Indianapolis Times, Volume 39, Number 187, Indianapolis, Marion County, 14 December 1927 — Page 15
DEC. 14, 19 2T_
STOCKS START FIRM; RESUME LIST ADVANCES U. S. Steel, General Motors Continue to Lead Wall Street Gains.
Average Stock Prices
Average of twenty Industrials Tuesday was 198.05, up .70. Average of twenty rails was 141.38, up .87. Average of forty bonds was 99.29, up .01. Bn United, Pres* NEW YORK, Dec. 14.—Stocks opened steady to firm today and then resumed their advance with United States Steel and General Motors both gaining fractionally. Trading was very active. Railroad issues were very strong. Candian Pacific rose IV 2 points to 218, within a point of its record, while Missouri, Kansas & Texas preferrred reached new high ground for the year at 109%, up %. U. S. Rubber Active Active buying in United States Rubber followed verification from Wilmington late Tuesday of rumors that the Duponts had been heavy buyers of this stock. The issue rose half a point to 57%. Some selling was noted in special issues, including American Steel Foundries at 69, off 1, and L ews, 58%, off %. Reassured by Federal Reserve authorities regarding /the gold movement and optimistic reports of the trade outlook kept the forward movement going in impressive style in the early dealings. Although some disappointment was expressed over the corporation’s failure to take action on Gary’s successor, Steel common continued to make- an advance, gaining % point to 147%. Irregular at Noon Stocks moved with great irregularity around noon. Vigorous advances went ahead in individual stocks with Bethlehem Steel jumping 3% points to 59Vi, reflecting the belief the company would share sub-' stantially in the Government’s cruiser building program. Gold Dust broke sharply to 74% off 2% on the theory that its advance was running ahead of the improvement in the company’s earning power.
Banks and Exchange
INDIANAPOLIS STATEMENT LoCal bank clearings today were $5,239,000. Debits were $7,884,000. FOREIGN EXCHANGE Bill United Press NEW YORK, Dec. 14.—Foreign exchange opened lower. Demand sterling, $4.87 13-16. off .00 l-32c; francs, 3.93 7-16 c, off .00 l-16c; lira, 5.42%c; belga, 13.98 c, off 00%c; marks, 23.87 c, off .00 Vic. LIBERTY BONDS Dec. 14.—Liberty 3Vic opened at 102.14, up 1; Ist 4'/*s 103.11, up 1: 3rd 4%s 100.20, off 1; 4th 4Vis 103 31, unchanged; Treasury 4s 110.20, up 1; 3V*s 102.25, unchanged.
In the Stock Market
-(By Thomsen & McKinnon) NEW YORK, Dec. 14.—Actual developments on which to base bullish operations are not clearly apparent in this morning’s news survey. Nor or for that matter, is thehe anything to cause bearish demonstrations beyond what is already known of the ever menacing total of brokers loans. The sentiment itself is bullish and with large investors buying into well known companies there is a ten-, dency to accept such leadership as ("emonstrating faith in the* future. Trade indications while not particularly pfonounced point in the direction of better conditions after the first of year. Until there is some definite change in money conditions the market will continue to respond to the prevailing optimism.
Produce Markets
Butter (wholesale price)'—No. 1. 52® 53c; No. 3, 480 50c; packing stock. 22 023 c. Butterfat (buying price)—slos3c. Errs—No. 1 Iresn, averaging 24 ounces to floz., 45046 c: No. 2. 28030 c; general run, 40042 c. , Cheese (wholesale selling prices, per pound)—American loaf, 35038 c; pimento loal. 37ft.4Cc: brick loaf, 37@40c; Swiss No. 1. 42044 c; imported Swiss, 62c; Wisconsin flat, mild and sharp, 30c; print cream. 28®29c; flat display. 29@30e; ongliorn, 280129 c; New York limberger, 34c; Wisconsin limberger. 28@30c. Poultry (buying prices)—Hens. 19@20i; Leghorn hens, 13015 c; spring. 18021 c: leghorn springs. 14015 c; roosters, 10@ 12%c; turkeys, young toms, 38 040 c; young 1 ens, 38@40c; old toms. 25028 c; old hens, 32035 c; ducks, 15017 c; geese, 14@17c; guineas, young, 50c; old, 35c. Uu United Press NEW YORK, Dec. 14.—Flour—Quiet and ersler. Pork->-Dull; mess, $34.50. Lard— Easy: Midwest spot, $11.65011.75. Sugar —Raw, steady; shot 96 test delivered duty naid, 4.58 c; refined steady; granulated, 5.60 0 5.90 c. Coffee—Rio No. 7 on spit, 14%c; Santos No. 4, 21%022c. Tallow — •Steady; special to extra. 8%08%c. Hay -Firm; No. 1. $1.1001.15; No. 3. 800 'l3c: clover. 65c@$l. Dressed poultry Steady to Arm; turkeys. 30@52c; chickens. 10 037 c; broilers, 22@38c; capons, 30® 47c: fowls, 16031 c: ducks, 20030 c; Long Island ducks, 23@26c. Live poultry— Firm; geese, 22®23c: ducks, 14030 c; fowls, 15 030 c; turkeys, 35 0 45c; roosters, 14c; chickens, 17030 c; capons, 30c: broilers. 78 ft 35c. Butter—Firm: receipts, 6,451; creamery extra, 52c; special market, 52%@ 53c. Eggs—Steady; receipts, 10,549; nearby white fancy, 66@58c; nearby State white, 4S@sßc; fresh firsts, 44®48c; Pacific coasts. 50054 c: Western whites, 38052 c; nearby browns, 81® 62c. Bu United Press CHICAGO, Dec. 14.—Butter Receipts, 3,533; extras. 51c: extra firsts, 47%@490; firsts, 41’/*®44c; seconds, 37039%c: standards, 47%c. Eggs—Receipts, 2,030; firsts, 40c; ordinaries, 32 0 36c; seconds, 22028 c; o-tras, 30'/aft 31c. Cheese—Twins, 26%c; Young Americas. 28c. Poultry—Receipts. ) cars; heavy fowls. 23c; small fowls, 17ft 1 18%c; springs, 24c; heavy ducks, 23c; '••mail ducks, 18c; geese. 21c; turkeys, 30 ®3SC; roosters, 18c. Potatoes—Arrivals. 37; on track. 229; in transit. 641; Wisconsin sacked round whites, $1.5001.65; Idaho sacked Russets, No. 1. $1.5501.70; partly frozen stock, $1.1001.50. Sweet potatoes —51.5002.
Local Wagon Wheat
Local grain elevators are paying $1.29 for No. 2 red wheat. Other grades are purchased on their merits. Railroad to Issue Bonds B- United Press WASHINGTON, Dec. 14.—The Cleveland, Cincinnati, Chicago & st. Louis Railway asked the InCerstate Commerce Commission for authority to issue $15,000,000 of improvement motygage 4% per cent bon>-. The line reported it was negotiating with J. P. Morgan & Cos., and hoped to dispose of the bonds at 97.5.
New York Stocks Bv Thomson A McKinnon ' '
—Dec. 14Railroads— Prev. High. Low. 12:00. close. Atchison 193 192 ‘/a 193 193% Atl Coast L ... 192% ... 192% 192% B & O 119% ... 119 119 Vs Can Pacific ... 218% 217% 217% 216% C & O 207% C& N W 88% 88% 88% 89% C R I& P 108% ... 108% 108 Del in Hud 189% 189 189% 188 Del & Lack ... 139% ... 139 137 Erie 62'/, ... 62 82% Erie Ist pfd .... 62% ... 62% Gt North Dfd.... 99% 99% 99% 99% Lehigh VaT ..... 96% ... 96% 96% K C Southern .. 61 Vi ... 61 % 61% L & N 151% MK & T 42% ... 42% 42 Mo Pac pfd ... 113% 113% 113 Vs 113% N Y Central .. 162% 162 162 162 NYNH &H .. 59% 58% 58% 58 Nor Pacific 99Vi ... 99 99 Nor <& West .. 109% 193% 193% 194%, Pere Marq H 6 Pennsy 65 64% 65 64% Reading 107 ... 107 107 Vi Southern Ry .. 146% 146% 146% 147% Southern Pac ..124Vi 123% 124% St Paul 18% 18% 18Vi 18% St Paul cfd .... 34% 34% 34% 34% St L& 8 W ... 79% 78% 79% 79% St L & S F ... 108% ... 108% 107% Union Pac 193% ... 193% 193 Vi Wabash 66% 66 66 67 Wabash pfd 931/. Rubbers— '* Ajax 11 ... 10% a Fisk 16 ... 16 15% Goodrich 93% ... 92% 93% Goodyear 58% ... 59% 59% Kelly Spgfld 37% U S Rubber .... 57% 57 57% 57% Equipments— Am Car and Fd 103 ... 103 103% Amer Loco .... 107 ... 107 107% Am Stl Fdy .... 69% 66% 67 70 Bald Loco ~, 252 Oen Elec 133 7 /b 133 133 Ya 133% a* *u * • • • 54 \\ 56 N Y Airbrake .... ... \ 43% Pres Stl Car . 7044 Pullman 81% ... 81% 81% Wsth A B 47 46% 47 48% Wsth Elec 90% ... 90% 90% Steels—gefhle .. 56% 56V* 56% 56 Colo Fuel 83% 82% 82% 83% Crucible 87% ... 87% 87% Gulf St Steel ..54% 54% 53% Inland Steel 54 ... 54 55 Phil RC & 1.... 40 39% 4040% 8MT 1 .. 59 59 x *? 145 J* ‘ft Vanadium 58% 57% 58% 57% Motors— Amer Bosch .. 22 Chandler 18% ... 18% 16% Chrysler 61% 60% 61 60% Coni; Motors .... 11 io% li 10% £°£se 1% 19% 19 V* Gabriel .*31% ... 31% 31% Gen Motors ....129% 128% 129 129% Hudson 74 % 73% 73 '/a 73 •n 16 ... 15% 15% MaCK 109 Vi 109 109 Vi 108% Yellow C 34 33% 33% 34 Moon ...7% ... 6% 7 Nash 98 ... 971. 97% Packard 57% 56% 57 57% Peerless 24% 23% 24 24% Pierce Arr 14% ... 14 14% fludebkr 61% 60% 80% 60% Stew War 81% 81 Vi 81% 81% Timken 132 131% 132 131 V. Willys-Ovenand 17% 16% 16% 16% White Motors .37 ... 37 37 Mining— Amer Smelt ... 174 ... 174 173% Anaconda 52% 52% 52% 52 % Cer De Pas 65% ... 65V* 65% Inspir 20 ... 20 20 Hit Nick 75% 73% 74% 75% Kennec 82% ... 82 81% Magma ........ 50% ... 49% 50% Tex G <5? 5u1.... 78',i 77% 77% 77% US Smelt 46% 46 46 46% Oils— At Ref 108% ... 108% 108 gal Pete 23% ... 23% 23% Frep Texas ....103% 103 103% 102 Houston 157% ... 157 157 I?dpt Oil 25% ... 25% 25% Marland C ... 34% ... 33% 34 Mid C Pete .... 27% ... 27% 27% Lago 32% 32% 32% 33% Pan-Am Pete B. 44% 44% 44% 44% Pro & Reis 25 Phil Pete 40Vi 40% 40% 41 Union OH 43 ... 43 42% Pure Oil 1./ . . 26 R'y'l Dutch 47',i ... 47% 47% sheii 25% ::: 25% 25% Sinclair 17% .... 17% 17 ! !ce A ly ••• 25% 25% S O of Cal 55 SOOf N J 39% 39% 39Vi 39% SOof N Y 31 Vi ... 31'/* 31% Texas Cos 53 ... 53 .52% Tra.ns Pete 9% 9% 9% 9% Whl Eagle 22 ... 22 Industrials— • Adv Rumly 12% Allis Chaim 115% ... 115% 115 Allied Chem 152% ... 152 152 Armour A 10% ... 10% 10V4 Amn Can 71% 71% 71% 72 Am H-L pfd 67% Am Safety R... 57V4 ... 57Vi 57 Am Wool .. ' ... 21% Am Linseed .... 67 66% 67 67% Coco Cola 129 V* Cont Cun 84% ... 83% 84 Cert Prods 53% Dav Chem .... 43% 41% 43 41% Dupont 316% Famous PI 110% ... 110 109% Gen Asphlt ... 77% ... 77% 78'/i Int C Engr 55% 54% 55 53% Int Paper 76% 75% 76% 76 Int Harv .......243 ... 243 242% May D Sta 86% Mont Ward ....117% 116% 116% 116% Nat Lead 132% Owen Bot 84 ... 84 83% Radio 88% 87% 88 87% Real Silk 23 ... 22% 23% Rem Type 24 ... 24 24% Sears-Roeb 87% 86% 86% 86% United Drug 192% 191% 192% 191 Univ Pipe 26% 26 26% 26 U S C I P 219 218% 219 217 U S In A1 106% ... 105% 106 Woolworth 192% 192% 192% 193 Utilities— Am T and T. ...182% 182% 182’/* 182% Am Express * 171 Am W W 61% 60 60% 60% Brklyn Man 57% 56% 57 % 56% Col Gas & E 1... 92 91 Vi 91% 92% Cons Gas 91% ... 91% 117% Interboro 34% No Am Cos 60% 59% 60 59% Peoples G.j 162% •• 162% 162 Fhila Cos .149% 142% 149% 142% S Oas &El 60'/ 59’/* 60 59% Utilities Power 29% West Union 171% ... 171% 171’/* Shinping— Am In Corp.... 58 57% 57’/* 58% Am Sand C.... 3 ... 33 Atlantic G 38 ... 38 38% In M M pfd 41 United Fruit 139 Foods— Am Sugar 73 ~, 72% 72 A B Sugar 17V* Austin N 4% ... 4% 4% Beech N 69V* ... 69% 68% Calif Pkg 74% ... 74% 73% Corn Prods 64% Cuba C pfd 30 % Cuba A Sugar.. 19% 19'/* 19'/* 19% Fleischmann 67% Jewel Tea ... 82 Nat Biscuit 178 177% 178 177% Punta Ale 30 ... 30 30% Postum 120 Vi WBk (B) 28% ... 28’/* 28% Tobacco*— Am Suma 63% ... 63% 63% Amer Tob 175’/* Am T (B) 176% Cons Cigars ... 84'/* 84 84 84 Gen Cigars .... 73% 73% 73% 73 Liggett 122% Lorlllard 40 39% 4040% R J Rey 157% ... 157% 157% Tob P (B) 118 115% 118 118 U Cig Stores.... 35% 35 35% 34% Schulte R S .... 54V* ... 53% 55
In the Cotton Market
(By Thomson & McKinnon) NEW YORK, Dec. 14.—Liquidation and short selling put the market down. The trade still buys on breaks, but not as generously as they did higher up. The trouble with the market Is that bullish news, mostly statistical, is getting state, while curtailment Is new and may go further than we think now. In my opinion the market is still a good sale on all hard spots. Bn United Press NEW YORK, Dec. 14.—The cotton market opened higher. December 18.40, up .22; Januar 18.45, up .29; March 18.70, up .32; May. 18.87, up .36; July, 18.85. HERO’S MEDAL STOLEN Valuable Papers Taken In Purse Snatched by Negro. A purse containing her husband’s Army discharges, a medal for bravery and other valuable papers were stolen from Mrs. Bertha McIntosh, Detroit, Mich., by a Negro, who'seized the purse dangling from her arm near St. Clair and Meridian Sts., Tuesday night. Railway to Issue New Stock Bv United Press WASHINGTON, Dec.* 14.—The Atchison, Topeka & Santa Fe Railway applied to the Interstate Commerce Commission today for authority to issue 92,964 shares of new common stock, to be offered to present common stock holders of Jan. 27, 1928, record, on the basis of one share of new stock to each holder of 25 shares of old stock. The new issue will be sold at par for cash, the proceeds to be applied to paying off certain underlying bonds.
PORKERS UP 25 CENTS;REGAIN TUESDAY DROP 1 Receipts Down as Top Goes to $8.65 at Local Yards Today. —Hog Price Range— Dec. Bulk. Top. Receipts. 7. 8 25ft) 8.85 8.85 9.500 8. 8,65 ft! 8.90 8.90 8,500 9. 8.75® 9.10 9.10 9,500 10. 8.50® 8.85 8.85 10,000 12. 8.25® B.CO 8.85 8.000 13. 7.75® 8.35 8.35 11.000 14. 8.50® 8.65 8.65 6.000 The 20-cent drop of Tuesday was recovered at the Indianapolis Uniorv Stockyards with a 25-cent higher market today. The top was $8.65 per hundred pounds and the bulk price for animals weighing 170 pounds up was $8.60. Receipts were lower with 6,500 in the pens, 500 of which were holdovers. The Chicago market opened slow, bidding steady to strong with Tuesday’s overages. The bid on choice butchers was $8.45. About 25,000 were received, and 8,000 held over. Vealers were down 50 cents today at the local yards following a like drop Tuesday. Other livestock was about steady. Hog Price Range Heavy animals in the 250-350 and 200-250-pound classes were up 30 to 35 cents selling at [email protected]. Middle weight material, 160-200 pounds, brought $8.50® 8.60, up .25 to 50 cents. Light animals weighing 130160 pounds sold 25 to 50 cents higher at [email protected] and pigs, 90-130 pounds, were up 50 cents on the low end of the range selling at $7.50@ 7.75. Packing sows brought s7@ 7.75. • Cattle was steady, to strong in the beef steer section, where the price was about $1.25 -higher at $11.75® 16.75. Beef cows were unchanged at [email protected]. Low cutter and cutter cows went at $4.5706, and bulk jtock and feeder steers brought $7.50@9. About 900 were received. Calves Off Best vealers sold at $14.50® 15, 50 cents lower, and heavy calves went unchanged at $6.5009.50. Receipts were estimated at 600. Sheep and lambs were steady to strong with 300 in the pens. The top was quoted at sl4 and the bulk sold at [email protected], up 25 to 50 cents. Bulk cull lambs were unchanged at $7.50® 10, and fat ewes went at $4.50®6.50. -Ho**— Recelps, 6,000; market hiyher. 250-350 lbs $8.60® 8.65 200-250 lbs 8.60® 8.?5 160-200 lbs 8.50® 8.60 130-160 lbs B.oo® 8.50 90-130 lbs B.oo® 8.50 Packing sows 7.50® 7.75 -CattleReceipts. 900; market steady to strong. Beef steers $11.75® 16.75 gees cows 7.00® 9.50 ow cutter and cutter cows.. 4.75® 6.00 Bulk stock and feeder steers.. 7.50® 9.00 —Calves— Receipts. 600; market, lower. Best vealers $14.50ft 15.00 Heavy calve.; 6.50® 9.60 —Sheep and Lambs— N Receipts, 300; market steady to strong. on fat lambs $14.00 Bulk fat lambs 13.50® 13.75 Bulk cull lambs] 7.50 ft 10.50 Pat ewes 4.50® 6.50 Other Livestock Bn United Press CHICAGO. Dec. 14—Cattle—Receipts. 12,000: fat steers 25c lower; yearlings expected to show more decline: steer trade almost at a standstill; killing quality plain; bulk of value to sell at sl4 50 downward; yearling supply fairly liberal; shestock and bulls steady; Vealers 50c lower; meaty feeder steers tending lower; light Stockers scarce; general trade on replacement cattle weakening; most low cutter cows around $5.15' heavy sausage bulls, $7.75@8. Sheep—Receipts. 15,000; unevenly strong to 25c higher on light and handywelght fat lambs: seevral loads 76-80-lb. averages, lacking finish. $13.75® 13.90; choice kinds held at $14.25: practically nothing doing on hsndyweights: shippers and feeders around steaciy. Hogs (soft or oily hogs and roasting pigs excluded!—Receipts. 25.000: market genera'ly steady to s®loc up: .heavyweight, 353-350-lb. medium to choice, $8ft3.45; n'ndt"mweight 200-250-lb. medium to choice, $7.90 @8.45: lightweight 160-200-lb. common to choice, s7.soft 8.15; light lights 130-160-lb. .common to choice, $7.10ft7.90: packing •sows, smooth and rough, [email protected]: slaughter pigs, 90-130-lb. medium to choice, $6.75 @7.50. I ' Bu Times Special LOUISVILLE. Dec. 14.—Hogs—Receipts, 800; market 20c higher; best medium and heavy hoes, $8.20 to $8.60: lights and pigs. [email protected]: throwouts and stage, $6.20® 6.95. Cattle—Receipts, 300; market steady; calves, recenpts, 200; market 50c lower; good to choice, $11.50013.50; medium to good. $9.50 to $11.50: outs. $9.50 down. Sreep—Receipts. 50; market steady: top lambs, sl2 to $12.50; seconds, $709; sheep, $4 0 6.50. Tuesday's shipments: Cattle. 95; calves. 194; hogs none; sheep none. Bu United Press EAST BUFFALO. Dec. 14—Hogs L_celpts, 1.600: holdovers. 1.133; market steady to 10c up; 250 to 350 lbs.. sß.7sft) 8.85; 200 to 250 lbs., $8.65ft8.85; 160 to 200 lbs., $8.50ft8.75: 130 to 160 lbs.. [email protected]: 90 to 130 lbs., $7.75@8: packing sows, s7(fi 7.50. Cattle—Receipts, 300; calves, receipts, 150: market 25c down; calves strong: - beef steers. [email protected]; vealers. $16016.50. Sheep—Receipts. 800: market slow, weak to 35c down; bulk fat lambs, $14.25; bulk cull lambs, $11@12; bulf fat ewes, $6.50 07.50. Bn United Press PITTSBURGH. Dec. 14.—Hogs—Receipts, 3,500; market, strong to 5c up; 256-350 lbs., $8.6508.75; 200-250 lbs.. $8.6508.75; 160200 lbs., $8.5008.75: 130-160 lbs., sß® 8.C5; 90-130 lbs., $808.25; packing sows, $707.75. Cattle—Receipts, 60. Calves— Receipts, 125; market, fully stead •; baef steers quotable. sllft 14.25; veelers." $14.50 @16.50. Sheep—Receipts, 500: market, steady to weak; top fat lambs. $14.75; "bulk aft ihmbs, sl3® 14.50; bulk cull lambs. $8 010. Bji United Press CLEVELAND, Dec;. 14—Hogs—Receipts, 2,500; market, steady: 250-350 lbs., $8.75; 200-250 lbs., $8.75; 160-200 lbs.. [email protected]; 130-160 lbs., $8ft8.65; 90-130 lbs., $808.25; packing sows, $7.2507.75. Cattle—Receipts, 350. calves—Receipts, 300; market, steers 25c to 40c down; beef steers, [email protected]; beef cows, $6.5008.25: low cutter and cutter cows, $4.75@6. Sheep—Receipts, 1,500; market, steady 25c down; top fat lambs, $14.50; bulk fat lambs, $14014.50; bulk cull lambs, $11012; bulk fat ewes. $506.50. Bn United Press EAST ST. LOUIS. Dec. 14—Hogs—Receipts, 11,000; holdovers. 3,917: market. 5 to 10c lower: 250-350 lbs., SB(7/ 8.35: 200250 lbs.. 58.1508.35; 200-250 lbs., $8,150 8.35: 160-200 lbs.. SBftß.3o: 130-160 lbs., 57.2608.15; 90-130 lbs., $8.7507.7?: packing sows. $6.7507.40. Cattle—Receipts, 4 000. Calves—Receipts. 1.500: market, steady to 250 lower on steers; beef steers, $10.60ft!12.65; light Yearlings and heifers. $8.50010.50; beef cows, $6.50 08; low cutter •cutter cows, $4.7505.75; vealers. $14.75: heavy calvers, $6.50 0 9.50; bulk stock and feeder steers, $609. Sheep—Receipts, 1,200; market. Indications steady; top fat lambs, $13.50; bulk fat lambs. $13013.25; bulk cull iambs, $9; bulk fat ewes, $506. Bu United Press CINCINNATI, Dec. 14.—Hogs—Receipts, 3.500; holdovers 1,000; market steady to 15c up: 250-354 lbs.. $8.25 08.80 : 200-250 lbs.. $8.6508.90; 160-200 lbs.. $8.25 0 8.80; 130-160 lbs., $7.7508.25: 90-130 lbs., S7O 8; packing sows. $6.75ft7.25. Cattle—Receipts, 550; calves, receipts 450: market, veals 50c down; beef strers. s9® 14; light yearling steers and heifers, sß® 13: beef cows. $8.50 08.75: low cutter and cutter cows, s4.7sft' 5.75: vealers. $11014.50: heavy calves. $lO 013; bulk stock and feeder steers. $3.50® 9.60. Sheep—Receipts, 400: market steady: top fat lambs. sl4; bulk fat lambs, slo® 13.50; bulk cull lambs, s7®9; bulk fat ewee, s4® 8. B.u United Press TOLEDO, Dec. 14.—Hogs—Receipts. 900; market 10025 c up; heavies. $8.4008.65; mediums, $8.25 0 8.50; Yorkers, $8.1008.40; Bood pigs, $7.1007.75. Cattle—Receipts, ght: market slow. Calves—Receipts, light: market steady. Sheep and lambs— Receipts, light; market sjow.
THE INDIANAPOLIS TIMES
In the Sugar Market
(By Thomson & McKinnon) NEW YORK. Dec. 14.—Confusion as to when grinding will begin continues to disturb the sugar futures market. Unless there is an official decree placing the date at Jan. 15, the previous decree fixing Jan. 1 will remain In force. However, as Colonel Tarafa is due home shortly, the probability is that the situation will be cleared up with his arrival. In the meantime the market continues unsettled In all departments. Bn United Press NEW YORK, Dec. 14.—Sugar futures opened 1 point to 2 points higher. December. 2.76 bid; January, 2.79: March. 2.83; May. 2.91; July, 2.99; September, 3.08.
Indianapolis Stocks
—Dec. 14— —Stocks— Bid. Ask. Amer Central Life 500 Amer Creosotlng Cos pfd 102 103 Belt R R com 67% ,69 Belt R R pfd 59% \.. Cent Ind Power Cos pfd 93 95 V* Cities Service Cos com 52 % ... Cities Service Cos pfd 94% ... Citizens Gas Cos com 56'/* 58 Citizens Gas Cos pfd 106% ... Commonwealth Loan Cos pfd ..99 ... Equitable Securities Cos com. 51 Hook Drug com 30% ... Indlann Hotel com (Claypool) .125 Indiana Hotel pfd <....101 Indiana Set vice Corp pfd 85 Indianapolis Gas com 61% 63% Inripls & Northwestern pfd ... 53 Indpls P & L 6Vis pfd 102'/* 103% Indpls, P & L 7s pfd 101% 102' i Indpls Pub Wei Ln Ass n 47% ... Indianapolis St Ry pfd 33% 41% Indpls Water Cos pfd 103 Indpls Water Wks Sec Cos 98 Interstate PS pr lien pfd 103% 105 Interstate P S 6s pfd 86% Merchants Pub Util pfd 100 North Ind Pub Service pfd ... 99 101 Progress Laundry com 25 Vi Rauh Fertilizer pfd po 4 ... Real “Bilk Hosiery pfd T H I & E com i T H I & E pfd 32 T H Trac and Lt Cos pfd .... 92 Union Trac of led com y. Union Trac of Ind Ist pfd 1 Union Trac of Ind 24 pfd % Union Title Cos com .7. 84 Van Camp Pack Cos pfd 10 Van Camp Prod Ist pfd 96 'IOO Van Camp Prod 2d pfd u? —Bank Stocks— Aetna Trust and Sav Cos 120 Bankers Trust Cos 140 City Trust Cos 150 Continental National 123 Farmers Trust Cos 245 Fidelity Trust Cos .. _ 102 . Fletcher American 177 Fletcher Sav and Trust C0....275 Indiana National Bank 265 268 Indiana Trust Cos 237 ' 257 Livestock Ex Bank 162 172 Marlon County Bank 216 Merchants Nat Bank 328 Peoples Statl Bank 235 Security Trust Cos . .• 275 State Savings and Trust ioo Union Trust Company 480 . . Wash Bank and Trust Cos 163% ... Bonds Be tR R arid Stockyards 4s ... 90% ... Btoad Rlppie 5s 80% -entral Indiana Gas 6s .... 98 Cent Ind Power Cos 6s 103 Chi S Bend & N Ind 5s 18 Citizens Gas Cos 5s 104 iO7 Citizens St RR. 5s 87% 88 Gary St Ry 5s 88 9ji,4 Home T & T of Ft W 6s 103 Vi Indiana Hotel 5s 100 Indiana Northern 2 5 Indpls Northern 5s 12 13 Ind Ry and Lt 5s 95 Ind Service Corp 5s 95 Ind Union Trac 5s 2 ... Indpls Col & South 6s 99 ioi Indpls Gas Cos 5s 101% 102'% Indpls & Martinsville 6s 81 81% Indpls Northern 5 s 12% 14 Indpls & Northwestern 5s ... 81 Indpls Power and Lt Cos 5s ...100% 100% Indpls St Ry 4s 67% 68% Indpls Trac & Term 5s 95% 96'/* Indpls Union Ry 5s 102% .. Indpls Water 5%s 104*/a . Indpls Water Ist 5s 99 Indpls Water 4Vis 97'% ... Indpls Water Wk Sec Cos 65... 100 Interstate Pub S 6s 104 Interstate Pub S Bs 6%s 105% ... N Ind Pub Serv Cos 5s 99% T H I & E 5s 83 ! * T H Trac and Light 5s 90 Union Trac of Ind 6s 11 14 •Ex-dividend. —Liberty Bonds— Liberty Loan Ist 3%s 102.42 102 60 Liberty Loan Ist 4%s 103.42 103 60 Liberty Loan 3d 4'/is 100.60 100.76 Liberty Loan 4th 4',is 104.00 104.14 U S Treasury 4%s 114.64 114.82 U S Treasury 4s 110.56 110.80 U S Treasury 3%s 107.50 107.74 T J S Treasury :)%s 100 04 100.20 U S Treasury 3%s 102.70 103 90
Commission Row
PRICE TO RETAILERS FRUITS Apples—Fancy barrel apples; Jonatbans. $8.5009: Bellflov/ers. $7.50; Staymans. $8.50 @9; Grimes Golden. $9; R. I. Greenings. $8: Kings. SB. Barrel apples; Grimes Golden. s7.soft 8; Bellflowers, $6; Baldwins, $5 7506; Wagners. $5.7506; Jonathan. $7; Wlnesaps, $6. Box apples: Delicious, s4@> 4.75: Grimes Golden. $2.50ft3.50; Jonathans, $3 0 3.25; Staymens. $3.2503.75. Bas-(4o-lb. baskets): Jonathans. $2.500 3: Grimes Golden. 2.50 0 2.75Delicious. $3.25; Wolf River, $2.75 @3: 20-ounce Pippin, $2.50; staymens. s2.soft 2.75: cooking apples. 2: York Imperials. B grade, 51.75: Staymans. B grade. $1.85; Grimes. B grade,' $2.25; Senator. $2 50: Northern Spvs. $3: Rome Beauties, $2.75: Baldwins. $2.50; R. I. Greenings. $2.75. Bananas—6@Be lb. Berries—Cranberries. sloft U one-half barre.. Grapefruit—Florida. $4ft4.75 crate. Grapes—Californit Emperors. $6 keg; $2.250 2.50 lug: California Almeria. $2.75 lug. Kumquats— Florida, 20c quart. Lemons—California, sßft 9 crate. Limes—Jamaica. $3 per 100. Oranges—California Navels, $4.7508.50 crate; Florida. $4.25 0 4.75 per crate. Pears-—Washington Bose. $6.25 per box; Florida Avocados, *5 per dozen; Washington D’AnJous, $6 box. Tangerenes—Florida. $3.75 0 4.35 a crate. VEGETABLES Artichokes—California, $2 per dozen. Beans—Southern. $2.25 02.50. Beets—l bu. Brussels Sp-outs—2sc lb. Cabbage-H. 0.. l%®2c lb. Carrots—slol.2s bu. bu. Cauliflower—California. $2.75 crate. Celery—Michigan. $1.35 flat crate: Michigan rough, $3 ner 2-3 crate: Michigan washed, 50c®1 doz. Celery Cabbeve—sl 25 doz. Cucumbers—Hothouse, $2.25 doz.: southern. $1.25 doz.: Florida. $6 crate. Eggplant—H. G.. $2 doz. Endive—so doz. Kale—H. G.. $1 bu. Leek—soc bunch. Lettuce—California, head. $5®6.50 crate; hothouse, leaf, $2.25 15 lbs. Vlushrooms—7sc lb Onions—Spanish. $2.3502.50 crate: Indiana white, $2.50 ner 100-lb. bag; Indiana yellow, $2 per 100-lb. bag. Oysterplant—soc doz. Parsley—6oc doz. bunches. Parsnips—sl.so bu. Peas—California telephone,: 8.50 hamper. Peppers—Firte-s. 75c peck: Florida mangoes. $4 crate. Potatoes—Michigan white. $3 150 lbs.: Minnesota Russets. $2.40 120 lbs.: Minnesota Red River Ohios. $2 25 120 lbs.: $2 40 wt. Radishes —Hothouse buttons, 90c dozen; B(v'the-n long red. 35c cozen. Rutabagas—sl.7s per cwt. Shallots—7sc doz. Spinach—H. 0.. $1.2501.50 bu. Sweet Potatoes diums. $1.50 bu.: Indiana Jerseys. $2.25 bu.: Nancy Hall, $1.60 hamper. Tomatoes—Hothouse. $3.50 per 10 lbs. Turnips—H. G.. 86c bu. MISCELLANEOUS Cider—New York. $5.50. 14 gal. keg; $4.50. 6 gal. case: $4.75. 12% gal. Jar. Cocoanuts—s6 per 100. Garlic—lsc per lb. Oysters—Standards. $2.50 gal.: selec a $2.75 gal. Squash—Hubbard. $3.50 bbl. HOLIDAY SUPPLIES Cedar Roping—sl.2s per 20-yard roll. Houy—Wreaths. $1.75 per doz.: loose. *6 pr- cuse Laurel Roping—sl.so per 20-ysrd coll. I.vcnnodiurr ;t .25. 20 vnro roll. Mistletoe—sl.so per 10-lb. case. - Trees—Vermont spruce. S3OIO. singles; $2.25. bundles of 2 and 3; $2.50. bundles of 4. 5 mi 6. Tree Holders—Wooden cross pieces, $1.75 per 25 paid; metal holders, $7.5009 per dozen. Typewriter Merger Considered Bu United Press NEW YORK, Dec. 14.—Stockholders of Underwood Typewriter Company meet here Thursday to vote on merger with Elliott-Fisher Company by an exchange of stock, seven shares of Underwood for one of El-liott-Fisher. Curtain Knocks Out Actor Bu United Press NEW YORK, Dec. 14.—Alexander Moissi, hailed -as the John Barrymore of Germany, was knocked out when the first act curtain descended upon his head. After medical treatment, however, he resumed his role.
WHEAT STARTS STRONG; RALLY FAILSJNNEWS Grains React Slightly From Tuesday’s Decline at Chicago. Bn United Press CHICAGO, Dec. 14.—There was a general slight reaction to Tuesday’s decline in all grains, during today’s session on the Chicago Board of Trade. The opening in wheat showed a stronger tendency, but there was little in the news to induce a rally. About mid-season interest slowed, and trading became dull, with weaker trend. Canadian wheat was reported worked last night. There was no call, however, for American wheat. Com worked in a narrow range, declining a little early in the day, but gaining a fraction on a rally before mid-session. General sentiment was bearish, although even the bears were cautious. The country movement was reported increasing. Receipts were 128 cars and cash corn was unchanged. Oats held their gains ln a quiet session. The news was mainly bullish. Receipts were 29 cars. Cash oats practically unchanged. Provisions worked higher. Chicago Grain Table —Dec. 14— Prev WHEAT—* High. Low. 12:00. close. U"C 1.27 1.26 1 26% 1 20% Mav 1.31% 1.30% 1.31V* 1.31% CORN— Pec 86 .84** .85% .85% May 93% .92% .03% .92% OATS— Dec 52% .51% .52% .51% M®r 54% .53*-i .54% .54% May 56% .55% .58'% .58% Uec 1.07% 1.06 1.07% 1.06% Mar 1.08% 1.07% 108 1.07** •Mar 1.08% 1.07% 1.08% |.07% LARD— Dec 11.10 11.10 11.10 Jj” U 2 11.72 11.82 11.70 May 12.22 12.12 12.22 12.07 RIBS— Ja n 11.05 Bu Times Speeial SAW STRIPS HOOSIER WHO ESCAPES UNHURT Shivering Greensburg Mill Worker Grabbed Post in Time. Bu United Prc&n GREENSBURG, Ind., Dec. 14. Lawrence Hutchinson, 30, of this city, had a narrow escape from death by being ground in the wheels of machinery, and had it not been for considerable sacrifice on the part of his fellow workmen he might have frozen. While sweeping sawdust from one of the mill sat the Garland Milling Company, where he is employed, Hutchinson got a little too close to the machinery and was nearly drawn into the teeth of the large cogwheels. Only his presence of mind enabled him to grasp a large post and hold himself from the whirling saw. Hutchinson kept himself out of the machinery but all his clothing was torn from his body. Several men came and coaxed the quivering man down from the post and sacrificed part of their clothing. He was taken home shivering but unhurt.
Gone, but Not Forgotten
Automobiles reported stolen to police belong to: Sherman Robinson, 609 S. Meridian St., Ford, 536-772, from 2000 S. East St. George H. Kerr, Noblesville, Ind., Oakland, 414-839, from Shelbyville, Ind.
BACK HOME AGAIN
Automobiles reported found by police belong to: Harry Swope, 834 N. East St., Chevrolet, at Senate Ave. and Missouri St. James Montgomery, 531 Vinton St., Ford, at Meridian and Morris Sts. Paige sedan, license 26-827, at Capito’ Ave. and Ray St. Milton Bryan, R. R. 4, Box 306, Ford truck, at Pennsylvania ana Georgia Sts. R. Wolf Company, 581 N. Capitol Ave., Elcar, found at Twenty-Thira St. and Ashland Ave. MRS. BARROWS BURIED Funeral Held at Connersville, Where She Lived 45 Years. Mrs. Mary Barrows, 80, who died Monday at the home of her daughter, Mrs< Arthur Dixon, 537 S. Central Ct., was buried this afternoon at the Daleview cemetery, Connersvilie. Funeral services were held at the Comersville First M. E. Church. She* was the widow of Alvin E. Barrows, president of the Central State Bank of Connersville, and lived there forty-five years. She came to Indianapolis about eighteen months ago. Besides Mrs. Dixon, surviving are two sons, Burton M. Barrows, vice president of the McFarland Motor Corporation, Connersville, and Frederick L. Barrows, Indianapolis, vice president and general manager of the National Cab and Truck Company. Cleared in Perjury Case Bu United Press BEDFORD. Ind., Dec. 14.—Antheus Dickey was found not guilty on charge of subornation of perjury here Tuesday night after two-day trial before a jury. The case was given to the jury at 4:50 Tuesday night, and the verdict was returned at 9 o’clock. Dickey was charged with falsely testifying in his case against the Baltimore & Ohio Railroad Company last January. He was indicted by a grand jury last October.
City News Told Briefly
New director?, and officers will be presented and several business matters discussed at the Real Estate Board luncheon at the Chamber of Commerce Thursday. The board will hold its annual Christinas jollification at the Columbia Club Dec. 22. Arthur S. Overbay of the Typographic Service will discuss the use of better typography in advertising at the Advertising Club luncheon gt the Spink-Arms Thursday. Thirty-three members of the Indianapolis Home Builders Association returned Tuesday night from Louisville, Ky., where they inspected the Standard Sanitary Manufacturing Company plant. The company makes plumbing equipment. Dr. Edwin L. House, lecturerauthor, will talk on behavior at a bean supper tonight at the Y. M. C. A. All men are invited. All officers of the Hoosier Association of Finance Companies have been re-elected, it was announced today by Paul Jones of Marion, sec-retary-treasurer. The officers are: Vint Jones of Muncie, president, and R. H. Weir of Scottsburg, vice president. Monthly luncheon of the Indianapolis alumni of Butler University will be held at the Columbia Club Thursday. Xylophone solos will be given by Miss Imogene Pierson, Butler student. John J. Mitchell, Jr., will preside. George A. Schumaker of the English department is chairman of the program committee. Indianapolis business men are the incorporators of anew concern to manufacture and sell pressed metal and other stampings, according to the articles of incorporation filed with the secretary of State by the Oakes-Swenson Company. Capitalization is placed at $15,00 and the incorporators are: J. L. Gavin, Carl G. Swenson, Parry Oakes and Addison Parry. , Governor Ed Jackson has appointed Howard S. Grimm of Argola prosecuting attorney for tho Seventy-fifth judicial district, comprising Dekalb County and created at the last session of Legislature. Grimm will take office Jan. 1. Several new Rotary Club charters are to be granted soon in Indiana, Charles O. Grafton, Muncie, district governor, told Indianapolis Rotarians Tuesday at the Claypool. First concert of the season of the Seventh Christian Church, Udell and Annette Sts., was held Tuesday night. The next is scheduled for Dec. 18. Miss Freda Hughes and chorus of forty sang. Dr. J. E. Washburn, Chicago, will give an illustrated lecture on Bolivia at the Capitol Ave. Methodist Church, Thursday night. Pastor Joseph G. Moore has announced. Washburn served sixteen years as president of the American Institute of Bolivia. James Bradford today headed the Riverside Civic Association, Inc. He Succeeds John Mutchler. Others elected Tuesday night at the South Grove clubhouse: Everett Smith, vice president; Mrs. Evelyn Watts, secretary, and Galan T. Doyal, treasurer. Two hundred and seventy-five attended a venison dinner at Meridian Heights Presbyterian Church Tuesday night. Albert Stump spoke. Deer served was shot by E. L. Hamlin and C. E. Hemphill, members of the men’s Bible class. The class quartet, James G. Murray, Fred Palmer, L. B. Warner and Dale Griffin, sang, accompanied by Mrs. James G. H. E. Flavens was toastmaster. A trombone is the latest Instrument added to the orchestra of musical thieves. It was stolen from Shortridge High School and belonged to Derwin Sweet, 1350 W. Thirty-Fourth St„ a student. Marion Council, 738, S. B. A., win hold a benefit euchre and bridge party tonight at its hall, 116 E. Maryland St., fourth floor. C. L. Harrod, Chamber of Commerce general manager, will discuss
LETTER CARRIERS TO INSTALL JANUARY 10 Officers of Postal Local Named at Session. Officers of the Indianapolis local, National Association of Letter Carriers, elected Tuesday night, will be installed Jan. 10. New officers are L. D. Wadsworth, president; Edward L. Minnick, vice president; John Stetler, recordingsecretgxy; William McCutcheon, financial secretary; Charles Shellenberg, treasurer; W. T. Minnick, sergeant-at-arms; F. J. Hildebrandt, O. A. Collins and J. E. Eastes, trustees; Charles Sammis, collector for the Mutual Benefit Association; I. F. Mathews, president of the local sick benefit fund; Claude Franklin, clerk for the National Sick Benefit Association, and Hurley Stonebraker, chairman Mutual Benefit Club. Auxiliary officers named are Mrs. J. S. Bates, president; Mrs. Ruth Franklin, vice president; Mrs. Edna Barber, secretary; Mrs. C. E. Pogue, financial secretary; Mrs. Olive Calwell, treasurer; Mrs. John Lamer, mistress-at-arms, and Frank Hildebrand, trustee. ELECT DIRECTOR TO SUCCEED JUDGE GARY Widener of Philadelphia Named to Board oi Realty Cos. Bn United Press NEW YORK, Dec. 14.—Joseph E. Widener of Philadelphia was elected to succeed the late Judge E. H. Gary on the board of directors of the United States Realty and Improvement Company at a meeting today. The board authorized an increase in the capital stock of the George A. Fuller Company to establish a securities corporation and acquire limestone quarries and a plant in. Alabama. Details of the financing will be announced later.
chamber industrial activities at the Traffic Club luncheon at the Severin Thursday The Lantholey Trio will provide music. Articles of incorporation were filed today with the Secretary of State by Smith Brothers Insurance Agency, Inc., with a capitalization og 1,000 shares of no par value slock. Incorporators are C. E. Smith, R. E. Smith and W. H. Smith.
Postal Chief
* . ■> %. * m -5
Arthur R. Haught is new president of Local 130, National Federation of Postoffice Clerks.
LOST PASTOR FORMER CITY CHURCH LEADER Disappearance of David J. Good Recalls Another in 1917. Disappearance of the Rev. David J. Good from the pastorate of the Patterson Memorial Presbyterian Church at Dayton, Ohio, last week, -ecalled his disappearance here in January, 1917. Rev. Good was pastor of Fletcher Place Methodist Episcopal Church here at that time and disappeared to be gone for a month. He reappeared in Michigan and explained that he had tried to enlist in the Army so that he might join his son with the A. E. F. in France. His son was killed in the war and he brooded over the loss, according to friends. William T. Ellis, 1701 Park Ave., deacon of the Fletcher church, said Rev. Good “was a real leader in his four months here and directed many improvements in the church while building up the congregation.” DIES FROM WINTER HEAT Man Is Prostrated While Shoveling Coal in Biting Cold. Bn United Press CHAMPAIGN, HI,, Dec- 14.—1n the midst of stinging cold weather Charles Mason was overcome by heat prostration while shoveling coal. He complained of being overheated. working hard to complete his task before nightfall. He was taken to a local hospital where he died the next day from the effects of the prostration. FEARS HUSBAND HARMED Wife Asks Police to Search for Missing Man. Dewey Marr, 33, of 627 S. Missouri St., was reported missing by his wife. He was paid Tuesday and she fears he was waylaid and robbed, she told police. Births Girl* Vco and Verda Harman, 535 N. Keystone. John and Margaret Cenkner, Bt. Vincent's HosDltal. Hansford and Gladys Coovert, St. Vincent’s Hospital. Ernest cad Ella Watson, 2021 Ashland. Robert and Virginia Rogers. 1459 Fletcher. Henrv and Dorothy Hayner, 754 N. Sheffield. Charles and Anna Gant. 933 N. Sheffield. Alfred and Levla Armour, 1425 N. Cornell. Willie and Laverda Reedus, 2039 Massachusetts. Owen and Elizabeth Johnson. 1040 W Twenty-Fifth. Tola and Bessie Covlneton. 1152 Favette. Eugene and Milla McGinnis. 707 Woodlawn. George and Betty Coss, 415 S. Arlington. Bovs Maurice and Ida Becker. St. Vincent’s Hospital. Floyd and Elizabeth Krlng, 3524 E. Washington. Harry and Bernice Saleba, 1729 Thadeus. Jerry and Sarah Mehrllch, 1816 Tabor. William and Matilda Cox, 4124 E. Twen-ty-First. John and L. D. White, 924 N. Missouri. James and Lottie Hunter, 1227 Massachusetts. Frank and Carlena James, 609 N. Blake. Eugene and Annabelle Jones, 327 W. Sixteenth PI. Oscar and Nell Jordan. 314 W. Vermont. Jesse and Elizabeth Cox, 326 S. Christian. Twins. Voncel and Anna Batic, 1017 N. Warman, girl and boy. Deaths „ William Henry, 37, Christian Hospital, tuberculosis. Herman William McAtee, 45, St. Vincent's Hospital, carcinoma. Mary M. Baker. 80. 1742 S. Meridian, myocarditis. Charles T. Harris, 1 day. 1314 Lexington, premature birth. Mary Williams, 28, 201 W. Eleventh, nephritis. Mike Wnowitz, 42, Methodist Hospital, carcinoma. Laura Blakley. 35, Methodist Hospital, carcinoma. Lena Lenler Green, 54, 328 W. Market, carcinoma. Margaret E. Wlldrlck, 63, city hospital myocarditis. Joseph Bordenkecher, 19, St. Vincent’s Hospital, accidental. Joseph J. Browne. 81. 621 E. Twelfth, septicaemia. Lee Roy Asbury, 30, 2251 Pearson, accidental. Lydia A. Bell, 59, St. Vincent’s Hospital, cholelithiasis. Joseph A. Clark, 41, 554 Hamilton, epilepsy. Betty Jean Cosier, 3, St. Vincent’s Hospital, acute dilatation of heart. Building Permits Kerman Doll, addition. 1145 W. ThirtySeventh. $1,400. T. E. Broking, garage. 29 N. Drexel, $250. Gladstone’ apartments, elevator. 239 N. Illinois. S3OO. Floyd Graham, heater, 1740 S. East. $250. Mr. Tomlinson, reroof. 330 N. Drexel. S2OO. W. E. Milam, garage, 1572 W. New York, S3OO. J. F. Scott, garage, 1052 N. Belle Vleu PL. S2OO. / Buy and Sell Liberty Bonds NEWTON TODD 4X5 lincke Bldg.
PAGE 15
MOVE SEEN TO ORDER CABINET INTOCONCRESS House Member Would Learn Details of State From Secretaries. Bn United Press WASHINGTON, Dec. 14.—At least one member of the United States Congress desires the opportunity to summon members of the President’s cabinet before Congress to discuss matters of importance in their departments. The inquisitive member is Clyde Kelly, Republican of Pennsylvania, Secretary Mellon’s home State. Works on Bill Kelly has announced his intention to submit a bill to the House to enable cabinet members to be brought to the House floor for questioning. Such a bill was submitted during the Harding administration, but cabinet officers were unanimously opposed to the proposition that they should be in attendance on Congress twice a week. Preliminary discussion of Kelly’s proposal, which apparently has b’jt scant chance of becoming a law, revealed the little known fact that at least one fnember of the President’s cabinet has been held liable to the call of Congress. Old Law Cited In 1879 the House of Representatives drew up a rule providing that the Secretary of the Treasury might be summoned to the floor of the House. Kelly said this rule still is in effect. It never has been put to use. The existing protection raised around the President and members of his cabinet against inquisitions at the hands of Congress has created a situation in Washington in which the most constant communication between the people and the administration heads of the Government is maintained in an informal way through representatives of the press. OHIO DOCTOR SPEAKS More than 200 physicians attended the dinner of the Indianapolis Medical Society Tuesday night at the Columbia Club. Dr. George W. Crile, Cleveland, Ohio, in an address said: “Morale of soldiers during the war had a great bearing on their chances of recovery. A soldier wounded in a successful battle was more easily cured.” Dr. Owsley Grant, Louisville, Ky., and Dr. Thomas B. Noble and Dr. Giethe Link, both of Indianapolis, took part in the discussion following. Dr H. G. Hamer, president, presided. Dr. C. P. Emerson, dean of Indiana University school of medicine and hospitals, will be the principal speaker at the meeting Tuesday night at the Athenaeum. Dr. Karl M. Koons, Indianapolis, also will speak. WOMEN KIWANIS GUESTS Clubs Organization Plans for 1928 Are AnnouncedKiwanis club held its last “Ladies’ Day” meeting of the year today at luncheon at the Claypool. Walter B. Harding, president, announced organization plans for 1928. Jud McCarthy, Prof. Wood Unger and Milo Stuart received the women guests. Technical high school band played. New officers and directors will meet at 55:30 p. m. Friday at the Athenaeum to name a secretary. James E. Fischer, national publicity chairman, will announce plans for the district trustees meeting here Jan. 10 and 11. GIVE AWAY BUFFALOES Pay Transportation From Yellowstone; Get One Free* WASHINGTON, Dec. 14.—1f anyone wants a real, live buffalo and is willing to pay its transportation from Yellowstone National Park, the Government will give him one. Officials want to thin out the herd, which now numbers 850. They give warning that the animals are wild and will not make gentle pets. American Telephone and Teegraph Company BELL SYSTEM 153rd Dividend The regular quarterly dividend of Two Dollars and Twenty-Five Cents ($2.25) per share will be paid on Monday, January 16. 1928, to stockholders of record at the close of. business on December 20,1927. * H. BLAIR-SMITH, Treasurer.
JISSFNTiAL' SCRVICf.I IN 19 STATES ,
'Middle "West Utilities Company Notice of Dividend on Preferred Stock The Board of Directors of Middle West Utilities Company has declared the regular * quarterly dividends of One Dollar and Seventy-five Cents ($1.75) upon each share of the outstanding Preferred Stock having a par value of SIOO a share and One Dollar and Fifty Cents ($1.50) upon each share of the outstanding $6 Cumulative Non Par Preferred Stock, payable January 16, 1928, to the holders of such Preferred Stocks, respectively, of record on the Company’s books at the close of business at 1 :oo o’clock P. M. p December 31, 1927. EUSTACE J. KNIGHT, Secretary.
