Indianapolis Times, Volume 35, Number 250, Indianapolis, Marion County, 27 February 1923 — Page 10
10
ALL INDUSTRIALS SHOW TENDENCY TO MOVE HIGHER Steel, Oil and Copper Groups Have Improved Tone During First Hour, STERLING GAINS A CENT News Reports in Street Say Germany Is Anxious to Reach Settlement, THE WALL STREET JOURNAL NEW YORK, Feb. 27 Sterling gained nearly a cent in today's early dealings in response to intimations received by the French government that Germany was anxious to negotiate a settlement of the Ruhr situation. This news had no effect on the stock market. Leading industrials were still under the influence of a reactionary tendency, but rails were stimulated by the appearance of the first January earnings statement, including New York Central's, which showed an increase in net of $916,15$ over last year, and Illinois Central's, which set forth a gain of $1,302,900. First Hour Industrials lately featured by substantial price advances showed an improved tone in first hour. These included steel, and the. oil and copper groups. California Pete led the oils. Utah and Chile in coppers show advances and Gulf States were the best In their class. Baldwin was well bought on the basis of incoming orders. Second Hour The market was dull and weaker in the second hour and Standard of Kentucky fell despite the new rate which represents an increase of 33% per cent over the f1.25 quarterly rate which was in effect prior to the declaration of the 66 2-3 per cent dividend. President Coons said the increased rate was justified by the business done for the past year and good future prospects. Traders, however, expected something more. Twenty active industrial stocks Monday averaged 102.40, off .45 per cent. Twenty active rails averaged 59.76, off .44 per cent. Noon Hour After the irregularities of the early dealing, the general list strengthened under leadership of American Can. Following the correction of its interna! position, the market appeared to be gaining strength in preparation for a renewal of the forward movement. Sugars, coppers, motor accessories and oils gave every indication of fresh action. Fourth Hour Stocks continued to gather strength in the .early afternoon trading, with motors leading. Chandler advanced 2 points, the buying having been based on assurances by insiders that the $6 dividend rate is safe for some time to come. Corn products advanced on the strength of publication of the 1922 earnings statement and United Retail Stores advanced to anew high, reflecting expected early announcement of dissolution. Local Bank Clearings Indianapolis bank clearings Tuesday were $3,697,000: bank debits were $6,325,000. New York Money Barket By lnited I'inancial NEW YORK, Feb. 27. —Five per cent is bid and banks offer 51* for ail time money maturities. In conunereial paper, tho bulk of business is at 5. although prime names discount at 4 %. Foreign Exchange By United Financial ■ NEW YOKii, Feb. 27.—Foreign exchange opened firm Ster’lng—Demand, 54.71 3-1 6: cables 54.717 16 Francs— Demand. G.l7c; cables, 617 He. Lire— Demand. 4.83%c: cables. 4 s3%c. Belgians —Demand. s.4oVic: cables, 5.41 c. Marks— Demand. 22,222 to dollar. Czech—Demand. 2.06 c: cables, %c. Swiss—Demand. 18.7 c: cables. 18-Slc. Guilders—Demand. 39.62,*: cables. 39.6 V-. I V-'tas—Demand. 15.62 c: cables, 15.64 c. Swedish—Demand. 26.60 c: cables, 26.64 c. Norway—Demand. 18.49 c; cables. 16.53 c. Denmark—Demand, 19.51 c; cables. 19.55.
Produce Markets
INDIANAPOLIS. Feb. 27.—Egg<*—Fresh i-andled. 32c. Butter—Packing stock. 26c Capons—Seven lbs up. 23c: fowls 3Vi lbs up 22c: fowls, straight. 22c: lephorn poultry. 25 per cent discount: springs. 19o: -•ocks. 12c; stags. 15c: youne tom turkeys 12 lbs up. 50c: younr hen turkeys, 8 lbs up. 32c: old tom turkeys. 25e: ducks. 8 11m up. 32c: old tom turkeys. 25c: ducks. 4 lbs up. 15c: geese. 10 lbs up. 13c: squabs, 11 lbs to dozen, 55. Indianapolis creameries are paying 52c a lb for butter fat. CHICAGO. Feb. 27.—Butter—Receipts, 13.7110, creamery extra. 53c: standards. 53 s i c. firsts. 47 ! yc second. 45 % 46 Vsc. Krcs—Receipts. 17.897: ordinary firsts. 29 '<l 30c: firsts. 31 *2 'it 31 a , c. Cheese—Twins, 24c; young American. 204? 20lie. Poultry— Receipts. 7 cars: fowls. 22c: ducks. 23c: geese, 16c: eprmsrs. 23c: turkeys. 20c; roosters, 16c Potatoes—Receipts. 167 cars. Wisconsin round white sacked. 90c@ 51.05; bulk. 51 <31.10: Minnesota white, sacked. f)0c: Michigan round white, bulk. i)0e; Idaho rurals. SI. 10%S 1.15; Ruesets, 51.65<3 1.90. NEW YORK. Feb 27.—Flour—Dull, unchanged. Pork—Firm: mesa. $27 <1? 28. Lar.i—Easier; middle west spot. 311.80® 11.90. Sugai—Raw. easy: centrifugal, 96 test. 7.003 7.28 c:: refined easy; granulated. 8.6539.00 c. Coffee—Rio No. 7. on spot. 13’*e: Santos. 153 316 c. Tallow—Quiet; special to extra. 8N 38 T4c: city. 8 ; s e. Dressed poultry—Sieahy: turkeys. 25 <3 41c: chickens. 18'5 26c: fowls. 15331 c; ducks, 16®31c. Live poultry—lrregular: geese, 17322 c; ducks, 32335 c: fowls. 233 25c: turkeys. 25635 c; roosters. 17c: chickens, 24it 35c: broilers, 30 335 c. Cheese— Stesuiy. state whole milk, common to specials. 253 29c: state, skims, common to specials, 14 322 c. Butter—Steady: receipts. 12.186: creamery extra. 52 ’-4 352 He: special market. 53 353<4 c: state dairy tubs. 43 352 c. Eggs—Easy: receipts 23.290: nearby whites, fancy 46®48c: nearby state white®. 413 44c: fresh firsts to extras. 36 H @42c: Pacific coast. 38V 343 c; western white. 87 344 c; nearby browns. 43 ** 47c. CLEVELAND. F-eb. 27.—Butter—Extra in tubs. 583:58%c: prints, 59@59?4c: firsts. .56 350 VjC. Eggs—Fresh northern Ohio extras. 41c extra firsts. 40c: Ohio firsts. 38c: western firsts, 37c. Poultry— Live, heavy fowls. 273 28c: roosters. 17c: ducks. 25c: geese. 20e: turkeys. 35c. potatoes—Michigan. $1 60<@2.10 per cw~t.: New York. $2.1032.20 per 150 pounds: Colorado brown. $1.75 per cwt.: Idaho russets. $1,40 3 2.50 per cwt. Cloverseed Market Cl-yyerased was quoted $8 @l3 a bu in Indianapolis today.
New York Stocks (By Thomson & McKinnon) —Feb. 27 —
Railroads— 12:45 Prev. High. Low. p m. close. Atchison .. 103 103% At. Coast L. 122 % 121% 121% !B. & o 53 Vi 52% 53 ; Can. Pacific 481% 148% 148% C. & N. W. K. 85% 85 85 Vi 85% C.. R. I. & P 35% 35% Erie 12% 12% 12% ! Gt. No. pfd 78% 77% !L. & N. .. 150 % 149 % 150 % 149 N. Y. Central 97% 97% 97% N Y N H & H 20% 20% 20% 18% Nor. & West 115% 115% Pennsylvania. 46% .... 46% 46% Reading ... 80 79 % 79% 70% So. Ry 32% 32% 32% 32% So. Faeific. . 94 % 94% 94% St. Paul 24% 24% 25% St L A S W... 34 33% 33% 34% St L & S W p 60% 60 60% Union I'ac.. 143% 143% 143% 144 Wabash pfd x... 29 29% Fisk Rubber 15 Vi 16 Vi Goodrich Rub . . ... 36 % 38 Vs Kelly-Spnng. .. ... 63 % 62% U S Rubber 59% 69% Equipments— Am C & F .181% ... 180% 180% Arner Loco .126 ... 125 125% Baldw Loco .137% 136 136% 136% Gen Elec 185% 185% Lima Loco.. 67Vi ... 67% 67 Pullman . ..128% ... 128% 128% Westh Elec. 64 ... 63% 64 Steels— Bethlehem B 66% 65% 66 66 Crucible ... 78% 78 ( 78% 79 Guif States.. 91 Vi ... 90 91% Midvale 29 28 % Replogle ... 28% 28% Rep I and S 59 58 58% 58% U S Steel ...107% 106% 106% 107% Vanadium... 41% ... 41% 42% Motors— A Bosch M 45% ... 45% 45% Chand Mot.. 15 ... 14% 15 Gen Mot ... 15 ... 14% 15 Hud Motors. .. ... 29% 29% Max Mot A 51 Vi 62% >fkx. Mot. B. 10% 16% 16% Moon Mot 22 Vi 22% , Studebaker ..119% 118% 118% 119% Stromberg 19 80 Stew. Warn.. 97 ..... 96 94% ! Willy* Over 7 % 7% j Coppers— Ana. Smelt... 6.3% 63 6.3 Anaconda ... 50% 50% 60% 50% I Chile C0p.... 29% 29% 29% Kenneeott ... 42 % 42 42 Utah Cop ... 70% 70 70% 69% U. S. Smelt 40% 39
WHEAT LEADS!N GRAMMES Chicago Markets Reflect Washington Dispatches, By United Financial CHICAGO, Feb. 27.—A1l grains opened higher on the Board today. Wheat led In the advance on reports from Wa-shington that quick action on rural credits legislation might Be expected. Liverpool opened practically unchanged with Argentine a quarter higher. Cables Indicated the continent was taking a fair amount of wheat afloat, a fact that was expected to relieve the selling pressure at least temporarily. Argentine traders continued to ship heavy consignments of wheat but the ultimate destination of the grain will depend on the rate of exchange prevailing on its arrival. Con was higher In sympathy with wheat and a higher hog market. Argentine prices were practically unchanged despite the more favorable reports on the new crop. Oats met with heavy selling by leading elevator interests at the opening, but rallied sharply when these interests withdrew. Provisions were higher in sympathy with other groins and an advance in Izverpool cables. Chicago Grain Table —Feb. 27 WHEAT— Prev. Open. Hieh. I.nw Close. <•!<.<• M n v.. 117% 118% 117% 118% 117% July. 1.14% 1.1'>% 11.3% lie, 1.13% Sept.. 1.12% 1.13% 1.12 1.13% 1.11% CORN— May.. .73% .74% .73% .74% .7.3% July.. .74% .75% .74% 75 % .74% Sept.. .75% .76% .75’% .76% .75% ; CATS— May. .-14 % .44% .44 44% .44% July.. .44 41% .43% 44% .43% ;Bept. 42% .43% 42% 43 42% I.ARD— May. 11.50 II.RO 11.50 11 57 11 45 July 11.67 11.70 11.67 11.70 11.55 RIBS •May 10.75 10.72 July. 10 75 10 05 10 75 10.75 10.85 RV lv— ■■ May. .84% .85 .84% .84% .84% July. .83% .84 .83% .84 .83% •Nominal. CHICAGO, Feb. 27. —Car lot receipt#: Wheat, 44: corn, 815; oats. 114: ryu. 20. Local Hay Market Loose Hay—slsl® 17; bales. heavy mixed hay. $1.3 HI 4: lieht mixed hay, SISH 17. Corn —77 H 80c. Oats —52055 c. Local Wagon Wheat Local mills are paying: $1.28 for No. 2 red wheat.
Grain Briefs
CHICAGO. Feb. 27.—The Kansas wheat . crop outlook this season is the poorest for j several years. Some fields show little signs I of life, while others are being plowed up. The Argentine wheat crop was reduced j 21,240.000 bushels in the latest estimate. i 3316 crop was estimated at 194,078,000 bushj els. 14.600,0000 larger than last season. i World’s shipments last week were larger ! than expected Wheat showed a decrease ; of 1,832.000 bushels. 11.449,000 bushels oej ing shipped. 1 Moderate weather has resulted in ini creased movements Receipts are larger than ! for this period last year. Wheat on north- ! western farms and in country elevators was estimated at 94.000,000 bushels. Farmers ; will use 16,000,000 bushels of this reserve j for seeding. The carry-over into the new crop this year is expected to be larger, unless wheat declines to a point where it will attract a greater amount of European buying. Dressed Beef Prices Wholesale selling prices of dressed beef. Swift & Cos.: Kibs—No. 2. 18c; No. 3.14 c. Loins —No. 2. 2iJc: No. 3,10 c. Hounds— No. 2. 10c; No. 3,13 c. Chucka—No. 2, 11c: No. 3.9 c. Platea—No. 2,7 c; No. 3,6 c. in the Cotton Market Hu United Financial NEW YORK. Feb. 27.—Cotton opened higher. March. 29.750. tip 5; May. 29.89 c. tip 15: July. 29.75 c, up 17; October, 26.12 c. up 12. Raw Sugar Market Ity United Financial NEW YORK. Feb. 27.—Raw sugar opened lower. March, 4.970 bid; May, [email protected] July. 5.1035.11 c. WORK KEEPS SOLONS UP Hou.se May Hold Night Session to Clear Away Bills. The first night session of the present Legislature may be held tonight by the House. The House still has before it hundreds of bills. Many are doomed to dip, but there remain many whose pasfpge la being urged.
12:45 Prev. High. Low. p. in. close. Minings— Butto C. & Q 11 11 V4 Butte Sup... 34 % 33 % 34 33 % Dome Mines.. ..* 40% 40% Tex. G. A S. 61 Va 61 % 61% 63% Oils— Cal. Petrol... 86 84% 83% Cosden 68% * 57% 68% Houston Oil.. 70 68% 69 70% Pan. A. P. A. 79% 78% 79 79% Pan. A. P. B. 71% - 70% 70% 71% Pacific 0i1... 45 % 45 % 45 % 45 % Pro. & Ref.. 53% 53 63% 53% Pure Oil 29% 29% 29% Royal Dutch. 54% .... ,54% 52% S. Oil of Cal. 61% 61 61% 61% 8. 011 of N.J. 4.3 V, 42% 4.3 42 % Sinclair 33% 33 ,33% 33% Texas C 0.... 50% 50% 50% Industrials— Allied Chem. 76% 75% 76% 77 Am. Can 98 . 96 % 97% 96% Am. Ice 105 106% Am. W001en..103% 103% 103% 103% Coca C01a.... 76 75% 75% 74Z Comp. A Tab 78 77 % Cent. Can.... 48% 43% 48% 48% End. Johnson 75% 75% 75% Fam. Players 87 % 87 % Gen. Asphalt 45% 45% 45% 46 Inter. Paper 52 % 52 % May Stores.. 74% 74% 74% 74% Mont. Ward.. 23% 23% 23% 23% Nat. Enamel Owen Bottle.. 45 44 % 45 4a % Sterltng Prod. 63% 82% 63 63% U. S. R. Stor 80 V* 77% 79% 77% U. S. In. Alco. 67% 07 Vi 07% 07% Utilities— Am. T. AT. 123% 12.3% 123 Consol. Gas. 66 ... 65 66 Columbia G. 108% 108% 108% 108% People's Gas 91V4 9.1 West. Union 117% 117% Shipping— Am. Int. Cor. 28% 27% 28% 27% At. Gulf 23% 25% In. M. M. pfd. 40% 39% 40% 40% Foods— Ani. Reel Sg .... 44% 45% Austin Nioh. 30% 30% .30 1 30’. Corn Prod.. 1.35% 1.34% 135% 134% Cuba C. S. p. 66% 55% 50 56 . Cubau-Am Sg 34% 33 33% 54% Wilson A Cos 41 40 Tobaccos— Am. Tob. Cos 155 156% Tob. Prod.... 83 Vs 83 % 83 % 83 Vi
Dividends Today
NEW YORK. Feb. 27.—Dividends announced *oday: New York. Lackawanna A Western Rail-road-Regular Quarterly $1.25 dividend, payable April 1 to stock of r-cord March 14 Standard Oil of Kentucky —Quarterly divi dend of $1 on new stock, payable April 2 to stock of record March 15 American Can—Regular quarterly 1 % p"r cent preferred dividend, payable April 2 to stock of record March 10 Bourne S<Tym.-er-—Extra dividend of $1 and semi-annual dividend of 54. both payable April 16 to stock of re<x>rd March 17, J. I. Cs-* Thrashing Machine—Regular quarterly 51.75 dividend, payable April 1 to stock of record March 12. GRAIN RATE CASE 111 FINAL HEARING Railroads Would Lose 17 Millions Is Testimony. By United Press KANSAS CITY. Mo., Feb. 27. Carriers presented their final testimony in the mid-west grain rate hearing before the interstate commerce com mission hearing here today. Sixty first-class railroads would he affected by the proposed If* per cent reduction being sought by shippers-: of fourteen Northwestern and Middle western States. Granting of the propose] 10 per cent reduction in grain freight rites will aggregate losses of approximate ly $17,000,000 by the sixty lines, wit nesses for the roads testified. DULL. SLUGGISH TRADE MARKS CURB TRADING Fractional Recessions Are Recorded af Opening. By United Financial NEW YORK, Feb 27.—A dull and almost sluggish tone marked the Now Yoik curb opening today and the best that any of the issues did was to hold steady around last night’s ejosing fig tires. Others showed fractional re cessions. Fay Taxicab was reported in a pool at 33%. although its high was % rolnt above that. Checkered Cab at 59*4 was only steady. The declaration of $1 quarterly dividend hv Standard of Kentucky, wns a disappointment to most traders, for the stock dropped back to 104. well below recent highs and % below yesterday's closing. Vacuum and Standard of Indiana were steady. YANK OFFICIAL FINDS ATHLETES DOING WELL Huston Pleased With Early Efforts of Stars at Springs. By United .Yeti’* HOT SPRINGS, Ark., Feb. 27.—Colonel T. L. Huston, part owner of the New York Yankees, has arrived In Hot Springs to note the training progress of his priceless chattels and appears to be well pleased. The colonel found that Rabo Ruth, Bob Shawkey, Carl Mays and Joe Bush were out playing golf. Wallie Schang, the catcher, and Mike McNally, infielder, were hiking through the mountains and Everett Scott, the shortstop, was the only employe on hand to welcome tho boss. The Cleveland Indians leave here tonight for Lakeland, Fla,, to join the club In its regular training quarters. The Yanks leuve for New Orleans March 5. Roger Peckinpaugh, former shortstop of tho Yanks, now with tho Washington Senators, arrived Monday for his boiling oPLAN WEST COAST TOUR By United A"etc* CHICAGO, Feb. 27. —If tho impending tour of the White Sox and Giants through the Sunny South Is a financial success, the two oiubs will take another little junket through California In the spring of 11*24. President C. A. Comiskey has been anxious for some time to send tho Pale Hoso to the west coast for their spring training and the Giants have announced this will be their last year in Texas. Search for Girl Goes On Search for Mary Goveria, 15, of 616 W. Maryland St., missing since Feb. 21. continued today. John Petrovich, 617 W. Pearl St., told police he had Information that the girl went to a W. Washington St. store, bought anew dress and hat and changed her ciothes. He said he believed she had gone to Anderson, Ind., or Blair, W. Va.
TTTE INDIANAPOLIS TIMES
LIGHT RECEIPTS All) HOG PRICES Gain of 10 to 25 Cents Recorded on Local Market. Hog Price* Day by Day Feb. 259-300 lbs. 2*oo-225 lbs. 150-180 lbs. 21. 8.15*8 8.40 8.35® 8.60 8.60® 8.85 22. B.lo® 8.30 8.25 H 7.45 8.45® 8.65 23. 8 00® 8.20 8.70® 840 8.40 H 8.50 24. 8.00 & 8.20 8.20@ 8.40 8.40® 8.00 26. B.oo® 8.75 8.30 hi 8.50 8.50® 8.75 S7. 8.20® 8.35 8.35® 805 8.65® 8.85 Light receipts, caused by the impassible condition or roads in many parts of tho State, brought about an advance in hog prices at the local livestock exchange today. The advance was from 10 to 20 cents in general, but a quarter advance in spots was noticeable. Lights sold down from $8.85 and heavies up from $8.25 while medium and mixed grades gained proportionately. Pigs sold down from $8.50 and sows from $7.25. The bulk 'of the hogs moved from $8.35 to $8.75. Receipts, 4,000, including 226 layovers. The cattle market was active and higher with steer prices particularily tending to increase. The strength in steer prices was also felt among b utcher grades. Receipts. 800. The calf market opened steady at Monday's quotations and ruled firm throughout the trading. Choice veals brought a top of sl4 while the bulk moved from sl3 to $13.50. Receipts, 400. The sheep and lamb market was nominally steady on light receipts of 25. Quotations remained unchanged. —Hob*—ire to 200 lb* * 8 05® 8 85 Medium 8.35 ® 8 65 Heavy 8.25® 8.3.> I'iLL 7.7.7.7.7.7.777 7 7 sob® sr.o Packinsr bows 6.75® 7.25 —FivtUc— Few elioire ct**rrs ... $lO 00® 10.50 I run ii' ted sti-nts, 1.000 to 1.300 lbs 9.50® 10.00 G .-id i not<e steers. 1.000 to 1.300 lbs fi.oo® 9.50 Good to choice utters, 1.000 to 1,200 lbs 8.25(3 9.00 Good to i ion e steers, 1.000 to 1.100 lbs ... 7.250 7.50 Common to medium steers, 800 lt> 1,000 Ibw 5.75® 6.75 (b* Slid Heifers— Choir* lljrlit heifers $ 6 00® 16 00 li , 6.50® 8.50 Medium heifers 6.00® 7.25 Common heifers 5 no® 0.00 Good to eboico butcher bulls 4 00® 4.25 Fair rows 4.00® 5.00 Cutter* 2.75 m 3.25 Cat.tiers 2.25® 2.50 —ft til ls— Fancy butcher bells . .. $ 5.00® 6.50 Good to c! ice but-her bulls 4.00® 4.25 Rulom'.a bulls 3.75® 4.50 —Calvis— Choice veals $13.50**14 00 Good vea.s 13.30® 14 30 Medium veals 12.50® 1 > 50 Lichtwrisrhl veals 11. ,vyu sight veals 9 00® 10. Oil Common hearlcs s on® 9.00 Top • • 15.00 —-Hthrsip and LambsCulls 5 2.25 'if .3 50 Cos ■ choice wes 5.00 0 850 Few cV .* lambs 1.3. ml ®1 4 .On Heavy lambs 12 .00 ® 13.00 Cull lauib* 000 Bucks 3 00
Other Livestock K \NSAS CITY. Fell 27.—Ho*' —Receipts I, market, lit-' lower, bulk. $7 80® 8 (•■ heavies $7 1 5 7.90 bbtellers, $. 85 "I S 10. lie' '. $7.80 r 4.05; puis. $7.25 ® 5 6.) Call! Rie-eipts. 8.000: market steady prune fed steers. $9.75® 10 05; plain to i air dress-d beef steer™ 87 ® 9.75; w estern sleets. $T ® 9 .5; southern steers. $5.25 y s :.i .‘owe, ;>2 3.5 W 6.75: heifer*. $4 75 ® . St l-iers and lenders. $5.50® 8.50 bt h v 7 io'iis.2s: <m vi's. $5 50® 12 Sheep —Reet-ipts, 4.000: market. 15c hither lan.b*. sl3 50® 14.75; yearling*. sll 750 12.90’ wethers, $7.75'.’*; ewes. s'lf>ol® b. Stockers ami feeders. sl3 30 J 11.CO. FAST BUFFALO. Feb 27—Cattlo—Receipts. 500; market active, steady; shipping st"T-, $' 50®:* :5 butcher grads*. $7.25® H6o ('.lives- K-t lid*. 600 market active, lower cull* to . H.-fr- $3014. Sheep and lander Ite-vlpt*. 1 market active, hitener 'ii'i. e lamb* $15®15 65, culls to lair. S.B •: 14 50 yearling*. 5*014.1°; sheep. $3 <t 9.50. Ho.-* •• It *"cipN. 11.200: market and i.I ind st. liiy Yorker*. $H 50'/.; 8.76, pie* $8 25 'a 8 .50 mixed, So*f® h 7.. heavies $8 8.50; roughs, 56.3007; stags. $4.5') it 5.25. EAST ST. LOUIS. Feb. 77 —Cattle— Re ix-ipt*. 3,000 market steady to strong: native beef steer-. $7 s lt ®9 rows, $4.7506 ■ ■•.oner* and .•utters, S7 75®.3 75. calves, sl2 'ii I • 5.'. Stockers and treders $606 50 11. Receipts. 17,500: market 15 020a lusher, heavy. $7 05® 8 70; medium, sß.ln <5 -v.'t - lightweights, $8 75® 8 55: light lights. $8 I.l® s 5.5 packing sows. sfl.6n<Jj 7 pigs $6 75m *ls. bulk. S9OB 50 Sheen Re—<pt. 7 000. market • teady. owes, 85.5t"®8.25: t-inner* and cutlers. $3.60® 6.50: wool lambs. $13015. CLEVELAND. Feb 77 Hog*—Receipts 2.000: market, 25" hUlier; yorkers. $8 90: nilxl. sH.i>o; medium*. 8 50: plfirs $8 50; roe.;hrt t $7 stags $4 50. Cattle —Receipts. 2.000: market. *<*udy; good to choice bulls, $5.50T 6.50: good to choice steers, $8.50® 9 75; good to choice heifers. 50.50®7.50. mi ill" choice cows. ss®o; fair to good cows. $405: common cow* $2.50 03 60: u.i.-.-rs '-.,507c Sheep and lambs-—Re-ceipts, 200: market, steady: top, $15.23. Calves —Receipt#, 200: market, slow; top. $4. BLIND JUDGE IS UPHELD < ify Defeated In Effort to Withhold Pay. HELENA, Mont.. Feb. 27.—A blind man is eligible to be police magistrate, tho Supreme Uourt ruled In the ease of Dan Shea. Shea was refused font days’ pay aa police judge in Butte for tho time lie was taking the bar exami nation, but later obtained Judgment for It of Judge Joseph R. Jackson. City officials appealed to the Supreme Court on the ground that Shea was not qualified to serve as police judge because he is blind. BURIAL TO BE AT AURORA Mrs. Nancy Swift’s Funeral Set for This Evening. Aurora, Ind., will be the burial plu.ee of Mrs. Nancy C. Kwift, 86, who dial Sunday at tho home of her (laughter, Mrs. A. V. Bush, 823 N. Delaware St. Funeral services will be held at 8 p. m. today at the home, with burial In Aurora Wednesday. Mrs... Swift was born in Lawronceburg, Ind., and moved to Indianapolis twenty-seven yearn ago. She was an active religious worker and belonged to the Second Baptist Church. Surviving Mrs. Swift, besides the j daughter, are two sons, Henry U. and ; liibbert. CAR REROUTING HELD UP Board of Works Awaits Action of Railway Company and City. Pending a general rerouting of all street car lines along a plan being worked out by officials of the Indianapolis Street Railway Company and the city, no more lines will be rerouted at present, Charles E. Coffin, president of the board of public works, said today. The change under consideration by the board of works is the Northwestern Ave. line, asked by residents of the northwestern part of the city. j
TY COBB, BUT NOT OUTFIELDER, HELD Fails to Hide Far Enough Under Bed Clothes, Ty Cobb was arrested early today. But it was not the famous baseball player who was locked in the cellroom at police headquarters. Ty Cobb, 34, colored, 661 Bright St., was charged with operating a blind tiger. His arrest followed arrest of three white men near his home. Police said they found a bottle of white mule in the pocket of Floyd Hudson, 28, of 828 N. East St., after they caught him running toward an automobile parked on Indiana Ave. at midnight. They charged him with operating a blind tiger and charged two men in the automobile with drunkenness. They gave their names as Charles Sweet, 36, of 1336 Belleforitaine St., and Albert McGraw, 26, of 716% E. McCarty St. Police said Hudson told them he would show them where he bought the whisky He led them to Cobb's home, where police said Cobb tried to hide under tho bed clothes. He denied selling the’ liquor. LONG ILLNESS IS ENDED Deatli Takes .Mrs. Mary Williams, Active M. E. Worker. A long illness ended Monday with the death of Mrs. Mary Williams, 52, at her home, 1052 Dawson St. Funeral services at 1 p. m. Wednesday will be prlvte. Burial will be in Crown Hill. Mrs. Williams was an active worker in the Methodist Church. She is sur vlved by her husband, Harry N.: three sons, Charles, Frank and Harry Jr.; a daughter. Mrs. Sidney Smock, all of Indianapolis, two grandchildren and two sisters. Mrs. Ezra Hill of Indian apolis and Mrs. Charles Goebler of Poughkeepsie, N. Y. Marriage Licenses John Turk. 18, lnio N. Missouri Flora Overtoil. 10. 870 W i*ratt. Wiiliam Marion. 31, Qledich. Ind ; Rose Marion, 24. 637 S. Alaixuna I’ink Hamilton. 31. 311 N Senate: Lizzie Green. 20, 311 N. Senate. A. F. Plank. 09. Elkhart. Ind.; Clara PvUett. 49. 1425 N Dresden. E. N Hedge, 24. 2714 Boulevard; Jessie Ilankins, 25. 1408 S (T u n W C. lie m. 23. 2727 Station; Esther Smit: 73. 7569 Cali*. Ilerh rt Jenntnpu. 22. Carmel. Ind.: Kleita FeathtTsione, 20. 6506 Ashland. Tom Sand mi. 29, 1 177 Kappes; Ida Sexosn, 31. 1167 Happen. C. I. Ward. 23. Indianapolis: Katherine Ballon. 71 . I>U 8 Senate P L. Shipman, 20. <O7 oitn: Nellie Kir.*. 19. 113 C (.a— Wlliiai: Hiexins Jr 78. lf*lß N. Senate Jennie Brock. 30, 3::o N. Missouri. Victor Hardesty, 22 418 N. Alabama: Belly Weil*. 22. J 859 N. Taibot.
Births Girls Fdward and Bessie Bulimam. 14" ; Laurel Glenn and Anna Thompson. 42i N. La Salle. Rowe and Valeria Lame 553 Good! t. Frank and Anna Davenport. 2755 N Bellefontaius. Herbert ami Ruth Roberts. Lon* Hospl tal. Carl and Mario Gibson, Lomr P"guta! Sherman anil Rebecca Di'.aniorc. 2901 Beflefon talne Jessie ami Gertrude Johnson. 705 W. Thtr ty-Sr -ond Charles and Pearl Shine. 514 Bricht. Rninn and Mabel Dawson, 5816 li.-u.ev Kthuirtt and Flora McNerney. 1180 Kentucky. Hyman and Rebecca Sack*. 1013 S. Capi tnl Ernest and Verona Woodson. 307 Puryear John and Marie Haller. 716 Terrace Moeea and Leola MiiUltebrooks. 1013 N W. stem. Ireland Wiila Ilcnnln*. Methodist Hospital. Charles and Charlotte Zink, Methodist Hospital. Charles and Bessie Arro. 525 Warren. Georg* aid Catherine Sleets, Methodist Hospital. John and Myrtle Hunter. 5524 S. Mich lean. Roys Martin and Gladys Anderson, 4.37 N Temple. Horae" and Haßle Bryant. Lon? Hospital. Harry and Clara Westfall. 1219 Spann Robert and ir< un Ktapper, 552 llnrhland. Irwin and S- lina Ward. 5015 Lowell. Frank and Mary Faust. 1340 Barth. Paul anil Vivian Black. 542 Goodlot. Alfred and X.o Nello Ramsey, 904 Keystone. Owen and Helen Cline, 2624 N. Captotl. William and Berta lfibner, 342 S. Arllnifton Elmer and Alberta Storms. 5.36 Chase Earl and Grace Grooaiand. Methodist Iloa pllal. Bert and Catherine X.ajurenbaolier, 1126 Congress Arthur and Irene Murphy, 617 Tecumseb Ktuklo mid Lucile Golden, 1029 VV. Walnn James and Ruth McGee. 1130 N. West Hubbard and Marcaret Smith. Methodist Hospital. AO'crt and Sarah Marsh. 1910 Lexington. Harry and Alma Sn.lkeu, Methodist lior pttal. Ki>y and Annie Robinson, 3151 E. Minnesota. Deaths Elizabeth Lysvor, 43. 17 N. Eat, lobar pneumonia. Julia Sterllu*:. 67, city hospital, bronchopneumonia. John J Terrel. 72. 1808 Slnsrleton, chronic interstitial nephritis Mary Iloniff. 75, St. Vincent's Hospital, hypostatic pnoutnnla. Julia A. Funtenney. 71. city hospital, acute parenchymatous nephritis. Eliza A. Hines, 78, 1307 College, lobar pneumonia. Winifred O'Day, 63, 440 Douglas, pulmonary tuberculosis. Lucy Lorenzo. 32. Central Indiana Hospital. pulmonary tuberculosis. Queenio Cooke, 32, 3251 Graceland, carcinema. Melville Phillips, 75. 3101 Kenwood, cerebral hemorrhage. Horace W. Keys. 1, 1054 N. Sheffield, broncho-pneumonia. Hal Ho Rowlett, 40. 870 Parnell, pulmonry tuberculosis J Herbert Lauderdale, 61, 939 Paca, tuberculosis pn etlinouia. Perry Emerson Morris, 26, 1223 College, influenza. John C. 8011. 68, city hospital, chroide i myocarditis. Building Permits Henry WajenberfT. dwelling, 2951 N. Gale, 1 $2,000. Anna S. Hudsteut. dwelling, 3021 E. | Sixteenth. S3OO. William Brough, addition, 2531 N. Illinois, $.300. James E. Carver, reroof, 11.9 fi. Emerson, S2OO. 0. M. Oruthers, reroof. 42 W. Thirty- j Fifth, S2OO. C. W. Snider, garage, 2006 Southeastern. $325. Mlnola Ploro.e, station, 4132 E. Sixteenth. SSOO. ivninnd Dolph, addition, 254 E. South ern. $.325, Minnie M. Martin, dwelling, 348 Eastern, $4,000. Anna Whetstine, dwelling. 4318 E. Twenty. Fir it,, $1,650. Mason Tire and Rubber Company, repairs. 128 Kentucky, S4OO. Charles Zenn, building, 509 Virginia. $3,600. Harry Zollinger, repairs. 538 N. Oakland, $.750. Kenneth Clark, dwelling, 5115 E. Michigan, $5,000. Pure Oil Company, station, 2900 E. New York, $350. Henry Kothe. dwelling, 3915 Winthrop. $4,000. —' Eakin Building Realty Company, dwelling, 2.334 Hovey. $1,500. Kverott 8. Fink, dwelling, 1820 N. Mansfield. S4OO. (>. S reek, addition, 020 E. St. Clair, $450. Roy Mclntyre, dwelling, 4848 Guilford, $4,000. C. M Bennett, dwelling, 4536 Broadwav, $4,000. C J. Van Tassel, remodel, 1206 W. New York. S3OO. Frank Cross, furnace, 848 Wright, $239.
17 MEASURES PASS
SENATE These Senate bills passed Monday: No. 320 (Holmes) —Permitting transfer of inmates from one sanitarium to another with consent of superintendents and Stato Governor. (30-2.) No. 298 (King-Lindley)—Providing for organization, management, operation and supervision of assessment mutual insurance companies. (31-11.) No. 371 (Steele) —Authorizing auditor of State to sell lands along Kankakee River in Starke and I.a Porto Counties, and creating game reserve of 1,800 acres in bed of Kankakee River. (35-7.) No. 295 (Crosby)—Calling for reassessment and revaluation of all property In 1924 and 1928. Substitute for No. 192 failing for revaluation in 1923 and 1927. (29-13.) No. 315 (Brown) —Providing for issuing of bunds In sums as low as $2,000 for drainage work. Present limit is $5,000. (33-0.) No. 355 (Richards) —Legalizing operation of foreign reciprocal and mutual insurance companies in Indiana without . bond. (32-9.) No. 361 (Easton)—Re-enacting the 191 ;> law concerning drainage and districts, and providing for selection of committees by residents and affected property holders. (36-0.) No. 376 (Hodgcs-Holmes)—Fixing salaries ■ of prosecutor of Lake County at $7,500. and allowing him fees of SIO,OOO for deputyhire. Provides that all fees revert to county. (30-9.) Luke County Land This House bill passed Monday: No. 297 (Love) —Compelling State auditor to sell certain swamp lands belonging to State to highest bidder on petition of five freeholders providing bid is over assessed valuation. The Lake County land bill. (42-5.) This Senate bill was Indefinitely postponed Monday: No. 85 (Steele) —Providing for a board of moving picture censors. (40-4.) These Senate bills were killed Monday: No. 92 (Hartzell)—To license insurance agents, brokers and representatives through State insurance department. (13-20.) No. 352 (Brown) —Providing that cities or towns of fourth or fifth class may lucre ,c size of public utilities by issuing more bonds. Applies especially to Rensselaer. I (14-24.) ENGIMEER DIES IN LOGANSPORTWRECK Runaway Engine Hurtles Through City Fifty Miles an Hour. By limes Special LOGANSPORT, Ind., Feb. 27.—J0! ! soph A. Beal. 62, veteran engineer of ! the Pennsylvania Railroad, was killed Tuesday when a runaway engine crashed into the engine he was switching In the yards west of here, pinioned him in his cab, where he was scolded to death. The engine was taken from the j roundhouse by J. N. Wyatt. When ! he discovered he could not stop it be- ■ cause of a broken throttle he jumped 1 ;o safety. The runaway engine ran through the downtown district at a rate of fifty miles an hour.
Homier Briefs 81/tO.M iNGTON Students from twenty of the United States and eighteen foreign countries were enrolled in Indiana University during the past semester, registrar’s figures show. ELKHART —Hanging from a boathouse, Bernice Sayre, 15, daughter of Mr. and Mrs. Ed Sayre, extended her foot to Eldon Lundquist, 7, who had fallen through -thin ice in the St. Jo seph River and rescued him. HAMMOND —Falling asleep while 1 preparing a meal during the absence of ids wife, Thomas Gibbons, was as 1 phyxiated when contents of a pan j boiled over and extinguished the gas. HAMMOND —William Flaherty took fifty poison pellets when his marriage proposal was turned down by fifty different girls. Ho is expected to recover. GOSHEN —The first Presbyterian | Church, which was organized seventy ; years ago, has issued a call to the Rev. Trevor H. Dillon of Indianapolis. Only three pastors have served the church. FT. WAYNE —"Law can be enforced anywhere if we have an honest group of public officials," Capt. Owen A. Wiard, a Chicago detective, declared In an address. L A F A YETTE-George S. Gates, 55, who was tenor, singer : In a quartette composed of | George Ado, George B. Me- j Cutcheon and George Horn, i thirty-five years ago at Purdue ! University, is deed at his home. BUTLER- —Mrs. Martha Kelly. 84, j and Mrs. Hannah Squires, 80, chums 1 since childhood, died within fifteen j minutes of each other. KENPALLVTLLE—When fire broke out in the home of Ora Rendel, the family cat made such a commotion i the family investigated and discovered | the blaze. PERU —Barnhard Lindner, city treasurer, recently received a letter from Germany which had been written in 1890 by his mother, who has been dead thirty years. PORTLAND —-Dean Bishop, a filling station employe, discovered a gas leak with a match. He escaped Injury, although the 1 building was wrecked. WABASH —Thieves who broke into four business houses showed a taste for variety by taking a chisel, $4 in cash and twenty bottles of patent medicine. LOGANSPORT—Mrs. Flora A. Taylor has lived In the same house for fifty years, during which the only change has been the addition of a summer kitchen. Bachelor Kills Self By Times Special NOBLESVILLH, ltd., Feb. 27. George Learning, a bachelor, committed suicide by fastening a shotgun in a vise, standing in front of it and pulling the trigger. He died instantly. He leaves an estate estimated at $25,000. No cause was assigned. Frankfort Salesman Killed By Times Special a FRANKFORT, Ind., Feb. 27.—The body of Jake Gripe, 55, traveling salesman, killed when his automobile was struck by a traction car near Kokomo Monday, was brought to his home today. John Modlin of Marion, motorman, was seriously injured. r
HOUSE This Senate bill was indefinitely postponed: No. 199 (Moorhead! —Placed motor busses under jurisdiction of tho public service commission, regulated rates and schedules. Roads. These Senate bills passed: No. 31 (Moorehead) —Abolishes Indianapolis Memorial dav speedway race. No. 38 ' (Davis) —Provides’ boards of children's gaiardians in all counties and provides for financial suonort. No. 54 (Chambers) —Permits counties to present claims against estates of persons be ing cared for in county institutions at rate of $4 a week. o. 80 (Lambert) —Allows property exemption for assessment on mortgages up to $2,000. No. 82 (Miller) —Abolishes legal disabilities of married women. No. 258 (Beardsley)—Designates State ’board of health as agency to carry out provisions of Sheppard-Towner congressional maternity act concerning welfare and health of mothers. These House bills passed. No. 278 (Duffey)—Provides for establishment of method for computing automobile license tees on basis of weight and horsepower. originally an administration measure, but with administration’s recommendations virtually eliminated by amendments. No. .326 (Wysong)—Makes Indiana National Guard comply with national defense act. (67-5 ) m IS given FI CHRjSTAFiRE Men Start to Solicit for SIOO,OOO Fund, Active solicitation for the SIOO,OOO building funds for Christamore House on the part of the men's division started at noon today with a meeting at the Columbia Club. About forty workers attended. First reports from the women 1 workers were received late Monday. ' Among subscribers were Miss Martha j Carey, Mrs Frederick Appel, Miss I Julia Brink, Mrs. Charles Latham, | Miss Sallie Haueisen, Mrs. Clair Hughes, Miss Anna Louise Griffith, Mrs. Theodore Griffith, Mrs. Herbert Woeher, Mi's. Bowman Eider, Mrs. Joseph Schaf Jr., Mrs. O. M. Ragsdale, Mrs. David Eaglesfield, Mrs. T. D. Stevenson, Miss Gertrud. Baker, Mrs. Russell Fortune, Mrs. George Homes, ; Mrs. Jesse Fletcher, Mrs. Charles ■ Bradley Jr., Miss Margaret Shipp. Mrs. Elias Atkins and Mrs. Frederick Bird, as members of tho Christamore Aid Society; total. $4,250. Mrs. Herman Tuttle, $230: Riley C. Adams. SSO; C. W. Craig, $200; Home Lumber Company, $100; Louise K. Wentz. $100: S. S. Rhodes ct Son. $100; jW. H. Simmons, $100; Elmer W. Stout. S4OO. With a total of $43,020 already ! pledged, B. Elsey, president of the | College Settlement Association, said ; he expects to see the fund completed i this week.
HISTORIC FUG EXHIBITED ! Sons of Revolution See Gift of Washington to Miamis. An American flag of fifteen red. ! white and blue stripes made !n 1795 by order of President Washington and presented to the Miami Indians at the treaty of Greenvijle. Ohio, by "Mad Anthony” Wayne, commander-in-chief* : cf the American Armies, was exfiibit- ! ed Monday night at t£e thirty-fourth annual State convention of the Indi ! ana Society Sons' of the American i Revolution. The 13S-year-old relic's history was | told by Dr. P. G. Moore of Wabash, who first saw it in 1869 near Thorntown. Officers elected: President. Cornelius F. Posson, Indianapolis: rice presidents. Mason J. Nlblaek, Vincennes: Oscar Dinwiddle. Lowell; Robert Strfckler, Frankfort; Timothy Sherwood, Ft. Wayne; secretary-treas-urer, Edmund L. Parker, Kokcnto. FORAN VERDICT SATURDAY City Firemen Testify He Sold Booze 25 Cents a Drink. Decision In the case of Patrick Koran, 909 S. Missouri St„ accused of selling liquor to city firemen, will be made Saturday, Judge James A. Collins of Criminal Court announced. Walter Miles and William Sweeney, city firemen, testified that they paid 25 cents a drink for whisky in Koran's home. Miles said ha filed the affidavit accusing Foran of selling liquor after he and Foran were arrested, on advice of Fire Chief O'Brien that "it might save his job.” LODGE WORKER IS DEAD Mrs. Carrie E. Moore to Be Buried Wednesday Morning, The death of Mrs. Carrie E. Moore, 72, wife of Samuel T. Moore, trustee of Franklin Township, Monday at St. Vincent’s Hospital, took from the Eastern Star an active member and past worthy matron. The funeral will be held at 10:30 a. m. Wednesday in the Baptist Church at Acton, with burial in the Acton Cemetery. Surviving Mrs. Moore, beside her husband, are a son, Orville, and a daughter, Mrs. Harvey R. Belton, of Indianapolis. Mother and Baby Burned By Times Special LOGANSPORT, Ind., Feb. 27.—Mrs. 11. D. Powers and her 6-months-old baby are in a serious condition at a local hospftal following burns received when a kettle of hot water fell on them. The leg of a heating stove gave way. Automobile Show Opens By Times Special EVANSVILLE, Ind., Feb. 27.—The annual Evansville automobile show opened Monday night at the Memorial Coliseum and will continue until Saturday. The entry list is the largest In the history of the local show. Traction Car Hits Auto By Times Special GREENCASTLE, Ind., Feb. 27. "Walter Cox, 17, was injured when an automobile in which he was riding was struck by a west-bound traction car Monday. Three other boys leaped from the auto and escaped injury.
Liberty Bonds 415 LEMOXtE BLIK4.
I Buy and Sell
TUESDAY, FEB. 27, 1923
FORMER TOWNSMEN GATHER 10 HONOR, RALSTONAND WIFE Nonpartisan Reception Held, at Lebanon for United States Senator-Elect. By Times Special LEBANON, Ind., Feb. 27.—Senatorelect Samuel M. Ralston and Mrs. Ralston were guests of honor at a nonpartisan farewell reception given by citizens of Lebanon and Boon© County in tho Ejks’ Club Monday night. Lester F. Jones, a Republican, presided, and .ex-Judge W. H. Parr extended the greetings and good wishes of the former townsmon to the Senator and his wife. Mr. Ralston responded to the greetings with an informal talk in which he recalled his early experiences in I. as a lawyer. He said he knew only one man when he came here; that he had SSO in money and was SI,OOO in debt. In discussing his coming duties in the Senate, Mr. Ralston said that he had always regarded a public office as a public trust; that it is an honorable thing if a man does his duty, but not only dishonorable but disastrous if one fails. Ho pledged him-j self to discharge his coming duties' to the best of his ability. Mrs. Ralston, in a short talk preceding her husband, praised the fin© citizenship of their friends in Boon© County. She said her family always regarded this city as home. FIRE PREVENTION EKPERTSTO TALK New York and Cincinnati Men on Program, Two men of national prominence will speak tonight at Ihe fifth of a series of fire prevention meetings at Caleb Mills Hall under the auspices of the ffire prevention committee of the Chamber of Commerce and th© fire prevention bureau of the fire department. They are T. Alfred Fleming, New York, supervisor of the conservation department of the national board of fire underwriters, and Capt. J. J. Conway, chairman of the Cincinnati fire prevention committee. Inquiries regarding the Indianapolis school are being received from all parts of the country. Tonight’s subjects: "Loss of Wages! Resulting from Fires” and "How the' Employe Is Affected by Production Losses.”
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Newton Todd
