Indianapolis Times, Volume 35, Number 310, Indianapolis, Marion County, 9 May 1923 — Page 10

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STOCK EXCHANGE HAS HEALTHfEST OPENING IN WEEKS Statement of Secretary Hoover Helps to Improve General Sentiment, EQUIPMENTS FAVORED American Locomotive Scores Five-Point Advance Before Noon, Affecting Setback, The WALL STREET JOURNAL NEW YORK, May 9.—Secretary of Commerce Hoover's profession of faith in continued prosperity helped materially to create improved sentiment and buying at today’s opening ■was of a healthier character than has been witnessed in weeks. American Locomotive advanced two points at the opening and IT. S. SteeJ and Bethlehem were up fractionally. Sugars also advanced eiightiy. First Hour The market continued firm in the early trading with Studebaker gaining more than a point. But the market as a whole showed little change from the opening. Steel and Baldwin reacted slightly from their opening, while Republic Iron and Steel scored a fractional gain. Sharp advances in a number of specialties added a luster to the market. Second Hour Action of American Locomotive in the late forenoon gave the shorts an uncomfortable feeling when the stock which they had used as the vehicle for bringing about general liquidation in other interests advanced five points. The remainder of the list firmed up in sympathy with Steel, which made a gain of % of a point. Noon Hour Remand for stocks grew stronger as the day progressed with equipments still in the leading van under influence of American Locomotive's morning advance. Baldwin and American Car and Foundry benefltc,i considerably, while Steel again showed strength. Oils began to act better with Maryland and Pan American leading.

Fourth Hour The steady advance of American Locomotive during the fourth hour was followed by less sharp, but no less Impressive advances by Baldwin, Lima Locomotive, New York Air Brake and Aniercian Car and Foundry, which crept to new levels, the while influencing the general market which moved sedately forward. At no time was selling pressure exerted. Closing Hour Trading in the final hour proved but a continuation of the general advance which had marked the aggressive progress of individual i.-rues throughout the whole day's session. As issues began to take life and move for"ward, whole groups were strengthened, commodity buying being the only exception to an otherwise decidedly bullish movement. Twenty active industrial stocks on Tuesday averaged 96.54. up 1.13 per cent. Twent yactive rails averaged 51.55, up 1.18 per cent. Local Bank Clearings Indianapolis bank Gfjru-cs Wrdnowiay were $3,669,000; bank debits were Sk.iWS 000. New York Money Market By United Financial NEW YORK. May o.—Tin’ tim- ,no::ey market wag quirt, with the Tiff* 5% p*r eent and up four mnnlhg Commercial rper ronunar.dtil 5 per rent fur prime nanus and other were 5% per ,-riit. Most of the business was at 5 per cent. Foreign Exchange By United Financial NEW YORK. May o.—Foreign exchange opened lower. Sterlinx —demand. $4 61%: cables. 5-4 61%. Fran-n—Demand. G5G%c: rabies. 6.60 c. Urn—Demand. 4 81% ; cables. 4.82 c. Be'dan—Demand. 5.70 %e: cables. 5.71 c. Murks—,>7.o37 to the dollar. Czecho— Demand. 7.07 c; tables. ".97 Ha Fwiss—Demand. 17.08 c: cables. 18.00 c. Guilders—Demand. 38.06 c; cables. 30 oOc. Pese* as—Demand. 1571 c: cables, 15.23 c. Swedish —Demand. 7(5 56c; tables, 26.60 c, Norway—Demand. 16.64 c: cables, 16.08 c. Denmark —Demand, 18.04 c: cables, 18.68 c. Produce Markets

INDIANAPOLIS May It.—Fresh eggs. 23c; packing stock butter, 28c; springs, I*4 to 2 lbe.. 4c; fowls, straight, 22c; fowls, under 4 lbs.. 19c: leghorn poultry, 2 per cent discount: cocks, 11c: young tom turks. 12 lbs. up, 28c: young hen turks. 8 lb.s up. 28c: old tom turks. 23c; ducks. 5 lbs. up, 13c; geese, 10 lbs. up, 11c: squabs, 11 lbs. to dot., So. Indianapolis creameries are paying 42c a lb. for butter fat. CHICAGO. May o.—Butter—Receipts, 4. 309; creamery extra. 41 tic; standards. 41 ’•*,c; firsts. 39H <B4oc; seconds. 32® 39c. Eggs—Receipts. 19.575; ordinary firsts. 2314 c; firsts, 2514 c. Cheese—Twins, 2114(8 2114 c: young Americas. 22c. Poultry—Receipts, 2 cars; fowls, 26c; ducks, 20c; geese, 12c: turkeys, 25c: roosters. 14c: broilers. 46 ® 50c. Potatoes—Receipts. 375 cars. Quotations: Minnesota Red Rivers, sacked. 86® 95c; New Weaker Florida Spaulding Rose, barrel No. 1, $7.50; No. 2, 55.25. CLEVELAND, May 9.—Butter—Extra in tubs. 4514 @47i4e; prints, 4ti@4Be; firsts, f43!4 @4514C; packing stock. 34 @36c. gg—Fresh gathered northern extra. 38c; Ohi ofirsts, 27c; western firsts, new cases, 26c: duck eggs, 29Vi®34Hc. Poultry— Live fowls. 27c; fancy fat fowls. 28®29c: roofers, 17® 18c: capons. 32® 36c; Ugh* fowls, 23 6 25c: broilers. 35® 66c: ducks, 20@30c. Potatoes—Michigan. [email protected] per 100-lb. sack: New York, $2.25 per 150-. b. sack; new potatoes. ss®6 a barrel. NEW YORK, May 9.—Flour, quiet, and unchanged; pork, quiet: mess. $27®27.50; lard, dull: midle west spot, [email protected]; sugar. raw. firmer; centrifugal. 96 test, 8.03 c; refined, firmer: granulated. 9.75® 9.90 c: coffee, Rio. No. 7 on spot. 11 He; tallow, dull: special to extra. 8®8lie: city. Tl4c: dressed poultry, dull; turkeys. 05® 88c: chickens. is®4sc: fowls. 16®32c: ducks. 20®27c; live poultry, dull: geese. 12 ®l4c: ducks, 15®25e: fowls. 28c: turkeys. 80c; chickens, 30® 50c: broilers, 30® 55c. all via express: cheese, steady: state whole milk, common to specials, 20®29c: state, akims, common to specials. 10® 18c; full eklns, butter, firmer: receipts, 8,340: creamery extra. 43tic: special market. 43 a i ® 44 He: state dairy tubs. 39@43 he; eggs, easy: receipts. 44.155; nearby whites, fancy. 88®41c: nearby state whites, 28®38c: fresh firsts to extras. 29® 32c; Pacific const. 30®89c western white. 28®38c; nearby browns. 83@37e. Cloverseed Market Cloweraeed was quoted 57® 10 a bu. in ladiAnapolia today.

New York Stocks (By Thomson & McKinnon.)

Prev. Hirh. Dow. 1:45 close. Atchison ... 99 T S P 9% OPT* 09% B. and 0.... 48 47% 48 4714 Can. Pacific .153% ... 162 • 15114 C. N.W.Ry. 79% ... 79’4 79 C..R.1.& P.. 29H ... 29 29 Del and Lack 71 *4 7144 Gt North pfd 71 % ... 7144 7144 111. Central 11014 10914 Lehigh Valley 62 % ... 62 *4 62 % L & N .... 90 ... 90 89 N Y. C .... 82 44 92 92 % 92 North Pac . 72% 7214 73 % 72 44 Penna 44% 44 44*4 4414 Reading 7414 74 74 % 74 So Pacific... 89 88 44 8814 88% Union Pac .13414 134 1.34*4 133 44 Wabash pfd . 28*4 27*4 2814 2714 Rubbers— Kelly-Spring. . 51*4 60% 61 60S U S Rubber. . 55% ... 54*4 64% Equipment*— Am C * P. .173 170 173 169% Amer Loco .136 132% 135% 130% Baldw Loco .129% 127 129% 127*4 Lima L0c0... 69% 07% 69% 66% Pullman .. .121% 121 121% 121 Westh Elec.. 66 65% 56 65% Steels— Bethlehem... 6054 59% 69% 60 Crucible .... 71% 70% 71 70% Gulf State*.* 86% 85% 86 84% Midvale 30 ... 30 30 Rep I and S. . 53 74 52 % 53 62 % U S Steel ..101% 100% 101% 100 44 Motors—i Am Bosch 43% 4t% 43 40*4 Chand Mot.. 64' 4 63% 64% 63% Gen Mot 10% 16*4 16% 16% Max Mot A. 49*4 49 49% 48 Max. M. (B). 17% 17 17 % 17 Studebaker ...171% 116 117% 116% Strom berg. . . 71 69 70% 68% Stewart-W.. . . 88 85% 87% 84% Timken .... 40% 39% 40% 40% Texas G & S. 62% 01*4 615* 61 Coppers— Am. Smelt... 60 ... 59% 58% Anaconda .. 46% 45% 46% 46 Kennecott .. 39% .... 53 % 38% Utah Copper 68 % .... 67 % 07 %

ACTIVE BUYING SENDS GRAINS UP Unfavorable Weather News Contributes to Advance, I By l nitrd Financial CHICAGO, May 9.—Active local buying, together with unfavorable j I weather reports, caused grains to | ! close higher on the Chicago Board of ! Trade today. Deferred months led in ! the strength. Some of the apprehension felt for I the outcome of the wheat crop as a | result of the snows and cold wave were allayed by a statement issued j by B. IV. Snow, local expert, who said fears that the frosts and low temperatures would further kill winter wheat, are not well founded. Deferred com months showed conI tiderahje strength. An Omaha trader < reported heavy sales of cash corn to ; Illinois points at 84%c or I*4o higher i than prevailing prices. Oats were stronger, reflecting the j strength in other grains. Provisions maintained a strong undertone throughout the day, with evii donee of heavy sales of lard and fat stocks for foreign accounts. Chicago Grain Table —May 9 WHEAT— Pr-v. Up, n. Hurh boy Clone. close May.. 1.17% 1 ls% 117 1.18% 1.17% July.. 1 17% 1 is l 16% 1.18 1 17 % ■Sept. 116 1.16% 1.15% 1.16*4 116 CORN— May.. 78% .78*. 78*4 .78% 78% 79% .:•-% 79% 78% • Sept .7 8% 70% .78% 79% .78 % OATS— Mjv .43% 43% 43% .43% .43% July. U 41 *4 .43% 44% 41% , Sept 43*. .45*. 43". .43*. .42*. 1 LARD — May. 10.65 10.80 10 6.5 10 80 10 57 July. 10 87 10.97 10 83 10 97 10 75 Sep! 11 03 11 30 11 03 It 17 UOO RIBS—- • Maj 8 80 8.65 July' 803 !05 92 905 aS7 Sept 920 925 917 925 910 | RYE— May .76% .77 7% 76% 76*4 July. .73% .85 78% .80 7H •&ept .79% •Nominal. CHICAGO. Mao' 9—lVim*'* receipt* Wheat 512 0681. again.* 1,143 000 <om. 378 000. .itainn 1.153.000. oftte. 413 000. aramst 69,1.000. Shipment* Wheat 603.- ; 000. against 1049.000; eorn. 1.168.(8)0. agatrM ; :*2 000; oats. 7203,00. against 1,183.000. CHICAGO. Mar 9 --Car >nt rw-eipt* Wheat. 43 com. 37. oat*. 81. rye. 3. barley. 10. CHICAGO. May 9.—Corn—No 3 yellow 81*4 % 81 %c No. 2 mixed. 81'u81’ a e. No 3 SO*, a 80%c: No. 1 white, si %.■; No. 2. 81% iff 81 %e. Oat*—No. 3 white. 44 % H 45,'; No 4. 45,' Barley—6s®6“ Kye—- . 77% '■,177%,'. Timothy—ss®6.so. Clover ; —sl2 ® 17. Grain Briefs CHICAGO. May 9 —The wheat market i* undergoing a revision that should have ■ taken place last August, a loadin* operator ! declared. A drop ot 35 per eent is reported in the Ukraine winter cereal acreage, attributed to defideno' of seed gTain. The winter wheat crop here ha* been jeopaisbzed by unseasonable cold weather rnd snows over the Northwest and central western States Whiio exporters have been lanrer buyers of rye, they have had no difficulty in securing all the grain they need Soaking rains of from one to three inehes throughout western Kansas last week have | put the soil in the beet condition so far | tlds spring.

Local Hay Market Loose hay—Sl9®2o: bales. 518 @ 20; i heavy mixed hay, slß® 19; light mixed hay, islß®2o. Corn —90®95e. Oats, 60®65c. Local Wagon Wheat Local mills are paying $1.23 for No. 2 red wheat. Dividends Today NEW YORK, May 9.—Dividend an- ! nouncements today include: Standard Oil of Kansas—Regular quarteri ly 50c dividend, payable June 15 to stock j of rec ord May 31. California Pete—Regular quarterly $3.75 I dividend on common, payable Juno 1 to ; stock record May 21. and $1.75 on preferred. ; payable July 2 to stock of reeoid June 20. Elkliom Coal—7sc on preferred, payable Juno 11 to Btock of record Juno 1. Standard Oil of Nebraska—Regular semiannual $5 dividend, payable June 20 to stock of record May 10. Raw Sugar Market By Vnitcd t inattrial NEW YORK, May 9.—The Revere Sugar Refining Company reduced sugar 35 points on hards and softs to 9.00 c. Tins price is about the level quoted by other refiners. Raw sugar opened higher. July. 6 36® 0.38 c; August. 6.37®6.38c: September 640 @6.42e: December, [email protected]; March, 4.7bc bid. Swimming School Grows Attendance at the Y. M. C. A. free swimming school for boys between 12 and 18 has grown to 746. it was reported today. Registrations will be accepted today and Thursday. Classes for school boys at 3:20 p. m. and emi ployed boys at 7:20 p. m. will continue | until they ali know how to swim. Stuart Walker to Be Guest Stuart Walker will be the guest of [ honor at a reception Friday afternoon I in the sculpture court of the Art In- [ stitute by the Drama League of America, Indianapolis centet

r 1 :45 Prev. High. Low. o. m. close. Oils—— Cal. Petrol... 86 84% 85*#. 85 Cosden 48 46 % 47 V 46 % Houston Oil. 54% .... 54 53 Marland Oil. 46 45 45% 44% Pan-Atn. Pete. 71% 70% 71% 70% Pan-A. P. (B) 67% 66% 67% 66% Pac. Oil 37% 37% 37% 36% Phillips Pete 54% .... 53V, 63 Pro. A Ref... 46% 45 45% 44% Pure Oil .... 26 % 25% 26% 62% 8. 011 of Cal. 54 . . . . 53% 53% St O of N.J. 37 % 37% 37% 37 Sinclair ... 31% 30% 31% 30% Texas Cos ..46% 46% 46% 46% Industrials— Allied Chem . 70% 69% 70 69% Amer. Can 4 90% 89 90% 88% Amer Ice 96 % 96 Am. Woolen .94% ... 94% 93% Cocoa Cola 75% 75 Comp & Tab 75 74% Cluett & Teb 66 % ... Cont. Can .. 45 % 45% 45% 45% Gen. Asphalt. 40% 39% 4040% Inter Paper .44 ... 44 43% Inter. Harv 86 % 86 M. and W... 22% 22 22 % 21% Owen Bottle. 43% 42% 43 42% Sears-Roe ..83 ... 83 82% Stert. Prod. 59 58% 59 68% U S Ind A!.. 58% 57 58 67 Woolworth ..219% 218% 218% Am T and T. 122% 122% 122% 122% Con Gas .... 63% 62% 63% 62% Col Gas . .104% 103% 104% 103% People's Gas. .. ... 89% 90 Shipping— Am Int Corp. 28 26% 28 ... Atl Gulf .. 20 19% 20 19% Int M M pfd 33 % 32 33 31 % Pods— Amer Sugar. 76% 76% 76% 76 Am Bt Sug. . 41 40% 41 39% Com Prod. .132% 129% 132% 129% Cu Cn Su pfd 65% 63% 55% 54 Ctl-Ara Sug.. 33% 33% 33% 32% Funta Alegre 63% 63% 63% 62% Tobaccos— Am Tob Cos 152% 151** Tob Prod... 80 % 79 % 80 % 80 %

Business News WILMINGTON. DeJ., May 9—Albert Brunker. head of the Liquid Carbonic Compary of Chicago, and George R Marland of Ponca City. Okla . were elected to the board of directors of the Marland Oil Company. Brunker sutveeds Georgs It Marsh, deceased, and Marland take., the place of H. C. Ogden, resigned. NFW YORK—According to Railway Age, railroad equipment buying during April consisted of 152 locomotive*. 9,744 freight cars and 18.3 passenger coaches April purchases wore the smallest recorded for any 1923 month, and compare to 514 engines 34.514 freight and 291 paaaenger cars ordered in March. NEW YORK—Production of steel ingot# in April by the thirty companies which produced 87’, per <ent of the total output in 1921. was 3.321.278 tons, as compared to 3,402.007 tons In March, according to Iron and Steel Institute figures. Daily production in Arri! exceeded that of March, the figure* being 110.709 tons, as compared to 109,742 tons m March Basel on these figure*, the estimated production for the Na tton in April was approximately 3.705.000 tons, as against 3,888.000 tons in March. NEW TORE—AII dir,•'■tors es Cerre dePasco Cooper were re-elected at the annual meeting of stockholder* WASHINGTON—TotaI revenue freight car loadings for the week ending April 28 were 963.694 car*, according tc the American Railway Association This established a new season record and wa* the highest loading record for any week sitne last November. Incidentally, it ts v. .thin 5 per cent of the largest week in history, which end'd Oct. 14. 1920. NEW YORK—American Refiner* sold 10,000 tons of refined sugar to Italy Italian buyers are ( n the market for approximately 1 56,000 tors Additional Italy's readiness to buy is attributed to the removal of the Italian import duty on sugar NE WYORK—Vice lYe-tdent Gifford of ,h American Telephone and {l e.egraph Company denied a statement tn morning papers that the Illinois Itei! Telephone Company ha* arranged for an issnte of bonds. He stud no issue had Ixs-n authorize,! CURB STOCKS DISPLAY ABILITY TO COME BACK Oils and a Few Industrials Held ( enter of Trading. }',\i I nitcd Financial NEW YORK, May 9—For the first tini° in week* the curb market today moved forward confidently to higher prices, forcing tho bears to retreat for the time being. Oils and a few industrials heirl the center of trading:, pains ranging from substantial fractions to three and four points. Standard of Kentucky gained one point. Oulf Oil advanced to 58% after opening to 67**, Standard of. New York was up % at 41 % and Maracaibo jumped from 21%. to 2.3%. Durant Motors staged a sharp rally [from 46% to 4',*j after manv days of I sapping:. Dubl!r Condenser advanced I from O’# to 9%. (Hen Alden Coal, another point of attack for many days, came back strong. jumping from to 74 Indianapolis Stocks —Slay 9 Am Central Life 200 ... Am Creoaottng Cos pfd 98 ... Adv Rumely Cos com ... 1 Adv Rumely Cos pfd Belt It R com 66% 71 Bolt R R pfd 63 Ontury Bldg Cos pfd 98 Cltlas Sorrier com 158% J6l Cll.ie* Service Cos pfd 68 61*% Citizens Gaa Cos com 25% 27 Citizens Gas Cos pfd 98 % ... Dodge Mfg Cos pfd ... 1 Ind Hotel com IDO . . . Iml Hotel pfd 100 ... 1 Ind Nat Life Ins Cos 7 Ind Pipe Line Cos 95 98% ;Ind Title Guaranty Cos 70 80 | Indpls Abattoir pfd 45 60 I Indpls A Noth western pfd .40 . ! Indpls & Southwestern pfd... 60 j Indpls St Ry 65 67 Indpls Telephone Cos c0m.... 1 Indpls Telephone Cos pfd 90 Indpls Water Cos 102 104% Mer Pub Cos pfd 85 Nat Motor Car Cos 1 8 Public Savings Ins 13 ... Rauh Fertilizer pfd 50 l Standard Oil Cos of Ind 60% 62 I Sterling Firo Ins Cos 8% ... T H I & E com 3 6 IT H I ft E pfd 33% 15% T H T * Lt Cos pfd 93 97% Union Trac of Ind com 3 5 Union Tr of Ind Ist pfd.... 34 44 Union Tr of Ind 2d pfu 7% 9% Van Camp Prod Ist pfd 96% 300 Van Camp Prod 2d. pfd 300 Vandalia Coal Cos com 2% 5 Vandalia Coal Cos pfd 14 17% [Wabash Ry Cos com 8% 10 Wabash Ry Cos pfd 27% 29 Bonds i Belt R R & S Y 4s, Mar.. '39. 81 % j Broad Ripple ss. 43 66 69 % ]Citizens Gas ss. July. '43... 8.5% 87% | Citizens Gas 7s. serial tOO . . . iCit St It It ss. May, 33 84 85% ilnd Coke & Gas 6s 90 93 | Ind Hotel ss. July, 31 97 ... j Ind Hotel Cos 2d 6s. draw'able. 100 . . . Ind North ss. Oct.. 83. 42 ... Ilnd R R & Lt ss. Jan., 43. . . 89*4 94 | Ind UTr ss. July. 33 44% . Indpls Ah Cos 7%5. Sept.. 81.100% 103 Ind Col A So 6s. Feb.. '48... 97 300 Indpls Gas ss. Oct.. 42 86 89 Indpls Lt AHt ss. April. 40. 94% 9;>% ! Indpls A Martinsvtlle 5s 61 64 ilnilpls North ss. July. 32.... 53 56 Indpls A N W ss, Mar., 32.. 52% 50 Indpls A S E 5s 40 Indpls Shelbyvllle A S E 55.. 52% 5, [lndpls St Ry 4s 63% 66% .Indpls Tr A Term os. Jan.. 88 88 90 ! Indpls TT R R ss. Jan.. '65. .. 9.5 Indpls TT R R 4%5. May. '2O. 95% ... Indpls Water ss. July. ’36. -90 100 [ indpls Water 4%5, Jan., '4O. S.> 88 ! Kokomo MA W ss. July. '38.104% 10.5 j So Ind Power 6s. Jan, ‘3l. ..101 T H I A E ss, April. ’45 71 74 iU Tr of Ind 6s. '32 71 75 Sales SI,OOO Indpls St Ry 4s 4% SI 000 Indpls St Ry 4s 64% SI.OO Indpls St Ry 4s 4 SB,OOO Indpls St. Ry 4s 63%

In the Cotton Market flu T'nited Financial NEW YORK. May 9.—Cotton opened Irregular. May, 25.70, off 10 points: July. 24 65c. up 2 points: October. 23.20, up 3 points. Dressed Beef Prices Wholesale selling prices of dressed beef. Swift 4 Cos.: Ribs—No. 2,18 c; No. 8. 14c. Loins—No. 2,24 c: No. 3.30 e. Bounds— No. 2,17 c: No. 3,14 c. Chucks—No, 2,12 c; No. 3. lc. Plates —No. 2,8 c; No. 3. 7.

THE liNJJiANAEOLiJS TIMES

ALL CLASSES OF HOGS SELL AT S8 / Few Sales Recorded Below — Market 10 Cents Lower, ✓ Hog Prices Day by Day May 250 300 lbs. 200-235 lbs. ISO ISO lbs. 3. 8 20'((. 8.25 8.20® 8.25 8 25® 8.30 4. 8.20® 8.25 8.20® 8.25 8.25® 8.30 5. 830® 8.35 8.30® 8.35 8.35(5 8.40 7. 8.15® 8.20 8.20® 8.35 8.25® 830 8. B.oo® 8.05 8.05® 8.10 B.lo® 8.15 9. 7.90® 7.95 7.95® 8.00 8.00 With the exception of a few j scattered bunches, hops sold at a flat price of $8 at the local livestock exchange today. At this figure the market was generally 10 cents lower. A few hogs sold a nickel under that figure, but the number was trivial. Tho $8 price included choice selected lights, light and heavy mixed and some hogs weighing up to 275 pounds. Traders In the yard remarked lt had been months since hogs had sold with so little distinction between grades, as selected lights have been at quite a premium for months. Altogether 7,500 hogs were marketed, including 524 holdovers. The cattle market was active at steady quotations, duo to a good local and shipping demand. Hnndyweight steers and choice light heifers were in good demand. Receipts 1.000. The calf market opened steady with Monday's close, choice vealers bringing a top of $10.50 while the bulk soli, from $0 to sloi Receipts, 500. The sheep and lamb market was active and steady on receipts of 50. Some spring lambs managed to bring sls while ewes sold from $6 down. —Hog#— 150 to 200 lb* $ 8 OO Medium 7 Ps<a R 00 Heavy 7.90® 7.95 Top 8 00 Pigs 6 75® 7 25 Packing sow# 6.75® 6.25 —f a 111 e Few choice Mocr# $ 8.75® 9.25 Prime corn-fed *p-,t*. 1,000 to 1,300 lh 8.60® 9 03 Good to choice steers. 1,000 to 1,800 lbs B.oo® 8.50 Good to choice steers, 1,000 to 1.200 lbs 7.00® 7.75 Good to choice steers, 1.000 to 1.700 lbs 7.25® 7 50 Common to medium steers. 800 to 1,444 lbs 5.75® 0 75 —Cow sand Heifers— Choice light heifers $ B.oo® 9 25 Good light heifers ' 7.00® 873 Medium heifers 6.00® 7.25 Common flifer* 5.00® 6 oo Good to choice butcher bulis 4.00® 4 25 Fair cows 4.00®. 5 00 Cutters 2.75® 3.25 Calmer* 2.25® 2.60 —Bull*— Fancy butcher bulls . $ 5 00® 550 Good to ohoicn butcher bubs. . 4 00® 4 25 Bologna bulls 3.75® 450 —Calves— Choice veals $ 9 50® 10 50 Good veals B.oo® 9.50 Medium ye.als R.oof.£ 9.00 Lightweight veals 7 50® 800 Heavyweight veals 7.n0 a 7.50 Common heavlee 6 on ;{ 7.00 Top loop Sheep and Lambs— Culls ... $7 75® 375 Good to choice ewe* s,On® 6.50 Few choice lambs 12.00® 15.00 Heavy lambs It) 00® 12 no Cull lambs • of, Bucks 3.00 Other Livestock Bu T'riitrt! Financial CHICAGO. May o—Tins*—R/v*vpt 27,000. market, nto*<sjr to 100 l< wor than T and * <!ays arfnifff. top, ?T Ho bu'k. 10> 210 pi.und av* rniff*. V 7ft 7HO 2 72."* pound hutchfT* 506(7 70; p.vkinff ) in **t’v $0 Ift 4" hulk .I<**lrabio 1 10*130. Tn ;n f l pit*. $0 2.V {. ofo Catt> R*vv*tpt. 0.000; markrt N***f * nn<l hutohfr* ami •fh* frtook. Mr-D.e to I.V h’jrtv'r #pot* up morf> on h*'!?*'! - * r-arly top rnatun-d Htorr*. *lO 3.V blrl *lO 40 o n rhot.v >!tnouri tw-t yoariinK* ?10 > hk NW anl vear’.tnfrM JSftOiPSft oth^r ntf'-aiy U* x ipt-*. 10.000, market. fat larah* trn: k to 2ft-' higher fWM bf§t C*loralo wnoled lambs to city hnt-*hf*r*4 shippers ?]ft.*4ft; }-* t. f'itppr.l !.,mb 91,3.7 ft; bulk clipped. ?1 3 ftOi.f 1 3.7 ft. footl and * holtv* 12H-pound ew<i. $2. C AST HT'FKA 1.0, May p —Cattlec+\i>u%. 17ft market aotC *' hir ptngr ft()0 ftn tnt4*hor krinV**, •*'’ 2ft K7ft. ivtwM. $ ! ’O'JT. t lives K 4 100; n.vUot ftrtlYfV r*ul’ l l to rhoi.*s, ar;'l ;%rrh% mvko j-’Mvp. Hts iflv, -h4i.so lamtxM. 113 \t 14 mil to nhnlfn ul-- 50 v-itrl'nir** <t til -h.H'P >:no 2ft Ho** Urwipt* 4 ROO inarkr t *'o-v !ow*r Yc*rk*r% 7ft H 40 pUr* 50. 2ft tl H 4“ h**.nvlf# f rt S2 ft romhi, Vso^?o. <U ft PPTTSnrRGH. May o— Cnt%\*~ liirht; roarkrt, ukadj diolw, $0 root! 75ft 0 2ft . fair. £7'ct S ; xm] f.-ilve*. fl 0/fj 1 o .50. Sh fp nn*l lamb* Rcff*lpt#, liirht; market htouly primn w**thrrs. ST.Hft (tt 8 • goo*l. ?7 25 <sft 7.75, fair mixfHl f*l '•% 7 ; lamb*. •1 2 7ft it 1 3.2 ft. Hofr—Receipts. .30 floubl* market, lo\s*r pritno heavy. S? IKi ft b . mMltumn. SM 3ft Vf.rU*r* 3ft 4O; light Vorkrni. 57.50 H. pig* $7. roughs. 95.50® fl. etagw, $.1.50 4 50. FAST BT. LOr[3. May o—CattT* no<**lpt**. 2.200; market, steady; native beef '7 Oft At B.ftn . yearling* mid lielfi rji, ft 7 Oft <ii S 2ft. row . 55 7ft p.O 7 ft; manners and cutters $7 7.> fir ft ftO. calves, 25 Hogs —Hcvoipta. 18.000; market. 20.* lower; heavy. v 7.3ft'p? fts medium. $7.40 'll 7.00; 11 jrf1 1m, $7. 7.00; liirht lights. 55; paektiiir sows, "ft7s 0. pys. Bft ‘>l: 7: hulk. s7.fto fit T.ftft. Sheep--Receiptsoo; market, i toady; ewes. cajinera and cutters, wool lambs, $11.25^13. CINCINNATI. May o.—Cattle—Recripta, 500; market steady, strong: shippers. 0.25. Calves-—M.arket steady. 500 higher; extras. market weak; good or choice packers, $s 20. Sheet) —Receipts. 400; market steady; extras. 96<37.50. Lambs —Market slow; fair to good. sl4(tsls. CLEVELAND, May o.—Hors- —Receipts, 3.500; market stea/ly; Yorker*. $8.25; mixed, $8 25; medium, 98.25; pigs. $7; roughs, $0.25; stags. $4 25 Caittle—lb' oeipts. 250; market steady, unchanged Sheep and lambs—Receipts, 80<); market strong top, $13.60. Calve#—Receipts. 400; nurket 50c higher; top. sl2.

ORGANIZE PARISH COUNCIL Rev. Elmer Hitter Named Moderator of Newly Formed Body. The Rev. Elmer Ritter of SS. Peter: and Paul Cathedral lias been eleeted moderator of the newly organized, SS. Peter and Paul parish council of! the National Council of Catholic Men. I Other officers: President, William ,T. I Mooney Sr.; vice president, Thomas D. McGee; secretary, Joseph A. Naughton; treasurer, Joseph A. McGowan, I and delegates to the district council, | William L. O’Connor and Albert G. j Feeney. The council will direct considerable! attention to naturalization of foreign-! born Catholics. DRIVE DATE IS SET Butler Students to Raise Money for School. The Butler University student endowment drive will open May 10, which will he known as Loyalty day. The committee of twenty-nine students in charge of the drive hope to obtain subscriptions averaging SIOO a student. Enrollment is 908. The committee held a meeting at the Canteen Tuesday night, at which more than $3,000 was pledged. Dogs have been banned as draught animals in England since 1854.

SCHOOL OFFICIALS TO INVESTIGATE MISDEEDS Four Youths Hold as Members of Alleged “trim© Ring.” By Times Special SOUTH BEND, Ind., May 9—A meeting of the board of school trustees to investigate alleged immoral conditions in the South Bend high school, will be held this week. Arrangements will be made to conduct a complete investigation of alleged auto thefts and bootlegging. Police are hunting for two more boys who are members of the alleged “crime ring.” Four are already under arrest. They are Huel Holloway, Oscar Johnson, John Hartman, and Samuel Gross. Frank E.’Coughlin, prosecutor, will push the cases to let the fate of those boys be a lesson to other possible offenders, he said. MANY SUICIDES IN CALIFORNIA Statistics Show Increase in Violent Deaths. SACRAMENTO, Cal., May 9.—lmpelled in the majority of cases by sickness or poverty, a total of 923 men and women in California took their own lives during 1922, according to an analysis of* violent deaths made public by B. E. Ross, head of the State bureau of vital statistics. Os the suicides reported tn the State bureau, 746 were men and IS3 women. la)H Angeles reported the greatest number of suicides, Ross’s report shows. A total of 191 people ended their lives in that. city. San Francisco was second with 162. and Sacramento reported 27. Official reports of sin vines during the year show that 356 people were murdered, 304 of this number being shot to death. Deaths from drowning during the year totaled 341; accident shooting claimed 108 lives, and 552 people met death as the result of falls. The State report indicates that the '• death toll of Urea f>>r tho year reached fifty-three. Sixteen deaths were reported from starvation or thirst. Marriage Licenses I. S HfnfW*on. 30. Moorenvillrt. Ind.; JviyHif D’sh-'r. Ml. t Apt* O W 1 ur?'*r. 10, 218 ft Km wood; Amanda Moore. 39. 008 Fayette Births Boy. John and Ro*.x Mobley. 1143 Holliday. Edward and Mary (ft>x 008 N Sheffield. Walter and Ad<n* Fultr. 20ft N Mount. Madison and Mertio Hhillip*. 1115 N. Kinff. Barnard and HMirepeth. city howpita' Ralph and Wanda Frnstermaker. 146 E Forty Fourth. dlbort and Zelma Ammcrman. 2851 M- - rher*o:i Earneet and May Hicks. 1058 N Tr**mont Jo*f*ph and Marie O’Neill. 2004 E Seven teenth Alfred fljid Rndxers. d<2 N Noble. Orisoii and Sahar.ih Smith. 2106 S. State. (#lrl Cft-nnelly and Flecher. 2420 IVarborn. Kiirorw and Martha Adam*. 1400 Saulcy. and Kthc! r.a-vy. 1528 Kelley K:ton and Sldenetick. 2003 K . .* - . ar. anti '/>’’■* Adam*. 2800 Rader Wt is and Op.v! i'ott’e. city h •pttal Chaiie-4 ami Ruth R> U. 1220 N State Deaths M.sn* Mnrtha t'lunmiiis. 8, 449 GooJlft. .’U! d.latic 10:1 nf ' .-.irt i’hii-b’ Miller Ontral Iniltvnx Ho, pital. lobar pneumoiua viary J,. Garslan*. 74, 2066 N Delaware, artertosclerosi*. • tins lto.i l*. 76. city hospital, chronic interstitial nephritis. AJdiaon Gaeaway. 73. 973 Indiana, ceriv bral hemorrti a*r>-. Maude May Moore. 46, Ixir.i hospital. carcinoma Cleo Starr Parrott. 15, 401 West 25th. pulmlrary tuta rctilosle. Edward E. Nels*n, 63, 63 N Hamilton. carcinoma .lame* B Bennett. 67, 615 Buchanan, lobar pneumonia. Charles LaVel. 32. etty hosptta.. lobar pneumonia Lila L. Robinson, 62. 709 Day. apoplexy. Emma Cooke. 46, 612 3. Holmes, carcinoma John Neid. 68, 1116 Knox, pulmonary tuberculosis. David If Colwell, 76. 623 East Ohio* chronic myocarditis. Robert T. Copenharer, 78. 1223 N Bhctflcld. tuberculosis Building Permits A Ij. Martin, reroof, 740 Roach 5380. George W. Mitcholl. furnace. 15-47 (3arfleld. 5-400 (’. M. SllUlnger, repair. 429 Oxford, 5475. C. A fenny. icnra*’'. ,324 N. Tacoma. 8220 H. A Glover, additton, 122 E. FortyFourth. 5250 James Pender, double. 243-4 Shrtver. f!*no. Emily Johnson, R.iraue, 2943 W. Washington. 5200. William B. Foltz, dwelling:. 57 Ridyreview. $5,000. H N. Fu'ton, dwelling, 2334 I’srls $2,500. Mario Albkcr. addition, 1303 E. Vermont. 5900. Builders Construction Company, dwelling. Golden Hill Dr. $17,000. Marion County Realty Company, dwelling, 3 343 Olnev, $3,800. P R. Lamtmr, dwelling, 616 E FortyEighth. SO,OOO. lteaty Fntanen and Building Company, garage. 3905 Park, S3OO.

it rally Finance and Building Company, double, 5148 E. Washington. $8,500. Bertha B. Clark, dwelling. 3524 Guilford, $6,000. if. S. Corrugated Fiber Box Company, smoko consumer. Martlndalo and Roosevelt, $l5O. Marion County Construction Company, smoke consumer. 1600 8. West, $225. John A. Sehumaekor and Company, smoke consumer. 815 E. St. Clair. $450. P. J. Myers, garage. 3631 E. Washington. $4 00. C. 11. Klalsler, addition. Forest and Michigan. SO,OOO. Campbell Oil Company, station. 4133 E. Sixteenth. $350. D P. Easley,' addition. 1201 Linden. SI,OOO. O. T. Draper, garage. 4033 Carrollton, $250. C. Olsen, dwelling. 837 Rller. 74.900. C. Olsen, dwelling, 821 N. Bancroft. $4,000. C. E. Smith, dwelling. 925 E. ThirtySixth, $4,500. L. C. Anderson, addition, 2606 B. Washington, S6OO. Mattie Jay. dwelling, 41 N. Brookville, SB,OOO. C. K. Earnest, garage, 736 Fletcher. $430. Western Oil Refining Company, wreck. 3002 N. Capitol. S2OO. Western Oil Kenning Company, gas tank. 3002 N. Capitol, S3OO. Western Oil Refining Company, station. 3002 N. Capitol, $2,600. Julius Newmerkle. garage, 2546 N. Delaware. S3OO. Harry F. Reiman, rcroof, 729 E. Morris S3OO. J M. Milner, dwelling, 145 Hampton Dr.. $10,500. F. P. Reynolds, building, Thirty-Fourth ami Central. $12,000 Henry & Robins Real Estate Company, dwelling. 843 Teiuimsch. $3,200. Frank Hllgemeyer * Bros., smoke consumer. 610 W. Raymond. SBO. Neid Funeral Thursday. John Neid, who died at the home of his brother, Thomas Neid, 1116 Knox St.. Monday, will be buried in Crown Jlill Cemetery following services at his brother's residence at 1:30 p. m. Thursday. He is survived by his brother and three sisters: Mrs. Henry Weisnaar, Mrs. Christian Weishaar, Mrs. John Wagner and Mrs. Charles Warnburg, all of Indianapolis.

GIGANIIC BOOZE SWINDLE BARED Sweeping Indictments Returned in West Virginia. By United Press WHEELING, W. Va., May 9. —Additional arrests were made today in connection with eighty-seven Federal indictments charging officials and prominent residents of Ohio County with conspiracy to violate the Volstead act. The indictments, returned secretly, constitute the most sweeping action ever taken against liquor law violators in West Virginia. Cecil R. Kearns, former Columbus (Ohio) druggist, now serving a term in Atlanta penitentiary, is charged with engineering a huge swindle involving the purchase of $2,000,000 worth of grain alcohol. * * GARBAGE UNCOLLECTED BECAUSE OF CONTAINERS City System Handicapped In Some Sanitary Districts. More than half of the garbage is being left uncollected because it is not in proper containers, Truly Nolen, superintendent of sanitation, said today. He stated that since the summer collection schedule had started the department had this trouble, and often from 8.000 to 10,000 cans of garbage were left uncollected. Nolen said that no garbage will be taken unless It is put in a metal container, which must have a handle and lid. QUEEN MAY SUMMONED TO DEFEND BENJAMIN Witness Testified “King" Was “Vamped” From First Wife. By United Press ST. JOSEPH. Mich., May 9. ‘■Queen" Mary Purnell was summoned to appear before the House of David Investigation today and defend her husband ‘'King” Benjamin. "Queen” Mary is to appear and face Mrs. Hazel May Wuerth, who charges she "vamped” Benjamin away from his first wife and the “seventh son of God,” as Benjamin is called, indulged in immoral practices with young girls. NIED FUNERAL THURSDAY Local Resident Will IP' Buried In Crown Hill. John Nicd, 68. who died Monday night at the home of his brother. Thomas Nied, 1116 Knox St., will be buried Thursday atfernoon in Grown Hill cemetery'. The Rev. t'harles Rose, of the Met Jhitisvli’e M. E. Church will conduct services at 1:30 p. in. tit the home. Mr. Nied was born in Erie, Pennsylvania. , He Is survived by four sisters. Mrs. Henry Mrs Chris Welshn.ir, Mrs t’harles Wagner and Mrs. Charles Warnburg. and one brother, Thomas Nied.

FATAL MISTAKE MADE Fanner Pours Gasoline Into Auto Tank as Engine Runs. By Times Special HARTFORD CITY'. Ind.. May 9. Henry C. Anderson, 59, wealthy farmer, died today of burns received Tuesday night when a can of gasoline exploded He was preparing to pour tho gasoline tn his auto, which ho left running. He is survived by the widow and three children. AD MEN CHARTER TRAIN Delegates to Atlantic City Convention Will Go In Style. A special train will leave Indianapolis over the Pennsylvania line June 2 for the national convention of the Advertising Club In Atlantic City. Edward W. Hunter, secretary of the Indianapolis club, announces. Indianapolis and other Indiana delegates will take this train. MISSIONARY WORK TOLD Report Made at Conference in United Bret hem Church. Reports of secretaries of various departments were made this afternoon at the annual Women's Missionary Association meeting of the White River Conference at the First Church, United Brethern in Chris $ The conference closes Thursday. Among addresses scheduled for tonight is one by the Rev. G. T. Rosselot, returned missionary from Africa.

A Home Investment Is Most Satisfactory Investing should begin at home —in your own section. It is there you know the underlying conditions; you have confidence in thent or you would not live there. Nothing could bo more intimately associated with your own community than the Central Indiana Power Cos., which furnishes light and power to your neighbors in 103 commu nlties in 25 counties in the most prosperous part of Indiana. Keep your money where you can see it. This is your opportunity. Par Value, SIOO. Price now, $92.50. Net Return Better Thar. 7.50%. This stock is being sold by the companies named below and their employes. Ask any member or employe for particulars. Let them explain to you in detail the value of this investment. CENTRAL INDIANA POWER CO. 2 W. Washington St. Owning and Operating MAin 1127. Merchants Heat & Light Cos. Wabash Valley Electric Cos. Northern Indiana Power Cos. Putnam Electric Cos. Valparaiso Lighting Cos. Cayuga Electric Cos. Indiana Electric Corporation

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A SAFE HOME INVESTMENT

HOSPITAL BUILDINGS TO BE DEDICATED SUNDAY Sunnyside SanP.orium Will Have 92 New Beds. Three new buildings at Sunnyside Sanatorium will be dedicated Sunday afternoon. The buildings, which have just been completed, consist of a two-story fireproof building, accommodating 44 beds for children, and two two-story buildings for adults, each with twen-ty-four beds. For the accommodation of guests special cars will be run by the Union Traction Company, leaving the depot at 2 p. m. Sunday. Special motor bus lines will be in operation. CASE AGAINST W. D. LONG CONTINUED UNTIL MAY 16 Local Resident Alleged to Have Driven Car Into City Ambulance. Case of W. D. Dong, 51, of 3360 N. Meridian St., charged with driving his car into a city ambulance and turning it over at Delaware and North Sts., a month ago, was continued until May 16 today in city court. Dong was taken into court on order of Judge Delbert O. Wilmeth when he failed to appear when his case was called Tuesday afternoon. Wilmeth today said the action Tuesday was due to a "misunderstanding.” Dong was released again on his own recognizance. RICHMOND PLOW FIRM ORDERED TO PAY $5,275 Court Awards Judgment cn Patents for Vehicle Spring Leaves. Judgment of $5,275.75 against the Jenkins Vulcan Spring Company of Richmond was awarded to Ernest J. Gueufal of Harrisburg, Pa.; Charles A. Chevraux of Massilon, 0., and William M. Mitchell of Santa Barbara, Cal., by a jury in Federal Court today. Th case grew out of a contract to purchase patents owned by the plaintiffs for a machine to manufacture spring leaves for vehicles. The contract set a price of SFO.OOO. Witnesses testified that only $5,000 of this amount was paid by the defendant. GUARDSMEN RECRUITED Machine Gunners Open Office at 36 E. Washington. Company p, (machine gun.) 151st Infantry. Indiana National Guard, has opened a recruiting station at 36 E. Washington St., where there is an exhibit showing a replica of the Hlndenburg front line trenches at zero hour, together with official U. 8. photographs of the war and a collection of war relics. Men joining the company will be sent to Camp Knox this summer for t two weeks' encampment. The company drills one e\enlng a week, the n.cn receiving both Federal and State pay for the drills. Acessory Firm Formed Articles of incorporation of the Hatiig Manufacturing Company of Indianapolis, organized to manufacture and sell automobile accessories, were filed with the secretary of State today. The capital is $50,000, all common stock. Incorporators are Edward H. Ilablg, Katherine E. Habig and Edward J. Herrmann.

IASD l ASD LIBERTY BONDS! Newton SELL; LEMCKE BUILDING j *odu r|| I enthiMtMcicarir praised wherever it is used, (0 f rl& ItS rciv " ty a FP earance Hal met with uiii. m You will be delighted with its richaeasol con* [f* r and with the effw'b ft i pwtb!eto DLJ B=s produce from the wide range of colorings in r" T which thu material is made. t I * There uan Orient dealer tn vuur vicinity, wh* “I I *'HP k* 10 g* ve further particular* Indianapolis | \\f Paint dC Color Company 1 INDIANAPOLIS, IND. ] I I 'Sve the surface

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DRIVE WORKERS ASK TO CONTINUE* RILEV CAMPAIGN Program Calls for Collections to Be Carried on Until Next Tuesday. Expressing their desire to “clean up the job,” leaders and workers of the campaign for the James Whitcomb Riley Hospital for Children have urged that it be continued throughout the city until next Tuesday at least. Tabulation today of reports made at a meeting of workers in the Chamber of Commerce Tuesday revealed that approximately $35,000 in additional pledges has been made. More than $25,000 was pledged by factory employes and it is expected that the sum will be doubled before the completion of the active campaign, it was announced to headquarters. More Factories Organized Between forty and fifty additional factories are now being organized for | the campaign and subscriptions and ■ pledges will mount considerably at the I next meeting of workers to be held I next Tuesday In the Chamber of Com--1 merce, it is said. Subscriptions announced today: ' Booths in bank and hotels. SIO.OOtM through tho Indianapolis Federation of Pa*i e it Teachers’ Association, SIO,OOO. through the Woman's Department Club. $1,465: employes of the Indianapolis News, $2,000; through the Tabernacle Presbyterian Church, $387: Northwood Christian Church. $245: employes of City Trust Company, $100: New Augusta citizens, $113: Mary N Walcott, Charleston. S. C.. $25. Employes of Vor.nezut Machinery Company. $693: Mr. and Mrs. Harvey Bates Jr., SSOO M. E Snhreeds, SSO: employes of Losey-Nash Motor Company, $706: Star Millinery Company, $120: Sinker-Daris Company. $200; Pettis Dry Goods Company, $3lO. ' barge Subscriptions Georg'S J. and Ella P. Marott. $2,000: Banner Furniture Company. SI,OOO- Indiana Beta Chapter. Delta Sijma Sorority. $500: Sells: Dry Goods Company. $250: Florence and Harry A. Schwankhous, $200; R. D. Syfers. S200: Mr aid Mrs. Joseph B Kea.l- - $200: Mr. and Mr* L. H. MeCalliater. O. .1 Conrad. Hatfield Electric Company, R. D. Rutherford Jr.. Callon Bros., William E. Barton, Mrs Caroline M. Fesler. Dr. Delbert 0. Kearby. E. C. Dolmetsch Cos.. Frank Powell. O Hearn, Strark and O'Hearn. SIOO eaeh: R. M. Reilly, $80: Clara and Emma Hatfield. S6O; Daniels, Inc.. Paul Ray Cos., Indiana Seed Cos.. Perry W. Lesh. V. H. Rothley, Klwood E. Harris W. S, Ballinger and Mrs. Edward A. Wiley. SSO each. P. O. Clerks to Elect Two delegates to the national convention of the National Federation of Post office Clerks will be elected at a meeting of the local branch of the federation at the Hotel Denison Sunday. Tho convention will be held at El Paso, Texas, beginning Dabor day. There axe twenty-four candidates for the two positions. Fined for Shoplifting Nora Brady, 40, of 272S Boulevard PI., was fined $3 end costs in city court today when she admitted theft of $3 worth of merchandise from downtown department store. J A Powerful System of Trading with no margin calls "again proves s lifesavex '' New York Stock Exchange Issues. Our Free Booklet shows you how' EBEL & COMPANY 20 Broad Street, New York.

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