Indianapolis Times, Volume 39, Number 15, Indianapolis, Marion County, 28 May 1927 — Page 9

MAY‘2B, 1927

HOGS ESTABLISH STRONG TENDENCY

RECOVERY FROM 1 LOSSES IDE BY INDUSTRIAL LIST Carrier Stocks Hold Ground —Optimistic Tone on Wall Street.

Average Stock Prices

Average of twenty industrials Thursday was 171.31, off 20. Average of twenty railst was 130.88. up 1.28. Average of forty .bonds was 07.42, unchanged. lln United Press NEW YORK. May 27. —Industrials soared In today’s stock market, making up losses sustained in Thursday’s trading. Rails also held strong after early leadership of the market. General Refractories soared 10 points to anew high. Baldwin also achieved a record, as did General Electric, Wabash, Pennsylvania Coal and Coke, Steel and _ General Motors were higher. Sentiment in the. Street was almost entirely optimistic, and this was reflected in sustained demand for stocks throughout the session. Steel and motors were ciuiet and ill eld their ground, while almost the West of the list moved forward. There was good buying of high grade railroad stocks like Atchison and New York Central, the latter rising to anew high. The market ignored the decline in the ratio of the New York Federal Reserve Bank from 8.1.3 per cent to 84.7 per cent. There were some comments heard on the earmarking of 840,000,000 gold purchased by France This means a loss of funds by banks. In this case, however, it would appear that payments for the gold wTts in the shape of Government securities which over the week-end showed an increase of more than the amount of gold ear-marked. Action of Baldwin Locomotive indicated that there had been some short selling of the stock on the declaration of only the regular dividend. The stock ran up to ,a new high at 233, on what looked like short covering. A number of specialties enjoyed substantial rises.

Banks and Exchange

INDIANAPOLIS .STATEMENT Local ban); , le.'iri'igw today wore $3,412,(101): ikbitw -10.201.000. (Ul('A(i STATEMENT I!II United Pirns CHICAGO. May 2 7.—Clearing*. $104,700.000: balances. $0,100,000. new york Statement P,]' -Press NEW YORK. May 27.—Clearings. SOOI ,- 000,000; balances, $118,000,000. \ FOREIGN EXCHANGE mhi I'nitril Press T (> i 1 1.. May change • : l steady. Ijemnmi steel ins. 84.85 7-1(1: francs. 3.01 %,■; lire .3.4A ae. oil .02 1 1 : Dc- .a. 13.80 c: mark-. 23.08,. New York Liberty Bonds —May 27 Close. I’. close. BOg 100.31 M 00.31 Ist 4% a I 03.3 103.3 2d 4 % 100.13 100.12 3d 4% s 101. 100.29 4th 4'.is 104.4 104.1 Tr 4 Vi s 1052 114.3 114.3 Tr 4s 1054 100.3 100.4 Tr 3Ms 100.0 100.8

in the Sugar Market

(Bv Thomson A- McKinnon)’ NEW YORK, May 27. It- liners showed Iras interest totlhy in raws while reports were current that their purchases recently have been larger than generally believed and p, rliaps sufficient to satisfy a good proportion of immediate needs. This condition together with the offerings of small, lots of Philippines which did not find ready buyers at 3 1-10 cents accounted for the tailing off in interest in futures. Europe was credited with active selling, for which there was no satisfactory explanation. The trade will go over the holidays looking forward lo move favorable weather mid better demand. The futures market is in a sound position subject to only minor recessions. Wo advise purchases around current levels. RAW SUGAK~ PRICKS High. Low. Close. January 3.09 3.00 3.07 March *.90 2.87 2.89 Mav 2.98 2.9,5 3.90 .Inly 3.04 3.02 3.03 September 3.15 3.12 3.13 December 3.23 3.20 3.22

In the Cotton Market

A (Ry Tliom-oii & McKinnon) I NEW YORK May 27.—-Continued luiqui P/l.ition of loiu cotton, together with , ;mer ’ cables, sot cotton hack close to Thursday's low price. Hut the tone of the Mi-rkct was bettor and the demand for •Inly contracts was .'until in evidence, which we consider a healthy sisai and one. by the way. which we cited early during the last advance as one of our reasons Ic,- entertaining a very favorable opinion ,1 the market. Tile market has the public confidence and we think support can be confidently expected throughout the summer season when ever for one reason or another we encounter liquidutirn. In a weather way, we notice that the areas of low pressure continue to travel from wist to east further to the southland than in normal years, and as long as thy do cx- . -sive moisture is apt to be the ruie. We advise purchases on all reactions. ' NEW OKI.MANS High. Low, Close. January 17.05 Hi.7B 17.01! March 17.1S 16.91 17.17 •lulv 16.47 10.15 10.47 October 10.70 10.47 10.70 iiecembcr 17.00 10.03 17.00 NEW YORK High. Low. Close. January 17.15 10.81 17.15 March 17.35 10.08 17.35 ■lulv 10.50 10.13 10.5(1 October 10.85 10.50 10.85 December 17.11 10.74 17.11 chTcaTTo High. Low. Close. January 17.~:J 10.84 17.2': March 17.33 July 10.58 10.31 10.58 October 10.03 10.55 10.03 December 17.17 10.70 17.17 NEW YORK COFFEE KAJtfJE —May 37lligh. Low. Close. January 11.05 11.05 11.05 March 11.00 11.50 11.00 May 11.45 11.38 11.45 July 13.70 13.75 13.79 September 12.07 12.03 12.07 December 11.75 11.70 11.75

SLAYER GETS LIFE TERM

Bu United Press SOUTH BEND, Ind., May 27. |i.ife imprisonment was the penalty riieted out here today to Henry Robinson. 40-year-old Negro evangelist, for double murder. Robinson pleaded grullty to killing Jesse Ross and hio wife, both Negroes, last February. Sentence was passed in Circuit .Court here today. Previously, a sanity commission •( ' ; . ■ ;• ” ' '

Calves, Weak to Lower, Only Other Livestock to Change.

—Hog Trice Ranee — May Bulk. Top. Receipts. 20. 0.50 (l(i 10.00 10.00 7,500 21. 0.50 (JnlO.lo 10.15 5,000 23. 0.35 fit: 0.00 10.00 (1,500 24. 0.00 hi' 0.(15 0.75 10.000 25. B.oo® 0.55 0.55 .0,500 20. 8.75 fie 0.50 0.55 7.500 27. 8.75® 0.55 0.00 7,500 After checking the decline in the hog market by remaining unchanged Thursday the trend was steady to strong today. The fresh run of 7,500 was the same number as the previous one, from which 1,352 were held over. This is the second consecutive day holdovers have exceeded 1,200. The tendency of porkers at the Indianapolis Union Stockyards was in accord with Chicago’s market, which was strong. Most sales at the local livestock exchange were at $8.75(140.55, some lights bringing a top mark of $9.00. Hog Price Range Quotations based on the four weight classes were: 1(50-225 pounds, ?!.30@!).55: 225-250 pounds. .<9.207/ 0.40; 250-300 pounds, [email protected], and 300 pounds up, [email protected]. , Piss sold at $9.50 down and sows at. $8 @8.50. The cattle market was steady, receipts approximating 1.000. Beef steers were [email protected]; beef cows, ?(5.75@9; low cutters and cutter cows, $4 25415.75; bulk stock and feeder steers, $7.25718.50. Turns Weak Calves were steady to 50 cents lower, practically offsetting Thursday’s advance. Good and choice kinds sold from $11.50 up to th° top of sl2. The sheep and lamb market was slow in developing, opening with; the appearance of being fully steady, later settling that way. Top fat lambs sold at sl6: bulk fat lambs, $12.5041)6, and bulk cull lambs, $8 41 ID. Estimated receipts were 400. —Hogs— Receipts. 7.000: market stead'- to strnmr. 90 130 lha $8.75® !).35 130-1 HO lbs 0 004.1 0.50 100-200 lbs 0.254/ 0.53 200-350 lbs 9.15 4, 9.45 250 lbs. up 8.75® 9.25 —Cat lie— R"eoipts. 1,000: market steady. Rfifif ; $9 00 4, 1 1 .75 Bull; stock and feeder steers. 7.25 4, 8.50 Beef cows 6. ,5 hi 9.00 I, cutters and cutter cows. 4215® 5.75 Receipts. 140(1; market weal; to lower. Best venters $11,50 4/ 12.00 Heavy calve* 6.00® 0.00 —-Sheep Rec'ipts. 400; market steady. Top fat lambs SIO.OO Bulk fat iambs 13.50® 10.00 Lull; cull lambs ,8.00 @IO.OO Other Livestock tin 1 n'Pcl Press CHICAGO. Mav 27.—futile—Recelnfs, 3,000: forced market on must killing da es, weak to unevenly low r; m rtiuui grade steers and civ ,to< !: rre'.lomiii/itiag': bulls ami vealers about teady: few stickers and feeders hern: most fed sto'Ts of value to sell at $10.35 downward; best mcMunwveiglitr. $12.3.5; numerous load-, I 'ken off market in face of un.-aiisfaotoiy bids; heavy medium bulls up to $7.40: mo.-.t vea'er.-, $9,504,11; selected kind, up to sl3. Sheep—Receipts. Ig.coo: market fairly active, vein r ll.v steady with Thur day on desirable kind: : in hetw-n lambs and sheep, nragsry: hull; good ( qlilornia , irincr iambs. >15.75',, 1(1: four doubles at outside wi:h a doulcc dec 1 ; ft: I .’ : ■-00,1 medium weight dry fed California lambs, $13.50: few common to good native spring lambs. $134,15.75: heavy fat ewe 1 - around $5.50: no "hone lightweight dry fed ewes offered,: California -nring lamb feeders up to $13.25. Iloe-—-K 'oe'pts. 32.00(1: market, gencrall'.' Joe, lot* higher early: heavyweights $8.7 5® 9,1 b: locb.iumweiglits, $9.10 4,0.(15: Ightweight•. $9.304, 0.70: li-Id lights. $9404, 9.05: Hacking sows, $7,854, 8.50; slaughter pig*. $8.754, 9.00. tin Times Jinrrial LOUISVILLE. K.V.. May 37.—Hogs—Re- , 'ipts. 1,000; market, stibidy: tops. $9."5. I'altlr—Receipt . 200: unarUc!, Mri-dy: good to choice. $8.50 4, 10.50: pedi .in to good. SO4, 8 down. Sheep—Receipt-,, 1.-K’O; market. lambs 35e low, r: others steady; , pringer.s, $10; seconds, $13.50; sheep, $5 4, 0. 111/ Uni ini Press CINCINNATI. May 27. Hogs Receipts. 4.000: holdoviTk 3.300; market, steady: 350 to 350 lbs.. $8,50 4,94.5: 200 to 2o() lbs., 80.10 4, 0.5(1: 10() Ul tOO lbs.. $0,104,40: 130 to 100 lbs.. $04,9.50: 00 to 100 lbs., $84,!): packing sour. $7.50 4,8. Cattle—K"eeipts. 350: calves. 000. market steady; beef steers. $0@1045: light yearling steers and heifers, $9 4, 10.50: beet cows. Si. 504, S: low cutters and lied cows. $ 1.3.5@ 5.50: vealers, $94, 11. bulk stocker and feeder steers, $8.50 @'9. Sheep—Receipts, 1.900: market steady; top fat lambs, $11.50; bull; fat lambs, $8,., 11.50: bulk let ewes. $5 4,7; bulk feeding lambs. $1.50@,0.50. till United Press EAST ST. LOUIS. May 27.—Hogs—Receipts. 15,000: holdovers. 2.257; market, aeUve. 104/ !5e higher; 350 lo 350 111,.. $8,754, 0.30; •:()(, to 350 lbs.. $0,154, 9.50: 100 to 200 lbs.. $9.054, 0.00: 130 lo Kid lb-., $94,0.00: 90 to 10(1 lbs, $8.05 4, 9.50: packing sows, $7.754,8.25. Cattle—Receipts. 800; calves. 700: maikct. steers, steady; beef steel's. $0,50 4,11.50; light yearling steers and heifers. $8.504,, 10.50: beef cows, 50.754, 8: low cutter and beef cow-. $1.254,5.50: vealers. 811.50; heavy calves, $7 4,8.50; bulk stock and feeder steers. $7,954, 9. Sheep—Receipts. sol): market, generally steady: top let lambs. $1.3.50; hulk fat lambs. $1.34, 13.25: bulk fat ewes. $9,50 4,10.50; bulk feeding lambs. $5.504,0.50. CLEVELAND. May 37.—Hogs—Receipts 3.000 market. 10e higher, lop. $10: 250 to 350 lb-., $04,9.00; 200 lo 350 !l.s„ >0.004,0.85: Kill to 300 lbs.. $0.8544 10: 130 to 100 lbs.. $10: 90 to 100 lbs., $10: parking sows. $7.754,8 2.5. Cattle— Receipts, 150: market.. L 54, 35c lower; beef steers. $9,254/10 25: light yearling steers and heifers. $04,0.50:' beef rows, $0,754,8: low cutter and beef vows. $1 4,5.50; vealers. $124( 12.50. Sheep—Receipts. 500: market, steady: top lat lambs, $14.50: bull; fat lambs. $13,504, 14.50: bulk fat eweg. $94,11; bulk feeding lambs, $4,504, 7. tin United Press EAST BUFFALO. May 27.—Hogs—Receipt-*. 5.000: holdovers 034: market. 154,' 2. lower: 250 to 350 lbs. $8.854,9 60 • 200 to 350 Bis.. $0 45„,9.90: Kill to 200 lbs. $9,854,10.25: 130 to 100 lbs, $lO4, 10.25: 90 to Hit) Bis.. $104,10.25' packing sows. $8.704,8.85. Catt'e—Receipt-. 3. >0; calves. 2.000: market, -trong; calveSteady. Sheep—Receipts. 3.4(! I: market .|O4, 75e lower: top fat lambs, $1 1 4/ 14 25bulk fat lambs, $10,504, 11; bulk feeding lambs, $0.504,7. PITTSBURGH. May 27.—Hogs—Receipts. l IiOO- market fair demand: 350 lo 350 lbs, $9,254/9.50; 300 to 250 lbs. $9,504? 10: 100 to 200 lbs . slo*, 10.3(1130 to 160 lbs.. 810.15 4, 10.2(1: 00 to 100 lbs.. $10,154, 10.20; packing sows. $,4,7.75. attle—Receipts—None, ea've--150: .market, steady: beef steers $lO 50 13 ouotable: vealers. sl2 4, 13 5(1. Sheep —Receipts. 1.000: market, weak, wethers. 8,.7.>: top fat lambs, $144, 14.50: bulk fat ewes, $0 @ll. . r,n United Press TOLEDO. Mav 27.—Hogs— Receipts. 400: market 10 4,15 e lower: heavies vs 75 4,0: mediums. $9 <?< 9.35; Yorkers’ 89 50 4,0.75: good pigs. $0,504,10. Calves Receipts, light: market steady. Cattle— I Light steady market.

Local Wagon Wheat

Local grain elevators are paying $1.35 for No. 2 red wheat. Other grades are purchased on their merits Chicago Stocks —May 27 Open. High. Low. Close. Arm Del pfd 90% 00 % 00 00 Arm 111 pfd 72 % 73 U 71 >4 71% Auburn Mo 100i/ a 110 100 100% Balbnn-Katz 81 % til ’4 hi 61 Li Me A- L 9% 0',4 0% 0% Middle W .111% 114% 114 1141. Real Silk. 36 Swift & C 0.110% 110% 119'.. 110% Swift Inti. 23 V, 24 23 >i 23% Wrigley. . . 53% 51 53% 53 Vi Rone A Beck 58 % 50 58 % 50 111 Brick... 52 52% 52 52Vi J R Thom .52 ... ... ...

New York Stocks-

By ThomsoD Ji McKinnon)

—May 27 Railroads— Trev. High. Low. Close. close. Atchison ..185% 183% 184% 183 A Coast L.. 185% 187% 188% 188 C. & 0... 124 123 L 123 Vj 123 Can Pac ...183% 183% 181V* C. &O. . . .18 7% 186% 186% 187 C. & N. W.. 87% 86 % 87 87 C.. R &T . 107 % 105% 10 7 1 1 105% Del & Hud 211 % . . 300 %. 21 1 % Del & Lack 166% 165 166% 165% Erie 55% .35% 55% 5 i % Erie Ist pfd 61 % lil lil 61% Gt No pfd.. 90% 00% 90% 90% Lehigh Vat 125% 124% .125 124% K C South. 59 % .37% 38 57 % L. & N 143% ... 143 143% M. K. & T.. 53 50 51 Vi 49 % M Pac pfd 105% 104% 105 104 % N YC, n... 155% 153% 154% 153% NY NH&H. 52 50% 51% 50% No Pacific. 88% . . 88 88% Nor & W.. .186 % 184% 185% 185% Pere Man 138% 137 137% 137% Penngy ... 64 % 63% 64% 02% Reading . 119 117% 119 11/% So Railway 130% 120% 120% 120% So Pacific 115 114 114 IJ>% St. Paul. . . 15 14% 14% 1 1" St. Paul phi 25 24% 24% '-1 % S L & S W 81*4 ' . . . 79 % 80 % SL& S E 114% Jl3 113% 113 Union Pac 178% 177% 178 178% Wabash . . 7.3 % 7'0% 74% 70 Wabash pfd 96% 95% 90% 9.i% Rubbers — x Ajax 9% ... 9% 0% Fisk 17% 16% 1, J 0 % Goodrich .. 58% 57% >8 . •’ill Gondyr pfd 113% ... H-)% ll\*% Koll.v-Spg.. . 22 21, '21% 'M % U S Rub.. 51% ... .iO% ,il Equipments— Am C & F 100% 108% 108% 108% Am Loco. . 115% 113% 11.i% 113 4 Am Stl F,1.. 95% 45 45% 45 Raid Loco .. . 210% ... '-1 , Gen Elec.. 103 100% I<>2% 100% Lima 71 09% 70% 70% N Y Airb. 45% 4>% 4.>% 45% Pres Stl Car .58 .315% .37% ill , Pullman ..19t . 192 %• 193 % Wslh A B 160% Hll"* Dili 161 Wstli Elec. 77 *' 7% 76% 5( . Hetble 50% 50% .50% sn.* Colo Fuel. 80 % 88% 87% $> ‘ • Crucible. 87 ... 87 88 (,ul I St Ml i. -52 Inland Sll 40 4.3% 10 45% I'h R C & I 41 11% 43 % 42 Rep Sll 67% ... 67 % 67 Sl-Shef .. 130 129% 130 128% I' S Steel 173% 172% 173% 175% Alloy ... 27 % 27% 27 % Vanadium.. 45 ... 45 .Motors—\m 80. .11% It 1 It. Chandler .. 22% 21 % ■ 22.• i brysler .. 46 45% •*% 4.i % On M 0... 12% . 12 12 Dodge .... 22% 22 ‘.2% 2. Gabriel .. 42% 41 42% 41 * *ien Mo . .191% 1; I 194'% 193%* llupp 20% ■' 20% "0% 'iml-oii ... 61% )% 81 81% •lordan .... 17 % ... 17 M*. 116% 115 % IKI% Mar Par. . . 17 % ... 17% 17% Moon .... 8 • • 8 h ... 66 631* 115% 63 0. P."< hard ... 36*. ... 36% .36% Peeriea* ...27% ... 27•* 26% Pierce Ar.. 46% MS 16 Studebkr . . 51 . 61 % 51 - 51% Sti w War. 61 % . . c. 1 % 61 Timken .. 99% 98% 99 9 Willv-0 . . 20% ... 20 '"% White Mn I ■ 47% 48 -7% Mining— Am Sill ..160% 1.39 159% 159 _ Anaconda.. < V>% 4.> % ■(■•%• L,% r-r De I*,)i.*i% ... 60, 60% lnspir 15% ■■ • I ■’, % l•’ % %t Nlc. . (■•-'% 67% 68 68 Kennec . . 04% ... 04% 64 % Tx G & Sul 11114 50% 59% 59% U $ Bm. .. .’ 5 % 36 30 Vi 30% Oil\t Ref ..11" ... 11l JI 1 % Cel Pete -. • :"i Creep Tex. ii> * C(i ** 00 > *•* ~ Houston ...140 ... 138% 138 7 nipt Oil U' 19 • 19 Mar:.,'Kl C. 38% 38% 38% 38% Hid C Pete 31 31 31 % I’ Am P IB) 58% .3 8 *SB % ..9 Phil Pte.. 4I 7 , 44 % It' ■ t Union Oil . 43% 43% 43 % 43% Pure Oil. . 27 % 26 1 27 ”6", Pnval Dutx .. ■ • ■ 49 % Slnil .... "8 27 % 28 2, % Siiu.’air ... IV 'Y • < • • > Shelly .... 27 * 27 % 27 % $• ; * S O of Cal 51 '..J ... O * - S O of N .1 37 -30 % 36 % 30% S O of N Y 30% 30% 3(1% 30’ • Texas Cos. . 48 47 % 48 4, Trans l’cte 6 5% 5% 6% Industrials —• Ad Runiely 12% 12% 12', AS* Ch.'ll 111'! . 1118% 109 . 109% Allied Cli. lit'. HI 1I" % 139% Arm (A) . . 11 . .. It) % 9 , Amir Can. .50'% 49'a -19% 49 Am H L. . 10% . . 1" -. 10 Am H L pfd 'l l 59 69 58% Am S Raz 49 .. A -40 49. Am Wool. 17% 1* % 1 7'-a J "v Central L.. 16% 15 10 16 to--ii Cola . 113 % 112%. 1' ( % I'2 Coot Can.. . 68 60 *, 68 60b. C,rt P--.-i,is 53 % 52% 53 53% Dav Clum. 32% 31% 33 '4 3J J• Iliipollt .. 2-1-1 , 243% 344 '■ *' % Fain Plav 100'I IUB % 100 % 1 0 ' Gen Asnhlt 77% 70 % 17 . In? C Engr 4 i 7 . 16 'j 45 lot Paper. 4(1% 10 ill's 40 bit l'iirv.. I>3 181 % 1- ! % lSi Mav !> Sta. 72% 12% 73% Moilt Ward 67% 66% 66', 65% Nat Lead - , Owen But.. 7'B-s, - - _ *B% 79 Radio .... 49% 48 7 s 48% si'i Real Silk.. 36% . . 35% 36'/. Rom Tyiie. 43% 41 'i 12 Pi's Seam-Koeb.. .54% 53% 51 % 63% F'litd Drug 17-lb, ... 1.4 ).*% Univ Pipe. 31 % 30', 3"% u S (' i P 239 237 'i 237 ', 236 % U S Ird AI 7'0 7 ; 71 7 4 76% 74 Wool worth 14-3 7 - . . . I ‘3% 144

Indianapolis Stocks

Bid. Ask. Anirr Control lA<e 650 Amor Creosoting Cos pfcl . . .101 lot 801 l R H tom ./ */ BO Belt R R J>ffi 58 Cont lnd Power Cos pfd . 92 0 05 Pities Serv it c Cos coin .... 45 r . . . Cities Service Cos pfd 90 . i . CitizniH lias Cf mm .T I "'Ml* Citizens Gas Cos pfd 100 Commonwealth Ln Cos pfd.. 10014 ••• Equitable Securities Cos coni At* ... Ifook Drug ('o com ‘-*O% ... Indiana Hotel com 125 ... Indiana Hotel pfd 101 ... Ind service Corp pfd *7 *(* • Indianapolis Gas com .... 00 6 4 Tmlt>ls & Northwestern nfd. . 52*j Indianapolis St Ry pfd ... 40 4*2 Indpls P & L B'-.s pfd . . 99 U 00'. indpls P mid L 7s pfd OS ... Ttldpls \7Ater Cos old 103 . . . Indpls Water Wk Sr< ur pfd. 98 Interstate P S Bs pfd .. . 80* y Merchants Pub 1 "til <’o pfd.loo North Ind Puh Service pfd o*l 00 Progress Lsundrv com ... . 23 ... * Puh Snv Ins Cos ‘2 ... Rauh Fertiliser pfd 49'y . • R*ml Silk Hosiery pfd 00 T H I & E com *2 T H 1 t?; E pfd 2T T If Trao and r.t Cos pfd. . 02 Union Trac of Ind com Union Trac of Ind Ist pfd. .. 7 Union Trao of Ind 2d pfd.. . . 2 Union Title Cos coni 82 ... Van Camp Pack Cos pfd ... 5 ... Van Camp Prod l-t pfd .. SS'j !*v *j Van Camp Prorl 2d pfvl 05 *Kx-dividend. 525. —Bank Stocks— Aetna Trust and Sav Cos. . . .1 15 120 ! t Cos 132 ... City Trust Cos J 45 Continental National 110 ... Farmers Trust Cos 240 ... Fidelity Trust Cos IM2 ... Fletcher American 170 ... Fletcher Sav and Trust Cos. .270 ... Indiana National Bank . ..204 210 Indiana Trust Cos 230 . . Livestock Ex Bank IM2 172 Marion County Bank 210 ... Merchants Nat Bank .‘125 ... Peoples State Bank 100 ... Security Trust Cos 275 State Savings and Trust'... . . 00 Union Trust Company ....415 ... Wajsh Bank and Trust Cos. . .ICO ... —Bonds— Belt R R and Stockyards 4s 00 ... Broad Ripple 5s 80 ... OntraUlndiana Gan Os OS ... Cent Ind Power Cos Ms . ..102** ... Phi S Bi nd & N Ind 5s . . . 33. . . Citizens Gas Cos 5s 100 , . . citizens St, R R 5s KB N7 1 ■> Gary St Ry 5s 881-4 Dot* Home T and T of Ft W Os. .10*5 Indiana Hotel 5s . v 00 Indiana Northern 5s 2 ... Ind Ry and Lt 5s 05 ... Ind Service Gorp 5s I*2 * j ... Ind Union Trao 5s 2 ... tndpls Pol & So Os 00 101 Vi Indpls Gas Cos 5s 100 102*5 I‘iidpls & Martinsville Os ... 70 BIV Indpls Northern 5s 24 28 Indpls & Northwestern ss. . 70 SI Indpls Pow and Lt Cos 55.. 97** 98 *i Indpls St Ry 4s . . , 07 MS Indpls Trac and Term ss. . . 05 06 Indpls Union Ry 59 101 Indpls Water 6 Vis 103 *j 104 s i Indpls Water,lst 5s 08 101 Indpls Water 4*'js 90 ... Indpls Water Wk Sec Cos Gs. 100 Interstate Pub 8 Ms 102 s * ... Interstate Pub SBs 6%5. . .103% ... N lnd Pub Serv Cos 5s 07 ... T H I & E 5s 88 * a 89 !a T H Trac and Light ss. ... 00 ... Union Trac of Ind Ms 17 18*/*i —Liberty Bonds—--Ist 3 */i s 100.00 101.10 Ist 4*l S 103.10 103.20 2d 4 , iS . . 100.30 100.40 3d 4*-s 100 84 101.(Mi 4th 4Us 104.00 104.20 U. S. Tr 4’ s 114.00 114.20 USTr 4s 109.00 109.24 US Tr 3 3 i s .. .100.20 100.36 U S Tr 3Vis , 99.90 100.00

THE INDIANAPOLIS TIMES

1 tilities— A T and T 168% 167% 167% 167% Am Exprsg 1.38 ... 138 lj' % Am W W. . 84% 8 4 84 % 84 * Brkl.vn Man 621s 62 62% 61% Col G and E 98% 97% 97% 97', Cons Gas .103', 103% 103% 103% Interboro. . 30% 37% 30% 37% No Am Cos 50 40% 40% 40% Peoples Gg 141 % ... 111% 140% Phils Cos 105% St G and E 58% 58% 58% 58% Wn Union .101% ... 161% 163% Shipping— Am Tnt Cpn 50% 49', 50% 48% Ant Sand C 5 % 4 % 5 % 4% Allan Gulf. 30% 38% 30% 36% lilt M M in' 53% 50% 52% 48% Until Fruit 135% ’.31% 135 UJI% Foods— Am Sugar. 95% .. 94 94 % A H Sugar. 23% 24% 2.3% 23% Austin Nieli 4% ... 4% 4% Beech N 4*k 53 52 53 51 Cali! Pack. 64 63% hi 61 7 , Corn Prod*. 59% 58% 58*, 59% Cuba Cn pf 42% ... 42% 43 Cuba A Su. 25 ... 25 25% Fleicchmann 58 57 % 57% 57% Jewel Tea. 6 1 6 4 61 Na Biscuit 1.3.3 132% 133 132% Punt i A leg 42 . 40 42 Postum . 99% 98 % 99 98 % Ward HI; B 22% ... 22 21% Tobaccos— A Sumatra. 52% 51% 52 % 53% Anier Tob 125 . . 134 136 Am Tub B 134% 133% Lit 134% Cons Cigars 79 76% 78 % 71* Gen Cigars. 60% 60 6(1% 60 Liggett .117 110% 110 Lorillard .. 29% 28 % 28% 25% R .1 Rynlris 137 135% 137 1.75 Tub Pro B I'm tbs', 99% p> I' C Stew's. 87% 80% I*7 80". Schulte RSS2 % . . 52% 52%

WHEAT GOES UP NEARLY 5 CENTS UH BIG BUYING Cor Advances Even More, ' atting Mew Highs for July, September. II ; I nilril Press CHICAGO, May 27.—\Yh‘ it prices shot up between 1<- and 5c on the Chicago Hoard of Trade today under an avalanche of buyin ,■ orders from all parts of tin* ct untry, the deferred deliver;. -oaring to new high level.; for the season. All news was decidedly bullish. Shorts and commission houses were in keen competition for the offerings, which were rather limited. J.iverpool was 7 ,c to 2%c higher, which helped the market as i u:ch as the weather news. Although late profit taking forced a slight cession from the extreme top, the close was 4-%e to 4 T sc higher. Receipts here were sixty- even cars. The cash market was le higher. Influenced by "lins west and ft recast for precipitation over a greater part of the belt, extremely light offerings and the strength in wheat, corn price.; : oarred over sc. with the July and S ptemher sailing at new highs oit the crop. Planting reports were still bullish. There was some profit-taking late, but did not affect prices, litu.l figur s Ik in* 4 7 sC to r,"- s c higher. The cc-h market was 1<- to 2c higher, r.c-Mpts were sev-enty-nine cars. Outs participated in the advance, with all deliveries advancing I\c to 5%,: to new high prices. Receipts v .*■:•,y--r M'M and sales to store were 150.000 bushtl v The cash market was %e to le high- r. Provisions were sharply higher. Chicago Grain Table ' —May 27 WHEAT— I’rev. Opoii. Ifijrli. Low. < In*' . < inso. Mhv 1.52 1 ■ 1.54% 151’, 1.5' I l!l% JulV 1.10% 1.51 - 1 It: 1.5(i% 1.4.v> S'-llt 1.13% !.•• 1.13% i.47-% 1.42% CORNMn- 91 % 95 .91’, .05% .00 July. .94 '•'• .08% .94 % .97 7 93 Sept. .96% 1.00% .90% 1.00 95 OAT!— May. .49% 50% .49 .5(1 % .49 July. .50.52% 59 % .52 S.|it. 13% .50% .48% ..id % .1. Julv A |2 45 1 ‘*.65 12.15 12.03 12.32 8, .It 12.00 12.85 12.60 12.82 12. o; Mtiy nominal 12,50 12.00 MivlHO 1.19'j 1.19 LHC-, 110 July 1.15'i 117% 1 15% 1.16% J.'. Sept 1.07%. 1119% 107% 1.08% 1.05 llil Tillies Special CHICAGO. Mav 27.—Primary receipt: Whi.it. 099.000, nrmnst 805.000 corn, 691.000, iiraiimt 083,000: nnts. 32(1.000. rp.'iinsl 501 000 Sliipmt lit*: Wheat. 158 000 MT.iinst 703.00(1: , orn. 629.000. .'iqainxt 354,000; oats. 594,000. agaiutt 317,000. tin Tiiers Sineint CHICAGO, May 27.—Uarlot*: Wheat, 71: . uni. 52; out*. 53: rye. 0. It n I nitrd !*r< ** . , , , v TOLEDO. May 27.—l In-. Wheat —No. ■■ $1 5(i,„ 1.51 % Corn —No. 3. 00i-*rfl. Rye—No. 2. sl.lO. Oat No. 3.5;,., ..... Ci’nvrr—Ca.-li imported. sll OvtolKT. >10.55; Ilii i mhrr, domestie. sl6 65 Tiru-othv-—('ash new. -2.0(1: Ma>. $2.00 Butter —43% Hie. KU 1921 Hay— CHICAGO. Mav 27—Ca-li Sr.un: Wheat —No. 1 red. $1.52% No. 2. $1.52*, 1.52 'i : No. 2 bic il. $1.53*, 1.54. Corn —No. 2 yellow. 00e: No. 3. 93 ■* *i 94e; No. I velfow. 91*,93e: No. ■. file; No. 0. 90*, 90 %e; No. 3 niixixl. 92%F; No. !. 91 %e: No. 5. 90%,•; No. 6. 90c: No. ' white !15%e*,t,7e; No. 3. t3 %c; No. 1 91 No. 5. 01c: No. 0. 89 %e: *S.. 78 In SBe. Oats —No. 2 white 52*i 53e. No. 9. (!((., 51%,-: No. I, 4 4 4, 49%c: sg.. 43,-. Harley—9o*, 95. Timothy—s4',, $5.25 Clover—s2s Hi 34.

Cash Grain

The bids for car Inis of grain at the call of the Indianapolis Board of Trade, f. n. h. basis 41 Cjc New York .rate, were: Wheat—Strong: No. 2 red. $1.41 ft/1.43; No. 2 hard. $1.42 ft/ 1.44. Corn—No. 3 white. 90 Si 02c; No. 4 white. 88ft/00c: No. 3 yllow, 88<jf00o: No. 4 yellow. 80<f/88c: No. 3 mixed. 85 ftzßßr*4 No. 4 mixed. 83rd80c. Oats—Strong: No. 2 white, 47*5i ft/ 50 ' t c: No. 3 white, 45w48f. Ha.v—Weak: No. 1 timothy. $1(4.50 Os 17: No. 2 timothy. $15.50 ft/ 10: No. 1 light clover mixed. SlM.soft/ 17: No. 1 clover mixed. $10 (n 1M.50: No. 1 clover hay. $15.50 fti 18. —lnspections Wheaf—No. 2 red. 4 cars: No. 4 red. 1 car: No. 5 red. I car: No. I mixed. 1 car: No. 2 mixe k. 1 car: sanipU. 3 cars, -utal. 12 ears. Corn —No. 3 white. 1 ear: No. 4 white. 1 v'ar: No. M white. 2 ears; sample white. 2 ears: No. 3 yellow, 1 car: No. 4 yellow, 2 cars: No. 5 yellow, J car: No M yellow. S cars: sample yellow. 1 car: No. B mixed 3 cars: sample mixed, 1 car. Total. 23 ears. Oats—No. 3 white. 4 cars: No. 4 white, 5 ears: sample white. 4 cars: No. 3 mixed, 1 ear. Total, 14 cars.

Produce Markets

Butter (wholesale price) Creamery, best grade, a 'pound. 484145 c. Butterfat—Local dealers pay 42 4; 43c. Eggs—Strictly fresh delivered at Indianapolis. 16(R 18c doz. Poultry < buying nrices)—-Hens, large breed. 17® 18c: Leghorns. 15® 17c; old roosters. 8 lit 10c: springers. 2 lbs. up, 30c: 1 \'j to 2 lbs.. 26® 30c; Leghorn blacks and small. 20 ft/ 22c; ducks. 14ft/18c; geese. 8 ft/ 12c: guineas. 35c: turkeys, young toms and heps, 25c; old toms. 20c. Bis United Press NEW YORK. May 27.—Flour—Inactive and unchanged. Pork—Firm: mess. $34. Laid—Steady; Middle West, $12.75®

12.85. Sugar—Raw firm: 90 test. 4.860; refined firm; granulated. 0.1 o*, 0.20 c. Coffee—Rio No. 7. 16%c; Santos No. 4, 16% hi 17%c. Tallow—Easy: specials to extra. 7%*i'%c. Hay—Weaker; No. 1. $1.25 *,1.30: No. 3 sl.os hi 1.10. Clover—sl*, 1.20. Dressed poultry—Steaily: turkeys. 25*, 46c: chickens. 20 @ 42c: cations, 3(l*, 46c: fowls, 12@29c: ducks. 18*/ 32c; Loir Island ducks, 23*/ 24c. Live poultry —Stead) : ireese. 10*, 12c; ducks. 12*1 25c; fowls. 23@ 28c: turkeys. 20*,;22c; roosters. 15c; broilers, 20® 42c. Cheese Steady; State mill; common to special, 27 */ 28c: Young America. 25c. Butter Firmer: jyceipts, 10.118; creamery extras. •42 %*, 42 “ic; special market. 43'...*, I.l Eggs—Unsettled, weak: receipts, 39.502: nearby white fancy, 32*, Ole: nearby State white. 25f?31 c fresh firsts, 20 1 , *, 23c: Pacific coast first to extras. 28*, 35c: western whites, 25 4,27 c; nearby brow ns. 27 *, 32c. l 7 ot.atoes—Southern. $2.50*1.8.7.5: Maine. ss*, 0.75: Bermuda No. I. $8.50@0; Canadian, 90-lb. Backs. $2.65 *, 2.75. Sweet potatoes—Jerseys, baskets, 50e® $2.50. 81l United Press CLEVELAND May 27—Butler—Extra in tub lids. 43 %in 45 firsts. 39 1 • *, 40%o; seconds 37%*,.78%e; packing stock. 28c; prints in oie-pound cartons. 1 to 3 cents a pound above tub quotations. Eggs—Extras. 23 %c; extra firsts, 22 %c: firsts. 21c; ordinary 1%0. Poultry—Medium fowls. 20®270; heavy fowls. 26*i 26c: Leghorn fowls. 22® 23c: heavy broilers. 35*/,38”: Leghorn broilers, -s,/ 30c: cocks. 16® 17c: ducks, 28@30c; geese. ]7*elHe: spring ducks 31 ® 32c Potatoes—Round whites 16(l-lh sacks -Maine. $6; Michigan. $5 .50*, 575 Florida l.arr,.ls N> 1 $8 50: Ohio. Oil.lb. sacks. '1 all *? 1,5: Maine 2-bu. sacks. $17.5 100-lb. bag Triumphs. $56 5.25: South Carolina pi tt barrf*l*<l uobblors, I Mftrd I'rcxs • M.iv CT.—Butter—nrc#*iptp. *‘! : A rr !' arn .tX-V 40V/ '.•**: BtamlarfN. •'P''; ;jr, oi \lthm. 4l*. ipt®. *’T.4 i >rfliiiariPß I U '-t H • tinsts rJOOi -1. : 18 y; extras. *;i)*\c Chrepo.—

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Luggage Covers Tiioy protect your luspage from flusl an.l rain. Eyelets make fastening easy. slclsaa>s2 o 7S

Sit on an Aar Csasliaon , nntl you'll say thut it can’t be beaK for comfort. B r o w n Hated with mouth. Rolls into small package. (c>o or Price... iPuofau

Wedge Back Cushions Relievo strain and bring you closer to wheel. A number of styles. # 59c, 95c, $1.45, $1.75 and $2.35

' • Show the “Colors” v. Decoration kl i Five 4x6-lnch silk holder in eolora, Silk and Lisle Flag Holder .... 50c

SPOT LIGHT '■ jL ' ,T ,s rowaau TO MAkT fjrAHTMAaEORSmtOFCAa *

Set of 2-Bar Nickeled Bumpers and Bumperettes Ford, Chevrolet, Whippet, Pontiac Fittings

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Twin*. 22%c: Americas. 23c. Poultry Receipts, 5 cars; fowls, heavy. 21c: light, 22 %c; springs. 35c; ducks, heavy 25c. spring 30c; geese, 15c: tlirks. 23c: roosters. 13c: broilers 1% to 1", lb*., 28 *, 30c: Leghorn broilers, 22® 26c. Potatoes—Arrivals, new 32. old 18; on track, new 125. old 139: ill transit. 611; Alabama. Louisiana and Texas sacked Irish cobblers and Bliss Triumphs. $4.00*, 4 85, mostly $4.65®4.75; heated poorly graded. $3.75® 4.50: Wisconsin sacked round w hites, $3.10*/ 3.25: Canadian sacked whiles. $2.75® 3.10. a according to quality. Sweet potatoes—sl®2. New York Curb Market —May 27 —Closing— Anglo American 19% 19% Continental Oil 17% 17% Galena Slgncl 7 % 9 Imp. Oil of Canada 43 43 % Ilid IMpe Line 70 71 lilt Pile J 30% 30% Ohio 0.1 50% 57 Prairie C)ii and Gas 48 18', j I’rairio Pipe Line 103 164 Standard Oil. Indiana 07% 07 % Standard Oil, Kansas 10 1(1% Standard Oil. Kentucky ....112', 114', Standard Oil. Nebraska .... 45% 46 Standard Oil. Ohio 75 70 Vanin OH 123', 124% Mountain Prod 24% 24% New Mfx A Ariz Ld 10% 12 Salt Creek I’roil 29 29% Land of Florida 18% 20 Curtiss Aero 21 22 Durant Motors, Del 9 % 9% Elec Bon (land Share 73% 73% Elec Investors 38 38% Ford of Canada 430 450 Goodyear . 54 54 % Midvale Company 28 28% National Loathe r 3% 4 Heo Motors 23 23% Service Electric 6% 7 Slot* Motor 13% 14 Cities 8, rvlce coin 45% 40 Cities Service pfil 00% 90% Cities Service Bankers .... 22% 20 Amer 6u * 88 88% Marmon 55 50'., English women are beginning to shnw a preference for the stalwart Airedale over the pampered Pekingese.

GUARANTEE

Tiros and Tubes are built of the very best to Rive the utmost in service. At our low cash prices they are wonderful value*. All fully guaranteed.

Auto Flag Set With 77 Purchase of Diamond Tires

BALLOONS Doublo Regular Titan Diamond Size: Diamond Diamond Tube 20x-1.4n $11.25 $8.25 $1.95 29x4.95 15.95 12.25 2.65 30x4.95 16.75 12.75 2.75 30x5.25 18.50 13.95 2.85 31x5.25 19.25 14.75 2.95 30x5.77 21.75 16.75 3T75 33x6.00 ... 22.00 17.75 3.95 CORD TIRES Double Regular Titan Diamond Size: Diamond Diamond Tube 30X3 I '. $8.95 $7.25 $1.49 •30x314 11.35 8.75 1.85 **3ox3*4 12.75 /9.85 1.85 31x4 15.95 12.25 2.25 32x4 16.85 12.95 2.35 33x4 17.65 ’ 13.75 2.45 32x414 22.75 17.75 2.95 S. R.

Awnings £or Closed Cars Add to she looks of your cur, keep out the sun and rain aud give proper ventilation. Merely slip Into Ihe glass channels. Striped material with O Q _ fringed edge, each.. •***

Buy a Piece of Indianapolis i

DIVIDEND NOTICE Utilities Power & Light Corporation 7% Cumulative Preferred Stock The Board of Directors of Utilities Power 6 Light Corporation at a meeting held this day declared a quarterly dividend for she period ending June 10. 1977, of One Dollar and Seventy-Five Cents ($1.75) per share upon 1 the outstanding Preferred Stock of the Corporation, payable July !, 1927, to stockholders a’ record at the dose of busintss June 6, 1927. Class A Stock A quarterly dividend for the period ending June *O, 1927, of Filly ( enta (50c) per share on the Class A Stock also was declared, payable July 1, 1927, to stockholders o( record at the close of business June 6, 1927. Under the resolution of the Directors, the holders of Class A Stock have the right and option to accept, in lieu of their ca-h dividend, additional ( lass A Stock at the rate of one-fortieth of a share for each share of Cbss A Stock standing of record in their respective names at the close of business on June ft, 1927. Unless hy the dose of business June 6, 4927, the stockholder sdvi„-s the Corporation that h desires his dividend in cash, the Corporation will send to him on July 1, 1927, the additional stock (or scrip for fractional shares) to which he is entitled. Class B Stock A dividend of Twenty-Five Cenis (25c) per share also was declared on the Class B Stock, payable July 1, 1927, to stockholders of record at the close of business June 6, 1927. Under the resolution ol the Directors, Ihe holders of Class B Stock, or Voting Trust Certificates representing such stock, have the right and option to accept in lieu of their cash dividend. Voting Trust Certificates for additional Class B Stock at the rate of one-fortieth of a share for each share of Class B Stock standing of record in their respective names at the close of business on June ft, 1927. Unless hy the close of business June 6, 1927, the stockholder advises the Corporation that he desires his dividend in cash, the Corporation will send to lyim on July 1, 1927, the additional stock (or scrip (or fractional shares) to which he is entitled. H. L. CLARKE, PteMt.M. Ckicw, IU„ May 20, 1927.

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Thermic Jugs and Vacuum Bottles Gal. Jug •.. SI.SS Qt. Bottle -.. $1.39 Pt. Bottle ... 95c

Folding Metal Stools, 69c For the race, for y° ur ofiting y trips, etc. Folds up to 7% x 11 y Inches. Light y but sturdy.

Driving and Sport Visors

Price—

25C

Kills the glare of the sun. Light, cool, comfortable; self-adjußflng to your head.

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