Indianapolis Times, Volume 36, Number 264, Indianapolis, Marion County, 17 March 1925 — Page 13
TUESDAY, MAKCH 17, W 25
SENSATIONAL DROP OF* MAY WHEAT
HOG MARKET IS HIWER; BULK OF SALESAT $14.25 Porkers Forced Into Decline 1 Following Upward Movement, N \ —Hog Price* Day by Day— March Bulk Top Receipt* & ii.io m m 13. 14.00 14.10 6.304 it: m The continued advance which has been featuring the hog market singe last week was forced sharply down-' Iward today when prices dropped 25 @36c per hundredweight. All weights sold for $14.26. The market was estimated at 7,000 and all the hogs were reported sold, local packers and order men dividing the hogs. The top price and bulk of sales for the day was $14.25. Smooth packing sows were quoted at [email protected]; roughs, $12.60® 13.00; and stags were 60c lower selling at $7.00@11.'80; 7,000 hhgs was estimated to be In the Wednesday. cattle market was steady to todaj. Steers were quoted lower althoi.gh the telegraph prices put them at $ll.OO down. Other stock In ti e cattle market was quoted at iceady. Heifers sold for $5.00® 10.50 and cows brought S3.QO 1 @7.25. The steer market has been reflecting a slightly weakened condition for certain kinds, prices ruli lng unchanged to unevenly lower. There was moderately demand for female killing stuff especially stock showing fat and good quality. Prices held firm. The market was without feature due to absence of strictly choice stock. *. There was a lively demand for good veals and the market was stronger. Good veals brought from sl3 to sl4, 60c higher than Monday’s price. Common and medium stock was quoted the same bringing [email protected] and [email protected] respectively. Bight hundred head were estimated in the yards. Tie sheep market was steady to lower than Monday’s prices. Choice sheep were bringing [email protected] and choice lambs were qudted at SIO.OO @16.00. The receipts were listed at 150 and only a small number of this show fat and quality. Prices^of other grades of sheep continued nominal.
I— Ho**— Mediums 14.25 Heuvies 14.25 Smooth sows J3.00ff113.75 Rouxhs , ?. i.oO @ 13.50 Lixht lights. 150-100 lb. av. 14.25 Pi irs 10.00 @13.75 —Cattle Good 10.15 Steers. 1.’.00 lbs down. prime aid choice 9.00 010.00 Plain 1410 lbs 7.50<& 9.00 Cows, couraon to choice... 4.60@ 7.50 Cutters 3.50® 4.00 . Canners . ... 2.60® 3.35 Common to mt-lium heifers, 4.50® 0.40 Butcher bulls 6.000 6.50 Bologna bulla 4.50® 5.50 —i alTee,— Choice veals $13.^[email protected] Medium veals 9.00® 11.00 Common calve* 5.00© 8.00 Best heavy ~ f 9.00 —Sheep and Lambs—r Choice lamba $16.00 Sheen 4.50® 8.00 Medium to choice ewea .... 6.00® 8.50 Culls 4.00® 5.0) I bucks 4.50® 5.50 Other Live Stock CHICAGO, March 17. —Cattle—Receipts. 10.000; market, better grade weighty 1 steers practically at stand still, bidding . 25c lower, some going at decline, yearr lings and handy weights about steady with Monday's downturn; best yearlings, early $11.80; bulk led, steers, $8.76® 10.50; she-stoek weak. Zsc under early Monday: bulla weak; vealers unevenly lower; mostly, $11.60 and below to killers; shippers, sl2® 12.50 mostly. sheep—Receipts, 18.000; market extremely dull; few bids ' on fat lambs 25®00c off; choice handyweights bidding up to $16.75; good 90pound weights bid sl6® 16.25; choice 75pound clipped Texans, $13.76; no sales .at sheep: talking 3o@sGe off; feeding liunbfi weak; early bulk. $16.50 ® 16.90. l og*—Receipts, 10,000; market, 26 @BOO £,! top. $14.60; bulk. sl4 @14.40; hi arywoight. $14.30® 14.50: mediumv/algnts, $13.20® 14.45; lightweights. U 4.250 14.85; light iigbta. $13.60® .10; packing, smooth. 5L3.35® 13.00; packing sows, rough, $13.10® 13.36; slaughter pigs. $11.75® 13.25. _ EAST BUFFALO. March 17.—Cattle— Receipts, 176; market slow and deady; shipping .steers. $8.50011; butcher grades. $8 @9.25: cows. $2.25 Q 0.60, Calves—.lccelpts. 400; market aethe and steady; pull To choice. $3.50® 15. Cheep uii||itffl Receipts. 1.400: market acto fair, sJ@l6- yearHn|l*o 014.60: sheep. $3 @l2. hogs— Receipts. 1.280; market active. 25®35c hSher; forkers. *13.75 @14.85- pigs, *13.60® i3.75; mixed. *14.25 @14.50; heavise, $14.86015; roughs. $12012.60; stags. 36 @B. CINCINNATI. March 17—Cattle—Reompts. 325; market, steady; shipping ftcera good to choice. S9O 10.50. Calves— Market steady; goixi to choice. $12@13. Hogs—Receipts. 3,500; market, steady; food to choice packers and butchers. 814.05. Slteep—Receipts, 260- market, ■taady: good to choice. *B@Sk>o. Lambs —Markal. steady; good to choice *l7O TOLEDO. March 17.—Hogg—Receipts. 500; market, strong; heavies. $14.50® 14.00; medium*. $14.40014,50: Yorkers, $i4.36© 14.40: good pigs. $12.50012.76. Calves—Msrket. strong Sheep and lambs —Market, slow. CLEVELAND. March 17.—Hogs Receipts, O 00: market 35 050 c higher; Yorkers. *[email protected]: mixed. $14.65; mediums. $14.75, pigs, sl3: rotighs, sl2; (tags. $7 60. Cattle—Receipts. 200: mar;et steady; good to choice bulls. *6 0 7.50; good to choice steers, *9 010.50: good to choice heifers, sß@9; good 10 choice cows. *5.5007: fair to rood cows, *4O 5.50; common cows. $2.6004: milchers. S4OOBO. Sheep ana lambs Receipts. 800; market steady; top. sl7. Calves—Receipts. 200; market active; top. SI4AO. PITTSBURGH—March 17.—Cattle—Receipts, light; market steady; choice. $10.23 @10.06; good $®,5(.@10; fair, $7,500 8.25: veal calves. $18.50014. Sheep and Lamba—Receipts, 4 dd: market, steady; prime weathers. $11.50012; good. sllO fi11.56; fair mixed. $8.500950: lambs, $l4O 17.25. Hogs—Receipts. 0 dd; market, higher; prime heavy, *14.05® 14.70: medium, *14.660 14.V0: heavy Vorkers. *14.65014.70: light york•rs, sl3 i-i 13.76; pigs. $18.35013.50; Vbughs. $11.25018.75: stags. $507. _ EAST ST. LOUIS. March 17.—CattleReceipts, 4,000: market, bidding lower; Fearling heifers. $7.5008.50; cows, $5.25 @0.25: canners and cutters. $2.60®4; calves, $11.75 0 12; Stockers and feeders. $707.50. Hogs—Receipts. 13.000; market" 16025 c higher: heavy, $14.35® 14.60; mediums. $14.25 014.60 light. $18.75014.46; light lights, $12,500 14.10; packing sows, $12.23 013.26: pigs. $11018; bulk. $14.25014.50. Sheep— Rewigts, 800: market, dull and weak; @ 10.60: canners and cutter*. t 8.; frooled lambs, $10010.75. Prices on Coal Anthracite. 110.60 a ton; coke. $10; Weat Virginia lump, $7.80: Kentucky lump. $7.26; Pocahontas mina/run. $7 lump. $9.25: Indiana lump. $5 07; Indi an* egg, $5.3505.75 Indiana mine run. $4.5006.60 1 Wheeling 60c a toe extra.) Local Wagon Wheat •dwasyaat •oowdlngly.
New York Stock Quotations ißy Thomson 3 McKinnon) ~
—March 17— “‘"■‘•Hi*. Low. 12:30. KS. iiffcvdga II,H lif* if?* Cai?Padflc U 6 * ! illtH /*% ::: 8?s §8? CR I 4 **-49% 48% 48% 4b % Del 4 Hud ~ ... ... 140 ::: ‘ft ‘lt* ?!l 111 I > A N . . .110 ... 110 110 iliit ii Per* Mara 03% 7. *&% ‘*s% ‘7iH 70% St ftui Dt 13% 13 As 13% It £& 9 F 76% *.*.*. *70% 70% WAS™ is ::: Wabash pi 64% 65% 04% 03% Rubber*— Fisk Rubber 11 % ... 11% 11% Goodrich R 50% ... 60 50% Goodyr pf. 94% ... 94% 95 Kelly-Spgfl 115 ... 115 114% U S Rubber 38 ... 37 % 38 % Equipment*— A C and F 218 216 218 219% Am Stl Fdy 48% ... 48% 40% Am Loco .134% 133% 134% 133% Bald Loc .130% 128% 128% 129% Gen Elec .. 264 % 262 263%. 262% Lima Loc.. 65% ... 65% 65% Pullman C^ f . 134% 134% 134% *68% l m w Stool, Bethlehem. 43% ... 43% 42% Colorado F. 41 37% 38% 41 Crucible ..71% 69 69 73% Gulf States 77 ... 75% 76% P. RC&I. 44 % ... 44 % 43 % Rep I& S. 51% ... 50% 52% Sloss-Sheff. 84 ... 84 84% U S Steel 121% I*o% 120% 121% Vanadium.. 20% ... 20% 20% Motor*— Am B Mar 31% ~.. 30% ' 32% Chandler M. 31 % ... 31 31 % Gen Mot.. 71% 70% 70% 71% Mack Mot 133 130% 130% 131% Max M (A) 85% 84% 84% 85% Max M (B) 54 62 52% 54 Moon Mot. 24 ... 23 % 24 Srudebakcr. 43 41% 41% 42% Stewart-W.. 60% ... 00 61 % Timken .. 38% ... 38% 38% Willy.-Over. 11% ... 11% 12% Minings— Gt No Ore. 35% ... 35% 35% Int Nickel. 35% ... 25% 25% Tex GAS 100 107% 107% 108% Coppers— Am Smelt. 65 94% 05j 94% Anaconda... 39 ... 38% 30% Inspiration. 25 % ... 24% 25 % Kennecott.. 40% .. T 49% 40%
Retail Fish Prices
Ocean Varieties—Boston haddock fillet*. 35(ft 40c: dressed haddock. 30c: halibut steaks. 40c; red salmon steak. 35c fre*h cod steak. 30c; pompano, 40c: blpcfish. 35c; Spanish mackerel. 35c: red am.pptr*. 35c: snapper* throats, 40c. Specialties—Fresh jumbo frogs, 50c: live lobsters. 00c: fresh green shrimp. 40c: large scallops, 80c pound: fresh picked crab meat $1 a pound Maine finnan baddie, 30- . cherry stone clams. 40c a dozen; large „uohalg clams. 50c; oysters, 80c6 81 a quart. Lake and River Varieties—Lake white fish, 35c: trout, 35c: yellow pike, 35c; yellow perch. 2ue: channel catfish, 85c: blueftin herring. 30c: pickerel. 25c: grass pike. 25c: river can>. 18C; buffalo. 20c: mullets ,15c: black baas. 40c: large crapplea. 35c.
Commission Market
Fruits Apple*—Bask its: Jonathans. $2.26 ts 2.60 Wealth'es. $1.602: Klings. $2 Barrels. Winesaps, -$7304(9 50: lancy Jonathans $7.50 44 050 Kings $.>.60<7 Baldwins, $4.75®7: Greenings $6.60®7 Boxes. Jonathans. 5:i.25®3.n0. Delicious. $4,754*6: Winter Bananas. [email protected]: “pitzenbertß, $3 75; Ortley* $3.60. Bananas—Lb. 8% iff 9c. Uo'oanuts—Hundred $6.5®. Cranberries —Howes box. $0 50. Grapefruit—Florida Indian River. S3O 3 75. Lemons —Ca . fomls. box, $6.25. Orange*—Ca MornU navel*. $606: Florida, 96.3r@6. _ Pears —New York, bushel. $2.50. Pineapples—Cuban, crate, $0.50® 7.60 Strawberries—Florida, quart. 80® 65c. * Vegetable* Beet*—Home-grown $1.60: Texas bunched $2.50 Cabbage—Home-grown. 100 lb*. s2.bo ®3; new Texas. s3@4 Carrots —Southern, bunched $1.90®2 Ctuliflower —California $2.50. Celery—Florida crate s4® 4 A0: oolery cabbage, crate. $2. Cucumbers—Boui hern dozen $2.50® ■ 25. Kale—Eastern, barrel, $2.60®2.06. Lettuce—Hothouse, sl.9o®if - Western iceberg crate. $4 50®4.75 Mangoes—Southern, case. $8 Onions—Ohio, bushel, yellow. $3.26: shallots dozen bunches, 76c. Onion Sets—Red and yellow bushel $4.50®4 76: white, $5®5.25. Parsley—Dozen bunches, 65c. Parsnip*—Home-grown, bu $1.25. Radishes—Dozen. 66®90c. Beed Potatoes— Michigan Rural, 150-lb oag. $2.50 R R Ohlos 120-lb bag $2.50 @3: Maine Cobblers 150-Ib bag $4: Maine triumphs, 150-Ib bag. $4; Mu> nesota Triumphs. 160-lb bag. $3 50 Spinach—Home-grown bushel $1 Sweet Potatoes—lndiana Jersey* hamTomatoes —Repacked box. $7®7.50 Turnips—Bu. $2 Potatoes—Michigan. 150-lb. bai. $2.10 tdalio, 120-lb bag. $3.60®3.76 Mlnne sota Red River Ohio* $2.15 Fit rids Tri umph*. box $3
Produce Markets
Fresh Eggs (jobbing, general run. delivered in Indianapolis ) —-Dozen, lose off. 24®25a Poultry (buying price*)—Hens, 21® 23c: springer*. 21® 22c; roosters. 12 ® 14c; ducks, 13®140 ;geese, 12@14o; young turkey*. 28® 32c; old turkey*. 23® 25a; squabs. $4.50 doz. Butter Fat—Local jobbers are paying 40® 47c lb. for butter fat: creamery butter (wcoleealo selling prices). 49651 c. CHICAGO. March 17.—Butter ceipts, 11.758: creamery, 48%c: standard. 48 %c: firsts. 40 %® 44 %c: seconds, 34 ® 38c. Eggs—Receipts. 41.f171: ordinaries. 27%®28e: firsts. 20 %c. Cheese— Twins. 22%e: America*. 23%e. Poultry —Fowl*. 25c: duck*. 28c: geese, 18c; springs. 30c; turkeys. 23c: roosters. 19c. Potatoes—Receipts. 314 cars: Wisconsin round whites, $1®1.10; fancies. $1.15® 1.20: Idaho russet*. $2.40® 2.65; Minnesota round whites, [email protected]; Red River Chios. $1.35. CLEVELAND. March 17.—PoultryHen*. 28® 29c; Leghorn* and light *tc.4t*. 2* ® 27c: soft, meat springers. 30® 31c; stags. 20® 23c; roosters, 15® 18c: ducks, 28®30c; geese, 18®30c: capon*. 33® 37c. ButW— Extra in tub*. 62® 53c; extra firsts, 50® 51c firsts. 47® 48c: packbig stock. 24® 25c. Egg*—Northern L'.iio e-’ra, 33c: extra firets. 32c: Ohio fire's. 31®31%c: western. 31c. Potatoes —Michigan, $1.90® 2 per 150-ponnd sac);*: New York. $1.00®2: Ohio. 120pound sack, $1.70® 1.80; Idaho rurals. $2 ® 2.25 per 150-pound sacks; russets. $3.25® 3.50: Colorado brown beauty. $2 85® 3: Florida, now rose. [email protected] a barrel. NEW YORK. March 17.—Flour—Dull and unsettled. Pork—Dull; mess. $40.00. Lara—steady: midweet spot. $17.45® 17.75. Sugar-—Rarw. firm; centrifugal 98 te*t ddp. 4.77 c. Refined—Quiet; Granu’pfed. [email protected]. Coffee—Rio 7 spot. 21 %c: Santos No. 4. 20% @20%. Tallow—Dull: special to extra. 0%@9%0. Hay No. 1. $1.25: No. 3. [email protected]. Drweed Poultry—Steady: turkeys. 30®45c: chickens. 20 @ 44c: fowl*. 10® 32c: duck*. 20 ®29c: ducks Long Island. 27 @2B; capons, 30®'51c. Live Poultry—-Steady: geese. 20 @2sc: ducks. 10@3O*: fowl*. 30c: turkeys, 40@450: roosters 15c: chicken*. 26 ®38o; broilers. 40@B5o; capons, 40® 450. Cheese—Firm: State whole milk, common to specials. 21®27c. Butter— Firmer: receipts, 17.880: creamery extras, 48 % ® 49c ;special market 49% @ 50c. Eggs—Firm; reoelote. 35.177: nearby white’fancy. 30® 40c: nearby State 31®38c: fresh first*. 31%®.S5cT Padflo coasts. 27® 27%; western white*. 30® SBc; nearby browns, 36® 37a. S , TINNERS SUPPLIER Tin—lC. 20x28 bright tin. $14.00® 24.00 a box: IX. 20x28 bright Un. $15.00 @27.00 a box: IC, 20x28 terns. $14.00® 18 00 a box: tc. 20x28. old style, SIB.OO ®25.00 a box: tin in pig*. 65c a lb.: in bars OOV.C a lb Steel —Galvanized. 28-gauge. $6.65: O. P 0 R steel 4 55: 28-gauge WellsvUle polished steel. $8.78. Soft Copper-16-oune*. 28c a lb. Copper—Bottom, 36®70c a lb. Zinc—Sheet $18.60 a 100 lba. Lead— $lO 00 a 100 lba. Solder—4l % c a lb.
Prey Him Low. 12:30 close. U S BmeU. 32 ... 31% 32% Oil*— Cal Petrol.. 28% ... 27% 28% Cosden ... 29% 26% 27 29% Houston O. 09% ... 68 70 Marl and Oil 30 ... 37 V 39% P-Am Pete 73% ... 72% 73% gS o®! m .?** m Phillip* P.. 30% ... 38** 39% Pure Oil.. 27 26% 26% 27% Royal Dut. 61% 51% 51% 51% S Oil of Cal 69 % ... 59 % 59 % 8 Oil of N J 41% ... 41 41% Sinclair 18% 18% 18% 18% Texas C 0... 44% . 44% 44% Tr Con 011 4% .... 4% 4% Industrials— Allied Ch.. 85 84 % 84% 84% Ad Rume ... ... ... 10 Allis-Cbalm 81% 80% 81 80% Am C*n ..178 174% 175 170% AHAL pf 69 68% 3$ 70% Am Ice . . 87 ... £6 % 87 % Am Woolen 41% 46% 41% 40% Cent Leath. 10% ... 16% 16% ■.Coca-Cola .88 ... 87 % 87 % Congoleura. 36% 36 36 38% Cont Can . 62 % ... 62 % 63% Dav Chcm. 39% 87% 37% 40 Fm Play.. 05% ... 03% 95 Gn Asphalt 52% ... 5l % 62% Jnt Paper.. 50% .... 50% 49% Xnt Harr .103% ... 103% 103% May Stres.los ... 104 % 105 Mont A Wd 45 ... 43% 44% Nat Enamel . . ... ... 32 Owen Bottle 43 ... 43 43 Radio... . 60% 64% 55 56% Sears-Roe .152% ... 140 161% US Cl A P. 213 ioA *OS 208 '1 S Ind Ale 70 77% 78 •>.'.% Woolwrt ..114 113% 113% 1i3% Uttlltle*— Am TA T. 132% 182 U 132% 135% Con Gaa .78 75% 75% 75 Col Gas . 53 % . 53 53 54 % West Un 110 * 118% 118% 110 Shipping— Am Int Cor 34% 33% 33% 34% Am 8p A C 11% 11 % 11 2 11% Atl Gulf .. 30% 30% 30 v* 30% Int M M pf 43% 43 43 43 Foods— Am Surar . 62% 80% 60% 62% Am Bt Sug 39 ... 30 30 Austln-Ni ... ... ... 28% Com Prdts 39 .. . 30 39 % Cu Cn 8u nf 50 % 68 58 58% C-A Surar 30 % 30 30 30 % Punta Ale .42 41 % 41 % 42 % Wilson ACo 11% 0% 10% * 8% Tohac.eoa— Am-Sumat. ~ ... ... 14% Am Tob Cos 87 86% 88% f*7% Gen Cigar ... ... ... '• % Tob Prdts. 74% 74% 74% /. U C Stores 00% 69 60 7u%
TRANSACTIONS ARE IN HEAVY VOLUME ' I | Advances and Declines Evenly Divided,
Average Stock Prices
Average price of twenty Industrial stocks. 120.70. off 3.40. Average price of twenty rails, 97.03. off 1.54. / Hu United Prraa NEW YORK, March 17.—Transactions were In heavy volume, and, while sizeable blocks of the leading stocks appeared In the initial trading, changes from the previous close were fractional. Advances and declines were about evenly divided and the tape indicated bids were present to absorb the overnight accumulation of selling orders at around the closing levels yesterday, which were the lows of the session's reaction. Selling pressure continued unabated in sticks around noon, with some issues suffering good sized recessions. General Electric at 261 was off *4. General Motors was also off % at 71. and American Can at 175% was off 1% points. Maxwell Motors "B" lost two points to 52 and Studebaker at 4154 was off 1%- Steel lost % to 120% and Cast Iron Pipe was off 1% to 20414. . ' Liquidation appeared to be largely from the West, where traders in wheat were attempting to cover their losses in the sharp break of that commodity by selling stocks. Announcement that President Coolldge had named John G. Sargent as attorney general was looked upon in Wall Street as furnishing a solution to the Washington tangle, and stocks rebounded sharply Just before noon. Steel recovered a point from It* low of 122 and St. Paul rallied more than a point to 14%. Local Bank Clearings Local bank clearings Tuesday amounted to $2,001,000. Banka debits were *0,780,000. Wholesale Meat Prices Beef —Native steers' carcasses. 600 to 800 pounds. 18 % 019 c: steer lores, under oareasH. 4c; hinds over. 0c: native heifers 300-to 450 pounds. 17% @lB He: heifer hinds, over carcass. 3c; fores under carcass, 3c: cows, 400 to 700, 13® iaHc: cows, forec under carcass, 2c; hinds, over carcass, , _ English Cured Fancy Breakfast Bacon — "Reliable." 3 to 4 It*, av.. 87He; 5 to 7 "Relfabie” (iried beef outsides, Coc; knuckles. 26c. _ Luncheon Meats—Pressed meat in cloth, paraffined. 23c: meat roll in skins, l9o; minced luncheon meat, in cloth, rßc. Cooked meats shipped at buyer's risk. Barrelled Pork—Ham butt, tube $9.16: 100 lbs.. $17.50; 200 lb*.. *33.60: clear butt. *9.16: 106 lbs.. *17.50: 200 lb*.. s33.i>o; "Indiana Bean, 200 lbs.. *32.50, Pig Feet—Spiced, boneless, in word boxes. 10 lbs. each, net, 15c. . . Fresh “Reliable" pork sausage, link. 21c: bulk. 19c; frankfurters. “Reliable brand. H. C.. 18He: same iri the 9. C.. 21c: Wienerwurst. 5. C.. 21c: head cheese, 10c. Fresh Pork—Skinned hams. 18 to 23 lbs av.. 26c; 14 to 10 lbs. av., 38c: shoulder bones. 8c: tails. 10He: dressed bogs 140 to 160 lbs., ,23He: heads off. Fresh —Spring lamba. if in stock. 30c; sheep, 14c: mutton saddles. 24c: legs. 25c: tongues, 15c. Fresh Veal*—Carcasses. No. 1, 70 to 100 lb#.. 24’ie; 100 to 130 lb#.. 23He; Ji 30 to 160 lb#., 22%c: 100 to 200 lbs.. 21 He: hind and saddle# over carcafa. 8c: ores under carcass. sc: legs. 50c; hearts, 3c: brains. 15c: tongues. 22c: sweetbreads. 00c: head and feet, per set. *l.lO. Tank Wagon Prices (Not including 2c State tnx) _ GASOLINE—Red Crown 18.2c' Sollte and Ethyl 2i2c: Enersee 22c; Puroi. 18.2 c: Silver Flaah 22c; Target, 18.3 c: Diamond 18.2 c; Crystal Pen 21c; Sinclair 20.2 c; special, 21c: whße Rose, 21c. KERI9ENE —Crystaline 12.7 - Moore Light. 15.5 c: Perfection. 12.7 c: Bright Light 12 7c; Sinclair 12 7c. NAPTHA —Energee* Cleaner*. 19.6 - V. MAP 22.5 c; Standolind Cleaner*. 22 sc. KUILDING SUPPLIES Portland Cement— Cloth a bag. 85c: paper. 80 Mortar —Novia prepared. 75e a 100- b cftck. Hydrate buns— Finish 56c a each i .ion's. 50c a sack Plaster and Finishes—ivory Neat. 80 lb. nape, vacks 79c; Michigan etueeo. S> a IOOJb sack; olaster paria. $1 an 80-ib sacs; Stonewal- prepared first coat ninth sacks OOc Flooring—lx4 V P dear. $75: com con. S7O No 2 common *42. Bevel Siding—l Hxe clear redwood $55 1 H xB. soo Finish—Clear yellow pine 0. 8 and 10inch SIOO, 12-inch. sllO, clear redwood 0 8 and 10-Inch *140; 13-tnch. *l6O Drop Sidings—lxo Y P . *76; N*. 1 common s7o' Ix 7 No 1 common V P S6O: No 2 common $43 Boards —Ix 4 No 1 common $00: lfo, t common. S4O; Ixo No 1 common, f .5: No 2.common S3O; Ixß and Ixlo'No 1 common S7O No. 2 common $46; Ixl2 No. 1 common *76- No 2 common *47 Finish—Clear yeliow nine. 0 8 and lo inch SIOO. 12-inch. $110; clear redwood 0 8 and 10-inch. *1 40; 12-incta. $l5O Shingles — Clear red cedar $7 50 dm housand a ß*T l, s£liai! •US* £}.£
THE IN DIAN APOJULS TIMES
Prices Range From $1,61 to $1,55 —Previous Close, $1,65, BULLETIN Bu United Prett CHICAGO. March 17.—Wheat close sharply lower at tjte local board of trade today. May wheat recovered some of its lost ground following its sensational slump. Bv United Prcte CHICAGO. March 17.—May wheat today recorded one of the most sensational drops In the history of ths Chicago Board of Trade, when prices ranged from $1.61 to $1.55 a bushel, compared with the previous close of $1.65. The price then fell off to $1.54, a loss of 11 cents from yesterday’s close. July wheat dropped 5%c and September wheat B%c. T-aders dumped their holdings overboard following reporta v that Europe waj glutted with breadstuff* and that 'huge quantities of wheat shipped from this country could And no market and was being dumped back to Its owners. May wheat suffered another break at 11 a. m., falling to $1.51%, a loss of 13% cents from the previous close and 54% cents below the high of $2.05% reached about two months ago. The wheat pit was a veritable mad house of frenzied brokers’ agents whose only aim was to execute selling order*: at any prices. The terrific smash in prices in the first fivs minutes of trading wiped out scores of small traders. Fifteen /minutes later May wheat recouped a little, -oing to $1.56%. At thl? figure wheat showed a drop of 498s cents from the high point of $2.05% about two months ago. Chicago Grain Table —March 17— WHEAT— Prev. Open. High. Low. Close, clow. May 155 1.01 1.51 1 63% 105 July 1.40 1.44 1.37 1.39% 1.46% Scot 1.33 1.35 1.29 1.31 1.30% CORN— May 1.17 1.17% 1.14 1.10% 1.18% July 1.21 1.31 1.17% 1.19% 1.21% Sept 1.19 120% 1.10% 1.19 1.21% OATS— May .44% .44% .41 .43% .45 July .47 .47 .40 ...44% .47 Sept .47% .47% .42%/.44% .47% LARD— May 16.80 17.07 16.70 17.07 16.87 RIBS— May 19.05 19.26 18.95 19.25 19.00 RVE—--3& I.lß* im Hl* IM i:io%
TAXI DRIVER 10 EXPLAIN ID 0. S. CITV COURT TERM i \ Judge Baltzell Orders Douglas in for Quiz c.i Rush Action, Clifford "Red” DoutlaJ, of 71 N. Warren Ave., taxi driver, sentenced in city court last Saturday by Special Judge Garrett W. Olds, on conviction of sale of intoxicating liquor, was brought into Federal Court today for examination before Judge Robert C. Baltzell to clear up circumstances of the conviction His case was to be heard this afternoon. Judge Baltzell indicated surprise when he ’earned Douglas had been sentenced to thirty days in jail and fined sl-%’ on a grand jury indictment in cltv court, although his case was set for next Monday In Federal Court. "We’re not going to do business that way,” J.i said "It Is peculiar that on the e re of his trial in Federal Court at ihould be sentenced In city cour..” Ira Ai. K ilmes, Douglas’ attorney, attempted to •explain that he had bad an undemanding with Federal prohibition agents regarding disposition of the case. Bert C. Morgan, Federal prohibition director for Indiana, flatly contradicted Holmes. Judge Baltzell told Holmes he discussed the case in Federal Court and not with the agents Judge Olds said Monday evening that he had not disposed of (he case to prevent Federal action,* but had sentenced Douglas only in pursuance of his regular duties. Alexander G. Cavlns, Assistant District Attorney, said the case had been disposed of in city court without notice to the United States attorneys. SCHLENSKER ASKS lap CHECK Demand Made Upon Orr, Chief Examiner, Lawrence F. Orr, chief examiner of the State board of accounts, today received a letter from O. F. Schlensker, automobile parts dealer, demanding return of *50,000 the latter gave the State at the time the boat'd was investigating sale of automobile parts to the State highway commission. Governor Jackson and State Auditor Bowman, received copies of the letter, It was reported. When the account* board last year alleged In it* report that Schlensker has overcharged the State on automobile parts, Schlensker offered the check. It was cashed and proceeds turned into the StaUi highway fund. In the letter Schlensker threatened to employ “appropriate recourse” in event the sum i* not returned. Shippers’ Forecast In all directions, above freezing.
STATE TIGHTENS SHEPHERD GRIP (Continued From Page 1) sactlon,” Fa’man explained to his questioners. “I wanted to be sure a rope wouldn’t be tied around my neck,” —and he gave an unconscious gesture, swinging his arm about under his chin. ‘‘But Shepherd assured mp everything would be all right—that his servants were ‘fixed’ —that we would both be rich for life ts I helped him. "He told me there was a million dollars in the deal. He said to me ‘you go along and help, and you’ll he rich beyond your wildest, your most fanciful dreams’. Accuses Faces Shepherd
“Yes, you did—you know you did,” Falman barked, wheeling upon Shepherd as the accused man littered a denial. "Well, I went along, I gave him the tubes of baccilll. I told him how to Inoculate the boy. I told him how to do it so that, even If the work took several months, It would spell certain death in the end.” Just as the examination of Falman was finished and officers were taking him to a hotel for some sleep, the little doctor decided to add another detail to his story. “I ought to tell you,” he said, “that Shepherd promised me SIOO,OOO for the germs and my advice.” Dr. Falman, clean shaven and polished w(ien he was first taken Into custody, was completely broken by his ordeal. His hands rubbed nervously over his stubbled face as he related Incident ofter Incident of his relations with Shepherd. He was near collapse when he was taken back to the hotel room. Crowe Says Case Is Strong “This Is the last link In our chain of evidence against Shepherd,” Crowe declared positively when the examination of Falman had been ended. “We have more than enough evidence to obtain the murder indictment. We have a mighty strong case for the trial.” Judge Harry Olson, chief justice of the Chicago municipal court and instigator of the Investigation Into young McCllntock’s death. Is to testify before the grand jury before the true bill is voted. Olson charges that Shepherd has plotted for many years to get the McClintock fortune. Miss Pope, after testifying at the Inquest, left Chicago to regain her health. She is now in California, but will return If necaeary to testify against Shepherd. She claims he did everything In his power to prevent her marriage to McClintock. Faiman’s confession was taken down by shorthand reporters and was transcribed today. It was an amazing revelation of his relationship with Shepherd, the Inception of the plot and the execution. “Some time after McClintock was sick, Shepherd came to me,” Falman said. “He was very excited, saying that the doctors were vaccinating McClintock and he was afraid it might counteract the germs he had administered. “I |told him not to worry, that the boy was too far gone—that death was certain. “I studied his face and when I told that -his nervousness disappeared. He relaxed. He seemed satisfied. There was no evidence of remorse.” Falman then told of Shepherd’s vla}t to his university shortly after McCllntock's death. “He came out to get the letter he had written to me—the letter in which he sought to enroll In my school. I showed him my flies and he Jerked the letter out. “ ‘That letter Is worth something to me’, I told Shepherd. I asked him where the hell I came in at. “ ‘What the hell do you want?’ Shepherd asked me. “I told him I thought my servloes were worth two hundred gr.-,nd. Agree Upon Payment “He laughed and said I shouldn't be ridiculous. He said he hadn’t got McClintock'* money yet. “And so I compromised and said he should give me SIOO,OOO. “That suited him better and he said ‘everything will be taken care of.’ ” Following Faiman’s complete confession, Crowe’s staff tried to get Shepherd to talk, but his experience as an attorney and the .advice of legal counsel he has retained frustrated their efforts. Shepherd Is being at a downtown hotel, a staff of detectives standing guard over him. Until Falman made his confession, Shepherd laughed at the charges against him. Calls Falman Liar Today, however, his manner was changed. He stubbornly refused to be Interviewed and In reply to all questions he repeated: “He’s a liar—a damned liar.” Detectives Are Held ( t Following reports that private detectives employed by Shepherd had tried to Intimidate, made propositions to John P. Marchand, employe of Falman, and tried to kidnap Dr George E. Fosberg of Falman's school, Fosberg, Crowe ordered a raid on Jones, line., detective*, where a brother of John Jones, owner and three other men were arrested. The office records were slelzed. None of the men admitted knowledge of ac tlvlties in behalf of Shepherd. John Jones was not found. Mrs. Shepherd, who, like her husband, refused to testify at the coroner’s Inquest, Monday gave out an Interview through her husband’s new attorney. William Scott Stewart, who, it Is said, believes In getting his dent’s side to the public. She told of her great love for McClintock and declared preposterous the theory that Shepherd administered typhoid germs to the boy. Chief Justice Harry Olson, of Chicago Municipal Court, spent hours with Crowe last night outlining what he terms the fifteen year conspiracy by Shept rd to get the McClintock fortune. Mother’s Death Suspicious He declared that seventeen years ago Shepherd began to scheme and Ingratiate himself with Mrs. Emma McClintock, widowed raothsr of Billy. Mrs. McCllntock’s deathwwa s sus-
picious. he said. Mrs. Shepherd became guardian for Billy with an allowance of SI,OOO a month for his maintenance. Dr. Oscar Olson, brother of the judge, was a friend of the McClintock’s and Billy’s physician. The judge said hi3 brother distrusted the Shepherds and intended to warn Billy, Dr. Olson died suddenly a few hours after Shepherd visited him. The Shepherds prevented Billy's marriage to Miss Isabelle Pope three days befor* hid death, Olson said. Miss Pope received an SB,OOO annuity under the will. A statement by Jerome Matlllo of Indianapolis, a relative by marriage of Mrs. Shepherd, was read to the grand jury today. Matillo went to Texas fourteen years ago with Shepherd and his brothel Treston to build a Bun galdw for Mrs. McClintock. Mrs. McClintock told him, the statement says, that she was going back to Chicago to see an attorney and “that she wasn’t satisfied with , the way things were going.'* Workmen at the bungalow hadn’t been paid, she told him. Shepherd, she said, offered to go to Galveston with her, but she refused to allow him. Mrs. McClintock arrived home in a dying condition, Matlllo said, In the statement. Friends In Custody Miss Ruby Peel and Mrs, J. D. Davidson of Albuquerque, Mex., who arrived here today In response to a message from Shepherd were taken into custody by officers and driven to Crowe's office. The officers said Crowe Wanted to question them. The Shepherds went to Albuquerque a few days after McClintock died to recuperate. Shepherd wired the women to come here and help defend him, It was stated. COOLIDGE DROPS WARRENBATTLE (Continued From Pag® 1) point to Plymouth, Vt., the President’s old home. , Sargent’s nomination by unanimous consent was referred to the Senate Judiciary Committee on request of Senator Cummins, chairman of the committee. Under urgent requests from Senators Robinson, Democratic leader and Senator Reed, Missouri, Democrat, who led the fight against Warren, Chairman Cummins of the com mittee announced a meeting of tlu committee would be held at 2:31 p. m., in the hope that the nomination might be reported out and final ly acted upon by the Senate before adjournment tonight. Senator Curtis, Republican leader, said a session of the Senate would be necessitated tomorrow as two or three lesser nominations would be sent up. ■ / Adjournment of the special session of the Senate la contemplated for tomorrow night. AUTHOR’S WIFE AIDS Mrs. Nicholson Sends $25 for Mrs. Burton Davis Mrs. Eugenie Nicholson, of Golden Hill, wife of Meredith Nicholson, today sent the Indianapolis Times a .check for $25 for Mrs. Burton R. Davis of Southport, widowed with four children when her husband was killed two weeks ago by a traction car. A “friend’’ also gave $2. South port neighbors have raised funds to buy Mrs. Davis a home.
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BANDITS GET $25,000 Chicago Jewelry Stores Victimized by Six Hold-up Men. Bv United Press CHICAGO, March 17.—Bandits engineered two hold-ups, securing between $25,000 and $35,000, here today Two bandits held up the Morris Llpkin jewelry store on the south side and escaped with SIO.OOO In dia-
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monds and other Jewelry, while four bandits cleared out the Joseph Levine loan bank on N. Clark St., taking between SIO,OOO and $25,000 in jewelry and money. 477 Permits Issued Building operations amounting to $633,372 were Instituted In Indianapolis last week, according to report of Francis F. Hamilton, building commissioner, to the board of safety today. Permits Issued, 477.
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