Indianapolis Times, Volume 38, Number 296, Indianapolis, Marion County, 18 March 1927 — Page 27

MARCH 18,1927

PORKERS STILL SHOW LOWER TENDENCY

BUOYANT TONE IN MAIN ISSUES ON STOCKJEXCHANGE American Tobacco, Allied Chemical, Steel, Baldwin at Front.

Average Stock Prices

Average of twenty industrials Thursday was 161.78. up .17. Average of twenty rails was 128.07. up .01. Average of forty bonds was 96.81, up .12. Bu United Press - NEW YORK, March 18. —Federal bank reports as of March 16, showed some slight shading of reserve ratios due to March 16 requirements. However, the statements clearly demonstrated why bonds and investment stocks have been continuously strong by setting forth another increase of $11,000,000 in gold holdings, bringing this item to $3,023,741,000, anew high since 1924. . This steady broadening of the I country’s credit base, together with * reports of expanding operations in the steel industry and increasing employment in the automobile trade kept the main body of stocks buoyant in the early dealings. American Tobacco moved up 12 to 12G% on its 1926 report, showing a balance of $9.90 on the combined common an B shares against $9.77 in 1925. Increased Capital Allied Chemical, whose 1926 balance sheet showed an increase in working capital to $134,000,000 from $118,000,000 in the previous year, moved up nearly a point to 142%, while Steel, Baldwin and pther industrial leaders were in demand at the close at the best levels of the movement. Conisderable unsettlement was created in hte late morning by bad breaks in special stocks. Warner Pictures broke 2% points to %, American Brown Boveri 4 points to 31%. , Reaction These weak spots, together with active I profit-taking 'in industrial leaders, caused the main body of stocks to turn reactionary. However, the overflow of investment funds into standard shares increased and prices of this group held up. Buying of Atchison, Baldwin, General Motors and Steel was particularly intensive and the support which these shares received effectively discouraged bearish operations.

Banks and Exchange

—March 18— INDIANAPOLIS STATEMENT Local bank clearings were $3,812,000: debits, $8,138,000. NEW YOKK STATEMENT B NEW**YO £k C *March 18.—Clearings, sl,264.000,000; balances, $179,000,000. FOREIGN EXCHANGE Bn United Press . NEW YORK. March exchange opened steady. Demand sterling. $4.80 1-16; fra ICS, 3.91 c: lire, 4.59 Vic; belga, 13.89%<; marks, 23.72%c. NO PANIC FROM STRIKE Suspension of Coal Mining Will Interrupt Manufacturing. Bu Times Special NEW YORK, March 18.—The expi : ration of the soft coal working agreement with the possibility that we may see a suspension of mining on April 1, will not seriously affect manufacturing, The Brookmire Economic Service, Inc., states in an analysis of fundamental conditions. Considerable stocks of coal have been amassed in consuming centers and the last strike proved that non-union fields can supply a large percentage of demand. there will be no buying such as would usually arise from a projected strike. EMPLOYMENT INCREASES Pay Rolls Also Show Good Advance in February Over JanuaryBn Times Special NEW YORK, March 18-—The Journal of Commerce this morning quotes the Department of Labor to the effect that February employment in the manufacturing industries increased 1.8 per cent over January. At the same time pay rolls increased 6.1 per cent, both more than wiping out January’s- decreases. The greatest gain in employment, 7.5 per cent, was recorded by the tobacco industry, while the motor industry showed the greatest pay roll increase, 20.7 per cent.

Produce Markets

Butter (wholesale price)—Creamery best grade, a pound. 50® 53c. Butterfat —Local dealers pay 60® 51c a pound. Eggs—Strictly fresh delivered at Indianapolis, 21® 32c. Poultry (buying prices) —Hens large breed. 22@24c: Leghorns, 20® 22c: roosters and Leghorn stags. 14® 15c: staggy young springs. 16® 17c: soft meated springs. 10® 20c: Leghorn sprints, 15 (is 16c: ducts. 17®20c; geese. 11® 12c: tur* keys, young toms. 30 , ®3?c: old toms. 25c: hens, 30@32e: guineas. 35c. ISii United Press CHICAGO. March 18.—Butter—Receipts, 6..103; creameiy. 45%®45%c: standards, 4He: firsts, 45®45Ue: seconds. 44%® 44 %c: extras. 46c. Eggs—Beeeipts. 16.909: ordinaries. 23c; firsts. 24® 2414 c: .second*. 3>4c; extras. 2614 o. Cheese— Twins. 22% c; Americas. 23%c. Poultry —Receipts. 3 cars: fowls, heavy, 33c: small, 26c: springs, 31c: ducks, heavy, 32c: geese, 18c: Turks. No. 1. 30e: roosters, 19c. Po.atoes—Arrivals. 91 cars: ori track. 272: in transit, 731: Wisconsin sacked round whites. sl.Bo® 1.95. mostly $1.85® 1.90; Idaho sacked russets. $2.65® 2.85. mostly [email protected]. Sweet potatoes —sl.9o® 2. DEMPSEY’S KIN HURT Bu United Press LOS ANQELES, Cab. March 18.— While peeling an orange, Mrs. John Dempsey, sister-in-law of the former heavyweight boxing champion, slipped and fell on a knife, sustaining a painful wound in the chest, police reported today. Physicians said the wound would not prove serioui

New York Stocks

—March 18— _ Railroads— Prev. High.' Low. 1:00. close. Atchison ..176 Vi 173% 174 % 175 % Ati Cst L. .187 ... 87 188 B& O ... 113% ... 11 J% 113% Carnal Pac 185% , IgjjVi 185% C* O ... 158 157% jgg 157% C& NW 82 % ... 82 % 82 % CR I & PB6 % ... 86 % 86% Del & Hud 186 ... }Bo% 180% Del & Lack 159% ... 157% 157% Erie 44% 4J% r'kit t'J $ Gt ie Nor‘ pfd 87Vv M jt* Kc'south! 52% '50% iiv, 50% *38% |% If Mo Pac pf 102% ... 102 10;.% NY Y nVI * 'll 51$ 50 51 frtfltiß’’ o* .as. .f IA av.-.-Jg i06% i| 4 J* So R pS 114% ii3 113% 113 c* Pant 14 . • • 14 Pm* 21 * , 2 ’ sis ft LA IV 1i.3% 113 113% Union Pac 169 ... IJtffr Wabash ... 71% <l% JXil nl Wabash pfand 94 Rubbers— M Jf% if% M Goodrich ..56 ... 54% .2-. 2 Goodyr pfd .. ••• •fati 18 % 111 ::: M eVI Equipments— A C and V 104% }03% 104% 103% Amer Loco 113 111% 11*'? J Am Stl Fdy 45% Bald Loco .195% 193% i”g . Gen Elec.. 86% 85% 86 £ 80% Lima ...... 70 ... 77 1 t 4414 N Y Airhrk 44% f*, ? *714 Pr Stl Car. 57% 57% 57% Pullman ..180 179% l-n j{§4 Rail Sig -.112% ••• 111 3 LSSS West A B .155% ... 1 2t' x 7 4% West Elec. 70% 73% '* Bethlehem.. 50 % ... -C A 50 Colo Fu... 59% ... 58 h 5.t • Crucible. 91 % •• • 91 4 Gu St Stl. . . . ■■ ■ ■■ ■ VT Vo Ph RC & I 44% 44 44 44% Ren Stl 73% .• ■ " 3 % Un S St f *Stl *.164% i63Vj ig4 163% Alloy 26% 28% 26% Vanadium .45 % ... 45 /s 4o % Motors — Am Bos 15% ... I%s in*/ SrE.-.v || fe! iz ih 2 S t* g* Gahripl . . ... • • • oU Gen Mo . . 180% 178% 178% l|B Hudson ... 71% 70% 70%* 70% Hnnn 22 % 22 22 % 21 % joXt ::: 20% 20% sog go Mack 106% 105% 105% 196% Mar-Par... .. 21% Moon .... 8% ... |% 8/2 Nash 66 ... 65% 80% Packard .. 36% 36 36% 36% Pi Arrow.. 20% 19% 20 ~0 4 Studeb ... 50 % ... 49% 50% Stew-War.. 58 og% Timken .. 88 86% 87 88 Wil-Ov ... 23% 22 22% 23% Wh M 0... 51 ... 60% 50% Mining— Am Sm ..149 147% 1 148% Anaconda ..46% 46 46 % 46% Cer De Pas. 62% 62% 62% 02% Inspiration. 19% 19% 19 % 19% Int Nic. . . 41 40% 40% 41% Kennecott.. 63 62% 63 62% Tex G & Su 60% 5060% 59 U 3 Sm... 37% 37% 37% 31 Oils— At! Ref .. .111% 110% 111% 111% Cal Pet 28% ... 28% 28% Free Tex... 54 % 61 53 47 Houston ..119% 117% 118 120% Ind 0i1... 26 ... 25% 26% Marland O. 5::% 61% 51% 62% Mld-Cont P 35% ... 35% 36 Superior 0... ... ... 4% P-A P (B) 62% 61% 62% 62% Pacific Oil 1 % ... 1 % 1 % Phillips Pet 52 51% 51% 61% Union Oil.. 45% 45% 45% 49% Pure Oil.. 29% 29% 29% 29% Royal Dut. 50 % ... 60 % 50 % Shell 29% ... 29% 29% Sinclair ... 18% 18% 18% 18% Skeily ... 32 ... 31 % 31 % S Oil of C.. 56% .. . 56% 66% S O of N J 37% 37% 35% 37% Tex Com... 48% ... 48 % 48 % Trans Pet.. 4% ... 4% 4% Industrials— Ad Rumely ... ... ... 14% Allis (Thai. 95 ... 96 95 Allied Ch.. 142% 141% 142 141% Arm (A).. 12% 12% 12% 12% Amer Can. 47% 46% 47% 47% Am Wool. 20% 19 19% 19% A H&L pfd 61 Am S Raz.. 56 54 56% 63% Cen Leath ... ... ... 0 % Coco Cola . 192% Cont Can,. 03% 63% 63% 63% Certainteed . .. ... ... 47% Dav Chem. 28% 28% 28% 29 Dupont .. 211% 210 211% 209% Fam Play 112% 111% 111% 111% G Asphalt. 89% ... 88% 89% In Comb En 56% 55% 56 55% Int Paper. 58% ... 56% 67% lut Harv.. 161% ... 160 161% Leows ... 63 % 63 63 63 % May D Stor 70% ... 70 70% Mont Ward 67% ... 66% 66% Natl Lead 198 ... 104% 197% Owen Bot ... ... ... 82 % Radio .... 53 ... 52 53% Real Silk.. 44% ... 44% 45 Searg-Roe... 65% ... 54% 54% Cntd Drug 168% ... 168% 168 US C r l P .219% ... 219% 220 U 8 Ind Ale 78 % ... 76 % 78 Woolworth 127% ... 127% 127

Indianapolis Stocks

—March 18— —Stock*— Bid Ask Amer Central Life 600 ... Amer Creosoting Cos pfd.,,101 104 Ad Rumely Cos con) 14 14% Ad Rumely Cos pfd 38% 37 Belt R R com 68% 71 Belt R R pid 58 ... Cent Ind power Cos pfd ... 89 92 Cities Sendee Cos com .... 53 ... Cities Service Cos pfd 89% ... Citizens Gas Cos com 51 ... Citizens Gas Cos pfd 106 ... Commonwealth Loan Cos pfd 99 Kdii’tahle Securities Cos com 61 ..■ Hook Drug Cos com 28 % .. •• Indiana Hotel com 120 ... Indiana Hotel pfd 100 ... Indiana Pipe Lino Cos 65 . ... Indiatiapolts Gas 59 ... Indpls & Northwestern pfd.. 50 ... Indianapolis St Ry 39 40 Interstate P Ser pr lien pfd 09% ... Merchants Pub Util Cos pid.loo ... Progress Laundry com .... 22 % Pub Sav ins Cos 16 ... Rauh Fertilizer pfd 48% Real Silk Hosiery pfd 100 Standard Oil Cos 1nd..~.... 67% ... T H I & E com 2 T H I & E pfd 31 i H X 4 L Cos pfd 89 ... Union Trac- ol Ind com 1 Union Trac of ind Ist pfd .... 10 Union Trac of Ind 2nd old.. 2 Union Title Cos com 80 ... Van Camp Pack Cos pid.... 16 Van Camp Prod Ist pfd. ... 90 97 Van Camp Prod 2nd 96 Wabash Ry com 70% ... Wabash Ry Cos pfd 93% ... •Ex-dividend. —Bank Storks— Aetna Trust and Sav C 0... .115 .... Bankers Trust Cos 132 City Trust Cos 140 Continental National 116 ... Farmers Trust Cos 240 ... Fidelity Trust Cos 162 .... Fletcher American 170 ... Fletcher Sav and Trust Cos. .260 Indiana National Bank ...288 270 Indiana Trust Cos ........230 250 Livestock Ex Bank 163 ... Marion County Bank 210 ... Merchants Nar Bank 326 ... Peoples State Bank 186 ... Security Trust Cos 275 State Savings and Trust ... 86 95 Union Trust Company ....410 ... Wash Bank and Trust C0..J58 —Bonds— Belt R R and Stockyards 4* 90 ... Broad Ripple 5s 79 % ... Central Indiana Gas 65.... 98 ... Cent Ind Power Cos 6s ... .100 :.. Citizens Gas Cos 5s 102% Citizens St R R 5s 85 86 Home T and T of W 6s 103 104 Indiana Coke, and Gas 65.. 102% Indiana Hotel 5s 98% ... Indiana Northern 8s 3 iSjTpPEnV::::-;: 8* ::: Ind union Trac 5s ; 3 ... Tndpls Col & So 6s 98 100% Indpls Gas Cos 5s 99% 100% Indpls Lt and Ht 6s 101% 102 Indpis & Martinsville 5s ..74% . . Indpls Northern 5s 23 25 IndpU & Northwestern 5a.. 74% ... ratfheWS-Efc:::: I ::: lildpls St Ry 4s • 63% 66 Indpls Trac and Term 65... 95 96 ' Indpls Water 5 % s 103 % Indpls Water 4%s 94% 93 Interstate Pub S Bs 6%5..102 Interstate Pub S Bs 6%g..i04 Unipp Trac of Ind 65..... 19 20% —Liberty Bonds- — Ist 3%s 101.30 101.40 Ist 4% ? s 103.50 103.80 2d 4Us 100.50 100.80 3d 4Us 101.10 101.40 4th 4Us 104.20 104.40 U S Tr 4Us 114.30 114.60 U S Tr 3%V 108.70 109.00 U S Tr 3%s .....106.10 106.40 —Sales—s2,ooo Indpls. Trac and Term 55.. 95

Utilities — A T and T 104% ... I<U% 185% is!rsi • •* M ::: ||f ffs Cons Gas . 99 % <. • • 98% 88% No e Am O Co 48% *48% *48% 48% Wco Gas ** ::: & * St G and E 56% ... 56% 50% Wn Union 154% Shipping— Am In Cor ... ... :l T Am SAC 4% ... 4% 4? In M M pfd 41% ... 41% 41 United Foods —’ c .. u .. Am Sugar. 83 ... 8J 83 Am Bt Sug ... ... • ■ ■ “rs/ Austin N.. 6 ... 6 5% Cal Pkg ... -ii.. Corn iTod 52% ... J: Cuba C pfd 42% ... 42% 43 Cuba Am Sg 34 % ... 34 % 34 Fleischtnann 50% ... i>o% US's Tewel Tea ... ... -• • 50 Nat Bisc .106% ... 106% 107 Pun Ale. . 40 % ... 40 % 40 % Postum ... ... o% 95 . Wd Bk B. 25 22% 23 25% Tobaccos — Am Sum. . 51 .. • 51 50% Am Tob . .127 126% 127 126% Am Tob 8.127% 126% 125 126 g°eS 8 54% ::: *si% IU Liggett ... 96% 96% 96% 96% R° J * hii H ioo% iio 110% Tob Pro B .108% ... 107% 108% UnCigSt.. 82% ... 82% 94 Schulte R S 49 48 48 48% UNEVEN DROP IN WHEATEXPEGTED Bearish Sentiment Unchanged at Chicago. Bu United, Press CHICAGO, March IS.—The fact that May wheat prices are down to within %c of the lowest of the season failed to change bearish sentiment on the Chicago Board of Trade and the trade is disposed to look for an Irregular decline. Opening quotations were hi to Vac lower than yesterday’s close. Corn opened &C lower than the previous close. The light receipts have been the mein bullish influence in holding prices and may continue to do so. Oats are without feature or Interest and continue to follow other grains. Opening prices were unchanged to Ys, c lower than previously. Provisions opend steady. Chicago Grain Table —March 18— WHEAT Prey. High. Low. 11:00. doge. May 1.36% 1.35% 1.35% 1.36% July 1.31 1.30% 1.30% 1.31 Sept 1.28% 1.28 1.88% 1.28% CORN— May -76% .75% .76% .76% July 80% .80 .80% .80% Sept .84% .83% .83% .84% OATS— May 45% .44% .45 .45% July 45% .46% .46% .45% MayiT....1.07% 1.02% 1.03% 1.02% July 1.00% 1.00% 1.01 LARD— May 12.42 14.37 12.37 12.40 July 1.... 12.62 12.60 12.62 Bu Times Special _ CHICAGO, March 18.—CarloU: Wheat. 20; com. 84: ot, 83: rye. 1.

In the Cotton Market

(By Thomson It McKinnon) NEW YOR£. March 18.—It was a great pleasure to -watch the upward awing of the cotton market in January and February: doubly so became we had done our part in interesting the investing public. The result was flattering. For the last ten day* I have had to show you the other lide of the picture. I see nothing that ooks like new buying. A great wave of iq nidation would not surprise me.

Peppermint Oil

(By Thomson & McKinnon) NEW YORK. March 18. Peppermint oil—Natural. $4.1004.20: U. S. P„ $4.40 @4.50.

Commission Row

PRICES TO RKTAILKBS FRUITS Apples—Box Apples—Spitrenberg, $2.50 @2.70: Grimes. $2.26: Wlnessps. $2.75; Staymens. $2.75: Delicious. $3!50 0 3.75. Extra fancy barrels—Grimes, $4; Rhode Island Greenings. $4.50; Cherry Red Baldwins. $3.75: Rome Beauties, $4-60; Ben Drvis. $4 50: Virginia Wlnesaps. $5: Delicious. $7; New York Kings. $4.60: New York Baldwins. $404.25; York Imperials. 54. Fancy barrels—lndiana Jonathans. $4: Indiana Staymens. $3.75: Wlnesaps. $4: Baldwins $3.75: Rome Beauties. $3.7504: New York Baldwins. $3.50; Delicious, $5.50. Basket apples (40-lb. lots)—Jonathans. $1.75: Grimes. $1.60: Staymen Wlnesaps, $1.50: Delicious, $1.75: Baking. $1.60: Wagnerg, $1.35: New York Greenings. $1.50: New York Kings. $1.50: Baldwins. $1.25 01.50. Bananas (joblng price)—3% 06c lb. Cranberries—Jersey Howes, half bbl., $4.00. Grapefruit—Extra fancy. $4.50 05: fancy. $3.50 04. Lemons—California, $4.6005. Oranges—Florida. [email protected]: California navels, extra fancy. $4.50 0 5.75; fancy. $4 0 5.50. Strawberries—Florida, 40046 c Qt.; $4.25, 24-pt. case. - VEGETABLES Artichokes—California. $1.60 dol. Asparagus—Geurjia, $1 bunch. Beans—Florida green, $6 hamper. Brussels Sprouts—Fancy California. 30c pound. Cabbage—Holland seed. 2%c lb.: new Texas. 3%c. Cauliflower—Crate, $2.50. Celery—Florida. 4@6-doz. crate. $3.75; 8 010-aoz. crate. $3.“50; Mammoth (washed). $101.25 doz. Cucumbers—Hothouse, $2.75 dozen. Eggplant—Florida. $8 per doz. Epdive—Louisiana. $3 bbl. Garlic—California. 12 %c lb. . Kale—Virginia Brocoli, $2 bbl. Lettuce—lcebery, crt.. $3.50, H. G. hothouse SU6S 15-lb. basket. Mangoes—Florida peppers, $5.60 crate; $1.50 peck. Mushrooms—Pennsylvania. $1.5001.75 for 3-Ib. basket. Onions—H. G. yellow, 100 lbs.. $3.75: Spanish crt.. $1.86: Indiana white $2. Onion Sets—Red and yellow. 2 bu.. $5: white. 2 bu.. $7.50: Texas Bermuda plants. 6.000-crate, $5.60. Oyster Plant—H. G.. 60c dozen. Parsley—H. G.. 60 c, per bunch: southern 75c doz. Pea*—Mexican telephone. $6 crate. Potatoes —Michigan whites. 160 lbs.. $3.85 Russet burbanks, 160 lbs.. $4.25: Red River Ohios, 120 lbs.. $3.50; Idaho Russets. 100 lbs.. $3.75; Idaho bakers. 6070s, $4: New Texas triumphs. $4 hamper. fSeed tfctatoej—Maine cobblers. 150 lbs.. 6: Red River Early Ohios. 120 lbs., 3.76: Bliss Triumphs, 150 lbs., 36. Radishes—Southern long reds. 800 3oc: hothouse buttons. $1.25. Rhubarb—H. G. ,65c. Root vegetables—Turnips.. hu.. . |1: parsnips, bu.. #2: carrots! bu.. $1.60: Louisiana carrots. 90c doz.; H. G. beets, bu., $1.50; Texas beets, $2.25 bu.; Louisiana beets, 90c dozen. _ Shallots—Louisiana, 60c dozen. Spinach—Texas. $1.75. Sweet potatoes bu.: Nancy Halls. $1.35: Indiana mediums. 51 -25. Tomatoes—Six-basket crt., $4 06.

Local Wagon Wheat

J'p. V<S.*SBr purchased on their merits <g

THE INDIANAPOLIS TIMES

Porkers Steady to 25 Cents Off Lambs Drop Others Even. —Hog Price Range— March Bulk. Top Receipts. 11. 11.85 ft* 12.25 12.35 4.500 12. 11.85 4212.25 12.35 2.000 14 11.804j12.25 12.30 3.600 15! 11.754ii12.16 121.5 6.000 10. 11.65 (hi 12.35 12.25 4.500 17 11 40 6412.00 12.00 5,000 18. @12.00 12.00 3.500 The lower tendency of hogs, which has been prevalent at the local stockyards for a number of days, was somewhat in evidence today. The market appeared to range from steady to 25 cents lower. Trading with shippers was steady to 10 cents lower on the hundredweight, but packers were talking 15 to 25 oents lower. Receipts estimated 3,500 and 63 were held over from Thursday. The bulk of these sold at $11.35@12, the larger

Whoo-e-e! Swine Have Czar Bu United Press CHICAGO. March 18—The swine Industry is the latest to have a “czar.” The National Administration of the Swine Extension Plan of the National Swine Growers’ Association announced that Robert J. Evans was to be the high commissioner of the hog industry.

figure being the top again today. Chicago, with a comparatively steady market, had $11.65 as its early top. Hog Price Range Some 160-200-pound material went at $11.75 12 and 200-250 pounds RV [email protected]. Little was done oh other weights. Packing sows remained at [email protected]. A steady cattle market received 600 head. Beef steers were worth sß<§>lo; beef cows, low cutters and cutter cows, $3.75® 6.25; bulk stock and feeder steers, $6.75@8. No Change The veal market remained unchanged, the bulk going at $14.50 and best vealers at sls. Eight hundred calves formed the run. The 300 s|eep and lambs arriving were of plain quality, not much being done in this department. In general the trade was off 25 cents. Top fat lambs were quotable at $14.75: bulk fat lambs, $12®14; bulk cull lambs, sß® 11. —Hogg— Reeeiptg. 3,600; market, steady to lower 90-130 lbs sll.ooffai.7s 130-160 lbg r. . 11.50H1 1.85 160-200 lbg 11.65 @12.00 200-260 lbg [email protected] 250 lbg. up 1d.75@ 11.40 —tattle— Reeeiptg, 600; market gtegdy. Beef gteerg [email protected] Bulk gtoeker and feeder gteerg 6.75 m B.no Beef cows 5.50@ 7.60 Low cutters and cutter cowg. 3.750 6.25 —Calves— Receipts, 800: market steady. Best vealers [email protected] Heavy calvea 0.50 @ 9.00 —Sheep—• Receipts, 300; market, lower. Top fat lambs $14.75 quotable Bulk fat lambs 12.00(fi 14.00 Bul kcull lambs 8.00011.00 Other Livestock BW C$kJa < GO /> March 18.—Cattle—Reoeipts. 2,000; most killing classes gtegdy to stronf: bulla slow: vealers steady; few loads fed steers. $9.254i11: latter price top on yearlings: one load 1.460-lb. bullocks. sl2. today's extreme top: gtockers and feeders nominally steady at sß@9; four loads weighty medium bulls. $6.65: vealers. slo@ll to big killers: selected offerings to small killers upward to sl4. Sheep—Receipts. 6.000: market opening fairly active: fat lambs around 15c higher: early bulk wooled' lambt, $14.50® 15.20: choice handyweights held above $15.50; good heavy lambs. $14.25 014.60; choice nandyweight clipbed lambs, $13.75: choice heavy clippers. $13.10: sheep steady; Ist ewes. $8 (,i0: few choice. $9.50; feeding and shearing lambs scarce, steady. Hogs —Receipts. 31,000; early trade generally steady: butchers now 10015 c ofT; heavyweights. $10.50 @11.10; mediumw eights. $lO 7501165: lightweights, fll.lOM 11.80: light lights. sll @11.80: SOWS, $9.76® 10.30; slaughter pigs. sllO 11.80. Bu United Press CINCINNATI. March 18—Hogs—-Re-ceipts, 2,500; holdovers, 2,180: market, unevenly 10c to 25c lower: 250-350 lbs., $1875 S'l 140 1 200-250 lbs.. $11,350 11.75: 160-200 lbg., $11.65 011.90: 130160 lbs.. $11.60011.00: 00-130 lbs., $lO @11.75: packing sows, $900.75. Cattle—Receipts, 900; calves, 600: market, steady; beef steers. $7.50@10; light yearling steers and heifers. $7 010; beef cows, [email protected]: low cutters and cutter s4@s: vealers, $9 014: heavy calves. $6 (B>9; bulk stock and feeder steers, $6 08. Sheep—Receipts. 100: market, steady: top fat lambs. $15.50: bulk fa. lambs, $l2O 16.50: bulk cull lambs, $7 010: bulk fat ewes, $5 08. Bu Times Special LOUISVILLE. March 18.—Hogs Receipts. 800: market unevenly lower: tops. $11.50. Cattle —Receipts, 400; market steady, mostly stock. Calves—--300. market steady: good to ohoee. $10.50 @12.50: medium to 1 good. $8@10: opts. $8 down. Sheep—Receipts, 50: market steady; top lambs. $12013: seconds. $lO @11; sheep. SOO7. Bu United Press EAST BUFFALO. March 18.—Hogs*— Receipts. 3,000: holdovers, 1.230; market, 15c to 25c lower: 250-350 lbs.. $11,250 11.65: 200-260 lbs.. $41.50012.10: 160200 lbs.. $12012.35: 130-160 lbs.. sl2@ 12.35: 90-130 lbs.. $12.10 012.35: packing sows. $lO @10.75. Cattle—Receipts. 200; calves, 1,200; market, steady: calves, 50c lower: vealers. $l5O 15.50. Sheep— Receipts. 2.000; market. 15025 c higher; bulk fat lambs. $15.25015.50; bulk cull lambs, sll @12.75. Bji United Press EAST ST. LOUIS. March 18.—Hogs Receipts. 11,500; market steady; 250-350 lbs.. $10.80011: 200-250 lbs.. $10,850 11.50: 160-200 lbs.. $11.15011.75: 130160 lbs.. $10.75011.75 ; 80-130 lbs.. $10.50 011.50. packing sows, $lO 0 10.40. Cattle—Receipts. 600: market nominal: beef steers. $8.50 @ 10: light yearling steers and heifers, $6.5008.50: beef cows. $5.75 07: low cutters and cutter cows. $4.2505.25; vealers. sl4: heavy calves, $609: bulk stock and fc"der Steers. $6.7509. Sheep—Receipts. 500: market nominally steady: too fat lambs. sls; bulk fat lambs. $14.75015: bulk cull lambs. sllOl2. bulk fat ewes. $8.50 @9.25. 811 United Press PITTSBURGH. March 18.—Hogs—Receipts. 1.000: market, slow. 10q to 25c lower: 250-350 lbs., $11011.50; 200-250 lbs.. $11.50012.15: 160-200 lbs.. $12.16 @12.40; 130-160 lbs.. $12.25012.40: 90130 lbs.. $12.25012.40: -packing sows. $9.75 010.40 Cattle—Receipts. none; calves. 60% market, steady: beef steers, quotable. $9010.50: vealers. $l5OlO. Sheep—Receipts, 400; market. about steady; ton fat lambs. $15.75: bulk fat lambL $15.50: bulk cull lambs. SBOIO. Bu United Press TOLEDO. March 18.—Hogs—Receipts. 500: market 25c lower; top. $10,25 0 10.76; heavies. $10,75 011.25: Yorkers. $11.70012; ?ro odpks. $11.75012. Calves —Receipts, light, market steady. Sheep and lambs —Receipts, light; market slow. S 'cLe’v EL A&D S 'm arch 18.—Hogs Receipts. 1.000: market 10015 c lower; 250350 lbs., $11.25011.50; 200-250 bs„ 11.75 011.90 T 160-200 lbs.. $11,900 12.10: 130-160 lbs.. sl2 @12.10: 90-130 lbs., $12.10: pcklng sows. $10.25010.75. Cattle—Receipts. 100; calves. 100; market steady: beef steprs. $8.75 09.50: light yearling steers and heifers. SBOB.IO. beef cows, $5.75 07; low cutters and cutter cows; s4@L7£>; vealers, $15.50010. Sheep—Receipts. 1,200; market steady; top tat lambs. $15.25: bulk fat lambs. sls @15.25: bulk cull lambs. $11013: bulk fat ewes. $6.5008.50. The lion’s mane and ruff serve to protect Its neck when It Is attacked by enemies.

MOTHER DENIES TRYING i TO ‘GIVE AWAY’ BABY

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Mrs. Rebecca Cole, Brazil, Ind., and iier baby, which juvenile court autliorities charge she tried to “give away” at Traction Terminal Thursday.

With tears dropping on the face of her 3-months-old son, whom juvenile court authorities charge tried to “give away” at the Traction Terminal Thursday, Mrs. Rebecca Cole, 23, today denied the charge at the Theodora Home, 3213 N. Illinois St. “It’s not true. I didn’t want to give away my little darling,” she said passionately, “I’ve gone through hell to keep him ever since he was born. I’ve starved at times for his sake. For nothing in the world would I let any one have him for keeps. I was just trying to find someone to keep him until I could get some money. Held at Station Mrs. Cole was arrested with Mrs. A. Gifford, Brazil, at the station by Charles Downey, juvenile court investigator. She said she only knew Mrs. Gifford slightly and had come to the city on the train with her from Crawfordsville Wednesday. “Someone got me wrong about this,” Mrs. Cole continued. “I’ve had a terrible time. You see I was living In Brazil. The woman I lived with wasn't a very nice woman, hut it was the only shelter I had. The police arrested her and took me along before the Judge. He set our trial for later. I knew what that meant—that they would take my

STOCK ADVANCE LASTS DURING MOST OF DAY Little Happens to Mar Bullish Side of Market —Rumors Bring A. T. & T. Issue Into Prominence.

By Elmer C. Walzer Manager United Press Financial Service NEW YORK, March 18.—There was little to mar the bullish side of the stock market Thursday. Stopks advanced nearly all day, some selling which occurred late in the day being purely profit-taking at the peak levels. United States Steel, General Motors, National Lead and Dupont scored new high records, and other high-priced shares shot ahead several points. Early in the day American Telephone and Telegraph Company had been buoyed up by further reports of a split In the stock which would net holders $lO in dividends Instead of $9, now paid, but this was officially denied. Nevertheless, the Issue did not break much, and closed 1 % points above the previous last price, Its early high pf 168 being the highest price touched since 1903. Maximum Capacity Buying in U. S. Steel was intensified by private estimates usually trustworthy, which • placed the corporation on a 99 per cent of capacity operating basis. March is generally a month of heavy demand for steel

In the Sugar Market

(By Thomson & McKinnon) NEW YORK. March 18.— When the Cuban authorities fixed a 1936-37 crop total it is reasonable to assume they had a very goo*! idea of what the trade re* ?uirements in raws would be. Moreover. haven’t heard of any unexpected gain in world supplies to account for recent decline in raw Quotations. It has simply been a case of temporary congestion of supplies. A turning point appears at hand and I advise purchases around current levels. FURNItURE JURORS OUT No Decision in Anti-Trust Cast After Twenty-Four Hours Study. Bii United Press CHICAGO. March 18.—After twenty-four hours deliberation, a jury In the furniture anti-trust cate was still deadlocked at noon today. Shortly after 12 o’clock the Jtiry came to court and asked Judge Carpenter for permission to see a copy of the judge’s Instructions. Over objections from the defense this was granted and the jury resumed It* deliberations. The case Involves 678 individuals and seventy-nine corporations. It was charged a giant combine existed to regulate all furniture prices. In the original indictments 380 firms and individuals were najued, but more than 200 of these pleaded guißy and received large fines. 1

baby away, so I ran away from Brazil and went to Crawfordsville. There was no work there for a woman with a little baby and I came on to Indianapolis. Wednesday. I stayed at a hotel, but I’ve got almost no money and I knew I'd have to get to work rlghj away. But how could I, with my little baby? So I began asking people If they knew of any, who would take him —I meant just for awhile." “Better Than Life” “A man told me to wait in the Traction Terminal station and he’d telephone his mother—said ehe wanted a baby. Then the officer came and arrested me. They didn’t understand. I’d die before I’d give up this child. I am a married woman, but I haven’t lived with my husband for some time. He knows nothing of this child. Just the same, with no one in the world to help me, I want to keep my little darling. I love him better than my life.. “I had g chance—several of thetn —to give him away when he was born. I've never conside~ed It, but until I find work—oh, is there anybody who will just keep him temporarily? That’s all I ask.” Mrs. Gifford was released by court authorities, who said they would hold Mrs. Cole until they received word from Brasil officers.

and this month taids fair to set a record for tfie year though it may run under 1926. General Motors was given stimulus from estimates of earnings for the first quarter showing a large gain. , National Lead was the sensation of the day, rising to new high ground and closing up 10% points. Buying was stimulated by announcement the stock would be splis two for one and a report of earnings showing a figure over $34 a share earned during 1926. A Few Drop. While these leaders were rising consistently pressure developed in a few Isolated instances. Cluett-Fea-body dropped over 4 points after two members of the family withdrew from the company, and Continental Baking A met further pressure toward the close. Railroad shares began to spruce up late in the day and oils presented a good front. Some profit-taking naturally developed in the best gainers, but this was readily absorbed. Further buying of United States Government Issues sent all the Treasury hondg into new high grmind. High grade investment issues also appreoiflJed. However, sentiment was dampened somewhat by a firming up in the call rate to 4 per cen*t, compared with 3% per cent Thursday. Oils improved on the curb market though irregularity still, prevailed in that group and spread to the rest of the market. Cotton and wheat prices broke after fairly steady early dealings. Foreign exchange was enlivened by uprushes in lira and peretas. , Land Banks Consider Reducing Loan Rate Bu United Press WASHINGTON, March 18.—Federal land and join stock land banks are considering reducing the interest rate on' loans to farmers, it was indictaed ta the Treasury Friday. These banka now have outstanding more than $1,700,000,000 on American farm lands. Any cut in the interest rate on borrowings will be a saving of hundreds of thousands of dollars annually to borrowers. The average rate charged by land and joint stock land banks mt present Is sto 5H per cent. Treasury officials indicated that a uniform flat interest rate of 5 per cent may soon be inaugurated and a (light cut further effected later If money conditions warrant.

Far and Near

BAD GRAMMAR FINED NEW YORK —Warring on lapses in grammar, teachers in public School No. 53 have instituted a system of fines among their pupils for such locutions as "aint” and “he done." On a straight nickel tarifT, students in one grade paid |5 in two months. DEVILISH STI FF ° “ATLANTIC*CITY, N- J.—Joseph Curio objected when his roommate, George Henderson, made him act as a target for the business end of a pitchfork. Henderson explained In gpurt lie was only trying to give an impersonation of the devil cleaning up the place. He was held for examination. WHEN HE “HOLLERED” CHICAGO—Joe Semo, a year old, enjoyed the same pictures in a movie for seven hours, but began to yell when the place was locked up for the night. His 7-year-old sister had absent-minded-ly loft him there. OLD AND WET Bu United Prvb* NEW YORK—Chain Weiss, one of the country’s oldest foes of prohibition, is 109 years old. He attributes his good health to a dully walk and perusal of the Talmund and a weekly Turkish bath. ALL GUMMED UP CHICAGO —The wife of Adolph Faundrey, a professional gum tester, had him jailed for nonpayment of alimony. She divorced him for chewing gum at home and plastering it all over the house. FROG LEGS SAVED • MADISON, Wls. —A bill to abolish frog legs at a food delicacy has been defeated in the Wisconsin Legislature. The bill, prohibiting killing of frogs for anything but scientific reasons, was defeated in the Senate. BILLY OBSOLETE CHICAGO The policeman’s billy is obsolete, therefore it will no longer be used in Chicago, Chief of Police Morgan Collins announced. Some officers, however, say they will continue carrying the billy. FREED FROM ASYLUM OCONTO, Wis—John Makjol, inmate of the insane asylum for fourteen years, has been released by a daughter who thought him dead. Majkol's daughters were told their father was dead and did not discover otherwise until Mrs. Makjol filed suit for divorce. A re-examination resulted in Makjol being adjudged sane. CARPENTIER ON STAGE PARlS— Gorgeous Georges Carpentier may invade the United States again, but not to fight. Georges said he had received an interesting offer from Arch Selwynjind expected soon to make his debut on Broadway. FAVOR FEWER MEETINGS LONDON—British political circles look favorably upon the proposal that ordinary meeting of the League of Nations council should be limited to three annua'ly. instead of four or five, as at present. It was felt that the larger number of meetings required major statesmen of the powers , too frequently to absent themselves from their respective capitals. DUEL TRIAL DEFERRED Bu i : nitrd Press NEW YORK--The Carrington duel case has been postponed a fifth time. Col. Edward Carrington is charged with assault on his brother, Campbell Carrington, on Feb. 28. Postponement was allowed by Magistrate Louis Brodsky because Louis Podel, counsel for Colonel Carrington, was unable to be present. DRESSING UP SAILORS Bu United Press WASHINGTON—UncIe Sam is going to improve the appearance of his bluejackets. An order for 83,000 black silk neckerchiefs, at a cost of $110,390, was given by the Navy Department to a New York silk manufacturing company. SLAYER GUILTY Bu United Press NEW YORK—A Supreme Court jury after seven hours of deliberation found Robert Weimer guilty of first degree murder for his part In the attempted jail delivery at Tombs prison last November when five persons were killed.

ALABAMA BEAUTY SPOT JUST FOUND Owned by Government 80 Years —Finally Discovered. Bn SEA Service ■WASHINGTON, March 18.—Land that the Federal government has possessed for eighty years In the mountains of Northern Alabama has just been “discovered” by search in the records of the Federal Land Office. The surveyor who mapped the territory in 1847 for allocation to settlers seems to have been daunted when he came to the brink of May’s Gulf, a beautiful gorge ten miles long and a quarterto a half-mile wide. Or perhaps he concluded that no one ever would want it. Anyway, he mapped only to the brink on either side, drew two lines marking the bluffs and labelled them “perpendicular bluffs 300 to 600 feet high," and let it go at that. The State legislature is expectod to buy the territory for a park, inaccordance with a Federal law passed last year permitting transfer of such tracts to the States. RABBITS IN TREES OTTOUPLANT. Ark., March 18.— Hundreds of rabbits in the flooded districts near here have heen removed from trees where they found refuge as they were being swept along in the current. They even jumped into boats filled with people and many were killed to provide food for refugees.

PAGE 29

VAN ORMAN NOT SO SUCCESSFUL IN LOBBY ROLE Fails in Clemency Move for * Former Bellboy at His Hotel. Lobbying efforts of Lieutenant Governor F. Harold Van Orman and State Highway Commissioner V. Burch, Evansville, at the office of* Governor Ed Jackson and the In-, diana Pardon Board Thursday, have' thus far borne little fruit. They called at the Governor’* of-' flee during tiie morning regarding the reappointment of Burch to the commission when his present term expires April 17. Late in the afternoon they visited the pardon board to intercede for clemency for Cleva-i land Moore, former head bellboy at* the McCurdy Hotel, which is owned and operated by Van Orman at Evansville. Moore is serving a one to five-year sentence at the Michigan , City penitentiary for violation of the' liquor laws. Although Jackson has not an-* nounced that ho will not reappoint 1 Burch, several others have been suggested for the highway commission berth by fuctlons opposing the,' Burch reappointment. The MalesHuffington group from Vonderburg County Is opposing reappointment and ’the name of Herman Bryant, Winslow, has been suggested to succeed the Evansville man. Little headway was made by the pardon board visit. Appeal to the Supreme Court failed to release - Moore and Pardon Board Secretary Charles York declared that he saw no reason why the board should do so. After the hearing York declared that Van Orman attempted to be arbitrary and to order the board to do so, but that he “didn’t get V away with it.” York and Judge John C. Chaney were present, but. Rev. George S. Henninger, third member of the board, was absent at the hearing. No effort w as made by Van Orman to halt the Governor's program to abolish the board, so members feel that they havo no political debt to pay on that score.

WILD'S BIGGEST HIGHWAY BRIDGE NEAR COMPLETION ' ✓ San Francisco Span Can Carry Four Automobiles Abreast. Bii United Press SAN FRANCISCO. March 18 The largest highway bridge In the world, containing a double cantilever span which ranks among the four longest ever built, Is nearing comple- . tion across the treacherous waters of Carquinez Straints, on the northern arm of San Francisco bay. Crews have been tolling four years 1 on the structure, which as an engineering project presented difficulties greater than those of the spanning - of tho St. Lawrence at Quebec, or ' the Delaware between Philadelphia and Camden, according to engineers. ; The two cantilever spans ot the " Carquinez bridge ore each 1,132 feet long. The only cantilever longer are n the Quebec bridge, the famous Firth * of Foy crossing in Scotland, and the New York-Queenstown structure across the East river. The huge central pier on which one end of each cantilever span rests presented the most difficult problem. Located in the middle of the strait * where the water is 99 feet deep- - menacing water dumped from two of , California's great drainage systems, the Sacramento and Han Joaquin rivers, their mouths Just a few miles above the bridge, buffeted the pier at either side. From the bed of ttie straits It was necessary to bore fifty feet rock formation to provide a base for' the plef’s foundation. The bridge towers 350 feet in the air equalling the height of a twelvestory building. It is forty-two feet wide, permitting four automobiles to pass übreast. The largest ship afloat could pass beneath It as it has a 135 feet clearance above the water. MONKEYOUTfS BERLIN SCIENTIST Bu United Press LONDON, March I*. British - scientists are chuckling over • British monkey Intelligence teat, where the monkey demonstrated greater In-', telligence than Its human Instructor. , The German inserted a banana in , a tube in the presence of thr monkey* j and then poked it out of the tube' with a stick. He repeated this operation twenty or thirty times, the" monkey all the while watching the f operation Intently. Finally the German left the tubs' with the banana inside of it, and the ’! stick along side and retired from the room to watch the monkey’s actions., through a peep hole. Directly thecoast was clear the monkey picked* up the tube, turned It upside down., and gave it one vigorous shaks. , The banana tumbled but immed- 19 lately and the monkey calmly pro-J ceeded to peel it and eat it with evi*. dent satisfaction. His operation had been simpler and quicker that the scientist's. ABANDONED SHIP BURNS 1 Bu t in-ted Press ... „. <Q WASHINGTON, March 18.—'Thai lumber laden schooner G. F. Cherry'S of New York, reported and few rtaysjjj ago as missing, has been and is afire 100 miles off Cape Hat-*i teras, N. C., according to a message,! from tlia Vaterland received to@y !j by coast: guard headquarters. Nod details as to the crew were added.