Indianapolis Times, Volume 39, Number 289, Indianapolis, Marion County, 30 March 1928 — Page 33
MARCH 30,1028.
BAILS, MINING STOCKS SOAR; HADIOAT m Wall Street Trading Takes on New Confidence; Motors Up.
Average Stock Prices
Average of twenty industrials Thursday was 210.76. up .73. Average of twenty rails was 141.35, up .12. Average of forty bonds was 99.26, up .03. F,y United Press NEW YORK, March 30 .—Wall Street took on renewed confidence today after the reported increase of only $46,665,000 in brokerage loans when a much larger expansion had been expected,. Buying operations were resumed on a large scale in the industrial section while rails and mining shares continued to move forward in heavy demand. General Motors opened strong, 2 points higher at 187, and continued to mount. United States Steel was up % to 147%, while Radio soared 5% to 176, anew high record. Granby Copper spurted 2% to 48%, International, 114 to 95%; Anaconda 1% to 59%, and American Smelting, 214 to 190%. St. Paul issues tinued active and strong in the rail group while Illinois Central, Union Pacific and Reading gained. Automobile stocks generally were slightly lower. Describing the market the Wall Street Journals financial review today said: Substantial gains over the previous close took place in the principal speculative issues in the early dealings. These advances reflected satisfaction in trading circles over the fact that the increase ni brokerage loans in the week ended March 30, amounted to only $46,665,000. Trading around noon was exceptionally heavy, tickers running thirty minutes behind the market. Prices continued to sweep forward despite an advance in call money to 5 per cent. Radio was again a sensational feature, rising to 181%, up 11 points net. General Motors soared to above 190, compared with its previous close of 185. Copper issues continued to lead the general industrial list. Anaconda spurted 3% to 61 : 'k American Smelting, 444 to 192%, and Calumet and Arizona 3% to 107%. Rails, motors and utilities also were in active demand. Sales were running at the rate of four million •shares for a full day.
Banks and Exchange
TREASURY STATEMENT Rff United Press WASHINGTON, March 30.—The Treasury net balance for March 28 was $451.287,844.31. Customs receipts this month to March 28 were $43,265,301.11. FOREIGN EXCHANGE Hi) United Press NEW YORK, March 30.—Foreign exchange opened irregular. Demand sterling, $4.87 11-16, off 00 1-lGc; francs, 3.93%c: lira, 5.28 c. oil .OOUc: belga, 13.95%c, up marks. 23.90'jc.
In the Stock Market
(By Thomson & McKinnon) NEW YORK, March 30.—While the increase in brokers loans is generally regarded as being below the huge estimates the fact remains that they are but ten million below the record level. The stock exchange loan report for the full month of March and somewhat differently based from the Federal reserve may revise these figures in an upward direction. The April schedule of Corporate Financing is for calling twelve preferred stocks and offering common shares in place. This action is timely for within next few days approximately $500,000,000 will be distributed in interest and dividends, some of which will be available for reinvestment. While trading Thursday was in somewhat lower volume than the preceding days, priee changes narrowed in the heretofore, favorite issues and new stocks were taken and moved over a wide area. This situation leaves trader in somewhat of a quandary and continues the period of nervousness. Sentiment, however, remains bullish. DAILEY SEES VICTORY Governor Candidate Predicts He Will Be Nominated. “I'll be nominated in the primary” was Frank C. Dailey’s estimate today of the strength of his candidacy for the Dempcratic nomination for Governor. Dailey, who has seven rivals in the Democratic gubernatorial race, has announced uriless he receives a plurality in the primary he will not permit his name to come before the State Democratic convention. Unless one of the candidates received a majority in the primary, the for Governor falls up on the convention. Dailey speaks tonight at Noblesville and Saturday afternoon at North Vernon. FIGHTS DEATH IN CHAIR South Bend Druggist's Slayers Asks for Clemency. R;t United Press MICHIGAN CITY, Ind.. March 30. —John Hall, convicted murderer of a South Bend druggist is making his last fight against death in the electric chair here today. Hall is to die early in April. The Indiana pardon board met in open session here this afternoon to consider pleas of clemency for Hall. Testimony for and against commutation of Hall’s sentence was to be heard by the board but it was not expected that any decision would be given before tonight. Install Stock Ticker James T. Hamill & Cos. announced today that a Trans-Lux stock ticker has been installed in their office, 203 Continental Bank Bldg.
New York Stocks
(By Thomsqn & McKinnon)'
—March 30Railroads— Prev. High. Low. 12:00 close. Atchison 191% 189 191 1 a 188% Balt & Ohio ...116% ... 1164! 116 Canadian Pac ..215 21314 214% 211% Chesa & Ohio ..193 192% 193 193% Chi & A1t0n.... 7Vs ... 7Vs 7V* Chi & N West. . 88% 88 88 87% Chi Grt West ... 12% ... 12% 12% C R I & P lie 1 /* 116 116 115% Dei & Hudson.. .. ... .. 167 Del & Lacka ...141% ... 141% 141 Erie 58% ... 68% 58% Erie Ist pfd ... ... 58% Grt Nor pfd ...102% 102 102% 102 1 , 111 Central 142% 141% 142 140% Lehigh Valley 93 Kan City South .. ... ... 56%’ Lou & Nash 151 M K & T 38% ... 38 1 4 38 Mo Pac pfd .... 112 Vi ... 112% 111% N Y Central ...178% 177% 178 178% N Y C & St L... 131 ... 131 131 N Y N H & H.. 64% 64% 64% 63% Nor Pacific ...100% ... 100% 100'*. Norfolk & West 187% Pere Marquette. .. ... ... 131 Pennsylvania . . 69 68% 69 68% P & W Va 124 Reading 108% ... 108 Vi 107% Southern Ry . ..149% 149% 1491* 149 Southern Pac. ..123 122% 122% 122 1 1 St Paul 30% 29% 30V* 29'. St Paul pfd 45% 45 Vi 45% 45% St L& S W... 83% ... 83% 83% St L & S P 120% 120% 120% 120% Texas & Pac ...130% .. 130% 130% Union Pacific ...198% 198% 198% 197% West Maryland. 45% 44% 45 44% Wabash 71% ... 71% 71% Wabash pfd ... ... 94 Rubbers— Ajax 11% 11% 11% 11% Fisk 16% 16% 16% 15V* Goodrich 86% 86 86% - 88% Goodyear 58% ... 58% 58 Kelly-Spgfld ... 24% 24%. 24% 25 Lee 20% 20 20% 19% United States .. 51% 50 51 49% Equipments— Am Car & Fdv.,105% ... 105% 105'• Am Locomotive. .109 . . 109 110 Am Steel Fd. . . 66 65% 66 65 Baldwin Loco ...287 .. 267 267 General Elec ...155 152% 153 151 Gen Ry Signal. 98 % ... 98 % 98 Lima Loco 56 N Y Air Brake.. 45V, ... 45% 45% Pullman 85% ... 84% 84% Westingh Air B 52 Si’s 52 52% Westingh Elec .104% 102% 104 102 Steels— Er:hlem 58% 58% 58 1 • 58% Colorado Fuel .. 77 73%. 77 77 Crucible ... 8 Gulf States Sll 60'• Inland Steel .. 50% ... 50% 50% Phil R C & I . . 31 ... 31 31 Rep Iron & Stl 60% ... 60% 60%. Sloss-Sheff 131 Sloss-Sheff 131 U S steel 148% 146% 147’,* 140% Alloy ... ... 29 Youngstwn Stl . . ... ... 87% Vanadium Corp. . 88 87 87% 86', Motors— Am Bosch Mag 23Va 23% 23% 23% Chandler n Chrysler Corp .68% 67 68 67% Conti Motors.. 11%. ... 11% 11% Dodge Bros 22 21% 22 22% Gabriel Snbbrs. 19% ... 19% 20 General Motors 189'a 186 ■"* 189‘a 185 Hudson 94 93 93% 93% Hupp 54 % 53'* 54% 53 Jordan 13% 13 13% 13 Mack Trucks ..93% ... 98 97% Martin-Parry. ... .... ... 14% Moon 6% 6", 6% 6% Motor Wheel .. 341* ... 34-a 34: a Nash 88 87% 88 88 Packard 67 68% 67 60% Peerless 22 ... 22 ;t0day.4717 93 ..o0..; . 2! % ... ET Paige .. 26% 26 26 26 Studebaker Cor 65% 64% 65 64-,* Stew Warner . . 93 92 93 91% Timken Bear ..124 123% 12* 124% Wiliys-Overland 264* 26 V* 26% 26 Yellow Coach .. 33% . . 33* 33% White Motor.. 35% ... 33% 34% Mining— Am Smlt & Rfg 190% 189 190 188'.* Anaconda Cop. 60% 59% 60 58% Calumet & Arte K'7% 105% 106% 103% Cerro de Pasco. 67 ... 67 66 * Chile Copper 40% 40 41%. 39* Greene Can Cop 132"* 129 % 132 % 129 Inspiration Cop ... ... ... 26 Int Nickel .... 96% 95%. 96 94* Kennecott Cop. 88% 85% 86 84% Magma Cop .... 49% 49% 49% 49% Miami Copper. 19 . . 19 IP"2 Texas Gull Sul. 75% 75% 75% 75 U S Smelt 73 1 * ... 73 V* 73 Oils— Atlantic Rfg ...113 112% 113 112 Cal Petrol 26% Froeport-Texas ... ... ... 81% Houston Oil U 9% ... 1*9% 1* 1 % Indp Oil & Gas .. ... 23 % Mariand oil 38% 37% 38% HI- , Mid-Cont Petrol 23 ... 28 28 La go Oil Sc Tr 32', Pan-Am Pet 11 4a * ... 4,)% 45% Phillips Petrol. 41'% ... 41 40% Pro a Rlgrs ... 22-% ... 21% 21 % Union ot Cal .. ... ... 49 Pure Oil 22'* ... 22'* 22% Roval Dutch .. 46 ... 46 46 Shi-11 25 % .. . 25% 25% Simms Petrol .. 25 24", 23 24% Sinclair Oil ... 28 27"* 27% 27* Skell.v Oil 28% ... 28 23% Std Oil Ca 1.... 55 % ... 55’* 55% Std Oil N J 40 * 40% 40 * 40% Std Oil N 30% ... 30% 30% Texas Corp .... 52% 52% 52% 52% Transcontl 8% .... 8% 8* Industrials— Adv Rumely ... ... 13', Allis Chalmers.. 16 ... . . 121%. Allied Chemical. 158 157%, 158 158 Armour A 14 12% 14 15", Amer Can 87% 83% 86% 85% Am Hide Lea.. ... . . 12 1 * Am H L, pfd ... 52 ... 52 52 Am Linseed .... 96% 94% 96% 96% Am Safety Raz.. 61% ... 61% 60% Am Ice 33 %• ... 33% 33 Am Wool 22", ... 22% 23% Curtis 64% . . 64% 64 Va Coca Cola . . ... 142 Conti Can 108 107% 108 106% Certainteed ... ... 57 Congoleum . . 26% ... 26% 26 Davison Chem.. 41 ... 41 40% Dupont 381 . . 381 376% Famous Players .117’/* 117 117% 116% Gen Asphalt.... 84% ... 84 l /a 85 Int Bus Mch 126% Int Cm Engr.... 49% ... 49 Va 50 Int Paper :. ... ... 75% Int Harvester.. ... ... 252% Lambert 102% ... 102% 103% Loews ... CS ... 88 67% May Stores .... 81% 81% 81% 81 Montgom V/ard .152. 151 152 149 Natl C R 57 56 56% 57 Pittsburgh Coal .. ... ... 45 Owens Bottle .. . . .. . ... 82% Radio Corp 178 172%- 177 130% Real Silk 28 Vi ... 28! a 29 Rem Rand 26 257* 26 26 Sears Roebuck ..105 103% 104% 102% Union Carbide ..150 149% 150 148% U S Cs Ir Pipe.. 255 240 250 238 U S Leather.... 28% ... 28% 28 1 U S Indus Alco. .118% 117 118 115% Wright 87 ... 87 86 % Woodworth Cos 187% Utilities— Am Tel & Tel. .181'% 181 181 */ 181 Am Express 183% Am Wat Wks.. 56% ... 56% 56 Brklyn-Manh T. 65 ... 64% 66 Col G & E 94% 94% 94% 93% Consol Gas 148% 147V* 149'% 146%, Elec Pow & Lt.. 37 36% 37 37% Nor Am Cos 64% ... 64% 64% Montana P 161 159 161 159 Peoples Gas ....172% 171 172 170% So Cal Edison 47 % Std Gar, & El 64 63% 64 64% Utilities Power.. 31% ... 31% 31 % West Union Tel 165 Shipping— Am Inti Corp.. 99% 95% 98% 93% Am Ship & Com 4'/* Atl Gulf &W I 4074 40% 40% 40% Inti Mer M pfd 39% 38% 39% 38% United Fruit 139'% Foods— Am Sug Rfg 72 71% 72 71 1 * Austin Nichols .... ... ... 5’% Beechnut Pkg 78% California Pkg 74 Corn Products .. 78% 77% 78 77% Cuba Cane Su p . . ... ... 21% Fleischmann Cos. 7074 6974 70 69% Jewel Tea ... ... 81 Jones Bros Tea.... . . 29% Nat! Biscuit 169%. 167% 169'% 169% Punta Alegre 32% Postum Cos 124 - 124 124% 124 Ward Bak (Bi 2274 Tobaccos— Am Sumatra ... 54'4 ... 54% 53V* Am Tobacco 169 Am Tob B 169 ... 169 169 Con Cigars .... 86Vi ... 86% 85% General Cigar.. 71% ... 7174 71 Lig & Myers ...1067* ... 106"/* 107 Lorillard 41% ... 4174 41% R J Reynolds ... ... 14274 Tob Products (Bl .. ... •... 11374 United Cigar St 31 ... 31 30% Schulte Ret Strs 52% ... 52% 52% Building Permits Henry Pennak, columns. 1309 N. Jefferson, $250. Mrs. Grimes, repair, 102 N. Minkner, $250. Alice M. Spencer, addition, 137 S. Hawthorne. S9OO. Page Coal Company, garage, 366 W. Tenth, SBOO. Waite’ - 8 Harding, reroof. 3545 Evergreen, $264. %|| Protestant Episcopal Diocese of Indianapolis, reroof, 234 w. Morris, $246. A. W. Bowen & Cos., reroof, 955 Ft. Wayne. S2OO. Lewis J. Koster, reroof, 231-33 N* Oriental. S2BO. Central Christian Church, oil burner, 705 N. Delaware. SI,OBO. Anna Butler, floor, 1012 N. Oxford, SSOO. George Barnes, reroof, 802 De Quincy, $250. Clair McTurnan, dwelling and garage, 421 E. Fifty-Ninth. $14,000. Fred P. Steele, dwelling and garage, 343 N. Irvington. $7,500. J. W. Tomlinson, dwelling and garage, 1609 E. Tabor, $3,500. Hannah Nichols, furnace, 2340 Arsenal. $270. Maude Paul, furnace. 2110 Barth. $245. Samuel Turner, furnace, 814 V*. TwentySeventh, $282. Anna M. Gartleim. porch, 1219 Windsor. $1,500. H. O. McKelvey, garage. 5359 Guilford, $250,
PORK PRICES RULE UNEVEN ON EXCHANGE Early Quotations Are Up 5 Cents: Drop Dime at Close. Mar. Bulk Top. Receipts. 23. 8.0046 8.70 8.85 5,500 24. 8.00(6) 8.60 8.75 4.500 26. 8.4066 8.75 8.75 3.500 27. 8.304/2 8.60 8.65 6.000 28. 8.504)' 8.60 8.60 7.500 29. 8.356/' 8.70 8.75 6,500 30. 8.506/ 8.75 8.75 6,000 Hog prices opened 5 cents higher today at the Indianapolis Livestock Exchange but near the close all quotations were off 10. cents. Receipts were estimated at 6,000 and 910 holdovers were in the pens. Best 250-350-pound stuff brought sß.ooft 8.60; 200-250-pound averages sold at the top of $8,504/ 8.75 as did the 160-200-pound average; 130-160 pounds, $7.75ft8.50: 90-130 pounds, $5.75ft 7.75; packing sows were $6.75 @7.75. The Chicago market opened slow with prices steady to weak with Thursday's average. A few loads of good to choice 190-210-pound average brought $8.40 v 8.45. Strictly choice kinds were higher. Cattle receipts were estimated at 3,000, and sheep and lambs, 8,000. Local cattle receipts were estimated at 500 and prices on good slaughter classes were steady. Beef steers were- quoted at sll.ooft 13.50; beef cows, $7.00ft)10.25; low cutter and cutter cows, $5.50 ft, 6.75, and the bulk of the stacker and feeder classes were s7.soft 9.50. Calves were higher with receipts estimated at 800. Best veals were $16.00 @17.00, and heavy talves brought $6,504/10.50. Sheep and lamb receipts were estimated at 100. and the market closed steady with very little activity. —Hogs— Receipts, 6.000: market, uneven. 250-350 lbs 58.00,/ 8.60 200-250 lbs 8.504/ 8.75 160-200 lbs 8.504// 8.75 130-160 lbs 7.754/ 8.50 90-130 lbs 6.756/; 7.75 Packing sows 6.756 c 7.75 —Cattle— Receipts, 500; market, steady Beef steers 510 004/ 13.50 Beef COWS 7.00f/T0.50 Low cutters and cutter cows.. . 5.504/ 6.75 Bulk Stocker and feeder steers 7.504/. 9.50 —Calves— Receipts, 8Q0: market, biglier. Best Vealers $16.004617.00 Heavy calves 6.504/. 10.50 —Sheep and Lambs— Receipts, 100: market stead' Top fat lambs $17.00 Bulk fat lambs 14.00*; 15.50 Bulk cull lambs 7.504/11.00 Fat ewes 6.506/2 9.50 Other Livestock lln Tim I s Speeiul LOUISVILLE. March 30—Hogs—Receipts. 800: market steady, heavies and mediums. 175 lbs. up. $8,254/8.65; pigs and lights, 175 lbs. down. $5.60 '/7.60; throwouts and stags. $5.65 ■/6.25. Cattle Receipts, 100: market, steady; prime heavy steers, $124/ 12.75; heavy shipping steers. $lO4/12: medium and plain steers. $94/10; fat heifers, SB6/11.75; good to choirr cows, SB4/9.50; medium to good cows. $64/8: cutters. $5,254/5.50: canners. $4,504/ 5; bulls, $64/9: feders. $8,504/ 11.25; Stockers. $7 <* 11. Calves Receipts. 200: market steadv; good to choice. $124/14; medium to good. $lO4/12; outs. $lO down. Sheep Receipts, 50; market steady: top lambs, $14,504/ 15; seconds. SB4/11; sheep. $5.50417. Thursday's shipments; Cattle, none; calves, 104; hogs, 445; sheeD, none. /','/ I nited Press EAST BUFFALO. March 30. -Hogs—Receipts. 4,500; holdovers. 2.777: market, steady to 10c down: 250-350 lbs.. $8,356/ 3.90: 200-250 lbs.. $8,756/9.10: 160-200 lbs.. $8,754/9.10: 130-160 lbs.. $3,254/8.85; 90-130 lbs.. $7,754/8.75; packing sows. $74/7.50. Cattle—Receipts. 200. Calves—Receipts, 800; market, steady; calves, steady; beef steers, $11,754/ 12.25: vealers. $176/ 17.50. Sheep—Receipts .2.000; market, steadv to 25c up; top fat lambs. $17.75; bulk fit lambs. $17.50. bull; cull lambs. $136/16; bulk fat ewes, $96/10. IV/ United Pres a TOLEDO. March 30.—Hogs—Receipts, 450; market, steady; heavies, $7,754/8: mediums, $8,354/8.50: vorkers. $8,404/ 8.65; good pigs. $74/7.50. Cattle—Receipts light; market, steady. Calves—Receipts, light; market, slow. Sheep and lambs-,-Receipts. light; market strong. Pet United Press CLEVELAND, March 30.—Hogs—Receipts, I, market, steady: 250-350 lbs.. $8,504/) 8.85: 200-250 lbs.. $8 70" 8.90: 160-200 lbs. $8,856/8.90; 130-160 lbs.. $7,754/8.90; 90-130 lbs.. $7,504/7.75; packing sows. $76/7.25. Cattle—Receipts, 125. Calves—Receipts. 150; market, steadv; beef steers. $10,756/ 11. beef cows. $7419: low cutter and cutter cows. $5,254' 6. vealers, $134/ 17.50. Sheep—Receipts. 700: market. steady clipped basis; top fat lambs, sls; bulk fat lambs, $14,504/15: bulk cull lambs, sll4/. 12.50; bulk fat ewes $76/8.25. *> AUTO PARTS STOLEN Many Theft Reports Are Made to Police. If the automobile accessory thieves got together today they might be able to assemble a complete car. -Among the theft reports were these i R. M. Hiatt. 3604 W. Tenth St., reported tlie motor, a front tire and the license plates were taken from his car parked in front of his home. Batteries and tools worth $47.75 were taken from the car of John C. Setree, 1601 Montcalm St. The Essex coach of A. W. Riorden, 3401 E. Washington St., stolen March 18. was found, minus the steering wheel, five tires, tubes and rims, the motor meter, windshield wiper and two front hub caps. NAME HOOVER AIDS Six County Managers Added to State Organization. Six county managers were added today to the Hoover-for-President organization in Indiana. Appointments announced from State headquarters at the Claypool were: Henry County, Charles D. Mohler of Newcastle; Johnson County, Paul Mozingo of Franklin; Bartholomew County, Jamie Dowell of Columbus; Knox County, Beryle Claycomb of Monroe City; Owen County, Carl Anderson of Spencer, and Green County, John R. McGannon of Bloomfield. SAFE BLOWERS SOUGHT Hunt for Springfield, Ohio, Desperadoes Here. Indianapolis police today were asked to hunt for three men who blew open four safes at Springfield, Ohio, Monday night. They were in a Marmon sedan with an Indianapolis license believed stolen here a week ago. When the machine was wrecked in a ditch thy abandoned it and stole two other machines in the course of their flight. They were believed to be headed here.
THE INDIANAPOLIS TIMES
Produce Markets
Butter (wholesale price)—No. 1, 506j!52c; No. 2. 49@50c. Butterfat (buying price!—49@soc lb. Cheese (wholesale selling prices, per pound—American loaf. 324; 35c: pimento loaf. 344f’37c; brick loaf. 324/35c; Swiss. 394/ 42c; Wisconsin fiat, 276/39C; print cream. 256; 27c: flat disolay, 264127 c: Longhorn, 26%4J27c; New York limberger, 30% ft32c. Eggs—Buying prices: Fresh, delivered at Indianapolis, loss on, 244f25c. Poultry (buying price) Hens. 226i24c; Leghorn hens 186/20c; 1928 springs. 1% to 21bs„ 35c; old roosters. 126/13c; ducks. 164;18c; geese, 8@10c; guineas, old 35c. young 50c.
LJcal Wagon Wheat
Local grain elevators are paying $1.59 for No. 2 red wheat, other grades are purchased on their merits.
Commission Row
PRICE TO RETAILERS FRUITS Apples—Fancy barrel apples, seasonable varieties, $76/11: fancy basket apples, seasonable varieties. $2,256/3.25 40 lbs.: choice box apples, seasonable varieties. $3,256*5. Grapefruit—Florida, $3,756(5. Grapes—California whites. $7.50 keg. Lemons—California. $56/6.25 crate. Limes—Jamaica, $3 per 100. Orange—California navels. ss4< 7.50 crate; Florida. $6417.25 crate. Pears—Washington D'Anjous. $3.50 half box. Pineapples—Cuban, $9 crate. Strawberries - Florida, 65 '/70c quart. VEGETABLES Artichokes—California, $1.50 dozen. Asparagus—California. $54; 6 per crate. Beans—Southern, $6 hamper. Beets—Texas. $3 bu.: home grown. $1.75. Broccoli—Texas, $3.50 bn. Brussels Sprouts - 354; 40c lb. Cabbage—Holland seed 24f2%c lb.; Texas. 44/4%c lb : red. 46;4%c lb. Carrots—Cal., 54.50 5-doz. crate; homegrown. $1; Louisiana. $1.75. Cauliflower California. $2ft2.25. Celery—California. $7.50 crate; Florida. $3.75 per crate. Celery Cabbage -$2 25612.50. Cucumbers—lndiana hothouse. $2 234) 3 for box of 1 doz Eggplant—H. G.. $3612.50 doz. Endive—sl,so4; 1.75 doz. bunches. Kale—s3.so barrel. Leek—7sc bunch. Lettuce - Arizona, head. $44/4.50 per crate; hothouse, leaf. $1.35 15 lbs. Mushrooms—sl.7s. 3 lbs. Mustard—Southern. $2.50 bu. Onions—Spanish. 53.50 crate: Indiana red or yellow'. $5 100-ib. bag. Oysterplant—4sc doz. hunches. Parsley—6oc doz. bunches; Southern, 65c bunch. Parsnips—sl.so bu. Peas California telephone. $7,584*. ft hamper. Peppers Florida mangoes. $5,506/ 6 crate Potatoes—Michigan white. $4. 150 lbs.; Minnesota Red River Ohios. $3.35. 120 lbs.: Idaho. $3.25. 110 lbs.; Florida Triumphs. $4"/4.50. 30 lbs. Radishes—Hothouse, button. 90:4?$1. Rutabagas—Canadian. S3 per cwt. Rhubarb—Hothouse, 654;85c 5 lbs. Shallots—6o4/ 65c doz. bunches. Spinach—Texas, $1 25 bu. Sweet Potatoes—lndiana Jersey mediums. $2 75 bu.; Indiana Jersevs. $4 bu.; Nancy Hall. $2.25 hamper; Porto Ricans, $2 bu. Tomatoes—California. $6,504*7.50 sixbasket crate. MISCELLANEOUS Cider—s4.so 6-gal. case: $4.75 doz. hr;igal. jars. Garlic—22c per lb. Sassafras—2* '/30c doz. bunches. SEED STOCK Onions—White sets. SB. 2 bu.; red. SB. 2 bu.: yellow. $6. 2 bu.; Bermuda plants, white, $3.75 per crate of 6,000; yellow, $4 crate of 6.000. Potatoes Mam comers, 55.50 150 lbs.; Red River Ohios. $3.50, 150 lbs.; Minnesota Triumphs. $4; 150 lbs. Sweet Potatoes—Selected Indiana Jerseys. $3 bu.: Indiana Jerseys. $2.50 bu. Pjl I niteil Press CHICAGO. March 30 -Green fruits: Apples. $76/11 per bbl.; strawberries, 554*60c per qt.
Indianapolis Stocks
- March 30— Bid. Ask. Amer Central Life 550 Amer Creosoting Cos pfd 104"* ... •Belt R R & S Yds com ... 68 71 "Belt BR&S Yds pfd 60 Cent Ind Power Cos pfd 99 100" * •Circle Theater Cos com 101% ... Cities Service Cos com 57 Cities Service Cos pfd 99 .., •Citizens Gas Cos com 56% Citizens Gas Cos pid 102 103"* Commonwealth Loan Cos pfd..lol ... Eouitable Securities Cos com •Hook Drug Cos com 30% ... Indiana Hotel Cos com 125 Indiana Hotel Cos pfd 101% ... Indiana Service Corp pfd ... 93% ... Indianapolis Gas Cos com 62 64 Indpls & Northwestern pfd... 20 Indpls P ft L 6%'s pfd KH> 106% Indpls P ft L 7s 103 105 Indpis Pub Wei Ln Assn 47% Indpls St Rv Cos pfd 29 . 32 Indianapolis Water Cos pfd.. ..103 Ind Water Wks Sec Cos pfd... 105% ... Interstate P Sn lien pfd... 106 110 Interstate P ? Cs pufd.... 96 100 Merchants P .lcs Cos pfd. tot North In<‘ .rv Cos pfd... 102 103 •Progress uaunury Cos com 28% ... E Rough & Sons Fcrt Cos pfd.. 50 Real Silk Hos Cos pfd T H I Pc E Trac Cos com 1 T H I & E Trac Cos pfd 15 T H Trac & Lt Cos pfd 93 Union Trac Cos com % Union Trac Cos Ist pfd 1 Union Trac Cos 2nd pfd % Union Title Cos com 82 Van Camp Pack Cos pfd 10 Van Camp Prod Ist pfd 98 100 Van Camp Prod 2nd pfd 90 •Ex-dividend. —Bonds— Belt R R & Stk Yds Cos 45.... 92 Broad Ripple Trac Cos 5s 81 ... Central Ind Gas Cos as ...98 Central Ind Power Cos 6s 104 Chi S B & N Ind Ry 5s 17% ... Citizens Gas Cos 5s 105% 107 Citizens St U R 5s 90’* 63% Gary St Ry 5s 92 * ... Home T ft T of Ft Wayne 65.. 103 Indiana Hotel Cos 5s 101 ... Ind Northern Trac Cos 5s 4 Ind Ry &LtCo 5s 98% ... Ind Service Corp 5s 98% ... Indpls Power & Lt Cos 5s 101% 102% Ind Union Trac Cos 5s 4 Indpls Col & So Trac 6s 101% Indpls Gas Cos 5s 102 Va 104% Indpls & Martins Trac Cos 55.. 25 ... Indpls North Trac Cos 5s 14 Indpls & Northw Trac Cos 55.. 30 Indpls St Ry 4s 68% 69% Indpls Trac & Term Cos 55... 96% 98’% Indpls Union Ry 5s 102% ... Indpls Water Cos 5%s 104 105 Indpls Water Cos Ist 5s 100 Indpls Water Cos 4%s 98 Indpls Water Wks Sec Cos 65..102% ... Interstate Pub SCo (B) 6%5. .105% ... No Ind Pub Serv Cos 5s 102 T H I & E Trac Cos 5s 50 T H Tre.c & Lt Cos 5s 96 Union Trac of Ind Cos 6s ... 14 16 —Liberty Bonds— Liberty Loan Ist 3%s 101.18 101.44 Liberty Loan Ist 4V*s 102.60 102.90 Liberty Loan 3rd 4is .... 100.30 100.50 Liberty Loan 4th 4!*s 103.40 103.60 U S Treasury 4’*s 115.50 115.70 U S Treasury 4s 110.40 110.70 U S Treasury 3%s 107.80 108.00 U S Treasury 3%s 100. 100.20 U S Treasury 3%a 102.70 102.90 —Sales—sl,ooo citizens street R R 90% SSOO Ind Ry and St Cos 99 WOMAN SHOOTS SELF Mrs. Estella King Pays Insurance and Commits Suicide. After paying all her insurance policies in full early Thursday Mrs. Estella King, 46, of 45 W. TwentySixth St., took her life by firing a bullet into her head. The body was found early in the evening by her husband, Charles E. King. She still clutched the gun. King told Coroner C. H. Keever that his wife had been seriously ill and could not reconcile herself to becoming an invalid. The body was taken to the Bailey & Kregelo mortuary. Funeral service will be Monday. FILIBUSTER THREATENED Arizona Group to Fight Boulder Dam Bill in Senate. P,n I niteil Press WASHINGTON, March 30.—The Arizona filibuster against the Johnson Boulder Canyon Dam bill will be renewed this session, Senator Ashurst (Dem.), Arizona, indicated to the Senate today. “If the Senate intends to pass this bill it had better get an option on some overcoats because %e will be here until the ides of November,” Ashurst said. Ashurstdenounced the bill as “the most sinister and adroit attempt in all history to override the Constitution of the sovereign State.”
GRAIN FUTURES DROP SHARPLY IN PIT OPENING Corn Resists Dip, With Firm Undertone; Oats Follow Decline. Pjl United Press ''CHICAGO, March 30.-Liverpool wheat prices failed to follow Thursday’s advance here, and all grain futures reacted downward at today’s opening on the Board of Trade. Corn resisted the dip and the undertone was firm, but wheat lost large fractions in the first few minutes. Opening figures: Wheat, Vs to %c lower; corn, Uc off, and oats, •% to Tic lower. Provisions opened practically unchanged. The decline in wheat was aided by further extrmelye favorable reports from Southwest winter wheat fields. Traders seemed largely to disregard continued reports of heavy abandonment in central belt- districts. Corn belt weather is still unsettled. with snow and rain from lowa almost to Pennsylvania. New Argentine corn is beginning to arrive at port and moderate shipment are expected to clear during _April. Oats was without news and followed wheat’s decline. Chicago Grain Table —March 31)--WHEAT— ' Prcv. High. Low. 12:00 close. Mav 1.43% 1.42% 1.42% 1.43' • Jnlv 1.42' i 1.41% 1.41% 1 42% September ... 1.39% 1.39 1.39 1 40* CORN Mav 1.02% 1.01% 101% 1.01% July 1.04% 103% 1.04 1.04% September ... 1.04% 1.03* 1.03 * 1.04% OATS May 53% .58 .58% .58% July 52 .51 % .51"* .52% September ... .46% .46% .46% .47 RYE Mav 1.22 1.21% 1.21% 1.23% July 1.15% ... 115 1.22% September ... ... 1.16 LARD March 11.70 .... 11.60 11.65 Mav 11.90 11.85 11.92 July 12 20 12.15 12.20 September .. 12.50 .... 12.45 12.52 TUBS - - May 1155 July 11.90 11.80 11.80 t<n Times Speeinl CHICAGO. March 30.- Carlots: Wheat, 62; corn. 104: oats. 23: rye. 3.
THE CITY IN BRIEF
Russell B. Harrison, attorney, Denison Hotel, has filed for the Republican nomination for State Senator from Marion County. William Bosson, Allisonville Rd„ filed for the Republican nomination for State Representative. Contacts with the buying public should be made by advertisers through appeal to emotional element of men and women. James H. Euswell, Kalamazoo, Mich., told Advertising Club members Thursday at the Spink-Arms. P. T. Brown, Edison Lamp Works. Cleveland, Ohio, will address the club next week. Petition for reduction of alleged excessive phone rates charged by the Union Telephone Company of Carmel. signed by twenty-five patrons has been filed with the public service commission. G. W. Rowlett, furniture dealer, 947 W. Michigan St., has opened a downtown store at 203 N. Delaware St. A complete line is carried at the new store. Fred Rowlett is manager. “Unaccounted for Water” will be the subject of W. C. Mabie, Indianapolis Water Company chief engineer, at the Scientech Club luncheon at the Chamber of Commerce, Monday. A daylight burglar broke a window glass out at the home of S. M. Ratcliff, 4249 Fairview Terrace Ave., and took colthing valued at $215. George Shelby, 903 E. Walnut St., said burglars stole clothing and a razor valued at $25 from his home. good? advise World Marmon President Says Indianapolis Prone to Mourn Too Much, “Indianapolis is a little prone, at times, to mourn to long over our dead, and not give enough consideration*to growing and enlarging industries,” G. M. Williams, Marmon Motor Car Company president, told Indianapolis Real Estate Board members Thursday. The realtors met at the Marmon cafeteria. “Business cannot better be served than by telling the world how good we are getting along,” Williams added. He pointed out Marmon shipped 2,600 cars in February, double the number for the same period last year. CRASH VICTIM QUIZZED Denies Knowing Wrecked Car Had Been Stolen. Ray Cameron, 18, of 632 Spring St., insisted to police today that he did not know an automobile in which he was an accident victim Thursday night had been stolen from C. C. Wooley, 1503 N. Pennsylvania St. Police searched for the driver of the car who fled after the accident, leaving Cameron pinned in it. “I had asked-the driver for a lift to Irvington, I don’t know who he was,” insisted Cameron. The car crashed with another at Hoyt and State Aves. coming to a stop in a verticle position, resting on the radiator. The driver of the other car was Fred Eckstein, 1312 Prospect St. CHARGE PARENTS CRUEL Parents Held for Forcing Girl to Sleep in Chicken Coop. /?,!/ United Press UNIONTOWN, Pa., March 30. John Dunbar and his wife were arrested by humane society officials and charged with forcing their 13-year-old daughter to sleep in a chicken coop. Neighbors said the punishment was imposed because she attended a theqter without permission.
Daily Police Bulletin Thrives on Crime News
•> '■■■ .••v.y y v . :: ' * ’ % i
Sergt. Jack O'Neal putting out the Daily Police Bulletin
Sergeant O’Neal Is Whole Staff in Publishing Cops’ Paper. Reformers, gird yourselves! Here’s a newspaper which publishes nothing but crime news. The editor of the paper, who also is reporter, copy reader, compositor, stereotype man, pressman, circulation manager and delivery boy, is in on the “inside,” and very often publishes an exclusive story which other police reporters have been unable to get. He is Sergeant Jack O’Neal, who puts out The Daily Police Bulletin. As if police reporters haven’t enough troubles of their own trying to get the latest information before their readers, the editor adds insult to injury by mailing copies of lii-s paper to the various city editors. No Ads Although he uses no advertisements and passes his papers out without any charge, the editor seems to get along very nicely, and the paper makes its daily appearance shortly after neon. The paper, usually a one or twopage affair, thrives on criminal activities and when a crime wave strikes the city, the editor is flooded with accounts of the holdups, burglaries and shootings, and the paper increases to three and sometimes four pages. Usually members of the police de-
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partment object to papers “playing up” crime stories for less crime news appearing in the papers indicates that they have the situation under control. This paper, however, has found favor with the “cops” ar.d they all read it carefully. Very often it publishes announcements that are of vital importance to policemen and news that interests them. A small editorial appears at the bottom of page one of each paper, usually commending some officer for unusual work. The paper aids various departments in their work. It lets the chief know the activities of criminals, it helps the captains at roll call, for they read the paper to the men instead of having to read a numerous amount of reports; it aids the detective department in their investigations; it is an aid to patrolmen, for they keep a copy of the paper instead of having to take down a sheaf of notes, and last but not least, it helps police reporters who can read it and know if they were .'.‘beat” on a story and therefore can get busy and get the story in time for their editions. GIRLS’ MEET NEAR END WTCHITA, Kan., March 30.—The Wichita Elks’ national girls’ basketball tournament entered the semifinal round today. Ada, Okla., teachers met the Trezevant-Coch-rans of Dellas, Texas, in the first game, while the Cockerell, Kan., Robbins, played the WallensteinRaffman tea mos Wichita in the second.
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PAGE 33
BARON URGES WORLD PEACE Diplomat Is Speaker at Meeting Here. The idea oi patriotism completed by the idea of international relations as a necessity will do much toward fostering peace among the nations of the world, according to Baron Alphonse Heyking, formerly of the University of Dorpat, now lecturer on diplomatic and consular service and international law at the University of Geneva. He spoke before a luncheon of the Indiana Council on International Relations at the Hotel Lincoln today. “The old idea of ‘I do you and you do me’ in international trade relations has been exploded. The Idea that commerce is good for both must be inculcated, and cooperation developed through the diplomatic and consular service,” Baron Heyking said. Baron Heyking’s lectures in Ibis country are in behalf of (lie Carnegie Endowment for International Peace. The diplomat was Russian consul general in London and British India and a member of the Russian ministry of foreign affairs from 1901 to 1905. He was slate counsellor in Russia in 1908. WIDER STREET PLEDGED Mayor Slack Promises Improvement of E. Washington St. Mayor I*. Ert Slack pledged the city administration to the widening of E. Washington St., between Wallace St. and the city limits, at a meeting of the Irvington Commercial Welfare Association Thursday. Corporation Counsel John W. Holtzman and Slack were guests of the association at luncheon at the Irvington Masonic Temple. TRAIL THIEF BY CHEESE Marauder Flees but Scent Lingers to Guide Warehouse Watchmen. Bit United Press MILWAUKEE. Wis., March 30 -A burglar taking food from a warehouse escaped from two watchmen in the dark. The watchmen trailed a scent across several fields. The cheese was gone, but (he aroma j still lingered, the watchmen said when they brought back a man charged with the theft. Carter Itinerary Announced Cities in the First, Second, Fifth, Ninth and Tenth districts are on next v/eek's campaign itinerary of Solon J. Carter, candidate for the Republican nomination for United States Senator. Carter speaks at Martinsville, Saturday night.
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