Indianapolis Times, Volume 38, Number 209, Indianapolis, Marion County, 7 December 1926 — Page 15

PAGE 15

HOGS AND CATTLE SUFFER SLIGHT DROP

CONTINUE TO MAKEADVANCE Dow-Jones and U. S. Steel Reach New High Point.

Average Stock Prices

Avrra up prices Monday for twenty industries were 150.30. on .25. Average ot wentv rails. 117.50, off 30. Average of forty bonds. 05.08. unchanged. "ii United Press NEW YORK, Dec. 7.—The Wail Street Journal’s financial review toays says: Indications of powerful buying vhich carried Dow-Jones industrial iverage to new high record ground tn the recovery from the October break in the face of 5Vi per cent call money yesterday were still observ able in the early dealings on the stock exchange today. . Steel common reached new high J around on the present movement at 150*4, up %; wjiile Baldwin moved up to 158, and General Motors jumped a point to 146. Evidence of increasing public participation was afforded in the expansion of $38,000,000 in brokerage loans at this center during the week ended Dec. 1, and the fact that an outside follow ng was again being attracted to the market encouraged interests working n the constructive side. Demand for stocks broadened to i number of fresh favorites. Sugars were strong in response to new high prices for raw sugar. Refined ilso was higher. South Porto Rico continued the outstanding stock in his group, spurting 3 point sto 155. Rails came into greater speculaive favor under the leadership of \tchison, which gained 2 points to 1 57 V&. This run-up was accompanied by revival of reports that a 50 uer cent stock dividend would be declared next month. GRAINS OPEN HIGHER Ml Show Fractional Gains at Start of Chicago Market. ii United Press CHIQAGO, Dec. 7.—A1l grain >ened fractionally higher on the ieago Board of Trade today. Wheat opened %, to Me higher, •ntinued tightness of December heat and steady foreign markets ving the pit a strong tone. Corn was up % to %c, with no i 3ws except reports of heavy 1 ver the entire grain belt, which aders think will further delay lovement of new corn to market. Oats was *4c higher in all portions, but showed no independent rength. Provisions opened unchanged. Chicago Grain Table WHEAT— —r>eC - 7 Prev , High. Low. 11:00 close >e 141 ’4 1.40 % 1.41 140% 'a.v 1.41 % 1.41’1 14114 141 4 'U'y 1-33 % 1.32% 1.33 1.33 2 CORN—--2*6 75 'A .74 % .75 .74 Vj lay 84 .83 4 .83 *4 .83 % ■'"oats—- 88W - 80 ' B,( * • 8 5% hec. 44 .43 % 43 % 43 ,\ po 91 % no % m ,f LARiW- ’ ' 9B '" 97 % !,7% hui 12-45 13.35 1337 RIBS—'" ' 1~-4° 12.27 12.35 12.35 lan 13 nr. May 13.00 i.TOO 13.05

In the Sugar Market

(Bt Thomson & McKinnon) YORK Dec. 7.—After the close or the suxar futures market yesterday it became known that for the first time in two years Cuban raws had sold at 3% cents and that granulated was quoted at 0.40- These price increases need no explanation. They follow definte assurances, which received wide circulation. That the next Cuban suxar harvest would not exceed 4.500,000 tons. As nrice* e*ontinue to make new hixhs it will be not at all unusual to find the market absorbing ncreasingr profit takimr. However. I do not wish to lmnlv that nnv change in the trend has as yet been indicated.

In the Cotton Market

(By Thomson & McKinnon) NBW YORK, Dec. 7.—Yesterday’s market wass old quite freely at times, but it was not the kind' of selling that longs need to consdeir. Avery small percentage of it was against the acetual. Tomorrow s report clears the way for the student of values. Cotton is in the public eye. and on any further decline the actual bales will pass into very strong hands. HUGE TOBACCO MERGER Bu United Press NEW YORK, Dec. 7.—Union of two outstanding retail tobacco chain systems involving business exceeding $100,000,000 annually is soon to be consummated in the merger of United Cigar Stores and the Schulte Retail Stores Corporation, It was learned In Wall street today. No real merger is contemplated, it was said, but the two companies would co-ordinate their operations through a third company, chartered In Maryland this year and known as the Union and United Tobacco Corporation.

Automobiles for Sale Parker 810995, Harriet Ritter 81358. Mrs Geo. Robinson 811139. JYrtlis 811275. Mrs. Henry G. Stokes 89304 Russell Wrenick 81X2.12, Mra-Chas Wheeler 811008 David Wild 0,-469. Mrs. Cora Young 811.122. SHAbK FURNITURE AND STORAGE CO 227 N. New Jersey St„ _ _ _ Indianapolis. Ind. Deg. 7, 13 ‘’n 1926 NOTICE TO BIDDERS. The undersigned publicly posts, from time to time as needed, on the bulletin board of the Board of School Commissioners of the city of Indianaooli*. Tnd.. at its offices. 150 N. Meridian St.. Indiapolis, specifications lor divers supplies for schools, offices, janitor*, domestic science, manual training ami office equipment: .for one transit, high school projectors. automobile, and red line paper: and for repairs to buildings and ennipment. viz; hardware, lumber, plumbing and electrical supplies: and bids will be received by the undersigned for the sale to said' boaj-d for such supplies and materials until the respective dates named in said snecifleation*. ROARt) OP SCHOOL COMMISSIONERS OP THE CITY OP INDIANAPOLIS. By URE M. FRAZER. , .. _ Business Director, 'ndlanapolis. Ind.. Dec. 7. 1920.

New York Stocks

(lly .Thomson & McKinnon)

—Dec. 7 Railroad. l ! Prev. High. Low. 1:00. close. Atchison ..157% 155% 150% 155% ATI Csi L. .201 200*4 201 200*4 B & O ... 100 . . . 105% 100% Canad Pac 104% 103% 164% 104 C&O ... 102% 100 102 100 O & SW . 77% 77 77% 77 CRISc P. 08% ... 08% 08% Del & Hud 171% 170% 171% 170% Del & Lac 144% ... 144% 144% Erie ... ... 40 Erie Ist pfd . . 49 Gt North p( 81% 80% 81% 80% Val . . ... ... M K & T'.". 34 '34 33% NY-NH & H . . ... ... 43% Mo Pac pfd 80 % ... 89 % 89 % NY Cent.. 134% 133% 134% 134% North Pac. 79% 79% 79% 79% Nor & Wll 157 ... 157 157 Pere Marq 112% ... 112% 113 , Pennsy ... 50 % ... 56 50 % Reading ... 89 ... 89 89 S Railway 117 ... 117 110% So Pacific 100 ... 100 100 St Paul ... 8% ... 8% 9 St Paul pfd 18% ... 18% 18% St L & SW 02% St L& S P 102% ... 102% 102., Union Pac 100% -59% 100% 159% Wabash ... 39% 39% 39% 39 4 Wabash pfd 74% ... 74% <4% Rubbers— Ajax 7% ... 7% 7% Fisk 17 17 17 Goodrich . . 42 % ... 42 % 13 % Goodyr pfd .98 ... 98 98 Kelly Spgtld . . ... ... 9 % U S Rubber 59% 58% 59% 59 Equipments— A C and F 100 105% 100 105% Amer Loco 113% 113% 113% 113 Am Stl Fdy 45% ... 45% 45% Bald Loco 158% 157% 158 157% Gen Elec.. 87% ... 80% 80% Lima 64% 04% 04% 04% N Y Airbrk 44% 44 44% 44'1 17- Stl Car. ~ ... ... 43% Pullman ..189% 188% 188% 188% West Airb . 14.') % 142% 141% 142% West Elec.. 68% 08% 08% 08% Steels— Bethlehem.. 46% 4d% 40% 40% Colo Fuel . 40% 45% 40 45% Gulf States 55% ... 55% 55% P K C & 1 42% 42% 42% 42% Rettub Steel *. ... ... 00 Sloss-Shef 125 U S Steel .150% 149% 150% 149% Alloy ... ... 29 Vanadium 40% ... • 40% 40% Motors— Am Bosch. 17% ... 17% 17% Chandler . 24 .... 24 23% Chrysler . . 38 37 % 37 % 37 % Cont Mot. 11% ... 11% 11% Dodge .... 25 •% 24 % 25 % 24 Gabriel ... 31% 30% 31 30% Gen Mot ..147% 145% 140% 145 Hudon .... 48% 47% 48 48 Hupp .... 21 .20% 21 20% Jordan ... 20% 20 20% 19% Mack 1110% 90 100 00% Moon .... 12 11% 12 11% Nash 58 57% 58 57% Packard .. 35 ... 34% 34% Plena.* Ar. . 24% 23% 24% 23% Studebaker 50% 55% 50% 55% Stew-Warn. 00% 00% 00% 00% Timken ... 80% 79 80% 79% Willy*.Over. 21% 21% 21% 21% lVhite Mot. 57% 50% 57% 50% Mining— Am Smelt 137% 135% 137 130 Anaconda . 48% 47% 48% 48 Cerro D P 62 % 62 % 02 % 02 % Inspiration . . . ... ~ . 20 % Itit Nickel.. 30% ... 30 39% Kcnnccott . 01% 01% ' 01% 61% Tex G k S. 49% 41) % 49% 40% U S Smelt ... 34% Oils— 9 Atlßfg... 110% ... 110% 100% Cal Petrol. .31% ... 31% 31% Freeport T. 35 ... 34% 34% Houston ... ... 58 % Ind Oil .30 ... 20 % 30 Marl and O 55% 55% 55% 55% Mid-Con P 31’4 ... 31% 30% P-Am Pet. 03% ... 03% 04% P-A P (B) 03% 02% 03 63% Pacific Oil 1% Phillips P.. 54% ... 54% 55 Union Oil. 53% ... 53% 53% Pure Oil.. 27% ... Vt % 27% Royal Dut 40% 49% 40% 40% Shell .... 30% ... 30% 30% Sinclair 19% 19 19% 19% Skelly ... 34% ... 34 34 S Oil of C.. 58 % ... 58 % 58 % S O of N J 38% 38% 38% 38% Tex Com. . 50 % 50 % 50 % 50 % Trans Pet.. 3% ... 3% 3% Industrials— A Rumely ... ... ... 10% Allis dial. 80% .. 80% 80% Allied Ch 141 130% 140% 139 Arm (A). 15% ... 15% 15% Amer Can 52% 52% 52% 15% A H&L pfd 50 47% 50 51% Am S Raz ... ... ... 00% Am Wool. 30% 35% 35% 30 Coco Cola 100% 108% 160%% 168% Cont Can.. 75 ... 75 ‘<'4% Certainteed ... ... ... 43 % Day Chem. 26% ... 20% 20% Dupont ....167% 165 107 165% Fam Plav 120% 110 lto% 110% G Asphalt. 85% 84% 84% 85% Tn Comb E 44% 44% 44% 44% Int Paper ... ... ... 58 % Int Harv. 154% 150% 153% 150 Mav D St 138% ... 138% 138% Mont Wd. 08 07% 07% 07% Owen Bot. 84% ... 84 83% Radio .... 60% 58% 00 Rem Tvne 114 ... 114 112% Real Silk. 42% ... 42 42% Sears-Roe.. 54% ... 54% 54% United Drg 167% 107 167% 106% IT SC I P 225% 221 225 221 % TT S In A] 84 82% 83% 82% Woolwrth. 193% 192% 193 192 Utilities— Am TANARUS& T 150 ... 140% 140% Am Express .. ... ... 129 Am Wat W . . 61 % Brklyn M.. 71% 71% 7114 71% Col G & E 00% ... 90% 00% Cons Gas. 109% ... 109% 1)0% Interboix) .... ... ... 48 N Am Cos.. 48% 47% 48 48 % Peo Gas .. 125% ... 125% 125% Phila Cos 82 Std G & E 55% 55% 65% 55% West Un.. 148% ... 148% 148% Shipping— Am Int Or 39 ... .39 39 Am SAC 5% Atl Gulf .. 38% ... / 38% 38% Int M M p 38% ... 38% 35% United Frt 121 ... 121 121% Foods—k Am Sugar.. 85% 83% 83% 83 Am Bt Sug . . ... ... 27 Austin Nich 9% ... 9% 9% Bch Nt Pkg 59% Cal Pkg . . 08 ... 08 08 Corn Prod . 50% ... 49% 49%

Commission Row

PRICES TO RETAILERS * FRUITS Apples— Fancy Grimes Golden, bbl $5; Indiana Jonathan* bbl.. $5.50; Delicious. PiPPin- 40-ib. basket. $1.35. Carabao—i-ei date *3.60 Cider—s4.so. (3-gai case. Cranberries—Early blacks, half barrel, $4.2.) (ft 4.60; Centennials, box! $4.50; Jerseys Howes. % bbl.. $5. Coconuts—Fancy Jamaicas sack ol 100 50 00. '-Cate*—Minaret. 36 pack, tobbots 4x t s 4 50; Dromedary. 36 pack to box #0.76: bulk dates, lie lb. Figs—l 2 pack, to box. *1.16: 60 pack if?, i 50 ,*! ,0 $3: 24 back to box, fancy. $3: 12 pack to box. black. $1.7.5: imported layer. 10-lb. box sl.ooft£2.ld Grppp*—Emperor 3**2 tfD'Z.bi) oer luir: faiK-y keg*, orate. $4 50ra3. jjDrapefruit —Extra fancy. $4.25: Florida Hone.v—24-cake crate. $4 5000 Kumuuats —Florida 20 4t25c ut Lemons—California, $4,25 0 4.75. Limes—Florida 100. $2.60, . Nuts—lndiana chestnuts 10% 16023 c: shelibark hiekorynuts lb.. 2$ 3c: black walnuts. 3Ci;>%c lb.: English walnuts. o 0 (i.lßc lb Oranges Florida. $34.50: California navels. $5 H 0.60. Pears—Oregon Bose. $5.50 box: Oregon D Anions $0 box. ii l^Bl ,!'j raons ~ Indiana 12-nt case. $1 01.25. Tangerine—Florida. $2.75 03 ner % VEGETABLES Artichokes—California. $101.25 dozen |b Brussels SDrouts—Fancy California 2n< —Holland seed 2 Vic lb.: red I canbagee 6c lb. Cauliflo ver—Crate $2 02.26 *1 < io/' V i _ s^‘ chi L iln e. squares or flats sl.so(ii 1.0.>; Michigan rough. $3.26 , Michigan jumbo. sl® IJ. 5 dozen: California. $5.70. Celery Cabbage—Box. $1.50. Cucumbers—Florida. $1.60 dozen cer doz - Kale—Kentucky, sack $1 50: H G. 76c Dcr bu. Lettuce—Western Iceberg, erf.. #5. I Mangoes—F lorida poppers, $0 --rate. Mushrooms—Pennsylvania. $1.75 for 3- i lb. basket. Onions—H. G. yellow. 100 lbs.. $2Utah 'alenciM 105-lb. bag. $2.50: Span ish, crt.. $1.75 01.85. Oyster Plant—H G 46e dozen Parsley—H G.. 50c oer bunch. I c-as —California. $7..() per erale. Dpi sloes—Michigan rouud white, sack *4.35: Minnesota early Ohlos 120-lb bag $4.25: Russets. #3.75. Radishes—Southern long reds 26c: hot house buttons. $1.25. Root Vegetable* Turnips, bu.. $1 : parsnips, bu.. $1.50: earrots mi *1.60 Canadian rutabagas $2 cwt.: H. G.beete bu.. $1..j0. Shallots—Louisiana 75c dozen Spinach—H. G. bu.. $1.26 Souash—H. U. Hubbard DPI., #2.60. ?' ,S S0 eet Potatoc *—lndian* Jersey. bu.. Tomatoes—Six-basket erf 80 HOLIDAY DECORATIONS yard* 3 roll. ?? D^B*~ FanCy evereT^n - ~ o ' Christmas Trees—Vermont spnu-e. singles. S.IOO- 2s per bundle. $2.50: 3s. tier bundle. $2.50: 4s. ner bundle. $2.75: 6s ner bundle. $2.75: 6s- per bundle. . I O . Christmas Tree Holders—Green stained wooden cross pieces 25 pairs to bundle, permanent nv'tal holders. $0 per doz. Holly—Fancy Delaware. $0 per case Holly Wreaths—Fancy 10-in. $2 per doz. I-aereß Roping—Fancy green. 20-yard roll. sl.^s.

Cuba Cane p 48 47% 48 47% Cu Am Sug 27% 27% 27% 27 Fleiachmnn 48% 48% 48% 48% Jewel Tea ... ... ... 46% Nat Biscuit 98 97% 98 97% Punta Alegr 40 % ... 40 % 40 Postum .., 99 % . . 9!) 99 Ward Bak 633 31% 32% 32% Tobaccos— Am Sumat. 41% ... 41% 41% Am Tob ..121% 121% 121% 120% Am Tob B 119% 119% 119% 119 Cons Cigar 87% 80% 80% 87 Gen Cigars 65 64% 55 65 Liggett ... ... 90 % Lonllard .. 30% 30% 30% I 30% B J Reyn.. 120% ... 120 120% Tob Prd B 110% 109% 110% 109% Un Cig St 99% 97% 99 97% Schulte lIS 50% 48% 50 49 LISTS IRREGULAR, GENERALLY WITH UPWARD TENDENCY Few Forced Down Regain Easily Before Mart’s Close. By E. Waller Mockler NEW YORK, Dec. 7.—While stock pursued an Irregular course during the better part of yesterday’s 1 trading, the trend was generally up- 1 ward. Such few stocks as succumbed to pressure, found It comparatively easy to beat back before the close. To some extent the tighter call money held down trading, ns the call rate moved to s’£ per cent. It Is likely that money will be steady to firm for the bal- I ance of the year as the holiday de-1 mand makes Itself felt. Tall money's firmness caused a responsive firming up in time funds while demand for i bonds, recently very strong, also slowed down somewhat. * To a very great extent the present stock market Is trading on future prospects and against future apprehensions. On the one hand the slowing down of business is only accepted as an indication of the possibilities of 1927. Bolster Sentiment On the Vher hand the inherent easiness in the money market, disregarding the present stiffness and the hope of higher dividends for many corporations and railroads continue to bolster sentiment. It will be a month before the dl rectors of the Atchison meet to con slder the common dividend. The pre ferred will be acted on Tuesday. Few in the Street would be greatly sur prised if a higher basis were de clared on the common. Atchison’s position in regard to an extra Is much the same as that of Steel common and a few other high-class is sues. The financial community regards an extra on a higher 'regular rate as a foregone conclusion. The only question in the minds of most people is the time when such payment will be authorized. Brokers' loans figures were Issued k inday by the Federal Reserve banks for the week ended Dec. 1 and for the stock exchange membership for all November. The former Item showed an Increase of $58,360,000 Stock exchange borrowings as of Nov. 30 stood at $3,129,161,673. an In crease of $17,984,750 over the totaj at trfe end of October. Stock exchange borrowings increased $76,738.942, but in October the total dropped $107,760,083. This last month’s further recovery still leaves the market some $13,000,000 shy of the amount used at the end of the summer months.

Produce Markets

Butte, iw-nolesnle nneesi Creamerv best grade a pound. 52 0 57c. Butti rtat—Local dealers pay. 62 054 c Cheese (wholesale gelling prices)—Wis consin Dunnes 24 026 c Longhorns ‘24 ur 27c: Limburgtr Eggs—Strictly ireeb delivered at Indian spoils. 46 050 c. Poultry Fowls 19 021 c: Leghorns 13014 c: ducks. 15 018 c.

Local Wagon Wheat

Local grain elevators are paying $1.30 for No 2 red wheat Uthei rr;*g* an Purchased on their merit*

Pup Who Saw North Pole Snubs Cal

1 mh

When you’ve flown over the North Pole it’s hard to get excited about a mere President. Witness the fact that when (Jen. Umberto Nobile called at the White House with the dog mascot who accompanied him on the Norge’s polar flight, the pup snubbed Calvin Coolidge cold. The dog is shown here with Nobile.

THE INDIANAPOLIS TIMES

Top and Bulk Porkers Sell at $12.25 — Best Vealers, sl4. —Hog Price Ranee— Nov Built Tod, ReceiDt* 30. 12.10 12.16 0.50' Dee 1. 12.35 12.35 0.000 2. 12 25 12.25 5.000 3. 12.15 12.25 6.500 4. 12 25 12.25 3.600 0. 12.40 12.40 3.060 7. 12.26 12.25 8.600 A 15-cent reduction was the general tendency in the sale of hogs at the Indianapolis Livestock Exchange today. A large run, estimating 8,500 heads, was received. This lowering of prices was caused by the size of the run and a similar movement in the major competitive market. Holdovers numbered 83. Top and ! bulk both went at $12.25. Packing j sows brought $10.25^11.50. Hog Price Range Porkers between 120 and 300 I pounds sold at $12.25. The price on those heavier than this class Was Indefinite. Some packing sows were selling at a point 25 cents lower than on Monday, but the maximum paid for them had not changed. The estimate on cattle receipts was 1,600. more than doubling Monday's offerings. The market was weak to lower. Steer trade developed slowly. Pome light weights brought sll, although a few were held higher. Tn general, beef steers sold at $7.50® 11.59; bulk stock and feeder steers. $6.50 If 7.75; beef cows, ss® 6.50. and law cutters and cutter cows, $3.30(15 4.75. Ualves About Steady The calf market was steady to 50 cents lower. The run estimated 1,000. Best vealers brought sl4, the bulk going at $13®13.50. A ten-fold Increase over the preceding day’s run placed the sheep anl lamb total at 1,000. Fat lambs were steady, the run consisting largely of \\'o*tern. The top on these was sl3. Bulk cull lambs stayed nt ss.so®B.so;ewes, $7 down, and bucks, s3®s. —Ho**— R'-oeint* 8 500: market lower. 120 110 ll>9 512.25 300 lb* Indeflnate —Cottle— Ro-eipt*. 1.100 market teo<lv to lower. Bet f *t. r $8 00 % 11.75 Bulk ttox-ker and feeder steer* 050 T 7.75 Beef row* 5.00% 11 75 Low cutter* at.d outler cow* 3.5062 4.75 —Ca Iv e* Receipt* 1.000: market *tesdr to lower Beet veal-’r* $1.3 00® 14 00 Heavy Calves 0.50 u 8.50 Re-eipt*. 1.000; market steady. Top lat lamb* $13.00 Bulk fat lamba 11.00013 ou Bulk cull lamba 6 50® 8.50 Ewe* 7 00 down Buck* - 3.00® 5 06 Other Livestock CINCINNATI. Dee 7 —Hogs— Receipt*. 4 000: holdevi r* YlO. market taott.y 10c higher: 250 350 lb* $11.1012.35; 200250 lb*. sl2 25(<i 12 35: 100-200 lb* . M 2 25(0 12.35 130-100 lb*. $12,250 12 35: 130-100 lb* sl2‘.Wo 12 35: 90130 lb* . SIOO 12.35: [iiikiiu sow* $lO ‘<ll. Cattle—Receipt*. 500: calve*, receipt* 300: market generally steady: veal* 50c Mr her: beef *tecr* $0.50 fit 9.25: lirlit yearling .steer* and heifer*. so'n lOoO: href cow*. $4 504/0.25: low rutter and cutter ooi* 83.504/ 4.25: veahr* $9.50(n i 13: heavy oalve* SSO 9: bulk *tork and feeder steers. $0 417. Sheep— Receipt*. 400; market stcadv: too fart iamb*, sls; bulk fat lamb*. $94t13: bulk cull lambs. S4'ito; bulk fat ewe*. $34*5.50.

NO WEDDING BELLS RING FOR 70 AND 21 Romance of Elderly Minister and Young Nurse Appears Ended. Bu United t'ress BOSTON, Dec. 7.—The wedding of the Rev. Robert Thomas Wood. 70, and Miss Cora May Stewart. 21-ye.ir-old ttoxbury nurse, was srrfeduled to be held here today, but — Pastor Wood said the marriage had been postponed. Dispatcher from Baltimore said the couple were married a month ago. Miss Stewart said the wedding plamj had been canceled. Meanwhile, the minister, who recently resigned the pastorate of the - Twenty-Fifth Street Christian Church of Baltimore after occupying the pulpit only twenty-four hours, left his hotel here early today. He told newspaper men he was return ing to Baltimore “to srtaighten out my affairs.” ”1 am not married and never have been married,'” Miss Stewart said today when shown published reports that she already was the wife of the minister. When 1 met Mr. Wood at the train here late last night I told him the wedding was off because I had learned he was 69 or 70 years old instead of 55, as he had previously told me. I can’t talk about It any more now. I’m busy.” The romance of the elderly pastor and youthful nurse, which today appeared so complex, began last summer at Prince Hdward Island. Wood wooed Miss Stewart while he was serving as a Sunday school teacher there. CAN THEM Three Persons Report Their Losses to Police. You can’t always trust them. This was the belief of three Indianapolis persons, who today reported thefts of police. Joseph Miller, 2918 Clifton St., proprietor of a barber shop, said he hired a ~ew barber and Monday evening left him in charge of the shop. When he returned the place was closed and the day’s receipts gone. Mrs. Charles Sdw!ek. 2249 N. Meridian St., gave a Negro some sec-ond-hand clothing to sell. He did Eiot return. A Negro washwoman took $lO from a purse in a buffet, Mrs. W. Wilson, 3130 College Ave., reported. oneTone auto~laken Auto thieves took a vacation Monday night, reports today showed. Only one ear was stolen—a machine belonging to A. M. Harris. 1519 Cornell Ave., being taken from Indiana Ave. and Vermont St. There was a sigh of relief at poli-e roll call at 7 a. m. when Captain Stone read off the report of the one car missing and said "That’s all.”

KINNEAR STOCK OFFERED Sharles Available In Firm Operating . in the State. v Bu Times Soccfal NEW YORK, Dec. 7.—George 11. Burr & Cos. are offering today at $23 per share 12,500 shares of the common stock of the Kinnear Stores Company, a chain of popular price merchandise stores now operating in eleven localities in 'lndiana, Illinois, Ohio and Michigan. This offering completes financing for the company which involved the issuance of 6,000 shares of series “A” 8 per cent preferrred stock and 6,000 shares of common stock, sold in units of one share of each class of stock early last week by the same banking house at $l2O per unit. HIGH AVERAGE OF BUSINESS MARKS [III Editor of System Magazine Sees Hopeful Outlook. Bu Tim • Bnecial CHICAGO, Dec. V—" Despite Increasing spottincss and the inability of some sections to maintain the pace previously set, 1926 closes with the average of business activity still favorably high, thus assuring its position as a record year,” summarizes the “vote” for the December of the more than 20,000 businejs executives who make up the council on the trend of business. "For two months the Business Weather Map has for the first time in a year been signaling a spotty condition. This continued spottiniss has naturally begun to affect activity rather broadly In some directions, althfiugh on the average business activity remains favorable, and there are many constructive factors In the underlying trend which have apparently not been counterbalanced by It. The result throws Into contrast the activity prevailing in some localities—mainly those urban and largely industrial sections In which a high level of employment Is sustaining strong consumptive power—and the lessening activity characterizing other localities—those areas In which purchasing power has been impaired during recent months,” says A. W. Shaw, editor of System, tHe Magazine of Business, in the December issue. The "key" factor for the month, pointed out by the "ballots” on which the Business Weather Map is based. Is "prices and profits." "Now exactly what do they mean h„v prices and profits?” continues Mr. Shaw. "They mean. I think, that profit margins are often dangerously thin—that very frequently prices do not admit of sufficient net. "Often in driving hard for sales, It becomes dangerously easy to disregard the lure beyond which the profit margin comes too thin, to use broad and uneconomical marketing methods which careful consideration would show should surely he replaced with a more Intensive approach to the prime market.” Mr. Shaw believes that whenever the pendulum swings too far. business men are quick to start It back toward normal and that, in this instance, the reaction has already set in. From many quarters have come reports of more careful work In market analysis, of efforts to substitute well-planned sales getting-at-any-eost. "It will not. In niy opinion.” he continues, "take long for such developments to point out. In a manner which will be heeded, the old truth that often it Is better to cultivate a market In search of the most profitable sales volume rather than in search of the largest sales volume.” , "The present outlook does not Indicate forced liquidation growlg out of a sharp contraction of bank credit. Further, the price decline that has occurred from the first of the year has markedly leveled off since mid summer. This would Indicate that it Is merely a natural reflection of supply and demand.” And In predicting a prosperous New Year, Mr. Shaw concludes. "Every now and again, in business and in other directions, it pays to take ‘time out’ to study ’the lay of the land.’ ” Marriage Licenses . Daniel Warfield. 53. 1024 W. Walnut, hod carrier: Lucinda Finn. 30. 1024 W Walnut, housework. , David E. ington. Clerk; Ella bunean. 10. 3025 W. Washington. Ralph Small. 22. Cicero. Tnd.. furniture worker: W’ilma Rose 18. 13.18 E. Market. , Pete Bellor. 20 011 Cleveland, tinner: Jessie Williams. 28. 011 Cleveland, factory worker. George De Von. 24. 217 N. Gray, mason foreman: Martha Vestal. 21. 950 N. Jefferson, operator. Shirley Lee. 18 2925 Shpldon. laborer: Alice MeMaurry. 18. 2242 Ralston. Theodore Woodbeck. 24. 052 E. Twen-ty-First. railroad brakeman: Mildred Nichols. 22. 7.12 N. Wallace, secretary. Charles Harvin, 23. 2740 Manker. stcamflttfr: Irene Vtxht. 21. 2740 Manker bookbinder. Charles Kernodle. 24. 4400 W. Michigan. moulder: Francos Burns. 18. 915 W Twenty-Seventh housekeeping. Robert Hill. 22. 1005 N. .Pennsylvania, Btudent: Marv Dragoo. 19. 2152 N. Delaware. student. Maurice Henning. 20. 42 W. Tenth, moulder; Mary Montgomery. 22. 022 Fletcher, elerk. Ira Layman. 49. Wothott. Ind.. farmer: Emma Haynes. 48. 6.17 Virginia, cook. Milton Wolfgong. 50. 11.14 Udell, laborer: Mary Slaughter. 02. 1310 W. Twen-ty-Seventh. house keener. Mabe Cook. 25. 917 S. High, teamster: Mabel Parker. .15. 035 S. Delaware. Wilbert Oertel. 29. R. R. G, Box 209. city, farmer: Florence Klclne. 18. R. R. G. Box .148. city. Vernon Gooper. 21 2.12 S. State, electrician: Bonnie Hamilton. 19. 921 Park, power machine operator. Karl Flogaus. 25. R. R. 4. Box 03S. eity. auto mechanic: I.cnna Guessendorff. 20. 921 E. Minnesota clerk. Herbert Irvin. 22. 238 Cora, laborer: Adalire Dunn. 19. 1516 Yundes. factory worker. Victor Lvle. 20 838 S. Holmes: Mildred Allison. 20. 302 S. Harri*. factory worker. Jewell Mav. 22 750 N. Belle Vieu. time keeper: Frieda Easton. 18. 749 N. Belle Vieu student. Ernest French. 21. 7.12 Buchanan, fae. tory employe: Garnet Gause. 17. 965 Elm St. Armin Bohn. 40. Indianapolis. real estate business: Louise Mageer. 41. Indianapolis. Arthur Pinkh-Mse. 20. Ind'anapoli*_. grocery clerk: Mabel Crouch. 17. 3625 Hawthorne Lane, housekeeper. Richard Shaw. 37. 1419 Yandex paver: Minnie Watson. 38. 1230 E. Fifteenth, cook. Lockwood McCoy. 26 3415 N. Canitol. butter maker: Ella Porter. 24. 267 N. Richland, butter wrapner. Clarence A. Smith .10. Johnson County, farmer: Ines Dougherty. 31. Acton. Ind.. nurse.

GREAT COTTON EXPERT NEVER OWNEDA BALE Could Have Made Millions ► Satisfied With Salary.

Bu NPA Service NEW ORLEANS, Dec. 7.—The world's greatest authority on cotton never has owned a bale of It in his life. For fifty-six years he has stuck firmly to the job of “proving that two plus two equals four," and has spurned chances to become a millionaire. A few words from him can sway the cotton market all over the world. That is a brief picture of Colonel Henry G. Hester, 80-year-old secretary and superintendent of the New Orleans Cotton Exchange.

Two Potent Words "Hester says—” Those two words mean everything in the cotton market. They cause men in every corne,* of the globe to risk fortunes buying and selling. They win the swift attention of every cotton interest in the world. But through all the years Colonel Hester has refused to invest one cent speculatively in cotton. Nor has he allowed any member of his office staff to do so. "We have our honor,” he says simply. Colonel Hester was a reporter in 1870 when the New Orleans Exchange was founded. He was persuaded to become its secretary, and it was not long before his passion for exact figures, his insistence of rigid’ accuracy, made his forecasts and predictions on cotton the most authoritative to be had. His Simple Formula “Ail my life I have gone on the belief t-hat two plus two equals four,” he says. "I have seen hundreds who spent their lives try- ! ing to make two plus two equal three and three-quarters or four and one-quarter, hut it can’t be done.” Here is one example of the opportunities for personal gain that Colonel Hester has ignored. In 1915 cotton went down to rock bottom. It went begging at 6 cents a pound. Colonel Hester sat at his ! desk and went over his figures. Reports of other cotton experts were that cotton consumption that year would he only 12,000.000 hales. •Colonel Hester figured it at 14,000,000. He went down to the cotton exchange, posted his prediction on the bulletin board, and wired the forecast to New-Y*ork. Instantly cotton began to climb. It went to 15 cents a pound, wavered a bit, then went on higher.

A Chance for Fortune Eventually it stuck at 40 cents a pound. Speculators who had bought on Colonel Hester’s forecast became rich. "How much would you have made if you had bought a thousand hales before you posted those figures?” Colonel Hester was asked. "Anywhere from three hundred thousand to a million dollars, depending on where I got off,” he replied. "But I didn’t buy. I never owned a bale of cotton in my life. I nevgr (peculated a copper cent in the market. "No man connected with such reports as go out of this office can have one cent’s interest in those} reports outside of the salary he draws for accuracy.” No Idea of Retiring H Colonel Hester is New Orleans' most famous citiizen. He has done much for the cotton trade and -for tits city. Though he is 80 he is not thinking of retiring, and- he insists no man is- old until he thinks he is. He smiles when asked how the 1926 flappers compare with the storied southern belles of his youth, back in the crinoline days. "The girls of today make ns good wives and mothers, when they marry, ns their grandmothers did.” he says. “And they know more and are better equipped to advise and assist their husbands than their grandmothers were. I am the firmest believer in, and the most ardent advocate of, the girls of today.” After his day’s work is done Colonel Hester goes home to his wife and his grandchildren and great-grandchildren. "I never think of cotton except when I’m in my office." he says. "That’s one secret of how I keep going.” (Copyright. 1926. NEA Service, Inc.) PLANE CATCHES FIRE Hoosier Lands, Extinguishes Flames, Resumes Trip. B?t T'nit rtf Vrrs* EVANSVILLE. Tnd., Dec. 7.—C. B. Purdue, a civilian aviator from Crawfordsville, Ind., made a forced landing eight miles north of here this morning when flames spread over his plane’s engine. Purdue and a companion in the plane were shaken up a bit and the under-carriage of the plane damaged, but not sufficiently to prevent resumption of their flight. They took off again shortly after landing, bound for Missouri, where they have planned a hunting trip. INJURED IN EXPLOSION .Man Throws Auto Gasoline Tank Too Near Fire. William Trimble, 26. 1455 W. Market St., had his right leg badly burned today when the gasoline tank on an auto which he was junking, exploded. Trimble intended to throw the tank into a refuse pile but it fell near a fire which he had built to keep warm. The explosion caught his clothing afire. Raymond Strother, a helper, smothered the flames with a grass sack. Trimble was taken to the city hospital after receiving first aid treatment.

PROBLEMS OF SL UMS REVIEWED A. E. Wirt Tells of State Housing Conditions. Finding of Alex Bankskl, 65, frozen to death in his shack on the Little Calument River banks Monday, caused Albert E. Wirt, director of the housing division of the Indiana State board of health to recall the dozens of "shacks” that he has inspected throughout the State and condemned as "unlivable.” That all Hoosiers do not have the comforts, let alone the luxuries of life, is shown from the dozens of pictures of "slum conditions” taken by Wirt in cities and towns throughout the State. Many of these display quarters that are almost unbelievably wretched. Freezing to death in them would be easy, and there Is also the constant danger of dying of disease. Whole families have been found living in a single room, with no water and scarcely any heat. Indianapolis is not entirely free from such conditions, although here, as in other places, city, county and State health authorities cooperate in regulating housing and trying to keep places livable. There are "slums” In this city where quarters for a family are had for a few dollars a month, Wirt declared. His records shew that during the last two years, 500 places throughout the State have been ordered vacated as unfit for human habitation. Only four cases ever were appealed to the courts by “hard-boiled” landlords.

OPPOSE DROPPING OF CASE AGAINST JUDGE 10 DOIT Several House Members Demand George W. English Face Trial. Bu United Press WASHINGTON, Dec. 7.—A movement is under way in the House to force former Federal Judge George W. English of the eastern district of Illinois to stand trial before the Senate for alleged tyrannical conduct in office. 'English was impeached by the House and was to have been tried by the Senate, acting as a court of impeachment, Nov, 19. Several days before the Senate convened the jurist resigned. House prosecutors told the Senate when it convened for the impeachment proceedings they desired the case to be dropped and would ask the House to quash it. Now several members plan to insist English be tried, so that, if convicted, he will be barred from holding office again. The House will be asked either Thursday or Friday to quash the case. Representative La Guardia, New York,' who will oppose quashing it, on the plea that the Federal courts will suffer a loss of confidence if English is not tried. FAMILY S RETURN SCARES BURGLAR Runs Out Back Door—Minor Thefts Reported. Retufn of Fred J. Brlnkmeyer and his family to their home at 3551 N. Meridian St., Monday night probably prevented a robbery, police said today. On entering, they heard a man run out the back door. Though the house was l insacked, nothing had been taken. Auto tire thieves were busy during the night, the following losses being reported: Ralph Baker, 2314 Kenwood Ave., three tires, valued at S3O; T. J. Marcus, Plaza Hotel, two tires, worth S6O, and .bert Garrison, 2549 N. New Jer: y St., one tire. Several thefts of < .iiing from parked cars also were noted. The Crandall Donnell Company, 325 N. Pennsylvania St., reported its warehouse at 532 Cincinnati St., burglarized, and two motors valued at SIOO taken. Jesse Hanft, 816 E. Forty-Second St., stated his summer home at Fall Creek Highlands, north of the city, was burglarized and interior decorations and furniture valued at S3OO taken. LICENSE DEADLINE SET Automobiles Must Have New Certificates by Feb. 1. All motor vehicles must have new license plates and certificates by Feb. 1, 1927, according to an announce: ment made in the Secretary of State's office Monday. This is setting the deadline two weeks earlier than last year. The new license plates, which will have a black background and white figures, will be ready for distribution by Dec. 17. They will be available at the State House and at 112 branch offices throughout the State. SOAP MERGER PROPOSED [tv United Press KANSAS CIT % Mo., Dec. 7. Forty-five million dollars ivould he represented in the capitalization and assets of two of the largest manufacturers of soap in the United States, which are planning a merger, according to announcement here. The Palmolive Company and the Peet Brothers Manufacturing Company would be merged Dec. 31, according /to A. W. Peet, president, and N. N. Dalton, first vice president, of Peet Brothers.

DEO. 7, 1926

SCHOOL BOARD * TO MEET WITH CIVIC GROUPS Wili Be Next Step in Fight to Remove Financial Handicap. Holding of a conference with representatives of about fifty civic clubs and organizations which have Indicated they would appeal for corrective legislation will be the next move by school board members in their attempt to remove the handicap placed on their building program by the recent tax cut, made by the State tax board. This announcement was made by Theodore F. Vonnegut, school board president, following a board meeting Monday afternoon at which preliminary plans for attack on the State tax board were made. Follows Refusal The civic club backing followed the refusal of the school board to consider a petition submitted by east side clubs, asking that a high school to be built In Irvington. Suggested methods of alleviating the board’s financial situation are: Curbing the power of the tax board; changing the tax board personnel, and direct vote of the people on school tax levys and budgets. It Is understood that the latter method of submitting school money affairs to a referendum vote of the citizens is favored. Meeting Today The school board will meet In special session this morning to discuss the 1927 building program and consider a number of equipment bids. A petition to appropriate a tract of land at Nineteenth St., and N. Brookside Pkwy., as a site for School 81, was filed in Circuit Court Monday through Martin M. Hugg, school board attorney. APPOINT R. B. COAPSTICK C. of C. Traffic Head Chosen Representative of Freight Assn. R. B. Coapstick, head of the traffic bureau of the Indiana State Chamber of Commerce, has been appointed representative of the Central Freight Association and vice president of the Indiana-Illinois shippers’ committee, in connection with the Interstate Commerce Commissison's investigation of freight rates on iron and steel wire, bars and shapes and castings in the territory east of the Mississippi River and north of the Ohio River, Manufacturers of these products in this State are also represented by Coapstick through his connection as head of the traffic bureau. He returned from New York City Monday, where he attended a preliminary conference last week concerning the investigation to propose a schedule of rates for these products in the official classification territory that will eliminate tliscrimination, and to ascertain if they pay their proportionate share of freight revenues. NEED BRANCH OFFICE Chamber to Seek IT. S. Commerce Branch for City. The growing importance of export business to local firms, together with the service which a branch office of the United States Department of Commerce could render firms producing articles which are yet to be introduced to foreign markets, were cited at a meeting Monday of the foreign trade committee of the Indianapolis Chamber of Commerce as reasons for their seeking the establishment of such a branch office here, it was announced by Carl S, Wagner, committee chairman. Plans.for entertaining Dr. Julius Klein, director of the bureau of foreign and domestic commerce of the United States Department of Commerce, during his visit here in January or February, also were discussed. The committee also discussed and favored the establishment of a mutually satisfactory parcels post agreement with Cuba which will eliminate difficulties which threaten to terminate American parcels post trade with that country. AIRPORT BODY MEETS To Consider Mail Route Here Upon Completion of Hangars. The Indianapolis Airport Corporation will consider the project of an air mail route from Indianapolis to two or more connecting points, as soon as the erection of hangars at the airport here is completed, it was announced today at the organisation's noon luncheon meeting at the Chamber of Commerce, by Paul H. Moore, assistant secretary. "The airport must be properly established first,” Moore declared. STOCK FARM IS SOLD Otto Huff, 322 E. Market St., today announced the sale of his 200acre Dandy Trail stock farm, located between' Castleton and Fall Creek on the Dandy Trail, to the Union Realty Corporation. The exact consideration was understood to be about $35,000 cash.

Have You Attended CLOSING OUT SALE Os all Men'* and Young Men'a Suits and Overcoat*. Men’s sls and S2O OVERCOATS All Patterns /t# QC All Colors Sale Price