Indianapolis Times, Volume 38, Number 114, Indianapolis, Marion County, 18 August 1926 — Page 11

AUG. 18, 1926

PORKER MARKET 10 CENT

iLS ADVANCE AS INDUSTRIALS BEATJETDEAT Several Carrier Issues Reach Record Price Marks on Move.

Average Stock Prices

Average of twenty industrial stocks for ■Wednesday was 164.14, off 1.90. Average of twenty rails, 117.59. off .90. Average of forty bonds. 94.99. up .01. fit/ United Press NEW YORK. Aug. 18.—Today's trading exercised sharp discrimination In favor of the rails. Tuesday’s heavy selling of the industrials was continued, forcing new lows on the movement in leaders like Steel, General Motors. Allied Chemical, General Electric and American Can. Simultaneously with further declines of stocks of this class vigorous buying went ahead in many representative Issues of the carrier group, giving the general list a decidedly one-sided aspect. C. & O. and Pere Marquette achieved record prices, responding belief that the Van SwerinflKwould leave no stones unturned to consummate the Nickel Plate merger. Rock Island reached its best levels since Its reorganization and Union Pacific the highest price since 1914 while the most active demand in many months was in evidence for the shares of roads operating in the Northwestern and southwestern tiers, including Texas and Pacific, Rock Island, Great Northern Preferred, Northern Pacific and Chicago and Northwestern. >

Banks and Exchange

cIeARINGB Indianapolis bank clearing* tor today amounted to $3,740,000. Debits. $6,§34,000. NEW TOIUv~STATEMENT Bv United Press NEW YORK, An*. 18.—Clearances, $>10,000,000; balances, $83.000.000. FOREIGN’ EXCHANGE Bv United Press NEW YORK. An*. 18.—Foreign exchange closed higher. Demand sterling. $4.85 %, up o%c; franca, 2-800, up .03c.% ; lire, 3.2944 c. up .0114a: Belrium. 2.75 c. up .03c: marks. 23 80c: Holland. 40.11 c; Russia, 5.15 c: Honr-Kong, 53%e; Shanghai. 68Sc; Yokohama. 48.08 c.

CHICAGO GRAIN TURNS BULLISH • Early Buying Boosts Wheat Quotations. Bv United Press CHICAGO, Aug. 18. —The price trend swung over to the bull side of the maitftet when all grains closed higher on the Chicago Board of Trade. Wheat was 1 to 144 c higher; there was some local selling and pressure from the northwest early in the day, but good buying developed. Short covering also lent support. Liverpool was weak. Cash prices were half to lc lower. More showers were reported from the spring wheat belt, and they are holding up the thrashing in some sections. Corn was also weak early in the day, but rallied on buying by commission house and short covering. Weather news was favorable, but the Government report was somewhat bullish. Cash prices were half to 1 cent higher. Future closed % to % cent higher. There was some hedging in September oats, and liquidation in the other position in the day, but they rallied with the other grains to close % to % cent higher. Cash values ■were steady to 14 cent, higher. Provisions were higher on the strength of hogs. Chicago Grain Table —Aug 18— WHEAT— Prev. Open. High. Low Close olose 134 1.35% 1.33% 1.3514 1 34 1 3914 1 37*4 1 39 44 1.38% T 79% .80% .79 .80% .79% pec. .84% .85% .83% .85% .84% T |o_ 91% .89% .91% .90 % Sept 7.39% .39% .38% 89% 38% Dec. .42 % .43% .42% .43% .42% Mat ' 40% .46% .46% 40% -.46% LARD— SgUS.OO 15.05 15.00 15.05 14.95 gentTUAO 14.50 1437 Dm 1 102 lof % 100 % 1.02% 102 CHICAGO. Au 18.—Carlo! receipts: Wheat. 263; com. 25: oats 99; rye. 6. CHICAGO Ail*. 18—Primary receipts: Wheat 2.320.000. against 1.343.000 corn. 414,000. hr llnst 863,000: oats. 898 000. against 1,647.000. Shipments Wheat 1A92.000, against 710.000 corn. 250.000. against 507.000: oats. 257.000. against BBS. 000. TOLEDO. Ohio Aug. 18.—Grain close: Wheat—No 2. *1 30%.®-l .32 % . Com— No. 2. 81%(!582%c. Rye—No. 2. sl. Oat—No 2 40c. Bariey—No 2,70 c. Clover—lmported. $18.75: October. s2l: December. sl6; February sl6 10. Timothy —Cash, new $3 10: September. $3 05; October. $3.05. Aisike—August. sls 25: September. $15.75. Butler —47 ® 45c. Eggs—3o® 31c Hay—s2B CHICAGO. Aug. 18.—Cash grain close: Wheat—No 1 red, $1.34 %® 1.35; No 2. $1.34%® 134% No. 3. $1.32 % : No. 1 hard $1.30% ® 1.37% : No. 2. $1.30® 06%: No 3. $1 30% ® 1.35% : No. 2 mixed $1 85® 1.3.5 V, . Com—No. 2 yellow, 79% 0 79%c: No. 3.77 c: No. 4. 74® 70a: No. 5 74 He: No f. 71® 72c: No. 1 whf*e. 80o; No. 2. 79%®80C: No. 3. 77c- No 4. 73e. Oats—No. 4 white. 39 #40% c: No 3. 37i / 4 ®39c; No. 4. 30 0 30c: standards. 22®.30%c Bariev—ss ®6oc. Rye—No. 7.'POH®9S%e: No. 4. Bso. Timothy—ss®s.7s. Clovet—S23® 32 CHICAGO. Aug. 18.—Grain close. Wheat —September, tin 1 % : December and Mav tin lc. Com—September, up %c: December. up %e: Bay. UP %C. Oats—September and December, up He: May. up %c. Provisions, higher. FOOD PRICES DROP Bv United Press WASHINGTON. Aug. 18.—Retail foot) prices continued to decline between June 15 and July 15, dropping cent, the labor department ant Winced today. The price level July 15 was 57 2-3 per cent over that of July 15, 1913 Potatoes led the decline with an 18 per cent drop. Cabbage was next with 16 cent.

New York Stocks <B Thomsor *

(All Quotations N. T. Daylight Savin* Tima) _ „ —Au*. 18— Railroads— Prev. High. Low. 2:00. close. Atchison ..150 147% 149% 148% A Coast L 225 221% 223 219 B. 103% 104% 104% Can Pac. . 164% ... 104% 164 0. Sc O. ... 152 % 150% 152% 160% C. * N. 76% 74% 75% 74 C. B. A P.. 63% 02 62% 62 D. & Hud..168 ... 168 106% D Sc Lack 143% ... 143% 143% Erie 34% 33% 33% 33% Erie Ist pd 44 ... 43 % 42% Gt Nor pfd 76% 75 76 75 Lehigh V. .. . ... ... 89 K C South 45% ... 44% 45 L. & N 130 M. K. A T.. 37 ... 30% 30% Mo Pac pfd 91% 98% 90% 89% N Y 0n... 138', 137 137 137% NY NHAH 40 45% 45% 45% No Pacific. 77% 75% 77 76% Nor Sc W. .104% 102 103 161% Pero Marq 104 102% 102% 103% Pennsylvan. 34 % ... 54 % 53 % Reading .. 90% 94% 95 94% S Railway 121% 120 121% 120 % to Pacific 108% 107 107 100% t. Paul.. 12% 12% 12% 12% St Paul pfd 22% 21% 22 21% S L * S W 70 ... 70 70% 3 L Sc S F 99% 98 08% 98% Union Pac 157% 157 157% 156% W aba ah ... 40% 45% 45% 45% Wabash pfd 74% 74 74% 75 Rubbers— Ajax 9% 9 9 9 Fisk 17% Goodrich... 50 % ... 50 50 % Goodyr rd 109 108% 109 109% Kelly-Spx 13% U 8 Rub.. 60% 59 59 % 60% Equipments— Am CA F 101 ... 100% 101% Am Loco. 104% ... 104% 104% Am Sti Fd 45% ... 45% 45% Bald Loco 118% ... 117% 119 Gen Elec.. 9.3 91% 91% 91% Lima ... .. 63 N Y Airb. 43% ... 42% 42% P Stl Car. 4T ... 41 41 Pullman ..181 ... 180 180 Westh A B 134% 132 133% 130% Westh Elec. 09% 68% 69 09 Steels— Bethlehem. 47% 47 47% 47% Colo Fuel. . 44 % ... 43 % 44 Crucible ..75% ... 74% 75 Gulf St Stl 73% ... 73% 73 P R C A L. 39% 39 39% 30% Rep Steel .59 ... 58 % 59 % Sloes Sheff 135 ... 134 135% IT S Steel .156 152% 153% 150% Union Alloy 34% ... 34% 34% Vanadium. 41% ... 41 % 41% Motors— Am 805 ch.... ... . . 19 Chandler.. 29% *... 29% 29% Chrysler . 36% 30% 30% 36 Corn Motor 11% ... 11% lb% Dodge .... 30% 29% 29% 20%: Gabriel ...31% . . 31% 31% Gen Motor 200 20% 205 204% Hudson ... 66 % 05 60 % 66 % Hupp 27% 26% 26% 27 ’ Jorc'an ... 23% .. 23% "HU Mack .. .131 128% L3O 129 Moon ... ... 23 % Nash ..... 57% 50% 57 57J4 Packard 37% ... §7% 37” Pierce Arw 30% 29% 30% 29% Studebaker. 55% 54% 54% 5$ % Stew Warn 74 73% 7.3% 73% Timken ... 01 ... 00 % 50 % Wil’ys Over 27% 27% 27% 27% White Mot. 01 ... 00% 60% Mining— Amer Smlt 149% 146% 147% 149% Anaconda.. 50% 49% 50 50% Cer De Paa 71 % ... 71 71 % Tnt Nickel . 37% 37% 37% 37% Kenneoott .57 ... 50 % 56 % Tex G A S 167 ... 165 167% U 8 Smelt 112 ... 11l 40 Otis— Atlan Refg 112 ... 112 112 Calif Pete. . 32 % ... 32 % 32 % Freept Tex. 27% 20% 27 27 Gen Petrol .. <... ... 07 % Houston .... ... ... 69 Indp Oil . 25 ... 25 24 % Marl and Oil 58 % ... 57 % 68 , Md Ct Pet 31 % 3l 31 % 31% P-A Petrol 67% P-A Pet B 97 ... 00% 67 Pacific Oil . . ... ... 1 % Phillip* Pet 47% ... 47% 47% Union Oil ... ... 52 % Pure Oil- 20% ... 20% 20% Floval Duto 50% 50% 50 \ 50% Shell 2828** 28S ... I'M; 1 '.::: St! -t** J 4 SS a! t.? 5 ::: fL S Texas Com. 53 ... 63 5.3% Trans Pet 4 % ... 4 % 4 % Industrials— Adv Rumely . . ... ... 14 % Allis Chain! 89% ... 09% 89 £ Allied Chm 13J% i37% 137% 1,39% Armour A 14% ... 14K 14% Am Can ..59 68 08 59% A H A L P 35 ... 35 35 % Am Sf Rz 89% 69 69 108% 8S& Cola* lgi is§% 160% 159 % Coni Can. 80** 80% 80 \ 80

ILF OF ILL STREETSOUGHT Summoned in Connection With Corner in Market. Bv United Press NEW YORK, Aug. 18.—The name of David Lamar, “the wolf of Wall Street,” once said to have retired, got back into news of the stock market today—and into the news of the courts. Lamar was summoned as a witness in an investigation started by Attorney General Ottinger into the recent dealings on the stock exchange in the stock of Consolidated Distributors, a concern distributing automobile, radio and sporting accessories. The summons revealed that the attorney general suspects a corner In the stock and it was recalled that recently the stock exchange called on brokers to submit lists of their deals in the stock market made during the early part of August. The exact connection of Lamar with the matter was not mare clear, beyond a statement from the attorney general’s office that it was believed Lamar could “give important information.”

Commission Row

Ptlom to Retailer* Fruit* Apple*— .Transparent* 40-oouna basket $1.25® 1.75: red June. $1.25® 1.60: tcy. Graveston, box. *2.25 Duchea* $1.25 ® 1 50: Benonls. $1.35 ® 1.60 Bananas—BVic. lb Blackberries- B G 24-dt crt.. 52.76 ® 3.25. 1 Cantaloupes- Ho' ■ • dew melons crt $1.501 75: Indiana flat crt. $1.40: standard crt $3.50: Tiptop melons, bbl.. $o Orange*—California half box $4 60® 5.50 Grapes—California seedless crt. $1.60' M alsjflu nr t O Grapefruit —California halt box $3 7 6 ®4 Lemons—California, box $5.25®6.26. Limes—imported 100 $2 02.60 Peach*—Elber'as $1 50 ®1 75’ Hale bu.: $2.50 ®2.75: Clings, bu.. *101.26. Pears—Calif ornis Bartlett box s3® 3.25. Plums—California, red. crt. $1.75®2 blue. crt.. $1.75® 2.26: yellow crt.. $2 Watermelons—Georgia. 100 $46 Vegetable* Beans—H G . green bu. $2: H O lima. lb.. 45 @ 50c. Beets—-H G doz bunches. 25® 30c. Cabbage—H tt 100-pound bbl.. $l5O Carrots—H G doz bunches 30® 35c Cauliflower —H G. crt s2®? 26 Celery—Michigan doz.. 30®35c Corn—H G doz ears Fs®2ui Cucumbers—H H doz. 76®85e. Egg Dlant—H G.. do> . SIVS 02. Garlic—New Louisiana lb 16®211e Kale—Fey spring bu.. 50®60c Lettuce—Western head crt. $4.60® ft H G leaf 15-DOund basket 65c Mangoes —H G.. bu.. 75c ®sl. Mushrooms—Fane* m* ?6c®si Okra—H. G.. bu.. $2.25. Onion—Kentucky yellow 100-nouna bag. $2.25®2.50: H G yellow, bu.. $1.25 01.36; H G green doz . 30®35c: Spanish. crt sl6o® 1.75- H G white bu. Jl> 1‘.65 Parsley—Fancy H. G.. do*.. 60 0 60c. Peas—New York teeienone hmo. *1 60 fll To Radishes—H G button, do*.. 60®76c: B G. long white doz bunehe*. 50 @ 60c Spinach—H G„ bit.. 60®66c Squash—White summer, bu. SI. Sweet Potatoes—Alabama hum. SI .76 02. Tomatoes—B G 20-pound basket $1|?1 26 • hothouse 10-nouno basket 60 luirnlp*—H G bu $2.50 Pot^toe*—Kentucky cobblers 160cc -H • ■ •' 7 1 *

Ad", 111! intefßs 300 Hi* !a Gen Asphalt 78 % 77 77 % 77 Int Cmo En 55% 54% 54% 55% lot Paper 60% 56 % 50% 55% Int Haiv 133 131% 132 132% May Store 122 ... 122 122^ Mont Ward. 09% 08% 6(5 70 Natl Lead. . . ... ... 102 Owen Battle . . ... ... 72 Radio ... 43 ... 43 4*> % Rem Type 120 118% 119% 110 Sears Roeb 57 55% 50 57 United Drg 101% 150% 101 158 USC I P 233 % ... 228 % 232 % U S In A1 78% ... 70% 70% Woolworth 104% ... 161% 163% Utilities— Am TA T 145% 145% 145% 145% Am Express .. ... ... 125% Am Wat Wk . . ... ... 59 % Brklyn Man . . ... ... 04 % Col G A E 81% 81% 81% 82 Cons Gas 109 V* 108% 109 1 09% In ter boro ... ... 44 N Am Cos. 54 % ... 54 % 64 % Peo Gas.. ... ... 122 Std G A E 54 % ... 64 % 54 % West Un. .. ... ... 146% Shipping— Am Int Cr 34 ... 34 34 Am S A C. . . ... ... 7% Atl Gulf.. 38% SR% 38% 38% Int M M p 29% United Frt .. ... ... 116 Foods— Am Sugar 72% 70 71 .72% Am Bt Sug 94 % ... 24 % 24 % Austin Nich 10% ... 10% lot. Bel. Nt Pkg 01 % Cal Pkg... 72 ... 72 72 Corn Prds 45 ... 45 45 % Cub Cane p .. ... ... 38 % Cu Am Sug 25 ... 44 % 25 Fleischmnn 50 % ... 49 % 50 % Jewel Tea. . . ... ... 42 Nat Biscuit 92 % ... 92 % 92 % Punta Alegr . . ... ... 30 Postum ...104% 103% 103% 103 % W ard Bak B 34% 34 34 34% Tobaccos— Am Sumat 31 % 31 31 % 101 % Am Tob. .. ... ... 119% Am Tob B 119% 119 119% 119 Cons Cigar 70 % . . 70 70 V, Gen Cigars ~ ... ... 50% Lcwlllard. . 33 % ... 33 33 Jt R J. Reyn. . . . ... i 97% Tob Prd B 109% ... 107% 108% Tin Cig Str 105% 106% 105% 105 Bchulte RS . . ... ... 47 % WHEAT ACREAGE LARGER South Dakota, Minnesota and Montana Arc Exceptions. Bv United Press WASHINGTON. Aug. 18* —A winter wheat crop acreage larger than this year's Is indicated generally in this country, with the exception of the drought areas of South Dakota, Minnesota and Montana, the Agriculture Department reports from a survey of farmers’ intentions to plant. An acreage of 45,064.000 ie indicated. 14.4 per cent larger than sown last winter, but only 4 per cent greater than the area actually sown, which was decreased by bad weather.. An increase of 17 4 per cent in intentions to plant rj-e was reported.

Produce Markets

E**—strictly fresh delivered at Indian spoils. X24®25c. Butler 1 wuuiesaie prices i— Creamery best grade, a pound. 42® 43c: buying price or it aemna etocK Zl&ztec. Poultry—Fowls, 22®23c: Leghorns in 4t 20c: ducks. 14® 16c. Cheese (wholesale ouvtng prices!—Wla consin Daisies 23%0 23%c: Longhorns 23 % 24c: Limburger 27% &28c CHICAGO. Au*. 18.—Butter—Receipts 10.236: creamery. 40 %c: Standards. 40%c: firsts. 30%®37%0, seconds 33® 35c Errs—Receipts 10.238: ordinaries, 25%®27e; firsts 28® 29c; twins 30® 20%c: Americas, 20%®20%c. Poultry— Receipts. 8 cars fowls: fowl* 25c neavy. 20c small: springs. 20c; ducks, heavy. 18c: small. 20c: springs, 10c: geese 20c; roosters. 18c; broilers. 29c. Potatoes Receipts. 224 oars: Kansas and Missouri sacked Irish cobblers. $2.2502.40: Minnesota sacked early Ohlos, $1 90® 2.05. CLEVELAND. Aug 18.—Butter—Extra In tub lots. 44% 0 45c: extra firsts. 42 % ®43%c; firsts. 40®41c; packing stock, 28- Eggs—Extra. 37c; extra firsts. 33c: firsts. 31c; ordinary firsts. 2flc. Poultry —Heavy fowls 27®29c: Leghorn fowls, 20® 21c: Leghorn broilers. 27® 2!)' heavy broilers. 32®33c; roosters. 17® 18o: ducks. 22®25e; geese. 15®17e; young ducks. 25® 27c. Potatoes—Kentucky and New Jersey. $4.500 4.05 a 150pound bag:. Maryland and Virginia cobblers. $5 a parrel. NEW YORK. Aug. 18.—Flour—Dull and unsettled Pork—Quiet: mess S3B Lard —Steady: middle west. $15.35® 15 45 Sugar—Firm 90 test. 4.24 c: refined, quite; granulated. 5 70® 5.80 c. Coffee —. Rio No 7. 19 %c: Santos No. 4. 22 % ® 23c. Tallow—Quiet specials to extras, B%®B %e. Hay—Quiet: No. 1. $1.50. No. 3. $1.05 ® 1.25: clover. $1 ®1 40 Dressed poultry—Steady: turkeys. 30® 60c; chickens. 28® 42c: capons. 38® 50ce: fowls. 17®330; ducks. Long Islands. 27c. Live poultry—Dull and neglected Cheese—Steady: state milk common to special. 22% Ot 24c: young Americas. 21*1 0 22%c. Potatoes—Long Island. $3.25® 4: Jersey. 81.50® 350 Butter—Firm: receipts. 13,511: creamery extrai. 42®42%c: special market, 42 %® 43 %c Eggs—Firmer: receipts. 22.061: nearby white fancy. 48® 51c: nearbv state white. 34® 47c: fresh firsts 41 (a 420: Pacific coast first to extras. 36® 47c; nearby browns. 42®44e

In the Sugar Market

(By Thomson & McKinnon! NEW YORK. Aus. 18.—Next Wednesday will be first notice day for September delivery and in the meantime an increasing amount of liquidation in this month pill of course be a normal development. So far those who have switched from September to the far months have had the aava.'tatre of doing so on a firm market. In all the market the price changes are negligible Fututres were helped yesterday by bullish news regarding the Java crop and by fu-ther signs oi a prospective buying movement in raws by the leading regners The best policy. I think is to buy into the distant positions.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. Aug’ 18.—Cables were good this morning out cotton was extremely nervous One explanation offered as a reason that the advance has been checked was that Carolina cooperative societies sold the balance of their stock* yesterday and the dav before. This would explain the selling by spot houses and appears to be a likely reason for the action of the market. The Government in its weekly report, gives considerable attention to the insect situatitn in the South and we are likely to hear more of this as the weeks go by. There will be a buying power in the market next Monday when the condition report is published. This was not the case with the previous report. The prevailing weather is distinctly against favorable progress for the crop and unless a very marked change occurs for the better, cotton must go higher We 'ook for a trading market for the rest of th week and prefer the long side on ail reactions. NEW ORLEANS High. Low. 1 n.m. January 16.97 10.69 16.70 October '. 17 04 16 70 10. S3 December 16.9f 10 69 16.75 NEW YORK Ooen. ‘ High. Low. Close January ... 10.89 17.05 10.00 16.Pfi March 17.10 17.24 17.08 17.10 May 17.27 17.39 17.23 17.20 July 17.14 October ... 16 88 17.00 10 80 10.85 December .. 16.88 10.99 16.79 16.85 CHICAGO High. Low. Close. January 16.90 10.78 10 78 March 17.00 10.85 10.99 October .. 16.92 16.74 10.80 December 10.82 16.67 16.70 PROTESTS RAIL UNKING B v United Press NE WYORK. Aug. 18.—The DowJones Financial News Service today said John S. Stratton, as intervener for himself and other niinority stockholders of the Hocking Valley Railroad, has filed a petition in opposition to the Nickel Plate application for permission to build a line between Valley Crossing and Gregg, Ohio, The proposed extension would connect the Chesapeake & Ohio and e**”* **>*eklng" v aUey Lines.

THE INDIANAPOLIS TIMES

HIGHER

Top Price $13.85 —Bulk at [email protected] Receipts, 4,500 Hogs. HOG PRICE RANGE Aug. Bulk Top. Receipt*. 13. 12 40® 13.50 13 75 3.000 If: tap.B ip 1888 10. 12.25® 12.35 13.75 8.000 17. 12.75® 13.35 13 75 6 000 18. 12.35® 13.45 13 85 4.500 The hog market was a flat 10 cents higher in the mid-week session at the Indianapolis Livestock Exchange. At the start the local packers bid steady and shl-ppers were willing to pay 10 cents higher than the Tuesday scale. Shippers bought a few hogs on the 10 cents higher plan and later in the morning packers took their string of hogs on the higher scale. Lightweight material brought the top price of $13.85 and the bulk of the matured hogs were sold at sli.itoli-4i, The run wasi estimated at 4.500 and 660 were heldover from the previous session and added to the total fresh offering in the pens. The light receipts were a factor in boosting the market as were the higher prices in the principal competitive market. Hog Price.ScaJo Matured hogs weighing 160-180 lbs., *13.85: 180-200 lbs.. $13.60; 200210 lhe., *13.45; 210-225 lbs.. $13.25; 225-235 lbs.. $12.95; 235-250 lbs.. $12.60; 250-275 lbs., $12.35; 275-300 lhs„ $11.95: 300-325 lbs.. $11.70; 325350 lbs., $11.60; 250 lbs., and up. $11.35. The csttle market was steady with a run of material estimated at 1.000 ovines. Steers were heifers. $7 7110.50, and cows, $5.50# 7.25. The lighter run aided in cutting down the surplus material and imparted a better tone to the entire market. Trading was fairly active. Calves Are Ixnver Most of the best vealers were sold at which was steady to 50c to $1 lower than prices quoted in the Tuesday trading period. Most of the traders quoted the market steady to 50c lower because sorting wag not as close as Tuesday. If sorting had been _ fine many calves sold in bunches at sl4 would have been good enough to bring $14.50. The run was estimated at 1,000 vealers. The sheep and lamb market was steady to weak. No iambs were reported sold at sl4. but many choice pieces went at $13.50. Other lambs were sold down to $lO. Sheep were steady at $6 50 and down; bucks. $3 #4. and choice breeding ewes. s7#9 The run of material was estimated at 1,000. —Hog—--160-1I O lbs sl3 85 180-2IKV lb* 17i:0 200-2. 01b* 13 45 210-2‘ 5 Jh* , 13 -5 225-235 jhs 12 95 275-300 lb* 1196 300-325 lb* 1170 325 350 lb* 1160 350 lb |jid up 11.35 ■■'■Cattle ■ Prime yearling* ... .. slo.oo® t 0.50 Good to choice fat *teers . . 8 50® 925 Common }o medium steer*... 7.50®550 Baby beer . . 10 000 10 50 Common to medium heifers. 7 00® 900 Cows 7.00® 9 00 —Old re*— Ibst veals sl4 00 Bulk of sale* 14.00 Common to medium lo.oo® 12.00 —Sheen and Lambs— Lambs SIO.OOO 13 50 Bucks 3.00® 400 Sheep 8.00 down Breeding cows 7.00® 9.00 Other Livestock CHICAGO. Au* 18.—JBv Department of Agriculture!—-Cattle—Receipt*. 13.000; heavy steer trade slow; bulk steady: inbetween grade* 10®15c lower; yearlings ateady; grasaers active, early top on yearlings, $10.65: mediums. $10.25; tear it*. $9.90: she-stock weak to 25c lower; bulls steady, vealers unchanged to outsiders. 26 ® 50c lower to others Sl3 014 Sheep— Receipts. 17.000 market slow; b<t iambs steady in-between grades steady ” weak, early top. $14.25: some held even higher: native*. $14.35 to city butchers: sl3 75® 14 to the packers: cull* steady. $9®9.50: sheep steady to weak: ewes. ss.jO®o 5O: indications that feeders will be steady to strong Tuesday s lop on feeding lamb*. 814 15: 05 to 75-pour:d kind down to $13.75. Hogs—Receipts. 11.000: market mostly 10®’ 15c higher; top. 013.05: hulk. $10,50 ®l3 40: heavyweight*. sll 50® 12 50; medium weights. $12.35® 13 55; lightweights. $12.65® 13.65: baht lights $12.65013 50; packing sow 6, $9.90®11: slaughter pigs. $11.75013. PITTSBURGH. Aug. 18.—Hog* Receipts. 800: market steady: 250-350 lbs . $17.50013: 200-250 pounds sl3® 13.25; 100 200 lbs. $14014 15: 130 160 lbs, 14014 15: 90-1.30 lbs , $9.50 0 9.76. Cattle—Receipts. 50; market steady- beef steers. $9,50. Vealers—Receipts 150: top. $15.50. Sheep—Receipts 000: market ateady to strong: top fat lambs. $12.45. EAST ST LOUIS. Aug. 18—Hogs—Recoil u 9.000: market. 250 higher, 250350 pounds. $11.90 (a 1.3; 200-250 pounds. sl2 85® 13.55: 180-300 pounds. $1,3 25(2 13.65; 130-160 pounds. sl3 01.3,06; 901,30 pounds sl2 500 13 50; narking os. $0 75 0 10 25 Cattle—Receipts. 5 000: market, light native Rteers steady, others slow: top $8.25489.75: beef steers s7® 9 50: lignt yearlings and heifers. $4 50® 5.75: bef cows. $3.25® 4.25: low cutters and cutter -cows, sl4 0 14.25: vealers, $0.50®8: heavy calves. $5.750 6; bulk stock and feeder steers, $5.75®6.75 Sheep—Receipts. 2 000: market, fat lambs steady, others unchanged: top fat lambs. sl4. bulk fat iambs. $1.7500 13.75 bulk cull lambs. $8 50: bulk fat ewefe. s4®6. CINCINNATI. Aug. 18.—Hogs—-Re-ceipts. 2.800, holdover*. 142: market. 36 0 35c higher 250-350 !b . $11.25013: 200-250 lbs. sl2 75(213.50: 160-200 lb*$13.250 13 85: 130-100 lbs„ $13.25® 13.85: 90 130 lbs, sl2 013.25: packing sows s9®lo Cattle—Receipts. 400; market, very slow and steady, calves 500 higher. Calves-—Recepits 500: beef steers 5309.50: light yearling steers and heifers. s7®Biso; beef cows. $4.500 6.50; low cutter and cutter cows. $.3 ®4: vealers. $11.60014; heavy calves. $8.50010.50; bulk stock and feeder steers. $5 0 6 50. Sheen—Receipts, ?,400: market, lambs, steady, sheep 25® 50c lower: top fat lambs. sls: bulk fat lambs. sl3® 14.60: bulk cull lambs. s6® 10; bulk fat ewes. $3.75 0 0. BUFFALO. Aug. 18—Hogs Receipts. 1,500: holdovers 845: market strong, 25c up :250-.350 lbs sl2 250 13.75: 2<W-’>so lbs.. $13.750 14 25: 160-200 lb* . $14.25 ii 1-4.50: 1.30 100 lbs, $14.250 14 50: 90130 lbs $13.75 014.25: packing sows. $9 50010 25. Cattle—Receipts. 400; calves. 250: market steady: vealers steady to 50c un: beef steers. sß*o®' 10.50: light yearling steers nad heifers. $9 0 10.75; beef cows. $3.750 6.75: low cutters and cutter cows $2 25 0 3.75: vealers. $15.50016: heavy calves. $8.75011. Sheep—Receipts .350: market steady: top fat lambs. $14.25: bulk fat lambs. sl4® 14.25; bulk oull lambs. slo® 10.25; bulk fat ewe*. $4.500 6.25. , CLEVELAND. Aug. 18.—Hogs Receipts. 1.500: market steady, 10c higher; top. sl4: 250-350 lbs $12.15012.03: 200-250 lbs.. $12.75® 13.78: 160-200 lbs., sl3 75® 14 : 130-100 lbs.. *13.00014: 90130 lb*.. $13.00(314; parking sows, $9 75 010.50 Cattle—Receipts, 500: market dull: calves, receipts. 600: beef steers. $7 0-8: light yearling steers and heifers. $9; beef cows. $4.75® 0.751: low cutters and cutter cows. $3 0 4.50; vealers. sls 010; heavy calves. $10012.50. Sheep Receipts. 500; market steadv; ton fat lambs. $14.26; bulk fat lambs. $13.50fi 14 bulk cull lambs. slOOll. TOLEDO. Aug, 18.—Hogs Receipts. .300; market 15®25e higher: heavies *l2 012.50: mediums. $13.25 013.50: Yorkers $13.750 14; good pigs *13.250 13 60 Calves—Market strong. Sheep and lambs —Market steady. RAILROAD VALUATION Bv United Press WASHINGTON, Aug. 18.—Final valuation of the St. Louis & Hannibal Railroad for rate making purposes as of June 30, 1918, was sl.906,770, the Interstate Commerce Commission announced today.

FIRSTGUNFIRED TO SHOW TARIFF BOON 10 FARMERS Analysis Issued—Exception, However, Taken by Democratic Senator. Bv Times 7veeial WASHINGTON, Aug. 18.—Farm products receive the bulk of benefit from the American tariff schedules, according to an analysis just issued by the department of commerce. Farm goods totaling $696,000,000 in value were imported in 1925 and paid tariff duties, the analysis asserts. This compares with $280,000,000 worth of luxuries and $360,000,00 worth of manufactured goods and non-farm products. The farm products make up 45 per cent of the total. Although no statement was issued with the analysis, it is held to be the Administration's opening gun in its attempt to persuade thfc farmer that the tariff is a friend, instead of an enemy. “The figures are valueless for this purpose,” said Representative Oldfield, Ark., Democratic national congressional committee head. “In the first place, sugar and wool imports make up nearly half the total, or $316,000,000. “The growers of these products get some small benefit, but the manufacturers get more. The rest of the schedule, made up of eggs, meats, dairy products, tobacco etc., simply means that the farmer gets no protection from the tariff, and that he in common with all other consumers, pays higher prices dn account of the tariff." Oldfield points out that the United States exports many times the ciuantity of the last-named articles that she imports. The exports must be sold at the world prices, he said, which are usually lower than United States prices and drag the latter down. ‘When our exports largely exceed our Imports in any commodity, the tariff means absolutely nothing in the way of protection We probably export nearly a billion dollars worth of meats yearly, to the $7,000,000 worth Imported. How can a tariff aid in the situation like that?" he asked.

‘ALL-COMERS’SWIM PROMOTE CHANNEL (Continued From Page 1) Ederle, offering to swlc any or all channel aspirants for a purse of $20,000 as reported in press dispatches from Germany is a bona fide challenge,” Ferguson said, "NEA Service, Inc., and the ScrippsHoward newspapers will contribute $5,000 immediately toward such a purse on behalf of Miss Lillian Cannon of Baltimore, Md. “I have cablet! to Ixrndon inquiring whether the Westminster Gazette or Lord Riddell of the News of the World would care to contribute a similar amount on behalf of a 'British swimmer, either man or woman. “If the backers of Miss Ederle then care to contribute to the purse she suggests, it would seem that the swim might be possible. Fatterson Interested “Asa sporting proposition, I would suggest that Miss Ederle might be regarded as at least a oneto two favorite, as she is the only person to swim the channel this year. The purse could he offered on the basis of winner take all.” On being informed of Ferguson’s statement. Joseph Patterson of the Chicago Tribune-New York Daily News and Associated Enterprises, which were interested in Miss Ederle's swim, said he found the suggestion interesting and he desired to give it consideration. He suggested, however, that a similar swimming event might be worth while in this country. EAGER FOR DISCUSSION Head of News of the World Welcomes Suggestion. Bv United Press LONDON. Aug. 18.—Sir Emslie Carr of the News of the World today said he was eager to discuss joining American newspaper publishe,,s in offering a large prize for an all-comers international crosschannel swim. Fugitive Lifer Returns to Cell Bv United Press MICHIGAN CITY, Ind.. Aug. 18. —James Whittinger, a lifer, is back at his duties at the State prison pumping station today because his conscience w'ould not let him go free. Whittinger, who was sentenced at Lafayette in 1907 for murder, boarded a train for Chicago Monday. He spent that night in a corn field near Lagrange, 111., and during the night his conscience would not let him sleep. The next day Whittinger hired a taxicab at Chicago Heights to bring him back to Michigan City. When he reached the prison he paid the bill of $lO out of his earnings at the prison. Warden Walter H. Daly said that it was the most unusual case in his twenty-seven years at the prison and that Whittinger will not be punished. PUBLIC DIP THURSDAY ‘Boy Preacher,’ 9, to Give Exhibition at Park. Richard Headrick, 9. “boy preacher,” conducting a series of meeting* at Cadle Tabernacle until Sunday, will give a swimming exhibition at Rhodius Park Thursday at 10 a. m. The boy first swam when 3 months old, his manager stated. He holds several swimming medals. Tonight he will sing, play various musical instruments and preach at the tabernacle. m

SO EXTRAORDINAR Y, OUR WOMEN FOLKS They Don’t Know What They Want, and, When They Get It, They Don’t Know How to Wear It.

By Everett R. Holes United Press Stall Corresoondent CHICAGO, Aug. 18.—The American woman doesn’t know what she wants when she enters a store and after she gets it doesn't know how to wear it properly, forty-nine officials of Selfridge's, London, agree. The party—candy salesgirl to general manager—is in Chicago learning how the American stores “put across” their merchandise and taking a few notes on the comparative tastes of Americans and Britons. "So extraordinary," Miss M. T. Hodge, a vivacious little woman who visits Paris, Berlin, Deauville and other fashion centers for Ideas, told the United Press today. “Why, in New York and Chicago the women come in, try on everything in sight and if they happen to buy anything the chances are they send it back when they get home," she said. ‘Comfort Doesn’t Matter* “You Americans spend so much for clothes and yet you don't use good taste. 1 notice so many stout women with models made for slim persons and visa versa.” Comfort doesn’t seem to matter with American women. Miss Hodge observed. Tight fitting waists and skirts met the disapproval of the entire delegation, which defended the loose, conservative modes of their women. • "Only our customers don't ask if they may take a dress out on approval to see if their husbands approve of it," George Seal, leader of the party, offered. American salespeople came in for a great share of the blame for the merchandising ills.

SI JS CITY TAX RATESUBMITTED (Continued From Page 1) Charles Mendenhall. Requests of the city council and the city plan commission for legal counsel also were refused. The duties of the special attorneys were delegated to the city’s legal department, to which one lawyer is added. Fire Station Closed Closing of two fire stations and reduction to patrolmen of all intermediate grades of policemen between patrolmen and sergeants brought substantial reductions in tjie estimates submitted by the board of safety. The stations, eliminated by permission of the National Board of Fire Underwriters, are at Washington and Geisendroff Sts., Sixteenth St. and Ashland Ave. Only one aerial company is provided at Morris St. and Madison Ave. Provision is made for establishment of an additional fire station house in the vicinity of the ButlerFairview addition. The personnel of the fire force will be approximately twenty-four less. Elimination of a number of easy jobs in the police department is scheduled through a budget provision withdrawing all policemen on special duty and assigning them to active police service, according to Buser. Police Increase Denied Buser refused authorization of a. large increase in the number of patrolmen sought by the board of safety, contending that the withdrawal to active service would add at least twenty policemen. Curtailment of the plan for highstreet illumination slashed $134,850 from the city’s light bills. The municipal asphalt plant wa3 eliminated. ' However, a number of departments receive increased allowances over 1926. The school health rate was raised one-half cent and the same increase was granted the police and fire pension funds. To the street commissioner’s department, an increase of $21,800 was granted. Other increases were, city clerk, $2,085; to print and publish council ordinances. Garage, $19,075; for employment of two additional mechanics and equipment. necessitated by elimination of the police automobile garage, which will release four* policemen now on repair duty. The garage will be connected to the city hall for heat, which is now obtained from a utility. Gamewell department. $11,515, because all electrical supplies will be charged to this department instead of other units. Dog pound, $2,210. Building department, $1,280. Market, $4,920 to provide for repairs under way. Board of sanitary commissioners, t/2 cent. New equipment accounted for an increase in the police department budget of $32,237, while the estimate for the fire department was lowered $20,753.

Local Wagon Wheat

Local grain elevators are paying $1.20 ter No. 2 reo wofcai Otoer grade* ar ourchaned on their merit* BUTLER MOVE LOSES Beard Rescinds Action on Proposal To Widen Street. A proposal to widen Forty-Sixth St., from Meridian St. to Sunset Ave., in order to create an imposing entrance to the new Butler University site, met defeat at board of works meeting today. The board rescinded all action on a resolution to widen the street from fifty to eighty feet when representatives of resident property owners declared that a large majority were opposed.

Men, Too, Criticised ‘‘American clerks are slow and their service is not up to that found in the British Isles,” Miss Hodge said. “They don't have that personal touch—maybe it's because they become exasperated with finicky customers.” American men also came in for criticism by the merchant.-tourists. “American business men are all business and the young men are all extremes,” is the way one of the heads of a men's department put it. “They aren’t nearly as discriminating as the Englishman and they don’t have that dignified appearance.” Here are some of the American habits the group has been impressed by from their visits to more than two hundred large stores in the United States: The “woolly” bathing suits are still worn in preference to the newer taffeta silk ones. Pajagna outfits, being worn by fashionable London to afternoon teas, are practically unknown here. American women use cosmetics “extravagantly.” British shops do not cater to “fad seekers" as American stores. Embroidered goods are much cheaper in London due to lower duties. Americans have about five times as much money to spend for clothes as do English women. Straw hats are uncommon among Englishmen. The “trilby" or soft felt and the bowler are preferred. The parfy will leave tonight for Detroit for a two-day visit and will sail for home the last of the month.

FORD WINS AIRSHIP BID Will Build All-Metal Dirigible for United States. Bv United Press WASHINGTON, Aug. 18.—Con-, tracts for construction of the first ail-metal airship ever built were awarded today by the Navy (department to the Aircraft Development Corporation of Detroit, a firm with which Edsel Ford is prominently identified, Acting Secretary Warren announced. ' The new dirigible, the first of its kind, will cost $300,000 and was provided for in the naval aircraft bill passed by the last Congress. The Aircraft Development Corporation was the only bidder. Marriage Licenses Glen Lee. 21. 544 Birch, crater: Goldie J. Simpson. 19. Madison. Ind.. housework. Richard A Fletcher. 29 926 E. Fourteenth. interior decorator; Mary V. Douglas 23. 1345 Cornell, teacher. Elmer Flnke. 24. Korwood, Ohio, truck driver: Orene Rogers. 18, 2840 North western. Otto J. Maier. 22. ,R R 5 Box 634. painter: Louise A. Chandler, 18. 617 Concord. file clerk. Herbert J. Harrison. 41. Piamfleld. Ind.. officer: Effte M Holding. 44. 3471 Illinois. nurse. J Franklin Bruce. 20. 2251 Central, salesman: Margaret McCain. 24. 123 S. Emerson, teacher. Births Girls William and Mary Lukins. 2317 W. Walnut Fred and Orpha Lamb. 2004 W, Morris. Millard and Elsie Wills. 14.34 S. Richland Edward and Dorothy Browning. Methodist Hospital William and Katherine Roberts. Methodist Hospital Clyde and Thelma Allred. 1017 Tecumseh Boys Howard and Ethel Deakem. 1750 W. Morris, Basil and Mary Williams. 1111 N. New Jersey. Lowell and Alice Franklin. Methodist Hospital. Joseph and Ruth Ricketts. Methodist Hospital. Rvland and Ruth Pratt. Methodist Hospital. Charles and Mary Miller. 1709 Miller. Frank and Julia Freije. 1131 Lexington Twins Charles and Mabel Grlner. 1136 Giraber, girls. Deaths Carrie May Wilson. 33. city hospital, post partem hemorrhage. Joseph Pauese, 76. Long Hospital, chonic myocarditis Ire Richardson. 84. 1731 N. Capitol, accidental. Douglas Killian Armstrong. 66 city hospital, chronic myocarditis David Wood. 33. Central Indiana Hospital cystitis. James Green Morgan. 25. St. Vincent, cinns thrombosis. Infant Jones. 1 hour. 1957 Sheldon, premature birth. Frank Fleener 58. Methodist Hospital, chronic mvoearditis Elmer Morton Vorhls. 62. 330% S East, cerebral apoplexy Grafton Andrew Clary. 70. 20 N. Drexel Ave . arteriOßc’erosis Goldie M. Wagner. 25. 625 Warsaw, nephritis. Margaret Fletcher. 70. 324 N. Addison. chronic myocarditis.

.i 0 Just make $4 or $5 weekly—that’s # 0 that will help to meet the rent, buy 0 ill 0 now clothing or pay household bills. 0 \ 01| jfߧ§§j§S| 0 Tt’s easy to obtain this extra weekly J Jw|||9|| wtk. | income if you have a spare room. 0 S&Hfr . p >■■■■ v .. c/,r. Many people from other cities and 0 ..1.., J^jg^gSdSttwlf ;* 0, towns who come here to live and % t - 0 work are daily looking for a cozy 0 * v 0 room where they can live in home- 0 % "f? % like surroundings. M i*. — ' * # .„„ § SSyriffEll y 0 A Room For Rent" ad in The I £'■ TSSKSSvsSi -i 6 Times will reachVhese DeoDle. and % Sr^^-a-SbS | bring a selection of tenants to your 0 'f: ~ g door. Call Betty Lou, she’ll tell you f ?!*!“¥?? “ ."■ | how to go about it. | j Main 3500 f | "A.kforßttyLoaL ——

PAGE 11

BURY GIRL VICTIM OF ATTACKERS Virtue That Meant More Than Life Itself Is Honored. By Max Buckingham, United Press Staff Corresoondestt CHICAGO. Aug. 18.—The tenement district of S. Halstead St. today paid honor to virtue that meant more than life itself, when mourners gathered for the funeral of pretty Mildred Pratseher. The young woman died after having been taken for e motor car vide in a “phantom car” by two morons Rather than accede to the demands of her companions she either leaped from the motor car or was tossed out and the injuries she received resulted in her death. S. Halstead St. has mourned the death of Mildred. She was one of the principal rays of cheer to that drab section, although being forced by circumstances to support her mother, four brothers and sisters. All this she did with a smile. She aided neighbors when they were in trouble and she fondled many of the grimy youngsters who play in the streets of the district. And the neighborhood today honored the girl with a "Christian funeral” as they describe it in the community. Funds of the Pratseher family are rather at a low ebb. Mildred's wages were just about sufficient to buy the necessities and this sudden death found no money for funeral expenses. Burial in the Potters’ field loomed. But the neighbors, whose fortunes are not much higher than those of the Pratseher family, decided that Mildred—whose honor was mentioned in revered tones—deserved a better fate than to be buried in the poverty cemetery. Tuesday youngsters toddled through the community collectii g nickels and dimes. Occasionally a quarter fell to them, but most of the money was in smaller change. But this morning the neighbors had sufficient funds to insure a "Christian funeral,” a few flowers, and a, burial plot somewhere other than Potters Field. j ASK LIFE FOR MORONS Names of Four Girls Added to List of Victims, Bv United Press CHICAGO, Aug. 18.—Life sentences in the penitentiary will be sbught for the attackers of young girls who have been active here during the past fortnight, Prosecutor Robert E. Crowe announced today, as the names of four more victims were added to the list One 8-year-old girl was held in a confectionery booth and assaulted by Stanley Papcak, 18, the clerk in charge; another girl, 15, was lured into a vacant store loft and attaced by George Newman, 28, an attache of municipal court; a third girl was duped into accompanying Michael Gasper, 19, into a downtown hotel, while Booker Jefferson, 22, a Negro, was being held for an attack upon a 10-year-old school girt AH have been arrested. The girls* names are being withheld. WOMAN OFFERS CLEW (.‘alls Owner of Stolen Auto After Wreck, An anonymous telephone call from a young woman may lead to the arrest of persons who stole the automobile of Mrs. John Sugrue, 422 N. State Ave. The car was found in a ditch near Ingals, Ind., where it had been abandoned. Mrs. Sugrue said she received a call from a woman stating the car was there. Residents of the neighborhood said two young men and two women stayed all night in the car after it was wrecked. The following morning the woman called the owner. Police have an accurate description of the couples. American Telephone and Telegraph Company BEIL SYSTEM 148th Dividend The regular quarterly dividend of Two Dollars and Twenty-five Cents ($2.25) per share will be paid on October 15, 1926, to stockholders of record at the close of business On September 20, 1926. H. BLAIR-SMITH, Treasurer.