Indianapolis Times, Volume 38, Number 202, Indianapolis, Marion County, 29 November 1926 — Page 13

NOV. 29, 1926

HOG MART BEGINS WEEK 10 CENTS LOWER: CALVES STRONG

.STOCK EXCHANGE TURNS IRREGULAR INEARTHING Seasonal Slackening in Industry Restrains Buying. Bn United Press NEW YORK, Nov. 29.—News from merchandising and industrial lines over the week-end was of a mixed variety. Reports from retail and jobbing centers indicated a strength oning outlook for holiday business of unprecedented proportions. How- - ver, additional curtailment was announced in the steel trade. This evidence of seasonal slackening to the basic industry exercised a restraining influence on buying activities in the stock market today and price movements turned irregular in early dealings. Stocks opened Arm. GRAINS OPEN LOW * ON FOREIGN SAG Wheat Loses Sharply on Bearish News. Bii United Press CHICAGO, Nov. 29—Lower Liverpool and Buenos Aires markets sent all grains down on the opening of the Chicago Board of Trade today. Wheat opened sharply lower, % s o 1 cent off. News continues bearish, with better weather in Argentina bringing a resumption of harvesting and the Australian crop reported as good. With sentiment mixed, corn opened lower in sympathy with wheat, % to % cents below Saturday’s olose. Oats continued sluggish, but fell fractionally with wheat, opening Vi cent lower in all positions. Provisions opened lower. Chicago Grain Table —Nov. 29 WHEAT— p,. P v _ Hiffh. T,o\v. 11:00. etos-> bee 1 son 1.3414 1.38 1.35 m May 1.39 % 1.38% 1.38% 1 .so July 1.32% 1.31% 1.33 1.33 COB,f — nee , 70% .70% .70'A .71% May SOU .70% .79% .SOU July 83% .83% .82% .83% OATS—her 41 .40% .40% .41 m ¥ye_l - •••' ,46 A5% 46 nee. .‘. son .88% .89 .90 'V May 00% .96 .96% .97% LARD— Jan 12.15 13.07 13.15 Mar 12.20 Mer 13.30 12.17 12.25 RIBS— Jan 13.00 13.00 13.10 May 13.25 CHICAGO. Nov. 29.—Carlot receipts: ■Vheat. 11: corn. 09: oats. 23: rye. 2.

Produce Markets

E(t(f* —Strict!* freeb delivered at Indian apohs, 50® 52c. Butte. I wholesale prince) Creamerv best grade a pound. 52®54e. Poultry Fowls. 22® 2.3 c: Leghorns 13 ® 15c: ducks. 10® 17c. Cheese ( wholeaale buying prices!—Wis eonsin Daisies. 24®25c Longhorns 24® 27c: Limburger 27c. Butterfat—Local dealers nay 50®520 How Much Is Babe Ruth Worth? How much is Babe Ruth worth? The New York club will have to answer that question to the Babe’s satisfaction before spring rolls around. Ruth received $52,000 for his services during the season just closed. He is paid in weekly installments of SI,OOO, extending over the entire year. The idea is to keep Ruth in spending money. If the Babe received $2,000 per week during the season, as any other ball player having a $52,000 contract would, he probably would be broke about a week after the season ended. Money was made to be spent—that is the theory the Babe works on, and so far he has successfully carried out his thoughts on frenzied finance. Ruth has let it be known that he intends to ask for $150,000 for 1927. gl'hat seem* to be a lot of money, but Babe holds he is worth every cent of it. During his American League career he has made about ten millions for the club owners. Babe is likely to get the $150,000 if he sticks. ' Jack Dempsey got close to a half million for 30 minutes’ battling with Gene Tunney. That figure makes a mere matter of $150,000 seem not so much for playing 154 ball games. Ruth is a bigger baseball attraction than Dempsey was as a fighter, and he packs ’em in daily. CAPITAL CHURCH BURNS Bu United Press WASHINGTON, Nov. 29—Sunday fires here destroyed a Baptist Church and adjoining school buildings, a storage warehouse, and caused other damage. A 14-year-old boy was arrested suspected of being the lirebug who started a blaze in a threestory house late Saturday night, driving the occupants to the street hastily. DRIVER HITS SIGNAL, FLEES Police are seeking the driver of an auto that struck a traffic signal at Capitol Ave. and St. Clair St. early today and left the scene, deserting the badly damaged auto. k CRIMSON SCORES MOST ~ Os the Big Three, Harvard ran up the largest single game point total during the 1926 campaign. The Crimson Bcored 69 tallies on Tufts. Yale’s best effort in this respect was against Boston University, when the Blue counted 51. Princeton showed its strongest attack in the Swarthmore battle when the Tigers ran up 27 points.

Lynching Witness

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Aii investigation which Governor Thomas G. McLeod, of South Carolina, is conducting into the lynching of three Negro prisoners at Aiken centers upon the statements of Mrs./ Lucy Mooney, of Aiken (above). From the cel! in which she was th en hold as a material witness in a liquor case, she says she saw the j ail stormed and recognized a number of the mob.

New York Stocks (By Thomson & McKinnon)

—Nov. 29 Railroads— Prev. , High. Low. 1 :00. close. Atchison . ,15 >U 154 % 154% 154% Atl Cut L. .208% ..." 308% 209% B& O .... 100% 100% 106% 100% Canad Pac 165% ... 105% 105% C & O ...159% 158 159 157 C & NW .. 79 % 79 79% 79% C R I & P. 70% 09% 69% 70% Del & Hud 173 173 172% 171 Del & Lack 147 ... 145% 146 % Erie 38% 38 38% 38% Eric Ist nfd 45% 46% 45% 45% Gt Nor nfd 89% 80% 80% 80% Lehigh Val 92% ... 92% 92% K C Southn 42% ... 42% 42% L & N 130 M K & T . . 34 ... 34 34 Mo Pac nfd ... ... 90 U NY Cent.. 135% ... 135% 135% NY NH & II 43 % ... 43 % 42 % North Pac. 70% 79% 79% 78% Nor & Wn 104 ... 164 104% Pere Marq. .. ... ... 110 Pen ns v ... 50% ... 56% 55% Reading ... 89 % 89 % 89 % 89 % S Railway 117% ... 117% 117% So Pacific 106% ... 106 105% St Paul ... 9 % ... 9 % 10% St Paul nfd 20% 20 20% 10% St L& S F 102% 103 103% 103% Union Pac 103% 163% 163% 163% Wabash 40 Wabash nfd 74% ... 74 74 Rubbers— Ajax 17 , ... 16% 17 Goodrich .. 43% ... 42% 43% Goodyr pfd 100 ... 100 100 Kelly Spgfld 9% ... 9% 9% U S Rubber 57 % ... 57 % 58 Equipment! l . A C and F 104% 103% 103% 103% Amer Loco 108% 10S 108% 108% Am Stl Fdy 44% ... 44% 44% Bald Loco .160 157 108% 1 ■>9 % Gen Elec.. 86% ... 86 B;i% Lima 62 ... 02 ISA N Y Airbrk 42% ... 42% 42% Pr Stl Car. 44 ... 44 44 Pullman ...19(1 188% 190 188% West Airb .135 ... , 134 135% West Elec 08% Steels— Bethlehem. 48% 40% 48% 46% Colo Fuel . 44 43 43% 4.3% Crucible .. 75% ... 75% 70 Gulf States 58% 58 58U 57% PRC &I . 43% .. . 43% 43% Repub Steel 5.3% ... 55% 56 Sloss-Shef .125% ... 12.>% 126% U S Steel .150% 148% 150 100% Union Alloy 30% ... 30% ... Vanadium .40% ... 40% ... Motors— Am Bosch ... ... • ■ • 10% Chandler . . 2.3% .. . 33% 2.3% Chrysler ... .36 % .35 % 36 % .35 % Cent. Motor 11 % 11 % 11 % 11 % Dodge 24 2.3% 24 •':}% Gabriel . . . . ... ... 31 Gen Motor 142% 139% 141% 140. Hudson ... 47% 40% 4(1% 10% Hunp 20 % ... 20 % 20 % Jordan .. . ... 14 % Commission Row PRICES TO RETAILERS FRUITS Apples—Fancy Grimes Golden bbl $4.50(hi5: Jonathan, bbl.. s4® 5.25: Delictone. 40-lb.. s2’ King David 40-lb basket 51.25. Dates—Minoret 30 naek to box $4.50 Dromcdory 30 naek to box $0.75- bulk dates. 1 lc lb. Figs—l 2 naek. to box $1.15: 60 pack to box. No. 0 $3: 24 Daok to box. fancy $3: 12 pack to box. black, *1.70: Imported Tayer. 10-ib. box $1.00(^2.10. CantalonDes—Honevdew melons crate $3.00. Honey—24-cake crate. *4 50©6 Casabas—Per orate $3.50. Coconut*—Fancy lamaicas sack of 100 *5 75. Frapefruit—Extra fancy. $4.70t55: Florida. $4®4.25. CranncrriMj,— rsno niaeks hail Parrels $4 35 (h 4.50. Kumouats —Florida. 20(3 2.>c at Lemons—California $4 crate. Lime*—Florida 100 $2.00. Nuts -Indiana chestnuts lb 15023shellbark hickorynuts lb., 2®.3c: hi cl: walnuts 3®3%0 lb : English walnuts 3P fa 98c. Oranges—Florida $-3.50®0.&>: California navels. $5.50® 7.75. Pears—Oregon $5.50 box: Oregon D’An $5 box Persimmons 75c®$1. Grapes—Emperor crate. $2.35: extra fancy kegs $4 50. Ponimegrantcs—California. $.3 per box Tangerine—Florida $5.50 per % box • VEUKTAHLKb Artichokes California $1.25®1 ~.i dozen. Beans-—Fancy southern. s3® 5 hamper Brussel Sprouts—Fancy California /.(• pound Cabbage—Holland seed 2c lb.: red cab base. 5c lb Celery Cabbase—H G. $2 dozen Cauliflower —Colorado, crt., $2. Celery—Michigan squares. $1.60 box: Michigan rough $3.2503.50 per twothird crate: Michigan jumbo. *1 25 dozen Cucumbers—Hothouse $2.60 Eggplant—Florida. $7 crate Garlic —Pound 10012*40 Kale—Kentucky sack. 51..50 Lettuce —Western Iceberg ert. $4.50 Mangoes—H G.. bu„ $2. Mushrooms —Pennsylvania $2 for 3-Ib basket. Onions—B UK Utah Valencias 106-lb bag $3: Spanish crt.. $1.90- green doz. 40e Oyster Plant—H. G. 45e doz Peas —California $6 per hamper. Parsley—H G. doz punches oOc Root Vegetables Tumins. bu.. 85c Barsnips. bu.. $1.50: carrots bu. $1 50 anaduio rutabases $2 crate. Sou ash—H. O. white summer, hu 76i PotHl/ies—Michigan round white, sack $4.35® 4 50- Minnesota Earlv Ohio* 120lb. baa. $4.25® 1.50. Shallots —Louisiana 80®85c per doz ton. $1 Radishes—Southern long reds 40c: but 'on. sl. 3w-et °otntoes—Fsney Vtrtnnis hi $3®3.25: Indiana Jersey, bu., $2®2.50 Sninach—H G. bu *1 ®1.20 Tomatoes—Six-basket, crate *6 Cider —I4eal keg $b Local Wagon Wheat | Local grain elevator* are paying $1.20 for No. 3 red wheat. Other grade* are purchased on their merit*.

Mack 100% ... 99% 100% Martin-Pry. 20% .... 20% 21% Moon : 10% Nash 55 % ... 55 % 55 % Packard .. 34% ... 34% 34% Pierce Ac.. 23% 22% 23% 23% Studebaker 53% 52% 53 52 Stew-Warn. 07 % 06% 07 07% Timken .. 80% ... 79% 80% Willvs-Over. 31% 21% 21% 21% White Mot. 57% ... 50% 57 Mining— Am Smelt.. 1.31 % 1 1.3% 1.34 1.33% Anaconda . 47% 47% 47% 47% Cerro 1) P. 0.3% ... 03 H3 Inspiration... ... ... 20 % Int Nickel .38 % 37 38 .37 Kounecott. 02 % 02 % 02 % 02 % Tcy G & S 52% ... 62 51 % U S Smelt 35 ... 34% 35% Oils"Atl Rfg ..104% 103 101 102% Cal Petrol. 30% ... 30% 30% Freeport T. 32 % .31% 32 31 % Houston .. 57 55 % 57 55 Ind 0i1.... 37% 27% 27% 27 Marl and Oil 54% 53% 54% 5.3% Mid C Pet. .30% 30 30% 30 P-Am Pet. 02% ... 02% 01 PA P (Bt 61% 00% 01% 60% Pacific Oil. 1 % ... 1 % 1 % Phillips P.. 54% 53% 54% 63 % Union Oil.. 54 . . 54 52% Pure 0i1... 26% . 26% 26% Royal Dut. 49 ... 40 ... * Shell .... .30% 29% 30 30% Sinclair ... 17% 17% 17% ’7% Skdly ... .34 % 33% 34 % .33% S Oil of Cal 58 ... 57% 58 S O of N J .38% 38 38% .37% Tex Com . . 55 % 54 % 65 % 55 Tr Petrol.. 4 3% 4 4% Industrials— A<l Rumcly 12% ... 12% 12% Allied Cl). 136% 1.35% 136 ... Arm IAI .. 14 % 14% 14 % Atner Can. 52% 51% 52 52% Am H & L 8 % ... 8 % 8 % A H&L nd 49 Am S Raz 61 % ... 61% 62 Ceil Lentil . . ... ... 8 % Coco Cola 169% 108 108% 1.39 Cont Can.. 7.3 ... 7.3 52 % Certain teed ... ... ... 72% Dav- Cliom. 20% . . 20% 27 Dupont . .109% 108 168% 108% Fam Plav 117 116% 117 110 G Asphalt. 86% 8.3% 85% 84% Tn Comb En 4.3% ... 42% 42% Tut Paper ... ... ... 58 Int Ham- 138% ... 137 137% May P St . . 137 Mont Wd.. 05% ... 05% 65% Owen Bot. 8.3 ... 83 ... Radio .... 571 % .... 57 57% Rem Type 105 ... 105 103 Sears-Roe.. .5.3% ... 53% 53% Untd Drug . . ... ... 10.3 U S C I P .221 • 218 218 220 1’ S Ind Ale 80% 70 % 80% * 79% Woohvorth 192% 191% 192% 191 Utilities— A T and T 149% ... 149% 148% Am Wlr Wk 58% Brklyn Mali 73% ... 7.3 % 73% Col G and E 87% 87% 87% 87% Cons Gas .113% 110% 11.3% 110% InteFboro .... ... ... 51 % No Amer Cos 49 ... 48% 49 Peonies Gas . . . . ... 125% St G and E. 56 % 55% 56% 50 Wn Union.... ... ... 145% Shipping— Am Int Cnn 40% ... 39% 39% A 8 and C. . 0% Atl an Gulf. 38% .38% 38% .38% I M M pfd. 38% ... 37% 38% Untd Fruit 124 122 122 124% Foods— Am Sugar.. .35% ... 85% 85% Am Bt Sug. 27 26% 27 26% Calif Pack 0 Corn Prod. . 49 % 48 % 49 49 % Cuba Cn pfd 47% Cuba Am Su 27% ... 27% 27% Fleisehmann 49% ... 49% 49 Jewel Tea.. 45% ... 45 45% Nat Biscuit 99 % ... 98% 98 Punta Aleg .. ... . . 44% Postum . .100% ... 99% 99% Ward Bak B 31 30% 31 31% Tobacco*— Am Sumatra 41 % 41 41% 41% Amer Tob .119% ... 119% 119% Am Tob B 119 ... 118% 113% Cons Cigars 85 ... 84 84% Lorillard ..29 ... 29 30% R J Rynlds 118% ... 117 119% Tub Pro B 108 ... 108 108% U C Stores 85% Schulte R S 45 ... 44% 46

Seventh Husband Proved Unlucky

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Seven proved an unlucky number in the marital career of Mrs. Georgia Brown of Girard, Kan. She has just been convicted of second degree murder in connection with the death of her seventh husband, Sid Brown, and lias been sentenced to twentytwo years in the penitentiary. Her fifth husband, Fred Morton, was shot to death in 1921 in a scuffle with her, but a jury .acquitted her on the grounds of seCf-defense.

THE INDIANAPOLIS TIMES

Receipts Are Estimated at 5,000 Porkers —Top, $12.15. —Hog Price Range— Nov. Bulk Top. Receipts 20. 11 75® 12 00 12.00 .3 500 22. 11.75 ® 12.00 12 00 5.000 23. 11.75® 12 00 12.00 5.000 24. 12.00 12 00 4.000 26 12.15 12 15 5.000 27. 12,25 12.25 3.1100 20. 12.A5 21.15 5.500 The hog market at the Indianapolis Livestock Exchange began the' week 10 cents lower. A light demand, together with a bearish situation in other marketing centers, was responsible for the slight trend. The run was estimated at 5,000, with thirty holdover hogs that were abided to the total fresh offering. Top price was $12.15, with the hulk also selling at this figure. Packing sows were quotable at $9.75@11. iiog Price Range Hogs weighing 120-300 pounds sold at $12.15, while those weighing 300 pounds up brought [email protected]. The cattle market, with receipts estimated at 700 bovines, was steady. Beef steers sold at $8.50® 11; bulk stock and feeder steers, $6.50®7.75; beef cows, $4.75®C.50. and low cutters and cutter cotvs, [email protected]. Calves Strong The calf market was strong to 50 cents higher. Receipts were estimated St 500 vealers. Good to choice vealers were largely $14.50@15. Heavy calves brought $6.50®9. Values were steady in the sheep and lamb department, with a run estimated at 300 ovines. Top fat lambs sold at sl3, bulk sll@l3. Bulk of the cull lambs were sold at $5.50 @8 50; ewes, $7 down and bucks, s3@s. —non* — Receipts, 5.500; market, lower. 120-1.30 lbs $12.1.% .300 lbs. up [email protected] —Cattle— Receipts 700: market, steady Beef steers $0.75® 10.00 Bulk stoeker and feeder steers 0.50® 7.75 Beef rows 5.00® 025 Low cutters and eutter cows. 3.500) 4.i0 —Calves— Receipts. 500: market, higher Best vealers $14.00® 15.00 Heavy calves 6.50® 9.00 —Sheep— Rcwipfs. 300; market, strady. Ton fat lambs $13.00 Bulk fat Jarr.be 11.00® 13 00 Bulk cull lambs 5.00® 8.00 Fwra 7.00 down Bucks . . . . 3 09® 5.00 CRIME EXPERT FINOS HAVANA POLICE IDEAL Says City Is Safest and Most Law-Abiding in World. Bu United Press DETROIT, Mich., Nov. 29.—August Vollmer, scientific criminologist of Berkeley, Cal., went to Havana to instruct and remained to learn. “Havana has the ideal police force of the world,” Vollmer said. “None in the United States can compare with it. and instead of offering suggestions for the betterment of the Havana department, I found myself making a study of their method. “The force consisting of 25,000 men Is now being federalized. Havana is one of the most law abiding and safest cities in the world, and much freer from crime than any in the United States. “Cuban authorities are now constructing what is said to be the finest prison in the world. It will cost approximately $5,000,000 and will occupy a site in the center of a 6,000-acre tract. The prison will be self-supporting. “Havana police records show that the greatest number of hold-ups the city has ever known in the space of a single year is 39. A prisoner, once tried and convicted, serves his sentence and all the political pull in the world will not preclude the carrying out of the court's sentence.”

Italian Sings Way to Prominence

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Here’s Elda Vettorl, Italian dramatic soprano, as she appeared in her American debut as “Santuzza” in C'avalleria Rusticana at the Metropolitan Opera House. She came to New York from St. l/ouis and recorded a triumphal ovation.

to Livestock Exposition Thousands Are Attracted / ■■ ■ "■—■■■■ ■ ■ ... - Oklahoma School Wins Second Consecutive First Place in Judging Contest.

Bu United Press CHICAGO, Nov. 29. —Hair marcelled Into fluffy waves, hoofs manicured, horns burnished—the royal ty of the livestock world continued today to attract thousands of Chicagoans at the International Livestock Show. The spectacle that Chicago is permitted to see once each year bids fair to set an attendance record before the 1926 show closes. Another Laurel Today the team from Oklahoma Agricultural and Mechanical School had added another laurel to the Oklahoma exhibition by winning its second consecutive first place in the intercollegiate students’ livestock judging contest. The Oklahoma students made a total of 4,407 points out of a possible 5,000. Members of the winning team are J. Culbertson, W. D. Gray, Harold C. Gould, R. G. Glassock and Maurice Mospadden. Mospadden is a LEGION LEADERS OPEN CONCLAVE Community Betterment, France Convention Topics. Nation-wide community betterment program to be undertaken by 10,258 posts, a pilgrimage to France next September and membership will be major topics of discussion at a three-day conference of American Legion department commanders and adjutants which began today in the Legion headquarters Bldg. Keynote addresses by National Commander Howard P. Savage and Mrs. Adalin W. Maeauley were on the morning program. Appointment of national committees was to be announced and reports were to he received from national departments and committees. Membership discussion was to feature the afternoon program. Community service, ohild welfare, publicity, department publications, money raising activities and Americanism will be discussed Tuesday. Wednesday’s program will consider the American Legion Monthly, emblem division, better citizenship, the France convention, national defense citizenship and miscellaneous matters.

/4a subscriptions hare been received tn excess of the amount of Debenture s offered, this advertisement appears only as a matter of record. $120,000,000 Standard Oil Company Incorporated in New Jersey TWENTY-YEAR 5% GOLD DEBENTURES Dated December 15, 1926 Due December 15, 19 Interest payable February I and August I in New York City. redeemable in whole or in part at the option of the Company on August 1, 1927, or on any interest date thereafter prior to maturity, upon sixty days’ published notice, at the following prices and accrued interest: From August 1, 1927 to August 1, 1931, inclusive, at 103%; from February 1, 1932 to August 1, 1936, inclusive, at 102%; from February 1, 1937 to August 1, 1941, inclusive, at 101%; from February 1, 1942 to August 1, 1946, inclusive, at loo x /2%. Coupon Debentures tn denomination of SI,OOO, reyisterable as to principal. Fully registered Debentures in denominations of SI,OOO, $5,000 and SIO,OOO, Coupon and Registered Debentures, and the several denominations, interchangeable. Issued under Indenture dated December 15, 1926, The Equitable Trust Company of New York, Trustee. Walter C. Teagle, Esq., President of the Company, has summarized as follows his letter to us regarding the business of the Company and this issue of Debentures: The proceeds of these Debentures will be used in providing part of the funds required to retire the Company’s 7% Preferred Stock, outstanding in the amount of $199,972,900. The balance of the funds will be provided from the Company’B treasury and by the sale of 3,419,317 shares of common stock. These $120,000,000 Debentures will constitute the sole funded debt of the Company. The consolidated balance sheet of December 31, 1925, showed total net assets, after deducting all current indebtedness, in excess of $1,078,000,000 of which over $450,000,000 consisted of net current assets. The Company now has outstanding 20,695,902 shares of common stock , having a present market value, based on current quotations, of approximately $869,000,000. Upon the completion of this financing, the amount of common stock outstanding will be 24,145,219 shares, which increased amount will represent a further investment by common stockholders of $86,232,925. Dividends on the common stock as outstanding from time to time, have been paid in every year since the formation of the Company in 1882, or for the past 44 years. The Company’s consolidated net earnings (before deducting Federal inco ne and excess war profits taxes but after deducting all other expenses and charges including liberal amounts for depreciation and depletion), available for the payment of interest on these Debentures had they been outstanding, averaged, during the ten years 1916 through 1925, $92,157,223 annually, or more than 15 times the annual interest requirements of $6,000,000 on this issue of Debentures. In 1925, net earnings as slated were more than 20 times such annual interest requirements. The reports so far received indicate that the consolidated net earnings for 1926 will be in excess of the earnings in 1925. The Company is realizing in increasing measure the benefit of the substantial capital expenditures madq since 1912. From 1912 through 1925, the Company’s net earnings amounted to approxi nately $954,000,000, of which approximately $358,000,000 was disbursed in dividends and $596,000,000 was reinvested in the business. An additional amount of nearly $200,000,000 was also invested in the business, this amoiint having been obtained by the sale of the Preferred Stock, which is to be retired in connection with the present financing. The Indenture, under which these Debentures are to be issued, will contain a covenant that the Company will not mortgage or pledge any of its property without thereby securing these Debentures ratably with the obligations secured by such mortgage or pledge, THE ABOVE DEBENTURES ARE OFFERED FOR SUBSCRIPTION, SUBJECT TO TnE CONDITIONS BELOW STATED, AT 100)4% *ND ACCRUED INTEREST. Subscription books will be opened at the office of J. P. Morgan Cos. at 10 o’clock A. M., Monday, November 29, 1926. ,All subscriptions will be received subject to allotment, with especial consideration, as mentioned in the letter dated November 19, 1926, addressed by the undersigned to holders of record °f7% Preferred Stock of the Company, to subscriptions by holders of such stock made pursuant to such letter. All subscriptions ivill be received subject also to issue of the Debentures as planned and to approval by counsel of corporate authorization and of legality. The right is reserved to reject any and all subscriptions, and also, in any case, to allot a smaller amount than applied for. J. P. MORGAN & CO. New York, November 29, 1926.

Cherokee Indian and nephew of Will Rogers, the famous comedian. Kansas Second 'Kansas State Agricultural College was second and the University of Nebraska team third. Culberson broke a record that had stood for twenty-six years when he scored a total a 941 out of a possible 1,000 points in the individual judging. W. C. Bute of the Missouri College of Agriculture was second with 932 points ami .1. D. Amend, Texas University, took third place with 925 oints. p The Kansas Aggies took first place in the* intercollegiate crop-judging contest, with 4.449.4 points. lowa State Colllege was second with 4,434.5 points, anil North Carolina was third with 4,304.1 points. Individual honors In this event went to W. L. Adams of North Carolina, who made a score of 1,509.3 out of a possible 1.6000 points. Samuel Goodsell of lowa was second with 1,505.4 points. Judging of the various entries In the “Grand Champion Beef Contest” began today. WOMAN HURT BY TRAIN Struck at Stop 7 RuNltville Line Taken to Hospital. Mrs. Bessie Clark, 28, of 326 , -£ W. South St., was cut about the head, legs and arms early today when she stepped from behind a building onto the tracks of the Indianapolis & Cincinnati Traction Company at Stop 7 on the Rushville line. She was struck by an east bound freight train, and knocked to the side of the tracks. A west bound car, conveyed her to Prospect St. and Southeastern Ave.. where an ambulance mot the car and took her to the Indiana Christian Hospital. NAMED ON PRISON BOARD Mrs. William M. Swain Selected as Mrs. Healing's Successor. Mrs. William M. Swain of Pendleton has been appointed by Governor Jackson to serve the unexpired term of Mrs. Joespli B. Kealtng, who died recently, as a trustee of the Indiana Woman's Prison. Mrs. Kealing’s term would have expired April 10, 1927. Mrs. Swain, a Republican, is the wife of a former State Senator from Madison County.

LEGION SAVES MONEY Passport Visa Fees Eliminated by Eight European Countries. Through negotiations completed with eight countreis of Euripe, members of the American Legion who travel on the continent before and after ihe ninth annual convention in September, 1927, will be saved approximately $1,000,000 by the elimination of passport visa fees, it was announced here today by Bowman Elder, national chairman of the French convention committee. Ten other countries probably will take similar action. Legionnaires may obtain an identification certificate for $1 which will allow the utmost freedom In moving about in European countries. The eight countries agreeing to ac cept the certificates are France, Great Britain, Belgium, Italy, Switzerland, Holland, Germany and Denmark. IMPORTANT HIGHWAY Paved Road so Connect Four Colleges and Two Parks. Two State parks and four of Indiana's largest educational institutions will be connected by a single paved road, if plans of the State highway commission are carried into effect next year. Paving a continuation of State Rd. 43, between Lafayette and Michigan City will give a through route between Bloomington and the north part of the State. The continuation will pass through Brookston, Chalmers, Reynolds, Monon, Francesville, Medaryville, San Pierre, Riverside, La Cro*e, Wanatah and Westville. Completed, the road will connect Indiana University at Bloomington, De Pauw University at Greeneastle, Wabash College at Crawfordsville, and Purdue University at Lafayette, and in addition McCormick's Creek Canyon State park, near Spencer and Dunes State park, near Michigan City. 6 DUCK HUNTERS DROWN Swept Out to Sea When Sheltering Sandbar Crumbles. Bu United Press ALINAS, Cal., Nov. 29.—Six young duck hunters were drowned in the ocean near here Sunday when a sand bar at the mouth of the Salinas River, which had been sheltering them from the surf, gave way and they were swept to sea in two small boats which were swamped almost immediately. Torrential rains had capsed rapid rise in the river. The dead: Arthur Millett, 18; Frank Gomez, 19: Robert Gtmez, 18. all from Pacific Grove, and Samuel Basquez, 17, Allen and Raymond Gottfriendsen. all from Salinas.

PAGE 13

ROUMANIAN KING HELD NOT FACING IMMEDIATE DEATH Meanwhile, Political Moves for Succession to Throne Trive. Bu United Prees BUCHAREST, Nov. 29. King Ferdinand's condition was grave today, but the United Press was inI formed that the court physicians did not expect death to result in the immediate future. There was every indication that His Majesty soon would undergo an operation to ameliorate his illness which was believed to have resulted from cancer. Leaders of all political parties have been in conferences recently and they were continuing today as the statesmen formed their plans with respect to sin cession to throne in the event' of Ferdinand's death Premier Averescu and former Tie mier Jean Bratianu have annoum oil that they were prepared to com! at with every means at their disposal any effort to rescind former Crown Prince Carol's renunciation of his right of succession. Both statesmen demanded maintenance of the law of last January which made Prince Michel, Carol's young son. the heir to the throne and established a regency composed of Prince Nlchol as, the Metropolitan Miron and President Buzdugan, of the Supreme Court. Many political leaders today sought to obtain general arreenico among the major political gnu pi along the lines of Averoscu and Brat lanu's announcement. LEGION POST TO BUILf Soft,ooo Community House in Irving ton Pin tilted. Plans for the establishment ot a $50,000 community house t .Wash ington St. and Emerson Ave. have been announced by the Irvington post of tho America Legion. The house will be two stories high 'and of brick construction. It will eon tain meeting rooms, an auditorium and recreational facilities. Earl T. Bonham, new commander of ihe post and other newly elect ed officers will be installed Dec. 17. Governor Jackson and Senator Arthur R. Robinson will he principal speakers.