Indianapolis Times, Volume 37, Number 215, Indianapolis, Marion County, 8 January 1926 — Page 31

FRIDAY, JAN. 8, 1926

HOGS STEADY T§ 25 CENTS LOWER

FEDERAL BANK URATE RAISED; STOCKS SLUMP Recessions of 1 to 3 Points Follows Speculative Selling.

Average Stock Prices

Average nriw# of twenty induatrial Blocks for Friday, was 158.03, up .93. Average price of twenty rails for Friday was 113.12, up .57. Bv United Press NEW YORK, Jan. B.—Active stocks opened at recessions of from one to three points due to speculative selling following the action of the local Federal Reserve Bank in advancing its rediscount charge % per cent to 4 per cent. United States Steel started the day at 136 off 1%; General Electric at 327%, off 1%; General Motors at 123, off 3; American Can at 293, off %, and Mack Truck 150%, off %. In view of the unexpected character of the bank rate increase, these declines were surprisingly small. The calmness with which the market received the news was largely attribute able to the feeling that the upward revision in the bank rate represented a step which should have ■teen taken two months ago, but was to help the Bank of Eng-, land through the strain incident to the end of the year. Another factor which helped the general list to absorb the early selling was the unmistakable proof given by last week’s extra-ordinary gain in the reserve position of the local Federal Reserve Bank and that the establishment of a 4 per cent rate had not been actuated by any impairment of the institution’s resources, but had been done simply to place it on a parity with other regions of the national system. Renewed irregularity cropped out around noon due to the liquidation of stock bought at the opening for the purpose of supporting the market against the adverse influent of the bank rate increase. Stee. common was forced down to new low ground on reaction at 135%, against the opening price of 136, but General Motors, Hudson and other active industrials met support above their early lows. Pressure on industrials was relieved somewhat by development of an aggressive buying movement in the various rails. Rock Island was in special demand pushing into new high ground at 57%, up 1% from Thursday’s low. Woolworth sold off with other high priced industrials dropping 7% to 211. Local Bank Clearings , ——.7 an. B—™ Jk Indianapolis bank clearing# for today, ■imounted to 54,465,000. Bank debits for Plod ay totaled $7,004,000. NEW YORK CLEARINGS Bit UnltM Press NEW YORK, Jan. B.—Clearings sl,108.000,000: balances $119,000,000.

PREDICTS $1 CORN Alexander I-cgge Anticipates Raise Within Six Months. Bil United Press CHICAGO, Jan. B.^—Number two corn will sell for one dollar per bushel inside of six months, Alexander Legge, president of the Internationa! Harvester Company, today said he believed. ' V Legge made this statement public In announcing anew policy of concerning dealings of his company with farmers. - * Commission Row Price* to Retailer* Fruit* Apple* Jonathan. 40-pound basket *l.f&©2: Grime# Golden 40-pound baa ket, $1.75©2 Delicious. 40-pound baekei t 2.75: W Bananas. 40-nound baskc* 1.75; King David* 40-pouno basket f1.50: Northern Bpy 40-pound basket 1.75; Baldwins. t-1.75®2; Staymen Winesap. box, $3. Bananas —8e a pound. Cocoanuts —Jamaica, $5.50 ®0 for 100 Cranberries —Box. 50-pound. $8.75© 9.26. Grapefruit—Florida. $3.50©4.50. Grapes—Emperlor 'ups. $3 50 ©3.76 Rumquats—Fla.. qt„ 25©30c. Lemons—California, box $4.60©6. Limes—sl.so ©2 a hundred Oraneps—California Navels $4.50©6 Florida. $4.50 ©5 Pears—D'Anjou, box, $6 ©0.25. Vegetables It Artichokes—Fey California. $l5O w ”1.76 dozen. Beets —H G„ tm.. fl. Brussels Sprout* >— Fey. /California . pound, 20© 26c Cabbage—Danish, $53 ton. Carrots—H H bu. $1.254111.50: Texas bu., $1.90 ©3. Cauliflower —Colorado, crt. $2.25. Celery—California. $0.50 ©7. ' Cucumbers —H. G., duz., $5.00. Eggplant—Florida, doz. $2©2.26 Endive —Doz.. 46 ©soc Garlic —Fey California I6c lb. Kale—Eastern, bbl.. $1.75®2.25 Lettuce Western Iceberg, crate. $4.50 ©5; H. 6. leaf. 15-pound basket, $1.76 Mangoes*—Florida trunk. $5.60©'6. Mushrooms —Fey.. 3-pound basket. $1.26 @1.50 Onion*— Spanish, crt., $1.35 @I.OO. Parsley—Key H G. doz. 40@45c Peas—California, crt.. $8.50@7 25 Potatoes —Micmgan white 100-lb sack [email protected]; Idaho per owt., [email protected]: Ohio. I2rt-lb, sack $5.2605.60 Radishes —Doz. 60c. Rutabagas—Fey $l6O @1.76 c*rt Spinach—H. G. bu.. $2 @2.50. Squash—Hubbard, bbl.. [email protected]. Sweet Potatoes—Jersey, bu., $3.50© 3.75. Tomatoes—Clrt.. six-basket. $7. Tumins —New H G $1 @ 1.40 Pineapplse—Cuban, crt.. $5.

In the Sugar Market

Bv Thomson St McKinnon NEW YOKE. Jan. B.—The figure* on consumption of refined sugar in the United States in 1025. furnished by Willett & Gray, and shoving a total of 0,510,000 tonß. against 4. <54.000 in 1924. coincided at the outset today with another reduction in refned sugar prices by one of the loading refining companies. Consumption in thin country last year set a new high record. The tone of the raw sugar market and of sugar futures continues uncertain, with sates of spot sugar at 3 11-33. Wholesale Meat Prices Beef—Native steers 500 to 800 lbs.. k 18® 20c: fores under carcass. 2c: hinds ■over carcass. 4s: native heifers. 300 to 8450 lbs.. 1f1%4i20c: fores under carcass, lc hinds over carcass, 3c: native cows. 400 to 700 lbs. 12Vii4il4c: fores under carcass, lc: hinds over carcass, lc. Pork —Dressed hogs-—l4O to 200 lbs., 19 %c: regular picnic hams. 4 to 14 lbs.. 16%@19%c: fresh tenderloins. 40c. Veal —-Carcasses. 70 to 200 lbs.. 30034 c; hinds and saddles over carcass, 7c: fores under carcass. se. Mutton—Spring lambs. .25 to 40 lbs. 31c. i Local Wagon Wheat I ind'viisnobs m’lirt" ano train elevators ■ire paying $1.78 for No. 2 red wheat. ■Other rraoos on tneir merit*

New York Stocks ' (By Thomson ft McKinhon i "

All Quotations New York lime —Jan. 8— Railrcads— „„ Prev. High. Low. 1:00. dose. Atchison ..137% 130 137% 138 Atl Cat L. .256 ... , 250 259 B& O ... 93% 92% 92% 93% Canad Pac 147% ... 147% 148% C & 0 ...125% 123% 124% 120% CSc NW.. 79% ... 78% 78% CRI &P. 66% ... 56 % 67 Del Sc liud 104% 103 104% 105 Del Sc Lac 146% ... 145% 140 Erie 38 % ... 38 % 38 54 Erie Ist pld 44% *4% 44% 44% Gt North pi 76 % ... 70 76 % Lehigh Val. 84% 83% 83% 85% L S> N . . .140 ... 140 140% Mo Pac old 67% ... 87% 87% N Y Cent..l33 i&IK 131% 132% NY NH AH 44% ... 43% 44% North Pac. 76% ... 75 75% Nor Sc Wn 154% 152% 153. 153% Pere Mara. 85% ... 86% 88% I'enngy ... 54% ... - 54% 64% Reading ... 88 ... 88 88 So Railway 117 110% 117 119 Sou Pacific 102% ... • 102 102 St Paul ... 13% ... IS 13% St Paul pld 21% ... 21 21% St LSc 9W 09% ... 08% 09% St L & S F 99% ... 98% 99% Un Pad fie 149% ... 148 149 Wabash ... 45% .7. 44% 46% Wabash pfd 75% 74% 76 75% Rubber#— B'tak Rubber 24% 24% 24% 24% Goodrich R. 93% ... 63% 04 Goodyr pfd 103% ... 103% 103% Keily-Spgfld 18 ... 18 18% U S Rubber 82% ... 81% 82% Equipment*— A C and F 110% ... 109 110% Am Stl Fdy 45% 45 45% 46% Amer Loco 117% ... 110 117% liaid Loco 133% 130% 130% 133% Gen Elec ..333 ... 327% 329% Lima Loco 08 % ... 08 % 68 % Pr Stl Car 77% ... 77 77% Pullman ..107 ... 105% 100% Westh Abk 120 122% 122% 125% VVeath Elec 74 % ... 74 74 % Steels— Bethlehem . 49% 48% 48% 49% Colo Fuel . 30 % ... 30 % 37 % Crucible .81 ... 80% 81 Gulf States 91 90 % 91 91% P R C fc 1 45 44 45 45% Rep I& S. 62% . . 01 02 Hloss-Shef. . . ... ... ’3O U S Steel 137 135% 135% i37% Vanadium .31% 31% 31% 31% Motor#— Am Bosch. 32 31% 32 31% Chr.pd Mot. 48 47% 48 48% Gen Mot. 125% 123 124% 120 Mack Mot 154 150% 150% 152 Martin Pry 20% 20 20% 20 Chrysler .. 13% 62 52% 54 Hudson ...121% 118 118% 122% Moon Mot. 36% ...' 35% 30% Studebaker. 58% 57 % 58% 59% Hupp ... 27% 20% 27% 27% Stew-Warn. 89% ... 89 ... Timken ... 65% 65 55 % Wiil.v-Over. 32% 31% 31% 82% Pierce Ar. . 37% 30% 30% 38 Mintogs— Dome Mines 16 ... 16 10% Gt Na Ore 26 ... Int Nickel. 45% 44Vi 44% 45% Tex G& S 122% ... 121% 123 Coppers— Am Smelt. 144 141% 141% 50 Anaconda.. 49% ... 49% ... Inspiration. 25 2 ... 25 % 25 % Kemxecott. . , ... ... 67 Ray 12 ii % 12 12 U S Smelt. 58 ... 47% 58 Oils— \ Cal Petrol S3 ... 32% 32% Mid'Ct Pet 35% ... 35% 30% Houston Oil 70 % 70 71 Marland Oil 68% ... 57% 58% Pan-Am Pe 73% ... 72% 73% P-A Pet 875 75% 74. 74% Pacific Oil. 78% 77% 77%. 70% Phillips Pet 46% ... 45% 46 Gen Pet... 67 55 66 % 67 % Pure Oil .. 30 % . 30 % 30 % Royal Dutc 57 50% 60% 50% Std OH Cal 01 58% 59% 01% Std Oil NJ 45% ... 44 % 45% Sinclair .22% •>£% 22% 22% Texas Cos.. 53 % ... 62 % 53 % Indp Pete. 32% ... 32 ...

Indianapolis Stocks

—Jan. 8—Stocks— Bid. Ask. American Central Life .... 200 Am Creosoting Cos pfd 100 ... Advance Rumely Cos com... 17% 18 Advance Rumely pfd 57 08% Belt R R com 08% 72 Belt R R pfd 54 ... Cent Ind Power Cos pfd. . . . 881 90 Century Bldg pfd 9fF ... Oitlzens Gas Cos com 40 42 Citizens Gas Cos pfd 105 ... Commonwealth Loan pfd.. 98 . Equitable Securities com... 51 ... Hook Drug Cos pref (class A) 25% Indiana Hotel com 100 ... Indiana Hotel pld 100 ... Indianapolis Gas o 5 00 Indole & Horthw pfd 27% ... Indpls Sc Southeast pfd 7 20 Indpls Street Railway ..... 42 40 Interstate Pub S prior lien. 98 103 Merchant P Util Cos pfd. ... 96 ... Public Service Ina Cos 10 ... Rauh Fertl’izer 48 ... Standard Oil of Ind 07% ... Sterling Fire Ins 11% ... T H I & E com 3 T HI iEnfd 32 40 T H T and Light Cos 93 100 Union Trac of Ind c0m...... 1 Union Trac of Ind Ist pfd. ... 10 Union Trac of Ind 2d pfd.. ~ 2 Union Title tom ...... ?9% ... Van Camp PUg Cos pfd ... 14 .. . Van Camp Pkg Cos Ist pfa. . 9~ IbO Van Ciunt> Pkg 2d pfd 91 95% Wabash Rv Co' pfd 44 .'.l Wabash Ry Cos com 74% —Bonds— Belt R R and Stk Yds 4s. . . 87 Broad Rippld 5s £0 ... Citizens Gas 5s 96 97 Citizens St Ry 5s ........ <9 Indiana Coke and Gas tts.. 94% 06% Indiana Hotel 5s ... 8/ ... Ind Northern 5s 8 Ind Ry and Light 6s 92% ... Ind Union 5s •'> -i± Ind Col Sc So 0s 96 100,, Indpls Gas 5s Indpls Lt and HI 5s ..... 99% d-00*4 Indpls & Martinsville ss. . . 40 45 Indpls Northern 6s ....... y 2 Indpls & Northwestern os.. 53 Indpls Sc SE 5s ... 4% ... Indpls Shelby Sc SE 5s ... 4% • Indpls St Ry 4s .... 67 59,, Indpls Trac and Term ss. . 90% 93 Tndpls Union Ry 6s 400% Indpls Union Ry 4%s .... 99 ... Indpls Water Wks Sec 95 .. . Indpls Water 5%s 102% 104 Indpls Water 4% 9 ... Interstate Pub Bcrv 6s • . .. . 99 101 Interstate Pub Serv 8%*..101 104 T H I Sc E 5s 70 74 T H T and Light 91 ... Union Trac of Ind 0s 19 24 —Bank Stocks— Aetna Trust and Sav C0...113 ... jja niters’Trust Cos 128 ... "City Trust Company 140 ... Continental Trust Cos 100 ... Farmers Trust Cos 235 £ ... Fidelity Tr Cos. 154 Fletelier Arne. - 152 160 Fletcher Sav and Trust C0..235 Indiana Natl Bank 259 207 Indiana Trust Cos . 222 ... Live Stock Ex Bank 100 ... Merchants Nat Bank 310 ... Marion Coupty State Bank . . 5 80 ... Peoples State Bank 215 ... Security Trust 215 ... State Sav and Trust 54 62 Union Trust Company 343 400 Un Lab Bk and Tr “Cos ... Wash Bank and Tr C 0... 150 ... —liberty Bonds — Liberty Loan Ist 3%5... 99.70 100.00 Liberty Loan Ist 4%s ...101.00 10180 Liberty Lean 2d 4%#... 100.60 1 00.70 Liberty Loan 3d 4%e. .. 100.80 1 01.00 Liberty Loan 4th 4%e. . . 101.93 102.10 TJ S Treasury 4% 8 106.50 100.70 U S Treasury 4s 102.80 103.00 Hales 10 Shares Van Camp Pkg Cos 2d pf at 91 % 20 Shares State Saving and Trust at 66 3 Shares State Savings ind Trust at 54 CAT JUDGING IS BEGUN Indianapolis Entrants Win Honors In Poultry Show. Judging of the 126 cages of cats was begun this afternoon at the Cat and Poultry Show at Tomlinson Hall. Wide interest was in the cat exhibits, Theo Hewes, secretary, Baid. Birds owned by Indianapolis persons were heavy scorers In the prizeawarding Thursday. The following persons entered birds which carried off a majority of the honors: Frank P. Johnson, 1609 E. Maple Road; Arthur F. Dewsnap, 1869 Thompson St.; William N. Otto, 6426 College Ave.. and John fc. Stumph, R. R. 6, Box 609. Kittens, entered by children, were the centers of interest at the show Mitzl, a\ kitten owned by little Dorothy Brothers, won first place in the A. O. C. class; Tomboy, entered by Ella Rose Lemon, also captured a first award; Patsy Girl, owned by Violet Crail, Fluffy, entered by Bernice Showers, and Princess Trixalle, owned by Margaret Edwards, also were first award winners.

Industrials— Allied Chm 114% 112 114 114, Adv Rumely , . ... ... 1 / % Allis-Ohalm. 82 ... 91% 92% Amer Can. 294 291% 291% 292% A H&L pfd . . . ... ... 02 % Amer Ice. 134 133% 134 136 Am Woolen 40% ... 40% 41 Con Leath.. 19% 19% 1?% Coca Cola. ... ... ... I>4 Congoleum. iO% ... 10% 10% Cont aCn.. 89% ... 88% 89% Dupont . . 232 % ... 229 232 % Fain Play. 109% 10% 109% 109% G Asphalt. 80 08% 08% 70 Int Paper.. 02% ... 02% 01 % Int Harv.. 131% ... 129 131% May Stor. 133% ... 133% 133% Mont Sc W.. 30% 76% 79% 80% Nat Lead.. 170% ... 170 172% Owen Bot.. 04% ... 04 % 66% Radio 42% ... *2% 43% Sears-Roe. 237 255 235% 239 United Drg 159 ... 150% 100,, Wool worth" 21.7 & Hh 213& 21*8% Utilities— Am T Sc T 143 142% . 143,, Con Gaa... 07% 90% 90% 97, Columbia G 88% 80% 87% 87% People's G.. 17% ... 11<% Wes Union 130% ... 130% 130% Shipping— Am Int Cor 43 % ... 43 % 4,3% Am S Sc C • 0% Atlantic G. 05% 05 06 In M M pfd 42% 41 42 41% United Krt 240 .. . 238 230 Foods— Am Sugar. 78% 77 77 % 78% Am Bt Sug Auaeln Nich 25X4 ... 7* 20% Corn Prod,. 40X4 40% 40% 40% Flctschman. 56 63% 64% 64% C-Am Sugar 20 ... 25 % 25% Jewell Tea. 37% i7% 27% 27% Punta Ale. +;>% 44% 44% 40% Ward Bak. 81% 81% 81% 82 Tobaccos— Am Suma. 12% 12% ,12% 1? % Am Tob.. 115% 115 115% 110 Tob P <B) 100% 99 % 89% 1(8' Lonllard . . 37% ... % 3 % U Cig Stor 94 92 95 % Schulte .. 137 i‘29% 137 . GRAIN FUTURES START STRONG Com Gathers Strength From Leading Cereal. # Rv United Press CHICAGO, Jan. B—Grain futures started strong and higher on the Chicago Bbard of Trade today. Fractional advances in Liverpool and Buenos Aires brought buyers, into the wheat pit. Corn gathered strehgth from the leading cereal. Besides the higher cables, wheat also had for buying Incentive the increased overnight activity in flour and cash wheat. Houses with eastern connections purchased large offers to replace sales-yesterday. Predictions of dollar corn and higher whdat sent the corn market substantially higher. Oats , trailed other grains. Provisions were steady. Chicago Grain Table * —Jan. 8— WHEAT— Peer High. Low. 12:00. close May 1.77X4 1.76% 1.77 1.70% Mlm <0!dK.1.76% 1.73% 1.74% 1.74 Julf 1.53% 1.52 1.62% 162 sept i.40% 1.44% 1.45% 1.44% CORN— May SO .87% 88% .86% July 90% .89% .90% .88% Sept 91% 90% .90% OA'TS— May 45X4 .45% .45% .45% July 40% .45% .40% .45% RYE— May 1.12 1.10% 1.11% 111% July ..1.09% 1.08% 1.09% 108% LARD— May 15.20 15.12 15.17 15 15 July 15.35 15.25 15.27 15.30 RIBS— May 15.90 15.85 15.85 CHICAGO. Jan. B.—Carlot receipt* wore: Wheat. 9; com. 238: oat#. 78; rye. 1.

Produce Markets

Eggs—Strictly fresh, delivered at Indianapolis, 23 0 33c. i’oluu-y—Sens. 24c: Leghorn#. 17©19c. springers. 24c; Leghorns and blacks. 17 @ 19c: young turkeys. 35c; old turkeys, 28c: cocks and stags, 11c: ducks. 10©20c. Buttfr—Jobber# selling jrioe# lor cream creamery butter lre*h prints. 49© 51c. Cheesei—Selling prices: Domestic Swiss 33@44c: iir-'orteif 53®5Pc; New York briek 28c- Wisconsin limburger, 28® 29c: Wi-cor,.,n Daisies 28@28%c: Long Horns, 28%@29%c American loai. 34c; nfmento loaf 30c. CHICAGO. Jan. B.—Butter—Receipt#. 0.606; creamery. 43c- standards. 42 %c: firsts. 41 @4l %c; seconds. 40©40%c. Eggs—Receipts. 5,986: ordinaries, 34036 c: first*. 38c. Cheese—Twin#, 23 %c; Americas. 24 %c. Poultry—Receipt*. 4 cars: fowls 20@28%c: springs. 28%c; ducks. 25@30c; geese, 18c: turkey*. 30©36c; rooster*. 19c. Pctatoe#—Receipts. 311 cars; Wisconsin round white®, $4,150 4.40: Minnesota whites. [email protected]; Red River Ohio*, ono car. $4.50. CLEVELAND, Jan. B.——Poultry—Heavy, express fowls. 33© 34c: Leghorns. 25 © *.oe; springers. 33@34c; springers. 20@26c: cocks. 17c: heavy, young ducks. 32©38c: ge*e. 22© 25c. Butter —Extra In tub lots. 4016 40%c: extra firsts, 43 ©43 %e: firsts. 41© 42c; packing stock. 32e. Egg#—Northern Ohio extras, 450; northern Ohio extra firsts. 41c: Ohio firsts. 38c: pullet eggs. 30©file: western firsts. 37c. Potatoes—Ohio. s2© 2.75: Idaho bakers. $5 0 6 per 100 pounds: Colorado. $5.25 per 130-pound sacks; Indiana, $6.50 per 150-pound bags. NEW YORK. .fan. B.—Flour—Quiet, steady. Pork, —Firm: mess. $35.60. Liurd —Quiet: midwest. $15.50© 15.65. Sugar— Firm: 00 test [email protected]; refined, firm; granulated. ss® 5.60. Coffee —Rio No. 7. l8c; Santos No. 4. 23%c. Tallow—Firm: ppeeiai to extras, 9%@0%c. Hay— Steady: No. 1. $1.45: No. 3. $1.15©L25. Clover. sl.lO @1.40. Dressed poultry— Firm: turkey#. 30 a 66c: ehickuns. 22© 38c: capon#. 28@62e: fowls. 10@30e: ducks. 17 '.Jfc34c: Long Island# 32c, Live ?oultry —Firm: geese. 17© 32c: duck#. B@3oc: fowls. 34@890: turkeys, 35© 45e: roosters. 19c: broilers. 45@50c. Cheese—Strong: State milk common to Bpeaiai. 21 % 029 c: young Americas, 2fl it 27 c. Butter—Steady: receipt*. 8.252: creamery extras. 45 %c: RPedal market. 40 @46% a. Eggs Steady: receipt*. 15,o80: nearby white fancy 48 0 49c: nearby State white, 38@47c: fresh first*. 4O 0 44%e: Pacific Coast first to extras. 47 @4Bc: western whites. 38@47c. LIKED THE MOIUJMENT Freddie Tells Mother About It, After Seeing City’s Sights. Little Freddie Woodruff, age 4, is back at his home in Noblesville, Ind.,today, full of self-obtained Information about the skyscrapers, the Monument and the streets of Indianapolis. He ran away from his mother here late Thursday. He was re-, turned to his mother at police headquarters by Patrolman Fat Dailey, who found him at East and Washington Sts. His only remark was: "Ge, ma, but that Is some Monument.” MACHINi UNDER ICE Auto Missing Since Dec. 17 Returned; Seen by Sluter, An auto, missing since Deo. 17, was returned to its owner, Edward J. Webber, 403 W. Twenty-Ninth St., today by police. However, lt is not in runnning condition, as lt was fished out of the Maxwell gravel pit at Seventieth St. and State Rd. 1, after Verley Lamb, an employe of the company, who was skating, saw the top of the cRr through the ice. The thief evidently had run the auto into the pit to get rid of it, officers Midi

i±U±e XlMUjfc

Cattle, Sheep and \ Lambs Steady—Calves Slump. —Hog Fries* l>ay by Day— Jan. Bulk. Top. Receipt*. 2. II.oOU 12.35 12.30 U.ooo 4 11.50<S 12.35 12 35 8.500 5 11 60 £) 12.35 12.60 9.000 0 12.00© 12.85 12.90 7,000 7. 12.00H# 12.85 1286 9.000 8. 11 75 @l2.Jt6 12.85 9.500 Hog prices ruled steady to 26c lower In trading today at the Indianapolis Livestock Exchange. Other market centers reported an increase, but a heavy run of material here, estimated at $9,800, was tooslarge to be absorbed readily and prices hit the down grade. Holdovers from Thursday numbering 181 were added to the total fresh receipts. Lightweight swine and pigs commanded the top price of $12.86. The bulk of the matured hogs were sold at prices ranging from [email protected]. Hog Price Scale Trading was done over the fol; lowing scale of values: Heavies brought $11.76@12; medium weight material sold at [email protected]; lights and light lights commanded a price of $12.85; pigs moved ar. $12.50@ 12.86; smooth packing sows cashed at [email protected]; rough packing sows averaged [email protected], and stags were sß@lo. Cattle trading was strong and prices were generally steady. This was rather a contrast to the usual Friday session and was evidently caused by the heavy supply of good material with which to trade. Receipts were estimated at 900 head of cattle and- consisted mostly of butcher stuff. Steers were quoted at [email protected], Heifers were priced at ss@lo. Many loads of this class stuff was sold as high as $9.35. Some few odd sales of extra choice stock was disposed of at $11.50. Cows averaged $4 @7.50. Some few choice cows brought an extreme top price of SB. Sheep and Lambs Steady. Sheep and lamb price remained steady and a run of material estimated at 700 was sold readily. Native lambs were sold at a top price of 15.50. Western material was 50 cents higher than the native and sold at an extreme top price of sy6. Old sheep were fully steady dnd sold fit $4 @B. Calves slumped 50 cents and best yealers hit a top price of $15.50. The ttulk of the run was sold at sl6® 15.50. Heavy receipts, estimated at 1,100, was the cause of the slight recession. . —Hog* Heavie* $11.75© 15.00 Medium# 12.00@12 25 Liirht hog# 12.85 Light light# 12.85 Pig# Smooth sows 976 @10.50 Rough sow* 9 26© 9.50 Stags 8.00 @IO.OO —Cattle Good to choice fat *taera..s oOO@lloo Medium #tpcrs 4 00© 0 00 Choice heifers 6 00 @lO 00 Common to fat betters .... 3.00© 6 IXI Prime tat cow# 4.00© 7.50 Larmers aji dcatter cows ... 3.00© 4.50 _ —Caive*— Fancy veals $15.60 Good teals 15 mi 515.50 Medium calves B.oo© 11.00 Common veals . * 6.00© 7.0 —Sheep and I-amt.j— Choice lambs $15.50 Good 10 00 @13.01 Good to choice sheep 5.00© 800 Fair to medium 8.50© 5.00

Other Live Stock CHICAGO. Jan. B.—Cattle Receipt*. 4.000: fed steer# steady to weak- quality plain mostly $8.75 09 75. few h.-avi*#, SIOO 10.26: some *10.50; hid. $10.35; best yearling*. $10.75: fairly active and steady trade on she stock bull* and calvo*. outsider# takin-- vealer# upward to sl4: packer#, $1215© 13 mostly. Sheep Receipt*. 20.000: fed lambs and desirable yearling wether# fairly active. 25© 60c lower; choice light and haiulyweight kind* •howir.t minimum los###; early bulk fit lambs. $15.606f0: few up to $10.26: Bevel ai loads yearling wethers, sl3® 13.00: sl6 refused for choice lambs: few sales. [email protected]’ weak. 25c lower: fat aged sheen fully steady: odd lot hundvweight and low heavie* upward to $9. Hogs—Receipts. 39.000; market opened 6@ J.0 c „ up: later alow, unchanged; top. 1 .60© 12.10: Beat^rw rtghl. $11.46 @11.85: medlumwelght. $11,060 1.2-25; lightweight. $11.50© 12.00; light light*. [email protected]; parking wt. $9.25 @10.25: slaughter pig*. $12^5001315. , CrXCINATI. Jan. B—Cattle—Receipts, 4(K>; market steady: shipping steers, good to choice [email protected]. Calve*—Market, steady; good to choice. sin a Hogs—Recmpte. 6.500 market steady to Ise lower: good to choice packers and butchers. $11.36 0 13.40. Sheep— Reoeipt*. 300. market. steady; good to choice. so@B. Lamb*—Market, steady: good to choice. sl6© 10.50. CLEVELAND. Jan. B.—Hogs—Receipts. 3.500: market, steady. 10c higher: Yorkers $12.75© 13: mixed. $12.40© 12..>0: medium*. $12.25© 13.36; pigs. sl3: roughs. $9.75: stags. $6.75. Cattle —Receipt# 400: market, steady; good to choice Dulls, Vs@ 7.50: good to choice steers $9011: good to choice heifers. $8 @9.50- good to choice cows. $5 00; fair to gpod cows. $4 ©5: common cows. $2 © 4: milehers, SSO ©sloo. Sheep and lamb* —Receipt*. 1.500: market. 25c lower; top, $18.75. Calves—Receipts, 400: market steady: top. sl6. BAST BUFFALO. Jan. B.—CatUe—Receipts. 40<> market slew. 10@2oc lower: shipping steers. $9.60© 11.50: butcher grades. $6©8.75; cows. $2 @0.50. Calves —Receipts, 1.400: market slow. 50e lower: cull to choice. $3 50010. Sheep and lamb*—Receipts. 3.500: market active, lamb* 25c higher: choice lamb*. slo© 17; cull to fair $10013; yearlings. $9014: sheep, S4O 10.50. Hog*—R*vcint. 1.000 market, slow, steady; yorkera, sl3 @ 13.35; pigs 513.2i: mlxxi o, heavies, sl2© 12.50; roughs. $9 0 9.75; stags. $0..-)O@8. PITTSBURGH. Jan. B.—Cattle—Receipt#, light: market. steady: choice, *10.40© 10.75: good. $0.50 @16.25: fair. [email protected]: veal calve*. [email protected]. Sheep and lamb#—Receipts, light: market, higher; prime wethers. slo© 10.50: good. $9.2509.60: fair mixed. s7@B; lamb* sl4 OX7. Hogs—Receipt* 30 DD: market, steady to lower: prime heavy. $12.40© 12.50; mediums. $13013.25; heavy yorbcrs. $13.15© 13.25; light yorker* $13.25 @l3ho: nigs. $13.25013.50: rough* $9 @10.40: stag#. s6@7. EAST ST. LOUIS. aJn. B.—Cattle—Reeeipts. 800: market, nominal: cows. ss© 6.25; eanners and cutter#. [email protected]: calves. $13.80. Hog#—Receipts. 13 500: market, 10016 c higher heavie*. $11.90 812.26: mediums $12.15 013.76: lights, light light*. 512.400 Sheep—Receipts, 1600: market weak to 26c lower: ewes. [email protected]: eanners and cutters, $1.5006: wooled lambs. $13.76 @15.76. i TOLEDO. Jan. B.—Hog*—Reordpt* 600: market. 10015 c higher; heavie* $11.76 |i 2 76@ n^ 1 : Un “gc t J, ls^if* 1 '“' 5 $ 0 Olive#—Market, steady. Sheep and lamb* —Market, steady. DEMOCRATIC POLITICS Spaan Discussed as Candidate for Congressman. Attorney Henry N. Spaan is being discussed as a candidate for Democratic nomination for Congressman of the Seventh district. Friends of former Mayor John W. Holtzman say he has discouraged talk of his being Democratic congressional candidate, but they see strength In the movement toward him. County Chairman Russell J. Ryan and Attorney W. D. Headrick, also are being discueeed by leaders seeking congressional njaterlal. E. O. Snethen, former Federation of Community ClHbs president, a few days ago announced his candidacy for Congress. SHIPPERS’ FORECAST Northwest, north and east, 20 to S6; west and south, IS to 10.

DECISION NEAR FOR SHEPHERD To Know Next Week if He Has Chance for Millions. Bv United Press CHICAGO, Jan. B.—Decision in the third round of fight of William D. Shepherd, former Indiana'polia man, for the fortune of his million aire ward, Billy McClintock, will be handed dpwn next Monday or Tuesday. Shepherd won the first round when acquitted of the alleged murder of his ward last summer. He lost the second' when the Probate Court refused to accept the will Shepherd drew up and had Billy sign shortly before his death. Shepherd now is endeavoring to have the Circuit Court order the will probated. McClintock’s sweetheart. Isabel Pope, and his eight cousins are fighting the move. Arguments were concluded this morning and Judge Keckham Scanlon took the case under advisement. TRUCK BILL PROTESTED Delegation to Oppose Congressional Move Next Monuth. 7 Indiana truck owners will send a strong lobby to Washington next month to fight a Congressional move to put interstate motor trucking under Federal regulation, it appeared today from resolutions of the Indiana Transfer ahd Warehousemen’s Association adopted at the Lincoln in a State meeting Thursday. Ii terstate Commerce Commission regulation would work a hardship Op truck operators in the vicinity of State borders, the resolutions declare. Tom Snyder, secretary, will head a delegation protesting the move at a committee hearing on the bill next month. Marriage Licgenses Walter A Rtem&n. 23. 1229' 8. F.aat. *al(*man; Violet M. Spllker. 21. 2140 Orleans. typist. Kirk Vernon. 33, 3115 W. North, laborer: Eva M. Pamgin. 19. 3023 Livingston. domestic. Frank Ervin, 31 910 W. Walnut, cook; Hub# E. Dolton. 27. 910 W. Walnut, maid. Georg# D. Gaddle. 20. 48 Schiller, switetiman: Heim D. Molar, 18. Ben Davis, domestic. Ernest W. Russel. 20. 533 W. Thirteenth. foundry work; Luella Johnson. 25. 629 Blake. James L. Barultt. 02. 225 N. Capitol. Insurance agent: Ada B. Hermes. 44. 985 Feari. merchant. Paul A. Henschel, 42. 2163 8. New Jersey, baker: Ruby C. Peacock. 23. 14 S. Rural, clerk. Births Girls GUgor and Ltska Bacaloff. 2922 W. Tenth. Thomas and Francis Naumach. 752 N. IV arm an. Vivian and Alios Windl*. Christian HosPltai. „ Gayle and Alma Marshall. Christian Hospital. Thomas and Nevada Garr. 451 8. Hard*William and Mary Bertram. 154 Arizona. Wilbur and Edith Jenkins. Methodist Hospital. Roland and Rena 9ehad. Long Hospital. Charles and Anna Raflerty. 30 N. Tacoma. , Boys Henry and Anna Hemelgarn. 1338 Barth. Frank and Ttllte Hai field. 1723 Prospect Jesse and Dolores Dennerllne. Christine Hospital. Norman and Mary Dean. Christian Hospital. Robert and Bessie Irvin. ChrisUan Hospital. Truman and Vivian Neff. 1214 Linden. Simeon and Mabel Bush. 1249 Kentucky. Tom and Alma G.-utry, 2031 Caroline. George and Marie Kafader. 1941 Ludlow. John and Bessie Den morse. 2143 Parker. Jphn and Dorothy Brannon. Methodist Hospital. James and Mar. Wills. Long Hospital Wayne and Lorraine Jones, 242 N. Beville. Earl and Pearl Antonides. 3060 N. Illinois. j Boy* Jake and Atol Goldstein, boys.

Deaths Harrison Bum* 89. 3525 E. New Yor chrome myocarditis. Martha A. Hudson. 91, 3421 E. Michigan, cerebral hemorrhage. William Nelson Johnston. 59. 8643 N. Pennsylvania, acute ili.atation of heart. Robert. Eugene Hockersmlth. 2 wks.. 2127 N. Teniplo. non closure foramen oval* Infant Harn ett. 2 hr#., city hospital, premature birth. Jacob Burkhkrdt. 07. 71 N. Addison, drrhoals ol liver. Mary O'Neal. 84. city hospital, acute cardiac dilatation. Carrie L. Slough. 45. St. Vincent Hospital. cerebral apoplexy. Elvira Cedora Wood. 09. 310 N. Highland. rsrdnoiua. Nancy Killiun. 70. city hospital, cerebral apoplexy. Mattie Lee McAlnm. 25. city hospital, septicaemia. Elizabeth Fullgraff. 77. 617 Home PI., hypostatic pneumonia. Van# M Mil-shall, 7. 1430 Cornell, lobar pneumonia. Eddie Grider. 38. dty hospital, acute myr carditis. Victoria Wats 00. 1828 N. Meridian. arite cardiac dilatation. Martha M Hurt. 74. 1823 Ahaland. broncho pneumonia. Charles H. Lanier, 07. 501 W. Pratt, art erioeo! Croats. Daniel Payno. 57. 403 8. Ritter, endooirditi*. Fred Shlreman. 51. Long Hospital, uremia. Robert W. Bryant, 73. 005 Edgemont, diabetes mellttus. William 7ei#ler. 04. 1040 S. Ttrmont, cerebral apoplexy.

Compton’s ,Pictured Encyclopedia Answers the Child Informs the Adult Helps the Teacher L.S. AYRES & COMPANY State Agents

VERY LOW m EXCURSION RATES <9&turtlay P. M.-gnnday) MINIMUM. SI.OO

Orchestra to Be Heard

E. S. Schepp and his musicians

Among the members of Schepp’s New York Orchestra, to be heard tonight on The Times radio program ever WFBM, Merchants Heat and Light Company, from

QPT4OOT GEORGE GOETHALS OLIIUUL _ The Man who Built HELPS the Panama Canal.

SMAGINE yourself in Jungleclad Panama during ’he construction of Uncle Sam’s can*l. It is only 7:00 a. m., but Colonel Goethals of the United State Army, appointed "boss of the big Job” In 1907, is already off in a little yellow car, called by the canal workmen the ‘‘brain wagon.” Tall and gray, with bronzed face and blue eyes, he drops off now and then to watch men digging and blasting. A word here a question there and on he goes, "always on the job. J ’ The direction of the greatest engineering task in history required not only a master engineer, but a true organizer and commander of men. With a genius for detail, Colonel Goethals organized the labor army of 40,000 into a modal of industrial oontentment. Though he was equipped with the power of a Russian Czar, no humble darkskinned laborer but could go to him personally. A man of force and resources, strong In personality and able to Inspire confidence and energy in others, he brought the canal to completion in 1914, nearly a year ahead of schedule. "Peace hath her victories, no less renowned thkn war.” Goethals proved himself a hero-soldier of peace. Indeed, his peape victory in Panama was even vaster in its effect on the destiny of nations than many a military triumph. Experience had fitted him for the great undertaking. Born in Brooklyn, N. Y., he was graduated from

Marryin’ Squire Gives Advice Bu Times Special Cr— JROWN POINT, Ind., Jan. B.—" Beware the boarder and keep smiling.” This is the advice to the male newlyiVed by N. E. Kemp, America's champion marrying justice of peace, after performing his three hundred thousandth ceremony In this Gretna Green of the Middle West. To the girls, Kemp says: “Don’t live with your relatives, and don’t expect too much out of life.” To both bride and bridegroom: “Keep up the courtship. Let each other know you are appreciative. Remember the birthdays and gift days.”

MIRACLE SAVES VILLAGE Lam'sfide Halts Leu Than 100 Yards From Town. Bv Unit and Press GENEVA, Jan. B.—As though by miracle, the gigantic landslide bearing down upon the little village of Sehimberg at the rate of several yards a day halted today when mins suddenly ceased. 4 Millions of tons of earth Btopped less than 100 yards from the town. Authorities said the final crash might be delayed for several days, or a whole year.

wiL. CARLTON’S wifv THE ORIGINAL ARMY AND NAVY GOODS STORE NEXT TO CAPITOL THEATRE

A Real Clearance of Clothes For the Workingman —Starts Saturday

250 Reclaimed Canadian Government ALL-WOOL GRAY MELTON HEAVY (A qc OVERCOATS }^ The coat for the outdoor man. Teamstera, truck drivers and railroad men. sls Value

1,000 Extra Duty SI.OO and $1.50 Value SNOW AC _ SHOVELS

MEN’S OUTDOOR SHEEP-LINED $ 50 COATS J3= A real buy for the outdqor man.

Men’s “Scout” Heavy WORK SHOES A real Shoe for hard #39 service

The Times studio at the Hotel Severln, a#e, left to right, H. A. Cederholm, saxophone; N. W. Anderberg, pianist; George La Rowe, singer and drums, and E. S. Schepp, director and banjo.

West Point in 1880, second in his class. His rise in the Army through .he lower grades was slow, but he was made captain in I£9l. He taught military engineering at West Point (1886-87); was chief engineer of volunteers In the Spanish- Amer lea War (1898); was for a time a member of the Board of Fortifications, and had taken the advanced course in the War College (1905) before his engineering opportunity came n* Panama. After the completion of the canal Goethals was made major general and appointed first civil Governor of the Canal Zone (1914-16). After the United States entered the World War he was made acting quartermaster general of the Army, and filled many other posts of importance in that trying time. After retiring from the Army In 1919 he became a member of an engineering firm to engage In reconstruction work In America and Europe. Princeton University and the University of Pennsylvania both honored him with the degree of LL. D. In addition to special thanks from Congress for his work In Panama and the Distinguished Service Medal for his services in the quartermasters’ department, the French government made him a commander in the Legion of Honor. KEPNER BEATS RAMSEY Kepner defeated Rarnsey, 50 to 88, in the State three-cushion billiard turney at Cooler’s on Thursday night. The defeat took Ramsey out of a tie for first place. Curtis now leads. Curtis and Bosson meet tonight in a postponed match. KING TAKES POSITION John E. King, former city councilman, has accepted a position as power salesman for Indianapolis Llghf an d Heat Company.

JANUARY SHOE SALE SATURDAY ONLY -AT HEID’S Oxfords, Pumps & Straps Men’s Oxfords and Shoes $4 Vain#*- *5 Value* *0 Vln# *7 Valor* OH,LOREN’S men<9 SHOES I #\ „ GOOD WORK j \ AND OXFORDS BHOES 'V-v- SI.OO to $1.98 to J&lLu HEID’S SHOE STORE 1546 N. Illinois 5t.—233 E. Wash. St., Opp. CourthouM.

EXTRA HEAVY Worth $lO ARMY HORSE * Ql- - *1 =1 A real Blanket for home use. Spe- -1L clal

Men's Heavy Fleeced Lined UNION SUIT Ssl .15 Well made. Excellent fitting and com- 1 sortable i

BEVERIDGE TO ENTER SENATE RACE, BELIEF Quietly but systematically th* campaign of Albert J. Beveridge to euc ! ceed James E. Watson in the United States Senate is under way, politicians believed today. From headquarters in an office in the National City Bank Bldg., letters and circulars are being dis patched to all parts of the State asking workers to gather for informal meetings, it is said. Coming Jan. 15. Political leaders predict formal announcement of the Beveridge candidacy will come when he arrivea here about Jan. 15. Many wheel horses of the Jamee P. Goodrich political machine are included in the rank of Beveridge 1 supporters and there la strong talk that Ralph A. Lemcke’a organization la seriously considering indorse merit of Beveridge. Should Beveridge enter the race, he will face the combined WatsonRoblnson forces. Geoge V. Ooflln, Republican boas, will be expected to deliver Marlon County for Watson, itj is said, hi exchange for help over; the State for Robinson, who has had! little time to develop a formidable State-wide organization. Watson Working Watson has been mending fences for many months. mv ~re is talk that former Mayor lay fall in with the) Bevenufto v„~. blnation in hla endeavor to wrest control of county l and city politics from Coffin. INSTITUTE OPENS FEB. 1 1,000 Expected at Epworth League District Meeting. Fourth winter Institute of thsl Methodist Epworth League, Indian-' apolls district, will be held Feb. 1-7* at Roberts Park M. E. Church, Delaware and Vermont Sts. It Is expected a thousand delegates will attend. Dr. Edwin W. Dunlavy, pastor, will be dean. Classes In church and community activities will be held each evening. A grand rally and pageant will be held Feb. 6. • A silver loving cup wilt be given by Dr. Dunlavy to the league having the largest number of credits. EX-MAYOR MAY 7 RUN Newcastle Man Roomed for Congress From Sixth. Bv Times 8v Mai NEWCASTLE, Ind., Jan. B.— J. Leb Watkins, former mayor, today was declared by friends a candidate for the Republican nomination for Congress from the Sixth district. Watkins said he would make a definite statement later.

5,000 Heavy . Reclaimed WOOL ir - DRAWERS |K C In small sizes. Special | a | for Saturday. Each

Men’s Heavy Mixed 2 PAIR WORK SOCKS 0 - An extra special for Satur /hf* day Men’s Heavy . CORDUROY PANTS * 4 ~

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