Indianapolis Times, Volume 40, Number 3, Indianapolis, Marion County, 15 May 1928 — Page 14

PAGE 14

PROFIT-TAKING STOPS UPTURN IN USTTODAY Monday's Market Duplicated With Trading at Greater Volume.

Average Stock Prices %

Average of twenty industrials Monday Was 220.88, up 15. Average of twenty rails was 147.12. off .24. Average of forty bonds was 28.95, up .01. Bn United Press NEW YORK, May 15.—Stocks moved higher today and then met profit-taking, just as they did in Monday’s session. Toward the close a better tone was noted in some of the issues which had done little of late, while the best gainers lost rather sharply. United States Steel was developing greater strength in the late trading and at the same time wide reductions from their early highs were experienced by the airplane shares, General Electric, Radio and others. Copper issues were strong througnout the day on the rise on export copper. Describing the market, the Wall Street Journal’s financial review today said: • “Stocks absorbed a large volume of profit-taking and professional selling in good style today. Many traders felt the market was entitled to a corrective reaction in view of its substantial advance in recent weeks. “This conclusion was due to considerable liquidation advised by commission houses, but offerings were taken care of without forced recessions in pivotal issues. It was evident that many people were anxious to acquire representative shares on recessions. This demand prevented the reaction from gaining headway. “Money was in comfortable supply at 5 Vs per cent and sentiment regarding the trade outlook was optimistic.”

Banks and Exchange

INDIANAPOLIS STATEMENT B@nk clearings todaj were $4,174,000. Debits were $10,028,000. NEW YORK STATEMENT P." United Press NEW YORK, May 15.—Bank clearings today were $1,601,000,000. Clearing house balance was $124,000,000. CHICAGO STATEMENT Bn United Press CHICAGO. May 15.—Bank clearings today were $137,400,000. Clearing house balance was $10,500,000. FOREIGN EXCHANGE B.n United Press NEW YOFK. May 15.- Foreign exchange opened steai'v. Demand sterling $4.87 13-16, off 3-32; rancs, 3.93 ! /:>c; lira, 5.26%c; Belga, 13.95%c; marks, 23.92 c. LIBERTY BONDS P. 7 United Press NEW YORK. May 15.—Liberty 3d 47is Opened at 100.7, off 1; 4th 4!4s 102.20. TREASURY STATEMENT P,'l United Press WASHINGTON. Mav 15.—'The Treasury net balance for May 12, was $133,150,078.67, Or terns receipts this month to May 12, wire $17,498,8i0.21.

In the Stock Market

(Bv Thomson & McKinnon) NEW YORK, May 15.—For the first time in quite awhile the Reserve Bank members show a decrease in loans to brokers, and this explains to some degree the better supply of call money. However, time money rates remain firm. Today brings distribution of many dividends and a fresh supply of funds, much of which will find its way back into the stock market There is a general belief that the I C. C. may act during the week on the Vansweringen merger plans, and if so the stocks of these and other leading rails concerned in consolidations are likely to receive a good part of traders’ attention. An interesting news item is the Fuscon of rail and airplane interests, to develop a combination rail and aiP transcontinental passenger service. While all companies reporting earnings are not showing an increase over last year’s corresponding period, the proportion of favorable returns is high, and this condition coupled with bullish sentiment should maintain the present market strength. Births Bovs Cleon and Edythe Scott, Coleman Hospital. Dick and Pearl Mussman, Coleman Hospital. . Floyd, and Dorothy Petty, Coleman Hospital. Clauss and Vera Best. Coleman Hospital. Samuel and Viva Cory. 1945 Ralston. Robert and Autumn Phares. 1404 Naomi. Thurston and Ellen Wolfe, 8 S. Euclid. Girls Cedric and Georgia Hobbs, 933 N. Gray. Walter and Lorene Cheek, 1507 S. Pershing. Earl and Margaret Figg. 1536 W. Vermont. . William and Clara Von Weller. 4819 E. St. Clair. John and Edna Brinson, 808 Arbor. Virgil and Edith Nuding, Methodist Hospital. Raymond and Jimple Fox, Methodist Hosoital. Harvey and Josephine Talbott, Methodist Hospital. William and Leota Cummings, 1714 Ingram. . Chester and Maude Robertson. 301 Lynnhurst Dr. Archie and Jessie Gants, 1821 S. KeyDeaths stone. Dorothy Goder, 8. city hospital, diphtheria. Fannie De Hadway. 49, 2142 N. Delaware. cerebral hemorrhage. Hllzabeth Roth, 90, 2007 N. Capitol, arteriosclerosis. Wesley Settle, 42, Long Hospital, acute mastoiditis. Ella Martindale, 74, city hospital, chronic myocarditis. Hurral R. Nixon. 65, 914 N. Pennsylvania. chronic myocarditis. Flora Shepp, 61, 243 Vi Virginia, chronic myocarditis. William F. Bradley, 64, 1331 Congress, chronic myocarditis. Corrine Kennedy, 24, city hospital, meningitis. Emily Ruth Hickey. 36, 909 Main, influenza.

Love Lingers By Times Special COLUMBUS Ind., May 15. Newton M. Abbett, 76, Kansas City, Mo., and Mrs. Ella A. Cook, 74, Bartholomew County, have been married here, despite two divorces each in their pasts. The courts dissolved all of his matrimonial ties, but Mrs. Cook, thrice married, was bereft of one mate by death.

New York Stocks “ (By Thomson & McKinnon)

—May 15Railroads— Prev. High. Low. 12:00 close. Atchison 195% ... 195% 195% Atl Coast Line 189 % Balt & Ohio ...116% ... 116% 116% Canadian Pac ..219 ... 219 219 Chesa & Ohio 202 % Chi & A1t0n.... 12% ... 12% 12% Chi & N West,, 92% 92% 92% 92 Chi Grt West... 13% ... 13% fi3% C R I & P 119% ... 119% 120 Del & Hudson.. .205% ... 205'% 205 Del & Lacka 145 Erie 61% ... 60% 61 Erie Ist pfd ... 58% ... 58% 59 Grt Nor pfd ...108 ... 108 109 111 Central 146 Lehigh Valley ...108 ... 108 107% Kan City South.. 58% ... 58Vi 58% Lou & Nash 158 M K & T 38% ... 38 33 Mo Pac pfd ....121% ... 121 lzl N Y Central 188% ... 187% 188% N Y C & St L ... 144 NYN H & H.. 62% ... 62% 62% Nor Pacific 105% 105 105 104% Norfolk & West .193% 193 193% 193% Pere Marquette 142 Pennsylvania ... 67% ... 67% 67% p & w va ... 15514 Reading 117% 117% 117% ngy* Southern Ry 160',:, ... 160% 161% l Southern Pac ...128% ... 128 127% St Paul 37% 37 37% 37% St Paul pfd .... 48% ... 48% 49 St L& S W.... 89% ... 89% 89% St L & S F 120% 120% 120% 120% Texas & Pac ...138 ... 138 139 Union Pacific 202% ... 202% 203% West Maryland.. 53% 53 53% 52% Wabash ....... 95 94% 95 95 Wabash pfd ... 101 Rubbers—£Jax 10 9% 10 10 Goodrich 89% 89% 89% 89% Goodyear 53% ... 52 53 Xelly-Spgfld ... 21% ... 21% 21% United States’". 43% 111 421’ 43% Equipments— * Am C A r & •• 1061/2 106 1 2 106% Am Locomotive job a. Am Steel p d... 63% ... ’3% 63 Baldwin Loco 264% General Elec ...169 ... is 7 169% Uen Ry Signal.. 91% ... 91 gjv, Lima Loco ..... 64 ~ 64 N Y Air Brake 45% ®5% 45% Pressed Stl Car. 23% ... 23% 23% Pullman 94 93 g 3 1 Westingh Airb.. 51% 51 s?*; j 3 W itee!s— EeC ” 107 ' /4 106% 107% 107% Bethlehem .. .. 62% 61% 61% 61% OniHhS? Fuel ” ZiT* 73,4 743 H% crucible 87Va . R7i. 071. Gulf States Stl. . 87 4 f.h% &st . 1 :; 60, 6014 Jr* Steel 148% i47% i47% 147% Alloy 35 Va . 35 Youngstwn Stl 09% Motirs- COrP " 87!i 8V '* 8V ° Am Bosch Mag.. 30% ... 30% 30 Chandler 25% 25 25% . Chrysler Corp .. 81% 79% 80% 81% Conti Motors .. 14% . 8 14 2 4 Dodge Bros .... 18% is% 18% 18% Gabriel Snbbrs.. 17% .! * n% 17% General Motors 205% 202% 204 204 godson 92 % 92 92% 02 Hupp 59 57 59 57 Jordan 12 , ll 7 * 10u, Mack Trucks ... 88 T 488 Vi 88*2 88V? Martin-Parry ... 17% ... 17% 17% Moon 11% 11 111. i. Motor Wheel ... 36% 36 36% 36% gash 93 1 a 92% 93% 92% Peerless V.V.V.V 21% , 733 ’ l* v > , 74 Studebaker'Cor.’. 72% 71 Vi 72% 2?% ltromberg n< Carb 98 ' 8 98 ’ 8 58 ‘‘ Timken Bear ...128% 1276: Willvs-Overiand. 25% 25% 25% 25% wh?JvT 0 . ach •• 387 • ••• 38% 38% White Motor ~ ... ist/. Mining— ’ J:> 8 Am Smlt"& Rfg.199% 199 199 1931, Anaconda Cop... 74 73% 74 7334 Calumet &: Ariz.lo9% 108% 109% 107% Cerro de Pasco. 72 71% 72 70% Chile Copper .. 44 43% 44 43% Greene Can C0p.133% 132 133 130% Inspiration Cop. 23% 23% 23% 23 Int Nickel ..... 93% 931 2 93, Kennecott Cop.. 93% 92% 93% 92% Magma Cop .... 55% 52 55 51 Miami Copper.. 20 19% 20 19% Texas Gulf Sul. 71% ... 71% 7U 4 U OHs^ nelt 49 ‘ 2 4874 40 ' 2 ... Atlantic Rfg ...131% 130% 131% 131 Cal Petrol 32% 32% 32 32% Freport-Texas .. 73% . 7314 74 Houston Oil ... 148% ... 148% 143% Indp Oil <te Gas 29% 29% 29 29 Marland Oil ... 41 40% 41 40% Mid-Cone Petrol 32 ... 32 32% Lago Oil & Tr.. 37% ... 37% 37% gau-A m Pet B 51 50% 50% 50% Phillips Petrol. 42% 42% 42% 42% Pro & Rfgrs ... 23% 23’i 017, Union of Col ... 35% 53% 53% Pure OH 24% . . 24% 24% Royal Dutch ... 54% ... 54% 544? Shell 29% 29 29% 29>* Simms Petro, ..23% . 23% 23% Sinclair Oil .... 28% 28% 26% 29% Skelly OH ...... 32 . 32 Hu Std Oil Ca! .... 62 61% 62 62% ssrrsv— l2* 46 Std Oil N Y ... 39 ... 3839 Texas Corp .... 65% 65% 65'i 65 Transcontl 8% 8% 8% 8% White Eagle ... . ... ... 8 2 5 Industrials— Adv Rumelv ... 36 ... 36 35% Allis Chalmers .. ... 125* Allied Chemical.l7o'% 167% 170 167% Armour A 17% 16% 17 17% Amer Can 9374 ... 93% 93% Am Hide Lea 131,Am H L pfd ... . . 57% Am Linseed 971, Am Safety Raz. 64 ... 64 66 Am Ice 40 ... 4039 - Am Wool !.. ... 32% Curtis . 164'% 161 Vi 164'% 159% Coea Cola 177% 177 177% 176% Conti Can 110% 110 110*4 110 Congoleum 30 29% 30 30 Certain teed 53 Davison Chem 51% Du Pont 397 ... 397 395 ‘ Famous Players.l29% ... 129 129'% Gen Asphalt ... 91% 91% 91'% 91% Int Bus Mch ..13274 129% 132 129 Int Cm Engr .. 657, 64% 64% 64'% Int Paper 84*4 83'% 84 84% Int Harvester .258% ... 258% 256'/ 8 Lambert 119% ... 118% 118% Loews 74% ... 74 74% Kelvinator 19% IS’/* 18% 19 Montgom Ward .355 154% 155 154% Natl C R 59% 59 59% 59% Pittsburgh Coal 50% 50 50% 49% Owens Bottle ..89 ... 89 88% Radio Corp 206% 203% 204 204 Real Silk 27 ... 27 26% Rem Rand ..... 32% 31% 32 31'/a Sears-Roebuck 1047 a ... 104 104'% Union Carbide ..157% 157 157 157% U S Leather 49% ... 49% 48% Unlv Pipe 23% ... 23% 23% U S Cs Ir Pipe 26474 U S Indus Alco. .117% ... 117 117% Wright 208 203 203 197 Woolwortl* Cos ..193% ... 19374 193% Utilities— Am Tel & Te1...197% ... 197% 196% Am Express 190 Am Wat Wks 66 Brklyn-Manh T 72% Col G& E 116% 116% 116% 11574 Consol Gas 166 165% 166% Elec POW & Lt.. 45% ... 45% 45 Interboro 55 Nor Am Cos .... 77% ... 77 77 Nat Power 36% ... 36% 36% Peoples Gas 179% So Calif 53 52% 52 51% Std Gas & El.. 72% ... 72% 72% Utilities Power.. 41 40% 41 40V4 West Union Tel 163 Shipping— Am Inti Corp ...105% 103% 105 103 Am Ship & Com 5% ... 5% 5*4 Atl Gulf & W I 54 ... 53% 53% Inti Mer M pfd 43'/* ... 43% 43 United Fruit ...145 ... 14s 143% Foods— Am Sus Rfg.... 73% ... 73 73 Am Beet Sugar 15% Austin Nichols. 9% 9 9 8% Beechnut Pkg .. 78V4 ... 78*4 7974 California Pkg.. 76% ... 7674 76% Corn Products.. 81% ... 80% 81% Cuba Cane Su p 28% Cuban Am Sug ... 21 Fleischmann Cos. 7474 73% 74 73% Jewel Tea 111*% ... 111% 111% Jones Bros Tea 30 74 Natl Biscuit ....16774 ... 16774 168 Nat Dairy .... 88 87% 88 86% Postum Cos 124% ... 124% 124 Ward Baking 3.. 25% 25% 2TOj 25% Tobaccos— Am Sumatra... 56 ... 56 55% Am Tobacco ....161% ... 161% 162 Am Tob B 160% ... 160% 161% Con Cigars .... 87% ... 87% 87% General Cigar 67% Lig & Meyers..loo% 110 100% 100% Lorillard 32% 31% 32% 32 R J Reynolds... 131% ... 131% 131% Tob Products 8.112% ... 11274 113% United Cigar St 30*4 3074 3074 30 V. Schulte Ret Strs 63% ... 6274 63%

W. C. T. U. WAGES WAR ON TAG’ ADVERTISING Bartholomew County Organization Enlists School Board in Fight. By Times Special . COLUMBUS, Ind., May 15. Through the city school board here, the Bartholomew County W. C. T. U. is making an effort to have cigaret advertising barred from the Literary Digest, weekly magazine of national circulation used in high school civics and history classes here and elsewhere in the country. Mrs. Marshall Smith, chairman of the W. C. T. U. narcotics committee, is leading the fight on the fag publicity. She declares it is the only objectionable feature of the magazine. She declares the organization is particularly opposed to pictures of girls smoking cigarets.

PRICES CUT 35 CENTS IN PORK PENSATYARDS Other Divisions Steady With Higher Receipts Throughout Here Today. May Bulk Top Receipts 8. 9.25#10.60 10.60 5.000 9. 9.00® 10.35 10.45 6,500 10. B.B2fi> 10.35 '10.15 6,500 11. 8.75® 10.10 10.10 5,500 12. 8.754710.10 10.15 2.500 14. 8.754/10.20 10.20 5.000 15. 8.50# 9.75 9.85 8.500 Hogs slid downward generally 35 cents on the hundredweight at the Union Stockyards today, with receipts mounting, estimated at 8,500. The top was $9.85. There were 662 animals held over. Other divisions presented fairly steady tones with higher receipts. The Chicago market was sluggish, opening slow, with no early sales. Most bids were 10 to 15 cents lower than Monday’s average. Material weighing 290-300 pounds brought bids of $9.90. Receipts numbered 23,000 and there were 11,000 holdovers. All Weights Down Heavy meat animals, weighing 250-350 pounds, dropped 35 to 45 cents, going at and material in the 200-250-pound class was off 25 to 35 cents at $9.75''? 9.85. Lightweights, 160-200 pounds, sold at $9.25#9.75, down 2T to 35 cents. Animals weighing 130-160 pounds brought evenly 25 cents lower, and pigs were off a quarter at $7.25*? 8 25. Packing sows lost the same, selling at $7.75^8.75. Cattle were generally steady, with receipts figured at 1,400 head. Beef steers were up 15 cents on the top at sl2© 13.50 and cows were unchanged at s3# 11. Low cutter and cutter cows went at while bulk stock and feeder steers brought s7.so''i 9.50. Calves Strong to Up Best vealers sold at advancing 50 cents on the top in an otherwise steady market, supplied with 1,200 animals. Heavy calves brought s7© 11. Sheep and lambs were generally steady, with two changes, one up and the other down. The top was steady at sls. Bulk fat lambs sold at sl3© 14.50, up a quarter on the top and fat ewes lost a quarter on the high end of the range, selling at $6.508.25. Bulk cull lambs were unchanged at sß© 11. A few springers were in the pens at $16.50. Receipts were 300. —Ho**— Receipts, 8.500: market, lower. 250-350 lbs $ 9.504? 9.75 200-250 lbs 9.754/ 9 85 160-200 lbs 9 254? 9 75 130-160 lbs 8 50/1, 9 00 90-130 lbs 7.25'-/ 8 25 Packing sows 7.75® 8.75 -CattleReceipts. 1,400: market steady. Beef steers $12.00® 13.50 Beef cows 8.006/11.00 Low cutters and cutter cows.. 5.50'-/ 7.50 Bulk stock and feeder steers.. 7.50# 950 —Calves— Receipts. 1,200; market strong and higher. Best vealers $14.50 16.00 Heavy calves 7.00# 11.00 —Sheep and Lambs— Receipts. 300; market steady. Top fat lambs $15.00 Bulk fat. lambs 13.006/14.50 Bulk cull lambs 8.00A11.n0 Fat ewes 6.5067.8.25 Spring lambs 16.50 '

Other Livestock Bii United Press CHICAGO. Mav 15.—Hors —Receipts. 23,000: market mostly 10® 20c lower than Monday's average; light hogs showing the most decline; top $lO paid for choice 180220 lb. average: butchers, medium to choice. 250-350 lbs.. $9.15® 9.75; 200-250 lbs., $9.25® 10; 160-200 lbs.. $8.40'/?10: 130160 lbs.. $7.85® 9.75; packing sows. $8.40® 9.10: pigs, medium to choice 90-130 lbs.. $6.75® 8.50. Cattle—Receipts. 9.500. Calves —Receipts. 3.000; fed steers very slow: killing quality much plainer: market about late Monday's 10®25c lower trade; best heavy steers. $14.85; light yearlings. $11.75® 13.25. Slaughter, classes, steers, good to choice 1.300-1.500 lbs . $13.10® 15; I. lbs.. sl3® 15; 950 lbs.. $12.75® 15: common and medium 50 lbs.. s9.so®> 13.25; fed yearlings good to choice 750950 lbs.. $12.75®)i4.50: heifers, good to choice 50 lbs. down. $12.50® 14; common and medium. $8.75® 12.25; cows, good to choice. s9® 12; common and medium. $7.50® 9: low cutter and cutter. $6.25# 7.50: bulls good and choice (beef) s9® 10.75: cutter to medium. $7.50®9.25; vealers. good and choice. $12.50® 15.50: medium. $11#12.50: cull and common. sß® 11: stokers and feeder steers, good to choice (all weights) $11.50®!12.75: common and medium, $9.25?//11.50. Sheep—Receipts, 15.000; better grade short lambs and springers mostly steady quality and sorts considered on new crop lambs; sheep slow about steady: wooled lambs practically absent; feeding spring lambs scarce; slaughter classes, spring lambs, good to choice. $17.25®18.2K; medium. $15.75# 17.25: cull and common. $13.25®15.75; lambs, good to choice 92 lbs. down. sls?// 16.65; medium. $13.75#15.25; cull and common. $11.50® 13.75; medium to choice 92-100 lbs.. $13#16: ewes, medium to choice, 150 lbs. down. $6.25@9; cull and common, $2©7.25. Bn Times Special LOUISVILLE. May 15.—Hogs—Receipts. 8001 market 15® 35c lower; best heavy and medium hogs, 175 lbs. up. s9® 9.75; pigs and light, 175 lbs. down. $6#8.30: throwouts and stags. $6.75#7.35. Cattle Receipts. 100; market steady: prime heavy steers, $12@13; heavy shipping steers. sll ®l2; medu'm and plain steers. $9.50# 11; fat heifers $8.50?<i13; choice cows,, $9.50?/ 10.75; med/um to good cows. $7?/t9.50; cutters. $5.50®>7: canners. $5?fi5.50: bulls. $6 #9.50; feeders. $9®>11.50; Stockers, $8.50® 11. Calves—Receipts. 300; market steady; good to choice. $10.50?/? 12.50; medium to good, [email protected]: outs. $8.50 down. Sheep—Receipts. 300; market steady; spring lambs. sl6?//18; best fed lambs. sl4®>ls; seconds. $8#11: sheep. $6 #8.50. Monday’s shipments; Cattle, 253; calves, 933: hogs, 1,450; sheep, 333. ft.u United Press EAST BUFFALO. May 15.—Hogs Receipts. 800; holdovers. 1.164: market steady to weak: pigs 25c up; 250-350 lbs., $9.90# 10.50; 200-250 lbs.. $10.35® 10.60: 160-200 lbs., $10?// 1C.60: 130-160 lbs.. $9#9.25; 90130 lbs., $8.50?//9; packing sows. $8®8.75. Cattle—Receipts, 300: calves, receipts 200; market steady; calves steady; beef steers. $11.50#14: light yearling steers and heifers, $12.50®14’. beef cows, ss®7; vealers, $15.50® 16. Sheet)—Receipts. 200; market steady; bulk fat lambs, $16#16.25; bulk cull lambs, [email protected]; bulk fat ewes. [email protected].

WAMSLEY RITES SET Minister’s Wife Will Be Buried Wednesday. Funeral services for Mrs. Mary J. Wamsley, wife of the Rev. E. S. Wamsley, 548 E. Thirty-Ninth St., will be held at the home at 3 p. m. Wednesday, followed by burial at Crown Hill. Mrs. Wamsley died at her home suddenly Monday. She is survived by her husband, son, Wilbur Wamsley, New York City, and three daughters, Mrs. J W. Hoffmeister, Minneapolis, Minn.; Mrs. Rex Campbell, Denver, Colo., and Mrs. F. H. Walz, Chicago. SUGAR OPENING Pin United Press NEW YORK, May 15.—Sugar futures opened lower. May. 2.57, bid; July. 2.70, off .01: September. 2.81, unchanged: December, 2.89, off .01; January, 2.81, off .01; March, 2.77. unchanged. There is a ring belonging to an English nobleman in which the place of honor, formrely occupied by a diamond, is given to a human tooth. It cost $3,750 and was the tooth of Sir Isaac Newton.

THE INDIANAPOLIS TIMES

Produce Markets

Butter (wholesale price)—No. 1. 46®:48c: No. 2. 44 (a 45c lb. Butterfat (buying price)—4s#46c lb. Cheese (wholesale selling prices, per pound'—American loaf. 32®35c: pimento loaf, 34@37c: brick loaf. 326/35C; Swiss. 39ft(42c: Wisconsin fat. 274/ 32c: print cream. 256/ 27c: fiat display, 264/ 27c; Longhorn. 2674@27c; New York limberger. 30% til 32c. E ;gs—Buying prices: Fresh, delivered at Indianapolis, loss off, 256/26c doz. Poultry (buying price)—Hens. 214/22c; lb.: Leghorn hens. 186/20c; 1928 spring. 174 to 1% lbs., 32® 35c- 2 lbs. and up. 356/ 37c: Leghorns. 28®30c; old roosters. 106/12c: ducks. 15c; geese. 8# 10c; guineas, old 33 Si 35c young 50c. P.n United Press NEW YORK. May 15.—Flour—Dull and lower Pork —Dull. Mess —$32.50. Lard— Easy. Midwest spot—sll.9s® 12.05. Sugar —Raw, quiet; spot 96 test delivered duty paid. 4.46 c: refined, quiet; granulated, 5.95 6/6c. Coffee —Rio No. 7 on spot, 15%c; Santos No. 4. 236'// 23%c. Tallow—Quiet, special to extra, 8%?/8%e. Hay—Steady; No. 1. $1.25; No. 3. 85c'./$1.05; clover, 75c '//sl.lO. Dressed poultry—Easy; turkeys. 254/ 46c; chickens. 26?/45c; broilers. 40,/ 50c; capons, 364/.53C; fowls. 14'-t3lc: ducks. 154/18c; ducks. Long Island, 21c. Live poultry—lnactive and nominal; geese, 10c: ducks, 1524 c; fowls, 206/28c; turkejs, 20'u 30c; roosters, 14c; chickens. 184/33c; broilers. 204/ 53c. Cheese—Steady; State, whole milk, fancy to specials, 29%'</30c; young America, fresh 256/ 26c. Potatoes—Long Island, $1,754/3.75; Jersey, basket. 50® 75c; southern. $2,256/5; Maine, $2 354/3.60 Bermuda, $3.50® 6. Sweet potatoes—Jersey, basket. 75c'//$3 50; southern, basket, $24/ 2 25. Butter—Firm: receipts. 20,052; creamery, extra. 45%c; special market 4S',/4C‘.,c. Eggs—Unsettled; receipts. 70,695; nearby white fancy. 35'//37c: nearby State white. 304/34%c; fresh firsts. 29',/30c; Pacific Coast. 29® 39c; western whites, 30'-/37%c; nearby browns, 30'//36%c. flu United Press CLEVELAND. Mr.y 15.—Butter—Extras in tub lots. 46%6/48'%c: extra firsts. 434/ 45c; seconds. 39</41c. Eggs—Extras. 34c; extra firsts. 32c; firsts. 29%6/30c; ordinaries. 28 %c. Poultry—Heavy broilers, 42 , 45c: Leghorns. 37ft40c; heavy fowls. 276/ 28c: medium stock. 27® 28c; Leghorns. 23 ®24c: old roosters. 164/17c; ducks. 254/ 28c. Potatoes—lso-lb. sacks, round whites. Michigan. $2 654/2 75; Wisconsin. $3: Minnesota. $2 904/3: 110-b. sacks. Idaho russet Burbanks. $2 354/2.50; Florida. Hastings. $54/ 5.25 barrel; extras 100-lb. sacks. $3.50. POWER, LIGHT PAYHEAVILY Indianapolis Company’s Gross Is $8,794,207.36. The Indianapolis Power and Light Corporation and its subsidiary, Indianapolis Power and Light Company. both sudsidiaries of the Utilities Power and Light Corporation, report ret earnings for the year ended Dec. 31. 1927, amounting to $4,252,668.28 before deduction of fixed charges such as interest on funded and unfunded debts. Gross revenue for the year totaled $8,794,207.3<Nand expenses, $4,541,539.08. After fixed charges and other deductions have been made, the net income of the Indianapolis Power and Light Corporation and earnings applicable stock owned by it. before Federal income tax and reserves for renewals ar . amounts to $1,800,234.12. Total assets for the year are $63,101,633.70. During the year, the company has acquired the remainder of the outstanding stock of the Indianapolis Light and Heat Company and all the outstanding stock and property of the Merchants Heat and Light Company. The assets of these companies have been taken over by the Indianapolis Power and Light Company and the former companies have been liquidated. The company now controls the entire electric light and power industry, with the exception of furnishing electric energy for street railways and interurban traction, for all of Indianapolis and the remainder of Marion County. Os the 5,809 stockholders of the corporation, 1,028 are in Indiana.

Local Wagon Wheat

Local grain elevators are paying SI.BO for No. 2 red wheat. Other grades are purchased on their merits.

Commission Row

PRICE TO RETAILERS . FRUITS Apples—Fancy barrel apples, seasonable varieties. $5.50?/11.50; fancy basket apples, seasonable varieties. $2.25® 3: 40 lbs.; choice box apples, seasonable varieties. $3.50® 4.75. Cherries?—California. $4?//4.25. 8 lbs. Grapefruit—Florida. $6?/7.50 crate. Lemons—California. $7.50® 9 crate. Oranges—California navels. $5.50® 8 crate; Florida. $5?/i9. crate: California Valencias. $5.50®8 crate. Pineapples—Cuban. $4.25®4.75 crate. Strawberries—Alabama. $4.25#4.75 crate. 24-quart case $6. Tennessee. $6. 24 quart. VEGETABLES Asparagus—Green. [email protected] doz. bunches, white. 60c. Beans—Southern. $2 hamper; Valentines, $3 hamper. Beets—Texas. $3.50 bushel. Cabbage—Mississippi. $5.50 crate. Carrots—Home grown, $1; Louisiana. $2 crate. Texas. $4. 10 dozen crate. Celery—Florida, $5.50 crate. Cucumbers—lndiana liothhouse, $1.75 for box of 1 doz. Eggplant—H. G., $1.50 doz. Endive—sl.so doz. bunches. Kale —Spring, $1.25 bu. Leek—7sc bunch. Lettuce—Arizona, head. $4 crate; hothouse. leaf. SI.BO. 15 lbs. Mushrooms—sl. 1% lbs. Mustard—Southern. $1.25 bushel. Onions—Home-grown, green. 35c doz.; new Texas yellow. $2.50 crate: Texas crystal wax, $2.50 crate; Texas Bermudas. $2.25 crate. Parslev—soc doz. bunches. Parsnips—Home grown. $1.25 bu. Peas Mississippi Telephone. $2.50 hamper. Peppers—Florida mangoes. $5 crate. Potatoes—Michigan, white. $3.10 150 lbs.: Minnesota Red River. Ohios. $3. 120 lbs.; Idaho. $2.75. 120 lbs.; Texas, new. $4.25 cwt.: Florida Rose, $6.25 bu.: Texas Triumphes. $6.50 bu.; Alabama Triumphs, * 4 Radishes—Hothouse, button. 90c: southern long red. 30c. Rutabaga—Canadian. $2.50 per cwt. Rhubarb—Home grown. 35c a doz. Spinach—Kentucky. $1.35 bu. Sweet Potatoes—Porto Ricans. $2.25 hamper. .... , . Tomatoes —$5 repacked 6-basket crate; originals, $3®4.50. 6-basket, crate. MISCELLANEOUS , ~ Cider—s4.so 6-gal. case; $4.75 doz. halfgal. jars. Garlic —California. 25c lb. Sassafras—2sc doz. bunches. COTTON OPENING lt.n United Press NEW YORK. Mav 15. Cotton futures opened about steady. May. 21.07. up .01; Julv. 20.80. off .01; October, 20.75, unchanged: December. 20.64, up .03: January. 20.50, up .04; March, 20.59, up .04.

MUNCIE COUPLE BOUND AND ROBBED IN HOME Two Unmasked Bandits Take S3BO After Death Threat. By Times Special MUNC'E, Ind., May 15.—Two unmasked bandits bound Mr. and Mrs. Lewis Fostel in a second floor room of their home here Monday night and robbed him of S3BO. “We’ve been tipped off that you got lots of money and we want It or we will kill you,” the bandits threatened. One of the robbers called at the home in Postel’s absence Monday afternoon and inquired as to the price of a wagon advertised for sale. Both came back at night, forced their way into the house while covering the couple with revolvers and then carried out the robbery.

GRAIN FUTURES RECORD BETTER TONE AT CLOSE Wheat Gains More Than 2 Cents; Corn and Oats Follow Lead. Bn United Press CHICAGO, May 15.—A better feeling prevailed in all grains toward the close on the Board of Trade today, and gains were recorded. Wheat led the upturn with corn and oats following. Liquidation in corn has apparently ended. Closing prices were: Wheat up 2% to 2~h cents; corn, 1% to IIA1 l A cents higher; and oats unchanged to 1% cents higher. Provisions were sharply higher. Wheat was hesitant today after Monday’s decline. It opened lower on reports of rain over the belt, but buying developed on the dips and the grain rallied. There was no real firmness displayed and the tone was heavy. A little hard and durum was reported for export. Liverpool was strong as compared to the decline here. May corn was under $1 today for the first time in months. The dip came when rains and prospects of rain were reported. There was no disposition to rally. Oats dropped although cash houses did some buying. There was some selling of July against purchases of September. * Chicago Grain Table WHEAT— prev Open. Hißh. Low. Close, close. Mav.. 1.49 1.51* i 1.49 1.51*2 1.48% July.. 1.49% 1.53% 1.49% 1.52% 1.50% Sept.. 1.50 1.537 a 1.49% 1.52% 1.50 CORN - Mav.. 1.00% 1.02% .89% 1.02% 101 July.. 103% 1.05% 1.02% 1.05% 1.03% Sept.. 1.03% 1.06% 1.03% 1.06% 1.04% OATS May... .62% .63% .62% .63% .62 7, July... .57% .57% .56% .57'i .57% Sept... .46% .48% .46% .47% .47 LARD— May. Nomina! 11.87 11.77 Julv. 12.00 12.00 12.00 12.10 11.97 Sept. 12.32 12.42 12 32 12.40 12.32 rid;— Mav. Nominal 12.00 12.00 RYE— Mav.. 1.30% 133 1.30% 1.33 1.30% Julv.. 1.28*2 1 30% 1.28 1.30% 1.28% Sept.. 1.18 1.21% 1.18% 1.21 1.19*.a Hu Times S pee ini CHICAGO. Mav 15.—Carlots: Wheat. 68 corn. 139; oats. 164; rye. 2.

The City in , Brief

WEDNESDAY EVENTS Grand Lodge, I. O. O. F., meeting, I. O. O. F. Bldg., all day. Indiana Industrial Lenders’ Association convention. Lincoln, all day. Indiana Federation ol State Sisterhood meeting. Claypool. all day. Klwanis Club luncheon. Rilev Hospital. Lions Club luncheon. Lincoln. Purdue Alumni Association luncheon, Severln. Master Plasterers’ Association luncheon. Severin. Limbda Chi Alpha luneheon. Board of Trade. National Association of Cost Accountants. Indianapolis Chapter, dinner, 6:30 p. m.. Chamber of Commerce. Alpha Eta Pi meeting, Lincoln, 7:30 p. m. Master Barbers’ Association meeting, Severin, 8 p. m. Police today attempted to learn whether an H. W. Porter -tver lived at 227 N. Capitol Ave. Police at Dayton, Ohio, found a man sick at the Union Stock Yards there and took him to a hospital, where he disd. A letter addressed to H. W. Porter, 227 N. Capitol Ave., dated May 1, was found in his pocket. Accused of signing another woman's name to credit slips at two downtown stores for S7O worth of purchases, Virginia Allison, 525 N. New Jersey St., was charged with forgery today: She declared the woman had given her permission to use her charge account. Governor Ed Jackson has received a r?quest from L. A. Pittenger, president of Ball Normal College at Muncie, for a picture of the Governor to be placed in the corner stone of the new Burris School, which will be put in place May 16. Boys between 10 and 18 may still enroll in the free swimming classes at the Y. M. C. A. More than 1,285 have taken advantage of the Learn to Swim campaign this week. Enrollments close tonight, “Y” authorities stated. PURE OIL OPTIMISTIC Better Year Ahead, Says President Dawes In Annual Report. Bp Times Special CHICAGO, May 15.—Indications that the oil industry will be able to operate on a more stable and reasonable basis in 1928 than was possible last year are reported by Henry M. Dawes, president of the Pure Oil Company, in making public the results of the company’s operations for the fiscal year ended March 31, 1928. Lov; prices prevailed for petroleum products reduced the company’s net income available for surplus and reserves to $13,031,361 compared with $18,976,268 in the preceding year, but net current assets on March 31 stood at $24,012.931, an increase of $9,100,843 for the year. Building Permits Warmatf. Blteratlons ’ 1128 • _ H. T. Moner, dwelling and garage, 347476 Gardner. $3,300. John G. Cornett, store front, southwest corner and Ninteenth. $1,300. Charles L. Peggs, iddition. 926 Livingston. S3OO. Mrs. L. Strashurr. porch, 4501 N. Meridian. SI,BOO. „ C. F. Smith, dwelling. 1629 Comer. SI,OOO. Grace V. Losbrook, apartment, 5742 E. Washington. $35,000. L. P. Davis, dwelling, 579 S. Leeds. SI,BOO. Ominn & McCoy, dwelling and garage. 9 N. Moreland. $3,000. Ronard R. Scott, dwelling and garage, 930 E. Fifty-Eighth. $7,000. Dayton Gee. addition, 2638 N. Linwood. SI,BOO. , Albert Glidden. heating plant, 1910 E. Washington. SBOO. . Chester W. Cones, dwelling and gaarge, 6031-33 College. $6,100. E. M Carson, dwelling and garage, 491012 Kenwood. $8.500. Jacob Kurtz, dwelling and garage. 308 Blue Ridge. $7 000. C. L. Stration. dwelling and garage, 5761 N. Delaware, $6,000. A. C. Zaring, fan room, 2741 Central. S6OO. Chinese “Y” Building Safe News that a Y. M. C. A. building at Tsinan, China, gift of Arthur Jordan of Indianapolis, was not damaged during sharp fighting between Chinese anc. Japanese troops near Tsinan last veek has been received here. .

Wants White House

’ iHf 7 * . . < ; ' j ' J | •— ** ... , .

Herbert “Harmony” Herrick, presidential candidate of the “Harmony Alliance,” and his wife, Mrs. Anna Herrick, are pictured here in front of their Winchendon, Mass., home. If Herrick is elected, he will establish at the White House “a special office for women to confer with the presidentress.”

ATHEIST CHIEF FACES PRISON Heckler of Roach Straton to Be Sentenced. P.n United Press NEW YORK. May 15.—Charles Lee Smith, president of the Association for the Advancement of Atheism, may have to spend three years in prison for attempting to undermine the Christian faith of the Rev. John Roach Straton, famous fundamentalist. Smith will be sentenced Monday. His offense against the clergyman consisted of sending him literature on birth control, and atheism. Straton declared that Smith persisted in writing to him after he had demanded that the correspondence be discontinued. The specific charge under which Smith was convicted was misdemeanor. Smith said he wrote to Dr. Straton to protest against the preaching of Uldine Utley, 14-year-old evangelist. He was told by Dr. Straton that he would “have to correct statements against Uldine or answer for them,” he said. “Why did you think Dr. Straton interested in birth control pamphlets and atheist literature?” the court asked. “It was just propaganda,” Smith replied, “I wanted to convert the leader of the opposition which would be a great advantage.” Discusses Women's Education By United Press BLOOMINGTON, Ind., May 15. “Stiffening up of the work and establishing of scholarships women are two main trends in the university at present,” Agnes E. Wells, dean of women at Indiana University, said in an address here before sorority house presidents and representatives of the Association of Women Students. “University authorities are working on the reorganization of curricula for the purpose of giving greater freedom of choice, especially to the junior and senior students. The system of reading for honors is an evidence of this tendency,” the dean declared. AMUSEMENTS

WHERE r jrm ALL. THE TIME—I-11 P. M. ALL-COMEDY WEEK! BILLY GILBERT & CO. JOE DELIER & CO. MASON-DIXON DANCERS RADIOLOGY REDFORD & WALLACE FRANK SINCLAIR WILSON-AUBREY TRIO Every Act a Comedy Sensation Daily Organ Recital by RUTH NOLLER, 12:40 P. M. Doors Open 13:30 P. M.

THE JEST With George Gaul—Marie Adels Larry Fletcher Wm. Ingersoll AT KEITH’S THEATRE Nightly 8:30-Mats.—Wed., Sat., 2:30 TheSTUART WALKER Company

ENGLISH’S B G : H , t 5 ly Matinee Wednesday BERKELL PLAYERS BY RON* “East Side, West Side” Nites: I Alats: 2Bc-80c-99c I 25c-35c-50c Next Week. ‘A Prince There Was’

Choo Plate P.p United Press LEXINGTON, Ky., May 15. —A. G. Bush, veteran railroad engineer, leaned out of his cab and sneezed. His false teeth fell to the ground beside the track. Half a mile farther down the track he managed to stop the train, which is on the Hodgenville and Elizabethtown road, and backed up to the spot where he lost his teeth. After a search the missing plate was founc.

ELECTRIC CORPORATION BONDS OFFERED TODAY Halsey, Stuart of Chicago to Sell §3,268,000 of Indiana Electric. Bn Times Special CHICAGO, May 15.—Public offering is being made today of an issue of $3,268,000 Indiana Electric Corporation first mortgage (and refunding) bonds, at 100 and interest, by Halsey Stuart & Cos. The bonds are guaranteed both as to principal and interest by the Central Indiana Power Company. The Indiana Electric Corporation owns a super-power electric generating plant with an installed electrical equipment of 75,000 kilowatts, located on the Wabash River in the heart of the Indiana coal fields, immediately adjoining its own coal lands of approximately 3,300 acres proven area. The corporation also owns a 132,000 volt high tension transmission line, extending from its jiiant to Indianapolis, a distance of eighty-five miles. The plant and lines are connected with the distributing system of subsidiaries of the Central Indiana Power Company, which owns practically all the outstanding capital stock of the corporation. MOTION PICTURES

| iSKOURAS PUBUX THEATRES n n I llllllllllllllillllllllllllllllllllllllllllllllllillllililiiiilill II lEarr fw^nnm •f *3IH Another wow showwith MISS /shr ,h^ e L., \ in everythillifL W * y •p d ßSw*/ Belie 'S/Daniels CjV*kSO-SOGlri' week, or e rv % With Dave % JAMES lIALL There’s 50% Laffs .3 irninniinl * nvf ' ' C’mon Jollify with Charlie BLUES \ dsjKiJ a CELEBRATING KW^IMtVIS . lOOO^Performaiice 1.000 Laffs! 1.000 Thrills! A Record Unequaled and a Record- Knockout breaklrg Comedy Snow. Romance with CONRAD NAGEL and MAY McAVOY

s Now Playing 1 RICHARD BARTHELMESS H H in His Greatest Achievement ll U *’THE PATKNT-LEATHKR H # —Second Feature— VIRGINIA LEE CORBIN B

COLONIAL Con l!n ou - Today “THE BAT" Greatest Mystery Picture Tomorrow i Rudolph Valentino In “THE SON OF THE SHEIK’’ Prices, Mat. 10c, 15c. Night. 15c. 25c —

MAY 15, 1028

VISIONS BREAK IN SOLID SOUTH ON WET CHOICE Smith Will Be Fatal, Bishop at Methodist Parley Intimates. BY IRWIN I. FEMRITE United Pres* Staff Correspondent KANSAS CITY, Mo„ May 15. The solid south, caring more for it’s Volstead Act than for its Democratic tradition, will be “smashed” if the Democratic party selects a “wet candidate” for its presidential nominee, Bishop James Cannon, Jr„ Washington, D. C., believes. Bishop Cannon, one of the leaders of the southern branch of the Methodist Episcopal Church, addressed the Methodist conference here and brought into the open for the first time the political sentiment which has developed in the convention over the prohibition issue, Drys Can’t “Sell Souls” He did not once mention the name of Governor A1 Smith of New York, but several times he became so personal in references to candidates that Smith’s name was whispered by attending delegates. “How can the Democratic party make ‘privilege and corruption’ the great issue in a campaign in which the dry element in the party would sell its very soul by agreeing to support and help elect any man whose only hope for election would be that his personal, as well as his official record, would be so wet that it would obtain the votes of wet Republicans,” asked the bishop. Bishop Cannon said high officials of the Roman Catholic church hac. taken a stand against prohibition, and their attitude was bound to be reflected in the many loyal sons who serve as Government officials, high or low. Davis, Bryan, Too Good Dr. Clarence True Zilson, general secretary of the board of temperance, prohibition and public morals.mentioned Governor Smith by name and expressed the wish Smith had been nominated in 1924. “I wish we had let the Democrats nominate A1 Smith on a wet platform last time. Davis ana Bryan were both too good to waste on the situation, or to have suffered such a defeat. It would have been better for the public to have Smith, the wet, the Tammany heeler, and the nullifier of his country’s Constitution, get a defeat of about twelve to fifteen million votjes.” Receiver Named for Packers By United Press NOBLESVILLE, Ind., May 15. Frank Inman, has been appointed receiver for the George Van Camp & Sons Company, one of the largest packers of canned products in central Indiana. His bond was fixed at $20,000. The appointment was made on petition of Charles Copeland, who alleges the company is insolvent. Drug Stores Sell Only Drugs NEW YORK, May 15.—German drug stores sell only pharmaceutical supples and do not operate as “department stores”—not even selling sodas—according to a delegation of twenty-two pharmacists who are studying chemical laboratories here. Shovel Reveals Old Well By United Press VALAPARAISO, Ind., May 15. While digging a cellar for a basement here workmen ran a steam shovel into a brick wall that later proved to be the wall of an oldfashioned well.

MOTION PICTURES

D. W. GRIFFITH’S “DRUMS OF LOVE" With MARY PHILBIN On Stage HARRY FOX in “Pepper Pot Revue” with Ross & * Edwards, Collins & Brown, Emil Seidel, others. f j Prices: 25c tt a. m.-l p. m., 35c 1 to 6 p. m. 50c Evenings. Children 35c. NEXT WEEK: SAFETY WEEK, featuring King Vidor’s “The Crowd”

“It’s the Talk of the Town”

IFOUNIM^SOUARF *eagntr*aacr-?raj-xa-x--af?i-z-:-.i

Complete New Show Today Today—Wednesday—Thursday On The Screen HAROLD LLOYD In “SPEEDY” New h —T ra vclogut On The Httifre CONNIE'S BAND Jimmie Hatton Pat Lane PattrlOge Dancers And Other Classy Acts Note:—Stage Show Nites only Matinee Dally

APOLLO TMS WEEK ONLY See and Hear AL JOLSON In Ills Brilliant Vltaphone Hit “THE JAZZ SINGER” With May McAvoy, Cantor Rosenblatt Vltaphone Movietone Acts News