Indianapolis Times, Volume 40, Number 244, Indianapolis, Marion County, 1 March 1929 — Page 28

PAGE 28

WHEAT, OATS SHADE LOWER IN PIT OPENING Corn Holds Firm Tone; Many Exporters Forced to Sell Below Cost. Bit United Press CHICAGO. March I.—March deliveries of wheat and oats were a shade lower here today, but strength of deferred months kept markets unevenly steady. Corn had a firm tone. At opening wheat was % cent lower to % cent higher. Corn was U a to •% cent higher and oata were % cent lower to lb cent higher. Provisions were slightly higher. Open interest in all wheats is at anew record and, while it can not be known whether this is largely bought or sold, the effect to create a firm market, subject to technical recessions. Deliveries of March wheat this morning w’as 2,350,000 bushels. Weather in Europe is very cold, causing heavy consumption, but because of frozen parts many exporters are being forced to offer grain to the united kingdom at below cost. Deliveries of corn on March contracts was about as expected. 1,340,000 bushels. Weather over the belt war: favorable, but no increase in movements is expected for some time. March oats stood Thursday’s liquidation fairly well, because of buying by cash houses wfio sold the May. Deliveries on March were 950,000 bushels this morning. Chicago Grain Table —March 1— Prev. WHEAT High. Low. 12:00. Close. March 1.23% 1.23V* 1.23'/a 1.23% May 1.29V* 1.28% .28% 1.29V* July 1.32 1.31'/a 1.31% 1.32 V* CORN— March .95% .94% ,95V* .95 Mav 1.00 .99% .99% .99% July 1.02V* 1.02% 1.02% 1.02% March ....... .48% .47% .47% .48% May .51% .51% .51% .51% July 49V* .49% RYE— March .... .1.08% 1.08 1.08 1.00 May 1.11% 1.11% 1.11% 1.10% July I.lOV* 1.10% 1.10% 1.19% LARD — March 11.87 11.85 11.85 11.87 May 12.27 12.22 12.22 12.25 July 12.57 12.55 12.57 12.55 September ..12.90 12.89 12.89 12.82 RIBS— Mav 13.50 July 14.05 13.95 B v Times Kpecial CHICAGO. March I.—Carlcts: Wheat, 48: corn, 203; oats, 35; rye, 5.

Produce Markets

Butter (wholesale) —No. 1. 52®54c: No. 2, 51@52c. Butterfat—Lb., 51@52c. Cheese (wholesale selling price per pound)— American loat, 38c: pimento loaf. 35c; Wisconsin flat. 29c; prime cream. 27c; Daisy 25c: Longhorn. 26c: New York Dmberger. 30c _ . . „ . . Eggs—Buying prices: Fresh delivered at Indianapolis, loss off. 30c. Poultry (buying prices)—Bens, 26@ 27c: Leghorn hens. 21@23c: 1926 springers, large breed, 2 lbs. and up. 26c; 1 to IV* lbs. 23c: Leghorns. 21c: old roosters large. 12'®15c: small 10(®13c: ducks. 16® 17c: spring guineas. 30c: turkeys. No. 1 voung toms. 12 lbs. and up. 35@38c: No. 1 voung hens. 35c a lb.; No. 1 old toms. 22@25c: No. 2 old hens. 25@30c 'a lb. By United Press CHICAOO, March I.—Eggs—Receipts, 9,740 cases; extra firsts, SglafaAOc: firsts. 39c; ordinaries. 35® 37c: seconds, 35c. Butter —Receipts. 7,169 tubs: extras. 49 I ,ic; extra firsts. 47 , 'i®'48c; firsts. 45>/2C''46 1 /2C; seconds. 44®-45*/ac; standards. 49c. Poultry—Receipts. 2 cars; fowls. 20@31c: springs, 22(0330; stags, 26c; Leghorns. 23 ®29c: roosters. 23c; ducks, 24@30c; geese. 23c: turkeys, 20® 30c. Cheese Twins, 22 ! jc; voung Americas. 23 , /ic. Potatoes —Market, dull; arrivals, 112; on track. 212: In transit. 946; Wisconsin sacked round whites. 75c 3 451; mostly, 85® 90c: Minnesota and North Daktota sacked Red River Ohios. [email protected]; Idaho sacked russets, [email protected].

Local Wagon Wheat

City grain elevators are paying $1.27 lor No. 2 red wheat and $1.15 for No. 2 hard.

Banks and Exchange

City bank clearings figures, as given In The Times daily, are checked carefully and always are correct, barring possibility of typographical errors. INDIANAPOLIS STATEMENT Indianapolis bank clearings Friday. March 1. $4,093,000; debits. $11,518,000. NEW YORK STATEMENT Bn United Proa* NEW YORK, March I.—Bank clearings, *2.216.000.000; clearing house balance, 9189,000,000: federal reserve bank credit balance. $176,000,000. TREASURY STATEMENT 15it United Press WASHINGTON. March I.—The treasury net balance lor Feb. 27, $86,401,687.53; customs receipts to that date, $45,903,234.68. SEE FIRST AMERICANS Natives of Bali Give Colorful Welcome to Children. if)/ United Press NEW YORK, March I.—The first American children ever to see or to be seen by natives of Bali, in the East Indian archipelago, are Jack and Jean Forstall, 9 and 7, son and daughter of James Forstall, Chicago attorney, according to a cablegram received here today at the headquarters of the Red Star line from the steamer Belgenland now at Java on a world cruise. The natives of Bali staged a special welcomnig ceremony and picturesque dances in their honor, the cable stated. Bali never before has been visited on a world cruise. CRIPPLED: ENDS LIFE Prefers Df*th by Hanging to Physical Handicap. Bn United Press LOS ANGELES. March I.—After a doctor had told him that he would be a cripple for the remainder of his life William Kunstam. 60, revolted against life and hanged himself to a door with a belt. Police officers summoned to his hotel room found a note which read: “Had an x-ray yesterday. The doctor says I will be a cripple. I can’t stand that.”

A l —l Over Now By United Pres* • COLUMBUS, 0., March I. Staunchly supporting A1 Smith for the presidency. Prank Quinn, manager of a local theater, has filed a cross-petition to his wife’s divorce suit charging she “goes into fits of rage because he didn’t vote for Herbert Hoover.” Mrs. Quinn’s petition charges neglect.

New York Stocks —“ (By Thomson A McKinnon) ~~

—March 1— Prev. Railroad*— High. Low. 12:00. close. Atchison 202% Balt & Ohio. ...125% 135% 125% 124% Canadian Fac .251% 250% 251% 251 Chesa Sc Ohio.. 223% 223 223 % 233% Chesa Corp 85% 85'/* 85 % 85 Chi Sc N West 89 Chi Ort West 20% 18% C R 1 & P 133 133% Del & Hudson.. .. 195V* Del Ac Lacka 131 Vi 130% Erie 71% 71 71 70% Erie Ist pld 62 61% 62 61% Grt Nor 109 108V* 109 108 111 Central 141% 142% Kan City South .. ~. 95 94 M KAc T 50 49% 49% 49V* Mo Pac pfd 134V* 134 134% 133% N Y Centra1....195% 194% 195% 194 NY C Ac St L 137V* NY NH Ac H.... 91% 91V* 91V* 91 Nor Pacific 107% 107‘/2 107% 106% Norfolk Ac West 196% 196 O Ac W 29 29% Pennsylvania ... 78% 78V* 78% 78 P Ac W Va I*l Reading 109 108% 109 107% Southern Ry 147% Southern Pac ..133 132% 133 132% St. Paul 37 V* 37 37 36V* Si Paul pf<W •. 59 V 2 59% 59% 58V* St L Ac S W... 110% 107 110% 102 St LAc S F 117 s /* 117 117V* 118% Union Pacific ..220V* 226% 228 225% West Maryland.. 47% 46% 46% 46% Wabash 72 71% 71% 72% West Pac 138% Rubbers— Ajax 10 9% 10 9% Fisk 19% 17V* 18% 17% Goodrich 98 96% 97 96 Goodyear 135 131 133% 107% Kelly-Spgfld .... 19V* 19% 19V* 19% Lee 23 22% 23 22 United States .. 57% 56% 57% 55% Equipments— Am Car Ac Fdy 99% Am Locomotive 112 111% 112 111 Am Steel Fd.... 74 73% 73% 72% CMS Shal 58 57>/2 58 56 General Elec ...251 247% 251 244% Gen Ry Signal.. IU% 110% 110% 110% Gen Tank 92V2 91% 92'/2 91% N Y Airbrake 48 Pressed Stl Car 21% 21% Pullman 84% 84% 84% 84% Westlngh Air B 52% 51% 52% 51 Westlngh Elec ...159% 159 159% 157V2 Steels— Bethlehem 104V* 103% 103% 103V2 Colorado Fuel .. 74V4 74 74 73% Crucible 92 91V* 92 92 Gulf States Stl 74 Inland Steel ... 91% 91 91 Vi 92% Otis 44% 42% 43% 42% Rep Iron Ac Stl 93% 90% 92% 91V* U S Steel 192 V* 191% 191% 191% Alloy 51% 50% 51% 48% Youngstwn Stl .115% 115'/* 115% 114 Vanadium Corp .110% 109% 109% 108 Motors— Am Bosch Mag. 58% 55 551/2 51% Briggs 52% 51 51% 50V* Chrysler Corp ..105% .04% 105 104%, Eaton Axle 70V* 70% 70% 70 Gi aham-Paige... 48% 48 48 47% Gabriel Snbbrs 31% 31% General Motors. 84% 84 84% 83V* Hudson 90% 89 90% 88% Hupp 76 75% 76 75 Jordan 13% 12% 13V* 12% Marmon 77% 77 77% 77 1 /* Reo 29V* 28% 28% 28% Motor Wheel .. 44% 44% 44 7 /* 44% Nash 112 111% 111% 111 Packard 150% 149 >2 150 V* 147% Peerless 20 Pierce Arrow 33% Studebaker Cor 90% 90 90 90 Stew Warner ..135 13.4% 134% 134% Murray 76% 75% 76% 75% Timken Bear .. 85V* 84% 85% 84 Willys-Overland. 31% 31 s /* 31% 31% Yelow Coach ... 46% 39V* 40% 39% White Motor... 52 51% 51% 51% Mining— Am Smlt & Rfg.124% 123% 124% 122V* Anaconda Cop ..155 149% 152 147% Calumet Ac H... 61% 6% 61% 60% Andes 68 67 67% 65% Chile Copper ..111 109 110 106% Greene Can Cop. 190 188 190 185% Inspiration Cop 66% 65’/* 66% 64% Int Nickel 66% 64 65% 63% Kennecott Cop. 92V* 91 Vi 91V* 88% Magma Cop ... 79%. 78V* 79% 78 Nev Cons 60‘/a 59% 60 57V* Texas Gulf Sul 76% 75% 76% 75% U S Smelt 69% 69’/* 69’/ 2 68% Oils— Atlantic R g.... 57 56% 56% 56% Parnsdale 41% 41 41 40% T reeport-Texas.. 48% 47% 48% 48% Houston Oil 84 84 Indp Oil Ac Gas.. .. ... . 311/. Marland Oil ... 41% 41 41% *O% Mid-Cont Petrol 32 31% Lago Oil Ac Tr ... 30 Pan-Am Pet B . .. ... 42% Phillips Petrol 39 8 Prairie Oil 59% 59% 59% 59 Union of Cal .. 50 50’A Pure Oil 25V* 25 25V* 25% Royal Dutch 52% 52’/* Shell 27’/* 27 Richfield 43 41% 43 41 % Sinclair OH 37% 38% 38% 38V* Skelly Oil 341/4 341/ Std Oil Cal 68Vi 68% 68% 67% Std Oil N J 49% 49% Std Oil N Y .... 40Vi 4040 40 Texas Corp 59% 59'/* 59% 59’/* Transcontl 10 V* 10 10 10% White Eagle .... 37 s /* 37 37 37% Industrials— Adv Rumely 68'/* Allis Chalmers 100 Allied Chemical. .304% 303% 304% 303 Armour A .. ... 16 16 Amer Can 122% 121% 121% 119% Alaska J 7% Am H-L pfd 36% Am Ice 41 40% 41 40V* Am Wool 22 21% Curtiss 155% Coca Cola 134 134% Conti Can 75 74% 74% 73% Certain-teed 22 Congoleum 29% 29% 29% 29% Davison Chem.. 62% 61% Dupont 188 187% 188 188% Famous Players.. 65'% 04% 65 64% Fox A 98 97% 97'/* 96% Gold Dust 74% 73% 73V* 72 Glidden 45 44% 45 43% Link-Belt 55 55V* Int Harvester 74 lll'/s Lambert 140'/* 139% 140V* 138% Loews 83% 82% 83 84 May Stores 94% 93 94% 94% Montgom Ward. .139 137% 139 136 Natl C R 137% 135% 136% 135% Pittsburgh Coal 71 Owens Bottle .... 92% Radio Keith 36% 36% 36% 36'/* Real Silk 81% 80% 81% 81% Rem Rand 34% 33% 34’/* 33% Sears Roebuck. ..164% 160% 163 162 Union Carbide ..219 217 217% 216% Victor 157 Vi 156 157% 156% Univ Pipe 19% 18% USCs Ir Pipe.. 49% 48% 48% 47% U S Indus Alco 148% 148 148% 148 Wright Aero 285 280 285 275% Warner Bros ...124% 124 124 123% Utilities— Am Tei Ac Tel 217 Am Fd P0wer...118% 116 116 113% Am Wat Wks... 91 89% 90% 88% Brklyn-Msnh T 78 77% Col G Ac E 148% 146% Consol Gas ....112% 111’/* 112% 110% Elec Pow Ac Lt... 65V 8 64% 64% 63% Interboro 54% 53% 54 53% Nor Am Cos 108% 107V* 107% 106% Natl Power .... 57% 57% 57% 56% S Cal Edison 62% 61% 61% 61 Pub Sr.-V N J.. 90% 89% 90’/* 88% Std G. sAc El 93% 92 93% 91% Utllitk.„ Power .. 47 46V* 46'% 46% West Union Tel 200 189% Shipping— Am Inti Corp.... 70% 70% 70% 69% Am Ship Ac Com 5 5 In.l Mer M pfd 45 44% Unite Fruit ....152% 152% 152% 155'/* Foods— Am Sug Rfg 85V* 85% Kroger 107% 107 107 106V* Beechnut Pkg 91% 90 California Pkg .. 79 78% 78% 78 Corn Products.. 86 85% 86 85% Cudahy 60 V* 60 60 59% Cuban Am Sue 11% 11% Fleichmann Cos. 74% 74% 74% 74% Jewel Tea 151% 151% Kraft 36 V* Grand Union c. 25% 25 25 24% Grand Union pfd 48% 48 Crosley Radio .. ... 117V* 114% Natl Biscuit 184% 183% Natl Dairy 132 130% 131V* 128 Vi Postum Cos 7iy* 7j8% Ward Baking B 1?% Tobaccos— Am Sumatra..* 53% Am Tob (B) 174 Con Clears 91% 90% 90% ... General Cigar.. 71% 71V* 71V* 71% Llg Ac Myers.... 89 s * 89% 89% 87V* Lorillard 25% 25 25% 24% R J Reynolds... 61 60'/* 61 60 Tob Prod (B) 94 95% United Cigar St 22% Schulte Ret Strs 30 29% 29% T- s

APPROVAL GIVEN TO INSTALL NEW TICKERS Chicago Exchange to Pat Them in Eight Cities. Bji United Press CHICAGO, March I.—Approval has been given by the board of governors, of the Chicago Stock Exchange for installation of tickers in eight cities heretofore not served. The cities are South Bend, Ind., and Pontiac, Lansing, Flint, Jackson. Kalamazoo. Battle Creek, Grand Rapids and Muskegon, Mich. Trading this year on the exchange has been at a record pace. Since January 1, despite several extra holiday's, total sales have been 12,238.000 shares, compared with 3,176,000 during the same period last year. Thursday was a good instance of the increase, sales totalling 237,000 shares while only 61,000 were sold the corresponding day a year ago.

HOGS MOSTLY STEADY; VEALS WEAKJN PENS Cattle Prices Hold Firm Tone; Sheep, Lambs Steady. Mar. Bulk. Top. Receipts 22. 11.00 11.00 6.500 23. 11.00 11.10 4,500 25. [email protected] 11.25 4.000 26. 11.00 31.10 5.000 27. [email protected] 11.40 5.500 28. [email protected] 11.60 4.000 1 [email protected] 11.60 % 6,500 Hogs were generally steady with Thursday’s average at the local stockyards today. The bulk of 160300 pounds, brought. around $11.40 to $11.60 selling mostly at $11.50 to $11.55. The top paid was $11.60. Receipts were considerable higher estimated at 6,500, and holdovers from Thursday's market numbered 296. The cattle market was steady. Beef steers brought $11.50 to $12.10. Vealers were weak selling around $lB down. Top paid was $18.50. The sheep and lamb market was steady, with lambs bringing mostly $16.50, small lots sold mostly $16.25. The Chicago hog market opened around 25 cents higher than Thursday’s best prices. A number of loads of choice 160-300-pound averages brought $11.25 to $11.35. Choice 210pound weights brought $11.40. Receipts were 22,000, including 7,000 directs, and holdovers from Thursday’s market totaled 5,000. Cattle receipts were 3,000; sheep receipts were 12,000. Hog prices today were as follows: 250-350 pounds, sll to $11.60; 200250 pounds, $11.50 to $11.60; 160-200 pounds, $11.50 to $11.60; 130-160 pounds, $10.50 to $11.45; 90-130 pounds, $8 to $10.50, and packing sows, $9.50 to $10.50. Cattle receipts were 600; calf receipts were 700; beef steers, $lO to sl3; beef cows, $7.50 to $9.50; low cutter and cutter cows, $5.25 to $7; vealers, $17.50 to $18.50; heavy calves, $7 to sl2, and bulk stock and feeder steers, $7.50 to $10.50. Gheep receipts were 300; top fat lambs, $16.75; bulk fat lambs, sls to $16.25; bulk cull lambs, $10.50 to sl3, and bulk fat ewes, $7.50 to $lO.

—Hogs— Receipts, 6,500; market, steady. 250-350 lbs 200-250 lbs H'iJS^JJSJ 160-200 lbs [email protected] 130-160 lbs 10.50® 11.15 90-130 lbs B.oo® 9.90 Packing sows 9.50® 10.50 -CattleReceipts, 600; market, steady. Beef steers 1 2 , 2 0 5 j1 2'2 Beef cows 7.50® 9.50 Low r cutters and cutter cows.. 5.25® 7.00 Bulk stock and feeder steers.. [email protected] —Calves— Receipts, 700; market, steady. Best veals $17.50(5)18.50 Heavy calves [email protected] 1 —Sheen— Receipts. 300: market, steady. Bulk fat lambs <.,[email protected] Bulk fat lambs [email protected] Bulk cull lambs 10.50®>13.00 Bulk fat ewes 7.50® 10.00 Other Livestock Bn United Press CINCINNATI, March I.—Hogs—Receipts, 2.900; holdovers, 544; market, steady to 25c up; 250-350 lbs., [email protected]; 200-250 lbs., [email protected]; 160-200 lbs.. $11.40®: 11.65; 130-160 lbs.. [email protected]; 90-130 lbs., [email protected]; packing sows, s9® 10. Cattle—Receipts, 275; calves, 300: market, veals, 50c down: beef steers, [email protected]; light yearling steers and heifers, slo®, 12.50; beef cows. $7.25®8.50; low' cutter and cutter cows, $5.50®6.75: vealers, sl4®,> 17.50; heavy calves, s9® 13.50. Sheep—Receipts, 100; market, steady; top fat lambs, sl7; bulk fat lambs, sls® 16.50; bulk culi lambs, s9@l4; bulk fat ewes, [email protected]. By United Press CHICAGO, March I.—Hogs—Receipts, 22,000; market, active; 15®25c; most 25c higher; top, $11.40 paid sparingly for 180220 lb. weights; largely a $11.20® 11.35 market for desirable 160-300 lb. weights; butcher, medium to choice, 250-350 lbs., sll® 11.35; 200-250 lbs., $11(511.40; 160200 lbs.-, $10.65® 11.40; 130-160 lbs., slo® 11.40; packing sows. [email protected]; pigs, medium to choice, 90-130 lbs., Cattle —Receipts, 3,000; calves, 1.000; light steers and yearlings, steady to strong, active; heavy steers, dull at Thursday’s 25® 50c downturn; killing quality plain; best mixed yearlings, $13.50; slaughter classes, steers, good and choice, 1300-1500 lbs., $12.50® 14.50; 1100-1300 lbs., $12.50 @14.75; 950-1100 lbs., [email protected]; common and medium, 850 lbs., s9®!l3; fed yearlings, good and choice, 750-950 lbs.. $12.75®15; heifers, good and choice, 850 lbs. down, $11.50@ 13.50; common and medium. [email protected]; cows, good and choice, [email protected]; common and medium, $6.90®; 8.50; low cutters anil cutter, $5.50®:6.90; bulls, good and choice, beef, $9.40® 10.50; cutter to medium, $8®9.40; vealers, milk fed, good and choice. $14@17; medium, $13®14; cull and common, s9®l3; Stocker and feeder steers, good and choice, all weights, sU@l2- common and medium, $8.50®:10.75. Sheep—Receipts, 12,000; opening slow, weak to a shade lower; bulk fat lambs, $16.25®16.75; early top, sl7; sheep quotable steady; feeding lambs, steady at $15®15.90; lambs, good and choice, 92 lbs. down. [email protected]; medium, $14.75® 15.85; cull and common, sll® 14.75; ewes, medium to choice, 150 lbs. dow'n, $7.60®9.50: cull and common, $3.75® 7.85; feeder lambs, good and choice, $14.50(516. By Times Special LOUISVILLE, March I.—Hogs—Receipts, 800; market, steady to 10c higher; heavy and medium hogs 180 lbs.. $10.90® 11.40; pigs and lights, 90-180 lbs., $7.95® 10.20; light pigs, 90 lbs. down, $6.65; stags and throwouts, $7.55® 8.15. Cattle—Receipts, 200; market, steady; prime heavy steers, sll® 12; heavy shipping steers, $I0@11; medium and plain steers, $8.50®9.50; fat heifers, $7.50®12; good to choice cows, $8.25® 9: medium to good cows. 05.25® 8.25; cutters. $5.50® 6.50; canners, ss®( .25; bulls, $7®9.50: feeders, $8.50®10.50; stockers, $6.50® 10.50; calf receipts, 200 market, steady; good to choice, SI3®TE; medium to good, s9® 11.50; outs, $9 down Sheep— Receipts, 50; market, steady; lambs. sl3®’ 15; seconds. $8.50®T2; sheep, $6®7.50! Thursday's Shipments—Cattle, 13; hogs. 334. By United Press PITTSBURGH, March I.—Hogs Receipts, 2,500: market, strong to 5c up: 250350 lbs.. $10.75® 11.60; 200-250 lbs., $11.25®' 11.90; 160-200 lbs., $11.50® 11.90: 130-160 lbs., [email protected]: 90-130 lbs., $9.75® 11; packing sows, [email protected]. Cattle—Receipts, none; ctlves, 100; market, 50c up: beef steeas. $10®>12.25; light yearling steers and heifers, [email protected]; beef cows s7(ffi9.so- low cutter and cutter cows, ss® 6.50: vealers, sls® 19; heavy calves, slo® 17. Sheep Receipts, 750; market weak; top fat lambs $17.50; bulk fat lambs. sls# 17.25; bulk cull lambs, $10@14; bulk fat ewes, s7@9. By Untied Press FT. WAYNE, March I.—Cattle Receipts, 150; calves, receipts 100: hogs receipts, 600; sheep, receipts, 200; market. 15@30c higher; 90-120 lbs.. $8.65; 120-140 lbs., $10; 110-160 lbs.. $10.75; 160-180 lbs $11.20: 180-225 lbs.. $11.30: 225-275 lbs’’ $11.20; 275-325 lbs.. $11; 325-400 xos.. $10.85 ; rou||hs, $9.50; stags. $7; calves, sl7; lambs! By United Fress EAST BUFFALO. March I.—Hogs Receipts, 1.800; holdovers, 700: marke aettvet 25®40c up: 250-350 lbs., $11.40® 11.90 - 200250 lbs., $11.50® 12; 160-200 lbs., *llso® 12: 130-160 lbs.. $10.75® 12; 90-130 -lbs $10.25® 10.75; packing sows. slo@lo so' Cattle—Receipts. 25; calves, 600; market steady: beef steers, $10.50® 12.75; light yearling steres and heifers, $11.40® 12.25beef cows, $8.25® 9.75; low cutter and cutter cows. $5.25® 7; vealers, slß® 18.50 Sheep—Receipts. 3,500: market. 25® 40c lower; bulk fat lambs. *16.50® 17; bulk'cull lambs, $10.25® 13; bulk fat ewes. $8.50®

Average Stock Prices

Average of twentv industrials Tl ursday was 317.41, up 2.88. Average of twenty rails was 155.49. off .15. Average o l forty bonds was 95.32, up .02.

THE INDIANAPOLIS TIMES

Commission Row

PRICES TO RETAILERS FRUITS Apples—Box Staynson. *[email protected]; Rome Beauties, *2.75@3: box Delicious. *3.50@4; box Grimes. $2.25<g'2.75: bushel Staynson. $2.25: basket Winter Bahamas. 51.75&2. Cocoanuts—s6.so a nag of 100 Cranberries—s 4 a 25-lb. box; $8 a 50-Ib. box ✓ Grapes—AUneria. keg, $6. Orapefruit—s3.soO3.'Ts* Texas. $5. Lemons—California, a crate, $5.50@6. Limes—Jamaica, 100 by count. $3. Oranges—California naval, a crate. $6.5007. Pears—Bose. box. $4.50: An Jail. $4.75. Strawberries—Florida. 50c a auart. VEGETABLES Artichokes—sl.7s a dozen. Beans—Southern stringless. $3.50 a bushel. * Cabbage—Wisconsin, a lb.. 3%@4c; Texas, new cabbage, 5c lb. Cauliflower—California, $2. Carrots—California; 90c a dozen bunches Celery—California rough, a large crate [email protected]; Florida. $3.50 a crate. Eggplant—Dozen. $2. Kale—Virginia. $2.50 a bbl. Lettuce—California head, a crate $4.50 @5; home-grown leaf a bushel. $1.50. Onions—Yellow, a 100-lb. bag. $6.00. Spanish, a crate $3.50; Western. $6 a 100-lb. bag. Parsley—Home-grown, dozen bunches. Peas—California. $6.50 45-lb. box. Peppers—Florida, per czate, $4.50: peck baskets. $2. Potatoes—Michigan round white, 150 lbs., [email protected]: Ohio. [email protected]; Idaho ‘2.50 a oag. Radishes Button hothouse. tezen bunches, 90c. „ Spinach—Texas, a bushel. [email protected]. Sweet Potatoes—lndiana Jersey, $3 a bushel; No. 2. $1.75 a bushel CALI MORE JURORS 175 Talesmen Examined; 8 Picked in Killing Trial. Rupert McDonald, 22, of Chicago, today was no nearer to hearing the state’s demand that he be sent to the electric chair on a charge of murder in connection with the shooting of Wilkinson Haag, Indianapolis druggist, when it became apparent that efforts to obtain a criminal court jury to try him probably would continue throughout the day. This morning only eight prospective jurors were seated, awaiting the arrival of another venire of fifty. The jury examination was reopened Tuesday after a two-hour session Monday. One hundred and seventyfive talesmen have been called for examination. McDonald is alleged to have been with Lawrence Ghere, also indicted for Haag’s murder, when the two are charged with attempting to rob the, youthful druggist May 6, 1926. Haag was shot while lunching at the Green Mill barbecue, on East Thirty-eighth street near Keystone avenue, with a woman companion.

Indianapolis Stocks

—March 1— —Stocks— Bid. Ask. American Central L Ins Cos. 750 Belt R R & 8 Yds Cos com... 69 70 Belt R R & S Yds Cos pfd ... 58 62 Central Ind Power Cos pfd.... 93% 97% Circle Theater 105% ... Cities Serv Cos om 119% ... Cities Serv Cos Dfd 9% ... Citizens Gas Cos com 33 40 Citizens Gas Cos pfd ’... 98 102 Commonwealth L Cos pfd 100% ... Equitable Sec Cos com Hook Drug Cos com ....40% ... Horuff Shoe (orp com 15 Ind Hotel Cos Clapool c0m....125 Ind Hotel Cos pfd 101 Ind Serv Corp pfd 90% ... Indpls Gas Cos com 57’% 61 Indpls & Northwtn Tr Cos pfd 5 Indpls P & L Cos pfd 104% 105% Indpls P & L Corp pfd 100 Indpls Pu Wei L Assn com... 48 Indpls St RR Cos pfd 33’% 35% Indpls Wa Cos pfd 100% 103 Inter Pub Serv Cos pi li pfd.. 103 106 Interest Pub Serv Cos pfd 94 97% Merchants Pub Util Cos pfd 101 Metro Loan Cos XD 100 ... Northern Ind Pub S Cos pfd 7s.HO ... Northern Ind Pub S Cos pfd 6s. 100 I<E Prog Landry Cos com 46 30 E Raub’& Sons Fert Cos pfd.. 50 Real Silk Hosiery Cos pfd 100 Standard Oil Cos of Ind 87% ... T H Indpls & E Tr Cos com T H Indpls & E Tr Cos pfd.. 7 T H Trac & L Cos pfd 94 Union Trac Cos com % Union Trac Cos Ist pfd 1 Un Trac Cos 2nd pfd % Union Title Cos com 46% 58 V Camp Prod Cos Ist pfd 98 100 V Cp Prod Cos 2nd pfd 92 ... .—Bonds—■ Bid Ask* Belt RR & Stock Yards Cos 4s 88 * ... ’ Broad Ripple Trac Cos 5s Central Indiana Gas Cos 55.. 99 Central Ind Power Cos 6s 100 Chi S B & N Ind Ry Ist 5s Citizens Gas Cos 5s 102 Citizens Street Railroad 55... 83 85’% Gary Street Ry Ist 5s 85 90 Home T & T of Ft Wayne 65.103 Indiana Hotel Cos 5s 100 Ind Northern Trac Cos 5s 4 Ind Railway & Light Cos 55... 98 Indiana Service Coron. 55.... 92 Indpls Power & Light Cos 55.. 98 100 Indiana Union Trac Cos. 55.. 1 Indpls Col & So Trac 6s 99 102 Indianapolis Gas Cos 5s 100 Indpls & Martinsville T Cos 5s 16 Indpls No Trac Cos 5s 9% ... Indpls & Necthw’crn T Cos 5s 16 Indpls Street Ry 4s 63 64 Indpls Trac & Terminal Cos 5s 95% 96% Indpls U Rv 5s J 1965. A & 8.101 Indpls W Cos lien & ref 5s Ist 96 ... Indpls Water Cos 4%s 95 Indpls Water Cos 5%s 1953... .102% 104 Indpls Water Cos s'%s 1954 102'% 104 Interstate Pub Serv Cos 4’%s .. 90% ... Interstate Public Service Cos 5s 96'% ... Inter Pub Serv Cos B 6%s ..104 No Ind Pub Serv Cos 5s 100 T H Indpls & E Trac Cos 5s T H Trac & Light Cos 5s 95 Union Trac of Ind Cos 6s 12 Northern Ind Tel 98% 100 Northern Ind Tel Cos 6s 31 ... —Government Bonds— Liberty Loan Ist 3%5... 98.02 98.22 Liberty Loan Ist, 4%s 99.64 99.84 Liberty Loan Cos 4%s 99.80 100.00 U S Treasury 4%s 108 02 108.22 U S Treasury 4s 103.26 103.46 U S Treasury 3%s 100.32 100.52 U S Treasury 3 s /*S 99.02 99.22 —Sales—--20 shares Belt R R & S Wds Cos com.. 69% 40 shares Inte. Pub Serv Ist pfd 65.. 94 SI,OOO Indpls Trac & Term Cos 15.... 95%

BELL INCOME GROWS Telephone Company Makes $143,170,481 in 1928. A net income of $12.11 for each outstanding share of stock was made in 1928 by the American Telephone and Telegraph Company, parent company of the Indiana Bell Telephone Company and in which many Indiana investors hold stock, according to the annual report of President Walter S. Gifford made public today. This compares to a net income of $11.76 a share for 1927, according to the report. The total net income for 1928 was $143,170,491. At the end of the year the total plant and other assets of the company amounted to $3,827,000,000, an increase of 10.7 per cent. The company paid dividends of $2.25 a share a quarter and issued $185,863,000 worth of stock at par to stockholders increasing the number of stockholders at the end of 1928 to 454.596. During the year, Gifford said, 798,59? telephones were added to the number operated by the Bell system making a total of 19,200,000 connected in the Bell system. NEW YORK COFFEE RANGE —Feb. 28Close. January 14.55 March 7 6.94 May 76.30 July 15.52 September 14.94 December 15.58

HERRIN FIGHTS LIQUOR RACKET, JAILS LEADERS Southern Illinois Town Is Scene of Another Gang Trial. Bit United Press DANVILLE. 111., March I.—An outstanding campaign against illicit liquor rackets -in southern Illinois—formerly the scene of violent gang warfare for the control of that business—will reach federal court here Monday for the fourth time this winter. To the names of Roche, Boswell and McCormack will be added those of Frank Calcaterra, Charles Pisorie, Charles Balossi and Henry Schelcher, all of Herrin—a bailiwick in which “booze” formerly was the byword to illegal business affluence. Calcaterra, Pisorie, Balossi and Schelcher are linked in the fourth alleged conspiracy to violate the national liquor laws in that part of Illinois which has come to be known as “Egypt”—a section of America as distinct in itself as New England, the middle west or the south. No so many months back. Sheriff Leslie B. Roche of Alexander county, southern-most tip of Egypt, became embroiled in the federal law which forbids trafficing in liquor. With some forty henchmen he was hailed into court. All pleaded not guilty. Witness after witness was called by the government to build a cash against the defendants. The grand juror had said that testimony had been offered to show that “the gang” manufactured 7,000 gallons weekly for which the sheriff exacted $1 per galldn tribute. Several days of such testimony proved too much. With complete admission of guilt, every defendant in the case capitulated and threw himself on the mercy of the court. There were wholesale pleas of guilty and the entire case collapsed. Roche was sentenced to the penitentiary along with his chief codefendants, numbered among whom were deputy sheriffs and former hi 0 h officials of the county. Then came the so-called “Boswell case,” featuring Arlie O. Boswell, former state’s attorney of “bloody” Williamson county and the “scourge” of the notorious Birger gang which once held machine-gun sway in that county. Against Boswell the government hurled an overwhelming collection of witnesses, including former members of the gang whom he had sought to send to the gallows for confessed murder. They simply, even blandly, accused the former state’s attorney of being the de facto head of the gang, its actual leader at the time he was ostensibly holding the position of the highest law enforcing post in the county where the gang operated. A jury of southern Illinois farmers and tradesmen believed Boswell’s gangster enemies, and found him guilty. We went to Leavenworth penitentiary for two years. McCormack—Mayor Marshall McCormack of Herrin—was the next star defendant in an alleged conspiracy involving the chief of police and the water superintendent of the city where McCormack, according to the government, ruled with a hand which even defied that of the notorious Birger. Twelve southern Illinois farmers, including five who heard and convicted Boswell, weighed the evidence and returned a blanket verdict of guilty.

MAP OUT HIGHWAYS New Simplified Road Chart Prepared for County. Announcement of a "hew type county road map to simplify location of roads for county officials and person! who are petitioning for road improvement, was made today by Paul R. Brown, county surveyor. Each road on tfie new maps will be numbered as are city blocks to designate the distance of the highway from Meridian and Washington streets. Its township location will be shown by abbreviated spellings of the township preceding the number of blocks with the compass location following. The township abreviations are: Washington, Wh; Lawrence. L; Franklin, F; Perry, Pr; Decatur, D; Wayne, Wy; Pike, Pk; Warren, Wr, and Center, C. For example, Eighty-sixth street in Washington township is described as follows: Wh 86 EW, the last two letters denoting that the road crosses Meridian street, the north and'south dividing line in this township. When the road is east of this and in Lawrence township, it is shown this way: L 86 E.

58 PROHIBITION RAIDERS CLEAN UP OHIO VILLAGE 17 Resorts Entered; 13 Persons Arrested in Elmwood. By United Press CINCINNATI. 0.. March I.—The quiet village of Elmwood place near here had considerable to talk about today as thirteen villagers prepared to go before the United States commissioner in answer to prohibition law charges. Elmwood place was its usual peaceful self Thursday night when there was a great burst of activity. Dinners and firesides were deserted and the villagers poured into the streets to discover the source of a great racket. The noise-makers were fifty-eight federal and state prohibition agents who dropped, unheralded into the town late Thursday, quickly raided seventeen suspected “home brew” resorts and locked up eighteen of the citizenry. Five of these later were released, but the remainder were held for the United States commissioner.

Legislative Calendar

House bills on third reading: H. B. 453. Misener —Permitting Indiana state prison to sell its water plant equipment and contract for supply with Michigan City. Passed under suspension of rules. Ayes, 90; noes, 0. H. B. 218. Scott, of Lake—Authorizing unincumbered municipally owned waterworks to provide for extensions by bonds payable from revenues. Ayes. 76; noes. 11. S. B. 37. Rowley—Creating new circuit court In Pulaski county. Ayes. 70: noes. 21. S. B. 16—Providing methods of reinstatement, qualifications, suspension and licensing of insurance agents, solicitors and brokers. Passed: Ayes. 68; noes. 22. H. B. 346. Lee and Chamberlain—Providing insurance for members of labor unions to be group insurance. Passed: Ayes. 89; noes. 0. S. B. 110. Lindley—Placing cemeteries wherein war veterans are buried in the care of township trustees and fixing penalties for violations. Passed. Ayes, 89; noes, 0. H. B. 386. Lowry—Empowering state board of education to select four elective text books for standard subjects of high school study. Indefinitely postponed. H. B 388. Lowry—Companion measure to 386 applying to grade school books. Indefinitely postponed. S. B. 106. Hodges—Macing separate felony of commission of criminal attack, larceny, robbery and bank robbery while in possession of dangerous weapon, with penalty of not less than ten years and maximum of twenty years’ imprisonment. Passed. Ayes, 74; noes, 20. H. B. 149. Ahrens —Providing for relief of needy blind, through appropriation by county commisssioners. Passed. Ayes, 72; noes. 18. S. B. 6. Lockard—Creating Ripley county as separate Judicial circuit and defining Sixth Judicial district. Passed. Ayes. 66; noes, 25. H. B. 315. Harris— Authorizing two or more contiguous cities to agree upon an inter-city transportation system. Passed. Ayes, 90; noes, 0. H. B. 410. Freeman-Lowry—Requiring intangibles to be listed at 25 per cent of their value for taxation. Ayes, 33; noes. 62. House bills withdrawn: H. B. 316. Grant—Appropriating $1,500 to State Poultry Association for expenses of annual meeting. (Appropriation otherwise provided for in budget bill ) H. B. 447. Bouchard —Repealing 1927 Evansville bridge bill. H. B. 220. Fisher —Providing for means of raising lake level on petition. House bills indefinitely postponed: H. B. Bill 445. Fisher.—Fixing fine of $1 to $lO for carrying uncrated animals on outside of automobiles. H. B. 67. Worley—Fixing pay of township assessors at $5 a day and regulating their salaries in certain counties. H. B. 355. King—Doubling coroners’ fees and providing for employment of clerks at inquests at $5 a day. H. B 360. Smith and f',;reet—Fixing a fee schedule for Justices of the peace. H. B. Griff and Bernhardt —Creating a board to examine and license chiropractors. Approved by Governor: H. B. 97. Bernhardt —Providing means for property owners to pay on public improvement assessments pending decision on appeals questioning validity of assessments. H. B. 102. Mrs. Fergytson —Raising classification of second-class cities to from 35.000 to 100,000 population. H. B. 122. Harris—Permitting city detectives out of uniform to make traffic arrests. H. J. R. 3. Babcoek—Requesting federal government to make survey of Kankakee river watershed. Vetoed by Governor: S. B. 182. Alldredge—Giving city courts as well as Justice of peace courts Jurisdiction in suits to recover possession of real estate. (A similar house bill has been approved.) Senate bills passed: S. B. 141. Ketchum—Providing for dissolution of joint town and township school districts. Ayes, 26; noes, 13. S. B. 153. Cravens—Permitting county commissioners to build hard surface road to Ohio county cemetery from present pavement. Ayes, 43; noes, 1. S. B. 175. Lochard—Permitting dissolution of joint township school districts on petition of a majority of the patrons of the school in the township desiring to withdraw. Ayes, 43; noes, 0. S. B. 225. Strey—Relieving automobile owners or drivers from accident damages or injuries to guest passengers. Ayes, 38; noes, 3. S. B. 116. Clancy—Permitting assessment plan life insurance companies to write life insurance policies to a limited amount without medical examination. Ayes, 31; noes. 9. Senate bills failing a constitutional majority: S. B. 221. Niblack Repealing the horsethief detective association law of 1907. Ayes, 19; noes, 25. S. B. 285. Hartzell—Boosting judges’ salaries from $4,200 to $5,000, the SBOO to be split between county and state. Ayes, 19; noes, 22. Defeated in senate: S. B. 71. Walter—Permitting children to be excused from school upon completion of eighth grade on petition of parents and twenty-five freeholders. Ayes, 18; noes. 28.

MONEY TO LOAN —ON—MORTGAGES STATE LIFE Insurance Cos. 1235 STATE UFX BLDG. mr I ,v V 4? .C/

Senate bills indefinitely postponed: S. B. 121. Holmes—Limiting total loans at one time of any bank to 20 per cent of its capital stock. S. B. 33. Alldredge-Increasing docket fees of Justices of peace from $2 to $5 In criminal cases and $2 to $3 in civil cases. F. B. RANSOM TO BE HONORED AT DINNER TONIGHT Negro Colony of City to Pay Tribute to Leader of Business. Two hundred business and professional men will give a testimonial banquet tonight at 6 o’clock in the Y. M. C. A. auditorium. Senate avenue and Michigan street, in honor of F. B. Ransom, attorney and general manager of the Madam C. J. Walker Company, manufacturers of toilet requisites. The testimonial is in recognition of the constructive leadership of Attorney Ransom in affairs of the local Negro group, largely responsible for establishment of the Walker building in this city. Ransom came to Indianapolis about twenty years ago from Mississippi to practice law. A few years later he was engaged by the late Madam C. J. Walker to manage her cosmetic business. At her death, Ransom was made life manager of her estate, which included properties or branches in the principal cities of this county. Thirty thousand agents in this and foreign countries are represented by the estate. Ransom is president of the local Y. M C. A. and is a member of the International Y. M. C. A. Council. He is also a director of the National Association for the Advancement of Colored People and a member or director of several business and charitable organizations in local and national Negro affairs.

Walker Attractions

The week’s engagement beginning Monday night at the Walker theater will include Eddie Lemons, one of the most famous showmen of the day. He will be starred with the heautiful and talented Olive Lopez, in “Dashin’ Dinah from Carolina,” a fast moving revue with twentyfive selected entertainers who know their business when it comes to entertaining. Among the cast will be Margaret host of others. A rapid fire jazz band, part of the show, will help pep things up and a velvety-brown chorus is scheduled to step off a series of dances never seen here before. On the screen the picturization of “Abie’s Irish Rose” will be shown four days, beginning Sunday. It is said that 12,000,000 people saw the play in its five-year run in the best theaters and the screen version is a faithful reproduction, starring Jean Hersholt, Buddy Rogers and Nuiicey Carroll. "--mpleting the week's screen pro-

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Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago Board of Trade New York Cotton Exchange Chicago Stock Exchange New York Curb Association 300 Fletcher American Bank Bldg. Telephone Lincoln 5501

Conducted and Independent Tours to Europe No longer is a trip to Europe possible for the wealthy alone. Today a comprehensive tour of the majer parts of interest may be made at a surprisingly lqjv cost. Whether you plan to join one of the many low-cost conducted tours—or desire to see Europe leisurely “on your own”—you'll profit by letting us care for all the details of your trip. We are agents for all steamship lines and tour companies. May we not help you plan your tour? RICHARD A. KURTZ, Manager Travel Bureau The Leading Travel Bureau of Indianapolis HUNION TRUSTS 120 East Market St Riley 534i

AIAKCH 1, 1&&#

gram will be “White Shadow* in the South Seas.” a real love drama, with Monte Blue in the lead. The photography of this picture is marvelous.

WALKER Indiana and West St*. “Offering a Good Time All the Time” Presenting a Mrrling Hot Stage Show by EDDIE LEMONS OLIVE LOPEZ IN “Dashiiv Dinah From Carolina” FEATURING Eddie Lemons. Margaret Bar her. Bruss Hayter, Reaches Coulter, James Simmons. Fred I.ajoie, Emma Simmons. 6-Piece Jazz Band & Velvet Brown Chorus Screen Version of the World Famous Stage Flay x Sun., Mon., Tuetf., Wed. ANMNKmS J Abie's f IRISH ROSE' 12,000,000 people snw lt on the stage. Will you be one of those who g:e It on the screenT Starring Jean llersholt Charles (Buddy) Roger* Nancy Carroll The Greatest Story Ever Told AND THEN— Thur., Fri., Sat. Monte Blue 111 a Romantic, Sirring Drama, Matinee Saturday and Sunday Bargain Hours Mon. and Thn.