Indianapolis Times, Volume 38, Number 276, Indianapolis, Marion County, 23 February 1927 — Page 13

FJdIB. 'Z6, iy-27

PORKER PRICES DROP LOWEST THIS YEAR

HALLY CONTINUES AS WALL STREET RESUMESTRAFFIC Baldwin Locomotive and United States Steel Outstanding.

Average Stock Prices

Average of twenty industrials Monday was 158.80. up .09. Average of twenty rails was 127.01, off 1.46. Average of forty bonds was 96.38. off .04. Bn- United Press NEW YORK, Feb. 23.—Rallying tendencies evidenced at Monday’s close were maintained when trading was resumed after the hqliday. Baldwin was a feature of outstanding strength on the industrial list, mounting four points to the. highest levels on record at 200%. United States Steel, American Smelting and other industrial leaders also scored good gams, while the principal rails continued the rebound from the selling movement started by the Supreme Court dein the Los Angeles and Salt case. were heavy, due to the general reductions in Midcontinent crude prices. Marland sold off % to 56%, and Phillips % to 58%. Notwithstanding the approach of March 1, call money dropped to 3% per cent around noon. Another bullish factor was an announcement that the Steel Corporation had expanded operations to 91 per cent, an increase of 2 per cent over last week. In conjunction with the easement of the money situation this furnished powerful impetus to the forward movement in leading industrial stocks. Steel common climbed to a further record high at 161%, while American Can was up 1% to 50%. Allied Chemical sold at 140%, up 2%, and Woohvorth at 128%, up 2%. MARKET TURBULENT Exchanbe Opens With Wild Sessions Following Legal Holiday. Bn United Press NEW YORK, Feb. 23.—The stock market plunged into another wild opening session when it resumed, after the Washington birthday holiday, today. In the tirst hour spirited trading drove United States Steel and Baldwin Locomotive, two leading stocks, up.to prices which were the highest in history. fjtgel sold up to IGOts, later losing %-'point. The high price of the first hour was a net gain of 2 points since •day. Record Prices Quantities of Baldwin Locomotive stock changed hands, its record price being 201. a gain of 4% points for the first hour's trading. Later it dropped back to 199. Observers said the activity was a continuation of the rally which set in at the close of the market dayOn Monday, after the ‘ Supreme Court ruled that it could not at this time review action of the Interstate Commerce Commission in setting values on the nation’s railroads, rail stock dropped heavily under “bear” raids. Just at the close of the market a rally set in and the pi'ices began going up again. Today’s upward trend was considered a continuation of that rally. Rails Again The railroad stocks which Monday; had been depressed heavily, all gained this morning, Wabash selling as high as 70 Western Maryland up to 2§’t: Reading 109%; and Baltimore & Ohio 114%. Total sales for the first hour amounted to 640,600 shares— a trading rate of more than 3,000,000 a day. Toward noon prices began settling back, but trading continued heavy. . The recession was attributed to profit-taking.

Banks and Exchange

#■# Fpb. 23 INDIANAPOLIS STATEMENT Local bank cl-ari/igs were $4,406,000: debit*, $8,519,000.

Produce Markets

Butter (wholeeat- prieel—Creamerv beet grade, a pound. 52 @ 56c. Butterfat—Local dealers pay. 51® 54c a pounds. , Eggs—Strietly fresh delivered at Indianspoils. IS@2oe. • Houltry (busting prices! Hens, laree breed, 22® 24c; Leghorn. 1T ®> 18c: r.oosteH4 • and Leghorn stags. 14®, I‘e: staggv young Hiring*. 16@48c: soft mealed springs. 19@20e: Leghorn springs, 15® 16c: ducks. !7@3oe: geese. ll@12c: tnrkeyg. young toms. 30@32c: hens. 30@ 33e: old Tomo. 25c; guineas. 35c. Bv'Uniied Press CLEVELAND. Feb. 23. — Butter—Extra. *2%c in tub .lots: standards. 50%e. Eggs —-Eyt;;! 27c: extra firsts. 20o: firsts. 250: or/Shary. 34e Poultry—Heavy fowls. 28 meuium. 25@27c: I.eyhoms. 22®' 24c - heavy springers. 23® 30c. ducks. 32 @33e; vrtese. 24@26e: cocks. J6@l7e: -OK?. 20 @22 - . Potatoes —Round whites. 1.70-lb. sacks .Maire [email protected]; New York. $3.50® 1.0*1; Ohio range. $'[email protected]: Michigan, mostly. $3.50. some $3.00. poorer4il: tiiahii russets bakers. 120-11). *ack*. 33.711 @ 4.15: Ohio bushel sacks. S 1.35% I.so(Delaware Garnets in hampers, $1.50®. 1.75: Cuban reds, crates. No. 1. $3.50; SO. 2. $4.50.

Peppermint Oil

" (By Thomson Sc .McKinnon 1 NEW YORK, Feb. 23.—Peppermint oil— Natural. $4.10450: U. S. P.. $4.40® 4,50,

In the Sugar Market

(by Thomson & McKinnon) "SKW YORK. Feb. S3.—Sugar trade advttcf give promise of hotter business. J think moderate improvement In raw sugar i’.*fetn and a recovery in refined arc near at hapri. Many are prone to overtook ■' .'!■ rut that ihe trade is approach ins the teuton of heavy consumption. and aUr on they w ill profess surprise, perhaps, over a statistical position which reoent prices have, of course, failed to take into account. I favor the buying side of the futures market.

New York Stocks ■ (By Thomson & McKinnon)

—Feb. 23Railroads— Prev. High. bow. 1 :00. dose. Atchison . .169% 169 169% 168 Vs Atl Cst L. .193% ... 193% 191 B&O ... 114 Vi 113% 113% 112% Canad Pac- 189 187% 187% 185% C & O ... 159 . . . 159 158% C & NW . . 86 ... 84 % 84 % CRI &P. 79% 78% 79% .78 Del & Hud 182% 181 % 182% 180 Del & Lack 151 ... 10l 10l Erie 47% ... 46% 46 % Erie Ist pfd 5843 ->7 % >8' 1 57% Gt North pf 90% 89% 89% 88% Lehigh Val 122 . . 122 K C Southn 51 49 49% 49 L&N 136% M K & T .. 41% 40% 41% 39% Mo Pac pfd 101% 101 101 % 100% NY Cent.. 144% 144 144% 143-% NY NH & H 54% 54 n4 % 03% North Pac. . 90% .. ■ 89% 8.1 Nor & Wn! 169 % 168% 169% 168 Pere Mam . 121 . .. 121 120 Penunsy ... 60 ... 59% ,69% Reading .. 109% 108% 108% 107 % S Railway 126 '. . . 124% 120% So Pacific 110% 109% 110 109 % St Paul ... 15% ... 15% loti St Paul pfd 231s . . . 23% 23% St L & SW 69 ... 68% 68% St L& S F 108 % 108 108% 107% Union Pac .169% 167% 169 167 Wabash ... 70 08% 6?!? Hl-V Wabash pfd 89% 88% 89 % 88 A Rubbers— Aiax 11% 11 11% 11% Fisk 16% ... 16% 11% Goodrich . . 53 % 52 o3 % -)2 % Goodyr pfd. .. ... ... 106% Kelly Spgfld 10% 10 10% 10 U S Rubber 63% 62% 02% 61% Equipments— Am C and F • • • 103% Amer Loco 110 ... 110 109 Am Stl Fdy 40% 46 46% 46% Bald Loco .201% 198% 200 196% Gen Elec... 85% 84-4 Ba% 8a Lima .• • •; • , ! J '* N Y Airbrk 40% ... 46% 40 Pr Stl Car. 53% . . 53% ->3% Pullman . .18.3 . . 183 18.3 Rail Sig. . 96% 95% 96% 9a Westh A 8.147 146% 147 146 Wsth Elec. 75% 75 <o% <4 ,i Steels— Be till 48% 47% 48% 47 Colo Fu .. 60% 58 60% o 7 % Crucible . . 87 84 % 86 % 84 Gu St Stl. 61% 61% 61% 60% Ph RC&I 43 % ... 42 % 42 % Ren Stl. . . 60 % 65 % ,66 % ,04 % Sl-Shef ...132 130 132 129% Un St Stl. 161% 108% 101% 108% Alloy ... 26% ... 26% 1=9 ,4 Vanad 39% Motors— Am Bos.. 15% ... 15% 15 % Chandler .... ... • • • 77,, Chrysler . . 42 .., 4} % 41 % Con M 0... 11% ii % 11% 13, Dodge .... 25% ... 25 ~o*s Peerless .... ... .• • -? % Gabriel , .. ,31 Gen Mo ..157% 156% 10% lag . Hudson ... 04 63 % 6.3 % 6o •::: 21 * ::: .‘: 1% p : Mack ... 98 % 9. . % 98 % 90 % Mar-Par . . . . ... 22 % Moon .... 9% ... 9 % 9% Nash .... 65 % 65 % 6o Is 6a % Packard .. .34% ... 34% 34 % Fi Ar ... 21% ... 21 20% Studeb .. . 51 % 51 % 51 % 51 Stew-War.. 64 ... 64 03% Timken ... 9.3% 91 % 93% 91 Wil-Ov ... 22% 21% 22% 22 Wh Mo . . 55 % ... 55 % 55 % Mining— Am Sm ..148 146% 14S 140% Anaconda.. 47% 46% 47% 46% Ccr De Pas 61 01 61 00% Inspiration. 23 ... 2.3 2.3% Int Nic. .. . 4.3% ... 4.3% 4.3% Kennecott.. 02% 02% 02% 02 ”7 Tx G & S 56% 54% 50 It 54% U S Sm 35 % Oils— Atl Ref ...111% 111% 110% Cal Pet... .30% .",0% .30% .30% Free Texas. 40% 44% 46% 44% Houston ... 86% 86 86% 85% Tn.d Oil ... 29% 29% 29 % .20% Marland Oil 57 56% 56% 57 Mid-Cont P .15% 35% .35% 35 u. P.Am P (B) 64% 63% 63% 0.3 '. Pacific Oil.. 1% ... 1% 1% Phillips Pet 58% 57 7 7 58 58% Union Oil. . 52 % ... 52 % 52 ’ • Pure 0i1... 30% 30 Vs .30% .30 % Koval Dut.. 52 ... 51 % 51 % Shell 31% .. 30% 30 7 s'nr-lair . . . 21 % . - !1 21 % Sk-lly .... 30% 36% 36% 37 S Oil of Cal 58% .. . 58% 58 ' "Od'XJ. 3,3% .38% 38% 38 7 Com.. 50% 50’., 56% 56-7 T.-.-i.s Petrol 4% ... 4% 4'5 fiiluslr'ls—- .' a Rrniriv ... ... ... 13 AO's Chaim 94*5 ... 94 93>'. AllKl Ch. J4o *5 138 140'.138' • .'>‘•1)1 (A) . . 14% ... J. 1% 14% Amer Can. . 49% 49% 49% 48% Am Woolfn 26 25 % 25% 25% A K&L pfd 51 % Am S Raz.... ... ... 50 * i Pen Leatli. ... ... . . 9% Coco Cola .181 118% 1% ITS Pont Can.. 72 70% 73 70% Certainteed ... ... ... 46% l)av Chetn. ... . • . 27% Dupont ... 179% 178% 179% 177 Fam Play. 112% 111% 112 111% G Asphalt. . 84% 8.3% 84% 8.3 In Comb En 56% 55% 56% 55 % Tnt Paper. 57% 50% 57% 50% Lit Harv. 161 % 16t 101% 159% Leows .. . 59% 58 Vs 59 58% May D Stor 09 % Mont Ward 67% 66Vi 07% 00% Natl Lead ... ... ... 174 Owen Bot.. 79% .. . 79% 7817 Radio 52% 51% 52 51% Rem Type 153 % .. . 103% 154 Real Silk.. 48% ... 48% 48 Sc-ars-Roe.. . 57> 1 , 55 55 % .5417 Untd Drug .165% ... 105 164 II SC 1P.216% 214 216% 214% U S Tnd Al. 8.3%. SI % S3 SO % Woolvorth 127% 120% 127 Vi 126% Utilities— A T and T 150 % 159',4 150% 158% Am Express- . . ... ... 1.32 Am Wtr Wit 67% ... 67% 67%, Br'tlyn Man . . ... ... 67*7 Col G and E 86 ... 86 85% Con Gas .. 99 % ... 99 % 99 % fnterboio .. 47% ... 47 % 46 % No Amer Cos 49% 49 49% 49 Peonies Gs 129 . . 129 128% St G and E. 55% 55 55% 55

Commission Row

PRICES TO RETAILERS FRUITS Apples—Box apples. Jonathans. $2.26: Grimes. $1,754(2.25: Spitzenberg. $2.50: Staymens. $2.75: De'teious. $3.50. Extr / fancy barrel apples—Jonathans. $5: Grimes. $3.75: Greonines. $4.50: Cherry Red Baldwins. $4 50: Virginia Winesaps. $5: Stavmen. $4.25: Delicious. $7: New York Kings. 54.25: Rome Beauty. $4.50. Fancy barrel apples Jonathans. $4: Sta.vmen $4: Rome Beauty. $4: (New York Baldwin. [email protected]; Delicious. $5.50. Basket apples (40-lb. baskets)—Jonathans. $1.85: Staymen Winesaps. $1.50: Delicious. 81.75: baking. $1.50: Wagners., .81.35: New York Baldwins, $1.40: Grimes. sl.so®i 1.75: New York Kings. $1.50. Bananas (Jobbing Price)—s@s%c lb. Cranbeirios~—Jersey Howes, half bb'.. $4. Grapefruit—Extra fancy. s4@s: fancy. 53.25 @3.75. Honey—24-case orate. $4.50 @6 Kumquats—Florida. 20c ot. Lemons—California. $4®4.50. _ Oranges—Florida. $3.501®5.00: California navels, extra fancy. [email protected]: fancy. $4 ®J 6. Pears—Oregon D’Anjours 86 box. Pineapples—Cuba, orate. $5 @5.50. Tangerines-—Florida. [email protected]. Strawberries—Florida. 60c qt. • SEA FOODS Oysters—Ga!.. $2 40 ®) 2.75. VEGETABLES Artichokes —Califorpia $1.25 doz. Beans—Florida green. $8 hamper. Brussels Sprouts—Fancy California. 30c bound. Cabbage—Holland seed. 2c lb.: new Texas. 3c. Cauliflower—Crate. $2.50. Celery—California. $5.50 crate; Florida, 4 (fr. O-doz. crate. S3: B@lo-doz. crate. $2: Mammoth (washed). $1.25 doz.: Jumbo (washed). $1 doz. Celery Cabbage—Box. $2.25 Cucumbers—Hothouse. $2.75 dozen. Eggplant—Florida. $3 per doz. Garlic—California. 12%c lb. Kale—Virginia Brocoli. $2 bbl. Lettuce—lceberg, ert.. 83.5 b: H. G. hothouse, $1.65 15-lb basket: Texas endive. 75c doz. Mangoes—Florida peppers. $8 crate. $2 nek. M ushrooms—Pennsylvania, 51.50 @ 1.75 for 3-lb. basket. Onions—H. <l. veliow, 100 lbs.. $2.75: .Spanish, ert.. $1.85: Indiana white. $2. Oyster Plant —H. G.. 50c dozen. Parsley—ll. G.. 50c per buueh: southern 75c doz. Peas—Mexican telephone. $5.60 crate. I’otatoes —Michigan whites. 150 lbs.. $3.75: Russet Burbanks. 150 lbs.. $4: Red River Oiiios. 120 lbs.. $3.75: Idaho Russets. 100 lbs.. $3.50: Idaho bakers. 00-7 Os. $4: New Texas triumphs. $4 hamper. Radishes —Southern long reds. 30® 35c: hothouse buttons. $1.25. Rhubarb —H G.. 90c. Root vegetables—Turnips. bu.. 51: parsnips, bu.. $lT>O: carrots, bu.. $1.50: new Texas, bu.. $2; Louisiana carrots. 05c doz.; Canadian rutabagas. S3 owt,: If. G. beets, bu.. $1 50: Texas beets. $3.25 bu.; Louiana beets Sse dozen. Shallots—Louisiana. 00@75e dozen. Spinach—Texas. $1.15 bu Sweet potatoes—lndiana Jersey. 52.25 bu.: Nanc.v Hails. $1.50: Indiana mediums $1.50. Tomatoes —Six-basket ert. $6 0 7

Local Wagon Wheat

Local pram elevator* are paying sl-4 (or ft o. 2 red wheat. Other (trades ere purchased on their merits

Wll Unimi .154% 152 Vi 154% 1)3 Shipping;— Am Int Corj) iii> . . . 38*4 Am S & C o Atlantic G. . . . • • •: \ In M M pfd 42 41% 42 41% United Fi t 121% 121 121% 1~1 Foods— Am Sugar. 85% 84% 85 Vi 83 % Am Bt Sug Austin N . ••• 0% Beech N P 59 ... .>9 £,9 % Calif Pkg •• •,,, 0i . Corn Prods. 50% o() o 0! - 46 7 Cuba C pfd 48% 18% 48% 47% Cuba A Sug 20% 20 % -0 n -0% Fleischmann 50% 00% 50 49% Jewel Tea.. 561s . ■ g&l* 51,. Nat Biscuit 99 98 .18 s 97% Punta Ale ... , ... ••= ~ 44% Postum ... 98 Vi • 68 s 7 % Wd Bk (B) Tobaccos— Am Sum ..47 ... ,46% ,46% Am Tob ..122% •• ■ J-~ ■* I~£% Am Tob 8.122 131 w 132 120% Cons Cig. . 84 % 84 84% 84 Gen Cig... 91 ... 90% 53% Liggett ... 91 ••• 9014 !jl * Lorillard .... ... ••• , -9% R J Reyn . . 99 % ... 99 Vs 99% Tb Pd 8 ...108 % ... 108 107 % lUn Cig St „ ... 9J% i Schulte RS47 % ■ . 4, % 47 % LITTLE EXPECTED OF WHEAT TRADE Opens Lower —Corn Down and Oats Weak. Bu United Press CHICAGO. Feb. 23.—Nothing more than a trading affair in the wheat market is looked for by most traders and commission houses until the Me-Nary-Haugen bill is disposed of. Opening prices on the Chicago Board of Trade were V2C to %c lower than the previous close. Liverpool and Buenos Aires were somewhat lower than expected, which caused a bearish feeling at the opening here. Corn opened %c to %c lower than Monday’s close. Surface indications are that the corn market is in a weak position. According to latest available figures, the open interest ! in that market is largest it has been I In a long time and best cash authorj ities continue to complain of a poor j shipping demand. I Oats were unchanged to Vic lower | than the previous close, j Provisions opened lower. Chicago Grain Table Feb. 23WHEAT— Prev. High. Low. 11:00. close. Me v I ..39 % 1.391s ’.39% 1.40% Jul v 1.33% 1.32% 1.33 1.33 *4 .Sept 1.31 1.30 Vi 131 1.31% CORN—- ! Mav 78 .76% .77 .78% July 82% .81 % .81% .82% Sept 85% .84% .84% .85 Vi OATS— Mav 45% .441.; .44% .4517 Julv 45% .44% .45 % .46 1 Sept;. 44% .44 .44 Vi .44-% Msy lE_ ’.. . .1.06 Vi 1.05% 1.05% 1.06% Julv 1.0.3% 1.03 V* 1.03 % 1.04 LARD— I Mrr 12.20 12.17 12.20 21.27 May 12.45 12.40 12.45 12.47 Ji: v 12.65 12.62 12.05 12.67 M* IBS TT 14.40 'CHIC A ua%54K 23.—Carlota: Wheat. 49: eodu. 373: oats. 80: rye, 6.

OIL PRODUCTION LOIRS PRICES Reductions Made in Several Sections of Country. Bu United Press NEW YORK, Feb. 23—Record oil production today brought reductions in crude oil and wholesale gasoline prices in various sections of the country. Crude prices throughout the general mid-continent area were reduced from 15 to 39 cents a barrel by the Carter Oil Company, Standard Oil of New Jersey subsidiary; by Prairie Oil and Gas and Magnolia. Petroleum. Seminole crude was also cut 2S cents a barrel. Announcement from Houston, Texas, reported that Humble Oil and Refining Company reduced crude 15 cents a barrel in north Texas and adjoining districts. Later Sinclair Crude Purchasing Company met the cuts by Carter oil and others. Pittsburgh dispatches showed Pennsylvania crude oil reduced 15 cents a barrel. Ohio Oil Company cut its crude price 20 cents a barrel in Illinois, Princeton, Lima, In- | diana, Plymouth, Wooster and Western Kentucky, i Crude oil production as estimated today by the Oil and Gas Journal for the week ended Feb. 19, increased 16,400 barrels daily over the preceding week, setting anew record at 2,457,042 barrels daily. Crude production in the entire Seminole area of Oklahoma was also at anew peak. On announcement of the cut in crude prices, wholesale gasoline I price 1-eductions were made in north Texas and Chicago markets.

Chinese Elevated to Bishop

On his way homeward from Rome, where he was elevated to the bishopric of the Roman Catholic Church, the Rt. Rev. Simon Tsu of China paid Boston a visit. Bishop Tsu is one of the only four Chinese of that ecclesiastic rank.

THE INDIANAPOLIS TIMES

Hog Receipts Large in All Centers —Lambs Ad* vance Again. —Hog Price Range Feb. Bulk. Top. Receipts ; 10. 12.10 w 12.35 12.35 4,500 17. 12.00(0112.25 12.25 .5.000 18. 11.75(0112.15 12.25 5,50<l 19. 12.00® 12.25 12.40 3,000 21. 11.90 (, (112.25 12.30 6,000 22. 11.6a W 12.10 12.25 0,500 23. 11.50(0111.85 12.00 6,500 Heavy receipts in the main live stock markets and a good run at the Indianapolis stockyards today added , impetus to this week’s decline in hog prices, which went to the lowest J point of this year. Trading was done in general 15 to 25 cents lower than Tuesday. In some cases the rate is now as much as 50 cents, lower than at the close of last week. I The fresh run of porkers numbered I 6,500 and holdovers, 170. The bulk of these sold from $11.50 to $11.85, nothing going above sl2. Steady j prices on the Chicago market were still lower than here. Hog Price Range With offerings divided into three : classes, quotations were: 160-225 1 pounds, $11.,75@12; 225-275 pounds, [email protected]; 275 pounds up, $11.25 @11.50. Pigs were listed at sll @ 11.75, dropping off from the previous | day, and packing sows were steady ( to lower, quoted at [email protected]. The cattle market was strong to higher, receiving 1,400 beeves. Beef steers went at sß<§>lo.so; beef cows, $5.50 @7; low cutters and cutter cows, $3.75@5; bulk stock and feeder steers, $6.75@8. No Change Calf prices were unchanged, selling at sl6 down. Receipts estimated 1,100. Fat lambs made another upward jump, this time of 25 cents. Three decks of fed westerns sold at sl4. Natives went at $13.25 and downward. Desirable ewes sold at prices up to SB. Bulk cull lambs were s6@lo. —Hoes—--90-130 lbs $11.00(211.75 130-160 lbs 11.75 S 12.00 100-200 lbs 11.85(212.00 200-250 lbs 11.50(211.85 250 lbs. up 11.25® 11.50 —tattle— Receipts, 1,400; market strong to higher. Beef steers SB.OO (n 10.50 Bulk stock and feeder steers. 6.75® 8.00 Beef cows 5.50 @ 7.00 Low cutters and cutter cows. 3.75® 5.00 —Calves— Receipts. 1,100: market steady to strong. Best vealers $15.00® 16.00 Heavy calves 0.50® 9.00 -SheepReceipts. 1.000; market higher. Top fat lambs $14.00 Bulk fat lambs 12.25® 14.00 . Bulk cull lambs 6.00 @IO.OO

Other Livestock Bu United Press CHICAGO. Feb. 23.—Cattle Receipts, 8.000; fed steers strong to 25e higher; bulls strong: other classes steady; killing quality fed steers medium to choice; choice heavies very scarce; best yearlings and heavy steers. $12.25; several loads heavies rough and not high conditioned, $11.25® 11.75; bulk fed steers. [email protected]: stock- j ers and feeders, mostly $7.2.)@8.50: best. $9.25; vealers. sll® 12 to packers: outsiders, sl4® 15. Sheep—Receipts. 10.000: market fairly active: fat lambs opening 10 ®lso higher than Tuesday; top to yard traders. $14.25: desirable lambs mostly $13.50@14: heavy lambs. $13.25® 13.7a. mostly; few extreme weights. $12.25® 12.50: choice handyweight clipped lambs held about $12.50; sheep steady: desirable fat ewes. 88® 9: best held higher: fed and shearing lambs firm: good finishers. $12.50® 1,3. Hogs—Receipts. 15.000: market riraggy: light hogs with quality very scarce, 10®l5e lower than Tuesday's average: heavyweights. $11.15® 11.40: meoiumweights. $11.25® 11.05; lightweights. $11.25 @ 11.65: light lights, sll.lo® 11.65: packing sows, slo® 10.60; Slaughter pigs. $10.75® 11.00. Bu United Press CINCINNATI. Feb. 23—Hogs—Receipts. 3.500; holdovers. 1.075: market la @2se lower; 250-350 lbs , sll @ll 85; 200-250 lbs., $11.75® 12.10: 100-200 lbs.. sl2® 12.10: 130-160 lbs.. sl2® 12.25: 00. I. lbs., $9.50®12: packing sows. s9® 10.25. Cattle—Receipts. 450; calves. I 4do: market steady; beef Steers, $7.50® 10.25: light yearling steers and heifers, i $6.50® JO: beef cows. ss® 7: low cutters! and cutter cows, [email protected]: vealers. $10.50@15; heavy calves. $6 @10: bulk ' stock and feeder steers. s6® 7.50. Sheep —Receipts, 250: market, lambs steady, ewes higher: top fat lambs. sl4: bulk fat i lambs. $10.50® 13.75: bulk cull lambs. $5 j @8; bulk fat ewes. [email protected]. Bu Times Xnecial LOUISVILLE. Feb. 23.—Hogs—Receipts. 800: market 25c lower: tope. $11.75. Cattle—Receipts. 100: market steady. Calves —Receipts. 200: market steady; good to choice. $11.50® 13.50: medium to good. $9.50@ 11.50; outs $9.50 down. Sheep— j Receipts. 50: market steady; top lambs. sll @l2; seconds. $7.50@9; sheep. ss@ i 5.50, Bu United Press piAST BUFFALO. Feb. 23.—Hogs ReleipL. 500: holdovers, 471 ; market strong, 1 10c higher: 250 to 350 lbs., $11.75® , 12.35: 200 to 250 lbs . $12.25® 12.75: [ 160 to 200 lbs.. $12.50® 12 85: 130 to 100 lbs., $12.05® 13; 90 to 1.30 lbs..; $12.75® 13.00; packing sows, $10.50 ei 11. Cattle—Receipts. 200: calves. | -100; market strong: vealers. sl7. Sheep —Receipts, 000: fat lambs 25c higher: j top fat lambs, $11.20® 14.25; bulk fat, lambs. 511.50® 12; bulk cull lambs, $6.50 ' '</ 8.60. Bil United Press * PITTSBURGH.! Feb. 23. Hogs—Receipts. 1,500; market steady to 25e lower: 250-350 lbs . $11.75*1/ 12.15: 200 250 lbs.. ; 812.15® 12.35; 160-200 lbs.. $12.35® . 12.70: 1.10-160 lbs.. $12.60® 12.75: 90 130 lbs . $12.60@ 12.75: packing sows. slo® . 10.75. Cattle—Receipts. 205; calves 100: j market steady: beef steers. [email protected]: vealers. $16@17. Sheet>—Receipts. 500: market active, slightly higher; top fat lambs. $14.25. Bn United Press ‘ TOLEDO. Feb. 23.—Hogs—Receipts. 000; market 10® 15c lower: heavies. sll @11.25; medium. sll 50® 11.75: Yorker*. sl2@ 12.75; good pigs. 512.25® 12.76. Calves—Market steady. Sheep and lambs— Market steady. '

In the Cotton Market

By Thomson & McKinnon) NKW YORK, Feb. 23.—The easier tone ! to the Liverpool market for the past two or three days was only a breathing spell. J Manchester is doing’ the business again and | their future market shows it. New* outlie number of notices will follow later. In | the meanwhile buy some cotton immediately after the opening. It is apt to be the low price of the day. BOOTLEG MEAT i PARIS. Feb. 23.—Restaurants In I France were ordered not to offer more than four meat or fish dishes to their patrons when Premier Poincaire set out to save the franc. For some time the establishments have scratched out the remainder of their I lists of meats, but the words are plainly legible and waiters can be persuaded to bootleg anything on the bill of fare, it is said. CITY HONORS NEGRO NILES, Mich*, Feb. 23.—A1l commercial activity here was suspended by a proclamation of the mayor during the funeral of Tom Davis, negro ash man and son of an old-time slave. Davis was so well loved and respected that he was made a member of the white church, where his funeral was held. Many prominent citizens attended the services and six white men were the pallbearers. Crocodile leather in various bright' colors la being tried experimentally in the manufacture of men's shoes.

Pants Warmed in Court

Men, don’t threaten the wife! This picture illustrates what happened to John Caves, of Akron, Ohio, to whom Judge E. E. Zesijrer administered such a pants-warming. Caves threatened to thrash his wife, the ltter testified, and the judge decided twenty lashes should be an excellent corrective. An innocent bystander posed with the judge for this picture.

Indianapolis Stocks

—Feb. 23 —Stocks— Bid. Ask Amer Central Life 500 . . Amer Creosoting Cos pfd...101 JO3 Ad Rumely Cos com 13 14 Ad Rumely Cos pfd 35 38 Belt R R com 06 % V 1 Belt R R Pfd 57 61 Cent Ind Power Cos pfd .... 89 ... Cities Service Cos com % ... Cities St-rvii-e Cos pfd 91 % Citizens Gas Cos com 49% 51% Citizens Gas Cos 100% ... Commonwealth Loan Equitable Securities Cos com 61 ... Indiana Hotel cam 120 ... Indiana Hotel pftl 100 ... Indiana Pipe Line Cos 67 Indianapolis Gas 59 03 Itidpls & Northwestern pfd.. 50 Indianapolis St Ry 39% 4 3 interstate P Ser or lien pfd 90% 100 Merchants Pub Util Cos pfd.loo ... Progress Laundry com .... 22% ... Pub Sav Ins Cos 18, Rauh Fertilizer pfd 48% ... Rial Silk Hosiery I'fd ! 8 Standard Oil Cos Ind- 70% T H 1 A E com 3 T H 1 A E pfd 24 T H T A L Cos pfd 88% Unton Trae ot ind com 1 Union Trae of ind Ist pfd ... JO Union Trae ot Ind 2nd Dfd. ... 2 Cnion Title Cos com $$ Van Camp Pack Cos pfd.,.. 6 ... Van Camp Prod Ist pfd ... 91 87% Van Camp Prod 2nd 95 Wabash Ry Cos com 03 ... Wabash Ry Cos pfd 89 ... —flank Stork*— Aetna Trust and Sav Cos.. .. J. 15 ... Bankers Trust Cos 132 ... City Trust Cos 140 Continental National 116 ... Farmers Trust Cos 240 ... Fidelity Trust Cos 163 ... Fletcher American 170 ... Fletcher Sav and Tru® Cos. .360 . . Indiana National Bank ... 369 372 Indiana Trust Cos 330 .50 Livestock Ex Bank 103 ... Marion County Bank 19.> ... Merchants Nai Bank 325 ... Peoples State Bank 186 ... Security Trust Cos 275 . . StaGi Savings and Trust ... 84 94 Union Trust Company ....410 ... Wash Bank and Trust G 0... 168 ... —Bonds— Belt R R and Stockyards 4s 90% ... Broad Ripple 5s 79% .... Central Indiana Gas 65.... 98 ... Cent Ind Power Cos 0s 105 ... Cent Ind Power Cos 7s 166.. Citizens Gas Cos 5s 102% . . Citizens St R R 5s 8 v % 86 Home T and T of W 0s 103 104 Indiana Coke and Gas os.. 102% ... Indiana Hotel 5s 98 % ... Indiara Northern 5s 2 ... ind Ilv and Lt 5s 95 Ind Service Corn 55....... 92% ... Ind Union Trae 5a 4 ... Indpls Col ASo 6s 98 % 100% Indpls Gas Cos as 99 % 101 Indpls Lt and Ht 6s 101% 102 Indpls 7 * Martinsville 5s . r 73 74 Indpls Northern .">•• 32% 28% Indpls % Northwestern 55.. 73 71 Indpls A S. E 5s 3 Indpls Shelby &8 E ss. ... 2 ... Indpls St Ry Is 04 00% Jndpls Trae and Term 55... 95 90 indpls Union R.v ss. ......101 ... indpls Water Wks Sec C0..100 ... Indpls Water 5%s 1n,3% . . . Indpls Water t %s 04% 90 interstate Public Servos.. 102 ... Jnterstate Pub S Bs 0%5...10.3% ... T H 1 A E 5s 80 T H T and Lt 5s 93 Union Trae of Ind 0 19 20 —L'berlv Bond*— 1® .I%* 101.40 101.00 Ist 4% s 103.30 103.50 36 4%s 100.60 100.80 3d 4% s 101.20 101.50 4th Gin 103.80 104.00 U S Tr 4% 1 10.90 111.00 IT S Tr 4s 106.60 106.70 U S Tr 3% s 103.86 101.00

Banker Away From Job Just Plays

•' d>. J -J m. r *-

Now and then bankers leave (heir money bars and go out to play. Here is Jules S. Bache, New York banker and society man, on the sands at Palm Beach, Fla.

HOLIDAY COMES AS BLESSING TO STOOKEXCHANGE Many Traders Need Time to Reflect Upon Events on Market. By Elmer C. M'aUcr Maunder l T nitrd Pres* Financial Servi^ NEW YORK. Feb. 23. — I The holiday interim in Wall Street came at a fortunate time for m£ny traders, who needed a few spare moments to reflect over the break in the market on the previous day. Many a trader ruefully gazed over his sales of rail shares at severe losses while a horde of others tveie equally appalled by the high prices they had paid for shares when the marker turned about after dropping to the depths following the dismissal of the Los Angeles Railroad valuation case by the Supreme Court. Too Hasty Pondering over' the case today, traders were aware that their decisions to sell had been too hasty. Even though the case, which had been heralded as a test, has been lost, each road still maintains the right to bring its own valuation up to the court for individual appraisal. However, the abrupt drop of the ► market was a danger signal. It showed the weak technical condition of the railroad group which has j soared to new high levels In the last 1 few weeks. A drop was due, though ; it might not have come for a week -or more. That it had been expected was sounded-out in the brokers letters which advised caution in pur< I chases and sales on recessions. Lower Auto Sales Incidentally the market today faces a stronger technical underpinning : with most of the rail shares down several points. Brokers loans are j down another 2.000.000 bringing the total reduction since Jan. 5 to nearly 1 3100,000,000. This would indicate that shares are strongly held and make for a market strength, j Offsetting this Is a factor which ! was overlooked in the melee om Mon--1 day, namely automobile sales for January. These were down sharply from a. year ago at 234,130, against 272,922 in 1925. Motor shares of late have been under pressure. In the first place price cuts were a strong factor, earnings of some companion declined, an 1 business showed a falling ofT. I A large short interest is being ! build up in the motors and in other sections of the list utid bears can be i relied upon to take advantage of the | first piece of information which would cause a reaction in values With the debacle of Monday trading may quiet down with the public remaining aioog to find out in which direction the wind is blowing. Again professionals may take a strong hand and bring added activity.

SMART APPAREL On Easy Terms PURITAN CLOTHING STORES 131 W. Washington St.

I ZwTji/VV CLOTHING Brownings, I WFw\mW 118 East Wash - Ington Street

VOSE PIANOS CHRISTENA-TEAGUE PIANO CO. W 31. Penn. Sft,

Facts! Facts!

Our Washington Information Bureau has on Its shelves a supply of each one of the bulletins which The Daily Times nas offered to its readers during the past year. Below is a list. Check the ones you wish. HU out the coupon below and mail as directed. Enclose the proper amount In postago stamps. Single bulletins, 5 cents; four or more bulletins. 4 cents each; 25 or more, 3 cents each; the whole fifty bulletins, $1.50. WASHINGTON BUREAU, THE INDIANAPOLIS TIMES, 1322 New York Avenue, Washington, D. C. Enclosed find cents, for bnlletin3 marked X on this list. NAME ~....,.* •••• ADDRES3 OITY STATE...

ORIGIN OF ETIQUETTE— Interesting facts about ths 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 mak* 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 Span-lsh-American. LAMP SHADES AND HOW TO MAKE THEM—A bulletin of instructions, plainly written, for those wha 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 the woman about to become a mother. MOVIE STARS—A list of the luminous lights of Hollywood with facts about their birth dates, careers on the screen, personal description end marital status. CARE OF FOOD IN THE HOME—Useful hints and suggestions for the proper preservation ot foodstuffs. GOOD PROPORTIONS IN THE DIET—How to serve well-balanced meals. , HOME-MADE PERFUMES AND COSMETICS—FormuIas and directions for making pure home-made beauty preparations. SEEING WASHINGTON—A condensed travel guide for the tourist v*ho wishes to visit the capital of tho ration; interesting facts about public buildings ind places. INDIAN NAMES AND THEIR MEANrNGS—Drawn from government sources and historically accurate. COLUMBUS TO COOLIDGE—An outline of American hiitory giving tho high spots in the nation’s life. BASEBALL AND FISTIC STARS OF TODAY—Brief biographical facts about the outstanding figures la these branches of thb sport world. HOME CONVENIENCES—Directions for building and Installing a number of labor saving devices la th* home. . * DOUGHNUTS AND CRULLERS-A cookery bulletin of receipts for these dainties. DREAMS AND THEIR MEANING—A compilation show*, ing the most popular meanings ascribed to varioua 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 aocidents from gas, electricity and poisons used in thn home. BIOGRAPHIES OF THE PRESIDENTS—The facts In th# lives of all the Presidents of the U. S. HISTORIC WORDS— Phrases that you use daily and wonder who first used them. ArPLES AND APPLE DISHES—Forty way# of using apples in delicious dishes. CHRISTMAS CUSTOMS—The origins of all the custom# of Christmas time. HOW TO INCREASE THE WEIGHT—Simple rules for putting on flesh. HOROSCOPES FOR THE YEAR—What the astrologer* predict for persons bom on different dates. VALUES OF OLD COlNS— Listing practically every U. S. coin of value to collectors. FIFTY WAYS TO COOK POTATOES AND EGGS—A bulletin of recipes for preparing theee nourishing foods in many attractive ways. PALMISTRY —The standard rules for reading the line* of the hands to tell fortunes. FACT \ND 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 pi# and pastry order. THE ESSENTIALS OF PARLIAMENTARY LAW—ful alike to the man or woman in club, lodge, convention or meeting. OLD-FASHIONED DANCES— Simple directions for danciug the old-fashioned dances. AUTOMOBILE PAINTIN'O—A bulletin listing tn# materials needed and giving full directions for reflnishing the family car. FOREIGN DISHES—An Interesting compilation of odd Gishes drawn from foreign sources. DESSERTS —A helpful bulletin for the housewife who 1# ‘’stumped’’ on what dessert to have. Full direction# and recipes. HOMEMADE 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 avemg# bridge player who wishes to improve his game. AROUND THE U. S. COOK BOOK—Recipes drawn from every section of the United State# 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# prope* thing for every occasion. FROZEN DESSERTS —Delicacies from the freezer and the ice box and how to make them. OUTDOOR GAMES—Suggestion# and directions for games to be played by groups on outdoor parties. TRAVEL ETIQUETTE—The proper thing 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 th# 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— HeIps and suggestions for the writ* Ing of letters of tJI kinJs. WIT AND HUMOR—Jokes and toast# that ar# famou#. \

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