Indianapolis Times, Volume 37, Number 238, Indianapolis, Marion County, 4 February 1926 — Page 13

FEB. 4, 1926

LIGHT HOGS HOLD MARKET STEADY

$14.25 Top Price Remains fc Unchanged at Local Yards. t ♦ —Ho* I’riee* Day by Day—jlan. Bulk. Ton. Receipts. ■’2B. 12.50® J 3.50 13.50 4,000 23. 12.60 013.60 13.60 1.000 30. [email protected] 13.80 5,000 Feb. 1 13.00 @14.00 14.00 5,000 2 12.80(0 13.80 14.00 7.000 3. 13.004(14.00 14.35 7,000 4. 13.05 @ 11.15 14.25 1.000 Light hos;s held the Indianapdlis Live Stock Exchange ' market at steady today. The increasing heavy demand in view of the light receipts resulted in this class of porkers demanding the top price of $14.25. Todays receipts were estimated at 4,000, and the demand could have taken care of that many more easily. Light hogs were extremely light on the market, hardly enough supply, to take care of the packers. Pigs were also in demand and drew the top price. Bulk hogs sold over a range of [email protected]. Hog Price Scale There was little change in the .scale today: Mediums sold at sl3® 13.85; lights ranged at $14.05 to $13.25; heavys were $12.75 @ 13.30; smooth packing sows brought $13.75 @l2 and roughs [email protected]. Stags remained at sß@ll. Cattle receipts were 700 and the market stayed steady, as the demand was in sympathy with the receipts. The steer range continued at [email protected], ■heifers were ss@lo and cows $3 P>7.50. Calves Are Steady Calves were steady and grew strong as trade progressed during the day. No sales were recorded over $15.50, however, and this was established as top price for the day. Bulk of sales were made at $14.50® J 5. Sheep and lambs were also steady to strong. Receipts totaled 200. Native Westerns sold at sl4® 14.50, while western:) were $13.50® 14. Sheep brought s3@B. —Hora— — Heavies Mediums . Y'nl: P Light hogs 14.00&>14.30 Light lights 14 25 Piers 14.2 y Smooth sows 11-TStvf XC.OO Rough sows i l oo Stags 8.00 @ll.OO — l -C alt! 6—*” Good to choice fat Bteer. . slo.oo® 10.50 Medium and *ood steers... 7.00 & 10.50 Common steers [email protected] Choice heifers [email protected] Common to fat heifers .. . 3.00 0 0.00 Prime fat cows 3.00 0 7.25 Canners and cutter cows... 3.090 7.26 —Calves— Best veals . . sls 00 , Bulk of sales ! 14.50 0/5 00 Common calves 7.00® 0.00 —blieep and Lambs Choice western lambs $14.50® 15.50 Choice native lambs 13.50014.50 Good to choice sheen 3.00 mj 8.00 Fair to mediums 4.000 5.00

Other Live Stock CHICAGO. Fab. 4.—Cattle—Receipts. 10.000 market, fed steers very slow except for few loads specials in both heavy and light classes' others weak. 25c lower: shippers bought choice long yearlings. $11.65: best heavies $11.2.,: most led suers. $10.25 and below: moderate sup ply heavies offered: she-stock 15®35c lower: other classes steady: most vealers to packers. SI 1 .50® 12.60: outsiders. 513.500.14. Sheep—Receipts. 12.000 market, active: fat lambs strong to 25c up: bulk to shippers and traders. $14.7 • @ 15: one deck. $15.25: early galea to packers mostly $14.75: feeding ItunOiPfiUiy steady: several loads. $14.60(1(14.75; la sheep steady; choice lightweights up to $0,40. Hogs—Receipts 33.000: market, medium and heavyweight steers steady to strong, lightweights 10 <a> 20c up; top. $13.60: bulk. '513.40013.40: heavyweights, $12.35(7112.90: mediumwelghts. $12.50*13.30: lightweights. $12.35® 13.60; light, lights $12.25 <n 13.60 : packing sows. sll ® 11.60: slaughter pigs, $13.25® 13.75 CINCINNATI. Feb. 4.—Cattle —Receipts. 500: market steady: shipping steers, good to choice. *8.50 010. Calves—Market steady: good to choice. $l3O 14.50. Bogs —Receipts, 500: market steady; good to choice packers ar-d butchers. $13.66(0 13.85. Sheep—Receipts. 100; market steady, good to choice. s6® 8. Lambs— Market slow and steady to 00e lower: goon to choice. sl4 015. E.iST ST. LOUIS. Feb. 4. —Cittle—Reeeipts, 1,500: market, steady: native •leers. $8.25(1 9: yearling liciuth. $7.60(1 8.50: cows. $5.25(1 6.25: canners and cutters. $3.50(5.4.50: calves. *14.75: stuckera and feeders. $6.60® 7.75 Hogs—Re eeipts. 7.600: market, steady to strong: heavies. $12.75 (a. 13.25: mediums. sl3® 13.80: light. $13.26 013.00: light lights. $13,40 0 13 no. packing - pigs. $12.75013.90: bulk. $13013.75. Sheep—Reccips. 1.000: market. steady; ewes. $7.5000: eftnners and cutters. $2 0 5.25: woolrd lambs. $13014.75. CLEVELAND, Feb. 4.—Hogs—Receipts, 2.50: market slow: Yorkers. $13.85: mixed. $13.85: mediums. $13.50: pigs. sl4; roughs. $10: stags. $7. Cattle—Receipts. 400: market steady, good to choice bulls. $6 0 7.50: good to choice stecis, $8 @9: good to choice heifers. SBO 0.50; good to choice cows, $5>[email protected]: fair to good cows. $405: common cows. $304 tnllchers, 550 0100. Sheep and lambs— Receipts. 1.000: market, slow: top. $15.25. Oakes—Receipts. 400; market steady; top. EAST BUFFALO. Feb. 4.—-Cattle—Re-ceipts. 275: market, slow, steady: shipping Steers. $9 @11: butcher grades. $5.75 @9; cows. $206.75. Calves—Receipts, 500: market, slow, off 50e: cull to choice. $3.50 010. Sheep and lambs—Receipts. 2.000: market, slow 50c lower: choice lambs. 514 015: cull to fair 59 015: yearling, $9013.50; sheep. 54011. Hogs —Receipts. 4,000: market, slow, 15 to 25c off; yorkers, $13.90 014.10: pigs. *14.10: mixed, $13.50013.75- heavy. $12,750 , 13.25: roughs, $10010.75: stags. S6O 1 6.50. I PITTSBURGH. Feb. 4.—Cattle Rer eeipts light: market steady; choice. $10.25 @10,50: good, $9.26010: fair. [email protected]: veal calves. sl6 @ 16.50. Sheep and lambs —Receipts. 6 double-deckle market steady: prime wethers. 510010.50; good, $9,250 9.76: fair mixed. $708: Tamhs, $l3O 15.25. Hogs—Receipts, 12 double-decks: market higher: prime heavy, sl3 500 13.75: mediums. $14.25014.35: heavy Yorkers, 314.25014.35: light Yorkera, $14.36014.40; pigs. $1.4.35014.40: roughs. $lO 60012: stags. $6.6007.50. i I? LEDO ; . *f'P- , 4 - —Hogs—Receipts. 1.000; market. 25e lower- heavies, $12.75 ® IS: mediums. [email protected] Yorkers.. sl4 @14.26: good Digs, $14.25014.50. Calves—Market. lower. Sheep and lambs —Market, slow.

In the Sugar Market

(By Thomson & McKinnon) A small volume of business and little news to influence the markets characterize the sugar situation for the moment. However, in face of a lessened demand the price of spot raw sugar has displayed a firm undertone. Refiners have evidently filled their requirements for the time being while on the other. hand Cuban producers have disposed of enough raw sugar recently to strengthen their position. Willet & Gray raport that receipts at Atlantic ports have increased heavily in the paßt week. Those who take a favorable view of the markets continue to base their operations on what they regard as reasonable prices for raw sugar. Wholesale Meat Price§ Beef—Native steers. 600 to 800 lbs., 18®30c: fores under carcass. 2c: hinds, over carcass. 4c: native heifers. 300 to 360 lbs. 17 ® 20c: fores under carcass. 2c: hinds over carcass, 3c: native cows. 400 to 700 lbs.. IS’A 013 V4c: fores under carcass, lc: hinds over carcass, 2c. Pork —Dressed hogs, 140 to 200 lbs., 26® 20 *4 c: regular picnic hams. 4 to 14 lbs., 17 '4® 1941 c: fresh tenderloins. 46c. Veal —Carcasses. 70® 200 lbs.. 20(4 024 He htuds and saddles over carcass. 8c: fores under carcass. 6c. Mutton—Spring lambs. 2 610 40 lbs., 20c. * Local Wagon Wheat indtansnolis mill* *no grain elevator* are paying $1.86 for No. 2 red wheat Other eraoe* on tneir merits Local Bank Clearings Indianapolis bank clearings for today amounted to $3,371,000. Bank debits totaled $6,314,000. SHIPPERS’ FORECAST Nerthweat, north and east, 20 to 25; south end west, 25 to 30.

New York Stocks Bv t'horripoi A McKinmin

All Quotations New fork Time —Feb. 4 Railroads— . IJJJT.High. Low. 1:00. close. Atchison ..132% 131% 131% Atl Cst L • 243 Vi B & O ... 91 % ... 90 % ?1 Canad Pac 158% 157 157 l;j0 C & O ...120% 120 120 Vi 120% C & NW.. 74 ... /74 74 CRI& P. 53 ... 62 A Ojfr Del & Hud 156 Vi ... Del & Lac 148% ... 148% 11*% Erie 36 U ... 3, Bale Ist old 42% ... 42% 4 ? % Gt North of 75% ... 7 6 <s*j la-high Val . . ... Bg% L & N • - -135 Vi 130 136 % 135 Mo Pae pfd Bf\ 85% 8 N Y Cent.. 139T4 ... 12 , 1~ % NY NH Sc H 42% . . • 42 % 42 % North Pae. U 72% 72% 72% Nor & Wll lol’/i 160% 151% 151 Here Marq. .. . .... ••• , Penns.v . . . 52 % 62 % 52 % a- % Reading ... 87 86% .87 87 So Railway 116% 116 116% 116% Sou Pacific 102% ... 102% 102 St Paul ... 13% ... 13% 13H St Paul pill 19% ... 19% 19% St L & SW 68% 68% 68 % 68% St L S F 97% ... 97% 97% Union Pac 149% ... 148 % 149% Wabash ... 49% ... 49% 60 Wabash pfd 76% 76% 70% 70 Ruhhtrs— Fisk Rubber 24% 24% 24% 24% Goodrich R 70% 69 % 09% 70 Goodyr pfd ... ... ... 104% Kelly Spgftd 19% 18% 19/4 19 U S Rubber 84% ... 83% 83% Equipments.— A C and F 110% ... 110% 110 Am Stl Fdy 16 ... 46% 40% Airier Loco 114% ... 114% 114% Bald Loco 127% ... 127% 128 Gen Elec . .343% 341% 343 341 % Lima Loco. 06% ... 66% 65% I’r Stl Car 70% ... 70% 71 Pullman ..169 .... 169 168% R.v Stl Spg 55 % ... 55 Vi 56 % Westh Abk 121% Westh Elec 74% 73 74% 73 Steels— Bethlehem . 47% 47% 47% 47% Colorado F . . . ... ... 35 % Crucible . . 79 % ... 78 % 79 % Gulf States 88% ... 87% '87% P R C & 1.. 43% 43Vi 43% 44 Rep I & S 57 % ... 57 % 57 % Sloss-Sheff. 129% 126% 129% 126% U S Steel 133% 133 133% 133% Vanadium.. 31% ... >31% 31% Motors— Am Bosch,. 29% ... 29% 29% Chandler M. 45% ... 46% 46 Gen Mot.. 130% 129% 130% 128% Mack Mot 147% 146% 147 145% Martin Par ... ... ... 21 % Chrysler... 50% 49 % 50% 49% Hudson .. 115% 112'- 115% 112 Moon Mot. 34 % 34% 34% 04 Studebaker. 59 % 58% 59 58% Hupp 26% 26 26% 25% Stewart W.. 84% 84 84% 84% Timken .. 55 64 % 65 54% Wlllys-Over. 32% 31% 32% 31% Plerce-Arr.. 39% 38% 39 Vi 38% Winnings— Dome Min. 17% ... 17*'* 17% Gt No Ore 26 % ... 26 26 lot Nickel. 45% 44% 44% 44% Tex G& 8 134% 133% 134 134% Coppers— Am Smelt 141% 141 141 141 Anaconda... 49% 49% 49% 49 Inspiration. 25% 25 25% 24% Kennecott... 67 50% 67 65% Ray 12 11% 12 11% U S Smelt. 47% 47% 47% 47

Produce Markets

Eggs—Strictly fresh delivered at Indianapolis. 27 0 28c. Butter (wnolesa.le price*)—Creamery best grade, a pound. 40 0 48c: buying ortce for packing stock. 24c. Poultry—Hens, 26c: Leghorn*. 20® 22c: springers, 25 0.20 c: Leghorns ana blacks. 20022 c: yonng turkeys 35c-' old turkeys. 28c; guineas. 35c. Cheese (wholesale buying prices)—'Wia consin daisies. 26c Longhorns. 26 0 27c. limburger. 27 0 28c: New York cream. 30 @3lc. CHICAGO. Feb. 4.—Butter—Receipts. 2.461; creamery, 44c: standards, 46 %e: fr*e. 41%@42%c; seconds. 39041 c. t• s—Receipts. 7.747: ordinaries. 28 %c: fl;/s. 30%c. Cheese—Twins. 24 %c; America*, 20%c. Poultry—Receipts. 3 cars fowls. 27 029 c. springs. 31c; ducks. 30032 c; geese. 3Dc: turkeys. 30035 c. roosters. 20c. Potatoes—Receipts. 237 cars Quotations: Wisconsin round white*. $3.8504: Minnesota round whites. $3.70 @3.90: Idaho russet* $3.9004.15. CLEVELAND. Feb. 4— Potatoes—Ohio s2(ft 2.75 per bushel; Idaho bakers. $4 50 @5.50 per 100-pound sack Poultry— Heavy express fowls, 30 0 32c; Leghorns. 25c: springers. 30 0 32c; cocks. 16017 c. Butter—Extra in tubs. 49%@60c: extras. 45c: firsts. 44 %c: packing stock. 32c. Eggs—Northern Ohio extras.‘37 %e; extra firsts, 34 %: Ohio firsts, 32 %c; western firsts, 31 Vic. NEW YORK. ~Feb 4.—Flour—(Jhlet. steady. Pork—Dull; mess, $36.50. Lkrd —Easy: middle-west, $15.40016.50. Sugar —Easy: 96 test. 4.24 0 4 2Pev refined, dull; granulated. 505.50. Coffee—Rio No. 7. 18% 019 c; Santos No. 4. 240 24 %:. Tallow—Easy to extras, 9 % <39%c. Hay—FiriWer: No. 1 '51.40: No. 3, §1.1501.25: clover, $1.060140. Dressed poultry—Steady: turkeys. 30® 58c: chickens. 32@49c: canons. 30056 c; fowls, 18034 c; ducks. 25035 c: Long Islands, 34035 c. Live poultry—Firm: gees*. 15 031 c: ducks. 17 0 34c: fowls. 30 (5 34c: turke--*, 40(®45i rooster*. 21c: broiler*. 45® 50c. Cleese—Market, easy state milk, common to special, 27% I'd 29c: young America*. 26®20%e. Butter —Firmer: receipts, 11.375; creamery extras, 47%c: special market. 48@48%0. Eggs—Weaker; receipt*. 15.919; nearby whtie fancy, 39 0 40c: nearby state white, 34®38c: fresh firsts. 81 031 %c; Pacific coast first to extras. 35040 c; western whites. 35 038 c.

Commission Row

Prices to Retailer* Pratts Apples—Jonathan. 40- pound oassei $1.7.)t02; Grimes Golden. 40-pound bs net, $1.75442; Delicious 40-pound basket $2.75; W. Banana*. 40-pound basast t 1.76; King Davids. 40-pound basket 1.56: Baldwins $1.75® 2 Stay men Wine sap. box. $3. Bananas—Sc a pound. Coeoanute—Jamaica $5.6006 for 100 Cranberries Box 60-pound SIOO 10.50 Grapferult—Florida. $3.60® 6. Grapes—Emperior. lugs. $3 50 0 8.76. Kumquats—Fla., at 20®25c. Lemons—California box. $4.5006 Limes—sl.6oSi 2 a hundred. Oranges —■. California Navels $4,25 0 5: Florida. $3.5004.75. Bears—D Anfou box $8 0 6.26, Pineapples—Cuban, crt.. $4.2504.75 ftrawberries —Florida. qt. v 80 0 90c angennes—Fla crt.. $4 26 04.60 Vegetables Artichokes—Fey California $1,600 t. 76 dozen. Beets—H G*. bu.. #1: Southern, bn. 81 Brussels Snrouts, — Fey California pound. 26030 c. Cabbage—Danish. SOO ton. , Carrotts—H ri bu. $1.2501.60: Tex a, ou.. $1.0001.86 Cauliflower —Colorado, crt.. $2.26021*0. Celery—California, crt. $7.6008: Mien gau. crt.. $1.7502. Cucumbers—H Q dps. $404.26 Eggplant—Florida, dos. $202.26 Garlic—Fey California. 16c lb. Kale—Eastern bbl.. $1.7602.26 Lettuce—Western Iceberg crate, s3® 4: H G leaf 15-pound basket. $1,660 l .85. Mangoes—Florida trunk. $8.60 09. Musiirooms —Fey. 3-nound basket $1.25® 1.60 Onions—Spanish, crt., $1.66 01.75' H G„ red and yellow. 100-oound bag. $2,760 3: southern shallots, bbl.. $10.50011. Parsley—Fc ii G do* 40046 c Peas—California crt.. $8.50 0 9 Potatoes—Michigan white 150-lb sack $0.5006.75: Idaho per cwt u $4.7505Ohio. 120 lb. sack. $5.5006.75 Radishes—Dozen 60c Rhubarb—ll. G. bunch. 50 0 76c. Rutabagas—Fey. $1.6001.76 cwt Spinach—Texas, bu., $1.60. Squash—Huhhard bbl $2.2602.60. Sweet Potatoes—Jersey, bu., $2 03.26 Tomatoes—Crt.. six-bnßket. $8.75 08. Tumi ns—New H O $1 .'if* Tangerine*—s4 50 0 7.50 crt Births Boys William and Birdie West. 1315 Lee. Roy and Grace Miller. 253 Detroit William and Sklina Murphy.. 1932 Boulevard PI. John and Hattie Morgan. 2946 Baltimore. John and Bonnie Smith. 288 H Virginia James and Belle Evans. 736 S. Mount. Forest and Sarah Muse. 1913 W. Morris Girls Paul and Minnie Tieruey. 1324 W Thirtieth. Frank and Cora Lingle. 1744 Hall PI. Daniel and Irene Skaggs. 829 S. Tremoot. Clamece and Daisy Nungester. 2926 W Tenth. Thomas and Irene Varvol, 1205 W. New Fork. Deaths Katie O'Connor. 04. 438 Oakland, carcinoma. , Audrey Heaton, 5. Riley Hospital, pulif.onary embolism. Frank C. Mercer. 51. 23 Whittier PI lobar pneumonia. Frank F. Kimberly. 67. 3019 Ruckle arteriosclerosis. John Burroughs. 52. city hospital, myo Andrew Smith. 81. -\22 Blake, acute myocarditis. William Bumpfe. 90. 1215 N. Alabama, angina pectoris. ~Tpuisa Lockabaugh. , 220 W. TwentyFirst. chronic interstitial nephritis.

Oils— Cal Petrol. 34 ... 33% 33% Mid-Con P 30% ... 36 36 Houston O . . . ... ... 68% tod 0i1... 31% ... 31% 31% Marland Oil 58% 68% 68% .->9% P-Am Pete. 70 ... 70 <0 P-A P IB) 72% 71% 72 71% Pacific Oil.. 80% 80% 80% 80% SSfWJT:: tt& •* %• g* Pure Oil.. 30% ... 30% 30% Royal Dut 63% ... 53% 53% S Oil of Cal 69% 68% 59 ->8 % 5 0 of N J 45% 45 45% 4c % Sinclair .. 24 23% 23% 23% Texas Cos.. 53% ... 63 % 53 Industrials — Allied Ch.. 125% 123% 125% 124% Ad Rumely. 18 ... 18, 18 Allis-Chalra 92% 91% 91% ,81% Am Can... 295% 293% 294% 293 AH&Lp.. ••• ••• 60 Am Ice ..133% ... 133% 133 Am Woolen 39 ... 39. 38% Cent Loath 17% ... ,17% 17% Coca-Cola .159% 157, 159% 158 Congoleum. 21% 21% 21% -l % Con Cair . 88. 87% 88 87% Dunont ...233% 230% 233% -30, Fm Player 117% 116% 117-jSi 116% Gen Asphalt f-3% 68% 68 % % hit Harr' .130% 130 130% 130 May Stores 131 ... 130% J* Mont Ward. 70% 75 Vi 76 % 7a % Natl Lead. 169% ... 12??% 470 Owen Bottle 65 . . . 65 04 % Radio 44 % ... „44 „43 % fed 11 !?™ i|| ::: * 105% Woolwonh C °216% 209 % 210% 20*% Ctllltlr*— Am TANARUS& T 145% 145 145% 145 Con Gas . .190% ... 11??? J-a I®H Col Ga* ... 70% ... 70% 86 Peo Gas ..128 ... 1-8 lit *4 WMt ifn .140 146% 140 14n Shipping— Am Int Cr ... ... 44 ,, Am S A C 0% ... 6% 6% Atl Gulf.. 68% ... 67% 50% Int M M of 41% .. . 41 % 41 % United Frt 173% .172% 173% 1/0 Foods— Am Sugar . 82% 77% 80 77% Am Bt Sllg. 30 35*4 3b ;{•> Austin Nich 27% ... ~ .-?,, Corn Prod. 41% ... 41% 41% FleitHihmn. st> .... (*5% 60% Cu-Am Sub 30% 29% 30 29% Postum ..124 122% 123% 122% Jewell Tea 31% 30% 31% ‘-8% Ward Bak. 81 % ... 81 % 61 % Tobacco*— Am-Sumat ... ... ••• 6 T ANARUS&% at :^ 4 m ga; Lorillard .. 42 , ... 4 J V 4 J H Un Cig Str 86% ... 84% ,Bn% Schulte 137

GRAIN PRICES REACTLOWER Coarse Cereals Follow Wheat Down. Bu BniM Press CHICAGO, Feb. *4.— Grain futures reacted to lower levels- in opening business on the Chicago Board of Trade today. Although drops of 1 to 2% pence was registered in Liverpool and 2U to 3% cents lower in Buenos Aires, the local trade regard ed them as natural. Coarse grains went off fractionally with wheat. There was a rush to selj weat, because of the weaker cables. Short stork scattered lots. Little interest was displayed in corn. The movement of grain from the country considerably tncreasedf overnight. Oats trade was negligible with prices firm. Provisions dropped on selling by exporters and packing interests. Chicago Grain Table —Feb. 4 WHEAT— Prcv Open. High. Low Clown. close •Ma 1.76% 1.76% 1.76% 1.75% 1.77% tMa 1.73% 1.74% 1.73% 1.73% 1.7514 July 1.54% 1.54% 1.63 % 1.53%, 1.66% Sept 1.45% 1.45% 1.45 V* 1.45% 1.46% CORN— May* .83% .83% .53% .83% A4% July .86% .86% .85% .80 .56% Sept .87% .87% .87% .87% .88% OATS— May .43% .44% .43% .43% .44% July .44% .44% .44 % .+ *“* Sept .44% .44% .44% .44% .44% LARD— May 15.30 15.30 15.20 15.20 15.85 RIBS— May 16.65 16.65 10.40 10.55 10.60 RYU— May 1.07% 1.08 1.07% 1-07*% 1.09 July 1.08% 108% 1.08 1.08% 1.09% Sept 1.07 1.07 A.u.t% ,-j A.d, CHICAGO. Feb. 4.—Primary receipt*: Wheat, 680.000. against 858,000: com. 929.000, against 773.000 r oat*. 377.000. against 640.000. Shipment*: Wheat. 432.000. against 024,000: com. 490.000. against 537.000; oats. 430.000, against 565.000. CHICAGO. .Feb, 4.—Carlot receipt* were: Wheat," 8: com, 216: oats, 27; rye, 2. CHICAGO. Feb 4.—Wheat—No. 1 red. §1.92; No. 2 red. $1.92%: No. 2 hart}. 1.83%. Com—tfo. 2 yellow. 82c: No. 3 yellow. 76V4 081%c; No 4 yellow. 71® 74 %c: No. vellow. 67 0 71c: No. 6 veflow. 64% 007 c: No. 4 mixed. 70 %@ 72%0: No. 0 mixed, 04@65%e: No. 4 white .72% ®74c: No. 5 white. 670 71 %c: No. 0 white. 64%@66%c. Oats —No. 2 white. 42% : No. 3 white. 41 *• @i 42%e: No. 4 white. 40%@41%e. Barley—69 0 70c. Rye—No. . $1.04. Timothy —56.5007.65. Clover—s2B 0 33.

REALTY SALES HEAD GRILLED Bu United Press CHICAGO, Feb. 4.—0. H. Olson, former sales manager In charge of securities of the Consolidated Realty and Theaters Corporation, on crossexamination today, admitted that the company owned only $60,000 of the stock of the Lemcke Bldg, in Indianapolis. It is alleged the company had a picture of this building on booklets wTflch led prospective investors to believe the company owned the building. Olson said he told the prospective customers (he company owned some of the building. “Did you tell them how much?” “I did not know.” . 0 “Did you tell all your customers?" “No.” NO ~HORSE; NO~CASE St. Ixiuis Man Freed on Charge of Receiving $2 Bet. Bu United Press ST. LOUIS, Mo., Feb. 4.— -Frank Betz was brought into .circuit court here charged with receiving a $2 bet on a recent horse race at Havana. “Where’s the club steward?” the prosecutor asked Hie arresting officer. There was no reply. ■' Where’s the horse?” The officer didn’t know. “Thfn if there’s no steward and no horse, /how car you prove there was a horse race ors which you made the bet.” Betz was dismissed. HOUSE PASSES BANK BILL WASHINGTON, Feb. 4.—The MacFadden bill authorizing national banks to engage in branch banking in cities where State banks follow this practice, was passed by the House tod a £ and sect to the The vote was 292 to 90,

THE INDIANAPOLIS TIMES

STOCKS GAIN ON SPIRITED HIGH MARKET Influence of Industrial Report Forces Price Rise.

Average Stock Prices

Average price of twenty industrial stocks for Thursday were 159.40. up 1.40 Average price of twenty rail* lor Thursday were 111.03. off .22. fji/ United Pr'ess NEW YORK. Feb. 4.—With the average of twenty representative in dustrials compiled by Dow-Jones at the highest levels on record, further spirited buying came into this section of the market at the opening and additional gains were scored among the leaders. J Allied Chemical moved up fractionally at 124%, the best price in its history while United States Steel gained % to 133%; General Motor* to 129% and Hudson to TT2%. Sensational advances continued in special issues. Nash Motors Jumped 16 points to 601 on its initial sale on top of Us 44% points rise yesterday. California Packing also attained unprecedented levels, spurting 2% to 117% compared with the previous day’s low of 168. Stocks maintained a buoyant tone in the neon dealings despite the 6 per cent call money against the renewal rate of 4 per cent. Thla development was due to a heavyecalling of loans failed to check a vigorous demonstration of strength in the 'whole oil group, following the report that a bid of S6O a share had been made and accepted for the As-

Alp; '' -JlUlro r H s'' „- ; W j I fl 1 f * /J t fREG. US. PAT. OFF.) A Perfect Gasoline f Is a Refining Achievement

®Try SOLITE Today at Any Standard Oil Service Station and at Any Garage Displaying the Solite Sign Standard Oil Company Indianapolis . (lnd ' a ~> Indiana 4471 '

sociated Oil stock by the group in which Tidewater. Oil Company is the dominating figure. Associated Oil, pushed into new high ground at 58, up 2% from the previous close. Pacific Oil, which owns 1,400,000 shares of Associated also achieved new high ground, advancing 1% to 81%. NEW YORK CLEARINGS NEW YORK. Feb. 4.—Clearing*. $945.090.000: balance*. $94,000,000. FLORIDA ‘NECK’ BROKEN Railroad Builds Link, Giving West Coast Direct Connection. Bo Times Special CHICAGO. Feb. 4.—Florida’s rail-' road bottle-neck at Jacksonville is to be broken. Construction of a forty-mile link between Montlcollo and Perry near Tallahassee, announced here by the Atlantic Coast Line, will shorten the distance between Chicago and Tampa 130 miles and reduce the running time between the two cities sLx and a half-hours. The link will give Florida’s west coast direct transporta-ion connection with all parts of the country. It will eliminate the necessity of trains from the Middle West entering the state at Jacksonville and switching back across the peninsula to the west coast.

Gone, but Not Forgotten

Automobiles reported stolen to po lice belong to: Joseph F. Caldwell, 2320 N. Pennsylvania St., Ford, 511-432, from Pennsylvania and Louisiana Sts. Dell McKinney, 53, Y. M. C. A., Ford, 478-381, from near Y. M. C. A. Federation of Lutheran Churches, 3024 W. Michigan St., Ford, from Eleventh St. and Capitol Ave. Wallace E. Christie, 1248 Windsor St.. Overland, from Union Station elevation and S. Pennsylvania St. Eugene Kessler, 737 King Ave., Overland, C 152-588 Fla., from same address. F. L. Sanford, 954 Scioto St.. Dodge, from same address.

* Its worth is inherent —it is built in. Without its world-famed cracking processes the Standard Oil Company (Indiana) never could have produced such a superior light gasoline as Solite. It could have manufactured a “so-called” high-test gasoline, but sustained power would have been lacking This, the Standard Oil Company (Indiana) never was willing to do. It preferred to wait until, by the cradling process it could manufacture a gasoline to spedfications, that would be light and volatile and still drive the piston the full stroke under power.- That is Solite. It is unlike any “so-called” high-test gasoline you know. It is better! Try it You will sense its superiority. If you want quicker action you will be willing to pay a little more to get it —3c more per gallon. That action, Solite delivers. But, if you require maximum power with utmost economy, then, we recommend that you use our dependable Red Crown Gasoline. 4

PRESS SHOWING MIGHTY GROWTH, SAYS U.P. HEAD Says Newspapers Are Turning From Old Teory of Political Subsidy. COLUMBUS. Ohio. Feb. 4.—" No business in America is growing with greater rapidity and strength than the newspaper industry,’ said Karl A. Bickel, president of the United Press, in a speech last night before the annual banquet of the Ohio Associated Dailies. This trend applied throughout the world, Bickel said. He added that newspapers of every kind were turning away from the "old, vicious theory” that newspapers must be supported by governmental or political subsidy and were establishing themselves as legitimate business institutions. Leads World The fact that this change took place first in this country, Bickel pointed out, was one reason why the American press led the world in honesty, high ethical standards, influence and wealth. "The same influence is most marked in the press association bus! ness,” he continued. “The fact that newspaper publishers of the world are demanding honesty and absolute independence from Governmental propaganda in their press association service has been one of the fundamental factors in the success of the United, Press. "The United Press has no affiliation t>f any character with any Govern mentally subsidized news agencies or agency which, in Europe. sre termed official or semiofficial.” Lowsr Japanese Rates Bickel announced that General Harbord, president of the Radio Cor-

poration, had agreed to make a reduction from 27 to 10 cents a word on press matter filed between the United States and Japan. “The drastic reduction of the wireless press rate between the. United States and Japan,” said Bickel, “will prove the greatest forward step for peace between the two countries that has been taken in the history of their relations.” SPEAKER GUEST AT LUNCHEON Southern Woman to Address Business Women. Miss Stella Akin of Savannah, Ga., who will bte the speaker tonight at the eleventh annual banquet of the business women’s section of the Woman’s Department Club, was entertained at luncheon today at the Columbia Club. Other guests were Mrs. Edward Franklin W’hite. and Misses Mamie Elizabeth Rainey. Mary Peacock, Lula Grayson, Adele Storck; Elizabeth’ Mason and Bess Robbins, all women lawyers and members,of the Portia Club and Judge Robert C. Baltzell, Judge Louis B. Ewbank. Prosecutor William H. Remy, James Ogden, Walter Myers, John W. Holtzman and Fred Bates Johnson Miss Akin will be entertained at luncheon Friday noon by the women of the Chamber of Commerce and Saturday she will be ’gimst of honor at a luncheon at the Indianapolis Athletic Club given by the directors of the Women's City Club. . "DEAD" MAN IDENTIFIED Bv United Press MIAMI, Fla., Feb. 4.—Frederick G. Beale, held in the county jail here for New York State authorities on charges of robbing a grave and burning a body in an attempt to defraud a life Insurance company out of SIOO,OOO was positively identified today.

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ELEVATION BY BELT BRAWS an PROTEST Board of Works Does Not Like Method Used by Railroad. Board of works members today were preparing to compel Indian apolis VtiL n Railway officials to allow tb*. Mty to conduct track ele in art tgemon s Instead of pet rmtiing the company, which operates the Belt road. t. contract for the werk and send the city a bill for its share. The question wa.< raised by Oreri Hack, board n.en hers, when the Beit, Wednesday, obmltted a bill for $16,929 for elevaUon during December between Pratt and E. Tenth Sts., Including award of $36,009 damages to, and purchase of .91 acre from the Capitol Lumber Company. The land bought includes part of an ahey and of Brightwood Ave., vacated by the city. Board members scheduled a con ference between city, county am} railroad officials Wednesday. The city pays 35. the county, 15 and the Belt 50 per cent of the elevation costs. “We had a perfect right to dfc everything that we did under agree ment with old board of works," U J. Landers, Belt Railroad superin tendent, said. “We awarded the dagames because we practically destroyed the Capitol Lumber Com pany’s yards there." Hack said the law gives the the right to manage the project and* then to assess the Belt for its share of costs.

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