Indianapolis Times, Volume 37, Number 262, Indianapolis, Marion County, 4 March 1926 — Page 13

MARCH 4, 1926

PORKER VALUES STEADY AT sl4 TOP

mm prices •crop sharply WITH OPENING Wheat Decline Caused by Strong Bearish Undertone. Hu t ailed Press CHICAGO, March 4. —Grain prices dropped sharply in the opening on the Chicago Board of Trade today. Wheat prices slumped from 2 to 3% under yesterday’s close. The decline teas attributed to the strong bearish undertone which pervaded the pit. Bocal traders upon news from Liverpool that wheat was from 2>4 to 2 U lower on the opening today while Beunos Aires receded from 2hi to 3hi. are beginning to realize that the world price level is becoming a big factor it; the Chicago market prices. Until foreign buyers are willing to meet Chicago levels no advance in the wheat pit is expected. Corn opened lower in sympathy with wheat. Although the country movement is steadily decreasing onehalf of the corn crop still remains on the farms and when that begins to move, prices are expected to decline further. Oats remained in the rut at the ■uicnlng due to the over-supply. AtlBince in this grain is said by experts to be almost out of tl*> question for sometime. Provisions opened higher in an active market. Chicago Grain Table —March -1— WHEAT— Pier. Open. Higrh. Low. Close, close. •Mar.l.s7 1 -. 1 ..Ml 1.54 L 1.57 7 * 1 .oil® • Mar. 1.55 U 1.57 Vi 1.54'4 1.570 1.58 0 .Inly I .33K40’, 1.37', I .400 1.400 si lit. 134'* 1.34-; un-* 1.341* CORN— Mar. .76 ** .79 ' i .76 0 .79 0 .77-0 July. .SO .82 0 .79 0 .82 0 .80** Sept. .81'.. .84 0 .81'- .81 .82 0 OAT?— ' Mar. .39 0 .40 .39 0. .40 .40'4 .Tilly. .400 .41 0 .400 .400 .41 Sent. .41*8 .410 .40 0 .410 .410 LARP— Mpv 14.92 15.12 1 4.82 15.00 14.62 RIBS— Mar nominal 15.45 15.45 RY E May. .86 .8.0 .850 .88 0 .ST'.j .Tub*. .88.89 \ .86 .89 0 .88 0 Sent. .87 0 .89 0 .85 o .89 .87 H CHICAGO. March 4.—Primary receipts: v heat. 545.000 atrainst 772.000: corn. 561.000 aeaimtr, 1.228 000: cats. 388,000 arainst, 417.000. Shipments: Wheat 105.000 asrainst 634.000: corn. 395.000 ns-ninst 667.000: oats. 532.000 against 731,000. CHICAGO. March 4.—Carlo! receipts were: Wheat, 14; Corn. 115; Oats, 41; K.w. 2

Commission Row

Prices to Retailers Frnits Apples—Jonathan. 40-pound basket. 51.75 46 2: Grimes Golden 40-pound basket, $1.73 44 2: Delirious 40-pound basket. $2.75: W Bananas. 40-pound basket. $1.75: Kins Darids. 40-pound basket.. 51.50: Baldwins. $1.750 2: Staymen WineBap. box, 88 Northern Spies. 40-pound I basket. $1.75. I Bananas—Be a pound. f Cocoanuts —Jamaica. $5.50 for 100. Grapefruit—Florida. $4 50® 5.50. Lemons—California, box. 54.75@5. i imes—-$1.6002 a hundred. Oranges—-California navels. $3.76 48 5.25: Florida. $4,25 0 5. Pineapples—Cuban, rrt.. $3.50(95. Strawberries—Florida, ei. 55®65c. fancerines —Fla. rrt.. $3.750.4.85. Vegetables Artichokes—Key. (Jalllo-ma. $1.50® 1.75 dozen. tjreen Eeana—SJ4. Beeta—H. G.. bu.. $1 : Southern, hu.. S3 ® 3.60 Brussels Sprouts-—V ry. California, pound. 25® 30c. Cabbage—Danish. s7o® 7® ton: lexas. s9o® 95 ti n Carrots—U. 11 bu.. $1.25: Texas, bu.. Cauliflower- —Colorado. (it ; _52.250 2.50. Ce'ery—Florida. 55.25® 5.75. Cucumbers —11 G. no/... s4® >.<.>. Kggplaut—Florida, do/.. $2.20®2.00. Garlic—Fey. California. 15e lb. Kale—Eastern, bbl . 52.3502.50. Lettuce —-Western Iceberg, crate s.j® 4.25- 11. G. leaf. 15-pound basket. 2 25 Mangoes—Florida trutia. $7.50®8. Mushrooms Fey. 3-oound oasket. * Onions—Spanish. crt.. $1.65 461.75: H. G. red and yellow. 100-pound hag $2.75® southern shallots, bbl.. $10.50. Parsley—Fry H. G.. doz.. 40®45c. Peas —California, crt. $7.50®8. Potatoes —Michigan white 150-lb. sack. Sr 4*6 25: Idaho, per < v. t.. ss® 5.25: Ohio. 420-lb. sack. $5 50465.75: Florida Triumph. $5 a box. _ _ „ Radishes—Dozen. 20®25c. Rhubarb —H. G.. bunch. 4n®Boc. Rutabagas—Frv. $1.50 01.75 cwt. Spinach—Texas bu.. 75c®$1. _ Squash—Hubbard, bbl.. $:J.25®2.00 Sweet Potatoes —Jersey. bu.. $2.75: Nancy Hall. 51754( 2. - -nean Tomatoes —Crt.. six-basket. $5.00@6. Turnips—New. H. G.. bu.. $1.3501.50. Produce Markets E ss —Strictly fresh delivered at Indianapolis. 23c. ~ Butter (wholesale prices! Creamery, best trade a pound 45®48c: buying price lor packing stock. 25c. k Prultry—Hens. 2oc: Leghorns. 20® 122 c; springers. 25 Ca) 26c: Leghorns and ’blacks. 20®22c: young tudkeys. 35c. old turkeys. 28c: guineas. 35c. . Cheese (xvholesole buying Brices (—Wisconsin daisies. 26c: Longhorns. 20® 27c: Limburger. 27 ®2Bc: New- York cream 30 ® 31c. CHICAGO. March 4. —Butter —Receipts, 5 233: creamery. 43c; standards. 42Vic; firsts. 41 Vjc: second*). 39®39Vic. Eggs —Receipts. 11.637; ordinaries. 2 4 Vie; firsts 26c. Cheese —Twins. 22c: Americas. 230. Poultry—Receipts. 2 cars; fowls 30c: springers. 32e; ducks. 30® 32c- geese 21c; turkeys, 35e: roosters, 21c.’ Potatoes —Receipts. 371 cars: Wisconsin sacked round whites. $3.05®3-So: Minensota sacked round whites., s3.i)o® 3.70: Idaho sacked russets, $0.0®3.90. CLEVELAND. March 4.—Poultry— Henry express fowls. 81 32c: Leghorns. springers. 81 til 32c: nocks. 16tii 11 c. Bp tier —Extra in tubs. 48 ©49c; extra firsts. 45® 46c: firsts. 43c: packing stock. 32c Egtfs—Northern Ohio extras. .iZc: extra firsts. 29c Ohio firsts. 28c: western firsts. 27c. Potatoes —Onto. $6.50 per 150-pound sack: Idaho bakers. s*>.so per 100-pound sack: Wisconsin. $0.*.0 per 150-pound sack. Wholesale Meat Prices Beef—Native steel's. 500 to 800 lbs.. IS©2oc: fores under carcase. 2c: binds over carcass. 4c: native heifers. 000 to 450 lbs.. 18©20c: fores under carcass, •v hinds over carcass. 3c: native cows, 400 to 700 lbs.. 12 Ai ©l3 Vic; fores under carcass, 2c: hinds over carcass. 30. Pork —Dressed hogs. 140 to 200 lbs.. ' 2O % (a----20%c: regular picnic hams. 4 to 14 lbs.. 17 <ffl 1 7 Ai c: fresh tenderloins. 52c. v f al—- • arcasses. 70 to 200 lbs.. 20 Vi ® *-4 c; hinds and saddles over carcass., 8c: fores under carcass. 6c. Mutton —Snng lambs. 25 to 40 lbs.. 27c.

We Pay O Interest O /Q on Checking Accounts The J.F. WILD SICCX STATE BANK 125 East Market Street, Indianapolis

New York Stocks

All Quotation? New York Time —March 4 Railroads— liei. High. Low. 1 :00. close. Atchison . . 125 ' 124 1 j 125 Vi "133 Atl Cst L. ,210 -.1.. 3io 314 l; & O ... 8083-L 86 L 83 Canad Pac 151 U 15u ' i 151 U lot , C& O ...120 118 s * 119 119}* 0 & NW.. 67 1 j 30 Vs •£> C R 1 & P. 43 ‘ 43 Vj WN Del & Hud 155 % 153 s * 104 4* 103 Del & Lac 137 ' 130‘q 13,'- 13 Eric . ... 27 85 ** 80 s . 24 •* Erie Ist pfd 37'. 30 S 36® Gt North pi' 71 76L '< 1 '.* 09 * Lehigh Val 78 '.•> 70 7 8 <•> hi L & N .121 1 80 18 1 180 "a Mo Pac pfd 74 7 8 7 1 . B‘a N V Cent.. 123 >.i 181=* 188 181 NY NT! & H 34 <i 33 s * 31 U 33 .* North Pac. . 69 U 08 V* 09 U 08 Nor & W>7 148 140 -\ 140 110 L Pens Marq. 7- '• 71 '* 78 1. 70 Per.usy ... 50 V 50 50 ’* .>0 * Reading .. 81 Vj Ml 1 1 81 Vj 80 So Rati wax 110"* 109 U 110 109 1 * Sou Pacific 98 07' . 97 7 Hi "i St Paul .. . 10 Vi .. . 10'. 11 ’i St Paul pfd 10 L 10 16‘i 16 St L * SIV 59 . 59 58‘1 St L & S F 90=. 88 4* 90 0. 87 STOCKS HIGHER. TRNDENG BRISK (Continued I‘Vom Page 1) second fifteen minutes of trading being but slightly less feverish than the first. The trend was upward, however. General Electric, Chrysler and General Motors gained substantially, the former 5 points. In First Hour Sales for the first hour totaled 739.800 shares, a decrease of more than 200,000 shares from yesterday’s opening hour. On the bond market there was a rush of trading First-hour sales of l>ond.H totaled 84,547,000. against 55,733.000 yesterday. Trading continued feverish throughout the second hour. At noon sales had reached 1,313,500 shares, against 1,576,100 at the same hour yesterday. Bonds continued sympathetic movements with the stock market, showing sales of $6,996,000 against $8,715,000 at noon yesterday. Improved Tone Additional short covering went on around noon, resulting in fresh buying and further recoveries in stocks recently under pressure. The fresh buying resulted in generally im-

WiJl Do Country Good—Mellon Hll I aitrd Press WASHINGTON, March 4. The sensational stock market break in New York will not interfere with growing prosperity, but. will insP/d have a wholesome reaction on financial and commercial markets of tho country. Secretary of the Treasury Mellon told the press today.

proved tone throughout the market. Dillon Reid interests were reported picking up Dodge "R" which came hack to S.i up 3'2 from its low. Stewart "Warner rebounded 3% to TT’y. reflecting accumulation conducted by W. <Durant on the recent break. Pe're Marquette |vas the feature of special strength, 1 tinning up five points to 75. Southern Pacific also acted well, rallying a point to OSt-z. * Jsu) itig Power \ The buying power of the market continued in evidence through the noon hour with the upward trend of prices unbroken. Motors gained when word went around that the Dillon-Reid interests were buying while the rails also kept gaining. Buying was not as brisk, however, and at 1 p. m. total sales were almost 400,000 shares below yesterday’s figure at the same period. Yesterday’s record sales, which came in the face of strong buying support preventing complete demoralization, were taken to mean that speculators all over the country had decided to get out of the market at any price. Whether the ebb point has been reached may be known today. “Paper Dosses" Within two days the market value of stocks dealt in has depreciated more than three billion dollars. Since the downward move began it is estimated fully ten billilons of stock market valuations has been dissipated. These are merely “paper losses,” of course. Although money losses have been Jiuge—perhaps the largest since the Northern Pacific panic of 1901 —the greatest part of the present decline has meant simply the ■wiping out of uncashed profits. No Important Failures Bankers point to the comparative ease in which these losses have been absorbed as evidence of strong latent buying power. Thus far, although the margins of thousands of speculators have vanished, there have been no important failures and their is no sign of panic. It was learned that one of the most influential banking houses in the country investigated the financial condition of brokerage houses and later indicated there was no cause for alarm. SMOOT IS OPTIMISTIC Says Dizzy Drop Will Not Affect t Prosperity. Hil l nil rd Prrxs WASHINGTON, March 4.—The dizzy drop of the New York stock market is due to the manipulation of professional traders and will have no effect upon prosperity of banks and business houses, Chairman Smoot of the Senate Finance Committee, who usually expresses the view of the Administration when he checks up on financial matters, declared today. Local Waaon Wheat Indianapolis mills and grain elcvatm-s arc paying Si.o4 for No. 2 rod wheat. Other grades on their merit. TOLEDO. March I.—flogs—Jteeeiots, ! 000: market. 10'o I.V lower: heavies. J 2.40: mediums. Bt3<S lji.2f>: Venters. s>lu.7sf<i 13.95: good pigs. 513.85 . ns-—-.ours t. Kwauy. sheep and lambs—Market, steady.

j Prion Pac H.T, 148 s * 1484, ! Waha*h .. 381, 38 38 s * 37 Vj I Wabash pfd 09 09 09 * 09 Rubbers— Fisk Rubber 17"* 16'i 17 Vi 15’a Goodrich R 02 s * 68's 0 -> 4 * 01 s * ' Goodyear pf . . . i,n I Kelly Spg-fld 15 '* ... iii', 15'4 |U S Rubber 71 6.9'* 71'* 08'a I Equipment*— i A C and F 99 ... 98' s 97 iAm 81| Fdy 42 , 48 41 "j Amr-r Loco 103 7 * 108 4 103** 103 bald Loco . 106 4 105 106 4 104 ! Gen Elec ..311 310 314 4 305 1 ! Lira:'. Loco. , ... 3,s 594 Pi Stl Car 57 .. ! I-,? 56 >. E" rl ™, n c ”li! 151 158 150 j Ry St! Spg 55 . . . 55 5,-, Westh Ahk 1134 111 L, 1134 111 4 Westh Elec 70 4 691 - 704 68 4 Steels— Bethlehem . 4 1 40 D, 41 4011 Uo;o Fuel . 88 8714 -g •* -.7,■ Crucible . it * ,7- .r* i Gulf States 76 ” ’ 7 U.t " pRC & I 394 3M4 3M4 18', ; Rei> I& S. .50 4 50 V, 50 , 49.1? I 81°W-Shef 111 111 l HI 110 !I! S Steel 1834 188 4 1834 121* Vanadium. 29 . . 89 29 1 Motors— Am Bosch 28 4 *0 4 •>!., .„ i t han Mot 19 4 . 191: " J txeii Mot. 181 1 18 7 * 1 •'] iik'i Martin Pry 19 19 i 0 1p 1* Mack Mo .188 US 180 lls Chrysler . . 42 to 4 • -in •*. • Hudson ..111’, 108 4 111 107 ! Moon Mot. 32 4 3": t "i. •>, ai Bjdebaker 50 1 • 554 ;,i* '5.4 Hupp .... 28 V* go I, ••’.> Stcw-tVarn 76 ' 751. 70' * 7V74 , l’imken .. 50 45 4 50 4’-, Willys-Orer 25 "5 4 051 ?'! • Pierce Ar. 29 884 88 Minings—[Dome Mines IT I -. 17 4 171 . 171.. IGt Na Ore 24 V 04 *' 04 ** Ii Nickel. 36 4 36 36 4 36 I Tex G& S. 130 4 189 4 130 4 128 s . Coppers— Am Smslt f:6 18-14 D*s4 1"14 I \naconda.. 44 4 tt 4‘4’, 4> inspiration. 23 ->3 ■•,; Kenneoott. 53 4 4 53 -;•> 1 Ra.v .... 104 to 1 , ID IOH L S Smelt 40. . to 4 41 Oils—- ! Cal Pertlo 31 L 51 314 31 Is M.. ICt Pc,e 30 4 29 4 294 Indp Oil . 23 214 ;i 24 Vi Houston Oil 60 59 ‘ 60 59 "7 | Mat-land Oil 54 4 53' , 53 4 53 4 1 P-A Pete. 68 4 . . 62 4 0" ; P-A Pete 15 63 4 02 4 03 4 62-4 'Pa, Hi.- Oil. 78 4 77-Si 784 78 Phillips Pet 43 4 42 4* 43 4 48 % • Jen Pete.. 51 4 50 4 51 4 50 4 , Pure Oil.. 86 4 ... 80 4 26 'i | Royal Dute 50 4 50 V 50 4 ■ std Oil Cal 54 4 51 4 54 4 54 4 SUI Oil NJ JO’, 40 4 40 4 404 1 Sinclair . . 31 i . 81 4 01 4 ”1 4 Texas Cos. 50 4 50 4 50 i 50 4 Industrials— Allied Ohm 118 1104 117 s * 1114 Adv Rumely 14 14 14 144 Allis-Chelm. 84 V, 84 s , 83 4 Amer Can 302 293 308 291 A H&L pfd . . 53 V Amer lee. . 115 4 Am Woolen 32 4 3232 Vs 38 4 Cen Leather 15 4 . 154 15 Coca Cola 140 4 137 139 4 183 44 I Certaint'd P 44 ", . 44 ** 44 s * | Cont Can.. "8 70 78 78 Dupont. .. 219 818 219 21” 4 j Fan, Play 110 4 115 4 116'* 414** G Asphalt 51 I; 50 4 514 50 ' In Comb En 42 =4 41 42 8 s 40 I lilt Harv. 121'. 120 121 V, 122', ! May Stor. 118 ', 118 V 117 * ; Mont & W 69 s * 07'.. 69'* 67 ; Nat Lead 153 4 ..." 153 4 153 Vi Owen But.. 614 614 60 4 j Radio .... 35V* 84V* 35V* 33 4 I Stars-Roe. 199 197* 198 198'.. I United Drg 140 138 ' 140 137 * U S In Al.. 54 53 4 54 53S Woolworth 174'j — 171 1714 171 Utilities— Am T & T 144 . . 14 4 143 4, ' Con Gas. . 93 98 93 91 4 1 Columbia G. 77 76 76 4i 70 4 I People G. 118 V-V 1184 IISV-j 1184 West Union 38 1* .. . 138'* 138 Shipping— Am Int Cor 37 4 .. . 37 4 37 4 Am S 4 C 74 74 74 i Atlantic G.. 414 394 11 ; 40 * 1 In M M pfd 31 4 334 34 4 33 4 United Frt 270 . . 810 272 Food*— Am Sugar. 75 74 s * 75 74'* : Am Bt Sug . ... 38 H Austin N.. 20 Vi . . 804 20 Corn Prod. 37’* 36 4 37 T ANARUS 37 4 [ Fleischman. 484 40'* 48 40 I C-Arn Sugar 80 25 4 I’o 8.5 4 I Jewell Tea . . . . 884 Postum 89'-. 80 4 89'j 86 4 ) Ward Bak ... ... 00 58 Tobaccos— Am Suma.. 10"- 10 s * 104 10N Am Tob .111 118 4 114 1124 Con Cigar. 56 4 58 50 4 Tob P<Ft 1 108 4 1011* 108 4 101 i Lorillard.. . 38 37 4 374 37 4 ! U Cig Stor. 90 784 911 88 i Schulte .. 120 4 Jl7 ='* 120 s , 117 4

Average Stock Prices

Average prh'e of twenty industx-ial stocks for Thursday, was 144.44. off 2.02. Average price of twenty rails lor Thursday, was 103.20. off 8.22. Local Bank Clearings —M arch 4 Indianapolis bank clearings for today amounted to 53.002.000. Bank debits for today totaled 87.103.000. NEW YORK CLEARINGS Hu I’mtol /’rest NEW YORK. March 4—Clearings. SI.277.000.000: balances. 598.000.000. START ROAD REPAIRS County Engineer Says New Project Will Begin in April. Work on improving county roads is under way, William W. Southard, county engineer, said today. He said Luther Tex, county road superintendent, for two weeks has been supervising the grading and patching of roads. With the frost coming out of the ground, care is necessary to remedy the soft place and fill in the bad ruts. Southard said. Work is being done on the National Rd. to Ft. Harrison. Work on new road projects will commence about the second week in April. FILE STOCK INCREASES Two Greencastle Institutions Give Notice of More Capital. Notice of a $23,000 stock increase for the Citizens Trust Company, Greencastle, was tiled with Secretary of State Frederick E. Schortemeier today. Notice of a $700,000 stock increase was filed by the Greencastle Savings and Loan Association. Notice of a $25,000 stock decrease was filed by the American Cannel Coal Company, Cannelton. Notice of a $300,000 stock increase was filed by the International Petroleum Products Company, Ft. Wayne. BOND ISSUE ENJOINDER County Auditor Ordered Not lo Certify Remonstrance.. Harry Dunn, county auditor, was permanently enjoined today from certifying to the State tax board a remonstrance to the *123,000 joint bond issue for city and c<\unty street improvements, by Judge Clinton H. Givan of Superior Court Four. A remonstrance to the bond issue was filed last week by the Indiana Taxpayers’ Association on the grounds the issue was $19,000 in excess of the proposed improvements. Immediately a petition for an injunction was asked by forty-nine property owners, directly benefitted by the improvements. Judge* Givan issued a temporary restraining order. Property owners claimed the bond issue was in keeping with the actual costs. The improvements are for Baltimore and Ilillsijle Ayes. They c-Kv will pay $61,000 and the county $02,006.

THE INDIANAPOLIS TIMES

Cattle Market Turns Strong and Steers Swing Upward. —Roe Prices o.=r l’ l>a. T — Feb Bulk. Top. Receipts. 20 12.16® 13.40 13.75 4.000 27 12.25613.40 13.75 3 .*OO 12 45® 13 60 13.95 f'.OOO 12.35® 13.60 13.70 j.OUO 3 12 00613 75 14.1" *"00 4; 12.00® 13.75 1100 5.000 Hog values remained steady today at tho Indianapolis Livestock Exchange. A light demand, coupled with a light run of material, estimated at 5.000. caused the unchanged price situation. Holdovers from the midweek session numbered 1.473. anil were added to the total fresh receipts. The top price quoted on lightweight material was $13.75. but a few snles of choice light material were mode at art extreme top of sl4. Thp bulk of the matured hogs was disposed of at $12.G013.75. Hog Price Scale Trading was done over the following scale of values: Heavyweight material brought 513.10te13.85; medium stuff sold at [email protected]; lights commanded a price of $13,150 13.75: light light porkers cash at $13.75; pigs moved sealeward at sl3 'a 13.75; smooth packing sows were $10.50@11: roughs averaged slo@ 10.50, and stags wore $7.80® 10.50. The cattle market proved to he strong and choice material on all '•lasses was slightly higher. Other grades were fully steady with the recent price advances. The run, estimated at 1.100, contained several loads of choice stuff. Steers were priced from $6((ill and sales were reported as high as $10.50. Heifers were priced at $5Si 10 and cows were s4® 8. Western Lambs Arrive One deck of western fed lambs arrived Wednesday near the close of the market and were put on sale at the opening today. Prices averaged $13.65. Native lambs were fully steady and were priced from ?124i11. Sheep were practically off the mar kct. Total receipts were estimated at 400. The calf market remained steady with Wednesday. Top price placed on the best veals was $14.50. The hulk of the run, estimated at poo calves, was sold at prices ranging from $14te11.50.

—Hoes— Teavie* $12.10 fr 12.8., i Medium 1*2.85't i:i.lO 1 Licht liog-s 13.75 j Lijrht liflrht* IJ.Ta Smooth s 10.50 Kill .00 Rough rowis 10 oofiri lo.r>o jSfitf** 7.50 (fi 10.50 —I ntt!c—----j Good to ,*hiu.f fat 0.50*311.00 Md mi ar.J pood . 8.011 0"0 Common pts*cri . 8 00 I Choiop hnfrr>* . 5.00 0 10.00 ! Common to fat (infers .... 4 075 ! Prim* fat cows 00 (ii 8.00 — i H | >P ! 514.50 Balk of sale® 14.00f< 14.50 j ' onimun ciUTeti ... 7.15 uII 50 —Hhffp and Lambs—- ! Choice western lambs JM 0.50 i Choioe nafivt Inmb- . . 1 too I Gotnl to t hnite sheen 5.00 da 7.00 Other Livestock ! CHICAGO. March I—Cattle— Reccii.ts. 10.000: fril *t**ers trail** steady t,* *>.k spots, to to Jr*- hiirhir M c.incs,!ay's action > nanny: killinE quality medium to aood; l**-st matured stcr.* early SlO 76. sortie higher; bulk. to $10.2.*: she ! slock scarre fully steady ; bulls 10 to 15c , lusher veal-rq *tronjr to 25c higher at 51 2 7,0 in 13 60; outsider* tiayins sll® 17* Sheen—Rcirtpls 13.000: marker alow ] nracth-ally no early sales on sheep ct * iambs sblnptns demand for ehoiir handy j weight* imnroveil: bidding .around f 1 t. 25 I for choire shi nper* or around 50c brrnn Wednesday's early rttarkot: indications ! around steady wrth Wcdncwlay s .-■Tiisc to nai'kers: paoknis steady on sheen ami feeding lambs. Hors —-Receipts. 31.000: i market. ss.' toe higher: ton. M 3.90 bulk. $12.90® 13.25: heavyweights. 911.90® 1° 65: mnliumweiebis $12.10® 13 35; | lightweights. M2® 13 85; light lights | $18.20® 13.90: packing sows. $10.40® 11 pigs. sl3® 14. ! CINCINNATI. March 4. Cattle —Re 1 eeipts, $5.50; market steady shipping steers, good to choice. *8.50010. Calves —Market steady: good to choice. *l3® 14. Hogs—Receipts. 4.600; market strong. Js®2oe higher, good to elroice packers and butchers. $13.25013.50. Sheen —Receipt*. 5": market steady: good to choice. 56 ra 8. Lambs—Market steady: good to choice. $14014.50. CLEVELAND. Maroh 4.—Hogg—Receipts, 2.500: market. 10® 15c lower; Yorkers. $13.750 14: mixed. $13,000 13.70: mediums. $12.05 0 13: pigs. Sl4; J roughs, $10.25: siais. $7.25. Cattle—Receipts. 200: market, steady; choice yearling steers. SIOO 10.50: good to choice | butcher steers, $9010: fair to gmid I buti-her steers. $7®'8.50: good to choice j heifers. $809; good to choice butcher , hulls. $6 0 7.75: good to choice cows. $5 0 6.75: lair to good cows. s4® 5: common cows. S2®'4: milebers and springers. SSO 0 125. Sheep and lambs—Receipts 1.000: market, steady: top. $14.50. Calves— Receipts. 300: market, slow : top. $lO. EAST ST. LOUIS. March 4 —Cattle R. eeipts. 1.200: market steady: native steers, $8.25 010.00: yearling heifers. $7.5069; cows. $5.50 016.25: canners and I cutters, *3.3504.50: calves. $13.75; Stockers and feeders. $7.25 0 8.25. Hogs—J Receipts. 7.600: market unevenly 10®’36c higher: heavies, sl2® 18.70; mediums ; $12.50013 60: lights $13013.75: light lights. $13.35013.76: packing sows. $lO 011.25: pigs. $l3O 13.75: hulk. $13.50 013.06. Sheep—Receipts. 1,000; market 50 0 75c under early yesterday; cwr,* i s7 (it 8.75: canners and cutters. $205.25: wooled lambs. $11.75® 13.75. EAST BUFFALO. March 4.—Cattle. — Receipts, 200: market active, steady: shipping steers. $9 010.50: butcher grade*, $5.,509.25; cows. s2®7. Calves—-Re-cepits. 3(X): market 3ctive. steady; eull to choice. $3.50016. Sheep and lambs— Receipts. 1.600: market slow, steady: choice lambs. sl4® 14.75: cull to fair, $9 013: ve3rlings. $8.50012.75: sheep, $3.50® 9.50. Hogs-—Receipts, 2.400; market active, steady: Yorkers. $14.25® 14.50: pigs. $14.50: mixcl. sl3 75® 14: heavies. [email protected]: roughs. $10011: stags, $6.500 8.50. PITSBURGH. March I.—Cattle—Receipts, light: market, s'eadv; choice, 10: pood. $9 250 9.75: fair. $7 0 8.25: veal calves. $15.500 16. Sheep and lambs— Receipts, 4 double deckers: market, slow-: prime wethers. $9.506 10: good. $8.75 0 9.15: fair mixed. $708: lambs. sl2® 14.75. Hogg,—Receipts. 14 double deckers: market steady: prime heavy. $12.50® 0 12.75: mediums. $146 14.10: heavy Yorkers. sl4 10 ® 14.25: light Yorkers. $14.15 ® 14.25: pigs, $14.15014.25: roughs. $10011: stags. ss®7. RESERVATIONS ARE MADE Parent-Teacher Federation Will Have Annual Dinner. More than 370 reservations have been made for the annual dinner of the Indianapolis Federation of Par-ent-Teacher Associations Friday at 6:30 p. m. at the Central Avenue Methodist Church. The speaker of the evening- will he Paul V. McNutt, dean of 'ho Indiana University law school. The dinner and program will ?on- ! elude an afternoon business meeting. At the dinner hour the Woodbury | trio will play. W. E. Tallentire, vioJ linist, accompanied by Mrs. Lenore I Coffin, will play. HEAVY TIGER FINES Municipal Judge Paul Wetter today gave heavy sentences for alleged liquor law violations to Hattie Medley. Negro, and Bernard Wilson, Negro, lioth of 2343 Sheldon St. The woman drew a SIOO fine and ninety-day sentence, and the in .. $250 and ninety-day term.

Crowds Throng Municipal Courtroom in Basement

FARMERS GIVEN HOUSE HEARING 1 Commitiee Pleased With Coolidge Promise. 1 Times Sltrrial WASHINGTON. March 4 —The j Corn Belt’s Committee of twentyI two, consisting of two representatives from eleven States including ; Indiana, was given a hearing by the House Agricultural Committee today | in the Corn Belt’s plea for farm relief. i The committee, including President Shields of the Indiana Manufucturers’s Association and Walter ! Lindstrom of Pleasant Lake. Ind., j chairman of the State Bankers Association Agricultural Committee, called on President Coolidge and Agriculture Secretary Jardine Wednesday. j Coolidge and Jardine, according to President Peek of the Farm Com- ! mittee, assured the members they were fully aware of the serious state of midwest agriculture and were sure that constructive relief legislation would be passed by Congress. The committee was “very much gratified" Peek raid. Members 1 planned to ask the House Committee today to pass the Dickinson bill, providing a Government corporation to raise domestic prices by purchase of tlie exportable surplus or for similar price—fixing legislation Peek said. A lie asked later of the Senate Committee, of which Senator Norris of Nebraska is chair- : man. TO SHOW BUS LINES PAYBNG President A. Smith Bowman of the People's Motor Coach Company was to submit a written statement showing his bus lines are making hint a profit as one of the initial moves today in the public service commission’s hearing on his applica tion for a permit to establish a line from Monument Circle to Keystone Avo. and Thirty-Eighth St. Commis sioner Frank T. Singleton resumed the hoarihg In the House of Representatives chamber at 9:3" a. m. Smith seeks to show that because of the similarity of the line he hopes to establish to those already operat- ' ing, it probably will be a paying | venture. j The Keystone Improvement Asso- | elation supports Bowman’s plea. Residents of Broadway, over which j tthe line would run, and tlie Indianapolis Street Railway Company are protesteing. The street car company has a petition for a similar line pending. Marriage Licenses Samuel J. Britton, 4. 1010 Oliver, truck driver: Thelma L. Kiiv. is 1321 Hiatt-. Auruat C. Lewis. 23. 2533 E. Eighteenth; Lila M. Spray. 20. 1815 N. Rural. Herman C. Meyer*. 24. 1212 Gimher. clerk: Artie M Hybnlt. 17. 2038 Mal*el. domestic. Earl Limnious. 34. 1401 Kentucky; Genevia Stringer. 28 1833 Lambert, domestic. Charley H. Treaer. 43. K. R. M Box 834. farmer: Esther Feasterston. 30. R. It. M Box 234. Births Boy* Elinor ami Asrn# 1 ® Whrrler. 2 *7O Parker. Harry and Esther Jackson. JID4 Centennial. __ Maurice and Florence Ansrell. Clark Blnkealee Hospital. Edward and Bertha Lipp. Clark Blakcsi lee Hospital. , John and Marie Kaasenbrock. no 2w. j Ray. lfenry and Ruth Penk. 1 L>4 Mein*in. I Hairy and Edith Davis. s‘*s E. Walnut. Girls ■ Clarence and Mary Wilkeraon. 1050 Kes* . ler Blvci. Albert and Lula Bohne. .‘1630 ?*. Mend- j ian. Fredrick and Fern Bird. 1603 Broadway. Deaths Conrad Gurtx, 80. 580 F., Vermont, ar ' teriosclerosis. Raymond Chrialcy. 8 month*, 1214 E. Twenty-Third, broncho pneumonia. John W. Ryan. 52. Fletcher Sanatorium, cerebral hemorrhage John Fitzcrer&ld. R 4. 520 E. Vermont, lo- i bar pneumonia. _ Cora Crook. 64. Chritian Hospital, j cardiac insufficiency. Emma Clark. 81. city hospital, acute thyroiditis. „ _.. Arizona May Fortune. 46. 816 N. llli- • I nois. uremia. : Edward Vernon Davis. 4 days. 025 E j Walnut hemophilia. Halnh Thomas Ginsberg. 5. city hospital. ! accidental Alfred W. Preston. 73. 39 Virginia, lo- 1 bar pneumonia. _ I He'en E. Meyer. 22. 333 W. Fortieth | meningitis. _ __ Rache' Margaret Crostreet. ~9. 3900 Park, valvular disease of heart. T'orenee C. Norris. 49. St. Vincent Hos- 1 1 nitnl interstitial nephritis. I MiMred Fdith Freeman. 1 St. Vincent's i Hosnital. tubercular meningitis Emma Melissa- Oliver, 09. 1315 Brookj tide, arteriosclerosis. EVEN RADIATORS SHOOK | (JOLUMBUS, Inff.. March 4.—Be ; cause radiators were loosened and! the building generally damaged the i Elks Club here today placed a ban on the Charleston ant 1 I’lea Hoi) dances.

Municipal Courtroooin in Courthouse Ihuseinent.

Crowds thronged tliis jiee-wee courttx*oin, which quartered the courthouse custodian before municipal court was established, until the photographer unfolded his camera. Then there was a scurrrying yonder by defendant*, bondsmen and spectators whose friends and relatives might have been curious about itheir presence there. But the picture shows jammed conditions. Ten civil cases a week and between lifteen and twenty criminal cases a day are adjudicated by Municipal Judge Edward Felt in this little ‘’hole-in-the-basement" wall. Court officers, including Miss Birdie Bilhnan, Criminal Court record clerk, and Judge Felt are shown. Felt presides in criminal cases three days a week b> virtue of appointment ns special judge of the Criminal Court, and Deputy Prosecutors Nlblack an.l Elliott push the cases to final disposal.

‘Spats’ Bandit Says He Was Hungry .So He Held Up the Flower Shop, but Didn't Get Away With It.

E,i MI’TV pockets and an empty stomach caused Peter Morton, 29, of New York City, to hold up the llepler Flower Shop, 321 Massachusetts Ave., Wednesday night, he said today. “I was fiat broke and wanted

Mot ton

| sage, 4060 College Ave., on employe j in tlie shop, was arrested at the I Union Station as he was leaving for [ Ft. Wayne. I*eft oil llis Spats "You changed your overcoat, buddy, but you couldn’t change your face and you forgot to change your spats," Miss Ossage said. Morton told Lieut. Walter Claffey he arrived in town last week to sell magazines, hut only made two sales. After the hold-up he paid a hard-up friend $1 for another overcoat. Morton had visited the flower shop and talked to Miss Ossage and Thomas llepler, proprietor, several times. Tried to Get >loh "I had tried to get a job, and TTepier referred me to several places," Morton said, stating lie hod no intention at first of holding-up tho shop. Eugene Lienbond. 124 E. New York St., and Bertram Smith, 1010 W. Twenty-Sixth St., employes held up. said the description tallied with that of Morton. Miss Ossage rememliering Morton planned leaving town, suggested going to the stall->n.. Morton said he would plead guilty and ask the judge for a suspended sentence and a job. "I wish they had shot and killed me last night. 1 would rather he dead than he in this mess," he said. \IR MERGER PLANNED BORDEAUX—The amalgamation of twen'y-three German companies now engaged in airial transport is steadily making headway. Representatives of the companies met recently in Berlin and discussed a definite plan for carrying it out.

In Last 24 Hours Four persons were injured in an mitomobic accident in Indianapolis. Total Injured Total Deaths This Year This Year 255 16

GROTTO HEAD TO BE GUEST Theater Party Planned by Sahara Organization. Chester o. Martin, newly elected Monarch of the Sahara Grotto will be guest of honor tonight at a party at the Palace Theater of Sahara Grotto, Mystic Older Veiled Prophets of tHe Enchanted Realm. A s|iecial headline act will lie given by Ralph Whitehead, character impressionist :ntd Miss Gertrude Pennington, both recently of ;Al Jolson's* ’4iUig Boy." A comedy I *kit by veiled prophets will he an added feature. The entertainment I committee includes Edward M. Moore, (Inirtmin: A \V. Dalle, D. T. ibtkit. ami Carl F Erath. Prophets from Anderson, Richmond and Terre Haute will attend. Chief Justice Lawrence Drapier, will talk on "New Aims of the Grotto." The Grotto stunt* will be in iddl tion to the regular vaudeville Dill and will l*egin at 8.45 p. m. A seetion of tlie theater will he reserved for Prophets attd their guests. ASK TO CLOSE STORE Fruit Stand Declared Nuisance in Abatement Suit. Max Gundelftnger, convicted Wednesday on a blind tiger charge in Muncipn! Court liefore Judge pro tent Earl Cox, was named defend ■ant today in a suit tiled in Superior i Court Five to close his fruit store i at 365 W. Washington St., as a pubi lie nuisance. In Municipal Court, Gundelffnger was fined SIOO und * given thirty days. The term was suspended on condition he pity depj uty attorney general's fees. A co-defendant In tho abatement suit was .Toe Guiffre. The complaint >vus filed by J. Carl Vandiver und Paul Rhoadarnter, deputy prosecu- | tors. FIRE AT PETERSBURG Drug Store Suffers $15,000 laws From Itlazc. Itu Times Puecial PETERSBURG, Ind., March 4 Fire today did damage to the Virgil Ashby drug store, estimated at $15,000. Ashby was overcome when be entered the building to help firemen. : He was rescued.

something to eat. Efforts to get a job failed." Morton said. The dapper bandit. held on burglary and grand larceny charges, admitted taking $37 from the cash register, police said. Detectives White and Rugenstein planned presenting his case to the Marion C ount y grand jury. Morton, identified by his spats by Miss Sarah Os-

SCHOOL BULBS Food stored T y y O through winter nurture HELPS ————— consrlrlit. I’amßton'l l*iotiire*l F(tnr Srl<

| MONO the earliest of the I A spring flowers which make I** our gardens and public parks beautiful are the georgeous tulips, crocuses, and hyacinths, which boldly thrust their leaves above the ground and often burst into splendid blossom before tHo snows have entirely vanished before the mild breezes of spring. What is the secret which enables these an<l other (lowers to beat their rivals in the race to greet the spring? It is that they grow from bulbs, or bulbil!*- stems, in which food has been stored through the long'winters to give to the young plants a quick start over other plants which have to draw their food from the soil as they need it. Ip>t us see how this food is stored. Cut a tulip hulb in half, or an onion, which is also a bulb. You will see that it is made up of a number of thick fleshy layers, protected by dead, tough, papery leaves outside. In the center are thick little hud scales, from which the new plants grow. The broad surrounding scaleloaves. as they are called contain the food fop the young plants held in storage until they need It for their growth and development. If you look closely at a crocus "bulb,” you will sec that it is different from the tulip or onion bulb. All the scale-leaves are thin and papery, and the food Is stored in { the stem itself, which is swollen to u white rounded lump. A bulblike stem of this sort is called a cortn, and the familiar crocus as well as many wild plants such as the Jack-!n-tlie-pulpit, Is thus provided. Still other plants store food for the coming season’s growth In tubers and roots. Stocks, which ant much thickened underground stems of various forms. You will notice that in the potatne. which is our most familiar tuber, the scale leaves are tiny little things, with the buds In (heir axils. If you cut off a Piece of potato containing a bud —

PAGE 13

BOARD PLANS TO MAKE CITY HALL REPAIRS Will Obtain Core Testing Machine to Check Paving Work. Complete repairs for the city h*ll, a project delayed many month*, xrlll lie undertaken at once by tho board of works, Roy C. Shaneberger. president, announced today. First attention will go to tbc leaky roof which Shaneberger said is responsible for many other defect*, including crumbling plastering ami discolored council chamber walls. The roof was tepaired by the Shank administration, but tho leak* persisted. To Test Paving Shaneberger mui I tho boar! w,ll ohiitl tin core tutting machine to check the type of paving contractor* are laying.* Wednesday Shaneberger warned all contractors the city will demand honest work. "We have a right to know who tlie honest contractor* are," he said. "And we surely will deal only with them. Wo are going to make tho contractors use the same prudence in working for the city that they would use In conducting their own business," Scores Practice Shaneberger scored tho practice of persons petitioning for sewers and then asking the city to relieve them of part of their assessments, when the board decided to make no reduction in assessments for tho sewer in Baltimore Ave., from llloyd t> Temple Aves. "I’m Scotch and I don’t wear rubber heels; they give," Shaneberger added.

PHONE BIRTHDAY ON WEDNESDAY Indiana Center of Bell Population. The telephone’ll birthday next Wednesday will bo observed by Indiana Bell Telephone Company employes by the wearing of a button on which tlie numeral* M and a telephone appear. The telephone will be 60-years-old Alexander Graham Belt, March 10. 1856, in a Boston workshop, spoke into u crude instrument, "Mr. Watson, come here. I want you." Bell's young assistant in another room, on the other end of what later became the telephone, heard, and rushed into Bell'* room, shouting, “I heard you." That day there were two telephones connecting two rooms. Today, Bell officials said, there tiro nearly 1 T.fioO.ooo phones connected by 45,000,000 miles < f wire, spanning the continent and reaching out Into Canada and Cuba. Indiana is the center of tho telephone population of America. ROBINSON IS CANDIDATE Coroner Seeks Kciiomiiiation on Republican Ticket. County Coroner I nnl F. Robinson today announced bo would seek nomination for re-election to bis office at the Republican primary in May. Robinson, who took office Jan. 1, has investigated 700 cases of violent deaths during that period. "If re-elected I shall continue my campaign to reduce the number of deaths by accident in this county to a minimum,” Robinson said. "I stand on my record." Another entrant into the Republican race for coroner, was William D. Beanblossom, 1321 W. Ilay St., iui undertaker. Beanblossom was second in the primary race two years ago.

or eye, ns you call it—and plant It In the ground or keep it in a warm place, it will sprout and begin to form anew potato plant. Tha Iris, bloodroot, mandrake, various kinds of grasHCfl, and tmuiy other plants grow' from rootstock*, which look like large thick roots, hut are really underground sterna, because they have scale leaves. Plants which have such underground structures enabling them to pass through summer draught and winter cold and to develop with great rapidity iluiing the favorable season, nr called "geophytos" or geophllus plant*. Nearly all tlie typical spring flowers lielong to tills class, titling all their growing between the first coming of spring and the development of the heavy forest folioge which shuts them off from the sun’s direct light.

Compton’s Pictured Encyclopedia Answers questions, historical, scientific and biographical, with pictures and simple text. L.S.AYRES& COMPANY State Agents