Indianapolis Times, Volume 38, Number 304, Indianapolis, Marion County, 29 March 1927 — Page 12
PAGE 12
PORK MARKET CONTINUES ON DOWN GRADE
SWEEPING GAINS MADE BY G. M.C., ATCHISON STOCK Brokerage Loans Healthy, Says Mellon—Reserve Board Confirms.
Average Stock Prices
Average of twenty industrials Monday was 161.01 ur> .46. Average of twenty i iils wa 130.01. up 1.60. Average of i >rt,v bonds was 07.15. off .04. llii United Press NEW YORK. March 2%.—Secretary Mellon’s statement that brokerage loans were In a healthy state found' quick confirmation in the federal Reserve Board figures as of March 23. These set forth a total of $2,802,187,000, a reduction of $38,580,000 from the preceding week. This brought the aggregate below the levels existing In earlier weeks of the year, notwithstanding substantial gains in security prices since that time. This evidence of the soundness of speculative conditions was followed by further sweeping advances in early dealings. General Motors scored a fractional gain to a fresh record high for the present shares at 182 Vis - Atchison led the rails, pushing into new high ground on the current movement at 180, up 1 from the previous close. Atchison was stimulated by a $1,000,000 increase in net operating income last month over February, 1926. Prices in the main body of stocks resumed the forward movement around noon after absorbing heavy profit-taking in the late morning. High priced Industrials moved ahead in sensational fashion. Commercial Solvents B jumped 4 points to 298 while Du Pont ran up 4% to 221 in the wake of a further new high in General Motors, which sold at 183% up %. Baldwin gained 4% to 187% and Allied Chemical 1% to 141%. High-priced issues also featured 1 lie carriers. Norfolk & Western sold at the highest price of its history at 179%. Universal Pile was a strong spot gunong the industrial specialties advancing to new high ground for the year at 37% up 2 points from the previous close.
Banks and Exchange
—March 29 INDIAN ATOMS BTATKM ENT Local bank clearings wen; $3,072,000: debits. *7.130,000. FOREIC.N EXCHANOK Bv United Press NEW YORK, March 29.—Foreiim exchange opened steady Lira. 4.50%e. up .00 % : Belga, 13.88%c; marks, 23.70%c.
WHEAT OPINION BECOMES MIXED Opens Unchanged to Fractionally Lower. Bv United Preaa CHICAGO, March 29. —Sentiment in wheat was more mixed at the opening of the Clxicago Board of Tio.de today, with longs pointing to the foreign conditions as bullish and the bears placing their faith on the continued fine crop prospects in this country and the ample supplies in sight. Opening quotations weie unchanged to % lower than yestex’day’s close. Liverpool came about as expected and was not much of a factor. Bearish sentiment in corn seems to increase, with local selling on any bulge and some of the aggressive bears predicting that the May delivery will sell clown to 67 or 68 cents some time next month. Othcx*s. however, think prices are close enough to the bottom so that a trading attitude is the best one to cultivate. Prices opened %c lower than tlie pi’evious close. Oats contiue to trail other grains, with price changes reflecting variation in prices of the other cereals. Opening prices were unchanged to *sc higher than Monday's close. Provisions opened lower. Chicago Grain Table —March 29WHEAT— Prev. High Low. 11:00. close. May 1.34% 1.33% 1.33% 1.33% July 1.28% 1.27% 1.28% 1.28% Scut 1.20% 1.20% 1.20% 1.20% CORN— May 72% .71% .72% .71% July 77 % .70% .77% .76% Sept 80% .79% .80% .80 OATS— May 44*4 .43% .44 .43% July 44% .44 .44*4 .44 RYE— May 1.00% .90% 1.00% 1.00% July 98% .97% .98 % .98 LARD—y xr 12.30 May .... 12.42 12.32 12.42 12.37 July 1 2.62 12.52 12.02 12.00 RIBS— May 14.70 14.70 14.62 Be Times Special CHICAGO, March 29.—Carlots: Wheat, •o; corn, 144: oats. 08: rye. 2. tv Times Special CHICAGO, March 29.—Primary re©Huts: Wheat. 517.000. against 545.000: corn. 469,000. against 532,000: oats, 302.000, against 419,000. Shipments:: Wheat. 362.000. against 325.000; corn. 321.000, against 350.000. oats, 396.000, against 641.000.
In the Cotton Market
NEW YORK. March 20.—Buying the new crop at 14.50 looks to be premature, if not actually unwise. The let-up in spot demand and the general appearance of the market convince me that we are about to see still lower prices
In the Sugar Market
(By Thomson & McKinnon I NEW YORK. March 29.—Sugar futures re still in an unsettled state, and I do ■ t look for any sustained imi>rovement ; hile the market lor actual raws remains ui’essed. There is no news of conseuence this morning. 1 see no reason to ‘.-r the view, however, that futures Ud be*bought whenever they react.
New York Stocks
—(By Thomson & McKinnon)
Railroads— Prev. High. Low'. 1:00 close. Atchison ..180% 178% 179% 178% Atl C Li .184% 180% 181 185% B & O ...115% ... 115% 115% Can Pac ..184% ... 184 184% C& O 165% ... 164 • 165 C k N W. 82% 82% 82% 82% C R & P... 88% 87% 87% 88 Pel *Hu .190% 196% 198 195% Del A Lac .162% ... 161% 163% Erie 40% 45% 46 40 Erie fl pfd.. 55% ... 55% 55% Gt No pfd. . 80% ... 86% 80% Leh Val ..117% ... 117% 117% Kan C Sou. 61% ... 51 51 L & N ..134% ... 134% 139% M K & T. Mis P pfd .102% 101% 102 101% N Y Ceil .146 ... 145% 145% N YNH&H. 61% 50 60% 50% No Pac .. 80 % ... 80 % 86 % Nor &W . . 179 177% 178% 178% Pere Mar .119 ... 119 118% Penn 59 % ... 50 % 50 % Reading ...110% ... 109% 110 Sou Rail .124% ... 124% 124% Sou Pac ~113% 112% 1124 112% St Paul 13% ... 134 14 St Paul pfd .. ... ... 21 % St L & S W 08% . . . 68% 09% St L& S F.112% 11 % 112 111% Uil Pac ...171% 170% 170% 17 0% Wabash ... 71 % 71 % 71 % 71 % Wab pfd. . 94 % ... 94 % 95 Rubbers— Ajax 11% .. 11% 11% Fisk 18% 18 18 18% Goodrich . . 54 % ... 54 % 54 % Goody pfd.. .. ... ... 104% Kel-Spg .. 18% 18% 18% 19 U S Rub.. 62% ... 61% 62% Equipments— Am Cft F.104% 103% 104 103% Am Loco .110% ... 110 % 110% Am St! F.. .. ... ... 45% Bald Loco .187% 182% 186 182% Gen Elec.. 86% ... 80 86% Lima 68 67% 08 68 N Y A B. 44 ..." 44 43% Pr St] Car. 69 68 68% 69% Pullman ... ... 1 77 % Tty Signal .116% 113% 115 113% Westh A B 155% 152% 154% 151% Westh Elce 76% ... 75% 76% Steels— Bethlehem. 5.3% ... 53% 52% Colo Fuel . 60% 59% 00 59% Crucible ..91 90% 91 91% Gulf St Stl .. ... ... 08k, P R C 4 I. 4.1 ... 43 43% Rep Steel.. 71% ... 70% 71% Sloss Shelf. . . ... ... 129% U S Steel .168 105% 165% 105% Union Alloy . . ... ... 20 Vanadium. 50% 50 50% 50% Motors— Am 805 ch.... ... ... 15 % Chandler . . 24 23 % 24 23 % Chrysler .. 41 % ... 40% 41 Con* Motor 12% ... 11% 12 Dodge .... 20 % ... 19 % 20 % Peerles9 ... ... 27 % ■Gabriel 30% 30% 30% 30 Gen Motor 183% 180% 183 182% Hudson ... 09% 08% 09% 09% Hupp 21% ... 21% 21% Jordan ... ... 17 % Mack 105% 104% 104% 104% Martin Par .. ... ... 21 % Moon 8 % ... 8 % 9 Nash 64 63 % 64 63% Packard . . 34 % ... 34 % 34 % Pierce Aw. . . ... ... 21 Btudebaker. 53% 52% 52% 53 Stew Warn 59 %
Produce Markets
Butter (wholesale price)—Creamery best grade, a pound. 51® 54c. Butterfat—Local dealers pay 50® 61c a pound. Eggs—Strictly fresh delivered at Indianapolis. 19® 20c. Poultry (buying prices)—Hens, large breed. 22® 23c; Leghorns, 18®20c: roosters. 13® 15c: Leghorn springs. 15® 17c: 1927 broilers. 1% lbs. up. 40c: Leghorn broilers. 30® 35c: ducks. 18@20c; geese. 11® 12c: turkeys, young toms. 30®32c: old toms. 25c: hens. 30®32c: guineas. 35c.
Local Wagon Wheat
Local grain elevators are paying $1.17 for No. 2 red wheat. Other grades are purchased on their merits.
Peppermint Oil
(By Thomson & .McKinnon) NEW YORK. March 29.—Peppermint oil—Natural. $4.10 @4.20; U. P.. $4.25 @4.35.
Commission Row
PRICKS TO RETAILERS FRUITS Apples—Box apples—Staymens. $2.75; Winesaps, $2.75; Delicious. *[email protected]. Extra fancy barrel apples Winesaps. $0: Rhode Island Greenings. $4.60: Cherry Red Baldwins. *3.75: Rome Beauties. $4.50 New York Kings. $4.50: New York Baldwins. [email protected]: York Imperials. $4: Staymens. $4.50: Ben Davis. [email protected]. Fancy barrel apjxles—Staymens. $3.75: Winesaps. $4 @4.50: Baldwins, $3.75: Rome Beauty. $3.75@4; New York Baldwins. $3.50: Ben Davis, $3.75. Basket axxples (40-lb. baskets) —Sta.vmen Winesaps, $1.50: Delicious, $1.75; Romes. $1.50: fancy Romes. $2: Winesaps. $2: Wagners. $1.35: New York Greenings. $1.50; New York Kings. $1.50: Baldwins. $1.25: Staymens. $1.7.i. Bananas (jobing price)—4%@scib. Cranberries—Jersey Howes, half bb! $3.00. Grapefruit—Extra fancy. $4.50 @6 fancy. $3.50@4. Lemons—California $4.50® 5.25. Oranges—Florida. $3.75® 4.75: California navels, extra fancy. $4.75@6: fancy. $4.25® 5.25. , _ Strawberries—Alabama and Louisiana. $8 24-qt. case. VEGETABLES Artichokes—California $1.50 doz Asparagus Georgia, crate, *4 @7: bunch. 50® 75c. Beans—Florida green. $4.50®5 hamper. Brussels Sprouts—Fancy California 3Uc pound. Cabbage—New Texas. 4e. Cauliflower —Crate, $3. Celery—Florida. 4® 0-doz. crate. $3.00. Mammoth I washed). [email protected] doz. Cucumbers—Hothouse. *3: Florida. $1.25 doz. Eggplant—Floridji, $2 per doz. Endive—California, $1.25 doz. Garlic—-California. 12 %c lb. Kale—Louisville bags. *1.50. Lettuce—lceberg, crt., $4.50; H. G., hothouse, $1.65 15-lb. basket. Mangoes—Florida peppers. $4.50 crate: $1.50 peck Mushrooms—Pennsylvania $1.50® 1 75 for 3-lb. basket. Onions—ii G. yellow. 100 lbs.. $3.76: new Texas. $0 crate. Onion Sets—Red ami yellow. 2 bu.. *4.50; white. 2 bu.. $8: Texas Bermuda plants. 5,000-crate. $5.00. Oyster Plant—H G.. 60c dozen. Parsley—H. G.. 60c per bunch: southern. 75c doz. Peas—Mexican telephone. $8.50 crate. Potatoes—Michigan whites. 150 lbs.. $3.00- Russet Burbanks. 160 lbs., $4.25: Red River Ohios. 120 lbs.. $3.40: Idaho Russets, 100 lbs.. $3.75: Idaho bakers. 00-7 Os. $1: Triumphs, 100 lbs., $8: new Flnridas, 811 bbl. Seed potatoes—Maine cobblers. 150 lbs.. $5.50: Red River Early Ohios. 120 lbs.. $3.75: Bliss Triumphs 150 lbs.. $5.25: Early Rose. 150 lbs., $4; Minnesota cobble! s. 150 lbs. $4.25. Radishes —Southern lona reds 80® 35c: hothouse buttons. $1.26 Rhubarb—H. G.. 5 lbs.. 50@05c. Root vegetables—Turnips. bu. 90e. parsnips, bu., $1.50: carrots, bu.. $1.75: H. G. beets, bu.. $1.50: Louisiana beets. 90e dozen. Shallots —Louisiana. 50c dozen. Spinach—Texas, $1.50. Sweet potatoes bu.: Naney Halls. $1.35. Tomatoes—Six-basket crt.. $3.50@5. SEES YOUTH IN REVOLT Thousands Frown on Fast Living, Pastor Says at Rally. “The pendulum of fast living is swinging backward,” according to the Rev. William A. Shullenberger, pastor of the Central Christian Church, who spoke Monday evening at the rally of the young peoples’ division of the Marion County Council of Religious Education, held at the Zion Evangelical Church. His subject was “Harnessing Our Youth Power.” “Thousands of youths in America today are rising in open revolt against the code of the ‘jazzite.’ the ‘sheik.’ and the ’flask toler,’ ” the Rev. Shullenberger stated. “This revolt is beginning with the organization of ‘slow clubs’ all over the county.”,. " V
Timken ... 85 % ... 85 85 % Willys Over 22% 21% 21% 21% White Mot. 60% 50% 50% 50 Mining— Amer Smlt 147 145% 140% 146% Anaconda . 47 46 % 47 47 Cer De Pas. . . ... ... 02’’ Inspiration. 20 ... 20 20 )nt Nickel . 40% ... 4040 Kenneeott. . 02 % 02 % 02 % 62 % Tex G and S 01% 60% 61 00% Oils— Atlan Rcfg 111% ... ill 11 o ‘4 Calif Pete. 28 . ->7% it Frcept Tex. 50% 55% 60 % 55%
WIFE IS WITNESS AGAINST HUSBAND (Continued From Page 1) now, slit; went on, “but I swear my husband was always wonderful to me before this happened all through the eight years of our married life. He was a wonderful father to our little girl, too. I love him dearly and will stick by him always.’’ No Reason for Jealousy Reminded that last November she had declared Foltz to be of an insanely jealous disposition and that she had always had to use extreme care not to incite jealousy in him, she was reluctant to repeat the statement. “I never gave him any reason to be jealous,’’ she said evasively. “Under the excitement at that time, I may have said some things that sounded like that, but I didn’t mean them,” she asserted. “Especially if I said then that I no longer loved him, I was mistaken. I do love him. I always shall and will stick to him whatever happens, as any wife should whose husband Is in trouble. Certainly I’ll forgive him and I’ll be his wife if he is released. That’s my great hope—that the jury will realize that he didn’t mean to kill when he fired—only meant to protect me.” Witness for Roth It is understood both the State and defense plan to use Mrs. Foltz on the witness stand. Throughout selection of the Jury by Deputy Prosecutor Judson L. Stark and Frank A. S.vmmes, attorney for 1< oltz, the wife eagerly observed the proceedings. The child came to the courtroom his morning and sat on her father’s lap at the defense table, with her arm around her father’s shoulder. The story of Foltz’s surrender and confession was related to the jury by Municipal Court Bailiff Oscar Merrill. Brough! Gun. Merrill told the jury Foltz came to his home on the following day or the second day after the shooting and handed him a gun declaring “I guess this is what you want.” I' oltz told Merrill that on the night of the shooting he had left to Instruck a fellow lodge member and returned home to get a book. On approaching home he saw a man enter the house, the bailiff testified. The defendant said he returned to his auto and got a gun, according to testimony. In his confession Foltz told Merrill he saw his wife in the mans arms and shot through the kitchen door, firing three other shots as the man ran to the street, Merrill stated. Merrill testified Foltz told him he had previously seen the man talking with his wife over the back fence and on the porch of their home. He testified that Foltz said he told hi.s wife, “we are living happily and I don’t want any roomers around the house. It’s too much trouble to fix up a room.” Visit Scene The State will nttempt to prove that Foltz had the gun in his car because he was jealous of his wife. Stark asked Merrill why Foltz went to get the gun. “He said lig thought the man a burglar,” Merrill replied. Many of the jurors sat on the edge of their chairs during the hearing. The jury adjourned early and visited the Wyoming St. address. William Creedon, 915 S. Delaware St., living near the former Foltz home, who heard the shots, and Detectives Arthur Fields and Herman Rhodamacher were the first State’s witnesses today. Uilburn Grayson, cousin of the victim, was on the stand for a short time. The murdered man’s aged mother and a sister, -Mrs. Ottie Tapp, were in the court room. Others to be called: Lieut. O. D Thomas, Deputy Coroner U. B. Hine and other police officers, and William Miller, into whose home Mrs. Foltz ran after the tragedy. TO USE GAS TAX FUND Board of Works Decides Not to Wait on Appropriation Action. If the city council fails to appropriate the $136,000 gasoline tax fund at Its next meeting the works board will proceed to use it anyhow, the board declared Monday. The law requires that this fund be appropriated by the council for street and bridge repairs only. City Attorney John K. Ruckelshaus, in an opinion to the board, declared it would be legal to use the money if the council failed to appropriate it. His opinion was upheld by Lawrence Orr, State board of accounts chief examiner. SENATOR TALKS CHINA Robinson Says Protection of U. S. Interests Should Be Limit. Protection of American residents in China should be the limit of America’s activities In revolt-ridden China, Senator Arthur R. Robinson told members of the Irvington Republican Club Monday evening. “We should, of course, protect our own national interest in China and then keep out of the controversy,” he declared. Japan is standing by, “allowing other nations to wear themselves out protecting their own interests and those of others,’’ Robinson asserted.
THE INDIANAPOLIS TIMES
Only Branch to Drop, Cattle Calves and Sheep Make Gains. —Hog Price Ranee— March Bulk. Top Receipts. 22. [email protected] 12.15 6.000 23. 11.40® 12.00 12.15 5.000 24. 11.50® 12.25 12.25 4,500 25. 11.40® 12.15 12.25 5.000 20. 11.40® 12.15 12.25 2.500 28. 11.15® 12.00 12.00 4.000 29. 11.10® 11.85 11.85 6.500 Adding impetus to the irregular drop in hog prices started Monday, the market at the Indianapolis Union Stockyards today was unevenly 15 to 35 cents lower. The decline was mostly 25 cents on the hundredweight. The downward move was not confined to the local market, as the chief competitor, Chicago, slipped off 10 to 15 cents. Tlie early trading was slow, local killers talking a 25-eent cut in prices. The bulk of the lot went at sll.lo® 11.86, the top figure applying to lightweights. Estimated receipts were 5,500; holdovers from Monday were 185. Ilog Price Range For 90-130-pound meat animals [email protected] was paid; 130-200 pounds. $11.25(3/11.85; 200-250 pounds, sll.lO #11.60; 250 pounds up, sll.lO down. Packing sows were cheaper, going at $9.25@10. The cattle market was strong to higher, nearly all prices showing advances. The main quotations were: Beef steers, [email protected]; beef cows, $5.50®7.75; low cutters and cutter cows, [email protected]: bulk stock and feeder steers, [email protected]. Receipts were 1,300. Stronger Rates The calf market was strong, looking higher in spots. Most sales were at $14.50@15. Some odd lots set a $15.50 top mark. The run counted 1,200, The sheep and lamb market was higher, with a run of 150. Fairly desirable natives brought $15.50. No material of top quality was received. The value of top fat lambs was quotably set at $16.50. Bulk fat lambs were listed at $15.50@16 and bulk cull lambs, s9@ll. —Hogs—on ■‘> •‘>oo. market unevenly lower. Ko't ::::::: a*. :::: 6vo~ihi lb * 11.10® 11.60 ~00 ibs- up 10.50 @ll.lO —Cattlp— Receipts. 1.300: market strong to higher Beef steers $8 50 ®fo 75 Bulk stock and feeder steers 7.00® B°s Beef cows ... 5.50® 7.75 Low cutters and cutter cows.. [email protected] —Calvfs— Receipts, 1.200: markte strong. Best vealers *14.50® 15.00 Heavy calves 6.00® 9.00 —Sheep— Receipts. 150: market higher. V l . *, am b* $. 16.50 quotable SXJS ,a f, ,amb 15.50® 16.00 Bulk cull lambs 9.00® 11.00 Other Livestock Bv Timea Special LOUISVILLE. March 29.—Hogs ReS l P t A. 0p: market 25c lower; tops. $11.15. Cattle—Receipts. 100: market steady. Calves—Receipts. 200: market steady, good to choice. *10.50® 12 50 medium to good. $8.50® 10.50: out. $8.50 down. Sheen —Receipts. 50: market B A e i ß o y: , loi> hambx. sl3® 14: seconds. $lO @l2; sheep, so@7. Bv United Prcaa PITTSBURGH. March 29—Hogs —Receipts. 600: market slow, steady to 25c ower; 250-350 ibe.. $1 I® 11 so: 200-250 $11.50® 12: 109-200 lbs. *l2® Ho 0 X " *[email protected]: 90-io°-ri/- hf Vn 1 ~ 50: backing sows, s9.>o@lo Cattle—Receipts. 10: calves. 1 !*<> „ market steady: beef steers. s9® 10.75. quotable; vealers, [email protected]. Snoop—. Receipts. 300: market, steady to 10c higher, top fat lambs. $16.25. wsoled >“'■ 8'2 l X. f ft a tJ ambs ' Sib; bulk cull lambs. $8 @10.50. Bv T'nited Prcaa CLEVELAND. March 29—Hogs Receipts, 2.000; market steady: 250-350 lbs $10.50® 11: 200-250 lbs,. *11.25 @l2: IX'.Xt- O XT’*;-,,,, **-@ 12.25: 130-160 lb*., SI >: 90-130 lbs., $12.25: packing sows *•*■so® 10. Cattle—Receipts. 100: calves] -00; market steady: beef steers. *8 75® 9.25. beef cows. $6 @7.25: low cutters and cutter cows. $4.25® 4.75: Testers $15.5(1® 10. Bheep—Receipts. 1.400: market, clipped lambs $1 higher: top fat lambs. sls: bulk fat lambs. $14.50® 15: lulk cull lambs. $9.50® 12: bulk fat ewes. So®7. RULES ON GRAIN RATES Indiana Affected by Findings Given Out by Commerce Commission. Bv United Prcaa WASHINGTON, March 29.—A decision affecting carload movements of grain and grain products in Pacific coast, Middle Western and South was handed down today by the Interstate Commerce Commission. The commission held some rates unreasonable and unduly prejudicial, while others were found to be justified. The decision was on a complaint by the Ogden (Utah) grain exchange. Part of the findings affect Indiana traffic. Rates from Colorado common points to Nebraska, Kansas, Minnesota, lowa, Missouri, Wisconsin, Illinois, Indiana, Kentucky and Tennessee destinations not unreasonable. Rates from representative points of origin in Utah and on the Oregon Short Line and Utah, Idaho Central in Idaho and Oregon to points in Nebraska, Kansas, Oklahoma, Texas, Minnesota, lowa. Missouri, Arkansas, Louisiana, Wisconsin, Illinois, Indiana, Kentucky, Tennessee, Mississippi and Alabama unduly prejudicial.
SCOUTS AND DABS BANQUETTONIGHT Will Hear Address by Legion Commander. Fathers and sons will sit side by side in the Central Christian Church tonight at the annual Boy Scout banquet to be held as part of this week's scout program. Paul V. McNutt, Indiana American Legion commander, will speak on “The American Legion and the Boy Scout Movement.” More than fifty scouts competed Monday in the pool of the Hoosier Athletic Club for swimming honors. The meet was the first city-wide event of its kind to be held. Competition was divided into two groups for older and younger boys, and prizes consisting of sxveater shirts, baseball gloves, baseballs, scout knives and flashlights were awarded. Wednesday, scouts will assume for an hour the role of State and city officials. Downtown traffic will be directed partly by scouts.
STOCKS GO UPWARD IN WAVE OF BUYING Steel, General Motors Reach Highest Points in History —Most Issues Up at Close —Losses Few, Small.
By Elmer C. Waller Manager United I’re.-s Financial Service NEW YORK, March 29.—Stocks were carried higher on the New York Stock Exchange Monday on the crest of a wave of buying in United States Steel and General Motors, both of which achieved the highest prices in their history. Good news cam© into Wall Street
U. S. ASKED FOR STRONGER MOVE (Continued From Page 1) Parris Island, S. C., base, leave on a special train tomorrow afternoon for San Diego. They all will be in San Diego by next Sunday, when the transport Henderson is due to arrive to embark them for China. The Henderson probably will steam from San Diego Monday morning on the twenty-two-day sea trip to China. Moral Effect Counts Passing over the moral effect, which already has been large, the actuality is almost insignificant—--1,500 marines, who would be lost in an average-sized American town minus their uniforms and equipment. During the Woild War such a movement would have attracted almost no attenion. Today it is heralded far and wide. Newspaper reporters Hashed the news of this expeditionary force when it was made public and have been scurrying about since to get the details. All who go have become heroes overnight. This, of course, is because of the moral effect that the mere order for their dispatch had in the face of the increased threat at Nanking after the first contingent of marines had gone to China. It was just as great as if an army had been sent. It meant that the United .States is ready to protect its nationals, ready to send more troops if necessary. ORDERS BRITISH OFT Consul at Changsha Acts After Sailors and Chinese Fight. 811 United Prcaa SHANGHAI, March 29. —The British consul at Changsha today ordered immediate evacuation of all British nationals there after a slight engagement involving British sailors from H. M. S. Woodcock and Chinese. The situation at Changsha was described as extremely bad in dispatches received here. The Chinese commissioner for foreign affairs at Changsha issued a statement demanding that the British sailors involved in the clash be surrendered “to permit us to take drastic action.” The statement also demanded withdrawal of British warships. It was understood the commissioner of foreign affairs had withdrawn extra-territoriality rights from all British subjects at Changsha. Fear of Attack Hankow and Wuhu were other danger points today, and attention of foreign consulate officials and refugees here was focused on those two cities, where it was feared antiforeign agitaton might spur natives to attack the few foreigners remaining in them. It was reported from Hankow that Canionese pickets there invaded the Japanese and French concessions and insulted residents. All Japanese women and children in the city were concentrated in the concession and many took refuge on ships. Chinese Aroused At Wuhu natives were aroused by propagandist banners charging thousands of Chinese had been killed in the brief American-British bombardment of Nanking. The highest estimate of Nanking native casualties made in responsible nationalist quarters, however, was 2,000, and that figure, all news sources indicated, was highly exaggerated. The refugee situation was becoming acute, with hundreds of missionaries and others from interior cities concentrating inside the settlement. Most of them had been forced to flee from their homes without baggage, and scores were without funds. No attempts to relieve the congestion by sending refugees back to their native lands had been made, as all efforts of the consular staffs had been devoted to preventing further disorders In interior cities of the Yangtze valley. Seven half-starved Americans arrived at Shanghai today from Kingyan in a small native junk. Scantily dad and with little food, they had traveled a hundred miles down the river in six days in the boat. Twice they went ashore seeking food, they said, but each time Nationalist soldiers or roving gunmen drove them back to their boat. Wires Working Again Telegiaph service was restored today to Hankow. Hangchow. Ningpo, Shaoping and Wenchew and roports from all parts of the Yangtze Valley indicated the first surge of rabid Nationalism which followed the Cantonese capture of Shanghai and Nanking had died down. Japan will hold Chiang Kai-Shek and the Cantonese government responsible for the Nanking incident, the cabinet decided 'pday, sayß a Tokio dispatch. Raid American Mission An American Catholic mission at Patchau in southern Kwangtung has been looted by Chinese, reports here said. The fathers took refuge in Kawchow. No casualties were reported. Americans in northern Honan and Anhwei provinces were ordered evacuated by the legation here. Virtually all foi-eigners have left southern Shantung. Anti-foregn feeling was reported increasing to dangerous proportions at Ichang.
in such a sti'eam that the market could not digest it and some thought it too good to be true. Buying went ahead with a vengeance until call money rates stiffened up to 4% per cent after renewals had been made at 4 per cent, when profit-taking reduced some of the early advances. Curb Encouraged However, prices of the various gi'oups were higher as a rule at the dot e, though there were a number of fractional losses recorded. Railroad shares were buoyant, oils under some pressure, utilities steady and specialties at new high in several intances. A more encouraging tone also pervaded the curb market, and the bond section of the stock exchange showed a firmer tendency. Wheat prices closed lower while cotton held steady. Spanish pesetas in the foreign exchange list got above 18 cents and Canadian dollars were strong above par. The stock market started off with a rush of buying. General Motors opened at 180, up a point, then shot up to anew high record at 182%, losing a small part of the gain to close at 182*4, up 3*4 for the day. U. S. Steel forged ahead to anew high at 165%, closing at 165%, up %. Dupont gained 7% for the day. National Biscuit, 2%; U. S. Rubber, 2: Federal Mining & Smelting, 674: Commercial Solvents B, 9%, and Jones Bi-others Tea 3*4. Independent steels derived stimulus from the principal producer and coppers firmer up. Record for D. & H. Delaware & Hudson was the outstanding feuture of the railroad division, rising to new high ground and closing with a gain of 10 points. Atchison gained 2; C. & 0., 2%; Norfolk & Western, 5%: Texas & Pacific, 2%: Wabash preferred B, 5; New Orleans, Texas & Mexico, 5%, and Bangor & Aroostook, 3*B. Sharp gains also wore noted in New York Central, Rock Island, Northwestern and New Haven. Buying in the rails was induced by more encouraging reports of earnings for February. Motor shares for the most part were more quiet, though they held fairly steady under the influence of the leading issue. On the curb Durant continued to feature, rising to anew high for the year.
MINERS SHIFT STRIKE ACTION TO OPERATORS Workers Will Stay at Jobs If Present Wage Scale Is Maintained. Whether union coal miners in the central competitive field, Indiana, Illinois, Ohio and Western Pennsylvania, will strike April 1, the date existing wage contracts expire, depended on action of the operators today. The United Mine Workers’ policy committee placed responsibility for further peace negotiations on the operators’ shoulders when at a meeting here Monday they decreed that district unions may enter into temporary wage agreements on the basis of present agreement and continue wox-king pending agi-eement on a national basic contract. District organizations were authorized to permit coal companies to hire all the union labor necessary to operate their mines after April 1, provided they pay existing wage schedules.
INDIANA GfiOHOS CONVENE IN CITY Frederick P. Walther of Cleveland, Ohio, grand monarch of the Mystic Order Veiled Prophets of the Enchanted Realm, arrived in Indianapolis at 11:30 a. m. today and was greeted at the Union Station by members of the Indianapolis Grotto. Walther will be the honored guest tonight in a joint ceremonial of Indiana Grottos when a class of eighty-six will be received. A street parade will be held at 4 p. m. today, starting at the Athenaeum. In the parade will be the Grotto safety committee. Sahara Pirate Band, Sahara drum corps, Sahara Blue Devil Zouaves, candidates for the ceremonial, the grand monarch, and members of the Indiana State Grotto Association. The parade will be'led by a platoon of mounted police and will be cocluded by bands of visiting Grottos.
Gone, but Not Forgotten
Automobiles reported stolen to police belong to: H. R. Hoover, 2449 N. Illinois St., Ford, 537-204, from in rear of that address. William J. Miller, 292 Ruckle St., Chevrolet, 514-376, from Vermont and Meridian Sts. Norman Darby. 5315 Hill St.. Marmon, from 1401 N. New Jersey St.
BACK HOME AGAIN
Automobiles reported found by police belong to: Arthur Chevalier, 728 E. ThirtyFourth St., Chevrloet, found at 2060 N. Capitol Ave.
FORM MUTUAL BENEFIT Weber Milk Company Employes Organize; Elect Officers Friday. Formation of the Weber Milk Company Benefit Association, comprised of employes of the company, was announced today. The organization is to aid its members and families in sickness, accident and death. Officers will be elected Friday evening at the company offices, 1125 Cruft St.
DEARTH EXPLAINS BEFORE SENATE (Continued From Page 1) fled to by Murray. Dearth said he suggested that Murray have his own commissioners. Questioned by Attoxney Frederick Van Nuys, his chief counsel, Dearth stated he was 54, that he had lived in Delaware County for forty-seven years, that he was born in Ohio, was married and had a family. He stated that he had had two children one of whom was dead. Tells Life History Dearth traced his schooling at Royerton (Ind.) how he went to Valparaiso College, from which he did not graduate, that he taught school for seven years and then went to Indiana Law School. He also stated that he had worked on a farm, been a factory employee and labored in a brick yard. Each answer was made in a slow deliberate fashion. He quickly told of being elected and serving two terms as prosecuting attorney, from 1899 to 1903. He did not lay any sti-ess on these two terms. He then told of serving as Delaware Circuit Court probate commissioner for four years. “What kind of a platform were you elected on?" Van Nuys asked. “On a platform of law enfoxcement.” “Do you remember the incident refen-ed to in the testimony of Harry Lanning, principal of the Emerson school?” This conversation, according to lanning, took place at a polticai meeting and Lanning testified that the judge had admitted that juries were being selected for the purpose of securing convictions. Tells of Talk Describing the convexaation Dearth gave it the following interpretation: "I had made a little talk and after the political part of the meeting—Lanning, my wife, John Hampton and others were theie—l said. It has been said in George Dale's Post-Democrat that grand juries are being packed and ai*e hand-picked. Folks, that isn’t true, but I am for John Hampton (then jury commissioner), because John has always picked good juries and if they call that hand picking them, all right.’ ’’ His acquaintance and twenty I years friendship with Jacob Cava- | naugh, jury commissioner, was then related by Dearth. He gave a hisI tory of his twelve-year service as j teacher of the Sunday school class ; of the High Street. M. E. Church to which he and Cavanaugh belonged. Cavanaugh was president of the class. Getting to the appointment of Cavanaugh, Van Nuys brought out the following: “After I had been elected in 1922, I called Mr. Cavanaugh to my office and told him that I wanted him to be my jury commissioner. You are exactly and identically the man I want. “He told me that he would think it over, which he did. When he came back he said that he wasn’t a freeholder, that a juxy commissioner had to be a voter, a freeholder and a householder. He also said that he 1 had about SB,OOO in a house on Jackson St., but that it was in his wife’s name. Describes Sale “I said to him. ‘Why not buy a cheap lot, it doesn’t matter if it is a foot square or twenty feet square or 200 acres.’ So then my wife and I deeded him twenty feet off the back end of our lot.” "Why did you want to appoint Cavanaugh?” “Because I knew that he was a man of high standing, honest and conscientious, and acquainted with many people throughout the county.” Denying he attempted to influence the selection of jurors in any way, Dearth declared that he ever asked for anything but good citizens. Selection of women juxars was explained by Dearth. He said that he had a talk with the commissioners. told them that women are “now voting and have equal suffrage and I can see no reason why they shouldn’t serve as jurors, hut they could use their own judgement.” Dearth denied that he ever gave Cavanaugh a list of names to be drawn as jurors or a list for any purpose, as had been testified to by Shaw. “After an ex-convict served on one of the Julies. I told Deputy Shexiff Inlow that after this I wanted only good citizens on the jury and asked him to let Deputy Clax-k go out and get them, as he knew who they j were.” the judge testified, in defending his alleged favoritism of Clark for Serving jury subpoenas. Clark was a prosecution witness and took credit for a long list of jurors whom he could call by phone. “Were you in any way to blame for the juries composed entirely of women?” Van Nuys Inquired. was not,” the judge countered. “I know that the regular panel was composed of both sexes and I didn't suggest getting women to Clark.” Conversation With Shaw Asked what he had said when Attorney Francis Shaw told him that his juries were corrupt, the judge continued: "I said, ‘Francis, that is a pretty broad statement.’ ” According to his testimony Shaw then told him that he would get into i trouble if he listened to advice of Attorney Wilbur Ryman and he retaliated by saying Shaw would get in bad if he listened to Bootlegger John Cox and Editor George Dale. The failure to indict Pete,Barlow for running a gambling house was also touched on by the witness, who
MARCH 29,1927
JACKSON FACES ' TASK OF CALMING IRATE SENATORS Senate to Draft Note to Governor, 111, Asking Solution. Special session of the Indiana Legislature still looms i n the offing unless Governor Jackson can devise some means to appease irate Senators and restore confidence of the people in their repi'esentatives. Jackson at present is reported confined to his bed at Clifty Falls State Park near Madison, where he became ill on a week-end vacation trip. Mrs. Jackson said the Governor was “about the same, and had a restless night Monday night.” At a secret session of the Senate late Monday a committee was appointed to draft a note to Jackson requesting him to take action to straighten out the tangle causerlJ by bill juggling in the recent legist lative session. w It is desired that confidence of™ the people in the Legislature be restored and that at least one session be considered “on the square,” if it takes a special session to straighten out mattei-s, the Senators feel. This will ae the substance in the note to Jackson, which is now being worked out by the committee. Another executive session will he held to approve the committees communication.
told of how one of the jurors named Donovan later filed affidavits against Barlow and Milton and Vein Walburn, and the case is still pending. Barlow was tried and acquitted for the murder of “Tiny” Vox-hees. Dearth declared he did not tell Shaw he was cabled to the courthouse early in the election commissioners’ pay mandamus suit, which was settled before 8 a. m. It was his regular custom to come down early, he told the Senators. He admitted asking Court Reporter Charles White what was going on in the juryroom, but blamed this on Dale’s articles each Saturday, charging jury ix-regularities. Information regarding loose conditions at the county jail came to him from his chief probation officer, Mrs. Minnie Snyder, he declaxed. “One of the trusties was at home and while there was arrested again for bootlegging,” the judge declared. “Did you tell the gxand jury that unless they impeached Sheriff McCauley you would get a jury that would?” he was asked. “Not exactly,” the judge replied. "T did tell the foreman, Mr. Jester, that if thex-e was sufficient evidence they should indict, and that if not, I would take it up with the next grand jui-y.” He denied turning down Clell Maple when the Muncie manufacturer came to his house and asked assistance in cleaning up the town. In explaining his letter to the prosecutor asking that charges against McAuley be dropped he declaimed that he had learned that conditions at the jail had been remedied. The report of the Delaware County giand jury which investigated the murder of Edgar (Tiny) Vorhecs, declaring there was not sufflcent evidence to chai'ge Pete Barlow, Muncie faooh-oom operator with the crime, was introduced by the defense Tlie defense has made several attempts to introduce the jury report on the Vorhees ease. Found Murdered Vorhees was found murdered near Barlow’s pooli-oom. Police were charged with pi-otectlng Barlow’s place. Tlie State has brought out that three policemen’s wives served on the grand jury that Investigated. Defense witnesses that preceded Dearth were persons who had served at various times on juries 'in his court. r i hey testified to being personal and political friends of tlie judge. All declared that Dearth never tried to influence their decisions. They were: Mrs. Minnie Hollister; George Mills, Centex' Township, Delaware County deputy assessor; Charles M. Davis, assistant road uperintendent of Nil© Township: Carl G. Shaffer, Mrs. Grace O. Heaton and William E. O’Neill. Repi-esentative Deiph L. McKesson oi'dered Arch Hamilton, member of the Voorhees case grand Jury, brought back fox- cross-examination. He had gone home. He was on the stand late Monday when the State attempted to introduce the jury’s report and McKesson objected. Agi-eement Reached Sixty-five defense witnesses weie sworn Monday, at which time an agreement was made between defense counsel and the House of Representatives’ board of managers, in charge of prosecution, that not more than twelve chax-acter witnesses would be called for each eld*. Six character witnesses testified for the judge Monday afternoon, and several men and women who had served on Dearth juries. The jurors’ testimony brought out that almost without exception jurors in the Dearth court were of the same political and religious beliefs as the judge.
LOAN SHARKS IN ANOTHERSCHEME An effort to prevent “sharks” filing garnishee claims against Indi anapolis persons was made today by Deputy Prosecutor John L. Niblack. Jesse Binkley and Lee Moore, officials of the Marion Brokerage Company, were recently con vlcted in Criminal Court for usury after It was shown they collected large amounts of interest on loans According to information receive ! by Niblack the firm has transferred its accounts to another office of the company in Louisville, Ky., and filed two suits against Indianapolis residents. In a letter to W. W. Crawford, Pennsylvania Railroad attoi ney at Louisville, Niblack naked the matter be investigated.
