Indianapolis Times, Volume 40, Number 4, Indianapolis, Marion County, 16 May 1928 — Page 14

PAGE 14

STOCKS FORCED LOWER BY HIGH PROFIT-TAKING Airplane and Many Motor Shares Hit New Record Levels Earlier.

Average Stock Prices

Average of twenty industrials Tuesday was 219.52. oft .36. Average of twenty rails was 146.41. oft .71. Average of forty bonds was 98.93, up .02. Bn United Press NEW YORK, May 16.—Stocks were forced to absorb heavy profittaking which turned the entire list lower late in the day after many issues had been buoyant in the early dealings on the New York Stock Exchange today. Airplane shares soared to record levels, several of the motor shares, notably Studebaker. also made sharp advances. General Motors, Radio and a few other leaders, however, made little progress. In the late trading the selling gathered momentum and even the airplane issues dropped abruptly. American Telephone and Telegraph also lost ground following announcement of additional stock offering to present holders. Steel reviews were less eccuraging and the Street was looking with greater alarm than ever to the weekly meeting of the Federal Reserve Bank and the weekly brokerage loan statement, both due Thrust’.ay after the close

Banks and Exchange

Tfi-ASUEY STATEMENT i’v TJnitid Press WASHINGTON. Mav 16.—Til- Treasury Tiet balance fir M.-v 14 was 5128.332.171 23. Custom re-einT, this month to Mr.j 14 were $19,147,637.85. FOREIGN EXCHANGE F.’i United Press NEW YOR::.. May 16.—Foreign exchange opened steady. Demand sterUne. 54.87 13-16: francs. 3.93%c; lira, 5.25%c: balßa. 13.96 c; marks. 23.02 c.

TWO FIREMEN, ONE COP APPOINTED BY BOARD Mayer, Safety Group Blake Lengthy Investigation of Records. Mayor L. Ert Slack has adopted the practice of personally interviewing applicants before they are named to the police and fire departments. Slack spent several hours Tuesday afternoon in conference with the board of safety on the appointment of two firemen and a policeman. Th,e mayor and board members check records of applicants and their recommendations in the closed-door session which lasted until late in the afternoon. Frank M. Callahan and Roy Howard, Negro, were named on the fire department, and Warren Daily was appointed a patrolman. All are Democrats. “I like to meet them and give them my ideas of what city employes should do,” Slack said. MRS. RINIER DIVORCED Judge Grants Pica With Alimony of $3,000. Mrs. Margaret Rinier, 3540 N. Meridian St., has been granted an absolute divorce from Attorney George C. Rinier by Superior Judge Joseph Milner. Mrs. Rinier was granted S3.CC3 alimony, SI,OOO payable at cnce and the balance SSO a month. Pays for Funeral Trips B'i Times .Special SOUTH BEND, Ind., May 16. Mrs. Mary E. B. Miller, wfeo was buried in tiie city cemetery here March 3, provided for payment of .these who followed her body here from Buffalo, N. Y„ to attend the funeral, her will just filed for probate in Euffalo reveals. She was a daughter of Mr. and Mrs. Alexander Fertrand, pioneer South Bend residents. \ School Honors Founder B/i Times .Special TERRE HAUTE, Ind’., May 16. Rose Polytechnic Institue held its annual exercises today in honor of its founder. Chauncey Rose. Asa part of the program, a bronze tablets- will be dedicated to Anton and Herman Hulman, donors of the land on which the school’s buildings are Icrated. Births Bovs •Tohn and Lena V/elsiffor, 815 N. La Salie. Herbert and Zona Limpus. 1349 S. Lindley. Maurice and Laetitia Jansen, Osteopathic Hospital. James and Fannie Hodges, 2365 Southeastern. Robert and Dora Harritt. 2116 N. Wallace. John and Helen Crawford, 1180 Kentucky. Robert and Elizabeth. Wroblcwski, 2014 N. Temple. Girls Carl and Annabelle Waggoner, 566 Traub. Oscar and Margaret Parker, 1312 W. Market. Twins Edward and Thelma Miller, 1868 S. East. girls. Deaths ■ Warren O. Reed, 46, 750 N. Belmont, ■coronary thrombosis. ■ Della Flick, 26. Lons: Hospital, acute ■myocarditis. r Charles Barnett, 5.4 1140 E. Market, encodarditis. Agnes Jones Poole, 18. Central Indiana Hospital, hypostatic pneumonia. „ Russell Heckman, 2 mo.. Rilev Hospital, Ipsy-itonitis. p Emeiie Louise Kipp. 52, St. Vincent Hospital. toxic goiter. Walther Lieber. 33. Methodist Hospital, general septicaemia. Donald Poole. 7. city hospital, accidental. Theodore Edwards. 22. 968 N. Traub. pulmonary tuberculosis. William Arthur Edwards. 52, 4810 Washington Blvd.. carcinoma. John Franklin Baldwin. 50. 319 Ridgcview Drive, sarcoma. Mary Inez Thompson, 46, 2055 N. Delaware. thyrotoxicosis. Bertha Effinger, 47. Methodist Hospital, carcinoma. George A. Nighbert, 43. 838 College, pulmonary tuberculosis. Lawrence Towne. 21 days. Riley Hospital. prematur birth. Francis M. Howard. 84. 1313 University, broncho asthma. Clara Neiman Porter. 52, 312 W. ThirtyNinth. carcinoma. Hetna Dry. 31, 818 Maple, lobar pneumonia. Angelina Floral Schmartz, 65, 239 E. South, mitral regurgitation. Mlcnael O’Brien. 58, city hospital, acute dilatation of heart. Infant Mahan, 1 hour, city hospital, premature birth,

New York Stocks ““(By Thomson & McKinnon)

—May 16Railroads— Prev. High. Low. 12:00. close. Atchison 195% 195% 195% 195% Atl Coast Line . .188 ... 188 185% Balt & Ohio 117% ... 117 117% Canadian Pac ..218% ... 217 1 i 218% Chesa & Ohio .198’- ... 198',2 200 Chi & Alton 12% ... 12% 12% Chi & N West 92 Chi Grt West.. 13% ... 13% 13% C R I <fc P 118% ... 118% 118% Del <S: Hudson ..210 ... 208% 207% Del & Lacka ...146 ... 146 145% Erie 58% 58 58% 57% Erie Ist pfd ... 57% ... 57% 57% Grt Nor pfd 108% 111 Central 146 Lehigh Valiev ..108% 108% 108% 108% Kan City South.. 59% 58% 59 57% Lou & Nash 157 MK & T 37% 37% 37% 38% Mo Pac pfd . ..121% ... 121% 121 1 - N Y Central ...186% 185 186 187 N Y C & St L 140 NYN H & H.. 62% 62% 62% 62% Nor Pacic ... ... 104% Norfolk & West. 192% 192% 192% 193 Pere Marquette. .. ... ... 141 Pennsylvania ... 67% 67% 67% 67% P & W Va 153 ... 153 154% Reading ... 117% 116% ,117% 116% Southern R.v 162 'Southern Pac ..127% ... 127% 127'. St Paul 37% ... 37% ... St Paul nfri 48% ... 48% 43', St L & S W /. 89% St L * S F 119% ... 119% 119% Te-as fr. Pac ...139 ... 139 139% Union Pacific ..201% .. 200’, 202', West Maryland.. 51% 51% 51% 52‘ Wahash ... 94% Wabash pfd 101 Rubbers— Aiax 9% ... • 9% 9% Fisk 15 ... 14% 14% Goodrich 99% ... 88% 89% Goodyear ks ... .42% 53% Kelly-Spgfld ... 21% 21% Lee 22% 22% 22% 22% United States... 44 43% 44 44 Equipments— Am Car & Fdv .105% ... 105% 105%. Am Locomotive .107% ... 107% 103 Am Steel Fd 63 ... 63 63 Baldwin loco ..260 .. 250 2 54% | General Elec ...167% 166% 137% 115% ! Gen Ry Signal.. 91% ... 91% 90% Lima Loco 62 ... 62 62% N Y Air Brake.. <*4% ... 44% 4'% Prssed Stl Car. 2’’% 2% "3% Pullman 93% 93 93 92% Westingh Air B. 51 50% 50% 50% Wcstingh Elec. .105% 105 105% 105% S*e's— Bethlehem 65% 62 65 61% Colorado Fuel .. 7.4 74% 74% 74' 1 Crtaib'e *6% ... 86% 86% Gulf st-tes Stl. 66% ... 66% 66% Tnl-nd Steel .. 57% ... 57% 57% Phil RC* I . 34% 3 4 .)<% 31 Pen Iron & Stl. 61% 60 61% 60% S’oss-ShefT ... . 119 U S Steel 138% 147% 118 146% Mlo" 34% ... 34% 34% Youngstwn Stl. 89% ... 89% 80% Vanadium Corp. .. ... ... 87 | Motors— Am Bosch Mag. 31% 30 31 29% Chandler 2% 24% 24% 24% Clirvsler Corp.. 80' • 79% 79% 80% Conti Motors .. 13% . . 13% 14 Dodge Bros .... 21 19% 20% 19% Gabriel Snbbrs ... 17% General Motors .201', 20'% 202% 2<"' ■ Hudson 95 90 91 93 % Hupp 60 59% 60 59% •lordan 12% ... 12% 12 Mac’: T-ucks . . 83% 83 88% 83% Martin-Parry .. 17% ... 17’, 17% Moon 10% ... 10% 10%, Motor Wheel ... 3’ 34% 35’. 35% Nosh 96’, 93 94% 96% Packard 80% 79 go 7.5% p-e-l-ss 21 1 ■ 20% 21% 20', Paige 37 36% 36*’ a 35’, studebeker Cor. 81 70% 79 77% Stew Warner.. 97% ... 97% P7' . Rtrombe-g Cart 67 Timk-n Boer ...131% 130', 1.31 12.9% Wi'lyo-O'-erland 27 25' . 25% 25 Yellow Coach.. 39 38'. 38’, 38% White Motor ... 33 35% 25% 35% Mining—--4m Suit i- Rfg 197% 198 106% 137% Anaconda Cop.. 73% 72% 73 73 Calumet & Ariz.lo7% .. . 107 107 ’., C"rro de Pasco. 71% 71% 71% 71% Chile Cooper .. 44% 44% M Greene Can Cop 129’, ... 123% 130’ 1 Inspiration Cop. 23' . 23%. 23% Int Nickel 92% M% 93 9'% K"inecott Cop. 95% 97% 92% 93 Magma Cop .... 55% 58% 54% 55 Miami COPP'".. 21% 21 2'% 20% Texes Gulf Sul. 70% 70% 70% 71% U S Smelt 49% 49 49% 49 Oils— Atlantic Rfg ...131% ... 131 130% Cal Petrol 31% Freeport-Texas.. 73 70% 70% 72% Houston Oil U. 8% ... 148 148 Ind Oil & GaJ.. 23% ... 28%. 28% Norland Oil 40% ... 40% W% Mid-Cont Petrol 82%, 32% 32% 32 Logo Oil A- Tr.. 37% ... .37 37 Pen-Am Pet <B) 50% ... 50% 50% Philips Petrol. . 43% ... ‘’2% ■'2% Pro A Rfgrs... 23% ... 23% 23% Union es Cal... 53% . 53 % 53* . Pur? Oil 24* 24% 2 % 25% Royal Dutch .. 54 ... 51 .54% Shell 29% 29% 29% 20% Simms Pet rol .. 2.1 ... 23 23 Sinclair Oil ... 29% ... 29% 28% S'c"llv C l 32 ... 33 32 Sid Gil Ca' 61% ... 61% 61% Std Oil N J 46% ... 46% 43' , Std Oil N Y 38% . . 38% 31', T.’xas Corp 61% 64% 61% 64% Transcontl 9% 3% 9 9 White Eage 25 Industrials— Adv Rur.iciv .... 37 3C% 37 30% Alii, Chalmers .126% . . 126% 126 Allied Chemical 173' , 171% 173 111 Armour (A) .... 17% . . 17% 16% A.ner Can 62% 91% 92% 93% Amcr H L pid . . *•• 54 Amec Linseed ..106% 104 10a 103 Am Safety Rez.. 63 02% 6.7 63 Ar.lCl' Ice 40 35% /l 9 39% Am V/colen .... 22% ... 22% 22% Curtis 197% 171 192% 169% Coca Co'a 175% 175 175 175 Coni Can 103% 109% 109% 109*, Certatnteed *•• • ■ Wi Ccngoleum 23 ... 23% 29 Davison Chem .. 57*% 56 57% 55% Dupont 396 ... 395% 395 F-mo is Players 123'* 128 128% 129', Gen Asphalt ... 91% 91 01 90 Int Bus Mch 129 ... 128% 129 Int Cm Eugr... 63% 62% 63 63% Int Paper 83 82% 83 83 Int Harvester .258% ... 258 , 2a7% Lambert H 9 ... 118% 118% Loews ... ... 73 Kel'-hiator 19% 19 19. 19% Mcntgom Ward 152 ... 151% 153% Natl C R 59% ... 59% 59' 1 Pittsburgh Cor.. <9% ... 49% 49% Owens Bottle ... • 89 Radio Corp 204% ... 199% 233 Real Silk 26% ... 26% 26% Ren Rand 32% 32% 32% 32% Sears-Roebuck ..104', 103% 104’, 103 Union Carbide ..155% 154’, 155% 155% U G Leather... 48% 48% 48% 48% Univ Pipe 23 ... 23 23 U S Cs Ir Pipe 265 U S Indus Alco .116 ... 116 117% Wright 245 219 245 214 Woolworth Cos ..191% ... 191% 191 Utilities— Am Tel & Tel ..197 ... 196% 19*>% Am Express ... . . 139 , Am Wat Wks... 65 ... 65 65 Brklvn-Manh T. 71 ... 71 71 Col G & E 118% 116% 116% 117 Consol Gas IS3 ... 160% 163% Klee Pow A Lt.. 44 43’<f 41 4*’% Tnterboro _ ... 52 Ilor Am Cos .... 77 76% 7 7 77% Nat Power .... 35% . 35% 35*', So Ce.lif E 52%. 52% 52% 52% Std Gas 8-, El.. 72% ... 72% 72% Utilities Power.. 44% 41 43 41 West Union Tel. 163 ,

Shipping— Am Inti Corp ...119*2 114 114*2 111*4 Am Ship & Com 5*3 . Atl Gulf & W 1.. 53% 53% 53% 53Va Inti Mor M pfd 42% United Fruit 144 Vi Foodn— Am Sug Rfg , ••• "I,* Austin Nichols.. 8• i% 8 8% Beechnut Pkg 79 California Plcg .. 76% 76% ib% (6% Corn Products.. 79 78% 9 79% Cuba Cane Su p .. ... ... "7% Cuban Am Sug * 20% Fleisohmann Cos. 75% ... 75% 7a Jewel Tea ••• . ••• Jones Bros Tea.. 34 32% 34 31 Natl Biscuit ... ... 167% Nat Dairy 86% 86 86% 87% Postum Cos 124% ... 124% 124% Ward Baking B. 25% ... 25% 24% Tobaccos— Am Sumatra 55 Am Tobacco ....158% .. 158% laß’,i Am Tob B 159% 158% 159 160 Con Cigars .... 87 ... 87 87 General Cigar .. 67% ... 67% 67% Lig is Meyers... 99% ... 99% 98'* Lorillard 32% ... 32',, 32% R J Reynolds ...132 ... 131% 131% Tob Products B. .112 ... 112 112% United Cigar St 30% 30% 30% 30% Schulte Ret Strs. e 2% ... 62 69Vi

In the Stock Market

ißy Thomson & McKinnon) NEW YORK, May 16. New mergers and consolidations are being announced especially tn the utility field and New York’s billion dollar one gives promise to become even larger. Probably the most disturbing factor in the market is in the money situation where time funds remain exceptionally firm to rising. While business is traveling at a fair rate of speed, the relationship between commerce and the stock market continues to grow apart with amazing speed. The factors of assets and earnings arc regarded as antiquated as former price levels while sentiment and buying of various securities are totally dependent upon an extraordinary form of perspective, which for the present shows no signs of Changing.

MOST HOGS ARE STEADY; SOME 5 CENTS HIGHER Top of $9.85 Remains Unchanged; Calves Are Lower Today. May Bulk Top Receipts 9. 9.00® 10.35 10.45 6,500 10. 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. 8.75® 10.20 10.20 5.000 15. 8.50® 9.75 9.85 8.500 16. 8.50© 9.80 9.85 7,000 Following the dive in prices Tuesday, hogs were steady to 5 cents higher at the local yard stoday. The top was unchanged at $9.85 and material weighing upward from 170 pounds advanced 5 cents. Receipts were estimated at 7.00. There were 290 holdovers. The Chicago market opened slow with very few sales. Hogs sold 10 to 15 cents lower than Tuesday's average, $9.50 being paid for choice 250-pound weights. Receipts numbered 23,000 and there were 10,000 holdovers. Most Weights Unchanged Heavy meat animals, 250-350 pounds, sold at $9.50'!/9.80, up 5 cents on the top. while material in the 200-250 pound class advanced 5 cents on the low end of the range to $9.807(9.85, the top remaining unchanged. Other animals were steady, quotations ranging, 160-200 pounds, $9,257/9.75; 130-160 pounds. $8,507/9; pigs. 90-130 pounds. $7,257/8.25, and packing sows, $7,757/8.75. Cattle prices ran generally steady with the supply at 1,600 head. Beef steers brought $127/14, and cows, SB7/11. Low cutter and cutter cows sold at $5,507/ 7.50, while bulk stock and feeder steers went at $7,507. 9.50. Calves Lower Calves were 50 cents lower and other material was mostly steady with high receipts. Best vealers sold at $14.507715.56. dropping 50 cents on the top, while fat calves were unchanged at $77? 11. Receipts numbered 1,000. Sheep and lambs sold unchanged with the ton at sls. Bulk fat lambr were $137/ 14.50. and culls. SB7/11. Bulk fat ewes brought $6.50778.25. Snringers were quoted at $167/17. There were 300 animals brought to the pens. --ro'nt’. 7,000: market steady tn hither. 1 •>-,0.16(1 IbS $ A n# q pe 200-230 I'-s 9 80',/ 9>3 1 "0-200 lb-- 9 23® 0 7.3' '2O-160 lbs 8.6(1® 0 no "".'3O lb' 7.2.3'*> 8.25 Packing sows 7.75# 8.7.3 —Cattle— Reccin'.?, 1,600: market B-es risers 517.001'!4.00 Beef n*' S B.non;' 1.00 Low entte-s and cutter cows.. 5.51# 7.50 Bulk stock and feeder steers.. 7.50#) 9.50 —Calves— Rec-ints. 1.000; market lover. B-t veale-s $14.50® 15.50 ; Heavy calves 7.00®U.0D —Sheep and Lambs— Receipts. 390; market strong. Top f*t hmbi $15.00 Bulk fat limbs 03.007.14.50 Bulk cu'l lambs 'B.OOWH.OO Wat eves 6.50® 8.2.7 Spring lambs 16.C0#17.CD KIPP SERVICES SET School Teacher to 3e Buried Thursday. Funeral services for Miss Emclie Louise Kipp. 43. daughter of Mrs. Louise Kipp, 1202 Central Ave., will be held at the Hiscy & Titus Undertaking establishment, 2 p. m Thursday. She died Tuesday at St. Vincent’s j Hospital after a two months illness. A native of Indianapolis she had spent her entire life here, having taught for a number of years in the public schools. She was a member of the German Literary Club, the Berlin Musical Club and the Littic Theater Society. Surviving, besides the mother, are a sister, Paula, and four brothers, William C. and Walter E„ of Indianapolis; Herbert A., of Houston, Texas, and Alfred R., of Lowell, Mass. The body will be cremated.

SPENCER FOR AUDITOR Opposes Archie Bobbitt for G. O. P. Nomination. Opposition to Archie Bobbitt's candidacy for the Republican nomination for State auditor came from the Ninth District Tuesday, when George A. Spencer, Tipton, general manager for the Oaks Company plant in that city and former assistant superintendent of public instruction, today announced he would seek the nomination in the State convention. Spencer graduated from Indiana University in 1917 and was a lieutenant during the World War. He served as principal of Goldsmith and Kempton High Schools and was county school superintendent at Tipton in 1921. HOLD MOZART FESTIVAL Harrisburg, Pa., Has First Affair of Kind in United States. Bn Times Special HARRISEURG. Pa., May 16.—The first Mozart festival in America is being held here this week. The festival will include three major compositions. one of them Henry Bradley’s new “Mirtil in Arcadia,” which will be conducted by Hadley; ten famous soloists, the Philadelphia symphony orchestra, a chorus of more than 200 trained voices, and another chorus of 200 children. Mozart's “C Minor Mass” will be presented in its entirety for the first time in the country. Rosa Ponselle will give a recital. FLOOR LEACIER IN RACE Addison Drake Seeks Nomination of Lieutenant-Governor. Addison Drake of Sullivan County, State Representative in the last three Legislatures and minority floor leader in the last session, today entered the contest for the Republican nomination for LieutenantGovernor, subject to the Republican State convention, May 23 and 24^gB

THE INDIANAPOLIS TIMES

Produce Markets

Butter (wholesale price)—No. 1, 47@48c: No. 2. 44# 45c lb. Butterfat ibuying price)—4sc lb. Cheese (wholesale selling prices, per poundi—American loaf. 32@35c: pimento loaf. 34# 37c; brick loaf. 32# 35c; Swiss. 39# 42c: Wisconsin fat. 27# 32c: print cream. 25# 27c; flat display. 26®27c: Longhorn. 26%#)27c; New York limberger, 30% ® 32c. Eggs—Buying prices: Fresh, delivered at Indianapolis, loss off. 257i 26c doz. Poultry (buying price)—Hens. 21®22c: lb.; Leghorn hens. 187120 c; 1928 spring. 1% to 1% lbs., 32# 35c; 2 lbs. and up, 35# 36c: Leghorns. 30c: old roosters. 10# 12c: ducks. 15c: geese, 8® 10c; guineas, old 33 ®3sc young 50c. NEWTELEPHONE STOCK OFFERED Stockholders of American T. & T. May Subscribe. till United Pn ss BOSTON. May 16.—American i Telephone and Telegraph Company j today offered its common stockholdI ers of record June 1 the right to ' subscribe to additional common I stock at SIOO per share in the ratio of one new share for every six shares held. The offering will net the company $185,000,000. Payments will be spread over eight months, the first installment of S2O being due Aug. 1. the second of S4O on Dec. 1, and the third of S4O on April 1. Directors declared the regular quarterly dividend of $2.25. payable July 16 to stockholders of record June 20. At 196. the present price of American Telephone and Telegraph stock, the rights are worth about sl4. Sales were made in Be ton after the announcement at $14.50. The money raised by the additional stock issue is to be used in financing the needs of the associated companies of the Bell system and the long lines of the American Telephone and Telegraph Company in plant and equipment. WOMEN JOIN DRIVE City Group to Solicit for . Lincoln Memorial. “Now is the time for the womanhood and the motherhood of Indianapolis to take definite part in the movement to pay tribute to the mother of Abraham Lincoln, who lies buried in our State," Mrs. John W. Kern, chairman of the womans' city battalion in the Lincoln memorial drive, told her leaders Wednesday. "It was Nancy Hanks Lincoln who led the boy, Abo. along the path of greatness that led to his great destiny. The women of Indianapolis do not seem to realize that this immortal mother lies buried in the little village cf Lincoln City, in Spencer County.” The womans’ battalion will be a part of the division of Sidney S. Miller, who is acting colonel over five battalions in the city organization. This division, with two others, under Earl T. Bonham and Robert Briner. comprises the city organization. which will open the Indianapo'is drive Monday night, May 21.

Local Wagon Wheat

Lo-vl rrain rlevat'-rs c-v o’ving SI.BI fqr No. 2 rpj wheat. Other grades are purchased on their merits

Commission Row

TRICE TO RETAILERS FRUITS Annies —Fane* berrel poplrs. seasonable varieties. $5.50®10.50; fanev bosket apples, seasonable varieties. $2 25#3: 40 lbs.: rh'dr? box apples, seasonable varieties. $3/" 4.75. Cherries —California. S3.’o# 4.25. 8 lbs. Grapefruit—Florida. 54.50®7.50 crate. Lemons—California $7.50# 9 crat“. Oranges—California navels, *6® 9.75 erate: Florida. Ss#9. crate; .California Valencias. $5.50#8 crate Ptneanples—Cuhan. 54.25# V7"' crate. Strawberries—Alabama, ss# 6 crate: Tennessee, $6. 24 quart. VEGETABLES Asparagus—Green, sl4/1.25 doz. bunches, white. 60r. Brans—Southern. s2# 3.50 hamper; Valentiens. $3 hamper. Beets —Texas. s2# 3 50 bushel. Cabbage—Mississippi. $5.50 crate; Alabama. 55#5.25 crate. Carrots—Louisiana. $1.75 bu.: Texas. $4. 10 dozen crate. Celery—Florida. ss# 5.50 crate. Cucumbers—lndiana hothhousc. $1.75 for bo" of 1 doz. Eggplant— H. G.. 51.50 doz. Kale—Soring. 51.25 bu. Leek—7sc bunch. Lettuce —Arizona, head. $4 crate: hothouse. leaf. 51.80. 15 lbs. Mushrooms—sl. 1% lbs. Mustard—Southern. $1.25 bushel. Onions —Home-grown. green. s33# 50c doz.: new Texas yellow. $2.25#2.50 crate; Texas crystal wax. $2.50 crate; Texas Bermudas. $2.25 crate. Parsley—soc doz. bunches. Parsnips—Home crown. 51.25 bu. Peas Mississippi Telephone. $2.50 hamper. Peppers—Florida mangoes. s4# 5 erate. Potatoes—Michigan, white. 53.10 150 lbs : Minnesota Red Riyer, Ohios. $3. 120 lbs : Idaho. $2.75. 120 lbs.: Texas, new. 54.25 cwt.: Florida Rose. $6.25 bu.: Texas Trlumphes. $6.50 bu.; Alabama Triumphs, $4 cwt. Radishes—Hothouse, button. 60#90c doz. bunches: southern long red. 30c doz. Rhubarb—Home crown. 25# 35c dog. Splnech—Kentucky. [email protected] bu. Sweet Potatoes —Porto Ricans. $2.25 hamper Tomatoes—Repocked, $5.30. 6-basket crate. MISCELLANEOUS Cider—s4.so 6-gal. case; $4.75 doz. halfgal. jars. Garlic—California. 25c lb.

In the Sugar Market

(By Thomson &z McKinnon i NEW YORK. May 16.—1 tis becoming more evident that refiners are not going to buy raw sugar until the demand for the refined product is evident. This situation is thoroughly disturbing at present, but we think its good points overshadow the poor ones, for there is one thing we are assured of. and that is that consumption is certain to reach average proportions and inasmuch as production is being held down ail signs point to higher prices. J\V United Press NEW YORK, May 16.—Sugar futures opened steady. May. 2.57: July.. 2.69: September. 2.80: December. 2.88; January. 2.81. up .01: March. 2.77. up .01.

In the Cotton Market

(By Thomson <fc McKinnoni NEW YORK, May 16,—The breaking up of the drouth in Texas cost the market nearly 100 points. Prices have recovered nearly fifty points. As the situation is today. 21 cents for cotton is a fu'l price in my opinion. There arc more big people trading in cotton today than ever before. They are making wonderful trading markets for you. Try to look at it in that light until we get something to back us up for anew campaign. V.U Inltrrt Prn is NEW YORK. May 16.—Cotton futures opened firm: May. 21,30. up .07: July. 21.00. up .02; October. 20.97. up .03: De•ambor. 20.84, unchanged; January, 20.72; ■Mi. 20.71, up .01.

NEWS OF RAINS OVER BELT PUT FUTURESDOWN Corn Fractionally Off, but Holds Up Under Cash Market Strength. Bn I ailed Press CHICAGO, May 16.—General reports of rain over the wheat belt sent all futures sharply lower near the close on the Board of Trade today. Corn was off fractionally, but held up on the strength of the cash market, while oats followed the other grains. Closing prices were: Wheat, off 2' to 2% cents; corn, down % to cent, and cats unchanged to 1U cent off. Provisions were unchanged. Trading was light in the wheat pit, and prices were easily influenced. Reports of general rains over the spring and winter wheat belts sent prices' lower, but buying developed and a rally followed. The market was extremely nervous. Some Manitoba was reported sold for export. Corn was active ancf strong on the strength of the cash market, and recovered from an early dip in spite of favorable weather reports. There was no news of significance in oats, and price changes were unimportant. Chicago Grain Table —May 16WHEAT— Prcv. Open. High. Low. Close, close. Mav.. 1.31% 1.51% 1.49% 149% 1.51% Jul".. 152% 1.52% 1.50% 1.50% 1.52% Sept. 1.52% 152% 150% 1.50% 1.52% CORN Mav.. 1.02 1.03% 1.01% 1.02 1 02% July.. 104% 1.06% 104% 1.05 1 05% Sept.. 1.03 1 07%* 1.05% 106% 1.03% OATS— May.. .63% .64 .63% .63% 63% July.. .57% .37% .56% .56% .57% S?pi.. .47% .48 .47% .47’. .47% LARDMav nominal 11.87 11.87 •Tulv. 12.10 12 12 12.07 12.10 12.10 Sept 12.42 12.42 12.10 12.42 12.40 RIBS May nominal 12.00 12.00 RYE— Mav.. 134 1.34 1.32% 1.32% 133 Julv.. 131 1.31 128% 1.28% 130% Sept.. 121%- 1.21% 1.19% 1.19% 1.21 I!" Times Special CHICAGO. Mav 16 —Carlots: Wheat. 22; corn. 45; oats, 69; rye. 4.

Indianapolis Stocks

-May 16Bid. Ask. Amer Central Life 600 Belt R R fc S Yds com 70 72 Be". R R & S Yds pfd... 60 Central Ind Power Cos pfd... 100% 112'* Clrc'e Theater Cos com 102 % 110 Cities Service Cos com 69% Citizens Gas Cos pfd 102% 103% Citizens Gas Cos coni 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 ion 125 Indiana Hotel Cos pfd 101% ... Indiana Service Corp pfd 94 Indianapolis Gcs Cos com .... 62 Indpls A: Northwestern pfd... 15 Indpls P ar.4 I, 6%s pK 106 107 Indpls P and L 7s 102 103 Indpls Pub Yel Ln Assn 47% Indpls St Rv 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 Merchant* Pu Utilities Cos pfd.lol North Ind Pub Serv Cos pfd. 102 103% Northern Ind Pub S Cos 7s 112 Progress Laundry Cos com 29% ... E Rauqh & Sons Fort Cos pfd. 50 Real Silk Hos Cos pfd •Standard Oil of Indiana .... 80 T H I 8 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 l Union Trac Cos 2nd pfd % Union Tit c Cos com 70 Van Camp Pack Cos pfd 7 Van Camp Prod Ist pfd 93 101 Van Camp Prod 2nd ptd ... 90 98 •Ex-divldend. —Bonds— Belt R R & Stk Yds Cos 4s 92 Broad Ripple Trac Cos 53 ... 81 Central Ind Gas Cos os .100 Central Ind Power Cos 6s ....104 Chi S B & N Ind Rv 5s 17% Citizens Gas Cos 5s 105 107% Citizens St RR 5s 89% 91% Gary St Ry 5s 90 93 Home T & fol Ft. Wayne 65.. 103 Indiana Hotel Cos 5s 101 tnd Northern Trac Cos 5s 6 Ind Ry & Lt Cos 5s 98 Ind Service Corp os 98 Indpls Power and Lt Cos 55...101 102% tnd Union Trac Cos 5s 3 Indpls Col A: So Trac 6s 102 106 Indpls Gas Cos 5s 102% 106 Indpls Ar Martins Trac Cos ss. 35 Indpls North Trac Cos 5s 14 Indpls & Northw Trac Cos ss. 35 Indpl3 St Rv 4s 67% 68% Indpls Tree & Term Cos 55... 96% 97% Indpls Union Ry 5s 102 V? ... Indpls Water Cos 5%s 104 Indpls Water Cos Ist 5s 100 Indpls Water Cos 4%s 93 100 Indpls Water Sec Cos 5s 98 99% Interstate Pu’c S Cos 4%s 92'* Interstate Pub S Cos 5s 99% ... Interstate Pub Q Cos 6%s 105% ... Nor Ind Pub Serv Cos 5s 102 T H I & E Trac Cos 5s 60 T H Tr fc Lt 5s 98 Union Trac of Ind Cos 6s 14 15% —Liberty Bonds— Liberty Loan Ist 3%s .... 109.42 100 62 Libcrtv Loan Ist 4%s 101.92 102.14 Liberty Loan 2d 4%s 103.12 100.32 Liberty Loan 4th 4%s 102.52 102.71 U S Treasury 4%s 114.62 114.82 U S Treasury 4s 110.52 110.72 U S Treasury 3%s 106.80 107. U S Treasury 3%s 101.90 102.10 SWISS BIRTH RATE ON DECREASE: DEATHS RISE Switzerland Faces Same Problems As France. tin l niteil Prcsr GENEVA, May 16.—Switzerland is the V 'st country to be victims of the , er-increasing international epidemic of a decreasing birth rate. The statistics just completed for 1927 total only 69,533 births against 72.118 for the preceding year. Coupled with this decrease there is also an increase in the death rate. Switzerland’s birth rate is now 17.4 for every thousand of population which puts her somewhat in the class with England and France, as against the heavy birth rates of Italy and Germany. BRIDGE BASE MOVED Return 20,000-Ton Caisson to Place After Shift. Bn United Press POUGHKEEPSIE. N. Y„ May 16. —The 20,000-ton caisson of the Hudson River vehicular bridge, which slipped from its proper place last July, is being moved back at the rate of two and one-half inches a day. Ten months’ work prepared the way for the brief shift back.

ONE FARE PLUS lOc for the round trip a- Every Saturday and Sunday ~ BETWEEN ALL STATIONS IX INDIANA ON THIS COMPANY’S LINES Ticket* good going all /lay on Saturday or Sunday Good returning any time up to Sunday night TERRE HAUTE. INDIANAPOLIS and EASTERN TRACTION CO.

City News Told Briefly

THURSDAY EVENTS Altrusa Clubs national convention, Clavpool, all day. • Indiana Industrial Lenders’ Association convention, Lincoln, all day. Caravan Club luncheon, Murat Temple. American Business Club luncheon, Columbia Club. Indianapolis Real Estate Board luncheon, Chamber of Commerce. Advertising Club luncheon, Spink Arms. Indianapolis Engineering Club luncheon, Board of Trade. Indianapolis Association of Credit Men luncheon, Lincoln. Sigma Nu luncheon. Board of Trade. Sigma Chi luncheon. Chamber of Commerce. Wiliam A. Thomas, Clinton County farmer, has filed a voluntary bankruptcy petition in Federal Court, listing liabilities of 36,835 and no assets. Fred Worth, proprietor of a grocery at 1739 Montcalm St., opened the place for business today to find a rear window jimmied and $75 missing from the cash register. “Stage Struck” will be presented Sunday night at the Kirshbaum Community Center by the Garfield Park Shelter House girl’s auxiliary. Miss Ruby Hendleman is directing the play. An informal dance will follow the presentation. Anew type lounging car made by the Pullman company for the Burlington route, will be on public display at Union Station Thursday. It contains a general lounge, women’s lounge, buffet service and observation sun porch. It may be seen by entering Gate 1. Girls’ Federation Class of Third Christian Church will hold a mother-daughter dinner at the church at 6:30 p. m. Friday. Mrs. W. B. Long and Miss Mary Florence Fletcher will give readings; Miss Hope Bedford will sing. The class is composed of young business women. The business of the Progress Laundry Company increased 12 per cent in the last year, Roy E. Shaneberger, company president, declared at the annual dinner of officers and salesmen of the company at the Spink-Arms Tuesday night. Talks also were made by J. V. Stout, vice president, and E. S. Crapcraft, superintendent. St. Vincent Hospital staff presented a clinical program before the members of the Indianapolis Medical Society in the auditorium of the nurses’ home at the hospital on Tuesday night. Those who spoke were Dr. E. J. Biennan. who had charge of the program; Drs. Charles R. Sowder. Ralph L. Lochry, Thomas Noble. Sr.. John Cunningham. Henry Leonard and Arthur E. Guedcl. Members of Shortridge High School chapter.. National Honor Society, will be guests of the faculty

BELGIUM NEXT GOAL OF CAROL Rumanian Prince Leaves England With Lupescu. Bn "tfitfil Press DOVER. England. May 16.—Prince Carol of Rumania sailed on a channel steamer for Ostend, Belgium, today with Mme. Magda Lupescu, for whom he renounced his right of succession to the throne. Carol had been asked to end his visit in England because of alleged political activities against the Rumanian government. Carol remained in a cabin until the steamer sailed at 4:45 p. m. He refused to receive visitors. Carol's renewed open association with Mme. Lupescu came after a period of separation during which he hoped to regain favor with the scandalized Rumanian court and government, who had protested bitterly against his elopement* with the red-haired beauty and abandonment of his wife. Princess Helen and his son, now king. 500 AT CHARITY FETE Attend Benefit Cabaret Staged by Jewish Council. More than 500 persons attended the charity cabaret staged by the Council of Jewish Juniors at the Columbia Club, Tuesday night. The program included songs, dances, comedy and a style show. Those taking prominent parts included Misses Mildred Frand. Jane* Thompson, Eleanor Wolf, Doris Salinger. Frances Falender and Fanny Kiser. Studies Anti-Lantern Bird ftu Unite* 1 PreßH ST. GEORGES, Bermuda. May 16.—Prof. Warren F. Eaton of New York, well-known ornithologist, has arrived to study the habits of the rare Cahow bird, whose principal activity is to upset fishermen's lanterns. American Telephone and Telegraph Company ® 155th Dividend ' The regular quarterly dividend of Two Dollars and Twenty-Five Cents ($2.25) per share will be paid on Monday, July 16, 1928, to stockholders of record at the close of business on June 20, 1928. H. BLAIR-SMITH, Treasurer. / Buy and Sell Central Ind. Power Pfd. Newton Todd 415 Lemcke Bldg.

at a banquet tonight at the Columbia Club. F. M. Kirkpatrick, 619 W. Washington St., local photographer, announced that he will rebuild his studio at Camp Knox, Ky., which was destroyed by fire recently at a loss of $6,000. Richard F. Mills, loan department attorney, was elected president of the men’s Club of the Fletcher Savings and Trust Company at the annual election meeting Tuesday night. Other officers are: Secretary George D. Smith, West Indianapolis branch manager; treasurer, Russell Geddes, checking department; governors, Tom Montgomery, Roy Moore and John Persons.

In Shooting

Miss Helen Redirk (above) and Marion Rider

Rider, 24, Rush County farmer, fired four bullets into the body of Miss Redick, 23, at the William Ratliff home in Greensboro Monday. The shooting occurred when she handed to him an engagement ring following breaking of their betrothal six weeks ago.

AMUSEMENTS

ALL THE TIME—I-11 I*. M. ALL-COMEDY WEEK! BILLY GILBERT & CO. JOE DELIER & CO. MASON-OIXON DANCERS RADIOLOGY REDFORD & WALLACE FRANK SINCLAIR WILSON-AUBREY TRIO Every Act a Comedy Sensation Hally Organ Kerltul by RUTH NOLLER, 12:40 P. M. Hoorn Open 12:30 I*. >l.

“The Jest” AT KEITH’S Nightly 3:39—Mats.—Wed., Sat., 3:30 STUART WALKER COMPANY WITH George Gaul—Marie Adels LARKY FLETCHER

ENGLISH’S™ Matinee Wed., Thurs., Sat. BERKELL PLAYERS bYron “East Side, West Side” Niles: I Mats: sc-COi-09c I 25c-33c-50c Next Week, ‘A Prince There Was’

MOTION PICTURES

THIS WEEK ONLY See and Hear AL JOLSON In 111* Brilliant Vltnphone Hit “THE JAZZ SINGER” With May McAvoy, Cantor Rosenblatt Yitaphone Movietone Acta News

Last 3 Bays I RICHARD BARTHELMESS H U in Hi* Greatest Achievement ]] n ‘ THE PATENT-LEATHER KID” M li —Second Feature— f, VIRGINIA LEE CORBIN U in "BARE KNEES”

COLONIAL ton r/r il “ Today Rudolph Valentino “THE SON OF THE SHEIK” Tomorrow—“ Sally of the Sawdust” Friday—-“ Don (). Son of Zorro’* Trices, Mat. 10c, 13c. Night, 15c, 23c

MAY 16, 1023

HOOVER, SMITH i WIN DELEGATES IN NEW JERSEY Kean and Larson on Top for Senator, Governor ; After Bitter Fight. Bn United Press TRENTON, N. J., May 16.—As th smoke of battle began to clear away from one of the bitterest fights ever waged in a New Jersey State primary, the victors appeared to ba former National Committeeman Hamilton F. Kean in the senatorial race and State Senator Norgan F. Larson of Middlesex County in the gubernatorial contest. Returns from about half of the election districts in the State indicated that Kean had won, and. would have a plurality of 15,000—. with this figure mounting as the rural districts were heard from—and that Larson’s plurality would ba between 30,000 and 35,000. Kean will be opposed at the elections in November by United State3 Senator Edward I. Edwards, incumbent, and unopposed as the Democratic nominee for re-election, while Larson will be opposed by William L. Dill, motor vehicle commissioner, unopposed Democratic gubernatorial nominee. Governor Alfred E. Smith of New York today was assured of the votes of the State’s twenty-eight delegates to the Democratic national convention, and Secretary of Commerce Hoover was assured of twenty-cne votes at the Kansas City convention, as result of the primaries. There will be thirty-one delegates and it seemed likely Hoover would receive twenty-eight or twenty-nine of them, as late returns indicated Hoover-pledged delegates were winning. Hoover’s name was the only one entered on the Republican presidential ballot and he received a great vote, but this is not binding on the delegation. Fled With “White Mule” When police raided a dry beer saloon at 2701 W. Tenth St,, Joe Radkovic, 22, one of the alleged proprietors ran out the back door with a pint of white mule in his hand, Lieut. Ralph Dean reported. Radkovoc and Joe Koegan, 28, the other proprietors, were charged with operating a blind tiger.

MOTION FICTURES

| mil SKOURAS’PUBUX THEATRES ii i MISS J** the ‘screen INDIANA SlN* comrs half wii W) 4? in everything—and court 4, ■*<•, of Bathing 4 Mp HP Daniels ilc welll^eSO-SOGirr ! week, of 5 Dave % JAMES HALL - jtuOGiAlVrforinaiKK | 1.000 I.affs! 1.9(10 I Thrills! A Record | I'neoualed and—- : a Record- Knnc’ioul breaking Comedy Show! Ronwnco I "IfJwew Single* with I CONRAD NAGEL and MAY McAVOY

I K O f- ' s NOW PLATING D.W. GRIFFITH’S “DRUMS CF LOVE” i With MARY FHILBIN On Siag2 HAm<¥ FOX in “Pepper Pot Revue” with Ro;s <s; Edwards, Coilins & Brown, Emil Seidel, others. , Prim: 23#* II a. m.-l l. in., 33c I to (i in. 30c Evening*. C Tilldren 23c. NEXT WEEK: SAFETY WEEK, featuring King Vidor’s “The Crowd”

P “It’s the Talk of the Town” p

TODAY ANI) Till IiSDAY On The Screen HAROLD LLOYD in “SPEEDV” New s—Tra \ Hop no On The Sta;e CONNIE’S BAND Jimmie Hatton l‘at Lane Pnttri/lge Dancers And Ollier < lasny Acts Note:—Mage Slio/v Nites only Matinee Bally