Indianapolis Times, Volume 39, Number 30, Indianapolis, Marion County, 15 June 1927 — Page 14

PAGE 14

BETTER TONE SETTLES OVER STOCK TRADE Irregular at Opening, but General Motors, Nickel Plate Ahead. Average Stock Prices Average of twenty industrials Tuesday was 167.63. off 3.00. Average of twenty rails was 133.70. off 2.59. Average of forty bonds was 96.92, up .01. Bu United Press NEW YORK, June 15.—That the reaction in the stock market Tuesday was only a technical correction was shown in the better tone prevailing in early trading today. Stocks opened irregular, but leading issues which had been under pressure, notably General Motors, moved ahead in the first hour in active turnover. New York, Chicago & St. Louis (Nickel Plate) featured the rails, rising 4% to 119v*. Call loans renewed at 4U per cent. j Although Tuesday’s break was generally attributed in trading circles to a further increase in brokerage loans during the first week of June, many observers were convinced that the real explanation lay in the extent and duration of the preceding advance. This had proceeded for several months without a reaction worthy of the name. Heavy Margin Calls It had created an unsound foundation in the speculative structure, resulting in<a sharp decline on the first piece of unfavorable news. Margin calls were sent out in heavy volume overnight. However, brokers reported good response and forced liquidation in early dealings was relatively light. Asa result, the main body of stocks displayed a fairly steady tone around the previous closing levels. * Steel, Baldwin. General Motors and other industrial leaders were unchanged or fractionally higher. Rails also received good support. Baldwin Low Irregularity was in evidence around noon, apparently resulting from liquidation of support stock bought on Tuesday’s break. Baldwin and other industrial leaders dropped back to low levels for the movement. United States Rubber issues were weak. The perferred broke to anew low for the year at 92, off 2, on reports questioning the permanences of the $8 dividend on the issue. X However, it was brought out by this secondary reaction that many issues were in greatly improved technical position. General Motors acted well, holding the greater part of its earlier recovery. Interests sponsoring the stock were greatly encouraged by the performance on the setback. They withdrew bids when large offerings were thrown on the market. But selling was absorbed in good style without their assistance. One house alone liquidated about 70,000 shares. This was taken care of by demand from scattered sources. Banks and Exchange INDIANAPOLIS STATEMENT Local bank clearings today were $3,921,00C; debits. $6,905,000. NEW YORK STATEMENT Bu United Frees NEW YORK. June 15.—Clearings, $1,335,000,000; balances, $129,000,000. FOREIGN EXCHANGE fin United Press NEW,YORK. June 15.—Foreign exchange opened' Irregular. Demand sterling. *4.85 5-16, francs. 3.91 3 /8C; lira, 5.57 c, up ,01c; belga, 13.88%c; marks. 23.68 c. Pcoduce Markets Butter (wholesale price) Creamery, best grade, a pound. 44® 45c. Butterfat—Local dealers, 42®43c. Eggs—Strictly fresh delivered at Indianapolis. 15@16c doss. Poultry (buying prices)—Hens, large breed. 18@19c; Leghorns, 13® 15c; old roosters, 8@10c; springers. 2 lbs. up, 21c: 1% to 2 Tbs., 21c: Leghorn blacks and small, 17®18c; ducks. f3@lsc; geese, 9® 10c: guineas, 35c; turkeys, young toms, and hens, 23@25c; old toms, 20c. Bn United Press • CLEVELAND, June 15.—Butter—Extra In tubs. 43% © 45c; firsts, 40@41c; seconds, 37la@38Vic; packing stock, 28c. Eggs Extras, 24c; extra firsts, 23%c; firsts. 21® 21Vac; ordinary, 19%c. Poultry—Medium fowls. 240i25c; heavy. 2?©24c; Leghorns, !Bi@2oc; heavy broilers. 35c; Leghorn. 22 4r2oc; roosters, 14® 16c; ducks, 25® 28c; geese, 17® 18c. Potatoes-South Carolina stave barreled cobblers, best $6.7507.25; few at $7.50. NEW YORK, June 15.—Flour—Quiet and steady. Pork—Dull; mess, $33, Lard— Steady; Middle West. $13.05(013.15. Sugar -Dull; 96 test, 4.61 c asked; refined dull; granulated, [email protected]. Coffee—Rio No. 7, 14%c: Santos, i6%@l7c. Tallow—Quiet; special to extra. 7'/*@7 9 /BC. Hay—Weaker; No. 1, $1.25; No. 3. $1.0501.10: clover. $1 01.20. Dressed poultry—Steady: turkeys. 25 0 46c: chickens, 20 040 c; capons. 30046 c: fowls, 14@29c; ducks, 18@22c; Long Island ducks. 23 024 c. Live poultry Steady: geese, 10012 c; ducks, 12025 c; fowls, 20® 25c; turkeys, 25 0 30c; roosters, 13c; broilers. 20® 42c. Cheese—Steady: State milk common to special, 27@28c; Young America. 24Vi@25c. Butter—Easier; receipts, 30.612: creamery, 42V4c; special market, 42%043%c. Eggs—Steady; receipts, 34.006: nearby white fancy, 290 31c; nearby State white, 24028 c; fresh firsts. 220 23c; Pacific coast first to extras. 24©33c; western white. 22@26c; nearbv browns, 27@31c. Potatoes—Southern, $1.50 @6; Maine. $4.75®6; Bermuda. $4 ($7. Sweet potatoes—Jersey baskets, [email protected]. Bn United’ Press CHICAGO. June 15.—Butter—Receipts, 8,6'0; creamery. 39039%c; standards. 40c; ":sts, 36@37%c: seconds. 33®,35c: extras, Egg—Receipts. 12.053; ordinaries. 19 020 c: firsts. 20Vi@21 Vic: seconds. 18c; extras. 23c. Cheese—Twins. 23c; Americas. 23'ic. Poultry—Receipts. 5 cars; fowl*, heavy. 20c: springs. 33c; ducks, 23 @2sc; geese. 13c: spring geese., 23@25c; turks. 23c; roosters. 13Vic: broilers, 22c; Leghorns. 15c; Leghorn springs 24c. Potatoes —Receipts: Arrivals, new 42: old. lion track, new. 161: old, 31: in transit. 674. Oklahoma and Arkansas sacked Bliss Triumphs. $4.50@5: sacked Irish Cobblers. $4 <•' 4.40: Louisiana sacked long whites [email protected]. Sweet potatoes. $101.15. In the Sugar Market (By Thomson & McKinnon) NEW YORK, June 15.—Both refiners and producers arc jockeying for position, but cable news is more reassuring and it looks as if refiners would be obliged to enter the market shortly. The recent low levels are undoubtedly the result of unloading of distressed sugar, but this will he absorbed in due time and prices will readjust themselves to a more normal level. United Cigars to Meet Bn United Press NEW YORK. June 15.—United Cigar Stores Company of America toady called a special meeting of stockholders for July 18 to vote on a proposal to split common shares two-and-a-half for one. t 4

New York Stocks Cy Thomson & McKinnon - ~

—June 15— Railroads nigh. Low. Close, close. Atchison 180 V* 178 Atl Coast L.... 187 185 187 187% B & O 118 Vi 117% 118% 117% Canad Pacific.... .. ••• JZSJ.f C& O 179 178 178% 178% C& NW 87 "i 86% 87% 86% C R I& P 110% 109 110 108% Del & Hudson.. 220% 213% 220 212% Del & Lacka ... 165% ... I® B -? I*?® Erie 52% 52% 52% 52 1 /* Erie Ist pfd .... 58% 57% 58% 58 Gt North pfd ... 90% 90% 90% 90% Lehigh Valley .. 129% 129 129 127% K C Southern .. 54 % 53% 54 54% L & N 140% 138% 140% 138% M K <Sr T 51 % 49 V* 50% 49% Mo Pac pfd ... 105% 105 105% 105 New York Cent 154 150 153 150 NY.N H & H.. 49% 48% 49% 49% North Pacific 87 86-% 87 86% Norfolk & Wn.. 177% ... 177% 176% Pere Marq 130% 129 130 129% Pennsy 63% 63% 63% 63% Reading 117% 116% 117% 116% Southern Rv ... 126% 126% 126% 126% Southern Pac.. 113*% 112% 113 113% St Paul 14% 14% 14% 14% St Paul pfd 26 25V* 26 25% i St L & S W 79 ... 79% 76% St L& S F .... 114 112% 114 113 Union Pac 173% 172% 173% 172% Wabash 75% 74% 75 74% Wabash pfd .... 98% ... 98% 98Vs Rubbers— Ajax 8 ... 8 8 Fisk 15% ... 15 15% Goodrich 59V* ... 53% 53% Goodyear pfd .. 112% ... 112% 112 Kelly Spgfld 19% 19 19 % 19 U S Rubber ... 42% 39% 39V* 41% Equipments— Amcr Car & F. 104 ... 104 104 Amer Loco 109'* ... 108% 108% Am Steel Fdv 46% 46 46% 45% Baldwin Loco.. 216’.t 213% 216 214% General Elec.. 103% 102% 102% 102% Lima ... ... 65 N Y Airbrake... 47'% 46% 47% 46% Pres Sfeel Car.. 58 ... 58 58 Pullman 182 180% 182 182 West Airb 168% ... 167 169% West Elec 74 73% 74 73% Steels— Bethlehem 49% 49'4 49 % 49% Colo Fuel 85 84 84% 84 Crucible 86 ... 86 85% Gulf St Stl 51 Inland Stl 50 ... 49% 49% Phil R C & 1... 41% . 41% 41% Rep Stl 66 66 68 66 Sloss-Shef 124 U S Steel 121% 120% 121% 120% Alloy 29 *i Vanadium 47 46'4 47 46'% Motors— Amer Bosch ... 14 ... 14 14 Chandler ... ... ,21% Chrysler 48 46% 47% 47% Con Motor 11 % ... 11 11 % Dodge 20® S 20% 2015 20% Gabriel 43% 42% 43 42% General Mot ...198 196 197 196 Hudson 84% 82% 83 83 Hupp 19% 19% 19% 19% Jordan 17 ... 17 17% Mack 110'% lQgVi 109 109 Vi Martin Parry 17 Moon 8 7% R 7% Nash 64% 63% 64 63% Packard 35 34% 35 35% Peerless 26 25Vs 26 25% Pierce Arrow ... 15% 15% 15% 15V* Studebaker .... 50% 59% 50% 50 Stewart Warner. 63 61% 62 60% Timken 99% 98% 98% 98% Willvs-Overland. 19 18% 19 18% White Motor .. 45% 45 % 45% 46% 'r Mining— Am Sumat 158 186 156% 155% Anaconda 45% ... 45 45 Cer Dc Pas 59% ... 59% 60 Inspiration ... , 14% Int Nic 65V* 63% 64% 65% Kennecott 64 63% 63% 63 Tex, G & Sul .. 64 62% 63% 62% US Smelt 35% ... 35% 35% Oils— Atl Rfg 120 .. 120 119% Cal Pete 24% 23% 23% 24% | Freeport Texas. 73 70 72 i Houston 158Vn 153% 158 155 Indpt Oil 19% 19Vi 19% 19 iMarland C 36 35% 35% 35% I Mid C Pete 31% 31 31% 31 ! Pan-A Pete iß> 58% 58% 58% 59 Phil Pete 43% 42% 43% 42% Union Oil 43 Pure Oil 26% ... 26% ?6% Rovel Dutch ... ... 49% Shell 27% 27% 277. 27% Sinclair 17% 17 17 17 Skeilv 27% 27% 27% 27% S. O. of Cal 537* 53% 53% 54 S. O. of N. J 38% . 36% 36% S. O. of N. Y 30% 30% 30% 30% Texas Cos 48% 48 48 48 , Trans Pete .... 7 6% 6% 6% Industrials— Adv Rumely .... 12 13 12 12% Allis Chaim ....106 ... 108 105% Allied Chem ....140 139% 139’, 138% Armour (A) .... 9% . 9% 9% Amer Can 54% 51% 53% 537s Amer H L 10 Amer H L pfd.. 61 ... 61 61 Am Safety Raz 48 Am Woolen .... 18% 17% 18% 17% Central L ... ... 14% Coco Cola 1157a 115 115 116 Cont Can 69% 68% 69% 68% Cert Prods ... .. 53% Dav Chem 29% . 297a 30 Dupont 239 235% 237% 236% Famous Players 103% 103 103% 105 General Asphalt 76% 75% 76 75% Int O Engr 46 44% 45% 44% Int Paper 41 Vi 41 41% 40% Int Harv 177 174% 177 175 May D sta 69% 69% 69% 69Vi i Mont Ward .... 66 65 65% 65 1 Nat Lead .. 99% Owen Bot 77% 77% 77% 78% Radio 52% 51% 52 52% j Real Silk 30 Rem Type 42% 42 42% 43 Sears-Roeb .... 56% 557 s 56 55% United Drug 165% Unlv Pipe 28% .. .*. 27% 29 U S C I P 227 226* 226 226% U S Ind Ale .. ..76% 75% 76% 75% Woolworih 1407s 139% 140% 140 Utilities— Amer T and T. 166% 16674 166% 166% Amer Express 136 Amer W W 90% 39% 90 39% Brooklyn Man... 60% ... 60% 60% Col Gas and El. . 93% 927a 93% 92% Cons Gas 103% 102% 103% 102% Interboro 37 Vi North Am Cos ... 48% ... 48% 49 Peoples Gas 140 St Gas and Elec 61 60% 60% 61 % West Union ... 164 Vi 163% 164% 163 Shipping— Amer Int Corp.. 52% 5074 50% 51 Amer Sand C.. 4% ... 4% 4% Atlantic Gulf 38% ... 387* 39 Int M M pfd 47% 46% 47 46% United Fruit... 127% ... 127 128 Foods— Amer Sugar 88% 87 1 /* 88 Vi 87% A B Sugar .. 21 Austin Nichols.. 5% ... 5% 5% Beech Nut 51 Vi ... 51 Vi 52 Calif Packing.. 62 Corn Products... 55Vi 54Vi 54% 54% Cuba Cane pfd 38 Cuba Am Sug... 22Vi ... 22Vi 22% Jewel Tea 60 ... 59% 60 Flelschmann ... 54% 54 54% 54% Nat Biscuit 129% ... 129% 129% Punta Alegra ... ... 39Vi Postum 997* 98 Vi 99 98% Ward Bak B 17% Taboccos— Amer Sumatra.. 51 ... 507* 51Vs Amer Tobacco.. 133 Va ... 133% 136% Amer Tob B 133 1 /* Cons Cigars .... 77% ... 76Vi 77 General Cigars.. 62Vi ... 62% 62% Liggett 118 117% 118 117% Lorillard 30Vi ... 30 30'/* R J Reynolds.. 138 137 138 137 Tob Prod B 100% ... 1007s IOOVi United Cig St... 83 827* 83 83 Schulte R S 53% 51% 53Vi 51% In the Cotton Market (By Thomson & McKinnon) NEW YORK. June 15.—June Is the month the crop always looks Its best, so we will have to be careful about selling short. Tuesday was the proof of it. It was a fine trading market, but the locals entirely misread it. I frankly admit the extent of the advance amazed me. Building Permits Ella M. Neffe, garage, 1117 W. ThirtyFifth. S2OO. R. E. McCreary, furnace. 5749 N. Pennsylvania, $275. Henry Weese, repairs. 110 N. Arsenal. S2BO. Collins & Kendall, dwelling and garage, 5132 Guilford. $3,950. Vern Heardler. garage, 4248 Cornelius. $250. Ross Manly, garage. 1809 Prospect. *4OO. Louis Switzer, repairs, 1725 N. Meridian, $275. Fred Kertig. repairs. 2018 Grant. $230. William E. Rollinson, repairs. 5808 Oak $254. F. Baum, repairs. 321 Bancroft. $265. O. w - Hodges, garage. 248 S. Temple, S2OO. Bert Helerner, garage. 205 N. State, $350. Mary Ankenbrock, repairs. 205-07 Parkview. S7OO. Charles Koehring, garage, 270 N. Addison. $225. Willard Duncan, garage. 766 N. Belle Vieu PI.. $255. Dora L. O’Neill, repairs, 2821 E. New York, S7OO. Jotfn W. Thompson, repairs. 230-32 Hendricks PL. SI,OOO. Ella Johnson; repairs. 3102-04 E. New York. S4OO. Thomas O. Gam. repairs, 221-23 N. Eastern, S3OO. Thomas O. Gara. 225-27 Parkview. $350. R. E. Blake, repairs. 232 N. Temple, SSOO. R. E. Blake, repairs, 14 N. Hamilton, SSOO. Sarah H. Neehowe, repairs. 35 N. Hamilton. SI,OOO. A. F. Orcott, repairs. 409 N. Lasalle, *3OO Mrs. Rlstoria Rankin, repairs, 244 Eastern. SI,OOO. Patrick Ryan, repairs. 205-7 N. Randolph. S4OO. C. E. Utley, dwelling and garage, 271315 Boulevard PL. $4,400. B. Lloyd, repairs, 35 N. Hendricks Pl.. S2OO. J. L. Holloway, dwelling and garage, 5879 N. New Jersey. $4,500. Tj A. Radley, repairs, 527-29 N. Gray. Clara A. Johnson, repairs. 3818 Park. $2,000. H. T. Bennett, dwelling and garage. 1454 N. Euclid. $3,300. O. H. Patterson, repairs, 3546 E. Michigan, SSOO.

WEAKNESS IN PORK MARKET STILLJEIGNS Tone Generally Steady to 10 Cents Off, Some More — Lambs Drop Again. —Hog Prices Range— June Bulk. Top. Receipts. 8. 8.25478.75 8.85 8,500 9. 8.50479.00 9.00 6,000 10. 8.65(u9.10 9.15 7.000 11. 8.750 9.35 9.40 3.500 13. [email protected] 9.40 6.000 14. 8.75(0.9.25 9.35 9,000 15. 8.7509.15 9.20 8,500 Following the declining tendency of Tuesday, the hog market today was mostly steady to 10 cents lower on the hundredweight. In spots it was off 20 cents, moving sympathetically with Chicago's steady to lower market. Estimated receipts at the Indianapolis Union Stockyards were 8,500 and holdovers were 334. The top, $9.20, was 15 cents below the previous high level, while the bulk went at [email protected]. Hog Price Range Quotations were divided into two groups: 160-250 pounds selling at $9®9.15 and 250 pounds up, $8.75® 9. Pigs sold at $8.25®9 and packing sows at $7.50®8, .noth unchanged. Cattle prices were fully steady, offerings amounting to 1,500 beeves. Beef steers were $9.75® 12.75: beef cows, $6.50®8.25; low cutters and cutter cows, $4.25®5.50; bulk stock and feeder steers $7.250 8.50. Veal Steady Calves were little changed, good and choice kinds selling at sl2 and best vealers at $12.50. Receipts were 1,200. Lambs dropped another 50 cents and sheep remained steady, a condition which has existed each day this week and last Saturday. The run, 1,500. was large for this department. Top fat lambs were sl6, bulk fat lambs sls® 16, and bulk cull lambs, s9® 11, —Hog*— Receipts, 8,500; market steady to lower. 90-130 lbs $8.0041 9.00 130-160 lbs ' 8.75® 9.15 160-200 lbs 9.000 9.20 200-250 lbs 8.904/9.15 250 lbs. up 8.7509.00 -CattleReceipts. 1,500; market steady. Bee! steers $9,754/12.75 Bulk stock and feeder steers.. 7.254/ 8.50 Beef cows 6.50® 8.25 Low cutters and cutter cows.. 4.250 5.50 —Calves— Receipts, 1,200: market steady. Best vealers $12,004/ 12.50 Heavy calves 6.000) 9.00 —Shegfi— Receipts, 1.500; sheep steady; lambs lower. Top tat lambs $16.00 Bulk fat lambs 15.004/ 16.00 Bulk cull lambs 9.004/ 11.00 Other Livestock 11 n United Press CHICAGO, June 15. Cattle—Receipts. 9,000; fed steers strong: spots higher on lower grades; active trade on yearlings; grass cows and heifers slow, steady; grainfed kinds strong; bulls easy at Tuesday s decline; vealers unchanged; best weighty steers. $13.85. some held higher; long yearlings. $12.90; comparatively few matured steers under $10; yearling supply rather liberal at $10.254711.50; most vealers, $12.50 4/13.50: practical top weighty sausage bulls. $7.25. Sheep—Receipts. 11.000; fat lambs opening slow; verv few early sales steady to weak with Tuesday; choice Idaho lambs held above $17.50: few natives moderately sorted early. sl6; asking around $16.50 for better kinds; culls around sl2; sheep firm; desirable fat ewes. $5,504/ 6.50: no feeding lambs sold; indications about steady; Tuesdays late sales Idaho feeding lambs unchanged from Monday. $13.50 mostly: Washington feeding yearlings late Tuesday, $8.65. Hogs—Recefi/ts. 20.000; market steady to 10c or more off; heavyweights. $8,554/9; mediumweights, $8.750.9.20: lightweights. $8,504/9.20; light lights, $7,754/9.10: packing sows, $7.304/ 8.30; slaughter pigs, $7.50® 1.60. ltn United Press CINCINNATI. June 15.—Hogs—Receipts. 4,400: holdovers. 1,000: market, mostly 15c lower: 250-350 lbs.. $8,504/9; 200-259 lbs.. $94/9.35: 160-200 lbs.. $9,254/ 9.35; 130-160 lbs.. $9®9.35:90-160 lbs.. $74/9.25; packing sows. $74/7.50. Cattle—Receipts, 5.555: calves. 700: market, cattle steady, veals. 50c lower: beef steers. $90:10.75: light yearling steers and heifers. $9,254/ 10.75; beef cows. $64/7.75: low cutter and cutter cows. *[email protected]; vealers. $9.50 0 12: bulk stock and feeder steers. $3 0 8.75. Sheep— Receipts. 2.100: market, steady, lambs, steady; ton fat lambs. $16.25; bulk cull lambs. $10@12; bulk fat ewes. $4476. Bn Times Bneiinl LOUISVILLE. Kv.. June 15.—Hogs—Receipts, 1.200: market 15c lower; tops, $8.85. Cattle—Receipts. 300; market steady. Calves—Receipts. 300: market steady; good to choice, $10011.50: medium to good. $8.50 0 10; outs, $8 down. Sheep—Receipts. 1.400: market for lambs steady: sheep steady with yesterday’s close; mixed lambs. $15.50; ewes and wethers, sl6; seconds, $11.50; sheep. $3.50 0 5.50. Bn United Press PITTSBURGH. June 15.—Hogs—Receipts. 1,000; market mostly steady; 250350 lbs.. $8.5009.25: 200-250 lbs.. $9,254/ 9.50; 160-200 lbs., [email protected]; 130-160 lbs.. $94/ 9.25: 90-160 lbs.. $8,504/8.75; packing sows, $74*7.25. Cattle—Receipts, 20; calves, 200; market steady: beef steers, $10.50012: vealers. $13.50014. Sheep -Receipts. 200; market steady; wethers. $8.50; top fat lambs, $14.50; bulk feeding lambs. $14017. Bn ijnitfd Press EAST BUFFALO. June 15.—Hogs Receipts, 1.100; holdovers. 227; market strong; 250 to 350 lbs., $9,104/9.60; 200 to 250 lbs., $9,504/ 10; 160 to 200 lbs.. $9,750' 10; 130 to 160 lbs.. $9.504t9.85: 90 to 160 lbs., [email protected]; packing sows. $7.25 478. Cattle—Receipts. 100; calves. 200; market weak; calves 25c lower; vealers, $13.5047 13.75. Sheep—Receipts. 800: market weak to 50c lower: bulk cull lambs, $124/ 13.50; bulk fat ewes. $507. Bn United Press CLEVELAND, June 15.—Hogs—Receipts. 3.000; market steady: 250-350 lbs., $8.50# 9.25: 200-250 lbs.. $9,254/9.50; 160-200 lbs.. $9.4009.50; 130-160 lbs., $909.50: 90-160 lbs., [email protected]; packing sows, $7.254/7.50. Cattle—Receipts. 150; calves. 500; market, steady to strong: beef steers, $8.5009.50; beef cows, $6,504/8; low cutter and cutter cows, $4.2505.50; vealers, $11.50 47 14. Sheep—Receipts. 800; market steady; top fat lambs. sl7: bulk cull lambs. $12.500 14; bulk fat ewes, $406.50. Bn United Press EAST ST. LOUIS. June 15.—Hogs—Receipts, 17,000; holdevers, 1,912; market 10 (in 15c lower: 250-350 lbs.. $8.6509.05; 200250 lbs.. $8.9009.20; 160-200 lbs.. s9® 9.20; 130-160 lbs.. $8,504/9.15; 90-160 lbs., $808.50; packing sows, "$7,754/8.10. Cattle —Receipts. 4.000; calves, 2,000; market, native steers steady to strong; beef steers, $10011.75; light yearling steers and heifers, $9.754710.50; beef cows, $6,504/7.75; low cutter and cutter cows. $4,254/5.50; vealers. $12.50; heavy calves, $7.50478.50; bulk stock and feeder steers, [email protected]. Sheep—Receipts. 3,500; market slow and weak; top fat lambs. $16.25; bulk cull lambs, $10; bulk fat ewes, ss@6. Bn United Press TOLEDO. June 15.—Hogs Receipts. 1.050: market 10015 c lower; heavies. $8.50 4/9.50: mediums. $0009.25; Yorkers. $94/ 9.30; good pigs. $8,504/9. Calves—Receipts light; market steady. Sheep—Receipts light; market steady. Cattle—Receipts light; market steady. Local Wagon Wheat Local grain elevators are paying $1.34 for No. 2 red wheat. Other grades are purchased on their merits.

Pleased Indianapolis. Ind., June 11, 1927. Indianapolis Times, Indianapolis, Ind. Congratulations on your new type face. It is the best looking and most easily read face I have ever seen in a newspaper. J. T. MCDERMOTT, Editor of Indac.

THE INDIAXAPOLIS TIMES

Commission Row

PRICE TO RETAILERS FRUITS Apples—Box apples—Wlnesaps, $3.50® 4. Extra fancy barrel apples—Ben Davis. $404.25. Fancy barrel apples—Ben Davis. $3.25. Basket apples, 40-lb. basket—Ben Davis. $1.25011.50. Bananas—447sc lb. , . Cantaloupes—California standard crates, $5: pony crate. $4; flat crates. $1.75. Cherries —California, $3.50@4 box (8% lbs.). Grapefruit—Fancy. *4.754/5.50. Lemons—California. $5.25 0 6.50. Limes—Jamaica. $3 per hundred. Oranges--California Valencias crate. $3,254/ 8. Pineapples—Cuban, [email protected]. Strawberries —Tennessee. 24 qts., $306. Watermelons Florida (average 30 lbs.). $101.50. VEGETABLES Asparagus—H. G. fancy white. 40® 50c doz.; green. $14*1.25. I Beans—Green. $5 hamper. I Beets—H. G., 85c doz; new cutoff. *2 bu. | Cabbage—Mississippi, $7 crate; Virginia, half-barrel. $4. I Carrots—California. $2 bu.: Texas. $2 I bu.: H. G.. 75c bu. Cauliflower—Crate, $2.2502.50. Celery—Florida. 3 and 4 doz crate. $6: Mammoth, (washedl $1:5001.75 doz. Corn—Texas. $2 bu. Cucumbers —Hothouse. sl4/1.25. Garlic —California. 12 %c lb. Kale —H. G.. 90c bu. Lettuce- Iceberg, crt.. $6.50®7; H. G.. hotbed. 51.50 15-lb. basket. Mangoes—Flortda. $2,504/3 basket. Onions—Texas vellow. $3.25; white. *4 crate: H. G. green. 65c doz. Parslev—H. G.. 75c dozen. Peas—California. $3.50 hamper. Potatoes Michigan whites. 150 lbs.. $8; Maine Green Mountains. 150 lbs., $8.50; Virginia Cobblers. SB4/8.50 bbl. Radishes—H. G.. long red. 25050 c: hothouse buttons, 404760 c. Rhubarb—H. G.. 40c doz. Spinach—Texas. $1.50 bu. Sweet potatoes—lndiana Jerseys. $2 bu. Tomatoes—H. G. hothouse. 10 lbs.. $2.25; Texas pinks. crate. Indianapolis Stocks i —June 15— Bid. Ask. Amer Central Life 550 1 Amer Creosoting Cos pfd 101 ! Belt R, R com 66'.. 69% ! Belt R R pfd 58% ... Cent Ind Power Cos pfd 92 ... I Cities Service Cos com 46% ... Cities Service Cos pfd 89% ... Citizens Gas Cos com 55% 56 Citizens Gas Cos pfd 1...107 ... Commonwealth Loan Cos pfd 99 ! Enuilable Securities Cos coin.. 51 l ‘Hook Drug Cos com 29% ... ' Indiana Hotel com 125 ... I Indiana Hotel pfd 101 | Ind Service Corp pfd ... Indianapolis Gas com 60% ... i Indpls A: Northwestern pfd... 53 l Inetpls P and L 6%s pfd .... 99% 100 Indpls P and L 7s pm ....... 97% 100 j Indianapolis St Ry pfd 38 41 Indpls Water Cos pfd 103 I Indpls Water Wks Sec Cos 98 I Interstate P Ser pr lien pfd. 101 105 I Interstate P S 6s pfd .86 Merchants Pub Util Cos pfd. , 100 North Ind Pub Service pfd 93 95 •Progress Laundry com 22’. Pub Sav Ins Cos 2 Rauh Fertilizer pfd 49% ... RrM Silk Hosiery pfd 95 T H I Si E com 2 T H I & E pfd 21 T H Trac and Lt Cos pfd .... 92 102 Union Trac of Ind com Union Trac of Ind Ist pfd Union Trac of Ind 2d pfd 2 Union Title Cos com 92 Van Camp Pack Cos pfd 5 10 Van Camp Prod Ist pfd 95 I Van Camp Prod 2d pfd 95 •Ex-dividend. —Bank Stocks— Aetna Trust and Sav Cos 118 Bankers Trust Cos 132 City Trust Cos 1.50 | Continental National 113 125 I Farmers Trust Cos 240 Fidelity Trust Cos 162 I Fletcher American 170 i Fletcher Sav and Trust C 0... 275 Indiana National Bank 265'.- 270 Indiana Trust Cos 230 Livestock Ex Bank 162 172 Marion County Bank 210 Merchants Nat Bank 325 . . Peoples State Bank 190 Security Trust Cos 275 State Savings and Trust . P 0 Union Trust Company 415 Wash Bank and Trust Cos 160 —Bonds— I Belt R R and Stockyards 45... 90 ... Broad Ripple 5s 80 Central Indiana Gas 6s 98 I Cent Ind Power Cos 6s 103 Chi S Bend & N Ind 5s 34 Citizens Gas Cos 5s 103 Citizens St R R 5s 86 , 88% | Gary St Rv 5s . 89 91 Home T and T of Ft W 6s 103 1 Indiana Hotel 5s 99% ... ! Indiana Northern 5s 2 1 Ind Ry and Lt 5s 95 Ind Service Corp 5s 92% ' Ind Union Trac 5s 3 I Indpls Col A So 6s 99 >Ol I Indpls Gas Cos 4s 100 | Indpls A Martinsville 6s 80 82 I Indpls Northern sr, 24 26 i Indpls A Northwestern 5s 80 82 Indpls Power and Lt Cos 5s 97 98 Indpls St Rv 4s 67 t>B% j Indpls Tree and Term 5s 95 06 Indpls Union Rv 5s 101 | Indpls Water 5%s 103% ... : Indpls Water Ist 5s 98% ... ' Indnls Water 4%s 96 Indpls Water Wk Sec Cos 6s ... 100 ... ■ Interstate Pub S 6s 103 I Interstate Pub S B.i 6%s 105 IN Ind Pub Serv Cos 5s 96% . . T H I A E 5s 87 89 T H Trac and Light 5s 99 Union Trac of Ind 6s 17 18% —Liberty Bonds—list 3%s 100.78 100.96 | Ist 4% s 103.00 103.12 I2d 4% s 100.00 100.lt j3d 4% s 100.70 100.86 | 4th 4%s 103 60 103.84 U S Tr 4% s 113.50 11.3.66 U STr 4s 108.60 108.80 U S Tr 1% 105.70 105.84 U S Tr 3%s 99.90 100.20 U S Tr 3\s Births Bov* Homer and JOlia Phillips. St. Vincent’s Hospital. Kvle and Helen Maroney, St. Vincent's Hospital. William and Loretta Clark. Bt. Vincent's Hospital. Allen and Ollle Dudley, city hospital. Harold and Beulah Peck, city hospital. Oscar and Sarah Moore, city hospital. Maxie and Florence Mahone, city hospital. Earnest and Mary Bonnell. city hospital. John and Helen Ross, city hospital. Jesse and Alice White. Methodist Hospital. Howard and Gladys Jehu. Methodist Hospital. Harry and Katie Kurrasch, 832 N. Jefferson. A. E. and Zclpha Grltt. 4405 Guilford. Roy and Emma McKinney. 1518 S. Belmont. Chester and Mary Neal. 1246 Herbert. John and Alice Pribb'e. 1803 Mansfield. Clayton and Bernice Keith, 815 S. Sheffield. Wilmcr and Marian Roseberry, 87 N. Sheridan. Girls Logan and Margaret Lanahan. St. Vincent’s Hospital. Glenn and Evelyn Kenworthy, St. Vincent’s Hospital. Noble and Janet Hiatt. St. Vincent’s Hospital. Joseph and Adeline Vollmer, St. Vincent’s Hospital. Homer and Geraldine Dunn, St. Vincent’s Hospital. Henry and Rose Kern, 837 Oakland. Harry and Madge Cord. St. Vincent’s Hospital. Hobart and Kreitlein Ricketts, cltv hospital. Sylvester and Lucille Sanders, city hospital. Virgil and Dorothy McNeal, city hospital. Henderson and Louise Moore, city hospital. Charles and Esther Crane, city hospital. Carl and Pearl Goens. 250 Dorman . Edward and Mary Jennings. 2103 3. Emerson. Ira and Mary Colligan, 1148 Fletcher. Fred and Marv Elliott. 2913 Northwestern. Rollie and Anna Pierce. 1718 Hall PI. William and Amanda Warren, 1532 Lexington. . Edward and Clara James. 834 Olive. Deaths Magdaline Hoffman, 50. 11l W. Raymond, chronic myocarditis. Marv Jane Fields. 75. 3030 E. Tenth, diabetes. Richard Hill. 62. city hospital, acute dilatation of heart. Samuel W. Eschmayer. 65. 1949 Bellcfontatne, myocarditis. Howard Elmer Hills. 58. 1435 English, mitral insufficiency. George H. Tomlinson. 68, 934 N. Belle Vieu PI., carcinoma. Mary Conners. 72. Central Indiana Hospital. broncho pneumonia. Jennie Sigler. 47. 456 W. Eighteenth, pulmonary tuberculosis. Louis W. Foster. 79. 440 S. Pine, arteriosclerosis. Lydia G. Horner, 81. Methodist Hospital. obstruction of bowels. David J. Taylor. 79. 1122 N. Olncy. arteriosclerosis. Kate Griffin Edmunds. 83. 3340 Central, chronic myocarditis. Roberta Anderson. 2 months, 728 W. Tenth. Icterus. Infant Osbey, 1 day. 916 Paca. premature birth. George Yanthis. 54. city hospital, fractured skull, accidental. Infant Steinmetz. 1 day. Long Hospital, premature birth. Marv Brewer Hughes. 70. city hospital, chronic neohrltis. Mary Etta Stiver. 70. St. Vincent Hospital. chronic nephritis. John Browner. 32. 423 Agnes, pulmonary tuberculosis. 1 Laura Comstock. 69. Central Indiana Horaltal. broncho pneumonia.

WEATHER AND POLITICS RULE GRAIN STATUS Oats Only Cereal Opening Steady, Wheat, Corn Making Declines. Bit United Press CHICAGO, June 15. Weather and politics are the foremost factors in the grain situation at present, and with speculative interest nervous over the possibilities of passage, or non-passage, of the Kessinger i bill at Springfield, sharp fluctuations ! are to be expected. Weather over the entire American wheat belt is I clear and temperatures are rising, : and with Liverpool lower than ex- | pected, opening prices on the ChiI cago Board of Trade were % to Va j lower than yesterday's close. Sentii ment in wheat continues decidedly ; mixed. Trade in corn is running very heavy, due to a large measure to professionals who are selling July and buying September, believing that the coming crop will be a light I one and prices will rule higher in i the fall. Opening quotations were II to 1% lower than the previous close. Weather is generally favorable over the belt and no rains were reported over night. Oats have started to show a little more strength than other grains, based on the strong statistical position. However, outside trade is still comparatively light and prices are influenced somewhat by action of other grains. Prices opened unchanged from Tuesday’s close. Provisions opened steady. Chicago Grain Table —June 15WHEAT— Prev. High. Low. 12 Os) close. ■Tulv 1 M's 1.42% 1.43%. 1.44% ; Scot 1.43 1.41% 1.42' I 1.43 i CORN JulV 98% 96% 98 97% Sept 1.03% 1 01% 1.03 1.02% OATS - JulV .48 .47 % .48 .47% Sept 47 4 .47% .47% .47% .TUW..:. 1.15% 1.15 1.15% 1.18% Sept 1 04 1 02% 1 .03 1.04% LARD— JulV 12 72 12 72 12 75 , Sept. 12.97 12.92 12 95 12.97 Oct. 13.07 13.02 13.07 RIBS I JulV 12.25 ' Sept 12.40 12.40 12.47 \ Bn Times Special j CHICAGO. June 15. Carlots Wheat. I 36. corn. 134. oats. 19: rye. 3. j Bn I nitrd Press CHICAGO. June 15. Primary receipts: Wiieat, 605.000. against 563.000 corn. 763.000. against 733.000; oats. 229.000. against | 473.000. Shipments: Wheat. 730.000. i against 361.000: corn. 386.000. against 372.- | 000. oats. 236.000. ogui/i.-. 536.000. SPEEDY WORK URGED ON DELAWARE BRIDGE Tail ('reek Civic Official Writes to VandagriiTt. L. A. Lawrence, vice president of ! the Fall Creek Civic Association representing 450 interested property I owners, today urged the board of i works to speed improvement of the 1 north approach to the Delaware St. , bridge at Fall Creek. In a letter to Virgil VandagrifTt. board president. Lawrence pointed out property owners had paid the I assessment. VandagrifTt replied that anew i resolution, acquiring additional | ground to widen Delaware on the north, had been confirmed and apI praisers would be named soon C speed the work. Contract has been let for paving south approaches. GIRL WIFE MURDERED Terre Haute Husband’s Trial Set for June 23. Hu I'nitrd Pres * TERRE HAUTE, Ind., June 15 - Facing a charge of first degree murder in the mysterious death of his wife, Guy Stark, 27, will go to trial June 23 in Circuit Court—the result of his arraignment in city court today following the finding of the body of his wife Daisy, 19, shortly after midnight at her home with a bullet wound in her head. Harry Hughes, 23, her brother, who lives at their home, still was being questioned by police today. HELO ON MURDER COUNT Negro Girl Admits Stabbing Companion After Arrest. Police today held Miss Saddie Blackman, 20, Negro, 618 N. Missouri St., on a murder charge following the slaying of Miss Catherine Grimes, 22, Negro, same address. Lieut. Leonard Forsythe said the Blackman girl, arrested at the home I of her mother, 2322 Glenn Dr., admitted stabbing Miss Grimes w’hen the two met and quarreled on the North St. bridge over the canal. 30,000 ATTEND PICNIC A crowd estimated at 30,000. mostly children, were guests of the Capitol Dairies, Inc., at a picnic at Riverside Park today. Amusements operated by the park were free to the dairy company patrons. R. A. Bulstra, Capitol Dairies production manager, was in charge. Marriage Licenses Donald Barton. 42, 333'% Massachusetts, doctor, and Lillie Beard, 48. 333% Massat chusetts, restaurant. Loren Mollcr. 28. Chicago, baker, and Jennie Hidcgard. 25. 805 Sanders, housekeeper. Enoch Burton. 33. Barton Hotel, teacher, and Mitzl Schrom. 21, 1214 N. Dearborn, bookkeeper. William Fitzmaurice. 25. 715 N. Fine, clerk, and Cora Mattingly, 23. 330 S. Addison. seamstress. Harold Bottereall. 28. 1022 W. ThirtyFirst, florist, and Marguerite Wilson. 23. 2005 Ruckle. Paul McNamara. 30. 1657 Broadway, foundryman. and Ethel Cummins, 19. 4166 Washington Blvd. William Roberts, 20. 2943 Ruckle, clerk, and Pearl Hayes. 20. 2317 N. Capitol. Charles Adams. 39. Connersville. clerk, and Rose Stearns, 36, 1112 N. Jefferson, film Inspector. James A. Beck. 31. 2202 N. Illinois, contractor. and Birdine Huffman, 30. 2255 Broadway, bookkeeper. Emil Siobert. 27. Batesvllle, Ind.. draftsman. and Clara Kricl. 23. 832 Carlisle PI., secretary. Donald Paidrick. 22. 4526 E. Sixteenth, plasterer, and Edna Plott, 21, 1026 Willow Frank Wilson. 23. 1305 W. Thirty-Sec-ond. salesman, and Madeleine Leonard, 25. 116 E. Twentv-Fifth, beauty operator. Henry Gilbert, 21. 450 N. Senate, elevator operator, and Janie Biakemore, 22, 2337 rairview, maid.

MARTINSVILLE HOST TO CHURCH LEADERS 1,500 Attend Convention for Religious Education. ■ Bn Times Special MARTINSVILLE. Ind., June 15. More than 1,500 delegates to the annual convention of the Indiana Council on Religious Education gathered here today. The convention, which is to be featured by consideration of modern problems of religious education in the Sunday School and the home, opened with a general session this morning in the Martinsville High School gymnasium, addressed by J. M. Artman, Chicago, specialist on religious education. Artman is to speak again Thursday morning. The convention will close late Friday. Each afternoon will be devoted to conferences of children’s, tdult, young people’s, administration, pastor and home groups. Dr. O. W. Warningham, professor of Bible of Boston University, will speak Thursday evening. Martinsville churches are entertaining delegates. The high school gymnasium was elaborately decorated for the sessions. The entire office force of the Rev. Edwin T. Albertson, general secretary of the council, 750 Occidental Bldg., Indianapolis, moved to the convention to direct the work. MARKUS RITES HELD Funeral Services Conducted for Accident Victim. Funeral services for Mrs. Harris Markus, 63. of 98 E. Maple Rd., were held at the home here this afternoon. Mrs. Markus was killed Monday in an auto accident at Hillsdale, Mich., in which her husband and son. Hyman C. Markus, were injured. 1110 two injured men were brought here late Tuesday. The family operates a Jewelry store at 114 N. Illinois St. Surviving her besides the husband and son no% in the hospital are five daughters, including Mrs. Louis B. Cutter of this city and two sons, Sam Markus of this city and William A. Markus of Detroit. WEATHER HOLDS BYRD FROM PARIS FLIGHT Tri-Motored Fokker Ready; Acosta, Noville (o Go. Bu l nitrd Pri .4 NEW YORK, June 15—Commander Richard Byrd will start for Paris in his tri- motored Fokker monoplane America as soon after Friday as the weather permits, it seemed certain today. Beyond announcing that the plane needed only fuel and provisions, Byrd refused to reveal his plans beiotc he left to receive an honorary degree at the Virginia Military Institute. Carl Schory, National Aeronautic Association, lias arranged to come from Washington to New York Friday. with a sealed barograph which records a plane's altitude and landings. for the America. Bert Acosta and Lieut Noville, U. S. N., will fly with Byrd. VETERAN EDITOR DIES W. TV. Ross, “The Co'untl, ’ Succumbs at Evansville. Hit I nitrd Press EVANSVILLE. Ind.. June 15.—W. W. Ross, 74. better known as “the colonel,” veteran newspaper man. died here early today. Ross, who started his career as a printer, had been in the newspaper business all his life. Many years ago he was editor of the old Journal News here. He was editorial writer for the Journal, afternoon issue of the Evansville Courier, at the time of death. American Telephone and Telegraph Company BELL SYSTEM 151st Dividend The regular quarterly dividend of Two Dollars and Twenty-Five Cents ($2.25) per share will be paid on July 15, 1927, to stockholders of record at the close of business on June 20, 1927. H. BLAIR-SMITH, Treasurer. {

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CHARGES CULT SPIRITED AWAY INDIANA WOMAN State Accuses House of David in Disappearance of Gary Resident. Bu United Press 3T. JOSEPH. Mich., June 15. Charges that Mrs. L. G. Bundy of Gary, Ind., one of the State’s witnesses in the suit to dissolve the House of David religious colony, had been abducted, were made in court today by State witnesses. George E. Nicols, special prosecutor, said that Mrs. Bundy had been sought by investigators and found in her home at Gary last week. She promised to testify Monday. Since that time she has disappeared, Nichols asserted. It is the second time Mrs. Bundy has mysteriously disappeared on being called to testify in House of David affairs, Nichols said. In 1923, at the suit of John Hansell against the colony, she was abducted by her mother, a member of the colony, according to the attorney. He claimed it was an attempt to obstruct justice. Mrs. Bunday’s mother. Mrs. Nancy Lynch, has been subpoenaed to testify at the present trial. Mrs. Bundy was at one time a LONG BALLOT FORMS SEQUEL TO OUSTING Louisville Voters to Replace 45 Officials at November Election. Hu I nitrd Press LOUISVILLE, Ky„ June 15. —Interest in political circles throughout Kentucky today centered in the possible effect of the action of the Court of Appeals session in voiding the 1925 city and county election. Mayor A. A. Will and forty-four other Republican city offiers and county judge and two magistrates are ousted by the decision on the grounds of “insidious fraud.” Geovernor Fields will announce appointeees to serve until their successors have been elected in the State-wide election in November. Both Democratic and Republican committees will select complete tickets and the ballot will be the longest in twenty years, as the voters will have to choose their preference of candidates for city, county, State and legislative officers. / Buy and Sell Central Indiana Power Pfd. NEWTON TODD 415 l.rmt k* Flllfr.

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JUNE 15,1927

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A PE MILLS “LAFF" FEATURE VERA REYNOLDS IN “Little Adventuress 1 ' With l'hylll* llnit-r and Virtor Vnrconl VAUDEVILLE FORBES, PROUT & CO. DANCE FASHIONS SGT. 'FRANKLIN J RUBY ROYCE LAZAR & DALE "BOGOONA HUNTERS" 1, MM MrtHWAMS f JOHN AND MARY MASON^ NOVELTY SKATERS SPECIAL COL. CHAS. LINDBERGH’S Reception at WASHINGTON