Indianapolis Times, Volume 40, Number 23, Indianapolis, Marion County, 7 June 1928 — Page 12

PAGE 12

LIST UNDERTONE FIRMS TODAY IN EARLY DEALINGS ■ Rails and Few Specialties Are Exceptions in Opening.

Average Stock Prices

Average of twenty industrials Wednesday was 215.51, off 2.29. Average of twenty rails was 141.51, off .89. Average of forty bonds was 97.52, off .17. B,u United Press NEW YORK. June 7.—Radio Corporation and General Motors led the market in a sharp rally from the slump near the close Wednesday. Early dealings were fairly active and the entire market with the exception of the rails and a few special issues displayed a better undertone. While the majority of carriers sold off, dealings in that section were smalL General Motors opened 6,000 shares at 19114 to 19214, up 214 and 314, and then moved up to 192%, up 314. United States Steel moved up 114 points to 144%. Radio Corporation spurted nearly ten points above the previous close to 201, while Allied Chemical gained 3 to 181 and American Can, 214 to 91%. Buying of motor shares was a feature. Packard turned over in large amounts, rising 2 points to 80, while Hupp moved up 214 to 6314 and other issues of the group advanced proportionately. Describing the market the Wall Street Journal’s financial review, said today: “Stocks rallied sharply in the early dealings owing to the lack on confirmation overnight of reports that President Coolidge plans to retire irrevocably from the 1928 presidential race. These rumors had caused many traders to take short positions in Wednesday’s late trading. Large covering orders were in the market at the opening and active stocks showed general gains ”

Banks and Exchange

FOREIGN EXCHANGE Bji United Press NEW YORK, June 7.—Foreign exchange opened steady. Demand sterling, $4.87 13-16; francs, 3.93 c: lira 5.26%c, off .00%; Belga, 13.95 c; marks, 28.89%c.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, June 7.—A1l kinds of excuses were dug out of the bag Wednesday in attempt to explain away the decline in the market. The gossips had it that the Chicago discount rate might be increased, and even went so far as to use t|ie President’s name with a story that a letter would be sent to the convention stating in unqualified terms that he would not accept the nomination. Tuesday’s market had a more severe break than Wednesday, but nothing was said abort the President. The fact of the. matter is that the market has been .overbought for a long time, but it is only now that traders art beginning to realize it. Propaganda in various forms has been used to* becloud the real issue but this is being recognized and selling of stocks is causing these breaks to come .more often with accompanying lowered prices. ’T'here is still time for those who have not recognized this situation to do so, but the only way this can be done is by liquidation.

. In the Cotton Market

(By Thomson & McKinnon) NEW YORK, June 7.—The trade demand began to show up Wednesday on the decline and it will grow in volume If the price recedes. Liquidation was heavy. Instead of advising sales on the hard spots we now think you should take the other sidq and buy on the breaks. By United Press NEW YORK, June 7.—Cotton futures opened steady to firm. October, 20.55: December, 20.42. up .03; January, 20.33,. up .03; March. 20.27. up .02; May. 20.27,1 up .03: July. 20.41. up .04.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK. June 7.—While it was the belief that 300,000 tons of sugar would be sold to other countries than the United States by Cuban interests, it is now thought that at least some of this cargo will reach here. This possibility may hare its cooling effect on the market and temper today’s activities. Bad weather conditions in Europe are reported to have sever ily affected crops and this too added to bullish sentiment. However, it is our o >lnion that the advance was too swift and that an adjustment of prices is quite probaole today. By f nited Prcst NEW YORK, June 7.—Sugar futures opened higher. September $2.76, up .03; October $2.81. up ,04c; December. $2.34. up .03c: January $2.81. UP.O2c; March $2.78, up ,02c; May $2.84, up .01c; July $2.66, up ,04c. Rock Island Gets Convention By United Press RICHMOND, Va., June 7.—Rock Island, 111., was chosen by the Supreme Council today for the 1929 convention of the Mystic Order of Veiled Prophets of the Enchanted Realm. Atlantic City, N. J., also bid strongly for next year’s meeting. MUlicent Rogers Recovering .B.y United Press NEW YORK, June 7.—Mrs. Arturo P. Ramos, the former Millicent Rogers, who is ill of double pneumonia at her father’s shooting lodge near Southampton, was reported out of danger today. Shoots at Negro Thief Emmett Nicloie, 2333 Park Ave., shot at a Negro who attempted to steal two screen doors from his front porch Wednesday night. Nicloie told police today the Negro dropped the doors and ran. Girl, 15, Kills Self By nr< Special MICHIGAN CITY, June 7.—Miss .Catherine Janoski, 15, is dead, a suicide by poisoning. No motive been disclosed.

New York i Stocks - (By Thomson & McKinnon)

—June 7 Railroads— Prev. High. Low. 12:00. close. Atchison 189% ... 188% 189 Atl Coast Line 181 Balt & 0hi0!...112 ... 110% 112'/* Canadian Pac .210 ... 208% 2C9 1 /* Chesa & 0hi0..194% 193 193V* 194% Chi & Alton 10% Chi & N West.. 84% ... 84% 84% Chi Ort West 11% C R I & P.... 116 ... 116 116 Del & Hud50n..203% ... 200% 200%. Del & Lacka...140% ... 140% ... Erie 55% ... 56 % 55% Erie Ist pfd .... 54% ... 54% 54 Grt Nor pfd ..101% ... lOl’/s 101% 111 Central 144 ... 144 145 Lehigh Valley ..107% ... 107 108 Kan City South 53 Lou & Nash 150% M K & T 33% ... 33Vi 33% Mo Pac pfd 117% ... 117% 118 N Y Central ....179% ... 178% 178% N Y C & St L 135 NY NH & H.... 60% 60% 60% 60% Nor Pacific 99% ... 98Vi 99% Norfolk & West. 185% ... 185V* 185 Pere Marquette 135 Pennsylvania .. 65% 66% 65% 65% P & W Va 150 Reading 107% ... 107% 108% Southern Rv ...157*/* ... 157 156% Southern Pac ..124 ... 124 124 St Paul 34% 33% 34 34 St Paul pfd 45 ... 44% 44% St L & S W 85% ... 85’i 87% St L dr S F 115% ... 115V* 116 Texas & Pac 138 Union Pacific .. 195% ... 195% 196 West Maryland. 47 ... 45% 46% Wabash 86% Wabash pfd 101 Rubbers— Ajax 9 ... 9 8% Fisk 14% ... 14% 14V* Goodrich 82V* ... 80% 82V* Goodyear ...... 81V* 51 51 51% Kelly-Spgffd .... 20% ... 20% 21% Lee 21% 20% 21 21V* United States ..42 ... 41% 41% Equipments— Am Car & Fdy..102 ... 102 103 Am Locomotive 106% ... 105% 106 Am Steel Fd.... 60% ... 60 60% Baldwin Loco ... 245 General Elec ...157% ... 153 155% Gen Ry Signal.. 96 94% 95 94% Lima Loco 57% N Y Airbrake.. 43% ... 43% 44% Pressed Stl Car 21% Pullman 86% ... 86% 88 Westlngh Air B 48% ... 48 48% Westingh Elec ..102% ... 101 101% Steels— Bethlehem 61 % 60% 60% 60V* Colorado Fuel... 73 7t% 71% 71 % Crucible 84% ... 84 85Vi Gulf States Stl 64 Inland Steel 58 Phil R C & 1 32 Rep Iron <& Stl 58% 58 V* 58% 58 Otis Steel .... 23 ... 22% 23 U S Steel 144% 143V* 143% 143% Alloy 36% ... 36 36% Youngstwn Stl. 88% ... 88% 88 Vanadium Corp 86% 83% 86 84% Motors— Am Bosch Mag.. 38% ... 37% 38 Chandler ...... 18% ... 18V* 18% Chrysler Corp... 81% 79% 79% 79% Conti Motors... 13 ... 12% 13 Dodge Bros ... 16V* 15% 16 16% Gabriel Enbbrs.. 18V* ... 18% 18% General Motors .192% 190 190 189% Hudson 88% ... 86% 88% Hupp 63 ... 61% 61V* Jordan 12% ... 12% 12% Mack Trucks... 95% ... 94V* 94%. Martin-Parry 21% Moon 10% ... 10 10 Paige 34% 34% 34% 34% Nash 91V* ... SU% 91 Packard 80 ... 79 % 78 Peerless 23% ... 22 22V* Pierce Arrow .. 16% 15% 16 15V* Studebaker Cor 75% 74 74 74'/* Stew Warner .. 91% 91 Vi 91% 91 Stromberg Cart 66 ... 66 68 Timken Bear ...126% 126 126% 126 V. Willys-Overland. 25V* 25% 25% 24% Yellow Coach.. 37 ... 36 37 White Motor... 39% 39 39 38 V* Mining— Am Smit & Rfg. .198 ... 196 196% Anaconda Cop .. 72% 71% 72 70 Calumet & Ar1z.103% ip2% 103% 102% Cerro de Pasco. .103V* 102 Vi 103% 74'/* Chile Copper .. 43% 42V* 43 43 Greene Can Cop. 121 119% 121 118% Inspiration Cop 24 ... 24 23% Kennecott Cop.. 90V* 90% 90% 91 Int Nickel 97% 96 96 % 95% Magma Cop ... 54% 54 54 33V* Miami Copper .. 21 Vi 20% 21 21 Texas Gulf Sul 69% ... 68% 69% U S Smelt 50% 50 50 50 V* Oils— Atlantic Rfg ...125% ... 124 124 Cal Pertlo 31% Fr*-- ■ -Textr,.. 71V* 70% 71 70 Houston Oil ...144V* ... 143% 144% Indp Oil Gas. 26% 26% 26% Marland 0:1 36% 36% 36 % 38 V* Mid-Uont ’etrol 30 ... 29% 29V* Lago Oil & Tr 33 Pan-Am Pei B 46% 44'/* 44'/* 461 Phillips Petrol.. 39% ... 39% 39V* Pro & Rfers ... 28% 27 27% 26% Union of Cal ... 51% ... 51% 51V* Pure Oil 23% ... 23'/* 23% Royal Dutch ... 52 ... 51% 51% Shell 27% ... 27% 27% Simms Petrol .. 22% ... 20% 22V* Sinclair Oil 25% 24% 24'% 24% Skellv Oil 30% ... 30% 30% Std Oil Cal 58Vi ... 58V* 58% Std Oil N J 44% 44% 44% 44% Std Oil N Y .... 35% 35% 35% 35% Texas Corp .... 62% ... 61% 61% Transcontl 8% 8% ,1% 8 White Eagle ... ... ... 33V* Industrial— Adv Rumeiy .... 49% 46% 48% 46% Allis Chalmers ..121 ... 121 121 Allied Chemical .181 179% 179% 178 Armour A 20% ... 19% 20% Amer Can ... 91% 83V* 90 89 Am Hide Lea.. .. .... ... 12V* A mH L pfd... .. 50V* Am Linseed ...113 ... 11% 110V* Am Safety Raz 67 Am Ice 39% ... 39% 40 Am Wool 21% Curtis 126 123% 124 124 Coca Cola ... ... 166'/* Conti Can 106% 106 106% 105 Certain teed 48'/* Cnogoleum 26% ... 26% 26% Davison Chem.. .. ... ... 51 Dupont ... ... 39 Famous Plyaers 128'/* 128% 128'/* 128'/* Gen Asphalt 82% 82'/* 82% 80 Int Bus Mch 124'/* Int Cm Engr... 70% ... 68V* 68 Int Paper 79% ... 78% 78% Int Harvester ..276% ... 275'/* 275 Lambert 108V* ... 107% 108% Loews 74 73% 74 73% Kelvinator 18% ... 18% 18% Montgom Ward 150% ... 148% 149 Natl C R 62'/* 62 62%. 61% Pittsburgh Coal 45'/* Owens Bottle 84 Radio Corp 200 192 193 195% Real Silk 28 ... 28 28 Rem Rand 31% ... 31% 31% Sears Roebuck .107% ... 104'/* 104% Union Carbide ..151% 150 150'/* 150'/* IT S leather ... 44% ... 44% 44% Unlv Pipe 25 24 24% 24'/, US Cs Ir Pipe.. . ... ... 269 U S Indus A1c0.110% ... 110 110% Wright 184 179% 182 177% Woolworth Cos ..188% 188 188 188 Utilities— Am Tel & Tel... 185 ... 185 185% Am Express ... ... 204'% Brklvn Manh T 64% ... 64% 64 Am Wat Wks ... 61 ... 60% 62 Col G & E 112% 111% 112 111% Consol Gas 156% ... 154V* 154% Elec Pow &s Lt.. 39% 39% 39% 39'% Interboro .... 40' ... 4040 Nor Am Cos .... 73V* ... 72% 72V* Nat Power .... 33% 33% 33% 33% Peoples Gas , 176 So Cal Edison.. 50% ... 49% 50 Std Gas & El.. 68% ... 68 68% Utilities Power. 41% ... 4040% West Union Tel 153V* ... 153% 152% Am h lnu n £7rp...ll4% 112 113 111% Am Shift & Com , ... 5% Atl Gulf &W I 55V* 55V* 55% 55% Inti Mer M pfd. 38% ... 38% 38% United Fruit 135% ... 135 V, 136 Foods— Am Sug Rfg.... 74% ... 73V* 73% Am Beet Sugar. 18V* ... 18% 9 Austin Nichols .. 7% ... 7% 7% Beechnut Pkg.. 78% ... 78 78V* California Pkg . 74 73% 74 74 Corn Products .. 75% 75% 75% 75% Cuba Cane Su p 26V* Cuban Am Sue.. 22 ... 22 22% Flcischmann Cos. 71% ~.. 71V* 71 Ve Jewel Tea 108 ’... 108 108 Jones Bros Tea.. .. 32 Natl Biscuit 169 Nat Dairy 82% ... 82% 82% Postum Cos 130% ... 128% 131 Ward Baking B. 23V* 22% 23 22% fobaccos— Am Sumatra 54‘A Am Tobacco ...159% ... 159 * 159% Am Tob B 158% ... 158% 159% Con Cigars.... 94% ... 92% 93% General Cigar... 65V* ... 65% 65% Lig & Meyers.. 94% ... 94V* 94% Lorillard 28V* ... 28V* 29 R J Reyonlds. . .133% ... 133% 133% Tob Products B . .109 ... 108V* 109 United Cigar St 30 Schulte Ret Strs 62 ... 61 61% MOTHER AND DAUGHTER KILLED AT ALEXANDRIA Train Strikes Auto Turned From Funeral Procession. B;/ Times Special ALEXANDRIA. Ind., June 7. Mrs. Minnie Crgnfiel, 47, and her daughter, Mrs. Mildred Van Horn, 26, met instant death when a Nickel Plate passenger train struck their auto on a crossing here late Tuesday afternoon. Marjorie, 6, Mrs. Van Horn’s stepdaughter, third passenger in the auto, was seriously injured. Mrs. Van Horn, driving, had jusi turned the car out of a procession for a distant relative’s funeral, when it was struck by the train. A hill and trees prevent a clear view of the crossing, scene of other fatal accidents. \ •

SOME PORKERS GO UP 5 GENTS AT STOCKYARDS Top Holds Steady at $lO.lO —Cattle Strong and Sheep Higher. May Bulk Top Receipts 31. [email protected] 10.00 9.500 June 1. 8.504? 9.90 9.90 11.5c9 2. 8.50® 9.90 10.00 4.000 4. 8.75® 10.10 10.15 5,500 5. 8.50®9.90 10.00 11,500 6. 8.501310.00 10.10 9.000 7. 7.50® 10.00 10.10 10,500 Some hogs moved up 5 cents on the hundredweight in a generally steady market at the local yards today with the top holding unchanged at $lO.lO. The bulk of material weighing 190-300 pounds sold at $lO. Receipts ivere estimated at 10,500 and there were 940 holdovers. Cattle were strong to 15 to 20 cents higher; calves advanced 5C cents and sheep and lambs were steady In other divisions. Holding steady with Wednesday’s average, a few hogs weighing 190-’ 300 pounds, at Chicago, sold at $9.90 @lO. Some choice animals brought $10.05, and a few were held higher. There were 38,000 fresh animals on hand. Most Classes Steady Hea!Vy meat animals, 250-350 pounds, sold at $9.75 @lO.lO, unchanged, while material in the 200-250-pound class advanced 10 cents on the low end of the range to $lO @lO.lO. Lights, 160-200 pounds, brought $9.50@10 up 5 cents. Other classes were steady, quotations ranging; 130-160 pounds, [email protected]; pigs, 90-130 pounds, [email protected], and packing sows, [email protected]. Cattle were strong to higher, beef steers advancing 15 to 25 cents to [email protected]. Cows sold at $8.50@11, and low cutter and cutter cows were [email protected]. Bulk stock and feeder steers brought $7.50 @9.50. Receipts numbered 1,000. % Calves Take Increase Best vealers were 50 cents highe/ at $15@16, and heavy calves sold at steady prices, s7@ll. There were 1,000 animals received. Sheep and lambs were steady with 700 in the pens. The top was sl9, and bulk fat lambs sold at sl6® 18.50. Bulk culls we%- $10.50@13. Bulk fat ewes sold for [email protected]. —Ho**— Receipts. 10,500; market, steady to'higher. 250-350 lbs * 9.75® 10.10 200-250 lbs 10.00® 10.10 160-200 lbs 9 50® 10.00 130-160 lbs 8.50® 9.25 90-130 lbs 7.25® 8.25 Packing sows 8.25® 9.25 —Cattle— Receipts, 1,000; market, higher. Beef steers $13.00® 14.50 Beef cows [email protected] Low cutters and cutter cows.. 5.75® 7.50 Bulk stock and feeder steers.. 7.50® 9.50 —Calve*— Receipts. 1,000; market, higher. Best vealers $15.00® 16.00 Heavy calves [email protected] —Sheep— Receipts. 700; market, steady. Top fat lambs $19.06 Bulk fat lambs [email protected] Bulk cull lambs 10.50® 13.00 Fat ewes 6.00® 7.50 Other Livestock By United Press CLEVELAND, June 7.—Hogs—Receipts, 2.500; holdovers. 1.300; market steady. 10c lower; 250-350 lbs.. $11.15® 10.25 300-250 lbs., $10.15®10.25; 160-200 lbs.. $4 o.lo® 10.25: 130-160 lbs.. 58.75® 10.25; 90-130 lbs.. $8.25® 8.50; packing sows. $8.25®8.50. Cattlye—Receipts. 150. Calves—Receipts. 450: ma-k'-) cattle steady, calves steady; beef steers. 112.50® 13.25; beef cows. 510.25; low cutter and cutter cows, $6®7.50; veal, ers. $14@17. Sheep—Receipts. 500; market. steady: top fat lambs. sl9; bulk fat lambs. s)7@l9; bulk cull lambs, $14@16; bulk fat ewes. [email protected]. Bjy United Press PITTSBURGH. June 7.—Hogs—Receipts, 1.200; market, strong to 10c higher; 250350 lbi, [email protected]; 200-250 lbs., $10.25® 10.60; ’l6O-200 lbs., [email protected]; 130-160 lbs., $0.25® 10.60; 90-130 lbs.. $8®9.50- packing sows. [email protected]. CatUe—Receipts, none. Calves—Receipts. 200: market, calve.',, steady: beef steers. sl2® 14.50; light yearling steers and heifers. $10.50® 13.50; beef cows, s9® 10.50: low cutter and cutter cows. s6® 8: vealers. sl3® 16.50; heavy calves, s9® 13.50. Sheep—Receipts. 300: market, steady: top fat lamb*. sl9; bulk fat iambs. *,16®'18.30; bulk cull lambs $13@15; bulk fat ewes. $6.50®9. By United Press EAST BUFFALO. June 7.—Hogs Receipts. 1.500; holdovers. 617; market steady: 250-350 lbs.. slo® 10.50; 200-250 lbs.. [email protected]: 160-200 lbs., $10®10.50: 130-160 lbs.. $9.25@>10.25: 90-130 lbs.. $8.75 ® 9.50; packing sows. $8.25® 8.50. Cattle— Receipts. 250; calves, receipts 300; market steady: beef steers. sl3; beef cows. $7.50® 9.25; low cutter and cutter cows. $4.50@7vealers. sl7® 17.50. Sheep—Receipts. 400; market steady: top fat lambs, *2l: bulk fat lambs. $18®20; bulk cull lambs, sl4® 16; bulk fat ewes. s7® 8.50.

Local Wagon Wheat

Local grain elevators are paying $1.58 for NO 2 red wheat. Other grades are purchased on their merits TRIES SIX TIMES TO END LIFE; SUCCEEDS Hanging, Poison, Jumping Out of Window Fail to Kill Her. By United. Pres* PARIS, June 7.—lt took six attempts before Mme. Prochard finally succeeded in committing suicide at Provins. She first tried to hang herself but she was found by a police commissioner and cut down. She drank poison but by taking an overdose merely made herself sick. The next time she swallowed less poison, but/ a relative forced an antidote down her throat. Then, she threw herself Into a river but a neighbor pulled her out. Another time she jumped out of a window and landed on a passerby, who was nearly killed. Finally she locked herself in a room and hanged herself with the same rope she used on the first try. All of these attempts were made within two weeks after her husband had also committed suicide. LEARNS OF NOMINATION Mrs. Frank Dailey at Mother’s Bed-, side, Told of Mate’s Selection. By Times Special BLOOMINGTON, Ind., June. 7. Seated at the bedside of her nysther, Mrs. L. S. Field, of tnis city, Mrs. Frank C. Dailey was told of her husband’s nomination as Democratic candidate for Governor at the State convention Wednesday. Mrs. Field has been seriously ill for several weeks.

THE INDIANAPOLIS TIMES.

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; pimento loaf, 34@36c: brick loaf, 34c; Swiss, 39c: Wisconsin flat, 30c; prime cream, 25®27c; flat daisy, 26@27c; Longhorn, 26%@27y*c: New York limberger. 32c. E gfrs —Buying prices: Fresh, delivered at Indianapolis, loss off, 23c doz. Poultry (buying price)—Hens, 21®Me. lb.; Leghorn hens. 18c; 1928 spring, 1% to 1% lbs., 32c; 2 lbs. and up, 33®34c; Leghorns. 29c; old roosters, 10c; ducks. 11c; geese, 8@10c; guineas, old 35c. young 50c. B.y United Press _ „ . ... NEW YORK, June 7.—Flour—Steady, but dull. Pork—Quiet. Mess—s3o. LardSteady. Middlewest spot—sl2.lo® 12.20. Sugar—Raw, dull: spot 96 test delivered duty paid, [email protected]; refined, dull; granulated, [email protected]. Coffee—Rio 7s on spot, 15%®15%c; Santos. 4s, 23%@24%c. tallow—Quiet; special, B@B%c. Hay—Firm: No. 1, $1.25; No. 3. [email protected]: clover. 75c @sl.lo. Dressed poultry—Steady; turkeys, 35®37c: chickens. 34@35c; broilers. 40® 44c’; fowls. 14@31c; ducks. Long Island, 22c. Live poultry—Dull; geese. 10® 12c; docks, 15@24c; fowls, 22®2fic: turkeys. 15. @3oc; roosters. 16c; broilers, 20® 50c. Cheese—Firm; State whole inilk fancy to specials, 30@32c: young Americas, 26c. Potatoes—long Island. [email protected]; southern. $1.25@4; Maine, $1.50® 2.50; Bermudas, [email protected]. Sweet potatoes Jersey, baskets. [email protected]; southern baskets. $2.25 @2.50. Butter —Easy; receipts, 14,280; creamery, extras. 43%®44c; special market, 44'/*®'4sc. Eggs—Steady; receipts. 40,590; nearby white fancy, 35@37c; nearby State whites. 30®34c; fresh firsts. 28'*® 29c: western whites. 30®.328c; Pacific coast firsts to extras, 38®38%c; nearby browns. 29@36c. By United Press CLEVELAND. June 7.—Butter—Extras In tub lots. 45%@47Vic: extra firsts. 42%@ 44%c; seconds, 38%@40%c. Eggs—Extras, 33c; extra firsts. 31c; flfsts. 27%@28c, ordinary, 27c. Poultry stock—Heavy broilers. 38®40c; Leghorns. 30@34c; heavy fowls, 26@27c; medium stock. 28027 c; Leghorns., 20® 22c; old roosters. 15® 16c; old ducks, 20@25c; geese. lfl@l7c. Potatoes -150-lb. sacks round whites. Michigan and Wisconsin. $2.50; 110-120-lb. sacks, Idaho russet Burbanks. $2; Florida Hastings. $4 per bbh: 150-lb. bags, $3.25; South Carolina, bbls.. $3.75.

The City in Brief

FRIDAY EVENT'S Knights of Columbus luncheon. SpinkArms. Membership Open Forum luncheon. Chamber of Commerce. Altrusa Club luncheon. Columbia Club. Optimists Club luncheon, Claypool. Exchange Club luncheon. Lincoln. Phi Delta Theta luncheon. Chamber of Commerce. Master Painters' Association luncheon, Elks Club. * Woodruff Place Clubhouse dedication, 7 p. m. Damon Club meeting. Castle Hall Bldg., 8 p. m. Cathedral High School commencement exercises, school auditorium, 8 p. m. Leroy G. Gardner, Indianapolis representative of the Travelers Insurance Company, Hartford, Conn., has been invited*to attend the threeday convention of the organization’s leading agents from the United States and Canada at Easter Point, Groton, Conn., June 27-29. In 1927 Gardner was selected to the Travelers’ President Club. Short ridge High School commencement exercises will be held at Cadle Tabernacle, Wednesday evening at 8:30, daylight saving time. The Alvin P. Hovey Post, '7. R. C. No. 197, will give a dinner Friday noon at Ft. Friendly, 512 N. Illinois St., for the benefit of the Knightstown Orphans Home. A card party will follow the dinner. Particular thieves took some tool boxes from -the Acme Tool ahd Machine Company. 924 Ft. Wayne Ave., and dropped theem into an adjoining yard Wednesday night. They scattered the tools over the yard and took only the best, valued at $225. Four members of the Indianapolis Chapter of Cost Accountants are slated to attend the national association convention at New York City, June 11-14. They are C. F. Eveleigh. Eli Lilly & Cos., auditor; William Baum, Real Silk Hosiery Company, controller; R. E. Guild Citizens Gas Company auditor, and M. P. Sullivan, auditor of the National Automatic Tool Company, Richmond, Ind.

Commission Row

PRICE TO RETAILERS FRUITS Apples—Fancy barrel apples, seasonable varieties. ss*7 9.50; fancy basket apples, seasonable varieties. $2.75*i3, 40 lbs.; choice box apples, seasonable varieties. $3.50 ( 4.75. Apricots—ss.2s crate. Cantaloupes—California. *3.25*! 4.25 crate. Cherries—California, $2,254/3. 8 lbs. Grapefruit—Florida. s4*tß crate. Lemons—California, s7®9 crate. Limes—Jamaica. $3. 100 Oranges—Florida. S7WIO crate; California valenclas. $8.75*7 9.25 crate. Pineapples—Cuban. $3.25@4. Strawberries—Tennessee Aromas, $4. 24-qt. cratp; Tennessee Klandlkes, $3. 24qt. crake; New Albany. *3.50, 24-qt. crate. VEGETABLES Asparagus—Green. 90c doz. bunches, white. 65c. Beans—Southern, $3 hamper; Valentines. $2 hamper. Beets—Fancy southern. $1.50 hamper. Sabbage—Mississippi, $2.75; Alabama. $3 crate. Carrots—loulslana, 65c bu.; Texas. $3.50. 10 dozen crate. Celery—Florida. $5®5.50 crate. Sucumbers —Indiana hothouse, $1.50 box of 1 doz. Eggplant—H.. G„. $2 doz. Kale—Spring. 65c bu. Leek—7sc bunch. Lettuce—California, $4 crate; hothouse, leaf. 75c 15 lbs. Mustard —Fancy, H. G., 65c bu. Onions Home-grown, green 85® 40c doz.; new Texas yellow, $1.75 crate; Texas crystal wax, $1.90 crate; Texas Bermudas. $1.90 crate. Parsley—sl doz. bunches. Parsnips—Home-grown. $1.25 bu. Peas—California Telephone. $4 hamper. Peppers—Florida mangoes. $6.50 crate; mangoes, $3.75 hamper. Potatoes—Michigan, white, $2 60. 150 lbs.; Mlnesota Red River Ohios./$2, 120 lbs., Idaho. $2.25; 120 lbs.. Texas, r ew $4.25 cwt.; Florida Rose. $4.75 bll.: Texas Triumphs. $6.50 bIL; Alabama Triumphs. 25 cwt Radishes—Hothouse, button. 45c doz. burches; southern long red, 30c doz. F;hubarb—Home-grown, 30c doz. Lpinach. Fancy Kentucky. 60c bu. flweet Potatoes —Porto Ricans. $2.50 hamper ' Tcmatoes—Repacked. $5.25(36.25; 6basket, crate; fancy Florida originals. $4 @5. Hot-house. $2.75. 10 lbs. Turnips—sl.so(3l.7s per hamper. MISCELLANEOUS Cider—s4.so 6-gal. case; $4.75 doz. halfgal. jars. Garlic—California. 25c lb. PRESENT SHOW TONIGHT St. Philip Nerl Students to Give “Variety,” “Variety,” a medley of pantomime, descriptice readings, and song interpretations will be presented by pupils of the expression department of St. Philip Nerl school In the school auditorium •at 8 o’clock tonight. Mrs. George S. Foerderer is directing. A musical program will be given by Edward Marbry and Sarah Robbins, violinists, accompanied by Mrs. Helen Beechem, pianist. Rainbow Veterans to Meet By Times Special FT. WAYNE, Ind., June 7.—lndiana men who served in the Rainbow division during the World War will meet here in annual convention Saturday and Sunday. A barbecue dinner, business session and memorial service have places on the program.

BEARISH NEWS, FOREIGN PRICES DEPRESSWHEAT Major Grain Opens Sharply .Lower, Followed by Corn and Oats. By United Press CHICAGO. June 7.—Generally bearish news from the wheat belt, together with much lower prices at Liverpool, sent wheat sharply lower at the opening on the Board of Trade today. Corn and oats followed the downturn. At the opening wheat was off 2% to 2% cents, com was down % to 1% cents and oats lost % to % cent. Provisions were unchanged. Heavy rains were reported over the Canadian Northwest over night while the American northwestern wheat belt received scattered showers. Liverpool quotations were much lower than expected this morning. Corn is holding steady with the market lnflueriled by small supplies of the old crop and the strong cash situation. Weather over the belt is considerably warmer this morning. There was no news of significance in oats. Chicago Grain Opening —June 7 * WHEAT— Prcv. High. Low. 12:00. close. July 1.43% 1.41% 1.40% 1.45 Sept 1.45% 1.42% 1.42% 4.46% Dec 1.47 1.44% 1.44% 1.49 CORN— July 1.06% 1.04% 1.05 1.07 Sept 1.04% 1.02% 1.02% 1.05 Dec 88% .86% .86% .89% OATS— July 56% .55% .55% .56% Sept .46% .45% 45% .46% Dec .48% 47% .46% RYE— July 1.28 .... 1.25% 1.29% Sept 122% .... 1.18% :.23% Dec 1.22% .... 1.21 1.24 LARD— July 11.95 11.82 11.97 Sept 12.30 12.17 12.30 Oct 12 32 12 32 12.45 RIBS— July 12.27 ..... 12.27 12.25 Bn Times Special CHICAGO. June 7.—Carlots: Wheat, 13; com, 74; oats. 19: rye. 0. Births Girl* Burton and Guna Nixon. 1533 Hoefgen. Reginald and Betty Buckner. 1561 Yandes. Willie and Lucille Cowherd. 920 Colton. Hobart and Elizabeth Hogue. 910 E. Twenty-First. Curtis and Cordelia Smith. 856 W. Pratt. Thomas and Vera Bridges. 1923 Yandes. Jessie and Edna Brewer. 1062 N. Traub. Garfield and Emma Watkins. 541 W. Morris. Rov and Lillian Smith. 1038 W Morris. Harold and Helen Hadley. Methodist Hospital. Fred and Violet Jaynes. 1502 E. Seventeenth. Elzv and Katherine Pullin*. 1151 N Sheffield. , , „„ „ Charles and Georgia Teckenbrock. 28 S. Rural. m Warren and Helen Ferris. 1205 ChurchAlbert and Alice Srawder. 1412 Naomi. Boy* William and Merrell Arnold. 230 Richland. T K. and Willie Stone. 2618 N. James. Abe and Dewev Mosley. 1941 Sheldon. Joseph and Sarah Duke. 2430 Ralston. John and Betty Lane. 419 Smith. Frank and Delia Wilson. 831 Chase. James and Clemetta Mathias. 2451 Martlndale. Rex and Lorraine Hayes. Methodist Hospital. Max and Ida Galesman, 1118 E. Nineteenth. Earl and Thelma Gouker. 1556 Gimber. Gustave and Violet Hoyt. 1555 Shelby. Fred and Garnet Sawyer. 318 Eastern. Norman and Dorothy Smith, 316 Trowbridge. Rufus and Dorothy Pointer. 1440 Standlsh. Twins Frederick and Eugenia Fenton, 1452 Central Ave., girls. - Deaths Thomas W. Love. 79, 2743 Beilefontaine, uremia. Lewis Bade, 63, 1902 Woodlawn, accidental. Jennie Elizabeth Watson, 81. 1136 Churchman, hypostatic pneumonia Bertha Buchanan Clarke, S9, St. Vincent’s Hospital, carcinoma. Lizize Stewart, 40, 1114 N. Miley, lobar pneumonia. William Elmer Noll. 5 mo., Methodist Hospital, broncho pneumonia. Eugene M. Wllsoa. 62. Methodist Hospital, uremia. Addle Norris Mcßeynolds, 46. 2041 Ludlow. mitral regurgitation. Fannie Regerstrief, 42. 715 Union, paralysis. Building Permits H. A. Ellis, furnace. 2724 Cornell. $356. Ethel G. Pierce, furnace. 530 Burch. $357. H. A. Ellis, basement, 2724 Cornell. $293. Marv Kessler, porch. 3121 Kenwood, S4OO. Clarence E. Vandiver, garage. 2308 Central. S2OO. Herbert Kessel. addition. 1226 W. ThirtySixth. SI,BOO. William Hollowell, garage. 874 W. Twenty-Ninth. $225. Fred W. Cassell, garage, 1028 Highland PI $350. Flossie’ P. Marshall, porch. 1015 W. Thirtieth. $350. Issac Harris, repair. 1206 Union. SSOO. Goldstein Bros., reroof, northwest corner Washington and Delaware. $235. Edith Lee. dwelling and garage, 5716 College. $6,000. B. M. Cloud, dwelling and garage. 525 E. Fifty-Fourth, $5,000. Mrs. L. Blew, garage. 3023 Boyd, $250. Reliable Wrecking Company, wreck building. 217-23 E. Michigan. SIOO. Harry C. Jones, reroof. 1204 Calhoun, $l5O. George F. Hamahan. dwelling and garage. 609 E. Fifty-Eighth. SB.OO. W. A. McCaullcy, porch, 826-28 N. Keystone. S6OO. F. L. Humphrey. 417 E. Forty-Seventh, SI,OOO. WOMAN TELLS ANOTHER MURDER CASE STORY Witness Favorable to James Takacs Reverses First Recital. By Times Special VALPARAISO, Ind., June 7. Defense of James Takacs, charged with murder, proceeded in Porter Circuit Court here today with a repudiation by his chief Witness in his first trial as part of the record. Mrs. Josephine Herceg'at the first hearing declared Albert Oresko threatened Takacs who killed him, but now asserts she was told by Takacs to testify in that manner but that in fact there were no threats by Oresko. The woman, mother of five children, deserted her husband to live with Takacs. Convicted at his first trial, Takacs was given a life term in prison. He obtained anew hearing on a plea of newly found evidence. PRISONER WALKS OUT Disappears After Dinner in Jail With His Family. By United Press WILMINGTON, Del., June 1 The family of Chaney Burke called at the jail to have dinner with him, and when Sheriff Faulkner saw how crowded they would be in the cell he set up a table in the corridor. Twenty minutes later Burke and his family had disappeared. The sheriff has warned the Burke family that unless Chaney returns all of them will be jailed.

They Lead Hoover Fight

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The first member of President 'CooliJge’s cabinet to appear at the scene of the Pepublican national convention in Kansas City was Dr. Hubert Work, Secretary of Interior, an ardent supporter of Secretary of Commerce Hoover. Work (left) is shown here with James W. Good of Chicago, national manager of the Hoover-for-president campaign, in Hoover headquarters at Kansas City.

EX-SLEUTH BATTLES ATTACKER FOR LIFE

Former Detective Wins in Gun Fight With Night Assailant. Arthur Perkins, 3136 N. Capitol Ave., a former private detective, thwarted what police believe was an attempt to murder him in the rear of his home Wednesday night and engaged in' a gun battle with his assailant. > Perkins told police he believed the man was someone he had aided in prosecuting while employed by a detective agency. Perkins had parked his automobile in his garage and started toward the house when a man hidden behind the garage door struck at him with a heavy instrument. Perkins ducked. The assailant ran toward an automobile parked in the alley. Fifty feet away he turned and fired Perkins said. Perkins returned the fire and his assailant yelled as if hit, Perkins said, and staggered against the automobile. A man in the driver’s seat pulled the apparently wounded man into the machine and drove away. FLOODS ARE_FALLING Clearing Weather Brings Hope to 4 States. By United Press ATLANTA. Ga.. June 7.—Clearing weather today brought hope to four southern States—Alabama, Georgia, Mississippi and . Louisiana —that floods which have taken a toll of seven lives, definitely were receding. Rivers still were out of their banks, however, and precautions were taken in lower reaches to avert further loss of life. The swollen rivers were the Alabama Coosa, Tallapoosa, Tombigbee, Dog, Warrior Boguefalaya and Pearl. Property damage in the affected area may reach several hundred thousand dollars it was estimated. Crops suffered heavily in sections, and must be nursed back into productive condition. FILM STARS IN BLAZE Narrowly Escape Injury When Blast Starts Case Fire. By United Press LOS ANGELES. Cal., June 7. Film celebrities, including Charles Chaplin and Marquis De La Coudray, Gloria Swanson’s husband, narrowly escaped injury here when fire destroyed the Russian Eagle case. The moving picture party was dancing when escaping gas exploded, setting fire to the building. The dancers filed from the building in an orderly manner. Three firemen suffered severe burns in fighting the blaze. FEARS FOR BROTHER Saw Strange Man Driving Car of Missing Man. A. J. Hadley, Danville, Ind, told police Wednesday he feared harm has befallen his brother. Brooks T. Hadley, 62. When he came here to report his brother missing since he started for Indianapolis in his Chevrolet coupe, he saw two strange men driving the machine, he said. William Devine. 16, of 1140 W. Twenty-Seventh St., has run away with another boy, his mother reported to police.

MONEY to LOAN Indianapolis Real Estate First Mortgage —not to exceed 50% of appraisal valueamounts of $3,000 upward. Favorable Rates The Indiana National Bank Indianapolis

BROKER AID BY U. S. BANKER HIT Glass Demands Officials Be Fired. By United Press WASHINGTON, June 7.—Removal of Federal Reserve Bank officials who “abet” stock trading is demanded by Senator Carter Glass, of Virginia, former secretary of treasury, in an article in United States Banker. Glass said the Federal Reserve Board, by permitting the recent huge increase in brokers’ loans and by arbitrarily raising rediscount rates of reserve banks, was thwarting the purpose of its founders. The Senator explained the Federal reserve act specifically forbade the reserve banks to rediscount paper drawn for the purpose of carrying or trading in stocks, bonds or other investment securities except bonds and notes of the Government, and added, “the latter themselves were included as eligible paper only because the volume of these Government securities at that time was less than $800,000,000. most of which was impounded in the banks for circulation purposes.” Glass in his article maintained that the board, by arbitrarily raising rediscount rates of the reserve banks, was assuming centralized pow'ers which its originators did not intend. URGES STABLE FRANCE Poincare Plans to Strengthen French Money. By United Press PARIS, June 7.—Clear but guarded indication of his intention soon to stabilize the franc was given by Premier Poincare today in his ministerial declaration to the newly elected Chamber of Deputies. “If we wish soon to put our money in a healthy, unshakable position,” Poincare said, “if we wish to give it (Official stability; if we wish to prepare without too much economic disturbance to end the present forced rate and convert paper money into gold, we must gather ail our forces, as demanded by any money operation, both before and after the necessary legal steps.” Dry Leader Fights Charge By Times Special ' SOUTH BEND, Ind., June 7.—The case of E. S. Shumaker, Indiana Anti-Saloon League superintendent, charged with corrupt practices act violation, entered another stage today when counsel argued a motion to quash the charge as filed by Attorney General Arthur L. Gilliom. Do you know that a Kaltex Suite, three-piece, in good condition, can be purchased at a bargain thru today’s Miscellaneous For Sale Want Ads.

We Otter. SIOO,OOO American Loan Company’s Accumulative Preferred Stock (NONTAXABLE) Established 30 Years This Stock Yields 8% Met A safe Instrument for your surplus fund*. For Complete Information and Financial Statement, Call, Write or Phone Us Umphrey & Hartz 347 Bankers Trust Bldg. Lincoln 8439

.JUNE 7, 1928

BOOM WOOLLEN AS AL SMITH'S RUNNING MATE Edge, Moses and Curtis Are Popular Prospects to Team With Hoover. BY PAUL R. MALLON United Pres* Staff Correspondent WASHINGTON, June 7.—Senator Walter E. Edge of New Jersey, is regarded as likely to be the vice presidential nominee of the Republican party next week if Herbert Hoover is nominated for President. Governor Alfred E. Smith’s running mate—in event he is nominated —is still problematical, but his friends are talking about the possibility of Evans Woollen, Indianapolis banker and Indiana native so candidate for the presidency. Moses, Curtis Oppose Edge’s vice presidential candidacy is expected to be opposed by frjends pf Senator George Moses (Rep.), New Hampshire, and Charles E, Curtis, Republican floor leader of the Senate, if Hoover should obtain the presidential nomination. Moses was president pro-temporal of the Senate and is slated for permanent chairman of the convention. Both he and Edge have been, enthusiastic Hoover supporters since the secretary’s name was first mentioned for the presidency. Both have carried a majority of delegates from their State for Hoover and either of them would be acceptable to the Hoover leaders. Edge, however, comes from a more vital State. Curtis’ friends believe he should receive second place on the ticket, regardless of the nominee, in case he should fail to obtain the presidential nomination, ’the fact that he is from a western farm State would be of much benefit to the Hoover candidacy, his friends say. His selection, however, would leave the ticket without an eastern representative. Woollen Logical Choice There has been much discussion among Smith leaders concerning a possible running mate for the Governor, but no definite arrangements are understood to have been made. At first it was thought a Southerner might be picked and the names of Representative Hull (Tenn.), Senator George of Georgia, and Governor Moody of Texas were mentioned. All three have Issued statements that they are not seeking the vice presidential nomination. Hull and George are leading candidates for first place on the ticket. The desire to select a Western candidate from a farm State has prompted the Smith men to talk about Woollen. Senator Key Pittman of Nevada, also, has been mentioned in this regard. DANCE FOR FIVE DAYS Twelve of 127 Couples Remain in Chicago Marathon. P/i United Press CHICAGO, June 7.—Twelve of 127 couples entrants remained today in the Chicago dance marathon. If any remain on the floor until 1:35 p. m. they will have equalled the present record of 122 hours. Among the twelve coup’es are Peggy Downing and Nick Wenrietli of New York City, Tony Azzara and Helen Biggie of Los Angeles, and James Pedrow and Lois Henry or Pittsburgh. The others are from Chicago. The prize for the winners is $3,500. FALLS FROM AUTO Woman Is Held at Hospital on Vagrancy Charge. A woman who gave her name as Bertha Garland, 31, of 628 Lexington ’Ave., is held under vagrancy charges at civy hospital today. A. Reveal, motorman on a Central Ave. street car, said the woman was pushed or fell from an automobile which speeded away at Twenty-Second St. and Central Ave. Wednesday night. He called police when he found she was cut on the head. She refused to tell how the accident occurred. Set Cole Estate at SIOO,OOO Estate of Dr. Albert M. Cole, valued at SIOO,OOO, was filed for probate before Judge Mahlon E. Bash In Probate Court Wednesday. Bequeaths were made to his immediate family and Henry Schuyler Cole, a son, will be administrator.