Indianapolis Times, Volume 39, Number 11, Indianapolis, Marion County, 24 May 1927 — Page 11
MAY 24, 1927
PORK MARKET UNDERGOES CUT
SEVERAL SPECIAL - ISSUES CLIMB TO NEW HIGH LEVELS Pressure on Few Groups— Firm Tone in Reprentative Shares.
Average Stock Prices
Average of tnenty industrials Monday was 171.67. off .39. Average of twenty rails was 133.91, up .31. Average of forty bonds was 97.55. off .01. Bu United Press NEW YORK, May 24.—While a few groups were under pressure on the New York Stock Exchange several special issues soared into new high ground and a firm tone was displayed by representative shares. Baldwin ran up more than 7 points to anew high, while Pittsburgh Coal and Pullman shot ahead in excellent demand. Houston Oil moved higher, as did Case Thrashing Machine, American Smelting and International Harvester. Rails were mixed, with Erie rising sharply. Smaller Rails Active While most of the standard Investment issues did little more than mark time, traders took in hand a number of specialties and moved up. Stocks of some of the Ppmaller railroads which may or may not be brought into mergers now' planning were also active and strong, notably Rutland preferred and Chicago Great Western. Several new highs were recorded. Pittsburgh Coal made anew top for the year at 45, up over 7 points, W'hile Baldwin advapced through 219, anew record figure. Equipments generally were firm, reflecting the improving outlook for railroads buying of new cars and engines. U. S. Pipe Strong Development of the natural gas business in the Southwest with attendant necessary new' lines involving large amounts of pipe was reflected in strength displayed by United States Cast Iron Pipe which sold above 245. This company will undoubtedly share in a good portion of the business. Several lines are being developed in Texas and Oklahoma districts, including major units running from Amarillo, Texas, to Kansas City.
Banks and Exchange
INDIANAPOLIS STATEMENT —May 24 Loral bank clearings Inday were $3 801,000: debits. $6,343,000. NEW YORK STATEMENT But sited Press NEW YORK. May, 24 Clearing*. sl, 13o.000.C00: balances. $101,000,000. FOREIGN EXCHANGE ■if I Hitcil Press W NEW YORK. Mav 24.—Foreign exthangr opened steady. Demand sterling, f4.85%. up .00He: francs. 3.91 tic: lira, n 4>. up 06c: belga. 13.89 c: marks.
Froduce Markets
Butter (wholesale price) Creamery, best, grade, a. pound. 44 $ 45c. Butterfat —Local dealers pay 431@43c. Keys—Strictly fresh delivered at Indianapolis. 16@170 doz. Poulin ihuyipr prices)—Hens, large breed. 17$18e; Leghorns, 15@17c: old roosters. .8 (Sloe: snrinsrers. 3 lbs. up. 30c: l’,a to 3 lbs , 35(530c; Leghorn blacks and small. 20('(/•■22c: ducks. l-fsTßc: geese. 8 sl2c: guineas, .‘lsc: turkeys, young: toms and hens. 25c; old toms. 20c. Bu L'nited Prrss CLEVELAND. May 24.—Produce: Butter—Extra, in tub'-. 43 $45 first-, 39 H @4O H c- seconds, 37 H iB 38lie: packing stock. 28c: prints in one pounds cartons. range from 1 to 3 cents a pound above tub. Eyas—Extra, 25c: extra firsts. 24c; firsts, 21@31 J /4c; ordinary, 21 <•* Poult —Medium fowis, 2652/o; heavy fowls. 25527 c; leghorn fowls, 23@23c; heavy broilers, 36@39e; leghorn broilers. 26529 e: cocks. 15517 c; ducks, 28530 c; geese, 17$>18e: spring ducks, 31532 c. Potatoes-—Round white. 150-opnud sacks. Maine. $0: Michigan. *5.50®'5.75: Florida barrels No. 1 range, *8.75: Ohio 60-pound sacks. *1.80(52; Maine two bushel sacks, *4.65; 100-pound bag Triumphs. *4.25(5 4-50: South Carolina slat barreled coblers, *[email protected], 811 Vnited Pres ,s NEW YORK, May 24.—Produce—Flour, ouiet and firm. Port—Dull. Mess—*34. Lard—Easier. Middle west—*l2.6ss 13 75. Sugar—Raw. dull; 96 test. 4.83 c: refined, quiet : granulated. 6.10 $ 6.20 c. Coffee— Rio No. 7, 15515(4c: Santos No. 4. lots (if 17 Vt c. Tallow—Easier. Specials to '4?- Hay—Dull: No. 1. *l-30: No. 3. *1.05(5)1.15: clover, $1.05 w 1.20. tressed poultry—Steady: turkeys, 25546 c: chickens. 20$ 42c: capons, 30$ 46c; fowls 12$ 30c; ducks, 18$) 22c: Long Island ducks. 23 ® 24c. Live poultry—Dull--1,"c: ducks. 12525 c; fowls! 25(@37c: turkeys. 20522 c; roosters, 15cfipons, 35c: broilers. 20 @4Bc. Cheese—teady; State milk common to special 27 (:28c; young America, 35W Butter—teady; receipts, 16.690: creamery extra, 42 Vic; special market. 43543 ‘Ac. Eggs Quiet; receipts, 71.780: nearby white fancy. 32® 34c; nearby State white, 25$ 29c: fresh firsts, 23$23tic: Pacific Coast orst oo .extras. 28 @ 35c: Western whites 25@28tic: nearby browns, 28%32c. Potatoes—Southern. *2.50$ 9: Maine, *5 50 $~ • Sweet potatoes —Jersey basket. 50c $ *3.00: Southern basket, *1.25@ 1.60. CLIFFDIMS AUTO ATTACHED Attorney’s Claim Causes Sheriff’s Action. A speedy, snappy-looking roadster bearing the name of Cliff Durant, millionaire race driver, was brought without .ceremony from the Speedway and is housed today in Huff's' Garage on 10-. Market St., with Sheriff Hawkins holding the claim check. The car was attached by the RherifT after suit was filed in Superior Court Two in which William P. Herod, attorney, seeks fees amounting to $1,114.22 from the driver* * According to Herod, he defended Durant in two law suits brought against the racer after his cari left the track here in 1923, injuring two persons and fatally injuring a.third. ■The attorney alleges his bill against Durant for services stands unpaid. Durant was at the track, tuning up for Monday's annual 500-mile race. An intelligent workingman has a vocabulary of 5,000 words, while an educated man should know 8,000 to 10,000 words.
Calves Weak to Lower — Other Livestock Unchanged. —Hog Price RaneeMay Bulk. Top. Receipts. IV. 9.15 is 9.90 10.00 8.000 18. 9.50 @10.15 10.25 5.000 19. [email protected](> 20. 9.50 (ft 10.00 10.00 7,500 21. 9.50 @lO.lO 10.15 5.000 93. 9.35 (a) 9.90 10.00 6,500 24. 9.00® 9.65 9.75 10,000 Decidedly low’er prices prevailed on the hog market at the Indianapolis Union Stockyards today in the wake of Monday’s weakness. Early trade averaged around 25 cents lower, the extreme range being 15 cents to 35 cents off on the hundredweight. Most sales were at $9@’9.65, the top paid for any material being $9.75. This was better than Chicago, with an early top of $9.50, although the market was only 10 cents to 15 cents lower. Receipts were estimated to be 10,000, the largest run in about two weeks. Holdovers numbered 461. Hog Price Range Grouping the offerings in three classes the prices were: One hundred sixty to 200 pounds, $9.50@ 9.G5; 200-225 pounds, and 250 pounds up, [email protected]. Pigs cleared at [email protected] and packing sows at $8 @8.50. Cattle prices were steady, the run approximating 1,600. Beef steers w'ere [email protected]; beef cows, $6.75@ 5.73; low cutters and cutter cows, $4,[email protected]; bulk stock and feeder steers, [email protected]. Some Reduction Calves were weak to 50 cents lower, best vealers bringing $11.50. Other meat animals in the 1.400-head lot sold downward from the top mark. There was little early trading in the sheep and lamb pens, with talking steady. As the market became settled prices were steady. Top fat lambs sold at sl6: bulk fat lambs, $12(516; bulk cull lambs, sß@lo. —Hogs— Receipts. 10,000; market lowpr, 90-130 lbs $9.00 (d 9.50 130-160 lbs 9.25 ® 965 160-200 lbs 9.50(0 9.75 700-250 lbs 9.25® 9.55 250 lbs. up 8.75® 9.35 —tattle— Receipts, 1.600: market steadv. Beef steers $9.50® 12.75 Bulk stock and feeder steers. 7.25@ 8.25 Beef cows 6.75® 8.75 Low cutters and cutter cows. 4 25® 5.75 —Calves— Receipts, 1.400: market weak to lower. Best vealers $ll .OO fa 11.50 Heavy calves 6.00® 8.50 —Sheep— Receipts. 500: market steady. Top fat lambs $16.00 Bulk fat lambs 12 00® 16.00 Bulk cull lambs 8 00 ® 10.00 . Other Livestock Bu United Press CHICAGO. May 24.—Cattle —Receipts, 10.000; fed steers strong: spots 10® 15c higher than Mondays low tim": killing quality plain: other killing classes fully steady: largely steer run with medium to good grades predominating: stockers and feeders scarce at $8.50® 9.50: best fat steers, early $12.25: bulk. $9.75® 11.50: choice baby beef yearling heifers up to 811; most light trains to big packers. slo® 11: selected kinds to outsiders. sl2® 12.50. Sheep—Receipts, 9.000: fat iambs fairly active, steady to strong with Monday: early bulk clinped lambs. sl4® 14.50: choice dry 'eds held above sl3: double good 97-pound Colorados. sl4 few grassy kinds down to $13.50: choice Colorado spring lambs li?ld above $16.75: few cull springers. sl3® 13 50: strong weight cull clipped lambs. $10.50® 11: sheen dull and weak: good clipped fat ewes up in $6: feeding lambs slow, weak to 25c lower than Mondav's late trade or 25® 50c below Friday. Hogs—Receipts. 30.000: market generally 10® 15c lower: heavyweights. $8.75 @9.35: mediumweights $9.10(39.65: lightweights, $9.20®. 9.65; light lights. $9.10(39.65: packing sows, [email protected]; slaughter pigs. [email protected]. Bu United Press CINCINNATI. May 24.—Hogs Receipts. 3.300: holdovers. 788: market steady to 25c lower: 250 to 350 lbs. $8.75 @9.50: 200 to 250 lbs.. $9.40® 9.85; 160 to 200 lbs.. $9.75 @9.85: 130 to 160 lbs.. $9.25® 9.75: 90 to 160 lbs.. $8.25® 9.25: packing sows. $1.75 @8.25. Cattle—Receipts. 350: calves. 500: market steady: veals 50c up: beef steers. $9®10.75: ligiit yearling steers and heifers. s9® 10.50: bee scows. $6.50®8: low cutters and beef cows. $4.25®’5.50: vealers $8.50® 11.50: heavy calves. $8.50® 9. Sheep—Receipts. 1.700: market for spring lambs $1 lower: too fat lambs. sl2; bulk fat lambs. s9® 12: bulk fat ewes. ss@B; bulk feedinglambs, $5 @7. v 1 Bu Times Special LOUISVILLE. May 24.—Hogs—Receipts. 1,000: market 15c lower: top, $9.25. Cattle—Receipts, 100; market steady. Calves—Receipts. 200; market steady: good to choice. $8.50® 10.50: medium to good. s6®B: outs. $6 down. Sheep—Receipts. 1.000: market. lambs steady, sheep 50c lower: springers, $16.50: seconds, sl3; sheep. ss@6. Bu United Press PITTSBURGH. May 24—Hogs—Receipts. 1.000: market 15c lower: 250-350 lbs.. $9.25® 9.50: 200-250 lbs., $9.50® 10; 160-200 lbs. slo® 10.25: 130 166 lbs.. slo.lo® 10.25: 90-160 lbs.. $10.15® 10.25: packing sows. $7.50® 8. Cattle — Receipts. 15: calves. 700: market sternly: beef steers. $10.50® 12. quotable: vealers, sl2® 12.50. Sheep—Receipts. 300: market slow and steady: wethers. $8: top fat iambs, $14.50; bulk fat ewes, sß® 11. Bu United Press CLEVELAND. May 24.—Hogs—Receipts. 1,000: market. 10® 25c lower; 250350 lbs.. $9®)9.65: 200-250 lbs., $9.65® 0.90: 160-200 lbs.. $9.90® 10: 130-160 lbs., $10: 90-160 lbs.. $10®10.25: packing sows. $8®8.50. Cattle—Receipts. 100: calves. 400: jgnrket slow, steadv: beef Bteers. $8.75 ® letiO: beef cows. $6.75 ®8: low cutter and beef cows. $4.50®, 5.75: vealers. sll® 12.50. Sheep Receipts, 1.000: market steady; top fat lambs. sls: bulk fat lambs. sl4® 14.50: bulk fat ewes, slo® 12: bulk feeding lambs, $5 @6.50. Bn United Press TOLEDO. May 24.—Hogs—Receipts. 450: market "5c lower; heavies. $8.75® 9. medium. s9® 9.40: Yorkers. $9.50® 9.85: good pigs. $9.50® 10. Ca ves Receipts light; market steady. Sheep and lambs —Receipts, light: market steadv. Cattle —Receipts, light: market steady. Bn Unilid Press EAST BUFFALO. May 24.—Hogs—Receipts. 1.000; holdovers. 2,400: market steady: 250 to 350 lbs.. $9.25@10: 200 to 250 lbs . $9.85® 10.25: 160 to 200 lbs.. $10.15® 10.50: 130 to 160 lbs., $10.40® 10.60; 00 to 160 lbs.. $10.50 @ 10.75: packing sows. $8.25® 9. Cattle Receipts. 50: calves. 250. market steadv: vealers. $12.50® 13. Sheen—Receipts. 100: market nominally steady: top fat lambs. $15.25 nominally; bulk fat ewes. sll <3 12.
In the Cotton Market
(By Tlinnjson & McKinnon) NEW YORK May 24.—Almost every day for five months we have been watehinv the framework put together for a bull market in cotton. Now that the reality is wit Inis. T feel that some of the responsibility is off m.v shoulders. You are as good a judse. or perhaps a better one. than lof what to do with it. W'hen I sneak of taking profits.' I have in mind nothin* more than the day, or at most a forty-ei*ht-hour period.
7 In the Sugar Market
(By Thomson It McKinnon) V NEW YORK. May 24.—Transactions in sugar futures Monday were confined chiefly to small lots. The changes from an active to a dull market within a short space of ,ime has been comparative to conditions in the trade, where prices are holding up. but new business is on a small scale. Until the demand for granulated improves sufficiently to make itself felt in the prices for refined and raws the futures market is apt to be a series of small alternate rallies and declines. But the outlook Is encouraging and I believe futures should be bought whenever they sell off.
New York Stocks
'By Thomson & McKinnon)
—May 24 Railroads— * Prey. High. Low. Close. close. Atchison ..182 Vs 181', 182 183 A Coast L 185 184% 185 184'a B. & O 124 ... 12314 124 Can Pac.. 185% ... 184% 184'$ C. & 0.... 185 14 183 % 184 V, 184 C. & N. W.. 88 ... 87 % 88 C.. R. & P..106N 105% 106 105% Del & Hud 209% 208% 209% 209% Del & Lack 166 - 166% 165% 165 Erie 54 % 54 % 54 % 53 ’4 Erie Ist pfd 59% ... 59% 59Vi IGt No pfd.. 90% 89% 90% 89% I Lehigh V ... ... 123 % IK C South 65% 56 Vi 55 Vi 54% L. & N. ... 142% ... 142 V, 142 M. K. & T.. 46% 45% 46% 46 M Pac pfd 106 % ... 105% 106% IN. Y. Ccn.. 152% 151% 152% 152 NY NH&H 51% 50 % 51% ,51% No Pacific 89 88%, 89 88% Nor & W.. 181 % ... 181 180% Pere Marq 139 ... 138 138% Pennsy ... 63 62% 62% 62% Reading .. 118% . . 118% 119 So Railway 127% 126% 127 125% So Pacific. 113% ... 113% 113% St Paul . . . 15 14% 14% 14% St Paul pfd 25% 24% ••!.>% 25% S L & 8 W 75% ... 75% 74% SL& S F 113 112% 112% 112% Union Pac 179% ... 179% 179% Wabash .. 70% 80 % 70 tin % Wabash pfd 95 . . 95 95 Rubbers— Ajax 10 ... *lO 10 Fisk 17 % 17 17 17 Goodrich .. 57% 57 57% 57 Goodyr pfd 116 ... 116 116 Kelly-Spg... 22% . . 27 22% U S Rub... 51% 50% 61 62 Equipments— A Car & F 107% 105% 107% 105'. Am Loco. 115% 113% 11.5% 111 Ant Stl Fd. 44% .. 41% 44% Raid Loco. 218 210% 217'. 210% Gen Elec.. 98 % 9 7 * 98% 91 % Lima 72 . 71 72 70% N 5' Airb. 46 . . ’45% 46 Pres Stl Car .58 57 57% 57% Pullman ..190 187%' 189 187 Wsth A 8.164 160 164 159% Wsth Elec,, 77 76 70% 76% Steels— Bethle .... 50% . . 49% 51 Colo Fuel. 88% Crucible .89 ... 89 88% Gulf St Stl 52% ... .52% 52 Inland Stl. .46% ... 46% 47 Ph R C * I 42% 41% 41% 41% Rep Stl 68% ... 68% 69 Sl-Shef ... 1 *7l U S Steel 172% 172% 172% 172% Alloy 27% ... 27% 27'" Vanadium.. 47% ... 46% 46% Motors— Am Bo ... ... 14", Chandler .. 23% 23% 23% Chrysler .. 47 46% 46% 46% Con Mo. .. 12% 12 12 12% Dodge .... 23% . . 22% 23% Gabriel .. 42 41 % 41% 41% Gen Mo . . 194 % 193 % 194% 194% Hudson ... 84% 83% 84 84% Hupp .... 20% ... o% 20% Jordan .... 18 ... 16% 18% Mack 117% 116% 117 117% Mar Par ... ... 17 Moon ... . . R % Nash .... 62% 61% 62 62% Packard .. 36% 36% 38% 36% Peerless .. 27% ... 27% 27% Pierce Ar. . 17% 16% 16% f7% Studebkr. . . 52% . . 51 % .5"% Stew War. . 62 % 60% 61 6" % Timken .. 98% ... py% 08 Willvs-O .. 21% 20% 20% 21 White Mo. 50% . . 40% 50% Min'.ng— Am Sm ...160 159 1.59% 159% Anaconda.. 46 % ... 46% 47 Cer lie Pas 61% ... 61% 61% Inspir 18 Int Nic... . 65% 64% 64% 65% Kennec 04 % 64% 04% 65 Tex G & Sul 58 % 57% ,58% 51 i. US Sm 36'*.* .. . 36% 36% Oils— At Fef ... ... 1101.. Cal Pete . . 24% . . 21% "4 % Freep Tex. 67% 66% 67 67% Houston .141 136% 140 136% Indpend Oil is % Marland Oil 37% 36% 37% 371: Mid Con Pet 31 ", ... 31 ;ti „ P-A Pete B 57% . 57% 57% Phillips Pet 43% 42% 4 ’% .13 a. Union Oil. .42% .. . 4"% 4:’ Pure Oil. 26% 26% 26% 26% Royal Dtch . 49 a. Shell 27% "1% '->7 a *“♦ Sinclair ... 17 % 16% 16% 17 * skelly .... 26% ... "6% "O'. SO of Cal 63% ... 53% 53'. s o of n .137% -Vr 371? SO of NY 30% . 30% 30% Texas Cos . 47% 17% 47% 47% Trans Pete. 5 % ... jit a Industrials— Ad Rumel.v ... ... j i ■ Allis Cham 110 109% lilt ‘ Allied Ch.. 141% 140% 141 41% Arm (At.. 11% m, ] t Amer Can. .50% 50% 50% 50’, A m H L. . 04* . . o-v q,u Am HI, Dfd .54% .. . .>4 % ,-,t % Am S Khz . IS % ... 48% 48% Am Woolen 19 ... |s % is% Central L... 16% 15 16% 14'., Coco Cola.. 114 % ... l ytrT Coni Can... 68% . 63% 69 Cert Prods. . . . . 50, • Pav Chcm. 34% 30 34 nj' 1 Dupont .. 244 213% "44 "43 Fam Pipy 108 s , . 108% 109% Gen AsplUt. 19's 78% 78% 78% 111 C Engx. 47 6%. 47 47% Int Paper, 40% ... 40% 40% Int Harv ... 184 'I May D Sta.. 73% ... 73% 73* Mont Ward 66% ... 66% 66% Nat Lead ... 197% Owen Bot ... . 79 Radio . 18 46% 48 Yt Real Silk... 38 37% 37% 48 R"m Type.. 43 ... 42% 4"% Sears-Roe .. 54% . 541: % Is* United Dig 4 1711 Unly Pipe. 30% 30% ':(()% 30%’ II S ai t!"* ::: %'!’• S IP w vKiu„_"‘ '* Ant Ti T 169 167% 168 168 Any Exp.. .. ... 117% n n ,', W S" " &6% 80% Brkl>n Man . . ... * Col Gr E 96% 94 96 % 94 * Cons Gas .104% 104% 104 % 104% • nterboro.. 571 No Am Cos .50% '49% 'SO 60% Peonies G. ... 1 7., * Phila Cos . '" I .V-*,. w?. fi El 59 "• '5 % 58% West Un ,i-. 4 Shipping— Am Int Cpn 46% 46 46 46 Am S and C . . Aaltn Gulf. . . . . ” ‘ of r Int MM nf 45% 45% 4.514 42 * Untd Fruit 130 ... 130 ’ isoi' Foods— Am Sugar. 95 93 % 05 92% A B Sugar. , , ... **o L. Austin Nidi . . ... ' ' ', 4,1 Beech N Pk . . . ’ ' ' so 1 ‘ Calif Pack. 64 % . ! '54 74 ill t* Corn Prods 59 58% 58% 59% Cu Cn pfd. 43 ... 43 2 A.'i' Cn Am Sug 25 ... „7, - Fleischmann 58 5, 57% 5s Vv 2 Jewel Tea. 64% ... 4% 04 Na Biscuit 133% . Punta Aleg 41% 41 41 % 41% Postum ."io°% ... 100 % ion. Ward Bk H 22 ... •*•> %>., ,7 Tohareo*— ~ 2 Am Sums .. 53 .. y>% Amcr Tob.-137% 137' , 137 Am T (Bl 137% 136% 137% 137% Cons Citrars 80 8f) 701* Gen Cig-ars. 58% 58 58 7 - 58 1 Liggett .. . . U!2 118't 122 % 118%'
Local Wagon Wheat
. r '°,7 al jf raln , elevators are payiu* $1.33 for No. _ red wheat. Other grades are purchased on their merits.
Commission Row
TRICE TO RETAILERS FRIITS Apples—-Box apples Winesaps, s3s -IT*7* f. anp - v nerrel apples—Ben Davis. F o np y barrel apples—Ben Davis. Bet? Davis. ha?kPt “ Bananas—5 $6c lb. Cantaloupes—California standard crate $8: pony crate. $7. (SVMbsT) California, *4.50@5 box Grapefruit—Fancv, *3.75 $4 Lemons—California. *5 $5.25 box Limes—California. $3 per hundred. 'o r - a !I f T s —California Valencias, crate, JM. -T> ( <i n. Pineapples—Cuban—s3.sos 4 orate Strawberries—Tennessee, *4.5055 24 qts. VEGETABLES Asparagus—.H. G. fancy white, 60@90c doz : green. *1 $1.25. Beans—Louisiana stringless. *2.25$ 2-5 B; Louisiana pole. $2 @2.25 per hamBeets—Louisiana, *2 per hamper. Cabbage—Mississippi, $8 crate; Virginia, half-barrel, *4.25. Carrots—California, *3 bu.: Louisiana, hamper. Cauliflower—Crate, $2.25@3 50 Celery—Florida. 3 and 4-doz crate. *6: Mammoth (washed). [email protected] doz. Corn—Texas. *1.50 doz. Cucumbers—Hothouse, *1.50 doz. Eggnlant—Florida, *1.5052 doz. Garlic—California. 12 He lb. Kale—H. G., 90c bu. Lettuce—lceberg, ert.. *5: H. G. hothouse. *2.40 15-lb. basket. Mangoes—Florida peppers. *7 crate: *2 peck. Onions—Texas yellow. *3.50; white. $4 crate: H. G. green, 45c doz.; Egyptian. 100 lbs.. *6.50. Onion Sets—Yellow. *2.75 bu. Parsley—ll. G.. 50c per bunch. Peas—-California. $2.50 $3 hamper. Potatoes—Michigan whites. 150 lbs.. *6: Russet Burbanks. 150 lbs.. *4.50: Idaho bakers. *4.50 box; Triumphs, 100 lbs.. *5.50. Radishes—H. G.. long red. 25645 c; hothouse buttons. 40 <® 50c. Rhubarb—H. G., 30c k>z. Spinach —Texas, 86c bu. Sweet potatoes—lndiana Jerseys. bu„ *2: Nancy Halls. *1.50 hamper. Tomatoes—Six;basket crt., [email protected].
THE INDIANAPOLIS TIMES
Lorillard .. 28% 28% 28% 28'$ R J Rey.. . 139 % 138 139 139 Tob P(B l . 112 % ... 111% 97% U Cig Stor 97% 97% 97% 86 V, Schulte R S 53 ... 52 % 52 % 160 ROAD MILES UNDER CONTRACT BY 1928, BELIEF Only 60 Left to Let, Titus Announces —Bridge Bids Wednesday. AYith the receipt of bids for 23.42 miles of State highway pavement today, Chief Engineer William J. Titus announced that 160 miles would be under contract by the end of the year, there being but sixty more miles to let. Combined with the seventy miles left over from last year, the total under construction will he 230 miles. Those who go overland to Louisville will be interested in the announcement that by 192S the way from Chicago and Indianapolis to Louisville will be iiaved. Other pavements that will be completed, Titus said, are Evansville to Chicago: Ohio line. Ft. Wayne to Chicago. and Ohio line. Angola to Chicago, with the possible exception of twelve miles in Ivigrange County. Low bids received today were as follows: 8,874 miles. No. 41, Benton and Warren Counties, Charles W. Clark, Terre Haute , $181,844.57: 7.273 miles. No. 41. Newton County, J. C. McClinttc. Colwell & Gordy, Syracuse. $122,670.57: 7.257 miles. No. 41. Newton County, J. C. O’Conner & Sons, Ft. Wayne, $134,122.70; 8.656 miles. No. 56. Tames C. Ellis, Rockport, $79,320.68. Bids on twenty-three bridges will be received Wednesday. Ninetythree bridges are in the year's program. Tlie bids Wednesday include bridges in Allen, Boone, De Kalb, Hamilton, Hendricks. Lake, Stark, La Porte Montgomery and Steuben Counties. FLIER WANTS OLD AiR MAIL POSI (Continued From Fage 1) 'fhy. Saturday morning he plans to crawl into his plane, circle Paris a few times to let the people look at their idol, and then wing north to Brussels. Monday he will cross the channel to London. Despite the offers of steamship lines to give free passage to Lindbergh’s mother if she cares to join him in Paris, ho does not expect her to come here. “We haven't another seat in the plane,” he explained, evidently having in mind the possibility of his mother making an airplane tour of Europe with him. ' She probably couldn't arrive before I start.” Bushels of Mail Lindbergh made an effort to read his mail but it now’ fills four bushel baskets and overflows on the floor of '’Ambassador Herrick's study. So after noting there were countless Invitations, messages of congratulation and many freak notes of most every sort, Lindbergh joined the ranks of those who let a professional secretary read their mail and accepted the services of such a helper. The secretary, with a staff of assistants will answer all letters before the flier leaves Europe. Guarded by Police Lindbergh lunched at noon at the American Club at the Hotel Ambassador. Police reserves were required to keep the crowds of curious in order. He will visit today the ministry of marine and then go to Le Bouiget' Flying Field, where he will meet all of the flying officers in the region of Paris who will gather there to receive his special thanks for the way they saved him from the crowd the night he arrived. This evenlrffc he will go to the American embassy again where Ambassador Herrick will be the host at an elaborate dinner with many prominent Americans as guests. Wants to See Paris Lindbergh today wanted to see Paris and to fly over the city, preferably in his own* Ryan monoplane which carried him from New York to Paris. He hadn’t been up since he arrived The broken tailskid and the wings, from which strips of fabric were torn by souvenir hunters, have been repaired, but it was found the pressure of the crowd had bent the fuselage framework. It was doubtful whether the framework could be repaired today. It was understood Lindbergh would fly to Brussels Saturday and thence to London Monday, and might. visit one or two other capitals. If he accepted all the invitations extended on behalf of the nations, he would have to make a W'orld tour. Tentative plans called for the flier’s return to the United States on the U. S. S. Leviathan, sailing May 31, but no details of the departure had been definitely settled. Jury Deliberates on Fist Fighter*s Fate Bu United Press LOS ANGELES. May 21.—The trial of Paul Kelly, screen actor, charged with the murder of Ray Raymond, actor husband of Dorothy Mackaye, today went into the hands of a jury. Judge Charles Burnell used almost an hour in delivering his charge, instructing the jury that it might return a verdict of first or second degree murder, manslaughter or not guilty.
WHEAT SPURTS 5 CENTS HIGHER ON CHICAGO MARKET Corn Advances Between 2 and 3 Points —Oats Up but Little. Bui nited Press CHICAGO. May 24.—Although general rains in the Southwest brought in heavy selling of wheat from that quarter early all deliveries closed at new highs for the crop, with May advancing 5 cents. Strength at Liverpool, which was l" 8 c to 3%c higher than Monday's close, and unfavorable reports from the Northwest and Canada, together with frantic short covering, were theh naain bullish factors. Closing prices were 2%e to 5c higher. The weather map showed further general and quite heavy rains in Canada, making nearly a week of daily precipitation in some sections. In the Southwest there were rains in Kansas and northern Oklahoma which will be beneficial. Receipts here were 28 cars, and Northwest arrivals were moderate. Winnipeg was closed. holiday. Canadian seeding estimates are being watched closely, as the season is now so late that operations will soon cease regardless of weather. A material reduction In acreage is looked for. The cash market was % cent higher. No export business was reported. Corn did not display the sensational strength shown in wheat, but the general tone was strong and prices advanced 2%e to 2'Lc. The weather conditions over tiie belt were decidedly unfavorable. Railroad reports indicate much less than a seasonal average of planting in lowa, with but little plariting in Illinois, and much plowing to be done. Receipts were 68 cars. The cash market was unchanged. Oats were about steady and there was little pressure. Trade was very light and prices did not move far in eithei* direction, closing 'c to \c higher. Receipts were 44 cars. The cash market was unchanged. Provisions were lower. Chicago Grain Table WHEAT— Prsr Hish. Low 12 00 close Mar 149% 1 46% 1.49% 146% Jul.v ... 142% 141% 1.42% 141% Sept ... 141% 159% 141% 139% CORN— May 89% 89% Sp % Rpt, July 93*. 9*l', f•'!.. (V* Sept 94% 9 4% 94% 94% OATS— May 48% 48% ,4R\ .48', July 49 % 49% 4P % 49% Sept .47% .47% 47% .47% RYE— May 115 113% 115 112% July 112% 1 11 1.12% 1.09% LARD— May . . 17.30 12.20 12 "2 July .... 12.30 12.27 1230 12.3.5 Sept 12.52 12.47 12.50 12.52 RIBS—--May 12 90 July .... 12.85 12.85 12.95 Bn Times S err if] I CHICAGO May 24—Carlots Wheat. 71; corn. 123: oats. 105: rye. 1 P,li 7 tim * Speriii! CHICAGO. May 24.—Pnmarr receipts: IVheat. 772.000. against 947 000; corn. 386.000. asainst 338.000: oats. 451.006. against 542.000 Shipments: Wheat. 462 - 000. against 1.012.000: corn 434.000. against 288,000; oats. 477.000. against 4.7.00iQ. Bu United Press CHICAGO, Mav 24.—Cash grain: Wheat —No. 3 red, $1 47; No. 2 hard. $1.49%; No. 3 hard. $1.49. Corn—No 3 yellow. 89 %@9O %c: No. 4 yellow . 87 ®BB% c; No. j yellow. 86®87%c: No. 6 yellow. 85 @B. %c: No. 3 mixed, 89®90%c: No. 4 mixed. 88 %c: No. 6 mixed. 86®88%c: No. 3 white. 91 %<•: No. 4 white. 88%'® 90 %c: No. 5 white. 87®87%e: No. 6 white. 86®86%c: sample grade. 75® 84c. Oats—No. 2 white. 50e: No. 3 white. 48% @sl %i ; No. 4 yellow. 44® l9c: sample grade. 43 % ® 47c. Rve—No. 2. sll7. Timothy—s 4 @ 5.25. Clover—s3o @36. FLIGHT VICTORY . PLEASES GUARD Lindbergh Member of Military Group. Capt. _ Charles A. Lindbergh's success in his New York-Paris flight is a distinct triumph for National Guard aviation in the opinion of Adjutant General William H. Kersh ner. "The fact that the hero of the New York-Paris flight is a captain in the Missouri National Guard, makes all guardsmen feel proud,” the general declared. “We hope to develop fliers here in Indiana with the Lindbergh spirit. "The aviation section of the Indiana National Guard is making substantial progress and with the promise of three of the latest type planes from the War Department, we will be in splendid shapq.” Rites at Grave of Nancy Hanks Lincoln Bu United Press' ROCKPORT. Ind., May 24.—At the conclusion of the memorial services to be held in the Nancy Hanks Park. Lincoln City, Ind., next Sunday afternoon, a box of soil from the grave of Nancy Hanks Lincoln will be taken by the commander of the Rockport American Legion and sent to France for deposit in the historical archives of that nation. This soil will be taken during the firing of the first honorary salute ever given over the grave of the mother of Abraham Lincoln. The American Legion, veterans o? the Civil War and other wars, will be honored guests at this service. Col. James S. Wright. 95, veteran of the Civil War, will make an address, as will A. J. Wedeking, State highway commissioner, and F. A. Heuring, former circuit judge of Spencer and Perry counties. Music will be furnished by the Rockport band. Zoning Case Up The board of zoning appeals this afternoon was to hear the petition of property owners to discontinue use Os property at 2112 N. Delaware St. for a sanitarium. ,
JOHNSON PRAISES POLICE, FIREMEN SELECTION HERE State Bluecoat Bosses Hear, Merits of Indianapolis System. Police Chief Clude F. Johnson commended the civil service system under which police and firemen are selected and promoted in Indianapolis before the Indiana Association of Police Chiefs today in convention at city council chamber. Johnson discussed the plans for the Indianapolisi police training school being formulated by Maj. Lewis Johnson and recommended a training school for all law enforcement officers in the State.
Better Men "A higher type of man is available under civil service and our plan here has been very satisfactory,” Chief Johnson declared. Traffic accidents among Indianapolis children have been cut 65 per cent this year by educational work in public schools. Sergt. Frank Owen of accident prevention bureau, told the chiefs. Owen recommended similar educational work among motorists. Lauds Education “Accident prevention consists of about 75 per cent education nad 25 per cent law enforcement,” Owen said. Mayor Duvall welcomed the visitors. Secretary of State Frederick Schortemeier will talk on the bureau of criminal identification and George L. Winkler, deputy prohibition administrator, will speak on Wednesday. MANAGER FORCES BEING ORGANIZED (Continued From Page I) a meeting sponsored by the Boosters Club of Bethany Christian Church, Minnesota and Quill Sts., tonight. Indianapolis citizens have never been called upon to vote on a more important issue than the proposal to adopt the city manager form of government. Gates declared before the South Side Boosters Club at Garfield Park Baptist Church Monday night. "Tlie best interests of tlie city should be the only consideration when Indianapolis residents go to the polls June 21 to decide whether we abolish the old Federal system of political control and substitute the city manager form,” Gates said. Gates, former president of tlie Indianapolis Real Estate Board, is a member of the city manager executive committee urging the new .form of government for Indianapolis. “Never to my knowledge have the citizens of Indianapolis been called upon to correctly solve a problem having so much to do with their happiness, prosperity, health and protection of their lives and property as Is involved in tlie proposed change of our form of city government,’ Gates said. Gatds urged voters to express their desires at tlie polls, “intelligently, honestly and without prejudice." The speaker pointed out "there is no political way of building a street or sewer.” “No matter what party wins, it is handicapped at tlie start by the loss of confidence of the losing party. We talk of boosting Indianapolis, bringing new industries, protecting present industries, providing more and continuous v/ork for labor, all of which are desirous .and necessary if we arc to keep in advance of other cities,” Gates continued. “However, we must not lose sight of the fact that to sustain and attain these objects the best asset is good, honest, impartial and efficient government, a government in which we all have implicit confidence“Do you recall i\ny administration in recent years that has enjoyed such confidences?” Gates asked. Cites Legality of Plan Gates cited opinions of prominent attorneys that tlie Indiana statute is sufficient to permit operation of the manager form. The speaker declared the best advertisement for the city manager form is the fact that cities which once adopted it have not returned to the political system, declaring the new form superior. "It is encouraging to note,” Mr. Sates said, "that throughout this campaign no one has questioned the sincerity, honesty of purpose and earnestness of the sponsors of this movement. Never before in the history of Indianapolis has a more representative group of citizens united themselves to help our city.” Franklin Vonnegut, finance chairman, announced the finVtnce committee would be enlarged and a plea made for funds to aid the movement. Meredith Nicholson, author, made a plea for the citizens to “remove the suspense of uncertainty surrounding the political activities in the State for three years,” before the Service Club Monday, at the Lincoln. “The city manager form is the coming municipal government and as such should receive the assistance it deserves. I have studied the new type thoroughly and am convinced it is everything Us backers claim.” said Nicholson. Time to Change “Indianapolis and Indiana politics have been the talk of the world for three years. It is time to get back to Americanism and fundamentals of government. We must clean up MOTION PICTURES
2nd and Last Week KARL DANE “ROOKIES” Funniest Picture Ever Made
Highest of All Boy Scouts
Robert X. Brown of San Francisco, a high school graduate at 15, is tlie first and only Knight Eagle of tlie Boy Scouts in America. The recent award of the rank of Three Palm Scout Eagle was his 56th Boy Scout honor. He intends to enter Stanford University in tlie fall.
and counteract this ever-increasing wave of adverso publicity.” Nicholson rapped at the Chamber of Commerce for “not living up to Its announced policy of making Indianapolis first. It should lake a deeper interest in vital affairs of the city.” QUARTERLY CONFAB ON Methodist Meeting at Broadway Church. Tlie joint third quarterly meeting of the north group of the Methodist Church of Indianapolis will be held at Broadway Church, at 7:30 o'clock tonight. Among other business to be transacted the judges and tellers of the lay election to b held next September, at Riverside Church will be selected. Old Wounds Kilf HARTLEPOOL. England—When German aviators bombarded this city twelve years ago. Mrs. Sarah Stringer was one of the casualties, suffering several shrapnel wounds. They never healed properly and when she died recently the coroner’s jury returned a verdict of "death following wounds received during the bombardment." Zoning Hearing Friday City council will hold a public hearing at 1:30 p. m. Friday on ordinances rezoning the northeast corner of Fifty-Seventh St. and Central Ave. for school building; southeast corner of Forty-Sixth end Illinois Sts., for fire station, and southeast corner of Thirty-Eighth St. and Central Ave., for business. MOTION PICTURES
THOMAS MEIGHAN F.VF.I.YN It It F. NT AND ORETTA NISBKN “BUND ALLEYS” NEWLYWEDS COMEDY. FOX NEWS. SKIDEI-'S APOLLO MERRY MAKERS. KERN AYL--IVARD, EARL 4.ORDON.
'Circle the show place of Indiana
HARRY LANGDON in “LONG PANTS” , 1,, „ immi nr-n m—mrirmnnt VITAPHONE MORISSEY & MILLER (First VITAPHONE Revue) The REVELERS RUTH GLANVILLE ADDED ATTRACTION THE GORILLA HUNT DESSfI BYRD at the organ Overture—“ZAMPA” STOLAREVSKY
CeMM SPECIAL MATINEE TOMORROW MORNING AT 11 O’CLOCK LADIES ONLY!
The Great Koran Koran will answer questions nf an intimate nature at this matinee for LADIES ONLY'. AT 11 A. M. PROMPTLY
ALL THIS WEEK THE GREAT KORAN Mystic Marvel Supreme Ask Him Any Question He Will Answer You
uatpi Kornn Appears Daily at 3:35. 7.10, 9:15 P. M.
ON THE SCREEN Laura La Plante THE LOVE THRILL 101-DEN PEACOCK ORCHESTRA
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WAVELENGTHS OF TWO LOCAL RADIO STATIONS CHANGE WFBM, WKBF, WGBF and WRPI Indiana Broadcasters Affected. Times Washington Bureau. Id.!, J A rte York .4 rnnue WASHINGTON, May 24.—Indiana radio listeners will have entirely to remake their radio logs, beginning June 1. Practically every station in tlie State has been ordered to change wave length or power under the radio commissions reallocation order as of that date, announced today, as have the more powerful stations outside Indiana, but which may be heard throughout the State. WFBM, Indianapolis, changed to 1,330 kilocycles. WKBF, Indianapolis, is changed from 243.8 meters or 1.230 kilocycles to 252 meters or 1,190 kilocycles, with its power cut down from 500 to 250 meters. MGBF at Evansville Is reduced in mover from 500 to 250 meters, its wave-length remaining as before. WRPI of Terre Haute is given a wave-length of 20s meters, or 1,440 kilocycles, inrtead of 217 meters, or 1.380 kilocycles. Its power is unchanged. Among the changes in stations frafluentiy hoard in Indiana is that of KDKA, at Pittsburgh, wiiich is given a wave-length of 315 meters, or 950 kilocycles, instead of 309 meters, or 970 kilocycles, and permitted to use 30,000 watts in plare of 10,000. WLW of Cincinnati will be found oil 428 meters, instead of 422, and WSAI on 361 instead of 325. The many Chicago stations are cbnnge-i, particularly in the drastic reduction of their power. WITAS, Louisville, will he on 6so kilocycles, instead of 750. The commission says the new allocations will be tested for sixty days, when further changes may be made. GRACE MENG HONORED School 66 Teacher Gets S2OO Summer Scholarship, Miss Grace Meng, sixth grade teacher. School 66, has won the Grade Teachers Association’s fourth annual scholarship of S2OO, to be used in tlie summer for study outside of Indiana. Only teachers who have not received other scholarships from the Indianapolis schools, who have taught five years, and who have at least twelve hours of university work to their credits, are eligible. Killed by Wheel Rv Times Knceial ..HAMMOND, Ind., May 24 August Heisel of Pound, Wls., was killed at bis work bench at the Warner. Malleable. Castings Company lierp Monday when an emery wheel broke, a piece striking him on the chin and breaking liis neck. AMUSEMENTS
Wtobby* I ENGLISH’S ! WEEK OF MAY 22N1) J ‘THE HOME TOWNERS’ | [1 A Farce Comedy by fitl GEORGE M. COHAN HI Mai. Wed.. Tliurs,. Sat,, nt 2:15 *1 PRICES—2Sc. 35c 60c. "j KITES AT 8:15—25c, 50c. 00c. Government Tax on 00c .Seal’s Only. I I SAHARA GROTTO PARTY TONIGHT I
W-Antci VAUDEVILLE STARTS AT 7:00-4:20-7:00 nnrt 9:2n o'clock. The Famous 'Freckles' of the Movies WESLEY BARRY AND HIS Hollywood Harmony Hound* "DANCE “TL'LIP STUDIO” TIME” ONIi * ONG LA VAN * DORIS Lester, Hell soil Gridin Exposition Jubilee Four
Daily Orican Recital By Lester Huff Starting 12:10 O'Clock Noon Doors Open 12:30.
Next Week—Peaches Drowning
| Fyj Jkat!i *oi MATINEES i f] jj TO JE .fc&wN WED. * SAT. uOl , 1 S-S-tlj 25c, 50c, 75c STUART WALKER COMPANY ngp”j Gaul—Tobin L*Ck; I Elizabeth Patterson IN THAT HUGE, HANDSOME HIT POMEROY'S PAST AND LOOK W HA' S COMING!
JUNE 0 “The Poor Nut” Elliott Nugent, Larry Fleteher and others
MAY’ 30 “The Last of Mrs.Cheoey” (ifor*f Gaul, Ann Davln, Elizabeth Patteraon, (rnvln Gordon
pALAcf
—alluring DAINTY MARIE The World Famous Physical Culture Beauty THE PERFECT VENCS AT FIFTY
Tuesday Spuria I Mornlnr Matin** for Ladies’ Only 11:30 a. m.
A COMEDY FROLIC
GIBSON’S NAVIGATORS NINE JOLLY SAILOR MAIDS Clarence Downey & Cos. "Spoofing Spooks" LOUISE I GRACE WRIGHT I DEAGON Photoplay “The Broncho Twliter” TOM MIX The Ace of Western Stars
