Indianapolis Times, Volume 35, Number 41, Indianapolis, Marion County, 28 June 1923 — Page 10

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RALLYING POWER OF GENERAL LIST ASSERTS ITSELF True Values of Many Issues Recognized as Bullswing Grips. Market. The WALL STREET JOURNAL NEW YORK, Jupe 28—Another change of heart by a statistical service that turned bearish earlier In the week apparently had some effect on the investment rails in the early dealings on the Stock Exchange today. New York Central jumped a full point on the initial transaction and Union Pacific scored an opening gain of IT4 points. Record car loadings reports also contributed to the carrier group advancement. Dupont was the feature of the industrial group, jumping 3 points to 110. First Hour Stocks acted in the first hour as though a heavy weight had been lifted from the market. After a close that had held forth prospects of a continued decline, prices showed improvement from the start of trading that suggested developments over night that had bettered the inside position of the speculative structure* One prominent bear operator was reported "covering all around the room” before 11 o’clock. i Second Hour Another drive was made on the whole list in the late morning trading and new lows on the move were reached by many active issues such as Baldwin, American Car, Canadian Pacific and Baltimore & Ohio, as well as Erie and Wabash among the lowpriced rails. But this weakness on the reaction was offset by signs of impressive support in Steel and Studebaker, both of which rallied easily toward noon, when pressure was momentarily lifted. Noon Hour Commission houses reported that bargain hunters were out in force on the morning decline and odd-lot buying for investment made its appearance in large volume during the noon hour. One firm executed close to 100 odd-lot orders from various sections of the country and another more than forty. Accumlation of this character supplemented heavy buying for the account of important banking interests and a sharp rally' ensued toward 1 o’clock. Fourth Hour The first real check of the selling movement that had swept the exchange for the past three days came into the market shortly after noon, supported by banking interests and business and commercial men who have coolly watched proceedings and compared market fluctuations with present business conditions '“This support, ‘added to that afforded by the “bargain hunters,” furnished a fitting background for a recovery' such as had its inception in the early afternoon buying. Closing Hour 1

Values finally asserted themselves in style in the day's stock market session and the general market at the close enjoyed a- sharp improvement over the further heavy selling begun early in the morning. For three days the decline had proceeded with little trace of rallying power and the country with bear propaganda that played into the hands of professionals, but the impressive support that developed on important buying by investment interests turned the tide in favor of rising prices. Twenty active industrial stocks nn Wednesday averaged 88.66, off 1.45 per cent. Twenty active rails averaged 78.48, off 1.75 per cent. Foreign Exchange Bu United Financial NEW YORK, June 28.—Foreign exchange opened lower: Sterling, demand, $4.59 %: cables, $4.59 % . Francs, demand. 6 12 tie: cables, 6.13 c. Lire. • demand, 4.46 c: cables. 4.46 tic. Belgian, demand, 5.22 tic: cables. 5.23 c. Marks, 140.350; to the dollar. Czecho. demand. 2.99 tic; cables. 3.00 c. Swiss, demand, 17.78 c: cables. ; 17.80 c. Guilders, demand. 39.19 c; cables. 39 22c. Pesetas, demand, 14.68 c; cables. '14.10c. Sweden, demand. 26.46 c; cables, 129.50 c. demand. 16.46 c; cables, 16.50 c . Denmark, demand, 17.71 c; cables, 17.75 c. Building Permits Kingan Company, building, Georgia near Blackford, $15,000. E. L. Cothrell Realty Company, dwelling, 2815 E. Eighteenth. $2,500. E. L. Cothrell Realty Company, dwelling, 1718 N. Oxford. $2,000. E. L. Cothrell Realty Company, dwelling, 1714 N. Oxford. $2,000. J. L. Holmes, dwelling, 5139 Park. SB,OOO. Leo N. Anderson, remodel, 24 W, Ohio, S6OO. C. Eberle. garage. 616 Eastern, $350. * Royse Borchert Company, dwelling, 1615 E. Tabor, $3,500. Frank Brown, garage. 6121 College, S2OO. E. S. Stewart, reroof, 1310 N. Kealing, S2OO. W. E. Haubold, remodel, 905 Fletcher, $650. Catherine Wum, garage. S3OO. ’ - -George C. Stoner, dwelling, 4932 Broadway. John E. Werp. remodel. 1013 High, $450. Vernon Krieptosh, dwelling, 1406 Comer, $3,500. William H. Coleman, garage. 216 N. Meridian. $25,000. George Tucker, dwelling, 1718 Southeastern, $3,600. L. Kisler, reroof. 430 N. Highland, $250. William Low Rice, dwelling, 5112 Kenwood. $7,000. Charles R. Yoke, dwelling, 5101 Carrollton, $4,500. Charles R. Yoke, dwelling. 5102 Carrollton, $4,500 _ F. T. Reed, garage. 5125 Carrollton, $275. R. E. Wilkins, garage. 1023 St. Paul, $275. W. H. Messenger Company, addition, 201 E. Washington, $3,500. D. M. Rathfon. porch, 717 E Orange, $250. North Side Hand Laundry, sign, 2931 Central, $225. English Hotel Case, sign. Monument Circle, S3OO. Auto Electric Shop, sign, 528 N. Meridian, S3OO. Frohman's restaurant, sign, 108 W. Maryland. $225. M Schussler, sign, 407 E. Washington, S3OO J. T. Johnson, sign. 118 W. Ohio. $225 Chris Chirpos, double, 1306 N. Gladstone, $3,200 • Mary A. Raney, double, 1117 N. Tuxedo. $7,500. Joseph Burnett, dwelling, 2384 N. Oxford, $250. * Ben Gundelfinger, remodel, 1829 Central, $250. Elden Hopkins, dwelling, 2145 N. Drexel, I S2OO. H. L. Simons, dwelling, 31 E. Fifty-Sec-lond. $13,000. I H. L Simons, dwelling, 37 E. Fifty-Sec-lond, $12,510. K W. H. Friekert, garage. 3419 Park. $250. to Shirley P. Thomas, garage, 3952 Graceland, ■ Louis Goldsmith, garage. 4226 Ruckle, &50. A. Rink, garage, 4133 Central. Realty Company, dwelling, 435 fesk Sioks, garage, 2342 Central, $525. reroof. 47 Parkview, $250. Funke, dwelling, 409 Butler,

New York Stocks (By Thomson & McKinnon) —June 28—

Railroads— At 1:45 Prev. High. Low. p. m. close. Atchison .. 98% 97 % 97% 97% B. & 0 44% 41% 42% 44 Can. Pacific 148 147% 147% 147% C. R. I. & P 25% 25% 25% 25% Gt. Nor. pfd' 68% 67% 68 67% Lehigh Val.. 59 .... 58 58% N. Y. Cen... 99% 98% 99% 98% Nor. Pac 68% 67% 67 % Nor. & West. 104 102% 102% 102% Pennsylvania. 42 % 42 % 42 % 42 % Reading: 70% 69% 69 %• 70 So. Pacific. . 86 % 85 85 % 85 % St. Paul pfd.. 32% 32 2 - St L Sc S W. 28% 28 28% Union Pac. 130 128% 129% Wabash pfd. 27% 27 27% Rubbers— Kelly-Spring: . 32% 30% 32% 31% U S Rubber. 40% 39% 40% 39% Equipments— Amer Loco .132% 131% 133% 131% Baldw Loco .120 117% 119% 11$ Lima L0c0... 60 % 68 % 60 % 60 Westh Elec.. 54% ..53% 54% Steels— Bethlehem... 47% 45 46% 47% Crucible 64% 62% 64% 64% Gulf States.. 69% -66% 68% 67 Rep I and S. 43 41% 42% 41% U S Steel... 92% 90% 92% 90% Vanadium... 27% 26% 27 26% Motors— Chand Mot. . 49 % 47 % 48 % 49 % Gen Motors. 13% ... 12% 13% Max Mot A. 38 37 38 37% Max. M. (13) 11% 101* 11 12% Studebaker . 102 99 % 102 % 99 % Stewart-W... 78% 76 78% 75% Timken ... 30 34% 35% 35 Minings— Dome Mines 35 34% 35 35% Int. Nickel.. 12%' .... 12% I£% Coppers— Am. Smelt... 54% 53 54% 54

CURB STOCKS RISE WITH LIFTING OF PRESSURE Theory Advanced Bullishing Influences Are at Work. By United Financial NEW YORK. June 28. —Lifting of the long continued pressure in the oil stocks, especially Standard Oils, on the Curb market today gave rather strong support to the theory that bullish influence had come into the market and that important oil interests are in the lead. In spotted instances rather substantial gains in issues ofrthis group were in evidence. Prairie Oil and Gas looked strong with a gain of 4 over Wednesday, and Vacuum, the “anchor man” of the list, was up nearly' a full point. A waiting tendency was in evidence in Gillette Safety Razor, which opened at the previous close, receded somewhat and seemed unable to pick up any more of its loss. The list as a whole displayed a more healthy' tone, the motors showing a tendency to surge forward.

Business News

NSW YORK. June 28.—Wall Street pursed its Ups and said: “Hum,” when the latest market advice from Roger Babson's agency reached the financial community. Babson’s report shows some modification of the recent view of stock market outlook. “We therefore believe," it read, “that the long swung upward which started in 1921 has not yet culminated. Because of the financial situation and the position of the market as a whole we look for an intermediate movement of moderate proportions and not a long swing downward movement. Those who are willing to hold through such a movement should ultimately come out satisfactorly. Those who prefer not to carry stocks through a possible period of lower prices should take' advantage of the next good rally in the market and sell out.” NEW YORK—Taking money rates into consideration, many investment stocks, such as New York Central. Atchison. Union Pacific also selling at prices as attractive as they were two years ago when the market reached its pre-war level. Money is about 25 per cent cheaper now/than it was then, but only a few good stocks are 25 per cent higher. Asa result of the smashing declines. the stpok market is in stronger technical position than it has been for more than a year. Good stocks are selling at bargain prices, according to the best investment opinion. NEW YORK—A statement will be issued Friday, it is learned from sources usually well informed, which will anounce the date of the final call by the international committee of bankers for deposit by the bond holders of Mexican government securities signed in New York in June. 1922. The date of call for deposit of the bonds will be July' 9, it is learned from the same sources. WASHINGTON —May locomotive shipments from principal plants, according to Department of Commerce reports totaled 238 engines, of which 228 were domestic and ten foreign. This compares with a total of 217 for April and seventy for May. 1922. Shipments from January to May. 1923. inclusive were 1.173 for May. 1922. Shipments from January to May, 1923, inclusive, were 1.173, of which 1.111 were domestic. Unfilled orders on May 31 were 2.150 against 2,204 for April and 021 for May. 1922.

Produce Markets

INDIANAPOLIS, June 28.—Fresh* eggs. 16e; packing stock butter, 25c; spring. 1% to 2 lbs., 30c; fowls, straight. 19c: fowls, under 4 lbs., 15c: leghorn. 25 per cent discount: cocks. 9c; young tom turks. 23c; old tom turks, 18c: ducks, 5 lbs. up, 12e; geese. 10 lbs. up 10c: squabs, 11 lbs. to doz., $5. Indianapolis creameries ace paying 38c a lb. for butter fat CLEVELAND. June 28.—Potatoes—Michigan. 150-lb. sacks, [email protected]; Petoskeys, $2 a 150-lb. sack; "Florida Rose, new stock. No. 1 grade. [email protected] a barrel; Virginia Cobblers, $5.75 a barrel. Butter —Extra In tubs. 43% @45%c; 1-lb. prints. 44% @ 46 %c: firsts, 40%@42%<‘; packing stock. 28 @ 30c. Eggs—Fresh gathered northern extras. , 27% c; Ohio firsts, 23c: western firsts, new cases, 22e. Poultry—Heavy fowls. 22@23c: light fowls, 15® 18c; cocks, 12@ 14c: broilers, 25@38c; ducks, spring, 28® 30c. NEW YORK, June 28. —Flour, steady and unchanged. Pork—Quiet. Mess—s2s. Lard—Weaker: middle west spot, $11.25 @ 11.35. Sugar—Raw, dull; centrifugal, 96 test. 7.78 c: refined, dull: granulated. 9.25 ®9.9e. Coffee —Rio. No. 7 on spot, 11%® ll%c: Santos. 13%@14%c: tallow, easy: special to extra. 6%@0%e; city. Dressed poultry—Firm: turkeys. 25® 42c: chickens, 18 @ 52c: fowls, 12® 28c: ducks, 25c; capons, 30®46c. Live poultry—Steady; geese. 15c; ducks, 14® 25c; fowls, 22® 23c: turkeys. 20c: roosters, 13c; broilers. 25 @6oe. Cheese —Weak; state whole milk, common to specials, 20% ® 26c; state, skims, common to specials, 10® 19c. Butter—Steady: receipts, 22,429: creamery extra, 39c- special market,- 39 %® 40c: state dairy tubs, 34@38%c. Eggs—Unsettled: receipts. 27.050 nearby whites, fancy, 41® 42c; nearby state whites, 24® 39c; fresh firsts to extras, 25® 30c: Pacific coast. 28%@38e. western whites, 24 , 39 c: nearby browns, 31 ® 38c. AWAIT REMOVAL ORDER Philadelphia Hearing of Edward Coulter Watcli&d. Indianapolis police today were awaiting outcome of removal proceedings in Philadelphia against Edward Coulter, 20, alleged by them to be the head of a bandit gang which robbed several postofflces in Indiana and held up a Martinsville interunban near Maywood. The prisoner will be tried in Federal Court here if Federal authorities of Philadelphia authorize his removal. Indianapolis detecivtes and Federal officers are attending the hearing. TO FORGET HIS WORRIES Holes in Keystone Ave. and ridding the courthouse of rats will be forgotten when John Carlisle, veteran clerk for county commssionera, leaves early Sunday morning for Lake Webster, Ind., for two weeks of Ashing. He will be accompanied by Mrs. Carlisle, his daughter Elisabeth and Miss Avia Peterson of Bloomington, Ind.

1 :45 Prev- • High Lon o. m. close. Anaconda .. 69% 38% 39 39% Kennecott .fl 32% 3R 32% 32% Oils— Cal Petrol... 20% 20% 20% 20% Cosden 41 40 41 41 Houston 011 52 .... 61 51 % Marland Oil. 38 37% 37% 37 P-Am. Pete.. 60% 65% 06% 65% P-A. Pet. (B) 01% 60 01% 59% Phillips Pete 40% 40 41 40 Pro. & Ref. 35% 34% 34% 35% Pure Oil. .. 18% 18% 18% 18 8. Oil of Cal. 50% 49% 50% 49% S Oil of N.J. 32% 32% 32% 32% Sinclair ..*... 23% 22% 23% 23% Texas Cos 41% 41% 42 42 Industrials— Allied Chem. 66% 64% 66% 65 Am. Can 88% 86% 87% 87 Am. Ice 91 90 89% Am. Woolen. 84 81% 82 81% Cent. Leather 22 % 21 % ... . , Cont. Can.... 45 % 44 45 Vi 48 % Fani. Players 70% 69% 70% 70% In. Paper 30 35% 36 35% In. Harv 76% 75% 76% 75% May Stores... 79% 78 79% 78 Mont. Ward.. 19% 19% 19% Owen Bottle. 41 40% 40% 40% Sears Roebk. 69% 08% 09% 68% U S Ind Al. 45% 43% 45% 44 Am T and T. 120% 120% 120% 120% Consol Gas. . 58 % 57 % 58 % 67 % Col Gas 93 91% 92 93% Shipping— Am Int Corp 18% 18% 18% 19% Atl Gulf .. 14% 13% 14% 13% Int M M pfd 25% 24 25% 24 Fooris Amer Sugar. 67 65% 60 65% Com Prod ..124Vi 122% 124% 123 Cu Cn Su pfd 41% 40% 41 Vi 41% Cu-Am Sug.. 26% 25% 20% 26% Punta Alegre 51% 49% 51 60% Am Tob Cos .142 140% 141 Vi 141 Tob Prod... 77% 77% 77% 78

WHEAT REGAINS OPENILOSSES Favorable Crop News Keeps Corn Weak All Day, By United Financial CHICAGO, June 28.— Prices closed irregular on the Chicago Board of Trade today. Wheat regained its earlier losses with a good class of buying while corn and oats showed irregularity. The wheat market was featured by many dips and rallies throughout the session. Prices slumped when early buyers found the market lacked support. Later, however early losses were regained and some gains were made. Corn remained erratic throughout the late trading and displayed an easier undertone, due generally to favorable crop news. The oats market slumped after displaying individual strength earlier. Lower hogs, weaxer cables and an estimate of heavy livestock receipts kept provisions weak all day. Chicago Grain Table —June 28— WHEAT— Prev. Open. High. Low. Close, close. July. 1.02 1.03 1.02% 1.02% 1.01% Sept. 1.02% 1.03% 1.02% 1.03 101% Dec.. 1.05% 1.06% 1.05 1.05% 1.04% CORN— July. .81% .82% .81 .82 .82% Sept. .78 % .78% .77 .77% .78% Dec.. .00% .66% .65% .65% .66% OATS — July. .41% .41% .41% .41% .41% Sept. .37% .37% .37% .37% .37% Dec.. .39 .39% .38% .39 .39 LARD— July. 10.82 10.82 10.75 10.75 10.82 Sept. 11.07 11.07 11.00 11.00 11.07 RIBS— July. 8.97 8.97 8.92 892 9.00 Sept. 9.22 9.22 9.15 9.15 9.20 July. .63% .63% .63 .63% .62% Sept. .66% .66% .05% .66% .65% CHICAGO. June 28. —Car lot receipts: Wheat, 18: corn, 108; oats, 41; rye, 3; barley, 6. CHICAGO. June 28.—Primary receipts: Wheat. 525,000 against 449.000: corn. 478.000 vs. 168.000: oats. 47,000 against 306,000. Shipments—Wheat, 975,000 against 990,000; corn, 383,000 agaist 370,000; oats, 539,C00 against 613.000. CHICAGO, June 28.—Wheat—No. 2 red. sl. lf @1.14% : No. 2 hard. $1.04% @ 1.05 %c. Com—No. 1 yellow, 84 % ® 84%c; No. 2, 84% @Bsc: No. 3. 84% @ 84%c: No. 1 mixed, 83% @83%: No. 2. 83@83%c: No. 2, white. 83%@84%c. Oats—No. 3 white, 43%@44%c; No. 4. 43c. Barley—None. Rye—No. 2, none. Timothy—[email protected]. Clover—sls@l7, TOLEDO, June 28. —Wheat—Cash. $1.14. Corn—Cash—9o @ 92c. Rye—Cash. 66c. Cats—Cash. 47® 48c. Barley—Cash, 72c. Cloverseed—Cash, $10.30. Timothy—Cash. $3.25. Alsike —ash. $10.25. Butter—43c. Eggs—2l® 23c. Hay—s2o @22. S-T. LOUIS, June 28. —Cosm —No. 2 white, 88@88%c; July, 83%c; September, 77Vic; December, 64c. Oats—No. 2 white, 44c; No. 3, 44@4%c: July. 42c. Wheat—July, sl.Ol- September. sl.Ol %c: December, $1.04%: No. 2 red, $1.14; No. 4, $1.06. Local Hay Market Loose hay—s2l @23; bales, S2O @22: heavy mixed, 95@f)7c: light mixed hay. SIBO2O. Corn—9s @ 97c. Oats—so® 55c.

Local Wagon Wheat Local mills are paying $1.05 for No. 2 red. Marriage Licenses W. D. Alfke. 24. 1629 N. Rural; Marie Kuhler, 22. 2243 Broadway. J. W. Booker, 03. Martinsville, Ind.; Emma Swope. 66, Martinsville. H. L. Lipscomb. 24, 4608 Hovey; Gladys Wiley, 21. 805 N. East. Marvin Linder. 28, 2818 Highland Blvd.i Ruth King. 22, 2805 Shriver. G. D. Goudy 25, Shirley, Ind.; Gladys Walker, 24 1309 N. New Jersey. Paul Stafford, 25, 1701 E. Thirtieth; Dorothy Matheson,, 21. 1631 Leonard. A. D. Eaton, 55, 636 Russell; Stella Greenfield, 21, 933 Somerset. Dorsey Simmons, 31, 621 E. Fifty-Ninth; Maude Wall, 31, 3918 Central. G. A. Bischof, 22, 2024 Prospect; Martha Hawkins, 21, 819 Dailey. V. F. Hays. 23. 2021 S. East: Rachel Woods. 22, 2021 S. East. E. J. Eich, 29, 102 N. State; Mary Baden, 29, 1628 E. Washington. Ambrose Fleming. 27, 318 Arch: Carrie Thomas, 34, 313 Arch. P. E. Dunbar. 24. Crawfordsville, Ind.; Georgie Little, 20. Speedway City. N. T. Rogers. 58, Groensburg, Ind.; Nelly Townsend. 39. 121 Roberts Annex. ‘ W. H. Hill. 21. 1333 Kentucky; Goldie Hunter. 18, 1345 Kentucky. L. E. Rhodes. 23, 804 N. California; Bessie Downey, 24, 850 W. Twenty-Fifth. Hugo Korn, 39, -Chicago; Florence Bokeloh, 35. 1414 Spann. C. W. Rankin. 23, 1707 N. Tibbs; Bonnie Herrin, 18, 1710 N. Alton. V. R. Duncan. 27, 3220 E. New York; Alma Sanders, 25. 2748 N. Sherman Dr. C. W. Dicks. 48, 115 E. Thirty-Third; Frances Brownell, 43, 1609 N. Meridian. W. R Baughman. 28. Helmsburg, Ind.; Mamio Hurdle. 21, 542 Holly. C. F. Schmidt. 50. 1405 Nordyke; Mary Seifert, 46, 1030 Oliver. Herbert Neeg, 25 1002 Bt. Paul: Florence Eflain, 25, 619 N. Delaware. W. L. Pflueger. 32, 1115 Tacoma; Bessie Ntxon, 36, city hospital. W. J. Jennings. 55. 3417 N. Capitol: Ida Singleton, 37, 1016 Sheldon, J. H. Whitlock, 24, 4014 Carrollton; Kathryn Larkin, 21. 1210 Central. OWSLEY INDORSES COURT Legion Commander Addressee Lion's Club Conveniton, Ft;/ Times Special ATLANTIC CITY, N. J„ June 28. "President Harding is seconded by a dominant factor in the body politic when he seeks to establish an international court to settle dangerous disputes,” declared Alvin Owsley, national commander of the American Legion, in an address before the convention of the Lion's Club here today. “We soberly and confidently, yea, eagerly hope for peace. Having endured the hardships of and having learned by precious experience exactly what the existence of war entails, we seek the nveana of a lasting peace,”

THE INDIANAPOLIS TIMES

PRICES FOR HOGS LOWERED2O CENTS Large Receipts Principally Responsible for Drop. Hog Prices Day by Day June 250-300 lbs. 200-225 lbs. 150-180 lbs. 22. 7.50 7.55 7.55® 7.60 23. 7.55 7.55 7.55 25. 7.45® 7.50 7.45® 7.50 7.45® 7.50 26. 7.60 @ 7.55 7.50® 7.55 7.55® 7.60 27. 7.45 7.60® 7.45 7.45 28. 7.25 7.25 7.25® 7.30 Hog prices took a further drop of 20 cents in trading at the local stockyards, today, due chiefly to large receipts locally and at leading primary markets. Altogether 12,600 hogs were offered for sale, including 1,421 carried over from Wednesday’s market. Shipping orders were not unusually large --and local packers dictated prices and absorbed threefourth the receipts. Kingan & Cos. alone took 7,000 r hogs. Practically all sales were at a flat price of $7.25, regardless of weight, though a few managed to bring a top of $7.30 as compared with Wednesday’s top of $7.50. Sows and pigs both suffered from the break, pigs selling down generally from $6.50 and sows down from $6. The cattle market proved the same difficult affair that it has been for several days with only prime cattle commanding a market or price while the medium and cheaper grades sold under great difficulty. Light receipts of 700 helped local traders to hold prices fairly steady with those of Wednesday. The calf market was quotably slow and steady, though the demand for veals remains fairly constant. Choice calves brought $lO and the bulk from $9 to $lO. Receipts, 600. Despite the fact that quotations for sheep and lambs were the same as on Wednesday, $14.50 down for lambs and $6 down for sheep, the market was regarded as higher due to the fact that no deductions were made for water in the wool. Receipts, 700. —Hogg—--150 to 200 lbs i $ 7.25® 7.30 Medium 7.25 Heavy 7.25 Top 7.30 Pigs 6.00® 6.50 Packing sows 5.50® 6.00 Cattle Few choice steers SIO.OO @10.75 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, 1,00(1 to 1,200 lbs B.oo® 8.50 Good to choice steers. I,OOQ 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 7.00® 8.75 Medium heifers 6.00® 7.25 Common heifers 5.00® 6.00 Fair cows 4.00® 5.00 Cutters 2.75® 3.25 Cannes 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 7.50® 8.00 Heavyweight veals 7.00® 7.50 Common heavies 6.00® 7.00 Top . 10.00 —Sheep and Lambe— Culls ..$ 2.25® 3.25 Good to choice ewes 3.00® 6.00 Few choice lambs [email protected] Heavy iambs 11.00® 13.00 Cull lambs 9.00

Other Livestock Su United Financial CHICAGO, June 28. —Hogs—Receipts, 46.000: market 10@20c lower: top, $7.30; bulk, $6.60 @ 7.i5; heavyweight. $6.50@ 7.15: medium. $6.60 @7.30; light, $6.55 @ 7.30: light, $6.65®7.25; light lights. $6.50 @7.10; heavy packing sows, [email protected]; packing sows, rough, [email protected]; killing pigs, [email protected]. Cattle —Receipts, 9,000; market Blow; most killing classes about steady with week’s decline; better grade she stocks more active, scarce: bulls and veal calves strong to higher; bulk vealers to packers, $9 @9.50; stockers and feeders dull, unevenly lower; relatively few beef steers or yearlings here of value to sell above $10.50. Sheep—Receipts, 10,000; market for lambs steady to strong; bulk good and choice native lambs mostly $15.25; top, $16.50; sheep scarce, steady: fat ewes mostly $5 @6.60; extreme heavies downward to $3.50. EAST BUFFALO. June 28. —Cattle —Receipts, 275; market, dull and easy: shipping streers, [email protected]; butcher grades, sß@9: cows. [email protected]. Calves—Receipts, 200 Market, active, 76’c higher: culls to choice, $4 @11.26. Sheep and lambs—Receipts. 300: market, active, lambs, [email protected], $1 higher; yearlings and sheep, 50c higher; choice lambs. sls @l6; cull to choice, s9@ 14.50; yearlings, $8 @l3: sheep, $3 @B. Hogs—Receipts, 200: market, slow. 15c to 25c lower; yorkers, [email protected]; pigs, $7; mixed. $7.75 @ 7.85’: heavies, [email protected]; rough. $5 @5.50; stags. $3.50 @4. EAST ST. LOUIS, June 28.—Cattle—Receipts. 1,500: market, steady; native beef steers, [email protected]; yearlings and heifers, $5.50: cows, [email protected]; canners and cutters. $1.2503.25; calves, $9.50. Hogs— Receipts, 13,000; market, slow, 10c to 15c lower; heavy. [email protected]: medium, $7.10@ 7.30: lights, [email protected]: light lights, $6.50 @7.30; packing sows, $5.65 @5.90; pigs, $6 @7.15: bulk. $7.15 @7.30. Sheep—Re>ceipts, 1,500. Market, steady: ewes. $3.60@ 5.60; canners and cutters, [email protected]; wool lambs, $13.25 @15.25. PITTSBURGH, June 28.—Cattle—Receipts. light: market, steady; choice, $10.50 @11.25; good. $9.50® 10.25; fair. $7.25® 9; veal calves, $10.50@11. Sheep and lambs—Receipts, light: market, steady; prime wethers. [email protected]: good, [email protected]; fair mixed, $4.7505.75: lambs, sll@l3. Hogs—Receipts. 20 dd: market, lower; prime heavy. [email protected]; mediums, $7.85 @7.90: heavy yorkers, [email protected]; light yorkers. [email protected]: pigs, $0.75@7; roughs, [email protected]: stags, $2.00@3. CLEVELAND, June 28. —Hogs—Receipts. 4,500; market. 15c to 25c lower; yorkers. $7.65: mixed, [email protected]; medium. $7.65; pigs. $8.75: roughs, $5.50; stags, 4. Cattle — Receipts, 250; market, 25c lower; good to choice bulls, unchanged: good to choice steers, unchanged: good to choice heifers, unchanged: good to choice cows, unchanged; fair to god cows, unchanged; common cows, unchanged: milkers, unchanged. Sheep and lambs —Receipts. 500: market, slow; top, sls. Calves—Receipts, 500; market, 50c lower; top, $10.50. CINCINNATI, June 28.—Cattle—Receipts. 500; market, dull and weak; steers. s9@ 10.25. Calves—Market, steady: extras. s9@ 10 Hogs—Receipts, 5,000: market, steady; god to choice packers, $7.65. Sheep—Receipts. 5,200; market, strong: extras, s4.ot>. Lambs—Market, weak; fair to good. sls@ 15.50. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift * Cos.; Ribs—No. 2. 19o; No. 3,15 c. Loins—No. 2,20 c: No 3,23 c. Rounds— No 2. 20c; No. 3,17 c. Chucks—No. 2. 12c: No. 9,19 c. Plates—No. 2,7 c; No. 3,6 c. Cloverseed Market Cloversoed was quoted s7@ 10 a bu. in Indianapolis. DEPUTY SHERIFF QUITS Miss Maybelle C. Kiefer Was First Woman to Hold Position. Miss Frances M. Childers, 1556 Barth Ave., today took up the duties of stenographer in Sheriff George Snider’s office, having been appointed to succeed Miss Maybelle C. Kiefer. Miss Childers is the daughter of Frank Childers, chief deputy county clerk. Miss Kiefer was the first woman deputy sheriff in the State. Her resignation becomes effective Saturday. She will be married July 80 to R- Jack Stauoh. of Minneapolis.

Sunday School Room Workshop of Religious Topics

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CHILDREN MAKING MODELS OF ARTICLES MENTIONER IN THE BIBLE AT THE DAILY VACATION BIBLE SCHOOL OF THE SECOND PRESBYTERIAN CHURCH.

JOURNALISTS OF CATHOLIC CHURCH TO GATHER HERE Press Association Will Meet Friday for Two-Day Session, Sessions of the national convention of the Catholic Press Association of the United States and Canada will begin at 9 a. m. Friday at the Lincoln. J. P. O’Mahony, editor of the Indiana Catholic and Record, is chairman of the press committee of the association. Sessions will continue until Saturday night. Friday addresses of welcome wdll be given by the Right Rev. Joseph Chartrand of Indianapolis and George A. Barnard on behalf of Governor Warren T. McCray. Addresses will be made by prominent Catholic journalists. A banquet wdll be held Friday evening at the Lincoln. The Rt. Msgr. F. C. Kelley, D. D., president of the Catholic Church Extensjpn Society of the U. S. A., will speak on “Catholic Press Ethics.” A concert will be given by the Schola Cantorum of SS. Peter and Paul Cathedral of Indianapolis, under the direction of Elmer A. Steffen. Requiem high mass for deceased members of the association will be said at St. John’s Church at 8 a. m. Saturday. The service will be followed by a business session at which officers will be elected. The local arrangement committee plans a sight-seeing tour, followed by luncheon Saturday afternoon.

COAL CASES ARE DISMISSED HERE (Continued From Page 1) slate clean and begin over again. In this connection they pointed out a paragraph of the statement which read: "Only good can come by everybody realizing where they stand, and by wiping off the slate in this particular class of cases now pending and by beginning anew.’’ Significant parts of the attorney general’s statement were: "Careful investigation strongly supports the protests of the defendants that many of the things charged and complained of by the Government in the indictment under the Sherman act, were in no small measure due to the efforts of those who were Government officials during the war, to bring about, It was supposed, more intensive co-operation between the operators, miners and railroads in the production, allotment and transportation of coal." Collective Bargaining "We may say, avoiding the burden of too much detail, that the Government cannot deny in this case that tiie collective bargaining between the operators and miners, scales committees, the commonly called “check-off'’ system, and the distribution of statistics—each set fortlr in the indictment as a means for the accomplishment of the unlawful conspiracies charged—were well known to the then responsible Government officials, and that, to say the least, such acts were permitted by such Government officials without protest.” "I believe the acts complained of were unlawful. I have, 4ipwever, reached the conclusion that the evidence which the defendants would be able to submit to the jury Is more or less convincing on the question of intent, and is more than necessary to create a reasonable doubt of guilt. That being so, I believe a verdict of not guilty would be the Inevitable result of the trial of this case. I am, therefore, convinced it is my duty to enter a nolle prosequi in this case.” Moves Dismissal X "I am at this particular time, therefore, inspired to a considerable extent, in addition to other reasons I have stated, to take this step and move a dismissal of this case in order that It Cannot be said that the legal branch of the Government of the United States Is unnecessarily Interfering with, or impeding the progress of, legitimate business. I desire, however, to be recorded as saying that the Department of Justice will take no backward step in the enforcement of the Sherman law, as construed by the courts ol the country.”. "I have no hesitation in saying that usually many of the things agreed upon at the meetings between the representatives of the operators and representatives of the miners, but not often made public, constitute a conspiracy. The public is fed up with the idea that there is a great and snibborn controversy between thfe contracting parties, when, in fact, there is no real contest at all. and the fake

MISSOURI AND OHIO . TO PLAY FINALS St, Louis Marble Clfamp, Who Defeated Indianapolis Boy, Gets Chance at National Honors,

By FELIX F. BRUNER Times Staff Correspondent ATLANTIC CITY, N. J., June 28. Sammy Schneider, 11, of St. Louis, and Harlan McCoy, 14, of Columbus, Ohio, will play here Friday for the National marble championship. They are the only survivors among the forty boys who started elimination play, Tuesday. Sammy is the lad Vho eliminated Ross Weaver, 10, Indianapolis marble champion, Tuesday. The tourna-

Cleveland Editor Is Prominent in Meeting

WILLIAM A. M’KEARNEY William A. McKearney, editor of The Universe, Cleveland, Ohio, is national secretary of the Catholic Press Association, which meets here Friday and Saturday at the Hotel Lincoln in its tenth annual convention. He will be one of the busiest men at the gathering, which will Include Catholic newspaper men of the United States and Canada. A banquet will be a big event of the convention and will be held at the Lincoln Friday evening. **

pretensions are intended only to alarm the public so that It •will consent to give any price for coal in order to be insured against freezing. Fair and lawful agreements must he entered into hereafter. and the things complained of in the indictment in this particular case must be discontinued. Public Impatient "The intelligent people of this country have grown impatient with the constant quarrel—sometimes only a pretended quarrel between operator and miner spokesmen, which takes place every few years, and lately more frequently, resulting in great losses to industry and great losses to the working man, to say nothing of the great hardships to everybody. Hereafter, the Government will give more attention than it has heretofore to the rights of these who suffer the greatest loss by reason of those unlawful acts and who are entitled to the first consideration.’’ Will H. Hays wired Daugherty that he would arrive in Indianapolis today and wished to have a talk with him. Daugherty said he had no idea what subjects Hays wishes to discuss. U. S. Lesh, attorney general of Indiana, telephoned the Federal building asked when he might see Daugherty. He said he had no legal matters to take up with him, but merely wished to make a personal call. Daugherty expected to leave for Columbus, Ohio, today. CLASSES IN SWIMMING STOPPED BY WEATHER Red Cross Life Guard Ijauds Work of Local Instructors. Because of the unsettled weather there were no Red Cross “Learn-to-Swim Week” classes at outdoor pools today. Instructions were continued as usual at the Y. W. C. A. Providing the weather Is favorable, the schedule will be carried out as usual at all pools Friday and Saturday, when pins will be awarded persons who can swim fifty feet or more. Capt. Charles B. Scully, xepresentative of the Red Cross of Washington, D. C., and champion live saver of the Atlantic Coast, said before he left Wednesday night tor Johnstown, Pa., that Indianapolis shoul dbe proud of the efforts put forth this week bj? its many capable swimming instructors and others who helped to make the campaign a success. He will return to the city in the fall to give instructions in resuscitation to school children, firemen, policemen and telephone operators. , Ft. Wayne Firm Incorporates Articles of Incorporation were filed today by the Fidelity Building and Loan Association ©f Ft. Wayne. Capital stock Is listed a* f $200,000.

ment is sponsored by the ScrippsHoward Newspaper League, of which The Indianapolis Times is a member. McCoy is the Northern States champion and Schneider is the Central States champion. Five boys started In the semi-finals today. Morris Goldfarb, Ft. Worth, Tex., Southern champion; Eugene Clewell, Allentown, Pa., Eastern champion, and Lloyd Williamson, Tacoma, Wash., Western champion, were eliminated. Thousands witnessed the games.

PAVING QUESTION IT PUT! SHELF Water Rate Petition Keeps Groninger Busy, Taylor E. Groninger, city corporation counsel, today said that question of an agreement between the city and the Indianapolis Street Railway Company over track paving will not be taken up until after the hearing of the Indianapolis Water Company’s petition for a rate boost before the public service commission, July 18. Mayor Shank recently Instructed Groninger to ask Robert I. Todd, superintendent of the street car company, to come before the board of works to make a definite agreement and map out a yearly program for paving between the tracks under the paving law passed at the last session of the Legislature. ‘KIDS’ARRIVE FOR FAIRVIEW CAMP Family Welfare Society Opens Settlement, Fairview settlement a summer camp accommodating fifty children and twenty-five babies, opened today under auspices of the Family Welfare Society . . V The camp is south of Fairview Park. In previous years It was operated by the Summer Mission for Sick Children. Despite rainy weather, the full quota of children were coming to the camp today. Children were examined some time ago, and only those at least 7 . per cent undernurished were admitted. “This is the first time nutrition work has been undertaken in this way,” Paul L. Benjamin, general secretary of the Family Welfare Society, said. "We hope to show what can be done when kiddles are properly fed.” The staff in charge: Mrs. Vivian Green, superintendent of the children’s department of the Family Welfare Society; Dr. James Taylor, president of the summer mission board; Mrs. Etta Griffin, superintendent; Mrs. Bertha Sprinkle, head nurse; Miss Lora Hadley, dletetician; Miss Elizabeth Fike, girls’ health mother; Mrs. Kate Metford, boys’ health mother; Albert Ensley, playground director. REV. DAVISON HAS NO DEFINITE FUTURE PLAN Minister Who Resigned Considers Several Possibilities. The Rev. raFnk E. Davison, 314 N. Tacoma Ave., who resigned as pastor of the Englewood Christian Cjiurch several weeks ago, today said he has no definite plan for the future. He still Is considering several possibilities and hopes to continue in the ministry. The Rev. Davison resigned after the church board had recommended that his resignation be requested and criticised him for objecting to a meeting of the Englewood Hustling Hundred, a branch of the church organization, on the score it was a Ku-Klux Klan gathering. Leaders denied it was a Klan meeting. The minister resigned before the congregation had an opportunity to vote upon the board’s recommendation. DUNN’S PRACTICE BARRED The State Supreme Court today delted from the list of attorneys qualified to practice before it the name of William M. Dunn, former Gary city judge, now serving sentence in the Federal Atlanta penitentiary for conspiracy to violate prohibition laws. Dunn was convicted in Federal Court with more than fifty defendants. His resignation as city judge of Gary was filed May 2, 1923, And accepted by the Lake Circuit Court.

THURSDAY, JUNE 28, 1923

VACATION SCHOOLS HOLD INTEREST Os CHILDRENIN BIBLf Youngsters Taught to Make Models of Subjects During - Idle Hours, All this in a Sunday school room! It’s the new way of teaching the Holy Word in the Vacation Bible schools of Indianapolis. Children are being taught to visualize the things the Bible discusses by making models of them. ’■N. Does it work? Mrs. Eiien Hendricks, in charge of the Second Presbyterian school, says sixty-five of th s seventy-five children in her class ar,' not members of any Sunday school, and were “picked up” from University Square and other places where they were playing, yet they come back day after day. Program Varied A general program is carried out daily by the school. Drills, v ßible stories and dramatization to kill the monotony of the classes. Once a week, Charles F. Hansen, blind organist of the Second Presbyterian Church, gives a short talk on music appreciation. Classes in craft woJA and arts feature tne daily program. An extra treat is planned each week. Fudge parties, picnic luncheons and birthday parties are given the youngsters. Children Occupied “The main purpose of the summer vacation Bible schools is to afford five weeks of good times and to occupy idle hours of the children with Bible stories, games, dramatization, craftwork and music appreciation,” MrsHendricks said. Several schools are being organized over the city. Thirty-seven schools with an estimated enrollment of 2,500 are in session. Directors of Vacation Bible Schools will meet Monday afternoon at the Second Presbyterian Church to further plans of organization.

STONE CASE MAV BE DECIDED FRIDAY Action of State Hinges on Judge's Findings, Decision on action of the StatjJ against the International Cut StpiM Contractors' and Quarrymen's Asso.ffp* tion, the Bedford Stone Club Auxiliary and fourten other defendants, charged with conspiracy to control trade in stone, will be handed down Friday morning by Judge Zimri E. Dougan of the Hendricks Circuit Court, Attorney General U. S. Lesh said today. From preliminary findings of facts given by Judge Dougan a few days ago, it is believed the International association will be forced to discontinue business in this State, and that the Bedford and allied groups will be ordered to dissolve, Lesh said. Lesh will be present when the decision Is given out. The International association, chartered in Illinois, is alleged to have exercised control over stone trade throughout the United States. CATHOLICS URGE ADEQUATE WAGES / Bu United Press MILWAUKEE, Wls„ June 28.--Adequate wages and collective bargaining were indorsed by speakers at the Catholic conference on industrial problems here today. The conference Is attempting to promulgate better relations between capital and labor. Father John A. Ryan, declared although Catholicism opposes So<(Wr ism, it holds there is a middle groilnu between socialism and individualism where State and industry is concerned. The State may step in to remove evils threatening any particular class, may properly deal with strikes, promote sound family life and the practice of religion among the working classes, he said. These officers were elected: President, Prof. David A. McCabe, Princeton University; honorary president. Bishop Peter J. Muldoon, Rockford, I1L; secretary-treasurer, P.ev. It. A. McGowan, Washington, D. C.; vice presidents, F. P. Kinkel, 3t. Louis; Rev. Joseph Hushlein, New Yoidt;. ( Rev. J. J. Curran, Wilkesbarre, Pa.j John A. Voll, Philadelphia; Col. P. H. Callahan, Louisville; Mrs. James Mehan, Milwaukee, Wis. G. 0. P. LEADERS MEET Indiana Republican Readers today attended a flve-State conference called by John T. Adams, chairman of the Republican national committee, at Cincinnati, Ohio. Among those in .attendance were Clyde A. Walb, Indiana State chairman; Frederick E. Schortemeier, secretary; Lawrence Cartwright of Portland, Mrs. Edna Eucklin of Brazil and Miss Etelka Rockenbach of New Albany. TANKAGE PRICE HIGHBtt A contract for sale of 1,000 garbage tankage to the Smith Agricultural Chemical Company at $5 a ton, an Increase of ninety cents, was let by the sanitary board today. The Increase will net the board approximately $2,000 a year. Harold E. Dufenach was appointed assistant to A. H. Lloyd, chief chemlsW in charge of garbage and duction. Dufenach’s salary wtll^BJ 3 l , $125 a. month. jgv ■