Indianapolis Times, Volume 35, Number 178, Indianapolis, Marion County, 5 December 1922 — Page 13
DEC. 5, 1922
STUDEBAKER GAIN I FEATURE.SSTOCKS 35.000 Shares Are Turned Over on Initial Transaction of Exchange. GENERAL LIST IRREGULAR International Harvester Selling 61 Points Below Its High Record of 1919. Twenty active industriai stocks on Monday averaged 95.10, off .81 per cent. Twenty active rails averaged 85.16, off .70 per cent. By United Financial NEW YORK, Dee. 5. —The Wall Street Journal today says: Trading in thè whole market at thè opening of thè New York Stock Exchange vas overshadowed by thè strong opening" in Studebaker, of which 35,000 shares were dealt thè initial transaction. The stock ehowed a gain of 1% to £l4 points in anticlpation of (i substantial dividend at today’s meeting. Irregularity characterized thè generai list. Sterllng’s firmness around thè highest levels since 1919 suggested thè abÉence of alarm over thè Near East ltuation but thè professional operators in stocks were not averse to employing forelgn news as pretext for renewal of their actlvitles on thè side of thè deelining prices. Pressure of this origin gave thè generai market a heavy tone in thè hour. Continental Can, Studebaker and a few peclaltles remained strong, but stem broke to a new low on thè move at 101% and its example was followed by most of thè speculative leaders. International Harvester is selling 61 points below its high record in 1919. It has declined approximately 15 points since thè announcement that thè semiannual stock dividendi would be discontinued. Harvester is doing a much better business and in thè current quarter, it is said will earn its common dividend. LIVERPOGL SLUMP FELT 11 CHICAGO
Crains React to Financial Conditions in Europe. By United Financial CHICAGO, Dee. s.—Grain prices on thè Chicago Board of Trade today cpened steady to sllghtly lower, due Ito a Sharp drop in values at Liverrpcol. Statement® of Secretary of Agriculture Wallace and Ambassador Harvey to thè effect that Europe needs grain but may not be in condition financially to buy it, taken with thè former’s statement that there has been overproduction of grains in thè United States, were reflected on thè market. Com was down slightly aster thè cpening because of big locai hog receipts and a generai decline in thè price of porkers. Buffalo led In this drop, with prices down from 10'5'45c. There was also a sympathy movement with wheat. There were no features in thè buyIng of oats. which were steady and fractionally higher at thè opening. but dropped later. Provisions were irregular. LOCAL HAY MARKET Look hay. SI 7li 18 Timothy. baie*. 16fi1d.50.. Mixed h.y sl4® 1650. Cora —New. 65fi>0e: old. 75c. OaU, 50®53c LOCAL WAGON WHEAT Ko. 2 wagon wheat, sl.lß. CURB MARKET IRREGULAR ON OPENING TRADES Oil Stocks Are On!y Oncs to Show „ Strength. Bv United Financial NEW YORK. Dee. o.—Early dealfings on thè New York curb market today proceeded in extremely irregular fashion. One or two oil stocks showed strength while otners were very easy and thè same was true in thè industriai group. In thè oils, Standard Oil of Kentucky continued its strength of yesterday. It mai le 122% and on thè very next sale jumped a full point. Mammoth Oil was another stock which was up slightly. However, Standard Oil of Indiana went downward in an active market and at 114 was off a full point from yesterday’s dose. Among thè industriala, Durant was active and went to 15V*. With thè strength In Studebaker and with thè automobile shows opening, firmness on thè part of thè motor stocks is not eurprising. Generally thè industriai list was quiet. BOND MARKET SALES ARE SMALL AND SCATTERED Liberty Bond*. Are Off Slightly at Opening. By United Financial NEW YORK, Dei:. s.—Small well seattered throttgh thè list featured thè earlv dealings on thè listed bond market today. As is usuai in such a market there were few outstanding features. News that thè Interstate Commerce Commlssion has approved thè reorganization pian of Missouri. Kansas & Texas centered interest in thè securities of that road Both thè adjustment ós at 59% and 'thè 6s at 96 a i were up fractionally. but thè demand that develnped seemed certain to push them up further lf it is long continued. Liberty bonds were off slightly at thè opening. In thè foreign group thè British 5%s of 1929 were strong. reaching 111. DRESSED BEEF PRICES Wholesale prices of dressed beef (Swlft b Co.) : No. 2. No. a Ribs . 1 Round* lò 14 Cbucks IO 8 Piate* 8 7
Modem ‘Sheik ’ls Proud of His Many Conquests
lìy United yeics CHICAGO, Dee. s.—Most modem Don Juans and "sheiks” cease boasting of their conquests thè moment thè police get hold of them, but now and then there’s an exception. C. A. Anderson, for instance, is 48 years old and bald, but admits be’s stili a “sheik” of thè first water. Mrs. Edna Hooper Anderson, his latest wife, who had him arrested for non-support; thè police, and Anderson himself, all agree on this point. When Anderson was arrested as ho stooiì on a Street corner waiting for an alleged affinity, and thè police sound nearly tour hundred love lettera from various women in his hotel roorrn here. Anderson protested on thè rather unusual grounds that inasmuch as he had other wives from whom he had never been divorced, thè fourth Mrs Anderson wasn't legally married to him and consequently wasn’t entitled to support. This didn’t help Anderson much, and now he faces charges of bigamy. His case was continued when he was arranged in court, to allow thè police to investigate this amazing matri monìal record. Anderson sat in his celi latér and traced a rosy trail of love, which led through lowa, Missouri, Teras. Oklahoma and Illinois. He boasted that he had sweetles all over thè map, and told reporters how he rìid lt. “When I talked to anv woman about matrlnaony, thè only question that carne up was thè time." Anderson said shyly. “No woman refused when I made my offers, and many didn’t wait for me to propose. “In me you see a member in good standing of virtually every matrimoniai club, bureau or agency In thè
HBG PRICES ftRE DONIIS CENTS Heavy Supply of 15,000 Causes Sharp Break. f Hog Price Pai tu Day 250-300 lbs. 200-235 Ibs. 150-180 lbs. Noi. 27. 8.25 8.25 8.25 @ 8.3 > 28. 8.30** 8.35 830 si 8.35 8 35<<: 8.40 1:9. 8.4044 8.45 8.40® 8.45 8.5041 Suo Dee. I 1. 845 8-45 8.50 2 S4O 845 8 40*1 8.45 B. lofi 8 .>0 4. 8.30® 8.35 8.30® 835 835® 840 5. 8.15 8.15 8.20 <8 8.2., A heavy supply of over 15.000 I caused hog prices to break 15 cents |at thè locai stockyards today. A good demand was noticed, however. and thè market closed about steady. Light hogs sold at $8.20® 8.25 and heavies and medium sized weights bruì- Ut $8.15. Pigs continued in goi demand. selling at thè price of thè load up to 55.35. Sows lost about a quarter, thè bulk selling at $7 and 1 thè quotations ranging from $6.75® I 7.25. Cattle trading developed fair activity. with a good demand fur all classes. Prices held steady. Keceipts. 1.000. Calf prices ruled steady. with 500 in thè pens. The top reached in thè trading wa* $12.50. Receipts of only 100 head made thè sheep market only nominai and prices ruled steady, with lambs at sls down and ewes at $5 down. Hot 150 to 200 lba $ 8 20® 8-25 Medium 8.15 Heavy V • jj-. 1 ,? v.v.v.v.*.v.v.v:r::::: 8:|o® ssr. Packinff 0.75® 7 25 —Cattle— Few cholee pteers $12.00 @12.50 Prime eorn-fed er*. 1,000 to 1.300 lbs 11.00 si 12.00 Good to oboi"' teers. 1.000 to 1.300 il. 9.20<& 9.70 Good to choice steers, 1.000 to 1.200 lbs 8 2o si 9 2o Good to choice sieer*. 1.000 to 1,100 lbs 7.7u@ 8.20 Common to medium s tee re. 800 to 1.000 lbs n.7o@ 6.70 —Co and Heifers— Choice lijrht lieifers $ 9.00® 10.50 Good tight heifers 7.50 8,.>0 ! Medium hetlers H.oOfi 7.2., ' Con n:on heifers 5.0044 0.00 Good to heoiee heavy cows. 5.50® 0.2. Fair cows 4.00® .>.OO ! Cutters ;J 0(IH 3 .al Canner 2.u08 _.70 —Bull Fancy butehei bulli $ 5 00fi 5..0 Good to elione buteher bull*. 4.00® 47t> Bologna bulla 3.75® 4.2-> Light bologna bulla 3.00 4® 3..>U Choù* veals $11.50® 12.00 Good veals 10.50® 11-50 Medium veals P. 50 ®IO o 0 I.ighlwelKnl veals 8 5044 9.50 Heavyweight veals.7.so® 8.00 Common heavies 6.504* 7.50 Top 12-50 — Bheep and Lambs — Culls 5 2.2ufi 3.50 Good to ehoice ewes 3.50® 0.00 Few ehoice lambs 15.00 Good to ehoice lambs .. ... 13.50® 14.50 Heavy lambs 12.50® 13.->0 Culi ìanibs 7.00 Bucks 3.00 OTHER LIVE STOCK By United Financio’ NEW YOKK. Dee. s—Steer nomi al' market on common, s9® 11: market on others. sl2® 13: sel.-oted elione. sl6® 19: demand. fair. Cows —Supply. normal; market. slo® 11: demand, fair Bui!—Supply. light market on common, $6.50® 7.50. demand. fair. Kosher l>eef chucks and plates—Supply, normal; maraet, sl3® 18; ileniajul. slow. Kosher binde and rtbs—Supply. norma!: market. sl4® 15: der.iand, fair. Veal —Supply. moderate: market. $17®20: demand. fair. Lambs— Supply. moderate; market. s27® 28: deniar.d fair. Mutton —Supply. moderate: market. 514®16: demand. fair. Pork—Supply, liberal; market, $18@19; demand. tair. CLEVELAND, Dee. s.—Hogs—Receipts, 3,000; market. 5e ìower: yorkers. sß.7>; mived. $8.55fi 8 00: medium. [email protected]: pigs. $8.75: rondi, $7; stags. $4.50. Cattit —Rei-eipts, 200: market, steady ; good to choice hulls. ss@6; good to choice steors $1011: good to cholee heifers. s7® B: good to choice cows, $4.50®5.50; fair to good cows s3@4: <-omrnon cows. s2@3; niilohers. s4o® 75. Slieiip and lambs —Receipts. 500- market, steady; top. $15.30. Calve — Reeeipte. 300; market, óOe lower; top. $12.50. IN THE COTTON MARKET By United Financial NEW ORLEANS. Dee. s.—Cotton open ed up 10 to 29 points .January. 24 87, up 10: March. 24.74. up 15; May. 24.69. up 14. Juty. 24.50, up 29 Bu United Financial LIVERPOOL- Dee. .5. —Cotton spot quiet: prices easier. Futures opened quiet. Open. High. Low. Cloee. January 13.91 13 92 13.81 15.84 March 13 72 13.72 13.62 13.64 May 13.51 13.54 13 48 13.48 July 13 35 13 35 13.29 13.29 LINSEED OIL Indianapolis dealer?, quotations on barrei quantitles: Rw. sl.Ol per gal.: bolle®. $1 03 per gai ~ NAVA*7sTORES Ineanapoiis d£3***rV nri**e on tuf- j Dentine in barre 1 ar ti*** *1 9 per irai.
United States. My career began when I left my first wife and children in Salina,, Kan., where I had to sell my home to pay my debts. A lovely woman, thè first Mrs. Anderson, and a fine mother.” There eerned to be some little girl waiting for him everywhere he went, Anderson said, as he traced his progress and polirli ed his bald dome with a handkerehief. “Ah, those corn-fed beauties or lowa,” he y rhapsodizod, "There was Dalsy for instance. Front teeth set rather wide a part, giving ber a goodhumored expression. A chubby face and cheeks like apples. How I used to like to pinch those cheeks. And there was Flora. She proposed to me at sunset on a little lake. I had expeeted lt, however.” Anderson arrived in Peoria penniless, he said, and with a good hardluck stori' for Miss Betty Dunkle, which netted >him $250. “The most delightful little wijman In thè world, I met at Kans;is City.” continued thè “Sheik,“V'She was Mrs. Mary Hurd, and of course, she too asked me to marry her. “In Des Moines, aster a flirtation on a Street car, I married thè manager of thè beauty parlor, but unfortunately I bave forgotten her name. r i’hen last July In Chicago Miss Hopper’s beauty impresseti me and I married her. thinking she had money. Naturally I left her when I sound she was as poor as l was. But she’s an admirable woman.” Love letters, diarles and photographs of Anderson’s various sweetles and wives which * were brought In court by Mrs. Anderson bore out his tale.
HIIAN RftCE IS IFERCENT SETTER Anthropology Professor Sees Small Change in 25,000 Years. BERKELEY, Cai., Dee. s.—The human race has only lmproved one per cent, physlcally and mentally, in 25,000 years. acconling to Prof. A. L. Kroeber of thè Anthropology Department of thè University of California. But In thè same period of time culture has progressed 10,000 per cent, Kroeber declares. “We too frequently make thè mistake of thinking that because man uses his naturai ingenuity or mentii ability on a basis of dlscoveries aiready made, and makes a new dlscovery, that he Is a superman of thè modem era—tlmt he is better mentally than thè man of 25,000 years ago,” said Professor Kroeber. “Yes anthropology shows that man’s bruir, then was nlnety-nlne per cent efficient compared to bralns today. They nicrely used their bralns on different prolilems—problema which seem sirnple today, now that they are solved, but which were just as big than as many of our modern scientiflc problema. "Man’s physlque has also lmproved only one per cent, despite all modern knowledge of thè body and Its care. “On thè other liand, cultural thlngs have lmproved easìly by 10,000 per cent, Our conveniences, nrode of livlng and thè attributes of civilization have rapidly multiplied and plled up, untll today, with praetically thè same brain and physique, we have inherited 10JJOO tlmes more than we could invent. “It Is reasonable to belleve that this lmproveinent of brain and body in this past time represents thè moan averago of thè development of thè human race. It is reasonable to suppose that In thè next 25,000 years we will have lmproved another one per cent, per haps even a littie more, because there is more acceleration to lise. On thè other hand. our cultural advantages should have lmproved in this time by u terrifì# figure if thè proportlon is qarried /out.” AMERICAN BREAKS WIESBMEIBUK COLUMBUS, Ohio, Dee. s.—“How I broke thè bank at thè Casino In Wiesbaden.” is a favorite story of Pe ter A. Fltzpatrick, Columbus eontractor. who has returned from a trip abroad. One hundred and flfty thousand marks In crlsp bank notes was thè spoll a fat croupier pushed aerose thè table to Mr. Fltzpatrick one day last September. With thè aid of a walter In a neaib/ oafe, thè Columbus man figures up his winnlngs in American money. They amounted t.o $55.18. Fltzpatrick. .touring Europe, fotmd himself in Weisbaden. He determined to see thè stghts, and obliging towns people pointed out thè Casino. He slapped down a 10.000 mark note “for thè fun of 1t.,” and Inspec.ted thè walls of thè ffrilliant room. while thè ball ''chcked with a Sharp spin. Fltzpatrick was ilrawn back to thè table by agitàted players, who pointed out a mattress-llke pile of bank notes In fn?nt of his place. INDIANAPOLIS PRODUCE Freah esgs. candled 46e Paeklng stock butter 26': Fowl. 4‘,4 lb. up ?0e Fowl. under 4Va lbs l‘>c I.rehorn poultry 25 per cent discount. Springa J6o Cox and staff* Ile Young toni turks. 12 lbs. up 40e Yoi.ng hen turks. 8 lbs. up 40e Old tom turkeys 30c Culi, thin turkeys not wanted. Dueks, 4 lbs, up 18c Geese, 10 lbs. up • • ■ 16c Squabs. 11 lbs. to do* $4.50 Young guineas, 1% lb size. per dot. $8 00 Locai creameries are paying 55c a pound for butterfat. Overblouse The overblouse, with Its tight hip band, Is growing steadily in favor. While velvet is favored for thè moment, certain of thè shops are anticlpìtlng spring by showing very smart blouses in white crepe de chine and thè better quallties of china silk. The overblouse, it F a. s- rted. will be thè accepted thing for sporte wear.
THE-INDIANAPOLIS TIMES
THIRQ PARTI IS lINLIAELY, SURVEY GF NATI SHOWS New ATTgnmeijt of Politicai Powers Seems to Be More Imminent. \ By E. AI. THIERRY _ AfEA Service Staff Writer WASHINGTON, Dee. 5. —Is a thlrd party coming in American polltics? Or is some other new politicai alignment imminent? A survey by NEA Service gives as thè answer o thè first question and “Yes” as thè answer to thè second. The questiona are paramount because of these incidents: Increased strength of progressives and “independents” in thè Sonate. Ascendancy of Senator La Folletto as leader of thè “people’s bloc.” Discussion of such names as La Follette, Senator Borah, Henry Ford and W. R. Hearst as thlrd party presidential candidates. Suggestlon by a Republican that Bernard M. Baruch, Democrat, lead farmers and manufacturers in a new politicai party. Leaders of progressive thought in Washington hope for capture of control within thè Republican party rather than thè rise of a thlrd ty. Says Lr Follette; “The time has come for thè organization of a well deflned group, cooperating in support of accepted progressive prirtclples and policies.” Senator Borah says thè future of thè progressive movement does r.ot necessarily demand thè organlzation of a new party—unless a “liberal and sane” legislative program labi down by thè progressive group ls rejected by thè party In power. “I clearly foresee a new politicai line-up,” says Lindley M. Garrlson, former member of President W’ilson's Cnljlnet. “The politicai illvision which is ahead of us will take this cleavage: The conservatlves of hot!) parties against thè radlcaljt of both parties; and it will be safer lf this is done by thè above board foi-matlon of a third party under a new name, and by scrapplng one or both of thè old parties, or perhaps melding them un der a hyphenated name.” Divide on Cons: itution Garrison would cali lt thè Überai Conservative party with thè Consti tutlon acting as a sort of dlvidlng line botween conservative and radica! opinion. Simllar mthods. In some respeets. are advocated by Nicholas Murray Butler, president of Columbia Ualvei slty, who says: “The overwhelmlng majority of Repuhllcans and thè overwhelmlng ma Jorlty of Demoerata who are in substantia! agreement on all fundamentals should speedily find ways to talee such steps as may be necessary to fortn a Democrat-Republlcan party which would re;re3i-nt thè predominant ideallsm of our people. "Over against such a progressive liberal party there would naturally be organlzed a dlstlnctly radicai party to which should go all those who now cali fhemselves Democrats or Repuhlicans. but who are in reallty nelther.” Samuel M. V'auclaln. jjresldent of thè Baldwin Locomotive Works, re pllcs laconlcally to thè survey ques tlonnaire: "I can see no necesslty for a thlrd politicai party." The same reply is made by George L. Record, fileni! of Theodore Roosevelt and Bull Moose supporter, and recently a New Jersey senatorlal candidato on thè Republican ticket. Record thinks a new politica! party ls not “feasible,” but will come graduallv aster thè fashion of thè creatimi of thè Republican party. Smith W. Brookhart, new Senator from lowa, ftgrees He says; “I do not believe any necesslty exists for a new party. What I belleve should and will come ls progressive control of thè Republican party." Like Record, Senator Ladd of North Dakota thinks history will repeat. He says: “No three parties are continuously ))ossihle„ The people will either take over one of thè existlng parties or forni a new" party as at thè time of thè Civil War.” "What we need,” says Senator Norrls of Nebraska, “is lesa, not more, partyism. Rather than a new party, I should like to see increased independence by thè voter.”
’ $42,000 Kosciusko County 5% Tal Exempt School Bonds All MaliirltlM tn Ylold 4.50% Dated Sept. 15, 1922. Denom., $599 $3,000, due Dee. 31, 1923 $3,000. due Dee. 31, 1924 $3,000, due Dee. 31, 1925 $3,000, due Dee. 31, 1926 $3,000. due Dee. 31, 1927 $3,000, due Dee. 31, 1928 $3.000, due Dee. SI. 1929 ' $3,000. due Dee. 31, 1930 $3,000, due Dee. 31, 1931 $3,000, due Dee. 31, 1932 $3,000. due Dee. 31, 1933 $3,000, due Dee. 31, 1934 $3,000, due Dee. 31, 1935 $3,000, due Dee. 31, 1936 Assosed Val., $2,756,726 Total Debt, Including This Issue, $50,900 LeffaHt.v of Ismìc Approved h.v our Comi sol. Stillili, Remstcr, Hombrook & Smith. For AildillonaJ Information Cali MAin 7051 J.F.WILD & CO A STATE BANK 123 E. Market fit., Indi&napoll The Oldest Bond House In Indiana
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