Indianapolis Times, Volume 35, Number 194, Indianapolis, Marion County, 27 December 1923 — Page 11

THURSDAY, DEC. ms

SLOSS-SHEFFIELD .ESTABLISHES NEW 1923 RECORD HIGH Stocks Maintain Strong Undertone, With Leaders Showing Activity. 'STEEL REPEATS AT 98 Locomotive Shares Receive Attention, Due to Dividend Position. The WALL STREET JOURNAL NEW YORK, Dec. 27.— Trading was active at the opening of the stock market today, and although the price changes were somewhat Irregular, the trend was still decidedly upward. Locomotive stocks were strong. Rumors were again current that American Locomotive will pay an extra dividend early in the year. Whether it does or not the $6 dividend is regarded as sure, as American Locomotive has unusually large cash holdings and is in exceptionally strong financial conIBtion. United States Steel .shortly after the opening repeated its Wednes day’s high of 98. First Hour Stocks maintained a strong tone through the first hour, with Steel, ipnldwin and other leaders displaying the greatest activity. New highs on the present movement were reached by many specialties, while Sloss- . Sheffield went into new high ground Ifor the year. The floating supply is lextremely limited. Sloss advanced ■mints on transactions of 3.300 shares nn the previous session. A marked buoyancy was noticeable In practically every section of the list. Second Hour Stocks were held back in the late morning by selling for the account of a financial service which sent overnight wires to Its clients advising a short position lh stocks like Baldwin Corn Products, Famous Players, Can. Dupont, Crucible, Woolen, Chandler, Studebaker. Cuba Cane preferred. Steel and Bethlehem. However, the service warned that 40 points margin might prove necessary in the event of a continued rise. This selling was absorbed without serious setback. Noon Hour. Around noon the forward movement was resumed under the lead of Steel common, wh.ch made anew high on the movement at 98%. while Lima Locomotive made its best price present upswing at 67% on the of an increase 1-- a $6 tSaSis -from the present ?4 rate. There is no doubt that the recent strength of stocks has been due partly to Washington developments, particularly the bel.ef that the M 1lon tax plan will go through. There is also a grow.ng bel.ef that the bonus bill will meet w.th defeat. Fourth Hour Reactionary tendencies became more pronounced in the afternoon when heavy selling took place in some low-priced stocks as Saturday will be the last day for the registering tax losses. Transactions for this purpose on Monday will have to be for cash. Many stocks sold before Dec. 1 will be bought after the first of the year. Despite the irregularities Created by these year-end adjustments, however, pivotal issues like Stee Baldwin, Studebaker. and American Can continued to display a steady tone. Twenty active industrial stocks on Wednesday averaged 95.61. up 1.19 per cent. Twenty active rails averaged 80.12, up .28 per cent. Local Bank Clearings Indianapolis bank .dearinKs, Thursday were $3.795,000; bank debits were $7.779,000. New York Money Market Bu United Financial NEW YOitK. Dec. 27.—Time money market quiet at 5 per cent bid and offered all datffs. Commercial paper, prime names. 4 % per cent.

Produce Markets

INDIANAPOLIS. Dec 27 —Fresh egg*. lou off. 350: packing- stock butter. 27c: springs over 2 lbs.. 18c: fowls. 4% lbs up. 20c; fowls under 4'A lbs.. 17c; Leghorn poultry, 26 per cent- discount cocks. 10c; stags 12c: capons. 7 lbs. up. 25c; young tom turkeys. 12 lbs. up. 25c; young hen turkeys 8 lbs. up. 25c: old tom turkeys. 20c: ducks, 4 lbs. up. 17c: geese. 10 lbs. up. 17c: •auabs. 11 lbs to the do*.. $5: young guineas. 1% lbs. to do*.. *7; old guineas, do*. S5: rabbits, drawn. No. 1. do*.. $3 Indianapolis creameries are paying 50c per B>. for butterfat CHICAGO. Dec. 27.—Butter—Receipts. 8 305: creamery extra. 53',4c: standards. 50c firsts. 1414 04? seconds. 43® 43 Vic. Eggs—Receipts. 3.761; ordinary firsts. 32 <8 36c. firsts. 38® 38c. Cheese— Twins. 23Vic; Young Americas. 26c. Poultry—Receipts. 10 cars; fowls. 15 022 c; ducks. 21c: geese. 17c: turkeys. 34c: springs, 19c: roosters. 1.4 c. Potatoes—Receipts. 239 cars: Wisconsin round whites. $1.1501.26; Minnesota and North Dakota U. S. No. 1. *1.2001.25. fancies. $1.35. CLEVELAND. Dec 27.—Butter—Extras, in tubs lots, 57 Vi Ss9V*c: extra firsts. 66 V @6B He: firsts. 550 57c: packing stocks, 82 Vi 635 Vic: standard. 55 Vi @57 Vic: prints lc extra. Eggs—Fresh gathered northern extras. 45c: extra firsts. 43c: Ohio firsts. 41c: western firsts. 39c. Poultry—Lire fat fowls, 21 0 23c; springers. 20® 22c: Leghorn fowls, 15c; old roosters, 14® 15o; gees>. 18 @2le: hoary white ducks, 24 @ 25c: lirht colored ducks. 19 620 c: medium fowls. 19@ 20c: turkeys. 30c. Potatoes—Michigan round whites. $1.7502.50: Ohio. $202 25: Minnesota whites, branded. *1.3501.50; New York. *2.25 0 2.75: all in 150-pound lota TRAFFIC MEN TO FROLIC Will Shine at Sererin B in Annual Rail Tonight members of the semaphore squad, agile protectors of our street corners, will take their families to the affair of their lives tonight in the Rainbow room of the Severin, the first annual Trafflcmen's hall. Dancing, vaudeville acts and other entertainment are provided in the program. Sergeant Shine, chairman on arrangements, is being aided by Traf flemen Lambert, Record. Cox, Jones, Sweeney. Sylvest, Cavens, Thomas, Allison and Lacey. - Police Chief Rikhoff. Mayor Shank and newspaper men have been invited.

New York Stocks

Railroads— At 12 :*5 Prev. High. Low. p. m. close. Atchison ... .96 % 96 96 96 % B. & O. .. 58%% 58% 58% 68% C. * 0 71 .... 71 70 V C. & N. W. R. 48% 47% 48% 48% C.. R. &P. 21% 21% 21% 21% Erie Ist pfd 29% 29% 29% 30% Gt. No. pfd.. 53% 52% 52% 56 Lehigh Valley 59% .... 59% 80 Mo. Par. pfd. 28% 28% 28% 29 N. Y Cen.. . 104 % 104 104% 103% No. Pacific... 52% 51% 52% 51% Pere Marq. . 41 % 41 % 41 % Pennsylvania. 41% .... 41% 41% Reading .... 78 % 77 % 78 % 78 % So. Railway. 37% 37% 37% 37% So. Pacific.. . 87 % 87 87 St. Paul pfd 23% 22% 23% 22% Union Pae. 127 176% 127 127% Wabash pid. 34% 34% 34% 34% Rubbers— Kelly-Sps.... 33 32% 33 32% IT. S. Rubber 38% 37% 38% 37% Equipment*— Am. L0c0... 76% 75 76 74% Bald. Loco.. 126% 126 126 136 Gen. Electric 196 195 196 196 Lima Loco.. 67% 66% 37% 66% Pullman ...124% 122% 134% 122 West. Elec.. 61% .... 61 61% Steels— Bethlehem.... 54 % 53 % 54 53 % Crucible OS % 67% 68% 67% Gulf States.. 84% 83% 83% 84 Rep Iron & S 51 % 51 51% 50% U S Steel... 98% 97% 98% 97% Vanadium ... 31% 31 31% 31% Motors— Chandler Mo. 68 ... 67 67% Gen Motors.. 14% ... 14% 15 Max Mo “A” 49% 48% 48% 48% Max Mo “B” 13% 13% 13% 13% Studebaker . .107% 106% 107% 107% Stewart-W... 91% 90% 91 90 Willys-0 10% ... 10 10 Oils— Calif Petrol. . 27% 26% 26% 26% Cosden 30% 36% 36% 30% Houston Oil. . 72 % 71 % 72 % 72 % Mar!and Oil.. 39% 38% 39 38% Pan Am Pete. 64 ... 63% 63%

Your Dollar Uncle Sam Tells Who Gets It,

SWEATERS jy Cer?Te> nn fy Profit & If Overhead c-p. f 'nc/criing 1 L Taxes \ il7 ~ —-J CenTfe J i Cents / M I Labor-/ nßre - J \ / rials, J/ © 1923 By Ralph F Couch. Vah,D<ii mHE sale of sweaters increases yearly with the growing vogue for outdoor sports. Ten years ago the clothirg store carried a few on the back shelf. Now there are whole stores devoted to the sale of sweaters alone. The yarn In the sweater is the greatest factor in its cost. Out of every dollar which the maker receives, 60 cents goes to pay for his materials, according to data gathered by the United States Government. Seventeen cents goes to There is left 23 cents for profit and overhead, including taxes. The knitters and other employes of the sweater maker could be given a 10 per cent wage increase and the manufacturer would have to add 1.7 cents to each dollar he received to make up for it. A 10 per cent increase in his materials would add 6 cents. NEXT: Envelopes DECIDED IRREGULARITY MARKS EARLY CURB TRADE Prairie Oil and Gas Shows Nine-Point Gain—Losses Scattered To the Editor of The T\me* NEW YORK, Dec. 27.—Decided irregularity marked early dealings In the curb market today, the recessions being more pronounced than among industrials. A few good issues stood out. Prairie Oil and Gas in the petroleum depart ment being up 9 and Gold Dust in the industrials up 1% at 31%. Oils acted as though the important advances in crude oil prices had been discounted. Profit-taking was heavy and this brought reaction from the early best levels. Mutual oil hit 13% only to react to 12%, Magnolia gained 2 while Imperial of Canada dropped 1 and Gulf of Penn., 1%. Centrifugal Castiron Pipe lost 1% and Checkered Cab after starting better at 40 went down to 37%.

MARLAND OIL BONDS FEATURE EARLY TRADE Cuba Cane Eights Touch New High Ground on Movement. Bu United Financial NEW YORK, Dec. 27.—The feature of the early bond trading today was another sensational rise In Marland Oil bonds. Eights with warrants advanced to a high of 137. then reacted to 135, up 5 from Wednesday's closing. Cuba Cane Eights reached anew high on the move at 96 Vs and Eastern Cuba Sugar 7s went to 107 Vi- PuntaAllegro Convertible 7s 110V4. off D. & R. G. refunding 5s sold at 38ViSeaboard Adjustment 5s 43 V 4. off Market St. Railway Convertible 5s made anew high at 94. French 7%s 92Vs, up V. Liberties generally steady. Tank Wagon Prices Gasoline pricee quoted do not include State tax of 2c a gallon.) GASOLINE —Energee. 10c a gallon: Purol. 12.2 c; Red Crown 12.2 c; Target 12 2c: Silrer Flash. 16c; Standolind aviation, 10 08c. KEROSENE —Crystallne. 10.76 c; Moore Light. 15c: Perfection. 10.75 e. NAPTHA—Lion Power cleaner*. 25.1 c: V. M & P., 22.1 c: Standolind cleaner*. 22.6 c. Dressed Beef Prices Wholesale selling pricej on dressed beef. Swift A Cos.: Ribs—No. 2. 30c; No 1. 17c. Loins—No. 2. 25c; No. 3.18 c. Rounds— No. 2. 20c: No. 3,15 c. Chucks—No. 2. 18c No. 310 c. Plates—No 2. 8c; No 3.7 c. Raw Sugar Market Bu l nited Financial NEW YORK. Dee. 27.—Raw sugar market opened steady. January. 539 0 5.40 c. March, 4 6904.69 c; May. 4.7304.76; July. 4.79®4 81e. In the Cotton Market Bu United Financial NEW YORK. Dec. 27.—Cotton market opened higher. January, 35.85 c. cp 16: March. 36.30 c. up 26; Mag 3G.50c, up 29; July. 35.70 c. up 27.

fßy Thomson A McKinnon! —Dec. 27

12:45 Prev High. Low. n m close Psn-A Pete 861 % ... 61 % 61 % Pro and Ref. 35% 34% 35% 34% Pure Oil 25 % 24 % 24 % 25 Std Oil of Cal 83% 62% 63% 63% Std Oil of N J 38% 38 38% 38% Sinclair 27% 27 27% 27 Texas Cos 43% ... 43 43% Mining*— Gt North Ore 29% 28% 29 29% Int Nickel... . 13% ... 13% 13% Coppers— Am Smelting 69% 68 58% 67% Anaconda.... 36% 36% 30% 36% Kennecott.... 33 % ... 33 % 33 % Industrials— Allied Chem,. 69% ... 69% 69% Amer Can ..105% 104% 105% 104% Amer Wool. 74% ... 73% 74 Cent Leather 13% ... 13 18% Com and Tab 90 ... 95% C 0 Cont Can ... 58% 55% 56 50% Davison Chm 73% 71% 72% 73% Fam Players. 72% 71% 72% 71% Gen Asphalt. 42% 40% 41% 43 Int Harvester 77% ... 77% 77% May S-ores. . 91 ... 90 91% Mont Ward.. 24% 24% 24% 24% Nat Lead ..140 ... 143% 145 Sears-Roebk. 87 % 87 87 % U S C I Pipe 07% 06% 67 68 U S Ini Alco 09% 68% 68% 68% Utilities— Am T and T. 124% 124% 124% 125 Con Gas ... * 61 % ... 61% 61% Col Gas 35 % ... 35 % 35 % Shipping— Am Int Corp 23% 22% 23 23 All Gulf .18% ... 18% 18% Int M M pfd 30 % ... 29 % 29 % Foods— Amer Sugar. 57 66 56% 65% Corn Prod ..160% 157% 158% 160% Cu Cn Sug pf 06 % ... 63 % 65 % Cu-Am Sugar 34% 34 34% 34% Punta Alegre 58 % ... 58 67 % Tobaccos— Gen Cigar ..96% ... 96% 97 Tob Prod B. 70% ... 69% 70%

MIXED TONE IS NOTED IN GRAINS Wheat and Corn Weaken, While Oats Hold Steady, Bv United Financial CHICAGO, Dec. 27.—Grains were Irregular at the start of trading on the Chicago Board of Trade today. Liverpool’s failure to respond to Wednesday’s advances, and advices from the Argentine that receipts at the seaboard are on the increase, caused wheat selling. Export business was limited over night, only 100,000 bushels, all Canadian, being worked. Trading was light and mostly local. Following a strong and higher opening, corn met realizing sales and receded fractionally. Weather over the West and Middle Western fields was unfavorable for field operations and hauling. Oats went up with com. > <ut maintained steadiness with light receipts and buying by those attracted by the cheapness of the grain. Provisions opened sharply lower, due to general hog weakness, larger receipts at stock yards than expected and predictions of increased arrivals Friday. Chicago Grain Table (By Thomson & McKinnon > At 11:45—Dec. 26. WHEAT— Prev Open. High. Low Close. close. Dec.. 1.01% 1.01% 1.00% 1.01% 1.01% May . 1.07 107 1.06% 1.06% 1.07% 1.07 July.. 1.03% 1.05% 1.05% 1.05% 1.05% CORN— Dec.. 09% .69% 69 .69% .69 .69% May.. .73% .74% .73% .73% .78% .73% .73% July.. .75 75% .74% .75 .74% .74% OATS— Dec. . 41% 41% 41% .41% 41% May . 45 .45 44% .45 .44% 44 % July.. .42% .42% 42% .42% .42% CHICAGO. Deo. 27.—Primary receipts: Wheat, 597.000 against 1.654.000; corn, 1,043.000 against 2 237.000: oats. 773.000 against 883.000 Shipment#—Wheat. 380.000 against 954.000: corn, 746 000 against 072,000: oats, 483.000 against 637.000.

Grain Briefs

CHICAGO. Dec. 27.—Domestic wheat prices are still above the world's basis and will have to be adjusted In order to meet competition. Longs in com are discouraged by free offerings, weak cash situation, further liberal deliveries and additional sales to store and are attempting to eell out. Thrashing of wheat in northern districts of Argentina is progressing favorably. The yield Is satisfactory. Receipts at the seaboard are on the Increase. A revision of figures on exports of domestic wheat flour from July 1 to Nov. 30 Indicates the actual movement was about 1,100.000 barrels less than previously reported. B. W. Snow declared. While wheat supplies In most countries are In excess of demand, prices are not high. All the good wheat in the United States will find an outlet in foreign and domestic mills. The most difficult task, however. Is to find a market for the medium and ordinary grades. There is now in store at Canadian terminal* and on wheel actually billed within about six million of the total capacity. Local Wagon Wheat I>ocal mills and elevators are . paying $1 for No. 2 red wheat.

Business News

NEW YORK, Dec. 27.—The Sinclair Consolidated Oil Corporation has received cable advices from representative at Tehran to the effect that a concession has been signed giving the Sinclair Interests oil exploitation rights in four northern provinces of Persia. NEW YORK —St. Louis Rocky Mountain and Pacific Railroad directors have passed the usual common dividend. They declared the regular quarterly 1 Vi per cent preferred dividend. President Van Houven says the earnings of the company In 1923 have been far below normal and the outlook for a return to normal conditions, while giving promise of improvements, makes it advisable to conserve surplus cash. Building Permits F. H. Hurt, replace furnace, 812 E. Thirteenth, $470. Western Oil Refining Company, addition. 1130 Chadwick. $4,800. Henry L. Gold, repairs, 1600 Columbia. $5lO. Indianapolis Tire and Battery Shop, bell board, 626 N. Meridian. SSOO. William H. Mohs estate, remodel. 1127 Shelby. SSOO. James Hurt, garage. 4702 Winthrop. S2OO. Test estate, wreck. Market and Circle, $2,000. Capitol Warehouse Company, sprinkle system, 1952 Madison, $35,000. w. L. Van Sant, garage. 4312 E. Washington. S2(|o. Woman Tourist Burned Mrs. Frances Mansfield, en route to Florida with her husband and five children. Is at the city hospital recovering today from bums received ■when a coal oil camp stove exploded. She was cooking the evening meal ori Wednesday night where the auto party had parked at Maryland St. and Senate Ave.

THE LN DIAiS APULiIS TIMES

HOGS SELL 5 TO 10 CENTS LOIR Sizeable Shipping Orders Are Not in Evidence, Hog Prices Day by Day Dec. 250-300 lbs. 200-225 lbe. 150-180 Iba. 19. 7.104* JT.IS 7.004* 7.10 7.00 20. 6.95® 7.00 6.90 4t 6.95 6.85® 0.90 31. 0.90® 7.00 o.Bo® 090 6.75® 860 22 7 00® 7.10 6.904* 7.00 6.86® 0.90 24 7 40® 7.50 7.35® 7.40 7.26® 7.35 20. 7.35® 7.40 7.30® 7.35 7.25® 7.40 27. 7.25® 7.30 7 20® 7.25 7.15® 7.20 Hog prices slipped backward slightly in trading at the local livestock market today as the result of continued heavy marketing and a rather j severe scarcity of sizeable shipping orders. The decline was generally 5 to 10 cents, carrying the top a dime lower at $7.30 and the bottom 10 cents lower to $7.15. Lights sold from $7.15 to $7.20, though generally at the latter fi ,ure; mixed hogs sold from $7.20 to $7.25 and heavies from $7.25 to $7.30, though generally around $7.25. The decline in the general market, how'ever, was not reflected in the rough and pig markets and prices for pigs at $6.50 down and sows at $6.25 down remained unchanged. Total receipts for the day touched 16,000, inclusive of Wednesday’s unsold numbering 160. Compared with a week ago, the top for heavies was 30 cents higher and the bottom for lights 65 cents higher, reflecting the general increase of last week-end and the sharp upturn at the opening of the current week. Trading in the cattle market was more quiet than On Wednesday, but prices held generally steady on most grades. If there was any discernible weakness In prices It effected only steers, which have arrived at the yards In more plentiful numbers this week. Receipts. 900. The feature of the day’s market occurred in the calf department, in which prices for veaJs jumped $1 to $1.50 to a top of $14.50 for choice calves whilo the bulk sold from $13.50 to sl4. Light receipts of 350 and an unusual eastern demand accounted for the advance. Sheep and lamb prices were unchanged. with lambs selling down from sl3 and sheep down from $6. Receipts, 100. —Hog*Choice light* * 7,15® 7 20 Light mixed 7 15® 7 .0 Medium mixed 7 .0® 7.2a Heavyweight* Zi-H - Bulk of sale* —■ ■• - 7 15® 7.20 8 00® 650 Packing ion 5.75® 6.25 —CattleFew choice etecr* TANARUS: $lO 00® 11.25 I*rime corn-fed steers. 1.000 to 1 800 lb* P 00® 9.50 Good to choice steer*. 1,000 to 1,100 lbs 8.50® 9.00 Good to choii'e steer*. 1,000 to 1 200 lb* 750® 8.00 Good to choice steer*. 1.000 to 1.700 lbs 0 50 ® 7.50 Common to medium *teer. 800 to 1,000 It* 5.00 ® 7.00 —(ovrt and HdffW— Good to light heifer* $ ST!?! 1 ?™ Good hfHivywelrhti t '-•><s 2 *fV Medium hFifcm LxX Common cowg 2251? 292 Fair cowi >2r 49 & vr-v.v.v/.v. lilt 3.75 —Bn UaFancy butcher bull* $ 555*3 ? 95 Good to choice butcher bull*. 5 00® 550 Bologna bull* 4.60® 5.00 —Calvea— Choice veal* $18.00014.50 Good veal* 10.0012 00 Lightweight veal* . . 7 50® 800 Common veal* 1®?/% Z no Common heavies 700 Top 1450 —and leMnb* Extra choice lamb# ,1 2S5!8JnSn Heavy lambe - ?55!'i , 2 55 Chill lambs 555,X -55 Good to choice ewe* 4 00® , 00 Cull* 2.00® 3 00

Other Livestock CHICAGO. Dec, 27.—Hogs—Receipt*. 01.000: market slow, 10c off; top, $7.20: bulk, $6 6507 10: heavyweight, $8.9507.20: medium. Jfi [email protected]; lights, $0 6007. light lights $6.400 6.85: heavy packing, smooth. *0 4006 00: packing sows, rough. *0 250 0 40: killing piga. $3.2500.25. Cattle— Receipts, 14.000; market beef steers very | uneven: desirable yearlings active, steady: lower grad-. and practically all weighty steers. 25u lower; spots more; killing quality plain; beet light yearlings $11: few other lots, including mixed steers and heif era *lO 50010.75; comparatively few heavies sold: bulk short fed steers. so@ 9 76: plain quality, warmed up kinds, $5.73 0 0.25: Stockers and feeders scarce, slow; she-stock strong: bull* 16c up. vealors. a scramble for number*, trade $1 to $1.50 up; packers paring *llOll 50 and up to *l2 for vealers; outsiders sl6 and above Sheep —Receipts, 20.000; market active: fat lambs ! uneven, steady, sheep steady: feeding lambs. $9.25 and up: bulk fat wooled lambs, *l3 0 i 13 25: some held higher; medium fat ewes. $8.25; choice feeding lambs. $12.25 012.50. CINCINNATI. Deo. 27.—Cattle—Receipts. 500; market steady: shippers. $7.5009 25. Calves—Market uneven. $1 to $3 higher; extras. *l3 015. Hogs—Receipts. 6.700, market slow, steady to 20c lower; good to choice packers. $7.45 Sheep—Receipts, 100; market steady: extras, $4.50 0 6.50. Lambs—Market steady; fair to good, $12.50 013. KANSAS CITY. Dec. 27.—Hogs—Receipts. 11,000 slow, uneven. 5®150 lower to shippers; top, $7.15; bulk desirables 185-235-pound averages, $0 850 7; packing sows mostly $0.350 0.50; Stocker pigs strong to 15c. higher: bulk $60)5.50. Cattle—Receipt*. 400; beef steers slow; few early sales mostly $7.7509.40: looks steady nothing choice offered: better grades fat cow* and heifers fairly active: strong to 15c higher: Stockers and feeders slow, steady; few easly sales $0.6507.15. Sheep —Receipts. 6.000: early sales lambs about steady: $12.90 paid: some held higher EAST BUFFALO. Dec. 27. —Cattle—Receipts, 450; market, fairly active to steady, shipping steers, $8.50 010 75- butcher grades. $7.76 09; cows, $1.50 0 0.50. Calves —Receipts, 100: market, active to 50c higher; cull* to choice $4014.50. Sheep and lambs—Receipts. 3.000: market, slow to 25c lower, sheep active, steady: choice lambs, sl3 013.75: culls to choice, $8 0 12.50; yearlings, $7.50011.50: sheep. s3® 8.50. Hogs—Receipts. 4 000 market, slow to 15 0 20c lower: yorkers, $707.50; pigs, $7; mixed. $7.600 7.56: heavies $7.50 @ 7.55 roughs. $000.25: stags. $3 50 0 4.50. EAST ST. LOUIS. Dec. 27.—Cattle—Receipts, 2,600; market steady: native heef steers, $8 08.60: yearlings and heifers. $9.50: cows, $406.60: canners and cutters, $2.2503.60. calves. $12.50013. Hogs— Receipts. 16.000; market 25030 c lower; heavy, $7 100 7.30; medium, *7.0507.30; lights. $6.5007.20: light lights. $007.10; packing sows, $60636; pigs. $5.500605; bulk. $7 0 7.25. Sheep—Receipts, 2,600; market steady; ewes. $4 06.60- canners and cutters, $104; wool lambs. sllOl3. PITTSBURGH. Doc. 27.—Cattle—Receipts. light; market, steady; choice. $9.50 010: good, SBO 9: fair, $6 0 7.26: veal calves, $13.50 014. Sheep and lambs—Receipts, light; market, steady; prime wethers, $7.5007.75: good. s7® 7.25; fair mixed, $5.50® 0.50: lambs, $lOOl4. Hogs—Receipts. 30 dd: market, higher: prime heavy, $74007.50 mediums. $7.6507.00; heavy yorkers. $7.000 7.05: light yorkers. $7 0 7.25: pigs. $0.75 07; roughs, $6.600 6: stags, $3.50 04. Foreign Exchange Bu United Financial NEW YORK, Dec. 27.—Foreign exchange opened higher. Sterling, demand, *4.3414: cables. *4.34 %. Francs, demand. 6.10 He; cables, 5.11 e. Lire, demand. 4.3414 c; cahlos. 4.36 c. Belgian, demand. 450 44c: cables. 4.67 c. Marks, 4,000.000,000.000 to the dollar. Csecho, demand. 2.92 c; cables, 2.92 44 c. Swiss, demand. 17.46 c; cables, 17.48 c. Guilders, demand. 87.87 c; cables, 37.88 c. Pesetas, demand, 12.98 c: cables 13e. Swede, demand. 26.83 e; cables, 20.37 c. Norway, demand. 14.74 c; cables. 14.78 e. Denmark, demand. 17.71 c; cable*. 17.75 c. Cloverseed Market Local dealer* are Pay mg $lOOl2 a bushel for cloveraeed.

‘Pinching Pints’ Won’t Stop Bootlegging Says Woman Nemesis of Rum Runners

Mrs, Willebrandt Declares Agents Must Get at Source of Supply, By HARRY B. HUNT NEA Service Writer ASHINGTON, Dec. 26.—'The \l lf bootlegger’s Nemesis is not Izzy Einstein, Gotham's demon prohibition sleuth Nor is it "Lone Wolf’’ Asher, whose nose for synthetic gin has located the lair of countless rum caches. It is not even Roy Haynes, orusading prohibition commissioner, nor is it any of his staff. Instead, it’s a brown-haired, brown-eyed little woman of 34, who admits her age, possesses a firm chin and abundant energy and has a head full of ideas and the keen intelligence with whicn to apply them effectively. Her name is Mrs. Mabel Walker Willebrandt. Officially she is an assistant attorney general of the United in charge of the legal end of enforcing the prohibition and tax laws. Mrs. Willebrandt would be the first to disclaim the title of bootlegger’s Nemesis. She’d tell you, instead, that the prohibition law is not being enforced; that there is a steady and torrential flow of liquor into the United States; that a vast quantity of alcoholic beverages Is being produced commercially within the country; that bootlegging has come to be one of the big businesses of the nation, with a hundreds of millions annually. And right there, because she recognizes the futility of present efforts to enforce tie law. and instead of maintaining that enforcement is progressing finely has set to work to develop methods for .ess spectacular but more effective enforcement, is where she qualifies for the title of the rum-runner's Nemesis. .‘‘We can never enforce prohibition by ‘pinching the pints,’ ” she declares. "Enforcement has got to start back of the retail distribution. The first problem is to stop the sources of supply, and these are, chiefly two. "1. The smuggler. "2. The man who. under cloak of apparent legality, withdraws alcohol on permits for 'ndustrial or other

Marriage Licenses Grover J. Varl-er, 28, Acton, Ind.. and Edna K. Kbynearoon. 17. Acton. Arthur I*. Gral. 38. 304 Highland Ave., arid Josephine E. H. Vornehm. 34. Hot) r,. New York. _ _ Abraham Higgins 78. 958 W. Twenty- ! Fifth, and Mary Brown. 58. 1020 Fayette. , Kay L. Wilton, 23. 1229 N. Pennsylvania, ami Tervelia Buck. 22. 423 N. Noble. j Charley E Foist 38, 432 Fulton, and Ella B Tartvater. 36. 1130 Brookslde Edward A Dllts. 47, 1435 Koache. and ; Agnes J. Boudreau 40. 433 Davian Apt*. Jesse Minton, 20. 28 W. Tenth, and Mar- ; yard I. Finch. 15. 2708 Ethel. Emmett Black 22. 1232 Yande*. and Minnie Eereye. 22. 135 W Fourteenth. Lynn Walworth. 21. 430 N. Meridian, and Lillian B Guthrie. 24. 430 N. Meridian Wiliam E. Evans, 41. Cincinnati. Ohio., and Anna M. Bell. 43, 631 E. New lork. | Bertrand Dhaeneu*. 27. New Fork, and j Irene C. Steltlng, 21. 474 W. Baugh. Ralph B Ladd. 10. Washington, and Ellen j E. Lenlhati. 16 1025 W Thirty-Third i Charles Warfield, 23. 1130 K Sixteenth. | and Josephine M. Blckner. 20. 11128 Alvonl. John Veneer. 47, 428 8 Alabama, and Ella M. Bennet. 52. 428 S Alabama Ambrose J. Hornberger. 23, 1710 Union, and Esther C. Farrell, 20. 405 Goodlet Harry Robinson, 19, 1140 S. Pershing, and Mabel Shull 10. 1140 8 Pershing. Samuel J. Yaverowit*. 21. 1257 Olivo, and Ida Golas. 21. 1008 9. Illinois. WtlUe Shivers, 21. 1142 Maple, and Lottie M Grave*. 18. 907 Charles. Rex N Young. 25. Dallas. Texas, and Dorothy M Smith 20. 2323 N Meridian. Clarence R Fulkman 22. Freeport P.. and Edith E. Spoon. i7, 2222 K. Forty- j Fourth. „ , _ .. Walter J Scharmack. 30. Grand Rapids. Mich., and Dorothy Smalley. 23, 1210 9. Senate. . Jesse A. Johnson. 27. Kokomo, and Fern , Mast. 20. 823 Stevens. _ Felix Wright. 22. 574 Jones, and Dora L. Allen, 20. 907 Coe. ! William Patrick. 23. 1940 Lawrence, and Grace Ashby, 10, 1940 Lawrence.

Births Girl* John and Carrie Bobne, 022 W. FortyFirst. Edwin and Marie Reiehe, 2972 N. Denny. Vanroy and Virgie Davis, 3652 Clifton. Carl and Jessie Birr 1801 Orleans. David and Frauocs Crouch. 708 Spring Walter and Eva Graham, 2800 Dearborn. Earl ami Nina Brown, 2411 Olney. Benjamin and Mary Burkart. 275 N. Randolph. Walter and Edna Rafert. 1609 8. Alabama. Frederick and Catherine Hahn, 1822 Orleans. Ralph and Mary Bishop. 1022 Tabor. Steve and Susie Marsolescu, Ileaeone** Hospital. Frank and Harriet Alsop, Clark Blakeslee Hospital. Frank and Rosalia Stout. Clark Blakeslee Hospital. Roger and Mabel Phelps, 1220 N. Illinois. William and Jessie Constant, 2921 Olney. Boynton and Mtlda Moore, 1020 Spruce. George and Mayme Pace. 430 Eastern Henry and Maurice Starlln, 424 S. Missouri. Ira and Mary Tolligan, 1148 Fletcher. Reuben and Rose Barnes, Methodist Hospital. Huibert and Helen Smith. Methodist Hospital. Philip and Anna Johnson, St. Vincent Hospital. Boys Samuel and Dorothy Feysal. 1818 Martindale. Clore and Anna Grow 1213 Hoyt. Ora' vnd Martha Marshall, 874 W. Twon-ty-Ntmh. Glenn and Helen McQueen, 818 Beecher. Jove and June Ltttle. 1502 Finley. Willis and Doris Mickel. Deaconess Hospital. Roy and Fern Marple, 1002 W. TwentyEighth. _ Lester and Latent* Daugherty, Deaconest Hospital. Walter and Mario Martlndale, 1209 Garfield. August and Mary Caito. 504 9. Alabama. Lewis and Rusa Paolo. 1034 Harrison. Henry and Mamie Starlin. 424 8. Missouri. Denton and Ethel Smith. 302 S. Hancock. Sydney and Irene Romer, Methodist Hospital. Jack and Ruth Ralston. Methodist Hospital. Oscar and Sarah Baer, Bt. Vincent Hospital. Carl and Benita Herdering, St. Vincent Hospital. Leo and Mary Miller. St. Vlnoent Hospital. Deaths Mary Ann Hahn, 4 hours. 1822 Orleans, prematura birth. Rosa Paula. 34. 1024 Harrison, acute dilatation of heart. Albert R. Parker. 02. 53 The Blacheme, arterio sclerosis. George Scholtihauer, 68. 2134 College, carcinoma. Isaac H. Phares. 78 Methodist Hospital, fractured skull, accidental. Helen Webster Diet/.. 60. 1433 N. Pennsylvania, chronic myocarditis. Isaac Stepp. 31. 1219 Yandes. chronic myocarditis. Harry E. MeCaster, 41, city hospital, diabetes mellttus. Letha Mae Reidenback. 3 days, 1031 E. Raymond, simple meningitis. Esola C. Bradley, 30. 2615 Ethel, ileocolitis. Charles E. Atkinson. 62. 2823 Kenwood, acute cardiac dilatation. Lavenia A. Ryan. 40. 246 N. Arkenal, mitral Insufficiency. Harry J. Hart. 58, 1440 S. New Jersey, chronic myocarditis. Noah Triplett, 42. 1228 Harlau. acute myocarditis. Myrtle Thatcher. 44. city hospital, pulmonary tuberculosis. Edward Webster 41, city hospital, pulmonary tuberculosis. Ernest A. Barney, 26, 237 Parkview pul mo nary tuberculosis.

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—Copyright, Harris & Ewing MRS. MABEL WALKER WILLEBRANDT

legal uses and diverts It into bootlegging channels. "Prohibition officers now waste their time milling around on little cases of a pint or a few quarts at a time. Meanwhile the big commercial organizations, flooding the trade with liquor, operate comparatively undisturbed. "In dealing with smuggling, the Government should look to existing agencies—the coast guard, the revenue service and the customs service. "The job can’t be done by any one branch of the Government. There must be coordination not now effective. There must be an interlock-

PETITION jr-plO CHARLES E. HUGHES, Secretary of State: I 1 j We most respectfully request that the American Goyemment employ its good offices to bring about the release of 't.’orliss Ilooven Griffis from the German prison to which he has been sentenced. Since the processes of justice have been completed in his case, we feel that our Government nay now with propriety intervene for his release, or modification of his sentence. In this connection we recall the noble efforts made by our Government in behalf of Edith Cavell after her conviction. Signed

One of These 28 Offices Is Your Office Look at the map. Find your office—the one nearest you. This is one of the 28 offices of the Portland Cement Association. Each has a staff of men whose business it is to supply you with information on the uses of concrete. Whether you use concrete or have it used for you, call upon your office as your needs require. We have for distribution helpful booklets on the many uses of concrete. They represent the accumulated knowledge and experience of twenty-one years of Portland Cement Association service. Like all other helps which the cement industry offers through the Portland Cement Association, there is no obligation. i Our booklet **Concrete Around the Home m may interest you . Send for it today PORTLAND CEMENT ASSOCIATION , Merchants Bank Building INDIANAPOLIS, IND. National Organization to Improve and Extend the Uses of Concrete Offices in 27 Other Cities

ing exchange of Information and assistance. A definite objective must be set up, with a definite method of attack; not the scattered, disorganized effort now applied. “When the police and the prohibition agents have failed, a tax investigation is one of the best methods of attack against the big violator,” Mrs Willebrandt says. “In these we uncover ail the man's bank deposits, his investments in stocks, bonds, mortgages and other securities. In many cases these have mounted far into the millions in a short year or two.

M’CRAY MR BECOMES FACTOR IN FAIR ELECTION Republicans Included in Move to Retain Samuel Miller, Democratpolitical activity testing the strength of the State Republican adrmnistra tion among the farmers is brewing with the approaching election of eight of the sixteen members of the board of agriculture Jan. 9. New members will be elected from Marion County, comprising the Seventh congressional district, and from the Tenth, Second. Twelfth, Eighth, Third, First and Eleventh Districts. The question of support of the policies of the agricultural board in relation to Governor McCray s known to have created friction amoqg the Republicans and is causing a number of Democratic candidates to seek positions on the board. The selection of members is up to piesidents of the County Fair Associations, and heads of the State livestock associations sitting with the hold-over members of the board. Governor McCray appoints three members of the board from the State at large Each congressional district is allowed one member. Would Retain Miller In Marion County a well organized movement is under way to retain Samuel Miller, democrat. George N. Montgomery, Republican, and who signed McCray’s bond is seeking the position. A group of political leaders in agricultural circles, including prominent Republicans, today considered moves to retain Miller. Thomas Grant, Republican. of Lowell is a candidate for re-election on the board in the Tenth district. Grant is opposed by V. A. Place, Democrat, of Crown Point, E. W. Pickardt, Democrat, Huntingburg, is seeking re-election from the Second district. He is opposed by one Democrat, Rockwell Jenkins of Orleans and two Republicans, J. W. Bird of Marengo, and Charles Lindlay of Salem. Two Unopposed In the Twelfth District, G. Y. Hepler of South Bend, Democrat, Is making an effort to retain his position. Levi Moore of Rochester is opposing him. So far as known, W. W. Wilson, Democrat, of Muncie, in the Eighth District, and G. Y. Cantwell, Republican. Gosport, in the Third District, have no opposition. Simon Taylor, Democrat, present member of the board, is seeking the position again as representative of the First District. Taylor lives at Boonville. He is opposed by L. A. Folson of Boonville. Republican. In the Eleventh District W. C. Brouse of Kendallville, Republican, and Robert R. McNagoy, Democrat, Columbia City, are seeking the posi tion. James K. Risk Renamed Reappointment of James K. Risk, of Lebanon, to a four-year term as trustee of the Indiana School for the Deaf was announced today by Governor McCray. The appointment is effective Jan. 1. McCray Reappoints Trustee Governor McCray announced the reappointment today of Mrs. William A. Hough, Greenfield, as a member of the board of trustees of the Indiana School for the Blind. Her term, expiring Jan. 1, will continue four years.

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