Indianapolis Times, Volume 38, Number 167, Indianapolis, Marion County, 19 October 1926 — Page 11

OCT. 19, 1926

PORKERS 10 TO 35 CENTS LOWER

NEW HIGHS FOR ’ STOCK RALLY IN • EARLYDEALINGS Improved Technical Position in General List Aids Recovery.

Average Stock Prices

Average of twenty industrial stocks for ■Monday was 148.20. up 1.35. Average of twenty rails. 115.70. up .71. Average of forty bonds. 04.90, up .07. llu United Press NEW YORK, Oct. 19.—Announcement after Monday's close by the Federal Reserve Board that brokerage loans In New York *City had shown a decrease of $71,953,000 in the week ended Oct. 13, demonstrated that the recent selling on the stock exchange had effected a transfer of large amounts of weakly held stocks Into stronger hands. This indication of an improved technical position in the general list helped along the rally which started Monday and new highs on the recovery were reached by active stocks Pin early dealings. Stocks lost momentum on the recovery around noon on short covering which appeared to be the impulse behind the morning rally. Professional operators with large short lines were determined not to permit the rebound to gain much headway and when the list showed hesitancy , selling was resumed in various parts of the market. Colorado Fuel was heavily sold on expectations of unfavorable earnings. Coca Cola also was subjected to special pressures, breaking to new low ground on the movement at 14314. off 314. Traders continued to offer this issue on the theory its earnings would be / affected by decreased, purchasing power of the South. Opening prices: U. S. Steel, 135%, up %; General Motors, 149%, up 14,; Consolidated Gas, 1061/4, up 14; New York Central, 132%, up %; C. & 0., 1721/4, up 1%; Studehaker, 51*4, up %: U. S. Rubber, 53i/4; Atchison, 147%, up 1%: Woolworth, 1601/4, up Allied Chemical, 128%, up 1; Pennsylvania, 53%, up %; B. & 0., 101%, up %• Mack Trucks, 95, up 1; U. S. Industrial Alcohol, 70%, up 1; .Hudson, 47%, up %; Radio, 53%, up %; Famous Players, 114%, up %; Dupont, 323, up 1%. NEW YORK STATEMENTS NEW VORK. Oct. lit -—Clearings, sl,101 000.000: balances. 580.000.000. FOREIGN EXCHANGE NEW YORK. Oct. 10.—Foreign exchange opened irregular. Demand sterling. *4.84%. off .op'i: francs. 2.92 c, up .02: lire. 4.21 c, up .02*4 (new high for year): Belgium. 2.81 %c. up .0014. marks, 23 80c: Norway. 24.49 c, up .02 (new high

Commission Row

PRICES TO RETAILERS FRUITS Apples—Fancy Grimes Golden bbl.. $4 ($4.50;. bbl., $5.75: Delicious !bl.. $0.50(50: Wolf River 40-lb. basket 50fe75c: Maiden Blush. 40-lb. bask®. $1.15 fe 1.25: King David. 40-lb. basket. 75cfe sl. Cantaioutics—Honeydew melons, crate $1.50® 175. Crabapples—H. G.. bu.. $1.50. Grapefruit—lsle of Pines, box. $5.50' Florida. $5fe5.50. Cranberries—Fancy blacks, half barrels $4.50. i.ni'ons —California, box. $4.5005. Limes—Florida. 100 $2.60. Nuts—lndiana chestnuts, lb 25030 c shellbark liiokorynuts. !b„ sfete. Oranges—California, ort.. so.2sfe 8. Peaches—Fancy Elbertas. bu.. $2. Pears—Bartletts. bu.. 82.75: alligator, doz.. $4. Persimmons—Texas Japanese. % bu.. $2.50: Indiana. 12-pt. case. $1.50. Plums—Damson, bu.. $2: Washnigton prune plums. 18-1!>. box. 75c®$1. Quinces —Bu.. $2.75. VEGETABLES Bean*—H. G.. green, bu.. $2®2.50: H. G. Lima. bu.. 40c. Beets—H. G.. doz.. bunches. 35c. Cabbage—N Y.. bb!.. $2.26 Carrots—H. G.. doz bunches 40c Cauliflower—Colorado, crt.. $2.25. Celery—Milieigan Highball, crt., $1.25: fancy Michigan, doz.. 50c. Corn —H. G.. doz.. 20®26c Cucumbers—H. G.. doz.. 50® 75c. Eggplant—H G doz. $1.25fe2 Garlic—Pond. 15c. Kale—H. G.. bu.. 65c. / Lettuce—Western Iceberg, crt.. $4.50® 6. H. G. leaf. 15-lb. basket. $1.35. Mangoes—H. G.. b!„ $1.50. Onions—ll. G.yellow. 100 lbs.. $2: H.G white pickling. 15-nound basket. $1.90® 2: Spanish. erL. $2: green, doz. 40c. , Parsley—H. G. doz. bunches 50e Squash—ll. G. white summer hu. 75< Potatoes—Michigan, round white, sack $4.25®4.40: Minnesota Early Ohios. 120lb. bag. $3 0)3.25. Radisnes—H G. long white, doz. 25® 30c: long red. 20c button 50c. Sweet D otatoes—Fancy Virginia bbl. $3.25® 3.50' one-third bbl., $1,50. Sn'naeh—H G bn $1 Tomatoes—H. G.. bu.. 75c® 81.25. c hicagTT fruit market Bu United Press CHICAGO. Oet. 19.—Apples. Jonathans. Bfiskrl. $1.40® 1.50: grapes, 12-quart bas-Wr-achi s. bushel. *1.4001.50: pears. Bartlett. bushel. $2®2.25: Honeydews. crate. s£.ss® 1.50.

Produce Markets

Eggs—Strictly fresh delivered at Indian apolis. 30 0 38c. Butter > wholesale oriees) Creamery best grade a pound. 46®49c: buying price for packing stock 20c ..Poultry Fowls. 23024 c: Lcgliorus. 15 018 c; ducks. 14® 15c. Cheese (wholesale buying prices)—Wisconsin Daisies 24®25c: Longhorns. 24® 27c: Limburger. 27c. CLEVELAND. Oet. 19.—Butter—Extra. 81@52c ni tub lot: extra firsts. 49050 c: firsts 44®48c: packing stock. 30c. Eggs —Extra. 51c: extra firsts, 44c: firsts. 42c: ordinary. 32c: pullet eggs. 28c. Poultry —Heavy fowls. 20®;27c: Leghorns. 18® JOe: springers. 25c: Leghorns. 20® 22c: old roosters. 10 017 c: ducks. 24®20e: geese 18021 c. Potatoes—Michigan round whites. $4.15 04.25: Maine. $4.50: New York. $4.15fe4.25 r>er 100 pounds: Ohio $1.70®1.86 bushel: Wisconsin sacked, $4 per 150 pounds. NEW YORK. Oct! 10.—Flour—Quiet and firm. Pork—Steady; mess. $37. Lard —Easy; Middle West. 814.40 0 r 14.50. Sugar—Easy: 90 test. 4.52 c: refined easy: granulated. $5.75 00. Coffee—Rio No. 7. to % ® lr> % i-: Santos No. 4, 10% fe 20c. Tallow—Quiet: specials to extra. 7%feße. Hay—Steady. No. 1. $1.40: No. 3. $1,050 1.25: e-lover, $1 Or 1.35. Dressed poultry— Dull: turkeys, 30®48c: chickens, 24 0 44c: capons, 35®47c: fowls. 17 0 35c; Long Islands. 29c. Live poultry—Easy: geese. 13024 c: ducks. 15®31e: fowls. 15®31c: turkeys, 35c: roosters. 18o: broilers, chickens. 20®29c. Cheese—Steady: State milk common to special, 25(<f20e. Young Americans, 24 %m 24 %c. Butter—Quiet: receipts. 15.148: creamery extras. 40% lie 47c: special market. 47%®48e. Eggs— Firm: receipt*. 24.209: nearby white fancy. 77®78c: nearby State white. 50® <6c: fresh firsts, 39® 43c: Pacific coast Pfirst to extras. 48®70%c: western whites, feo2c. Potatoes—Long Island. $4.75t0 5; Maine. $4.2505.25. NEW RECORD Bu United Press HAMBURG, Germany, Oct. 19. Dr. O. Peltzer, famous middle distance runner, added another laurel to his track prowess here, setting a new world’s record Monday for the 1,000 meter run. His time was 1 minute, 27 and 2-5 seconds.

New York Stocks

„ „ —Oct. 19— Railroads— Prev. High. Low. 1:00 close. Atchison ..148% 146% 148% 146 Atl Ost Li 195 % 195 195% 192 B& O 101% 101% 101% 101 Can Fac .162% 162% 162% 161% C& O 172 % 169% 109% 170% C&NW..74% 74% 74% 74% CR.&P. . . 63% .. . 62% 02% Dei & Hud 171 170% 171 170% Del & Lac 142 ... 142 141 Erie 38% ... 38% 38% Ene Ist p 48 % ... 48 % 48 % (It Nr pfcl. 70 % 76 % 70% 76 Leht Valley 86% ... 86% 86% K C South. 42% 42% 42% 43% Lft N ... ... 120 % MK & T.. 32% ... 32% 31% M Pacific p 87% ... 87% 80% NYC ...133% 133% 133 132 NY NH & H 40% ... 40% 40 Nor Pacific 77% 77 77% 77 Nr & West 163% 162% 102 % 167% Pore Marq .108% ... 108 108 Pennsylv . 53 % ... 53% 53% Reading ... 80 85 % 86 84 Sou Railw.llo% 110%. 110% 110% Sou Pacific 104% 104 104% 103% St Paul 9% St Paul pfd 17% ... 17% 17% •St L & 8 W 02% St L & S F 95% 95% 95% 95 Union Pad 161% 161% 161% 1(10% Wabash ... 40'A ... 40% 39% Wab pfd .. 74 % 73 % 74 74 Rubbers— Aiax 7% ... 7% 7% Fisk 16 15% 16 15%

GRAIN OPENING SHOWS ADVANCE / u , Unfavorable Weather and Higher Cables Cause. Bu United Press CHICAGO, Oct. 19.—Snow and rain in the Canadian northwest added to another strong day and Liverpool again gave the grain prices on the Chicago Board of Trade a higher opening. Wheat was % to % above Monday’s close. Locals fought the advance because of the belief that the Canadian situation is fundamentally bearish and because of the large amount of wheat absorbed by the east In the last few days. There was fair buying of corn Monday. Fully a million bushels of December were hedged against the cash article. Therefore the situation was not so bearish this morning and an advance of V* to %c on the strength of wheat was Oats opened unchanged to % higher, still being featureless affair in need of some new development. There was no early change In provisions. Chicago Grain Table WHEAT— ~ 011, 10 ~~ Pr,,v. High: Low. 11:00 close. Dec 1.43% 1.42% 1.43% 1.41% May 1.47% 1.46% 1.47% 1.45% CORN—, Deo 77% .70% .77% .76% May 85% .84% .85% .84% OATS— Dec 44% .44 .44% .44 May 48% .48% 48% .48% RYE— Dec 1.01% 1.01 1.01% 1.00% May 1.07% 1.07% 1.07% 1.07 LARD— Oct 13.87 Jail 13.32 13.20 13.30 13.30 May 13.40 13.40 13.45 RIBS— Oct 12.75 Jau .1 13.10 CHICAGO. Oct. 19.—Carlot, receipts: Wiieat. 98; corn. 756: oatM| 107: rye. 10. CHICAGO. Oct. 19.—Primary receipts: Wheat 1,292.000, against 815.000; corn. 1.478.000. against 551.000: oats. 400.000, against 608,000. Shipments: Wheat, 786,000. against 852.000; corn, 310.000. against 200,000; oats. 488,000, against 318,000. TOLEDO. Oet. 19. Close: Wheat— No. 2. 51.44fe1.45. Cosm —No. 2. 81 fe 83c. Rye—No. 2 sl. Oats—No. 2. 50 0 51c. Barley—No. 2. 65c; elover. cash, domestic. $22 75: cash, imported. $19.75: i October, $22.75: December, $10.05. Timothy—Cash. new. $2.90: October. $2.90: December. $3. Alsike—Cash, $18.25: March. $18.75. Butter—47® 50c. Eggs —42 fe! 44 c. Hay—s2B. COTTON GROWERS’ FATEJNBALANCE Plan to Burn Surplus Crop Declared Nonsensical. Bu United Press WASHINGTON, Oct. 19.—A defi nite program for solving the South's surplus cotton may be drafted today at a meeting between the President's cotton committee and representatives of the American Cotton Growers’ Exchange. "We have a solution worked out and every one is becoming optimistic about the future,” Allan Northing ton, manager of the Alabama Farm Bureau Cotton Association, told the United Press. Northington said financing the crop was not corfsidered a problem. He believes widespread ruin among the cotton planters can be avoided. Eugene Meyer, chairman of the Federal committee, was equally optimistic. Suggestions that farmers burn the 4,000,,000 surplus bales to cause a price rise in cotton were echaracterized by Meyer as nonsensical.

Local Wagon Wheat

Local grain elevators are paving $1.28 for No. 2 red wheat Other grade* ar< purchase on their merit*

In the Cotton Market

(By Thomson & McKinnon) NEW IOKK, Oct. 19.—The initial decline Monday attracted the spinners and they bought enough cotton, not only to steady the market, but to create a little excitement among the shorts at the fend of the day. The market is a sal* on advance. The mills are interested in cheap cotton only.

In the Sugar Market

ET'l'l,l l0l !' Hon * McKinnon) NEW IORK, Oet. 19.—Sugar news this morning is conflicting. Cuban planters are to urge authontie there to fix production total for tlie next crop. From Rio De Janeiro comes a dispatch that a Pernambuco sugar combine contemplates dumping one million bags of sugar in Europe. Latest statistics indicate stocks of raws at Cuban ports have fallen well below the 500.000-ton level. United States Department of Agriculture estimates 25.-000-ton drop in domestic beet sugar harvest compared with a year ago. Meanwhile futures continue unsettled. It is a temporary condition. Purchases on this recession are advisable.

(Bt rhompon * McKinnon!

Goodrich 46% 40% 40% 46% Goody pfd. .. ... 108% Koiiy-spgf. :: •• U S Rub .. 54 53 % 53 %\ 53 % Equipments— Am C & F 07 ... 97 97 A !!! i • % 101 % 102 % 102 Am St Fdy 42*4 ... 42*4 4* . Baidw Loc 117% 110% 110% 117% Gen Elec. 83% 82% 82% 82 Lima .. ~ *. . -7 \l NYAirb.. 40% ... id 40 * x r st Car.... ... r iji ia Pullman .178% 176% 177% 177% West A B 120% . 126% 125 West Elec. 67% .T! 07% 07 Steels— Bethlehem. 45% 45% 45% 44 % Colorado F 42% 39% 39% 42% Crucible ..71 ... 71 70 Gulf S Stl. 01% 01% 01% PRC ft I 40% ; 40% 40% Rep Steel.. 58% ! ’ 5” "{r Sloss-Sheff 121 119% -121 119 U S Steel .139% 138% 138% 138% v anadium. ... ... .., 33 % Motors— Am Bosch. 1814 18% 18% 18 Chandlur.. , 2M .. 39 Chrysler .. ;ts*4 34% 33 34 • Conti Mot.. 10’lJ .v. 10% 10% Dedgfi 83% 28% 23 22% Gabriel ... 30% ... So 29% Gen Mot., l.ri‘,4 149% 149% -48% Hudson ... 48% 47 47% 47 Hunt' 91 90% 21 20% Jordau ....10 ... 10 m Mack .... 90 94% 95%. 04 Martiu-Pa. ... ... 20% Moon 14% 13% ii% 13% Nash o(i% 53% 53% 50 Packard .. 32 % 32% 32 % 32% Pierce-Ar. . 21% 21% 21% 21% Studehaker. 51% 51 5154 50% Stewart-W. 05% 05 05% 05 Timken .. 75% 73% 75 73% Willvs-Ov.. 19% 19% 49% 19% While Mot 65% 64% 55% 64 Mining— Am Smelt 130% ... 129% 129% Anaconda . 47% 47% 37%v 47% Cerro Dn P 03% 03% 03 % v 03% Ip! Nickel. 3.>% ... 35% Kcunecott.. 61% 00% Xil 00 f 4 Tex G & S 43 42% 42% 42% U S Smelt 33 32 % 33 33 Otis*™ Atlanta R 101 ... 101 100% Cal Petrol 30% 30% 30% 30% Freeport T 28% 28 28% 27% Houston .... ... ... 52 % Indpend Oil 20 • 25% 20 25% Marland Oil 52% ... 52% 52% Mid Con Pet 29% 29% 29% 29% Pan-A Pete .. ... ... 01% P-A Pete B 02% 02 H 2% 02 Pacific Oil 1% Phillips Pet 48% 47% 47% 47% Union Oil.. 56% 55% 50% 55% Pure Oil . 25% ... 25% 20% Roy I Dutch 48% ... 48% 48% Shell 28% 28% 28% 2$ >4 Sinclair ... 18% 18 18% 18% Skellv .... 32 31% 32 31% 8 Oil of Cal 00% ... 00% 00 SOof N J 41% .... 41 % 41% Texas Cos.. 52 % 52 62% 52 Trans Pete 3% ... 3% 3% Industrials— Ad Rumalv 18% 18 18% 17% Allis Chaim . . ... ... 80 Allied Chiu 129% ... 128 127% Armour A. 15 ... 14 % 15 Amer Can.. 48% ... 48% 18% A H & L Df ... 39 Am Saf Raz 00 64% 04% 03 Cent Death 8% 8 8% 8 Coca Cola 147 143% 113% 14*1% Coin Can.. 74 72% 73% 72 Certainteed... ... ... 47 % Davis Chm. 28% ... 20% 20 Dupont .. 320 323 325 322% F Players .114% 114% 114% 114., Gen Asphalt 75% 74% 74% 74% In Cm Eng 40 30 %* 30% 39% Int Paper.... ... ... 54., Bit Harv . .127% 127 127% 120% May Dp St 137% ... 130 130% Mont Ward 05 ... 04% 04% Owen Bottle 82% 79% 81% 79% Radio .... 5. % 53 % 54 % 53 Rem Type lot ... 100% Sears Rocb. 52% 51% .61% .51% United Drg 158% L><> 1,>0% li>s% US C I P 200 204% 200 201 U S In Al. 71 .70% .71 69% Woolworth 160% 159% 100% 158% Utilities— Am Tft T 145% ... 145% 145% Am Wat Wk . 51 % Brklyn M 58 ... 68 57 % Col G ft t! x 83% Crus Gas .107% 106% 107 100% lnterboro ... ... ... 39 i* NAm Cos. 48% 48 48% .47 Peo Gas .... ... .... 123 Sid G & E. 54 ... 03% u3% West Un 145 Shipping— Am Int Or 38% ... 36% 36 Atl Gulf 30% Jnt M M of 30% United Frt .. ... ... 113 Foods— Am Sugar 74% ... 74% 74% Austin Sich 9% ... 9 8% Cal Pkg .... 67 ~ Corn Pnis.. 46% 45% 46% 45% Cu Cane t'f . . ... ... 41% Cu Am Sug .. ... ••• , 84 Ji Fleischmann 46% 45% 46% 45% Nat Biscuit 93% ... 93% 92% Punla Alegr . . ... ... 29% Postum ... 95 % ... 9.) 94 % Ward Bak B 24% 23% 24% 23 Tobaccos— * Am Sumat. 35 ... 35 35% Am Tob _ 120% ... 120% 118% Am Tob B 119 ... 119' 118% Cons Cigar 70% 69% 70 09 % Gen Cigars .. ... ... 51 % liggett ... ... 93 % Lorillard .... ... ... „?0% R J Reyn HO ... 110 108% Tob Prod B 107 100 100% 100 Un Cig Str 95% 95 95% 94 Schulte RS . . ... ... 40 OIL SHOWS IMPROVEMENT Bu United Press NEW YORK, Oct. 19.—Selling of peppermint oil is being done on a 1 smajjer scale, to the surprise of the trade. Natural on the spot Is of-_ sered only in moderate volume, and i these offerings are on the basis of $6.50 to $7 a pound, while the re- ! distilled is inside at $7.25 to $7.75 a pound. Traders, however, feel that the market is top heavy, with stock ! largely held by the country. They expect a reaction when some pressure is put on the market. In the meantime, buyers*' are taking on stock only as needs arise. ———■ SIGMA NU CONFERENCE Flgliteen District Inspectors and Grand Council Discuss Policies. Final conference of the eighteen district Inspectors and the grand council of the Sigma Nu fraternity was held today at national headquarters, 745 N. Illinois St. General fraternity policies were being discussed with particular attention given to rushing, quaiflcations for membership and scholarship. The inspectors and concillors attended a dinner at the Columbia Club, Friday night and heard addresses by Oscar Palmour of Atlanta, Ga., regent, and Clarence Woods of Miami, Fla., and S. E. Wilson, former regents. FOR REWIRING CAPITOL State Official Announces Fund Will Be SSuglit in 1927. An appropriation of possibly SIOO,000 will be asked of the 1927 State Legislature for rewiring the Statehouse, it was learned today from a member of the building and grounds committee. When the Capitol building was originally wired no provision was made for carrying the excess 'current now required, it was said. Due to the heavy load the wires must carry, several short circuits have resulted. Owing to the extreme danger of fires, it was necessary to rewire the State library quarters, where many priceless documents are stored. WELCOME TEAM Bu United Press EAST LANSING, Mich., Oct. 19. —Elated over the good showing of their team, Michigan State against Cornell, Saturday, about 1,000 M. S. students were at the station Monday night to greet the returning Spartans. The team expects to beat Forest, 111., next Saturday.

the Indianapolis times

All Weights Are Bought at One Price, $14 —Run, 8,000. —Hoe l rice Ranee— Oct Bulk. Tod Receipt* 13. 13.50 ® 13.75 13.75 10.000 15. 13.75 fel 4.00 14.00 7.000 16. 14.10 (it 14.25 14.25 5.000 18. 14.10fe)14.35 14.35 0.590 10. 14.00 14.00 8.000 With a schedule in effect under which all hogs were purchased at one price, the market suffered a decline of 10 to 35 cents for all porkers within a range of 160-300 pounds, the heavier material holdinfi *un. A heavy run, estimated at 8,000, with 305 hold-overs, together with a decline In the principal competitive market, were factors causing the drop in values. All at sl4 Trading for all weights was done at sl4. Not many heavy hogs are being received on the market, and with an even demand for all weights, the singular price schedule was adopted. Packing sows were quoted at $10@11.!j0. Pigs weighing 120-130 pounds sold at $12.25, which was 10 to 25 cents lower, than values at the previous trading sesssion; 130-140 pounds, $12.75, 10 to 25 cents lower; 140-150 pounds, $3.25, steady; 150-160 pounds, $13.50, 10 to 25 cents lower. With a good run, estimated at 1,100 bovines and a comparatively light demand, the cattle market was weak with top price for steers standing at $11.25. Prime yearlings were quoted at [email protected]; heifers, s3<@>ll and cows, s4<§>7. Calves Lower The calf market was unevenly low’er, largely 50 cents off. Good |pnd choice vealers were sold at sls @l6. generally $15.50. Receipts were estimated at 900 vealers. With a run of 1,000 ovjnes, the sheeff and lamb market displayed a strong tendency throughout the trading, fat lambs bringing a top of $14.25. Most good lambs were sold at sll. Bucks were s3@4; sheep, $7 down and breeding ewes, [email protected]. —Hoc*— 180 170 1h sl4 10 170-180 lb* 14 20 180-200 lh 14110 200-275 lb* 14X5 275-300 lbs 14.10 Cattle Yearling* extreme range.. .$lO 00011.25 Steers, common to choice.. 9.00fe10.50 Heifer*, common to choice. 5.0011 00 Cows 4.00 fe 7.00 —Calves— Best veals $lB 00 Bulk of sale* 15.00018 00 —Sheep and Lamlrn— Lambs $10.00fe14.25 Ruck* 3 00 te 4.06 Sheep 7 00 down Breeding ewea ............ 6.00fe 7.50 Other Livestock EAST ST. LOUIS. Oct. 19 —Hogs—Re feint*. 13..>00: market. 15fe25c lower than Monday a average; 250-350 lbs $13.50(11 13.70: 200-250 lb*. $13.50® 13.80: 160-200 Ivb* $13.25® 13.75; 130160 lbs .$12.25fe 13.50: 90-130 lbs.. $1 ~>ofe 12.70: packing srtws. *11.50. Cattle—Receipt*. 0.500: market, tupping lower on native steers; beef uteers. sß® 10.50: light yearling steer* and heifers. 50 50® 9: beef cows, $4.75 fe 5.50: low cutter and cutter ccws. $3 75 fe 4.50: vealers. sls: heavy calves. sß® 7.50: bulk stock and feeder steers. 56fe7.60. Sleep —Receipts. 2.000: market slow to steady, top fat lamt>s. sl4: bulk fat lambs. $13.50 fel 3.75: bulk cull lambs. $8.50; bulk fat ewes. $4 0 0, CLEVELAND. Oct i9 Hogs— Receipt*. 2.000: market, sternly to 10c off; 250-350 lbs.. sl4.lOfe 14.25; 200-250 lbs.. sl4 fe 14.25: 100-200 lbs.. $13.50fe 14.10; 130. 100 lbs.. *l3® 14; 90-130 lbs.. $12.25® 13: packing sows. sll® 13. Cattle—Kefsdpts. 250. calves. 900' market, cattle steady, vealers weak: beef steer*. $7.25fe 8: beef cows. $5 ji 0; low cutter and cutter coses, $3.50® 4 50: vealers, $16.50® 17: heavy calves. $8.50® 12. Sheep—Receipts. 1.000: market, steady: top fat lambs, $14.50; bulk fat lambs. sl4fe 14.75: bulk cull lambs. $10.50® 11.50: bulk lat ewes, ss® 0.50. SHANGHAI CLAIMS WORLD’S LARGEST CITY PLAYGROUND Thousands Daily Visit 'Huge Park Devoted Entirely to Sports. Bu Times Special \ SHANGHAI, CHINa, Oct. 19. Shanghai claims to be the largest municipal playground in the world, a playground devoted to nothing but sport of various sorts in all seasons of the year. Daily thousands of participants journey to the recreation ground, located within ten minutes ride from the Bund and on the main artery to the residence districts. Thousands more attend baseball g..mes and cricket matches when first-class dates have been announced. A double race track, one and oneeighth miles In length, occupies part of the ground, while on the far side the Shanghai Race Club is expending millions to provide the finest racing stands, stables and club house in the Orient. Within the enclosure, as one enters is the baseball field, with grand stand accommodation for 1,000 spectators, and ample room for another 6,000 for the big interport series. Right in the center of the area are built three clubhouses, whose members play cricket, tennis and other sports during the summer. To one side is a first-class polo field, and nearby is the enclosed swimming bath. Just inside the race track, although not completely round are 200 tennis clubs, who build iheir temporary homes every summer. And within this circle is a golf course, nine tricky holes. The golf course is open in the mornings. In the afternoons tennis is played on the During the heat of summer racing is suspended. In winter soccer, rugby, football and American football supplant baseball and cricket, while naturally tennis and swimming are held in abeyance. Every season’s sport is to be found in season, trap shooting alone omitted. * * TRAISE GERMAN ATHLETES Bu United Press LONDON, Oct. 19.—British -sport writers, commenting on the re-entry of Germany into Olympic game participation, predict she will make an excellent showing in 1928. They refer specifically to her galaxy of stars, Peltzer, middle distance runner, and Kornig, sprinter, especially.

RADIO TO HONOR EDISON “Electric Night” to Be Celebrated 011 .Air Thursday. Bu United Press NEW YORK, Oct. 19>-Broadcast-ing stations throughout the world will celebrate Thursday evening as “electric night.” Forty-seven years ago this date, Thomas X. Edison burned an electric light bulb for forty consecutive hours, an invention which has become one of the greatest discoveries, of the dean of American inventors. A program will be broadcast by WJZ, WGY, WBZ and KDKA, with Olive Kline, noted soprano, and an orchestra providing the musical fare. Some forty stations throughout the United States have arranged special local programs.

QUEEN VISITS U. S. SHRINES (Continued From I*agc 1) rived. Her Majesty went to the Washington tomb, walking instead of riding at her own request, and laid a wreath on it. Lunch at Mt. Vernon The party lunched at Mt. Vernon and then returned to Washington. Her Majesty wore a moleskin coat with fox collar, a small beige hat trimmed with machine stitching and made in a tam-turban shape, and beige shoes and stockings. Her dress was georgette. Princess Ileana had a rust-colored coat, with a belt. The collar was dark fur. She wore a rust-colored felt hat and “sensible” tan calf strap-pumps and beige stockings. Prince Nicholas abandoned civilian dress for a blue naval uniform with white visored cap. This afternoon at 3:45 the queen was to pay delayed respects to President Coolidge, and the President three-quarters of an hour later was to repay her call by a formal visit to. her at her country's legation. Tonight she dines at the White House. Queen Marie's coming to the Nation's capital was marked by pomp and color, but a blase Washington, accustomed to visits from the mighty of the earth, did not effedvesce except for a small group at the Roumanian legation. The dinner at the White House tonight will bo severely formal. A doze naids and a score of flunkeys, drilled for weeks, will direct the complex ceremony. Will Escort Marie President Coolidge will escort the Queen. Next will come Mrs. Coolidge on the arm of Prince Nicholas, then Princess Ileana on the arm of a presidential aids. Other guests will follow in order of their bank and station. The Queen will be seated on the right of the President; Princess Ileana will doubtlessly be on his left; Prince Nicholas will be on the right of Mrs. Cooidige. Custom demands that the former Vermont farm boy be seated before Marfe, queen consort of the ancient Hohenzollern family, is seated, and it is not often that White House tradition is broken. The best the White House affords is being made ready. The famous gold service will be used and the Madison plates are being polished. A great many fixtures now being installed have not been out of the storerooms since the last royal visits. Immediately after the dinner a general reception will be held in the east room, to which several hundred guests have been invited. These guests will include Washingtonians in all walks of social and official life jand the invitations are much in de mand. 51 RATE APPROVED Queen's Special Train Will Cost Only 527. Bu T~nited Press WASHINGTON, Oct. 19.—Queen Marie,'s special train will travel for $1 a jump over nine of the Nation’s railroads—a total' of $27 for the party for her cross-county trip. The Interstate Commerce Commission granted the low 'rate to the Chicago. Burlington & Quincy, the Big Four, the Great Northern, the Illinois Centralr-the New York Central, the Northern Pacific, the Pcre Marquette and the Spokane, Portland & Seattle. Births Boys to| Ti> Ave alld Roß ° Grabcfsk y- 932 S. CaninohTs't* and Sarah Ham". 811 3. lUiSt.!tifin\\ J - and Cecella M - Catchier. 2202 Gale* St* m *' and He,en K - Peter. 2048 wjtsfc fUi n t and i E, ' i0 L - Fie,d ‘- st Chester and Paimy Wallace. 1341 Hiatt HosCfial a " d V ° ra Elire ' Indiana Christian Ar p rman and Cobb. 914 Goodlet Harry and Lula Gray. 570 Lynn St. Avondale Pl* ,ld Ha “ ie A ' Kennedy ' ~ 113 . Girls Exeter >y si W \ a " d 860,1 Sma >l. 523 N. Lou and Helen Zupas. Robert W. Lon* Hoflpital. Walter P and Marsrarte E. Moennninr. Robert W. Lon* Hospital. Patrick and Delia Gaughan. 1421 Tabor St. L. Dow and Hazel V. Hail. 1359 W. Ray St. Clyde J. and Pauline Hull. 3618 E. Vermont St. Editar M. and Maudie E. Tavlor. 709 Lord St. George W, and Cleo Anne Cockriel. 405 Conn *s Ave. Loney and Louise Arehey. 1013 Central Ave. William Waiter and Wilhelmnia D. Walsh 2201 N. Harding St. Twins John William and Arvella F. Bailey. Robert W . Long Hooiial. boy and girl. Deaths Bert C. Burlington. 49. 1817 N. New Jerxey. cerebral apoplexy. Rose Marv Dickerson. 1. 1001 River Ave.. enterocolitis. Anna Z. Taylor. 51. Methodist Hospital, pericarditis. . Katie Hedrick. 53. 330 W. Eleventh, earrinoma. v. Carrie Ruirhenstrin. 69. 365 E. Morris, chronic myocarditis. Jame* B. King. 76. city hospital, uremia. Isey Buids I-ookebill. 87. city hospital, si” 'li- <’iin”i’tia Nannie Johnson. 44. 854 Indiana Ave.. military tuhereulosi*. Fannie Copie. 08. city hospital, carcinoma. Hallie B. Manex. 47. 518 Blake, acute cardiac dilitation. Anton William Spilker. 74 114 Healing Ave.. carcinoma. Bertha Frances Burnell. 1. city hospital, hynostatic pneumonia. . Virginia Rose Trader. 3 months, city h(w‘nlc-Mons <inrmi<osis Jennie E. Shaw. 40. (511 N. Keystone Ave.. cerebral apoplexy. Edward Fornshell. 55. 626 N. Delaware, lobar pneumonia. Ada Williams, 35. 2008 Miller, pulmonary tuberculosis.

PENNSYLVANIANS DISHEARTENED BY POLITICAL FLOP Faith That State Could Be Redeemed Is Rudely Shattered. Bu United Press PITTSBURGH, Ta., Oct. 19.—Indignant, thoroughly ashamed, utterly disheartened. That is the picture today of Pennsylvanians, who had nursed the faith their State could be redeemed this year. Their hope, now rudely shuttered, was for an uprising back of the candidacy of William B. Wilson for United States Senator on the Democratic ticket, which would overwhelm the Republican machine, <*• nvicted of spending $3,000,000 et the May primary. The Wilson candidacy, despite the splendid record and character of the candidate, is a flop to date. Wilson’s association with E. C. Bonniwell, Democratic nominee for Governor, is the answer. .Spirit Wains There is hut a feeble flicker remaining of the fire which whipped the State following the exposure of political rottenness made by Senator “Jim” Reed’s committee. Bonniwell never has stood for anything to commend him to indeI -ndent voters. The suspicion is pronounced that he would be found, if elected, to be merely an agent of the Republican machine. Bonniwell is a judge of the municipal court of Philadelphia. It would be hard to convince most Pennsylvanians that any man could attain a place on that bench who was not entirely satisfactory to the notorious machine ruling the city. Boise Penrose, as boss of the Pennsylvania Republican machine, always figured the cheapest and easiest way to win elections was to manipulate Democratic nominations. The men now running the machine were tutored by Penrose. The machine seemingly did not worry about the nomination of Wilson, probably figured that with Bonniwell as the candidate for Governor the present situation could be confidently expected. Tour Together Wilson haj been touring the State in company with Bonniwell. There are rumors that he and some of his friends had misgivings regarding such a course, but they accepted the arrangement, nevertheless. The misgivings were well-founded. The spectacle of Wilson and Bonniwell making joint appearances has cast a heavy chili over Independent voters. Independent Republicans, who had talked of entering actively into the campaign to defeat Vare, have changed their minds. In private conversations they say they could not afford to identify themselves wtih Wilson as long as he appeared before the public as an associate of Bonniwell. Following the sensational exposure of the primary there were signs of strong independent movement among Pittsburgh Republicans. Then came a shock in the registration figures showing that only one-fifth of the women and two-fifths of the men in the city had registered and obtained the right to vote in the November election. The same story of apathy and thdifference is now coming from other sections of the State. But the big Republican machine in Philadelphia has registered its vast army in greater strength than ever.

REED COMMITTEE IN STATE PROBE (Continued From Page 1) Davis agreed with his view upon the use of money by the international bankers Is not known. Senatorial committees do not subpoena cabinet members. They have been known, however, to invite cabinet members to tell what they may know of value. Within an hour after tha official organ of Waib’s party had put his letter to Borah upon the street Oct. 12, Boyd Gurley, editor of The Times, dispatched this telegram to Reed: “Tonight Chairman Clyde Walb of the Republican party, in an open letter to Senator Borah given to the press, said: " ‘There is evidence everywhere that International bankers of Wall Street have their money in every precinct in this State in the hands of the fakirs, who pretend to have something up their sleeves and are putting on a probe and at every hand we see the activity of this oikfit attempting to defeat our Senators and Congressmen on account of their stand in the United States Senate and Congress on the League of Nations and the payment of the foreign debts.’ A Grave Matter “The Times submits that this is the gravest charge yet made in any campaign. “It submits that the evidence of such a conspiracy of debauchery, if it exists, can only be properly obtained by your committee. "In the name of the people, not only ofr Indiana, hut of all States, I ask that you bring your committee to this Stnte and investigate this grave charge. "The Indianapolis Times, "BOYD GURLEY, Editor.” Following this, Indiana citizens of high standing presented other charges of grave import to Senator Reed, urging him.to give the citizens the benefit of a sweeping, public inquiry into the scandal which has been rocking the State for the last two weeks The matters which other citizens presented related to the Federal aspects of affairs now being investigated by the Marion County grand I jury.

CALLS FUND MEETING Postmaster Bryson Plans Gathering of His Section's Workers. Robert Bryson, postmaster, has called a meeting of workers In the postofflee section of the Community Fund qtility division for tonight at the postoffice t odiscuss plans for the campaign. \ A. D. Grow, head of the postofflre group, George Ress and D. R. Batty will have charge of the meeting. Albert O. Hcnsely. employes’ division secretary, announced the quotas for the six divisions: Commercial No. 7. headed by Sam Mueller. $10,000: Commercial No. 2, headed by Eli Sehloss. $10,000; Industrial division. G. M. Williams, director. $40,800: Mercantile division, Dwight S. Ritter, director. $27,050: Public division, Robert Bryson, director, $21,000. and Utility division, Frank A. Montrose, director. $15,000

DEPUTIES FAIL TO FIND LG. JULIAN (I'ontinmied From Page 1) paper from Miller and promptly disappeared. .She did not reappear until Sunday. She refused to tell newspaper men where she had been. While she was gone her parents, Mr. and Mrs. Charles Meade, admitted to an Indianapolis Times reporter that Mildred had had some documents, but insisted the had sent them away. Attorney Called Russell V. Duncan, local attorney, was the first witness before the grand jury this morning. Dncan was a member of the House of Representatives during the last Legislature. J. W. Ebaugh, also a Marion County Representative in the last Legislature, was the second witness. Their appearance before the jury was believed to be the beginning of a probe of Stephenson’s activities during the session of the Legislature. A number of other legislators are to be called. Subpoenas have been issued for appearance of B'red O. Butler, formerly Stephenson’s secretary, and Miss Margaret Reynolds, also said formerly to be employed in the exKlan chief’s office. Deputy Attorney General Joe Rand Beckett, assisting Prosecutor Remy because of the absence of Deputy Prosecutors Sheaffer and Niblack, left the courthouse, but re-

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L. G. Julian

turned a little later to inquire around the courtrooms for Herbert Hartman, local attorney. Beckett refused to say whether or not Hartman was to be called before the jury. In the meantime Thomas H. Adams, chairman of the probe committee of the Indiana Republican Editorial Association, whose disclosure of letters smuggled from prison by Stephenson, one of which is now being reproduced in The Times, started the corruption probe, was absent from the city. After a conference with special Prosecutor Ralph K. Kane, Adams left late Monday for an Ohio city in search of a witness, from whom* he hoped to gain information on the Stephenson case. Kane declared this morning that he had gijen Adams permission to disregard a subpoena recalling Adams before the grand jury. He denounced a statement that Adams was seeking to avoid appearing before the grand jury, printed in a morning newspaper. Miss Maxine Elliott, 2003 N. Harding St., was recalled before the grand jury Monday afternoon. Miss Elliott, former stenographer in Stephenson’s office, testified first before the investigating body Friday. Previous to her first appearance !n the jury room she admitted to The Times that she had seen a number of checks made out by Stephenson to politicians, but she refused to disclose the names of the was believed Prosecutor Remy re called her in an attempt to force further disclosures. She was before the jury for an hour Monday.

AIR OFFENSIVE ON RUM SUIPS Bu United Press WASHINGTON, Oct. 19.—Within two weeks the coast guard will begin anew air offensive against rum ships. f Rum runners used to discharge their cargoes about twenty miles off Shore until coast guard cutters made that practice dangerous. Now cargoes are discharged from 100 to 300 miles out at sea. Last year the coast guard borrowed a small pursuit plane from the Navy and found that it could detect rum runners lying far out and summon patrol boats to picket them. It asked Congress for five of these planes to extend the experiment and the request was granted. Sconcing over the ocean has proved hazardous. There are no markers to guide planes and the Navy pursuit plane carried only three hours’ supply of gasoline. Several times it returned to shore with only enough gas to fly five minutes longer. The new seaplanes will lie larger, carrying about eight hours' supply of gas. The five planes are to be stationed on the New England coast. If effective, the coast guard will ask for planes for Florida, Puget

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PASTOR TELLS OF HIS TROUBLES AS ‘SENATOR*!’ Says League Head Agreed to Back Independent, Then Indorsed Smith. Bu United Press FEDERAL BUILDING, Chicago. Oct. 19. —Tho Rev. Robert O’Brien. Chicago Methodist minister who en gineeredhe independent Republican candidacy of Hugh S. Magill in tho Illinois senatorial race, revealed his troubles as a ‘‘king maker” in his testimony today before the Senate Campaign Funds Committee. O’Brien, called as the first witness in today’s session of Senator James A. Reed’s one-man inquiry into Illi nois politics, said that he promoted several candidates to oppose Frank L. Smith before finally deciding upon Magill. O’Brien said ho went to Safford because he believed a "great moral leader” of Safford’s typo would be interested in seeing Colonel Smith's candidacy shelved because of Smith’s acceptance of public utilities slush * fund. At that time Safford, who later indorsed Colonel Smith in the name of the league, agreed that Smith should withdraw from the race, the pastor said. According to O’Brien, he suggested to Safford that the league prevail upon the national Administration to give Smith a good, well-paying job. "Safford said that was interesting and that perhaps he eould do something about it,” the witness said.

STEVE’S AUTO , DRIVER TALKS (Continued From Page 1) Jackson’s home on E. Washington St., abqut two squares away, and have breakfast and another conference regarding political affairs before we would start out on our trip. A Very Secret Meetiifc "One day during the campaign, Jackson, Stephenson and George Coffin had dinner at Stephenson's home and had a very secret conference behind locked doors. After that I received instructions from Stephenson not to permit anyone to interrupt them or come near enough to overhear their conversation. “One Slundny afternoon, during the latter part of February, 1924, Claude Worley, now inspector of police, and Mrs. Worley were at Stephenson’s htfme and Judge James Collins. “After lengthy conversation, pertaining to the folly of the prohibition law, Collins indicated that he had to leave, hut before he left he was particularly admiring one of Stephenson's oriental rugs. "At that time Stephenson promised him the rug, which was a blue Oriental rug, valued at about SI,OOO. Worley Frequent Visitor "Worley visited Stephenson's house several times. He was a very frequent visitor at the home of D. C. Stephenson. "Also at various times, I have met about half the members of the Legislature either at Stephenson's offiee or at parties held in his home. "On several occasions I had seen Stephenson in conference with Clyde Walb, Republican State chairman; Bert Thurman, Senator Watson’s stanch supporter in Indiana; Senator James E. Watson, Willis B. Dye, Daily McCoy, Mrs. Vivian Wheatcraft, and on two occasions I was sent by Stephenson to the Severin Hotel with cheeks.” Charles Ross, president of the Rainbow Tire and Rubber Company at. Columbus, Ohio, told of an interview with Governor Ed Jackson con eernlng the case of Bennett, who had been indicted and sentenced for six months on a penal farm on a charge of bribery. Bennett was alleged to have received a bribe from Fred Slater, confessed Indianapolis bootlegger. Slater had testified that Bennett caught him with whisky and accepted $lO9 not to arrest him. Doillits Expressed "Judge James Collins, who son tenced Bennett, and Governor .Tack son both expressed grave doubts as to Bennett's guilt in the case, but said that owing to the fact that Ben nett was formerly connected wltn Stephenson they were inclined to be lieve that public sentiment wa* such that they could not interfere." said Ross. "When I went to Governor Jack son I had credentials for Renner: from high State and city officials. They spoke of Bennett ns an ‘honest and highly efficient officer, who ha* served on the Columbus police department for ten years and whose integrity was unquestioned.’ "Judge Collins said he gave Ben nett the minimum sentence because lie had grave doubts as to Bennett's guilt.” IOIORGAN SIGNS PROTEST Bu United Press BERLIN. Oet. 19.—J. P. Morgan and five other Americans today were reported to be among the signatories of th% manifesto against European trade barriers which is to be published tomorrow. There are eighty-one signatures in all to the manifesto which was sug gested si xmonths ago by President Schacht of the Reichsbank. The other Americans, according to information available today, were Gates W. McGarrah and Albert Iliggin, of New York; J. J. Mitchell and Melvin Taylor, of Chicago, and Thomas N. Perkins, a member of the reparations commission. REVIVING MEMORIES hu I n‘l<il Press NEW YORK, Oet. 19.—The father of Stanley Ketchel will grace the j ringside at the Pioneer Sporting Club | tonight The ring is the same ii I which his famous son fought Phlla delphia Jack O’Brien in one of the | greatest ring battles of time. O’Brien also said he will be there.