Indianapolis Times, Volume 35, Number 38, Indianapolis, Marion County, 25 June 1923 — Page 11

MONDAY, JUNE 25, 1923

GENERAL SELUNG .FOLLOWS ATTACK ON MOTOR GROUP Professionals Are Bearish on Future Outlook for Auto Industry. STEEL COMMON DROPS Failure of Another Exchange House Also Effects Sentiment of Traders. The WALL STREET JOURNAL NEW YORK, June 25. —Unsettlement In the early dealings on the stock exchange today probably was trace-' able to the announcement of the failure of an inactive stock exchange house. Steel common dropped threequarters of a point to 93, while losses averaging a point took place in American Can, Studebaker and many othei active industrial leaders. The heaviness manifested by the industrial list extended to include the rail group as well. ' First Hour Stocks continued under pressure in the first hour with the principal selling concentrated on the motor group. Chandler broke to anew low and Studebaker was within a fractional distance of its 1923 low mark at 103%. Floor traders reported that the offerings in this group were mostly for the account of traders as professional sentiment has Deen bearish cr. the outlook for the industry for some time and stocks of this class have been freely supplied on all rallies.

Second Hour Continued unsettlement in the motor group created further Irregularity in the general list toward noon. In addition to rumors of price- cuts. Studebaker was affected by reports that the company had many unsold 1922 models on hand, but inquiries at the Detroit office elicited the information that the few carried over were sold in the early spring. Demand for Studebaker cars is still equal to production, the company reported. Noon Hour Professionals were encouraged by their success in depressing prices in the morning trading, and continued their hammering into the noon dealMigs, but the volume of trading fell Rff sharply. Studebaker reached a further new low at 101%, while Steel common, Baldwin, American Can and others touched new lows on the movement. Oils were steady in the face of -the market’s irregularity. Twenty active industrial stocks on Saturday averaged 93.30, off .25 per cent. Twenty active rails averaged 82.43, up .03 per cent. Local Bank Clearings Indianapolis bank darings Monday were $3,317,000; bank debits were $5,837,000. New York Money Market By United Financial NEW YORK. June 25.—Time money market quiet. Rate was 1 % and 5 per cent, depending on the maturity. Renewals were at theee rates. Commercial paper quiet. Prime names 5 per cent, others 5% per cent. Raw Sugar Market By United Financial NEW YORK. June 25.—Raw sugar market opened higher. July. 5.70 @ 6.72 c; December, 5.37® 5.40 c. A refiner was reported to have paid 6 cents a ands. for several thousand bags of Cuban raw sugar. In the Cotton Market By United Financial NEW YORK. June 25. —The cotton market opened lower. July. 27.59. off 17; October. 25.35, off 3; December, 24.85, unchanged: January. 24.47, off 4. Produce Markets f INDIANAPOLIS. June 25. —Fresh eggs. c; packing stock butter. 25c; spring, 1% to 2 lbs . 36c: fowls, straight, 19c: fowls, under 4 lbs., 15c; leghorn, 25 per cent discount: cocks, 9c; young tom turke. 23c; old tom turks, 18c: ducks, 5 lbs. up. 12c; Seese, 10 lbs. up, 10c; squabs. 11 lbs. to oz.. $5. Indianapolis creameries are paying 38c a lb- for butter fat. NEW YORK, June 25.—Flour—Dull, unsettled. Pork —Quiet; mess. $25. Lard— Steady: midle west spot. $11.40 @ 11.50. Sugar—Raw. firm: centrifugal. 96 teak 7.54 c: refined, firm; granulated. $9.45® 9.90 c. Coffee—Rio. No. 7 on spot. 11 H@ like: Santos. 13%@14%c. Tallow—Easy: special to extra, 6%.@6 %c: city. 6*4 c. Dressed poultry—Dull; turkeys. 25®42c; chickens. 18® 52c; fowls. 12® 29c; ducks. Long Island. 25c: capons. 30 46c. Live poultry—Firm: geese, 15® 16c: ducks. 15® 23c: fowls, 22®23c: turkeys, 30c: broilers. 30®50c via express. Cheese —Quiet: stats whole milk, common to specials. 21®26He: state, skims, common to specials. 10® 18Vic. Butter —Easier: receipts, 8 230; creamery extra. 38% @ 39c; special market. 39% ® 40c; state dairy tubs, 34@38%c. Eggs—Quiet: receipts. 11,598; nearby whites, fancy, 38® 40c: nearby first state whites. 31® 37c; fresh firsts to extras. 24 % @ 29c: Pacific coast. 29®37c; western white, 24®37c: nearby browns, 25®37c.

CLEVELAND. June 25.—Potatoes — Michigan. 150-lb. sacks, best. $1.50® 1.75; Petoskc-ys, §2 a 150-lb. sack: Florida rose, new stock. No. 1 grade. [email protected]; Virginia cobblers. $5.75 a barrel. Butter—Extra in tubs. 43 <8 45c: prints. 44® 46c: firsts, 40® 42c; packing stock. 28® 30c. Eggs — Freeh gathered northern extras. 2714 c: Ohio firsts, 23 He: western Arris, new cases. 22c. Poultry—Heavy fowls. 22®23e: light fowls, 15® 18c: cocks, 12® 14c: broilers. 45® 48c; ducks, spring, 28® 30c. CHICAGO. June 25. —Butter—Receipts. 20,192. creamery extra. 38Ho: standards. 38Ho: firsts. 34H@35Hc: seconds. 33® 34c. Eggs—Receipts, 42.880; ordinary firsts. 20H® 21c: firsts. 22H0. Cheese—Twins, 24@24%0; Young Americas. 26c. Poultry —Receipts, 14 cars: fowls, 18He: ducks, Hm—Receipts. 225 cars: Alabama. Louisiana and Mississippi Triumphs, $2.50®3: North Carolina®. $5.10 @5.25. Dressed Beef Prices Wholesale selling prices on dressed bes. Swift * Cos.: Ribs —No. 2. 19c; No. 3. 16 c. Loins—No. 2, 20 c: No. 3.23 c. Rounds — No. 2. 20c: No. 3. 17 c. Chueki—No. 2. 12c: No. 9. 19c. Plats—.-No. 2. 7c; No. 3.6 c. Local Hay Market jjaMßar mixed. 95® 97c: light mixed hay. Corn— 9s® 97c. Oau—6o 0 55c.

New York Stocks (By Thomson A McKinnon) —June 25

Railroads— At 1:45 Prev. Hlyh. Low. p. m. close. Atchison ....103 101 . 101 -102% B. & 0 50 48% 48% 50 Can. Pac... 150% 149 150% C. A O 63% 63% 63% C.. R I. & P. 30% 29% 29% 30% Gt. Nor. pld 71% 70% 70% 71% Lehigh Val.. 62% 62% 62% N V Cen.. 100% 100% 101% Nor. Pac.... 71 .... 70% 72 Pere Mara.-. 44% .... 43 44 Pennsylvania. 44% .... 43% 44 Reading: .... 73 % .... 72 73 % So. Pacific. . . 88% .... 87% 88% St. Paul pfd 37% 35% 37% St L A S W 33% . . 32% 32% Union Pac . 133% 132% 133% Wabash pfd. 30% .... 29% 30% Rubbers— Goodrich Rub 27 ... 26% 26% Kelly-Spring: .37 ... 36 % 38 US Rubber, 46% ... 45 46% Equipments—• Amer Loco .135 ... 134% 137 Baidw Looo .125 122% 122% 125% Gen Elec A. .176% ... 176% 178 Lima Loco .. e3% ... 62% ... Westh Elec. . 55 % ... 55 65 % Steele— Bethlehem... 51% ... 50% 50% Crucible 68 64% 65% 68% Gulf States.. 75% 72% 72% 76% Replogrle ... 15% ... 15 16 Rep 1 and S 47 % ... 45 % 47 % U S Steel ..93% 91% 91% 93% Vanadium 30% 29% 29% *31% Motor*— Am Bosch M 32 % ... 32 % 33 % Chand Mot.. 53 47% 49 53% Gen Motors. 14% 14% 14% 14% Max Mot A. 41% ... 38% 42% Max. Mot. B. 13% 13% 13% Studebaker ..105 101% 101% 105% Stew. Warn.. 14 79% v 83% Timken 38% 37% 37% 38% Minings— Dome Mines. 37% 37% 37% GRAINS ADVANCE IN LATETRABING Wheat Thrashing Proves Disappointing in Sections, By United Financial CHICAGO, June 25.—Backed by good local support, after a clay marked with dips and rallies, grair.s took on strength late today and closed higher. Trade in wheat w r as nervous and erratic with many dips and rallies featuring the day’s session. Some buying developed when Southwestern advices showed*wheat being harveted was not coming up to expectations, and that the yield would average 12 to 14 bushels per acre instead of 14 to 20 bushels, as previously estimated. Good local support followed by news of diminishing country offerings and active Southwest demand brought strength to corn. Oats were strong. Unless cooler weather sets in damage to the crop is expected to be severe. Provisions continued dull and lower. Chicago Grain Table —June 25WHEAT — t Prev. Open. High. Low. Close, close. July .1.04 1.00% 1.03% 1.04% 1.04% Sent .1.04% 1.05 1.03% 1.04% 1.04% Dec. .1.06% 1.07% 1.06 1.07% 1.06% CORN— July . .82% .83% .82 .83% .82% Sept. . .78% .79% .78% .79% .79% Dec. . .67% .68% .67 .08% .67% OATS— July . .41 .41% .40% .41% .41 Sept. . .37% .38 .37% .37% .37% Deo . .39% .39% .39% .39% .39% LARD— f July. 10.95 1095 10.90 10.95 10.97 July.. 9.10 912 9.02 9.05 9.12 Sept 30 9.35 9.30 9.32 9.37 July.. .64 .04% .64 .64% .04% Sept.. .07 .67% .06% .67 .66% CHICAGO, June 25. —Primary receipts: Wheat. 1.067.000 against 1,033,000: corn, 724.000 against 1.144.000; oats. 680,000 against 5,30.000. Shipments—Wheat. 745,000 against 936,000; com, 288,000 against 616,000; oats, 597.000 against 563.000. CHICAGO, June 25. —Car lot receipts: Wheat. 13: corn, 78: oats, 40: rye, 2; barley, 6.

CHICAGO. June 25. —Wheat—No. 2 red, si.litf No 3, $1.12: No. 2 hard, $107% 1.07%. Com—No. 1 yellow, 85H@850ic; No. 2. 85@S5%c; No. 3, 8oc: No. 4. 84%c: No. 5. 84c: No. 1 mixed, 84@84%c: No. 2, 84®84%c: No. 6, 80@81e: No. 2 white, 84 %c. Oats—No 3 white, 42® 44c; No. 4. 44c: standard. 42%c. Barley—None. Rve —65 %c. Timothy—ss.so® 6.50. Clover —sls® 17.50. Grain Briefs CHICAGO, June 25.—Oats harvesting in the Southwest is progressing and promises a favorable yield, the Department of Agriculture announced. Prospects for wheat throughout the prairie provinces are more favorable than for many years. With farmers of Illinois and Indiana hold-' lng wheat supplies, awaiting higher prices. Chlease may look for limited arrivals until at least the middle of July, a pit operator declared. Despite heavy abandonment In the wheat acreage of Ford & Hodgema Counties, Kansas. there still remains considerable acreage that will yield from five to twelve bushels. Experts believe the estimate of the Argentine corn surplus is 60 per cert under estimated. Shipments last week aggregated 5.000,000 bushels. Harvesting is general In central Missouri on a large scale. The relatively low rye value is the result of a drastic decres-.e in German importations. Julius Barnes, leading Northwestern miller, declared. Cloverseed Market Clover seed was quoted s7® 10 a bu. In Indianapolis Local Wagon Wheat L/Ocal mills are paying: $1.05 /or No. 2 red. NASTY SWIPE AT FLY NETS MAN LOOSE EAR Bicknell Citizen Suffers Slash Aimed for Tormentor. By Times Special BICKNELL, Ind., June 25.—1 t was a dirty swipe that Ode Parker aimed at a fly that had settled on his ear for a rest while Parker was shaving;. Parker wasn’t very accurate with his razor hand, and the result of his disturbing the pestiferous fly was a neat slash on the ear. Physicians took seven stitches in piecing it back together. BOTH DRIVERS COMPLAIN Men in Accident Accuse Each Other of Speeding. Thomas C. Bums. 5121 Broadway, today reported to police that his automobile was struck by a speeding machine at Seventeenth St. and College Ave. Thirty minutes later Glenn Cutter, colored, 1523 Massachusetts Ave., reported the same accident. Cutter declared that Bums wae speeding, police said. j

„ 1:45 Prev. High, Low. and. m. close. Int. Nickel... 13% 13% 13% Coppers— Am. Cmelt. .. 58% 46% 69% Anaconda ... 41 % 40 % 41 Kenncott ....35% 34% 34% 34% Oils— Cal. Petrol... 22% 21% 21% 22% Cosden 43% 42% 44 Houston Oil.. 56% 64% 54% 68 Marland Oil.. 40% 39 39% 39% Pan Am Pete 68% 66% 60% 08% Pan A. P. B. 05 61% 64% Pac. Oil 35 34% 34% Phillips Pete. 44 43 43 44% Pro. A Ref.. 39 38 39 Pure Oil 19% 19 18% S. Oil of Cal. 62% 61 62 S. Oil of N. J. 34 33% 34% Sinclair 25% 24% 25% Texas Cos.. . 43 % .... 43 43 % Industrials— Allied Chem. 67% 67% 68% Am. Can. ..93 90% 90% 93% Amer. Ice... 95% 95 95% 90% Amer. Wool.. 80% 85% 85% 87% Coco C01a... 79% 77% 77% 78% Comp. A Tab. 70% 70% 70% 70% Cant, Can... 47% 40% 46% 47% E*n. Players 74% 74% 74% 75 Inter. Paper 38% .... 38% 39% Mont. AW.. 21% .... 20% 21% Sears-Roe. .75 .... 75 74% U. S. In. Ale. 50% 59% 59% 51 , Am. T. AT. .122 121% 121% 122 Consol. Gas.. 59% 58% 58%. 69% Col. Gas 98 97% 97%' 98% Shipping— 1 Am. Int. Cor. 19% 18% 18% - In. M. M. pf. 25% 25 25 20% Foods— Am. Sugar... 71 09% 69% 70% Com Prod... 128% 125% 127 128% Cub. C. S. pf. 47% 44% 45 47% Cub. Am. Sg. 29% 27% 27% 29 Punta Alegre 56% 54% 54% 50% Tobaccos— Am. Tob. C 0.145 144 144 Tob. Prod.. .. 80% ...... 80% 80%

RISING TENDENCY NOTED IN EARLY CURB TRADING Oils for the Most Part Show Substantial Gains. By United Financial NEW YORK, June 25—Dealings on the New York curb market today displayed steadiness, with an undertone of quiet strength that manifested itself in the rising trend of several issues. Oil stacks were prominent in the initial dealings and the leaders, for the most part, showed gains. International Petroleum opened at 17, up %; Standard of New York at 38% was up %, and Vacuum at 47% was up %, while Standard of Indiana ran counter by dropping a similar amount. Cleveland, among the motors, sold off %, while Willys first preferred advanced %. Radio sold at 3%. Indianapolis Stocks —une 25 .... Bid. Ask. Am Cent Life 200 ... Am Creosoting Cos pfd 97 ... Belt R R com 06 70% Belt R R pfd 52 ... Cent Bldg Cos pfd..... 98 ... Cities Serv com '. 130 187 Cities Serv pfd 64 1 66 Cit Gas Cos com.. 26% 28% Clt Gas Cos pfd 99 101% Ind Hotel com 100 ... Ind Hotel pfd. . 100 Ind Nat Life 8 Ind Pipe Line Cos . 98 100 Ind Title Guar Cos 70 80 Indpls Ab pfd 48 Inlpls Gas 49% 53 Indpls A, North western pfd. . . 40 ... Indpls A Southeastern pfd 60 Indpls! St R R 03% 00 Indplrf Tel pfd 90 ... Mer Pub Util Cos pfd 84 Nat Mot Cos 1 3 Pub Sav In Cos 12 ... Rauh Fer pfd 60 ... Sand Oil of Ind 54 ... Sterling Fire Ins Cos 8% ... T H I A E com 3 7 THI A E pfd 14% .. . T H Tr A Lt Cos pfd 93 100 Union Trac of Ind com 3 6 Union Trac of Ind Ist pfd. . . 25 35 Union Trac of Ind 2d pfd.... 7% 9 Van Camp Prod Ist pfd 100 Van Camp Prod 2d pfd 100 Van Coal Cos com. 2 4 Van Coal Cos pfd 12 15 Wab Ry Cos com 8 10 Wab Ry Cos pfd 28 30 Bonds Belt B S Y 4, May, '3O 81 B R 5s 05 09 Cit Gas 5s 80 88 Cit Gas 7s 100 102 Cit St R R 55... 83% 85 Ind Coke and Gas 6s 90 94 Ind Hotel 5s 92 ... Ind Hotel Cos 2d 0s 99% ... Ind North 5s •. 47% ... Ind Ry and Lt 5s 89 ... Ind Union Trac 6s 47% Indpls Ab Cos 7%a 100 Indpls Col A So 6s 97 100 Indpls Gas 5s 80 88 Indpls Lt and Ht 5s : 94' 95% Indpls A Mart 5s 59% 63% Indpls North ss. . 61% 56 Indpls A Northwestern 55.... 63 54 Indpls A So E os ... Ind Shelby A S E 6s , ... Indpls St Ry 4s 04 66 Indpls Trac and Term 65... . 85 % ,97 % Indpls Union Ry 5s 94 ’... Indpls Union Ry 4%s 94 ... Indpls Water 6s 99 100 Indpls Water 4%s 85% 88 South Ind Power 6s 101 Kokomo Marion A W 5s 104% 105 T H I A E 6s , 69 74 Union Trac of Ind os. 69 71 Sales SI,OOO Indpls St R R 4s 04

CITY ADVANCES WRIGHT Vacancy In Purchasing Department Causes Changes. Henry E. Wright, 1937 Adams St., today was appointed seeond assistant city purchasing agent upon reported agreement of six city councilmen to fill the vacancy caused by it he appointment of former second assistant Elmer Williams to the position of first assistant. Williams takes the place of Raymond Wright, recently promoted to purchasing agent In the place of Jesse E. Miller, who resigned June 16. LOCAL SEARGH EXTENDED Polio® Over Country on Lookout for Perry Smith. Police departments over the country were asked today to search for Perry W. Smith, 37, reported missing from his home, 8317 W. Eleventh St., since Tuesday, June 17. According to his wife, Mrs. Gertie Smith, he suffered a nervous breakdown and she fears he has come to harm. When last seen he was wearing a gray suit, tan cap and black shoes. He has blue eyes, light hair, weighs 135 pounds and is five feet nine Inches tall. Power Company Surrenders Contract. The Greencastle Gas and Electric Light Company today surrendered its franchise in Greencastle and petitioned the public service commission for authority to operate under an indeterminate permit. Utilities desiring to operate under the public service commission are required by law to surrender their franchise before July 1, this year. State Receives Bid Bids on groceries and supplies for three months to be used in the twenty State institutions receiving goods through vthe Joint purchasing committee w#re received today. Bids on a year’s supply or electrioal supplies and on ' automoHJje tires also were received.

. THE INDIANAPOLIS TIMES

DECLINE IN DOG PRICESJS SLIGHT Lack of Orders Causes 5 to * 10-Cent Break. Hoc Prices Day by Day 19. 7.65® 7.70 7.70® 7.75 7.70® 7.75 20. 7.85® 7.85 7.85® 7.90 7.90® 7.95 21. 7.75 7.75® 780 7.80 22. 7.50 7.55 7.66® 7.60 23. 7.55 7.65 7.65 25. 7.45@ 7.50 f.45® 7.50 7.45® 7.60 Large offerings of hogs at lading primary market centers caused a decline in prices at the local stockyards today, despite rather light receipts totaling 6,000 inclusive of 773 carried over from Saturday's run. The decline was 5 to 10 cents with all grades selling at two prices, 7.45 and 7.50. No sales outside this range were reported and the number sold at each was about even. A lack of shipping orders was the chief depressing factor, though warm weather still is curtailing the demand from local packers. Sows and pigs were generally steady. The cattle market was slow, and weak with only prime cattle selling above 10 finding any real demand. The cheaper grades moved very slowly and at somewhat lower prices. Receipts 600. The calf market was steady with choice veals selling down from 10 and the bulk from $9 to $lO. Receipts 400. The sheep and lamb market was less active than usual due to light receipts of 150. Spring lambs were steady at sl4 down and ewes sold at Saturday’s quotation of $6 down. —Hogs—--160 to 200 lbs $ 7.45® 7.50 Medium .. . 7.45® 7.50 Heavy 7.46® 7.50 Top 7.50 Pigs 6.50® 7.00 Packing sows .. .j 6 00@ 6.50 -CattleFew choice steers slo.oo® 11.00 Prime corn-fed steers, 1,000 to 1.300 lbs 9.00® 9.50 Good to choice steers, 1,00-1 to 1.100 lbs 8.50® 9.00 Good to choice steers, 1,000 to 1,200 lbs B.oo® 8.50 Good to choice steers, 1,000 to 1,700 lbs 7.50@ 8.00 Common to medium steers, 800 to 1.000 lbs (,7.25® 7.50 —Cows and Heifers— Choice light heifers $ 8.50@ 9.50 Good light heifers . ,-e. 7.00® 8.75 Medium heifers 6.00® 7.25 Common heifers 5 00® 6.00 Fair cows - 4.00® 5.00 Cittters 2.75® 3.25 Canners . 2.25® 2.50 —Bulls— Fancy butcher bulls , ...$ 6.00® 6.50 Good to choice butcher bulls. 5.00® 5.50 Bologna bulls 3.73® 4.50 \ —Calve*— Chblce veals $ 9.50® 10.00 Good veals 9.00® 9.50 Medium veals B.oo® 9.00 Lightweight veals .......... 7.50® 8.00 Heavyweight veals 7.00® 7.50 Common heavies ........... 6.00@ 7.00 Top 10.00 —Sheep and Lambs— Culls $ 2.25® 3.25 Good to choice ewes B.oo® 6.00 Few choice lambs 13.00® 14.00 Heavy lambs 11.00® 13.00 Cull lambs

Other Livestock By United Financial CHICAGO, June 25.—Hogs—Receipts, 64,000; market, 10@16e lower: top. /$7.85; bulk, $.0.75 @7.30; heavyweights, $6.75® 7.30; medium, [email protected]; light. $6.85 @ 7-35; light lights, [email protected]; heavy packing sows, $o 8500: killing pigs, s6@7. Cattle—Receipts. 23.000: market very slow, practically nothing dono: killin(r quality plain; many light graay steers offered: water filled liberal; bidding 15®25c lower: on light killing classes: few early sales; beef steers, $9.25® 10.50; Stockers 25c lower; best yearlings early, $10.85: bidding around f2.50 on desirable canner cows: bulls. 10® 5c lower; packers bidding around $9 on desirable vealers, gow upward to $lO to outsiders; Stockers and feeders scarce, about eteady; bulk, $3.50 @B. Sheep—Receipts, 11,000; market, best fat lambs firm, others Blow around steady; top. $16.50: bulk, $14.50® 15: culled mostly $8.50@9: sheep steady. CINCINNATI, June 25—Cattle—Receipts, 17,000; market, slow weak to 25c lower; ..shippers, $9 @ 10.25. Calves—M arket, steady; extras, $9 @lO. Hogs—Receipts. 4,700: market, steady to 5c lower; good or choice packers, $7.00. Sheep—Receipts, 1,600: market, strong; extras, $3.50®5.50 Lambs—Market, weak tfl 50c lower; fair to good, sl4 @ls. CLEVELAND, June 25, —Hogs—Receipts, 5,000; market, steady; yorkers, $7.75; mixed, $7.75; medium $7.75; pigs, $8 75: roughs, $5.75: stags. $4. Cattle—Receipts, 1,200: market. 26c lower: good to choice bulls. $0.50 @7.50; good to choice steers, [email protected]; good to choice heifers s7® 8.50; good to choice cows, [email protected]; fair to good cows, $4 @6.50: common cows, [email protected]; milkers, $40@75 Sheep and lambs—Receipts. 1.200; market, steady; top, sls. Calves —Receipts, 700; market, $1 higher: top. sl2. PITTSBURGH, Juno fes. —Cattle—Receipts. 55 loads; market, steady; choice, $10.50® 11.25: good, $9.50® 10.25; fair, $7.26@9; veal calves, $10.50@11. Sheep and lambs—Receipts. 8 dd: market, steady: prime wethers, $7®7.50: good, sß® 6.50; fair mixed, $4.75(3)5.75; lambs, sll@l2. Hogs—Receipts, 30 dd; market, steady; prime heavy. [email protected]: mediums, $8.25 @8.30: heavy yorkers. $8.25(3 8.30: light yorkers, $7.50®8: pigs, [email protected]: roughs, $5 @5.75: stags, $3. EAST ST. LOUIS, June 25.—Cattle—Receipts, 4,000; market 10® 15c lower; native beef steers, $8.50 ®> 10; yearlings and heifers. [email protected]; cows, [email protected]; canners and cutters, $1.75 @3.26; calves, [email protected]. Hogs—Receipts, 17,000; market 10c lower; heavy, [email protected]: medium, *[email protected]; lights, [email protected]; light lights, $6.26 @7.50: packing sows. $5.85 @ 6.10; pigs. $0.25@ 7.35: bulk, [email protected]. Sheep—Receipts. 6,000; market 25c lower; ewes, $3.50 @5.50; canners and cutters, $1 @3.50; wool lambs, $13@15. EAST BUFFALO, June 25.—Cattle—Receipts. 3,000; market active, steady; shipping steers, slo@ 11.50: butcher grades, $8 @9.85; heifers. [email protected]; cows, $2.50@ 6.75; feeders, s6® 7.50; bulls. $3 @5.75. Calves—Receipts. 3,500; market active, steady: culls to choice, $3.5011. Sheep and lambs —Receipts, 2,400; market active, steady: 600 lower; choice lambs. $1: cull to choice. [email protected]; yearlings. [email protected]; sheep, $3 @B. Hogs—Receipts. 14.400; market active, 25 @ 50c lower; Yorkers. s7® 7.90: pigs, $7 @7.25; mixed, $7.86; heavies, $7.85; roughs, [email protected]; stags, $3.50 @4.

FORD DOESN’T OBJECT TO PRESIDENTIAL BOOM Activity in That Direction Is Not Distasteful, Says Secretary. By United Pres* SAVANNA. Ga., June 26.—Henry Ford has no objection to activity boosting him as candidate for President, according to a letter written by E. G. Llebold, secretary to the automobile manufacturer. E. S. Fuller, local attorney, wrote to Liebold regarding circulation of petitions urging Ford to run for President. The secretary replied: “In view of the interest displayed,' Mr. Ford can have no objections to further activities In that direction.” KNIFE ATTACK ALLEGED George Chatman in Serious Condition at City rtospitai. George Chatman, 815 Torbet St., Is in the city hospital today suffering from severe knife cuts in trfe neck following a fight with Robert Darker. Chatman was charged with vagrancy. When police arrested Darker they said they found him with a knife in his hand. Darker turr\pd on the police, according to officers. He was charged with assault and battery and resisting arrerst.

WO SWIM WEEK’FINDS 1,000 SEEKINGLESSONS Mayor Calls Upon City to Take Advantage of Instruction, “Learn-to-Swim” week, staged by the Red Cross and the city recreation department, started today with nearly a thousand children clamoring for instructions, at different pools, and a strong indorsement of the swimming campaign from Mayor Shank. “In view of the number of deaths by drowning this year, and the many more drownings that may be expected, if suitable precautions are not taken, I most heartily indorse ‘Learn-to-Swim week,’ ” said Shank. “And I most heartily call upon those who have not learned to swim to take this opportunity to receive free lessons from competent instructors.” Hours of instructions at the city’s municipal pools are from 9 to 11 a. m., 2 to 4 p. m., 6:30 to 8:30 p. m. at the Willard, Ringgold, White River bathing beach, and Douglass pools. Adult classes will be taught at the White River bathing beach from 6:30 to 7:30 p. m. There will be day and night instructions at Riverside beach. Hours at the Y. W. C. A. will be 9 to 10 a. m., 11:30 a. m. to 1:30 p. m., 5:30 4 p. m. to 6 and 7to 7:30 p. m. All swimming instructors are members of the Red Cross Life Saving Corps, and many belong to the ranks of the A. A. U., which has approved the Red Cross movement. Marriage Licenses F. P. Brown, 32. Cleveland; Dorothy Brown, 30 ,306 E. New York. H, B. West. 31, 500 E. Drive, Woodruff Place; Hilda Kirkman. 25, 255 S. Audubon Rd. F. B. Ross, 23, Occidental Hotel: Vera Moore, 19, 130 W. Tenth. ■’ .* , J. W. Shorten, 27. 844 Woodlawn; Charlotte Stuart, 17, R. R. G, bay 54-G. W S. Sering, 48, 935 N. Meridian: Laura King', 43, 1114 N.- Illinois. John McDamon, 27, 1016 wT Vermpnt; Rebecca Johnson. 27, 586 W. Jones. Jesse Sims, 24 1417 Harlan: Marion Reickert, 29, 1417 Harlan. R. W. James, 52, 111 N. East: Drusie Malott, 42, 20 N. Oriental. Tom Mitchell, 39, 1736 Boulevard; Dora Parker, 33, 337 W. Seventeenth. O. R. Hardy, 21, Bloomipyton: Mary E. Lane, 19, 2614 Bertha. C. W. Oldt, 20, 317 E. Twelfth: Thelma Ivey, 18, 1030 Park. P. F. Halstead, 28, 2216 N. Meridian: Anna Scott, 25, Methodist Hospital. J. C. Ross. 28, Newcomerstown Ohio: Doris Stackhouse, 18, 1116 N. Capitol. H. L. Lawler. 23, Y. M. C. A.: Mary Duckworth, 20, 1541 Central. C A. Patterson, 21, 1359 W. Ray: Pearl Hunter, 21, 5134 E. St. Clair. J. Y. Smith. 27, 2178 Talbott; Charlotte Spltzer, 20, 1727 N. Delaware. F. J. Swindell. 26, Newcastlo: Sarah Carmen Coulson, 25, 5302 Burgees. J. J. Hodge. 3147 Ethel; Letha Judd. 18, 709 Maxwell. A. N. Cook. 21. 658 Birch; Henrietta Dawson, 19. 743 E. Fifty-Sixth. E. E. Mowrey, 25 . 821 N. New Jersey: Anna Beckem, 34, 821 N. New Jersey. K E. Philpott, 22. 535 Kentucky; Mary L. Mathis, 24, 635 Kentucky. H. E. Macy, 19, 625 N. Davidson; Ruth Mundeu, 10, 2035 Hovey. G. C. Brucs, 22, 2014 Ludlow; Violet Rathsam, 18, 1349 N. Dearborn. laadore Shane, 24. 1635 N. Capitol: Sophia Granowsky, 24, 2060 Bellefontaine.

Births Girls Carl and Bertha Elliott. 3821 Central. Harry and Ruth Wallace, 1029 Berwyn. Kemper and Sara Peacock, St. Vincent Hospital. Walter and Laura Hardin, 815 S. Sheffield. _ Chris and Anna Petit. Deaconess Hospital. John and Edna Ealy, city hospital. Boys Jefferson and Minnie Armour, 1434 Martindale. . , Dalmer and Bessie Brownlee. Methodist Hospital. „ Walter and Rose St. Clair, Methodist Hospital. j Will and Ruth Shilling, 215 El St. Joseph. Harold and Berhice Crisp. St. Vincent Hospital. Clarence and Violet Fortner. 4339 E. Sixteenth. John and Lena Grindon, 1001 W. Morris. Orville and Velma Clifton, 2214 Morgan. John and Georgia Long, Deaconess Hospital. Loren and Zada Huston. 2350 N. Capitol. George and Florence Campbell, city hospital. Joseph and Fannie Hawkins, city hospital. , Chester and Rena Miller. 245 Parkview. Deaths Marshall E. Gibbons, 47. Central Indiana Hospital, chronic interstitial nephritis. Sadie Chambers, 63. Central Indiana Hospital. chronic myocarditis. Edward Joseph Hillenbrand. 47, city hospital, peritonitis. James Stamm, 75, 1417 W. Ohio, chronic myocarditis. Sarah A. Martin. 79. 1019 Oakland, oronlc myocarditis. Amanda Ella Pence. 75, 2415 Ashland, chronic interstitial nephritis. Mary Plummer, 77. 921 Chase, mitral insufficiency. Aionze D. Hayes, 39, 729 E. Georgia, mitral Insufficiency. James Garvin, 52, 443 W. Eighteenth, chronic myocarditis. Catherino Stevens, 91. 2432 Prospect, arterio sclerosis Jennie Lewis. 60, St. Hospital, chronic myocarditis. Anna B. Horton, 48, 629 Lord, chronic myocarditis. Amelia Flannagan, 40, St. Vincent Hospital, chronic nephritis. . Edith Weatherly. 28. city hospital, pulmonary tuberculosis. Building Permits James Mitchell, dwelling," 212 N. Holmes, SI,BOO. Ed Ransom, addition, 1630 E. Legrande. S2OO. Lena Fitzlaff. garage. 414 N. Hamilton, $250. Charlotte E. Arnold, garage. 312 N. Keystone, $250. Willima F. Golden, dwelling. 1508 Comer, S2OO. L. M. Reed, garage, 311 N. Audubon, $398. A. F. Kitts, double, 2150 Avondale, $3,000. Roy C. Wikoff, garage. 347 N. Holmes, S2OO. Mrs J. A Conkey, dwelling, 3009 Washington. $5,200. BANDITS’ TRICK FAILS Form Os Man Lying in Road "Captured” by Police Chief. By Times Special VINCENNES, Ind., June 25.—Dying across a road near here In the dark was the form of a man. Three young men stopped to Investigate. Then they notified Chief of Police Highflll. It was the trap of robbers to stop motorists, the chief thought. He dumped the form into his car and took It back to town. It was a neatly stuffed affair, which would fool the average motorist. EMPLOYES ADD TO FUND Employes of the William H. Blofck Company have added $2,600 to the SIO,OOO gift of Mr. an£ Mrs. William H. Block for the Riley Memorial Hospital. T*he gift was collected in one day’s time by the Mutual Aid Associa.tlon of the department store.

TWO RESCUED BY RIVER LIFE GUARD William Liebold Saves Girl After Joke of Companions— Pulls Youth Out by Hair,

Two Indianapolis people owe their lives today to the skill of William Liebold, supervisor of life guards at Riverside Municipal Bathing Beach. Liebold saved Miss Hazel Chambers, 17, of 1305 W. 'thirty-fourth St., and Ray Brown, 19, Ohio Hotel, from drowning Sunday. Miss Chambers, according to beach authorities, was swimming just outside the safety lines, in water six and onehalf feet deep when two men swimming under water grabbed her. She

BRITISH LIQUOR IS TAKEN FROM LINER BY U. S. p —. Dry Agents Lug Cases Ashore by Hand as Crew of Large Ship Lounge About, By United Press NEW YORK, June 25, Case by case, beer, wine and , liquors were taken from the Cunard liner Bernegarla today and handed over by customs officials to dry agents ashore. The stores of beverage liquor, brought in under seal in defiance of the Volstead act as applied to the three-mile limit, were carried off the big liner by hand, a slow process, while the Berengaria’s crew lounged about. Supplies of liquor known to have been brought in on other foreign vessels would be dealt, with, customs officials said, after the Berengaria’s booze had been removed. % BALDWIN O. K.’S ACT British Premier Against Protest by English. By United Press LONDON, June 25.—Premier Stanley Baldwin annonuced in the house today that he could see no ground for a British government protest against the breaking of its customs seals in American territorial waters by officials of the United States. FRENCH TO PROTEST Premier Poincare Favors a Delay. By United Press PARIS, June 25. —An official French protest against American seizure of liquors on steamers .flying this country’s flag will be dispatched to Washington, if the New York customs authorities go through with their program of breaking the French seals. Premier Poincare favors delaying any other action until the next session of the American Congress, in the belief that the law will be changed. Other officials are talking reprisals.

HOW 10 REVIVE WATER!* 'Don’t Give Up,' Is-Advice of Dr, H, TANARUS, Wagner. Dr. Herbert T. Wagner, director of first aid of the local Red Cross, who will lecture In the '‘Learn-To-Swim” campaign this week, today gave these Instructions for reviving water victims: * 1. Place the patient face downward, allowing his mouth to rest on one hand. 2. Kneel astride the body, placing no weight upon it. 3. Place the palms of the hands across the small of the back with the thumbs nearly together. 4. Let your weight fall upon your hands, forcing the air out of the patient’s lungs. 5. Quickly release the pressure, allowing the air to rush into the pa-tient’s-lungs. 6. The rate of the operations should be about twelve times a minute. 7. Don’t give up!

SEVEN DEAD IN DAKOTATORNADO Buildings Demolished and Communication Broken, By IJniSed Press ST PAUL, Minn., June persons are reported to have been killed In a tornado at Hettinger, N. D., according to word received today from Aberdeen and Fargo. Railroad reports said a tornado did heavy damage in Adams County, of which Hettinger is the county seat. AH communication lines in the area were torn by terrific storms. Heavy damage was reported from Breckenridge, Waipedon and Foxholm, Minn. Buildings at New Rockford, N. D., and Chippewa Falls, Wls., were damaged. Four persons are known dead in Minneapolis, bringing the storm mil in this State to seven fatalities. TEN INJURED WHEN CAR LEAVES RAILS Inteururban Plunges Into Houser at Parma, Mich. By United Press ALBION, Mich., June 25.—Ten persons were seriously injured, perhaps fatally, when the Michigan United Interurbg.n, running between Jackson and Albion, jumped the track and crashed into a building at Parma, fifteen miles east of here, at noon today.

sank. The men arose and shouted for help. Liebold pulled her ashore after she had been under about a minute and a half. She was unable to leave for half an hour. Brown was shimming In twenty-five feet of water when he streamed, "I’m drowning.’’ Liebold, near by in a boat, grabbed Brown by the hair just as he was,sinking. Sunday bathers at this beach numbered 3,500.

ACCUSED JURY BRIBERS TRIAL IS POSTPONED Men Are Said to Have Tampered With Jury in Small Case. By United Press WAUKEGAN, 111., June 25.—Trial of John Fields and two others charged with conspiracy in connection with alleged “bribing’’ pf the jury which acquitted -Governor Len Small, was today postponed- until Tuesday. The postponement was granted by Judge Hopkins, Chicago, to permit testimony by “Big* Dave” Ersman, Chicago. Small was acquitted of conspiracy to embezzle State funds. ‘SAFE AND SANE’ . FOURTH IN STORE * I \ Fire Prevention Chief Starts New Crusade, "Fourth of July is a patriotic occasion and people should prove their loyalty by protecting the resources of their country and the lives of their fellow citzens,'’ said Jacob E. Riedel, city chief of fire prevention, today as he inaugurated a campaign for a safer Independence day. Chief Riedel will speak at firehouse No. 19, Morris and Harding Sts., tonight. Friday night he will talk at fiirehouse No. 26, Raymond and Webb Sts. . “The popular ‘sparkler 1 causes great damage,” he said. “The sparks are harmless, but the metal wire becomes white hot and will ignite Inflammable materials. “We intend to prosecute Infringements of the explosives law more vigorously than ever before,” he sai<J. TWO BOUNDOVER IN THEFT OF RING Victim’s Husband Aids Family of Prisoner, Miss Myrtle Ferguson, 23, of Cumberland, rooming at 519 N. New Jersey St., charged with grand larceny, and Adin Badgley, 34, of Franklin, charged with receiving stolen goods, were bound over to the grand jury today by Judge Pro Tem William E. Reilley in city court. Badgley was held in lieu of SI,OOO bond and Miss Ferguson was released on a similar bond. Miss Ferguson, according to detectives, found a S6OO diamond ring lost by Mrs. Arthur Vallnetz, 4440 Central Ave., June 11, and gave it to Badgley. Miss Ferguson is said to have admitted giving the ring to Badgley. She said she did not know the owner. Badgley’s wife and children are needy, it was testified. Mrs. Valinetz* husband, a jeweler, made a donation to them. *

DARK-TO-DAWN FLIGHTPOSTPONED Lieut, Maughan Will Make More Test Trips, By United Press MINEOLA, N. Y., June 25—Lieut. Russell Maughan apparently does not Intend to attempt his sunrise to sunset flight across the continent for another ten days or fortnight. After a plane has been assembled to Maughan’s satisfaction, he will make two or three test flights. It had been expected Maughan would be ready to jump off for the coast early i this week. COURT GRANTS APPEAL Stockholders of Indiana National Life j Protest Attorney Fees. An appeal to Supreme Court of a judgment of $60,000 attorney fees for handling the receivership of the In- i dlana National Life Insurance Com- | pany was granted the’ Hawkins Mort- ; gage Company, majority stockholders, today in Superior Court by Judge Sid- | ney S. Miller. Morton S. Hawkins, president of the : mortgage company, contended a fee of i $35,000 to Solon J. Carter, receiver’s attorney, and $25,000 to FYed Simms, ! receiver, was too high. The receiver : sold the assets of .the insurance company for $380,000 cash. DEATH SUMMONS VETERAN Lewis S. Barge Will Be Laid to Rest Tuesday. Taps again have sounded for a. Civil War veteran. Lewis S. Barge, died at his home, 3028 University Ave J Sunday. Funeral will be held at tbt> home Tuesday afternoon with burial in Crflwn HUI

WEATHER EM TO GIVE HELP IN BALLOON CONTEST Pilots -Will Get Reports on Air Conditions by Radio, Leroy L. Samuels of the T 7. S. Weather Bureau at Washington will arrive in Indianapolis Saturday to begin special observations to determine air,conditions for the national balloon race, July 4, at the Speedway, J. H. Armington, local meterologist, announced today. Admiral Moffet, chief of naval air service, will assist in observations. Small balloons will be let off some downtown building Saturday to determine the air pressure and velocity at various heights. Other observations will be made throughout the United States. After the balloons have ascended "On the day of the race, radio reports of weather conditions will be broadcasted from radio stations at Chicago, Detroit and, Washington, D. C-, to balloons equipped with radio receiving sets. Interest in the race is being manifested throughout the State, Elaine McGrath, Chamber of Commerce promoter for the race, said today. Thousands of tickets are being sold daily.

HARDING STANDS FOR PROHIBITION (Continued From Page 1) who do not, not a contention between those who want to drink and those who do not; lt is fact being raised above all that, to recognition as an issue of whether the laws of this country can be and will be enforced. “So far as the Federal Government is concerned —and I am very sure, also, as far as concerns the very great majority of the State governments and the local governments—lt will be enforced. Basic Law of Land “The prohibition amendment to the Constitution is the basic law of the land- The Volstead law has been passed, provldnig a code of enforcement, I am convinced they are a small apid greatly mistaken minority who believe the eighteenth amendment will ever be repealed. Details of enforcement policy doubtless will be changed as experience dictates. “Further, I am convinced whatever changes may be made will represent the sincere , purpose of effective enforcement, rather than moderation of the policy. It will be the part of wisdom to recognize the facts as they stand / “It'ls a curious lDustniton of too loose thinking that some people have proposed as a means of protecting the fullest rights of the States, that the States should abandon their part in enforcing the prohibitory policy. That means simply an invitation to the Federal Government to exercise powers which should be exercised by the States.

Government Considerate "The national Government has been uniformly considerate of the senslbilites of the States about their rights and authorities. But when a State deliberately refuses to exercise the powers which the Constitution expressly confers on it it obviously commits itself to a policy of nullifying State authority, the end of which we are reluctant to conjecture. “We must recognize there are some people on both sides of this question whose minds It is absolutely paramount. “It was very generally believed the adoption of the constitutional amendment would take the question out of our politics. Thus far It has not done so. Though I venture to predict neither of the great parties will see the time, within the lives of any who are now voting citizens, whan It will declare openly for the repeal of the eighteenth amendment. But despite all that the question Is kept In politics because of the almost fanatical urgency of the minority of extremists on both sidles. Favors Universal Prohibition. "Many! citizens, not teetotlers in their habits, lawfully acquired stores of private stocks in anticipation, of prohibition pending the ratification of the amendment and the enactment of the regulatory law. Many have no scruples against seeking supplies from those who sell it In deflanoe of the law. The latter practice is rather too costly to be indulged in by the masses, so there arf literally millions of Americans who resent the lawful possession of the few, the lawless practices of a few more and rebel against the denial to the vast majority. Universal prohibltloir in the United States would occasion far ,* less discontent than partial prohibition and partial Indulgence.” At the conclusion of his address Mr. Harding again spoke In favor of the world court, declaring that “he would like to go on with soul aflame In eagerness to aid human kind while promoting security for ourselves.” DR. JACOBS ON TRIAL California Man Is Accused Slayer of Dancer. By United Press SAN DIEGO, Cal., June 25.—'The second trial of Dr. Louis L. Jacobs, who is accused of the murder of Fritzie Mann, dancer, opened here today. ,

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