Indianapolis Times, Volume 41, Number 1, Indianapolis, Marion County, 13 May 1929 — Page 14
PAGE 14
PROFIT-TAKING FORCES STOCK ) PRICES LOWER Traders Take Profits on All Bulges: Few Issues Gain.
Average Stock Prices
Avfragf of merit- indr ,’.rials Saturday itt JjTm off !11 A'erase of twenty rails *>’ isi 81. up .0!. A'Tag’- of forty bon da rr M . off .10 BY ELMER O. WAITER I'nlted Press financial Editor NEW YORK. May 13.—Profit- j taking in progress on the stock exchange Saturday, earned over into today's session with prices at, the outset generally lower. Business quieted down as prices eased off. Declines were not excessive in any case, ranging from fraction. 5 ! to about two points in extreme, eases, with Radio Corporation off 1H at f>6 ! rr. Columbia Graphophone declined •’* to 72%. Anaconda Copper l*a to 135%. and and Schulte Retail Stores 7 - to 23. On the other hand, a few 5 stocks were, bid up. including Standard Gas, Fox Film A. Murray Corporation and several of the rails whicji were bought on the belief the supreme court would hand down a, decision today in the St. Louis and O'Fallon Railroad case. In the railroad group, New 5 Haven paned -< to 99%, Erie U to 74%. and Pennsylvania ’A to 78%. Union Pacific eased fractionally. Chesapeake Corporation declined 1 % on file announcement of the good news of a 33 J-3 per cent stock dividend Saturday. South Porto Rico soared 5 points to anew high for the year at 45 on a sale of 12,500 shares. Other sugars were steady. Utilities held well, while motor shares declined. Amusements were higher with Paramount up '4 at 71 and Fox strong around 97. Coppers continued under pressure. Leading issues were depressed in ; early trading. General Electric lost 2ti points, to 261’.;. w hile American Can was off 1% at 145%, International Combustion 1 % at 78';. Packard 1% at 131 1 .. Sears-Roebuck % at 1044, General Motors % at 82 7 3 and Chrysler 1% at 85' . Support was encountered on the decline with the heaviest losers of the early trading, rallying from their opening lows. There was nothing in the news over the week-end to account for the selling. Traders were still cautious and were eager to | take profits on the bulge of last Friday. Copper stocks failed to rise when j the selling elsewhere had run its j course. Anaconda dropped to anew | low on the movement and others j were weak or. a further decline in j copper prices at London.
Banks and Exchange
IMIIAN 4POI IS ST \TEMENT Indianapolis hank clearing.'- Monda", | May 13. 4. 932.000: orbits. *8.562.000. MH YORK MMIMLNT Bn l nit ft Pc -* NEW YORK. Mav 13. Ban’-, clearings, *591.000.000 clearine hoi; c haia-,-e. $124 - 000,000: federal reserve bank credit balance. $121,000,000. TRI ASI'RY STATEMENT B t t vite '/ /’r* > WASHINGTON. May 13 Thr treasury ; balance Ma\ lb. *1f>1.434.2c>4.f*8: eus- j toms receipts to that dr.tr. *16.308.091.39
Produce Markets
Butter (wholesalel —No 1, 474/ 43c; No ' I. 4447.46 c. Buttcrfst—Lb.. 46047 c. Cheese *. boieaaie /.eiiing once per o^-undi—American lost. 38: pimento loaf. 40c: Wisconsin flat. 29: prime cream. 37c: Dalsv, 25c: Longhorn. 25c: New York lim-ber-rer. 30c. Eggs—Buying prices: Fresh delivered at Indianapolis, loss off 28c. Poultry ibuvlng prices' Hens. 28 ,-c: Leghorns hens. 25c. broilers lull feathered. 35e; broilers bare back, 27c: Leghorns. 30c: old roosters, large 15c: small 10013 c; durks. 12'-(t4c: spring guineas. 30c: turkeys. No. 1 young toms. 12 lbs. and up. 35038 c; No. 1 vounr hens. 35c a lb.: No. 1 old toms. 225525 c; No. 2 old hens. 253 SOc a lb. Births flirts .Tack and Anne Kirby. 5708 University. ' Beulah Mp: Payton. 3028 North Gale Llovd and Helen Wilson. 1213 North Rural. George and Acidic Sneed. 2128 Boule- | yard place. Wayne and Helen Young, 1018 South . State Bovs James and Dorothy Riggs. 331 East New 1 Tork Esther and Corean Harrison. 880 Burd- *'. Parkwav. Robert and Lcrainc O'Neal. Methodist j hospital. Deaths Frank Fink 20. city hospital, accidental Infant Sterling. 1 hour, city hospital. premature birth David H. Spencer. 80. 1322 Broadway, cerebral hemorrhage. Charles C. Taylor. 36. city hospital, ac- , tidental Roy Moore. 18. ntv hospital, accidental. Herman H Behring. 87. 1132 Comar. ; •erebra! aprolexy. . Vivian L. Cook. 3. 415 Concord, broncho bneumonia. „ , . Oliver Wm. Robbins. 2i. 4213 Ralston, i pulmonary tuberculosis j Iva Lee Underwood. 49. Central Indiana hospital, accidental. Robert M Riley. 65. 547 North Gray. ; •cute myocarditis. Charles E. Powell. 44. 4345 College. * l M&x*Miller. 30 Long hospital, uremia. Jean Coburn. 4\ St. Vincent's hospital. accidental. David Sheblaux. 21 days. 1120 North; Pennsylvania, marasmus. I Jonahan Coffin Mendenhall. 83. 1.1. Worth I’.ltnois. arteriosclerosis. William N. Felming. 61. 3535 varrollton. ! coronary thrombosis _ .. ! Lawrence G. Fletcher. 39. 1119 South J West, chronic myocarditis. Thomas Hupp, 82. city hospital, chronic myocarditis. Building Permits E. Edwards, dwelling. 3022 North Hard- i lr |'. *Edwards, dwelling. 3020 North Hard- : * n j‘ garage. 919 North Haugh. S3OO. j E. Townsend, dwelling and garage. 102 North Sheridan. 5 000 T. Campbell, reroof. 3690 Central. S3O. ] G. C. Cloud, dwelling and garage. .24 Watson road. $12,750. O. A Day. dwelling. 2539 Boulei ard . ** L C *BtklVerman. repairs. 1005 Union. S2OO. | C. Moore, garage 1539 Somerset *2?O , G. F. Dtckmeyer. garage. 533 Holly. *250. j E. Swenson, dwelling. 3326 Brookslde parkway. $6,300. DARROWTODEBATE DRY Contest on Prohibition to Take Place in Baltimore Tonight. *‘■BALTIMORE. Md.. May 13Clarence Darrow. the lamed liberal, and Dr. Clarence True Wilson, general secretary" of the Methodist Episcopal Board of Prohibition. Temperance and Public Morals, arrived here today preparatory to their debate on prohibition tonight.
New York Stocks __ '{By Thomson St McKinnon) —Msy 13— Prev. Railroad*— High. Low 12 00. close. Afchlson 200% 129% 200% 199% Atl Coast Line 180% Bait At 0hi0...121 119% 120% 119% Canadian Pac ~23<% 233% 233% 234% Chesa ft Ohio .228 227% 227% 229% Chesa Corp .... 96% 93% 94% 96% Chi At N West.. 84% 83 84% ... Chi Grt West 18% 17’j 18% 17% C R I & P 125 124 124 124% Del Ac Hudson..l9s 194 194 194 Del Ac Laeka ...120% 120% 120% 121 Erie 75% 72% 74% 74 Grt Nor 105% 105% HI Central *...., 155 Lehigh Valiev... 38% 87 87 89 Kan City South 34% ... Lou Ac Nash ....141 140% 141 M K Ac T 50% 48% 49% 48% Mo Pac pfd... .136% 134% 135% 134% N Y Central....lßs 183 185 184 NY NH Ac H.... 100% 97% 99% 98% Nor Pacific 102% 101% Norfolk Ac West.l46% 196 196 197 O Ac W 27 27% Pennsylvania .. 79% 78% 78% 78% P St W Va 134% 133% 131% . . Reading 109% 107% 109 109% Southern Rv ...140%, 139' 140'- 139% Southern Pac ..132 128% 132 128% St, Paul 33% 31% 32% 33 St Paul pfd 53 52% 53 52% St LAt S W.... 93% 93% 94% 93 SI L At 8 F 113% 113 113 112 Union Pacific . 222% 220% 222% 220% West Maryland. 46% 45 45 45 West Pac 37 36 37 37% Rubbers— Alax 7% 7% 7% 7% Fisk 11% 11% 11% 11%. Goodrich 83% 82% 82% 83% Goodvear 131% 131% 135% 133% Kelly-Spgfld .... 18% 17% 17 s , 18% Lee 19% 18% 19% 19 United States .. 57% 55% 56% 56% Equipments— Am Car A. Fdy.. 98 98 98 ... I Am Loco 118%, 117% 118' ilB Am Stol Fd .... 66% 65% 65% 66 Baldwin Loco .. 54% 54 54 General Elr .. 265% 258% 261% 264 Gen SRv Signal 115 112% 112% 114% Gen Tank . .. .90% 89’. 89% po% N Y Airbrake.. 43', 43% 43', 430. Pressed St 1 Car 20% 20% Pullman .81% 81 81 81% Westipgh Air B 48 47%. 47% 47% Westinch Elec ..167% 162%. 164% 164 Steels— Bethlehem ....r.109 106% 106% 109'a Colorado Fuel... 66 64", 64% 66 Otis 43% 43% 43% 44 Gulf States St 1 65 Inland Steel. 89% 89% Crucible 92 1 - 90% 92% 90' Rep Iron it Stl .96 94' 95% 97% U S Steel 179 177% 177% 179% Alloy 46% 46% 46% 46% Youngstwn Stl.. .. ... 129 130 Vanadium Corp 92% 91 % 91% 91% Motors— Am Bosch M ;.. 68 66% 67 67% Briggs 44 43% 43% 44% Chrysler Corp .. 85%. 81'. 8% 87 Eaton Axle ... 70% 67 , 67% 71 Graham Paige.. 35 341 34% 35 Gabriel Snbbrs.. 27 26% 26% 26% General Motors. 82' 80% 80% 82-. Hudson 89% 87% 87% 89 Hupp 54 52% 52% 55 Jordan 10% 10 10% 10% Mack Trucks ..103% 102% 102% 100% Marmon 101% 99% .99% 100% Reo 27 V. 27% 27% 27% Motor Wheel.... 46% 46% 46% 46' . Nash 95% 94V, 94% 85% Packard 132% 129% 129% 132% Murray 96% 94% 94% 96 Pierce Arrow ... ... 34'- 37% Studebaker Cor. 83 81% 81% 83 Stew Warner... 76% 72% 72% 75' Stromberg Can 102 101% 102 102% Timken Bear... 91% 90 90 90% Willy.s-Overland. 27% 26% 2678 27 Yelov: Coach.... 37% 45% 45%• 27 White Motor... 45% 45 •45 45% Mining— Am Smit & Rfg.lo4 102% 103% 104%, Anaconda Cop ..135% 133'.- 133%- 135% Calumet & H 44% 43% 44 44% Andes 53 51% 52% 52% Grene Can Cop . 155' 155 155 Inspiration Cop 48% 48% 48% 48% Int Nickel 52 50% 51 51% Kennecott Cop.. 89% 87% 87 1 - 89%, Magma Cop ... 71% 73% I Nev Cons 49% 48% 48% 49 Texas Gulf Sul.. 79% 78% 78% 79% U S Smelt 62 Oils— Atlantic Rfg. .1 70% 69 69% 71 Barnsdalp ... 47% 47 47 48 Freepoit-Texas.. 46% 46 46 46% Houston Oil .. 96% Indp Oil & Gas. 38% 37% 37% 38% Marland Oil 39% 39% 39% 39',, Mlri-Crnt Petrol 36% 36 36% 36% Lago Oil & Tr.. . 30% Pan-Am Pet B. 62% 61% 61% 63% Phillips Petrol 41% 41', 41%, 41 % Prairie Oil A- Gas 59% 59 59 59', Louisiana Oil .. 14% 14% 14% 15 Pure Off 29% 28% 28% 29% Prairie Pipe .... 60 59% 59'- 60 Shell 29% 29% 29% 29%, Richfield 47% 45 n 45% 47% Sinclair Oil 38% 38% 38% 38% SkelK Oil 43% 43' 43'. 43% Std 0,1 Cal 79' 78% 78' 79'Std Oil N J 61% 60 60 % 62 Std Oil N Y 43 42 % 42% 43% Texas Corp .... 65% 65% 65% 66 Trp.nscont! 13% 12% 12% 13 White Fagle ... 35% 35 35 35 Inrtil'iriaK— Adv Rumelv ... 75% 75 75 67 Allis Chalmers. 19.9%, 195 195 199%, Allied Chemical .. 28? 286 Armour A 13% 13% 13 1 13% Amor Can 146% 14.3 143'- 147 Alaska .1 6% 6 6 6% Am Rolling Mill .. ... 117% Borg Warner . 132% 130 130%, 132 Am Safety Fas. .. .. ... 67 Am Ice 43% 42% 43 43% Am Wool 20% 20% 20% 20% Curtiss 164 162 162% 161% Coca Cos% 130 130% Con.l Can 74%. 74% 74% 74 1 ,- Certainteetf ... ... 24% Conco’eum 24% 24 24 24%, Da non Client. 37% 56% 57 57% Du Pont 177 176% 176% 177 Famous Players. 71% 69 69 70% Fn\ (At 96 5 8 94% 95 96% Gold Dust 64% 63% 63', 64% Glidden . 46% 46% 46% 47 Link Belt 53'- ... Int Harvester ...116 114% 114% 115% Lambert 141’ 140% 140% 141% Loews 61% 60% 60% 61% Kolster . .41 40% 40'- 41% Montgom-sVard 123 121 121% 124 Na'l C R 125% 122% 123% 124% Pittsburgh Coal . . 70% Radio Keith 33 31% 32% 33 Radio Corp 96% 95% 95% 98% eal Silk 76 75 75 76% Rem and ....... 33% 33% 33% 33 3 > Sears-Roebnek ..164%- 162 162 164’. Ull Air Craft .151% 146 146% 150% Union Carbide.. 84%-. 83 83 84% Warner 125% 1?3 123% 126% Univ Pine 14% 14%. 14%, 14% USCs Ir Pipe.. 41 40% 40% 41% U S Indus A1c0.,163 162 162 168% Wo-'hineton Pu 50 Wcolworth Cos ..231 230 230 231% Utilities— Am Tel A Te1...220% 220%. 220%- 220% Am For Power.. 11l % 108% 108'% 111% Am VVa' WksN.. 90 88% 89 89% Brklyn-Manh T. 63% Col G & E 70% 68% 89% 70% Consol Gas 117% 115% 115% 117% Eler Pow A Lt.. 69% 67% 68%- 68% Interhoro 29 27% 28 28% or Am Cos 112%, 110% 112 112% Nail Power 54 5? 53 1 • 54' - S Cal Edison .. 57 56% 56% 56% Pub Serv N J ... 92 59% 89% 91% Std Gas ft E 1... 82 , PS", 92'.• 91% Utilities Power . 43 42 42 12% West Union Tel. 179 195% 195% 197 ■'hipping— Am Inti Corp... 57% 65-%, 66 66% Am Ship A Com 4% 4 4 Atl Gulf A W 1 59'- 59% Inti Mer M pfd. 45%, 43% 45% 44% United Fruit ...128' 127% 128% 127 Foods— Am Sug Rfg ... 83% 83%' 83% 83%. Kroger 89% 88% 88% 89% California Pkg.. 77% 76% 76% 77% Corn Products 94% 93% 93% 94% Fleischmann Cos. 70% 70 70 70% Jewel Tea .. 147 ... Nat! Dairy 135 134% 134% 134% Natl Biscuit .... 180%, 180 Postum Cos 86% 73 73 76% Ward Baking B. 11% 11% 11% 11’, Tobaccos— Am Sumatra ... 46% 4.4% 46% 46% Am Tob B 174 172 172 175 Con Cigars ... 85% ... General Cigar... 70 69% 70 Lig A Mevers... 91% 90% 91 91 Lorillard 26% 25% 25% 26% R J Reynolds.... 58% 53% 58%• 58% Tob Products B 16% 16% 16 16% United Cigar'S:. 21% 20% 20% 21% Schulte Ret Sirs 23% 23 23% 23% Stand Con Tob 27% 27% Grand t 7 nion pfd 47% ...
In the Stock Market
(By Thomson & McKinnon) NEW VORK. May 13.—Inasmuch as President Hoover is credited with having approved the so-called burgess sprague analysis of the money market the report takes on a much more authentic tone than many of those of like character and of recent publication. Apparently the campaign of the federal reserve board to reduce security loans has the support of the administration which, according to one of our leading financial papers, would like to see “large speculative credit drained off gradually rather thsn to rip out the dam with a consequent smash to the market.” Surely such views are not conducive to bullish activity and to me it appears unwise to disregard them.
Local Wagon Wheat
City grain elevators are paying *1.03 for No. 3 red wheal and 98c for No. 2. hard.
HOGS LARGELY 15-25 CENTS HIGHER IN PENS ■ 1 ■ / Vealers Quoted Steady to Strong: Cattle Prices Firm. Mav Buik. Top. Receipts. 6 11.40ft11.50 11.50 4.500 7. 11.25''! 11.35 11.50 4.500 8 11.40 11.50 5,500 9 11.50 11 50 6,500 in 11.50 ft 11.60 11.60 7.000 1! 11.25 11.25 2.500 13. 11.40h11.50 11.50 6,000 Hogs were largely 15 to 25 cents higher today in the local stockyards. The bulk of 160-225 pounds sold at $11.40 to $11.50. generally selling at $11.40. Bidding around $11.25 to $11.40 for choice 225-300 pound averages. Receipts were estimated at 6.0000. and holdovers from Saturday's market totaled 174. Cattle were steady. Beef steers brought $12.50 to sl4. Vealers were steady to strong. Generally selling $14.50 down. The top price paid was sls. There were not enough sheep and lambs in the pens to test prices. Market was quoted about steady. Hog prices today were as follows: 250-350 pounds. sll to $11.40: 200250 pounds. $11.35 te $11.50; 160-200 pounds, $11.40 to $11.50; 130-160 pounds. $10.75 to $11.25; 90-130 pounds. $lO to $10.75, and packing sows, $9.50 to $10.50. Cattle receipts were 550: calf receipts were 350. Beef steers. $12.50 t,o sl4; beef cows, $8.50 to $11; low cutter and cutter cows. $6.50 to $8; vealers. sl4 to $14.50: heavy calves. $1.50 to sl2. and bulk stock and feeder steers. $9 to $12.50. Sheep receipts were 50. Top fat lambs. $14.50; bulk fat lambs. sl2 to sl4: bulk cull lambs. $9 to $11.50: bulk fat ewes. $4.50 to $6.50, and spring lambs. sl7 to sl9. Hnjrc— Receipts. 6.000; market higher. 250-350 lbs $ll.OO-9 11.40 200-240 lbs 11.30f ll.pO 160-200 lbs 11.40" 11.50 130-160 lbs 10.75 ft 11.2 j 90-130 lbs lO.OOfrt 10.7a Packing sows 9.00<5. 10.50 —Cattle — Receipts. 550; market, steady. ■Rr/'f pteers $1 50 Uj 14.00 Beef covn 8.501/ 11.00 Low cutters and cutter cows. 6.50*/ 8.00 Bulk stock and feeder steers. 9.00*/12.50 —Calve*;— Receipts. 350; market,, steady. Best teals 5J4.00'.' 14.50 Heavy calves ll.oOft 12.00 —Sheep— Receipts. 50: market higher. Tod fat lambs $14.00 Bulk fat lambs s l4 -22 Bulk fat lambs 12.00 ft 14.00 Bulk cull lambs 9.00 ft 11 .o 0 Spring lambs 17.00 ft 19.00
Other Livestock fill I nitC't Press CHICAGO. May 13.-Hogs- Receipts. 32.000; including 14.n0n; market slow at 10c. to 15c advance: top SI 1.40 paid for 160 to 210 lb. weights; bulk of good and choice 160 to 280 lb. weights! *ll ft 11.35; butchers, medium to choice 25.0-350 lbs.. 510.50'.' 11.15: 200-250 lbs.. $10.600/ 11.40; 160-200 lb-.. 510.35 >i 11.40: 130-160 lb.-.. *9.35*i 11.40: packing sows. $9,509/ 10.25: pigs, medium to choice 90-130 lbs.. 59.25 11. Cattle Receipts. 16,000. Calves—Receipts. 5.000: largely a 6teer run: early trade on strictly good and choice kinds fully steady: packers lower on others: top *ls for 110 ib. averages; cows held strong: slaughter classes, steers, good and choice. 1 300-1 500 lbs. *13.252/14.90; 1.100-1.300 lbs.. $13.25--/15; 950-1.100 lbs., $13,509/15; common and medium 850 lbs. up. $10.75"// 135.0: fed yearlings, good and choicr. 750-950 lbs.. $13.75-//15: heifers, good and choice 850 ib. down. $139/14.75; common and medium. $9,509/ 13: cows, good and choice, $9.75’./12.25: common and medium. $7,759/9.75: low cutter and cutter. $69/ 7.75; bulls, rjiori and choice tbeefi $lO9/11.50; cutter to medium 8-/10: sealers -Milk-fed), good and choice. 10"// 14.50: medium. $9.50 9/10; cull and common. SB-// 9.50: stocker and feeder steers, good and choice tall weights*. $12,259/ 13.50: common and medium. $9,759/ 12.50. Sheep—Receipts, 17.000: market, slow and steady; buik wooled lambs. 169/ 16.25: shorn lambs. sls; choice ewes. $7.50: slaughter classes, spring lambs, good and choice. $16,509; 17.75; medium. $15.50© 16.50; cull and common. $13.2597 15.50; lambs, good and. choice. 92 lbs. down. $14,109/15: medium. *12.50-// 14.25: cull and common. $lO9/ 12,50: medium to choice. 92-100 lbs. down. $12.25 9/14.75: ewes, medium to choice 150 lbs. down, $5,759/7.50; cull a.r.d common $2.50 "// 5.75. Hu l.iih'l l<n sg CINCINNATI. May 13. -Hogs Receipts. 3.100; holdo-ers. 458: market. 109/25c up: 250-350 lbs.. *10.85-// 11.60; 200-250 lbs.. $11,409/ 11.60: 160-200 lbs.. .sll9/ 11.60: 130160 lbs., sll9/11.40; 90-130 lbs.. $99/ 11.25: packing sows. $8.7597 9.50. Cattle—Receipts. I. Calves—eceipts. 375: market veals. 30c lower: beef steers. $12.50© 14.25. light yearling steers and heifers. $124714.65: beef cows. $94/ 10.50; low cutter and cutter cows. $5,509/8: vealers, $lO9/14.50; heavy calves. sll9/13.50; bulk stock and feeder Stockers. $109.'12. Sheep Receipts. 275; market, shorn lambs and sheep. 50c to $1 lower: top fat lambs. sl3: bulk fat lambs. $79/10: bulk fat ewes, $24/ 6.50; bulk spring lambs, sl6© 18; bulk cull spring lambs. $124; 15. Bit l nih il Pi t ss PITTSBURGH. May 13.—Hogs— Receipts, 3.500: market. 109; 15c up; 250-350 Ins.. $11.3597 11.65: 200-250 lbs., $11,659/ 11.90; 160-200 lbs.. $11,759/ 11.90; 130-160 lbs.. *11.259/ 11.90; 90-130 lbs.. $10,759/ 11.50: packing sows. $9.754710.25. Cattle—Receipts. 700: market, steady to strong: calves, receipts. 1.200: market, steady: beef steers. $129/14.50; light yearling steers and heifers. sll4/14: beef cows. SB4/ 10.50; low cutter and cutter cows. $69/ 7.75: vealers. $12,509/ 15.50; heavy calves. $lO9/ 14.50. Sheen—Receipts. 3.500: market, mostly steady: top fat lambs. $14.75: bulk fat lambs. $139/ 14.50: bulk cull lambs. SB4/11: bulk fat ewes, $79/8.50; bulk spring lambs, $164/13. flu I nihil Pm gg CLEVELAND. May 13-Hogs—Receipts. 3.200; market, steadv to 25c up; 250-350 lbs.. $11,159/11.65: 200-250 lbs, $11,359; 11. 160-200 lbs, $11,509/11.75: 130-160 lbs, $11.25-/11.75: 90-130 lbs, sll4/11.2* packing sows, $9,754; 10.25. Cattle—Receipts. SCO: market, steady to higher: calves, receipts. 1,100: ma'rket, vealers weak: top. *16.50: beef steers. $13,254; 14.10; beef cows. $9,504; 10.50: low cutter and cutter cow,s. $6,754/8: vealers. 513.50 4; 16. Sheep—Receipts. 2.400: market, lambs steadv: sheep, weak: top fat lambs. sls: bulk fat lambs. $14.5047 15: bulk cull lambs. $11,604/12; bulk fat ewes, $6,504/7. Bn l nit' and Pn .* FT WAYNE May 13.—Cattle-Receipts. 75: hogs, receipts 300: calves, receipts 50: sheep, receipts 50: market 15-35 r up: 80110 lbs, S18: 110-140 lbs, $10.25: 140-160 lbs, $11: 160-180 lbs, $11.20: 80-200 lbs, $11.30: 200-250 lbs, $11.20: 250-300 lbs, $11: 300-350 lbs, $7.85; roughs. $9.50: stags. $7; calves. sls: lambs, sl3. B>/ I'nitrd Pr< gg TOLEDO. May 13.—Hogs—Receipts. 850: market 15 "20c higher: heavies. sllO 11.25: mediums. $11,409/11.60: Yorkers. $10.75© 11.50: good pigs. $10.7547:11. Cattle—Receipts. 20: arket steady. Calves Receipts light: market slow and steadv. Sheen and lambs—Receipts, light; market, slow. Hu I in, u Pri gg EAST BUFFALO. May 13.—Hogs Receipts. 8:300: holdovers. 300: market 15c up: 250-350. $11.259711.75: 200-250 lbs. $11.60 )12: 160-200 lbs, $11.75© 12: 130-160 lbs, sll 50© 12; 90-130 lbs, $11.40” 11.90; packing sows. $lO a 10.40. Cattle—Receipts. 1.875: market 25c lower: calves, receipts. 1,500: market steadv: beef steers. $12.50*7 14: light yearling steers and heifers. 513.25 4/14.50: beef cows, $9,254/10.25; low cutter and cutter cows. $5,759/ 8: vealers. $15.50 ©'l6. Sheep—Receipts. 4.200: market steady: bulk fat lambs. $14.50"" 15: bulk cull lambs. $9 a 12: bulk fat ewes, s7© 7.75. Fj/ Timtg Special LOUISVILLE. May 13.—Hogs—Receipts. 1.400: market. 15c higher, mediums and lights. 130-300 lbs, $10.35© 11,20: extreme heavies. 300 lbs. up, SIO.Q: pigs. 130 lbs. down. $7,109/8.35: stags and throwouts. $8 254/8 85. Cattle—Receipts. 600: market, steady: 25';50c higher: prime heavy steers. $124/13.50: heavy shipping steers, f'.l ,j 12medium and plain steers. .*9.50971,. fat heifers $9:13.50; good to choice cows. $9,504/10.50; medium to good cows. $7 ■ 9.5( cutters. $6,509/7: canners. $5.50© 6 50" bulls, $7,504/10: feeders, $9,504/ 12: stockers. $8.50© 12. Calves—Receipts, 900: market, steady, fancy calves. sl3: good to choice. $10,504/ 12 50: medium to good. $7 504, 9 50: outs. $7.50 down. Sheep—Receipts. 100; market, steady: springers. *l6 '717; fed lambs. sl3 down Sheep—ss.so'" 6.50. Saturday's shipments—Cattle, 47; calves, 400; hogs, 293; sheep, 384
. THE INDIANAPOLIS TIMES .
Indianapolis Stocks
—May 13Bid. Ask. American Central L Ins C0....800 Beit R R At Yds Cos com .... 65 69 Belt R R & Yds Cos pfd. 57 62 Central Ind Power Cos pfd 93 . 97% Circle Theater 107% ... Cities Serv Cos com 28% ... Cities Serv Cos pfd 96% Cities Gas Cos com 28 36 % Citizens Gas Cos pfd 95% ... Commonwealth L Cos pfd ...100% ... Equitable Sec Cos com ••• Hook Drug Cos com 43% ... HorufT Shoe Corp com 15", ... Ind Hotel Cos Clavpool c0m...125 ~. Ind Hotel Cos pfd 101% ... Ir.d Serv Corp pfd 90 91 Indpls Gas Cos com 58 62 Tndpls A Northwtn Tr Cos pfd 6 Indpls P A L pfd 102 104 Indpls Pu Wei L Assn com... 50 Indpls St R R Cos pfd 28 31 Indpls Wa Cos pfd 99 Inter Pub Ser pr !i pfd 104 107'. Interstate Pib Serv Cos pfd... 92 96 Merchants Pub Util Cos pfd... 101 Metro Loan Cos 100 Northern Ind Pub S C pfd 7s. 108 Northern Ind Pub S C pfd 6s. 98% 102% Prog Laundry Cos com ........ 47 51 E Raub A Sons Fert Cos pfd.. 50 Real Silk Hosiery Cos pfd ... 98 Standard Oil Cos of Ir.d 58% ... T H Indpls A E Tr Cos pfd 5 T H Trac A L Cos pid 93 ... Union Trac Cos com % Union Trac Cos Ist pfd 1, Union Trac Cos 2nd pfd % Union Title Cos com 45 V Camp Prod Cos Ist pfd .... 96% 100 V Camp Prod Cos pfd 92 Bonds— Bid Ask. Belt RASA' Cos 4s 85 Broad Ripple Trac Cos 5s 60 Cent Ind Gas Cos 5s 95 98% Central Ind Power Cos 6s .... 98 Chi S B A N Ind Rv Ist 5s Citizens Gas Cos 5s 100 lot Citizens Street Railroad 55... 77 8? Garv Street Rv Ist 5s 83 87% Home T A lof Ft Wayne 65.. 101% ... Indiana Hotel, Cos 5s 100 Ind Northern Trac Cos 55...... .. 5 Ind Railway A Light Cos 55.. 95 Indiana Service Corp 5s 88 Indpls Power and Light Cos. 93 Indiana Union Trac Cos 5s .. 2 Indpls Col A Trac as 98 100 Indianapolis Gas Cos 5s 98' Indpls A Martinsville T Cos 5s 15 Indpls No Trac Cos 5s 7 10 Tndpls A N W Trac Cos 55..... 15 Indpls Street Ry 4s 57 6! Indpls Trac A Terminal Cos 5s 93 9!>% Indpls U Ry 5s J 1965 A 8...101 Indpls Water Cos 6s. 1953....101 1°2% Indpls Water Cos 5%5. 1954..101 102% Indpls Water Cos lien A' ref 5s 95 tndpls Water Cos 4%s 93 Indpls Water Works Sec Cos 86 Interstate Serv Cos 4%s 90 ... Interstate r iblie Service Cos 5s 96% ... Interstate Pub Ser - Cos B 6%5.105 ... No Ind Pub Service Cos 55.... 97% ... No Ind Telepli Cos 6s. 1931... 98 99% T H A F Trac Cos 5s T H Trac and Light Cos 55... 91% ... Union Trac of Ind Cos 6s 8% 11% —Government Bonds— TJboriv loan 3%s 98.08 ‘98.28 Liberty Loan 4%s 99.60 99.80 Libert-. Loan 4s 99.69 99.8° U S freasiir t'.s 103.82 100.0? U S Treasury is 104.76 104.96 t S Treasury 3%s 101.76 101.96 JJ 8 Treasury 3%5. 1943 ... 97.82 98.02
The City in Brief
TUESDAY EVENTS Midwest Buildinp and Allied Arts I Congress and Exposition, all day, state ■ fairground. Alliance Franeaise, dinner, Spink- j Arms 7:30 p. m. Indianapolis Architectural Club, luncheon. I.>l East Market street. Zonta club, dinner, Columbia club. 6:30 p. m. , Rotarv club. luncheon. Claypool. Mercator club, luncheon, Columbia cl u b. Purchasing: Agents* Association, luncheon. Severin. American Chemical Society, luncheon, Chamber of Commerce. Universal club, luncheon, Columbia club. Phi Gamma Delta, luncheon. Chamber of ( ommerce. University of Michigan alumni, luncheon. lincoln. North Side Exchange club, luncheon, ,7810 College avenue. For a dissertation on the constitution and the American flag. Egan Lacy has been chosen Catliedral high school's representative in the national Flag day contest sponsored by Hearst newspapers. Second place at Cathedral was won by John Reck and third by Albert Diener. Police today were asked to locate Mrs. Emily Murdock. 21, of Noblesville. Ind.. who left her home a week ago and came to Indianapolis in search of work. The woman is reported to have left two small chil- j dren at her home. Miss Agnes Cruse, secretary of the Indianapolis chapter of the Red Cross, is accepting registrations for the first aid and life saving institute of the American National Red Cross to be held at Lake Lawn, Lake Delavan, Wis., June 13 to 22. / Joe M. Taylor was named chairman of the annual picnic committee at a meeting Sunday of the OldTime Printers at Typographical Terrace. Members of the organization voted down a proposed change in the constitution which would make meeting dates quarterly instead of semi-annually. Joseph Walker, 55. of 332 Trowbridge street, an employe at Christian park, suffered a fatal attack of heart, disease late Saturday while he was cutting grass at the park. Mr. Walker toppled over the lawnmower he was operating. Burlingame (Cal..) police have asked the co-operation of Indianapolis police in locating Warren William Hockaday. about 40, whose wife died April 28 at Burlingame, leaving four minor children who need th e ir father's help. Tony Poporad. owner of an independent bus line to Ben Davis, today petitioned the public service commission for permission to extend the line to Plainfield. Miss Carrie E. Scott, head of the children's department at the Indianapolis public library, will preside over sessions of the children's li- j brarians’ section at the fifty-first j annual meeting of the American Li- j brary Association this week in j Washington, D. C.
On Commission Row
Fruit* Apples—Box Delicious. $3.5004; box Stavman, $2.56fi>2.75: box Rome Beauties. $2,750 3: bushel Jonathans. $2.2545 2.75; Rome Beauties. $5.50®6.50 a bbl. Greenings. $697,6.50 bbl.; Rome Beauties. [email protected] Grapefruit—Florida. s3@4; Texas. $4.50. Lemons—California, a crate. $4.50275 7b Limes—Jamaica 100 by count. $3 Oranges—California navel, a crate s4@ 7.50: Florida. $3,509X4. Strawberries—Alabama. 24-plnt crate. [email protected]. Vegetables Artlchockes—s2.so a dozen. Beans—Southern stringless. $3.00 a hamper. Carrots—Texas. $3973.50 5-doz. crate. Cauliflower—California. $2.75. - Eggplant—Sl.so4l3 a dozen. Parsley—Home grown, dozen bunches rue. Parsnips—sl.2s a bushel. Peas—Arizona. $5.50 a 45-lb. box. Peppers—Florida, a crate. $5,8,6. Radishes—Button hothouse doz. bunches 75c. Spinach—Texas. $1.25 a bushel. Turnips—[email protected] a bushel. Tomatoes—Repacked, 6-basket crate, $709. Cabbage—Texas, new cabbage. 3 lac. Kale—Spring, a bushel. $1.25. Celerv—Florida. $303.50. Lettuce—California head crate. *4.5(U55; home-grown leaf, a bushel. 6d0.0c. Onions—Yellow, a 100-lb. bag. $4.75: red, $5 a bae; Spanish, a crate. $3.23: western $5.75. new Texas a crate $4.50. Shallots—3so4oc a bunch. Potatoes—Michigan round whites. 150 lbs., $1.75; Ohio. $1.7501.85: Idaho. $2.5003 a bag: new Texas triumphs, a 100ib baa $6.50. Rhubarb—6o®7sc a 6-lb. bunch. Coconuts—ss.so a bag of 100. Sweet Potatoes—lndiana Jersey. *3.75 a bushel; No 3. $1.50 * bushel: Nancv Hall Beans—Southern stringless. *3.7504 a hairuw ,
WHEAT FUTURES RAISE SHARPLY IN PIT OPENING Advance Due to Unexpected Strength at Liverpool. By United Press CHTCAGO, May 13.—Wheat futures responded to the unexpected strength at Liverpool today and advanced sharply in opening trade here. Firmness at Winnipeg and an improved demand due to lower prices reversed the trend abroad. Corn advanced along with wheat, but oats were unevenly steady. At the opening wheat was % cent to 1% cents higher, corn was up •% cent to 1 cent and oats were% cent lower to ’s cent higher. Provisions were unchanged to a shade higher. While there has been no change m the supply and demand situation many traders believe wheat, has declined enough for the present and is in position to respond to any bullish developments. Heavy rains were rather general over the belt during the week-end and weather appeared more settled today. There is a feeling among professional operators that corn is too high in comparison with wheat, which created the disposition to sell on all'bulges, in spite of the heavy shipments, delayed plantings and expected reduction in visible supplies. Liquidation of May oats put considerable weight on futures in l'ecent sessions, but weather news has been most favorable to holders and keep a good support in evidence for the new crop months. Chicago Grain Tabic May 13 WHEAT— , Prev. OnrnV High. Low. Close. •**■ '* - Mav.. 1.04 1.0.4 1.03% 1.04 1-03% .iiih . 1.03 1.09% 1.07% 1.08% 1.0,% gent.. 1.12% 1.13% 1.11% 1.12% 1.11% Dec... 1.17% 1.17% 1.16% 1.17% 1.16% CORN - Mav . .84% .85 .83% .84% .83% July.. .88% .83% .87% .87% .87% Sept.. .90% .90% .89% .89'' .89% Dec... .84% .84% .84 .84% .83% OATSMav.. .45 ’-I .45% .44". .44% .45% July-. .43% .44% .43% .43% .43% Sept.. .42% .42% .42% .42% .42% Dec... .44% .45 .44% .45 .44% RYE— Mav . 88% .88% 88'. .88% -8. ’, July. . .39% .89’. .88', .89 .88%. Sept.. .92 .92% .91% .91% .91% Man 11.60 11.60 11.60 11.62 11.60 July. 11.87 11.90 11.87 11.90 11.85 Sept.. 12.25 nominal 12.25 12.20 nominal 12.50 12.50 Jul ; ‘.. 12.95 nominal 12.95 12.85 Sept.. 13.25 nominal 13.25 13.2a BELLIES— , „„ May. 12.77 nominal 12. <i 12. ii Julv. 13.25 nominal 13.25 13.25 Sept. 13.85 13.87 13.85 13.87 13.82 B,i t Times Slice to l CHICAGO. May 13. Carlots: Wheat, 7: corn, 31; oats. 86; rye. 7.
THREE CAR RING MEN TO APPEAL Leo Baldwin Accepts Two* Year Federal Prison Term, Motions for new trials preparatory to filing appeals will be presented May 24 by attorneys for three defendants convicted Saturday of motor theft conspiracy by a federal court jury, it was indicated today. After three days of evidence and arguments, the jury convicted all four defendants: Joseph M. Huffington, former Indiana Ku-Klux Klan head agent; Louis A. Wilkerson, Vincennes: Sheldon B. Beanblossom. former Evansville klan secretary, and Leo Baldwin, Albany, N. Y„ alleged “brains” of the motor theft ring, Baldwin asked to be sentenced at once and was ordered by Federal Judge Thomas W. Slick, South Bend, to serve two years at Leavenworth penitentiary. The other three defendants were given until May 24 to prepare motions before being sentenced. Maximum penalty for the offense of which they were convicted is two years in prison and a fine of .SIO,OOO. The government produced more than eighty witnesses during the trail in its effort to prove that Baldwin was responsible for theft of a large number of expensive cars in other cities and their sale in Indianapolis; that Wilkerson purchased a stolen car knowing it was stolen; that Huffington drove a stolen car owned by his brother, Roy M. Kuffington. fugitive, knowing it vas stolen, and that Beanblossom permitted the two Huffingtons to reg ister a stolen car in his name, knowing it was stolen. AGED PENSION URGED De Luse Addresses District Session at Connersville. Bn Times special CONNERSVILLE, Ind, May 13. Members of the Fraternal Order of Eagles from Brookville, Rushville and Greensburg attended a district meeting here Sunday at which the principal speaker was Otto P. De Luse. Indianapolis, former national president of the order and chairman of its Indiana old age pension commission. Pensioning of the aged has become an issue of national caliber. DeLuse declared, referring to results of a recent survey by the National Economic League, in which representative men of the nation were asked to express themselves on what they believe to be paramount problems of the United States. This survey. De Luse pointed out, shows that 118 men consider old age pensions an issue of more importance than trusts and monopolies. regulation and control of industry railways, the Monroe doctrine and Interstate commerce. The race problem had only one more supporter than pensioning of the aged; installment buying two more; merchant marine five more, and foreign trade and investments, eight xoor*
Biplane Lands Here Eddie Blish. flying an Eaglerock biplane, landed at Hoosier airport Saturday night from, Seymour. Marion Flier Here Harold Barnes of the Marion airport. landed at Hoosier airport Saturday in a Waco biplane with one passenger, later returning to Marion. Killed in Nose Dive Bn t'nit eel Press EUREKA. Kan., May 13.—Kenneth Graham. 20. was killed and a companion. Dick Dobbs, a student flier, suffered minor injuries, when an airplane piloted by Graham crashed here Sunday night. Graham was an experienced pilot. The plane went into a nose dive when about 500 feet in the air. Many See Air Grocery Large crowds of persons lined up Sunday at Capitol airport for an opportunity to see the Independence, huge Ford tri-motored monoplane equipped as a flying grocery by the Reid Murdoch Company of Chicago. The plane landed at Capitol airport at 10 a. m. Saturday, coming here from Ft. Wayne. It will leave Tuesday for Danville. 111. German Ace Killed Bn t inted Press TR.ONA. Cal.. May 13.—An attempted landing against a. stiff head wind was blamed today for the airplane crash near here in which Bernard Lauscher. German war ace. was injured fatally and his two passengers badly injured. Lauscher died less than an hour after the crack-up. The passengers. F. I. Glatte and James Bell of Long Beach, are in a Randsburg hospital. Infantry Goes to Ohio The Eleventh infantry will leave Ft. Benjamin Harrison Saturday bymotor trucks for Springfield, 0.. to participate in the army air-ground maneuvers, which will include air battles over Indianapolis and other Indiana and Ohio cities. After the end of the week of air maneuvers, the regiment will be returned as far as Richmond by trucks, and from there will march to Ft, Harrison by stages. Overnight stops will be at Hagerstown, Newcarjii'. Shirley and Greenfield. Lake Air Route to Open Bn t inted Press CLEVELAND. 0.. May 13.—Marking the twenty-first anniversary of the first airplane passenger flight, the Thompson Aeronautical Corporation Tuesday will open anew air travel across Lake Erie between Detroit and Cleveland. The new Cleveland-Detroit route will be inaugurated with Miss Amelia Earhart. trans-Atlantic flier, and Captain Frank Courtney, noted British avaitor. at the controls. Miss Earhart will fly from Cleveland to Detroit, while Captain Courntey will open the route from the opposite end. Army Flier Dies Bn United Press LITTLE ROCK. Ark., May 13. Sergeant Homer Johnson was killed Sunday when an army pursuit plane crashed as it took off with other airplanes in the third attack squadron. of the United States army air corps. The plane had landed en route from Galveston to the army maneuvers at Columbus. O. The plane in which Johnson was riding, piloted by Lieutenant C. K. Rcath. swerved to avoid crashing into another plane and went out, of control. Roath was injured seriously, but is expected to recover. Navy to Train Fliers By United Press WASHINGTON. May 13. The United States navy is planning to give all its future officers a sufficient knowledge of aeronautics to enable them to co-operate effectively with the naval air forces. With this in view, it has ordered four new Sikorsky amphibian planes for use at the United States naval academy, Annapolis. Md. Contrasted with the obsolescent planes now used, the new Sikorskys are of the latest type. Each is powered by two 450-horse power Pratt and Whitney "Wasp" motors, can carry ten passengers, and has a claim sufficiently sound-proof to enable an instructor to teach a class in the air.
Baby Blimp to Be Here Indianapolis citizens will have opportunity to inspect a “baby blimp” during the Indianapolis air show. May 27 to June 2, it was announced today. The Goodyear Company, Akron, has promised to send one of its blimps here for the show and the big airship will be moored to a mast at thfe fairgrounds, according to information received by Lee H. Hottel. in charge of arrangements for the show. Another announcement in regard to the show is that C. A. (Casey) Jones, one of the country’s most famous aviators, and vice-president of Curtiss Flying Service, has accepted invitation of the Young Men | of Indianapolis, extended by James A. Perry, to attend the show. T. A. T. to Make Test Runs Transcontinental Air Transport, | Inc., 48-hour, coast-to-ccast airI rail passenger line, plans to start j operating its planes empty within | the next three weeks, it was learned following a visit of officials at T. A. i T. at the Mars Hill airport Sunday. The officials arrived at 11:30 a. m. Sunday in a tri-motored Ford monoplane, from Columbus. After an auto tour of the city, they departed for St. Louis at 3 p. m. They ; will continue to the coast. It was learned that T. A. T. plans j to start operating its planes in three j weeks, operating them without pasI sengers for three weeks to iron out all difficulties before passengers are carried. Tentative plans call for formal opening of the route probably July 1. Officials on the plane Sunday included John A. Coiling eastern di-
vision superintendent; Thomas B. Eastland and Walter S. Marvin, San Francisco, directors; J. V. Magee, vice-president; Pat Murphy, assistant to the traffic manager; two women. Phot H. H. Gallup, and C. M. Bradley. Air Expansion Planned Plans for establishing two round trips daily on its Cincinnati-Indian-apolis-Chicago route, with possibly a third round trip for passengers only, are being worked out by the Embry-Riddle Aviation Corporation. Cincinnati, it was learned today. The additional round trip with the mail plane each day will be made possible when lighting of the Cincinnati-Chicago airway is completed. permitting night, flying. At present all lights between Chicago and Indianapolis have been turned on and those between Indianapolis and Cincinnati should be lighted within the next ten days. Lighting of emergency landing fields between here and Cincinnati also has been started. Representatives of the EmbryRiddle company are in Washington, D. C.. conferring with post office department. officials on proposed flying schedules, so the new local schedules may conform with those of the east and west transcontinental routes. / Two round trips daily on the transcontinental routes were inaugurated May 1. In the Air Weather conditions at 9:30 a. m. at Indianapolis airport : East wind 24 miles an hour; temperature, 52; barometric pressure, 30.24 at. sea level; ceiling solid overcast at 300 feet, raining; visibility, one mile; field, soft. PLANE CRASHES TARE LIFE TOLL Aviators Die When Machines Go Into Dives, , Bn United Press LONG BEACH. Cal.. May 13. The motor of an airplane failed here, causing the plane to crash from an altitude of 300 feet and resulting in the death of Raymond and Gordon Kettenhoffen, brothers. Gordon was piloting the ship at the time. STATE COPS TO AIO Railway Detective Promised Help by Fifield. Co-operation of the Indiana bureau of criminal identification and investigation in cleaning up railroad holdups, breaking open of baggage cars and other criminal activities on railroads was promised by Otto G. Fifield. secretary of state at the spring luncheon of the Protective section of the American Railway Association today noon at the Severin. Short talks were also made by Ollie Wright and Albert Schofield, fingerprint expert of the bureau. The morning session of the section which includes Indiana and Illinois was devoted to a discussion of false claims. Thirty-eight members of the section were present. T. Johnson, chairman, presided. The other officers present were: J. H. Fry, vice-chairman, and H. H. Jerowitz, secretary, al of Chicago.
EAGLE LECTURER ILL ‘Father of Mother's Day' Cancels Talks. By Times Spu ini SOUTH BEND, Ind., May 13. Illness prevented Frank E. Hering, former national president of the fraternal order of Eagles and known as “The Father of Mother's Day” from taking part in any observances Sunday. He had been invited by the War Mothers of America to speak at the Unknown Soldiers tomb in Washington. one among twenty invitations lor speeches, which included that of Mrs. Margaret McCleur, past president of the War Mothers, to address the western Missouri and eastern Kansas divisions of the organization at Kansas City. Hotel Students Demonstrate h RICHMOND, Ind.. May 13—Jerry C. O'Rourk, son of M. W. O Rourk Sr., manager of the RichmondLeland hotel here, was bus boy in a unique demonstration given by the college of hotel management, Cornell university. Ithaca, N. Y. He is a student in the college. The demonstration. called the Hotel Ezra, hotel-for-a-day, was given in the $1,500,000 Willard Straight hall, one of the university's new buildings. European Beauties Sail for U. S. LE HAVRE, France. May 13. Seven European beauty queens who have been selected to participate in the international contest at Galveston, sailed for New York in the liner Rochambeau today.
Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Curb Association 300 Fletcher American Bank Bldg. Telephone Lincoln 5501
HAY 13, 1929
Aviation 200 AIRPLANES WING WAY TO BATTLE SCENE 800.000 Mythical Soldiers Will Be Used in Great I Army Maneuvers. BY HARRY WILSON SHARTI United Pre*s Staff Correspondent COLUMBUS, 0.. May 13.—While I 200 airplanes winged their way to- ; ward Columbus and Dayton. 800.Oon i mythical soldiers were being "conI centrated” on the banks of the Big ! Darby, west of here, today, for the j army air-ground maneuvers, beginning Thursday. The soldiers, the armies of the “reds'’ and the "blues." actually represented by panels which will be moved about, on military maps—will “battle’’ for the control of Columbus, the hypothetical capital of a hypothetical nation, next, week. The planes, including bombers, pursuit and observation craft, will I be divided, 100 going to the “blue” | army, which will attack Columbus, and the remainder to the “reds,” who will seek to repel the invaders. Concentrate Near Dayton The “blue.'’ army’s fighting ships will concentrate at Fairfield, near Dayton, while the “red" planes will use Norton field here as their base. War on the nation dominated by the "reds” will be declared when the 200 ships, fully commissioned, soar into the air and battle for supremacy. Movement of the SOO.ono land forces will hinge on the. outcome of the battle. If the red planes arc shot down, the red army bivouacked on the east bank of the Big Darbv, will retreat, to Columbus, on the theory that the victorious blue planes have shattered the red line j and prepared the way for an advance. Concentration of the two “hostile” armies will bo completed Tuesday in preparation for the formal declaration of war at midnight Wednesday. Cincinnati to Be Attacked Between Wednesday night and Thursday, the opposing planes will feel out the enemy, seeking information as to front lines, ammunition depots, communications and supplies. First phase of the maneuvers will end with an attack on Cincinnati, including a battle in which most of the 200 planes will participate. The ground spectacle will be play for every one except the air men and land officers and men participating in the maneuvers. To the latter an actual state of war will i exist. Problems must be solved, armies must be moved about on the checkerboard maps, and plans for combat. I and retreat must be drawn. Radio ! communication between the ground. : and the planes must be used extensively for the first time in the maneuvers. GAS BOARD TO MEET : Trustees lo Gather Tuesday and Organize. Members of the city utility board will meet, Tuesday to receive their commisisons and organize. A date to elect the seven directors who will operate the iCtizens Gas Company when it is turned I over to the city will be selected. The | statute provides that, the board choose directors within thirty days. | Mayor L. Ert Slack will explain the i statute under which the city intends to operate the utility. AUXILIARY INITIATES 60 Delegates From Three Cities Attend D. of 1. Session. With delegations present from Terre Haute, Brookvillc and Richmond, sixty candidates wore received into the Daughters of Isabella. auxiliary to the Knights of Columbus, at initiation cerefrionies at the Clay pool. Sunday afternoon. The D. of I. glee club, a quartet and solos by Miss Ella Laurie and the Rev. Francis Mellon provided the entertainment. V. F. W. TO FETE CHIEF National Commander Will Br Guest al Banquet Here Tonight. Eugene P. Carver.. Jr., of Botson. commander-in-chief of the Veterans of Foreign Wars, will be the guest of honor at a dinner to be given by Indiana members of the organization at the Calvpool at 7 45 this evening. Bandit Couples Get $358 By I nit"l Press VINCENNES. Ind., May 13.—Four bandits, two men and two women, held up a filling station here today and escaped with $350. Franklin Dodds, attendant, was bound and gagged, after he had opened a safe to change a S2O bill. The car in which the four escaped bore a New York license. Steamer Runs Aground By t nitrd Press NEW YORK May 13.—The British steamer Gypsum Prince ran aground near the quarantine dock while entering the harbor at 1:15 p.
