Indianapolis Times, Volume 38, Number 218, Indianapolis, Marion County, 17 December 1926 — Page 31
DEC. 17, 1926 _
Automobiles for Sale TODAY'S Outstanding Values in USED CARS Save depreciation by accepting the sign of the Red Seal as an indication of our guarantee. Remember a used car is no better than the people y a buy it from. A few of our late models. Remember Our Personal Service Coal truck: 800 down: 1025: rebuilt motor, (food cal) and body, solid rear tires. A truck ready to go out and make money. 1025 Ford coupe: balloon tires; good roadster; spare tire; lock wheel. See this it you want a bargain. $205 cash or terms. 1928 touring; five new cord tires, new paint: personal service: thirty-day guarantee: upholstering and top like new: SIOO down. 1925 tudor: five balloon tireß: delivered just before the new models: looks like now Inside: a car you need not be ashamed to drive anywhere: SIOO down. 1922 touring: runs good: looks good: five good tires; very special. $75. cash or terms. i 1923 Fordor: good tires, paint and upholstering: mechanically good: $75 down. 1924 Coupe: good paint, oversire cord tires, shock absorbers, good upholstering, new top lock wheel: SBS down. Wamgeliiii-Sharp Company Two stores for your convenience. 443 Virginia Ave. 962 N. Meridian St. Drex. 5020. Open every night and Sundays. A Used Car for the Family’s Xmas Any of the following will make a real gift of endurance. 1925 Chrysler 70 coach. 1925 Overland six roadster 1925 Jewett brougham 1925 Oakland coupe 1925 model Hudson coach 1925 Nash coach 1926 ForA coupe , 1925 Chrysler 58 coach 1925 Dodge coupe 1D26 Essex coach 1925 Buick Master 6 coach 1925 Auburn sedan 1925 Ford roadster 1926 Chrysler 70 sedan. 1925 Chrysler 70 sedan. 1925 Chrysler 70 coupe. 1926 Chrysler roadster. Terms or Trade Carl li. Wallerich, Inc. USED CAR DEPARTMENT. 314 N Delaware St. Main 5588 Open Evenings and Sunday. ARMAGOST AUTOMOBILE CO. Ford touring car $35 Ford touring car $25 Overland coupe $35 Cleveland touring $35 flaynes sedan $95 Ford coupe .$35 Chevrolet sedan $45 Studebaker Big 6 touring..s9s Anderson Touring $95 209 W. North St. MA in 3264
VISIT THE USED CAR DEPT. OF t *tOIAWQ& 625 N. Capitol Ave. Open Evenings and Sunday. MA in 4708 $50.0(0) DOWN CONVENIENT TERMS 20 STUD. SrEC. 6 SEDAN $200.00 21 STUD. LIGHT 6 SEDAN 175.00 22 AUBURN SEDAN .. 200.00 22 OAKLAND COUPE 175.00 THESE CARS IN GOOD CONDITION AND HAVE NEW PAINT. R. V. LAW MOTOR CO. 112119 N. MERIDIAN MAIN 4084 Open evenings and Sunday WILLYS-KNIGHT 4 COUPE SEDAN 1924 model; 5 tires without a blemish; motor in perfect condition; In appearance and performance this car will meet rigid Inspection. Owned by a careful, conservative party. The price is low and terms can be arranged. LOCOMOBILE 955 N. Meridian. Lin. 1171. HUPPMOBTI.R, four-door sedan: reflnlshcd and excellent rubber. This car is a real bargain. CENTRAL BUICK CO., I'sert Car Store. 120 W North St.
HOG MARKET AVERAGES 10 CENTS LOWER
GARY’S REPORT BRINGS THRILLS TO WALLSTREET Wild Disorder Follows — Steel Hi is Its Highest.
Average Stock Prices
Average for twenty industrials Thursday was 159.32, o 1.81. Average of twenty rails. 110.90, off .58. Average of forty bonds, 00.12. unchanged. Bn United Press NEW YORK, Dec. 17.—TJhe Wall Street Journal's financial review today says: Declaration of a 40 per cent stock dividend by the United States Steel Corporation, an event to which Wall Street has been looking forward for many months, evoked an outburst of enthusiasm on the whole market at the opening today. Trading around the Steel post was marked by wild disorder and the mad scramble for stock carried the Issue to he highest levels in its history. On lumped transactions totaling 40,000 shares, Steel opened at from 158% to 160, up 3% to 614 from Thursday’s close. Steel's previous high was 159%, established last summer.
Banks and Exchanges
—Dec. 17— INDIANAPOLIS STATEMENT Local bank clearings Thursday were $4,109,000; debits, $8,80(5,000. BEARS CONTROL CHICAGO CRAIN No Resistance Prices Continue Decline. Bn United Press CHICAGO, Dec. 17.—Bears continued in full sway on the Chicago Board of Trade today. No resistance developed over night and prices continued their decline of yesterday. Wheat opened 14 to % lower. Lower foreign cables prevailed. Corn opened ’Ac to 14c off. Profit taking in coarse grains yesterday carried over in today’s session. Sentiment was strong; bearish in this pit. Oats opened unchanged to %c lower. This cereal followed the lead of the major grains and displayed little independent strength. Provisions opened unchanged. Chicago Grain Table —Dec. 17— WHEAT— Prev. High. Low. 11:00. close. Deo 1.3814 1.37% 1.38% 1.38% May .. . 1 .39 1.38 H 1.38% 1.30 July 1.32 1.31 la 1.32 1.32 Dec° BN r.. .73% -73J1 .73% .73 % Mav ....' -81>i .80% .81% 81% July :::::: .84% .83% .84% ne? ATS r.. .45% .48% >45% .45% May 49% .40% 49% ,o 0 July Dec ,89 % .89 % .89 7 May 90% .96% .96 % .96% July 95% LARD — Jan 11.97 11.92 11.97 11.02 Mar , 12.02 May 12-17 12.12 12.17 12.12 RIBS— Jan M 1.50 13.50 13.55 May 13.50 13.50 13.55
In the Cotton Market
(By Thomson & McKinnon) NEW YORK. Dec. 17.—Demand for cotton, when price# are above 13 cent* for October, is not yet sufficient t hold the market. That will come in time. I think the market is a good purchase five or ten points under last nlirht's close. This wonderful ews about the steel company may start another bier bull market. Where can a buyer find anything as safe and cheap as cotton?
In the Sugar Market
(By Thomson & McKinnon) NEW YOKE, Dec. 17.—The most encouraging feature.in yesterday s sugar futures market was'the support encountered while prices were sagging. Inasmuch as the ideas of buyers in spot sugar are largely influenced by futures, a continuance of this support, will have a steadying influence until the present lull in trade demand has passed. I recommend the purchase of the later months. Automobiles for Sale FORD used ears. Always a nice stock of all models. Right prices, square dealing THE FRANK HATJfIELD CO.. 825 N. Capitol. Authorized 1 Ford Dealers. Open evenings. Main 4708. FORD touring. 192 ft: a reel buy: SOO cash, balance terms. ROY WILMETH CO. 720 N. Meridian St. Lincoln 6875 Open Evenings. FORD Fordor sedan. 1024: reconditioned and repainted with gray Duco: new seat covers: good tires; several extras. This car would bo just the present for some lucky family. Only s7.> down. CARR AUTO SALES CO.. 5430 E. Washington St. Irv. 1124, FORD good tires arid good running condition; $75 or $25 down CARR AUTO SALES CO.. 543 ft E. Wash. St. Irv. 1124. FORD tudor sedan. 1924: lock wheel, cord tires; motor A-l; down payment $79. SMITH & MOORE. 628 3 Meridian St. Main 6650, Trucks Late 1924 Ford ton truck; with cab and stake body; excellent tires; starter and battery. A real bargain at S2OO. It won’t last long at this price. Call Mr. Easley. Main 5644. Legal Notices NOTICE OF REDEMPTION OF NOTES Notice is hereby given that pursuant to the provisions contained in said notes and in a certain trust agreement entered ineo Dec. flO. 1924. between the E. G. Spink Company and Farmers Trust Company, as trustee securing an issue of seven percent (7%) gold notes of the E. G. Spink Company, all of the outstanding notes of said issue have been called for redemption at the next interest paying date, being Dee. 30. 1920, at the nar value thereof plus a premium of one per cent (1%) oil the principal and all accrued interest to said date. Upon presentation of said note* at the Farmers Trust Company. Indiananolis. Ind.. Dee. 30. 1920 the sain* will be paid at the price stated. From and after such date all Interest on syoh notes will cease. E. G. SPINK COMPANY. Dee. 10 17. 1020 l
New York Stocks ~~~(By Thomson It McKinnon)
—Dec. 17— Railroads— Prov. High. Low. t :00. dose. Atchison ..164 161V4 163 Vi 159% A Coast L . . . ... ... 208 % B. & O 108% 107% 108 107% Can Pac ... ... 105 V* C. & O 164% 163 163% 163% C. & N. W.. 82 81 81% 80%. C.. R. & P. 76%' 69 % 69% 89 D & Hud...170 175 176 174% D & Lack. 148 146% 148 145 Erie 40 % ... 40 % 40 % Erie Istud 52 % 51 % 62 % 51 % Gt No plil 82% 82% 82 % 82% Lehigh V. 103% 102 103 % 100% K C South 43% 43 43% 43 L. & N. . .134% ... 134 134 M K. & T.. 35 ... 35 34 Mo Pac pld 90% 89% 80% 89% N Y Cen.. 141% 139% 140% 138% NY NH&H 43% 42% 43% 42 V* No Pad tic 80% 80 80% ,80 Nor & W.. 161 159 161 100% Pero Marq 117% ... *l7. A Pennsylvan. 56% ... 5b % 56 Vi Reading . 98% 90% 118% 96 S Railway 122% 119% 1~2% lA2‘% So Pacific 100% 108% 109% 108% St! Pam "pd io% ’iß% 'io% to™ S L & 8 W ... . .. 04 % St L& S E 100% 100 100% 100% Union Pac 102% 161% 16*% 161 Wabash .. 42% 42 42% 41% Ajax .... 12% It J 2% 10% Fisk 17 16% 17 16% Goodrich .. 43% 42% 43% 43 Gdvr pfd ... ... 08 % Kelly-Spg... iov. io i6% 9% U S Hub.. . 61% 00% 01% 59% ... .... 101% Am L*co 109 108% 168% 108 Am Stl Fd. 44% ... 44% 44% Bald Loco 162% IoU% 162 * n. n Kler H i ... H.) Vi 74 Lima ... 66% 65% 06O'V % N Y Airb. 43% ... 43 V 443 Pullman .. i9O % 188 ioo% Westh A B 144% 142% 144% 442 Westh Eicc 68% ... 68% 68% Bethtebcm . 48% 47% 48% 46% Colo Fuel .46 % 44% 45% 44% Crucible .. 81% 8t 81% iS’* Gulf St Stl 50% ... 50 % oO , 1* RC4 1. 42% ... 42% 42% Rep Steel., 57% 57% 57 V* V* Sloes Shefl 129 ... 12V 128 U S Steel .100% i.58% It !•- % Alloy 30% 30% 30% JO % Vanadium. .. ... ••• oJ * Am Bosch. . 17 % ... 1< % 17 % Chandler ... Chrysler .. 41% 40% 4 % 41 Cout Mot.. 12 11% 11% lift Dodge .... 26 % 2o: -6 ~5 k Gen Motor* '.lni % ijg % 150% 148 % Hudson .... 47% 46% 47% 47% Hupp 22 % 22., 22 •% ?1% Jordan ... 20% 19 % 20 -0% Mack 99% 08 09 99 Martin Par 21. ... 21 21% Moon .... 11% ... 11 % 11 % Nash 08% 04% 00 04% Packard .. 36% ... 35% 35% Pierce Arw 23% 23 V 4 2'}% 23% Studebaker. 55% ... •>* % 54% Stew Warn. 06% .. . 66 66 ■( Timken ... 79% 79% 79 <B% Willy# Over 23% 22 k 23 Vi 22 j* White Mot. 57% ... 51 V* 67 Am* Smelts" 144% 141 144% 139% Anaconda . 48 % ... 48'% 48 Vs Cer De Pas... ... ... 63 V* Inspiration. .. .... ... 26% bit Nickel .38% • • 38 38 Kenuecott. . 63 62% 62% 62% Tex G & S 49% ... 49% 49% U 3 Smelt. 37 ... 37 37 Oils— Atlanta Re 110% ... 115 114% Calif Pet.. 31% ... 31% 31 Freept Tex 33 % 32 % 33 32 % Untd Drug 1t;6% 106 100 165 use IP. 237% 229 232% 229 U S In Ale 80 78 80 77 >4 Woolwortii 101 Vi ... 190% 190 I 'tilltics— A T and T 150% 150% 150% 150% Am Wt Wk 03% ... 03% 62% BrlUyn Man . . ... ... 73 Col G and E .. ... ... 87 % Cons Gas .109 ... 109 109% Interboro ... ... ... 50% No Amn Cos 47% ~ . 47 % 47% (•copies. Gs. .. ... 128% St G and E 67%' 53% 57% |Wn Union. .. ... ... 146V* I Shipping— Am Inf Cim 39% ... 39% 39% | A 8 and C 6 ... 6 6% Atlan Gulf. 41% ... 41% 40% I M M pfd 40% ... 39% 39% Until Fruit 119% .... 110% 119V* Foods— Am Sugar. 82% 82Vi 82% 83 Am 1 Bt Sug .. ... ... 27 % Austin Nieh .. ... ... Il Beech NPk 58% ... 68.% 59 Calit Pkg. 79 ... 70 70 Corn Prod. 50 % ... 50 % 50 % Cuba Cn pf 47% ... 47% 47% Cti Am Sug .. ... 38 FSeischmann 47% ... 47% 47% Jewel Tea... ... ... 47 Nat Biscuit 98% ... 98% 1'7% Punta Aleg . . ... ... 40% Postlim 99% 99% 99 % 98% Ward Bak B 31% ... 31% 01% Tobaccos— Am Sumat. 42 % 42 % 42% 42 Ancr Tob 121% ... 121% 129% Am Tob B 121% ... 121 121 and Cons Cigars 84% 83% 84 84 Gen Cigars 54% ... 54% ... Liggett ... 97% ... 97% 98 Lonliard... 31% 31 31% 30% R J Rynlds 119% ... 119 ‘ 1 20 * Tob Pro B 109% ... 109 108% U C Stores 90 ... 95 Vi 95% SohuUe li S u 4his •• 0% ... 60% 60 Ind 0i1.... 32% ... ;ti% Mariand Oil 5(1% 55% 56% 'hi Mid-Cont 1* 33% 33% 33% 93 u P-A P <B).. 66 65 65’* 65% Pacific Oil. 1% ... 1% 1% Phillips P.. 55% ... 55% 55% Union Oil.. 53% ... 53% 54 I I’uro Oil.. 27% ... 27% I Royal Dut 50% ... 50% 49% ! Shell 29% ... 29% 29% .Sinclair .. 20% 19% 10% 19% Skelly 34 £ S Oil of C. 68% ... 58% 58% S Oil of N J 38 ... 37% 37% Tex Com.. 57% ... 36% 66% Tr Petrol. 3Vs 3% 3% 3% Industrials— A Rumcly. 8% 8 8% 8 Allis Clial. 88% ... 88% 87% Alied Ch.. 145% 141% 145 140% Arm (A . . 16 ... 15% 15% Amer Can. 63% 53 63% 63V* A HAL pfd 50 Am S Raz ... ... 59% Am Woolen 34 ... 34 34
Commission Row
PRICKS TO RETAILERS FRUITS Apples—Fancy Grimes Golden, bbl $6: Indiana Jonathans, bbl.. $5.60; Delicious 40-lb.. $2: Pippin. 40-lb basket $1.35 Casabas—Per crate. $3.60 Cider —$4.60. 0-gal case. Cranberries—Centennials, bo*. $6: Jersey Howes, % bbl.. $5. Coconuts—Fancy Jamaica* sack of 100 $5.50. Dates—Minaret. 30 pack, to box. $4.50: Dromedary. 30 pack to bo*. J 0.75: bulk dates, lie lb. Figs—l 2 pack, to bo*. $1.16: 60 pack to box No 0 $3: 24 Dack. to box. fancy. $3: Vi pack to box, black. sl.7ft- imported layer. 10-lb box $1.90 @2.10 Grapes—Emperor. $2.75 per lug. Grapefruit—Extra fancy. $3.50® 4 fancy. $3.2503.60. Honey—24-ease crate. $4.500 8. Kumquats—Florida. 25c at. Lemons —California. *4.2504.75 Limes—Florida 100. $2.50. Nuts—lndiana chestnuts lb., 16 0 23c: shellbark liickorynuts lb.. 203 c: black walnuts. 303 Vic lb. 1 English walnuts. 30 038 c lb Oranges—Florida. $2.500 4.25: California navels. $4 0 0.50. Pears—Oregon Bose. $5.50 box: Oregon D’Anjou* 35 box Pcrsimons—California Japanese. $2.25. Pineapples—Cubt, crate. $5. Tangerine—Florida. $2.50 04. SEA FOODS Oysters—Gal.. $2.40 0 2.85. VEGETABLES Artichokes—California. $1 dozen. Beans—Florida green. per hamper $4.00. Brussels Sprouts—Fancy California 26c lb. Cabbage—Holland seed. 2Vi ©3c lb.: red cabbage oe lb. Cauliflower—Crate. $2.25. Celery—Michigan. squares or flats $1.50: Michigan rough. $3.25: Michigan jumbo. $1 dozen: California. $5.76. Celery Cabbage—Box. $1.50. Cucumbers—Florida. $2 dozen. Eggplant—Florida $2.50 per do* Garlip—Fancy. 12 Vic lb. Kale—Kentucky sack $1 60: H G.. 76c per bu Lettuce—Western Iceberg, crt.. $4.50. Mangoes—Florida 'peppers. $0.50. Mushrooms—Pennsylvania. $1.50 for 3lb. basket. Onions—H. G. yellow. 100 lbs . $2.50: Utah Valencias. 105-lb bag $2.50: Spanish, ert.. $1.75. Oyster Plant—H G.. 45c dozen Parsley—H. G 50c per bunch. Poas—California *7.50 per erate. Potatoes —Michigan round white, sack 4.15: Minnesota early Ohios. 120-lb bag. $4: Russets. $3.75. Radishes—Southern long reds 25c: hothouse buttons. sl.lO. Root Vegetables Turnips, bu.. $1: parsnips, bu.. $1.60: carrots, bu . $1.60: Canadian rutabagas $2 cwt.i H G.beets. bu., $1.60 Shallots—Louisiana 05c dozen. Spinach—H G bu., $1.25. Sauash—H. G. Hubbard, bbl.. $2.50. Sweet Potatoes—lndiana Jersey, bu. $2.50. Tomatoes—Six-basket -rt *0 HOLIDAY SPECIALTIES Cedar Roping—Fancy evergreen. 20yard roll $1.50. Christmas Tree*—Vermont spruce, singles. *2.5005: 2s per bundle. $2: 3s per bundle. $2: 4s per bundle. $2,250 2.50: 5s per bundle. $2.2502.50: 0s per bundle. $2.25 02.50. Christmas Tree Holders—Green stained wooden cross nieces. 25 pairs to bundle $1.7501.90:' permanent metal holders. $8 per dozen. Holly—Fancy Delaware. $5.50 oer case. Holly Wreaths Fancy 10-in.. $1,35 0 1.50 per dozen. Laurel Honing—Fancy green 20-vard roll SI 65.
THE INDIANAPOLIS TIMES
Coco Cola. 168 ... 168 167 Cont. Can 75 ... 75 63 % Certalnteed ... ... ... 42 % Dav Chem. 27% ... 27Vi 27 Dupont .. 170% 169 169 167% Fam Play 114% 113% 113% 113% G Asphalt. 85 84% 84% 83% In Comb E 45 % ... 45 V* 45 Int Paper. ... ... ... 57 % IntHnrv.. 157% 164 15t% 153 May D Stor 1.15 ... 139 138% Mont Ward 70% 69% 70% 89% Natl Lead. 172 169 172 169 Owen Bot. 78 Vi ... 78% ... Radio 59 ... 58% 58% Rem Type 113 ... 113 114 Real Silk.. 43 ... 43 42 % Sear-Uoe... 65 Vi ... 64 % 65 MAKING HISTORY ON STOCK MART Steel Breaking All Records of Street’s Existence. • BULLETIN. NEW YORK, Dec. 17.—Stock exchange trading maintained it* headlong pace through the morning, the turnover lip to 12 o’clock aggregating 1,479,300 shares, the heaviest two hours trading in several months. Huge transactions characterized the dealings In the principal speculative issues and further gains were scored in various pnrts of the list. Motor shares developed pronounced strength. Atchison led the forward movement in rails, advancing to the highest price of its. history. By M. D. Tracy United Press Stiff Correspondent NEW YORK, Dec. 17.—This is one of the great days in Wall Street history. Under the urge of the United States Steel coporation’s 40 per cent stock dividend declared yesterday, millions changed hands, records were set only to be surpassed; and persons who have spent years watching that place where men actually match quarters for a half million dollars, pronounced It one of the big days of all times for the financial world. United State Steel sold over $l6O a shax-e, the highest price it ever sold for. The number of steel shares changing hands surpassed anything in history. Men made thousands of dollars in minutes. Trading posts like football players in a huddle, that really all was order, and that these men were turning millions while shouting and in their seemingly mad scrambles. At noon the door of the exchange was littered with paper and debris, bits ot note pads, newspapers torn to shreds, pieces of tape; flowers and even a broker’s collar strewed the scene.
GRIM DEATH WINS RACE FROM SANIA (Continued Front rage 1) means that a trained social worker has called and found that the family is really in want. You can be a "sure-enough Santa Claus” to any one of these families by calling The Times—Main 3500 and telling the Santa Claus editor what family interests you. The name and address of the family will then be given you—and you do the rest. You then become that family’s Santa Claus and you personally take your Christmas basket or whatever gifts you care to present them. A generous Christmas basket with a plump chicken and all the flxin’s is what Miss Hazel McCullum, 4632 Broadway, is going to take Family 64. "Mother will help me and we’ll take staples besides, that will last for several days after Christmas,” sho concluded. Church Class Active Mrs. Ray (Smith, 1361 Pruitt St., certainly delighted the Santa Claus editor when asked for Families 10 and 57—these to he taken in charge and provided for by a Sunday school class of the Riverside Park M. E. Church, which class is taught by Mrs.. Dorothy Trevo. Mrs. C. H. Fuller, 2401 Bellefontaine St., will be most comforting in the role of Santa to Family 51. There are little children here and Mrs. Fuller will not only provide a full Christmas basket, but toys, gloves and stockings for the little ones. Another Sunday school class that is going to play Santa Is that of Oscar Bunce. This class of the River Avenue Baptist Church, and they will do an especially fine thing In providing for a big needy family of young "stairsteps.” Others who have telephoned The Times Santa Claus editor and accepted needy families to which they will be Santa Claus, are. Others in List Mrs. Helen Bailiff, 829 Christian Place; Mrs. Anita King. 909 Ashland Ave.; Mrs. Stella Maple. 1744 S. St.; Mrs. Frank Baldwin, 1424 Raymond St.; Mrs. Lillian Abbott, 5350 Washington Blvd.; Mrs. Margaret Mayhall, 3510 W. Michigan St.; Mrs. B. J. Henley, 1142 N. Pennsylvania St.; 'Mrs. Thomas Regan, 511 S New Jersey St. The Phi Theta Delta sorority of Technical High School will take care of family 67. The Garfield Avenue M. E. Sunday School class of which Miss Wilna Tully, 60 N. Dearborn St., is teacher, will be Santa to a family. A glittering Christmas tree, besides a big Christmas basket will gladden family 66. Capt. Pauline Norton’s Troop 17 Girl Scouts, will take care of these needy folks. The Friendship Club, nine In numbe of which Mrs. C. J. Brinkman. 2353 Central Ave., Is president, will take care of family 41, with a basket of good food and gifts. The C. W. C. of the Third Christian Church, through Mrs. E. M. Sutherlin, has accepted the happy task of being Santa to family 42. “We’ll take care of them well,” Mrs. Sutherlin said. Today’s Santa Claus opportunities are printed on Page 4.
Cattle Unchanged—Calves, Sheep Steady to Off. —lloe Price RangeDec. Bulk Tod. Receipt* 10. 12.00 @12.10 12.10 o.hno 11. 12.0012.10 12.10 4.500 13. 1175011.85 11.86 6500 14. 11.50 11.60 8.000 15. 11.60011.65 11.65 7.000 16. 11.90 12.00 12.00 5.000 17. 11.80011.90 11.90 6.500 Hogs were selling generally 10 cents lower today than Thursday at the Indianapolis stockyards. With local receipts not unusually large and In spite of an Increase of prices at the nearest large market, prices here dropped. Estimates set today’s fresh run at 6,600. To this were added 1,206 holdovers. A fcig holdover may have influenced the slight lowering of prices. The bulk of the porkers sold for $ll.BO, with a few selected light weights bringing the top of $11.85. Hog Price Range Continuing the use of the twoweight scale, hogs in the 120-300-pound class sold at [email protected]. The top price paid was for meat in this class Those weighing 300 pounds up were quoted at $11.50@ 11.75. Packing sows went at $9.75@ 11. Cattle receipts were stlmated at 900, the market appearing steady. Price quotations on beef steers were [email protected]; bulk stock and feeder steers, $6.5007.75; beef cows, ss® C; low cutters and cutter cows, $3.50 @.4.75. Calves Off Vealers were steady to 50 cents lower on the market today. They sold largely nt sl4 down. Best vealers went at sl4. Receipts were estimated to be 800. The run of sheep and lambs was figured at 900. Western lambs were little changed. Three decks offered at $12.50 looked steady to 25 cents lower. Other westerns sold for sl2. Native lambs were sharply lower. They were 60 cents to as much as $1 lower In some sales. The top price paid during early sales was sll. —not*— Receipt#. 6.500: market lower 120-300 lbs SII,BOO 11.90 300 lbs. up [email protected] —Cattle "■ Re.* ipls, 900; market dull to lower. Beet steers 98,50 011.60 Bulk stoker anti feeder steer# 0 SOW 7.75 Beef ret w* 4.75 0 6.00 Low cutters and cutter rows. . 3.5004.50 Calve# Receipt#. 800; market steadv to lower Best vealers $13.00® 14.00 Heavy Calve# 6.500 8.50 —Sheet*— Receipts, 900: market uneven. Top fat lamb* $12.50 Bulk fat 1.-mbs 11.00 012 50 Bulk cull lamb# 5 50 0 8.50 Ewe# 700 down Buck# 3.000 5.00 Other Livestock CLEVELAND. Dec. 17.—Hog# Receipt* 2.006; market slow, steady: 25')350 lb#.. $11,950 12: 200-250 lbs.. $11.96 Iff 12; 160-200 lbs.. $11.95012: 130-160 lbs. sl2 012.25: 90 130 lbs.. $l2O 12.25; packing sows. $10.75 0 11. Cade —Receipt*. 400; calves, receipts 200: market slow, steady: beef steers. $7 500 8.50; beef cows. $4.50 0 11; low cutter and cutter cows. $3.2504.25 vealers. $140) 15. Sheep—Receipts, 1.500: market 500 lower on lambs; top fat lambs. $12.75; bulk fat lamb*. $12.50012.75; bulk cull lambs. 98 010: bulk fat owes. $4 06. EAST ST. LOUIS. Dee. 17.—Hors Receipts. 9.500: market, uneven: 250-350 lb*.. $11.40',! I 1.65: 2UO-250 lb*. $11.69 0 1190; 160-200 lb*.. $11.70012: 130160 lbs.. $11.25012; 90-130 lb#.. $11.25 @11.75; packing rows Slo@ll. Cattle —-Receipts, 1.000; market, steer# steady: be 1 stern, $7.75@ 8 75: light yearling steers and heifers. S6O 8: beef cow*. $5.2. 06: low cutter and cutter cows. $3 50 0' 4.50; vealers. sl3. heavy calves. $808; bulk stock and feeder steers SOO7. Sheep —Receipts, 1.(81; market, fat lambs 25c lower: top fat lambs sl2: bulk fat lamtis, sl2: bulk cull lambs. $8.50(; bulk fat ewe#, ss@B EAST BUFFALO, Dec. 17.—Hogs—Receipts 2.600: holdovers. 1.793: market. 100 25c higher: all weights. $12.250 12.o0: packing sows. $10.25011.25. Cattle—Receipts. 6(8); calves, receipts. 750; market, calves 50c lower, cattle weak; vealers. $14.500 15. Sheep—Receipts, 8.0OO: market 50c lower: top fat lamb*. sl3; bulk fat lambs. sl2 50013; bulk cull lamb#. $9.500 10.50; bulk fat ewes, $600.75. CINCINNATI. Dec. 17.—Hogs—Receipts. 3.000; holdovers 790; market 200 25c higher: 250-350 lb*.. 511.20013.10; 200-250 lbs.. $l2O 12.15: 160-2003 lbs.. sl2 012.15; 13$-160 lbs.. $l2O 12.15; 90-130 lbs., 910 0' 12: packing sows. $9.25 @lO 25. Cattle—Receipts. 375: calves, receipts, 300: market strong, veals steady: beef steers, $0.500 9: light yearling steers and heifers. $6010.50; beef cows. $4.50 0 6 25; low cutter and cutter cows. $3.50 19 4 25: vealers. 99.50013: heavy calves. $:, (n 9: bulk stock and feeder sters. $6 0 7. Bheei>—Receipts. 250: market steady: top fat lambs. $12.50: bulk fat lambs. $9 @12.50: bulk cull lambs. 8100; bulk fat ewes. $3 0 5.50. TOXjEDO, Dec. 17.—Hogs—Receipts. 200: market steady: heavies. $11.50 @‘ 11.70; mediums. $11.70011.80: Yorkers. sll [email protected]: good pigs. $12.2.). Calves —Market steady. Sheep and lamb# Market slow, lower.
Produce Markets
Butte Iwnolesele ori*.*) Creamer* best (rrado a pound, 55 ©sßc. Butterfat —Local dealer# pay 65c. Cheese i wholesale selling prices)—Wl consul Daisie# 24 "f 25c ' Longhorn# 24 111 37c: Llmburger, 37c. E#g#—surictiv uesh delivered st Indian apolT#. 40@4^0 Poultry Fowl#. 23c: Leghorn#, 13@ 14c; ducks, 15018 c. CLEVELAND, D, e. 17.—Butter Extras 68 0 59%c in turn lots; extra. first#, 54c: firsts, 49 %c. Egg#—Extra, 5-I%c; extra ItrsU. 49 %c; finds. 47c: ordinary. 38c: pullets, 32c. Poultry—Heavy fowls, 25 0 26c.; few. 27c: medium. 22 0 24c; Lechorns. 1820 c; heavy springers, 200 26c: medium. 22 0 24c: leghorns. 18 0 20c; ducks, 250 27c: medium, 23@24c; geese. 21022 c: cocks. 16@)17e: turkeys. 450 48c. Potatoes—lso-lb. sacks round white M:dne. 84.50: Michigan plain. S4O. 4.10; Minnesota and Wisconsin. 83.90 0 4.05; Ohio, bushel racks. $1.6501.76; 120 pound sacks Colorado Brown Beauties and Idaho Russets. 84.25 @4.35. NEW YORK, Dec. 17—Flour Dull and unchanged. Pork—Quot; mess. S2O. Lard —Easier; Middle Wist.. $12,354). 12.45. Sugar—Steady; 90 test. 5 08c: refilled dull; granulated, 6.20 0 6.40. Coffee—Rio No 7, 15%c: Santos No. 4, 20 @2o%r. Tallow —Weak; specials to extra. 707 %c. Hay—Firm: No. 1. $1.35; No. ft. 8101.20: Hover. 81.050 1.20. Dressed poultry—lrregular; turkey*. 38@53e: chicken*. 21 @ 17c; capons. 330 46c; fowls 17 0 43c; ducks, 24 0 35c; Long Islands, 32 0 33c. Live poultry Dull: geese. 14 0 30c: ducks. 17 035 c; fowls. 20029 c; turkeys, 40c; roosters, 15c; chickens, 20@ 28c: capons: broilers, 3035 c. Cheese—Dull: State milk common to specials, 27038 c: Young Amen.-a*. 28%@27c. Butter—Steady: receipts. 7,800: creamery extras, 56c; special market, 56 Vi @s7c. Eggs—Steady; receipts. 22,091; nearby white faaiey. 01@62e; nearbv State white. 60@80c; fresh first*. 480 50c: Pacific eoa*t first to extras, 60 'n 61c; western whites. 4056 c: nearby browns, 62@63c. Potatoes—Long Island. S3O 6: States $3.50 0 4.60: Maine. $4.15 0 5.25: Canada. $4,500 4.75: Bermuda. 88 15. Sweet potatoes—Jerseys, baskets, 75c OSI .75: southern, baskets, [email protected]; southern, barrels. $101.50.
Local Wagon Wheat
Local grain elevators are paying $1.27 for No 2 red wiieat Otncr Trade* arr DurehfineH on thnir m#*nt4> ROBIN SINGS IN SNOW Bu J itnl Press MENDOTA, 111., De<*. 17.—With snow several Inches deep and the thermometer hovering near zero, Carl Weidener reported that he saw a robin singing merrily atop a fence post.
REBATES GIVEN, SAYS GILLIOM (Continued From Page 1) heads and argument on the question of jurisdiciton of the commission was closed. Giilioin Enraged His face white with rage, his voice far from being under control, Gilliom prefaced his speech by saying that “my opinions given this commission and any other branch of the State government speak for themselves.” Matson, in his argument, had said some' complimentary things about Gillioim personally, while disagreeing with ins findings which had been given the commission. Charges Intimidation Seeming to suddenly lose control of himself Gilliom screamed, “There are not enough corporations in this world, there are not enough newspapers in this world, there are not enough politicians In this world to intimidate me.” “While I am the incumbent of the office of attorney general the official acts of the attorney general will always be determined solely by what the law is and not like we would have the law stated.” Stating that the attorney general is but a “mirror who reflects the law,” Gilliom took up the alleged “falsehoods printed about the attorney general's office with reference to the second opinion furnished the public service commission, by the Indianapolis News.” “Neither the Indianapolis News,” shouted Gilliom, “or all the newspapers in the world can in the slightest degree influence the attorney general as to the performance of his official duties. I reflect the law precisely as the law is and am and will be free from intimidation.”
Cites Rebates Becoming specific regarding the basis of his charges against the evening newspaper Gilliom read from a blue-print from figures tending to prove that in May, 1924, the News paid $225 for service from one of the utilities which should have been billed as $337. He declared that at the time the charges were made public both electric power companies entered a plea of guilty to have given rebates and paid fines of $2,000 each. Having completed his remarks on rebates and price concessions the attorney general took up the legal phases of the jurisdiction question. He sided! with every contention made by counsel for the utilities. He told the commission: 1. The public service commission has a right to hear this case On the petition presented in its amended form. 2. It Is not necessary for the new company to acquire property plants or be an operating company to come within the scope of the commission. 3. It is not necessity for the new companj/ to be the holder Os a franchise as held by the merger opponents because of Rule 17 of the commission. 4. That the combined capitalizations of the companies jvhich it is sought to merge does not have to form the basis of the capitalization of the new company. 5. That the commission and the commission alone will determine what the merger capitalization will be and because the petititn asked for a capitalization of over $58,000,000 it does not follow that amount will be granted. A complete report of what Gilliom said in regard to his charges that the utilities have continued to grant rebates follows: "The commission knows from its own records that in 1924 through its auditing department it was discovered that these two utilities engaged in highly discriminatory practices. Rebates and discounts were secretly given to consumers of light, heat and power on a large scale. There Is no question about that. The two utilities were prosecuted and paid fines aggregating $2,000 each, and sometimes, while some folks say that they represent the dear people, and that we must do something here to protect the dear people, when we look behind the scenes, we find selfish motives. "You may fool the people occasionally, and sometimes for a while, and sometimes all of them, but you are not going to be able to fool all the people always, and if I have anything to do with It here you are not going to be able to fool the people of Indianapolis much longer, about the attorney general's office, nor aro you going to fool them much longer about some of the motives that have caused some of these unseemly, un-American efforts to Intimidate State officers in a matter where the Legislature itself has suggested In rather plain language what the duties should be. One of Beneficiaries | “I speak about the Indianapolis News as one of those agencies. In 1924 it happened to be one of the beneficiaries of one of these rebates and discounts. The commission dis covered it, found that on a billing of May, 1920, whereas it should have paid $337.50, under the unlawful, criminal practice of accepting knowingly rebates and discounts, it paid $225. "I have before me the blueprints, the data from the public service commission records that show that some of these people who have employed lawyers that are here objecting to this commission doing anything in this matter and posing as
Braces— T russes Arnold Bros. Formerly With Wm. H. Armstrong Cos. 83-84 When ldg. 38 N. Penn.
NEW LOCATION Tom Walsh Ladies’ and Men’s Suits Cleaned and Pressed.... 1 Delivery Service Next Door to Haag’s Drug ,Store. 63 Virginia Ave. Lincoln 9594.
the evangels cf righteousness and the guardians of the dear people, were in 1924 the recipients of these unlawful, criminal rebates and discounts, and I am told they are bene siting by them today, and that may furnish some of the motive for some of the very partisan remarks that are being made here. Methods Changed ”1 am told that after the commission investigated this matter in 1924, and after these two utilities were brought into court and paid fines of $2,000, that there was a promise that it would be discontinued, but I am told sirs, gentlemen of the commission, that instead of discontinuing it, the method only of covering it up was changed, and that instead of books available to your auditor jthere are private ledgers kept and your auditors ought to inquire for these private ledgers when they inquire into this question. And I am told, rather reliably, I think, that these discounts and these rebates today in the city of Indianapolis, as to these two utilities, approach a half million dollars a year. And the dear people, the dear people, who are to be protected here by these evangels of righteousness, are paying tkftit half million dollars for these consumers, who are criminally accepting these rebates and these discounts. "It is known to every lawyer, it is known to this commission that one of the things, above all things, that the Legislature sought to do in establishing the present system of regulating public utilities, was to eliminate these criminal practices of discrimination in rates and service. From Sec. 112 to Sec. 115 inclusive, Os the Shively-Spencer utility act, you have the most complete legislation to prevent any and all discounts, rebates, privileges, franks, etc., making it criminal so- the utility to give ’hem, making in criminal for the consumer to accept.” BEAR WITH COLLAR SANFORD. Me., Dec. 17.—A hunter In Kennebunk recently found a bear with a collar, indicating that the animal had been in captivity. She vias very tame. A good-sized bear cub was caught in one of the traps in Alfred recently. At a recent inquest in London it was stated that a bullet, after penetrating a man’s heart passed through the bed on which he was lying, penetrated the floor and pierced the ceiling of the public bar below. There it struck a barrel and glanced off into the pocket of a customer, where it remained unnoticed for twenty minutes.
Gifts That Live In your search for gifts that will give lasting +&OS | joy you can not go wrong if you select some of ♦djJSEJvi I our Bulbs, Flower Seeds, Boston /] Ferns, Birds, Goldfish, etc. &><J Give This One: 5 Larue paper white Narcissus. id WRfil ? Jap bulb fiber for planting and a f V I V v\f U \ 'j.lf'fr/ beautiful 9-inch bowl to plant T| ja IpMeA 'frf m to. All In a handsome gift box.^^^ Perhaps there is no other gift that will be as much approciated and give more lasting enjoyment to a largo per cont. of ’WjjjL v?,* *-* the people than this fern. It is a beauty ~ Or This One: . 2-Gallon Fish Globe |L\ § A Beau tiful pattern. AafK*. will * graceful stand, FWriSI i # sea shells, fish moss ‘ Blooming Pohsettia Plant MCh The Polnsettia symbol! les Christmas J more than any other plant. They are oa*y to grow in the honie and, with reasonable care, last lor yoars; growing to largo 25c t 50c n Or Make a Friend Happy JL \ by Giving One of These: ] Imported Canary J Guaranteed $4.75 LU jo J Imparted Canary V j @r, and $10.50 Be.uitiful, novel colored cage# and ’WfcfcO-' W A pour Choice ‘X" a r?d ‘Xi' bin™ *7.50 Ia i Fomale Canaries 91.00 to 91.50 rS xfSs. £ . Australian Love Birds, pair 96.00 /# •o B All kinds of feed, remedies and supplies for - • § I birds; gold fish and supplies; poultry and dog feed. 1 “ j Wonder Electric Corn Popper 2 m Pot’S com, roasts coffee and peanuts. Make popcorn ONIjT < Z cereal for breakfast: cheap, delicious, healthy; serve plain or with milk or cream. The Wonder can Tie used J M JL A wherever there is an electric lhrht fixture. Will be T „ prized next to a toaster. Price, $1.50. WW* Will lie Delivered for i!sc Extra. Come in for a Package of Popped Corn—Free POPCORN, Guaranteed to Pop 2 Pounds.. . 250 Show the Christinas Spirit S, ,4rc HeodnaaTlert All HcAiday D.rar.. tions for Homes, Stores, Offices, Churches, Halls, Hotels, Etc. WHOLESALE AND RETAIL We ship it to evcKg state in the union, then why not supply the IndianupoMs demand? BOYS and GIRLS who want to make somo Christmas money slight to . &>cdtfe ((R)Seect§fo>Kß TWO STORES—227 W. Washington St.—s N. Alabama St TELEPHONES— MA In 4740 U neoln 4955
PAGE 31
MARKET LOOKS GOOD ONLY FOR STEEL COMMON Future Shows Nothing Optimistic for Other Stocks. By E. Walter Muckier NEW YORK, Dec. 17,—The action of Thursday's stock market augured nothing optimistic for the future, except in the case of steel common. The board of directors of the IT, S. Steel Corporation voted a 49 per cent stock dividend on the common shares. All day, the street was Hooded with rumors of a pending action on the part of the steel corporation. These started with rumors that Judge Gary, head of the corporation since 1901, was about to resign and inc.uded all of the recent rumors from the $3 extra cash dividend to the 40 per cent stock divideid. The latter proved to ho the answer. Rumors Ended This puts an end to the question which has been agitating the street for months, and at the same time should give the market anew stimulus. It is the first major break in the excessively conservative policy of the corporation. It Is no secret that the board has long been divided on the question of extra dividends. After th eofficial trading ceased at 3 o’clock, steel closed at 154 "4. Trading, however, was conducted in the unlisted market, “over the count* r.” In this market the stock jumped to 161 bid, 163 asked after the announcement was made and there ilittle doubt that the genet# 1 market today will be featured by steel. Distribute Stock Whether this influence will be strong enough to bolster the general market Is an open question. Despite very good buying in Steel today, the general list gave grounds. Both rails and industrials paid the penalty of recent strength, apparently more than one substantial long interest took advantage of the strong market in Steel to distribute a little stock. Trading again exceeded the two million-share level by a wide margin. For a time it appeared although the oils were going to move substantially as a result of the acquittal verdict in the Doheny-Fall case. However, the movement burned itself out after a brief spelt of buying. Incidentally it is worthy of note that 372,800 shares, or more than 10 per cent of the total trading was done in Steel common.
