Indianapolis Times, Volume 38, Number 246, Indianapolis, Marion County, 19 January 1927 — Page 13

JAN. 19, 1927

CALVES HIGHER; OTHER LIVESTOCK STEADY

WAD FIGURES STRIKE BLOW TO GLOOMYBUYERS Fractional Recovery Made by Industrials Today.

Average Stock Prices

Average of twenty industrials Tuesday was 154.111, up .20. Average of twenty rails, 122.18, off .14. Average of forty bonds, 90.08. up .00. Bn l iiiled Press NEW YORK, Jan. 19 Pessimists regarding business conditions, who have maintained tiiat the failing oft since the beginning of the year lias been more than seasonal, were refuted by the car loading statistics for the week ended Jan. 8. These showed an increase not only over the preceding week, but also over the corresponding period last year. This evidence of sustained character of trade activity caused some short covering at the opening M|>f the stock market today, and the Hfidustrial leaders scored fractional recoveries. With the market acting better in the late morning speculation arose legarding the possibility of an early reduction of the local bank rate. Predictions were heard that the decrease shown in the Federal Reserve statement for the week ended Jan. 12, would be followed by further credit curtailment in the report as of Jan. 19. Credit authorities were also lookin for a prolonged period of 4 per cent call money. A cheerful feeling regarding the money situation found reflection in a buying movement in seasoned dividend rails. New l’ork Central was the outstanding feature, mounting to anew high on the current movemen at 144 . up 1% from the previous close. This strength'gave rise to talk of a stock dividend, but it. is considered more likely that any bonus to Central stockholders would come in the form of rights to subscribe to new stock at par, which would be attractive in view of the current selling levels.

Banks and Exchange

—Jan. 19— INDIANAPOLIS STATEMENT l ocal bank clearings were $3,952,000: debits, $8,161,000. NEW YORK STATEMENT NEW YORK, Jan. 19.—Clearings. sl,000,000,000; balances. $114,000,000. FOREIGN EXCHANGE ■p' I nited Press Wr- NEW YORK, Jan. 19.—Foreign exchange opened steady. Demand sterling. -1.84 15 16; francs, 3.96 %e. off .00%o: lire. 4.32 'Ac. up .01c; belga. 13.80 c; marks. 23.72 Vic.

Local Wagon Wheat

Local crain elevator are paying $1.27 tor No. 2 red wheat. Other grade* are ourchazed on their merit*

Peppermint Oil

NEW YORK. Jan. 151. —Peppermint oil— Natural. $4.0004.75; U. 8. P.. 855.33. HARDWARE PRICES HOLD Business Has Not Gained Full Momentum. !iii t ailed Press NEW YORK, Jail. 19.—Generally speaking, .the hardware business has not gained full momentum in the various important market centers, Hardware Age reports in its weekly ' hardware market summary. Retailers have not completed their inventories and the expected brisk fillin buying has not started properly. The trade at large, however, is very optimistic about the new year’s trend, particularly the wholesalers, who freel ypredict a good spring trade. Seasonal hardware is active in most markets, but strictly staple ►lines are receiving only moderate attention. Collections are about the same. There were few important price changes on Jan. 1 an da tthe present time both declines and advances are reported here and there. They are not numerous, however. MIGRATION REACHES TOP Fewer .Mills Moving South, Says Cotton Manufacturer. Hii I nit rd Press PROVIDENCE, R. 1., Jan. 19. The peak has been retie lied in the migration of cotton mills from the North to rhe South, in the opinion of William B. Maccoll, president of tthe National Association of Cotton Manufacturers. "Competition has become so keen between southern mills that profits have been greatly reduced and many manufacturers are not in a very happy state of mind," he told the 'thud-* Island Textile Association at its annual meeting last night. <1 T GASOLINE PRICKS il:t I nilnl Press NEW YORK, Jan, 19.—Standard Oil of New Jersey today reduced the price of export gasoline '/& cent a gallon, making the new price 27.40 cents in cases. Standard Oil of Indiana reduced gasoline a cent a gallon in its territory on fifty-gailon lots. TO MEET COMPETITION In tied Press " BERLIN, Jan. 19.—The Anaconda Copper Company today was reported o be negotiating tor an Interest in the German Stolberger Zinc Works o meet Belgian and Australian competition in middle Europe. The A. W. Uorriman interests were'reported to have acted for Anaconda.

New York Stocks (By Thomson & McKinnon)

—Jan. 18— _ Railroads— Prev. -High. Low. 1:00. dose. Atchison ..108% 162 Vi 168 *, 160 Vs Atl Cut L.. 190 190 191 190 B& O ... 113 111% 112% 111 % Canad Pae 168% ... 108% 108% C& O ... 100% 159% 160% 159 V. C & NW .. 83% 82% 82% 82% C R 1 & p. 74% 74 Vi 74% 74% Del & Hud 104 Vi Del & Lac 145 ... 145 144 Erie 41 Vi ... 41 % 41 % Erie Ist old 55% ... 55 55 Gt North pf 87% 87% 87% 87 Vi Lehigh Val 120% 119% 120 120% K C Southn 44% 44 44% 44 L & N 131% MK& T. . 35% .. . 35 35 % Mo Pae pfd 97% 90% 96% 90% NY Cent.. 143% 142% 143 142% NY NH Sc H 44% 43% 44 43% North Pac. . 84% 84 84 Vi 34% Nor &Wn 160 Vi ... 160 % 159% Pern Marq 120 ... 119% 119% Penney .... 58 ... 57% 58 Reading .. 101% 100% IQI 100% S Railway 124% 124% 124 V, 124% So Pacific 109% 109% 109% 109% St Panl ... 10% ... 10 Vs 11 St Paul pfd 20% ... 20 20% St L & SW. 05 . . 65 05 % St L& S F 105% 105 105% 104% Union Pac 103% 102% 103% 162% Wabash ... 4H Vi 45 % 45 % 45 % Wabash pfd 80 ... 79 % 79 % Rubbers— \ Ajax 10%\ 10% 10% 10% Fisk 16 Vi ... 10% 16% Goodrich .47 ... 47 47. Goodyr pfd 99% ... 99% 100% Kelly Spgfld 10 ... 10 10 U S Rubber 59Vi 59% 59% 58% Equipments— A C and F 100% ... 100% 100 Amer Loco 306 % 105% 100% 100 Am Stl Fdy 45% 45 45% 45 Bald Loco .147% 144% 146% 144% Gen Elec... 84% 83% 84% 83% Lima 63% ... 63% 03Vi N Y Airbrk 41% 41 Vi 41% 41 Pr Stl Car. 43% 42% 43 Vi 42% Pullman ..185 184 185 183% Wsth AB. . 139 137% 138 137 Wsth El .. 69% 09 69 Vi 69 Steels— Bethl 47% 47 47 46% Colo Fu ... 47% 46% 47% 45% Crucible 79 % Gu St Stl 55 PhRCA r. 43 Vi .. . 43% 43 Rep Stl .. 62 01% 01% 01% Sl-Shef 125% Un St Stl.. 157% 156% 157% 156 Alloy 28 ... 28 28 Vanad .... 38V ... 38% 38% Motors— Am Bo ... 15% 15% 15% 15% Chandler . . 22 ... 22 22 Chrysler ... 41% 40% 41 40% Con Mo .. 12% 12Vi 12% 12Vi Dodge 24% 24% 24% 24% Peerless ... 28 27% 28 28 Gabriel ... 30 Vi 29% 30 Vi 39 Gen Mo ..140% 147 Vi 149% 147% Hudson ... 50% 48% 50% 49% HUPP 21 % ... 21% 91 Vi Jordan 19% 18% 18% 18% Mack 93% 93 93% 92V? Mar-Par .. 22% 22 22% 21% Moon It ... u 10% Nash 67% 67 67% 67% Packard ... 35 34% 35 34% Pi Ar 20% 20% 20% 19% Studeb .... 54% 53% 54 53% Ste-War ... 65 ... 05 54% Timken ... 83% 83 83% 83% Wil-Ov ... 22 21 01 % 20% Wh Mo ..66 ... 50 55 V? Mining— Am Sm ..139 137% 139 137 Anaconda .. 48% 47% 48 % 47% Cer De Pa. 00% .. ho# 0, * Inspir .... 24% ... 94Vc oat; Jut Nic ... 40Vi 40% 40% 40% Kenn 02 01 Vi 02 02 2 &s - 51 % 50 % 50 Vi 50% u S .. . 34 14 Oils— At Ref ...114 ... 113’i ll.qii Cal Pet ... 32% 32 Vi 32 % 32 vT Freep Tx .. 38 37 % 37 % 37 V. Houston .. 70% 09% 70 67 lnd 01L... 31 30% 31 -u Mfd.*cSnt°p! 888 §?& m Pacific 01?.’ Phillips p.. 57% : •57% 57 a Union Oil.. 55 54% 55 54% Pure Oil 29% 29% 29% 29% Royal Dut. 51% ... 51% .-.1 1? Shell 30 29T? 29% Sinclair .. 20% 20% 20% snu Skelly ... 35$ 35 35# , 352 S Oil of Cal 60% . . 60% ' 60$ S iOl of NJ3O % 30% 30 % 30% Tex Com.. 57% 57 % 57% 57% Trans Pet. 4VS ... 4% 4% Industrials— Ad Rumeiy ... ... , in 14 Allis Chal. 91 90% ft! 01 Allied Ch. 130 134 V? 135% 134% Arm (A).. 15% 15% 161? i£>> Amer Can. 40% 46 Vi 46 ), 40% Am Wool.. 2, Vi 26% 27% 26‘4 A H&L pfd . . . ... . . . 51 72 Am S Raz ... ... ... 53 Cen Lpatli , . ... . p.% Coco Cola. 173 170% 172 170 Cont Can ... 40 % Certainteed ... ... ’ 42 % Dav Chem. 29% ... 29% ‘’9% Dupont .. . .172% .. . 172 172 ‘ Fam Play 112% ... 112 112 G Asphalt J 8.3 % 82 Vi 83% 82 7 i In Comb En 47 V. 40 47 V', 46 Int Paper ..57 4 57 57 4 56 >i I? H JL r V 1 391 1 138 % 139% 137% May D Stor 69% 68% 00 68 V, Mont Ward 65 % 65 Vs 65 Vi 05% Natl Lead. ... ... . 107 Owen Bot.. 76 75% 76 75% Radio .... 50 49 Vi 50 49% Rem Type 124 123 123% 122% Real Silk... 41% 41 % 41 % 4J Sears-Roe... 52 51% 51 % 5} a; United Drg 108 ... 10s 107% u S C I P. .221 ... 231 219% US In Al.. 81% 81% 81 4 Wool worth. ... ... ... 179% Utilities— Am TANARUS& T 153% ... 152% 153% I A Express ... ... . 1 *27 Am' W Wk. 64% ... 64% 65’4 Brklyn Man 07% ... 07% 08 Col Gas &E9l % ... 91 % oi Cons Gas. . 105 ... 104% 104% Interboro . .. ... 40 u No Am Cos.. 49 ... 49 40 2 Peoples G ... ... M. . 128% Phifa Cos ! 8a % S Gas & El. 55% 54% 55 % 54% Wes Union 145*.i ... 145% 144% Shipping— Am Int Ciir 39 % 38% 39% 38% Am S & C . . . .... ... 6 Atlantic G. 40% ... 1 I MM pfd 39 % United Fr .. . ... ... 40 Foods— Am. Sugar. 81% ... 81% 81% Am Bt Sug 22 4 1 P.cc</ N P 57 Calif Pkg Corn Prods 47 V, . . 47% 47% Cuba C pfd 48 47% 48 48 Cuba A Sg ... ... ... 27 Fleischman./ 47% 46% 47 46Vi Jewel Tea. 55% 55 % 55 % 53% Nat Biscuit 09 ... 98% 99 Punta Ale ... ... ... 44

Commission Row

PRICES TO RETAILERS KItUITS Apnies—Fancy Grimes Golden, bbi. 1 $4.70: Jonathans, bbl , $4.70; Delicious 4U-lb., $2: Northern Sb.vs. $1.06. Bananas. 7 lb. , Cranberries—Jersey Bowes. V, bbl. $4.50 @b. Coconuts—Fancy Jamaicas sack ol 100 $6 05.50 Dates —Hulk, 100 lie lb.- Farrts IK lbs.. $2.40; Dromedary, $0.10; umhttod. 80c r ‘i $1.75. Figs—Smyrna. $1.4002.40: Calilornia. $1.2601 75: strings. 12c; rings 14c: stewing, 14c: Sweetheart. $0 case. Grapes—Fancy Emperor sawdust ke-e $6.50: California Almira. $0.60 a keg. Grapefruit—Extra fancy $0.5004.50 fancy. $3.75. Honey—24-case crate, #4.60(30 Kumquats—Florida. 15@20e ot heinous—California. $5. Oraiures Florida. $3.00 04.50: California navels $3.20 00. Pears—Oregon D Anjous. #6 60 box Pineapples—Cuban crate. $5 05.60 Tangerine—Florida. $2.2603 oO Strawberries—Florida. 86c at SKA FOODS Oysters—Gal., $2.4002.75 VEGETABLES Artichokes—California. $1.26 do/.en. Beans—Florida green per hamper 3.500 4. Brussels Sprouts—Fancy Calllom: 25c lb. , Cabbage—Holland seed 2He lb.- red cabbage 5c lb.: Texas, 6c lb. Cauliflower—Crate #3. Celery—Michigan, squares. S3: Michigan Jumbo washed *1 dozen ■ California Celery Cabbage—Box. $2. Cucumbers—Florida. $2 dozen Eggplant—Florida. $2.50 per doz Garlic—California. 12 tie lb Kale—Virginia Bruooli $2 bbl: H G--75c bu . Lettuce—lceberg ct. $4: If G.. hothouse. $2.40. 16-lb basket: California $3 crate. Mangoes—Florida ueppers $6.60 crate *1.76 peck. Mushrooms—Pennsylvania. $1.76 for i lb basket Onions—ll. G. yellow 100 lbs.. $3- H O red. $2.50: Spanish, ert.. $2. Oyster Plant—H G.. 460 dozen Parsley—H G. 60c per bunch- southTti, 90c bu Peas—so.soo7 a hamper. Potatoes—Michigan round white, sack $-1 50: Minnesota early Ohms 120-lb bag $4.35: Idaho russets, $3.76 owt.: Idaho bakers, $4: Texas triumphs. $4;60. Radishes—Southern long reds 30 0 35chothouse buttons, $1.15 Rhubarb—California. $2. 20-lb box: H. G.. $1.15. Root Vegetables Turnips, bu., #1: parsnips bu $1.50: carrots bu.. sl6o' new Texas, bu.. $2: Canadian rutabagas $2 cwt.: H. G. beets. $1.50 bu.: Texas beets. $2.50 bu. Shallots—Louisiana. 05c dozen Spinach—Texas. $1.40 bu. Squash—H. G. Hubbard, bbl., $3 Sweet Potatoes—lndiana Jersey, bu.. $2.76: mediums. $2: Nancy Halls. $1 750 2.20. Tomatoes—Six-baaket crt.. $0 6008 50

Postum ...101% ... 101 Vi 100% Wd Bk (B) 32Vi 31% 32Vi 30% Tobaccos— Am Suma. 46% ... 4040 % Am Tob ... ... 121% A Tob (B) 121% . . 121% 121 Cobs Cigars 81 ... 80Vs 81 Gen Cigars ... ... ... 5a I.iggett ... 102% 101 101% 103% Lorillard ... ... 31% R J Rey . 1 *.22 *+ Tob P <bT ioo% . ion % 108% U Cig Stor 97% ... 97 97V, Schulte RS 48% ... 48 47Vi WHEAT UNEVEN IN CHICAGO PIT Other Grains Open With Unchanged Prices. Bn United Press QHICAGO, Jan. 19. —Wheat opened y t c off to Via higher than the previous close on the Chicago Board of Trade today. Liverpool was weaker than expected, while Buenos Aireswas steady and unchanged. Corn opened unchanged to %c higher. Cash corn In Chicago has gained about 6 cents on futures in a week. This has encouraged longs to increase their buying on breasts. Oats opened unchanged. This cereal is hard to move out of its prevailing rut and continues to fallow the leadership of other grains. Provisions opened unchanged. Chicago Grain Table —Jan. 19— WHEAT— Prev. High. Low. 11:00. close. May 1.40% 1.30 % 1.39% 1.40% July 1.31% 1.30% 130% 1.31 % Sept 1.28% 1.27% 1.28 CORN— May / .82% .81% .81% .82% July 85% .84 Vg .84%' .85% Sept 87% 87 .87% OATS— May 49% .48% .48% .49% July 48% .47% .47% .48% Sept 40% 40% .40% RYE— May 1.03% 1.03% 1.03% LARD—'* 103 99 % -99% Jan 12.47 Mar 12.70 12.07 12.62 May 13.87 12.85 12.85 RIBS— Jan 15.85 15.85 15.75 May 15.20 15.20 15.20 CHICAGO. Jan. 19—Carlots: Wheat. 10: corn. 99: oats. 24: rye. 1.

Produce Markets

Butter (wholesale price)—Creamery best grade, a pound. 51® 53c. Hutterfat—Local dealers pay. 50® ole a pound. Eggs—Strictly fresh delivered at Indian, apolis. 37® 38c. , Poultry—Hens/ 22®23c: Leghorns. 16 @18c: ducks. 17® 22c CLEVELAND, Jan. 19.—Produce. Butter—Extras, 48c in tub lots; standards, 47c. Eggs—Extra, 47c: extra firsts, 44c: firsts. 43c: ordinary. 30c: pullet, 31c: refrigerator extras, 34c: refrigerator firsts. 32c. Poultry—Heavy: fowls, 27® 29c: medium. 23®26c. leghorns, 20® 22c; heavy springers, 27® 29c; ducks, 30® 33c: geese, 23®25c: cooks. 10® 17c. Potatoes —l5O-pound sacks round white Maine. s4.Bi>: New York Range. $4.15 Ct 4.25: Michigan, $4.10®4.15: Minnesota and Wisconsin, 84.00; Ohio, bushel stacks. $1.05 ® 1.75; 120-pound sacks Idaho Russets, selected, $4.60; ordinary, $4.25. Marriage Licenses Edward Steiner. 22. 110 W. North nielit manager; Carrie Barnes, 19, 1927 Sugar Grove. Carl Matthig. 25. Chicago. Til., cigar clerk: Nellie Bowles.l9, 015 Maxwell. Emmit Byard. 43. 110 Shleby. truck driver: Pearl Frokes. 45. 110 Shelby, housekeeper. Philip Allen 20, 921 Darnell: Ruth Hackley. 10. 330 W. Tenth. Telford Orbiftbn. 26. 51 N. Irvington, lawyer: Dorothy Mae Powell. 23. 2455 Broadway. Paul Michael. 25. 129 W Twentieth, salesman; Alma Knob. 21. 129 W. Twentieth Births Boys Jacob and Mabel Silbernagel, 2038 S. Delaware. Carl and Lillian Selby. 114 S. Bradley. Gaylord and Ora Jones. 012 Colorado. _ Mordiha and Pauline Albuher, 1022 S Canitol. Karl and Louise Koehler, Long Hospital. Ross and Hester Coffin. Long Hospital. Julius and Flossie Franklin. 835 Roach. Logan and Katherino Burnott. 824 Roena. Robert and Zclla Sullivan. 1010 Roosevelt. , Ludie and Elizabeth Watts. 2422 Sheldon. Leslie and l>:*ie Morgan. 1420 W. Twenty-Third. Jellies and Lizzie Bible. 1043 N. West Connel and Estoria White, 825 Eutnw. Girls Roy and Della Baldwin. 1446 Brooker. Kenneth and Lillie Crawford. 2218 Pleasant. James and Letcher Hayden, 823 Atlion James and Hattie Williams, 2070 Columbia. .William and Ada Morgan, 4103 OtterRay and Faulinc Elliott. Long Hospital. Robert and Emma Sticrs, Long Hospital. Roy and Clara Sprowl. Long Hospital, at 3KimiS n>nt Hattie Warner, 922 S. Scn- .. . Twins Twentieth, ghls. A,ma Tllnmas ' "23 W.

Deaths rem'J-hVoifie 1 " myncHrditH anC *' °° 6 War ' dilatat'ion of heart.’ '**’ °" y hoßpi,al - acl,t( - J Bpl| e God fey. 4 months. 2418 Burforo. gastrn enteritis. Edward C. Miller. 55. city lioSDital chronic myocarditis. p Frank F Hussey, 0!). 43 N. Trcmont mitral regurgitation. Luella Twyman. 49. Methodist Hospital, acute pulmonary oedema. carcinoma P ’ Stuart ’ 7 ' 1 ’ 3355 Carrollton. Anna K, Hodson, 70. 940 Eastern, chronic myocarditis Grace Marie Gruber. 2. 001 W. ThirtySecond. congenital heart disease. Mark Johnson. 43. 38 S. Oriental, acute cardiac dilatation. Huldah K. Millikan. 00. 913 N. La Salle chronic myocarditis. Charies Otto Harmon. 1. St. Vincent Hospital, broncho pneumonia. Be)|e Littrell Hayes. 07. 36 N. Garfield, chronic myocarditis. Thomas F Brown, 04. Methodist Hospital. meningitis. Amos B. Bartlow. 58. '9l N. Holmes, chronic myocarditis. rrfnc Sheldon. 17. city hospital, pulmonary tuberculosis. Jane Fisher. 93, 033 Blackford, arteriosclerosis. America Allen Ribney. 71, 726 Greer arteriosclerosis. Otto Kiefer. 09. city hospital, accidental Mary Ellen Moody, 00. city hospital, broncho pneumot ia. David A. Byers. 77. 1040 N. Illinois, chronic myocarditis. Marie Stonestrect, 59. city hospital, carcinoma. Maurice William Brown. 0 minutes. 1038 8. Randolph, non-closure of foramen ovale. John W Manniol. 59. Central Indiana Hospital, chronic myocarditis. , k.vry Carson. 52. 1010 Ryboldt. acute diiatntion of heart. Albert Marshmeyer. 3 days, Methodist Hospital, cerebral hemorrhage Emma Walters. 47. Methodist Hospital, encephalitis. Lucille Barth. 20, 4400 Winthrop. pulmonary tuberculosis. Lizzie Mottley, 35, 011 Drake, pulmonary tuberculosis. Robert F. Dunlop, 3 months, 1047 W. Twenty-Seventh, lobar pneumonia. Laura Robinson. 35. 818 W. Walnut pulmonary tuberculosis. Elizah F. Osborn. 81, 5110 Carve!, hypostatic, pneumonia Martha B. White. 01. Methodist Hospital .accidental. Edward Waggy, 65. 1032 Udell, en docardltis. I William B. Burford. 80. 1380 N. Meridian. coronary thrombosis. Ira Shannon Downing. 50. 2068 Broadway. pneumonia. Building Permits Carr Tire Company, alteration, northcorner Delaware and Michigan. General Outdoor Advertising Company, sign, northwest corner Senate and Washington. $1,500. Indianapolis Screw Products Company, elevator. 621 N. Noble. $2lO.

THE INDIANAPOLIS TIMES

Hogs Make Top of $12.55 Best Vealers Go at sl6. —Hog Price Range— Jan. Bulk Top. Receipts 12. 12.30® 12.40 12.50 7.000 13. 12.00® 12.25 12.25 0.000 14. 12.10® 12.50 12.50 5,500 15. 12.10® 12.50 12.50 4,000 17. 12.25® 12.05 12.05 4.500 18. 12.10® 12.25 12.50 8.000 19. 12.10® 12.55 12.55 7.000 Mid-week found the Indianapolis livestock market with prices generally steady, with the exception of calves, which were uneven. Seven tliousand hogs were received at the stockyards today, while 158 were held over from Tuesday. Most prices were unchanged. The bulk of today’s sales came within the limits of $12.15 and 12.50. For some medium weights a top price of $12.55 was paid. Hog Price Range Porkers weighing 90-130 pounds sold at sl2 per hundredweight; 130200 pounds, [email protected], with a part of this group at $12.55; 200-250 pounds. [email protected]; 250 pounds up! [email protected]. Packing sows cleared at slo@ll. , * Prices on the cattle market were steady to higher, with receipts estimating 500. Included in the rate scale were beef steers at $7.50@ 10.65; beef cows, [email protected]; low cutters and cutter cows, [email protected]; hulk stock and feeder steers, $6.50 @B. Veal Uneven Quotations on the calf market were considerably uneven tpday. On the average stock sold 50 cents to $1 lower than Tuesday. Most of the sales were at sls down, some at $15.50. Best vealers brought sl6. Receipts numbered 500. The run of sheep and lambs was 60d head. Fat lambs were about steady, although the undertone was weak. Desirable fed westerns went at $12.75, weighty sorts at sl2. Bulk fat lambs were [email protected] and bulk cull lambs, s6@9. —lings— Receipts. 7,000; market, steady. 130-200 lbs $12.00® 12.55 200-250 lbs 12.10® 12.40 —Cuttle— Receipts. 1,200; market, steady to higher. Bret steers $7.50® i(1.05 Bulk stock and feeder steers H. 50® 1 8.00 Beef cows 5.75® 6.75 Low cutters and cutter rows.. [email protected] —Calves. Receipts, 500: market, higher. Best vealers $15.00® 10.00 Heavy ealvea _ 0.50® 9.00 —SheepReceipts, 600; market, steady. . .. Top fat lambs $12.75 Bulk fat lambs 11.00® 12.75 Bulk cull lambs 6.00® 9.00 Other Livestock LOUISVILLE, Jan. 19.—Hog—Receipts, 000; market, steady: tops. $12.25. Cattle —Receipts. 700; market, steady. Calves— Receipts, 200; market, steady: good to choice. $12.00® 13.50; medium to good. s9® 11: outs. $9 down. Sheep—Receipts, 50: market, steady, top lambs, $10.50® 11.00;; seconds, C*00®7.50; sheep. $5.00 @5.50. EAST ST. LOUIS. Jail. 19.—Hogs—Re(Tints, 10.000; market steady to strong: 250 to 350 lbs., $11.90® 12.20: 200 to 250 lbs.. sl2® 12.35; 100 to 200 lbs., [email protected]: 130 to 160 lbs., $11.50® 12.45: 90 to 130 lbs. sll® 12: packing sows. $10.40® 11. Cattle—Receipts. 3.500market steady: beef steers. sß® 9.25; light yearling steers and heifers. $0®8; beef cows, s.Y2i>®o.2s; low cutters and euttcr cows. $3.65® 1.50 vealers. $14.75: heavy calves, sti®9; bulk stocker and feeder steers. $7 ®B. Sheep—Receipts. 2.500; market steady to weak: top fat lambs, sl3; bulk fat lambs. $12.65® 12.85; bulk cull lambs. $8.50: hulk fat ewes. so@7. a EI/AND. Jan. 19.—Hog9— Receipts. 3.000; market steady, l.ic higher: 250-350 lbs $12.40® 127.0; 200-25(7 lbs . $12.50 ®12.0.>: 160-200 lbs.. $12.60® 12 75* .9- 0° lb* . $12.05® 12.75: 00-130 lbs.; ?!-70®12.75: packing sows, $10.25® 11. Cattle—Receipts. 400: calves. 300 ■ market, steers weak, vealers strong: beef steers. sß® 8.75: beef cows. ss® 0.50 low cutter and cutter cows. $3.50® 4 50 vealers, slo® 17. Sheep—Receipts, 4.000; nyu'ket steady to weak; top tat lambs. $1.!.20: bulk fat lambs, $12.75® 13; bulk cull lambs. s9® 10.50; bulk fat ewes. $4 fe 0. Jan. 19.—Hogs—Receipts, market 10®'loc higher: heavies. [email protected]: medium, $12.10® 17.30Yorkers. $12.25® 12.50; good pigs. $12.40 ®1 -..7.1. Calves—Receipts, light: market, steady. Sheep and lambs—Receipts, light; market steady. FORD STOCK VALUE SET Worth $12,000 to 512,500 a. Share, Dodge Chairman Testifies. Bn United Press DETROIT, Midi., Jan. 19.—Frederick J. Haynes, chairman of the board of directors of Dodge Brothers, told the United States board of tax appeals hearing the S3O 000,000 Ford stock tax suit today that lie believed the stock of the Ford Motor Company in 1913 was worth from $12,000 to $12,500 per share. "1 would not have hesitated had T had the means," Haynes testified, "to pay almost anything to secure it, and if 1 could have obtained it for $220,000,000 to $250,000,000 I would have thought I was getting a bargain.”’

In iie Cotton Market

(By Thomson & McKinnon) NEW YORK. Jan. 19.—Everybody is saying that a further advance will cause the farmers to plant another big acreage. May be it will. That s not our business. I said Monday the market was changing its character. I am still of that opinion. The marker was strong all day yesterday. Commission houses prominent among thebuyers. I see a big market coming. Wc art- still selling cotton far below its value in the South. SCRIBES ARE INVITED Lee White Will Address Butler Journalism Students. Members of Sigma Delta Chi, professional journalistic fraternity, have been invited to attend the observance of “newspaper day” Thursday at the Advertising Club luncheon at the Spink-Arms. Lee A. White of the Detroit News editorial staff < who is to speak at the luncheon, is past national president of the fraternity, which was founded at De Pauw in 1909. Lester Nagley, Advertising Club secretary, is arranging the meteing. Prof. Henry E. Birdsong has arranged for White to address Butler journalism students Thursday afternoon. BRANCH BANK DEADLOCK Hu I'nited press . WASHINGTON. Jan. 19.—Conferees of the Senate and House on the McFadden branch banking bill have been unable to agree, a report today to the House said. Anew giant airplane for the use of the British fleet contains nearly 10,003,000 brass screws.

Indianapolis Stocks

—Jan. 19— - —Stock*— Bid. Ask. Amer Central Life .... ...375 ... Amer Creonoting Cos pfd ..101 ... Ad Rumeiy Cos com 10% 10% Ad Rtinnly Cos pfd 33 34 Belt R R com 65 ... Belt R R pfd 53 Cent lnd Powder Cos ntd . . 87 92 Cities Services Cos com ... Cities Service Cos pfd Citizens Gas Cos com 50 51 Citizens Gas Cos pfd 100 Commonwealth Loan Cos pfd 99 Equitable Securities Cos com 51 ... Hook Drug Cos com 28% ... Indiana Hotel com 120 ... Indiana Hotel pfd 100 ... Indiana Pipe Line Cos ... Indianapolis Gas 57% 00 Imiplg & Northwestern ofd., .. ... Indianapolis St Ry 3(1 38 Interstate P Ser pr lien pfd 98% 102 Merchants Pub Util Cos pfd.loo ... Progress Laundry com .... 22 % ... Pub Sav ins Cos 10 ... Ranh Fertilizer pfd ....... 48% ... Real Silk Hosiery pfd 100 Standard Oil Cos lnd 73 ... Sterling Fire Ins Cos 10 . . T 11 1 & E com 3 10 T H I & E pfd 24 26 T H T ft L Cos pfd 80 ... Union Trac of lnd com 1 Union Trac of lnd Ist pfd .... 10 Union Trac of lnd 2nd Did.. .. Union Title Cos com . . 88 Van Camp Pack Cos pfd ... 16, ... Van Camp Prod Ist pfd. . 90% 90 Van Camp Prod 2nd 9o Wabash Ry Cos com ... Wabash Ry Cos pfd . ... —Bank Stork*— Aetna l'rnst and Sav C 0.... 115 ... Bankers Trust Cos 132 ... City Trust Cos 140 ... Continental National 116 ... Farmers Trust Cos 240 ... Fidelity Trust Cos 100 ... Fletcher American 170 ... Fletcher Sav and Trust Cos. .250 . . Indiana National Bank 209 771 Indiana Trust Cos 230 750 Livestock Ex Bank 102 1.2 Marion County Bank 175 ... Merchants Nat Bank 325 ... Peonies State Bank 180 ... Security Trust Cos 250 ... State Savings and Trust 95 Union Trust Company . . .405 430 Wash Bank and Trust C0...158 ... —Ronds— Belt R R and Stockyards 4s 90 ... Broad Ripple 5s 79 % Central Indiana Gas 55.... 98 ... Cent lnd Power Cos 05.... 09 ... Cent lnd Power Cos 7s OO'v Citizens Gas Cos 5s 100% 107 Citizens St R R 5s 85 1 a 88 Home T and T of W 6s. ... 103 Indiana Coke and Gas 08..102% ... Indiana Hotel 5s 98 ... Indiara Northern 5g 2 ... lnd Ry and Lt 6s 95 ... Ind Service Corn 6s 92% ... Ind Union Trac 5s 4. ... Indpls Col and So tis 98% 102 Indpls Gas Cos 5i 09% 101 Indpls Lt and H. Os 102 ... Indpls & Martinsville ss. ... 00 Indpls Northegrn 5s .. ... 23% 24% Indpls & Northwestern 55... 60 ... Indpls & S. E. 5s 2 ... Indpls Shelby & S E 55.... 2 ... Indpls St Ry 4s 64 % 6t Indpls Trac and Tirni ss. . . 94% 90 Indpls Union Ry 65....... 101 ... Indpls Water VVks Sec C0..100 . Indpls YVater s'vs 103% 104% Indpls Water 4%s 94 95 Interstate Public Serv 65.. 102 ... Interstate Pub S Bs 0%5..104 ... T H 1 & E 5s 77 T H T & Lt 5b 93 Union Trac of Ind tis 20 21 —Liberty Ronds—--Ist 3%s 101.30 101.42 Ist 4%s 102.30 102 42 2d 4%s 190.04 100.74 3d 1% s 101.30 191.42 4th 4 1 1 s 103.70 103.82 U S Tr 4>,s 110.70 110.80 U S Tr 4s 100.70 100.80 U S Tr 4% s 103.00 103.70

CHEVROLET IN HOLD CONFERENCE Detroit Officials in City for Dealer Event. Three hundred and fifty Chevrolet motor car dealers of the Indianapolis zone Will banquet in Indianapolis Thursday. Officials from the Chevrolet plant at Detroit who arrived today are: R. H. Grant, general sales manager; John .E. Grimm, Jr., advertising manager; C. E. Dawson, assistant sales manager; R. K. YVliite, sales promotion manager; W. G. Lewelien, assistant sales promotion manager, and Austin F. Young, regional sales manager. A business meeting will be held at the Murat Thursday afternoon and a dinner at the Claypool in the evening. MARINES READY TO ACT Another Neutral Zone in Nicaragua Appears Imminent. Bn t niled Press MANAGUA, Nicaragua, Jan. 19. American marines from the United States steamship Quail were ready today to proclaim the Pacific port of San Juan Del Sur a neutral zone, reports reaching the capital said. General Zapata, who has figured in other revolutions here, was said to lie in the vicinity of San Juan Det Sur. Marines would be landed protect American interests.” The Diaz government was dispatching troops northward and into the interior today to disperse guerilla bands preying on isolated towns. lII'RT WHEN HIT BY CAR P. F. Butler. R. R. C., Box 71-E. employed at the American Foundry, was taken to the hospital late Tuesday with a badly injured hand. Police say he was awaiting for a T. H., I. & E. traction ear at Warman Avc., and was waving his hand as a signal to the niotorman to step when tlie car struck him.

Shoe Firm Opens Store

x.

Tiie Dixie Shoe Stores Company of Baltimore lias opened a branch here at 131 N. Illinois St. The store front, similar tp those of other branches over the country, represents a little red brick cottage.

RAIL STEADINESS UNABLE 10 HOED MARKET IN LINE Awaiting More Definite Data Seems to Be Inclination. By E. Walter Mockler NEW YORK, Jan. 19—With Baldwin and other industrials under severe pressure, the comparative steadiness of the rails failed to hold the general market in line. Baldwin lost more than four points on selling generally accepted as further pool liquidation. Sentiment in the market Is far from cheerful, although it would lie hard to call it downright bearish. In general the prevailing tendency seems to he an inclination to wait for more definite data concerning the actual state of affairs this year. Reports for 1926 which are still coming in, bear eloquent testimony to the good volume of business done last year. However this is water which has flowed over the dam so far as the stock market is concerned. At that, the reports front the motor field for the end of the year are none too encouraging and the Street is inclined to look for a dismal report by Hudson toward the end * of the month. Coal Industry Announcements that some of the large coal mines are closing down or are preparing to close down while some of the big coal distributors do not expect a satisfactory year, calls renewed attention to the unsatisfactory state of thfc coal industry. To some extent tXe troubles of the coal distributors as well as the producers are due to the much wider uses of oil as an industrial and heating fuel. Other basic industries show little change from conditions prevailing at the end of the year. Steel is about bolding its own, while the building lines show a steady shrinkage. A Standoff Technical conditions in the stock market are about a standoff. The professional element dominates the situation so entirely that it is hard to figure the probable effects of any given set of circumstances. Money conditions still favor the long side of the market, as there lias been no diminution of the tremendous buying power which lias served as the backbone of the bond market for the past several months.

Pleas for Pardon Brings Arguments The Stale pardon board office rang with imimssioned arguments Tuesday afternoon upon the paroling of Arthur Silbert, 31, Chicago, from Indiana State prison, where he is serving a life-term for murder and bank robbery. Silbert's relatives-appeared, represented by Attorned Elias W. Dulberger, City Trust building, Bankers’ Association represen tath'es and the president and cashier of the Culver State Bank, Culver, Ind., where the robbery occurred, appeared to protest any clemency. , lt is now contended that Silhert was lured into the bank robbing by liquor and had companionship and that he had nothing to do with shooting, which resulted in the death of a policeman thirty-three days after the robbery occurred. A fifth member of the gang escaped. NAVY SEAPLANE BURNS Crew of Five Escapes When 2-F-l Is Reduced to Junk. Bn United Press EOS ANGELES. Jan. 19.—Gutted by fire, the Navy seaplane, 2-F-l, lay off Dead Man's Island today a compiete* wreck. Her crew of five, however. was safe follmving a hectic battle with the flames, which finally forced them to flee. The 2-F-l caught fire late last night while returning from battle maneuvers of the United States fleet 100 miles from Los Angeles harbor. Engine backfire, tt was believed, started the blaze. Two other planes made forced landings during the maneuvers, fleet officers said. Neither was damaged. REPORTS DIAMOND LOSS Mrs. J. T. • Kenower. Richmond. Ind., reported to police today that while a guest at the Columbia Club last week, a diamond cluster ring, valued at S6OO, disappeared from her room.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK. Jan. 19.—Together with temporarily unsettled markets for raws and pranulated. conditions within the eusar futures market itself havo been responsible for the decline that has occurred. Y'esterday. for instance, numerous stop-loss orders were causht at liquidation developed upon the circulation of January notices. Some surprise is expressed over unoffieia! estimates of the quantity of new crop Cuban sugar already Rrodueed. Some think the 270,000 tons ixh. considering the late start and recent calculations as to the condition of the cane. The market has discounted a good deal, and I think the time is near at hand for a recovery. ASK TAX FERRETS INNEWMEASURE Want Relief for Families of Francisco Mine Victims. ‘‘Tax ferrets’* will be added to the list of governmental Paul Prys if a bill introduced in the Indiana House of Representatives today by Represenative Walter A. Huffman is passed. The bill provides that these officials work on a commission basis in digging into nontax payments, or fraudulent returns. A SIO,OOO appropriation for relief of families who lost their fathers and husbands in the recent Francisco mine disaster was asked in another bill. Assessors would receive the same pay per days as other members of the county board of review under another bill. SEEK READING OF BIBLE IN SCHOOLS Avoidance of Waterway Fight Proposed by Hodges. Kian legislation, decided upon at a recent conference held at the Lincoln under the direction of Grand Dragon W. Lee Smith, made its debut in the Indiana Senate today with the introduction of a Bible reading bill by Senator C. Leroy l Leonard (Rep.), Warsaw. The bill provides that the first period of the school • day in all common schools in Indiana be devoted to reading the Bible “without comment.” A concurrent resolution was introduced in the Senate by Senator William F. Hodges, Gary, which, if passed, will remove Indiana from the deep Yvaterway fight. The resolution proposes that the attorney general be instructed to withdraw the State as plaintiff, with Wisconsin in the joint suit against Illinois and the Chicago drainage district, now pending in the Supreme Court. I Hodges also introduced a bill raisI ing salaries of city officials in Hammond and East Chicago. Other bills included appropriation of SI,OOO for the Indiana Vegetable Growers Association; to put license i registration pf automobiles in the hands of county auditors, rather than special employes of the Secretary of State's office; removing the word “insane” from titles of State hospital. No afternoon Senate session was held.

CROSSINGS DELAY CARS.MPLM Police Chief Will Confer With Rail Officials. Complaint that street cars are being held up at railroad crossings for an unreasonable length of time was made by the Indianapolis Street Railway Company before the board of safety Tuesday. A'. E. Foley, attorney, and James P. Tretton, superintendent of the company, represented the street car company. The board promised immediate relief and instructed Police Chief Claude F. Johnson to confer with the railroad officials on this matter. The request of T. O. Ratcliff, Union railroad chief engineer, to erect an electric traffic signal at the Belt crossing on Madison Ave.. was referred to Chief Johnson and the traffic squad. Chief Johnson plhced a requisition for five new sedans of standard make. The board ordered John J. Collins, purchasing agent, to get the lowest prices on the cars with the best trade-in of the old cars. Edwin G. Haas, Russell Doger, Carl Wilson, were named second degree patrolmen. They were selected from a civil service list of eligibles. Resignation of Fireman Clifford T. Patterson was accepted. HARLAN TO FAVOR ACCOUNTS BOARD May Submit Majority Report on Sen. Gray’s Bill. Senator Denver C. Harlan (Rep.) of Wayne County, is expected to take up the cudgels in behalf of the State board of accounts hy submitting a majority report on Senator Carl M. Gray's bill to curtail powers of the accounts board. The bill on which a favoable Democratic minority committee reports will be made would repeal the right of twenty-five taxpayers to petition the board to examine plans, specifications and assist in the passing on bids. This measure is regarded as the first retaliatory blow against the account hoard in its fight with the highway commission. Gray, a Democrat from Pike and Gibson Counties, is known to be stanch suppoter of the highway body.

PAGE 13

DRY MEN MOVING I TO indianapdlll New Chief Prefers Agents] Work From Headquarters. Fedora! prohibition agents residing in cities over the State and operating in that particular territory were moving into Indianapolis today as the first change of policy adopted by George L. Winkler, new deputy prohibition administrator, who was installed Tuesday to succeed A. R. Harris. Harris was transferred to Chicago as a prohibition inspector. “The district department plans t > have the men operate from headquarters at Indianapolis,” Alexander G. Jamie explained. “The man who lives ia his Immediate working territory is hantlihapped. He is known to many citizens and to nearly all liquor law violators, who make it their particular business to know him. The new policy also includes doubling the present force of twenty-two agents, and the transfer of six men to other cities in the district. Arrest Seven Girls in Immorality Quiz: By United Press PAINESVILLE, Ohio, Jan. 19.^— Seven Willoughby school girls were under arrest today awaiting indictment by the Lake County gran I jury investigating charges of immorality in the village. Sheriff Ed Rasmussen today was unable to find three Willoughby men for whom he has warrants. The, are wanted on “serious charges," h : said. Ten other men and boys ar held charged with contributing to juvenile delinquency. Stories told by a number of schot 1 girls to the grand jury yesterdai were described as “the most shod ing conceivable,” persons in touc i with the investigation said.

WHITE FuraitareCJo.; Jake Wolf __Tora Qninn • “The llome of Real Furniture | Values.” 24.5 to 249 West Washington fit. j

“The Home of the Cedar Chest" Furniture—Stoves—Rugs 108 South Meridian Street

INVALIIt & CHAIRS m FOR RENT Look for the Nani ■ Armstrong Cos. 233 N. Penn. St. W

UKULELES Biggest selection in town Pearson Piano Cos. 128-150 N. Penn. St.

3-Piece Walnut finish Bedroom Cfh Suite <])va/*OU CAPITOL FURNITURE CO.

Carry no Horoml*. No fapiory reJectn. Nothin? but quality Men's Hear at lowotit iiiicea.

HOLTON BAND INSTRUMENTS The Achievement of the Master Builder. CARLIN MUSIC CO. 143 E. Washington

CLOTHING Oft CREDIT ASK IN A j:

•‘BETTER DENTISTRY FOR LESS MONEY” Examination F^xar NEW YORK DENTISTS 46 N. Penn. St., Cor. Market

cfoioy'' as every day -in every kind of weather - it Is safer, more comfortable anil more economical to travel north and east of Indianapolis VIA