Indianapolis Times, Volume 39, Number 291, Indianapolis, Marion County, 2 April 1928 — Page 14

PAGE 14

SOUND SUPPORT AIDS UNCERTAIN LIST IN OPENING Confidence Is Restored in Mart Following Radio Downturn.

Average Stock Prices

Average of twenty industrials Saturday was 213.35. off 1.10. Average of twenty rails was 141. 25, off 71. Average of forty bonds was 99.31, up .04. Ry United I’rest NEW YORK, April 2.—Uncertainty regarding the present stock market was more pronounced in the early trading today. Selling went ahead in the leading issues which had been carried up sensationally in the last two weeks of March. The month opened with a selling drive for Radio Corporation, General Motors, United States Steel, General Electric and others. Railroad stocks, on the other hand were strong while oils, with the exception of General Asphalt, declined. Radio opened 10.000 shares at 178, a decline of 8 points from the previous close which in turn was a loss of 9 points from the last price of Friday. The issue then came back sharply, touching 183 1 i from which it receded slightly later. Strong Support Unusually strong support came to the aid of the entitre list in the first half hour and confidence was being restored on the buying side in many sections. Loews was a strong spot in the amusements, selling within 1 s of its record at 70%. Nickel Plate, Reading and St. Louis Southwestern featured the rail group. Motor issues generally sagged. General Motors opened 184% off % and declined to 184 without recovering. The Wall Street Journal’s financial review today, in describing the market, said: “The public confidence regarding the ability of the market to proceed upward in a straight line was shaken by the abrupt reaction in Saturday’s late trading. This set back brought a flood of selling orders Sunday and further recession.'; took place at the start of the new week. “General Motors w r as subjected to special pressure on rumors of a price cut in the six-cylinder field.” Industrials Recover Railroad stocks were in demand throughout the morning, while industrials made sharp recoveries. However, renewals of call money at 5 per cent brought some selling toward noon. Wright Aeronautical was an outstanding feature of the special issues, soaring 8% points to anew high at 101 1 i. Radio recovered to 132% from its opening to 178 and then eased to 188. General motors got back to its previous close of 157 after an early loss of 3 points. The gain in the latter issue followed the record production report on Chevrolet cars.

Banks and Exchange

NEW YORK STATEMENT Uli United /'rest NEW YORK, April 2.—Bank clearings. SI.156.000.000; clearing house balance. $153,000,000: Federal Reserve Bank credit btlance, $121,000,000. FOREIGN EXCHANGE F.y United Pres* NEW YORK, April 2.—Foreign exchange opened steady. Demand sterling. $4.87 : ., up l-32c; francs. 3.9** ac: lira, s.2B*be; belga, 13.95 c: marks, 23.90 c, off .00'^c. Births Twins Lepn and Bonnie Pochard. Coleman Hospital, boy and girl. Boys Edward and Clara Raasch, 516 Spruce. Warrie & Nellie Kenney, 1308 S. Belmont. Charles and Helen Emery, 1919 N. Oxford. Hobart and Ethel Barnes, 3102 Lancaster. Fred and Wilma Hughes, 1123 N. Arnola. Gotthilf and Augusta Thum, Coleman Hospital. John and Verda Piersall, 3307 Ralston. F. E. and Ida Bibe. 1119 Troy Are. Andrew and Viola Trice, 2507 Rader. Charles and Ruth Donahue, 1124 Calhoun. William and Anna DuShane. 2833 Moo.r. Edward and Helen Stultz. 725 W. Thir-ty-Second. George and Viola Morrison, 1416 Martindale. Buckley and Katherine Marvin, 1513 College. Girls James and Marie Crewer, 4820 E. Michigan. Loren and Helen Fralich, St. Vincent’s Hospital. Paul and Mary Horan. St. Vincent's Hospital. Edward and Louise Pierre, Vincent's Hospital. Victor and Dorothy Eenjamln, Vincent's Hospital. James and Stella McGinnis, 1-126 N. Kealing. Herman and Lvda Lystcr. 1262 Naomi. Charles and Idella Hughes. 904 Prospect Glenn and Emma Connett 2410 Roosevelt Ave. William and Marianne Royse, 1601 E. Vermont McKay and Ruth Steel, Coleman Hospital. Benjamin and Alice Dickson, Coleman Hospital. Waldon and Daisy Parker. 1214 w. Thirtieth. .Tack and Evangeline Mason, 2753 Hillside Avxn John and Florence Overton, 615 E. Norwood. -- Clyde and Edmonia Smlthen, 718 W. ■ and Dora Rouck, 2431 Olney St. George and Ada Gaarner, 455 W. Eighteenth. Austin and Bernice Akers, 26 McLean John and Bessie Lunsford, 2924 W, Michigan. John and Anna Long. 1317 E. Raymond. Deaths Dorothy L. Enlow, 4, 1037 River Ave., diptheria. „„ „ Henry Espey. 80, 1123 N. Keystone, broncho-pneumonia. Jefferson Worthington, 46, Central Hospital, general paralysis. Joseph. Weil, 85, 352 W. Douglas arteriosclerosis Joseph Mattingly Jr., 5, city hospital, empyema. Harriet Lewis. 60, 556 Fletcher Ave.. cerebral apoploxy. Henry Parker. 51 years, 626 Fayette pulmonary tuberculosis. Thomas A .Jordan. 52, St. Vincents Hospital, choleo evtitis. Charles Bauer, 48, city hospital, hypernephromia. John F. Hornbiich. 79, 1616 E. New York, acute cardiac dilitation. Jonas B. Campbell, 70, Central Hospital, chronic myocarditis. Caroline Sauer. 74, 702 E. Minnesota, chronic myocarditis, Murat E. Cheshier, 51, 1148 Reisner, Influenza. Margie Nave. 6 mo., Methodist Hospital, lobar pneumonia. Louise Huder, 72, 1244 N. New Jersey, accidental. Mary Olive Taylor, 78, 342 N. Beville. arteriosclerosis. Nancy Elizabeth Turner, 80, 2614 Cornell, carcinoma. • Estilla F. Yates. 40, Indiana Christian Hospital, carcinoma. William D. Seston, 79, 4025 Sutherland Ave . arteriosclerosis. John Rvan, 49, city hospital, pulmonarv tuberculosis. James N. Killie. 58, 1542 Roosevelt Ave., chronic myocarditis. , Caroline Preston Francis, 80, 557 Fletcher Ave.. chronic myocarditis. Alma Simpson, 37, city hospital, chronic nephritis.

New York Stocks

(By Thomson <fc McKinnon)

—April 2 Railroads— Prev. High. Low. 12:00 close. Atchison 190 .... 190 189% Atl Coast Line ..180% .... 180% 181 Balt & Ohio .. 115 *s 115 115% 115% Canadian Pac...211% 211 211 ■* 213 Chesa & Ohio .193’,a .... 193% 191% Chi & Alton 7la Chi & N West. 86 .... 86 87% Chi Grt West ..13 .... IS- 1 * 12% C R X & P 115 .... 115 115 Del & Hudson . . 174"4 Del & Lacka ..141’a .... 141‘4 142 Erie . 56% .... 56% 57 Erie Ist pfd .... 58*4 Grt Nor pfd. ..102 102 101% 111 Central 142 142 143 >4 Lehigh Valiev 91 :, t Kan Citv South. 55% 55 55% 55% Lou & Nash 153 MK & T 37% 37% 37% 37% Mo Pac pfd ...111 3 ) 111% 111% N Y Central 137 135 134% N Y C & St. L 137 135 135% NY Nil & H 63% 62% 63% 63% Nor Pacific .... 99% 99% 99% 99% Norfolk & West 188% Pere Marquette 133 Pennsylvania .. 69 68% 63% P % W Va 124 Reading 106% 106 >4 105% Southern Rv ...147% .... 147% 149 Southern Pac ...122 .... 121?.* 122 St Paul 34 >4 33% 34 35 St Paul pfd ... 47% 46% 46% 46% St I, & S W ... 82', 82% 81 ISt L & S F ...119% 119 119% 120 | Texas & Pac 129 Union Pacific ..196 195 ■% 196 197 West Maryland ... . 44% Wabash 71% .... 71% 71 Rubbers— Ajax 11% .... Ilia Jl'% Fisk 16 .... 15% 16 Goodrich 85% 85 85% 8a Goodyear 56% .... "6 ■■* 56% Lc c e lly : Spß . nd .:.v: i#% :::: % United States .. 52% 51 52% 51% Equipments— Am Car & Fdv • •... JO6 Am Locomotive 108% . ■ . 100 i 109% Am Steel Fd ... 69 68% 68% 60% Baldwin Loco -■■■ 233-,* General Elec ..157% 156% 1.>7% 159 Gen Rv Signal. 97% 96% 97% Lima Loco a? N Y Air Brake 75% Pressed Stl Car 23 Pullman 86% 86 86% 87 Westingh Air B 52% 52'4 52% a5% Wcsttngh Elec.. .. ... ... 106'% Steels— Bethlehem .... 58% ... 58% 58% Colorado Fuel.. . ... . • 76 Crucibles 86% ... 86 86 Gulf States Stl. .59 . . 59 59% Inland Stel .... 53% 52 53 53 Phil R C & 1.. 28% ... 28% 32% Rep Iron & Stl 60% ... 60% 60 Slos-Sheff 130% U S Steel 147% 146% 147 146% Alloy 28% ... 28% 82% Youngstown Stl 87% ... 87% 87% Vanadium Corp 87% ... 87% 86% Motors—'Am Bosch Mag. 24% ... 24% 23% | Chandler ... ... 15 “Chrysler Corp.. 70 68% 69% 69 I Conti Motors .. 11% 11 11% 11% (Dodge 8r05.... 21 20% 21 21% 'Graham Paige. 26% 26% 26% 26% General Motors 187 184 186%- 187 Hudson 93% 92% 93% 92% Hupp 53% 52% 53% 54 Jordan 11% 11% 11% 12 Mack Trucks .. 97% 95 97 96 Martin-Parry .... ... .. 15 Moon -6% ... 6 'j 6% Motor Wheel .. 34% ... 33% 34 Nash 88'4 Packard 69 68 69 68% Peerless 22 Pierce-Arrow .. 12% ... 12% 12% bludebaker Cor. 65 ... 64% 65 I Stew Warner .. 91% ... > 91% 91% Stromberg Carb 54% Timken Bear . . .124% ... • 124'* 125% WUlys-Overland 27 26% 27 27 Yellow Coach .. 33% ... 33% 33% White Motor ..34 ... 33% 35 i Alining—- ! A Smlt & Rfg.,188% 187 188% 188%. j Anaconda Cop.. 62 61% 62 62 Caimuet A: Art? 104 ... 103% 106% i Cerro de Pasco 67 | Chile Copper .. 40% . 40% 40% Greene C Cop 129% 127% 12!lj 128% Inspiration Cop 20% . . 20% 20% I lilt Nickel 95% 93 95 94% | Kennecott Cop.. 85% 85% 85% 86 Magma Cop .... 51 50% 51 51% I Miami Copper 79 Texas Gull Sul.. 76 74% 75% 75% U S Smelt 43% 43 43 43 Oils— Atlantic Rfg ...121% 116% 121 116% Cal Petrol 25% ... 26% 26%. Freport-Texas . OS’s 82% 83% 83% Houston Oil ....152 ... 152 130 111 dp Oil & Gas 26% 26% 26% 26% Mariand Oil ... 40% 4040% 40'. Mici-Co:it Petrol 23% ... 21% 28% Lago Oil & Tr .. . , . 32% Pan-Am Pet B. 46 45% 45% 45% Phillips Petrol.. 41% 41% 41%. 41’* Pro & Bfgrs ... 22% ... 22% 22 Union of Cal ... ... ... 50% Pure Oil 22% 22% 22% 22% Royal Dutch ... 46 45% 46 46% Shell 26% 26% 26% 26% Simms Petrol ... 23% 23% 23% 24 Sinclair Oil ... 28% 27% 28% 28% Skellv Oi! 28% .. . 28% 28% Std Oil Cal 56% ... 56% 55 s * Std Oil N J 41% 41 41% 41% Std Oil NY... 30% 70% 30% 30% Texas Corp .... 53% 53% 53%. 53% Transcontl .... 8% ... 8% 8% Industrials— Adv Rumely ... ... 13 All's Chalmers .122% 122% 122% Allied Chemical. 164% 162% 162% 162% Armour A 14'- . 14% 14% Amer Can 85% 84% 85 85% Am Hide Lea ... ... 12% Am H L pfd ... ... 51 Am Linseed .... 94% ... 94% 95 Am Safety Raz. .. ... ... 62% Am Ice 34 33% 34 33% Am Wool 23% ... 23% 23% Curtis 67% 67%. 67% 66% Coca Cola ... ... 143 Conti Can 105% 104% 105 105' i i Congoleum 27% 2G% 27 25% I Davison Client .. 20% ... '>o% 40% 'Dupont 380 ... 380 384 Famous Players. 116% 116% 116% 113 Gen Asphalt' ... 91% 89% 91%. 89 lilt Bus Mch ... ... 128'., lint Cm Engr.. 50% 49% 50% 497a Tnt Paper 73 76% 78 77 lint Harvester ..254 ... 254 256% I Lambert 103% 103 103% 104% j Loews 70% ... 70 69% I Kelvinator 20 19% 20 19% ; Montgom Ward..l49 147 143 149 | Natl C R 56% 55% 55% 55% Pittsburgh Coal .. ... ... 45 Owens Bottle .. .. .. ... 82 Radio Corp !BC% 178 186% 136 I Reel Silk 27% Rem Rond 26% 26% 26% 2.7% Sears Roebuck .104% 103% '04% 'o'% ! Union Carbide .152'', 151 152 153 ; Untv Pipe 23% ... 23% 23 | 17 S Cs I" Pipe 250 IT S Leather .. 72% 31% 32% 33% U S Indus Alco 1 1 7' , 116%, l'G% 11f.% i Wl’ight 96% 93% '96 93 • Woolworth Cos ..189% 188% 189 189% I'U'M'e Am Te! & Te1.,%31 ... 180 181% Am Express ...130% ... 130 18! Wet V/ks.. 57 ... 57 56 i- -Ur-h T. 67 66% 67 ' Cos! G & E 93% ... 93% 93% 'Consol Ges ...1 ,r % 114% I'6 1-5*4 ! Flee Pow 4: Lt.. .30% ... 36% 37 ‘ Nor Am Cos 64% 61% 64% 64% 1 Montana P ....167% 153 162 160% I Peoples Gas ....173 ... 173 173 i So Cel Edison 45% j Std Gas * E 1... 64 . . 63% 63% Utilities Power . 3'% 31% 31% 31% West Union Tel. -!65 ... ICS 163 Am Tntl Corp.. 97% 86% 07% 97 I A Shin & Com.. 4% ... 4% .1% i AM Gulf * W I 40% ... 4040% | I-it! Msr M pfd. 39 ... 33% 38% United Fruit ..139% ... 179% 1395 b | Foods—lAm Sug Rfg. .. 71 % ... 70% 71 ' Am Beet Sugar ... ... 15% ! E.-'-hnut Fkg .. 78% ... 78% 78% I California Pkg .. ... ... 74% Co"n Products .. 78% 77% 78 78% Cuba Cane Su p 26% ... 26% 26% Cuban Am Sug. 21% ... 21%. 21% Flelschmann Cos 70% 70% 70%. 71 Jewel Tea ... ... 82%: I -Tones Bros Tea. 26-'% ... 23% 26% Natl Biscuit 169 Punta Alegre 32% Postum Cos . .124 122% 124 123% Weld Bakg 1B) 24 ... 24 21% Tobaccos— Am Sumatra .. 54% ... 54% 54% |Am Tobacco ...169 168%. 169 Am Tob (Bi ...168% ... 1637 b 168% Con Cigars .... 85% ... 85% 86% General Cigar .. 71 ... 71 17% Lig & Myers. . .107% ... 107% 107 Lorillard 42% ... 42 42% R J Reynolds .142% ... 142", 142% I Tob Prod 1B .111% ... 110% 110% I United Cigar St .71 ... 31 31 I -Schulte Ret Strs 83% 56 56% 53%

TLL BE THERE, JUDGE!’ Baltzell and Defendant Agree to Meet Again. “Well, Judge, I’ll do my best to be there, and you do your best, too,” was the admonition given Federal Judge Robert C. Baltzell by Jake Myers, Clinton, when the court reduced Myers’ bond on a liquor charge. Myers and his son, Porter, will be tried in Federal Court at Terre Haute today. “Be sure and be in court and come prepared to take a little vacation, if you are convicted,” Baltzell told Myers. Gold Rush Officer at Brazil Bit Timex Spec in l BRAZIL, Ind.. April 2.—E. A. Smith, Confederate Civil War veteran, who was marshal of Lcadville, Colo., during the gold rush period from 1873 to 1879, is a visitor in Brazil, the guest of his brother, E. W. Smith. He recalls that despite taking part in many gun battles during his term as marshal, he never was compelled to kill a man.

CALVES SINK $3 AT STOCKYARDS; HOGS GO HIGHER Porkers Sell 10 to 15 Cents Up, With 4,000 Received; Others Steady. March Bulk Top Receipts. 26. 8.404/ 8.75 8.7.) 3.500 27. 8.304/ 8.60 8 65 6.000 28. 8.50 b/: 8.60 8.60 7.500 29. 8.35 b/ 8.70 8.75 6,500 30. 8.50be 8.75 8.75 6.000 31. 8.35# 8.45 8.45 4.500 April 2. 7.75 b/ 8.50 8.60 4,000 Slashing of prices in the calf division cn the local livestock market today sent the top down to sl4, about $3 lower. Hogs sold 10 to 15 cents higher at a top of*sß.6o. Receips in that division were 4,000, and there were 2,019 holdovers. The Chicago market was around 10 cents higher than Friday's average and the best sold at $3.40 to $8.50. Receipts numbered approximately 15.000. Heavy meat animals weighing 250-350 pounds advanced 15 cents on the high end of the range to bring $7,757/ 8.45, and material in the 200-250-pound class was up 10 to 15 cents at $3.40W8.60. The top was the same in the class of light weights, 160-200 pounds, which sold at $8,257/8.60. up 10 cents on the long end. Light lights, 130-160 pounds, were $7.50W8.25. Pigs and packing sows were unchanged at $6,507/ 7.50. A steady tone controlled cattle prices in the cattle division, which changed slightly. Beef steers brought $10,507/13 and beef cows were $77/10.25. Low cutter and cutter cows were unchanged at $5,507/ 6.75, as were bulk stock and feeder steers at $7,507/9.50. About 500 were brought to the yards. Calves were the sensation of the market, dropping around $3 lower. The best sold at $13,507? 14.50 and heavy calves brought $6,507/ 10. Receipts numbered 600. Sheep and lambs were steady, with 200 animals in the pens. The top was quoted at sl7 and bulk fat lambs sold at $137/15. Bulk culls were $7.50% 11.50 and fat ewes went at $6.50779.50. Spring lambs were entered at s2o''/ 23. IfO£S * Receipts. 4.000; market to 15c higher. 250-350 lbs $ 7.754/ 8 45 290-250 lbs fi.4ob/ 8.60 160-200 lbs 8 254/ 8.60 130-160 lbs 7 504/ 825 90-130 lbs 6. SO-/ 7 50 Packing sows 6.50'/ 7.50 Cattle— Receipts. 500; market steady Beef steers sl° so',/ 13.90 Beef cows 7.00b/19.25 Low cutters and cutter cow . . 5.50 :/ 6 75 Bulk stock and feeder steers 7.50 b/ 9.50 —Calves— Receipts. 600; market, S3 lower. Best Vealers sl3 50b/ 14 >0 Heavy Calves 6.50'/10.00 —sheen and Lambs— Receipts. 200: market steed'Tot) fat lambs $17.00 E'.i'k fat lrmbs 7 :,r. r .50 Fat ewes 6.50 b/ 9.50 Spring lambs 20.00 V 23.00 Other Livestock r,n United Prrßtt CLEVELAND. April 2. Hog Re-e.pt.s. 5.00: market steady io 15c up: 250-350 lb. .. $8.50b/ 8.83: 290-250 lbs.. $8 75b/8.35: 160209 lbs., $8.85 ./ 8.90: 130-160 lbs.. 57.7.7 // 8.90: 90-130 lbs.. $7.50'" 7.75: packing sow s, $7 '/7.25. Cattle Receipts. 600: calves, receipts 900: market slow, steady: beef steers $10.75'//12.50: beef cows. s7'"B: low cutter and cutter cows. $5.25b/ 6: vealers. sl3'./ 17.50. Sheer) Receipts, 2,600; market steady to weak: clipped basis, ton fat lambs. sls: bulk fat lambs. 514.50% 14.7A. bulk cull lambs, $11" 12.50; bulk fat ewes. S6•</ 8.25. United Prist PITTSBURGH. April 2.—Hogs-Receipts. 5.300: market .strong to 5c up: 250-350 lbs., $8.40b/ 9: 200-250 lbs.. $8.75 // 1.7; 160200 lbs.. $9.15: 130-160 lbs. $8.50b/9.15; 90130 lbs.. $7.254/3.50; packing sows. $7 /•/ 7.50. Cattle-Receipts. 1,050. Calves—Receipts. 600: market, slow to steady. Calves Strong to 50c up: beef steers. sllb/13.25; light yearling steers and beilers. £lO// 13: beef cows, SB4/ 9.50; low cutttr and outer cows. ssb/6.50: vcalrr:,. Sl6b/17.50: hep.'-y calves. s9bz 14.50. Sheep—Receipts. 2 600: market, ttrong to unevenly higher; shorn basis, top fat lamhs, $15.50: bulk fat lnrnb;, $12.50b/ 13; bulk cull lamb:;. $lO% 12.

In the Stock Market

/Bv Thomson & McKinnon) NEW YORK. April 2.—The mixed movement of prices was the feature of last week’s market. Sharp declines and recoveries were made within a period of a few moments under heavy volume and speed not heretofore witnessed. Such activity simply indicates that caution has been thrown to the winds and that investors and traders are following an uncharted course in an uncompassed ship. There are shoals ahead upon which some will pile up unless they pull In their sails. There is little news to be had upon which an opinion, good or bad. may be based. Therefore the trader’s position is made all the more difficult becau.se any news forthcoming of an unfavorable nature is quite likely to receive more attention than it deserves and naturally reflects in the stock market with great intensity than if more equilibrium prevailed.

Local Wagon Wheat

Local grain elevators are paying 51.57 for No:, 2 red wheat, utner gracies are purchased on their merits. CHINESE REACH PACT ON NANKING WITH U. S. Promise Compensation for Losses and Punishment of Guilty. Till I ni hi! Prestn WASHINGTON. April 2.—Chinese press reports announced John Van A. Mac Murray, envoy from the United States, and Hwang Fu, Nanking foreign minister, had reached an agreement settling the Nanking incident of last year when one American was killed. The report said that the Americans would be compensated for their losess, the guilty would be punished and future protection assured Mac Murray today was reported en route to Peking. The settlement will permit missionaries to return to their posts after deserting them during the siege. _ Mail Order Sales Higher /’,// l nihil Tn xx CHICAGO. April 2.—March sales of Sears Roebuck & Cos., totaled $23,985,681. against $23,254,260 in March, 1927, an increase of 3.1 per cent. Sales for the first three months of 1928 were $72,067,865, against $66,300,802 in the same period of 1927, an increase of 8.7 per cent.

THE INDIANAPOLIS TIMES

Produce Markets

Butter (wholesale price)—No. 1, 50@52c; No. 2. 49&50C. Butterfat (buying price)—49c lb. Cheese (wholesale <fSlling prices, per pound—American loaf, 32<//35c: pimento loaf. 34#37c: brick loaf. 32b/35c: Swiss. 39@>42c; Wisconsin flat, 27 b/39c; print cream. 251/ 270: flat display, 26b'27c: Longhorn. 26',211 27c; New York limoerger, 30% &32c. Eggs—Buying prices: Fresh, delivered at Indianapolis, loss off. 24b/ 25c. Poultry (buying price) Hens. 22t24c; Leghorn hens 18b/20c; 1928 springs. 1% to 21bs.. 35c; old roosters, lib/12c: ducks, 15b/16c: geese, 84/ 10c; guineas, old 35c, young 50c. J?,;/ United Prrji CLEVELAND. April 2—Butler—Extra in tub lots, 484/ 50%c; firsts. 45%b/47%c; seconds, 41%4z 43%c; packing stock. 30'//32c. Eggs—Extras. 390%c; extra firsts, 20%e; firsts. 27%b/28c; ordinary, 26%c. Poultry —Heavy broilers. 48</50c; few fancy, 52c; Leghorns. 38 " 40c: heavv fnt fowls. 30'" 32c; heavy, 20b/ 3Jc: medium stocks. 20'" 31c; Leghorns. 25<//27c: old roosters. 184/ 20c; capons. 34b/36c: heavv spring ducks. 30'//33c: lightweights. 26 "28c; geese. 22" 25c: stags. 224/ 24c. Potatoes—lso-lb. sacks round whites. Minnesota. Wisconsin, Michigan. $3.75b/3.85: 120-lb. sacks Minnesota, $3.75; Idaho russet Burbanks. $3.50; home-grown, bushel sacks. $1.50'" 1.60: Florida, barrels. Hastings No. 1. $12.25(/z 12.50; No. 2, $90j9.25.

THREE BANDIT SUSPECTS HELD Two Youths, Negro Arrested for Investigation. Three bandit suspects are held at city prison today, having been taken in tow by Lieutenant Patrick O' Connor aiid squad Sunday night. Earl Lamont, 25, 708 W. TwentyFourth St., was arrested at a pool room in the 2400 block on Northwestern Ave. Officers allege Lamont threw a loaded gun away when they approached. Fred Underwood. 17, of 834% W. Washington St., and Arthur Kindley, 19, of 966 W. Washington Stare held under SI,OOO vagrancy bonds. Manager Robert Knox of the Standard Grocery, Sixteenth St. and Emerson Ave., told police he hid S3OO Saturday night, a short time before he was held up by a Negro bandit androbbed of S3O. Three armed bandits held up a Crown Laundry truck at Audibon Rd. and Michigan St. Saturday and robbed driver Richard Call 5202 E. Walnut St., of $63. The Hagg Drugstore, TwentySecond and N. Meridian Sts., was held up and robbed Saturday night for the second t’me in three weeks. Manager Max Cusick ot the Standard Grocery, 2241 W. Tenth St., was robbed of $22 by a Negro bandit Saturday night. U. S. PAYS 26 CENTS TO SEND OFFICIAL LETTERS Move to Cut Down Amount of Federal Correspondence. It costs the Government 26 cents a letter to handle the Government's profuse correspondence, according to bulletins received by various Federal Bldg, offices today. The bulletins asserted practical tests of stenographic work had revealed that figure as the approximate cost. “The figure is not exact, but accurate enough to be significant and startling,” the bulletins quoted the director of the budget as saying. “It would be an excellent plan for a Government personnel responsible for correspondence to have that significant ’26 cents' give a prominent place on their desks. It may serve as a deterrent.” ft was estimated mere than 1.900 letters a'-e sent by officials in tiie Federal Bldg, here daily. FORT SITE IS DONATED Vincennes Deeds Part of Sackvillc Location for Memorial. Deed to an important part of the site of Fort Sackville in Vincennes to be used as a part of the George Rogers Clark memorial has been given the memorian commission by the city of Vincennes. Several months ago the city acquired the old blockhouse square and all but one piece of property in the quarter block to the northeast. The city will take steps to acquire the remaining piece of property for the memorial. Mayor Claude E. Gregg has notified William Fortune, president of the commission. It is hoped that the monument to Clark will be erected in time for a nation-wide observance of the 150th anniversary of the capture of Fort Sackville. Boy Burned in Oi! Blast LA PORTE, Ind., April 2.—William Raschke', 17, was in a serious condition today as a result of burns •suffered when his clothing caught fire in a kerosene explosion. Raschke was lighting a kitchen stove lire when the explosion occurred. His parents immediately wrapped him in blankets and smothered the fire. Doctors said he would live.

Indianapolis Sends First Shipment of Air Express

Copies of Times Consigned to San Francisco Mayor, Other Officials. When the first shipment of express left Indianapolis by airplane on the air mail plane this afternoon, copies of The Indianapolis Times addressed to the mayor of San Francisco and other officials were included. The papers were sent by J. W. Dill, general agent for the American Express Company, which has contracted with the Embry-Riddle Company, air mail contractors for the Cincinnati-Indianapolis-Chi-cago route, and contractors on other routes for regular express shipments by air. The new air express service will provide overnight delivery of express to Boston, Hartford. Conn.; New York City, Kansas City, Mo.; Dallas. Texas, ond other distant points. Twenty-six-hour service is pro-

GRAINS STEADY; TRADERS AWAIT GRDF ESTIMATE Caution Is Watchword With Expectation of Bullish Reports. P-H I nited f’l i 8* CHICAGO. April 2.—Caution was the watchword at today’s opening on the Chicago Board of Trade, and grain futures showed practically no changes from the previous close. Traders were awaiting private reports on the winter wheat crop and on farm reserves of corn, due today. Opening figures were: Wheat, unchanged to V, cent higher; corn, unchanged, and oats % cent lower. Provisions opened higher. Reports on winter wheat were expected to be bullish concerning central belt soft wheat, and bearish on Southwest hard wheat. The average crop is expected to be estimated at 70 to 76 per cent of normal. A moderate increase in the visible supply of corn was expected this morning, as primary receipts were surprisingly large during the last month. Weather over the belt was cool and clear. Oats is still depressed by expectations of a record acreage to be seeded to the new crop. Chicago Grain Table April 2 Prfv. High Low 12.00 close. Wheat Mav 1.43% 1.42% 14?'. 1 42% .Tulv 1.42' ■ lit % 1 41' . 1.41 % September ... 1.40% 1 39% 1 39% 1.39% CORN Mav 1.02% 1.01 1.01 1.01% ,t)llv 1.04 % 1 93% .93' • l 91% September .. 1.01% 1.03% 1 03% 1.04% OATS Mav 58% .57’, ,e3 .58 July 51% .51% .51* ! .51% September ... .47 .40%' .46 , .46% RYE Mav 1.20% 1.'9% 1.20- s .Julv 1.15 1.14 1.15 September .. 1.07 1.06% LARD .. „„ Ma- 11 90 11 85 I .62 .Tulv 12.29 12 15 12.10 September .. 12.47 12 45 12.40 Mav 8 '’ 11.50 HSO 11.55 Julv l;-80 I'ii Timik syerinl CHICAGO. April 2 Carlots: Wheat. 23. torn, 137: oats. 41; rye. 3.

Commission Row

TRUE TO RETAILERS FRUITS Apples - Fauev barrel apple seasonable tarietle:.. s7'./11: fancy basket apple:,. seasonable varieties. 52.25'//3.25 40 lb. : choice box a.pplc.s. .seasonable varieties. $3,234/ 5. Grapefruit Florida. $3 75'/$ Grape-—California v. hit-s. $7 50 kra l.emons California. $54/ 6.25 crate. T imps Jamaica. S3 per 100 O snqt California navels. $5 " 7.50 crate; Florida. 56"7.25 crate. Pears— Washington D'Anjous. $3 50 half bex. Pineapples -Cuban. $9 crate. Strawberries Florida, 05'"70c quart. VEGETABLES Artichokes California. $1 50 dor.cn. Ar.p:.raut.s California. ss'// 6 per crate. Beans Southern. S6 hamper. Reels Texas. $3 bu : home crown. $1.75. Broccoli Texas. $3.50 bu R'ussels Sprout - 35'/40c lb Cabbag" Holland iced 2"2%c lb.: Texas. 44/4%c lb : red. 4/,z4%c lb. Carrots -Cal.. S* 50 5-do/, crate: homecrown. $1: Louisiana. 51.75. Cauliflower Celifornia. $24/ 2.25. Celery -California. 57.50 crate. Florida. $3 75 nor crate. Celery Cabbage $2 25 /2 50 Cucumber: Indiana hothouse. $2 25'" 3 fc Fox of 1 dor Eggplant- H. G. $24 2.50 do 7 Fr.dive $1,504/ 1.73 tier, bunches. Kal" $3.50 barrel. Ler-k— 75c bunch. Lettuce Arizona, h-ad sl/4 30 per crate; hothouse, te: i, £133 13 lbs. Mushroom - -SI 75. 3 lbs. Mustard Southern. $2 30 bu. Onions-Spanish. $3.50 crate: Indiana red or yellow. ') 1 CO-11a. bap Ovst-rplant -osc coz. bunches. P.u. 'ey COc dor. bunches: Southern. 65c bunch. Parsnips S! 50 bu. Peas California telephone. 17.584; 8 hr mar. Pepp'rr Florida manfioes. $/.30' /6 cratRotator: Michigan white. $4. 150 lbs.; Minnesota Red River Ohios. S3 35. 120 lbr..; Idaho, $3.25. 110 lbs.: 1 lor.da Triumph/. 54 4/ 4.50. 50 lbs. Radishes Hothouse, button. 90c'//sl. Rutabagas--Canadian. $3 per cat. Rhubarb—Hothouse. 654/85e 5 lbs Rhallots— 60'" 65c do:' bunches. Spinrch Texas. St 25 bn. Sweet Pot a toe:, T idiana J- rsev mediums, $2 75 bu : Indiana Jersey:,. $4 bu.; Nancy Hall, $2.25 hamper: Porto Ricans. $2 bu. Tomatoes—California. $G.504/7.50 s!xbasket crate. MISCELLANEOUS Cld-r $4.50 6-gal. case: $4.75 doz. halfgul. iars. Garlic- 22c P’r lb. Sassafras— 2j'" 30c tioz. bunches. SELO STOCK Onions White sets. SB. 2 bin: ted. SB. 2 bu.: yellow. SG. 2 bu.: Bermuda plants, white, $3.75 nrr crate of 6.000: yellow. $1 crate of 6,090. Potatoes tu’.n comers. 53.50 l.)0 lbs Red River Ohio.. 53.50. 150 lbs.: Minnesota Triumphs, 74; 130 lbs. Sweet Potatoes Selected Indiana Jersevs S3 bu ' Indiana MAKES WATSON SURVEY Thurman Reports Northern Forces “Functioning Perfectly.” M. Bert Thurman, manager of Senator James E. Watson’s campaign for the Indiana presidential preference veto, has returned from a “scouting” trip through northern Indiana, reporting the Watson organization "iunct.oning perfectly.” Thurman had no reply to make to the barrage of statements which come from Hoover's State headquarters last week declaring Watson’s candidacy was not "genuine.” but an attempt to capture Indiana's thirtythree votes to the national Republican convention for delivery to Frank O. Lotvden of Illinois.

vided between Indianapolis and San Francisco and other far western cities. Transcontinental air express service is being opened by the express company, Dill said, to entourage commercial aviation and to supplement the present railroad express service. Reasonable rates for this service have been established, he added. Express transportation by air was inaugurated by the company last September for emergency shipments from the east coast to the west coast. Since then, plans were made culminating today in the nationwide service just inaugurated. About, forty pounds of express was received here this morning on the plane from Chicago. Shipments this afternoon totaled approximately seventy-five packages. The new express service will handle packages up to the size of a steamer trunk and weighing up to 200 pounds. The only articles nov accepted for the service are explosives and live stock.

The Times Sworn Statement

MADE UNDER THE POSTAL LAW. Statement of the Ownership, Management. Circulation, etc., required by the Act of Congress of August 24, I!)T_’. of The Indianapolis Times, published daily, except Sunday, at Indianapolis, Indiana, for April 1, 1928, State of Indiana, County of Marion, ss: Before me, a notary public in and for the State and county aforesaid, personally appeared Frank (i. Morrison, who, having been duly sworn according to law, deposes and says that he is the Business Manager of The Indianapolis Times, and that the following is, to the best of his knowledge and belief, a true statement of the Ownership, Management and Circulation of the aforesaid publication for the date shown in the above caption, required by the Act of August 24, 1912, 'embodied in Section 411, Postal Laws and Regulations, printed on the reverse of this form, to-wit: 1. That the names and addresses of the publisher, editor, managing editor, and business manager are; PUBLISHER Indianapolis Times Publishing Cos. 214-220 West Maryland Street, Indianapolis. Ind. EDITOR Boyd Gurley 2.'!7 E. Fifteenth Street, Indianapolis, Ind. MANAGING EDITOR Stanley Tullscn C4O Middle Drive, Woodruff Place, Indianapolis, Ind. BUSINESS MANAGER Frank G. Morrison litis E. Forty-Eighth Street, Indianapolis, Ind. 2. That the known owners are: Thomas I/. Si/110, Cleveland, Ohio; The FI. W. Seripps <’/>.. Hamilton. Ohio: G. B. Parker. Houston, Texas; The ltoy W. Howard Cos., Wilmington. Delaware: The Robert I*. Seripps Cos. Hamilton. Ohio: The Managers Finance Cos., Cincinnati. Ohio; W. W. Hawkins. New York City; The Third Investment Cos.. Cincinnati. Ohio; The Fifth Investment Cos.. Wilmington. Delaware; Hazel P. Hostetler, Cleveland. Ohio; Newton I). Baker. Cleveland, Ohio. That the known bondholders, mortgagees, and other security holders holding one per cent (l'/cl or more of the total of bonds, mortgages, or other securities: Wabash Realty and Loan 1 0.. lerro Haute. Indiana. 4 That (he two paragra >hs m-xt above, giving the names of the owners, stockholders, and security holders, if any. contain not only the lisi of stockholders and security holders, as they appear upon the books of tin - company but tils/), in rases where tlic stockholder or security holder appears upon the books of the company as trustee or in any other fiduciary relation, the name of the person or corporation for whom such trustee is acting, is given; also that the said two paragraphs contain statements embracing affiant’s full knowledge and belief as to the circumstances and conditions under which stockholders and security holders who do not appear upon the books of the company as trustees, hold stock and securities in a capacity other than that of a bona fide owner; and this affiant has no reason to believe that any other person, association, or corporation has any interest direct or indirect in the said stock, bonds, or other securities than as so stated by him. 5 That the average number of Topics of each Issue of this publication sold or distributed, through the mails or otherwise, to paid subscribers during the six months preceding the date shown above is 67,147 FRANK G. MORRISON. Business Manager. Sworn I" and subscribed before me this .'list day of March. 1925. iSEAL) W. B. NICEWANGER, Notary Public. M.v comm ssion expires .fan. 29. 1932.

J. W. CASTOR DIES SUDDENLY ON VISIT

Rites for Pioneer Printer Set for Wednesday at Home. Funeral services for John W. Castor, 54. who died suddenly Sunday while visiting at the home of George Shaner. 2729 College Ave., will be held at the home, 4402 Central Ave.. Wednesday at 2 p. m., followed by burial al Crown Hill cemetery. Mr. Castor was president of Castor Brothers Printing Company and long active in Marion County politics. He formerly served as county recorder and Center township trustee. He died of heart disease at the Shaner home about 9:30 p. m.. Sunday. shortly after he and his wife had arrived there for a visit. Drs. A L. Lcathcrman and Harter Leatherman were called but life was cxt:nct almost immediately. About two years ago. Mr. Castor took over the printing concern which had been organized several years before by an older brother, Frank G. Castor. After serving two terms as recorder Mr. Castor was succeeded by Frank R. Childers, present recorder. Eight years prior to becoming recorder, Mr. Castor was Center Township trustee. Ana ive of Indianapolis, he was educated in the local schools and when a young man was for a time a railway fireman. He then took up the printing trade, being employed by his brother. lie married Miss Lulu Bonzheim. Mr. Castor was a member of the Scottish F.tte, Murat Shrine, Elko. Improved Order of Red Men and Knights of Pythias. He was also a lifelong Presbyterian. Besides the widow, surviving are a son. Elva Castor, associated with his father in t’ie printing establishment; a sister. Mrs. Paul F. Robinson. widow of the former county coroner, and three brothers, Harry G.. of Indianapolis; Jess W., of Milwaukee. and Walter D„ of Chicago. SHEARER !S IN PACE County Councilman Files for Commissioner. John E. Shearer, R. R. 4, Box 214. member ot the ccunty council and leader in the Coffin faction of Republican politics, filed today as a candidate for the G. O. P. nomination for commissioner in the second district. He will be opposed by Cassius L. Hcgle. incumbent, and leader in the opposing cr Dodson faction of the party. Others already seeking the nomination are Arthur Eickhoff, R. R. P., and James A. King, 712 E. Sixty-Third St. Judson L. Stark, chief deputor prosecutor, who has been waging a campaign for the Republican nomination several weeks, filed today. Others in the race are William Henry Harrison and Charles Mendenhall, both attorneys. James E. Kreglo, Democrat, filed for commissioner nomination in the Second district. He lives at 2322 Ncv/land Ave. Others in the race are Ernest K. Marker, John F. Manning and John E. Flaherty. Wil’iam C. Demiller, 540 E. Thirtieth St., filed as Democrat for the nomination for sheriff. He is opposed by Alvin Mosley. 2944 N. Talbott St.; Henry R. Albertson. R. R. 6. and William P. Stuck, Denison hotel. ALIEN ACT IS EXTENDED Coolidge Signs Resolution Keeping Quota Provision in Effect. I*jt fa ild! PrvHH WASHINGTON. April 2.—President Coolidge today signed the joint resolution of Congress extending for one year the national origin provision of the immigration act of 1924. Proposes New Bus Line O. R. Mason, Dayton, Ohio, today filed petition with the public service commission to operate a bus line from Dayton to Indianapolis. The proposed route would be over State Rd. 40 from Columbus to Richmond, Ind.. thence to Centerville, Ind., and on to this city.

- - J Si * • k !•: J . - mk > S %•;. A / • .. .

./. W. Castar

PICK COUNTY ORATORS IN LINCOLN CONTEST June Ivempf anti Edward Fiilenwarth Go to District Talk Fest. Miss June Kempf of Manual Training High School and Edward Fillenwarth of Cathedral High School will represent Marion County in the district oratorical contest Saturday in Holleneek Hall, Y. W. C. A., from which district representatives in the Lincoln ‘Memorial State contests, April 24, will be chosen. The Marion County winners were chcsen from among ten contestants at Caleb Mills Hall. Saturday night. Others who participated were: Paul Sims of Manual Training High School; Miss Arietta Haggedly and George Smith of Crispus Atiucks. Miss Mary Frances Litten and Fred Lahr of Shortridge, Miss Catherine Tate of Technical. Miss Helen Dcprend of SI. Agnes Academy and Miss Rosemary Parnatt of St. John's Academy. Farrington Bridwell, a Technical High School winner, did not appear. Ccunty winners from Marion, Hancock. Morgan, Hendricks. Boone. Tipton. Johnson, Shelby and Hamilton will appear in the district contest. GIRL GOES ADVENTURING Helen Ilolmer, 5, Takes Trolley Ride and Long Walk. Helen Holmes, 5. of 1206 N. Olney St., sought adventure today and had a glorious time. She got on an East Tenth St. car near her home and rodq to North and East Sts., where being sans fare, the conductor put her off. While her worried mother and police were searching for her in this neighborhood police received a call from Twentieth and New Jersey St. Helen had walked that far. She was about four miles from home. VENTS WRATH ON TAXI Washington Woman Buyer Arrested for Breaking Cab Window. f\V I llill’ll Pi tK:9 NEW YORK. April 2.—Helen Henderson, 35, Washington, D. C., buyer, was arraigned today in west side court for kicking out the window of a taxicab in a display of temper. She received a suspended sentence on a promise that she would pay for the window.

Joseph Gardner Cos. Roofers and Sheet Metal Workers MAin 2078 147 KENTUCKY AVENUE

Now on Jk Savings 'Q Indiana National Bank

[APRIL 2, 1921

WOMAN KILLEDI MANY HURT 111 CAR crashes! Heavy Traffic Blamed for Increase in Accidents Over Week-End. A woman 72, killed by a street car, a boy 6, in serious condition and several other men, women and children injured in automobile accidents is the Indianapolis traffic record for the week-end. Heavy Sunday traffic accounted for many collisions. Fear of a holdup caused one bus driver, when accosted by a motorist asking aid, to drive his heavy machine into the man’s car, throwing a woman occupant to the pavement. Funeral services for Miss Louise Huder, 72, of 1244 N. New Jersey St., who was struck by a street car at Thirty-Fourth and Central Ave., Saturday night, will be held at the home at 3 p. m. Tuesday and burial will be at Crown Hill. Surviving are a brother, Henry J. Huder, Indianapolis druggist, and three sisters, Misses Hattie and Elizabeth Huder of Indianapolis, and Mrs. Anna Meitli of Chicago. Boy, 6, Seriously Injured Edward Kulpnski, 6. of 19 Frank St., is in a serious condition at his home today after being run down by an automobile driven by L. C. Federle, 32, of 213 N. Summitt St., at Meridian and Raymond Sts., Sunday. Witnesses said the youth ran into the path of the Federle car. The condition of Clifford Moran, 3. son of Mr. and Mrs:' Thomas Moran, 1257 W. New York St., was reported improved at the city hospital today. Ho was injured when struck by an automobile in front of his home Saturday. Robert. Benge, 2035’/ College Ave., admitted using the license plates of Everett Jolly, 1953 Broadway. He was charged with assault and battery and failure to have license plates and failure to stop after an accident. Girl Hurt, Driver Ileltl Roy Shelly, 301 N. New Jersey St., was charged with assault and battery and disobeying a traffic signal late Saturday night alter his automobile struck a car driven by St*th Ward, attorney. 1733 N. Meridian St., at Now York and Meridian Sts, Miss Betty Prunk, 21. of 1514 College Ave., riding with Ward, was injured. Mrs. Margaret Lautiff. 1947 Ludlow Ave., was charged with reckless driving and her daughter Cecilia, 10, and Erma Kafader, 9. of 1941 Ludlow Ave.. were taken to the city h'is pital following aVoTsion at Massachusetts Ave. and North St. Mrs. LautifT’s car collided with one driven by Mrs. J. C. Hardesty, 542 S. tral St., in the path of a car drive*!* by B. Snider. 741 Orange St. 'V A steering knuckle broke on >J3 automobile, Frank Schrciber, 29, R. R. G. box 159, to'.d police lal Sunday night, causing his car j get front his control and crash head-on into a car drtven bv C.i/rk Hall, 21. cf R. R. 2. box 281. at Raymond St. and the Big Fsur track elevation. Hus Runs Into Wreck Francis Conway, driver of a Beech Grove bus crashed into the Schreiber automobile injuring Mrs, Clara Schreiber, 24. Harry Scott. 53, of 105 E. Morris St., was taken to the city hospital after stepping into the path of an automobile driven by Jessie Raney, 454 Parkway Ave., at Morris St. and Modison Ave. Rrnry was charged with assault and battery. R. R. Beach. 919 Eastern Ave., stopped his automobile at 1450 E. Tenth St., to allow Mrs. Sadie Brown, of 919 Eastern Ave., to get out. Police said Claude Hodson, 24, of R. R. 2, Letts, Ind.. ran ipto the Beach car and Mrs. Brown was thrown to the pavement and injured her leg. John Lell.vblcd. 75, of 658 Virginia Ave., is in a serious condition in City Hospital alter being hit by a machine piloted by John Sullivan, 2437 Shelby St.. Sunday. Witnesses said Lellybled walked in front of the auto.

FIRST MORTGAGE REAL ESTATE LOANS On Indianapolis Property

5Vz% INTEREST Aetna Trust & Savings Cos. 23 N. Pennsylvania

The Home cf Good Furniture Sander & Recker Meridian at Maryland

BARRETT-WADE FURNITURE CO. H(W VIRGINIA AVIS. ♦* TURN IT l UK, lit C.s, 1 STOYKS, KKI KIGKIiATOI NKU ami USED | Goods for Laboring I’l-oplo I ( asli or Cmllt j Oprn E'/'oiuK* I

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