Indianapolis Times, Volume 35, Number 39, Indianapolis, Marion County, 26 June 1923 — Page 11
TUESDAY, JUNE 26, 1923
SHARP DRIVE IS ’LAUNCHED AGAINST INDUSTRIAL LIST Studebaker Drops to New 1923 Low, Followed Closely by Baldwin, The WALL STREET JOURNAL NEW YORK, June 26—Another sharp drive was launched against the industrial list at the start of trading on the stock market today. After opening fractionally higher, Studebaker was depressed to anew low at 100%, new low ground on the move was touched by Baldwin, Steel and other favorites. There was nothing mysterious about the decline, as professionals have ranged on the bear side for several months and had everything their own way when banking support failed to appear. First Hour Heavy selling of Studebaker, steel and Baldwin in the early dealings evidently was of professional origin and designed to facilitate covering in other sections of the list. This pressure was lifted before the end of the afirst hour, however, and a sharp rally Ensued in the industrial list. Studebaker recovered on the upturn, scoring an adanvce of 1% to 102%, while steel and Baldwin advanced a full point. Second Hour Professional pressure was concentrated on Baldwin in the late morning and this stock was depressed to anew low for the year. Bear operators were aided by a pessimistic letter sent out by an analytical service that had been bearish until recently. While this letter caused some liquidation, an important steadying factor was impressive support accorded Studebaker on many buying orders executed by the brokerage firm of Thompson & McKinnon, whose activities are ordinarily attributed to South Bend interests. Noon Hour Professionals continued their hammering tactics in the early afternoon and further recessions were forced throughout the list in the wake of a drop in Steel common to anew low lor the year at 90%. Studebaker also established anew low mark at 100% and Baldwin at 118%. But an oversold condition was brought to light when bears attempted to cover and sharp rallies of a point or more took place in issues that had borne the brunt of the morning pressure.
Fourth Hour Though prices in general showed ■some tendency to firm up in the afternoon trading, rails of the calibre %f Union Pacific, Heading, Chicago & Northwestern and Northern Pacific declined, induced largely by a bearish circular issued by a financial service which was extremely bullish when prices were considerably higher. Liquidation in these investment stocks created considerable irregularity as the selling progressed. Closing Hour Professionals continued to hold the field until the close of the day’s session and further progress was scored in the campaign against the passive resistance offered by leading banking interests. Disappointment was registered in the financial colony over the failure of Atchison to increase the $6 dividend rate as this stock had lately been singled out. for particular advancement on the hope that additional dividends would be declared. Twenty active industrial stocks on Monday averaged 91.48, off 1.82 per cent. Twenty active rails averaged 81146, off .97 per cent. Local Bank Clearings Indianapolis bank clearings Tuesday were $3,741,000; bank debits were $6,260,000. New York Money Market By United. Financial NEW YORK June 26.—Time money was at 5 to 5 % per cent. Trading- was at 5 per cent up to four months. Commercial paper, prime names. 5 per cent, others 514 per cent. t Foreign Exchange u United Financial NEW YORK, June 26. —Foreign exchange closed steady. _ „ , Sterling, demand. $4.61 1-16. Francs, demand 6.13 c. Lire, demand. 4.43 %c. Belgians' 5 23c. Marks. 140.350 to the dollar. Czeeho. demand. 2.99 He Swiss, demand. 17 87c Guilders, demand, 39.19 c. Pesetas, demand 14.81 c. Sweden, demand. 26.48 c. Norway, demand. 16.53 c. Denmark, demand, 17.76 c.
Business News
J>EW YORK. June 26. —The stock market action of Studebaker Motor has been a disappointment to its shareholders. For a stock paying $lO a share annually and earning three times that amount, around SIOO a share seems unusually low. Studebaker shares are widely held and there is no doubt that some of the selling has come from shareholders who have been frightened by bearish reports concerning the motor industry. BOSTON —"The events of the past two weeks nave shaken our faith." says Roger W Babson in advising clients who are unwilling to carry their stocks through a possible year of lower prices to sell immediately on every rally. “Business is at a crucial point.” it is added. “Such events as the failure of Knauth, Nachod & Kuhne and Zimmermann & Forshay are not to be turned aside ae unimportant. Increased commodity prices and inefficiency of labor are rapidly checking the Nation's purchasing power. We are especially determined by the great run of new securieties being issued." —— 3 LEGAL, NOTICES. (Concluded From Preceding Pace) NOTICE TO HEIRS, CREDITORS. ETC. In the matter of the estate of George W. Thompson, deceased. No. 03-20093. In the Probate Court of Marion County, June term, 1923. Notice is hereby given that Fanny V. Btyan. as administratrix of the above named estate, has presented and filed her 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 Bth day of September. 1923, at which time all heirs, creditors or legatees of eaid 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, k NOTICE OF APPOINTMENT. Notice is hereby given, that the underhas duly qualified as executor of esHHkif Tillman Beikes. deceased, late of M&Virglo be solvent.
Pontoon Glide Is New Frolic MISS CONSTANCE JETT (PADDLING) AND MISS CYNTHIA GORDON FOUND A PONTOON OF AN OLD SEAPLANE ON THE BANKS OF THE POTOMAC AT WASHINGTON AND EMPLOYED IT ROR A NEW SPORT IN THEIR WaTER FROLICS.
New York Stocks (By Thomson & McKinnon) —June 26
Railroads— At 1:45 Prev. High. Low. p. m. close. Atchison ...100% 99% 100 100% B. AO 48% 47% 47% 48% Can. Pac... 149% 148% 148% 149% C. & 0 62 60% 62% C.. R. I. & P. 29% 27% 29% Del. & Hud. 110 108% 108% .V. Gt. Nor. pfd 70% 68% 68% 70% Lehigh Val.. 61% 60% 60% 61% N Y. Cen.. . 101 % 100% 100% 100% Nor. Pac.... 70% 68% 69% 70% Pere Marq.. . 43% 42% 42% 43 Pennsylvania. 43 % .... 43 43 % Reading .... 72% 71% 72 So. Pac 87% 86% 86% 87% 9t. Paul pfd 35% 34 35% St L & S W 31% 29% 32% Union Pac.. 132% 131% 131% 131% Wabash pfd. 29% 28% 28% 29 Rubbers— Kelly-Spring. 35 ... 33% 35% U S Rubber 44% ... 42% 45 Equipment*— Am C and P. 163 % ... 163 165 Amar Loco .134% 131% 131% 133% Baldw Loco. 122% 118% 119% 121% Gen Elec ...174% ... 173 175 Lima Loco.. 62% ... 60% 62% Pullman ...115% ... 114 116% Weath Eleo.. 55% ... 54% 55 Steels— Bethlehem... 50 ... 49% 60% Crucible ... 66 % 64 % 64 % 66 Gulf States .73 ... 70% 73 Replo'rlc 17% 14% 14% 14% Rep I and S. 46% 44% 44% 45% U S Steel .. 92 90% 90% 91% Vanadium... 29 ... 28 % 29 % Motors— Chand Mot.. 50% ... 48% 48% Gen Motors. 14% 14 14 14% Max Mot A. 38% ... 37 38% Max. M. (B) 12% 12% 13 Studebaker ..102% 100% 100% 100% Stewart-W 81% 79% 79% 79% Timken .... 37% 36 37% Minings— Dome Mines. 36% .... 36% 37 Int. Nickel.. 13% 13 13 13%
DECLINE MARKS GRAINTRADING Heavy Liquidation Toward Close Weakens Prices. By United Financial CHICAGO, June 26 Heavy liquidation, brought about by favorable crop news, caused grain prices to decline at the close of the Chicago Board of Trade today. After July wheat had reached within a fraction of the former low and deferred months recorded new low values on the present crop, that market rallied with a fair class of buying. Some of the purchasers were made for export demand. Corn displayed independent strength. Stocks were ldw in practically all sections. Farmers in the vicinity of Des Moines are hauling supplies to warehouses despite high prices offered at country elevators. With trading light and lack of speculative demand, oats declined. Provisions firmed up late, with trading dull. Chicago Grain Table Jnue 26 — WHEAT— Prev. Open. High. Low. Close, close. July. 1.04% 1.04% 1.01% 1.02% 1.04% Sept. 1.03% 1.03% 1.01% 1.02% 1.04% Dec.. 106% 1.06% 1.04% 1.05% 1.07% CORN— July. .83% .83% .82% .83% .83% Sept.. .79% .79% .78% .79% .79% .79 % Dec.. .68 .68 .67% .67% .68% OATS— July. .41% .41% .40% .41% .41% Sept. -.37% .37% .37% .37% .37% Dec .30% .30% .38% .39% .39% LARD— July. 10 95 10.95 10.85 10.87 10.95 Sept. 11 20 11.20 11.07 11 12 11.20 RIBS— July. 9.07 9.12 9.07 9.07 9.05 Sept. 9.30 9.30 9.25 9.30 9.32 RYE — July. .63% .64% .63% .63% .64% Sept. .66% .66% .65% .66% .67 CHICAGO, June 26,—Primary receipts: Wheat. 813.000, agains 158,300: corn. 636,000 against 1,019.000: oats, 474,000, against 533.000 Shipments: Wheat. 386.000. against 1,062,000: corn, 339,000, against 525.000: oats, 609.000. against 661,000. CHICAGO. June 26.—Car lot receipts: Wheat, 20 com. 147; oats. 68: rye, 1: barley, 8. CHICAGO. June 26—Corn—No. 1 yellow, 85%c: No. 2. 85%@86c: No. 3.86 c; No. 6. 83@84%c: No. 1 mixed, 84@84%c; No. 2. 84@84%c; No. 1 white. 85@85%c; No 2, 85c. Oats—No. 3 white. 42@43%c: No. 4. 42 (a. 42 % e. Barley—62 @ 66c. Timothy—ss.so @6.50. Clover—sls @17.50.
Grain Briefs
CHICAGO, June 20.—Kansas is in need of 1.000 more harvest hands to cut the winter wheat crop, labor bureau officials declared. More progress has been in Europe by agriculture than any other Industry with the result that food production is on the Increase. the Department of Agriculture said. Wheat in the vicinity of Danville, 111., has ripened prematurely and harvesting is now under way. European countries are now buying wheat on amonthly basis instead of every two months as of late, due to unsettled conditions. Hot weather has improved the com crop and reports from the central States and Southweet declare a continuation will soon bring crops up to the average. The rye crop of the Northwest, already badly damaged, will not yield 15 per cent of laat year's total, experts said. Storms and tornadoes in the Northwest have seriously damaged crops. Very little wheat is being ottered to arrive from Illinois and Indiana, farmers ehowing a <tbr>oßitlon to hold back, halting for
1:45 Prey. High. Low- n. m. close. Coppers— Am. Smelt... 56% 55% 55% 67 Anaconda 40% 39% 39% 41% Kennecott... . 34% 33% 34% Oils— Cal. Petrol.. 22 20% 20% 21% Cosden 42% 41% 41% 43% Marland Oil. 39% .... 37% 39 P.-Am. Pete 66% 64% 64% 66% P.-A. P. (B) 62% 59 62% Pacific Oil.. 1 36 34% 35% 34% Phillips Pete 42% 41% 42 42% Pro. & Ref.. 37% 36% 38% Pure Oil 18% 18% 18% 8. Oil of Cal. 51% 50% 50% 51 St Oil of N J 33% 32% 32% 33% Sinclair ... 26 ... 23 % 24 % Texas Cos ... 43 % 42 % 43 43 industrials— Allied Chem. 66 % ... 65 % 67 % Amer Can... 90% ... 88% 90% Amer Ice ... 93 ... 91 93 Amer Wool. . 86 % ... 82 % 86 Coca-Cola ... 77% ... 76 77% Cont Can . . 46 % 44 % 44 % 46 Fam Players. 73 70% 71% 72% Gen Asphalt 28 % ... 27 % 28 Int Paper... 37% ... 37 38% Int Harvester 77% 75% 76% 78 Mont Ward.. 20% ... 20% 21 Owen Bottle. 42 ... 42 42 U S Ind A1 49% 46% 47% 48% Am T and T. 122 121 121 122 Consol Gas.. 68% 57% 57% 68% Col Gas 97 96 96 97% Shipping—■ Am Int Corp 19% 17 17 19 Atl Gulf ... 16% 15% 15% ... Int M M pfd 24 % ... 24 % 25 Foods— Amer Sugar. 69% ... 69% 69% Am Bt Bug 33 % 32 % 32 % ... Com Prod .126% 123% 125 125% Cu Cn Sug pf 45% 44 44 46 Cu-Am Sug. . 28 26% 27 28% Punta Alegre 54 61% 62% 63% Tobaccos— Am Tob Cos . 141 % ... 141 % 144 Tob Prod... 75 % 70 79 79 %
GILLETTE’S RECESSION FEATURE OF CURB TRADE Stock Drops 28 Points During Day’s Session—Bears Active. By United Financial NEW YORK, June 26.—The sensational break in Gillette Safety Razor to anew 1923 low at 238 was the outstanding development in the curb market today. The decline was brought about on a relatively small turnover, twenty shares changing hands between 258 and 240. The break is believed to reflect prevailing market conditions, rather than any untoward development within the company. Pro-rating of crude oil by a number of companies brought heavy pressure in the oils and, encouraged by the absence of rallying power, bear operators followed up the midday lull by staging another drive against prices. Oils showed no point of resistence while Goodyear Tire & Rubber, Reo Motors and Peerless Motors in that division were especially vulnerable. Indianapolis Stocks —June 20— Bid. Ask. Am Cent Life 200 Am Creoaoting Cos pfd 97 ... Belt U R com 66 70% Belt R R pfd 62% ... Cent Bldg Cos pfd 98 ... Cities Serv cum 132 136 Cities Served 84% 65% Cit Gas Cos com 26% 28% at Gas Cos pfd 99 101% Ind Hotel com 100 Ind Hotel pfd 100 ... Ind Nat Life ... Ind Pipe Lino Cos 97% 99% Ind Title Guar Cos 70 80 Indpls Ab pfd 48 Indpls Gas 4ft ... Indpls & Northwestern pfd... 40 ... Indpls & Southeastern pfd 60 Indpls St R R 63% 66 Indpls Tel com 1 ... Indpls Tel pfd 90 ... MeV Pub Util Cos pfd 84 Nat Mot Cos 1 2% Pub Sav In Cos 12 ... Rauh Fer pfd 50 ... Stand Oil of Ind 64 56% Sterling Fire Ins Cos 8% ... T H I & E com 3 0 T H I & E pfd 14 20 T H Tr * Lt Cos pfd 93 100 Union Trac of Ind com 2 5 Union Trac of Ind Ist pfd. . . 24 34 Union Trac of Ind 2d pfd.... 6 9 Van Camp Prod Ist pfd 100 Van Camp Prod 2d pfd 100 Van Coal Cos com 2 6 Van CoaJ Cos pfd 11 15 Wab Ry Cos com 8 12 Wab Ry Cos pfd 27 31 Bonds Belt R S Y 4s, May. ’3O 80 B R 5s 65 69 at Gas 6s 88 88 at Gas 7s 100 102 Cit St R R 6s 84 88 Ind Coke and Gas 6s 90 94 Ind Hotel 5s 92 ... Ind Hotel Cos 2d 8s 99% ... Ind North 6s 47 % ... Ind Ry and Lt 5s 89 94 Ind Union Trac 5s 47% ... Lndpls Ab Cos 7%s 100 Indpls Col & So 0s 97 100 Indpls Gas 5s 86 88 Indpls Lt and Ht 5t 94% 90% Indpls & Mart 5s 69% 03% Indpls North 5s 61% 65% Indpls A Northwestern ss. ... 52 65 Indpls A S E 6s ... Ind Shelby A S E 5s ... Indpls St Ry 4s 04 86 Indpls TYao and Term 65.... 85% 87% Indpls Union Ry 6s 94 ... Indpls Union Ry 4% s 94 ... Indpls Water 5s 99 100 Indpls Water 4%s 85% 88 South Ind Power 6s 101 T H I & E 5s 69 74 Union Trac of Ind 6s 09 73 In the Cotton Market By United Financial NEW YORK, June 26.—Cotton market opened higher. July. 27 60c. up 24 points; October. 25.20 c, up 10 points: December, 24.69 c. up 14 point*: January. 24.31 c, up 11 point*. f Raw Sugar Market Bu United Financial 'NEW YORK, June 28.—The raw *ugar market opened lower. September, 6.53 @ 5.55 c; December, [email protected]: March, 3.90@ 3.92 c; May. 3.90 c bid. Local Wagon Wheat Local mill* are paying $1.05 for No-_2
THE INDIANAPOLIS TIMES
SHIPPERS BOOST PRICESFOR HOGS Advance Carries Top to $7,60 —Demand Is Better, Ho* Prices Day by Day June 250-300 lbs. 200-226 lbs. 150-180 ID* 20. 7.85® 7.90 7.85® 7.90 7.90® 7.95 21. 7.76 7.76® 7.80 7.80 22 7.50 7.65 7.55® 7.60 23. 7.55 7.65 7.55 25. 7.45® 7.50 7.45® 7.50 7.45® 7.50 26. 7.50@ 7.55 7.50® 7.55 7.55® 7.60 A liberal demand for shipment for outside account and a fair demand from local packers caused hog prices to advance 6 to 10 cents in trading at the local livestock exchange today. The Increased demand was partly attributed to cooler weather as the intense heat last week resulted in curtailment in consumption of meat. Practically all of the supply of 10,000 hogs moved at a flat price of $7.55 though a few sold at the half dollar mark and three loads managed to sell early at a top of $7.60. Bows were generally steady at $6.50 down while pigs were stronger at $7.25 down. Monday's holdover was 529. The cattle market presented the same complex situation that hat, made the sale of the plain and light grades difficult for the past week. Choice stock selling above $lO found a good market at fairly steady prices. Receipts, 800. The calf market was generally steady with Monday’s opening, but a half dollar lower than the previous close, choice veals bringing $lO and the bulk from $9 to $lO. Receipts, 500. The sheep and lamb market was unusually active on heavy receipts of 1,000 which moved at prices quotably steady to a half dollar higher. Light lumbs and ewes were steady while spring lambs sold 50 cents higher at $1 ' down. , —Hog*— 160 to 200 lbs $ 7.65® 7.60 Medium ~... 7.60® 7.63 Heavy 7.50 @ 7.55 Top 7.60 Pigs 6.75® 7.25 Packing bowb . 6.00® 6.60 —Cattle— Wew choice steers SIO.OO @ll.OO Prime corn-fed steers. 1.000 to 1,300 lbs . . .' 9.00® 9.50 Good to choice steers. 1,000 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® 7.60 —Cows and Heifers— Choice light heifers $ 8.50® 9.50 Good light heifers 7.00® 8.75 Medium heifers 6.00@ 7.25 Common heifers 6.00® 6.00 Fair cows 4.00® 5.00 Cutters 3.75® 3.26 Cannera 2.25® 2.50 —Bulls— Fancy butcher bulls $ 6.00® 6.50 Good to choice butcher bulls. 5.00® 5.50 Bologna bulls 3.75@ 4.50 —Calves— Choice veals $ [email protected] Good veals 9.00® 9.50 Medium veals B.oo® 9.00 Lightweight veals 7.60® 8.00 Heavyweight veals 7.00® 7.50 Common heavies o.oo® 7.00 Top 10.00 —Blieep and Lambs— Cull* $ 2.25® 3.26 Good to choice ewes 3.00® 6.00 Few choice lambs 13.00 @14.50 Heavy lambs 11.00® 13.00 Cull lambs 9.00 Other Livestock By United Financial CHICAGO, June 28. —Hogs—Receipts, 83,000: market, 5c higher; top, $7.40; bulk, $7.25 @7.35: heavy weight. $6.75 @7.36; medium, [email protected]; light lights, 7.30; heavy packing sows. $5.75 @8.45; packing sows, rough, $5.50® 6.10; killing pigs, $6 @7. Cattle —Receipts, 9,000; market rather slow; about steady with Monday’s decline: yearlings predominating; most early sales. $8 @10; few heavies, $10.95; bulls, strong to 15c higher; Stockers and feeders more numerous. Sheep—Receipts, 4,000; market active; bulk best fat natives, strong, sls @15.25; top, $15.50: culls, steady, around $9; sheep, steady; bulk hacdy weight ewes, $5.50/® 6.60; breeding ewes generally [email protected]’ CLEVELAND, June 26. —Hogs—Receipts, 2,000: market, 10c higher; yorkers, $7.85; mixed, $7.85; medium, $7.80; pigs, $6.75; roughs. $5.75: stags, $4. Cattle—Receipts, 150; market, slow; good to choice bulls, good to choice steers, good to choice heifers, good to choice cows, fair to good cows, common cow’s, milkers, unchanged. Sheep and lambs—Receipts, 500; market, steady; top, sls. Calves —Receipts, 200; market, steady; top, sl2. CINCINNATI, June 26.—Cattle —Receipts, 350; market, slow, generally steady; shippers. $9 @10.25. Calves—Market, steady: extras, $9 @lO Hogs—Receipts. 2,800; market, active, 15c to 25c higher; good or choice packers, $7.75. Sheep—Receipts, 2,700: market, strong; extras, $4 @_o. Lambs—Market, strong; fair to good, $14.50 @ls. EAST BUFFALO, June 20.—Cattle—Receipts. 175: market, slow and steady: shippin - steers, $lO @11.50; butcher grades. $8 @0.26; cows, $2.50@7. Calves—Receipts. 350; market, active to 50c lower; culls to choice. $3.50® 10.50. Sheep and lambs— Receipts, 200; market, slow to 28c lower; choice lambs, sls @15.25: cull to choice, $8 @l4; yearlings, [email protected]: sheep, s3® 8. Hogs—Receipts. 4,000; market, active to 15@25c higher; yorkers. [email protected]; nigs, s7® 7.25: mixed. $808.10; heavies, [email protected]; roughs, [email protected]; stags, $3.50 @4. EAST ST. LOUIS. June 26.—Cattle—Receipts. 4,000; market dull; canners and cutters. ‘j>[email protected]; calves, $9.25; stockers •■•id feeders. $6.5007.40. Hogs—Receipts, 15,000; market active; heavy, $7.10®7.45; medium, [email protected]: lights, $6.85@7 50; light lights ,[email protected]; packing sows, [email protected]; pigs. $6.26 @7.35; bulk. $7.40 @7.50. Sheep—Receipts, 6,000; market 26 (rt 50c higher $3.60® 6.50; ea.nners and cutters. [email protected]; wool lambs, $13.25 0 15.25.
Produce Markets
INDIANAPOLIS. June 26. —Fresh eggs, 16c: packing stock but*. 25c; spring, 1% to 2 lbs., 36c: fowls, straight, 19c: fowls, under 4 lbs., 15c: leghorn. 25 per cent discount; cocks, 9c; yoiuig tom turks, 23c; old tom turks. 18c; ducks. 5 lbs. up, 12c: geese. 10 lbs. up. 10c, squabs, 11 lbs to doz., $5. Indianapolis creameries are paying 38c a lb. for butter fat. CLEVELAND. Ohio, June 26.—Potatoes — Michigan, 150-lb. sacks, best. $1.60 @1.76; Petoskeys, $2 a 150-lb. sack; Florida Rose, new stock. No. 1 grade. [email protected] a brl; Virginia Cobblers, $5.75 a brl. Butter —Extra in tubs, 43@460; 1-lb print*. 44® 46c: first*, 40® 42c; packing stock, 28 @ 30c. Egg*—Freeh gathered northern extra*. 27%c: Ohio firsts. 23c; western first*, new cases, 2c. Poultry—Heavy fowls, 22@23c: light fowls. 16® 18c: cock*, 12® 14c: broilers. 45® 48c; ducks, spring. 28 @ 30c. NEW YORK. June 26. —Flour —Dull and unchanged. Pork —Dull; mess, $25. Lard — Steady; middle west spot. $11.35® 11.45. Sugar—Raw. stronger: centrifugal 96 test. 7.78 c; refined, firmer: granulated, 9.25 @ 9.90 c. Coffee—Rio No. 7on spot, 11 % @ 11 %c: Santos, 13%@14%c. Tallow— Easy: special to extra, 6%@8%c; city, 6c. Ha-'—Weak; No. 1, $1.26; No. 3. 95c@ $1.05. Dressed poultry—Weak: turkeys. 25@42c; chickens, 18®52c; fowls, 12@28cducks, Long Island, 26c; capons. 30@46ci Live poultry—Weak; geese, 15® 16c; ducks, 16® 23c: fowls, 22c: turkey*, 20®30c: rooster* 13c; broiler*. 30 @ 45c. Cheese — Weak: state whole milk, common to specials, 21@20e; state, skim*, common to specials. 10® 18%c. Butter —Weaker; receipts. 23.511 creamery extra. 38%c: special market, 39 @39 %o: state dairy tubs. 34@38%c. Eggs—Firmer; receipts, 43.848', nearby whites, fancy. 40c: nearby state whites. 31 @37e: fresh firsts to extras, 24% @ 30c: Pacific coast. 28%@38c: western whitos, 24® 38c: nearby browns. 25® 38c. Cloverseed Market Cloverseed was quoted $7 ®lO a bu, in
Steeplejacks in Hot Sun Laugh at Death —~..w.,. : ., |gj^v 11 1 • ill!
CARL EVERSOLE (ABOVE) AND J. KELLEY. Steeplejacks have a hot and dangerous Job. But the fun makes up for that, say Carl Eversole, 1021 E. Pratt St., and J. Kelley, 1406 E. Tenth St., shown working on a big crane at the new Meyer-Kiser Bank building on E. Washington St. “It’s npt so bad when there is a breeze,” said Eversole, “but when there’s nothing but sun, sun, sun—well, how would you like to trade your place in a cool office beneath an electric fan?”
Deaths Robert Elmer Mackey, 1 month, 1360 W. Twenty-Sixth, broncho pneumonia. Melissa J. Walton, 62, Central Indiana Hospital, lobar pneumonia. Martha J. Fredrick, 81, 547 Parker, broncho pneumonia Louise Freeman Hibben, 64, 1451 N. Delaware, chronic myocarditis. Louis MUli, 70. 1733 S. Delaware, carcinoma. Katie A. Knaop, 66, 2117 S. Pennsylvania, apoplexy. Eleanore Matthews. 43. St. Vincent Hospital, exaphthalmlc goiter. Lewis S. Barire. SO, 5028 University, chronic myocarditis. Anna Suter, 75, city hospital, chronic myocarditis Katie Belle Sinex, 58, 238 E. St. Joseph, general toxerpia. Amy Drake, 79, 1715 Broadway, acute dilatation of heart. Elizabeth Pressley, 42, Central Indiana Hospital, general paresis Carrie Wilson, 48, 1430 E. Washington, mitral Insufficiency. Lillian Maloney. 68, 1140 E. Market, cerebral hemorrhage. Margaret Green, 75, 1114 Deloss, chronic myocarditis. Charles Emanuel Haugh, 75, Deaconess Hospital, uremia. Eva Harriet Woodbridge, 66, 2258 N. Meridian, chronic myocarditis. Building Permits James Mitchell, dwelling, 212 S. Holmes, SI,BOO. Edward Ransem. addition, 1530 E. LeGrande. S2OO. Lena Zitzlaff, garage. 414 N. Hamilton, $250. Charlotte E. S. Arnold, garage. 312 N. Keystone, $250. William F. Golden, dwelling. 1508 Comer, S2OO. L. M. Reed, garage. 311 N. Audubon, $398. A. F. Kitts, double. 2150 Avondale, $3,000. Roy C Wykoff, garage. 347 N. Holmes. S2OO. Mrs. J. A. Conkey, dwelling, 3069 Washington Blvd., $5,200. Catherine Flood, reroof, 629 N. Tacoma, $340. Henry Fidler, remodel, 139 N. Highland, $260. Christ Remking. addition, 714 E. lowa, $450. W. H. Bass, garage. 85 N. Addison. S4OO, T. N. White, garage, 5004 E. New York, $475. Carl Risher, repairs, 300 Massachusetts, S3OO. Louis Poehler, repairs, 1138 Laurel, S2OO. Everett J. Vestal, reroof, 1406 Ashland. S3OO. M. Sabinosky, dwelling, 2830 Park. $9,000. John Sehlessman, addition, 400 h. Oakland, S6OO. George M Clegg, double, 128 Eastern, $8,500. Standard OH Company, gas tank. Central and Twenty-Second, S3OO. Standard Oil Company, gas tank, Michigan and Sherman, S3OO. C R. Lylick, furnace, 2247 N. LaSalle, S7OO. John Durggins, garage, 6272 Central, $4,750. _ Laura J. Husbands, dwelling, 321 E. Thirty-Sixth. SB,OOO. „ „ F T Loftin. garage. 2535 N. Gale, S6OO. Charies E. Bernhardt, dwelling, 718 N. Drexel, $3,500. Charles Epps, dwelling, 3115 W. Eleventh. $2,300 Nora S. Rodgers, reroof. 1911 N. Dearborn, S3OB. • Charles Gandorf, garage, 2355 English. S2OO. Southern Lumber Company, dwelling. 2517 E. Thirteenth. $4,000 Edward E. Moekwort, double, 0054 E. Washington. $7,500. N. C. WestaJl, dwelling, 1444 Gross, $2,000. N, 0. Westall, dwelling, 1447 Tibbs, $2,000 N. tJ. Westall. dwelling, 1431 Gross, $2,000 „ , N. C. Westall,, dwelling, 1412 Grofi $2,000. N. C. Westall, dwelling. 1407 Gross. $2,000. E M. Garber, reroof, 39 W. Sixteenth, S3OO. Frank Meyer, bam, 1449 S. Talbott, S2OO. E. M Hardin, garage, 3217 E. Michigan, SSOO. EXPORTS OF GRAIN FROM UNITED STATES INCREASE WASHINGTON, June 25.—Exports of grain from the United States last week amounted to 4,522,000 bushels, the Department of Commerce announced today. This was an increase of 1,665,000 bushels over the previous week. Exports were: Barley, 379,000 bushels: corn 182,000 bushels: oats 206,000 bushels: rye 806,000 bushels: wheat 2,949,000 bush-
MISUSE OF STATE TRUCKCHARGED (Continued From Page 1) cord of wood and bring it back to the residence of a high State employe here. “We arrived at the penal farm Tuesday evening, stayed there all night, and in the morning painted the crane. “We had dinner at noon with officials of the farm and a couple of citizens there to visit prisoners. After we had eaten we talked about where we were to go from there. One of the guards remarked that would be a pretty expensive load of wood. “I figured it up with a pencil on 4 wooden bench. It figured, I estimated, $44.95 for the labof- and sl2 for our expenses for a day and a half, besides forty-five gallons of gasoline. Private Car Painted “Somebody remarked it looked funny to spend that much for wood when you could get it cheaper in Indianapolis.” The affidavit says the wood was brought to this city too late Thursday evening to deliver it to the State employe’s residence. Another employe took it the next day, it is alleged. “We came back to work at the usual time Friday morning,” says the affidavit. “Davidson and I were working on a Velie car, which I understand was privately owned by a Mr. Parnell. It was the second time we have painted it since last November, each time on State time and with State materials. Williams Gives Orders “Saturday at 9 a. m. Stanley Stokes, shop foreman, informed us that we were discharged because we spoke disrespectfully of the management of the State highway garage. “He explained to me that Mr. Howard of the penal farm had called up J. D. Williams, director of the State highway commission, and *old him about us explaining it would cost about $45 or more for the load of wood and that Williams had ordered us discharged Friday noon. He said that we had not been discharged then because they wanted the car we were working on finished. All four of us were discharged at noon Saturday. Forty-Mile Trip “I also have painted two cars on State time with State materials for Earl Crawford, member of the State highway commission.” Bartley said that he had instructed the men to get the wood, but had not realized how far out of the way It would be. Turkey Run is approximately forty miles northwest of Putnamville. The men were sent In the large truck because they also were to bring back two highway department wagons. Superintendent Howard of the penal farm asked that they be left, after the men arrived, Bartley said, so they were not brought here. Bills Awaited Bartley said that it was an assistant superintendent and not Howard who reported to Williams the conversation of the men. The Velie car belongs to Congressman Fred Purnell of the Ninth District, Bartley and Williams said. They said that Purnell lent It to the commission while he was in Washington and that a bill for the painting is to be rendered. Williams and Crawford said that a bill would be rendered to Crawford for the painting of his car. Crawford said he had asked for the bill several times but employes have been too busy to prepare it. Crawford also said he has bought tires through the commission, but always has paid for them.
Marriage Licenses L. E Van Arsdall, 21. 135 W. Vermont: Laura tdeetwood. 18, 1309 Fletcher. W. B. Ayers, 26, 611 N New Jersey: Eva Mount. 23, 711 N. New Jerrey. Joseph Maier. 20, 1507 Madison: Josephine Bock, 23, 1615 N. Arsenal. M. H. Saffran, 83, Brooklyn. N. Y.; Kate Rosenfeld, 30, 2109 N. Capitol Robert Anderson. 24. 1512 Lewi*: Lillian Simmons, 24, 1115 E. Fifteenth. J. A. Bufala. 27. 238 N. Pine; Opal Simons, 18. 233 N. Davidson. Soloman Cooley, 26. 959 N. Tremont: Ora Hendrick, 18, 959 N, Tremont. Werner Strelon. 27. 715 8. New Jersey: Katherine Beaver. 25, 430 E. Orange. M. R. Mahoney, 25. Indianapolis: Mary Veronica, 23, 318 S. Missouri. T R. Lyola. 26, 226 W. Pratt: Martha Baker, 25. 05 N. Hawthorne Lana. J. Q. Wetzel. 24. 2149 Applegate: Roxie Renner. 23. 705 Weghorst. J T. Monroe. 34. 1124 Holliday: Martha Penicaro, 21, 424 Erie. C. E. Doll, 27, Indianapolis; Blanche Kesler. 540 S. Warman. Beagle Elliott, 21. 205 S. Keystone: Eva Roach. 20, 265 S. Keystone. A. D. Gllieland, 25, 3142 N. Capitol: Genevieve Henry, 17, 2371 N. Olney T. A. Head, 27, Indianapolis: Abbie Strock, 30, 2912 Kenwood. T. F. Griffin. 28. 651 Livingston; Margaret Ferguson, 24, 177 Bright. B. F. Hulbert, 25. 510 N. Oriental: Almeda Gillespie. 19. 133 N. Colorado. S. J. Gatto. 27. 519 E. Morrill: Marguerite Wolsiffer, 20, 3514 E. Michigan. A. H. Brown, 46. R. R. D, box 161; Maude McKay. 33. 814 Villa. E. A. Price, 20. 2943 N. Sherman Dr.; Garnet Hilton. 22, 2727 Cornell. Peter Shearman. 61. 822 Darnell; Sarah Ellis. 48. 822 Darnell Pete Thomas, 39, 1402 S. Keystone; Mary Brown. 34. 1331 E Minnesota. E B. Sheets. 20, 2 Whittier Pi.: Thelma Leete. 20. 1357 W. Ray. Charles Seoggan. 27. 1820 W. Vermont: Mary Ryan, 35. 428 Centennial. R. O. Schreimer. 29, 1836 Jones: Esther Maboe, 20, 1734 Lambert Joseph McLafferty, 30. 1510 Arsenal; Katheryn Gleason, 21, 829 S. West, J. A. Healey, 32. 218 N. Tremont: Clara MeQuald, 24, 213 N. Tremont. T. B. Harrison, 25 140 S. Ritter: Mary Shelly. 25. 3462 Kenwood. ,T. W Wilson. 36, 3035 Park; June Roberts, 27. 645 E. Twenty-Third. A. C. Davis, 21. 2911 Station; Rose Gayer, 22. 1838 Applegate. Walter Coney, 31, 2516 Station: Marguerite Pearson. 23. 2516 Station. Births Girls Charles and Mary Wiseman, 288 N. Lynn. Emmitt and Katie White. 217 Cora. Lawrence and Lillian Bryan. 704 W. New York, Charles and Henrietta Neffle, Methodist Hospital. Joseph and Lucy Rasdall, 228 Smith. Boy* * Fredrick and Elizabeth Bennett, 815 Lock. Robert and Pearl MacGtll, a ark Blakesle© Hospital. Martin and Iva Donahue, 1209 Sturm. Earl and Pearl Holland. 2024 Park. Le Roy and Bertha Green. 1721 Ludlow. ■ Clyde and Iva Evans. 812 Marlon. Quince and Louise Harless. 2036 Roosevelt. Fred and Opal Windle, 1417 W. ThirtySixth. Howard and Helen Maxwell, Methodist Hospital. Ferris and Mary Young. Methodist Hospital. Joe and Maggie Alexander, 333 N. Davidson. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift A Cos.: Ribs—No. 2. 19c: No. 3.15 c. Loins—No. 2. 20c: No. 3,23 c. Rounds— No 2,20 c; No. 3,17 c. Chucks—No. 2, 12c: No. 9. 19c. Plats—No. 2,7 c: No 3.6 c. Local Hay Market Loose hay—s2l@3f bales. s2o® 23: heavy mixed. 95@97af light mixed hay.
TheWm.H.BLOCKCo.
THE BASEMENT STORE
Women*s and Misses * DRESSES Dresses of Georgette, Cordette-and - Canton Crepe, Lace, Moire Tricolette Just 200 spring and early summer dresses at a big reduction. Now conservatively worth sls and $16.50. A collection of salesman's samples, and broken groups. Including dresses of dropstitch tricolette and tricosham. Sizes 16 to 20, 36 to 44, 46 to 56 While 200 Last—slo
Women’s and Misses’ Knit Suits Good looking sweater c suits with skirts to match. opecial Very popular for outing, _ - sport and street. j* —Harding Blue —White —Gray —Buff —Tan
New Wool Crepe Pleated Skirls Navy’ Bird, $0.95 A Bargain in a Smart Make ■QH
Men’s Athletic Union Suits (3 for $2.00) Os checked nainsook. Well made, full cut; sleeveless, knee length ; + W . sizes 36 to 46.
MEN’S SPORT SHIRTS—Of fine percales and chambrays; plain shades of tan, gray and blue, also neat checks. Sizes 14 /n to 17, Special \)OC MEN’S BLUE CHAMBRAY SHIRTS —Well made, double stitching; slip-over style; full cut; sizes 15 to 16Vi; SIOO en quality v7C
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DOMESTICS and BEDDINGS
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Candy Specials
CHOCOLATE CO V ERED ASSORTED COCO ANITMI TEASERS— 9Qg BALLS— 0) M Pound Pound' LtJk, ASSORTED WRAPPED STICK CANDY— Pound
MEN’S BLUE DENIM OVER. ALLS—Of white-back blue denim, triple stitching, wide suspender straps, pockets; sizes 34 to 40; o| nn $2.00 quality MEN’S SOCKB—Of best combed yarns; reinforced toe and heels, Insuring wear; black, brown, gTay and white; sizes 9% to 11% (3 pairs. in 50c), pair
WAMSUTTA LINGERIE) NAINSOOK—Yard or wide LOC WHITE OUTING FLANNEL —27 Inches wide; | g soft and fleecy IJ)C DOUBLE BORDERED MARQUISETTE —Fully mercerized ; wide tape edges t white or cream ; reg- | n ular 35c quality I3C CURTAIN SCRIMS Tard wide; open work mercerised band border. WhiLv cream and ecru. 101/ Extra special ,lfe/2C DAVENPORT PADS pound weight, all cotton felt in layers; serviceable coverings (no nr orders)
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