Indianapolis Times, Volume 39, Number 12, Indianapolis, Marion County, 25 May 1927 — Page 13

MAY 25, 1927

10 TO 20-CENT REDUCTION ON HOGS

BROKERS’ ADVICE 'IGNORED;STOCKS RESUMEADVANCE Slight Irregularity in UJst, but General Tendency Is Upward.

Average Stock Prices

Average of twenty industrials Tuesday was 171.06. off .61. Average of twenty rails was 135.63. off .28. Average of forty bonds was 97.56. up .01. Bu United Press NEW YORK, May 25. —While brokers cautioned their clients to be wary of the stock market in its present condition with prices of many groups around their record levels, the advice went unheeded'in early dealings today, and the advance continued in representative , issues with Baldwin leading. Silk stocks, sugars and merger rails together with representative industrials moved higher. The list displayed some irregularity at the start of the session, but the trend on the whole was upwards. Baldwin was again a feature at above 219, .while Colorado Fuel sold lat above 90. ' r Announcement of the proposal of American Ice to issfle new stock and to follow this by a 4 for 1 split up of common shares did not result in any marked activity in the stock which was quiet around 136, up In the railroad list, Southern Railway stood out, selling at 127%, only % of a point below its year s high. Reports of serious illness of a prominent financier caused heavy selling -of stocks in the late forenoon. Pressure was directed on isues like Mack Truck and special issues, but when selling spread to the general list strong support developed. United States Steel resumed leadership, advancing to 172%, steadying the rest of the list. In the rail group Reading advanced to 119, up 1%. General Electric responded to the increase in dividend rate from $3 to $4 and an extra of SI. advancing to 98%. American Woolen issues continued to decline, the common touching 17% and the preferred selling under 51.

Banks and Exchange

INDIANAPOLIS STATEMENT —May 25 — Local bank clearings today were $3,297,000: debits, $6,111,000. NEW YORK STATEMENT Bn T'nited Press _ NEW YORK. May 25 —taparings. $956,000.000; balances. $119,000,000. t FOREIGN EXCHANGE f*NEW tf YORK* May 25. —Foreign exhange closed irregular. Demand sterling. *4 85He. off .00 1 -32 c: francs. 3.91 '-c. Ura. 5.44 %c, up .04%c: belga. 13.89, marks. 23.68 c, up .001*2 c.

Produce Markets

Butter (wholesale price) Creamery, best grade, a pound. 43® 44c. Butterfat —Local dealers pay 4-c. pp..c—Strictly fresh delivered at Indianapolis. I6@lßc doz. „ Poultrv i buytnj nrices)—Hens. large breed. 17 @ 18c: Leghorns, 15 @ 17c, old rooster?. 8® 10c: snrtngers. 2 lbs. up. 300 1% to 2 lbs.. 25(@30c: Leghorn blacks and small. 20®22c; ducks. 14®18e; geese. 8 ®jl2c- guineas, 35c: turkeys, young ton\s and hens. 25c: old toms. 20c. R ’cHIC AGO P May 25.—Produce: ButterReceipts, 9.303: creamery. 30 % ® 40c; standards. 40%c: firsts, 37® 38 -jc: seconds. 34036 c: extras, 40 \ c . Egg—Receipts. 23.396: ordinaries, 19@19%c. firsts. 20 ®20% r: seconds 18c: extras, 24-tic. Cheese —Twins, 22%c: Americas, 23c Poultry—Receipt*. 8 cars; fowls heavy. 22c: light. 23%c: springs. 41c: ducks, heavy, 25e; spring ducks. 30c. geese, 15c- turks. 23c: roosters, 13c: broilers, IV. to 1% lbs., 32 ®34c: Leghorn broilers 22® 30c. Potatoes —Receipts: arrivals, old. 38: new, 46: on track, old. 182: new. 143: in transit 534: Wisconsin sacked round whites, ordinary quality. $2. <s® 2.85: Idaho sacked russets. $4.60@0. according to quality: new Alabama sacked Bliss Triumphs. $4.75®5: Texas sacked Triumphs, best $4.65®4.85: heated. $4...0 0 4.50. Sweet potatoes—sl@2. Bn United Press _ . CLEVELAND. May 25.—Butter—Extra In tubs, 43% @45He: firsts. 39% ® 40He; seconds. 37%@38%0; packing stock. 28c. Eggs—Extras. 23%c: extta firsts. 22%c; firsts. 20 Vi® 21c: ordinary. 19 %o. Poultry—Medium fowls. 25@27c: few. 38c: heavy fowls. 25® 27c; Leghorn fowls. 22 ®32c; heavy broilers. 36®38e: Leghorn 28030 c; geese, 17@18o: spring ducks, broilers, 28® 30c; cocks, 15® 17c: ducks, 31 @32c. Potatoes—Round, whites, 150pound sacks Maine. §6: Michigan. 50.50 ®5.76: Florida barrels. No. 1. $8.50: Ohio 60-pound sacks, slJ>o®l.7s: Maine Bro-buahel sacks. $4.65: FTriumphs. $4.75 5.25: South Carolina slat barreled cobers, $8.25®8.50. B n I'nited Press NEW YORK. May 25.—Flour—Dull but firmer. Pork—Steady: mess, $34 Lard .—Firm: middlewest. [email protected]. Sugar —Raw. easy: 96 test, 4.83 c; refined, easy: franulated. 6®6.20c Coffee—Rio No. 7. 5® 15 Vi c: Santos No. 4, 16 Vi @l7 lie. Tallow—Steady; specials to extras, 7Vi® T'iie. Hay—Dull and easy: No. 1. $1.30; No. 3. $1.0501.15: clover. $1.0501.25. Dressed poultry—Dull: turkeys, 25®46c; ohickefis. 20 @l42c: caDons. 30®46c; fowls .12@30c: ducks. 18@22c: Long Island ducks, 23 ® 240. Live poultry lrregular. geese. 10@12e: ducks, 12®25c; fowls. 20@27c: turkeys. 20022 c: roosters. 15c: broilers, 20®27c. Cheese —Steady: | State mjlk, common to special. 27 028 c: young Americas. 25c. Butter— Firm: receipts, 32.740: creamery extras. 43He: special market. 4. , :®43 , l e. Eggs .—Steady: receipts. 38,578; nearby white fancy. 32®44c: nearby State whites. 25® 31c: fresh firsts. 23 Vi ®23H c: Pacific coast, first to extras. 28®35c: western whites. 25028: nearby biowns. 27% 0 32c. Potatoes—Southern. $2.5008.25: Maine. [email protected]. Sweet potatoes Jersey basket. [email protected]. Dividend Approved Bn United Press NEW YORK, May 25.—Pere Marquette Railway t6day approved the 20 per cent stock dividend on common stock recently recommended by directors. The payment is subject to approval of the Interstate Commerce Commission.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. May 25.—The more we looked at the map Tuesday the more it looked like further rains in western Texas. We will know more about it this morning. Any way the market will hardly start anew advance for a day or two. I call it a traders market, and subieet to •i-eather conditions, the time to get ready Bir the next advance by accumulating cotBfon oil declines. Legal Notices • W^“ LEGAL NOTICE The board of trustees of the Central Ltate Hospital will receive sealed proposals until Friday. May 27. at 10 a. m.. for furnishing supplies for the month of June. 1927. Estimate book will be on file at Room 147 Statehouse. from and after Monday. May 20. 1927. BY ORDER OF BOARD OF TRUSTEES

Unevenness Marks Vealers —Cattle, Sheep and , Lambs Steady. —Hog Price Ramie— May Bulk. Top. Receipts. 18. 9.50 (w 10.15 10.25 5.000 19. 9.50 ffli 10.10 10.10 7,000 20. 9.50 @IO.OO 10.00 7,500 21. [email protected] 10.15 5,000 73. 9.35(01 9.90 10.00 6,500 24. 9.00(0) 9.65 9.75 10,000 25. 8.90® 9. ; 55 9.55 9.500 .Continuing the weakness that has been dominant in hog prices for some time, prices at the Indianapolis stockyards broke unevenly lower today. The decline was generally 10 to 20 cents per hundredweight. Although this reduction was greater than at Chicago, where the market was 10 to 15 cents off, the local livestock exchange showed an early top of $9.55 against $9.45 at the Illinois city. Receipts here this morning were estimated at 9,500, but little smaller than Tuesday’s large run. Holdovers were 496. Hog Price Range Meat animals weighing 160-200 pounds went at $9.40(99.55; 200-250 pounds, [email protected]; 250-300 pounds, [email protected], and 300 poupds up, $5.75 @9. Pigs moved at $9.25 down and packing sows at $8 @8.50. The cattle market was unchanged, with offerings counting 1,500. Beef steers sold at [email protected]; beef cows, $6.75@9; low cutters and cutter cows, $4.25(H>5.75; hulk stock and feeder steers, [email protected]. Veal Irregular Calves were decidedly uneven, good and choice kinds ranging from sll to sl2. Receipts approximated 1,400. In the sheep and lamb pens prices were quotably steady. Spring lambs brought'sl6 down and light ewes were largely $6.50(97.50. Top fat lambs were sl6; bulk fat lambs. $12.50@1G, and bulk cull lambs, $8 @lO. • —Hoks — Receipts. 9,500: market lower 90-130 lbs $8.75® 9.25 130-160 lbs 9.00® 9.50 160-200 lbs 9.25® 9.55 200-250- lbs 9.15® 9 40 250 lbs. up 8.75 @ 9.25 —Cattle— Receipts. 1,500: market steady. Beef steers [email protected] Bulk stock and feeder steers 7.25® 8.50 Beef cows 6.75® 9.00 Low cutters and cutter cows. 4.25® 5.75 —Calves— Receipts. 1,400; market uneven \ Best vealers sll.oo® 12.00 Heavy calves 6.00® 850 —Sheep— Receipts. 300: market steady. Top fat lambs $16.00 Bulk fat lambs 12.50ffi16.00 Bulk cull lambs 8.00 @IO.OO

Other Livestock Bu Times Special . „ LOUISVILLE. May 25.—Hogs—Receipts. 900: market, steady: tops, $9.25. Cattle—Receipis, 100; market, steady. Calves —Receipts. 300: market, steady: good to choice. $8.50® 10.50: medium to good. s6@B: outs. $6 down. Sheep—Receipts. 1.200: market, steady,: springers, $16.50; seconds, sl3: sheep, ss@6. Bu United Press _ CINCINNATI, May 25. —Hogs Receipts. 4,000; holdovers. 417: market steady- to 10c lower; -’SO to 350 lbs.. $8.75®9.35: 200 to 250 lbs.. $9.25® 9.65: 160 to 200 lbs.. $9.65®:9.75; 130 to 160 lbs.. $9.25 @9.75; 90 to 100 lbs., $8 [email protected]: packing sows. $7.50(0 8. Cat- : tie—Receipts. 325; calves. 400: market steady: beef steers. [email protected]: light yearling steers and heifrs. s9® 10.50: beef cot s. $6.50 @8: low (Utters and beef cows. $4.25®5.50: vealers. $8 50®11.50: bulk stoeker and feeder steers. $8.50(0 9. Sheep ■—Receipts, 3.000: market 50c lower: top fat lambs. $11,50: bulk fat lambs. sß® 11.50; bulk fat ewes, ss@7; bulk feeding lambs, [email protected]. Bii United Press PITTSBURGH. May 25. —Hogs—Receipts. 1,500; market steady to 25c lower; 250-350 lbs., ¥9® 9.50: 200-250 lbs.. $0.50 ®9.75: 160-200 130-160 lbs.. $9.90® 10; 00-160 lbs, $9.90@10: packing sows. $7®7.75. Cattle—Receipts, none; calves. 250 market, steady; beef steers. $10.50® 12: vealers, sl2® 13.50. Sheep—Receints. 500: market steady: wethers. $8 ton fat lambs. $14.50; bulk fat ewes. s6@ll. Bn United Press CLEVELAND. May 25.—Hogs Receipts. 3.000: market 25c lower: 250 to 350 lbs., $8.75®9.40: 200 to 250 lbs.. $9.40® 9.65: 100 lo 200 lbs.. $9 65®. 9.75: 130 to 160 lbs., $0.75 @10: 00 to 160 lbs.. $10: packing sows, $7.75 @8.25. Cattle—Receipts. 280: calves. 600: market, steady, weak: beef steers. $8.50®9: beef cows. $6.75@8; low cutter and beef cows, $4.50® 5.75: vealers. $10.50 @l2. Sheep —Receipts, 500; market slow: top fat lambs. $14.75: bulk fat lambs. sl4® 14.50: fat ewes. $lO @l2: bulk feeding lambs. $4.50 @6.50. Bu United Press TOLEDO. May 25.—Hogs—Receipts, 500: market. 15c lower on lights; heavies, $8.50®9: medium. s9® 9.25: Yorkers. $9.40(09.75; good pigs. $9.50®10. Calves —Receipts, light: market steady. Sheep and lambs—Receints light: market steady. Cattle—Receipts, light; market steady. Bu United Press EAST BUFFALO. May 25 Hogs Receipts. 1.100: holdovers. 885: market 25c lower: 250 to 350 lbs.. 59®9.75: 200 to 250 lhs„ $0.60 @10: 160 to 200 lbs.. $9.!V> @10.25: 130 to 160 lbs.. $10.15 © 10.35: 90 to 160 lbs., $10.25 @10.50: packing sows. $8.25® 9. Cattle—Receipts. 150: calves. 400: market steady: calves steady; vealers. $12.50 @l3. Sheep—Receipts. 2.000: fat lambs sharply lovver. others steady: top fat lambs. $15.50: bulk lat ewes, sll @l2. Bn United Press CHICAGO, May 25.—Cattle—Receipts. 11.000: fed steers and yearling steady to strong: better grades slow, prospects lower at close, generally steady trade on other classes except vealers. latter 25® 50c lower: best matured steers. $13.75 early: killing quality improved: fairly liberal supply choice weighty steers here; steers of value to sell at sl2 downw-ard getting belter action than choice kinds, selling at sl3 upward: most fed steers. $10.25® 12.25; yearlings. $9.75(0:11: talking. $9.50 @ll on vealers. Sheep—Receipts. 15.000: market opening fairly active, generally steady with Tuesday; three doubles of choice Idaho lambs to packers sl7: fortyseven head out at sl4: four doubles good California lambs storted 10 per cent, $16.65: good to'choiee mediumweiglit dry fed clipped lambs. $14.75: early bulk clfppers. $13.75© 14.25; grassy kinds down to sl3; few dipped culls. .810® 11: desirablp fat clipped ewes, $6.50@7: no choice lightweights sold: two doubles choice around 104 pounrls California yearling wethers, $13.25. Hogs—Receipts. 22,000: market fairly active. 10@15c lower: heavyweights. [email protected]: medium weights. $9 @9.50: lightweights. [email protected]; lightliglits. [email protected]: packing sows. [email protected]; slaughter pigs. $8.50 @9.25. Bu United Press EAST ST. LOUIS. May 25—Hogs—Receipts. 15,000; market, steady to 10c lower: 250 to 350 lbs.. [email protected] 200 to 250 lbs.. SO @9.40; 160 to 200 lbs $9.25(89.45; 130 to 160 lbs.. $8.50® 9:45: 90 to 160 lbs.. $8.50 @9.25: packing sows. [email protected]. Cattle—Receipts 3.500: market, steers, steady: beef steers. S9 [email protected]: light yearling steers and heifers, 58.50® 10.50; beef cows. $6.75® 8. low cutter and beef cows. [email protected]; vealers. SI 1.60; heavy calves. $7 @8.50; bulk stock and feeder steers. $7.95(8 9 Slieop—Receipts. 2*500: market, weak- ton fat lambs. $13.50: bulk fat lambs. sl3® 13.50: bulk fat ewes. $lO @10.50: bulk feeding lambs. $5.50 @6.50. MANY DOGS NOTTAGGED ! i Believe 300 Canines in City Still Unlicensed. Payment of dog taxes in Center Township is lagging and owners of canines were requested to remedy the situation by June 10, according to an announcement by Center Township Assessor Frank D. Brattain. County officials believe there are at least 9,500 dogs in this section. Only 9,200 dogs are listed in the amount of taxes Already paid, W. M. Gruner, head of the tax department declared. Last year taxes were paid on 9,386, amounting to $11,121. The tax is $1 on males and $2 for each additional dog and females.

New York Stocks 1 - By Thomson & McKinnon)

—May 26Railroads— Prev. High. Low, 2:00. close. Atchison ..182 181 181% 181% Atl Cst L. .184% ... 184% 184% B&O ... 128% ... 123 123% Can Pac ..183 .. IS3 185 C&O ... 104% 182% 182% 184% C & NW . 87% .. 86% 87% CRI & P 107% 105% 105% 106 v, Del & Hud 210% ... 207% 208% Del & Lac 163% ... 162% 165 Erie 56% ... 65% 56% Erie Ist pfd 61% ... 61 60% Gt Nor pfd 89% ... 89% 89% Lehigh Val 122% 122 122% 123 K C Southn 54% ... 54 64% Mo Pac pf 105% 104 104% 105% NY Cent.. 151% 150% 151 151% NYNH&HSO% 49% 50 60% No Pacific 88 % . . 77 77% Nor & Wn 181% 179% 179% 180% Pera Marq 136 ... 136 136 Penney ... 63 % 62 % 62 % 03 % Reading ..118 116% 117 117% S Railway 127% 126% 126% 32% So Pacific 113% ... 113% 113% St Paul ... 14% ... 14% 14% St Paul pfd 24 % ... 24 % 24 % St LA SW 74% ... 74% 75% St LA S F 113 ... 112% 113 Union Pac 178 176% 176% 179 Mabash . . 69 ... 68 69 V, abash pfd . . ... . os Rubbers— Ajax 9% ... % 9% Fisk 17% 17 17% 17 Goodrich . 67 56% 57 56% Goodyr pfd 1.16% ... 115% 115% Kelly Spgfld 22 21 % 22 US Rubber 60% 50% 50% 51 Equipments— A C and F 107 106 106% Amer Loco 114 % 113 % 114% 114% Am Stl Fdy 45% 45 45 % 45 “ Bald Loco .220% 217 220% "l 8 Gen Elec ..101% 97 101%. “97% Lima 71% 70 71% 71% N Y Airbrk 45 % . 45 % 45 % Pr Stl Car. 58% 57% 57% 57" Pullman .193 191 103 191% Wsth A B 164% 162 163 163% lVsth Elec. 76% 75% 76% 76% Steels — Bethle ... 50% ... 50 50% Colo Fuel.. 90% 88% 80 89 Crucible 87 % ... 87 88 Gulf- St Stl .. . ... ... 50 >4 Inland Stl. 45% ... 45 46 PR C A 1.. 43% ... 41% 42 Rep 5t1.... 67 ... 67 67% Sl-Sheff ... 129 U S Steel 173% 171% 173 172% Alloy 28 37 % 08 27 Vanadium .... ... ... 47 Motor— Am Bosch ... ... ~. . I4ti Chandler ... 23 . 22% 23% Chrysler .. 46% 45% 46% 46 Con Mot... 12% ... 12 12 Dodge .... 22 % .. . 22 % 22 % Gabriel . . 41% 41 % 41 % 41 % Gen Mot.. 195*; 104 195 193% Hudson ... 84 82 % 83 % 83 % Hupp .... 20% ... 20i; 20% Jordan ... 17% ... 17% 18% Mack 117% 114% 115 117% Mar Par ... ... 17% Moon ... ... 8 % Nash .... 62% 61% 62% 61% Packard . . 37 36 % 36 % 36 % Peerless . . 26 % ... 26" °6 *; Pieree-Arr.... . . . 16 % Studebkr... 51% 51 % 51% 51% Timken . . 98% 97% 97% 97% Stew War.. 60", ... 60% 60% WiUys-Over. 20% . . 20% 20 % White Mot.. 49 47% 48 49% Mining— Am Smelt 159 158% 158% 159 Anaconda .46 ... 45% 46 Cer De Pas 60% ... 60’* 61 1; Inspir 1744 Int Nick.. 64 % 63*; 64% 63% Kenn 64% 64% 64% 64% Tex GAS 59% 58% 59% 58% U S Smelt ... ... ... 36 % At Ref. .. 110 ... no 109% Cal Pete... 24% ... 24% 24% Freep Tex. 67 65% 66% 67% Houston ..140 136% 139 138 Indpt Oil.. 18% ... 18% 18% Marland C. 37% ... 36% 37v. Mid C P. . 31 ... 30% 31% Pan-Am P B 58 ... 57% 58 Phil Pete.. 43% 43 43% 43% Union Oil. 42% ... 42% 42% Pure Oil.. 26% ... 26% 26% R'y’l Dutch . ... ... 49% Shell 27% ... 27% 27% Sinclair ..17 ... 16% 17 Skelly ... 26% ... 26'; "6% 8O of Cal 53% ... 53% 53% BOof N.r 37% .. . 36% 37 8 O of N Y 30 % 30% 30% 30% Texas Cos.. 47% ... *47% 47% Trans P 5% ... 5 % 5% Industrials— Adv Rumly .. ... ... 14 Alls Chaim ... ... 109% Allied Ch 140% ... 139% 140% Armour A. 11 % . . n % 11 % Amn Can. 49% 49% 49 Vi 49% Am H-L ... ... ioi% Am H-L pfd 57% 56 % 57% 56% Am Safe R 49 Vi ... 49 40 * Am Wool. 18% ... 18% 18% Central L. . 17% 17% 17% 16% Coon Cola 113% ... 113% 114% Con', Can.. 67% ... 67 67 Cert Pds.. .. ... 5A4 Dav Chrm. 33 % 32 % 33 :v” Dupont ...245 244 245 *14314 1 Earn PI ...109% ... 108% iio Gen Asnhlt 77 ... 76% 7714 i'nt C Engr 47 45% 45 V. 46% Int Paper. . 40 % ... 40i, 40 Tnt Harv . 18. J I*l% 18. J JB3 May D Sta . . . 73% Mont Wd.. 66 65% 05% 06 Nat Lead.. .. ... . nm Owen 80t... ... 70 Radio 48 % 47 481,; 4714 Real Silk.. 36% 33% 33% 37 Rem Type.. 41% 41% 41% 42 Sears-Roeb. 53% ... 53% 53 t; United Drg 175 ... 175 175% Univ Pipe. 37 ... 30% 30% USC IP. 242 240 242 * 240 ’ US In Al. . 74% ... 74 7414 W i°Jn.?. rth 142% 142 142% 142** Am TA T 160', ... 169 169

Indianapolis Stocks

—May 25Bid. Ask. Ampr Central Life 550 Amer Creosoting Cos pfd . . . 10] ]O4 Belt R R com 66 69 Belt R R pfd 58 •Cent Ind Power Cos pfd . 91 % . . Cities Service Cos com .... 45', Cities Service o pfd 90 % .11 Citizens Gas Cos com 53% 55 Citizens Gas Cos pfd 106 Commonwealth Ln Cos pfd..100% ... Equitable Securities Cos com 51 ... Hook Drug Cos com 29 % Indiana Hotel com 125 Indiana Hotel pfd 101 ... Ind Service Corp pfd 87 % Indianapolis Gas com 60 Indpls & Northwestern pfd. .54 ... Indianapolis St Rv pfd .... 40 45 ,'ndpls P & L 6Vis p/d 99% 100'. Indps P and L 7s pfd.... 99 103 Indpls Water o pfd 103 Indpls Water Wk Secur pfd. 98 . . ' Interstate P Ser pr lien pfd. 101 Interstate P S 6s pfd .85 Merchants Pub Util Cos pfd. 100 North Ind Hub Service pfd 93 96 Progress Laundry com .... 23 ••Pub Sav Ins Cos 10 Ranh Fertilizer pfd 49 T*h‘ I S, i k E H c°ot ry Pfd 1 99 T H I & E pfd ...21 T H Trao and Lt Cos pfd. . . 92 Union Title Cos com 82 92 Union Trac of Ind Ist pfd. .. 10 Union Trac of Ind 2d pfd.. . Union Title Cos com 82 Van Camp Pack Cos pfd ... 5 Van Camp Prod Ist pfd ..88% ... Van Camp Prod 2d pfd..'. .. 95 •Ex-dividend. ••Ex-dividend sls. —Bank Stocks— A.- tna Trust and Sav Cos. . . .116 120 Bankers Trust Cos 132 City Trust Cos 146 Continental National 116 farmers Trust Cos 240 Fidelity Trust Cos 162 Fletcher American 170 Fletcher Sav and Trust C0. L 270 Indiana National Bank ...263 268 Jnd.ana Trust Cos 230 Livestock Ex Bank !162 172 Marion Countv Bank 310 Merchants Nat Bank 325 ''' Peoples State Bank 190 Security Trust Cos 275 Btate Savings and Trust ... 80 90 Union Trust Company ....415 . . Wash Bank and Trust Cos.. .160 —Bonds— Belt R R and Stockyards 4s 90 Broad Ripple 5s 80 Central Indiana Gas 6s 98 Gent Ind Power Cos 6s ...102 41 Chi S Bend & N Ind 5s ... 33 % ... Citizens Gas Cos 5s 103 £' t ** pn a e , St R_R 5s 85 % 'B7 % Gary St Ry os 88 90 H Home T and T of Ft W 6s. . 103 ... Indiana Hotel 5s 99 Indiana Northern 5s ! <* Ind Ry and Lt 5s 95 .'!! Ind Service Corp 5s 92% Ind Union Trao 5s 2 Indpls Col A So 6s Dft ioiv* Indpls Gas Cos 5s 100% 101% T n a p l s & Martinsville 6s ... 79% 81 ' Indpls Northern 5a ... 24 °8 Indpls & Northwestern 55.. 79% 81 s and Lt Cos 55.. 97% 98% Indpls St Ry 4s 67% 68 4 s Tray and Term ss. .. *5 96 * Indpls Union Ry 5s 101 Indpls Water 5%s 103% 104 U |ndos Water Ist 5s 98 .. H Indpls Water 4%s 96 Indpls Water Wk Sec Cos 6s. 100 Interstate Pub S6s . 102% 104 Interstate Pub SBs 6%5. . .103% ... N Tr.d Pub Serv Cos 6s 97 THI& Esb 88% *89% T H Trao and Light os. ... 90 Union Trac of Ind 6s 16 19 —Liberty Bonds—--Ist 3%s 100.90 101.06 Ist 4%• 103.10 103.24 2d 4% s 100.20 100.32 3d 4%s 100 80 100.94 4th 4Vi s 103 90 104.06 US Tr 4%s 114.00 114.18 U S Tr 4s 109.20 109.32 U 8 T r 3*4, 106.26 106.38 U S Tr 3%s .. 99.90 100.10 100 shares Indpls P and L 6%s pfd. 99* $5,000 Indpls St Ry 4s 07%

THE INDIANAPOLIS TIMES

Am Expr .136 ... 136 137 Am W W. . . . ... ... 80 % Brklyn Man 62 ... 62 61 % Col Gs A El 95% 95 95% 95% Cons Gas .104 ... 102% 104 Interboro... 38 ... 38 38 % No Am Cos 99% ... 49% 50 Peoples G 141% Phiia Cos 105% S Gas A El 58% 58% 55% 58% West Un 163% Shipping— Am In Cp 46 % ... 46% 46% Am S A C 4% ... 4% 4% Atlantic G 34 % In M M pfd 45 Vs 44% 44 % 45 5 United Fr. . .. ... ... 129% Foods— Am Sugar.. 94% 93% 93% 93% A B Supgar 21 ... 21 20% Austin N. . . . ... ... 4 % Beech N. .. . . ... ... 52 % Calif Pkg. . 64 ... 64 65 Corn Pds.. 57% 57 % 57% 58% Cuba C pfd 43% ... 43 43 Cuba A Sug 25 % ... 25 % 25 Fleischm... 67% 56% 57 57% Jewel Tea.. 64% . . 64% 64% Nat Biscuit 132% 131% 132% 132% Punta Ale. . 41% 41 41% 41% Postum ...100 -... 90% 99% W Bk B 21% Tobaccos— Am Suma...*. . .. .. 62% Am Tob ..136% ... 136% 137% Am T B ..136% 136 1.36% 136% Cons Cigars 80 ... 80 80 % Gen Cigars. 58% 58% 59 Liggett ...119% 117% 117% 116 Lorillard... 28 % ... 28 % 28 % R J Rey ..137% 135% 1.35% 1.35% Tob P B . . 97 % 97 % 97 % 97 % U Cig Stor ... ... 86 Schulte R S 53 ... 52 % 63

FARRELL AT TRADE MEETING U. S. Steel President Opens National Council Fourteenth Time. Bu United Press DETROIT, . May 25.—President James A. Farrell of the United States Steel Corporation dropped hU gavel promptly at 10. a. m. today, inaugurating the fourteenth National Trade Council. More than twenty nations, forty-two States and practically every manufacturing line in the world were represented by some 2,500 delegates when the session opened. It was the fourteenth time that Farrell had opened the council’s annual meetings, and, according to officials, not once has he been one minute late or early in sounding the gavel. Ex-Ambassador Chairman Following a few words of greeting, Farrell turned the chairmanship over to Charles Beecher Warren of Detroit, former ambassador to Japan. A telegram was received Tuesday nighi from Secretary of Commerce Herbert Hoover, who was scheduled to address a luncheon Thursday, stating that he would be unable to attend. Former Governor Eugene N. Fess of Massachusetts will substitute for him. Julius H. Barnes, food administrator during the World War and a former president of the United States Chamber ts Commerce, delivered the first of forty speeches to be heard during the three-day session. He discussed trade condition* of the past ten years and looked into the tomorrow. “Deadly Menace" Barnes devoted much of his speech to attacking the "deadly men-, ace of Government competition in any field of private Industry.” Governor Fred W. Green of Michigan, a furniture manufacturer, followed Barnes, talking on the importance of foreign trade to Michigan in particular. An enlightening discussion of j foreign investments and foreign trade was given by James S. AlexI ander, chairman of the board of directors of the National Bank of Commerce of New York, before recess was taken. AUTO VICTIM FUNERAL Funeral services for John Heyden, 54, 223 W. Wisconsin St., Big Four flagman at the Harding St. crossing, who was fatally injured when struck Monday night by an automobile driven by John Hubble, 24, 922 S. West St., will be held Friday at 2 p. m. at St. Paul’s Lutheran Church. Burial will be in Concordia cemetery, south of Indianapolis. Hoyden had been a railroad watchman a little more than one year. Hubble is being held at city prison without bond on charges of involuntary manslaughter.

Local Wagon Wheat

Local rrain elevator* are payinr $1.35 for No. 2 red wheat. Other grades are Durcbaeed on their merits.

Commission Row

TRICE TO RETAILERS FRUITS • Annies—Box apples Winrsaps. s3® 4. Extra fancy barrel apples — Ben Davis. Fancy barrel apples — Ben Davie 53® 3.50. Basket apnles. 40-lb. basket— Ben Davis. $1.25 01.50. Bartanas— 5 ®6e lb Cantaloupes—California standard crate. $8: pony crate. $7. Cherries California. $4.50® 5 box (8% lbs.). Grapefruit—Fancv. $3.75®4. Lemons—California. $5.75 ®O. Limes—California $3 per hundred. ..'’v’nres—-California Valencias, crate, $3.25 @6.25. Pineapples—Cuban—s3.so® 4 crate. Strawberries—Tennessee. $4.50® 5 24 qts. VEGETABLES „ Asparagus—H. G. fancy white. 60®90c doz.: green. $1®1.25. - Beans—Louisiana stringless $2.25® 2.60: Louisiana pole. $2®2.25 per hamper. Beets—Louisiana. $2 per hamper. Cabbage—Mississippi, $8 crate: Virginia, half-barrel. $4 25. Carrots—California. $2 bu.: Louiaiana. $2.50 hamper. Cauliflower—Crate. $2.25 02.50. Celery—Florida. 3 and 4-doz crate, $6Mammoth (Washed). $1.5001.75 doz. Corn—Texai. $1.50 doz. Cucumbers—Hothouse. $1.50 doz. Eggplant—Florida, 51.50 0 2 doz. Garlic—California. 12 %c lb. Kale—H. G.. 90c bu. Lettuce—lceberg, crt.. $5: H. G. hothouse. $2.40 15-lh. basket. Mangoes—Florida peppers. $7 crate: $2 peck. Onions—Texas ye’low. $3.50: white. $4 crate: H. G.. green. 45c doz.: Egyptian. 100 lbs.. $6.50. Onion Sets—Yellow, $2.75 bu. Parsley—H. G.. 50c per bunch. Pess — California. $2.50®3 hamper. Potatoes—Michigan whites. 150 lbs . $6: Russet Burbanks. 150 lbs . $4.50- Idsho bakers. $4.50 box: Triumphs. 100 lbs , $5 50. Radishes—H. G.. long red. 25®45c: hothouse buttons. 40®50c. Rhubarb—H G.. 30c doz. Spinach —Texas. 85c bu Sweet potatoes—lndiana Jeraeya. bu.. $2: Nancy Halls. $1.60 hamper. Tomatoes —Six-basket crt., $305.50.

SENSATIONAL DAY IN WHEAT TRADE AT CHICAGO MART Prices Spurt to New Highs, Then Settle Back Before Close. Bu United Press CHICAGO, May 25.—One of the most sensational trading episodes in yyears was witnessed on the Chicago Board of Traae today with all deliveries of wheat soaring to new high levels within a few minutes after an irregular opening. News of tremendous advance of 13a* cents for May wheat at Winnipeg virtually flooded the pit here with buying orders, quotations jumping %c between trades, and inside of two minutes prices had advaned 3*4c. On the bulge there was heavy realizing which not only wiped out all gains, but forced prices **c to 2%c lower than the previous close. Foreign buyers were apparently frightened by the big advance and no export business was reported. The cash market was also nervous, hut prices were about unchanged. Receipts were fifteen cars. Despite the decidedly more favorable weather over the corn belt, prices advanced early with wheat, although in a much lesser degree. Best prices were not maintained, selling off sharply on heavy profit taking, and closed l%c to l%c off. The cash market was %c higher. Receipts were ninety cars. Oats market took on new life under the Impetus of strength In other grains and the July and September deliveries advanced to new highs on the crop, but sagged ’*c to %c lower in sympathy with the drop in other grains. The cash market was %c higher. Receipts were sixty cars. Provisions were lower. Chicago Grain Table May 25WHEAT— Prev Oik'll. Hieh. Lon. Clow close. Mav 1.52 1.55 1.49 1 49% 151", Julr 143*, 141% 14.3% 1 44 1 44% Sept 1.42% 144% 141% 1.41% 142% CORN— Mav 91% 92% 9(1% 90% .90% July 95 95% 92% .93 94 % Sept 96% 97% 94% 95% .96*, OATS— May .49% 50 43 .49 .49% July .50% .51 .50 .50 .49 % Sept 48% .49% .17% .47% 48% LARD— July . 12.40 12 42 12 30 1" 30 12 40 Sept. 12.60 12.62 12.50 12 50 12 62 RIBS— May.... Nominal 12 20 12 .80 RYE— Mav 1.17% 120 114 % 115 117% July 1 14 1 15% 1.11% 1.11 % 1 13% Sept 1 08 1 09 % 1.04 % 1 04 % 1 07 % Bk Times fiperial CHICAGO May "s.—Tarlots: Wheat. 20; corn. 88; oat". 40. rye. 3. Bu Times Special CHICAGO. May 25—Primary receipj" Wheat. 780.000. axauixt 657.000 corn. 579.000, <uain*t 487.000: oat*. 19.3 000. 585.000. avainct 562.000 corn 279.000. again*! 38.3.000; oat*. 281.000. against 455.000. Bu United Press CHICAGO. May 25—Cash pram: Wheat —No. 2 red. $1.35% No 3 red $1 49% @1.50%: No. 1 hard $154% ©1.57% Com—No .3 yellow. 91% @92e: No 4 yellow. 88% ©9lc No. 5 yellow, 89c No. 6 yellow. 8/% (0 880: No. 4 mixed, 88% (0 90c: No. 5 mixed. 88©88 %c No 6 mixed. 87% ©88c; No. 4 white. 80@90c: No. 5 white. 89c; No. 6 white, 87% © 88e: sample prade Bt@Bs%e Oats ■— No. 2 white. 51 ©52 % c : No. 3 white. 49 @sl %e No. 4 white. 456 51'.e: cample prade. 43 4 @ 46c. Barley—92 ©9.3c. Timothy—s 4 ©5.25. Clover—s2s© ,34. Bu United Press TOLEDO. March 25.—Close Wheat— No. 2. 51.45 % © 1.46 ' j Corn—No. 3. 95 @ 96c. Rye—No 2. $1 16. Oats—No. 3. 5,3% @54 %e. Clover—Cash imported. sl4: October $16.50: December domestic, *16.60. Timothy—Ca*h new. $2.60 Mav $2,60 Rutter t.3@46c. Egrs—2o® 22c. Hay—s2s.

O. Henry* 8 Daughter Leaves Brief Will Bk United Press LOS ANGELES. May 25.—After living as her father had lived, adventurously, and dying as he had died, dramatically, O. Henry’s daughter, Peggy Porter Sartin, left a will rivaling the best of her father’s short stories in human interest. Just three days before she died, Miss Porter was married to U. J. Sartin. For two years she had lived in a home Sartin built for her in Banning, Cal. Not until she knew that death was near would shb marry the man she loved. In her will, filed for probate yesterday in Los Angeles, she told with the crispness her father had used in his famous stories, of her love for the man who had befriended her. And when she had recounted her devotion to Sartin, she simply said. "I hereby leave everything to my husband.” Value of the estate was not made public. FORCED PLOWINgT HIT Slate Department Corn-Borer Method Brings Court Order. Bu Times Special FT. WAYNE, Ind., May 25. —John and Martin Caudle, farmers, stopped the State Department of Conservation in its drive on the corn-borer byobtaining a Circuit Court injunction here restraining the State from plowing under their oats fields. Corn-borer experts, accompanied by deputy sheriffs, visited the Caudle farm and began to plow under the oats, which had been planted in a field of corn stubbles in violation of the Government regulations in the fight on the corn-borer. It was the first “forced plowing” and the Caudles declared it unconstitutional. The injunction halted the plowing operations. NO SHORTRIDGE ACTION Board Defers Required Ventilation Cost Cut. Meeting in a special session to consider elimination of certain features of the new Shortridge High School heating and ventilating system, the Indianapolis school board today deferred action. The elimination of part of the system was necessitated when the board was granted only $230,000 of the more than $300,000 at first proposed for spending on the system.

MANAGER CALL . FOR VOTE AIDS (Continued From Page 1) Wheeler Brass Works Thursday noon will open the series, which will continue until election of the proposed city manager form June 21. Diamond Chain and Manufacturing Company has a meeting scheduled for Friday noon. Thousands of workers are expected to be reached through the speeches in industrial plants. An early meeting has been planned by the Central States Envelope Company, but no date has been set. More Community Meets Blythe Q. Hendricks, speakers bureau director, will arrange the meetings. The campaign committee also plans numerous other community meetings, using the ward-precinct workers for educational work. Roy Lewis, men's organizer, spoke before the Boosters Club of Bethany Church, Minnesota and Quill Sts., Tuesday night, declaring the city manager form will restore the confidence of young people in public affairs. “Lack of faith in administrative officers of government and the cynical conviction that any person identified with politics is actuated wholly by selfish motives and in all probability is bishonest, is the outstanding belief of our younger men and women of today,” Lewis said. Serious Situation “This is a serious matter. It has resulted in lack of interest on the part of the very men and women who should take the deepest interest in our political affairs. “The city manager plan of government offers a way out of this political quagmire. It affords a wonderful opportunity to restore the idealism of our citizens. Under this system seven commissioners will be elected, free from pre-elec-tion campaign promises, and upon them will devolve the duty of selecting the city manager. “The manager himself, taking office free from the curse of advance promises, will be free to carry out his work looking not to the interests of political groups which placed him in office, but to the welfare of “Indianapolis as a whole.’’ Few Precinct Changes City Clerk William A. Boyce, Jr., announced that the same precinct boundaries established for the municipal election in 1925, will serve for the special manager election. Numbers of a few precincts In Wayne Township will be changed. Polling places have not been selected. • The Eighteenth precinct of Wayne Township becomes the Sixteenth precinct of the Fifteenth ward; the Nineteenth precinct of the same township becomes the Seventeenth precinct of the Fifteenth ward: the Sixteenth precinct of Wayne Township becomes the Ninth precinct of the Fourteenth ward: the Seventeenth precinct of Wayne Township becomes the Eighth precinct of the Fourteerth ward, and the old Twentieth precinct of Wayne Township, consisting ol a small section in the city limits north of Sixteenth St., becomes the Eighteenth precinct of the Fifteenth ward.

PARIS STILL ID OVER LINDBERGH (Continued From Page 11 two, to carry him to Brussels and London. There still was enough Tloosevtl field gasoline in the tanks for the projected flights, and Lindbergh intimated that he would carry on with American fuel. Lindbergh was not satisfied with the way the holes ripped by souvenir hunters had been patched and said he would return to the field to direct the re patching. He still hopes to be able to fly to Brussels Saturday to see King Albert. Putters With Plane The airman spent two and one-half hours with his plane. The Wright whirlwind motor, he said, was ready for 150 hours more flying. Delegations, invitations and congratulations still were arriving for Lindbergh today. The delegations came from London and the scores of invitations to the young ,man Indicated that the reception he received here will be duplicated on the other side of the channel. Americans, who have made way for Lindbergh’s French hosts on most occasions since he arrived, have promised in the name of their fellow countrymen in New York the biggest w-elcome ever in Lindbergh's honor. Louis Bleriot. designer and pilot of the first seaplane to fly across the English Channel, was Lindbergh’s host at luncheon today. The luncheon was a private affair at Blcriot's home. Lindbergh said he was glad of the opportunity to talk to the man who as the first to cross the channel “placed France in the lead of world aviation at that time.” Attends Dinner Lindbergh appeared last night in the new role of a social lion, and of course, he did it perfectly. In formal dress, Lindbergh was guest of honor at a dinner at the American embassy. A score of French youths and girls of his own age were among the thirty guests, especially invited by Mrs. Permeley Herrick, wife of the ambassador, who feared the 25-year-old flier might he getting tired of the company of aged ambassadors and dignified cabinet members. Lindbergh made a striking success with the younger set. He was the center of attraction after the dinner. The evening clothes were part of the wardrobe assembled for him in short order by leading Paris tailors, and his new outfit contrasted strikinglv both with the overalls in which he arrived in Paris and with the illfitting boraowed suit in which h* received the highest honors France had to bestow upon him. Any flight conceivable la feasible

Shade of Rudolph Steals Forth

L RBA - ir // -,

Nathan Lipetz, an actor in Grodno, Poland, is the sheik of Poland though lie may not know it. His brother, Sam Lee of Ponca City, Ok!a., is the discoverer of the “sheik” and has arranged for him to have a movie tryout in Hollywood.

now. Lipdbergh told reporters before the dinner. All World Accessible “If a man can fly a plane over the ocean all one night without particularly feeling the effects, there is no reason why he could not fly two nights without being completely exhausted," Lindbergh said. “There is no place in the world which could not he reached by air if the flight was properly prepared." The young airman last night did two more graceful acts of the sort which have endeared him to all Paris. While refusing to accept the most tempting offers to commercialize his fame, he donated SSOO to the American hospital here. He sent a telegram to the mother of the missing aviator Francois Coli, Charles Nungess*>r's companion on the unsuccessful French flight dcross the Atlantic. Lindbergh visited French aviators at Le Bourget. Many of them were aces, who downed twenty to forty German planes during the war, which started when Lindbergh was 11’ years old. He laughed heartily when he was told it was planned to put a plaque above the bed on which he was massaged after his arrival, Saturday night. Among those who congratulated Lindbergh yesterday was the Peruvian aviation chief, Leguia.

CITY’S CAR MEN GET PAY RAISE | (Continued From Tage 1) 1 ranks of the strikers and importation I of carmen to take their places prevented the strike from being effective. Several cars were bombed during the early days of the walkout. Organizers Airestcd i Following arrest of James Parker I and Robert Armstrong, international I organizers, for violating the injunc- ; tlon of Federal Judge Robert C. j Baltzell prohibiting anyonq from inciting a strike or any acts of vio- ' lenee, the international union withj drew support of the strike. I The local union refused to officialI ly end the strike. | As the effectiveness of the walk- ; out dwindled many of the strikers | found other jobs and some were | taken back by the street car comI pany. On being reinstated they I were denied restoration of their senI iority rights and wore given employment as new men. The men still on strike have continued meetings in Plumbers’ Hall, Washington and Delaware Sts. Superintendent Tretton declared today that employes ne?d not sign anew contract to get the 3-cent Increase and that employes and company would continue to function under the arbitration contract of 1914, which gave Green a right to appeal to the Public Service Comniission as a court of last resort. BUSINESS WANTSYOU Prepare definitely and yon can go to work at once. For particulars aee. write or telephone Fred W. Case. Friocipnl. Pennsylvania and Vermont, Flrt Door ' North T. W. C. A., Indianapolis

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CLOTHING ON CREDIT ASKIN & MARINE CO. ’ Iz7 W. ST

PAGE 13

WHERE lACKSON SECUREDWHISKY (Continued Front Page 1) Horn, “but why don’t you break the law as I did last year when my four sons were dying? I've got a little whisky left over from niy own lawbreaking then. I’ll get it to you.” He did. He helped the Governor get a little more. The First Lady will live. Attorney General Gilliom, In collaboration with his wife,, who signed the pledge as a child and has kept it all her life, wrote all those things to the Goveror in an open letter. He urged the Governor to ask the next Legislature to amend the State dry law, which is famed as the most stringent in the Union. The Goveror has exhibited no joy upon receipt of this letter. He will neither deny nor affirm that he wa; a lawbreaker. Mrs. Gilliom, the woman behind the letter, glories in her "lawless ness." She told me about It in the charming home of the attorney general, her four boys building blocks, playing with engines, getting out school work, and begging for a story, in the room with us. A Mother's First Duty “Any woman's first law is to make her children live, regardless of meth od. she said. "I will break the same foolish, criminal law again, If l must.” She told me. fighting her sobs, of the gripping drama of that time of horror less than a year ago when Death knocked at the door of this Pretty home and demanded toll of not one son, but all four. A typhoid-carrying housekeeper started it. Three of the four sons were stricken. The day came when the temperature of Luther, 10, was 107, only to cascade down to 95 within a few hours. “Whisky is the only thing that can save hia life,” said Dr. Louis Segar, child specialist, who admits now that he said it and more—“l cannot help you. I cannot get it or give it to you, even if I knew how. But for God's sake, get it!" Found Liquor at Last The liquor was obtained. Luther lived. Arthur, S, lived unconscious for seven weeks, fed through a tube, his body warmed with electric artificial heat. “Whisky,” again said the doctor. “I would have searched the whole world, broken every law there was to get it.” said Mrs. Gilliom, her hands twitching in tune with her throat. “I cursed the stupidity cf a State which could threaten to kill my son* like this. I am fighting now for other mothers. ’’ Mrs. Gillioni laughs at the arguments of the white-rlhboners who asked her f she didn’t fear that, her sick lads would “acquire a taste." "Give liquor to a child as medicine. and it's the sure, way to make him think of it as nothing else!'' she savs. Wants Schools to Help “I want niy hoys to Vie taught the horrors of drink. I believe in more time given this in the schools. I want them to sigtf the pledge. I never want them ‘to take even a cocktail. But when the doctor says ‘stimulant,’ I demand my right to have medicinal liquor In the house. “That’s why. when the Governor called for help, we ransacked the town to get aid for his wife, law or no law. He knows he saved her life only by helping to break a stupid law. Now It’s up to him to amend that law to keep other heart-broken parents and husbands from being lawbreakers.” The four hoys, now strong and gay again, sat in on this talk. "Nasty stuff, anyway," said Elbert. “Gee whiz yes!" said Luther. “Made me sick!" said Arthur. “Me, too!’’ said Dickie "Woof!" said Duke, the dog.

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Week-End Rates for Memorial Day All week-end excursion tickets bought Saturday afternoon, May 28, or Sunday, May 29, will be effective until the last car Monday night, May 30.