Indianapolis Times, Volume 39, Number 8, Indianapolis, Marion County, 20 May 1927 — Page 27

MAY 20, 1927

HOGS REPEAT THURSDAY’S MARKET

RAILROAD SELLING FEATURES EARLY EXCHANGE TRADE I. C. C. Merger Ruling in Loree Case Causes Transactions. ✓

Average Stock Prices

Average of twenty industrials Thursday was 170.39. un 1.31. Average of twenty rails was 134.87, up .51. Average of forty bonds was 97.59, oft .06. Bn United Press NEW YORK, May 20.—Selling in railroad stocks featured early track ing on the New York Stock Exchange. The movement followed the Interstate Commerce Commission’s decision against the Loree merger plan and ledw to the belief that perhaps the Van Sweringen merger might meet a similar fate. Shares of roads involved in these mergers were down sharply in early dealings and industrials moved in a mixed trend. Rails were heavily sold in early dealings due to the Interstate Commerce Commission decision rejecting Loree's proposed merger of Kansas City Southern, M., K. & T. and St. Louis Southwestern. Katy common broke 2% to 4318. Kansas City Southern 6% to 50 and St. Louis Southwestern I*4 to 72%. Other Carriers Shares of other roads mentioned in consolidation projects were also heavy. Wabash sold off two points to 69% and Erie common % to 52%. lAowever, Atchison, Union Pacific, and other seasoned dividend rails maintained a strong tone and industrial leaders continued to move ahead at a rapid pace. Case Threshing machine soared to a further record high at 219% up 5%, while American Smelting advanced fractionally to its highest price since 1908 at 159%. Gary Comments Judge Gary's glowing picture of the national prosperity depicted in his remarks to the Iron and Steel Institute kept the forward movement going in good style around noon. The head of the Steel <Corporation said conditions in the industry w T ere sound, pointing to the continuance of stealy volume of business without unhealthy influences of boom times. Gary called attention to the Nation’s large resources and the ehaepness of money, giving stimulus to buying of standard industrials and rails. Steel common was active around‘the best levels of the current advance at 171, while further gains took place in American Smelting, American Can and other industrial leaders. Transactions were exceptionally large.

Banks and Exchange

INDIANAPOLIS STATEMENT —May 20— T.of-al bank clnarinss today were $2,982.000; debits. $6,685,000. NEW YORK STATEMENT Bv Touted Press NEW YORK. May 20. —Clearings, sl,088,000,000; balances, $103,000,000. FOREIGN EXCHANGE Bn Untied Press NEW YORK; May 20.—Foreign exchange closed irregular. Demand sterling. $4,85 3-16. up .00 %c; Irancs, 3.91 %c up 00%c: lira. 5.46 c. off ,02c; belga, i3.BS%c; marks, 23.68 c. up .00%c.

Produce Markets

Butter (wholesale price! Creamery, best grade, a pound, 44@45e. Butterfat —Local dealers pay 42® 44c. Eg gg —strictly fresh delivered at Indianapolis. 17@18c doz. , Poultry (buying prices)—Hens. large breed, 18@19c; Leghorns, la@ 16c; old roosters, lOe; springers, I l * lbs. UP. ~c: Leghorn springers, dudes. 13® 18c: turkeys, young 30c; old, 25c, guineas, 35c; geese, 9 (5112 c. Bu United Press CLEVELAND. May 20.—Butter Extras in tub lots. 43% ©45%c: firsts. 39% fit 4014 c: seconds, 37% (and 38 Vic. packing stock, 28c; prints in oue-pound cartons range from lc to 3c a pound higher. Lggs —Extras. 25c: extra firsts, -4c; firsts, 21 Vi ft22c: ordinary, 21c. Poultry—Medium fowls. 25®26c; heavy fowls, 25® 2Hc: Leghorn fowls. 22® -4c: heavy broilers, 38@40c: Leghorn broilers, 30® 32c; cocks. 16@17c: ducks, 28® 30c; geese, 18@20c: spring ducks. 31® 32c. Potatoes—Round w bites. 150-lb. sacks, Maine, [email protected]: Michigan, $5.75®5.86; Idaho russets, baker 120-lb. sacks, s4.bO: Florida, barrels. No. I, range. $8.75® 9; Ohio sacks. $4.05: 100-lb. bag Triumphs. $4.25®4.50: South Carolina slat-barreled cobblers, $8.75 @9. BU United Press NEW YORK, May 20.—Flour —Firm but dull. Pork—Firm: mess. $34. Lard Stronger: Middle West, [email protected]. Sugar—Raw inactive: 90 test. 4.83 c: refined dull: granulated. [email protected]. Coffee—Rio No, 7. 15 %c: Santos No. 4, 17@17 Vic. Tallow—Weak: specials to extra. 7%® 7%e. Hay—Steady: No. 1. $1.35; No. 3, $1.15 @1.20; clover. $1.06 @1.25. Dressed poultry—Quiet: turkeys. 25(it!46c: chickens. 20 @42; capons. 30 @4oc; fowls, 12® 32e: ducks. 18 @ 32c; Long Island ducks, 23@24c. Live poultry—Steady; geese. 10 'ii 12c: ducks. 12®25c: fowls. 26@28c: turkeys. 20® 22c: roosters. 15c; capons. 35c: broilers. 30® 50c. Cheese—Quiet; State milk common to special, 27® 28c; Young Americas, 25®'25*40. Butter—steady; receipts. 15,473: creamery extra, 42 1 e: special market, 43@43Vic. Eggs —Steady: receipts, 27.047; nearby white fancy, 32®34c: nearby Stale white. 25® 30c: fresh firsts. 23® 24c: Pacific coast first, to extra, 28®35c; western whites, 25@28c: nearby browns. 28©32e. Potatoes^—Long Island. $5.25 ft 5.75; Southern, $2.50 fa 8.50: Maine. $5.25®7; Bermuda, No. 1. $7.50®8. Sweet potatoes—Jersey, basket. [email protected]; Southern, basket, $1.25 @1.50. Bv United Press CHICAGO. May 20.—Produce: Butter— Receipts. 13.251: creamery. 30%@40c: standards, 40%e: firsts. 37@38%c: seconds. 34® 36c extras. 10 Vi c. Egg—Reeeipts, 39,357: ordinaries. 20 (a 20 it c; firsts. 82@22%c: seconds, 19@ 19%c: Extras, 25c. Cheese—Twins, 22%: America's. 23c. Poultry—Receipts. 4 ears: fowls, heavy, 22c: light. 23 Vie: springs, 40c: ducks, heavy. 25c. spring ducks, 30c: geese. 16c: lurks, 23c: roosters. 13%e. Potatoes—Receipts: arrivals, old, 47; new, 39: on track, old, 167; new. 92. in transit. 830; Wisconsin sacked round whites. $3.50 @3.00: Idaho sacked russets, asking $5, buyers offering $4.75, no ale reported: Alabama sacked Tllssi Triumphs. $4.T>'0®4.90, mostly around $5.75. Sweet potatoes—sl & 2.

In the Sugar Market

(By Thomson & MoKinnori) NEW YORK, May 20.—At thd* close of 3 hursday's market in Cubas it was reported that no first hand offerings were being made below 314. Buyers however, were not responsive at that figure. The trade will very likely go into another week without showing much interest in raws. This condition is due largely to the backwardness of the season. Any turn in weather conditions should have a beneficial effect, on prices and the longer it is delayed the more urgent the demand is apt to her- 1 thing this is a good time to buy futures.

Sales Mostly Steady to 10 Cents Lower —Vealer Tendency Weak. —Hoc Trice Range— Nay Bulk. Top. Receipts. I. 9.25 0 10.00 10.00 7.000 .14. 9.00® 9.75 9.85 3,500 Hi. 9.25® 9.90 10.00 5,500 17. 9.25® 0.90 10.00 8,000 18. 9.50 @10.15 10.25 5,000 19. 9.50 % 10.10 10.10 7,000 20. 9.50® 10,00 10.00 7,500 A duplication of Thursday's hog market was seen in trade at the Union Stockyards today. Sales were steady to 10 cents lower, the opening slow. Some bids were off around 15 cents on the hundredweight. Strength at Chicago and weakness here brought prices of both markets about even the early top of both being $lO. Most sales at the local exchange were between $9.50 @lO. The run of 7,500 -was not the largest this week, although it exceeded the previous one by 500. Hog Pj-ice Range Meat animals weighing 160-200 pounds were $9.80@19; 200-225 pounds, $9.75@10; 225-250 pounds, [email protected], and 250 pounds up, $9.40, @9.65. Pigs were quoted at s9@ 9.75 and packing sows were sß@ 8.85. The cattle market was strong to higher, 900 beeves forming the receipts. Beef steers were listed at $9.50@12; beef cows, s7@9; low cutters and cutter cows, [email protected]; bulk stock and feeder' steers, $7.25 @8.25. Show Weakness CaYves were about steady with Thursday’s close or about 50 cents below the previous opening. This set best vealers at $11.50 and other sorts downward from this. Receipts were 1,100. A lower tendency in the sheep and lamb market set in this morning. Spring lambs wei# around 50 cents lower and she material was off also. Bulk spring lambs were sl6 and $16.50 and culls and skips sold down to $lO. Most good ewes were near $7. Top fat lambs brought $16.50; bulk fat lambs. $12.50@16, and bulk cull lambs, sß@lo. —lines—.Rpeoipts. 7.500; market steady 1o lower. 00-130 lbs 80.00 W 975 130-100 lbs 9.50 W 10.00 inn'o'rS [email protected] 32£'?- r,n 11,8 9.60 @IO.OO 250 los. up 0.40® 9.05 —CattleReceipts. 900; market Strom? to higher. Beef steers $9.50 @12.10 Bulk stock and feeder steers. . 7.25 fit 8 25 Beef cows 7. 0n @ nOO Low cutters and cutter cows. 4.25® 5.75 —Calves— Receipts. 1,100; market lower. Best vealers $ll.OO @12.00 Heavy calves ■ 6.00® 9.00 —Sheep— Receipts, 400; market lower. Top fat lambs $16.50 Bulk fat iambs [email protected] Bulk cull lambs 8.00 @IO.OO Other Livestock Bv United Press 1 niuV ‘V av ' 20.—Cattle—Reeeips. 3,000 killing- classes fully steady; vealers ~oc higher, rim small: medium to good grades predominating in steers: best 1,188pound steers. $12.10: few loads. $11.25® 11. 7o; plain killers down to $9 and bellow: several loads light yearlings, steers, heifers and straight heifers [email protected]; eulls_ very scarce; best medium bulls, s7.3i>: bulk plainer grades. $6.750 7; light vPalers, $9.75fu11: shipper kinds up to *l-.00. Sheep—Receipts. 14.000; all classes opening slow: very few opening sales of fat lambs about steady; desirable native sprmgers. $16.75017.50: few culls. sl3® 13.76: good California spring lambs held around $17.25; few good natived clipped lambs, early $14.25: desirable fat clipped ewes. $6.5007.50. about steady; no feeding lambs sold. indications unchanged: double desirable California spring feeding lambs late Thursday, $13.15. Ifoga —Receipts. 18.000: market stiong to 10c higher than Thursdays average: lieavv- „ $9.35 09.85: msdiumweiffht's, $9,60 0)0.10: lightweights, [email protected] O' light lights. $9.60010.05: packing sows [email protected]; slaughter pigs, $9 @9.90. Bn United Press CINCINNATI. May 20.—Hogs Receipts. 5,500: holdovers. 735; market slow, steady: 250 to 350 lbs.. [email protected]; 200 to 250 lhs.. $0.50 @10: 160 to 200 lbs.. $9.90010: 130 to 160 lbs.. $9.75 010: 90 to 160 lbs., $8.50 0 9.75; packing sows, $7./ 0 08.25. Cattle—Receipts. 450; calves 900: market steady; beef steers. 890 11: light yearling steers nad heifers. $9 010.50; beef cows, $6.50 08; low cutter and beef cows. $435 @5.50; vealers, sß® 11.50; bulk strtt-ker amt feeder steers. $8.50 09. Sheep—Receipts, 1.500; market for shorn lambs SI lower: others steady top fat lambs. SM3; bulk fat lambs. S9O 12: bulk fat ewes. ss@B; bulk feeding lambs. ss@7. Bv Times Burr la l LOUISVILLE. May 20. Hogs—Receipts, 700: masket 10c higher: tops. $9.65. Cattle—Receipts. 100: market steady. Calves—Receipts. 300: markpt steady; good to choice, $8,50 0 10,50: medium to good. S6O 8: outs. $6 down. Sheep —Receipts. 300; market unevenly lower: fed lambs. sl2 013: springers. $10.50® 17; seconds, sl3 013.50; sheep. $6 07. Bv United Press PITTSBURGH. May 20.—Hogs—Receipts, 2.000: market, steady: 250 to 350 lbs., $9.5009.75: 200 to 250 lbs., $9.75® 10.25. 160 to 200 lbs.. $10.25 010.50; 130 to 100 lbs., $10.40010.50: 90 to 160 lbs., $10.40 010.50: packing sows, 87.50@8,25. Cattle—Receipts, 10: calves, 150; market, steady to 50c higher: beef steers. $10.50 @11.75 quotable; vealers, $12013. Sheep—Receipts. 600: market, weak; top fat lambs, $14.50; bulk fat ewee, $6 @ll. Bv I nited 'Press CLEVELAND. May 20.—Hogs—Receipts. 2,000: market, steady to 15c higher; 250 to 350 lbs., $9.250 10: 200 to 250 lbs.. $lO 010.25. 160 to 200 lbs.. $10:25 0; to 160 lbs., $10.40; packing sows. SBO 8.50. Cattle—Receipts, 100; calves. 200: market, steady: beef steers, $9.60; beef cows. S7O 8; low cutter and beef cows. $4.5005.75: vealers, $10.50012.50. Sheep —Receipts. 500; market, steady; toil fat lambs, $14.50; bulk fat lambs. sl4 0 14.50: bulk fat ewes, $10012; bulk feeding lambs, $5.50 00.50.

Bu United Press EAST BUFFALO. May 20.—Hogs—Receipts. 1.000: holdovers, 752: market steady, 15c higher; 250 to .350 tbs.. $9.50 @10.25; 200 to 250 lbs., $10.16 @10.05 • 100 to 200 lbs.. $10.50® 10.75: 1.30 to 100 lbs.. $10.50® 10,75; 90 to 160 lbs., $10.50 @10.7 5; packing sows. $8,50® 9. Cattle—Receipts, 150. calves, 700; market Steady: calves 30c higher: beef steers, $11.25: light yearling steers and heifers, $10.2;>; vealers, $12.50® 13. Sheer) —Receipts, 400; market. 25c higliar; top fat lambs, sls; bulk fat ewes, [email protected]. Bn United Press r TOLKDO. May 20.—Hogs—Receipts, 500: market, strong, heavies, s9® 9.50: medium. $9.50® 9.85: Yorkers, $10®: 10.25; good pigs, [email protected]. Calves—Receipts. light: market, steady. Sheep and lamb—Receipts, light; market, steady. Cattle—Receipts, light, market, strong.. Bu United Press EAST ST. LOUIS. May 20.—Hogs—Receipts, 12,000: market strong to 10c higher: 250 to 350 lbs.. $9.15®9.70; 29(1 to 250 lbs.. $9.35 ©9.95; 160 to 200 lbs., $9.70 @ 10.15; 1.30 to IliO lbs.. s9® 10.15; 90 to 100 lbs.. [email protected]: packing sows. $8.25® 8.00. Cattle—Receipts. 750; market nominally steady: beet steers. $9.50 ft 11 : light yearling steers and heifers. $8.50 @9.50: heel cows. $0.75 @8: low cutter and beef cows, $4.50 @ 6.50: vealers, $11.50: heavy calves. [email protected]: bulk stoeker and feeder steers. [email protected]. Sheep—Receipts. 750: market steady: top fat lambs, $14.50: bulk fat lambs. $14.50; bulk fat ewes. sll @11.50; bulk feeding lambs. $0.50 @7.50.

HUNDREDS AT CONFAB Grotto .Meeting Draws Many Indianapolis People. Several hundred members of uniformed bodies of Sahara Grotto were to leave Indianapolis this afternoon on a pilgriiAage to Richmond, Ind., where the conference of the Indiana State Grotto Association and the ceremonial of Samoor Grotto is being: held. The trip was to be made in special busSFS. Monarch Lawrence *W. Drapief, plaster of Ceremonies Karl Erath and - Chief Justice Charles G. Walsh were to accompany the group.

New York Stocks 1 -By Thomson & McKinnon) " '

—May 20— Railroads— Prev. ■Atchison ..184% 183 184 183 At Coast L 182 ... 183 182 B & O ...124 122 % 123% 123% Can Pacific .181% 179% 181% 18% C A O ...182*4 180*4 182% 182% C & N W.. 89% 87’4 89 87% CRA- P ..103% 99% 103 100% Del & Hud ... 164 Del & Lack 212 209% 212 211% Erie 53% 52% 53 53 Erie Ist pfd 59% 58 % 59 58% Gt No pfd. 90 % 89% 89% 89% Lehigh Val 122% 121% 122% 3 22% K C South 53% 50 53 50% L & N . . .141 .... 141 140% M K & T. . 44% 43 44% 46 Mo Pae pfd 106% 106 106% 100% N Y Cen ..152% 148% 152% 149% N Y NII&H 49% 48% 49 % 40% No Pae 88% 87% 88% 87% Nor & W . .180 ... 180 181 Pere Marq 126 3 25% 126 125% Pennsy ... 62% 61% 62% 61% Reading ...119% 118 119% 119 South R.V 124% ... 124% 125 South Fac . 114% 113 114% 113% St. Paul... 14% 14% 14% 14% St Paul pfd 24% ... 23% 2^4 0 L A S W 73% 71% . 73% 74 St L& 9 F.114 112% 113% 113 Union Pae .181 % 179%, 180 178% Wabash ... 71% 69% 70 71% Wabash pfd 95% 05 95% 95% Ajax 9 % •. . . 9% 9 % Rubbers— Ejsk 17% 17 17% 17% Goodrich .... 56 J£i- 06 56 Goodv pfd .116% . . 116 34 6 Kel-Sng. ...23 22% 22% 23 US Rub... 50% 50% 50% 50% Equipments— Am C& F 106% ... 106 106% Am Loco .115% 115 115% 115 Am St Fd 45% ... 45% 45% Bald Lo .. .212% 210% 212% 212% Gen Elec. .. 98% 98 98% 98% Lima 72 ... 72 73 N Y A B. . 46 ... 45% 45% TV Stl C. . . 60% 60 60 59% Pullman .186 ... 186 184% Westh A B 161% 109 160 161 Westh Elec. 77% .. . Steel*— Bethlehem. 50% 50% 50% 50% Colo Fuel . 89% ■ 88% 89 89% Crucible .. 87% 87 87% 86% Gulf St Stl. 51 . . 51 51 Inland Steel 45% ... 45 % 45% P R C & I 41% 41 41% 41%, Repub Stl.. 64 % ... 64 % 65 Sloss Sheff 125 U S Steel .171 % 170% 171 171 Alloy 27 ... 27 27 Vanadium. .. ... ... 46% Mojors— Am Bosch. 14% ... 14% 14% Chandler . . 23% ... 23% 24 Chrysler . . 44 % ... , 44 % 44 % Con Motor. 12% . . 12 13% Dodge .. . 23 % 22 % 23 2° % Gabriel ... 40% ... 40% 40% Gen Motor 195% 193% 194% 190% Hudson .. 86% 84% 85 *B6 Hupp 20% ... 20% 20% •lordan ... ... 18% Mack . . 110% ... 115% 117% Martin Par ... .. 17% Moon .... 8 % ... 8 % 8 % Nash 61% 60% 61 61 Packard .. 35% 35% 35 % 36 Peerless . . 26 . . , 26 "6 Pierce Arw 19% 17% 18% 17% Rtudebaker. 53 52% 53 53 Slew Warn 62% 60% 61% 61 Timken ... 97 93% 96% 93% Willvs Over 20% 20 % 20 % 201; White Mot. 48% 48% 48% 48% Mining— Amer Sum 162% 158% 163% 159 Anaconda . 47% 45% 4, 45% Cer Do Pas. 61 ... 61 61% Inspiration. 18 . . 18 17% Tnt Nickel. 58% 58 % 58% 58 NenneeoU. . 64% 64% 04% 64% Tex GAS 60% .. 60 60% U S Smelt. 37% 37% 37% 36% Oils— Atlan Refg 108% ... 108% 108% Cal Pete... 24% ... 24% 34 % Freept Tex 68% . 68% 68 % Houston ...137 33(1 % 136 131 IrnJpt f>il. 18 17% 18 18 Marland C. 37% 36% 37 36% Mid C Pet. 39 % ... 30% :u % Pa-Am P B 58% 58% 58% 58% Pacific Oil. ... . 1 % Phil Pete.. 42% 42% 42% 42% Union Oil. 42% ... 42% 42% Pure Oil. . 27 ... 27 27 Ryl Dutch. . ... ... .Ml 4 Shell 27 % ... 27% •*?% Sinclair ... 17% ... 17% 17% Skelly . . . 25 % ... 25 % 26 S O ol Cal 53 % ... 53 % 54 SOof N.l 36% ... 3R% 36% SOof N Y 30% ... 30% 30% Texas Cos.. 47 - ... 46% 46% Trans Pete. 0% 5 5% 4% Industrials— Aflv Rum. . 11 % ... 11% 11 % Allis Chaim 109% ... 109% 108% Armour A. 10% ... 10% 10% Allied Ch . .144% , 141*4 143% 141% Am H-L pfd . . I 52% Am H-L 8% Amn Can.. 50% 48% 49% 48% Am Safety R 50 .. . 50 50% Am Woof.. 19 18% 1.0 18b. Central L. . Ins; ~ 10% 10% Coco Cola 113% 113 113 112'.. Cent Can... 68 67% 68 67% Cert Prods. .. ... . 53% Dav hem..... ... -’8 % Dupont ...245 244 % 245 **43% Fam rl .119 ... 109% 109% Gen Asphlt. 7% . . 7% 71. Jot C' Engl- 50% 48% 49% 51% Tnt Paper.. 40% 39% 40 30% lot Ham- .177% 173% 177% 173% May D Sta... ... . 71 511 Wd. .. . 67 ... 66 % 66 % Nat Lead .198% 197% 198'.. 197'. Owen Bot. . 79 ... 79 * 79 Radio ... 47 % ... 46% 47% Real Silk.. -<O% 39 % 4040 Rem Type.. 43 ... 42% 43 Sc-ars-Roob. 51% 54% 54% 54 Untd Drug 177 ... 176% 177'4 Univ Pipe. 30% 3(1% 30% 30% nl^n'dV 40 243 * 246 Woolw'.rih 1431; 142 143% 141% l nlitiPH^ A T and T 166 166*4 166% Am Exprss 1.38 .. . . 138 138 Am Wt Wk 81 % ... 81 % 81 Brkl.vn Man 60 % 60% 60% r,0% Col G and E 93% 93% 93% 93% Cons Gas .10.3% 1(%% 103% 102'. Interboro. . .. ~ . 3.3% No Am Cos. 50 Vj 50% 50% 50% Peoples Gas .. .. 143" Phi)a Cos ; jo-! St G and E 58% 58 58 58% Shinning— Am Int Cpn 46% ... 46 46 Am Sand C ji; Atlan Gulf ... ... 34 % Int MM nf 43% ... 43% 42% Untd Fruit . . ... . . 1,31 a: Foods— Am Surar. 92% ... 92% 92 A B Sugar. .. ... , . ••()>', Austin Nieh 4% ... 1% 4% Beech NPk52 % ... 62 5> % Calif Pack r,4 % Corn Prods 00% 60% Cu Cn pfd. . . . . 43% Cu Am Sug 25 24% 25 ”5V Fleisohmann 58% 58% 58% 58% Jewel Tea. 05% ... 65% 65% Na Biscuit 13.3 ... ]33 1.3" Punta Aleg 40Vi ... 40% 40% Bostum 100 Vi Ward Bk B 22% ... 22% '*"% Tobaccos,— "" ‘ Am Suniat 53% ... 53% ana: Amer Tobi 39% 1.37% 139% 135 Am Tob B 1.38*1 1.36 1.37% 1357. Cons Cigars fio Gen Cigars. 57 7, _ 57% 53

Local Wagon Wheat

Local grain elevator* are paying $1.30 for No. 2 red wheat. Other grades are purchased on their merits.

Commission Row

PRICE TO RETAILERS FRUITS Apples—Box apples Winesans, s.'t® 3.50. Extra fancy barrel apples—Ben Davis, $3.75@4; New York Baldwins, $4.25. Fancy barrel apples—Ben Davis $3 50. Basket apples. 40-lb. basket— WmeHaps. $1.50; Ben Davis. $1.25 Bananas (jobbing price)—s%®>6c lb. Cherries California, $4.50@5 box (8% lbs.). Grapefruit—Fancy. $4.25. Lemons—California, $4.50@5 box. Limes—California. s3'per hundred. Oranges—California Valencies. crate. $3.2 ) ft 0. , Pineappl*s—Cuban. $4.25 @4.75. Strawberries—Tennessee. $5 @5.50 24 ~uarts. VEGETABLES Asparagus—H. G. fancy white. 60@90c doz.: green. 75c@$l doz. Btyrns—Louisiana stringless, $2.50: Louts ana pole, $2.25 per hamper. Beets—Louisiana, $3 per hamper. Cabbage—Mississippi, $8 crate. ~ Carrots—California, $2 bu.: Louisiana, $2 hamper. Cauliflower—Crate.. $2.50. Celery—Florida 3 and 4-doz. crate, $0.59; Mammoth (washed), [email protected] doz. CornJ—Texas. $1.50 bu. Cucumbers—Hothouse. 2 doz.. $2.25; southern, $4 hamper. Eggplant—Florida. $1.50@2 doz. Garlic—California. 12V4c lb. Kal"—H, o , poc bu. Lettuce—lceberg, crt„ $5: H. G. hothouse, $2.40 16-lb. basket. I.ate Seed Cota toes—Rural New York. 150 lbs., $8.50: Kings. 150 lbs., $6.50. Mangoes—Florida peppers. $6 crate; $1.50 peck. . Onions—Texas yellow. $3.5(1: H. G. greCn. 45c doz. Onion Sets—Yellow. $2.75 bu. Parsley—H. G.. 50e per bunch. Peas—California, $3 hamper. Potatoes—Michigan whites. 150 lbs.. $0: Russet Burbanks. 150 lbs.. $4.50: Idaho bakers. $4.50 box: Triumphs. 100 lbs . $5.60. Radishes—H. G. long red. 2d@4sc; hothouse buttons. 40 @soc. Rhubarb—H. G„ 30c doz. Spinach—Texas, 85c bn. Sweet potatoes—lndiana Jerseys, bu., $2: Nancy Halls, $1.50 hamper. Tomatoes—Six-basket crt„ $3.60 ©5.50.

THE INDIANAPOLIS TIMES

Liggett .. 111% 109 111 108% Lorillard .. 28% 28 28% 28 R.l Rynlds 1.30 129 129% 129% Tob Pro B. 97% ... 97% 97% U C Stores 86% 85% 86% 85% Schulte R S 52 Ts 62 % 62 % 62 %

Indianapolis Stocks

—May 20— * Bid. Ask. Amer Central Life Amer Creosoting Cos pfd . • 101 • f ;. Belt R R com Gent Ind R Power Cojifd •• • $5 % ii 1 cu!®! IM>pm gg* Citizens Gas Cos com 1()( , Common we al th° Ln Cos pfd!! 100 % -• • “able Securities Cos com 51 ••• Hocik Drug Cos com * Indiana Hotel coni }oo ... 0 Indiana Hotel pfd #9 Ind Service Corn pfd ™ H; ,i' Indianapolis com • • • • • r 55 Indlils 4 Northwestern pfd . . 39% Indianapolis St B;> Pid -• • ~, 100 Indpls P and L 6%s Pld •• ,ps Indpls P and L .(* pfd . " * ... Tndpls Water Cos pfd ..••••- Indpls Water Wk Stvur pfd. • S Interstate 1* lir Hon pfd. 160 - ■ • North Ind Pub Servico pfd ]{;> Laundry com .... Pub Bar Ins Cos . . r t) \\\ Raub Fertilizer pW ** po R<al Silk Hosiery pld T H I & E com - ? H Tvte.n P dLLCo- pid!!! 90% i” Union T?ac of Ind Ts vid. - "Jl Union Trac of IfITT 2d pfd.. Union Title Cos com ... - • ; Van Camp Pack Cos pfd .. • Van Camp Prod lit pfd • • 1 03 Van Camp Prod 2d pfu —Bank Stocks— _ Aetna Trust and Sav Cos Bank°rs Trust Cos *3 : (Tty Trust Cos . 4 Continental National ?| Fanners Trust Cos -4” Fidelity Trust Cos 16Fleteher American..-•••• *2“ Fletcher Sav and Trust Cos. Indiana National Bank -01 -' w Indiana Trust ( o 173 Livestock Ex Bank. Marion County {lank ~£r Merchants Nat Bank -v-J Peoples State Bank J2v Security Trust Cos ... a,-. State Savings and Trust ‘ ' Union Trust Company .... 4'" Wash Bank and Trust Cos.. .160 -- • —Roods— Belt R R gind Stockyards 4s 90 Broad Ripple 5s B'' Central Indiana Gn- 0* Cent Ind Power Cos 6s 163 ... Chic S Bend & N Ind 55.... 33 % Citizens Gas Cos 5s *”7. '* -.5 Citizens St HR 5s 86 Garv St Ry .>* SMj Home T and T of Ft W os. -I{{3 • • • Indiana Hotel 5s 9.J ... Indiana Northern 5s - Ind Ry and Lt 5s fb ... Ind Service Corn 55.„.... 9 .‘s ... Ind Union Trac r>§ . .... - 1l: Indpls Col 4 So 0s 99 101 Indpls Ua Cos 6s . . 99% H'l a Indpls * Martinsville .is >% Indpls Northern 5s ........ ~4 ? Indpls & Northwestern 5s .6% Indpls Power & Light Cos 5s 97 *' Indpls St Ry 4s Indpls Trac and Term 55... 95 96 Indpls Union Ry ns 101 Indpls Water 5%s 103% Indplsr Water Ist .-w 98 , Indpls Wattir 4 n .... .. - 05 j ... Indpls Water Wk Sec Cos os. 100 Interstate Pub S 0s .. . . . -16? % Interstate Pub SBs 6%-.. . .103% •• • N Ind Pub Sorv Cos 5s . . .’. .97 ••• T H I & E 5s 8$ T H Trae amt Light 6s 99 ... Union Trac of Tnd Os 10 lo ,i —Liberty Ronds—--Ist 3Us 100 90 101.10 Ist 4% s 10.3 12 10.3 .28 •Ti 4Ls 106.26 100.38 3,1 4% s 100.99 101.10 4th 4%s 104 00 104 12 U. 8. Tr 4 ', 114.12 - 114.20 T T S Tp 4# 109.10 * 109.30 IT* BTr3 \ * 100.42 100.r>8 U S Tr alas 99.75 100.10 4 shares Citizens Gas com 52 VEILED PROPHETS MEET Ten Indiana (irntioes Send llelcsiitw to Kiclimond. Bn Times Bpccial RICHMOND. Ind., May 20.—Several hundred Veiled Prophets- from the ten Indiana elfles having Grottoes, accompanied by colorful bands and drill teams began ariving here today to attend the meeting and banquet of the Indiana State Grotto Association and ceremonial of Snmoor Grotto, Saturday. Many candidates will be initiated. Judge Frederick P. WaUlier of Cleveland, Ohio, Grand Monarch of Supreme Council, and Kaymond I' • Murray of Indianapolis, president of the Indiana State Grotto Association and member of the Supreme Council Finance Committee, will speak at a banquet. \V. Ray Stevens, secretary of Samoor Grotto, anouneed the program would include: Reception for the Grand Monarch and officers of the State association; the banquet, a parade of uniformed bodies; the ceremonial, intert&inment and revels. 1 POSTOFFICE SWAMPED Mailers Forget Sufficient Stamps in Sending Papers. The postoffice was swamped today under a deluge of newspapers which Indianapolis residents had sent to friends but had failed to put on sufficient postage. The local office will i have to .Jiold these until requests for postage are sent to the addresses and sufficient postage is returned. Postmaster Robert Bryson has requested ail-those who desire to send papers containing news and pictures of the storm to friends out of town, to be certain that they have pasted sufficient postage on the parcels.

Spelling Bee Harmonizers

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An orchestral prelude to the Indiana State Spelling Bee contest to be held at Caleb Mills Hall tonight, will be given by Glen Stotlar and his orchestra. The orchestral concert will begin

WHEAT ADVANCES; CORN. OATS OPEN . BARELY CHANGED Same Weather Conditions in Grain Belt as Earlier in Week. Bv 1 nitrd Press CHICAGO, May 20.—With Liverpool about as due and weather conditions over the American wheat belt not much changed, opening prices were %c lower to *4c higher than yesterday’s close on the Chicago Board of Trade today. The market late yesterday was suggestive of heavy profit-taking, yet offerings were so well taken that the general belief is that while recessions are due, they are not likely to last long and will meet supporting offers from leading bulls. After yesterday’s big advance ln corn that sent prices to new high levels, many traders today look for a reaction. Opening prices were unchanged from the previous close. The principal longs in corn are still confident,* however, while most of those who already have taken profits ire oniy standing by awaiting a chance to get back on the long side. A weaker elass of buying came into the market on yesterday's bulge and this may be shaken out on a dip, but it is not large enough to cause much worrlment to those who have lines bought much cheaper. The statistical position of oats continues strong, and together with the late seeding and unfavorable weather, higher prices are not unlikely. Opening quotations were unchanged from Thursday’s close. Provisions opened unchanged. Chicago Grain Table —May 20— WHEAT— Prev. Open. Hi.-il. Low Close. close. Mav 1.42% 1.4.3% 141% 1.42% 1.42% July 1.38 1.39% 1.38 1.38% 1.38% Sept 1.35% 1316 % 135% 1.35% 1.35% CORN— May .89 .90 % .89 .80% .88% Julv .91% .93% .91% .92% .91% Sept .93% .95% .93% .94% .93% OATS— Mav .49% .49% .48% .48% .40% July .50 .50% .49% .49% .50 St pt .47% .47% .46% .46% .47% LARD— July. 12.52 12.55 12.47 12.52 12.52 Sept. 12.72 12.75 12.63 12.70 12.70 RIBS— May.. Nominal . 13.00 13.00 RYE— Mav 1.09% 1.10 1.09% 1.09% 1.09% July 1.08% 1.08% 1.08% 108% 108% Sept .99 V 100 .99% .90% .90% Bv Times Bueciul CHICAGO. May 20.—Carlota: Wheat, 34; corn. 55; oats. 64; rye. 5. Bv Times Special CHICAGO. May 20—Primary receipts: Wheat, 80.3.006. aaainst 589.000; com. 411.660. acainst 230 660: oats. 353.006.1 air.imst 502.668. Shipments: Wheat, 826,600, acainst 447.006: com. 349.000 against 309,000; oats, 910.000. acainst 604,000. Bn United Pres i TOLEDO. May 20—Close: VVlvat No 2. $1,42 1-0 1.43.%. Corn— No. .3. 94 %0 95 %e. Rye—No. 2. $1.1.3. Oats —Nil. .3. 53 %0 54 %<\ Clover—Gash imported, sl-1: October. $162)5, December domestic. sl6. Timothy—Cash new. $2,604 May. $3.00 Butter—l3 0 46c. Eggs—2o @ 22c. Hay—s2s. Hu United Press CHICAGO, May 20—Cash Grain: "'heat No. 2 red. 31 43% @1 44: No. 1 hard. $1.52: No • hard. $1.45 % 0.1.46: No. 3 hard. $1.40. Com—No. 3 yellow, 96 0 01c; No. 4 yellow. 89@90e: No. 5 yellow. 880: No ,6 yellow. H7O 87%e; No. 3 mixed. 90c: No. 4 mixed, 89e: No. 5 mixed. 880S8',o: No 6 mixed. 81 0 87%c: No. 2 while. 92%e; No. 3 white. 90% <•: No. 6 white. 87 0 87%e: sample (Trade, 73® 86c. Oats—No. 2 white. 51 % 0 5.3 %c: No. .3 white, 48% ® 52c; No. 4 w hite. 43® 49 %c: sample grade. 43® 46 %c. Barley—Bß 0 94c. Timothy $4 (Si 6.21>. Clover—s3o 0.36.

In the Cotton Market

(By Thomson & McKinnon) / NEW YORK. May 20.—Cotton took its old position as a trading proposition Thursday. It is enough to say that the performance was fully up to our expectations. I don’t believe in establishing new high prices with our own buying, but purchases on all easy spots have much to recommend them. PASSENGER AIR LINE New Transportation Method I'rged For City. Us© of the airplane for passenger service was urged in Indianapolis today by Paul Henderson, former assistant postmaster general in charge of air mail, before the Chamber of Commerce -open forum. Henderson, who formerly was a United States Army colonel, is now general manager of the National Air Transport, Inc., Chicago. ‘‘The general impression that Europe Is more active in aviation than America is due to tho fact that all lines are well established primarily for passenger service. Such need does not exist In this county with fill of its fast railroad said Henderson.

Glen Stotlar Mid Ilis Orchestra.

at 7sßf) o’clock under the direction of Stotlar. Tliis orchestra has proven to he one of the most popular orchestras on the Indianapolis Times radio programs over WFBM. Stotlar and. his orchestra have

They f ll Sell New Refrigerators

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R. W. MaoCotniskey, left, and R. K. Muffin, of the Hoosier Electric Refrigeration Corporation, have announced that that concern will handle the new General Electric refrigerator, recently completed and perfected by the General Electric Company. The new refrigerator, which the makers claim is more complete than other makes on the market, is being displayed at the Hoosier Corporation display rooms, 108 Monument Circle.

BALTZELL LOCKS II PLACES, GIVES 13 JAIL TERMS All Plead Guilty in Federal Court to Liquor Offenses. Eleven padlock Injunctions were issued and thirteen sentences were meted by Judge Robert C. Baltzell in Federal Court today. All offenses were in violation to the prohibition laws. The thirteen persons senhenced entered pleas of guilty. Injunction List The Injunctions and defendants responsible for closing the addreses listed follow; Lawrence Leppart, Ben Davis, lunch room: Roscoe Bergc, Richmond: George Ujlaki, Richmond; George Orejak, 430 W. Pearl St., residence; Edwin Warner, Shelby and Holliday Sts., poolroom; James L. Henry, garage. 438 W. Pearl St.; John Klarich, 125 S. West St.; Lawrence Winters, Richmond; Mrs. Jesse Schultz, Richmond, and William Hengstler, Richmond. Those guilty The defendants who pleaded guilty and were sentenced, follow: Archie Works, 317 India**, Ave., four months ln jail, S2OO fine; Wesley Hall, 317 Indiana Ave., one day; Harold Dailey, 916 N. Meridian St„ thirty days: Albert Haley, one day:, 317 Indiana Ave.; Rosie Claypool, 317*2 Indiana Ave.. one clay; Boris Palach, 701 Arnolda Ave., five months, S2OO fine; Pal Keller, 365 W. Washington St., sixty days; Isadore Koby. 365 W. Washington St., six months, ?1,000 fine: Sam Koby, 365 W. Washington St., six months, SI,OOO fine; James E. Swink, Lawrence County, four months; Jefferson Shepard, Bedford, sixty da\jß Italic Brock. Lawrence CountV, sixty days; Spencer Hunsacker, Jarkson County farmer, sixty days. The one-day sentences were given to those who have been in jail a'waiting sentence, the receiving credit so rthc time they already have served. Three Schools Hit; Classes Continue Three public school buildings were damaged by the tornado, but not sufficiently to cause delay or dismissal of class work, according to Acting School SuSperintendent J. F. Thornton. The roof of the Robert Dale Owens school, 733 S. West St., was partially torn off and windows were broken. The Oscar C. McCulloch School, 612 W. Washington St., and the Austin •H. Brown school, 702 S. Union St., were slightly damaged. At the Lucretla Mott school, 23 X. Rural St., Miss Cecelia Galvin, principal, served lunch to students in her school at noon Thursday. This school wasln the heart of the storm area, but was not damaged. Liquor Raid Nets Woman Mamie Ballard, 949 W. La Mont St., was being held by police today following a raid on her home in which police found twelve gallons of home brew, two quarts of “white mtjle,” five cases of empty beer bottles, and a quantity of paraphernalia.

just started a summer engagement at Camp Joy, near Shelby - ville, but made arrangements to be on hand to play for the contestants and their friends.

Man Loses Leg in Storm Aftermath

As an aftermath to Wednesday night’s storm, Harry O. Thompson, 66, 1462 Central Ave., lost his right leg. Thompson attempted to saw a limb from a tree in front of his home- When the limb snapped off it pushed him from the stepladder on which he was standing, catching his leg between two steps of the ladder. He was taken to Methodist Hospital, where a compound fracture of the leg above the angle make amputation necessary.

FORMER MAYOR SUED Real Estate Company Has Action Against Jewett. Charles W. Jewett, 3313 Washington Blvd., former mayor, was sued in Superior Court Two today for $11,500 by the Ostrom Realty Company. It is charged that Jewett Dec. 13, 1921, took out two notes payable the following July and that he failed to pay them. Jewett said the company had erected* a house for him but the workmanship was faulty and he reto pay for this reason. Bid Accepted County commissioners today accepted a bid of $4,727 for construction of a house for the assistant superintendent at Sunnyside Tubarculosls sanitarium made by the Dalby-Unger Construction Company. There were four other bidders. This is the second time bids were received, other being rejected because they totalled more than $5,000 amount appropriated for the work.

si

Huby Chirk*— Hrondr, Clilrkn Poultry feeds chick starter—growing and laying inash, san 11 ary feed fountains for feeding, butter milk, mashes, water, etc. Will not spill. Call or write for circulars.

BOYER’S HATCHERY Indlnnapolin, 34 N. Pel. St. RI. G 470 Thorntown, Ind., Tel.

SPECIAL Window Shades 36-Inch Oil PPAQUE /jr SHADE U3C W. R. BEARD & CO. 453 E. YVaNhington St.

FOR Tornado, Cyclone, Windstorm or Other Lines of Insurance Call George W. f angborn Main 0140 or 0141 1203-06 Fletcher Savings and Trust Bldg.

You Must Now Realize the Value of Complete Insurance Coverage. We Write ' T ornado —Fire —Hail In Old Established Companies See Our Insurance Department Marion County State Bank 139 E. MARKET ST.

IN COMFORT ALL THE YEAR ROUND

North and East of Indianapolis l IT IN easy to rover tho I * territory north and coat of I mlinnupolla. UNION ' Tit ACTION reaehra ibo X via people <vf 600 communities T . tVUoiaA ln *•*•" prosperous trading At JL |l6i> nrra. Anil n( nlmoat any v - v ' ' hour you wlah to travel. S fast, clenn. eomfortnble Interurbnn U rendy to takd and 1 MON TRACTION has bee* a _ Os A ma cue of the moat Important I OU'lfG ha factora In the eonimerelal i ** •| .. development of thla rich rVfhtVl VOt* S'SOiC territory. Ita network of VVIUAVa *** track llnea l the connect- — nt> Va|| lug link between thesp wnen citlea nA towns. At. A Experienced traveler^ CtlOOSe rhoove the UNION THAO TION heeauae It la tho comfortable. eonvealent, nod economical way to SPEaAL FARES ■Bosgr (dahtiki 'l’il 1 ™ "'.'-"'lo.'.nr. I SION TRACTION

PAGE 27

Breeches in Vogue LONDON, May 80.—Th latest fashion for tho smart ballroom of London Is court breeches for women. Knickerbockers introduced two of three years ago as tho correct ac companirnent of short dance skirts no longer resemble their original design. They have been tailored and ornamented with diamond buckles until they rcafmblo the ornate dress breeches of colonial days.

Cyclone Insurance sl,ooofor3 Years at $4.00 RALPH W. SMITH 711 Merchants Bank Bldg. Phones Riley 1301, IRv. 2945

MARTIN BROS. CO. 214 Indiana Ave. We specialize in ‘‘National Brand” coats and gowns— for Barbers, Druggists, Physicians and Dentfsts. They Wear Better!

LEON Tailored to Measure Men’s Suits and o’Goats SslMroom and Shop CM MASSACHUSETTS AVB.

CLOTHING ON CREDIT ASKIN& MARINE CO. V 127 W. WASHINGTON ST 1

Tiger Foot Tires Hoosier Hi-Power Batteries EASY PAYMENTS Indiana Wholesale Tire Cos. 825 N\ Cap. HI ley #677