Indianapolis Times, Volume 38, Number 216, Indianapolis, Marion County, 15 December 1926 — Page 17

DEC. 15, 1926

HOG PRICES MAKE 25-CENT UPWARD JUMP

INDUSTRIALS GO * 15 POINTS ABOVE OCTOBER’S LOW Urgent Covering and Fresh Buying in Early Dealings. Average Stock Prices Average of twenty industrials Tuesday was 180.65. up .64. Average of twenty •ails. 119.76, up .16. Average of forty bonds. 6213, up .09. and hieliegt „sineo .lan. 18. 1917, when average was 96.3 u. Itii United Press NEW YORK, Dec. 15.—The Wall street Journal’s financial review today says: Tuesday’s aggressive advances in the general list carried the Dow- ■ femes industrial average to new high ground on the movement at 160.65, a recovery of 15 points from the October low. Tills evidence of sustained rallying power induced further urgent covering and fresh buying in early dealings today on the dock exchange, bringing about additional gains in speculative leaders. Steel common reached the best A'evels of the present advance at 154, ■ l> -li, from'the previous close, while r ßaldwin jumped two points to anew record high at 16512. General Motors gained % to 152, and Allied Chemical % to 140%. Banks and Exc!*.:."“3S —Dec. 15— INDIANAPOLIS STATEMENT Local bank clearings Tuesday were $4.309.000: drbitH. $6,974,000. DOMESTIC GRAINS ERAGTION LOWER Opening Quiet on Chicago Board of Trade. Bu United Press CHICAGO, Dec. 15.—A1l grains opened quiet on the Chicago Board of Trade today. Lower foreign cables caused a general fractional decline in prices. Wheat opened unchanged to Vic lower. Chicago wheat prices are nearing a low for the crop. Corn lost fractionally opening %c to Vic off. The recent cold wave over the corn belt has greatly increased for feeding, but corn continues to follow the leadership of wheat. Ooats opened unchanged to %c. dower. This cereal is still showing Pnrm independent strength. Provisions opened unchanged from Its higher close of Tuesday. Chicago Grain Table —D-c. 15WHEAT— Prev. High. Low 11:00. olos ■ Dec 1.39 1.32% 1.39 1.38 May 1.39 >4 1.38% 1.39 1.38% JU COR'n’ • ' 1-32 ** 131 14 1.32 1.31% Dee. .‘.77, .74% .73% .74% .74 May 83% .82 .83% .82% JU 0 vtfs ‘’ ’ 85 ’ l/ * -86% .85 Dee' ..77 46 Mar 50% .40% .50 .50 July 48% .48% .48 % .18% RYE— De<- 89 ik .80% .80% .89 % May 96% .96 % .96 % .06% July .... .05% .95 .05% 415% LARD— Jan 12.05 11.03 11.07 March ... 13.17 12.13 13.00 May 13.07 RIBS— Jan 13 8., May 13 00 Produce Markets Butte, (wholesale prices > Creamery best, grade a pound. 56 ©s7c. BuUerfat —Local dealers pay 54 ©ssc. Cheese ( wboiesale Gelling prices) Was •onsln Daisies 24 (ft 25c- Longhorns 24 it 27c: IJmburger, 37c. Eggs—strictly titsU delivered at Indian spoils. 40c. Poultry Fowl*. 10 ©32c: Leghorns 1 3 ©l4c ducks 15 @ 18c CLEVELAND. Dee. 15.—Butler Exira, 68 ©s9c in tub lots; extra firsts. •9c: firsts, 47c: ordinary. 36c.; pullets. !3c. Poutry—Heavy fowls ami springers mostly 25©26c: few. 27e: medium stock, 3©24e; Leghorns. 17© 10c; cocks, IH si 17c: ducks. 25©37c: medium. 33©24c; c esc. 21 ©23c. Potatoes—lso-pound sacks round whites Maine. 54.60fe4.75; Michigan Petoske.vs. $4.1 .>©4.25: Miclu. gan plain, $4©.4.15: Minnesota, and Wisconsin., s4fe4l9: Ohio bushel sacks. 51.65©1.75: 130-pound sacks Colorado Brown eautlcg and Idaho Russets. $4 25 ©4.3.>. (By Thompson & McKinnon) NEW YORK. Dee. 15.—A reactionary tendency developed yesterday in sugar future's. but as prices sagged it was noticeable that activity diminished. That has been the ease all along. The market lacks ilia stimulus of anything new in the trade situation. Another buying move in raws and granulated will occur soon. 1 think, and futures will reflect it. In the Cotton Market (By Thomson & McKinnon) NEW YORK, Dec. 15.—Cotton closed strong last night on buying orders of continental origin. Spot people tell me that Europe is still the best buyer. Exports are running the full capacity of such ships as are available. Wo are getting closer every day to the first upward swing. Local Wagon Wheat Local grain elevators arc paying $1.37 for No 2 red wheat utner erraoet* arrDurchappft on their merits* INSURANCE IS REQUIRED Mountain Climbers Carry Special Policies. Bn United Press VIENNA, Dec. 16.—At their last uneeting the Austrian Alpinists, an Pts.sociation of mountain climbers, decided to compel each member of their organization to take out insurance against accidents and death. A Hpedal policy covering all possible accidents which may occur during a climb la being negotiated with a local insurance company.

New York Stocks (Uy Thomson * McKinnon)

—Dec. 16— Railroads— Prev. High. Low. 1:0O. close. Atchison ..16)% 166% 160% 160% All Ost L. . . . ... ... 211 it * O ... 109 107% 108% JO7 % Caoad Pac. .. ... ... 165 C& O ... 164% ... 164% 164 C & NW... 83 % 81% 82 82,% CRI &P. 69 % ... tii) % 69 % Del & Hud 176% 175 176% 174 Del & Lac. . . ... ... 145% Erie 40% 40% 40% 40% Erie Ist pfd 51 % 49% 51% 49% fit Nor pfd 83 ... 83 83 Lehigh Val .. ... ... 105% K O South. 43%• ... 43% 43% L &♦ N 133 M K & T 34% Mo Pac pfd 90% ... 90 90% NY Cent. .139 137% 138 137% NY Nil & H 44 43% 43% 43% North Pac. 80% ... 80% 80% Not- & Wn 160% 166 160% 160 Per* Mary 119% ... 119% 118 % Pennsy ... 66% ... 56% 56% Reading... 90% 96 06 % 95% g Railway 118 117% 118 118% So Pacific 107% ... 107% 107% St Paul ... ... h St Paul pfd .*. ... ... t 9 St, L&S'W 63 % ... 63% til % St L & S V 101 ... 101 1 61 % Union Pac 161% ... 161 161% Wabash ... 40% 40% 40% 40 % W aba.'h pfd 75 $h 7o V 75% 75^ Rubbers—— jf/sk 16 % ’ io% *16% 16*s Goodrich .. 43% ... 4,3 43% Goodyr pfd. . . ... . 071. Kelly Spglld 9% ... ’f)% oil U S Rubber 60 % 59 % 60 60 % Kriuipments— A O and F ~ ... 104% Amer i.oco 110% ... lib ||||6 Am Stl Fdy 46 ... 45 44 % Bald Loco .165% 163% 16f% 11331! Gen Elec... 86 85% 85% 85% L |n ',a •• - 67% 66 % 67 66% N ) Airbrk 44% ... 44'i 431! Pr Stl Car. .. ’* 43*? Pu "man ..191% 190% ibb% 190 tv ISt A R 143',3 ... 142 14° Vi West Elec 08 % ... 68 % 09 ” Steels— Bethlehem. 47% ... 47% 47Si Colorado F 44% 44% 44% 44% Crucible . 81 % ... so% 80% Gulf S Stl 57 57 58% PC &I. 43% ..1 43% 4"'! Rep Steel ... 57 Sloes. Sheff 138% 138% 128% I S Steel 154<? 153% 154% 153%’ Alloy 30% ... 30 % 31 vanadium .39% ... 39% 40 Motors—■ Am Bosch. 17% ... 17% 17% Chandler... 24 .. -4 ‘>4% Chrysler -.43% 4i 41% 43 Bontl Mot. 13 ... 11% 11% Dodge .... 38% 37% 27% 39% Gabriel .. 30% 30% 30% 31% Gen Mot. 153 150 150% 1511* Hudson ..48% ... 48 49 Hup 23 ... 23% 32% Jordan ... 32% ... 23% •’7% Mack,... 100% ... 90% 100% Martm-Pa. .. . ... .. 21 % Moon 14% ... 13% 141; Nash .... 61% 61% 01% 01% Packard .. 37% 30% 37% 37 Pierce-Ar... 34% 24% 34% 34% Studebaker. 56% ... 55% 50% Stewart W. OS’, 06 % 08 66% Timken .. 79% 79':. 79% 79% WiHys-Over. 7% 23 % 23% 23% White Mot 58% ... 67% 59% Mbilng— Am Smelt 140% 140 1 40% 140% Anaconda . 48% ... 48% 48% Cerro Bn P 65% 64% 65 05 Inspiration ... ... ... 27% lilt Nickel. 38% 38% 38% 38% Kennecott.. 03% 63% 03 % 03% Tex G & S 49% 49% 49% 49 % U 8 Smelt. 36% ... 36% 36V* Atlanta R 111 % 111 111 % lit Cal Petrol. 31 ... 30% 31 Freeport T 33% ... 33% 34 Houston .... ... ... 58 % bid pend Oil 32% 31% 31% 31% Merlaml Oil 56 ... .. ‘, 55% Mideon Pete 33% . , . 32 * 31% P-A Pete B 64 63% lit 63% Paeiflo Oil. 2% 2 2% 2% Phillips Pet 55 \ ... 55% 50% Union Oil.. 53 ... 52% 52% Pure Oil . 27% ... 27V* 27% Royal Dtclt . . ... ... 49 % shell 79'a 29% 79% 29 % Sinclair ... 19 ... 19 10% Skelly .... 31% 34% 34% 34% SO of Cal. ss'* ... 68% 58 S O Os N .1 87% 37% 37% 38 Tp.xas Cos.. 57% ... 57'* 67 % Trans Pete 3 % ... 3 % 3 % Industrials— Ad Rumely ... pvt Allis Chaim 90% ... 99% 99 Allied Chiu 140% .. 149 139% Armour A. 16'* 16 16% 16 '* Amer Can.. 62% ... 52% 52 4* Alaska Gold 9 A H 4 L [ii . . ... ... 50 % Amer Wool 34% . . 34% 34% Coca Cola .168% 16814 168''. 1691* Coni, Can ..62% ... 52% 73% Ci rtainfi ed. . . ... ... 43% Davis Cheat ... ... ”6% Dupont .. 173 % 171% 172 172' F Players .116% ... 115% 118% Gen Asphalt 87% 86% 86% 86 % in Cm Eng. 46% ... 45% 46 Tut Paper.. 59% ... 59 59% Int Hel V 160 % 155 150 154 ', May Dp St. .. ... ... 137% Mont Ward ?1 *4 ... 71 7] Owen Bottle 88> 4 ... 88 Hi) *, Radio ... . 58 % ... 58 % 58% Hem Type. .. ... ... no Real Silk .. 43 42% 43 43 Scars Roeb. 50% ... 56 % 56 n* United Dg 166% ... 166% 167 USCI P 236 % ... 234 % 236 U 8 Tn Al.. 79% ... 78% 79% Woolworth 193% 192% 192% 102 Utilities.— Am T * T ... ... 159% Am W Wit 64% 64 64% 64 Brklyn M. 7.> 75 76 Col G & El 87% 87% 87% 87% Cons Cas.t 110% 110% 110% 110% Intcrboro... 52 % . . 5151% No Am Cos. 48% 47% 48% 48 Peoples G. 129% 129% 179% 1"8% I’hiia Cos ... pi 8 Has & El 55% ... 55% 56 v,cs Union ... ... ... 146% Shipping— Am In Cor 49% 40 % 40% 49% A S & Com 6 ... 6 5 % Commission Row PRICES ro RETAILERS FRUITS APDlea—Fancy Grimes Golden bbl $6: Indiana Jonathans, bbl., $5.50: Delicious 40-lb. $2: Pippin. 40-lb basket $1.35 Casabas-—Per crate J.j.fio Cider—s 4 50. W gal case. Cranberries—Centennials, box. $5: Jersey Howes, % bbl.. $5. Coconuts—Fancy Jamaica? sack ol 100 $5.50 Dates—Minaret, 36 pack, to box. $4.50: Dromedary 36 Dack to box *675- bulk dates, lie lb. Figs—l 2 nack. to box. #1.15: 00 pack to box No 6 $3: 24 pack, to box, fancy $3: 12 pack to box. black. $1.75; im ported layer. 10-lb box $1.90 ©2.if) Grapes—Emperor. $2.76 per lug. Grapefruit—Extra fancy. $3.50© 4fancy. $.3.25 ©3.50. Honey—24case crate. $4.50©6. Kumquats—Florida. 25c at. Lemon s—Cali 1 orn ia. $4,20 © 4.75 Nuts—lhdtana chestnuts lb,. 16®23c: she! I bark biokorynuts lb.. 2@3c: black walnuts, 3©3%c lb.- English walnuts 30 ©3Bc lb .Oranges—Florida. $3.f>0®4.25: California navels. $4®6.50. Pears—Oregon Bose. $5.50 box: Oregon D Annuls 35 hox Persimons—California Japanese. $2,25. Pineaonles—Cuba, crate. $6. Tangerine—Florida. $2.50 fe 4. SKA FOODS Oysters—Gal.. $2.40©2.85 VEGETABLES Artichokes—California. $1 dozen. Beans—Florida green. ner hamner M UU. Brussels Sprouts—Fancy California 26c ID. Cabbage—Holland seed. 2% @3c lb.: red cabbage, oc lb. Cauliflower—Crate $2 ©2.26 Lelery—Michigan, squares or flats $1.50; Michigan rough. $3.25: Michigan Jumbo. $1 dozen: California. $5.75., Celery Cabbag—Hox $1.60. Cucumbers— $3 dozen. Eggplant—Florida. $3.50 per do* Ga.rlm— Fancy. 12 %e )b. Kale—Kentucky sack $1 50- H G 76c oer bu Lettuce —Western Iceberg, ert.. $4.50. Mangoes—Florida peppers $6 crate Mushrooms—Pennsylvania. $1.50 for 3Ib. basket. Onions—H. G. yellow. 100 lbs.. $2.50: Utah Valencias 105-lb bag $2 50- Span tali. ert,. $1.75. Ovster Plant—H G 46c dozen Parsley—H G 50c oer bunch Peas—California, 57.50 per crate Potatoes—Michigan round white sack 4.L>: Minnesota early Ohlos. 120-lb bag. $4: Russets. $3.75. Radishes—Southern long reds 26c: hothouse buttons. sl.lO. Root Vegetables Tumlus. bu.. $1: parsnips, bu, $1.50: carrots, bu . $1.50: Canadian rutabagas $2 cwt.: H. G.beets bu, $1 50 Shallots—Louisiana 65c dozen. Spinach—ll G bu, $1.25. Sauash —H. G. Hubbard obi.. $2.60. Sweet Potatoes—lndians Jersey bu Tomatoes^—Six-basket ert. $6 HOLIDAY SPECIALTIES Cedar Roping—Faney sverirreen 20vard roll $1.50 Christmas Trees— Vermont spruce sin glee. *3.60©.): 2s per bundle. $2: 3s per bundle. $3: 4s per bundle. $2.25© 2.50: 5s per bundle. $2.26©2.50: 6s tier bundle. $3.55©2.50. Christmas Tree Holders—Green stamen wooden cross nieces 25 pairs to bundle $1.<6©1.90: permanent metal holdera. $8 per dozen. Holly—Fancy Delaware. $5.60 per case. Holly Wreath* Fancy 10-ln, $1.35® 1.50 per dozen. Laurel Roping—Fancy green 20-yard roll. $1 65.

Atlantic G. 40', 40 49% 39% 111 M M pfd 41 ' j 39 40 % 38 % United Ft- 121% 131% 131% 120% Foods— Am Sugar ... ... ... 85 Am B Sug ... ... ..... 27% Austin N.. il % ... 11% 11 Beech N P . . . . . . . , . , 59 Calif Pkg. 71% 71, 71% 7 Corn Prod. 50% 50% 60% ol Cuba A Sg 28 7 < % .8 27% Flotsclimau. 47% 47 % 47 % 48 % Jewel Tea. 47% ... 47% 4< % Nat Biseult 98% .... 98 98% Pimta Ale 47 ... 4>7 48% Postu m .. 190' y 99% 99 % 199 W Bk (B) 331s ... 33% .13% Toliacros— Am Sunia. 41% 40% 41% 39% Am Tob. ... ••• 121 % A T (B) 120% 119% 120% 120 Con* 7% Liggett *: .. 97% 97 97% 98. Lon lan, ! ! 119% 119 V? Ti’ IRI. 119 108% lift 199 % U Cig Stor P 7 . 96% !• S'gg Schulte KS 49% 48 U 49 '* 48% UTILITIES FEAR FOR COMMISSION (Continued From Pace 1) to the commission. Ellis had been secretary of the commission for a year and a half. That the forces desiring to retain the commission see a momentous struggle ahead was further indicated by the fact that Gilliom made a speech defending the commission before the Peru Rotary Club, Tuesday evening. Gilliom contended shat a return to municipal control of utilities would result In inenualitics between communities and even between customers in the matters of rates and service. He indicated he did not see the neeessity of. keeping municipally owned utilities under control of the commission. Power Users Indignant In several cases in Indian* In late years, cities owning utilities have made the complaint that regulatory bodies have hampered them in order to put municipal ownership in a bad light and private ownership in more favorable position. Meanwhile, large power users and representatives of householders in Indianapolis continued indignant over the Governor's sudden shift in the commission. A. Leroy rortteus, president of the Federation of Community Civic Clubs, said Tuesday: “While I hesitate to ascribe an ui terior motive, yet it looks suspicious to me. It is a shame that the Governor should permit himself to be so used as to obviously be a party to the removal of a friend of the public on the public service commission." Attorneys representing the objee tors of the merger conferred In the office of Frederick E. Matson Tuesday afternoon and outlined a plan of campaign for the prosecution of the ease. The Public service commission will hear the oral argument of the objectors in the Senate chambers Thursday at 1 p. m., at which time the motion to dismiss will he argued, based upon the questioned Jurisdiction of the commission and the insufficiency of the petition. Amendments Filed Some amendments to the amended merger petition, designed. It is thought, to meet objections that might be raised, were filed with the commission today by the three petitioners, the Indianapolis Tower and Light Company, purchaser, and the Indianapolis Light and Heat and Merchants Heat and Light Companies, Financial details of the proposal are clarified in the paragraphs which, it is asked, should he substituted for paragraphs in the amended petition. Permission is asked to strike out the paragraph giving cost of the purchase of the two as $38,679,000 and putting in its place one giving the cost, of buying the 'lndianapolis Light and Heat as $30,168,00.0 and that of buying the Merchants Heat and I4ght at $8,611,000. Plan Campaign W. B. Harding, president of the G. & J. Tire Company, one of those fighting the merger, doubted the advisability of a change on the commission in the midst of such an important procedure. “Mr. Artman was exceptionally fair at all times and it is an unusual procedure to make a change under existing conditions,” he declared today. MARINE PLANES DOWN i Four Out of Flight—Others Expected at San Diego Late Today. Bv United Press WASHINGTON, Dec. 15.—Two of the Marine planes, piloted by noncommissioned officers, en route from Quantico, Va„ to San Diego, Cal., were forced to abandon the second leg of their transcontinental flight when they crashed respectively at Sadens, Texas, and Tucson, Ariz., according to dispatches to the Navy Department today. No one was injured, but the planes were unfit for further progress. The other Marine planes, with the exception of two which landed at Lordsburg, Ariz., reached Tucson, safely yesterday. It is expected they will reach San Diego late this afternoon. PLANS GYPSY COLONY Each Family Offered S2OO and Land by Soviet. Bu T lifted Press MOSCOW, Dec. 15—The All-Rus-eian Union of Gypsies has been asked by the Soviet government to find out how many gypsies want to stop roaming. The government has launched a plan to settle gypsies in a colony of their own in the Caucaus and has offered to give Jpnd and S2OO to each family that settles down.

THE INDIANAPOLIS TIMES

Bulk Offered at $11.60 — Calves Advance —Others Steady. —Hue Uric Rattte— Dec. Bulk Too Receipts. 8 12.00 12.00 8.000 9. 12 00 12.10 7.500 10. 12.00 © 12.10 12.10 6.500 It. 12.00 ©12.10 12.10 4.500 13. 11.75© 11.85 11.85 6 500 14. 11 59 11.60 8.000 16. 11 60© 11.05 11 65 7.000 After a SO cenl/reduction the first two days of the week, hog prices were again on the upward trend today. They were selling unevenly 10 to 25 cents higher, largely 15 cents up. This move was in sympathy witli an advance of prices In the chief competitive field. Receipts were estimated nt 7,000. Three bun dred and forty-seven were held over from Tuesday. The hulk were sold nt $11.60®) 1t.65, some selected light weights at $11.75. The latter was the top price paid. Hog Price Range Most of today's run fell in the 120300 pound class. These brought $11.60®11.65. Porkers 300 pounds and heavier Mere quoted at sll (ft) 11.50. racking sows went at $9.50 010.75. Cattle remained steady. Receipt:' estimated 1,600. Prices on beef steers were $8 EOgribso: bulk stock and feeder steers. $6.50® 7.75; beef cows, ssfe7: lew cutters ami cutter cows, $3.60ff4.75. Calves Higher The calf market opening was active, with the stock selling largely 50 rents higher. Best vealers cold at sl4 down. Sheep and lamb receipts were estimated at 1,700.f Fat western lambs comprised 1 lie major portion of these. The market was active fully steady, with a tendency to he higher. About three hundred desirable fed westerns went at sl3. Other denis were made at $12.25 and sl2 60. Best natives sold for $12.25 early in the day. Top fat lambs brought $!3; bulk fat lambs, $12.25© 12.50; bulk cull lambs, $5.50ftf8.50; ewes, $7 down: bucks, s3@s. —Hoc* Rrorlnt* 7.0O0; market Writer. 120-3'Ht Ibe *ll flofell .05 309 lb*, up 11.00© 11.60 —Cattle— Receipts, 1.H00; market steady. Beef steer* $8.50© II 59 Bulk envker and feeder steers 6 50© 7.75 Beef cows 6.09© 6.50 Low cutter* and cutter cows 8.50@ 475 —Calve* Tteeeipts. 800; market Writer Best realer* $13.00© 14 00 Heavy Calve* 0.50® 8.50 ■ Sheep Receipts. 1.700; market steady to higher Top fat lamb* sl3 00 Bulk fat lambs II ""fe 13.90 Bulk cull lamb* 5.50© 8.50 Ewes 7 00 down Bucks ' “ITLII • a -00it 600 Other Livestock CINCINNATI. Dec. 15.—11 of a— Be >”i|ite. 3,790; held over. 78'..’: market 25© 50c higher, 250 to 359 lbs sll © 12; 300 to 25" lbs. *11.85'! 13 10b to 299 lbs. $11.85© 12: 130 to 10" lbs.. *ll 75 ©l2; 9" to 130 Iba.. *1"13. picking sows, 90.250 10.26, Cattle—Receipts, 450; calves, 499; market study: he, t steers, $6.5909; light yearling bii- rs and heifers. $6©10.50; Iteef cows. $4.50© 6,25: low cutter* and cutter cow*. $3 59 ©4.25; vealers. $9.50m 13! heavy calves. s.t©9: bulk stocket- aul feeder steers, $6 i. Sheep—Receipts. 599: laml>* s(ic higher; top fat latttits. sl2 50: bulk fat lambs. s9© 12.50; bulk cull lambs? $1 fe 0; bulk fat ewes. $3©.5,50. CLEVELAND. Dee. 15.—Hog—-Receipts. 3.0"0: market slow, steady; 250-350 lb-. 51 3 © 12.10: 209-359 lbs.. $1212 I.V 109 290 'bs . $12.10© li 26: 1.30 160 lbs.. $12.10© 12.25; 99-139 lbs. $12.15 ©l2 packing sows. $10.26© 11.25. Baltic—Receipts, 459; calves, reieipls, 359; market. steady to higher: beef sters. $8 8.50; beef cows, $4,50 0 5 50; low cutter and cutter cows. s3© 4.25: vea'ers. sl4© 15. Sheep—Receipts. -.000: market, steady; top fat lambs. $13.25; bulk fat lambs. *l3m 13 25; bulk cull lambs. $8©10; bulk fat ewe*. S4OO. LOUISVILLE. Dec. 15. Hog-Re-ceipts. 700; market, roughs and stag* steady, others 15c higher; tops. $1155. •attle—Receipts. 200; market steady. Ualf—Receipts 2O0; market, stotd.v; good • o choice, slo© 11,50; medium to good. sß© 10. outs $8 dwtl. Sheep—Receipts. 50: market, steady, ton lambs sll© 11.50: second*. $7 u 7.o0: sheep. ss© 5.59. TOLEDO, Dec. 15.—Hogs—Receipts. 1.090: market market. 25© 40c higher h< avies, sll4o© 11.50: mediums, $11.60 ©11.75: Yorkers. sll 500 11 7*>; good lugs. sll 75©12. Calves—Market, slow. Sheep and lambs—Market steady. CARE OF INDIGENT UNDER DISCUSSION Committee Plans to Abolish County Institutions. A general meeting of heads of fraternal and patriotic organizations will be vailed soon to draft a legislative bill to abolish county infirmaries. A meeting was held Tuesday at the Dennison, when a bill prepared by Harry B. Dynes, conciliator for the United States Department of Labor, was read. This bill provides a State infirmary to he built for Ihe indigent, thereby doing away with the county institutions. Opposition was offered hy John W. Theil, State representative of Lake County, who will introduce the bill drafted by this committee into the Legislature. This measure provides an old-age pension plan of caring for the destitute. John Snyder of Crawfordsvilie, president of the National Fraternal Congress of America, was elected chairman of the committee. Miss Rhoda Welding, general secretary of the Family Welfare Society of Indianapolis, was chosen secretary. Twenty-four members representing fraternal and benevolent societies, constitute the committee. IGNORES CHAPLIN CASE 81l United Press HOLLYWOOD. Cal , Dec. 15.—Will Hays, czar of the motion picture business, has decided he will not interfere in the domestic wrangle between Charlie Chaplin and his young est-areed wife. Lita Grey. “Charlie Chaplin’s domestic troubles are none of our business.” Fred Ruetson. Hollywood representative for Hays, said today. “If club women see fit to ban Chaplin’s films, as they did ‘Fatty’ Arbuckle’s picture*,, they will have to do that by themselves.” Reports were current in the film colony that a divorce scandal would result in an immediate baik on the comedian’s pictures.

Indianapolis Stocks

—Dec. 15— —Storks— Bid Agk Am Central Life 330 ... Amer Crcjgoting' t>J pfd . . . 100 % Ad Rumely Cos corn 9 % 10 Ad Rumely Cos pfd 34 34 % Belt R R com 06% 70 Belt R R pfd 67 02 Cent Jnd Tower Cos pfd... 87 88% Ccivurv Bide Cos old 100 .. Citic* Serv Cos com 49 % ... Cities Service Cos pfd 03% Citizens Gas Cos com 60 51 % Citizens Gan Cos Dfd 105% ... Commonwealth Loan Cos pfd 97 ... Kmutahie Securities Cos com 51 ... Hook Drue Cos com 29 ... Indiana Hotel com 113 ... Indiana Hotel pfd 103 ... Indianapolis Gas 58 01 Itidnls & Northwestern pfd. 48 ... lndiananolls St. Ry 41 43 Interstate Pub Scr pr lien pf 97% 98% Merchants Pub Util Cos pfd..loo ... Progress Laundry com 22 ... Pdb Sav Ins Cos 14 ... Raub Fertilizer pfd 48 ... Real Silk Hosiery pfd 90 100 Standard Oil Cos bid 05% ... Sterling Fire Ins Cos 15% . . T H I & E com I 3 T H 1 & E ptd *B3 26 T H I*l, Cos pfd 89 Union Trac of Ind com Union Trac of bid Ist pfd.. .. 10 Union Trsr of Ind 2d Dfd.. .. Union Title Cos tom . . 86 Van Camp Pack Cos pfd.... 10. .. Van Camp Prod Ist pfd.... 91% 96 tan Camp Prod 2d Dfd.... 95 Wabash Rv Cos com 41 ... Wabash Rv Cos pfd 75 ... —Hank Storks— Aetna Trust and Sav Cos ...115 ... Bankers Trust Cos 132 *.. City ITusi Cos . . >4O ... Continental National 110 ... Farmers Trust Cos 339 ... Fidelity Trust Cos 100 ... Fletcher American 109% ... Fletcher Ssv and Trust C 0.251 Indiana National Bank ...207% 209 Indiana Trust Cos 229 249 Livestock Ex Bank 162 172 Marion countv State 8ank..175 ... Merchants Nat Bank 325 ... Peoples State Bank 290 ... ,rl'riis' . . . 26C . State Savings nd Trust 95 Union Trrsl Company 493 428 Wash Bank and Trust Cos.. 158 ... —Bonds— * Belt R R and Stockyard* 4s 99 -ii. Broad Ripple 5* 79 82 % Central mdiana Gas 55.... 98 ... Cent In l Power Cos 0s 99 ... Cent Ind Power Cos 7s 99 ... Citizens Gas Cos 5s 1"0% ... Citizens St R R 5s 85 80% Home T and T ot Ft W os. .103 104 Indiana Coke and Gas 0a .. .102% Indiana Hotel 5s 98% ... Indiana Northern 5s % ... 'nd Rv arid I.t 6* 95 ... Ind ServTee Corn 5* 92% ... Ind Union Trao 5s 4 ... Indpls Col & So 6* 99 191 Indies Gas Cos >s 99 99'% Indpls Li and Ht 5s 191 % ... Indpls & Martinsville 5s .. . 63 67 buiiananoiis Northern 5*.. 24 25 Indpls & Northwestern 5a ..04% 67% Indpls & S E 5* 2 8 fndnls Shelbv A S E 5* ... 2 Indpls St Ry 4s 61 00 Indpls Trac & Term 5s ... 94 % 90 •idol* Union Rv 5s 101 ... limp's Water Wka Sec Cos.. 98 ... Indpls Wafer 5%s 103% ... Indpls Water 4%s 94 94% Interstate Public Service 05.103% ... Interstate Pub S B* 0%5..194% ... r H 1 Sc E 5s 7n T H T and I.! 5s 93 Union Trac of Ind 0* .... 20 23 —Liberty Bonds—--Ist 3%* 190 70 100 8* Ist 4 '.* s 1 trj.74 102.89 •Vi 4'* s 109 80 100.90 3d 4',* 10139 101 19 4th 4'.# 103.20 193 39 U s Tr 4 s 199 84 199 90 l T STr 4s 195.89 105.84 U S Tr 4 ’*s 103 80 102.90 —Sales—--39 share* Tndianspoiis St. Ry...... 42 IDOLS OF NOVACULITE Believed In Hnve Been Made By Earn Antedating Indians. Bn A UA 8' refer TULSA, Okla., Dec. 15.—Novaeulite idols, believed to be the work of a race more ancient than the Indians. were discovered recently near Jonesboro, Ark. 0 W. L. Foster, professor of science at the University of Tulsa, asserts the find will form anew link In scientific study of the old continental races. Human heads and hands and feet of black trap stone, images o tapir, frogs, eagles' heads, alligators and snakes, marbles of colored stone and a Jewel box of lava-like materials, formed the collection. Novaculite. a silecious silk resembling slate is native to Arkansas. One of the images was a life-size head of novaculite. with eyeballs of silver and pupils of copper. DOUBTS BEING SENATOR McCormick's Widow Hoes Not Expect to Get McKinley ITace. Bu United Press WASHINGTON. Dec. 15. —Mrs. Mcdill McCormick, widow of the for mer Senator from Jlllinois. refuses to take seriousy reports that Governor Len Small of Illlinois will appoint her to (HI the unexpired term of the late Senator William McKinley. “f think it is very humorous,” Mrs. McCormick said on leaving tlie White House today. “I cannot picture Governor Small appointing me to any position.” Senator elect Frank L. Smith, who will take office March 4. normally would lie appointed to fill out the McKinley term. JURY BACK ON PROBE Quiz Body Completes Routine in)titries and Report. With tHe disposition of jail cases und final preparation OfAhfi institutional report in sight this afternoon the Marion County grand jury was expecied to return to its probe of alleged corruption in Indiana politics. Prosecutor William TT. Remy was making’preparations for a trip. Deputy Prosecutor W. 11. Shcaffer was back after being out of town Tuesday. CITY ALDERMEN SUED Bii United Press SZAKOLCA, Czecho-Slavakia, Dec. 15.—Each of the twenty-two socialist members of the municipal council of tliis village were fined the equivalent of $lO because they allowed their political enthusiasm to override their sense of discretion. Some months ago these twentytwo aldermen sent to the village mayor a letter in which they accused the local auditor, Rudolph Mandeiik, of misusing his office to the detriment of Sazakolca. In this letter they enumerated a number of facts which for a time made things look very black for the auditor. In order to clear hia name Mandeiik sued the socialist alderman for slander. They were not able to bring into court evidence enough to prove ’their “facts.” American Telephone and Telegraph Company BELL SYSTEM 149th Dividend The regular quarterly dividend w Two Dollars and Twenty-Five Cents ($2.25) per share will be paid on January 15, 1927, to stockholders of record at the close of business on December 20, 1926. H. BLAIR-SMITH, Treasurer.

FAMOUS AIK OF GOLD RUSH DAYS TO CLOSE SOON Comstock Lode Yielded 40? Million in Ore in Thirty Years. Bu Times Special SAN FRANCISCO, Dec. 15.—One of the most stirring chapters in the history of the gold rush days, dealing with miners and saloon keepers wiio later became multi-millionaires and the founders of huge family fortunes, is recalled with the announcement that the famous Comstock Lode, in Nevada, will close. At one time the Comstock Lode was the richest of all western mines. Its discovery in 1859 transformed Virginia City into a teeming mining town and in the next thirty years nearly $400,000,000 was taken from its veins. I.unch for Wanderers But the real story connected with tha Comstock Lode centered in San Francisco. Two miners later to become famous —John Mackay and James G. Fair—wandered into town and pooled their resources with two waterfront saloon proprietors, Jamf's C. Flood and William S. O'Brien. Each of the four was destined to become fabulously wealthy. With their pool of $250,000 the quartet started out to buck the "Bank of California crowd,” which controlled the Comstock Lode. William Sharon, later a United States Senator, was a moving spirit in this stock exchange clique and in the bitter fight that followed he threatened to drive Mackay out of San Francisco in rage and called O’Brien and Flood “big waterfront whisky men.” “Break” Bank Flood came back with the assertion that some day ho would sell whisky over the counter of the Bank of California. Flood and his partners, later known ns the “big four” of the "Bonanza crowd," eventually rounded up enough of the Bank of California liabilities to send that institution to the wall. With the Bank of California out of the way, the "big four" became *miitimillionaires and their names are still names of power. But the CotnFtook began to fade in 1890. Low grade ore and drops In the price of silver have combined to discourage the owners, who have thrown in about $10,000,000 in an effort to coax further riches from the mine, and a sign telling of the approaching abandonment has just been posted on the famed property. A botanical clock grows on the isthmus of Tehuantepec, Mexico. In the morning the flower is white, at noon red. and at night blue.

Electrified News HOOKING UP” a city on a UNITED PRESS news system is an event of greater import than the coming of a railroad or the opening of irrigation. A telegraph wire is led into a newspaper plant—the proper mechanism attached —and the community then has established an exchange of news with the whole world! I The smallest town may have the same wealth of news that the people of ti - greatest cities enjoy. Asia, Africa, Japan become as closein the matter of news transmission —as the nearest village. This newspaper is a client of the UNITED PRESS Associations, one of the greatest newsgathering organizations on the globe. Its lines of communication gird the earth as a net-work. News is electrified. It travels with the speed of light. And back of it is the enterprise of this great American organization with its own highly trained staff of men at home and in foreign lands. The UNITED PRESS newspaper of any city 5s always a a uperior newspaper. The Times

$3,000 FOR DOG BITE! Sum Awarded Parents for Child’s Injury. Bn United Press QUINCY, 111., Dec. 15. —Ownership of a dog declared to be vicious, may cost Martin Me Mann of this city $3,000. A jury awarded Richard Rohweder that amount following a suit for damages filed after McMann's dog turned on Rohweder's 4 year-old son and bit him. The child was almost killed and will carry scars on ids face and arms for life, according to evidence presented. holudayposT PICKS CAMPBELL Motor Car Firm Employe Eiected Commander. C. Alfred Campbell, sales promotion manager of the .Stutz Motor Car Company, was elected commander and Lawrence N. Helm, commercial agent of Norfolk & Western Railway, adjutant of John 11. Holliday Jr. Post, No. 18G, of the American Legion Tuesday night. Other officers named for 1927 were; First vice commander, 11. H. Martin: second vice commander, I*. W. Bugbee; finance officer, Elmer 1,. Goldsmith; sergeant-at-arms, J. TT. famine; athletic officer, James Jordan; historian, Herbert Hill, and chaplain, Dr. Charles H. Henry. Aaron F > Head is the retiring commander and Carl R. Switzer the retiring adjutant. Tom S. McConnell, Fowler, Ind., past State com mander, spoke. | Far and Near NEWARK, N. J.—Mrs. Carl D. Pfender has sued for separation, charging that her husband, although a woolen broker with an income of $150,000 a year, gave her no spending money in twenty-one years. NEW YORK.—May Walker, 40. was held, charged with "fishing” in a church |>oor Itox with a wad of chewing gum on a stick. BROOKLYN.—Bare legs were all right In ancient Greece, but not in Brooklyn, authorities of the Eastern District High School ruled in announcing disciplinary action against six girls who capered without stockings in a classic dance at a senior entertainment. NEW YORK. —American holdup men are too tnnrh for IJoyd’s of London, who usually will take any insurance risk under the sun. Lloyd’s has informed its American representatives that blanket policies covering loose jewels canned by salesmen will no longer he issued because of the numerous * holdups. NEW YORK.—Mr*. Belinda Milatz, policewoman, has been suspended. charged with being drunk on duty.

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ADVERTISING FOR SHORTRiDGE BIDS GEIUNDER WAY School Board Approves Final Plans for New Structure. Advertising for bids and negotiations to sell bonds for the new Shortridge High School were started today, following the apaprova! of the final plans for the new building by the school board Tuesday night. The action, ending a battle which for years has been a disrupting subject in Indianapolis school boards, was taken unanimously, minority members Fred Bates Johnson and Charles R. Yoke waiving their standing objections in order not to delay longer the project. “We still contend that the new plans represent waste and extrav aganoe in some respects," declared Johnson, speaking for both hitnseif and Yoke. Object to D-I “Our main objection is to the D f (direct-indirect) system of ventilating, but we are voting with the majority faction because we do not wish to see the project delayed." The system of ventilating referred to is manufactured by C. 1. Shipp, a local man who lias been involved in many school controversies. Bids probably will not. be opened before Jan. 14. Charies R. Kern, chairman of the buildings ami grounds committee, announced. Building will start soon thereafter, he. said. , Revision of the original program of elementary school building for 1927, caused by the 9-cent reduction in the school city tax levy by the State tax board, - also was generally approved by the board. In Program A ten-room structure to he known as School 85, near Arlington and Oak Aves., to relieve congestion at School 67, Ritter Ave. and Washington St., and another new school on Fifty-Seventh St., between Dela ware St and Broadway, to be known as School 84, together with a sixroom addition to School 62, Tenth and Wallace Sts., are included in the new program. Other constructive w r ork, planned to be done on bond isssues, includes a six-room addition to School 47, costing $94,500; an eight-room addition 1o School 73, costing $141,760, and a six-room addition to School 43, costing $54,000. Appointments announced by E. U. Graff, superintendent, of schools, included Josephine Ahbett, Daisy Garrison, Ruth Knappp and Grace Barker, elementary schools Juliette Trusting, Shortridge High School, and Harold Ivncpp, Manual Training High School. Hens scratching in a sand pit on the golf links at Fleetvvood, England recently caused the discovery of 400 Roman gold coins.