Indianapolis Times, Volume 37, Number 202, Indianapolis, Marion County, 24 December 1925 — Page 9

THURSDAY, DKC. 24,1925

LIGHT RECEIPTS FORCE HOGS HIGHER

BUOYANT TONE IS SHOWN BY GENERAL LIST I Traders Pleased by Suspension of Trading on Saturday.

Average Stock Prices

Average price of twenty industrial stocks for Thursday was 155.98, up 2.07. Average price of twenty rails for Thursday was 111.11. up .77. llu United Press NEW YORK, Dec. 24. Wall Street had its cup of Christinas joy filled by the decision of the Stock Exchange governors to suspend trading Saturday and of the directors of the New York Federal Reserve Dank to maintain the rediscount rate of '.i’/j per cent. Rejoicing occasioned by these developments, which were announced after yesterday’s close, was- reflected in the buoyant tone in the general list during the early dealings. U. S. Steel common advanced half io around the best levels of the current move at 135% and other leaders of the week’s recovery were in active demand, with some irregularity in evidence in the motors. The holiday spirit continued to [pervade the stock exchange dealings during the late morning and aggressive advances went ahead in every section of the list. U. S. Steel furnished enthusiastic leadership, moving up on heavy transactions to anew high on the movement at 137 where it was 214 points from its record high. Shorts in Gulf States Steel were given severe punishment, the stock advancing to 94, up 414 from Wednesday’s low. Safety Cable called attention to its admission to trading on the big board by spurting to 50%, up 2 points from its final transactions on the curb. Local Bank Clearings —Dec. 24 Indianapolis bank clearings for today amounted to $3,585,000. Debits were $7.188.000.

Foreign Exchange

,f NBW’ YOR^ SS Deo. 22.—Trading was suspended on the foreign exchange market at noon today and any fluctuations between now and Monday will be purely nominal. The market closed steady. Demand Sterling, $4 85. Francs. 3.67 c, off 02 c. Lire. 4.03 %c. Belgium, 4.53 c. Marks. 23.80 c. Holland. 40.17 c. Sweden. 26.81 c. Russia. 5.15 c. Hong Kong, 58 %e. Shanghai, 75 Ike. Yokohama, 43.19 c. DIVIDEND IS DECLARED Standard Oil of New York Gives 25 Per Cent. B D United Press . NEW YORK, Dec. 24. The • Standard Oil Company of New York today declared a stock dividend of 25 per cent. This declaration follows a consummation of a merger of the Magnolia Petroleum Company into the Standard Oil of New York by the exchange of four shares of Standard Oil for one of Magnolia, or a cash payment of $181.23 a share for Magnolia.

Produce Markets

Lgga—Btrirt.l.v treah rilterl *1 indi anapoli9, 35®37c. loss off. Poultry—Hens 2*2 024 c Leghorns. 15c sin-uigers 22 0 24c: Lee horns and blacks 14016 c: voun turkeys. 35037 c: old turkeys. 28c: cocks and stasß 11c: duck* 16017 c. duller Jobber* selling uric*, tiv creamery butter fresh prints. 48®o0c. Clieest*—SelltnK prices luimrH'.it Swiss 33®44c; imported 53 0 59c: New York, brick. 28c: Wisconsin limburger. 28 0 :.’9e; Wisconsin Daisies. 280 28 %c: Lons Horns, 28 %® 29 %c: American toaf. 34c: titnieiili umt die CLEVELAND. Dec. 24.—Poultry— Heavy express fowls, 27028 c: Leghorns. 200 2tlo; springers. 29 0 30c: Leghorn spnnegTs, 22024 c; cocks, 17: heavy young ducks, 30032 c; geese. 22 0 24c; turkeys, 50®52c. Dressed poultry—Turks, 52055 c: ducks, 38c: geese. 28®30c; chickens, 36037 c; fowls. 32035 c. Butter —Extra In tub tot*. 52c: extra firsts, 46 046 %c. firsts. 46c: packing stock. 32c. Eggs—Northern Ohio extras. 58c: northern hio extra firsts, 48c: Ohio firsts, 44<r; western firsts. 43 %c. Potatoes—Ohio. $2 02.05 a bushel: Idaho bakers. $3 per box: Colorado, $5 per IOOp-ound sack. CHICAGO. Dec. 24.—Butter —Receipts, 4.852: creamery-. 46 %c standard. 45% c: firsts. 42 %0 43 %e; seconds, 40®40%c. Eggs—Receipts. 3,142: ordinaries. 34® 36c: firsts, 40 0 41c. Cheese—Twins, 24cj Americas, 24%. Poultry—Receipts, o care; fowl*. 19024 c; spring, 27c; clucks, 25030 c: creese, 19021 c; turkeys. 3o® 43c; roosters, 16c. Potatoes—Receipts., 139 cars: Wisconsin round whites. $3.80 04.15; Idaho :usaetts. $3.75®4. NEW YORK. Dec. 24.—Elour—Quiet, firm. Pork—Dull: mess. $34. Lard Strong: Midwest, $15.20015.30. Sugar— Steady: 90 test. 4.lie; refined steady; granulated 5 05.50 c. Coffee—Rio No. 7. 17% 0 17'Ac: Santos No. 4. 22%0 °3Kc. Tallow—Duli: special to extra. 9 % 0 9 % c. Hay—Firm: No. 1, $1.45: No. 3. fti.2uo 1.25: clover. $1.1001.40. Dressed poultry —Steady: turkeys. 300 55c: chickens. 24040 c: capons. 30® 55c: fowl*. 10® 35c% ducks. 17®33c: Long Islands. 31 0i1 330. Live poultry—lrrfgu -r: - r l3 ®2oc: duck*. 15 0 32c; fowls. 21®29c; turkeys. 45050 c: roosters. 17c: -broi.ers. 35 0 45c Cheese—Firm: State mint common to special. 21025%c: Young Americas. 23% 026 tie. Butter—Firmer: receipts. 9.371: creamery extras, 48% 0 I9e: special market. 49%®>50e. Eggs— Firm: receipts, 13.493: nearby white fajicy. 54®S5e: nearby State white. 45 0 53c: Iresh firsts. 44® 50c: Pacific coast first to extras, 450 52c: western whites, 43 0 53c.

In the Sugar Market

By Thomson Si McKinnon NEW YORK. Dec. 24 —The inability of tho sugar market to hold rallies as prices approach tho 2.75 limit for September indicates that producing interests are content to hedge new crop sugars on this basis, with refiners accepting business 20 points below the 6.50 list prices and apparently covered for supplies for tne first part of January and a disappointing inquiry from Europe, we are of the opinion that prices will gradually work to a lower level. Wholesale Meat Prices ~ .Beef—Native steers 600 tc 800 iba. I- J.9® 20c: fores under carcass. 2c: birds ' over carcass. 4c: native heifers. 3<K) to 460 lbs.. 16 % 020 c: fores under can-.- s. lc: hinds over carcass. 2c- native ccw* *OO to 700 lbs. 12 013 c: fores under carcass, lc: lands over carcass lc Pork —Dressed hogs—l4o to 200 lbs.. 18%cregular picnic hams. 4 to 14 lb 4 16l8%e: fresh tenderloins. 50c. Veal —Carcasses. 70 to 200 lbs.. 18 023 %c: hinds aid saddles over carcass 7c: fores under carcass sc. Mutton—Spring ’aim* 25 to 40 lbs.. 31c Local Wagon Wheat mdtanapoh* mill® sna grain eJf*vm<r* are paying $1.73 for No. 2 red wheat. Oioer on their merit* SHIPPERS’ FORECAST By Friday night, north and west, 15 to 25: south and east, 20 to 30.

New York Stocks > ’ ___________ 1 (By Thomson A McKinnon 1

All Quotations New York Time —Dec. 24 — Railroads— „„„ Prev. High. Low. 1:00. close. Atchison . . 135 % 13.2 % 136 % 131 All Cst L. .305% ... 205% 266 B & O ... 93 ... 92 % 92 % C & O ...127% 127 127% 128 C * NW.. 80 79% 80 79% C K I Sc P. 66% - 50% 56% 56% Del Sc Hud. 14b % 148% 148% 148 Del Sc Lack I^% Erie 38 % ... 38 i 37 % Gt Nor pfd 79 % 78% 78% 81% i.ehgih Val • BJ% L & N . . .144 ... 144 144 i\io Pac pfd 89 . - ■ 89 89 NY Cent .7131 130% 130% 130% NY NH Sc H 45% ... 4.->% 46% North Pac. 70 ... 70 75% Nor Sc Wn 148% 148% 148 % 148% Pere Marq. .. ••• ••• T ANARUS/ Reading ... 88 87% 88 87% So Railway 119% ... U3% Hnil Sou Pacilic 101 ... 100% 100% St Paul % ... 9’ % St Fuul pfd 19% ... 19 18% St LSc SW 65% ... 65% 65 St L 4c S F 99 ■ 99 98 % Un Pacific 150 i4f)% 150 449% Wabash ... 44% 43% 44 44 Wabash pf 73% 7 3 73 % 72% Rubbers— • Fisk Rubber 22 % 22 % 22 % 22 % Goodrich R 61% ... 61 % 61 A Kclly-Spgfld 17% ... 17% 18 U S Rubber 82 81 82 81% Equipments— A C and F 110 ... 110 109% Am Stl Fdy 47% 40% 46% 46% Amer Loco 119% 119 119% 148% Raid Loco 131% 130% 131% 130% Gen Elec . . 332 % 328 % 332 % 327 _ Lima Loco. 69% . . 69% 99 % Pi- Stl Car 69% 09% 09 >5. 68% Pullman ..168 166% 168 168 R.V Stl Spg 180 172 180 ... Westh Able , .• • 124% Westh Elec 75 74% 74% 74% Steels— Bethlehem. 48% 47% 48% 47% Colo Fuel . . 37 ... 26 % 27 Crucible .. 81% 81 *l% 80 Gulf States 92% 92 93% 92% P R C & I 42% 41% 43% 41% Rep 1 & S 60% 50% 60% 59% Sloss-Sheff 137% 136% 137 130% t! 8 Steel 137 135% 136% 134% Vanadium. 31% ... 31% 31% Motors— Am Bosch. . 31 % ... 31 % 31 % Chand Mot. 47% 47% 47% 47% Gen Motors 116% 114% 116% 115% Mack Mot .221% 219% 220 220 Chrysler . . 190 193 195 195% Hudson ... 115% 114% 116% lUJii Moon Mot. 36% ... 38% 36% Studebaker. 50% 50% 50% 66% Hupp 27 26% 27 , 20% Stcw-Warn9s% 92% 92% 03 Timken ...54% ... 54% 54% Wlllys-Over 20% ... 26 26% Pierce-Arw. 35 *i ... 36% 36 Mining*— Dome Mines . . ... ... 17 Gt Nor Ore 26% 26% 26% 26% Jilt Nickel . 44% 43% 44 43% Tex G Sc S 117% Coppers— Am Smelt 137% 136 137% 135% Anaconda.. 60% ... 50% 50% Inspiration. 26 25 % 26 25 Kenneeott . . 55% ... 55% 05 Ray Copper 12% 12% 12% 12 U S Smelt. 47% ... 47% 47% Oils— Cal Petrol. 32% 31% 32% 31% Midcont Pet 35% 34‘a 34% 34% Houston Oil . . ... ... 71 Mat-land OH 67% 57 57% 56% Pan-A Pete 76 % ... 75 % 75 % l'-A Pete B 78% 77% 78% '.7% Pacific- Oil. 68 00 07% ‘l4 % Phillips Pet 44% 44 44% 44 Gen Pete... 63 % 63 % 63 % 53 % Pure Oil . . 29% ... 29% 29% Royal Dutch 54% ... 54% 64% S Oil of Cal 59% 58 % 69% 67% S Oil ol N .1 44 43% 44 43% Sinclair ... 22% ... 72 21% Texas Co-. 53% 52% 53% 62% Indepent Oil 33% 33% 33% 33%

CROP SURVEY GUIDES WHEAT Buying by Shorts Adds to December. Bu United Press CHICAGO, Dec. 24.—Wheat trading on the Board of Trade today still reflected the news contained in the Government crop survey. Buying by shorts in the new December variety added substantially to the previous closing figure. Other deliveries fluctuated within fractional limits. Coarse grains were under pressure of pre-holiday dullness. Purchases in December wheat were strengthened by nearness of the expiration date on that delivery. Distant options were neglected. Holders of sizeable corn stocks took profits. A strong feeling was subdued by increased movement of grain. Oats followed corn. Provisions held firm. Chicago Grain Table —Dec. 24 — WHEAT— Prev. Open. High. Low. Close. close. •Do. 1.74% 1.77 1.73% 1.77 1.73% tDe. 1.70% 1.74% 1.70% 1.74% 1.70% •Ma 1.71% 1:74% 1.70% 1.74% 1.71% tMa 1.00 1.72% 1.08% 1.72% 1.69 July 1.48 1.50 1.47 1.49% 1.47% CORN— Dee. .76% .70% .75% .76% .76% May .84 .84% .84% .84% .84% July .80% .86 .85 .85% .85% OATS— Dec. .40.40% .09 % .40% .40% May .45% .45% .44% 45 .45 July .45% .45% .45 .45% .45 % LRAD— Jan. 14.37 14.50 14.37 14.45 14.37 RBIS— Jan.. v Nominal 14.40 14.20 Dec. JM>% 1.02 .90% 1.02 .09 Mav 1.03 1.10 1.05% 1.09% 1.00 •New wheat. tOld wheat. CHICAGO, Dee 24. —Carlot receipts were: Wheat. 22: com. 240; oats. 52; rye. 1. TOLEDO. Dee! 24.—Wheat—No. 2. $1 7r„ l.fiß Com—No. 3. 78 0 70c. Ryo —No. 2. $1.02. Oats—No. 2. 46047 c: No. 3, 4t>o 40c. Barley—No. 2. 75c. Cloversced—Cash. $14.30- domestic, $18.75: December, sl4 30: January. $14.10: February. $14.50. Timothy—-r-1 ' and IP'oember $3.72%; March. $3.82%. Alsike—December, $16.50; March. $16.70. Butter—slos3c. Eggs —!uu/:4oc. Hay—s3o.

Commission Row

Price* to Retailer** Fruits ' Apples Jonathan. -Hi-puuna uaskei $1.75 02: Grime* Golden, 40-pound basket. $1.75®2 Delicious. 40-pound basket $2.75: W Bananas, 40-pound baskc* $1.75: King Davids 40-pound basket f1.50: Northern Spy. 40-pound bask". 1.75; Baldwins 40-nound baskets. $1.76 03: Staynien Winesap box $3 Bananas—Bc h pound. Cocoanuts—-Jamaica. S6O 6.25 lor 100 Cranberries—Box. 50-pound. $8.50®9 Grapesfruit--dr|orida. $4.50® a. Grapes—Emperior. tugs. $3.50 0 3.76 Limes —$1.50 02 a hundred. Oranges—California Navels. $5,25 0 5,75: Florida. $4.75 0 5.25. Satsunias—Key Alabama. $3.75 0 4 Vegetables Artichokes—Fey California. $1.50® 1.75 dozen. Beets—H. G„ pu.. sl. Brussels Bprout—Key. California, 20® 25c. Cabbage—Fey. H. G.. 4®4%c a pound. Carrots—H. H. bu.. $1.2501.50: Texas, bu.. $2.500 2.75. * Cauliflower—Colorado, crt.. $3 0 3.25. Celery—Michigan. $1.5001.to: California. $5.76®6.20. Eggplant—Florida, dor.. $2 02.25 Garlic—Key California 15c lb. Kale—Eastern, hbl., $1.75 02.25. Lettuce —Western Iceberg, crate, $4.75 05.25; If. G. leaf. 15-pound basket. $1.50 01 75. Endive—Doz.. 45 050 c. Kumquats—Fla. at.. 20 0 25c. Lemons—California, box. $4.50 ®>s. Mangoes—Florida trunk. $5.2505.75 Mushrooms Fey.. 3-pouuU basket $1.25 ® 1.50. On'on*—H G. while bu.. $2: Hpanisr crt.. $1.50. Gyster I’lant—Fey H. G.. 50c doz Parsley—Fey H. 0.. doz.. 40045 c. Pea*—California crt.. [email protected] Pear*—An.iou, box. $606.25. Potatoes—Michigan white. 150-lb. sack. $5.5005 75: Idaho per cwt.. $4 5004.75 Ohio, 120-lb. sack. $5 0 5.25 Radishes—Doz.. 50c. Rutabagas—Fey.. $1.5001.75 cwt. Spinach—H. G„ bu.. $1.50 01.65. Squash—Hubbsrd. bbl. [email protected] i _ Sweet Potatoes—-Jersey bu.. $2.75@3. Tomatoes—Crt., $8.5009: H. G.. 10peund basket $3.50 03.75. Turnip*—New H. G„ [email protected].

Industrial*— Allied Chm 114% 113% 114% 113% Ad Rumely. . . ... ... 19 Amer Ice. 136% ... 138 136 Am Wool. ... 41% Cen Leath ... ... ... 18 % Coca Cola .150% 150 150% 150 Oonogleum. 17’-I ... 17% 17% Cont Can.. 88% 87% 88% 87% Dupont ...227% ... 227% 226 Fam Play 107% 108% 107% 107 Gen Asphalt 66 ... 65% 64% Int Paper.. 64% •• 64% 64% Int Harv.. 133 ... 132% 132 May Stor ... ... ... 138 Mont A W.. 81% 80% 81% 80% Natl Lead. ... ... ... 165 Owen Bot ... ... ... 63% Radio 44 43% 43% Sears-Roe. 233% 233 234% 232% United Dry ... ... ... 152% U 8 In Al.. 75% ... 75% 73% Woolworth 213% 2d1% 213% 212 Utilities— Am T Sc T 142 ... 142 142 Con Gas... 04% ... 04% 04% Columbia G 83% ... 83% 84% Wes Union 135% ... 135% 135% Shipping— Am Int Cor 42 ... 42 42% Am 8 Sc C.. 5 % 5 % 5 % Atlantic G.. 66% 65!* 65%. 05% In M M pfd 41 ... 41 41 % United Frt .... ... ... 240% Foods— Am Sue. . . 75 ... 75 75 Am Bt Sug ... ... ... 32 % Austin N ... ... 28 Corn Prod. 40 30% 40 39% Fleischman 169% 167% 168 169% C-Am Sug.. 22% .. 22% 22% Plinta Ale ... ... ... 30 Ward Bk.. . 82% 81% 82% 81% Tobaccos— Am Suma. . 10% . . . 10% 11 Am Tob Cos 115% 115 115 114% Gen Ciagr 110% .. . 110% 110 Tob P (Bl . 07% 97% 97 90% Lorrillard... 35 % ... 35 % 36 % U Civ Stor. 93% 92 92 91% Sch R 8.. 131 ... 131 181%

SMALLER AREA OF WHEAT IS SOWN JN 1925 Agriculture Officials Report 1 Per Cent Less Planted. Bu United Press WASHINGTON. Dec. 24 —The area aown in winter wheat this fall Is 39,540,000 acres, which is 1 per cent less than the revised estimate of 39,956,000 acres sown in the fall cf 1924, the aggriculture department crop reporting board announced today. Condition of winter wheat on Dec. 1, was 82.7 per cent, as compared with 81 and 88 per cent on Dec. 1, 1924, and 1923, respectively. \rtft sown in rye was estimated at 3,426,000 acres which is 16.2 per cent less than ihe revised estimate of 4,088,000 acres sown in the fall of 1924. Condition of rye on Dec. 1, was 83.8 per cent as against 87.3 and 89.9 per cent on Dec. 1, 1924, and 1923, respectively. WRAY RITES SATURDAY Father of Assistant City Engineer Dies at Hospital. Funeral services for George W. Wray, former Union County auditor, who died Wednesday night at the Methodist Hospital, will be held on Saturday at Liberty, his former home. Wray was the father of H. G. Wray, assistant city engineer. He was born at Oxford, Ohio, and for twenty years lived at Liberty while in the employ of the C., I. & W. Railroad. For the last few years he has been with the State Automobile Insurance Company, and has lived with his daughter, Mrs. Ray Bond, 846 N. Dearborn St. He was a thirty-second degree Mason and a member of the Methodist Church. THREE SPEED ARRESTS Other Cliarges Also Held Against Drivers Arrested. Three persons wepe arrested on speeding charges today. They were: Lee Board, 25, 201 N. New Jersey St., slated for speeding and reckless driving; Forest Feltman, 23, 15 N. West St., arrested on charges of speeding, and driving without a certificate of title and no muffler and Vernon Trusler, 17, 2863 Rader St., charged with speeding and reckless driving. HE THOUGHT WRONG Deputies Arrest Auto Driver After Ing Chase. Deputy sheriffs charged Harvey Wainscott, 36, of 517 S. Tibbs Ave., with speeding, improper licenses, reckless driving and resisting an officer, after a long auto chase Wednesday night. Wainscott told the oficers he did not stop because he thought the deputies were bandits. Births Boy* John and Fidelia Jeffers. 2170 N. Talbott 9t. Harold and Lottie Pritchard, 2626 Brookside Ave Paul and Francos Dunn. 2047 N. Tacoma. Ave. Robert and Cora Buckner, city hospital. Stevan and Esther Roberts, city hospital. Sherman and Nellie Watkins, city hospital. A. and Samtona Coleman, city hospital. Henry and Carrie Stew ard. 1042 Maple William and Clara See man. 2137 Bosart Ave. Charles and Lois Wright. 630 Division St. Girls Charles and Lucille Downey. Robert Long: Hospital. Earl and Gertrude Brooks. 20 S. Belle Vieu. William and Alice McGraw, city hospital. Frank anil Flora Turpcn. city hospital. Walter and Maggie Dorsey. 2147 Yandes St. Harry and Alice Wolfla. 5961 Oak Ave. Emory and Beulah Hayes, 2165 Ran adell. Fred and Mary Dillon. 2130 Webb St. Twine Tobart and Mae Chandler. 637 N. Davidson, girls. Deaths William M. Hinehman. 73. 2410 College Ave., acute dilation of heart. Amelia Harmening. 58, Central Hospital, tuberculosis. Robert. Rafferty, 66. 520 E, Vermont St., arteriosclerosis. Emma Timmons. 57. 921 W. ThirtyFirst St., acidosis. Elmore Smith. 42, 314 Smith St., chronic myocarditis. Pauline Johnson. 15 days. 135 S. Sheridan. premature birth. Ernest Cravens. 3 days. 514 W. Wilkins St., premature birth. Ara Isabelle Ratliff. 79. Robert Long Hospital, acute dilfatatlon of heart. Huston Winn, approximately 52. 027 Hudson, cirrhosis of liver. Charles Feathereton. 86. Methodist Hospital, cerebral hemorrhage. Nancy Ellen JSasterdar. 64. B. FortySecond St. tubercular peritonitis.

THE INDIANAPOLIS TIMES

Matured Swine Rise 15 Cents —Other Grades Steady. —Hog Prices Day I y Day— Dec. Bulk. Top. Receipts. 18. 11.00011.50 11.50 8,000 19. 11.00011.60 11.60 4.600 21. 11.00 011.65 11.06 5,000 22. 11.00011.65 11.65 10,000 23. 11.3501185 12.00 6.000 24. 11.500 12.00 12.00 4,000 Light receipt!, estimated at 4,000 hogs, forced prices higher today at the Indianapolis Livestock Txchange. The offering was too small to satisfy the pre-holiday demand, and buyers were forced to pay more for hogs. Only 82 holdovers from the previous session Were on the market. Lightweight'stuff brought the top price of sl2. The balk of the matured hogs were sold at $11.50@12. The session resembled a week-end daay because of the triple holiday, Friday, Saturday and Sunday. Hog Price Scale Trading was done over the following scale of values: Heavies brought $11.50; medium weight hogs sold at [email protected]; light, light lights and pigs commanded the top price of sl2; smooth packing sows averaged [email protected]; roughs cashed at [email protected], and stags were $8.50 @lO. A small offering of cattle estimated at 400 hampered trading In that division of the Exchange and buying and selling progressed only STOCK YARDS Cl X)SKI) 1 The Indianapolis Livestock Exchange will be closed Christmas day and Saturday. Regular business will be resumed Monday. slowly. Steers were sold at s6@lo; heifers ss@lo, and cows were s4@B. The Stocker and feeder market was practically at a stand-still because of the holidays. Prices on material offered were about steady. Calves Go Higher A .heavy offering of sheep and lambs, estimated at 900, was absorbed at steady prices. Choice lambs were sold from $14015. Sheep were steady at 4®B. A heavy demand for calves shot the price 60c to $1 higher at the start of the regular trading period. About 400 veals were in the pens, and these were snapped up quickly. Choice stuff was sold fully $1 higher, sl4. The bulk of the sales were made from sl3@ 13.50. —Hog*— Hiie* ...sllsO Mediums 11.50® 11.75 Light hog* 12.00 Light light* 12.00 Pigs 12 00 Smooth sow* 9.75 010.50 Rough sow-* 9.00 0 9.75 Stag* 8.50010.00 (kill* * Good to choice fat steer*. .$ 6.000 10.00 Medium alters 5.000 0.00 Choice heifers 6.000 10.00 Common to fat heifer* .... 3.00 0 5.00 Prime fat cow* 4.00@ 7.00 Cannere and cutter cows... 2.750 3.75 —Calves— Fancy veal* $14.00 Good veal* 13.000 13.50 Medium calve* 8 00011.00 Common veal* 5.000 7.00 —Sheep and Lambs— Choice lamb* $14.00015.00 Good 10.00013.50 Good to choice *heep ..... 6.000 8.00, Fair to medium 3.500 5.00

Other Live Stock CHICAGO. Dec. 24.—Cattle—Receipt*. 6,000; market, catch-a-cateh can trade oil fat bteers and fat a he-stock, steady to 25c lower: better grade fat steers showing maximum decline; top heavies. $12.26: yearlings. sl2: bulk. $8.75010: shipping demand narrow c-u good and choice offerings: bulls 10015 c higher: vealera strong at $11011.50; outsider*, hand picking up to sl3 and belter. Sheep—Receipt*. 2.000: inancet. fat lambs luiiy 2oc up. spoi* up more: quality considered; bulk, $l6O 16.25: few up to $16.50: some held higher; tat sheep strong; odd lots fat ewes. [email protected]; leeding lambs fully steady: few loads. $15.50016; no choice handyweights on tale. Hogs—Receipts. 19.000; market active. 2&®soc higher: top, sl2. bulk. sll @ J 1.60: heavyweights, $10.30® 11.30: medliimweighls. $11,150 11 •>: lightweights. sllO 12: light light*. $11.25 @12.25; packing sows. $9®9.70; slaughter piga, sl2 0 12.60. EAST BUFFALO. Dec. 24.—Cattle—Receipts. 300: market fairly active, steady; shipping steers. $9.50 011.50: butcher graues. s6@9: cows. $2 06.50. Calves— Receipts. 200; market active, 50c® $1 higher; cull to choice. $4 015.50. Sheep and lambs—Receipts. 1.000: market active. lambs 26c higher: choice lambs. sl6 @l7: cull to lair. $10015; yearlings. $0 @l4: sheep. $3.50 010.60. Hogs Receipt*. 2,400: market active. 25 0 50c higher: Yorkers. $12.60012.65: pigs, sl3: mixed. $12.26: heavies. $11.i5@12: roughs. $9.75 010; stags. $6.50 08. CLEVELAND. Dec. 24.—Hogs Receipts. 1,000; markets steady, file higher; Yorkers. sl2; mixed. [email protected]: mediums. $11.50011.65: pigs. *12.26: roughs. $9.50: slags. $6.50. Cattle lie ertpts. 300: market slow; good to choice bulls. $6 0 7.50: good to choice steers. $9010; good to choice heifers. [email protected]: good to ehotee cow*. SSO 6: fair to good cow*. S4O 5; common cow*. s2@4; milchers, SSO 0100. Sheep and lambs Receipts. 600: market 26c higher; top. $16.75. Calves—Receipts. 200; market strong; top. sl4. EAST ST. LOUIS. Dec. 24.—Cattle— Receipt* 800: market, steers steady: native steers. $7.600 7.75; camiers and cutters, $3.00@4; calves. $13.50. Hogs—Receipts, 10.500; market. 10015 c lower: heavies $11.25011.50: mediums. $11.35 011.75: lights. $11.50 0 12.25; light lights $11.50® 12.35; packing sows. $9.25 09.70: pigs. $11.60012.25 bulk. $11.50 IS. Sheep—Receipts. 600; market, slow; ewes, $6.50 0 8.75! canners and cutters, $l oO@5; wooled lambs. sl4® 19.00. PITTSBURGH, Dec. 24.—Cattle—Receipts, iiglit; market. slow: choice. $10.20@ 10.50; good. $9.50®10: fair, $7 @8- veaJers. sl4/014.50. Sheep and lambs—Receipts. right; market. slow; prime. $9.75010; good, [email protected]; fair, $8.500 7.50: lambs. $l2O 1 6.75. Hogs— Receipts. 7 double deckers; market, higher; prime, $11.90012: mediums. $12,400 12.50- heavies. $12.00®12 75: lights. $12.75013: pigs. $12.75013: roughs. $9 @10: stags. [email protected]. CINCINNATI. Dec. 24.—Cattle Receipts. 150; market alow ami steady: choice shippers. $9 0 10.50. Calves Market steady: choice. sl] .500 12.50. Hogs Receipts. 4,000: market stow, steady to 25c higher: choice packers. sl2. Sheep—Receipts. 100: market steady: choice. S6O 8. Lambs—Market steady: choice. $15,50 0 16. TOLEDO. Dec. 24.—Hogs—Receipts. 600: -market 15c higher: heavier. $11.40 @11.60: mediums. 111.50011.60: Yorkers. $11.86012; good pigs. *12.25 012.50. Calves—Market steady. Sneep and lambs —Market steady. ORDER ON SECURITIES Utilities Must File Petitions Ten Days Before Approval. On recommendation of Howell Ellis, secretary of the public service commission, the commission today approved an order requiring utilities to file petitions for securities issues at least ten days prior to approval. No final orders for issuance will be promulgated until after the matter has been heard publicly, the order states. , TIRE COMPANY FILES Articles of incorporation for tjie E. B. Oscars Tire Company, Indianapolis, were filed today With the secretary of State. Capital stock will be |20,000. Incorporators are E. R Oscars, Nolle M. AlcVey and. Bertha A. McVey.

Across the Desk With Busy Men Coffee Prices Remain Steady With No Prospect for Rise.

By Rader Win Jet C' ”| OFFEE prices are steady at the present time and there ■ I are no indications for a rise, say local wholesale grocers. A slump in values might be forthcoming, but if it does come it will not be sudden. These assumptions are base on the situation now existing in the Brazilian coffee territory. The Brazilian government maintains <f monopoly on coffee and only exports a sufficient quantity to uphold the high prices. The case is a parallel with the Stephenson restriction act placed on rubber exports by the British government. The plan is favorable to Brazil, but works havoc with the countries who are forced to purchase the Brazilian products. Green Santos, one of the most popular brands in the local market, now wholesales at $24 a 100 pound sack. Two years ago the price was sl4 a 100-pound sack. The $lO rise was forced by the Government restrictions and other factors. * mHE demand for holiday merchandise continues active, according to reports received from various market centers by Hardware Age. The last minute rush for Christmas goods has not seriously curtailed the demand for the staple lines, and sales are holding up in a surprising manner, particularly in New York. Collections are characterized a*i satisfactory and prices are firm. In some rases values tend toward higher levels. "We fihd more Indianapolis advertisers are representing their goods correctly each year during the holiday season,” says Delbert W. Corbin, assistant manager of the Indianapolis Hotter Business Bureau. The Bureau finds conditions improve each year generally, but of .ourse, the situation, from the standpoint of incorrect advertising, becomes more acute around Christmas when the volume of advertising is heavy. Several flagrant abuses of advertising have come to the notice of the Bureau, but these have been corrected as quickly as possible.

SMOOT DROPS FIGHT ON TAX Gives Up Hope of Excise Levy Elimination. Bu United Press WASHINGTON. Dec. 24.—Senator Smoot, Republican of Utah, chairman of the Senate Finance committee, has given up hope of abolishing entirely the excise taxes on automobiles and theater tickets. The $325,000,000 tax reduction measure provides a 3 per cent tax on automobiles in place of the present 5 per cent rate and exempts the spoken drama from the theater tax. ‘‘lt's not possible if we are to pay off our war debt at the present rate,” Smoot said today. M’KEE RITES ON SATURDAY Retired Major General Dies in Hospital. Funeral services for General William J. McKee, 72, who died today at St. Vincent Hospital, following a long illness, will be held Saturday at 2 p. m. at the St. Paul's Episcopal Church, New York and Illinois Sts. Burial will be at Crown Hill cemetery. McKee-jvas the president if the McKee Realty Company and was made a brigadier general commanding the Indiana National Guard in March, 1893. and a major general in April, 1905. He was retired as major general, July 30, 1914 General McKee is a member of the Masonic lodge and of the Scottish Rite. He Is also a thirty-third degree Mason. He is survived by three brothers; Edward L. McKee, 1443 N. Pennsylvania St.: James Robert McKee. New York City; Frank L. McKee, New York City and # sister, Mrs. Chari os W. Merrill. 1125 N. Delaware St.

FLAPPER FANNY >IMI W WMBWat

It isn't long before the first blush of youth is succeeded by the second blush, of the drug store.

Veteran’s Son Picks Bugle

W. •• rPUBI i BM| Wm BBWBp $ TiUthtP sllf • yUESilsls ISI wmm {§§ ■ Aim mjjjffPr WHhHHI Sam

Robert Taylor and National legion Commander John K. .McQuigg.

“A bugle—that’s what I want more than anything else In the world,” answered Robert Taylor, 14, of 517 Lockerbie St., when National Commander John R. McQuigg of Cleveland, Ohio, gave Robert his choice of Christmas presents. "Anything you want. We’ll go down town —maybe you’ll see something you’d rather have,” the com-

SCHOOL BOARD RULES ARE UP (Continued From Pag© 1) paid for from the 1925-26 budget, approved Sept. 29. 1925, whereas the 1924-25 budget should apply. The school fiscal year started July 1, or more than two months before the budget for the year was adopted, the attorney charged. Year Ahead "In other words, the school bodrd is running a year ahead of Its budget schedule,” Garvin said. The 1924-25 budget was admitted I as evidence, Judge Givan overruling the objections of Joseph Daniels, school board attorney. Minutes of the Bchool board meetings -at which the architects were chosen were introduced as evidence. Other meeting minutes also were Introduced. School bus'ness director William H. Book, and board majority members, Charles R. Yoke. Fred Bates Johnson and Charles L. Berry, were present. Judge Givan issued a temporary restraining order against the school board after the petition was filed. It is said the action of Wark was for the purpose of holding off the contracts until the new school board took office Jan. 1. Charges No Money Wark, in his suit, charged that the board did not have sufficient money on hand to pay the architects and that the money can be j obtained only through levying addi- | tlonal “injurious” ta.t burden on the public. The suit points out thut the board planned to derive money for the erection of the buildings through the sale of Shortridge High School and this can not be done because the property was. in part, donated to the city for school purposes and If sold for other purposes would revert back to the heirs. The complaint also alleges that the board did not follow the rules and the resolution selecting the architects was presented and adopted at the same meeting, Dec. 8. Procedure Cited The complaint points out that a resolution on any expenditure of more than SIOO, must be presented at one meeting and adopted at the succeeding session. Wark has denied any connections with the new school board or with any plan to hold up the building program. He said he is not interested in the buildingssin a business way and that he filed thfe petition to see the contracts for buildings are let “in a strictly legal way.’ Garvin appeared before Judge Givan Tuesday and asked that the hearing be set in January, when the present board is not In ofilcp. Since the election of tile new school hdUrd, the building program of the present board outlined in the 1925-26 budget has nu t several snags. Work on the new Shortridge High School, Thirty-Fourth and Meridian Sts., which was to begin next spring, was halted by a remonstrance filed by the Indiana Taxpayers Association against the $1,20o # 000 bond issue for the building. The case is now in the hands of the State tax board.. The next step in breaking down the board's plans was the speedily assumed hostility of Adolph Emhardt and Dr. Marie Haslep, who, forming a minority faction, opposed all moves toward the sale of the old Shortridge site. The board planned to build elementary schools 9, 14, 33, 37, 42 and 72, and had hoped to have the contracts let and work started before April. The architects selected hy the school hoard are: McGuire & Shook, Bass. Knowlton & Cos., D. A. Bohlen & Son., Robert F. Daggett, Osier & Burns, and Herbert Foltz. REALTY FIRM INCORPORATES The Brydon Realty Company, 1245 Bolton Ave., filed incorporation papers today with the secretary of State, listing capital stock at $30,000. Incorporators are Theodore E. Brydon, Julia E. Brydon and Charles B. Clarke.

mander had said, but Robert, who is the son of a World War veteran, couldn’t forget the “taps” that he had heard in a boys’ camp last summer and stuck to his first choice. Robert is a student at school No. 8. The father was badly gassed in the World War, and has been a patient at various times In tho United States Veterans’ Hospitals. He is still ill and unable to work.

FIVE TAKEN IN LIQUOR RAIDS Harris Warns Most of Booze Is Poison. Five persons were under arrest to day as the result of the pre-Christ-mas liquor drl\e of police and Federal dry ngents. And Deputy Federal Prohibition Administrator Ansell R. Harris warned that most of the liquor which has eluded the dry ngents is poison. Nathan Cohen, 2450 N. Alabama St., and Henry Vardman, 3018 Ralston Ave., were arrested following a rdid on a junk yard by Federal Group Chief George Winkler and police. Sergeant O’Connor said he found a small quanity of white mule at the home of Humphrey Cumings, 30, colored, 418 Blake St. He was charged with operating a blind tiger. Eight men found there were charged with vagrancy. The same squad charged Miss Marguerite Anderson, 27, colored, with operating a blind tiger after they found some white mule at her home. Two other colored women there were charged with vagrancy. Floyd Eller, 42, Noblesville, Ind., had a half-pint bottle in his pocket when aarrested on an intoxication charge. He was charged with operating a blind tiger. ARMISTICE IN SYRIA, REPORT Cabled Statement Yet Is Unconfirmed. . Bu United Press LONDON. Dec. 24. —The Cairo correspondent of the Exchange Telegraph cabled today, without confirmation from other sources, that French Syrian Commissioner Henry de Jouvencl had signed an armistice with the Druse tribesmen, following v/hieh all political prisoners were liberated. French foreign office claimed to be unable to confirm or deny liie report. Do Jouvenel has been seeking the past few days to arrange a peaceful settlement with the Druse tribesmen. THREE KILLED GOING TO FIRE Truck Overturns on Slippery Street —Two Hurt. Bu United I’ri ss NORWELL, Mass., Dec. 24. — Three firemen were killed and two were injured seriously here today when the combination truck on which they were speeding to a fire, skidded on a slippery street and overturned. MINK To REPEALED Victims of Fire to Be Buried at Mass Funeral." Bu United Press BELLA!RE, Ohio, Dec. 24. —Still [ burning furiously, the Webb Coal Company’s Cambria mine was to be sealed today in a final effort to extinguish the flames. Bodies of nine miners, asphyxiated when they were trapped on a stairway leading to the main shaft, were held in a morgue pending a mass funeral tomorrow. PHONE BOOST ASKED Huntingburg Company Seeks New Rate Schedule. Alleging present rates do not allow a reasonable return, the Dubois Telephone Company of Huntingburg asked the public service commission today to make an audit of its books and prescribe anew rate schedule. The Bloomington Water Company asked authority to issue $25,000 common stock and $50,000 preferred for financing purposes.

Jingles of the ' Yuletide News Turkey Yields Diamond, but Woman Fails to Find Piano.

Bu United Press N- EW YORK, Dec. 24.—Sixty* eight tenants were brought l__ before Justice Illake in ©vie* tlon proceedings. “I’m sorry to think any landlords would begin these proceedings during Christmas week,” he said, and he made all the plalntiffi promise to ‘‘hold off” a while on thelf charges. • • • PIANO NOT FOUND ST. PAUL, Minn.—Mrs. O. J. Pederson wanted a diamond and a grand piano for Christmas. While dressing her Christmas turkey she found a diamond, one-eighth of a karat, in the gizzard. Further search failed to reveal the piano. • * • SANTA’S PRESENT CINCINNATI—"He threatened td kill me and offer me to Santa Claus as a Christmas present," Mrs. Henry Markovitz told police when she had her husband arrested on. charges of cruelty. • • • S4OO BONUS LOST NEW' YORK—May Bierelin, stenographer, received a S4OO Christmas bonus from the insurance firm for which she worked. On the way to her hank she lost the money. * * * MAYBE FROM BRONX GIRARD, Ohio—lt was colj last night when Steve Krolick, a night watchman for the Pennsylvania Railroad, discovered a hungry, shiv* ering wayfarer hovering near hid shanty. Steve, imbued with the Christmas spirit, took the stranger into his hut, fed him and gave him lodgings for the night. When Steve arose today, his watch, his money and the man had disappeared. • • • MASK NOT BANNED OKLAHOMA ClTY—Santa's whiskers do not constitute a mask under Oklahoma's anti-mask law in the official opinion of Frank Marlin, municipal coui'sellfir. Following word from Salt Lake City reporting the city commission had ruled Santa must go beardless, Martin said the Oklaluuna law contemplated only the unmasking of organized groups. ITALY MAY OPEN COLONY FIGHT Mussolini’s Paper Indicates Step in Comment. Bu United Press MILAN, Dec. 24—Italy may seek a reopening of tho colonial question in order to give her an outlet for her growing overpopulation. This was hinted today hy the Popolo d’ltalia. Premier Mussolini’s mouthpiece, in commenting on his remarks as to ‘‘ltalian empire” in his recent exclusive Interview with (he United Press. The newspaper held the negotiators of the Versailles treaty would have given Italy a share of the German colonies after the war If they had had “clearer foresight." The paper . suggests that the Teague of Nations may be asked to consider the question of colonial possession for Italy and adds significantly it ‘‘would not he wise to cause pots to boll without meat."

500LIDGE OPENS | HIS PACKAGES I Irresistible Impulse Catches President. Bu I'nitrd l’rrt* WASHINGTON, Dec. 24.—The irresistible impulse to know what was inside his Christmas packnges caught President Coolidgo today. lie slipped into the mail room at the White House executive office and selected a few packages, neatly tie dwltli ribbon from the pile of ! presents. The President took along with a stack of Christmas cards into his private office and opened them personally while the remainder of the gifts were left for White House assistants to handle. Just what he got in the package* which caught his eye could not be learned. CROSSINGS TO BE SAFE Commission Approves Agreement for Overhead Structure. Two dangerous railroad <Tossing on State Hoad 1, two mites north of Soottsburg, will be eliminated as a result of the public service commission's approval, today, of an agreement among officials of the State highway commission, the Pennsylvania raljroad, and the Interstate Public Service Company. Each of the utilities will pay 25 per cent of the cost of an overhead crossing, and the highway commission will bear half of the total cost. Commissioner Frank T. Singleton prepared the order ratifying the agreement. SHERIFF PLAYS SANTA Sheriff <>mer Hawkins presented each of his twenty deputies and two •■natrons with a "surprise" Christmas gift today. Kach received a small pa per folder which apparently contained a picture of Abraham Lincoln on the inside. However, when the folder was examined further was disclosed that the picture was part of a fti bill folded between two pages.

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