Indianapolis Times, Volume 35, Number 50, Indianapolis, Marion County, 9 July 1923 — Page 11

MONDAY, JULY 9, 1923

STOCKS CONTINUE ■GENERAL RECOVERY, BEGUN LAST WEEK Many New High Marks Established by Industrial Leaders. OILS SHOW STRENGTH Several Stocks Sell Four to Six Points Over Last Week’s Prices. The WALL STREET JOURNAL NEW YORK. July 9.—The stock market at the opening today was fairly active and firm, most of the rails opening higher than Saturday’s close, while Studebaker was up fractionally and Steel common unchanged. Sentiment in the street continued good with the spectacle of three days of advancing prices in the closing days of last week. Pan Petroleum sold above 60, the Dest price on the current rally, while the “B” stock rold 5% points above last week's low. First Hour The market continued firm in the .first hour with trading not very active. Several specialties featured the early dealings, notably Schulte Stores which sold above 99, adding over a point to the five-point advance of Saturday. Steel stocks were relatively inactive but firm. Crucible celling four points above the low of -last week while oils were better, especially California Petroleum, due .'it was believed, to expected developments in the industry. Second Hour Trading became more active as the session progressed, due to inside buying in the industrial list, in which many issues showed decided strength. Several new highs on the move were established by such stocks as Studebaker, Corn Products, Baldwin and American Can. Baldwin was the point of most covering when it rallied to 120%, nearly six points above last week’s low. The covering operations of the long short interest in these issues added impetus to the rally. Noon Hour

'' Trading slowed up in the noon hour, but only fractional changes took place in most of the leading issues as the selling pressure usually exerted in such periods of dullness was absent. Delaware & Hudson, among the rails, managed a gain of .3% points following the statement of kVice President Williams that he exW jiected authorization of the regular and other carriers were firm, due in jtome degree to the favorable report issued. Fourth Hour Bears abandoned their eqorts in the eaerly afternoon after Delaware & 1 Hudson, which had been the chief object of attack during the last few days, when most stocks were register- j ing gains, turned suddenly and gained in the face of professional pressure, i Sugar issues, however, did yield, ■ ground, but coppers maintained a firm tone, reflecting the generally better fueling toward the industry’s outlook, j Closing Hour While some of the industrial leaders' had yielded some ground from the day’s high marks before the close, i the day’s rally that had carried some Issues six or seven points above last ; '“Wek’s lows was not entirely lost. The dullness that overtook the market toward noon was hardly broken in the remainder of the session, except for some slight selling of industrial is'sues. Altogether, the street senti- ' ment has shown a divided reversal. Twenty active industrial stocks on "Saturday averaged 89.41, up 76 per cent. Twenty active rails averaged 78.76, up .71 per cent. Local Bank Clearings Indianapolis bank jlaerings Monday were $4,413,000: bank debits were 56.447.000. New York Money Market F By United >il i NEW T< 9—Commercial paper, prime nan’ ent. others 5% per cent Time mon’ brokers bid 5 per cent; banks ask ,-ent for all maturities Occasionally 11. are arranged at 5% per cent. Foreign Exchange By United Financial , NEW YORK. July 9.—Foreign exchange irregular: Sterling, demand $4.18*4; cables. -4.50%. Francs, demand. 5.77%c: cables. 5.78 c. Lire, demand. 4.21 tic; cables. 4.21%C. Belgians demand. 4.78*4: eablee 4 7c. Marks 253.000 to dollar. Czech demand: cables. 3.02 c. Swiss, demand. 17 05c: cables. 17.07 c. Guilders, demand. 39.18 c: cables, 39.21 c. Pesetas, demand. 14.35 c: cables. 14.37 c. Sweden./ demand. 26.39 c: cables. 26.43 c. Norway, demand. 16.16 c: cables 16.20 c: Denmark, demand. 17.48 c; .tables, 17.52 c,

Produce Markets

CLE VET.AND. July 9.—Butter—Extra in tubs, 41 % @43c: print*. 43%®44%c: firsts. 40%@41%c; packing: stock. 30® -•32c. Eggs—Freeh gathered northern extras. 29e; Ohio firsts. 24 !c: western firsts, new cases. 23c. Poultry—Heavy fowls. 23c: light fowls, 17®21c; cocks. 13c: broilers. - 42® 43c; ducks, spring. 30® 32c. Potatoes . —Virginia Cobblers, $6®6.25. CHICAGO. July 9.—Butter —Receipts. .15.258: creamery extra, 37%c; standards. 37 %e: firsts. 34® 35c; seconds. 3'2@33%c. ■'-Eggs—Receipts. 15.515; ordinary firsts, a3O % ® 21c: first-. 22 %c. Cheese—Twins. .22 %c: Young Americas, 22c. Poultry—- -' Receipts, 14 cars: fowls. 19® 23c: ducks, 16%20c: geese. 12®18e: turkeys. 20c; roosters. 12c; broilers. 32% 34c. Potatoes—Receipts. 244 cars: sacked Oklahoma Bliss Triumphs and Irish Cobblers, [email protected]; sente poor grades, $2.40. NEW YORK. July 9.—Flour—Quiet and unchanged. Pork—Quiet: mess. $25. Lard —Firm; mldle west spot. $11.65011.65. Sugar—Raw. quiet; centrifugal. 96 test. 7.09 c: refined, quiet; granulated, 9.25® 9.50 c. Coffee—Rio. No. 7 on spot. 11® LI %c; Santos. 13%@14%a Tallow— Dull: special to extra. 0%®6%c: city, 5% ® 6c. Dressed poultry—Quiet: turkeys. -25® 42c:- chickens. 24® 50c; fowls, 12 6 29c: ducks. Long Island. 25a Live pultry— Quiet: geese. 15® 22c: ducks. 26® 28c: - broilers. 32® 46c. all via express. Cheese—...Rteady: state, whole milk, common to specials, 18® 26c: state, skims, common to spe- . tals. 8® 17 %c. Butter—Steady: receipts. &*.I2S: creamery extra, 38c: special market. 38 % ® 39c; ttatg dairy tube. 33@37%c. Egg*—rQuiet; receipts, 13,078: nearby whites, fancy. 45c; nearby state whites. 28 P 43c: fresh frets to extras. 24%® 33c; Uaqifle ovirst. 33®40c. western whits. 20®

New York Stocks (By Thomson 4 McKinnon) —July 9

Railroads— Prev. High. Lor.-, 1:45. close. Atchison 99% 98% 09% 99% B & O 46% 45% 46 46% Can Pac ...146% 146 146% 146% C R I 4 P.. 24% 24% 24% 24% Del 4 Hudson 98% 96 98 96 Gs North pfd 67 ... 66 % 66 % Lehigh Val.. 67% 57 67% 58% N Y Central. 98% 98 98% 98 NY NH 4 H 12 11% 11% 11% North Pac... 68 67 08 67 Pennsy 44 43% 43% 43% Reading 72 ... 71 % 71 % So Pacific... 86 % ... 86 H 86 % St L 4 SW.. 29% ... 29% 29 Union Pac ..130% 130 130% 130% Wabash pfd.. 28% 27% 28 27% Rubbers— Goodrich Rub 26% 26 26% 26 Kelly-Spring. 34% ... 34% 33% US Rubber.. 42% 42% 42% 42 Equipments— Amer Loco .136% 134% 134% 134% Baldw Loco .120% 118% 119% 11PH Gen Elec ...175 ... 175% 175% Lima Loco .. 62% 01% 82 01% Westh Elec.. 55% 54% 65 54% Steels— Bethlehem... 48% 46% 45% 46% Crucible 05% 64% 65 04% Culf States. . 73% ... 72% 72% Rep I 4 S.. 45% 44% 44% 44% U S Steel .. P 2 91% 91% 91% Vanadium .. 29% ... 29% 29 Motors— Chand Mot.. 52 51 52 51% Gen Motors.. 13% ... 13% 13% Max Mot A . . 41 % .... 40 % 39 % Max. M. (B) 12% 12% 12% Studebaker .103% 102% 103 103 Stewart-W... 80 79 70 % 78% Timken 37% 37 37 36% Oils— Cal Petrol... 22% 21% 22% 21 Cosden 40% 30% 39% 40 Marlaud .... 38% 38 38% 38 P.-A. Pete... 61 60% 60% 60

WHEAT ALONE IS LOWERAT CLOSE Corn and Oats Mount Steadily During Day’s Trading, By United Financial CHICAGO, July 9.—Grain prices closed irregular on the Chicago Board of Trade today, corn and oats making substantial gains while wheat slumped fractionally. Figures showing the world's visible supply were posted during the day’s trade and showed decreases in wheat, com and oats and a light increase in rye. Wheat prices were held back throughout the day by a drop in Liverpool at the close and generally favorable crop news. Corn prices mounted steadily throughout the day’s session. With low sticks and light receipts, the bullish factor during the morning, the buying was further induced toward the close by the world's visible supply estimate showing even lower stocks than expected. Oats prices were strong, with a good class of local buying. Provisions were lower, chiefly because of the weak hog market. Chicago Grain Table i—July 9 WHEAT— Prev. Open High. Low. Close, close. July.. 104 1.04 1.03% 1.03% 1.04 Sept.. 1.03% 1.03% 102% 103% 1.03% Dec. 1.06% 1.00% 1.05% 1.06% 100% CORN — July.. .81 .83 .81 .83 .80% Sept.. .75% .77 .75% .76% 75 % Dec.. .63 .63 % 02 4s 03% 63% OATS— „ July.. .39 .39% .37% .39% .3? Sept.. .35% .35% .35 .36% .3o % Dec.. .37 .37% .30% .37% .37 LARD— July. 11.05 11.07 10.97 10.97 11.10 Sept 11.30 1130 11.17 11.17 11.35 RIBS— Sept.. 9.22 9t£s 922 922 9.32 , RYE— July.. .65 .65% .64% fk> % •&*> Sept.. .67% .67% 67% .67% .67% CHICAGO, July 9.—Primary receipts: Wheat. 886.000 against 1,401.000: ebrn. 688000 aaginst 1.075.000: oats. 712.000 against 775.000. Shipments—Wheat, 227,000 again*. 363,000: corn, 401.00 against 1,261,00: oats, 512.000 against 501.000. CHICAGO. July 9. Car lot receipts: Wheat. 25; corn. 55: oats. 74: rye. 1; barley. 2.

Cash Grain

INDIANAPOLIS, July 9 —Total receipts for the day, 46 cars. Grain prices quoted f. o. b. basis. 41 %C to New York. Tho bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Through billed: steady: No. 2 red $1.02 01.04. Corn—No 2 white. 30% ® 32c; No. 3 white. 80®81%c: No. 2 yellow. 80®81; No. 3 yellow. 79%®80%c: No. 2 mixed, 78®80%e: No. 3 mixed, 77%®78%c. Oats—Firm: No, 2 white, 38@38%c; No. 3 white. 37 ® 38c. Hay—Firm: No. 1 timothy. $20620.50: No. 2 timothy. sl9® 19.50: No. 1 light clover mixed. $18@18: No. 1 clover hay. sl7 50® 18. —lnspections Com—No. 2 white. 10 cars; No. 1 yellow. 1 car: No. 2 yellow. 13 cars: No. 3 yellow. 3 cars: No. 1 mixed. 2 cars: No. 2 mixed. 2 cars: No. 3 mixed. 2 cars: ear, 1 car. Total, 31 cars Oats—No. 2 white. 11 cars: No. 3 white, 1 car. Total, 12 cars. llay—No. 1 timothy. 2 cars; No. 2 timothy, 1 ears Total. 3 cars. CHICAGO, July 9.—Wheat—No. 3 spring. $1.04. Corn—No 1 yellow. 86% ® 86%c; No. 2. 80%®80%c: No. 6, 82%c; No. 1 mixed. 84<@84%c: No. 2. 84@84%c: No. 5,84 c: No. 1 white, 88: No. 2. 85 % @ 86c. Oats—No. 3 white. 30%@41c; No. 4, 39%®40%c. Barley—63@6B%c. Timothy—ss.so® 6.50. Clover—sls @l7.

Grain Briefs

CHICAGO, July 9.—Northwestern grain men are advising the trade to watch the Canadian wheat crop. Conditions are said to be so perfect in those fields that any change would be in the way of deterioration. Some traders predicted that with the | Federal Reaerve banks ordered to assist the farmers, the local country banks may be more lenient and grain may be held back. Businees has been resumed at the Com Products Company. Argo. 111., after a twoweek shutdown. Local experts say the com stand is unusually irregular and predict Government estimates will show the crop below the average. A fair volume of export business in wheat reported from the seaboard is about balanced in the big markets b ya slow milling demand. Low prices are being made for flour. Local Hay Market Loose hay—s2lo23: bales. $20@22; heavy mixed. 96® 97c; light mixed hay, $lB S2O. Corn—9s @8 7c. Oat*—so 0 55c Local Wagon Wheat Cloverseed was quoted s7® 10 a bu. In Indianapolis. Marriage Licenses Tom Martin. 25, 420 Douglass; Betty Pollard. 10. 323 N. Blackford. Floyd Hiatt. 27. 2105 ShriTor: Fleets Reynolds. 20. 4044 W Twenty-First. G. A. Patry, 28. Ft. Harrison; Gladys Reiser. 18, 215 Spring. W. M. Hutchison, 22. 1343 E. Washington; Viola Henry. 23. 1537 Leonard. R. L. Harris. 24. 2914 E. Michigan: Helen Masten. 27, 1025 Sturm. T. D Davis. 62, Louisville. Ky.; Louisa Schott. 46, 1015 Villa. Richard Moling. 57. 2222 W. Michigan; Rosa Stewart, 41. 2128 W. Michigan. ! O. F. Taylor. 19. Southport. Ind.; Vernal Perry, 2G, 125 N. Harding.

- 1:45 Prev. High. Low. o. m. close. P.-A. P. (B) 57 66% 56% 65% Phillips Pete 28 27% 27% 27% Pro. 4 Ref. 30% 36 36% 30 Pure Oil 19% 19% 19% 8. Oil of Cal. 51% 61% 51% 8t Oil of N J 33 % ... 33 33 % Sinclair 24% 24% 24% 24% Texas Cos ... 43 42% 42% 42% Minings— Dome Mines. 35 % .... 35 34 Int. Nickel.. 12% 12% 12% 12% Coppers— Am. Smelt.. . 55 54% 54% 55% Anaconda . . 40 39 % 40 39 % Kennecott. ... 34% 34% 34% 34% Utah Copper. 59 58 69 58 Industrials— Allied Chem. 68 07 67 67%. Amer Can... 90 % 89 89 % 88 % Amer Wool.. 81% ... 80% 84%' Cent Leather 20% 20% 20% ... Fam Players. 74 72% 73% 72% Int Paper . . 37 36% 37 Int Harvester 77% 77 77% 78% May Stores.. 81% 80 80% 80 Mont Ward.. 21% 20% 21% 20% Owen Bottle. 43 % 42 % 43 Sears-Roe .. 73% ... 73 72% U S Ind Alco 48 47% 47% 47% Am T 4T. . 122 % 121% 122% 121% Consol Gas.. 60% 60% 60% 00% Col Gas .... 95% ... 95% 95% Shipping— Am Int Corp 19% 19% 19% 19% Atl Gulf 11% 10% 10% 10% Int M M pfd 24% 23% 23% 23% Foods— Am Sugar... 66 % 66 66 ... Am Beet Sug 32% ... 32% 32% Corn Prod ..121% 119% 119% 120% Cu Cn Sug pf 43% ... 43% 44% Cu-Am Sug.. 27% 27 27 27 Vi Punta Alegre 61% 51% 61% 52% Tobaccos— Am Tob Cos . 143 % 143 % 143 % ... Tob Prod ..79 79 78%

CONSISTENT FIRMNESS MARKS TRADING ON CURB Oils Lead Whole List in Points of Activity and Strength. By United Financial NEW YORK, July 9. —Consistent firmness showed Itself In the curt) market today under the impetus of a good opening and despite realizing in scattered directions. Prices registered a quick initial bulge as a result of an early rush of buying orders, oils leoding in the point of activity and strehgth. In later periods dullness set In but the postion of the majority of the stocks was not materially changed. Gulf Oil at on etime showed an advance of more than two points over the previous close and tapered off only slightly. There was a broader market in the industrials with Gillette Safety Razor spurting fro mbelow 242 to 245% on news that the South Boston strike had been terminated. Goodyear Tire picked up % above 11.

Business News

WILKESBARRE. July 9 After being out on strike for a week. 900 miners employed at No. 9 colliery of tho Lehigh 4 Wilkesbarre Coal Company have resumed work The men went on strike when several miners refused to pay the assessment levied by the United Mine Workers, of America to clear up tho $1,000,000 debt incurred by the 1922 suspension of work. NEW YORK—Fairchilds Cotton index for the week ending July 7 shows an average of 16.268 for cotton goods as against 16,348 for the previous week. Raw cotton averaged 27.77 against 28.39 the week before. NEW YORK—General Motors' preliminary announcement of combined sales of American and Canadian passenger and commercial cars during June, fixes the number at 08,000 cars and trucks and compared to 75,419 in May and 48.541 in June. 1922. NEW YORK—Vice Chancellor Bentley of the New York-New- Jersey court of Chancery has dissolved the temporary injunction secured by five dissatisfied shareholders pf the Porto Rican American Tobacco Company, prohibiting the company from calling a stockholders' meeting to vote on a recapitalization plan under which new non-par stock would be substituted for that now outstanding. NEW YORK—“I expect the regular quarterly dividend will be declared at the meeting of the board of managers ot the Delaware 4 Hudson Company this month. ' said Vice President William*. He said reports current that reduction In rate was contemplated were based on ignorance of the conditions. '"lt is ridiculous to talk of European selling." he said “I think less than 100,shares of stock are In foreign hands. I know of no western selling. The amount of D. 4 H. stock in the Street ts very small. It may have been increased by recent failures. but I believe the decline in the stock is only another raid such as has been made before. We have paid 9 per cent regularly for fourteen years. May earnings were remarkably good and June even better" Indianapolis Stocks —July 9 Bid. Ask. Am Cent Life 200 Am Creosoting Cos pfd 97 Belt R R com 60% 70% Belt R R pfd 52% ... Cent Bldg Cos pfd.... 98 ... Cities Serv com 132 130 Cities Serv pfd 63% 05% Clt Gas Cos com 28% 28% Clt Gas Cos pfd 99% 102 Ind Hotel com 100 ... Ind Hotel pfd 100 Ind Nat Life ■■■ Ind Pipe Line C 0.......... . 94 98 Ind Title Guar Cos “0 80 Indpls Ab pfd 50 Indpls Gas 49 o 2 Indpls 4 Northwestern pfd oo Indpls 4 Southeastern pfd. .... 55 Indpls St R R 61 67 Indpls Tel com 1 • • • Indpls Tel pfd 90 Mer Pub Util Cos pfd 82 - • • Nat Mot Cos 2% Pub 9av Ins Cos. 12 ... Rauh Fer pfd.... 60 ••• Stand Oil of Ind 63 % o 5 % Sterling Fire Ins Cos 8 9% T H I 4 E com 3 0 T H I 4 E pfd 13 20 T H Tr 4 Lt Cos pfd. 93 97 Union Trac of Ind com 2 6 Union Trac of Ind Ist pfd. . . 21 ol Union Trac of Ind 2d pfd. ... 8% 9 Van Camp Prod Ist pfd 100 Van Camp Prod 2d pfd 100 Van Coal Cos com 33 % Van Coal Cos pfd 11 16 Wab Ry Cos com 8 9 % Wab Ry Cos pfd. 27 30 Bonds Belt R S Y 4s. May, 30 80 ... B R 6s ... 60 70 Clt Gas se. . . 86 88 Clt Gas 7s 100 102 Clt St R R 5. 83% 86 Ind Coke and Gas 6s 90 94 Ind Hotel 5s 0 Ind Hotel Cos 3d Bs.. 99% ... Ind North 5s 47% ... Ind Ry and Lt 5s 89 ... Ind Union Trac 5e 47% ... Indpls Ab Cos 7% s 100 106 Indpls Col 4 Cos 0s 97 100 Indpls Gas 65.... 85 87 % Indpls Lt 4Ht oi 93 % 0® , Indplß 4 Mart 5s 60 63% Indpls North 5s 51 54*^ Indpls tc Northwestern 55.... 51 o4H Indpls 4 S E 5s 40 Ind Bhelby 4 S E 5s *>2 Indpls St Ry 4s 63% 66% Indpls Trac 4 Term 5s 83 88 Indpls Union Ry 55... 93 ... Indpls Union Ry 4%s 93 ... Indpls Water 5s 99 100 • Indpls Water t%* 85 89 Indpls Water 5%s 93% 90 Bouth Ind Power 5s 101 T H I 4 E 5s 89 73% Union Trac of Ind 8s 08% 73 Raw Sugar Market By United Financial NEW YORK. July 9.—The raw sugar market opened lower. July. 6.30 c bid: September. 0.28 @ 5.30 c: December, 4.88(34.700; March, [email protected]; May. 3.80 c. bid Dressed Beef Prices Wholesale selling prices on dressed beef. ’Swift 4 Cos.: Ribs—No. 2. 19c No. 3.10 c. Loins—No. 2. 29c: No 3,25 c. Round*— No. 2,21 c; No. 3,17 c. Chucks—No. 2. lie: No. 3.9 c Plates —No. 2. sc: No. 3,4 c. Cloverseed Market Local mijls .arc paying 90c for new Nc.

THE INDIANAPOLIS TIMES

PRICES FOR HUGS SUFFER BIG DROP Decline Ranges From 25 to 50 Cents —Large Receipts, Hog Prices Day by Day Juyl 250-300 lbs. 200-356 lbs. 150-180 lbs. 2. 7.35 7.36 7.35 3. 7.50(3 7.60 7.60® 7.70 .7.70® 7.75 6. 7.75® 7.80 7.75® 7.80 7.80® 7.85 6. 8.00 8.00 8.00 7 8.00 8.00 8.00 9. 7.50® 7.55 7.55® 7.60 7.00® 7.65 Prices paid for pork on foot at the local livestock exchange today dropped from 25 to 50 cents, due to large local and primary receipts. The market was quotably 25 to 50 cents lower than Saturday’s opening and 25 to 35 cents lower than the previous close, choice lights having sold down Pom $7.65 and heavies up from $7.50, as compared with Saturday’s early' price of SB. Th 4 close of Saturday’s market was 10 to 15 cents lower than th eopening, all grades having sold down to $7.85 and $7.90. The bulk of the day’s receipts of 12,000, Including 1,307 holdovers, moved at $7.60 to $7.65. Sows were down a Quarter at $6.75 down and piks were off a like amount at $7.25~d0wn. A better tone existed in trading in the cattle market, with choice steers Belling steady at $K down and choice heifers showing strength at $10.25 down, due to light receipts of this class and a general shortage in the market. Receipts, 1,200. Trading in the calf alley was dons at steady prices, choice veals selling at sl2 and the bulk at $11.50@12. Receipts, 700. The sheep and lamb market was quotably steady to $1 lower, spring lambs having suffered the loss at $14.50 down, while sheep were steady at $6 down. Receipts. 500. —Hogs—--150 to 200 lbs $ 7.60® 7.65 Medium 7.55® 7.80 Heavy 7.60® 7.65 Tod 7.65 Pigs 0.75® 7.25 Packing sows 6.00® 8.75 j —Oat tie . ■ Few choice steers slo.oo® 11.00 ! Prime corn-fed &teers. 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 8 00® 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 —(Xtwh and Heifers— Choice light heifer* $ [email protected] Good light heifers . 7.00® 875 Medium heifers 6.00® 7.25 Commit helfero 600 ® 6.00 Fair cows 4.00® 6.00 Cutters i. 2.76® 3.25 Canners 2.25® 2.50 —Units— Fancy butcher bulls $ 5 50® 6.00 Good to choice butcher bull* 5 00® 5.60 Bologna Bulls 3.75® 450 —baiva*Choice veals sll.oo® 12.00 : Good veals . 10.0001100' Medium veals 8 00® 9.00 Lightweight veals 7 50® B.oo’ Heavyweight veals ... . 7.00 760 Common heavle 6.00® 7.00 ■ Top 12 00 —Sheep and Lambs— Culls r . .$ 2.25® 325 ! Good to choice ewes 3.00® 0 00 Few choice lambs 13 00® 14.50 i Heavy lambs 11.00(3 13.00 Cull lambs 8 00® 10.00

Other Livestock By United Financial CHICAGO. July fc.—Hoge—Receipt* 85OOO; market. 25 040 c lower; top. $7 66 bulk. $8 8507.56: heavy wclg ht. $6,650 755: medium. $6.000705: light. $6,750 ; 7.65; light light*, $6 7507.60: havy packing smooth. $6 0 6.50: packing *ow*. rough. 55 60@6 10: killing pig*. 86.2507.10 Cattle—Receipt*. 23.000 market fairly active: better grade* and jearliug*. leady; other grade* easy: top matured steer*. sll 60; ome held higher. veal calve* generally steady: bull* strong: 15c higher; bulk desirable bologna bull* $4.7505: bulk realer* to packer*. $1075011.25 Sheep—Receipt*. 21,000: market mostly 25050 c lower. culls generally $6 0 8 50: sheep and steady: medium ana heavyweight ewes, $506: heaviee downward to $3 50 KANSAS CITY. July 9—Cattle—Receipts, 18.000. Calves—Receipts. 3.000. Steer* and yearlings slow and dull: few sales good yearlings. $9 00.25; around steady, bulk offerings Texas and Oklahoma cattle, she stock steady to weak: bull* and calves steady: vealers $8.3009; Stockers and feeders slow. Hoge—Receipts. 13.000: little doing; few 100-lb. averages. $7.26, or 15c lower; packers and shippers bidding 80035 c lower on medium and heavy butchers: $7.20 bid by packers; packing sows 15025 c lower: bulk, $606.10. Sheep— Receipts, 12.000; lambs generally 25® 50c lower: some natives off more: Idaho*. sls; Colorado*. sl4 80. natives, $14.75; sheep 25c lower: Texas wethers, $7,90. EAST BUFFALO. July 9—Cattle—Receipts 2.750; market, active and steady; Shipping steer*. $10(311.25; butcher grades. sß® 9: heifers, *6.25® 8.25; cow*. $2,25 0 8.50; bull*. $3.50® 5.75; milch cow* and springers, $25®110. Calves—Receipt*. 2.600: madket, active and steady: culls to choice, $4014. Sheep and lambs—Receipts, 2.200; market, active and steady: choice lamb*, $16®16 cull to choice. S9O 14,50: yearling*. $7 013; sheep $3 08 60. Hog* —Receipts, 11,800; market slow 25c to 36c lower: yorker*. $8.25 0 8.40: pigs $8 250 8.40: mixed. $8 2608.40; heavies, $7.7508; rough, $505.75; stags, $3.60® 4.50 PITTSBURGH, July 9.—Cattle—Receipts, 45 load*; market, active, steady choice, $10.50011; good. $9.50010.25; fair. $7.25 02.50; veal calves. $12.50® 13. Sheep and lambs—Receipts. 12 dd; market, steady on sheep, lower on lambs; prime wethers, $7.50 @8; good, $8.5007: fair mixed. $52506; lambs. sllOl2. Hogs—Receipts, 60 dd: market, lower prime heavy. $7.80 0 7 90; mediums. $8.40 0 8.50: heavy yorkers, $8.40 08.50: light yorkers, $808.25; pigs. $7.75 @8; roughs. $306.75; stags. $3 0 3.50. CLEVELAND. July 9.—Hogs—Receipts, 7,000; market, lower: yorkers. $79008; mixed. $7.9008; medium. $7.900 8; nigs, $7.25 07.50: roughs, $5.50; stags $4. Cattle-—Receipts. 800; markte. 50c higher; good to choice bulls $5.50 06.50: good to choice steers, $9.50010.50; good to choice heifers. $7.60 08.60; good to choice cows. $5.5003.50: lair to good 4.50: common cow*, $2.5003.50: milkers, $35075. Sheep and lambs—Receipts. 1,500; market, steady lop. sl6. Calves— Receipts, 1,100: market, steady; top. sl4. EAST ST. LOUIS'. July 9 —Catlle—Receipts, 5,000; market, slow: yearlings and heifers, $8.2509.25; cows. $4.7506: eanners and cutters. $2 0 3,50: calves. sll. Hogs—Receipts, 22,090 market, 25050 c lower: heavy, $6.8507.40; medium. $7.15 @7.50: light*. $7.15 0 7.80; light lights. $6.75 0 7.60: packing sows, $5.4505.66: pigs, $6 0 7.55: bulk. $7.30 07.60 Sheep —Receipt*. 3,600; market, steady: ewes, $3 06: canners and cutter*, sl®3: wool lambs, $12.76 014.75. CINCINNATI, July 9.—Uattle—Receipt*. 1.050; market, steady; shippers, $9010.25. Calves—Market. 50c higher; extras. slo® 12.50. Hog*—Receipts. 6.000: market. 25c lower; good or choice packers. $7.25. Sheep —Receipts, 1,200: market, steady: extras. $4 06 Lambs—Market, slow and steady; fair to g00d.,515015.50. In the Cotton Market By United Financial NEW YORK, July o.—The cotton market opened Irregular, July, 27.00 October. 23.66, up 31; December. 23.03, off 21: January. 22.76, off 26; March, 22.72, off 17. Building Permits T. Watson, reroof, 2537 N. Delaware. S3OO. J. R. Gray, reroof. 307 Burgess, $250. William H. Mitchell, dwelling, 1915 Montcalm. S4OO. J. H. Kane, dwelling. 133 Spnecer, $4,000. dwelling, 506 N. Emerson, Ed Voile, dwelling. 1634 Raymond. $2,000. Floyd De Haven, dwelling. 2852 Tacoma, SBOO Sarah Kelley, addition, 907 Woodlawn *350. J. S. Jackson, garage. 1638 Wade. $250. Tom Lovelace, dwelling, 1762 Minnesota. $1,300. - Tom Lovelace, dwelling. 1768 Minnesota. $1,300 Joeeph E. Williams, dwelling, 1911 W. Michigan. SI,BOO. Alex Box Company, warehouse, 1102 Trumbull, $6,000. A. J. Lockhart, garage, 5201 E. North,

When 12,000 Immigrants Raced for Entrance to U. S.

IMMIGRANTS ON THE S. S. GUILIO CESARE SALUTE THE STATUE OF LIBERTY AS THE VESSEL STEAMS INTO NEW YORK HARBOR. IT WAS ONE OF THE ELEVEN BOATS CARRYING MORE THAN 12,000 IMMIGRANTS WHICH STOOD OUTSIDE THE HARBOR UNTIL MIDNIGHT OF THE LAST DAY OF THE OLD QUOTA PERIOD AND THEN RACED TO INSURE ACCEPTANCE OF THE PASSENGERS AT ELLIS ISLAND BEFORE THE NEW QUOTA WAS EXHAUSTED. INSET ARE TONY AND ANGELO. FUTURE AMERICANS, UNCONCERNEDLY EATING "PIE” AS THE DRAMATIC RACE IS RUN.

JOHN D.’S DOCTORS BEAT KING DAVID’S Physicians Keep Oil King Healthy and Spry as He Celebrates Eighty-Fourth Birthday,

By United .Veirj POCANTIOO HILLS. N. Y„ July 9.—Apparently John D. Rockefeller’s physicians have hit upon a better scheme than did old King David's for conserving his energies in his old age. . At least, so it seemed as the little potentate of the oil world sat Sunday, on his eigjity-fourth birthday, with all the alertness of a man in his prime, listening to a sermon by a young preacher who was a college student last month. When King David grew so aged that coverlets would no longer warm him, and ooen hearth fires sent shivers up his chill spine, the medicine men of Judea, a crafty crew, tried device after device to keep him in a glow’ of warmth. Plan after plan failed. Old “Doc” Has Plan Asa last resort, an old physician was consulted who had been somethiiig of a rounder in his youth, with frequent visits to Babylon and Alexandria. “Let the cold old King sit in the lap of a lovely w'oman." he counseled “If that won’t keep him warm, nothing will." This plan worked, but lt played HARVEST WORKERS STILL IN DEMAND Fitch Promises Applicants Steady Employment, Steady work in the harvest fields for the next five or six weeks was promised to applicants today who called on Professor VV. Q. Fitch of Purdue. now' at the Statehouse conducting a "clearing huose” for men needed in the harvest fields. Professor Fitch said teh most urgent demand for harvest laborers was in Benton and Cass Counties. He sent four men to Fowler early today. "By instructing applicants to move north into new' fields as the w'heat crop is harvested, and then by calling them back to handle the hay harvest and the oats crop, it will be possible for the men to obtain practically steady work for several weeks," he said. Several applicants asked for steady work. Fitch will be at the State board of agriculture Tuesday, Thursday and Saturday afternoon. HEROINE TO BE HONORED Luncheon Is Planned for Woman War Workers. Miss Mary Caroline Holmes, whose bravery and heroism during the siege of Ursa. Asia Minor, won her the Croix de Guerre with palm from the French government, w-ill be guest of honor at a testimonial luncheon at the Severln Friday neon.Miss Holmes, who will be hi Indiana several weeks, was decorated at Beirut, Syria, by Ge* Henri Gouraud, after the evacuation^ of French troops from Cecilia. For six months after the evacuation with 1,000 Near East orphans in her care she was cut off from the world. Her sole defense in keeping her charges from harm was her courage and the American flag. Mrs. Hugh McGibeny, Mrs. Edward Franklin White and Mrs. E. C. Rumpier are In charge of the Rincheon which will be limited to 100 guests, both men and women. Miss Holmes wll arrive Thursday. FORM REVISION PROPOSED State Examiner Suggests Employment of Emergency Corps. Suggestions have been made by Lawrence F. Orr, chief examiner of the State board of accounts, that a corps of emergency examiners be employed to revise forms used in keeping State accounts to bring them up to data In compliance With statutory regulations. Expense Would be negli~<Kl - *

havoc with kind David's reputation around the court, a reputation already a little scandalized by a certain episode while the young officers of his court were away at the front. Rockefeller's doctors have gone the M D sos Judea one better in a perfectly "respectable wmy. They have prescribed no biblical chaise longue for him; instead, they have surrounded him with a group of congenial fellows, men who admire him sincerely and are not averse to tell him so. Coupled with an alert watch on his diet and exercise and constant medical supervision, they expect this plan will keep him warm with life until he reached a hundred. Shakes Neighbor's Hands After the sermon, having placed a $5 bill on the collection plate, the multi millionaire passed freely among his neighbors, shaking hands with most of the hundred or so In the tiny church. Entirely unescorted and unwatched by the apparently mythical bodyguard of stalwarts, the wrinkled, sunbrowned little man—he seems to weigh a trifle less than a hundred—walked down the aisle, passing brand new nickles to the small boys and girls of the congregation His keen eyes blinked as he emerged in the sunlight, then twinkled a greeting to hiR old friends, the camera squad, who beleaguered the church stoop in a formidable semi circle. TWO PIONEERS DROWNED Swollen Wales's of Silver Creek Take Toll at New Albany. By Time Special NEW ALBANY. Ind., July 9 Members of the United States Coast Guard of Louisville today were dragging the swollen waters of Silver Creek In an effort to recover the bodies of Henry Bactaus. 23, Louisville, Ky., and Gilbert Higginbotham, 16, New Albany, who were drowned Sunday while picnicking. Nine otners, seven of them girls, had narrow escapes. Higginbotham was swept over the dam spanning the creek at Glenwood Park. Bachus was lirowned while attempting to rescue the seven girls, whose boat capsized in midstream, at Myers grove. ELKS WILL GIVE PARTY Plans for Equipping Club Will Be Discussed. Indianapolis Elks will hold a garden party at the Athenaeum Friday night. George F. Schneider, Cleveland, a specialist In club management and equipment, will discuss the possibilities of the new home being erected by the local lodge at Meridian and St. Clair Sts. General John J. Pershing, an Elk, telegraphed he will not reach Indianapolis until Saturday morning for the Rainbow convention.

AUTO DRIVER TRIES FOR NON-STOP MARK Handcuffed to Steering Wheel, H, L, Lockwood Makes Long Trip in Automobile,

Handcuffed to |&e .steering wheel and without slee* for seventy-three hours, H. Jj. Lockwood, driving a Durant stock car, arrived in Indianapolis today on a nonstop time record run. Lockwood is attempting to break his old record of 105 hours’ continuous driving. His meals, which consist of milk and raw eggs, are served to him on the run. L. E. Branhf/n of the Durant agency provided gasoline for Lockwood while the car was in motion. Lockwood left Nw oYrk Thursday

THE KILLED IN DOMESTICTRAGEDY Crazed Farmer Murders Wife, Daughter, Then Self, By United Pr PLA INVIEW, Texas, July 9.—Following repeated threats In which he said he would some day kill his family, J. B. Cole, 48, farmer living near here, shot and killed his wife, daughter. Mrs. F. H. Williams, wounded another daughter, and then slashed his throat with a razor last night. Cole, according to his son-in-law, F. H. Williams, spent the day honing the razor, with a loaded shotgun across his knees. His family, becoming alarmed, sent word to Plainview, asking officers come to the farm at once. When the gToup of officers and citizens arrived they found Cola had already committed the murders. Members of his family said Cole had been acting queerly for somi time.

CAPTAIN TELLS OF RICKS DEATH Witness Says Lieutenant Accused Wife, Lieut. James C. Rlckner cursed his wife, Mrs. Evelyn Sue Rickner, formerly of Indianapolis, and accused her of shooting him, as he died at Anniston, Ala., Capt: Charles F. Craig testified at the preliminary hearing of Mrs. Rickner at Anniston, aocordlng to a dispatch today. Harry Elder of Indianapolis, brother of Mrs. Rickner, and her daughter Marylyn, 4, were in the courtroom. Mrs. Rickner collapsed and was carried out a short time before Judge J. B. Holman Jr. admitted her to $3,000 ball. NO SESSION IS IN SIGHT McCray Will Not Call Assembly on Booze Law. Costs of an extra session of tae legislature to correct defects in the present prohibition laws would be so large as to preclude consideration, was Governor McCray's answer to E. S. Shumaker, superintendent of the Indiana Anti Saloon League. Shumaker said tho Supreme Court’s decision on the Crabbs case, permitting possession of intoxicating liquor, had practically invalidated the law in this State. Unlesj other important matters should arise McCray saw no hope for he prohibition group. 100 Attend Traffic Club Picnic The annual basket picnic of the Indianapolis Traffic Club at Riverside Park Saturday was attended by more than one hundred, lt was announced today. Novelty prizes and a dance were the features.

Mich. He will drive back and forth between Indianapolis and Richmond on the National road for a day or two. The total distance on these trips will be greater than that distance from New oYrk to San Francisco. Lockwood is know nfor his daredevil changings from one airplane to another in mid-air. He has been associated with various moving picture concerns in Hollywood, where he lives. He also holds dirt track records. His latest endurance test is being ""“ l ‘ "" ° *5 000 wa*— U

LOCAL CIVIL TO VETERAN DIES AT HOMEOFHIS SON Leander B. Zaring Had Been Engaged in Grocery Business Here, Indianapolis has lost another Civil War veteran in the death of Leander B. Zaring, 77, Sunday at the home of his son, A. C. Zaring, 3357 Guilford Ave. Mr. Zaring was engaged in the grocery business at Tenth and Camp Sts. until March, when he sold the grocery and made his residence with his son. Mr. Zaring had just recovered from an accident in which a shoulder and a hip were broken. He was born In Johnson County and moved to Indianapolis about thirty-two years ago. He served in the sth. Indiana Cavalry during the Civil War, and was imprisoned at Andersonville for three months. Mr. Zaring is survived by two sons, A. C. and Gilbert C. Zaring, and a brother Claude Zaring, all of Indianapolis Mr. Zaring was a member of the Greenwood Masonic Lodge and of the G. A. R. He was an elder in the Fourth Christian Church. Funeral services will be held Tuesday at 1:30 p. m.. with burial in the Bluff Creek cemetery.

OLSON AND MARKS TAKE OVER OHIO Motion Picture Theater Under New Management, Charles M. Olson and Jean Marks on Sunday, June 15, will assume control of the Ohio Theater, a moving picture house, by the terms of a lease, It was announced todajrAlthough the financial consideration was not made public, lt is known the lease Is for a term of years. David A. Coulter, rerresentihg both the Ohio Realty Company, whiph owns the theater building, and the Ohfb Amusement Company, which has operated the house for several years, completed arrangements for the lease with Marks, as Olson is out of the city. Under the new management the Ohio will present many of the large movie releases, including Mrs. Wallace Reid In “Human Wreckage” and “The Famous-Mrs. Fair." This deal gives the Central Amusement Company, of which Olson is president and Marks, treasurer, control of four theaters In the city, including the Lyrio, Isis, Apollo and Ohio. THREE KILLED; ONE HURT MOSSING Family, Out for Ride, Is Almost Wiped Out. By Time * Special FT. WAYNE. Ind., July 9.—Three members of one family are dead and, a child, the fourth member, is near death in a Ft. Wayne hospital after their automobile was struck by a Pennsylvania passenger train near here. The dead: Benjamin Rlddner, Ft. Wayne, Mrs. Benjamin Riddner, Ft. Wayne. , Ivarl Ganellin, Chicago, father of Mrs. Riddner. Evelyn McCloskey, 3, niece of Mrs. Riddner, was Injured. The family was enjoying an afternoon ride when the accident ocoured. A train had passed Just before the crash- Riddner, who was driving, did not see a second train. The machine was hurled 200 feet. The train was in charge of John Blough, conductor, and Edward Gaskins, Ft. Wayne, engineer. LIFE GUARD DROWS AS HUNDREDS WATCH Athlete Swims to Aid Girl and Is Seized With Tlramps. By United Pre-te CHICAGO. July 9.—Forrest Nelson, IS, life guard and Northwestern University athlete, drowned In Lake Michigan Sunday while hundreds of bathers Ignored his cries for help. Nelson swam Into deep water to aid a girl who apeared to be having difficulty and was seized with cramps. Bathers thought his calls were In fun.

Baby Causes Accident By Time Special KOKOMO, Ind., July 9.—Wh<yT3lrs. Ike Denton attempted to move her baby lying asleep, in her lap, while she was driving her car, she lost control of the machine. The car plunged from the road and down an embankment. The sleeping child, its mother and Miss Holman, tnother occupant of the car, escaped InjuryFailure to Pay Rents Causes Quarrel A police call to the home of Mrs. Emily Holsapple, Apartment No. 6, 419 E. North St., was caused by an argument over a roomer's failure to pay rent, officers said. Cash Drawer Looted A burglar entered the fruit store of Paul Nahinias, 1014 S. Meridian St., early Sunday, and took $9.85 from the cash drawer. The burglar er tered through a basement window.

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