Indiana daily times. [volume], December 27, 1920, Last Home Edition, Page 10, Image 10

About Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922

Image provided by: Indiana State Library

                
10
MANY STOCKS
TAKE HEAVY TONE
Leading Rail Issaes Strong-
Steel Common Loses Point.
NEW YORK, Dec. 27—Baainess con
tlnued on a small scale at the opening
of the stock market today, with price
changes irregular and generally confined
to fractional limits.
Stel common yielded % to 78% ana
Crucible Steel fell 1 point to 7814.
Baldwin sold off fractionally to 82.
Replogle Steel, after selling up 2%
points to 38, fell back to 30.
Mexican Petroleum sold up 157*%, and
then yielded to 137.
United States Rubber was In supply,
falling 1% points to 55%.
The shipping stocks, as a group, were
weak, Atlantic Gulf and W. I. falling
1% points to 10014.
Marine preferred lost % of a point,
falling to 48%.
United Fruit dropped 1 point to 191.
Beading opened up % of __ a point to
79M, and then reacted to 78%.
Texas Pacific Coal and Gas yielded 1
point to 26%.
The majority of the leading stocks
took a heavy tone during the forenoon
with a renewal of the selling movement.
Indicating further liquidation and some
stocks sustained substantial losses.
The leading rails were strong, Reading
being a prominent feature, advancing to
1% to 79%. and Southern Pacific rose
over 1 point to 75%.
The shipping stocks continued under
pressure.
The oil issues were also heavy. Mexi
can Petroleum showing a loss of 3% to
154%. followed by a rally to 156.
Sears-RoebHck dropped 2 points to 91-
Steel common sold off a full point to
77%. Baldwin yielded 2 points to 80%
and Crucible slumped over 4 points
to 75.
There was a resumption of the selling
of American Sjnelting, which dropped 2
points to below 33.
TWENTY STOCKS AVERAGE.
NEW I'OBK, Deo. 27. —Twenty Indus
trial stocks averaged 68.91, down .72 per
cent. Twenty active rails averaged 72.34,
down .30 per cent.
CLEARING HOUSE STATEMENT.
NEW YORK. Dec. 27.—Clearing house
statement: Exchanges. $914,274,257; bal
ances. 592.400.50 C: Federal Reserve Bank
credit balances, $8.82)05,345.
Money and Exchange
NEW YORK. Dec. 27.—Foreign ex
change opened iate because it is u holi
day in London and there was nothing
upon which to base a market. Prelimi
nary quotations were based on Friday's
close.
Sterling. $3.52%. unchanged; francs,
.0686. unchanged; lire. .0139, unchanged;
Canadian dollars, .8425, unchanged;
marks, .0137, unchanged.
MOTOR SECURITIES.
(By Thomson Sc McKinnon.)
—Dec. 27
—Closing
Bid. Ask
Briscoe s% 9%
Chalmers, coin 1 1%
Packard, com 9% IQ%
Packard. j>fd 70 74
Chevrolet
Peerless lit •£>
Continental Motors, com 5% t;
Continental Motors. pfd 92 94
Hupp, com 9%
Kupp. pfd 90 95
Reo Motor Car 17% is%
Elgin Motors 3% 4%
Grant Motors 1% 2*
Ford of Canada 216 220
Federal Truck 16 19
Paige Motors 15% 16%
Republic Truck 17% 18%
ACTIVE OIL STOCKS.
(By Thomson ft McKinnon.)
—Dec. 27
—Opening—
Bid. Ask.
Anglo-American Oil iff I<;%
Atlantic Itfg !ci lirgr.
Borne-Scryui ter ;fc r. 4JI,
Buckeye Pipe Lin- 82 84
Cbese. Mfg. Cons 175 190
Colonial Oil 87 ).*•
Continental Oil. Colorado.. KM luts
Coadeu Oil and Gaa 5% 5%
Crescent Pipe Line 26 29
Cumberland Pipe Line lji 130
Elk Basin Pete 7% 7%
Eureka Pipe Line 80 90
Galena Signal Oil pref (newt 95 100
Galena-Signel OH com 45 48
Hilnois Pipe Line 155 ioo
Indiana Pipe Line Sit 85
Merritt Oil 10% 11%
Midwest OH 1 1%
Midwest Kfg 137 Fit)
National Transit 22 24
New York Transit 155 109
Nortberti Pipe Line Ist 95
Ohio OH 225 270
Oklahoma I*. A II * 4%
Penn.-Mex 3t 35
Prairie oil and G*s 423 t.V>
Prairie Pine Lln<* 17* 182
Kupulp.i Kf2 v 4% 4%
ftoiar Kfg I'o ;770
Southern Pipe Line 97 100
South Penn Oil 249 25<i
Southw. Penn Pipe Lines... 65 58
Standard Oil Cos. of Ca 1.... 2510 295
Standard Oil Cos. of Ind Cos
Standard Oil Cos. of Has... 56u O'**
Standard Oil Cos. of Ky ... 300 420
Standard Oil Cos. of Neb.... 309 410
Standard Oil Cos. of N Y .. 320 325
Standard Oil Cos. of 0hi0... 3V) 400
Swan A Finch 35 40
Union Tank Line 99 102
Vacuum Oil 285 295
Washington Oil 30 35
NEW YORK METAL MARKET.
NEW YORK. I tec 27.—Copper—Quiet;
apnt and !*?cniber < ffered. 13%c; .lan
nary and February offered. 13%c Lead
—Quiet, spot and December offered. 4.65 c.
Spelter- (f-.tlet; spot and I)8-eiuber of
fered, 5%e.
Weather
The following table shows ihe state of
the weather at 7 a. m., Dee. '37. as ob
served by United States weather bureaus:
Station. Bar. Temp. Weath.
Indianapolis. Ind... 29.98 8.3 flood-.
Atlanta, (la 2t*Bß 40 Rain
Amarillo, Tex 30..3 20 Cloudy
Bismnrek, N. r> 30.48 —IS Clear
Boston. Matts 30.18 20 Snow
Chicago. 11l 30.02 14 Clear
Clnelnnati, 0 20.1*4 32 Cloudy
Cleveland. O 29.78 32 Cloudy
Denver, Colo 30.28 6 Clear
Dodge City. Kas... 30.48 4 Clear
Helena. Mont 30.24 ;J0 Snow
Jacksonville. Fla... 29.8 ft ftft Cloudy
Kansas City. M 0... 30.30 ft Clear
Louisville. Ky 30.00 32 Cloudy
Little Rock, Ark... 30.18 32 Cloudy
Los Angeles, Cal... 30.14 sft Clear
Mobile. Ala 20.3 ft sft Cloudy
New Orleans. La... 22.04 34 Cloudy
New Tork. S’. Y... 20.90 32 Rain
Norfolk. Va 20.1*0 54 Rain
Oklahoma City 30.40 14 Clear
Om.-.ha, Xeb 30.4*1 —4 Clear
Philadelphia, Pa. .. 29.38 34 Cloudy
Pittsburgh. Pa. ... 29.7 ft 42 Rain
Portland, Ore 30.24 4ft Cloudy
Roseburg. Ore. 30.30 42 Clear
San Antonio, Tex.. 30.1 ft 40 Cloudy
San Francisco, Cal. 30.20 50 Clear
St. Louis, Mo 30.20 16 Snow
St. Paul, Minn 30.22 —lO Clear
Tampa, Fla 29.92 88 Cloudy
Washlngtoh, D. C. 29.90 32 Cloudy
WEATHER CONDITIONS.
Rain or snow lum fallen since Sunday
morning from the Plains States eastward
to the Atlantic coast. Precipitation was
also reported over the north Pacific and
north Plateau State*. The remaining por
tions of tile country are generally fair.
Temperatures have fallen since yesterday
morning from the Appalachians west
ward to the Rockies, the falls amounting
to 20 to 30 degrees In the centra] portions
of the country. Temperatures ranging
from zero to 30 below zero were reported
from northern Kansas northward Into the
Canadian provinces. They are above nor
mal in the Atlantic and Pacific coast dis
tricts. T. G. SHIPMAN,
Temporarily in Charge.
CLEVELAND PRODUCE.
CLEVELAND. Ohio. Dec. 27.—Produce
Market—Butter-Extra, iu tub lots, 01 Vx
t62e; prints, extra firsts, 80%
flic■ firsts, 58%@’9c- seconds, 7js®s4Jc;
packing stocks. 17<3!230; fancy dairy.
36<340t. Eggs—Fresh gathered northern
‘•taCras, 78c; extra firsts. 73c; Ohio firsts
<new cases!, 71c; firsts fold cases), 70c;
■western firsts (new cases), 68c; refrig
erator extras, 02c; refrigerator firsts,
80c; (a case contains 30 dozen). Poultry
—Heavy fowls, 27®2Sc; light stock,
22c; old roosters, HtjiiSc ; spring ducks,
35&88c; turkeys, 50*@55c; geese, 28@30c.
Local Stock Exchange
Adjourns for Week
Owing to the holiday spirit members
of the Indianapolis Stock Exchange voted
that the Exchange be closed until Mon
day of next week.
i
Local Stock Exchange j
—Dec. 27-
STOCKS.
Bid. Ask.
Indiana Rail. A Light, com. GO
Indiana Rail. A Light, pfd... 84 -
Indpls. ft Northwest, pfd
tndpls. & Southeastern, pfd. ... >5
Indpls. Street Ry 53 85
Terre Haute T. Sc L., pfd.. 60 ...
T. H., I. & E., com 1’) <’
T. H„ I. & E. pfd 9 1 - >
Union True, of Ind., com 1
Union Trac. of Ind., Ist pfd. ... 14
Union Trac. of Ind., 2d ril'd 2
Advance Rnmely Cos. com..
Advance Rnmely Cos, pfd 44
Atner. Central Life... 233 ...
Am. Oreoaotlng Cos., p/d 18)
Belt K. R., com 81 **
Belt R. R.. pfd 43
Century Bldg, eo., pfd 88
Cities Service Cos., com
(Ttles Service Cos., pfd
Citizen* Gaa Cos 30 ’4
Dodge Man. Cos., pfd •
Home Brewing •>
Ind. Hotel, com 02 ...
Ind. Hotel, pfd SO •••
Ind. National Life Ins. C 0... 4%
Ind. Title Guaranty 39 69
Indiana Pipe I.ine Cos S 1 s *
Indpls. Abattoir, pfd 41 ...
Indpls. Gas 40 >0
Indpls. Tel. Cos., com 5
Indpls. Tel. Cos., pfd 88
Mer. Pub. Util. Cos., pfd 36
Natl. Motor Car Cos 1 G
Public Savings ins. Cos 2%
Ranh Fertilizer, pfd 40 ._..
Standard Oil Cos. of 1nd.... 60 70
Sterling Fire Ins. Cos 7% ...
Van Camp Hdw.. pfd 92% ...
Van Camp Packing, pfd 94 ...
Van Camp Prods., Ist pfd.. 92% ...
Van Camp Proda., 2d pfd 92% ...
Vandal!* Coal Cos., com
Vandalia Coal Cos., pfd I*l
Wabash Ry. Cos;, pfd 19
Wabash Ry. Cos., com 6% ...
BANKS AND TRUST COMPANIES.
Aetna Trust Cc 104% ...
Bankers Trust Cos 119
City Trust Cos 80
Commercial National Bank.. 65 ...
Continental National Bank.. 112 ...
Formers Trust Cos 200 ...
Fidelity Trust Cos 120 ....
Fletcher Amer. Natl. Bank
Fletcher Sar. & Trust Cos 103 ...
Indiana Natl. Bank
Indiana Trust Cos 175 190
I.lve stock Exchange Bauk
Ner Natl. Bank 2SO
National City Bank 112
People's State Bank 100 ...
Security Trust Cos 120 ...
State Bav. A Trust 93% ...
Union Trust Cos 340 370
Wash. Bank A Trust 130
BONDS.
Broad Ripple 6a 70
Indpls. St. Ry. 4s 13
Indpls *t. Ry.. 4s 96
Ind. Coke & Gas Cos ...
Indian Creek Coal A Min., 6s. 95
indpls.. Col. A Son, 5s 98 92
Indpls. A Greenfield 5s 97 10(5
indpls. A Martinsville 55.... 30
Indpls. A NuSlh. 55... 44
Ii dpls. A Northwestern 3s 36
Indpls A Southeastern 45
Indpls., Shelbyv. ft S. E. 5a.. 70 ...
Indpls. St. Ry. 4s f*9 65
Indpls. Trac. A Ter. 5s 72
Kokomo, Marlon A West., 5s
1 H.. 1 ft E. 5s 44
Fnlon Trac. of Ind 6s 44
Citizens Gas 5s . 54
i Ind. Hotel Cos.. 2d 6s 90 ...
Indpls. Gas 5s 71 73
indpls. L. ft 11. 5s 72 79%
indpls. Water 4%s 96% tf.l%
Indpls. Water 4%s 79 75
Mer. H. A 1., ref. 55.... S3 I*o
New Tel. first 6s 94
I New Tel. L. DLt. 3s 93% ...
j Sou. Ind. power 6s. 88
LIBERTY BONDS.
Liberty first 3%s sf %i
Liberty second 4s 83.90
I.ibertv first 4%s 85 40
Liberty second 4%s 84.14
Liberty third l%* 87.10 .....
Liberty fourth 4% H4.M
Victory 3%* 94.80
Victory 4**s 94 80
-Soles -
S'**) Kokomo. Marion A Western 5* at 79
*I.OOO Kokomo, Marion A Western 5s ut 80
Terne Market Notes
WASHINGTON, Dec. 27 The Illinois
Central Railroad Company today asked
the Inte'-atc Commerce Commission for
authority to ;m> *.’..245 000 refunding
mortgage 1 per wui gold bonds.
The bonds are to be used to aid in the
lee.iing f outstanding obligations
The Illinois Central and the Chicago,
st. I ..>iris & N< *v Orleans Railroad Com
.antcs tiled an a; plication asking author
ity to issue Jo us first refunding mort
gage bonds to the extent of 33.7 >8.0)*)
CHI*’AGO. De*‘. ;7.- The Dressel Cora
•n Trial Sc Savings Bank, a private lnsil
tutiou patronised largely by xmail wage
earners. failed to open its doors here to
day.
A aotice that the. Institution was in the
bauds of a receiver greeted depositors
who were on baud at the customary open
!ng time. No cause for the failure of
(be hank haa been announced.
WASHINGTON, Dec. 27 The operation
of s hedules on manufactured iron and
tvi articles In carloads from Houston
mid Galveston. Texas, and Intermediate
points to destinations l n Louisiana was
suspended today by the Interstate Com
merce Commission.
CHICAGO. Dec. 27. The slump in
gcnerJl conditions has cost the fanners of
tile i nltej State- *ft l¥lt*.0<.l)00 to date
since It began several mouths ago. Chair
man C, 11. Gustafson of the Farmers’
marketing committee of seventeen told u
mooing of Ihe committee being held here
today.
The purchasing power of 6.500,000 pro
ducers of food in the country has been
reduced to a minimum by reason of the
slump, which in turn caused a great fall
ing off in the city markets for city-made
products. Gustafson said.
Predicting better times, due to the fj'd
that the pendulum is believed to have
reached the extreme of low markets and
Is now on its way back to normalcy.
Gustafson told the committee that the
purpose of the farmers marketing plans
would hasten the coming of the “better
day.’’
! In the Cotton Markets ’
NEW YORK, Dec. 27.—The cotton
market opened quiet and unchanged to
3 points higher today.
About the only feature was a demand
for January from shorts, which imparted
strength early to the eutire list, up to
the call, -when prices showed net gains
of 12 to 22 points.
There was also some purchasing by
Liverpool while selling was scattered.
Notices of about 2.090 bales were issued.
New York cotton opening: January,
14.-TSC; March, 14.115 c; May, 14.68 c; July
14.78; October offered 14.50.
WHOLESALE PRODUCE.
Eggs—Fresh, loss off, 83c.
Poultry—Fowls. 20tif 25c : springers. 25c;
cocks, 17c; old tom turkeys, 85c: young
tom curkeys, 12 lbs and up. 4t)e; young
hen ti'rkeys, .8 lbs and up. 40c; cull, thin
tufkey* not wanted; ducks. 1 lbs and
up. 25c; dusks, under 4 lbs. 20c; gees -.
10 lbs and up. 20c; squabs, 11 lbs to doz,
$7; guineas. 2-lb size, per doz. srt.
Rabbits—Drawn, per doz, 32.50.
Butter—Buyers are paying 50@51r for
creamery butter delivered at India imp.)
lis.
Butterfat—Buyers are paying 4fi@47-
for cream delivered at Indianapolis.
WHOLESALE HEKF PRICES.
The following are today'* wholesale
market price* for beef cuts ; s sold by
the Indianapolis markets. Pritrs Quoted
by Swift & Cos.;
Ribs—No. 2 35c; No. 3.20 c. \ Loins—
No. 2,22 c; No. 3.17 c. Itound.v- No- 2,
24c; No. X, 17c. Chucks—No. 2 ; No.
3,12 c. Plates —No. 2,14 c; No. 3,12 e.
LOCAL HIDE .MARKET. 1
Green Hides—No. 1,6 c; No. 2 SejfGreen
Calves—No. 1. 8c; No. 2, 6%c. Borse
hldes—No. 1, 34; No. 2, $3. Curedf Hides
—No. L Sc; No. 2. 7c.
TRADE IN CATTLE
FAIRLY ACTIVE
Hog Prices Steady to 25 Cents
Higher—Calves Still High.
RANGE OF HOG TKICES.
Good Good Good
Dec. Mixed. Heavy. Light.
21. $9.25® 9.50 $9.00® 9.25 $9.50® 9.75
22. 9.35 & 9.65 9.25® 9.50 9.65®10.00
23. 9.56® 10.00 9.50® 9.75 10.25®10.60
23. 9.76® 10.00 9.50® 9.75 10.25@10.60
24. 10.25 @10.50 10.00@10.25 10.50 @llO.
27. 10.25 @ 10.50 10.00@10.25 10.65@10.85
Hog prices were steady to 25c liighel
with the close of the Friday market at
the opening of the market today, with
fairly light receipts and a good demand.
Receipts approximated 10.000 fresh
hogs and less than 200 stale hogs left
ever from the Friday market.
There was a top of sll on a few droves
of good light swine, hot the bulk of the
light swlno sold around $10.75, with a
smattering of sales at $10.85.
Good heavy hogs generally sold at $lO
(ftlo 25, and good medium hogs at $10:25
(310.60.
Roughs were steady to sf ™ne with
the bulk of thfit grade close to $9.50.
Pigs generally brought the price of
the loads, with a few at sll.
The bulk of sales for the day ran su).-a
~*Tlie demand by local packers was good
and around half of the hogs were bought
by them, while the other half was taken
b'v shippers. _
Trade iu cattle was active, with prac
tlcallv all of the buyers In tbe market
and prices steady to weak on steein
Fanners and cutters were steady to
st roii jj
Most' of the 1,000 cattle on the market
were other market cattle, with only aoout
fifteen carloads of the cattle coming from
the farm. , , .
The local freights being out of oper
ation Saturday and Sunday kept a big
accumulation of cattle off the market,
but a- good run of stock from the farm
Is exacted Tuesday or Wednesday.
The stronger prices that were antici
pated would follow immediately after
Christmas did not arrive.
There was another light run of calves
■at close to 235, and prices held about
steady with the last Friday market.
There was a tup j)f $16.50 on choice
calves, while good to choice calves
brought *14.50®16.
Medium calves brought slUdi 13.50, good
heavies s7@9 and common heavies s4ff|6.
A strong demand by F.astern hous< s
for veal for the market over the holl
days is the principal factors in the high
prices for calves on the local market.
This price Is nor substantial and In all
probabilities will be down to normal
within a day or two.
There were not enough sheep and
lambs In the pens to make a market.
lIOGB.
Best light hogs. 100 to 200 lba
nverage 10.65@10.85
200 to 300 lbs average 10.0Ota:10.23
Over 300 lbs 9.25®! 9.50
Sows 8.254$ 8.30
Best pigs, under 14) lbs .... 10.75@’ 100
Bulk of sales 10.25@ 10.75
CATTLE.
Prime cornfed steers, L3OO lbs.
and up 10 00@1150
Good to choice xteers. 1.20 U to
1.300 lb*. 9 00-310 50
Good to choice steers. 1.100 to
1.200 lbs fUXK® 3AO
Medium steers, 1.000 to 1,100
lba 7.75@ 8.75
C'< mmon to medium steers,
800 to 1,000 lbs 6.73@ 7.75
—Heifers and Cows—
Good to choice heifers 7 75@10.00
Medium heifers 6.00@ 725
Common to medium heifers. 4.00@ B.TO
Good to ehnl-e cows . fiJ/xg 7.00
Fair to medium cows 4.50 1.50
Cotters 3.50% 4.00
Canuers .0 3 <,'o<R 3.50
—Bulls—
Good to choice butcher bulla. Ti.SO'S TOO
Tloiognn bulls 4 .3<xcfi 5.75
Light common bull* C.7f4.73
—■Calve*—
Choice veals 15.50@ 16.50
Good veal* 14..V)()i 15.50
I.lght weight ieal 7 "Oqj '.).(■)
Medium veals 15.b0@14.00
Heavyweight calve* 7.50<g 9.30
Common heavyweight calves. 4.50(ij 7.50
—Stocker* and Feeder* —
Good to choice ateers, MW lba.
and up S.OOif 9.50
Good to choice ateera. under
MO lbs 7.00@ sou
Medium cows 4,50@ 5.00
Good cows S.WXOS 5.50
Good heifer* 5 sf'@ (100
Medium to good heifers 5 00m 0.00
Good mdkera 50.00@95.00
Stock calves. 250 to 450 lb*... 5.0 u% 5.09
MUKEP AND LAMBS.
Good to choice sheep 5 0"@ 3.50
l'air to common 2.00'R 2.50
Buck 2.500 3 0
Cull sheep LOOM LSO
—La m iis -
Common to choice yearlings.. 5.50',R iI.OU
Spring lambs 8.50@ 9.00
Other Lice Stock
CHICAGO, Dec. 27.—Hogs Receipts.
19.0QU; market, 35® 50" up; bulk. 310 154}
10.85; hutches. $104(10.40; packers s9*ls
'tgJ 9*l; lights. 110.3010.75, pigs 31*1.4*1®
10.85; roughs, $9.405J0.65. Cattle Re
ceipts, Ut.iiOO; market steady to strong;
foies, sß4} 14.85; liUt' lief*. fi.'® 10.75; can
ntr* and cutlers, $3.25f&5 50; Stockers and
feeders. $1,504(8.25; cows. $4.75439 40;
calves $8.75**811. Sh--cp Receipt*. 10.000;
mniket. 5*14375- up; lambs, $''4(12.50;
ewes, $1.50®.5.50.
CINCINNATI, Dec. 27. Hogs Re
ceipis, 10.504; market, strong to 50c
higher; heavy, $!0.504}ll; mixed, $11;
mediums, lights and pigs, $11.50; roughs,
59; stags, $7.50. Cuttle Receipts, 1,100;
market. 254J50C higher; Dulls, strong;
calves, sl4. Sheep and lambs-Receipts,
200; market, steady; sheep, $1 .50® 4.50;
lambs, $54(11.
CLEVELAND. Dec. 27 Hogs Re
ceipts. 3.000; market 50®<>*)<• up; yorkera,
$1175; mixed. sll.-35; medium, $11.35.
pigs, $11.75; roughs. $8.50; stags, sft.*>s.
Cattle—Receipts, 050; market 50c i:p;
good t choice steers. $74(8: good to
choice heifers, slo® 11; good to choice
cows, 584?9; fair to gool cow s. s74rft;
bulls. $5437; milkers, 504(90. Sheep and
lambs Receipts, !).H); market $1.75 tip;
fep, $12.50. Calves Receipts, 200; mar
ke't, $1 tip; top, sl7.
EAST ST. LOUIS. 111., Dec. 27. Cat
tle Receipts, 3,500; market, steady; na
tive beef steers. sl<Kqtl-’; yearling beef
steers rr.d heifers, $124(13; cows, s7*!iß;
stockers and lecdcrs. $04(7: calves, $9.50
4J10; canncrs and cutters, (s34f-4.50. Hogs
Receipts. 13,500; market, 35®50c
higher; mix*-d and butchers, $10.30'(jll;
good heavies, $10..V-41. 10..55; rough heavies,
$8.754f'9; lights, $11®;! 1,2.3; pigs, slffij
11.35; bulk of sales, $10.75®] 1.25. Sheep
and lambs- —Receipts, 1.500; market,
steady; ewes, s4® 4.75; lambs. $10.25®
12; emitters and cutters, $1.50®3.
EAST BUFFALO. Dee. 27. < attic- Re
ceipts. 950; market active, 25® 50c tip;
shipping steers, $10.50® 13.10; butcher
grades, $74(11; heifers, $7.504(10; cows,
$24(8; bulls, 3:5*8;7.50; niilch cows, spring
ers, s4o® 120. Calves—Receipts. 450; mar
ket active to $1.50 up; culls, choice, s4jl
18.50. Sheep and lambs Receipts. 2.009;
market active; choice lambs, sl3® 13.50;
culls, fair, $104(12.73; yearlings. s9@lo;
sheep, $24(0. Hogs Receipts, s.SOD; mar
ket, active, 50c©$l u }>; Yorkers, sl2®
12.25; pigs, $12.25; mixed, $11.75® 12;
heavies, $11.75; rottgltrf, $9@0.25; stags
$C.50@7.50.
CHICAGO PRODUCE MARKET.
CHICAGO, Dec. 27. Butter—Creamery
extras, 54e; creamery firsts. 15%c; firsts,
38*951c; seconds, 53<fg5fic. Eggs—Ordi
naries, Co@ft4c; firsts, OSVjftJftOc. Cheese—
Twins. 10V4*'. Live poultry Fowls, 20®
26c; ducks, ‘2Bc; geese, 20c; spring chick
ens. 2ftc: turkeys, 40c; roosters, 13c. Po
tatoes Receipts. 47 cars; Wisconsin and
Minnesota, $1.404(1.05 per bushel.
HAY MARKET.
The following tore the Indianapolis
prices for hay by the wagon load:
Hay—Loose, timothy, new, $254-/ 27;
mixed hay new, $234(20; baled $254/27.
Oats Bushel new. 50Vi5!c.
Corn —New, 704#75c per bushel.
WAGON WHEAT PRICKS.
Indianapolis flour mti'la and elevators
today are paying $1 90 for No. 1 red
wheat, SI.BB for No. 2 red wheat and
$1.84 for No. 3 red.
INDIANA DAILY TIMES, MONDAY, DECEMBER 27,1H20.
TRADE IN GRAINS
CONTINUES QUIET
Considerable Local Selling
Features Market.
CHICAGO, Dec. 27.—Grain trading waa
Quiet on the Chicago Board of Trade to
day with a slight strengthening of quo
tations as trading proceeded.
Trading was light with conalderable
local selling. Provisions were lower.
December w'beat opened at $1.09, off 2c,
bpt. later regained lc. March wheat
opened off %c at $1.64%. regaining %c
in later trading. May wheat was off lc
at the opening at $1.60%, and held that
figure.
December corn was unchanged at the
opening at 69%c, advancing %c subse
quently. May corn opened down %c at
74%c, and lost an additional %e before
the closing. After opening at 74%c, down
%o, July held that figure.
December oats was off %e at opening
and infer advanced %c. May oats opened
tip %e at 49%c, losing %e before the
close. July oats were off 2%c at the
opening at 46%c, gaining 2c later.
CHICAGO GRAIN TABLE.
(By Thomson Sc McKinnon.)
—Dec. 27-
WHEAT— Open. High. Low. Close.
Dec 1.69 1.70 1569l 5 69 1.69
March.. 1.6*% 1.65% 1.63 1.63%
Mav 1.00% 1.61% 1.58% 1.58%
CORN—
Dec 69% 70% 69 69%
May.... 74% 74% 73% 73%
July.... 74% 74% 73% 73%
OATS—
Dec 46 46% 46 40
May.... 49% 49% 48% 48%
July.... 40% 48% 47% 48
PORK
Jan 23.20 03.20 23.00 23.00
LARD—
.Tun 1305 13.12 12.70 12.70
May 13.55 18.60 13 20 13 20
RIBS—
Jan 11.50 11.50 11.40 11.40
May.... 12.25 12 25 12.02 12 20
CHICAGO CASH GRAIN.
CHICAGO. Dec. 27.—Wheat—No. 2 hard
w-lnter, $1.77; No. 1 Northern spring,
$1.79; No. 2 Northern spring, $1.76; No.
3 .iprlng. $1 70451.72. Corn No. 2 white.
71%e; No. 3 white, 68%(569%c; No. 4
white, 67<(ttWc; No. 2 yellow. 7.v3j7o*‘; No.
3 yellow. 71X3571%c; No. 4 yellow. 67%@ '
70c. Oats No. 1 white, 47Va((t4Sc; N". 2
white. 47@4M<*; No. 3 white, 46@47c; No.
4 white, 4.V5J8400; standard. 41c.
TOLEDO CASH GRAIN.
TOLEDO, Dec. 27.—Close: Wheat-
Cash and December, $1.95; March and
may. $1 90. Com—No. 2 yellow (old) 84c;
mew), 85c. Oats -No. 2 white, 31'252c.
live—No. 2, $l5B. Barley No. 2,80 c.
(Joveraeed—Cash (1919). $13.25; cash
(1920) and December. $12.45; January.
$12.50; February. $12.65; March. $12.80.
Timothy—Cash (1918), $333; cash (1919).
$3.45; December and January. $3 55; Feb
ruary, $3.57% ; March. $3.60. Alsike —<%sh
(new). $10; ash and March. $10.75; De
cember, $15.30.
INDIANAPOLIS CASH GRAIN.
Dev . 27 -
Bids for c:ir lots of grain and hay nt
tile call of the Indianapolis Board of 1
Trade were:
Wheat No sale*
Corn Easy , No. 3 w hite. 6SetoO ; Nt). j
1 white, 65%5100c; No. 5 w hite. d2%f(s)>4c; j
No. J yeliow, 78*<170%c: No. 4 yellow,
it 19{70%c; No. 5 yellow, 64(j7.(i5%c; No. 5 J
tolled. 65@68%0; No 4 mixed. OtCiiiVC-jC;
No. 5 mixed. A3'3At%c.
oata—Easy; No. 2 white. 48'q49c; No. 3
white, 47f){47%c.
Hay—Weak ; No. 1 timothy.
No. i timothy, $ 2." (ft 25 56; No. 1 light,
clover mixed. s24(ft24JO; No. 1 clover hay,
$24.504125.
-
Corn—No. 2 white, 1 tar: No. 3 white.
.'I cars; No 4 white, 13 cars; No. 5 white,
10 cars; No. 2 yellow. 1 .-or; No. 3 yet
hiw, 10 earn; No. 4 yellow, it) cars; No. 5
yellow, •_> cars; No. 6 yellow. 2 cart;
No 3 mixed, 2 tars; No. 4 mixed, 7 cara;
No. 5 mixed, 4 cars; No. 0 mixed, 4 i*rs,
total. l<)2 cart
Oats No. 1 white. 5 cars; No. 2 white,
51 cars; No. 3 white, 8 cars; No, 4 white.
1 cht; sample white. 2 cars; No. 1 mixed,
! car; total, 40 cara.
On Commission Row
TODAY'S PRICES.
Apple*— MUmnirl Jouatoana. per bbl.,
$9. fancy Ullnals Jonathans, per bbl.,
$n , extra fancy Grlmss Golden, per bbl..
stt(({l), extra fancy Win# bapa. per bbl.,
s**; Bell I lower*. pe.r not.. $6.50. Bald
wlna. per bbl., $5 50, Spy*, par bbl, $0;
Rome Beauty. t~r bill. $8; KlnnarJ Ke(l.
(ier l#bl, $6448; King.* jier bbl, SO. Wolf
Rivera, per bbl, $5, None Such, per bbl..
$3; Malden Bluvb. per bbl . $4 50; Green
ing* per bbl, *6; Choice Jonathan), per
bbl . SO.
Lean* Michigan Navy :n bag*, per lb,i
S@OC; Colorado l'inlot. in bugs, per
lb, (>V(i7e; Black Eyes. In bags, per
lb, £<449c, Red ixtduejs. In bug, per lb.
lJitfUc; ( alifornia Limns, J.) bags, per
lb, Uylo, California J'lnk Chili. 111 bag*,
per lb, 7%@Bc; Llntela. per lb, 12c,
driel peas, green, per lb, 9c; split
yellow peaa, la 00-lb. bag*, per lb, l<>c;
ap.it green peas, per lb., luc; Marrow
tai beans. In bags, per lb, 12c.
Beets—Fancy bom# grown. pr bo,
$1.50
Bananas Extra fancy high grade
fruit, .'lOyOOc per bunch; per lb, B%c.
Cabbage —Fancy Northern, per lb,
14c.
Carrots—Fancy home grown, per bu,
SI.OO.
Celery—Fancy New York (2-3 crate).
4 5 dot. $4; per crate, $6; fancy New
York trimmed, per bunch, sl.
Coroanuts Fancy, per (lot. $1.23; per
bag of I no, $7.75.
Cruuberriea— Fancy C. C. Howea, per
bbl, $18; por bu, $0.50.
Cucumber* —Fancy Florida amall, per
doz, $2
Grapefruit—Extra fancy Florida (Blue
Gooso brand), 365. per box, $6.75; 40s, per
box, $6, 54a, 645, 70s and 80a, por box. $0;
fancy Florida*, 30#, per box, $4.25; 40a,
$4.75; 545, 04s and 70s, $4.75; 80*. $4.70:
Lettuce —Fancy hotnouse leaf, per lb,
23c; In barrel lots, per lb, 23c; fancy
California icebergs, per crate, $3.50.
Granges —California, all grades, s3.sG££
3.50.
Onions -Fancy Indiana yellow or rod.
per 100-ll>. bags $1.75; fancy ludiaua
white, per 100-lb bag, $2; per bu, $1.25;
fancy bpanlsh, per crate, $2.23.
Faraley—Fancy large Bikes, per doz,
SI.OO.
i’otatoea -Fancy Michigan and Wiscon
sin round white*, per 150-lb. bag, $3; 5
or 10-lb. bug lots, per bag, $2.90; fancy
Idaho Goui, per bag, $2.50.
Radishes —Botton, largo bundle*, per
doz, $1
Sweet Potatoes Fancy Tennoaaee Nacy
Halls, per hamper, $2.50; fancy Eastern
Jerseys, per hamper, $3; fancy Indiana
Jerseyß, $2,70.
Spinach—Fancy, per large crate, $3.
’turnips—i*ancy washed, per bu, $1.25
@1.50.
Kale—Fancy, per barrel, *2.
Cauliflower —Fancy California- per
crate $2.40.
Oyster Plant —Fancy, per doz, 50c.
Leek--Fancy, per doz, 30@35c.
Sage--Fancy, per doz.. 43c.
Tomatoes—Fancy ripe, per 0-lb. basket,
$1.50; fancy ripe, 0 basket crate, $9.
Kuinbagus—Fancy Canadian, per 00
lba, $1; per 100 lbs, $1.75.
Popper* Fancy, per small b.mket, 75c.
KumquaU—Fancy Florida, per qt, 30c.
Tangerines—Extra fancy 100*. loss
bofipa, $4.25; 190*, box, $3.
Lemons—Extra fancy Californios, 300s,
per box, $1.50.
Grape*—Fancy California Emperors,
drums, 31 lbs, $7; Imported Spanish Ma
lagas, per keg, sll@l2.
Sassafras Boik-r-Per (loz, 40c.
Nut Meats —Pecans, 5 lb cartoons, per
lb. 90c; Walnuts, per lb, 60e; Almonds,
per lb. 55c; Filberts, per lb, 40c.
English Walnuts —Fancy, per lb, 26
©Ole.
Pecans —Fancy, per lb, 25@80c.
Filberts—Naples, In bags, per lb, 24©
26e; Sicily, lu bags, per lb, 20@23e.
Brazils—Large, washed, in bags, per
lb, 32c.
Raisins—Fancy Spanish clusters, 20
pkgs to box, per box, $8.23; 5 1-lb pkga
to box, tier box, $2.40.
Hickory Nuts—Shellbarks, per lb, 10c.
Peanuts—Virginia Jumbo, salted, per
lb, 18c; Jumbo blanched. In 10-lb cans,
per lb, 32c.
PUTS IN LONG DAY.
"Giving up drinking will insure a long
life,” moralized Wilkinson.
“I believe you’re right,” said Allen.
"I stopped for twenty-four hours once
and 1 never spent such a long day In
my life.”
MOUNTED POLICE
CHECK OIL RUSH
Many Attempt to Take Trail
With Inadequate Packs.
EDMONTON, Alberta. Dec. 27.—En
forcing the grub-stake ordinance of the
old Yukon gold stampede. Royal North
west Mounted Police are turning back
prospectors heading for the Mackenzie
River. With winter closing In, hun
dreds of adventurers have set out with
pack-trains and dogsleds for the new
oil field at Ft. Norman to stake claim*
before the expected ruah etarts In the
spring. The police are overhauling these
argonauts on the trails of the North and
forbidding all to continue the foolhardy
Journey who are not physically tit to
withstand the rigors of an Arctic winter
or who are not adequately provisioned.
Police precautions may prevent a rep
etition of the tragedies that marked the
rush to the Yukon and the Klondike iu
the gold excitement of 1896. Edmonton
was the fitting out point for many of
the gold seekers. Few* reached their
destination. Disheartened by hardship*,
many turned back. Scores met denta
nnd their whitened bqnes are found from
time to time on the wilderness trails.
All signs point to an unprecedented
rush to Ft. Norman in the spring. Every
berth on steamers on the Peace, Athas
basea and Slave Rivers has been engaged
nlready. The Peace River branch of the
Canadian Pacific rai'way Is preparing to
transport thousands to points of river
embarkation. Many prospectors, it Is
said, plan to make the entire Journey
from Edmonton overland by wagon.
The excitement, which is tbe greatest
that has swept the northland since Klon
dike days, Is due to the recent sensa
tional oil strike at Ft. Norman, wnere a
drill crew of the Imperial Oil Company
brought In a well with a Bow of 1,500
barrels a day.
FEDERAL AID IS
SOUGHT BY FIRM
(Contlnoed From Page One.)
All defendants named nre members of
one of the three locals, according to the
bill.
James R. Cox, president; Carry Wor
laud and Elmer Thurston, members of
the board of trustee*, are defendants
connected with Local No. 16,404 of the
Federal Fnlon. IWendants connected
with tho Brotherhood of Painters, Dec
orators and Paperhanger* of America.
Local No. LlO2, are William Loggtns,
president; Walter S. Wilson, financial
secretary: Charles Mitch, recording sec
retary; William Westrlck, preceptor;
William Davis, treasurer, and Paul Ray
and Francis Rice, member* of the board
of trusteoi. Officers for tho United
Brotherhood of Carpenter* and Joiners
of America, Local No. 2,1t)8, are Samuel
Tbornbrug, president; Al Strauf, finan
ced secretary; Oliver \Vtl*on. treasurer;
Clarence White, boduess agent; Wil
liam Henry nnd Thomas lloime*. mem
ber* of the board of trustee*, according
to the bill.
Other defendant* Involved In the bill,
who are said to be member* of one of
the three labor societies, are Ed Deboe,
Robert Walt*. Eddie Taylor, Charles
Stllwell, Fred Fisher. Henry Glass,
Oand#* Mefford, Milton Glover. Otto
(Happy) Cochran. Albert (Peek! Ileoury,
Mrs. Albert Henry, Charles Carter. Ir
rln Schermer. Isoui Hillman, Chris Fish
er, William Fout, William Sehadley, Wil
liam Heiisti*. Koscoe Anderson, George
Lee, Rio Valdwell, John Griffin, George
Thoiuan. Scott Hoy Csrtislr. George Spi
dell, Arthur Hchult, Dick Wells, Frank
Spinner, Elmer Spiegel. Joe Sweet, Lon
Mivk*. Peck Henry Jr.. Mr*. Peck
Henry Woods. Charles Flnhcr, Leslie Al
len. Jefferson Kendall. Herbert Fisher,
Charles Kilen, Eddie Wood*, I‘ete Miller.
Joe Herron. Vernon Cross, William
iveakley Hr.. .Stanford Hadley, otner
Cherry. Henry Franklin. H*rry Brown.
Frank Forster, Tom Griffith, George
Kelley, Harry Bunts, William Klund,
George Wilson nud Oliver Wilson.
Clark state* he I* a salesman for the
Spiegel Furniture Company and several
other furniture companies of Shelbyville.
and that he was working on a commis
sion basis for the past two year* lit*
earning capacity would be $7,500 rt year
If the output of the companies f,.r which
he work* were not molested, he set* forth
In the complaint.
Bei-ause of strikes agitated by t*;.* de
fendants recently the furniture rompailley
nr.* able 'o keep In their employ only half
(he working force, tbe output 1* greatly
curtailed nnd ('lurk Is not able to furnlsn
stated supplies of hi* prod tut on con
tract*, 111* bill charges.
The labor union* are unincorporated |
association* and trade unions Involved
In nn effort to unionize the furniture
msntifacturing plant*, the bill state*.
The defendant* not only refuse to work
In plant* which employ non union per
sons, but by violence, example* of which
are recited In detail In the bill, the de
fendants intimidate the employers and
attempt to secure tho discharge of every
non-union person employed In the fac
tories, Clark charges.
Fires Into Picture
to Commit Suicide
PARIS, Deo. 27. —“Leave mo alone.
Can’t you ** I'm dead. I've just, com
mitted suicide." This was the strange
reply police agents received when they
had forced open the door of Paul Soyer’s
house and asked him what he wag doing
firing a -.revolver in such a wild way.
Soyer carries on n small coal trade In
Paris while his wife sells vegetables In
the street*. It was the latter who gave
tlte police the reason for hunting out
Soyer. The woman nan seen crossing a
bridge shouting wildly: "Hurry, help
me; my husband wants to kill me."
The coal merchant felt sure he had
committed suicide, and the police on
looking around for any grounds for
such statements found that Soyer hml
ired six shots into a picture of him
self hanging from the wall. He had also
shot at his wife's picture.
King Proves ‘Jonah’
at Horse Races
PARIS, Dec. 27. —During hie recent
short sojourn in Paris on his way to
London King Alfonso of Spain was the
Indirect cause of many people here los
ing money.
An enthusiast of horse racing. King
Alfonso could not spend a Sunday in
Paris without taking a flying trip to the
Antetill rack track, where Jumping events
were taking place. He nrrlved there Just
before the third race and superstitious
bettors In looking at their cards found
that a horse Imported from Spain and
running for Its Spanish owner was down
lor the third race. Seeing a coincidence
in this there was a bush for the betting
booths to play Cotirey, tho Spanish-bred
horse, bringing the betting price on this
horse down from 10 to 1 to 2 to 1. Courey
followed the large field of jumpers all
round the track, but finished unplaced.
England Receives
German Aircraft
LONDON, Dec. 27.—Under the terms of
the pence treaty a large consignment of
German aircraft has ariftved in London.
None of the machines are in Hying
condition. There an? two giant Zeppelin
airplanes, one with five and the other
with four 240-hcrse power Maybach en
gines. There if also an all-metal mono
plane. '
Engines and parts of the Gotbas which
took such a hi.g part In eneinyi raids on
London also figure in the consignment.
REROUTE TRAINS
TO AVOID DELAYS
Interurban Officers to Discuss
Problem With City.
Means of rerouting intururban freight
trains go they will not pass through the
congested district of the city will be
discussed by the board of public works
with Dr. Henry Jameson, president of
the board of directors, and James Tret
ton, superintendent of the Indianapolis
Street Railway Company Wednesday
morning.
The board called the conference today
following receipt of a letter from George
J. Weishaur, 014 English avenue, pro
testing against delays on Virginia nvc
'liue street oars, due, he said, to the fre
quent and long interurban freight trains
operated over Virginia avenue and Mary
land street on their way to the Ken
tucky avenue nnd the Terminal Station
freight houaes.
Mr. Weishaur suggested that these
freight trains be run through South
street from Virginia to Kentucky ave
nues.
The board has been considering meth
ods of bettering the Interurban freight
Mtuation for some time. Conditions here
are considered particularly bad by traf
fic experts, because of the fact that
practically all of the freight business
of all of the lines, with the exception
of the Terre Haute, Indianapolis ft East
ern Traction Company, is done through
the adjunct to the downtown passenger
terminal. The T. H., I. & E. uses the
new freight terminal in Kentucky ave
nue, which is owned by the Indianapolis
Street Knilway Company. Many times
it has been suggested that ail of the
Interurban lines should use the Ken
tucky avenue terminal. Considerable
enlargement would be necessary if this
were done. It Is said.
Traffic men hope that the revival of
the freight problem may result in some
action looking toward the enlargement
of the Kentucky avenue station, accord
ing to expressions at the board meeting.
MANY CHANGES
IN ‘BLUE SKY’
LAW EXPECTED
(Continued From Cage One.)
posing schemes, commonly termed ‘blue
ky’ propositions. We, therefore, reeom
mend that the next session of the Gen
eral Assembly give tho matter due con
sideration and adopt whatever legislation
Is necessary to remedy such conditions.”
Tbe present law was the legislature's
idea of carrying ont this provision.
Better Business Bureau, had some
pointed remark* to make about the law,
tboe Interested recalled.
"In the opinion of the bureau man
ager," said Mr. Olwln, "this is not such
a 'biue sky* law as the people of In
diana have been demanding, nor such n
law as they have had the right to ex
pect their representatives in the Sen
ate and House to give them. To our
mind it Is the ideal stock salesmen's
'blue sky' law.
ORIGINAL BILL
WAS GOOD ONE.
"The bill as It passed the 1919 Legis
lature and first pasaed the House at this
special session by a vote of 84 to 0 was
a very good one and designed to pro
tect the public. However, the amend
ments raado In the Senate and accepted
by tbe House transforms it into a mon
strosity so far as a really effective law
is concerned.
"The first amendment struck out the
words ‘principal or agent' In section 1
nnd Inserted the word 'lssuer.' making
this and succeeding sections Hpplv only
the Issuer' who may undertake by ad
vertlaement. circular, prospectus, through
agents or other public „r genera! offering
attempt to dispose of securities, amenda
ble to this law.
"Here Is how this may work: l,et us
call t'm Issuer' the Come On Motor Cor
poratlon with home offices In Illinois.
If they for themselves or through agents
attempt to sell stock In this State they
may come under tbe Jurisdiction of the
'Blue Sky’ Commission. However, to get
around the law they have a secret con
tract with Jones A. Cos., Indianapolis
stock salesmen, to underwrite their en
tire Issue of $1 OUU.OOO at $6 25 per share
of $lO par value. Jones ft Cos. thus pur
chase (hi* stock for their own account
and proceed to sell It In this State for
$12.50 a shore. It t* their stock and
they have 11 right to dispose of It and
advertise It for sale under their own
name. The Issuer does not enter the
State nt nil and therefore docs not come
• under the Jurlxdictlon of the commission.
; Jones Sc Cos. dispose of the stock to tin'
i citizens at 100 per *cnt gross profit and
there Is no information filed with the Sec
retury of State in regard to the Come-On
Motor Corporation.
v "The next amendment which worked
havoc with the bill was that which
struck out all of paragraph G ln section
1 and other parts of the MU requiring
filing of copies of all contracts or agree
ments between the issuer and under
writers of such securities, etc., and all
contracts relative to the sale or dis
position of stock, together with copies
iof tile minutes of directors and stock
! holders relating to or affecting the is
| vites of such securities.
PROVISION WAS
MEAT OF BILL.
"This provision wits the very meat of
| the bill as it passed the House and would
have done more than all the rest of tne
bills put together to protect the public
from the snie of questionable securities.
But the stock salesman does not wish
publicity in such matters, and this part
was stricken from the bill.
•'Without the provision requiring the
filing of copies of all contracts and min
utes rMatlve to the disposition of stock,
most any sort of a deal may be put over
without the knowledge of the investing
public.
"Another amendment struck out ail of
section 20, which made antes consum
mated in violation of the provisions of
the act voidable, providing that request
for tlte return of the money was made
in writing within one year. Is there any
good reason why a sale made in viola
tlon of the law should not be voidable?
But those opposed to a real 'Blue Sky’
law didn't wish such contracts to be
even voidable, and this section went
out.
"The salesman of questionable securi
ties prefers to work under a ‘blue sky'
law If such a law is to his liking, as he
uses the .fact that the State lias a ‘blue
sky' law to boost his sales. We believe
that the Indiana law will suit him. He
will In effect, say, 'Y'o know Indiana has
one of the most stringent ‘blue sky'
laws of any State in the Union. The
commission even passes on the moral
and business qualifications of applicants.
If this stock were not all right, maybe
we wouldn't be allowed to sell the
stock.’ ’’
The revision of the law Is expected to
/bring about a fight ln the Assembly.
Any attempt to pass a really effective
“blue sky” law lias always brought op
position from a certain part of the As
sembly influenced by promoters of get
riek-qulek schemes.
Hoosier, Thought Dead
Twenty Years, Alive
Special to The Times.
BOONVILLE, Ind., Dec. 27.—Eeieved
dead for twenty years, George Feagley
has written a letter to relatives living
near Lynnvilie, this county, that he is
alive and well at Spruce, Washington.
Twenty years a report was re
ceived here that he had been murdered
at Southwestern. Arkansas, and two sus
pects were arrestfd. Oue died pending
trial and one WM 4od*red Insane.
Christmas Present
Story Gets Him by
Special City Judge
‘Shorty’ Lucas Acquitted on
Blind Tiger Charge.
Some persons are always taking the
joy out of life. James A. Lucas, known
as “Shorty" because he Is only six feet
five Inches tall, received some wonderful
Christmas presents, but those presents
caused his arrest on the charge of op
erating a blind tiger.
"Shorty” used to be a member of the
police department nntll Chief of Police
Kinney started an investigation about
some whisky that had been stored In
the basement at headquarters more than
a year ago. Lucas resigned on Oct. 20,
1919.
That cdse had nothing to do xvlth the
present x>ne which landed "Shorty” In
police court today. “Shorty” has a party
telephone line, or possibly tbe wires were
crossed. At any rate he has a woman
neighbor who thinks nothing of listening
in on the telephone line. She called the
police and furnished the department with
the Information that a man would call
at the Lucas home in one hour to pur
chase whisky. Therefore Lieutenant
Houston and Sergeant Chitwood found it
advisable to be in “Shorty's” neighbor
hood in "just one hour.”
Ju City Court they testified they went
10 Lucas’ Rural street home and were
searching the house when two men ap
peared. and, seeing the police, hurriedly
departed.
However, ti:e officers had as evidence
in court one quart of Rossville Bourbon,
bottled in 1920; three pints of Lexington
Club, bottled iu 1920; one empty pint
whisky bottle and three empty quart bot
tles.
Lieutenant Houston testified that Lu
cas told him that the whisky had been
presented to him as a Christmas present,
each bottle being a present from a man
who has offices in the Marcbants Bank
building.
"There was no evidence of sale, and
these were Christmas presents,” said Spe
cial Judge James E. Decry, "the de j
fend ant is discharged."
The judge had pat the Joy back in
life for "Shorty.”
CITY HOSPITAL
COAL IS CHEAP
60 Cents Less Than Commis
sion’s Fixed Price.
The price which the city of Indian
apolis Is paying for steam coal used at
tbe city hospital Is 00 cents less at the
| mine than the figure for this grade fixed
1 by tbe Special Coal and Fuel Commls-
I ojon of the Goodrich State administra
; Mon. figures given out by City Pur
| chasing Agent Dwight S. Ritter today,
dlr.cios The city is having no difficulty
whatever In getting coal on this basis.
! the purchasing agent snid.
The price which is being paid for the
j hospital steam coal, Linton No. 4 slack,
!is $5.70 delivered at tbe Institution. Al
! lowing the $2.25 dealer's margin and the
$1.20 freight charges, the at-thc-mine
price would lie $2.25 The price as fixed
by the coal commission Is $2.83.
Arrangements for the purchase of ap
proximately 10.000 barrels of lubricating
oil which Is used on city automobiles and
; machinery annually have been made for
j 1921 xvlth the Campbell Oil Company of
Indianapolis, Mr. Ritter also announced.
1 The city will pay from 50 to 55 cents
per gallon for the (11 used next year,
i unless there i* n price decline, in which
[case the city will get the benefit of it.
'Mr Ritter s lid.
| Last year tin- oil was purchased from
'the Indian Refining Company at from 45
|to 50 cent* per ;:llon. The same grades.
If purchased fro-.n this coin, any, would
\ have cost from 61 to (18 cents per gallon
1 this year, the purchasing agent said.
I New Administration
May Deal With Japan
WASHINGTON. Dec. 27.—-Diplomatic
! conversations between the l nited States
1 and Japan must be satisfactorily con
i eluded within a month if any ugri>oment
i i* to be made by the present adminis
tration. officials cf the State Department
| lev_U,be known today. Although the con
-1 vernations are still In progress between
tiie Ambassador to Japan. Roland Morris,
and Karon Shidehara, the Japanese Am
bassador. no definite understanding has
| been reached, it was said at the State
Department, and off! inis Intimated that
the whole matter might have to be settled
1 by Fresldent-rlcct ILardlng.
O’Brien Funeral Is
Held at Momence
MOMENCB, 111., Dec. 27.—Lieut. Fat
O'Brien, who won fame as a member
of the British fixing corps In France
during the World War, and xvho com
mitted suicide by shooting himself In
Ills room In a Los Angeles hotel Dec.
17, xvns buried here today.
Starting from the home of Lieutenant
O’Brien’s mother, tho funeral proces- :
slon, headed by Masonic organizations
and composed of nearly the entire pop
ulation of Momence, traversed the single
mile to the burial ground where the
former aviator was Interred with Brief
ceremony.
The Rev. F. Wilson of Momence spoke |
the fiunl xvords of the burial service.
Detroit Girl’s Death
Due to Slow Poison
DETROIT. Dec. ‘27. —After a three days’ I
struggle against slow poison, Elva Snuve, j
18, died in the hospital here earlw Sun- i
day. She xvas too weak Christmas day !
to make the tiip to Chicago, xvhere she
xvns to have been treated by Dr. Car
ter, of Lulkart children fame. Miss
Stmve swallowed the poison the day be
fore Christmas, believing It quinine.
Says Roads Plan
No New Requests
WASHINGTON. Dec. 27.—Railroads are
not contemplating' requests for rates
higher than those granted by the Inter
state Commerce Commission last July,
according to Thomas De Witt Cu.vler,
chairman of the Association of Railway
Executives. Cuvier. In a statement here,
said the roads under private ownership
had moved a larger tonnage of freight
than everbefore nnd also had gotten more
miles out of each freight cur.
Would Sell Blood
for S4O Per Pint
BOSTON, Dec. 27.—There are at least
four persons in Boston willing to sell a
pint of their blood for S4O.
That many men answered an adver
tisement calling for volunteers to give
blood to save the life of a patient at a
Beth Israel Hospital.
Tiie blood of the four volunteers was ,
tested nnd one of the four will allow a
pint of the life-giving fluid to pass from
his body to that of the woman patient, j
Money to Loan on Mortgages
STATE LIFE INSURANCE Ca
CLARA HAMON (
LOVES ALL MEN
Murder Suspect Reveals Secret
Hope to Write Book
of Life.
ARDMORE, Okla., Dec. 27.—CT(f%
Smith Hamon, charged with murder In
connection with the death of Jake L. Ha
mon', “empire builder” of Oklahoma
and politician, probably will not be tried
until after Jan. 17, ii was stated today.
Freqnent conferences between Clara
Hamon and her attorneys are thrilling
Ardmore's community life. \ number
of prominent Ardmorites also visited tbe
offices of Mathers & Coakley, her counsel,
during tbe day, but the attorneys refused
to reveal the purpose of these visits.
Mrs. Hamon, after spending the night
again at her sister's home in Wilson,
Okla., motored Into Ardmore during the
morning. From then until late in the
day, she either attended conferences In
her lawyers offices or remained In se
clusion at the same hotel where Hamon
received his death wound.
Frank L. Ketch, former manager of the
slain oil king, and now administrator
of nls estate, has returned to Ardmore
from Texas. He was expected to meet
Mrs. Hamon's attorneys during the day
as well as the accused xvoman.
The woman is not embittered
men, she told interviewers.
“1 love them all and the women, too."
she confided.
Clara Hamon then declared "supreme
faith In God” explaining were it not for
this she would nave been unable to haxe
withstood what she had.
The woman revealed a secret hope to
write a book—perhaps the story of her
life—but also expressed fears that her
education was not sufficient for the
task.
She likes to read, she said, and turns
now when she wants a laugh, to Cohen *
negro stories. Books, magazines, cur
rent literature and history she named as
furnishing enjoyment.
Already Clara Smith Hamon Is recelv.
Ing offers “to go into the movies or to
take the lecture platform. But her plans
are vague.”
he was released on $12,000 bond when
arraigned Christmas day and is now
staying at her sister’s home, near here.
SENATE FORCED
TO ‘SHOW DOWN’
ON TARIFF BILL
(Continued From Page One.)
: to the Interstate Commerce Commission.
Harrison’s motion was made to give
i opponents of the biil a chance to talk
further, but with no hope of being able
to prevent reference of the bill to the
finance committee.
Six Demo rats voted with the
Bear:? They were Asatirst,
Beckham, Kentucky; Henderson,
[vada; Kendrick, Wyoming; PomereuH
1 Ohio; Sheppard, Texas. ■
Senator Hitchcock opened the flgJ
oa the emergency tariff bill in the Senl
ate by moving that It be referred to thJ
commerce commission instead of tba
j finance committee. I
The bill xxas referred to the SenatJ
Finance Committee xxhich its opponents!
had sought to prevent.
Hitchcock declared the bill was nn em
bargo measure and not a revenue act and
It therefore should go to the commit
tee having charge of matters pertaining
1 to foreign commerce.
He warned the Senate against putting
up it x\al! n-'W against foreign imports,
predicting that other nations would re
taliate In kind. Instead of helping
American btisinc** a n embargo now
would ruin It by prevent! g foreign busi
ness from paying for goods bought here
In the only way they nom can pty for
them—through export* of their own
goods, he said.
The Senate is expected to at*y in ses
s'on until Thursday and then adjourn
over New Years.
The Investigation Into the ccal and
housing situation will resume till* week,
however.
HOUSE TO DO
ROUTINE WORK
WASHINGTON. Dec. 27. —Under a
tlemen's agreement tiie House will avoid
controversial legislation this week and,
drive ahead only with such measures as
are not likely to provoke political de
bate.
The unanimous consent calendar will be
taken up tods- in the House. There are
a number of minor bills on this calendar
that will be permitted to go through
without debate or division by vo,te. One
of tbe measures on this calendar is the
resolution to give a permanent commis
sion as lieutenant general to MaJ. Gen.
Enoch H. Crowder, provost marshal
general*
As now planned, It Is proposed to take
up tomorrow the sundry civil appropria
tion bill, one of the largest of all the
money bills of Congress. It carrie* tbe
appropriations for most, of the public
xvorks, and for more than 1,000 different
Items of Government expenditures.
While this bill lias passed the House
in three days, It generally takes nearly
three weeks so get it through.
With this bill laid before the House,
general debate will bo started that will
continue throughout the working days
of the week, and the bill will not be
taken up for actual consideration by
Items until Monday, Jan. 3.
Under this the House leaders have pre
vented the possibility of a roll call show
ing presence of members until after the
holidays and those members who took
the Christmas week off wiil not be sub
jected to charges of neglecting their du
ties as Congressmen.
The House Appropriations Committal
alone is scheduled for important meofl
lngs this week. It is working on
appropriation bills, thirteen of which j
yet to come. All other House
have postponed their meetings until next
week.
Reds Quit Peace
Meeting, Report
LONDON, Dee. 27.—The Polish lega
tion here refused today to credit reports
that Russia had withdrawn from the
peace conference at Riga.
According to dispatches from Copen
hagen, Adolph Joffe, head of the soviet
delegation, broke off the negotiations, de
claring "the soviets' international posi
tion now Is so strong there Is no need]
for a treaty with Poland.*’ J
fu’iSi
BACOS
Pearsall V
OLEOMARGARINE