Indianapolis Times, Volume 38, Number 195, Indianapolis, Marion County, 20 November 1926 — Page 11

NOV. 20, 1926

HOG MARKET DROFS 15 CENTS AS WEEK ENDS

IRREGULARITY OF STOCKS FEATURE IN FINAL DEALS

Baldwin Makes Spectacular t Gain Several Slump.

Average Stock Prices

Average of twenty Industrial stocks for Friday was 153.86. off 1.(55. Average of twenty rails. 117.43. off 1.08. Average of forty bonds. 05.82. up .0(5. />'// United Press NEW YORK, Nov. 20. —The Wall Street Journal's Financial Review today says: Stocks made a vigorous response today to the comfortable money situation and full employment of labor throughout the country. These two factors hold forth the promise of unprecedented holiday trade, and this prospect, vas reflected in the strong tone in representative stocks, especially those issues whose earnings appeared to be on the upgrade. which received the lion’s Bare of the heavy equipment orWers that poured into the market during the first half of November, scored a sensational advance on the announcement that the company had booked additional contracts for sev-enty-five locomotives for the Pennsylvania Railroad. Attention called by Bradstreet and Dun’s to increasing production in the textile industry caused brisk demand for the American Woolen issues while stiffening prices of the raw product were mirrored in a buoyant tone in Sugar shares. On the other hand. General Motors and other automobile shares, which are feeling seasonal curtailment, Were backward,and Steel common also showed the effects of the belief in trading circles that operations areon a downward trend.

Banks and Exchanges

—Nov. 20— LOCAL CLEARINGS Indianapolis bank clearings for the week amounted to 523.003.000. Clearings for today. 53.492.000. . , . Debits for the wpelc amounted to $46,805,000. Debits for today, $0,183,000.

Wall Street Items

American Pete Institute estimates California crude oil production in October increased 8,310,000 barrels daily over September, averaging 611,000 daily. Duns estimates business failure this week at 457 vs. 423 •week ago and 438 a year ago. Opators in Seminole (Okla.) oil field meet Monday to discuss extension of pro-rating agreement, which expires Nov. 25, agreement may not be renewed. J. P. Morgan & Cos. expected to offer $20,000,000 city of Yokohama Tuesday or Wednesday: City of Antwerp $15,000,000 loan expected to be offered soon. Santa Cecilia Sugar Company in year ending July 31 net loss 211,000 vs net loss 354,000 preceding year. British miners delegates conferenc authorizes local mine district organization to negotiate with owners for best terms available. Hudson Motors directors meet for dividend at 11 a. m. Bradstreets says cooler weather in past week helped retail trade and industry generally. Southern cotton mills are reported on full time, while steel trade shows slightly further recession in sales and production. Duns’ notes an Increased irregularity in reports from principal trades, but what contraction has occurred has been orderly: does nto expect material price reductions. President Coolidge says be and Secretary Mellon are in accord in tax reduction plan; opposes repeal of auto tax at present. Suit filed in Akron by nine stockholders of Goodyear Tire and Rubber to recover more than $15,000,000 alleged to have been wrongfully removed from assets of company. New York Central—Buying weak places now and further two-point dips should pay traders and certainly investors in this splendid rail. American Locomotive —Failed to sell yesterday as low as day before seems to have turned in the KHarket. Continue very bullish for Wie pull. American Can and Corn Products —Seem worth buying on half point dips for good turns. Carbide —Remain very bullish for the long pull and rather expect a decided advance in near future to over par. Stewart Warner —Understand Chicago buying is most impressive. Still selling on about 9 per cent return basis and think a bargain even yet. Baldwin —All profits may be protected again and taken in event of any runaway advance. Shorts in very bad here. PULLMAN CO—May add to holding on further weakness here and would not be scared out of this stock which eventually should do the equivalent of 225. Grain Opinions: Bartlett Fraz— We do not share in the general bearishness prevalent in the trade, particularly after such a drastic break. Jackson Bros.—The market has a weak tone and looks lower. Clement Curtis—Weather in Argentine was better and was a big factor in the wheal market. Stein Alstrin—Under present conditions prices will probably work still lower. Liverpool cotton closed unchanged to 2 cents lower. Stocks are getting rather bearish again. The only good thing about It enough is that a good many of the Hillers haven't any stocks of their mwn and are selling other people’s stocks. I think the short interest was very largely expanded in the last two sessions. The market is to day just as it has been for some time —a big professional battle; one faction ha control for a while and then the other. I wouldn’t be at al'. surprised to see a demand from the shorts before this short session is over.

New York Stocks (II) fboinson & McKinnon) ,

—Nov. 20— Railroads— Prcv. High. Low. Close. close. Atchison ..154 153% 164 153 Atl Cst L. .20714 207 207(4 208 1-5 & O ... 3 03% 103(4 103% 103% Canad Pac 163% ... 1(53(4 163% C& O ... 1(54% 163% 1(54 103% C & NW . . 79 78 % 79 78 % C R 1 & P. 08% 07% 08% (57 Del & Hud 170% Del & Lack . . ... ... 14(5 Erie 38% 38% 38% 38% Erie Ist pfd 4(5% 45% 40% 4(5 Gt North pi 79 79 79 79 Lehigh Val .. ... ... 89% K C Southn 41 % ... 41 % 41 % Mo Pac pfd 90% 89% 90% 80% NY Cent.. 13(5 135% 135% 135 NY NH & H 41% 41% 41% 41 (4 North Pac. 78% 78% 78% 78% Nor & Wn 103% 103% 1(53% 103% Pere Marq 109% ... 109% 109 Pennsy .. . 50 % 56 5(5 % 5(5 % Reading ... 80 % ... 8(5 % 8(5 % S Railway 118 ... 118 118 So Pacific 107 100% 100% 100% St Taul ... 11% 11% 11 % 11 St Paul nfd 22 20% 22 20% St I, & SW (51 % St L & S F 98% 98 98% 97% Union Pac 102% 101% 102% 102% Wabash ... 39 % 39 % 39 % 39 % Wabash pid 74 73% 74 74 Rubbers— Fisk Rubber 16% 16% 16% Goodrich R. 46% 44% 45 47 Goodyr pfd. . . ... ... 101 Kelly Spgfld 9% ...I 9% 9(4 U S Rubber 58% 57% 57% 58 Equipments— A C and F 100% ... 100% 100% Am Stl Fdy .. ... ... 43% Amor Loco 109% 108% 109% 108 Bald Loco 148% 140% 146% 141 Gen Elec... 84% 83% 84% 83% Pr Stl Car 41 Pullman ..182% 181 182% 181 N Y Airbrk 40 % ... 40 % 40 % Wcsth Abk 129% ... 129% 129 Westh Elec 08% ... 68% 68 Steels— Bethlehem. 44% 44 44(4 44% Colorado F .. . ... .• • 40% Crucible ..76 ... 78 76 G. States , 55% PR C & 142 % ... 42 % 42 Rep I & S. 55 ... 54 .Go% Sloss-Sbeff 121% ... 121% 127% U S Steel 145% 143% 144% 144% Vanadium. ... ... ... 41% Motors— Am Bosch. 16% ... 16% 16% Chandler M 24 ... 24 24 Gen Mot.. 1.39(4 137% 137% 138% Mack Mot. 9(5% 93% 95% 93% Chrysler .. 35% 35 35% 35% Huson ... 45% 44 44% 44 Hupp .... 21 ... 21 20% Studebaker. 49% ... 49% 49 % Nash .... 56 ... 66 65% Stewart W 68% 68 58% 67% Timken ... 80% 79% 80 79% WillvsOv... 20% 20% 20% 20% Yellow Cab 26% 25% 26% ... Minings— Dome M... 9% ... 9% 9% Gt No Ore ... ... ... 19 % lilt Nickel 36% ... 36% 36% Tex G & S 49 48% 49 48% Coppers— Am Smelt 133% 132% 133% 137% Anaconda.. 48 47% 48 48% Inspiration. 26% ... 26% 27% Kenneeott.. 63 62 % 62 % 62 % U S Smelt 35 % ... 35 % 35 % Oils— Calif Pete.. 30% . 30% 30% 30% Houstoi ... ... 65 tndp Oil . . 28 27 % 28 2i % Marl and Oil 54% 53% 53% 53% Md Ct Pet 30 % 30 30 % P-A Pet .. 64. ... 64 P-A Pet B. 63 02% 62% 62% Pacific Oil 1% ... 1% 1% Phillips Pet 61 50% 61 50% Union Oil.. 53 ... 52% 52% Pure Oil ..26 ... 26 25% Royal Dutc 48% ••• 48 48% Shell 30 29% 30 29% Sirelair ... 17% ... 17% 17 % Skelly .. . 32 % ... % 32 % 32 % Std Oil Cal 58 % ... 58 58 % Std Oil NJ 40 39% 39% 39% Texas Com. 6s % 54 54 % 54 % Trans Pet. . 4 3 % 4 4 % Industrials— Ady Rumely .. ... ... 13 Allis Chaim 87 Aided Chm 132% 131% 132% 132 Armour A. 14% 14% 1414 % Am Can ... 51 % 60 % 51 % 50 % A H & L . 8% 8 8% 7% A H & L p 44% 41% 44% 4 I % Am Salt Rz 63 % ... 63 % 63 Cent Loath . . ... ... 7 % Coca Cola 363 162 162% 162% Cout Can .73 ... 73 72 % Certd Prod .. ... ... 42 Davison C. 26% ... 26% 2(5% Dupont. .. .166% 164% 164 164% Fm Player 116% 115% 116% 115% Gen Asphalt 75% 74% 74% 74% Int Cm Eng 39% 39 39% 38% Int Paper. 66 ... 56 56 % lilt Harv .131% 131 131% 130% May Stores 137% ... 137% 137 "ri Mont Ward 64% 63% 64% 64% Owen Bottle 81% ... 81 % 81% Radio ... 61 66% 60% 60 Rem Type. 104% ... 104% 104% Scars Roeb. 52% oils 52% 51% United Dg 163% 163 USC I P 209 % ... 209 207 U S In Al.. 77% 76% 77% 7(5% Woolworth 192 189% 192 187 Utilities— Am T & T 148% 148 148% 148 A Express ... ... 125% 125% Am W Wk 50 % Brkln M 68 68% Col G & El 86% 86 86% 86% Cons Gas. 109 108 108% 108 Interboro. ... . . 49 48% No Am Cos 49% 48% 48% 49% Peoples G. 124 123% 124 123% Phila Cos.. 71% 77% 81% 77 S Gas & El 54% 54 54% 53% Wes Union ... ... ..... 143 % Shipping— * Am In Cor ... ... 39 39 Am S & C 5% ... 5% 6 Atlantic G 35% I M M pfd 33% 33 United Frt 119 118 119 117% Foods— Am Spear. 83% 81% 83% 81 % Am B Sug ... ... ... 24 % Austin N, 8% 8% 8% ... Bperil N P 59% 57% Calif i'ktr.. (59 68% (59 68% Corn Prod. 48% 48% 48% 48% Cuba C nfd 45% 45 45% 44%, Cuba A Sug 28 27 27% 27%

Commission Row

PRICES TO RETAILERS EEC ITS Apples—Fancy Grimes Golden bbl $4.5t>05. Jonathan, bbl.. $5.25: Delicious. 10-lb.. S3: Wolf River 40-lb basket $1.30. . Dates—Minoret 30 pack, to box. $4.50: Dromedory 36 pack to box $6.75: bulk dates. 11c lb. Figs—l3 pack, to box. $1.15: 60 pack to box. No. 8 $3: 24 pack, to box. fancy $3: 12 pack to box. black. $1.75: imported Tayer. 10-lb. box. $1.00®2 10. Cantaloupes—Honevdew melons crate $3.00 Honey—24-cake crate $4.50@6 Casabas—Per crate. $3.50. Ci conuts —Fancy iamaicas sack of 100 $5.75. Grapefruit—Extra fancy. $5: Florida Cranberries—Fancy hlack* bait barrels s4‘-'6. Kumquats—Florida. 25030 c qt. Lemous—California, box. $2 50414.50 Limes—Florida 10(1 s2.*o. Note—lndiana chestnuts lb 15023' shellbark hickorynuts lb.. 2 03c: blck walnuts. 303 He lb.: English walnuts 30 0 38c. Oranges—California crt.. $6 0 7.50. Pears—Oregon $6 box: Oregon D’Angos. $5 box. Persimmons 75c ®sl. Grapes—Emperor, crate. $1.7502.10: extra fancy kegs. $4 04.25: New York Concordß. 16-lb basket. 65c. Pomegranates—Calilornia 52.50 no box Tangerine—Florida. $5.50 per Vs box Tohedos —California. $2 per crate. VEGETABLES Artichokes California $1.2501 r>o dozen. Asparagus—s 6 crate. Beans—Fancy. Louisiana, green. $1.50 01.75 hamper: wax. $1.50 0 2 hamper: stringleßS. $2.50 0 3 hamper. Brussel Sprouts—Fancv California /.v pound Cabbage—Holland seed 2c lb.: red cabbage. 5c lb. Celery Cabbage—H. G.. $1.25 dozen. Cauliflower—Colorado crt. $1.75 0 2 Celery—Michigan squares. $1.50 box: Michigan rough $3.25 03.60 per twothird crate: Michigan jumbo. $1.25 dozen* Cucumbers—Hothouse $2.60 Eggplant—Florida, $7 erate. Garlic—Pound: 10 @l2 He. Kale—H. G.. bu.. 75c. Lettuce—Western Iceberg crt.. $3.50 -04. Mangoes—B G.. bu.. $1.50 0 2.. Mushrooms—Pennsylvania. $2 for 3-Jb Onions—H O* vellow 100 lbs $1.75 Utah Valencias. 105-lb bag $3- Spanish crt.. SI.OO- green doz. 40c Oyster Plant—H. G. 45c doz. Peas—California $6 per hamper. Parsley—H G doz nuneneg oOc Root Vegetables Turnips, bu.. 85c: parsnips bu.. $1 50' carrots bu $1 5° Canadian rutabages $2 crate. Sauasn—H. G. white summer bu 76t Potatoes —Michigan round white, sack [email protected]: Minnesota Early Chios 120lb. bag $4 0 4 50. Shallots—Louisiana. 75c per doz. Radisnes—H G long reds 40c- but ton, 75c 01 Sweet ''ota toes—Fancy Virginia hbl $303.25: Indiana Jersey bu., $202.25 Spinach—H. G.. bu.. $101.25 Tomatoes—Six-basket crate $5 06 Cider—l4-gal keg $b Produce Markets Eggs—Strictly fresh delivered at Indian spoils. 50 0 52c. Butte, (wholesale prmesl Creamery best grade a pound. 53053 c. Poultry Fowls. 21 023 c: Leghorns. 14015 c: ducks. 15018 c. Cheese (wholesale buying prices)—Wincousin Daisies. 24 0 25c: Longhorns 24® 27c: Llmburger C7c. Butterfat—Local dealers pay. 50062 c.

Fleisehman 48% 48 48% 48% Jewel ... ... 43 % N Biscuit ... ... 93 % 03 % Punta Ale. 42 ... 41% 40% Postum ... 97 06% Wd Bk (B) 26% 26 26% 26 Tobaccos — ( Am Suma, 40% 39% 40 >4 40 Am Toll.. 119% 119% 119% 119% Am T IB) 118% 119 Con 9 Cigars 80 ... 70% 79% Gen Cigars ... ... ... 53 Liggett ... 99% ... 99% 99% Lorillard ... 33 33% R P Hey.. 121% 121% 121% 130 T P (81. 10K% 107% 108 107 IT Cig Stor 95% 95% 95% 95 Schulte R S 45 GK BEARISH IN EARLY DEALS Corn and Wheat Display Downward Trend. Bii United Press CHICAGO, Nov. 20. Today’s opening on the Chicago Board of Trade marked no halt in wheat’s tumble to lower levels, while corn seemed to be ready to fall in line with the downward trend. July wheat was unchanged, but the other positions were % to %c lower. Liverpool Was sharply off, while Buenos Aires registered a big drop before yesterday’s close. Continued favorable weather news from the Argentine was the underlying cause of the world market break. Corn opened unchanged to Age lower and is on debatable ground. Its rise in the face of a falling market came as the result of bad weather. With large stocks of old grain on hand and the new crop undetermined it may change Its trend today. Traders are marking time in the oats pit. All positions opened unchanged. Provisions opened higher. Chicago Grain Table —Nov. 20— WHEAT— Prev. Open. High. Low. Clos . e'ose. Dec 1.32 % 1.33% 1.32% 1.33% 1.33 Mav 1.36% 1.87% 1.36% 1.37% 137% Julv 130% 1.31 >4 1.30% 1.31% 1.30% CORN— Dec, .71% .71% .70% .70% .71% Mav .80% .80% .79% .79 % .80% Julv .83 .83% .83% .83% .83% OATS— Dec .41% .42 .41% .41% .41% Mav .46% .46 % .46% .46 % .46% July .45% .45% .45% .45% .45% LARD— Nov.l °4O 12.45 32.20 12.27 12.20 RIBS— Nov 12.90 12.90 I RYE— Dec .90% .91% .90% .91 '4 .90% Mav .97 % .98% .97% 98% .97% July 96% .96% .96% .96% .06%

Cash Grain

Saturday’s receipts, 40 cars. Prices ouoted 41 %c f. o. b. basis to New York. Ilaar ou traok Indi inapolis. Bids for grain at the Indianapolis Board of Trade were: Wheat—No 2 red. $1.24® 1.25: No. 2 hard, $1.24® 1.25. ' Corn—-No. 2 white. 61®05c:. No. 3 white. 63® 64c: No. 2 yellow, 65® 66c: No. 3 yellow. 64®65e: No. 2 mixed, 62 ®64e: No. 3 mixed. 61® 63c. Oats—No. 2 white 41 %® 43c: No. 3 white. 38® 49 % e Hay—No. 1 timothy. slß® 18.50: No. 2 timothy. $17.50® 18: No. 1 light clover mixed slB® l 1s,50: No. 1 clover mixed, $17.50® 18; No. 1 eliver hay. sl7® 17.50. —lnspections Wheat—No. 1 red. 1 ou : No 3 red. 1 car: No, 5 red. 1 ear; sample, 2 cars. Total. 5 cars. Corn—No. 3 white, 2 cars: No. 4 white, 1 car: No. 5 wlule. 2 cars; No. 6 white. 1 car; No. 3 yellow-, 4 cars: No. 4 yellow, 1 car: No. 5 yellow, 1 car: No. 6 yellow. 4 ears: sample yellow. 2 cars; No 3 mixed. 2 cars: No. 4 mixed, 2 cars- No. 6 mixed, 2 cars; sample mixed. 1 car. Total 25 cars. Oats—No. 3 white, 2 cars; No. 4 white. 2 cars: sample white. 5 cars. Total. 9 cars. CHICAGO. Nov. 20—Cash grain: Wheat —None. Com—No. 2 yellow-. 75c; No 3. (59® 74: No. 4. 71 % ® 72e: No. 5. 7<l%e; No. (5. 60®r9%c; No. 2 mixed. 74c: No. 3. ” 2%0: No. 6. 68c: No. 3 white. 73%®74e: No. 5 white. 71c. Oats—No. 2 white, 45®47c: No 3. 41 %e: N<v 4. 37 fit il %e: standards. 33® 390,8ar1ey— (52® 70c. Timothy—s4.7s®. 5.25. Clover—s27.6o® 34.50. TOLEDO. Ohio. Nov. 20.—Close: Wheat —No. 2. $1.37® 1.38. Corn-No. 2, 74 %®75 %e. Rye—No. 2. 92c. Oats— No. 2. 48® 49c. Barley—No 2. 65c. Clover—Cash, domestic. $21.60; cash imported. S2O: December. $17.25: February, sl7. Timothy—Cash new. $2.80: December. $2.80; February. $3.95. Alsik*— Cash, sl9: March. $19.25. Butter—49® 53c. Eggs—s 6 @ 58c. Hay—s2B. New York Liberty Bonds —Nov. 23 Prev. C Close. close. 3% s 100.13 100.15 2nd 4s 100.21 100.1!) 3rd 4% s 101.4 101.4 4th 4% s 102.38 102.38 Tr. 4% s 1953 108.38 Tr. 4s 1954 ■. 104.28

Only 6, but Her Title Is Queen

Betty Sou Robinson is only 6—bui she’s a queen, just the same. She won the title at Wichita, lias., her home town, in a contest for juvenile wearers yf the “tom boy” skirt.

THE INDIANAPOLIS TIMES

Highly Irregular During 7Day Period —Today’s Top, sl2. —Hoc Price blunge— Nov Bulk Too Receipts 13 U. 7012.10 12.10 2.500 15. 12 00® 12.33 12.35 4.500 16. 11.65® 11.9(1 11.90 7 500 17. 11.05® 11.90 11.00 (5,000 18. 11.50® 11.75 11.73 4.500 lit. 11.90® 12.20 12.20 4.000 20. 11.73® 12.00 12.00 3.500 Hogs in the final trading session of the week at the Indianapolis Livestock Exchange were largely 15 cents lower than Friday’s general market. Practically no demand was about the only reason for the decline, as receipts were light and a rise in values at the Chicago mart prevailed today. Receipts were estimated at 3,500, with 197 holdover hogs that were added to the total fresh offering. Top price today was sl2, while the bull of the sales were made over a spread of $11.75@12. Packing sows were steady to higher at $9.75@11. Hog Price Range Hogs weighing 120-140 pounds were sold at $11.85, which was 15 cents lower than prices at the previous trading session; 140-175 pounds. sl2, 15Tb20 cents lower; 275-300 pounds, $11.75, 15 cents lower, and pounds up, sll @ 11.50, 15@25 cents lower. The porker mart has been extremely irregular this week, and the Monday’s prices for bulk sales, shows a steady to 10-cent lower basis, with top price showing a decline of only 10 cents. Sharp breaks occurred during the week, bulk sales dropping as low as $11.50@ 11.75 on Thursday, only to come back strong Friday with a rise of 40 to 45 cents High time for the week was Tuesday when bulk values were sl2@> 12.35. The cattle market was steady, although the run was estimated at only 200 bovines and was quiet with little trading. Beef steers were sold at [email protected]; bulk stocker and feeder steers, [email protected]; beef cows, $4.75@6: low cutters and cutter cows, [email protected]. Compared with a week ago, good and choice lightweights and yearling steers are about steady; no dependable outlet ' for others. Some medium weights and heavies are off 50(?r73 cents for the week; top yearlings, sl2; bulk, s9@ll. Medium weights and heavies largely $8.50(H) $9.50, plain killers on down to $7. Beef cows are 25(8(50 cents lower, better grades off most, bulk $4.75 @3. Low cutters are little changed at [email protected]. Calves Steady The calf market held steady with a run estimated at 400 vealers. Good and choice vealers were scarce, selling largely at sl3, while a few choice sales were made at $13.50. Heavy calves sold at $6.50(q-9. Hardly enough sheep were on hand to make a market. Fat lambs were steady at $12.50 for top and $11.50# 12.50 for bulk. The bulk of cull lambs brought [email protected]. Buck? continued to sell at s3@s and ewes. s6#7. The run was estimated at 200 ovines. —Hour— Receipts. 3.500; market lower. 120-140 lbs $11.85 140.375 lbs 12.00 375-300 lbs 11.75 300 lbs. up 11.00® 11.75 Packing sows 9.75® 11.00 —Cattle— Receipts. 200; market, steady. Beef steers sß.oo® 10.00 Bulk stocker and feeder steers 6.00® 7.50 Beef sows 4.75® 6.00 Low cutters and cutter cows 3.50® 4.75 _ —Calves— Receipts. 400; market, steady. Vealers $12.50®13.50 Heavy calves 6.50® 0.00 —Sheep— Receipts. 200; market, steady. Bulk fat lambs 11.00® 12.00 Ton tat lambs $13.50 Br’k fat lambs 11 50® 13 50 Bulk cull lambs 5.50® 8.50 Ewes cull lambs 7.00 down Bucks 3.00® 500 Births Roy* Paul and Lucille Benson. St. Vincent's Hospital. Carl ami Velma Parham. ’St. Vincent’s Hospital. Donald and Nellie Mannan. St. Vincent’s Hosnital. Alec and Theresa Rabin. St. Vincent’s Hospital. Arthur and Marguerite Burrell. St. Vincent's Hospital. William and Matenai Geras, St. Vincent s Hospital. Otto and Helen Lay, St. Vincent’s Hosnital. Oris and Evalena Kennedy. St. Vincent's Hospital. Earl and Mary Brown. 1304 Deloss. Leslie and Georgia Shafer, 401 Arbor Ave. Cliaries and Anna Cully. 727 N. Garfle’d Ave. George nad eßatriee Leser. 1406 S. Belmont. John and Mary Skoggs. 1923 English Ave. Luther and Flanner Worland. 2035 N. Talbott Ave. Forrest and Nina Green. 1120 Orange. Mervin and Virginia Sanders. 2001 Rrosdway. Harrv and Nellie Blair. MMhodist Hospital. Earl and Margaret Fieg. 334 N. Elder. Henry and Alma Quick. 815 lowa. James and Ollie Garner. 704 W T . Drake. William and Sallie Cook, 2221 Martindale. Roy and Adelia Wright, 1215 W. New Yo r k. William and Geneva Boltingliouse. Girls John and Katlicryn Klinger. St. Vincent's Hospital. Leo and Alma Stier. St. Vincent’s Hospital. Ralph anc Katherine Day. St. Vincent’s Hospital. Wilbur and Ethel Andrews. St. Vincent's Hospital. Fred and Gladys Metzger. St. Vincent's Hospital. Robert and Mabel Ilumes. St. Vincent's Hospital. William and Marian Law. Methodist Hospital. Franz and Anna Nepnle, Mctliodist Hospital. Roy and Blanche Wiekersham. R. W. Long Hospital. Samuel and Pearl Mansfield. 2205 Sheldon. Archer and Nora Eggers. 2305 Morris. - % Deaths James Arthur Ferguson, 7 months. 2348 Sehoffield, acute ileocolitis. Lena Piekerin. 54. 418 E. North, chronic nephritis. James W. Baker. 3, 325 E. Orange, lobar pneumonia. John Lewis Stevenson. 77. 1745 S. Meridian, interstitial nephritis. James Harrv Brinson. 53. 3204 Wheeler, angina p“etoris. Edward P. Miedema. 39. St. Vincent's Hospital, exoptholraio goitre. Lizzie Hamblen. 1, Methodist Hospital, ehrouic myocarditis. Thomas W. Hart. 73, 1530 Holliday, lobar pneumonia. Martha Alice Crane 57. 2128 Highland PL. acute cardiac dilitatiou. Cain S. Gaddis. 86. 2742 Columbia PL. mi*ral insufficiency. Gertrude Mitchell Lynch, 53. 122 S. Neal, acute coiliocystitis. _ Isabelle Gates Ogle. 39. Mcthodirt Hospital. intestinal hemorrhage. Kate Mauzy Parry. 66, 1608 N. Meridian. septicemia. Elmira Jane Baine, 74, 1103 McClain, cerebral hemorrhage. Lenore E. Kealing. 53. 1424 N. Alabama. peritonitis. FINER HOT DOG VARIETY Researches Disclose More Edible Sausages, Any Size. Bn United Press I NEW YORK. Nov. 20. —More edi ble sausages, any size you prefer, are now possible through the researches of Mellon Institute chemists, who announce the Invention of a synthetic sausage-covering made from cellulose, to replace the old-fashinoed animal casing.

$5,300,000 BOND ISSUE To Finance Erection of 14-9iory Terminal Tower Building. Bn Times Special NEW YORK, Nov. 20.—An Issue of $5,300,000 6 per cent bonds to finance the erection of the Terminal Tower Building—a 708-foot structure over the concourse of the Cleveland Union Terminal —was announced today by banking group consisting of Redmond & Cos., the Tillotson & Wolcott Company and Pea'rson-Taft Company. The bonds will be offered at par to yield 6 cent. The building will consist of fourteen stories, above which will rise a thirty-eight-story tower designed and supervised by Graham, Anderson, Probst & White, architects.

‘CALIFORNIA IDEA’ DECLARED SAVING RURAL AMERICA Counsel for Farmers! Organization Lists Its Advantages. Bu Times Special SAN FRANCISCO, Nov. 19—A social revolution Is on in rural America with the ‘‘California idea” as its inspiration, according to Aaron Shapiro, organizer and counsel for a half-dozen farmers' cooperative marketing associations in the South. “The California idea” is the organization of farmers through commodity groups instead of locality groups for selling purposes. It began here in 1884 In the citrus belt and has grown to include some fifty different crops. “California, not the administration at Washington, is tiie real missionary to the distressed farmers of this nation,” Shapiro said. “It is putting shoes and stockings on the feet of the cotton-growers’ children of Texas. It has taught the dairymen of Minnesota how to make money. It has spread to the tobacco belt. And now it has planted the germ in Canada, where there is being organized the greatest wheat pool in history, soon to embrace all the wheat export nations in the world. Aids 1,200,000. “Today the ‘California idea’ has brought 3.200,000 American farmers into commodity selling cooperatives. It is the only salvation to rural America, staggering as it is under almost unbelievable handicaps and hardships.” Shapiro describes the distress in the cotton belt, from which he has just returned. He said that cotton being non-perishable could easily be pooled under the cooperative selling idea, and chaotic marketing conditions give place to orderly moving of the surplus. Then instead of 1,800,000 cotton families living on SSOO a year and less as at present, they could enjoy greatly improved conditions. He scouted political remedies and showed that wherever they have been tried they have failed to benefit. Must Help Selves. “The only people a-ho can help the farmers are the farmers,” he said. "The greatest thing that can be done to help them is for the Government to move) out of their way and let them organize on commodity lines. California, the greatest laboratory for self-help methods, has worked out the plan. In this I think lies this State’s most important contribution to the country's welfare.” TEAPOT DOME OIL TRIAL Fail and Doheny Will Face Court Next Monday. Bit United Press WASHINGTON, Nov. 20.—Several United States Senators <ind many characters made famous in the Teapot Dome oil sear.dal congressional investigation will V>e among the hundred or more witnesses called in the trial of Albert B. Fall and Edward L. Doheny for conspiracy to defraud the Government, opening here Monday. • Large staffs of attorneys for the Government and for each defendant today announced they were ready to proceed before Justice Adolph m Hoehling in District of Columbia Supreme Court. The issue is whether the SIOO,OOO “little black bag’’ loan made by Doheny, multimillionaire oil man, to Fall when he was Secretary of Interior influenced the Government to lease the 27,000-acre Elks Hill naval reserve to Doheny’s Pan-American Oil companies. The indictment was returned eighteen months ago by a grand jury here, and appeals and attacks on its validity delayed the trial, Fall and Doheny, who pleaded "not guilty” Nov. 10, will appear before the bar Monday and selection of a Jury will start at once.

Friday Grid Scores

COLLEGE Ashland. Ohio. 14: Duqupsne U.. 10. Little Rock. 48: West Tenn. Teachers. *4 Montana. 21: California Aimies. 0. South Dakota 0.. 6: Creighton. 0. St. Mary’s. 16: Frcgno State College. 0 HIGH SCHOOL Shortrirge. 12: Technical. 0. _ Muneie. 17: Morton (Richmondl. 0. Goshen. 0: Warsaw. 0 HUDSON AUTO DIVIDEND Motor Company Declares Quarterly 87}4-Cent Disbursement. DETROIT, Mich., Nov. 20.—DIrec tors of the Hudson Motor Car Company today declared the regular quarterly dividend, payable Jan. 3, to stock of record Dec. 15. The tails of sea snakes are flattened to obtain a better grip otx the water.

ALIBI OFFERED IN MURDER DEFENSE (Continued From Page 1) after it occurred; Dickinan; Ira Nixon, “Greasy Vest” Garvin, a detective; Mrs. Marie Demarest and Mrs. Jane Gibson. The statement listed some of these witnesses under various uncomplimentary classifications such as “notorious liar.” An auto load of maps, books, and exhibits had been brought to the courthouse by the defense laywers before court opened, many of these being ranged on the counsel table. Many of Stevens’ friends from his home town of Lavallette, N. J., were in the courtroom. A map of the Phillips farm on De Russey’s lane, where the Rev. Dr. Edward Wheeler Hall and Mrs. Eleanor Mills were found murdered four years ago, was tacked on the courtroom wall. Then Stevens was called to testifv. He passed slowly before the judge's bench. Then, raising his hand, he swore he would tell the truth. The witness wore a dark suit of conservative cut. “How old are you?” asked Case. “I nni 57. This is my birthday today,” Stevens liegan. He said he had lived in Lavallette, N. J., since 1915. His home had been in New Brunswick until 1900, he added. Tie was married In 1901 and then lived in Roselle Park. Speaks Distinctly Stevens spoke in a low voice, but was distinct. “What has been your business, Mr. Stevens?” asked Case. “I retired In 3920. Previous to that time I was in Atlantic City teaching people trapshooting.” Before that he was a salesman for munitions concerns. “Now. in your work with the Remington Arms Company, did you learn anything about pistols and rovolv- • era?” “Yes, sir, I did.” The crowd stirred at this unlooked for statement. But Stevens went on: “You see, our firm made cartridges for all kinds of guns, and I had to be familiar with the goods I was selling.” “Did you visit New Brunswick frequently after you moved to Lavallette?” “Several times a year.” “Where did you stay while there?” “I seldom stayed over night, but when I did I stayed at my sister's.” “What 'were your relations with your sister?” “Very pleasant.” “And with Dr. Hall?” “Very pleasant.” “Where were you on the night of Sept. 34, 1922?” “In Lavallette.” Begins Alibi The audience leaned forward to hear the alibi. “What did you do that day?” went on Case. “I was downtown in Lavalette all day'. I remember driving down in the afternoon to see an old friend.” Stevens said he was just doing "ordinary things.” He walked down to the water, 1,200 feet from his house, and tended to his boats. Case then reverted to the events of the day and night of the murder. On that day the witness’ wife was in New York, he said. The witness said he had called at a Point Pleasant cigar store and fishing tackle Hhop. “I always went in and looked over the tackle whether I bought anything or not,” he explained. Stevens then drove to the inland town of Osborne and got some laundry. He returned to Lavallette and went fishing. That night he had dinner at the Eagers (neighbors), and told them of a blue-fish he had caught. He went to bed early and awoke about 6:30 or 7 o'clock, getting his own breakfast he said. He fished a little while and went over to the Eagers for the noon meal. A telegram was received that morning from his wife telling him to telephone a New York number if he were going to meet her soon. Message of Death In the afternoon there came an other telegram, received while he was fishing. The telegram said: “Edward Hall has been killed. Come at once.” The message was signed by E. R. Carpender, a cousin. “I gathered up my tackle, ran and looked up train schedules. I got a train at about 4:25 o'clock.” Stevens said he bought a paper at Monmouth Junction and learned for the first time of the murder. He reached New Brunswick at 6:30 or later and had supper at the Carnenders. Then he went over and saw his sister. On Sunday he stayed with the Carpenders. His wife came from New York and both saw Mrs. Hall “off and on” all day., “Did Mrs. Hall have a scratch on her face?” asked Case. State’s witnesses had testified that there was such a mark shortly after the murder. “Not that I saw,” said Stevens. Building Permits SBO0 rdpUa Madlx - “ dditlon - 618 Blake. SIOOO R ' Zriple repair - H 7 E- Fortieth Grinslade Construction Company, dwelline and saraire. 624 E. Sixtieth. $-‘.OOO. Grins!ado Construction Company, dwelling and garage. 6007 Broadway. $2,000. Fred Davee dwelliug and garage. 320 Christian. $3,000. American Construction Company, repairs. 1201 E. Georgia. SSOO. F. J. Gore, dwelling. 5307 Parle SY9OO. Porter Brooks, garage. 2224 W. Washington. $325. „ R; H. Shelhorn & Cos., dwelling. 1523 Burdsal. $6,000. R- H. Shelhorn k Cos., dwelling and garage. 5815 Guilford $6 000. A. Jose boiler. 5524 N. Delaware. O. A. Jose, boiler. 5520 N. Delaware. $450. . B H. Shelhorn & Cos., dwelling and garage. 5309 Guilford $6,400, R. H. Shelhorn & Cos., shed. 0151 Broadwav 5250. R H. Shelhorn k Cos., dwelling and garage 5303 Guilford. $8,700. S. D. Samnle. dwelling and garage. 3538 Apple. $1,500. . S. D Sample, dwelling and garage. 3940 Hovt. $1 500. S. D. Sample, dwelling and garage. 3539 Orange. $1,500. Sara Gaat. garage. SOI7 15 Hillside. ~ H. P. Wasson k MS W. Washington. S2OO.

Places Defendants at Murder Scene

Ira B. Nelson, the first “surprise" witness put on the stand by Prosecutor Alexander Simpson at the Hall Mills trial in Somerville, N. .1,, declared that Elijah K. Soper, then a fellow worker, had told him, a week afterward, that on the night of the double killing he had seen "Mrs. Hall and her two brothers” in De Bussey's lane. Just previously, Soper had testified that he had been unable to identify the three persons lie met at the scene of the slayings.

11,1 REWARD SPURSHUNTFOR ROBBER OF BANK Detectives Find No Clews to Bandit Who Looted Branch of $1,900. Reward of SI,OOO for the arrest aud conviction of the bandit who Friday robbed the Rural St. branch of tlie Fletcher Savings and Trust Company was posted today by the Marion County Bankers Association. Hunt for the bandits was spurred by the reward. L. A. Wiles, South Side Bank cashier, and association president, said the reward is offered for the conviction of bandits who rob members of the associaiion. No Clews Detectives had no clews to the bandit who at the point of a gun locked up Edward Koenig, 32, of 2030 Mansfield Ave., and two employes, and looted the bank after visiting for several hours. The man, said to have been about 32 to 35 years old, rather small and of dark complexion with blue eyes and nicely dressed, came to the bank early in the day and presented a letter purported to have been signed by Hugh McK. London, vice president of the Fletcher Savings and Trust Company, introducing the bearer to all branch banks of the savings company, as a salesman for the Bankers’ Supply Company of Chicago. Behind Counter He was permitted to come behind the-counter and demonstrate his assortment of check books and anew type of banking record torm. After spending some little time the man, who presented a card bearing the name of George E. Parsons, read the dally newspapers saying he would rest awhile before starting to other banks on the east side. While Koenig and the two clerks, Don MeCaslln, 20, of 807 E. Drive Woodruff PI., and Paul Boardman, 20, of 950 W. Thirty-Fourth St., were working on the bank's books, the man suddenly rushed to Koenig and stuck a gun on him, saying, “I mean business.” Koenig wrestled with the bandit and the gun dropped to the floor. The man then pulled a knife and marched all three of the employes to the washroom, where they were imprisoned. Escapes in Machine After scooping up the money which w’as on the counter and in a drawer the bandit fled from the building, got into a light green coupe and speeded north on Rural St. H. C. Webster, head of a- local private detective agency, was called to make an investigation. lie said he was not worrying much about the robbery and acted as though be would have the man before long. This is the third bank has been held up. SAXOPHONISTS INCREASE Thirty Thousand Now Using Instrument of Syncopation. Bu Times Special FRENCH LICK SPRINGS, Ind., Nov. 20. —Syncopating saxophone players in the United States have multiplied from one in 1906 to 50,000 in 1926—but that's not enough to supply the demand —Bennie Krueger, who startod playing the “sax” after thirteen years of vainly trying to get rich by violin playing and consequently now leads one of Chi cago's foremost movie theater orchestras and takes vacations In autumn as well as summer, said here. “Although Imported to America from France primarily as a jazz instrument, the saxophone Is winning admiration of more lovers of the best music every year. Just this month the Chicago Symphony for the first time, admitted four saxophone artists to its roster. When they finished their first number with the symphony, the audience almost applauded the roof off,” Krueger said. “Soon outstanding saxophone artists will make solo concert tours. "There are too many pianists, violinists and drummers, but not enough saxophonists.” The bagpipe did not originate In t?eotland. It can be traced to an ident Persia, and, by inference, was played In Chaldea. Egypt and ancient Greece.

Local Wagon Wheat

Local grain elevators are paving $1.24 for No. 2 red wheat. Other grades are purchased on their merits.

PAGE 11

‘GAY PAREE’ HAS AWINIR IN THE WIT DE CHIC SALE Fay Bainter Tries Out a New Comedy, ‘‘First Love,” on Broadway. NEW YORK, Nov. 20.— The new Winter Garden revue, “Gay Paree” by title, is now in our midst with hospitable doors ajar for visitor* no less than our own folk. Like the first version under this title, it is spectacular with beauty of form, face and furbishings. It lias names familiar to playgoers in all parts of the country—Chic Sale, for Instance —and others less familiar. It has a chorus of probably forty young girls striving to get along, and they do it ns few ensembles by active, agile, graceful and persistent dancing. It is one of the best dancing groups in town. They dance in every conceivable form. They do enough acrobatics to put them in training for a prize light, and garbed variously they fill the stage with their youth, enthusiasm, grace and ability. There are stars, so-called stars and near stars in “Gay Paree,” but the reAl stars are the girls who fill in the spaces between specialties ami sketches. One needs no more to satisfy than these young misses—they are young —and while we applaud perfunctorily Mr. Sales and his well won specialties which have been seen in most places bearing a nßtne between the two big oceans, ami while Winnie Lightner is a delightful little rowdy, and Alice Boulden a good rotnic, and anew face in Mile. Aubert, from Paris, and the beautiful stage pictures Trammed with the human form and much gold, silver and other furbelows, when it is all said and done we remember the girls, whose names we do not know, but whose skill and charm are a delight. Annual Appearance Fay Bainter made her annual appearam e in our midst in anew comedy from the French of Louis Verneil, “First Love” by title, which has been well adapted by Zoe Akins. Miss Bainter impel donates a little Roumanian girl who lakes up with a nil-e looking young French boy. Together they live In a garret, and starve together pleasnntly. Suddenly the father of (he liny sends an emissary to propose marriage to another girl. A handsome sum will follow the ceremony. The boy, somewhat reluctantly, decides to avail himself of this chance to got money enough to make his little sweetheart happy, so he arranges to go through with the marriage, receive the money and desert the new bride for the old sweotheni t. The girl, however, after her sweetheart has departed, decides upon the heroic alternative of “selling herself” to a presumably old baron who has followed her. She garbs herself becomingly, keeps the rendezvous and learns later that he is the father of her own sweetheart. Os course the old roue realizes her sterling worth, forsakes his own amorous attentions, effects a reconciliation with the boy and there you are! Or, are you? There is rare charm and humor in Miss Balnter’s impersonation. And Bruce Mncßae as the father of the boy, and Geoffrey Kerr ns the boy himself, and George Marion as old servitor of the master give enough to make any play a success. Ano(her Chapter Bookmakers, we are told, never attempt, to manufacture their wares without straw. But playwrights and producers are different. This thought occurred more than once during (he progress of a play called “Old Bill, M. P.,"being a further chapter in tlie life of Bill of “The Better ’Ole.” Charles Coburn is once more the old w'fllrus-faeed war dog, and Charles McNaughton once more is Bert. There are many speeches reminiscent of the old play, done twelve years ago. But ns the story progresses it becomes hollow, tame and unpalatable. It has ail the Ingredients of the old time melodrama, built for effect and without rhyme or reason. Except that it is so well directed by most of the real characters, and so well staged. It would fie impossible to withstand. Old Bill is now in mufti. He lias a little pub and is a coal, miner. There is a strike in the mine., Old Bill is for law and order as, against the bolsheviks. He is wrongly charged with sabotage, and, to prove his innoeenee, with his faithful Bert and Alf returns to the mines to put things right. The mine Is blown up and all escape except the three musketeers. They stick together and are about to pass over to the beyond when rescue is effected. Old Bill then is exonerated, dons his uniform and makes, the race for parliament and, of, course, is elected. A simple, ineffect-, lve and unimpressive little tale, put j together, we should say, In the dark, with the eyes closed and the hands, palsied. But the familiar characters are the same ns before, and If they do not make tho same Impression as before it is not their fault. As was before said, one does not makei brick without straw. And a play needs not only actors, but something' probable for the actors to do. Eva LeGallienne and her Civic Repertory Company are reviving 1 "John Gabriel Borkman” this week 1 . . , Augustin Duncan has produced a play called “Naked,” which should leave nothing to the imagination. Somehow it leaves everything,, however, which Is not good for the play. “Head or Tail” Is another new play. It seems to illustrate the trick of “heads I win and tails you lose.” . . . The efficient feeder and careful manager will make a success of poultry keeping when the poultry keeper is just getting b and the inefficient one is getting ready t<3 go out of business. I