Indianapolis Times, Volume 39, Number 17, Indianapolis, Marion County, 31 May 1927 — Page 13
MAY 31, 1927
PORKERS STEADY, WITH LARGE RUN
GOOD GAINS MADE * BY RAILROAD ANO INDUSTRIAL LISTS Stocks Respond Confidently to Constructive WeekEnd News.
Banks and Exchange
ot twenty indues pturday ut'.X S f Avfrage of forty bonds was 97.45. off Q~bulletin Bu United Press NEW YORK, May 31.-Lmted States Steel common stock reached new high ground on the Stock Exchange today at 175*4. P U 4 from Saturday's closing price. Bn United Press NEW YORK, May 31. —Stocks on the New York Stock Exchange began the week strong with several substantial increases noted in the industrial and railroad sections. International Nickel was an early feature, rising nearly 4 points to a new high ground. General Motois was up fractionally, white U. S. lost a shade. W News developments over the weekend were entirely constructive. They included an indicated revenue surplus of 600,000.000 this year and the suggestion of a $300,000,000 tax cut next year offering by the Treasury of $200,000,000 treasury bonds at 3% per cent, the lowest rate in some time to redeem with surplus government funds $378,000,000 short term certificates maturing June 15, and reports from Youngstown of an upturn in steel mill operations. Noon Developments Stocks responded to these developments showing a confident tone. Reading and Wabash rose to new highs at 122% and 76% respectively. International Nickel was up over 3 points, 74%. This stock opened Monday on the Montreal market at 74%. Rumors that another big increase in brokerage loans would be reported after the close by the Federal Reserve Bank encouraged bearish professionals to try for reaction in the general list around noon. These efforts were frustrated, however. by continuation of enthusiastic buying stimulated by the constructive character of the treasury financing program which emphasized confidence. prevailing in authoritative quarters regarding the outlook for sustained ease in the credit situation. Saturday’s Surplus Banks called $20,000,000 in loans ■fcarly, but this development was recognized as incident to the heavy interest and dividend disbursements • scheduled for tomorrow, estimated at approximately $500,000,000. In view of the' surplus of more than $70,000,000 shown in Saturday's clearing house statement, compared with-a-deficit of $21,000,000 In the previous week, it was felt that these payments would be taken care of without unsettlement and that the return flow of this money would be followed by restoration of the 4 per cent call rate in a few days.
Banks and Exchange
INDIANAPOLIS STATEMENT —May 31 Local bank clearings today were $•!.- 985.000: debits. $00,596,000. Clearings for the month of May were $7, <06.000. debits. $187,709,000. NEW YORK STATEMENT R 'NEW 1 YORK'"may 31.—Clearings, $569.000,000; balances. $115,000,000. FOREIGN EXCHANGE Bu United Press NEW YORK, May 31.—Foreign exchange opened steady. Demand sterling. $4.86%. off .00 l-16o: francs. 3.01%c: lira, 5.50%c, up .01c; belga, 13.89 c; marks. 23.68 c.
Produce Markets
Butter (wholesale price) Creamery, best grade, a pound, 43@40c. Butterlat —Local dealers 42c. Eggs—strictly fresh delivered at Indianapolis, 15@ 17c doz. „ , Poultry (buying prices)—Hens large srecd, 17®18c; Leghorns, 15@16e; old MM . to 2 lbs., 25 (Si 30c: Leghorn blacks and “mall. 20c: duc-ks, 14® 18c: copse, 8 ®l2c: guineas.- 35c: turkeys, young toms and hens, 35c; old toms, 20c. Bn United Press CLEVELAND, May 31.—Produce: Potatoes—Round whites. 150-pound sack Maine, $6; Michigan. ss.soiff 5.75: Florida barrels No. 1, §8.50: Ohio (30-pound sacks,' $1.50® 1.75; Maine. two bushel -sacks. $4.75; 100-pound bag Triumphs. $5 ® 5.25; South Carolina barreled cobblers. SO(9 10.25. Butter —Extra in tub lots, 441®46c: firsts. 40@41c; seconds 38 (f| 30c; packing stock. 28c: prints in one pound cartons range from 1 to 3 cents a pound above tub quotations. Eggs—Extra, 23Vic: extra firsts, 22Vic; firsts, 21c: ordinary, 10 Vic. Poultry— Medium fowls. 26@27c: heavy fowls, 2o(ii i 26c; leghorn fowls. 22® 23c; heavy broilers. 35® 38c; leghorn broilers, 27® 20c: cock, 15017 c; ducks, 28® 30c; geese, 17 @18c; spring ducks, 31 0 32c. Bu" United Press NEW YORK. May 31.—Produce: Flour —Dull and irregular. Pork —Dull. Mess —s34. Lard—Stronger. Middlewest—sl3,3sol3.6s. Sugar—Raw. quiet: 06 test, 4.86 c; refined, quiet: granulated, 56.1006.20.' Coffee—Rio No. 7. 15 %c: Santos No. 4, 16%@17V4c. Tallow— Dull. Specials to extra—7%@7%c. Hay ■—Dull. No. 1. $1.25 @1.30; No. 3. sl® 1.10; clover. $101.20. Dressed poultry— Quiet: turkeys, 25®46c; chickens, 20® 42c; capons, 30® 46c; fowls. 12® 29c: ducks, 18®22c: Long Island ducks, 23® 24c. Live poultry—Quiet: geese. 10® 12c; ducks, 1-2®Bsc; fowls, 23®28c; turkeys, 20®22c; roosters. 15c: broilers, 20® 4.>c. Cheese —Dull: state milk common to special, -27 0 28c: young America, 25c. Butter—Steady: receipts. 7.535: creamery, extra. 43c: special market. 43Vi@44c. Eggs —Quiet: receipts, 20,836: nearby white Taney, 31 0 33c: nearby state white. 25® 30c: fresh firsts. 21 Vii® 22 Vie; Pacific coast first to extras, 28® 25c; western whites, 25®27c: nearby brown-. 27® 32c. Potatoes —Southern. s2® 8.25: Maine. [email protected]: Canadian. [email protected]. Sweets—Jersey basket. $2.50®2.65. Bn l'niter! Press CHICAGO. May 31.—Butter—Receipts, 20.053: creamery. 40 Vi ®;4lc: standards. 41c; firsts, 38@39%c; seconds, 35 Vi ® 37c; extras, 42c. Eggs—Receipts. 62,833; ordinaries. 18 Vi® 10c: firsts. 20@20Vic; seconds. 17V4c; extras. 23He. Cheese J’wins, 22Vic: Americas. 23c. Poultry spring ducks. 30c: geese. 15c: lurks. 23c: roosters, 13Vic: broilers. 1 V-s to 1% lbs., 27® 28c: Leghorn-broilers. 22® 26c. Potatoes—Receipts, arrivals, new 112. old 39: on track, new 100, old 108: in transit. . 828: Georgia. Alabama, Louisiana and Texas sacked Bliss Triumphs and Irish cobblers. best $4.9005.25. heated and poorly ioaded. $4.50® 4.80: Wisconsin sacked round whites, $3.65®3.85. few $4: Minnesota sacked round whites, §[email protected]: 1 Canada mixed saekpd white varieties. $3.40 ®b.7o. Sweet potatoes—sl@2,
New York Stocks (By Thomson & McKinnon)
—May 31— Railroads— Prev. High. Low. 2:00. close. Atchison . .185’/* 184 Vi 185 184% Atl Cat L. .189 ... 188% 180,, B&O... 134% 123% 124% 124% Can Pacific 182% ... 182% 18.1% C&O ... 187 186 U 186% 186 C&NW.. 88 Vi 87% 88 87% C R I & P . 107 % ... 107 107% Del & Hud 211% 310% 211 Vi 200 Del & Lack .. ... . ... 166% Erie 55% 04% SoV 04% Erie Ist pfd 61 60% 60% 60% Gt Nor pfd 01% ... 91 91 Lehigh Val 125% 125 125% 120 % K 0 Southn 50 58 58 % 68’a L&N ... 143% 143 143% 141% MK&T..53% 51% 53 51% Mo Pac pf 106 *4 105 106% 105% N V Cent . 155% 154% 15-4% 154% NY NH & H 51% .51 % 51% 50% North Pac. 88% 88% 88% 88% Nor & Wn 186% 184% 185% 186% Pere Marq 130% ... 139 Vs 130% Pennsy ... 65 64 % 65 64 % Reading . 123% 121 121 Vi 121% S Railway 139 128 128% 129% So Pacific .116 114% 115 114 V, St Paul .. . J-4% ... 14% 14% St Paul pfd 24% ... 24% 24% St L & SW. 80 ... 70% 79 Vs St L& S F 114% .113% 114% 113% Union Pac 178% ... 178% 178% Wabash ... 76 % 74 % 74 % 76 % Wabash pfd ~ 97% Rubbers— Ajax 9Vi ... 9*4 0% Fisk 17% 17 17% 17 Goodrich . , 57% 57 57** 57% Goodyr pfd 117 116% 116% 116% Kelly Spgrfld 23% 22 23% 21% U S Rubber 52% 50!, 52 50% Equipments— A C and F 108 % .. . 108 Vi 109 Amer Loco 115 114% 115 115 Am Stl Fdy 44 % ... 44 % 45 % Bald Loco .224 221% 222% 231% Gen Elec . .103% 103% 103 102% Lima ... ... 70 Vs N Y Airhrk 46 ... 45% 45 % Pres Stl Car . . ... ... 58 Pullman ..102 ... 191% 193 Wsth A B 170% 168% 170% 168% Wsth Elec 77 % ... 76 % 76 % Steels— Bethle .... 50 % 50% 50 Vi 50% Colo Fuel.. 88 % 87% ■ 88 % 87 Vi Crucible .... 87 Gulf St Stl 51 % ... 51 % 52 Inland Stl. . 46 45% 46 46 Ph R C & I 43 ... 43 42% Rep Stl... 09Vj 68 60Vi 67 Sl-Shef 130 U S Steel 175% 173% 175% 173% Alloy ... ... 21 % Vanadium.. ... ... 45 Motors— Am 80. ... 14 ... 14 14% Chandler ... ... ‘*2% Chrysler ... 47 46 46 Vi 46 Con M 0.... 12 H% 12 12 Dodge 23% 22% 23% 22% Gabriel ... 42 % 42 % 42% 42% Gen Mo ..107% 195% 197 105% Hudson ... 84 % 82 % 84 82 Hupp 20% ... 20Vi 20% .Jordan ... ... 17 Mack 66 65% 65% 65% Packard... 36% 36% 36 Vi 36% Peerless ... 27 % .. .- 27 % 27 Vi Pierce Ar . . 17% 17 17% 17 Studebaker. 52 51 Vi 52 52 Stew War. . 63 ... 61% 62 Timken ... 00 08% 90 08% Willys-O .. 20% 20% 20% 20% White Mo.. 47% ... 47% 4S Mining— ' Am Sm ..162% 158% 162 150 Anaconda.. 46% 45% 46% 45% Cer De Pas 60% ... 60% 60 Inspir „■ ... , ... 15% Int Nic. . . 75 . 73 Vi 73 Vi 71% Ketinec. .. . 65 . . 64 % 64% Tx G & Sul 60% 60 % 60% 60% U S Sm. . . 36 % ... 36 Vi 36 Vi Oils— At Ref ...112% ... 112 112 Cal Pete... 24% 24% qii Freep Tex 67 66% 67 67% Houston . .139% ... 138% 138% Indpt Oil.. 19% . . 10% 10% Marland C. 38 % 37% 38 38 % Mid C Pete 31 ... ;jl rll % P-A P (B) 58% 58% 58’ . 58 % Phil Pete... 44% 44% 44% 44% Union Oil.. 43% . . 4:51.. 4;,., Pure Oil ... ' •■h % Royal Dut. 40,V, ... 49% 49% Shell 38 ... 27 i* op 7 * Sinclair ... 17% 17 17 1714 Skelly 27% 27% 37% 3712 S O of Cal 54 % 54 54 % 53 % S O of N J 37% 37 37 ;if SOofNY 30 Vs . . 30 % 30 % Texas Cos.. . 48 % 48 % 48 % 48 Trans Pete .6 ... 5 % 5% Industrials— Ad Rumely ... ... jo 14 Allis dial 109% 100% 100% 109 Vi Allied Ch.. 141 143 143 143. 4 Arm (A).. 10% 10 10% 104 Amer Can. 50% 49% r,o 40% Am HL. . . 10% 10 10 4 Am H L pfd 60 % .. . 59% 60 % Am S Raz ... . . 40 Am Wool. 18 Vs 17% is 17% Central L.. 16 ... 16 IRE Coco Cola.. 114% ... 114% 114 4 Cont Can.. .68 ... 68 68 Dav Chem. .33 ... 33 33 Dupont ... 247% 246% 246% 246% Fam Play 100% 109% 100% 108% Gen Aephlt. 76 % . . 76 % 76 Int C Engr 48 6% 46% 48% Int Paper.. 40% 4040 40 4 Int Harv.. 182% 182% 1827, 182 May D Sto. 72% 72 72%' 73 % Mont Ward 68 ”, 67% 68 68 Nat Lead.. 06 % ... !>6 7 S 07 Owpii Bot.. 78 % ... 78 % 78 7; Radio .... 48Vs ... 48% 48% Real Silk.. 35% ... 35% 35 Vi Rem Type .42 ... 43 41 % Sears-Roeb.. 55 % ... 55 55 % United Drg 174 . . 174 174 230 5<l 340 '* s s* U S Ind Ale 76 s , ... 76 77 Woolworth 144% ... 143% 143% Utilities— A T and T 160 % ... 167% 1167 Vi Am Exprss 130 % 138 Vi 139% 138 Am Wt Wk 85 ... 85 84 Brklyn Man . . ... ... 63 Col G and E 98% 07% 08% 07% Cons Gas .105% 103% 105 103% Jn ter boro ... ... ... .TO No Am Cos. 50 49% 50 40% Peoples Gas . . ... 140 Phila Cos ... . ! . ! jna St G and E 61% 58 Vi 60% 50% Wn Union.. .. ... ... 163% Shipping—- -> m In* Cpn 49 % 40% 49% 49% Am Sand C . . ... s ® Atlan Gulf 40% IntM Mpf 54 51% 54 51% Untd Fruit .. ... .., 434 Foods— AmerSug.. 0." ... 05 me Am Bt Sue. 33% 2.3 03% °3V Austin Nieh 5 ... 5 "4 £' Beech N Pk . . . 4 * Calif Pack 04 Corn Prods 57 Vi 56% 56% 57% Cuba Cn pf 42% ... 42™ 42 7 Cu Am Sug 24% 24 24% 24% Na Biscuit ! ! T ’' ’ 132 Punta Aleg . . ... ... 40 V 6 Postum ... mu* Ward Bk B 22% ... 22% 33% Tobaccos— Am Sumat. 62 % ... 63 % 53 %
Local Wagon Wheat
.„ Lt vr al Vain elevator* are paying $1.39 for No. ~ red wheat. Other gradea are purchased on their merits.
Commission Row
PRICE TO RETAILERS FRUITS Anpics—-Box apples - Winesaps. s3® fancy barrel apples—Ben Davis. Sll'M*. Fancy barrel apples—Ben Davis. $3 @3.00. Basket apples. 40-lb. basket— Ben Davis, $1.25® 1.50. Bananas—s®6c lb. QfiPtaloupes—California standard crate. $3 50 ; P ° ny CratC ' Ss ' 6o; flal crates ’ (g'Chwrto. California. $4.50 @5 box Grapefruit—Fancy. $3.75 0 4. Lemons—California. 55.75 0 6. lames—California, $3 per hundred, 'lyilfcs—-California Valencias, crate. [email protected]. Pineapples—Cuban—s3.so @4 crate. Strawberries—Tennessee. $4.60 0 5 24 ats VEGETABLES Q Asparagus —H. G. fancy white. 60®90c doz.; green. $101.25. _ Beans—Louisiana stringless. $2.25® 2.50: Louisiana pole. [email protected] per hamper. Beets—Louisiana. $2 per hamper. Cabbage—-Mississippi. $8 crate; Virginia, half-barrel. $4.25. Carrots—California. $2 bu.; Louisiana. $2.50 hamper. Cauliflower—Crate, [email protected]. Celery—Florida. 3 and 4-doz crate, $6; Mammoth (washed). $1.50 01.75 doz. Corn—Texas. $1.50 doz. Cucumbers—Hothouse, $1.50 doz. Eggplant—Florida. $1.50 @2 doz. Garlic—California. 12V4c lb. Kale—H. G.. 90c bu. Lettuce—lceberg, ort.. $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., $0.50. Onion Sets—Yellow, $2.75 bu. Parsley-—H. G.. 50c per bunch. Peas—California, $2.50®3 hamper. Potatoes—Michigan whites. 150 lbs.. $6: Russet Burbanks. 160 lbs.. $4.50: Idaho bakers. $4.50 box: Triumphs. 100 lbs.. $5.50. Quash—Mississippi. $1.50 hamper. Radishes —H. G.. long red. 25@45c; hothouse buttons. 40® 50c. Rhubarb—H. G.. 30c doz. Spinach—Texas. 85c bu Sweet potatoes—lndiana Jerseys, bu., $2: Nancy Halls. $1.50 hamper. Tomatoes—Six-basket crt„ $3.6005.50.
Amer Tob. ... ... ... 135% Am Tob B 136% 135% 135 134 Cons Cigars .. ... ... 80 Gen Cigars. .. ... ... 61% Liggett . . . . ... ... 115 % Lorillard 38% ... 28% 38 Vi R J Rynlds 136% Tob Pro B 102% 101% 102 102% U C Stores. . . ... ... 101 Vi Schulte R S 52% ... 51 Vi 62
In the Sugar Market
(By Thomson & McKinnon) NEW YORK. May 31.—Intimations that Cuban producers plan to flood the world sugar market next year and undersell competitors, make the most interesting reading we have had in weeks with regard to the sugar industry. The story is that American tariff policies as they apply to Cuban sugar, displease the producers there. It seems to me the market is prepared to withstand any selling which such a story might cause, but I would advise confining purchases for the time being to reees--sions.
In the Cotton Market
(By Thomson & McKinnon) * NEW YORK. May 31.—1 was all for buying some cotton on Friday, and the price was all right. too, during the morning. It will cost more today, but it is worth it. I see they are having high tempaturee in West Texas. As Texas goes, so does the crop” is about good a cotton maximum as I' know of.
NORTHWEST TO BECOME OUR MECCA Bu United Press NEW YORK. May 31.—The Pacific Northwest is destined to be the future center of world prosperity and culture according to a survey of the “scientific probabilities" made by Dr. J. Russell Smith, professor of economic georgraphy at Columbia University. Discussing his conclusions in an interview published by the American Magazine, Dr. Smith explains: “The more one studies the factors that have produced flourishing civilizations, the more unbounded becomes his confidence in the future of the area extending 400 miles along the Pacific coast of Oregon and Washington, and including the cities of Seattle, Portland, Tacoma, Evebett, Bellingham, Vancouver and Victoria. "Basing my assertion on past history and on economic and industrial conditions of today, it is here that I expect American cilization to reacii its maximum. I expect this area to outstrip New York, overcoming soon the advantage which the metropolis has had of an early start. “In the Northwest of which I speak, I anticipate that, man. for man, Americans will eventually realize their greatest achievement, almost certainly their greatest physical achievement, perhaps their highest mental achievement in science, literature and the arts.” 1 *One Drink* Tickets Cause Liquor Arrest Did you get your ticket? That v, f as the watchword at a downtown hotel Monday—until police got busy. It seems police got hold of one of the tickets. The ticket called for “one drink" in a room on an upper floor. Sergt. Ed Deeter ancf his squad of liquor raiders went to the room and instead of collecting one drink, as called for by the ticket, they collected the entire pint bottle found on the person of Charles Saylor Morris, 23,*0f 813 Maple St. Also, Morris was “collected" and booked at police headquarters on charges of operating a blind tiger. HOUSEKEEPER KILLED Roomer Is Sought in Two Minder Probes. BUFFALO, N-. Y. ( May 31. Chaarles Harrison was sought today for questionfng in connection with the murder of Mrs. Jennie Randolph, a rooming house keeper, who was beaten to death and her body hidden under Harrison’s bed In her home. Police said they believed Harrison also was wanted in Portland, Ore., where he was known as Adrian Harris. A reward of $2,500 has been posted in Portland for the capture of Adrian Harris, wanted for killing Mrs. Blanche Myers, also a rooming house keeper. Dog Battles Bull ALBERT LEA. Minn.—Seeing his master attacked by an enraged bull, a Scotch collie seized the animal's tail, hung on so tenaciously that the bull turned and vent his fury on the dog. After a fifteen minute struggle in which the bull was driven off, the collie, badly gored, crawled to where his master lay unconscious. Two Held in Liquor Case Sam Pendygraft, 1795 Perkins Ave., and James Jacobs, 1801 Perkins Ave., were held to the Federal grand jury under bonds of $5,000 today when arraigned before a United States commissioner on charge of violation of the national prohibition law. White River Yields Body Bu United Press COLUMBUS, Ind., May 31.—Local officials were attempting today to identify the body of a man lodged against a drift in White River. Indications were that the body had been in the stream at least ten days. Veterinarian Dies Bii Times Special ' NEW ALBANY. Ind., May 31. Acute indigestion caused the death here last night of Dr. Louis B. Wagner, 80, veterinarian. He was found dead in his room. Beauty culture is an old art. In ancient Rome - women -dieteH to reduce. wore light corsets, used false teeth and false nair.
THE INDIANAPOLIS TIMES
Vealers Strong to Higher— No Change in Other Livestock Prices. > —Hob Frlce Range— May Bulk. Top. Receipts. *;.*{. 9.35® 9.90 10.01 6.500 24. 9.00® 9.65 0.75 10.000 25. 8.90 6 9.55 9 55 9,500 26. 8.75® 0.50 0.55 7,500 27. 8.75® 9.55 9.60 7.500 28. 8.75® 9.50 9 60 5.500 31. 8.75® 9.50 9.60 12,500 A large run of porkers, 12,500, arrived at the Indianapolis stockyards today and were offered on a generally steady market. In early trade a few loads of lights were a slight shade lower. Most sales were at [email protected], with a few lightweight animals bringing $9.55 and $9.60. Holdovers from Saturday were 200. Hog Price Range The main quotations were listed on anew weight division. They were 160-215 pounds, [email protected], some up to $9.60; 215-250 pounds, [email protected], and 250 pounds up. [email protected]. Pigs were $9.25 down and packing sows, sß<g'B.7s. Cattle trade was generally steady, receipts amounting to 1,60(1. Beef steers went at beef cows, $6.75@9: low cutters and cutter cows. $4.25®5.75: bulk stock and feeder steers. [email protected]. Improved Tone The calf market was strong to higher, the bulk of the 1,000-head lot selling at $11.50 down, while best vealers maintained a top of sl2. Prices were fully steady in the ovine department, 200 sheep and lambs forming the run. Spring lambs were largely sls and $15.50 and ewes were $5.50@7. Bulk fat lambs were [email protected], and bulk cull lambs, $S@lO. —Hogs— Receipt*, 12.500: market steady. 90 130 lbs $8 75® 9 25 130-160 lbs 0 00® 0.50 160-200 lbs 0 25® 960 200-250 lbs 0 15® 9 ->0 250 lbs. up 8.75® 9.25 —Cattle— Receipts. 1.600; market steady Beef steers $9.25® 10.85 Bulk stock and feeder steers. 7 25® 8 50 Beef cows 6.75® 900 Low cutters and cutter cow*. 4.25® 5.75 —Calve*— Receipts. 1,000: market strong to higher Beet vealers sll 00® 12 00 Heavy calve* 6 00® 9 00 —SheepReceipts. 200; market steady. Receipt*. 500. sheep, steady, lambs, lower. Top fat lambs sls 50 Bulk fat lambs 12.50® 15 50 Bulk cull lamb* 8 00610 00 Other Livestock Bu United Press CHICAGO. May 31 —Cattle—Receipts, 10.000. ted steers and yearlings, strong to 25c higher than last weeks <lose: fat cows, grassy killing quality considered, slow but steady: vpalers steady to 25c lower: othu- classes unchanged, best fed steers. sl3 60: yeaning*. sl2: bulk. $9.75 in 11 35: Stockers and feeders. $8.75®0.50: weighty medium bull*. $7 25® 7.40: light vealers. $0.50® 11: choice shipper kinds. sll 50® 12. Sheep—Reel pts. 13.000: fat lamb* opening 1 airly active, strong with Friday: best California pring lamb* held abovp $16.50 most early sales medium California lambs at $15.50; several lots good native springers. sl6; culls. $12.50® 13: few medium dipped lainhs ground $13.50; best held around $1 1.75: she. p steady: good California ewes, early at $6: asking around $7 for choice lightweights: feeding Isnc s unchanged good California feeding spril.g lambs up to $13.25. Hogs —Receipts. 48.000: market generally steady with Saturday: heavyweights. $8 B.i ®9.50: mediumweights. $9.29® 0.80: lightweights. $9.30® 9.8 o: light lights. $9.15®0.70: parking *ows, $7.8563.50. slaughter pigs. $8,756 9.50. Bu Times Special LOUISVILLE. May 31—Hogs—Receipt*. 700: market steady: tops. $0.45 Cattle—Receipts. 100: market steady. CalvPs—Receipts. 200: market steady: good to choice, $8.50® 10.50; medium to good. $608; Out*. $6 do wo. Sheep—Receipts. 800: market steady: springers. sl6; •econds, $12.50; sheep. ss®d. Bu United Priss EAS’I BUFFALO. May 31 —Hogs—Re eeipts. 0,000: holdovers 016; market steady to 10c higher; 250 to 350 lbs . $0.25 ® 0.60: 200 to 250 lbs . $0 50® 10.10: 160 to 200 lbs.. slo® 10 25; 130 to 160 lbs.. slo.lo® 10.25: 00 to 160 lbs. $10.15® 10.35: packing sows. $8.25® 8.75. Cattle-4-Reccipts. 1 000: calves. I. market for calves 50c higher, cattle 15® 25c higher: beef steers. $10.50® 11. light yearling steers and heifers. $10.75® 1J .25; beef cows. s7®B; vealers. $12.50 ® 13. Sheep—Receipts. 1.600: market steady to 25c higher: top fat lambs. $14.25: bulk fat lambs. sl4® 14.25: hulk fat ewes. $10.50® 11; bulk feeding lambs, $6.50® 7. Bu United Press PITTSBURGH, May 11—Hogs Receipt*. 4.000: market 10® 25,- lower: 250 to 350 lbs.. $8.75® 0.25: 200 to 250 lbs., $9.25610: 160 to 200 lbs.. $10610.20: 130 to 160 lbs . slo.lo® 10.20; 00 to HlO lbs. $10.10®'10.20: packing sows. s7® 7.75. Cattle-—Receipts, 800: calves. 1 600: market steady to easier beet steers. $10.50® II 75- lirht yearling steers ami heifers. $8.50® 9.50: beef c ows. s7® 8.25: low cutters and beef cows. $.9.50 @5; vealers. sl2® 12.50; bulk stoeker and feeder steers. ss®. 11. Sheep—Receipts, 1.200. market steady: weth-'rs. $7.7&: top fat lambs. sl4: bulk fat ewes, $6; bulk feeding lambs, $lO. Bu United Press CLEVELAND, May 3. —Hogs—Receipts. 4.800; market, steady; 250 to 350 lbs.. $0®9.75: 200 to 250 lbs.. $0.75® 10: 160 to 200 lbs.. $9,866(10: 130 to 160 lbs.. slo® 10 15: 00 to 160 lbs.. slo® 10.25: packing sows, $7.75® 8.25. Cattle—Receipts. 700: calves, 800; market, steady: beef steers, $9.50® 10.50; light yearling steers and heifers. slo® 10.75; beef cows. $6.75®8; low cutter and beef cows. $4.50 @5.75; vealers. $12.50® 14. Sheep—Receipts. 1.200; market, steadytop fat lambs, $14.50; bulk fat lambs. 513.50® 14; bulk fat ewes. slo® 12; bulk •feeding lambs, $4.50®?. Bu United Press TOLEDO. May 31.—Hogs—Receipts. 7o0: market 10c higher; heavies. $8.8.-,® 9.26; mediums, $9.16 69.50; Yorkers, 89.50® 10.25: good pigs. $9.756 10.25. Calves—Receipts, 150: market steady. Sheen and lambs—Receipts, light; market steady. Cattle—Receipt*, light; market steady.
FLOWERS CAST ON SEA Rotarians, En Route to Europe, Hold Memorial Services. ABOARD THE S. S. CARONIA, en route to Europe, May 31. —(By wireless to the United Press)—The 470 Rotary Club members travelling on the Caronia to their convention abroad, celebrated memorial day by casting thousands of flowers on the sea. The Caronia's contingent of Rotarians includes 120 from Ohio, thirty-five from Illinois, thirty-six from Colorado, seventeen from Louisiana and small delegations from other States. STOUT FIELD POPULAR Fifteen Planes Landed at Guard Airport With Race Visitors. Fifteen planes carrying race visitors landed at Sout Field, Indiana National Guard airport at Mars Hill, according to Lieut. Lawrence Aretz. Some planes carried four and five passengers, while other pilots were alone. H. C. Dodge of the Dodge Brothers Motor Car Company, Detroit, was one of the flying visitors. Yellowley Here E. C. Yellowley, prohibition administrator for the Indiana. Illinois and Wisconsin district, paid an of--fldal visit to Indianapolis today. Yellowley spent the day with George Winkler, local prohibition chief.
WHEAT ADVANCES BEYOND 2 CENIS ON CH|CAGO MART Bullish Tone in Accord With Foreign Grain Centers Monday. Bu United Press CHICAGO. May 31—Sentiment In wheat continued decidedly bullish on the strength shown yesterday in Winnipeg and on the sharp advance at Liverpool today, and prices on the Chicago Board of Trade continued skyrocketing, opening 1% to 2Vi higher than the previous close. However, part of the gains were soon lost on selljng brought on by the decided improvement in weather conditions over the American and Canadian grain belts. A highly nervous market with sharp fluctuations is looked for unless the weather takes a change for the worse. The visible supply statement is expectoed Jo show a reduction of around 2,0 0,000 bushels. Corn opened unchanged to *sc lower and declined further during early trading, better weather over the belt being the main bearish factor. Although the, season is several weeks late, it is quite generally believed a fair crop can be produced with the proper quality of seed corn. Oats showed more strength than corn and opened unchanged to lc higher. The season for oats is later than for corn and a marked decrease in acreage is predicted. The visible supply is expected to show a big decrease. Provisions opened lower. Chicago Grain Table —May 31 WHEAT— Prev. High. Low. 12 00 close. May 1.56% 151 1.53% 1.53% July 151% 1 48*. 1.40% I*o% September ..1.49% 116*. 147% 147% CORN— May .98% .96% .98% .08% July 101% 99% 1.01 imi, September ..104% 102% 1.01 1.04% OATS— May 52% .51% .51’, .61”, July 54% .52% .53% .53% September .. .54 .51 % .32% .52% RYE— May 121 119% 118% 119”, July 1.18% 115% 1.17 1 16% September ..111% 1.08% 109% 1.09 LARD— May 12.92 12.75 12.75 12.07 July 13.00 12.75 12.85 13.00 Septemlier ...13.20 12.96 13.05 J 3.20 RIBS— May 12.60 July 13.00 13.00 12.87 Bu Times Special CHICAGO. May 31 —Carlots: Wheat. 10(1; corn. 71; oat*. 63: rye, 2. Bu Times Sprrial CHICAGO. Mav 31 —Primary receipt*: Wheal 1.656.000. ru-if® 1 133.000 corn. 1.808,000: against 2.186,000 oat*. 61 1 000. atriuiM 9J4 non. r-hiprm-nt* Wheat. 502.000. again*! 259.000: corn. 431 non against 467,000: oats. 403.000. against 538.000
MOST ABLE Ml AS CITY MANAGER (Continued From Pago 1) to the main consideration of giving the people, as a whole, the sort of streets, police and fire protection, parks and playgrounds, community houses, health protection, health education, hospital program and other varied municipalities that they need. Not on Machinery The city manager form of government will place the emphasis on administration, rather than upon the machinery of getting elected. The biggest stake in city politics at present is the question, which of several groups of politicians shall be in power. The service under our various political groups as now constituted does not differ very much. The municipal politician is an expert in only one field, namely, how to get elected. He has to spend so much time, energy and money getting elected, and has to be so adroit in his technique of personal preferment, as respects elections, that he can he expected to know little or nothing about what to do after he gets into office. “The city manager movement will, by virtue of the bloodless revolution which it represents, give us a municipal personnel that can be expected to know something about how to operate government. The hope lies in the prospect that succeeding administrations will demonstrate the attractiveness of this type of government to a large proportion of the voters, and will be permitted to concentrate on the actual service that city government implies. One of the features that will help in electing good people is the short ballot. The present city ballot is so long and complicated that intelligent choices are almost impossible. No Significance “It has been suggested that going back to the convention system of nominations would help to solve this problem but the convention system is hased upon party organization. Party organization has no significance for municipalities. The contrast is not between the philisophy or personnel of one political party as opposed to another. The contrast is between those who believe in the spoils system in all parties and those in all parties who believe in the service system. “The manager form involves a concentration of responsibility which makes it more difficult for responsibility to be avoided and the public confused as to the place in which the real responsibility lies. In addition to all of these important considerations. the manager form means the introduction of professional service into municipal affairs. We depend on professional service for our effectiveness of engineering, medicine, law, social work and scientific progress." Winfield Miller will speak tonight before the Butlcr-Fairview Civic Club at the Fairview Presbyterian Church. Charles F. Coffin, executive chairman, will discuss the manager movement tonight before Modern Woodmen at 322 E. New York St.
MURDER WITNESS WALKS A MILE IN SEVENJNUTES? Woman's Stories Conflict in Detroit Doctor’s WifeSlaying Trial. Bu United Tress DETROIT. May 31.—The State's attempt to prove that Mrs. Grace Loomis, wife of Dr. Frank R. Loomis. had been attacked prior to 9 p. m., Feb. 22, was dealt a blow today by its own chief witness, Mrs. Thomas Blockson. Prosecutor Robert M. Toms, directing the State's effort to convict Dr. Loomis for the slaying, admitted he hoped to prove Mrs. Loomis had been heard to “groan” and “scream" before 9 p. m. when the doctor told police he left the house. Interview Admitted Mrs. Blockson today admitted she had give® an interview to a Detroit newspaperman saying she was at Grand River and Wyoming Ave. seven minutes before 9 p. m. If this statement was true, she admitted. it was impossible for her to travel the mile from there to the Loomis home before 9 p. m. Terrible Screams Mrs. Blockson recounted getting off a street car and walking to the Loomis homo with her husband. She said they heard low groans when about 200 feet from the Loomis home and when they arrived across the street that there tvas a “terrible” scream and a crash of glass.
LINDY DECORATED BT ENGLISH KING (Continued From Page 1) States aboard a warship or a liner. His program today included an Aero Club banquet, A Swedish festival and banquet and the Derby ball. Off Front Page The young American aviator found himself crowded off the front pages yesterday for the first time since he dropped down on Le Bourget Field, Paris, a week ago last : Saturday. Public interest in the i Derby and the British government's action in sending warships to 1 Egypt, caused two out of three London afternoon newspapers'to relegate him to inside pages. Lindbergh suffered here his second public feminine emhrace since he reached Europe when a pretty woman of 30 dashed from the crowd and thrw her arms around the 25- | year-old flier as he walked from the American embassy to a waiting motor car with Ambassador Houghton. Lindbergh dodged her kiss. He told newspapermen he had d< finitely cancelled his proposed trip to Sweden and said that when he left London he would fly to Paris and embark from France for America. Lindbergh will be the guest of Lord Lonsdale at the Derby tomorrow. I.indy Lauded The dignified lobby of Claridge's Hotel echoed with the applause of forty fashionable dressed young women who elbowed each other for glimpses of Lindbergh today when he was leaving the luncheon tendered by the Air Council. Sir Samuel Hoare. the air minister presided at the luncheon. He described Lindbergh as follows: “He is the pilot who has broken the world's record and a worthy representative of our dose friends and war allies, the pilots of the United States. He is a young man who embodies the spirit of adventure which lights up the world with a flash of courage and daring and I am glad to say with success." The iunrheon guests included virtually all the leading air officials of London. Including the air council, comprising Sir Samuel, Sir Philip Sassoon, Air Force Marshal Sir Hugh Trenchard, Air Vico Marshal Sir John Higgins and Sir Walter Nicholson. The air ministry and the royal air force were represented by Air Marshal Sir John Salmond, Air Vice Marshal Sir John Steel, Air Vice Marshal Sir Sefton Brancker and others. Lord Thomson, former air minister; Charge D’Affaires Frederick Sterling of the American embassy, Baron E. R. Palmstcirna, and the Swedish minister were present. Attends Commons Captain Lindbergh visited the House of Commons today with Lord and Lady Astor and was introduced to the English tea. habit while there. "Well done, laddie." said David Kirkwood, Laborite, who is one of the most outspoken of the extremists labor members, “you have done something worth while which few of us can say." As the party walked through a corridor. Sir Martin Conway, M. P., and a famous Alienist, came along. “What’s all the fuss about?" asked Sir Martin. “There’s a chap who has just flown across the channel." replied Lady Astor, jokingly. "Really?” replied Sir Martin and passed on having failed to recognize Lindbergh. Visits Baldwin United States Ambassador Alanson B. Houghton was at Southampton preparing to board a liner for a brief vacation in tffic United States, and Sterling, charge d'affaires, accompanied Lindbergh. Lindbergh also paid a brief visit to Premier Baldwin at No. 10 Downing St. Jt was after this that he was received by the Prince of Wales. The audience with the King lasted about twenty minutes. King George always has been interested in flying. His majesty questioned Lindbergh fully about the' trans-Atlantic flight and his eyes lighted with admiration for the daring and stamina of the hero whose lithe figure towered above the ruler of Sr empire covering a quarter of the globe's land area. The difference in height necessitated Lind-
* Held as Killer of Honest Officer
Charles Coffey of Chicago, held for the slaying of Samuel Mapes, 26, a Michigan State policeman, shot Mapes, according to his confession to police, because the policeman refused a S3OO bribe after lie caught Coffey with a load of Canadian beer on a State highway. Coffey's statement says be shot to escap£
bergh bowing especially low in greeting the king. Several hundred of persons braved the drizzling rain to wait several hours before the grilled gates to the outer palace yard for Lindbergh's arrival. DIPLOMATIC MOVE Too Many Nations Want to See Lindbergh. Bu United Press WASHINGTON, May 31—Fear of diplomatic complications has caused Ambassador Alanson B, Houghton in London to urge Charles Lindbergh to return home immediately, it was leattied here authoritatively today. Most of the foreign diplomats in London want Lindbergh to visit their countries, and if he should visit some, and not others, much hard feeling would result, it Is said. Using this argument. Houghton persuaded the flier the best interests of his country require that he decline further foreign invitations and return to New York. Houghton took responsibility for this friendly interference with Lindbergh's plans without consulting the State Department, though he later notified Washington of his action, it is understood.
ROAD MEN NOT CHAMPS AT LOAFING Highway Laborers Only Rest 11.9 Minutes in Each Hour. LONDON. May 31.—The Industrial Fatigue Research Board have dispelled the belief of the average hondonet, that the road mender takes the longest rests between his spasms of activity. Rest periods taken by manual workers every hour, was the unique task the Board set themselves -to discover, their investigations revealing some very interesting figures. The road mender, whose activities always draw a curious throng of onlookers rest 11.9 minutes and works for 48.1 minutes in every hour. His average rest lasting about one minute. Workers engaged in rolling tinplates head the investigators list with average rests varying from 14 to 28 minutes every hour. Pitch loaders are a close second with 22 to 26 minutes rest per hour. Miners take rests according to the atmospheric conditions they are working under, rests usually ranging from 7 to 22 minutes each hour. The number of minutes of rest per hour taken by other classes of manual workers are as follows: Ploughman 14.6 Dock laborers 11.9 Bricklayers 11. l Farm laborers 8.1 LAKE SEAPORTS URGED Waterway Improvement Increase Wheat Price. Bu Unite,/ Press NEW YORK, May 31.—The price of wheat at Chicago would be increased twelve cents a bushel by the improvement of the St. Lawrence waterways system allowing sea going vessels to call at Lake ports, according to a survey conducted by Farm and Fireside. Previous estimates of this figure have ranged from nine to sixteen cents. The price of wheat is fixed at Liverpool and the price at Chicago is the Liverpool price minus the cost of transportation to Liverpool. BONES VERY~ BRITTLE Girl Suffers Fractures; Puzzles BmUrti. BURTON-ON-TRENT, Eng., May 31. —An eleven-year-old girl here, the daughter of a miner, is puzzling medical men who have come from all parts of England to study her case. Her bones are so brittle that they break easily and she has alracdy suffered seven bone fractures, five to her legs and two to collar-bones. She spent two years in a local infirmary, but had been discharged as cured several weeks ago. Two weeks after she A’as discharged she stumbled and fractured a leg-bone again. Another Dog Stolen Police today were asked to search for thieves who stole a $l5O English setter pup from Mrs. Pat Harlan, 2915 N. Capitol Ave. It was the second valuable dog stolen during the holidays. African pygmies have strict marriage laws. When a wife dies or is divorced the husband loses a finger at the first joint, , _
PAGE 13
WEE ROCKY CREEK EQUALLY SQUARE TOBOTHOGEANS Aspiring Catfish May Cross U. S. in Only Continuous Water. CHEYENNE. Wyo., May 31 Eight thousand feet up in the Rockies, riding astride the Continental Divide, is a tiny creek that play3 fair to both oceans. Jim Bridger, grizzled scout and trapper, wandering in a Wyoming valley nearly a century ago, found this fair little stream that believes In dividing its crystal waters fiftyfifty between the Atlantic and Pacific. Part (o Ear’i Part of this impartial creek goes bouncing out of a canyon toward the Pacific; part of it rushes to the Mississippi and even now may be lapping at the roofs of submerged houses in the flooded Mississippi valley. Nearly a million Americans hate visited Yellowstone Park in the last eight years. But probably not a thousand of them know that a few miles south of the park babbles TwoOcean Creek. Joining the Atlantic and Pacific by water. In .Mountain Ridge The creek rises in a mountain i idge south of the park boundary and bounces out of its narrow canyon into a timbered delta of rocks at the head of a V-shaped valley which slopes gently toward each ocean. The canyon in which the creek ts born slopes southwestward straight as an arrow toward Pacific creek and the Snake River beyond, as if Mother Nature confidently intended its waters to seek the great Columbia and the western sea. Overflowed Channel But one day the boisterous littlo creek overflowed its channel. A new torrent darted southeast, eating out a terraced path around the bar.'> of the mountain. Then bewildered, the ei rant half of Two-Ocean creek was whisked away into the descending valley of Atlantic creek, destined for the Yellowstone, the MissouriMississippi and the Gulf of Mexico. So, Mississippi river catfish who ! contemplate a vacation trip to the: | Pacific coast this summer and who don't mind the difficulty of climbing a few adverse waterfalls, should re- ! member that Two-Ocean Pass offers ; the only continuous all-water route ; across the Continental Divide, be- ! tween the Panama canal and the Arctic ocean. COURTESY REVERSED Customer Warned to Treat Ruszo Clerks Right. I Bu United Press MOSCOW. May 31.—1n Moscow stores, contrary to the American practice, the customer is not always right. Courtesy, so to speak, has been put on the other foot. Large placards have beep hung in conspicuous pluces warning "Customers, be police to the clerks."
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