Indianapolis Times, Volume 35, Number 11, Indianapolis, Marion County, 24 May 1923 — Page 11

THURSDAY. MAY 24.1923

BEARS OBVIOUSLY LAI CONFIDENCE * 10 ATTACK LIST More Timid Take to Cover as Market Grows Stronger and Stronger, The WALL STREET JOURNAL NEW YORK, May 24. —Announcement that the Morgan interests hart sufficient confidence in the financial situation to proceed with the offering of a $25,000,000 Austrian reconstruction loan stimulated prices throughout the list and active issues showed fair gains over the previous close on initial transactions today. Steel, Studebaket-, California Pete and leading rails led the procession. First Hour Outstanding strength in individual stocks was the pi'incipal feature of the early morning trading. California Pete was rushed up to a further new high for the year on prospects of any early increase in the dividend rate, while New York Central reached a new high on the recovery. Recent accumulation wast commonly attributed to interests identified with a leading national bank represented on the board. Second Hour The bears obviously lacked conleadership for the first time in weeks and some of the more timid took to cover as the market developed further strength toward noon. Inspired by the example set by California Pete, Sinclair. Marland, Producers and Refiners and other Independents gained ground. Professional efforts to raid motor share following price cut announcement by Jordon, met with little success.

Noon Hour Continued improvement in a wide variety of issues in the noon dealings reflected optimism resulting from the proposed new Austrian loan. Some big professional speculators who had planned to complete covering operations on further breaks this week were reported to be retiring their short contracts at the market and new highs on the recovery were reached in many sections of the list before 1 o’clock. Fourth Hour Shorts hoping to cover their contracts in leisurely fashion as the market begun to turn bullish in the morning session, were sent scurrying to cover in the afternoon as no break in the market lent any encouragement to the professional family which had been so largely responsible for the recent downturn. Striking gains continued to be scored by many of the leaders. Closing Hour Not only were the gains of Wednes•iy’s session maintained throughout _ le day’s market session, but aggressiveness of the most encouraging chav acter that has come to light in many days was developed. Practically the whole rail list was included in the group rally that developed. A good many Wall Street men are expressing the opinion that the tide will shortly turn in favor of this class or stocks. Local Bank Clearings Indianapolis bank clearings Thursday were $2,908,000; bank debits were 55.323.000. Foreign Exchange By United Financial MEW YORK May 24.—Foreign exchange Hosed steady. Sterling, demand. $4 02'-;. Francs, demand. 6.64 c. Lire, demand. 4 52%c. Belgian, demand. 5.71 Ho Mams, 54.050 to the dollar. Czech, demand, "9S 1 ->c Swiss, demand. 18.01%c. Guilders. demand. 39 12c. Pesetas, demand. 15.22 c. Sweden, demand. 20 64c. Norw ay, demand. 15.89 c. Denmark, demand. 18.58 c.

Business News

NEW YORK. May 24.—Net income ot the Penna Coal and Coke Corporation for the first four month* of 1923 totaled $469.612 before Federal tax ri eduction*, equal to $2.71 a share on 172.806 shares of SSO par. This Is equivalent to slizhtly more than 16 per cent income annually. NEW YORK—Freight loading-* in the week ending" May 12 were the highest in hi*tony for this time of the year according to Am'Tiean Railway Association figures. Loadings of revenue freight totaled 974.351 cars, the highest in any week since November. 1922. Compared to the. preveek the May 12 record shows a of 13,502 cars. DETROIT—S. C. sftt, vice president of General Motors, said. In regard to the automobile industry slump and cut In production: "I am surprised to hear comments that the Industry ha* begun to slump. It is not true in General Motors. Some divisions are experiencing the usual stump recession tn a slight degree, but taking the corporation as a whole, we are planning to increase the output rather than decrease it.” CLEVELAND —The .Tordar Motor Car Company will announce a reduction in price Sunday, according to company nffieia’s. The low price to be quoted was made possible through a cut tn overhead due to the large production rale now being maintained. NEW YORK—Net earnings of the Jewel Tea Company for the first three months of 1923 were well in excess of the total for all of 1922, when the net was equal to $4.18 a shire on outstanding preferred stock. Weekly sales are running around $250,000. between 35 and 40 per cent above the same weeks in 1922. NEW YORK—Austria's loan is expected to lead directly to an increase in the export demand for copper, because there is a pronounced shortage of that metal in the central European countries Manufacturers of central countries have been unable to import the metal hitherto because of lack of funds. CHlCAGO—Directors of the Illinois Bell Telephone Company approved the expenditure of $333,481 on the Chicago plant and $236.836 on Illinois property outside of Chicago. This brings the total approved for the vear to $6 681.900. In the Cotton Market By United Financial NEW YORK. May 24.—Cotton opened higher. May. 28.60. up 40; July. 27.10. up 37: October. 24.25. up 26. • Local Hay Market >oose hay—sl9*l2o: bales. slß*r2o; heavy mixed hay. SlS'u 19: light mixed hay. $lB 020. Corn—9o',;osc Oats—so @ 65c. Local Wagon Wheat Local mills are paying $1.23 for No. 2 red wheat. CRA vv FORDS VILLE — American lean flags were presented to Girl Scouts at the American Legion Armory. Members of the Woman’s Relief Corps attended.

New York Stocks (By Thomson & McKinnon) —May 24

Railroads— Prev. High. Low. Close. close. Atchison ... 99 % 97 % 98 h 97 % B & 0 48 % 47 48% 46% Can. Pac 154% 15344 154 152'4 C.. R. X. & P 29% 27% 29'4 37 44 Del. & Hud..113 11044 113 Gt. N. pfd. . . 71% 70% 71% 70 44 Lehigh Val.. 82% 61 624s 61 S Y. Cent... 97 94% 97 94% North. Pac . 72% 70% 71% 70% Penn 44 43% 44 Reading .... 74 % 72 % 74 % 73 So. Pac 89% 88 4s 89% 88% St Paul pfd. 37 36 35% 35 44 St. L. & S W. 39% 29 29 44 28 Union Pac 135% 134% 135 c 134% Wab. pfd 27% 27% 27% 26% Keliy-Syring. . 45% 43% 45 43% US Rubber.. 514-4 50% 51% 51 Equipments— Amer Loco .135% 134% 135% 138 Baldw Loco .127*4 125% 127% 126 Gen Electric .175 . . . 174 1764* Lima L0c0... 64 % 62 4* % 64 % 82 44 Pullman ...119 118% 119 11744 Westh Elec.. 54% 53% 54% 53% Bethlehem... 54 V* 51% 54 52% Crucible .... 67 65 % 67 65 % Gulf States.. 81% 78% 81 79 44 Midvale 27 26 27 27 Rep I and S 49% .47% 49% 47 4* U S Steel.... 99 % 95 % 97 % 95 % Motors— Am Bosch M 384* 37% 38% 37% Chand Mot.. 81 ... 61 60% Gen Motors.. 14% 14% 14% 14% Max Mot A.. 44% ... 44% 44% Max. M. (B) 16% 15% 16% 15% Studebaker .109% 107% 109% 107% Stromberg... 71 69% 71 09 44 Stewart-War.. 86% 84% 86% 85 Timken 38% 37 44 3844 37% Oils— Cal Petrol .107% 102% 107% 102% Cosden 48% 46% 48% 46% Houston Oil. 57 % 55 % 57 •% 56 Marland Oil. 48% 46% 48% 46>4 P.-Am. Pete. 71% 69% 71% 69 4*

GRAINS ADVANCE ! FOLLOWING DROP Early Irregularity Is Overcome in Afternoon Trade, Hu United Financial CHICAGO, May 24.—Grain prices advanced on the Board of Trade today. Wheat trading throughout the day was nervous and irregular, finning up after an early dip on a good class of buying. Crop news continued mixed, the Southwest reporting clear weather after two days of heavy rains. Corn experienced frequent rallies. Reports of seed rotting in the ground in Indiana, Illinois, lowa and parts of the Ohio Valley increased. Oats followed other grains. There was a conspicuous lack of speculative support. After a mid-day rally, provisions weakened with the withdrawal of buying support and weaker cables. Chicago Grain Table —May 24 WHEAT— Prev Open. High. Low. Close, close. May.. 1.18% 1.19% 1,18% 1.18% 1.184* July.. 1.1744 1 18% 117 1.17% 1.17% Sept.. 1 15% 1 16% 1.15 1.15% 1.15% CORN— May.. .79% .80% 78% .79% .79% July.. 78% .80% .78% .79% .79% Sept.. 77% .78% .77% .78% .78% OATS— May. .42% .42% 42 42% .32% July.. .42% .42% 42 .42% 42% Sept . .40 .10% .39% 40.40% LARD— May. 11.15 11.22 11.12 11 22 11.15 July. 11 22 11 40 11.22 11.32 11 22 Sept. 11 45 11 60 11.45 11.60 11.47 RIBS — •May 9.15 9 10 •July 9 25 9.20 •Sept 9.45 9 42 RYE— May. .74% .74% .74 .74% .76% July. 77% .78 .76% .774* .77% •Nominal . CHICAGO. May 24—Pefmary receipts; Wheat, e. 05.000 against 1.296.000. corn, 311,000 against 721.000; oats. 390000 against 576.000. Shipments—Wheat. 743.ooii azainst 1,475.000; corn. 368.000 against 836.000: oats. 621.000 against 908.000. CHICAGO. May 24—Car lot receipts: Wheat. 17; corn. 27; oats, 43; rye. 0; barley. 12. CHICAGO May 24.—Wheat —No. 2 red. $1.30. Corn—No 1 yciiow, 81 % 0 83%c: No. 2. 82%@83%c: No. 3. 8282%c: No 6,82 c: No 2 mixed. 814a @B2c; No 3. 81 % c No. 1 white. 82c: No 2. 82 %c: No 3. 81 %c. Oats—No. 3 white. 44 % @45 %c: No. 4. 42@45e. Barley—7o 'a. 72c. Rye—--77 ke Timothy—Bs.so44 6.25. Clover — sl2 017. TOLEDO. May 24. Wheat—Cash. SI .35% Corn —Cash. 89%c. Rye—aOc. Oats—Cash. 49 %c. Barley—Cash. 740. Cloverseed—Cash, sll Timothy—Cash and May, $3.30: August. $4.15; September, $3.70; $3.55 Alsike—Cash. $10; August. $1140; October. $11.25: December. $1125 Butter- —46c. Eggs—24o2sc. Hay—s2o 022.

Grain Briefs

CHICAGO. May 24.—The reports here paid some farmers in Texas are baling wheat for hay. Continued cool weather has retared germination of corn seed in Illinois and much of the acreage will have to be replanted. It is reported that Germany purchased several cargoes of gulf wheat at a price equal to 6 cents above the July price. Com in the principal planting areas now needs much more warmth and sunshine in order to insure Satisfactory growth. The Kansas and Oklahoma winter wheat crop has gone back about 20 per cent in the past thirty days an expert wired. The winter wheat crop in western Oklahoma is believed to have suffered considerable damage from cloudbursts. Produce Markets INDIANAPOLIS, May 24.—Fresh egg*, 22c; packing stock butter. 27c; springs. 1 % to 2 Bis.. 40c: fowls, straight. 21c fowls, under 4 lbs.. 18c; leghorn poultry, 25 per cent discount; cocks, 10c; young tom turks. 25c: old tom turks. 20c: ducks, 5 lbs. up. 13c: geese. 10 lbs. up. 11c: squabs. 11 lbs. to doz.. $5. Indianapolis creameriea are paying 40c a lb. for butter fat. CHICAGO. May 24.—Butter—Receipts. 10.071; creamery extra, 38 %c; standards, 38 a* o: firsts. 36 0 37c; seconds. 34@35%c. Eggs—Receipts. 32.013; ordinary firsts. 23%c; firsts. 24% 025 c Cheese —Twins. 22 <a. 22 %c: young Americans, 23023 %c. Poultry—Receipts. 2 cars: fowls. 24%@20e; duck*. 21c: geese. 30c; turkeys. 13 0 25c; roosters, 12 %c: broilers, 36 0 42c. Potatoes —Receipts. 225 cars Wisconsin round white, sacked. 90095 c: bulk. 90c 0 $1; Michigan. 75090 c; new Florida spaldings, brls.. No. 1. $8: No. 2. $5.75 06. CLEVELAND. May 24.—Butter—Extra in tubs. 43 %0 45 %e: prints, 14%m46%c; firsts. 41%043%c: packings stock. .30 % 0 34c Egg*—Fresh gathered northern extra*. 29c; Ohio firsts. 26c; western firsts, new cases. 24<- Poultry—Live lowls. 27 @ pounds: New York, $2.30 per 150 pounds: 28c fancy fat fowls. 29c roostzrs. 15016 c: broilers ,47048 c. Potatoes—Michigan, $1.7501.90 per 150 pounds: New York. $2.30 per 150 pounds; early Ol.ios, 51.90 0 2.30 per 120 pounds; new stock. $708.50 per barrel. NEW YORK. May 24.—Flour, dull and easy: pork, quiet; mess, $27: lard, steady: middle west spot. $11.70 011.80 sugar, raw. dull: centrifugal. 96 test. 8.16 o: refined. dull: granulated. 9.50 0 5.90 c; coffee. Rio. No. 7 on spot. 11 %e: tallow, firm; special to extra. 7 07%e: city. 6%c: aressed poultry, quiet: turkeys, 250 42c: chickens. 18045 c fowls. 14032 c: ducks. 200 27c: live poultry, steady: gce3e. 13 0 15c; ducks. 150 30c; fowls. 30031 c: turkeys. 25 035 c: roosters. 16c: broilers, 350 50c; cheese strong state whole milk, common to specials. 2029 %c state, skims, common to specials. 10018 c; butter, quiet: receipts. 16.213: creamery extra. 41c: special market, 41% 042 c: state dairy tub*. 37 @4o%e. eggs, steady: receipts, 40,586; nearby whites, fancy. 37040 c; nearby state whites. 27% 0 27c; fresh firsts to extras, 27% 0 32c: Pacific coast. 32 0 38c; western white, 28037 c: nearby browns. 33037 c.

1:45 Prev. _ High Low. o. m. close. P.-A. P. (B) 67% 35% 67% 65 4s Pacific 0i1... 36 4* 35% 36% 35% Phillips Pete 53 49% 53 49% Pro. * Ref.. 45% 44 45% 43% Pure Oil .... 23 % 22 % 23 % 22 % S. Oil of Cal. 5.3% 52% 53% 52% 8. Oil of N. J. 35% 34% 35% 34% Sinclair 30 % 29% 30% 29% Texas Cos. .. 45% 45 45% 45 Minings—Butte Super. 24% 23% 24% 335 Texas G. & S. 61 4s 61 % 60 % Coppers— Am. Smelt... 57% 55% 57% 55% Anaconda ... 45% 44% 45% 44% Utah Copper. 64% 64 64% 63% Industrials— Allied Chem. 69 68 4* 69 68 44 Amer. Can. . 83 44 93 % 95 93 % Amer. Ice. . . 94 % 93 % 94 93 Am. Woolen 88 % 87 88 % 88 Ceil. Leather 27 26% 27 26% Cont. Can... 44% 44% 44% 44% Fam. Players 78 75 78 74% Gen. Asphalt 39% 39 39% 38% Inter. Paper 43% 42 43 % . ... oMut & Ward 21 20 21 20 Owen Bottle 43 . 42 % 42 % Sears-Roe.. . . 76% 74 1 3 76 % 74 U S Ind A1 53 52’* 52% 51% Woolwortli ..227 224% 227 £25% Am T and T. 121% 121% 121% 121% Consol Gas. . . 62% 62 62% 61% Col Gas 102 101% 102 101% People’s Gas. 91 90% 91 90 Shipping— Atlantic Gulf 19% 19% 19% 19% Food**— Amer Sugar. . 71 ... Y 1 70 Corn Prod ..127% 126 127 44 126% Cu C nSu pf 52 % 52 % 52 % 62 Cu-Am Sug.. 32% 31% 32% 31% Punta Alegre 60% 60 60% 59% Tobaccos— TobProd.... 80 79% 80 79%

GRADUAL GAINS TAKE CURB STOCKS UPWARD Margins of 2 $, inf Gains Not Infrequent at the Close. Rli United Financial NEW YORK, May 24.—Gradual gains throughout the day took curb prices upward today and in the late trading there were in many cases margins of 2 points or more over Wednesday's closing figures. The two days’ gains which were held consistently left the impression that the market had definitely broken away from the selling which characterizedt its previous close. In the industrials motors were the leaders with Durant reaching 55. The Standards were most conspicuous in the oils. Standard of New iork at 35% was up 2, and Vacuum gained about a point to above 46. The independents were no less consistent gainers. Indianapolis Stocks —May 24 „ Bid Ask. Am Central Life 200 Am Creosoting Cos pfd 97 Adv Ruraely Cos com ]. ’ Ajv Rumely Cos pfd belt R R com 6 69 Belt R R pfd 53 Century Bldg Cos pfd 98 Cities Service com 14s i.52 Cities Service Cos pfd 66 68 Citizens Gas Cos com 26 21 % Citizens Gas Cos pfd 98% 100 Ind Hotel com 100 Ind Hotel pid 100 ... Ind Nat Life In* Cos 7% Ind Pipe Line Cos 94 98 Ind Title Guaranty Cos 70 80 Inrip’s Abattoir pfd 45 Indpls Gas.* 50 53 Indpls & Northwestern pfd. . 40 Indpls A- Southwestern pfd... . 60 Indpls St Ry 64 % 67 Indpls Telephone Cos entn.... 1 ... Indpls Telephone Cos pfd DO . . . Indpls Water Cos . . .102 105 Mer Pub Cos pfd 85 ... Nat Motor Car Cos 3 Public Savings Ins 12 ... Rauh Fertilizer pfd 50 ... Standard Oil Cos of Ind 58 60 Sterling Fire Ins Cos 8% ... T II I & E com 2% 6 T H I A E pfd 13% 17 T II Tr & Lt Cos pfd 93 96 Union Tra<- of Ind com 2 5 Union Tr of Ind Ist pid 34 ... Union Tr of Ind 2d pid 7% 8% Van Camp Prod ist pid 96 100 Van Camp Prod 2d pfd 89 Vanda!ia Coal Cos rnm 2 4% Vandaiia Coal Cos com 13% 15% Wabash Ry Cos eom 8 10 Wabash Ry Cos pfd 27 44 29 Bonds ; Belt R R & S Y 4s Mar.. '39. 81 Broad Ripple ss. 43 . . 66 69 Citizens Gas ss, July 43. ... 85 % 88 Citizens Gas 7s. serial. ... .100 105 Cit St R R ss. May. 33 84% 86 Ind Coke and Gas 6s 90 04 Ind Hotel ss, July, '3l 92 ... Ind Hotel Cos 2d 6a, drawable. 100 ... I Ind North 5s Oct 88 41 ... Ind R R & Lt ss. Jan.. '43. . . 90 84% Ind U Tr ss. July. 33 43 'lndpls Ab Cos 7%5. Sept.. '31.100 105 Ind Col & So 6s, Feb.. 48. . 97 100 Indpls Gas ss. Get.. '42 86% 83 Indpls Lt & lit ss. April. '4O. 94% 95 j Indpls A N W ss. Mar,. '32.. 52% 54% 1 Indpls A S E 5s 40 Indpls Shcibyviile A S E 5s . . 52% Indpis St Ry 4s 64 65 44 Indpls Tr A Term ss, Jan 32 86 88% ; Indpls U R R ss. Jan . 6.1. . 94% .. . Indpls U R R 4%5. May. '2O. 95% Indpls Water os. July, 38 ft!* 100 Indpls Water 4%. Jan 40. 85 87% , Kokomo M A W ss. July. 38.104% 105 So Ind Power 6s. Jan . 31 101 THI A E ss. April. 45 . 70 74 U Tr of Ind 6s. ’32 70% 74 Sales 10 shares Van Camp Prod Ist prf. . . . 95% 6 shares Van Camp Prod Ist prf 95 SI,OOO Cit St R R 5s 84 44 SI,OOO Indpls Lt A Ht 5s 94 % SI,OOO Indpls Lt A Ht 5a 04 44 SI,OOO Indpls St Ry 4s 64 Raw Sugar Market Hu United Financial NEW YORK. May 24.—Cuban raw sugar at its latest price has sold at‘6 46c f. o. b. for June shipment. An operator bought ; 1.000 tons at this figure Raw futures opened higher July. 6.38 0 6.43 c. Sep tent- j her, 6.43H6.45c; December, 5 8906.90 c;, March. 4.7204.74 c. Marriage Licenses Henry Appell, 40. 1430 W. Twenty | Seventh: Ethel Potter, 'ZD. 700 Mai- i Bachnsotts. Joe Grimstey. 23. 417 Stevens PL; Lola Cobb, 10. ”ll> S. East. J. P. Sterling’. 60, 103 E. Ohio: Lydia Vorifi. 44, H4O W New York. C. W. Callahan. 22, 1240 N. Hautfh: Margaret Hindu, 19. 1235 N. Holmes. Pewton Despain. 29. 312 N Blackforl; Nora Lassistr, 35. 2829 Meredith. Births Boys John and Martha Blankenship 735 Lynn. Mayer and Minnie Jacob. Methodist Hospital. Charles and Margaret Ford. Long Hospital. Elsworth and Anna McCune, 870 W Twen-ty-Ninth. John and Augustina. Wallace, city hospital. Carl and Elsie Critters, city hospital. Arthur and Gladys Crews. 403 S. Rural. John and May Pruning, 417 W. ThirtyNinth. Hammer and Sadie Thompson, 332 N. Tacoma. Elmer and Ethel Heath, .1915 English. Girls I.esiio and Eunice Sharp, Methodist Hospital. Harry and Ada Westerfield. Methodist Hospital. Henry and Harriett Johnson. Methodist Hospital. George and Juiia liakeman, 422 N. Blackford. Frank and Mary -Boyd. 107 R Oliver. George ami Gladys Caldwell. 740 9 East. Wallace, and M*iry Royal, city hospital. Henderson and Marv Bell, city hospital. Angelo and Dillotto Faccone, city hospital Paul and Florence Hockett. 2401 E. Sixteenth. Edgar and Marie Wells. 1925 Broadway. Vaeh and Bessie Mayer. 704 W. Mew York. Deaths James Scott Warford 100. 605 E. Drive Woodruff, arterlo sclerosis. Verna Bennett, 28, St. Vincent Hospital, diabrtos mellitus Eleanore Herndt, 75. 709 E. Morris, cerebral hemorrhage. Julius Bed;. 61. city hospital, cerebral apoplexy. Martha J. Fink. 80. 234 W. Emplro. lobar pneumonia. Elizabeth Sharkey. 34. city hospital, pulmonary oedema. Elm a E. Grooms. 73, 1471 E. Sixteenth, acute cardiac dilatation. Floyd H. Colwell. 24. 2046 Langdly, acute dilatation of heart. Cliverseed Market Cloverseed was quoted $7 010 a bu tn Indianapolis today

THE INDIANAPOLIS TIMES

PRICES FOR HOGS REBOUND SHARPLY Gain of 20 to 25 Cents Made in Local Trading. Hog Prices Day by Day May 250-300 lbs. 200-225 lbs. 150-180 lbs. 18. 7.85 7 85 7.850 7.90 19 7.75 7.75 7.750 7.80 21. 7.85 7.05 7.06(g) 7.70 22 7.70 0 7.75 7.75 7.75 23. 7.00 0 7-65 7.600 7.65 7.600 7.60 24. 7.85 7.85 7.85 0 7.90 A decrease In receipts and an increase in shipping orders caused hog prices to advance 20 to 25 cents In trading at the local livestock exchange today. The advance carried the top price for a few selected lights to $7.90, while the bulk of the day’s receipts of 6,500 hogjj, inclusive of 960 layovers, sold at a fiat price of $7.85, regardless of class or weight. One shipper bought a carload of pigs at an average cost of $5.50, which is much less than the general market has been on small lots. Sows sold down generally from SB. The cattle market opened active and strong on steers, but slightly weaker on she stock. One choice load of steers sold early at $10.50, establishing anew carload record price. Receipts. 900. The calf market opened steady with Wednesday's quotations, but a lack of shipping orders soon brought about weakness that, sent prices down from 25 to 50 cents. Choice veals sold early at a top of sll. while the bulk moved from $lO to $10.50. The sheep and lamb market was active at steady quotations, spring lambs selling down from sl6 and ewe* down from $7. Receipts. 150. —Hog*— ISO to 200 lba $7.85 Medium 7.85 Heavy 7 850 700 Top Pigs 6.00 0 6 50 Packing bows 5.250 5.75 —Cattle*— Few choice stecra . 5 8.75010 50 Prime corn-fed steers, 1,000 to 1.300 lb* 9 000 9 50 Good to choice steers. 1.000 to 1.300 lies 8.500 9.00 Good to choice steer*. 1.000 to 1.200 lbs 8.000 8.50 Good to choice steers, 1.000 to 1.700 lb's 7.500 8.00 Common to medium steers, 800 to 1 000 lbs . . 7.25 0 7.50 —Cows and Heifers Chntor light heifer* . .$ 8.500 9 75 G I light heifers 7.000 8.75 Medium It> Here 6.000 7.2. • Common heifers —.. .. 5.000 0.00 Fair cow* 4.000 5.00 Cutters 2 760 3.25 Canners 223 0 "oO —Bulls— Fancy butcher bulls . .5 0 000 6 50 Good to choice butcher bull*. 500 0 550 Bologna bulls 3.75 0 4,50 —Calves— Choice veals $lO OCC 13.00 Good veais ......*...... 9.500 10.50 Medium veals B.oo't 9.00 Lightweight veals 7 500 8.00 Heavyweight veals 7.000 7 o 0 Common heavies 600 0 7.00 Top 11.00 —Sheep and Lambs— Culls 5 2.25 0 3 25 Good to choice ewei o.G>'3 h.dO Few choice lambi 13 00 Id 90 Heavy lambs 10.00® 13.00 Cull iamb* • 9.G0

Other Livestock Hu United Financial CHICAGO. May 24. —Hog#—Receipt*. 30.000 market 10c higher top. 57.05: bulk, $7 2007 60, heavy weight, 57 1007 56 medium 97.400 7.06 light $7.40 07.05: u.ht lights. 50'50 7 60; heavy packing sows, $6 4006-85: packing sows*, rough. $0 0 0 50: killing pigs. $607. Cattle—Receipts. 15,000 m rl -■ jr beef steers and yearlings generally steely, spots strong on strictly choice kinds lughlv finished steer* $lO 96: others. $10.75 u 10.85: log year lings, inside figures, other masses st< uly to 15c lower: bulk vealers to packers around $lO. Sheep—Receipt*. 9.000; market steady, slow, mostly weak to 25c lower on clipped and springers: se'.eral il.x-k* good and chop*! springers $10010.25; California held higher, $14.75. KANSAS CITY. May 24—-Cattle—Re-ceipts. 4.000 calves, receipts 800; beef steers and y .arllngs steady to higher: prime Nebraska steers around 1,300 lba. to outsiders at 511; sho stock steady to strong, a few prime oows. $8.25; some bid more, bulls steady to weak: calves steady to 25c higher: bulk desirable vealers to packers at $909.50: other classes steady: fleshy 900lh. feeders. $8.85. a fw loads of horned Texts Stockers at 50-25. Hogs—Receipts, 7 000: very slow: a few sales to traders and shipp r* at 5010 c higher; trader top. $7.35; 100-230-lb averages, mostly $7 10 0 7 30: packers bidding $7.25 or steady to strong on medium weight butchers; pack lng sows s'eady mostly $6. Sheep—Re ceiptft, 7,000; killing classes generally 150 Cse lower; early top native springers, sl6. clippers. $13.76; Texas wait hers. $7.260 8. those at $7 50 and above carrying a long breaker end. EAST BUFFALO, May 24.—Cattlo— Receipts, 50; market steady; shipping steers, I 59.50010.25 butcher grades $809.25;! •cows. $2.50 07. Calves—Receipts, 200; market active, 50c up: cull* to choice. $4 012. Sheep and lambs—Receipt*,. 600; I market active, lambs 25a up; choice lam’is, $l5O 15.25; cut! to choice SBOI4 50 year lings. SBO 12.60; sheep, $3 09. Hogs—Receipts. 4 000: market active. 100 15c high or Yorkers. $7 0 8.30: pigs. $6.76 07; mixed. $8.2508.30 heavies, $8.25; roughs, $5,500 6 stags, 54 0 1.50. PITTSBURGH, May 24.—Cattle— Receipts light, market steady; choice. $9.75010.26; good. $909.50; fair. $7.5008.25. veal calves. $10010.50. Sheep and lambs—Receipts light, market steady prime wethers, $8.7509; good. $7.50 08.25; fair mixed, $607; lambs. $14.60015. Hogs—Receipts, 15 double-deaks: market lower: prime heavy, $7.7007.75; medium*. $8.1008.15 heavy Yorkers, SB.IOOB 15: light Yorkers, $7.25 07.50; pigs, $7; roughs. $5.2605.76 stags. $3 0 3.50. CLEVELAND, May 24.—Hogs—Receipts, 3.500; market, steady; yorkers. $8 10 mixed, $808.10: medium. $8; pigs. $6.75; roughs, $5.75: strgs. $4. Cattle—Receipt*. 850; market, active and unchanged; good to choice bulls, good to choice steers, good to choice heifers good to choice cows, fair to | good cows, common cows, unchanged. Hhoep and lambs— Receipts. 750; market, steady top. sls. Calves —-Receipts. 600; market.: 60c higher: top. sl2. EAST BT. LOUIS, May 24.—Cattle—Receipts, 2,000; market steady: native beef steers. $6.50 0 7.30; yearlings and heifers, $8.7508.90: cows. $5.5004.60; canners an doutters. $2.76 03.75: calves. $lO 0 10.50. Hogs-- Receipt;*. 9.000: market 10 0 15c higher; heavy, $7.85 0 7.60; medium. $7.3507.60; lights. $7.2007.55: light lights, $6.25 07.45. packing sows, $5,76 0 6.10; pigs, $5.2506.76: bulk. $5.7006.75. Bheep—Receipts. 2,000; market 25@500 lower: ewes, $4 0 6.75; canners and cutters, $104; wool lambs. $12014.25. CINCINNATI. May 24. —Cattle—Receipts. 800; market, steers steady, butchers, slow; shippers. S9OIO. Calves—Market, strong to 50c higher; extras, $lO 011.50. Hogs— Receipts. 5.000: market, steady to 10c higher; good to choice packers. $7.86. Sheep —Receipts. 4,400; market, steady, heavy sheep weak; extras. $5 0 6.50. Lambs— Market. 50c lower; fair to good, $16.50 @l7 Dividends Today NEW YORK. May 24.—Dividends announced today include: Kreege Comps ay—Regular quarterly dividends of 2 per cent on common and 1 % per cent on preferred, payable July 2 to stock of record June 15. Morris A Essex—Semi-annual dividend of $1.75, payable July 2 to stock of record June 7. Great Western Sugar—Regular quarterly dividends of $1 on common and $1.75 on preferred, payable July 2 to stock of record Juno 15. Dressed Beef Prices Wholesale selling prices of dressed be.ef. Swift A Cos.: Ribs—No. 2,18 c: No. 8. 14<’. Loins—No 2. 24c No. 3,20 c. Rounds— No. 2,18 c; No. 3.16 c. Chucks—No. 2, 12c: £o. 3,10 c. Plates—No. 2. 7c: No. 3.8 o

PRISONERS DONATE TO HOSPITAL FUND Jeffersonville K. K, K, Helps Riley Memorial. Inmates of the Indiana Reformatory have contributed $174.41 to the Riley Memorial Hospital building fund. The campaign is under way in ten southern Indiana counties. The KuKlux Klan of Jeffersonville contributed $l3O. The money was turned over by four hooded men. New Indianapolis pledges: Leo M. R ippaport and the Circle Theater Company. $500; workers of Morris Street Christian Church, $107.35: workers of Edwin Ray M. E. Chur est, SB3 50: employes of L. 8. Ayres A Cos , $485 additional; Girls' Federation of Third Christian Church, $1,082.15; Ladies of the G. A. R. No. 16, $100; 0 F. Heaery. M. Clune Company, Kate X. Dean. Mrs. Alice E, Cunning, the Nick Kent Company, R. C. Haskett, Mr. and Mrs folm J. Malirdt (In memory of their son, Carl J. Mahrdt), and Mrs. A. J. Cochran. SIOO each; employee of F. E. Oatee Marble and Tile Company. 906: George Bicknel), S6O; Mrs. W. W. Hampton, S6O; Entre Nou i Club. Frank L. Braden Mr. and Mrs. H. B. Burnet, Frank Hllgemcter. George A. Htlgemeier, E. T. Klee. Agues K. Dorsey. Mrs. L V. Gardner and James Moss, SSO each. Mrs. Brandt C. Downey, chairman of the Riley Hospital committee of the Indianapolis Federation of Parent Teacher Associations, said school No. 41 has increased Its pledge from SI,OOO to $1,900, making a grand total of $11,478 Including SSOO from school No. 70 and SIOO from school No. 13 not previously announced. BALDWIN FACES MAJOR PROBLEMS Chancellor of Exchequer Still to Be Chosen for Cabinet. Hu United Pres LONDON, May 24. —With a major International problem confronting him even before his Cabinet has been formed, Premier Stanley Baldwin day sought a chancellor of the Exchequer. Sir Robert Horne, chancellor in the Lloyd George cabinet, had a conference with Baldwin. This gave rise to reports Sir Robert would enter the new ministry. Lord Curzon will retain the office of foreign minister. As soon as the cabinet is completed a meeting will be called to consider the Russian reply to the British tenday ultimatum.

AMUSEMENTS

MURAT THE STUART WALKER CO. BANCO A Corned/ of One < harming W Ife and Two Huabundf Adapted From th<* Frriifh b/ Clt*r* Kuimnpr NEXT WEEK—SEAT* NOW “The G ri of the Golden West”

ENGLISH’S "Lzf ALL WEEK GRAND PLAYERS “THREE WISE FOOLS” MATIVFfI *AIim>AV W h 9, 50 r Kfuh Night, W, AO, 7flo Next Week, "Six Cylinder Love”

RAIL ACE

1:00 to 11:00 P. M. DESLEYS SISTERS & CO. In “Youth. Beauty mid Talent.” 808 JULIE CARLTON & BALLEW A Fwwt for Fufthiomthle Fanclee. ROBERT REILLY & CO. “An Irish Komiuice." RAY W. SNOW JOHNSON & & MARINE BAKER MILLICENT MOWER In "The Spirit of Melody.” PHOTO ALICE BRADY in PLAY "THF. LEOPARDESS”

MOTION PICTURES 'fa fw SI flm? £$ T H £ A. T R. E. w ’ THIS WEEK ONLY H. A. Snow’s Wonder Picture “Hunting Big Game in Africa ” Finest Picture of Wild Animal Life Ever Shown Circle Orchestra Presents “GEMS” From Music Memory Contest Modest Altschuler Conductor “The Girl of the Olden West” Organ Solo by Walter Flandorf COMING SUNDAY Edwin Carewe’s Production. “THE GIRL OF THE GOLDEN WJEST” A First National Picture

THE W*H. BLOCK <3 Hart Schaffner & Marx guaranteed clothes for men, young men and boys (8 to 18)

Tomorrow, Friday, Our Bargain Day No Refunds, Exchanges, Layaways, C. O. D., Phone or Mail Orders on Bargain Friday Items. .In Many Instances Quantities Are Limited. Prices Are Effective While Supplies Last.

Specials for Friday Only Extraordinary Sale of Capes and Dresses For Women and Misses se.oo Friday’s Sale Price CAPES - These are made of good quality wool velours and cut in full graceful sweeps. Only 130 for tomorrow —all the manufacturer had. We wish we had several times this many to offer. Choice of tan, Copen, green, navy and deer—for $5.00. DRESSES—Sizes lfi to 36 only. Stylish little frocks of Shakara silk, tricoshams and combinations. Smart sports dresses included. Just 40 in the lot. Come early if you want a dress for $5.00.

SLIPOVER SWEATERS <t* f For Women and Misaes | All Wool—s2.oo and $3.00 Qualities I Priced below regular wholesale cost. Popular for sports, street and office wear. In all stylish colors and weaves. Buy yours tomorrow.

Muslin Gowns and Chemise For Women and Misses Up to SI.OO qualities O>C Slightly soiled from display, but greatly reduced.

Sport Coats For Women and M iases $12.78 frn nr qualities.,. | ,VD Well made of polalre, belted and full lined. Hurry for yours.

*25 All-Wool SUITS For Men and Young Men Friday 0.75 All Only B Wool Hport and plain models; regulars, stouts and slims. Special sale for Friday only, allwool suits in very desirable patterns, at. §13.75

ONE DAY—FRIDAY ONLY $5 All-Wool Worsted Men’s TROUSERS Sale i % .59 Friday Price J? == Only Sizes 33, 34 and 86 waists only, Black, blue and brown with neat stripes. A oneday sale of all-wool worsted men’s trousers at 52.59.

Beddings —Domestics

SINGLE BED BLANKETS— Double bed size; heavy fleece; tan or grey with color bonier stripes; $1.50 1A quality, each JL •1 v BABY BLANKETS—White with pink or blue stripe; fleeced on both BQ sides; pair ......... ~, FTATHER PILLOWB Standard size; up to SI.OO quality, while 18 last, CQ. each ~,,, BLEACHED AND UNBLEACHED 6HEETINGS — 31 inches wide; close woven (limit 5 yards to A An customer), yard VfC HEMMED PILLOWCASES 42x36 inches, and 36x36 inches; while 48 | Q last, each 1 JfC PILLOW TUBING wide; soft thread (limit 10 yards to customer), yard .................. .faOC UNBLEACHED MUSLIN— Yard wide, soft finish (Jimit 10 yards |o cus? j A tomer), yard J.UC UNBLEACHED MUSLIN— Yard wide; heavy thread; 22c quality, v yard I#C CURTAIN SCRIM -Yard wide; double open work border; finished with wide tape edge. White, cream and ecru, 18c SST 1 . 12Vk

THE BASEMENT STORE

Dresses For Women and Misses $lO and sls u*7 QC qualities l *.'D Canton crepes, or epe de chine, wool jersey, printed crepe, etc. A few left-overs priced for quick selling.

Girls' Gingham Dresses $1 and $1.25 /IQ_ qualities tuC Only 36 gingham frocks, siie 8 years. Only 12 1 1 n e n e frocks, size 6 years. But each one a special value.

IN THE BASEMENT STORE

WHITE OUTING FLANNEL--27 inches wide, soft fleecy; 19c quality, t j* yard lOC PERCALES—Yard wide; light and dark, colors, checks, figures, stripes; 19c DRESS GINGHAM S—37 inches wide; checks, plaids and plain colors; up to f A 3Do quality, yard .......li/C CURTAIN SCRIM B—White grounds with pink, yellow, lavender and black dots (limit 15 yards to 7 I/a n customer), yard f /2C ABSORBENT CHEESECLOTH —Yard wide, put up in sani. tary paper bags; spa cial ....10-yard bolt, 0/ C AWNING D U C K—33 inches wide. blue, tan and brown stripes; extra spe- on eil, yard j“C PAJAMA CHECK—Yard wide} email check design; in_ yard G-33 inches wide; blue aa stripes, yard .......... J/C AUTOMOBILE ROBES—While 5 last; $8.75 4 no quality • •• • yitlfO BU6T FORM Covered with gray Jersey cloth, size 40quality, while A A 4 last „,4jjC

Two Hundred Wool Walking Skirts Misses and Women's Sizes $3.90 Knife pleated, side pleated and box pleated models of good quality wool crepes and prunella.

Percale Aprons Women’s cn Regular sizes..U*/C Cut full and trimmed with rick-rack. The material alone is worth the price of the garment.

Men’s Furnishings MEN’S ATHLETIC UNION SCITS—Of fancy striped madras and fine pin check nainsook: sleeveless, knee length, elastic insert In back; elses 34 to 46 (3 suits, cn *2.00). suit OifC MEN’S SHOP COATS—Heavy khaki twill, detachable buttons, belt back; nfi $0.23 quality Lu MEN’S BAKBRIGGAN INDERSHIRTS AND DRAWERS— Short and long sleeve efcjrts, ankle length drawers; shirt sires, 34 to 46; drawers sires, SO to 44; 60c 4O _ quality, garment ‘*4C MEN'S SOCKS—Reinforced toes and heels; black, brown, navy; Sizes 10 to UU,; HOSIERY WOMEN’S USI.E A XI) MERCERIZED USEE HOSE—--I’ully reinforced, seamed legs; plack, brown, white; slaes 9. 9Va; 25c #ntl 33c 1 7 ’ qualities {3 pairs, 50c).-. M C WOMEN’S BrSTER BROWN SIT.K HOSE—Roily reinforce#, Beuai-fashioned. black, brown; white, nude; sizes BV6 AQ ’ to 10; 69c quality ‘tUC C tn.DREX'S STOCKINGS- Be inforce dtne and heel; med'mrii hnd line rib; black and browni seconds of 25c 1 jj • quality; pair ...*DC

11

Porch Dresses and Apron Dresses Regular and Extra Sizes Up to $2 (1 IQ qualities ..tjll.i? Os fine ginghams and chambray, some combined with dim. ity, some in California bungalow styles.

Dresses For Small Women and Misses Made of alltyme crepe alone or in combination. Friday, while 100 last, spec,al CQ QQ at ........ *7O