Indianapolis Times, Volume 38, Number 194, Indianapolis, Marion County, 19 November 1926 — Page 35

|KOV. 19, 1926

RHARP GAINS OF 40 TO 45 CENTS FOR HOGS

BRICKS STEADY; Hod credit in I MARTINDICATED pediscount Decrease Nearly I Twenty-eight Million; Less Selling.

Average Stock Prices

Avrrapo of twenty indlustrial stocks for iThursday was 154.51. off .64. Average of twenty rails. 118.53. off .28. Average of forty bonds. 05.76. up .03. new high record. Bv United Press „ _ NEW YORK. Nov. 19.—Explanation for the rapid passing of the midmonth money flurry was found in the weekly statement of the local Federal Reserve bank, which showed a decrease of $27,815,000 In rediscounts, bringing the total down to $90,223,000, the lowest aggregate in many months. Tnis reduction was reflected in an increase in the institution’s reserve ration to 84.9 per cent, against 84.5 a week ago and 82.8 a year ago. In view of this evidence of a large supplyjjrcredit available for stock marJteWr eposes, professionals were not dispo&d to push the selling movement in the industrial leaders, and this section of the market displayed a steadier tone. Opening was steady. Irregularity cropped out in the late morning when a flood of offerings poured into Standard oil of New Jersey, forcing it down to anew low on the movement at 39, off 1%, from the previous close. However, the unsettlment which selling created in the general list proved of short duration. Around noon the whole market firmed up under the stimulating influence of pronounced strength in Baldwin, "which shot ahead to 141%, up 5%, from the previous close and the best price since last year when Jt reached a high of 146.

Banks and Exchanges

—Nov. 19— LOCAL CLEARINGS Indianapolis bank clearings for today amounted to $3,334,000. Debits. $7,220.000. NEW YORK STATEMENT NEW YORK. Nov. 19.—Clearings. $890,000,000: balances. $104,000,000. FOREIGN EXCHANGE NEW YORK. Nov. 19. —Foreign exchange opened irregular. Demand sterling $4,84 5-10. off .00 %c: francs. 3.53 'Ac. up ,04c: live. 4.10 'Ac. off ,01%c: belga. 13.90 c: marks. 23.72%c. onislify •USHER AT OPEN Bearish Factors May Lead to Slump. Bu United Press CHICAGO, Nov. 19. Opening grain prices were generally higher than the previous close on the Chicago Board of Trade tjfls morning, although some bearish factors were present in all pits, so that a reversal in trend is not unexpected. Wheat ranged from % cent lower to % cent higher, having taken its strength from the sharp bulge in Liverpool. The fact that Argentinian weather has shown much improvement is a weakening factor. With a falling off in receipts of old corn and an increased demand that cereal displayed new life this morning, opening % to% higher. However, exceedingly large stocks are still casting a bearish shadow in the pit. Oats ranged from unchanged to higher and is still in a rut despite its fundamentally strong position. Provisions opened unchanged. Chicago Grain Table —Nov. 19— WHEAT— Prev. High. Low. 11 p.m. close. Dec. .. 1.35% 1.33% 1.33% 1.85% May .. 1.40 1.38% 1.38% 1.39% July .. 1.33% 1.31% 1.31% 1.33 CORNDOC. . . .71 % .70 % 71 .71 May .. .80% .79 A .79% .79% July .83% .82% .82% .83% OATS— Dec. . . .42 ... 41 % .41 % May .. .4(1% ... .46% .40% • • • .45 % .45 % D.92 % 90% .90% .91 - 97t * - 98 Jan 12.20 12.07 12.10 11.97 March .. . 12:42 12.25 12.35 12 05 May 12.17 RIBS— Jan. 12.50 CHICAGO. Nov. 19.—Carlot receipts: Wheat. 30: corn. 81: oats. 23: rye. 9. CHICAGO Nov. 19.—Primary receipts: Wheat. 1.027.000 against 1,393.000: corn. 330.000 against 770000: oats. 350.000 against 439.000. Shipments: Wheat. 1.354.000 aeainst 629.000: com. 798.000 against 349.000: oats. 219.000 against 869.000. MEAL PRICES HOLD FIRM Only Slightly Lower Than Year Ago Despite Heavy Output. Bv Times Special Linseed meal price;, are averaging only slightly lower than a year ago in spite of unusually heavy production during recent months and the competition of other high protein feeds which are relatively cheaper, reports the United States Department of Agriculture. Prices of linseed meal in eastern markets at the middle of November average about $2 a ton lower than a year ago, reflecting in part the slackened export inquiry- Quotations in central western markets, however, are about $1 a ton higher than at this time last year, excitedTugar dealing London Mart Buoys on Cuban Product ion Restriction. Bit and Press LONDON. Nov. 19.—Excited dealing in the sugar market resulted today from Cuban restriction of production. All English grown granulated sugar gained a shilling a hundred weight and foreign sugar rose from 7% to 9 pence a hundred weight. At first call, 120,000 tons of sugar were bought.

LARGER CAPITAL STOCK Is Insurance Company Proposal; Dividend Is Declared. Bv United Press NEW YORK, Nov. 19.—The Fidelity Phoenix Fire Insurance Company today declared a 100 per cent stock dividend, payable Jan. 10, to stockholders of record on Dec. 30. A special meeting of the stockholders was called for Dec. 8, to vote on a proposed increase in capital stock of $10,000,000 from $5,000,000. UTIUTIESSERVE 2 PUBLICS NOW, SAYSLUMINARY Industrial Leader Speaks Before Power Heads. Bn Times Special ATLANTIC CITY, N. J., Ncv. 19. —ln addition to an ever-grewing army of consumers, the public utility industry has come to recognize another and equally important public —the constantly increasing multitude of public utility investors that in 1925 poured over $1,800,000,000 for new financing and refunding into the industry—said Warren R. Voorhis, vice president of the American Water Works and Electric Company, in addressing the eleventh annual convention of the New Jersey Utilities Association at Atlantic City recently. “It is just as essential to establish .and maintain sound, friendly and helpful relations with this investing public as it is to maintain such relations with the consuming public,’’ Mr. Voorhis said. “This, in our day, is largely the job of the Holding Company, for it is the Holding Company which arranges and supervises most of these investment offerings to the people, at the same time managing their administration in the public service. Show Confidence "The vast sums annually flowing into the public utility industry constitute a remarkable vote of confidence by this new public.’’ He continued: “The flow of these hundreds of millions of dollars each year into the public utility Industry Is the most significant fact of the financial life of the present day. This money comes from everywhere—from the surplus of the rich man and the savings of the poor. It evidences the confidence which the public has, not only in the wisdom, vision and honesty of those directing the industry, but also in the stability and constructive value of the industry itself. “The most important duty which the holding company performs in the public utility field is that of obtaining money on the best possible terms from the public for its needs, and here lies its greatest responsibility. Honesty Essential “The performance of this duty, which is fiduciary in its character, with honesty, conservatism and intelligence, will go further to promote a sound public relationship with the investing public than anything that can he done; and the best' evidence that this responsibility is recognized is the very honorable record of interest and dividends promptly paid—a record probably not surpassed in any other business.” “No matter how, where or by what tribunal regulated, the public utlity industry stands with all other institutions, constantly before the bar of public opinion, which is a tribunal powerful enough to enforce Its judgment. “So long as the industry continues to keep its house in order, managing with efficiency and financing with good judgement, there will be no reversal of that good-will and public esteem which it now enjoys.’’

Produce Markets

Eg’g's-—Strictly fresh delivered at Indian apolis. 00052 e. Butte. (wholesale prices) Creamery best grade a pound. 62 0 53c. ..Poultry - Fowls. 21023 c: Leghorns. 14 01oc: ducks. 15018 c. Cheese (wholesale buying prices)—Wis consul Datsies. 24025 c Longhorns 240 27e: Limburger 27c. Butterfat—Local dealers pay, 50 0 52c. Nov. 19.—Butter—Extra, 53 0 o4c in tubs: extra firsts. 51 0 52c: firsts 46 048 c: packing stock. 32e. Eggs Extra Js2c: heavy firsts. 54c: firsts. 52c: ordinary. 36c: pullets. 32c: refrigi'. r . a , or ex lr a firsts. 37c: refrigerator firsts. 34 %c. Foul try—Heavy fowls. 26 @ 27c: medium, ,22 024 c: Leghorn. 15 017 c: heavy springers. 260 27c: medium. 22 0 ~4e: Leghorn 20021 c: heavy ducks. 25 020,c: medium. 22 0 23c: geese. 200 24c. 1 otatoes—loO-pound hags, round white Michigan $3.85 04: Petoske.vs. $3,250 4 'io: Maine, best. $4.750 5: poorer quality, $4.35 04.50: New York. $4.25: Gainesville $4.50 04.05: Wisconsin. 150pound sacks. $3.8504: Minnesota and brown beauties. 120-pound sack. $4.20. _ CHICAGO. Nov. 19.—Batter—Receipts, 5.992; creamery. 49c: standards. 44%e: firsts. 41041 c: seconds. 36 040 c. Eggs —Receipts 3.858 • ordinaries. 42047 e: firsts. 48 0 54c: seconds. 50c. Cheese Twins, 23 023% c: Americas, 23 % 0 24c. Poultry—Receipts. 11 cars: fowls, heavy 23%c. small 18c: springs. 23c: ducks, heavy 25c. small 20c: geese. 15018 c: turks No. 1. 40c: No. 2. 20c: roosters. 18e. Potatoes—Receipts. arrivals. 79 ears: on track 433: Wisconsin sacked round whites. $2.2502.40: Minnesota sacked round whites. $2.2002.35: Idaho sacked russets, $2.75 03. NEW YORK. Nov. 19.—Flour —Quiet and firm. Pork—Steady; mess. $36: Lard —Firmer: middle west. $12.45012.65. Sugar—Raw. firm: 96 test. 4.77 c: refined, firmer: granulated. 5.850 6.10 c. Coffee— Rio No. 7. 16% 010%c: santos No. 4. 20%<21c. Tallow—Dull: specials to extra. 7 07%c. Hay—Weak: No. 1. $1.35 01.40; No. 3. $1.15 01.25: clover. $1.15 01.25. Dressed poultry—Firm: turkeys. 30 0 52c: chickens 22 042 c: capons. 35 0 45e: fowls. 170 35c: ducks. 25 0 32c Long Islands. 31032 c. Live poultry— Firm: geese. 10 0 20c: ducks. 15 0 34c: fowls 23032 c: turkeys. 40c: roosters. 18c. Cheese—Steady: state milk, common to special. 25027 c: young Americas. 24 % 0 25c. Butter—Firmer: receipts. 7.805: creamery extras. 51 %c: special market. 52052%e Eggs—Firm: reeeints. 11.242: nearby white fancy. 79 080 c: nearbv state whites. 500 78c: fresh firsts. 50 0 50c: Pacific coast. flr9t to extras. 47 0 77%c: western whites. 36065 c: nearby browns. 70 0 74c. Potatoes—Long Island. $3.4005.90: states. $4.75 0 5.50: Maine. $4.3505.50: Canadians. $5.2505.50. PEPPERMINT OIL EASIER Bu United Press NEW YORK, Nov. 19.—Peppermint oil on the markets here Is somewhat easier after a short period of steadiness. Prices for natural oil ranfee from $6.25 to $6.50 per pound, while re-distilled United States Peppermint is quoted at $6.75 to $7 per pound.

New York Stocks (By Thomson A McKinnon!

—Nov. 19— Railroads— Prev. High. Low. 1:00. close. Atchison ..155% 154% 154% 154% Atl Cat L. .208% ... 207% 108% B & O . . 104 ... 104 104% Canad Pac 165% 164 164% 164% C & O ... 165% 104 164% 164 C & NW. . 79 % 28 % 79 79 % CRlft P. 67 % 67% 67% 67% Del & Hud 172% Del ft Lack 146 ... 146 146% Erie ... ... 38 % Erie Ist pfd 46% ... 46% 46% Gt North nf 79% 79% 79% 79% Lehigh Val 89 % K C Southn 42 ... 42 43 % L & N 130% M K ft T . 31% Mo Pao pfd 90% ... 90% 90% NY Cent... 137 136 136 136% NY NH & H 42% 42% 42% 42% North Pac. 79% ... 79% 79% Nor &Wn 164% ... 164 164% Pere Marq. .. ... . 109% Penney ... 56% .... 56% 56 Reading ... ... 87 % S Railway 118% ... 118% 119% So Pacific 107% 107% 107% 107% St Paul ... 10 ... 9% 10 , St Paul pfd 19 18% 19 18% St L & SW 63% St L & SF. 98% 98% 98% 98% Union Pac 164 163% 163% 164% Wabash ... ... 40 % Wabash pfd 74% ... 74% 73% Rubbers— Ajax 7% ... 7% 7% Fisk 16% ..., 16% 16% Goodrich ..48 ... 47% 48 Goodyr pfd. .. ... ... 101% Kelly Spgfld 92. U S Rubber 59 ... 58% 68% Equipments— A C and F 100% ... 100% 100% Amer Loco 108% 108 108% 107% Am St! Fdy 43% ... 43% 43% Bald Loco 141 137% 140% 136% Gen Elec.. 85 84% 85 84% N Y Airbrlt 41% 41 41% 41% Pr Stl Car 41 Pullman ..194% 183 184% 183, West A B 130 . .. 130 129 % West Elec. 69 ... 69 QB% Steels— Bethlehem. 44% 44% 44% 49% Colorado F . . . ... ... 41 Crucible .. 77% 77% 77% 77% Gulf S Stl. 56 % ... 50 56 % PRC & X 43% ... 43% 43% Rep Steel.... ... ... 5a % Sloss-Sheff ... ... ... 127% U S Steel 147% 145% 148 145% Alloy .... 31% ... 31% 31% Vanadium.. 41% 41% 41% Motors— Am Bosch. 17% ~17% 17% Chandler .... ~.... 24 Chrysler ..30 .... 35 % 30 Conti Mot.. 11% ... 11 11% Dodge .... 23 ... 22% 23 Gabriel ... 32 % 32 32 % 31 % Gen Mot.. 142% 141% 142% 147% Hudson ... 44% 43% 44% 41 HiUJP 31., Mack 94 93 94 93 Martin-Par ... ... ... 21 % Moon ... ... 1?., Nash .... 55% ... 65% 55% Packard .. 36 % ... 35 % 3o % Pierce-Ar... 21% .. . 21-% 23 Studebaker. 50 49 % 49 % 49 % Stc-wart W. 68% 67 68 66% Timken .. 81% 80 81% 79% Willys-Ov.. 20% 20% 20% 20% White Mot. 56% 66 50 Vi 60% Milling— Am Smelt 135% 135% 135% 135% Anaconda.. 48% ... 48% 48 % Cerro De P 03% ... 63% 63 Inspiration. 27% ... 27% 32.% Int Nickel. 37% 3+ 37 % 37 % Kennecott.. 63% .■ . 03% 63% Tex G& S. 49% 48% 49% 48% U S Smelt .30 ... 36 30 Oils— Atlanta R ••• , -••• 104% Cal Petrol. 30% ... 30% 30% Freeport T. 30% 30% 30 Vi 30% Houston .. . . ... 22., Indpend Oil 28 ... ?Z r A Marland Oil 53% 53 % 63% 63 Midcont Pet 30% 30% 30 v* 30% pT A 4 P B 63 % ‘02% ‘O3 03% PhilHps *Pet 51% ’50% 'sojft 50% Union OU.. 52% ... 52% §2 Pure Oil .. 20% ... 20 26% Shefi l , D ! C . h . 30% ‘3O '30% 30% Sinclair ..! 17% 17% 17%' 17% Skelly 32% ... , 32% SO of Cal. 58% 58Vi 58% 58 SOofN J4O % .... 40% 40% Texas Cos. . 54% 04% o 4 % 54 / Trans Pete. 4 % 4 4 4 Industrials — Ad. Rumely 13 ... 13 45** Allied C i3i% 14 131 ft Ame? u ca£:: J!5 *M #3B M A H ft L pf 41% Am Saf Raz .. ... ... 6 2,, Coca Cria .'lO4 103% 104 164% Cont Can ... .. • •• • Certaintoed. .. ... •• e KLt.'isS " irawgs In Cm Eng .40 ... 39 ‘A

WALL STREET ITEMS

(Bv Thomson & McKinnon) New York Federal Reserve Bank rediscount rate unchanged at 4 per cent. Federal Reserve system ratio. 73.7. against 74 a week ago and 72.1 a year ago. New York Federal Reserve Bank ratio. 84.9. against 84.5 a week ago and 82.3 a year ago. Commonwealth Power and subsidiaries for the twelve months ending Oct. 31 earned 3.92, against 1.94 a year ago. National Transit declared an extra dividend of 12% cents and regular semi-annual dividend of 25 cents. Fidelity Phoenix lire Insurance declared a 100 per cent stock dividend. Cheseborough Manufacturing declared and extra dividend pf 7o cents and regular quarterly dividend of 7 p cents. Sales of Cuban raws for late November arrival, were at 3 cents. Erie Railroad, for the third quarter, ended Sent. 30 reported a surplus of $3.608.000. against $3,040.000 a year ago. Democrats agree on tentative tax Program, providing for reduction of $300,000,000. Associated Gas and Electric declared an extra dividend of 12 % cents on the original preferred. In addition to regular quarterly dividends of 87 % cents. Pp.irsalls—Confidence In sugar was emphatically increased Thursday, when the previous day's rumor of an impending announcement by the Cuban president of si official restriction on new crop production received practical confirmation in a cable from one of the highest Cuban authorities oil sugar. Crucible Steel—Stock seems very scarce In the street and insiders quite confident of much higher prices. Expect 80-90 before long. American Locomotive —About as safe fin industrial investment as we have offered around current levels, and pays better than 7% per cent on its price. Baldwin —May buy dips here with stop at 134%. and if caught buy again near 130 with stop at 126%. Crossing 140 actively should mean 140 In a hurry. Bethlehem Steel—One of the independent steel bargains, in our opinion. Earnintro and proKpeots warrant expectation oi a S3 or $4 dividend rate some time next year. ______ Great Western Sugar—As an 8 per cent industrial investment would pick some up on weak places, and more on every fair dip under par. Cotton Opinions—Hirsch Lilt Look for trading market until t!u-, Oovurumcnt iuport Hubbard: It is felt that Etet is hardly likely to dec ine. even if the Government fllfures are raised, but buyers are not inclined to follow advances on the eve of one of these reports. Hentz & Cos.. There is no feature of interest at the mo ment. Grain Opinions—Stein Alstrin: Inclined to anticipate a further upturn, m wheat. ft nd are friendly to coarse jrrains. fnS- Wheat looks like a sale on hard snots Bartlett-Frazier: Look for uß v '' r ' trend in wheat prices and favor purchases of corn on all setbacks.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK. Nov. 19.—New high prices for the year and the largest volume Os business—lßl.2so tons—ever done were experienced Thursday in the sugar futures market: President Machados 4 500 000-ton crop decree received the credit for the day’s demonstration in su1 With raws quoted at 3 ee nts . ; V , ’ f ' granulated at 6 cents and better, there was a rush to buy. Don’t be surprised to see some profit-taking, especially if trade demand remains of moderate proporS, e Nevertheless. I think we may safeitr unnnt uDon b. more profitable price level for sugar Under such a condition, temporal setbacks should be utilized for new buying.

In the Cotton Market

(By Thomson & McKinnon) NEW Y’ORK Nov. 19.— Thursdays reaction in cotton may continue. The trade is not buying anything more than current requirements since May crossed 13 <ent_ In the last hour the South was selling small lots at frequent intervals.

Local Wagon Wheat

Local grain elevators are paying $1.25 to r No. 2 red wheat. Other grades are purchased on their merits

THE INDIANAPOLIS TIMES

Int Paper.. 56% ... 56% 60 Int Harv ..130% ... 130% 131 May Dp St 138 ... 138 137% Mont Ward 66% 05 VI 60% 05% Owen Bottle .. ... ... 81 % Radio 61% 00% 61% 60 Sears Roeb. 53% ... 53% 52% United Drg 163% 103 103% 165 U S C I P 210 ... 210 210 U S In A1 77% 70 77% 70% Woolworth 190 % 189 190 187% Utilities— Am TANARUS& T 148% ... 148% 148% Am Exp ... ... 120 Am Wat W . . . ... 58 Brklyn M. . .. ... ... 08 % Col G ft E 86% Cons Gas. .109% 108% 109% 109 Interboro ... ... ... 47 % NAm Cos.. 49% ... 4A1% 49% Peo Gas .... ... ... 124 Phila Cos 77% Std G & E 54 ... 54 Vi 54 % West Un 144 Shipping— Am Int Cr 39% ... 39% 39% Am Sft C. 6 ... 6 0% Atl Gulf... 36% ... 30 % 37 Int M M p 34 ... 34 34 % United Frt. . ... ... 114% Foods—• Am Sugar . 82% 80% 82% 80 Am Bt Su. 24% 24 24% 23% Bch Nt Pltg 58 ... 57 % 59 Cal Pkg 68% Corn Prds.. 49 48% 48% 49 Cu Cane pfd 45 % 43 % 45 % 43 % Cu Am Sug 27% 26% 27% 26% Fleisohraann 48% 48 48% 48% Jewel Tea ... ... ... 43 Nat Bisolit 93% ... 93% 93% Punta Alegr . . ... ... 40 % Postum ... 97% ... 97 97% Ward Bak B 20 ... 76 26 Tobaccos — Am Sumat 39% 38 Vi 39% 38% Am Tob .... ... ... 120 Am Tob B 120 119% 120 119% Cons Cigars 80% 79 80 Vi 80 Liggett ... . .. . .. - 98 % Lorillard .. 33 Vi 32 % 33 % 32% R J Reyn .121 119 121% 319 Tob Prd B. 108 107% 107% 107% Un Cig Str 96% 96 96% 96 Schulte RS 45% 45% 45% 45 OUTPUT IS $22,049,047 7.5 Per Cent Increase In Manufacture of Hats and Caps.- , WASHINGTON, Nov. 18.—DepartBu Times Knee ini ment of Commerce announces that establishments engaged primarily in the manufacture of hat and cap materials reported a total output valued at $22,049,047, an increase of 7.5 per cent, as compared with $20,507,592 for 1925. Os this total value, $14,951,518 represents hatters’ fur; $2, 232,713, hat linings; $1,051,357, sweat bands; $1,023 337, cap fronts; $868,938, the amount received for stamp ing and embossing, and $1,921,184, all other products, chiefly hat and cap trimmings, skins and receipts for contract work other than stamping and embossing. Os the eighty-nine establishments reporting for 1925, fifty-nine were in New York, thirteen in Connecticut, five in New Jersey, four in Illinois, four in Pennsylvania and the remaining four in three other States. In 1923 the industry was represented by 104 establishments, the decrease to eighty-nine in 1925 being the net result of a loss of twenty-three establishments and a gain of eight.

Commission Row

PRICES TO RETAILERS FRUITS Apples—Fancy Grimes Golden bbl $4.500r5. Jonathan, bbl.. $5.25: Delicious, 40-lb.. $2: Wolf River. 40-lb basket. $1.35. Dates—Minoret. 30 pack, to box. $4.50: Dromedory 30 pack to box $6.75- bulk dates. 11c lb. Figs—l 2 pack, to box $1.15: 60 pack to box. No 6 $3-24 pack, to box, fancy $3: 12 pack, to box. black, $1 75: imported Tayer. 10-ib. box. $1.9002 10. Cantaloupes—Honevdew melons crate $3.00. Honey—24-cake crate. $4.5000. Casabas—Per crate. $3.50. Coconuts —Fancy -lamaieas sack of 100 $5.75. Grapefruit—Extra fancy. $5: Florida. $4.25. Cranberries—Fancy blacks half barrels $4.25. Kumquats—Florida. 25 0 30c qt. Lemons—California, box. $2.5004.50 Limes—Florida 10<) $2.60. Nuts —lndiana chestnuts lb. 15 0 23c shellbark hickorynuts. lb., 2 03c: blrk walnuts. 303 Vic lb.: English walnuts. 30 0 38c. Oranges—California crt. $0 07.50. Pears—Oregon $5 box: Oregon D’Angos. $5 box. Persimmons 750051. Grapes—Emperor, crate. $1.75 0 2.10: extra fancy kegs. $4 04.25: New York Concords. 16-lb. basket. 65c. Pomegranates—California $2.50 oe box Tangerine—Florida. $5.50 per % box Tohedos—California. $2 per crate. VEGETABLES Artichokes California $1.25 ol.r>O dozen. Asparagus—s 6 crate. Bears—Fancy. Louisiana, green. $1.50 01.75 hamper; wax. $1.50 0 2 hamper: stringless. $2.50 03 hamper. Brussel Sprouts—Fancv California 2Ar pound Cabbage—Holland seed. 2c lb.: red cabbage. 5c lb. Celery Cabbage—H. G.. $1.25 dozen. Sauliflower —Colorado, crt. $1.750 2. elerv —Michigan squares $1.50 box: Michigan rough. $3.2503.50 per twothird crate: Michigan jumbo. $1.25 dozen. Cucumbers—Hothouse $2 60. Eggplant—Florida. $7 orate. f Garlic—Pound. 16 012%c. ' Kale—H. G.. bu.. 75c. Lettuce —Western Iceberg, crt.. $3.50 04. Mangoes—H. G.. bu.. $1.500 2. Mushrooms —Pennsylvania. $2 for 3-lb Onions—H. G yellow. 100 lbs. $1.75 Utah Valencias. 105-lb bag $3: Spanish, crt.. $1.90- green doz. 40c. Oyster Plant—H. G.. 45c doz. Peas—California. $6 per hamper. Parsley—U G doz ounenes oOC Root Vegetables Turnips, bu.. 85c: parsnips, bu. $150: carrots bu. $1.50 Canadian rutabages. $2 crate. Squasn—o. G. white summer bu. 75i Potatoes —Michigan round white, sack 74.25 0 4.50: Minnesota Early Olios 120lb. bag. S4O 4 50 Shallots—Louisiana. 75c per doz. Radiance—H G ion* reds 40c- but ton. 75c01 _ „ Sweet "otatoes—Fancy Vtrgtnla bbl $303.25: Indiana Jersey, bu., $202.25. Spinach—H. G.. bu.. [email protected] Tomatoes—Six-basket crate $5 00. Cider —14-gal keg $6 RAILWAY EMPLOYES LESS Great Britain’s Total Lower by 13,000 In Year’s Time. Bu Times Special LONDON, Nov. 19.—The number of employes in the railway service of Great Britain, as of the end of March, 1926, totaled 689,264, compared with 702,062 at the end of March, 1925, and with 735,870 at the end of March, 1921. These numbers include all persons actually employed in the railway service, with the exception of those not directly employed by the companies, that is, the staff employed by contractors. PROTEST BOND SALE Broadmoor ..Cemetery ..Company Claims Exemption in Plea. A petition asking that the Glenhaven Cemtery Association, successor to the Broadmoor Cemetery Association, be prohibited from selling securities in the Statß was filed today with the State securities commission by the Broadmoor Realty Company. The cemetery association has filed a petition claiming exemption from control of the securities commission. The Broadmoor company declares that as a city ordinance prohibits erection of a cemetery within 1,000 feet of a boulevard, sale of securities for establishment of a cemetery at Cooper Ave. and Kessler Blvd., near the Broadmoor Country Club, would be illegal.

Light Receipts Cause Rise; Bulk, [email protected]; Top, $12.20. —Hoc Price Ranee— Nov. Bulk Tod. Receipts 13. 11.75 012.10 12.10 2,500 15. 12 00012.35 12.30 4.500 10. 11.05 011.90 11.90 7.600 17. 11.65011.90 11.90 6.000 18. 11.50011.75 11.75 4.500 19. 11.90012.20 12.20 4.000 Sharply higher prices prevailed in the hog market in today’s trading at the Indianapolis Livestock Exchange, the gain being largely 40 cents with a few porkers commanding as much as a 45-cent increase. Pigs, however, were generally 20 cents higher. The sudden upturn in values was unheralded and farmers who had stock up for sale were considered (fortunate. Hogs weighing 140-275 brought the highest price at $12.20. A short run, possibly the result If Inclement weather conditions, together with light receipts at practically all other marts and consequent sharp gains there, led buyers to bid higher. The local run was estimated at 4,000 fresh with 94 stale porkers that were added to the total offering. The bulk of the sales were made over a spread of [email protected]%covering weights from 140-300 pounds, while top price was $12.20. Thursday’s best price was $11.75, which for choice material, shows a gain today of 45 cents. Hog Price Range Porkers weighing 120-140 pounds were sold at sl2, which was 20 cents higher than prices at the previous trading session; 140-275 pounds, [email protected], 40@45 cents higher; 275-300 pounds, $11.90, 40 cents higher, and 300 pounds up. [email protected], 40 cents higher. Notwithstanding the fact that huge supplies of poultry are being marketed for next week’s Thanksgiving demand, cattle values, which held steady Thursday, continued unchanged in today’s trading. The Chicago market has been set back considerably because of the seasonal demand for poultry. Receipts of cattle today were estimated at 800 bovines. Beef steers sold at $8@10; beef cows, $4.75®6; bulk of stock and feeder steers, s6@ 7.75, and low cutters and cutter cows, $3.50(7?4.75. Calves Are Steady The calf market was steady. Receipts were estimated at 800. Good and choice vealers were largely [email protected], while heavy calves sold at $6.50@9. In the sheep and lamb department a good demand for high class natives resulted in this kind rising to a top of $12.50, which was a net gain of 30 cents over the ; vious day’s trading. Bulk of fat lambs sold over a spread of [email protected], while the bulk of the cull lambs brought ss@ 8.50. Bucks continued to sell at $3 @5, and ewes s6@7. —Hogs— Receipts. 4.000: market hieher. 120-140 lbs $12.00 140-275 lbs 12.15012.20 275-300 lbs 11.90 3001 lbs. pu 11.25011.05 Paekini: sows 9.50 011.00 Smooth light sows 11.25 —Cattle— Receipts. 800: market, steady. Beef steers $8.00010.00 Bulk Stocker and feeder steers 6.00 0 7.50 Beef sows 4.750 6.00 Low cutters and cutter cows. 3.50 0 4.75 Receipts, 800: market. 811X10?. Vealers $12.50013.50 Heavy calves 6.50 0 9.00 —Sheep— Receipts. 400; market, steady. Top fat lambs $12.50 Hulk fat lambs 11 50012.50 Bulk cull lambs 5.500 8.50 Ewes cull lambs 7.00 down Bucks . 3. 00 0 5.00

Other Livestock „ CHICAGO. Nov. 19.—Cattle Receipts. 3.000; largely a cleanup trade on fed steers: common and medium grades predominate. spares held from earlier in the week numerous. 1,226-pound bullocks, $10.25: bulk ted steers. $7 0 8.25: shcstock steady: lower grade fat cows as well as cutters active: hulls and vealers unchanged: most vealers to the packers at sll downward. Sheep—Receipts. 6.000; market fairly active: fat lambs strong to 25c higher: 'op nativis to small killers nt $13.50; held best westerns at that figure, bulk desirable fat lambs. $12.75013.25; holding choice fed clipped lambs at $12.25; culls 25c higher at $8.5009.50: sheep steady: bulk fat ewes. $5.250 6.50: c-hoiee held at $6.75: feeders 25c higher at $13.35. Hogs—Receipts. 18.000: market active. 15 0 25c higher: top $11.80: bulk, $11.2o011.75: heavyweights. $11,500. 11.80: mediumweights. $11.50 011.80; lightweights. $11.40'0’11.75. light igihts, $11.40011.80: packing sows, $10011; slaughter pigs. $11.50 012. EAST ST. LOUIS. Nov. 19.—Hogs Receipts. 7.000. market 25c higher: 250350 ll>s.. $11.500 11.80: 200-250 lbs.. $11.65(it 11.85: 160-200 lbs.. $11.65 012: 130-200 lbs.. $11.65012: 90-130 lbs.. $11.50011.90. Cattle—Receipts. 1.000: market steady: beef steers. $7 08.25: light yearling steers and heifers. SOO 8.50: beef cows. $500: low cutter and cutter cows. $3.50 0 4.50: vealers. sl3: heavy calves. $6 0 7.50: bulk stock and feeder steers. $607.35. Sheep—Receipts. 1.000: market steady: top fat iambs. sl3: bulk fat. lambs sl3: hulk cull iambs. $8.50: bulk fat. ewes $5 06. CLEVELAND. Nov. 19.—Hogs Receipts. 1.000: market steady. 10c higher: 250 to 350 lbs.. $12.20012.25; 200 to 250 lbs.. $12.20012.25; 160 to 200 lbs.. $12,200 12.50; 130 to 160 lbs., $12,250! 12.50: 90 to 130 lbs., $12.25012.50: packing sows. $10.25011. Cattle Receipts. 200: calves. 300: steers steady, $7.2508: beef cows. $4.7508: low cutters and cutter cows, $3.2304.25. vealers, [email protected]: heavy calves. $9.50 011. Sheep—Receipts. 800; market steady: top fat lambs. $13.25: bulk fat lambs. $130! 13.25: bulk cull lambs. $8.50 010: bulk lat ewes. s4@6. PLANS 35 ELEVATORS Wheat Pool Would Increase Its Structures to 610. Bu United Press REGINA, Saskatchewan, Nov. 19. —Erection of thirty-five country grain elevators at a cost of more than $1,000,000 will be undertaken by the Saskatchewan wheat pool, the cooperative marketing association of farmers, according to an announcement by the organization issued here. This will bring the number of elevators under control of the farmers to 610. RAD 10 HISTORY TO PIC C. E. Horn to Address Sectional Meeting of Engineers. C. E. Horn, head of the radio department of the Westinghouse Electric and Manufacturing Company and a recognized expert in radio engineering, will speak on the subject, “Radio, Past, Present and Future,” at the meeting of the IndianapolisLafvyette section of the American Ins..tute of Electrical Engineers at the Lincoln tonight at 8 o’clock. The meeting will be open to radio fans, it was announced by J. B. Bailey, assistant vice president of the Indianapolis Light and Heat Company, who is chairman of the section. SANDERS BACK ON JOB Bit I'nPrft Prrss WASHINGTON, Nov. 19.—Everett Sanders, secretary to the President, returned to the White House today after a rest at his home in Terre Haute, Ind. < *

BEARISH ATTITUDE ON UNDERTONE IN ACTION OF MART , • Late Moderate Rally Fails to Aid General Condence. By E. Walter Mockler NEW YORK, Nov. 19.—Once more the stock market was called upon to stand off a sharp selling drive in the final hour Thursday, but negotiated the hard spot with a trifle more ease then Wednesday. Following the selling came a moderate rally which made the general market look a trifle better. The undertone, however, was not one to improve the general confidence. Call money remained at 4% per cent and certainly is not a factor against the market right now. If the money situation is considered at all in regard to the daily turnover in stocks, it must be accepted as favorable. All during the peak of demand for funds there has been a plentiful supply and a 5 per cent rate Is still regarded as high. Just so long as this figure commands respect in the call market and proves sufficient to bring funds here from the interior, just so long will there be no basis for apprehension regarding the money situation. Is Market Backbone Asa matter of fact the abundance of money is affording the real backbone of the market. These funds, all representing potential Investment power, cannot be Ignored. Many stocks are selling on a pure yield basis where speculative possibilities have been subordinated to all other considerations. Thus any improvement in the outlook for general business must be reflected through an expansion in these speculative possibilities while any contraction in general business will leave stocks dependent upon investment factors for guidance. Announcement that President Machado of Cuba is taking definite steps to limit the coming sugar crop, wonked well In the sugar stock group. Regardless of the trend In the rest of the market, this group more than held its own at all times. Good News Aplenty Os late the market has certainly not lacked for good news. Following the flood of extra and higher dividends of late, Texas Gulf Sulphur and Atlantic Coast line have joined the ranks. The former declared an extra dividend of $1 per share on the new common, Thursday, establishing an annual basis of $4 per share while Atlantic Coast Line paid $1.50 extra in addition to the usual $3.50 sent annual disbursement. T—as Gulf’s dividend rate bears out iiie last of the predictions made in responsible quarters around the first of the year when the big move* ment In the old stock started. At that time the old stock was paying $8 per year regular and $2 extra. The first predictions, made guardedly In certain quarters, were that the extra would be added to the regular, making a flat sl6 stock dividend, with possibility of another $2 extra later. Since that time the stock has been split four ways, which means that the dividend is equal to sl6 per per year per share on the old common.

Indianapolis Stocks

—Nov. 19— —Stocks—- , _ . , ... Bid. Ask. Am Central Life 300 ... Amer Crcusoting Cos pfd...100% Ad Rumely Cos com 13% 14 Ad Rumely Cos pfd 44 45 Belt K It com ’. .. . 60% 70% gelt u r pfd 5? e” Cent Ind Power Cos pfd ... 80 ... Century Bldg Cos pfd 100 Cities Serv Cos com 48% ... Cities Service Cos pfd 92 ... Citizens Gas Cos eqm 50 50% Citizens Gas Cos pfd 105% ... Commonwealth Loan Cos nfd 99 Equitable Securities Cos com 51 Hook Drug Cos eom 28 % ... Indiana Hotel com 110 ... Indiana Hotel nfd 101 ... Indianapolis Gas 58 02 Indpls & Northwestern pfd. 48 ... Indianapolis St Ry ....... 38 % 41 Interstate Pub Ser pr lien nf 97 ... Merchants Pub Util Cos pfd. 98 ... Progress Laundry com .... 21 % ... Pub Sav Ins Cos 14 ... Raub Fertilizer pfd 48 ... Real Silk Hosiery nfd .... 90% 97 Standard Oil Cos. Ind 64% 65% Sterling Fire Ins Cos 15% ... T H I ft E com 1 4 T H I ft E nfd 23 25 T H I ft I, Cos nfd 90 Union Trae of Ind eom 1 Union Trae of Ind Ist nfd. ... 10 Union Trae of Ind 2d nfd. ... 2 Union Title Cos com 88 Van Camp Pack Cos pfd. ... 16 ... Van Camp Prod Ist pfd. . . 91 96 Van Camo Prod 2d pfd 95 Wabash Rv Cos eom ... Wabash Ry Cos pfd 73% ... —Bonds—v?elt R R and Stockyards 4s 90 Broad Ripple 5s 79 82% Centra! Indiana Gas ns .... 98 ... Cent Ind -’ower Cos 0s 89% ... Cent Ind Power Cos 7s .fi*?., •• • Citizens Gas Cos 5s 189% •■ • Citizens St RR 5s 84% 80 Home T and T of Ft W os. .103 ... Indiana Coke and Gas 0s . . .102% ... Indiana Hotel 5s 98 ... Indiana Northern 5s 2 ... Tnd Ry and Lt 5s no ... Ind Service Corn 5s ....... 93 ... Ind Union Trae 5s 2 ... Indpls Col ft So 6s 98 101 Indpls Gas Cos 5s . 99 09% Indpls I.t and Ht 3s 101% 102% Indpls ft Martinsville os .... 60 • • j ~ Indianapolis Northern os ... 24 20% Indpls ft Northwestern os . . 01 bo ludpis ft S E 5s . . . . 2 8 minis Slielby ft SE os .. . .. ... indpls St Ry 4s 04 0n Indpls Trae ft Term os ... 94% 90 indpls Union Rv os 101 ... Indpls Water Wks Sec Cos. . . 97 ... Indpls Water 5%s 104% Indpis Water 4%s 94 % 94% nterstate Publie Service 6s. 100% 103 Interstate Pub SBs 6%5. .103% ... T H I ft E 5t 75 T H T and Lt 5s 93 Un Trae of Indiana 6s 21 23% —Hank Stocks—> Aetna Trust and Sav Cos. .. .114 Bankers Trust Cos 130 .... City Trust (M ............140 ... Continental National 114 ... Farmers Trust Cos 237 ... Fidelity Trust Cos 154 Fletcher American ....... .189 Fletcher Sav no Trust Cos 250 Indiana National Bank ...207% 272 Indiana Trust Cos 228 250 Livestock Ex Bank ......160 170 Marion County State Bank. 165 ... Merchants Na) Harm 320 Peoples Ita'e Bank .. .246 Seonritv Trust 250 State Savings and Trust .... 97 Union Tr i.->t Company ....400 430 Wash Bank ino Trust Cos 156 —Liberty Bonds—--Ist 3%s 100.40 100 50 Ist 4% 8 100.40 102.50 2d 4Vi s 100 50 100.60 3d 4% s / 101.10 101.10 4th 4% s .. . 102.80 103 00 U STr 4% 9 108.80 108.90 U S Tr 4s 104.80 104.00 U STr 4%s 102.00 102.10 SHIPPERS FORECAST West, north and northeast, 15 to 25 cegrees; south and east, 20 to 28.

HIGH LEVEL VALUES FOR CONTRACTS Engineering Construction for Past Week Over 56 Million. Bu Times Special NEW YORK, Nov. 19.—The value of contracts lot in the United States on engineering construction continues sufficiently high to maintain a substantial lead over last year. The total for the past week was $56,078,000, which compares with $43,850,000 in the corresponding week a year ago, Engineering NewsRecord reports. The value of con tracts let from Jan. 1 to date totaled $2,593,843,000, as against $2,273,130,00 in the same time last year. In the total for the year to date $1,612,362,000 went into private projects, and $981,481,000 into public works, including road improvements. Price changes in the market, taken as a whole, was slightly downward. Lumber and materials other than brick and steel, were mainly responsible for the weakness In the general list. Steel and brick held firmly to levels maintained throughout the last month. June is the only month so far this year in which steel has shown any marked tendency toward price softening. Lumber, on trie other hand, since February. This is accounted for, in part, by the fact that construction other than residential is from 11 to 14 per cent ahead of the corresponding period In 1925, while residential building shows a deficit.

KIN OF MINISTER. IN WITNESS ROLE (Continued From Page 1) tifled three cards bearing a series of photographs of bullets, allegedly those that were found in the body of Mrs. Mills. Counsel for defense objected because the photographs were taken by Goddard’s late partner, a "Mr. Waite.” "Well, we” can prove a detective gave the bullets to Waite,” said Simpson. 75 Escape as Gas Wrecks Apartments Bu United Press CLEVELAND, Ohio, Nov. 19. Tossing manhole covers through the air like poker chips and shattering doors and windows, three gas explosions wrecked an exclusive East Side apartment house early today and seventy-five people narrowly escaped death. Sewer gas was blamed by officials who placed the damage at $7,000. An all steel elevator shaft in the four-story building was completely wrecked. A flying manhole narrowly missed a man walking on the other side of the street. Another lodged in a tree top. The explosion shook the district for several blocks around. Champ Piano Player Smokes Many ‘Fags’ “Just plain will power—that keeps me up,” says J. NT. VVaterbury, 61, who has been playing a piano continuously since 10 a. m. Thursday morning at the McGlnty Oakland Sales Company, 111 Kentucky Ave. Waterbury, who holds the world’s continuous playing record of sixtysix hours, is trying to beat his own record. “I’m going to make it sev-enty-two hours,” he said. Waterbury is given food and drink by his young wife. When he gets drowsy, a lively band record Is put on a photograph to keep him alert. “Persons pass here at all hours of the night. There’s always someone looking in at me. No, I don’t use dope or stimulants,” he said. “But I do smoke clgarets, and plenty of ’em.” Births Boys Isaac and Esther Cohen. 1142 8. Capitol. Joseph and Verna Gwinn. 2523 Belleion taine. Darrell and Bonita Eikenberry. 1407 N Kins. Anthony and Ruth Harris, 309 S. Leeds Herbert and Rose Taylor, citv hospital. Horace ami Mav Kernodle. city hospital. Charles and Mary Grizle. city hospital. James and Willa Vorhis. city hospital. John and Freda Sheeliam. eilv hospital. Charles and Gladys Colton, ctt.v hospital Girts Frederick and Agatha Adams. 2526 Adams. Haris and Elizabeth Dougherty. 645 N. Luett. Clarence and Violet Fortney. 4217 E Sixteenth. Henry and Winnie Mitchell, city hospital Le Roy and Loraine Wilson, city hospital. Haskell and Florence Kirk, city hospital. Ben and Dora Decker, city hospital. Orlie and Dora Helderfleld. city hospital. Owen and Catherine Phelps, city hospital. Ell and Henrietta Caldwell city hospital. Twins Richard and Eva Tunstile. city hospital, boys. Deaths Ida May Hodges. 43. 226 Minkner, mitral insufficiency. Alice Davis Forkner. 70. 34 W Thirtieth. mitral stenosis. Charles Elkins. 24. Methodht Hospital, brain tumor. Harvey C. Cline. 70. city hospital, chronic myocarditis. William L. Wilder. 17. 138 W. Twentieth. mitral insufficiency. Ida Dunn. 65. city hospital, carcinoma. Jacob E. Burk. 60. 008 N. Rural, acute dilatation of heart. Cora Barlow Mathews. 37, city hospital, diphtheria. Laura Stevenson Diddock, 58, 0002 E. Washington, carcinoma. _ , Ellen Edwards. 74. 1012 Sheldon, sarC °Naomi Opal Hook. 28. 318 S. Temple, chronic myocarditis. Shims Roell 75, 520 E. Vermont, teriosclerosiGuy R. Reitzel. 40, Methodist Hospital, scarlet fever Edward C. Sipe. 41. Central Indiana Hospital, general paralysis. Mittie lones. 35. city hospital, pcritonitin. Mary A. Smitli 8.3. 812 Bates, arteriosclerosis. COW WRECKS ALTO Bii Times Special SHELBYVILLE, Ind., Nov. I!* When their jiuto struck a cow and upset, Kenneth Clark, Lloyd Allen, Miss Irene Larkie, Miss Merle Keith, and Misses Marie and Frances Allen, all of Boggstown were injured. The cow was killed.

PAGE 35

ALLEGED AVIATION BOOTLEGGER REED Henry Ford Approves Arrest of Guest at His Port. Bit United Press DETROIT, Mich., Nov. 19.—At the personal request of Henry Ford a sweeping investigation was opened here today into an alleged aerial rum-running ring, believed to have used his airport at Dearborn as a stopping off place between Canada and Interior States. The investigation was prompted by seizuro of a liquor-laden plane at the airport early today and arrest of P. W. Redrick, alleged pilot, on .a charge of illegal possession and transportation. The seized plane bore the mark “Lunkin Airport, Cincinnati.” Without detaining the pilot, attaches of the airport holtsed the plane for the night and then searched its interior, finding, they said, approximately twelve cases of whisky. At 7 a.m. Rodrick appeared. When he walked to the seized plane was placed under arrest. EMPLOYED BY “MURPHY’* Airport Manager Says Flier Carried Mystery Cargo. Bu United Press CINCINNATI, 0., Nov. 19.—High.v Embry, concessionaire at Luncken Alipftrt here, said today P. W. Roderick, airplane pilot arrested in Detroit as a rum running suspect, made regular trips from Cincinnati to Detroit. Rodericy carries a “mystery cargo,” Embry said, for a man named Murphy.” Little is known of Roderick here, Embry said.

NEW ATTACK ON ‘GOODRICH POOL’ Baltzell Hears Plea for Injunction. Federal Judge Robert C. Baltzell today heard a petition for an injunction to enjoin a number of former Governor Warren T. McCray’s general creditors from attacking certain properties turned over to the "Goodrich pool” shortly before McCray declared bankruptcy. James P. Goodrich, also a former Governor, and a number of McCray's friends, loaned McCray $350,000 in return for his best assets. Attorneys for the "Goodrich pool” said that general creditors have filed a suit in Newton County Circuit Court in another attempt to make the propert ypart assets lo go to the creditors. Judge originally decreed that McCray's trustee in bankruptcy had no inter est in the property. McCray is serving a ten year sentence, received two and one-half years ago, in the Federal penitentiary at Atlanta, for using the moils to defrand. BOARD ASKS $232,653 Slide Health Body Files Request With Budget Committee. Appropriations totaling $232,653 were asked today by the State hoard of health in a quest filed with the State budget committee for the biennial fiscal period beginning Oct. 1, 1927. The principal Item in the request, besides running expenses, is an appropriation of $25,000 for Infant and maternity welfare, previously met by the government. To meet expenses of removing the health department to the new Statehouse annex $7,252 is asked. Dr. William F. King, secretary of the board, asked authority to institute a sliding pay scale in the department. A minimum salary of $5,000 and a maximum of $6,00 is provided for himself in the request. MOTHER GETS PAROLE Has Tuberculosis and Must Support Children, Jackson Finds. Governor Jackson today granted a parole to Mrs. Jennie Carroll of New Albany, an inmate at the Indiana Woman’s Prison, when Informed that she Is suffering from tuberculosis and has four children to support. Mrs. Carroll, treid July 31, 1926, In the Floyd Circuit Court, was found guilty of liquor law violation and sentenced seventy-six days. The sentence was suspended. On Nov. 10 she was found guilty of possessing liquor, when tried in the New Albany city court, and the former sentence was invoked. Jackson granted a three-day parole to Onus Byers, a one to fourteenyear prisoner at the State Reformatory, to attend his father’s funeral. BANDITS TAKE $3,500 Twenty Persons Witness Robbery in Dps Moines Post office. Bu United Press DES MOINES, la., Nov. 19.—As a score of persons stood by, three bandits today seized $3,500 in currency from Lewis Steffanie, messenger for the Des Moines National Bank, In a corridor of the central postoffice here, and escaped. The money was consigned to the Tilonka Savings Bank, Titonka, la. No marines were In the postoffice building when the robbers snatched the pouch containing the money. LAND AUCTION IS SET State to Sell Forty-Three Acres of Lake County Property. Approximately forty-three acres of meandered land in Lake County, near Hammond, will be auctioned by the State on Dec. 22, it was announced today by State Land Clerk Ed Spray. The land consists of six tracts along the Little Calumet River, appraised at $2,329 45. Another land sale will bo held in January, Spray announced.