Indianapolis Times, Volume 40, Number 2, Indianapolis, Marion County, 14 May 1928 — Page 14

PAGE 14

AIRPLANES ARE MART LEADERS IN BIGSESSION Wright Goes Above 200; Up 10 Points; Curtiss Gains 12.

Average Stock Prices

Average of twenty industrials Friday was 220.73. up .30. Average of twenty rails was 147.36, off .08. Average of forty bonds was 98.94, up .03. Bn United Press NEW YORK, May 14.—Stocks were buoyant throughout most of the first session of the week and dealings continued on a very active scale, sales running far above the four million mark. Features of the day were the airplane stocks, Wright rising above 200 for a gain of more than 10 points and Curtiss rising 12 points to anew peak. American Smelting also crossed the 200 mark for the first time in its history. Other copper shares were strong, particularly Anaconda. Better prices for the copper metal helped this class. Motor shares were in demand under the lead of General Motors; olis continued to move ahead; mail order stocks were helped by a rise to anew high ground by Montgomery Ward. Describing the market, the Wall Street Journal's financial review said: “Another outburst of speculative enthusiasm marked the opening session of the week. Public appetite for stocks was whetted over the week-end by further indications of business revival, and by optimistic expressions from business leaders. “Buying orders accumulated in huge volume during the two day suspension of trade and prices swept ahead aggressively in the early dealings. General Motors ran up 3”* points to 207’4.”

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings today were *4,680,000. Debits were $7,238,000. ' NEW YORK STATEMENT E,i/ United Press NEW YORK. Mav 14.—Bank clearings today were $599,000,000. Clearing house balance was $131,000,000. CHICAGO STATEMENT B;i United Press CHICAGO. Mav 14.—Bank clearings today were $115,700,000. Clearing house balance was $9,200,000.

In the Stock Market

ißy Thomson & McKinnon; NEW YORK, May 14.—Trade reports from Federal Reserve centers are similar to other weeks with some districts showing better than others. In European markets there is the belief that the New' York Reserve Board will increase its discount rate and cause a drop in the market. This thought leaves the question as to whether any great amount of selling can be looked for from these sources. America ntraders seem to give little thought to this factor preferring to study the profit -possibilities in the shares of companies likely to givi stock rights or where consolidation plans may cause further market appreciation. In this class railroad and public utility shares predominate. The political situation will develop some speed during the next few weeks and give traders additional factors for consideration. However, with Congress adjourning little time remains in which to pass what could be disturbing legislature. For the past month withdrawals from the money markets on Mondays seem to have become a banking precedent and while the moneymarket has righted itself, it should not be forgotten that last week’s 6 per cent rate did not quickly attract funds in volume as heretofore. This could mean that the credit situation is really tightening.

HIGH SCHOOL GIRL, 14. MISSING FROM HOME Disappeared Wednesday After Attending Classes. Til United Pitss HAMMOND, Ind.. May 14.—Police of Chicago and cities of northern Indiana's industrial region were asked today to aid in search for Natalie Forsyth, 14, who has been missing from her home here since Wednesday. Natalie is thfc daughter of Dr. N. E. Forsyth, national director of religious education for the Methodist Episcopal Church. The father was ordered confined to a hospital today by physicians who feared he might collapse. Natalie left her home Wednesday morning for Hammond High School. She attended classes through the day, but failed to return home after school. It was learned the girl had gone to a drug store after leaving school, but police have been unable to trace her since that time. BABES HURT IN CRASH Boy 3, and Sister 1, Bruised When Cars Collide. Jimmy Cook, 3 and Harry Cook, 1, children of John Cook, 2 7E. Eleventh St., were slightly injured when the car in which they were riding collided with one driven by Leroy Lund, 1427 Broadway, at Eleventh and Broadway this noon. The boy was thrown from the car, and both he and his sister were slightly bruised. Neither Coor or Lund was hurt. Seek Jail Breaker pji T'nitcd I*res* EVANSVILLE, Ind., May 14.—Local authorities have been notified to watch for Elmer Harley, 25, Decatur, 111, who escaped from the Tell City (Ind.) jail Sunday afternoon by wrenching a door open with a board. Harley was arrested early Sunday on a charge of driving while intoxicated by Marshal W. J. Wittmer, following a crash with a car driven by John Brown, Battle Creek, Mich.

New York Stocks

' 1 By Thomson Sc McKinnon) —Mav 14— High. Low. 12 Frey. Railroads— Close. Atchison 196'.* ... 194',i 195 Atl C Line 18914 Balt & Ohio 117% ... 116% 116% Can Pac 202% ... 202% 220‘a Chesa & Ohio. .202% 20Hi 202 202*. Chi & Alton 14818 ... 14 131 b Chi &N W 92% ... 92% 92 Chi Grt W 14% ... 14% 14% C R I & P 1201s 120% 120% 119%. Del & Hud 205 Del & Lacka 145% ... 145% 145% Erie 62% ... 62'a 62% Erie Ist pfd 59** ... 58% 60's Grt N pfd 107% 107% 107% 106% 111 Central He Lehigh Valley.. .108% 103% 108% 108 K C South 60 ... ' 60 58% Lou & Nash 158 ... 158 158 M. K& T 38% 38% 38% 38% Mo Pac pfd 122% 120% 122% 122 N \ Central... 189% ... 188% 188 NYC & St L.,146 145% 146 145% Nor Pac 104% ... 104% 103% Nor & West ... 192 !^ Pere Mara 142 141% i42 141% Pennsylvania ... 68 67% 68 67% P & W Va ~159'b ... 157% 156 Reading 117% ... 117 1177, South Rv 162% ... 162% 163*i South Pac 128*. ... 128% 127% St Paul 37% ... 37*2 37% St Paul pfd 49 St L& S W 91% ... 90% 91 St L & S F 120% ... 120% 120% Texas Sc Pac ... HO Union Pac 202% ... 202% 204 West Maryland.. 54% ... 54 53% Wabash 95% 95 95% 94% Wabash pfd 101 Rubbers— A.iax 10 9% 10 9% F*sk 15% ... 15 is Goodrich 90% 90 90'i 90*'Goodyear 54% ... 54% 54% Kelly-Spgfld . .. 22 >2 22 22% 21% Lee 22’t 21 7 5i 22 21 s b United States... 43% 43% 43% 42% Equipments— Am C & F 106 ... 106 105 Am Loco.. 108% ... 108% 108% Am Stl Fd 63% 63% 63*4 63% Bald Loco 264'Gen Elec 171% ... 170 169 J * Gen Rv Sig 93% ... 93% 93% Lima Loco 65*2 64% 65 64 N Y Air Brake.. 45% ... 45% 441 % Pr Stl Car 23% ... 23% 2s Pullman 91% 91% 91* . 9o**i Westingh Airb... 49% 49% 49%' 49% Westingh Elec ..108% ... 108 107% Steels— Bethlehem 62% 61% 62 62 Colorado Fuel.. 75% 75 75 76 Crucible ass'. GuU States Stl. . 67% . '67% 66% Inland Steel ... 57 56% 57 5514 Phil RC & 1... 33% 33 33 32% Rep Iron & Stl.. 61 . . 61 60% S’or s-Sheff joi U S Steel 149% 147% 148*2 148% Alloy 34% 34% 34% 34% Youngstown Stl. 89% ... 89% 89% Vanadium Corp. .. g(jr. g Motors— Am Bosch Mag.. 30 ... 30 39% Chandler 24% 24% 24% 24>Chrysler Corp.. 79% 79% 79 7734 Conti Motors ... 14*4 14*, 14% 14 Dodge Bros .... 18% 18% 18% 18% Gabriel Snbbrs. . General Motors 207 205*.• 206 203 7 a Hudson 91% 91 91 % 90 Hupp 57 56'i 57 56 Jocdan 13 ... 12% 13 Mack Trucks .. 88*, 88% 88*2 88 Martin-Parry.... 17% 17', 17*, 16% Moon ...... . 10>a 10% 10*2 9% Motor Wheel ..36 ... 35 36% £ SR , h 91% ... 91% 91% Packard 72% 71 72*2 70% Peerless 20 ... 20 20 Pfiffe 35% 34% 35% 35% Studebaker Cor 67% 67*2 673, 67% Stew Warner .. 98% 98 98 97% btromberg Carb. 67% ... 67% 85 Timken Bear .... . 127% Willy.s-Over and. 24% 24 243. Z 4% .9°. ach ••• 3 8° 37% 38 38% White Motor ... 35% ... 35% 35% Mining— Am Smlt & Rfg 195 192% 195 191% Anaconda Cop... 72 ... 71% 71 I Calumet Sc Ariz 104% ... 103*2 102 ; Cerro de Pasco.. 68% ... 68*2 68 Chile Copper .. 42% ... 42*2 42% Greene Can Cop 123% 124 125 172% ! Inspiration Cop 23 ... 22% 22% ! Int ..ickcl ..... 94% 94*, 93 Kennecott Cop 69% 89% 89% 88% I Alagma Cop ... 49% 49% 49*% 491,! Miami Copper ... “ 1931 Texas Gulf Sul. 72% '72 72 U S Smelt 46 45% 46 44*2 Oils— Atlantic Ref 133% ... 130% 132% I Cal Petrol ", 3ft* Frecport-Texas .. 74% ... '733. 731. Houston Oil 152% ... 152 HB% 1 Indp Oil & Gas. 29% ... 29% 29 ! Marland Oil ... 41*2 ... 41 40*2 Mtd-Cont Petrol 32% 31% 32 31% Lago Oil & Tr. 38*4 ... 38*4 37% ! gan-Am Pet B 51% ... 51*4 50% Phillips Petrol. 42% 41% 42 42 Pro & Rfgrs ... 24% ... 23% 24*4 Union of Cal .. 53*2 ... 43', 53% Pure Oil 24 1 , . . 24% 21% Royal Dutch ... 54% 54% 54% 543. Shell 29*2 29*, 29*. 29% Sinclair Oil 29% 29 29% 29% Skelly Oil 33 32 % 3.1 32% Std OH Cal .... 62 ... 61% 61% Std Oil N J 46', 46*4 46% 46 Std Oil NY ... 39% 38 39 38% Texas Corp 64% 63% 64 63*2 Transcontl .... 9 8% 9 8% White Eagle ... 25 ... 25 25% Industrial*— Ady Humely ... 36 ... 36 35*,2 Allis Chalmers .127% ... 127 127 Allied Chemical 163 167% 168 166* • Armour A 17% 17% 17^ Amer Can 953, 941; 941. 9 = Am Hide Tea .. 8 ... . 13 Am H L pfd ... 56% ... 56% 55% Am Linseed .... 98 ... 98 97% Am Ice 39% 39% 39% 39 Am Wool 22% ... 22% 22% Curtis 156 146% 156 146 Coca Cola 171*4 169% 111 169% Conti Can 11434 ... 114*2 113 Congoleum 303, 29% 30% 29% Davison Chem .. 52% ... 52 51 Du Pont 398 ... 390 394 Famous Players. 129% 129% 129*2 129% Gen Asphalt ... 92% 90% 92*2 89% Int Bus Mch ...129 ... 129 129 Int Cm Engr ... 63% ... 62% 62 Int Paper 86% 85% 85% 83% Int Harverter 256*2 Lambert 118 117% 117% 117% Loews 75% 74% 74% 74% Kelvenator 19 18% 19 19 Monlgom Ward.. 157% 153 157 153% Natl C R 59% 58% 59% 58% Pittsburgh Coal 46 Owens Bottle ... ... 87% Radio Corp ....211 206% 210 205% Real Silk 27% 26 27% 26 Rem Rand .... 32% ...33 3 , 31% Sears-Roebuck .106% 104% 106 1033, Union Carbide ..157% ... 157% 157% U S Leather 50 ... 49% 49% Univ Pipe 32% ... 31% 23% U S Cs Ir Pipe.. 265 ... 265 266 U S Indus Alco. .119% 118% 119 118% Wright 200*2 191% 200 190 Woolworth Cos ..193 192 193% led Utilities— Am Tel & Tel ...196% ... 196% 196*2 Am Express 181% Am Wat Wks... 67% ... 67% 66 Brklyn-Manh T 73’, Col G & E 115% 115*% 115% 114% Consol Gas 169 167% 169 164*4 Elec Pow Sc Lt... 44% 44% 44% 44% Interboro 55 ... 55 54*4 Nor Am Cos 78's 78 78 76%, Nat Power 35% 35% 3574 35% Peoples Gas ... .. . ... 179 So Cal E 51 ... 51 50% Std Gas & El.. 73% 73 73% 72% Utilities Power .. 41% ... 40% 39% West Union Tel 165 Shipping— Am Inti Corp... 98 96% 98 96 Am Ship & Com 5% Atl Gulf & W 1.. 54% 53% 54 52 Inti Mer M pfd.. 4.3*4 42% 43 42 s , United Fruit ....143 ... 144% 144',i Foods— Am Sug Rfg ... 72% ... 72*8 73 Am Beet Sugar.. . ..... ..... 15% Austin Nichols... 7 3 s 7% 7% 7% Beechnut Pkg ..... *B% California Pkg... 76% 76% 76% 76% Corn p roducts.. 80% 80 30*4 80 Cuba Cane Su p. 28% ... 28% 28% Cuban Am Sug... 21% ... 21% 21 Fleischmann Cos.. 74% 73*2 74 '/„•. Jewel Tea 113 Jones Bros Tea.. 31% ... 33*1 32 Natl Biscuit ....168*2 ... 138% 169 • Nat Dairy 86*2 85 86*i 84% Postum Cos 123% 123 123*4 1227Ward Baking 8.. 20% ... 26% 25% Tobaccos— Am Sumatra .... 5574 ... ' 55-.4 5a% Am Tob B ... ... 16274 Con Cigars 87*4 ... !’'** • General Cigar ... 67% ... 67*4 63 Lig & Meyers.. .. Lorillard 31% 31% 31% 31% R J Reynolds 132 ... 131% 132 Tob Products B 11374 ... 113% 1*2% United Cigar St 30*, Schulte Ret Sirs 64% ... 63% C3% SHOOTS GIRL DUE TO BROKEN ENGAGEMENT Marion Rider Escapes at Greensboro —Miss Helen Reddick May Die. Bn United Press GREENSBORO, Ind., May 14. Marion Rider, thought to have been enraged as being rejected as a lover, shot and probably fatally wounded Miss Helen Reddick, 23, and slightly wounded Miss Viola Ratliff, 16, here today. Rider escaped. Miss Reddick, it was said, broke her engagement to Rider six weeks ago. He called at the Ratliff home this morning, where she was visiting, and asked for his ring. When she presented it to him he opened fire with a 22-calibre rifle, shooting four times. One bullet hit Miss Ratliff. He also fired a shot at Maurice Ratliff, who attempted to interfere. After the shooting Rider dashed away in his car.

HEAVY PORKERS RISE 10 CENTS AT STOCKYARDS Market Generally Steady to Dime Higher; Calves Are Strong. May Bulk Top Receipts 7. 9.25® 10.70 10.75 2.500 8. 9.25®10.60 10.60 5.000 9.00® 10.35 10.45 6,500 ’O. 8.82® 10.35 10.15 6.500 11. 8.75®) 10.10 10.10 5,500 12. 8.75® 10.10 10.15 2.500 14. Hogs opened the week generally steady to 10 cents higher at the Union Stockyards today, with some 250-350 pound butchers enjoying the best upturn. The top was $10.20 and the bulk weighing 170-250 pounds sold at $lO.lO. Receipts were estimated at 5,000 and there were 1,175 holdovers. * Calves were strong and sheep and lambs steady and cattle steady. The Chicago market opened slow around 10 to 15 cents lower than Friday's best prices. A few sales of good and choice 180-220 pound weights brought SIOOIO.IO. There were 45,000 fresh run animals at the yards today and 4,000 holdovers Packing Sows Quarter Up Advancing evenly 10 cents on the hundredweight. 250-300-pound hogs sold at $9,850 10.20. Material weighing 200-250 pounds was in a wider range selling 10 cents lower and 5 cents higher at $10010.20. With the exception of packing sows, which went up 25 cents to other material was unchanged. Quotations ranged: 160-200 pounds, $9.50 @10.10; 130-160 pounds, $8,757)9.25, and pigs, 90-130 pounds, $5.5008.50. Cattle prices were steady with beef steers selling at sl2*7/13.35. Cows brought sß@ll, and low cutter and cutter cows weit $5,507/7.40. Bulk stock and feeder steers sold at j $7.50 0 9.50. There were 600 head received. Calves Strong Best vealers sold at $14.507/15.50. i up 50 cents on the low end of the j range in a strong market supplied with 500 animals. Heavy calves I brought s7Oll, unchanged. Sheep and lambs were unchanged; with the top standing at sls. Bulk fat lambs were $13014.25, and bulk culls, $BOll. Bulk fat ewes went at $6.5008.50. Some springers sold at $16.50 down. —Hogs— Receipts. 5,000; market steady to higher 250-350 !£ s $ 9.85® 10.20 200-250 lbs 10.00® 10 20 160-200 lbs 9.50® 10.10 130-160 lbs 8.75® 9.25 j Packing sows B.oo® 9.00 j -CattleReceipts. 600; market steady. Beef steers $12.00® 13.35 ' Beef cows B.oo® 11.00 Low cutters and cutter cows.. 5.50® 750 Bulk stock and feeder steers.. 7.50® 9.50 —Calves— Receipts. 500; market strong. Best vealers $14.50®15.50 Heavy calves 7.00® 11.00 —Sheep and Lam— Top fat lambs .*.515.00 Buk fat lambs 13.00® 14.25 Bulk cull lambs B.oo® 11.00 Fat ewes 6.50® 8.50 Spring lambs 16 50 Births Girls William and Grace Alburtis. 830 N. j Delaware. Samuel and Pansy Henderson. 914 Chadwick. Phelander and Minta Oldham. 2408 Oxford. Sanford and Rebecca Poore. 151 McLean. Howard and Lola Smith. 1606 Churchman. Ralph and Lilly Lee. city hospital. Ralph and Margaret Sternberger, eitv hospital. Benjamin and Mary Strattan, ctiv hos- I pital. Harry and Eleanor Wvlev. 2418 Wheeler. ! Arthur and Martha Robinson, 68 Whit- I tier PI. George and Hazel Anderson, 1147 Centennial. Bov* Howard and Beula Day, 330 N. Chester. John and Coatney, Harding. 519 W. j Thirteenth. Roy and Sylvia Sims, 539 Division. Harold and Erma Hiner, 904 N. Tacoma. Charles and Pearl Storey. 530 S. East, j Frank and Kathryn Wilmoth, 62b N. ' Alabama. Hiram and Louise Phillips, 1643 Centen- ! nial. , | William and Margaret Campbe.l. 1119 Olive. Archie and Florence Burdine, 537 Concord. John and Katie Clifton. 3430 Kenwood. William ar.d Nora Draper. 1105 Haugh. Paul and Lillian Clark. 1829 S. New. Harry and Katherine Schornstein, 521 Carlisle PI. Dale and Thelma Goens. eitv hospital. Fred and Vela Scot. 4027 E. TwentyEighth. Carl and Edna Thompson. 611 N. Denny. Walter and Zella Floe. 3722 E. Robson. Deaths Emma Truelove. 70, 3445 Boulevard PL. chronic myocarditis. Ada M. Corley. 34. Methodist Hospital, gastric ulcer. Thomas G. BauTord, 36, St. Vincent Hospital. influenza. Donald Phifer, 1. Riley Hospital, acute neohritis. Fannie Strauss 62. 36 McLean chronic nephritis. Gertrude Elizabeth Henry. 49. St. Vincent Hospital, lobar pneumonia. Mary Quinn. 34. Methodist Hospital, pulmonary embolism. Flossie Oliver. 38. 112 N. Noble, pulmonary tuberculosis. Maud Powers. 41, Methodist Hospital, endocurditis. Charles Sigelove. 43 Central Indiana Hospital, general paralysis. Isabel Isbell. 75. Christian Hospital, hypostatic pneumonia. Leah Jane Mull. 75, 2537 Ashland, cerebral thrombosis. Charlie Henry Armour. 2. 1421 N. Arsenal. broncho pneumonia. Thomas Johnson, 1. 320 Toledo, acute cerebrltis. Infant Ratz, 7 days 2500 Churchman, at Da?e aSl Clay. 32. 423 S. Arlington, meningitis. George Shcplt. 63. city hospital, lobar pneumonia.

LETS PAVING CONTRACT Board Accepts Bid of 583,000 for Street Improvement. Contract to widen and resurface north Delaware St., from Ft. Wayne Ave. to Sixteenth St. was let to the Indiana Asphalt Company today by the board of works on recommendation of City Engineer A. H. Moore. Cost of the improvement is $83,000. Th° street will be widened to fifty feet. Work probably will not be begun until after the Indianapolis Speedway races to avoid traffic congestion. Fire Department Faces Quiz IIH United Press KOKOMO, Ind.. May 14.—Prosecutor Homer R. Milller announced here today that he will investigate charges brought by Charles Etchison, former city fireman, that there was “much drinking and gambling” in the fire department. Charges were brought by Ettchison as a result of his attempt to regain his position on the force after being ousted by the mayor because he “talked,” according to Etchison.

THE INDIANAPOLIS TIMES

Indianapolis Stocks

—May 14Bid. Ask. Amer Central Life 600 Belt R R & S Yds com 70 72 Belt R R & S Yds pfd 60 Central Ind Power Cos pfd 100% 102* • Circle Theater Cos com 102% 110 Cities Service Cos com 68% ... Cities Service Cos pfd 103* 2 ... Citizens Gas Cos c0m.... 56% 57% Citizens Gas Cos pfd 102 103% Commonwealth Loan Cos pfd.. 102 Equitable Securities Cos com.. 45 50 Hook Drug Cos com 31 Indiana Hotel Cos som 125 Indiana Hotel Cos pfd 101% ... Indiana Service Corp pfd 94 Indianapolis Gas Cos com .... 62 Indpls & Northwestern pfd... 15 Indpls P and L 6*/ 2 s pf% 106 107 Indpls P & L 7s 102 103% Indpls Pub Yel Ln Assn 47% . Indpls St Ry Cos pfd 33 35% Indianapolis Water Cos pfd...103 Interstate P S pr lien pfd.... 106 110 Interstate P S C 6s pfd 97% 100 Merchants Pu Utilities Cos pfd. 101 North Ind Pub Serv Cos pfd.. 102*% 103% Northern Ind Pub S Cos 7s 112 116 Progress Laundry Cos com 29% ... E Raugh & Sons Fert Cos pld. 50 ... Real Silk Hos Cos pfd “Standard OH of Indiana 81 T H I As E Trac Cos com 1 T H I & E Trac Cos pfd 11 T H Trac &Lt Cos pfd 92% 98 Union Trac Cos com % Union Trac Cos Ist pfd 1 Union Trac Cos 2na pfd % Union Tit e Cos com 70 Van Camp Pack Cos pfd 7 Van Camp Prod Ist pfd 98 101 Van Camp Prod 2nd pfd ... 90 98 •Ex-divtdcnd. —Bonds— Belt R R & Stk Yds Cos 4s 92 Broad Ripple Trac Cos 5s ... 81 Central Ind Gas Cos 5s 100 Central Ind Power Cos 6s ....104 Chi S B & N Ind Rv 5s 17% ... Citizens Gas Cos 5s 105 108 Citizens St RR 5s 89% 91% Gary St Ry 5s 90 93 Home T * T of Ft. Wayne 65.. 103 Indiana Hotel Cos 5s 101 ind Northern Trac Cos 59 6 Ind Rv & Lt Cos 5s 98 Ind Service Corp 5s 8 Indpls Power and Lt Cos 55... 101 102% Ind Union Trac Cos 5s 3 Indpls Col <fc So Trac 6s 102 Indpls Gas Cos 5s 102% 106 Indpls Sc Martins Trac Cos ss. 35 Indpls North Trad Cos 5s 14 Indpls Sc Northw Trac Cos bs. 35 Indpls St Ry 4s 67% 68% Indpls Trac & Term Cos 55... 96*2 97*2 Indpls Union Rv 5s 102% ... Indpls Water Cos 5%s 104 105 Indpls Water Cos Ist 5s 100 Indpls Water Cos 4%s 98 ino Indpls Water Sec Cos 5s 98 99% Interstate Pub SCo 4%s 92% ... Interstate Pub S Cos 6*28 105% ... Nor Ind Pub Serv Cos 5s 102 T H I Ss E Trac Cos 5s 60 T H Tr Sc Lt 5s 98 Union Trac of Ind Cos 6s 14 15% —Liberty Bonds— Liberty Loan Ist 3%s 100 44 100.64 Liberty Loan Ist 4%s 101.72 101.92 Liberty Loan 2d 4%* 100.12 iOO 32 Liberty Loan 4th 4%s 102 52 102 74 U S Treasury 4%s 114.62 114.82 U S Treasury 4s 109.62 109.82 U S Treasury 3%s 106.90 107.10 U S Treasury 3*85 191.90 102.10 —Sales--54.000 Citizens St R R 5s 89% j

Produce Markets

Butter /wholesale price)—No. 1. 46®.48c; No. 2. 44® 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. 274/32c: print cream, 25®27c; flat display. 26®27c: Longhorn, 26%@37c; New York limberger. 30% ® 32c. Eggs—Buying prices: Fresh, delivered at Indianapolis, loss off. 26® 27c doz Poultry /buying pricer—Hens, 21®22c' lb.; Leghorn hens. 18®20c; 1928 spring 1% to I*4 lbs.. 32® 35c; 2 lbs. and up. 35®37c' Leghorns. 28® 30c; old roosters. 10® 12c; ducks. 15c; geese. 810 c; guineas, old 33 35c young 50c.

In the Cotton Market

<Bv Thomson Sc McKinnon/ NEW YORK. May 14.—1 t would be foolish to Jump to the conclusion that these Texas rains insure a big crop. They have temporarily relieved a situation ln one big State, which was threatened with crop disaster. There is a point at which trade buying will check the present liquidation. We must look for it We have in mind a price a little above 20 cents it// T nited Press NEW YORK. Mav 14—Cotton futures opened lower. July $20.85. off ,20cOctober $20.78. off .26c; December. $20.68'. off ,20c; January. $20.62. oft .18c; May $21.20. off ,13c.

Local Wagon Wheat

Local grain elevators are paving $1.82 for No. 2 red wheat. Other grades are purchased on their merits.

ASK NEW RING RULE Plan Proposed to Place Mayor in Charge. Appointment of a boxing commission by Mayor L. Ert Slack to replace the present city council commission was proposed today by Councilman Robert E. Springsteen. Springsteen, chairman of the council boxing committee, said he probably will sponsor a revised ordinance which will give the Mayor authority to name the commission. "The council is a legislative body and should not be charged with such duties as regulating ooxing matches in my opinion,” Springsteen declared. "I am in favor of the city regulating boxing matches, but not of collecting a 5 per cent tax. It seems to me that a good license fee would cover the needs very nicely," the chairman said. The legal department is expected to be asked to draw anew ordinance to replace the present measure which is being attacked as illegal. CLAIMS ‘BRIBE’ STOLEN Held Up by “Stool Pigeon," Court Is Told. Charges that he was held up at the point of a gun and relieved of SBO. later claimed to be a bribe, by a prohibition “stool piegon,” were made in Federal Court today by John Stanloy, former of 46 S. West Street. Stanloy was sentenced to thirty days in jail on his plea of guilty to liquor charges. He told Federal Judge Robert C. Baltzell that Charles R. Nugent, 943 Massachusetts Ave., who recently finished serving a jail term on charges of impersonating a prohibition aent drew a gun on him several months ago, demanded SBO and later claimed the money was given him by Stanloy as a bribe. KING PRAISES SOVIETS Afghanistan Ruler Leaves Russia With Entourage for Crimea. P.U I iiit ed Press LENINGRAD. Russia. May 14. King Amanullah of Afghanistan left for the Crimea with his entourage Sunday after an extended visit to Moscow and Leningrad. He was accompanied by high Soviet officials on his departure. During his visit here Amanullah inspected factories and schools, attended the local mosque and visited Kronstadt naval base. He praised the soviet regime warmly.

WHEAT FUTURES LEAD DOWNTURN IN CHICAGO PITS Major Grain Closes Lower After Passing Saturday's High. Bn United Press Chicago, May 14.—Breaking late in the day, after attempts of shorts to cover had sent prices above Saturday’s close, wheut closed with fractional losses on the Board of Trade today. Corn broke with wheat early in the day and held low with reports of favorable planting weather. Oats alsa dropped with wheat. Closing prices were: Wheat, off U@l%c, May losing the most; corn, off 2Vi 02% c, and oats down I%@ 3',2C. Provisions were lower. The market was nervous throughout the day, with rapid price changes. Following an upturn there was a wave* of selling, but later shorts attempting to cover found offerings light and the market went higher, in spite of reports of good rains in Kansas and Nebraska and moisture in the Northwest. Corn ranged about 2 cents and showed little rallying power. The tone was heavy on the dips. Planting has beeen nearly completed, and with good rains, prospects are for a good crop. Oats showed more strength than other grains, due to unfavorable crop news. Rain is needed. Chicago Grain Table —May 14— WHEAT— prev. Open. High. Low. Close. close. Mav.. 1.49*2 1.51% 1.48 1.48% 1 50', July.. 1.50% 1.52% 1.49% 1 SO% •150', Sept.. 1.49% 1.52% 1.49 1.50 1.50', CORN— May.. 1 03% 103% I.oo', 1.01 1.03% July.. 1.06' 2 , 1 OS', 1 03**4 1 03*, 1.06% Sept.. 1.02% 107% 1.01*2 1.04 % 1.07% OATS— May.. .65% .65", .62 .62% .65% July.. .59’; .59% .57 .57*2 59% Sept.. .43*-. .48% .46% .47 .48% LARD Mav. 11.80 11.80 11.77 11.77 11 90 July. 12.07 12.07 11 97 11 97 12.15 Sept. 12 40 12.40 12.27 12 32 '2.47 RIBSMay nominal 12.00 12.00 RYEMav.. 1.33% 1.33% 1.30% 1.30% 1.33", July.. 1.30 1.30% 1.28 % 1.28*4 1.31% Sept.. 120 1.21 1.19*4 1.19*2 1.22 Bn Times Spri inl CHICAGO. Mav 14 —Carlots: Wheat, 53; corn, 112; oats, 83; rye. 0.

The City in Brief

TUESDAY Indiana Federation of State Sisterhood meeting. Claypool, all day. Rebekah Assemb.v. I. O. O. F., Denison. all day. Rotary Club luncheon. Claypool. Universal Club luncheon, Columbia Club. Mercator Club lunchpon. Spink-Arms. Gyro Club luncheon, Spink-Arms. American Chemical Society luncheon. Chamber of Commerce Purchasing Agents’ Association luncheon. Severln. University of Micnigan luncheon. Lincoln. Riverside Civic Association meeting, South Grove clubhouse. 8 p. m. In a 100-mile race of the Indianapolis Racing Pigeon Club from Jeffersonville to Indianapolis Sunday, pigeons of the Rainbow loft of Charles Scliertz and H. N. Gold finished first, third and fourth. Entries of Frank Holtman. 528 N. 'Jacoma Ave., were second and seventh. Preston G. Woolf, son of Mr. and Mrs. Merrit E. Woolf. 4530 Guilford Ave.. a student at the University of Florida, has been elected president of Kappa Gamma Delta, national aeronautical fraternity. The Kiwanis Club will have its weekly luncheon at the Riley Hospital Wednesday. The club's sunshine committee, headed by Frank B. Flanner, will be in charge of the program. Following the luncheon the Kiwanians will inspect the hospital, for the erection of which club members pledged $50,000.

Commission Row

PRICE TO RETAILERS FRUITS Apples—Fancy barrel apples, seasonable varieties. s6@il: fancy basket apples, seasonable varieties. $2.25*/3.23: 40 lbs.; choice box apples, seasonable varieties. $3.754.75. Cherries—California, $4®4.25. 8 lbs. Grapefruit—Florida. $4,754/ 7.50 erte. Lemons—California, *r''4@>7 crate. Limes—Jamaica. S3 pt - 100. Oranges California navels. $5.7509 crate; Florida, ss@9. crate; California Valencias. $4.50497, crate. Pineapples—Cuban. $4.50 crate. Strawberries Alabama. $4,504(5, 24quart case. Louisiana, $3.25<&3.50, 24-pint crate. VEGETABLES Asparagus—Green, Slfti 1.25 doz. bunches, white. 75c. Beans—Southern. $2 hamper. Beets—Texas, $3.50 bushel; home grown. $1.75. Cabbage—Alabama. $6 crate. Carrots—Home grown. $1: Louisiana, $2 crate. Texas. $4. 10 dozen, crate. Cauliflower—California. $2,500 2.75. crate Celery—Florida. $50)5.50 crate. Cucumbers—lndiana hothouse. $1.75 for box of 1 doz. Eggplant—H. 0.. $1.50 doz. Endive—sl.so doz. bunches. Kale—Spring. $1.25 bu. Leek—7sc bunen. Lettuce—Arizona, head. $4 crate: hothouse, leaf. $1.65, 15 lbs. Mushrooms—sl.so4l)l.7s. 3 lbs. Mustard—Southern. $1.75 bushel. Onions—Home-grown, green. 35c doz.: npw Texas yellow. $2.50 crate: Texas crystal wax. $2.75 crate; Texas Berumdas. $2.50 crate. Parsley—soc doz. bunches. Parsnips—Home grown. $1.25 bu. Peas—Mississippi Telephone. $2.5002.75 hamper. Peppers—Florida mangoes. $505.50 crate. Potatoes—Michigan. white. $3 25. 150 lbs.; Minnesota Red River Ohios. $3. 120 lbs.; Idaho, $2.20. 120 lbs.; Texas, new, $4.25 cwt.: Florida Rose, $6.50 bu.. Texas Triumphes. $6.50 bu. Radishes Hothouse, button, 90c@>$l: southern long red. 30c. Rutabaga—Canadian. $2.50 per cwt. Rhubarb—Home grown, 35c a doz. Shallots—soc doz. bunches. Spinach—Texas. $1,350)1.50 bu. Sweet Potatoes—Porto Ricans. $2.75 — ss<®6, repacked 6-basket crate: originals. S3O 4.50. 6-basket crate. MISCELLANEOUS Cider—s4.so 6-gal. case; $4.75 doz. halfgal. jars. Garlic—22c per lb. Sassafras—2s@3oc doz. bunches. Bank of Greece Opens Bn United Press ATHENS, May 14.—The Bank of Greece—the new bank of currency issue—commenced operations today. The opening coincided with a decree for stabilization of the drachma on the basis that 51,212,870 drachma would equal 1,000 grammes of gold. For bills of exchange, the British pound sterling would equal 375 drachmae. .. Falls from House Top Lee Huggins, 42, Negro, 1345 N Senate Ave., fell fourteen feet from the roof of his home, Saturday afternoon. He was not seriously injured.

Final Vote Tabulated in Marion County Primary

Official totals of the vote in Tuesday's primary election in Marion County were available today, the canvassing board having completed its work Saturday night. The offeial count:

Republican

PRESIDENT Herbert Hoover 29.040 James E. Watson 27,706 UNITED STATES SENATOR Arthur R. Robinson 27,133 Solon J. Carter 14,356 Arthur L. Gilliom 12,928 GOVERNOR Charles W. Jewett 19.355 Frederick E. Schortemeier 17,824 Thomas H. Adams 7,955 Alvah J. Rucker 4.455 Frederick Landis 3.144 Harry G. Leslie 2.419 Jesse E. Eschbach 1,493 Ulysses S. Lesh 873 D. Burns Douglass 219 Charles S. Ewrv 208 CONGRESS Ralph E Updike 19.177 Archibald M. Hall 17.674 John W. Becker 4,349 William T. Quilltn 4,021 James R. Norrell 3,111 Earl Dill 2.267 Wallace A. Robertson 2,074 PROSECUTING ATTORNEY Judson L. Stark 27.555 William Henry Harrison 17.712 Charles Mendenhall 4.674 Charles O. Studevent 943 SENATOR Marion County (Four Elected) J. Clyde Hoffman 19.161 John L Niblack 17.139 Winfield Miller 17.036 Robert L. Moorhead 16.932 Russell B. Harrison 15.881 Fred M. Dlckerman 12,592 Carl S. Wagner 11.518 Thomas Harvey Cox 11.181 D Lee Andrews 8.831 Ward B. Hiner 7.989 William H. Hough 4.820 E. Louis Moore 4,630 Jacob Morgan 3.977 Chester A. McKamey 2.447 Herman L. Seeger 2.216 Alphonso F. Burrows 1,696 JOINT SENATOR Marion and Johnson Counties Joe Rand Beckett 26.045 Roy L. Volstad 12,880 STATE REPRESENTATIVE (Eleven Elected) Thomas C. Batchelor 16.813 William Bosson, Jr 16.728 Frank Noll. Jr 15,735 James H. Lowry 15.270 John L. Benedict 15.120 Thaddeus R. Baker 13.370 Llovd D. Clavcombe 12.746 Frank E. Wright 11.648 Henry F. Kottkamp 11.460 John E. King 11.407 T. Markun 11.376 D. F. Smith 10.936 H. Walker DeHaven 10.781 George T. Whelden 10,754 Arthur M. Dinsmore 10.629 Jessie Levy 10.400 Elsa Huebner Olsen 10.375 Frank Be ms 9.943 Ella V. Gardner 9.562 O. F. Smith 8.674 Milton N. McCord 8.154 Harry Delbert Hatfield 8.154 Lawrence A. Shaw 6.845 Edwin S. Mills 6,684 Frank K Miller 6.322 Sanford S. Starks 6.275 James Edwin McClure 5,826 John M. Cavlor 5.766 George A. Hofmann 5,514 C. R. Smith 5.275 Mrs. Gertrude Hlnshaw 4.897 Dr. Foss Schenck 4.789 William J. Heim 4.626 Royal A. Nicholas 4,396 Harry A. Rodman 4.357 William E Henderson 4.308 Elmer E. Houze 4.251 William H. Rodgers 3.895 Arthur G. Gresham 3.848 Harrison White 3.784 Horace H. Garvin 3.553 Morrison K. Campbell 3.386 Harry C. loor 3.321 Earl B. Teckemever 3 024 Joseph Willard Halev 2.646 John E Horton 2.509 Joseph F. Buffer 2.388 Adam S. Larison 2.274 B. Alfred Rnitano 2.268 Maurice D. Pleek 2.183 Charles A. Fissell 2.013 i Samuel T. Harris 1.682 JOINT REPRESENTATIVE Marion and Johnson Counties L. Newt Brown 17,810 Frank E Cline 12.644 Charles M. Clark 8,302 TREASURER O'yde E Robinson 26.360 Frank Cones 20,318 SHERIFF George L Winkler 18.729 Orin E. Davis 8.199 George G. Schmidt 5.559 William Anderson 5.453 Andrew Alexander 3.833 Ben H. Thompson 2,979 Jessie G. Bailey 1,270 Jack Fisher 902 Frank C. Schmclz 893 CORONER Dr. Charles H. Keever 17.232 William D. Beanblossom 9.610 U. B. Hine 8.334 Clarence A. Toles 4.870 Rov Victor Converse 2,858 i Herbert L. Phillips 2.208 ! T Ernest Maholm 2.137 SURVEYOR Paul R. Brown 21.244 I Henry R. Campbe.l 19,734 j COMMISSIONER First District John E. Shearer 19.274 j Seth Cole Klein 13.875 James A. Kink 8,213 COMMISSIONER Second District George Snider 21,478 j William T. Rasmussen 13,638 Alonzo Jeffers 5.134 Harry W. Heath 3,356

Democrat

PRESIDENT Evans Woollen 21,266 j UNITED STATES SENATOR Walter Mvers 16,154 ; Albert Stump 8.131 L. William Curry 1.381 j GOVERNOR Frank C. Dailey 20,146 [ John E. Fredrick 1.868 i George R. Dale 1,148 ! Olin RVHolt 1,011 | Earl Crawford , 914 Samuel B. Wells 511 George E. Hershman 413 CONGRESS Louis Ludlow 16,590 \ Henrv H. Winkler 6,215 Byron Horn 1 879 j PROSECUTING ATTORNEY Raymond F. Murray 17.460 ] Clyde C. Karrer 5,953 SENATOR Marion County (Four elected) Walter O. Lewis 14.712 B. Howard Caughran 13.851 Arch D. Hinch 13,150 Edward O. Snethen 13,130 Christian J. Emhardt 11,819 William A. Arnold 9,176 JOINT SENATOR Marion and Johnson Counties John F. Linder 16,887 Henry E. Lochry 5.103 STATE REPRESENTATIVE (Eleven Elected) Leo F. Welch 13,663 Bess Robbins 11.373 Harry B. Perkins 10,897 Herman F. Backemeyer 10,839 John Bright Webb 10.285 John Lynch 9.822 Robert R. Sloan 9.594 Henry C. Cox 8.772 Howard H. Bates 8.702 Roy T. Mllbourn 8.530 Joseph A, Wicker 8.445 Edward C. Anderson 7,850 Will A. Mason 7,679 Wilfred Bradshaw 7.957 Walter J. Brown 6,265 George N. Burkhart 8,0%

Low-Priced t Stocks \ r-fiveissuesareanalyzedanutheir l :t possibilities pointed out. in our M t. We have no stocks to sell buts end you this report, free, as a I e of our Service, Sign your name I ddress on margin and send to— 1 terican Securities Service % Singer Bldg. Tower, N. Y, %

Charles F. Cook 7.639 William H. Flanders 7,283 John A. Hundley 6.769 William R. Johnson 8.323 Fred Shumi ker Sr 8,177 Silvey P. I ich 8.010 Adolph Zweri.er 5.689 David M. Morris 4,952 JOINT REPRESENTATIVE Marion and Johnson Counties. Michael W. McCarthy 11,873 Charles Murray Clayton 5,383 Tom Peters 5,210 TREASURER Glenn B. Ralston 12.964 E. Kirk McKinney 5.339 Enid Walter NcCord 2.516 Howe Abbott 1.801 Willet A. Judson 866 SHERIFF Charles Sumner 10.513 Alvin Moselv 3,629 Leo J. Walsh 3,019 William C. DeMiller 2,598 Henry Clay Andrews 1.562 John W. Corwin 1.503 William P. Stuck 1.410 CORONER Dr. Robert Dwver 13.571 Walter Blaseng;;m 9.166 SURVEYOR Rush F. Pickens 13,378 Henry B. Steeg 7.302 COMMISSIONERS First District Thomas 11. Ellis 8.180 Joseph E. Wheatley 6.316 John Bolaulcr 5,212 Arthur J. Probst 1,962 COMMISSIONERS Second District Ernest Marker 7.966 James A Kreglo 4,760 John Francis Manning 3,965 Martin Dugan 3,489 John E. Flahertv 2.C13 CHAIN STORES VICTORS Judge Halts Effort to Impose Special Tax. Bn United Press BALTIMORE. Md., May 14,-Tlie chain store method of merchandising won an important decision when Judge Albert A. Daub in the Circuit Court of Allegheny County, Maryland, granted a permanent injunction restraining the enforcement of an act of the General Assembly of Maryland imposing a special yearly tax on chains of five stores or more as being repugnant to the Constitution. In declaring the act unconstitutional. Judge Daub said in part: “It is not shown why the interest of the public, as distinguished from a particular class, requires that chain stores be regulated.” Candidate Face** Trial Bji United Press KOKOMO, Ind., May 14.—Olin R. Holt, Democratic candidate for Governor in the recent primary, will be given a hearing May 22 on charges of public intoxication. Holt was arrested election night. Counsel for Holt said he would plead not guilty.

AMUSEMENTS cß <”,r^&g dTki .ILL THE TIME—I-11 I*. M. ALL-COMEDY WEEK! BILLY GILBERT & CO. JOE DELIER & CO. MASON-DIXON DANCERS RADIOLOGY RF.DFORD & WALLACE FRANK SINCLAIR WILSON-AUBREY TRIO Every Act a Comedy Sensation Daily Organ Recital by RUTH NOLLER. 12:40 P. M. Doors Open 12:30 P. M. ENGLISH’S 8M5 V Matinee Wednesday BERKELL ! PLAYERS j “East Side, West Side” Mtfs: I Mats: 25i*-50c-99c I 25t'*35(’*50c Next Week, ‘A Prince There Was’ AT KEITH’S Love—Romance—Passion The Greatest Play of the Age THE JEST With George Gaui. Marie Adels, Larry Fletcher, William Ingcrsoll Nightly B:3o—Mats.—Wed., Sat., 2:30 ThsSTUART WALKER Company MOTION PICTURES HMWttMM TODAI y JOHN GILBERT “LOVE” GRETA GARBO CONNIE'S BAND STAGE SHOW '' TIKS.-WED.-THI RS. HAROLD LLOVD “SPEEDY” CONNIES BAND NEW STAGE SHOW

(i § JTi*l '.rrir , o\ w* VI/ II I iI /// COMING ' n '" II

MAY 14, ‘l92s

MILL INDUSTRY i IS MENACED DY TEXTILE STRIKE 27,000 New Bedford Workers Protest 10 Per Cent I Cut in Wages. Hortense Saunders went to New Bedford. Mass., to investigate circumstance* of the strike 27,000 textile worker* there. This is the sacond of two article* she wrote for NEA Service and Tho Times. NEW BEDFORD. Mass., May 14. —On the surface, the strike of the 27.000 textile workers here is a local protest against a 10 per cent wage cut. But the result of the conflict may be of far-reaching consequence in all the big New England milling centers and perhaps in the South. In most other cotton milling towns of New England, wage reductions are m effect. But if the New Bedford strikers win their fight, mill workers elsewhere are unlikely to remain satisfied with their lowc -cd pay. More strikes would come. And the New England textile industry already is sorely troubled! Mill workers at Fall River, a lew miles away, which lias been the scene of many a violent and bitter strike In the past, accepted a 10 per cent wage cut. This was in the middle of the winter, after a hard season of unemployment. Advocates of a strike fell just 1 per cent short of the needed two-thirds majority vote. If New Bedford resists a cut successfully, Fall River will sec a swift revival of the controversy. Speaking in behalf of the mill owners, Andrew Raeburn, secretary of the New Bedford Cotton Manufacturers’ Association, said: “The cut was determined upon in an effort to approach the lower wage costs of our competitors. There are, in this country, al?out 150.000 looms for making fine cotton cloth, of which 38 per cent are in New Bedford. To meet competition we felt obliged to reduce wages. “Such cuts have been made in other sections—in Maine. Rhode Island and in parts of Massachusetts, notably in Fall River. In most of these places the wages were lower than in New Bedford by at least 10 per cent.”

MOTION PICTURES ' I wow i/howwHh , v-sSf* , On '"kh,. •\IISS ok the Scrppji^l n t u ß:%'° uvc # Bet>e tCdll Girl" week, of S Dave % JAMES HALL !!,, #£ETL£SZESs Theatrical treat r of 1928 C'mon jollify with Charlie i^piHUIABLUES \ {JkiZLi H CELEBRATING VW^DAVIS iflOOO^Bprforaiaiice 1.009 Laffs! 1.000 Thrills! A Record Uncqualcd and a Record- Knor'iout breaking Comedy Show. Romance with CONRAD NAGEL and MAY McAVOY JHlllllllllllllilllllllllllllllllM iMfiO rmssmsmißEzm^ See uml Hear AL JOLSON In lli* Brilliant Vilapliono Hit “THE JAZZ SINGER” With May McAvoy, Cantor Roarnblatl Vitaphono Movietone Art* New* |'COLONIAL "In MARY PICKFORD I “Little Annie Rooney” Tues., “THE BAT” ■ Price*. Mat. 10c, Ise. Night, 15c, 25© Dnuri Now Flaying | RICHARD BARTHELMESS 4 In His Greatest Achievement 4 “THE PATENT-LEATHER KID” A —Second Feature— VIRGINIA LEE CORBIN I j in ’BARE KNEES” j