davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-03-03
Few Choice Light Weights
Bring Top of
$14.10.
Hog prices We're forced 10 to 2

Hog prices We're forced 10 to %
cents higher in the mid-week ses-
sion at the Indianapolis Livestock
Exchange. Continued light receipts.
estimated at 5000, was the cause of
the rise. Holdovers from Tuesday,
numbering 597, were added to the
total fresh receipts.
A few choice lightweight porkers
commanded the top price of S14.10.
The bulk of the matured hogs were
sold at prices ranging from S12.60Q
1875. The rebound to higher values
was a reaction from the unusual de-
preston in Tuesdays market.
Hog Price Scale
Trading was done over the follow
ing scale of values: heavyweight
material brought s11.9O@12.6
mediums sold at $12.75Q13.1O; lights
moved at $13.45@13.75; light lights
commanded a price OF $13.75; pigs
cashed at S13@13.75; smooth pack
ing sows were selling at $1O.50Q11;
rough packing sows were $10@10.5 so,
and stays were $7.5O91050,
The cattle market continued strong
and advances were marked up on
steers and heifers. Choice steers
were priced as high as 81, while
heifers Of the best quality were
marked up to $40. Cows were steady
and prices ranged from SO to 81. The
run Of material, estimated at 900
head of cattle, was sold steadily.
Calf Prices Steady
A run of sheep and lambs, esti-
mated at 100, was too small to es-
tablish a definite market trend in
that division. Prices remained steady
in most cases, however. Lambs wSfe
quoted at $12014 and sheep were 81
az. Traders are expecting q ship
ment of over 1000 western lambs to
arrive at the Indianapolis market in
few days. They probably will be
priced at $3.50
The calf market ruled steady to
weak. The early morning opening
was steady with Thursdays close,
but values slumped off slightly as
the day progressed. The top prices
paid for the best veals We're $3.50,
and the bulk of the calves was dis
posed of at prices ranging from s14
Receipts were estimated at 500.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-03-03
Local Bank CiearingS
March g.

March j.
Indianapolis bank clearings for today
amounted to S5.275 900. Bank debts for
today totaled $7,O49. 600.
NEW YORK CLEARINGS
NEW YORK March 3.--Clearings. 81,
IL. 600. 900: balances. Sl09 900 900
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-03-03
Local WAGON Wheat

Indianapolis mills and grain elevators
are paying 81 .63 for No. Q red wheat
Other grades on their merits
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-03-03
Average Stock Prices

Average price of twenty industrial stocks
for Wednesday was 147.06. off 3.a2. Aver
age price of twenty rails for Wednesday
was 105.42. off 1.73.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-03-03
SHIPPERS FORECAST

North and sast, Is to 20; south and
west. 20 to 20.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-03-03
Bank Stocks

Ssh interstate Pub s prior lien a 500
81 900 Indpls Northwestern a ..... 73
Evening star., 1926-12-11

ing the worker feel that he is an in
telligent, cooperating human being
not a mere inanilnate cog in the ma
chinery. Suggestion boxes are being
established to convey thus new spirit.
House organs have sprung into being
in virtually all large business insti-
tutions as means Of expressing the
new attitude of friendly relationship
between management and men.
Management recognizes the need of
stirring the interest of workers in
order to get the best results. In
these days OF machine production this
effort strikes at one of the funda
mental new psychological problems of
business life.
Personnel managers are being dis
trustful of general rules in dealing
with men. They are coming more
and more to the view that individual
attention is required to straighten
out msundersta ndings.
A famous theatrical manager had
rare capacity for getting his subordi-
mates to cooperate. He never seemed
to give orders, but to accept suSges-
tions. If he decided to send Mr.. Blank
from New York to California ON a
special mission he would ward off
possible unwillingness to make the
trip by saying: "Mr. Blank, your idea
that it is advisable for you to go to
California is a good one, and 1 have
decided to act on it,"
AS a matter of fact, this was the
first Blank had heard of the plan, but
he was pleased to have the idea label
ed as his own. The ethics of the
theatrical man may have been bad,
but his psychology was excellent.
A real test of the capacity of lead.
ership is the ability to give orders
without offending subordinates.
Different men require different
treatment and the employer who be-
lieves that he can quickly learn all
that is necessary about the riddle Of
personality in correspondence school
course is on the wrong track.
Infinite patience, understanding
and sympathy--not mere mechanical
formulae-are necessary for one who
wishes successfully to direct the en-
ergies of men.
Evening star., 1926-12-11
COTTON |SSTEADY
|. IN TRADING TODAY
Prices React a Little After
Early Advance-CabIeS
Are Factor.
By the Associated Press.

NEW YORK, December 1.-THE
cotton market opened steady today
with prices to points higher in re-
sponse to relatively steady Liverpool
cables which evidently promoted fur
ther week end covering. Trade sbuy.
ing also was reported in the Spring
and early Summer months. but on a
little more Southern selling prices re-
acted after the initial advance to 1882
for January and 1882 for May. or
about to points above yesterdays
closing quotation. Trading was quiet
and fluctuations narrow.
Liverpool cables said hedge selling
had been absorbed by trade calling
and covering in Liverpool.
The amount of cotton on shipboard
at the end OF the week was estimated
at $4,000 bales, against 10000 last
wear
Evening star., 1926-12-11
TOBACCO SALES LIGHT.
District Farmers Hold
Prices Are Too Low.

LYNCHBURG, Va, December II
R).-Sales OF dark loose-leaf tobacco
on the Lynchburg market this week
aggregated 100000 pounds. the aver
age price being $7.56. Fine grades
were especially strong. some offer.
ings selling as high as $40. The light
sales are due largely to dissatisfaction
of the farmers because of low prices.
They are thought to be holding for
stronger market. The demand for
common tobacco is very poor. The
sales for the year have aggregated
2.4Ol 200 pounds. a decrease OF / .026,-
700 pounds when compared with sales
a year ago.
DANVILLE, Va, December IL Cp).
The Danville tobacco market will
close December II until January 3 for
the Christmas holidays, by which time
1t 1s estimated that 35 ,00O, 900 pounds
will have been disposed Of. Ware
housemen here doubt IL the market
will go as high as $4,000 900 pounds
by the end of the season. as they be-
lieve fully 75 per cent Of the crop has
been marketed already. No sales were
held today, but a big week is looked
for starting Monday.
Evening star., 1926-12-11
BY STUART p. WEST.
L al fNisrafnh 70 nyha Star

NEW YORK, December 1.-THE
willingness of capital to accept a
constantly lower return ON invest
ments Of the highest grade and the
search for securities not 80 highly
ranked, because Of the relative at
tractiveness of the yield, are the chief
features of the present market situa-
ton.
If banking opinion looked forward
to any change in money conditions
this would show in bonds which the
hanks buy for themselves. The fact
that United States Treasury loans are
selling at their highest prices on rec
ord. that some of the Liberties have
gone to top figures for the year and
that the Treasury has recently done
it's new financing on a ga per cent
basis-all this is of much significance.
1t could not mean anything. else
than that the best Informed judgment
in Wall Street sees no signs ahead OF
higher money. There are three fac
tors which in the past have altered
a money situation like the present.
one Ia a trade expansion, the second
a big speculation, the third general
and extravagant rise in commodity
prices.
The present investment must be
regarded as an indication that none
OF these factors is likely to develop.
Compared with a year ago the COM
modify level Is down in some IN
stances considerably. There is
good sized turnover in business, but
M suggestion of a boom. F1naily.
a. no stage of the last two months
has the stock market turned sharply
inward after it's violent read1ust-
ment of September and early Octo-
her nor has there been any indica- :
tion OF a speculative revival like that
of the Autumn of 1879.
stock Market Advances.
stocks have been going up more
, than anything else in consequence OF
the reluctance OF holders 10 sell. ii
profits are taken now they must
be- declared under the income tax
and the question arises, into what
are the proceeds or investment safes
to he nut? Hence, actual holders
are not Influenced by the spectacle
of rising prices and. sensing this,
the professional Wall Street inter-
ests feel that their buying opera
tions are not likely to encounter
much opposition.
Day by day during the last week
the market has gone ahead, not in
general fashion. but rather by indi-
yiduai stocks and by groups. No
effort has been made to force the
pace and this is good sign. That
the public is not rushing in the way
II did in November. 1925. and
March, 1928, may not possibly be
to the liking of those who have the
! more speculative stocks for sale,
but 1t is certainly not a symptom
| Of weakness.
With the speculation proceeding
Evening star., 1926-12-11
TEXAS AND OKLAHOMA
TO GET TICKER SERVICE

NEW YORK, December IL O9.-A
new ticker service covering Dallas,
Fort Worth, Houston. Oklahoma City
and Tulsa. to be opened December 90,
will give brokers i'm Texas and Okla.
homa full New York Stock Exchange
quotations Is or 20 seconds after they
appear on the tape here. it was an.
nounced yesterday.
The Western Union Telegraph Co.
has patterned the service on the Chi.
cagoPacific Coast service opened last
March. Quotations will be transmitted
simultaneously to coast cities and to
Dallas. With Dallas as a repeater
point, the quotations will be retrans.
mitted to cities in the new field.
Evening star., 1926-12-11
CAPITAL CONSTANTLY TAKING
LOWER INVESTMENT RETURNS

normally-that is, not going to ex-
tremes-and with an uncommonlv
strong investment background, the
market position appears sound. Bond
prices. taking the average are at the
highest since pre-war times. They
have even eclipsed the midsummer
market of 1917, when the situation
was being prepared more or less arti-
ficially for the launching of the first
Liberty loan.
The investment surplus which would
like to be employed In securities of
the first degree is going more and
more into others: for instance, the
standard dividend-payjng rails and
preferred industrials which are abun-
dainty secured and yet WHICH, of
course, are not in the class of United
States Government issues and the
first mortgages of the rails. In fact.
these concessions on the part of cap
ital have now got to the point where
there is q readiness to accept indus
trials or speculative rating provided
these have a good dividend record nd
can show in their earnings a sub
stantial margin over dividends.
1t is this investment buying power,
constantly showing itself whenever
prices yield at all. that underlies the
present market and keeps IT steady
with prevailing upward tendency.
Foreign Bonds Strong.
Confidence continues to be expressed
in the genuineness of the European
improvement. The advance in Ger
man bonds, with the government per
cent at the highest they have ever
sold, has been one of the striking
features of the week. The French
TVS have been selling at top figures
for a year. French francs, after hay.
ing reached and passed the fo,1r-cent
level, had moderate reaction. which
was to be expected, since the French
government was anxious not to have
trade dislocated by too much of an
advance in the paper currency.
1t does not appear whether the
French treasury has actually inter
vened in an effort to keep the franc
down. But it is quite certain that the
desire is to let trade catch up. az II
were, with the increased value of the
franc. If temporary stabilization
can be brought about somewhere
around present rates and French in.
dustrial operators can get their wages
and costs adjusted accordingly.
further recovery in the franc might
be contemplated later on.
The cotton market is still the most
depressing spot in domestic business.
The latest Government estimates have
| worked out a probable crop total of
| over 1S,G00,0 900 bales. Prices have
sunk. remembering that this comes on
top CT big carry-over of the previous
! season. 10 almost the lowest of the
year. Wall Street is watching cotton
and sugar the way it watched wheat
two and three years ago to see
whether the economic law of a com.
| modify not allowed to sell indefinitely
below the cost Of production is going
to work out.
Evening star., 1926-12-11
THREE HELD IN sWlNDLE.
Indicted in Atlanta on Altered e1,-
100000 Larceny After Trust.

ATLANTA. Ga. December II LpD.
H. d. Gaines. d. w. Nichols and
D. J. Grimes, arrested here In con-
nection with a $1.0oO,ooO swindle
scheme Wednesday. were indicted yes
terday by the Fulton County grand
jury on Is counts, charging larceny
after trust
Gaines. who was captured late Wed
nesday, after he had eluded officers
when they raided Offices Of the men
in a downtown hotel, and Nichols
who was taken in the coup, are being
held in Fulton Tower in default of
$4,000 bonds. Grimes Is in q Gov
ernment hospital at Augusta, being
observed for mental delinquency.
The three men are believed to be
instigators OF a national "pay-in-ad-
vance" advertising scheme. On re-
ceipt OF checks and money orders
poultry, honey and oranges offered at
unusually low prices usually were not
delivered.
Evening star., 1926-12-11
WILL REDUCE OUTPUT.
European Steel Consortium to Cut
in First Quarter Of 1927.

PARIS. December II P).-The
European steel consortium, which is
headed by France, Germany, Luxem-
ourg and Belgium, yesterday con-
firmed report from Luxembure that
the steel output of the trust would
be reduced 100000 tons during the
first quarter of 1927.
No decision has been announced on
the application of Polish and Czecbo-
slovakian steel masters to enter the
cartel, but nothing has occurred TO
weaken the belief here that both will
be taken in.
Evening star., 1926-12-11
New Orleans Market.

NEW ORLEANS, December IL
R.-The cotton market here today
opened steady, with first trades 2
points down to points up. Prices
advanced after the opening, owing
to better Liverpool cables, and the
New York market opening firm. De-
cember traded up to 11.SS, January
to 11.S6 and March 1903. Near the
end of the first half hour prices were
3 to points up after a decline of sew
eral points. Selling appeared to be
in an effort to force week end liquida-
ton.
Evening star., 1926-12-11
CLOSER RELATIONS.

ATLANTA, December II (Specian
Closer trade relations between Al.
lanta and the Southeast and Cuba are
seen by business men as a natural
result of the action of the Federal
Reserve Board in awarding the Cuban
agency to the Atlanta reserve district
exclusively. An increase Of s48. 600
000 Will be ordered in the loaninr
capacity of the Atlanta bank imme,
dlately on the withdrawal of the Bos
ton banks Havana agency.
Evening star., 1926-12-11
RECEIVERSHIP ENDED.
Court Order Discharges j. Birney
Tuttle of Aetna Indemnity.

=. HARTFORD. Conn, December IL
@.-The receivership of the Aetna
Indemnity Co. was finally terminated
by court order yesterday. The com.
pany was thrown into receivership
because Of financial troubles in Jan
uary, 1911, and suits were begun
against it by clients all over the coun-
try.
The final order signed by Judge l..
j.. Nickerson yesterday discharged j.
Birney Tuttle as receiver, whose rec.
ords show that a hundred lawyers
who contested claims before him are
dead.
Claims filed against the Aetna In,
demnity Co. amounted to 81 900 600,
but these were reduced by a million
dollars after court battles. The re.
ceivership paid 81 per cent on the
5000, 600 of allowed claims.
Evening star., 1926-12-11
STUDEBAKER BUYS COTTON

NEW YORK. December II P-
Recent announcement by the Stude
baker Corporation that it would h,,v
a bale of cotton for each car sold in
the Southern States has been followed
by the purchase of 400 bales, Atlanta
adVlces state. through the Anderson.
Clayton Co. in that city.
Evening star., 1926-12-11
WILL CUT PREFERRED.

NEW YORK, December IL R.-
Austin Nichols & Co. has notified tbs
New York Stock Exchange of q pro-
posed decrease in authorized pre-
ferred stock from 10000 shares TO
138,500.
Evening star., 1926-12-11

NEW ANS-Manufacturers
of candy say sales are considerably
larger this month than in November,
but that the demand for Christmas
promises to fall under that of 1925
Evening star., 1926-12-11

IL has been found that up to about
10 years of age. childrNn draw q hu-
man figure in preference to any other
subject
Evening star., 1926-12-11
THE, BUSINESS OF GETTING
AHEAD.
Directing People by Formula.

George Meredith wrote the poig-
nantly beautiful novel 'The Ordeal Of
Richard Feverel," to reveal the dan
gers of attempts by parents to raise
children in accordance with rigid pat
terms. He told the story of firm
father who tried to bring up son in
conformity with fixed set of rules.
Each child Is an individual and re-
ouires personal attention. More in
telligent parents are coming to recog-
nize this. The newer forms of educa-
tjon encourage children to follow their
own inclinations and impulses. instead
of making them ruthlessly conform to
a machine-made normal.
In the field of industry unenlight-
ened employers still look upon their
workers as "hands." They think Of
labor as something as abstract and
standardized as merchandise. Their
workingmen constitute only SO many
units.
This attitude begets misunderstood.
Evening star., 1926-12-11
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Office

Following Is list of bonds and
stocks traded in on the New York
Curb Market today.
Evening star., 1926-12-11

Have You Been Stung Yet:
Some men have to get stung good
and hard before they learn to be eau
tious in making investments. Before
you invest--invesligate.
Evening star., 1926-12-11
Each Worker Individual.

The wiser employers, who have de-
yeloped capable personnel depart
'ments know that each worker is an
individual personality, with hopes. de.
s;ires ambitions, talents and defects.
The best results go to those who rec
ognize individual variations and give
workers sufficient scope to exercise
their own inclinations. Accordingly
foremen and department heads are
coming to be looked upon as leaders
not drivers.
The newer employe-employer rela-
tionship policies recognize that the
best results can be obtained by max
Evening star., 1926-12-11
TREASURY CERTIFICATES.

c----Close.
Bid. Offer.
.3hs June i5.. iss7.. 100 4-ss 100 s.33
4 " 3 Dec. 15. 1927. 101 6-32 101A
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10
ROBERTS ITEMS

Harold Hogan and Albert Budas of
Roberts visited in Clark, Wyoming,
Friday.
Mr., and Mrs. Joe Allen of Roberts
left Wednesday for Seattle, Washing
ton, They expect to stay for an ex-
tended visit before returning to Rob-
erts.
Mrs. Fred Butcher and son of Miles
City are visiting Mrs. Butchers
mother, Mrs. Henry Allen of Roberts.
Mr.. and Mrs. Albert Budas enter
tanned number of friends at their
home Wednesday evening in honor of
their son Albert, Jr., the occasion be-
ing his birthday. The evening was
spent in playing cards and dancing. A
delicious lunch was served at mid
night. Among those present were:
Mr.. and Mrs. Claude Hudson, Mr.. and
Mrs. Oscar Bergan, Mr. and Mrs. Emil
Hiekkila, Mr.. and Mrs. John Abra-
hanson, Mr.. and Mrs. John Tunnicliff,
Mrs. John Monahan, Mrs. Mike Ho-
gan, Mrs. Pat Monahan, Mrs. Albert
NORM, Mrs. John Piettilla, the Misses
Esther Wilson, Leone Bergan, Ruth
NORM, Bertha Wilson, Leona Hogan,
Esther Bertrand, Josie Allen, Hazel
Monahan, Sylvia Maxi, Esther Abra-
hanson, Mary Hudson, Mile Maxi,
Judith Clark, Jovita Ingram, Mildred
Walker, and the Messrs Jalmar Maxi,
Raymond Allen, Toino Homi, Joe Bert
olino, James Hunter, Mr.. Chapple,
Lyle Hunter, Harold Hogan, Bud Tin
sley, George Pietilla, Albert Budas,
and the host and hostess.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10

A number of Roberts people attend
ed the dance at Riverside Inn, Absa-
rokee, Saturday night. The mite
Owls" of Roberts furnished the music
for the evening.
The Roberts Band is giving con-
cert and dance tomorrow night. Every
one is invited to attend. The mite
Owls" will furnish music for the
dance.
A large number of Roberts people
attended the dance given at Peter sons
Pavilion Friday night. Music was
furnished by Arts Melodians.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10

On the first night one of the stage
hands, for lark, filled the blank she'll
of the revolver with rock-salt.
The actor managed his fall dramati-
cally.
I'm shot! I'm shot" he cried, and
rolling to the footlights, Jay still.
Soon he began to feel the singing
effects of the salt, and became ex-
tremely nervous.
Just before the curtain went down,
the audience was terribly surprised to
see the apparently dead man rise to
his feet.
"By Jove!" he shouted, as he got up,
81 am shot!"
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10
Making it Plain

After being out of work for several
months, new actor got very small
part in melodrama.
All he had to do was to get shot at
in the first act, cry I'm shot!" and
fall near the footlights, dead.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10

Mrs William Campbell and children
and Mr.. and Mrs. John Masslck left
Sunday morning by car for Livingston
where they will be the guests of
friends for ten days. Phil Noble is
working in the Cooperative store dur
ing Mr.. Massick's absence.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10

Phil Gardner, representing Carbon
Post No. II of the American Legion,
headed local committee which visited
the cemetery on Memorial day and
placed flags on the graves of veterans
of the World War.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10

Mr.. and Mrs. Fred Thomas, Of An
aconda, were calling on friends here
Thursday and Friday. Mr.. and Mrs.
Thomas formerly lived here until
about two years ago when they moved
to Butte. They recently moved to
Anaconda.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10

As New York city has 100000 peo-
pie, our ambitious young men need not
think that any brass band will meet
them at the station when they go
down there to astonish the world.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10

Mr.. and Mrs. Ed Garrett and FAM
lily left by car Sunday for Dallas,
Texas, where they expect to make
their home. They were accompanied
as far as Kansas by Mr.. and Mrs. H.
L. Gardner, the parents of Mrs. Gar
nett.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10

Mr.. and Mrs. Ben Foster, and fam
lily and Mr.. and Mrs. Albert Erickson,
of Billings, enjoyed three days fish
ing trip on the Clarks Fork last
week.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10

Mrs. Hannah Thompson and small
daughter, arrived here last week from
Alaska to visit here at the Mikesell
home and to be present at the we'd
ding Of her sister, Miss Winnifred
Mikesell, which will occur soon.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10

The infant twins of Mr.. and Mrs.
Ned Townsend died Saturday night
after living only a few hours. Mrs.
Townsend is recovering nicely.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10

William Brown and family returned
last week from three days fishing
trip accompanied by Mr.. Browns two
sisters, who left Thursday for their
home in Iowa.
The Carbon County news. [volume] (Red Lodge, Mont.) 1924-1931, 1926-06-10

Mr.. and Mrs. George Mcneil and
daughters, Agnes, Elizabeth and
Helen, left by car Saturday for Their
mopolis where they will spend two
weeks visiting