Indianapolis Times, Volume 33, Number 223, Indianapolis, Marion County, 26 January 1921 — Page 8

8

STOCK MARKET SHOWS STRENGTH General Asphalt Principal Feature of Initial Trade. NEW YORK. Jan. 20.—The various stocks traded in during the first fifteen minutes of the stock market today moved wholly Independent of each other. The most important feature was General Asphalt, in which there was aggressive buying, seeming to indicate that some action had been taken at the directors’ meeting, at which the dividend was declared that has not been made public. The stock had a rapid advance to 70, a gain of 4% points. Mexican Petroleum reflected a scarcity of stock for delivery shown in the loan crowd last night, and rose 2'.a points to 157. Royal Dutch declined 1% points to 62%. American Tobacco advanced 1 point to 12014. There was actlTe trading in Steel common, that stock advancing from 82 to 8214, against 82% at the close yesterday. Crucible, Repubilo Steel and Pressed Steel made fractional gains. Railroad stocks were fairly active. Southern Pacific advanced % of a point to 98%. Pennsylvania, influenced by the preposed new bond issues, declined to Studebaker rose % of a point to 5i%. The stock market then developed pronounced strength. The market reacted somewhat from the early high levels during the forenoon. Steel common, after selling at 82%, dropped to 28. Mexican Petroleum advanced to 157’i, then yielded 2 points. General Asphalt common advanced over 5 points to 70%, while the preferred rose 4% points to 111. Central Leather was In better demand, advancing over 1 point to 40%, and American Hide & Leather preferred rose 2 points to 40. There was more activity in the railroad shares, Reading advancing 1 point to 84%.

(By Thomson & McKinnon) —Jan. 26 The stock market continues fluctuating with no definite trend and the volume of business rather moderate. Every day one or two Issues are Independently strong or weak and this is resulting from professional buying or selling. The general list appears to be marking time, evidently awaiting anew incentive, with a likelihood that this new Incentive may come from the policies both national end international that will ba announced by the new administration. There has never been a time when greater world problems were pressing, and the correct solution may mean vast financial and commercial undertakings in fusing new life into industry. Meantime, deflation remains to be completed, and this should and likely will five us sufficient irregularity in the maret during the next month or two to afford good trading opportunities, and investors si ould take advantage of the reaction in the market to accumulate the stock they want. CLEARING ltOt'SE STATEMENT. NEW I’ORK, Jan. 20.—Exchanges. 5720,060.083; balances. $63,275 412; Federal Reserve Bank credit balance, $49,908,304.

Money and Exchange

Indianapolis bank clearings today were $2,025,000, against $2,477,000 a week ago. NEW YORK. Jan. 26. —The foreign exchange market continued its upward movement at the opening today. Demand sterling rose %e to $3.82%, the highest figure since July 21 of last year. Francs recovered 14 centimes and Belgian rose 25 centimes. Franc cables, .0715; checks, .0714; lire cables were .0371; checks. .0370; Belgian cables, .0750; cne-.ks, .0749; Swedish kronen cables, .2185; checks, .2180. NEW YORK CALL MONEY. NEW YORK, Jan. 25.—Money—Call money ruled 7 per cent; high, 7 per cent; low, 7 per cent. Time rates steady, ail 6% per cent. Time mercantile paper steady. Sterling exchange was steady, with business in bankers’ bills at 3.50 for demand.

MOTOR SECURITIES. (By Thomson & McKinnon.) —Jan. 26 —Opening— Bid. Ask. Briscoe 14 16 Chalmers com 1 1% Packard com 10% 10% Packard pld 73 78 Chevrolet 150 400 Peerless 22 24 Continental Motors com 7 7(4 Continental Motors pfd 93 95 Hupp com 12(4 13% Hupp pfd 88 95 Ren Motor Car 22 22(4 Elgin Motors 4% 5(4 Grant Motors 3(4 3% Ford of Canada 235 240 United Motors 35 50 National Motors... 6 Federal Trucks 19 20 Paige Motors 17 18 Republic Truck 20 21 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —Jan. 26 —Opening - > Bid. Ask. Atlantic Refining 990 1050 Borne-Scrymser 390 410 Buckeye Pipe Line 85 87 Cheaebrough Mfg. Cons 175 190 Chesebrough Mfg. Cons. pfd. 107 110 Cont. Oil. Colorado 114 118 Cosden Oil and Gas 6 6(4 Crescent Pipe Line 30 34 Cumberland Pipe Line 125 133 Elk Basin Pete 7(4 8 Eureka Pipe Line 97 100 Galena-Signal OH. pfd. new. 94 99 Galena-Signal Oil. com 45 48 Illinois Pipe Line 174 178 Indiana Pipe Line 84 87 Midwest Refining 137 139 National Transit 27 29 New York Transit 60 65 Northern Pipe Line 94 97 Ohio Oil 282 285 Fenn.-Mex 35 38 Prairie Oil and Gas 470 480 Prairie Pipe Line 187 192 Sapulpa Refining 4(4 5 Solar Refining 375 385 Southern Pipe Line (12 115 South Penn. Oil 240 245 Southwest I’enn. Pipe Lines. 70 74 Standard Oil Cos. of Cal 306 310 Standard Oil Cos. of Ind 71 72 Standard Oil Cos. of Kan 590 6'H) Standard Oil Cos. of Ky 420 430 Standard OH Cos. of N. Y 353 358 Standard Oil Cos. of Ohio 390 405 Swan & Finch 45 55 Union Tank Line 110 115 Vacuum Oil 325 335 Washington Oil 30 35

NEW YORK CURB MARKET. (By Thomson & McKinnon.) —Jan. 25 Closing Bid. Ask. Curtis Aero com 3 5 Curtis Aero pfd 10 20 Texas Chief 7 13 First National Copper.. % 1(4 Goldfield Con 6 8 Havana Tobacco 1 1% Havana Tobacco pfd... 6 9 Cent. Teresa 3 5 Jumbo Exrenslon ...... 5 7 International Petroleum 16 16(4 Nlpissing 8 8(4 Indian Pkg 3(4 4 Royal Baking Powder..los 110 Royal Bak. Powder pfd. 79 82 Standard Motors 7(4 8 Salt Creek 24 28 Tonopah Extension .... 17-16 1(4 Tonopah Mining 1% 1(4 United P. S. new 14 1(4 V. 8. Light and Heat... 1 1(4 U. S. Light and Heat pf. (4 1(4 Wrtgbt-Ma'.ln 5 7 World Film 1-16 3-16 Yukon Gold Mine C 0... 1 1(4 Jerome 1-16 % New Cornelia 15 18 United Verde 28 30 Sequoyah 5-16 7-16 Omar Oil 2% * 2% Rep. Tire 1(4 1(4 NEW YORK METAL MARKET. NEW YORK, Jan. 25.—Copper—Weak; ■pot. January, February and March offered, 13 50c. Lead—Easy; spot, January and February offered. 5.15 c. Spelter —Easy; spot, January. February, March and April offered. 5.40 c.

N. Y. Stock Prices —Jan. 25 Prev. High. Low. Close, close. Adv.-Rum. com. 19 19 19 Ajax Rubber... 37 30% 36% 37 Allis Chalmers. 36% 34% 36 35 Am. Agricul 56% 54% 56% 54% Am. Car & Fd.123% 121% 122% 122% Am. Can 29% 28% 28% 28% Am. H & L com 9% 9% 9% Am. II & L pfd. 43% 43% 44 45% Am. Drug 7 6% 6% 6% Am. In. Corp... 46% 45% 46% 45 Am. Loco 83 82 % 82% 83% Am. Sin. & Ref. 38 37% 37% 38% Am. Sugar lfef. 93% 93 93% 93% Am. S. Tob. Cos. 78% 78 78% 79 Am. Steel Fdy... 30% 30% 30% 30% Am. Tel. & Tel. 99% 99% 99% 99% Am. Tobacco...ll9 117% 119 117% Am. Woolen 60% 66% 66% 66% Ab. Zinc & L.... 9 9 9 9 Ana. Min. C 0... 38 37% 37% 38% Atchison S3 82% 83 83% At. Gulf &W. I. 69% 68% 69% 68% Baldwin Loco.. 90% 88% 90 88% B. & 0 35 31% 34% 34% Beth. Steel (B). 56% 55% 55% 55 Bk. Rap. Tran. 14% 13% 13% 13% Can. Par. Ry.. 115% 114% 115% 115 Cent. Leather.. 40% 39% 39% 40% Chandler Mot.. 69% 69 69 % 69% C. & 0 59M, 59% 59% 50% C„ M. & St. P.. 28% 27% 27% 28% C. M.& St.P.rfd. 43 42% 42% 43% Chi. & N. W... 07% 67% 67% 68 C., R. I. & P... 26% 26% 26% 26% C.RI.& P.6'3-pfd. 63% 63% 03% ..... C. P.7CePfd. 74 74 74 <4 Chili Copper... 12% 11% 12 11% Chino Copper... 22% 22% 22% -2% Coca Cola 23% 23% 23% -S® Columbia Gas... 62 61 62 61% Colum. Graph... 11% 11% Coasol. Gas.... 79 78% 79 79% Cent. Candy Cos. 4 3% 4 0% Corn Prods 71% 70% 71 il Crucible Steel.. 97% 94% 96% 94% Cu’o.Am. Sugar. 29 29 29 29% D. &R. G. pfd. 2% 2% 2% 2% Endicott 61 60% 61 60% Erie 13% 13% 13% 13% Erie Ist pfd.... 20% 19% 19% 20% Fam. Players... 59 57% 58M* Fisk Rub. C 0... 14% 14% 14% ,14% Gen. Asphalt.... 66% 62 65% 62 Gen. Electric ..126 124% 124% 126% Gen. Motors.... 14% 14% 14% 14% Goodrich 40% 40% 40% 40% G. Nor. pfd 76 75% 7b 76% G. North, tire... 28% 25% 28% 29 Houston Oil 75% 73% 75% 74 Inspira. Copper. 34% 34 n 34% 35 Inter. Corp 5% 5% 5% 5% Inter. Harvest.. 94% 91% 94% 94% Inter. Nickel.... 15% 15 15% 15% Inter. Paper 60 58 59 59% Invin. Oil 24 23% 23% 24 K. C. South 20 19% 19% 19% K-Sfleld Tire— 47% 46Vj 47% 47 Kenn. Copper.. 20 19% 19% 19‘s Lack. Steel 54 53 83 53 Lehigh Salley... 52% 52 52% 52 I-ecws 16% 16 1 i 16% 16% Marine, com. .. 14% 14% 14% 14% Marine, pfd. ... 54% 54% 54% 54% Max. Motor, com 6 5% 5% 5% Mex. Petro’eum.ls4% 150% 154 152% Miami Copper .. 18% 18% 18% 18% Mid. States Oil. 13 12% 12% 13 Midvale Steel .. 31% 30% 31 31 M. K. A T 2% 2% 2% 2% Missouri Pac. .. 18% 18% 18% IS% Nat. En. A Stp.. 61 61 61 Nev. Con. Cop... 11% 11% 11% 11% N. Y. Central .. 72 71 % 71% 72 New Haven .... 20% 20% 20% 20% Norfolk A W... 100% 100 1(K % 10<>% Nor. Pac 83% 83 83% 83 Olda. P. A- Ref. . 3% 3% 3% 3% Pacific Oil 36% 36% 30% 36% Pan-Am. Petrol. 74% 73 74% 73% Penn. Ry 41% 41% 41% 41% People's Gas ... 35% 35% 35% 35% Pierce-Arrow .. 25% 25% 25% 25% Pierce OH Cos. .. 10% 10% 10% 10% Pittsburgh Coal 62% 61% 61% 61% Pressed Stl. Car 94 92% 92% 93% Pull. Pal. Car.. 108% 107 108% 107% Pure Oil 35 35% 34% 35% Kay Copper .... 13% 12% 13% 13 Reading 84 83% 83% 83 Rep. Iron A Sti. 66% 05 65% 65% Keplogle Steel . 34 34 34 33% Ryl. Dtcb., X. Y. 64% 63% 63% 65% Stars-Roebuck . 9.3 91% 9214 Pi% Sinclair 23% 22% 23% 23% South. Pac 98 97% 97% 97% South Ry 22% 22% 22% 22% St. Oil NJ. pfd . 109 10814 109 103% St.L.AS.F. com. 21% 21% 21% 22 Stromberg Carb. 35% 37 37 40% Studebaker 57% 56% 56% 56% Tenn. Copper... .8% 8% 8% 8% Texas Cos 43 42% 43 42% Tob. Products.. 55% 55 55% 55% Transcont. Oil . 10% 10 10 10 I'nion Oil 22% 22 22% 22 Union Pac 119% 119 119% 119% Cnited R. Stores 56 55% 50 55% United Fruit C 0.105%.105% 104% 105% 10444 U. S. Ind. Alcah. 67% 66% 66% 67% I’. S. Rubber... 69% 67% 63% 68% U. S. Steel 82% 81% 82% 82 U. S. Sti. pfd...110*4 110% 110% 111% Utah Copper ... 56% 55% 55% 55% Vanadium Steel. 38% 36% 37% 37% Wabash 8 8 8 8 Wabash Ist pfd. 20% 20 20% 20% W. Maryland... 10% 10% 10% 10% West. Union 85% 85% 85% 85% West'h'se Elec.. 45 45 45 45 White Motors... 39 39 39 39 Willvs-Ovorland. 8 7*4 8 7% Wilson A- C 0.... 3% 43% 43% 43 Worth. Pump ..49 49 49 49 NEW YORK LIBERTY BONDS. —Jan. 25 Prev. Hifrh. Low. Close. Close. L. B. 3%S 92 20 92.00 92 00 92.06 L. B. 2d 4s 88 04 87.80 87 841 87 90 L. B. Ist 4%s 88.28 8-8.04 88.04 87.92 L. B. 2d 4%s 88.20 87.86 87 96 87 96 L. B. 3d 4%s 91.<16 90.86 90.86 90 96 L. B. 4th 4%s 97.36 97.26 97.30 97 20 Victory 4%s 97.36 97.20 97.30 97.26 TWENTY STOCKS AVERAGE. NEW YORK. Jan. E6—Twenty Industrial stocks averaged 74.96, up .21 per cent. Twenty active rails averaged 75.80, up .02 per cent.

In the Cotton Market NEW YORK, Jan. 26.—While the Immediate opening of the cotton market today was out of line with strength at Liverpool, the list there improved later and sold about 30 points over last night's close. Liverpool selling and further liquidation following the closing of January transactions yesterday chiefly explained the fact that initial quotations here were 3 to 11 points higher, outside of February, which started 20 points lover. This was followed by an increase of outside buying and covering by the room on which values Improved quickly, ou which May sold 31 points above yesterday’s final quotations. At the end of the first twenty minutes the market was steatiy and near the best levels. New York Cotton Opening—February, 14c; March, 14.64>c; May, 14.60 c; July, 14.73 c; October, 14.90 c. LIVERPOOL, .Tan. 26.-—Spot cotton opened in an improved demand today, with prices easier and sales close to 4.000 bales. American middling, 12.87d; good middlings. 10.57d; full middlings, 9 67d; middlings, 8.92d; low middlings, 7.67 U; good ordinary. 6.17d; ordinary, 5.42d. Futures opened steady. WASHINGTON, Jan. 26.—Census reports show cotton ginned to Jan. 16, from the crops of 1920 and 1919 respectively: Total running bales (counting round as half bales), 12,016,465 and 10,307,120. Round bales inclutied 204,624 and 111,873. American—Egyptian 73,481 and 34,023; Sea Island, 1,664 and 6.712.

CHICAGO STOCKS. (By Thomson & McKinnon.) —njan. 25 Open. High. Low. Close. Carb. & Carbon. 54(1 54% 54(4 54>4 Libby 12(, Mont.-Ward 17% Natl. Leather... 8% 8(9 8% 8% Sears-Roebuck.. 91% 93_ 91 92(4 Stewart-Warner. 35% 35(4 35 35 Swift & Cos 104% 104% 104 104 Swift Inti 27% 27% 27(4 27% Am. Leather 13(4 Piggly Wiggly- 16(4 16(4 16(4 16(4 PENNSY DECLARES DIVIDEND. PHILADELPHIA. Jan. 20.—The regular quarterly dividend of 1(4 per cent of "the Pennsylvania Railroad Company was declared on general stock payable Feb. 28 to stock ol record Feb. 1. it was announced by the board of directors this afternoon. WHOLESALE BEEF PRICES. The following are today's wholesale market prices of beef cuta as sold by the Indianapolis markets. (Quotations by Swift A Cos.): Ribs —No. 2,34 c; No. 3, J9c. Loins— No. 2. 61c; No. 3.28 c. Roynds—No. 2. 23c; No. 3,17 c. Chucks—No.. 2,12 c, No. 310 c. Plates—No. 2. 12c; N*. 3,10 c.

SWINE PRICES 25 CENTS HIGHER Cattle Market Has Slow Trend —Calves Show Strength. RANGE OF HOG PRICES. Good Good Good Jan. Mixed. Heavy. Light. 20. [email protected] $9.25® 9.75 $lO 00®10.25 21. 9.00@ 9.75 9.0@ 9.25 [email protected] 22. 9.75 ® 10.00 9.25® 9.50 10.00®10.10 24. 9.75® 10.00 9 50® 9.75 10.00®10.25 25. 9.75® 10.00 9.60® 9.75 [email protected] 26. [email protected] [email protected] [email protected] Hog prices were 25 cents higher at the opening of the local live stock exchange today, with receipts close to 17.000 fresh hogs and an active demand by both the shippers with Eastern packing house connections and the local packers. The order buyers entered Into the early market with a rush and created the higher prices, which the local packers had to pay in order to get the hogs. Indications of the Tuesday market would naturally lead one to believe that the market of today would have been lower, but the contrary proved to be the truth. There was a top of $10.50 on some light hogs, while the bulk of that grade brought [email protected]. Good heavy hogs brought $9.75@10 and mediums. slo<g'lo.2s. Pigs generally brought [email protected]. but there were a number of sales at as low as $9.50. Roughs brought $8.50 and down. The bulk of the early forenoon sales was [email protected]. Trade was slow on the cattle market and prices were generally no more than steady, while In spots It was lower. There was but little demand by buyers and indications would lead one to believe that the market would close lower. Receipts for the day approximated 1,200 fresh cuttle, with but little stale stuff left In the pens from the Tuesday market trade. With close to 500 calves on the market, there was active demand and prices were strong to 50c higher than the close of the Tuesday market. There was a top of sls on some choice veals a few odd sales at $15.50, while the hulk of the choice veals brought $13.54 Ka 14.50. The demand was not so good for the common and medium grades. With close to 200 sheep and lambs on the market, prices were steady with the close of the Tuesday market.

HOGS. Best light hogs, 100 to 200 lbs average „ 10.25® 10.50 200 to 300 lbs average [email protected]) Over 300 lbs 8.50® 9.25 Sows 7.75® 8,25 Best pigs, under 140 1b5.... 9 50® 10.25 Bulk of sales [email protected] CATTLE, Prime cornfed steers, 1,030 lbs and up [email protected] Good to choice steers, 1,200 to 1,300 lbs B.oo® 9.50 Good to choice steers, 1,100 to 1,200 lbs B.CO® 8.50 Medium steers 1,000 to 1,100 lbs 7.50® S 25 Common to medium steers, 800 to 1,000 lbs 6.00® 7.50 —Heifers and Cows — Good tp choice heifers 6.50® 8.75 Medium heifers 6.(X>@ 6.50 Common to medium heifers.. 4.04® 5.25 Good to choice cows 500® 7 4X> Fair to medium cows 4.00® 5.25 Cutters 3.00@ 4125 Uauuers 2.25® 3.50 —Bulls— Good to choice butcher bulls 5 00® 7.00 Bologna bulls 4.50@ 5.50 Light common bulls 6.00® 7.00 —Calves — Choice veals 14.00® 15.00 Good veals 12.50® 13 50 Medium veals 14) [email protected]) Lightweight veals o.oo® 7.50 Heavyweight calves 7.50® 9.00 Common heavyweight calves. 3.00® 7.00 —Stockers and Feeders — Goo dto choice steers, under 34)0 lbs 7.00® 8.00 Medium cows 4.50® 5.00 Good cows 6.00® 5 .>0 Good heifers 5 so@ 660 Medium to good heifers s.4Xj® 6-00 Good milkers 50.00®95.00 Stock calves, 250 to 450 lbs... 5.00® 8-00 SHEEP AND LAMBS. Good to choice sheep 3.00® 3.50 Fair to common 2.004® 3.00 Bucks 2.00® 2.50 Cull sheep l.Oo® l-oi) —Lambs— Common to choice yearlings. 5.50® 6.50 Spring lambs B.oo® 10.00

Other Live Stock

CHICAGO, Jan. 28.—Hogs Receipts. 32,04)0; market, steady; bulk, $9.24>®9.05; butchers, $9.15®9.45; packers, SS.SO®9; lights, $9.50® 10; pigs, $9.23®9.75; roughs, $8.25®8.50. Cattle -Receipts, 11,004); market, steady; beeves, $7.50®10.75; butchers, $5.25®9; canuers and cutters, $3.25®5.50; Stockers and feeder*. $5.50®8.85; cows, $4.00®7.75; calves, $11.25® 13.7)0. Sheep Receipts, 19.000; market, strong, higher; lam 1)9, $7.50® 11.25; ewes, $2.50®0. CINCINNATI, Jan. 20.—Hogs—Receipts, 0,200; market steady; heavy hogs. $9.75® 10.25; mixed, $10.35; mediums and lights, $10.50; pigs, $9.50; roughs, $8; stags, $6.50. Cattle—Receipts, 350; market steady; bulls, weak; calves, sls. Sheep and lambs -Receipts, 150; market steady; sheep, $1.50®3; lambs, s6® 11C>0. CLEVELAND, Jan. 26.—Hogs- Receipts, 4,000: market active to 15c up; yorkers, $11; mixed, $10.50; medium, $10.50; pigs, $11; roughs, $8; stags. SO. Cattle —Receipts, 200; market steady. Sheep and iambs —-Receipt*, 1,54)0; market steady; top, sll. Calves—Receipts, 300; market 50c up ; top, $16.50. PITTSBURG, Jsn. 26 Cattle— Receipts light; market steady; choiea, $0.25®9.50; good, $#®9.23; fair, $8©8.50; veal calves, $15®16. Sheep and lamb* —Receipts fair; market steady; prime wethers, $6 50®7; good, $5.75®0.25; fair mixed, [email protected] spring lambs, $10.75® 11.20. Hogs—Receipts. 25 doubles; market steady; prime heavies, $9.75®10; mediums, $11®H.25; heavy yorkers, sll ® 11.25; light yorkers. sll®ll.Vs; pigs, sll @1.25; roughs, $7@)S; stags, $5.75® 0.25. EAST BUFFALO, Jan. 26.—Cattle—ccipts, 175; market fairly active; shipping steers, [email protected]; butchers’ grades, [email protected]; cows, $2.50@7. Calves— Receipts, 260; market ac-tive, steady; culls, choice, ss® 17.50. Sheep and lambs—Receipts,' 2.000; market active and steady; choice iambs, [email protected]; culls, fair, sß® 10.75; yearlings, sß@9; sheep, s3@7. Hogs—Receipts, 4.800; market active, steady; yorkers, $11.50; pigs, $1150; mixed, $10.75® 11.25; heavies, $10.25® 10.50; roughs, [email protected]; stags, s6@7. EAST ST. LOUIS, Jan. 26.—Cattle— Receipts, 3,200; market steady; native beef steers, $9.50@ 10.25; yearling beef steers and heifers, $9.25@10; cows, $6.25 ®7.25; stockers and feeders, S7.SO@H; calves, $11.50® 12.50; ennners and cutters, ,<Ka4.75. Hogs Receipts. 16,000; market lOftr 15c higher; mixed and butchers, $9.65 @■10.30; good heavies, rough heavies’, $7.75(a8; lights, [email protected]; pigs, $9.50® 10.10; bulk of sales, [email protected]. Sheep—Receipts, 2.000; market steady; mutton ewes, $4.541®5.25; lambs, $10@fl; canners and shippers, $1.50®3.

INDIANAPOLIS PRODUCE. Eggs—Fresh, loss off, 53c. Poultry—Fowls, 24@29c '.springers,-7c; cocks. 16c; stags, 16c. old tom turkeys, 35c; young tom turkeys, 12 lbs. and up, 40c; capons, 7 lbs. and up, 33c; young hen turkeys. 8 lbs. and up, 40c; cull, thin turkeys not wanted; young tom turkeys, 40c; ducks. 4 lbs. and up. 25c. ducks, under 4 lbs., 20c; geese. 10 lbs. and up, 20c; squabs. 11 lbs to dozen, $7; guineas, 9 lb. size, per doz., $6. Rabbits—Drawn, per dozen, $2.50. Butter—Buyers are paying for creamery butter delivered at Indianapolis. Butterfat— Buyers are paying 47®48e for cream delivered at Indianapolis. CLEVELAND PRODUCE. CLEVELAND, Jan. 26.—Butter—Extra, in tub lots, 52%@53e; prints. 53%@54c; extra firsts, 51(4@52c; firsts, 50(4(if51c; seconds, 44@45e; packing stock, 124415 c; fancy dairy roll, 20@25c. Eggs—Fresh gathered northern extra, 67c; extra firsts. 66c; Ohio firsts (new cases), 64c; first (old cases), 63c; Western firsts (new cusses), 63c; refrigerator extras, 60c; refrigerator firsts, 58c. (A case contains 30 dozen). Poultry—Live heavy fowls. 32@34c; light stock, 25c; roosters, 24c; spring ducks, 38@40c; turkeys, 45@30c; geese. 30®35c; spring chickens, choice, 29Q30C.

INDIANA DAILY TIMES, WEDNESDAY, JANUARY 26, 1921.

DECLINES HIT GRAIN FUTURES Light Trade and Poor Buying Support Chief Factors. CHICAGO, Jan. 26.—Grnin futures declined on the Chicago Board of Trade today due to lack of buying support and light trading. Selling at the opening was general. Some Northwest selling was in evidence. March wheat opened at $1.66%, down %c, and lost 3%c later. May wheat at $1.56%, opened down %e, losing an additional 3%c before the close. May corn down %c, opened at 67%c, and dropped another %e In later trading. July corn opened at 68c, down %c, and lost an additional %c before the close. May oats opened at 3%c, down %e, and dropped lc before the close. July oats opened down %c at 2%c and dropped l%c later. (By Thomson A McKinnon.) —J an. 26 Wheat—A practically complete cessation of foreign buying af wheat was the chief topic of discussion yesterday. A small amount was reported sold to Belgium and it Is said that the inquiry from France noted Monday has been satisfied. There has been no evidence in tile market to support ideas of a large sale to France. British buyers claim they will not be In the market for whe-at from any country before the first of next month. The country Is not selling freely and receipts are expected to decrease. Even if it be true that we have exported too largely of our surplus It will take time for the milling demand to develop this situation. Just at the moment there Is indication of a still further decline of moderate properties. Corn—Receipts yesterday were considerably smaller than recently and the country has stopped making new sales, also new consignments, but the amount of corn corn already in terminal market unloaded and on track is a considerable weight upon values. The hedging load derived from these accumulations had considerable to do with the action of prices yesterday. There was a very poor distributing demand from domestic consumers and no new export business. Iu fact, there was some talk of reselling by thfc United Kingdom. We believe this market will show no permanent strength until such time as the demand for the cash article improves decidedly. Oats—There is the same lack of interest in the oat market which has been noted for some time. In this market, as in corn, we believe there is insufllclent outlet for the resorts still In the country. Provisions-—Toe strength In oats came from a shipping demand, larger packers not being Interested. Considerable dullness in products, with the weakness In grains controlling Influence. CHICAGO GRAIN. —Jau. 26 WHEAT— Open. High. Low. Close. March... 1.60% 166% 1.61% 1.03% May 1.56% 1.00% 1.51% 1.03% CORN— May 07% 67% 66% 67% July.... 6S‘/ 68% 67% 68% OATS— May 43% 43% 42% 43% July 43% 43% 42% 42% PORK— Jan 22 60 22.70 22 60 22.70 May 23.20 23.20 22.60 23.00 LARD— Jau 12.87 13.02 12.50 12 02 May 13.57 13.75 13.50 13.70 RIBS — •Jan 11.85 May 12 45 12250 12 35 12.50 RYE— May 1.46 1.40% 142 1.43% July 1.24 1.27% 1.24 1.25 •Nominal. CHICAGO CASH GRAIN. CHICAGO. .Tun 20 —Wheat -No 1 hard winter. $1.71%® 171% No 2 hard winter. $1.68; No. 3 spring, $1.62% Corn — No 2 yellow, 05%c; No 3 white, 60% @ 61 %c; No 3 yellow, 6U%@o2c; No. 4 white, 58@58%c; No. 4 yellow, 57%@ 59c Oats No 1 white, 4i%®41 %c; No 2 white, 41@41%c; No 3 white, 39%@ 40%c; No. 4 white, 38%@38%C. TOLEDO CASH GRAIN. TOLEDO, Ohio, Jan. 25. Close— Wheat —Cash and March, $190; May, $1.05. Corn—No. 2 yellow, 70c. Oats—No. 2 white, 46%®47%c. Rye- No. 2, $159. Barley—No. 2,72 c. Cloverseed —Cash (1919, $12.85; cash (1920), January and February. $12.60; March, $12.55; April, $10.60. Timothy—Cash (1918), $3.02%; cash (1910), $3.07%; January, February and March, $3 17%; April and May. $3 25; September, $3 50. Alslko Cash, $15.25; (old), sl6; March, $15.50.

PRIMARY MARKETS. (By Thomson & McKinnon.) —Jan. 25—Wheat. Corn. Oat* Chicago 34,04® 1.404,4 MD 223.4)00 Milwaukee ... 3,000 232.000 65,000 Minneapolis . 221.000 25,4))>0 42.<XM Duluth 76.000 38,000 St Louis 83,000 187,000 160,000 Toledo 14,000 28,000 23,000 Detroit 22,000 12.000 22,04)0 Kansas City. 378,000 62.000 12.000 Peoria 8,000 66.48 X) 14.'*)0 Omaha 44.000 42,000 16.000 Indianapolis.. 1,000 104.4 KW 50,000 Total* 884,000 2,283.000 6®,000 Year ago... 638.000 730.000 500,000 —Shipments— YVheat. Corn. Oats Chicago 29,0"0 285,000 124.04)0 Milwaukee ... l.*)**o HT.iSk) 35,000 Minneapolis. 99.4><)0 67,000 44,000 Duluth 20.000 St Lollls 128,0* <0 102,000 140.000 Toledo 21.000 25.000 12.000 Kunsa* City... 302,000 23,4)00 26,000 Peoria 85,000 67,000 Omaha 78,000 112,00 ) 4i,U4)4) Indianapolis 43,000 14,000 Totals 678,000 889.000 604,000 Years ago.. 592,000 466,000 629,000 —Clearances—pora. W. Cora. Oats. Philadelphia . 90.090 Baltlino”o .... 3’JG,OX Totals 416.000 Years ago... 140,000

INDIANAPOLIS CASH GRAIN. —.lan. 26 Bids for car lot* of grain and hay at the call of the Indianapolis Board of Trade were: Wheat —Easy; No. 2 red, [email protected]. C o rn —Easy; No. 3 white, 62%@(!4%c; No. 4 white, 60%@62%c; No. 5 white. 56%@S8c: No. 3 yellow, 62@04%e; No. 4 yellow, 00@02%c; No. 5 yellow, 57® 58%e; No. 4 mixed, 56%®59e; No. 5 mixed, 5\%@54c. Oats —EXy; No. 2 white), 41@42%c; No. 3 whits, 40@41%c. Hay very weak; No. 1 timothy, $23.50 @24; No. 2 timothy, $25®23.50; No. 1 light clover mixed, [email protected]; No. 1 clover hay, [email protected]. s 2 reil, 1 car; No. 3 red, 1 car; No. 1 mixed, 1 car; No. 3 dark northern spring, 1 car; total. 4 cars. Corn —No. 3 white, 8 cars; No. 4 white, 11 cars; No. 5 white, 1 car; No. 2 yellow, 1 car; No. 3 yellow, 2 cars; No. 4 yellow'. 10 cars; No. 5 yellow, 7 4>ars; No. 2 mixed, 1 car; No. 3 mixed, 8 cars; No. 4 mixed, 3 cars; total, 47 cars. Oats —No. 2 white, 6 cars; No. 3 white 3 cars; No. 4 white, 2 cars; sample white, 1 car; No. 1 mix4d, l car; total, 13 cars. Hay—Standard timothy, 2 cars; No. 1 prairie, 1 car; total, 3 cars.

HAY MARKET. The following are the Indianapolis prices for hay by the wagon load; Hay—Loose timothy, new, $22(325; mixed hay, new, $22(324; baled, $21(326. Oats—Bushel, new, 50(g52c. Corn—New, 70@75c per bushel. WHOLESALE FEED PRICES. Ton. Owt. Acme feed $38.00 $1.95 Acme middlings 42.00 2.15 Acme dairy feed 47.50 240 E-Z dairy feed 37.50 1.90 Acme H. & M. 38.00 1.95 Acme stock feed 32.50 1.65 Cracked corn 37.00 1.90 Acme chicken feed 43.75 2.25 Acme scratch 41.75 2.15 E-Z scratch 39.50 2.00 Acme dry mash 48.30 2.45 Acme hog feed 47.00 2.40 Homllk yellow 36.00 1.85 Rolled barley 43.50 2.20 Alfalfa mol 41.00 2.10 Cottonseed meal 41.00 2.10 Linseed oil meul 51.00 2.00 Acme chick mush 51.00 2.10 FLOUR AND CORN MEAL. Corn meal, 100-lb. bag $ 2J.6 E-Z Bake baker's flour in 98-lb. bag ... 10.80

Local Stock Exchange —Jan. 20— STOCKS. Bid. Ask. Ind. Rail & Light Cos. com.. 60 ... Ind. Rail. & Light Cos. pfd... 84 80 Indpls. & Northwestern pfd. ... 75 Indpls. & Southeastern pfd 75 Indpls. St. Ry 64% 58 T. H. T. & Light Cos. pfd.... 68 T. 11., I. & E. com 2 T. H„ I. & E. pfd 10 It Union Trac. of Ind., com 1 Union Trac. of Ind., Ist pfd. 6 16 Union Trac. of Ind. 2d pfd 2 Advance-Rumely, com 18 ... Advance-Rumely, pfd 49 ... American Central Life 235 Am. Creosote Cos., pfd 04% 100 Belt. R. It., com 62 06 Belt R. K„ pfd 45 65 Citizens Gas Cos 30 34% Century Bldg., pfd 91% ... Cities Service, com 235 250 Cities Service pfd 64% 65% Dodge Mfg., pfd 93% ... Home Brewing 65 ... Indiana Hotel, com 68% ... Indiana Hotel, pfd....> 92 ... Ind. Nat. Life Ins. Cos .. Indiana Title Guaranty 59 71 Indpls. Abattoir, pfd 45 50 Indpls. Gas 45 4S Indpls. Telephone Cos. com.. 5 Indpls. Telephone Cos. pfd... 88 ... Mer. Pub. Util. Cos. pfd 44) 50 National Motors * 3 7 Pub. Savings Ins. Cos 2% ... Sterling Fire Insur. Cos 7% 9% Rauh Fertilizer, pfd 45 Standard Oil of Indiana 70 80 Van Camp Hdw. pfd 90 100 Van Camp Pck. pfd 93 100 Van Camp Prods. Ist pfd... 92% 101 Van Camp Prods., 2d pfd... 92 ... Vandalia Coal Cos. com 5 Vandalia Coal Cos. pfd 10 Wabash R. It. pfd 19% ... Wabash R. R. com 8 BANKS AND TRUST COMPANIES. Aetna Trust Cos 106 ... Bankers Trust Cos 118 ... Commercial Nat. Bank 05 71 Continental Nat. Bank 112 ... City Trust Cos 85 Farmers Trust Cos 200 ... Fidelity Trust Cos 121 Fletcher Am. Nat. Bank 256 Fletcher Sav. & Trust C 0... 100 Ind. Natl. Bank 265 285 Iml. Trust Cos 175 190 Live Stock Exchange Bank.. 385 Merchants National Bank... 284) National City Bank 110 120 People's State Bank 187 ... Security Trust Cos 120 The State Sav. &. Trust Cos 95 Union Trust Cos 340 800 Washington Bank Jr Trust.. 150 ... BONDS. Broad Ripple 5s 63 ... Citizens Street Railroad fs.. 70 76 Ind. Coke and Gas 0s ... Indian Ck. Coal & Min. 65.. 92 Indpls. Col. A- Southern.... 8S 97 Indpls. & Martinsville 55.... 53% .. Indpls. & North. 5s 42 47 Indpls. & N. W. 5s 51 Indpls. & S. E. 5s 45 Indpls., Shelby. & S. E. ss. 70 Indpls. St. By. 4s 00 07% Ind pis. Trac. & Ter. 5s 70 Kokomo, Marlon A W. 55.... 77 81 T. H„ I & E 52 Union Trac. of Ind. 5s 62 57 Citizens Gas 5s 73% ... Iml Hotel Cos., 2d 6s 92V* 100% Indpls. Gas 5s 72% 81 Indpls. Light A Heat 0s 73% 82 Indpls. Water 5s 88 91 Indpls. Water 4%s 71 75% Mer. H. AL. pfd. 5s 85% 90 New Telephone Ist 6s 94 ... New Telephone Long Ills. ss. 93% ... Southern Ind Power 6 ... LIBERTY BONDS. Liberty first 3%s 92.10 02.50 Liberty second 4s hl.'.xi Liberty first 4V* 88.(44 88.44 Liberty second 4’*s 88.00 88.24 Liberty third 4%s 9084 91.10 Liberty fourth 4>*s 88.36 88.50 Victory 3%s 97.32 97.52 Victory 4%s 07.32 97.52 —Sales—ss,ooo Liberty second 4’*s at SHOO S.OOO Liberty fourth l l ** at 88.30 2,04)0 Victory 4%s at 97.34

On Commission Row TODAY’S PRICES. I Applet—Missouri Jonathans, per bbl., $8.50; fancy llilnola Jonathans, per bbl., $7.50; extra fancy Grimes Golden, por bbl , st®9; extra fancy Wines.ips. per bbl., $9; Bell Flowers, per bbl., $6.50; Baldwins. per bbl., $5.50; Spys, per bbl., $4.50 ®6: Rome Beauty, per bbl., s.s, Kinuard Red, per bbl , $6; King s, per bbl., $6; Wolf Rivers, per hbl„ $5; None Such, per bbl, $5; Maiden Blush, per bb!„ $4.50; Greenings, per bbl., $5.50, choice Jonathons. per bbl., $6. Beans—Michigan Navy, In bags, per lb., 5@5%c; Colorado Pintos, in bag*, per lb., 10%@10%c; California Limas, in hags, per 11>„ B@9c; Bed Kidneys. In hugs, per ib., 10%@i0r; California Limas, in hags, per lb., 7%@Se; California pink Chill, In bags, per lb, 7%®Bc; Yellow Eyes, per lb., 12c; dried peas, green, per lb., 9c; spilt yellow pea s, iu 60-lb. bass, per lb., 9c; Marrow fat beans, in bags, per lb 12 ®l3e. Beets—Fancy home-grown, per bu . $1.50. Bananas Extra fancy high grade fruit, 50@60u per bunch; per lb., Bc. Cabbage- Fancy Northern, per lb., 2c. ( arrets—lancy home-grown, par bu $1,410. * Celery—Fancy New York (2 3 crate). 4-5 do*., $3.50; per crate. $6; fancy New York trimmed, per ouneb, sl. Cocoanuts—Fancy, per doz’ $1; per bag of 100, $5. * * * > , Iff’- "’‘•-••-Fancy C. C. Howes, per bbl., $1<.50; per bu., $6. 41 rapefruit Extra fancy Florida (Blue Goose_ brand). 40a, per box. *5.75 54c 645, .0s and 80s, per box. }0; 'fancy Florida, os box, *4.2b; 4C> 9 . f4 M); o4a. 64s and ,os, $5; 80s, $5.25; 90s, $4.50. LeMuce-lancy hothouse leaf, per lb.. Je, Iu barrel lots, per lb., 23c; fancy California por Si “o Oranges—Califuruia, all grades, $3,500 ° Ul i^*il FA i nry Indi * n yellow or red 100 lb. b&gg, $1.50; fancy Indiana white, per 100-lb. bags, $1.50; fancy Span Üb, per crate, $2.25. y largo Bikes, per doz., Potatoes—Fancy Michigan and Wisconsin round whites, per 150-lb. bag $" (W 5 or 10-lb. hags, per bag, $2.50; fancy Idaho Genis, per bag, [email protected]. Radishes- Button, large hunches per doz , $1 ; Long Bed, per doz., 400. ' Sweet Potatoes—Fancy Eastern Jerseys, per hamper, $3; Fancy Indiana Nancy Halls, per hamper, $2.25; fancy Indiana Jersey, per hamper, $2.50 Spinach—Fancy, per large basket, $1.65. 1 undos—Fancy washed, per bu, $1.50. crate, $2.50. Kale--Fancy, per barrel, $2.75. Cauliflower Fancy California per crate. $2.75. Oyster Plant—Fancy, per doz, 50c. Leek—Fancy, per doz, 35c. Sagw- Fancy, per doz., 45c. Rutabagas—Fancy Canadian, per 50 lbs., $1; per 100 lbs., $1.75. Peppers -Fancy, per small basket, 75c. Kuiuquats—Fancy Florida, per qt., 25c. Tangerines—Extra fancy Florldas, Ills and 160s, per box, $4.50; X96s, per box, $4: 2165, per box, $3.50. Lemons—Extra fancy Callfornlas, 300s, per box, $4.50@5. Sassafras ltaik—Per doz., 40e. Grapes—Fancy Imperlul Malagas, per drum, sl4. Strawberries—Fancy Florldas, per qt., 75c. CHICAGO PRODUCTS MARKET. CHICAGO, Jan. 26.-—Butter —Creamery extra’s, 45%c; creamery firsts, 45%c; firsts, 38®44%e; seconds, 3*>@36c. Eggs —Ordinaries, 57®5Sc. firsts, 62%c. heese—Twins, 23%e; young Americas, 26%c. Live poultry—Fowls, 31c; ducks, 32c; geese, 26c; spring chickens, 28c; turkeys, 43c; roosters, 20c. Potatoes — Receipts, 39 cars; Wisconsin and Miuuesotas, [email protected].

Indiana Farmers and Bankers Con Affairs Special to The Times. NOBLESVILLE, Ind., Jan. 26.—Twelve of the leading farmers of Hamilton County, who made up the board of directors of the Farmers’ Federation of Hamilton County, and the bankers of Hamilton County met at luncheon today and talked over business conditions. The meeting, which was the first of the kind ever held In the county, occurred at the suggestion of the farmers, who said they were anxious to know In a general way the financial condition of the country and what the prospects are for the bankers to take care of the fanners during the approaching crop season.

CHARGE FALSE SAYSJCHWAE Steel Magnate Crushed by Suspicion of Graft on Ship Board. WASHINGTON, Jan. 26.—A statement exonerating Charles M. Seliwab from an allegation that SIOO,OOO of a general expense voucher for $269,000 In the Bethlehem Steel Corporation accounts was chargd to the Government for ship construction is being prepared by members of the Walsh investigating committee, it was learned here today. NEW YORK, Jan. 20.—“ The Insinuations against me are as false as Judas, but they hurt; God knows how they hurt.” These were the words of Charles M. Schwab as he sat with his white-haired wife at dinner in their Riverside drive mansion only a few hours after he had broken down and wept on the witness stand at the Shipping Board inquiry. "Os course, X know and my friends know, and I believe the vast majority of the people know that I am innocent,” he continued. “But It Is cruel that even one person should suspect, if even for a moment, that after an honorable business carper of forty years I could entertain the mere thought of dishonesty, let alone petty grafting upon my country.” The steel magnate still shows the imental strain he has been under since Friday, when Colonel Abadie, former comptroller of the Shipping Board, testified that a voucher for $269,000 had been found in the accounts of the Bethlehem Ship Building Corporation as Schwab’s personal "expenses” for October, 1918, SIOO,OOO of which was charged to the Government for ship construction. RECORD CLEARED BY TESTIMONY, Subsequent testimony, verbal and documentary. was that the $269,000 was really charged to "general expenses,” that the SIOO,OOO was not billed against the Government and that Schwab had neve reollected a cent from the Federal Treasury, “even his dollar a year.” Schwab had every appearance of a sensitive bt>y who had been punished for some misdemeanor which he had never committed. The hurt was evident in his face, his voice and his words. "Why, be hasn’t slept for four nights," Mrs. Schwab interjected. “I realize it is all settled now and soon will be forgotten," Mr. Schwab continued. "But what a prospect for public servants to face in the future—the certainty that in awpting such service In an emergency they will bare themselves to the basest lies and Intrigues. It seems to have been the same in the past, however, and I suppose it always will be. WOULD ASSUME BURDEN AGAIN. "If a similar crisis were to arise again, and knowing ns I do now the certainty that I would be misunderstood, maligned and pilloried, I would not hesitate to give my country everything I possess—my fortune, my good name, m.v life.” Schwab was asked to estimate the personal funds lie had spent on Government work during the ten months he was director general of the shipping board, in the darkest days of the war. He was reluctant. "I don’t know,” he finally replied. "I should imagine, though, that it would be somewhere around $500, 04k). Y'ou see, there were the traveling expenses of my entire staff from shipyard to shipyard, banquets, prizes to workers, and so on. It all came out of my pocket.” "Mr. Schwab has never been the same physically since his service on the shipping board,” Mrs. Schwab Interposed. "Y'4-s, but it was worth it, my good wife,” was his response. "It was wonderful and at the same time terrible. It was wonderful - to have the unflagging support of such men as President Wilson, General Goethals, Mr. Hurley and Mr. Pioz and the loyalty of the 1.7>00,04)0 men who were building the bridge of ships across the Atlantic to help preserve our civilization. It was terrible to uwake in a cold sweat, almost crushed by the awful responsibility.” (Copyright, 1921. by the United Press.)

Negro Sidles Along Jail Wall Into Cell The next time YViiliam Mosby, 30, negro, giving his address as the 604) block Miami street, has deliveries to make at th* Marlon County Jail, he will walk up t4> the front door In the regulation manner. Mosby was caught today sidling along the Jail wall and was taken to police headquarters by Detective* Houlihan and Long who slated him on a charge of vagrancy. Mosby said he was trying to slip throe packages of cigarettes in to Fred Willis, a jail trusty, who is serving out a "blind tiger” sen tenee. Cigarettes are "verbotea” at the Jail. Kainman Bill Is Hit by Medical Society The Indianapolis Medteal Society, at a meeting at the Indiana Dental College last night, adopted resolutions opposing the. passage of the Katnman House Mil No, 20 by tiie State Legislature. The hni, the re|olntlon states, would lower the educational standards for nurses. A copy of the expression will bo sent to each legislator.

Weather —Jan. 26 The following table shows the state of the weather at 7 a. m., Jan. -6, as obsered by U. 8. Weather Bureaus: Station. Bar. Temp. Weath. Indianapolis, Ind... 30.37 20 Snow Atlanta. Ga 30.14 32 Rain Amarillo, Texas 30.50 26 Clear Bismarck. N. D 30.42 16 Clear Boston, Mass 30 32 10 Clear Chicago, 111 30.52 22 Clear Cincinnati, 0hi0... 30.34 22 Cloudy Cleveland, Ohio 30.54 16 Cloudy Denver, Colo 30.18 18 PtCldy Dodge City, Kan... 30 60 18 Clear Helena, Mont 30.(0 28 Cloudy Jacksonville, Fla.. 30.08 52 Clear Kansas City, M 0... 30.56 24 Cloudy Louisville, Ky 30.30 26 Cloudy little Rock, Ark .. 30.30 40 Cloudy Los Angeles, Cal.. 30.00 52 Cloudy Mobile. Ala 30 08 58 Clear New Orleans. La... 30.20 58 Clear New York, N. Y... 30.48 10 PtCldr Norfolk. Va 30.44 28 Cloudy Oklahoma City 30.56 30 Cloudy Omaha, Neb 30.60 22 Cloudy Philadelphia, Pa... 30.48 16 PtCld.v Pittsburgh. Pa 30.12 12 PtCldy Portland, Ore 29.72 40 Cloudy Rapid City, S. D... 30.48 14 PtCldy Roseburg, Ore 29.60 42 Cloudy San Antonio, Tex.. 30 46 42 Clear San Francisco, Cal. 29.80 48 Cloudy St. Louis, Mo 30.40 24 Cloudy St. Paul, Minn 30.00 12 PtCldy Tampa. Fla 30.10 56 Clear Washington, D. C.. 30.50 16 PtCldy WEATHER CONDITIONS. The disturbance over Kansas Tuesday morning lias been pushed southeastward by the field of high pressure in Its front., and now overlies the eastern Gulf region. It has caused precipitation from the middle Mississippi Valley to the Soqth Atlantic States, and was followed b.v colder weather over most of the Mississippi Valley and the Southeast. Temperatures in the western part of the oountry have risen under the Influence of the disturbance pushing In over the Pacific region. J. H. ARLINGTON, Meteorologist, Weather bureau. ERICKSON AD SPEAKER. "Keep Your Advertising Healthy” will be (he subject of an address by H. E. Erickson at the weekly luncheon of the Advertising Club of Indianapolis at the Chamber of Commerce Building tomorrow. _ j 1

COURT REFUSES SQUATTER TITLE Miller Loses Suit Against City for Sellers Farm. A finding In favor of the city of Indianapolis and the Indianapolis Reduction Company, defendants In an action bronght by John C. Miller. Jr., in Superior Court, Room 5, to quiet title to the Setlers farm near the junction of Eagle Creek and White River, was rendered today by Judge Fremont Miller of Johnson County, special judge. The court held that title rests In the city. Miller sought title to the small strip Os land in the river bottoms under “squatters' rights,” holding that his father occupied the land tor more than twenty-seven years, having spent the first days living In a hollow' tree. The city has located the garbage reduction plant on the farm and the sewage disposal plant also will be located there.

PORTER COUNTY LOBBYISTS BUSY Push Park Plan Asking $1,000,000 Aid. Indiana’s proposed Dune Park will be about one part dunes and ten parts park if the plans of Porter County lobbyists, in Indianapolis today, can be worked out. The proposed park has a frontage of four miles on Lake Michigan and extends in varying widths twelve miles inland, or nearly to Y alparaiso, the county seat. The lobbyists point out that Inside this area are thirteen small lakes, and that Lincoln Highway is only two miles below its southern extremity. They declare they can raise $1.000.0(X) if the State will provide another $1,1X10,000 for the establishment of a park in this particular place.

TERMINATION OF TRUSTASKED Miami Mortgage Company Files Petition. A petition asking that a trust known ns the Miami Mortgage Company be terminated and liquidated w'as filed today in the Marion County Probate Court by James F. T. Sargent, J. Edward Kellar and Major A. D4>wning as trustees and Edgar T. Shaneberger as cestiuls que trustent against Samuel D. Kingsbury and forty-one other defendants, including the subscribers of stock of the company. The Miami Mortgage Company, an express trust, was organized on May 31, 1920, by J. Edward Keliar, Fred J. Ostermeyer and Harold C. Johnson, all of Marion County, Charles J. Higgins of Wayne County, Michigan, and Charles R. Vincent of Cook County, Illinois. The plan was to obtain and control certain properties and the sale of stock was undertaken, according to the petition. *lhe petition gives the names of thirty-eight persons who bought stock, including the iate Gaston Chevrolet, race driver, who was killed iu an accident ou the Pacific coast. Following the resignation of some of the officers of the company and the failure (and a quorum to attend a director’s meeting, the plaintiffs filed suit to have the trust terminated and liquidated.

PENALTY CLAUSE NOT ENFORCED Works Board Fixed §3O Charge Beginning Aug. 15. Since Aug. 15 the board of public works has been failing to make any attempt to collect from the Indianapolis Street Railway Company the penalty of SSO per day for failure to repair its tracks and pave between and beside them in West Washington street from Belmont avenue to a point 53S feet west of Harris avenue. The board on July 12 Issued an order directing the company to complete the work by Aug. 15 or pay the SSO per day penalty. The company has not even started the work. These facts were brought out today when the board conferred with City Attorney Thomas B. Stevenson and Assistant City Attorney Ilixson H. Bynum upon the defense whieh the city will make In Superior Court, room 3, tomorrow morning to a suit brought by sixty-nine West Washington street property owners. The property owners, who reside In the section described, seek to have the final approval of the assessment roll for the resurfacing of the B(H-tion of street set aside. In order that they can remonstrate against it, or have the court review the assessments. It is alleged In the complaint that the board of works promised property owners that if they would not remonstrate when the resolution was first considered it, would not assess them until the street railway company had improved its tracks. The board did not state what Its defense would be. The resurfacing Job cost $42,221.15 and the completion date was fixed at July 1. Examination of the records disclosed that the board issued the order to the street car company. Several informal conferences were held with officials of the street railway company during August and a solemn promise was made to begin the track work by Sept. 15, board members etated.

Generous Member Is in Police Grip Again John Yanos, who first came into the public eye last fall, when he handed Police Sergeant Clifford Richter at Union Station a roll of bills amounting to approximately $4,000, telling the officer to taka it. as “I have enough left,” again is in the hands of the police. He w'as taken to headquarters last night by George riatchio. Y'anos, who, Platchio said, bad been living on Concord street, refused to talk and he was locked up for observation. A little later a watch and envelope containing a SIOO Liberty bond and stock certificate were found on the floor of the celiroom where Yanos bad thrown them. Y'anos is a ward of the Fidelity Trust Company, She guardianship resulting from the Union Station affair. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying $1.75 for No. 1 red wheat. $1.72 for No. 2 wheat and $1.69 for No. 3 red.

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MINE MURDER TRIALS OPENED IN ARMED CAMP Soldiers Guard Courthouse for Cases Resulting From Matewan Battle. THRONGS PACK TOWN WILLIAMSON, W. Va., Jan. 26.—Amid the sotting of an a rmcil camp, the people of this town flocked to the courthouse today to witness the biggest and most dramatic legal battle in the history of this section of the country. Twenty-fonr men are to be tried before Judge R. D. Bailey in the Circuit Court on a charge of murder. They are accused of having killed seven of twelve Baldwin-Felts detectives in a gun battle at Matewan during coal strike disorder*. Long before the court was scheduled to open the streets about the courthouse were crowded with men and women. Soldiers of Company G, 19th Infantry, fr4,m Camp Sherman, Ohio, were on hand for any emergency. The courtroom could hold only about a fourth of the throng clamoring for admission. Hundreds had to content themselves with standing in slush-covered streets. From Matewan, the little mining village nestling in the foothills on the Kentucky-West Y’irglnia border, came Sid Hatfield, chief of police of the vil_ lage and the central figure both in the gun battle and the legal drama which is now getting under way. “Smiling Sid,” as he is known to his friends, did not appear to think that the fight was anything extraordinary, which may be attributed to the fact that he was a member of a famous old feudist clan and was reared in a country where gunplay Is common. The fight lasted less than two minutes, but cost ten lives. “Just a little free-for-all,” said Hatfield. Close to Judge Bailey sat Cos!. Herman Hall, in charge of the Federal troops. In a little chamber adjoining was a sergeant ready to give a signal that would bring a company of regulars, armed with rifies, Into the courtroom. R. B. Page, the only negro among the defendants, could not be found, and his SIO,OOO bond was forfeited. The first case called wag that of Sid Hatfield, the 27-year-old chief. The widow of C. C. Testerman, mayor of Matewan, who was killed in the gun battle, is now Hatfield’s wife.

Appears Before Cops After Raid at Home George Gibbs, 27, 1101 South Capitol avenue, surrendered to the police today and was slated on “blind tiger” charges , following a raid on his house ny Lieui tenant Winkler and Federal agents eur- ; lier in the day. Police say a still and a quantity of “white mule” were found at Gibbs’ home. ' Marriage Licenses Leonard Jones, Arcadia. Wis 20 Ethele Brown, 2623 East Michigan st.. 20 Harold Manning, Washington Hotel.. 45 Lulu De Witt, 2315 Beilefontaine st... 43 Edward Denny, 832 S. Pennsylvania st. 21 Mabel Lewis, 849 S. Pennsylvania st.. 17 William Winegard, 1907 Hoyt ave 22 Helen Saunders, 1907 Hoyt ave 19 ! Charles Walker, 240 N. Davidson st... 21 j Josephine Herr, city 20 James Sheviin, 514 W. Merrill st 30 [Kathleen Delaney, 38 N. Kealing ave.. 27 4’lark Corya, 9CI E. Maryland st 17 Minnie Silence, 937 N. King st 28 Earl Stutsman, 1513 De Loss st 25 Juanita Oreque, 1526 De Loss st 19 John De Grost, 1012 W. Thirty-second. 29 4’arrie Lohrmann, 2418 Prospect 21 Jerome Maginn, 917 E. Thirtieth st 23 Mary Litzelman, 2939 Brookside ave.. 21 Births Ross and Meredith Reynolds, 1123 West I Twenty-Seventh, girl, j Ernest and Glenna Levi, 658 Fletcher, 1 girl. Fred and Hannah Parker, 5009 Easts i New Y ork, boy. ! Patrick and Delia Cleary, 234 North : Temple, girl. Kenous and Martha Henderson, 2039 i Hazel, boy. Charles and Rosa Mitchell, 141S Hoefgen, boy. Joseph and Marguerite Camp, 1502 Ator, girl. Charles and Lennle Coast, 211 Mlnkner, boy. Laverne and Leota White, 2314 Wheeler, boy. John and Lottie Schliesman, Deaconess Hospital, boy. John and Nellie Peterman, 2503 Shelby, boy. _ Godfrey and Cecelia Yeager, Long Ho*, pital. girls (twins). Glenn and Ruth McKlnzle, 3314 Hovey, girl. George and Inez Grleslnger, 215 West North, boy. Isaac and Edna Vandenaore, 9CO Earhart, boy. Argle and Ruble Newport, city hospital. girl. . .. I-ouis and Alderretta EUlngham, city hospital, girl. James and Gretchen Aydelotts, SIS East Henry, boy. William and Agnes Baker, SO2 South Howard and Lillian Fall, 52!7 East Minnesota, boy. Carl and Helen Dongler, 1110 Cons gress, girL Deaths Michael B. McCord, 69, 1300 Nordyke, acute laryngitis. Emma Laura Keene, 05, 121S North Sheffiald, organic heart disease. Thomas W. Johnson, 84, 1950 Ludlow, acute lobar pneumonia. Charles Day, S2, City Hospital, hypostatic pneumonia. Lucinda Johnston. 77, 855 North Dearborn, mitral regurgitation. Mary K. Wehlnger 65, 910 South Delaware. mitral insufficiency. Tremont Hunt, 63, city hospital, chronio mrvocarditis. Della Ramsley, 35, city hospital, lobar pneumonia. Charles J. Pickens, 60. Lon* Hospital, chronic interstitial nephritis. Richard F.astepp. 26, city hospital, pulmonary tuberculosis. Josephine Collier, 40, 423 West Twelfth, broncho pneumonia. Catherine Y'eager, 10 hours. Long Ho* pital, patent foramen ovale. Ernest W. Keske, 71, 1301 Spann, ar terio sclerosis.

DOVE BRAND HAMS fHave a Taste You Can’t Forget