Indianapolis Times, Volume 38, Number 161, Indianapolis, Marion County, 12 October 1926 — Page 11

OCT. 12, 1926

BELIEVE STOCKS SOUND DESPITE * IRREGULARITY Ups and Downs Result of Over-Bulled Issues in Mart. By Timet Special NEW YORK, Oct. 12.—Price movements in the security markets of late have been characterized by puzzling irregularity with sentiment sharply divided. No decided tendency has been present for some time, and the ups and downs of the market have been more in response to technical factors than fundamental conditions. This has given the market a somewhat illogical appearance. Much of the confusion, both in the way of price movements and opinions resulting therefrom may be traced to the fact that under the cover of the advance in sound - securities many issues have been advanced far beyond their value based either on current earnings or future prospects. As soon as the market shows hesitation or sentiment grows less confident, the weakness in the overbulled issues becomes quickly apparent and violent collapses ensue, thus unwarranted uneasiness general market structure. Is Sound So far as underlying conditions are concerned, the market is in a sound position. It is passing through a period of exceptional prosperity, with both production and distribution running at high speed. Nevertheless, there is no evidence of overproduction or undue excess in the way of purchases. Seldom has there been a time in our business history when temperance and self-restraint were more clearly evident. Sasonal declines are making their appearance In various industries. It is not at all unlikely that in some of our major activities we have seen the peak for some time to come. There Is, however, no indication of a recession that should seriously affect security values. Money is plentiful for all legitimate needs, but the knowledge that there is no big surplus to be used for unbridled specular ion acts as a check upon hurtful activities. Political Outlook There appear to be some misgivings over the political outlook with expressions of anxiety over the possible results of the autumn congressional elections. Regardless of such changes as may or may not take place In the personnel of the Houses of Congress, it seems to be clearly indicated that business sentiment over the country in general strongly favors the continuation in power of the executive branch of the present Administration. strong money and credit condWßs now prevailing and the sound and healthy conditions genpral throughout business and industry, promises a well maintained scale of activity in the major enterprises of the country. Corporate earnings promise to reach all justifiable ex pectations. Under these circumstances, it Is believed that such de cllnes as may take place in the security markets will be largely in the nature of recessions to correct unhealthy internal market conditions which ultimately will lay the basis for a vigorous assertion of values in sound and seasoned securities.

Births Girl* Beckham and Cora Falnery. 725 S. East Alfred and Marsarctte Eddelman. 2127 S. Meridian. Lawrence and Mary Vest. 1148 Olive. Constant and Bennie Gola.v 1430 N Warman. Lionel and Olive M-’Cabe. 1230 Beecher. Homer and Thelma Cox. 2507 N. Hard*njf kir]. Thomas arid Marie Harrison. 144 W. Eixh teenth. Edward and Beulah Mitchell. Methodist Hospital. Carl and Rosa Steinbaeh. Methodist HosThomah and Van Summers. 848 Ashland. .John and Fannie O’Connell. 848 Home Place. Boys Max and Elizabeth Hartl, 1801 E. Raymond. Joseph and Edna Jones. 027 W. Twen-ty-Seventh. Ernest and Pearl Evans. 1447 Woodlawn. ) .. Cljdef and Gladys Gabbert. Methodist Ifosm'jl. Lerov and Dorothy Austin. Methodist Hospital. Frank and Margaret Callahan. 413 S. Harris. Deaths Mayme Huddleston. 28. Flower Mission. puhaLnary tuberculosis. influenza. Lee Wiegand. 50. 540 Holly, dlabeWT mcllitus. Bernice Ellingwood Sears. 24. 605 St. Paul, pulmonary tuberculosis. . Edward C. Whitcomb. 45. 1628 Hall PI , pulmonary tuberculosis. Melinda C. Lintner, 82, 2841 Shriver. chronic myocarditis. Clarence losepn Duncan 1. 510 Blake, uremia. Hannah Gardner. 52. 1221 College, carcinoma. Stephen Molnar, 52. St Vincent’s Hospital. typhoid fever. John Scott. 36 city hospital, pulmonary tuberculosis. Bell Adams Manchester. 32 401 N. Randolph. acute cardiac dilatation. Betty Rogers. 11 months, St. Vincent's Hospital, .gastro enteritis. Alma Anna Speth, 23. 2164 Ashland, pulmonary tuberculosis. Henry Wells. 70. 16 N. Noble, chronic endocarditis. William Henry Betts, 58. city hospital, oeticarditis. Dorothy Ann Wilson. 23. 322 N. Holmes, pulmonary tuberculosis George Sheff. 68, 811 Drake, general septicaemia. Kathryn Gest. 0. 1524 Ewing typhoid Elizabeth Stafford. 57. 2251 N. Meridian, pulmonary edema. Lillian Foist. 32. 1246 Herbert, carcinoma. Building Permits w. R Mayer Realty Company, garage. f)56 N. Tuxedo. S2OO. A M. Dawson, garage. 1525 N. Olney S3OO. J, B. Pendergast. foundation. 1015 N. Parker. S2OO. Jennie Marks, foundation. 969 W. Twenty-Sixth. S4OO. A P. Vestal, reroof. 644 Whittier PL. $220. A. H. Brown, furnace. 2524 S. New Jersey. $226. R. A. Hallena. furnace. 2514 S. New Jersey. $225. Charles Quick, addition, 628 N. Dearborn. 5925. J. D. Adams Company, garage. 217 S. Belmont. $2,000 esreign Realty Company, dwellinv. K. Twenty-Fourth. SI,BOO. Emigloby. garage. 3712 Ruckle. 4 Shelhorn Company, garage. 5322 N. Pennsylvania. S4OO. R H Shelhorn Company, dwelling. 5322 N. Pennsylvania. SIO,OOO. K. H. Shelhorn Company, dwelling. 4002 Rookwood. $9,600. R. H. Shelhorn Company, garage. 4002 Rookwood S3OO. R. H. Shelhorn E. Thirt.v-Sixth 58.000. R. H. Shelhorn Company, garage. 630 E. Thirtv-Sixth $260 R. H. Shelhorn Company, dwelling. 036 E. Thirty-Sixth. SB,OOO. R. H. Shelhorn Company, garage. 636 E. Thirty-Sixth. S2OO. R. Royston. porch. 1428 Hoefgen, S2OO.

HOGS OFF 25 CENTS; RECEIPTS HEA VY

Run Estimated at 10,000 Porkers Bulk Is Sold at $13.25(5)13.75, With Top $13.75.

—Hog trlM Range— Oct. Bulk Tod Receipts 0. 13.30@ 14.00 14 00 8.500 7. 13.00 () 14.45 14.15 7.500 8. 13.30<r0 14 00 14 00 7.000 0. 13.40® 14.00 14.00 6.000 11. 1 2 40 <dl 14.00 14 00 7.000 13. 13.25® 13.75 13.75 10.000 The hog market was., generally 25 cents lower in the trading today at the Indianapolis Livestock Exchange, although a few figfllt lights suffered a larger decrease. Receipts were unusually heavy, 10,000 porkers being on the market. Tfiei •e were 529 holdovers. The large run is attributed as the chief cause of the price decline. Top price was $13.75. Bulk of sales were made at [email protected]. Packing sows sold at [email protected]. Pigs- weighing 120-130 lbs., were quoted at $11.75@12; 130-140 lbs., [email protected]; 140-150 lbs., $12.50® 12.75; 150-160 lbs., $12.75@13. Hog 'Price Range Hogs weighing 160-170 lbs. sold at $13.15,. which was 25 cents lower than price* at the previous session; 170-180 180-200 lbs., $13.35, 25 cents lower: 200-225 lbs., $13.55, 25 cents lower; 225-275 lbs., $13.75, 25 cents lower 275-300 lbs., $13.50, 25 cents lower. The cattle market was strong. Receipts were estimated at 1,000 bovines. The extreme range for yearlings was [email protected]; steers, common to chocie, s6® 10.50; common to choice heifers, ss@ll and cows, s4@7. Calves Higher The calf market was strong and 50 cents higher, selliry? largely at $15.50 with a few odd head commanding the top price of sl6. Sales of mixed lots were reported at sls. Receipts were estimated at 1,000. There was little done in the sheep and lamb department. Prices were steady, lambs being quoted at slo@ 13.50; bucks, s3@4; sheep, $7 down, and breeding ewes, [email protected]. Receipts were estimated at 1,200. —Hoes—--160-170 lbs f *13.15 170-180 lbs 13 25 180-200 'bs 13.35 300-325 lbs 13.55 325-275 lbs 13 75 275-300 lbs 13.50 —Cattle— Yearline* extreme ranee.. .50 50® 11.60 Steers, common to choice... fii)o®lo 50 Keifers. common to choice. s.l*o(fell 00 Cows 4 00® 7 00 —Calves- - Best veals 515.50 Bulk of sales 14.00® 16.00 —Sheen and Lambs — Lambs 310.00® 13.50 Bucks 3 00® 4.00 Sheen 7 OO down Breeding ewe* 5.00® 7.50 Other Livestock ST. LOUIS. Oct. 12.—Receints. 12.500. market slow, steady to weak: 250 to 350 lbs., $13.15® 13 65: 200 to 250 lbs.. $13.40® 13 70: 160 to 200 lbs. sl3® 13.90 130 to 160 lbs $13.50® 13.50: 00 to 130 lbs.. sl2® 13; nackinsr sows. $10.25® 11.75. Cattle—Receipts. 6.500:

CROP YIELD ■ IS AVERAGE OF DECADE Hll Vnitrd Pres* ' WASHINGTON, Oct. 12.—Average size crops instead of a short harvest will be produced this season, due to late favorable weather conditions, the Agriculture Department predicts. Yields of virtually all crops are equal to the average for the past ten years, the department said in a statement. Growing conditions during September were good, notwithstanding frosts in the Northwest and excessive rains in central States. The corn crop will be 2,680.000,000 bushels, only 8 per cent below the 1925 crop. No severe frost damage to corn has been reported, but the quality of the crop has suffered somewhat from wet weather. A bumper crop of wheat will be marketed this year. There will be 213,000,000 bushels of spring wheat and 629,000,000 bushels of winter wheat, exceeding the 1925 Wheat crop by 174,000,000 bushels. Oats are poor this year and the crop will only harvest 1,282,414,000 bushels, a decrease of 45,000,000 bushels compared with the 1925 reaping. Larger crops of hoth sweet and white potatoes were forecast. Sweet potatoes are estimated at 79,000.000 bushels, 16.500,000 bushels more than last year. Fruit crops are very large this year. The department estimated apple production at 234,000,000 bushels; peaches, 67,200,000 bushels; pears, 25,000,000 and grapes 2,360,000 tons. Barley, rye, flaxseed, hay, peanuts and tobacco crops will be shorter this year than in 1925, hut there will be no'shortage for domestic consumption, officials said. The buckwheat, rice and grain sorghums crops will be above the 1925 harvest.

Produce Markets

Eggs—Strictly fresh delivered at Indian apolis. 34®36c. Butter (wholesale oricesl Creamery best grade a pound. 46® 50c: buying wire for packing stock 20c Poultry Fowls. 22®23c: Leghorns. 14® 15c: ducks. 13® 14c. Cheese I wholesale buying prices!—Wisconsin Daisies 24®25c - Longhorns 24® 27c Lirahurger 27c. CHICAGO. Oct. 12.—Cheese—Twins. 2.1 1 2 ® 34e: Americas. 24'Ac. Poultry— Receipts 20 cars: fowls, heavy. 24Vic: fowls, small. 18® 1914 c: springs. 22c; ducks 21c: geese. 19c: turks. 34c; roosters. 1814 c. Potatoes—Receipts. 454 cars. Wisconsin sacked round whites. $1.75(hi2: Minnesota sacked round whites. $1.7.5 0 I.oo’ Minnesota and North Dakota sacked Red River Ohios. $2.25®2.50: Colorado sacked rurals. $2 ® 2.40. sacked brown beauties, $2.50®!2.65: Idaho sacked rurals. $2.25®2.55; sacked russets. $2.25® 2.55. CHICAGO. Oct. 12.—Cheese—Twins. 23H®3354c: Americas, 24Vie. Poultry —Receipts. 20 cars: fowls, heavy 24V?c, small 18®19'/ac: springs. 22c: ducks, 21o: gese. 19c: turkeys. 34c; roosters, 18 He. Potatoes —Arrival. 98 cars: on track 356: Wisconsin sacked and hulk round whites, $1.75® 2: Minnesota sacked round whites. $1.75® 1.90; Minnesota and North Dakota sacked Red River Ohios. $2.25 ® 2.60: Colorado sacked rurals. s2® 2.40: sacked brown beauties. $2.50® 2.H0: Idaho sacked rurals $2.25® 2.55; sacked russets. $2.30®2.55. CLEVELAND. Oct. 12.—Butter—Extra. 51'j® 52 Vide in tubs: extra firsts. 49 Vi ®SO Vie: firsts. 46 Vi ®46 'Ac: packing stock. 30c up. Eggs—Extras. 50c: extra firsts. 43c: firsts. 39c: ordinary. 31c: pullets, 25e. Poultry—Heavy fowls. 27® 29c; Leghorn fowls. 20® 22c: heavv springers. 25® 26c: Leghorn springers. 20 ® 22c: ducks. 24®26c: geese. 18®22c. Potatoes—Michigan round whites. 150pound bags. $4.15®4.25: Maine and New York. $4.20®4.50: Ohio*, bushel sacks, $1.75: poor. $1.80: Idaho russets. 110nound sacks. $3.35 0 3.60 : 60-pound boxes, $3.75: Wisconsin. $3.85 per 150pound Backs.

t'rU slow to steady; beef steer*. $8.50® lO.oO: light yearling steers and heifers $0.0®9.50: beef cow*. *4.75® 5-oQ: low cutters mid cutler cows. $3.35® *eVo £ a 'IT 8 ,, SR*®, 15.35; heavy calves. s6® 8.50; bulk Blocker and feeder steers. $0i’7.35. Slieep—Receipts. 3.000: market steady: ton fat lambs. $13.5(4; bulk fat .knobs. sl3® 13.50; bulk cull iambs. $8..>0. bulk fat ewe, s4® 6. LAST BUFFALO. Oct. 12.—Hors—Receipts. 1,600; holdovers. 130: market steady, pigs higher; 250 350 lbs.. *13.25 €i 14.d0- 200-250 lbs.. sl4® 14.2 ft: 100200 lbs.. $13.75 so 14.25; 130-160 tbs.. sl3® 13.75: 00-130 lbs.. sl2 25® 13: packing sows. $11.25 (u ■ 12.25. Cattle— Receipts. 150; market steady, calves 130. steady: low cutter and cutter cows. $2.50 ® 4.25; vealers. $16.50® 17. Sheep—Receipts. 500: market, u notably steady; choice iambs scarce; top. fat lambs. $14.50. CINCINNATI. Oet. 12.—Hogs—Re eeipts. 4,900: held over 027: market, steady to 25c lower: 250-350 lbs.. $13.25 ® 13.00; 200-250 lbs.. $13.75® 13.00: 160-200 lbs.. $13.25® 13.00; 130-100 lbs.. $12.50® 13.25: 90-130 lbs.. slo® 12.75: packing sows. $10.75® 12.25. Cattle Receipts. 600: calves. 400: market steady, .veals lower: beef steers. s7® 9.50: light Yearling- steers and heifers, 57®10..>0: beef cows. $4.50(0 6: low cutter and cutter cows. $3.50® 4.26: vealers. $10.50® 14.50: heavy calves. $6.50M>10: bulk stock and feeder steers. $5 (o 7. Sheep Receipts. 500: market steady: top, fat lambs. $14.25: bulk fat lambs. $12.50® 14: bulk cull lambs. *s® 8; bulk fat ewes $3.25 ®6. CLEVELAND. Oct. 12.—Hogs Receipts. 4.900; holdovers, 02. market strong to 15c higher: top. sl4: 250 to 350 lbs.. $13.80® 14; 200 to 250 lbs.. $13.75® 14; 160 to 200 lbs.. $13.25® 13.85: 130 so <6O lbs.. $12.50® 13.50; 90 to 130 lbs.. sl2® 12.75; packing sows. s7®l3. Cattle—Receipts. 100; calves, receipts. 400: market steady: beef steers. s7® 8: light yearling steers and heifers, ss® 0.25; beef rows, $3.25® 1.50. vealers. $15.50® 17.50: heavy calves. sß® 12.50. Sheep Receipts. 1.000: market steady: top fat lambs. $14.35: bulk fat lambs. sl4® 14.25: bulk cull lambs, slo®ll.uo. bulk lat ewes. ss® 7, PITTSBURGH, Oct. 12. —Hogs Receipts, 1,000; market active; 250 to 350 lbs.. sl4® 14.30: 200 to 250 lbs.. $14.20 ® 14.30: 100 to 200 lbs., sl4® 14.30; 130 to 160 lbs.. $13.25® 14: 90 to 130 lbs. $12.75® 13.25 : packing sows. sl2® 12.50. Cattle—Receipts none: calves, receipts. 100. market steady at late top Monday: beef steers. $9.60; vealers. $16.50. Sheep —Receipts. 300: market steady to weak; top fat lambs. *14.50. TOLEDO. Oet. 12.—Hogs—Receipts, 600; market, steady; heavies. $13.50® 13.85. mediums. $13.80® 13.90: Yorkers. sl2® 12.50: good pigs. sll® 12.50. Calves—Market, steady. Sheep and lambs —Market, steady. Estimated Receipts Market Cattle Calves Nogs Sheep Chicago. . 10.000 2.000 19.000 22.000 Kansas City 15.500 4 000 7.000 12.000 Omaha . . 8.000 500 5.000 16,000 E. St. Louis 0,500 2.000 12.500 3,000 St. Joseph 2.000 500 3.000 5,600 Sioux City 3.500 3.500 2.000 St. Paul... 3.700 2.800 9.500 3.500 Indianapls. 1.100 1.100 11.000 1.200 Pittsburgh 100 1.000 300 Buffalo ... 200 200 500 100 Cleveland.. 100 100 1.500 1.000 Totals . . .50.000 13.000 73.500 60.600 1 Wk. Ago.. 64.017 167142 75.742 77.086 1 Yr Ag0...04.48,8 10,105 72.789 51.655

CANADIAN GRAIN OUTLOOK GLOOMY Rain Retards Thrashing— Corn Also Poor. / Bu Times Special Rain is retarding thrashing throughout Quebec, Manitoba and Saskatchewan. Not more than 40 per cent of thrashing is reported complete except in Alberta, Ontario and southwestern Saskatchwan where fine weather has prevailed. Harvesting Is nearly complete in Alberta where a small crop is reported. The Saskatchewan wheat yjeld is estimated at about seventeen bushels an acre and thrashing is said to be about 50 per cent complete. Advices State that continued bad weather in Manitoba has delayed the harvest and materially lowered grades. The potato crop in Quebec is expected to be above the average but corn is reported to be poor. Root crops, tobacco and grass pastures are said to be above average. Crops in Ontario are said to have been badly damaged by wet weather with the exception of root crops and fruits which are good. Pastures are reported to be excellent.

Commission Row

TRICES TO RETAILERS FRUITS Annie*—Fancv Grimes Golden, bbL, $4 ® 4 >0: Jonathan bbL, $6.75: Delicious, 00® 90c Maiden Blush 401 b. basket §1. 15® 1.25: King David. 40-lb. basket. Cantaloupes—Hone.vdew melons, crate $2.00. Granefruit—lsle of Pines, box. *5.50. Cranberries —Fancy blacks nail barrels $4.50. Lemons—California, box. $4.75®5.75. Limes—Florida 100 $2.50. Oranges—California, ert.. $7.50®8. Peaches—Fancy Elbertas, bu.. $1.75. Pears—Bartletts ou.. *2.76®3: alliga tor. doz $4 Plums—Danißon. bu.. $2: Washnigton prpne plums. 16-lb., box. 7oe®sl, Quinces—Bu. *2.75. VEGETABLES Beans —H. G.. green, bu.. $1.60: H. G. Luna, bu. 40e. Beets—H. G.. doz. bunches, 30c. Cabbage—N Y. bbL. *2.25. Carrots—H. G.. doz bunches 40c Cauliflower—Colorado, ert.. $2.50 Celery—Michigan Highball, ert.. $1.10: <aney Michigan doz. 40e Corn—H. G . doz., 20®25c Cucumbers—H G.. bu. $2. Eggplant—H G doz. $1.2502 Garlic—Pound. 10c Kale—H O. bu. 40®50c. Lettuce—Western Iceberg, ert.. $4.50: H G. leaf 15-Ib. basket. $1 Mangoes—H G. bl.. $2.50. Onions—H. G. yellow. 100 lbs.. $2: H.G white pickling 15 nound basket. $1.90® 2: Snanish. ert $2: green doz. 40c. Parsley—H. G. doz bunches 50c. Squash—H. G. white summer bu.. 75e. Potatoes—Michigan, round white, rack $4.50: Minnesota Early Ohios. 120-lb. baic $3 90 Radishes—H G. long white, doz.. 25® 30c: long red. 20c- button. 50e. Sweet Potatoes—Fancy Virginia bbL, 3.50: one third bbL. $1.50. Sninach—H G. bu. sl. CHICAGO FRUIT MARKET Bii Vnitrd Pmss CHICAGO. Uet. 12.—Apple*, basket*. Jonathans $1.50® 1.65; grapes. 4-qt. baskets Michigan Oineord. 17® 19c; peaches, bushels. $1.25® 1.75: penrs. bushels. Rartletts. s2® 2.25: plums, bushels. $1.25® 1.50: Honeydews. flats. $1.25® 1.60.

Local Wagon Wheat

Local grain elevators are paving $1.28 for No. 1! red wheat tHher grades are purchased on their merits COL WILLIAMS BURIED 500 Marines Esenrt Body to Grave in Arlington. Bt> United Press WASHINGTON, Oct. 12—Col. Alexander S. Williams, U. S. M. C., victim of an automobile plunge off the Embaroadero, San Francisco, was buried here today with military honors. A chaplain colleague, said services for him, and 500 Marines from Quantico barracks escorted the body to its resting place In the Dewey section of Arlington National Cemetery. A general and six colonels were pallbearers.

THE INDIANAPOLIS TIMES

LAWYER’S MORES PROVEMYSTERY (Continued From Page 1) Mayor John L. Duvall, and that he also was going to insist as Stephenson's attorney that if Stephenson is taken before the Marion County grand jury here at 9 a. m. Thursday, he will refuse to testify unless Judge James A. Collins of Criminal Court gives him a written agreement that nothing he says will be used against him in any of the various actions pending against him In Indianapolis courts. ‘Too Silly’ "The proposal is too silly to consider,” said Prosecutor William H. Remy, who is conducting a grand jury probe into charges that Stephenson is ready to expose corruption and graft during the period when he was “the law” in Indiana. "I will have no advance dealings with a criminal,” continued the prosecutor. Judge Collins said that every person has his “constitutional right to refuse to testify. Let’s wait until Stephenson gets here before we consider his proposal.” Sends Telegram Miller sent a telegram to Stephenson warning him to make no statements. The telegram said: “I am in Indianapolis preparing papers in your case and preparing a petition to require all lawyers to produce all of your records and papers of the appeal of your criminal case into the Hamilton Circuit Court. I am Interfered with by many lawyears and newspaper reporters and I am preparing an answer in the $1,000,000 suit which I will want you to see before filing and I prefer you not to make any statements to any one and not to testify before the grand jury or any court without first being advised by me. "Beware of any statements or any lawyers, or statements made to you by anyone. I wish you would answer this telegram if O. K. to 612 Edwards hotel, Indianapolis, as I am going to file before Judge Sparks this afternoon the papers to get your records so that I will file your records in Supreme Court this week. You can not be advised by other people or newspaper mer. You must not be advised or must not talk and make no statement or sign any papers of any kind. lam In position to know what is going on and you are not. Answer this at once.” Meanwhile, the subpoena of Judge Collins calling for Stephenson's presence before the grand jury Thursday morning was served upon Warden Walter H. Daly of State Prison at the prison farm at Michigan City. Daly said “all right” when a. deputy sheriff from La Porte served the paper upon him. . Over long-distance telephone Daly told the Times that he “will have him there at the proper time.” He would not say whether he would transport Stephenson by automobile or train. "Will Have Him There” "We'll have him there.” Jacob Morgan, Indianapolis attorney, obtained service this noon upon the warden of the writ of habeas corpus issued by Superior Judge Sidney S. Miller in Indianapolis late Monday. This order calls for appearance of Stephenson in Judge Miller's court at 2 p. m. Wednesday, twenty hours earlier than he is to appear before the grand jury. Attorneys for Herbert E. Wilson, receiver for the Hoosier Tailors, Inc., to whom Stephenson owes a large bill, desire to question Stephenson about any assets he may have. The warden said he had not made up his mind as to whether he would produce Stephenson In the civil court. The writ issued by Miller follows: "To Walter H. Daly, Warden of Indiana State Prison, Michgian City, Ind., Greeting: "I command that you have the body of David C. Stephenson, detained in the Indiana State Prison in La Porte County, Indiana, under your custody, as is said under safe and secure conduct before the Superior Court of Marion County, Indiana, in Room Three thereof, at the Courthouse in Indianapolis, Ind., on the 13th day of October, 1926, at two (2) o’clock p. m., there to testify to the truth according to his knowledge, and to answer concerning his property in a certain cause now pending in said court entitled ‘Herbert E. Wilson, as receiver of the Hoosier Tailors, Inc., vs. David C. Stephenson, more commonly knpwn as D. C. Stephenson.’ before said court, and immediately after said David C. Stephenson shall give his testimony and submitted to examination in said cause, you shall return him to the Indiana State Prison under safe and secure conduct, and have you then and there this writ.

"Witness, the Hon. Sinney S. Miller, judge of Marion Superior Court. Room Three, of Marion County, nnd the seal of said court, this 11th day of October, 1926.” Seek Deposition L. L. Henderson of the firm of Henderson & Henderson, attorneys for Adams, announced that they are making an effort to arrange to fake a deposition from Stephenson, for use in the $1,600,008 damage suit by Mayor Duvall, here Friday. Notice that they desired to take the deposition Friday was given James Rocap and other Duvall attorneys. Rocap and the other Duvall* attorneys, however, refused to accept service of the notice. Henderson and Henderson acted in behalf of Adams and William O. Feudner, editor of the Rushville Republican, also a defendant in the suit. C. F. Rathhun, Chicago attorney, representing the Chicago Daily Tribune, also a. defendant in the suit, conferred with Henderson this morning. Jackiel Joseph, another attorney for Wilson, conferred with Judge Miller this morning. Following the meeting Judge Miller said “the status of the case Is the same.” Judge Milter said he is awaiting word from Morgan. Prosecutor Remy also was In conference with Judge Miller earlier in the morning. He would -not divulge the nature of the meeting, except to say It was In re-

Telephone Official New Club Head

WBSBS E 2 SjK iTIrMI a Hp'.'

, Albert E. Smith . Optimist Club has elected* Albert E. Smith, general commercial superintendent of Indiana Hell Telephone Company, president of the club. He lives at Thirty-Eighth St. and Emerson Ave. Others elected: R. G. Elvin and E. L. Carter, vice presidents; Bert Soring, treasurer; L. Lewis, sergeant-at-arms; G. H. Weber and Gus Wege, directors.

lation to Stephenson's proposed ap-peai-ar.ee here Wednesday. Aid Offered Adams Adams Monday night said many persons have offered evidence to aid him in his probe of alleged corrup t*n among high officials. "I am anxious to get all the Information I can and will be properly organized to gather a vast quantity of facts," Adams said. The veteran publisher made public additional replies from State tjenators concerning his appeal for a spe cial session of the State Senate. They were: J. M. Cravens, Madison (Dem.) — The evidence furnished by your committee confirms the suspicions of many Senators in the session of 1925. The distressing conditions justify your demand. William F. Hodges, Gary (Rep,)— I heartily agree with you as to the importance of an investigation. If Stephenson or nny one else has in formation of wrong-doing by any public official, they should be given an opportunity to present it to the grand jury and to the State legislature. The investigation should, cover the conduct pertaining to the election and likewise to the administration of office. If a special session should be called I will cooperate in the fullest investigation. A. H. Lindley, Kingman (Rep.l— Favor thorough investigation. Sug gest Federal grand jury if we cannot have impartial Investigation. Other wise would favor call of State Sen ate. Expense Cited Claude Steele, Sweetser (Rep.)— If conditions are as bad as you charge, something should he done without delay. I am in favor of searching investigation; let the ax fall where It may. Doubt the wisdom of an expensive special session with anotiier session only ninety days away. Edward O'Rourke, Ft. Wayne, (Rep.)—Any fair, impartial, nonpartisan investigatiqn will be welcomed by the people of Indiana, providing your facts will justify calling special session. If they do justify special session, as a member of the Indiana Senate, I heartily indorse your po sition. Denver C. Harlan, Richmond, (Rep.)—Would like to see full investigation of all charges, but cannot find any constitutional or statutory authority for convening Senate as suggested by your telegram. What authority has Senate to meet? Jacob Lutz, Booneville, (Dem.) —If special session is called will be present. Clyde A. Walb. Republican State committee chairman, in a public statements asserted that "the people of Indiana and of the United States must inevitably come to the conclusion that they have been victimized by the greatest hoax in the history of politics—namely the so-called Adams probe. "The mass of misinformation unsupported by facts comes from the mind of a broken down, disappointed politician and office seeker who in my presence solicited support to make him the Republican nominee for Governor in 1924 and who was a disappointed candidate for the appointment of United States Senator last year," he said. Judge Collins wondered today as to the whereabouts of Kiplinger, who is co-counsel for Stephenson, Earl Gentry and Earl Klinck, in' & Kidnaping case pending against tht two, Monday. Judge Collins delayed his ruling on ,a demurrer ot prosecutor Remy to a plea of format jeopardy filed by Ira M. Holmes, attorney for Klinck and Gentry, to the kidnaping charge. “If Kiplinger does not get in touch' with me today, I shall make my ruling- Wednesday,” Judge Collins said. Kiplinger had asked time to study Remy's brief. REP. NEWTON CONFIDENT Bu Vnitrd 9’rrss WASHINGTON, Oct. 12.—Republicans will retain control of the Senate and increase their majority in the House, Representative Newton, Minnesota, chairman of the speakers 1 bureau of the Republican congressional campaign committee, predicted today.

Observe Holiday Observing Columbus Day, all financial markets were closed today, including the Chicago Board of Trade and similar institutions over the country. Livestock market, however, did not discontinue operations for the holiday, and a complete account of results at these centers Is given on this page as usual.

EWO YOUTHS ROB, ATTACK GIRL, 17 Abducted on Downtown Corner, She Tells Police. Two young men forced her into an auto, as she was waiting for a street ear at Meridian and Maryland Sts., took her to the northeast section of the city, attacked her and robbed her of sl6, a 17-year-old girl told detectives today. She was abducted as she was standing on the corner about 11:35 p. m., the girl told Detectives Englebright and Houlihan. After they had attacked her the men drove hack to the city, she said. As they drove south on Illinois St. 4he girl broke away and ran to the home of Guy D. Farrow, 701 S. Illinois St., a friend. Farrow told police he kicked the two youths down the stairs as thejf attempted to enter his home. Police sought the youths. A few years ago, police said, several youths living in the vicinity of S. West and Morris Sts. were sent to the reformatory for an attack on the girl. More than a dozen youths were implicated in that attack, they said. 6 ME MISSING IN CUT, REPORT Police Aid Relatives in Searches. Police reported six. persons missing today. Albert Ray, 8. of 443 S. Keystone Ave., failed to return to School 21 Monday. Burton Leach. 15, of 653 Mary St. is said to be driving his mother’s auto. Martha and Mary Montgomery, twins. 16. failed to return-to their home. 1423 Barrow Ave., Monday night. Edward Voat, 15, left home at 234 Spring St., to attend School 49, but failed to arrive, his mother told police. Le Roy Evans, 25, of 1010 E. Morgan St., left horr.e and is thought to be with a lady friend, according to his mother, who said he is partially blind. Spanish Diplomat Dazzles Capital lln Vnitrd Press W ASHI NGT ON. Oct. 12. Resplendent in the uniform of a Spanish Marquis. Don Alejandro Padilla, newly ap|>ointed Spanish ambassador, called at the White House to present his credentials to President Uoolidge. His uniform consisted of a three cornered hat tipped in gold and silver, a military blouse almost entirely covered with gold braids and blue trousers with a four Inch goldstripe down the sides. The uniform, the most gorgeous of any diplomat in the Capital,, is said to cost around $2,500.

‘No Statement ’ on U. S. Agent’s Visit Federal officials today refused to discuss the visit of John J. Maroney Department of Justice agent, Saturday, to D. C. Stephenson at the Michigan City prison. The United States district attorney was extremely perturbed at the mention of the situation. A Times reporter sought to interview him but the prosecutor announced he had “no statement to make.” VALENTINO WILL FILED Bitter Legal Contest Over Estate Appears Certain. Bu T'nited Press LOS ANGELES, Cal., Oct. 12. A bitter legal contest over the estate of the late Rudolph Valentino appeared a. certainty today, following admission of the will to probate in Superior Court here. At the instance of Milton Cohen, attorney for Alberto and Maria Gugilelmi, the dead actor's brother and sister, a bond of SIOO,OOO was fixed for S. George Ullman, Valentino’s former manager, named executor of the estate. In the will, Ullman was to lie executor bonds. Valentino’s kin and Teresa Werner, aunt of the late star’s second wife, Natacha Rambova, were to share equally by terms of the will. Attorney Cohen declared he would "go into court and demand the entire estate” for his clients. The court controversy over the star’s estate is scheduled to be resumed in four months. TEST FLIGHT ORDERED Bu Vnitrd Pres* WASHINGTON, Oct. 12.—Tlie Navy Department announced today two PN-10 seaplanes will leave Norfolk for Panama Oct. 19, or as soon thereafter as possible. It was assumed the flight was a test trip preliminary to sending the craft on a flight to Hawaii.

Start Quiz Fund Drive

Bu Time* fineeinl SOUTH BEND, Oct. 12.—A campaign to raise funds to finance the drive of Thomas H. Adams, Vincennes % editor, to purge Indiana politics of corruption, was begun here with the publication of a half-page advertisement In the South Bend Tribune. , Albert R. Ersklne, Studebaker Corporation head, chairman of the finance committee, said he and Adams had agreed on the First National Bank as a depository "Are you interested in clean government?” If so now do your bit," the appeal said. “The information of conditions in Indiana given to the people

GIRLS TOUR, BUT LAND IN PRISON Two, Charged With Vehicle Taking, Say They Only ‘Caught Rides.’ Tired of attending industrial schools and working aH domestics, two girls a few days ago decided to become tourists and hikers. Today the same two girls, lodged in city prison, were bound over to the grand jury on charges of vehicle taking, grand larceny and unlawful possession of an auto. The two, who deny the charges, gave their names as Doris Beisen, 19, Huntington and Madison, Ind., and Mary Batey, 19, New Albany, Ind Police say they stole an auto belonging to Arthur L. Jehrson, 5657 N. Delaware St., here and drove it to New Albany. But the girls deny this, and tell this story: Sent to Home Miss Batey, reared for a time by an aunt, was sent to her home at Zionsville, Ind., when the aunt was unable to support her. Later she was placed In a home on N. Delaware St., Indianapolis, as a domestic by the State board of children’s guirdians. Miss Beisen, who lived at Madison, was placed in an orphans’ home at Huntington, Ind. She, too, was sent into a home on N. Delaware St., not far from the home where Miss Batey worked. They met. Miss Reisen had $8 and Miss Batey no money when they decided to leave their jobs and take to the wide open spaces. Asked for Ride Seeing an auto at Pennsylvania and Washington Sts., with an outState license, they asked for a ride. TIR-y were given a lift to Cincinnati, Ohio. Then, posing as hikers, they rode to Covington, Ky., and again obtained a ride to Bowling Green, Ky. They tried to get work and finally landed in Louisville, Ky., where they appealed to Travelers Aid officials and secured transportation to New Albany, according to their story. It was there that State Policeman Joe Shinn found .them and charged them with auto theft. STATEMENT ON COTTON Situation Not Impossible, Says PrrsiDent’s Committeee. Bu t nitrd I'rcn* WASHINGTON, Oct. 12.—This year's record cotton crop, following last year's large harvest, presents a “real, but not impossible” problem, the President's cotton committee announced today after its first meeting to ascertain means of assisting farmers to dispose of surplus cotton. “Fortunately the South is in a better position than it has been for many years to deal effectively with the situation, and it is gratifying to note that those who have the greatest interest and responsibility, namely the growers, bankers and business men of the South, as well as the public officials of the southern States, are attacking the problem in a vigorous way,” the committee said in an official statement.

SILLS FREE TO WED NOW Divorce From First Wife Is Made Final. Bii Vnitcd Press LOS ANGELES, Cal., Oct. 12. The final legal obstacle to the marriage of Milton Sills to Doris Ken yon today in New York, was removed when the actor's first wife. Gladys Sills, was granted a* final decree of divorce in Superior Court here. The interlocutory decree which Mrs. Sills was granted on Oct. 1, 1925, on grounds of desertion, became final yesterday. Sills and Miss Kenyon have costarred in a number of pictures. The actor is building an elaborate new home in Beverly Hills, which the couple will occupy after a honeymoon in the Adirondacks. ELECTRIC FIRMS MEET Three Companies Hold Joint Session at Severin. Varney Electric Supply Company of Indiana, the Westingjjouse Lamp Company and the Westinghouse Electric and Manufacturing Company met jointly at the Severin today. The meeting, the first of Its kind In Indiana, was promoted by R. De Lano of the Varney Electric Company, chairman. Speakers were A. J. Clark of Mansfield. Ohio: C. J. Campbell and C. B. Batman of New York City; C. A. Dostal of Chicago. Ill; F. A.- Nealis of Cincinnati, Ohio. WANT RUSSIANS INVITED Bu t'nited Press WASHINGTON. Oct. 12.—With the State Department refusing to Invite Russian soil experts to the fifth international conference of soil science here next June, Agriculture Department officials said today it would be virtually futile to hold such a session without Soviet government representation.

of Indiana by Thomas H. Adams of Vincennes, Ind., newspaper man, indicate a most corrupt situation. Money is necessary for legitimate purposes to procure all the evidence, pay legal talent, etc. If the people of Indiana actually desire a cleaning up this is their chance. Will they stand back of the endeavor with their money? Any person who desires to .prove he or she wants Indiana cleansed can contribute any sum, large or small, to a fund being raised to defray expenses. “Make your check payable to ihe First National Bank, South Bend and mail it to the bank, •named as depository, ly. Help Indiana, act at on eg.”

PAGE 11

MUM FOR l: PUBLIC DISCUSSED AT CONFERENCE State-Wide Meeting Opens .—Hoover Representative Speaker. Means of safeguarding the lives of the traveling public were discussed today by A. H. Hinkle, maintenance superintendent for tha State highway commission, in an address before nearly 100 delegates to the State-wide safety conference at the Statehouse. George Davis, of the State motor police, followed with a talk on the educational campaign being conducted in the interest of protecting school children from dangerous highway traffic. Col. A. B. Barber, secretary of the natonal safety conferences sponsored by Secretary of Commerce Herbert Hoover, was scheduled to speak at the afternoon session. Other afternoon speakers were A. C. Spefgel, chairman of safety at Ft. Wayne; Robert I. Marsh, Indianapolis attorney; J. A. Van Osdol of Anderson, Union Traction Company general counsel; Tom Snyder of Indianapolis, Indiana Transfer and— Warehousemen's Association secretary; B. S. Alnutt, Evansville hanker; Eli F. Seebirt, former mayor of South Bend; Sergt. Frank Owens of the Indianapolis police department; Herbert Males, mayor of Evansville; Ora Davis, mayor of Terre Haute, and E. W. Corn of Chicago, secretary of the National Safety Council. The Rev. Orien W. Fifer, Central Avenue M. E. Church pastor, pronounced the invocation, followed by an address of welcome by Attorney General Arthur L. Gilliom. Charles L. Henry, president of the Indianapolis and Cincinnati Traction Company, spoke. The sessions will continue throughout Wednesday. Public Service Commissioner Frank T. Singleton is in charge. SEE TRIAL DELAYED Adams Graft Inquiry Takes Up Time of Prosecutor. Ira M. Holmes, attorney for Ralph Lee, held in Johnson County jail for the alleged murder of Abner Peek, Speedway City grocer, annoi.nced today that Prosecutor William li. Remy has informed him that he would not he ready to go on trial next Monday in Circuit Court before Judge Fremont Miller. Investigation of the charges of governmental graft made by Thomas H. Adams is given as the reason for the delay. Holmes said. Holmes said while he will not agree to a. continuance, he will not object if the court deems it proper to change the trial date. FLOOD AT NEW MARK Waters ( repp Over .Main Street at Beards town. Bit Vnitrd I‘ress BEARDSTOVVN. 111., Oct. 12. Waters of the Illinois River today reached a height of 26.36 feet, the highest mark in the history of Illinois floods, and the water continued to rise, Government gauges recorded As the waters crept over the main streets and into houses Red Cross officials broadcast an appeal for $60,ono to aid in rehabilitating the stricken area. Emergency work is being left to several relief agencies which have been in charge of the work since the waters first rose five weeks ago.

TERROR AT FRISCO Five Murders Committed by Phantom Bandit Pair, Bu Vnitcd Press SAN FRANCISCO, Oct. 12.—With three men killed and five others wounded by a bandit pair who have terrified the city, San Francisco's entire police force was engaged in a gigatjtic man hunt today in an es fort to halt the crime wave. The three murders, committed within an hour last night, followed two slayings Saturday night and Sunday morning, which officers be lieve was committed by the same pair. INCOME TAX ALWAYS Bu Vnitrd Press WASHINGTON. Oct. 12.—Joseph McCoy, chief treasury actuary, today predicted the Income tax will never be abolished in the United States but added that within the next twenty-five years the maximum rate probably will be reduced to 10 per cent. MORSE TRIAL OPENS Bu Vnitrd Press NEW YORK. Oct. 12.—First tes timony was given today in the Charles W. Morse trial, the indictment wlilch charges deception Involving $25,000,000 estimated loss to stockholders In various steamship lines.

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