Indianapolis Times, Volume 39, Number 5, Indianapolis, Marion County, 17 May 1927 — Page 11

MAY 17, 1927

WEAKNESS RETURNS TO HOG MARKET

BETTER TONE IN STOCKS SEEN ON NEW YORK MM Nickel Plate Leads Rail Advance —Industrials, Motors Up.

Average Stock Prices

Average of twenty industrials Monday was 168.68. off 1.78. Average of twenty rails was 133.13 off .63. Average of forty bonds was 97.50, off .02. Hu United Press NEW YORK, May 17—While irregularity carried over into today's early trading from Monday’s reactionary market, issues on the stock exchange today showed a distinctly better tone. Rails led the movement with Nickel Plate moving sharply higher and others of the group making substantial progress upward. Me tor shares displayed a better tone and several industrials scored excellent gains. Call money renewed at 4% per cent, unchanged from Monday. Wall Street was agreeably surprised by the decrease of practically •000,000 shown in brokerage loans this center during tlie week ended May 11. As the period covered was one of rising prices in stocks, it was evident that reduction had resulted from the release of funds through completion of bond flotations. Technical Position This development demonstrated that speculative excesses which the banking community had been fearing were not in evidence, and proved that the stock market was in far stronger technical position than most observers had supposed. This conclusion was reflected in an improved tone in the main body of stocks in the early dealings. General Motors Armed up % to 193%; Baldwin, lVa to 199 fA; Houston, 1 point to 131, and Nickel Plate, I\' 2 to 219. Loans failed Although banks called $10,000,000 loans in the late morning, funds were reported available at the rerewal figure of 4’4 per cent and the general list maintained a confident ; tone. Resumption of the advancing tendencies in speculative leaders encouraged aggressive buying of stocks in which strong pools were operating. Eureka Vacuum Cleaner spurted 3% to 73% and Colllins & Aikman 3% to 85. Bullish activities in Worthington Pump, which reached anew high for the. year at 36%, up 2%, were helped along by President Bel#p’s statement that the company's pktngs were running ahead of the •responding period last year in all departments.

Banks and Exchange

INDIANAPOLIS STATEMENT „ —May 17— Local bonk clearings today were $4.406,000; debits, $8,955,000. NEW YORK STATEMENT *NE(v 1 YORK*May 17.— Clearing*. sl.340,000,000: balances. $133,000,000. FOREIGN EXCHANGE HU United t‘l • IS NEW YORK, May 15 —Foreign ry-e-hang® opened steady- Demand sterling. $4.8.) 5-32. oft 00 1-32: francs. 3-91 %c. ,00%c; lira. 5.47 c, up .01 %C, Belga, 13.89; marks. 23.67 %c.

In the Sugar Market

(By Thomson &• McKinnon) NEW YORK, May I".—The attitude of buyers toward current offerings of Philippine raws is typical. At the close ot the market Monday about 12,000 tons were available, but refiners were holding off in the hope of a more favorable price The market for Cubas is firm and reftwed prices give promise of working higher with any increase in the demand. The outlook is eatisfactory and I look for Home what higher prices, in futures before long. “Strictly Business,” Says “Captive” Leeds [}u United Press SOUTHAMPTON, May 17.—William B. Leeds, husband of Princess Xenia, was not “shanghaied” by 'flfcpnds aboard the Aquitania after it appeared today when the heir to the "tinplate king,” now dead, arrived here from New York. Leeds was accompanied by William Meyer. Neither had a passport, but both were permitted to land. Leeds was understood to have hoarded the Aquitania In New York to say farewell to a member of his staff. The latter failed to appear. Leeds telephoned his wife that he would go to London himself to transact the business. Meyer, according to the story, was persuaded to accompany Leeds, and they borrowed clothes from the ship's officers. WRITER HELD IN DEATH Newspaper Man Dies of Wounds Received in Novelist’s Home. Bv United Press WILLIMANTIC, Conn., May 17. A blood transfusion operation in which Leonard Cline, author, gave a pint of his blood, failed to save the life of Wilfred Irwin, newspaper man and playwright, mortally wounded while a guest at Cline's summer home near here Monday morning. Irwin died at midnight last night at a hospital here. Cline was held under guard of State police pending outcome of the inquest. State police investigating the case indicated that Cline and Irwin were alone at “Old Hickory,” Cline's home near here, when the shooting maintained that the shooting was accidental and Irwin, before bis de. t.h, was said to have made a statement supporting that contention. Cline volunteered to give his blood. Officers recalled that a week ago State troopers wfere called to Cline's home. On arrival' they said they • found Cline suffering from a severe beating. Irwin was arrested. But Cline paid his fine.

Cattle Reported Off: Calves Lower and Sheep Unchanged. —Hog Price Range— May Bulk. Top. Receipts. 10. 9.50 @10.25 10.30 7,500 11. [email protected] 10.15 11,900 12. 9.35 @IO,OO 10.1(1 8,000 13. 9.25 @IO.OO 10.00 7.000 14. 9.00 @1 9.75 9.85 3.500 16. 9.35 @ 9.90 10.00 5.500 17. 0.23 @ 9.90 10.00 8.000 A tendency to partly offset Mondays advance struck the local hog market today. Some light hogs were sold to shippers at prices little changed from the previous market, but butchers were steady to 10 cents lower. They were off mostly, with some bids declining 15 cents on the hundredweight. Although the market's tone was opposed to that at Chicago, both livestock centers showed an early top of $lO. Receipts at the Indianapolis stockyards were 8,000, the bulk of these bringing [email protected]. From Monday's run 156 were held over. Hog Price Range Most material in the 160-225-pound class sold at [email protected], but some of it brought $9.95 and $lO. Other prices were: 225-250 Jbs, [email protected]; 250 pounds up, [email protected]. Pigs were quoted at $lO down and packing sows were [email protected]. Cattle were steady, receipts estimating 1,400. Beef steers were $9.50 #11.75; beef cows, [email protected]; low cutters and cutter cows, [email protected]: bulk stock and feeder steers, $7.75 #8.50. Calves Drop Off , The calf market was weak to 50 cents lower. Best vealers set a price of $11.50 and other grades sold downward from this. The run was 1,100 head. Little trading was done in the sheep and lamb market, steady prices being asked. Receipts were 400. As the market became established top fat lambs were $16.50. bulk fat lambs, $12.50#16.50, and bulk cull lambs, $8 @10.50.

IIoBS— Receipts. 8.000: market steady to lower. 90-130 lbs so.2s(ft 10.00 130-100 lbs 0.50(0 10.00 160-200 lbs 9.75(5 10.00 200-250 lbs 9.50(6 9.85 250 lbs. up 9.25 fir 9.05 I —Cattle— Receipts, 1.400: market steady. npe f steers $9.50(6 11.73 Bulk stoek and feeder steers. . $7.25 (ii 8.50 Beef cows 6.75 fa 8.50 bow cutters and cutter cows. . 4.25 $5.50 —Calves— Receipts. 1.100: market weak to lower. Best vealers $11.10(911.50 Heavy calvefc 6.00® B.JO —Sheep— Receipts, 400: market steady. Top fat lambs $16.50 Bulk fat lambs 12.50® 16.50 Bulk cull lambs . B.oo® 10.50 Other Livestock Bit United Press CHICAGO. May 17—Cattle Receipts. 11.000: all classes mostly steady: yearling; steers slow with Mondays extreme decline: little cattle numerous: choice weighty kinds scarce: best heavy steers. $13.05: gprinklimr. $13(8 13.25: bulk. $lO ! @11.35; steers selling under $lO in broad demand: feeders scarce, mostly $8 50(9 9.50: meaty kinds. $lO and better: weighty medium bulls. $7.25: vealers mostly $lO <811.50: outsiders. sl2, and better. Sheep —Receipts. 9.000: fat clipped lambs and springers opening slow, Jso to mostly 35c lower than Monday: good California spring lambs. $16.75 (it 15250: few cull springers around $13.50: bulk desirable elipped lambs, $15(8 15.50;- full clippers. $11.75(8 12.25: sheep weak to 25c lower: fat elipped ewes. $<.50(8 8.26. Hogs Receipts, 20,000; market fairly active, mostly 10e higher than Monday s average: heavyweights. $9.30(8 9.80: mediumweights. $9.60(8 10.10: lightweights. $9.75 @10.10: light lights. $9.50(6 10; packing sows, $8.25(8 9; slaughter pigs. $8.75 <9 9. < 5. Bu United Press CINCINNATI, May 17.—Hogs Receipts. 4.200; holdovers. 1.807: market steady to 10c up: 250 to 350 lbs.. $8.75 @9.50; 200 to 250 lbs.. $9.40® 111; 160 to 200 lbs.. $9.90 @ 10: 130 to 160 lbs, $9.75@10: 90 to 160 lbs., $8 [email protected]; packing sows. $7.7'% 8.25. Cattle Receipts. 450; calves, 500; market steanv; vealers 50c lower: beef steers. $9 @11: light yearling steers and heifers. $9(9 10.75: beef cows. $6.50@8: low cutifrs and cutter cows, $4.25 @5.50: vealers. $8 @11.50; bulk Stocker and feeder steers $8.50 @9. Sheep—Receipts. 150: market Steady; top fat lambs. sl3 50: bulk fat lambs. sll<B 13.50: buik cull lambs, $5(6 8; bulk (at ewes, $5(6 7; bulk spring lambs. sls@lß. K 'louts-ville." May 17.—Hogs—Reeeiple. 1.200; market 10 cents higher; top, 59.65. Cattle—Receipts, 100; market, steadv. Calves—Receipts. 300: market. steady: good to choice. $8.50(8 10.50; medium to good S6ffl 8: outs. 56 down. Sheep—Re eeipts, 1.000: market. 50 cents lower fed lambs. sl3 @l4; springers. $17(8 17.50; seconds, $14@15: sheep $6.50®.7. Bu United Press TOLEDO, May 17.—Hogs—Receipts. 600: markpt steady: heavies. $9 @9.50: medium. $9.25® 9.75: A'orkers. $lO ft 10.25: good pigs. $lO @10.50. Calves— Receipts light: market steady. Sheep and lambs—Receipts light; market steady. Cattle—Receipts light; market steady. Hir United Press PITTSBURGH. May 17—Hogs Rceeips, 500: market steady to 10c up: 250350 lbs.. [email protected]; 200-250 lbs . $9.50(8 10.15: 160-200 lbs.. $10.15® 10.80; 130160 lbs.. $10.40 @10.60: 90-160 lbs., [email protected]: packing sows. s7@B. Cattle—Receipts, none; calve*. 100: market, steady: beef steers. [email protected] quotable: vealers. sl2 @12.50. Sheep Receipts. 3.000: market lower: lop fat lambs. sls: bulk eutl lambs, $6 @11; bulk spring lambs. sl2 @lB. Hli T nitrel Press CLEVELAND. May 17.—Hogs Reeeipts, 2,000: market steady: 250-350 lbs.. $9.25@10; 200-250 lbs., sio@ 10.25; 160200 lbs.. $10.25 @10.46: 130-160 lbs.. $10.46: 90-160 lbs., $10.40: packing sows, [email protected]. Cattle—Receipts. 150: calves. 400; market steady; light yearling steers and heifers, $10.25: beef cow.s $7@,8.25: low cutter and cutter cows. $4.60 Or 5.75; vealars. sll @l3. Sheep—Receipts, 1,000: market slow: top fat lambs, $15.50: bulk fat lambs. [email protected]: bulk cull lambs. SIO.6OWHS; bulk fat ewes, [email protected]. Bu Unit ft Pre-s EAST BUFFALO. May I.7.—Hogs—Receipts. 500; holdovers 631: market strong to 15c up: 250 to 350 lbs.. $9.50(9 10.10; 200 to 250 lbs.. $9.90(8 10.4(1; 160 to 200 lbs.. $10.25 @10.55: 130 to 160 lbs., $10.25@ 10.56: 90 to 160 lbs., $10.39® 10.50; packing sows, $8.50® 9. Cattle— Receipts. 50; calves. 400; market steady; calves steady: vealers, [email protected]. Sheep —Receipts. 400: desirable grades scarce, nominally steady: bulk fat lambs. $14.50 @ls; bulk cull lambs, [email protected]. Hu United Press _ EAST ST. LOUIS. May. 17.—Hogs—Receipts, 1.700: market generally steady: 250 to 350 lbs.. $9.10 @9.60; 200 to 250 lbs.. $0.35 @9.90: 160 to 200 lbs., $9.50 @10; 130 to 160 lbs., s9® 10; 90 to 160 lbs., $0 @19.75: packing sows, $3.15 @ 8.60. Cattle —Receipts. 4,500: market for Bteers steady: beef steers. s9@lo 50: light yearling steers and heifers. $8 @10.50; beef (low s, $0.50® 7.75; low cutters and cutter cows. $4,25® 5.50; vealers. $11.25: heavy calves( $6.50 @8: bulk stocker and feeder steers. [email protected]. Sheep—Receipts, 2.500; indications slightly lower; top fat lambs. $15.25: bulk fat lambs, $14.75® 15; bulk cull lambs. [email protected]; bulk fat ewes, $7 @7.50.

In the Cotton Market

. (By Thomson & McKinnon) NEW YORK, May 17. —The market not only closed strong and at top prices, but the gossip around the ring was that many buying orders were received too late for execution before the dlose. Much of the buying during the da/ was due to a growing feeling that Texas conditions are poor. Almost everybody 7 Balk to expects to see a bit market and h%hcr prices. COTTON ESTIMATE REVISED 11 ii l lifted Prrsst WASHINGTON. May 17.—The revised of the 1926 cotton crop was pitted at 17,911,000 bales by the AgiJfiulture Department today. Jr The estimated the yield of lint <®tton picked per acre in 1926 at J 1.9 pounds.

New York Stocks

By Thomson & McKinnon)

—May 17— Railroads— Prev. High. Low. Close. close. Atchison ..181% 179% 181 178 % At Cos L . . .183 ... 183 183% B & O .122 120% 122 120% Can Pae ..178!, ... 178% 178% C & O ...184 180 182 180% C & N W.. 86% 85% 85% 85% C R & P.. 98% 98 % 08% 98% Del & H . . 206 % 205 206 % 205 Del & Lack.l6s 164% 165 164 Erie 65 53 % 54% 53% Eric Ist pfd 59 % 59% 59 1 j 59% Gt No pfd. . 88% - . . . 88 87% Lehigh Val 122% . 122% 122% K C South 56 % 55 % 56 56 L & N ...138% 138 138% 138% M K & T. . 47 ... 46% 45% Mo Pa pfd 104% 104 101% 105 N Y Cen .150% 148% 149% J 48% N Y NH&H 49% 48% 48% 48% No Pacific.. 87% ... 87% 86% Nor * W .179% 179% 179 % (Vie Marq 124% 123% 121% 123% Pennsy ... 61% ... 61 % 61 Reading .. .118% 110% 117% 116% Southern R 124% ... 124% 124% South Pac .112% 111% 112% 111% St Paul... 14% 14% 14% 14% St Paul pfd 24% ... 24% 24% st I, & S W 73 73% 73% St I, 1S F 1.13 C 113 113 % 1(3 Un Pac .176% 175% 175% 175 Wabash .. 65% 64% 65 65 Wabash pfd 94% ... 91 % 95 Rubbers— Aiax ... 9 % ... 9"4 9 % Fisk 17% ... 17% 17% Goodrich . . 55 % ... 55 % 54 Goody pfd 115% 115% 115% 115% Kelly-Spg... 24 % 23% 2.3% 23% U S Rub.. 51% 61 51% 51 Equipments— Am C& F 106% 105 106% 101% Am Loco . 115 113% 114’-. J)l% Am Stl Fd. 44.% 14% 44% Bald Loco .202 108 802 190% Gen Elec.. 97% 96% 97 06% Lima 72% 70 72 70 N Y A Bit 44", Pr Stl C. . . 62 61 % 62 HI % Pullman .187% 180% ’Bl 186 Westli A B 157% . 157% 156 Westlt Elec. 75*, 71 7 1% 74 Vi Steels— Bethlehem. -19% 49% 49 5 , 49% Colo Fuel . 85% 83% 84 % St Crucible 86 85% 86 Si>% Gulf St Stl 50 ... 50 50 Inland Steel 43% 13% 13% P R r k I. 42% 12% 42% 42% Ren Steel . 65 04 % 05 65 Sloss Sheff. . . ... . . 1"6 % U S Steel .170% 169% 170 % 169% Alloy 26% ... 76% 27% Vanadium .46 ... 45% 46 Mot ors— Am Bosch. 14% . 11% 14% Chandler . 23% 33% 23% 23% Chrysler .. 41% 14% 44% 14% Con Motor. 12% . 12 12 Dodge .... 20% 1 20% 20% 30 Gabriel ... 40 39 % 39 % 39 % Gen Motor 105'-, 193% 194% 193% Hudson . . . 85 % 83% 85 83% Hupp 20 %* . . 20% 20% Jordan .. . ... 18 % Mack 114 % 110% 113% 111 Martin Par .. ... ... 17*. Moon ... . 8 ■ Nash 62 % ... 62 *ll Packard . . 35 ... 35 35 Peerless . 25% ... 25% 25% Pierce Arw . ... 15% studehnker. 53% 52% 53 52% Stew Warn. 59% 57% 58% 59% Timken . 94% 93% 93% 93% Willy b Over 20*, 20% 20% 20% White Mot. 47%. 47% 47% '7% .Mining— Amer Smlt 150 % 148% 149% 148% Anaconda 45% 45% 45 % 45% Per De Pas. 60% . . 60% 61 Inspiration. 17% ... ' 17% 18 lot Nickel. 58% . 58 58% Kennecott . 6-1 % (14 % 64', 64% Tey G J g. 61% 60% 61% 60% U S Smlt *... 30% Oils— Atlan Ref 109% ... 109% 109 (a) Pete... 25% 25 ■’.'•% Freept Tex. (18%. 67 67% 67% Houston ...132 130% 133 130 Indpt 0i1... 19% 19% 19% 19% Marland C.. 35% 37% 38 37% Mid-C Pete 31 30% 30% P A P ißt . 59% 59% 59", Pacific Oil.. I % I % 1 % Phil Pete.. 43% 43% 43% 43% Union Oil.. 43% 43% 43% 43% Pure 0i1... 37% 27% 27% 27*, Royal Dut. 49% . . 49% 19% Shell 28 . . 27 % 28 % Sinclair . . 17% 17% 17% Skelly ... 26 % 26 26 % 2ft % S O of Cal 54% 54% 54% S O of N .1 37% 36% 37 36 % S O (if N Y 30% ... 30% 30% Texas 00.. 47% ... 47% 47% Trans P.. 4 % ... 1 % 4 Industrials— Ad Rumely . . . ... 11'., Allis Chal 103% 108% 408% Allied Civ. 140% 139% 140 130 Ar m (A).. 12 11% 12 12% Amer Can. 47% 47% 41% 47% Am II 1 8% A H f, pfd 63% Am S Rax ... ... ... 49 % Am Wool ... ... ... 19% Central I. ... ... 10% Coro Co'a .113% 111% 112% 111', Cont Can. 65 ... 65 04 % Cert Prods ... ... . . 63 % Dav Chem. 28% 28% 38% Dupont .. 240 237 !, 238% 238% Fam Play. 110% 110% 110% 110% Gen Aephlt 74% 73% 74 73% Int C Etigr 51 % 50% 51 50% Int Paper. 41% 40% 41 40% Int Harv.. 160% 168% 169% 110% May D Sta 70 ... 69% 70% Mont Ward 66 65% 66 65% Nat Lead.. 202 ... 200 199 Owen Bot.. 79 . 79 79 Radio 46% 46% 46% 46% Real Silk.. 42 41 41% 42 Rem Type.. 41 % . . 41 % 41 % Sears-Roe... 53% ... 53% 54 United Dij .. ... ... 172% Univ Pipe. 31% 51% 31% 31 USC 1 P 241 % 238 % 2*l % 236 % U S In A1 76% . 76% 75%. Woolw 140% 139% 140% 139% qtlUtier— Am TANARUS& T 164% ... 164% 164% Am Express 131% ... 13) % 131% Am W W. . . 80% . 79% 79% Brklyn Man. 64% 64 64% 64 Col Gs .& El 92 % 91% 92% 91% Cons Gas .103% 102% 103 102% Interboro .... ... . . 41 % No Am Cos 48% 48 48% 47% Peoples Ga. .. ... ... 140% Phi la Cos. . ... 105% SG & El.. 57% ... 57% 57% West Union 101 ... 161 160% Shipping— Am In Cp. 45 44% 45 44% Am S & C . . ... ... 4 % Atlantic G 35 111 M M pfd 43% 42% 43% 42% United Fr. . . . ... ... 129 % Foods— Am Sugar 90% &0 90% 89% A B Sugar 20 .. .' 30 an Austin N. . 4*4 ... 4% 5 Beech N. . . 52% ... 52% 52% Calif Pkg. . 64% 03% 64 63% Corn Pds. . 61% 61 % 61% 61% Cuba C pfd 42% 42% 42% 42% Cuba A Bug 24 ... ‘.4 % 24' . Fleiscbmann 57 50% 56% 56% Jewel Tea. ... ... 65 Nat Bisc ..131% 129% 130% 129 Punt a Ale. ... ... ... 40% Postum ...101*, 101 % 101 100% W Bk B 21

Local Wagon Wheat

Local grain elevator* are paying $1.28 for No. 2 red wheal. Other grades are purchased on their merits

Commission Row

TRICE TO RETAILERS FRUITS Apples—Box apples Winesaps. $3 0 3.50. Extra fancy barrel apples—Ben Davis. $3.75@4; New York Baldwins, f4.25. Fancy barrel apples—Ben Davis. 3.50. Basket apples. 40-lb. basket— Winesaps. $1.50: Ben Davis, $1.25. Bananas (jobbing price)—sHo’6c lb. Cherries California, $4.5005 box <B(4 lbs.). Grapefruit—Fancy. $4.25, Lemons —California. $4.25 04.50 box. Limes—California, $3 per hundred. Oranges—California Valencies, crate, $3.25 0 6. Pineapples—Cuban. $4.2504.75. Strawberries Tennessee. $5 0 6.50 24 quarts. ' VEGETABLES Asparagus—H. G. fancy white, 600 00c dor,.: green. 76c@51 doz. Beans—Louisiana stringless. $3.50; Louisiana pole. $2.25 per hamper. Beets—Louisiana, $2 per hamper. Cabbage—Mississippi, $8 crate. Carrots—California, $2 bu.; Louisiana, $2 hamper. Cauliflower—Crate., $2.50. Celery—Florida. 3 and 4-doz. crate. $5.50; Mammoth (washed). $1.5001.75 doz. Corn—Texas. $1.50 bu. Cucumbers—Hothouse, 2 doz., $2.25; southern. $4 hamper. Eggplant—Florida, $1.50 0 3 doz. Garlic—California, 12He lb. Kale—H. G.. 00c bu. Lettuce—lceberg, crt.. $5: H. G. hothouse. $2.40 15-lb. basket. Late Seed Potatoes—Rural New York. 150 lbs. $6.50: Kings. 150 lbs.. $6.50. Mangoes—Florida peppers, $0 crate: $1.50 peck. Onions—Texas yellow, $3.50: H. G. green. 45<- doz. Onion Sets—Yellow. $2.75 bu. Parsley—H. G., 50c per bunch. Peas—California. $3.50 hamper. Potatoes_LMichigan whites, 150 lbs.. $6: Russet Burbanks, 150 lbs.. $4.50: Idaho bakers. $4.50 box: Triumphs. 100 lbe., $6. Radishes—H. G. long red, 45c; hothouse buttons, 60c. Rhubarb—H. G„ 30c doz. Spinach—Texas. 85c bu. Sweet potatoes—lndiana Jerseys, bu., $2: Nancy Halit. 51-60 hamper.

THE INDIANAPOLIS TIMES

1 Tobacco,— Am Suma. . 52% 52% 52% 52 % Am Tob ..131% ... 131% 131 % Am T B ..131% ... 131% 131% Cons Cigars 80% 79% 80% 79 Cam Cigars. 58 57% 58 57% Liggett ...104 ... 104 103% Lorillard ..26% ... 26% 26% R J Reyn.l22% ... 122% 122% Tob PB. . 99% 99% 90% 99 U Cig Stor 99% 99 U 99% 89 Schulte R. i. 52% 52% 52% 52%

Produce Markets

Butter (wholesale price 1 Creamery, best (trarle. a pound. 44® 45c. Butterfat —Local dealers pay 43c. Eggs—Stri< tty fresh delivered at Indianapolis. 17@18e doz. Poultry (buying prices)—Hens, large breed 19® 20c: Leghorns. 15@17c: old roosters. 10e; springers. 1% lbs. up. 28® 30c: Leghorn springers. 20®25c: ducks. 13® 18c; turkeys, young 30c: old, 25c; guineas, 35c: geese. o@l2c. Ifn Untied Press CLEVELAND. May 17.—Butter—Extras in tub lots. 44%® 46 %c: firsts, 40% @ 41 %c: seconds. 38 % @39 %c: packing stock, 28c: prints in one-pound cartons, range 1 to 3 cents a pound above tub quotations. Eggs—F.xtras, 20c: extra firsts. 26c: firsts. 22%® 23c; ordinary. 22c. Poultry—Medium fowls. 25@ 300heavy fowls. 25('(20c: leghorn fowls. 22 ft 24c: heavy broilers. 40® 42c: Leghorn broilers. 35@37e: cocks 10® 17c: ducks. 28® 30c: ge< se. IS® 20c: spring ducks. 31 ft 32c. Potatoes —Round whites. 150pound sack Maine. s6® 0 15: Michigan. $5.75® 5.85: Idaho russet bakers. 120pound sacks. $4 60: Florida barrels, No. 1. range sß.7sft 9: Ohio 60-pound sacks. $1 90ft 2 10: Maine two-husbei sacks, $4 05; 100-pound bag triumphs. $4.25® 4.50. Hu t nited Press CHICAGO. May 17—Butter—Receipts, 22.402; creamery. -40®4((%c: standards 40%c; firsts 37®38%0: seconds. 34® 3(lc: extras tt %c Egca—Receipts. 50 - 940; ordinaries. 20@21c. firsts, 73 ft 22 %e: seconds, 20c: extras, 25 %c. Che.-sc —Twins. 32 %r: Americas. 23c. Poultry —Receipts 0 cars; heavy fowls, 23 %e; light fowls. 24c: springs 40": heavy ducks. 25c: spring duck,. 30c: geese ,10e: turks. 26c: roosters. 14c. Potatoes—Arrivals. old 68. new 111: on track, old 200. new 108: in transit. 429: Wisconsin sacked round whites, old. $3.50 @3.60: Idaho sack-d russc's. $1 50(14-06; M* Alabama sacked Bliss Triumphs. ss® 5.25: Louisiana sacked Bliss Triumphs. $4.60 @ 1.75: Texas sacked Bliss Triumphs. $4.85. Sweet potatoes—? 1 ftf 1.10. Bit United Press NEW YORK. May 17 Flour—Quiet and easy. Pork—Quiet: mess. $34. Lard —Firmer: Middle West. $12.80® 1° 90. Sugar—Raw steady: 96 test. 4.83< - : refined firm, granulated. o.lo® 0.30 e. Coffee Rio No. 7. 15 %c: Santos No. 4. 17® 17 %c. Tallow—Steady: specials to extra. 7%@7%c. Hay—Easier; No. 1. $1.30 ft 1.35. No 3. sl.lo® 1.20: closer. $1.05 @1.30. Dressed poultry— Easy: turkeys. 25® 40c: chickens 20@42c; capons. 30*1 16c: fowls 12@34c: ducks. 18®7‘V: Long Island ducks. 23 ft 24c. Live poultry —Quiet: geese. 10®l5c: ducks. 1/2 ft 37c: fowls. 25@27c: turkeys. 20® 23c: roosters. 16c: cations, :15c. broilers 20 ft 18c. Cheese—Quiet: State milk common to -.pecial 2 1 ® 78c: Young America. 25ft 28c Butter—Firmer: receipts. 22.276: creamery extra. 43 %c: special market. 44 ft 44'.c Legs—Steady: receipt*, 51.151; nearby white fancy, 31 ft 33c: nearby State white. 25 ft. Mir: fresh firsts. 23 ft 24c; Pacific r**t first to extras 38 ft 35c: west rn white*. 75®28c: nearby browns. 28 ft 3"e Potato",—Long Island ss.soft 5 75 ; Southern, $2.50(6 7.50; Maine. $5.35® 7Bermuda. *4® 7 2.5.- Sweet potatoes Jersey basket 50C® $3.50: Southern, bas - ket. $1.25® !.7.>.

HOME PLEA MADE IN MISSION TALK Only Woman Speaker Today Urges Family Unity. "Keeping the Family Together" was the subject of the address of Mrs. Fred Becker. Milwaukee, Wis., only woman speaker of the day at the fourteenth annual convention of the International Union of Gospel Missions in its fourth day session at the Central Christian Church today. Other speakers on the afternoon program were D. H. Scott, Montreal, Canada, whose subject was “Should a Mission Do Family Relief Work?” and D. B. Bulkley, Kansas City, Mo., who spoke on "The Mission's Rela tlon to Other Social Agencies," and Linn A. Tripp of the Indianapolis Church Federation. A noon meeting at Keith's was addressed by E. J. Berquist, Newcastle, Pn.; Ohadiah Becker, Allentown. Pa.; E. J. Hanson, Kansas City, Mo., and Carlton Park of Brooklyn. N. Y. A mass meeting will be held at the church this evening at which J. C. Davis, Toronto, Canada; Jacob Fritz. Boston, Mass., and A. L. Jones, New York City, will speak on "Twice-Born Men.” Pet?r MeFarlane of St. Paul. Minn., will make an address on "The New Birth.’’ Following this, services will be held at the Wheeler City Mission.

Gone, but Not Forgotten

Automobiles reported stolen to police belong to: Nelson Beecham. Martinsville, Ind., Ford, from Illinois and Louisiana Sts. Clarence Brooks, 824 Lexington Ave., Ford, 571-168, from in front of that address. U. V. Goble, 1343 N. Colorado Ave., Ford, 508-927, from rear of 3208 E. Michigan St. Francis Hamilton, 4119 N. Illinois St., Chrysler, 18-299, from Riverside golf course. A. H. Weinland, 950 Ft. Wayne Ave., Willys-Knight, from 115 E. Vermont St. N. A. Bash. 231 Blue Ridge Rd., Auburn. 10-231, from South Grove golf course. Thomas Owens, 1645 N. Alabama St., Essex, 514-593, from Maryland St. and Capitol Ave. G. L. Lunsford, 1104 N. Alabama St., Jordan, 562-419, from Capitol Ave. and Washington St. BACK HOME AGAIN Automobiles reported found by police belong to: Elwood Proctor. 1121 Harlan St., Ford, found at 900 block Prospect St. Rex V. McLear, 2831 Central Ave., Rickenbaeker, found at Shelby St. and Southern Ave. Jess Bournes, city, Studebaker, found at 315 W. Ohio St. COUPLE SLAIN IN AUTO Los Angeles Business Man and Stenographer Shot. Bn t inted Press LOS ANGELES. Calif., May 17. Bodies of George E. Powell Jr., vice president of the Discount Corporation of California, and Miss Margie Pike. 24-year-old stenographer, were found in Powell’s motor car on a road near here today. Both had been shot and a revolver was in the girl’s hand. Authorities believe the girl ldlled Powell and then committed suicide.

TRADERS BELIEVE WHEAT SITUATION IS WEAKER NOW Off Fraction at OpeningCorn and Oats Move in Sympathy. Hu fimrs Special CHICAGO, May 17.—With a majority of traders of the opinion that the wheat situation is weaker for the time being, all depending on the weather and crop news, opening trade was of small proportions, with quotations %c to **c lower than yesterday’s close. Liverpool was not as weak as expected in view of Monday’s decline here, but had no effect. Export buying has dropped off and durum wheats which have been advancing sharply of late on export sales had a bad slump yesterday, May breaking 6 cents. Sentiment in corn was more bearish at the opening in view of yesterday’s weak close, with prices to \c lower. Corn has passed from an oversold to an overbought market as viewed by a number of large corn specialists who have taken the short side and were aggressive sellers yesterday. They scared out many recent buyers and were talking lower prices should the weather remain favorable for this week. The technical situation is regarded as the weakest for some time. Oats opened to T *c lower than the previous close. Trade in this grain remains small and prices are easily Influenced by action of other markets. Provisions opened unchanged. Chicago Grain Table WHEAT— —May 1 ’ s PrFV Open High. I-ow. Close. close. May 1.19% 1 11 >, 1.39% 1.40% 1.10 July 1.34% I 35 % 134% 1.35% 1.34% Sept 131% 132% 131% 132% 1.32% CORN— May 83% 85 82% .84% .34 July .87% .89 % .87% .89 .88% Sept 89% .91 89% .90% .90 OATS— Mnv .48% .49 .48 .48% .49 July .18% .49% .48% .49 .49% Sept 45% .46% .43 % .40.40% LARD— Ju1y.12.35 12 40 12.35 12 40 12.37 Sept. 12.57 12.00 12.53 12.57 12 57 RIBS— May. 12.85 12.85 12 75 12.75 12.85 RYE— May 1.07% 1.07% 107% 1.07% 1.07% July 105% 100% 1.05% 1.00% 1.00% Sepl .97% .98% .97% .08% .98% Hu United Press TOLEDO. Mav 17.—Close: Wheat—No. 2. $1.41 %ft 142%. Corn—No. 3.90 ft 91c. Rye—No. 2. sl.ll Oats—No. 3 54 ft 56c. Clover—Cash imported. $14.75: October $lO. Timothy—Cash new, $2 60: May. 52.00. Butter—43f|46c. Eggs—--20&22e. Hay—s2s. Bu United Press CHICAGO May 17—Cash grain: Wheat —No. 3 red. $140% *ll4l No. 4 l ed, $1.35% ; No. 3 hard. sl43® 1.43%; No. 4 hard. $1.38%. Corn—No. 3 yellow. 83 ftßo%c: No 4 yellow. 83@83%e: No. 5 yellow. 81%@83e: No. (I yellow. 83 *1 82%c No. 3 mixed. 83%e: No. 5 mixed. 83c. No 3 v hit. 83%e NX 1 white, Me. No. 5 white. 83c; sample -ride, 03® 78%c. Oats—No. 9 white, -lit® 30%e: No. 3 w hit<\ 48 ft 50o: No. 4 vnite. 4->% ®l7 1 -e: samplo grade. 13® 47c. Bnrley —Boft 92c. Rye—No. 2. $1.09: No. 3. SI .07%. Timothy—s 4 @5.35. Clover s3o® 30.

CHICAGO WRITER AT BOOK FAIR R. H. L. Among Authors at L. S. Ayres Event. The “Line-O-Type” conductor of the Chicago Tribune. Richard Henry Little, brought a journalistic note to the Book Fair of L. S. Ayres this afternoon. Others on the afternoon program were Honore Willsle Morrow who wrote “Forever Free,” “On to Oregon," and “Stilt Jim”;Slason Thompson, “Life of Eugene Field”: Janet Fairbank, “The Simiths” and “Idle Hands”: Albert J. Bromley, “Snowshoe Al” and “The Return of Snowshoe Al." Christopher Morley. well-known assayist. and five other authors will speak Wednesday. Monday, the opening day of the Book Fair, Dr. William E. Barton, author of “Life of Abraham Lincoln,” was first speaker. “In writing the life of the Great Emancipator, it was my purpose to show that Lincoln was a seer and a prophet as well as a practical leader and statesman,” said Dr. Barton. “Lincoln to me—and I have tried to interpiet him so—was the incarnation of an American ideal and the finest product of American democracy.” Marriage Topic Miss Margaret Widdcmer, author of ‘‘Cross Currents,” “The Gallant Hour." and other successful novels, devoted much of her talk to the subject of marriage. "We have advanced this much —that we can talk, write and think about the subject of marriage,” she said. "Novels of marriage, where love does not stop at the altar as it did in past year, are tho new contributions of the times.” WATERWAY SAVES CASH Mississippi System Reduces Cost to Shippers. Bn United Press NEW YORK, May 17.—Shippers were saved $18,000,000 on the carrying of 30,000,000 tons of freight during 1925 by the “Mississippi waterway system” thus far developed, Edward A. Kimball of Des Moines, said in a paper read today before the national industrial council. The Government plan of dredging and deepening the river could be completed by expenditure of $120,000.000 in five years, he went on. ' Tho prevalent floods in the lower Mississippi would have been lessened, Kimball added, by further development of the river. Gun Falls, Wounds Alvla De Ree, 30. 822 E. Maryland St., is in city hospital suffering from a shattered shin bone in his left leg. De Ree was injured when a .32 revolver, which was lying on his trunk, fell to the floor as he was dressing today and accidentally discharged.

DAVIS FAVORABLE TO WOOLLEN FOR PRESIDENCY RACE Provided the Democrats , Nominate Indiana’s Favorite Son. John W. Davis, Democratic candidate for the presidency In the 1924 election, believes Evans Woollen, favorite of Indiana Democrats for the next presidential nomination "a mighty fine man who is callable of the presidency.” "I think Mr. Woollen a fine Democrat." he said, “and I, for one, would he wholeheartedly behind him in a presidential race.’’ Serves as Oil Counsel Davis is in Indianapolis as chief counsel for more than fifty oil companies in a hearing in progress before Charles Martindale, master In chancery, in which the Government charges that the companies have monopolized an oil “cracking" process. “I don’t like to discuss presidential possibilities at this stage of the race,’’ he said, “but Inasmuch as I am in Indiana and feel toward Mr. Woollen as T do I am willing to let Indianans know about It.” Avoids Comparison The former presidential candidate refused to draw comparisons between the various Democratic possibilities for nomination and he did not say whom he would support, if any one, in the next convention of Democrats. He did say that if A1 Smith of New York were nominated he would support him in the presidential race. Referring again to Woollen, he said: “If Mr. Woollen receives the nomination I shall certainly feel optimistic regarding the outcome of the race between him and the Republican nominee.”

BUTLER TO OPEN FAIRVIEW OIOS $1,000,000 Hall, Athletic Propositions Up. Bids on the first three buildings at Fairview were to be opened by Butler University authorities this afternoon. The Arthur Jordan memorial hall, to Include administration offices, science and recitation buildings, will cost approximately $1,000,000, reports J. H. Atherton, financial secretary. Work will begin promptly. William Irwin is chairman of the huilding committee which will let the contracts. Jordan is vice chairman. The athletic field house and gymnasium. which will be hegnn late In June, will be discussed. Atherton recently returned from the east. : where he inspected field houses and ; stadiums in leading institutions. 1 Forty acres in the northeast corj ner .of the Fairview site have been set aside for athletics, j Atherton said Butler will build a | 16,000-capacity gymnasium and field house combined, the largest in the country. It is to be completed in February. A modern, 25,000-seat stadium is expected to be ready in August, I 1928, and will be better than any j other stadium in the United States, Atherton said. The stadium will be 1 built so Its capacity enn be doubled. MOTHER SAVES CHILD Wounded Tot Brings About Reconciliation of Parents. ; Bu United Press I OAK CREEK. Colo., May 17, ' Assured by physicians that her I timely arrival had saved the life of I her 4-year-old daughter. Irene, Mrs. Peggy Ross Monday said she was “so happy” to be with her family again. Since she was shot by a playmate last week, the child had cried hysterically for her mother. Only presence of the mother could save the child, physicians said. Mrs. Ross h.(d left home after a quarrel with her husband, William. In spite of blizzards. Mrs. Ross arrived Monday from Denver, hurrying to her daughter. Little Irene quit crying and laughed when she saw “Mamma’’ again. The child brought about a reconciliation between the Rosses. They'll “start over again.” TAKES POOLROOM CUE Proprietor Absent in SiOO Theft Investigation. Police made one arrest and seek another man in the investigation of a reported robbery at 2129 E. Washington St., early today. A. M. Slaughter, 410 N. Hamilton Ave., told Sergeant Beeter and squad that he was at the John Shireman poolroom at that address when he was robbed of SIOO and a revolver. He Identified Ernest Bennett, 2201 E. Washington St., as a man who sold him whisky. Bennet was charged with operating a blind tiger. No one could find Shireman. MRS. RANSFORD BETTER Eastern Star Official Suffers Grip Complications. Mrs. Nettie Ransford, 509 N. Illinois St., secretary of the grand chapter of Indiana, Order of the Easter Star, was recovering slowly today from an Illness of several days resulting from complications following la grippe. Mrs. Ransford has held her present offioe thirty-three years. She joined the Eastern Star in 1872 and in 1876 assisted in organizing the general grand chapter, of which she is a past most worthy matron. Mrs. Ransford is a past worthy matron of the Queen Esther chapter and for thirty years served as chapter secretary.

Cincinnati Mayor to Talk Here

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< —Photo by W. M. Poynler. Murray L. Scasongood. mayor of Cincinnati under the city manager form of government, will speak at a dinner at the Claypool Thursday at 6:30 p. m. on the workings of city manager plan of government in Cincinnati.

FLOOD BOOSTING MARKET PRICES Strawberries at 30 Cents a Quart —Cabbage Up. Effects of the Mississippi flood are being seen in higher prices at the city market. Several foodstuffs have advanced recently. Commodities coming from the South will he less plentiful than usual and it is expected that they will be higher than normal when received. Strawberries went up to 30 cents a quart Saturday and stayed at that mark today. Most of those now on the stands are from Tennessee. Cabbage jumped from 6 to 15 cents a pound. Old potatoes have advanced. Michigan potatoes now are selling at 73 cents a peck and Idahoea at 10 cents a pound. Nothing new has arrived this week.

Jbcit Street Car Service to Be Speeded Up. Superintendent James P. Tretton of the Indianapolis Street Railway Company promised investigation of the request for improved service on the W. Tenth St. line, made by a correspondent of Mr. Flxit. The compdaint of the West Side Resident will receive careful consideration, Tretton said. With the new electric power service, which went into effect today, cars on all city lines will he speeded up, consequently providing better service, according to railway officials. Service will he speeded up when all the additional current is . thrown on the wires. The letter: Dear Mr. Fixit: Please see what you can do about getting better service on the W. Tenth St. car line. A person after working all day is anxious to get home. WEST SIDE RESIDENT. You should notice an improvement soon, SAFETY CONTEST OPEN Students Urged to Write Essays by Pennsylvania Railroad Indianapolis and Indiana school children are urged by Superintendent R. R. Mace of the Indianapolis division, of the Pennsylvania railroad, to enter the safety essay contest, sponsored by the American Railway Association. The contest is divided into three classes, with one each open to grammar school, high school and college students. A cash prize of $250 is to be awarded in each division. The essays which are to be based on "cross crossing cautiously,” must contain original suggestions of practical uae In the prevention of highway crossing accidents. All essays should be sent to J. C. Caviston, secretary of the safety division, American Railway Association, 30 A’csey St., New York. ' HOUSE BLAST PROBED i ■ Deputy State Fire Marshal Orders Explosion Investigation. Harry N. Styner, chief deputy State fire marshal, has ordered an investigation into the cause of the explosion which wrecked the home of Hubert P. Powell, 1140 \y. ThirtySeventh St., Sunday. The explosion is believed to have been caused by a leak in a gas heater in the basement. Styner’s investigation will attempt to disclose whether the heater had been equipped with a vent pipe to carry off escaping fumes. State fire laws require vents on basement gas heaters, Styner said. Masonic Club to Sing The Masonic Glee Club of Brazil. Ind., will appear before Murat Shriners and their families Wednesday night. Granville A. Richey, entertainment chairman, announced the program is exclusively for Shriners and their families and no admission will be charged. Dancing will follow the 1

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U.S.HEALTH BODY URGES CHILDREN BE TOLD OF SEX Time Has Come When Frank Study Necessary, Says Symposium. Bu 1 nitrd Press WASHINGTON. May 17—Th* United States Public Health Service today called on educators and parents lo give fra ik, fearless and honest sex instruction to children from kindergarten through college. A symposium on sex education, prepared for teachers and made public by Dr. Hugh S. Gumming, sup geon-general, asked for elimination of adult taboos, fear, false modesty and shame which were declared to have dominated the situation too long. I “Marital Infelicities, difficulties of j mental adjustments in courtship, ! marriage and parenthood, discussions j of birth control, illegitimacy, dependjents. defectives and delinquents, ve--1 nerenl diseases, eugenics and crime ' only weakly suggest problems In mental hygiene, for which sex education would be advantageous,’’ the I symposium said. Sees Step Necessary I “The present day dissatisfaction with the behavior of the younger I generations and the reflection of un healthful mental attitude on the part |of children and parents bear testimony to the necessity for an honest ! step toward rational sex education.” , Ih teaching sexology no one need [ fear the stimulation of sexual In- | stlnct, nor the total collapse of sex barriers, the publication points out A •‘Sufficient knowledge for all of | these undesirable elements now abound. Sox education is a means lof approaching present day problems of youth In terms of sex esthetics, sex ethics an dsex morality in times of emotional control and In- ; telleetual responsibility for social j living. I “It substitutes a thoughtful attitude for one of frivolity: it makes for farkness and honstey in place of secrecy and hypocrisy and It develops an appreciation of the part that personal sex hygiene plays in thee maintenance of a healthful and effective physical and mental life." Too Prduish Now j Dr. Gumming said America must . brush aside the prudish attitude which prevailed toward sex education. He recommended that schools make provision for instruction on i human reproduction and personal hygiene. Sox education, he added, is a comprehensive and progressive process ot care, guidance and example extending over a long period of years from infancy to maturity. “Sex instruction must not seek to create interest and awaken curiosity in the subject but merely to satisfy the curiosity which spontaneously arise in the child's mind,” the publication said. “The less children and youth think of sex and the later they mature sexually, the better both physiologically and ethically. Premature dej velopment of the sex consciousness and the sex feeling Is harmful.” Teaching of the difficult subject should not he earried on hy schools alone, it was pointed out, hut parents at home should explain some of the mysteries of fife in wholesome plain langunge, stressing morality.

CHECK PASSING STRANGER FAILS Teller’s Wit Thought to Have Foiled ‘Game/ What, is believed to have been an attempt to swindle the City Trust Company of S4OO was nipped Monday afternoon by Fred Calvert, 3911 Conner Ave., bank teller. Earlier in the day Miss NoraFogue, 1124 College Ave.. in charge of new accounts, was approached by a stranger who turned over a $750 check on a Chicago bank for deposit in anew savings account. The stranger was told that the check would be accepted subject to collection at Chicago and tho entry, dated May 16, was made In anew pass book. Later the stranger approached Calvert with another Chicago chock for $1,250 and asked for S4OO In cash. He displayed his now pass book as identification except that the date had been changed to May 6. Calvert noticed the erasure and as he left to consult an officer in the bank tho stranger faded. FIVE BICYCLES STOLEN Parking Racks at Two Schools Raided by Thieves. A raid on bicycle parking racks at two schools, located at Wegborst and Wright Sts., and Orange and Laurel Sts., was made by thieve* who stoic five wheels. Those reporting thefts are Donald Rugenstein, R. It. 5, value $25; John Farerich, 208 Gelsendorff St., S2O; Carl Schultz, 949 E. Raymond St., sl2; Fred Homeler, 1141 Dawson St., $7, and Eathol Qulllln, 933 English Ave.. sls. Police believe that some expert thief took the bicycles with a truck and that he will disassemble them and interchange parts before reassembling them for sale. Ohio Curator Speaks Dr. H. C. Shetrone, curator of the museum of the Ohio Archeological and Historical Society, gave an Illustrated lecture Monday night at the Columbia Club. His topic waa "Aboriginal Mounds and Their Excavations." Dr. C. B. Coleman. State historical commission director, pre-‘ •Mad- . l