Indianapolis Times, Volume 40, Number 18, Indianapolis, Marion County, 1 June 1928 — Page 29

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LIST STRENGTH BETTER UNDER MOWS LEAD Equipments and Specials Feature Opening With Auto Shares.

Average Stock Prices

Average of twenty industrials Thursday was 219.81, up 2.53. Average of twenty rails was 144.10, up 1.09. Average of forty bonds was 98.19, up .09. Bm United Press NEW YORK, June I.—Motor equipment stocks, motors ana special issues featured early dealings on the stock exchange today The list generally was strong with gains amounting to 4 points or more in several issues. Trading was active. Mail order shares soared. Montgomery, Ward opened 12,000 shares at 157, up 512, and held around that price, while Sears, Roebuck rose 2 points to anew high at 11114. Fox film “A” spurted 4% to 90 Ti anew high record. Radio Corporation made anew peak at 219, up 614 points. U. S. Steel opened at 146 : ;i, Equipments Up Briggs Manufacturing featured the motor equipments, rising nearly 2 points on heavy transactions. Eaton Axle and others of this group made wide gains. In the motor division large gains were run up by Hudson, Hupp and Mack Trucks. Chrysler sagged about a point to 851s. Phillips Petroleum responded quickly to the declaration of the regular dividend by rising 214 to 40 a 4. New York Central ledt the rails, with a gain of 214 points to 186%. Describing the market the Wall Street Journal’s financial review said today: “Bullish enthusiasm was increased by the expansion of only $13,375,000 in brokerage loans during the week ended May 29. This was regarded as moderate and buying activities went ahead with fresh aggressivness in the early dealings.” Profit-Taking Stopped The majority of the list met profit-taking in the late morning, but a recovery immediately followed, bringing back prices substantially around noon. Allied Chemical gained 314 points to 16814, Case Threshing Machine, 9 points to 324, anew high record, but Freeport Texas declined to anew low at 6314, off 4% points. Motor shared turned slightly irregular. Hudson gave ground, and Graham-Paige held , steady, while Mack Trucks, White Motors and General Motors held advances well.

Banks and Exchange

FOREIGN EXCHANGE By United Press NEW YORK, June 1. —Foreign exchange opened irregular. Demand sterling. 54.87 15-16, off .00 1-32 c: francs, 393 9-16 c; lira, 5.26%c; belga, 13.94%c, off ,00%c; marks, 23.93 c. LIBERTY BONDS Bn United Press NEW YORK. June I.—Liberty Ist 4'is opened at 101.22. off 4; 3rd 4%5, 100.2: 4th 4Vis, 101.31, off 1.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, June I.—Merger prospects took such a hold on traders’ pagination Thursday that it seemsaoubtful if one day’s trading is sufficient to appease the appetite. Os course the motor stocks command most attention, but there are rumblings heard in which the oil and steel shares are mentioned and, as if to add weight to the possibilities of consolidations ip the steel industry, the shares of the larger organizations were active and higher. Compared with the average week the increase in brokers’ loans was small, but it 4s worthy of note that reserve bank funds and those for out of town banks are decreasing and the only relief from the contraction of credit process is derived by increased supply from corporation apd individual sources. This situation, together with large exports of gold metal, does not tend toward peace of mind for those who look to fundamentals in the money market as a guide for stock market activities. But, on the other hand, there are a great many who prefer to follow leadership, switch from one stock to another and let fundamentals take care of themselves. But this condition may be likened to a bridge which must be crossed wherein the guarantee of safety applies only to those who are first over.

Produce Markets

Butter (wholesale price)—No. 1, 47@48c; No. 2. 45@46c lb. Butterfat (buying price)—4sc lb. Cheese (wholesale selling prices. . per pound)—American loaf, 34c; umiento ioaf, 34@36c; brick loaf. 34c; Swiss. 39c; Wisconsin flat, 40c; rime cream. 25W27c; flat daisy. 20@27c; Longhorn, 26 , /a@27 , /2C; New York limberger, 32c. Eees—Buying prices; Fresh, delivered at Indianapolis, loss off, 23@24c doz. Poultry <bu'’ing price)—Hi ns, 21® 22c; !b.; Leghorn hens. 16c; 1928 spring. 1 1 /* to 1% Jbs.. 32c: 2 lbs. and up. 33@34c; Leghorns, 29c; old roosters, 10c; ducks, lie; geese, 8($10c; guineas, old 35c, young 50c. By United Press CLEVELAND, June I.—Butter—Extras in tubs, 45%®47%c; extra firsts. 42%@44%c; seebnds, 38%@40%C. Eggs—Extras, 32c; firsts, 50c- firsts, 27®27‘ic; ordinary. 27c Poultry—Express stock, heavy broilers, 40 (a 45c; Leghorns, 32Gi,35c; heavy fowls, 27 ii 28c; medium stock, 27®28c; Leghorns. 23@2&c; old roosters. 15® 16c; old ducks, 21@24c; geese, 16'<il7c. Potatoes lb. sacks, round whites, Michigan,.Wisconsin and Minnesota, 120-lb. sacks; Idaho Russet Burbanks, $2; Florida Hastings, [email protected] per bbl.; 150lb. sacks, $3.50. TAFT TO SPEAK HERE Charles P. Taft 11, Cincinnati, will address the Indianapolis Board of Trade at its annual meeting, June 7. in the Board of Trade Bldg., on “City Manager Government.” Taft is a son of the ex-President. E. Clifford Barrett, board president, will deliver his annual address at the meeting. Republican and Democratic nominees for legislature will be invited to attend the meeting, and a complimentary dinner preceding it. Annual reports of officers will be read at the meeting. Election of officers and the governing committee of the board will be held all day June 11.

New York Stocks (By Thomson & McKinnon) ———————

—June 1— **- Prev. Railroads— High. Low. 12:00. close. Atchison 193 192 192 192'A Ati Coast Line 182% ... *82% 182% Balt & Ohio ...113% ... 113% 114 Vi Canadian Pac ..213 ... 212% 215'A Chesa & Ohio.. .. ... ... 196% Chi & Alton ...'12% ... 12% 11% Chi & Wst... 86% ... 86% 89 Chi Grt jst... 12% ... 12% 13% C R I & P 116% ... 116% 117 Vi Del & Hudson ..208 ... 208 208% Del & Lacka 142% Erie 57 ... 56% 57 Erie Ist pfd 56 % Grt Nor pfd 103% 111 Central 144% ... 144% 143% Lehigh Valley.. ... ... 109 Kan City South 55% ... 55% 55% LOU & Nash 153 ... 153 152 MK & T 35 ... 34% 34’/ Mo Pac pfd 119 ... 119 119 Vi N Y Central 187 185% 186% 184% N Y, C & St L 138 >A NY NH & H 61% 61 61 >4 60% Nor Pacific ...101 ... 101 101% Norfolk & West 189% Pere Marquette. .. ... ... 138 Pennsylavnia .. 66% 66% 66% 66'A P & W Va 152 Reading ... ... 110% Southern Ry... 160 ... 160 159’/8 Southern Pac...125 ... 12414 125 St Paul 357a ... 35% 35 St Paul pfd 47% 47 47 47 St L & S W 89% ... 89% 88% StL.&SF 117% ... 117% 119% Texas & Pac 143 Union Pacific .200% 179 200% 202 West Maryland 49% 49% 49% 49% Wabash 91% 91 91% 907% Wabash pfd 101 Rubbers— Ajax 9% ■ ... 9% 9% Fisk 15 Vb ... 15Va 15% Goodrich 86 . 85% 85 % Good}ear £3 ... 53 53% Kelly-Spg 22% 21% 22% < 21% United States 43% - 43% ‘43% 43% Equipments Am Car & Fdy. .102% 102 102% 101% Am Loco 107% . 107% 106% Am Steel Fd.... 61% 61 61% 43% Baldwin Loco 252% Gen Electric ..16174 160% 161% 159% Gen Rv Signal.. 94 ... 94 93 Lima Loco .. 58 N Y Airbrake.. 43% ... 43% 41% Pressed Stl Car 22% Pullman 90 88% 89% 88% Westingh Air B. 50% 49% 50% 48% Westingh Elec .106 105% 106 104% Steels— Bethlehem 63% ... 63% 64% Colorado Fuel .. 777a 77% 77% 77 Crucible 86% ... 86% 86 Gulf states Stl. 69 67 68 65% Inland Steel ... 58% ... 59Vi 59% Phil R C & I 33 Rep Iron & Stl. 61% 61 61 Vi 607a Sioss-Sheff ... ... 118 U S Steel 147V4 145% 116 146% Alloy 38% ... 38 38% Youngstwn Stl.. 88% 88% 88% 88% Vanadium Corp. 86% 86 86 Motors— Am Bosch Mag. 40% 39% 4040 Chandler 19% ... 19% 19 Chrysler Corp. 86 ... 84 86 Conti Motors .. 13% 13% 13% 13% Dodge Bros 17% 17V4 17% 17% General Motors .194% 192V4 192% 1947 b Hudson 92 90 Vs 90% 90 Hupp 58 57% 58 57 Jordan 14% ... 14% 14% Mack Trucks ... 97 74 9 674 97% 95% Martiff-Parry .. 2374 28 % 237 a 21% Moon 11% ... 11 Vs 11 Vi Paige 37 36 37 35% Nash 93% ... 93 93 Packard 81% 7974 81 79% Peerless 24% 23% 24 23 Pierce Arrow ... 18Vi ... 1774 187 e Studebaker Cor. 79% 7874 79 79 Timken Bear .-..129% 127% 129 127% Willvs-Overland. 26% 26 26 26 Vs Yellow Coach ... 36% 36Vi 36% 36V* White Motor ... 4374 39% 43 38Vs Mining— Am Smlt & Ffg .190 194% 195 195 Anaconda Cop .. 71% ... 71 Vi 71 Va Calumet & Arlz .105% 1057s 105% 105 Cerro de Pasco. 747„ ... 747 74% Chile Copper.. 44% ... 44 % 44 Greene Can Cop. 124% ... 124% 123% Inspiration Cop. 25 ... 25 25 lilt Nickel 96% 9474 98% 94% Kennecott Cop.. 937s ... 93% 93% Magma Cop .... 5474 ... 54% 5474 Miami Copper ... . . 217* Texas Gulf Sul. 70% 70V4 7074 717a U S Smelt 49 ... 49 48 Oils— Atlantic Rfg 130% 128 Vi 130% 128 Freeport Texas.. 67% 66 66 67% Houston Oil 148% ... 148% 149% Indp Oil & Gas. 267s ... 267s 26% Marland Oil ... 39 36% 39 33% Mid Cont Petrol. 31 31 30% Lago Oil & Tr.. .. 34% Pan-Am Pet 8.. 4874 ... 48% 487s Phillips Petrol.. 40% ... 3974 38 Pro & Rfgrs 217s Union of Cal 50 Pure Oil 23% ... 23Vs 23% Royal Dutch.... 5274 52% 52% 52% Shell 27 74 ... 277 * 27% Simms Petrol... 22 ... 22 22% Sinclair Oil .... 26 ... 26 26 Skelly Oil 30% ... 30% 30% Std Oil Cal 537 b ... 58% a9 Std Oil N J 4574 4574 45% 45%, Std Oi! N Y 367a ... 36% 36% Texas Corp .... 6374 63% 63% 64 Transcontl 8% 8% 8% 8% White Eagle ... ... 24 Industrials— Adv Rumelv .... 39% 36% 39% 35 ,e Ailis Chalmers ..... I*s Allied Chemical 167% 165% 167% 164 Armour A 16% ... 16% 1674 Amer Can 92% ... 92*4 92% Am II L pfd ■ 52% Am Linseed ... 99 ... 99 101.* Am Safety Raz. 68% 68 68% 677s Am Ice 39 ... 39 39 Am Wool 21% ... 21% 22 Curtis 131% .. . 130 128% Coca Coia 171** 17074 171 16974 Conti Can 108% 107*4 108 156% Certain-teed 48% Congoleum 27% ... 27 27 Davison Chem.. 50% 50% 50% 49% Dupont ... 398 Famous Plavrrs 12774 126 7a 127% 126 Gen Asphalt 85V.'

Indianapolis Stocks

—June 1— Bid. Ask. Amer Central Life 600 ... Belt RR & S Yds com 70’/* 73 Belt RR & S Yds pfd 61 ... | Central Ind Power Cos pfd... 99'4 102’.. 1 Circle Theater Cos com 102V2 105 ! Cities Service Cos com 67% ... ! Cities Service Cos pfd 102 ‘,2 ... 1 Citizens Gas Cos com 57 57% Citizens Gas Cos pfd 101V2 103 Comomnwealth Loan Cos pfd.. 99 fiquitable Securities Cos com Hook Drug Cos com 31 Indian Hotel Cos com 125 Indiana Hotel Cos pfd 101V4 ... Indiana Service Corp pfd 93 V 2 Indianapolis Gas Cos com 62’* 64 Indpls & Northwestern pfd.. 15 Indpls P & L 6s pfd 107 Vi 110 Indpls P & L 7s 101 105 Indpls Pub Yel Ln Assn 47’/2 . • Indpls St Ry Cos pfd 31 34 Indianapolis Water Cos pfd...103 ... Interstate P S C 6s pfd 97 Vi 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 7s 112 ... Progress Laundry Cos com 30Vi ... E. Raugh & Sons Fert Cos pfd. 50 Real Silk Hos Cos pfd Standard Oil of Indiana .... 77’* ... Th I & E Trac Cos com 1 T H I & E Trac Cos pfd...... 12 ... T H Trac &Lt Cos pfd 92’,i 97 Union Title Cos com .3 Union Trac Cos Ist pfd 1 Union Trac Cos 2nd pfd _ Vi Union Title Cos com 70 Van Camp Pack Cos pfd 7 ... Van Cambp Prod Ist pfd ... 98 102 Van Camp Prod 8d pfd 90 100 ♦Ex-dlvldend. —Bonds— Belt R R & Stk Yds 4s 91 Broad Ripple Trac Cos 5s 80 Central Ind Gas Cos 5s 100 Central Ind Power Cos 6s ....104 Chi 8 B % N Ind Ry 5s ~.. 17Vi ... Citizens Gas C 5s 105 107’ 2 Citizens St R R 5s 89 Vi 91 Gary St Rv 5s 90 93 Home T & T of B’t. Wayne 6s. 103 Indiana Hotel Cos 5s 101 ... Ind Northern Trac Cos 5s 6 Ind Rv & Lt Cos 5s 98 ... Ind Service Corp 5s 97Vi ... Indpls Power and Lt Cos 5s . .lOOV2 101 Ind Union Trac Cos 5s Indpls Col & So Trac 6s 102 Vi 105 Indpls Gas Cos 5s 102 Vi 105 Indpls & Martins Trac Cos ss. 40 Indpls North Trac Cos 5s 14 Indpls & Northw Trac Cos 55.. 40 ... Indpls St Ry 4s 66 67 Indpls Trac & Term Cos 5s .... 96 97 Indpis Union Ry 5s 101 Vi ... Indpls Water Cos sVis 103 Vi ... Indpls Water Cos Ist 5s 100 Indpls Water Cos 4V4s 98 100 Indpls Water Sec Cos 5s 97Vi 99Vi Interstate Pub S Cos 4Vis 92 ... Interstate Pub S Cos 5s 99 ... Interstate Pub S Cos 6Vis ....10514 ... T H I & E Trac Cos 5s 74 T H Tr & Lt 5s 98 Union Trac of Ind Cos 65.... 14 ... Nor Ind Pub Serv Cos 5s IOIVi ... —Liberty Bonds— Liberty Loan Ist 3Vis 110.18 100.38 Liberty Loan Ist 4V4s 101.72 101.92 Liberty Loan 3d 4’/ t s 99.96 100.16 Liberty Loan 4th 4Vis 101.98 102.18 U S Treas 4Vis 114.04 114.24 U S Treas 4Vis 10? 98 109.18 U S Treas 3%s 106.14 106.34 U S Treas 3%s 101.80 102.00 —Sales—sl,ooo Citizens St R R 89% $4,000 citizens St R R 89 Vi

In the Sugar Market

(By Thomson & McKinnon) NEW YORW, June I.—The inactivity and absence of developments in the sugar market has disccouraged traders. Therefore, whenever selling for special reasons takes place it is joined by many disgruntled longs and because of this, conditions look worse than they really are. Fundamentals, while far from perfect, point in our estimation toward the constructive. By United Press NEW YORK, June I.—Sugar futures opened lower. July 2.65, oq .02; September 2.75, off .02: December 2.85. off .01; January 2.80, off .01; March 2.75 unchanged.

Int Bus Mch 125 Int Cm En.tr .. 59 58% 59 58% Int Paper 78 7774 70 77% Int Harvester.. 285% 285 285% 285 Lambert 113 ... 113 114% Loews 73% ... 73 72% Kelvinator 19% ... 19% 19 V* Montgom Ward. 157 154% 156 151% Natl C R 6374 ... 63% 62% Pittsburgh Coal 45 Owens Bottle 84% Radio Corp .... 219 215% 21574 213% Real Silk 27 Rem Rand 35% ... 34 74 34% Sears Roebuck.. 112% 110% 111% 109% Union Carbide ..155 ... 154‘/a 15374 U S Leather 35% ... 35% 35% Univ Pipe 23 2274 23 227* O S Os ir Pipe.. 270% ... 270% 266 U S Indus Alco.. 113*4 112% 113*/* 112% Wright 182 ... 179 181% Woolworth Cos ..192% 19074 192 190 Utilities— Am Tel & Tel ..189 ... 189 202% Am Express 189"' Am Wat Wks... 62% ... 62*4 62 Brklyn-Manh T 65% 63% 65 % 64% Col G & E 11374 113 11374 11374 Consol Gas 157 155% 157 155% Elec Pow & Lt.. 42 41% 42 41% Interboro 42 ... 41% 41 Nor Am C 0.... 75% ... 75% 74% Nat Power .... 35 ... 34% 3474 Peoples Gas ...176 ... 175 175 So Calif E 51 % ... 51 5074 Std Gas & El.. 7074 70 70*4 6974 Utilities Power.. 45% 45 45% 44% West Union Tel 155 Shipping— Am Inti Corp ..1207a 118% 119 121 Am Ship & Com 5% ... 5% 574 Atl Gulf & WISB Va 57% 58 55 Inti Mer M pfd 4071 United Fruit 13674 ... 13674 139 Foods— Am Sug Rfg 7374 72% 73 7274 Am Beet Sugar.. .. ... 18 Beechnut Pkg '' 007/. California Pkg ' 745“ Corn Products.. 77 7674 '7l 76% Cuba Cane Su p. 28 ... 28 28% Cuban Am Sue.. 23 2274 23 23 Fleischmann Cos 72% 72 V* 72% 72 Jewel Tea ......112 111 tl2 108 Jones Bros Tea.. .. 003/ Natl Biscuit ...170 ... no 171 Nat Dairy .... 84% 83*/, 84 82%' Cos 1357* ... 132% 1347. Tobaccos— Am Sumarta... 55 ... 55 55 Am Tobacco ...161 ... 161 161% Am Tob B 162% 161% 161% 161 % Con Cigars.... 93', 91% 93 agi , Genera! Cigar... 66% ... 66% 66% Lig & Meyers.. 97V4 ... 97% 97 Lorillard 30*4 29% 30 30 S J Reynolds... 133 % ... 132% 132% Tob Products B. .110 ... 109% 109% United Cigar St. 29% . . 29% °9% Schulte Ret Strs .. ... . .

PHARMACISTS TO GRADUATE 43 Get Diplomas Tonight From City College. Forty-three graduates of the Indianapolis College of Pharmacy will receive their diplomas at graduation exercises tonight at 8 o'clock at the Hoosier Athletic Club, 902 N. Meridian St. Dean Edward H. Niles will make the introductory remarks; Prof. Edward F. Wagener will present the scholarship prizes, and Francis E Bibbins, president of the board of trustees, will present the diplomas. Walter Myers, attorney, will make the principal address. Hiram C. Warmouth will read the class history and William D. Lively the class will. The valedictory address will be given by Anthony N. Haag. The graduates: Homer L. Armstrong. Joseph A. Bills. Herbert Bohn, Meyer B. Cohen, C. Horace Cutshall, Glenn P. Denton. J. Lewis Dupraz. Melvin Dudkee, George G. Ebert Blake S. Emerson. Joseph E. Flaherty Roscoe D. Fritz. Anthony N. Haag, Lawrence J. Johantgen, Warren F. Jones. Bernard M. Keene Jr.. Gordon C. Kidder, Joseph C. Kramer, A Leland Larrlson. William D. Lively, Lloyd Livingston. WilA. Logan. Daniel A. McCaughna, William H. McCroskey, Arnold S. Meier. James P. Melser. Hazen A. Miller. Oren Eyne °ttlnger, Donald L. Price. Charles E. Robertson. Joseph S. Salerno. George Schoener. Alton P. Seymour, Truman H. Shirley. Carl e.. Speelmon, Arthur W Sprandel, William C. Strafford. Dan F Talbott Robert Teeter. A. Robert Vestal. £%,.^ elv i n ,„ Waltz ' Hlram c - Warmouth. Ilorres E. Winsor. Demonstrate Gym Work A demonstration of physical education activities was given by the graduating class of the Normal College of the American Gymnastic Union Thursday in the Athenaeum gymnasium.

These Banks Will Close at 1 P. M. on Saturdays

From Saturday, June 2, to and Including Saturday, September 1 DOWNTOWN BANKS

Aetna Trust and Savings Cos. Bankers Trust Company City Trust Company East Washington State Bank Farmers Trust Company Fletcher Savings and Trust Company, Main Office

COMMUNITY BANKS

Belmont State Bank Broad Ripple State Bank Citizens State Bank East Tenth Branch, Fletcher Savings and Trust Company East Side State Bank Forty-Second Street State Bank Irvington State Bank

BE INDIANAPOLIS TIMES

HOGS OFF 5 TO RECEIPTS HEAVY 10 CENTS, WITH Other Animals Generally Steady; Hog Top $9.90; 11,500 Here. May Bulk top Receipts 24. 8.604S 9-90 10.00 6,000 25. 8.754)10.00 10.10 9,000 26. 8.754S 9.90 9.90 5,500 28. 8.754S 9.90 v 9.90 5.500 29. 8.754): 10.00 10.00 8.000 31. 8.754510.00 10.00 9.500 June 1. 8.50® 9.90 9.90 11,500 With 11,500 animals in the supply of fresh hogs at the local stockyards today, prices weakened generally 5 to 10 cents on the hundredweight, and the top dropped to $9.90. The bulk of material weighing 170-300 pounds brought $9.85 and up. There were 545 holdovers. All other divisions presented fairly steady tones. Hogs opened steady with Thursday’s best prices at Chicago, few sales of choice 190-240-pounders averaging $9.90® 10. Receipts numbered 25,000. Pigs Unchanged Pigs and packing sows were steady, the former going at $7.25® 8.25, and the latter bringing $8.25 ®9.25. Heavy butchers, 250-350 pounds, sold at $9.75'ii9.90, off 10 cents on t the top. Material in the 200-250-pound class dropped 10 cents throughout, selling at s9.B® 9.90, while lights, 160-200 pounds, were $9.50®9.85, 5 cents lower on the top. Light lights weighing 130160 pounds were down a quarter on the low end of the range at $8.50® 9.25. Cattle prices were virtually steady, with the supply numbering 600. Beef steers were $12.50® 14 and cows, $8 @ll. Low cutter and cutter cows brought $5.57®7.50, while bulk stock and feedei steers sold for $7.50® 9.50. Others Are Steady Calf receipts were 1,100 and the market was steady. Best vealers brought $15'016, and heavy calves went at s7® 11. Sheep and lambs were unchanged except for a decline in bulk fat ewes, which sold at $6®7.50. The top was sls and fat lambs brought $13®14.50. Bulk culls ranged sß® 11. Springers sold again today for sl6® 19. There were 600 animals in the pens. —Hoxs— Receipts. 11,500: market lower. 250-350 lbs $ 9.754) 9.90 200-250 lbs 9.80'/ 9.90 160-200 lbs 9.50*'/ 9 85 130-160 lbs 8.509/ 925 90-130 lbs 7.25 / 8.25 Packing sows 8 25® 9.25 —Catlle— Receipts. 600: market, steady to strong. Beef steers $12,504) 14.(*0 Beef cows 8 004/ 11.00 Low cutters and cutter cows .. 5.754/ 7.50 Bulk stock and feeder steers.. 7.50® 9.50 —Calves—- - Receipts, 1,100; market steady. Best vealers $15,004/16.00 Heavy calves 7.00®11.00 —Sheep and lambs Receipts. 600; market steady. Top fat lambs $15.00 Bulk fat lambs 13.00® 14.50 Bulk cull lambs 8.004) 11.00 Fat ewes 6.009, 750 Spring lambs 18.00® 19.00 Other Livestock By United Press EAST BUFFALO. June I.—Hogs Receipts. 2,009: holdovers, 589; market 15'u 20c up: 250-350 lbs.. $lO 4/ 10.60. 200-260 lbs.. $10,404/ 10.60; 160-200 lbs.. $10,254/ 10 60; 130-160 lbs.. $9.50/10.10; 90-130 lbs. $94/9 50; packing sows, $8,254/8.75. Cattle—Receipts. 100, calves, receipts 800; market steady: calves 50c up: beef steers.

Security Trust Company State Savings and Trust Cos. Union Trust Company United Labor Bank and Trust Cos. Washington Bank and Trust Cos. West Street Branch, Fletcher Savings and Trust Company

Roosevelt Avenue Stfrte Bank Rural Street Branch, Fletcher Savings and Trust Company Sixteenth Street State Bank Thirtieth Street Branch, Fletcher Savings and Trust Company West Indianapolis Branch, Fletcher Savings and Trust Company

In the Cotton Market

(By Thomson & McKinnon) NEW YORK, June I.—The cotton market responds quickly to trade buying around 20.50. You should buy near this price and sell at 21 cents. There will be time enough to take a positive position after we know more about the crop. By United Press NEW YORK, June I—Cotton futures opened barely steady. July. 20.53, off .02; October, 20.63, off .05: December, 20.45. off .08; January. 20.40, off .04; March. 20.33, off .06. $12@14; beef cows. $7.50419.25; low cutter and cutter cows, $4.25®6.75; vealers, sl7® 17.50. Sheep—Receipts, 400; market steady; top fat lambs, $17.50; bulk fat lambs, sl2# 17.35; bulk cull lambs, sll4/ 13.50: bulk fat ewes, $7®8.50; bulk spring lambs. sl7 @2O. Bit United Press TOLEDO. June I.—Hogs—Receipts, 300; market. steady*: heavies, $9,254/ 9.75; mediums. $9,904/ 10; Yorkers, $9,904/ 10; good pigs. SB4/8.50. Cattle—Receipts, light; market, steady. Calves—Receipts, light; market, steady. Sheep and lambs—Receipts. light; market, steady. By United Press CLEVELAND. June I.—Hogs—Receipts, 2,000; holdovers. 2.400; market 10c down; 250-350 lbs.. $lO4/10.15; 200-250 lbs.. slo@ 10.15; 160-200 lbs.. $9,904/ 10.15; 130-160 lbs., $8,504/ 10.15; 90-130 lbs.. $8,254/ 7.75; packing sows, $8,254/8.50. Cattle Receipts, 75; calves, receipts. 300; market, steady; beef steers, $11;/ 12; beef cows, [email protected]; low cutter and cutter cows, s6@7: vealers, $144/17.50. Sheep Receipts. 500; market steady; top fat lambs, sl7; bulk fat lambs. sls 9 16.50; bulk cull lambs, $11,504/ 14; bulk fat ewes. $6,504/ 7.50; bulk spring lambs. [email protected]: bulk cull spring lambs. sl4® 16. By Times Speeinl LOUISVILLE. June I.—Hogs—Receipts. 100; market, steady; best heavy and medium hogs. 175 lbs. up, $9,104/ 9.85; pigs and lights, 175 lbs. down. $64/8.30; throwouts and stags. $6,854/7.45. Cattle—Receipts, 100; market, steady; prime heavy •teers, $124/ 13; heavy shipping steers. sll4/12: medium and plain steers, $9.50 GJI; fat heifers, $94/ 12.75; choice fat cows, $8,504/ 10.50; medium to good cows, $6 504/8 50; cutters. $5,504/8.50; canners, $4,504/ 5.25: bulls. $64/9; feeders, $94/ 11.50; Stockers. $8,909 11.50. Calves—Receipts. 300; market, steady; good to choice, 11.50 13.50; medium to good. $9,504/ 11.50; cuts. $9.50 down. Sheep—Receipts. 800; market, steady; best mixed lambs, $18: ewes and weathers, $18.50: seconds, $124/15: sheep. $74/ 7.50; bucks. $4 down. Thursday's shipments: Cattle, 208; calves, none; hogs, 556; sheep. 2,087.

Local Wagon Wheat

Local grain elevators are paying $1.58 for No. 2 red wheat. Other grades are Durchased on their merits. BROOKLYN YOUTH'IS SLAIN IN ROADHOUSE Woman Proprietor Admits Shooting, but Claims It Accidental. By United (’ri 4 SEATTLE, wash.. June I.—A coroner's inquest was to be held today into the death of George Fowler, 21, son of a Brooklyn <N. Y.) physician, who was shot and killed at a roadhouse near Skyhonish last Wednesday night. Mrs. Peggy Davis, proprietor of the roadhouse, was held while authorities investigated her story of Fowler’s death. Mrs. Davis confessed she shot the youth, but said the shooting was accidental and occurred during a liquor party. A woman who accompanied Fowler to the roadhouse Wednesday night was sought as the only other witness of the shooting. Police indicated they were inclined to credit Mrs. Davis’ story. She was near collapse today. JUDGE GETS THREAT Municipal Judge Paul C. Wetter received a telephone message Thursday to the effect, “I'll get you.” It could not be traced. Officers in the courtroom are keeping a close check on spectators. "I have received such calls before, but I am going to continue running my court as before, being as fair to everyone as possible." Judge Wetter believes either a bootlegger or drunk, or one allied with one of them, probably called him.

WHEAT STARTS SESSION HIGHER IN NERVOUS PIT Leader Advances a Fraction Despite Good Weather; Corn Irregular. By United Press CHICAGO, June I.—Wheat was nervous and opened with fractional gains on the Board of Trade today, in spite of continued favorable weather reports from the belt. Corn was irregular and oats worked fractionally with wheat. At the opening, wheat was up % to % cent, corn ranged from % cent down to % cent higher, and oats were up % to % cent. Provisions were unchanged. Weather reports over the wheat belt continue favorable. Rains were reported in Minnesota and the central American belt overnight, while the southwestern winter wheat district also received moisture. Liverpool quotations were about as expected this morning. A crop report of Chicago experts is due today. Liquidation in corn has been about completed and more strength was shown Thursday than in the wheat pit. Crop news continues favorable. The crop outlook for oats continues to improve, but the old crop is dwindling rapidly. Chicago Grain Table —June l WHEAT— prev. Hiqh. Low. 12:00 close. July 1.45% 1 44% 1.44% 1.44% September .. 1.47 1.45% 1.46 1.45% December .. 1.49% 1.47% 1.48%' 1 47% CORN— Julv 104% 1.02% 1.03 1.04 September ... 1.03**1 02% 1.02% 1.03% December ... .88% .87% .87’ 2 .88 OATS— July 55% ... .54% .54% September ... .46% .45% .45% .46% December ... .47 ** .. .47% .47% RYEJuly 1.24% ... 1.24 T 2 1.38 September .. 1.17% 1.15 116% 124% December ... 1.10% ... 1.18% 1.17 LARD— July 12.02 .... 11.95 12.00 September .. 12 42 .... 12.30 12 40 October ... L 2.50 .... 12.42 12.47 RIBS— Julv 12 30 .... 12.30 12.25 September 12.60 Bn Times Sneeial CHICAGO. June I.—Carlot: Wheat. 13; corn. 356; oats. 104; rye. 12: Barley, 9. Building Permits Miles Hoke. dwellinß, 3022 Station, $4,000. Clarence Lester, raisins; house. 961 E. Minnesota, SSOO. G. C. McConnell, basement, 1214 HoesKen. $250. Harrv Keene, canopv, 1106 Prospect, S7OO. | Dr. Lowe, garage. 1930 Bcllefontaine, j S3OO. Lewis Wolff, garage. 141 W. Ninteenth, S2OO. Minerva Ford, garage. 1706-08 Rembrandt. S2OO. H. H. Woodsmafl. repair, 2720 N. Meridian. $420. Gill Thomas, rcroof and repair, 960 Arnolda. S2OO. Maynard Realty Company, dwelling and garage. 5430 N. Meridian. $20,000. Washington Bank and Trust Company, addition. 3906 Hoyt. $550. Dr. Hunter Smith, dwelling and garage, 115 W. Forty-First, $4,200. Charles McArthur, dwelling and garage, 5945 Bcllefontaine. $6,300. M. E. Cain, reroof, 1404 E. Raymond, $219. Elsa P. Pauli, reroof. 2842-44 Park. $269. H. C. Ryker, reroof. 3544 N. Capitol, S2BO.

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Commission Row

PRICE TO RETAILERS FRUITS Apples —Fancy barrel apples, seasonable varieties. sf@9 SJ; fancy basket apples, seasonable varieties, $2,754/3, 40 lbs.; choice box apples, seasonable varieties, [email protected]. Cantaloupes—California. $54/5.50 crate. Cherries—California, $2,254/3. 8 lbs. Grapefruit—Florida, $44/8 crate. Lemons—California, $7,504/9.75, crate. Limes—s3, 100. Oranges—Florida. $74) 10 crate; California Valencias. $5,504/9.50 crate. Pineapples—Cuban [email protected] crate. Strawberries—Tennessee Aromas, $4.50 24-qt. crate; Tennessee Klandlkes, $3.50, 24-qt. crate. VEGETABLES Asparagus—Green, 90c doz. bunches, white. 65c. Beans—Southern. $2.50 hamper; Valentines. $2 hamper. Beets—Fancy southern, $1.50 hamper. Cabbage—Mississippi, $3; Alabama, $3 crate. Carrots—Louisiana, $1.50 bu.; Texas, $3.50. 10 dozen crate. Celery—Florida, $54)5.50 crate. Cucumbers—lndiana hothouse, $1,50'9> 2.50 box of 1 doz. Eggplant—H. G., $2 doz. Kale—Spring, 75c bu. Leek—7sc bunch. Lettuce—California, $4 crate; hothouse, leaf. $1.25 15 lbs. Mustard—Fancy. H. G., 75c bu. Onions Home-grown, green. 354)40c doz.; new Texas yellow. $2 crate; Texas crystal wax. $2 crate; Texas Bermudas. $1.85 crate. Parsley—sl doz. bunches. Parsnips—Home-grown. $1.25 bu. Peas California Telephone. $2.75, hamper. Peppers—Florida mangoes. $7 crate. Potatoes—Michigan, white, $2.65. 150 lbs.; Minnesota Red River. Ohios, $2.25. 120 lbs., Idaho. $3.50; 120 lbs., Texas, new $4.25 cwt.: Florida Rose. $4.75 bll.: Texas Triumphs. $6.50 bll.: Alabama Triumphs, $2 25 cwt. Radishes—Hothouse, button. 45c dovs. bunches; southern long red. 30c dog. Rhubarb —Home-grown. 30c doz. Spinach. Fancy Kentucky. 60c bu. Sweet Potatoes—Porto Ricans. $2.50 hamper. Tomatoes —Repacked. $5.254/6.20; 6basket crate; fancy Florida originals. $4 4/ 5. Turnips—[email protected] per hamper. MISCELLANEOUS Cider—s4.so 6-gal. case; $4.75 doz. halfeal. jars. Garlic—California. 25c lb. REAGAN SERVICES SET Veteran Block Employe Will Be Buried Saturday. Funeral services for Jesse S. Reagan, 68, night foreman at the William H. Block Company, who died Thursday at the home of his daughter, Mrs. L. F. Stahl, 4120 Park Ave., will be held Saturday, 2 p. m„ at the daughter’s home. The Rev. C. H. Winders, pastor of Northwood Christian Church, will officiate. Burial will be in Crown Hill. Besides the widow and daughter, surviving are a sister, Mrs. John Stephenson of Frankfort and three brothers. Harry Reagan. Frankfort; George Reagan, Thorntown, and Dr. Theodore Reagan. San Diego, Cal.

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PAGE 29

250 HAYMAKERS OF STATE MEET HERE SATURDAY Will Discuss Plans for National Convention in South Bend. More than 250 members of the State Haymakers are expecteed to attend the convention in Indianapolis Saturday at the Denison. Sessions will open at 9 a. m. with registration of delegates under thp direction of William A: Johnson. Muncie, State chief. A. C. Hoffman, Lapel, vice chief, will assist Grover C. Exline, JasonV ville, is collector of bundles, and P. F. McLaughlin, Anderson, is treasurer. The Haymakersc is a side degree of the Improved Order of Red Men. Will Elect Muncie Man Business includes election of officers and plans for the national convention in South Bend, Ind., Aug. 10. Johnson will be elected past State chief, and Huffman, State chief. Candidates for vice chief are Martin P. Geis, Indianapolis; E '.7. Howenstine, Huntington, and William Vickers, West Terre, Haute. For collector of straws, Exline is opposed by H. F. Tincher, Martinsville, and Emil G. Decker, Noblesville. McLaughlin will be re-elected keeper of bundles. Local Man Candidate Candidates for national rep-resentative-are Frank Cook, Indianapolis: William M. Howe, Frankfort; Alphia Richards, Engles, and M. P. Lawson. Staunton. Many members of the Haymakers in Indianapolis are planning to attend the National convention in a body. This will be the first time the convention has been held in Indiana, and S. L. Smith, South Bend, will be named national chief. Memorial services at the State meeting Saturday will be in charge of Arch H. Hobbs, Indianapolis, great chief of records of the Red Men. O. W. Coxen, Elwood, and Harry Robinson, Bloomington, will assist.

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