Indianapolis Times, Volume 35, Number 3, Indianapolis, Marion County, 15 May 1923 — Page 11

TUESDAY. MAY 15, 1923

CONFIDENT TONE . IRKS OPENING EXCHANGE TRADE Monday's Substantial Recovery Causes Change of General Sentiment, LEADERS SCORE GAINS Dupont Shows Advance of Nearly 10 Points Over Last Week's Close, The WALL STREET JOURNAL Ry Vnited financial NEW YORK. May 15.—Stocks were strong in the opening dealings today, reflecting the improvement in sentiment resulting from Monday’s substantial recovery and California Pete reached new high ground, while Du Pont went to 136%, up nearly ten points from last week’s close. Pan American issues moved ahead in response to the publication of Mexican pPete 1922 report showing increased profits. First Hour Stocks continued to display a confident tone throughout the first hour with American Can reaching new high ground on the recovery, while other speculative leaders maintained the come-back scored in the previous session. Sentiment was encouraged by the survey of the National Association of Manufacturers showing a 50 per cent increase in production over 1923 with consumption equailnig or surpassing the present output. Second Hour Trading was quiet in the late morning and few features of speculative interest were in evidence at noon. _ Some renewal of selling pressure occured, but the volume of transactions diminished as the prices sold off, giving bears no encouragement to follow up their attacks. Floor traders reported a short interest In nearly every stock while borowing demand for many of the leaders was said to be especially heavy'. Noon Hour. Selling pressure was exerted against the industrial list in the noon dealings, creating considerable unsettlement in the market. However, oil stocks did not respond In any way to announcement of a reduction in Wyoming crude oil, neither did Sinclair show any effect of the news that Mammoth Oil had brought in a 10,000-barrel weil ►in the Tea Pot Dome. Fourth Hour Continuation of selling pressure brought to bear in the noon dealings caused sharp recessions in such issues as Studebaker and other speculative favoritOo, many of which were driven to new 1923 lows. In a great many instances all the recovery staged in the morning was wiped out, but *he action of the general mat kot was looked upon as a part of the curernt speculative program. Closing Hour. The reaction of stocks begun shortly after noon continued unabated until the close of the session. The activities were regarde das largely professional maneuvers, apparently engineered for the purpose of retiring short interests. But despite thyse efforts to force belated liquidation to facilitate covering, not a few signs of a definitely improved conditions were hung out. Local Bank Clearings Indianapolis ban?; <*.l arinps Tuesday s.'.B*2o.(JGo: bank debits were SC.b.*G,OOO. Foreign Exchange Ri/ Ignited Financial NEW YORK. May 15.—Foreign exchange closed steady: Sterling, demand. $4.62%. Francs, demand. 0.07 c Lire, demand. 4.85 r. Belgian, demand. 5.74 'jf. Marks. 43.478 to the dollar. Czetho. demand. 2.98 c. Swiss, demand. 18.3<\ Gni'ders. demand, 39.10 c. Pesetas, demand. 15.22 c. Sweden, demand, 20.63 c. Norway, demand. 16.32 c. Denmark, demand, 18.78 c.

Business News

NEW YORK. May 15.—Railway Are reports ordera for seventy-seven locomotives placed with the American Locomotive Company. sixty-six with the American Locomotive Company, ninety-nine with tho Baldwin Locomnti\o Comoany end two with the H. K. Porter Company. Eleven of the engines are switch engines the other being- Mikado. Pacific or mogul types for main line hauling Two ol the -witch engines were ordered by the Northern Railroad of Cuba In the same issue, purchase of thirty steel sleeping eirs by the Canadian National Railway is reported The Canadian Car and Foundry Company is to build the cars. WASHlNGTON—Representatives of several farmers organizations have applied to the Interstate commerce commission for ipwer freight rates on farm products. R A. Haste of the Montana farmer-- organization told the commis-ion that more than 50.000 small farmers had been driven out of Montana by del!;-ted farm products prices ooeurtng simultaneously with higher freight rates One hundred banks have closed their doors from this cause in the past two years, he said, and uifess •redtt- was extended. 100,000 people will leave the State and fifty more banks will c : ose within a year WASHINGTON—The Kentucky A- Indiana Terminal Railroad Company has app’ied to the interstate rommer-e commission for author- ty to float a $700,000 issue of first mortgage -1 1 j per cent gold bonds. NEW YORK—Through advantageous coal contracts, made at existing mine ~-a!e Quotations. the Erie Railroad will save §2.000.000 In Its coal bill this year as compared to 1902, according to the Wall Street Journal. Last year s coal bill was estimated at approximately 614,000.000. CHlCAGO—President Clarence Saunders of Pigsty Wiggly stores has called a special meeting of directors for Wednesday to consider sale of part of the company's stores. TOPEKA—Rains falling over eastern and central Kansas have been of untold value |to tho wheat crop, which is now In fine conBtltion. Cold weather is retarding corn "growth. WASHINGTON—The interstate .-ommeree commission ht authorized the Seretary of the Treasury' to pay 54.235.301 to the Southern Pacjfl. to .iose out its account with the Government under the transportation act guarantee. NEW YORK—C F Junod. vice president of the Bank of America on returning from a survey of the Mid-West, reported! that everywhere industrial conditions are satisfactory. but that in agricultural lines the "improvement is decidedly not so certain. The West Is being held back by the marked differential between prices on manufactured articles and farm products, with the result that '.many farms are being abandoned, ha said.

New York Stocks (By Thomson & McKinnon.)

Railroads— Prev. High. Dow. 1 ;45. close. Atchison 99 Ti 09% 09% 100 B& O 40% ... 48% 48% C& SW Ry. 79% ... 79 79% CK I & P.. 29% ... 28% 29% Del &. Hud.. 112% ... 111% 113% Gt North pfd . . ... 71 % 72 Til Central ..111 ... 11l 110% Lehigh Val. . 63 % ... 63 % 63 % L & N 90 ... 90 00 Vi X Y Central. 95% 94% 94% 95% NY NH & H IS ... 17 % 18 Vi North Pac. . . 73 ... 72 72 Pgh &WVa 48 % ... 47% 48% Pennsy 44 % ... 44 % 44 % Reading .... 75% ... 75 75% So Pacific... 90% 89% 89% 89% St Paul pfd.. 37% 37 37% 65% StL& SW... 31V* ... 31% 31V* Union Pac ..136% ... 135 136% Wabash pfd.. .. ... 28% 29 Rubbers— Kelly-Spg 50% 49% 49 Vi 49% U. S. Rubber 53% 51% 51% 52% F.quipments— Am. C. & Fd. 172 ... 172 168 Azner. Loco 136 134% 135 135% Bald Loco. 121*% 127% 127 Vi 129% Lima Loco.. . 65 % 64 % 65 66 % Pullman ....120 .... 120 120 West. Electric 55Vi .... 54% 55% Steels—• Bethlehem... 56 54% 54% 55% Crucible .... 69 % 68 Va 68 % 69 Gulf States 85 .... 83% 84% Midrale 28 27% 28 Replogle .... 20% 20Vi 20% 20% R. Iron A- 3. 51 % ... 50% 51% U. S. Steel.. 09% 98% 98% 99% Vanadium .. 33 % .... 32 % 33 Motors— Am. Bosch M. 42 % 41 Vi 42% 41% Chandler M. 63 ... 63 62% Gen. Motors. 10% 15% 15% 16 Max. M. tA> 49 48 48% Max. Mot. B 17 10% 10% Studebaker .114 111% 111% 113% Strombenr ... 71% 70 70 Stew. Warn. 88 84% 84 % 80 % Timken 41% 41 41% Minings— Tex. G & S. 62% 62 62% 62% Coppers— Am. Smelt... 58% 58 58% Anacouda .. 46 45 Vi 46 45 %

GRAINS DECLINE IN LATE TRADE Corn Steadies Toward Close on Kansas City Report, Ry Vnited financial CHICAGO, May 15. —Grain prices closed generally lower in trading on the Chicago Board of Trade today. A nervous undertone prevailed In wheat, that market, with the exception of May wheat, undergoing many rallies throughout the day. About 400,000 bushels were worked for export during the morning. Crop news continued mixed. Following frequent rallies, com steadied. Reports of increasing cash sales were received. Kansas City reported sate of number 2 yellow at SSc, 3c more than the last high mark. Better shipping demands and domestic sales aided oats. After an early advance, provisions steadied and at the close had retained most of the early advance. Chicago Grain Table —May 15 — WHEAT— Prev. Open. High. Low. Close, close. May. 1.18% 118 * 1.17% 1.18% IIS July. 115% 1.16 1.14% 115% 1.15% Sept. 114 s 114% 1.13 1 j 1.13% 113% CORN— May. .79 79 .77% .78% .78% July. .71* .79% .78 % 79 % .79 % Sept. .76% .78% .77% .78% .78 OATS— Mav. .42 43% .41% .42 41 % July. .42% .42% .41% .42% 42 Sept. 41% 41% 40% 41 .41 LARI,— May 10.77 10.85 10 77 10 85 10,0 July. 10.90 11 07 10.90 11.00 10 00 Sept 11.25 11 10 11.15 11.25 11 17 RIBS— . •m ay .... . .. . .. 8.80 80. i July.. 890 895 8.80 8.90 8.85 Sept.. 910 9.17 8.92 8.92 9.05 RYE— May.. .76 76V* .75% .76% -,4's July.. .78% .80 .78% .70% .77% CHICAGO. May 15.—Car lot receipt#: Wheit. 52; corn. 69; oat*. 100; rye. 3; barley. S.

Cash Grain

INDIANAPOLIS. May 15—Bids for car lot# of (Train and hay at tho oail of the Indianapolis Board of Trade were: Wheat—Through billed. No. 2 red, $1 24 ® 1.26. Com—Steady; No. 3 white. 76 0 770 No. 4 white. 75 0 700: No. 3 yellow, 75% ® 76%c; No. 4 yollow. 74%®75%c; No. 3 mixed. 74% t 75 Vic: No. 4 mixed. 73% ® 74 %c. <i.>ts—Steady No 2 white, 41%ff|43%>:: No. I white 41 'll 41 % <:. Hay—Firm; No 1 timothy, sl9® 19.50; No. 2 timothy, $18.50®19: No. 1 Hcht clover mixeel. $17.50® 18; No. 1 clover hay. sl7® 17.50. —ln s pecUons—■ Wheat—Sample. 1 car. Total. 1 car Corn—No. 2 white. 2 ears: No. 3 white, 1 ear; No. 2 yellow. 3 cars; No. 3 yellow, 1 car. Total, 7 car*. Oat*—No. 2 white, 7 cars. No. 3 white., 1 car: No. 4 white, 3 cars: sample mixed, 1 car. Total. 12 cars. Hay—No. 1 timothy. 1 car. Total, 1 car. Total receipts for the day. 21 cars. Grain prices quoted f. o. b. bases, 41 %c to New York. CHICAGO, May 15.—Corn—No. 1 yellow, 82c: No. 2,82 c: No. 3. 81 %<■: No. 2 mixed, SO c, ® 80% c; No. 3. 80® 80*4c: No. 2 white. 81 ®Bl %c. Oats—No 3 white, 43% (Si 44c: No. 4. 43%®43%r. Barley—ol ® 070. Rye—7o %c. Timothy—ss.so® 6.50. Clover —$12 ® 17.

Grain Briefs

CHICAGO. May 15.—With favorable weather prevailing, an increased wheat acreage is being sown in Saskatchewan and Alberta. The Manitoba acreage is a little short of last year. All choice wheat held in northwestern elevators with the exception of millers' holdings, lias been disposed of. Some medium grade*, however, are still available. Buyers in the United Kingdom markets are atii! inclined to hold oft and holders are offering at concessionary prices. Germany baa purchased large amounts of American rye during the past week. Local Hay Market Loose hay—sl9 ©2O: bales. $18©20: heavy mixed hay. slß© 10; light mixed hay. slß©2o. Com—9o ©9sc. Gats —50 ©osc. Local Wagon Wheat Local mills are paying 51.23 for No. 2 red vheat. Raw Sugar Market NEW VORK. May 15.—Raw sugar futures opened higher, July. 6.52 c asked; December. 5.69 c asked: March, 4 57© 4.90 e. The market for Cuban raws was Quiet and refined was moving slowly with some tendency on the part of buyers to hold up shipments already ordered. Tho drop in Canadian prices following the tariff reduction will bring agitation for similar action here, it is believed. In the Cotton Market Hu United Financial NEW VORK May 15—Cotton opened higher. May. 26.50. up 27: July. 25.30. up 33 September, 23.95, up 35; October. 23.20. up 20. Rickard Still Angling Hu United Press NEW YORK, May lo.—Tex Rick ard Is expected to sign Jess Willard and Luis Firpo to meet on June 30. Tom O’Rourke, matchmaker of the Polo Grounds, has offered Willard a bout with Dempsey on Labor day.

1:45 Prev. High. Low. c. m. close. Kennecott .. 38 % 38 38 Vi Utah Cop. . . 61 06% 07 Oils— Cal. Petrol. . 85 % 84 83 % Coaden 47 V* 46 Vi 46 % 47 % Houston Oil.. 57 55 50% Marland Oil. 46 45Vi 46% Pan A. P. A. 72% 70% 71% 76 Pan A. P. B. 67% 60’% 67% Pac. Oil 39% 39 38 Vi Phillips Pato 52% 51% 51% 52% Pro. & Ref.. 44% 44 44% Pure 0i1.... 25% 25 25 Vs S. Oil of Cat. 53 % 53% 63% S. Oil of N. J. 37% ... 37 Vi 37 % Sinclair 81 Vi 30% 30Vi 31% Texas C 0.... 46% .. . 46 45% Industrials— Allied Chem. 07V'* ... 60% 67Vi Amcr. Can.. 90% 94 94Vi 95% ArniT. lee... (18 .... 07Va 97 Am. Woolen. 92% 91% 92 Cen. Leather. 31 % .... 31 .... Comp. & T.. 76 75% 75% Cont. Can.... 46% .... 45% 46% Fain. Players 83 .... 83 83% Gen. Asphalt 40% 39% 4040 Inter. Paper 43% .... 43% 43% May Stores. .72% .... 72% 75 Mont. & W.. 22 . .. 22 22 Nat. Enamel 00% 05% 60% .... Nat D. Stores 40 . ... 39% 39Vi Sears Roe 81.% .... 81 % 81% IT. S It. St.. 77% . . . 76% 70% II S. hid Aleo 58 57% 57 % 50% Woolworth . . 234 % 229 220 % 234 Am T. and T. 121 % 121% 121 % 122 Consol Gas . 62% 61 % 61% 63 Shipping— Am Bit Corp. 26 v* 25% 25% ... Atl Gulf .. 20% 18% 18% 20 In. M M pd. 32% 32% 32% 32% Foods— Am Sugar 76 75 Am B Sug . 38% 38% 38% 38% Au-tin Nteh . 27 26 26 % 25 % Corn I’rod ..132 Vi 130% 130. 131 Vi Cu C Sug ptl. 63 % 52 1 a 63 54 % Cub-A Sug . 32% 31% 32 32 Punta Ale . 03Vi 61 Vi 61% 63 Tobaccos— AmeSuma . . 27 Vi 26% 26% ... Am Tob Cos 142% 146% Tob Prod ..81% 80% 81% 80

CURB REMAINS STEADY AFTER OPENING HIGHER ; Slight Selling Tendency in Late Afternoon Has Little Effect. \Ry Vnited Financial NEW YORK, May 15—The euro i todny displayed a tone of general j steady confident’3 without any feature. : The oil stocks continued to disregard the cuts in crude, neither did they respond in any way to the discovery of the new well by Mammoth in the Teapot Dome. This well means immediate additions to the crude pro ductlon. Mammoth did not coma into the active trading. .stocks opened slightly higher and until mid-afterr.oon held to their opening levels. Gulf Oil notably wan an example, gaining to above 60. In the mid afternoon then' appeared a slight tendency to sell, hut this did not develop to any great proportions. On the whole, the market was a little more active than on Monday. This encouraged traders to believe that some of the spirit that was evlj dent before the recent shake-up might be regained. Indianapolis Stocks —May 15— Bid Ask. Am Central Life 200 ... Am Crcosoting Cos pfd 95 ... Adv Rumely Cos com ... Adv Itumaly Cos pfd ... Ti,-!' R R com 65% ... licit R R pfd 53% ... Century Bldg Cos pfd 98 Oitlej Service com 159 101 Citl<- Scrvl-v Cos pfd 07% 09 Citizens Gas C>> eim .’ , % 27 Citizens Gas Cos pfd 09 i Dodge Mlg Cl, pfd , Ini Hot, ! .’em ... 100 ■ Tnd pfd 100 Ind Nit Life In# Cos 7 % In.! Pipe Line Cos 94 98 Tnd Hit'.e Guaranty Cos 70 Indpls Abattoir pfd 45 50 Iml pis Gas 51 53 Indpls A Northwestern pM . . 40 . . . Indr,is A- Southwestern pfd 0o Indpls St Ry 63 70 , ti. 1 a Tbit-phone Cos c0m.... 1 ... ! Indpls Telephone Cos pfd . ... 90 . . Indole Water Cos 102 104 I Mer Pub Cos pfd HI % ... Nat Motor Cal' Cos ... ; Ihibllo Savings Ins 12 ... Kauh Fertilizer pfd 50 ... standard oil Cos of Ind 59% 60Vi Sterling Fire Ins Cos 8 % ••• T H I & E coin 3 6 T H I A- E pfd 13% 15% T II Tr & Lt Do pfd 93 90 Union Trac of Ind com 3 5 Union Tr of Ind Ist pfd 34 44 Union Tr of Ire] 2d pfd 7% 8% Van Camp Prod Tst pfd.... 97 100 Van Camp Prod 2d old 100 Van I alia Coal Cos com 2% 5 Vandalla Coal Cos pfd 1-4 17 Wabash Rv Cos ecu 8 % Wabash Ry Cos pfd 28 29% Bonds ! Belt RRA S Y 4s. Mar.. ’39. 81 % ... Broad Ripple ss. 43 00 09% 'Citizens Gas ss, July. '43.... 85% 88 I Citizens Gas 7s. serial 100 ... Cit 5t R R ss. May. '3.3 84 87 , Ind Coke A Gas 0s 90 04 Ind Hotel ss, July. '3l 02 ... Ind Hotel Cos 2d os. drawable. 100 lb I North ss. (Jet., 83 42 Ind R R A Lt 6s Jan . 4.3. . . 89% 94 I Ind U Tr ss. July. 33 45% Indpls it, Cos 7%5. Sept. '31.100% 10.3 i Ind Col & So 6s. Feb.. '4B. . . 97 100 ' Indpls Gas 5s Oct.. '42 85% 87 j Indies Lt A- Ht ss. April. '4O. 94% 05 I Indpls tc Martinsville 55,.... 00 04 ! Indpls North ss. July, .37... 52% 57% Indpls & N W sa. Mar , '32. . . 52% 50 I Indpls & 8 K 5s 40 i Indpls Sheib.vvlllo A- S E 6s. . . 52% Imlnls St Ry 4s 03% 05 Indpls Tr A Term ss, Jan.. '33 801* 89 Indpls U R R ss. Jan., 65. . . 96 j itiui.s Uit R 4 Vis. May. '2O. 96% ... | Indpls Water 6a .July. '311.... 09 JOO ; Indpls Water 4 Vis. Jan., '4O. 85 80 1 Kokomo MA W ss. July. '38.104% 105 So Ind Power os. Jan.. '3l. . .101 . . . It H 1 A E ss, April, '45 70 73% V Tr of Ind 6a. '32 71 74%

Produce Markets

INDIANAPOLIS. May 16. —Fresh eggs, 22c; packing stock butterr 28c: spriugs. Hi to 2 lbs.. 4vJc; fowls, straight, 3le; fowls, under 4 Jl>s.. 18c; leghum poultry, 25 per cent discount; cooks, lie; young tom turks, 26c: old tom turks, 21c; ducks, 6 lbs. tip. 13c; geese. 10 lbs. up. 11c; squabs. 11 ilia, to doz., $5. Indianapolis creameries are paying 42c a lb .lor butter fat. CLEVELAND, May 15.—Butter-—Extra in tubs. 46Vi 047 Vic; prints. 4614 @4B 14c; firsts 44 14 ©46Mi c packing stock, 30© 83c. Eggs—Fresh gathered northern extras. 29c; Ohio firsts. 28e; western firsts, new cases. 2544a Poultry—Livo fowls, 25@2t!0: fancy fat, 27c; roosters, 17 ©18c; light fowls, 23©25c; broilers, 60©05a Potatoes — Michigan. [email protected] per 15 011'S.; Now York, 52.30 per 150 lbs.; early Ohio, s2© 2 45 per 120 lbs.; new potatoes, $7.76@8 per barrel. CHICAGO, May 15. —Butter—Receipts. 14,328; creamery extra, 41V4e; standards, 41c: firsts, 38 44 @4oc; seconds. 37© 39c. Eggs—Receipts, 15.750: ordinary firsts, 22 ©22'ic: firsts, 24©24‘>ac. Cheese-Twins. 21© @2l He; young America*, 22c. Poultry—Receipts, four cars: lowls. 20e; ducks. 20c; geese, 12c; turkeys, 25c; roosters, 13 He: broilers, 45@48e. Potatoes—Receipts, 324 ears Wisconsin, sacked, 31© I. Minnesota. $1.05. Michigan, $1.10; Idaho russets. $2.15; New Weak Florida, barrels, Spalding, Rose No. 1, $7.50; Alabama. sacked, Biiss Triumphs No. 1. 55. NEW YORK May 15.—Flour, steady, dull; pork, dull: mess. [email protected]; lard, firmer; middle west spot, 11.35© 11.45ec; sugar, raw, dull; centrifugal. 06 test. 8.10 e; refined, dull; granulated, 9,75©9.90c; coffee. Rio, No. 7 cm spot, 11 H© 12c; tallow, steady; special to extra, 7% ii 8<:: city, 7 Vic; dressed poultry, firm; turkeys, 25© 42c; chickens, 18@45c; fowls. 14@32c; ducks, 20©27c: live poultry, firm gi ese, 12© 14c; ducks. 15 fa 25c: fowls, 30© 31c; turkeys. 20 ©3sc; roosters. 14c; broilers, 40 © 00c; cheese, easy: state whole milk, common to sp'-cials. 80© 39c: state, skims, common to specials. 10© 18c; butter, firm: receipts. 11. creamery extra. 43 !io: special market. 43 \ @44 1 *e; slat dairy tubs. 30 ©43c; eggs, steady; reeeipis. 02,750: nearby whites, fancy. 38© 11c: nearby slate whites. 2 7 G © 3eß; fresh firsts to extras. 27Vi©30c: Pae tic coast. 32©38c: western white, 28© 38c; nearby browns, 31 ©37c. Cloverseed Market Cloverseed was Quoted $7 ©lO a bu. in Indianapolis today.

THE INDIANAPOLIS TIMES

DOG PRICES DROP ANOTHER NICKEL Receipts of 13,000 Head Serve to Depress Market, Hog Price* Day by Day May 250 300 lbs. 200-225 lbs. 150-180 lbs. 9. 7.90 (ti 7.9 > 7.95® 8.00 8.00 10. 8.05(it 8.10 B.lo® 8.15 B.lo® 8.15 11. B.lo® 8.15 8 1.5®. 8.20 8.200 8.25 12. 8.15 8.15 ' 8.15 (it 8.20 14. 8.10 8.10 B.lo® 8.15 15. B.oo® 8.05 8.05 8.05® 8.10 Unusually heavy* receipts at the local stockyards caused hog prices to drop a nickel in trading at the livestock exchange Hoday. Altogether more than 12,000 hogs were received at the yards, including 625 held over from Monday’s market. Again the market was generally a one price affair with the bulk of the hogs selling at a flat price of $8.05 as compared with SB.IO on Monday. A few choice light hogs were sold at SB.IO and a few heavyweights sold down to SB. Roughs were selling at $6.25 and down and pigs were selling down from $7. The cattle market was active at irregular prices with steers tending slightly lower and butcher grades holding steady. A top of $9.75 was paid for a few steers as Compared with $9.65 on Monday. Receipts 1,200. The calf market opened weak and went 50 cents lower in early trades, choice veals selling at a top of $12.50 as compared with sl3 on Monday. The bulk of the day’s receipts of 800 head sold between $11.50 and sl2. The sheep and lamb market was nominally steady on light receipts of 75.

—Hoe*— | 150 to 200 lb# S 8.05® 8.10 ! Medium 8.05 Heavy B.oo® 8.05 Top 8 10 Pl** 0-75® 7.25 Packing sows 6.75® 0.2. —< attlze— j Few choice *te*rs ... . . $ 9.50® 10.00 j Prime corn-fed steers. 1,000 to 1.300 lbs 9.00® 0.50. ‘ Or 1 tr. - none ete'-rs, 1.000 to | 1,300 lbs 8.50® 9.00 Good to choice steers, 1.000 to 1.201) lbs B.oo® 8.50 . Good to • steers. 1.000 to i 1.709 lb* 7.50® 8.00 Common to medium steer*. 800 to 1.000 lbs 7 25a 7AO —Cows ami Heifers—choice lieht heller# $ 8.50® 9.25 ‘ Good light heifers 7 00® 8.75 Md!ttm heifers 6.00® 7.25 ('o:i men heller* 6 00® 6 00, Fair cow# 4.00® 6 00 i '■ Cutters mm 2 7c® 32., Farmers 2.25® 2.50] —Bulls—- ; Fancy butcher bull# $ 6.00® 5.50 : ( ,-d to cl dee butcl - bulls. . 400 i 4.25 Bologna bulls 3.75® 4.50 : Choice veals . . . . . . sll 60(313.50 >.| Vea.s . . ..... 10.00(211 00 : Medium veals 8"0 ® 900 ■■ ■■ e&l# ... .mb* • • 750 B 8-?5 Heavyweight vea's 7 00® 7.60 Common i.eavios 0.00 tt 7.00 .Top —'-le-cp and Lambs— Culls 8 2 25 42 3.55 Good to choice ewes 5 00® 050 i Few chol'-o lambs 12.00 j, 15.00 Heavy lambs . 10.00® 13.00 ! Culls lambs 0 00 Other Livestock By Vnited financial CHICAGO. May 15—Hogs—Rcv-ipfs. 23 - ! 000; market steady to 10c higher, top. 58: . ! bulk 67 35® 7.90; heavyweight, 57.30® I Vj; n.cdl .1, weight, $ 7.05 ® 7.90 . light, $7.80(88; light lights. $7.06®7.90. pack- j ' leg sow*. smooth. $0.50 ®7; packing sows, r-e.igh. tr''. 30 00. killing pigs. s6® 7.50. Cattie—Rt iviipts. lo.i tsi. market for beef • leer-* and y, irliiiK * s.ow: early sales about s’eady ear'x top $10.25: foW loads $9.25 r-t. 10; Is'et he-.fers rather active, several j $7.8 5® 875 she stock uneven, about 'steady, 1' - large'v 1.7• higher veil calves, | I 25® huh r; sleeker# and feeders strong; I bulk desirable Iwdogna hulls, $5.25® 5.40: several light heavp.-. $5.50: bulk desirable; veal calves U, packers. $8 5089 75. bulk] -.'iters i 1 leeders. $7.25®8. Sheep-—Hz-<s-ipts. 9,1)00; market fairly active; lambs m >.-My 25-' higher; sheep t-teady, unevenly , higher: ta,st 9 '-lb. wooied Colorado. $10.50; j heavyweight clipped lambe. $llOO. light- 1 weight market: clipped lambs. $15.50; nine, ! double- 08-73-lb. California springers, j $1 7 25. KANSAS CITY. May 15—Cattle—Re-; I eeipts. 11,000; calves. 2,000; beef steers. I | low; look Steady to lower, early top. so.o'': \ >.e-t held above $10.25; bulls steady to 200 i higher buig bolognas. ss® 5.25; other . ■:i t .toady; bulk vealers, $9 50® 10; f'-w j head of fine yearling heifers. $10.25; deslra- I bit- feedsters, $5.26®8.50. Hogs—Receipts, j 15.000; mostly 10c higher; shipper top. $7.76: packing top. $7.70; bulk desirable ; i 180-280 pound uverage, $7 05® 7.70; packling sows steady, bulk. $0.25®6 35; stock pigs, steady, bulk, 0.75'®7. Sheep—Re-, t-eipts, 7.000; active; killing price, generally! 15'®2r,0 higher; lop w001,,1 lambs. $10: I- ,;k clipper-, $14.10; California springers. ! $16.25; Arizona#, 515; shorn Texas weth-j ire. $7.75® fat Texas goats. $3.85. EAST BUFFALO, May 15.—Cattle—Receipts. 100: market, active, steady, shipping steers, $9.50® 10.25; butcher grades. sß® j 9.2.4 con s. $2.50 7.25 Calves —Receipts. 525; market, active to $1 higher; culls to cho.ee, s4®. 14. Sheep and lambs Receipts, : 1.200; market, active, lambs slow, shop active; choice Jambs, slss' 15 25. eul! to I choice, slo® 14.50; yearlings. s9® 13; sheep. s3® 9.50. Hogs—-Keeeiptfl. 4.000; market, active to 10® I -e higher: yorkers, I $8 iS.de. pigs. $8; mixed. $8.50ffi8.06; heavies. $8.2508.35; roughs. SSO 6.26; j stags, $-I®s. S CI.EVI LAND, May 15—Hogs—Rcr-eipts, j 12.000; market, 100 higher- yorlters $8.35; ! I mixed, $8.35; medium, $8 250 8 35: pigs. $7.35; riioghs, $0.25; stags $4.50. Cattle ! —Receipts. 200 market, steady; good to | choice bulls, unchanged: good to choice j steers, unchanged: good to choice heifers, , I unchanged; goo dto choice cows unchanged; j (fair to good cows. unchanged; common cows, une ianged; milkers, unchanged. Sheep land lam bo—Receipts. 500; market, active; top. sls Calves—Receipts. 400: market. ! 500 lower; top. sl3. ' ! EAST ST. LOUIS, May 15.—Cattle—Recelpls, 3 000; market, steady: native b"ef | steers, $7.5008.10; yearlings and heifers. $7.75<&, 9.25; cows, .$5.75® d.75 ; eajmers and cutters. $3,750 3.75; calves, S9.SO'?JNO; i Hogs—Receipts. 18,000; market, steady; heavy S7.7.*'<t 8.10; medium. $7.80 (S'8.10: | j lights, $7.7008.10: light lights. $0 50®'! 1 8.05: packing sows. 50.10420.35; J'iits, $5,50 1 \i 7.2.>; bulk. $7.900 8.05. Sheep—Receipts. 1.000: market, steady to 25c lower; ewes $5.50 ® 7.25: caniitis and cutters,, $1,504; 4.75; wool lambs, $l2O 14.75. PITTSBURGH. May 15.—Cattle—Receipts, light; market, steady choice, $9..i11® 10: good. $8.85 ® 9.35; fair. $7.25® 8; veal calves. sll® 11.50. Sheep and lambs—Receipts, light; market, steady: prime wethers. $8 00®8 75; good BSr,i 8.50: fair mixed, $0 ® 7.25; lambs, $14.75® 15. Hogs—Receipts, 12 dd; market, steady: prime heavy, $8.15® 8.26. mediums, $8.05®8.75: heavy I yorkers, 58.65fff8.75: llsrlit yorkers. $7.75® i 8.25; pigs. $7.25®7.50; rodghs. $5.50®0; 1 staffs, $3.50®4. CINCINNATI, May 15.—Cattle—Receipts, j 400: market, steady; shippers. $9®9.50. j Calves-—Market, strong and unevenly higher; extras, sll® 13.50. Hogs—Receipts, 4.000; I market, steady, good or choice packers. | $8.20. Sheep—Receipts, 300; market, | steady; extras. $5®6.,>0. Lambs—Market, steadv to 50c higher: fair to good, $10.50 I i @l7. I

Dividends Today

NEW YORK, May 15.—Dividends announced today include: P amous-Pl a y ers-Lasky Corporation—Regular Quarterly $2 dividend on common, payable July 2 to stock of record Juno 15. National Cloak and Suit—Quarterly preferred dividend of $1.75, payable June 1, stock of record May 25. American Telephone and Cable—Regular quarterly $1.25 dividend, payable June 1 to stock of record May 31. McCrory Stores—Quarterly dividend of 1 per cent on common, payable tn common stock June 1 to stock of record May 21. Now England Telephone and Telegraph— Regular Quarterly $2 dividend, payable June 30, stock record June 11. Dressed Beef Prices Wholesale selling prices of dressed beef, Swift & Cos.. Ribs — No. 2,18 c: No, 8,14 c. Loins—No. 2. 24c; No. 3, 30 c. Rounds — No. 2. 17c; No. 3,14 c. Chucks—No. 2, 12c; No. 3.10 c. Plates—No. 2. Bc.

Directs Legal Work of P. O . Department

Director legal work of the Department of the Interior is the task of John H. Edwards. He needs a force of more than thirty attorneys in this branch of the Government's sendee. Mr. .Edwards, who was solicitor in tho Postofflce Department, went over to the interior office with Secretary Work.

BEATING OF VETS DENIED ATMARIQN (Continued From Paßpi ..)

then ar.nounced that !f any of us wanted the game treatment wo could pet It." Dr. Mao Lake refused to read a copy of the first letter, unless the name es tho man who wrote it and eight names of witnesses listed l>v the letter writer were given to him. This was refused by the correspondent, who did not wish to ambairass the writers. “You are not laying all your cards on the table," paid Dr. MaoEak© lie was told what the letter contained. "Nothing of the kind is going on here." said Dr. Mac Lake. “My Institution Is open to inspection by responsible persons at any time.”

Transfer Refused

The patient who wrote May 13 told of having beep, confined to "locked ward” because of trouble with another Inmate, and later, when asked to be transferred to another institution, he ea!d he wins locked up again. Dr. Maclgtko said there is restraint only upon dangerous patients. There are no walls about the sanatorium. Patients are given passes to visit relatives or surrounding towns frequently yometitr.es they wander away. Authorities have had some trouble with mfoslng patients. A former official said that several months ago a farmer telephoned that a man was acting queerly at his place. The officer recognized the mans clothes its those of a sanatorium parent. When the patient was returned sanatorium authorities denied ho belonged there, according to tho officer. The officer insisted he did. Sanatorium records finally showed that the patient had been missing a week, the officer said. A former mess hall employe said trouble between patients and attendants Is not Infrequent. “Rough stuff" occurs every once In a while, he said. Most of lt is necessary, he contended.

Attendants Unarmed

Attendants are not permitted to cariy arms, Dr. Mac-Lake said. There are approximately 830 pa tients at the Institution. Capacity in 1,040. Attendants number ninety. Authority has been granted for more. Fifty experienced women comprise the nursing staff. Moro are needed, it was said. Charge was made by Marion citizens that English doctors and nurses are being hired. Dr. MacLako said he had a few but thought it proper. Every hospital feds tho nursing shortage, he said. He hires experienced people when he can find them. Exservice men and women are given preference under Government rules, he declared. Some of the attendants htyve had experience in Insane hospitals. Others, Dr. Mac Lake said, have been trained at. the sanitarium, starting as janitors. Attendants receive frenj SOO to sllO a month. $5 WOODSHED CAUSES DAMAGE SUIT IN COURT Restraining Order Issued Against Its Removal. Hu Times Special HUNTINGTON, Ind., May 15.—Who owns a woodshed valued at $5? Circuit Court must decide. The shed is on the property line between the yards of Joe and Lena Semik and Katherine and Alike Shope. According to the complaint, the shed has been used by the Semik family, who thought it belonged to them. Now the Shopes want to move It. A temporary restraining order has been issued. ‘ I CONFERENCES CONTINUE Woman’s Missionary Union Considers Work in Home Field. By Times Special The sixty-flfifth annual meeting of the Congregational Conference of Indiana of the Woman’s Home Missionary Union of Indiana and tho Indiana branch of the Woman Board of Missions was in its second of a four-day conference at the First Congreational Church today. The morning session was devoted to the Indiana Woipan’s Home Missionary Union. Annual reports were made by numerous secretaries.

REBEKAHS CHO9SE MRS. KjMMEL HEAD Officers Advanced Notch at Convention in Indianapolis, Officers of the Rebekah Assembly of Indiana were advanced today In convention at the I. O. O. F. grand hall. Mrs. "Valetta Kimmel of Kendallville, former vice president, becomes president; Mrs. Laura B. Morris of Frankfort was advanced from warden to vice president; Mrs. Clara D. Evans of Gary was elected warden, and Mrs. -Elizabeth Eharhardt of Greensburg was elected secretary. Mrs.* Jesse Robson of Brazil, Ind., was elected treasurer. More than eleven hundred ballots were cast. FRANK CAIN IS ACQUITTED ON BUND TIGER CHARGE Man Who Caused Arrest Denies He Is Ku-Klux Investigator. Frank Cain, 3520 N. Meridian St., was discharged In city court today by Judge Pro Tern. Lloyd Claycombe on a charge of operating a blind tiger. Cain was arrested on a statement by Thomas L. Tresler, giving his address as 511 N T . Illinois St., that C*ain had sold him liquor. Cain denied it. Former City Judge James E. Deery, In examining Tresler, asked whether he was employed by “the invisible empire of the Ku-Klux Klan to secure evidence of liquor law violations.” Tresler said “No.”

Marriage Licenses E. H O'Riley. 21. 1604 W. Harvey; Hilda Harden, 17. 824 S. Mlaaourl. J C. Trlmlee. 23. 419 Blaekfnnl: Genevieve Moore, 18. 1 (22 N West W. L. Hash. 30. 220 W. Morrill; Blanch ' Chatman, 34. 220 W. Merrill. L. B Carter. 23. 1120 E Washington; J D. Farmer, 21. 2530 Carolina; Mary Minnie Eaetriilgo. 25. 833 N. Jefferson. Taylor, 18, 2530 Caroline. F G Thorne, 25. GrecneTytirg, Ind.; Hath Carmichael. 23 1133 E. Thirty-Fifth. c A Weaver. 14, Pittsburgh; Alberta Kunkel. 26. 2343 N. Meridian. il A Ccxen. 24, 3834 N. New Jersey, Helen Sp-i.hr, 22. 990 Middle Dr.. Woodj ruff Place. Births Girls Richard and Marie Matthews. 1810 3. Delaware. Leo and I.ilHe Crnljr 319 E. Ohio. Vlrrtl and Arolene Mobley 1850 Arrow. William and Be-s Hurt, Deaconess hospital Hans and Bessie KarWadt. 340 Bell. Vernon and 71esie Tldd. 210 JCaekford. Alhur and Mann Dou*!as. 2000 N. Shriver. Thomas and Edna Hosted, 1739 N. Rural. Guy and Ruth Armstrong. 27% Eastern. Hnr.\ and Beatri-ss .Miles. 2510 E. 17th. Lawrence and Clara Miller, 3605 E 10th. Arthur and Irmr Court, 1735 E. 30th. Lester and Laura Ryan. Methodist hospital John and Hazel Altmeyer, 2410 W. Moi Caj t y. Charles and Elmira Flora. 1234 N. Shes- : field. Bny*. Bruno and F.rma Vfetffler. 928 N. Tuxedo. Frank and Mary Smith. 80t Warren. Forest and Primes S- nours, 2205 Cushing. James and Freda Ellis. Deaconess hospital. Charles anil Cora Relmer, 507 N. California George and Mamie Kinr. 1793 Roosevelt William and Mamie Hoddex. 036 Eddy. <>-ry and (inn Blend. 320 Sholbv , Claud and Ethel Huston. 4<>4 N Pine. John and Elizabeth Gooch, 1324 English Mathew and Afrrda M.-Claim 1140 Mis. I souri. Albert an.l Jennie Wek-h. 924 W. 24th Norman and M infarct Alderson. 43 Alton Clarence and Grace IT.ater, 2523 N. Delawar cl Louis and Gladys Vaughan. 1453 Blaine. Melvin and Orpha Bless. 313 N. Pin* Robert and Vitsins Rice, 2521 N. Oxford LouP and Lucille Berry, 4009 E. New York Leslie and Ethel Russell. 2670 Burton. GCorfu and Anna Bradshaw. City hospital Charl-s and Walbuga Fox. 1307 Kelly. Deaths Asa T* Robertson. 50. Methodist Hospital i acute dilatation --f heart. 1 -Mary I< TroUky. 69, Methodist Hospital. cholecystitis. Herman Borkes. SO. 2017 Rlnzirold, j chronic myoeardlt is. Henrietta Shields. 07. 3435 Kenwood chronic Interstitial nephritis. Thomas Ray, 45, 342 Harvard PL. cerebral spinal meningitis. Geor.-e D Jones. 71. 2452 Phriver. chronic ; myocarditis. Charlotte Colslager. 78. 1814 Cornell, cerebral hemorrhage Helena Herjel .58. 459 Ooodlot, cerebral hemorrhage. Elizabeth Spencer. 74, 1806 N. Arsenal, - Intestinal obstruction. Maud Jarvis. 44, St. Vincent's Hospital, j diabetes mellltus Walter E. Jarvis. 4. 060 Btreh, broncho- , pneumonia. Martha J. Rhoades. 81, 2748 Gale, eereI bral apoplexy. ; Rhode Atm Bassett, 94, 6849 University, | arterto sclerosis. Ruby Mae I.aing. 20, St. Vincent's Hospital. acute myocarditis. Lydia Ann Chappell, 77, 2429 W. Jackson, chronic myocarditis Building Permits Sinclair Refining Company, gas tank, 723 S. Senate, $450. Sinclair Refining Company, station, 1157 8. Harding. $460. Sinclair Refining Company, tank, Kentucky and Belmont, $450, I Mark Do Hass, dwelling, 1023 Asbury. $1,900. Lena Bach, furnace, 2240 Union. S3OO. Southern Building and Realty Company, dwelling. 706 Carlyle, $3,800 Southern Building and Realty Company, dwelling. 1941 Parker. $3,800. Southern Building :uid Realty Company, dwelling, 608 N. Dearborn, $5,500. Anna Sullivan, addition, 554 N. Tremont. $750. C. Baker, furn.iee. 31 N. Denny. S6OO. Indianapolis Cordage Company, smoke consumer, 1905 3 Meridian, S6BO. G. w. Edwards, reroof. 419 9. Harris, S2OO. Anna Gehbauer, dwelling, 134 N. Harding, $4,000. ,T A. Crawford, garage. 1805 Beliefontaine, $250. Edward M. Guss. station, 815 W. Michigan, S6OO. C. A. Grossart. wreck dwelling, 620 S. Keystone, S3OO. K. Bishop, dwelling. 1537 Ewing. $3,000. Henry N. Robins, dwelling, 814 Tecuraseh PL. $3,800. Michael Wetncks, dwelling, 2034 Napoleon, $5,000. 0. P. Terry, station, 1101 Indiana, S4OO. Best Laundry, elevator, 28 N. Senate, S7OO. Beatrice Creamery Company, electric machine. 427 8. Madison, S9OO. D. P. Dariing, garage, 4801 College. S2OO. Ragsdale Lumber Company, elevator, Twenty-First and Sherman, $1,200. Btutz Motor Car Company, repairs, Capitol and Tenth. S3OO. Fairbanks-Morse Company, repair elevator, Twenty-First and Northwestern. $325. Glen Ralston, dwelling, 501 Lynn $2,500. T. E. Donnals, dwelling. 572 Lynn, $2,500. Lillian M. Jolly, remodel, 6810 Dewey, $1,500. Jack Newsom, garage, 4060 Graceland. Stude'.r .>r Corporation, sign, 603 N. Capitol. $2lO. Helen M. Clements, reroof, 3450 N. Capitol. S2OO. Ella Daily, garage, 3127 Bellefontaine, S2OO. John Knurr, garage, 0 E. Palmer, S2OO. H. E. Seibert, garaga. 1253 W. Thirtieth, S3OO. F. C Bakemeler, addition. 1308 Prospect, S9OO. Where's the Paperhanger? Police today were asked to seek the “hanging out” place of the paperhanger who was advanced sl4 by Mrs. Phoebe Blusk, 315 S. Warman Ave., with which he was to purpas* niaper to hang on walls in the Blusk hofne. The paperhanger haa it been seen since he was give® the money several days ago.

The Wm. H. BLOCK Cc. Women’s Comfort SLIPPERS Made of black kid, turned soles and rubber to Boys’ and Girjs’ Rugged OXFORDS and SANDALS Made of dark brown leather, extension soles, neat and stur■R —Third Floor. / Housefurnishings Specially Priced We Offer in a Special Sale a Few Discontinued Models in Quick Meal Ranges In Four Special Price Groups $ 998 5 97a-ss7^-s29^ Kitchenette and full cabinet styles. Finished in porcelain and semi-porcelain. Most of these ranges are equipped with the famous Lorain Oven Heat Regulator. 51.50 Wash Boilers, $2.00 Curtain 98c Stretchers, $1.29 Galvan- Made of f 3& . . . : kiln dried 1 HI ■cr—— ■esGt- ized metal. . ... GJJ't nil- | wood, will HI; y; well fitting EO j warp. cover and Nickel P 777 7 !7m~ side drop plated, >| *, ;i 1 handle* no n r ust- p Jf= I 'I 1 Very epe-i able P 1 ns - LU LiT csali 98c> An unusual quality for SI. 29. $5.50 Electric Irons, C 339 Fully SI.OO Wool Wall JLVI/Lc' ' Brushes, 65c teed e 1 ec- ’ trie irons, f” from one of the best makers. YJH ; V X An excep- . .o^3: tional quallt >' Iron, j j greatly un- P——l i e r priced pl.i \ ' ,-.77." at $3.39. Five-foot'handle. Pure white Canadian wool brushes for $1 40 RalLronm wallp - ceilin 6s and furniture. U £iatnroorn Extra special, Gsc. Mirrors, 98c Size 14x ' .~ n " 20 in. white Guaranteed Garden 9 n ameled I T]_| Hose Regu | ar 16c 77* j | Quality, Foot, ror 8, for j j ; 12c bat hroom 1 , . H i ghor kitchen grade, fine use. \ery L - non - kinkspecial —— | —. able garat 98<*. ! den hose, -0- rv t r Lr —an teed. Cut 95c rarlor Brooms, Str — ■ ■ ■ -~j3 any length. cg c ! | charge T . , ! for cou p- /’/ . ua ' | lings. tion size, sre&f * ' sewed, smooth 4,-. nn y&jv/sJ handle $2.00 Electric brooms Hot Plates My 7 m ad e of ’ /yfyjf/ iphjf fine Illinois 1 $1.19 ff/W mill b r 0 °n m One burnL f/p//!i!u ! enrn. Ex- er hot plate, c e ptional.y fully guar- ? riCed anteed for at one year. ■ : I ' Com plete $1.50 Ice Cream TnV Freezers, ’ An extraor- ... oq_ din ary valu e f 0 r 2 -Quart; | $1.19. jTT/V- .ir— size. Gal- 1 vanl z e and j to operate $1.75 Teakettles, freezer.! JUS <-771 m°iu r~— 1 Size, mm utee. P SS WK, 98c 8* ' a ' A ) Solid 1 y copper, heavily Glass Household 7 nickeled Sets, $1.75 : fll, MW e n i’ cq |;! I |l W full s'<iuart 5 '<i uart Quality, 89c j a H size. Very (■“ 1 & special 08<*. 0 11 f 12 Rolls Waldorf r! * * 1 Toilet Paper, $1.20 Quality, 79c —3 Mixing bowls. ~ —1 Lemon reamer. | —1 Measuring cup. \gn —1 Butter dish. Knoxall Soap, I 60c Quality, 49c 650-Sheet rolls; high grade; 5-Pound cans. For general | fine tissue toilet paper. Extra household cleaning. j special, 12 rolls fpr 79<^. Climax Wall Paper CLEANER, 6 Cans for 55c —Fifth Moor.

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