Indianapolis Times, Volume 37, Number 207, Indianapolis, Marion County, 30 December 1925 — Page 11

WEDNESDAY, DEC. 30,1925

■HOG QUOTATIONS REMAIN STEADY

WALL STREET VALUES SLUMP 9 WITH[OPENING rHudson and Chrysler Stocks, Show Slightly Better Tone. Average Stock Prices Average price of twenty industrial stocks for Wednesday, was 155.83, Qff .1.04-. Average price of twenty rails for Wednesday, was 112,32, up .07. M<u United Press NEW YORK, Dec. 30.—Prices were lower generally In initial transactions on a fairly heavy volume of trading. Except in some of the high priced issues like General Electric which was off two points the declines were fractional. The motors had a better tone than the other groups with Hudson and i Chrysler slightly higher. ’ National Cloak and Suit at 50 made 1 anew low, off 3, while Kresge at 1801, made its highest price on reclord, up 2. k United States Steel was off % ■wljile American Can was slightly Hitter around 290. Mid-continent Pe■•oleum showed the most strength Bathe oils at 37 up %. ■■The noon market movement was mixed. Some leading stocks U. S. Steel were dull. Oils the best tone, with Pacific oil gaining more than a point, to 76V6, and Standard Oil of California higher. Selling of National Cloak and Suit to under 50 undoubtedly reported tax losses and subsequently it improved to around 51%. Earnings this year will be disappointing, estimates being about $4 a share against $11.28 on the common in 1924. Directors I say the cash position is good with Aabout $4,000,000 on hand and no bills ■ payable. The decline in earnings re■sults from changing styles, women ■ making their own clothes because of I simplicity of style. L Local Bank Clearings ■ —Dec. 30— f Indianapolis bank clearing's for today ’ amounted to $3,205,000. Debits, SO,437,000.

Produce Markets

Efffrs—Strictly fresh, delivered at Indianapolis, 38@40c. Poultry—Hens. 24c: Leghorns, 16c: springers. 24e: Leghorns and blacks,. 14 <0! lfie; young turkeys. 354440 c: old turkeys, 28c; cocks and stags. He: ducks, lf@29c. Butter—Jobbers’ selling jrices for creamcreamery butter fresh prints, 4844 51c. Cheese—Selling prices: Domestic Swigs. 33@44e: imported. 53®59c: New York brick. 28c- Wisconsin limburger. 28 (<i 29c: Wisconsin Daisies. 28@28%e. Long Horns. 28%@29%c: American loaf. 34e: pimento loaf 36c. Dec. 30.—Poultry ■avy express fowls, 26@27e; Leghorns, springers, 20 @ 30c: heavy young Clucks, 30@32c; geese. 22@24c; roosters. 17c% turkeys. 50@ 52c. Butter Extra in tubs. 50@51c: extra firsts, 17%@49e; flrets, 46%c: packing stock, 32c. Eggs— Northern Ohio extras. 58c: extra firsts. 48c: Ohio firsts, 46c; western firsts, 44 tic. Potatoes—Ohio, $2.35®2.50 per bushel; Idaho bakers, ss® 6 per 100-pound sack ■ Colorado. $5.25 per 120-pound sack. NEW YORK, Dec. 30.—Flour—Dull and nominal. Pork—Dull; mess, $24. Lard—Steady: Midwest. $15.5041)15.60. Sugar—Firm: 96 test. 4.14 - refined quiet: granulated. 5®5.50c. Coffei-—Rio No. 7, 17%c; Santos No. 4, 23®23tic. Tallow—Dull; special to extra. 0 % 4io %c. Hay—Steady: No. 1, $1.45: No. 3. $1.20 @1.26: clover. sl.lO @1.40. Dressed poultry—Firm; turkeys. 30@550: chickens. 234838 c: capons. 28@54c; fowls, ifi @3se: ducks. 17@33e; Long Islands. 31 (rt 32c. Live poultry—Firm- geese. 14® 30; ducks, 15@34e: fowls. 28 4837 c: turkeys. 434860 c: roosters. 18c: broilers, 40 4850 c. Cheese—Firmer: State milk common to special. 21 @2Btic: Young Americas. 264826 tie. Butter —Weak: receipts. 9.186; creamery extras. 50c: special market. 60ti 4861 c. Eggs—Firm; receipts, 15,457; nearby white fancy, 54 48 55c- | nearby State white. 44 @ 53c- fresh firsts' l 444850 c: Pacific coast first to extra, 44® I o3c: westetn whites. 43@53e.

J. H. Plf ELICHER TRUSTEES HEAD Evans Woollen Member of Bankers’ Board. Hu Timet Special | NEW YORK, Dec. 30—John H. ■?uelicher, former president AmeriAin Bankers Association and chairHkn o fits public education commisBnon, has been named chairman of "he board of trustees of the Ameri--1 can Bankers Association Educational Foundation, it was announced today by President Oscar Wells. The foundation, for which $500,000 was pledged by the bankers at the annual association convention at Atlantic City last October, will provide for scholarships and research in economics in American colleges. The other trustees are: Leonard P. Ayers, vice president Cleveland Trust! Company, Cleveland, Ohio; i' 4 ”. Stephen I. Miller, educational director American Institute of Banking, New York; Lewis E. Pierson, chairman, of the Board Irving . Bank-Columbia Trust Company, New lYork; George F. Roberts, vice president National City Bank, New York; Francis H. Sisson, vice president Guaranty Trust Company>- New York, president Trust Company Division of the Association; and Evans Woolen, president Fletcher Savings & Trust Company, Indianapolis, Ind., chairman of the Association’s Economic Policy Commission. W. Esbey Albig, deputy manager American Bankers Association, New Y6rk City, has been appointed secPierson, a former president of the Association, is chairman of the tatmerican Bankers Association FifBPeth Anniversary Commitee which ■has in charge the collection of the |funds for the foundation in commemoration of the organization’s golden anniversary. Puelicher, who is president of the Marshall & Ilsley Bank of Milwaukee, Wis., has been a leader for many years in the educational bankers work. He was one of the original founders of the American Institute of Banking and was once chairman of the Milwaukee School Board, is trustees of Warkquette University Medical School wad Milwaukee-Downer College and has been associated with many civic welfare projects. Highways, roads and streets cost Aiiierica $1,500,000,000 annually.

New York Stocks. IBy Thomson A McKinnon)

All Quotations New York Time —Dec. 30— Railroads— Prev. High. Low. 1:00. close. Atchison . .139% ... 138% 139 84 Atl Cst L 260 B & O .. . 93% .. . 93% 93% Canad Pac. ... ... 148% C & O ...127% 126% 126% 127% C A NW.. 82 81% 81% 82 CRI AP. 56% ... 50%' 57Vi Del & Hud. 151% 151 151 % 161 Del A Lac 146 ... 144% 145 Erie 38 % ... -38 %. 38 Erie Ist pfd 45 44% 45 44% Gt North pf 78 % ... 78 % 78 % Lehigh Val . 85 % L A N 142% Mo Pac pfd 88 % ... 87 % 88 % NY Cent..l3s 134% 134% 134 NY NH AH4S % ... 45 45 % North Pac. 77% 77% 77% 77% Nor -ft Wn 148 . . . 148 148 Pere Marq. .. ... ... 8514 Penney ... 64 % 64 % 54 % 54 % Reading ... 88 % ... 88 88 % So Railway 119% ... 119% 119% Sou Pacific 104 103% 103% 103% St Paul ... 9% 9% 9% 9% St Paul pfd 19% 18% 18% 18% St L A SW ... 03 % St L ASF 100% ... 100 100 Union Pac 162 ... 150% 150% Wabash ... 43% ... 43% 43% Wabash pfd 72% ... 72% 72% Rubbers— Fisk Rubber 22 % 22 22 % 22 Vi Goodrich R. 61% ... 61% 61% Goodyear pf . . ... ... 104% Kelly-Spgfld 17% ... 17 17% U 8 Rubber 78 Vi 77% 78 78% Equipments— A C and F 109% ... 109% 109% Am Stl Fdy 47 46% 47 46% n n ?!i I \ Loco ••• ÜB% 118% Bald Loco .130 .. . 1*9% 129% Gen Elec . . 328 % 324 328 % 320 Pr Stl Car 66% 66% 66% 67 g ull ™n 0 • • 160 ... 165 % 168 % Ry Stl Spg .. ... ... 174 Westh Abk 127% 124% 127% 124% Westh Elec 74% 74 % 74% 74% Steels— Bethlehem .47% , . 47.% 4744 Colo Fuel .36% ... 36% 36 Crucible . . 77 % . 77 % 70 % Gulf States 021 lil 92% 02 A PRCA 144 % ... 44 % 44 % Ir & S 69% ... 69% 59% Slose-Shef. ... ... 134 U S Steel 135% 134% 135% 135% Vanadium. 31% 31% 31% 31 Motors— Am Bosch .31 ... 31 31 Vi Chatd Mot 47% 47 Vs 47 % 47% frn.Mot .HfiVi 115 110* 115# Martin Pry . . ... 20 Mack M0t.219% 218 218% 218% Chrysler ..199% 190 199% 195% Hudson 110% 109% 110% 109% Moon Mot. 34% ... 34% 34% Studebaker 56 % 66 % 56 % 56 % Hupp 27 26% 27 27 % Stew-Warn. 89% 88% 89 80% Timken ... 63 % 53 % 53 % 54 Willy g-Over 29 28% 28% 27% Pierce Ar. 35% ... 35% 35Vi Minings— Dome Mines . . ... ... 17 Gt Na Ore 20 26% 26 25% Int Nickel 43% ... 43% 44 Tex GA S 117% ... 117% 117% Conners— \ Am Smelt 141% 138% 141% 138% Anaconda.. 60% ... 50 49% Inspiration. 24% ... 24% 24% Kenncco-tt. 56% 54 Vi 64% 54% Ray Cop* .. *2% 12% 12% 11% U S Smelt. 49% ... 49% 49 OUs— Cal Petrol. 33% ... 33>Y 38% Md Ct Pet 37% 36 % 30% 36% Houston Oil 72 ... 72 72 % IndpOil... 33% ... 33% 33%

Indianapolis Stocks

—Dee. 30— —Stocks— Bid. Ask. American Central Life 200 . . . Am Crecsoting Cos pfd ... 99 '.. Advanee-Rumely Cos com . . 17 % 19 Advance Rumely pfd 57 00 Beit R R com 68 72 Belt R R pfd 54 ... Cent Ind Power Cos pfd ... 87 91 Century Bldg pfd 99 ... Citizens Gas Cos com 40 42 Vi Citizens Gas Cos pfd 105 ... Commonwealth Loan ufd... 98 Equitable Securities com. .. 51 ... Indiana Hotel com 100 Indiana Hotel pfd 100 ... Indianapolis Gas 55 60 Indpls A Northw pfd 20% Indpls A Southeast pfd 2o Indpls Street Railway 40 44 Interstate Pub S prior lien. 98 103 Merchant P Util Cos pld. ... 90 ... Public Service Ins Cos 10 ... Rauh Fertilizer 48 ... Standard Oil of Ind 09 73 Sterling Fire Ins 11 Vi ... T H I A E com 3 5 T H I 4c E pfd 30 35 T H T and Light Cos 93 JOO linion Trae of Ind com 1 Union Trac of Ind Ist pld. ... 10 Union Trac of Ind 2d pfd. ... 3 Van Camp Pkg Cos pfd ... 14 Van Camp Pkg Cos Ist pfd. .92 100 Van Camp Pkg 2d p1d.... 91% 90 Wabash Ry Cos pld 42 % 45 Wabash Ry Cos com 72 74% —Bonds— Belt R R and Stk Yds 4s. . . 87 Broad Ripple 5s 70 Citizens Gas os 00 97 pvtifens St Ry 5a 78% 83 Indiana Coke and Gas os.. 94% 96Vi Indiana Hotel os 97 ... Ind Northern os 3 . . Ind R.v and Light os 92 Vi ... Ind Union 5s 3 Ind Col A So 0s 90 100 Indpls Gas os 90 Vi 97% Indpls Lt and Ht o 99% Indpls A Martinsville ss. . 40 44 Indpls Northern os 22 25 Indpls A Northwestern os. . 52 ... Indpls A S E os .. .. 2.V Indpls Stelby A S E os 35 Indpls St Ry 4s 57 59% Indpls Trac and Term os. . 90 93 Indpls Union Ry 5s 99 Vi Indpls Union Ry 4Vis 98 Indnls Water Wks Sec 95 Indp's Water 5%s 103 ioi Indpls Water 4% s 92 Interstate Pub Serv 6s 99 101 Interstate Pub Serv 6Vis.. 101 T 11, I A E 6s 70 T H T and Light 91 ... Union Trac of Ind 6s 19 34 —Bank Stocks— Aetna Trust and Sav C 0... 112 Bankers Trust Cos 125 City Trust Company 140 , Continental Trust Cos 100 Farmers Trust Cos 23.5 Fidelity Tr Cos 154 . . Fletcher Amer 152 156 Fletcher Sav and Trust C0..23.5 •Indiana Natl Bank 259 265 Indiana Trust Cos 222 ... Live Stock Ex Bank 100 ... Merchants Nat Bank 310 Marion County State Bank. .100 ~ . Peoples State Bank 204 Security Trust 215 State Sav and Trust 5.5 6.5 Union Trust Company .... 243 400 •Un Lab Bk and Tr Cos ... Wash Bank and Tr C 0.... 150 —Liberty Bonds— Liberty Loan Ist 3%s .. 99.50 99.70 Liberty Loin Ist 4%s .. 101.54 101.74 Liberty Loan 2d 4‘is .. 190.54 100.70 Liberty Loan 3d 4Vis .. 100.70 100.80 Liberty Loan 4th 4 Vis.. 102.00 1 02.12 U S Treasury 4*48 100.20 100.50 U S Treasury 4s 102.70 102.90 —Sale*— SI,OOO Liberty Loan. 4th at ....102.00 •Ex-dividend.

Commission Row

Priced to Retailers Fruit* Apples Jonathan. 40-pound basket $1.73 02; Grimes, Golden 40-pound basket, $1.7502’ Delirious. 40-pound basket $2 75: W Bananas, 40-pound basket $1.75: King Davids 40-pound basket $1.50: Northern Spy. 40-oound basket. $1.75: Baldwins 40-pound baskets $1.75 02: Staymen Wineeap, bos $3 Bananas—Be a pound. Cocoanuts —Jamaica. $8®6.25 lor 100 Cranberries—Box. 50-ponnd. $8 5009 Grapefruit—Florida, $3.5004.50. Grapes—Emperior 'ugs. $3 50 03.76 Kumquats—Fla., at.. 35 0 30c. Lemons—California, box. $4.50 06. lames—sl.soo2 a hundred. Otanegs—California Navels. $4.5005: Florida. $4.50 05 Bears—Anjou, box, [email protected]. Vegetables Artichokes—Fey California $1,500 1.75 dozen. Beets—H. G., OU.. sl. Brussels Sprouts Fey. California, pound. 20@25c. Cabbage—Fey H. G.. 4@4t4c a pound Carrots—H H bu. $1.25 01.50: Texas bm, $3.5002.75. Cauliflower—Colorado, crt., $3 0 3.25. Celery—Michigan $1.50 01.76: Califor Ola. $5.75 0 0.2.->. Cucumbers—H. G.. doz.. $4.7505.23. Eggplant—Florida, doz.. $2 @2.26 Endive—Doz.. 45 0 60c. Garlic—Fey California 15c lb. Kale—Eastern, hbl.. $1.75 02.25. ' lettuce—Western Iceberg, crate. $4.50 to: 11. G. leaf, 15-pound basket $1.50 1.76. Mangoes—Florida trunk. $52505.76 Mushrooms Fey.. 3-pouud basket $1.25 Onions—H G. white, bu.. $2: Spamsr. cit.. $1.60. Oyster Plant —Fey H. G.. 60c doz. Parsley—Fey H. G.. doz.. 40045 c. Peas—California, crt.. $6.500 7.23. Potatoes—faicnnran white l.)0-lb sack. s(i.?6@7: Idaho per cwt.. $4.7505; Ohio 12f)-Ib. sack. $5.25 0 5.50. Kadisbes—Doz. nOe Rutabagas—Fey.. $1.6001.75 cwt Spinach—H. G. bu., $1.5001.65 /Squash—Hubbard, bbl $2.5002 75 I Sweet Potatoes—Jersey, bu., $3 0 3.25. i Tomatoes—Crt.. $7.5008.50. \ Turnips—New H. G.. $101.40.'

Marland Oil 59% 69% 69% 59% P-A Pete.. 70% ... 76 70% P-A Pete B 78% 77% 78 78% Pacific Oil. 70% 74% 75% 75% Phillips Pet 40% 46 40% 45% Gen Pet.. 56 % 55 % 56 % 65 % Pure 0i1... 30% 30% 30% 30 Royal Dutc 55% 55 65% 55% Std Oil Cal 62% 61% 02 01% Std Oil NJ 46% 46% 46% 46% Sinclair... 28 Vi 22% 22% 22% Texas Cos.. 54% 53% 54% 54% Industrials— Allied Chm 113 112% 112% 113 Adv Rumely ... 17 % Ailis-Chalm. 91% ... 91% 02 Amer Can. 292% 290 291 289 A HAL pfd 01 Vi ... 61% 60% Amer Ice.. 133 ... 133 134 Am Woolen 40% 40 Vi 40% 40% Cen Leath. 19% 19% 19% 18% Coca Cola 154% ... 154% 153% Congoloum. 18 17% 17% 18% Cont Can... 02% 92 92% 91% Dupont .. 228 Vs 227 237 227 Fam Play. 100 ... 100 100 G Asphalt. 07 ... 07 60% Int Paper.. 02% Oils 02 02% Int Harv.. 129% 129 129% 129% May Stor ... ... ... 138% Mont AW.. 79% ... 79 % 79% Nat Lead.. 106% .. 100% 105 Owen Bot ... ... ... 04 Radio 43% 42% 43% 42% Sears-Roe. 232 230% 232 231 United Drg 153 % ... 153 % 154 US In AI.. 73 % ... 73 % 73 % Woolworth 211% 207% 310 207 Utilities— Am TA T 142% .. . 142% 142% Con Gas.... 94% ... 94% 94% Columbia G 83% ... 83% 83% People's G 118% ... 118% 118% Wes Union 130 ... 136 130 Shipping— Am In Cor ... ... ... 41 % Am SAC.. 5% 5% 5% 5% At Gulf.... 61% 00% 61 01% In M M pfd 41 40% 41 41 Foods!— Am Sugar.. 75 74% 75 74 Am Bt Sug 32 ... 32 82 Austin N ... ... 27% Corn Prod. 40% 40% 40% 40% Fleischman. 51% 60% 56% 50% C-Anr Sug 23 22% Jewell Tea ... ... ... 24% Punta Ale . .... ... 38% Ward Bak.. 81 80% 80% 81% Tobaccos— Am Sums ... ... 10% 10% Amer Tob. 116 114% 115 114% Gen Cigar. 115% 114% 115% 113% Tob P (B) 97% ... 97% 97% Lorrillard... 35% ~. . 36% 35% U Cig Stor 93 92% 93 93 Sch R S 29% 129%

WHEAT PRICES DROP SHARPLY Heavy Selling Causes Initial Downturn. Bu Vniteil Press CHICAGO, Dec. 30. Wheat dropped sharply in a rush of general selling on the opening of the Board of Trade today. Corn displayed fractional weakness and oats were inclined toward firmness. Sellers offered wheat freely, higher Liverpool cables nothwlthsanding. It was felt the advance of 2% to 3 cents was a feeble response to yesterday's upheavel in the local pit. Pressure in corn came from holders of large lines under the Impression that a reaction is in order to bolster the market. Reaction in corn gave oats a steady undertone. Profit-taking weakened provisions. Chicago Grain Table —Dec. 30— WHEAT— Prer. Open. High. Low. Close. close. •Do f.88% 1.90% 1.80% 1.88% 1.89 tDe I.Bft 1.87 1.84 1.80% 1.87 •Ma 1.83 1.84% 1.79% 1.80% 1.85 tMa 1.81 1.82 ' 1.78 1.78 1.82 Dev. ,8(T .80% .79% .79% .80% May .88% .88% .87% .87% .89% July .89% .89% .83% .89% .90 V* OATS— Dec .41 % .42 .41 % .41% .41% May .40% .40% .40.40 .46% JU £aRD 6 47 -40% .40% .40% Jan. 14.05 14.G5 14.50 14.65 14.60 RIBS — Jan. 14.75 15.00 14.70 15.00 14.75 Dec 11)7 1.08 1.05% 1.05% 1.0®% Mav 1.10% 1.10% 1.12% 1.12% 1.10% •New wheat. tOld wheat. CHICAGO. Dee. 30.—Carlot receipts were: Wheat, 18: com, 124; oats, 19; rye. 3. CHICAGO. Dec. 30.—Primary receipts: Wheat. 708.000, against 613.000: com. 778.000, against 805.000: oats, 435.000, against 7:16,000. Shipments: Wheat. 426,000, against 747.000: com, 424,000, against 421.000; oats, 452.000. against 424.000. In the Sugar Market (By Thomson A McKinnon) NEW. YORK. Dec. 30.—Cumulative bullish developments are failing comparatively flat in the sugar market. The reentry of refiners into the raw market on an extensive scale and the expected bullish forecast by the Cuban government have failed to stimulate the futures market which has led to the belief that growers are, content to continue hedging around current levels. HE DIDN’T, BUT IT COST Husband, Who Failed to Support Wife, Fined S6O. Otto Jones, 326 N. Elder St., today was certain that not supporting a wife is a costly practice. In city court Tuesday he was fined SSO and costs on a lazy husband charge, and $lO and costs on an assault and battery chargß. tones’ wife said he had not supported her for some time. She also stated that he struck her. FEEDER BUS IS ASKED \ Plea Filed for Residents on TwentyFifth St. Acting in behalf of persons living on Twenty-Fifth St. east of Martindale Ave., W. E. Henderson, attorney, filed a petition with the public service commission today asking the Indianapolis Street Railway Company to start a feeder-bus line east on Twenty-Fifth St. to Dearborn St. Two airplanes make a daily ascent at Duxford, Cambridgeshire, to report the weather. Foxes are so numerous in East Kent this year that they have been seen in daylight in the lanes.

I Four persons were injured 9 I in automobile accidents in p |2,30f1j 70 |

THE INDIANAPOLIS TIMES

Sales Made Over Same Price Scale —Calves Go Higher* —Hog Prices Day by DayDec. Bulk. Top. Receipts. 22. [email protected] 11.05 10.000 23. [email protected] 12.00 0,000 24. 11.50® 12.00 12.00 4.000 28. 12.00 @12.50 12.60 7,500 29. 11.60® 12.35 12.35 10.000 30. 11.60® 12.35 12.40 13.000 Hog quotations remained unchanged today at the Indianapolis Livestock Exchange and Tuesday’s Beale was used. Receipts estimate at 13,000 were rather broad but the market reacted in fine style and the offering was readily absorbed. Holdovers from the previous session, numbering 426, were added to the total fresh receipts. Light weight hogs were sold at $12.35 and one load of choice stuff commanded the top figure of $12.40. The bulk of the sales of matured hogs were made from $11.50 to $12.35. Hog Price Scale ’Trading was done over the following scale of values: Heavies brought $11.50011.65; medium weight material sold at $11.65011.85-; lights and light lights brought $12.35; pigs commanded a price of $12.35012.50; smooth packing sows averaged SIOO 10.60; roughs were $99.50, and stags were $9010.50. Trading in the cattle division of the exchange -progressed along a much wider scale, due to the heavy receipts, estimated at 1,500. Buying and selling was active and prices were practically unchanged from quotations made at the close of the last trading period. Steers were quoted at $6010; heifers, SSOIO, and cows, S4OB. Calves Go Higher Sheep and lamb quotations were fully steady with Tuesday's close. Native material was rather weak, according to one trader. Western stuff brought a strong sl6, while native lambs of choice quality sold at $15015.50. Sheep brought S4OS. The heavy offering, estimated at 1,500, was absorbed soon after the market opened. A strong market was*seen in the calf division of the yards and prices ruled 50 cents higher to a top quotation of $15.50 on the best veals. The bulk of the material offered, estimated at 1,100, was sold at sls. —llu;i Heavies $11.50011 05 Medium* 11.05® 11.85 Llfrht Hosts 12.35 T.ijrht lights 12.35 Pig* 12.35® 12.50 Smooth sow* 10.00® 10.0 U Rough boa-s 9.00@ 9.50 Stags 9.00 @ 10.00 ■ Citl le— Good to choice tat steers..s [email protected] Medium steers 4.00® 6.00 Choice heifers 6.00 @IO.OO Common to fat heifers .... 3.00® 5.00 Prime fat cows 4.00® 7.00 Canners and cutter cows... 2.75® 3.75 —Calves— Fancy veals $15.50 Good veals 15.00 Medium calves B.oo® 11.00 Common veals 5.00® 7.00 —Slieep and Lambs— Choice lambs $15.00 @16.00 Good 10.00 @13.50 Good to choice sheep 5.00 'X 8.00 Fair to medium 3.30® 5.0(1

Other Live Stock CHICAGO. Dec. 30—Cattle—Receipts. 10.000: market, largely steer run. killing quality medium to good: bulk. 98.50010: market moderately active, steady to strong with Tuesday’s 25 cents higher: best yearlings, heavy steers early 911; snappy trade on siuvstock, hulls, calves and fat beef heifers. 25c higher mostly; fat heifers. $7 08.25: culls. $5 07: veaiers. 913013.60; no local trade Friday. Sheep —Receipts. 18,000: market. fat lambs slow: indications weak. 250 lower: few odd lota natives early sl6: choice lambs to shippers up to $16.50: practically nothing done on sheep or feeding lambs: choice feeders late Tuesday. 918.75. Hogs —Receipts. 21.000: market, mostly 6@loo lower: top. $12.10: bulk. $11.20011.70: heavyweights. $10.75011.35: medium weights. $11.10011.70: lightweights. sll OA2: light light*. $11.20012.15: packing sows. $909.65: slaughter pigs, 912 012.50. Slaughter Cattle and Calves Steers. 1,500 lbs. up. good to choice. 910013: steers. 1,100 to 1.500 lbs., choice. 911013: good. $9.65011.15: medium. 98.6009.80- steers. 1.100 lbs. down, choice. $10.75012.50: gcod. $9.40 @ll; medium. $8.35 0 9.65: common, $6.25 08.60: light yearling steers and heiters. 850 lbs, good and choice sß.7.''" 911.75: heifers, good and choice, 850 lbs.. $7.76 010,75 • common and medium all weights. 96 0 8.25: cows., good ami choice. 96 25 08.50: common and mxlium. t 5.5 06.25: canners and cutters, $3,250 .35: oelves. medium and choice. 55.500 8: veaiers cull to choice. 57013.70; feeder and stoeker cattle, common to choice. $5.6008.75. Slaughter Sheep and Lamb* Lambs, lirht and liaudyweight. 84 lbs. down, medium to choice. 914.50 0 16.0 o: cull and common sl2 0 14.50; ewes, common to choice. 95.76 0 9.50; canners and cutters. 93 0 5.76: feeding lambs range stock full wooled. medium to choioe, sls @10.75. CLEVELAND. Dec. 30.—Hogs—Receipts. 3,000: market. 25 0 35c lower: Yorkers. $18: mixed. $12012.25: mediums, $11.75: pigs. sl3: roughs. $9.50; stags, $6.50. Cattle—Receipts. 400; market. steady: good to choice bulls, s6<<i 7.50: good to choice steers. $9010: good to choice heifers. $809.50: good to choice cows, $506; fair to good cows. $-* 05; common cows. $304: milk-hern, $->0 0100. Sheep and lamb" —Receipts. 1,500; market, slow: top, $16.75. Calves —Receipts. 300; market. 50c higher; top $16.60. PITTSBURGH. Dec. 30.—Cattle Receipts light: market steady; choice. 910.25 @10.60; good $4.50010: fair. 97.500 8: veaiers, $15.50 0 16. Sheep and lambs —Receipts. 5 double-decks: market steady; prime. SIOO 10.50: good. $9.25 0 9.73: fair mixed. $708.50: jambs. $13017. Hogs—Receipts. 10 double-decks: m?"ket lower: prime. $12.15 @12.25- mediums. 912.70012.75; heavies. $12.70012.7.>; lights. sl3 @13.26: nigs. 913013.25; roughs. $9.20 010.50; stags. 50 07. CINCINNATI. Dec. 30.—Cattle—Receipts. 660: market, steady: choice shippers, $9010.50. Calves—Market, strong: choioe. 913014. Hogs—Re<-eints. 5.600; market, low and weak. 25 0 50c lower: choioe packers. sl2. Sheep—Receipts. 350: market, strong: choice $6 08, Lambs —Market, strong: choice. $lO 016.50. EAST BUFFALO. Deo. 30.—Cattle Receipts, 175; market, slow, 10015 c lower; shipping steers. $9.75 011.25; butcher grades. $6 09: cows. 92 00. Calves —Receipts. 200; market. active; i cull to choioe. $4 016. Sheep and lambs —Receipts. 1.800- market, slow, steady; choice lambs. 917017.10: cull to fair. tlo@Jß.so: yearling*. $9014: sheen, 3.59 010.60. Hogs—Receipts. 3.200: market, active, heavy. slow: yorkers, $12.35014: pigs. sl4: mixed. 912 0 12.75: heavies. $11..>0012: roughs. 99.50010: stags. 97 0 8.25. Local Wagon Wheat Indianapolis mills and grain elevator* are paying $1.85 for No. 2 red wheat. Other trades on iheir mem French Franc Improves B<i United Prees PARIS. Dec. 30.—With Premier Brianu triumphant over the hesitating’ radicals of his cabinet, through approval of the Doumer tax projects, the franc today improved. It was quoted at 26.35 to the dollar. SHIPPERS’ FORECAST Northwest, north and northeast, 16 to 26; west and east, about 25; south, 25 to 30. A Feature of This Store Men’s and Boys’ AA DRESS CAPS WC gemi@lg Where Washington Crosse* Delaware

SCHOOL„ HELPS

UftDrrlcht. Compton’s Pictured Bneyelopedl* Peotoro Berrios

(-—-IHEMISTRY is really the II science of different kinds of I I matter and their relation to one another, and it is very closely connected with the science of physics, which explains, the forces and forms of energy. In fact no one can say where chemistry ends and physics begins, and the great discovery about atoms and molecules which have been made of late years on the borderline between the two sciences have given rise to anew linking branch of scince which we call physical chemistry. We take a knitting needle and put it into a bottle of vitriol or sulphuric acid and it is eaten away. That is a fact of chemistry. We take a similar needle and draw a magnet across it several times in one direction and the needle itself becomes a magnet. That is a fact of physics. We take still another needle and leave it out in the damp all night and In the morning it is covered with rust. That is a fact of both chemistry and physics, for the production of anew substance, rust, is chemistry, and the fact that the rusty needle will not conduct electricity so well as when lt was bright is physics. Early Chemists Famous men like Cavendish, Priestley and Lavoisier, studied the nature of matter. They divided up various bodies like air and water into more elementary substances and gradually a list of elements was compiled—substances which it was supposed could not be split up into anything simpler. Thirty years or so ago the list contained sixty-four elements such as gold, silver, tin, copper, zinc, carbon, iron, sulphur, hydrogen oxygen, nitrogen, chlorine, and many rarer substances, and It was generally believed that these comprised the whole of the elements. Such substances as radium and helium were not then dreamed of.

Shirtsleeve Management

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CHEMISTRY The Wonder Science That Brings Progress.

Nor were many of the relations between the elements clear. But in recent years many more elements have been discovered and now there are about ninety known. An ignorant person would tell us that the world is composed of soil, rock and water, surrounded by air, But the chemist analyzes these substances, and finds such substances as metals everywhere—ln the air in the ground. Further, he discovers that the commonest metal in the world is not iron or copper or zinc or tin, but aluminum. Yet less than a hundred years ago, this metal was not even known. of every 100 parts of the earth’s crust eight are aluminum, Whereas only six arq iron. Has Big Element Os all the different elements that form the crust the most abundant is a substance which we cannot see—the invisible gas, oxygen, which comprises half of the earth as we know it. The next most abundant element is silicon, which forms nearly a third of the crust, and then come six of the metals In the following order: Aluminum, iron, calcium, magnesium, sodium and pottassium. • Onq of the great facts of chemistry, indeed the outstanding fact, is the fundamental difference between a mixture and a compound. You take some finely ground salt and sugar and shake them together, and they become so Inextricably mixed that only by an elaborate and tedious process could they be separated again. Yet they remain salt and sugar, and even if you dissolved them In water they would still remain salt and sugar, each retaining Its own peculiar qualities of color, taste and so forth. They form merely a mechanical mixture and not a chemical compound. But take some powdered sal ammoniac and mix it with powdered

soda. At once yon smell ammonia. A strange change has taken place. The soda and sal ammoniac no longer remain, but when mixed they combine chemically to form entirely new substances which have quite different properties from soda and sal ammoniac. Mix and Combine Take another example. Mix powdered sulphur and iron fillings together, and they remain sulphur and iron, a mere mechanical mixture. You could separate them easily by drawing out the iron fillings with a magnet. But now appfr heat to the mixture and at once the two substances combine to form a black material called iron sulphide, which is neither iron nor sulphur and has no resemblance to either. The new substance is a chemical compound and the force which makes various elements combine into compounds is known as chemical attraction, the mightiest force In all nature. It is this force which leads to the production of all the myriad substances found in the world, yet, as chemistry shows us, all made up of about ninety elements. All the beauty of sense and taste is produced by lt. Chemical attraction i* a marvelous force, for sometimes it acts with the malignant violence of the earthquake and volcanic eruption, while at other times its movement is as gentle as the rain. DORSEY TRIAL SPEEDED Expect to Complete Case of ExSoldier by Friday. Bu United Pres* GREENFIELD, Ind., Dec. 30. Trial of John Dorsey, former soldier charged with murdering his wife, Fay Dorsey, progressed rapidly today. Defense and State attorneys hoped to complete the case by Jan. 1 so that Fred McAllister, one of the defense attorneys, may assume his position of city judge in Indianapo|* . Timothy Glenn, Indianapolis policeman, told of threats Dorsey was said to have made against his wife before the shooting.

THERE are no soft jobs in this Company. The men of the Standar Oil Company (Indiana), from directo to the last office boy, form a shirt-sleeve organization, out to do real work Everybody is a laborer, from the chief executive down. Executives manage details, for in the oil business details are of major importance. In the petroleum industry costs are computed in fractions. Round figures are rare. It is saving a fraction here and a fraction there enables the Management to show a satisfactory statement to the stockholders at the end of the year. The Standard Oil Company (Indiana) is thoroughly democratic. It typifies the modem method of doing business. As a trade paper recently remarked: this shirt-sleeve policy “has caused this Company to be pointed to all over the world as the most perfect business organization.” The Company's directors are executives devoting their whole time to its affairs. They have been educated largely within this' organization. Their rise has been a slow step-by-step process covering many years. Every director has a deeply ingrained knowledge of the business, acquired through painstaking, arduous apprenticeship. Such administration makes for economy and efficiency the two qualities which most effectively guarantee satisfactory service to the consumers and satisfactory profits to the stockholders. It has been said that the Standard Oil Company (Indiana) is successful because it is big. It might be said with greater truth, that this Company is big because it renders a great and essential service. This service has been possible because the Company is ably managed and because the organization of 29,000 men and women are loyal, enthusiastic, happy workers, giving to the business every ounce of energy and intelligence they possess. $ Standard Oil Company (Indiana) general Office: Standard Oil Building 910 So. Michigan Avenue, Chicago

PERSHING TRIP 1 CAUSESWONDeI Political Significance 4 m Plan Discussed. K Bu United Press OSH ARICA, Chile, Dec. possibility of General chairman of the Tacna-Arica pIHR'. cite commission, making an visit to the United States to otgRR needed dental work, introduced today anew element of uncertainty into the already indefinite plebiscite situation. So far Pershing’s indomitable will power and his determination to have fair fulfillment of the arbitration award have been regarded as the chief stabilizing factors here. Hence the political consequence# of his possible absence are causing wide speculation.

Compton’s Pictured Encyclopedia Preferred by teachers generally because of its simple language and graphic pictures. L.S. AYRES & COMPANY State Agents