Indianapolis Times, Volume 40, Number 12, Indianapolis, Marion County, 25 May 1928 — Page 33

OVIAY 25, 1928

BULLISH TREND : IS RESUMED 1 IN STOCK MARKET Brokerage Loan Reduction i Restores Confidence in 1 ■ % Trading Today.

Average Stock Prices

Average of twenty industrials Thursday Was 217.53, up 2.08. Average of twenty rails was 143.50, up .20. Average of forty bonds was 98.29, up .01. I Rj/ United Press NEW YORK. May 25.—Confidence restored by a reduction ot $46,000,000 in brokerage loans due to the shake-out in prices earlier in the week and late last week, the stock market today resumed bullish demonstrations under the lead of an old favorite, United States Steel. Steel common was accumulated in a heavy volume, the prices rising to 148, compared with its previous close of 145%. A few days ago it yas selling below 143. Radio staged another of its pyrotechnical displays, rising from a low of the day of 193% to 205 in a row of advances in the afternoon. At the peak for the day, the issue •was up 12 points. Wright and Curtiss Aero also moved widely the latter at one time selling at 144%, up 4%. ad Wright to 192, up 4. Both these issues lost .part of the gains in subsequent •transactions. Coppers Buoyant Copper shares were buoyant due to a rise to 15 cent in the price of (export copper. Kennecott, Howe Sound, Greene Cananea, Magma. Inspiration and American Smelting made the widest gains in this group.. Studebaker featured the motors 5n activity and strength, rising to ithe highest levels in the history of i the present stock. Reo also developed exceptional strength on operations ascribed to pool activity. | Mail order shares, particularly j Montgomery Ward and Sear Roe- j buck spurted several points, while j many special issues, including the j Harvester shares and independent I steels, made good advances. Oils! and rails were dull. Trading Not Too Active Trading was considerably more j active than Thursday, but the tape j v.as able to keep pace with transactions. Describing the market, the Wall j Street Journal's financial review I paid: “Further ammunition for the re- i covery from the recent break was i furnished by the decrease of ap- : proximately $46,000,000 in brokers’ | loans during the week ended May 23. In conjunction with a slightly stronger position in the reserve ratios of both the local regional banks and the system as a whole, this reduction stimulated demand for representative stocks. New highs on the rally were reached by trading favorites.

Banks and Exchange

INDIANAroUS STATEMENT Local bank clearings today were $3,37& - 1)00. Debits were $7,909,000. NEW YORK STATEMENT 1C 7 United Press NEW YOFK, May 25,—Bank clearings today were $1,321,000,000. Clearing house balance was $135,000,000. CHICAGO STATEMENT Pit United Press CHICAGO. May 25.—Bank clearings today were $102,300,000. Clearing house balance was $7,900,000. FOREIGN EXCHANGE i fin T'liUed Pres* NEW YORK, May 25 —Foreign exchange nnened lower. Demand Sterling $4.87 27,32. off .00 1-32; francs. 03.93 /a c; lira ofT • 00 ' c i belga. 13.95 c; marks, 23.92 :i, off .OONc. LIBERTY BONUS Jin 1 iiitcit Press NEW YORK, May 25.—Liberty 3 l: -s opened at $100.9; Ist 4>/ 4 s $101,27. off 43rd 4 1 is. $100.3; 4th 4%s $102.5, off 2c. TREASURY STATEMENT £,n t nited Press WASHINGTON. May 25,—The Treasury ret balance May 23 was $84,941,307.88 Customs receipts for the month to May 23. were $31,560,494.96.

In the Stock Market

ißy Thomson & McKinnon) NEW YORK, May 25.—1 tis our Opinion that the amount of reduction in broker’s loans is significant only insofar as it represents the first decline in neirly three months. Os most importance is the fact that the Reserve board’s policy to contract stock market credit has not changed, and this seems proven by the continued selling of Government securities. Going further, it is found that New York and out of town banks have reduced their loans jnearly $111,000,000, and the difference between that figure and the actual reduction was made up by increase in loans from individuals and corporations. Does this mean that the big moneyed interests have been liquidating and are now seeking temporary employment of their surpluses—it could and probably does, except where there are special developments in the affairs of companies. We think that the necessity for liquidation is more essential than for some time.

Produce Markets

Butter (wholesale price)—No. 1. 47®48c; No. 2. 45@4(jc lb. Butterfat (buying price)—4s@46c lb. Cheese (wholesale selling prices, per (pound)—American leaf. 32<3>35c: pimento loaf, 34037 c; brick loaf. 320135 c: Swiss. 394; 42c: Wisconsin tat. 270 32c: print cream. 25®27c; fiat display. 26027 c: Longhorn, 27‘ic: New York limberger, 32c. _ Eggs—Buying prices: Fresh, delivered at Indianapolis, loss off, 23Va@25c doz. Poultry (buying price)—Hens, 21®22c: lb.; Leghorn hens. 18c: 1928 spring, I'4 to 13/l 3 / lbs.. 32c; 2 lbs. and up. 35c; Leghorns, 30c; old roosters. 10@12c; ducks, 11c; geese, 8@10; guineas, old 35c, young 50c. Pit United Press CLEVELAND. May 25.—Butter—Extra in tub lots. 48Vi©48c; extra firsts. 43Vi@ 45'ic; seconds, 39Vh®44'ic. Eggs—Extras. 32c; extra firsts, 30c; firsts, 27Vc; ordinary, 27c. Poultry—Heavy broilers, 40045 c; Leghorns, 33037 c: heavy fowls, 2E@29c; medium stock, 28® 29c; Leghorns, 23®25c; old roosters, 15@16c; old ducks, 21® 24c: old geese, 160:17c. Potatoes—lso- - sack round whites, Maine. [email protected]; Michigan. $2.50®2.65: Wisconsin. $2.50® 2.65: Minnesota. $2.50®2.65; 120-lb. sacks. Maine. $2.50912.65: Minnesota, $1.85@2; 110'120-lb. sacks, Idaho Russet Burbanks, $2.10(32,25: Floiida Hastings. $5 a barrel; Florida. 150-lb. sacks, *4.25©4.50.

1 New York Stocks i " (By Thomson & McKinnon) ——

—May 25Railroads— Prev. High. Low. 12:00 close. Atchison 1937s 192% 193% 191% Atl Coast Line .. 182 Balt <fc Ohio ...114%, ... 114% 114 1 i Canadian Pac . 215 213% 215 213% Chesa & Ohio 198% Chi & Alton... 11 Chi & N West.. 89’1 ... 89% 88% Chi Grt West.. 12% ... 12% 12% C R I & P 118% ... 118% 117% Del & Hudson.. .211% ... 211% 211 Del Sc Lacita 141% ... 140% 141% Erie 57% 57 57% 57% Erie Ist pfd ... 56% ... 56 56 s a Grt Nor pfd 103% . 103% 103% 111 Central 144% 144 144% 143% Lehigha Valiev .107% ... 107% 106% Kan City South. 57 ... 57 57 Lou & Nash 153 MK & T 35% 35% 35% 35% Mo Pac pfd 119 118% 119 119 N Y Central ...183% ... 1873 182% N Y C & St L.. 136% ... 136% 137% N Y N H & H. . . 62 ... 62 61 % Nor Pacific 101% ... 101 100 Norfolk & West ,187%. ... 187% 188% Pere Marquette .140 ... 140 140% Pennsylvania ... 66% ... 66 66 ' P & W Va 155% Reading ill ... m ni% Southern Ry ...161% ... 161% 161 Southern Pac .126 ... 125% 126% St Paul 35% . 35% 35% IJ T P “. ul e p , f ,f 46 ’ 46 '* 46 ’ 46% St L & S W. ... ... ... ggi. 8t L & S F. ...119% ... iijr; i^o Texas & Pac . ,!36% ... 136% 137 Union Pacific 202% ... 202 201% West Maryland. 48% ... 4 j. 4931 Wabash 91 ... 91 git? Wabash pfd in, 2 Robbers— Ajax 9% ... 9 9% F>Sk). 15 V. ... 15 15% Goodrich 87% 87 87% 86% Goodyear 52% 531. 53 Kelly-Spgfld ... 21% 21% 21% 21% United States .. 42% 42% - 42% 42% Equipments— Am Car & Fdv 104% ... 103% 103% Am Locomotive .106% ... !06% 106 Am Steal Fd... 62% ... 62% 62% i Baldwin Loco . . ~ . . 250 ' ] General Elec ...162% iei% 162% 162 I Gen Ry Signal.. 92% 92 93% 92 N Y Air Brake.. 43% 43% 22a I Pullman . .. 89'-. 89% 89% *O3. Westinsh Air B 49% . , "gsl 49 ." Westlngh Elec .104% 103% 104% 103% Steels— 1 8 Bethlehem .... 63% 63 63% 62% Colorado Fuel.. 77% 76% 76% 76 Crucible 85’, ... 85% 85% Gulf States Stl. . I. 65 Inland Steel ... 60 59% <s# 60% Phil R C & I. 32% ... 32% 32% ! Rep Iron & Stl. 61 60 60 % 60 I Sloss-Sheff >117% U S steel 147% 146% 147 145% | Alloy 39% 38% 39 39% I Youngstwn Stl.. 88% ... 88% 88% Vanadium Corp 85% 84% 85% 84% Motors— Am Bosch Mag 40%. 38% 40 39 Chandler 20 . ..* 20 20% Chrysler Corp.. 80% 79% 80 78 ■. Conti Motors .. 13% 13% 13% 13 Dodge Bros 19% ... 19% 19% Gabriel Snbbrs. 19% . . 19% 19’, General Motors .194% 192% 193 193 Hudson 88% ... 88 87% i Hupp 56% 56 56% 56 ‘ | Jordan 12% 12% 12% 12% [Mack Trucks .. 90% 89% 90 90% Martin-Parrv ..19 ... 19 19% Moon 9% 9% 9% Motor Wheel ... 39% 38% 39% 38% Nash 92% 92% 92% 91% Packard 77% 76%. 77% 76 Paige 34% 33%. 34% 34% Pierce Arrow.. 16% 15%. 16 15% | Studebaker Cor. 82% 81% 82 81% Stew Warner .. 95% 94% 95 94 Stromberg Cart 61 ... 61 60 Timken Bear .126% . 126% 126 I Willys-Overland 26 25 s , 26 26% (Yellow Coach ..37 ... 37 36 1 • ( | White Motor ... 35% ... 35% 36 I I Mining— Am Smlt & Rfg.192% 191% 192% 191% I Anaconda Cop .. 71 70% 71 70% Calumet & Ariz.los% 104 , 105 104% Cerro dO Pasco 74 73% 73% 72% ! Chile Copper , 43% 43% 43% Greene Can Cap. 126% 125 125% 124 Inspiration Cop. 24% 24% 24', 24% Int Nickel 99V, 97% 99 98 ! Kennecott Cop. 92% ... 91% 91% Magma Cop ... 55% ... 54% 54% (Miami Copper.. 21% . 21% 21 Texas Gulf Sul. 73 72% 73 72% IU S Smelt 48% 48% 48% 48% [ Oils— Atlantic Rfg ...128 127% 127% 126% Cal Petrol 32% Freeport-Texas.. 72 70% 72 71 % Houston OH .. .153% ... 153 153 Indp Oil & Gas 27% . 27% 27% Marland Oil ... 39% 38% 39 38% Mid-Cont Petrol ... 32 I Lago OH &Tr 35 i Pan-Am Pet <B) 49 ... 48% 49% Phillips Petrol .. 41% ... 41% 41% Pro & Rfgrs 22% ... 22% 23 Union of Cal 51 ... 51 51% Pure Oil 24 . 24 23% Royal Dutch ... 52% 52% 52% 52 Shell 27% 27% 27% 27% Simms Petrol ... 22U Sinclair Oil 27 26% 27 26% Skellv Oil 31 ... 30% SO 3 , Std Oil Cal 59% ... 59% 59% Std Oil N J 44-% 44% 44% 44% Std Oil N Y 37% 36% 37 36% Texas Corp .... 65% ... 64% 65 Transcontl .... 8% ... 8% 8% White Eagie .... 24 ... 24 24 Industrials— Adv Rumely 34' i Allis Chalmers .124% ... 12*% 123% Allied Chemical 163 ... 163 164 Armour a 16% ... 16% 16% Amer Can 92% 91% 92 91% Am H L pfd „. . 52Va Am Linseed 103% 102% 103% 102 V, Am Safety Raz.. .. 66% Amer Ice 39% 39% 39% 39 Am Woolen .... 22 ... 22 21% Curtis 144% ... 138 140 Vi Coca Cola ....169% 169% 169 Conti Can 105 104 105 104% Certalnteed '46% Congoleum 27% ... 27% 27% Davison Chem .. 53 ... 52% 52% Dupont 395 ... 395 393 Famous Players 126% ... 126% 126 Gen Asphalt ... 88 ... 87% 87% Int Bus Me 125 Int Cm Engr 58% .. 58% 58% Int Paper 78% 78% 78% 78% Int Harvester 266% Lambert 115 114% 11 114% Lowes 72’, ... 72% 72V* Kelvinator 20% 19% 20 20% Montgom Ward 151% 148 151% 147% Natl C R........ 63% ... 63'% 63 Pittsburgh Coai 46i/* Owens Bottle ... 87% ... 87% 87 Radio Corp 201 193% 201 193 Real Silk 28% 28% 28% 28% Rem Rand 32% ... 32 31% Sears-Roebuck .107', 105 107% 104 Union Carbide ,153% 152% 152% 151% U S Leather 7* Univ Pipe 22% ... 22% 22% U S Indus Alco . 115Vj ... 115% 117% Wright 191 189 190 188 Woolworth Cos ..190 189% 190 188% Utilities— Am Tel & Tel .202% ... 202% 202% Am Express 189% 188 189% 188 Am Wat Wks ... 63 ... 63 62% Brklyn-Manh T. 64% ... 64% 64% Col G & E ....113% 112% 1131a 112% Consol Gas . ..158% 158% 158% 154 Elec Pow 6c Lt.. 42 ... 42 . 41% Interboro 40 39% 4040 Nor Am Cos .... 74% 74 741* 73% Nat Power 34% 34% 34% 34 So. Calif 50% 49% 50 49% Std Gas & El.. 70 ... 70 70 Utilities Power. 42 41% 42 41 West Union Te1:156 ... 156 156% Shipping— Am Inti Corp .114% 112% 112% 111% Am Ship & Com 5% 5% 5% 5V* Atl Gulf & W I. 58% ... 58 58% Inti Mer M pfd. 42% 42% 42% 41% United Fruit ...141% 141 141% 141 Foods— Am Sug Rfg .. 74% 74 74% 75% Am Beet Sugar. 18 ... 18 18 Austin Nichols.. 8% ... 8% 8% Corn Products.. 78% ... 78% 78% Cuba Cane Su p 29% ... 29% 29% Cuban Am Sug. 23% ... 23% 23% Fleischmann Cos 72% ... 72% 72V* Jewel Tea 107 106 106% 106V* Natl Biscuit ...174% ... 173 172 Nat Dairy 83% ... 83% 83% Postum Cos 131% 130% 131 130 Ward Baking 3 22% ... 22% 22% Tobaccos— Am Sumatra ... 54% 54% 54’, 54% Am Tobacco ..159 ... 159 158% Am Tob B 159% ... 159% 159 Con Cigars .... 87'% 86% 87% 86 General Cigar .. 66% ... 66% 66V, I,ig & Meyers. 96% 95Vi 96 95Vi Lorillard 30% 30 30% 30% R J Reynolds ..133 ... 133 132 Tob Products 8.118% 110% 111 110% United Cigar St. 29% ... 29% 29V, Schulte Ret Strs 64 63 64 61%

Local Wagon Wheat

Local grain elevators are paying $1.68 for No. 2 red wheat. Other grades are purchased on their merits. HOLD SENIOR BANQUET Parents of members of the Broad Ripple High School senior class will give a banquet for the graduating class tonight. Fifty-four seniors will attend the dinner. The faculty and school officials are cooperating with the parents to assure the success of. the affair, which probably will be made an annual feature of the graduation ceremonies. GIVE GYM EXHIBITION A gymnastic exhibition, with class drills and dancing, was presented Wednesday evening by pupils of School 35, on the school playground. Miss Martha Pick, principal, directed the exhibition.

HUGS 10 TO 15 1 CENTS HIGHER; RECEIPTS 9.090 Few Selected Porkers Bring $10.10: Calves Drop Half Dollar. May Bulk Top Receipts 18. 9.00ft/10.25 10.25 5.500 19 8.70ft.'10.00 10.00 5.000 I 21. 8.60 ft) 9.85 9.85 7.000 ! 22. 8.75® 9.90 9.90 7.500 23. 8.60® 9.90 9.95 5.500 24. 8.60® 9.90 10.00 6.000 25. 8.75®.10.00 10 10 9,000 Hogs climber 10 to 15 cents on j the hundredweight at the local | stockyards today, although receipts j were higher at 9,000 fresh animals and 335 holdovers. Material in 170-300-pound weights brought $lO and a few selected animals sold for $lO.lO. Cattle were steady to lower ar.d calves dropped 50 cents. Sheep and lambs opened weak with the trend pointing downward. Chicago hogs opened around steady with Thursdays best prices, slO.l Obeing paid for choice 200- j 220-pound averages. Receipts num- ' bered 20,000. Pigs Up Quarter Heavy meat animals. 250-350 pounds, were up 10 to 15 cents on the local market, selling at $0,804 10.10, and material weighing 200-2,50 peunds, brought $10410.10, up the same. Lights, 160-200 pounds, sold at $9.50® 10, advancing 10 to 15 cents, while light lights, 130-160 pounds, went up 15 to 30 cents, to a range of $8.75®9.40. Pigs sold at $7.25® 8.25 and packing sows at $8.25 @ 9.25. both a quarter higher. Steers were steady ar.d cows weak in the cattle market, which was supplied with 600 head. Beef steers brought $11.75® 12.25, while cows sold at sß® 11, off 50 cents on the lo wend of the range. Low cutter and cutter cows were 25 cents lower on the top at $5.75® 7.50, while bulk , stock and feeder steers were michanged at $7.50® 9.50. Vealers Drop Half Dollar Best calves were off 50 cents in the vealer division, ranging sl4® | 15.50. Heavy calves were steady at j s7® 11. There were 1,000 animals! brought to the yards. Sheep and lambs were steady with 400 animals in the pens, mostly i springers, which sold lower at ; sl6® 18. The top for fat lambs was j sls, and bulk fat lambs brought! sl3® 14.50. Bulk culls ranged sß® 11, and fat ewes were $6.50®8.25. —Hogs— Receipts. 9,000; market, higher. j 250-350 lbs s 9.80 ft 10,10 200-250 lbs 10.00 ft 10 10 1 160-200 lbs 9.50 ft 10 00 130-160 lbs 8.75 ft 9 40 I 90-130 lbs 7.25 ft 8 25 I Packing sows 8 25'// 9.25 —Cattle— Receipts, 600; market, steady to lower. Beef steers $11.75ft 13.25 Beef cows B.ooft 11.00 i Low cutters and cutter cows .. 5.75 ft 7.50 ! Bulk stock and feeder steers.. 7.50 ft: 9.50 : —Calves— Receipts, 1,000; market, lower. Best, vealers $14.007/15.50 Heavy calves . 7.00411.00 —Sheep and Lambs— Receipts. 400; market, slow, weak. Top fat lambs $15.00 Bulk fat lambs 13.00 ft 14 50 Bulk cull lambs 3 onft 11 00 Fat ewes 6.50® 8.25 I Spring lambs 16.00 ft 13.00 ! Other Livestock B,ii United Press EAST BUFFALO. May 25.—Hogs Receipts. 2,500; holdovers. 812; market 10ft ! 15 ? UP ; P‘gs 25ft,50c up: 250-350 lbs . $lO ft 10.60: 500-250 lbs.. slo.4oft 10.65; 160-200 lbs *10.15ft10.65; 130-160 lbs., $9.25©; 10.35; 90-130 lbs., *8.75®9.25; packing sows, $8.25© 8.75. Cattle—Receipts. 150; calves, receipts 1,000; market steady: beef steers, $11.50® 14; light yearling steers ar.d heifers, 57.50ft9; beef cows, s7.soft 9; low cutter and cutter cows. $4 50ft 6.50; vealers. sl6® 16.50. Sheep Receipts, 1.400?15 r i c n e X. ! 'J ro P g „ to 25c "in bulk fat lambs. $16.50417; bulk cull lambs, sl2© 13; bulk f.at o ewes, $7.50@9; bulk spring lamb3, sl7

By Times Special 1 n I k9 UISVI , LI ; E> . Ma F 25.—Hogs—Receipts. 1,000; market, 10c higher; best heavy and medium hogs, 175 lbs. up, $9 25010: pigs and lights, 175 lbs down. $6.1508.45throwouls and stags, $70,7.60. CattleReceipts. 200; market, steady to 50c lower; prime heavy steers. sl2® 13; heavy shipping steers, $11(312: medium and plain steers, $9.50011; fat heifers, s9®l3; choice lat £ ows ' $9(3 10.50; medium to good cows. 5 71 J? 9 ’ cutters, $5,50 0.7; esnners, $5(35.50; bulls, 56W9.50: lceders, $9(311.50; stockers, 8 500 11.50. Calves—Receipts. 300; market, steady- good to choice, sllO 13; medium to good, $9011; outs. $9 down. SheepReceipts, 400; market, steady; spring lambs. $18; seconds. $12;./15; sheep, $707,50: buck $4 down. Thursday's shipments: Cattle’ none; calves, 101; hoRS. 501; sheep, 227. Bn United Press FT. WAYNE, Ind., May 25.—Hogs—Reccipts, 550; market, steady to 15c higher; 90- u 2 lbs.. $7; 110-130 lbs., $7.50; IXO-140 lbs.. $8.50: 140-150 lbs.. $8.85: 150-180 lbs" oXk 1 oV.^2" 170 lbs - * 9 - s °: 170-200 lbs . $9.90; 200-225 lbs., $10; 225-275 lbs.. $9.90: 275-350 ibs $9.60; roughs, $7 to $8: stags. $5 to $6 p i S- 125 ' Calf—Receipts. 125: market! sl4 down"' sh^~ 50: Building Permits 25 C 8. E East On ?s.s d oo' emnlC and Rara * e ’ 1823 ' c,5, r S. Kes Graves, dwelling and garage, 5439 Broadway. $6,300. * ' s3oo' H ' Lewis ' porch - 2427 N - Temple, R. E. Tollen. addition, 1441 Hiatt, $250. Dr. Edward Harpers, floor. 2501 N. Alabama. S3OO. Indiana Guard Armory, repair. 711 N Pennsylvania. SIO,OOO. William Boding, dwelling. 5826 N. Delaware. $5,000. Patrick Commins. repair, 545 N. Bellview. S2OO. Oscar Miller, dwelling and garage. 1431 W. Roache. $3,250. Miss D. Mooreland. reroof. 6030 Laurel. SSOO. Miss D. Mooreland. garage. 6030 Laurel. S2OO. Capitol Machine Company, boiler. 2801 Roosevelt, $1,200. „„P. Rpitol Machine Company, coal bins. 2801 Roosevelt. SBOO. August Kuntz. garage. 813 E. Minnesota, $250. S. M. Menoke, garage, 342 N. De Quincy, $250. J. C. Duncan, garage. 2902 N. Delaware. $250. John L. Otts, ceiling. 527 E. Washington. S2OO. Mrs. Carr, garage. 2333 Parker. S3OO. Katherine E. Mercer, reroof, 333 N. Lyman. *2OO. J. M. Rittre. dwelling and garage, 411 Buckingham drive, SB,OOO. Henry J. Foltz, dwelling, 1028 Blaine, $4,750. West Side Lumber Company, garage, 702 N. Tibbs. $750. Otho Burkhart, addition, 1018 Berwick, S2OO. GYM CLASSES IN CIRCUS Parade Held Before Emmerich Itlanual “Big Show.” Emmenih Manual Training High School gym classes gave a circus this afternoon in the school gym. A parade preceded the big show. Real wild animals—a horse, a r 9 ostrich, and a number of monkeys—were secured for the event. A. R. Romeiser and O. Bridgford were faculty sponsors. The program included, in addition to the gym class exhibitions, chemical “magic,” by the Science Club; an R. O. T. C. stunt, races, r. clown band, and a special gymnastic exhibition by students from the North American Gymnastic Union Normal College.

THE INDIANAPOLIS TIMES

Vacationing

Ik *

Airs. Homer McKee, Indianapolis, plays golf while on her vacation at French Lick Springs.

Commission Row

TRICE TO RETAILERS * FRUITS Apples- Fancv barrel anples, seasonable varieties. s7.soft 10.50; fancy basket apples, seasonable varieties. $2.75© 3.40 lbs.; cho'c-' box apples, seasonr.b e varieties. 12.75'// 4.75. Conteiouper Calif/irnia. $5,507/6 eraie. Cherries- California. S3© 3.73. 8 lbs. Grapefruit—Florida. S4'/6 crate. Lemons—California. $3 /3 crate Oranges- California natels. 53.00©4 crate; Flotidn. ss'//9 crate; California Valencias. $5.50© 9 crate Pineapples- Cuban. $3.50'!/4 crate. Strawberries Alabama. s3ft4 24-qt. crate; Tennessee, s2© 5. VEGETABLES Asparagus—Green. 90c doz. bunches, white. 75c Beans—Southern. 52.5043 hamper; Valentlens, sl.soft 2 hamper. Beets—Fancv southern. $1.75 hamper. Cabbage—Mississippi. $2.75® 4 75; Alabama. $4.75 crate. Carrots—Louisiana. $1 50 bu.; Texas. $3.50. 10 dozen crate Cos ery—Florida. $5ft5.50 crate. Cucumbers - Indiana hothouse. $1.50® 3.75 for box of 1 doz. Eeapiant—H. G.. $1 doz. Kale—Spring. 75cft$l bu. Leek—7sc bunch Lettuce—California. $3.50 cate hothouse. lecf, $2 10 15 lbs.; 30®35c doz. bunches. Mushrooms--SI. 1% lbs. Mustard -Southern. SI © 1.25 bushel. Onions Home-grown, green. 35'cf40c doz.: new Texas yellow. $2 crate; Texas crystal wax, $2.25 crate; Texas Bermudas. $2.25 crate. Parsley—loc doz bunches. Parsnips—Home-grown. 51.25 bu. Peas—Mississippi Telephone. $2 hamper. Early June. $2.75 hamper. (Peppers -F.orlda mangoes. $6 crate. Potatoes—Michigan, white. s2.9oft 3.10, 150 lbs.: Minnesota Red River. Ohios, $2.75. 120 lbs.; Idaho. $2.50. 120 lbs.: Texas, new. $4.25 cwt.: Florida Rose. $5.50 bu ; Texas Triumphs. $6.50 bu.; Alabama Triumphs. $3 75 cwt. Radishes -Hothouse, button. 60c doz. bunches: southern long red. 30c doz. Rhubarb- Home-grown, 25® 35c doz. Spinch—Kentucky. 75c bu. Sweet Potatoes—Porto Ricans. $2.50 hamper. Tomatoes Repacked. $6.50, 6-basket crate. Turnips—sl.so® 1.75 per hamper. MISCELLANEOUS Cider—s 450 6-gal. case: $4.75 doz. halfgal. jars. Gar.ic—California. 20c lb. P.U I nitnt Press CHICAGO. Mav 25. Apples, slo® 12 per bbl.; strawberries, $2.50® 3 per 24 quarts.

In the Sugar Market

ißy Thomson & McKinnon) NEW YORK. May 25.—There ore many of. the belief that the greatest necessity In the sugar business is 3-cent sugar as that figure would create a big demand. Refiners appear to be doing their best to bring about this situation and from appearances I think that it is but a matter of time until hev are successful. A change in weather condition will help considerably and as this may be confidently looked for the trend of sugar prices should be firm to higher. BU United Press NEW YORK. May 25 -Sugar futures opened steadv. July. 2.74 September 2.84. up .01; December 2.91. off .01; January 2 83, off .01: March, 2.77.

In the Cotton Market

(By Thomson 6s McKinnon) NEW YORK, May 24.—G00d weather today and tomorrow and lower cotton prices. Trader; will probably try the long side around 20' < for October, its a poor crop indeed that doesn't look good in June. We may have a rally on small unexpected private condition report or boll weevil scare, but they wil be too earlv to put much faith in Watch the weather. The market follows It. By United Press NEW YORK, May 25.—Cotton futures opened lower. July 20.35. off .08; October, 20.45. off .07; December 20.35. off .05; January 20.23, off .09; March 20,24, off .06. Marriage Licenses William C. Kasscbaum, 37. 3561 College Ave., secretary of the Security Trust Company. -and Irene B. Henrtcksen, 25, 673 E. Twenty-First St., advertising. John William Htrison. 29, Roosevelt Hotel, salesman, ami Annette Dollie Rodvllle, 22. Rooseve'.i. Hotel, saleslady. Births Boys Sam and Olivia Mosley, 1422 Marlowe. Alexander and Ada Anderson, 504 Dorman. Walter and Ethel Welch, St. Vincent’s Hospital. Lester and Bonnie Lcconipte, 1229 E. Raymond. Phoenix and Ellen Branham. 840 Camp. Ira and Eveline Williams, 1201 Cottage. Girls Morris and Mildred Phillips, 2102 Clay. Joseph and Josephine Sigreto, 535 E. Merrill. John and Clara Godfrey. St. Vincent's Hospital. Wilbur and Mary Dittrich, St. Vincent's Hospital Bernard and Beatrice Buchanan. 3119 E. Washington. Deaths Gariey Stevens, 43, Long Hospital, lobar pneumonia. Robert Russell, 55, 872 Darnell, mitral stenosis. Marie Alice Freije, 2 days. 2115 N. Harding, cerebral hemorrhage. Sallie E. Lewis, 61, 2845 N. Capitol, uremia. Carl Martin Anderson, 6 days, 423 Douglas. premature birth. Cora Klemert, 44. Christian Hospital, | carcinoma. OPERETTA PRESENTED Irving School Students Produce Musical Play. An operetta, “The Stolen Flower Queen,” was presented by the pupils of Washington Irving School 14, 1229 E. Ohio St., at the school auditorium Thursday evening. Miss Dorothy Ziegner, supervisor of music at the school, directed the production. The cast included 100 children in costume and a chorus of 300.

OATS ADVANCES AS WHEAT DIPS ON GRAIN MART Corn Moves Fractionally Lower and Higher in Opening Pit. 81l I niti il Press CHICAGO, May 25.—Wheat was nervous, and in spite of unfavorable weather reports, showed fractional losses at the opening on the Board of Trade today. Corn also showed fractical changes while oats advanced. At the opening wheat was unchanged to %c off; corn ranged from %c gain to %c down, and oats was up %c to Uc. Provisions were unchanged. Dry weather continues in the Canadian and American northwest w'heat belts. Apprehension in those regions over the spring wheat crop is seen in the influx of buying orders received recently. There was heavy precipitation Thursday night, but it was confined to central and northern Indiana and Illinois. Liverpool quotations were as expected today. Sentiment in corn continues to shift between the bullish condition cf the cash market and the bearish favorable weather reports over the belt. Stocks are small and are rapidly decreasing. The condition in May oats grows tighter as the last delivery day approaches. Cereal and cash interests are taking the bulk of the small daily receipts. Chicago Grain Table —Mav 25WHEAT— p> tl . High. Low. 12:00. close. May 1.51% 1.49% 1.50’-, 1.51% July 153'. 1.51% 1.52% 153% September .. 1.53% 1 51% 152 1.53% CORN Mav 1.05% 103’, 1.03% 105% Julv 1.07 3 - 105% i.05% 1 07'• September .. 1.07% 1.05% 100% 1 07’ OATS— May 68 65’, .68 Julv .. .57% .56% 57 571. September ... .47% .47% .47% AT'". RYE— Mav 1 35% 1.35% 1.35% Julv 130 1 25% 130% September ... 1.21% 1.19% 122 LARD— Mav 12 00 12.00 Julv 12.10 12.07 12 12 September . . 12.45 12.45 12 45 October 12 55 12.52 12.57 RIBS— July 12 42 12 42 12 22 B;t Time k special CHICAGO. May 23—Carlots: Wheat. 19; corn, 174; oats. 25: rye. 44. Bti Times Special CHICAGO. May 25.—Primary receipts: Wheat. 901.000. against 699.000; corn. 738.000. against 694,000; oats. 367.000, against 320.000. Shipments Wheat. 501.000, against 1.058.000: corn. 564.000, against 339.000; oats. 361,000. against 594,000.

The City in Brief

One hundred and two persons whose friends and relatives haai failed to mee tthem at Union Station were aided by the Travelers’ | Aid Society within the last three! months. Mrs. M. Grace Amorost, ex-! ecutive secretary, reported at the' quarterly meeting of the organna- ! tion Thursday at the Columbia Club, j A total of 903 persons were tided ! by the organization. Six Mexican librarians were guests of the Indianapolis public! library here today. The Mexicans I arc visiting libraries of the country j as guests of the Carnegie Endowment for International Peace. They i are en route to the American Li- j brary Association conference beginning at West Baden Monday. A ! luncheon in their honor was held | at the Lincoln. Lcgionaires arc invited to attend the dinner of the Eighty-Fourth j division reserve officers at the Elks 1 Club Saturday evening, which will i be addressed by Gen. Dennis E. j Nolan on “The Selective Service i Law,” it was announced today. Res- j ervatlons may be made by calling reserve headquarters, RI. 5533. The First Ward Republican Club will meet tonight at 8 at Compton! Hall, 2001 Winter Ave. Important i business is to be discussed. President Ray Kclsay of the Metal Polishers’ and Buffers Union, ; No. 171, announced today that the j twenty-sixth annual jubilee anniversary will be celebrated Saturday night at the Denison Hotel. The Marion County Rainbow Division Veterans’ Association will elect officers tonight at its meeting at the Armory at 7. The organization also will decide concerning the j Indianapolis delegation to the Rain- i bow Veterans national convention | at Columbus. The national convention of Foremen, meeting at Canton, has voted to hold its 1929 session in Indian- j apolis, according to Henry T. Davis, j Convention Bureau manager, who j returned today from Canton. Harold Renforth, 19, of 2012 Valley Ave., faced charges of forgery and petit larceny today in municipal court. Detectives charge that Renforth, while in the employe of the William H. Block Company, forged the names of other employes to I shipping charge accounts and had merchandise valued at $35 delivered to his home. George W. Klein of the firm of I Klein & Kuhn, Inc., 706 Guaranty Bldg., will address the property I management division of the National Association, of Real Estate Boards at the Louisville convention, June 19-22. G. C.,Jose, 1128 Reid St., reported his home entered by burglars Thursday night and S2OO worth of clothing taken. Brooding over the death of his ! mother, Carl Holmes, 20, left his home, 2710 Bloyd Ave., Thursday, while his father James C. Holmes, postoffice clerk, was at woik. The father stated the youth knew few persons here and he expected would be found sitting around spme of the local parks.

Indianapolis Stocks

—May 25 I Bid Ask. I Amer Central Life 600 ... | Belt RR & S Yds com 70% 73 I Belt R R & S Yds pfd 61 •Central Ind Power Cos pfd .. 99% Circle Theater Cos com 102% 105 Cities Service Cos com 67% ... Cities Service Cos pid 103 . . Citizens Gas Cos com 56% 57% •Citizens Gas Cos pfd 101% 102% *Commonwealth Loan Cos pfd.. 98% ... Equitable Securities Cos com.. . ... 1 Hook Drug Cos com 31 ... Indian Hotel Cos com 125 ... Indiana Hotel Cos pfd 101% ... Indiana Service Corp pid 93% ... Indianapolis Gas Cos com 62 ... Indpls & Northwestern pfd.. 15 Xndpls P & L 6s pfd 107.% . Indpls P and L 7s 10U 102% Indpls Pub Yel Lll Assn 31 3t Inopls St Ry Cos pfd 31 34 Indianapolis Water Cos pfd...103 Interstate P S C 6s pfd 97 100 Interstate P S C 6s pfd 97% 100 Merchants Pu Utilities Cos pfd. 101 North Ind Pub Serv Cos pfd .101 104 Northern Ind Pub S Cos 75.. .112 Progress Laundry Cos com 30% ... E. Raugh & Sons Fert Cos pfd. 50 Real Silk Hos Cos pfd 92% ... Standard Oil of Indiana .... 78% ... TH I & E Trac Cos com 2 ... T H I & E Trac Cos pfd 12 T H Trac &Lt Cos pfd 92% 97 Union Trac Cos com % Union Trac Cos Ist pfd 1 Union Trac Cos 2nd pfd % Union Title Cos com 70 Van Camp Pack Cos pfd 7 Van Camp Prod Ist pfd ... 98 101 • Van Camp Prod 2nd pfd .... £0 98 •Ex-dividend. —Bonds— Belt R R & Stk Yds 4s .... 91% ... Broad Ripple Trac Cos 5s . 81 Central Ind Gas Cos 5s 100 Central Ind Power Cos 6s .. .104 Cht S B % N Ind Rv 5s .... 17% . Citizens Gas Cos 5s 103 107% Citizens St RR 5s 89% 91% Gary St Rv 5s 90 93 Home T & T of Ft. Wayne 6s. .103 Indiana Hotel Cos 5s 101 Ind Northern Trac Cos 5s 6 Ind Rv & Lt Cos 5s 98 Ind Service Corp 5s 97 Indpls Power and Lt Cos 55.. 100% 101% Ind Union Trac Cos 5s 3 Indpls Col & So Trac 6s 102% 105 Indpls Ga* Cos 5s 102'.a ... Indpls A: Martins Trac Cos ss. 40 ] Indpls North Trac Cos 5s 14 Indpls & NorthV' Trac’Co 55.. 40 Indpls St Ry 4s 67 67% Indpls Trac & Term Cos 5s .... 96 97 Indpls Unton Ry 5s 102 Indpls Water Cos 5%s 103% ... Indpls Water Cos Ist 5s 100 Indpls Water Cos 4%s 98 100 Indpls Water Sec Cos 5s 97% 99% Interstate Pub S Cos 5%s ... 92% ... Interstate Pub S Cos 5s 99 ... Interstate Pub S Cos 6%s ... 105% ... Nor Ind Pub Serv Cos 5s 101% ... T H I & E Trac Cos 5s 74 ... T H Tr & Lt 5s 98 Union Trac of Ind Cos 6s ... 14 ... —Liberty Bonds— Liberty Loan Ist 3%s 100 16 100.36 Liberty Loan Ist 4%s 101.8* 102.01 Liberty Ix>an 2d 4%s .99.96 100 16 Liberty Loan 4th 4%s 102 04 102.24 U S Treasury 4%s 114.04 114.24 t U S Treasury 4s 109.03 109.28 I U S Treasury 3\s 106.20 106.40 U S Treasury 3%s 101 90 102.10 70.000 ‘LEARN TO SWIM’ CIRCULARS IN SCHOOLS Children Are Urged to Patronize Supervised Pools. The Indianapolis Safety Council, cooperating with the city recreation department. distributed 70.000 “Learn to Swim” circulars to Indianapolis school children this week. The circulars called attention to the facilities for swimming instruction provided at the six places supervised by the Indianapolis board of i park commissioners, and asked parents to discourage children from ! swimming in unsupervised places. Sixteen drownings last year re- ' suited from swimmers making use of unsupervised pools, while no one ; was drowned in any of the places provided by law. Six private pools, in addition to the city swirtiming places, are recommended by the circular.

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PLANE CRASHES IN AUTO President of Radio Company Killed in Accident. Bn Times Special CURTIS FIELD, N. Y„ May 25.-

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! KIDNEY REMEDIES 60c i r Doan's Tills **DC rill 39c Si.oo 7 a Monnett’i Kandoit* I TtC Balmwort Tablet* 98c $1.15 . Swamp Root OHC 60< ‘. . FOOT REMEDIES 35c Scholl's 9Q* 35c Scholl's o q 35c Scholl’s . Com ZIJC 25c Beckman's Foot 1 QPowder J.UC 35c ™ 29c 35c Allen’s Foot oq Ease /LuC SI.OO Fairyfoot q a Bunion Plaster OfsC TCaaft fit

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Herbert C. Doyle, president of th# Sleeper Radio Corporation of Long Island City, was killed today whet; his Ireland Meteor biplane crashed into Sam Morrell's car, near Curtl3S Field.

Fancy Silk SOX for Men c M (3 Pair, $1.00) Patterns galore—bold as you could wish for or subdued Made right here in Indianapolis, in the world’s foremost silk hosiery mills. Called substandards because inspectors blessed with uncanny eyesight—detected some slight blemishes! 3 pair, SI,OO. I.^, § FRAIISS &r(i>O t S3 to 20 \Vest Washington Street,

EASTMAN KODAKS $2.50 Up to $15.00 Notice Films Developed Free! In at 8:30 a. m., out at 5 p. m. Buy your films at Haag’s Stores where you are sure of getting fresh stoek. yCaafs £ct Stuft

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CIRCLE

DRY CLEANER Does not leave ring. Your summer garments made to look like new after the spots have been removed with "Circle” dry cleaner. Dries instantly. & 25c ¥

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