Indianapolis Times, Volume 37, Number 221, Indianapolis, Marion County, 15 January 1926 — Page 27

JAN. 15, 1926

HOGS BOOSTED 15 CENTS BY ORDERS

SPECULATIVES RECOVER SOME 9 AFTER SINKING U. S. Steel and American Can Stocks Start Upward Again. j Average Stock Prices Average pric© of twenty industrial stocks for Thursday, was 156.90. off 1.41. Average price of twenty rails for Thursday. was 111.26. off 1.16. llu United Press NEW YORK. Jan. 15—Yesterday’s abrupt reaction just before the close was generally attributed to the raiding tactics on the part of a group of uptown plungers, who have been launching intermittent attacks for the last several weeks. Certainly there was nothing in the weekly j Federal reserve statements to account for the sudden sinking spell, j At this center the reserve ratio was j strengthened in the last week to SI.B per cent against 80.1 a week ago, and 76.9 a year ago, while the ratio for the system as a whole increased to 72.7 per cent against 70.2 in the preceding week. This proof that no cause for anxiety existed on the score of credit conditions served as a steadying inftukce in the early dealings and some eoveries were scored in the principal speculative stocks. U. S. Steel moved up fractionally to 134%, American Can gained % to 285%; U. S. Rubber % to 80%, and Dupont % to 266%. Support was encountered around noon, checking the downward movement in the main body of stocks. Heavy buying orders on the scale down were reported in Steel common and the issue came back about a 1 point from the low of 133%. Other industrial leaders rallied in propor- ! lion. Hudson rebounded a point to 144% and General Motors a point to 118%. An important factor in the stead- : ier tone displayed by the general list at the end of the morning was the impressive behavior of the rails. Persistent buying by bank- j in.g groups operating in these issues demonstrated their confidence i regarding the future was undimin- | ished. Local Bank clearings IndianapoMa hank clearings for today i amounted to ¥4,239,000. Debits were 1 f'S.OOO.OOO. NKW VORK~T.TeA P INGS NEW YORK. Jan. 15. sl,080.000.000; balance*. J 119.000.000. Commission Row I'riee** to Retailer* Fruit* .-vpi/les— Jonathan 40-potinu oaskei j SI ©2; knmra Golden. 40 pound Da* j diet $1.75 St 2 Ufllciou*. 40 pound baaae, ■2.75: VV Bananas. 40 pound oasan’ ' ■ .75: King Davids 40 pound basket ■BoO: Northern Spy 40 oound basket *1.75; Baldwins ¥1 75t02: Stavinen Wine sap, box $3. Bananas —8c a pound Cocoanut* —Jamaica 85,50416 ioi lUt' . Cranberries Box. 50-pound. $lO it i 10.50. r Grapefruit—Florida 83.50 it 4.00. Grapes—Emu'-rtor 'ugs. 83 56*83 75 liumqitats—Fla., at.. 2.s<fr3oe. Lemon* —Ual'furnia. box 84 50 61 5 Limes—sl.6o©>2 humln-n Oranges California Navels. $4 75; Florida. 8475. Pears —D'Antou, box. s6*rtl2o Pineapples—Cohan, rrt.. 5350W4.50; Tangerines—Fla., crt. $5 ©5.50. Vegetables Artichoke* —Kcv California fcljHi© 1.75 dozen. Beets —II o. ou SI Brussels Sprouts Key California pound, 20© 25c , Cabbage—Danish s.>ufJ6o ton. Carrots—-H H bu 81 25 © i .Hl' Tex a* nu., Sl.ooiJ/2 Oaullnower—Colorado, crt. 82 25 Celery—California, crt. $7.50418: Michtjran. crt.. 82.50©2.75. Cucumbers—H. G„ doz., M©)4.?5. Eggplant—Fiona*, uuz. 2©2.20 Garlic—Key Galtiornia toe ib Kale—Eastern, hhl $1.75©2 2ft Lettuce —Western Iceberg, crate. $3.75 © 4.75. 11. G. leaf. 15-pound basket. $1.75 ©a. Mangoes—Florida trunk $5.50®6 Mushrooms —Fry. p uoynd basket 1 2c IL On ions—Spanish, crt.. $1.35 ©1.60; 11 G., red and yellow. 100-pouml bag. s3© 3.25; southern shallots, bbl.. sl3© 14. I’arsie* —rc> 1, u doz -H) ©-)•>. Peas—California cut.. $0.50©7 25 Potatoes —Michigan white I.iO-ih rack $7©,7.25: Idaho per cwt.. $4.75 ©5■ Ohio 120-lb. sail;. So.7siiio. Radishes —Doz 50i Rutaba**— Kc.v $1 nO© l7h .-wi Spinach--H G hu 82©2.50 Suuash —Hubbard bbl $2.25©2 50 Sweet Potatoes —Jersey bu.. sl.7s'© 3.50. Tomatoes—Crt.. six-basket. $7 runups— New U G sl©l 40 Produce Markets Eggs—Strictly fresh delivered at IndiUnapoiis, 32c. ■ Poultry—Heat., 25c: leghorns. 17c: ■pringers. 25c: leghorns and blacks. 17® “9c; young turkeys, 40c: old turkeys, 26c: cocks and stags, 11® 15c: ducks. 20c. Butter—Jobers’ selling prices for creamery butter tveah prints, 4.)©47c. Cheese—Selling prices: Domestic Swiss .">4 © 35c: imported. 53 © 50c: New York brick, 28e: Wisconsin limburger. 29© :‘.0o: Wisconsin daisies. 28®28%c: Long Hi rns. 28%©29%c: American loaf 34c: nimento louf 36c CHICAGO Jan. 15.— Butter —Rece Jits 7.271: i rca.'mr/. 42c: standard.*. 41c; Fists. 40© 46%c: seconds. 39©i39%c. Pegs—lleicip-'s. 7.461: ordinaries. 32c: firs s. 34c Cleave—Tv-ms ->4c- Americas. 25 %c. Poultry—Receipts. 15 cars: tow Is. *l3© 76 - srii-uigeis 2 < no: duciss. "5© 30c: geege*. 21c: turkeys. 30©35c: rooutera. 20c. Potato-• —Receipt*. 27 , ars: Wisconsin round win loft $3.90© 4.15: Minnesota round whites. $3.75©:4: Idaho OI.ETVE.LAND. Jau. 15. Poultry Heavy express fowls. 32 ©33c: heavy Ix-gliorns. 23© 24c: springers. 31 © roosters 17c: heavy young ducks 33© 34c; gi-fse 22© 24c. Butter —Extra in tub3 4-6©46'4c: extra lirsts. 42e: firsts. 42c t packing ft lock. 32c. Eggs—Northern Ohio.* extras. 43c: extra firsts. 39c; Oh o ■C-Cft 38,.; |>-li,-t jntm. 30© 31c western firsts. 37c, Pot atom —Ohio. $7 pr 150 pound iticks; India a s'l.oo' Idaho ~aid's. $j © U per l(-nound sack. NEW YORK. Jail. I 5 —F'ouv —Mo 1iripe'v n-*ive. l'orlt—Quiet: mess. $36.60. Lard—3'rong: Midwest. S's.Bs© 15 95. Svgir—Steady: 06 t-st. 4.lie; refined <asy: granulated. 5 Hi- 5.50. Coffee—*-Rio No. 7, 18% ©lB% e: Santc-i No. 4. 24©) 24 Me. IMIIow —Dull: special to extras, 9%®9%c. Ha.v—Quiet: No. 1. $1.40; No. 3. 81.10© 1.20: clover. *1.05© 1.35. \J>i(>ft,ed uou’trv —Kirni: turkeys, ,35®33c: chickens. 22 ©3Bc: capons. 28©>540: fowls. 17 hr 36c- quell*. 18©35e: Long is'ands. 33®,34c. Live poultry—Steady: rr 16 © 25c- <;>ik. 17 © 36c • fowls. 28©-31c; turkeys. 35©45n: rooiters, 18c: broilers. 32®4(1e. Cheese—Firm; State milk common to si stela I, 21 % © 29c; Young Americas. 26© 27c. Butter —v!rmc-■ r „. ■ si"fs 1 1 302; ereanieey cx'tras. 48 V/Cl special market, 44© 44 %c. Ejgs—tires ut■■ r -.-ne-iu 1 ,5 45n -eirkv ' -hire 1 alley. -19 c: nearby State whit-. Oh© 4He: fresh firsts, 30 %© 41 Mi a: Pi*4 tic ebaat first to extra . 36© 18<- :westcrn whites. 37©48c. \ Wholesale Meat Prices Leef—Natl® su-ers. 50(1 to NOO lbs.. 19©20c seres under ciu’enfs. 2c: hinds cv- r , aii.-i.Bft. 4-'' native In Hers BiM to 450 lbs. 17©>20r: forte, umlpr c areas-, le; hinds over carcas*. 2e: irtive rows. 400 tc 700 lf>.. 12%4r)4r: fores under .canasft. Ic; hinds over carcass le. Pori. —Ot—sseri hogs. 140 to 700 lbs ts! 1., rrt l.'Hic reguar picnic ha mi. 4 to 14 lbs. 10*4® 18% c: fredi tenderloins 4*’e. V<a< -C-rcs-go* 7o (o opo lb*. 20 ®74 c: holds and *d<ll*©civ*r carcass. 7c: fores oudtr ei rca-s sc. Mutton—Spring lambs 25 to 40 lbs.. 31c.

New York Stocks “ (By Thomson & McKinnon 1

All Quotations New York time. —Jan. 15 — Railroads— Prev. High Low. 1.00 close Atchison . .134% . 182 Is 134 % At Ooast L 251 . . - 2481s 253 B. & O 92% 90% !*1 03% Can Pac . . I+B % C. &0. . 170% 119'i 170 122 % 0. * N. W. 76 .. . 7.i % 77 C.. R & P 60’s 57% 60 58% D/, Hud.. 158% 157% 158'-, I,>B D & Laeka 148 146 V, 147', 148 Erie 36 .35% 3n'. 36 Erie Ist nfd 43% . . 43 'A 43% Gt No pfd. 75% ;4 -5 4 74’* 76 Lehigh Val ... . ■ . • ■ • ,**3^ L. & N 1.35% ... 135 140 Mo Pac pfd 86% 86 1, 86% 87 N Y Cen.. 130 128% 129% 130 N Y N H&H 43 % 43 43 % 43 % Nor Pac... 74% 73% 'B^* Nor Sr Wes 152'-j 150% 152 150% Pere Marq. 83% ... 83 U 83 Pennsylvan. 54' ... *4 54% Reading ... 86% 86% 86% 87% So Railway 114% ... 115% S J’acific.. 101% 100% 100% 101 % St. Paul ...A3 ..\ 12% 13% St. Paul pfd 19% .. . 19 % ■% St I, & S W 07% 66 66% 68% St TANARUS, & S F 98 97% 97 > , 98 Union Pac 147% ... 147 Wabash . .. 49 4j % 49 48 Wabash pfd 76% 70% <O% <6% Rubbers — Fisk Rub. 25"% %% % 25, go % Goodrich R 82 % sf. 62 \ 62 % Goodyr pfd ... . . ... 104 %

Across the Desk With Busy Men Hardwood Lumber Prices Are Steady on Most Grades.

By Rader Winget it ’1 RICES on hardwood are P about steady this month * on all grades except those from the South,” says Edgar Richardson of the Long-Knight Lumber Company. Heavy rains in the southern part of the United States have hampered cutting and shipping to a great extent, and prices have been boosted as a consequence. The bulk of the material handled by hardwood men is absorbed by the furniture manufacturers. Only a smfill part of the output is used in the construction of buildings, says Richardson. The heavy building program forecasted for 1926 will not necessarily affect the demand or the prices on hardwood to any great extent. The Indiana Hardwood Lumbermens’ Association met in their annual convention today at the Claypool. Between 200 and 250 members of the association were in attendance, according to Richardson, who is secretary. • HERE is a certain price || I stability pervading the *i. ■ i coarse paper market at the present time and l look for no change in quotations,” said A. M. Rosenthal, Standard Paper Company, president. From time to time small eruptions occur in prices and the market is temporarily unbalanced, but there Is no cause for the belief there will be an increase or decline in the prevailing values. There have been times in the coarse paper market when demand was light and prices remained high; rather an artificial inflation. The first month in the new year finds demand heavy with prices stationary. “Manufacturing is returning to normal in many lines and with the general increase in business, occasioned by added production and employment, comes a greater demand for paper products. The trend of conditions with companies dealing in paper is an indication of general conditions in many lines of business,” Rosenthal believes. That the outlook in the paper market is exceedingly bright and stability Is the keynote, seems to be the concessus of opinion of pai>er companies.

Indianapolis Stocks

I —Jan. 15—Stocks — Dirl. Ask. I American Central Life ... ."00 . . . ! Am CreocOtinK Cos pfd 100 ' Advance Rumple Cos com . . . 1 Advance Rumrl.v pfd ... i iseit R R com 08 72 ! Bolt It R pfit 64 Ctnt Ind Power Cos Did.... 88 00 . Century Bldg pfd 00 ... 1 , Citizen* Gas Cos com 11 4" j Citizens Gas Cos pfd 105 . . ! Commonwealth Loan pfd... 08 ... I Equitable Securities coni... 51 ... [Hook Drug- o pfd (class A) 25 % Indiana Hotel com 100 ... ; Indiana Hotel pfd 100 ... Indianapolis Gas 55 HO ' I Indpls & Northw pfd .... 30 ... ; Induls & Soutneast pfd ~0 I Induls Street Railway .47 48 j j Interstate Pub S prior lien. SIS 103 Merchant P Util Cos pfd. . . . OH I Public Savings Ins Cos 10 ... Rauh Fertilizer . . . i 48 ... Standard Oil of Ind 66% 3t.erlii.ff Fire Ins II 1 ,. IT H I & K com . :j 5 T H I 4 E pfd 33 40 , i'l H T and Light Cos 03 100 Union Title com 30 ... ! Union Trap of Ind com 1 Union Trae of Ind Ist old. ... 10 I Union Trae of ind 2d pfd.. .. 2 Van Camp Plcg Cos pfd.... Sid do Van Camp Pkff Cos Ist pfd. . 98 04 Van Camp 2d pfd 01 01 Wabash Ry Cos pfd bo '* ... | Wabash Ry Cos com 77 ... —Bond*— , Belt R R and Stks Yds 4*. 87 ! Broad R'pple 5* 70 ... > Citizens Gas 5s v OH 07 I Cit'zen* St Ry 5s 81 84% I indiana Coke and Gas Hs.. 04 % 00 “A 1 Indiana Hotel 5s 07 ... Ind Northern .5s .3 ... Ind Ry and Light 5g 02 Mi i Ind Union 5s „ . .3 ... i Iml Col & So Hs OH 100 ! Indpls Gas 5s 96’A 97% j India a Lt and Ht oh 00% 100% 'lndpls & Martinsville ,55... 45 50 | Indp's Northern os 23 20 1 minii & Northwestern s*. .50 ... Indp's (r S E Os 4 *i 10 j liidnls Shelbv & 9,E 5s ... 4% 10' Indpls St Ry 4s 61 H 4 j Tndnis Union and Term s.. 80% 02 i Indpls Union Ry 5s 100 t* ... I Indpls Union Rv 4 %*.... 00 % Tndnis Water Wks Sec. ... 9.5 ... Tmlp's Water 5Us 102% 104 ; Indpls Water 4%s 02 07 Interstate Pub Serv Hs 00 101 Interstate Pub Serv 6%*.. 101 104 T H I ft E As 70 T H I and Light 01 Union Trae of Ind Hs 10 24 —Bonk Stocks— Aetna Trust and Sav Cos. . . .112 ... I Bankers Trust Cos 126% I City Trust Company 141 . . Continental Tru-a Cos 106 108 Farmers Trust Cos . 235 Fidelity Tr Cos . . . * 154 Fletcher Amer 152 ... Fletcher Sav and Trust Cos. .23 5 . . Indiana Natl Batik 2-50 267 Indiana Treat Cos 222 ... T.'vc Stock Ex Bank .... .160 ... Marion County State Bank. .160 Merchants Nat Bank 310 ... P'Hip es State Bank ‘lls . . . Seecritv Trust 215 Stale Sav and Trust 50 55 ’fnion Trust Company 34 ! 400 Wadi Bank and Tr Cos 1.50 ... English railways employ nearly 1 800 women as switchmen, crossing lenders, porters, painters, yardmaslers and station agents.

1 Kellv-8p?... 17% ... 17% 18 jU 9 Rub.. 81 % 79% 81% 80 1 8 Equipments— Am CA F 112% 111% 112 112% Am 3LI Fd 46 % . . 45 % 46 Am Loco. 117 . 117 117% Bald Loco 129% 128% 129 129 Gen Elec. 338% 334 338% 338 Lima Loco 67 . . 66% 67% P Steel Car .76% 76% 77 I Pullman ..170% 169 % 170 171 Ry Stl Stiff 171 . . . 171 173 % West Airb 122% ... 122% 123 Wes Elec.. 73 % ... 73 % 73 % i Steels—[Bethlehem. 48% 47% 48 % 49 Colo Fuel.. 36 36 ' 36 36 Crucible ..78% 77% 80 % Gulf Stat.. 88% .... 88% 89. P R C & I. 42% 42 % 42% R I and S. 59% 59 39% Sloss-Shef .126% . ... 20% 126% Unit S 9. .134% 133% 134 134% Vanadium. 31 % ... 31 % 31 A Motors—lAm Bos. . . 31 % .... 30% 31 Chan Mot. 47% .... 47, 47% (Jen Mot. ..119% 117% 119 v* Mack Mot. 148% 146% 147, 148% Chrysler .. 52% 50-% 50% 32 % Hudson ...11:>% 112% 114% 115% Mart Par.. 20% .... 20% 20 Moon Mol. 33% .... 33 34,, Studebaker 67% 5 < o< %o 7 % Hupp .. . 26% . 20% 26% Stew-W ... 87% 86 % 8. % Tlmkea ... 54 ... 54 34 * Willys-Over 30% 29% 29% 31,; Pierce Ar. . *SO .... 3b ** * Minings— Dom M Gt Na Ore. 2U Int Niok.. 43% 43% 43% 43% T G and 5.122% 121% Am % 137% Anaconda. . 47% 40% 47 48H Keimecott"- l\\ 54% M 6*B smelt. 48% :::: V* CaP'petT ... 32 % 32 32 % M C Pete. 34 > 34 % 34% Houstoq O. 70% .... '0 ‘l% Marl CHI... 57., •• • 56% 57^ ? P-A Pete. .69 % 68 % gs % P-A P/ B". 71% 69% 69% 71 Pac Oil 76% 70% 76% Phil Pete. . 44 % . . . 43 % 44 % Gen Pete.. 56 65% 63% 35* Pure 0U... 29% 2 S Royal Dut. 54% .„ • ■ 64 A 56% 8 Osof C. ..58 , 07% .'*B% 8, SOof Nj. 441 ]+ •• • • 44 44^ \ SincJair ... •• •• ??; rjo/J o c i?:;:: ”g% flk % Alfied U *Che*Hl7 115% 118 Adv Rum.. ... • Allia-Chalm. 94% 9- % „i'; * Amer Can .280 383 284% -85 AHALpf .. .go'* Amor Ice ..128% ... l-$ *r}' Amer Wool. 41% ■ • 41'a 40, Cent Leath ... -i-nr Coca Cola. 1?0% .•■ 100 a Comtoleum . 17% 17% 'lg Cont Can .-87 80% 85% 0 87% Dupont .. V Piayers .10 7% I'6 l‘7 Gen Asphalt 09 -j ••• OJ lilt Paper.. 58 ... 68 ;>9 . lot Hurv .128% ... 138 % 1-9 May Stores 127 ... 126% “ig,. Mont Ward < ... ‘6% ‘1 ■> Natl Lead 168 ••• 168 1,1 Owen Dottle 64 • t ... 63 % b J ‘•i Radio 44’i . . ,43 % 4 4 Scars Koeb 228 % 227 228 Vi 723% ffntd Drmr 156% ... 155% 15, U 9 In Ale 74 .. 73% <4 Wool worth 205% 204% 204* 1 .05% Utilities— A T and T 143 ... 142% 143 Con Gas .. 99 •- ... 98% 98 Col Gas ... 87% ... 87 % 87% Peoples Gr 117% ... 117% 118 Wn . Union 137% . ■ 137% 138% Shlppine— Am Int Cpil 45% 43% 45% 43% A 9 and C . Atlan Gulf. 65 ... 64 % 05 Int M M pf 40% 39% 40% 39% Untd Fruit . . -■ 241 >* Foods— Am Sustar. . 76 76 76 70 Am Bt Stiff. 32 ... 31% 32*1 Austin Nieh 26% . . . 26% 26* Corn Prod. 41% . 41% -11% Fleiachmann 53% 53 53% 53 % Cu-Am Suff 27 26% 27 27 Punt a Aleff . . ... -14% Ward Ball*:. 81 80 80% 81 Jewell Tea .28 ... 78 78 % Tobaccos—* Am Sumat. 12' j ... .12% x!2% Amer Tob 116 ... 116 Gen tiffar . 114 '-j ... 111 >i 114 Tob Prod B 101% 99% 100 100 % Loriliard ... 37 ... 37 37% U C Stores 90 88 % 89 % 90% Schulte R S 134% ... 134% 135

OPENING GRAIN TRADE IS QUIET Wheat Undertone Continues Erratic. llu f lifted Prise CHICAGO, Jan. 15.—Opening trade was quiet with prills slightly lower at the opening of Board of Trade today. Easier cables were responsible for scattered selling in wheat. Coarse grains followed wheat. Wheat was without support when commission houses offeree grain hi the way of liquidation? Continuance of the erratic undertone is expected until the underlying strength in the domestic situation is fully realized. Sentiment in corn favored the sell ing side. Traders were convinced j the market will not .respond to higher price propaganda. Oats sold off with other grains. Steadiness’in provisions reflected firm hog markets. Chicago Grain Table —Jan. 15— WHEAT— prov. Hirii. Low. 1" :ot> o!oe. May t.? 6% 1.75 1.75 % 1.70'i. 'July 1.58% 1.51 % 1,51", 1.5" % t ' 145 1.44% 1.44% 1.45 May . .... .86% .§>% .85% .87 [July 89 .87% .87% ,89'-. I Sentevrbw-.. 90 .88% .89 .90% May 45% .45%,- .45 % .4 sa. Julv 40’ * ;45 %■ .46 .40% R 1 E Mav l.iM* l.m 1.10% 1.11% July 1.09 1.08% 1.08% 1.00% LARD II I May 15.67 15.50 15 50 1,5.65 I July . .... 1.5.80 15.07 15.07 15.85 RIBS—- | May 16.60 10.43 10.40 16.50 ■■ In the Sugar Market (My Thomson L McKinnon) : NEW YORK. jan. 15.—in Ibis period : of uncertainty just precedinsr the peak production of the 1920 raw busur season I rumors ami denials of business done rather than any appreciable clianffc in quotations have absorbed interest in the si._t ! and futures markets. The weight of t | creased offerimes has kept Cuban raws down around 2 11-32 level. Some believe [ that all the availab’e sugar at this price : h n * been sold, but this is very doubtful. There is no promise now of any immediate chancre in the futures market, which is a dull affair. Local Wagon Wheat Uitl , ’Minpolie mills ana irrsin elevator* are payitiff $11.25 for No. 2 red wheat, in'--i (i, . ne,i merit* NEW COSMETIC FIRM Articles of incorporation for the Palmonia laboratories, BVs E. Washington St., were filed today at the Statehouse, capitalization being | given as SI,OOO. The firm will deal lin cpmetics. Incorporators are Frieda Arndt Piepenbrok, Louise Gebhanr Schaatz and William Schaatz. $25,000 TO LEGION LONDON Armistice day services, the Begum of Bhopal has sent her check for $25,000 to the British Legion appeal fund. Her two small granddaughters also assisted the fund by selling poppies In the streets.

THE INDIANAPOLIS TIMES

Top Pr : ce of sl3 Established , —Cattle Steady—Lambs Drop. —Ho* Prices Day by Dnv— Jan. Built. Top. Receipts. 9. 11.75® 17.85 17.85 5.500 11. 11.50M12.H0 12.60 5.000 12. 11.75® 12.85 12.85 8,000 13. 13.00© 13.00 1310 9,000 14. 11 86© 12.85 12.85 10.000 15. 12.00© 13.00 13.00 8.500 Orders boosted hog prices 15 cents higher on the Indianapoljs Livestock Exchange in early trading today. A top price of sl3 was paid for cholest lightweights. The market’s receipts were estimated to be 8,500. The bulk of sales was made at sl2 to sl3. Not a buyer reported a purchase at more than sl3, indicating uniformity. Heavyweight stock brought from sl2 to $12.25; mediumweights were 25 cents higher. Cattle Steady Pigs brought sl3; smooth sows $10.50 to sll. and roughs. $0.75 to $10.50. Stags sold at $8 to $lO. The cattle mart was steady with steers selling on a price range of $6 to $11.50. Heifers brought from $5 to $10.50 and cows, $3 to $10.50 and cows, $3 to $7.75. Receipts were 1,000. Calves Strong Lambs dropped 25 cents, but sheep remained steady. The best price paid for lambs was $15.50, and the top sheep price was SB. The calf market was strong. A top of sls, was established in firs*, sales. The bulk of sales was made right around this figure, low being $14.50. Receipts were 800. —Hon— Heavies $12.00® 13.25 Mediums 12.26©12.50 Liffht hoirs 13.00 Light lights 13.00 Pigs 13.00 Smooth sows j 10.50© 11 00 Rough sows 0.75© 10.50 Stags 8.00 10.00 —Cattle— Good to choice fat steers. . .$ o.oo© 11.50 Medium steers 4.00® 000 Choice heifers 5.00 ©10,50 Common to fat heifers .... 3.00® 5.00 Prime fat cows 4.00© 7.75 Calmer* and cutter cows . . 3.00© 4.50 Fancy veals . i . .$15.00 Good veal* 14.50© 15 00 Medium calves B.oo© 11.00 Common veals 5.00© 7.00 —Sheep and Lambs— Choice lambs St 5 00© 15 50 Ocod 10.00®),-LOO Good to choice sheep 5 00© 8 00 Fair to medium 3.50 4t 5.00 Other Live Stock CHICAGO. Cattle—Receipts. 4,000: demand for weight steers, especially better grades undependable, many louls taken off the market: lower grades steady with week s decline: demand apparently for kinds of value to wl at s9,on and below: sbe-sOft.-k steady to strong: lower gradeb active; others closed generally steady; most vealera to packers at $13.50© 14. Sheep—Receipts 16.000: market, slow: 12. sales tat lambs to pacaers to 25; around 25c lower; snippers taking few up to $16.6(1: some neld higher: yearling wethers sharing fat lamb decline: several loads. sl7© 13.10: fat sheep steady; aged wethers. $10.35: odd lot* fat ewes, $8.50© 9; teedmg tamos. 20000 lower: tew early side*. $1 t 10. Hogs—Receipts. 78 000: mark,*, generally u)c up, lights to to 15c op; killing pigs. 15 to 35c up: top. .sl3 (1.40 pounders); bulk, $11.70© 12.00: heavi-weighty. $11.75© 17.10; medium weights, 911.8041 12.o0: light,,,-tghu. 911.60© 12.85; light ilgnt. $i1.40©13: packing nows $9.85© 10.60; lut.*,-htei pigs. $12.75© 13.25. CINCINNATI. Jan. 15.—Cattle Receipts. 550; market steady; shipping steers rood to choice. $8.75© id. So. Calve*-—Market stcaoy: g:>od to cholie, sl3© 14.50. Horn—kceiptft. 4.500: market active, largely 25c higher; good to choice packers and butchers. $17.60© 13.7,1. Mifcp—Receipt-. 1.300: markot steady; good to choice. S©. Ltunbs— Market fcteady: good to choice 913© 16. DITTSBURAJH. Jan. 15 < ?'R^©! lght: , nl *rkot slow; choice. 510.2., © 10.oO: good, $..%)© JO-: lair. s7© 8.25: veal calves J1.i.50© 18. Sheep and I ;unl>s—Rcvcipta, 4 double deckers; mar ket slow • prime wether*. slo® 10 .(>; good. $9.2©4*9.75: fair mix'd. $7 4i 8: lambs. sl4© 16. lluct>— doulbe it ckf-rs; market; steady: prime heavy $l *.7.‘>4i 17 .6): tmiiiunis $12.90© 1R:, heavv Yorker*. 913© 1..1n; ight 3 orkiirs. 8..3’.10© 13.15: pig*. $13.10© U-!_L). rough*. so.so ft 10*0. stags, $0 CLEVELAND, Jan. 15.——>Iots—Receipts. 3.1,00: market, steady: Yorker*. $12..,0©13: mixed $13.50 4l 12. ~-1 medium*. $17.25: nig* sls: roug,m. $9.5d: fttag*. $6.50. Cattle—Receipts. 300; market steady: goo<l to choteo hulls. $6 4, ~50: good to ehoice steers, 98 4(10: good to choice heifer*. >H*iH.ati: goml to choice cows. $5.50© 6.50; fair to good cow*. s*© ..su: cuuimoti cows. s34i -1. milchers. $504,. SIOO. Sheep and limbsKeceipts, l.OeiO: tnaniet. steady: top. sl6. Calves—Kreeipts. 300; market, steady: ion. $ 15.50. EAST BUFFALO. Jau. 15.—Cittle— Ib-i-oipts, 250; market. active, strong: shipping steers. $9.50©r11.50: butcher e.Vudes. $6..,d4(9.00; cow* s34i /..,0. Calves—Recipta. 1,000: market, j -tire 50c higher: <-utt to choice. 94 ©lB. Sheep and ,ainbs—Rev lot*. i 910(10. mai-K, 1, wow-, otic lower: choice lambs. sl3© 15.',5- cud to tair. $10415; year.ing*. $94(13: bhecp $1.60© lo.ot). limp. ceipts. 8.000; market, s ow. 10© 25c lower: yorkers. sl2 75© 12 85: nigs. sl2 75 ©l3: mixed. $12.50© 12.75; heavies. •’1.50© 12.35: roughs. $9.25© 10; stags. C3.50© 8. TOLEDb. Jan. 15.—Hogn—Re,-cints. 800. maiki-t. steady: heavies. SIV .7,, © 12; mediums, sl2© 12.25: yorkers, $12.504i 13; good pigs. 912.754i 13. Calves —Market, steady. Sheep and lambs— Mi-rket. slow and lower.

PLANS WILL BE GIVEN / State Chamber Board to of Indiana Development Campaign. Plan 9 and policies for the campaign to boost Indiana through extensive advertising were to be submitted to the governing board of the Indiana State Chamber of Commerce this afternoon by the Indiana Development Council. The Development Council met this morning. The State -Chamber board, headed by J. E. Frederick. Kokomo, Chamber president, is holding its regular mid-winter meeting. There are thirty-one members of the Development Council. GOOD NEWS FOR S. A. T. C. Although the S. A. T. C. boys jnissed the baptism of fire during the World War, they are entitled to free hunting and fishing permits, Attorney General Arthur L. Gifitom held today in an opinion submitted to George N. Mannfeld, superintendent of the llsh and game division of the State conservation department. Men now in service are not entitled to the certificates, Gilliom said, but discharged peace-time soldiers, sailors and marines may obtain them Widows and children of exservice men do not com® within the immunity of the law, he said. MOP FIRM INCORPORATES Incorporation papers for the Shopshiner company, Indianapolis, ..were filed today with the secretary of State giving capital stock as SI,OOO. Incorporators are Frank R. Long, Nat B. Jsy and Irvin Morris. , They will manufacture brooms and mops. SHIPPERS’ FORECAST North and East. 20 to 30; West and South, 25 to 35.

COURTHOUSE PLANS SEEN Commissioners Confer With Architect. Behind locked doors the three Marion County commissioners and Robert Frost Daggett, architect, today surveyed plans for the proposed remodeling and repairing of the Courthouse. Last spring th^ - county council appropriated $2,500 for an architect's services in submitting such plans. V The commissioners would not comment on whether they wtre favorable to Daggett’s recommendations. “Just a meeting to see what Mr. Daggett had to propose and no action was taken,” said Commissioner Charles O. Sutton, board president. Sutton said another meeting will be called within a few days when Leonard „V. Harrison, chairman Chamber of Commerce civic affairs committee, will be invited to submit his plans for anew Courthouse.

‘TRUST ACTION CALLED UNIQUE Official Testifies About Aluminum Data. Bu United Press WASHINGTON, Jan. 13.—Special Assistant Attorney General John L. Lott told the Senate Judiciary Committee investigating the “aluminum trust” today that he had never received any memorandum in any other case similar to the one sent him by Attorney General Sargent ordering that all developments conthe Mellon-owned Aluminum Company of America be transmitted to the attorney general personally. “There may have been similar memorandums," Lott added, “but they did not come to my attention.” "Do you know how the attorney general came to send such an order?” Senator Walsh, Montana, Democrat, Investiga or, asked. “No, sir. It was sent to my superior, Assistant Attorney General Donovan, transmitted it to me.” HYDROPHOBIA TREATED Fifty Nix Cases Rejiorted to State Board. Fifty-six persons were treaetd for hydrophobia at the laboratories of the State board of health between Sept. T. 1925, and Dec. 31, Dr. William F. King, secretary, reported today. Not a single case originated north of Marion Countp, Dr. King said. Wide prevalence of the disease caused funds to become practlcallp exhausted. Measles remained at the top of contagious diseases last week, 202 cases being reported, according to the board's weekly morbidity report. Other communicable diseases reported: Scarlet fever, 188 cases; chiekenpox, 97; smallpox. 70; diphtheria, 58; influenza, 83, and whoopingcough, 46. LEGION SETS DATES National Convention to Be Oct. 11-13, in Philadelphia, The national convention of the American Legion will be held Oct. 11 to 15, it was annomiced today dates being fixed by the national executive committee on recommendation of a committee representing Philadelphia, the convention city. Major national committee appointments were made and a number of Indiana legionnaires received places. Oscar Ahlgren was placed on the legislative committee; Mrs. Hazel Workman on the rehibiliation committee advisory board; Dr. C. E. Bird on the rehabilitation committee for the area including Indiana, and Bowman Elder on the distinguished guest committee.

Attention Housewives! Simplify Your Work in the Kitchen Handy Recipe Box (Complete With Index \ Hinged Cover and 50 Blank Card. | J Fit. Snu^lyJ •s UDr "B; I HpiMi 1 c p‘ *g*jg- IBIj!||Bp br This recipe*bux is of convenient size, 3%xsVix4, of highly finished, first quality oak, and contains ’ 1 '"lilP Finished in index for the following classifications of recipes: |^dGluedtoPlace j 11 Golden Oak Every Day in The Times Well-selected recipes appear daily in The Times—a practical combination that the housewife can use to advantage in the selection of menus and preparation of meals. ' The Indianapolis Times Times Square—2l4-220 West Maryland Street

SCHOOL n 7; UAM _ O The Quaker who iouiidXjL Ej IjJL kD e< l Pennsylvania. ' Copyright. Compton'* Pictured Encyclopedia Feature Serrlc* '

EHE despised and persecuted sect of Quakers were greatly elated when William Penn, the talented young son of Admiral Penn, became an open convert to their religious views, taking so prominent a part in their demonstrations that he was expelled from Oxford, where he was then a student. At first the admiral stormed at his non, for King Charles II was about to raise the cider Penn to the peerage, but drew back when he heard that the son had become a Quaker. The father’s anger, however, was short-lived; he soon forgave him and the rich and highly placed William Penn, became the most'prominent Quaker In England. Likewise, William Penn became the most famous of all the colonybuilders of America. His province of Pennsylvania (or “Penn’s Forestland”) was a princely domain ot 40,000 square miles, which the king granted to him in 1680, In payment of a debt owed by the Crown to Admiral Penn, and which William had now inherited through the death of his father. William Penn had frequently suffered persecution and Imprisonment for his religion in England. Neither could he nor his fellow-sufferers find a place of refuge in any of the established colonies of America, for'the Quakers were regarded as undesirable citizens. It was, therefore, to found a haven for people of all creeds or of no creed that Penn in 1680 sent put the first settlers to his colony of Pennsylvania.

People Rule Although the power to make laws, establish courts and otherwise regulate the affairs of the colony was conferred upon Penn by the king, he established a popular government, giving to the people the right to elect an assembly which should make their own laws. Penn’s most conspicuous success was in his dealings with the Indians. The story of his famous treaty .with them, made under a great elm tree on the banks of the Delaware River, is known to all. By this treaty he purchased from the red men the land included within his grant, and they agreed to “live in love with William Penn and his children as long as the sun and moon give light.” Although there were no written words, his sacred treaty was kept unbroken until long after those who made it had passed away, and Pennsylvania was fre.ed from the danger of Indian wars which beset less just and less fortunate commonwealths. Penn had established a home in Philadelphia, the capital of his colony, and there he would gladly have spent the remainder of his life: but after two years in the colony he was called back to England by bnsiness and was detained there for fifteen years. Arrested for Treason After the revolution of 1688, which had brought William and Mary to the throne of England and Scotland, Penn was suspected of giving aid and comfort to the dethroned James 11, and wa3 once arrested for treason. In 16£<2 he was deprived of his colony, but two'years later, the charges against him having been dismissed, he regained Pennsylvania-. In 1699 he revisited his province. Vast changes had taken place during his absence. Twenty thousand peoptc now inhabited the province. Many of them knew nothing of William Penn except that he owned their colony and possessed rights which they wished to exercise. They demanded an even more Democratic Government than Penn had given them beforfe. He granted their request, and the charter which he conferred upon them in 1,700 remained ,’n force for seventy-five years—until the War of Independence. In 1701 Penn bade farew’ell to Pennsylvania and sailed again for his native land. His was a sad homecoming for on reaching England he found that he had been robbed of the remainder of his fortune by a dishonest steward, and

William Penn

to avoid further distortions he allowed himself to be thrown into prison for debt. He was finally released by his friends, but not until his health was permanently imperiled. The remainder pf his life was troubled by quarrels with Lord Baltimore, the proprietor of Maryland, by disagreements with th< people of his province and by the dissipations of one of his sons. He was making arrangements to surrender his colony to the Crown whep he was stricken with paralysis; and so Pennsylvania became the property of his descendants. Their rights, except to private estates, werg sold to the Commonwealth of Pennsylvania during the Revolutionary period. William Penn was the author of a number of works, among whiah the chief were: “No Cross, No Crown,” a work of Christian piety: "The Great Case of Liberty of Conscience,” an able defense of religious toleration, and “The Present and Future Peace of Europe,” a work which may be said to have foreshadowed the Hague Tribunal and the League of Nations. His “Fruits Os Solitude.” a treasury of .vise maxims on life and conduct, is still widely popular.

CITY MOVES FORTUNE Citizens were unaware that $1,500,000 In contractor’s bonds were recently carried through Indianapolis streets. Board of wogks today ananounced the bonds were considered unsafe In the safe at city controller's office and were removed to a safety vault in a local bank. Four detectives guarded the valuables. "We wanted to take every precaution agajnst yeggmen,” said Lem IT. Trotter, hoard member. Births Girl* Irvin ami Ellen Kinsr. 1518 Howurfi. H'.mer and Edna Spark*. 1830 Arrow. Hubert and Nellie Wrtffht. 2001 Columbia . Miles and Anna. Peters. "203 N. Hovey, Thom a* and Bertha Cleveland. 2573 Baltimore. Albert and Jennie Welch, 924 W. Twen-ty-Fourth. George and Ruth Sehneidler. 1342 Linden. James and Gladys Rose, 447 N. Bosart. George ant Katherine Strols, 913 8. Canltol. Lewis anl Eva Moffett. 45 S. RuraJ. Roys Steven and Etta B'gek. 2740 N. James. Harry and Maud Myatt. 418 W. Thlrtefnlh. Lester and F,mi'v Clark, 647% Virginia. Che'-’-r and Norman Green, 714 W. Eleventh. >*n."c and Geneva Lucas. 2120 S. New. Wlilia-m and Frande Lockett. 2402 N Rural. 1 John and Esther Smith. 945 9. Canitol. Robert and Elizabeth O’Brien, 324 S. Emerson. Ernest and Etta Liford. 117 Concordia. Deaths TU-nrv C. Myers, 60. 14 VV. Thirty-Fifth, meningitis. Margaret, Mohsv. 1. 729 N. Holmes, tu-ber-ulnr menlnritis. Caroline A. Nish. 03, 2T.28 E. Michigan, chronic myocarditis. William T. BaP.-nger. 00. 511 S. Alabama, arn'A dilataton of heart. Infant Epstein, b days, Methodist Hospital. toxemia. Maa-tha J. McCormack.. 64, 2252 N. New Jersey, can-)noma. Maurice B. Shoup. 48, Central Indiana Hospital, paresis. Ge-irve A. Patterson. 7. 1333 Silver, diphtheria, Sarah E'iralveth st one. 70. Methodist Hospita’. broneho pneumonia. Frances EMzn.Heth Br-y. 60. 683 N. Be'mcct. lo v ar nnenmouin. William H Welty. 57. Christian Hosnit*' enc"ph.i'itis. John C. Tate. 59. Central Indiana Hospit*L .srebral hemorrhage. -

PAGE 27

DECISION ON 10 ‘STOP AND GO’ GASES DELAYED Ruling Is Withheld by Judge White Until Feb. 24Law Investigated. Cases of ten motorists charged with violating “stop and go’’ signs, arrested in a police drive on persons ignoring the electric “cops,” were continued by Municipal Judge Dan V. White today until Feb. 24. White refused to give a decision until after investigation of the city ordinance to determine whether the law aplies to tne electric signs. “These provisions shally apply to automatic traffic signals wherever the same are in operation,” accord ing to section 11 of the city traffic code effective Nov. 1, 1924, whicYi deals with “officers signals.” Seven motorists including three women, were arfested Thursday night. Police started a drive Wednesday on motorists disobeying “stop and go” signs. Eight were sluteJ on speeding charges. Floyd Stein, 27. of 1736 Bpanu Ave., and "Ralph Martin, 30, of 336 S. Rural St., were slated /on speeding charges this morning. Traffic Inspector Walter White is investigating the city traffic code to see if it covers silent police signals. Judge Paul Wetter suspended fines of several motorists Thursday, because he did not know whether the law covered the electric traffic signs. White asked an opinion from John K. Ruchelshaus, city attorney. If there Is a flaw, city council will bo asked to change the ordinance. Those slated: H. F. Watkins, 47. of 4258 N. Capitol Ave.: Raymond Nichols, 23, of 2162 N. Talbott Ave.; Thomas A. Stroup, 35, 215 W. Thirty-Eighth St.; E. 8. Cruse, 30, of 2941 Washington Blvd.; Mrs. Mabel Dobbins. 33, of 1042 Chadwick St.; Mrs. George Carlon, 42, of 977 East ir., Woodruff Place, and Mrs. Mary Insley, 50, of 445 N. Audubon Road. Those charged with speeding are; Frank Sargent, 18, of 4225 Rookwood Ave.; James Eiden, 24, Negro, 503 Indiana Ave.; Azel Williams, 27, of 3015 Kenwood Ave.; James Hand, 27, of 34J9 Salem St.; Arthur Montjoy, 24. of 203 Good St.; Rufus Scott, 24, of Noblesvillc, Ind. FIRE AT FIREMAN'S HOME Captain, However, Did Not Get to Make Run to His Residence. Fire of unknown origin did S2OO damage today to the home of Capl. William Speiglemeyer, captain of \Fire Gompany 18. Speiglemeyer, however, did not get to make the run. Another company answered the alarm. Compton’s Pictured Encyclopedia Let us show it to you in your home. L. S. AYRES & COMPANY State Agents