Indianapolis Times, Volume 38, Number 234, Indianapolis, Marion County, 5 January 1927 — Page 14

PAGE 14

HOG MARKET REGAINS TUESDAY’S LOSS

STOCK EXCHANGE OPENS WITH GOOD TONESANDBUYING Motor Shares Among Active Issues —Generally Higher. tv United Press NEW YORK, Jan. s.—lnitial tradng on the New York Stock Exchange today was on a fairly large icale, with the general price tone >ettcr. Motor stocks were among he active issues, with fractional >rice gains, Nash Motors selling dose to 72. Steel common showed a fractional rain, as did Allied Chemical, New fork Central and Southern Railway. Continental Baking issues were lightly better and very active, with ,000 shares of the B opening at 10. Oils showed a better tone, Pantmerican B opening above 63 and leneral Asphalt up % at 5%. No further progress on the rally ras made in the main body of stocks .round noon. The tone continued ;ood and bullish operations in pecial issues kept up. Apprehension egarding the Mexican situation was omewhat allayed by advices'" that here would be no seizures of for-ign-owned properties where the itle was perfected prior to the doption of the new constitution. ——— ” Banks and Exchange INDIANAPOLIS STATEMENT Local bank dealings were $5,.'170,000; ebits, $10,037,000. FOREIGN EXCHANGE Iu United Press NEW YORK, Jan. s.—Foreign exchange pened steady. Sterling' $4.85 1-18; franc .94Vie. up .OOVj- lira. 4.47 c; Belgium, 3.00 c; mark, 23.77 Vie. MURES LAST YEARINCREASE )un’s Issue Tabulation of Business Defaults. 'it Timm Special NEW YORK, Jan. 5.—A small inrease in number of commercial ailures, but a considerable decrease n liabilities, is shown by the report if failures for 1926 compiled by R. J. Dun and Company. With a total f 21,773, last year’s defaults exeed by a little more than 2 per ent, those for 1925, whereas an inebtedness estimated at $409,232,278 or the tivelve months just ended is per cent below the amount or the immediately preceding year. The number of insolvencies is the irgest reported for any year since 922, but the liabilities are the smallst for all years back to 1920. Most f the increase in number of failres over the total for 1925 occurred n the final quarter of last year, fhile the indebtedness also rose durng that period. In the other three uarters, however, the liabilities ?ere substantially below those for le immediately preceding year, the rst quarter showing a reduction of bout $20,000,000. The latest statistics —those for Deember—show a seasonal increase i number of failures, the total beig 2,069. This is the largest numer for any month since last Janury, and Is considerably above the ,878 defaults of December, 1925. 'he liabilities also increased last tonth, being $45,619,578, and exieding the amunts for all months ack to January, 1925. Comparing rlth the $36,528,160 of December, 925, there is an increase of nearly 5 per cent. In the Sugar Market (By Thomson & McKinnon) NEW YORK, Jan. s.—The demand for ■anulated has quieted down temporarily, id refiners are reported to be showing imperatively little interest in raws. Unit' such conditions, futures may work mewhat lower. At least, we may ex. ict an. irregular market, pending a reswal of trade buying on the scale wit■ssed at various times during the past w months. I think the advantake will st. however, with those who buy fures on these reactions, which reflect > change in sentiment, but are merely chnical adjustments. In the Cotton Market Thomson & McKinnon) NEW YORK, Jan. s.—Yesterday’s arket was the kind I like to see. not ily 'because it was easy to read but be.use I Ike to sde the leverage applied the proper point. I am referring- to e demand for January. When the market oks weak and everybody seems to be llinsr, remember one thing—they are seiigr the cheapest market in the world. Produce Markets Butter (wholesale Price) Creamery, ist grade, a pound, 63 ® 660. Butterfat—Local dealers pay 51® 62c a Bund. ■ Cheese (wholesale selling prices)—Wis■rism Daisies, 24® 26c; Longhorns, 24® ■ Limburger, 37c. Strictly fresh delivered at Indian>o! is. 36® 38c. Leghoma ’ 13 ARM BOARD TRANQUIL ivo Members of Agriculture Body Re-elected Without Contest. Talk of m contest for Beats on tho tate agriculture board failed to de!op into action this morning when ilegates met in the House of RepreBntatives and re-eleoted five meml>rs. They were Roy E. Graham, ■ranklin' O. L. Redtlls, Waveland; Bussell G. East, Shelbyvllle; C. Y. Boater, Carmel, and Lin Wilson, Bmesboro. ■ Vice President Guy Cantwell is exacted to be named president at the Binual reorganization at a closed ■eslon this afternoon. He will sucked President R. C. Jenkins. E. J. Lrker is secretary and treasurer, Forest Neal, superintendent.

New York Stocks (By Thomson it McKinnon)

Railroads— _ Prev. High. Low. 1:00 close. Atchison ..184% 163% 163 Vi 163% At Cos Li.. 202 201 201 202 B & O .. .107% 107 107 Vi 107% Can Pac ..160% ... 166% 165% C&O 162 % 161 Vi 161 Vi 161% C&N W. . 78 Vi ... 79 Vs 79 C R & P. . 70 ... 70 69 Del & H. . 172% ... 172.% 172% Del & Lae 1?5 Erie pfd . . 53 % 53 Vi 3 % % Gt No pfd. . 80 Vi 80 80% 80 Leh Val ... 100 Ka C So.. 42Vi ... 42Vi 41% L & N 130% MK & T.. 32% ... 32% 32% Mi Pac pfd,. 90% ... 90% 90% NY N H&rf 42Vi 42 42% 42% No Pac .. 78% 78 78% 78 Nor & W .157 ... 157 156 Per Mar ... / 115 Penn 57 ... 67 67 Read 94% .... 94% 94 % Sou Ra ...125% i25% 125% 125% Sou Pac ...109 Vi ... 109 109 St Paul .. . 9 % .. . 9 % 9 St P pfd 19 St L & S W ~ 62% St L&S F. 101 % 101 101% 101% Un Pac ..100% ... 160% 160% Wabash . . 41 % ... 41 41 % Wab pfd .. 77% 77 73 76% Rubbers— Ajax ... ... 9% Fisk , 16% ... 16% 16% Goodrich . . 43 % 43 % 73 % 43 % Goody pfd i 100 99% 100 99% Kel-Spgfd . . 10% ... 10 10 Vi U S Rub.. 69 58% 59 58% Equipments— A C & F. 100 Vi ... 100% 100 Am Lo ..107% ... 107% 107 Am St F. . 44 ... 44,, 44 Ba Loco ..152% 151% 151% 152 Gen El .. 83% 83% 83% 83 Vi Lima ... ... 62 N Y A B 42% Pr St C 40 Pullman ..187% 186 187 189% Westh A B 136% 136 136% 135 % Westh Elec. 68% ... 68 68% Steels— Bethlehem.. 47 ... 46% 47 Colo Fuel./. 45Vi 43% 45% 43% Crucible . . 78 % ... 78 % 77 % Gulf St Stl 53 >i ... 53 Vi 53% P R C & I. 46% 45% 45% 44% Rep Steel ..57 % ... 57 % 57 % Slosb Sheff 127 UUS Stqel 150% 155% 156 Vi 156% Ahoy 28% Vail odium . 39 % ... 39 % 39 % Motors— Am Bosch.. .. ... ... 16% Chandler ..22% 23% 22% 22% Chiysler ... 42 % 42 % 42 % 41 % Cont Motor. 13% 13% 13% 13 Doago 27% 26% 27 26% Peeriees ... 29 % 20 29 %® 29 Gabriel ... ... 30 Gen Motor. 154% -53% 154 H 153% Hudson ...58% 57% 68% 54% Hupp 22 % 22% 22% „ 22% Jordan .... 22% ... 22% *22 Mack 96 p 4% 95% 95% Martin Par. .. ... ... 21% Moon 12% 11% 12 Vi 12 Nash 73Vi 71% 73 71% Packard ... 36 % ... 36 <% 36 % Pierce Arw. 22% ... 22 22% Studebaker. 55% 54% 65% 64% Stew Warn. 65 % ... 65 % 64 % Timken ... 79 % ... 79 % 79 % Willys Over. 23% 22% 23% 22 Vi White Mot. 57 Vs 56% 57% 50 Vi Mining— Am Smelts 141, % 140% 140% 140% Anaconda .48 ... 48 48 Cer De Pas. 62 ... 61% 61% Inspiration. 25% ... 25 % 25 lilt Nickel . 38% 38% 38% 38% Kennecott.. 61% 61% 61% 61% Tex G & S. 60% 50% 50Vi 50% U S Smeltg 36 ... 36 36 Vs Oils— At!an Refg 114 113% 114 113% Calif Pete. ... ... ... 30% Freept Tex. 35% 34% 35 34% Houston ..01% ... 61 Vi 01 Ind Oil. . . 30 % ... 29 % 30 Marland 011 67% 57% 57% 57% Mid-Conti P 35% 35% 35% 35% P-A P (B) 63% 62% 62% 03% Pacific Oil ... 1 % Phillips P.. 50% 55 Vi 56 60% Union Oil.. 65 Vi ... 54% 55 Pure Oil.. 27% ... 27% 27% Royal Dut. 62% ... 62% 61 % Shell 29 % ... 29 % 29 Sinclair ... 19% 19 Vi 19% 10% Skelly 35% ... 35 35 S Oil of C.. 58% ... 58 Vi 58% S Oil of N J 38 % 38 Vi 38 % 38 % Tex Com 56 v% ... 56% 56% Tr Petrol.. 4% ... 4% 4% Industrials — A Rumely. 10% 10 10% 10 Allis Ch ... ... 89 Allied Ch. 137% 136% 136% 130 Arm (A).. 15 ... 15 15 Amer Can. 48 % 48 Vi 48 % 48 Am S Ra 3, ... ... ... 65 Am Woolen 33% ... Coco Cola.. 170% 170 170% 169% Cont Can.. 72 % ... 72% 72% Certainteed . . ... ... 42 % Dav Chem ... ... ... 27 % Dupont .. 174% 172 Vi 174% 173% Fam Play 113% ... 113% 113% G Asphalt. 80 % 85 85 Vs 85 In Comb E 48% 47% 48 47% Int Paper. ... ... ... 63% lila Harv. . 143% ... 142 Vi 140% May D St 137% Mont Ward 67% 67 Vi 67% 06% Nat! Lead. ... ... ... 165% Owen Bot.. ... ... ... 78 Radio 63 52% 53 62% Rom Type 116% ... 116% 116% Real Silk.. 40% 40 46% 40 , Sears-Roc... 52% 51% 52 52 Vi Un Dr ....108 ... 108 167 U S C I P. 223 220% 222 220 nsiAi... 79% 79% 79% 79% Woolw 182% 180% 182% 180% Utltties— Am TANARUS& T. 150 % 150 150% 150 Am Exp ... ... 128 A Wa Wk 65 BklVnMa I: 68% V.'.’ 33% 68% Col G& E. .89 % ... 89 % 89 % Con Gas ..108% 108% 108% 108% Interb ... ... 47 % No Am Cos. 48% ... 46% 47 Peo Gas ... ... 127 Ph Cos 86 St G & E. / 65 % 65 65 % 54 % W Un ... 146 Vi Shipping— A Tll Cp 38 ASh& C. . 6 ... 6 6Vi Atl Gu .. 42 41% 42 39% I Me M pfd 37 % Un Fr .. . 119 Vi 119% 119% 118% Foodds— Am Su .. . 84 83 % 84 82 % A Be Su ... ... 24 Aus Nic ... 10 Be Nu Pk. .. . ... ... 67 Cal Pkg ... ... 69 Corn Pds .. 48% 47% 48% 47% CuCapfd.. 60% ... 60% 50% Cu A Su ... ... 28 Flelschm . . 47 Vi 46 % 47 Vi 46 % Jew Tea ... ... 64 % Nat Bisc .. 98 97 % O<V 97 Pimta A1 .. 40% ... 40 Vi 40% Postum . . 99 % 98 % 09 % 99 Local Wagon Wheat Local grain elevators are paying $1.23 for No. 2 red wheat. Other grades are purchasqel on their merits. Commission Row PRICES TO RETAILERS FRUITS Apples—Fancy Grimes Golden, bbl., t 4.60; Jonathans, bbl., $404.50; Delicious, 0-lb.. $2- Greenings, 40-lb. basket, $1.50. Cider—s4.so. 6-gal. ease. Cranberries—Jersey Howes, % bbl.. $4.60® 5. Cocoanuts—Fancy Jamalcas sack of 100, $5 ® 6.50. Dates—Bulk, 10® 11c lb.: Fards. 12 lbs., 2.40: Dromedary. $6.10. Figs—Smyrna. $1.4002.40: California. $1.2501.75; strings, 12c; rings, 14c; stewing. 14c: 9Weetheart, $6 case. Grapes—Fancy California sawdust kegs, $5; California Almira. $4®4.50 a keg. Grapefruit—Extra fancy. s4® 4.50: fancy. $3.25® 3.50. Honey—24-ease orate, $4.50®6. Kumquate—Florida, 15® 20c qt. Lemons—California, $4.50®7! Oranges—Florida, $4.26® 4.50; California navels, $3.76 06.26. Pears—Oregon D'Anjous, $5.60 box. Pineapples—Cuba, crate, $6. Tangerine—Florida, $2.50®4.25. Strawberries—Florida, 75c qt. SEA FOODS * Oysters—Gal., $2.40® 2.85. VEGETABLES Artichokes—California. $1.25 dozen. Beans—Florida green. per hamper. $3.5004.00/ Brussels Sprouts—Fancy California, 25c lb. Cabbage—Holland seed, 2%c lb.: red cabbage. 5c lb. Cauliflower—Crate, $3. Celery—Michigan, squares, $2, washed; Michigan Jumbo, $1 dozen; Californa, $5.76. Celery Cabbage—Aßox $1.60. Cucumbers—Florida, $2 dozen. Eggplant—Florida, $2.50 per doz. Garde—California, 12%c1b. Kale—Virginia Berocoli, $2 bbl. Lettuce —Iceberg. ct„ s3@4; H. G., hothouse, $2.40 15-lb. basket. _ Mangoes—Florida peppers. $6.60 crate. $1.75 peck. Mushrooms—Pennsylvania. $1.50 for 3 lb. basket. Onions—H. G. yellow. 100 lbs.. $3: H. G. red. $2.50.; Rnansh. crt., $1.90. Oyster Plant——H. G.. 45c dozen. Parsley—H. G., 60c per bunch. t Potatoes—Michigan round white, sack. 4.50; Minnesota early Ohios. 120-lb. bag. 4.25; Russets. $3.75. Radishes—Southern long reds, 25c; hot house buttons. $1.15. Root Vegetables Turnips, bu., $1; parsnips, bu . $1.50; carrots, Canadian rutabagas, #2 cwt.; H. 6. beets DU.. $1.50. Shallots—-Louisiana, 65c dozen. Squash—H. G. Hubbard, bb!.. *2.60. Sweet I otatoee—lndiana Jersey, bu.. $3; mediums. $2.26; Nancy Halls, S3 Tomatoes—Six-basket crt.. $7.50.

Wd Bk B. . 33 % ... 33 32 % • obafcos— Am Su ... 44% 43% 44% 43 Am Tob .... ... ... 121 Vi A Tob B. .120% ... 120% 120% Cons Cig ... ... -§3 % Gen Cig . . 65 54 % 55 54 % Liggett ... 101 % 100 Vi 101 % 100 % Lonllard ..32% ... 32% 32 RJ Reyn..l2o 119% 120 119% Tb Pd B. .110% 109% 110 110 Un Cig St. . 96% ... 90% 96% Sch R S 48% DROP IN GRAINS SURPRISES PUS / Wheat Falls Below Expectations —Other Cereals Off. Bv United Press CHICAGO, Jan. s.—Following Liverpool's decline of \\c in wheat futures yesterday that failed to rally and opened lower tlYan expected today. This caused a bearish sentiment to exist on the Chicago Board of Trade and opening prices were %c to %c lower than Tuesday’s closing figures. Corn opened unchanged to VsC lower. The moderate movement of new corn is causing considerable comment here. The light receipts indicated farmers are in no hurry to market corn. Oats opened %c to Vic lower. Trade in this pit remained light, wTth no outside interest. Provisions opened higher. Chicago Grain Table--5 WHEAT— Prev. High. Low. 11:00. close. May ... , . 1.37 1.36 ’i 1.36 % 1.36 % July ...A 1.29% 1.28 % 1.29 1.29 CORN— May 70% .79 .79 % .79% JU (?ATS-kl' • 83 -’ ’ B " H 8 * ’ - 8 -^ May 40% .49 .49 Vi .49% 1 .47% .47 .47 % .47% May 98% .98% .98 % .98 J LARD' ' ' 96 ™ 96 % 96 % .96% Jan. 12.22 12.12 12.22 12.00 March ... 12.37 12.37 12.20 May 12.57 12.42 12.57 12.32 RIBS— Jail •.• •. , .... 13.90 May .... 13.95 13.95 13.95 CHICAGO, Jan. 6.—Primary reosipU: Wheat, 619.000, against 802,000: com, I, against 1.431.000; oats, 49.000, sgalnst 060.000. Shipments: Wheat, 485,000, against 303.000; com. 362.000, 3gainst 241.000; oats, 238,000, against 582.000. MILKCONTRACf BATMGOES ON (Continued From Page 1) pocket for possession of the contract after it had been rescinded When Maxwell refused to consider this, Collins, according to Maxwell, then offered to trade three smaller contracts for the large one. Collins Denies Offer Collins told The Times "he did not make the offer, although it is understood he explained to Remy and his aids that the purpose of presenting the company’s representatives with the S2OO was to reimburse them for their expenses in carrying out the contract. Maxwell told Remy the following story: The contract was received at the Polk Company, Dec. 28, day after the grand jury drawings. Late in the afternoon of the same day, Collins phoned Maxwell and told him there had been a "mixup” in the milk deal and to come at once to the city hail. Not Passing Buck When Maxwell and Pritchard arrived, Collins said he “wasn’t trying to pass the buck," but the cimtract had to go to J. & A. and the Polk company would be taken care of later. Maxwell refused to return the contract and asked City Conroller William C. Buser what to do. Buser advised him to see the mayor. While they were awaiting the mayor, Collins came in and became angry because Maxwell and Pritchard had "made an effort to go over my head.” The next day, in conference with J. Duane Dungan, Polk Company manager, and Pritchard, Maxwell was instructed that the contract was "legal and the company woiild fight the limit.” That afternoon Maxwell and Pritchard again visited Collins and told Mm they intended to force execution of the contract. It was then that Collins offered the S2OO reimbursement fund. Maxwell said. Hospital officials made no definite recommendations for the milk of any certain company, It was ,sald. May Be Challenged When Antrim reports for grand jur y service in Criminal Court Tursday morning, it is expected that Prosecutor William H. Remy will challenge him because of the city milk deal. The new jury is to continue the political graft and corruption probe. Five others who will report as prospective jurors are: Richard Fairbanks, L. B. Martindale, Charles Clark, Herman J. Barnard and John L. Griffith. William Allen, one of the jurors drawn, was found to have been deceased five years. Deputy Prosecutor William H Seaffer stated he did not believe a jury will e obtained for several days. Mayor Duvall declared that he did not know anything about the "milk mix-up that John is in.” “My first knowledge that there was anything of the kind was when I gbw the papers yesterday afternon, the mayor said. “I don’t thlk that there is anything crooked in the affair. John probably got mixed up, that’s all. "The reason Remy is taking this up is because he probably wants to talk to the papers. "Anyway, Collins will have to fight it out on his own hook.” - / In Thibet It 1s the custom of natives when meeting friends to stick out their tongues as a mark og respect.

THE INDIANAPOLIS TIMES

Gets Back to Week’s Opening Prices —Calves Strong. —Hoe Price Ranxe — Dec. Bulk. Top. Receipts. 29. 12.15 12.26 6,500 30. 12.00 12.10 9.000 31. 12.00 12.10 4.500 Jan. 3. 12.10 12.15 8.500 4. 11.90 12.00 8.000 6. 12.10 12.25 7.500 The advance in the local hog market today brought prices back to those o\ the first day of the week. The 7,000 porkers received at the Indianapolis Union Stockyards were selling 20c higher on the hundredweight today than Tuesday. At Chicago the increase was 10c to 15c, not entirely offsetting its cut in prices there Tuesday, while the Indianapolis market regained its loss of the day before. Tuesday’s run was larger than the fresh one. and 468 head of pork were held over for today. Sales today were, for the most part, at $12.10. There was some light material bringing a top of $12.25. Hog Price Range The bulk of today’s offerings weighed 120-300 oounds, which sold at [email protected]. Higher top price was paid for meat in this class also. For hogs weighing 300 pounds up the quoted rate was $11.75i®12.10, and for packing sows, sloi®ll. Cattle receipts fell off a little from Tuesday’s, today’s number being I, beeves, with the market steady. Beef steers sold at [email protected]; beef cows, ss@7; low cutters and cutter cows, [email protected]; bulk stock and feeder steers, [email protected]. Vealers Strong The calf market was active, with prices steady to strong: Receipts, estimated at 1,100, were less than the previous offering. The bulk of the good and choice vealers went at sls, best vealers, $15.50. The undertone of the ovine market was weak. Fat lambs were little changed. Three decks of fed westerns sold for $12.25 per hundredweight, with most natives getting $11.50 down. Today’s prices were: Top fat lambs, $12.25; bulk fat Jambs, sll @12.25; bulk cull lambs, $5.60@9; ewes, $6 down; bucks, $2 @4. •—Hobs — Receipts, 7.500: market. hlßher 120-300 Ins $12.10® 12.25 300 lbs. up 11.75 ® 12.10 —tattle— Receipts, 1,200; market, steady. Beef steers $7.50® 10.50 Bulk stock and feeder steers. 6 60® 7 75 Beef cows 6.00® 7.00 Low cutters and cutter cows 3.50 0 4.75 Receipts. 1.100: market, strong Best vealers $14.50015.50 Heavy calves 6.50® 9.00 —Sheep— Receipts. 1,100; market, weak. Top fat lambs $12.25 Bulk fat lambs 11.00® 12.25 Bulk cull lambs 6.50® 9.00 Ewm 6.00 ddwn Bucks 2.00® 4 00 A Other Livestock LOUISViLLE, Jan. 6.—Hog—Receipts. 800; market, roughs and stags steady, others 10c higher: tops. sl2. Cattle—Receipts, 100; market, steady. Calve—Receipts, 200: market, steady; good to choh-e, $12.00013.50; medium to good. $9.50® 11. outs, $9.50 down. Sheep—Receipts, 50; market, steady: top lambs, $10.50® 11.00: seconds, $7.00@,7.50; sheep. $5.00 ® 5.50. V Peppermint Oil NEW YORK. Jan. 5. —Peppermint oil— Natural, $4.7605; U. S. P.. $6.25 06.50. Marriage Licenses Fredrick C. McDonald. 21. St. Paul. Ind., railroad worker; Wilma Sumpter. 19. St. Paul. Ind. Noah Randall. 2®. Mooresvllle. farmer: Mary Mann. 22. 2122 Beilis St. Harold Schibentreen. 23. 21 8. Sherman Dr„ machinist; Violet McGeab. 20. city hospital, nurso. A. L. Fisher 28. 725 Cottage, pharmacist; Anna Zimmerman. 32. Logansport. Ind. Albert Burce, 22 Plainfield. Ind.. oil company employe: Myrtle Home. 20. 3024 Park, stenographer. Arthur Arnold. 30. 1165 W. ThirtyFourth St., electrician; Alice Tully. 30. 2037 N. Alabama. Births Boys Wallace and Rebecca Johnson. 538 Eugene and Anna Miller. 2964 N. Ar/loyd and Lena Johnston. 5521 Brookvllle Rd. Jesse and Annie Woods. 2372 Cornell. William and Sophia Bohne. Christian Hospital. John and Rose Carr, St. Vincent Hospltal, Paul and Fem Johnson. St. Vincent Hos--9 Thomas and Nettle Beckett. 3006 E.l New York. Girls Gerald and Alice Strawder, 1143 KenFrank and Freda Billeter. 3340 CarrollVincent and Amenda Perdieu, 656 Drover. Carl and Emma Barnett. 2416 Paris. Cecil and Alma Barb. 5050 E. Tenth. Oscar and Clara Michaelis. 807 N. La Salle william and Eugenia Smith. Christian Hospital. _ , _ . . , , Arville and Daisy Cambridge. Christian Hospital. _„„ _ . John and Irene Banks. 123 Goode. Twins Leo and Mary Ollger. St. Vincent Hospital. boy and girl. Deaths Hulda Ann Underwood, 81, 319 W. Cora, mitral Insufficiency. Bessie Branson, 70. 46 S. Warraan, carcinoma. .. .. „„ . Harry Chalmers Geliatly. 60, 23 Johnson, acute dilatation of heart. David H. Lawbom. 35. Christian Hospital. acute appendicitis. Minnie A. Martin. 03, Methodist Hospital. carcinoma. __ , John F. Welch. 56, Christian Hospital. Py Mabel Agnes Lemaster. 27. 29J6 Amette, mitral regurgitation. Infant Woemer, 4 hours. 107 W. Southern, premature birth. Agnes Ann Hibner. 80. 620 E. Vermont, arteriosclerqsis. . Infant Bailey, 1 day. city hospital, premature birth. . , Infant Bailey, 6 hours, city hospital. premature birth. __ _ Wildey J. Runyan. 61. 2062 Central, angina pectoris. _ „ . _ Mary Katherine Seibert,'3 months. 1808 College, septicaemia. Ponder Brown, 34. city hospital, tubercular meningitis. Buddy Cane Aldridge, 3 days, city hospital, premature birth. William N. Merrick, 78. 2948 Brouse, arteriosclerosis. , Infant Sims, 1 day, 2354 Shriver. premature birth. Joe Frank Grant. 42, city hospital, lobar pneumonia. Gurley A. McClanahan. 65. city hospital, pulmonary tuberculosis. Paul E. Rodgers, 1. 526 E. North, gastro enteritis. May Wells. 1 month. 1341 S. Meridian, lobar pneumonia. Forest Evans. 56. 1618 Bellefontiine, acute dilatation of heart. Building Permits R. J. Roller, furnace. 2935 Boulevard PI.. S4OO. Mrs. J. Henry Rosenburg. oil burner. 1110 Arsenal. $450. Raymond Truter, furnace. 1733-35 S. State. $260. A. M. Foster, furnace. Mad ford and Grinslade Construction Company, furnace. 820 E. Sixtieth. $125. R. F. Newman, wrecking. 1260 S. Belmont, $l5O. Mr. Coffin, excavate. 1901 Howard. S2OO. F. C. Tucker, dwelling and garage. 0682 Broadway, $2,800. Parker & James, dwelling and garage, 3841 E. Thirty-Second. $1,600. Charles Stevens, fire loss. 2931 W. Tenth. $l5O.

SAND VS. STONE ISSUESATCAUCUS (Continued From Pago 1) Republican State eommmltttee, acting- for Clyde Walb, and Joseph M. Huffington of Evansville, Klan titan and contender for the office of grand dragon when W. Lee Smith quits. From authorative sources it Is learned that this group is claiming forty-two votes for Pittlnger, out of the sixty-seven Republican members of the House. Leslie’s friends are claiming thirty-eight Despite statements that the Governor is maintaining a “hands off” attitude in the fight, it is learned that he has participated in many conferences regarding the speakership, .and will, if necessary, bring all the power and pressure of his office to bear for the Selma man. Pittenger Is known to be opposed to any investigations by the Legislature of any of the 'State offices, promises of the Governor are also While it is conceded that there are other interests vitally concerned with the office of swinging the gavel beside the crushed stone and gravel interests, these two interests dovetail into all the other propaganda afloat. The break in the Marion County delegation indicates that some of the members from this county will support/Leslie despite the unit rule which was reported as having been adopted. The Marion delegation will caucus tonight just before the big caucus. Milling in lobbies of the Claypool and Columbia Club Tuesday night could be found most of the State politicians and their friends. Lobbyists began to make their appearance and their presence felt. Most voting members were noncommittal on their speakership choice. With the arrival of the entire membership today there will probably be a crystallization of sentiment. A lack of cohesion among the membars of the majority party is the main concern of the leaders. Strenuous efforts are being made today to knit together the various cliques. Calvin Ferns. Muncie, will again act as parliamentarian of the session. He has been unravelling the knotty problems of law making for the past twelve years and on the fight for Speaker declares he has no choice although Pittenger comes from his county. I-afayette Gilley, Washington, seems to be the choice as principal 4 clerk against William G. Lytle of Flora, although Mrs. Elizabeth Daugherty of Treaty has mustered some strength. The clerkship may depend on the outcome of the main fight. Atyuch trading is expected. Harlan vs. Nejdl Friends of Denver C. Harlan, Wayne County, candidate for president pro tern of the Senate claim to be making serious inroads on the candidacy of James J. Nejdl, Whiting, who held the place in the session of 1925. Absence from the city of Harold Van Orman, Lieutenant Governor, and principal backer of Nejdl, has been giving the vote-gatherers for Harlan much hope. They maintain that if Van Orman fails to reach the city until shortly before the caucus, which is to be held in the Senate chamber tonight at 7, that they will have enough votes to put Harlan over. The administration forces are rallying to the support of the Senator from the northern end of the State and deals galore are being made. Not a little unpleasantness has been caused by rumors to the effect that Van Orman sent for Nedjdl and another advisor to make up committee assignments for the coming session. The usual group of candidates for various Senate posts have been announced. As in the House final disposition will depend on the trading. VETERAN BUILDER DIES Funeral Services for Orion B. Ent to Be Held Thursday. Orion B. Ent, 64, president of the State Construction Company, died at his home, 2251 N. Meridian St., Tuesday following a short illness. Mr. Ent was born in Hamilton County, Ohio, and came to Indianapolis about thirty-five years ago. He entered the construction business when he came to this city. His firm performed partof the work on tthe Riley Memorial Hospital "h-nd erected several schools and churches in the city. He was a member of the F. and A. M., Scottish Rite, Knights Templar, Shrine, Pentalpha Lodge and Odd Fellows. Surviving are his widow and a brother, Harry Ent, Indianapolis. Funeral services will be held at 2 p. m. Thursday at the home. The Scottish Rite will have charge of the services. Burial will be in Crown Hill cemetery. U. S. MAY KEEP SHIPS Senate Would Halt Sale Pending Formulation of New Policy. Bv United Press WASHINGTON, Jan. 5. The Leviathan and other vessels of the United' States Line, which were put on the auction block recently, probably yill remain in the hands of the Government for a long time, maybe permanently. The Senate, which stepped suddenly into the shipping situaotin several weeks ago and temporarily blocked sale by.an investigation, is planning to go on record opposing selling until Congress can formulate a definite merchant marine policy. SUES THEODORE ROBERTS Bu United Press SALEM, Mass., Jan. s.—Theodore Roberts, movie actor, has been named defendant in a $3,000 suit here by Annie V. Grady of Lynn. Roberts is alleged to have borrowed $1,200 from Miss Grady’s brother, the late Jere Grady, vaudeville actor, who did two years ago. Miss Grady seeks to collect the alleged loan with interest.

ATCHISON EXTRA DIVIDEND BRINGS 5-POINT DESCENT Mockler Predicts Effect of Coming Motor Show. By E. Walter Mockler NEW YORK, Jan. s.—Atchison directors met Tuesday and declared the long hoped for extra dividend, but not in quite the dimensions hoped for in the Street. The announcement of the ' extra was bungled by the reporting tickers through over-anxiety and the Street had a minute of uncertainty. The extra dividend amounted to 75 cents per share in addition to the regular dividend at the rate of 7 per cent annually. The first ticker flash reported the dividend at 3 per cent, or $3 per share. If the 76-cent extra dividend is continued quarterly it- will place Atchison on a $3 annual extra basis. However there was no indication that the extra would be declared again and the street took the view that only a 75-cent extra could actually be counted on and gauged its market activity accordingly. After a brief period of strength during the minute that it required to correct the erroneous report, Atchison weakened appreciably and dropped more than 5 points below its previous closing basis. Shifting Moves In the balance of the market the trend was firm and weak by turns in quick shifting movements. On the one hand there was plenty of stock for sale, but the action of the market that the professional interests which were endeavoring to unload were quick to resent apy short selling by other interests and were willing and able to protect their markets against such attacks. Call money held at 5 per cent all day with sufficient funds to supply all demands. It is probable that funds will remain steady to easy for the coming few weeks with the yearend turnover completed and the vast volume of currency withdrawn for holiday purposes put back in the banks again. It is the withdrawal of currtfficy such as this which does the most to firm up money rates. Even more so than the concentration of funds for window dressing purposes at the end of the year. Motor Show With Nash holding exceptionally well, the motor stocks received substantial support today. This is not unusual concerning the size of the outstanding short interest and the fact that the motor show is but it few days away. It is usual to expect good support of the motor stocks during this show, even if it is necessary to inspire the support. It \s? realized that the coming motor show will have more real significance than most previous like exhibitions. Conditions in the motor industry have narrowed down to a point where competition is pressing against the smaller companies and is keeping the major producers keenly on the alert. Naturally the big companies can operate on a narrower margin than can the small units and as a rule are much better situated to stand off a price-cutting war. If such a war comes, and it will not surprise Wall street to see it, the small companies are going to have hard"sledding of it and no mistake. MERGER APPEAL, PLAN OFRIICKER (Continued From Page 1) by a commission of five members who are free from bias, prejudice, corruption or any element which would prevent each of such members from hearing such petition fairly and impartially and giving a fair and honest order in the matter.” Opposes Proposal Rucker declared he had refused to agree to a proposal of Fred C. Gardner, secretary of E. C. Atkins & Cos., and member of the Chamber of Commerce merger committee, that the merger opponents withdraw their opposition to the if the capitalization is cut to $44,000,000. It has been reported that the chamber committee and other merger opponents have been considering a proposal to agree to the merger on a lower valuation. Chairman Emerson W. Chaille and Attorney Frederick Matson, who has been representing the Chamber of Commerce in the merger fight, refused to comment on the report at the conclusion of a meeting of the Chamber of Commerce committee this morning. Matson promised a statement later. Emphatic denial that the Chamber committee authorized Gardner to submit the compromise proposal to Rucker, was made however, by one of the committee members. Mayor on Fence "Clarke and his bunch will undoubtedly get the Chamber of Commerce bunch and some of the others over to a compromise basis, but they won’t get me over,” declared Rucker. If Mayor Duvall signs the ordinance appropriating Rucker $15,000, passed by council, he will carry the merger fight to Federal Court, he said. Duvall said he was considering the ordinance, but lack of money in the city treasury had prevented (him from signing it so far. TWENTY SOLDIERS SLAIN Bv United Press PARIS, Jan. s.—Twenty Spanish soldiers ware shot and killed from ambush by members of the Benlider tribe near Tetuan, Morocco, dispatches received here today said. The attack was connected with the smuggling activities of the tribesmen despite surveillance by Spanish authorities.

YOUNG MAN PURCHASES ‘NOTHINGS’ ‘What-You-May-Call ’Ems’ Add Color to Sheriff’s Sale of Goods. "Hey, hey, what’s that—the Japanese flag?" This question was put to a deputy sheriff Monday in the courthouse corridor at a sheriff’s sale when twelve articles of women's silk lingerie, four bathing suits and a wool sweater were sold. Waved Frantically What he waved frantically in his right hand was a pair of canarycolored "nothings.” He made no reply, but continued to yell: “What am I offered for these beautiful what-you-may-call-’ems? 50 cents?” He got 55 cents for the “what-you-may-call-’enis.” Law Forced Sale The total of Individual bids on the garments was $8.60 and the highest price offered for any one article was $1.65 one the wool sweater. But along came a young man, tyell dressed and mustached, who said he’d pay $12.10 for the entire lot. He got them. And now, before any one and tells the sheriff’s wife, let it be understood that the "pretties” came into the sehriff’s hands in a receivership suit and the law made him sell them. DISABLED FIGHTER FAILS J BONUS twenty-year endowment insurance certificates in lieu of a bonus, based on $1.50 a day for foreign service and $1 a day for domestic service, the total face values of the certificates with 6 per cent interest falling due in 1946. It was intended by the Government that those desiring to borrow proportionate amounts of the certificates might do so after Jan. 1, 1927. The average amount that may be borrowed is approximately SIOO each, at the present time. Government Falls Down Bankers are refusing loans because repayment to them by the Government in event th\veteran does not redeem his note at the expiration of ninety days, is too indefinitely stated in tho act providing for certificates. The act provides that in such cases of non-redemption the bank may present the certificate and note to the director of the veterans’ bureau at Washington, who may, in his discretion, accept the full certificate, deducting the amount of the loan plus 2 per cent interest per annum for ninety days from the face value of the certificate, repayirg the bank, and holding the certificate for the veteran until maturity. That the director must take up the loan is not stipulated. Loans cannot be granted for more than ninety days. "The investment on the part of our bank is not good,” declared Gordon Tucker, head of the Continental National Bank loan department. “If the Veterans’ Bureau does not. take up the loan, then the bank must wait eighteen years until the certificate matures. Such an investment. for only 50 cents interest on SIOO, is no good. “We are also handicapped because enough of the particular blank note forms required and furnished by the .Government have not been received. In any event, until the Government assures us a definite repayment of the loans, we are not handling them at all.” Own Customers Only Wilbur B. Shook, head of the loan department of the Fletcher Savings and Trust Company, said they were taking care of their own customers only, and that the forms which the Government furnished have been exhausted. “We are holding tip loans to our customers until new forms arrive,” H. E. Sutherlin, vice president of the Fletcher American National Bank said. "Nothing doing—it’s too complicated and unsafe,” declared J. M. Mendenhall of the loan department of tho Merchants National Bank. “Three hundred men applied here Monday for loans on their certificates. We are refusing all of them until the government straightens out the terms of such loans.” Security Insufficient "The security presented is not sufficient,” said L. G. Burck of the Indiana National Bank. "Suppose a man dies away from here in years to come, to whom we made such a loan —and we are required to furnish the Government with notice within fifteen days of his death. We don't know of the situation, and, accordingly, lose our investment.” "Ninety-five per cent of the veterans trying to ‘cash in’ on their certificates do not Intend to redeem them,” said J. J. Kiser of the MeyerKiser Bank. "If the Government will definitely assure us that the loan will be protected, then we will enlarge our loan policy in this case to include others than our own customers. Until then we will do ing.” •> ! ORMISTON FACES HEARING LOS ANGELES, Cal., Jan. 5. — Kenneth G. Ormiston, radio operator and chief co-defendant in the Aimee Semple McPherson conspiracy case, faced araignment in Superior Court today. Ormiston was represented today by an attorney for the first time since he voluntarily returned to Los Angeles and surrendered to the authorities following a long man hunt. It was planned to ask for a continuance. FILM STAR ROBBED Bv United Press HOLLYWOOD, Cal., Jan. s.—Hoilywood police have been notified by Virginia Lee Corbin, juvenile film star, of the theft from her home of $4,000 worth of Jewelry, furs and clothing.

JAN. 5, 1927

MOTORISTS WANT AUTO TAX MONET SPENTON ROADS Hoosier Club Will Make Recommendations to Legislature. Indiana motorists nearly unani* mously favor, expenditure of tax money paid by car drivers on roada and for purely motoring purposes, according to replies to questionnaires sent out by Todd Stoops, Hoosier Motor Club manager The automobile Urlt'eT* favored a proposal embodied in recommendations for the Legislature that one cent of the 3-cent gasoline tax which is now diverted by the highway commission be retained by that department. “We want the auto theft money of $490,000 retained not in general fund where It is now but in the auto theft fund where it belongs,” was another popular item. "We want some of this surplus used for roads.” Proposals Other official recommendations of club officials approved were: Requirement that the highway commission be ordered to maintain detours in condition fit to be used. Bridges should be painted white on the road sides. Motor law enforcement officials should be in uniform. j No stop and go signs In villages under 2,600 population. No vehicle shall be allowed on the roads without illumination. Increased provisions for suspending automobile licenses. Allowing road contractors to build bridges up to fifty feet long. Would Require Bridges Requiring the highway commission to build temporary bridges at streams where new bridges are being built or old repaired when the travel exceeds 1.000 cars a day. Among the Independent proposals of individual members were: Make it a felony to thrive through stop signals. Have all stop signals become Inoperative between 1 and 6 a. m. Place all search lights on cars below the headlights and direct the ray of the light to the ground. A law to make slow drivers keep out of the center os. the road. Restrict the right to erect no parking signs to the police department. Two years for the driver who does not dim his lights and ten years to the driver who does not dim his lights after signalled to do so. A law authorizing the State highway commission and county commissioners to paint the center of the road with a white line as a means of eliminating accidents at night. TALKS OVER WFBM TO FIGHT STATIC Andrew J. Allen Will Deliver Series of Lectures. A series of talks on “Radio Interferences and How to Identify, Locate, Remedy and Prevent Them,” will be given over radio station WFBM, Merchants Heat and Light Company, every Thursday at 10:30 p. m. for several weeks. Andrew J. Allen, secretary of the Indianapolis Broadcast Listeners Association, will deliver these radio talks in nontechnical language. His first talk will be on “Noises in the Radio Set and How to Locate and Remedy Them.” It is said that there are about three thousand potential causes of electrical interference, commonly known as “static.” “Broadcast listeners who co-operate with each other in their individual and collective duty of shouldering the task of locating radio interference, are lending themselves to the advancement of radio," commented Allen. “These talks for the listener's’ benefit are arranged to inform and educate the ‘listening public.’ ” Gone, but Not Forgotten Automobiles reported stolen to police belong to: Harry Cohen. 3057* Washington Blvd.; Chrysler, 672-392, from Washington St. and Capitol Ave. Paul Llnzey, Edgewood, Ind.: Ford, 556-488, from Capitol Ave. and Market St. John W. Pearcy, 1235 Spann Ave.; Ford, 523-170, from Raymond and Shelby Sts. Everett R. Freeman, 3835 Spann Ave.; Ford, 571-224, from Washington St. and Capitol Ave. A. 11. Sherrard, 1404 Charles St.; Ford, 549-883, from Charlta and Arizona Sts. L. D. Moses, Hotel Edward; Dodge, from the hotel. BACK HOME AGAIN Automobiles reported found by police belong to: Farrella M. Brown, 4069 Rookwood Ave.; Aubwnn, found at Fall .Creek Blvd. and Ruckle St. Marmon, found at Alabama and Michigan Sts. KIP LOSES IN APPEAL Bv United Press BROOKLYN, N. Y., Jan. s.—The appellate division of the Supreme Court Tuesday upheld all findings of the jury before Supreme Court Justice Morschauser at White Plain* in the unsuccessful suit for annulment of marriage brought by Leonard Kip Rhinelander aganlst the former Alice Jones, his Negro wife. QUAKES IN CALIFORNIA 1 81l United I'ress EL CENTRO, Cal., Jan. s.—Two earth tremors, one of them severe enough to stop clocks, shook this city Tuesday. The temblors were felt at 2 a. m. and 5 a. m., rousing residents from their slumber#. Neither shock caused any damage. \