Indianapolis Times, Volume 39, Number 306, Indianapolis, Marion County, 19 April 1928 — Page 12

PAGE 12

RADIO ADVANCES SENSATIONALLY IN LIST OPENING Prices Generally Up; Trading Is Guarded Pending Federal Reserve Action.

Average Stock Prices

Average of twenty industrials Wednesday was 213.36, up .34. Average of twenty rails was 141.26, up .01. Average of forty bonds was 99.15, unchanged. By United Press NEW YORK, April 19.—A sensational advance in Radio Corporation featured early stock market dealings. Prices generally were higher, but trading slackened as many held aloof, pending the meeting of the New York Federal reserve board today. General Motors and United States Steel opened fractionally higher, but were very quiet relatively in early dealings. Radio spurted 13 points to 183 as bears were administered severe punishment and ran to cover. Madison Square Garden, which earned nearly its full year dividend in the first quarter, soared nearly 2 points to anew high at 21%. Describing the market, the Wall Street Journal’s financial revew said today: “No change was made in the bank rates at Philadelphia and St. Louis, which were the only regional boards to meet Wednesday In view of the fact that the first step regarding the rediscount changes usually comes from a center other than New York, this situation strengthened the belief that no immediate increase in the local rate was in prospect. Stocks in consequence displayed a strong tone in the early dealings.” The rising movement continued throughout the morning and received further acceleration in the early afternoon as the call money rate dropped to 4% per cent from the renewal rate of 4% per cent. Delaware & Hudson soared 12 points to 189, anew high, while Martin Parry, Standard Milling and National Tea also made records. The latter advanced 24 points to 248. General Motors, General Electric and American Telephone and Telegraph continued to advance, while Radio corporation, after scoring a 13-point advance to 183, sold off to 178. Copper shares were strong. Bethlehem Steel recovered and other independent steels gained ground. To Close Mart Saturday NEW YORK, April 19.—Four million share trading has so congested brokerage offices with clerical work that the stock exchange governing committee today voted to close the c hange on Saturday, April 21, to allow firms to clear up their back work. Offices of members and of the exchange will remain open on that day for transaction of regular office business.

Banks and Exchange

INDIANAPOLIS STATEMENT Indicnapolis bank clearings today were $4,109,000. Debits were $7,145,000. NEW YORK STATEMENT B!i United Press NEW YORK. April 19.—Bank e'earines, $1,405,000,00; clearing house balance $137,000,000. TREASURY STATEMENT E.n United Press WASHINGTON, April 19.—The Treasury net balance lor April 17, was $321,218,791.55. Customs receipts this month to April 17. were 526.344.609.83.

In the Stock Market

ißy Thomson & McKinnon) NEW YORK, April 19.—Opinion is confused as to whether or not an immediate change is to be made in t’j reserve discount rate and as to tl“i possible effect, such action might have on stock valuations. Some do not care one way or the other, nor do they see any danger but for those who realize that price trends eventually follow a course set for them by fundamental factors we mention that time money is more firm at 5 per cent, that bond prices are lower, that brokers loans are at new high record levels and that within the last week the majority of stocks have at some time reached lower price levels. The taking of profits on steadiness or bulges is far more prevalent than for some time and this brings to min’d the fact that the most skeptical traders become very accommodating by selling their holdings whenever the speculating public becomes insistent on buying. Not a bad plan at all, for by so doing their position is sufficiently liquid to repurchase at opportune moments and lower prices. Therefore what is good for these traders is certainly good for the rest of us.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK, April 19.—Producing interests seem to have confidence in the market and are unwilling to sell at present prices believing that the future has more in store for them. Sentiment seems to be favorably affected by the clearing up of distressed sugars and the general opinion seems to be that this week’s prices are the lowest to be seen for some time to come. It should not be long before refiners can increase their prices: hence, a reflection in the raw should be *of favorable character.

Other Livestock

P,y United, Press PITTSBURGH. April 19.—Hogs—Receipts. 400: market, 25c up; 250-350 lbs., $10.2547 10.75; 200-250 lbs., $10.504710.90; 160-200 lbs.. $10,807/10.90; 130-160 lbs., $10,254/ 10.90; 9-130 lbs., $9.904710.25; packing sows. $7,504/8. Cattle—Receipts. 35. Calves —Receipts, 100; market, steady: calves, slow t osteady: beef steers, $11,504/ 13.75; vealers. $13,504/ 15. Sheep—Receipts. 4,000: market, strong: ton fat lambs, $15.50: bulk fat lambs. $13.5041/15.50: bulk cull lambs. $94712; bulk spring lambs, $174/20. Rediscount Rates Discussed By I ailed Press WASHINGTON, April 19.—Secretary Mellon said today that’ at a meeting of the Federal reserve board, which he attended Wednesday, re-discount rates were discussed. Mellon beclined to amplify this statement. Mellon is ex-officio chairman of the reserve board and attended the meeting in the absence of Governor Young who is in Florida.

New York Stocks (By Thomson * McKinnon) - "

—April 19Railroads— Prev. High. Low. 12:00 close. Atchison 192% ... 192% 192% Atl Coast Line..lßl% ... 181 Vi 181% Balt & Ohio ...115% ... 115% 115% Canadian Pac ..211% ... 211>/ 8 210% Chesa & Ohio.. .195'% 195 195% 195 Chi & Alton 7 Chi & N West.. 86% ... 86% 86'% Chi Grt West 12 C R I & P 115 ... 115 11% |Del & Hudson ..185 180% 183% 177 Del & Lacka 142 Erie 56 Erie Ist pfd 56 5 /a Grt Nor pfd ' ... 100% 111 Central 139% ... 139% 139% Lehigh Valley ..100 ... 100 99 Kan City South. 56% ... 56% 57 Lou & Nash ... 1 151 M K & T 37 ... 37 37 Mo Pac pfd 112 N Y Central ...178 177 178 176% N Y C & St L. .135% ... 135% 136 N Y N H & HN4 62% ... 62% 62% Nor Pacific ... ... 98% Norfolk & West .188 187 188 187 Pere Marquette .140% 139% 140% 138% Pennsylvania .. 68% 68% 68% 68% P & W Va 144 ... 144 144% Reading 109'% 109 109'% 109% Southern Ry ...148 ... 148 147% Southern Pac ..121% ... 121% 121 ' St Paul 37% 36% 37 36% St Paul pfd 47% 47'% 47% 46% St L& S W 83% 82% 83 83% St L & S P 117'% Texas & Pac 133 Union Pacific .. 195 ... 195 195% West Maryland. 47% ... 47% 47% Wabash .... 78 77% 78 70 Wabash pfd ... 99 ... 99 99 Rubbers— Ajax 11 ... 11 10% Fisk 15% .. 15% 15% Goodrich 88 86% 88 86 % Goodyear 54% 54'A 54'% 53% Kelly-Spgfld ... 22'% 22 22% 22% Lee 19 ... 18% 18% United States .. 46% 45% 45% 45% Equipments— Am Car & Fdy 105% Am Locomotitve. .. 107% Am Steel Fd... 63% 63 63% 63 Baldwin Loco .... ... .. 271% General Elec ...169'% 168'/4 169% 166% Gen Ry Signal.. 89% 89% 89% 89% Lima Loco 59% ... 59% 58% N Y Air Brake. 44% 44 44% 44 Pressed Stl Car 25% Pullman 87% 87 86 Westlngh Air B 50% 50% 50% 50% Westingh Elec ..104% 104 104% 103% Steels— Bethlehem 63% 62% 63 62% Colorado Fuel .. 75% 75% 75% 75 Crucible 88 '4 88 88% 87 Gulf States Stl. 62% 62% 62% Inland Steel .... 54% 54% 54% 53% Phil R U & 1... 30% Rep Iron & Stl. 61% 61% 61% Sloss-Shefl 125 U S Steel 148% 147 148% 147 Alloy 32% 32% 32% Youngstwn Stl .. 89% 89% 89% 89% Vanadium Corp. 83% 82% 83 83% ] Motors— Am Bosch Mag 25' < I Chrysler Corp.. 72% 71% 72% 71% Conti Motors ... 12% 12 12 Dodge Bros 20% 20% 20% 20% Gabriel Snbbrs 18% General M0t0r5.193% 192% 193 192% Hudson 90% 90 90% Hupp 52 51% 52 51% Jordan 12% 12% 12% Meek Trucks .. 86% 85% 80% 85'-Martin-Parry .. 17% 15% It .... Moon 9% 9% 9% 9% Motor Wheel ... 36% 35% 36% 3594 Nash 89% 89% 89% 89% Packard 6898 63 68% 68% Peerless 25% .... 25% .. . Paige 34% 33% 34 33% Studebaker Cor. 65% .... 65% 65% Stew Warner ... 92% 91 92 92V< Stromberg Cart 58% Timken Bear ...129% 129 129% 128% Willys-Ovcrland. 25% 25 25% 25 Yellow Coach ... 35% 34% 35% 34% White Motor ... 34% .... 34 34% Mining— Am Smlt & Rfg. 190% 188 189% 187 Anaconda Cop... 67 66% 67 66'% Calumet & Arlz.lol 100 101 100 Cerro de Pasco. 69% 67% 69 68 Chile Copper .... 41% .... 41 40% Greene Can Cop 125% 124% 125 122% Inspiration Cop. 21% 21% 21% 21% Int Nickel 89% 88% 89 88‘ • Kennecott Cop.. 86 8514 86 84% Magma Cop 49 .... 49 48% Miami Copper .. 19% 19% 19 Texas Gulf Sul. 75% .... 75% 75 U S Smelt 42 .... 42 41 5 /s Oils— Atlantic Rfg ...125% .... 125% 125 Cal Petrol 30 .... 30 30% Freeport-Texas.. 81%! 81% 81% Houston Oil 154% 154% 157% 154% Indp • Oil & Gas 29% 29'% 29% 29 Marland Oil ... 43 ... 42% 42% Mid-Cont Petrol 30% 30% 30% 30% Lago Oil & Tr 34 ... 33% 34'% Pan-Am Pet 8.. 49% 49% 49% 49 Phillips Petrol 42% ... 42% 42% Pro & Rfgrs ... ... 23% Union of Cal .. 55 54% 55 55 Pure Oil 25 ... 24’% 24% Royal Dutch ... 47% 47% 47'% 46’ • Shell j 28 ... 28 27% Simms Petrol .. 23% ... 23% 23% Sinclair Oil .... 27% 27% 27% 27% Skelly Oil 32 ... 31% 32 Std Oil Cal 60 Std Oil N J 43% 43% 43% 43% Std Oil N Y 32% ... 32'i 32% Texas Corp .... 60 59% 59% 59% Transcontl .... 9 ... 9 8% Industrials— Adv Rumely 20% ... 20% 21% Allis Chalmers. . .127 125 127 125 Allied Chemical .164% 164 164% 160% Armour A 15% 15% 15% 15% Amer Can 84% 84 84% 84 Am Hide Lea.. .. ... ... 12% Am H L pfd 52 A mLinseed .... 96% ... 96 95% Am Safety Raz.. .. ... ... 62% Am Ice 37% 37% 37% 37 Am Wool 23% ... 23% 22% Curtis 79% ... 79% 79% Coca Cola IG2 ... 162 162% Conti Can 112% 111% 112% 112 Cetraihteed 61% Congoleunr .... 30 29% 30 29 Davison Chem .. 44 ... 44 44 Dupont 380 Famous Players .129% 128% 129 129 Gen Asphalt.... 89% 89 89% 88% Int Bus Mch.... .. ... ... 127 Int Cm Engr... 49% ... 49% 49% Int Paper 79% 79 79% 78% Int Harvester .... ... ... 296 Lambert 116% 115% 116% 113% Loews 72% 72% 72'% 73 Kelvinator .... 21 20% 21 20% Montgom Ward .140 7 / g 140% 140% 141 Nall C R 58% 57% 58 57% Pittsburgh Coal 46 Owens Bottle ... ... 94% Radio Corp 184 170 174% 169 Real Silk 27'% Rem Rand 27% ... 27% 27% Sears Roebuck ..101 100% 101 100% Union Carbide .157%i 155% 157% 155% Univ Pipe 26% 26 26'% 26% U S Cs Ir Pipe. 267 ... 265 265 U S Leather. .. 33% ... 33% 33% U S Indus Alco 115'%' ... 115% 115% Wright 130% 129 130 128% Woolworth Cos ..188 ... 188 187% Utilities— Am Tel & Tel.. 137% 186% 187% 185'% Am Express ...181’% ... 181% 181 Am Wat Wks 63% 62% 63 62% Brklyn-Mank T. 74% 73'% 74% 72% Col G <& E 104% 103% 104% 103% Consol Gas 155% ... 155 154 Elec Pow & Lt.. 42 ... 42 42% Interboro 1 56% 55% 56% 55'% Nor Am Cos 67% ... 67% 67% Montana 165% 165% 165% 165'% Peoples Gas ....175 ... 175 175% So Calif 47 46% 46'% 46 Std Gas & El.. 69% 68% 69 66% Utilities Power. . 33% 33 33% 33 West Union Tel 167 ... 167 166 Shinning— Am Inti Corp... 93% 92% 93% 92% Am Ship * Com 4% 4% 4'% 4% At' Gulf & W I 43 42 43 41 Inti Mer M pfd. 39% ... 39% 39% United Fruit ..141% 140% 142 140% Foods— Am Sug Rfg.... 71% 71 71% 70% Am Beet Sugar. .. ... ... 16 Austin Nichols 5% Beechnut Pkg... 79 78% 79 78 California Pkg.. 75% ... 75% 76% Corn Products.. .. ... ... 80 Cuba Cane Su p 26 Cuban Am Sug.. 20% ... 20% 20% Fleischmann Cos. 75% 75 75% 74% Jewel Tea S'/* Jones Bros Tea 35 32% 33% 32 % Natl Biscuit ..168 ... 168 169% Nat Dairy 79% 79% 79% 79% Postum Cos 122% ... 122% 123 Ward Baking B 23'% Tobaccos— Am Sumatra ... 56% ... 56% 56 Amer Tobacco .170 ... 170 169 Am Tob B 168% ... 168% 1681% Con Cigars 93% 92% 93% 93% General Cigar ..70 ... 69% 70% Lig & Myers ..117% ... 117% 117 Lorillard 46% 45% 46% 45% R J Reynolds ..141% ... 141% 141% Tob Products B 116% 115% 116 114% United Cigar St. 30% ... 30% 30'% Schulte Ret Strs 65% 64 Va 65 64'% American Tobacco Profits Increase By Times Special NEW YORK, April 19.—The annual report of the American Tobacco Company, 1927, shows a net profit of $23,309,689.16 or an increase of $760,594.93. The total earnings on the common stock (SSO par value) were, in 1927, $10.29 per share as against $9.90 in 1926, thus carrying, after the payment of $8 per share of dividends, $4,472,964.87 as an addition to surplus. The surplus at the end of 1926 was $34,948,276.40, and this addition brings it up to $39,421,241.27 at the end of 1927. .Sheffield Steel Declares Dividend KANSAS CITY, April 19.—Directors of the Sheffield Steel Corporation today declared a stock dividend of 33 1-3 per cent on the, common stock, payable July 1 to stock of record June 15.

HOGS SELL AT $10,25 TOP TO SHIPPERS HERE # Porkers Continue Week’s Advance, Rising 25 Cents Today. April Bulk Top Receipts 12. 8.1543 9.15 9.15 4,500 13. 8.15# 9.40 9.40 6,000 14. 8.50# 9.50 9.50 2.500 16. 8.75# 9 75 9.75 4,500 17. 9.00 4710.00 10.00 6.000 18. 9.00# 10.10 10.10 6.500 19. 9.10# 10.25 10.25 5.500 Early sales to shippers were around 25 cents higher at the Union Stockyards today with a top price of $10.25. Animals weighing 170 to 300 pounds brought $10.15 and higher, and material in the 300-350 pound class was listed at $9.90® 10. Receipts were estimated at 5,000, and there were 545 holdovers. Calves were 50 cents higher and other divisions were governed by steady tones. Hogs were fairly active to traders and shippers at Chicago today with 27,000 in the pens. Material weighing 190 to 240 pounds brought $9.90 to $lO, and strictly choice animals were held for higher prices. Holdovers numbered 5,000. Upturn Started Week Ago From a top of $9 Wednesday, April 11, hogs have advanced $1.25 and today are selling at a top of $10.25 in three classes. Animals weighing 250-350 pounds brought $9.90® 10.25; 200-250 pounds, $10.15 up, and 160-200 pounds, $lO up. Light lights, 130-160 pounds, brought $9.10-9.90, up 10 to 15 cents, and pigs went 5 to 10 cents higher at $7.85# 8.90, Packing sows sold 25 cents higher on the top at $7.50 ®8.75. Cattle were little changed, with 550 head received. Beef steers were slightly higher at $1.50® 13.50 and cows sold at sß® 10.50, unchanged. Low cutter and cutter cows were $5.50®7 and bulk stock and feeder steers, $7.50# 9.50.

Calves Gain 50 Cents Best vealers sold 50 cents higher again today at sl4® 15 and heavy calves were unchanged at $6.50# 10. There were 800 animals received. The sheep and lamb market was unchanged, with 100 as the supply figure. The top was sl7 and bulk fat lambs were sl4® 15.50. Bulk culls Drought $7.50® 11.50 and bulk fat ewes $6.50# 9.50. —Hoffs— Receipts. 5,500; market, higher. 250-350 lbs $ 9.9041 10.25 200-250 lbs 10.15 ft/ 10.25 160-200 lbs 10.00# 10 25 130-160 lbs 9.10 ft/ 9.90 90-130 lbs 7 85'// 8.90 Packing sows 7.50# 8.75 -CattleReceipts. 550; market, steadv. Beef steers $11.504713 50 Beef cows B.oo# 10.50 Low cutters and cutter cows.. 5 50ft/ 7.00 Bulk stock and feeder steers.. 7.50# 9.50 —Calves— Receipts. 800; market, higher Best vealers sl4 004/ 15.00 Heavy calves 6.50# 10.00 —Sheep and I.ambs— Receipts, 100; market, steady. Top fat lambs $17.00 Bulk fat lambs 14.004115.50 Bulk cull lambs 7.504/ 11.50 Pat ewes 6.50# 9.50 Other Livestock By United Pri ss CHICAGO. April 19.—Hogs—Receipts, 27.000; market active and uneven, mostly 254/.35c higher; practical top, $10.15. paid lor choice 200-220-lb. weights; short load at $10.25; butchers, medium to choice 250350 lbs.. $3,404/ 10; 200-250 lbs.. $9.70'// 10.15; 160-200 lbs., sß.soft/10.15; 130-160 lbs., $8.50# 10; packln sows. $8,254/9; pigs, medium to choice. 90-130 lbs., $7,254/ 9.10. Cattle —Receipts, 7,060; calves. 6,000; market. steer trade strong to a shade higher; yearlings and medium-weights In best demand, yearlings very slow, steers and feders scarce, firm; best fed steers. $14.25; sltughter classes, steers, good and choice. 1.300-1.500 lbs. $12.75'//14.60; 1,100-1.500 lbs.. $124/ 13.50; 950-1.100 lbs.. $12.75ft/ 14.75; common and medium, 850 ibs. up. s9#l3; fed yearlings, good and choice. 750950 lbs., 512.25ft/14.50; heifers, good and choice. 850 lbs. down. sl2# 15.75; common and medium. $8.50# 12; cows, good and choice. $8,754/ 11.25; common and medium. $7.75ft/8.75; low cutter and cutter cows. $64/7.75; bulls, good and choice beef. $94/ 10.50; cutter to medium. $7.50#9.10; vealers, milk fed. good and choice. $10,504/ 14.50; medium. slo# 16.50; cull and common. $8W10; Stocker and feeder steers, good and choice, all weights. $11.504712.75; common and medium. $8.50# 11.25. Sheep —Receipts. 8.000: market, fat lambs active, 154/25c higher; sheep and leeding and shearing lambs in light supply, firm; lambs, good and choice 92-lb. down, $16.65 4/11; medium. sl6# 17; cull and common. $13,754/ 15.75: medium and choice, 92- 100 lbs., $15.25#17.65; ewes, medium to choice, 150 lbs. down. $9©11.40; cull and common, $3,754/ 9.75: feeder lambs, good and choice. $15.25# 16.75.

Bii United Press LOUISVIMLE. April 19.—Hogs—Receipts, 800; market 20c higher; heavies and mediums, 175 lbs. up. *9.354/10.10; lights and pigs. 175 lbs. down. *6.65479.05; throwouts and stags, $7.10477.70. Catt/e—Receipts, 100: market steady; prime heavy steers. $12,504/13.50; heavy shipping steers, sll4// 12.50; medium and plain steis. $9,504/ 11; fat heifers. $8.306713; good to choice cows. $8.504}/10.50; medium to good cows, $747 8.50; cutters. *[email protected]; canners. ss4i 5.25: bulls. $6479; feeders, $8,504/ 11.50; stockers, $7.504711.50. Calves—Receipts, 200; market 50c higher; good to choice, $10.50® 12.50: medium to good. $8,504/) 10.50: outs. $8.50 down. Sheep—Receipts, 50: market steady; top wool lambs. $14.50 ©ls; seconds. $84711; sheep. $5.50477; soring lambs. $lB. Wednesday’s shipments; Cattle, 75; calves. 237; hogs, 179; sheep, none. P.n United Press FT. WAYNE, April 19.—Hogs—Receipts, 350; market steady to 25c higher; 90-110 lbs.. $7.75: HO-130 lbs., $8.25; 130-140 lbs, $8.65; 140-150 lbs.. $8.90; 150-160 lbs., $9.25: 160-170 lbs., $9.65: 170-200 lbs.. $9.85-200-225 lbs.. $10; 225-275 lbs.. $9.80; 275350 lbs., $9.60: roughs. 74/7.75; stags. $5.50. Calves—Receipts, 50; market, $13.50 down. Sheep—Receipts, 25; market, lambs sls down. By United Press TOLEDO. April 19—Hogs—Receipts, 1.000; market. 104/15C up; heavies. $9,254/ 9.75: mediums. $8.85©10.25; yorkers. $9.35 4/10.25: good pigs, s7@B. Cattle—Receipts, light: market slow. Calves—Receipts, light: market slow, and 50c off. Sheep and lambs—Receipts, light: market, slow. By United Press CLEVELAND, April 19.—Hogs—Receipts, 1.200; market. 204/25c up; 250-350 lbs., $9,754/ 10.50; 200-250 lbs., $10,504/10.60; 160200 lbs.. $10.504710.60: 130-160 lbs.. $8.50® 10.50: 90-130 lbs., $8,254/8.50: packing sows. $72504/7.55. Cattle—Receipts. 100. Calves —Receipts, 250; market, steady; beef steers. $11,504/ 12; beef cows. $74/8.50; low cutter and cutter cows. $5.50®6.50: vealers. sl2 4713. Sheep—Receipts, 1.500; market, steady; top fat lambs, $15.50; bulk fat lambs. $154/15.50: bulk cull lambs, $10.50 4/12.50; bulk fat ewes. $64/8. By United Press EAST BUFFALO. April 19.—Hogs—Receipts, 600: holdovers, 872; market. 254/ 35c up: 250-350 lbs.. $9 75®10.50; 200-250 lbs.. $10.35#10.75; 160-200 lbs.. $10,254/ 10.75; 130-160 lbs.. *8.754/ 10.50; 90-130 lbs., s7.Bsft/9: packing sows, $7,854/8.25. Cattle —Receipts. 75. Calves—Receipts. 400; market. steadv; calves, slow 50c lower; vealers. $144/14.50. Sheep—Receipts. 1,000; market, ouotablv steady; bulk fat lambs, $17,504/ 17.75; bulk cull lambs, sls# 16; bulk fat ewes, $9#10.50. Bu United Press CINCINNATI. April 19.—Hogs—Receipts. 2,700; holdovers, 722; market, mostly 15 to 25c up; pigs 50c up; 250-350 lbs.. $9.75 4/10.55; 200-250 lbs.. *10.154/ 10.25; 160-200 lbs., *8.754/10.25; 130-160 lbs., s9@lo; 90130 lbs., [email protected]; packing sows, $7.5047 8.25. Cattle—Receipts. 800. Calves—Receipts. 900; market, steadv; beef steers. sll4/13.50; light yearling steers and heifers, *ll6/12.75; beef cows, SB4/10; low cutter and cutter cows. [email protected]: vealers. *9 504/14.50; heavy calvers, $96/12; bulk stock and feeder steers. slo®ll. Sheep —Receipts, 250; spring lambs, steady to $1 down: sheep $i to $1.50 up: top fat lambs, *14.65; bulk fat lambs. $124/14.50; bulk cull lambs. sß i 10: bulk fat ewc, $7 ©8.50; bulk spring lambs, $17@20; bulk cull spring lambs, $15#17.

THE INDIANAPOLIS TIMES

Produce Markets

Butter (wholesale price)—No. 1, 47® 49c; No. 2, 454/,46c lb. Butterfat (buying price)—4s@46c lb. Cheese (wholesale selling prices, per pound—American loaf, 32#35c: pimento loaf, 34#37c; brick loaf, 32#35c; Swiss, 39#42c: Wisconsin fat, 274$ 39c; print cream. 254/27c: flat display. 264727 c: Longhorn, 26%<&27c; New York limberger. 30% ®32c. Eggs—Buying prices: Fresh, delivered at Indianapolis, loss off. 244/ 25c doz. Poultry (buying price) Hens, 22@23c: Leghorn hens. 164718 c; 1923 spring: l*/< to 1% lbs., 35c; 2 lbs. and up. 384740 c; Leghorns. 30; old roosters, 10@12c; ducks. 15@16c: geese. 10@12c: gilineas. old. 33® 35c; young, 50c. By United Press ■ NEW YORK. April 19.—Flour—Dull but firm. Pork—Dull; mess. $31.50. Lard Easier: midwest spot, $11.754711.85. Sugar —Raw. quiet: spot 96 test, delivered duty paid, 4.36674.46; refined, dull; granulated. 5.8541:6c. Coffee—No. 7 Rio. on spot, 15%c; Santos No. 4. 22%@22%c. TallowQuiet; special tb extra. 8%4/B'%c. HayDull and easy; No. 1. $1,154/1.20: No. 3, 75#85c: clover. 70c4/$1.05. Dressed poultry—Steady; turkeys. 30#>46c; chickens. 24 4145 c; broilers, 40#43c: capons, 366753 c; fowls. 164/33c: ducks. 154119 c ducks. Long Island. 194122 c. Live poultry—Firm; geese, 10ft/12c; ducks, 154/ 24%; turkeys, 35ft/ 45c; roosters, 16c: chickens. 224723 c: capons. 284/ 50c; broilers. 35ft/52c. Cheese-Quiet; state whole milk, fancy to special. 28# 30c: young Americas, 30ft/31c. Potatoes— Long Island. $2,254/5.65; Jersey, basket. $1.25411.50: southern. $54/12; state, $3.50 ft/ 375; Maine. $3,254/ 4.75; Bermuda. $6 50 ft/ 12.50; Pennsylvania. $3.60413 85. Sweet potatoes—Jersey, basket, 40c4/$2.75. Butter —Firm; receipts. 7.200: creamery extras. 45%c: special market. 46’,/46%c. Egss Firm; receipts, 46.296; nearby white fancy. 344/35c; nearby state whites. 2R#33c; fresh firsts. 284/29c; Pacific coast. 294133 c: western whites, 29® 32c; nearby browns. 294135 c. 751/ United Press CLEVELAND. April 19.—Butter—Extras, in tub lots. 474/49c; firsts. 43% 4/45%c; seconds. 30%6,41%c: packing stock, 30# 38c. Eggs—Extras. 32c; extra firsts. 30c; firsts, 27% 4128 c; ordinary. 27c. Poultry— Heavy broilers, 474/50c; leghorns. 374140 c; heavy fowls. 204/30c: medium stock, 2041 30c; Leghorns. 22"/25c: old roosters. 17# 18c. Potatoes —150-lb. sacks, round whites. Minnesota. Wisconsin and Michigan, $3.50 #3.65; 120-lb sacks, Idaho russet Burbanks. $3.35; Ohio, bushel sacks. $1,504/ 1.75; Florida hastings. $12,504/ 12 75 per barrel. No. 2. $10.50.

Local Wagon Wheat

Locate grain elevators are paving SIBO No. 2 red wheat. Other grades are purchased on their merits.

THE CITY IN BRIEF

Victor Higgins, Hoosier artist whose exhibit of New Mexico painting will open at the John Herron Art Institute Saturday, will be a guest of the Indiana Artists’ Club at a reception at the art institute at 8 this evening. Higgins will talk about his pictures. Fred E. Winsor, St. Louis, Mo., talked on "Outdoor Advertising and Its Relation to Business Interests,” at the Advertising Club luncheon at the Spink-Arms today. Dr. Gus W. Dyer, editor of the Southern Agriculturist, and former professor of economic sociology at Vanderbilt University, will speak at the dinner of the Indianapolis Association of Credit Men at the Elks Club tonight. Dr. Dyer's subject will be “Economic Fallacies.” Ways of increasing efficiency among accountants were discussed by F. L. Sweeter, director of the National Association of Cost Accountants before 100 members of the Indianapolis chapter Wednesday evening at the Chamber of Commerce. W’alter B. Harding will speak at the next Bible Investigation Club meeting Wednesday at the Y. M. C. A. The Rev. Linn Tripp, director of social service of the Church Federation of Indianapolis, spoke last night at the first meeting of the twenty-third annual spring series of the club. Floyd R. Mannon, attorney, was chosen chairman of a speakers’ bureau for the Becker-for-Congress campaign at an organization meeting Wednesday night. Petition for increased rates was filed with the public sendee commission today by the Fayette Telephone Company, Connersville. Present rates, put into effect in June, 1922, are insufficient to pay operating expenses, the company said. Robert L. Williams! Anderson merchant, today filed a voluntary bankruptcy petition in Federal Court, listing liabilities of $15,863 and assets of sßll.

A complaint asking that the Public Service Commission of Indiana be enjoined from enforcing orders issued Nov. 26, 1927, and Jan. 20, 1928, refusing rate increases, was filed today in Federal Court by the Royal Centre Telephone Company of Royal Centre, Cass County. Burglars entered the Virginia Sweet Grille, 35 E. Maryland St„ during the night through a side window and forced open an empty cash register. A radio set will be given to the Masonic Home at Franklin by the ladies’ auxiliary, Sahara Grotto, it was announced at the meeting, Wednesday night. The B. and B. Transit Company, operating a bus line from Detroit to Cincinnati, today filed a petition with the Public Service Commission to operate a line from Cincinnati to Louisville, through Indiana. H. A. Mann, Greensburg, asked a certificate to operate a line from Greensburg to Anderson. Births Twins Charles and lioraine McGarvey, St. Vincent’s Hospital, girls., Girls Russell and Montrean Hatt, Methodist Hospital. Oscar and Martha Poole, Methodist Hospital. 'Roger and Cuba Boaram, Methodist Hospital. Russell and Clara Ashinger, 1829 Nowland. V/. G. and Hazel Stark, St. Vinvent’s Hospital. Edward and Marguerite Wiest, St. Vinvent’s Hospital. Fred and Jeannette Latham. Christian Hosopital. Boys Joseph :tnd Jessie Cummins, Methodist Hospital. Victor and Rose Goldberg. Methodist Hospital. Alfred and Amelia Backemeyer, Christian Hospital. • Theodore and Christine Adams, St. Vincent’s Hospital. , 1 John and Edna Sample, St. Vincent’s Hospital. William and Ethel Swinford, 1415 E. Nineteenth. Paul and Amelia Bernitt, 2260 N. Rural. John and Mamie Glodson, 241 Beauty. AJbert and Ella Ward, Christian Hospital. Karle and Elsie Boyer, Christian Hospital. Deaths Frances Fork, 50. city hospital, chronic myocarditis. Anna Scott Knodle. 57. 1942 N. Talbott, toxic thyroid. William Ewing, 67. city hospital, chronic myocarditis. David F. Watson. 70, 1401 Hovt, lobar pneumonia. Alpha Smock, 50, Long Hospital, artic insufficiency.

WHEAT RUSHES SKYWARD WITH NEWS Major Grain Bulges More Than 2 Cents in Pit Opening Today. By United Press CHICAGO, April 19.—The frenzied scenes of another “bull” market were enacted at the opening on the Chicago Board of Trade today as wheat futures shot to new high crop levels in all deliveries. Unfavorable southwestern wheat condtions and a sharply higher Liverpool market furnished impetus for today’s advance. September wheat led the rise, opening at $1.55%, up 2% cents By I nited Press CHICAGO, April 19.—A1l grain futures skyrocketed again at today’s opening on the Board of Trade. The opening was a scramble of buying with trade unusually broad. Wheat led the bulge, all deliveries shooting to new high levels. Opening figures were: Wheat 1% to 2% cents higher; com, 114 to 1% cents up, and oats, % cents higher. Provisions opened sharply higher. Wheat advanced mainly on Liverpool cable reports of a very sharp advance there and gains twice as large as domestic traders had expected. Continued danger of drought in southwest winter wheat areas, aided the bulge. July wheat opened at $1.59. the highest prices for the grain in many months. Corn's opening strength was largely reflected from wheat, but cold and unfavorable belt weather aided the upturn. July and September deliveries made new high figures. Bullish crop and supply conditions boosted oats and reflected strength from wheat and com helped. May and July oats attached new high levels. Chicago Grain Table —April 19WHEAT— Prev. Hiffh. low. 12:00 close. May 1.59% 1.57% 157% 1.56% Julv . 159% 1.57% 158 1 57'September... 1.56 1.53% 154% 153% CORN— Mav 1 05% 1.05 1.05% 1.04% July 1.09% 1.08% 109% 1.08% Sentember... 1.10 1 03% 1 09'• 108% OATS - May 64% .63% 64 .63 Julv. now . .57% .56% .56% .55% Sept., new.. 49% . 49% .48% RYE— Mav 1.33% 1.30% 1.31% 1.31% July 1.28 1.26 1 26 1 28% September... 1.21 1.18% 119 1.19% LARD— Mav 11.92 11.70 11 90 11.67 Julv 12 20 12.02 12.17 11.97 September.. 12.50 12.30 12.50 12 27 RIBS— Mav 11.55 11.55 11.37 July 1192 1190 11.75 By Tim s special CHICAGO. April 19 —Ca riots: Wheat. 16, corn. 146; oats. 48; rye, 3

Commission Row

PRICE TO RETAILERS FRUITS Apples—Fancy barrel apples, seasonable varieties. s7#9: fancy basket apples, seasonable varieties. $2,754/3.25 40 lbs.; choice box apples, seasonable varieties. $3.50 -/ 5. Grapefruit—Florida, $3.50®6.75 crate. Grapes—California whites. $7 50 keg. Lemons—California. $5.50 / 6.25. Limes—Jamaica. $3 per 100. Oranges—California navels. $6.50417.5C crate; Florida. $3,254/ 7 50. Pears—Washington D’Anious $3 75 half box: Washington Sickle. $3.50 half box. Pineapples—Cuban. $9 crate. Strawberries—Alabama. $6 50ft/7. 24-quart case; Louisiana. $4.50#4.75. 24-pint crate. VEGETABLES Artichokes—California. $1.50 dozen. Asparagus—California. s6ft/7, crate. Beans Southern. $4 50 - 5 hamper: Texas stringiesa. ss# 5.50 hamper. Beets—Texas. $3 bushel: home grown. $1.75. Broccoli—Texas. $3.50 barrel. Brussels Sprouts- 35ft/40c lb. Cabbage—Texas. 7c lb. Carrots—California. $4 flve-doz. crate: home-grown. $1: Louisiana. $1.75 hu. Cauliflower—California, $2.75@3; Oregon. $2.50 crate. Celery—Florida, $3,754/4 crate: California. $3.75 crate. Celery Cabbage—s 2 25#2.50. Cucumbers—lndiana hothouse. $2.50 for box of 1 doz. Eggplant—ll. G. $1.50 doz. Endive —$1.50 doz. bunches. Kale—s3 barrel. Leek—7sc bunch. Lettuce-Arizona, head. $447 4.50 per crate; hothouse. leaf. $1.50, 15 lbs. Mushrooms —51.75. 3 lbs. Mustard—Southern. $2 bu. Onions—Home grown, green. 50c doz. Ovsterolant—4sc doz. bunches. Parsley—6oc doz. bunches: Southern. 65c bunch. Parsnips—Home grown. *1,25 bu. Peas California telephone, s6® 6.50 hamper. Peppers—Florida mangoes. $4,504/5 crate. Potatoes —Michigan white. $3.75 150 lbs.: Minnesota Red River Ghios. $3 35. 120 lbs.; Idaho, $3, 110 lbs.; Texas, new, $6 cwt. Radishes—Hothouse. button. 90c ® $ 1 Southern long red. 25c. Rutabagas—Canadian. $2.50 per cwt. Rhubarb—Home grown. 50c doz. Shallots—6oc doz. bunches. Spinach—Texas. $1.506*1.65 bu. Sweet Potatoes—lndiana Jersev mediums. $2.75 bu.: Indiana Jersey, $3.50 bu.; Nancy Hall. $2472.25 hamper. Tomatoes —s6.so# 7.50. repacked 6-basket crate; originals. $3.75'//4.75. 30 lbs. MISCELLANEOUS Cider—*4.so 6-gal. case: *4.75 doz. halfgal. Jars. Garlic—22c per lb. Sassafras —254730 c doz. bunches. SEED STOCK Onions—White sets, *7.50, 2 bu.; red. $6.50. 2 bu.; yellow. $5.50, 2 bu.; Bermuda plants, white. $3.25 per crate of 6.000; yellow. $3. crate of 6.000. Potatoes—Main coblers. $5.50 150 lbs.; Minnesota Triumphs, $3.75. 150 lbs.; Red River Ohios. $3.50. 150 lbs.; Minnesota Cobblers, $4.25, 150 lbs.; Certified Red River Ohios. $3.75. 120 lbs. 120 lbs. Sweet Potatoes—Selected Indiana Jersceys, $2.75 bu.; Nancy Hall, $2.25 bu. Pu United Press CHICAGO. April 19.—Green fruits; Apples, $84711 per barrel; strawberries. $447 4.25 per 24 pt.;. Building Permits Rex Dawson, addition. 4735 Central. S2OO. First Reformed Church, addition. Tenth and Gray. *40.000. Elizabeth Alvers, reroof. 1510 Hovt. S3OO. S. J. Hatfield, boiler. 2331 Station. SBOO. A Solomon, alterations, 3814 Ruckle. S3OO. Martha A. Van Wie, dwelling, 4647-49 Hinesley, $7,500. S. H. Glendenin, dwelling and garage, 1102 N. Bancroft. $5,700. E. Robertson, reroof. 3318 Kenwood. *725. E. A. Ford, reroof. 649 N. Hamilton, *230. George P. Miller, repair, 846 N. Parker. S2OO. M. E. Irvin, dwelling and garage. 3307 N. Sherman Drive. $3,000. Oliver Shake, reroof. 115 Kansas. $271. John Wouldridge. reroof, 3025 Martindale. $260. John M. Porter, reroof, 2968 Arsenal. *3OO. M. S. Goulding. reroof. 3314 Graceland. $212. Robert C. Wendt, reroof. 1226 N. Oakland.s292. F. C. O’Rourke, reroof, 628 N. Dearboard. $262. Bertha Bretzman. reroof. 1226 N. Pennsylvania. $407. John W. South, reroof. 2221 N. Illinois, $261. W. C. Gardner, reroof. 1931 Highland Place, $285. Albert Elliott, barn, 2538 N. Kentucky, SBOO. Marriage Licenses Edwin Haymond Andrews, 29, Memphis. Tenn.. physician, and Ellen Collins. 23, of 3959 N. Capitol Ave. John L. Nobleth, 47, of 3165 N. Illinois St., salesman, and Esco Jacqueline Elshoff, 25, of 2841 N. Delaware St., nurse. John Green, 36. of 822 W. North St., cook, and Ethel Taylor, 20, same address. James Edgar White, 20, of 1419 Laurel I St., battery repairman, and Hazel Green, 1 21. Hobart Ave. Harry Grant Tharp. 35, Plainfield, funeral director, and Bessie Evans Dutton. 35, Meridian Apts., sales lady.

‘Even 9 Is Right By Times Special RICHMOND, Ind., April 19. —When Mrs. Minnie Stover obtained a divorce from John Stover, he said to her father, Otto Beyer, “I’ll get you.” Stover told police Beyer had thirty-four bottles of home brew in a suit case. Stover told the truth. Father-in-law was fined SIOO and costs and drew a ninety-day penal farm sentence which was suspended.

THIEVES TAKE LOOT IN 5 CITY GARAGES Tires and Tubes Valued at $375 and Automobile Stolen. Thieves broke into five garages Wednesday night, stealing tires and tubes valued at $375, and an automobile valued at $2,000. Police believe they stole the auto to cart away their loot. The Elcar sedan of Arthur C. Erber, 4721 Park Ave., and two tires and wheels and two batteries from two trucks were stolen from Eber’s garage. Three new tires, valued at $42, which John B. Ganfola had planned to put on his machine today, were stolen from his garage at 2253 Martindale. Harry J. Reille, 2206 Coyner Ave., lost three tires, valued at $l5O, and Clyde Brown, 522 W. New York St., a tire tube and rim, value $35. A motorcycle engine and tire, value $27, was taken from the garage of Larry Hannon, 2251 Brookside Pkwy. AMUSEMENTS

ENGLISH’S sbr MATINEE SATURDAY XileN—soc to $2.75. Slit. Mat.—soc to *2.20.

ALL NEXT WEEK. MATS. WED.-SAT. SIXTH EDITION AMEPJOS CKEMBTFIVUi Mm Y \ fijkM o ’* important aggregation at * y \ mstHlar Comedian* and Famous 'JT X f££h Beauties ever assraiblcd. MORAN & MACK/ziCTWO BUCK CROWS JUUUS TANNEN JOHNtjy DOOLEY NORMAN RE SCOTT OD.W’(OO-60VANIT1FS PfWT)ES-24RETfS81!B CSST 'OiSaitMl COfROU Vit/OBt Nitr/s, *l.lO to *l. Ill" IVed! M.it.. | *l.lO to $3.30; Sat. Mat., *l.lO to I *3.85, Scuta Today I

INDIANAPOLIS 4 TUESDAY MAY g

CIRCUS AMERICAS GREATEST SHOW AUGMENTED MENAGERIE' ) _ 6 _ - ” ;lr FAMOUS HANNEFORD OF RIDERS 1051 .WONDERS a* p THRILLS

WH AI ~~ NOW! Indianapolis’ Only Vaudeville Theatre A BIG GALA BILL Ilpudetl l>y GENE GREEN America’s Greatest Syneopator of Soiirh 6 Other Dig New Acts and Pictures Daily organ recital by Ruth Noller at 12:10. Doors open 12:30. VaadpvlUc at 2:00 4:20. 7:00. 9:20

MUTUAL—BURLESQUE THEATRE RED-HEADED BLONDES With Carrie Einnel The Girl With the *1.10,000 Begs

MOTION PICTURES INDIANAPOLIS! You’ve Got a Thrill Coming To You ! The New MOVIETONE and the Marvelous TALKING PICTURE TENDERLOIN Bringing to Your Eye and Ear DOLORES COSTELLO and CONRAD NAGEL It Will Be the Talk of INDIANAPOLIS ANUO NEXT SATURDAY

Csl* •- ‘13331

S More Days! CLARA BOW In “THE PLASTIC AGE’* “THE GREAT MAIL, ROBBERY” Great Thrill Drama! Suturday—AGAlN S Big Features with Jack Holt-Shlrley Mason

PAROLES ARE GRANTED Jackson Gives Farm Inmates Two Week Vacations. Governor Jackson granted two temporary paroles to men serving liquor sentences at the State Farm today. Malcolm Howard, sentenced to ninety days and fined SIOO, from Decatur County, was paroled for

TOEATREStfI STARTS SATURDAY! £ py —Woman, the lover, temptrs;s, the pas- A ‘ijSSSSb. kS sion flower—all portrayed by alluring— m r I GRETA tor/ iGARBU^h#! 1 MSI # \nw2A % H st'V, ifth -v\ \\v, 5 v\ \ °'\ IJ STARTING SATURDAY ET)r>T n * iNB ILIHOR OLV9CS nfS?, > gfjTMAD HOUR’/ m What Is the / Mad Hoar? VnuTI cry ( with h this^K! "Ith her" feel Ihr'hriU rtjh-v Vpj *'j! " r * c hr ' M 1 wri si ySe B..nwSS KM-'* /Ej £ / 2ND BIG SHOW! JXDU / 0 /yEODIEPARDOtSf (1 THE COUNTRY CUltfp ' time! JC-HT// Fore! Clear Wie fairway for an- 1 ,|5 51 other glorious show! All new acts Kl S —n ov e 111 e s—stage set- /r fid Kk. Cl tmKSI EVERYTHING j different f * jkfp' y ".

L LOEW ’ S \ TALACL NEXi\ now playing norma flfj \ TALMADGE EVENT \ IN , of the seaso*\ “The Dove” RAMON \ "''™ ™ IL “ OREO SHEARER \ ~jl IN \ With Sylvia Miller, I.uhitNrh \ AND GIGANTIC STAGE SHOW \ “SPANISH FOLLIES” \ |25 C " *** 35C lp ™. § O EVENING^

COLONIAL S S? B MEN ONLY SSf THE STOP NEW 10 f? ff m ■VIAW' sin—she paid the terrible j,, ..... ......

“The mock modesties of the past are gone and sex Is something to be ytewed with wide open eyes by the present generation, and instead ot ignorance, there should be free recognition of the beauty of life,” soys Rev. George Rodgers Wood. Boston. Mass. First showing in Indianapolis.

.APRIL 19, 1923

fifteen days because of ear trouble. John Williams, sentenced to ninety days and fined SIOO, at Noblesville, was granted an eighteen day parole because of the illness of a child. Students Visit Evansville EVANSVILLE, Ind., April 19. Principal Oliver Deetz and eleven students of the Crawfordsville high school were here today inspecting student government at Central high school.

MOTION PICTURES