Indianapolis Times, Volume 44, Number 6, Indianapolis, Marion County, 18 May 1932 — Page 13

MAY 18, 1932

'WP* ... 7 . ,

Qualifying dates for the indianapolts public link* golf thamptonship. which also will determine the six-man team to repre*en; the city in the national public links championship at Louisville in July, were announced today. Knr.eth Louck*. eeretary of the Indl- • nr>*;i4 Pnblir Link* Association which Tweed* v nltht said first play In the flftv-fo'ir-Ml* qualifying action will be h<-id Sunday. June 19. at South Orove. The aermd round of eighteen hole* will be plaied at Pleasant Run Saturday. June JS. and the final eighteen holea at Riverside on Sunday June 26 Any olarer who desire* to enter muat hive hi* entry blank In Loucks hand* at South Orove before June 5 That la the deadline set by the United States Golf Association. Entry fee has been reduced this year to • i SO and the park board ha* waited the green fee* for all player* engaging in the championship The fund will defray *x*>cn*et of the Indianapolis team at Louisville. The players with the sixteen low scores In the Qualifying play will be paired for a match Dlav bracket to fight It out for the Indianapolis public link* chßmpion*h;p Firs* round matches will be played at Sarah Shank Sites for the quarter Anal*, semi-final* and final* will be determined bv lot . , Pairings for the fiftv-four-hole plav will he announced between June 5 and la There will be manv price* for low gross shooters, who do not make the team ana low net scores Harry Schomsteln of Pleasant Run Is chairman of the prize committee and will be assisted by Jack Crawford of South Orove. John McGuire got Riverside and Bill Simon of Saran ** The Indianspoli* Public Link* Association will hold a free smoker for ail plavers who p:v on public course* In the mens club rooms on the third floor or tne F’.elchcr Trust building. Friday night Ma- 2~ Ail detail' of the tournament* will far announced and explained there. a a a \ VALON women golfers decided jfY Tuesday who will wear the gold, silver and challenge medals this season, at least for the first week. They played the final eighteen holes of a thirty-six-hole (gross score tournament and distributed the medals to the winners, Who must accept challenges within (i week or forfeit the medal. Mrs. Pearl Rauch and Mr* Rov Van (dorn wort the gold medals. Mrs. Raucg * Ine seven- strokes better than Mra. Van lorn who had 214 Mrs E W Lee was onlv two stroke* befiind Mrs Van Horn and was well out In gtont of the other three silver medal winner* Mr* Ee 1 Hervev Mrs Robert L. Chat* and Mrs Vance Oatbout. Mrs, Gordon Clovd fell into the bronze ypedal division bv one stroke In favor of Mrs. Oa’houi. so a challenge llkelv will be Ji'.rlert at Mr* Van Horn soon bv Mrs i-ee gnd also at Mr* Oathout bv Mrs Clovd The other bronze medal winners were Mrs. A B Moore. Mr*. N H. Cartmhour. ftrn H L Weller and Mrs Ben St one Mrs Vane" Oathout. chairman of the Bremen's rolf eommlttee at Avalon, said kwentv-l hree women took part In the nlav lor th* medals and bad weather made high rores a week ago but those turned in uesdav showed marked improvement. a u a Young Dirk McCreary, who play* Avalon frcnlarlv and attend* Shortridce hich prhnol has bis ••glimmers" on the rhatn-gsionshi-s of Ihe seventh snmial Indianytpoll* Times’ sehoolhey lournamenl at Riverside June 8. 8. 10 and 11. T>lrk went • round the Avalon course In '3 Ibis week •nd Roy Smllh sav* he still has some •hots that need mnrh urartlee and !mBiovement. a a a Dick was absent from the Shortridce lineup Tuesday when the Blue Devils lied Anderson high school golfers at South Grove. 7% to 7%. • Coaeh George Navlor used Ftrk. who turned in a gross score of 75 to defeat Rue of Anderson. 3-0 McNabv of Anderson evened it up with a 3-0 win over Demusev of Shortrldge David of Shortrider out hi* team In the lead for a •hort time with a 2% to % win over Langford, but Rvnerson of Anderson cam* In wth a win bv the same count over Yelrh tying the match 6-6 Barney Hollctt had a chance with Smith, but waa unable In shake Ihe Anderson plover and they halved their match 1% to I'*. a a a Waller Chapman, winner *f the sixth annual Times sehnolbov title last rear and rlicible to rnmpete again this year, likeAv.ve was absent from the Techniral team • t Nobleayfllle. but Coach Tim Campbell had power enough to win from thr Miller*. Jfi to 2. Petrie. Gentry. Brown and Carr all turned In 3-0 win* for Tech over Warren. Cravcraft. Dashiel and Nichols of X. hlesvitllr. Gronauer and Munro of Teeh turned in 2-1 wins over Rogers and Re•enrr of Noblesvllle. a a a MOST of the local high school boys are putting in their spare moments this week playing South Grove course, which will be the scene of the first annual Indiana High School Athletic Association state tournament next Saturday. Several out of town players were ton the course last week-end and Tim Campbell. Technical coach who will manage the tournament, said today he expects forty teams and many low scores in the play Saturday. a a a Tim doe* not plan fa interrupt the regular play at the rnurse one bit If he ran hrlp it. The meet is scheduled to get underway at 10 a. m.. but Campbell said Seam* who are on hand earlier will be went on their way. He plan* to hare all 4he field on the links before thr regular Saturday rustomers begin arriving at noon. a a a The Universal club members hf/'i their flrt monthly handicap tournament of the nes-ion a’ Indiana Lake Country Club this afternoon. Burnett Strohm chairman of the athletic committee, said twenty-one entries were received in advance Four more monthly event* have been Parded a* follows: Highland Country Club. June 16; Speedway. Julv 13. Avalon. Aug 17. and Marttnavil'e Country - Club. fiept. 14.

Old-Timers to Gather at Stadium on May 25: Mordecai Brown on List

Plans are moving rapidly for the templet ion of the program for the Celebration of “Old Timers' day" at Pvrry stadium on Wednesday, May ph. when the Indians open a series with the Toledo Hens. The Chamber of Commerce athletic committee ts supporting the "old timer" event, and efforts are under way to get In touch with numerous former Indians and other famous players of the old days. A group of the veterans will plar a short game with a combination of local amateurs preredinc the r.gular A. A. contest between Indians '.nd Hens. Mordecai iV hree-Fingrred* Brown has promised to throw a few that dav and hla appearance in the box for the Old Timer* H expected to be a big feature. Amons other former prominent plavers listed 10 be present are Charles Carr. Indianapolis, former Indian niaver and manager: John Fishar. Noblesvile: Willie McGill. Butler baseball coach; Rab Hare. Indianapolis; Walter Oueisser. Indianapolis: Tom 'Red' jeisher. Anderson, and N. T. < Nick i Ivory. SloKesville I orr caught for Indianapolis In 1(90 Jrhe • hall plavers were tools and heroes. Ha will be present next Wednesday to foot for the veterans H E. Snoke. secretary of the Chambeof Commerce athletic committae. ts eager to hear from still more vet-rans and former Indianapolis plavers Fans who know the addresses of former Indians or but leaguers who reside here or nearby •re reouested to act in touch with Snoke. BUTLER NINE WINNER TRkmg a three-run lead In the flat inning. Butler diamond pastimers turned in their second win oi the season over N. A. G. U. Tuesday. sto 3. Hut sell. Bulldog slab •ce. kept seven hits well scattered *nd turned in seven strikeouts. Chuck Seal, Butler shortstop, was the batting and ffleding star of the fame NEW TORK COFFEE RANGE -May 17 High. Low. Close. M*rch 851 July * 71 * 70 8 73 Remember 8.88 0 *0 *63 pfceawt 8.50 l.tf tt

STOCK SHARES I HOLD FIRM IN LIGHT SESSION Steel, A. T. & T. Rally to Show Gains Around Noon.

Average Stock Prices

Average of thirty industrial* for Tuesday Mu 4. up . Average of twenty rails 19 05. off 30. Average of twenty utllttiea 22.71. off .21. Average of forty bonds 71.62. off .21. BY EI.MER C. WALZER United Press Financial Editor NEW YORK. May 18—With trading around the lightest levels of the depression market, prices today held steady to firm In most sections of the list. Around noon the leading issues registered fractional gains. A few stocks moved down against the general trend, including New York & Harlem, which broke 6% to 83%, anew low for the bear market. Other rails, however, were firm. United States Steel touched 28 in the early trading, but rallied to 28\, where it was up % point. Oil Shares Firm American Telephone anti Telegraph tou-hed 95\ and then rallied to 96%, where it was up %. Utilities generally were dull, with prices steady. Oil shares again were firm, with Standard of New Jersey at 24. up i %, and Standard Oil of Calilomia at 18%. up %. They were helped by a drop of 823.000 barrels in gasoline stocks and a decline from 2.287,400 barrels to 2.251.900 barrels daily in crude oil production in the week ended May 14. A favorable factor was announcement of the federal reserve board that it would continue its open market operations by purchase of government securities, the extent and amount to be determined from time to time as conditions justify. U. S. Bonds Move Up United States government bonds moved up on this news, their strength influencing the remainder of the market which presented a better picture than in recent ses--1 sions. At noon, figures were released on electric output for the week ended May 14. They showed output at 1.436.928,000 kilowatt hours, according to the National Electric Light Association. This compared with 1.429,032,000 in the preceding week, but was down 13.1 per cent from the corresponding week of 1931. Last week's figure was down 12.7 per cent from the 1931 week.

Bank Clearings

Wf— IfiflW STATEMENT —May 18Clearings .82.938.000 00 Debits 5.490.000 00 TREASURY STATEMENT ~My 18Net balance for May 1% $503,236,501.5! Expenditures 22.332.354 69 Custom* recta, month to date 9.228.792.60

New York Curb Market

(By Thomson it McKinnon i - May 18— 11:00 11:00. Am Cvanamid 2% Midwest Util ... % Am Gas A- Elec 25% Ml Prod 2% Asa * Elec 2% Nia Hud Pwr... 4% Can Marc .... % Salt Creek ... 1% Cities Service .. 3% Std ol Ind .... 18% Elec Bond it 8h 11% Un Lt At Pwr. 2% Imp Oil of Can 8 ;Un Fndrs %

Foreign Exchange

(Bv James T. HamtU * Cos.! —Mav 18Open. Sterling. England 3 Franc. France 0394% Lire. Italv 0551% Franc. Belgium .1404 Mark. Germany 3388 Guilder. Holland 58 Peseta. Spain 08 i* Krone. Norway 1885 Krone. Denmark 2005 Yen. Janan 3150

Investment Trust Shares

ißv James T. HamiU Ac Cos t PRICES ARE TO 12 NOON. —May 18Bid. Ask. Am Founder* Oorp com % % Amer and Gen Sec A 1 ... Collateral Trustee Share* A.. 2% 8 Diversified Trustee Shares A. 5 5% Fixed Trust Oil Shares 1% ... Fixed Trust Shares A 5 Fundamental Trust Share* A. 3% 2 s * Fundamental Truat Share* A.. 2% 2% Leaders of Industry A 2% ... Low Priced Shares 1% ... Mas* Inv Tru*t Bharea 11 13 Nation Wide Securities 2% 2% Selected Cumulative Share*.. 4 4% Selected Income Share* 2 2% Shawmut Bank Inv Truat ... 1 2 Trustee Std Oil A 33% Trustee Std Oil B 2% 3 U S Elec Light * Power A.. 12% 14% Universal Trust Share* 1% 1%

New York Bank Stocks

IBy Thomson & McKinnon i -May IT— Bid Ask Bankers 47 >4 4914 Brooklyn Trust 15* 173 Central Hanover 103 10* Chase National 27% 29*4 Chemical 3*% 30% Cltv National 31 33 Corn Exchange 47 50 Commercial 119 133 Continental 11 19 Empire 17% 19% First National 1.000 1.100 j Guaranty 310 319 ! Irving 1* Manhattan Ac Cos. 17 19 Manufacturers 31 31 New York Trust 67 70 , New York Liberty Bonds Liberty 3%s ’47 106.16 | Liberty Ist 4%s ’47 101.10 i Liberty 4th 4%s 3* 102 30 Treasury 4%s ‘93 .................. 104.40 Treasury 4s '54 101.90 Treasury 3s ’55 90.10 Treasury 3%s ’56 99.60 Treasury 3%s ’43 iMarehi.......... 9713 Treasury 3%s '43 (June! 97.19 Births Bovs August and Zora Sememck. 3815 Wes. | Tenth. Otto and Alea Paenai. 446 South East. Aaron and Lvnn Everett. Coleman hospital. Girl* Albert and Hepsev Siee. 238 South Waii cott. Francis and Rose McNamara. Bt. Vincent's hospital. Deaths Lulv Nish. 56 St. Vincent * hospital, acute myocarditis. Leo K Kimr, 40. 5951 College, acute nephritis. Geraldine Mavhurin. 1. city hospital, lobar pneumonia Ears Hinkle. 62. 119 McLean Place, hr- • nostatice pneumonia. Minnie B. Bovd. 54. 3608 Cornell, endocarditis. William K Condon. 31 Veterans hospital. accidental. Btella Kllnkensmith. 47. St. Vincent a hospital, chronic nephritis, j Lora D. List. 59. City hospital, diabetes , mtilttu*. John Edward Rodger*. 63. 1585 North and nee. chronic mvocardltU I* nor a Sommers. 39, cite hospital anemia. John W Pullen 77. city hospital, chronic myocarditis I MW red Vallstedt. 8. JUlev hospital ea- ! teruttc

New York Stocks " fßv Thomson j* McKinnon

May 18fiallroade— Prrr High Low U 00. close Atchison .7 JOS J9'* 38% 29% Atl Coast Use . .. .. IJ*% I*% i Balt * Ohio .. 9 % *s* 8% Che** it 0hi0... Ilia 18% lS’i 15% Chess Corp ... 8 % t 9 Can Pac 10** I®% Chi Ort West Ft Chi N Writ 3 C R I A P J% Del LA w us ns Del A Hudson 53 *ne 3 Brie lit pfd 3% I Great Northern 9% j Illinois Central 7 1 * 9’ Kan City So 5% ! Lou A Nash % I M K A T 2% i Mo Pacific 35* ; Mo Pacific pfd 4‘* N Y Central .... 13% IF* IF. 115* NT NH A H ... 9 9% 8% 9 Nor Pacific 9 8% Norfolk A West 74’* O A W s*. Pere Marq ... ... 4 Pennsylvania .. 12 9’* 10 O’. Reading 17 , Seaboard Air L ‘a 5* !So Pacific 8% 9’* 1 Southern Ry 3% 3'* St Paul 1 St Paul pfd I** ... Union Pacific.... 43% 43'* 42*. 42% Wabash 1 W Maryland 2% Equipment*— Am Car A Fdy.. 5 ; Am Locomotive 5 * , Am Steel Fd ... 4 4% j Am Airbrake Sh 7% ’ Gen Am Tank.. . ... . 13% General Elec .... i3% 13% 13% 13% Gen Rv Signal 12 N Y Airbrake *s* Pullman ... 14V* 14% Westlngh Alrb .. 1054 Westlngh Bice.. 23% 33 % 33S 24% Rubbers— Firestone 12 115 k 13 12 Fisk % ! Goodyear 9 * Lee Rubber 3*4 j U 8 Rubber 2 3 I Molars—- ; Auburn 32*4 9154 32% 32’. Chrysler * 75* * General Motors 10’* 19'* Oraham-Patge 1% Hudson 3% 3% Hupp Mack Nash 10'* lO'j Packard 3 2'-* Reo 4'% 4 4 4 ' Yellow Truck F* Motor Access—i Bendix Aviation. .. ... 6% 6 Borg Warner 4V* Briggs 4*. Budd Wheel 15* ... : Campbell Wy 3 i Eaton 4'i El Auto Lite 11 105* 10% 11% El Storage B % Houda 1% !% Murray Bodv 4 Sparks W 1V 4 Stewart Warner. .. ... ... 2% Timkin Roll 13% Mining— Am Metals 2% 2% Am Smelt 9% 9% 9% 9V* , Anaconda Cop 4% 4% ! Alaska Jun 9% 9% ; Cal A Hecia 2 Cerro de Pasco.. 6 7 4 % 9% 6% Dome Mines 10 Freenort Texas IS 7 . 14 Granbv Coro 3% Homestake Mtn 127 Int Nickel 6 5% Inspiration 1% Kennecott 000... 8% 6% 0% 6% Magma Coo 5 Miami Conner 2 Nev Cons 3% 354 Noranda 13 13% Texas Gul Sul 165* U S Smelt 13 Oils— Amerada 15% ... Atl Refining 11% 11% Barnsdall 4 4'. Houston 2% 2% 2% 2% Mex Bbd 954 954 Mid Conti 5 Ohio Oil 7% Phllltos 3% Prarie Pine 6% 95* Pure Oil 3** Roval Dutch ... 16% 16% 16% 16% Shell Un 3 2’* 25, 3 Cons Oil 5% 5 5% 4, Skellv „.. ... 35 Standard of Cal 18% I*% 185 18% Standard of N J 23% 23S 235, 23% Soc Vac B’. 8% B'4 8% Texas Cos 11 11 Union Oil 9% Sleels— Am Roll Mills 5 5% Bethlehem 125% Bvers A M 85* 8% Ludlum ... 33 McKeesport Tin 32 >4 32 33 33% Midland 2% ... Newton 3 Repub lAS 3 3V U 8 Btel 28% 38 28% 28% Vanadium ... ... 75. Tobacco*— Am Tob iA i new 61 % Am Tob iBl new 63% 63% 63% 63% Con Cigars 8 Lig A Myers ißi 47% 47 5* 47 54 48% Lortllard 13V. Reynolds Tob .. 31% 31, 11% 31% Utilities— Abltlbt 1 Adams Exp 2% 3% 2% 3% Am For Pwr .... 3% 3 i 3% Am Pwr A LI 7 7 AT A T 95% 95% 95% 93% Cal Gas A E 1... 8 7% 7% 8 Com A Sou .... 2% 2% 2*4 2% El Pwr A L 1.... 6% 6 6 *6% Gen Gas A 5* j Inti TAT 4% 4% 1 Lou Gas A El 16 Natl Pwr A LI 11 11% |No Amer Cos 21*4 21% 21% 22% I Pac Gas AEI 24% 25 | Pub Ser N J 42% 425* So Csl Edison 23% Std GA El 1254 12% United Oorp .... 5% 5% 5% 55, Un Gas Imp 16% Ut Pwr ALA 2% 254 West Union .... 19 18% 18% 19% Shipping— Am Inti Corp ... 4 United Fruit is 7 . 15% Foods— Armour A % Cal Pkg 51, Car. Dry 8% 8 Coca Cola 93% 93 93% 93% Cent Baking A 4 Corn Prod 34 3454 Crm Wheat is 18 Cudahy Pkg 225a 22% Cuban Am Bug. .. ... % a, Gen Foods 28% 26 28 28% Grand Union 3% Hershev 54 53% 53% ... Jewel Tea 20% Kroger 12% 12% Nat Biscuit .... 33% 32% 32% 33% Natl Dairy 21 19% 19% 21% Purity Bax s% Safeway St .... 45 44% 44% 44*, Btd Brands .... 11% 1154 11% 11% Ward Bkg 2% Drugs— Cotv Ine 2% Drug Ine 36 Lambert Cos ... 32% 32 32 Jr 4 Industrials— Am Radiator ... 454 4 4 4 B.vsh Term 5 4% Certainteed is* ... Oen Asphalt ... 8% 8% 8% 8% Otis Kiev n% n% Indus Chems— Air Red 38% Allied Chem ... 53 52% 525* 52% Com Solv $% 5% Du Pont 38% 38 % 28*, 28% Union Carb 17% 17% 17% 17% U S Ind Alco ... 16% 16% 16 s , 16% Retail Stores— Assoc Drv Gds 2% Kresge S 8 9% 9% Mav D Store 12% Mont Ward 6% 6% Penny J C 215* 20 20% 21% Sears Roe 17% 175, 175, 17% Wootworth 38% 27% 28% 28% Amusement*— Eastman Kod. 42% 42 % Fox Film A 2 2 Qrigabv Oru 5* Loews Inc 22% 22'i Pa ram Fam.... 2*, 2'4 3% 2% Radio Corn .... 4% 4 4 4 R-K-O 2% 2% Warner Bros 1% 154 Miscellaneous— Airwav Add 1 Cltv lee A Fu 17% Congoleum 7% Proc A Gam .. 29% 29% 29% 29% Allis chat 5% Am Can 89% 36** 37% 17% J I Case 19% 18% 195* 19% Cent Can 22 21% 22 22% Curtiss Wr 1 l Gillette S R ... 14 13% 13% 14 Gold Dust 12 12 Int Harv 17*4 Int Bus M 75% 75 75 76 Un Areft 8% 7% 7% 8%

Net Changes

By l nitrd Presi NEW YORK. May 17.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. Allied Chemical 53% ... % American Can 37% % ... American Telephone 95’* ... 1% Atchison 39*4 ... 1% Auburn 31% ... 1 Bethlehem Steel 12% ... % Case 19% Chesaoeake & Ohio 15% % ... Consolidated Gas 47% ... % Du Pont 26% % ... General Electric 13% % ... Genera! Motors 16% ... % International Telephone.... 4% ... % Kennecott % ... % Loews Ine 313% National Biscuit 13% % ... New York Central 11% ... % North American 22% % ... Pennsylvania 9% ... % Public Service 42*. % ... Sears Roebuck 17*4 % ... Standard Oas 12% ... % Standard Oil New Jersey.. 73% % ... Texas Corporation It % ... Union Pacific 42% ... 1% U S Steel 39% 1 Vanadium 7% 1% Westinghouse Electric 39% ... % WOOlworth 38% % ... RAW SUGAR PRICES - May IT— Hifh Low Close. March ....... .82 .96 .81 May 59 54 54 July , 93 .62 63 September .36 .98 6 December 77 .75 .76

. THE INDIANAPOLIS TIMES

SELLING SENDS SWINE TO NEW i RECORD LOWS All Cattle Classes Active and Steady; Sheep Unchanged. Hogs dropped into new low territory this morning at the city yards when prices dipped 10 to 15 cents under Tuesday's average. The bulk. 100 to 350 pounds, sold for $3 to *3.40; early top holding at $3.40. Receipts were estimated at 9.000; holders were 118. A liberal supply o; beef steers was on hand in the cattle market. All classes were active, the range steady to strong. Receipts were 1.400. Vealers were unchanged at $5.50 down. Calf receipts were 700. Sheep were little changed, spring lambs selling mostly at $7 down. One deck of clipped lambs brought $5.50. Receipts were 700. Asking on hogs at Chicago generally was steady with Tuesday's average. Scattered early bids were weak to 10 cents lower. Bids on 163 to 220 pounds were at $3.50; best held above $3.60; 300 pounds, bid $3.25. Receipts were 21.000. including 7,000 direct. Holdovers were 5.000. Cattle receipts were 9,000: calves. 1.500; market steady to 25 cents lower. Sheep, 8,000; steady. HOGS May Bulk. Early Top. Receipt*. 11. 83.t0e 340 *3 40 b.OOO 12. 3.10 ft 340 3.45 5.500 13. 3.10-d 3 55 3.55 7.000 14. 3.10 ft 3 55 3 55 4.000 16. 310 ft 355 3.55 8.000 17. 3.10 ft 3.55 3.55 9.000 18. 3.00 ft 3.40 3.40 9.000 Reef int*. 9.0OO: market, steady. | il4o-190i Good and choice...B 340 —Light Light*— I (160-1801 Good end cholc- .. 340 —Light Weights—- : 1180-2001 Good .and choice... X 8 1 (200-220i Medium and g00d.... WOft 3.35 Medium Weights—-(23o-2501 Good and choice .. 3204 j 3.30 (250-290! Medium and rood . 3 10S 3.15 —Heavy Weights—- | (290-350) Oood and choice... 3.00 ft 3.10 —Packing Sows—-(3so-500) Medium and good .. 2.25 ft 2 85 ; (100-1301 Slaughter pigs 3.25 CATTLE Receipts. MOO: market, steady. Good and choice $ 5.50 ft 7.25 Common and medium 3.50 ft 5.50 (1.100-l,ooi j Good and choice 5.50 ft 7.25 Common and medium 4.25 ft 5.50 -MHelfers— Good and choice S.MB 6.25 Common and medium 3.25 ft 5.00 Good and choice 3.25 ft 4.25 Medium 2.50 ft; .7.25 Cull and common 1.50 ft 2.50 —Bull* (yearling* excluded) Good and choice beef* 3.00® 3.75 Cutter, common and medium . 2 00ft 3.00 CALVES AND VEALERS Reeeipta, *00; market, steady. —Veaier*— Good and choice 8 5 00ft 5.50 Medium .7 50ft 5 00 Cull and common 2.00 ft 3.50 —Calve*— Good and choice 3.50 ft 5.00 Common and medium 2.50 ft 3.50 —Stocker and Feeder Steer*— Oood and choice 4.50® 5.75 Common and medium 3.15 ft 4.50 (600-1.5001 Good and choice 4 50ft5 *5 Common and medium 3. sft 4.50 SHEFP AND LAMBS (Shorn Basis) Receipt*. 700; market, steady. Good and choice $ 5.25 ft 5.75 Spring lamb* 5.00 ft 7.50 Common and medium 3.?s'<r 5.25 Ewes, medium and choice .... 1.50 ft 2.25 Cull and common 50ft 1.50 Other Livestock Ey I nilni I'rrm CHICAGO. Mav 18.—Hogs—Receipt*. 21 000; Including 7.000 direct: mosl4v si 10c below Tuesday's average: 170-210 Ids.. S3 40ft3 55; top. 83.60 : 320-250 lb* . 83 35 ft3 50. 260-310 lb*.. 53.154(3.35: 140-160 lbs.. S3 30ft 3 50: Dig*. 53.804(3.25: packing sow*. 82.6003: light light*. 140-160 lbs., good end choice S3.3oft 3.50% light weights. 160200 lbs., good and choice. 83.40 ft 3 60; medium weights. 300-250 lbs . good and choice. S3 3003.60: heavy weights. 250-350 lbs . good and choice. 53.1003.40; packing sows. 275-500 lbs . medium and good. 52.60ft3: slaughter Digs. 100-130 lbs., good ana choice. S3 ft 3.35. Cattle—Receipts. 9.000: calve*. 1.500. weighty beeves comparatively scarce, about steady; lew earlv sales vearllngs and light steers, steadv to weak, but most bids around 25e lower: cows. scarce and strong to higner: bulls. 10ft 15c lower: vealers. steadv to weak: eariv too fed steers. S7i Slaughter cattle and vealers—Bteers. 600-900 lbs., good and rhotce. 56ft7.40; 900-1100 lb*, good and choice. 866 7.50: 1100-1300 lb*., good and choice. S6ff 7.60; 1300-1500 lbs., good and choice. 860 7.75: 600-1300 lbs., common and medium. 84.25426: heifers. 550-850 lb*., good and choice. *5.2506.25: common ana medium. 83.5095.25: good and choice. 83.50 ftS: common and medium. 52.50ft3.75: low cutter and cutters. 11.50 ft 2.75: bulls, yearlings excluded, good and choice beef. S3ft 4.25: cutter to medium. 52.50ft3.15; veaier*. milk fed. good and choice. 55®6.50. medium. 84.5065: cull and common. 836 j 4.50. Stocker and feeder cattle—Steers. 500-1050 lbs., good and choice. 84.750 6: common and medium. 83.5004.75. SheepReceipts. 8.000: not established: bidding unevenly lower; strictlv choice Colorado and California spring lambs bid. 87ft7.25; best clipped lambs held around 85.50. Slaughter sheep and iamb*—Spring lambs, good and choice. 86.75 ft 7.50; medium. 85.50 ft 6.75; common. 54ft5.50: lamb*. 90 lbs down, good and choice. SSiS.6S: medium. S4fts: 91-100 lbs., medium to choice. 83.75 05.50; all weights common. S3®4: ewes*. 90-150 lbs., medium to choice. 81®‘2.3.'. all weights, cull and common. 50cft 81.50. By United Pre*s EAST ST. LOUIS. Mav 18.—Hogs—Receipts. 8.500: market, verv ..low; opened steadv to 5c lower: extreme too. 83.40; .'catered earlv sales. 150-230 lb*.. 83.35** 3.35: 100-140 lbs. S3 75ft 3.15: sows. 82 40 ft 2.65. Cattle—Receipts. 1.800 calves 1.000: market, steers in light supply and narrow demand: a lew earlv sales steadv at 84 35ft5: bulls 35c higher: vealers. 25c lower; other classes steady: mixed yearling* and heifer*, largely. 84.7505.50: cow*. 82 65 ®3.50: low cutter*. 8135 ft 175: too sausage bull*. 83.25: top vealers. 85 25. Sheep—Receipts. 1.800: mark-t. spring lambs, opened steadv: desirable kinds. 86.50 ft 7: packers, mostlv talking lower on all classes. By United Pent CLEVELAND. Msv 18.—Hogs—Receipts. 1.700: holdover none: steady to 10c lower: Digs. 35c down: 140-330 lbs . 83.65 ; 240-300 lbs.. $3.40453.50: heavier weights downward to $3: pig*. $3.25. Cattle—Receipts. 225: mostlv steadv to weak: bulls. 25c off: medium steers $54z5.60: low cutter to common cows. $1.5045 3: sausage bulls. $2..50 45 3.38. Calve*—Receipts. 700: steadv to easier: bulk veaier*. $6: odd head. *6 50: heavier. 84.50*15: few higher: scattered light weight* under S5. Sheep—Receipts. 1.000; steadv to lower: cull to common cllDoed lambs. S2 0 3 25: best here earlv grade medium as vet unsold; medium to good springers. $.508. By F nited Pre* LAFAYETTE. Ind. Msv 18— Hog market, steadv to 15c lower; 160-200 lb*.. 83.15 : 300-310 lbs. 83.10: 210-235 lba.. 53.00. 325-235 lbs . S3: 235-250 lbs . $2 95; 250-275 lbs . $2 90; 275-300 lbs . *285; 300-325 lb?.. $2 80: 140-160 lbs.. 83: 120-140 lbs.. $2 90 100-120 lbs.. $2.75: roughs. $3.50 down: top -calves. $5. steadv: lambs, steadv; top. $6. By Timm Special LOUISVILLE. May 18.—Cattle—Receipts. 125. about steady: bulk common and medium slaughter steers and heifers, $4.35 ®5: better kinds. $5 25*55.75: beef cows. $3 50 down: low cutters and cutters. $1.25 (02 50: bulk bulls. $3 25 down: most light Stockers. $405. Calves. 250; 50c lower: at $4 down Hogs—Receipts. 800; steady; 170-220 lbs.. S3 30: 225-255 lba.. $3 : 260295 lbs.. $2 65 ; 300 lbs., up 53.15: 140-165 lb? . 82.70: 135 lb* . down. $2.30; sjws. $1.15 0190. Sheep—Receipts. 2.500. not established generally bidding 50c lower with Indications of top around $7.50 lor choice closely sorted haiidiwelghts Tuesdays shipments 103 calves ana 2.171 sheep. By United Prr FT. WAYNE. Ind.. May 19.—Hogs— Market 10c lower: pigs and light lights. S3 0 3 35: lights. *3 25 mediums. $3,100 3 20: heavies. s3ftT.lo: roughs. 53.50; stags. $1.50: calves. $5.50: lambs. 85.50. By United Prett CINCINNATI. May 18 —Hogs— Receipts. 4.000 including 505 direct: held over 840 lower: 160-220 lb mostly $3.55: 33C-330 lb*.. 83.25 61 45 250-300 lbs . $303 25; 120150 lbs.. $3.3503 50: sows. 82.2503.j0. Cat-tle-Receipts. 625. calves. 550 gtnerally steady: odd lots, common and medium steer* and heifers. $4.25 0 5 50; one load good but somewhat rough 715-pound heifers $5 40. a few more desirable kind up to $5.75; most beef cows. 83.25 03.75; low cutters and cutter cows. 81.750 3; bulls. : 13.50 down, veaier* steady to 50c lower, good and choice. 850 5.50 mostly: good heavy weights. 84.50 05. lower grades. 94 50 down. Sheep—Receipt*. 4.400. market on j lamb* not established: bidding weak to 50c | or more lower, or $7.50 downward on good i end choice kinds: prospective top around , 87.75 sheep about steady, aged ewes, $1 . 61.50. _ 1

BELIEVE IT OR NOT

ee - ■ *.-■■■ -e-y-r wJ" ' [•* - ‘'''lK , Vatss C i 1 is eh Apt l iPiNMPPu V —V Tme Basig Riv/er^ ! \\ (Philippine: islands) M Y vvSaSKk FIOW3 both W 6 , at the same t/me ! (ffAw v I*l rtAiy/iA ■ . \ Go LBS. WAS RAISED ON fERGUSoN ls..6oulHSeas . / s■!• * |tj; Kin* F-Xtirr- S. tnttrWe. lee. tlr**( Srilmn n*M n*™4

The City in Brief

THURSDAY EVENTS Indianapolis Engineering Society, I luncheon. Board of Trade. Indiana Banker*' Avoefation, convention. all day. Claypool. Advertising Club, luncheon. Columbia Club. American Rusineia Club, lunrheon, Columbia Club. Real Estate Board, luncheon, Washington. Shrine Caravan Club, luneheon. Murat temple. Acacia luncheon. Harrison. Democratic state officials and candidates have been invited to attend the rally and banquet at Sheridan Tuesda ynight. sponsored by the Sheridan Democratic Club. Special social meeting will l?e held I Thursday night by Indianapolis diI vision. No. 138. Benefit Association of Railway Employes, at 322 East New York street. Officers elected Tuesday at the monthly meeting of Alpha Psi Omega, dramatic society of Indiana Central college are Virgil Hague, Bloomington, 111., president; Gor-J don France, Anderson, business manager; Arnold Elzey, Hartford City, stage manager, and Dorothy Sooper, Marion, promoter. Confessing to theft of $147 from a grocery at 1101 College avenue, a week ago. Frank Richter, 22. of 919 Broadway, a former employe, was arrerced by detectives today on burglary and grand larency charges. Officers of the Indianapolis Mercator Club are making plan* for a large delegation to attend the international convention in Buffalo, June 19 to 21, in an effort to obtain the convention for Indianapolis in 1933 it has been announced by Godfrey F. Yacger, president. Past and present commanders of the Twelfth district of the American Legion will meet at a dinner j l at the Antlers, Thursday night to arrange plans for sponsoring the candidacy of V. M. (Army! Armstrong, for state commander of the American Legion. Ministers from several states are attending a "school of the prophets” at the Indianapolis Gospel tabernacle. 610 North Alabama street. , The school opened Tuesday to continue the remainder of the week. Incorporation papers for the Second Ward Republican Club, an organization seeking to create "a rebirth of loyalty In the party and ‘whole hearted support of all candidates." were filed today with Secretary of State Frank J. Mayr Jr. Arthur F. Hupp wa* elected president of Fletcher Trust Men’s Club at a meeting Tuesday night. Other officers named are; Erwin Bohn, vice-president.; Paul Boardman, secretary, and Tom Montgomery, treasurer. Marion F. Hinkle was elected president of the Twelfth District Bowling League of the American Legion at a dinner Tuesday night in the Antlers. John Downing was named vice-president, and Ray Woods, secretary. Taken for a ‘Tide" by three bandits on Tuesday night. John Devnie, 17. of 3114 Ralston avenue, attendant at a filling station at Martindale avenue and Thirtieth street, told police he was robbed of $23. Swimming instructors and directors for the twenty-first annual i “learn to swim" campaign of the Central Y. M. C. A. today an-j nounced enrollment of more than 300 boys. Members of the board of directors and trustees of the Indianapolis Y. M. C. A. wilt hold ft farewell dinner tonight at the Indianapolis Athletic Club, in honor of A. H.} Godard, retiring secretary of the Y. M. C. A. 9 Screams of Mrs. R. W. Jordan. $37 East Twenty-fifth street, routed a burglar as he looted the home early today of $lO in cash and personal belongings of unestimated value, police were told. *

On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

Fol’owing is the explanation of Ripley’s “Believe It or Not” which appeared in Tuesday's Times: The Human Statue—The curious human statue of Omei Shan is in reality the mummy ol the first Manchu emperor of China. Shui Chi. The emperor was balked in a love affair and decided to renounce the throne and to spend the rest of his life in the solitude of the monastery of Omei Shan (temple of the golden peak), the greatest sanctuary of China. The ex-ruler rose to be the abbot of this monastery, and after his death the body, arrayed in the imperial yellow silk robes. ..as preserved with a coating or lacquer and bronze, and placed on a pedestal, to be venerated as the eternal human statue. The emperor died in 1661. But I was permitted to gaze at a smooth, full-fleshed face, which in death was very lifelike and bore a human, peaceful expression. Unwanted Sables —The birth of a baby boy is the iiappiest event in a Chinese father’s life, but he will sorrow over the birth of a girl. Such unwanted children usually are placed within the ‘■baby tower.” Only one infant may be deposited within the tower at a time, and the person removing it is compelled by law to adopt the foundling and to care for it the rest of its life. Should any one attempt to add another occupar t to the tower, he is compelled to adopt the baby already in it. Thursday Working Beyond Life's Span. A.T. & T VOTES $2.25 PAYMENT Believe Dividend Will Be Earned First Quarter. Bv United Pre** NEW YORK. May 18— American Telephone and Telegraph Company directors today declared the regular quarterly dividend of $2.25 a share, payable July 15 to stockholders of record June 20. Declaration of the regular dividend involves distribution of $4,083.246 on the 18.659.666 average shares of stock outstanding at the end of the first quarter. The dividend for the previous quarter required $41,984.248. Earnings for the first quarter, recently reported, amounted to $38.699.204 or $2.07 a share, compared with $45,440,578 or $2.58 ft share for the first quarter of 1931. Business of the company is reported running at about the same ratio as the first quarter, but expenses have been reduced so it is believed the dividend will be earned. SCOUT PRAYER NOT IN VAIN: ALLEN TO LIVE Physician Says Boy Leader’s Recovery Almost Assured Prayers of Boy Scouts of Troop 72 for the recovery of Leßoy Allen, 22, of 3856 Cornelius avenue, their injured leader, will not be in vain, city hospital physicians said today. Confined to his bed from critical injuries incurred in an auto crash in March at Thirty-second street and Park avenue, Allen's condition was reported as still serious, but his recovery almost is certain. Because few visitors have been permitted to see Allen, eighteen members of his troop several times have held prayer services. Allen was one of the city's leading workers in the Boy Scout clothing drive for unemployment. He was the • troop pal” as well as instructor. Chicago Stocks Opening *Bv James T. HamiU it Cos. > —Mst 18— A**o Tel Util... 1% Swift * Cos .... 10% Beodix Avia ... 4% Swift Tn'l .. .. 15 Cities Service .. J l * Ut it Indu* com. I Middle West ... HWTalfreen Stra .. 9%

Rif terl.tered 0. 8 MJ JL faient Office RIPLEY

Bright Spots of Business

Bv United Fres* NEW YORK. Mav 18.—Business failures arc on th* decline, according to Bradstreet*. which reported insolvencies for the week end'd Mav 12. totaled 545 against 553 In the preceding week. OKAY. Ark.—Arkansas Portland Cement Company resumed operations at the local | plant recalling 100 men to work. NEW YORK Bt*el ingot production for the counlrv ha* advanced from 24 to 25 per rent. Influenced mainlv bv orders from the automobile Industry "Iron Age'' said. WASHINGTON—NationaI employment commission of the American Legion reports 761.K.1* .-sen and women now are bark on nav roll* a* a result of the legion rampaizn to find Job* for one million unemployed. DOVER Del —General Oa* and Electric corporation reported operating revenue* for the vear ended March 31. totaled SB.734.549 compared with 85,684.714 In the preceding rear.

Produce Markets

Delivered In Indianapolis prices: Hens, heavy breeds. Uc; leghorn hens. 10c; broiler*, colored springe.'*. 2 lbs. tnd up. 17c: 1% to 2 lbs.. 13c: bareback and partly feathered. 10c; leghorn and black. 1% lbs and up. 12c: cock* and stags, sc; leghorn cocks. 4c. Ducks, large white, full feathered and fat. 7c; small. sc. Geese, full feathered and fat. sc. Young and old guinea*. 15c. Eggs. No. 1 current reI ccipts. 9ft 10c. Butter—2lo22c: undertrades. 18S 19c Butterfat—lsc. These ; prices for healihv stock free from feed. Bv the Wadlev Companv. ! By United Pre** NEW YORK. May 18.—Potatoes-Market, dull and easv: Southern. t2'(i8.25 barrel: Idaho 83.15 0 2.33 sack; Bermuda. S6O 8 barrel: Maine. slft2.lo barrel: Canada. *.1,230 2.40 barrel Bweet potatoes—Market dull: Jersev baskets. 35ft 1.80: Southern baskets. 40cft$l. Folur—Market, steady; soring patents. $4.2504.45 barrel. Pork Market, easier; mesa. $16.25. Lard—- ■ Market, steadv: middle west soot. 84.100 120 per 100 lbs. Tallow—Market, steady, i special to extra. 2%ft2%c. Dressed poultry ! - Market, auiet: turkevs. 13030 c: chickens. 15027 c: broilers. 15ft 28c: fowls. Bft2oc: Long Island ducks. 14%ft 15c Live poultry i—Market, dull: geese. 7ft 12c: duck*. Bft 13c: fowl*. 14ft 16c. turkev*. 15ft 25c roosters. lOr: chickens. I6ft2Bc: broiler*. 12ft 25c. Cheese —Market, steadv; stale whole milk fanev to special. lO%019%c; 1 voung America. 11%ft12%c. By l, nited Pre** CHICAGO Mav 18. Egg* - Market. ! iteadv receipt*. 26.247 cases; extra firsts. 13-i 13%c: Arsis. 12%*/13c: current receipts. lift 11 'jc; aecsnd*. 10c. Butter Market, stead re-elpts. 9.985 tubs: exrr*. 16%c; extra first*. 16ft 16%e; first*. 'jftlS'.-c: seconds. 14ft 14%c: standards. lC%c. Poultry- Market, easy: receipts, no cers in. ! due; fowl* 13ft 14%c: Leghorn*. 12c duck*. 10ft 12c: geese. 8c; turkey*. 12 ■i 15c: roc*ter*. 6%c: broiler*. 17023 c; Leghorn broiler*. 15ft 17e: *tag. 11c. Chre*e— Twins. 10ft I0%c; young America.*. 1 ,10 s . '-rile. Potatoes—On track. 312. arrl- : vals. 97; shipment*. 618; market, about steady to firm; Wisconsin white*. 7S'9 85c: Idaho russet*. 81.1501.25: Minnesota and North Dakota cobblers. 75ft80c, Louisiana triumph*. $2 900 3.15. By I nited Pee** CLEVELAND. Mav 18.—Butter Market, teadv. extras. 20%e. standards. 20%c Ecgf- Marke*. stesdv. extra first*. 12%c: current receipts. 12c. Poultry—Market, steady, heavy fowl*. 15016 c; medium fowl*. 16ft 17c; Leghorn fowl*. 13ft I4e: heavy broiler*. 2123 c; Leghorn broiler*, broiler*. 17ft 19c ducks. 12014 c; old cocks. 10c: geese Be. Potatoes—Ohio. New York Pennsylvania. 55ft65c per bushel: Maine Green' Mountain*, beat mostlv St.2sft 1.3. few $1.15 per 120-lb sack. Idaho ruase' large sized. SI 75ftl 85: medium to Urge. 51.5031.60 per 100-lb *ack. By United Pre** CINCINNATI. May 18.- Butter—Packing , stock No. 2. 9c No. 3. 7 c; butterfat. 12ft 14c Egg*--Weak; rase* included: Extra , firsts. 12%c; *econd*. 10%c; nearby ungraded. 12c Live poultry—Thin and coarse stock sell only at heavy discount: fowl*. 5 lb*, and over. 13c: 4 lbs and over. 13c: 3 lbs. and over. 13c; Leghorn*. 3 lbs. and over. 12c. roosters. 6c; colored broilers. 1 lb *n dover. 18c. 1% lbs. and over. 20c: 2 lbs. and over. 22c: partly leathered. 15c: Leghorn broilers. 1 lb. and over. 18c; 1% lbs and over. 20c: 2 lbs. and over. 21c; , black springers. 13c: ducks, under 3 lbs . sell at liberal concessions: ducks, white. 4 , lb*, and over. 10c: under 4 lba.. 8c: colored. 4 lbs. and over. 10c: under 4 lbs.. 8c: spring ducks, white. 4 lb*, and over. 13c; under 4 lbs., 10c: colored. 4 lbs. and over. 13c: under 4 lbs . 10c: turkeys. No. 1 hens, t i lbs. and over. 15c; young toms. No. 1. 10 ' lbs. and over. 15c. Other Livestock By United Pre** EAST BUFFALO. May 18—Hogs—On j sale 3.000; slow, generally 15c to 35c under Monday’s average; weight* above 310 lba., , off most: good to choice 130-230 lba.. $3 75 '0 3.85; 220-350 lb*.. S3 5003.65. Cattle—. Receipt*. 175, cow* and bulls. 25c lower ! nothing done on steers and heifers; cutter ; ( eowa. 81.350 3 In-between kinds. 12.350. 2 75: medium bulls. 53.730 3. Calve*—Receipts. 300; veaier* slow. 25c to 50c lower: Bnod8 nod to choice. SBOB 50 common and meium. $3 5005. Sheep—Receipts 100. lambs about steady few common and medium clipper*. 84 SSO 5 35; native sprtnj ers. 88.50. .1 By United Pre** PITTSBURGH. May 18 -Hogs-Receipts. 1.500: market, alow steady to 15c lower: 140-310 lb* . 83.700 3.8S 230-250 lb* . $3.40 01 85 350-340 lb*.. 83 180 33 85; 110-140 lba . $3 3503 73; packing sows. 8202 50 Cattle—Receipts, 10: market, nominal, medium and good steers quoted. 8588.75; ! heifers. $4 250 550 beef .cow*. 84 0 4 25; common end medium bit!.*. 83. <50350. i Calves—Receipts. 150: merket strong to 50c higher: better grade vealers. 8J 500 8 50; common and medium. 8305. Sheep—Recelots. 800. market. *Jow; tend'nf lower ! talking around 88 downward n spring iambs, good wethers up to 82 la. m

PAGE 13

WHEAT PRICES EASY ON WEAK , FOREIGN NEWS Irregularity in Securities Another Unsettling Influence. BY HAROLD E. RAIVVILLE ( nited Pre** staff Cerrripendent CHICAGO, May 18. Whpat prices cased fractionally as the Board of Trade opened today, led by December. Weak cables and an irregular stock market caused scattered selling and support was slow in forming. Liverpool declined owing to dullness and some profittaking on the rise in sterling. Action was very small at the Mart with little real news developing. Com was about steady, oats was unevenly steady with September showing firmness. Rye was dull. At the opening wheat was % to | % cent lower, com was unchanged lo l cent lower, oats % cent lower to >i cent higher and rye H cent lower. Provisions were steady. Liverpool opened about as expected, but eased gradually and at midafterrvxm was \ to \ cent lower. May com is acting tight and with little pressure is relatively stronger than the deferred months. The aci lion of wheat is the dominant faci tor. The weather is clear with temperatures rising over the entire grain belt. Oats continues to drag along in a slow trade. Prices are largely influenced by the action of wheat and corn, but Interest is exceedingly light. * 9 Chicago Grain Range WHEAT— M * V 18 Prev Julv % n 57°2. % B?pt 59% .59% 8% sl< D corn-- - 821 ' •' :::::::: £% :§£ :!?%• JulY 33 32% .23 .23 SJT" 22% 33% .33% .33% ° RYE-1 ‘ 34 ’ * 34 ’' ■ J4 ’* J ulr .39% .39% Jute * 90 3 90 Sppt 4 02 4 00 4 03 4 00 I C> ct 4 00 .... By Time* Special CHICAGO. May 18—Carlot* WTieat. 90; corn. 33; oats. 29: rv*. o. and barley. 1. By Time* Special CHICAGO. May 17—Primary rseelpta: Wheat. 431.000 against 987,000; corn. 149,000 against 395.000; oats. 246,000 against >38.000 Shipment; Wheat, 388.000 against 22? 222 : corn - 138 o<w against 391.000; oats, 391,000 against 256.000 By United Pre** CHICAGO. Mar 17 -Cash grain close 2 L? a - , 57 *e: No 3. restricted billing. 56%c; No 3 red. 56%®57c; No 3 ve low hard. 57%c; No. 3 yellow, hard. 57%c: No. 4 yellow hard. 3(5%c; No 5 northern. 53c. Corn—No 2 mixed. 33 %e; 33ft - 33',c: No. 3 vellow. 32% N l, 1 h ‘ tp - J3%e; No. 3 white. 33 ft 33 %r: No 3 white, 33c. Oata—No 3 white. 24ft24%c; No. 2 white, heavy. 25% 026%c: No. 3 white. 23 0 23%e. Rv? Nn *ale* Barley —34® 44c. Timothy—sl.7so3. Clover—s9® 13.50. Bt/ J'nitrit Pre** TOLEDO. May 17.—Cash grain close (grain In elevators, transit billingi: Wheat N", 2 red 58® 50c Corn—No 3 vellow. , 34%®35%c. Oats—No. 2 white. 28%037%e. Rye—No. 2, 44%®45%c. Track prices, ; 28%c rale. Wheat—No. 2 red. 52%®53c: ! No. 1 red. lc premium; No. 3 red. % to 8 cents discount; No 4 red. 2% to 4 cents I discount. Corn—No 2 vellow. 30ft30%e: J Yellow. 29ft 29%c Oats—No 2 i white, 23%024%c: No. 3 white, 22%® 23'-c. Clover—Prime. $9. ALwka—Cash *8 75. Butter—Fancy creamerv prints. 23 10 24c Eggs—Extra*. 12®12%c. Hay ! Timothy, per cwt. 80e.

Local Wagon Wheat

„ Cltv grain elevator* are paving 44c for No 2 red wheat, and 44e for No. 3 hard wheat.

Cash Grain

- May 17— The bids for car lout of grain at the call of the Indianapolis Board of Trade, fob shipping point, basis 41 %e New York rate! were: Wheat -Strong: No. 1 red. 48%847%e' No 2 red. 45%ft46%c; No. 3 hard. 45% Corn—Firm: No. 2 white. 25026 c: No. 3 white. 24925 c: No 2 vellow. 24ft25c: No. 3 vellow. 23024 c. No. 2 mixed. 23034 c; No. 3 mixed. 22023 c. Oats-Firm: No 3 white. 1g%19%e: No 3 white. 17%018%c. U Hay if. o. b. country points talcing 23%e or less rates to Cincinnati or Louisville) No 1 timothy. $202 50. No. 3 timothy. *6 ® 6.50. ~ Inspections— Wheat—No 2 red. 2 cars; No. 3 hard. 1 c * r: R- 1, mixed. 1 car. No. 2 mixed, 3 car*. Total. 6 cars. Core—No. 2 vellow. 7 car*. Total. 7cara. Oats—No 3 white. 3 cara; No. i white, 11 cars. Total. 14 car*.

In the Cotton Markets

CHICAGO - May 17— High. Ln w. Close. January 8 29 8.15 8 1 8 March 8.45 8 30 8 30 M*V 810 3ulv t SB9 573 5.73 Ocsoher ~r 6 10 593 5.82 December *37 a.OB 8,08 NEW YORK January 8 33 8.87 6.08 March 6 40 6 33 6.33 Mav S 87 5.53 5.83 October 6.03 8 88 U December 6.17 5.99 890 NEW ORLEANS March 6.38 6.19 6.19 Julv 8 78 8 61 5 62 October 5 98 5.83 8 83 December 813 8.97 5.98 WET LEAGUE TO OPEN HEADQUARTERS HERE Group Favora Government Control of Liquor, Wine Business. Extending scope or its activities, the Federal Dispensary-Tax Reduction League. Inc., favoring government supervision of distilleries, breweries and wineries, will establish state headquarters here, it was announced today by P. F. Virgin, Ohio division head. Members of a state executive committee are being selected, and offices for the state headquarters will be established following appointments. Virgin announced. The organization, active for more than four years in Ohio and lilting scores of prominent business men and industrial leaders as members, seeks to place distribution of liquors in hands of the government. It proposes to have the government issue liquor permits to adults, allowing consumption of two quarts of spirituous liquor, fifteen quarts of wine and thirty quarts of beer a month. Drunkenness, under the plan, would be penalized by revocation of the government permit for one year, with total revocation of the license on second conviction of the offense.

Zaiser & Zaiser larorpo rated Brokers Stocks and Bonds 129 E. Market tlsroln 9373 l.iarols 1187