Indianapolis Times, Volume 35, Number 265, Indianapolis, Marion County, 16 March 1923 — Page 16
16
HIGHER PRICES EXPECIED AFTER READJUSTMENT Thursday's Reaction Looked Upon as Basis for New Bull Market. FOREIGN NEWS IGNORED Optimistic Feeling Creates Good Demand for Stocks at Opening. THE WALL STREET JOURNAL NEW YORK. March 16.—Thursday’s reaction was looked upon as a readjustment of the market’s position in preparation for higher prices toward Saturday’s close. This feeling created a good demand for stocks today and offerings in early dealings were easily absorbed. Just as the market had been unconcerned over the invasion of the Ruhr, it paid no attention to signs that the reparations tangle was nearer solution than at any time since the French occupation began. First Hour * Unsettlement among Mexican oils in the first hour furnished a good test of the market’s technical position, but the general list acquitted itself in good style. Bedford’s remarks concerning oil losses in Mexico furnished a pretext for a drive on these shares. A resumption of the forward march of the general list set in around 11 i o’clock, due to the plentiful supply of available call money to ,be found in the street, despite the righer rate. Second Hour Additional stocks threw aside reac- ■ tionary tendencies and resumed the forward movement in the second hour. Prominence given the Mexican oil situation drew attention to the shares of domestic companies which are placed in an exceptionally favor- ( able position because of advancing crude prices and Sinclair advanced to anew 19:13 high. A slight reaction of L. & X. was later followed by a steadier tone in this class of stocks, j Noon Hour. Mid-week strength following restoration of wire service to the West hud demonstrated that centers West were bullish, so traders took advantage of further crippling of wire service in a. late morning attack on the market. In the absence of support of western buying, bears forced fair sized recessions in industrial leaders. Rut a decided scarcity of stocks was revealed and noon dealings showed that further attempts to start liquidation had fallen flat. Twenty active industrial stocks Thursday averaged 104.74, off .54 per cent. Twenty active rails averaged 59.33, off .40 per cent. Local Bank Clearings bank Friiay wcr<* hunk debits were $6,581,000. Foreign Exchange hi/ United I innncinl NEW YORK. March 16 —Foreign rx •hinge o|ned firm. Sterling—Demand, *4.68 1.5-lrt; .-able-. 54 69 3-I*s. Franc*— Demand. cable?. 0.31 c. I-ire—De-rv?nd. 4.8|%c: c-tb'c*. 452%e. Mark*— 20.5.1.1 to the dollar. Belgian—Demand, "> 13%<-: cable*, 5.44 c. Czech—Demur.*!. 7.96 %e: cables 7 07,*. Swiss—Demand. 1 K file; cahies, 18 o.l'* Guilders—Demand. ■‘So 4d.-; cable-. .19.44.- Reset is—Demand. 1.5.44 e: <-able?. 1.3.46 c. Swedish—Demand. '.’B.rS'-; cables. 26 B’>. Norway—Demand, is. l4c: demand, Islsc. Denmark —Demand. 19.21 c: cables, 1925 c.
Produce Markets
INDIANAPOLIS Man h I*s.—Eggs—Fresh •-arulled. 23*-. Butter —Paekin? stock. 30**. Fowls—Straight. 22c: lesrhorn poultry. 25 per cent discount: sta?s. 15c cocks. 12*': young tom turkeys. 12 IBs up,*2B<-: young hen turkeys. H lbs up. 28*’: old tom tnr-k*-ys 2.!c ducks, 4 !bs up. 14*-: ?'■*>(<*, to ibs up. 12c: squabs. 11 lbs to the *i-*/.., S-V Trdianapohs rr*-ajnerics ar- paying 50* ■ per lb tor butterfat. CHICAGO. March I*s—Butter —Receipts. 5.:171 : creamery extra. IK.- standards, the; firsts. 47 1 j'a 48Lc: sceonds. 46 *q 47c Ee-gs—Re*-eipt. 18,657. ordinary firsts. 24 t24Vie: firsts. 2-Vj4l 26c. CheeseTwins 23c: young Americas, 25 : -j c. Poultry—Receipts 4 carv fowls. 26<- du-ks, 25.’; geese, 13c: springs. 28c turkeys, 25c: roosters. 10c. Pot atocs—Re,wip*s. 143 ■ are. Wisconsin round white, sacked. $1.10; Idaho russets. $1 10'a 1 45. NEW YORK March 16—Flour—Quiet, unsettle*!. Pork—Duff: mess. S27**t2B. Lard—Firmer: Middle West spot. $12.85 { ii 12.05. Sugar—Raw firm; centrifugal, 06 test 7 41c: refined firm: granulated. 9® !> 30e Coffee—Rio No. 7 on spot. 13 ' '*s 13 1 ~’ Tallow Firm; special to extra. 9V vr9%o: city. B%*?. Dressed poultry— Steady: turkeys. 25 @ 29c: chickens 18® t6c: fowls. 15 a 30c ducks. 16® 31c. Live poultry—lrregular, geese 13® 18**: rtu-ks. 236 32c: fowls. 25628 c: turkeys. 2.5 <4 45c; roosters. 13c: chickens. 18® 45c: broilers. 60®70e Cheese—Firm State whole milk common to spc<-ia!s. 25® 29 He. Butter—Firmer: reeeopts 8.647: creamery extra. 40 1 !*-*' spe'-iai market. 50® 50’ic: State *!airy turns. 43649 c. Eggs— Steady: receipts. 33.360: nearby whites, fancy, 40® 42c: nearby State whites. 32® the; fre-h firsts To extras. 30®33Hc: Pa•ific coast. 31 U'B 38c western white. 32® 38c: nearby browns, 3.54#40c.
Business News
YOUNGSTOWN, Mareh 16—Title to the Brier Hill Steel Company haa passed to the Youngstown Sheet and Tube Company The . transfer ot the property covering ninety-six pages was turned over to the sheet and tube . simps! it by an arrangement un*ler whieh Brier Hill eommon stockholders received one stock certificate in Sheet and Tube for every four shares of common stock previously held and 187.606 stock certificates were issued to Brier Hill stockholders. LOriSViLLE. Kv.—Standard Oil of Kentucky shows net profits of $1,461 874 for 1922, after Federal taxes have been deducted. This amounts to $<5.67 a share on 516.715.221 of $2.5 par capital stock outstanding, tn 1921, $0,000,000 of capital stock of $l(X) par value showed earnings of $2,717,542. or >45 29 a share Directors and officers in office in 1922 have been r<ve.eetod. in the Cotton Market By Vnitcd Finanrlal NEW YORK March 16.—Cotton opened higher. March. 30.91. up C: May. 31.05, on 5: July. 30.34. up 4: October, 26.77.1 up 3. Dressed Beef Markets Wholesale selling prices of dressed be*f. Swift & Cos.: Ribs—No. 2. 18c No 3. 14'-. Loins—No. 2. 23c: No 3, ip.* Rounds— 1 No. 2. 16c; No. 3.13 c. Cnu’fe*— No. 2, lie; No. 3. Be. Plates —No. 2. 7c, No. 3.6 c. 1
New York Stocks (By Thomson & McKinnon)
I Railroads— Prev. High. Low. 12:45. close, i Atl Coast L. 121 120% 121 131*4 I B A- O 53% 53% I C A NW Ry 85% ... 85 % 8(5 % jC R I & P. 37 ... 36% 37V* ! Erie 12% 12*4 |Ut North pt. 77% ... 77% 78% I Lehigh Val 68% 08% L & N 144% 142% ... 145% Mo Pae ptd 46% 46*4 N Y Central 98 ... 98 98% NY NH & H 19% ... 19% 19% ; Pennsy .... 46% ... 46% 46% l Reading' 78% ... 78% 78% So Ry 34 % ... 33 % 34 So Pacific... 93% ... 93% 93% St L & SW.. 35% 35% 35% 34% Union Pae ..141 ... 141 142 Wabash 10% 10% Wabash pfd. 30% 30% 30% 31% Rubbers— Kelly-Spring. 57% 57% 57% 57% jU S Rubber. 63 61% 62 62% Equipments— Am C and F . . ... 183 182% ! Amer Loco .134% ... 334% 134% * Baldw Loco .140% 139% 340% 140% j Gen Elec ... 186% 186% llama Loco. . 72% 70% 72% 70% ! Pullman ... 130% 131 i Westh Elec.. .. ... 64% 64% i Bethlehem B 68% 6S % 68% 88% i Crucible 82 81% 82 82 ; Midvale . .. 31% 31% 31% 31% IHi p I and S 00 % ... 60 % 61 I Sloso-Sheff 55 % j U 8 Steel ..107 74 107% 107 74 107% Vanadium .... ... 42% 42% Motors— Am Bosch M ... 50 56 % Chand Mot.. 74% 74% 74% 74% Gen Mot ... 14% 14% Hudson Mot. 31 ... 30% 31 Max Mot A.. 61 61 61 Max Mot B. 19% ... 19% 19% Studebaker .124% 124 124% 125 Stromherff. . . 91% 90% 90% 91% Slcw-Warnr .120 ... 118% 120% Wiilys-Over.. .. ... 7% 7% Timken ... 43% 43% Coppers— Anaconda ... 51% 50% 51% 52 Chile Copper . . ... 29 % 29 Kenneeott. . . 42% 42% 42% 43 Utah Copper. 73 ... 73 73%
LIVERPOOL GAIN BOOSES GRAINS Better Foreign Inquiry Is Reflected at Chicago, By United Financial CHICAGO, March 18. —A higher Liverpool market caused grain prices to advance fractionally at the opening on the Board of Trade today. Better foreign inquiry. together with reports that the United Kingdom and other continentals were buying Manitobas strengthened wheat. Reports from Indiana statisticians indicated vacillating weather there did considerable damage to the crop. Corn bids were closer to a working basis and there was a better export demand. A higher hog market and a decrease in cattle shipments indicated an increase of feeder demand. Oats showed a stronger undertone and there was some export demand. A sharp upturn in Liverpool lard and a favorable construction of a semi-monthly statement showing only a moderate supply of lard on hand, aided provisions. CHICAGO. M ar.h 16—Car let receipts: Wheat. 17: corn. 168: oat*. 64. rye. 2 Chicago Grain Table —March 10WHEAT— Prev. Open High. Low Clone, close. May. 1.20 1.21% 119% 121% 119% July. 1.15 110 1 15 1.15% 1.14% Sept. 1.13% 1.14% 1.13% 1.14% 3.12% CORN — May. 74% 74% .74 .74 % 73% July. 76% .77 .7*5% .77 .75% Sept ,76 7s .78 .77% .78 .76% OATS— May. .45 45% 14% 15% .44% July. 14% 15 14% 45 .44% Sept. 42 % 13% .42 % 43% .42% LARD— Mav. 12.37 12.42 12.40 12 35 12 27 Julv 12.50 12.52 12.45 12.47 12.40 HI iSS Mav. 11.15 11.15 1112 1112 1110 Julv 11.10 11.50 11.37 11.37 11 37 RYE — May.. 81 85 .83% 8.5 .83 % July.. .83% .84% 83% .84% .82% Local Hay Market Loos** Hay—sl.34i!7 bale*. 5165,. 17 hnvy mixed hay. 813 41 14 light mixed bar sls 4i. 17. Corn—77 *u 80c Oats—s 2 55c. Local Wagon Wheat Local mills am paying $1.28 for No. 2 red wheat. MEXICAN NEWS FAILS TO UNSETTLE OILS American Companies \re Said to Face Big I kisses. I By l ni/rd Financial NEW YORK, March 16. —The statei ment of Chairman Bedford of Standard Oil of New Jersey that American ■ companies operating in Mexico faced a loss of a quarter of a billion dollars because of the exhaustion of the Mexi- ! can field, failed to depress the general j level of oil stocks today. While Pan American issues on the stock ex ; change fell off a point, Mexican oil I on the curb rose to 2. Traders apparently took the position that Bedford had said nothing which had not been said before and were therefore inclined to disregard his statements as a market factor. The other feature of the early dealings was in United Verde Extension, which rose to 35, anew record high. The jump in the quarterly dividend late of $1 was behind this.
Dividends Today
NEW YORK. March 16.—Dividend announced today: St. Louis Southwestern—Quarterly $1.25 preferred dividend, payable April 2 to stock of record March 24. United States Industrial Alcohol —Regular quarterly 1 \ per cent preferred dividend. payable April 16 to stock of record March 31 Schulte Retail Stores—Regular quarterly S2 preferred dividend, payable April 2 to stock of record March 20. Mallinson & Co.—Regular quarterly I** per lent preferred dividend, payable April 2 to Flock of record March 24. McAndrews & Forbes —Regular quarterly 1 * j per cent preferred dividend and 2Vs per *rnl < immnn. payable April 14 to stock of record March 31. National Fuel Gas Company—Quarterly $1 25 dividend, payable April 16 to stock of record March 31. Prior to the 100 tier cent stock dividend,..Dec. 30. the quarterly dividend was $2.50. United Alloy Steel—Regular quarterly 50 '•ent common dividend, payable April 10 to stock of record March 54 City Investing—Regular quarterly I \ per cent dividend, payable April 2 to stock of record March 28. Cor.goleum Company—Regular quarterly $2 common dividend, payable April 16 to stock of r*cord April 2. Raw Sugar Market By I'nltcd Finnnciat NEW YORK. March 16.—Raw* sugar opened very steady. March. 5.56 c bid; May. 5 70®5.74c July. 5.85®5.87c: September, 5.98®5.P0c: December, 5.73 ® 5.70 e; January. 5.40 c arked. Warner bought about 5.500 bags of Cuban row for March shipment at 54s cost and freight and buyers indicate further interest at that figure with sellers asking 5 Vc Some refiners are shading list tii-n rs Federal is selling In a limited way at 8 90c. Cioverseed Market Ctoversced was quoted sß® 12 a bu in Indianapolis today.
Prev. High. Low. Close. close. Minings— Butte Sup 33% 34% Tex G and S 52% ... 52 01% Oils— Cal Petrol... 97 % 90 % 97 % 97 % Cosden 61 % 61 61% 61% Pan-A Pete A 81 79% SI 82 % Pan-A Pete B 75 73% 74% 75% Pacific Oil ... 45 45 Pro am! Hes. 53% ... 53% 53% Pure Oil ... 29 % 29 % Royal Dutch 52 % ... 52 % 52 % St Oil of Cal 61% 60% 60% 61% S Oil N J.. 42% . . . . 42% 42 % Sinclair .... 30% 35% 30% 35% Texas Cos. .. 50 % 50% 50% 50 % Industrials— Allied Chem. 78% 78 78% Ad. Rumely . . 18% 18% Amor Can ..102% 102% 102% 102% Am. Woolen 103% 103% 105% Coca Cola.. 70% 76% 77 Comp. AT 79 78% Endieott-J 7.5 % 77 Famous Play. 87% 87% 87% 87% Gen. Asphalt 61 % 51 51 % 51 % May Stores .... 74% 75 Nat. Enamel 71% 71% 71% 72 Oven Bottle. 48% 48 48% 48% Sterling Prod. 04 .... 04 03 % U S. R. 5... 81 80% 81 81% U S Ind Aleo 73% 72% 72% 72% Utilities— Am T and T 123 125% Con Gas 65% 05% 05% 00 Col Gas . ...109% 109 109 109% West Union .04% 114 % 114 % 115% Shipping— Am Int Corp 31% .10 .10 31% Atl Gulf. ... 32% 31 % .11 % 31 % Int M M pfd 43 42% 42% 13% Foods— Amer Sugar. ... 82 % 82% Am Beet Sug 47 46 40 46% Austin Nieh. 30% 30% 30% .11 Coni Prod. .131% 130 % 1.10 % 132 Cub Cn Su id 63 62 % 62 % 62 % Cu-Ara Sug.. 35% 35 35 35% Tobaccos— Am Tub Cos .157% 150 150 157 Tob Prod... 84 83% 83% 84%
Indianapolis Stocks —M trch 10— Rid. Ask. Am Central Life 200 . . Am Creosotlng Cos pfd 99 Adv Rumely Cos coin 18 20 Adv Rumely Cos pfd ... Belt K R com 06 % 70 Belt R R pfd 5,1 % ... Century Bldg Cos pfd. 96 . . . Cities Senice com 186 190 Cities Servieo Cos pfd 68% 70 Citizens Gas Cos coni 27 28% Citizens Gas Cos pfd .. „ S*f> % 101 Dodge Mfg Cos pfd ... Ind Hotel com 100 ... Ind hotel pfd . 99 Ind Nat Life Ins Cos 3 led Pipe Line Cos 101 104 Ind Title Guaranty Cos 70 SO Inilpls Abattoir pfd . 10 50 - Gas 50% 53% Indpls A Northwestern pfd . 40 Indpls & Southwestern pfd 00 Indpls St Ry 67 71 Indpls Telephone Cos c0in.,... 1 ... Indpls Telephone Cos pfd. ... 90 Indpls Water Cos . 102 103 Mer Hub Util Cos pfd 8! Nat Motor Car Cos 1 3 Public Sav Ins Cos 10 ... Ranh Fertilizer ptd 50 Standard Oil Cos of Ind 67% 09 Sterling Ins Cos . ...... 74, T H I A E com .1 % *1 T H I A E pfd 15 20 T H Tr A Lt Cos pfd 93 100 Union True of hid com 4 6 Union Tr of Ind Ist pfd ... 34 „ . . Union Tr of Ind 2d pfd ... 7% 8% Van Camp Hardware pfd . . 101 Van Camp l*rod Ist pfd . 96% 100 Van Camp Prod 2d pfd 103 Vandal la Coal Cos com l % 4 Vandalia Coal Cos pfd. . .11% '1 Wabash Ry Cos com. . . .10 11 Wabash Ry Cos pfd 3U 31 Bond. Belt RRAS Y4s May. 39 82 Broad Ripple .5? July. 43 t'B 70 Citizens Gas ss. July. 42 ’*7% *B% Citizens Gas 7s. serial I<lo% 191 fit Si It R ss. Mav. '33 mi 88 Ind Coke A Gas i!s. April. '46. 92% . . Did Hotel ss. Julv. ’3l .93 ... Did Hotel Cos 3d os. drawabln .100 Dd North ss. Get . 33 tl Ind II R A St ss. Jan . 43 89 93 Ind U Tr ss. Julv. 33 .41 Indpls Ah Cos ?%s. Sept, 31 109% 103 Indpls Col A So os. Feb 48. 97% 190 Indpls Gas ss. Oct,. 42 . 88 >, 90 Indpls Lt A lit 5s April. 10. 94% 90 Indpls A Marl ss. Jan . .12 02 65 Indpls North ss. July. 32 5b 60 Indpls A N W ss. March. '22. 53 58 Ii dpls A 8 E 5s .40 Indpls, Shelbyville ASK 5s .52% . Indpls St Ry 4s 00% 0.8 Indpls Tr A Term 5s Jan . '3B 88 Gj 89% Indpls U R K 3s Jan.. 65 97% 160 Indpls U R R 4% s. May. 20. 9.3 Indpls Water ss. July. 36 99% 100% Indpls Water I% s. Jan . 40 86 89 Kokomo M A W ss. July. 38.104 10.3 So Ind Power os. Jan , 31 liil . . T II 1 A K As. April. 45 . 7.1% 75 U Tr of Ind os. 32 74 7.3% Sales 1 000 Liberty 2nd 4%s . 98.00 WINE IN CAR: WOMAN SENTENCED 30 DAYS Marie liavis Found Guilty of Blind Tiger Charge. Marie Davis, alias Frances Worden, t'ico Hotel, was lined S2OO and costs and sentenced to thirty days in the Indiana women’s prison by Special Judge Vincent H. Manifold in civ court on a charge of operating a blind i tiger. She was found with six other persons in a taxi s*alled at the east ■ entrance of the Emrichsville bridge, : pojieo said. Bruce Campbell, I,orra:ne Hotel, driver of the taxi, said that he was hired to drive the party to a chicken dinner place in Emrichsville Sergeant Sheehan and squad found tie party in the machine A gallon iug of wine was found in i he cat . Those in th° party were Kirk Mil ier. Ufi \V. Maryland St.: Scott Cable. 815 E. Forty-Second St.; Harold Riley, Danville, 111.; Smith, Elizabeth Baker and Mrs. Davis. CRIPPLE GIVES CONCERT WHILE LYING ON COUCH Musician. Paralyzed Twenty-Four Years, Wins Praise. LOS ANGELES. March 16—“ Flat on his back." as he ha-s been twentyfour years from paralysis, Arthur F. Fuller is receiving the favorable attention of musical critics here. At the Ebell Club, Fuller, single, pianist and composer, gave a concert before a large audience. The concert was his thirty-first and most successful one. Reclining upon a couch, the musician played and sang. He re ceived his musical education at the American Conservatory of Music, Chicago, and afterward was choirmaster at nine Middle Western churches before becoming an invalid. DAD ASSERTS HIMSELF Finally Has Say in Selecting Christening Place for Son. LONDON, March 10.—Viscount Lascelles finally has been allowed to have a say In regard to his son and nolr. lt was his wish that, the baba be born In Yorkshire, his ancestral home, but Princess Mary preferred London, and here the youngster made his en try Into the world. At once people began to speculate upon the place that would be chosen for the christening. Nearjy every’ one deemed the Chapel Royal In St. James’ Palace to be the most likely. But the proud father Insisted on Yorkshiie, and he has had his way. Little Harry will he baptized in St. Mary’s Church, Go Id.sbo rough, one of the prettiest village churches in the north, and the i king and queen will be there in all j the glory of royal grandparentage.
THE LNDIAiNAFOLIiS TIMES
Strained By United Press PETERSBURG, Ind., March 16. —While sleeping, the-glass eye of Clevek Willis, manager of Homadav Park, exploded. He had worn the eye sixteen years.
Ell TONE NOG MARKET FEATURE Top Price of $8,90 Gives Strong Undertone, Hoc Prices Day by Day Mar. 250-300 lbs. 200-225 lbs 150 180 lbs. 10. B.3sfit 8.45 K.so(it 8.00 8.604! 8.75 12. 8.25(ft 8.35 8.35(5 8.50 8.55® 8.65 13. 8.35® 8.50 8.55@ 8.75 8.754! 8.90 14. 8.35® 8.50 8.55® 8.70 8.704(1 .8,80 15. 8.40® 8.60 B.oo® 8.75 8.75® 8.85 16. 8.50® 8.05 8.65® 8.75 B.Bo® 8.00 Firmness with some show of strength dominated the hog market at the local livestock exchange today. The market was generally quoted steady to strong, the strength having been shown by lights which were selling at a top of $8.90 which only one load brought Thursday and heavies which were selling up from $8.50, which was generally a nickel higher than the average on Thursday. The bulk moved from $8.60 to SB.SS. Sows and pigs both held firm. Receipts touch 9,000 with 884 holdovers. Large receipts kept prices from advancing, traders said. The cattle market was active and firm with prices largelj at Thursday’s quotations. There was a fair demand, especially for the better grades. Re celpts, 800. The calf market was steady though fewer calves brought the top of sl3 than on Wednesday and Thursday. The bulk moved from sl2 to $12.50. Receipts. 400. The sheep and lamb market was quiet, duo to light receipts of 25. Sixteen lambs brought sl4 and seven brought sls. Ewes ruled firm. Hog*— 150 to 200 lb* . $ 8 SO- - sno Medium 8.65® 8 7.3 Heavy 8.50® 8.65 Top 890 Pigs 8 00® 8.50 Packing sows. . .. 7.25® 7.75 —Tattle— Few choice steer* $ 8.75® 9.25 Prime corn-fed steers. 1 .000 to 1.300 lb*... . 8 50® 950 Good to choice steers, 1.0{)0 to l .300 iba . . . 8.00(0 8 .'ci Go,*! to choice steer*. J 000 to 1.200 lbs 7.75 ® 825 Good to choice steers. 1,000 to 1.700 lbs 7.75® 7 .50 Common to medium steer* 800 to 1,000 lira 5.7.5® ( 7.3 —Cows and Heifers— Choice liffht heifers 5 8 00® 959 Good light heifer* 7 00® 909 Medium heifers 0 99 , ”5 Common heifer* 509 a ODO Good to choice butcher bulls 4.00® 4 25 Fair cows I.oo® 5.00 Cutter* . 2'. .V C 32. Conner* ... 2.25® 2.0 Bull*— Fancy butcher bulls 8 509 • 5 9 Good to choice butcher hull* 4.09 4 25 Bologna bulls. . 3.75® 4 >0 Choice veals sl2 50 tr 13 00 Good veal* 12.00® IS 50 Medium reals . 10 50®: 11 00 Light weight vea’s 11l 00 .M 050 Heavy weight veal* ... 9.00'u 19 90 Common heavies " IM * 9.00 Top, . 15.00 Culls $ 7 25® 350 Good to ohoi ** ewes . . . . . ■ tid’d 0.50 Few choice lambs 1 1 00' 1 1 ■ **o Heavy lamb* l.’dOu 13 00 Cull lambs . . 0 00 Bucks 3 00
Other Livestock CHICAGO M.inl: 10 Hog*—Rc-uipU, 2.5 000. marked. 1.• to 15" tiuher. lot'. $8 85 bulk if sale*. 8 lO'a * 7.5. h-avv weight. *8 75'.,: S 50. medium weight. 7-. 19 '•I h 75; light, w-eu-hl. *8 0-541 s8 5 CIC *- weight*. 88 75 800 h.-ivy packing SOW*. S7 40'./ 7.85: packing sows rough. 8? I.> ■( 750 pur*. 77 75'.f sso Cattle—ltcupt*. 1000 market, steady etcu.-e uul ■79.7.5 47 10 50. common ami medium. 88 1., 'UO 75 common $•) 75 w s 15. g'.'id ami choi.-e $9 7.3% 10.3.5 common and medium. #0 50 419.25: butcher ami . Utlo and hei'er*. 8 05410 0.3 cows. * I 50m 7.75, bu -I . ',lO 75: e.inner*, "litters cow * and heliers. $3,25444.50; "tinner steers ¥37.3',i575 veal calves. $8.75m H. fewier Bluer* $0.3.5 4> 8.1.5; stocker stwrs. 7175 ,(8 Htoc’-.er • ow* ami heifers 03 75',i .. 75 Sheep--lie eeipts, 8.000 market, active, l.>" higher, lambs. sl.l 14 8..; luml*. .11 to common 9 50',i 1.1 75 yearling wethers $9.75 4, 13.50: owes 0 50.1.8.75 cull to common ew . s. $3.75 f<( 0.75. CLEVELAND, March 10 —Hogs—Receipt* 4 000; market, steady vorkers. $9 I > ••f 9 2.* : mix'. $9 15: medium. $8.7.3 pig*. $8.50 rough*. >7 25 stags. 450 Cattle Receipt*. 200: market. sti luly good to choice bolls, $54*6; good to choice steers. $8449 50; good to choice heifers, s6'i(7 good to choice cows, So'i/6; fair to good cows. $3 .304i 4.50: common cows. 87.5041 3 si> ’ bilkers. $404(75. Sheep and lambs—Receipt* 500 market. slow, top. sls Calves—Receipt*. 200; market, slow; top. $1 3 ..O KANSAS CITY. March 16 —Hogs Receipts. 4,000: market. 15c to 15c higher; bulk 88 lOi-ii 8 30; heavies. $7.1*0 < 8 70. butchers $8 104*8.35 lights. $8 15 .i 8 35. pigs. $7 35 It 7 05. Cattle—Receipts. 800; market, steady , prime fed steers. $9 09 t JO 75; plain to lair drr*ncd heef steers. $7.254i 9 00. western steers. $7,254(0 00: southern steers. $5,504(8 25: cows. $2-35 4# 0 75; hetfers, $4.7.38.7.7 : stoekers sod feeders $5 50'll 8.50 bulls $2.50445.25: calves. $5.50109.50 Sheep—Receipts. 20.000 market, strong; lam tie. sl3 25 m M 2..; yearlings. $11.25 Ui 12 .30. wether*. SB4; 925 ewes. $0 75 4( 8.75; Stockers and feed era. sl.l 504( 14.25 EAST BUFFALO March 16.—Cattle— Receipts. 225; markets slow, steady: ship pug steers. $8.60® 0.50: butcher grades, $7,254( 8 25: cows. $24(0 Calves—Receipts. 1.800, market active steady, cull* to choice. s3® 14. Sheep and lambs —Re ecipt*. 8.000. market slow steady' choice lambs, sl4® 15; culls to fair, sß',<l3 50 yearling*. $7,504! 13 50; sheep, $341.10. TTog*—Receipts. 8 000: market active, steady: Yorker*. 08.7.3"/:0.35: pigs. 88.50< 8.75; mixed. $9 1.5"(9.35: heavies, sh 8.3 at 9.15; roughs. $7®7.50: staffs. $5®5.50 EAST ST. LOUIS. March 10. —Cattle— Receipts, 1,000 market, steady: native beef steers. $8.2.54(9: cows. $.3.75'./6 75 cantier* and cutters. s3'o I: calve*. *l9, stock er* and feeder*, $0.50(./7.25. Hogs—Re eeipts, 15.500; market, 5c to 10c higher:; heavy $8,40 4/ 8.00 medium. $8.50® 8.70 light weights. $8.60® 8.75; light light*. 08 154(8.75: packing sows. 07.357.60; pig*. $04(8 75; bulk. $8 50',, 875 Sheep Receipts. 400; market, nominal; ew.-s, $., >9 4(8 50: calmer* and cutter*. $2.50® .5.50; wool land's, $134,14.75. PITTSBURGH. March 10.—Cattle—Re c'-ipt-s light; market slow coulee, $9,504, 9,00; Rood. $8.00"19.35; fair. $74,8: vent j calves, SI 3504, 14 Sheep and lambs—Re | eeipts light: market, steady: prime wet tiers, $04(9.50: good. $8.50 419: lair mixed, $7.75 4,8; lamb*, sl4 7.54, 15.25. Hogs—Receipts, 2.3 double decks: market. lower; prime heavy, $8,604, 8,7.: mediums. $9 1.34,; 0.25: heavy yorker*. $9.1.5® 9.25 . light yorkers. $9 4/9.25; pigs, $8,25 4(8.50; roughs, $0,754/7.50; stags, $-14(4.50 CINCINNATI, March 10.—Cattle—Receipts, 500; market active, steady to Htrong shippers $7.50® 9. Calves—Market steady to weak; extras. $104,12.50. Hoffs —Receipts. 6,000; market active, steady to 10® 25c higher: good or choice packer*. $8.90 Sheep—Market steady; extras, $5 4,) 0.30 Lamb*—Market steady; fair to good, $14,504! 15. Champion Stowaway Back NEW YORK, March 16. —The world's champion stowaway arrived in New York aualn today. Hans Breltlaueh, 22 yearn old. completed his kuventh trip from Germany on the President Roosevelt, which docked at Hoboken after a stormy trip from Bremen. He whs taken to Ellis Island to await deportation. Harem Loses Sill* Hose CONSTANTINOPLE, March 16, Inmates of the royal harem will be Riven no more silk hosiery, owing to the luxuary tax of flfteen-timea the value now in effect on such articles.
HEALTHY BUSINESS SHOWN IN INCOME TAX RETURNS Increase Paid Despite Reduction in Rates, Treasury Reports. By United Press WASHINGTON, March 16—Preliminary reports from Federal tax collectors indicate that the American people paid slightly in excess of $400,000,000 in income taxes yesterday, treasury officials said today. The total may reach $420,000,000, which would he $27,000,000 greater than the amount received on the same date last year. Previous predltions of the Treasury were that (lie payment would amount to $400,000,000 Treasury officials believe that the increase in taxes in the face of reduced rates is a barometer of healthy business revival that was in progress last year. Some of the important corporation returns received several days ago are said to clearly show better business onditions last year as compared with 1921 which suffered from the postwar reaction. CHICAGO SHOWS INCREASE Total 1 ollcctini's iii District Will Be $28,000,000. P.y I nitrd Press CHICAGO. March 16. —Income tax payments In the Chicago district showed an increase of $2,500,000 over last year, officials announced following the close of the period for making reports at midnight. Collections will total nearly $28.000.000. BRIDE DESCRIBES ORGY AT WEDDING (Continued From Page 1) 1921 were gone into pt length by Homer Elliott, United States district attorney, in questioning John W. Albright. treasurer of the club. Elliott said he would show that 23 per cent of the contributors were “notorious boot loggers ’ Albright testified all bills of the ('lull were "O. K.M ” by Johnson. Lewis Harn*s, a defendant, and a man named Huber. Contributions to the club amounted: to $4 29t s7. Albright said It was ,i common practice in the Gary cli\ court for lawyers lo act ;• s special judges on each other's cases, William 11. Matthews, Gary lawyer, testified.
“Saw N< One Jailed” ’I didn't see them send any one to jail.” lit* said. Defendants mentioned in tills connection were Blaz Lucas. Bryan i>. Narcovich and Fred Sea - bright, "Day me $l6O and your son can go ' home.” John lvonioki said Narcovich told him after Ins son had been arrested m a liiiiior case The case was set for the court of Justice of the Peace Cot tray, Konocki said. ”1 paid I the $l5O and no one went to court,” he said. At anotiier time he said Constables Dan Melloy and Pete Persons, defend arils, arrested him and took him to the court of Justice of the Peace Charles I, Clemens, a defendant. "This was about 10 p in ,” ho testified. "1 paid some lawyer S2OO and ! the case never came up.” Flovd M Durr*!!, formerly deputy constable, told of going to Indiana Harbor and collecting $l2O from Pete I Shubnr. “Then we went back to Clyde Hunter's office with the money.” he said. "I thought it was a present to the prosecutor's office." Judge Ferdinand "A. Geiger ordered this stricken from'the records on objection from Hunter's attorneys. Hunter, a defendant, formerly was prosecutor of Lake County. Harold Cross, a reporter on the Lake County Times, who followed Matthews as a witness for the government. testified he had bought liquor in a number of places in Gary. He said he made investigations for his paper and bad bought wine in the Kirlelweiss case operated by Jake Saultz, a defendant: in the Jefferson Hotel, operated by Joe Lamont, a defendant; in .a place operated by Jennie Miller, a defendant, and in a number of other places. Reporters Find Women. Ho saiil he and other newspapermen found women in a number of 1 these places. Over the objection of the defense, j he told of a conversation with a worn- j an In a place known as the Green j Mountain Inn in which the woman j .said there were between 300 and 400 j women of immoral character in Gary j and that they all “paid for protection.” Cross said the woman refused to I tell who collected the "protection ! money” or to whom it finally went, t other than that It went to “a man j higher up.” Got Booze Money, Charge At the end of the second day—| Thursday—tho Government had intro - j duecd evidence that money from the sale of confiscated liquor had been divided between Wiliam M. Dunn, judge of the city court of Gary; Clyde Hunter, former prosecutor, and minor defendants. Witnesses also testified that by payments of money dismissal of liquor cases had been obtained. Several witnesses said they had made these payrnonln to B!az A. Lucas, former law partner of Judge Dunn. Billy Jonee of Indianapolis, confessed former bootlegger, gave his testimony In short, snappy sentences and supplied the big laughs of the afternoon. When asked about his relations with Gary officials he barked out: “June 2, 1920. Loaded whisky at Birnham, 111. Shot up In Hammond. Whisky unloaded at. Gary. Put up my watch for SBO. Later telegraphed SBO. Went after watch. Stuck $25
Owners of Gary Soft Drink Saloons Among Men Caught in U. S. Net
SpTraCY CASE IN FEDERAL COURT HERE. WERE PHOTO* 1 % $ Jk : * nt| , if| S&gr V A * 'V ' y.' %•
GEORGE RAPAICH (IJ3FT) AND DAN DELICH, GARY SOFT DRINK SALOON PROPRIETORS AND DEUE NO A NTS IN THE IffQUOR CONSPIRACY CASE IN FEDERAL COURT HERE, WERE PHOTOGRAPHED LEAVING THE FED ERAL BUILDING.
more. Sixteen months later got three months. That's all." Jones aid ho was not in Gary June 11 and knew nothing of any proceedings in city court. Homer Elliott. United States District Attorney, said the city court records showed that on that date Jones had been fined SSO and costs. Agnes Szabo. who figured in the Gary and Sout Bend conspiracy cases, teatified Dan Melloy, former deputy constable, arrested her and that she put up S2OO cash bond. She Fnld she was found not guilty, but that she never got her money back. She said after that she bought booze of Melloy. Mrs Melloy testified she had accompanied her hnshand to the home of Prosecutor Hunter and that he had delivered two cases of whisky at the Hunter home. PRAYER URGED FDR CLEVELAND MAYOR Executive Lacks Dignity, Woman Evangelist Says. ' Pray for Fred Kohler He seems to need God." That is the plea to the people of Cleveland from Mrs Bertha Harris, an evangelist, conducting services in (he Grace Congregational Church here. At her nightly meetings she urges those present to go to their homes at the conclusion of the services and there offer prayers in the mayor's behalf “Every man in public office should remember his dignity,” Mrs. Harris said today. “Mayor Kohler has forgotten his. No man who is not right with bis God can do things with the right spirit. Mayor Kohler wants to be the big T too much. He is losing friends as a result. “Vinegar does not draw flies. Sugar does You cannot hold a club over your men and get the right pirtt out of them. Just as David failed In Jerusalem. Kohler has failed in Cleveland. because, like David's, his heart is not right with God.” When the mayor was asked to comment upon Mrs. Harris' request for prayers. Kohler walked away from his interviewer with a muttered reply that sounded like Barnuqi's age-old sating. “There’s one born every’ minute.” Ge* a New Head! LONDON. March 16.—The day is not far distant when human heads can be interchanged, think scientists who have carried that operation out successfully with insects. Eyes also have been removed from rats, fish and toads and grafted into the heads of other subjects. Fox Hunt In a Mine CLEVELAND. England, March 16. —Hunters and hounds pursued a fox into a mine and finally killed the animal half a mile below the surface.
Home Work Dropped If Business World Calls
By JANET PRYOR “Where are you going, my pretty maid?” I'm going tt-houseworkinc, sir," she said. "I'll got you a store job, my pretty maid.” “Lead mo right to it. sir.” eh said. So it is, with th Kiris, according to Mrs. Susan Washfjurn, in chaiuo of the Y. W. O. A. employment bureau. Girls will take domestic Jobs only when they find It impossible to pet work in stores, offices, factories or cafeterias, she says. AVlien the girls do enter hemes to do housework, they get about $8 if they do no laundry work; $lO to sl2 if they do the washing. They also ure given room and board. With the colored domestics, the "situation is much easier,” according to Charles Otis Lee, superintendent of Flanner House. The supply and demand just about balance.
Ex-Deputy Constable Is Star U. S. Witness
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DAN MELLOY Dan Melloy (above*, ex deputy constable at Gary, star Government witness in the Federal Court trial here of sixty-three Lake County citizens, including Mayor Johnson of Gary and other city officials. WANTDN FIREBUG AT LARGE IN OHIO Nocturnal Motorist Blamed for Twenty Blazes, CLEVELAND. March 16.—The unseen hand of a firebug is applying the torch with wanton abandon in Lake County. Already there have been twenty mysterious fires in that county covering a period of three months, and entailing a loss of $600,000. Residents are aroused over the fact that no fire marshal has been sent to investigate, although the marshal's office in Columbus has been apprised of the situation. It is believed the fireburg may be n. maniac, or possibly someone who is wreaking vengeance against the community. Tiie only thing known for certain Is that he has an automobile. This accounts for the fact that he lias been able to operate so long without detection. No one has seen him. He starts a blaze in the dead of night. Then, apparently, lie jumps into his car and is gone before property owners are aroused by the flames. He has become a terror to townspeople and farmers alike.
The Flanner House is supplying about 1,000 domestics a month, Lee says. Most of them ore for day work. Os 913 calls supplied in February, 893 were for day work and only twenty for permanent positions. Those day workers average $2 to $2.35 a day. They.pay their own carfare, but are furnished lunch. This price has remained the same for about two years. Lee adds. It ranged from $2.25 to $2.60 a day during the war. For colored houseworkers who work by the week the pay ranges from $7 to sl2 a week. These workers are given their meals, but usually do not room at tho homes. In several cases colored women who have attended college have accepted positions as domstics, according to Lee.
FRIDAY, MARCH 16, 192 H
CHARGES GAMBLING ROOM WAS KNOWN AS LITERARY CLOD Kabrich Testifies Resort Was Operated With Protection From Raids. That the Willard Park Literary Club. 2129% E. Washington St., was in reality a poker game was the testimony of Paul Kabrich. Baker apartments, in the Criminal Court trial of George Shockley, 507 E. ThirtyFourth St. and Roy Travis, 1245 Massachusetts Ave. The jury had deliberated several times this afternoon, after receiveing the case this morning. Travis and Shockley were tried on charges of running a gambling house. Kabrich, ex-assistant treasurer of the Midwest Crushed Stone . Quarries Company, testified he lost approximately $3,000 in the club from February to August, 1922, playing poker. He was arrested Nov. 6, 1922, charged with embezzling $5,000 from his employers. His account of where he spent the money led to the indictments of T-avis and Shockley, it was said. “When I ’old them several times' that I didn't want to he arrested in a gambling game, as I had a good job. Shockley and Travis said: ‘Oh. don’t worry. We won't be raided, and if we are we will have an advance tip and can clean out,’ ” Kabrich testified. Other State witnesses said that Shockley and Travis took a “take-off" from each pot, and charged a dime for every pair that showed, as well as for the last card on the deal. Amounts ranging from sl3 to $lB an hour were taken in. Prosecutor Evans said, in his opening statement.
SHDPOWNERSASK I 51,1 IN WRECK Street Railway and Traction Companies Sued. When a W Michigan St. car entered the “Glass Shop" at Michigan and Blake Sts. Aug. 26. 1922, through | the front end of the brick building, i damage amounted to $1,300. it was : alleged in a complaint in Circuit j Court today. The suit was filed by Frank S. Amend and Edward 3!. Guss, pro-/ ■ p--ietor.' of the shop, against the In ' j dianapolis Street Railway Company ! end the Indianapolis Traction * Terminal Cos. Mirrors, plate glass and polishing tools worth S3OO were destroyed or stolen and the interruption of business cost SI,OOO, the com i .airit said. The accident occurred when the l motorman is said to have attempted ! to take the turn at high speed, due to | some miscalculation. A woman standing on the corner was killed. CDDRT DENIES AID TO BOOZE HAULER I The suit of Charles Busby, 702 N. i Illinois St... against the Williams Auto I Livery. 11l Kentucky Ave., for $5,200, was dismissed in Superior Court, room 4. Thursday by Judge Clinton A. Giv- | an. Busby alleged the money was due I him as back pay. lie testified he hauled | whisky for the Williams brothers (from Nov. 1. 1919, to Nov. 1, 1921. Whisky was hauled from Cincinnati i and Hamilton, Ohio, to Chicago. | Evansville, Decatur and Indianapolis, | he testified. The case was dismissed because the i contract was against the public pol- , icy. Judge Givan said. Defendants in the case were Cecil, : Azel and Hannah Williams. projri-i i ters of the Auto Livery. FOUND: A GIRL WHO~ CAN THROW STRAIGHT WAPAKONETA, Ohio. March 16. A 13-year-old girl in the seventh grade of Geyer School, not only can throw stones with great force, but can throw them as straight as any boy in the school. She got in a row with a neighbor : woman. The latter appeared in juveI nile court here with a black eye as evidence of the ability of the girl to throw straight. The girl admitted she struck the woman, because she “told stories that were not nice." SILK POPPIES ARE BOUGHT Legion Plans to Raise Fund by Sale to Public. American Legion national headquarters has contracted for 2.500.009 silk poppies, to be sold in all parts of the country to raise a fund for the relief of sick and needy veterans, decora tion of the graves in Europe and other patriotic purposes, it was announced today. Poppies will he sold the last week In May, to ho worn by contributors on Memorial day. Many legion posts plan to use money derived from the sale of the poppies to pay their share of the endowment fund of SIOO,OOO which the legion has pledged to provide for ( permanent annual decoration of the 32,100 graves of American Veterans in France. Belgium. England, Scotland, Ireland and Spain. Puts & Calls S4O to $125 controls 100 shares of any listed stock on N. Y. Stock Exchange. No further risk. Move of 5 points from option price gives you opportunity to taka ssop profit; 3, S3OO, etc. Write for Free circular. R. Parker & Cos. 50 Broad St., N.Y.
