Indianapolis Times, Volume 38, Number 133, Indianapolis, Marion County, 9 September 1926 — Page 11
SEPT. 9, 1926
PORKER PRICES STILL ON INCLINE
STOCMCOVER FROM PREVIOUS BREAK IN VALUES Traders Relieved Because of Steady Boston Loan Rates. Average Stock Prices Average of twenty industrial stocks for Thursday was 1155.05. off 1.05. Average of twenty rails. 121.79, off 1.23. Average of forty bonds. 95.14. unchanged. BU United Prefix NEW YORK, Sept. S.—Stocks recovered sharply from Wednesday’s late reaction at the start of trading, reflecting the relief felt in speculative circles over continuance of the rediscount rate at Boston at 4 per cent. General Motors rebounded a point to 218 and Steel % to 150%. Vigorous bullish demonstrations were resumed in special issues. Radio Corporation gaincA a point to 50%, while Warner Br,otfers ran up 2 points to 55 and Postum Cereal 1 % to 108. Stocks developed a greatly improved tone toward noon under the influence of a better demand for rail and industrial leaders. C. &O. jumped 4% points to 162 Vis on estimates by a minority stockholders’ committee that the balance for the stock this year would v be $25.17 a share. Norfolk & Western advanced fractionally to 16614 on buying based on the belief that the company might take steps about divorcing its California holdings before the Pennsylvania lease is consummated Banks and Exchange —Sept. 9 LOCAL CLEARINGS Indianapolis bank clearings for today amounted to $3,874,000. Debits, SB.035,000. NEW YORK STATEMENT Bu United I‘refifi _ NEW YORK. Sept. 9 —Clearances. $893.000.000; balances. $82,000,000. NEW YORK STATEMENT Bu United Press „ NEW YORK. Sept*9.—Clearances. $893,000.000- ualaices, $82,000,000. I—— —————————— —— Commission Row PRICES TO RETAILERS FRUITS Apples—New. 40-lb. basket: Transparent. 75e®$1; Duchess. $1 M 1.35: Wealthy. $1.25421 50; Wolf River. $1421.25; Maiden Blush $1.50' Liveland rasp.. 81. Bananas—Pound 7 Vic. ... Cantaloupes—lndiana, flat crt.. 90c® $1: Indiana Tiptop, bbl.. $2 42 2.50: Colorado pink meats, $1.25 41.! 1.50: Honeydew. crt.. $1.75: Honevball. flats. $1.264tl :>O. Grapefruit—lsle of Pines, box. SO.oO <a Grapes—Califorok Tokay. crt., $242 2.25: Malagas #1.50421.75- Arkansas Concord. 6-lb. basket. 3042 35c: H. G. Concords. lb.. 6c , _ , , Huckleberries —Michigan, 10-qt. crt.. Sv4 50 Lemon*—California box, 85 42 5.60. Limes—Florida 100. $2®2160. Oranges—California. crt. $4®5.25 - Peaches—Elbertas. bu.. $1.75® 2.25: Illinois Hales. *2.00 02.76: Indiana Elbertas. $1.75422.25. ~, „.. Pears—Bartlett* bu.. $2.60® 2.75: alii— Ka puints—bamson. bu.. $2.75® 3: blue. $2.25® 2.50: Washington prune plum*, ltilb. box, 76c®$l. Watermelons —Indiana 60® 65c. VEGETABLES „ Beans —H. G. green DU.. $1.50: H. G. 1 "' Bc. -Is—H *' 4 ‘Uiz. bunches, 26® 30c. Cabbage—N. Y.. bbl.. $1.73 02 Carrots —H G.. dor Dunches. 30®3.c. Cauliflower—Colorado, crt. $2.26. Celery—Michigan Highball, crt. $1 ® 1.25 fancy Michigan doz 30035 c. Corn—ls G.. dor.. 15®^8e. Cucumbers —H. G., doz.. 50c. Eggplant—H. G.. doz $1.20 Garlic—Pound. 12 421.5 c Kale—ll. G.. bu. 500 00c. Lettuce —Western Iceberg. crt.. $7 ® 7.50: H. G. leaf. 15-lb. basket, 50@60c; Mangoes—H. G.._ bbl v 51.25®1.50. * endive, dor, 454250 c. j Onions—H. G. yellow, bu, $1.2a01.35: ■white bu, $1 25421.50: California yellow 100-lb. bag. $2.75 42 3: H. G white nickring 11-pound basket $1®1.25: Spanish crt, $1.75421.90: green dor, 254230 c. Parsley—H. G„ doz bunches 40®o0c Peppei'S-r-Long red lb. 20c. Squash—ll G. white summer, bu. 60 (0 75c Potatoes —Kentucky cobblers. 150-lb. bag $4.2504.50: Minnesota Early Ohio* 150-lb bag $4.2504.50- 120-lb bag * 3 Rad?BheL—H. G. long white, doz, 35® 40c. long red. 5542 40c: button. 50 42 60c. Sweet potatoes—Carolina. Dbi $7 0008 Spinach—H. G.. bu.. $1.10<01.25.
SIKORSKY PLANE IN TRIAL FLIGHT Arrives at Washington Without Mishap. B BOLLmG CM FIELD, WASHINGTON, Sept. 9. —The giant Sikorsky airplane, built for the New YorkParis non-stop flight, arrived here shortly after noon today on its first long test flight. It had left Roosevelt Field, Long Island, at 9:20 eastern standard time and made the trip without mishap. The biplane carried besides Capt. Rene Foncli, and Lieut. Snody who nitended to fly to Paris, Baron Sikorsky, designer, a crew of three and seven passengers. Fonck intends to here over night, making several test flights over the city this afternoon, and then will fly back to New York Friday. Assistant Secretary of War Davidson was making an ascent as Fonck’s giant craft came into N the field and the official craft passed close toTfonck’s. Fonck planned to check on the quantity of gas consumed, so as to give him a barometer on what the machine can accomplish in Its transatlantic vehture. WRECK AT PARIS, I LI,. BU United Press PARIS, 111., Sept. 9.—Five trainmen were injured Thursday rooming when a Big Four freight train, No. 85, was derailed by a track washout west of here. The engine and the first eighteen cars overturned. Big Four officials declared that twenty-four hours would be required to clear the wreckage and allow through traffic. Among the rarest of living creatures is the platypus, of Tasmania, which has the bill of a duck, fur like a seal, and a pouch like a kangaroo. \
New York Stocks (Bv Thomson Sc McKinnon)
—Sept. 9 (All quotations New York daylight saving time) Railroads— Frev. High. Low. 2:00. close. Atchison . .168'/* 156(4 157 >. 15644 At lan C. L. 237 4 233 837% 235 B& O S. . 108 107 107% 107% Canad Pae 107 '4 100% 107 160% C& O ... 162% 157% 162% 158 C & NW. . 81% 80% 81% 81% C R 1 & P. 05 '4 05 05 % 04% Del Sc Hud ISO % ... 178% 180 Del & Lac 143 Erie 33 % ... 33 % 33 V 4 Erie Ist pfd 42% ... 42% 43% Gt Nor pfd 79 % 79 79 % 78 % Lehigh Val 90 % . . 90 % 90 % K C South. 50% 49 50% 49% L Sc N 142 M K Sc T . . 39 '4 38 % 39 ’4 38 % Mo Pae pfd 93% 93% 93% 93% N Y Cent.. 145% 144 145% 144% NY NH Sc H 40% 45". 4040% North Pae. 81% 80% 81% 80% Nor & Wn 100% 104% 100% 100 Pere Marq 104% ... 104% 105 Peunsy ... 50 ... 5,> % 50 Reading ... 90% 95% 90 90 S Railway 128% 127% * 128% 128% Sou Pacific 108% 108% 10H% 108% St Paul ...12% ... 12% 12% St Puul pfd 23% .- ■ 22 % 28% St, L Sc SW 70% 09% 70% 69% St L& S F 100 % 99% 100% 100% Union Pae 161% 160% 161 161 Wabash ...48% 47% 48 48% Wabash pfd . . 77 % Rubbers— Ajax 0% 9 9% ,214 Fisk 19% 19% 19% 19% Goodrich .. 51% 51 51% 51 Goodyr pfd. .. ... ... Kelly Spgttil „ U S Rubber 66% 05(4 66% 00% Equipments— A C and F 103% ... 103% 103 SHORT COVERING BOOSTSGRAINS Wheat Rises on Heavy Buying in East. Bu I nited Press CHICAGO, Sept. 9.—Short covering sent grain prices to a close sharply above that of Wednesday on the Chicago Board of Trade this afternoon. Wheat led in the bulge. The buying of nearly a million bushels of that grain by the East caused prices to rise over 2 cents. Local bears who had been on the selling side were forced so cover. Liverpool closed 94c to %c higher —much more than was expected, and foreign news was generally bullish. The fine weather In the Canadian Northwest had but little effect in the pit as the movement is not yet under way. However, realizing sales began, and these caused the market to lose some of its gains. The close was 1% to 1% cents above Wednesday’s final Cash values were 1 to 1% cents higher. Com had a strong opening, because of the rains over Illinois Indiana. However, reports of large stocks on the farms and the late weakness in wheat were bearish features and caused a reaction. The close was % to % cent over that of Wednesday. Cash prices 1 cent higher. Damage to oats in the shock was offset by the large stocks of old grain at terminal points, so that this grain was influenced in the main by the trends of the other pits. The close ranged from unchanged to % higher. The cash articles sold t£c higher. closed higher on the Strength of the hog and commission house buying. Chicago Grain Table —Sept. 8— WHEAT— Prev. Open. High. Low. close. close. Sept 1.30% 1.32%. 1.30 1.31% 1.29% Deo. 1.33% 1.35 1.33% 1.34% 1.33 Mav 1.39 1.40% 1.38% 1.39% 1.38% CORN— Sept .76% .78 .76% .77% .76% Dec. .83% .84% .83% .84 .83% Mav .90% .91% .88% .90% .90% OATS— Sept .35% .36 .35% ,35 % .35% Dee. .41 .41% .40% .41% .40% May .45% .46 .45% .46 .45% LARD— Sent 14.57 14.70 14.47 14.65 14.55 RIBS—Sept .92 .93% 2 .93% .92 Dbc. .97% .98% .97% .98% .96% May 1.03% 1.04% 1.03 1.04% 1.03 CHICAGO. Sept. 9.—Carlot receipts: Wheat. 35; corn, 36; oats. 44; rye. 5. CHICAGO Sept. 9.—Primary lVcelpts: Wheat. 2.288,000 acrainst 1.065.000: corn. 403 009 against 578.000: oats. 879.000 against 1.198.000. Shipments: Wheat, 1.077.000 against 1.346.000: com. 257.000 against 252.600; oats. 298.000 agailWt 924.000. TOLEDO Sent. 9.—Grain close: Wheat —No. 3. $1.31 % 01.38 %. Corn—No. 2 81%®82%e. Rye—No. 2. 93c. Oats— No. 2. 39®41n. Bariev—No. 2. 700. Clover—imported. $20.50: October, $22.50; December, $18.15: February, $18.25. Timothy—Cash.) new. $2.95; September $2.95: October, $3. Alsike— September. $18: March. $18.25. Butter —45.® 48c. Eggs—34® 36 c. Hay—s2B. In the Sugar Market N (Bv Thomson Sc McKinnon) NEW "YORK, Sept. 9.—Refined sugar business is on the increase and prices have hardened. An advance in quotations to 5.80 cents in the near future would not be surprising. Foreign demand for Cuban raws has likewise grown recently. We have the basis for a satisfactory market in f \ tin res and I believe* a bullish position be maintained. i In the Cotton Market — % (By Thomson & McKinnon) NEW YORK, Sept. 9.—Five minutes after the report Wednesday the tone of the magnet was as strong as ever. Nevertheless I advise only a trading position for a few days. We have played the long side hard and caught the bottom and top. Let's see what the new crowd is going to do with its cotton. i Births Girls > George and Clara Clanton. 1147 Fletcher. Leroy .uid ’Catherine McAllister. 216 E. 1 mutie and Ruth Gossom. Methodist Ho*and Helen Kennedy. 949 Lexlngton. Ludwig and Flora Burek, 1127 LexingClarehee and Ruth Currcns. 1429 W. Twenty-Fifth. _ August and Julia Powell, 710 N. Holmes. _ Boys Moss and Loretta Kenniijgton. 852 N. Dearborn. _ ... Clarence And Georgia Anderson, 2808 BU Morri3 and Eva Davis. Methodist HosI>i, Louis and Maudie Poynter, 1735 E. Raym°Kay- and Helen Seiwerth, 904 S. Alabacia'rence and Cyldia Pell. 1234 S. Harla,Eskel and Selma Sannan. 1130 Finley. Liscumtitus and Hulda Darrough, 1444 Lawrence and Laurena Gordon. 1415 W. Nineteenth. Deaths Evqrett LaYerne Hunt. 2Todays, city hospital. erysipelas. . William Johnson. 50. 719 E. Georgia, lobar pneumonia. _ Fred Nelson. 43. 3342 Glenn Dr., car- ' "Norris Eugene Cash. 6 months. 451 Agnes. acute gastro enteritis. Marjorie Nowak. 7 months, city hospital whooping cough. , ~ Albert Thompson. 2 months. 2100 Gent Ave, acute gastro enteritis Charles Applegate Tonne 83. 131 E. Southern, chronic myocarditis.
Amer Loco 107% ... 107% 107% Ant Stl Fdy 45 ... 45 44% Bald Loco 121% 180% 121% 121 Gen Elec... 91% 90% 91% 91% Lima ..... 61 ... 61 61 N Y Ail-bk 46 % 45 4o % 45 IT Stl Car.... ... ... 42 % Pullman ..102 190 192 190% West A B 137% ... 137% 135% West Elec. 71% 70% ?1 7u% Steels— Bethlehenf. 47% 47 47% 47% Colorado F 45 % 44 % 44 % 44 % Crucible .. 74 % ... 74 U 74 % GuJL-S Stl 70% PRC Sc I 47%. 46% 47% 46 % Rep Steel. 60% ... 00% 60% Sloss-Sheff ... ... ... 133% U S Steel.. 150% 140% 160 150 Union Al. .. . ... ... 32% Vanadium ... ... ... . 39 % •Motors— Am Bosch 20% ... 20% 21 Chandler ..38 ... 31% 32 Chrysler . . 30 % 36 % 36 % 30 % Contmebtl M 11% ... 1 % 11 % Dodge ... 30% 30 39% 30% Garbriel . . 33 ... 33 33 Gen Mot 219% 216% 218% 217 Hudson .. 67% 66% 07% 60% ' Hupp .... 26 % 26 % 26 % 26 % Jordan ... 80% 19% 20% 20% Mack 125 123% 121 184% Moon .... 22% 21% 21% 22% Nash .... 61 69% 61 60% .Packard ..37 ... 36% 37 Pierce-Ar... 31 ... 30% 30% Studcimkcr 58% 57% 58% 57% Stewart W 60% • 66% 66% Timken ... 64 % 64 % 64 64 % Willys-Over 22 % 26% 87 27% White Mot 59% ... 69% 50% Mining— Am Smelt 147% 140% 147% 146% Aucouda.. . 60 ... 49 % 60 % Corro De P 70% VO% 70 % 70% Int Nickel. 37% ... 37% 87% Kennecott.. 67 56 % 57 57 Tex G Sc 9 109 ... 169 168% U S Smelt ... ... ... 38 % , Oils—- • Atlanta R 113 ... 113 114 Cal Petrol. 33 % ... 33 % 33 % Freeport T 27 % ... 87 % 87 % lml Oil . . 26 % 20 26 % 24 % Mar Oil .. 59% 69% 59% 69% M Cos Pet. 32% ... 32% 32% I’a-Am Pe . 09 % ... OS) 69 % Pa-A Pe B. 69% 09 69% , 69% Pac Oil 1% .:. 1% / 1% Ph Pet ..61% 51% 51% 1 09% Un Oil 62 % ... 62 % 52 % Pu Oil 27 % ... 27 % 27 % Ro Du v . . 58 % 52 % ... 62 % Shell 30 29% 30 89% Sinclair ... 2k% ... 21% 21% 9 kelly 35% 35% 35% 35 % St O of C. . 62 % ... 62 % 63 St O of N J 43% ... 43% 43% Tx Cos ... 56 55 % 55 % 56 % Tr Pet .. . 4 % ... 4 % 4 % Industrials— ; Ad Ru .. 13% ... 13% 13% Al Ch 99% ... 90% 90 Al Ch ...137% 135% 137 137 Ar A 17% ... 17% 18 Am Can .. 57 50% 50% 57 A H Sc L pfd 44 ... 44% 44% Ant Si Ha 65% Cen Let . . 9 ... 9 9 Cooo Cola .161 ... 161 161 Cont Can . 80% ... 80% 80% Cer Pds 43% Dav Ch . . 30 % ... 30 % 36 % Dupont 307 305 307 398 Fa Pi 114% ... 114% 114% Gen Asp .. 99’, 90% f)0 % 91% Int Cos En. 54 % 53% 64 % 54% Int Pa . .. -. 60 % 60 % 00 % 60 Int Har ..131% 130% 131 131% M De St 127 Mt Wd .... 67% 66% 67% 66% Gw Bot ... 70% 79% 79% 79% Radio 58% 60% 58 49% Rein Ty ..117% \. . 117% 117% s- Roh ..57 q, 57 5- q, 571{ Und Drug 168 ... 168 168% IT SC IP 217% 213% 214% 214 U S Ind Al 76 % ... 76 % 75 % Woolworth 164% 164 164% 194% Utilities— A T and T 147 ... 147 147% Amer Exp. ... ... ... 125 Am Wtr Wk . . ... . ' 59% Brklyn Man 64 63% 64 63% Col G and E 88 ... 82 82 % Cons Gas 110% ... 110% 110% Interboro .... ... ... 43 % No Amer Cos 54 % ... 54 54% Peonies Gas . . ... ... 136 % Phila Cos ... . ... ... 73 St G and E 56% 55% 50 56% West Union .. ... ... 150% Shipping— Am Int Corp . . ... ... 34 % A Sand C 7% ... 7% 7% Allan Gulf. 40% ... 40% 41% In M M pf 31% 31% 31% 30% Untd Fruit. .. ... ... 118% Foods— Am Sugar.. 75% 74% 75% 74% Am Bt Sug . . ... ... 22% Austin Nich 11% ... ’ 11% 11% Beech N Pk . . ... ... 61 % Calif Pkg. . 72% ... 72 71 % Corn Prod . 45 % 44 % 45 45 % Cuba Cn pfd . . ... ... 38 % Cu Am Sug 32% 22% 22% . 28% Fleiachman.i 50 49% 50 49% Jewel Tea.... ... ... 40 Natl Biscuit 92% ... 92% 92% Punta Aleg ... ... 35% Postum .. 108% 100% 107% 100% Ward Bak B 35 % 34 % 35 34 % Tobaccos— Am Sumatra 32% 32 33% Amer Tob 124% i?3% 124% 124'. Am Tob B 123% 123 123% 122% Cons Cigars 77% 77% 77% 77% Gen Cigars. .. ... ... 51% I.iggett ... ... 93 Lorillard .... ... ... 31 % R J Uvnlds 110% iio ilO% 110% Tob Pro B 112 111% 111% 111% U C Stores 99% Schulte B 8 47 ... 40% 47% Produce Markets Egg*—Strictly fresh delivered at Indianapolis. 28030 c. Butter (wholesale prices I— Creamery, best grade, a pound. 43 045 c: buying price for packing stock. 20c. Poultry—Fowls 22 023 c: Leghorns. 17 0 19(i; ducks, 11012 c. Chdese (wholesale buying prices—Wisconsin Daisies. 24 0 25c: Longhorn* 24 0 270: Liniburger. 27c. NEW 4fORK. Sept. 9.—Flour —Dull and quick. Pork—Easy; mess. $37. Lard— Quiet: middle west. $15.10015.20. Sugar —Firmer: 90 test. 4.33 c: refined, firm; granulated. 6.55®5.70c. CiMfee—Rio No. 7, 18%e: Santos No. 4. Tallow—-Quiet: specials ur~ extra. 8% t 6 Vac. Hay—Weak: No. 1. $1.35® 1.40: ho. 3. $1.1501.25; clover. $1.0501.40. Dresßfd poultry—Quite; turkeys. 30® 60c: chickens. 20® 42c; capons. 38® 50c; lowls, 17® 34c: duoks. Long Islands. 28c. Live poultry—Dull: geese. 12 ® 18c; ducks. 14® 31c: fowls. 20® 35c: turkeys. 30c; roosters. 18c: broilers. 26® 3,>e. Cheese—Firm; state milk, common to special. 24® 25c: young Americas. 23c. Butter—Steady: receipts. 21.407: creamery extras. 43c: special market. 43 %® 44c. Eggs—Firm; receipts, 29.358; nearby White fancy. 57 (a 60c; nearby State white. 38® 56c: fresh firsts. 36® 37 ‘.c: Pacific coast, first to extras. 34® 55c; western whites. 35® 45c: nearby browns, 43® 50 c. Potatoes—Long Island. $1.70 ®4.50: Jersey. sls 0 3.25. CLEVELAND. Sept. 9.—Butter—Extra. 45%®46%e: extra firsts. 44®4.ie: firsts, 41 (4 c: packing stock. 88 %c. Eggs—Extra, 40c; extra firsts, 36c; firsts. 34c. ordinary. 28c. Live poultry—Heavy fowls. 29 ig’Slc: Leghorn fowls. 22024 c: heavy broilers. 28 0 30c: roosters. 17@18c; ducks. <33®2oc: geese, 15018 c; young, 24® 25c. Potatoes—New Jersey. $4.75 for 150 pounds’ Ohio. $1.7501.80 per bushel; Idaho, $303.10 for 100 pounds: Michigan $4.25 for 100 pounds: Minnesota. $4.75 for 150 pounds. Local Wagon Wheat Local grain elevators are paying $1.20 for No. 2 red wheat. Other grade* are purchased on their merits. THREENAMED IN VALENTINO WILL I > Will Be Filed Friday—Cuts Off Second Wife. Bu United Press LOS ANGELES. Sept. 9.—The will of Rudolph Valentino, which is to be filled for probate here Friday, cuts off Winifred Hudnut, the actor’s second wife, with a bequest of sl, according to W. I. Gilbert, who was Valentino’s attorney. However, Teresa Werner, aunt of Miss Hudnut, will share equally with Alberto and Maria Guglielmi, Valentino’s brother and sister, in the disposition of the estate, Gilbert said. The attorney refused to compute the size of the estate. Among the items are actor’s interests in “The Son of the Sheik” and “The Eagle.” his last pictures, and a $50,000 life Insurance policy. Other items are a $175,000 home in Beverly Hills, a collection of armor and antiques valued at $75,000 and motor cars, horses and a private yacht.
THE INDIANAPOLIS TIMES
Heavy Rains Cut Receipts, * Forcing Hog Values Higher. —Hog Price Range— Sept. Bulk. Top. 2. 13.35014.20 14.00 O.OOfK 3. 13.55014.40 14 40 7 000 4. 13.500 1rf.20 14.50 4.900 7. /'13.00® 13.00 14.2:> 9.500 8. . 12.75 014.40 14.n0 h .OOO 9. 12.75014.35 14.00 4.000 , ( Hogs were steady to 10c higher In the trading at the Indianapolis Livestock Exchange. Heavy rains of Wednesday night cut down "the receipts, forcing prices up. Quotations at the principal competitive market were slightly lower. Choice lightweight material brought the top price of $14.60, which was an even 10c higher than Wednesday. Receipts were estimated at 4,500 and 255 were held over from the previous trading period and added to the total fresh receipts. The bulk of the matured hogs were sold at [email protected], which was steady to 5c lower than prices quoted at the close of the previous trading session. Hog Price Range Matured hogs weighing 160-180 lbs. were sold at $14.60, which was steady to 10c higher; 180-200 lbs., $14.40, steady; 200-210 lbs., $14.55, steady to 10c higher; 210-220 lbs., [email protected], steady to 10c higher; 220-230 lbs., sl4, steady to 10c higher; 230-240 lbs), $13.75, steady; lbs., $13.60, 10c higher; 250-260 lbs., $13.25, steady; 260-270 lbs., $13.10, 10c higher; 270-280 lbs., $12.75, | steady; 280-290 lbs., $12.60. 10c 1 higher; 290-30(k lbs., $12.25, steady; 1 300-325 lbs., sl2; 325 lbs. and up, $11.50. | The cattle market was steady to 125 cents higher. Receipts were esti mated at 1.200. The feature transac tlon of the sales of the morning wu.the sale of ten loads of steers a' $10.75. Beef steers were 15 to 2T cents higher and other grades were steady at $lO to $10.50 and down to $8.50. Choice light heifers were steady. Cows were 15 to 25 oents higher at $5 to $6.50. Cutters and low cutters were quoted $3-50 to $4.75. Calves Were Higher The calf market was strong to 50 cents higher with a top price of sls. The bulk of the sales were made at $14.50 to sls. The run was estimated at 500 vealers. The heavy rains of Wednesday night wet the fleece of the lambs hut the market was 25 to 50 cents higher In spite of this condition. Loads of ovines were docked for wet wool. Choice lambs were quoted at $lO to $14.50; sheep, $6.50 down; bucks, $3 to $4; choice breeding ewes were priced at $6.50 down. The comparatively light run was estimated at 700. ' !SBfS gt {Sf 820-230 lb* 240-’3O lb* SS-Sjf 200 270 lbs is iV Prime yearltn** .. . . • 10 50 Good to choice fat steers.. 10-CKD. io.j-o mPdlum BUer *:; 10:88810:88 Common to medium tiejfer*. . 09 g 5 'Common to medium ..*••• outmi-ou , — l>‘>eep and Ijun^ 00@ 14.30 Breeding ewes **.’. ’. ‘.'. '• o ” , ° Other Livestock CHICAGO. Sept. 9 (By department of Agriculture> —Cattl<r“. \j.' v erai fed Steers active. 15® ~sc higher, several load* yearling*. A 1 JrP 0 ’ #^ bulk pound average *l2 6. fed steers DU *9.60: shc-sbx’k druggy, weak to lower, except light fed .beifers bulls si steady: vealers steady. SH-" a ‘“To rg packers: *L3.aO ami up s^ieii packers and feeders, active, bticep lamb* 2?>c 'higher, no wjitera soldj natWes around *14.25: ins- a* gaJPtu EFSfSw-ISgl sp.4oeuilfo: slaughter pigs. $12.~0(a 13 i' , AT BUFFALO. Sept. 9.—Hog—Receinu 1.50(). held over 957: market !?&■ Mi saa? m Silrttti SSri mSS. to) "Sw* *6.00® 6,76: low cutter and cutter cows. *2.50 ®4.60: vealers. 015.00. Sheep—Receipts 300. market '.•"Ob*. 25c up: sheeo steady. $ *■* lambs, *15.20, bum xai -r---15.25: --15.25: bulk cu'l lambs. *ll 00 011.50. bU ST ,a [oms' Sept ®9 -Hogs-Recelpts 14,500. market stcadj- to 10c rmimds afl4 25^160 to 200 pounds. fe‘ ffefeows ¥5.7y! I lowtej{^ ceTots. yM- uiV° Lat°lamhs" |t : 4:°Vlk cull* 8 lambs' *8.50: bulk fat CW CINCINNATI. Sept. ceipts. 3.800: holdovers. 1.117. mark t, 156 up: 250-350 A l 4i>.°?ro"2o6 200-250 Pounds 446 ' 130100 pounds, Si®l4 14 n0-130°pounds. *l2® 13. .25: stendy vo 2fie’ P = 15 euli & fa sO®o PITTSBURGH. Sept. •— H . oß ™77) R oan D .o 1 800: market a'jU'Xg £"{4 J' to °250 3590 P°nnd9. pounds. 2VrSO ®li T 5 4 130° to l loo'Bound V *l4 25 M to 130 J)oynds fca *14014^2.,. packing sows *9 010/71. ceipts. 59. H J”veaiers $15015.50. Sheen lambs. *ls. .. HIGH PRICE FOR STEERS Check for $30,845.05 Is Given to'Oxford, Ind., Man. The sale of 204 white-faced steers at the Indianapolis Livestock Exchange for a total price of $30,845 05 was the feature transaction of the market today. The bovlnes were owned by Roy Steele of Oxford, Ind and averaged 1,417 pounds each, selling at $10.75 a h-nidred pounds. The price on the steers was the large* paid this season for that grade of steers and the check for the amount was the largest ever written bv the Producers’ Association according to Scott Meikes, manager. James Martin was the salesman.
DEMPSE Y IS BOXER; HE DOESN’T FIGHT I So Coliseum Club President Tells Judge in Suit to Stop Fight With Tunney in Philadelphia.
Jack Dempsey is not a prize fighter, but a scientific boxer. The world’s heavyweight champion does not combat for a mere belt or girdle as in ye olden days, hut enters the ring with the assurance beforehand that he gets a pouch filled with gold, winner or loser. Thus testified B. E. Clements, president of the Chicago Coliseum Club, which has brought suit against Dempsey seeking to enjoin him from fighting Gene Tunney, Sept. 23, in Philadelphia before carrying out an elleged contract with the club to fight Harry Wills, Negro challenger. The hearing continued today before Judge Clinton H. Givan in Superior Court Four. "What do they call men, who take part in bouts?” queried Earl Cox, co-oounsel for Dempsey. “Boxers,” answered Clements. “Haven’t you heard them called ‘fighters?’ ” asked Cox. "Yes, but that is slang for box-
We Pay _ 3 % :r '■* Checking Accounts The J. F. WILD &. CO* STATE BANK 123 Eait Market Street,
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4272
era,” said Clements. Clements explained that the proposed WillsDempsey match was to be a boxing exhibition. They were not to fight, just to )j> ox each other,” said Clements. v"Do yhu think it possible for Wills and Dempsey to engage in eight or ten rounds of three minutes each without fighting?" asked Cox. “My idea of fighting 'is with bare fists and wlten they are mad at each other,” said Clements. Clements said that Dempsey was offered a $lO binder in Los Angeles when the alleged contract was signed, but refused it. Paddy Mullins of Brooklyn, N. Y.,
$5.00 St. Louis AND RETURN Children 5 and Under 12 Years—s2.so SUNDAY, SEPTEMBER 12 Train will leave Indianapolis 12:45 a. ra., arrive St. Louis 7 :45 a. in. Returning leave St. Louis 5 :00 p. m. or 10:00 p. m. same date. BASEBALL ST. LOUIS VS. BOSTON American League , Tickets and full particulars at City Ticket Office, 112 Monument CirclH, phone Main 0330, and Union Station, phone Main 4567. BIG FOUR ROUTE
manager for Harry Wills, Negro challenger, insisted that Dempsey is a champion boxer and that there is nobydy in the world today knpwn as a champion fighter, to his knowledge. William L. Hoffman of Chicago, truck manufacturer, testified he went to Colorado Springs, Colo., last July at request of Clements to arrange for the examination of Dempsey for life insurance. Dempsey, he said, refused to submit to examination, declaring Clements held no contract for him to fight Wills. lAke dam breaks Bu United Press JACKSONVILLE, 111., Sept. 9 The dam which impounds this city's water supply in Lake Mauvaisterre, broke early today as a result of heavy rains and flooded the countryside. y Warnings had been sent out and there was no loss of'life. Breakiryp of the dam cut off the water supply of the city. The light and gas plants ceased to function during the night.
The far-reaching importance of the crackingprocesses discovered and developed by the Standard Oil Company (Indiana) is emphasized in a recent information circular published by the United States Bureau of Mines. < ' A “According to the best information available,' about 26% of the gasoline output of the refineries for 1925 was produced from heavier oils by cracking. This represents a production of approximately 2,824,000,000 gallons of gasoline by the use of cracking processes^ A brief review of recent history will reveal the significance of this colossal achievement. /' As far back as 1913 when there were only'me and a quarter million automobiles in the country, men who were, well informed began to worry about the supply of crude oiL 1 ... With a rapid increase in the number of automobiles would the available crude oil be sirffirient to produce an adequate amount of gasoline?^ That was the question which experts were asking. The Standard Oil Company (Indiana) answered it by discovering and developing ils famous processes for cracking gasoline. For in the research laboratories of the Standard Oil Company (Indiana) where the patient and tireless work of scientists goes on day after day, the first commercially successful cracking process was discovered. s. ■* This new method was a spectacular discovery for it stretched the supply of crude, producing double the yield of gasoline obtained by the old methods. The cracking processes belonged to the Standard Oil Company (Indiana) by right of discovery and might have been kept for its exclusive use.' Such a practice, however, would have been con-/ trary to the established policies of this Company, and such procedure would have been opposed to the economic good of the people of the Middle West and therefore was not to be considered by the Standard Oil Company (Indiana). * A. Without a widespread use of the new cracking processes to stretch the supply of crude, refiners would have been unable to meet the growing demand for gasoline and prices would have soared. I i The Standard Oil Company (Indiana) from the beginning has held the interest of the people whom it serves first, and in a consistent spirit of service the Company leased these processes to competitors, that they, too, might better aid in meeting the demand for gasoline.' The immediate result of this action was a sufficient output of gasoline at continued low prices. Today the fact that fuel for nearly 21,000,000 automotive vehicles is forthcoming at a low and equitable price is due in large measure to the processes discovered by the Standard Oil Company (Indiana). / The action of the Standard Oil Company (Indiana) in passing on these valuable processes to competitors is but one practical evidence of the sincerity and earnestness with which the Company endeavors to serve the thirty million people of the Middle West. # Standard Oil Company ( Indiana ) General Office: Standard Oil Building 910 So. Michigan Avenue, Chicago
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TO AID IN ARSON CASE Fred I. King, attorned for the State fire marshal’s office, will assist Prosecutor William H. Rerny ir. the prosecution of the arson charge against Jesse D. Hamrick and his wife, Mrs. Della M. Hamrick, who go on trlaK In Criminal Court Monday, Jt was announced today.
$1522 NIAGARA FALLS AND RETJRN 16-DAY LIMIT Sat., Sept. 11 Full particular* at City Ticket Office, 112 Monument Circle, phone Main 0330, * and Union Station, phone Main 4367 BIG FOUR ROUTE
EXCURSION —TO—CINCINNATI ‘2.75 R ?S“ Shelbyville .... .. .$ .65 Greensburg 1.10 Batesville 1.50 Sunday, Sept. 12 Special train of all-steel equipment will leave Indianapolis 7 a. m.; returning leave Cincinnati 7 p. m., Central Time (8 p. m. City Time), same date. Attend the General Protestants Orphans Feast For tickets and full particulars call at City Ticket Office, 112 Monument Circle, Phone MA In 6330, or Union Station. BIG FOUR ROUTE
