Indianapolis Times, Volume 37, Number 171, Indianapolis, Marion County, 18 November 1925 — Page 11

WEDNESDAY, NOY. 18, 1925

PORKER VALUES RULE FULL

CREDIT WARNING TO STOCK MART GOES UNHEEDED General List Resumes Slight Recovery at Start of . Day. Average Stock Prices Average price of twenty industrial stocks for Wednesday was 163.48, up .37. Average price of twenty rails for Wednesday wa 5106.63, up .01. Bu United Press _ NEW YORK, Nov. 18.' —A. C. Miller’s warning’ against excessive use of credit for speculative purposes which Wall Street interpreted to represent the sentiment of tilt entire Federal reserve board was received without concern by the stock market which continued the slight recovery in progress at thfe previous close. Chesapeake and Ohio maintained its leadership of the rails advancing % to 115%, while the industrials were generally higher. IT. S. Rubber gained a point to 92%, Hudson % to 104%, Studebaker % t0‘56% and U. S. Steel % to 131%. Another flood of selling broke out in the late morning, forcing the leaders to new low ground on the reaction. United States Steel broke 1% to 130%; American Can 2% to 249; General Motors 2% to 127. Hudson 5% to 98; White 3% to 78; Cast Iron Pipe 5 to 197, and Dupont 5 to 222. After 12 o’clock the general list developed better resistance to selling pressure due to easement in call money to 4% per cent from the 5 per cent renewal rate. Local Bank clearings —Nov. 18— Indianapolis bank clearings lor today totaled 53.028.000. Debits for today amounted to $7,297,000. Commission Row Prices to Retailers Fruits Apples Jonathan, 40-pound basket, $1.75 02: Grimes Golden. 40-pound basket. $1.75®2; Delicious. 40-pound basket, $2.75; W. Bananas. 40-pound basket. $1.75; King Davids, 40-pound basket. $1.50; Northern Spy, 40-pound basket. $1.75; Rome Beauty, fey., bbl.. $0.50; cooking apples, $1.50. Bananas—Bc a pound. Cocoeiiute—Jamaica. [email protected] for 100. Cranberries —llcParlins. box, $0.70® 7.25: Matthews, box, $7: Howes, box. SB. Grapefruit—Florida. $3.75 (ft 6.75. Grapes—Emperor, crt.. $1.50® 1.75. Lemons—California. 300s. $5.25 @ s.i>o. Limes—s2® 2.50 a hundred. Oranges—California Valencies, $‘J.oO; Florida. $7.25® 8.75. Pomegranates—California. s.j jewt. Satsumas —Fey. Alabama. $4.75® 5. Vegetables Artichokes—Fey. California. $1.75® 2 dor. Beans—Green stringless. s3® 3.50. Beets —H. G., bu.. sl. Brussels Sprouts—Fey. California. 2o@ 300 pound. Cabbage—Fey. 11. G. 3c a lb. Carrots—H. 11.. bu.. $1.25® 1.60. Cauliflower —Colorado, crt.. $2.50@3. Celery—Michigan, $1.60 @ 1.75 Cucumbers—Florida, hamper. $4.50. Eggplant—Florida, do?., $2.50. Garde—Fey. California. 15c lb. Kale—H. G„ bu.. 05® 75c. lyettuec—Western Iceberg, crate. $4.05 <@4.50: H. H.. leaf. 15-pound basket. $3; endive, doz., 30® 35c. Mangoes—Florida, peck. $1.25. M ushrooms Fey.. 3-pound basket. $1.75. Onions—Vellow. $2.50®3: 11. G.. hothouse. $3.5003.75; Spanish, crt.. $1.05 ® i .75. Okra—Basket. sl. Oyster Plant—Fey. 11. G.. 50c doz. Parsley—Fey. H. G.. doz . 35®40c. Potatoes—Michigan white. 150-lb. sack. $5.25®5.50; Idaho, per cwt. $4.5004.75: lnd. Jerseys, a bu.. $2.25® 2.50. Radishes—Doz. 50c. Rutabagas—Fey.. $1.75 cwt. Spinach—H. 0., bu.. $1.50. Squash—Hubbard, bb!.. $2.25. Turnips—New H. G.. SI @1.25. Tomatoes—Case, $5.50.

Produce Markets

Eggs—-Strictly tresh ueli’ered at Indi anapolis. 52 fa. 54c, loss off. Poultry—Hens. 20c; Leghorns, 12c; springers, 18c: Leghorns and blacks. 15c; voting turkeys. 31a; old turkeys. 25c; cocks anil stags, lie; ducks, log. Butter Jobbers selling prices tor creamery butter fresh prints. 49®51e. Butterfat—Local jobbers say they are paynig 51c a pound for butterfat. CUsese—Selling prices. Domestic Swiss 32®43c: imported ,53 (ft 50 e: New York brick, 28c; Wisconsin limburger 27 Vj® 28Mic: Wisconsin Daisies, 27V.c: Long - Horn 9, 28029 c; American loaf 34c pimento loaf 30c: Swiss loaf 39c CLEVELAND. Nov. 18.—Poultry Heavy express fowls, 24 fit' 20c: medium, 22® 24c; Leghorns and light stock, 15 tefl 10c; springers, 24 (TO 25c; Leghorn springers, 17®19c: cocks. 15@16c; heavy young ducks, 24 (u 20c: light young duck*. 22 @ 24c: geese, 22 ® 23c: turkeys, 40 ® 42c. Butter—Extra in tub lots, 54 fa'6sc; extra llrsts, 52® 55c: firsts, 49® 50c; packing stock. 35c. Eggs—Northern Ohio extras, 05c; northern Ohio extra firsts, 00c: Ohio firsts, 58c: western .firsts, 55c. Potatoes—Michigan round white, 86: Indiana, 84 75 per 150 pounds; Ohio, 82(92.10 a bushel: Idaho. $4.75@5 per 100 pounds. CHICAGO. Not - . 18.—Butter—Receipts, 5,879; creamery, 50 44c: standards, 4544 e firsts. 44fa!450: seconds. 41 (043 c. Eggs —Receipts. 1,572: ordinaries. 44 fa. 52c: firsts. 55(,t00c. Cheese —Twins. 2344 c: Americas, 24 '■(. e. Poultry'—Receipts. 7 cars: fowls 18 fa 24c. spring 24c ducks. 30® 23c, geese. 18,-: turkeys. 35c: roosters. 16c. Potatoes—Receipts. 407 cars: Wisconsin and Minnesota round whites, $3.35 fa 3.75: Michigan anil Wis cousin whites. $3.50®3.75; Idaho russets, $3.50® 4. NEW YORK. Nov. 18.—Flour —Quiet and tinnier. Pork—Steady mess. S3B. Lard—Lower: midwest .$lO. ftOfa 10.70, Sugar—Easier: 90 test. 4.02 c: refined. auTct: granulated. 5®5 40c. Coffee—Rio Wo. 7. 18c: Santos No. 4. 23®23 14c. Tallow—Dull; special to extras. 95* fa'loc. Hay—Easy: No. 1 $1.50 No. 3. $1.25 in 1.30: clover. sl.lo® 1.45. Dressed poultry—Quiet; turkeys. 30 fa 52 c: chickens 23® 42c: capons. 35® 50c; fowls. 15® 32c: ducks. 17 fa 30c Long Islands. 28® :tOe. Live poultry—Firm: geese. 14® 30.'; ducks. 14 fa 30c; fowls. 19 fa 30c. turkeys. 35®45c; roosters, ltic; ehix, 23 rii 35c broilers. 28® 30c. Cheese—Steady; state milk, common to spevial. 21®28c; voung Americas, 25 V, fa! 20c. Butter— Firmer: receipts. 17.950: creamery extras, 52H®53c: special market. 53 Vi fa!s4c. receipts. 1.570: nearby white fancy. 70fa!80c: nearby state white, oil fa!7Bc fresh firsts. 55 ® 59c; Pacific caoet, first to extras. 51© 7.5 c; western whites. 45®78e. Wholesale Meat Prices Beef —Native steers 500 to 800 I'os 19®21c: fores under carcass. 2c hinds over carcass. 4c native heifers 300 u 450 lbs. 17® 21c: fores under carcass, lc hinds over carcass 2c, native cows 400 to 700 lbs.. 10 V 4 <9l2c:. fores under carcass lc hinds over carcass, lc. Pork —Dressed hogs—l4o to 200 lbs.. 20Vi® 20 -54 c: regular picnic hams. 4 to 14 lbs., 17®20V4c- fresh tenderloins. 55c: pigsfeet fores. 10c. Veal—Carcasses. 70 to 206 lbs. 18®23c: hinds and saddles over carcass. 7c: fores under carcass. sc. Mutton —Spring lambs. 25 to 40 lbs. 30c: mutton Local Wagon Wheat Indianapolis nulls and grain elevators are paying $1.02 for No. 2 red wheat. Other grades on then merits GETS SUSPENDED TERM Glen Gnumer, 19. of 401<;>f. E. Washington St., was fined $1 ana costs and given a suspended sentence of one to fourteen years at the Indiana Reformatory today on grand larceny charge by Criminal Judge .James A. Collins. Clyde White, Herbert Marsh and Paul Dehoff were discharged on vehicle taking charges.

New York Stocks ■ (By Thomson & McKinnon)

All Quotations New York Time —Nov. 18— _ Railroads— Prev. High. Low. 1:00. .close. Atchison ..123% 122 132% 1.-2^ Atl Csti L. .220 ... , 225 4s 22 <% B& O ... 92% 90% 90% 91% Can Pac •• • ’49 C & O ...115% .. 113 114% C & NW.. 71 ... 70% -1% CRI &P. 40% 45 45% 40% Del & Hud. 140 ... 146 146 Del & Hud. 139 ... 139 ... Erie 30 % ... 30 30 % Erie Ist pfd 43 ... 4 ; % Gt North pf 77% ... *5% 70% Lehigh Val 83 ... 82% 82% L&N .. 130% ... , 129 130% Mo Pac pfd 83 % 83% ,83% NY Cent.. 128% ... 126% 128 $ NY NH & H 40 % 39 39 % 39 % North Pac. 74% ... 72% 73% Nor &Wn 144% ... 143 Vi 144% P Sc W Ya 104 . KJ3 104% Penney ... 61% 50% ol % 60% Reading . . 88 ~. . 80 % 81 % So Railway 113% ... 113',4 114% Sou Pacific 100% ... 100 100% St Paul .. . 10V4 ... % 10 St Paul pf 22% 20% 20% 38% St L & SW • 54% St L&SF 97 % ... 97 % 97 Union Pac 143% 142% 143 143% Wabash ...30% ... 38% 40 Wabash pf 71 70% 71 70% Rubber*— Fisk Rubbr 25% 25% 25% 26% Goodrich R 69% ... 87 68% Goodyr pfd 110% .. 11 •> 44 110% Kelly-Spglid 17 . .. 16% 16% IT S Rubber 92 % 88 % 90 % 91 % Equipments— A C a.nd F 109% ... 107% 109 Am 3tl Fdy 42 41% 41 v, 40% Amer Loc 121 117% 118% 12l Ba.ld Loco 125% 121 % 124. 125% Gen Elec.. 317 309% 310% 314% Lima Loco. 60 ... 00 00% N Y Airbk 37’4 37 37% 37% Pullman ..159% 157% 159 Jo 9 Ry Stl Spg 174 ... 173 175

GRAIN PRICES SLIDE DOWN Wheat Trade Slow Pending Developments. B u United Press CHICAGO, Nov. 18.—Fractional recessions were registered in initial dealings on the Board of Trade today. A barrier of conservatism was thrown up against offers of long wheat. The trade was generally inclined to go slow, pending later developments. Favorable weather and weakness In the leading cereal depressed corn. Oats were neglected and opened unchanged. Profit taking eased off provisions prices. Chicago Grain Table —Nov. 18. By United Press— WHEAT— „ Prev. Open. High. Low. Close, close. •Dec. 1.57% 1.58 '1.55% 1.55 % 1-57% t Dee. 1/0 % 1.56% 1.54 1.04% 1.50% •May.] .55 % 1.54 1.61% 1.02 % 1.64 tMay.1.52% 1.52% 1.5 U% 1.51 % 1.52% rv )i? v Dec.. 70% .70% .75% .75% .70% May. .80% .80% .79 % .79% .80% OATS Dec.. .38% .39% .38% .39% .38% May. .43% .18% .43 Vs ,43% .43 V* LARD— Jan 14.25 14.25 14.22 14.22 14.47 RIBS— Jan nominal _ 14.50 14.50 RYE— Dec.. .84% .85% .84 % .84% .84% May. .91% .92% .90% .91 .91 CHICAGO. Nov. 18—Primary receipts: Wheat. 1.9)6,000, again* tl,921.000: com. 605.000, again*t 470.000: oats. 508.000. against 601.000. Shipments: Wheat, 600.000. against 1,881.000: corn. 285.000, against 214,000; oats. 416.000. against 512.000. CHICAGO. Nov. 18.—Carlot receipts were: Wheat. 9; com. 107; oats. 36: rye, 1.

Indianapolis Stocks

—Nov. 18— —Stock*— Bid. Ask. American Central Life 200 ... Am Creosotimr Cos pfd Advanca-Rumely Cos com... 17% 18% Advance-liumely Cos pfd.... o 9 *>.- Belt R R com 09 71 Beit R R pfd ........ 54 .- A Cent lnd Power Cos pfd.... 88% JCentury Bldg pfd 99 -:a u Citizens Gas Cos com 39 % 40 A Citizens Gas Cos pfd...... IUo Vj ... Commonwealth Loan pfd... 9b ... L’mtable Securities coin 51 Indiana Hotel com 100 ... Ir liana lintel pfd 100 ... Indianapolis Gas Ini pis & Northw pfd 33% .■ • Inc.pl* & Southeast pfd .. *0 Indpls Street Railway. .. 34 37 .a Interstate Pub S prior lien. J 8 101 Merehans P Util Cos pfd.... 30 ••• Public Service In Cos lb ••• Rauh Fertilizer pfd 4b Standard Oil of lnd 9-J ft • i.. u Sterling Fire Ins ........ 11 % % T H 1 & E com 2 4 T H I & E pfd 27 30 T H I & 1 93 100 Union Trac of lnd c0m.... .. 1 Union Trac oi lnd I/t pul.. •• *5; Union Trac of lnd end pfd. •• 3 Vaii Camp Pkg Cos pfd. ... 14 ... Van Camp Prod Ist pld. . . 91% 9 Van Camp 2d pfd 91 % 97 Wabash Rv Cos com Wabash Ry Cos pfd —Bonds— Belt R R and Stk Yds 4s. . 87 Broad Ripple 6s 70 ... Citizens Gas . JJJ* -JA Oitizens St Rv ss. . ....... 79 83 Indiana Coke and Gas 65... 34% 90% i.diana Hotel 0s 95% ... Indiana Northern 5 lnd Rv and Light 6s Ind Union 5g -3 lnd Col & So 6s 90 100 Indpls Gas os 90 9e% Indpls Lt and Ht 5s 98% ... Indpls & Martinsville 05... 31 ••• Indpls Northern 5s 23 -0 Indpls & Northwestern os., ol % 55 Indpls & S 5s . ••••••- 5p2 Indpls Shelby * 9 E 65... .. go Indpls St Ry 45.. ... . . 53 50 Indpls Trac and Term 01. . 90 93 Indpls Union Ry 5s 98 Indpls Union Rv 4%s 98 Indpls Water Wks Sec 9o ••• Irdpls Water n%s Indpls Water 4 % s . . 92 94 Interstate Pub Brv os. .. .. 99 101 Interstate Pub Ser B 0%9..101 ... T H I & E 5s 70 72% T H T and Light 89 ... Un Trac of Ind 6s 20 ~o —Bank Stocks— Aetna Trust and Sav C0..110 ... Bankers Trust Cos 120 City Tru*t Company 120 ... Continental Trust Cos 100 ... Farmers Trust Cos 210 Fidelity Tr Cos 104 Fletcher Amer ...152 ... Fletcher Sav and Trust Cos 225 Indiana Nat Bank 259 207 Indiana Trust Cos 220 ... Live Stock Ex Bank 100 ... Merchants Nat Bank ....305 ... Marion County State Bank. 160 ... Pei tiles Stnte Bank 202 ... Security Trust . 210 State Sav and Trust 61 65 Union Trust Compajiy 340 400 Un Lab Bk and Tr Cos ... Wash Bank and Tr C 0...150 ... —Liberty Bonds— Liberty Loan Ist 3 Vis. . . . 99.50 99.70 Liberty Ix>an Ist 4% s. ... 101.74 300.00 Liberty Loan 2d 4% s. ... 100.76 100.90 Liberty Loan 3d 4%5. .. .100.82 101.00 Liberty Loan 4th 4% 5... 102.02 102.16 U. S. Treasury 4%s 106.70 107.00 U. S. Treasury 4 102.90 103.00 THREE MISSING Police Keep on Look-Out After Reports Are Received. Three youths were reported missing to police late Tuesday. Bernard Mulholland, 15, left his home at 836 Lincoln St. Elmer Romans, 5, of 1347 N. Illinois St., was wearing a dark overcoat, brown cap, checkered suit and rubber boots. Police watched out-going cars to Columbus, Ind., for Charles Kinney, 34 W. North St., who according to his mother, Mrs. Edith Kinney, left his home, wearing a khaki overcoat with fur collar, dark tan shoes, blue knit cap, and brown trousers.

West Abk 123% Westh Elec. 74 Vi .. ~ 73% 74 Steels— Bethlehem. 47 ... 46% 46% Colorado F. 38% .. . 38% 39 Crucible’ ... 77 ... 77 79 Gulf States 87% 86% 87 80% P R C & t 42% 41 Va 41% 41% RI * Stl 512 . M% 63 a Sloss-Sheff. 114 ... 110% 112% U 8 Steel. 133% 130% 130% 131% Vanadium. ... ... ... 30 Motors— Am Bosch. 30 ... 29% 30% Chandlw M. 41 % 39% 30% 40 % Geu Mot. 130% 127 127% 129% Martin-Parr 22 % 23% 22% Mack Mot 227% 215 220 223 Chrysler ..210% 203 209 212% Hudson ...106 98 % 99% 103% Moon Mot,. 34% ... 33 33% Studebaker. 50% 65% 50 56% Hupp 25% 24% 24% 25" Stewart-W.. 77% ... 76 70% Timken ... 65 % 65 % 55 % 55 WUlys-Over. 27% 26% 20% 87% Pierce-Arr.. 34% 32 Va 32% 83% Minings— Dome Min. 16% 10% 16% 16*4 Gt. No. Ore 30 % ... 30 % 80 % Int Nickel. 45% 44% 45 45 Tex G & S 115% 115 115% 114% Coppers— Am Smelt. 120% ... 119% 120% Anaconda,. 50% ~. . 50 50% Inspiration ... ... ... 27 V Kennecott,. 57% ... 57 50% Ray Cop,. 13% ... 13% 13% U S Smelt ... ... ~.. 40 Oils— Cal Petrol.. 32 ... 31 % 31 % Mid-Con P 37% 36% 30% 37% Houston Oil 71 ... 71 71 % Marl and O. 57% 50 56 50% P-Am Pete. 72% ... 72% 72% P-A P (B) 74 ... 72% 73% Pacific OU. 59% ~ 59% <0 Phillips P, 44% ... 44V, 44% Gen Pete,. 49% 4ft 49% 49 Pure Oil., 27% 27Vi 27% 27% Roval Dut. 53% ... 53% 6.3% 8 OU of Cal 56 .... 56 50 % S Oil of N J 44 ... 42% 43% Sinclair ... 21 % ... 21 21 % Texas Cos.. 52 % ... 58 62 % Tr Con OU. 4% ... 4% 4% Industrials— Allied Ch. 110% ... 109 110% Ad Rumely ... ... ... 17 % Allis-Chalm 91% ... 89 91 Amer Can 254 % 248 248 201% A HAL pfd 63% Amer Ice. 127 ... 124% 120 Am Wool. .47 % ... 47 % 47 % Oen Leather 20% ... 19% 20% Coca Cola. 169 . . . 108 168 Congoleum. 21% ... 21% 22 Cont 0an..82 ... 80 81 Dupont ...229 % 221 222 227 Fam Play 100 .. . 105 106% G Asphalt. 57% ... 57% 58% Int Paper 60% Int Harv, 124 ... 121% 124% May Stores 131 . . . 129 131% Mont & W, 77 Vi 75% 76% 77% Nat Lead. 105 ... 165. 164% Owen Bot, 07 ~ . . 00% 07 Radio 48 Vi 46% 40% 08 Sears-Roe. 225 219% 220 , 222 Vi United Drg 153 ... 149% 162 US In AT, 88% ... 80 , .88% Wool worth 197 .. . 193% 190 Utilities— Am TA T 141% ... 141% 141% Con Gas,. 92% ... . 91% 93 Columbia G 80% ... 79 79% Peoplo's G 117% ... 117% 118 Wes Union 138% 137 137 Vi 139% Shipping— Am Int Cor 42 % ... 41 41 % Am S& C. 0% ... 6% ... Atlantic G. 60% ... 67% 00% In M M pfd 35 ... 36 30 % Untied Frt 230 Foods— Am 9ug, . 72% ... 70% 72% Am Bt Sug 33% ... 33% 34 Austin N 29% Com Prod. 37% ... 37 37% Fleischman 137 % ... 130% 138. C-Am Sug. 20% ... 20% 20% Punta Ale. 39% ... 39% 30 Ward Bak. 80% ... 80% 80% Tobaccos— Am Suma ... ... •••, .9% Am Tub, 114% ... 113% 116.. Gen Cigar ... ... ... 102% Tob P <B) 93 Lorrillard ... 37 Vs i... 37 37% U Cig Stor 106 ... 103% 104% NEW GARBAGE SUIT Sanitary' Board Asks Injunction Against Chemical Company. The board of sanitary commissioners today filed suit for an injunctioo in Superior Court Two against the Pitman-Moore Company, chemists, 1220 Madison Ave., alleging the defendant collected garbage in violation of a city ordinance. The board asked that farther collections be prohibited. Judge Sidney S. Miller of Superior Court Three recently ruled for the board when they charged garbage had been collected in the city by Jansen Farms, Inc.

ORPHANS’ HOME VISITED Odd Fellows Go to Institution at Greensburg. Children from, the Odd Fellows Orphans’ Home at Greensburg today entertained Indiana members of the order at the grand lodge meeting in the Odd Fellow Bldg. Officers’ reports were read and a few committees appointed. Further lodge business will be taken up later in the day. About 1,000 are attending the sessions, presided over by F. L. Behymer, Connersville, grand master. BAZAR HELD BY CHURCH Cafeteria Dinner Given by Fairview Presbyterian Women. The bazar and food sale of the Women’s Association of the Fairview Presbyterian Church opened Wednesday and will continue Thursday. A cafeteria dinner was to be given Wednesday evening. Mrs. Oakley M. White, president, and Mrs. M. E. Heiner, general chairman of the bazar are assisted by Mrs. Davis Hoarson. SHRINE SPONSORS DANCE Public Invited to Radio Affair at Murat Temple Thursday Night. Edgar Hart, captain of Murat Patrol, sponsoring a “radio dance” Thursday night in Egyptian room at the Murat Temple, today invited the public to attend. Shriner's organizations will participate. Music by Charlie Davis’ "Collegians,” will be broadcast by WFBM. Merchants Heat and Light Company. MURDER TRIAL TO OPEN Criminal Court Jury to Hear Stabbing Case Thursday. Claernce Bell, colored, 524 Holton Pi., will go on trial Thursday morning in Criminal Court before a jury on a charge of first degree murder. He is charged with fatally stabbing George Fillmore, colored, with a pocket knife. Bell will plead self defense on the ground Fillmore, also armed with a knife chased him, it is said. AUTO DRIVER SOUGHT Woman Struck and Killed, Husband Injured. Bu United Press 0 TERRE HAUTE, Ind., Nov. 18.— Police here are searching today for John D. Watson, 23, alleged driver of the auto which struck and instantly killed Mrs. William T. Barnett, 65 and injured her husband Tuesday evening.

THE INDIANAPOLIS TIMES

STEADY

Bulk of Swine Sales Are Made at Price of $11.55. Hog Prices Day by Day Not. Bulk. Top. Receipts. 12. 11.85 11.85 8.000 13. 11.75011.85 11.90 8.000 14. 11.90® 12.00 12.10 0.600 1 >1 90 12.10 8.000 17 11.55 11.05 1 4.000 18. 11.56 11.05 11.000 In spite of comparatively heavy receipts,-estimated at 11,000, porker prices ruled fully steady in the midweek session at the Indianapolis Livestock Exchange. Holdovers from the previous session, numbering 340, were added to the total fresh receipts. The bulk of the sales no matured hogs were made at a price of $11.55. Top value of sll 65 was placed on choice light weight matured stock. Pigs, however, commanded a price of $11.75. A price schedule was made shortly after tho opening of the market. Trading progressed rapidly and the run moved scale ward steadily. llog Price Scale Trading was done over the following scale of prices: Heavies brought $11:55; medium weight material sold at $11.55; light stuff moved at $11.55 @11.65; lights comamnded a price of $11.75; pigs were [email protected]; smooth packing sows cashed at $lO @10.50; roughs averaged $9.50@10, and stags were $9 @10.50. A run of cattle estimated at 1,200 was seen in the pens at the start of the session at the Exchange. Trading was not as active as it was Tuesday. Prices held steady, however. Steers were priced at s6@ 12.50; heifers [email protected], and cows s4@7. Calves Are Steady Choice lambs moved scale ward with an extreme top price of sls. Some of the run brought $14.75. Sheep were fully steady and sold over a range of ss@7. The run was estimated at 800. Calves remained steady and the run of material, estimated at 800 veals, moved to the scales with a top price of sl4. The bulk of the transactions for the morning were made at $13.60@14. Some traders quoted the market weak, since more veals commanded the top price in the previous session. —Hoes— Heavies $11.5 Mediums 11 -6.;> Liirht hors 11.55Q11.60 Light lights \\ l-a ,, pigs 11.65 ft 11.7.1 Smooth oowa 10.no® 10.50 Rough sows 9.50010.00 Stag? . 9.00010.50 ■ Cattle - Good to choice lat steers . ,$ 7.00012.50 Medium ste. rs § gholce heifers 5-s}s ommo nto fat heifers .... 300® 6.00 Prime fat cows 4-999 i 99 Caimers and cutter cows .. 2.50 0 4.G0 —Calves— Fancy veals sl4 00 Good veals 1 52®?f'99 Medium calves 9.00® 11.00 Common veals 6.00® 7 00 —Sheep and Lambs — Choice lambs Good ; 13.50 0 14.00 Good to choice sheep ......... 5.00® 7.00 Fair to medium 3.50® 6.00

Other Livestock CHICAGO. Nov. 18. —Cattle —Receipts. 13.000; market lor fed steer* stroll*. *oc up: heavies mostly higher; trading 1 rainy active, shipping demand showing improvement; best weighty steers early. sl~.Jr>; several loads. *l2 012.25: niediumweightß. $12.65; yearlings held around slo—s, balk lat steers. $8.50® 11; Stockers and feeders scare, firm: largely so.is@B: fat she stock 25® 40c lower; .other classes steady: veaiers, slo® 10.50. Sheep Receipts. 12. GOO: market for fat lambs active. strong. 25c up. quality and sorts considered ; bulk better grades. $10.20 ® 10.70. few $15.85 010; feeding' lambs strong few loads western comebacks. sls. 15.50: so me 09-pound averages at outside prices; fat sheep fully steady; odd lots native ewes. $7 0 7.75: heavies at inside figures. Hogs—Receipts. 21.000: market 10015 c lower: top, £H-65 :bulk SU.IO @ 11.60 r . heavyweights., medium weights. 11.00, . If]* weights. sll.lOO 31.0 : light SIO.’ 7 5 011.O5: packing sows $9,000 10.05: slaughter pig*. sllOll-90. EAST ST. LOUIS. Nov. 18.—Cattle — Receipts. 4,600; market steady: native steers, $7.05010.50: yearling heifers. $5 ®7:>b: cows. 54.j00j.00: and cutters. $3.35 @3.65: calves. sl3: Stockers and feeders, $5.50 00.50. Hogs—Receipts. 10.500. market 20 030 c lower: heavies. $11.3001100: mediums. fell-40 011.05; light $11.40011.00. light lights $11.35 011.70: packing sow*. $fl.20011.00; pigs. $9.75 010 30: bulk. $1160011.75. Sheep—Receipts. 2.000. market steady: ewes. $0 08: c®'*ner and cutters. $1.50 0 4.50: wooled lambs. $13.75015.60. EAST BUFFALO. Nov. 18 —Cattle-Receipts.-300: market, slow and steady, shipping steers $0 500 ll.oO: —.hutch r grades. s6®9jjo: cows. $1.700 0..51. Calves—Receipt* 350: market azkive oOc higher* cull to choice. $3.0001.>- Sha p and lambs—Receipts 300: market active, lambs 25c higher: choi lambs *l<>® 15.75: cull to fair, s9® 14-10. jearlings, $8012: sheep. $3.00®.9.00. Hogs—Reelpt*. 3.200: market active tc-ad.v. Yo.rks9olo: stags. $6.0008. CLEVELAND. Nov. 18.—Hoggs Receipts. 2.500: market steady: Yorker,. $12.75: mixed. $12.10: mediums, $11.85. pig*. $12.25; roughs, $9.00: stags. S0jO ; Cattle—Receipts, , 360; market active, good to choice bulls, ss@7. good to choice steer*. $8®9.00: good to choice heifers. *9 010.50; good to choice cows. $506; fair to good cows. *4@.>. common cow*. s3@4; milchers. SSO 0 100 Sheep and lambs—Receipts. 1.500. market 26c higher: top. sls.u. Calves Receipts. 300: market steady; top. sls. CINCNINATI. Nov. 18. —Cattle Receipts. 550: market steady: shipping steers, good to choic". $9 ®ll ->0 Cal \ e —Market strong: good to choice. sl3. Hogs—Receipts. 5.000; market most'y 25c lower- good to choice packers and butchers. $1165. Sheep—Receipts. 600 • market steady: good to choice. s4®>. Lamb* —Market steady: good to choice. sl4 015. TOLEDO. Nov. 18.—Hogs—Receipts. l.B0: market steady to 10c lower: heavies $11.50 011.00’ medium*.. $11.70 @ll 75: Yorker*. $1 i .75 ®ll 85: good pic* 91& 012.50. Calves—Market steady. Sheep and lambs — iarket steady. SENATOR GIVES VIEWS Watson Urges More Participation of Business Men in Government. “Business men must protect their business or they won’t have any business to protect,”, said Senator James E. Watson at the Rotary Club luncheon Tuesday at the Claypool. The Senator advocated more broadminded and active participation of business men in Government affairs. A lack of sane self-assertion on the part of business men helped Congress to become filled with demogogues, he said. STOLEN AUTO FOUND But Hi-Jackers Who Took Car, and Their Cargo Are Missing. Charles Adragna, Chicago, 111., tho victim of a pair of hi-jackers who stopped him on the road forty miles south of the city early Tuesday while he was en route to Louisville, Ky., and forced him to drive his auto which they filled with cans of liquor back to Indianapolis where they took his car, found his auto today in the 700 block on N. Illinois St. Adragna said some tools had been taken from the auto and all the cans removed. Police have found no trace of the bandits.

Indianapolis Business News Trade Forecasts and Comment on Local Market Conditions.

By Rader Winget “Prosperity in Indianapolis is due to continue indefinitely,” predicts Harry E. Watson, credit manager of L. Strauss & Company. “We have hardly reached the peak of good times and the city is bound to enjoy prosperity for several years at a minimum.” Being credit manager of a retail business organization. Watson is able to speak with knowledge gained from his daily business contacts. Credit is an index to business conditions. When times are hard it is difficult to obtain credit and retail stores do not extend the’ privilege of time payments. During good times, credit is easily arragned and various plans are extended to enable the purchase of merchandise on time payments. Today in Indianapolis, a thirty day account can be obtained if the applicant is worthy of tho risk. And the risk to the stores is very small according to several retail store credit managers. Those conclusions bear out the general opinion that ous city is in the midst of a great prosperity period. Twenty years ago. a man with a charge account had a stigma attached to his name. He was branded as one whose financial status was below normal. It was popularly supposed a man who had bills coming in each month was headed to ruin. That old conception of credit has changed in the last five years. In

Service the Foundation of Profit

3956

the greater number of cases, a charge account Is a convenience and not • a necessity or an overbearing obligation. But a note of warning must necessarily be sounded to those who would burden themselves with too much credit, says Watson. A man's buying power remains the same whether he pays cash or receives an account. He must still limit himself to those purchases which he can easily afford. If a person establishes credit that proves to be a benefit'to both the retail store and himself, he has found a helpful tool with which to work. But if a man abuses his privilege he finds credit is a double edged sword. Whether credit should be used to purchase luxuries is still problematical. It is certain an account is justified when only necessities are bought, according to Watson. But the dividing line between luxuries and necessities is difficult to determine and probably rests entirely with the individual. Even the amount paid for the article does not place it in one class or another, according to the credit men. If a man con not afford to bdy a $25 suit, it immediately becomes a luxury. “Don’t use credit io purchase luxuries,” seems to be the opinion of many credit managers. VANITY FAIRE FRIDAY Girls’ Federation of Third Christian Church to Be in Charge. Girls’ Federation of the Third Christian Chufrch will give its annual Vanity Faire, Friday evening at the church. A cafeteria supper will be served from 6 to 7 p. m. Miss Irene Lewark Is In charge of the minstrel show, and Miss Marie Wilson will be the soloist. A play “Joan Darby,” will be given. Side shows will be in charge of Misses Ruby Frakes and Clara Clark. Miss Fay Blankenbaker is general chairman. HOME TO COST *25.000 H. L. Simons today was granted a permit to build a $25,000 brick veneer house at 3909 N. Meridian St.

Births Girls Jasper and Rose Scott. 1330 Wade. Harry anil Clara Davis. 209 N. Holme*. Maurice and Emma Mendenhall, Methodist Horpitul. Walter and Elma Bonnell. Methodist °:Sferrili and Retha Miller. Methodist H °Cari end Sophia Foei nzler. 412 Bernard. Harry and Lorraine Swcarlnpin. 1302 S. Sheffield. . . Stanley and Mildred Armstrong. Cliristian Hospital. ... . a Baverto and Concetti Airresta, 125 S. Oriental. . .... . „ Herman and Bertha Summers. IuOO C °W* r ft;.m and Mary Bordcnkeeker, 144 N. Arsenal. Boy* Fred and Nora Woods. 5616 E. Michi**Warren and Lucile Compton. 6474 Fredrick and Elsie Donnell. Methodist H °Le!and and Florence Fink, Methodist Hospital. . , Charles and Zelma Newmeyer. 1201 8. Keystone. Harold and Ruth Fascell. 1314 N. Tremont. Samuel and Sadie Lowden. 1228 9. East. Clarence and Lucias Diekman. 1449 Roosevelt. Deaths Caroline M. Herold. 50. St. Vincent’a Hospital, labor pneumonia. Katherine Dobbins. 76. 1520 N. Park, acute bronchitis. Nancy Jane Van Hook. 04. 1222 N. New Jersey, chronic interstitial nephritis. Anton Rlsch. 48. 121 8. California, lobar pneumonia. Wilhelmina E. 7,i*mor. 85, 3155 N. Canitol. arteriosclerosis. Maria Boeldt, 79. 329 Orange, lobar pneumonia. William F. Sellers. 70. 3057 N. Capitol, acute myocarditis. Hugh Dougherty. 81. 520 N. Meridian, scute cardiac dilatation. Francis May Thompson. 19. 1850 Shelby, general peritonitis. Joseph Taylor. 2 day*. 1828 Martindale. nonelosure of foramen ovale. Doris McMurry. 3. city hospital, meningitis. Julius A. Hanson, 84. 1321 N. Meridian, arteriosclerosis. Lloyd Hobbs. 21. city hospital, septicaemia. Jason Lea Rippetoe. 80. 531 N. Bosart. pulmonary oedema. Bessie D. Cox. 36. Christian Hospital, septicaemia. Nancy Melvini Coy. 73. 0142 Ilaverford, arteriosclerosis Lottie Satterfield, 28. city hospital, lobar pneumonia. Grace L. Haunt. 43. 2541 N. Delaware, carcinoma. Catherine Connor. 83, 504 9. Missouri, hypostatic pneumonia. Odio Smith. 42. city hospital, diabetes mellitus. Mary Belle Green. 45, city hospital, mitral insufficiency. Jesse C. Bennett. 60. 908 N. Traub, pulmonary tuberculosis. PURCHASE E. U. ASKED The Calumet Gas and Electric Company, Gary, lnd., an Insull firm today asked the public service commission to approve its purchase of the Indiana Electric Utilities Company, Angola, lnd., for $7,685.17.

The Standard Oil Company (Indiana) states,' without hesitation, that it is in business and is organized to make a profit. It believes that no apology for profit making is necessary—that profit making is as serviceable to the consumers of its products as it is to the stockholders. Profits are the result of needed service—efficiently supplied. Without profits, service is impossible. Out of its profits, the Standard Oil Company (Indiana) finances its increased facilities for service. Out of these profits it extends its service and builds for ampler and fuller service in the future. Out of profits it pays its 50,000 stockholders for the use of their money. Standard Oil Company (Indiana) storage and service stations, spread over the length and breadth of the Middle West, are expressive evidences of service. Into the fanning regions of the west, service carried Standard Oil Company (Indiana) tanks and tank wagons, in advance of settlement. This service was of inestimable value to men struggling to force the land to produce and in the end has been profitable to the Standard Oil Company (Indiana.) Every expansion of this Company—bulk storage stations—modem refineries—scientific and technical equipment—all are essential service factors and all are made possible by profits through service. Every one will admit that oil has been an essential factor in the development of the Middle West. Motorists, farmers, business men—in fact, every one—will acknowledge, that the Standard Oil Company (Indiana) has been a major factor in bringing oil products to automobiles, to factories, to farms, to homes, with a guarantee of dependability and of quality. To render this essential service would have been utterly impossible except for the ability of the Management to conduct the affairs of this Company so that profits could be returned to the stockholders. Profits are the inducement for capital to invest. The ability to create profits has enabled the Standard Oil Company (Indiana) to attract the capital necessary for its expansion. This Company has proved, in its long experience, tnat economies of production and distribution can be achieved only through a heavy investment of capital and a highly perfected organization, working with enthusiasm and sustained energy. Standard Oil Company (Indiana ) General Office: Standard Oil Building 910 S. Michigan Avenue, - Chicago

SCOTTISH RITE TO HEAR HEAD Sovereign Grand Commander to Speak. M. Abbott, Boston, Mass., sovereign grand commander of tho Supreme Council, will speak tonight at a banquet, featuring the sixtieth convocation and reunion of Indiana Scottish Kite fit the Cathedral at 'IH S. Pennsylvania St. Dr. Walter J. I,eSaulnler, thrice potent master, will Introduce Winfield T. Durbin of Anderson. ex-In-diana governor, who will be toastmaster. Accompanying Abbott is Samuel F. Hubbard. Boston, marshal of the camp, who also will speak. Class of 143 candidates received the degrees of Rose Croix and Indiana Consistory, S. P. R. S. William 11. Kershner, most wise master, and Marshall T. Levey, consistory commander, presided. Remaining degrees, Including the thirty-second, will be given the class Thursday and Friday. Class banquet will be held Friday night. SERVICES HELD HERE Funeral of Hugh Dougherty to Be at BluiTton Thursday. Dr. Virgil E, Rorer, pastor, and Bishop Edwin Holt Hughes, Chicago, officiated at funeral services for Hugh Dougherty, Fletcher Savings and Trust Company vice president, who died Monday, at II a. m. today at the Meridian Street M. E. Church. Burial will be Thursday at. Riuffton, his former home, following services there at 2 p. m.

PARENTS SHOULD INVESTIGATE OUR VALUES BOYS’ SCHOOL CLOTHES fjgUfffg ™ IVlirr* Washington Crnnnru Delswsr*

11