Indianapolis Times, Volume 40, Number 297, Indianapolis, Marion County, 3 May 1929 — Page 28

PAGE 28

STOCK PRICES MOSTLY FIRM IN EARLY DEALS Few Issues Make Fractional Gains: Brokerage Loans Lighter.

Average Stock Prices

A-#Tac f ' of twenty industrials Thurrda- Y*' 321 52 up 1.39 Average of *v rails a* 152.0. of? 83 Average of ff>rty bonds was 94 90, un 0 v BY KI.MI K r. \\ i./KR t'nitfd Prrus Financial l.ditor NEW YORK. May 3. Heartened by a smaller than expected increase in brokerage loans, trader resumed their buying operations on the Stock Exchange today. Price at the opening generally v.ere firmer and trading was on a oniev. hat more active scale. General Electric continued its sensational advance begun in the last few minute of trading Thursday. The fint sale va at 258 up 4 point on a transaction of 6.000 shares. Other leading issues made smaller gain , tild the general list rosf from tractions to a point or more. Several other large blocks app ared on tTr %/pt Radio opened 10.000 hart a, sllß anew high, and up 3 points from the previous C'-i tc The fir.-! ale oi Murray Corporation v. a: for 10.000 . hares at gz .up 1" • hile Will; -Overland opened 10,000 shares at 87. unchanged Kennecott Copper rose 1 to 06 on a block of 7.000 shares and Plei. ehmann was up 1 at 73 Oil 6.000 sharer. Post uni opened rn -s i ionally 35.(JOO shares at 80 anew record and a gam of 1 point I'll is sale involved $2,600,000. Warner Brother.-, sold at 130. up i , on 6.000 shares. Copper . ; ,ck . followed Kennecott Into higher ground. Anaconda advanced frariionallv and good buying develop; i in other issues. American Smelting eased .-lightlv to 110 and held around that figure. • New York C ntral firmed up in the railroad group v Pile united Aircraft again assumed leadership in the aviation stocks, the latter rising 3 . points to 149 . Westinghouse rose nearly 2 points to 161 • General Motor; advanced fractionally with other motor , firm. U. K. Steel gamed 1 to 182 American Can s poini to 118 . Wright Aero 2 to 133 .U. S. Industrial Alcohol a point to 171 Atlantic Refining led the oils with a gain oi 1 to 66 . Brokers' loan as reported by the federal re • rvc board for the New York distinct increased only $40.000.090 v ia n a much larger advance had been expected. This, together with retention ot tire 5 per cent New York i emseount. rate and a favorable bank : I element helped sustain strength in the market. United Aircraft continued to rise In the early dealing: and the majority ol i.- ucs unproved their initial prices

Banks and Exchange

1 .tv lank clearings figures. as Riven In Ihr Times d.iiJv. are cheeked carefill!' and alwevs arc correct, barring possibility of typographical errors. IN 1)1 \N \TO! > > i \ I Mi NT Mi MU 7 (IKK >i UtMrNT V. > l nit, 'i NEW YOiilv. M. • 3. Bank clearings. t1.549.000.C00: !r-iriitre hou balance. 515t.000.00r frrier 1 re.rnc br.uk ccridl IR! MR\ 'sT \1 I Ml \ r $• f nth r x WASHTVC .o: V;; 3._ T. . ;ur: net CriDts to ; .t. 1.201.332 MW VOSK (Ol H I RANG! High Lor. Close. . nm-rr . 14 4’ 14.38 14.38 March 14.17 14.15 14.15 .Vrt\ Ik >2 id 50 16 32 v. 15.60 15.53 15.53 September 14 05 14.38 14.88 D'cembr 14 1 a >! 14.52 WORK ON FLOOD WALLS IS COMPLETED BY CITY levee Between Emcriehsvillc and Tenth Street Repaired. Repair of the flood prevention trails between Emericlisville and Tenth street and the Indianapolis Abbatoir and the Belt railroad have been completed by a crew of city workmen under Harvey Cassidy, floco prevention engineer. Weeds which sprung up m the Cracks of the retaining wall have been dug out and the space filled With a mastic material. Cassidy said. Needed repairs in the concrete *nd the iron railing along the levee also have been made. The gang of eight workmen will start painting of steel bridges next week. Cassidy &ud.

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New York Stocks

- Mav Prcv. Railroad*—■ High. Low. 12 00. rlosc. Atchison 199 \ 199 199 200’ s At! Coast Line 179 t Bar A- Ohio 121 *i 120% 120 V. 120% Canadian Par ~327’. 236% 237% 1’36% Che sc & 0hi0... 223 222 222 C Crpi .. a: 1 86-* 86 . 87 Chi ft N West.. 84 , 84 84'. 83'. Chi Or) west.. ” 17 17% n%C R lAP 123 3 123% Del to Hudson. .137’* 19244 1971 198 Del & Lacka... . ... 123 123’ , t Fjle 73 1 3 72-, 73 82". Krie Ist pld 60', Grt Nor ... ... 102% 111 Central 137 : . i 137 237 137 Lehigh Valley 89 89 K C South 85!* ... Lou ft Nash 142 148'; .31 K ft T 50 49% 50 49% Mo Par pld 134 . 134 134’* 134’, IN Y Central ...186'* 185’ _■ 185'* 185!* NY C ft St L !36% 136 NY Mi ft H ...101"* 100% 101'a 100', Norfolk ft West .. ... ... 197% Pennsvlvaiua. .. 81 80'- 81 804. P " Va 135 Southern h- ...142-_ 142 142 ii 142 Southern Pac . ... ... 127 s- p. . . 22'* .51-a .32 32% St Paul pfd .. 52% 52's 52’4 52V* St L a W 99 99 St. b At S F lU'i 112% Texas A; Pat 177 177 Unloi. Patific .2J9, 219'* 219’* 218 West Maryland. 44' * 44 44 . 43!* Wabash ... 66'* ... Rubbers— Ajax . . . 7'* 7% F'.v 11 - 11 ■ • lIV* 11‘* Goodrich'. 83 H" ■ 82% 8114 Goodyear ’.28 A 126'■ 126’*, 128 Kelly-Spcflo ... 17' 17', 17", 17'4 t/Z-e 13% 17 1 ■ 18% 18 United Slate ... 56 55'* 55'* 65!* f.q uipmrnts— Am Cm Ac Pd-. .. 39"* 99', Am I.ocon.oM’-r 11, * 117'* 117’. 117', am steel Fd .. 69 . 69', 69’, 68!, Am B Sho, ... 53 1 * 53'* General Elec . 258’ 234'* 254'. 254 Gen P-. Signal. .102 ■ 109 109 108'* G<'ii Tank . . . 94•* 32'* 93 92 N Y Airbrake-.. 451* 45 45 1 _ 45', Pres: ed Stl Car . . 21 Pullman 8.3 82', 82‘. 83 W•• Minn Ur B 48 1 48 48 48", Wnstingh Elec .162 160', 160% 181% Stee.ls — Bernlehem ... 112' 111, 111", 111 3 * Colorado Tut!.. 6H 1 67'* 67 * , 67' Oil 43""., 43 43' 43'* Gulf State St! 63 1 , 65 : Steel... 91% in * iblc - . 90 , ... Rep Iron & Sti 93’, 99', 99", 98", Slos -Sla g . \ • . no T s steel 133 182 183 181", 18 17 , 47 , 47',* You tv.'ll Stl.. ... 123' * 129' a Vehadlum Corp 96’s 93 95 94"* Motors—1m Bosch .Mr.it 71' 67 1 1 . 67' - . 7<*' 1Hrigg . .. 47 41.' 46% 47'*, Chrysler Corp 94 93 V 93 -, 93 Kr (on Axle .. 66" r. 66 . 66',-. 65' • Gi I ni P .- 38"i .'7 37 . 36' r; ~ .ri Snbhr:- 27'- 24’, 25 26"* rrrl Motor B.7'* S4" r . 84 # 84", H O! 88'. a 87',, 87"* 87% Hupp 56 55 1 b 56 55 lorda . ... : 1 10% 11 lO'/a . 106 10 105 • 106 Msrtnon 101 * 97% 100 97 It o 2 7 , 27% 27' a 27'i Mo! or Wheel .. 47'a 46' 47 46 Ki h 98’ 98'., 58 , 93 Pac, . rci 136 1 a 134' • 135’, 133' Murray 93 93'. 93'., 91", P" re Arrow.... . 34'* 31' a Sum baker Col',. 31% 83% 34% 83% ftt-H- Warner 71', 70'. 70’, 71 Strc i ibcrg Cart .106 99', 99'. 890. Bear. . 86- , 87 * 87’ . 86'. Willv -Overland. 27 27 27'* 26% Yellow Coach .. 48'. 47’- 47’* 47". Vhi - Motor... 46% 46 46 . 46% Mining— A-,-. Si.i’t A- Rfg.llo 110‘. 110'* 110% Anaconda II ...14 V 144'* 143 144' . ( , ft it . 4, , 45% 43% 45% < Coppi r. . ... 104 Greene Can Cop 167' 165’*, 167". 161 In >3 . ; m Cop 50’,, 49% 50’, 50 lit Nickel 54'. 53% 54% 52 N-iinecot: Cop. 96-.. 95"a 95 *. 95 y.’-tme Cop ... 73" . 73 Ne: Cons 53% 52% 35"., 52 To:.a Gulf Sul . 85 : 82% 82', 82 U 4 Smeli 60% 60' Oils— A ... .1, Rfg... 66”, C!-.t 65 - Barn.sdail 44 43% 43% 43". eport- i'exa... . ... 44'.* 44% •toil-'on Oi! 96 95", I non Oil ft Gar. 37’a 36 % 37- 3S"a ’ r a rir nd Oil ... 40% 39% 40 39", -Cont- Pelroi. 35 34% 35 34"* i .0 Oil ft Tv. . 29% “9 29% 29 1 m-Api P•’ B 63 ■ 6!' , 63’ 60 1 P’. hip > Pcirol.. 41'. 41’ • 41", 41 •. Pri irie Oil Ga* 9' 59%, 59% 59% Louisiana Oil.. 14', 13’* 14 13’* Pure Oil 27 , "7% 27"* 2 7-:* Praia: • Pipe . 59", 59 59 59 Shell ”9 % 29' 29' 29'. R.chfieid" 45 44", 44' • 45% Sim ur Otl 38’ 38 38% 38 Oil 45". 43% 45% 43% ; , Cat 77% 77% 77'* 77 Sid Oil N J... 38’ • 37% 53% 58 Pin Oil N Y. . 12’.-. 42% 42 a 42". Corp . . b 6.)•*•4 1 65 I ** Trm.scontl 11 10 T * 10 7 a 11 li<his trial**'— Ad-. Rutneb . 107 34 36 91 A'lis Chalmers .212 206 . 210".., 205 A', 1 and Ch inical 291 ’ 28t>' ■ 291 281 Ar A 12". 12' • 12' 12% A— Can 148% 143% 117" 142 va Alaska .1 7% 7 7% 7 A-,.. 1- . Mill f'R 8., "Warner . 148"* 140 141 140 Am Safety Rag.. ■■ . 67 66% An try 43'■ 42'* 42’# 42% Am Wool 21 20" a Cut';:- 16. 165 167"'. 166 Coca Cola . 730 130 Cent’ C: r 76% 74%. 75% 75% Ce r r..' and .... 26* 25% 26- 2; Cor. stole lira 25’* 25 1 * 25"* 25% Patron Client. . "8* "8 Dupoill ’■79" 178 % 179-"* 178% Fr'itoi-.s P'.avn . 68' 67’s 67'* 6/ , Fox iA i ..... .. 98' 92 93% 91% Go! Dirt .. 68' 66 68 65", G’i-lee* 48", 48% 48'* 48% Link Bell . . 53 Ip M*rve;-ter .119 , 117% 117% '16% I- Foert 146 145% 145", 144’, Tor., 61", 61 61%, 61 ■% i-r . . 43% 42% 42% 42 v -on Ward 129', 132% 128’* '•atl ' C R 120 128-,, 128 % 127’, -, ( iii...:. . ; 144' ■ 145 .. lib Ov'n Bottle ■ .•or.) . . ,1M 111 1 ■ 112 -, 110 Baal Silk 76% ’’s’n 76% 73’ R'iv Rand . .. 38’ 33% 337, 22%. 5r,.... Roebuck .165' - 161% 1647, 160%. F-dio-Kcith 37% 35% 36' 37 f: . Carbide . 260", 2>B 25% 2.'9War. or 130% 128% 129- 128% Unit Pipe • • • • 14% r S Cs Ir Pipe. . 43 42"* 42% 42 U S Tnciux Alcn. ,171 170 170 169% Worthington Pu 53%, a3J .-"5% 337, Wooivort-h Cos . 223’ 223% 223'. 222% Utilities — Ain Tel ft- Tel 223% 226’- 228 226% \m For Power 114 112% 112", 110% \m Wat Wks.. 87 7, 87 87’- 87 Bvkt-n-Msnh T. . 6a'. 64-* Col G ft E 66% 65% 65’* 66% Cons ■ Gas . 112".. 111% 112% 110% Elec Po v ft Lt. . 71' 70% 71% 70", Intsrboro 31% A. Nor Anter Cos ... 110%, 107%- 110 107' : Natl Power . .. .55% 55 .5 54"* S Ca’ Edison . 56 55 a 55 57’* Pib Sen N J . 83% 38% 88'. 87 % S'd Gas ft El.. 91 % 90% 90", 90"-. Util ' :-'s Power 43 43-% 43 42’ We- Union Tel 198% 196% 197= 193% shipping— Am Inti Corp . 72", 71 71% 70-7, Am Ship ft Coni 4"- 4% AS! Gulf W I . . ... 39% 60% Inti Met M pfd *8 47 -17 48 U, --ft Fruit . 132% 131’. 132 - 130%. 1 OOCls Am Sug Rl’e .... 79% 79%. 79’ ■ 85 V. 93 % 93 93’., 92% Becc.V'Ut Pk . .. 85 % 85 85 85 California Pke 80 78 80 Corp Product.- . 97’. 96% 96% 97 Cuba Cane Sug . 9% 9% 9%, 9% Cuban Am Sup.. .. . . 11% 11" B Fieischmann Cos 73% 72% 73 71", Jewel Tea 151". 151' 151"* 152% Kaf 14% 43% 44 N'a 1 Biscuit ... 188 187 , 188 185 Natl Dairv ...136% 135% 136 ■ 135%. Postnm Cos BP-. 79% 80 x 78% Ward Baking B 12' 12% 12% 11", Tobaccos— Am Sumatra 48% 47% 48", 47%

(By Thonssop ft McKinnon:

Am Tob B 166% 165 366% 164% Con Cigars 85", 85% .. 72 VI 71 , 71 Lig & Myers... 88"# 38 88’, 88 laxrillard 21 21 R J Reynolds... 55% 55 55’’* 55 Tob Prod B 15 14% 147, 14% United Cigar St 19 18% Schulte Ret Strs 21% 2! 21 21!s Stand Com Tob 30 29% 29% ... Grand Union c.. 29’% 29% 29% 29 JjT&nd Union pfd 50% 50%

Indianapolis Stocks

—May 3 Bid. Ask. American Central L Ins Cos. ...800 Beit R R ft Yds Cos com 65 63 Belt UR ft Yds Cos pfd 56',a ... Central Ind Powers Cos pfd... 93% ... Circle Theater 105'/* ... Citie* Serv Cos com 29!* ... Cities Serv Cos pfd 96 Cities Gas Cos rorr. 28 30% Citizens Gas Cos pid 95% ... Commonwealth L Cos pfd ....IOO'/a ... Equitable Sec Cos com ... Hook Drug Cos com 43% ... HorufT Shoe Corp c0m....... 15% Ind Hotel Cos Clavnool corn ...125 Ind Hotel Cos pfd 101 Vi Ind Serv Corp pfd. 90 91 Indpls Gas Cos com 58 62 Indpls A; Northvtn Tr Cos pfd 5 Indpls P & L pfd 101% 164 Indpls Pu Wei L Assn c0m.... 50 Indpls St, RR Cos pfd 27% 31% Indpls Wa Cos pfd 98 100 Inter Pub Ser pr li pi ri. ...104 106 Interstate Pub Seri. Cos ptd.. 91% 96 Merchants Pub Util Cos p;d.,.101 Metro Loan Cos 100 Northern Ind Pub S C pfd 7s. 108 .'orthern Ind Pub S C pfd 65.. 98 102% ! Prog Laiindrv Cos com.. 47 51 \i. Rauh & Sons Fert Cos pld.. 50 Real Silk Hosiery Cos pfd 98 ... ■S-sxfinrf Oil Cos of Ind 59% ... T H Indpls & E Tr Cos psi., 4 T H Trac ft L Cos pld 93 Union Trac Cos com % Union Trac Cos Ist pld 1 Union Trac Cos 2nd pfd 1 .. % Union Title Cos com 46 V Camp Prod Cos Ist pfd .... 96% 100 V Camp Prod Cos Dfd 92 —Bonds— Bid. Ask. Belt R R ft S Y Cos 4s 85 Broad Ripple Trac Cos 5s 61 Ind Gaa Cos 5s .. 95 Central Ind Power Cos 6s 98% ... Chi S B & N Ind Rv Ist 5s Citizens Gas Cos 5s 100'* 104 Citizens Street Railroad 5s .... 77 82 Gary Street Rv Ist 5s 83 87% Horne T ft I of Ft Wayne 65.. 101% ... Indiana Hotel Cos 5s 100 Ind Northern Trac Cos 5s 3 5 Ind Railway ft Light Cos 55.. 95 ... Indiana Service Corp bs.. .. 88 Indpls Power and Light Cos ss. 98 ... Indiana Union True Cos 5s 2 Indpls Cos! ft S Trac 5s 98 100 Indianapolis Gas Cos 5s ...... 99 indpls ft- Martinsville T Cos os. 15 ... Indpls No Trac Cos 5s 7 11 Indpls ft Northwestern T Cos.. 15 Indpls Street Rv 4s .7 62 Indpls Trac ft Terminal Cos 5s S3 9o' Indpls U Ry 5s .1 1965 A B 101 . . Indpls water Cos 6*. 1953 10! !02% Indpls Water Cos 5%5. 1954. . .101 102'% Indpls Water Cos lien & rer bs 95 Indpls Water Cos 4%s 92% ... Indpls Water Works Sec Cos 5s 86 ... Interstate Serv Cos 4%s 90 ... Interstate Public. Service Cos 5s 96% Interstate Pub Serv Cos B 6%5.105 No Ind Pub Service Cos 5s .... 99% No Ind Teleph Cos 6s. 1931 98 99% T H ft E Trac Cos 5s T H Trac and Light Cos 55... 91% ... Union Trac of Ind Cos 6s 8% 12 —Government Bonds— Tiber:-, Loan 3%s 97.96 98.16 Liberty Loan 4%s 99.66 99.86 Liberty Loan 4s 99.76 .99.96 U S Treasury 4%s . 109.02 109.22 U S Treasury 4s 104.98 105.18 U S Treasury 3" e s 102.02 102.22 U S Trc scury 3%5, 1943 .. 98.54 98 74

Produce Markets

Butter (wholesale)—No 1, 474i48c; No. 2. 44 ,'46c. Butterfat— Lb.. 46 o 47c. Cheese i wholesale selling price per m-undl—American loaf, 33; pimento lout. ■!0c; Wisconsin flat. 29: prime cream. 37c; Daisy, 25c; Longhorn. 23c: New York limberyer. 30c. Eggs—Buying prices: Fresh delivered at Indianapolis, loss nfT 27c. j Poultry i buying pricesi - Hens. 28c; Leghorns hens. 2.3 c: broilers full feathered. 8"i : broilers bare back. 27c: Leghorns. 30c; old roosters, large 15c; small 10", 13c; ducks. 164/17c; spring guineas. "30c; turkeys. No. 1 young toms. 12 lbs. and up. .154/38,'; No. T young hens. 35c a lb.; No. , old tom. . 22',; 25c: No. 2 old hens, 25" 30c a lb. / lliinl I’: I X'S CHICAGO. Mr.y 3. Eggs Receipts, 27.450 cases; extra firsts 29',<29%; firsts 28% ',/2E"*c; ordinaries, 26'"28c; seconds. 26c. Butter—Receipts. 13.650 tubs: extras, 43%c: extra firsts. 424/42%c; firsts. 41 ■ 41%-e: seconds. 39'u40%c; standards, 43c. Poultry—Receipts. 1 car; fowls. 23,,/33c: Leghorns. 24 V 29c; ducks. 244,39 c: geese. 17c. turkeys. 20'</30r: roosers. 21c: broilers. 33',, 44c. Cheese—Twins. 2M/21%c; Young Americas, 22"22%c. Potatoes—on track. 360: am . . . 124: in transit, 907: market, l e,v stock steady, old lower; Tpxas sacked Bliss triumphs. .44.75 ,/ 4.90: few at S.V Florida barrels $8: Wisconsin sacked '■mind whites, 70'.'90c; Minnesota and North. Dakota.. 60", 85c; Idaho sacked Russet.. 52", 2.35. Hu rnilc'l I'm f s CLEVELAND, May 3.—Following are today's produce market quotations: Butter extras, 45' .•,</ 47% c: extra firsts. -13% " 45 1 -c: seconds. 4Xl*4/ 43’.-c. Eggs—Extras, 30'*c: firsts. 29%c; ordinaries. 26%c: extra firsts. 30c. Poultry Leghorn. 294/303duck. . 30". 33c; old cocks. 17", 18c: gees?'. 26", 27c: stags. 20 " 22c. Other Livestock ni> r„a,,i i'rc .a CHICAGO. May 3. -Hog:—Receipts, 11,000. including 2,500 directs; a irw opening sale. 15 to 25c higher: later trade around stc..dv: top 811.80 paid for around 200-lb. weights: butchers, medium to choice. 2/0-350 lbs.. $11.10", 11.60: 200-250 lbs . 11.15 11.80: 160-280 lbs.. Sll',/11.80: 130-160 ib., 610.40", 11.75: packing sows, $9 75", 10.50: pigs, medium to choice. 90130 lbs.. 59.2a •: 11.15. Cattle—Receipts.' I. caive . 1.000: largely a steady trade on steers, light yearlings and butcher heifers. strong: bettor action on fat sows, but weak to 25c lower on common cows, cutters and bulls: prospective top on long fed steers, 514.50: slaughter classes steers, good and choice. 1300-1500 lbs.. sl3 40", 14.75; 1100-1300 lbs., 513.40-14.90; 950-1100 lbs., $13.40" 14.50: common and medium. 850 lbs. up. .$10.50 - 13.50: fed veariines, good and choice. 750-950 lbs.. $13,254, 15; heifers. good and choice. 830 lbs. down. sl2 75 '"14.60: common and medium, .9 25'/i3' COWS, good and ch.v;,. *9.504; 11.75- common and medium. *B4/9.50; low cutter and cutter. $6 50 ,8: bulls, go vd and choice, beef. $10.25' 11.50: cutter to medium. $8 50 ", 10.2 o; coalers, milk fed. grod and choice. *l3 .id'' 16.7*0; medium. $11". 13.50. cull a -d common. $8"'ll: Stocker ant feeder steers good and choice, all weights, $12,264/13.75; common and medium. $9 5. 52.50. Sheep Receipts, 10.000: springers, steady Csliterntas. 1.775; shorn lambs, 25c lower $14.50 down; *hecp. 25 to 50c off: set ewes. $7" 8: lambs, good and choice 9> lbs. down. Sl3 854/14.75: medium S'3- , H; cull and common, $10.25'" 13; medium to choice. 92-100 lbs. down. sl2 75"■ 14 50ewes, medium to choice. 150 lbs. down $5.25", 8. cull and common. $2.75", 6.25. I! ' I nihil TOLEDO, May 3. Hog.—Receipts 400' market. lO'.i 25c no; heavies. Sll 50'./11 75 ; | mediums. $11.75„ 11.90: Yorkers sil",' 11. good pigs. $10.50".11. Cattle—Rr- | ceipts. light, market, steady Cahes— Receipts. light: market, steady. Sheep and lambs—Receipts, light; market, steady

In the Stock Market

'By Thomson & McKinnon) NEW YORK. May 3.—There can 1 be no question but that the increase j m brokers' loans fell far short of general expectations. With an al- ! most perpendicular advance in the averages during the past week. The i moderate expansion in the loans again naturally prompts the sugj gestion that recent accumulation . was of a substantial character in all probability participated into a coni sdierable degree by investors as well !as investment trusts. The fact that ; the highest type of securities stood out conspicuously in the forward : movement lends color to this theory. The remarks on the business outj look by the secretary of commerce j and the more hopeful outlook for j the settlement of the reparations j questions arc additional factors which could influence increasing in- | vestment demand provided there , were no unusual unsettlments in the money market. Unfortunately, however. we have not as yet a money condition which will permit the free indulgence of bullish ideas.

Local Wagon Wheat

Citv Rrnin elevators ar~ paving sl.ll I tor No. 3 red wheat and $1.06 for No. 2. hard.

THE INDIANAPOLIS TIMES

HOGS CLIMB 15-25 CENTS HIGHER IN PENS Cattle Seady: Veals Little Changed; Sheep Scarce. April Bulk. Top. Receipts. 26. 11.85 "z 12.00 12.00 6.000 27. 11.75"/ 11.90 11.90 5.000 29. 11.504/ 11.60 11.65 6.500 30. 11.60 11.65 7,000 May 1. 11.40 11.50 5.000 2. 11.654/11.75 11.75 4.000 3. 11.75"; 11.90 11.90 6.000 The local hog market opened 15 to 25 cents higher, and closed with most of the advance lost. The bulk of 160-300 pounds brought $11.75 to $11.90. Receipts were estimated at 6,000. and holdovers from Thursday's market totaled 290. The cattle market was steady. Vealers were little changed selling at sl6 down. Sheep and iaipbs were scarce with the quality very plain. The market was quotable lower. The Chicago hog market opened slow with few early sales and bids 15 to 25 cents higher. Occasional load of choice 180-200-pound weights brought $11.75 to $ll.BO. Several loads of choice 260-300 pound butchers sold at $11.60 to $11.65. Receipts were 11.000, including 2.500 directs, and holdovers numbered 11.000. Cattle receipts were 1,000: sheep receipts were 10.000. Hog prices today were as follows: 250-350 pounds, $11.50 to $11.90; 200250 v pounds, $11.75 to $11.90; 160-200 pounds, $11.75 to $11.90; 130-160 pounds. sll to $11.50; 90-130 pounds, $9.50 to $10.75, and packing sows, $9.50 to $10.50. Cattle receipts were 400; calf receipts were 700: Beef steers. $12.50 to sl4 bulk cull lambs, $9 to $11; low cutter and cutter cows, $6.50 to $8; vealers, sls to sl6; heavy calves. $8.50 to $12.50. and bulk stock and feeder steers. $9 to $12.50. Sheep receipts were 300: Top fat lambs, $14.50: bulk fat lambs, sl2 to sl4; bbulk cull lambs, $9 to $11; bulk fat ewes, $6 to $8.50. and spring lambs, sls to S2O. —Hogs— Receipts. G. 000; market, higher. 250-359 lbs S , l }’?2?'}i‘on 200-250 lb: 11.754/11.90 160-200 lbs H.7.V" 11.90 130-160 lbs ll OOv tt-oO 90-130 lbs 9.50'" 10.75 Packing sows 9,.50(1; 10.50 —CattleReceipts. 400: market, steady. Beef .steers SfjJ.SO-" 14.00 Beef cows 8.504/11.00 Low cutters and culler cows. 6.504, 8.00 Bulk stock and feeder steers.. 9.00''t12.00 —Calves — Receipts, 700; market, steady. Best veals $15,004/16.00 Heavy Calves 8.504; 12.00 —Sheep— Receipts, 300; market, lower. Top fat lambs Bulk fat lambs Bulk cull lambs 9.004, 11.00 Bulk fat ewes 6.00", 8.50 Spring lambs 15.00&20.09 Other Livestock l!u I iiilnl I'n x-i EAST BUFFALO. N. Y.. May 3.—Hogs— Receipts. 3.000: holdovers. 600; market. 15 4,'25c up; 250-350 lbs., $11,754, 12.15: 200-250 lbs $124, 12.25: 160-200 lbs.. $12,104, 12.25; 130-160 lbs.. $11,504/12.25; 90-130 lbs.. $11,254/11.75; packing sows, $10,254/ 10.75. Cattle—Receipts, 150: market. steady. Calves—Receipts. 120 market, steady: beef steers. $12,504/ 14.25: light yearling steers and heifers. $13,504/ 14.75; beef cows. $94; 10- low cutter and cutter cows. $5.50 "6; vealers. $15,504/16. Sheep—Receipts. I..i00: holdovers. 1.500: market, slow: bulk fat lambs. $14,256,15: bulk cull lambs, $94,12; bulk fat ewes, 58.256,9.25. HU 1 nited Press PITTSBURGH. Mav 3.—Hogs—Receipts, 2 250: market. 20 " 25c up: 250-350 lbs.. sll 704, 12.15; 200-250 lbs.. sl24i 12.35; 160200 lbs.. $12,104,12.35; 130-160 lbs.. $11.75" 12 35- 90-130 lbs., $10,304,12; packing sows, $lO 25", 10.75. Cattle —Receipts. 25; market, steadv calves, receipts. 125: market, steady: beef steers. $124, 14.50; light, yearliny teers and heifers, $114,14: beef cows. SB4/10 50- low cutter and cutter cows, $6", 7.75: vealers. $136,16: heavy calves. SIL" 15 Siieeo —Receipts. 1.100: market, steady to"weak: top fat lambs. sls: bulk fat lambs sl3 504'15- bulk cull lambs. 53.254/ 11.25; bulk fat ewes, $7", 8.50; bulk spring lambs. $164/ 19. Bit ru'dnl Puss CLEVELAND. Mav 3.—Hog.—Receipts. 1 500: holdovers. 118: market., mostly steady to 25c uo: 200-250 lbs.. $11.(54,12: 160-200 lbs.. $11,754,12: 130-160 lbs.. $11.50 6, >l9o' 90-130 lbs.. $11,254, 11.50: packing sows $9.75",10.25. Cattle— Receipts. 150; market, steadv: calves, receipts. 150: market steadv: beef steers. $124,12.75: beef cow's 594, 9.75; low cutter, and cutter cows, $6 754,7.75; vealers. sl3'" 17. Sheep—Receipts. 250; holdovers, 726: market, weak to 50c or more off; top lat lambs. $14.50; bulk fat lambs. $144,14.50; bulk cull lambs. $10,504,11; bulk fat ewes, $6.504,7.50. r.u T'nitc<l Press CINCINNATI. Mav 3.—Hogs— Receipts. 3 900- holdovers, 794: market, steady to 5c up- 250-350 lbs.. $11,254, 11.90: 200-250 lbs.. $11.85-" 11 90: 160-200 lbs.. $11,254, 11 50; 130-160 lbs.. $10.85 </ 11.75: 90-130 lbs.. .$9 11; packing sows. $9,254, 10. Cattle—Receipts. 250: market, steady: calves, receipts. 550: market, teals, steady to 50c down; beef steers, $134,14; light yearling steers and heifers. sl2", 14: beef cows. $9" 10.50: low cutter and cutter cows. $6,504, 8: vealers. $114,15.50: heavy calves. sll ",13.50: bulk stock and feeder steers, .$lO 4,12. Sheep—Receipts. 150: market. 50c 4,51 down: top fat lambs. sl4: bulk, fat lambs. Stl", 14; bulk cull lambs. $84,10: bulk fat ev.es. $2.506,7.50: bulk spring iambs. $154/18; bulk cull spring lambs. $114,14.

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

FOR RENT 2,600 Square Feet Office Space Second Floor Test Building Office partitions included, centrally located a lid automobile storage at your office door. Can be leased for three years with a real inducement on first year’s rental. Address Box E 106 Times

On Commission Row

Frnit Apples—Box Delicious. $3.00®4; sox fctivvman. $2.586 2.75: now Rome Beauties. •’*••754/3: bu. hel Jonathans. 52.25", 2.75: Rome Beauties. $5.50 6.50 a bb! Gre<*nuies. $64/ 6.50 bbl.: Rome Bca&ics. $5"/ 5.50 bbl. Grapefruit—Florida. $341,4; Texas. $4.50 Lemons—California a crate. 34 50% sto Lanes—Jamaica 100 bv count. $3 Oranges—California navel, a crate s4 li ~50: Florida. $3.50", 4. Strawberries—Alabama. 24-pint crate, $4.504i5.50. Vegetables Artlchockes—s2.so a dozen. Beans—Southern stringless. $3.50 a hamper. Carrots—Texas. $3 " 3.50 5-doz. crate. Cauliflower—California. $2.75. Eggplant—sl.so6l2 a dozen Parsley—Home grown dozen bunches fcUc Parsnips—sl.2s a bushel. Peas—Arizona. $5.50 a 45-lb. box. Peppers—Florida, a crate. 55&6. Radishes—Button hothouse doz. bunches, 75c. Spinach—Texas. $1.25 a bushel. Turnips—sl6/1.25 a bushel. Tomatoes—Repacked. 6-basket crate. $74? 9. C.ibbage—Texas, new cabbage. 3%c. Kale —Spring, a bushel. $1.25. Celery—Florida. $3&3.50. Lettuce—California head, crate S4.t>o'fYo: home-grown leaf, a bushel. 654f:75c. Onions—Yellow, a 100-lb. bag. $4.75; red. S& a bag; Spanish, a crate. $3.25: western 55.75. new Texas a crate $4 50. Shallots—3s ® 4oc a punch. Potatoes—Michigan round whites, lot) lbs.. $1.75; Ohio. $1.75(0)1.85: Idaho. $2.5045,3 a. bag: new Texas triumphs a 100lb. oag $6.50. Rhubarb—6o@7sc a b-lti, punch. Coconuts—So.so a Pag of 100. Sweet Potatoes—lndiana Jersey. 52.75 a bushel: No 2. $1.50 a bushpl- Nancv Hall Beans —Southern stringless. 33.75614 a hamper. WHEAT PRICES HOLD STEADY TONE IN PIT Corn Unchanged to Higher; Oats Strong; Trading Bearish. Bn i nilnl Press CHICAGO. May 3. Wheat futures were able to maintain a steady tone here today in spite of improved weather over the southwest and predictions that crop estimates would exert a bearish influence in today's trading. Corn was little changed and oats, slightly higher. At the opening wheat was unchanged to ', cent higher, corn was unchanged to % cent higher and oats were % to % cent higher. Provisions were strong. Now that the private crop estimates arc out of the way and the May delivery is being liquidated steadily, wheat traders are becoming more inclined to sell on the bulges. Eastern railways have agreed to reduce rates on wheat shipped to Atlantic seaports for export 2 cents a bushel until Sept. 30. Corn has had a strong under current due to delayed planting, but, although work is now about tvs*o weeks late, it is realized a period of fine weather would soon remove this factor and there appears to be more selling of the deferred months. Shorts have been good buyers of oats recently, for. while there is plenty of old grain on the farms, producers do not care to let go their stocks until condition of new crop is more favorable. Chicago Grain Table —May 3 Pfcv. WHEAT— High. Low. 1?:00. Close. Mav 1.13% 1.12% 1.13 1.13% July l.lCVfi 1.17% 1.18 1.18% September 1.22'. 1.21% 1.21?# 1.22'/* CORN— Mav 89% .88% .88’# .89% July 93% .93% .93% .93% September 96 .05% .95%. .96 OATS— Ma'- 49% 48-% .48% 49% July 46% .46% .46'* .46' , September ... .45 .45% RYE— Mav 94 .94 .94 .94 % July 96 .95% .95% .95-% September 97'* .964# .961# .97% LARD— Mav 11.77 11.70 11.70 11.72 July 12.20 12.10 12.10 12.15 September ...12.57 12.45 12.45 12.50 RIBS— May 12.50 July .... .... 13.00 H.u Times sih rial CHICAGO. May 3.—Carlots: Wheat. 12; corn. 78; oats. 47: rye. 0. ROAD HEAD WILL TALK Albert J. Wedeking. chairman of the state highway commission, will talk at the Chamber of Commerce at Jasonville Tuesday night. His topic will be the relationship of state roads to state parks. The meeting will be held in connection with the opening of anew park, the Shakamak. at Jasonville.

iOHEY T 0 LOAN -ONMORTGAGES STATE LIFE Insurance Go. T-135 STATU I.ll’i! BLDG.

NEGROES GIVEN HOPE THAT T 8' REIGN WILL ENO Habits of Living. Wages Are Blamed for Great Disease Toll. ‘The time has arrived when we may look forward to the virtual elimination ot tuberculosis as a major problem in public health.” declares Dr. Louis I. Dublin, writing in the April Harper's magazine. In this article of which extracts are given by the National Association for the Advancement of Colored People. Dr. Dublin also declares that “it is on the cards that tuberculosis soon must disappear.” Dr. Dublin stresses the different rates for the disease among the races in the United States saying; “The highest rates are found to occur among our Negroes and our native Indians.” Dr. Dublin states that ’ Tuberculosis is a disease of misery, afflicting the poor, squalid, and the disinherited. 'Where higher wages prevail, tuberculosis is not a serious condition. High wageS. better food, better housing-, better medical care, and tuberculosis apparently do not go well together.” The musical carnival of the Phyllis Wheatly Y. W. C. A. is to be held tonight in Tomlinson hall. Purpose of this carnival is to raise money to send girls to the Wisconson summer school and to the industrial conference. Many stunts usually seen in sideshows will be included on the program. Rabbi to Speak for V. \v. C, \. Rabbi Milton Steinberg will be the speaker at (he Y. W. C. A. mass meeting at the Walker Casino Monday at 7:30 p. m. Plans for dedication of the new building will be made. There will be special music by various choirs, the Y. M. C. A. band, Y. w. C. A. chorus, and the Y. W. C. A. trio Mrs F. B. Ransom will preside. The house committee will meet at the Y. W. C. A. Thursday, May 9, at 2 p. m. Mrs. .Florence Young, chairman. Girl Reserve council will meet at the Y. W. C. A. Saturday at 1 o’clock. Plan.s for the summer conference will be made. T*e Rev. Samuel Johnson of Kokomo will preach at Christ temple. Fall Creek boulevard and Paris avenue, Sunday morning and night. Evdtigelist Herbert Davis of Leavenworth, Kan., will conduct services at Christ temple next week. Elder Davis had charge of services here, for six weeks during the Rev. J. T. Haywood's recent visit to Texas and California. Mr. Haywood left today for Boston, where he will conduct a scries of meetings in the new temple. Allen chapel will complete its’ spring rally Sunday. The Rev. W. D. Shannon is pastor. Bishop C. C. Allayne of the A. M. E. Zion church, will preach at Simpson M. E. church Sunday night. Dr. E. A. White, pastor, will preach Sunday morning. The Bishop Scott Bible class of Simpson M. E. church entertained Dr. and Mrs. E. A. White and Mrs. Carrie Martin with a dinner Tuesday at the home of Mrs. Nancy Walker. 858 West Tenth street. M9-s. Eliza Havener is president. A reception was given in honor of Mrs. S. W. Green of New Orleans by the grand court officers and Calanthes of the city. Wednesday night at the club home. 2034 North Capitol avenue. , Bishop to Preach Mr. and Mrs. A. L. Patton of Chicago were guests of Mr. and Mrs. J. A. Patton, 1936 Boulevard place, this week. Ths Rt. Rev. Cameron Chesterfield Allayne. bishop of the Indiana conference

New . . and Different! ' % yo h Smart .. bp - to-the - minute /sis Ui-y n // j \ wJ- ~r"i' i fabrics that have life and color in college j A ,\ t " models that iusinuate class at a glance. Light pj\ \fy A ' and dark shades—checks, stripe-, novelties | ]Z-Tw 1 —in one and two-lmtton models tlial arc V '\ft' ' i j/yf styled after exclusive, high-grade tailored \, y jo\ V fashions. See this new display today! I f you / i want to dress smartly at low co-t you w ill be A / entluisiastie. "7m r f j j , | j ‘ Walk Up a Flight and Save the Difference” —a , |j \ i mm— | ■ r 55H5H5 Style.. Plus— i | “Walk Up a Flight and Save the Difference'’ i air great buying cumbinatiiin has enabled us to add •ti v snappy line of _ young mu - " Hr"a<l' ay i aibin-'i Sim PR ijjp2 Hi p '•ur a:- pgjllgU. 2 Wtß m MWI. ,-r,u'\ <•<iin] >l • t*• -'iii- k - ■gjLggß rag |H j- i e • r-a! I 9L--v -stk and zippers instead of IPHH 2 flu I lons nn the lull trousers. .. „ . „ .... . . Entire Second Hour Thompson Building l iiese are new and ditlerenl . , .. .. . . Pioneer Lpsftiurs Clothing Store in Indianapolis :pp th P 111 Open Saturday Nights Till Nine

Next Week at Walker

What Fiorrnz Ziegfeld ha; done for the | American xhvtr sir I. Ir'in C. Miller has done in a big va; for the American colored girl, through his annual production of "Brown Skin Models.’’ The show opens Monday night at the Walker for a week's engagement. The collection of bronze beauties is not billed as the proverbial beautiful but dumb’ variety, but the entire personnel, from leading lady to the newest lady of the chorus, knows and acts her part with exceptional skill and de/otloti. The dancing, music, scenery and costuming of "Brown Skin Models’’ is the most elaborate of any colored revue. The entire ensemble is to be interspersed here and there with comedy of a high order, which makes the show a beautiful and amusing stage offering. On the screen the first four days, opening Sunday is William Haines in the great crook drama. “Alias Jimmy Valentine.’’ Thursday, Friday and Saturday. Ramon* Novarro will be shown in "The Flying Fleet." a thrilling film with a background of naval aviation. of the A M E. Zion church, will preach Sunday morning at Jones tabernacle. Blackford and Michigan streets! Beginning Monday night and continuing through the week, the annual spring bazaar will be held at Jones tabernacle. Program will be given each night and a number of booths will dispense foods, drinks, and novelties. A school of missions will be given at New Bethel Baptist church by the E. P. Coti Missionary society of the church today from 9 a. in. to 6 p. m. under direction of Mrs. Mattie G. Anderson, superintendent of the Fireside schools, Nashville. Tenn. The public is invited. Society lias Anniversary The E. P. Coti Missionary Society will celebrate its thirty-fourth anniversary Sunday afternoon at 2:30 at New Bethel Baptist church Mrs. Lcota Skaggs is president, and Mrs. Nany Wright, secretary. The Rev. N. A. Seymore is pastor. Alpha Omega Psl will meet with Mr;. Lillian Le Mon. 1036 North West street. Saturday at 3 o'clock. National Music week will be observed. Students of Miss Mae Clemments. of i the Cosmopolitan School of Music and Fine Arts, will be presented in a musical recital Monday. May 13. at the J. 1 5 ■ Hill Community Center in Columbia avenue- , r . , Students to Give Recital Vocal : tudents oi Mis Mattie t. Stovall v.il give a recital Monday. May 20. at New Bethel Baptist church. Fifteenth street and Martindale avenue. In observance of National Music v.cr!>, the following from the Fitzhugh-Val-n----tine College cf Music will sing at different churches Sunday morning. Air... E.stella Small. Second Faptist: Verne Overton. Shiloh Baptist; Charles T. Amos, First Baptist church. North Indianapolis, and Mrs. Bertha Bojd. Jones Tabernacle. Bon Viante Club met Thursday with Mrs. Ethel Campbell in Bcilcfontainc street.. The Topaz Club is to meet with Mrs. Lillie Hurt in Camp street. Saturday. The Rev. S. G. Spottswood will speak on tile subject, ‘‘The Delights of Fraternity.” at a meeting of Southern Cross lodge. No. 39. F. ft A. M. tonight. James Matthews, Marion C. Jackson, and H. M. Johnson arc members of the committee in charge. Children so Have Party The woman’s council and junior auxiliary will give a Children’s May party at Walker Casino Saturday from 2 till 5 o'clock. Mrs. Anna B. Smith is chairman. The Rev. H. L. Herod, pastor of Second Christian church. Camp and Pratt streets, will preach on the subject. "Sins of Uselessness and Misuse.” Sunday morning. The Rev. H. L. Herod, superintendent of Flannel- House settlement, reports that regular rehearsals are being conducted for House uageant.^to_ h%d May 22”at*Tomlinson hall, directed by Mrs. j Lillian Jones Brown. Annual Thanksgiving services of local Knights of Pythians are scheduled for Sundf.v afternoon at 3 o'clock at Simpson M. E. church. Eleventh and Missouri street.'.. Dr. D. E. Skelton will preach the annual sermon The meeting Sunday will be preceded with a paraae at 1:30. forming at Walnut and Senate avenue, moving north to Fifteenth street; west to Missouri and south to the church. Thomas Davis v.-ill be marshal.

MAY 15,1929

COPS' ACTIONS ANGER CROWD - IN CAR CRASH Collision Witnesses Blame Mike Glenn. Ex-Traffic Head, for Smash. Residents of the neigliborhood around Keystone avenue and Michigan street today were voicing bitter resentment of attempts Thursday niglit by Michael J. Glenn, former traffic inspector, and two policemen to shift responsibility to a, 19-year-old autoist for a crash in which a young girl was injured slightly. Glenn is under sentence to federal prison for three years upon conviction of conspiracy to dispose of a stolen automobile, growing out of the Indianapolis “hot car” thru ring inquiry last fall. His case is pending in circuit court of appeals at Chicago. A large crowd gathered at the accident scene Thursday and many persons were indignant at. the handling of the accident investigation by Motor Patrolmen Pinkney C. Davis and Fred Armitage. Two Coupes Collide According to witnesses. Leroy Fisher. 19. of 2546 Brookway street. \\adriving east on Michigan street with Miss Lorettc Peirce. 17. of 623 North LaSalle street, as a passenger. Glenn, with two women in his car. witnesses said, drove up to Michigan street in Keystone avenue, did not come to a full stop, coasted into Michigan street, turned west and then started to turn south into the continuation of Keystone avenue. At this point Glenn's Nash coupe, bearing a New York license, collided with Fisher's Ford coupe. Fisher's coupe was found wedged between telephone poles with the side of it nearest Glenn's car smashed in. Glenn's headlights and front bumper were crushed. Glenn, according to witnesses, in a loud voice declared the youth had run into him and till the fault was his. Witnesses declared Glenn moved Ins car before police arrived. Gives Phony Address Fisher said that when lie asked Glenn his name and address, Glenn replied, “The police have it.” Armitage and Davis said Glenn gave them his address as Apt. 9, at 1065 North Pennsylvania street. A Times reporter found there is no such address. The 1000 block of Pennsylvania street ends at 1047. the Graylyn hotel. Late this morning. Davis said he believed he had made a mistake that the Glenn address was Apt. 9 at 1005 North Pennsylvania street. The manager of an apartment at 1005 North Pennsylvania street said that Glenn recently had rented Apt. 109. not Apt. 9. The officers declared there was only one woman in Glenn’s car and she was Mrs. Glenn. Miss Pierce said she sat in Glenn's car for a short time after the accident and talked with two women in it. Other witnesses said there were two women in the car. Glenn left the accident driving east. The two uolicemen left shortly afterward, in tn . direction.