Indianapolis Times, Volume 38, Number 237, Indianapolis, Marion County, 8 January 1927 — Page 11
JAN. 8, 1927
ADDITIONAL SPORTS
PURPLE DEFEATS BUTLER Two Free Throws in Final Moments Give Evansville Victory. By Norman Isaacs Had one of Butler College’s repi-e----sentatlves of the net sport not grown over anxious In Friday night’s game with Evansville at the new Armory the Bulldog quintet might be rejoicing over a victory today instead of being wrathfully remindful of the fact that Evansville won the game, 25-23. A personal foul, called on a Butler player for fouling an Evansville man in the act of shooting for the goal in the closing minutes of play, was the margin. Gardner, flashy Purple Ace forward, proved to be one of those cool, even-minded chaps even under intense pressure. He calmly stepped to the foul line and sank the pair of free throws without even touching the rim. And it was all over when the gun went off a moment later. The game was one of those hardfought battles in which firßt one and then the other team holds the advantage. Evansville held a 10-8 lead at the conclusion of the first half, but which counted for little in the fiercely fought second half. The score was tied half a dozen times and the crowd was in a fever heat. Tom Rea Gardner were the high scorers for Evansville, while Chandler snagged high point honors for the Bulldogs. Summary: Evansville (85). Butler (23). R. Rea F Holtz Gardner P Chadd Abel C (C.) Wakefield Lana G Christopher T. Rea <O.l G Budd Substitutions (Evansville) Williams: (Butler) Chandler. Field (coals ville) U. Rea (2). Gardner (3). Abel. l. T. Rea (3): (Butler) Holz. Chandler 12). Wakefield (2). Christopher (2). Foul Koala —(Evansville) R. Rea. Gardner (2). Lans (21; (Butler) Holz. Chandler (5), Wakefield. Chadd, Christopher. Well, we've missed again. We said Friday the Bulldogs would be more vicious than the Purple Aces. We were wrong annd Butler got nosed out. And how! Evansville played a deliberate game, stalling for openings and at the same time keeping Butler away from the ball, which we believe was most important of all. The Evansville boys were using their heads and didn’t let Butler handle that basketball any too much. T Asa whole, the Butler netters were erratic on shooting and still worse on their passing. Hinkle's men generally are accurate passers and make every shot under the basket count. Friday night exactly the reverse was true. Time after time a Butler man would find himself under the basket, free, and then proceed to dub his Bhot. The Blue and White, despite the erratic work, made a great game of it in the second half, and when Evansville started trailing—things happened so faslt one hardly could follow the ball. During the second half we were right behind Blythe Hendricks, who was broadcasting the game for the Indianapolis Times over WFBM. Blythe enjoyed the battle. “Here he comes under the basket —golly!—lie missed it—there Holz has shot again—it's rolling around the hoop—it’s going (o go in—no!— it rolled out—an Evansville man has the ball—Cowboy Ijing has It—there it goes to Rea—Tom, I mean—oh— Lang's got It again—he’s shot—he made it and the seore is now—” Blythe got us excited and we came near jumping up and down. Those folks at home vnyst have been throwing the furniture around when Blythe announced. ’’A minute more to go—and the score is tied!’’ Man, oh, man! Fights and Fighters Hu United Press . NEW VORK—Spue Meyers. Idaho lightwei*ht. defeated Sid Barbarian. Detroit. In ten rounds: Billy White. Jersey City, beat Harry Cook. Buffalo Negro. SYRACUSE —Jackie Brady, Syracuse, dc. (rated Johnny Pilktneton of New York. ERIE. Pa.—Ted Easterbrook. Niles. Ohio, beat Chet Tliomas. Boston: Bert Hiltier. Montreal, lost to Art Millies. Eiwood City. ■ NEW YORK—Tod Morgan. Junior lightweight champion, lost the decision to Phil McGraw. Detroit lightweight, in a tenround bout at Madison Square Garden last m, decision was unpopular with the crowd and with most newspaper writers, who thought that Morgan at least was entitled to a draw. One of the three judges called It a draw while the other two favored McGraw. Morgan's title was not involved, since both were over the 130-pound weight limit. NfiiW YORK—Swedish and Danish amateur boxers won five of eight bouts with local amateurs Friday night The only Americun knockout was scored by Joe Hanlon over Olaf Falk. Sweden. The Referee What is Pal Moran’s real name? —J. K. L. Paul Mlnrana. Where was the western amateur golf tournament in 1914 held? —H. H. K. At Grand Rapids, Midi. How much money did Crusader win in 1926? —J. L. $166,033. What was Gene Sarazen’s score in the 1926 Miami open?—K. L. M. 289. Whot is the Metro open golf champion?—!. O’M. Macdonald Smith. How old is Norman Genet, the fighter?—K L. Twenty-six years old. Did Billy Wells ever hold the Canadian welterweight title?—J. H. Yes. “Y” PRACTICE The manager of the Central "Y" basketball team has requested all players to report for practice tonight tn. the small gym of the Y. M. C. A.
Landis Weighs Evidence (Continued From Page 10) was given to Detroit as a “present” for good work the Tigers did against Boston, who at that time was run-ner-up to Chicago for the league lead. 2. The Inability of some of the Detroit players to make a complete accounting of the distribution of the pot—sßso. Bill James, Tiger pitcher, admitted receiving the money, but could not tell what he did with all of it. Itisberg and Gandll asserted the amount was $l,lOO. 3. The failure of Risberg and Gandil to prove that Eddie Collins, Red Faber and Ray Schalk or Clarence Rowland, then the White Sox manager, had any knowledge that any arrangement existed between the Tigers and White Sox, except their admittals that they knew the Tiger pitchers were to be given S2OO each for every game they won from Boston. .James’ Statement Bill James, when he took the stand, admitted that Gandil gave him the SBSO, but said the money came with the understanding that it was to be given to the Tiger pitchers, at the rate of S2OO for each game they had won against Boston. "I gave S2OO to Willie Mitchell, the same to George Daus3, kept S2OO for myself and gave SSO each to Bernle Boland and George Cunningham,” James /Said. That left $l5O to be accounted for. James said he could not remember what he did with this, but that he probably gave Oscar Stanage, catcher, SIOO. Stanage previously has testified that he received about $75 and that this amount had been made up from money that the pitchers chipped in out of their shares. “Then Stanage received $175 in all,” Landis countered. The commisioner called Stanage to the stand and asked him to explain the discrepancy. "It may have been $75 or $175,” Stanage said. “If James says he gave me SIOO out of the original pot, he must have done it.” James was preceded on the stand by Chick Gandil. The former star first baseman told about the same sTory that Swede Risberg previously has told—to the effect that the Sox and Tigers conspired to "fix” the series in order that Chicago might gain a lead ov/sr Boston. Gandil told of giving James the money in Philadelphia. He said that the money was given to James for the “friendship Detroit had shown Chicago in allowing the White Sox to win the four games.” Landis then informed him that the other players who testified had said tills money was for the Tiger defeats of Boston. Gandil asked for the box score of the four games. Then he proceeded to point out that the White Sox “were certainly allowed more bases on balls and stolen bases than they were entitled to.” Chick, after charging the Tigers “threw” the senes, added further fuel to the fire by corroborating Risborg’s charges that the Sox in turn “threw” three games to the Tigers, Sept. 26, 27, 28, 1919, as a return for the Tiger favor of 1917. “We had the pennant cinched in 1919 when we met the Tigers,” Gandil said. “Detroit was fighting hard for a place in the money, so we thought it would be nice if we’d help them out a bit, considering what they'd done for us two years before." Gandil denied the Tigers gave the the Sox any money as he said the Sox did with Detroit. Chick was followed on the stand by several other players, who had not testified previously. They included Bird Lynn, former White Sox pitcher; Oscar Vltt, non' a manager in the Coast League; Hasbrook, a Sox “rookie” in 1917 and Roy Wilkinson, former White Sox pitcher. Each denied any knowledge of the affair except Hasbrook. Hasbrook had the following to say: “Our club was in Boston, the latter part of the season, a meeting was held, from which I was excluded. I stood outside, feeling “sheepish” and hurt because I wasn’t allowed in. After a while the players came out. Chick Gandil came up to me and to relieve my feelings told me that the reason I wasn’t allowed in was that he didn’t think, that inasmuch as I hadn’t been with the club long, that I should give away any money.” Landis seized on it because all players accused by Risberg and Gandil swore that “discussion of the pot” had not come up at any meetings. “Hasbrook is right, judge,” Gandi|, said/ “I told you that the thing was discussed at meetings.” Eddie Collins, Ray Schalk, Clarelce Rowland, and several others then testified that the meeting was probably just “one of the daily meetings” and that “rookies were sometimes barred from these.” Further evidence that Buck Weaver, another “blacklisted” player, who always maintained his innocence, was guiltless of any complicity in this affair was furnished by Oscar Vitt. Previous testimony had developed that Weaver refused to eonstribute to any pot but that he had given Vitt a Christmas present as his share. “Buck gave me a Christmas present every year from 1914 to 1919,” Vitt said. We used to spend our winters together in the California mountains. That present had nothing to do with this whatever.” Vitt said he knew nothing about any "game-throwing.” CHALLENGES FATHER Bv United Press NEW YORK, Jan. B.— Alfred De Oro, Jr., has challenged his father, former world’s champion at pocket and three-cushion billiards, to a match to be held here Monday. Young De Oro was trained by his father and believes he is now proficient enough to become a bigleaguer. METEORS TRIM FISHERIES The Indianapolis Meteors defeated the Grassy Fork Fisheries quintet, Martinsville, 38-20, at the Hawthorne Community House, Friday night. The game was rough. The Meteors have re-entered the Central Indiana Basketball League as Indianapolis representatives.
HOG PRICES HERE HIGHEST IN TWO WEEKS
PIES FIRM ON STOCK EXCHANGE AS WEEKCIOSES American Telephone and Telegraph Highest in Decade. Average Stock Prices Average of twenty industrials Friday was 100.53, up .37. Average of twenty rails, 120 40. up .81. Average of lorty bonds. 00.35, up .07. new high. Bv United Preen NEW YORK, Jan. B.—The last session of the week on the stock exchange got under way with prices firm in all sections of the list and trading active. Representative issues were in good demand. The Wall Street Journal’s financial review described the day’s business as follows: A measure of the extend of investment demand which is overflowing into the stock exchange was afforded by the rise in the average price of forty leading bonds as compiled by Dow-Jones & Cos., to a further record high at 96.35 at Friday’s close. This evidence of a large mass of funds seeking placement was the principal influence in Friday’s demonstration of strength of standard stocks and this factor continued dominant in early trading today. American Telephone and Telegraph, which is recognized as one of the best grade stocks listed on the exchange reached its highest price in more than a decade at .152 Vi, up ViI Banks and Exchange —Jnn. 8— INDIANAPOLIS STATEMENT Local bank clearings were $4,270,000: debits, $7.Oil).000. Clearings for the week were $32,030,000: debits. $60,264,000. FOREIGN EXCHANGE Bv United Press NEW YORK, Jan. B.—Foreign exchange closed, lower. Demand sterling, $4.845, off .00% ; francs 3.05 Vi <\ up .00%; lire 4.40%c. off .02: Rclga 13.80 c. off .00%: marks, 23.73 c; Holland 39.99 e, off .00%: Russia. 5.15 c: Shanghai, 59%e; Yokohama, 48.84 e. AGIO SHOW OPENS IN NEWYORK CITY New and Improved Models on Exhibit. Bv United Preee NEW YORK, Jan. B.—Following a year in which anew production record was set by manufacture of 4,600,000 cars, American automobile firms today exhibited the models by which they seek to attract an even larger trade volume in 1927. Three hundred open and closed types, shining and in their newness appearing incapable of punctures, frozen motors or any of the other ills which at times beset a car, were displayed at the twenty-seventh annual national automobile show. Forty manufacturers were represented. The show was brighter In color this year than ever before. The factories have paid marked attention to body designs and offer a variety of color styles for the prospective buyer, who may select the hue that best suits his temperament or disposition. Technically the trend seems to be toward the small type six-cylinder car with compact engine and body on a small wheelbase. The eight-cylinder car has attracted more manufacturers, with Marmon, Chandler, Paige and Stearns-Knight entering the field. Lighter types of eight-cylinder cars are common. Two new low-hung cars probably will attract their share of attention. The Studebaker Corporation presents the Erskine on a 107-inch chassis, the height of the sedan model from ground to roof being only 67 Inches. The Franklin special tandem sport car is even lower, 65.2 inches in height. Produce Markets Butter (wholesale price) Creamery host grade, a pound. 52(3 54c. Butterfat—Local dealers pa.T 61@52c a bound. . .. . Cheese (wholesale selling prices)—Wisconsin Daisies. 24® 25c: Longhorns. 24® 27c Limburger. 37c. Eggs—Strictly fresh delivered at Indian apolis. 36® 38c. Poultry—Fowls. 21®22c: Leghorns. 13 ®l6c: ducks. 16® 20c. I. C. C. REFUSES REVISION Bv United Preee WASHINGTON, Jan. B.—Proposed revisions of rates on fruits and vegetables from points in southern Missouri and eastern Oklahoma, Arkansas and Louisiana to Mississippi River crossings, Memphis and points south were found unjustified by the Interstate Commerce Commission today. Births Girl? Clarence and Gladys Brovick. 2621 Bellefontaine. _ . ... i. Harry and Beulah Baugh, Methodist HosPi< !Rajph and Efile Barringer ,1631 Draper. Conyers and Blanche White, 5815 Rawles. Leo and Mary Anderson. 2625 Manker. Earl and Luella Durbin, 1302 Congress. Luren and Surelda Mayhew, 338 S. Lock bum. _ , .... , Floyd and Fern Pertdnger. 6411 Ashland. Henry and Florenoe Schilling. 2531 Prospect. George and Lillian Stettler, 3138 Boulevard /PT. Edward and Mary Hamilton. 2334 Roosevelt. Boys William and Martha Wigley, 109 Bloomington. Carl and Hester Schaner, Methodist Hospital. James and Mildred Campion, 4417 E. Thirtieth. Samuel and Gail Thornton, 3933 Byram. Deaths Robert Craig, 2, Riley Hospital, broncho pneumonia. Wilford Chew. 68. 2135 Barrett, acute dilatation of heart. Alvin Jacob Harshman. 66, 4848 Central, broncho pneumonia. George T. Runye* gjtf Cottage, chroma myoaaraUfe
THE INDIANAPOLIS TIMES
New York Stocks (My Thomson St McKinnon) " P
—Jan. 8— Railroads— Prev. High. Low. Close. close. Atchison . . lbtt ‘a 166% 166 164% Atl Cst L.. 191 187% 180% 186 B& O ... 108 107% 108 107% Canad Pac 166$ ... 166% 166% C&O ... 160% 159% 169% 160 C & NW . . 81 80 80 % 80 C R I & P. 73% 72 73% 71% Del & Hud 175% ... 175% 173% Del* Lack 142% ... 142% 143 Erie 40% ... 40_ 40 Erie Ist pfd 63% 63 63 % 63 Gt North pf 83 % 82% 83% 82 Lehigh Val 101 ... 101 100% K C Southn 42 % 41% 42% 41% Mo Pac pfd 91 % ... 91 91 NY Cent. .141% 141% 141% 141 NY NH & II 42 % 42% 42% 42% North Pac.. 83 84 81% 81% Nor &Wn 168% ... 168% 166% Pere Marq. .. ... ... 116 Pennsy ... 67% 67 67% 67 Reading .... 96% 95% 96% 95% S Rally ay 126 125% 126% 126 50 Pacific 109% ... 109% 109 St Paul ... 10% 10 10% 10 St Paul pfd 20% 20 20% 19% 51 L & S\Y 62 \ ... 62% 63 St L& S F 102 % 102% 102% 102 Union Pac 161% ... 161 160% Wubaah ... 42% ... 43 42 Wabash pfd 77% 77% 77% 77% Rubbers— Fisk Rubber 17% ... 10% 9% Goodrich R 48% 47% 47% 16% Goodyr pfd 100% ... 100% 100% Kelly Spgfld 11% 10% 11% 10% U S Rubber 61 60% 60% 60% Equipments— A C and F 101 ... 101 101% Am Stl Fdy 44% 44% 44% 44% Amer Loco 107% 106% 107% 107 Bald Loco 154J* 152% 153% 164 Gen Elec... 84% 83% 84 84 Lima L0c0... ... ... 64 % Pr Stl Car ~ ... ... 39 % Pullman ..186% 186 180% 185% N Y Airbrk 41 40% 40% 40% Westh Abk 130% ... 130 136% Westh Elec. 69% 68% 08% 09 Steels— Bethlehem. 47% 47 47% ... Colorado F 46 44% 44% 44% Crucible . . 80 ... 80 80 Gulf States ... ... ... 65 % PRC &I. 44% 44% 44% 44 % Hep I & S. 68% 67% 68% 57% Sioss-Sheff. 130 ... 130 129% U S Steel. 158 167% 158 167% Vanadium. ... ... ... 39 Motors— Am Bosch. ... ... 17% Chrysler ... 43 42% 42% 42% Gen Motors 155 163% 154% 153% Mack Mot. 92% 91% 02% 91% Hudson .. 50% 55% 50 V* 50 Hupp 22 ... 22 21 % Moon Mot. 11% ... 11 11% Studebaker. 60% 66 66% 65% Stewart W.. 07 00% 07 00 Pierce Arr... 22% 22 22% 22 Timken ...82% 80% 81% 80% Wiiiys-Over. 23% 22% 23% 22% Yellow Cab. 284* 28% 28% ... Minings— Dome Mines 10% 10% 10% 10% Gt No Ore. 19% 10% 19% ... Int Nickel 42 % 42 % 42 % 4& Tex G & Sul 60% 60% 50% 60% Coppers— Am Smelt 140% ... 139% 140% Anaconda .. 48% 48% 48% 48% Inspiration.. 24% 24% 24% 24% Kenneeott.. 61% 01% 61% 61% Miami 15% ... 15% ... U S Smelt. 35 34% 34% 35 Oils— Cal Petrol 31 ... 31 30% Mid-Con P. 30% 30 V 4 36% 30% Houston Oil 01% .. , 91 A, 01% Mniiand Oil 57% 68 Vs 57% 06% P-A P (B) 62 % ... 02% 62% Union Oil.. 65% 65% 65% 65% Phillips P.. 60% 60% 66% 06 Skelly ... 35% 35% 36% 35% Pure 0i1... 27% 27% 27% 27% Roya X)ut. 53% 63% 63% 63 S Oil of Cal 58% 68% 68% 58% S Oil of N J 38 ... 37% 38 Sinclair ... 20 , l 6 % 19% J % Texas Cos. .60 % ... 60 % 66 % Tr Con Oil 4% ... 4% 4% Industrials— Allied Ch. 138% 137% 137% 130% A ttumely.. 11% ... 11% U Al-Chal ... 89 ... 89 89 Am Can ..48% 47% 47% 47% AH&Lp... ... ... 52% Am Ice ...i.2& ... 122 ... Am Wo ... ... 32 % Oen Lea .. 16% 10% 10% ... Coca-Cola .170% 109% 109% 170% Dupont ...176% 1?6% 176 174 % Con Ca 71% 70% 70% 71 Dav Ch ... 31 ... 30% 30% Fa Pi 114 113% 114 113% Gen Asp ..80 % ... 86 % 85 4* lnt Pa ... 50 50% 69 66 Int Har ...141% 141% 141% 141% Ma St •••••• *-x *xx 137% Mt &Wd .. 66 % 66% 60% 00% Na Leah ..... •• • *xj , s•§!,. Radio .... 52 ... ol % 52 % Real Silk . 45% ... 46% 4o % Se-Roeb ... 62 % 52 % 62 % 62 % Un Dr ...109 ... 168% 169% U S I Al.. 80% ... 80% 80 Woolw 181 180 180% 180% l'till tie*— A T axtd T 155% 152% 165% 151% Am Exprss 180% 130% 130% 129 Am Wt Wks 65% .... 65 65% Hrklyu Man 68% 67% 08% 212* Col 6 and E 90% 90 90% 89% Cons Gas .109% 108% 108% 108% lutcrboro .... •. . 45% 44 No A nut Cos 40% 40% 46% 40% Peoples Gas .. ... ... 127 % Phifa Cos .. 80 St G and E .. ... 56% 50% Westn Un 145 144% 140 145 Shipping— Am lnt Con 37% 37% 37% 37% A 9 and C 0% 6% Atlcn Gulf. ~ ... 41 41% IM M pfd $7% M% 37% 37% Untd Fruit 117% 118% Foods— Am Sugar.. 82% 82% 82% 83 Am Bt Sug .. ... 24% 25 Austin Nich .. ... ... 9% Beech N Pk 58% Calif Pkg. . .. ... 68% 69 Corn Prod. 48% 48% 48% 48% Cttba Cn pfd 49 % 48 % 49 48 % Cuba Am Su 27 % ... 27 % 27 % Fleischmann 47 % 47 47 % 46 % Jewel Tea. . 57% 66% 67% 60% Nat Biscuit 100% 98% 100% 98% Punta Aleg 45% 44% 43% 46 Vi Postum ... 98% ... 98% 98 Commission Row PRICES TO RETAILERS FRUITS Apples—Fancy Grimes Golden, bbl.. t 5; Jonathans, bbl., $6: Delicious. 0-lb., $2 ■ Greenings, 40-lb basket. $1.60 Cider—s4.so 8-gal. case. Cranberries—Jersey Howes. % bbl.. $4 60 @5. Ooeoanuts—Fancy Jamaica* sack of 100 $6 ® 5.50. Dates—Bulk. 10® lie lb.: Fardo. 12 lbs., 2.40: Dromedary, SO.IO Figs—Smyrna. $1.40® 2.40; California. $1.25@1 75: strings. J2c: rings. 14c: stewing 14c; Sweetheart. $6 case. Grapes—Fancy California sawdust kegs ss’ California Almira $4®4.60 a keg. Grapefruit—Extra fancy. $4®4.60: fancy, $3.26® 3.60. Honey—24-case crate, $4.50®6. Kumquats—Florida. 15®20c qt. Lemons—California $4.60® 7. Oranges—Florida. [email protected]: California navels. $3.75 @6.25. Pears—Oregon D'Anjous. $5.50 box. Pineapples—Cuba, (Tate. *6. Tangerine—Florida. [email protected]. Strawberries—Florida. 76c qt. SEA FOODS Oysters—Gal.. [email protected]. VEGETABLES Artichokes—California. $1.26 dozen. Beans—Florida green. per hamper. $3.50 @4.00. Sprouts—Fancy California. 25c Cabbage—Holland seed. 2%c lb.- red cabbage 6c lb. Cauliflower—Crate. $3. Celery—Michigan squares. $2; Michigan Jumbo, washed $1 dozen: California $5.75. Celery Cabbage—Box $1.60. Cucumbers —Florida. $2 dozen. Eggplant—Florida. $2.50 per doz. Garlic—California. 12 %c lb. Kale —Virginia Brocoli. $2 bbl: H. G.. 76c bu.; $2 obi. Lettuce—lceberg, ct., s3@4: H. G.. hothouse. $2.40 16-lb. basket. Mangoes—Florida peppers $6.60 orate. $1.75 neck. Mushrooms—Pennsylvania, $1.60 for 3 lb. basket Onions—U. G. yellow. 100 lbs., $3: H G. red, $2.50: Spanish, crt.. $1.90. Oyster Plant—H. G.. 45c dozen. Parsley—H. G.. 60c per bunch: southern. 00c bu. Potatoes—Michigan round white, sack, t 4.50: Minnesota early Ohios. 120-lb. bag. 4.25: Russets $3.76. Radishes—Southern long reds. 26c - hot house Duttons. $1.16. Root Vegetables Turnips, bu., $1; garsnips. bu. $1.60; carrots, bu., *1.60; anadian rutabagas. $2 cwt.: H G beets bu„ $1.60. Shallots—Louisiana. 65c dozen. Spinach—Texas *1.26 bu.: California. $2.60 crate. Squash—H. G. Hubbard, bbl., $2.60. Sweet Potatoes—lndiana Jersey, bu.. $3mediums, $2.25: Nancy Halls, $2. Tomatoes-—Six-basket crt.. $7.60 Peppermint Oil NEW YORK. Jan. B.—Peppermint oU— Natural, [email protected]; U. S. P.. $6.25® Local Wagon Wheat . Local grain elevators are paying $1.25 for No. 2 red wheat. Other grades are purchased on their merits.
Ward Bk B 30% ... 30% 31% Tobacco#— Am Sumatra 45 ... 44 % 44% Amer Tob. ... ... ... 120 Am Tob B 120% ... 120 120% r--, )S Dear# 84% 83% 84 Gen Cigars 54% 54% *-...eW .. 100 ... 90% 1001s Lonllard .... ... ... 32 % R J Rynlds 120% . . . 120 120 Tob Pro B 110 108% 109% 109 U C Stores. 98% 98 98% 98% Sohulte R S 49 48% 49 48 % GRaTnSENDWEEK SLIGHJLYLOWER Liverpool Cables Cause Wheat Drop. Bv United Press CHICAGO, Jan. B.—Wheat closed % to 1% cents lower on the Chicago Board of Trade today, due to disappointing cables from Liverpool. That market was % to % cents. No new development was reported a the English market. The eastern seaboard reported export business to speak of. The market gained strength during mid-session and worked up to anew high for the present movement, but sentiment turned bullish and prices began sagging with weekend profit-taking. Receipts were fifteen cars, with moderate arrivals at outside points. Winnipeg, however, had 1,061 cars against 811 cars a year ago. The cash market was steady to % cent higher. German markets were said to be affected by the heavy Argentine offerings. Corn opened lower, but advanced to above the offer price, closing % cent higher than yesterday. The undertone was generally strong, with some selling on the advance and some selling against the offers. The cash market was steady to % cent higher. Receipts were 238 cars. Oats closed unchanged to % cent lower. Receipts were 91 cars. The cash market was unchanged. Provisions closed lower. Chicago Grain Table WHEAT— Prev. Open. High. Low. Close, close. May 1.38% 1.39% 1.38% 1.38 Vi 1.38% July 1.29% 1.30% 1.29% 1.29% 1.29% Jan. 1.35 1.35% 1.34% 1.34% 1.35% CORN— May .79 % .80% .79% .79% .79% Julv .82% .83% .82% .83% .83 OATS— May .49% .49% .49% .49% .49 Vi Ju£ ar A7% .47% .47% .47% .47% Jan. 12.27 12.32 12.22 12.22 12.30 RIBS— Jan. nominal 14.76 14.05 RYEMay 1.01% 1.01% 1.00% 1.00% 1.01 July .90% .99 % .98% .98% .99 CHICAGO. Jan. B.—Carlots: Wheat, 9com. 234; oats, 78; rye. 6. CHICAGO. Jan. B.—Wheat—No. 3 bard. 51.43. Corn—No. 4 yellow, 64% @ 66%c: No. 5 yellow. 63%@65c: No. 6 yellow. 61%@63%c: No. 6 mixed. 03 %e: No. 2 white. 75 %o: No. 3 white. 70e: No. 6 white, 01% @62%0. Oats—No. 2 white. 48 %c: No. 3 white. 45@47e: No. 4 white, 39 % @ 43c. Barley—6? ® 77c. Rve—No. 1 sl.Ol. Timothy—[email protected]. Clover—s33.so. NAME PERSONS FOR SENATE JOBS Several Chosen to Serve Second Term. Senate patronage jobs were announced Friday night by Senator Rowland H. Hill, Carthage, chairman of the “plunder committee.” Committee members are Senators Delbert V. Blackburn, Evansville, and Dr. John H. Hewitt, Terre Haute. Lewis Tracer was chosen for a second term as roll clerk, and Frank Provine, Auburn, for registry clerk. Others named: B. F. Barker, Newcastle, reading clerk; Warren Sampsell, Indianapolis, indorsing clerk; Birdie Steele, Kentland, file clerk; Marie Bachmeyer, Richmond, minute clerk; Gladys Brenneman, Columbia City, journal clerk; Evelyn Mason, Terre Haute, calendar clerk; Mrs. J. B. Gaither, Mitchell, assistant postmaster. Eight doorkeepers, five stenographers and four pages were named. Miss Marie Cosby, Salem, Is bookkeeper: Mrs. C. C. Chtttendon. chief engrossing and enrolling clerk, and Mrs. Goldie Wheeler, Indianapolis, her assistant. $700,000 HOME BURNS Shadow Lawn Used by Wilson for Two Years as Summer White House. Bv United Press LONG BRANCH. N. J., Jan. B. Shadow Lawn, the fifty-two-room mansion which served as the summer White House for Woodrow Wilson during two years of his administration, was destroyed by fire last night. The loss was estimated at $700,000. Valuable works of art, tapestries, and period furniture burned. H. T. Parsons, president of the F. W. Woolworth Company, was the owner of the mansion. Only three servants were in the building at the time of the fire, believed caused by faulty wiring. Chicago Stocks ■ ■Jan. 8 ■ Open. High. L/ow Close & fjs ll' K? b Chfe :: 67 . 72H 70 72 * L?S?A Z Li'b. 10 vt , 63 .f* Mid w ~ii 2 iis ii 2 iiS 9w*C0..117% 117% 117% 117% Wrlzley* " ff* Bk &Bk .. 60% '67% '60% 'i* J R B Th 48 .??* .?? j 2 * New York Liberty Bonds —Jan. 8— Pr*v. o Close. close. Ist 4% 16.3.4 102.31 4V* ■ 100 20 100.27 3rd 4%* 101.17 101.17 4th 4%e . 103.16 103.16 Tr 4%b 1952 110.10 NEW YORK COFFEE PRICES . _ Prev. Hiffh. Low. Close, close. SSX r ..::::i4M rm 11:88 hit J® i?:M M September ..13.27 16.24 18.24 13.31 Dt comber —.1&.80 12.87 12.87 13.00
LOCAL LIVESTOCK EXCHANGE ENJOYS PROSPEROUS WEEK Hog Market Most Outstanding for the Period. A review of the Indianapolis livestock market for the last week shows an Increase in the average prices on hogs and cattle, while sheep and calves are about the same as the preceding week. The hog market for the week would indicate an upward trend In values. It is believed, though, that much of an increase in the flow of porkers to tne market would be unfortunate. Big packers are still fighting the market; it was the small Eastern packers that made the market of the week closing today. With hogs now on a winter weight basis the light ones are the more popular. This, added to the fact there was a material decrease in the receipts at the principal markets in 1926 as compared with 1925, justifies the argument for higher prices in the future. However, this seems to be a good time to market finished hogs. Increased Receipts A substantial increase in the number received at the Indianapolis Union Stockyards occurred this week, practically one-third more than the week before. Receipts around the market 1 circle also showed a perceptible increase, but any bearish influence that might have been exerted on the market has been more than offset by a greater demand on the part of Eastern shippers. Better grades of fed steers are •scarce, although the cattle receipts at the principal markets, including Indianapolis, show a slight increase for the week. This was met by an increased demand, the price on steers varying from 25 to in some cases 75 cents above the low close a week ago. Prices were some better on yeralings, although their gain was less. There is a bullish undertone to the trade and higher prices are easily possible. Only a few weeks ago extreme heavy steers were held over from day to day awaiting bids, but now, with the prospects of a shortage, they are being sought by the killers. Cows Active The cow market continues active and strong, all classes being cleared daily. Good light heifers are in demand, but mediums are hard to move, closing 25 to 40 cents lower than the last week-end. Bulls were active and butcher cattle scarce and steady. In spite of the fact that the calf market has been active and with good prices, the net average is approximately $1 below last week’s. The level of the sheep and lamb market is little changed from that of the previous week. The local de maud for good fat westerns appears broader, with little change in price, while the fed lamb market is still disappointing to the feeder. Indianapolis Stocks —Jan. 7 —Stocks— Bid. Ask. Amer Central Life ....... .875 Amer Creosotinc Cos pfd ..101 ... Ad Runiely Cos 00m 10 10J4 Ad Rumely Cos pfd 33% 34% Belt R R com 60 08 Belt R R pfd 55 00 Cent Ind Powder Cos pfd . . 87 92 Century Bldg Cos 100 ... Cities Service Cos com .... 50% 91% Cities Service Cos pfd 91 .-x Citizens Gas Cos com 40% 60% Citizens Gas Cos pfd 100 ... Commonwealth Loan Cos pfd 98% ... Equitable Securities Cos com 61 ... Hook Drug Cos com 28% .... Indiana Hotel com 120 .../ Indiana Hotel pfd 100 ... Indiana Pipe Line Cos 80 ... Indianapolis Gas 57 60 Indpls & Northwestern pfd.. .. ... Indianapolis St Ry 34 39 Interstate P Ser pr lien pfd 98 99 -Merchants Pub Util Cos Did. 99 ... Progress Laundry com .... 22 % ... Pub Sav Ins Cos 15 ... Rattb Fertilizer pfd 53 ... Real Silk Hosiery pfd ... Standard Oil Cos Ind 09 ... Sterling Fire Ins Cos 18 ... T H I & E com 2 7 T H I & E pfd 23 33 T H T & L Cos pfd 89 . . . Union Trae of Ind com .., .. Union Trac of Ind Ist pfd .... 10 Union Trac of Ind 2nd pfd.. .. 2 Union Title Cos com , , 88 Van Camp Pack Cos pfd.... 16., ... Van Camp Prod Ist pfd ...91% 90 Van Camp Prod 2nd 96 Wabash Ry Cos com 41 % ... Wabash Ry Cos pfd 77 ... —Bank Stocks— Aetna Trust and Sav C0....115 ... . Bankers Trust Cos 132 ... City Truet Cos 140 Continental National 116 ... Farmers Trust Cos 240 ... Fidelity Trust Cos 160 ... Fletcher American 170 ... Fletcher Sav and Trust Cos. . 250 , . , Indiana National Bank 268 269 Indiana Trust Cos 230 250 L'vestock Ex Bank 102 172 Marion County Bank 175 ... Merchants Nat Bank 325 ... Peoples State Bank 186 ... Security Trust Cos 250 ... State Savings and Trust ..... 96 Union Trust Company ....405 430 Wash Bank and Trust C0...168 ... —Bonds^ Belt R R and Stockyards 4s 90 ... Broad Ripple 5s 79 ... Central Indiana Gas 55.... 98 ... Cent Ind Power Cos 65.... 99 ... Cent Ind Power Cos 7s 99 ... Citizens Gas Cos 5a 100% 101% Citizens St R R 5s 85 86% Home T and T of W 65 ... . 103 ... Indiana Coke and Gas 65.. 102% ... Indiana Hotel 5s 98 ... Indiara Northern 6s 2 ... Ind R.v and I.t 6s 95 ... Ind Service Corp os 92% ... Ind Union Trac 5s 4 ... Indpls Col and So 0s 99 102 Indpls Gas Cos 5s 99% 100% Indpls Lt and Ht 5s 101% ... Indpls & Martinsville 55.... 63 .... Indpls Northern 5s 23% 24% Indpls & Northwestern 6s .. 64 Vs ... Indpls & S. E. 6s 2 ... Indpls Shelby &S E 6s. j.. 2 -ax.. Indpls St R.v 4s 64 o>% Indpls Trac and Term 65.. 04% 96 Indpls Union Ry 6s 101 ... Indpls Water Wks Sec Cos. .100 ... Indpls Water 6%s 103% ... Indpls Water 4%s 80 Interstate Public Serv 6*. .102 ... Interstate Pi b S Bs 6%t..104 ... T H I * E 6s 70 Unlo^TTacof 5 Ind 6s! T ! 18% ‘64% —Liberty Bonds—iS S:::::::::::::: i M 2d 100.80 10090 3d 4%s 101.50 101.60 4th 4_%e . , 103.45 103 67 U S Tr 4Via 110.10 110 30 U S Tr 4s 106.10 106.20 U s Tr 4%s 103.30 103.40 —Sales Ten shares Van Camp Prod Ist pfd.. 91% RUSH TO USE OCEAN PHONE Bv United Press NEW YORK. Jan. B— There was another rush by New Yorkers today for the opportunity to talk to London on the telephone at $25 a minute. Many persons who sought to avail themselves of the new service opened to the public yesterday, dtd not Aav anything very important to (tat ttae was the thrill.
Calves Decline, While Cattle and Sheep Finish Week Unchanged. —Host Price Range— Jan. Bulk. Top. Receipts. 3. 12.10 12.15 8..10U 4. 11.90 1200 8.000 5. 12.10 12.25 7.600 0. 12.10® 12.25 12.35 6.000 7. 12.25 12.36 7,001) 8. 12.36 @12.50 12.50 4.000 Prices for the day, according to the four-weight scale now in use, were: Two hundred pounds down, $12.50, the top for today; 200-225 pounds, $12.45; 225 250 pounds, $12.40: 250 pounds up, $12.35. Extreme heavies were quoted at sl2 12.25. All other stock receipts were less today also, as is common at weekends. Cattle receipts were estimated to be 200. The market was little changed, with prices as follows: Beef steers, $8.75(5)10.25; beef cows, [email protected]; low cutters and cutter cows, [email protected]; bulk stock and feeder steers, $0.50(g;8. The week ended today with hog prices at the Indianapolis Union Stockyards the highest they have been in nearly two weeks. As they have been gaining steadily since Tuesday, it can hardly be assumed that the increase today was a result of the smaller run, which in itself is not unusual for Saturday. In comparison with the Chicago market,’ prices are higher here. Prices have advanced there, for the most part, similarly to loCal rates, but started from a lower point and have not made large enough gains to reach the level of prices here. To the 4,000 porkers arriving today were added 353 holdovers. The increase averaged 15 cents on the hundredweight. The bulk of today’s sales ranged from $12.35, Friday's top, to $12.50, the new top. Packing sows i7ere listed at [email protected], which is 25 to 50 cents above Friday’s mark. Calves Weak With 400 receipts, the local calf market was steady to 50 cents lower on different grades. Good and choice kinds sold largely at sls, and best vealers at [email protected]. The sheep and lamb market was steady today. Top Westerns brought $12.50. Bulk fat lambs were sll @ 12.50; bulk cull lambs, $5.50@9; ewes, $6 down; bucks, $2 @4—Hog#— Receipts. 4.000; market, higher. 120-300 lbs $12.35@ 1 2.50 300 lbs. up [email protected] —Cattle— Receipts. 200; market, steady. Beef steers [email protected] Bulk stock and feeder steers.. 6.50@ 8.00 Beef cows 5.00@ 0.50 Low cutters and cutter cows 3.50® 4.75 —Calves— Receipts. 400; market, weak. Beet Vciucre 3>15.00(</15.50 Heavy calves 0.50® 9.00 —Sheep— Receipts. 800; market, steady. Ton lat lambs $12.50 Bulk cull lamb 9 [email protected] Bulk cull lambs 5.50® 9.00 Ewe* 6.00 down Bucks 2.00® 400 Other Livestock LOUISVILLE. Jan. B.—Hog—Receipts. 600: market, steady: tops. $12.25. Cattle —Receipts. 100; market, steady. Calves — Reieipts, 150; market, steady: rood to choice. $11.50® 13.00: medium to rood, [email protected]: outs, nine down. Sheep— Receipts, 50: market, steady; top land)#. $10.50 @ 11.000: seconds, $7.00®7.50; sheep, [email protected]. PITTSBURGH, Jan. B.—Hog# Re oeiptM, 3.000; market fairly active: 250 to 350 lbs.. $12.40® 12.50; 200 to 250 lbs., $12.50® 12.05: 100 to 200 lbs.. $12.65® 12.80: 130 to 100 lbs., $12.80® 12.90; 90 to 130 lbs.. $12.80 @ 12.90. packing sows, [email protected]. Cattle Receipts. GO: calves. 60; market steady: bee! steers, $10.25; vealers. $15.50@16. Sheep —Receipts. 800: market steady; wethers, $7.70; top lat iambs. sl3. EAST ST. LOUIS, Jan. B.—Hogs Receipts. 4.600; market steady to 15c higher; 25(>-3.>0 lbs.. $11.75® 12; 200-250 lbs., $11.90 @12.20: 160-200 lbs.. $11.85® 12.40; 130-100 lbs., $11.40® 12.35: 90130 lbs., $11@12; packing sows, $10.25® 11. Cattle—Receipts, 300: market, nominal: beef steers. $8 @9.75: light yearling steers and heifers. so®iß: beef cows. $5.2n @0; low cutter and cutter cows. $3.(10® 4.00: vealers, $14.75® 15.26: heavy calves, fo@9; bulk stoek anil feeder steers. s7@ Sheep—Receipts. 250: market nominal; top fat. 1 a mbs, $12.75: bulk fat lambs, $12.25® 12.75: bulk cull lambs. $8.50; bulk fat ewes. ss@o. CHANCES SEEN IN PRODUCE: POULTRY Several New Items on Today’s Market List Here. Several commodities have changed In price at the city maret today. Eggs and rabbits dropped. Rabbits, which are unusually plentiful now, sold at 40 to 45 cents each, and eggs, at 50 cents a dozen, also were plentiful. Among items that have advanced in price are green beans, at 30 to 35 cents a pound and strawberries, 55 cents a pint or $1 a quart. Homegrown rhubarb was 25 cents and southern 30 cents a bunch. Peas were 30 cents a pound. Turkeys increase in scarcity from day to day, and although the sales for them are diminishing the supply is not sufficient to satisfy the demand. Two newcomers were oyster plants, selling at 25 to 45 cents each; egg plants, at 25 to 60 cents each, and persimmons. 20 cents a pound. White button radishes were on stands today. Two bunches were sold for 25 cents. Cauliflower was 25 to 45 cents a head. PR INCE OFF HORsFaGAI N Wales’ Wrist Sprained as He Jumps Clear of Stumbling Mount. Bv United Press LONDON, Jan. B.—The Prince of Wales as nursing a sprained left wrist today as a result of his persistence In following the hounds. The Prince left bis mount when his horse stumbled as it attempted a difficult fence, but fell clear, smashing his wrist watch and spraining a wrist. Picked up, he remonuted and finished the day’s hunt on the outskirts of Melton Mowbray. The royal heir was not the only member of the party to fall. Violet, Duchess of Westminster, turned a somersault when her horse fell, but she was uninjured. Capt. Horn Hornby broke his arm and collarbone In a fall and Captain Grenall, eldest son of Bir Gilbert was bruised and his horse broke its neck.
PAGE 11
BULLISH ELEMENT CONTROLS WHIP II MARKET* Two Major Profession Groups Fight for Supremacy. Ry E. Walter Moeliler NEW YORK, Jan. B.—Stocks w< swayed by conflicting influem Friday, the net result being an i pearance of steadiness despite p sistent selling. The market has veloped into a struggle 1 supremacy between two major p fessional groups. The bullish elem< holds the whip hand at present, cause it holds most of the stocks a therefore there is no top-heavy pi lie long interest to threaten t stability of the market. Money continued easy which mr the problem of holding on to tin stocks fairly easy. Decision On the other hand the bearish e< tingent desires to force a decisl on the basis of the continued lack outside participation and the gene feeling of indecision which has suited from the caution of the gi eral public. In addition to the easy money o< ditions, tlie stock market has lie reinforced by the consistent strenj. in tin- bond markets where the hi a investment demand lias been sendi the leading issues steadily high As generally expected the Natioi City syndicate experienced no dl Unity in disposing of the few renia ing bonds of the City of New Yt despite the very low yield basis which the bonds were offered to vestors. No Response There was no response in the m ket to the announcement from Cle land that the new Nic-kle PI would be offered for the consist tion of the Interstate Com me Commission before the end of month. Bankers in close touch with Nickel Plate situation here were dined to agree that the plan wo be offered within a few weeks. S gestions that the naming of an head for the Erie Coal prope.: ( might mean that these prope . were to be segregated before the n plan would be offered were not e sidered seriously. It is felt that | coal properties question did not ter seriously into the, present sit tion, at least not to an extent wh would seriously threaten the succ of the new plan. FEIKER TODIRECT BUSINESS PAPER Former Hoover Aide Nam Executive. Bu Times Special J NEW YORK, Jan. B.—Freder M. Feiker, editor, engineer ands mer Hoover aide, has taken up duties as managing director of ( Associated Business Papers, It national organization of engineerii industrial and business papers, cording to announcement just mt at headquarters of the associat| here, Feiker resigned as operatj vice president of the Society of El trical Development to accept the n post. The new managing director joir the staff of Mr. Hoover as assist; to the Secretary of Commerca 1921, after that Cabinet officer h invited him to aid in reorganizi the Depai-tment of Commerce in relations with trade and indust In the course of his service urn Secretary Hoover he established t division of simplified practice in I Bureau of Standards; revamped t Bureau of Foreign and Domes Commerce on the basis of service commodities; assisted in the orga zation of the monthly survey of hi ness statistics In the Bureau of C sus and remade the departmen publication, Commerce Reports, sides acting ns advisor on person for t.h’e department as a whole. Feiker holds the title of exp consultant to the Department Commerce. He Is vice chairman the advisory committee on distril tion statistics, of which Owen Young is chairman, and a mernl of the advisory coinmttee to the vision of domestic commerce, b< of which committees were appoini by Secretary Hoover. URGES ALCOHOL GUAF Head of Wet Association Would I Marines on Duty. Illi United Press WASHINGTON, Jan. B.—Dema by the Association Against the P hibition Amendment that marines used to guard stores of denatui alcohol, to prevent it from leakl Into bootleg channels, was ch.tr terized by prohibition officials tof as “wet propaganda.” Assistant Secretary of the Tre ury Andrews said: “Bunk—it couldn’t be done, a Industry would not stand for it. 1 marines would be in the way of gitimate business.” Capt. W. H. Stayton, chairman the “wet” association, demanded i devil dog guard in a letter to Pr< dent Coolidge. He pointed out tl marines now guard the mails ;i should be used to “save the pi and ignorant from death by | soiled alcohol.” FIREMEN’S EXAM FEB. fl Civil service examination for I! men will be held about Feb, 6, cording to announcement 'made day by the board of publlo safe Any one can take the raimtnatl * •
