Indiana daily times. [volume], December 28, 1920, Last Home Edition, Page 8, Image 8

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

Image provided by: Indiana State Library

                
8
CRUCIBLE STEEL
TOUCHES NEW LOW
Heavy Selling Features Initial
Dealings of Stock Market.
NEW TORK. Dec. 2S.— Heavv selling
of Crucible Steel anti Atlantic (iulf fea
tured the initial dealing? of the stock
market ' day, both those issues being
forced .ievn to new low figures for the
rear. Crucible Steel broke four points to
71% and Atlantic Gulf yielded 4% points
to 93%.
The rest of the list also showed a
yielding tendency and generally showed
losses of from fractions to over two
points.
Steel common sold off % of a point to
77^.
Mexican Petroleum fell 2% to 152%.
American Smelting dropped 1 point to
29%. anew low record.
Reading and Southern Pacific continued
their advance aud made fractional up
turns. .
Baldwin dropped % of a point to SO%.
The market developed strength in many
issues during the forenoon.
Buying of the rails checked th* down
ward movement in the industrials.
Reading rose 174 points to 62% and
reference was again made to the possi
bility that the publication of the dissolu
tion plan may be close at hand.
The company inis only a few days mor
in which to announce its plan unless it
receives a court extension.
Baldwin, after selling down to SO%.
rose to 82%.
Steel common, after yielding to 1 i %,
rose to 78%.
Royal Butch was the strongest of the
oils, advancing to 62.
Price movements continued mixed dur
ing the afternoon, some issues being in
supply while others made moderate up
turns.
American Telephone & Telegraph was
unusually active, falling over 1 point to
93-V
Southern Pacific rights also were
strong, advancing to 24%.
Chandler Motors, after falling to a new
low record of 59%, a loss of 3 points,
rose to GO 1 a.
(By Thomson & McKinnon.!
—Dec. 27
Trading yesterday was on a more mod
erate scale than what we have become
accustomed to during the past weeks.
There were many declines established
during the day, hut there was no evi
dence of general liquidation. In fact, the
commission houses were well represented
on the Inlying side and this business is
developing more and more into an in-
Testmeait character, the buying being in
moderate quantities, and as a rule at
limits on a scale down.
The professional element appeared to
be observers during the early trading,
but later in the day became active and
as a rule on the selling side. This was
pernaps the main cause for the reces
sions noted, and so long as conditions
continue as they are it would be only
natural to expect pressure to develop
from this source.
We have not yet reached that stage
where general public buying is to be ex
{•ected. This buying may not inaterial
ze until there has been an actual up
ward tendency established In the stock
market, and this will come liefore long,
since we will do, as heretofore, begin
discounting tetter business before any
change in business has occurred.
TWENTY STOCKS AVERAGE.
NEW YORK, Dec. 28.—Twenty Indus
trial stocks averaged 6801. down .90 per
cent. Twenty active rails averaged 72.06,
up .33 per cent.
CLEARING HOUSE STATEMENT.
NEW YORK, Dec. 28. Exchanges.
$757.058.426; balances, $68,542,054: Fed
eral Reserve batik credit balances.
$56,628,973.
Money and Exchange
Indianapolis bank clearing* today were
$2,579,000, against $2,593,000 a week ago.
NEW YORK, Dec. 28.—Foreign ex
change opened slightly higher today.
Sterling. 53.51% : francs. .0579 ; lire, .0333;
marks. .0156: Canadian dollars, .8525:
kronen, .1535.
NEW YOKK CALI. MONEY.
NEW YORK, Dec. 27—Money—Call
money ruled 7 per cent; high. 7 per cent:
low. 7 per cent. Time rates, steady: all
7%<&7% per cent Time mercantile pa
per, s cany; sterling exchange was steady
with business in bankers' bills at $3.51%
for demand.
MOTOR SECURITIES.
(By Thomson & McKinnon.)
—Dec. 27
—Closing—
Bid. Ask.
Briscoe 8% 0%
Chalmers, com 1 1%
Packard, com 0% 10%
Packard, pfd 79 74
Chevrolet 400
Peerless 19 22
Continental Motors, com 5% 6
Continental Motors, pfd 92 94
Hupp, com 9% 9%
Hupp, pfd 90 95
lieu Motor Car 17% 18%
Elgin Motors 3% 4%
Grant Motors 1% 2
Ford of Canada 216 220
Federal Trip k 16 19
Paige Motors 15% 16%
Republic Truck 17% 18%
ACTIVE OIL STOCKS.
(By Thomson (t McKinnon>
—Dec. 2S—
—Opening
Bid. Ask
Anglo-American Oil 15% 16%
Borne-Scry inner 39b 410
Buckeye Pipe Line 82 84
Chesebrough Mfg. i'ons 17.5 l‘-6)
Cbesebrongh Mfg. Cons., pfd. 97 100
Continental Oil. Colo 1*44 108
Crescent Pipe Line jc. 28
Cumberland Pipe Line 120 130
Eureka Pipe Line SO s 4
Galena-Signal oil. pfd., new 95 100
Galena-Signal oil. com 44 46
Illinois Pipe Line 155 ltlO
Indiana Pipe Line 83 85
National Transit 22 24
New York Transit 155 160
Northern Pipe Line 90 9.5
Ohio Oil 260 205
Penn.-Mcx 34 36
Prairie Oil and Gas 440 450
Prairie Pipe Line 175 iso
Solar Refining 350 370
Southern Pipe I.ine 97 100
South Peuu. Oil 240 245
Southwest Penn. Pipe Lines 56 60
Standard oil Cos. of Cal. ... 289 292
Standard Oil Cos. of Ind. 65 67
Standard Oil Cos. of Kan. 540 580
Standard Oil Cos. of Ky. ... 380 400
Standard Oil Cos. of Neb. ... 390 410
Standard Oil Cos. of X. Y. .. 315 320
Standard Oil Cos. of 0hi0... 370 ,390
Swan k Finch 15 35
Villon Tank Line 99 102
s’acuum Oil 239 335
Washington Oil 30 .35
NEW YORK CURB.
(By Thomson & McKinnon.)
—Dec. 27
——Closing
Bid. Asked.
Curtis Aero, com 1 3
Curtis Aero pfd 10 20
Texas Chief 6 12
First Vat'onal Copper % 1
Goldfield Con 5 7
Havana Tobacco 1 1%
Havana Tobacco pfd.. 3 7
Cent. Tersa 2 3
.1 nmbo Extension 4 6
international Petrol... 15% 10%
Niplssing 7% 7%
Indian I’kg 3% 3%
ltoyal Baking Powder 108 115
Royal Rak I’off. pfd.. 76 80
standard Motors 6 S
Sait Sreek 22 23
Tonopah Extension.... 1% 1 7.1 c
Tonopab Mining 1% 1%
United P. S. new 1% 1%
V. S. Light and Heat 1 114
U. S. Lt. & Ht. pfd... 1 3'
Wright-Matin 4 5
World Filin % 14
Yukon Gold Mine Cos .. % 1%
Jerome % %
New Cornelia 14 16
United Verde 20 22
Sequoyah 3-16 5-16
Omar Oil 1% 2
Republic Tire 3% 1%
NEW TORK METAL MARKET.
NEW TORK, Dee. 28. —Copper—Weak;
spot, Dec., Jan. and Feb., offered. 13c.
Lead —Steody; spot offered 4%c; '-Dee.,
Jan.. Feb. and March. 4%t04%c. Spflter
-Steady; spot and Dec. offered 3.70 c;
Jan., Feb. and March, 5.55@6.70c.
m
N. Y. Stock Prices
High. Low-. Close, close.
Adv-Rumely pf. 4040 40 •'.<5%
Ajax Rut)her... 25% 23% 25% 23%
Aills-Chalmers. 27% 27 27 28%
Am. Agricultur. 54% 54% 54% 34%
Am. Beet Sugar 37 .30 .37 30%
Am. Bosch Mag. 48% 49 -IS 48%
Am. C. & Fdy.llo% 115% 115% 117
Am. Can 23 22 % 22% 23%
Am. H. A L. ctn. 7 7 7 7
Am. H. &L. pf. 30 37% 38% 38_
Am. Drug 7 0% 0% 6%
Am. lnt. Corp. .32% .32 32% 32%
Ain. Locorno... 75% 77% 77% 79
Am. Smel & Rf. 35 29% 30% 34%
Am. Sugar Kef. 88% 89
Am. Sum. Tob. 70% (19% 00% 19%
Am. Steel Fdr.v, 2% 29 29 % 29%
Am. T. A T 95 94% 95 95
Am. Tobacco... 109% 108% 100% 109%
Am. Woolen .. 39 37% 57% c 9
Ain. Zinc & L. 6% 6 <5% 6%
Anaconda Min. 32 51% 31% 32
Atchison K 074 79% 80% 80%
Atl. Gs. AWL.IOO% 96 97% 102
Baldwin Loco.. 82% 80% 81 82%
B A 0 32% 31% 31% 32%
Beth. Steel B . 54% 52% 53% 53%
Brk. Rap. Trs.. o*s 9% 9% 10
Can. Pao. Ry.. 113% 113 113% 113%
Central Leather 33 32% 32% 33%
Chandler Motor 623* 61% 02% (53
C. 0 56% 54% 56% 55%
C., M. A St. P.. 26 25% 25% 20
C.. M. A St.l'pf. 40 29 29% 39%
Chic. A N0r.... 04 62% 63% 64
(*., R. I. A P. 25 24% 24% 24%
C.KI.AP.OGpf. 59 58% 39 59
C. 1.AP.7%pf.. 63% 58% 58% 58-**
Chill Copper o*4 h
Chino Copper ... 17U> IT 17V4 IJ?*
Coca Cola 20 19% 19% 19 *s
Col Fuel A 1... 27 26 % 26% 27
Columbia Gas.. 54% 54 54% on
Columbia Grap. 10 9% ® s 4 £?%
Consolidat. Gas. 74% 74% 74% * J
Cont. Can 54% 54% 54% • ••••
Cont. Candy Cos. 4% 3% 4% 4 j
Corn Products.. 65% 64 64% bn's
Crucible Steel... 76% 74% 75% *J%
Cuban Am Sug. 27% 26 20%
Del. A Hud 95% 95 4)5% 9n%
D. AR. G. pfd.. 1% 1% 1% 1%
Erie 12% 12% 12% 1- %
Erie Ist pfd 18% 17% 18 Is
Famous Players. 47 46 46 46 j
Fisk Rub. C 0... 10% 10% 10% 10%
Gen. Asphalt.... 39% 37% 38% 39%
General Cigars. 53 52* 53
Gen. Electric.. ..118% 117-’. 118 * H-V.i
Gen, Motors 13% 13% 13% 13%
Goodrich 32% 31% 31% 32
Gt. North, pfd.. 73% 72% 7. 73
Grt. North. Ore. 25% 25 25 *•> s
Gu*f States Steel 27 27 2i *B.
Houston Oil ... 63% 61% *>'- s OTs
Illinois Cent.... 85% 84% 85 Bn%
Inspiration Cop. 28 1 j 2S_ 2S 2>
luterbor Corp... 4 3% 4 4
lnt. Harvester.. 92% 92% 9_% 93 s
Int i Nickel 12% 12% 12% l-%
Inter. Paper ... 44% 42 43 4t
inspiration Oil. 31% '-1 -Is -8
Kan. City So 18% 18 18 Is
Kelly-Spring. .. 32% 32%
Kennecott Cop 1->'h L*% *'•%
Lacks wann Steel 49 4i% 49 48%
Lehigh Valley.. 52% 02% 51%
Leows. Inc l-'% 14v 4 15% 15%
L A N 98% 98% 98i. ;, S
Marine, com. ... 12 11% 11% 12
Marine, pfd. ... 49% 45% 48% 4.)
Max. Motor, coni 2% 2% 2%
Max. Mtr. 2d pfd 3% 3% 3%
Mex. Petroleum. 157% 153% 155 1->S
Miami Copper .. 15% 15 15% 15
Mid. States Oil . 12% 11% 12 12
Midvale Steel .. 36% 29% 30% 30%
M„ K. A T 2% 2% 2% 3
Missouri I*ae. .. 16'.j 15% 16% 16%
Nat. En. A Stp.. 44 46 4* 4%
Nat. Lead 66% 64% 06% 67
Nev. Con. Cop... 8% 8% k% Sn
N. Y. Air Brake 76% 76 76
N. Y. Central .. 6!'% 6S 09% 68%
New Haven .... L lit 1 ., 16% 16%
Norfolk A W ... 96% 96% :,% 96%
Northern Pae. . 79% 77'i 78% 78%
Okla. P. A Ref.. 3% 33 3
I’an-Am. Petrol.. 73% 71% .72% 73%
Penn. Ry 59% 59 39 39%
People* Gas .. 34% 33% 33% 33%
Pierce Arrow .. 17% 16% 17 17
Pierce Oil Cos. .. 10% 9% 9% 10%
Puli. Pal. Car .11*1% 101 101 % mi
Pure Oil 31% 31 % 31% 31%
Ry. Steel Sprgs. 77% 77% 77% . .
Reading 60% 78% 79% 75%
Itep. Iron A Stl. 59% 57% 59% 59%
Ueplogle Steel . 38 52 32 35%
Kyi. Dtch.. N Y 61% 59% 61% 59%
Sears-Roebuck .92 90% 91% 93%
Sinclair 22% 21% 21% 22
S-Sheff. S. A I. 45% 45 45 46 „
So. Pacific 9* 94% 95-i, 94%
So. Ry 21 20% 20% 21
send. OH N. J.. 152 150 152 150
St.L. A S.F.com 19% 19% 19% 10%
Strorn. *’arb.... -K 2727 ! * 2s*4
studebaker 42 43% 4! * 51%
Tt-l ti. Copper (!’, 6% 6% C%
Texas Cos 43% 42% 42% 43
Texas A Pacific 16% '5% 16% 16
Tobae. Prods... 48 7 is 48
Tran*. <!1 6% 6% 0% 6%
Union Oil 20% 19% 20% 20%
Union Pacific ..115% 114% 115% 114%
l\ Retail Stores 49% 48 48 s , 49'*
U. 16% 16% 16% 16%
1 nited Fruit C 0.191 190 190 192
I.S. Indus Aleo 62% 61 61% 63
V. S. Rubber... 56% 54% 55 741%
U.S.Sleel 78% 77% 77% 78%
l .S.Steel pf.l . ..105- 104% 105 105%
Utah Copper 47% 46% 47% 47%
Van Steel. 30% 28% 29% 30
Vir-Car. Cb.-m 32% 31% 31% 32%
Wabash 7% 7% 7% 7%
Wabash Ist pfd 19% 19 19% 19%
W. Maryland. . 10% 10% li% 10%
West. Electric.. 41 40% 49% 40%
White Motors... 32% 32% 32% 37%
Willys-Overlatid 5% 5% 5% 5%
Wilson A V 0... 38., ..s 48% 38%
Worth. Pump.. 4-') 4040 42
NEW YORK LIBERTY BONUS.
' Prev.
Low. Close. Close.
1.. Ii 90.16 59.92 90.20 !M) 00
1.. 15 Ist Is 8.1.90 85.30 8.1.60
L. B. 2d 4s MlO 84.00
1. B. Ist 4>*s... 85.60 85.20 8.100 85.5(1
L. B. 2d 4Via 84.60 M.lO 8116 84.0il
L B. 3d 4Vs 85.50 S7.lt 87 26 87 20
L. B. 4th 4Vi*-.. 8.130 84.74 84.84 85.10
Victory 3%s 95.00 94.86 91 IM 94. m;
Victory 4% 96.00 94.86 94.90 94.94
Terse Market Notes
ATLANTA. Gj„ Dec. 28. The Amrr
lean Railway Express Company has filed
with the Georgia Railway Commission, an
application tor a general revision of its
classification of com modifies in accord
ance with the order granted recently l>y
the lnter* r ate Coiamerte I'oinmsslon.
This petition Is the third to be filed
w ith the Stab- Railroad Commission with
in the last four months, and if granted
will result in an increased revenue for the
corporation, according to li. M. Brice,
ra.c expert of the commission, who is
now examining thr* revised classification.
An Increase in rates of 12% per cent re
el- tiy adopted by tile Interstate Com
merce Commission was followed by a
similar grant by the State* Rail way Com
mission.
NEW YORK, Dec. 28.—The Anaconda
Copper Mining Company passed its s>l
quarterly dividend today. A statement
by the directors said the decision was
reached because “of the prevailing condi
tions in the metal markets." Low mar
ket prices and lack of export demand
have decreased earnings, the directors
said.
*-
MEXICO CITY, Dee. 28.—Export duties
oil a sliding scale based on the price of
silver in New York were decreed today
by President Obregon.
With silver quoted below liOc on the
New York market,, export will be free.
From that figure the scale rises to
*1.40. on which a tax of 14 per cent is
chargeable.
A protective tax on imports was de
creed also.
CHICAGO STOCKS.
(By Thomson & McKinnon)
—Dec. 27
Open. High. Low. Close.
Carb. A Carbon. 47V4 48 47 48
Libby 11V4 11 Vi 11% 11 Vi
Mont.-Ward ..._13% 148*4 13% 14%
Nat. leather ... 7% 7% 7% 7%
Sears-Roebuck .92 90 96% 90%
Stewart-Warner 25% 26 2.1% 26
Swift &Cos 100 IPO% 99% looi/
Swift Inter 24% 25 24% 25
Arm. leather . 12%
Arm. Lenth., pfd 87 87 SO% S7
CLEVELAND FRODCCE.
CLEVELAND, Ohio, Dec. 28. —Produce
Market—B- tter—lv>.tr. in tub lots. 61%
<Q,O2c; prints, 6263 c; extra firsts, 60%
(able; firsts. 58%3p1Uc; seconds. .Vitalii.-;
packing stocks, 17@23c; fancy dairy.
58<ff40c. Eggs Fresh gathered northern
extras. 73c; extra firsts, 73c; Ohio firsts
(new cases*. 71c; firsts (old cases), 70c;
western first? (new easesi, 68c; refrig
erator extras, 62c; refrigerator firsts,
00c; (a case contains 30 dozen). Poultry
Heavy fowls, £7@2Bc; light stock, 20tfS
22c; old rooster*, 19(it20c; spring ducks,
35(g88c; turkeys, WX355c; geese, 28@30c.
T \
HOG PRICES
50 CENTS LOWER
Trade in Cattle Only Fair—
Calves Hold High Figures.
RANGE OK HOG PRICES.
Good Good Good
Dec. Mixed. Heavy. Light.
22. S9.3S® 9.65 9.23® 9.50 9.5@10.00
23. 9 55® 10.00 9..">0@ 9.75 10.25® 10.60
23. 9.75@10.00 9.50® D.75 10.2oigil0.t)U
24. 10.25 @ 10.50 1 C.OO @10.25 [e-mail]
27. 10.25 @ 10.50 10.00 @10.25 10.65 @ 10.85
28. 10.25@10.35 10.00@10.25 10.35@10.50
A lack of shipping orders and a slow
demand by local packers, along with
lower tendencies in other leading mar
kets of the country, sent hog prices gen
erally downward at the opening of the
local' live stock exchange today.
I'rices were steady on extreme heavy
grades to 7a) ceuts lower on lights. Mixed
and mediums were 17> to 25 cents lower.
There v as a top of $10.50 on some good
light' at the opening of the market, with
the hulk of tbit grade at $lO.S5(g 10.50.
Good heavies generally brought $lO, with
a few at $10.25, while mediums brought
$10.27,@10.35.
Roughs were fully 25 to 50 cents lower
at $7.759’5.2‘5, and pigs were off at
$10.75. , ,
The bulk of sales for the early fore
noon trade was $10.25% 10..,0.
There was an opinion among some or
the eommissio nmen that there would be
lower prices before the close of the mar
ket, as lt was not thought that the limit
ed demand by eastern shippers and local
packers would take anyways near the
10,(44) fresh hogs on the market.
Kingan A Cos., usually the largest buy
ers of hogs on the local market, bought
no hoes during the early hours of the
market, anil representatives of the com
pany said that they did not know
whether they would be lit the market
later or not. , .
Trade on the cattle market was only
fair, with no; near the demand that: was
shown Monday, and price* w'eak to 2o
cents loner on some poor cattle of prac
tlcally Hi grades. . frv .
Receipts for the day approximated w**
cattle, with but very little stale stun in
the pen.t from the Monday trude.
There was a resumption of the
prices on calves today, with a top of
$16.50, Mill good calves at slo<f#lo. A
continued keen demand from eastern
houses is the chief factor in the high
prices. , ..
There were around 300 calves on the
narket. , ,
There were less than 000 sheep and
lambs on the market, with prices steady.
HOGS.
Best light hogs, 100 to 200 lbs
average 10.30fS IO.eO
200 to *OO lbs average 10.00® 10.25
Over 300 lbs '*!2'^?
sows s 9° l ?
Best pigs, under 140 lbs 10.,i0®10 io
Bulk of sales 10.-*® 10.30 j
CATTLE.
Prime cornfed steers, 1,314) lbs. 1
and up 10.00&1I.O0
Good to choice steers, 1,200 to I
1.300 lbs 9.00® 10.00,
Good to choice steers. 1.100 to
1,200 lbs 7.i.>® 9.00
Medium steers, 1,0*4) to 1.100
lbs 7.50® 8,.4)
Ci tutnon to medium steers, _ I
B(4* to 1.000 lbs 6.50® 7 .4>
Heifers and Cows —
Good to chops- heifers. 7.2,V(£10.00
Medium heifers '• •' L'J”
Voiiinioii to medium heifers.... 4 00m o.io
Good to choice <ows. SS4I® 7.00
Fair to medium cows o.iO
Cutters 3.2,1® 4.00
Cahners 3.OU® 3.5<>.
—Bulls—
Good to choice batcher bulls. s.7'nf 7.00
Bologna bull* * cO® s.o'i
Light comuinn bull* 3.,5® 4.i3
- Calves
Choice veals IJ^*®l6_4)|
Good veals 14.-4)®L.00 |
Light weight veals !
Medium veals 11,<W® 13.00 ,
Heavyweight calves 7.5'%; .-**
Common heavyweight calves 4.50® 7.50
- Stockers aud Feeders—
Good to choice steers, MX) ib*.
and up B.oo® 8.50
Good to choice steers, under
900 lbs 7.00® 8.00
Medium cows 4.50® -TOO
Good cow s 5-oO® 5.50
Good heifers 5.50® 6.06
Medium to good heifer* 5 00® 600
Good milkers 50.00<a95.00
Stock calves. 250 to 47,0 lbs... 3.00® S.OO j
811 EFT AND LAMBS.
Good to choice sheep 3i4 ® 3..V)
Fair to common 2 boat 2 50
Bucks 2.50® 3.00
Cull sheep I.oo® IJA
Lamb*--
( oroinoii to ,-hai, e yearlings.. 5.50® (1.00
Spring iambs 8.50® 9.i>
Other Live Stock
CHICAGO. Dec. 28. Hogs Receipts.
42,(441: market. llKq2.s'' lower: bulk, $lO
® 10.40: butcher*, $9.9.)® 10.15; packing.
$9 .Void*.7s; lights. $10,154710 57.; pigs,
sl*.2Vii! 10.75 ; roughs. $9,X54i 9.5 b. t attle
Receipts. 15.00 O; market 15c lower;
i.eeves. $7.87i®14 65; tiutchcr*. >.V27."l
10 54); ca liners and cutters. $3.27®5.50;
Stockers and feeders, $4.25(4j’.. cows.
31.75(0 * 27,: calve*.
Receipt*. Hi.iSri; market, 27s- '.ij>; lml>s.
s9fir: 12.75 ; ewes, s.'(o7i..V(.
CINCINNATI, Dec. 2s. Hogs Re
ceipts, 5,200; market generally 50c lower, .
iieavy, $10(d 10,50; mixed, SIOSO, mediums,
lights and pigs, $11; roughs, $9 50; stags.
$7. Cattle Receipt*, l<4; market steady
to strong; bulls strong; calve*. $14.56,
Sheep and lnrnlis Receipt*. 100; msrke.t
steady; sheep, 51.50d14.74*; lainl.s, $.571.11.
' t,|. VFI.AMi. I 28. Hogs tt<
ce.'.pt*. 2,<4)0; market 25fer:-5c down; york i
-rs. $1175; mixed, slHttl].lo; pigs, $11.75;
roughs, $.8,50; stags, $6.25 Cattle Re
ceipts, 2*41; market strong. Sheep and
lambs Receipts. .500; market steady; top.
$12.50. Calve* Receipts, 300; market
active.; top, $17.50.
EAST ST LOUIS. Dec 28 Cattle—Re
ceipts. 3,500; market slow; native beef
Nteers. $10.50di12; yearling In-es steers
and heifers. $12(b13: rows $7f0.8; Stock
ers and feeders, $65/ 7; calves, s9.so<Rlo;i
ennners aid cutters, $3(<1.4..50 ll<<gs ite
ceipts, 1.800; market 27c- lower; mixed i
ainl butchers, $9 75'<i 10 25 ; gooil heavies,!
$0.7.51,10 10; rough heavies $s s<r>/8 75; '
11 lite. $lO% 10 27.: pigs, $9.75();1u.50; tmlk
of sales, $9OllO 75. Sheep Receipts,
2.300; market steady; ewes, su<i4 77>;
lambs. $10,500(11.75; caum-rs and cut
ters, $1.5f10{3.
EAST BUFFALO, iec. 28. (’attic* Re
ceipt*. 2t4); market active and firm: ship
ping steer*. sll..V)oi 12.10; butcher grades,
97((<11 ; cows, 52.500(8. Calve* Receipts,
175; market active to 50c up; culls to
choice, 51,(a 19. Sleep and lambs -Re
ceipts, 8'*); market active and steady;
choice lambs, $130(13.50; culls to fair,
$6.50® 12.75: yearlings, $100M1; sheep,
$2.50(i/(i. Hogs Receipts, 2,0l4l; light
grades active, heavies slow'; vorkers, sl2,
pigs, $12(0 12.25 ; mixed, sll 750)12;’ hen ’
'les, sl l 27. M 1 1.75; rough.*, $8.75®!); t;iga
$6®7.50.
In the Cotton Markets j
NEW YORK, Dec. 28. —The cotton mar
ket opened easier today, owing to weak
cables at Liverpool. The decline abroad
was due to the announcement of the sus
pension of the Bank of Barcelona.
Trade was quite active here ea rly.
Liverpool and Wall street Interest*
were the heaviest sellers on the decline,
while demand was scattered.
Spot houses sold January, there being
three notices issued.
After spiling off about 10 points under
the initial levels, the market struck eov
ering orders, which rallied prices slightly
and the list at the end of the first twenty
minutes was about 22 points net lower.
New York cotton opening; January,
14.10 c; March, 13.90 c; May, 14.05 c; Julv,
14.10 c; October, 14.30 c.
LIVERPOOL, Dee. 28. Spot cotton
was dull at Iho opening today, with
prices easier and sales close to 2.o<*>
bales. American middlings, 34.04d; good
raids, 11..',4d: full middlings, 10 79d • mlds,
9?29(1 ; low mids, 7.04d; good ordinary,
o .’Ud; ordinary, 4.54d. Futures were
quiet.
CHICAGO PRODUCTS MARKET.
CHICAGO, Dec. 28. --Creamery extras.
55c; creamery firsts. 46%c; firsts. 104/510 :
seconds. 33@37e Eggs —Ordinaries, uo.'o
65c; first*. 69t070c. Cheese—Twins, 19V>c,
Live poultry—Fowls, 20t026c; ducks, 28c;
geese, 26e; spring chickens. 26c; turkey*.
40c; roosters, 17c. Potatoes- Receipt s,
20 cars; Wisconsin and Minnesota, $1.50
toi.oo.
INDIANA DAILY TIMES, TUESDAY, DECEMBER 28, 1920.
GRAIN MARKET
UNDER PRESSURE
General Financial News and
Depression Is Cotton Factors.
CHICAGO, Dec. 28.—Grain futures
were under pressure in the trading on
the Chicago Board of Trade today, and
declines were registered In most quota
tions. although some strength was shown’
as trading advanced.
Generally depressing financial news
and the slump in. cotton caused the de
clines.
December wheat opened off 1% cents
nt $1.67%, aud later dropped % cent.
March Wheat opened unchanged at
$1.63%, and Inter dropped 1 cent. May
wheat off % cent* at the opening, 69%
cents, and subsequently regained 1%
cents. May corn opened unchanged at
73% cents and held that figure. July
corn opened nt 73% cents, off % cent,
and later dropped % cent.
December oats lost %e nt the opening,
at 45%c, but regained %c later. May
oats opened unchanged at 48%e, and later
dropping lVc. July oats opened at 48c,
unchanged, and held that figure.
(By Thomson A McKinnon.)
--Dee. 27--
Wheat In accordance with custom the
foreign demand for wheat is not in evi
dence. It is commonly believed that ex
port business will not be renewed until
after the holiday period. There was some
buying by Eastern houses thought to be
against previous export sales. Country
offerings are light nnd bids for ship
ment via the gulf were firm. The Federal
Trade Commission In its report as to
the reasons for the decline in wheat val
ues mentions less buying of flour for
future needs than usual. This is cor
roborated by a recent estimate of the
flour stocks nt leading points which made
them about 50 per cent of la*t year's ac
cumulation. This being so a better de
mand from millers may appear after the
turn of the year. In addition to the
absence of export demand there is an
almost complete shutting off of Invent
mta< demand induced probably by busl
tiecs conditions. The world's financial
situation is again in the minds of the
trade, although lt is believed that at
some lime in tbs near future the situa
tion will commence to clear up. The
course of prices will be governed largely
by {he volume of foreign demand. The
Argr.itine crap is about to come into
competition with North America. It
might l>e well to withhold decide 1 con
vi'tlons until a berter feeling prevails
In tlie commercial world and until the
slxe of the movement from the Southern
Hemisphere develop*.
Corn Rather liberal receipt* of corn,
together with report* that Interior mar
kets were underselling Chicago in the
East, have given a dragging tendency to
price*.
Oats —The holiday dullness prevailing
tn all market* ha* particularly
noticeable In oat*, transaction* have
been mainly in the way of transferring
hedge* from December to May. Visible
supply i* decreasing slowly despite the
comparatively poor distributing demand.
This market' will derive It* action from
the corn.
Provisions—Absence of new demand
has been more of a factor lu provision*
than any prominent selling. The stock*
of froxen meats a*, of December 1. are
materially below anything In recent
v.-ara The size of the foreign demand
will probably uncover the future trend
of prices.
CHICAGO GRAIN TABLE.
Dec. 28—
WHEAT— Open. High. Low. Close.
Dec. ... 1.67% 1.68 165% 166
Mar. ... 1 63% 1.63% 161% l.*K%
Mar ... 158 159 1.56% 1.37%
CORN—
Dec ... .60% 71% .60% -?l%
May . .73 U 73% -T2%
J ill v .73 N <3% ■••'* >3 *
OATS—
Dec. ... .48% .46 .45% .46^
May ... 48% .4*% .48% .4v- 4
July ... 49 .48 .47 * 47%
' Jan _ ... 23.05 23.08 23.00 23.00
Jan. ... 12 70 12.85 12.70 12.73
May ... 13.15 13.35 13.13 U 22
K Jan” ... 11.35 H 46 11 32 11 32
May ... 12.02 12 05 12.02 1-0-
( me AGO CASH Idi 41N.
CHICAGO, Dec. 28. Wheat No. I
hard winter. $1.70® 1 79% : No. 2 hard
winter, $1.77; No l northern spring,
y 1 79 1 - No. 2 northern spring. ¥UOd-q
r„rn * No. 3 white, ■*%') 7(V: NV 4 whip .
i ii> j(./c7%c; No 2 yellow. 76%; No. 3
,W. ;0%<m71%c; No. 1 yellow. (*%w
(19c Oat* No. 2 whlt. 7%c; NO- 5
tt hite. 45% 46%C: No 4 white, 45% /
45%< ; standard, 42®44%c.
TOLEDO ( AsII <, RAIN.
TOLEDO, lie. 28 (Tose: Wheat
Cash and December, *1.1*4; March anil
M: v. $1 >9. Corn No 2, yellow 77c
oats No. 2, white, .51 tos2c Rye No. 2.
*l.'* Bariev No. 2,78 c. (’loversee.l
('■i*h (1919>, $12.40; cusli (1920/ anil Do
.ember, $12.58; January. $12.60; Febm
arv *12.75; March, *l 7 > Timothy
CaVh (1918. JUI 4**; /-ash iltMlt’. $3.50; Dc
(■.‘inbcr January and lecrunr). s■• (* l .
March,' 83 67% Alslke Cash (new-.
.< 1G i■ * a* ■ (oldt, $16.-0; March, $17..<0;
lusTinber, sl--6/'.
PRI.IAUV MARKETS.
(By Thomson A McKinnon)
Dec. 27
Wheat. Corn. oat*.
•Chicago 417,(C0 363,000 188,000
♦ Milwaukee ... 7.000 400.000 137,000
Mlnt-eapolls .. .Wi.tssi 176,000 124,000
•Duluth 134,000 20,000
♦9, l,ouD 422,000 168,000 82,U0n
tT/’<ledi 14.000 16,000 14,000
tDetroit 1.0(8* B,olst 12,(MX*
Kansas City . . 624,(XK) 89.000 15.1X5)
t Peoria ’ 8,000 126,000 40,000
tomaha 13s,<*st Tlysst SO.OtJO
•Indianapolis . 1,000 9,(MS) 2,000
Totals 41,901,000 1,426.000 1,084.000
s'ear 2,092,0<X) 1,458.000 939,000
Shipments
Wheat. Corn. Oats.
Chicago 124,(XX) 115, (XX) 138,090
Milwaukee 37,000 19,000
Minneapolis ... 219.(MM) 71,txc 59,000
Duluth 21,000
8t Louis Ibo.uOO 13.000 07.000
Toledo 9,()(/0 B,<xX)
Detroit .’. 2,009 6,(H)0
Kansas City .. 246,000 16,000 .'(.(XH)
Peoria 2,000 03,009 34,009
Omaha 101,000 29,060 10.0)X9
Indianapolis 49,009 4,00-1
Totals 911,000 431,000 348.000
Year ago 636,000 473,(XX) 523,000
Clearances
Dotn. W. Corn. Oats.
Boston 40,000 ......
Philadelphia .. 208,0(X)
Galveston 1,762,000
Totals 2,010,000 ......
Year ago ... 223,000
•One day.
tTwo days.
INDIANAPOLIS CASH GRAIN.
—Dee. 28-
Bids for cur lots of grain and hny at
the call of the Indianapolis Board of
Trade, wore:
Wheat —No sales.
Corn—Steady; No. 3 white, (ISfqTOc;
No. I white, 6867 c; No. 5 white, 63%
r-t6sc; No. 3 yellow', 73ftf77%c; No. 4 yel
low, 69%“i%c; No. 5 yellow. 04to6fi%e;
No. 6 mired, 05®67%c: No. 4 mixed, 64
o{()6%c; No. 5 mixed, 63@64%c.
Oats —Steady; No. 2 white, 48% to 19 %c ;
No :■ white, 47%@48-\
Hay--Weak ; No, 1 timothy, $266126.50;
No. 2 timothy, $25%25.,50; No. 1 light
clover mixed, $24t024.50; No. 1 clover bay,
#24 50(0 25.
Wheat No. 2 red, 1 car.
Corn No. 2 white, 2 cars; No. i white,
4 cars; No. 5 white, 4 cars; No. 3 yellow,
!. car; No. 4 ytvllow, 6 cars; No. 5 yellow,
1 ear; No. 4 mixed, 2 cars; No. 5 mixed,
2 earn; No. 6 mixed, 2 ears; total, 24
cars.
Oats —No. 2 white, 4 cars; sample
white., 1 car; No. 2 mixed, 1 car; totaß
0 cars.
Hay—No. 1 timothy, 1 car: No. 1 light
clover mixed, 1 car; total, 2 ears.
HAY MARKET,
The following are the Indianapolis
prices for hay by the wagon load :
Hay—Loose, timothy, new, $25 to 27;
mixed hay, new, $23@26; baled
Oats —Bushel new, 50@53c.
Corn —New. 70(<j75c per bußhel.
WAGON WHEAT PRICKS.
Indianapolis flour mliif and elevator*
today are paying $1.90 for No. 1 red
wheat, SI.BB for No. 2 red wheat and
$1.84 for No. 3 red.
On Commission Row
TODAY’S PRICES.
Apples—Missouri Jonathans, per bbl.,
$9; fancy Illinois Jonathans, per bbl.,
$; extra fancy Grimes Golden, per bbl..
s6<to9; extra fancy Wine Saps, per bbl.,
$9; Bell Flowers, per t/oi.. $6.50; Bald
wins, per bbl., $5.50; Spy*, per bbl., $6;
Rome Beauty, per bbl. $8; Kinnard Red,
per bbl„ s6@B; King,* per bbl., $6; Wolf
Rivers, per bbl., $5; None Such, per bbl.,
$5; Malden Blush, per bbl., $4.00; Green
ings, per bbl., $6; Choice Jonathans, per
bbl., $6.
Beans -Michigan Navy, In bag*, per lb„
sto6c; Colorado Pinto*. In oags, per
lb., 6%t07c; Black Eyes, in bags, per
lb., StoOo; Red Kidney*, in bags, per lb,
12@13c; California Limas, In bags, per
lb., $U@lO; California Pink Chih, in bags,
per lb., 7%®Bc; Lintels, per lb., 12c;
dried peas, green, per lb., IK-; split
yellow peas, In 60-lb. bugs, per lb., 10c;
split green peus, per lb., 10c; Marrow
tat bean*. In bags, per lb„ 12c.
Beets—Fancy bome-growu, per bu.,
$1.50.
Banana* -Extra fancy high-grade
fruit, 50t060c per bunch; per lb, B%c.
Cabbage—Fancy Northern, per lb.,
l%c.
Carrots—Fancy home-grown, per bu.,
SI.OO.
Celery—Fancy New York (2-3 crate),
4 5 doss, $4; per crate, $6; fancy New
York trimmed, per bunch, sl.
Cocoauuts— Fancy, per Uoz, $1.25; per
bag of Uil*. $7.75.
Cranberries—Fancy C. C. Howes, per
bbl., $18; per bu., $0.50,
Cucumber*—Fancy Florida small, per
doz., $2.
Grapefruit—Extra fancy Florida (Blue
Goose brand), 365, per box, sa-75; 46*. per
box, $6; 545, 64*, 70s and 80s. pec oox, $6;
fancy Floridas, 30s, per box, $4.25; 465,
$4.75; 545, 64s hnd 70s, $4.75; SOs, $4.75.
Lettuce —-Fancy hotnouse leaf, per lb.,
25c; in barrel lots, per lb., 23c; fancy
California icebergs, per crate, $3.50.
Granges —California, all grades, s3.sutoi
5.50.
Onions Fancy Indiana yellow or red,
per 100-Jb. bags $1.75; fancy Indiana
white, per 160-lb bag, $2; per bu, $1.25; I
fancy Spanish, per crate, $2.25.
Parsley—Fancy largo Bikes, p K r doz,,
$1.06.
I‘otatoes —Fancy Michigan and Wiscon
sin round whites, per 150-lb. bag, $3; 5
or 10-lb. bag lots, per bag, $2.90; fancy
Idaho Gems, per bag. $2.50.
Radishes —Bottou, large bunches, per
doz., sl.
Swet Potatoes—Fancy Tennessee Nacy
Halls, per hamper, $2.50; fancy Eastern
Jerseys, per_ hamper, $3; fancy Indiana
Jerweys, $2.75. •
Spinach—Fancy, per large crate. $3.
'Turnips—Fancy washed, per bu., $1.23
to 1.50.
Kale —Fancy, per barrel, $2.
Caullfiower —Fancy California* per
(rate $2.46.
Oyster Plant-Fancy, per doz., 60c.
Leek Fancy, per doz., 30t035c.
Sage—Fancy . per doz.. 45c.
Tomatoes—.-Fancy ripe, per G lb. basket,
si.3u; fancy ripe, 0 basket crate, $9
Rutabagas—Fancy Canadian, per 60
lb*. $) : per 100 It.s, $1.75.
Peppers Fancy, per small bosket, 75c.
Kumquats— Fuucy Florida, per qt., .'MX.
Tangerines—Extra fancy lofis, 168 e
boxes, $4.25; 1965, box, $3.
Lemons —Extra laucy California*, 300a
per box, $4 50.
Grape*—Fancy California Emperor*,
drum*. 31 lbs, $7; Imported Spanish Ma
lagas, per keg, sll% 12.
Sa.-aairas Bark Per doz. 40-.
Nut Mea's —Pecan*, 5 lb cartoons, per
lb, 90c; Walnuts, per lb, 60c; Almouds,
per 11). 55c; Filberts, per lb. 40c.
English Walnuts—Fancy, per lb, 26
t0.31r.
Pecans —Fancy, per lb, 25t080c.
Filberts—Naples, in bags, per lb, 24(d
26c; Sicily, In bag*, per lb. 20'u23c.
Brazils Large, washed. In bags, per
lb. 32c.
Halatn* Fancy Spsn!*h clusters, 20
pkg* to boz, per box, $8.25; 5 1-lb pkgs
to box, per box, $2.40.
Hickory Nut* Sbellbark*. per lb, 10c.
Weather
The following table shows the state
of the weather at 7 a. m., Dec. 28, us ob
served by U. 8. weather bureaus.
Station Bar. Temp. Weather.
Ifidlanajioll*, Ind. . 30.2* —A ( ipsr
Atlanta. (~i. 30.12 26 Cloudy
Amarillo. Tex. ... 30.1s 2% I'tCldy
Bismarck’, N I*.. . 29 6 1 12 I’tCldy
Boston, .Mas* 29.76 34 I’tCldy
Chicago, 111 30.20 4 Clear
clnrlunatl, O. ..... 30.30 4 Clear
Cleveland, o. .... 30.14 10 Cloudy
Denver, Colo. ..... 30 02 54 Clear
Dodge City, Kan. . 30 12 20 Clear
Helena. Mont .... 29.90 44 Cloudy
Jacksonville. Fla. . 30.04 52 Cloudy
Kriii*** City, Mu. . .30.18 10 Clear
Louisville, Ky. ... 30.36 8 Clear
Little Rock, Ark . 30,34 20 Clear
let* Angeles, ( si. . 3012 54 Clear
Mobile, Ala 30 22 32 Cloudy
New Orleans, I.a. . 30.26 34 I’tCldy
New \<>rk. N. Y... 29.9*1 84 Cloudy
Norfolk, V 30.06 40 Cloudy
Oklahoma city ... 3024 lb I’tCldy
Omaha. Neb 30 04 4 I’tCldy
Philadelphia. I’a. . 29.98 36 PtCldy
Pittsburgh. I’a. .. 30.16 16 Cloudy
Portland, ore 30.02 50 Rain
Rapid City, S. D. . 29.80 54 Cioudy
Roseburg, (r>' ... 30 12 42 Rail)
ban Antonio, Tex . 50.3.S 28 Clear
San Francisco, Cal 30 16 4s Clear
St. I.ouls, Mu 30.30 6 Clear
St. Paul. Minn. ... .30 o*l H ( lear
Taiupu, Cia 30no 6<i Ruin
Wubitliigton, D. 30.06 34 I’tCldy
WEATHER CONDITIONS.
Tlie area of <x>ld weather oxer the north
central Stairs yesterday morning ha*
moved eastward the Ohio and Mis
sissippi Valleys and southward to the
Gulf coast- Drops In temperature of 20
degrees occurred In the upper Ohio Val
ley and at points along the middle Gulf
roast. Temperatures of r.ero or below ex
tend Into central Illinois and Indiana.
They are rising rapidly over the Missouri
Valley, (he rise* it mounting to oxer 40
degree* at elution* in Montana, North
Dakota end South Dakota. Light preelp.
Ilatlon occurred In the Atlantic coast dis
tricts, the I.al.es region and tlie North
Pacific /states. The remaining portions
of the country are generally fair.
T. G. SHIPMAN',
Temporarily In ( barge.
Meteorologist, Weather Bureau.
WHOLESALE PRODUCE,
Eggs—Fresh, loss off fi3e.
i’oullV? —Fowls, 2t%/ 2’.V ; springers, 25c;
cocks, 17c; old torn turkey*. 35c; young
ton/ GirkeyH, 12 lbs and up, 40c; young
hen turkeys, S lbs and up, 40c; cull, thin
turkey t not wanted; duck*. 4 lbs nnd
up. 25c; dusks, under ( lbs, 20o; gee* ,
10 ll>s and up, 20c: aquabs, 11 lb* to doz!
$7; guineas, 2-ll> xlze, per doz, $6.
Rabbits Drawn,' per doz, $2.50.
Butter—Buyer* are paying 50@51e for
creamery butter delivered at Indianapo
11*.
Butterfat—Buyers are paying 45t046c
for cream delivered at Indianapolis.
WHOLESALE IiKKF PRICES.
The following are today's wholesale
market prices for beef cuts a* sold by
the Indianapolis markets. Price* quoted
by Nwitt A t'o.:
Ribs—No. 2,35 c; No. 3,20 c. Loin*—
No. 2,22 c; No. .3,17 c. Round*—No. 2,
24c; No. 3,17 e. Chucks—No. 2,15 c; No.
3,12 c. Plate*- No. 2. 14; No. 3,12 c.
LOCAL HIDE MARKET.
Green Hides —No. 1, Gc; No. 2. sc. Green
Calve* No. 1,8 c; No. 2, 6%c. Horse
hides—No, 1 $4; No. 2, $3. Cured Hide*
—No. 1. 8c; No. 2. 7c.
Coal Company’s
Employe Arrested
William A. Rliyneasson, 44, of 295$
North Delaware street, who has charge
of the yard* of the Indianapolis Coal
Companay ill 320 South West street, was
arrested today charged with conspiracy
to commit a felony and embezzlement.
It Is charged the manipulated P* l )’ rolls
and succeeded In embezzling $601). His
arrest followed a story told the police by
Holland Keene, 25, negro, who was ar
rested on a vagrancy charge.
Frat House Burns
Special to The Times.
TERRE HAUTE, Did., Dec. 2S.—The
Chapter house of Theta Xi, a loenl fra
ternity nt. the Rose Polytechnic Insti
tute. was destroyed by (ire today. An
estimated loss of $15,000 Is partly cov
ered by insurance. Furniture and per
sona! belongings of students valued at
$.8,000 were destroyed.
It is thought the fire started when
carpet or furniture near an open grate
became Ignited.
TAXI DRIVER HELD
UP BY HIS ‘FARE’
Identifies Man Taken by Po
lice as Assailant.
A “holdup” was almost solved before
lt was reported to the police last night.
Tom Graham, a taxi driver, telephoned
the police that he had been held up. The
police went to 1121 Windsor street to In
vestigate and met Graham. The latter
said that a man hired him to drive him
from that address to 25 Schiller street.
At North and East streets, Graham said,
the man broke a window from the taxi
and got out, pointed a gun at him and
held him up.
A half hour earlier other police of
ficers answered a call to 523 North East
street, on the report that a man was on
the rear porch. They found George Mc-
Cannon, 21, of 25 Schiller street, sitting
on the porch. He was arrested on the
charges of drunkenness nnd later the
charge* of drawing deadly weapons and
malicious trespass were added.
The police then learned that McCannon
was the man who wa* In the taxi. Mc-
Cannon was locked up In the cellroom as
he failed to obtain $2,000 bond.
McCannon was fined' $i and costs on
the charge of drunkenness In city court
today and the other charges were dis
missed.
OWNERSHIP OF
AUTOS CLOUDED
BY BOOZE LAWS
(Continued From I’age One.)
they have attempted to get county and
city authorities throughout the State to
strictly enforce the State prohibition law,
which provides more drastic punishment
than the national law.
However, it. has been recognized that
the use of the automobile Is one of the
chief parts of the, machinery for illicit
traffic in liquor. To break up the use
of the automobile in the underground
transportation system as far as possible
the Government some time, ago decided
to start seizing the car* of bootleggers
and rum-runners wherever possible.
Since the offenders were not being prose
cuted under the Federal law* It was im
possible to seize the cars under the Vol
stead act, so It was (ledde/1 to proceed
under Sections 3450 and 3258 of the Re
vised Statute*. Section 3450 provides for
the seizure of any vehicle used in the
transportation of Itquor upon which the
federal tßxes have not been paid ami
Section 3208 provides for the seizure of
any and ail property found upon prem
ises where an illicit still is in operation.
75 CARS
SEIZED.
Under inis arrangement Federal Pru
; hibitlon agent* have seized approximate
ly seventy five automobiles In various
parts of Indiana Six libel proceeding*,
i by which the government would obtain
P-gal possession of th< se cars, have been
started against about forty persons, in
: these forty cases some twenty persona.
| other than those from whom the cars
j were seized, have filed claims that they
are the rightful owners and that the cars
i should lie turned otct to them,
i The question as to the legality of scc
jllon* 3450 and 3258 n*s raised In the
’ suit of the Oovotment to libel an auto
mobile which wag seized by the police
of Indianapolis for the prohibition agents
from Clifford 11. Capps, 1950 Ludlow ave-
I nue. The Indiana Investment and Securt
‘ tie* Company, represented by Judge
Leather*, claimed tlx* car on the ground
! that lt had obtained litk* to it by pur-
I ''basing negotiable paper from the J. V.
| Line* Company, from which Capps pur
| chased It under a conditional sale con
j tract. Judge Leathers claimed tDaC the
government could not keep the car, since
jfnpps had never finished paving for it,
laud that hence the title rested with the
: Indiana Investment and Securities Com
i puny, which had no knowledge that It
1 was to be used to violate the prohibition
;or revenue laws. He further contended,
' s(n"e the libel procedure was brought
under (he revenue sfattiutss, that these
section* are no longer in force.
Section 3450, under which this partlcu
-1 lar case was instituted, provides for the
seizure of vehicle* being used to trans
port liquor upon which the Federal tax
has not been paid.
OLIN B.AI.ES CO.
CLAIMS TWO CARS,
Tlie Oliu Snics Company appeared ns
claimant of a car seised by the local
|> police from Jlnrlcy Carleton. s<ol Ken
; lucky avenue. It wa* shown that Curie-
I ton t* In the Marion County Jail nerving
j n State court senteure for violating the
i liquor laws and the case wa* continued.
The Olln Sales Company claimed that
It was the rightful owner of the car
under the arrangement cited by the oth
er sales agencies and negotiable paper
dealers.
Tlie Olin agency also appeared as
claimant of a car seized by the police
from Elmer Hansen, 1010 English ave
nue It wa* stated that Ilansen bor
rowed the car from Mrs. Harry Wash
burn, then serving time nt tho Btato
penal farm for violation of the liquor
laws, ami,that Washburn had purchased
it upon the payment plan from the Olln
company.
The three cases which were postponed
were a* follows:
—John Hornberger, 1710 Union street,
claimed a car seized from his son. Clar
ence Hornberger, while the latter was
alleged to have been “rum-running" with
It.
Tlie E. W. Steinhnrt Terre Haute Com
pany, automobile sales agency, and the
Allen Sc Steen Company, negotiable paper
dealers, both of Terre Haute, claimed
two ears seized from Thomas Garner at
Terre Haute. The same credit arrange
ment prevailed in this case.
Two ears seized from William Smith
and William Shoemaker. 134 West Ari
zona street, by the police, were claimed
by Mrs. William Smith and Mrs. William
Shoemaker, on the ground that each
owned the cars since they had furnished
the funds for Ihelr purchase and that
neither knew the husband* were going
to use the cars for Illegal purposes.
When attorneys announced that Henry
Carleton could not appear In court be
cause he was In jail Judge Anderson
asked :
"Are you sure he hnsu't been par
doned ?”
Attorney Symrnes replied that be didn't
know because he wss not Involved in
the county court case.
"Well, tills is the yuletide season when
they are supposed to pnsx out the par
dons, you know," the court continued.
Sanitary Bonds Go
to Union Trust Cos.
The Union Trust Company of Indian
apolis won the $200,000 five year 15 per
cent gold bond issue of (lie board of
sanitary commissioners today. Tlie com
pany bid par, with accrued interest nnd
offered a premium of $6. The money will
be used to retire temporary loins and to
enrry on the sewage disposal plant work.
Auto Driver Freed
Charges of manslaughter against
Joseph Hnndcock, 1226 East Twenty-
Ninth street, driver of tb* gutoinoliile
which struck and killed S. D. Pierce, 910
Fair Ground avenue, Dec. 14, near H4l
Oliver avenue, were dismissed In City
Court today by Judge Walter Pritchard.
Dr. Paul Robinson, coroner, recommend
ed that the charge* be dismissed submit
ting evidence which showed that Pierce's
death was accidental and that Handcock
had not violated tbe law as to Bpeed or
traffic ordinance^
Marriage Licenses
Thomas J. Kinney, Kokomo, Ind 30
Della Lefftngwell, 428 N. Bancroft,... 22
David Baker. 1311 Lafayette 40
Fannie Martin, 606% Torbett 31
William Carpenter, 1025 Church at... 31
Marguerite St. Claire, 1025 Church.... 22
Bernard Lawson, 2033 Ruckle 22
Lorraine Free, 1221 Sterling 21
Joseph Pcndarvis, Speedway, 1nd.... 32
lone Montgomery, 1112 E. Washington 28
George Henderson, 122 Cora 37
Susie Lewis, Mitchell, Ind 34
Fred Cunningham, 1901 Ruck1e..,,... 22
Esther Berry, 732 E. McCarty 23
Leo Flanedy, Chicago, 111 27
Frances Gilbert, 412 N. Riley 21
Births
Howard and Myrla Cottman, 2328 Mar
tlndale, girl.
Cecil and Opal Bates, 238 S. Warman,
boy.
Joseph and Anna Emmenger, 410 S.
Addison, boy.
William and Bertha Ramey, 1960 Co
lumbia, girl.
Everett and Mary Wayman, 1327 Sil
ver, girl.
Carl F. and Ester Bowman, 1210 W.
New Y'ork, girl.
Kulpli and Germaine Thrasher, 734
King, girl.
Grover and Lula Hodge, 434 Moreland,
girl.
William Lloyd and Amelia Sloan, St.
Vincent's, girl.
Raymond Valentine and Ida Ketter, St.
Vincent's, boy.
Basil and Bernice Robinson, St. Vin
cent’s, girl.
John B. and Corene Beonllen, 2024
Broadway, boy.
Walter and Helen Riley, 931 Massachu
setts, girl.
Sain and Mary Dolce, 510 S. East, boy.
Joseph Richard and May Ray, 2176
Hazel, boy.
Jarvey and Laura Brown, 2806 School,
girl.
Oscar and Rose Scales, 1216 Udell, boy.
Arthur and Veola Davis, 938 W. Twen
tieth. girl.
Walter S. and Ruby Voile*. 1734 W.
Minnesota, girl.
Carl and Tlllie Herner, 44 E. Raymond,
girl.
John IT. and Pearl Struckman, City
Hospital, boy.
Charles Edward and Beulah Wright,
Citv Hospital, boy.
Frederick and Mary Jackson, City
Hospital, boy.
Oden B. and Ethe! Kelly, City Hos
pital, girl.
Frank and Louise Miller, City Hos
pital. boy.
Paul and Louise Henning, Protestant
Deaconess Hospital, boy.
Frank and Katherine Klrshner, Prot
estant Deueoness Hospital, girl.
Stanley nnd Georgia Miller, ICCI W.
Thirty-Fifth, boy. !
Pedro nnd Alicia Do Da Cruz, 2022
Boulevard Place, boy.
John W. and Chartie Procter, 1126 E.
Twenty-Second, boy.
Andrew and Ida Thompson, 960
Roache. girl.
Walter and Anna Fenwick, 2435 Rader,
girl.
Thomas and Marie Ryan, 124 S. Ar
senal, boy. „ „
Irwin T. and Ida Giddens, 229 N. Tem
pie, girl.
Lawrence W. and Thelma Jackson. 4L>
N. Jefferson, girl.
Deaths
Ora Magley, 61. Apartment 25, Emeelle,
mitral insufficiency.
Robert Donahue, 79. 1541 Fletcher, ar
terlo sclerosis.
Myrtle Amanda Jones, 40, 2501 Cornell,
sarcoma of left hip.
James Edward Slevin. G 4, Central In
sane hospital, dementia paretics
Winfred 1., Scoggan. 1, 1807 Dexter,
lobar pneumonia.
Hie Holmes. 14, 2206 Gale, diabetes.
Russell M Kelieuis. 28. 30 S. Holems.
pulmonary überculosis.
Katherine Schwab, 2, Cltj hospital,
erysipelas. „
Harvey Whltecoiton. 26 days. 100. L.
Georgia, lobar pneumonia.
Hdon M. Lindemsn. 15. 830 N. Oakland,
general peritonitis.
Carrie M. Mansfield, 50. Deaconess hos
pital, diabetes.
Elmer K. Weir. 51, Methodist hospital,
acute cardiac dilatation of heart.
Anna M. Richardson. 50, 1632 E. Wash
ington. ihrouic nephritis.
Mary Adkins, 60, 569 W. Morris, acute
dilatation of heart.
A media M. Beckman. 71. 1422 E. Kelly,
chronic interstitial nephritis.
Lot-cue Telle 1/riper, 75. 2221 Howard,
chronic bronchitis.
Jer.nlo Bauer, 54, City hospital, hemi
phlegia.
John Henry Newbauer, 55. 418 N. New
Jersey, angina pectoris.
Thelma Shern Whitman, 3, 1048 N.
Uaugh, basal meningitis.
Jesse Hubbard, 74, City hospital, car
cinoma of sigmeid.
C. L. U. to Investigate
Hospital for Insane
As the result of an Investigation con
ducted by T. N. Taylor, president of the
State Federation of Labor, the Central
Labor Union has named J. E. Smith,
Uhnrlps Kern and William Neu on a
committee t- look Into conditions at the
Central Hospital for the Insane.
Mr. Taylor told the union that the Cen
tral Hospital for the insane Is a fire
trap; that It is infested with rat*, and
that many of the patient* are obliged to
sleep on the floor because of inadequate
equipment. He complimented Dr. George
Edenharter, superintendent of the insti
tution.
A. J. Fritz, secretary of the State Fed
eration of Labor, declared the State board
of charities "is r. poor investigating
body."
Jury Discharged
After starting nn investigation of nn
alleged attempt to “fix" a jury in tbe
Marlon County Criminal Court, the grand
Jury, which was held over thts week on
the request of Prosecutor Claris Adsms,
was discharged today.
Mr. Adams announced that the grand
Jury did not make n report on the "spe
cial and urgent matter*," which was pre
sented to it. It Is thought the special
matters might be taken up by the new
grand jury which will be empauelled
Jan. 1.
The grand Jury In submitting its final
report returned one Indictment of a
minor nature.
Lowe Goes Over Books
Greenherry Lowe of Newton County
was nt the office of W. G. Oliver, auditor
of State, today, going over the work of
the settlement clerk, which position he
will fill beginning Jan. 1. Mr. Lowe hus
been deputy auditor of Newton County
for nine years.
Mr. Oliver originally announced that
the appointment would go to Howard W.
Dußols, deputy auditor of Fulton Coun
ty. Mr. Dußols later decided not to
accept the appointment.
HAY PICKED TO HEAR CAKE,
Judge Linn Hay of Superior Court,
room 2, today was asked to sit as spe
cial judge In the Circuit Court In the
disbarment proceedings brought against
James A. Bryant, a negro attorney, by
officers of the bar association. A change
o r venue was taken from Judge Harry
Chamberlin. Announcement has not
been made If Judge Hay will preside.
STONE HILL CAUSES SUIT.
Judgment of $2,500 Is asked in a suit
filed lu Superior Court, room 1, by At
torney General Ele Stansbury, in the
name of Marion County, against A. B.
Meyer A: Cos., charged that the company
had overcharged the county for crushed
stone used in road improvement work.
The suit is based upon a report filed by
the State Board of Accounts.
First Mortgage Bonds SE 4 T O °
bALt - To Yield Over 9% 4isLemck*Bij
We are pro- | fy on tarm an
pared to make city propert
THOS. C. DAY Sc CO.
EDITOR’S CASE
RUNS INTO SNAG,
Postponement Stops Defend
ant’s Filing Answer^
HOUSTON, Texas., Dec.
ment of appearance today lclA/ Fifty-
Fifth District Court until Jan.
4 stopped defendants filing an
answer to the damage suit filed several
weeks ago by G. V. Sanders, editor of
Houston Press, asking $25,000 for false
arrest.
The defendants, Col. Billie Mayfield,
Texas National Guard, and three lieu
tenants of the guard, were expected to
Ole answers to the charges brought by
Sanders. F. F. Smith, assistant attorney
general of the State, is acting for May
field.
Sanders charged the officers with at
tempting to arrest him, following attack*
by the press on the military occupying
Galveston during the longshoremen’s
strike. Sanders Is asking the court to
decide If the military may come out of
Its zone of operations and arrest civilians.
GRAMMER GIVEN
TERM IN PRISON
(Continued From Page One.)
mer, 372 North Holmes avenue; Elizabeth
Hastings, 5 North Jefferson street;
Steven C. Dark, 38 Baldwin block, Kate
Nichols, 916 North Alabama street,
Elizabeth Warwick.
“We could trace six of his victims,”
said Mr. Worley. “Men and women lit
earily swamped the office with com
plaints.”
Kate Nicholson testified she paid
Grammer and his “partner by tbe name
of Wright," a total of SBS to attempt to
establish her claim in an estate. She
said she never received any benefit from
the investment.
Elizabeth Hastings testified that she
nnd her brother paid Grammer a total
of $220 to investigate an estate in Cleve
land. She said she worked daily at the
Diamond Chain Company plant and paid
Grammer from her earnintgs.
Others testified of “hiring" Grammer to
locate lost relatives, as well as to trace
their interests In estates. Asa side line
Grammer also sold bath tubs, but In two
Instances the tubs purchased were never
delivered.
Grammer took the witness stand in his
own defense and claimed he operated a
straight agency and it wasn’t his fault
if there was no estate for his client*.
OTHERS
SENTENCED.
Judge Collins sentenced other* to
State institutions, among them being
Anthony Hornek. 23, and Travis Holl
ingsworth, 21, robbery, live to fourteen
years at the reformatory; Harry Hedge*,
Issuing fraudulent checks, SIOO and costs,
which is to be served on the Indiana
State Farm; Douglas Johnson, a negro,
assault and battery, from two to four
teen years, and Julius McWllliam, a ne
gro, from one to fourteen years,
charged with stealing a diamond ring
valued at ss<X>. -
Hornek and Hollingsworth admitted
holding up Melvin Branson, of the Alrjß
ander apartments and stealing $768.32
longing to the Piggley Wiggley Com
pany, on Hallow’een night. The two men
used masks and a large army revolver.
To Purchase Suits
for Child Patients
A special meeting of the board of di
rectors of the Marion County Tubercu
losis Association has been called for
morrow noon nt the L. S. /yres & afl
tearoom, to tak.- immediate notion
[the purchase of Csquimo suits and
for the child patients at Sunnyside
toriuiu, it was :u;;,„nt)c.-d today
L ■ '---a r\JMi|^Hß
s-hi"-! far t
torium's child patients, the r.ced
ter equipment for the outdoor
has been pressing. The present
mas seal sale has made possible the
. chase of this new equipment.
The board will also take- action
establishing a system whereby
children of the county, outside
a polls, may be given hospital facilitiH
free of charge for operations to
tonsil and adenoid defect*.
merits tentatively have been made at
Charity Hospital, In North CaliforuH
street, and at St. Francis Hospital; in
Beech Grove, for case* of this charac
ter needing Immediate attention.
Liberty, Rum and Coin
Taken From 2 Leggers
Charged with operating a blind tiger.
Harry Hoffman and Albert Witt were
found guilty and sentenced to thirty
days In Jail and each fined SIOO by Judge
James A. Collins, in Criminal Court to
day. Evidence showed the police found
111 quarrs and 107 pints of whisky and
a case of gin in Hoffman’s home on North
Keystone avenue, and 137 half pints, four
cases of pints and two ca-es of half pints.
Both men claimed they did not attempt
to sell the whisky. The court ordered the
whisky confiscated.
THREE FIRMS INCORPORATE.
The following Indianapolis firms have
filed articles of incorporation with the
secretary of State;
W-I Film Service, capital. $10,000;
Joseph Wolntrop, Samuel Epstein, Ida
Waintrop, incorporators.
Federal Auditing Company, capital,
$5,000; Edward Dilts, William Feeney,
Agnes Bordeau, Incorporator*.
CnBS Utilitv Equipment Company, cap
ital. $10,000; Robert M. Cass, Clifford M.
Haworth, Murray Owen, Mary E. Black
er, incorporators.
PRINCIPLES of
PROFITABLE c/
INVESMENT
This book tells vou how to make
a profit on stocks how to avoid
the ’“wild cat" and select the
sound security. It shows you
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Ask Us for This
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you on the list to receive a spe
cial New Year offering that will
help you to make 1921 your
Banner Year.
KRIEDEL & CQ
Investment Bankets
E>7 So. LaSalle St., Chicago