Indianapolis Times, Volume 37, Number 269, Indianapolis, Marion County, 12 March 1926 — Page 27

MARCH 12, 1926

PORKER VALUES HOLD FULLY STEADY

RESERVE BANK JREPORT SHOWS EASIER CREDIT Rediscounts Reduced and Ratio Is Boosted to 78.8 Per Cent.

Average Stock Prices

Average' price of twenty Industrial stocks for Friday was 153. oq .13. Average price of twenty rails for Friday was 110.41. ud 1.72. Bit United Press • NEW YORK, March 12.—Improvement In the credit situation resulting from recent liquidation in stocks was reflected in the weekly statement of the Federal Reserve Bank of New York, which showed a reduction of 16,500,000 in rediscounts and a strengthening of reserve ratio to 78.8 per cent against 78 per cent a week ago. This indicated 4 per cent call money was likely to continue available for speculative purposes and helped to encourage bullish sentiment. The general market displayed a confident tone in early dealings with rails and oils in brisk demand. Professionals kept fighting the recovery in the general list around noon, but were prevented from Jw-inging about a reaction from rein various classes of stocks. Following a boost in strength in rails, a bullish demonstration was staged in oils, under the leadership of General Petroleum. The latter spurted 3 points to 61%. Motor shares were conspicuously strong, General Motors advancing 1% points to 127, anew high on the recovery from the recent break, while DuPont sold at 223%, up 1%.

Commission Row

Prices to Retailer* Prtilt* Apples—Jonathan, 40-pound basket. 51.75 @2; Grimes Golden. 40-pound basket, $1 75@2: Delicious 40-pound basket. *2.75: W Bananas 40-pound basket. §1.75: King Davids. 40-pound basket. 81 50: Baldwins. $1.7502- Staymen Wineeap box, 83- Northern Spies 40-pound basket. $1.75. Bananas—Bc a pound. Cocoanuts—Jamaica $5.50 for 100. Grapefruit—Florida. $3.50 @O. Demons—California, box,’ $o 0 5.25. ..imes—sl.soo2 a hundred. OranirPS—California navels $3.75 00.25: Florida. $4.2505. Pineapples—Cuban, crt., $4 05.26. Strawberries- —Florida qt. 55 0 65c. Tangerines—Fla crt $37504.25 Vegetables Artichokes Fay California. $1.25® 1.50 dozen. Asparagus—California, case [email protected]. Green Beans—sl4 Beets—H. G.. bu.. $1: Southern, bu.. $2.2502.50. Brussels Sprouts—Fey California, pound ~ 6 Cabbage—Danish. S6O 085: for Texas. SBS 090 ton. Carrots—H. H. bu.. $1.25: Texas, bu., $1 75 0 2. Cauliflower —Colorado crt.. $2.25 02.50 Celery—Florida. $4.5006. Cucumbers—H. G. doz.. £4.50 Eggplant—Florida, doz.. $2.60 03. Endine —Texas. $3.7504 bu. _ Garlic—Fey. California. 150 lb. .Kale—Eastern bbl.. $2.3502.50. ■'Leek—H. G.. 60 075 c bunch. ” Lettuce —Western Iceberg crate. s3® 4.26- H G. leaf 15-pound oaexet $2,160 2 25 Mangoes—Florida truna. $7.60 08. Mushrooms Fey 3-oound basket. Onions-—Spanish crt.. $1.5001.65: B G red and yellow. 100-pound bag. $2.50 @2 75: southern shallots, bbl.. S9OIO Onion Sets —White. $_6.5006.76 nag; red and yellow. $5 05.25. Parsley—Fey H G.. doz.. 60 0 60c. Paranips—sl.sool.7s bu Peas—California, crt., $6.75 0 7.25. Potatoes —Micnigap white. 150-lb sack. St 0 8 25; Idaho, per cwt., $505.25: Ohio. 120-lb sack. $5 60 05.75- Florida TriUE 25 030 c doz H. G. button. $1.1501.35 doz Rhubarb—H G bunch. 50 075 c. Rutabagas—Fey $1.50 01.75 cwt. Bpinach—Texas bu.. " r scosl. Svee t Potatoes— Jersey bu. $2.75: NiaDcv’ Hall. 75(??2. Tojiatoe*--Crt., si.c-basket. $6.50®6.75. Turnips—New H 0 bu. #1.35 01.50

Produce Markets

F.frsrs —Strictly fresh delivered at Indianapolis. 23 @ 24c. Butter 1 wholesale prices) Creamery, best grade, a pound. 45 @ 47c; buying price for packing stock. 25c Poultry—Hens. 25@28c; -2c: springers 25@26e: Leghorns and blacks. 30@22c; young turkeys. 35c: ducks, 19 0 20c. Cheese (wholesale buving prices—Wisconsin daisies 20c: Longhorns. 26®27c Limburger. 27028 c: New I'ork cream. 30 ® 31c. CHICAGO. March 12.—Butter—Receipts, 8.352: creamery. 43c: standards, 42%c: firsts. 40t4ff141%c: seconds. 37® 37%c, Eggs-—Receipts. 14.419; ordinaries. 20%e; firsts 25 V> @26 % c. Cheese— Twins. 21 %e: Americas 22 410. Poultry —Receipts, 1 car: fowls. 30c: springers, 32c: ducks. 30®32c; geese. 19c; turkeys. 35c; roosters, 21c. Potatoes —Receipts, 172 cars: Wisconsin sacked round whites. 54.15(0)4.30: Minnesota sacked round whites. $.3.90®4.15; Idaho sacked russets. $4.10<®4.30 . _ NEW TORE. March 12.—Flour—Firm, mulct. Pork—Dull: mess. S3O. Lard— Br irrn: middle-west, $15.25® 15.35. Sugar —Steady: 90 test, 4.02 c: refined, dull; franualted. 5®5.15c. Coffee—Rio No. 7. 8 H @lB Vic: Santos No. 4. 23 >4 @24 He. Tallow-—Dull: special to extras. 9 % <oi 9 Vto. Hay—Steady: No. 1. $1.35: No. 3. $1.05® 1.15: clover. $101.35. Dressed poultry—Firm: turkeys. 35®57c: chickens. 22047 c; capons. 30054 c: fowls. 30 ®.34e: ducks. 22®23c: Long Islands. 35 ®37c. Ltve poultry—lrregular; geese. 14 ®2oc; ducks. 17® 34c: fowls. 33® 34c; turkeys. 30@40e: roosters. 30c- broilers, 50® 65c. Cheese—Steady: state milk, common to special. 37® 27 tic: young Americas. 25 026 V, c. Butter—Steady; Receipts. 6.685; creamery extras. 43c; special market. 42H®44c. Eggs—Steady; receipts, 29.958: nearby white fancy. 36 ®.37c: nearby state white. 31035 c: fresh firsts. 28 @2B Vic: Pacific coast, first, to extras. 30038 c; western whites. 31 0 33c. Wholesale Meat Prices Beef —Native steers. 500 to 800 ibs. 18® 20c: fores under carcass. 2c- hinds over carcass, 4c; native heifers. 300 to 450 lbs. 18 0 20c: fores under carcass 2c; hinds over carcass. 3c; native cows 400 to 700 Ibs. 12 i @l3 tic: fores under carcass. 2c; hinds over carcass. 3c. Pork —Dressed togs 140 to 200 lbs. 2014 0 204ie- regular picnic hams. 4 to 14 lbs 17@1754c- fresh tenderloins. 53c Veal—carcasses. 70 to 200 lbs 20V>@24tic hinds and saddles over carcass 8c: fores under carcass 6c. Mutton—Srine lambs 25 to 40 lbs 27<SHIPPERS’ FORECAST North and West., 15 to 22; South and East, 20 to 28. 42 YEARS OF SERVICE Street Railway. Accounting Workers Give Surprise for Employe. Thirty-nine employes of the Indianapolis Street Railway Company accounting department, headed by iMrs. Inez Faucett, foreman, gave a surprise buffet luncheon the offices today in celebration of W. Fb Milholland’s forty-second anniversary with the company. Milholland was presented with a table lamp. Joseph A. McGowan, secretary-treasurer, spoke. Other special guests were Robert I. Todd, president, and John Appell, vice president.

New York Stocks

All Quotations New York Time —March 12— „ Railroads— Prev High. Dow. 1:00. close Atchison ...129% 129% 129% % At Coast D 228% .. . 228%, 223 B. & O 92% 91% 92 91 % Can Pae ... ... 15b % C. & 0....134T4 133% 134% 132% C. &N.W.71 •% ... 71 70 % C„ R. &P. 49% 48% 49 48% D & Hud. 170 167% 169% 16i>% D A Dacka 146 144 145% 144 Erie 30% 29% 30% 29% Erie Ist nd 41% 40% 41% 40 Gt No pfd 73% 73% 73% 73% Lehigh Val ... ... • • • D. &N. . . 132% ... 132% 132% Mo Pac pfd 81% 79% 81% 79% |N Y Cen. 128% 127% 128 128% NY N H&H 38 % ... 38 % 38 % No Pacific. 7214 ... 72 % 72 Nor & W.. 151% 150% 150% 152% Pere Marq 87% 87% 87% 87% Pennsylwai.. 5S 52 53 2s™ Reading . 80% ... .86 86 S Railway 115% ... 115% 115 So Pacific 100% ... 100 % 100% St Paul . . 12% ... 12% 12% St Paul pfd 18 % ... 18% 17 St D&SW 67 % 66% #07% 66% St D & S F 95% 95% 95% 90% Union Pac 145% ... 14j>% 145% Wabash .. 43% 43% 43% 43% Wabash pfd 73% ... 73% i3% Rubber*— Fisk Rub.. 19% ... 1?% 1?% Goodrich R 65 % 65 On % tin % ttoodyr pfd 105% ... 100 % lOn % Keily-Spg... 17% U S Rubber 70% 7o 75% 70% Equipments— Am C& F 102% ... 101 % 102% Am Stl Fd 43% ... 43% 43% Am Doco. 103% 102% 10210.> Bald Doco 109% ... 108 % 109% Gen Elec. 331 ... 328 328 % Dima Doco 63 61% 63 61 P Stl Car ... . . . (>/. Pullman .i.60% 1.58 % 160 Ry Stl Spg 67% 67% 67% 64,% Wes Airb. 118 ... -*.lB 3-*' Wes Elec.. 72% ... 72% #2% Steeds— Bethlehem.. 43 % 42 % 43 % 42 % Colorado F 31% 31% 31% 30% Crucible ..73 71% 73 71% Gulf States 80% 80 SO% !?. P R C & f 42% 41% 41% 41% R I & Steel 57% 57 57% 56% Sloss-Sheff. 119 117 118% 117% U 8 Steel. 127 126% 127 126% Vanadium... 30% ... 30% 30% Motors — Am Bosch.. 24% ... 24% Chandler M 21 .“1 n firX? Gen Mot.. 126% 120% 120% 125% Mack Mot 126 125% 126 126% Martin Parr 21% 21% -1% Chrysler .. 42% 41% 42 41% Hudson .. 114% 113 113% Moon Mot. 33% 33 33% 33% Studeba^ker. 58 % o 7 % ™ Stewart-W.. 84% 83% 83% Timken ... 62 % 52 % 52 % 52 % Willys-Over. 27% ... 27% 27% Pierce-Arr.. 33% 33 33% 33 Minings— Dome Min. 19% 19% 19% 1? Gt No Ore. 25% ~. 25% -.0% Int Nickel. 39% 38% ,3f?? Tex G& S 135% 135 130% 13a Coppers— Am Smelt 131% ••• 131 *3l Anaconda... 46% ... 46% OA.lt Inspiration. 24 % ... 24 % 44 -s Kennecott. .54 % 54 % 64 % 64 % Ray Cop.. 11% ... 11% I* 2* U S Smelt.. 44 ... 44 44% Oils— Cal Petrol. 36% ... 36% 36% Mid-Con P.. 32% ... 32% 32% Houston O ... --- • ••-, 54 % Marland Oil 56% 56% °6% 09 % P-Am Pete. 66 66 b 6 6n % P-A P (B) 66% 66% 66% 66% Pacific Oil. 65% §O% 60% 5o > Phillips P.J 46% 46% 46% 46*H> Gen Pete.. o 9 % 08 % §§ £ Pure Oil . . 21% ... 28% 28% Royal Dut 52 ... ol % 62 % S Oil of Cal 57% .... 67% 67 S Oil of N J 42% 42% 42% 42% Sinclair .. 23% 23% so?* Texas Cos.. 52% 61% 62% 02% T Cont Oil -3% Industrials— Allied Ch.. 130% 129 129 128% Ad Rumeiy , ••• --A., Allis Chaim 86% ... 86% * Amer Can .313 312 312 311% A H & D pf . . ... ••• -go Amer Ice ..125% ... 12n *24% Cent Death 17% 17 17 17 % Coca Cola 141% ... *4*^ Certadnteed. 46% 46% *5% 46% Cont Can.. 82 Vi ... 82 81% Dupont ... 219% 219 219% F Players .326% 124% 120% 1~4 V* Gen Asphalt 68% ... 08 67 In Cm Eng. 48% 4/% 48% 46 % Int Harv ..124% 124 124 124 May Stores .. ... •• • , Mont Ward 72% 72% 72% 72% Natl Dead. ... ... ... lo7V* Owen Bottle . . ... . • • "4 Radio 37 \ ... 37 \ 38

Indianapolis Stocks

—March 12— American Central Life 200 .., Am Creosoting Cos pfd 100 Vi ... Advance Rumeiy Cos com ... Advance Rumeiy pfd ... Belt R R com 69 73 Belt R R pfd 54 Cent Ind Power Cos pfd .... 89 % 92 Century Bldg pfd 99 ... Citizens Gas Cos com 44% 46 Citizens Gas Cos pfd 105 ... Commonwealth Loan pfd... 98 ... Eauitable Securities com... 51 ... Hook Drug Cos pfd (clase A) 26% ... Indiana Hotel com 100 ... Indiana Hotel pfd 100 ... Indianapolis Gas 57% 80 Ir.dpls A Northw pfd 44 ... Indnls A S E pfd 10 Indpls Street Railway . ... 61 64 Interstate Pub S prior lien. 100 ... Merchant P Util Cos pfd 97 Public Savings Ins Cos Il ... Ranh Fertilizer . . . .' 48 ... Standard Oil of Ind 65 ... Sterling Fire Ins 12 ... T H I A E com 2 5 T H I A B pfd 30 40 T H I A Lt Cos 90 Union Title com 100 ... Union Trae of Ind com Union Trac of Did Ist pfd. ... 10 Union Tran of Ind 2d nld. , . 2 Van Camp Pack Cos pfd... 3 9 ... Van Camp Prod Ist pfd... 94 100 Van Camn Prod 2d pfd ... 91% 95 Wnhash Ry Cos com 43 ... Wabash Ry Cos pfd 73% ... —Bonds— Belt R Rand Stk Yds 4s. . . 88 ... Broad Rlnple ca 74 ... Citizens Gas 5s 96 97% Citizens St Rv 5s 88% 89% Indiana Coke and Gas Bs. . . 95 97 Didiana Hotel 5s 97 . . . Indiana Northern 5s 8 ... Tnd Rv and Light 5s 92 % Tnd Union 5s 6 ... Indpls Col A So 98 100 Tndnls Gas 6s 97 98 Indpls Lt and ut . . .1o” % T ndn's A Martinsville ss. . . 08 73 Tndnls Northwestern ny Tndn’s Northern 5s ....... 30% 34 Tndnls Northern oerttfleatee.. 08 ... Indpls A 9 E 5s 10 Indpls She’bv A S E ss. . . 6 ... Tndnls St Rv 4s 68% 68% Indpls Trae and Term ss. . . 93 95 Tndnls Union Rv 5s 100% ... Tndnls Union Rv 4%s .... 99% ... Tndnls Water Wks sec 97 ... Tndnls Water 5s 103 . . . Indpls Water 4%s 92 94% Interstate Pub Seiv 6s .... 99% 101% Interstate Pub Serv 6%5..102% ... T H-I A E 5s 77 82 T H T and Light 92 ... Union Trac of Ind 6s 27 30 Union Traction certificates. . 25 ... —Bank Stocks— Aetna Trust and Sav Cos. . . . 112 ... Bankers Trust Cos 129 ... City Trust Company 141 ... Continental National 109 ... Farmers Trust Cos 235 ... Fidelity Trust Cos 154 Fletcher American 155 ... Fletcher Sav and Trust C0..241 Indiana Natl Bank 260 Indiana Trust Cos ....225 209 Live Stock Ex Bank ,c... .160 175 Marion Countv State Bank. .160 Merchants Nat Bank 315 ... People's State Bank 225 ... Security Trust 225 State Sav and Trust 100 305 Union Trust Company ....345 382 Wash Bank and Tr Cos 150 —Liberty Bonds— Liberty Loan Ist 3%s .. 101.02 101.40 Liberty. Loan Ist 4%a .. 102.22 102 82 Liberty Loan 2d 4%s .. 100.80 100.90 Liberty Ix>an 3d 4%s .. 101.18 101.30 Liberty Loan 4th 4%s .. 102.50 102.54 U S Treasury 4%s 107.71 3 08.50 TJ S Treasury 4s 104.12 105.00 —Sales—sl,ooo Indpls St Rv 4s at 68% SI,OOO Didp’s St Rv 4s at 68% $5,000 Liberty Loan 4th 4%s at. . .102.50

In the Sugar Market

(Bv Thomson & McKinnon) NEW FORK March 12.—The eitnation in refined continues the most disturbing element working against higher prices in the sugar markets, some refiners are willing to do business at 4.90 to 4.05 cents. In the spot market some encouragement was afforded by the fact that slight advances were being paid for prompt shipments. Hedge selling is likely to play an important part in futures from now on, and this will keep the market more or less unsettled. Local Wagon Wheat Indianapolis mills and grain elevators are paying $1.66 for No. 2 red wheat. Other grades on their merit.

I By Thomson & McKinnon)

Sears Roeb 209 208% 209 , 208 Untd Drug 149% 148% 149% 149 U S In Ale 64 -% 54 % 54 % 65 % Woolworth 186% ... 186% 186% Utilities— A T and T 148% ... 148% 148% Con Gas .. 95% 95 95.% 95 Col Gas ... 80 ... 80 79% Peoples Gas 122 % ... 122% -121 Wn Union. .. ... ... 141 Shipping— Am Int Cpn 43% 42% 42% 42% A Sand C 11 % 9 1 s 11 % 9 Atlan Gulf. 45% ... 45% 45% I M M pfd 30% 37% 36% 36% Untd Fruit 274 . . . 274 273 Foods— Amer Suz.. 72% ... 72 72% Am Bt Sug .. ... ... 31% Austin Nich . . ... ... 22 Corn Prod .39 ... 38 % 39 % Fleischmarm 48% ... 48% 48 Cu Am Sug .. ... ... 25% Jewel! Tea. 83 ... 83 33 Postum ... 92% 92% 92% 91% Ward Bak B 63 % ... 63 % 64 Tobaccos—• Am Sumatra . . ... ... 11 % Amer Tob. .. ... ... 116 Con Cigars .63 ... 63 63 % Tob Prod B 108% .. . 107% 108% Lorillard. . . 40% ... 40% 40% U C Stores 98 97% 97% 98%

GRAIN FRIGES STARTSTRONG Good Advances Chalked Up in Wheat Trading. CHICAGO, March 12.—Grain prices opened higher on the Chicago Board of Trade today. The advance in the wheat opening ranged from % in the July delivery to 1% in the May, old. Predictions of a higher market are based upon the belief that with the domestic situation and close adjustment of the world supply to demand, together with higher Liverpool and Argentine openings today, as well as the report of the samliest stock of contract wheat ever know at this time of year, wheat prices are bound to advance. The Chicago market is congested and subject to sharp and wide price fluctuations. However local traders are of the opinion further advances are inevitable. The strength of the Kansas City, Minneapolis and Omaha markets also is given credit for enabling Chicago prices to maintain their present level. Corn opened fractionally higher. In lieu of its recent slump and natural quiet market, traders were not disappointed with today’s market. Oats opened fractionally up in the July and May delivery but remained unchanged in the September. Despite the slight advances this grain continues in a rut. Provisions opened lower. Chicago Grain Table —March 12— WHEAT— Prey. High. Dow. 12:00. close. May 1.64% 1.63 1.64% 1.62% May 1.62% 1.61% 1.62% July 1.42% 1.41% 1.42 1.41 V, Sept 1.36% 1.35% 1.35% 1.35 % CORN— May 78% .78 .78% .78 July 81% .81% .81% .81% Sept 83% .83% .83% .83 OATS— May 40% .40% .40% .40% July 41% 41% .41 Sept 42% 42% .42 RYE— May 92 .90% .91 .90% July 92% 92% .91% Sept .92 % 92% .90 Z DARD— May 15.05 1455 1500 15.00 July 15.27 15.22 15.25 15.22 RIBS May 15 50 July 15.40 CHICAGO. March 12.—Carlot receipts were: Wheat. 5; com, 213; oata, 36.

$250,000 LOAN WILL SE ASKED Charge Shank Left Many Bills Unpaid. The Duvall administration Is to ask council to authorize a loan of $250,000 to pay bills left by the Shank administration. Donald Roberts, assistant city attorney, said the ordinance would be presented Monday night. Other ordinances Roberts will present appropriates an indefinite sum to paint and redecorate the city hall, and $1,125 to pay salaries of seven members of the city building department examining board. Twenty-four white and Negro ministers were to confer with the council welfare committee today in regard to an ordinance to prevent persons of one race from living In a district occupied by those of another. REMONSTRANCE IS HEARD Under Advisement—Road Improvement Expected to Be Granted. County ocmmlssioners today took under advisement a remonstrance against the proposed Improvement of Keystone Rd. for one and onetenth miles in Washington township at an approxlmatte cost of $30,000. Members of the Butler-Fairview Civic Association who remonstrated argued all of the county and not Washington township alone should be taxed. Petitioners for the improvement declared it was a project for the township to build. Commissioners indicated they would grant the Improvement. and assess all the property owners of the township. DRAMATIC TRIAL ENDS Iron Worker Acquitted of Killing Woman’s Husband. Bv Times Bvecial ELIZABETH, N. J-, March 12. A verdict of not guilty late Thursday closed the dramatic trial of Joseph Cowen, an irbn worker accused of killing William J. Clark with a mason’s hammer on the early morning of Nov. 3. All the elements craved by courtroom thrill seekers were present in the trial —a triangle with a preety wife at the Apex—A brutal striking down of the husband from behind and the arrest of the alleged lover by the police simply because it was know that he was friendly with the wifr>.

THE INDIANAPOLIS MES

Sheep and Lambs Remain Unchanged—Calves Are Active. —nog Prices Day by Day— March Bulk Top Receipts 6. 12.25013.75 14.00 2.600 8. 12.25 013.90 14.15 3. 00 9. 12.25013.90 14.15 3,500 10. 12.75013.75 14.00 6.500 11. 1275014.00 14.25 5.500 12. 12.76 0 14.00 14.25 4.500 Values in the dog department of the Indianapolis Livestock Exchange remained fully steady in trading today. An average run of material was estimated at 4,500 and 197 holdovers from the Thursday session were added to the total fresh offering. Choice light weight porkers commanded the top price of $14.25, but were marked up at sl4 on the regular trading scale. Pigs brought the highest quotation. The bulk of the matured hogs were sold at prices ranging from $12.75 to sl4. Ilog Price Scale Trading was done over the following scale of values: Heavy weight material brought $12@13; medium stuff sold at [email protected]; 4ights averaged $13.75@14; light lights moved at sl4; pigs commanded the top price of $14.25: smooth packing sows were [email protected]; rough packing sows, $10.50 @ll, and stags were sß@ll. Trading in the cattle market progressed along steady lines and expected depressions failed to materialize. Steers were -weak in Thursday’s session and the decline was expected to continue but one leading buyer quoted the entire market as steady. Cows were rather weak however, and sold at $5®’7.50; heifers were unchanged at s6@lo. Receipts, estimated at 700, were light, and this factor coupled with the fact taht some of the leading men wre out of the trading, probably saved the market from a downslide. Choice A small run of sheep and lambs was estimated at 200 and was absorbed in an orderly style. Prices were fully steady with native and western stock bringing the top quotation of $13.50. Not many choice quality ovines were in evidence. The calf market was active and prices held steady. Receipts were estimated at 900 and the top price was placed at sls. The bulk of the sales were made at $14.50, which represented a somewhat stronger tone than Thursday. —Hoc*— Hea-rie* sl2 00 013.00 Medium 13 75 013 50 bight hogs 13.75014.00 bight lights 14.00 Pig* 13.60014.25 Smooth sow* 11.25 011.50 Rough lows 10 60011.00 Stag* 8.000 11 o<l -CattleGood to choice fat steer*. . .$ 9 50011.00 Medium and good steers . . 800 0 9.50 Common steers 6.00 W B.lit) Choice heifers [email protected] Common to fat heifers 4.50 0 6.75 Prime fat cows 6.00 0 8.00 Calve* Best veals $15.00 Bulk of sales 14.50 Common calves 7.50011.60 —Sheeo and Lambs— Choice western lambs ....$13.60 Choice native laiube 12.00 @18.50 Good to choice sheep 6.00 0 7.00 Other Livestock CHICAGO. March 12.—Cattle—Receipts, 2.600; fat steers strong to 10 @ 15c higher. better grade* principally; bulk medium steers. $11; lower grades, $10,500 10 85. medium to steady; heifers up to inside figure; bulk. $9 010.35: u-tive trade in she stock: supply comparatively scarce; vea ers. sl2 012.,6. easy. Sheep R,v eeipts, 12,000; trade active: light and heavyweight kinds in demand; shade higher; several to traders, sl3 750 14; some feeders, medium to good. $18.26; heavyweights down. $11.60; bulk sheep very scarce; no early sales; nothing done In feeding and shearing lambs; indications fully steady. Hogs—Receipts 28.000; muket steady to 15c higher; top. $14.20 1130 pounds): bulk, $12.50013.50; heavyweight*. $11.50012.30: m< dluniw eights. $11.50013.30; lightweights, $12.25014; light lights. 512.20014.26; packing sows. $10.40 011; slaughter pigs, $13.50014.25. CINCINNATI March 12—Cattle—Reeeipts, 460; market, steady; shipping steers, good to choice. $9 010. Calves— Market, steady; good to choir*. sl3 014. Hogs—Receipt*. 4.200: market, uneven around 25c lower, good to choice packers and butchers. $13.25013.75. Sheep— Receipts. 400' market, steady: good to choice, $6 08. Lambs—Market, steadv. good to choice 514014.50. CLEVELAND. March 12.—PoultryHeavy express fowls. 83 0 34c: Leghorns. 25c; springers 33 0 84c Leghorn spring ers. 28 0 29c; roosters 18019 c Butter— Extra in tube. 45%@46%c; extra firsts. 42%@47%c: firsts. 42%c' packing stock. 32c. Egg*—Northern Ohio extras. 30%c: extra firsts 28c: Ohio firsts 27c; western firsts. 26 %,\ Potatoes—Ohio. $2.5002.60: Idaho bakers. $6 60 per 100 pound sack: Wisconsin. $6.25 per 150pound sack CLEVELAND. March 12.—Hogs—Receipts. 8.000: market 25 0 40c lower: Yorkers. sl3 850 14.25: mixed $13,750 13.85: medium. $12.75013.50; pigs. $14.25: roughs $10.50: stags $7.50 Cat tie—Receipts. 200 market, steadv: choice yearling steers. $lO 010 50; good to choice butcher steers. $8 0 0.60: fair to good butcliex steers. $708: good to choice heifers. $809: good to choice butcher bulls $6 0 7.50: good to choice cows. $5 @6.75: fair to rood cows. $4 @5: common cow-s. $3 04: milchers and springers. $750125 Sheep and lambs—Receipts, $500: market slow: top. sl4 50 Calves —Receipts. 200; market, steadv: top. $15.50. TOLEDO March 12.—Hogs—Receipts. 1.100; market. 25c lower: hravlee $l2O 12.25; mediums. $13.250 13.50: Yorkers, $14014.25; good pigs. $14014.25. Calves —Market, steady. Sheep ana lamb*—Market. steady. GEN. BUTLER SLAMMED Chicago Hostess Says Marine Act Is Unpardonable. Bu United Press CHICAGO. March 12.—“ The laws of hospitality were established before the Volstead law was ever dreamed of,” said Mrs. Lawrence Whiting, one of Chicago's best known hostesses, in commenting on Brig. Gen. Smedley O. Butler’s action in having his host arreeted for serving cocktails. “In filing charges against Col. Williams for conduct unbecoming a gentleman General Butler was guilty of the same fault himself. His, too, was conduct unbecoming a superior. “General Butler must have been suffering from a grouch or else be had too many cocktails himself. His act would be considered unpardonable In any good society. It la a fortunate thing that General Butler was not a guest at a dinner in Washington. At almost any table there you’ll find a cocktail.” STRUCK BY ROLLER Ed Davis. 323 N. Delaware St., today Is improved at city hospital, where he was taken late Thursday after being struck on the head by a large wooden roller that fell from a building at 203 Massachusetts Ave. Police say he is employed by the R. H. Goodrich Construction Company and was aiding In placing a sign when the roller felL

TALK ON MUSIC AT CONVENTION IS BROADCAST National Federation President Gives Address Over WFBM. Mrs. Edgar Stillman Kelley, National Federation of Music Clubs p-esldent, addressed the State Federation of Music Clubs convention at the morning session today at the Lincoln. Her subject was "The National Federation of Music Clubs as a Cultural Asset.” The talk was broadcast over WFBM. The Christamore Settlement House Chorus gave a program of songs, and Mrs, Herman C. Wolff of the Indianapolis Matine Musicals gave a program. Balloting on nominees will continue until Saturday noon. Mrs. J. P. Reid Sttsele was proposed for president, and Mrs. Frank Van R. Bunn as second vice president. Concert Tonight A concert by members of federated clubs will be jjiven tonight. On afternoon program were Dr. Henry Noble Sherwood, State superintendent of public instruction, and Dr. W. W. Boyd, president of Western College for Women. Tonight’s Program The program for tonight Is; Industrial Music. Mrs. Steele. Chairman “O Italia Beloved” Donizetti ■'Silent Heroes' (’’Chimes ol Nor mandy ’) Blanquette Solo: Walter Norman. “Studlantlna” Macombe Real Silk Mills Chorus. Indianapolis. Arnold Spencer. Director. Louise Gibhs. Accompanist. Concert by Members of Federated Clubs. —Program— Oraran—'Corcert Overture In A’’.Rollo Maitland “Treika en Traineaux” (Transcription by Mrs. Aumann) . Tschaikowsky Josephine Aumann. Sheibyi i*lo. Chorus—- “ The Snow” Edward Elpar Violin Obligato: Mrs Laila Layman, Miss Frances Nlcholeim. “Beauteous Morn” ... Edward German “Sleep. Little Baby” Colin Taylor (Slumber Sinus of the Miuloima.) Matinee Musicale Chorus. Kokqmo. Blanche Woody Wautz. Director. Emma Dons Bruner. Accompanist. Piuno—- • Romance in D Flat" Sibelius "L'Alouette" (The Lark) Glinka-BaJakirew "Waltz In A Flat," Op. 42 Chopin Alice M Mxnnlmrer. Winner of State Contest in Piano. 1925. Alto Solo—- " The Crystal Gaz“r".A Walter Kramer "Dreaminy Hoplny Dreaming” . Fin.ey "Spring Sony of Robin Woman" (Shanewis) Cadman Ali< T. Lin-as. Muncls. Mrs. Kiser. Accompanist. String Trio—“Dalvisa" (Swedish Foil; Song)... Herman Sandberg Prelude to "The Deluge". . . Saint Saeris "Floods of Spring” Rachmaninoff Llnco'n Trio. Indianapolis. Mrs. Julia Brown Bodn#r Violin. Mrs. Carl Lleber, Cello. Mrs. Berta Miller Rulck. Plano. Soprano Solo—- “ The Modest Rose" Edgar Stillman Kelley "The Lady Picking Mulberries".. . “My Silent Song”. Edgar Stillman TCoilev Lillian A. FHekinger. Indianapolis. Paula Kipp, Accompanist. Harp Ensemble— Poem—' The Rosary” Pinto "Marche Majestic" Chalmers Louise S, helpchmidt Koehne. Director. Alberta McCain Gaunt. Helen Harrison G'n„brpnner. Helen Harrison. Indianapolis Matinee Musicale. Chorus—"O Light Eternal” Verdi Solo: Mr. Orr. "Doan Ye Cry. Ma Honey" .Noll-Sr.iith ‘‘A Plainsman's Song" .......... Blisa Murat Chanters. Indianapolis. Bertrand Alan Orr, Director. Palmer C. Layeoek. Aeeompaniat.

ELEVEN SPEED CHARGES MADE Motorists Arrested by Police During Night. Eleven alleged speeders were captured by police Thursday night. At city prison they gave their names as: Earl Hawkins. 19, of 2432 E. Washington St.; Merrill Jolliffee, 39, of 347% E. Washington St.; Frank Alee, 26, of 872 Udell St.: Joe Loughrin, 28, of 1921 N. Illinois St.; Willard Dixon, 23. of 2456 N. Sherman Dr.; Robert Dlttrick. 19, of 1023 Park Ave.; Robert GUtss, 23. of 16 N. Wilcox St.; Sam Pata, 29. of 1114 W. Tenth Bt.; Bolden Allen. 27, Negro, 4171 Washington Blvd.; Stanley Murray, 21, of 4647 Rookwood Ave., and Bllbert Adams, 21, of 224 W. TwentyEighth St. * FIRE BLAME TO BE FIXED Blame for the fire which destroyed a grain elevator at Cumberland a week ago is about to be fixed by State fire marshal operatives. It was learned today. Total loss In the fire was about $16,000. Several persons connected with the elevator, said to have been a co-operative, were examined today.

$75,000 PROMISE ASTONISHES WOMAN

Mrs. Eugene Sparks Tells of Befriending 'Tramp Boy.’ "I’m just too excited and happy to know what to do.” was the way Mrs. Eugene Sparks of 962 W. Twenty-Ninth St., felt today at the prospect of receiving $76,000 because she took In a “trampr” boy, and cared for him. Through a letter to police published In The Times Thursday, Mrs. Sparks received word O. G. Dowsery of 19 W. Main St., Marietta, Ohio, wants to give her half of a $150,000 fortune he claims an old Chinaman left him, VOsie came to me in about 1908, when he was fourteen years old,” Mrs. Sparks, then Mrs. John Winstead, explulned. “Somebody asked me to help him. He was penniless and had almost no clothes. I was having a hard time myself, but he was a sweet child and I took pleasure In making over old clothes for him and In making him comfortable. ” 'You’re the first person who has ever shown me any kindness,’ he used to say. He called me ‘mother.’ He had run away from an orphans’ home in Texas. He had no memory of his parents and said he had not a relative in the world. "He bearded with me for three years and always came to me for advice. Went to take

Wounded Deputy and ‘Chase’ Car

*> • > ■* _ ’ - „w. ■ yf ?V*|

Deputy Sheriff Kagan standing by the automobile In which he was riding when lie was shot, wliile cliaeing rum runner*, Tlnuvday night.

RURAL EXODUS IS MYTH Kansas College Professor Denies Farms Are Abandoned. MANHATTAN, Kas., March 12.--Professor Walter Burr of the Kansas fcate Agricultural College here says that the popular notion that farmers are leaving the country to live in the city is more of a myth than a fact. “There is no rush to the ciUes and the farms are not being abandoned,” says Professor Burr. "The decrease in rural population t eed cause no fear that the people of the cities will starve.”

‘PRESSURE’ OF GOD DISCUSSED Lenten Speaker Says Man Is Pushed Toward Goal. The Venerable ’William Burrows, archdeacon of the Episcopal Diocese of Indianapolis, preached the closit g sermon of the third week’s Lenten series at Christ Church at noon today, discussing "Pressure.” "The thoughtful man is aware of the presence of pressure In human life, pressure that comes from without,” he said. “To the Christian this is the pressure of the hand of God. As It is true in the field of the physical and mental, so is it true in the field of the spiritual and moral. God is pressing humanity toward a goal. The yielding of the individual to the pressure of God is expression. We are free to express our life in the direction of God’s purposes, or contrary to God’s purposes. This is man’s free will. If a man goes contrary to God’s purpose. God’* grace is changed to man’s disgrace, and the ease of following God’s courage becomes disease.”

MAYOR ILL AT HOME Duvall Has Tonaolltls—Results hi Swelling of Neele. Mayor Duvall today is ill at his home with a severe sore throat which has resulted in considerable swelling of his neck. However, it was said the trouble is tonsiiitis, not the streptococcic sore throat which was prevalent here several weeks ago. ARREST CAUSED 3Y TAG Man Charged With B'Jnd-Tipor Wlien Alcohol Is Found. Fox Roman, 33. Negro, 529 Bowman St., was arreeted today on a blind tiger charge after Sergeant McClure found seven gallons of alchool in rear of 1560 College Ave. McClure found new furniture In the house with Roman’s name on the tags. WILL IN TRUMPET Bu United Press SANTA CRI'Z. Cal.—A missing will disposing of a home and several’ lots possessed by the late George Wallace, who died last October, was discovered recently when a daughter picked up the ear trumpet of her aged father. She heard a slight rustle and took out a piece of paper dated Oct. 8. 1925. telling of a will giving her the entire estate.

.

Mrs. Eugene Sparlts

a position and I never heard of him after 1913. He cpuldn’t write more than his own name and depended on others to write his letters. My remarriage made us lose track of each other. "I’m astonished that he has this money which he said he will divide with me. It’s wonderful that It came to him. If I get this big sum I will try to help others.”

DOZEN HAWKINS DEFENDANTS TO SEEK REHEARING Appeals Court Confirms Fines, Terms Three Win New Trials. Attorneys for twelve men convicted in Federal Court for using the malls to defraud in the crash of the Hawkins Mortgage Company of Portland, Ind., today began preparation of petitions for a rehearing following confirmation of their fines and sentences by the Federal Circuit Court of Appeals. Chicago. Two local defendants in the case and a St. Louis man won new trials. Convictions of Morton S. Hawkins, company president; Anthony A. Schieb, Carl B. Anderson. William M. Webb, Harry J. Bohard, Mord Carter, William M. Jones, J. R. McCallum, Leo P. Harrington, John T. Sutton, A. R. Sax and Frajik P. Jaqua were upheld. Frank J. Haight and Frank OWillis, accountants of Indianapolis, won reversals which, it is expected the text of the decision will disclose, require new trials. William Sacks, a St. Louis millionaire, also won a reversal. Trial of the men was conducted late In 1924 In Federal Court here.

CLUBS JOIN IN S. H. S. BATTLE (Continued From Page 1) lng Thursday afternoon Lyday, Smith and Friedman signed a report and recommended the union send a letter to Charles W. Kern, board member, urlng him to have ■ the school erected Immediately on Thirty-Fourth St. To lie Submitted The report, which pointed out the various advantages of the ThirtyFourth St. site over the one on Forty. Sixth St., will be submitted to the central body Maren 22. Jackman and Berth said they thought Thirty Fourth St. was a good site, but wero not In favor of the report, and would each draft one to be submitted. Committee members w f ere at loss to explain why Board President Theodore Vonnegut has i.ot made his public statement citing the reasons for the majority faction's determination to build on Forty-Sixth St. At Forty-Sixth St. anew and complicated situation arose. A committoe headed by David W. Ooldrlck, announced many persons in the vicinity were in favor of having the school there and a meeting will be held at 8 p. m. Monday at the Meridian Heights Presbyterian Church, Forty-Seventh St. and Park AveGold rick said the purpose of the meeting will be to "boost” the Forty-Sixth St. site. He said the city Is rapidly growing north and this site is ideal. Members of his committee are Harry 8. Shepard and B. W. Heaton. In the same territory SI,OOO has been raised by Burdsal M. Forbes, lumber dealer, to old the welfare association In efforts to carry the case for Thirty-Fourth St. to the courts, If necessary. Pod Shows Opposition The Times took a poll In FortySixth St. vicinity about two weeks ago and found an overwhelming majority of resident* against the location of the school there. The South Side Boosters’ Club has publicly that members of the organization ars In favor of the school on Forty-Hlxth St. In the meantime, however, the board Is advertising the ThirtyFourth St. location fnr i sale at public auction at 10 a m. March 24. Resolution to take $120,006 from the special school fund to buy the For-ty-Sixth St. location, because the budget makes no allowance for this expenditure, can not be acted on until the next board meeting. March 23. Because the board acted on the; resolution to buy the Forty-31.xth St. tract from Frank F. Woolllng at the, same meeting It was proposed, the j agreement 1? Illegal and a second resolution to purchase Is tabled and will be acted on at the next regular meeting. The former agreement was rescinded. Business Director Ure M. Frazer, who was to begin condemnation proceedings on lota along Forty-Sixth St. belonging to heirs of the A. B. Kauffman estate, also la temporarily held-up In thla move until the next meeting because a resolution authorizing him to proceed, was tabled. FOIW EPS LEFT IN WOMAN Bu Times Special CHARLESTON. 111., March 12. Performing an abdominal operation on Mrs. John Mock, surgeons removed a pair of eight-inch forceps which had been left In the abdominal cavity following another operation a year and a half ago.

PAGE 27

PROSECUTORS’ FEES NOT TO BE RESTRAINED But Commissioner Says ‘lndividuals’ May Take** Action. Commissioner Cassius L. Hog!* today said county commissioners would not take any action to restrain Albert H. Losche, county clerk, from paying the three special deputy attorneys general prosecu tor’s fees assessed Id all liquor law convictions. However, Hogle said the matter has been talked over with “certain Individuals” who probably would seek court action before the next payment on April 10. Thursday commissioners said they thought the deputies, paid on a fee system, were recelvelng too much money. Prosecutor William H. fteniy, under whom the deputlee work. In statement asserted the pay Is not too exorbitant. He asserted they are securing many convictions. ‘The statement by Mr. Remy Is misleading, and not what I expected from a man who professes bis Ideals,” said Hogle. Under the statute the prosecuting deputy Is entitled to a $25 fee upon a conviction In municipal court. If any appeal la token and the conviction sustained, the defendant must pay a SSO fee. Under the law, the must conduct tholr office and employ help as well as take their salaries out of fees collected. During the post two months the fees have been In excess of SB,OOO a month. “Make the bootleggey pay. that Is the only way tA curb thla traffic," said Remy.

COURT RULES FORMARCUS Supreme Body Reverses Liquor Conviction. Supreme Court today reversed the Criminal Court’s conviction of George Morgan, alls* John Marcus of Bt. Louis, found guilty two years ago, of transportatlng liquor. Morgan was arrested Dec. 18, 1923, on the National Rd. west of Indianapolis when he drove up and stopped as Sheriff George Snider, a Federal prohibition agent and Horsethlef do tectlves wero Inspecting an nbnn oned automobile truck load of liquor. A pint of liquor was found In hi* car. In the Supreme Court opinion, written by Judge David A. Myers, the search was held Illegal. Arrest of Marcus lead to discovery of an Indlanapolls-St. Txtuls boor." ring and conviction of twenty-three persons In Federal Court here In the Jack Daniel liquor conspiracy cose. Marcus wits sentenced to fifteen months at Leavenworth penitentiary George Remus, Ctnelnnatl million alre "bootleg king," testified for the Government.

HUGE SWINDLE REVEALED | Ft. Wayno Miui Branded Confidence Man Extraordinary. By United Press FT. WAYNE, Ind. March 12Pollce today are seeking uddltlona! witnesses against Charles Edward Morris, confidence man extraordinary who Is held In Jail here on n fugitive from Justice charge. The man Is said to have attempted to sell Canadian real estate on what police clul mwns a forged gmnt. As security he Is said to have ex hlbited a forged will making him beneficiary of a $6,000,000 estate provided he married before his forty-fourth birthday. Morris also Is said to have sough! a bride. TABLEcToTH JS RELIC Contains Autographs of llfl Famous Author*. BAR MILT.S, Me.. March I<—An autographed tablecloth formerly owned by the late Kate Douglas Wlggin Riggs, widely known author, has been received by Mrs. J. W. Messervn of this village. The tablecloth, which the writer used when entertaining guest* at her home, hears the autographs of 115 notables of the past and present, Including Mark Twain, Henry Irving, Richard Hardings Davis, Carl Schurz and Annie Txiulae Carey. EMPLOYES ARE AWARDED Yaontlons With Pay Granted A.I T Veterans. Vacations with pay for employes of more than five years’ service were announced by officials of the Great Atlantic and Pacific Ta Company, chain store operators, at the second employes’ banquet at the Thursday night. More than 490 attended, Includ lng J. A. Undgren, vice preslden* In charge of this division, and H. \V I/ewts, Chicago, headquarters repre sentatlve. POLICE HOLD ‘ROOMER’ Man Said to Have Burglarized Six I lodging Houses. Polloe believe they have In eus tody a Negro thief who used throom for rent sign as a means of gaining entrance to the homes of his victims. After reutlng a room Charles Stoner. 23. of 219 Cole Bt., Is said to have stayed only one night at six places. When the other roomers awakened the next morning they discovered clothing and other artlrles missing. American leiephune and leiekraph Company IUI SYSTEM 146th Dividend The regular quarterly dividend of Two Dollars and Twenty-Five Cents ($2.25) per share will be pai l on Apnl 15, 1926, to stockholders of record at the close of business on March 15.1926. - iL BLAIR-SMITIi, Treasurer.