Indianapolis Times, Volume 39, Number 32, Indianapolis, Marion County, 17 June 1927 — Page 21
JfUNE 17, 1927
G. M. Cm OTHER MOTORS LEAD ,STOCKJDVANGE Rails Steady to Firm - ndustrial Group Consistently Higher.
Average Stock Prices
Average of twenty Industrials Thursday ■was 170.26, up 1.48. Average of twenty rails was 136.39, up 1.03. Average of forty bonds was 96.96, up .10,. Bu United Press NEW YORK, June 17.—The advance in the stock market continued on a fairly active scale in early dealings today, with General Motors the feature, rising to anew high above 205. Yellow Truck, subsidiary of General Motors, also was active and higher, and other motor shares gained ground. Rails were steady to firm, while the industrial list as a group was consistently higher, the rise even embracing the Oils. Car loadings in the week ended June 4 totaled 911,298. This was a decrease of 115,099 from the preceding week, due chiefly to the observance of Memorial day. However, the fact that the total was 33,556 under the corresponding week of last year indicated some falling off from 1926 in general business. This factor was offset as a stock Inarket influence by a further in- > crease of $11,000,000 in Federal Reserve’s regular gold holdings as of June 15. Wider Credit In addition, gold held abroad gained to $62,333,000, so that the nation’s gold stocks are now the largest on record. This widening of the credit base imparted a confident tone to early dealings on the stock exchange. St. Louis Southwestern also achieved record levels, selling at 90%, up 2%. This strength reflected the belief that the road will receive better terms in the revised Kansas City Southern consolidation plan. No Reaction Buying activities in the main body of stocks lost aggressiveness around noon and prices moved in a narrow range. However, attempts of the bear crowd to force a reaction were prevented from gaining headway by the large supply of money offered on call. Although the official rate held at 4 per cent, many borrowers arranged accommdoations over the week-end at 312 per cent in the outside market. Pathe Class “A” stock has been exchanged for new Class “A” stock and one-half share of new common. The new Class “A” stock was dealt in for the first time this morning at 43 and the new common at 12. This was equivalent to 49 for the old Class “A” stocck, which closed Thursday at. 43%. New Class “A” pays $4 annually, which was the |dividend rate on the old shares.
Banks and Exchange
INDIANAPOLIS STATEMENT Local bank clearlnnrs today were $4,238,00; debits, $8,450,000. NEW YORK STATEMENT B” United Press NEW YORK, June 17.—Clearings, *l,168,000,000; balances, $157,000,000. FOREIGN EXCHANGE Bn United I‘rcss NEW YORK, June 17.—Foreign exchange closed steadq. Demand sterling, $4.85 3-16, off .00 1-16; francs, 3.91 ! ic; lira, 5.54 c, up .01 '4; Belga, 13.88 c; marks, 23.68%c.
Produce Markets
Butter (wholesale price I— Creamery, best grade, a pound, 43®;45c. Butterfat—Local dealers, 41 @ 42c. Errs—Strictly iresh delivered at Indianapolis. 16@18c dozen. Poultry ibuying prices)—Hens, large breed, 18®19c: Leghorns, 13®15c: old roosters, 8® 10c; sprlngeys, 2 lbs. up, 25® 27c; l'/ 2 to 2 lbs., 22c; Leghorn blacks and small, TB®2oc; ducks, 13®>15c; geese, 8® 10c; guineas, 35c: turkeys, yount; toms, and hens, 20c; old toms, 15(320c. Bu United Press CLEVELAND, June 17.—Butter—Extra in tubs, 43©,44c; firsts, 40®41c; seconds, 36'/2 ®37%c: packing stock, 28c. Fresh eggs— Extra, 25c; extra firsts, 24c; firsts, 22iic; ordinaries, 20c. Live poultry—Geese, 16® 17c! heavy broilers, 34©36c; spring ducks, 25©27c; medium broilers, 30®32c; Leghorn broilers, 23®25c; roosters, 14®;15c: Leghorn fowls, 17©:18c; medium fowls. 22®24c. Potatoes—Carolina new cobblers, $6.50®6.75 per bbl.; Michigan, $8®8.25 per 150-lb. sackS; Maine, [email protected]. Bu United Pres* NEW YORK, June 17.—Flour—Dull but steady. Pork —Quiet; mess, $33. Lard— Firmer; Middle West. $13.250,13.35. Sugar ■ —Raw unsettled; 96 test, 4.52 c; refined quiet; granulated, 6©6.20c. Coffee—Rio No. 7. 14-!t©l4%c; Santos, 1654 ®l7c. Tallow —Steady; special to extra, 7*/ 2 ®7 5 .8C. fHay—Dull; No. 1. $1.25; No. 3. $1.05® F 1.10; clover, [email protected]. Dressed poultry— Irregular; turkeys, 25©46c; chickens, 20© 40c; capons, 304146 c; fowls, 14©29c; ducks, 18©22c; Long Island ducks. 23@24c. Live poultry—lrregular: geese, 10® 12c; ducks, 12®25c; fowls, 16© 25c: turkeys, 25© 30c; roosters, 14c; broilers, 20© 38c. Cheese Steady; State milk common to special, 27 <R2dc; Young America, 24 , / 2 ©>2sc. Butter —Easier; receipts.. 19,790; creamery extra, 42c; special market, 42 V2©43c. Eggs strong; receipts, 24,721; nearby white fancy, 31® 32c; nearby State white, 24© 30c; fresh firsts, 22'/2©23c; Pacific coast first to extras, 24®34c; western white, 22©26c; nearbv browns, 27@31c. Potatoes—Southern, s2®7; Maine, $4.7506.25; Bermuda No. 1, $6.25®7. Sweet potatoes—Jersey baskets, $1®3.50. Bu United Press CHICAGO, June 17.—Butter—Receipts, 17,480: creamery, 39!4@39 3 /4c; standards, 40c; firsts, 36®.37'/2C- seconds, 33#35c; extras, 40 , 2 C. Eggs—Receipts, 21,970; ordinaries. 20@21c; firsts, 22©23c; seconds, 19c; extras, 23 3 /4C. Cheese—Twins, 22%© 23c; Americas, 23 Vic. Poultry—Receipts, 4 cars: fowls, heavy 19c: springs, 34c: ducks, 23® 25c; geese, 13c; spring geese, 23®25c; turks, 20c; roosters, 13c; broilers, 25c; black chicks, 16c; Leghorns, 15c; Leghorn broilers, 20®22c. Potatoes—Receipts, arrivals. new 25, old 15; on track, new 76, old 26; in transit. 1,002; Oklahoma and Arkansas sacked Bliss Triumphs, $4.50®5; Wisconsin sacked round whites, $4.25® 4.50. Sweet potatoes— [email protected]. ,
Local Wagon Wheat
Local grain elevators are paying $1.35 for No. 2 red wheat. Other grades are purchased on their merits. CHILD KILLER GETS LIFE Man Who Murdered 3 Daughters Girl’s Death. Bu United Press PLYMOUTH, Mass., June 17. James B. Stoddard, Brockton, was l sentenced to life imprisonment in I State Prison here today, after he f had pleaded guilty to the murder of three of his children, Florence, Mildred and Edna, who were slain with mix is they lay In bed, Oct. 33, 1926. A fourth escaped. Stoddard killed his children while suffering from the effects of heavy drinking, his counsel told the court.
New York Stocks By Thomson & McKinnon
—June 17— Railroads— Prev. High. Low. 2 p.m. Close. Atchison 181 180'/a 180% 180% Atl Coast Line .187% ... 187 Vi 187% B & O 118% 118'/* 118*a 119 Can Pacific 176% ... 176% 177% C & O 184 182% 184 182% C & N W 89% 88% 89 87% C R & P 114% ... 114% 114% Del & Hudson .218% 218 218% 218% Del & Lacka...l6s ... 165 165 Erie 54% 53% 54 53% Erie Ist pfd ... 59% 59% 59% 59% Grt Nor pfd ... 91% 91 91 90% Lehigh Valley .126 ... 125 124% K C south .... 60 58% 59 59% L & N 142% ... 142% 142% MK & T ...... 56% 54% 56 54% Mo Pacific pfd. 107% 107 % 107% 107 % N Y Central.... 153% ... 153V* 153% NY NH & H 53% ... 53 51% Nor Pacific .... 88% 88% 88 Nor & West ... 1827s 182 182% 181% Pere Marauette.l3o% ... 129% 130 Pennsv 64 ... 63% 63% Reading 119 ... 118’* 1187* Southern Ry ....127% . . 127% 114% South Pacific ..115% 114% 114% 114% St Paul 15% 15% 15% 15 St Paul pfd ... 277s 27 27% 27% St L & S W 93 89 90 88 St L & S F 116 115% 115% 115% Union Pacific.. .175% ... 175 175 Wabash 79% 78 78% 77% Wabash pfd ...100% ... 100% 100% Alax 8% 7% 8 7% Fisk 15% 147, 15 15 Goodrich 547 s 53% 54 53% Goodyear pfd ..113 ... 113 113 Kellv-Spaf 23% 21% 23 21 U S Rub 39% 3872 38 * 38 Equipments— Am C & F ....104'% 103 103 Amer Loco 110 109% 110 108’ 2 Am Stl Fd 47'% ... 47 47 Bald LOCO 221 219% 220 220 Gen Elec 104'% 104 104% 106 T.lma ... . 67 N Y Air Bk .. . 46% 46 48% 46% Westlf A b”. .7.' 170% X! i7O 168% westh ai Eiec':::;: 74% ::: 74% '?4% Steels— Bethlehem 49% 49% 49% 50 Colo Fuel 85% 84% 85 85 Crucible , 85% Gulf St Steel 49% ... 49% 49% Inland Steel 50 49’* 50 50 | PRC * I 42% 41% 42% 41% Republic Steel.. 66'/. ... 66 68% Sloss Sheffield.. 126 ... 126 126% U S Steel 122% ... 121% 122% I Allov 29% ... 2974 297's Vanadium 48 ! Motors— Amer Bosch 15% ... 15% 15 Chandler ... ... 22% Chrysler 50% 49% 49% 49% Con Motor 11% 10% 11 11 Dodge 22% 21 22 21 Gabriel 46% ... 45% 46 Gen Motor .... 205% ... 203% 204 Hudson 85% 84% 84% 85% j Hupp 19% .. . 19% 20 Jordan 19 18 18% 17% Mack 1107* 109% 109% 111 V* Martin Parry 17 Moon 8% ... 7% 8% Nash 64% ... 64% 64 I Packard 35% 35*4 35'* 34% J Peerless ... 26 ... 26 26 Pierce Arrow. .. 17% 16 17 15% I Studebaker 50% .. . 50% 51 Stewart Warner. 63% 62‘.i 63 62% I Timken 101 99% 100% 99% Wiltys Overland. 20% 18% 20 18% White Motor 46 ... 46 48 Minina — Am Smelting... 161% 160 161% 159% Anaconda 45% ... 45% 45% Cer De Pas 59% Inspiration 14'i ... 14% 14% 1 Int Nickel 69% ... , 68% 68% 1 Kennecott 63 ... 62'* 63 " ' Texas G and S.. 66% 64% 65'/* 65': , U 8 Smelting 35% i Oils— Atlan Ref 120% ... 120% 120 i Cal Pete 24% . . 24% 24 Freeport Texas.. 71 69 70% 73% 1 Houston 157% 15674 157 156% Indpt OH 193, Marland C 36 35% 36 36% ; Mid C Pete 31% 31% 31% 31% Pan-A Pete (Bi 59% 59% 59% 59% Ft* 1 - 1 Pete 43% 43% 43% 43% Union Oil 42'4 ... 42% 42% ’ Pure Oil 26% ... , 26% 2G% 1 Royal Dutch.... 49% ... 49 49 Shell 27% 27% 27% 27% Sinclair 17% ... 1774 17% ! Skelly ..... 27% ... 2774 273. SO of Cal 53% ... 53% 53% 1 SOof N i. ... 36% 36% 36% 36% SOof N Y 307* ... 30% 30% Texas Cos 48% 48% *B% 48% Trans Pete 8% 8% 8% 8 Industrials— Adv Rumcly 12 V 4 Allis Chaim.... 107% 107% 107'* Allied Chem 142'* 141% 142 141% Armour 1A) .... 10 ... 10 9% Amer Can 55 54% 54'% 54 Amer H L 9 Amer H L pfd 60% Am Safety Raz 48% Amer Woolen .. 1874 ... 18% 18% Central L ... . 141,, Coca Cola 1157's ... lis 7 i 116 Cor.t Can 70 ... 70 71 Cert Prods . 52% Day Chem 30 ... 36 30 Dupont 246 ... 243 244% Gen Asphalt 76% 76 76'i 7571 Famous Play. ..104 ... 103% 103% Int C Engr 45% 447* 45'* 4574 Int Paper 42% ... 42% 42% Int Harvester ..181 ... 180% 180% May D Sta 69% 69% 69% 69% Mont Ward .... 67% 66% 67% 66'7 Nat Lead 101% ... 1017* 10174 Owen Bottle .... 78% ... 73% 78 Radio 52% ... 52 52 Real Silk 29% ... 29% 29% Rem Type 4374 43% 43 74 43% Sears-Roeb .... 59'/* 56% 59 56’% United Drg ... . 169 Univ Pipe 3074 ... 23% 3074 USC IP 231% ... 230% 230% USIn A1 7874 ... 7874 78% Woolworth 142% 1417* 142 141% Utilities— Am TANARUS& T 16714 167 167'/* 16674 Am Express 135 Am W W * ... 92 Brklyn Man 63 ... 63 6371 Col C.S &El 94% ... 94% 94% Cons Gas 102% 102 Vi 112 % 102% Interboro 40 ... 38% 39% No Am Cos 50 49% 50 49% Peoples G .. 142% S Gas &El 617 ... 61% 61*4 West Union ... 4 i7% Shipping— . i ' '* Am In Corp.... 54 52% 52% 53 Am S Sz C 4 , a ... 4i% 41' Atlantic G 39 ... 39 38~ In M Mpfd 52% 4874 50% 47% United Ft 129% 128% 120% 129 Foods— Am Sugar 89% ... 89% 88% A B Sugar ... . 21 Vi Austin N si/: Beech N 51% Calif Pkg 64 63 63% 63' Corn Prods .... 5574 ... 55% 55% Cuba C pfd ?g>: Cuba A Sug.... 23 Fleischmann ... 56% ... 65% 56% Jewel Tes y... 58V, 58 58%, 58 Nat Biscuit . . 1301/ Punta Ale 38% ... '38% 38% Posyim 102 100% 101% 100% W Bk B 24% 22% 24% 214 Tobaccos— Am S u pa- 5574 5374 5 5 5374 Am Job ........136% ... 135% 135 Am T B 136'/* ... 135% 135 Cons Cigars ... 76% 7671 7674 76% Gen Cigars 64 63 74 6 4 63% Liggett 117% 116% 117 117'% Laniard 31% ... 31 31% R J Rey 136% ... 136'% 137% TobP B 102% 1017* 102 102% U Clg stor 88 ... 87% 87% Schulte R S 54'% 54 5474 547?
BOY CAUGHT IN WRINGER Both Arms of Child Mangled in 1 Electric Machine. Both arms of Roy Brown, 3, son! of Mrs. Pearl Brown, 1019 W. New ' York St., were mangled when they became entangled in an electric j wringer today. Mrs. William Eastwood, 1012 W. I New York St., said she turned the power off on her washing machine and left it in the rear of her home I a short time before. She heard the boy’s screams and ! rushed out to find the child caught. 1 He had been playing with other! neighbor boys around the machine. The injured boy was taken to city ' hospital. 16 AWAIT JURY VERDICT State Troopers Being Tried for With Ax Sentenced. BU United Press FLEMINGTON, N. J;, June 17. The manslaughter case against fourteen New Jersey State troopers and two S. P. C. A. agents in connection with the all-night siege of i the Meaney farm at Jutland, near here, went to the jury at 11:40 a. | m. today. i James, Timothy and Miss Beatrice | Meaney resisted arrest on charges of mistreating cattle. In the fight at the farmhouse Miss Meaney was killed and her brothers were injured. ,—— Standard Oil Founder’s Son Dies Bu United Press NEW YORK, June 17.—John Teele Pratt 11, son of one of the founders of the Standard Oil Company, died today, it was announced at the Standard Oil Company offices here.
HOGS REMAIN STEADY;CALF PRICESLOWER Cattle and Sheep Markets Unchanged; Lambs Go Down 50 Cents. —Hoe Prices Ranee— June Bulk. Top. Receipts. 10. 8.65779.10 9.15 7.000 11. 8.75®,9.35 9.40 . 3,500 13. 8.75(39.35 9.40 f 6,000 14. 8.75479.25 9.35 9,000 15. 8.75419.15 9.20 8.500 16. 8.75®9.15 9.15 7.000 17. 8.75(£9.10 9.15 8.000 Early trade in the local hog market was about steady. Shippers were doing most of the buying, packers holding back and talking 5 to 10 cents lower, but the market continued unchanged. Most sales were at $8.75<5 9.10, the top $9.15. Receipts were estimated at 8,000 head, with holdovers numbering 647. The Chicago market was slow, prices remaining around steady. The early top there was $9.10. Hog Price Range Porkers weighing 160-225 pounds brought [email protected]; 225-275 pounds, $8.90@9, and 275 pounds up, $8.75@ 8.90. Pigs were quoted at $8.25778.75, and packing sows cleared at $7.25 <SB. The cattle market remained steady, with a run of 800. Beef steers sold at $9 at 11.35; beef cows, $6.50 8.25; low cutters and cutter cows, $4.25(55.50; bulk stock and feeder steers, $7.2558.50. Market Off J Calves declined 50 cents or more, most of them going at $12.50 down. Receipts were 1,000. The ovine market repeated the tendency that set in last Saturday, sheep little changed and lambs another 50 cents lower. Top fat lambs, $14.50515, and bulk cull lambs. $8.50510. Ewes were quoted at $5776.50. —Hogs— Receipts, 8,000: market steady. 90-130 lbs $3.000478.75 130-160 lbs 8.5047 9.00 160-200 lbs 9.007? 9.15 200-250 lbs 8.85 u 9.10 250 lbs. up 8.75®9.00 —Cattle— Receipts, 800; market steady. Beef steers 59.00iR11.35 Bulk stock and feeder steers.. 7.255 8.50 Beef cows 6.503 8.25 Low cutters and cutter cows.. 4.254S 5.50 —Calves— Receipts. 1,000: market lower. Best vealers $12.00312.50 Heavy calves 6.00® 9.00 —Sheep— Receipts. 900; sheep steady; lambs lower. Top fat lambs $15.75 Bulk fat lambs 14.507/ 15.00 Bulk cull lambs 8.504/ 10.00 Other Livestock Bn United Press CHICAGO. June 17.—Caitic—Receipts, 3,000; fed steers and yearlings steady, uneven, she-stock weak to 25c lower; bulls /.haring decline; good to choice vealers mostly steady at $12.50"/ 13.50. common and medium kinds unevenly lower; mov'yearlings and light fed steers, $9.75 u 11.50, no strictly choice kinds here, few loads with weight held at sl3; clearance fairly good at week's advance on steers, bulk very draggy at decline on al Igrades of she-stock and bulls. Sheep—Receipts. 5,000; market fairly active, generally steady with Thursday; bulk grade notlve •, $154/ 15.50; few best to packers. $15.75. odd loads medium kinds down to $14.50 and below; culls mostly $10,504/11. few strong weights $11.50; good to choice desirable weight ewes, $5,507/ 6.25. best $6.50; few heavy ewes, $43 4.50; feeders scarce. Hogs—Receipts, 25,000; market fairly active. generally steady to 10c higher; heavyweights. $8,507/8.95; medium //eights. $8.75 4/3.15; lightweights. $8.60m 9.15; light lights. $7.85479.10; packing sows. *7.35®, 8.SO; slaughter pigs, $7.604?8.60. By United Press CINCINNATI. June 17.—Hogs—Receipts, 4,500; holdovers. 1,911! market, mostly 10c lower; 250 to 350 lbs.. $8,357/ 8.90; 200 to 250 lbs., $8,804/9.10; 160 to 200 lbs., $8,504/ 9.25; 130 to 160 lbs., SB7/ 9.25: 90 to 160 lbs., SB4/9.15; packing sows, $74/(7.50. Cattle—Receipts. 450; calves. 600; market, steady; cows 25c lower; veals steady; beef steers, $94/ 10.75; light yearling steers and heifers. $9,254/ 10.75; beef cows, $6®<7.50; low cutter and cutter sows, $44/5.25; vealers. $9,504/ 12.50; hoaly calves, SB4/8.75. Sheep—Receipts, 3,200; market, lambs, steady to 25c lower; top fat lambs, $16.25; bulk cull lambs. $lO3 12; bulk fat ewes, $44/6. By United Press EAST ST. LOUIS. June 17.—Hogs -Receipts. 14.000; holdovers. 2.979; market, strong to 5c higher: 250-350 lbs., $8,654/ 9; 200-250 lbs.. $8,907/9.15: 160-200 lbs., $8.25 4/9.20; 130-160 lbs.. $8.257},8.90; 90-160 lbs.. $8,104/9; packing sows. $7.75®8.10. Cattle—Receipts. 1.000: holdovers. 700: market, steers nominal; beef steers. $9.50 4/10.50; light yearling steers and heifers. $8,504/ 10; beef cows. $6,254/7.50: low cutter and cutter cows. $1,504/ 5.50: vealers. $12.25; heavv calves. $7,504/8.50; bulk stock and feeders steers. $7,254/ 8.50. Sheen —Receipts. 2,500: market, steady; top fat lambs. $12.50; bulk fat ewes. $4.504;.5.50. Bu Times Knecinl LOUISVILLE, June 17.—Hogs Receipts. 1.000; market steady; tops. $8.85. Cattle— Receipts. 100; market steady. Calves —Receipts. 300; market steady; good to choice, $lO4/ 11.50; medium to good, $8,504/ 10; outs. $8 down. Sheep—Receipts. 1,500; market for lambs, ewes and wethers 50c lower; others steady: mixed lambs, $14.75; ewes and wethers, $15.25; seconds, $11; sheep. $3.50®,5.50. By United Press PITTSBURGH, June 17.—Hogs—Receipts. I, market strong; 250-350 lbs., $8.75®/ 9.25; 200-250 lbs.. $9.25® 9.50; 160-200 lbs . $9.50®'9.70; 130-160 lbs.. $8.75@9; 90-160 I lbs., $8.503 8.75; packing sows. $7477.25. Cattle—Receipts, none; calves. 275; market 50c lower; beef steers. $10,504/ 12; vealers. $134/13.50. Sheep—Receipts. 600; market I slow; top fat lambs, sl4; bulk cull lambs, I s6®>ll; bulk spring lambs, $14®16. ! Bn United Press EAST BUFFALO, June 17.—Hogs Recelpts, 4,400; holdovers, 414; market strong to 10c higher; 250-350 lbs.. $9.10® 9.65; 200-250 lbs., $9,604/9.85; 160-200 lbs.. 89.754J9.85; 130-160 lbs., $9.40® 9.75; 90-160 | lbs., $94/ 9.50; packing sows. $7.253 7.75. ■ Cattle—Receipts. 200; calves. 1.400; market steady; calves 50c up: beef steers, $11.35®/ 11. vealers. $13.50314. Sheep—Receipts, ' 800; market 50c lower; top fat lambs. I $16.75; bulk cull lambs. sl2® 13.50: bulk j fat ewes, $5®,6.50. ! By United Press j CLEVELAND, June 17.—Hogs—Receipts, 1,800; market strong to 10c higher: 250I 350 lbs., $8.75®.9.35; 200-250 lbs.. $9,354// I 9.60; 160-200 lbs.. $9.50W9.60; 130-160 lbs.. 59R9.60; 90-160 lbs., $9; packing sows, !$/.25®7,50. Cattle —Receipts, 100; calves, '200: market steady; beef steers. $8.75®11; j beef cows, $63 7.50; low etter and cutter I cows. $4,254/ 5.50; vealers. $124714. Sheep —Receipts, 300: market weak; top fat lambs, sls: bulk cull lambs, $12(R13; bulk fat ewes, [email protected]. By United Press TOLEDO. June 17.—Hogs—Receipts, 600: market steady to 15c up; heavies. $8.50® 9; mediums. $8.80®9.25; Yorkers. *9.15® 9.40; good pigs. $8.50®'9. Calves Receipts light; market strong. Sheep Receipts light; market steady. Cattle Receipts light; market slow and lower.
In the Cotton Market
(By Thomson St McKinnon) NEW YORK, June 17.—We are having what I call a fast market. They all want to buy or sell at the same time. It looks as If you can be 100 per cent successfully trading against any movement either up or down after it goes 20 or 30 points.
In the Sugar Market
(By Thomson St McKinnon) NEW YORK, June 17.—Regardless of the statistical position market sentiment continues bearish. Speculative confidence has been undermined for the time being by the amount of distress sugar that recently came upon the market, but so far as we can learn there is little likelihood of anv further offerings from sources of this character. .Crop conditions in Cuba are not favorable and American stocks are inadequate. A recovery must ensue before long.
THE INDIANAPOLIS TIMES
Commission Row
PRICE TO RETAILERS FRUITS Apples—Box apples—Wlnesaps. $3.50® 4. Extra fancy barrel apples—Ben Davis. $4414.25. Fancv barrel apples—Ben Davis. $3.25®3.50. Basket apples, 40-lb. basket— Ben Davis. $1.25®,1.50. Bananas—44lsc lb. Cantaloupes—California standard crates. $5; ponv crate $4; flat crates, $1.75. Cherries—California, $3.50®4 box (8% lbs.). Grapefruit—Fancy. $4.75415.50. Lemons —California. $5.25®6.50. Limes—California. $3 per hundred. Oranges—California Valencias erate. $3.254/,8. Pineapples—Cuban. $4®4.25. Raspberries—H. G. red, 24 pts., *4.50; H. G. black, 24 pts.. $3.50. Strawberries—Tennessee, 24 qts., *3.50 ®5. Watermelons Florida (average 30 lbs.), 90c551.15. VEGETABLES Asparagus—H. G. fancy white. 40® 50c doz.; green. sl4/1.25. Beans—Green. $5 hamper. Beets—H. G . 85c doz; new cutoff. $2 bu. Cabbage—Mississippi. $7 crate. Virginia, half-barrel, $4. Carrot3—California. $2 bu.; Texas. *2 bu.: H. a.. 75c bu. Cauliflower—Crate. $2.25®2.50. Celery—Florida. 3 and 4 doz crate. $6; Mammoth, (washed) $1:50(21.75 doz. Corn—Texas. $2 bu. Cucumbers—Hothouse. $121.25. Garlic—California, 12%c lb. Kale—H. G.. 90c bu. _ Lettuce—lceberg, crt., S6.SO®T; H. 0.. hotbed. $1.50 15-lb basket. Mangoes—Florida. $2.50®3 basket. Onions—Texas vellow, $3.25; white. $4 crate: H. G. green. 65c doz. Parsley—H. G.. 75c dozen. Peas—California. $3.50 hamper. Potatoes—Michigan whites. 150 lbs.. $8; Maine Green Mountains. 150 lbs.. $8.50; Virginia Cobblers, $7.50 bbl. Radishes—H. G.. long red. 25 350 c; hothouse buttons, 40260 c. Rhubarb —H. G.. 40c doz. Spinach—Texas. $1.50 bu. Sweet potatoes—lndiana Jersey*. $2 bu. Tomatoes—H. Q. hothouse, 10 lbs.. $2.25; Texas pinks. $1.35 crate.
Indianapolis Stocks
—June 17— Bid. Ask. Amer Central Life 550 Amer Creoroting Cos pfd lot Beit R R com 66% 69 Belt R R pfd 58% Cent Ind Power Cos pfd 91% 95 Cities Service Cos com 46% ... Cities Service Cos pfd 88% ... Citizens Gas Cos com 55% 57 Citizens Gas Cos pfd ...107 Commonwealth Loan Cos pfd.. 99% ... Equitable Securities Cos com.. 51 Hook Drug Cos com 29% ... Indiana Hotel com 125 ... Indiana Hotel pfd 101 ... Ind Service Corp pfd 87% ... Indianapolis Gas com 60 Indpls Sc Northwestern pfd... 52 Indpls P& L 6%s pfd 98% 100 Indpls P & L 7s pfd 97 100 Indianapolis St Rv pfd 38% 40’ < Indpls water Cos pfd 103 ... Indpls Water Wks Sec Cos 98 Interstate P Ber pr lien pfd .100% 103 Interstate P S 6s pfd 85 Merchants Pub Util Cos pfd.. 100 North In Pub Service pfd 93 96 Progress Laundry com 22% ... Pub Sav Ins Cos 2 Rauh Fertilizer pfd 50 Real Silk Hosiery pfd 95 T H I Sc E com 2 T H I Ac E pfd 21 T H Trac & Lt Cos pf<J. 92 100 Union Trac of Ind com 1 Union Trac of Ind Ist pfd 7 Union Trac of Ind 2d pfd 2 Union Title Cos com 92 Van Camp Pack Cos pfd Van Camp Prod Ist pfd 95 Van Camp Prod 3d pfd 95 —Bank Stocks— Aetna Trust and Sav Cos 118 Bankers Trust Cos 132 Citv Trust Cos 150 Continental National 118 125 Farmers Trust Cos 240 Fidelity Trust Cos 162 Fletcher American 170 Fletcher Sav and Trust C0....275 Indiana National Bank 268 270 Indiana Trust Cos 230 .Livestock Ex Bank 162 172 Marlon County Bank 210 Merchants Nat Bank 325 Peoples State Bank 190 Security Trust Cos 275 State Savings and Trust . 90 Union Trust Company 415 Wash Bank and Trust Cos 160
—Bonds— Belt R R and Stockyards 4... 90 Broad Ripple 5s 80 Central Indiana Gas 6s 98 Cent Ind Power* Cos 6s ....103 Chi S Bend & N Ind 5s 34 Citizens Gas Cos 5s 103 Citizens St RR 5s 86% 89 Oary St Rv Ss 89 91 Home T and T of Ft W 6s 103 Indiana Hotel 5s 99% ... Indiana Northern 5s 2 Ind Rv and Lt 5s 95 Ind Service Corp 5s 92 % ... Ind Union Trac 5s 3 Indpls Col A- So 6s 99 101 Indpls Gas Cos 53 100 Indpls & Martinsville 6s 80 82 Indpls Northern 5s 24 26 Indpls <Be Northwestern 5s 80 82 Indpls Power and Lt Cos 5s ... 97 98 Indpls St Rv 4s 67 68% Indpls Trac and Term 5s 95 96 Indpls Union Rv 53 101 Indpls Water 5%s 103% ... Indpls Water Ist 5s 98 ... Indpls Water 4%s 96 Indpls Water Wk Sec Cos 65.... 100 ... Interstate Pub S 6s 103 ... Interstate Pub S Bs 6%s 105 N Ind Pub Serv Cos 5s 96% ... T H I & E 5s 87 T H Trac and Light 5s 99 | Union Trac of Ind 6s 17 18% —Liberty Bonds—- [ Ist 100.70 101.00 I Ist 4%s 102.90 103.14 1 2d 4%s 100.20 100.50 Hjil 103.50 103.90 U BTr 4%s 113.40 113.70 U S Tr 4s 108.20 108.60 I U S Tr 3%s 105.30 105.70 j U S Tr 3%s 99.90 100.25 —Sales—--40 Shares Citizens Gas Cos com 58% TWO CARTERS ISSUED Amusement Company, Club Will Promote Sports. Sport promoters lead the incorporation list at the secretary of State’s office today. Edgar H. Lawrence Amusement Company, South Bend, was incorporated with SIO,OOO capital “to promote boxing, wrestling and other sports.” The papers also provide for purchase of buildings and land for staging bouts. Hoosier Field Trial Club was incorporated by Dr. James R. Montgomery, Owensville, Ind., and tohers. The club will hold field trials and bench shows for pure-bred dogs and take an interest in game conservation.
Headed for Honolulu
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Miss Mildred Doran, pretty 21-year-old teacher of Flint, Mich., aims to be the first woman to take an airplane ride across the Pacific. With Pilot Augie Peddlar, she plans to fly from Flint to San Francisco to Honolulu in a giant monoplane. Peddlar and Lieut. Eyer Sloniger, a friend of Lindbergh’s, fli ipped a coin to see who should make the hop, which is being backed by William Malloska, wealthy oil man. Miss Doran is learning to be a pilot and has had considerable flying experience.
MANY TRADERS EXPECT HIGHER WHEAT PRICES Do Not Look for Passage of Kessinger Bill by Illinois House. Bu United Press CHICAGO. June 17.—Wheat looks higher to many traders today, barring the passage of the Kesinger bill by the Illinois house, and the general belief seemes to be that legislation has been deferred indefinitely if not eliminated entirely. Opening quotations were Me lower to Me higher than yesterday’s close. Weather is again unfavorable for harvest and the movement of wheat in the Southwest owing to additional rains. Trade in.corn has broadened materially and prices are now within 4%c of the previous high mark. The situation in corn shows no material change, but the general disposition of the public is to buy corn on crop prospects. Prices opened Me to v*c higher than the previous close. Oats are disappointing its supporters by lack of activity, but this is due more to, the great interest being displayed in wheat and corn than to any factor concerning oats. Conditions are about similar to those in corn. Opening prices were %c to Me higher than Thursday’s close. Provisions opened steady. Chicago Grain Table —June 17— WHEAT— Prev. Open. High. Low. Close, close. Julv.. 1.46% 1.% 1.44% 1.44% 1.46% Julv. 1.02 1.03% .99% 1.00 1.01% Sept. 1.07% 1.09 1.05% 1.05'* 1.07% OATS— Julv.. .49% .49% .48% .48% .49% Sept . .48% .49% .47% .48 .48% Julv AR ?2.B5 12 67 12.75 12 75 12 85 Sept 13.07 13.12 12.95 12.9.5 13.07 July 12.15 12.25 JuW YE Ti7% 1.18 115% 1.15% 1.17% Sept.. 1.05% 1.08 1.03% 1.04 1.05% By Times Soerinl CHICAGO. June 17.— Primary receipts: Wheat. 679.000. against 611.000: com. 809.444 against 500.000; oats. 271.000. against 508.000. Shipments: Wheat. 623,000. against 400 000; corn. 794.000. against 282,000; oats. 345,000, against 324.000. Bn Times Boeeial CHICAGO. June 17.—Carlots; Wheat. 29. corn. 155; oats, 52. rye. 0. Bn United Press _ , .... CHICAGO. June 17.—Cash grain: Wheat —No. 1 hard. $1.52%: No. 2 hard. $1.51%. Corn-No. 2 vellow, $1.02® 1.04; No. 3 vellow, sl4/101%: No. 4 vellow. 95%®96c; No. 5 vellow. 90® 95'}c: No. 6 yellow. 88% ®92c; No. 2 mixed. $1.02; No. 4 mixed. 96c; No. 5 mixed. 89%/./90c; No. 6 mixed. 88® 88%c: No. 2 white. $1 02%: No. 3 white. $1.01%: No. 4 white. 95c. No. 5 white, 93c; No. 6 white. 88 r /88%c; sample grade. 73®87c. Oats—No. 2 White, 51%®53%c: No. 3 white. 481/ 50c; No. 4 white, 44%® 47c; sample grade, 43® 46c. Bariev—9o ® 91c. Timothy $4.75® 5.75. Clvcr— S2O @35. Bn United Press TOLEDO. Jui/e 17.-Close Wheat—No. 2. $1,444*1.45. Corn No. 3. $1.03® 1.04. Rve—No. 2. $1.19. Oats No. 2, 51%// 52%c. Clover—Cash Imported. $13.75; October. $16.75: December, $16.65. Tlmothv Cnsh new. $2.55; old. $2.45; December. $2.75. Al*tke -Cash, sl4. Butter- 42 / 45c. Eggs—22® 27. Hay—s2s. Marriage Licenses Carl Rosselot, 24. 3526 Oarden, bookbinder. and Marjorie Ott. 18. 39 N. Dennv. factory employe. Donald Gilchrist. 34. 525 Oxford, foreman, and Erna Noelup. 25. 1211 Ashland. Alva Hurt. 25. 1760 Blaine, sheet metal worker and Ella A. Paugh, 20. Route 5. John W. Hurt. 25, *ll Sanders, machinist and Emma Dovlc. 22. 834 N. Grav. Clyde W. Martin, 38. Colonial hotel and Aulta Hastings. 30. 2322 N. Illinois, housekeeper. Births Twins Clarence and Clorlnc Stelnmetz. Long hospital, boys. Boys Cleero and Bessie Kennedy. 630 N. Highland St. Orville and Gladrith Workman, 2241 Brooksidc. James and Hazel Steele. 2862 Brooksidc. Walter and Bessie Ludlow. 1020 Rochester. Arthur and Amelia Howell. 1632 Tabor. /4orman and Mary Rlchhart, Methodist Hospital. Paul and Ruth Cornelius. Methodist Hospital. william and Mav Carver. 161.6 Flnlcv. William and Addle Hoeitke, 1258 Roosevelt. Ralph and Evangeline Morford. Long Hospital. Edwin and Clorlnc Stelnmetz, Long Hospital. boy twins. James and Dena Fouty. Long Hospital. Charles and Martha Schilling. Long Hospital. Verna and Nellie Masterson, Long Hospital. Robert and Agnes Lesher, Long Hospital. Theodore and Florence Whalin, Long Hospital. Joe and Mirtie Starks, 333 Douglas Howell and Mary Shreve. 534 E. Ohio. John and Pohanna Allen. 333 Middle. Thomas and Margaret Avers. 1128 E. Pratt. Henry and Odessa Barbour. 971 Indiana. Girl* Oran and Grace Baker. 431 St. Peter. Fred and Mary Farquer, Methodist Hospital. Bamuel and Flora Peck, Methodist Hospital. Edward and Esther Cunningham. Methodist Hospital. Herman and Georgia Bower. 1302 E. Michigan. Harold and Mary Mlnter, Christian Hospital. Orville and Opal Bright. 1027 Harrison. George and Helen Bowling. 1230 Hoefgen. Edward and Dora Metcalf. Long Hospital. girl Ransom and Myrtle Walker. Long Hospital. girl. Sam and Sophie Passo, Long Hospital, girl. Oral and Kathryn Breedlove, 1314 E. New York. girl. Wallace and Erna Lewellyn. 1812 Broadwav. girl. En/mett and Katie White, 217 Cora. girl. Willie and Leatha Smith, 1115. Fayette, girl.
BROWNING OBJECTS TO PAYING PEACHES $4,384 Asks Court to Vacate Order Awarded for Fees. By United Press BROOKLYN. N. Y., June 17.—Edward West Browning today asked the appellate division of the Supreme Court to vacate an order returned on April 15 by Justice Morschauser awarding Frances Heenan (Peaches) Browning $4,384 for counsel fees and other disbursements. Mrs. Browning, in her answer, described herself as ‘‘a poor girl of 16” and her husband as a millionaire whose holdings exceed $7,000,000. She said Browning was able to press his separation action while, she had only $8,500 awarded her Nov. 23, 1926, to fight her case. COLLEGIANS FAIL TO SET RAILROADS AFIRE High School Graduates Praised by U. P. President. Bli United Press KANSAS CITY. Mo.. June 17. University graduates do not play any more important part in the railroad business now than they have in the past, according to Carl R. Gray, president of the* Vnion Pacific railroad, in an interview here. Gray said the highest educated employes of the Union Pacific usually were high school graduates. He was of the opinion too many college graduates sought executive positions. WILL ROGERS SENT TO HOSPITAL FOR SURGERY Humorist in Good Condition for Operation in Los Angeles, Bu United Press LOS ANGELES. June 17.—Will Rogers, wandering humorist, and mayor of Beverly Hills, prepared to undergo an operation for gallstones in the California Lutheran Hospital here today. Rogers was removed to the hospital late yesterday, when he failed to respond to treatment on his return from a country-wide lecture tour. Rogers Is in excellent condition to withstand the shock of an operation, his physician said. SMILES AS HE HANGS Confessed Murderer Breaks Down Before 3lother. Bu United Press HARRISBURG. HI., June 17. Joe Chesnas, 22, convicted murderer of William Unsell, aged mail carrier. was hanged today. He faced death with a calm smile. The trap of the scaffold was sprung at 9:55 a. m. and at 10:16, twenty-one minutes later, physicians pronounced Chesnas dead. Cool and steady to the last, Chesnas was still smiling when his executioners adjusted the black bag and the noose. He announced himself ready for death after eating breakfast with apparent relish. Chesnas confessed to the murder of the old mail carrier. He explain2d that he was one of three men who previously had robbed Unsell and /eared the Victim might recognize him and order his airest. OFFICER SETS EAMPLE Halts Traffic to Escort Blind Youths Across Street. Boy Scouts, interested in doing good turns, could have found example in the action of John Mosley, Negro traffic policeman, stationed at the northeast orner of the State House. Two blind boys approached the corner of Capitol Ave. and Ohio St. They sought to cross over to the State House lawn. Traffic w*as whizzing past, first this way and ■then that, at the direction of Officer Mosley. The boys halted. During a lull they attempted to cross. Thrice they were driven back in fright. Then the officer spied them. He held up both hands, halted traffic in all directions and escorted the blind youths across. G. A. R. FUND BOOSTED Greatest Donation in History Made at Gary Meet. Largest contribution in Indiana G. A. R. history was made by allied organizations at the Gary encampment, Miss Mary Marek, secretary to Adjutant Albert J. Ball, reportedtoday. Total contributed was $1,629. The bank baiance of $6Bl gaves the G. A. R. a contributed fund of $2,310. To this is added the annual operation appropriation of the State, amounting to $2,500. Next year’s meeting will be at Columbus, Ind. Deaths Marv Marie Richards. 1, 1034 Cornell, scarlet fever. Charlotte Gales. 48. City Hospital, cerebral hemorrhage. Mortin Mickey, 22. 1431 Mill, mitral Insufficiency. Florence Crist. 27. 1311 W. Thirty-sixth, pulmonary tuberculosis. Sarah Isabel Thorpe. 70. 518 N. Riley. Angina pectoris. m Richard Smith. 46. 805 Locke, pulmonary tuberculosis. David W. Keltev. 85, 1622 Lexin*ton, chronic myocarditis. Laura Thompson. 47. Methodist Hospital, cerebral hemorrhage. George A. Friesel. 59. City Hospital, cerehrEu *en°e Pl<l StarUn. 7. 838 8. Missouri, chronic myocarditis. , John W. Kirk. 87. City Hospital, frac--1 U Samuel^Johnson, n 40.' 1845 Calvin, aortic re Sorean t Orove. 38. 863 W. Walnut, acute gastro enteritis.
Super-Thrift Bu United Press WASHINGTON, June 17. Government economy experts have found anew way to save money. When clerks in the agricultural department received their latest salary envelopes they were requested to take out the contents—and return the envelopes. A watchman saw to it that the envelopes were surrendered and will be used at next pay day.
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