Indianapolis Times, Volume 35, Number 204, Indianapolis, Marion County, 4 January 1923 — Page 10
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SPLIT SI PUBIS WORRIES STOCKS Industrials Strengthen Market After General Irregularity at Opening. EQUIPMENTS ARE HIGHER Studebaker and Chandler Show Effects of Recent Heavy Profit Taking. By the Wall Street Journal NEW YORK, Jan. 4.—Uncertainty over the situation at Paris caused considerable irregularity at the opening of the stock market. Wall Street had notice of disagreement between British and French over the German reparations all through the previous session, but news was not circulated through the interior until overnight, resulting in some selling in the early dealings. Following irregularity in the early dealings the whole market was strengthened by reason of operations and the rise in industrials. Equipments were stimulated by robust advances in Pullman, which re; hed a new high on the move at 132*4, while Baldwin again sold above 140. Both companies were reported to be seeking acquisition of Lima Locomotive. Motors were irregular, both Studebaker and Chandler showing effects of profit taking. Twenty active industrial stocks Thursday averaged 99.42, up .65 per cent; twenty active rails averaged 86.07, off -03 per cent. LOCAL BANK CLEARINGS Indianapolis bank clearings Thursday were 54,198,000; bank debits were $8,300,000. NEW YORK MONEY MARKET By United Financial NEW YORK. Jan. 4—Time money is bid and offered at 4 % per cent. Commercial paper, 4 % ©4'i percent. FOREIGN EXCHANGE B'j United Financial NEW YORK, Jan. 4. —Sterling, demand. $4.64; cables, $4.65. French, demand. *7.13c; cables, 7.13 4c, off .10. Lire, demand, 6.14 l jc; cables. 6.15 c. off .03c. Belgian. demand. 6.61 %c: cables. 6.61 c, off .06 4c. Marks, demand. 1.15 c, off .00. Czecho Slovak, demand. 199 He. Swiss, demand. 18.94 c: cables, 18.96 c. off .02. Guilders, demand. 39.65 c: cables, 39 68c. up 08. Peseatas. demand. 1 ">.72c: cabß-e, 15.74 c, off .03. Sweden, demand. 16.93 c: caoles, 26.97 c, off .09. Norway, demand. 18.95 c: cables, 19.02 c. off .06. Denmark, demand. 20.46: cables, 20.50 c, off .06. DENVER AND RIO GRANDE LEAD ON BOND MARKET Progress In Reorganization Attracts Buyers. By United Financial NEW YORK. Jan. 4. —Denver and Rio Grande refunding os were again the favorite of early bond trading today. Starting at 541 2 . more than a point above yesterday’s closing’ figure. they immediately ran up to 56. Activity in this issues is bai-ed 1 on progress recently made by Western Pacific and Missouri Pacific interests looking to a basis for reorganizing the Denver. The twelve Federal Land Banks headed by Alex Brown and Sons of Baltimore. Harris Forbes & Cos., Brown Brothers & Cos., Lee Higginson & Cos., National City Company and Guaranty Company are offering £75,000,000 Federal Land Bank 10 to 20-year 4% per cent bonds at sl.Ol to pay 4*4 per cent. FLEISCHMAN STOCKS LEAD CURB MARKET Oils Continue Active With Steady Tone Prevailing. Bu United Financial NEW YORK, Jan. 4. —A large block of Fleischman Company stock of no price was listed on the curb exchange today, selling on an issued basis. The stock was easily a feature of the early opening at 3% and fluctuating around that figure in an extremely narrow range. The sales quickly ran into the thousands of shares. The general market in which oils were the leaders once more was steady to firm. Mammoth was above 49, Standard of Indiana went to 13, Anglo American maintained its strength of Wednesday, holding at 19Va. Durant Motors was fairly active just above 71. IN THE COTTON MARKET NEW YORK. Jan. 4.—Cotton opened tte&dy: January. 26.58 c: March, 26.72 e: May. 26.80 e, off 3 points; July. 26.50 c, off S points. NEW ORLEANS. Jan. 4.—The market was unsteady at the opening today. January, 26.28 c; March, 26.40 c; May, 26.40 c; July. 26.20 c. LIVERPOOL. Jan. 4.—Cotton increased on spot demand with prices steady. Open. High. Low. Close. January ..... 14.68 1 4.68 14.57 14.57 March 14.52 14X6 14.43 14 43 May 14.35 14.37 14.27 14.27 July 14.15 14.18 14.67 14.07 INDIANAPOLIS PRODUCE Eggs—fresh candled. 40e. Buter —Packing stock. 27a Capons—Seven lbs up. 30c; fowls. 4 % lbs np. 2c; fowls, under 4 % lbs, 16c: leghorn poultry, 25 per cent discount: springs. 18c: cocks and stags, lie: young tom turkeys, 12 lbs up. 33c; young hen turkeys. 8 lbs up, 33c; old tom turkeys. 25c; ducks. 4 lbs up. 16c; geese. 10 lbs up 16c; squabs 11 lbs to doz, $5.00; young guineas, 1 % to 2-lb size, per doz, $7.50. Indianapolis creameries are paying 55c a lb for butterfat. METAL TRADE Bu United Financial CLEVELAND. Jan. 4.—Metal Trade today quotes: No. 2 foundry pig iron, Cleveland delivery. *27.50: basic pig iron, Talley, 526® 37.50; sheet bars. Pittsburgh and Youngstown, $36.50 @38.50: steel bars, Pittsburgh. 2c: sheets. No. 28 black Pittsburgh, [email protected]; plant wire, Pittsburgh. 2.55 c. DRESSED BEEF PRICES Wholesale selling prices of dressed beef Swift & Cos.): Ribs—No. 2. 17c; No. 3. 13a Loins—No. 2,23 c: No. 3.17 c. Rounds—Nc 2,15 c: No. 3, 14a Chucks— No. 2, lie; No. 3,10 c. Plates—No. 2,7 c; No. 3.6 c. NAVAL STORES Indianapolis dealers’ selling price on turpentine in barrel quantities. $1.69 % per gal. LINSEED OIL Indianapolis dealers’ selling price on linseed oil in barrel quantities: Raw, $1 01 Mr gal; boiled. $1.03 per gal.
New York Stocks (By Thomson & McKinnon) —Jap 4
At 12:45 Prev. High. Low. p. m. close. Railroads— Atchison „ .... 101 44 101% B. & O. .... 42*4 . . 42% 42* Can Pacific 144 >4 144 34 144% 144% C. & 0 71 % 70% 71 % 70% C. A N. W. R 81 80% 81 80 V* C.. R I. & P. 32% 32% 32% Del & Lack. 127% 127 127 Erie 11% 11 11% 11 Gt. No. “pfd 75 74% 75% Lehigh Val.. 69% 69 69 Mo. Pac pfd 43% 43% 43% N Y. Central 95% 94% 95% 95 N Y N H & H. 21% ... 21% 21% No. Pacific. .78 ... 74% 75% Nor & West 112% 112% 112% 112% Pennsylvania 46 % 46 % 46 % 46% Keaduig 70% 78% 79% 79% So. Pacific.. 89% 88% 89 Vs 88% St. Paul ’ 23% 23%. St. Paul pfd 35 34% 34% 35% S L & S W p 56% ... 50 *4 f nion Pac . 138% 138% 137% 138% W abash .... 9% 9 Wabash pfd 25 29% Rubbers— Ajax Rub... 13% 13% 13% Fisk Rub 13% 13% Goodrich Rb. 35 % 35 % Kelly-Spg. ..48% 48% 49% U. S. Rub... 67% 56% 50% 50% Equipments— Am. C. & F..186 185 180 184 Am. L0c0... 129% 128% 129% 129 Bald. Loco . .140% 138% 138% 139’% Lima Loco.. 62 61% 61% 61% Pressed S. C 78 75 78 79% Pullman 133 130% 132 % 130% West. Elec... 60% 60 60'4 59% Steels— Beth. “B".. . 65% 65 65% 65% Crucible 73% 72% 73% 73 Gulf States.. 83% 82% 83% 82 Vi Midvale .... 29% 29 % 29% 29% Replogle .... 28% 26% 27% 26 Rep. I. & S 51*4 61% U S. Steel..loß% 106% 108% 107% Vanadium .. 39% 37% 39 38 Motors— Am. B. Mag. 42 41% 41% Chanti. Mot.. 70% 69% 70% 70% Gen. Motors.. 15 14% 14% 15 Hud. Mot 27 % 36% 27% 27 % Max. Mot A 50% 50% 50% Max Mot 8.. 16 ... 15% 15% Pierce-Arrow .. ... 14% 14% Studebaker .117% 116% 117% 117% Stromberg ... 66 % 67% Stcw-Wamer. 84% 82 82% 84% Willye-Over. . 7% 7 % 7% 7% Minings— Butte C A Q 10*4 ... 13% 10% Tex G and S 61% 60% 61 % 60%
CHICAGO GRAINS OPEIIIIUUUI Weakness of Liverpool Market Reflects on Prices. B’t United Financial CHICAGO, Jan. 4. —Grain prices were irregular on the Board of Trade at the opening today, due to a weak Liverpool market. Wheat was lower and corn and oats unchanged to fractionally higher. The trade here was largely local, with no distinctive features. A little buying developed on a report from Constantinople that the Turkish government had called the reserves to the colors. The slight advanre in oats was believed due to the increasing domestic demand. CHICAGO GRAIN TABLE —JaD 4 WHEAT— Pre. Open. High. Low. 11:45. close. May .1.20 1.20 1.17% 1.18% 120% 1 19% July .1.11% 1-11% 1.10% 1.10% 1.12 1.11 % CORN— Mav . .71% .71% .70% .71 .71 % .71% 71% July . .71% .71% .70% .71 .71% .71 % OATS— May . .44 *4 44% 43% .43% 44 .44 % July . .42% 42% .41% 41% .41% LOCAL WAGON~WHEAT Local mills are paying $1.25 for No. 2 red wheat. LOCAL~HAY MARKET Loose hay—sl7 @l9; bales, sl6 I’d. 17. Mixed hay—sls® 17. Corn —72 Vi 75c. Oats—s 2 ® 55c.
BUSINESS NEWS
Bli United Finanrial NEW YORK, Jan. 4. —American Petroleum institute estimates daily average crude oil production ill the United States In the week ended Dec. 30 at 1.714.220 barrels, an increase ol 4!*,450 orer the preceding week lnerease in Arkansas, where Smackover field is located, is set at 210,000 barrels daily Wyoming: and Montana 3,000 daily and California 10.000 daily. Oil imports averaged 204.715 barrels daily last week against 180.410 m the week ended Dee. 31. NEW YORK—Modican Petroleum ad ranced the price of Bunker fuel oil 5 cents to $1.56 Vs. including 6Vi cents for lighterage in New York Harbor. NEW YORK—According to the American Railway Association, the number of freight cars awaiting repairs Dec. 15, was smallest since Feb 15. 1921. Total was 213.837. as against 226,288 Dec. 1. On Dec. 10. 1821. there were 318,556. CHICAGO —Local revenue freight loadings on the northwest region of the Pennsylvania system, increased last week to 5,161 cars \ from 4.013 a year ago. CHICAGO —Freight loadings on the St. Paul for December totaled 136.586 cars against 104,006 year ago. CHICAGO—Terre Haute and Southeastern loadings aggregated 15,480 against 10,282 year ago. WASHINGTON. —Treasury received about 5100.000,000 out of $625,000,000 of 1918 War Savuigs Certificated maturing Jar.. 1. 3 023 for exchange of new certificates up to Jan. 2. It is officially stated that the Government will not have to have recourse to bond issue or temporary borrowing from Federal Reserve Banks TAMPICO.—Corona Company, susidiary of Royal Dutch-Shell group will close its Chijo! r-flnery. completed last March at cost of $4,000,000. because of lack of light crude oil production which has dropped to four thousand barrels daily. This production will probably be handled by Mexican Ragle OH Company through general working conditions of the two Royal Dutch Shell Companies. NEW YORK. —There is no authority for the statement that Secretary of the Interior Fall is to become associated with PanAmerican Petroleum and Transport, according to officers of the company. They say the matter lias not been talked of. FARM CONDITIONS GOOD Variable weather conditions, farm work slowing, with a little more corn to be husked, relieved car shortage, and fairly good looking wheat are some of the conditions of farms in Indiana, Illinois and Wisconsin, as reported today by George Bryant, Fed eral agricultural statistician. Labor is plentiful on the farms, with higher wages than the farmers want to pay, the report stated. Livestock is in good condition except In some scattered sections where hog cholera is prevalent. CHICAGO PRODUCE By United Financial CHICAGO, Jan 4.—Butter —Creamery extra. 50V4c: standards. 49c: firsts. 45@46c: seconds, 42 Vi @4c Eggs—Ordinary firsts. 38@ 40c: firsts. 45® 48c. Cheese—Twuis. 26@26V-c: Young Americas. 27@27Hc. Poultry—Fowls. 16®24c: ducks. 19c: geese. 17c; springs. 21 Vic: turkeys. 25c: rooeters. 3 3c. Potatoes —Receipts, 28 ears: Wisconsin round whites, sacked and bulk. 75@80c: duties. 90c@$1.00: Michigan round white, bulk, sl. RAW SUGAR MARKET By United Financial NEW YORK, Jail. 4 —Raw sugar opened steady. March, 3.4 @ 3.45 c; May. 3.56® 3.5>c: July, 1.67® 368 c; September. 3.77 (&*7Sc.
Frey. High. Low. 12:45. close. Coppers— Amer Smelt. 67% ... 56% 67% Anaconda ... 60% 60% 50% 60% Chile Copper 28% 28 28% 28% Kenneeott . . 37 % 36 % 37 % 37 Utah Copper. 66% ... 00 00% Oils— Cal Petrol 71% 70 70% 70 Csden 62% 52% 52% 62% Houston Oil. .. ... 73% 72% Mid St Oil.. 12 ... 11% 11% Pan-A Pet A 89 % 88 % 89 89 % Pan-A Pet B 83*4 ... 83 83% Pac Oil .... 48% 48% 48% 48V* Pro and Ret 51 49% 60% 60 Pure Oil ... 29 % 29 % 29 % 29 % Royal Dutch... ... 62 % 62 % S Oil of Cal. 123'% ... 133% 122% S.O.ofN.J.new. 52% 42% 42% 42 % Sinclair 35% 35% 35% 35 % Texas Cos 49 48% 49 Tex. C. A Oil 33 33 Industrials— Alied Chem.. 79% 78V* 79% 78% Allis Chaim.. 47% . ... 47 47*4 Am. Can.... 78% 76% 78% 76% Am. Ice 105% 105 Am. Woolen. 97% 96% 97 97% Coca C01a... 80% 79% 80%. 80•% Cent. Can.. 119% 116% 118% 117 Endicott-J.. 92 % 91% 91% 01 Pam. Players 92 . . 91 % 91 % Gen. Asphalt 49% 46% 47% 49% lifer. Paper 54% 63% 53 Vs 58% Inter. Harv ... 90 90 Mont. A Ward 22% 22 Vs 33% 22 Nat. Enamel 67% 67% Nat. Lead 126 127 Pitts. Coal .... 60 % 60 % Sears-Roe.. . . 87'% 87 % 87% 80% U. S. R. St... 77 75% 76% 70% V. S. In. Ale. 67% 66% 07% 67% Worth. Pump 35% Woolworth . 220 217% 220 218 % Am. T. AT. .123% 123% 123% 123 % Consol. Gas 120% 121% Colunt. Gas..loß 107% 107% 100% Peoples Gas. 92% 92% 92% 92% Shipping— Am. Int. Cor. 26% 26% 26% 20% In. M. M. pf 43% 43% United Frt 155 155% Foods— Am. Sugar... 80% 79% 80% 79% Austin Nirh 33% 34% Corn Prod 128% 127’% 127% 128 Cub. C. S. pf. 40 39% 40 39 Vi Cub. Am. S.. 25% 25% 25% 26 Tobaccos— Am. Tob. Cos. 154% 164 154 155 Cons. Cigars 38% 39*4 Tob. Prod .... 84 % 83 % 83 % S3 %
worn SOUGHT US GEM THIEF Police Hunt for ‘Raffles Queen' in Jewel Robbery. i By United Press NEW YORK, Jan. 4—A prettily j and handsomely gowned young i woman, alleged “master mind’’ of j “full dress bandits” was sought today |by police following the mysterious | theft of $500,000 in jewels from Mrs. | Irene Schoellkopf, wife of a Buffalo j multi-millionare. Police and scores of private de- ! tectives were conducting their search jon the theory that the W. Fifty l Second St. poker party, following : which Mrs. Schoellkopf said the gems i were stripped from her person, was used by thieves as a strategic meeting place where the accomplished “raffles queen” picked the victim of the gang. HIGHWAY CONSTRUCTION IS SUBJECT OF ADDRESS Public Invited to Meeting Friday at Chamber of Commerce. Important features of highway construction, brought out in numerous tests being conducted in various parts of the country, will be the basis of an address by Col. H. C. Boyden of the Portland Cement Association at the Chamber of Commerce at 8 p. in. Friday, under the auspices of the Indianapolis chapter, American Association of Engineers. The public is invited. ‘PERFUME’ FLASK CARRIED BY CITY'S YOUNGER SET Diminutive Silver Cup Screws Onto Top. It looks like a miniature of the flask Dad carries in his hip pocket. Even the wicker cover is there. “Perfume flask," Indianapolis stores call it. But— A diminutive silver cup. large enough to hold about a thimbleful of —er —perfume, screws onto the top. The “younger set” carries Its —er— perfume in it on parties. POSTPONE DISPOSITION OF DAUGHERTY CASE Action of Sub-Committee Awaited Before Final Move Is Made. By United Press WASHINGTON. Jan. 4.—Disposition of the impeachment proceedings against Attorney General Daugherty was postponed today by the House Judiciary Committee, pending action by the subcommittee appointed to report on what action should be taken against Representative Kellar, author of the charges, following his withdrawal from the hearings. MINERS AND OPERATORS ARE NEAR AGREEMENT Owners Offer Wage Proposal Which Union Heads May Accept. By United Press CHICAGO, Jan. 4. —Bituminous coal miners and mine operators were reported near an agreement today in their conferences here seeking a basis for establishment of anew wage scale. Mine ownerb were prepared to offer a compromise proposal which they believed would be acceptable to the union heads. PROGRAM AT TECH The Choral Society of the Arsenal Technical High School wax entertained by a musical program yesterday. Suzanne Kolhoff sang two songs. Norma France, Bruce Savage, and George Newton sang from the opera. “The Pirates of Penzance,” which will be presented at the Murat, Jan. 16, by the Opera Club. Culasa Kinnaman and Bruce Savage sang a duet also taken from the opera. RAID POOLROOM Nine men were arrested in a raid on Ben Rothchild’s poolroom, 25 S. Capitol Ave., Wednesday night. Rothchild was charged with keeping a gambling house. Eight men were charged with gambling and visiting a
THE INDIANAPOLIS TIMES
HEAVY RECEIPTS SEND HOGS DOWN Cattle and Calves Show Unusual Activity. Hob Prices Day by Day 250-300 lbs. 200-225 lbs. 150-180 lbs. Dec. 28. 8.65 8.70® 8.75 8.85® 8.90 39. 8.50® 8.55 8.65® 8.00 8.60® 8.65 Jan. 1. 8.75® 8.85 B.Bo® 8.85 8.85® S9O 2. B.Bo® 8.90 8.85® 8.95 8.90® 9.00 3. 8.75® 8.85 B.Bo® 8.85 B.Bo® 8.90 4. 8.70® 8.75 8.75® 8.80 B.Bo® 8.85 Hog fFriees suffered a nickel drop at the local livestock market today. Heavy receipts on other exchanges, coupled with large receipts were said by traders to have been responsible for the decrease. Lights brought a top of $8.85. Sows and pigs ruled practically unchanged. Receipts touched 12.000 with holdovers of 253. The cattle market presented unusual activity which resulted in increases ranging from a dime to 20 cents. The market showed an upward tendency despite heavy local receipts of 1.100 and reports of heavy teceipts on the Chicago exchange. Prices varied little on the calf market from Wednesday. Bst veals brought a top of sl4 and the bulk sold from $13.50 to sl4. Lamb prices dropped a half dollar on heavier receipts. Fteceipts, 450. s —Hogs—--150 to 200 lbs $ B.Bo® 8.85 Medium 8.75® 8.80 Heavy 8.70® 8.75 ! Top 8.85 Pigs 8.50 Packing sows 7.50® 7.75 - at tie-- - Few choice steers slo.oo® 10 50 : Prime corn fed steers. 1,000 to < 1,300 lbs 0.50® 10.00 ! Good to choice steers, 1,000 to 1,300 lbs 9.00® 9 50 j Good to choice steers 1.000 to 1,200 lbs 8.25® 9.00 [Good to choice steers. 1.000 to 1.100 lbs 7 25® 750 j Common to medium steers. 800 to 1.000 lbs 5 76® 6.75 —Cows and Heifers— Choice light heifers $ O.OOfnIOOO Good light heifers 0 60® 8.60 Medium heifers 0 50® 7.25 Common heifers 5 00® 6.00 Good ,0 choice heavy cows . . 6.60® 025 Fair cows 4.00® 6.00 Cutten 2.75® 3.25 Cannrrs 2.25 it 2.50 —Bulls— Fancy but 'her bulls $ 6 00® 550 Good to choice butcher bulls 4 00® 4 75 Bologna bulls 3.76® 4.25 Light bologna bulls 3.00® 3.50 —Calves— Choice veals sl3 50® 14.00 Good veals 13.50® 14 00 Medium veals 13.50® 14.00 Lightweight veals 11.50® 12.60 Heavyweight veals 9 50® 10.50 i Common heavies 8.50® 9.60 Top 14.00 —Sheep and lamia— Tulls $ 2.25® 3.50 . Good to choice ewes 3 50® 5.00 | Few choice lambs 14 50 Good to choice iambs 14 00® 14 50 Heavy lambs 13 00® 13 60 ! Cull lambs 9.00 Bucks 3.00 OTHER LIVESTOCK By t'nitrd financial CHICAGO. .liiii 4. — Hog*—Rp npt*. 62.- ! oO< market active*. 6falo' Imvrv top. S* •).’>; Hulk of- ises 60; heavy wnifht. 5 s 40fa H me-liu niwriftht, $8 I."> fa S6O; ligrht 5* .*>ofa K. 65; li^ht lt?ht. (lb ; heavy parkin* miwi. s7.7Ufa h 15. oaukins- BOWB, rou*;ti. $7 40fa 7.75; piK*. $7.50 * f>o. Cattie—RriinJs. 14 000 market steady; choice and prime, SI 1 .50 fa I** 75 medium and cood, $7 11.50: ponimon. $6.40 fa 7.85: grood and fhnioe. $9.65 *r 12.2 >; common and medium. ■MiwO.fls buteher rattle and heifer* $4.50 'll 1< 50. eow-s. $.3.85 fa H : bulls. $4 fa 665 canner*. eutter*. rows md heifer* s>‘2 75 fa d>s: tanner .%teer. $5 fa 4; veal calve*. $9.50 fa 11.25: feeder faeers. $556fa765; stockrr *teer*. *4 \\> fa 7.60 : Utooker row* and heifers, 'it 5.25. Sheep—Receipt** 12.ooi: market steady ,*tromr. lamb* sl3 fa 15.25. lamb*, culla to common. $9 60 fa 13 yearling wetherv s9.2s'rt 1.3: ewe** $6 faH 75; mill to common ewe., $.3,50££6. CLKVKLAND. .fan 4.—Hoc* —Receipts, 6.000: market. 15c to ‘!so lower; yorkers. s9.ls'*/9.25; mixed. $9.15; medium. $9 1.5; pic*. rouchs, $7.25; stag*. >4 50 Cattle—Jleuetpt*. .300; market, ateadv; pood to choice bulla, ssfa 6: good to choice $lO fa 11 50; Rood to <-hni<v heifer*. $7 fa 8 ; spod to choice cowa. $4 fa 5 ; tair to cond row s >3 fa 4: common cow*. $2 fa.3; milkers, s4ofa7s Steep and lamb*— Receipt a. 1.500: market. 25c lower; top. $15.25. Calve*-—Receipts, 500: market, 50c lower; top. sl4 50 f:\ST BUFFALO. Jan. 4—Cattle—Rseeipts. 7.5; market, active, steady: shipping steers. >9 fa 10 .50. butcher grades. $6 fa 9; cow*. $2 25 fa 6. (*a\ es— Receipt *. 250; market, active, higrher: culls to choice. $4 50 fa 16. .Sheep and lambs—Receipts, 2.M00: market, slow, steady: choice lambs. slsfa 15.50; cull* to fair. sSfa 14 50; yearling**, $8 o/1.3 50; sheep. $3fa9.00. Hojr*—Receipts, 4,000; market, active. steady; yorkers, $9.50; pig*. $9.50: mixed. $9 .35 (a 9.50; heavies. $9.25fa9.35 roughs. $7.25 fa 7.75; stairs. $5 fa 5.50. FAST ST. LOUIS. Jan. 4,—Cattle—ceipte. 1,500: market, slow and steady; na tlvo beef steer a, $0.75® 8; yearlings and heifers. $6 fa 7.50: cows. $4 25 fa 5.75; canners and cutters. $2.504$ 3.50; calves. sll fa 11 50; Stockers and feeders, $6fa6.20. Hours—Receipts. 12,600: market, steady: hcHvv, $8 40fa8 60; medium, $8.55fa8.60: Indus. $8.55fa8.80: Hsrht lights. %H 40fa B.HO. packing cow*. $7.25(Qf7.65; piirs, $7.25 IJ8.50; bulk. sß.sofa 8.80. Sheep—Receipt*. I, market, nominally steady: ewes. $4 *o fa 7.75: canners and cutters, s2fa4; wool lambs, sl3 fa 14.75. KANSAS CTTY. Jan. 4—lTops—Receipt*. 11,000: market, steady: bulk, 88.10fa8.35: heavies. $8 fa 8.30: butchers, sß.lsfa 8.10: lights. $8 fa 8.35; pigs, $7 (a 8 Cattle—Re eeipts, <5.000; market, strong; prime f(d steers. slofa 10.75: plain to fair dressed beef steer*. s6.sofa 10; western steers. 86 fa 9 .75: Bout hern steers, $5.50 fa 8.75; cows. $2.75fa0.75; heifers. 84.75fa9.26: stockers and feeders. ssfaß: bulls. $2.50fa;5: calves, $5.25fa 10.75. Sheep—Receipt*. 4.000; market, steady: lambs, $1.3.50 fa 1 4.40: yearling*. $11.25fa 12.85: wethers, s7.<>sfaS.so; ewes. $6.50fa7.75; stoekera and feeders. $12.50 fa 14. FOUR FILE VOLUNTARY PETITIONS IN BANKRUPTCY Kokomo Music Cos. Lists Assets as $551. Four voluntary petitions in bankruptcy were filed in Federal Court today. The Corfman-Rode Music Company of Kokomo gave its liabilities as $9,317.41 and its assets as $551. L. S. Corfman, general manager of the company, scheduled liabilities of $8,693 and assets of $2lO. Roscoe C. Kline, R. F. D. 6, Noblesville, listed liabilities of $16,279,665 and assets of $10,607.83. Louis McCollum of Dunkirk, hardware merchant, scheduled liabilities of $4,854.71 and assets of $2,284.82. MASONIC BAND ELECTS DIRECTOR AND OFFICERS Polico Lieutenant Is Chosen to Head Organization. Police Lieut. Samuel Gaddis, 3t Riley Ave., is the new director of the Hoosier Square and Compass Club Band. Other new offleiers are: president, Joe Byers, 1040 W. Henry St.; first vice president, G. G. Campbell, Brownsburg; second vice president, A. J. Ewing, 3008 N. Capitol Ave.: secretary, J. G. King, 1015 Union St.; treasurer, E. A. Andrews, 1012 N. Tuxedo St„; librarians, R. H. Nichols. Brownsburg and F. C. Freund, 3665 N. Illinois St.
MR FEARED IN MICHIGAN CITY Feeling Between Ku-Klux and Antis Runs High. By United Pres* MICHIGAN CITY, Ind.. Jan 4. War between klan and anti-klan sympathizers threatened to break out today. Bitter feeling between the two factions was fanned by the charge of former Police Chief Arthur M. Sullivan that the city administration was dominated by the klan. Anti-klan sympathizers also asserted an attempt was made to force contractors for anew $1,000,000 sewer to secure surety bonds from an alleged klan surety company after they had made other arrangements “My discharge was the result of my refused to join the Klan,” Sullivan charged. "I was urged to join. 1 am eligible but the organization is against my principles and I refused.” Hoosier Briefs COLUMBUS —After having recovered from an operation and packed his suitcase preparatory to leaving the Bartholomew County hospital to return home. Thomas Query, 62, dropped dead at the door. FT. WAYNE —Four hundred ami thirty-two persons were injured, twelve fatally, in automobile accidents on the streets of Ft. Wayne during the past year. A total of 623 accidents were reported to police, records show. COLUMBUS —.1. R. Dunlap completed his fortieth year as teacher in the Sunday school of the First Baptist I’hurch Sunday. He was presented a bound copy of “The Life of Raul” by th<- church in recognition of his long service.
Ml-NCI E — Radio is making America lazy, a Mnnoie minister, who has arranged for his sermons to bo broadcast, declares. People now meet him on the street and tell how much they enjoyed the sermon, but they fail to send their collection money, he deplores.
JONESBORO Sherman Brewer got a "shot in the arm" while hunting near hero, when the gun he was carrying, was accidentally discharged while he was climbing through a fence. KOKOMO —W. K. Davis of Bennett's Switch has a small bottle of cider made in 1878 by his mother, Mrs. John R. Davis. Mr. Davis says the cider still has the original flavor, but lie fears that it will develop a “kick" before it becomes much older. LO< lANS PORT—Francis Stephens, 5, was recovering at his home In Washington Township after having coughed up the end of a stalk of timothy hay, which had been lodged in one of Ids lungs for throe years.
COLUMBUS —E. H. Kinney, justice of the peace of tlii.s city, began his fifty first year In the Office Xew Year's day. He is known here as the “tnarryin’ squire," and last yeur united fifty-six couples. He is 75 years old.
GREENSBURG—When John Bruce cut down an old tree on his farm he found a beehive which eonta nod about 100 pounds of honey. The bees had frozen to death. COLUMBUS ClTY—High school principals of this county met here yesterday and selected Feb. 23 and 24 as the dates for holding the annual Whitley County high school basketball tournament. PLYMOUTH—AII pupils of the public schools here must he vaccinated against smallpox, under a ruling of Dr. O. V. SchumaJi, city health officer. PETERSBURG—A mastodon tooth nine Inches long and six inches wide has been given to Si. McStoops, editor of a local paper, to be added to a collection of relics he Is preparing for a Pike County museum. INDIANA MAN CHIEF OF TIN CAN TOURISTS “Grandpa” Hawkins of Noblesville is Named Royal Opener. By Times Special TAMPA. Fla., .Tan. 4—Charles “Grandpa” Hawkins of Noblosville, Ind., was elected royal chief tin can opener; at the opening session of the Tin Can Tourists of the World last night. The local camp is host to 2,200 delegates to the annual convention of the organization, composed of automobile tourists from all parts of the country. ASSAILANT SENTENCED By Times Sprrial RICHMOND, Tnd., Jan. 4.—Nat Taylor, negro, who shot Patrolman W. Baetz while being brought to head quarters, was sentenced to serve a j sentence of from two to fourteen j years at the State prison by Judge Bond. Baetz recovered from his injuries which were not serious. JOHN HAID, 95 IS DEAD By United Press KISNDALLVILLE, Ind., Jan. 4 John I laid, 95, said to ho Indiana's oldest, member of the Knights of Pythias, died suddenly at his home in Wawaka front apoplexy today. He went to the woodshed to get some kindling and dropped to the ground. LET ROAD CONTRACTS By United Press KENDALVILLE, Ind.. Jan. 4. Noble County commissioners in the first session of the year today awarded contracts for sixteen miles of gravel and concrete roads to be improved this year. The roads will cost $85,000. Heads liogansport Schools By Times Special LOOANSPORT, Ind.. Jan. 4.—D. | W. Horton of Lafayette has been named superintendent of the Logansport schools, succeeding • James E. Wilkinson, who was found dead in the automobile in his garage recently. Virtually no changes were made in the personnel of the schools.
WABASH MAYOR RELENTS ON SUNDAY BLUE LAWS Ban on Movies Will Not Be Lifted, Sheriff Says. By Tines Special WABASH, Ind., Jan. 4.—Finding that the majority of citizens of this city were opposed to a strict enforcement .of Sunday “blue laws,” Mayor James Wilson has announced that the ban on certain businesses will be lifted. He indicated, however, that his action might be rescinded. Hoyte Summerland, Wabash County sheriff, says that motion picture theaters will not be'allowed to open. Percy and William Dixon, owners of theaters here, were arrested twice recently on charges of operating shows on Sunday. BROAD RIPPLE PETITION ASKS CITY FARE RATE Document Signed by 900 to Be Given to Car Company. Extension of city street car service on the Oolege Ave. line and the granting of 5-eent fare to residents of Broad Ripple is asked ig a petition in the hands of Taylor E. Groninger, city corporation counsel, today. The petition, signed by approximately 900 eitzens of Broad Ripple, was approved by the board of public works yesterday, and, according to Groninger, was to be placed in the hands of the street ear company today. JAMES E. CULLOUGH DIES AT GREENFIELD Formerly Member of State Legislature and Democratic Leader. ’ By Times Special GREENFIELD, Ind., Jan. 4.—James 12. McCullough, 75, attorney and expolitician. died at his home here yesterday. Until two years ago he practiced law in Indianapolis with Livingstone Howland. Mr. McCullough served in both the : Slate House of Representatives ami i Senate, and as assistant attorney genI eral in the office of Thomas Honan, j He was horn in Hamilton County and graduated from Indiana University in 187 J. He is survived by the widow. RUMMAGE FOR SKATES liy limes Special WABASH, Ind., Jan. 4.—01d skates i are being dragged from attics and I barns in this county and being given j to the children at White's Institute, I near here, to be used on a large pond which has been fr •'en over near the | school. The Diehl machine works sharpens all the skates and Gtiy Hoover, harness man, repairs the straps free of charge. LEGION HEADS AT FRANKLIN By limes Special FRANKLIN, Ind., Jan. 4.—Perry j Faulkner. Shelby ville, State commander of the American Legion:; Frank Henley, State adjutant, and A. R. Robinson of Indianapolis will i be the speakers at the Johnson County Legion meeting tonight. MARRIAGE LICENSES A G Murdock, a 120 N Meridian St.: Jane Hidgely. 1924 Talbott Ave Jean A Saylor, Ft. Harrison: Evelyn Vickery. 41.17 N Keystone Ave George Withered, -till K. New York St.: Rosetta Dikes. 4'J 1 K New York St. W H Ko itright. IS'J7 Ashland Ave.; Amy Spaothe, 1030 Koache St be Roy Haiti Irk. 4'.’9 N. Pennsylvania St.l Kdna R Thomas. 439 N. Pennsylvania St. It. D. Endieott. 21 S. Holmes Ave.: Thelma F Kmnetl. 2717 W. Jackson St S G Davis. 1 101 N Meridian St.: Mar- | jorm Palfrey. 3131 N. Meridian St. Henry Sehabel. 3500 Shelby St.; Lola E James. 3-18 E. McCarty St. DEATHS
Minnie Newbold, 40. 1323 Calhoun, car- j clnoma. Leona Sparantan. —, city hospital, acute i endocarditis Cordelia Kin?, 82, city hospital, typhoid ! set er James Pauley. 70, city hospital, chronic j interstitial nephritis Paulina Sehut*. 83. 520 E. Vermont, cere- I braJ henmrrhH?e Josephine Galluzze, 01, city hospital, lobar pneumonia Francis A Nicholson, 64, St. Vincent's hospital, carcinoma. Zenobia Bowens, 31. 437 W Fourteenth. | septicaemia. John Humes. 60, 747 N. Warman, lobar I pneumonia. Paul Guyne 28. 810 Coffey, influenza. Arthur Lynch. 22. Flower Mission, pul rnonnry tuberculosis. Frank Coward, 63, city hospital, strangulated Hernia. J&ntes Jefferies, 90, 3424 Broadway, acute i uremia. Otto H. Zsehech. 49, 618 lowa, acute! dilatation of heart. Christina Roetken. 82, 832 Bernard -Ave., Bertie regurgitation. Infant Hinkle. 12 hours, city hospital, premature birth. BUILDING PERMITS Martin Judje. furnace. 240 N. Hamilton, j Alhert T/ewis. building. 1543 Comer, S2OO. ! Gregy & Son, building, 124 Monument 1 Circle, S3OO. Herman G. Deupree. 4401 Broadway. $22,000 Henry R. Herman, double, 1405 Wright. $4,000. Jose-Balz Labor Company, parage. 1152! Fairfield, $7,500. h. A. Talbert, dwelling, 2209 Hillside, $2,150. John Kendrew, building, 851 N. Jefferson, S2OO. Harold Kress, dwelling. 2631 Napoleon, $3,500. B K. Farmer, dwelling. 2627 Allen, $3,800. A W. Cox, dwelling, 1443 N. Belleview, $4,800 Pettis Dry Goods Company, repairs, 25 E. Washington, S2OO. Morris & Company, repair elevator, 229 Kentucky. S2OO. First Church of the Brethren, garage, 50 N. Belleview, S3OO N. C. Mann. 823 N. Boone S2OO. Russell Grimes, furnace, 400 Terrace. $230. Prtot. Shoe Company, remodel, 18 E Washington, $1,500. MOTION PICTURES
“The Dangerous Age” With Lewis Stone Circle Orchestra Grand Organ Doors Open 11:45 A. M. Next Week Douglas Fairbanks —IN— Robin Hood
REPLY IDF TO 'GAS' OBJECTIONS Secretary of Commerce Body Says Tax Levy Is Needed. Answering objections to the proposed State tax on gasoline, S. C. Hadden, secretary of the Allied Motor Commerce of Indiana, today urged that Indiana take full advantage of Federal aid funds for highway development by increasing the State road fund. “More money is urgently needed for the construction of modern roads in Indiana,” he said. “Indiana now is more than $6,000,000 short of taking full advantage of the Federal aid funds held for it at Washington and is falling still farther behind at the rate of $750,000 a year. The money is from Federal aid taxes paid by In diana taxpayers. Unless it is matched with money raised by Indiana, eventually be lost, going to other Slates.” The proposed increased motor vehH !e license fee and 2-cent tax on gasoline would, Mr. Hadden said, practically double the net income of the State highway department. A survey made by the Motor Commerce. based on a questionnaire sent to highway departments of every State, shaws that fifteen States now have a tax of 1 cent a gallon, and three States have a 2-cent tax and that the cost of collecting the tax Is small, Hadden said. VINCENNES MAN NEW VETERINARY PRESIDENT Stale Association Elects at Annual ConventionDr. M. W. Craig. Vincennes, was the new president of tne Indiana \ eterinary Association today. Other officers elected at the annual convention Wednesday were Dr. Whiffing, Lebanon, vice president. Dr. Ralph Boyd, Indianapolis, secretary, and Dr. G. H. Roberts of Purdue University, treasurer- More than 400 delegates at- : tended. PAY PHONE REMOVED O. T. Passmore, druggist, 901 Indiana Ave.. walked to the rear of his store, leaving a customer in the front ! part. When the druggist returned the ! customer was gone and a pay telephone also was missing. Passmore told the police that the cash box contained about sls. PURSE REPORTED LOST Charles M. Jones, living at the Oneida Hotel, reported to police today he lost his purse, which contained $43, and a note for S3OO. THEFT AT Y. M. C. A. Eldon Arnold, 60 N. Tremont Ave., told police today a thief took his overcoat while he was at the Y M. C. A. bowling alleys. The coat v xs vauled at $25. AMUSEMENTS
ENGLISH’S John Jay Scholl Presents the Distinctive MUSICAL COMEDY ELSIE Broadway east beaded by Ada Mead and other favorites. PRICKS —Nites, 50<- to $2.50: Mat., 50c to $1.50. Seats Selling, _
CONTIMOI S VAI'DEVILLK LYRIC All the Time—l to 11 p. nt. First lime in Indianapolis 1 "Twenty Minutes in Chinatown” A Dramatic Episode of the Tong Wars 2 DAVIS and McCOY • Bits of Boohology” 3 FOUR ROSES Acrobatic Dancing Girls 4 ELLIS & BEGLEY Eccentric Funsters 5 PEPITO 6 DOROTHY LEWIS Mezzo-Contralto 7 Marlett’s Manikins Ingenious Comedy Novelty 8 Stuart and Lawrence The .Male Patti and the C-aliforniu Barytone 9 ROUND NINE “Tltp I-outlier Pushers" Iftbanelng in the Lyric Ballroom Afternoon and Evening
BROADWAY
THIS WEEK. “BROADWAY BELLES’’ Throe 8-Konnd Boxing: Bonin Friday Night. MOTTON PICTURES
APOLLO
Virgil Moore’s Synco-Orchestrar—Hoosier Harmony Three
o^*o
JAN. 4, 1923
AMUSEMENTS
M shi bkkt U RflisT^J:” I GEORGE ARLISS. % I In The N GREEN GODDESS Ives., 50c*. $2,50; Sat. Mat., 50c $2
Week Beg. MONDAY NIGHT SEATS NOW SELLING
tSMm Work# Greatest ** £atertamer/ InM f -yJ&tSOWS®"
PRICKS INCLUDING TAX! Night?, SI.IO. 52.20. 53.30 Wed. Mat., sl.lO to S> >O. Shl, Mat., SI.IO ti. 52.75.
ONE MORE Free Lecture
HEALTH WEALTH HAPPINESS DR. DAVID V. BUSH
Author of “Applied Psychology and Scientific Living” Odd Fellow Auditorium Washington and Pennsylvania Sts. Knter on Penn. Evenings at 8:15 SUBJECT THURSDAY, JAN. 4th The Chemistry of Thought. Its psychologies! and physiological effects. Dr. Rush renders Shakespeare's great revenge scene from “The Merchant of Venice.” Inspirational and healing silence.
Dr. Bush's class in psychology, character analysis and healing begins Jan. sth. Register now at Hotel Claypool or Auditorium.
YOU ARE INVITED
Palacs .TOY SPOT” Continuous, 12:00 Noon to 11 P. M 7 BROWN GIRLS A Symphony in Color and Ton# CHARLIE WILSON Indianapolis Loose Nut LAUREL LEE O’NEIL SISTERS TONY GREY & CO. “LISTEN LESTER” A Condensed Mnsical Comedy ELSIE FERGUSON in “Outcast” Mats. 15c-25c Eves.2sc-40c
t: KEITH’S Pick a Day Every Week This Year to Laugh The Famous “Follies” Beauty OE LYLE ALDA The Charming Prima Donna in a musical revel, entitled "SADIE." With Edward Tierney and James Donnelly greenTparker "Just the Two of Us” Fern Redmond & H. WeilA In “The Gyp,” a Comedy Ed. Healy & Alien Gross Showing the Smartest Styles in Songs Beaumont Sisters & Cos. In a Comedy Reminiscence by Edgar Allen Woolf Mary Gautier’s “Pony Boy” Go. FOUR AMERICAN ACES HUSTON RAY The Young Concert Pianist and Composer, Assisted by the Duo-Art Reproduction Piano in "THE LAMP OF INSPIRATION” Pathe News—Topics—Fables
ONLY BURLESK SHOW IN TOWN
Perfect Form Contest Tonight
TOM MOORE AND EDITH ROBERTS “PAWNED”
NEW YEAR'S WEEK “QUINCY ADAMS SAWYER” Thrills—laughs—and More Laughs! MARY TRAUB BUSCH, Contralto “Somethin?? New—Somethinfir Old” Eddie Lyons' Comedy, “MY MISTAKE*' International News Weekly
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