Indianapolis Times, Volume 38, Number 250, Indianapolis, Marion County, 24 January 1927 — Page 11

JAN. 24, 1927

LOCAL HOG PRICES MAKE SHARP ADVANCE

FRENCH GOLD AND SURPLUS RESERVE REVEALSITUATION Strength of Money Increas-ing-Movements Still Mixed.

Average Stock Prices

Average of twenty industrials Saturday was 155.17. off .34. Average of twenty rails. 123.20. off .30. .Average of forty bonds, 80.81. up. 09. Bu United Press \ NEW YORK, Jan'. 24.—Constructive developments over the week-end included the arrival of $4,00,000 additional gold/ from France and the local clearing house statement which set forth an increase in surplus reserve of $27,391,000, bringing that item to $39,.001,000. These indications of stegdily increasing strength of the money situation were somewhat offset, howler, by unfavorable tendencies in branches of trade, particularly the easier price trend reported in the steel industry. Asa result price movements In active stocks continued mixed. Stfeel common broke to new low ground on the movement at 15C, off !4, and Mack Truck at 89%, off %. Oils were also heavy due to further increases in the California production, Standard Oil of New Jersey losing %, to 38%. But rails maintained a strong tone under the influence of further urgent buying of Western Maryland, which jumped 2 points t.o 26%, and Wheeling and Lake Erie, which ran up 3 points to 52%. Selling in the main body of stocks was checked around noon through the bidding up of several issues in both the railroad and indutsrial departments. Baldwin ran up to 150%, up more than 3 points from its early low. This recovery was accompanied by revival of the familiar rumor regarding the sale of its Philadelphia property.

Banks and Exchange

—Jan. 24 INDIANAPOLIS STATEMENT Local bank cl parings were $3,015,000: debits. $6,181,000. FOREIGN EXCHANGE Bu United Press NEW YORK, Jnn. 24. Foreign exchange opened steady. Demand sterling. $4.84 15-16; francs. 3.96 c. up .00Vi; lira. 4.30 c. off .0.3; Belga. 13.69 c; marks, 30.69 c.

Produce Markets

Butter (wholesale price)—Creamery best grade, a pound 51@52e. Butterfat —Local dealers pay. 50@51e a pounds. Eggs—Strictly fresh delivered at Indianapolis, 35c. Poultry (buying prices) Hens, large breed 23®24c: Leghorn. 18(./20c; roosters and Leghorn stags. 14& 16c; staggv young springs. 18(fi2lc: soft meated springs, 23@24c; Leghorn springs. 17 01 18c: ducks. 17®22c; geese. 13® 15c; turkeys, young toms. 33 <u 35c: liens. 33® • )6o: old toms, 25®28c: guineas, young. 50c; old. 35c; capons. 7% lbs. up, 28® ;tOc; 6 to 7% lbs.. 250r27c: under 6 lbs. and red beads, 22 @ 25c.

Indianapolis Stocks

—Jan. 24 —Storks— Bid .'.ait Amer Central Life 375 ... Amer Creosotina Cos pfd .101 Ad Kumely Cos com ....... 16 10% Ad Rtimely Cos pfd 32 % 31 Beit R it com 61 60 Belt. It R pfd 55 60 Cent ind Powe.r Cos pfd. ... 87 92 Cities Service Cos com 52 % ... Cities Service Cos pfd 01 % . . Citizens Gas Cos com 50 50 *i Commonwealth Loan Cos pfd 99 ... Equitable Securities Cos com 51 ... Ilook Drug Cos com 28*4 ... Indiana Hotel com 12 ... Indiana Hotel pfd 100 ... IndaJia Ppe Lne Cos 61 indianapolM Gas 58 60 liidpls & Northwestern pfd. . Indianapolis St R,v -. 36 38 Interstate P Ser nr lien pfd. 98 Merchants l’ub Util Cos pfd. 100 ... Progress Laundry com .... 22 % Pub Sav Ins Cos 16 Ranh Fertilizer pfd 48 % Heal Silk Hosiery pfd 100 Standard Oil Cos lnd 72 . . . Sterling Fire Ins Cos 16 T H 1 & E com 3 . THI4 E pfd 24 2,7 T H T * L Cos pfd 89 Union Trao oi lnd coni ..... 1 •n Trac of Ind Ist pfd .... 10 n Trac of Ind 2nd pfd. . .. n Title Cos com 88 van Camp Pack Cos pfd.... 16 Van Camp Prod Ist pfd . 99% 97% Van Camp Prod 2nd 9o Wabash Ry Cos com . . ... 14 % ... Wabash By Cos pfd 79% ... —Bank Storks— Aetna Trust and Sav Cos. .. .115 ... Bankers Trust Cos 133 ... City Trust 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 269% 270% Indiana Trust Cos 230 260 Livestock Ex Bank 163 ... Marion County Bank 175 Merchants Nat Bank 325 Peoples State Bank 185 Security Trust Cos. ....... .250 State Savings and Trust.... 86 96 Union Trust Company ....405 Wash Bank and Trust C0...158 ... —Bonds— Bel* B R and Stockyards 4s 90 Rroail Ripple 5s ... (9% ... Central Indiana Cent lnd Power .. . 99 ... lent Ind Power CJf7s 99% Citizens Gas Cos os 100-, 101 % Citizens St R R 5s 85% 88 Home T mid T of W 6a. ... 103 Indiana Coke and Gas 6b.. 102% ... Indiana Hotel 6s 98 ... India) a Northern 6s 2 ... Ind R.v and Lt 5s 95 lnd Service Corp 5s 83% ... lnd union Trac 5s 4 ... Tnrlpls Col and So 6.5 .... 98 % 101 [iid)6s Gas Cos 5s 99 % 101) % indpls Lt and Ht 5s 103 Indpls & Martinsville 55... 69% 74% Inripis Northern 5s 22 24 Indpls & Northwestern 5s . 68 ... Indpls & S. E. 6s 2 Indpls Shelby & S E 65.... 2 Indpls St Ry 4s 64 a i 68 Indpls Trac and Term ss. . . 94% 96 indpls Union Ry 6slol Indpls Water VVks Sec C0..100 Indpls Water 5%s 103% 104% Indpls Water 4%s 04% interstate Public Serv 65.. 102 Fntersttae Pub S Be 0 %s, . . 104 T H I A E 5s 77 THTA Lt 5s 03% .. . Union Trac of Ind 6s 19% 21 —Liberty Bonds—--Ist 3% s 101.30 101.32 l-t 4% s 102.22 102.34 3d 4% s 100.70 100.83 3d 4% s 101.30 101 4-1 Mh 4' , S 103.70 103.84 liflk Tl- 4%s I 10.60 110.70 Tr 4s 106.53 106.6(1 OTxTr. 4%s 103.60 103.70 —Sales— One share Citizens Cas Cos ss. . . .101

Peppermint Oil

"NEW YORK - . Jan. 24 —Peppermint oil— Natural. $4.0004.75. U. S. V.. $505.25.

New York Stocks

—Jan. 24 _ Railroads— ' Prev. High. Low. 100. close. Atchison .. 168% 166 % 167% 167% At Coast L 190 ... 187% 190 B. & O 111% 110% 111 111 Can Pae.. 168% 168 168 % 168% C. & O 160% 159 159% 160% C. &N. W . 81% ... 81% 81% C.. R. & IN. 74 ... 73% 73% Del & Hud 175% ... 175% 176 Del & Lack 144 % Erie * 43 43 43 4 : Vs Erie Ist pfd 55% 55% 55% j>s Gt No Pfd. 85% ... 85% 86Lehigh V.. 121 ... 119%, IA% K C South. 46% 45% 46% 45% L. & N. ..131 ... 180,. Mo Pac pfd 96% .■ . 94,4 •• N Y Ceil... 144 143% 142% 143% NY NH&H. 46% 45% 45% 46% No Pacific 84 83% JS Nor &W... 159% ... 159 159% Pere Marq 123% 132 122% 110% Pennsylvan.. 58% 58% -(8% oov Reading .. 99 % ... ,98% 99% S Railway. 124% ... 134 1-4*4 So Pacific. 109% I°B% 109% St. Paul... ... ... 10 St Paul, pfd 31 ... "0% ~1% a T Xr w . . . . 65 Itl. &S F 105% ... 103% 104% Union Pac 163% . 16-h 16- % Wabash ... 45% .. coif Wabash pfd 79% <9 79% /9% Rubbers — Aiiv 10% ... 10% Fisk .'.'. '.'.16% ■ 1J) $ {2 A Goodrich ..46 % ... lb * 16 * Gdyr pfd... 99% 99% 99% KeflySpg... 10. • • 18, ISj, U S Rub. . 58 % ... u 8 % 59 % Am : rk O, Fd“IW% 100 100% 101 >4 Amer Loco 108% 108 108% 4j> Am Stl Fd. 45 . . . , 4i> 108 Bald Loco 151% 146% ljl% IH^ Gen Elec... 84 83% 83 81 Lima 64 ... f 64 NYAirb.. 41% ... 41 % 4,y P Steel Car 46% 4<> % 45% 4-> ! * Pullman ..186 184% 386 18j> Westh AB. 135% 134%, 135 A IjjJ? Westli El . 68% ... 68% 69 Be till * ,S 47 16% 46% 46% Colo Fu .. 51 48% 50 48% Crucible ... 79 ... <B% 79 Gu St Stl. ... ... -i,-, 65 Ph RC & I 42% ... 43 . 4-% Rep Stl... 60 58% 59% §O% SI-She f . i-., ,-iUn St Stl. .156% 155% 156 168% Vanad .... 30 ... 39 38% Am Bos ... 13% ... 13% 13V Chandler ..22 ■ ■ In-. Chrysler... 40% 40% 40% 40 „ Con Mo ... 11% 11% 11% 11% Do.ln-f. 24 7 H 34 fyj 34 Ml 24% Gabrfel ... 31 % .... 30% 31% Gen Mo ..148 145% 146% 148 Hudson ... 50% 49 Vi 49 ja / Jordan .... ... 18H •••., Mack ... 89% ... 88% 89% Mar-Par ...21 Vi . 2J Nash .... (it)*% 06 60 •} HOVj Packard ... 34*4 ... %;4 • :x 7 . Pi Ar 1?% ... 19% 1974 Studeb .... 5o % o 4 Vs 64% 55 % Ste-War ... 65% ... 65% 65 74 Timken ... 87% 85% 87 87% Wil-Overl ..21 20% 20% 21% Wh Mo . . 54 *4 ... 54 % ... Mining— ... Am Sm ..1338 ... 137% 138’$ Anaconda . 47% ... 47% 47 % Ver De P. . 61 % ... 61% ... Inspiration .24 % ... 24 % 24 % bit Nie .. 46% 39% 4040% Ren.ire ... 61% 61% 61% 63 Tex G & S. 52% 51% 52% 52*4 D S Sm... 34 ... 33 % 35 Dlls— At Ref ...112% ... 110 113% Cal Pet . . 31 % .. . 31 31 % Frcep Tex . 38% , 3$ 38% 38% Houston .... . . ... 69 % Indpend Oil 31% 30% 31 31% Marland Oil 57% ... 57% 57% Mid Con Pet 38*. 38% 38 % 38% P-A Pete B 64% 64% 64 % 64% Pacific Oil. 1% 1% I *4 I*4 Phillips Pet 56% 56% 56% 56% Union Oil. . 55 . . 54 54 % Pure Oil .. 28 71— 28% 38% 28% Royal Dutch . ... ... 51 Vi Shell 30*4 ... 30% ... Sineiiar ... 21*4 ... 21 21% Skelly .... 35% ... 35% St Oof Cal 50 % . . 59 59 % St O of N J 38% 38% 38 % 48*4 Texas Cos . . 57 % ... 57 57 Trans Pet. 474 ... 4*4 474 Industrials— Ad RviniKy .. ... ... 10 74 Allis Chaim . . ... 91 % Allied dim 135% J33*. 134% 134*4 Armour A.. 15 ... 15 ... Airier Can.. 46-4 46V* 46*4 46*4 Am Wool.. 25% . . 25% 25% A H & L pf 51 Am Saf Raz 51 ... 50% 50',4 Cent Lentil. 9 9 9% Coca Cola. 110 ... 169% 170 Cont Can . 71% ... 71*4 71*4 Davis Chm. 30 \ 29 % 30 * 29 Dupont . 171% 169% 171 170% F Players .109% 108% 109% 108% Gen Asphalt 84 IS 81’5 82% ■ 83% In Cm Eng. 47% 46% 47*4 47% Int Paper. . 56*4 55 56*4 56 bit Harv . .139% ■ 138% 139% May Dp St. 68 ... 68 68 % Mont Ward. 03*4 63*4 63% 63% Owen Bottle 76% ... 75% 76 Vi, Radio 51% 47% 50% 17% Rem Type 132% 130% 132 129*4 R'-al Silk . .41 . . 41 Sears Roeb. 52 Vi 57% 52% 52*4 l'n Dr .... 167 ... 167 167% U S C IP. 307 % 204 204% 200*4 U 9 I Al. . 81% ... 80*4 81 % Woolw .... ... 181 *4 Utilities— Am T & T. 153 ... 152*4 153 Am Exp i . .. . ... ... 129 Am Wa VVks 66 ... 66 68% Bklyn Man. (!!' .... 69 68% Col G * El- 88% ... 87% 87% Cons Gas . .104% 103% 102*4 105 interb ... ... 45*4 No Am Cos. . 48 47% 47% 48 Peo Gas ... ... 126 Phila Cos r. . ... 88 St G u El. . 55 . .. 55 55 West Un ..146% ... 140 % 145',4 Shipping— Am Int Cp. .. . ... ... 3fl Am Sh & C . . . ... •. . . 6 % At I Oil 38% 38% 38 Vi 37*4

Commission Row

PRICES TO BETAILKKB _ FRUITS Apples—Box apples. Jonathans. $2,35 0 2.50: Grimes. $1.8502.25: Spitzberg. $2.50; Staymeus. $2.75: Delicious, $3.50. Extra fancy barrel apples—Jonathans. $4.75; Grimes. $4.75: Greenings, $4.60: Cherry Red Baldwins. $4.50: Virginia Winesaps, $5- Stayman, $5: Delicious. $7: New York Kings. $4.25; Rome Beautys, $4.50. Fancy barrel apples—Jonathans. $1(1/4.25; Staymen, $4.50: Rome Beauty. $4.25; New York Baldwin. $3.26 04: Delicious. $6: Northern Spy*. $5.50: Winesaps, $4.25. Basket apples (40-lb baskets)—Jonathans, $1.5001.75: Staymen Winesaps. $1.50: Delicious. $1.7502: baking, $1.50: Wagners. $1.35: New York Baldwins. $1.4001.50: New York Kings. $1.50: Northern Spys. $1.65. Bananas. 7c lb. Cranberries—Jersey Howes. % bbl. $4.50. Coconuts—Fancy Jamaicas sack ol 100 #5 @6.50. Dates—Hulk. 10® 11c lb.- Cards 12 lbs.. $2 40; Dromedary. $6.10: unpitted. 85c @$ 1.78. Grapes—Fancy Emperor sawdust ke~s $6.50 Grapefruit—Extra fancy. $3.5004.75: fancy. $3.75. Honey—24-case crate. 84.50 06. Kumquats—Florida. 15020 c qt. Lemons—California, $5. Oranges—Florida. $2.7504.50: California navels. $3.25 @6.50. Pears—Oregon D Anjous. *5 50 box. Pineapples—Cuba, crate, $5 0 5.50. Tangerine—Florida. $2.26® 4.25. Strawberries —Florida. 80 @ 85c. SEA FOODS Oysters—Gal.. $2.4002.76 VEGETABLES Artichokes—California. $1.25 dozen. Beans—Florida green per hamper 3.6004. _ Brussels Sprouts—Fancy California. 35 040 c lb.Cabbage—Holland seed 2%c lb.- red cabbage 6c, lb.: Texas. 5c lb. Cauliflower—Crate. $2.75. Cciery—Michigan, squares $2: Michigan Jumbo washed 81 dozen: California sb: Florida. $4 crate. Celery cabbage—Box. $2. Cucumbers—Hothouse. $3.25. Eggplant—Florida. $2.60 per doz Garfle—California 12 %c tb Kale—Virginia Brocoli. $2.50 bbl.: H. G. 76c bu. Lettuce - Iceberg, ert.. $4: H. G.. hothouse. $2.40, 15-lb. basket: California. $2.75 crate. Mangoes—Florida peppers. $6 crate $1.75 pecK. Mushrooms—Pennsylvania. $1.76 for S lb. basket Onions—H. G. yellow. 100 lbs.. $3.25: H. G. red. $2.75: Spanish, ert.. $2: Indiaia white. 82.25 bu. Oyster Plant —H. G%. 45c dozes. Parsley — K G. 50c per bunch: southtm 90c bn Peas—s6.soo7 a hamper. • Potatoes—Michigan round white, sack $4.60: Minnesota early Ohina 120-Ib bag $4.25: Idaho russets. $3.75 cwt.: Tdaho bakers $4: Texas triumphs. $4.50. Radishes —Scuthern long reds 30®36c hothouse buttons, sl. Rhubarb —H. (}.. $1.16. , Root Vegetabicr turnips, 00.. $1 parsnips, bu.. $1.75: carrots, bu.. $1.50: new Texas, bu. $2: Canadian rutabagas. $2 cwt ; It G beets $1.50 bu Tcxae beets. $3 bu. Shallots—nouisiaint 65, dozen Spmech—Texas. $1.50 bu. Squash H G Hubbard bbl. $3 Sweet Potatoes—lndiana Jersey bu. $3.50: mediums. $1.75: Nancy Halls $3. Tomatoes—Six-basgei ert $6 ottw 8 no

Local Wagon Wheat

Local grain elevator are paying $1.27 for No. 2 red wheat. Other grade* are purchased on tbelr merit*

(By Thomson & McKinnon)

In Me M pfd 38% ... 38% 38% Un 110 * Foods— Am Su ... 81% ... 81 Am B S•• • ■ ■ • ~~ .t Aus Nic .. B*4 ... .?*i B*4 Be Nut Pkg 56 ... 60% 56% Cal Pkg ... 67 % ... £% 67 Vy Cn Pds ... 49 Vs ... |B% 48% Cu Ca pfd. .48 % ... 48 % 48 % Cu Am Su. .... •• • "ii, it, Fleischrii .. 40*% 46 , j 47 .lew Tea • •• • ~ Nal Bisc ..97 *4 ... - % 97 p.ii, Al** . . ... 44 Pqstum ... 99 9.8 98% 98% Wd Bk 8.. 31 . . 31 31 Tobaccos— Am Sum .. 44 *4 44% 44*4 44% Am Tob ..121 ... IJI U;2'% Am Tob 8.120% ... 130% 120% Cons Cig . . SO % ... 80 Vs 80 % Gen Cig ■ • • ■ • • o3 % Liggett ... 98% Lorlllard ...31% ... 31 31% R J Revn. . 122% 1-2% 122 Vs 1-2% Tb Pd B. .109 ... 108% 108% Un Cig St.. 96 ... 96 96 % Sch RS. .. 48% ... 48% 48

WHEAT HIGHER AS PIT STARTS WEEK Corn Up at Opening—Oats Steady to Strong. Bn United Press CHICAGO, Jan. 24. —Sentiment In wheat appeared bullish at the opening on the Chicago Board of Trade today, with prices %• to ?s higher than the previous close. Liverpool was higher than expected and the trade is looking for a moderate decrease in the visibla supply here. Corn opened *4 to % cent higher than Saturday’s close. Next improvement movement in corn prices probably will depend on the attitude of the country shippers. Recently moderate advances in prices have brought materially Increased offerings and the talk now is that if this cold, dry weather continues receipts at terminal markets will be greatly enlarged. There was no news affecting oats and prices opened unchanged to *4 cent higher. Provisions opened unchanged. Chicago Grain Table —Jan. 24WHEAT— Prev. High. Low. 11:00. close. Mar 1.41 'i 1.40% 1.40*4 1.40 July 1.31% 1.31% 1.31 % 130% Sept 1.28*4 1.28 Vi 1.37*4 CORN — May 82 81 *4 .81 % July 85*4 85 .84*4 Sept . .87 >4 87% .86*4 OATS— Stay 49% .48*4 .48*4 .49 July 48% 48 Vi .48% Sept 46*4 .46% .46*4 .46% RYE— May .1.07*4 1.06% 1.07 1.05*4 July 1.02% 1.02% 1.01*4 Sept 99 % .99 .99 .98% LARD— Mar 12.55 12.55 12.42 May 12.77 12.70 12.72 12.77 RIBS— May . .. y 15.00 15.00 14.87 CHICAGO. Jan. 24.—Carlots; Wheat. 28: torn. 149; oats. 53: rye, 2.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK, Jan. 24.—Prices were unchanged in the sugar futures market at the close of last week, in comparison with where they stood at the end of the week preceding. Actual trade developments furnished no inceptive for bidding up prices Inasmuch as the size of the various world sugar crops, aside from Cuba, has not as .vet been definitely determined, current predictions can be accepted only on their face value. Fresh demand for raws and granulated will be necessary to stimulate the market.

In lie Cotton Market

,)m * on * McKinnon) NEW 5 ORK, jail. 24.—Unless the ginning figures arc radical enough to give the. market anew start. I think a reaction is at hand. Europe cannot buy forever. They must be well supplied. For several riav's the market has completely ignored bullish reports on general business. PLAN FOR TrTsH~DAY Hibernians Will Attend Solemn High Mass Mareli 17 Ancient Order of Hibernians and Ladies’ Auxiliary members will attend solemn high mass at St. John’s Catholic Church at 9 a. m. March 17, St. Patrick’s day. Monsignor Francis H. Gavisk will preach. Charles J. Fisher, 206 State Ave., Hibernian chairman for the day. said a musical entertainment is being arranged for the evening at Tomlinson Hall. Committee members: Charles J. Fisher, Harry McMahan, Dennis Dev laney, Harry Gallaway, Dr. M. J. McGinty, Eugene O'Sullivan, James L. Kinney, Barth O’Leary, Michael J. Mannix, James H. Deery, Francis J. Flaherty and Thomas J. Doyle.

HOOSIERS LEAVE CHINA R. P. Schaefer anti Family, Evansville, En Route to Manila. Bu United Press ‘ NEW YORK, Jan. 24.—Twenty women, six men and an unknown number of children connected with tho Methodist foreign missions at Foochow, China, have gone to Manila, four others have gone to Sha bwuxn and one family is sailing for the United States, the United Press was advised today by the New York office of the Methodist Board of Foreign Missions. The information to the New York office was contained in cables today from Bishop Charles B. Mitchell at Manila and Bishop Wallace E. Brown at Foochow. Among those who have left for Manila are Mr. and Mrs. R. P. Schaefer and children, Evansville, Ind. I K. OF C. IS HONORED William F. Fox Sr. Receives High Papal Award for Service. Knighthood of St. Gregory the Great, a high papal honor, was bestowed upon William F. Fox Sr., 3540 N. Pennsylvania St., at the Knights of Columbus Hall Sunday afternoon. Investurc was in charge of the Rt. Rev. Joseph Chartrand, bishop of the local diocese. The honor was In recognition of twenty-seven years of active service with the Knights of Columbus of this city and devotion to the church as a Catholic layman.

. THE ESDI ANAL ol JS "TimEs

Highest in Two Months Calves Drop—Sheep, Lambs Quiet.

—Hog Price Range— Jan. Bulk Top. Receipts 17. 12.25 6} 12.65 12.65 4 .<>oo 18. 12.10012.25 12.50 8.000 19. 12.10 (hi 12.55 12.55 7.00(1 20. 12..104413.40 12.50 5.000 21. 12.00 ft 12.30 12.30 7.500 23. 12.15 0 12.35 12.40 4.500 24. 12.25 <n 12.65 12.65 3.000 Only once in more than two months have hog prices at the Indianapolis Union Stockyards been as high as today, where a.' small run was received. This high point was first touched a week ago today. The market was active, with a 15-to-30-cent advance on the hundredweight, prices lragely being up 25 cents. At Chicago the increase was 15 to 25 cents, but with bulk sales still lower than here. The fresh run of porkers numbered only 3,000, while 716 head were held over the week-end. Most sales were at [email protected], with top of $12.65. In contrast, the bulk on the Chicago market sold at $12.20® 12.30. Hog Price Range Meat quotations were made on a four-scale basis. Material weighing 90-130 pounds sold at $12.25 down; 130-160 pounds, [email protected]; 160-250 pounds, [email protected]; 250 pounds up, [email protected]. Packing sows cleared at $10.25@11,25, a 20-cent gain over Saturday. The beef market was steady, receipts estimating 800. Beef steers went at s7@ 10.25; beef cows, $5.25@ 7; low cutters and cutter cows, $3.50 @4.75, and bulk stock and feeder steers, $6.75@8. Calves Drop Vealers were around 50 cents lower, the bulk selling at $15.50 down. Best vealers brought sl6' The quality of the run of 500 was unattractive. Estimated receipts of sheep and lambs were 200, but virtually noth ing was offered for. sale and no prices were posted by the Agriculture Department’s bureau of agricultural economics. Prices Saturday were: Top fat lambs, $12.50; bulk fat lambs, sll @ 12.50; bulk cull lambs, s6@9. —Hogs— Receipts, 3.000; market higher 130-160 IbM $12.254i. 12.60 160-250 lbs 12.3041 12.65 250 lbs. up 13.25441240 —Cattle ■ Receipts. 800; market steady. Beef steeps $7.60 4? 10.25 Bulk stock and feeder steers. 6.75® 8.00 Beef cows 5.25® 7.00 Low cutters and cutter cows.. [email protected] —Calves— Receipts. 500; market lower. Best vealers $15.00® 16.00 Heavy calvea 6.50 (gj 9.00 —SheepReceipts. 200; market nominally steady. Top fat lambs *512.00 Bulk fat lambs •11.00(212.50 Bulk cull lambs *6.oo(fi 9.00 •Saturday s quotations; none given today. Other Livestock LOUISVILLE, Jan. 24.—Hog—Receipts. I. mjrket. pigs and roughs, steady: others. 25c higher; tops. $12.40. Cattle—Receipts. 900: market, steady. Calves —Receipts. 400: market, steady; good to choice, $12.004?13.50; medium to good, s94i ll; outs, $9 down. Sheep—Receipts, 50: market, steady; top lambs. $lO 50 e 11. seconds, [email protected]; sheep, $5.00 @5.50. ■PITTSBURGH. - Jan. 24. Hogs Receipts 1,000; market steady to 25c higher; 250-360 lbs.. $12.40(212.60; 200-250 lbs.. $12.50ffi13: 160-200 lbs.. sl34i 13.10; i.’IO 160 lbs., $13(213.10 : 90-130 lbs.. sl3 @13.10: parkin* sows. slo@ II .25. Cattle —Receipts. 900; calves (SOO; market about steady: bref steers, top $10: light yearling steers and heifers. SB(2 8.75: beef cows, $6.50(27.25; low cutter and cutter cows, s3@4; vealers. $16.50; heavy calves. s64i! 12. Shec|> —Receipts. 1,7/>0; market, lambs. 25e higher, sheep steady; top fat lambs, sl3. CLEVELAND. Jan. 24.—Hogs—Receipts. 4.200: market. 10@15c higher; 250-350 lbs.. $13.5041 12.65; 200-250 lbs . $12.60 4/ 12.65; 160-200 lbs.. $12.66 ft 12.85; 130-160 lbs . $12,754/ 12.85; 90-130 lbs . I*l2 804112.85: packing sows. $10.25(611 Cattle—Receipts. 750; calves 700; market strong to 55c higher: heef steers. sß ><t 8.75; light yearling steers and heifers. $8.26418.75: beef cows. $5 417: low cutter and cutter cows. $3,504(4.60; vealers. sl6 @ 16.50 Sheep—Receipts. 4,400; market slow, steady; top fat lambs. $12.50; bulk fat lambs. $124? 12.50: bulk cull lambs. $9(5 10; bulk fat ewes, s4@6.

200 CAR DEALERS AT STAIE CONFAB Willys • Overland Leaders Talk 1927 Prospects. More than 200 Indiana dealers attended the Willys-Overland Company convention today at the Gibson Bldg., Michigan St. and Capitol Ave. -Luncheon was served. L. G. Peed, Toledo, Ohio, general sales manager, presided and outlined sales methods for 1927. O. P. Kilbourn, assistant; Ward M. Canady, advertising director and R. M. Rowland, sales promotion manager, ail from the Toledo organization, are attending. “This will be a banner year for automobiles and accessories giving the value that motor car buyers expect,” Peed declared. The meeting, the sixth of a series conducted by the Toledo organization, will end tonight. STRATEGY FOILS THUG An armed bandit robbed Frank Leas, 42. a collector for a local newspaper, Thirty-Eighth St. and Boulevard Place, as he was .returning to his home at 3745 Boulevard PL, Saturday night. Leas threw his money wallet containing J9O into a vacant lot as he raised his hands. Apparently angered when Leas' pockets contained only $23, the bandit beat him up, breaking his eyeglasses and cutting his face. Two Negroes Saturday night entered the grocery store of Max Gold at 801 W. Tenth St., holding up Gold and Anderson, a customer, of 728 W .Tenth St. They stole $45 from the cash register and fled with another Negro who acted as a look-' out. Earl Nail, 38, driver for a laundry concern, living at Sixtieth St. and Michigan Rd„ was robbed of S4O Saturday night by Negroes at TwentySecond and St. and Parle Ave.. he told police.

MOURN CRASH VICTIMS Town and College United in Grief for Ten Dead Students. Bu United Press WACO, Texas, Jan. 24.—Town and gown joined here today In a memorial service for the ten Bayor College students who lost their lives Saturday in a crossing accident at Round Rocfc, Texas. In the bus demolished at an International Great Northern crossing was the basketball squad on its way to Austin for its annual game with the Uniyersity of Texas and with it a number of students to witness the contest. _ Bodies were en orute to various cities over the State where families arranged burial services. Some were brought here. Seven injured were in hospitals at Taylor, where physicians said they expected no further casualties.

GOLD AND SILVER PRODUCTION LESS U. S. Treasury Issues Figures for 1926. Bu United rrrss WASHINGTON, Jan. 24.—G01d and silver, valued at more than $85,000,000 were mined in the United States last year, according to statistics made public by the treasury department. California is still the mecca for gold hunters while Utah produced more silver than any other State. The country produced 2,288,089 ounces of gold and 62,029,000 ounces of silver. Gold production last year was valued at $5,561,200 less than the mining of this metal in 1925, while silver production fell off about 4,126,000 ounces. The States and value of precious metal mined last year follows: State. Gold. Silver. Alaska $6,467,300 $400,034 Arizona 4.759.200 4,684.866 California 11.574,400 1.232,123 Colorado 0,859,200 2,803,559 Georgia/ 2,100 6 Idaho 251.800 4.715.421 Illinois 1.966 Michigan 68,654 Missouri 43,997 Montana 1.248.800 7,798.906 Nevada 3,505,900 3.939.700 New Mexico 527.400 336.315 North Carolina . . . 2.000 13 Oregon 261.100 17.105 Pennsylvania .... 400 340 South Dakota 5,932.000 51,687 South Dakota .. . 300 Tennessee 8 700 66,359 Texas 2.300 280.791 Utah 3.681.200 12.042.900 Vermont 1.002 Virginia 200 Washington 183.400 1 02.138 Philippine Islands. 2,031,200 27,942

IRISH FREE STATE MINISTER IN CITY Addresses Organizations on Trade, City Management. Timothy A. Smiddy, minister plenipotentiary of the Irish Free State, to Washington, will be the guest of honor principal speaker at a dinner to be given tonight by the Indianapolis Chamber of Commerce. Smiddy will discuss “The Trade Problems of the Irish Free State and Their Relation With the United States.” * The Irish minister will talk before thd Rotary Club at its regular luncheon at the Claypool Tuesday and later address a joint session of the Indiana Legislature. Smiddy is an advocate of the city manager plan of municipal government. Three of the largest Irish cities, including Dublin, t e organized under this plan. Irish municipalities were functioning at a great loss. A great saving to taxpayers has resulted, lie said. PLAN OPEN AIR CAMP Approach Completion of More to Aid Sick Children. Plans for the development of the child nutrition camp near Bridgeport, lnd., are well under way, it was announced today, following the visit here last week of Jamieson Marshall, secretary of the National Tuberculosis Association. The association purchased 80 acres on the banks of White Lick Creek last fall, to be used a nutrition camp, where children of Indianapolis needing open-air treatment will be taken for the summer. The camp is supported by voluntary contributions. SCH ED UL ESAR BIT RAT 10 N Senate Will Take Up Mexican Oil Resolution Tomorrow. Bu United Press WASHINGTON, .Tan. 24. —By unanimous consent the Senate decided today to take up tomorrow the Robinson amendment advising the administration to arbitrate oil land difficulties with Mexico. Little objection is expected to the resolution and indications are that it will be adopted by an overwhelming majority. Action was delayed on the Morris resolution requesting information from the secretary of State concerning the number of American oil operators who have acquiesced in the Mexican law. GROTTO TO BUILD HOME 550,000 Children’s Building at Franklin Planned. Bu United Press , SOUTH BEND, lnd., Jan. 24. Plans for construction of anew building for children at the Indiana Masonic Home. Franklin, lnd., were made Sunday night at a meeting here of State Grotto association representatives. The new building, providing forty rooms and costing $50,000 will be similar to the unit recently built at the home by the Knights Templars. The next meeting will be held March 29 In -Indianapolis. South Bend is seeking the national convention of the organization next year or the year following.

YALE EDUCATOR SAYS MENTALITY NOT HERITAGE Prominent Lecturer and Doctor Attacks Old Theory. Bu Times Special > NEW YORK, Jan. 24.—The widely accepted theory that insanity is hereditary is denied by Dr. Frankwood E. Williams, editor of Mental Hygiene and lecturer in psychiatry in the Yale school of medicine. He is strongly opposed to the growing movement for passage of State laws providing for the sterilization of the unfit. Even feeble-mindedness, he believes, is not nearly so likely to be handed down from parents to children as is generally believed. He says that not more than 40 per cent of feeble-mindedness is due to heredity. Dr. Williams, in addition to his other positions, holds a place on the staff of the New York City Institute for Child Guidance. Discussing methods used by many social workers and students In gathering their data on the lift histories of families, he said: ‘‘Some very earnest and tremendously serious student who wants to work out a master’s or doctor's degree digs up material for a thesis. You could put a feeble-minded boy of 14 in front of this student and she wouldn’t know how to begin proving he was feeble-minded. And yet, this same person, after questioning some neighbors and residents of the community, has no hesitation in definitely declaring that this boy’s great, great grandfather was insane an uncle was feeble-minded, and a cousin was a moron. “On data collected in such an unscientific fashion we are asked to accept a theory that insanity or feeble mindedness is hereditary.” The Yale lecturer does not relish the thought of a “young and enthusiastic State officer” fired with a zeal for suddenly improving the human race by ridding it of the mentally unfit, going about the State sterilizing everyone who in his opinion, doesn’t think right. "I'm afraid he might sterilize all cf us except himself, when In all probability he is the one who ought to be sterilized,” he said.

CHAMBER VACANCY NOT YET_ FILLED Reduce Number of Appl : - cants to Five, Miller Says. Refusing to reveal their identity, Dick Miller, Chamber of Commerce president, today said five persons arc being considered for the executive executive head of the Chamber to succeed John B. Reynolds, secretary, who resigned, effective In March. Miller admitted J. S. N. Walters, Industrial expert of Memphis, and L. 11. Britton, St. Paul, Minn., Chamber official, has conferred with local officials on the position. “But they have come and been forgotten,” declared Miller. With the election of Miller, it was announced an “industrial engineer” to "sell Indianapolis” would be employed. and a lower salary man would be secured as secretary. “The salary we pay will depend on what kind of men we get,” said Miller. plane” lands at sea St. Louis of Pan-American Flight Repaired and Proceeds. Bu United Press , BARRANQUILLA, Colombia, Jan 24.—Three planes of the United States Army pan-American flight squadron were safe here today after a rough journey from France field, Panama, during which the amphibian St. liouis was forced down south of the gulf of Darien. “The St. Louis alighted on the open sea in high rollers,” Maj. H. A. Dargue, flight commander, told the United Press today. "We dropped a message and seeing that her personnel were safe we came on because of the danger to our planes if we had alighted. The St. Louis got the water .cleaned out of her gasoline and took off, arriving hero an hour behind us.” GET THE TAGS, JAMES! The police will get you if you don't watch out! This is the warning to autoists who fail to procure 1927 licenses for their cars by Feb. 1, according to LaMoine Jackson of the State auto license department. The Statehouse pfflee had issued 41,384 sets Saturday. Police will begin rounding up delinquents after Feb. 1. Every facility possible is offered for speedy service in the issuing bureau, Jackson said. BABE ‘HIGH HATS’ COURT Bu United Press LONG BEACH, Cal., Jan. 24. Babe Ruth, home run king, said today that he did hot expect to appear In court personally at San Diego to answer charges of violating the State child labor law. Seemingly more interested In his future motion picture and In the 1927 baseball season than In his impending hearing, Ruth said he expected to continue bis vaudeville tour without thought of the San Diego charges which allege he violated the law by obtaining children from the audience to appear In hlz act.

Facts! Facts!

I; Our Washington Information Bureau has on its ;i !' shelves a supply of each one of the bulletins which ! > The Daily Times has offered to its readers during I ! the past year. Below is a list. Check the ones you | wish, fill out the coupon below and mail as directed. Enclose the proper amount in postage stamps. !; Single bulletins, 5 cents; four or more bulletins, 4 / cents each; 25 or more, 3 cents each; the whole ; fifty bulletins, $1.50. || I WASHINGTON BUREAU, THE INDIANAPOLIS ;! TIMES, ;j 1322 New York Avenue, Washington, D. C. Enclosed find J. cents, for bulletins marked X oif this list. NAME 1; ADDRESS ;j CITY STATE !;

ORIGIN OF ETIQUETTE —Interesting facts about the ‘ curious origins of our customs of good breeding and good form. QUICK BREADS'—FuII directions for the housewife whose culinary ambition it is to learn how to make various kinds of quick breads. AMERICAN WARS—Condensed historical information packed with facts, about the wars in which America has engaged from the Revolution through the Spau-ish-American. LAMP SHADES AND HOW TO MAKE THEM—A bulletin of instructions, plainly written, for those who wish to make at home artistic and attractive lamp shades of various materials. THE EXPECTANT MOTHER—Drawn from official sources, this bulletin will prove of great value to tho woman about to become a mother, MOVIE STARS—A list or tho luminous lights of Hollywood with facts about their birth dates, careers on the screen, personal description and marital status. CARE OF FOOD IN THE HOME—Useful hints and suggestions for the proper preservation of foodstuffs. GOOD PROPORTIONS IN THE DIET—How to serve well-balanced meals. HOME-MADE PERFUMES AND COSMETICS—FormuIas and directions for making pure homrf-made beauty preparations. SEEING WASHINGTON—A condensed travel guide lor the tourist who wishes to visit the capital of the nation; interesting facts about public buildings t.nd places. INDIAN NAMES AND THEIR MEANINGS—Drawn from government sources and historically accurate. COLUMBUS TO COOLIDGE—An outline of American hi*, tory giving the high spots in the nation’s life. BASEBALL AND FISTIC STARS OF TODAY—Brief biographical facts about the outstanding figures in • these branches of the sport world. HOME CONVENIENCES —Directions for building and installing a number of labor saving devices in the home. DOUGHNUTS AND CRULLERS—A cookery bulletin of receipts for these dainties. DREAMS AND THEIR MEANING—A compilation showing the most popular meanings ascribed to various dreams. • HOUSEHOLD PESTS—The bedbug, the ant, the roach, the centipede, the fly and the mosquito—how to eliminate these pests from the house. SAFETY IN THE HOME—How to guard against atv * cidents from gas, electricity aud poisons used in the home. BIOGRAPHIES OF THE PRESIDENTS—The facts in the lives of all the Presidents of tho U. S. HISTORIC WORDS—Phrases that you use daily and wonder who first used them. APPLES AND APPLE DISHES—Forty ways of using apples in delicious dishes. CHRISTMAS' CUSTOMS—The origins of all the customs of Christmas time. HOW TO INCREASE THE WEIGHT—Simple rules for putting on flesh. HOROSCOPES FOR THE YEAR—What the astrologer* j predict for persons born on different dates. VALUES OF OLD COINS —Listing practically every U. S. coin of value to collectors. FIFTY WAYS TO COOK POTATOES AND EGGS —A bulletin of recipes for preparing these nourishing foods in many attractive ways. PALMISTRY—The standard rules for reading the line* of the hands to tell fortunes. FA.CT AND FANCY—A bulletin of curious information telling things that people think are so which are not so, and things they think are not so which are so. PIES AND PASTRIES—A cookery bulletin with full directions for making toothsome desserts of the pie and pastry order. THE ESSENTIALS OF PARLIAMENTARY LAW—Useful alike to the man or woman in club, lodge, convention or meeting. OLD-FASHIONED DANCES— Simple directions for dancing the old-fashioned dances. AUTOMOBILE PAINTING—A bulletin listing the terials needed and giving full directions for refinishing the family car. FOREIGN DISHES—An interesting compilation of odd dishes drawn from foreign sources. DESSERTS —A helpful bulletin for the housewife who iz “stumped” on what dessert to have. Full direction* and recipes. HOME-MADE BEVERAGES—Hot and cold drinks for every occasion and how to make them. NICKNAMES AND THEIR MEANINGS—A compilation of Interest historically as to the origins of famous nicknames. AUCTION BRIDGE RULES—A bulletin for the averag* bridge player who wishes to improve his game. AROUND THE U. S. COOK BOOK—Recipes drawn from every section of the United States telling how to make famous dishes of local origin. AUTO CAMPING AND TOURING—UsefuI suggestion* for the gypsy motorist. HOME CANNING—A bulletin the housewife will want ready for the canning season. THE ETIQUETTE OF DRESS—What to wear} th* proper thing for every occasion. FROZEN DESSERTS—Delicacies from the freezer and the ice box and how to make them. OUTDOOR GAMES—Suggestions and directions sot; games to be played by groups on outdoor parties. TRAVEL ETIQUETTE —The proper tiling to do In hotel* train, ship. CARE OF CANARIES —If you have a pet canary, you will want this bulletin. PSYCHOANALYSIS SIMPLIFIED—The science of tha reasons for behavior simply explained. SIMPLE PLUMBING REPAIRS IN THE HOME—Useful to the man of the house in repairing small troubles with the pipes. ' LOVE, MARRIAGE AND HAPPINESS—A bulletin that every mother might well place In the hands of her daughter—the facts of sex, love and marriage told In an understandable way, LETTER WRITING —Helps and suggestions for the writ* ing of letters of all kinds. i WIT AND HUMOR—Jokes and toasts that are famoui, J , t .

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