Indianapolis Times, Volume 35, Number 8, Indianapolis, Marion County, 21 May 1923 — Page 11

MONDAY. MAY 21,1923

CALIFORNIA PETE .PROVES FEATURE OF EARLY TRADE Stocks Generally Hold Fairly Firm While Some Advances Are Scored, The WALL STREET JOURNAL NEW YORK. May 21.—Stocks were steady and moderately active at the opening of the Stock Exchange today. California Pete, which led the rally toward the close Saturday, receded. but soon regained the loss, while rails gave a better account of themselves. Steels were quiet, though Bethlehem showed a fractional gain at the starts U. S. Steel dropped to its previous low of 96%. First Hour Except for the advance of 1% points for California Pete, early trading developed no features. Steel recovered its opening prices but other Issues recorded only minor changes. The opinion of many leading bankers is that the 1 to 3 point drop in the stock market has fully discounted the slowing up in business now under way. 0 Second Hour Trading slowed up as the morning wore on and shortly before noon pressure was again applied and another sinking spell ensued. Steel common broke to a further new 1923 low and new lows on the move were made by Corn Products, Consolidated Gas and other representative issues. Shorts In California, Pete, however, had an uncomfortable time as that stock did not follow the general market trend. Noon Hour $ The bear raid begun in the late morning continued unabated through the noon hour, Steel, Studebaker, Chandler, American Car and Foundry. Consolidated Gas. Kelly-Springfteld and other representative issues being depressed to new 1923 lows. Only feeble attempts at a rally were made as continued offerings were brought into the market. Fourth Hour Hammering of professionals was continued into the afternoon with the result that the reaction spread throughout the list to include rails, some of which broke to the lowest figures seen last November. Sentiment concerning the rail situation remained pessimistic due to reports of diminishing industrial operations in many centers. Closing Hour Most of the pressure exerted against general list throughout the greater of the days' market session was so obviously of professional charcater that experienced traders in the final hour predicted a sharp rally in the event current conditions prove to be a temporary pause to be followed by another boom in autumn.

Foreign Exchange By United Financial NEW YORK, May 21 —Foreien exchange op-gf*i steady. Sterling:, demand. $4 62 % ; cables, $4 6.3. Francs, demand. 6.66 c; cables. 6.67 c. Lire, demand. 4.86 c: cables. 4 86%c. Belgian, demand. 5.74 %c; cab.es. 5.75 c Marks, 49 .3.33 to the dollar. Czecho. demand. 2.97 %c: cables, 2.98 c. Swiss. demand. 18‘>l%c: cables, 18.03 %c. Guilders, demand. 30 1.3 c; cables. 39.16 c. Pesetas, demand, 15.24 c; cables. 15.20 c. Swede, demand. 26.00 c; cables, 16.33 c. Norway, demand. 16.29 c: cables. 16.33 c. Denmark, demand, 18.58 c: cables. 18.62a Raw Sugar Market By United Financial NEW YORK. May 21.—Raw sugar opened lower. July. 6.33ft6.37c: September. 6.40 Q 6.42 c: December. 5 94c: March. 4.72 ft 4 75c. The raw market was quiet and there was an absence of features over the weekend In both raw and refined. In the Cotton Market By United Financial NEW YORK. May 21. Cotton opened hismer. May. 27,15 c. up 2.3; July. 25.55 c. up 12; October. 23.18 c. up 8: December. 22.75 c. up 5: January. 22.53 c. up 11. 39 LEGAL N OTIOES (Concluded From Preceding Page) NOTICE TO HEIRS. CREDITORS. ETC. In the Probate Court of Martor. County. 51 ay term. 102.3. In the matter of the estate of Mary E. De Hart, deceased. #Hart. decease,!. No. 60-19075 otice is hereby given that Joseph E. De t as administrator with will annexed of mo above named estate has presented and fined his account and vouchers in final settlement of said estate, and that the same will come nr, for tin examination and action of said Probate .-ourt. on the 16th dav of June. 1923. at which time all heirs, creditor* or legatees of said estate required to appear in said court and show cause, if any there be. why said account and vouchers should not be approved. And the heirs of said estate are also required to appear and make proof of their heirship. ALBERT H. LOSCHE. Clerk. WOODBURN MASSON. Attorney "“NOTICE TO HEIRS. CREDITORS. ETC. In the Probate Court of Marion County. May term. 1923. In the matter of the estate of Manerva Shearer, deceased. 6.3—20067 Notice is hereby given that John H. Hendrickson aa executor of the above named estate has presented and filed his account and vouchers in final settlement of said estate, and that the same will come up for the examination and notion of said Probate Court, on the 16tii dav of June, 1923. at which time all heirs, creditors or legatees of said estate required to appear in said court and show cause, if any there be. why said account and vouchers should not be approved. And the heirs of said estate are also reouired to appear and make proof of their heirship. ALBERT H. LOSCHE, Clerk. SALEM D. CLARK. Attorney. NOTICE TO HEIRS. CREDITORS. ETC. No 30—10570. In the Probate Court oi Marion County May term. 1023 In the matter of the estate of John C. Shipley, deceased Notice W hereby given that Frank J. Hall, as executor of the above named estate lias presented and filed his account and vouchers in final settlement of said estate, and that the same will come up for the examination and action of said Probate Court ou the oth day of June, 1923. at which time all heirs, creditors or legatees of said estate required to appear in said court and show cause, if any there be, why said account and vouchers should not be approved. And the heirs of said estate are a iso required to appear and make proof of their heirship. ALBERT H. LOSCHE. Clerk. NOTICE TO HEIRS. CREDITORS. ETC. No. 56—17514. the probate Court of Marion County. May term. 1923. In the matter of the estate of Dallas Tyler, deceased Notice is hereby given that Fletcher Savings and Trust Company, as executor, of the above named fstate has presented and filed his account and vouchers in final settlement of said estate, and that the same will come up for the examination and action of said Probate Court, on the 9th day of June. 1923. at which time all heirs, creditors or legatees of said estate required to appear in said court and show cause, if any there be. why aid account and vouchers should not be aa•iroved. And the heirs of said estate aa also required to appear and make proof 4ft their heirship. ALBERT H. LOSCHE. Clerk. ■

New York Stocks (By Thomson A McKinnon.) —May 21—

Railroads— Prev. Open. High. Low. close. Atchison ... 98% 98 98% 98 B & 0 07% 46% 46% 47% Can Pac 16% ... 160 161% CRI&P... 28% ... 26% 28% Del & Hud..110% ... 110% ... Gt Nor p... 70% 70 70% 71 Lehigh Val.. 60% 00 60% 60% L & N 90 ... 89 89% N Y Cen 94 88% 93 93% Nor Pac 71% ... 76% 71% Per &W Va 44% 44% Reading: .... 73 ... 72% 72% So Pac 89 ... 88% ... St P pfd 35 34% 35 35% StL&SWp.. 56% 55% 66% 57 Union Pac..134% 133% 134% 134 Wabash pfd. 27 ... 27 27 Rubbers— Goodrich Rb. 31 30% 31 Kelly Spg... 47% .... 44 47% U. S .Rub... 62 50% 50% 51 Equipments— Am. L0c0...135% 133 133 134% Bald. L0c0..127% 126% 126% 127% Gen. Elec... 173 173 Lima Loco. . 04 63 63 63 % Pullman ...118% 118% West. Elec... 54% 53% 53% 54 Steels— Bethlehem .. 54% 53% 53% 54 Crucible 60% 64% 04% 60% Gulf States.. 82% 81 81 82% Rep. I. & S. 49% 48% 48% 48% U. S. Steel.. 97% 95% 90 97 V a uadi urn ..32 30 % 31% Motors— Am. B. Mag. 39% 39 40 Chand. Mot. 62% 60% 61 61% Gen. Motors. 15% 14% 15% Max. Mot. A. 47 46% 47 46% Max Mot b. . 16% ... 10% 10% Studebaker. 110% 108% 108% 109% Strc-mberg ... 08 % 08 % Stew-Wam... 85% 84% 84% 84% Timken 89% ... 39 39% Dome Mines. 37Vi ... 35% 37 Tex G & S.. 01% ... 01% 01% Oils— Cal Pet 98% 95 98% 97% Ctsden 43% 45 45% 46 Hcus OU 54% ... 64% 54% Mar Oil 44% ... 44% 45%

CHICAGO GRAINS CLOSE STRONGER Oats Goes Counter to General Trend, Closing Weak, By United Financial CHICAGO. May 21.—Grain prices, after remaining weak throughout most of today’s trading on the Chicago Board of Trade, rallied toward the close and regained early losses. Wheat and corn showed a gain, while oats closed fractionally lower. Heavy decreases in the visible supply of all grains coupled with unfavorable growing conditions in sections of Kansas, caused the advance in wheat. Reports from Russia that that country was offering grain to Germany considerably under American prices caused the early weakness. Oats lacked feature. Despite the rally in other grains, oats prices were sluggish at the close. Buying by packers caused provisions to strengthen after showing early weakness. Chicago Grain Table WHEAT— Prev Open. High Low. Close dose. May .1.17% 1.18% 1.17% 1.17% 1.17 Mr July .1.16% 1.16% 1.15% 116% 1.15% Sept. .1.14% 1.14% 1.13% 1.14% 1.14 CORN— May . .79% .80 .79% .79% .80 July . 79% .70% .78% .79% .79% Sept . .78% ,78% .77% .78% .78% OATS— May . .42% .42% .43 .42% .42% July . .42% .42% 41% 43% 42% Sept. . .40% .40% .39% .4040% LARD— May .11 00 11.05 10.97 11 05 11 02 July .11.12 11 20 11.07 11.20 11.17 Sept .11.37 11 42 11 32 1142 11 42 •May 9 15 9 10 July .9.17 926 9.12 925 9.20 Sept. .9.37 942 932 042 9.40 RYE— May . .76% 70% .70% .70% .70% July . .79% 79% .78% .78% .78% •Nominal. CHICAGO. May 21.—Prima4y receipts: Wheat. 835.000. against 1.933,000: com, 405.000. against 999.000: oats. 051.000, against 958.000. Shipments Wheat. 1.510.00, against 951.000: corn. 301 000. against 828.000; oats, 561,000. against 1.336.000. CHICAGO. May 21.—Car lot receipts; | Wheat, 22; corn. 21: oats, 71; rye, 1: bar- ' ley. 3. CHICAGO. May 21.—Wheat—No. 2 hard. $1.19% ft 1.20%. Corn—No. 1 yellow. 83%e: bo. 2. 82%<383e; No. 2 mixed. 81c; No. 1 white. 81 %c; No 2. 81%ft82e; No i3, 81c. Oats—No. 3 white. 43%@44%c: No. 4 41 %ft 44c. Barley—o7B7lc. Rye I —7Bc. Timothy—ss.soß 0.25. Clover—j $12817-

Grain Briefs

CHICAGO. May 21.—The winter wheat crop west of the Missouri River ha* not stooled properly due to the cold weather Instead of a bunch of stalks there is merely a spindle. The crop, developing late, will be subject to hot winds from the southwest during the latter part of June. Farmers are holding only about 10 to 15 per rent of the corn crop In Illinois and lowa, according to figures here. Points that usually ship corn at this season are buying supplies to meet their own needs. Wheat is Just commencing to head in southern Kansas and the harvest is expected to start at least two weeks later than normal. A good demand for com continues from domestic buyers, but there has been little buying by export interests recently. Com planting has been delayed nbout three weeks in the leading northern States. Some of the early planting haa rotted in the gTound. Oats cutting has started in a small way in southern Texas While the South Is buying considerable oats, the Eastern demand is below normal. Local Wagon Wheat Local iiills are paying $1.23 for No. 2 red wheat Cloverseed Market Cioverseed was Quoted s7® 10 a bu. in Indianapolis today. VETS PLAN CONVENTION IkH-al Chapter of Rainbow Division Association Meets Wednesday. Important business will be discussed and announcements of the final plans for the State convention of the Rainbow Division Veterans Association at Martinsville Friday and Saturday will be made at the weekly meeting of the local chapter Wednesday at 6 p. m. in Superior Court. Members in charge of the State convention are preparing for 1,000. DINNER FOR MISSIONARIES Westminster Church Soeue of Entertainment for Assembly Visitors. Foreign missionaries attending the Presbyterian General Assembly are invited to a dinner in Westminster Presbyterian Church this evening. They will assemble at 5:30 p. m. before Tomlinson Hall, and will be taken by automobiles to the College of Mlsssions for a brief visit, and then to the church.

i :45 Prev. High Low n. m. close. Pan-Am Pete 71% 70% 70% 70% P-Am Pete ‘B’ 66% 65% 65% 66% Pac Oil 38 ... 37 37 % Phil Pete 47% 47% 47% 49 Pro & Ref.. 43 % 43 % 43 % 43 % Pure Oil 50 ... 40 % 49 % Royal Dutch 50 ... 49% 49% Stand Oil Cal 52 % ... 51 % 62 % S. Oil of N. J. 34% 34% 34% Sinclair 30% 30 30 30% Texas Cos. . . 45 % .... 45 45 Coppers— Am. Smelt... 60% 65% 66 55% Anaconda ... 45 % 44 % 44 % 45 % Kenneseott ...38% 30Vi 30% 30% Utah Cop ... 64 Vi ... 04 64 Industrials— Allied Chem. 67% 65% 67% 66 Advance R.. 12% .... 12% .... Am. Can 93% 92 92% 93 Vi Am Ice 92 % .... 90 92 Am'. Woolen 88 Vi 87 87% 88% Cen. Leather 26 Vi 25% 20 25% Coco Cola 75 74 % 75 75 % Cont. Can.... 45 44% 44% 47% Fam. Players 75% 74 74% 75 Inter. Harv.. 81 79 14 80% Mont & Ward 20% 19% 20% Nat. D. Stores 38% .... 38% Owen Bottle. 42 ... 42 42% Sears-R0e.... 73 % 72 % 73 74 U. S. R. St.. 75% . . 75 75% U S Ind A1 64% 52% 53 55% Am T and T. 122 121% 122 122 Consol Gas... 61 50% 59% 00% Col Gas 101% 100% 100% 102% People's Gas. 91 90 90 90% Shipping— Atl Gulf 18 ... 17% 18% Int M M pfd 31 ... 30% 31% Foods— Atper Sugar. 71 71 71 72% Am Bt Sub .... ... 37 % 38 % Com Prod ..129Vi 126% 126% 120% Cu Cn Su pf 52% 51 51 62% Cu-Am Sug.. 32 30% 30% 31% Alegre 61% 60 Vs 60% 61% Tobaccos— Am-Sumatra .25% 24% 24% ... >m Tob Cos .144 141 141% 144 Tob Prod.. 80% ... 80 80%

Business News

NEW YORK. May 21.—The Wall Street Journal today carried an article In which the author. C. W. Barron, head of the publication, says that Germany has $1,000,000.000 In gold credits in the United States. The statement Barron credits to a wellknown international hanker, whose name is not mentlonew. The article further sayH that Germany today is the most prosperous nation in the world: that she has built up national ownership by foreign investments and that by paying her labor in depreciated paper and taking payment for finished products in foreign credits is constantly adding to her wealth. NEW YORK—Second quarter sales of Studebaker cars will exceed 40,000, according to President Erskine. and net profits after taxes are expected to be between 10 and 12 per rent on common stock. NE WYORK—Net income of the Westinghouse Electric Company for the year ending March 31. 1923, was $12,063,485, as shown by the company s annual report Tim dividend requirements were $6,033,428. which left more than $6,000,000 for addition to surplus. Current assets at the end of the year totaled more than $106,000,000 and current liabilities slightly less than $17,000,000. SAN FRANCISCO—A meeting of the A sociated Oil Company stockholders has been oallrti for July 10 to rensider an increase of capital stock Irom S4O 000,000 to $60.000.000, end the reduction of par value from SIOO to $25. The chief purpose of the Increased capitalization will be to provide stock to be offered to owners of stock in subsidiary rempamee. CHICAGO, May 21.—Butter—Receipts, 13,986; creamery extra. 40c; standards. 40 %r; firsts. 39%c: se< ords. 30'3 37 %e. Eggs—Receipts. 43.084 . ordinary firsts. 22% 823 c; firsts. 24% 8 25c Cheese—Twins. 22 ft 22 %e; Young Americas. 23 ft 23 %c. Poultry—Receipts. 2 ea-s fowls. 25c; ducks, 21c; geese 13c. turkeys. 25c; roosters. 12%c. broilers. 308 42c Potatoes—Receipts 284 cars new steady Florida barrels Spaulding rose No. 1. SK: No. 2, $5,50 8 5 75; No. 3. $3 83.25. Alabama Bliss Trl umps sacked No. 1 $5 No. 2. $3.25 it 3 50. CLEVELAND May 21 —Butter—Extra in tubs. 44%ft46%c: prints 45%ft47%e; firsts. 42% ft 44c: packing stock. 308 34c. Eggs—Fresh gathered northern extras. 29c: Ohio firsts. 25 %c western firsts, new cases. 24c. Poultry—Live fowls. 27 8 28c. fancy fat fowls, ':8 829 c; roosters, 15 '/110c; light fowl*. 24825 c; broilers. 48’ifi0c Potatoes —Michigan. $2412.15 per 150 pounds New York, $2.30 per 150 pounds; early Chios $1 9082 30 per 120 pounds; new stock. $7 @ 8 50 a barrel. NEW YORK, May 21.—Flour, quiet and easy pork, dull; mess. $27; lard, quiet: mid die west spot. 11 008 II 70c sugar, raw, quiet: centrifugal. 96 test. 8 16c; refined, quiet granulated. 9.50®9 90c; <-otfee, Rio, No. 7 on spot. 11% 012 c: tallow, quiet: special to extra. 7ft7%c: city 6%c; dressed poultry, quiet turkeys 25ft 12c; chlekens. !B®4sc: fowls. 14032 c; ducks. 208 27c; live poultry. Ann; geese, 120 10c. din ks. 15'n 30c; fowls. 30ft 32c turkeys. 20 8 35c; roosters 16c: broilers. 30 ft 50c. cheese, firm state whole milk, common to specials 18ft24%C. state, skints, common to specials. 10ft 18c; butter, weak: receipts. 8.580: creamery extra. 41 % ft 4l !-r; special market. 41 % ft 42 %<-; state dairy tubs, 37 ft 41c eggs, unsettled: receipts. Tl.'OO: nearby whites fancy. 37ft 40c: nearby state whites. 27 %ft 37 r fresh firsts to extras. 27% ft3lc:: Pacific coast. 31%038%0 western white, 28ft 37c: nearby browns. 32 ft 37c.

Dividends Today

NEW YORK, M.v 21.—-Dividends announced today include Railway Steel Spring—Regular quarterly dtvllends of 2 per cent on common and 1 % per cent on preferred stock. Common is payable June 30 to stock of record June 10 and preferred payable June 20 to stock of record June E. P. Du Pont de Nemours & Co.—Regular quarterly dividend of 1 % per cent on common and I % per cent on debenture stock, comon, payablo Aug. 1 to stock of record July 20 and debenture July 25 to stock of record July 10. LOCAL EPWORTH LEAGUES ELECT DISTRICT OFFICERS Convention ('loses With Installation Ceremonies by Dr. Harry King. Dr. Harry King, Indianapolis district superintendent of tho Epworth League, installed new officers of tho Indianapolis district Epworth League convention at the Edwin Ray M. E. Church. New officers: Frank M. W. Jeffery, Roberts Park Church, president; Wilma Tully. Garfield Avenue Church, first vice president; Thelma Hawthorne, East Tenth Etreet Church, second vice president; Helen Barrett, Edwin Hay Church, third vice president; Rosalee Baker, Broadway Church, fourth vice president; Daje Rummer, East Park Church, secretary; Gerald Powers, treasurer; Mrs. Don Lindner. Wesley Chapel, junior superintendent; Estle Fisk, Garfield Avenue Church, life work secretary; Russell McManus, Brightwood Church, north captain; Riley Fullen, Blaine Avenue Church, west captain, end Ora McDaniel, East Tenth Street Church, east captain. A meeting if the new cabinet win be held Wednesday night at the Y. M C. A. for selection of an editor. JETER FUNERAL TUESDAY Doctor Dies After Thirty-Year Residence in Indianapolis. Dr. FYank Jeter, 66, who died Sunday at his home, 2230 W. Michigan St., wil ibe buried Tuesday afternoon at Crown Hill cemetery. Services will be held at 2:30 p. m. at the home. Dr. Jeter had lived in Indianapolis over thirty years. He is survived by the widow, Mrs. Clarinda Jeter, and one daughter, Mrs. Anna Louise Trotter, of Indianapolis.

THE INDIANAPOLIS TIMES

HOGS CHOW DROP OF 5 TO J CENTS Liberal Receipts in General Accounts for Decline, Hog Prices Day by Day May 250-300 lbs. 200-225 lbs. 150-180 lbs. 15. B.ooft 8.05 8.05 8.05 ft 8.10 16. 8.05 ft 8.10 B.lo@ 815 8.15 ft 8.20 17. 8.00 8.00 B.ooft 8.05 18. 7.85 7.85 7.85 ft 7.00 19. 7.75 7.75 7.75 ft 7.80 21. 7.65 7.65 7.65 ft 7.70 Hog prices declined from 5 to 10 cents in trading at the local livestock exchange today, due to a slackened demand induced by heavy receipts at primary market centers and a fairly heavy run at the local yards. Early sales at $7.65 and $7.70 to shippers established the market for local packing interests which were inclined to hold back on buying. The bulk of the day’s receipts of 9,500, including 2,224 carried over from Saturday, moved at $7.65 or 10 cents below Saturday’s general market. Sows and pigs sold about steady. The cattle market opened strong on all grades with a good shipping and local demand in evidence from the start. Steers were in particular demand at prices ranging up to $lO. Receipts 1,000. The calf market opened strong and went 50 cents higher on initial sales of choice vealers at $10.50. The bulk of the receipts of 500 moved between $9.50 and $lO. The sheep and lamb market was strong to $1 higher, the advance having been made by spring lambs selling at sl6 as compared with sls on Saturday. Ewes were about steady. Receipts 50. —Hogs—--150 to 200 lb* $ 705 ft 7 70 Medium - 7.05 Heavy 7.65 Top 7.70 Pigs 6 2oft 6 75 Packing sows 5.25 ft 0.<9 ■■"f lift If Few choice steers $ RAOftIOOO Prime corn-feil steers, 1,000 to 1.300 lbs 000 ft 950 Good to choice steers. 1.000 to 1.300 lbs 8.50 ft 900 Good to choice (steers. 1.000 to 1,200 Itis B.ooft 8.50 Good to choice steers. 1 ,000 to 1.700 1b5.... 7.50® 800 Common to medium steers. 800 to 1,000 lbs 7 25ft 7.50 —Cows and Heifers—- . Choice tight heifers ... $ 8 50ft 925 Good light chi fees 7 00ft 8 7.. Medium heifer* 6 OOft 7.25 Common heifera :> .00 (it Fair cows 4 00ft 5.00 Cutters 2£nft 3.,0 Canners 2 25 ft 2.00 —Bolts— Fancy butcher bulls. . . $ 0 OOft 050 Good to choice butcher bulls 6.00 ft 5.50 Bologna bulls 3.7.>'i 4.->0 Choice veals $ 9 i O'rl 000 Good veals. 9 OOft 950 i Medium veils... 8, OOft o.}M> Lightweight veals ' 50ft 800 : Heavyweight veals ' ‘>''B 7.60 Common heavies 0 OOft , tK> Top 10.00 —Sliffp ami I.ivmb*—— Culls $ 2.3ft® 3 25 <mxi to choice • 5 ft .*() ! f>w choice larnha 13 OO lamb* 10 0013.00 Cull lambs 0.00

Other Livestock By United Financial CHICAGO .'lav 21 —Hogs—Receipts. 58 - 000: market, 10c to 20e lower, lop. 7 7.>. bulk. $7.25 ft 7-65: heavy weights. $7.15 ft 7.55; medium weight, $7 45 u. 7 50. light. s7.4oft 7.75 ; light lights. $0 73®7.,; heavy packing sows, smooth. $6 ;oft 0.90: packing sows, rough. $6u0.60. killing pigs. $607 15 Cattle—Receipts, 19.000: market mostly killing classes, strong to 15c higher; top. $lO 30; numerous lots. SlOft 10.40; best mixed yearlings. $lO 25. bulk beef steers an dyearlings. $9.75® 10.10; vealers, 25c lower; spots, more of other classes generally strode to strong Sheep— Receipts. 12.000; market-fed iaml>s. 10c to 25c lower bulk. $14.500 1-'. handy weight sheep strong, heavies. low-or: California ewes,'s7.76: yearlings. sl4. springers, steady to 15c higher: best California. $17.65. EAST ST. LOUIS, May 21 —Cattle —Receipts. 4,01(0: market, steady, strong: native beef stee.ru. $7.75 ft 9.25; yearlings and :,eifcrs. $8.15 ft 9.25: cows. soft 7; canners ana cutters. $2.75 i 3 75; /-alves. $9 2’sft9 50. stookers and feeders. $0.25(0 7 Ho^s— Rc eelpt 21.000 market slo w to lO'it li lower lieavy. $7.25 ft 7.50:; medium. 5? 40 ft 7.55: lights. $7.25ft 7.35: light lights. $0 50 ft 7 .>O. packing sow*. $5.75ft tl 10. pig*. $5.25ft 7 bulk. $7.50® 7.50. Sheep—Receipts. 3.000; market. 2./ft 50c lower, ewer. $5 25® 7 50; canners and cutters. $1.60® 4.75: wool lambs, s'ftp.ls. CLEVELAND, May 21.—Hogs—Receipts, 0 000 market steady to lOq lower Yorkers. $s <£B 05, mixed. s*; medium. SB. pigs. $7: roughs. $5.75®0 slags. S4. Cattle— Receipts, 1.1 #0 market string; food to ohotoe hulls. s7® 8 .good so choice steere, s9® 10; good to choice heifer*. s7® B; good to choice cows so® 7: fair to good cows. s4®o; common •■owe. s3ft4: milkers, S4O ft 80. Sheep and lambs—Receipt*. 900; market 50c lower: top, $14.50. Calves—Receipts. 000: market steady; top. $10.50. BEARS HAVE BUSY DAY IN CURB MARKET TRADE Prices in General Take Another Tumble—tills Attacked. By United Financial NEW YORK. May 21.—Prices in pfonerai took another tumble in the dull curb trading today. Ilmvover, the South American oils furnished a bright spot when they advanced in face of the decline in other sections of the market. s Durant Motors came in for a good deal of attention from the bears, but they succeeded in driving It down only about three points. During the late afternoon the stock sold at 39. against last, week’s close of 42. Peerless Motors was another one tha twas driven down early in the day, hut later recovered nearly all its loss. In the oils. Standard of Indiana lost a point and a half to 66, hut Vacuum held steady at a fraction above 45. Standard of Ohio lost 10 points to 280. GRADUATION ARRANGED College of Missions Will Have ThreeDay Program. Preliminary plans for three-day commencement exercises at College of Missions were announced today. The baccalaureate sermon will be given by the Rev. J. D. Armistqad, pastor of the Downey Avenue Christian Church, June 3. The future missionaries will be ordained at a service June 6 at 8 p. m. Commencement exercises will be at 11:15 a. m. June 6 .following a pageant on hte college grounds. A link and chain and ivy planting ceremony will close the exercises. Missing Driver Wanted Police today were investigating an accident on May 17 at Illinois ana Maryland Sts., in which John H. Crecraft of College Corner, Ohio, was seriously injured The Injured man was taken to the Methodist Hospital at that time by the man who struck * him. He said his last name was “Jones” of Rushvillet, Ind.

WHEN MILLIONAIRE SCORNS worn (Continued From Page 1) learned he had started suit against his wife “I am told Mrs. Stillman believes it was I who put into his head the idea about divorce. That is not true.” Separated After Divorce Mrs. Leeds declared her own separation from the banker came simultaneously with his divorce action against Mrs. Stillman. Then came the defense charges, naming Florence Leeds. ‘‘He begged me to shield him; not to go on the stand. And so I went away," Mrs. Leeds said. “I am the only one who can protect your boy,” he wrote me. “I believed him. did as he wished, moving from place to place, on trains and off again by the other side, to evade pursuit. I fled to Havtna, to Albuquerque, N. M., to a dozen places with seventeen detectlvts looking for me. The reason they never found me, I believe, is that I was a different type from the woman whose descriptions they had been given. They were looking for someone answering the description of the real ‘other woman.’ “As long as I was of use to Mr. Stillman he continued to support me and my child.” A year ago, when the Stillman case came to an end, Mrs. Leeds said, Stillman stopped the support of her child and ceased to communicate with her. The last letter she received from the banker wan written April 19, 1922. It was affectionate in tone, spoke‘of the baby, and expressed hope that “everything soon will be straightened out.” she said. Broke With Her One month later, she said. Still ntan broke with her definitely. “I have waited for a year, hoping to hear from him, thinking he surely would do the right thing for his boy,” she continued. “From that day to this, I never have heard from him. “In October, of lost year. I wrote a final appeal. I received no answer.” Such was Florence Leeds' story, and she added a postscript, In her own handwriting, saying: “Like a strong blade of grass, I was swept down by the storm; but now I have come up again out of the darkness into the light of my hoy's eyes, my boy, whom Ido net look upon as a sin. but as something God has loaned me to care for and I am sure that I can—alone."

Marriage Licenses J L. Hall. at. ShelbyviUe; 7-eIUe Hermon, 23, Shelbyvltlp K D Patton 20. English, Ind.; Alberta Ott. 21. 231 N Areenal J. M Bin-ton. 24 Munde: Florenre Knotts, 19. 424 M aaeachusett* G. R Myers. 38. New Augusta. Ind.: Mane Settle*. New Augusta. Ind . age no*, stated Reid Brewer. 31. 20 W Walnut: Anna Spurgeon. 22. 4121 Eugene. C F. Schmidt 33. Hotel English; Eleanor Reynold*. 33. 1926 W Washington. it B. Pruitt 410 Irving PI ; Esther Swindle. 26. rity hospital* F E. Coyle. 22 1227 E Tenth: Dorothy Jeffers. 19 3124 Walker R R Johnson. 25. 417 $ Harding Vernlre Harris. 18. 417 8 Hardin* L C.<Brown. 22 2030 N Capitol Marine Smoyer. 22 304 N* Walontt W J. MoG ravel, 48, Atlas Hotel: Cora Haviland. 49. 1523 Centra:. R E. Kill*. 22. 536 9 Dayton: Edith Jenkins 20. 1530 Olive T M Shaw. 22. 2do Wilcox: Alice Thompson. 20. 638 N Traub. Joseph MrGloshan. 24 1400 9 Harding; Mario Morgan. 24. 2034 Cooper W H Dickey 40. 941 Indiana. Bertha Di-key. 33. 1441 Silver. Joseph Komencie. 33. 770 Arnold. Magdalena Mrak. 30, 915 Ket-ham Frank Douglas, 28. 3231 Park; Hattie Pompey, 20, 321 W Michigan R E. Hogerty, 27. 443 W. South, Sarah Sohmedle 10 443 W South. Frank Brookes. 20. 110 9. Elder; Nettle Gatewood, 18. 45 N. Mount. J. A MacDonald. 42. 25 W Michigan: Marie JVfere 31. Fifteenth and Central. W, J KellOW. 24. 840 N New- Jersey; : Frances Kurtz. 10. 1704 Ludlow W. M Rohbtn*. 22. 1441 Charles: Helen Owens 20. 532 Mareachudelta F L. Dickey. 25. 1119 9. Stale; Constance Gott. 21. 337% Virginia. Willie Chaplin. 21, 227 Spring. Marie Dastlp 19. 224 Spring I H Gibson 30. 000 K. Twenty Fifth; Velma Ptttemore 22. 1449 Montcalm C O Dutvan. .31. 2327 Ashland; Pearl Kerkhof, 27, 2327 Ashland. C F Finkbiner, 21. 11 W Fairehtld: Gladys Koons. 20. 1006 N Franklin .1 F. Cook. 4.3. Alexandria. Ind.; Mrs. Hazel Luca*, ,35. Columbus, ind. Births Earl and Sallie Stewart. 3914 E TwentySixth. .1 ••bn and Ruth Shailghnety. 310 Riley. Emory and Elvira James. 1208 Kelly. Roy and Jennie McCabe, Methodist Hospital Lloyd and Marjorie Wilson, Deaconess Hospital. Wilbert and Grace Updike. 1212 McLain. Charles and lierma Gibson. 1420 K. New York. Boys Archie and Alma Mitchell. 1629 Hoefgen. John and Lizzie Shepard, St. Vincent Hospital. John and Mary Stefanich, corner Jackson and Thirty-Seventh. Franklin and Francis Al>el, Methodist Hospital. Ervin and Edna Mtllhorn, Methodist Hospital. Robert and Maude Colo. Deaconess Hospital. George and Francis McNiel. 15.30 N Rural Adolphus and Janie Perkins. 24.38 Stuart. Henry and Ruth Holt. ,3LB N. East. Earl and Fern Thompson, 3800 E. Michigan. Deaths David L. Feney, 54, Deaconese Hospital, acute interstitial nephritis Ella Ross. ,39, city hospital, lobar pneumonia. Edtth L. Stevens, 88. 4.39 N. Wallace, carcinoma. Frknria M. Pitt. 70. 1841 Holloway, diabetes. William A. Spoon. 70. 2441 Dearborn, arterlo sclerosis. Harry A. Lorenz, 41. 603 N. Seville, carcinoma. Eliza Smith, 80, 1621 Central, lobar pneumonia. ' Mary E. Cole. 60, Methodist Hospital, carcinoma. James William Harshman, 01, 433 Kauffman f’l., diabetes mellitus. Eliza A Corlaley. 81, .3033 N. Delaware, chronic interstitial nephritis. Furry Jessie, 20, city hospital, broncho pneumonia. Riley Mink. 57, 2827 N. Station, cardnoma A'g-izo S. Koon, 68, 3229 Nowland, chronic myocardttis. Dortha E. Stinnett, 15, 941 Olive, valvular insufficiency. Aletha Wesoel la Grey, 6. 1514 Finley, tetanus. Elizabeth Wright, 52, Long Hospital, septicaemia. Frank W. Gamerdinger, 61, 619 N. Davidson. acute dilatation of heart. Hr>*v Rundberg, 49, 941 Union, angina pectoris. Nan -,v Jane Farner, 52, Deaconess Hospital, carcinoma .Vice Finch. 71, 2215 Park, broncho pneumonia. ANDERSON Coroner Helbert, gave a verdict of suicide in the death of Dr. Ray Shirley. A quarrel with an ex-sweetheart probably the act, the coroner said.

EYES OF BRITAIN TURN 10 WELSH LEADER IN CRISIS Curzon or Baldwin Mentioned as Successor to Bonar Law, By United Press LONDON, May 21.—Great Britain sought a leader today. Political opinion was about equally divided between Marquis Curzon, foreign secretary, and Stanley Baldwin, chancellor of the exchequer, as the man to succceed Andrew Bonar-Law at the helm. King George, who will summon a successor to the Scotch-Canadian premier, forced by a critical illness to resign last night, waited at Aldershot for word from the conservative party leaders. Vacations Cancelled The latter, in whose hands appointment of Bonar Law’s successor rests for the moment, hurried to London from vacations in all parts of the British isles. Meanwhile eyes were turned to Lloyd George; politicians asked one another what the former coalition premier would do in the crisis, and whether he could turn the conservatives differences in naming a prime minister to his own advantage. The Daily Chronicle, Lloyd Georgian organ, says the Welsh ex-premier’s little group no longer will support a conservative p.remlec as It did Bonar Law. Conservatives Feel I kiss The conservatives feel the mss of Bonar Law as one of the greatest political blows the party has sustained; the logical successors. Curzon, Baldwin. Balfour, Lord Derby and Austen Chamberlain are at odds. Curzon, most likely choice, cannot count upon much support if he is named Lord Derby will not serve under him; If Baldwin should decline to act as chancellor of the exchequer, it would leave Curzon in an embarrassing position. Labor is sitting back and saying nothing: but the passage of Bonar I,aw marks another Mg step toward the day politicians regard as inevitable, when Britain will have a labor government. 11l health, a throat affliction from which tils physicians hold out little hope of immediate recovery, forced Bonar Law. who lias been at the holm of British affairs since October to forward his resignation to King George by messenger. He was too ill even to pay the customary personal visit.

COUNTY AWARDS RCA3 CONTRACT Fesler Says State Should Bear Expense, A contract to pave .33 miles of the Michigan road at a cost of $196,643 was let to the McCoun Construction Company of Noblesville „ today by county commissioners, over protest of County Auditor Leo K. Fesler that the State highway commission should bear the cost. Only three bids were filed. Daniels and Lyst of Anderson bid $202,473.95, and the Pfizzenmeyer Construction Company of Terre Haute bid $199,472. The latter recently cancelled a former contract to build the road for $191,853, at request of county commissioners, because the State tax board twice refused to approve the bond Issue. "This is a conspiracy to force the tax payers of Marion county to pay for this road, which will be taken over by the State just as soon as done,” said Fesler. “With our Crawfordsville road and other roads and the colored orphans’ home, we mayspend $1,000,000 (bis year. Its extravagance, and the State reaches, in besides to take $1,500,000 a year in State taxes.” MAN FOUND GUILTY Os COUNTERFEITING U, S, ‘Stamps' Were Used to Seal ‘Bonded' Liquor, It took a jury in Federal Court today just five minutes to find John W. Carmody of Anderson guilty of possession of counterfeit internal revenue stamps. Government witnesses testified Anderson police had taken a quantity of liquor bearing Federal stamps from Carmody. William K. Willett, collector of Internal revenue at Louisville, pronounced the stamps counterfeit. Carmody admitted he had been making booze, hut said he had bought the liquor bearing the stamps from a bootlegger who said it was bonded liquor. Judge Anderson did not indicate \yhen he will pronounce sentence. JEWISH PUPILS CONFIRMED Hebrew Congregations Start Observance of Feaftt of Weeks. A class of twenty pupils were confirmed today by Rabbi Feuerllcht at the Indianapolis Hebrew Congregation, N. Delaware and Tenth Sts., in observance of the celebration of the Feast of Weeks,, which the orthodox and reformed Hebrew congregations of the city and State commenced last night. A class of twenty w-ill be confirmed at the Shara Tesilla Temple. S.riJeridian and Merrill Sts., by the school of the Council of Women Tuesday.

Whoa! Holding Old Dobbin’s "steering apparatus" firmly in both hands, Gus Hess, 35, giving his address as 1001 N. West St., attempted to drive his buggy through a safety zone at Illinois and Washington Sts. The buggy detached Itself from the horse when It came in contact with the concrete safety zone guard. Hers was pulled over the dashboard and landed clear of the concrete block while the horse wandered leisurely around the busiest thoroughfares with, Hess tobogganing behind. Six policemen, headed by Sergeant Shine, ended Dobbin’s wandering and sent Hess to the city hospital. Today he was charged with drunkenness. ,

HEARING ON BIG POWER COMPANY MERGER OPENED Wabash Valley Electric Cos, Asks Permission to Absorb Six Plants, Petition of tiie Wabash Valley Electric Company, owned mainly by the Central Indiana Power Company, to absorb or otherwise assume control of six large southwestern Indiana utilities, waa heard today before the public service commission. For the absorption of the Martinsville Gas and Electric Company, the Putnam Electric Company, the Cayuga Electric Company, the Spencer Light, Heat, Power and Water Company, the Gosport Electric Company and the Roachdale Electric Company, whose physical values represent an aggregate of more than $2,000,000, the petitioners propose to Issue 51,811,700 In securities. The Joseph Brewer interests already control the Wabash the Cayuga and the Putnam utilities. These are operated Independently and are intended as part of the consolidation scheme. No objection was offered to the deal. Charles W. Spooner, engineer, and Henry K. Stark, auditor of the Wabash Valley Company, said they could give no estimate of the revenue the consolidation would provide. Main sources of power for the Wabnsh Valley Company would he obtained through plants at Edwardsport, Clinton and Indianapolis, they said.

POLICE AND FIRE DEPARTMENTS ADD 10 HOSPITAL FOND Credit $13,497,50 Donation to Forces — Pledges Assure Oversubscription, A total of $9,042 from the Indian- ' apolls police department and $4,455.50 j from the fire department headed the j long list of cash subscriptions and | four-year pledges to the building fund lof the James Whitcomb Riley Memoi rial Hospital for Children announced by the campaign committee today. Although the active campaign has j been closed since last Tuesday, pledges i and subscriptions from all parts of the city continue. James W. Carr, executive secretary said. The fact that Marion County has over subscribed Its quota to the hospital has had the effect of stirring increased activity in behalf of the project In many counties of the State, it was pointed out. Other subscriptions: Employes of Nordyke % Marmon. $.3.918.7 o; Taylor Carpet Company. $630.50: Republic Creosotin* Company. 9231: Holi comb AHoke Mamilacturini; Company. sl,054.50: through St Pauls Evangllcal Lutheran Church, $1,211.70: through Westminister Presbyterian Church, $233.75: through the Irvington Presbyterian Church, $233.76; through the Irvington Presbyterian Church. $200: through Downey Avenue Christian Church, $Bl Helping Hand Club. SSB 48: Elite Club. $25: C. P. Lesh. $100; Jackson Supply Company. $100: J. C. Pritchett, $59: Leonard M. Quill. $.50: Ben-hara-Pray Company. SSO; Progressive Literary Sixteen Club. SB. Tho men's Bible class of the ] Downey Avenue Christian Church will give a supper at 6:45 p. m. Tuesday foi the benefit of the hospital fund. Stories of the life of Riley, and several other features will be given. Whlje no charge will be made for the supper an offering will be taken. Food for the meal has been donated by a number of food manufacturers In the city. TWO ARE CHARGED WITH ROBBERIES Police Say They Have Solved Hold-up eSries, A series of holdups last winter in which stores were robbed and several persons beaten by three men in Army ; uniforms has bene solved, the police ( announced today. Everett Scott, 34, rear of 447 N. Alabama St., and aJmes Scott, 22, of 2115 E v Michigan St., who had been held j for investigation, were charged with 1 robbery. Bertis Hicks. 2115 E. Michigan St.. ' who the police say was the third member of the gang, is in jail awaiting investigation by the Federal grand jury on a charge of violating the Federal narcotic law. The police say at least two drug stores were held up. Dope was demanded In one of them.

COURT CONTEMPT CHARGED IN CASE OF RECEIVERSHIP Two Officers of Portland Concerns Ordered to Appear May 29, Two officers of the Hawkins Mortgage Company and the Bankers Mortgage Company of Portland, Ind., must appear in Federal Court May 29 to answer charges of contempt of court. According to the citation, the men, Morton S. Hawkins and Anthony A. Scheib, are charged with interfering with the receivership of the Coopera tive League of America, also a Hawkins concern. It Is charged $1,250,000 in mortgages was transferred f’-om one firm to another to prevent their coming under control of Riley C. Adams, Indianapolis, receiver for the cooperative company. Adams also filed a petition in bankruptcy against the Bankers Mortgage Company. Fred A. Sims of Indianapolis was named receiver. An Intervening petition was filed against the cooperative league by Victor C. Roger son of New York and 250 others, who say they hold $150,000 in contracts of the league. The intervening petitioners join with the original petitioners in asking a permanent receiver.

BRYAN’S CHARGES ARE REFUTED BY CHURGHOFFICIAL Oliver Williamson Says No Custom Was Violated in Elections Here, Oliver R. Williamson, publisher of The Continent, commissioner from I the Presbytery of Chicago, and member of the committee on bills and overtures of the Presbyterian Genera! Assembly, here today authorized this statement: “If William Jennings Bryan is | correctly alleged in the newspapers to I feel that he has been unjustly treated. | and that there has been a violation of j Presbyterian custom in his not being ! named as vice moderator or as chair- - man of the bills and overtures com i mittee of the Presbyterian General i Assembly, it is apparent that he has J been misled by advisers not well in formed on Presbyterian history. Reviews History "Until the assembly of 1919 It was 1 the invariable custom to appoint the | retiring moderator chairman of the j bills land overtures committee. At J that assembly the retiring moderator, the late Dr. J. Frank Smith of Dallas. Texas, was in ill health; the duties of the retiring moderator as chairman of the exeuctive commission until the election of anew moderator, and as a member therefater, had become so heavy that it was impossible for | him or any man to attend to both ! responsibilities without serious strain. ! Another commissioner was therefore | made chairman of bills and over- | tures. My recollection is that Dr. Alex ander Mac Coll of Philadelphia, who | had been voted on for moderator, was appointed. Dr. MacColJ is well quail j fled by experience and knowledge of | Presbyteriaan law for that duty. In | 1920 Dr. John B. Laird of Philadel j phia, likewise an able man, but who | did not figure in the voting, was ' named. In 1921 Dr. Hugh T. Keri I of Pittsburgh filled the position with | notable ability; he had not been a | candidate for moderator. Last year Dr. Cleland B. McAfee of Chicago, who had been cue of the two moderatorial candidates, was named to the chairmanship. No Custom Violated These facts, easily verified from rec ords accessible to every minister, and known to any one who has just pi* tense to knowledge of Presbyteriats history, surely do not indicate that : 'traditional Presbyterian custom has been violated.’ "The vice-moderatorship has always I teen regarded as a more or less peri sonal honor to be bestowed according : to the moderator’s own inclination. I Usually a layman has been selected, but there is no rule. Unless it should appear in the records of many years ago, no defeated candidate has ever held the office, and It has been reasonably assumed that none would aspire to it in preference to holding one of the important committe echairmanships—other than that of bills and overtures —tendered under the long existing custom to defeated candidates.”

Building Permits Sinclair Refining Company. Btatioa, Capitol and Twenty-First. $4,500. Louise M. lake, remodeling. 929 3. New Jersey. S4OO. West Union Telegraph Company, sign, 615 N. Capitol, S2OO. John F. Webber, repairs, 2810 N. Dearborn. SI,OOO. W. K. Gardner, garage. 000 W. TwentyEighth, $250. George Q. Brueo, dwelling. 324 8. Dearborn. $1,600. George Q. Bruee, dwelling. 838 8. Dearborn. $1,600. George Q Bruce, dwelling. 336 S. Dearborn. SI,BOO. George Q. Bruce, dwelling, 828 8. Dearborn. $1,600. George Q. Eruee, dwelling. 336 9. Dearborn, $1,600. George Q. Bruce, dwelling. 344 8. Dearborn. $1,600. George Q. Bruce, dwelling, 234 8. Dearborn, $1,600. J. A. Hartman, dwelling, 1301 College. $4,300. Mutual Mllir Company, addition. Keystone and Bethel. $3,500. G. B. Taylor, dwelling. 950 FT. Fifty-Third, 53.000. Nellie Tucker, addition. 8839 N. Capitol. $1,600. P. E. Porter, dwelling 5340 Park. SO,OOO,

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