Indianapolis Times, Volume 35, Number 4, Indianapolis, Marion County, 16 May 1923 — Page 11
WEDNESDAY. MAY 16, 1923
Statement of the Condition OF THE Royal Exclhiarage Assuramce London. England . United States Branch S3 Maiden Lane, New York. N. Y. ON THE | 31st day of December, 1922 EYERARD C. STOKES. United States Manager. GAYLE T. FORBI7SH. Associate Manager. Amount of deposit capital $400,000.00 NET ASSETS OF COMPANY Cash in bands and in office ion interest and not on interest) $ 206,543.49 Bonis and stocks owned (market value) 4,395,482.00 Mortgage loans on real estate (free from any prior incumbrance ) 200,000.00 Accrued securities (interest and rents, etc.) 67,469.17 Reinsurance due on paid losses 30.310.28 Premiums and accounts due and in process of collection. 678,400.15 Total net assets $5,408,105.09 LIABILITIES Resprve or amount necessary to reinsure outstanding risks. .$2,584,068 02 Losses unpaid 552.119.60 Bills and accounts unpaid.... 5.889.09 Other liabilities of the company 116.299.73 Total liabilities $3,258,970.34 Deposit capital S 400.000.00 Surplus 1.809.128.75 Total .$5,468,105.09 Gref test amount tn any one risk $ 50.000.00 Greatest amount allowed by rules of the company to be insured in any one city, town cr village—Subject to conditions. Greatest amount allowed to be Insured in any one block—Subject to conditions. State of Indiana. Office 'of Commissioner of Insurance: I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copy of the statement of the condition of the above mentioned <-onipany on the 31st day of December, 1923, as shown by the original statement, and that the said original statement is now on file in this office. In testimony whereof. I hereunto subscribe my name and affix my official (SEAL) seal this sth day of May. 1923. T. S. McMURRAY. JP... Commissioner. | Statement of the Condition . OF THE Federal Life lntsiiiiraeee Cos. Chicago. Illinois 166-168 N. Michigan Bird. ON THE 31st day of December, 1922 ISAAC MILLER HAMILTON. President tv. E BRIMSTIN. Secretary. Amount of capital paid up. .. 5300.000,00 NET ASSETS OF COMPANY. Cash in bank (on interest and not on ihterest) $123.042 91 Rea! estate unincumbered 643,793.01 Bonds and stocks owned (market value i 439,056.25 Mortgage loan on real estate (free from any prior incumbrance) 3.124,649.75 Policy loans 1,271.879.47 Premium notes 43,666.27 Premiums and accounts due and in process of collection. 221.641.12 Accounts otherwise secured... 116.688.82 Total net assets $5,984,417.60 LIABILITIES. Reserve or amount necessary to reinsure outstanding ri5k5.54,889,645 00 Losses adjusted and not due. .. 44.407.14 Losses unadjusted and in suspense 61,529.04 Bills and accounts unpaid 2.936.80 Other liabilities of the company 569,655 62 Total liabilities $5 568,173.60 Capital $300,000.00 Surplus 116,244.00 Total $5,984,417.60 Life companies—Maximum r:sk written . . $100,000.00 Amount retained by cotnpa:ijr.. 15.000.00 State of Indiana, Office of Commissioner of Insurance: I. the undersigned, commissioner of Insurance of Indiana, hereby certify that the bove Is a correct copy <rf the statement of ■he condition of the atx ve mentioned company on the 31st day of December. 1922, as shown by the original statement, and that the said original statement is now on file in this office. In testimony whereof. I hereunto subscribe my name and affix my official (SEAL) seal, this sth day of May, 1923. T. 9 McMURRAY. JR.. Commissioner. Statement of the Condition OF THE Centra! States Fire Imsoranee Cos. Wichita. Kansas. 1000 Bitting Bldg. ON THE 31st day of December, 1922 ROY E. EBLEN. President. DAN F. CALLAHAN, Secretary
Amount of capital paid up $250,000.00 NET ASSETS OF COMPANY Cash In banks (on interest and not on interest) $103,773.11 Bond* and stocks cwned (market value) 227.737.81 Mortgage loan* on real estate (free from any prior incumbrance) 26,100.00 Accrued securities (interest and rents, etc.) 3,743.52 Premium* and account* due and In process of collection 85,089.88 Total net asset* $446,344.32 LIABILITIES Reserve or amount necessary to reinsure outstanding risks ...$ 97.167 21 I. adjusted and not due. . . . 2.893.20 Lossea unadjusted and in suspense 4,363.35 Bills and acoounts unpaid.... 1.351.30 Other liabilities of the company 10.560.47 Total liabilities $116,335.62 Capital $250,000.00 Surplus 80 108.70 Total $440,444.32 klreatest amount tn any one rik.s 30.000.00 ■ tue of Indiana, Office of Commissioner of Insurance : I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above Is a correct copy of the statement of the condition of the above mentioned company on the 31st day of December 1922. as shown by the original statement, and that the said orogmal statement is now on file in this office. In testimony whereof. I hereunto subscribe my name and affix my official *eat. (SEAL) this st'n day of May. 1923. T S McMURRAY. JR . Commissioner. COKE SALE UP TO NEW MANAGER Community Clubs Ask Direct Delivery to Consumer, Whether the Citizens Gas Company will agree to sell its by-product coke direct to local retailers instead of through a Cincinnati jobber, will not be decided until after Clarence L. Kirk, new general manager, takes charge June 1, it was said today. The Indianapolis Federation of Community Civic Clubs has advocated the change, so consumers will not have to pay the jobber’s profit. Edward J. Birk, of the Gas Company invited >he Chamber of Commerce smoke ibatement committee to a conference late Tuesday. Wider use of coke would mean less smoke, it is contended Tire Taken From Auto A tire, valued at ?17.50, was stolen from the automobile of Robert W. Byrne, 3868 Park Ave., while the car was parked at Market and Pennsylvania Sts., Byrne told police. §L
BEARS GO GAMING IN EARLY BOORS 1 OF DAY’S MARKET Steel Depressed to New Low and Studebaker Succumbs to Pressure. PROFESSIONALS AT WORK Banker Says Entire Floor Bearishly Inclined —Baldwin Attacked. The WALL STREET JOURNAL NEW YORK. May 16.—Prices were decidedly Irregular at the opening of the stock market today with most of the activity being confined to United State Steel which again sold down to 97*4, duplicating the low price made in the reaction last Saturday. Asa result of this tendency in steel, numerous other leading issues lost ground from their opening prices which were, in many cases, better than Tuesday's closing level. First Hour Stocks developed a somewhat firmer tone shortly after the opening. Steel selling around 97 ! ,w and Studebaker crossing 111, but a definite trend was lacking. Weakness in Steel seems attributable to rumors circulated that structural prices had received a cut. The heaviest seller of Studebaker has been a leading professional. Insiders seem to be giving little support to the stock, which is paying $lO a share annually. Second Hour Renewed pressure was encountered at the opening of the second hour and Steel went to anew low at 96 T * while Bethlehem broke to 53. Fertilizer stocks were sold freely, but many issues, including Baldwin, met resistance around their lows and railieu slightly. The market, however, was extremely dull and without support features. One banker said the entire floor appeared to be bearish. Noon Hour. The market became firmer and more active in the noon dealings. In which Steel rallied to 97 %. while Baldwin sold above 128, as compared with Tuesday’s close of 127 *4, and Corn Products at 131. The upturn, however. was not very impressive and the period of activity was brief. Call money declined to 4 per cent, as compared with the early rate of per cent, with no demand. Twenty active industrial stocks on Tuesday averaged 95.95 off .95 per cent. Twenty active rails averaged 82.22, off .49 per cent. Local Bank Clearings Indianapolis bank clearings Wednesday were $3,954,000: bank debits w< re $?.S6.> Coo. Foreign Exchange By United Financial NEW 4 OKK. May 16.—Foreign exchange opened irregular. Sterling-—Demand. $4 63; cables. $4 63'<. France—Demand. 6.680; ; cables. 6.83%c. Lire—Demand. 4.84 (jc; ; cables, 4.85 c. Belgian—Demand. 5.75 So: ! cables. 5.76 c. Marks 45,454 to the dol .r ; Czecho—Demand. 2.95 e cables. 298 %■?. Swiss—Demand. 18.02 c! cables. 18.04 e. 1 Guilders—Demand. 39.13 c; cables, 39.16 c. Pesetas —Demand. 15.22 c: cables, 15.24 c. ! Swedish—Demand. 26.66 c; cables, 26 70c. : Norway—Demand. 18.31 c. cables. 16.35 c ; Denmark—Demand, 18.74 c; cables, 18.78 c.
Produce Markets
i INDIANAPOLIS, May 10—Frf-sh egg*, j 22e; packing slock butter. 28c. springs. 1 % . to 2 lbs.. 40c: fowls, straight. 21c: fowl*, under 4 ibs.. 18c; leghorn poultry. 25 per I (Vnl discount; cocks, lie; young tom tur;,*. ! 26c: old tom turns. 21c: ducks. 5 lb*, up. 13c; gt-ese. 10 bs up 11c; squabs. 11 Ibs^ Ito doz.. $5. Indianapolis creameries are pay ing 42c a lb. for butter fat. CHICAGO. May 16.—Butter—Receipt* 7.027: creamery extra. 41'jc: standards. 41c: first*. 40% @4lc; second* 37@37%c Eggs—Receipts. 31.937: ordinary firsts, i 22%c; firsts 24 %c. Cheese—Twin*. 21 . ;@2l%c: young America*. 22c. Poultry— Receipt*. 4 cars: fowls. 20c: ducks. 200. geese. 12c; turkeys, 25c; roosters. 13 %e: broilers. 40®46c. Potatoes—Receipts. 202 cars. Northern white, sacked. $1 10; bulk. sl.lO @115; new Florida Spalding Rose, bbl.. No. 1. $7.50® 7.75; No. 2. $5.25® 5.50: Alabama Bliss Triumphs, sacked. SI; bbl.. No. 1, $5: No. 2, $3 CLEVELAND. May 16. —Butter —Extra in tubs. 46® 48c: prints, 47@49c: first*. 44 @4oc; packing stock, 30®33c. Egg*— Fresh gathered northern extras. 290: Ohio firsts. 25c. western first*, new eases. 25c. 1 Poultry—Live fowls 20®27c: fancy fat. j 28o; roosters. 17@ 18c light fowls and legj horns. 23® 25c: broilers. 40® 50c. Potatoes , —Michigan, [email protected] per 150 lbs.; New j York. $2.30 per 150 lbs.; early Ohio. $1.90 @2.30 per 120 lbs.; new potatoes. $7.75@ 8.25 per barrel. NEW YORK. May 16.—Flour, dull: pork, i quiet; mess. $27 @27.50; lard, steady: middle west spot. 11.40® 11.50 o: sugar, raw. | quiet; centrifugal. 96 test. 8.10 c: refined. quiet granulated, 9 75® 0.90 c: coffee, Rio. i No 7 on spot. 11 % @ 12c: tallow, quiet: I special to extra, 7%@Bc; city. 7%c: dressed poultry, firm: turkeys. 25®42c. : chickens. 18® 45c; fowls. 14 it 32c: ducks. 20®27c; live poultry, irregular: geese, 12® ' 14c: ducks. lo@30o: fowls. 30@31c: tur- ’ keys. 20® 35c: roosters, 14; broilers. 40® j 00c; cheese, firm: state whole milk, com- ; nion to specials. 20® 20c: slate, skims, oomInion to specials. 10® 18c butter, easier: re- ! eeipts. 9,674: creamery extra. 43c; special market. 13% ® 44c; state dairy tubs. 39® 42c; eggs, weak; receipts. 43.543: nearby whites, fancy. 37@400: nearby state whites. 27 % @ 37c: fresh firsts to extras, 27 % @ 30c: Pacific coast. 32@38%c western white. 28® 37c; nearby browns, 31® 37c.
Dividends Today
NEW YORK. May 16.—Dividends announced today include: Cuban American Sugar—Regular quarterly $1.75 preferred dividend, payable July 2 to stock of record June 10 Mergenthaler Linotype—Regular quarterly 2 % per cent dividend, payable June 30 to Rto'k of record June 6. National Transit—Quarterly dividend of 50 cents, payable June 15 to stock of record Mav 31. lola Refining—Semi-annual $5 dividend, payable Juno 20 to stock of record May 31. Thi* equals S3O on the old stock Brown Shoe—Dividend of $1 on common, payable June 1 to stock of record Mav 25 Dividend was passed in November. 1920. Raw Sugar Market By l nitcd Financial NEW YORK. May 16.—Raw nucar lower In the future market May. 6.00 c bid; July. 6.08 ft 6.10 c: September. 6.14 ft 6.15 c: December. 61 ft.Y6\V March. 449 ft 4 51c The market for Cuban raws wns still quiet and demand for refined lasr<r n d There was much interest in the prop .s*>d meeting of protest against the Government a attitude toward the sugar industry. Cloverseed Market C!overseed was quoted }7®ll) 3 ta In Indianapoi today
New York Stocks (By Thomson & McKinnon.) —May 16—
Railroads— 1:45 Prev. High. Low. p. m. close. Atchison ... 99‘g 99 99 >4 99% B. & O 48% 47% 48% 48 Vi Can. Pacific 153 151 151 153% C & N. W. R 78 % 79 C. K. I. A- P. 28% 28U 28% 28% Del. A Hud 110 110 Gt. No. pfd.. 71 70% 70% 71 111. Central 110% 11) Lehigh Valley 62'% .... 62% 62% N. Y. Central 94% 93% 94 94% N Y N H k H 17 16% 16% 17% Nor. Pacific. . 71 % .... 71 % 71 % Pgh W Va. 47% 46% 46% 47% Pennsylvania. 44% .... 44% 44 Reading .... 74 % .... 74 % 74 % So. Pacific. . 89% .... 89% 89 St. Paul pfd 30% 30% 30% 37 St L AJS W p 58% 58 Union Pacific 135% 134% 135 135% Wabash pfd. 28% .... 27% 28 Rubbers— Kelly-Spg 49 % 48% 49 48% U. 9. Rubber 52 51% 52 51% Equipments— Amor. Loco . 134% 133% 134% 134% Bald Loco.. 127'- 136 127% 127 % lama Loco.. 05 04% 04% 05% Pullman ..118% 118 118% 120 West. Elec.. .54% .... 54% 54% Steels— Bethlehem .. 54% 52 % 54 54 Crucible ... 68 60% 00% 68 Gulf States.. 82% 81 % 82 83% Midvale .. . 27 , 27 38 R. Iron & St. 50% 49% 50 49% U. S. Steel. 97% 00% 97% 98 Vanadium . . 32 % 31% 32% 32 Vi Motors— Am. R. Mag.. 40% 4040% 41% Chandler M.. 62% 01% 02 62 % Gen. M otors 15% 13% 15 % 1.. % Max. M. (A) 48% |B% 4.8% 48 Max Mot. B. 16% 15% 16% 16% Studebaker .112% 110 111% 110% Stromberg . . 70 68% 68% 08% Stew-Warner. 85% 83% 85% 85 Timken 41% 40% 40% 41 Minings— Dome Mines. 39% 36 37 30% Tex G & 8. . . 62 61% 61 •% 62 Coppers— Amor Smelt. . 50V, 55% 56% 37% Anaconda ... 45% 44% 46 45%
WEATHER DAMAGE BOON TO GRAINS Freezing Temperature Reported Harmful to Winter i Wheat. fly United Financial CHICAGO, May lfi.—Further dam age from recent cold weather and a superabundance of moisture in the Ohio Valley and parts of the Southwest caused grains to strengthen and the market closed higher today. Following the early dip, wheat prices firmed and made good advances. Advices fro ntthe Southwest told of damage to the winter crop by freezing weather. Retarded planting operations and out-country high prices caused strength in corn. Kansas City reported bids of 61c for No. 1 yellow icorn. Oats advanced with other grains. The Government crop report showed favorable conditions of the recently planted crop. Provisions were strengthened by increased buying by packers, a higher hog market and firm cables. Chicago Grain Table —May 16— WHEAT— Prev. Open. High. Low Close > lose. Mav 1.18 1.20 1 17% 1 20% 1 18% Julv. 1.15 117% 114% 117% 115% Bcpt. 1 13% 110 1.13% 1.15% 113% CORN— May. .78% 81% 78% .81% 78% July. .79% .81% .78% .81% .79% Sept. .78% 80% .78 .80% .78% OATS— Mav. .42 .43% .41% 42% .42 July. 42% 43 < 4.: % .43% .42% Sept. 41% .41% .40% .41% .41 LARD— May .11.05 11.15 11.00 11 10 10 85 Jtt y .1115 11 27 11.15 11.22 11.00 Sept. 11.42 11 53 11.40 11.47 11.25 RIBS—•May 8.90 8 80 Julv 9.10 9 17 9.03 9.05 8 90 [Sept. .9 30 9.40 923 9.23 8.92 i RIBS— May . .78 .78% .78 .78% .70% , July . 7a % .80% 78% 80 % 79% [Sept . .79% .81% .79% .81% •Nominal. CHICAGO. May 10.—Primary receipts: Wheat. 522 000. against 1.202.000: corn. 240.000. against 753,000: oats, 450,000. against 970.0000 Shipments: Wheat, 1.339.000. against 872,000: corn. 607.000, at- un -t 1.521.000: oats, 683.009, against 1.340.000 CHICAGO. May 16—Car lot receipt*: Wheat. 14 corn, 14; oat. 45; rye. 2, bar-
Cash Grain
INDIANAPOLIS. May 16—Bid* for car i lots of grain -ini hay at the cal! of the u • i tnapoll* Hoard of Trade were: Wheat—Through billed: No. 2 red, $1.26 @ 1 28. Corn—Strong; No. 3 white 77@78%0; . N’o. 4 white. 76® 70%o: No 3 yellow, . 76% ®7Bc. No 4 yellow, 75% @76c: No. 3 mixed. 75%®77c: No. 4 mixed, 74% ® Oats—Firm No. 2 white, 42@42%c. No. j 3 white. 41® 42c. Hay—Firm: No 1 timothy, $1901950; No. 2 timothy. $18.50 ® 19. No. 1 light clover mixed. $17.60® 18; No. 1 clover | hay, sl7® 17.50. —lnspections Wheat—No. 2 red. 1 cor. No 4 mixed. 1 oar. Total, 2 ears. Corn—N’o. 2 white 11 cars. No. 2 yellow. 5 cars. Total. 10 oars Oats—No. 2 white, 11 ears; No. 3 while, 0 ears. No. 4 white. I car; No. 1 mixed, 2 ears. Total. 20 ears. Hay—No. 1 clover mixed. 1 car. Total, 1 car. Total receipt* for tho day. 39 ears ' Grain priees quoted f o. I*, basis, 41 He ! to Now York TOLEDO. May 10—Wheat—Cash. $1.35 . ftl 30. Corn—Cash. 80ft01c. Rye—cash. 81 he. Oats—Cush. 49 V (it 50 Vfic. Har- | icy—Caflh. 74c. Cloverseed—Cash. $11.16; j October. $12.05; December. $3 1.75. Timothy—Cash and May, $3.30- August. $3.90; ! September. $3 70; October. $3.60. Alsike — I Cash. $10.50: Augruet. October and December, i SI 1 10. Butter —45 ft 17c. —2sft 20c. ! Hay—s2o ft 22. CHICAGO. May 10.—Wheat—Non© Corn —No 3 yellow. 84c; No. 2. 84ft85c; No. 3. 84*40; No. 2 white, 83c; No. 2 mixed. 82c; No. 3. Slftftßlftc; No. 6. 80c. Oats — ! No. 3 white. 44* aft 45 Vic. I hurley—6lft I 71c. Timothy—ss.softo.so. Clover—js3 2ft 17. ST LOUTS, Mav 10.—Wheat—No. 2 red, $1.40 No. 3. sl.2Bft 1.38 No 4. $3.20; No. 2 hard. $1.22: May, $1.17% : July. sl.lsVi: September, $1 14*s Corn—No. 2 white, 86ft87c; No 3.80 c; May. S3 \c; September. 80e. Gate—No 2 whit©. 47c: No. 3.40 Vic; No. 4. 46Vfic: May, 45c; July. 45 Vic.
Grain Briefs
CHICAGO, May 10.—Many traders believe wheat and corn have reached the lowest prices for the present and predict an early reaction. Montana farmers have petitioned I. C. C. to grant lower grain rates. Stocks of wheat in Chicago public elevators last week increased 155,000 bushels while corn and oats decreased 847.000 and 81.000 bushels, respectively. A Canadian miller recently returned from Kurope. declared the condition is not promising- for Hour exports FVirs that the recentlv seeded corn crop in Illinois will rot in the ground, the result of eontinued cool weather. was expressed by farmers and traders. Due to a dull market, loading- of wheat at the head of the lakes is usually heavy. Local Hay Market Loose .hay—sl9@2o: bale*. Slß@2o. heavy mlxe'l hay. slß@l9 light mixed hay. slß® 20. Corn—9o®9fe Oat*—so @ 65c.
THE INDIANAPOLIS TIMES
1:45 Prev. High. Low. n. m. close. Kennecott .. 37% 37 37% 37% Utal Copper. 65% ... 65% 66% Oi s Cal Detrol. . 95% 93% 95% 95% Cosd-n .. .. 46% 45% 46% 47 Houston Oil. 54 68% 54 64% Marl and Oil. . 45% 45 45% 46% I'an-Am Pete. 71% ... 70V* 70% Pan-A Pete B 06% 66% 66% 66 Pacific Oi!. . . 39 38 % 38 % 39 Phillips Pete. 51% ... 51 51% Pro and Ref. 44% 43% 44 4.2% Pure 0i1.... 24% 24% 24% 25 St Oil of Cal 58% 63 63% 54 St Oil of N J 37 ... 30 % 37 % Sinclair .... 30 % 80 % 80 % 30 % Texas Cos . . 40 45 % 45 % 40 % Industrials— Allied Cheat. . 67 00% 66% 66%' Amer Can .. 94% 92 V* 93% 94% Amcr 1ew.... 95% ... 95 96% Amer Wool.. 90% 90 Vi 90% 91 Central Lea .31 ... 30 % 31 Com and Tab 74Vi ... 7,3% 76% Cont Can . .40 45% 45% 45 Vi Fain Pin vers. S3 78% 79% 82% Get: Asphalt. 40% ... 4040 hit "nper. ... 41 % 41 41% 41% lilt Harvester 84 ... 83 Vi 85 Mont Ward.. 21% 21 21% 22 Owen Bottle. . -18 42% 43 43% Sears-Roe. . . . SO 78 78% 81 1 S R Stores 75% .. 75 70 U. S. In. Al. 56 56% 56 56% Wool worth .231 230 230% 229% Utilities— Am T. &T. 121% 121% 121% 121% Consol. Gas. 61% 00% 01% 01% Columbia G. 103 102% 102% 103 Shipping— At. Gulf 18% 17% 18% 19 In. M. M. p. 33% 82 32 k 32 Foods— Am. Sugar.. 73% 73% 73% 75 Am- B- Sg 37% 37% 37% Austin Nloh, 20 % 25 25 26% Corn Prod.. 131% 120 131% 130% C. C. Sg. pfd. 53 62% 63 53 C.-A. Sugar.. 32% 31% 32% 32 Punta Alegre 61% 60% 01% 61% Tobaccos— Am. Sumatra 25% 24% 24% .... Am. Tob. Cos. 146% 140% 140% 147 Tub. Prod. 80% 80% 80% 81
DECLINING PRICES MARK DREARY CURB SESSION Gulf Oil Drops Four Points and Vacuum Goes Down Fractionally. By United f inni rial NEW YORK, May 18.—A dull and 1 dreary session with declining prices on very limited activity marked the New York curb today. An illustration of the activity was found in Standard of Indiana, which near the close showed total sales of 3,500 shares for the day. On anything like an active day. sales of tills story generally run into five figures. One of the stocks hardest hit by tho bears w.m Gulf Oil which dropped four points. Vacuum, despite a good earnings statement, was off % and other oils were slightly easier with exception of the South American v; hie If showed a firmer tone. Industrials fared no better either as to nctivity or prices. While there is a belief that stocks have undergone all the shake-down necessary, the public is not coming In and the small activity shows that professional traders are not quite certain which way to turn next. MRS. W. D. CRAGO RITES THURSDAY Local Woman Was Active in Church and Lodge Circles, The Rev. Frederick E. Webb, pastor of College Avenue Baptist Church, will conduct a funeraj service for Mrs. IV. D. Crago at the residence. 907 E. Twenty-Seventh St., at 1 p m. Thursday. Tho body will be taken to Carmel, where services will be held at the Friends Church with the Rev. Gertrude Renler of Nohlesvllle officiating. Mrs. Crago was born at Carmel. She moved to Indianapolis in 1900. She was a member of the College Avenue Baptist Church, Meridian W. C T. L’.. Broad Ripple Eastern Star and Pythian Sisters of Carmel. Surviving are the husband, the parents, Mr. and Mrs. J. A. Haynes of Carmel and a brother. Resile Haynes of Carmel.
Indianapolis Stocks —May 16— Bid Ak, Am Centra! Ufa . . 2<>o . . . j Am Civowiting Cos pfd 95 ... , Arlv Rnmoly Cos oom ... . Arlv Rumefy Cos pM Belt R R oom 65% 70 IV • R R nM 53 I Centurv Bldg Cos pfd 98 ; Pities Service oom 150% 103 i Citlo* Servioe Cos pfd 6S 70 j Citizens Gas Cos oom ...... 25% 27 1 Citizen* C.as Cos pM 99 ... 'Dodge Mfg Cos pfd ... ! Ind Hotel oom 100 ... I Ind Hotel pfd 100 Ind Nat Tlfe Ins Cos 7% ! Tnd VI pe Lino Cos 05% 97% Ind Title Guaranty Cos ...... 70 80 Indpls Abattoir pfd 4 5 50 ; Indpl* Go* 51 53 ! fndpls k Northwestern pfd... 40 . . Indp!* k Southwestern pfd.... 60 Indpls St Rv 03% 70 Tndpls Telephone Cos eorn .... 1 Indpl* Telephono Cos pfd.... 00 ... fndpls Wafer Cos 102 104 Mer Pub Cos pfd 85 ! Nat Motor Car Cos 1 3 Dublin Savings In* 12 . : Ranh Fertilizer pfd 50 ... j Standard Oil C-> of Ind 504, ... ' Ster'ing Flro In* Cos 6 ... T H t * E oom 3 6 TUT E pfd 13% 15% ! T H Tr & Lt Cos pfd 03 9tt ' Union Trae .if Ind oom 3 5 Union Tr of Ind l*t pfd 84 44 'Union Tr of Ind 2d pfd 7% 8% 1 Van Camp Prod t*t pfd.... 97 100 I Van Camp Prod 2d pfd 100 Va-ndatia Coal Cos mm 2% 4% j Vandalia Coal Cos pfd 14 10% j Wnb.ish Ry Cos .-ont ... 1 Wabash Ry Cos pfd 27% 29 Ronds Roll R R & S Y 4*. Mar., '3O. 81 % i Broad Ripple s*. '43 66 09% Citizens Oa* ss, July. '43.... 85% 88 Citizens Gas 7s m-nal 100 ... Cit St R R s*. May. ’33 84 87 Tnd Coko & Gas os. . . 90 94 Ind Hotel sa. July. ’3l 93 Ind Hotel Cos fid tis. drawable. 100 Ind North ss, Cot.. 'BB 42 ... Ind RR& Lt s*. Jun . 43. . . 80% ... In-1 TJ Tr ss. July. '33 45% ... ' Indpls Ab Cos 7%5. Sept . ’31.100% 103 Tnd Col At So 6s. Feb.. '4B. . . 07 100 : Indpls Gas 5* Oet.. '42 85% 87% ! Indole Lt k Ht s*. April. ’4O. 04 % 05 ! Indpls k Martinsville ss. ... 60 ... - fndpls North ss, July. '32. . . 53% 57% Indpls & N W ss, Mar.. '32. . . 52% 56 i Indole & S E 5s 40 | Indpls Shelbvville & S E Bs. . . 50 ... Indpls St Ry 4s 63*4 64% | Indole Tr * Term ss. Jan. '32 86% 89 1 Indpls TJ H R ss, Jan., 'OS. .. 95 Indpls UR R 4%5. May. ’2O. 95% ... Indol* Water ss. July, '3O . . . . 99 100 j Indpl* Water 4%5. Jan.. '4O. 85 80 ! Kokomo M& W ss, July. ’38.104% 105 I So Ind Power os, Jnn , '3l. . .101 ... ITHI&K ss, April. 45. ... 70 79 V, | U Tr of Ind 6s, '32 71 73 t ressed Beef Prices Wholesale selling priees of dressed beef. ! Swift k Cos.: Ribs—No. 2,18 e; No 8,14 c. i Loins—No 2. 240: No. 3,30 c. Rounds— No. 2. 17o: No. 3. 140 Chucks—No. 2. 12o; No 3,10 c Plates —No. 2, Be. In the Cotton Market By United Financial NEW YORK, May 10.—Cotton opened irregular. May, 20.06, up 6: July. 25.10, up 20: August, 24.02, off 18; October, 23 06. off 3
LIBERAL DEMAND FORCES HOGS OP Light Receipts at Market Centers Bolsters Orders, Hog Price* Boy by Day May 250-300 lbs. 200-225 lbs. 150-180 lbs. 10. 8.055i 8.10 B.lo® 8.15 B.lo® 8.15 11. B.lo® 8.15 B.ls ('it 8.20 8.20® 8.25 12. 8.15 8.15 8.15 @8.20 14. 8 10 8.10 B.lo® 8.15 15. B.oo® 8.05 8.05 8.06® 8.10 10. 8.06® 8.10 B.lo® 8.15 8.16® 8.20 Despite a large run of hogs at the local yards today, prices for hogs averaged 6 cents to 10 cents higher than on Tuesday, due largely to good shipping orders induced by light receipts at other primary markets. The market opened a full dime higher with bids for all classes at $8.15 and $8.20 for choice selected lights, but later steadied around a nickel higher at SB.IO, while a few heavies sold at $8.05. The bulk of the day’s receipts of 12,000 hogs. Including 1.078 holdovers, sold between SB.IO and $8.15. Sows and pigs held about steady. The cattle market was steady to strong In the face of unusually heavy receipts, estimated at 1,500 for the day. A good demand from shippers and packers was in evidence. Steers were selling around Tuesday's best price of $9.75. The calf market broke severely in the early trading, due to heavy receipts and a slumping Eastern demand. Choice veals sold down from $11.50, which was 50 cents to a dollar lower than on Tuesday and the bulk moved from $lO 50 to sll. Receipts. 1.000. The sheep and lamb market was normally steady on light receipts of 100.
—Ho** — 150 to 200 lba $ 8.15 ft 820 Medium 8 16ft 8.15 , Heavy 8.05 (jjj 8.10 ' Top 8.20 V\g* 75ft 7 25 Packing* nows 5.75 (ft 0 25 I —(Vittle— Few choice htorr* . . S 9.50 ft 10.06 Prim* <v>rr. fed uteer*. 1.000 to 1.300 lbs 9 00ft 050 Good so choice Hteero. 1.000 to 1.300 lb* 8.50 ft 900 Good to choice uterra. 1.000 to 1.200 lb* ft,ooft 8.50 j Good to chol.t> steera, 1,000 to 1,700 !ba 7.50 ft 8.00 Common to medium Hteere, 800 to 1.000 Ibe 7.25 ft 7.50 —Town and If elf ere— Choice lipht heifer* $ 8 50ft 9 25 Good Hrht hoi fern 7.00 ft 8 75 Medium heifer* 600 ft 7.25; Common heifers 5 00 ft ft oo < Fair cows 4 00ft 5 00 Cutter* 2.75 ft 3 25 Canner* 2.25 ft 2.50 —Bull*— Fancy butcher bu’Ls 5 s.oCft 5 50 Good to choice butcher bull* 400 ft 4.25 bologna hail* 3.76 ft 4 50 —Calve*-—• Choice real* sll.Ooftll 50 Good veal* lo OOft 11.00 Medium \-eala 8 On ft 9 00 Light weight veal® 70ft 8 .00 Heavyweight veals 7.00 ft 7 60 Common Uoavte* o.ooft 7.00 Top 1150 —Bheep and lamhs— Cull* 5 2.25 ft 3 25 j Good to cho1(“c ewe* , , 6 00 ft 0.50 Few choice iamb* 1 2.00 ft 15 00 Heavy lambs 10 On ft 12.00 Cuii lamlxi 9.00 Other Livestock By United Financial CHICAGO M *y 16—Hog*—Receipt*. 18.000: market, strong to 10c higher, big ' packers bidding stead.-'; top. $8.06- bulk. $7.50 @7.96: heavyweight*. $7.35 @ 7.00: : medium-weigh t, $1.70® 805 light, $7.05 @ 8 05; llgh* light* s6.B'. ft 7.85: pa. king row*, rough, $6.0@7.?5; packing * >*. smooth. $,[email protected]: ki'ltng pig*. s6® 7.50.; Cattle—Receipt*. 7.000. market, beef op-er* , ; yearling* ana heifer* uneven, largely 10® I 25c higher; several loads handyweight steers. I $10610.39: bulk. $3.50®0.75; beef cow*, utrong to 15c higher, veal calve*, strong to 1 25c higher bulk venter*, top packer*. slo® 10 25; stocker* and feeder* slow; other classes steady. Sheep—Receipt*. 11.000: market feeder lab*, active. uneven. but sharply higher: best in fleece, sl7: choice ; lightweight clipped. $16.00: California spring*, steady to strong: several decks. 1 $17.25; sheep, steady KANSAS CITY. May 16—Cattle—Receipt*. 9,000 Calves—Receipt*. 1,500. Ben fsteers and she stock steady to lower. Early top steers, $10: some held higher; bull* steady to weak, calve* steady to 50c higher; lest vea'.or*. slo® 10.60: stockers weak to unevenly lower. Feeder* steady to | weak. Hogs—Receipt*. 12.000; very slow: low 180-230-lb. butcher* to shipper* and trailers at $7.75 are steady; packers holding back; fed bid 6@loo lower: $7.06 bid for medium weight butcher*: packing sow* steady to 10c higher, bulk. $0.35 Sheep— j Receipts. 0.000: lambs strong to 15c higher; wooled itiilne. sl6-25: clippers. sl4; spring lambs sharply higher: California, j $10.75: sheep steady. 10c higher, shorn Texas wethers. $7.85. EAST BUFFALO. May 10—Cattle—Receipt*. 125 market, active, steady, shipping steers, $9 50® 10.50: butcher grades. $7.2a • 8 75: cow*. $2.50 @7. Calve* —Receipts, 150; market, active, steady; culls to choice. s4@l4. Sheep arid lamb*—Receipts, 200; market, active: choice lambs, sls® 15.40: j cull to choice. s9® 14.50; yearling*. s9® . 13. sheep $3 @0.50 Hogs—Receipts. 2 400 market active, 10® 15c higher; corkers. $8.25® 8.75: pig*. $8 a S 25; mixed. ; ’ $8 65® B.7ft. heavies. $8 2510 0 05: roughs, [email protected]; stag*. s4@s. EAST ST. LOUIS. May 16.—Cattle—Receipts. 2.000: market, strong to 15c higher; i native beef steer*. $8 15@0: cow*. s6@7:l runners and cutters, $2.75@3 75; calve*,! $10.50® 10.75. Hogs-—Receipt*. 17,000:1 market, steady to 5c lower: heavy. $7.05® 8.05: medium, $7.75® 8.10; light*. $7.65® I 8.05; light light*. $0.50® 8: packing sows. $6.10 @ 0 ,36 pigs. $5.50® 7.25; bulk. $5 90; @B. Sheep—Receipt*. 2,500: market,; .steady, ewe*. $5.5007.25: canner* and cutter*. [email protected]; wool lambs. $12.50® ; i 14 00 PITTSBURGH, May 10—Cattle —Receipts. I 'light; market, steady: choice. $9.50® 10; I good, [email protected]; fulr. S7.SS@B: veal ! calve*. sll @11.50. Sheep and lambs—-Re- : relpts. light: market, steady; pdltne wethers, i $8.0008.75: good. [email protected]; fair mixed, i s6® 7.35: lamb*. $14.75015. Hog*—Re- ! eeipte. 20 double docks; market, Bteady; prime heavy. $8.1508.25: medium*. $8.65® 8.75; heavy yorker*. $8.650895: light i yorkars, $7.7508.05; pig*. [email protected]; i roughs. $5.50® 8; stags, $3 500 4 1 CINCINNATI, May 16.—Cattle—Receipt*. 1700: market steady, strong; shippers, s9® j 9.50. Calve*—Market strong at yesterday's ! clone; extr.ijf. sll @l2. ltog*—Receipts. ! 4,500: market steady. 5c higher: good or j choice Packers, $8.26. Slleeje—Receipts, P 00: market, strong: extra* $0 0 0.50. i Lamb*—Market strong. 50c higher; fair to j good. sl7 0 17.50. RETURN OF WINE IS DEMANDED IN COURT I fins Caito Moves to Obtain liquor Seized by Police. Return of 140 gallons of wine manu- | factored in 1914 and seized by police three months ago is demanded in a motion filed in Criminal Court today by Gus Caito, 504 S. Alabama St., a fruit dealer. The proceedings were instituted under the recent decision of the Indiana j Supreme Court, that mere possession I of intoxicating liquor is not illegal. Caito was found not guflty of oper- ! ating a blind tiger by Judge James S A. Collins in Criminal Court. Local Wagon Wheat Local mills are paying- $1.23 for No. 3 f red wheat. / A Powerful System of Trading with no margin calls "again proves a lifesaver." Now York Stock Exchange Issue* Our Free Booklet shows yon how I EBEL & COMPANY I 20 Bread Street. Wew Yark.
REBEKAHS LAY CORNER STONE Children's Dormitory to Be Erected During Summer, By Times Special GREENSBURG, Ind., May 16. The corner stone of the new children’s dormitory to be erected by the Rebekahs this summer was laid today. The building will be in commemoration of Schuyler Colfax, founder of the degree. Valetta Kimmell, president of the Rebekahs, will be in charge of ceremonies. The principal address will be made by Herdis F. Clemens. Kendallville, grand master of the Indiana I. O. O. F. The building, two stroies in height, will be constructed of brick and concrete. It will be 120 feet long and DO feet wide. Cost, including furnishings, will be more than $100,060.
STATE WILL DEFEND 2CENT TAX ON GASOLINE Suit in r>t. Joseph County Raid to Question Constitutionality. Defense of the new two-cent gasoline tax law will be prepared under direction of Attorney General U. S. I.esh. it was announced today by Robert Bracken. State auditor. Dispatches from South Bend report filing of a suit in the St. Joseph County Superior Court attacking constitutionality of the new law. The suit was instituted by Bruce Gafill, manager o? the Gafill Oil Company. Gafill alleged the tax would he discriminatory and unfair to consumers. The new law becomes effective June 1. Marriage Licenses P M. Head. 25. Twenty Thin! St And Marlowe Ave.; Helen Hauck, 21, 3335 School James Neeley 49. 220 W Eleventh; < Mamie Neeley. 42. 1523 Hrooker. Jwo Davi*. 32. 1102 N Senate: Louise Marshall. 19. 340 Middle. A A. Deiwr, 53, Pew Moines. Iowa: Epple Lawrence. 41. Claypool Hotel. Frank Newman, 32. 511 Smith Lane; Iv M u run 33 321 8 Rooaevel t. P H Tandy 34. 3118 Central; Ethel Steward 27. 1321 W Twenty-Sixth. C \v Handy*. 30 3118 Central; Lol* Schmoe. 22. 43*2 9 Oakland. Births Girls Tame* and Ruth Lam *ert. 2705 9 EaetArn. J-* t>h nd Phoeba Mas.ner, 447 N. Berwick Charles and Virginia Havens. 28ifl E Vermo n t Sidney and Olive Roae. 1360 W. TwentyEiKhth Raloh and Gladys Keller. 943 Udell. Hoy* Thomas and Opal Smith. 2104 Olney. Martin and Eve Reedy. 347 Douglas !t4L*ert- and Edith Roger*. 902 N. Lynn John ami Flora Padden. 1222 Bellefontaine \ Carvl and Hnrrtet Laut. 6935 University. 'Kdwurd and Franoee Krae7,tg. 1537 Kelly. Leo raid Minnie Weiaaenberg. 1126 9. Illinois Victor and Bertha Alkiro. 422 E Pratt. Deaths Dorothy E. Jewell, 2429 Phrlver. inanition. Julia A. Gnman, '.9, Homs of Good Shepherd. pneumonia William H Dtok*. 83, 2221 Eastern, chronic cywlul* Rjiwrt Emerson Dcnsfcrrl, 18. Long Hoepit il. chronic parcnchyraatou* nsphritl* Alfred K Be.ird 50. 645 Temple, cerebri! hemorrhage Anna K.-i'coci Moore. 46, 1908 N. Capitol, chronic myocarditis. May Ahby, J 5, Methodist Hoepltrti. lobar pneumonia. Fiahel! Fishman. 70. 131 W. Morri*. Iota? pneumonia. Ralph W S-roctor, 25, 1632 Quill, tubercular meningitis . Hayes Brown. 47. 2030 MartlndaJe. pulmonary tuberculosis. Martha Dnrrett, 35. dty hoapltai. tubercul.it mcninglti.s. Building Permits J A Harvey, rcroof. 2954 Kenwood. $250. J D. Irvin, rcroof, 1116 Hroadwa.i, S3OO. Puritian Bed Spring Company, addition. 002 Kentucky. SSOO. B. H Boss dwelling. 4003 N. New Jersey, SB,OOO. L A Hartman, dwelling. 4142 Rockwood. 54.000. Indianapolis Water Company, addition. 2806 E. Michigan, $2,000. M I."*aaap*ky. addition. 940 8 Meridian. $2,850. Realty Finance and Rutkling Company dwelling. 25 N. Mount. $4,000. Realty Finance and Building Company, dwelling. 2454 Madison. $4,250. Gertrude Friedman, addition. 1429 8 Meridian. $2,000. !i. Gressen Pritchett, dwelling, 1405 E. Southern. $3,615. Ernest Shearer, garage, 2950 N. Temple, S3OO. A W Bowen, garage. 935 Ft Wayne. $40,000. Harry Moore, garage, 1921 Beliefontalno. $250. Standard Oil Company, store. 1537 Wilcox. 5400 Poster Advertising Company sign. Columbia and C C. C St Louis. S3OO. General Realty Company, wreck, 517 N. Meridian. S2OO. Benjamin Neville, dwelling. 1046 Goodiet, $2,500 C. H Chamberlain, dwelling. 2202 N. Ia Salle, $4,081. W. H Coleman, garage. 3512 N. Illlnola, S2OO. W H. Coleman, garage, 230 W. ThirtyFifth. S2OO. Albert Leihg. rcroof. 3953 Graeeland. $250. Harry L Seilken, rcroof, 3017 Park. $275. hi Gerber, dwelling. 244 Blue RUlge ltd., $7,500 M. M. Martin, garage, 261 Eastern. S3OO. Republic Refining Company, station, 115 E. New York. $1,175. Melvin F. Jones double, 1606 Villa, $7 000. Haven* and Geddea Company, cablea, 203 S. Meridian, S2OO. Methodist Hospital, cables. 1602 N. Capitol. S2OO. Emma C. North, raroof, 510 E Thirty. First. S2OO. Frank Doyle, reroof. 2136 N. Pennsylvania. $240. Bertha D Plonghe. garage, 855 Northview. SSOO.
f‘ ‘Keep Your Money Where |||*| You Can See It’ ’ ff In investing in Central Indiana Power Cos. 7% cumulative non-taxable preferred stock you are putting j your money into the most basio industry of your A community and its surroundings. Light, power and ■ 0 heat are absolute essentials, and the earnings of these jg jg companies come from the sale of these essentials, the £ demand for which is continually increasing. Far Value, SIOO. Price now, $92.50. Net Return Better Than 7.50%. IThis stock Is being sold by the companies named below and their employes. Ask any member or employe for particulars. Let a them explain to you In detail the value of this investment .. Merchants Heat and Light Company if |(jj And six other successful Hoosier Electric X|j Companies owned and operated by the 0 CENTRAL INDIANA POWER CO. j| A SAFE HOME INVESTMENT
ENGINEERS NAME THREE TICKETS FOR ELECTION Threo Slates Nominated for Balloting May 24. Throe tickets have been nominated for the annual election of officers of the Indianapolis section of the American Society of Mechanical Engineers at the Columbia Club, May 24. The slates: No. 1. chairman. O. E. McMeans: vice chairman. Edward Mayo: secretary-treasurer. George R. Popp Jr.; executive committee. pTof. G. A. Young. Daniel B. Luten. Second slate, chairman, Theodore Weinshank; vice chairman. O. N. Pruitt: secre-tary-treasurer. George R. Popp Jr.; executive committee, George M. Bartlett, L. M. Wainw right. Third slate, chairman, T. Neil Wynne; vice chairman. A. A. Potter; secretary-treas-urer. George R. Popp Jr.; executive committee. Theodore Welnshank, W. D. Hammerstadt. CITY BONDSMEN BARRED Dominic Palamaro Put on List by Judge Wilmeth. The name of Dominic Palamaro today was placed on the list of professional bondsmen barred from signing bonds in the turnkey’s and matron’s office by order of City Judge Delbert O. Wiimeth. Palamaro signed the bond of John Farrell, 119 E. Vermont St., who failed to appear In city court Tuesday to answer a charge of operating a blind tiger. The $1,500 bond was forfeited. Judge Wiimeth said Palamaro’s name would remain on the barred list until the forfeited bond was paid and the defendant produced in court. Farmer Loses Arm By United Press PRINCETON, Ind.. May 16.—John Utley, 40, farmer, suffered the loss of 1 his right arm when his hand caught in a feed grinder.
I BUY AND SELL
LIBERTY BONDS 415 LEMCKE BUILDING
MifoiAain 9 "THE WEAR IS THERE^ Easily-applied, BRIGHTON STAINS @are most economical to use. One stroke of the brush both stains and varnishes, giving an absolutely nev surface that wiU “Zv stand hard wear. (1J Brighton Stains are made to match the j different finishes of furniture, floors and Wrt 1 A / other woodwork. See our dealer near _ <3 you. His color charts and samples may ife Paint dC Color Company \g\¥j iii|| 23 INDIANAPOLIS, IND. Reinvest Victory Funds All Victory 4?4% bonds mature and will be paid on May 20. Interest stops on that date. Avoid loss by presenting* your bonds at once. Continue your income by exchanging for other Good Investments which we offer. Our large list of well-chosen securities offers opportunity to select issues suited to your individual requirement. Fletcher American ©Company Second Floor Fletcher American Bank Building, Indianapolis. Chicago Detroit Louisville South Bend Private Telegraph Wire to Principal Financial Markets
INDIANA DENTISTS HOLD CLINICS AT ANNUAL MEETING Dr, F, A, Hamilton of Indianapolis to Be Next President of Association, The third day of the Indiana State Dental Association’s sixty-fifth annual convention continued today with four clinics and visits to the Riley Room at tho Claypool, where an exhibitor's clinic Is being held. Dr. C. A. Furrew of Tulsa. Okla., discussed “Better Par tlal Denture Construction,” and Dr Albert L,. UeGro of Detroit. "Porce lain Jacket Crowns..” Dr. F. A. Hamilton of Indianapolis was elected president Wednesday evening to take office next May at the annual meeting. Dr. Charles A. Priest of Marion, Ind., elected last year, is presiding at the convention. Dr. C H. McKittrick of Indianapolis was elected as a member of the hoard of dental examiners, Wednesday, with Dr. jJohn Hale, Mt. Vernon, and Dr It. R. Gills, Hammond. Other offi cers were to be elected late today. This afternoon a meeting of all component secretaries with Dr. A. J. Kimm, Evansville, secretary of the association. was scheduled, to be followed by lectures by Dr. LeGro, Dr. Carl D. Lucas and Dr. Otto U. King.
11
Newton Todd
