Indianapolis Times, Volume 39, Number 310, Indianapolis, Marion County, 24 April 1928 — Page 12
PAGE 12
MOTOR, CARRIER LEADERS BRING RALLYIN MART Delaware & Hudson and General Motors Lead Opening Upturn.
Average Stock Prices
Average of twenty Industrials Monday was 207.94, off 2.96. Average of twenty rails was 140.08, off .45. Average of forty bonds was 99.08, off .02. Bu United Press NEW YORK, April 24.—General Motors and Delaware & Hudson led a rally on the stock market in early dealings today. General Motors opened up Vi at 18434 and then advanced to 185 Vi, while United States Steel, which was up Vs at 144% at the opening, moved up to 144%. Delaware & Hudson soared sensationally to 221% up 7% points, and anew high record for several years. Lorillard recovered % to 36Vi, while Liggett & Myers held unchanged at 105 Vi. American Tobacco lost a point to 158%. Other tobaccos were quiet, after their rampage of Monday on the downside following announcement of reductions in cigaret prices. The recovery continued throughout the morning, although there was considerable selling under cover of the buying movement. Hudson & Manhattan soared 7Vi points to 73Vi, anew high record, while new highs were made up by Mexican Seaboard at 30, up 3%; Davidson Chemical at 46%, up 2%; Delaware & Hudson at 221%, up 7Vi; Southern Dairy at 43, up 4; United States Leather at 43 up 2%, and United States Leather A, up 2%, at 67%. On the other hand selling was renewed in the Tobacco shares.
Banks and Exchange
FOREIGN EXCHANGE By United Press NEW YORK, April 24.—Foreign exchange opened irregular. Demand sterling 54.87 3 ,4. off .00 1-32: francs, 3.93 9-16 c; lira 5.26%c. off .00%; Belga 13.95%c, .00 Vi; marks, 23.90 c. TREASURY STATEMENT By United Press WASHINGTON, April 24.—The Treasury net balance for April 21, was $244,059,985.13. Customs receipts this month to April 21, were $33,400,388.93.
In the Stock Market
(By Thomson & McKinnon) NEW YORK, April 24.—There can be no doubt even in the minds of the skeptical, but that credit for stock market purposes has contracted and that the trend for the near future, at least, is for further scarcity. Added to this, is the increase in discount rate by one reserve district after another. The effect of this contraction in credit is already noticeable in stock market valuations as well as in the temper of speculators, who have reached the point of realization that an upward swing in price levels cannot go on forever, even when fundamental conditions are perfect. However, there is one really bright spot in the market and that points to the oil stocks where a sound basic situation is asserting itself. At the same time and until a clearer view of the stock markets future is obtainable, we regard a liquidation of securities on all evidences of strength to be the proper course to pursue.
Commission Row
PRICE TO RETAILERS FRUITS Apples—Fancy barrel apples, seasonable varieties. $6.50©11; fancv basket apnles, seasonable varieties, $2.75®3.50, 40 lbs; choice box apples, seasonable varieties. $3.50®5. Grapefruit—Florida. [email protected] crate. Grapes—California whites. $7.50 Keg. Lemons—California, ss.sor<i 6.25. Limes—Jamaica. $3, per 100 Oranges California navels, $5.50<?i„8 crate; Florida, [email protected] crate. Pears—Washington D’Anious $3.75 half box; Washington Sickle. $3.50 half box. Pineapples—Cuban. $9 crate, Strawberries—Alabama. $6.50®7. 24-quart case; Louisiana. $4.5071.4.75. 24-pint crate. VEGETABLES Artichokes—California. $1.50 dozen. Asparagus—California. $5.50@7 crate. Beans Southern, 54.50®5 hamper: Texas stringless. ss® 5.50 hamper. Begts—Texas, $3 bushel; home grown. $1.75. Broccoli—Texas. $3.50 barrel. Brussels Sprouts—3s®4oc lb. Cabbage—Texas. 7@7'/2C lb. Carrots—California. $4 five-doz. crate: home-grown. $1; Louisiana. $1.75 bu. Cauliflower —California. $2.75(fi;3 crate. Celery—Florida. $3.75@4 crate; California, $3.50®3.75 crate. Celcrv Cabbage—s2.2s®2.so. Cucumbers—lndiana hothouse, $2.50 for box of 1 doz. Eggplant—H. G. $1.50 doz. Endive—sl.so doz. bunches. Kale—s3 barrel. Leek—7sc bunch. Lettuce—Arizona, head. $4®4.50 per crate; hothouse, leaf, $1.50. 15 lbs. Mushrooms—sl.so47l.7s, 3 lbs. Mustard—Southern. $2 bu. Onions—Home grown, green, 50c doz.; Indiana red and yellow. $4.50 cwt.: new Texas yellow. $3.25 crate; Texas chrystal wax, $4.50 crate. Oysterplant—4sc doz. bunches. Parsley—6oc doz. bunches: Southern. 65c bunch. . „„ . Parsnips—Home grown. $1.25 bu. Peas California telephone. [email protected] Florida mangoes. $4.50®5 crate. Potatoes—Michigan white, $3.50@>3.75, 150 lbs. Minnesota Red River Ohios, $3.35. 120 lbs.: Idaho. $3. cwt.; Texas, new, $6 Radishes—Hothouse. button. 90c@$l. Southern long red. 25c. Rutabagas—Canadian, $2.50 per cwt. Rhubarb—Home grown. 50c doz. Shallots—6oc doz. bunches. Spinach—Texas, $1.50 bu. Sweet Potatoes—lndiana Jersey mediums. $2.75 bu.: Indiana Jersey, $3.50 bu.; Nancv Hall, $2 hamper. , , „ t , . Tomatoes—s6.so®7.so, repacked 6-basket crate; originals, $3.75(174.75. 30 lbs. MISCELLANEOUS Older—s4.so 6-gal. case: $4.75 doz. halfgal. Jars. Garlic—22c per lb. Sassafras—2s@3oc doz. bunches. SEED STOCK Onions—Red sets. $6.50. 2 bu.: yellow, $5.50, 2 bu.; Bermuda plants, white. $3.25 per crate of 6,000; yellow. $3, crate of —Main coolers. $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. Sweet Potatoes —Selected Indiana Jersceys, $2.75 bu.; Nancy Hall, $2.25 bu. By Times Special CHICAGO. April 24.—Carlots: Wheat. 46; corn. 178; oats, 150; rye, 1. Escapes Drowning in Auto By Times Special SPURGEON, Ind., April 24. Bert Warner, Bement Gas Company superintendent, escaped drowning in the waters of a ditch south of here when he broke glass from his automobile and climbed to the top of the machine after it plunged into the ditch. Passing motorists took him from the auto’s top,
New York Stocks
(By Thomson & McKinnon)
—April 24—■ Railroads— Prev. High. Low. 12:00 close. Atchison 191% 190% 191 190 Atl Coast Line. 182 Balt & Ohio 113% 113 113% 113% Canadian Pac ..208%' ... 208% 209 Chesa & Ohio ..195% ... 195% 195% Chi & Alton ... ... 6% Chi & N West 84% Chi Grt West.. .. * 11% C R I & P 112% ... 112% 112% Del & Hudson ..221% 213 218 214% Del & Lacka 143 ... 143 142% Erie 55% ... 53% 55% Erie Ist pfd 57 Grt Nor pfd 101% 99% 100% 100 111 Central 13814 ... 13814 139 Lehigh Valley ..101% 99% 100'% 99% Kan City South 54% Lou & Nash 148% M K & T 36 35% 36 36 Mo Pac pfd 110% ... 110% 110% N Y Central 178 176 178 176% N Y C & St L 134 NYN H & H.. 61% 61 % 61% 6114 Nor Pacific 98% 97% 98% 98% Norfolk & West .187 ... 187 18714 Pere Marquette 135 Pennsylvania ... 68% ... 68% 68% P & W Va 145 Reading 107% ... 10714 108% Southern Ry ...149 147 Vi 148% 147% Southern Pac ..119'4 115 119% 119% St Paul 38% 38% 38% 38% St Paul pfd 49 % 48% 4914 43 % St L & SW 82 81 82 80 St L & S F 117 ... 117 116% Texas & Pac 130 Union Pacific ..195% ... 195% 190 West Maryland. 47% 45'% 47% 46% Wabash 78% 77% 78% 76% Wabash pfd .... 98% ... 98% 08 Rubbers— Ajax 10% ... 10% 10% Fisk 15% ... 15% 15% Goodrich 86 ... 85% 85% Goodyear 54 53% 54 53% Kelly-Spgflld 22% Lee 18 ... 17% 18 United States ... 43 41% 42 43% Equipments— Am Car & Fdy.,104 ... 104 104 Am Locomotitve.lo6 ... 105% 105% Am Steel Fd ... 60% ... 60'4 6114 Baldwin Loco .... ... . 260 General Elec ...164 161 161'% 162 Gen Ry Signal.. 87% 86% 86% 87 Lima Loco ...... . so 1/, N Y Air Brake.. .. ... ." 45 '* Pressed Stl Car ' 04 Pullman 84% 84 84% 84% Wafting Air B. 50% .... 50 50 WBjtingh Elec .101 100% 100% 100 Steels— Bethlehem 62 61% 61% 61% Colorado Fuel .. 73% .... 73% 72% Crucible 86 .... 86 85% Gulf States Stl. 63*4 .... 63% 63% Inland .Steel ... 54% .... 54% 55 Phil RC & 1.... 30'% .... 30% 30% Sloss-Sheff 121% U S steel 145% 144'% 144% 144% Alloy 32 32 31% Youngstwn Stl.. 89% .... 89% 88% Vanadium Corp. 82 .... 81% 81% Motors— Am Bosch Mag. 24% 24% 24% Chrysler Corp .. 68% 6714 68% 68 Conti Motors .. 11% .... 11% 11% Dodge Bros 19%. .... 19% 19% Gabriel Snbbrs.. 18% .... 18% 18% General Motors.lß7 184% 185% 183% Hudson 84% 83'% 83% 83% Hupp 47 45'% 47 46% Jordan 12 Mack Trucks ... 85% 84% 85 84 Martin-Parrv ... 17% .... 17'% .... Moon 8% 8% 8% Motor Wheel ... 37% 37% 37% 36% Nash 85% 84% 85% 85 Packard 67% 66% 67'% 66% Peerless 23 22% Paige 33 32% 32% 32% Studebaker Cor. 64% .... 63% 63% Stew Warner .. 90% 90% 90% Stromberg Cart 59'% Timken Bear ...124% .... 124% 125 Willvs-Overland 25% 25% 25% 26 Yellow Coach... 35% 35% 35% 35% White Motor ... 36% 36% 36% 36 Mining— Am Smlt & Rfg.lß4 183% 184 183 Anaconda Cop . 67)4 66% 66% 66% Calumet & Ariz 98% 96% 96% Cerro de Pasco. 66’ b .... 66% 66% Chile Copper ... 41% .... 40% 40% Greene Can Cop.llß 116 117 116 Inspiration Cop. 21% 21% 21% Int Nickel 85 84% 84% 84 % Kennecott Cop. 84 83% 84 83', * Magma Cop ... 78 .... 78 78 Miami Copper .. 19% .... 19%- .... Texas Gulf Sul. 72% 72% 72'.1 U S Smelt 41 41 41 Oils— Atlantic Rfg ..127% 125', * 127 126 Cal Petrol 30% 30% 31% Freeport-Texas. 77% .... 77 Is 77‘,2 Houston Oil ...151 ... 151 149 Indp Oil & Gas 29% 28% 29 28% Marland 0i1... 43 42% 42% 42% Mid-Conti Petrol 30% ... 30% 30% Lago iOl & Tr. 34% 34% 34% 35 Pan-Am Pet IB) 50 ... 48% 49% Phillips Petrol.. 43% 42'% 42% 43 Pro & Rfgrs 23% ... 23V* 23% Union cf Cal.. 54% 54% 54% 54 Pure Oil 25% 24% 25% 14% Roval Dutch .. 47% 47% 47% 47% Shell 27% 27% 27% 27% Simms Petrol... 23% ... 23% 23% Sinclair Oii 27% ... 27% 27% Skellv Oil 32% 32 32% 32 Std Oil Cai 60% 60 60% 60 Std Oil N J 44% 44 44% 44% Std Oil N Y 34% 34% 34% 34 Texas Corp 59% 59% 59% 59% Transcontl 8% ... 8% 8% White Eagle 23% ... 23% ... Industrials— Adv Rumelv .... 26’% ... 26 1 % 26 Allis Chalmers 123 Allied Chemical 158% ... 158 157% Armour <AI 14% ... 14% 14% Amer Can 81% 73% 80% 81% Amer Hide Lea 12 ... 12 12% Am H L pfd 51',4 Am Linseed . ... 92% ... 92'.'* 93 Am Safety Raz 60% truer ice 38 ... 38 38 Amer Woolen... 21% . . 21% 22% Curtis 73% 77 78% 76% Coca Cola ......158 ... 158 159 Conti Can 109% ... 109% 108% Certninteed 60% Congoleun l 30% 29% 30 29% Davison Chem .. 45% 44% 45% 44% Dupcnt . 370 .. 370 370 Famous Players 125 124 125 124% Gen Asphalt ... 88 ... 88 85% Int Bus Mch 126 lnt Cm Engr 49% 49’% 49% 49% Int Paper 75% ... 75% 75% Int Harvester...- . ... ... 245 Lambert 114 113% 114 113% Loews 70% 70 70% 70% Ko vinator 2148 21% 21 Vi 21% Montgom Ward .137% 135% 137 136% Natl C R 59% 57% 59 57 Pittsburgh Coal. .. 44 Owens Bottle .. 85% .. 85% 85% Radio Corp 177 172 170% 173'* Real Silk 26 ... 26 26 Rem Rand . ... 26% ... 26% 28% Sears-Roebuck... 99% 98% 99% 98% Union Carbide ..151 ... 150% 150% U S Leather 42% 40 Vi 42% 40% Univ Pipe .... 25 ... 24'/* 24Va U S Cs Ir Pipe 252 U S Indus Alco. .114% ... 114% 114'.* Wright 126% 124% 126 124'* Woolworth Cos . .188% ... 187% ,187% Utilities— Am Tel & Te1...185% ... 185% 135% Am Express 181 ... 181 184'% Am Wat Wks.. 59 ... 59 59'/* Brklvn-Manh T. 75% ... 75% 75% Col G & E 101% ... 101 101 Consol Gas 150 149% 149% 149 Elec Pow & Lt.. 41 ... 40'/* 40% Interboro 58% 56 % 58% 57% Nor Am C 0.... 67'/* 66% 67',4 67% Montan 165 . ... 165 IGS Peoples Gas ...172 ... 172 173 So Calif Ed 46 ... 46 45% Std Gas E 1... 66% ... 66'/* 66% Utilities Power.. 32% ... 32 32’/* West Union Tel 165 Shipping— Am Inti Corp... 88% 86% 88% 87 Am Ship & Com. 4% ... 4% 4% Atl Gulf & W I 45 43% 45 43% Inti Mer M pfd 39 ... 39 38% United Fruit ...141 140 141 140’/* Foods— Am Sug Rfg ... 68% ... 68% 68% Austin Nichols.. 5% ... s'/* 5% Beechnut Pkg ... 78% California Pkg 74 Corn Product .. 77 ... 77 77Vi Cuba Cane Su p 25% ... 25% 25% Cuban Am Sug.. .. 20% Flelschmann Cos. 73 ... 72% 72% Jewel Tea 85 ... 85 85% Jones Bros Tea .. ... ... 34 Natl Biscuit ...IGB ... 168 163 Nat Dairy 78 % 77% 78 78 •Postum Cos 119% ... 119% 170 Ward Baking B 22% Tobaccos — Am Sumatra.... 59 58% 59 59 Am Tobacco ...158% ... 156 159% Am Tob (8)... .158’/a ... 156% 161% Con Cigars 88% ... 88% 90 General Cigar... 68% 68'/* 68% 68Vi Lig & Myers ...105'/4 ... 102 105'% Lorillard 37 ... 35 35% R J Reynolds 134% ... 123 134',* Tob Prbd (B) ..111 1 4 ... 110% UIV4 United Cigar St 29% ... 29% 29% Schulte Ret Strs 63 ... 63 63
Local Wagon Wheat
Local grain elevators are paying $1.86 for No. 2 red wheat. Other grades are purchased on their merits. big Issue authorized Pennsy Railroad to Offer More Than 62 Million Dollars of Stock. Bu United Press WASHINGTON, April 24.—The Pennsylvania Railroad today was authorized by the Interstate Commerce Commission to issue $62,408,250 of capital stock, consisting of 1,248,16? shares of the par value of SSO a share. The stock will be offered for subscription at par to stockholders of record at the close of business on April 14, 1928. All stock not subscribed for by stockholders of the road will be sold at the highest price attainable, but at not less than par, and the proceeds used for corporate purposes.
RECEIPTS UP IN EVERY DIVISION; PORKERSHIGHER Hogs Advance Generally 10 Cents to $10.70 Top; Calves Up sl. April Bulk Top Receipts 17. 9.006710.00 10.00 6,000 18. 9.007710.10 10.10 6,500 19. 9.104710.25 10.25 5,500 20. 9.254( 10.40 10.40 5,500 21. 9.504710.50 10.50 2.500 23. 9.754710.55 10.55 3,500 24. [email protected] 10.70 7.500 Receipts were heavy throughout the entire market and hogs and calves advanced at the Union Stockyards today. Porkers were generally 10 cents higher and the top was up to $10.70. Bulk of all weights sold at $9.75 and higher. Receipts were estimated at 7,500 and there were 241 animals held over. Calves advanced 50 cents to $1 and other material was mostly unchanged. Chicago Higher The Chicago market opened strong to 10 cents higher than Monday’s average. The best sold at $10.45. There were 20,000 fresh animals and 15,000 holdovers in the pens. Heavy meat animals, weighing 250-350 pounds, sold at slo.lo® 10.70, rising 10 to 15 cents and material in the 200-250-pound class was up the same, selling at $10.60® 10.70. Lights, 160-200 pounds, were up 10 cents on the high end at $10.25® 10.65. Light light weigths, 130-160 pounds, brought $9.75® 10.25, 25 cents higher on the top, and pigs advanced the same to $8.25® 9.50. Packing sows held steady at sß® 9.25. Cattle Irregular With slight changes in both directions, cattle were virtually steady with 1,400 animals in the pens. Beef steers sold at $11.50® 13.50, up a quarter on the top, while beef cows dropped 50 cents on the high end, bringing sß® 10. Low cutter and cutter cows were 25 cents higher on the top at $5.50® 7.25 and bulk stock and feeder steers were unchanged at $7.50® 9.50. (. Calves were up 50 cents to $1 despite higher receipts numbering I, The best sold at sl4® 15.50, while heavy calves were unchanged at $6.50® 10. There were 400 sheep and lambs at the yards today and the market helc} a steady tone. The top was sl7 and bulk fat lambs sold at sl4® 15. Bulk culls were $7.50® 11.50, and fat ewes, $6.50® 9.50. —Hors— Receipts. 7,500; market higher. 230-250 lbs $10,104(10.70 200-250 lbs 10.604(10.70 ISO-200 lbs 10.254( 10.65 130-160 lbs 0.754( 10.25 90-130 lbs 8.254) 9.50 Packing sows 8.0074 9.25 —CattleReceipts. 1,400; market steady. Beef steers .. $11,504(13 50 Beef cows 8.0061 10 00 Low cutters and cutter ccws.. 5.504i 7.25 Bulk stock and feeder steers. 7.50® 9.50 —Calves—- • Receipts, 1.200; market hißher. Best vea'ers $14,004(15.50 Heavy calves 6.50(5710.00 —Sheep and lambs— Receipts. 400; market steady. Top fat lambs sl7 00 Bulk fat lambs 14.006716 00 Bulk cull lambs 7.504( 11.50 Fat ewes 6.5066 9.50 Other Livestock Bu Timex Special LOUISVILLE. April 24 -Hoe -Receipts. 809; market, steadv: heavies and mediums, 175 lbs. up. $9.094710.65: lights and pigs. 175 lbs down. $8479.75; throwouts and stags. $7,654(8.25. Cattle—Receipts. 100: market, steadv; prime heavy steers. $12.50 4(13.50: heavy shipping steers, $114712.50: medium and plain steers, $9.504711: fat heifers. $8.5047 13: good to choice cows. $8.507710.50: medium to good cows, $76 8.50 cutters, $5.50 476.50; canners. ss4c 5.25; bulls. $6479.; feeders. $8.5047 11. Stockers. [email protected]. Calf—Receipts, 300: market, steady; good to choice. $10.504c 12.50; medium to good, $8 504( 10.50; outs. $8.50 down Sheen Receipts. 50; market, steadv: top wool lambs. $14,504( 15: seconds. $84(11: sheen. $5 504, 7; spring lambs. $lB. Monday's shipments: Cattle, 556; calves. 584; hogs. 631; sheep, 13. Bu l ulled Press EAST BUFFALO. April 24 Hogs- Receipts. 1,090; holdovers. 1.1G8: market, strong to 15c up, pigs. 50c up; 250-350 lbs.. $9,754( 10.65; 200-250 lbs.. $10,504(10.90; 160200 lbs., $10,504(10.90; 130-160 lbs.. $10.40 4110 85; 90-130 lbs., $104( 10.75; packing sows. $8 904i 9.50. Cattle—Receipts, 200. Calves. 50c up; low cutter and cutter cows. $5477: vetilers. $154( 15.50. SheepReceipts. 400; market, steady; bulk fat lambs, clipped. sl6; bulk cull lambs, sl2 4(13.50; bulk fat ewes, $84(9.50. Bu United Press TOLEDO. April 24.—Hogs—Receipts, 1.000: market. 1047 15c up; pigs. $1 up: heavies. $9.504110; mediums, $10,254(10.50; Yorkers. $10,756( 10.50: good pigs. $96(9.50. Cattle—Receipts. light; market, slow. Calves—Receipts, light: market, slow to 50c off. Sheep and lambs—Receipts, light; market, strong.
In the Cotton Market
IBv Thomson Ar McKinnonl NEW YORK. April 24.--'There should be a little reaction today on prospects of fair weather Wednesday. We don’t expect to see much decline. The weekly report on the crops progress Wednesday morning will be very bullish. Looks like a scalper's day. Curb Seat Sells at High Record NEW YORK, April 24.—A sale of a New York curb exchange membership was today arranged at $85,000, anew record high and an increase of $15,000 over the previous sale, also made today. Building Permits Carl Schade, dwelling. 515 N. Hamilton, $5,000. Louisa Woesiffer. dwelling and garage, 2255 Madison. $3,500. Herschal Millikan, dwelling. 6145 Ralston. $2,800. Clarence T. Johnson, addition, 1807 Fletcher. S7OO. Ernest Scott, garage. 1236 Wright. $867. Ralph E. Morrow, garage, 5337 Central, $249. C. H. Beckerer. reroof. 1410 Sturm. $250. C. Delaton. garage. 561 Lord. $l5O. S. and J. Fellender, repair, 54 S. Illinois, S4OO. Puritan Finance Company, dwelling and garage, 6155 Park. $3,700. Minnie E. Johnson, reroof. 3302 Kenwood, $220. p. D. Power, dwelling and garage. 925 E. Fifty-Seventh, $10,250. Dr. O. L. Deitchs, garage, 1211 Oliver, S4OO. R. A. Wright, trustee, repair. 217 E. Fall Creek boulevard. $1,200. R. A. Wright, trustee, foundation. 217 E. Fall Creek boulevard, $1,200. Mary Sullivan, repair. 324-26 N. Rural, S6OO. C. Huber, dwelling. 1447 Lawton, $1,700. J. R. Tibbets, dwelling, 5254 Guilford, $4,200. W. H. Johnson, dwelling, 1318 N. Colorado. $3,500. Louis J. Woodward, reroof, 3441-3 College. S2OO. John Clark, garage, 1314 Lawton, $250. Miss Borst, furnace, 702 Prospect, $225. Mrs. Reiger. furnace, 642 Prospect. $225. J. A. Carr, dwelling and garage, 5805 E. New York, $5,300. Thomas A. Toole, furnace. 2915 Speedway, S2OO. The Oakes Company, inclosure, 3019 Roosevelt, SSOO. Hoosier Electric Company, mezzanine floor, 108 Monument Place. $650. General Tire Company, alterations, 115 E. New York. SBOO. Audrea Lewistic, porch, 717 N. Haugh, SI,OOO. W. R. Pierpont. dwelling and garage, 5210 E. Tenth. $4,150. W. R. Pierpont. dwelling and garage, 5214 E. Tenth. $4,150.
THE INDIANAPOLIS TIMES
Produce Markets
Butter (wholesale price)—No. 1, 48® 49c; No. 2. 46 47 47c lb. Butterfat (Buying price)—466247c lb. Cheese (wholesale selling prices, per pound—American loaf. 326t35c: pimento loaf. 344737 c: brick loaf. 32(6>35c: Swiss, 396742 c: Wisconsin fat. 276.39 c: print cieam. 254,27 c; flat display. 264727 c: Longhorn. 26%6V27c: New York limberger, 30V* ® 32c. Eggs—Buying prices: Fresh, delivered at Indianapolis, loss off. 25®26c doz. Poultry (buying pricei Hens, 236J24C lb.; Leghorn hens, 186,20 c; 1928 spring. 1% to 1% lbs.. 35c; 2 Jbs. and up. 386740 c; Leghorns. 30c: old roosters. 12c; ducks, 15c; geese. B@10c; guineas, old 33@35c. young 50c.
POLICEMEN TO CIRCUSTONIGHT Three-Ring Benefit Show Draws Big Crowds. Policemen and their families will attend the Police and Firemen’s Emergency Fund Circus tonight at the fairground. The three-ring show opened Monday with large audiences at afternoon and night performances. Two performances will be given daily for the remainder 6f the week. Wednesday night will feature “firemen’s night.” A huge carnival with all performers participating will feature the closing night. Mayor L. Ert Slack, Police Chief Claude M. Worley, Fire Chief Harry Voshell, and Fred Connell, Ira Haymaker and Robert Miller, safety board members, were hosts to orphans, Monday. More than 800 orphans were able to attend through courtesy of the Indianapolis Street Railway, which furnished transportation. Blind Boy Scouts and Indiana Blind School students will be guests of the committee, Friday. Major Louis Johnson is completing plans for a pet parade Saturday on Thirty-Eighth St. A silver cup will be presented the winner. SLIPPERY CITY STREETS CAUSE THREE CRASHES Skidding of Cars Responsible for Monday Accidents. Skidding was responsible for three automobile accidents Monday. Fred Coombs, 35, of 2960 Kenwood Ave., was treated for head and leg injuries when his car skidded on the wet pavement and crashed into a street at Burdsall Pkwy. and White River Blvd. The machine of George Snowball, 348 Villa Ave., skidded when he attempted to avoid Andrew Brown, 14, of 101 Harrison St., when the boy ran into the street. The rear end of the machine struck the boy, but he was not seriously hurt. Turning short in order to get out of an approaching car’s path. A. L. Newkirk. 44, of 110 S. Richwine St., lost control of his machine. It ran into a telephone pole at 2200 W. Washington St. Mrs. Newkirk received slight injuries. WATSON BACK TO FIGHT Will Wage Campaign in Northern Part of State . Senator James E. Watson returned to Indiana today a vigorous campaign fight in Northern Indiana where his candidacy for the presidential preference vote is threatened by his rival, Herbert C. Hoover. Watson speaks in South Bend tonight. He will spend Wednesday and Thursday in St. Joseph County and will speak at Elkhart, Thursday night. Mishawaka and Goshen are slated for addresses. Saturday night he will speak at a mass meeting in the Armory here and Monday night will invade the Twelfth district, admitted Hoover strongheld, with an address at Ft. Wayne. DELAYS DUVALL APPEAL Court Sets July 10 for Final Date of Filing. Former Mayor John L. Duvall’s attorneys today were granted until July 10 by the Supreme Court to file the brief in Duvall’s appeal from his Criminal Court corrupt practices act conviction. Duvall was fined SI,OOO and sentenced to thirty days in jail on Sept. 23. The time for filing the appeal brief formerly was extended from Feb. 9 to May 8. The attorneys cited the length of the record, 1.350 pages, in their plea for more time. SEEK FAKE DETECTIVE Horse Thief Sleuth Reported to Have Searched Cars. Police Chief Claude M. Worley today ordered his men to be on the lookout for an alleged horsethief detective who has been halting and searching automobiles in the vicinity of Illinois St. and the Canal. Sunday the pseudo-officer attempted to search the car of Carl Hinkle, Connersville, Ind., who protested and reported the affair to police. DAYLIGHT SAVING TOPIC Civic Federation to Discuss Move Friday Night. Daylight saving will be discussed pro and con at a meeting of the Federation of Community Clubs Friday night at the Chamber of Commerce. A speaker from tfife American Legion will talk on getting out the vote. Speeches will be made fostering the cleanup and painiup campaign. Marriage Licenses Paul Elmus Rathz, 23. of 1542 S Meridian St., stock clerk, and Marie Margaret Ritter. 20, of 117 E. Raymond St., clerk. Noah Frances Drake. 37, of 55 S. Denny St., laborer, and Margaret Marie Coon. 37, of 528 N. Alabama St., housekeener. Amos Bernice Moore, 28, Lawrence. Ind.. State highway employe, and Ruth E. Carthwright. 18. Lawrence, housework. George Berber, 36, of 2421 N. Illinois St., street railway employe, and Cecillia Lucy Boyle. 30T of 1819 N. Talbott St. Louis Edson. 68. of 1723 Cornell Ave., laborer, and Minnie Holland. 56. same address. Edward A. Gannon. 22. of 1125 Broadway. decorator, and Mary Guldugh, 18. same address, maid. Edmund Jolly. 22, of 538 Marion Ave., baker, and Hazel Rich. 21. of 151 W. Pratt St., waitress.
CORN AND OATS FOLLOW WHEAT IN OPENING DIP Weaker Foreign Markets, Western Rains Cause Downturn. By United Press CHICAGO, April 24.-Wheat led a fractional opening decline in grain futures on the Board of Trade today. Weaker foreign markets and recent rains over many drought-menaced western fields caused the dip. Corn followed wheat and oats declined in sympathy. Opening figures were: Wheat, J /4c to Vsc lower; corn, %c to 94c off, and oats Me lower lo %c higher, September showing the advance. Provisions opened with negligible changes. Sentiment in wheat remains fundamentally bullish, but traders expect price movements to be largely governed by weather changes during the next Jew weeks. Corn’s decline was mainly in sympathy with wheat, industrial buying of cash corn still continues to hold the undertone steady. The firm undertone in oats was very evident at the opening, all futures getting good support on the dip. Stocks of oats ate rapidly diminishing, seeding is getting a late start and serious damage tc the crop is reported. Chicago Grain Table —April 24 Prev. High. Low. 12:00 close. WHEAT— May 1.55% 1.53% 1.55% 1.54% July 1.55% 1.54% 1.55% 1.55% September .. 1.52% 1.50% 1.52*/* 1.51% CORN— May 1.06% 1.04% 1.06% 1.05% July 109% 103% 1.09% 1.09% September ... 1.10 1.08% 1.10 1.09% OATS— May 62% .61% .62% .61% July 55% .54% .55% .577* September ... .47% .47% .47% .47% RYE— May 1.32% 1.30% 1.31% 1.30% July 1.27% 126% 1.26% 1.26 September... 1.18% 1.17% 1.1714 1.17% LARD— May 12.27 12.10 12.25 12.15 July 12.57 12 42 12.57 12 45 September.. 12.90 12.75 12.85 12.75 RIBS— Mav 11.75 11.70 11.75 11.70 July 12.07
Cash Grain
The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b. basis 41 %c New York rate, were: Wheat -Steady: No 2 red, $1,944( 1.96; No. 2 herd. $1.58 6 1.61. Corn —Firm; No 4 white. 99c4i51.01: No. 5 white. 97 .( 99c; No. 4 yellow. 99c4,51.01; No. 5 yellow. 976,,99c; No. 4 mixed. 95% 97c: No. 5 mixed. 934,95 c. Oats —Firm; No 2 white, 634( 64c: No. 3 white. 61 %6i 62%c. Hav —Weak: No. 1 timothy. $134(13.50: No. 2 timothy. $12.50® 13; No. 1 light clover mixed. $13,504) 14: No. 1 clover mixed. $12,506(13; No. 1 clover hay. $17% 17.50. —lnspections Wheat—No. 3 red. 1 car. Total. 1 car. Corn- No. 2 white. 3 cars: No 3 white. 2 cars; No. 6 white. 2 cars; No. 3 yellow. 5 cars: No 6 yellow, 3 cars; sample yellow. 2 cars: No. 6 mixed, 3 ears; sample mixed. 2 cars: ear, 1 car. Total. 23 cars. Oats—No. 3 white. 1 car; sample white, 1 car. Total. 2 cars. Births Girls Charles and Ola Clevenger. 1558 College. Cecil and Hilda Cooley. 2874 N. Wheeler. Solomon and Regina Cahml. Coleman Hospital. Edward and Maggie Coffman. Coleman Hospital. Henry and Celeste Friedmeycr, Methodist Hospital. Richard and Beatrice Rubush. Methodist Hospital. Paul and Florence Vanderhoff. Methodist Hospital. Frank and Lois Torrence. Methodist Hospital. Leo and Ruth Miller. Methodist Hospital. Harry and Joyce Tobin. St. Vincent Hospital. Edward and lola Slean. St. Vincent Hospital. Curtis and Mav Jumpp. 155 S. Elder. Boys Noel and Orace Phllllppe, 2334 Roosevelt. Turner and Bertha Havelv. 2026 Park. John and Anna Pacala. 329 Bright Earl and Dorothy Beaslev. 627 Woodlawn. Mitchell and Dorothy Bartlett. Col man Hospital. Charles and Mae Cochran. Methodist Hospital. Harry and Hilda Harrod, Methodist Hospital. Joseph and Nellie Young, Methodist Hospital. Joe and Leona Fansler. Methodist Hospital. Juhus and Mary Caesar, Methodist Hospital. Earl and Ruth Reeves, Methodist Hospital. Norman and Elizabeth Wilson. Methodist Hospital. Herbert and Bernice Lewis, 2117 Morgan. Joseph and Mary Colbert. St. Vincent Hospital. Gustave and Mildred Gerlach, St. Vincent Hospital. Prod and Alict Whaley. St. Vincent Hospital. Deaths George N. Finney. 46. 2010 N. Winter, chronic interstitial nephritis. Peggy Cottner, 8, Methodist Hospital, diabetes mellitus. Theron Doan, 72. city hospital, anemia. Eliza Maria Hackstciu, 73, 526 Cottage, cerebral hemorrhage. Isabelle Myers, 91, 753 W. New York, arteriosclerosis. Lillie Gibbs. 28. city hospital, acute myocarditis. Her.-hell Ltsk, 42. 548 N. Senate, mitral stenosis. Boston Bryant. 37. 732 Indiangj broncho pneumonia. Laura H. Conerty, 76, 218 Dorman, cerebral hemorrhage. Bridget Forestal, 58. 1148 Spann, carcinoma. Alice Jeffries. 68, Christian Hospital, carcinoma. Robert Elliott. 68. Long Hospital, acute hypostatic pneumonia. Belle Parker. 67, 1707 Milburn, broncho pneumonia. Haywood T. Jacks, 1, 1504 Cornell, cho'era infantum. Ida E. Johnson, 65, 1719 Park, carcinoma. Cordelia Albert, 69. city hospital, carcinoma. Joseph J. Dickinson, 72, 1804 N. Pennsylvania. pneumonia. Frank Kemp. 74, Central Ins. Hospital, mtral Insufficiency. Emil Schocler, 72, 713 E. Twenty-Third, acute dilatation of heart. Jessie Bowman Guthrie. 49, 1433 N. Illinois, cerebral hemorrhage. John Wesley Williams. 61, 1117 Kelly, bionclio pneumonia. Lillian Logan. 47. St. Vincent’s Hospital, mitral Insufficiency. Luella Manuel. 5, city hospital, streptococcic septicaemia. Margaret J. Chilton. 74, 1132 S. Keystone. carcinoma. Emmet C. Holland, 40,40 N. Gladstone, lobar pneumonia. Governor Inspects Roads A tfirCe-day inspection tour of State highways in southern Indiana was started today by Governor Ed Jackson, John D. Williams, highway director, and Jess L. Murden of Peru, highway commissioner. The party will pick up Albert J. Wedeking, another commissioner, at Dale. Legal Notices BOARD OF ZONING APPEALS NOTICE OF HEARING Notice is hereby given that Frank B. Shera has filed with the Board of Zoning Appeals of the city of Indianapolis a reuuest for variance of General Ordinance No. 114. 1922, by using the premises at 1116 Bellefontaine St. as a general contractors office. A public hearing will be held by said board in Room 401, city hall. Tuesday. May 1, 1928, at 2:30 p. m., at which time and place all interested persons will be heard with reference to matters set out la said petition. BOARD OF ZONING APPEALS. GEO. T. O’CONNOR. President. MARIE VICTOR, Secretary.
THE CITY IN BRIEF
WEDNESDAY EVENTS Indiana Grand Chapter Order of Eastern Star meeting, Murat Temple, all a junior Chamber of Commerce luncheon. Chamber of Commerce. Kiwanis Club luncheon, Ciaypool. Purdue Alumni Association luncheon, Severin. American Plasterers’ Association luncheon, Severin. Lions Club luncheon, Lincoln. Indianapolis Round Table luncheon, Lincoln. , Lambda Chi Alpha luncheon. Board of Trade. Alpha Eta PI meeting. Lincoln, 7:30 p. m. Indianapolis Stewards’ Club dance, Severin, 8:30 p. m. A survey to determine the community’s needs for additional expansion was decided on at the meeting of the subdividers’ division of the Indianapolis Real Estate Board at the Chamber of Commerce Monday. A thorough survey of the subdivision situation will be made, showing the number of divisions platted in recent years and the number of lots sold and unsold. H. D. Bullock, sales analyst of the National Automobile Dealers’ Association, Chicago, will speak at a meeting for automobile dealers and salesmen at the Indianapolis Athletic Club at 7 tonight. The meeting is under auspices of the Inddianapolis Auto Trade Association. Police today were searching the city for Leonard Cook, 14, Cincinnati, who is thought to have stpoped here en route home from a visit to his grandmother in southern Indiana. He has been gone several days and neither the grandparents nor parents know his whereabouts. Mark Levy, senior member of the firm of Mark Levy, and Brother, Chicago realtors, will speak at.the Indianapolis Real Estate Board luncheon at the Chamber of Commerce, Thursday. His subject wiil be “Appraisal of Commercial Property.” * Camp 4415, Royal Neighbors of America, will entertain with bunco and bridge at their hall, TwentyEighth and Rader Sts., Wednesday night. Harry Blake, 27, of Chicago, said to be wanted in a half dozen cities on fraud charges, was taken to Lafayette, Ind., today to answer forgery charges. Detective Chief Jerry Kinney had expected to return him to Detroit to face similar charges. Miss Lillian Shots, said to be an actress with Earl Carroll Vanities, Injured in a fall at the English Theater Sunday night, was reported “resting easily” at the Methodist Hospital today. Police were not called to investigate the accident and details were withheld by the theater. The water activities committee of the Indianapolis Safety Council will meet in city council chambers at city hall Tuesday at 4 p. m. Walter L. Jarvis, chairman, announced today. FACE TERMS IN PRISON Man and Woman Convicted of $120,090 Theft at Terre Haute. Bu Times Special TERRE HAUTE, Ind , April 24. Joseph Mullikin and Miss Kate Long today each face prison terms of two to fourteen years and fines not exceeding SI,OOO following conviction of embezzlement by a Vigo County court jury. The defendants were respectively secretary and assistant secretary of the defunct Union Savings Association and were accused of embezzling $120,000 of its funds. ..They were convicted after being on trial a week. A motion for anew trial will be filed by defense counsel.
First /jSfP' Preliminaries in /iPj Times-Indiana Ballroom $1 BATHING BEAUTY CONTEST j J See fairest beauties in In- ) / dianapolis vie for title of MISS INDIANAPOLIS. J I Other preliminaries ThursU I day and Friday. FINALS 1 if, SATURDAY. DANCING AS USUAL
I IN D I A N A BALLROOM
Extra -SPECIAL FEATURE-Extea See and Heax the Take-Off of the DARING BREMEN FLYERS WESTE|||| UNION telJMSram JSEWCOHa CAtYLTON. r*C3(Q(Hr eorge W. E. ATKINS. ns*T TICK OSM.DOT. APRIL 22 A M 2 34 N A 4 50 NL-KB NEW YORK NY 21 APOLLO THEATRE INDIANAPOLIS, IND., SHIPPING YOUR THEATRE MOVIETONE NEWS SPECIAL SEPARATE FROM REGULAR MOVIETONE NEWS. SPECIAL CONSISTS OF BREMEN PLANE TAKE OFF FROM IRELAND TO AMERICA. SEE AND HEAR IT. THIS SUBJECT TO RE RUN SAME NUMBER OF DAYS MOVIETONE NEWS IS PLAYED. RETURN SUBJECT TO FOX EXCHANGE IMMEDIATELY COMPLETION ENGAGEMENT. REGARDS. MOVIETONE CORPORATION.
/briimonly'm “PAIIIOn!
A 1928 SUPER JAZZ DRAMA COLONIALhowMENONLY
CORINTH QUAKE TOLL MOUNTS; TOWNINRUINS Thousands Homeless in City and Nearby Region; Relief Rushed. Bu United Press ATHENS, April 24.—Tragic scenes were reported from Corinth today as result of the serious earthquakes that have destroyed the new Corinth —built up since old Corinth was destroyed by an earthquake in 1853. The death toll already has reached twenty and has been mounting hourly as relief workers searched through the debris of shattered buildings Thousands were homeless and almost all the houses of the city were reported down. Through the district ground Corinth, 15,000 persons were said to be homeless. The earth shocks lasted for six hours and in all there were twenty shocks. The minister of finance has granted a credit of five million drachma for the sufferers —many of whom are to be taken out of the zone on Greek vessels —while the Greek Red Cross already is functioning. The American Red Cross has offered aid to the sufferers. An eyewitness to the wide disaster in Corinth today told the United Press that of about 3,000 houses in Corinth only about fifty remained standing. These were badly damaged. Nearly 100 persons were reported injured in addition to the twenty known dead. Damage to the area was estimated at almost $10,000,000. There were many stories of heroism. The superintendent of telegraphs remained at his post despite that he was seriously injured and his wife and children were killed. British sailors, who happened into port, aided rescuers. THIEVES TAKE TACKLE $35 Fishing Outfit Stolen From Automobile. It was too wet to fish so Charles Halford, 334 Villa Ave., went to the baseball game Monday. He left a flashing outfit, valued at $35, in his automobile. Thieves took it.
AMUSEMENTS
ENGLISH’S "srApril 29th MATS. WED., Till KS., SAT. BERKELL PLAYERS I ‘MARY’S s ”‘ s (>" /atm 17 n Thurs._ UlriLK April 26t h HUSBAND’ at 9:00 a. m. MG lITS. ?sc-50c-99e —MATIN EES 25c-35c-50c—M A l l, O KOKHS NOW INFORMAL RECEPTION AFTER EACH MATINEE DURING Ist W 14. MAKE SEASON RESERVATIONS BE ON HAND TO GKI.ET YOUR F A VORITE PLAYEKS Week May 16th,“THE BARKER”
MURAT—Tonight ONLY GEORGE C. TYLER PRESENTS MARGARET ANGLIN FRANCES STARR WILLIAM FAVERSHAM JACOB BEN-AMI HELEN GAHAGAN ROI.LO FFTEHS CECELIA LIOFTUS CHARLES COBURN TYRONE POWER GEORGETTE COHAN GEORGE RENAVENT ANTHONY HOI.LES RALPH BUNKER DOROTHY FANR “DIPLOMACY” Prices; $4.40. $3.65. $3.30. $2.75 $2.20. sl.lO.
Ona B. Talbot Fine Arts Enterprises
MURAT rX GOOD SEATS SKLLING GALLI-CURCI
Subscribe Now For Next Season Concerts I Ona 11. Talbot, 916 Humo-Mansur g
MOTION PICTURES
.APRIL 24, 1928
MOTION PICTURES
lARDO ' 'A cu b” Y/e j 1 tzym*****- 1! I fi i ‘‘MAD HOUR Y I “?, I vA | Kiddle* I a n( i the Moment 1 GRETA. I CAMOV *THE DIVINE WOMANS % S On the Stage \ 'S> A Melange of Dance, vj, Melody and Sons; 2 CHARLIE DAVIS 4 I “Pagoda Land” Y Featuring ' A Adler. Well and Herman / California Humming Birds v 25c UNTIL 1 1% M.
LUEW> PALACE
# NOW I’LAYING % / Cont. 11 A. M.-ll r. 51. \ / NORMA SHEARER \ r RAMON NAVARRO “The Student Prince” An Ernst Lubltscli Frod. MGM Flcturo and “Spanish Follies" With Evans & Mayer, Shaw & C arroll, Morgan A Stone, Clyde Cottom, lloosicr Rockcts, Falucc Serenuders, EMIL SEIDEL, fond. A Jlort Harris Frod. PRICES i 25cVp a m'- 35Cop!m. I \ 50c evening / \ CHILDREN, 26c / 1 AT ALL TIMES I
NEXT LON CHANEY WEEK tn iiLin "laugh, clown,laugh’d
VITAPHONE—MOVIETONE SEX AND HE Alt DOLORES COSTELLO “TENDERLOIN” Astounding Orunuitic Revelation
Popular Prices: Evening and Sunday. SOr; Matinees, 1 to 6 p. m., 35c; BargaJn Mats., 9 to 1 p. m., 25c; Children Ahvnys 25c
OHIO
Again! 2 Big Features! Shirley Mason "THE WIFE’S RELATIONS” Why Newlyweds Leave Home! JACK HOLT "THE WARNING” Rousing Action Drama!
AMUSEMENTS WHERE f All
Indianapolis’ Only Vaudeville Theater Everybody Says:— “A GREAT SHOW” A Spring Festival Bill Headed by Late Stars of “No, No, Nanette" MARY SPOOR &JACKPARSONS With Solis Bros. Ensemble Added Attraction EMPIRE COMEDY FOUR Other Big New Acts Daily Organ Recital bv Ruth Noller . 12:10 Prices-KMatinre, All Seats, 25c. Eves.. Sun and Holidays—Boxes and Lower Floor, 50c; Balcony, 25c. Ail Children Under 12. Any Time, 25c.
THE INDIANA DEMOCRATIC CLUB Presents “A DEMOCRATIC NIGHT” IN MINSTREL Introducing “BIRDS OF A FEATHER” MURAT THEATRE THURSDAY NIGHT, APRIL 26th PRICES 51.50, SI.OO, 50c Tickets on sale at Democratic Club, 319 N. I’enn-.vlvan'u, and Murat Theatre. •
I ENGLISH’S ™ n week I buwifi.um Wed Sat i SI\TH KIUI UN . * “ S' \ k;' % Mml Important af f y \ < oturdiaiiN tuiil Famous v ' EuA Sleautie* rver u%%rmblc<!. MORAN & MACKafI&TWO SLACK CROWS' JULIUS TANNEN JOHNNY DOOLEY NORMAN FRESCOTT CO.OFIOO - 60 VANITIES BEAUTIES-24 FOSTER GK* smssku last smarem mmu Tun^tr | Nites, sl.lO to $1.10; Wed. Mat., sl.lO I Ito 53.30; Sat. Mat- sl.lO to $3.85. |
MUTUAL
BURLESQUE THEATRE “PRETTY BABIES’* Maurice Cash and Peggy Mays and a BREATH-TAKING CHORUS of PRETTY BABIES
