Indianapolis Times, Volume 37, Number 291, Indianapolis, Marion County, 7 April 1926 — Page 10

PAGE 10

HOG MARKET REMAINS FULLY STEADY

STOCK AVERAGE RALLY STARTS SHORT COVERING Buying Brings Additional Gains in General List. Average Stock Prices Average price of twenty Industrial stocks for Wednesday was 141.43 up l Average price of twenty rail stocks lor Wednesday was 107.01. up .9*. Bit United Press _ , , NEW YORK, April 7. —Tuesday s recovery in the industrial average carried Dow-Jones compilation to 142.43, a rebound of 7 points from the low point touched on the March break. This rally was sufficiently extensive to cause short covering in considerable volume and further buying for this account brought about additional gains in dealings. General Electric moved up a point to 311, Allied Chemical, % to 115; Mack Truck, 1% to 113%; Baldwin, i/ 2 to 104%, and Woolworth, % to 135. Industrials maintained a fairly good tone around noon, although rallying tendencies were prevented from gaining aggressiveness by a cautious note in the summaries of the steel trade conditions. The trade attitude brought good sized offerings of steel common into the market, whenever it advanced above the previous closing price of 123. However, this selling was absorbed without recession and fractional gains were scored by other industrial leaders.

Banks and Exchange

—April 7 I.OCAI. CLEARINGS Indianapolis bank clearings for . today amounted to $3.(578.000. Bank debits for today totaled $10,735,000.

Commission Row

Prices to Retailers Fruits Apples—Jonathans. 40-pound basket $2 7o- Staymen wtnesap. 40-pound basket $2- iJ H Baldwin 40-pound basket $176: Winesao, 40-pound basket $2 Grlmee Golden Dbl.. $5: Jonathans Dbl SO f>o Stavmen. bbl.. S6O 6.25 Rome Beauty. bl., $625. N H Baldwin bbl $0 Jonathan, box $2.75 Grimes Golden box $2 50; Delicious box $4; Winter banana box $3: Wmesap box j*>2.75 Stavmen box. $3.25; Ortley box $2.75 Cocoanuts—Jamaica SO for'loo Grapefruit—Florida. $3.50® 0 AO. Lemons —California box 80 76 06.26 Oransres California navels. $4.50® 0.50; Florida. $4<5.0.25. Pineapples—-Cuban crt. $7 ® o Strawberries —Florida Qt. 60c Vegetables Artichokes Fey. California. $3 0 3 jlsparagus—Georgia, crt.. $4.50; California, crt.. $4.50®5. Green Beans —$0.50 nmD. Beets —H G bu. $1.25' Southern ou. 81 Brussels Sprouts Fey California Danish 4c lb.: for Texas Carrots —H H. bu. $1.50: Texas bu. $1.76. Cauliflower —-Colorado. $2 crt _ Celery—Florida, crt.. $3 @4.A. Cucumbers —H. H. doz. ssoo—o. Eggplant—Florida, doz S3. Garlic —Fey California 15c >b Kale—Texas, bu.. $1 @1.25. l_,eek —H G. 86c bunco Lettuce—Western Iceberg, crt s4® a *o- h Q leaf 15-pound basket $1.65 Mangoes —Florida, trunk. $8.50 @O. M usnrooms Fey 3-nound basket Onions —Spanish hall ease $2.50. H_ G red and yellow, 100-pound bag. $2.25 50: southern shallots, doz.. 80c. Onion Sets While $7 bag- red and Ve OyTter S pfa°rit— H G 50 0 00c doz Parsley—Fey H. G. doz. 60e PeaeL—California. 45-pound crt.. $8.50 —Michigan white. $l5O-]b sack $7.2507.50- Idaho, per cwt. Soo Ohio 100-lb. sack. [email protected]: Florida Triumph, $4.50 fifty-pound hamper Radishes —Mississippi 200300 doz. 1 M G. button. $1.25 doz Rhubarb —H G.. doz., bunches, 60® Ssc: California. 40-pound box. $3 0 3.20 Rutabagas—B'cy Sl.oOfel 75 cwt Sassafrass —Doz bunches. Jw Spinach—Texas bu.. slOl 15 Seed Sweet Potatoes —Eastern yellow Jerseys, hmp.. 52.50% Indiana yellow Jerr sevs bu. $2; southern Nancy Halls, bu. 83 6’o: red Bermudas bu„ 82.50 ‘ Sweet Potatoes —Jersey bu. $303.50 Nancy Hall hmp $2.50 Tomatoes —-Crt.. six-basket. #7 6008 I Turnips—New Jl. G.. bu.. $1.75®-.00, new Texas, ert.. S4.

Produce Markets

Eggs fresh lelivered at Indianapolis. 25®25%c. _ Butter (wholesale prices)—Creamery, heat grade, a pound, 44 <B4sc: buying price for packing stock. 21 ® 26c. Poultry—Fowls .25® 28c: Leghorns, 25c; springers, 27c: young turkeys. 32® 33c: ducks. 18®10e. Cheese (whrleeale buying prices)—Wisconsin daisies. 23%@234c: Longhorns. 23% ®2s<r Limburger 2.9® 30c. CHICAGO. April 7.—Butter —Receipts, 4.036; creamery, 39Vie: standards. 39%c: firsts. 37% (<i 38c: seconds. 38®37e. Eggs —Receipts. 25 823: ordinaries. 27c: firsts. 28®28Vie. Cheese—Twins. 19%e: Americas. 21 Vic. Poultry—Receipts. 3 cars: fowls. 31c: springers. 32c; ducks. 30®32c. geese. 19c: turkeys. 35c: roosters. 21c: broilers. 55® 00c. Potatoes—-99 cars; Wisconsin sacked round whites. $6®5.10: Minneasota sacked round whites. $4 oo® 4.65; Idaho sacked russetts. $5 00.15. CLEVELAND. April 7.—Potatoes—Ohio. $3.10 per bushel: Idaho bakers. $5.10 per 100 pounds: Wisconsin. 80.15 per 100pound sack- Colorado. ss.Bt>®6 per 120pound sack: New York. $7.75 per lnOpound Back: Minnesota. ss.lp per 120 pounds; Canadian. s7® 7.25 per lou pounds: Florida number 1. S2O per barrel- No 2. sls per barrel: No. 3. $8 per barrel; Maine. 88.25 per 150 pounds: Ontario. $4.05 per 90-nound sack. . Poultry —Heavy fowls, 33 0 34c: Leghorn fowls. 28® 30c: Leghorn broilers 60 ® soc: heavy broilers. 0oc: cocks. 18® 20c. Butter—Extra in tub lots. 44 ®4sc: extra firsts 42 % ® 430: firsts. 40®41c: packing stock. 28c. Eggs—Northern extra firsts. 32c- northern Ohio firsts. 30%c. Ohio. 29Vac: western firsts. 29c. NEW YORK. April 7.—Flour—Quiet and unchanged. Pork —Easy; mess. S3B. Lard —Weak: middle-west. $14.25® j4.3.>. Sugar—Steady: 90 test. 4.08 c: refined, “teady: granulated. 0®5.20c. Coffee —— Rio No 7. 17 %®l7 %o: Santos No 4. ”2 %® 22 V>c. Tallow—Quiet; special to extras B%®B & ic. Hav —Weak: No. 1. SI 40 -‘ No 3. I.lo® 1.30: clover. $1.05® 1.35. Dressed poultry—Firm: turkeys 35 ®00c: chickens 25®47c: capons. 36® 50 c: fowls. 22®38c:. duck*. 22®34c, Long Islands. 38c. Live poultry—Dull: geese 13®20c: ducks. _l6®3Be: fowls. 29® 62c: turkeys. 30®40c: roosters. 10c: broilers 50® 60c. Cheese —Weak; state milk common to special. 27 ® 20c: young Americas, 22 & 20c. Butter— Easy: reciT>*s lo 171; creamery extras 41 >4® 41 E.c special market. 41 3 4 ®42 %c. Eggs —Firm: receipts- 35.839: nearby white fanev 37®38c: nearby state white. 31® 30m y iresh firsts. 30% ® 31c: Pacific coast, first to extras. 33® 40c: western whites. 30@34e. Wholesale Meat Prices Bee.’ —Native steers, 500 to 800 lbs.. 17@19c: fores under carcass. 2c: hinds, over carcass. 4c: native heifers. 300 to 460 lbs 17% ® 19c: tores under carcnsß. 2c- hinds, over carcass. 4c: native cows. 409 to 700 lbs.. 13%®14e: fores under carcass, lc: hinds over carcass. 2c. Pork —Dressed hogs. 140 to 200 lbs.. 20®, 20 ft ic' regular picnic hams. 4 to 14 lbs.. 18Si@205c: fresh tenderloins. 66c (very scarce). Veal—Carcasses. 70 to 200 lbs. 19 %® 23c: hinds and saddles over carcass 8c: fore, under carcass. 6c. Mutton— Lambs. 65 to 40 lbs.. 27c. SHIPPERS’ FORECAST Northwest, north and northeast, near freezing-; west, south and east, above freezing.

New York Stocks (By Thomson tt McKinnon) ~~~~~

(All Quotations New York Time) —April 7 Railroads— Prev. High. Low. 1 ;00. close. Atchison ..120% ... 1261-4 127% Atl Ctet L 104 B & O ... 88 % 87 % 88 % 87 % Canad Pac 156% ... 156% 155% C&O ... 123% 122% 123% 122% C & NW . 09 % ... 09 % 60 C R l & P. 45% 44% 45 44% Del & Hud 138% 138 138% 138% Erie 26% 26% 20% 20% Erie Ist pid 37% ... 37% 37% Gt North pf . . ... ... 73 % Lehigh Val 82 81% 82 81% L&N 123% Mo Pae pfd 77% 77 77% 77% NY Cent.. 123% 122% 123% 123% NY NH & H 36 ... 35 % 35 % North Pae. 70% 70 70% 00% Nor & Wn 145% 145% 145% 145% Pere Marq. 83% 83% 83% 83% Pennsy ... 51% 51% 61% 6t % Reading ... 84 % 84 84 % 84 % So Railway 111 110% 111 111% Sou Pacific 99% 99 99% 99% St Paul 10% St Paul pfd 15% ... 15% 16% St L & SW 68% 66 % 67% 66 St L & S F 90% 88 90% 89% Union Pao 145 ... 145 145% Wabash ... 40 % 30 % -10 % 40 Wabash pfd 72% 72 72% 71 Rubbers— Fisk Rubber 17% ... 17% 17% Goodrich R 59 57% 58% 57% Goodyr pfd 102% ... 102% 102% U S Rubber 67% 66% 07% 66% Equipments— A C and F 08 ... 98 97 Amer Loco 00% 90 00 98% Bald Loco 104 Vs 104 104% 104' Gen Elec ..311 30% 310% 310 Pullman ..158% 157 158% 157% By Stl Spg . . ... ... 02 Westh Abk 113 ... 113 113 Westh Elec 70 09% 70 69% Steels— Bethlehem . 42% 42% 42% 42% Colorado F 30% ... 3 80 31 Crucible ..71 ... 70% 70% Gulf States 73 72 73 72% P R C & I 30 ... 30 37% RI & Steel 62 % ... 52 52 Sloss-Sheff. 114% 114 114% 114 L S ..Steel 123 % 122 % 123 123 Vanadium.. 3o 33% 34% 32% Motors— Ain Bosch.. 22% 22% 22% 22% Chand Mot 35% 35 35% 35% Gen Mot.. 121X4 120% 121% 121% Mack Mot 113% 111% 113 Vi 112 Martin Par ... ... ... 18 Chrysler 35 34% 34 34% Hudson . . 70 % 77 % 78 % 78 Moon Mot. 32% 32 32 % 32 Studebaker. 54% 54% 54% 54% Hupp .... 22 21 % 22 21 % Stewart-W.. 78 ... 77% 77% Timken ... 50% 60% 60% 60 % Willys-Over 24% 24% 24 Vi 24% Pierce-Arr.. 26 % 26 % 20 % 26 % Minings— Dome Mines 16 Vi ... 16% 16 Gt No Ore ... ... ... 24% Int Nickel.. 36 % ... 36 Vi 35 % Tex G& S 133 & 132% 133 133% Coppers— Am Smelt 110 Vi 119% 119% 120 Anaconda. .44 ... 43% 44% Inspiration ... ... ... 22 % Kennecott... 52% 52 Vi 52% 62% Ray Cop... 12 12 12 11% U S Smelt ... ... ... 43 % OilsCal Petrol. 33% ... 33Vi 33% Mid Con P 80% ... 30% 30% Houston Oil 57 ... 57 56 % Marland Oil 54 53% 64 54 P-Am Pete. 63 03 63 02% P-A P (B) 63% 63% 63% 03% Pacific Oil. 54% ... 64% 64% Phillips P.. 43 % ... 43 % 43 % Gen Pete.. 50 % 69 % 59 % 69 % Pure Oil.. 20% ... 26% 26% Ro.vai Dut. 51% ... 61% 61 J* S Oil of C. 55 ... 64% 54% S Oil of NJ42 % ... 42 % 43 Sinclair ...21 Va 2i% §l% 21% Texas Cos.. 51 ... 51 51 % Tr Cont Oil 3% ... 3Vi J% Industrials— Allied Ch.. 115X/i 114% 115% 114% Ad Rumely 12 , 12 12,, 12 AlUs-Chalm. 83% ... 83% 84 Amer Can. 44% 43% 44 44% A H&L pfd ..... 47% Amer Ice. isi ... 120% I^o% Am Woolen 93 ... 32% On Leatli ... ... ■ • • , Coca Cola 145 Li 144% 144% Ortainteed ... •• • , •• • % Cont Con.. 77 70 7 k 77 76% Dupont . .20>% 20n_ 20j>i Fain Plav 119% 118% 110 119% G Asphalt. 61% 01 Vi 61% In Comb En 41 % 39% 41 Vi 40% Int Harv.. 110 . .. 110 118 May Stor. 116% 115% 116% 11 o Mont & W.. 65 % 64% 05% 64% Nat Lead 150 Owen Bot. ... ••• -a,-,,, Radio ... 36% .. . , 38% 36 % Sears-Roe... 49% 48% 49% ,48% United Drg 144 Vi 143 % 144 V. 143 Vs

Indianapolis Stocks j —April 7 American Central Life ....200 ... Am Creosoting Cos pfd ....100 ... Advance Rumely Cos com... 11% Advance Rumely pfd ..... 51 o~ Belt R R com b 8 <Z Cent Ind Power Cos pfd ... 89% 9^ Century Bide pfd 99 ... Citizens Gas Cc com 44 ... Citizens Gas Cos pfd. .. .. . .100 ... Commonwealth Loan pfd... 99 ... Equitable Securities com... 51 ••• Hook Drue Jo com (class A) JO% -0 Indiana Hotel com JUO ... Indiana Hotel pfd 100 ... Indianapolis Gas oo 00 Indpls & Northw pfd 46 Indols & S E pfd 1 • • \ Indola Street Railway .. . . 48 oi Interstate Pub S prior lien. 98 Merchants P Util Cos pfd. . . 9/ - ■ • • Progress Laundry Go com. . ? 0 ... Public Savings Ins Cos .... 11 ••• Rauh Fertilizer 48 ... Standard Oil of Ind thi ... Sterling Fire Ins la •• c T H I & E pfd 20 30 THI& Lt Cos 91% 100 Union Title com TOO ... Union Trac ol Ind com ... . .. jUnion Trac of Ind Ist pfo. • .. Union Trac of Ind 2d pfd. .. Van Camp Pack Cos pfd .. j-4 ... Van Camp Prod Ist pfd... 94% 100 Van Camp Prod 2d pfd ... 91 95 Wabash Ry Cos com Wabash Ry Cos pfd —Bo.nd s Belt R R and Stk Ydts 45.. 88 Broad Ripple 5s < 4 • • • Central Ind Power 6s 98 • - • Citizens Gas 5s 97 -*7 % Citizens St Ry 5s B_< 88 Indiana Coke and Gas (is. . 9o 97 Indiana Hotel 5s 97 ... Indiana Northern 5s • • Ind Ry and Light 5s 92 ... Ind Union Trac 6s ■ • • Indpls Col & So 98 100 Indpls Gas 5s 97 98 Indpls Lt and Ht 6s 100% ... Indpls & Martinsville 55... 07 ... Indpls Northern 27 31 Indpls Northern certificates. 25 ... Indpls Northwestern 70 74 Indpls & S E 5s 6 ... Indpls Shelby &S E 6s. .. . 0 ... Indpls St Ry 4s 66 07 Indpls Trac and Term 55.. . 93 9o Indpls Union Ry 5s 100 ... Indpls Union Ry 4%s 99% ... Indpls Water Wks sec .... 97 ... Indpls Water 5%s 103 Indpls Water 4%s 92% 94% Interstate Pub Sorv 6s 99% 101% Interstate Pub Serv 6%5..102% ... T II I & E 5s 72 76% TH T and Light 90% ... Union Trac of Ind 6s 24 27 Union Traction certificates. .1:2 ... —Bank Stocks— Aetna Trust and Sav C 0... . 112 Bankers Trust Cos 129 ... City Trust Company 141 ... Continental National 109 .... Farmers Trust Cos 235 Fidelity Trust Cos ....... .164 . . . Fletcher American 155 ... Fletcher Sav and Trust C0..242 Indiana Natl Bank 257 267 Indiana Trust Cos 225 Live Stock Ex Bank 160 175 Marion County State Bank. .160 . . . Merchants Nat Bank 315 People’s State Bank 230 . . . Security Trust 235 State Sav and Trust 100 107 Union Trust Company 345 400 Wash Bank and Tr Cos 150 —Liberty Bonds— Liberty Loan Ist 4%s .. 100.90 101.00 Liberty Loan Ist 4%e .. 102.18 102.28 Liberty Loan 2d 4%s .. 100.84 101.00 Liberty Loan 3d 4%s .. 101.18 101.30 Liberty Loan 4t.h 4%s .. 102.56 102.70 U S Treasury 4%s 107.80 108.00 U S Treasury 4s 103.84 104.00

In the Cotton Market

(By Thomson Sf McKinnon) NEW YORK. April 7.—Some of the shrewdest operators on the floor are buying cotton now- for a season’s campaign. They say its the fag-end of a big crop. There are no speculative- line® left to be liquidated and the season appears to be luuokward. Most bull markets are built on such a foundation.

In the Sugar Market

(By Thomson A McKinnon) NEW YORK. April 7.—The unwillingness of refiners to buy for more than immediate needs continues an adverse inlluence in the spot sugar market and in futures. The trade will buy in quantity only on the breaks. I think, however, that whenever recessions occur, investors should enter the market on a scale down.

US In Al.. 50% . 50% SOtt Woolworth 100 Vi 103 looV. 103 Vi Utilities — Am TANARUS& T 146 Vi ... 146% Con Gas... 03 ... 92 % 9g % Columbia G 76% ... „<*>’■ .liJ People’s G 119% ... 119% 119 * Wes Union ... •• • • • • I*® Shipping— Am Tnt Cor 37 % 30 % 37 % 37 Am S 4 C. 11% 11V4 11% 11% iY’mm pf d 39 -.is y ; .3? ; United Frt 253 . . . ~oit-j Foods — Am Sugar.. 69Xi -a-.,. 9? 7 i JO Am Bt Sug 25 is 24% 2o 2b Coni^Prod. ’46 39 '30% 3% Fleiechman. 39 38% 38 Vj ;i C-Am Sinrar 26% ... e-o * Post e um TCa . '8?;% '86% 6% Ward Bak.. 34 Vi 32 % 34 V* 34 Tolmcos— , Am Suma.. 12 ... 11 % 11% Am Tob.. 114% ..... 114% 114% Con Cigars 53-,. 52 . "7, Tob P ?B) 101% 100% 101% 191% Lorillard... 39 , ... 39 30 U Cig Stor 93 % ... 1% % 93 , Schulte . . 46 % ... 40 % 4b

GRAIN PRICES ARE IRREGULAR Wheat Starts Higher in All Deliveries. Bu United Press CHICAGO, April 7.—Grain prices opened Irregular on the Chicago Board of Trade today. Wheat opened fractionally higher in all deliveries. Liverpool came about as due and Buenos Aires opened slightly higher so local traders look for a fairly steady market hero pending a change In the weather. Weather conditions in the southwest continue favorable but elsewhere throughout the grain belt seeding In spring wheat is being seriously delayed. It is from these reports that the local pit is deriving much of its bullish trend. May wheat in the trade is being pushed by active operators buying on the sharp breaks and taking profits on slight bulges. Corn opened fractionally lower in the May and July’ deliveries, but unchanged in September. The commercial demand has not materialized in the way that had been expected. Oats opened unchanged in all deliveries. Provisions opened higher.

Chicago Grain Table —April 7 WHEAT— „ F IW - Open. High. Low. Close, close. •May. 1.5 7% 1.58% 1.56% 1.08 1.07% tMay.1.50% 1.67 1.66% 1.67 1 66% July 1.30 1.30% 1.34 'A 1.30% 1.30% Sept. 131 1.31% 1.30% 1.31% 1.30% M.-S- ORN 7T% .72% .70% .72% .71% July. .75 1 s .76 1 a ./ 4> .76 ' 5 Sept. .77 U .78** .77% .78** .77* Ma°y ATS 41 % .41 % .41 % .41 % .41 % July! .41 % .42% .41% .42% .41% Sept.. .42 Vi .42 % -42 V-s -4- % .42 LARD— May 13.80 13.82 13.63 13.82 13.77 RIBS— ~„„ , . May nominal 14.20 14.20 RYE—May .87 % .89% .87% .89 .87% July .89 .90% .88 % .90% .88^ Sept. .89 % .90 Vi .89% .90 Vi .89% •New. tOld. CHICAGO. April 7.—Primary receipts: Wheat. 427.000 against 349.000: corn, 555.000 against 377.000: oats. 431.000 against 389.000. Shipments: Wheat. 389.000 against 476.000: com. 373.000 against 659.000: oats. 622.000 aganist 806.000. CHICAGO. April 7.—Carlot receipts were: Wheat. 9; com. 89; oats. 33; rye. 1. Local Wagon Wheat Indianapolis mills and grain elevators are paying $1.67 for No. 2 red wheat. Other grades on their merit.

BRIDGE COSTS WILL BE PAID County Takes Last Steps by Selling Bonds. Marion County today took final steps toward full payment of its costs of the Kentucky and Oliver Ave. bridges and land adjacent along both sides of White River, when commissioners approved the sale of $206,128.80 in bonds to the Fletcher Savings and Trust Company. The two bridges were completed last year. County Auditor Harry Dunn said the county agreed to pay it balance due on the bridges only after the city consented to withdraw a mandate suit against the county in Circuit Court. The city is attempting to recover $50,000, said to have been allowed the Crescent Papier Company in excess of the actual worth of its property along the river by Superior Court Judge T. J. Moll. GOVERNOR TO SPEAK Methodist Conference Under Way at Newcastle. Bu United Press NEWCASTLE, Ind., April 7. — With Governor Jackson as the principal speaker the Northern Indiana Methodist Episcopal conference today got down to its routine business. ‘Dr. E. S. Shumaker, head of the Indiana Anti-Saloon League, will speak Saturday night. m encke"n vindicated Editor Freed on Charge of Selling Naughty Literature. Bu United Press BOSTON, April 7.—H. L. Mencken, editor of the American Mercury, was vindicated today when Judge William I’armenter returned r verdict j of not guilty on charges of selling literature tending to corrupt the morals of the young.

In Last 24 Hours Four persons were injured in automobile accidents in Indianapolis. Total Injured Total Deaths This Year This Year 417 , 18

THE IN DIAM APOLJLS TIMES

Calf Values Rule 50 Cents Lower —Lambs Are Unchanged. —Hoc Prices Day by Day— April Bu'k. Top. Receipts 1 12.30013.35 13.80 t.JOt •V 12.30012.55 13.80 4.74 h 3 12.30013.30 13-nO 3 Jlf 5 12.65013.55 13.80 2 013 ii 12.00013.40 13.05 0.242 7. 12.00013.40 13.00 6,000 Prices in the hog division of the Indianapolis Livestock Exchange remained fully steady, in the midweek session, with prices quoted at the close of the Tuesday trading period. The run was estimated at 6,000 porkers. Light weight material still commanded the top price of $13.65 and the bulk of the offering was moved to the scales at prices ranging from sl2 to $13.40. Holdovers from the previous day* were counted at 107 and were added to the total fresh of sering. Hog Price Scale Trading was done over the following range of values: Heavy weight material brought [email protected]; mediums sold at [email protected]; lights commanded a price of $13.10® 13.65; light lights averaged $13.50; pigs brought [email protected]; smooth packing sows cashed at $10.75@ 11; rought packing sows moved at slo® 10.50, and stags were [email protected]. Cattle trading progressed along steady lines and no drastic price changes were chalked up in the early trading. The run was estimated at 1,100 bovines. Steers were priced at $6 to $10; heifers, $6 to $9.50, and cows, $5 to $7.25. Calves Go Lower Calf prices broke 60 cents at the start of the session and a price of sl3 was placed on the best vealers. The bulk of the run cleared at an average of $12.50. in contrast to the sl3 average Tuesday. Receipts were estimated at 900. Only a few sheep and lambs were in the pens at the start of the day although the official estimate was 600. Heavy offerings of clipped lambs at $lO to $11.50, late Tuesday, were added to the count. Prices held steady with wool lambs quoted at sl2 to sl4 and sheep, $4 to SB. —Hors — Heavies 1* 85 Light hoes iq’fiO® p'es 1 . ...7.7.7.’.;;;; 13:00® 13.50 Smooth Vows’ .’ 10 00 010 50 stag? 1 . B . OWB .v.v.v.v:.:::: siool 18:50 —Cattle— Good to choice fat steers. . .$ S-BOfig-W Medium and good steers... 7.00® ou Common steers § V;! & i Light heifers -60f| Good heifers 5 S-gg Prime fat cows —Calves— Best veals Bulk of sales oooisilf) 00 Common calves 7.00®i0.u0 —Sheep and Lambs— Choice western lambs ••• •®}2'noo 1300 Choice native lambs I SooOIISO Clipped lambs 2nno 8 00 Good to choice sheep 4.00 4s 0.00

Other Livestock CHICAGO. April 7.—Cattle—Receirts 7.000: bulk of steer, trade uneven, mostly steady with Tuesday’s declines: few year lings to shippers _ strong: bulk of trade higher on lightweight heifers, few early sales on fed steers all weights $9 7 10.25: lighter kinds 56.60. ehe-stock strong: bulls. 10015 c higher, two-way market on vealers: mostly lijrht calves 10 r>Reiters 59<a>9.25: choice selections upS >w Siolo sheep-Re-oeints 11 OOO: Xat lambs fairly acll ' 1 M early 3 ' sai os steady to strong’.few wooled weighty lambs desirable weighty dipped lambs $11011.26: best clippers at $11.75: practically no shearing uunbsi on sale: few fat sheep, steady: ,7„7 B wethers. S9: heavy clipped aged wethers $8; odd lots fat vvooleti lamtos upwards if 5c P sl'Bio:°b2lk m slL^ 0 U. >11 012: med.unig ® packing VowA h $1001O.iO: slaughter pigs. $13.25013.75. CINCINNATI. April sea,- rSSfw ssrwwjr- <3&5 U fe h o er^aU 2 et'?^vfW h t^gi l |. $8 011 Lambs— Market steady; good to choice. sl3 013.60. CLEVELAND. April 7.—-Hogs—Receipts. 3.000; market 15 .®25c lower: Yorkers, $13.50013.76: mixed. ’ 10S' f-'"’ Cattle steady: s choice yearling steers. $10010.50: pood to choice butter steers, $9 ® 10: fair to good butcher steers, $7 @ 8.50, good to choice heifers. 88 09: C°°d, choice butcher bulls. $0.5007.oO; good to ehoS cow-s. $506.75; .fair■ to> good cows $4 06- common cows. $3 @4, mi and springers $75 0125. Sheep and lambs— Receipts, 1.000: msrket steady: top $1 £*so. Calves- —Receipts. 300; market slow: top. sl4. PITTSBURGH. April 7.—Cattle -- Receipts light, market steady: choice. $lO 0 10.60- good. $9.6009.75: fair $7,500 8.60; veal calves, sl4 014.50. §hcev and lambs— Receipts light .market strong, prime wethers. 0 7.75. good, SG.7o iC 7.25; fair mixed. $0.5000.60. lembs. $8.50 0 12. Hogs—Receipts. 6 doubledecks- market active: pr me heavy. 812@ mediums. 51.<75 neavv Yorkers. Ynrkera, sl4^ 14.10: pigs. sl4 014.10; roughs. $9.00@ lOYS: stags. $5.7507. EAST BUFFALO. April 7.—Cattlo—Receipts, 225: market slow, steady; shipping steers, $8.50010.25: butcher grades. SBO 9.25: cows. 52.25 0 6.70. Calves Receipts, 400; market active, steady; cull to choice. $3.50014.50. Sheep and lambe— Receipts. 3,000- market slow:)^arnbei 25® 60c lower; cholo© lambß. cull to fair, $8.60013: yearlings. sheep. $4 010. Hogs—Receipts. 2 000: market active, stMdy: Yorkeis, sl* 0 14.25; pigs, $14.50 014.75: mixed. $13.50 014: heavies. $12012.76; roughs. $10.60 EAST ST. LOUIS. April 7.—Cattle—-Re-ceipts, 2,000: market steady: yearUng heifers. $8 @9.23; cows. $0.75@ 6.75; canners and cutters, $3.60 04.25. Hogs—-Re-ceipts. 9,500; market strong to 25a higher: heavies $11.60012.25; mediums. sl2® 13: lights. $12.60 013.25; light lights. $12.75 013.26; packing sows. *10.25 011; pigs $12.85 0148.25: bulk. $12.25 013.10, Sheep—Receipts. 750; market strong to 25e higher: ewes, $7.500 8.75; canncrj and cutters, $2 05.25; wooled lambs, sl3 013.60. 011: stags. $6.6008.50, TOLEDO. April 7.—Hogs Receipts. I. market steady: heavies. $11,500 11. mediums, $12.50 0 13: Yorkers, $13.25 013.50; good pigs, $13,60014. Calves —Market slow. Sheep and lambs — Market slow.

AGREE ON LAST PIACE About the only thing the baseball experts are agreed on is that the Boston Red Sox will, finish the season in the cellar. In the majority of the other places there's a difference of opinion. But the Fohlites get the last place nomination with nary an opposing voice. ROAD CONTRACT GIVEN Contract for the construction of State Rd. 11, between Mt. Etna and Huntington was awarded today by the State highway commission to the Tri-Lake Construction Company of Columbia City. Contract price is $219,119 for a 10.637-mile stretch. RICH EFFECT For the most picturesque evening gowns the use of pearl or rhinestone embroidery is still the proper treatment. FRINGED SKIRT NEW Fringe becomes increasingly popular, and the fringed skirt with the colored icrepe frock is seen everywhere. ■ ,

TOWN WITHOUT TAXES BOAST OF CALIFORNIA Gridley Supports Itself on Profits From Power * Plant. By Max Stern GRIDLEY, Cal., April 7.—Here, in the middle of the peach belt, is a little burg: with a bin idea. In 1910 Gridley boupht out a water and power system from a private estate. The little light and power plant was down at the heel and the town Ims had to buy “juice” wholesale from the Pacific Gas and Electric Company, the northern California power octopus. But the profits from distributing this electricity have proved so great that Gridley has practically rebuilt the plant besides making many important improvements. For nine years these profits entirely supported the city’s general Lund. Up till the end of the war Gridley was a taxless city, probably the only one in the United States. With rates to consumers less than those charged in surrounding cities the water and power plant, chiefly the latter, lifted the entire burden of supporting the city government t.-om the people's shoulders. These profits paid salaries of city employes, supported the fire and police departments, built sidewalks and streets, lighted, sprinkled and maintained the town. In 1919 a small tax was imposed to sink bonds for park and library, and the power plant was set to work at other chores. Today there stands next to the tittle plant an attractive city hall. It cost $30,000, and every cent has been paid out of profits from water and power. Inside is anew $10,500 fire engine and $1,200 worth of hose

Gasoline and Flour

4221

TTiaw Visits Scene of Trial

■k

Harry K. Thaw re-visited tlte Philadelphia CSty Hall to see once more the room where years ago he was acquitted, on the ground of insanity, of murdering Stanford Wliite. Thaw is now free after years spent in an insane asylum.

—also paid for out of water and power profits. The little moneymaker has also rebuilt itself at a cost of $12,000, has built and fitted

up a building with showers In the city park and has done a number of other little jobs. Next year the profits, now SII,OOO a year, will he

Rising prices are a matter of vital concern to every man, woman and child in the Middle West. Statistics show that while gasoline ha3 increased in price during the last twelve years it has not advanced nearly as much as other staple commodities. Take flour for instance. The United States Department of Labor states in the Monthly Labor Review that the average retail price of flour in Chicago on Nov. 15, 1913, was $.029 per pound—s.72s for 25 pounds. On the same day the average Chicago tank wagon price of Standard Oil Company (Indiana) gasoline was $.145 per gallon. At that price, a twenty-five pound bag of flour would have purchased 5 gallons of gasoline, On Nov. 15, 1925, the average retail price of flour in Chicago was $.054 per pound—sl.3s for 25 pounds. The price of Standard Oil Company (Indiana) gasoline on the same day was $.16 per gallon. At that price, a 25 pound bag of flour would have purchased 8.43 gaflons-oi: gasoline. From these figures we find that 25 pounds of flour in 1925 would have purchased more gasoline than in 1913, In twelve years time, flour advanced !n-price 86.2 °fo while gasolineadvanced only 10.3 7 These statistics are the more startling when the enormous increase in the cost of every factor entering into the making of gasoline is considered. f Why has Standard Oil Company (Indiana) gasoline advanced in price so much less than such staple commodities as flour? How can the continued low price of gasoline be explained? The answer lies in the unwavering determination of a highly specialized organization of 28,059 men and women to keep costs down that the price of gasoline might be low. This determination finds expression in the intensive work done in the research laboratories of this Company, and in the close cooperation of every department of the business. Inspired by this determination to serve, the Standard Oil Company (Indiana) has developed advanced refining processes which double the yield of gasoline from every barrel of crude. In this way the Company has 4net increasing costs with increased efficiency. The remarkable achievement of the Standard Oil Company (Indiana) in maintaining low gasoline prices in the face of increasing material costs is due to the strenuous, persistent and unending work of its whole organization. Standard Oil Company ( Indiana ) General Office: Standard Oil Building 910 So. Michigan Avenue, Chicago

APRIL 7, 1926

higher and the tax rate will be lower. In 1929 the bonds will nil be paid off and the city can let the power plant po back to the business of carrying the whole burden of city revenue. BELTS AND HATS MATCH Leather belts are returning to favor with the tailored suit, and It Is a charming fashion to have them match the hat and hosiery. SHADED ORGANDIE A black day frock of frosted crepe has large collars and cuffs of organdie that shades from black to white.

METRO LOAN COMPANY 8% Preferred Stock (TAX EXEMPT) A safe and profitable Investment which has behind it our record of over thirty-nine years without lobs to any Investor. Call, write or telephone for descriptive circular. J. H. AUFDERHEIDE Est. 1887. 312-318 Guaranty Bldg. Telephone MA In 0899. Issuer’s License 140.

A Feature of This Stors Men’s and Boys’ QQ rt DRESS CAPS WC Whrr* ttn.hlngfon Crosaea tlfltwa;.