Indianapolis Times, Volume 39, Number 251, Indianapolis, Marion County, 27 February 1928 — Page 12

PAGE 12

PRICE CHANGES ARE IRREGULAR IN USTTODAY Trading Continues at Moderate Pace; No Group Under Pressure.

Average Stock Prices

Average of twenty industrials Saturday ras 193.08. off .07. Average of twenty iails was 135.82, up .89. Average of forty onds was 99.06, oft .03. By United Press NEW YORK, Feb. 27.—Irregularity in price movements again characterized trading on the stock exchange as the new week got under way today. Trading continued at a moderate pace without severe pressure on any particular group. Mack Truck continued its downward movement, selling off \Ys points to 9314; International Nickle dropped 1% to 76%, Vanadium a point to 78% and Gold Dust a point to 92%. Western Maryland was in good demand, rising two points to 44%. Wabash was active, but eased Yz point to 65. Other rails were steady. Atlantic refining spurted two points to 102, featuring the oil issues. Montana Power led utilities with a gam of 1% points to 163%. United States Steel opened at a loss and then moved up to a net gain of Vs at 140%, while General Motors eased % net to 136. Describing the market,' the Wall Street Journal’s Financial Review today said: “Discouragement over the immediate speculative outlook caused an accumulation of selling orders over Saturday and prices worked generally lower in the early dealings.” Heaviness continued to characterize the action of the general list. Offerings of principal industrials were thrown on the market and substantial losses were forced in stocks of this class. Steel common broke 1% points to 138%, which was the point of resistance established on the reaction a week ago. Bears made a determined drive ,on Steel on the theory that the new low in this issue would uncover fresh liquidation throughout the list.

Banks and Exchange

FOREIGN EXCHANGE B’j United Press NEW YORK, Feb. 27—Foreign exchange opened steady. Demand sterling. $4.87 9-16, up .00%c; francs, 3.93%c; lira. 5.29 c; marks, 23.86%c; belga. 13.92 c, up .OOVic. TREASURY STATEMENTS II ii United Press WASHINGTON, Feb. 27.—The Treasury net balance for Feb. 24 was $69,961,309.42. Customs receipts this month to Feb. 24 were $34,543,776.02.

In the Stock Market

(By Thomson fiz McKinnon) NEW YORK, Feb. 27.—1 t would not be surprising if today’s general stock market took its cue from general business and presented a series of cross currents. Markets of this character are apt to change quickly from an apparently sustained rallying period to a sharp liquidating movement. Individual stocks, including rails, could make another attempt to complete some sort of a normal recovery. Because of the Interstate Commerce Commissions order to show cause why Kansas City Southern should not give up controd of rival lines, coming developments in connection with plans reported as formed by Mr. Loree for a great railroad merger in the Southwest may have an important effect on the future course taken by other roads, in regard to consolidation. As for the general market, and with all due respect to attempts driving in the shorts, the main consideration it seems to me, is the trend—irregularly downward, subject to such accasional rallies which usually accompany periods of adjustment? Reduction of commitments on bulges appears advisable.

Commission Row

PRICE TO RETAILERS FRUITS Apples—Fancy barrel apples, seasonable varieties, $8.5055)9; barrel apples. s7®B; fancy basket apples, seasonable varieties, $2.25@3, 40 lbs.; choice box apples, seasonable varieties, $3.25®4.75. Cranberries—s7.so quarter barrel. Grapefruit—Florida. $4®5.75. Grapes—California Emperors, $6 keg; California Malagas. $8 per keg. Kumquats—Florida, 20c quart. Lemons—California. $8 a crate. Limes—Jamaica. S3 tier 100. Oranges—California navels, [email protected] per crate; Florida, $4.50@6 crate. Pears—Washington D’AnJous, $6.50 box. Washington D’Anfous. $6.50 per box Strawberries—Florida. 75c quart. Tangerines—Florida. [email protected] crate. VEGETABLES Artichokes—Californio, $1.75 dozen. Beans—Southern, $8 hamper. Beets—sl.2s bu. Brussels sprouts—3oc lb. Cabbage—H. G., V/s<S2c lb.; Texas, 4c lb.: red, 4c lb. Carrots—sl bu. Cauliflower—California. 2<5,2.25 crate. Celery—California, $7 per 8, 9 and 10doz. crates; Florida, $3.25 per crate. Celery cabbage—sl.so doz. bunches. Cucumbers—lndiana hothouse. $2.50@3 for box of 1 doz. Eggplant—H. G., $2 doz. Endive—sl.so doz bunches. Kale—s2.so barrel. Leek—soc bunch. Lettuce—Arizona, head. $4 per crate; hothouse, leaf, SI.BO, 15 lbs. Mushrooms—sl.7s, 3 lbs. Onions —Spanish, $2.75@3 crate; Indiana yellow. $3, 100-lb. br.g; Indiana red, $2.50 cwt. Oysterplant—4sc doz. bunches. Parsley—6oc per doz bunches. Parsnips—sl.so bu. Peas—California telephone. $7 hamper. Peppers—Florida mangoes, $7 crate. Potatoes—Michigan white, $3.30®3.40 150 lbs.; Minnesota Russets. $2.60 120 lbs. - Minnesota Red River Ohios, $2.50, 120 lbs.; Idahos, $2.75 cwt; Texas Triumphs. $3 per hamper; Florida Triumphs, $4.50. 50 lbs. Radishes—Hothouse, button, 90c per doz Rutabagas—Canadian, $2.50 per cwt. Shallots—soc doz. bunches. Spinach—Texas, [email protected] bu. Sweet Potatoes diums. $2 bu.; Indiana Jerseys. $3.50 bu.; Nancy Hall. *1.75 hamper. Tomatoes—California. $5.50@6. 6-basket crate; Cuban, *3.50®4.50 crate. MISCELLANEOUS Older— s4.so. fl-gsl. case: $4.75 doz. %- gal. ]ars. Cocoanuts—s6 per 100 . GaMfc-20c per lb.

New York Stocks (By Thomson & McKinnon) —Feb. 27Railroads— Prev. High. Low. 12:00 close. Atchison 185% ... 185 185% Atl Coast Line 174 Balt & Ohio ...112% ... 11l 112% Canadian Pac ...203% 202% 203% 204% Chesa & Ohio ...191 ... 189% 191 Chi & Alton 6% Chi & N West.. 82% 81% 82 82% Chi Grt West... 11% ... 11% 11% c r i & p....n0% ... no no Del & Hudson.. 166% ... 165 169 Del & Lacka 134% Erie 54% ... 5S 54 Erie Ist pfd 56 ... 56 56 Grt Nor pfd 94% ... 94% 95 111 Central 137% ... 137% 137% Lehigh Valley 89% Kan City South 58 ... 56 56 Lou & Nash 148 MK & T 38% 37% 37% 37% Mo Pac pfd ....108% ... 107% 108 N Y Central 160% ... 159 159% NY C &St L... 131% ... 131% 132 N Y N H & H.. 62 ... 62 62 Nor Pacific 95% ... 95% 95% Norfolk & West .182 181% 182 183 Pere Marquette .130% ... 130% 131 Pennsylvania ... 65% 65 65 65% P & W Va 129 ... 128 127 Reading 98% ... 98% 99% Southern Ry ...143% ... 143% 144% Southern Pac ..119 ... 118% 119% St Paul 17% 17 17% 17% St Paul pfd 32% St L & S W.... 73% 73 73% 73 St L & S F 113 ... 112% 112% Tayu <1 At Pa r* lid*. Union Pacific ■.'.■.194% i94% i94% 194% West Maryland.. 44% 42% 42% 42% Wabash 66 ... 65 65’% Wabash pfd ..../94% 93% 94% 93 Rubbers— Ajax 10 9% 10 10% Fisk 15% 14% 15 14% Goodrich 81% ... 81% 82% Goodyear 60% 59 60 60 Kelly-Spgfld ... 17% ... 17% 17% Lee 18 ... 18 18% United States .. 47% 46% 46% 46% Equipments— Am Car & Fdy..105% ... 108 105 Am Locomotive 110 Am steel Fd.... 56% 55% 55% 57 Baldwin Loco 252 General Elec 126% ... 124% 126% Gen Ry Signal .105% ... 105 106% Lima Loco 56% N Y Air Brake... 46 ... 45 45% Pressed Stl Car. .. 23% Pullman 81% .... 80 81% Westingh Air B. 51% .... 50% 51% Westingh Elec ... 92% 91 % 91% Steels— Bethlehem 56% 56% 56% 57 Colorado Fuel .. 70 66% 67 70% Crucible 86% Gulf States St.l 52% Inland Steel ... 78 77% 78% Phil R C & l ... 33% 33% 34 Rep Iron & Stl., 60% .... 60% 61 Sloss-Sheff 127 U S Steel 140% 138% 138% 140'% Alloy 29% 29% 29 Younestwn Stl.. 95 .... 95 97% Vanadium Corp.. 78% 76% 77% 79% Motors— Briggs , 22 21% 21% .... Chrysler Corp. .. 57% 57% 57% 57% Conti Motors ... 10% .... 10% 10% Dodge Bros .. 18% 18% 18% Gabriel Sr.bbrs .. 21% 21% 21% 21% General Motors .136% 135 135• f 136'% Hudson 83% 81% 82'.4 82 Hupp 37% 37% 37 37% Jordan 9% .... 9% 10% Mack Trucks ... 94% .... 92% 94% Moon 6 5% 6 5% Me tor Wheel .... 28 .... 27% 27Va Nash 84 83% 84 84 Packard 59% .... 59 59% Peerless 17% 17% Paige 17% 17% 17% 17% Studebaker Cor.. 61% 60% 61 61 Stew Warner... 60% .... 79% 80% Strom'oerg Cart . 75% .... 75% 75 Timken Bear ...116% .... 116% 117% WiUys-Overland. 18% .... 18 % 18% Yellow Coach .. 29% .... 29 29% White Motor .. 31% 31 31% 31 Mining— Am Smlt & Rfg .171% .... 169% 171 Anaconda Cop . 54% .... 54% 54% Calumet & Ariz.. 95% .... 93 94T* Cerro de Pasco.. 63% .... 63% 63% Chile Copper ... 38% .... 38% 38% Greene Can Cop. 120'% 114 115 1194* Int Nickel 77'% 75% 75% 78 Kennecott Cop. 82% 81 82 Magna Cop .... 75% .... 75 76 Miami Copper .. 18V* 18% ... Texas Gulf Sul 71 Va 70% 70% 70% U S Smelt 40 .... 40 40V* Oils— Atlantic Rfg ...103 101 102 100 Cal Petrol .... 25% .... 25% 25% Freeport-Texas 70'% 68% 88% 70% Houston Oil 130 ... 127% 129% Indp Oil & Gas. 24 237% 24 24 Marland Oi! 34% 34 34% 35 Mid-Conti Petrol 27 ... 26 26 Lago Oil & Tr.. 29% ... 29% 29% Pan-Am 'Pet B. 40 39% 397* 39% Phillips Petrol.. 38 37 37% 37% Pro & Rfgrs.... 19% ... 19% 19% Union of Cal 44% Pure Oil 20% 20% 20% 20% ! Royal Dutch 46% i Shell 25% ... 25% 25% I Simms Petrol 19% I Sinclair Oil ... 19% ... 19% 19% Skelly Oil 26 25% 26 26',* Std Oil cal 53% 53% 53% 53% ! Std Oil N J.... 38% ... 38% 38% ! Std Oil N Y 29 % 29% 29'% 29% i Texas Corp 52% ... 52 52 i Transcontl 7% ... 7% 7% Industrials— Allis Chalmers. ..119% ... 119% 120 Allied Chemical 148% ... 1748 149% Armour A 14% ... 14% 14% Amer Can 76% 75% 76 76% Am Hide Lea ... ... 13 Am H L pfd.... 55'% ... 55% 55% Am Linseed .... 707 V ... 70 71 Am Safety Raz.. 57% 57% 57% 56% Amer Ice ... ... 31% Am Woolen 23% Coca Cola 130% ... 130 130 Conti Can 89% ... 88% 89% Certainteed 58% Congoleum 24% 24'/a 24% 24% Davison Chent.. 36'% ... 36% 36% Dupont 323 ... 323 322% Famous Players 116 115 115%! 116 Gen Asphalt ... 75 ... 74% 75 Int Bus Mch 127 ... 127 128 Int Cm Engr... 47 46% 46% 47% Int Paper 10% ... 70 70% Int Harvester ..234% ... 234% 233 Lambert 887 V 88 88'% 88%. Loews 59% ... 58% 59% May Stores 79 ... 79 79% Montgom Ward. 133 129% 129% 132% Natl C R 51 ... 50% 51 Pittsburgh Coal 48% Owens Bottle 76% Radio Corp 91% 90% 90% 92 Real Silk 26% Rem Rand 27% .. 27 27% Sears Roebuck.. 84 82% 83 84 Union Carbide ..138% ... 136% 137% U S Leather 24% Unix Pipe 22% ... 227's 22% U S Os Ir Pipe 197 U S Indus Afco.,llo ... 108% 110% Worthington Pu .. ... 28 Woolworth Cos ..179% ... 178% 100 Utilities— Am Tel & Tel 177% Am Express 182% Am Wat Wks.. 54% ... 54'% 55 Col G & E 91% Consol Gas 131% ... 130 131 I Elec’Pow & Lt.. 33% ... 33% 30% Interboro 34 Nor Am Cos ... ... 607 V Montana P 163% 162% 164 162% Peoples Gas 174 % Std Gas & E 1... 60% 60% 60% 61% Utilities Power.. 31 30% 30% 30'% West Union Tel. .. 165 Shipping— Am Inti Corp 75% Am Ship & Com 4% Atl Gulf & W 1 39% Inti Mer M pfd 37% United Fruit ...140% 140 140% 140 Foods— Am Sug Rfg 59% ... 69 60 Austin Nichols.. 4% ... 4% 4% Beechnut Pkg... 79% ... 79% 79% California Pkg , 74% Corn Products.. 66% ... 66% 67% Cuba Cane Su p 27 ... 27 26 Cuban Am Sug.. 20 ... 19% 20 Fieischmann Cos. 69% 68% 68% 69'/* Jewel Tea 81 Jones Bros Tea.. 32% ... 32 33 Natl Biscuit 165% ... 165% 165% Punta Alegre.... 30% ... 30% 30% Postum Cos 120% 119% 120 120% Ward Baking 8.. 24 ... 24 2}'/a Tobaccos— Am Sumarta ... 48% ... 47% 48% Am Tobacco 161'/a Am Tob B 163 ... 163 161 % Con Cigars .... 82% ... 82% 82 General Cigar .. 70 ... 70 69% Lig & Meyers ...107% 107 107% 107% Lorillard 36% ... 36% 36 R J Reynolds 139% ... 139 139% Tob Products B. .108 ... 107% 108% United Cigar St 31% ... 31% 32 Schulte Ret Strs 50% 49% 50 50

860 MOTORISTS TAGGED Must Appear in Answer to Cars Not Bearing Tail Lights. With 234 motorists arrested Sunday for failure to have proper tail lights, the total number arrested for violation of the tail light ordinance reached 860 for five days, since police started their war on unlighted automobiles. Seven hundred of those arrested will appear in the traffic office today with alternative before them of paying a fine or appearing for trial in municipal courts. Polli Chief Claude M. Worley ordere the drive in connection with b s safety campaign. Urges Fund to Fight Cotton Pest By United Press WASHINGTON, Feb. 27.—President Coolidge recommended to Congress today that $150,000, instead of SIOO,OOO, be ma,de available immediately from the $400,000 appropriation he asked recently for eradicating the pink boll worm in Texas.

PORKERS START WEEK ON DOWN SIDEATYARDS Best Hogs Sell at $8.60 in Steady to 10-Cent Lower Market. Feb. Bulk. Top. Receipts. 20. 8.50® 8.75 8.78 5,000 21. 8.35® 8.60 8.60 15.000 22. B.lo® 8.35 8.35 16,000 23. 7.75® 8.25 8.25 1 0.500 24. 8.30® 8.65 8.55 4,000 25. 8.35® 8.65 8.65 2.500 27. 8.25® 8.60 8.60 7.500 Hogs were generally steady to 10 cents lower on the Union Stock Yards today. The top was $8.60 and the bulk ranged from $8.05 up. Approximately 7,500 animals were received and 608 held over. Calves and sheep and lambs were little changed with best animals scarce. Receipts were fairly light. Cattle were steady. The Chicago market opened slow with traders asking 10 to 15 cents higher and early bids strong to 10 cents up. The top was $8.30. F.eceipts were estimated at 65,000 and there was 3,000 holdovers. Hog Prices A drop of 5 cents was recorded in the heavy meat division, 250-350 pounds, which brought $7.75 @8.30. Material weighing 200-250 pounds was off evenly 10 cents at $8.25 @ 8.50. The top was down 5 cents in the lightweight class which brought $8.25 @8.60. Light lights, 130-160 pounds, went at [email protected], 10 to 25 cents lower. Pigs dropped 25 cent* on the top at [email protected]. Packing sows were unchanged at $6 @7.25. Cattle were unchanged throughout, beef steers bringing $10.50 @12.75 and cows, $7 @lO. Low cutter and cutter cows were $5 @6.75 and bulk stock and feeder steers, $7.50 @9.50. Receipts were 700.

Others Steady Best sealers brought $16@17 in an unchanged market. Heavy calves were $6.50 @10.50. Receipts approximated 400. Lamb' in a narrow range although the market was generally steady with 300 animals in the pens. The top was $15.75, unchanged. Bulk fat lambs sold at sl4@ 15.50, 25 cents lower on the top and bulk culls brought $7.50 @11.50, up 50 cents on the low end of the range. Bulk fat ewes were unchanged at $6.50 @9.50. —Hogs— Receipts. 7,500. market, steady to lower. 250-350 ibs $7.75® 8.30 200-250 lbs 8.25® 8.50 160-200 lbs 8.354/ 8.60 130-160 lbs 7.50®> 8.25 90-130 lbs 6.0041' 7.50 Packing sows 6.00® 7.25 -CattleReceipts 7CO; market steady. Beef steers $10.500 12 75 Beef cows 7.004/.10.00 Low cutters and cutter cows ~ 5.504) 6.75 Bulk Stocker and feeder steers 7.50® 9.50 —Calves— Receipts, 400; market steady. Best vealers $16.00® 17.00 Heavy calves 6.50010.50 —Sheep and Lambs — Receipts, 300; market, steady. Top fat lambs $15.75 Bulk fat lambs 14.00015.50 Bulk cull lambs 7.50® 11.50 Fat ewes 6.50® 9.50 Other Livestock By Times Special LOUISVILLE. Feb. 27.—Hogs—Receipts, 3,500; market, steady; 250 lbs. up, $8.10: 175-250 lbs., $8.60; 130-175 lbs, $8.90; 130 lbs, $6.35; 90 lbs. down, $5 85; roughs, $6.45; stags, $5.85. Cattle—Receipts, 800: market, steady; good to choice, $11.50® 13 50; medium to good. $9.50011.50; outs, $9.50 down. Sheep—Receipts. 50; market, steady; top lambs, $13®13.50; seconds. $8 010; sheep. s4® 7. Saturday's and Sunday's shipments; Cattle, 47; calves, 297; hogs, 207; sheep, none. By United Press EAST BUFFALO, Feb 27.—Hogs—Receipts, 12.000; holdovers, 2,296; market, 5® 15c Up; 250-350 lbs, $808.75: 200-250 lbs, $8.65® 8.90; 160-200 lbs, $8.75<@8.90; 130160 lbs, $8.2508.90; 90-130 lbs, $7.65® 8 25; packing sows, $6.7507.25. CattleReceipts, 1,500. Calves—Receipts, 1,300; market, weak to 25c down; calves, steady; beef steers. $11®14; light yearling steers and heifers. $11.50013; beef cows. $6.50® 9 50; vealers, $16.50017. Sheep—Receipts, 8.000; market .weak to 25c down; bulk fat lambs. $16.25; bulk cull lambs, sl2® 14.50; bulk fat ewes, $809.50. By United Press CLEVELAND, Feb. 27.--Hogs Receipts, 4 500; holdovers, 1.500; market, steady. 10c higher: 250-350 lbs, $8.25®8 50: 200-250 lbs, $8.5008.75; 160-200 lbs, $8.6508.75; 130-160 lbs, 57.7508.75; 90-130 lbs, $7,500 7.75; packing sows, $6.500 6.75. Cattle— Receipts, 1,200. Calves—Receipts. 500; market, weak, 15c down; beef steers. $10.50 012.25; beef cows, $709: low cutter and cutter cows. ss®6 25; vealers. $14.50®;17.50. Sheep—Receipts. 200; market, steady; top fat lambs. $16.50; bulk fat lambs. sl6® 16.25: bulk cull lambs, [email protected]; bulk fat ewes. $6.5008.50. • By United Press PITTSBURGH, Feb. 27.—Hogs—Receipts, 7.300; market, steady to 10c lower; 250350 lbs, $8.250 8.75; 200-250 lbs, $8.60® 8 90; 160-200 lbs, $8.8008.90; 130-160 ibs, $8.2&®8.9; 90-130 lbs, $7.2508; packing sows. $6.50® 7.50. Cattle—Receipts. 800. Calves— Receipts, 1,100; market steady to 25c down: calves steady to 50c down; beef steers, $11.50013.75; light yearling steers and heifers. $11013.50; beef cows, $7.50® 10; low cutter and cutter cows, ss® 6.50; vealers, $15.50017; heavy calves, $7.50® 14.50. Sheep—Receipts, 4.200; market, steady; top fat lambs, $16.50; bulk fat lambs, $16016 50; bulk cull lambs, sl2® 14. ' ARRANGE FINAL RITES FOR J. A. THOMPSON, 62 Abattoir Corporation Official to Be Buried Tuesday. Funeral services for J. Alfred Thompson, 62, Indianapolis Abattoir Corporation secretary-treasurer, who died Saturday night at his home, 3804 Central Ave., from pneumonia, will be held Tuesday morning. Burial will be in Holy Cross cemetery. Bom in Brooklyn, N. Y, Mr. Thompson moved to Indianapolis in 1909. Surviving relatives include the widow, three sons, J. Alfred Thompson Jr., Ralph F. and Louis F. Thompson, all of Indianapolis; two daughters, Sister Theresa Gertrude, St. Mary-of-the-Woods, and Mrs. Edwin M. Ferris, 209 E. Thirty-First St.; five brothers, one sister and seven grandchildren. Mr. Thompson was a member of the Catholic Church and a charter member of the Indianapolis Association of Credit Men. CONSIDER PARK.CHIEFS Appointments of Custodians Up at Board Meeting Thursday. Appointment of city park custodians will be considered by the park board Thursday, according to President John E. Milnor. There will be few changes in the present list of about twenty, Milnor said. There are no Democrats on the list, Milnor declared. “We may make two or three changes for efficiency,” he said.

THE INDIANAPOLIS TIMES

THE CITY IN BRIEF

TUESDAY EVENTS Indianapolis Pure Food ai.d Household Appliance Show, Cadle Tabernacle, 1 p. m. to 10:30 p. m. Rotary Club luncheon, Claypool. Purchasing Agents’ Association luncheon, Severln. Gyro Club luncheon. Spink-Arms. Mercator Club luncheon. Spink-Arms. University of Michigan Alumni luncheon, Lincoln. Universal Club luncheon, Columbia Club. American Chemical Society luncheon. Chamber of Commerce. Phi Gamma Delta luncheon. Chamber of Commerce. Women’s Whist Club, Severln, 1:30 p. m. Indianapolis Medical Society meeting. Athenaeum. 6:30 p. m. Arrested here last week as a fugitive, and returned to Anderson, Ind., Orville Bertram, 707 Union St., again is being sought by police. Released from the Anderson jail Sunday night on bond for child neglect, Bertram is said to have gone to the home of his divorced wife in that city and shot a man who was calling on her. He is wanted for shooting with intent to kill. Vernon McConaugha, 27, was reported missing from his home, 615 N. Parker Ave., today His wife asked police aid in finding him. He was last seen Sunday. Municipal Judges Dan V. White, Paul C. Wetter, Thomas Garvin and C. R. Cameron will be guests at the Gyro Club luncheon at the Spink Arms Tuesday. Judge White will speak. Youths who cast aside conventions to learn the dirty underside of life were scored by the Rev. George Arthur Frantz, First Presbyterian Church pastor, Sunday at the last meeting of the Y. M. C. A. Big Meeting series. Charles Doughty, Roosevelt Hotel, faces charges of drunken and reckless driving. He was arrested Sunday night after his automobile struck a traffic signal at Fourteenth and Meridian Sts. When Motor Policemen McClure and Viles approached he ran to the rear oi a building and smashed a bottle of whisky, they said. Two small boys were taken to the detention home by police Sunday when they were caught in the Loose-Wiles Biscuit Company office, 711 N. Fulton St., by E. D. Barnes, manager. Barnes told police that he had caught the boys in the office after they had damaged S6O worth of candy. Kiwanis Club will hear the Rev. W. Henry McLean, assistant to the president df DePauw University, at luncheon Wednesday at the Claypool. The DePauw University school of music will provide entertainment Dwight S. Ritter is program chairman. Representatives of the Church Federation of Indianapolis and of the Catholic churches of the city will meet at 8 tonight to discuss further the possible closing of Indianpolis stores at 3 Good Friday afternoon. The meeting will be at. the Y. M. C. A. Marion County council of religious education will hear the Rev. Harold L. Proppe. College Ave. Baptist Church pastor, at a dinner Tuesday night at Central Universalist church. Robert Harrison and Miss Mable Guttery also will speak. Mrs. Grover D. Leonard, missionary to Liberia, described her experiences there for the Luther League of the Ebenezer Lutheran Church Sunday night. Mrs. Leonard spent ten years in Liberia. Mrs. M. F. LaiTerty, Lexington. Ky„ historian, traced the settlement of Kentucky by the Virginians, before the Nature Study Club of Indiana at its annual dinner at the Marott Hotel Saturday night. C. J. Buchanan, president, was toastmaster. The Rev. F. W. Sumner of Fairbanks Christian Church gave the invocation. W. J. Holliday was elected president of the Yale Alumni Association of Indiana at a banquet Saturday night at the University Club. Howard W. Wills was named sec-retary-treasurer. H. A. Worcester of Cincinnati was indorsed to succeed Otto T. Barnard of New York as a member of the Yale corporation. Police notified Mrs. Lilly Jones, 1017 N. Hamilton Ave., Sunday, that her son, Ren Jones, 23, was in a Chicago hospital suffering from a bullet wound accidentally inflicted. A telegram from the Chicago police said the wound probably would prove fatal. “Russia” will be the topic before the Bible Investigation Club at the Y. M. C. A. Wednesday night, according to A. L. Roberts, secretary. A dinner at 6:20 p. m. will precede the talks. Otis Allen, 10, Negro, of 1025 W. Walnut St., was treated at city hospital today for a deep cut In his left leg suffered Sunday night when his slep gashed Into a telephone pole while sliding with companions near his home. Southern Star Council, Security Benefit Association, will hold a card and bunco party tonight at V. F. W. hall, 210 E. Ohio St.

PLAY CAST NAMED Dale Dorsett, Mary Seward Have Leads in Tech Show. Dale Dorsett and Mary Seward will take the lead parts in the Technical High School senior play to be given in April, it was announced today. Others who will take major parts are Russell Potter, Famington Bridewell, David Milligan, Roy Van Arsdale, Wilhelmina Carson, Delight Baxter, Freda Etinger, Georgia Bass and Cecil Nease. MRS. PINCHOT IN RACE Wife of Pennsylvania’s Former Governor Seeks Congress Seat. By United Brens WASHINGTON. Feb. 27.—Mrs. Gifford Pinchot, wife of Pennsylvania’s former governor announced today her candidacy foi the Republican Congressional nomination in the Fifth Pennsylvania District. She set herself a platform of farm relief and prohibition.

WHEAT FIRMS; HIGH RECEIPTS DEPRESS CORN Major Grain Strengthens After Early Slump; Oats Follows. By United Press CHICAGO, Feb. 27.—Heavy receipts at principal markets depressed corn prices on the Chicago Board of Trade today. Wheat firmed after an early slump and worked slightly higher. Oats followed. Provisions worked higher. Receipts of 734 cars of corn started a rapid decline. Many traders bore in mind the fundamentally bullish corn situation and gains lc to 3c prevented any rally, however. Wheat was under considerable pressure early. Liverpool was lower, but American winter wheat reports were favorable. There was good buying on the dip, and when a moderate export business was reported, the trend turned upward. Receipts were twenty-seven cars.’ The cash market held unchanged. Possibility of a sharp decrease in the visible supply brought fair Interest Into the oats pit. There was good buying by industrial 7 companies, but prices failed to advance more than a minor fraction. Chicago Grain Table —Feb. 27WHEAT— „ „ Prev. High. Low. 12:00. close. March 1.33% 1.32% 1.32% 1.33 Mav 134% 133%- 1 33% 1.33% July 1.32% 1.31% 1.32 131% CORN— March 93% .92% .93% .93% May 97% .96% .96% .96% July 99% .98% 99 .99 OATS— March 54% .544* .54% .54% Mav 56% .55% .56 -553*. July 52 H RYE— March 1.11% 1.11% 1.11% 1.11% May 1.12% 1.11% 1.12 1.12% July 1.07% 1.07 1.07% 1.07% LARD— March 11.27 11.17 11.27 11.15 Mav 11.55 11.45 11.55 11.42 July 11.82 11.72 11.82 11.70 Sept 12.05 11.97 12.05 11.95 RIBS— * Mav 10.92 July 11.17 By Times Special CHICAGO. Feb. 27—Carlots: Wheat. 14; corn. 426; oats, 34, rye, 0.

Local Wagon Wheat

Local grain elevators are paying $1.44 for No. 2 red wheal. Other grades are Durchased on their merits.

Produce Markets

Butter (wholesale price)—No. 1, 49® 50c. No. 2, 47 0 48c lb. B’.itterfat /buying price)—4so46c lb. Cheese (wholesale selling prices, per pound' —American loaf, 35®38e; pimento loaf. 384/ 40c; brlek loaf. 35® 38c; Bwiss No. 1. 42 3 44 r; Imported Swiss. 52c; Wisconsin flat, mild and sharp. 32®34c; print cream. 380 40c; flat display. 28®30c: Long horn.. 28®29c: New York limberger. 42® 44c. Eggs—Buying prices: Fresh, delivered at Indianapolis, loss cIT. 23024 c doz. Poultry (buying prices) —Hens. 210.22 c; Leghorn hens. 15017 c; springs. No. 1 soft meated. 20 0 22c; Leghorns. 15®17c; young springs. 13016 c; roosters. 10® 12c; Leghorn stags, 10 ’ 12c: capons. 8 lbs. and over. 310 32c; 7 to 8 lbs., 29 0 30c: 6 to 7 Ibs.. 250 28c. under 6 lbs. and slips, 22 ®2sc; ducks. 15® 17c: geese. 13® 15c guineas, old 35c; young 50c. By United Press CLEVELAND. Feb. 27.—Butter, extras in tub lots 50%0 52%c; firsts. 46% 048%c; seconds. 43% 0 45’*c: packing stock, 30® 32c. Eggs, extras. 31c; extra firsts, 30c; firsts. 28c; ordinary 27 %c. Poultry, heavy fowls. 284/290; medium. 28®29c: leghorns, 234/ 25c: heavy springers. 29® 30c; Leghorn springers. 21',/23c; ducks. 254/ 28c: geese, 23U25e; cld cocks. 174/18c. Potatoes. 150lb. sacks, round whites Me.ine. $1 4004.50; Minnesota. $3 75; Michigan, $3.75; Wisconsin. $3 604/3.75; 120-lb sacks, Minnesota. $3; Maine green mountain $3 65® 3.75; Idaho rural Burbanks, $2,754/2.85: 110-lb so- $2.50; 50-lb. boxes. Idaho cakers, *0; Florida, bushel crates. Spaldln nix. $1.75; Texas 100-lb sacks, triumph $4.75; home grown bushel sacks, $1.35; Cuban 52-lb. cummer crates, reds, $4 Births Girls Glenn and Ruth Elils. 4927 Caroline. Homer and Maude Robbins, cltv hospital. Ernest and Helen Overman, city hospital. James and Willie Whltelowe, city hospital. Robert and Evelyn Edwards, city hospital. Charles and Clara Springman. 23 lowa. Clyde and Elizameth Harlow, 1134 Blaine. Fred and Gertrude Meyer. 763 N. Bancroft. John and Olive Forney. 1137 Gimber. Lynze and Opal Oaklev. 1314 E. St. Clair. Allen and Ida Milliner. 1633 E Ohio. Blutcher and Jesse Smiley, 1821 W. Eleventh. Robert and Alice Jackson. 411 W. Twen-ty-Sixth. Enos and Mildred Stevens, Methodist Hospital. Herman and Marguerite Hess. Methodist Hospital. Boy* John and Harriett PenchofT. cltv hospital. Alex and Wilda Tolson. city hospital. Joe and Jewel Hawkins. city hospital. Juluis and Gertrude Pinter, city hospital. Dewey and Alma Pressel, city hospital. James and Edna Johnson, cltv hospital. Grover and Violet Dawson, city hospital. Alfred and Bertha Kehlbeck, 932 E. Morris. Elmer and Beulah Dicks. 2181 Eastern. Ralph and Valeria Day. 960 N. Rochester. John and Frances Menchhofer. 947 Somerset. _ Harry and Grace Drake. 1048 Gross. Ernest and tlEza McQuinn. 254 N. Belle Vieu. Gilbert and Lorena Zaring, 2519 Jackson.

Deaths James E. Warner, 1, Riley Hospital, strpetoccic infection. Alice Harriet White, 63. 1935 N. New Jersey, acute dilatation of heart. Elizabeth Mitchell, 53, 203', 2 Davidson, cerebral hemorrhage. Hulda Louise Jones. 44, 3200 S. Meridian, acute cardiac dilatation. Elizabeth Jane Nelson, 62, 1318 N. Tremont, carcinoma Laura B. Qualls, 66, 433 N. Alabama, chronic myocarditis. Pearl Blanche Crain, 43, city hospital, cerebral hemorrhage. Frank Spiler, 54. 735 N. Warman, hypostatic pneumonia. Charles E. Cozatt, 58, 939 Parker, acute pulmonary tuberculosis. Granville Hastings Hull, 89, 3357 Ruckle, broncho pneumonia. Paul Massa. 62. New Jersey and Vermont, lobar pneumonia. Thomas Riley, 75. 608 Stevens, cerebral hemorrhage. Isaac Patterson. 85. Long Hospital, chronic myocarditis. James M. Okey, 76, city hospital, chronic nephritis. Oscar Barger, 47, city hospital, accidental. Myri Elizabeth Huffman. 28. 550 N. Senate. acute miliary tuberculosis. Ruth Walker, 31. Christian Hospital, acute dilatation of heart. Charles A. Beard, 64, 1257 W. Ray, chronic myocarditis.

Heat ‘Canned’ By Times Special JEFFERSON, Ind., Feb. 27. Charles W. Doolittle, druggist, has won commndation of local police for advertising in a newspaper that his store will stop selling “canned heat,” use of which is one method of getting drunk. Police Chief M. E. Clegg announces other druggists of the city will be asked to follow Doolittle’s example.

Send in ‘Loose Nut’ldeas and Get Your Cash Prize

\\ y uVv v PA STEPS ON RUG (A) WHICH S 1 STARTS HAND (B) THAT REMOVES (A) HAT (C) and HANGS IT up. AS IT puts hat on peg it pulls STR\N6 (D) WHICH TURNS ON WALL PHONOGRAPH (E) WHICH GIVES FURTHER ORDERS. v

Crazy Invention Contest Started: Chief Worley to Spring His. “Everybody Is Just a little crazy,” says some well-known philosopher. “But the degree of craziness varies. Some are worse than others.” “And everybody at some time or other has had an idea for an invention,” says Thomas Edison. Bearing these two statements in mind. The Indianapolis Times offers its readers a chance to win cash awards with a “Loose Nut” idea. Here is the dope. Just send to the “Loose Nut Editor” your idea for a crazy invention. An idea that can be illustrated by our cartoonist, Lee Williams. The Times will pay $2 for every “Loose Nut” idea illustrated and published. And in addition the winner will be given the original drawing by Williams in a suitable frame. The first two prize winners will be given Williams’ drawings framed bv H. E. Gray, 36 S. Pennsylvania St., and F. M. Kirkpatrick, 619 W. Washington St. Williams’ favorite “Loose Nut” Is illustrated here. The drawing speaks for itself. It is the vagrant idea that has been bouncing around in the cartoonists’ head for years—and now it’s out. Just write out your own idea for

As'A . UNDBERGH’S OWN LII=E STOlwlsk^

THE STORY SO FAR Lindbergh completed bis education at the University of Wisconsin where he became interested in aviation. Later he entered a flying school and flew with a barnstorming outfit as a wing walker and parachute jumper. He bought a Jenny plane and flew through Texas and the South. Ltndy became interested in government aviation and applied for enlistment as a cadet in the Brooks Air School. He took examinations in January, 1924. and entered the school in March. Before entering the school he went on a barnstorming and pleasure trip through the south with Leon Klink. Lindy was just one of 104 cadets and was awed by the adventures and trials of the older cadets who were going to Kelly Field. But he quickly took up the disciplined life to learn the liner points of flying. Strict training mehods threw fear into the hearts of most cadets, but Lindbergh passed initial tests because of his previous experience. Only eighteen in the class of 104 "got the wings." CHAPTER XIII WHEN the solo flights were more or less successfully completed the flying instruction was divided into two periods of forty-five minutes each. One of these was used for dual and the other for solo practice. An Instructor would attempt to smooth out the rough points in his students’ flying and demonstrate the method of going through new maneuvers so that the cadet could be given the opportunity to go up alone and try out the maneuvers for himself. One of the first lessons was the “three sixty”—so named because its completion required a total change in direction of three hundred and sixty degrees. The cadet would take off and climb to eight hundred or a thousand feet. The higher he went the less difficulty he had in properly completing the maneuver. Then he would fly into the wind directly over a landing “T” in the center of the field. As the plane passed over the “T” he throttled his motor and made a quick bank either to the right or left depending upon his preliminary instructions The object was to make a complete circle and land without using the motor, bringing the plane to a stop beside the “T.” “One eightys” were the next requirement and they were probably the cause cf more crashes than any other maneuver. They were started in the same manner as the “three sixty,” but with the plane heading down wind and at only five hundred feet altitude. They required quick manipulation of controls and a steep bank into the field just before landing. Next came acrobatics. Loops, spins, barrel rolls, Jenny Immelmans, figpre eights, wing overs, and reversements, every one of which each cadet had to master thoroughly during his course at Brooks. After the first few weeks had passed we became more or less accustomed to life in the cadet detachment, and found a little time now and then to look around the

a crazy invention and mail it to the “Loose Nut Editor” at The Indianapolis Times. You may win a cash prize and get the original framed drawing by Lee Williams. Police Chief Claude M. Worley will publish his “Loose Nut” idea Tuesday. Watch Tuesday’s Times. TAX ASSESSORSMEET Discuss Fixing Livestock and Grain Valuation. A committee of township tax assessors on fixing valuation of grain and livestock met today with County Assessor J. W. Eider for further instruction. All township assessors met Saturday for instruction for the assessment which begins March 1. On the grain and livestock committee are Jess E. Lowes of Warren township: William E. Toms, Wayne; William Dawson, Washington; Salathiel Sutherland, Franklin; Roland Fields, Decatur, and Calvin Struck. COOLIDGE SIGNS BILL Gives Secretary of Navy Jurisdiction Over All Leases. WASHINGTON, Feb. 27.—President Coolidge today signed the bill transferring to the secretary of the Navy jurisdiction over oil and gas leases issued by the secretary of the interior on lands on naval petroleum reserves.

country and even spend a night in San Antonio. Our examinations were purposely given on Saturday morning so that we would not spend the week end studying. It was well known that too much studying affected a cadet’s flying and the school schedule was arranged with that in mind. Our day began with first call at 5:55 and flying started about 7. At 11 we returned to the barracks and from 1 to 5 o'clock was devoted to ground school. After supper we could study until bed check at 10 o'clock. Plenty of sleep is a necessity for the student pilot, and that fact is recognized nowhere more than in the army schools. Every week night at 10 o’clock the cadet officer of the day checks each bunk and turns in the names of any vacant ones. Some of the academic subjects such as aerodynamics and machine guns, required nearly all of our time after school because of approaching examinations, whereas others were comparatively easy and the classroom instruction was sufficient in itself. When we were not studying there were always plenty of other things to attract our attention. If one of the boys left the post, as sometimes happened, he often returned to find his belonging heaped together in the middle of the floor, with the Army cots piled on top. Several times some cadet returned at midnight to find his equipment carefully transferred and set up on the roof or In the mess hall. Another one of the favorite sports was to put a hose in the bed of a sound sleeper at 2 a. m., or. If he slept with his mouth open, to fill it from a tube of shaving cream or hair grease. One of the fellows found a scorpion In his bed and each night for a week thereafter looked through the bedding for another, but finally became careless and forgot to look. His nearest neighbor promptly placed a number of grasshoppers between the sheets near the foot of the bed. Another evening it was reported that three polecats had crawled into a culvert in front of the barracks. For an hour we attempted to smoke them out. When that failed the fire department was called and we washed them out. The smoke had evidently taken effect, however, and soon three dead pole cats came floating out from the culvert. The next problem was how to make use of such possibilities. That question was worthy of most careful consideration. After a survey of the barracks we found that our cadet first sergeant was in San Antonio. There was scarcely one of us who did not have some small score to settle with him so we took one of the pillows from his bed and after removing the pillow case, placed it behind one of the polecats.

FEB. 27, 1928

ITALY TENSE OVER RUPTURE WITH AUSTRIA Minister to Vienna Recalled After Fascist Policies Are Criticised. By United Press ROME, Feb. 27.—A tense feeling continued in political circles today as result of the Austrian incident—whereby Chancellor Seipel criticised Fascist policies in the Upper Adige, once Austrian South Tyrol, thereby bringing a summoning of the Italian minister to Austria, to Rome. Editorials today emphasized that Italy has recognized no such thing as a Tyrol question. Recall Approved The keenest suspense was felt as the nation awaited Premier Mussolini’s presentation of the national course, to the Chamber today. The calling of the Italian minister, Giacinto Auriti, to Rome met general approval here and was considered a recall. It was believed that the calling of Auriti to Rome was taken by Premier Mussolini to show a general disapproval of Chancellor Seipel’s remarks. The attitude of the Austrian chancellor is catalogued here as “a grave error.” Premier Mussolini conferred lengthily during the morning with Signor Auriti, the Italian minister to Austria, whose departure from Vienna was reported to have foln lowed recall orders. Vienna Criticised All tickets for the chamber galleries were taken early In the day in the hope that the Premier would make an important pronouncement. It seemed likely today that Auriti would remain in Italy, creating a suspension of diplomatic relations until Mussolini was fully satisfied. Many here criticise the Vienna policy as “Lilliputian, Byzantine and Sophist.” It was stressed that Italy had shown the most friendly attitude toward Austria, especially In assisting that nation toward rehabilitation of the country’s economic and financial situation. SNOW AIDS FARMER Recent Heavy Fall Protected Plants in Ground. The recent heavy fall of snow was of untold value to the farmers, according to Harry Dietz, assistant State entomologist. “A sudden drop in temperature from a comparatively warm period to one of extreme cold is very injurious to all plants in the ground, unless they are protected by some form of insulation,” Dietz said. “Freezing and thawing of the soil results in an upheaval that forces the roots to the surface, resulting in their drying out and dying. The snow acts as an insulator and prevents the extreme cold from penetrating deep into the ground."

The desired results were then obtained by stepping on the back end of the cat, ar.d after cautiously inserting the pillow back in its case, we replaced it on the first sergeant’s bunk. The results were far above expectations. One by one the occupants of that bay arose and carried their cots outside, until midnight, when our j sergeant returned, there were only a half dozen bunks left, including his own. By that time the odor had permeated through the other bedding, and he was unable to locate the pillow as being the primary cause of the offense. Any night for nearly two weeks thereafter our first sergeant and his cot might be located out behind the j barracks, and the inspection of quarters, which was to have been held the following morning, was postponed indefinitely. During the last weeks at Brooks life became much less difficult. Most of us who had survived the check pilots and “Benzine Board” were reasonably sure of graduating, and, although our studies were just as exacting as ever, we were able to absorb them much more easily. Also, we had passed our primary flying tests and were making crosscountry flights in T. W. 3's, and learning formation flying in Voughts. And, finally, wc were given a few hours in De Havilancis in preparation for the advanced training at Kelly. We were paired up for the crosscountry flights. One of us flew on the way out, while the second acted as observer. On the return flight we traded about, so that each achieved an equal amount of experience, both as an observer and as a pilot. These trips were usually laid out in a triangular course, and included landing at each corner of the triangle. While on one of our first tr ps from the home airdome, we lancxf in the designated field alongside cf a road just as a load of watermelon* was passing by, so we carried several of them back to the detachment in our plane. Always there was some new experience, always something interesting going on to make the time spent in Brooks and Kelly one of the banner years in a pilot’s life. The training is rigid and difficult, but there is none better. A cadet must be willing to forget all other interests In life when he enters the Texas flying schools, and he must enter with the intention of devoid Ing every effort and all of the energy during the next twelve months toward a single goal. But when he reaches the wings at Kelly a year later he has the satisfaction of knowing that he has graduated from one of the world's,finest flying schools. (To Be Continuedi