Indianapolis Times, Volume 35, Number 55, Indianapolis, Marion County, 16 July 1923 — Page 11
MON.DA 1, .i U.b 1 1(5, 1923
LOSSES GENERAL , IN TRADING ON STOCK EXCHANGE Most Issues Lower on Relatively Small Number of Transactions, ' The WALL STREET JOURNAL ’ "NEW YORK, July 16.—The opening of the stock exchange today was Iptfer In roost stocks on moderately active trading. Declines Included JJteel common, which was off Vs; Baldwin, which lost a full point; American <?an, which showed a net recession of and Com Products, with a loss of a half point. Studebaker ran counter by advancing fractionally at the opening, but reacted in the first ten minutes. First Hour The reactionary tendency continued bn a relatively light turnover and before 10:30 a number of important stocks had declined a point or two below Saturday's close, despite the special resistance offered by Baldwin and Studebaker. At the end of the hour prices were little changed from the levels reached around 10:30. That the market continued dull in the face of France’s apparent firmness on the ■Reparations question was considered BRncouraging. Second Hour ".. The general list was higher at noon -ted some leading stocks showed improvement over Saturday’s close, Btudebaker being a fraction higher after showing support in the early trading. Apparently the market was sold to a standstill. To say thatl it showed resistence would not be accurate—there was nothing to resist — trading in the second hour was less than 50,000 shares, one of the dullest hour’s trading of the year. Noon Hour ■—Trading became duller as the day progressed, with only 37,000 shares hands in the noon hour and about 225,000 up to 2 o’clock. Burns issues were better, reflecting improved earnings over last year, estimates for -the current fiscal year, based on the present rate, being better than sls a share on the “A” issue. A block of that stock purchased at private sale has been placed with clients by bankers. Fourth Hour Leaders were 1 slightly under noon prices in the afternoon trading, but 0119 were firm, though inactive, outside of Pan-Americans, both of which showed rallying power and were sightly better than at Saturday’s close. U. S. Rubber also showed some over Saturday’s prices, expectations being that the sixkonth statement would be better than _ timates, as well as the fact that the company has effected a considerable mark-down In Its floating debt. Closing Hour r - While the volume of trading failed to Increase in the last, hour, the total .tum-over for the day having fallen -with the 275,000 share mark, nothing to cause prices to decline further and many operators expressed -the opinion that if sufficient good news jto encourage buying develops, a good rally will ensue. Vanderlip’s statement also heartence traders. In the late trading foreign exchanges were drawer. active industrial stocks on Saturday averaged 89.40, up .33 per cent. Twenty active rails averaged 78.20, up .12 per cent. Local Bank Clearings Indianapolis bank clearings Monday were $4.109,000: bank debits were $6,839,000 - New York Money Market By United Financial NEW YORK. July 16.—The time money market quiet. There was a little lending at 5% per cent. The rate applies to all matarUles Brokers bid 5 per cent Commercial paper prime names 5 per cent; others 514 per cent. Foreign Exchange By United Financial NEW YORK. July 16.—Foreign exchange dosed lower. Sterling, demand, $4.5914. -FPancs. demand. 5.8314 c. Lire, demand, 4.3114 c. Belgians, demand. 4.86 c. Marks, 235,800 to the dollar. Czeoho, demand. 2.9914 c. Swiss, demand. 17.40 c. Guilders, demand. 39.17 c. Pesetas, demand. 14.29 c. demand. 26.49 c. Norway, demand. BtJ2lc. Denmark, demand, 17.46 c.
Produce Markets
NEW YORK, July 16.—Flour—Dull and unchanced Pork—Quiet. Mess—s2s. Lard —B&*7: middle west spot, $11.25(311.35. Aor ar—Raw, quiet: centrifugal, 96 test, 6.78 c; granulated, 8.50 c. Coffee—Rio. No. •’■On spot. 11c; Sautos. 10H ©l3Hc. Tallow —Steady: special, AS 28Hc: city. 6Hc. pressed poultry—Steady: turkeys. 25@42c; Chickens, 25 ©4Bc: fowls, 13 3 30 c; ducks. Long Island. 25c. Live poultry, steady; geese. 15c; ducks. 14©22c; broilers. 32© 48c. Cheese, firm state whole milk, common to specials. 19 ©26c: state, skims, common to specials. 8© 17He. Butter—Quiet: receipts, 6.054; creamery extra, 38 \ 039 c: special market, 39 V* @4oc; state dairy tubs. 34H©3SHc. Eggs—Quiet: receipts 0,841; nearby whites, fancy. 41@450; nearby state whites. 26 <3 43c fresh firsts to extra* 24H ®32c; Pacific coast, 32®40e: wseiern white. 26® 41c: nearby browns, 33 0410
, INDIANAPOLIS. Juiy 16.—&a*h eggs. 19<j; packing stock butter. 25c. springs 1\? to 2 lbs.. 83c; fowls, straight. 18c; fowls, under 4 Ibe.. 16c: leghorns. 25 per com discount: cocks. 9c: young tom turks. 23c: old tom turks, 18c: ducks, 6 lbs. up. 12c: geese lO lbs. up. 10c: squabs. 11 lbs. to doz.. S5. Indianapolis creameries are paying 37c a lb. butter fat. | ' CLEVELAND. July 16.—Butter—Extra in tubs. 41H 343 c: prints. 42tt@44>4c: firsts. 39*4@41Hc: packing stock. 30332 c &rgs—Fresh gathered northern extras, 30c; <*To firsts. 26c; western firsts, new cases 24c. Poultry—Heavy fowls. 26® 27c: light fowls 20323 c: cocks. 15310 c: broilers. 40Y42c: ducks, springs. 28 332 c Potatoes —Virginia cobblers. $0.50 per barrel; poor, 54,76 C 5. CHICAGO July Id.—Butter —Receipts, 18.100 creamery extra. 87c: standards, 37c: firsts. 843 86c; seconds. 3314 c. Eggs—Receipts. 19A86: ordinary firsts. 21Hc; firsts. 58c. Cheese —Twins. 22fi22Hc: young Americans. 23 3 2314 c. Poultry—Receipts. 7 ears; fowls. 10 321 c: ducks. 16@23c; jr*ese. 18® 21c; turkeys. 20c: roosters. 12 r: ■AroUers. 28 3 37 c Potatoes—Receipts, 181 bliss triumphs. $2.253 2.35; few best ■■£.6o. bulk mostly $2.25: sacked Illinois nllsi triumphs fancy, $2 60: 1 car Kansas early Ohio. $2 32.35. , Raw Sugar Market BY United Financial . NEW YORK. July 16.— Raw sugar market opened Irregular. July. 6.26 c: September. 4.94-06 02e: December, 4.4134.42 c: March. 8.88 c: May. 360 c The Hawaii and California Refining Company has reduced refined sugar ten point# to 8.40 c in the middle west era territory. Beet wage* pr*ee have been f -k llj| i-
New York Stocks <B* Thomson A McKinnon) —July ie—
Railroads— At 1:45 Prev. High. Low. p. m. close. Atchison ... 90 4, .... 99 9914 ; B. & 0 4614 45 % 4614 46 % I Can Pacific 148 14714 1471? 148 1* C. & N. W. R. 70 Vi 7014 Del. & Hud. 104 ... 104 100 Gt. Nor. pfd. (1511 65 65’-* 6> % Lehigh Val.. 58*4 58% 5814 58% N. Y. Cen... 9714 97 07% • 981* Nor. Pac.... 65% .... 65 % 66% Fensylvania.. 44 43% 44 Reading ... 71 T 4 7114 71 % 72 So. Pac 86% 86 Vi 86% 80% St. Paul pfd 31 % 31 % 32 % St. L. AS W. 29% 29 29% 29% I T'nion Pac. 130% ... 130 130% Wabash pfd 27% 27 27% 27% Rubbers— Kelly-8 33% 33% 33% 33% U. S. Rubber 42 41% 42 Equipments— Am. C. & C. 152% 131% 152% Amer. Loco.. 07 66 67 67% Baldwin Loc.llß 117% 118 119, Lima Loco. . 01 % 61 % | Pullman ....114% 115% | Westing. Elec 56 55 % 55 % 58 Steels— Bethlehem .. 46 44 % 45 % 46 Crucdblo 63 63 65% Gulf States . 71 69% 70 V* 72 Rep. I. & S.. 43% 43 43% 44% U. S Steel.. 90% 00Vi 90% 91 Vanadium . . 32 % 31 % 32 % 33 . Motor* Gen. Motors. 13% 13% 13% 13% Max Mot. B. 11% 11% 11% Studebaker ..102% 101% 102% 102% Stew. Warn .. 81% 79% 81% 82 Timken 37 / 36% 36% 37% Minings— Int. Nickel... 12% . 12% 12% Tex. G & S. . 66% 50%
WHEAT AND OATS HIT NEW FIGURES Corn, However, Advances Despite Heavy Offerings, By United Financial CHICAGO, July 16. —Grain prices closed irregular today, wheat and oats hitting new figures on the crop and corn advancing fractionally near the close. i Selling was on in wheat' in all corners of the trade. ExcqJlent crop reports, with favorable weather in all sections of the belt, together with lower prices In Liverpool, induced the selling. Receipts were heavy at all the primary markets and the movement if the new crop in the Southwest was said to be gaining rapidly. Oespite heavy receipts, corn prices broke away from the trend of the wheat pit and scored gains late In the day. Buying yb shoots In nearby deliveries was the chief factor In the bullish spirit. Oats prices flutuated eaesily within a narrow range and finally sagged off fractionally, In sympathy with wheat. Provisions sold slightly higher, in sympathy with hogs. Chicago Grain Table —July 16— , WHEAT— Prev. Open. High. Low. Close, close July. 08 .98% .96% .97 .98% Sept. .97% .98 96% .96% .98% CORN— July. 82 82% .81% .82% .82% Sept. .74% .74% 74 .74% .75% Dec.. .62% 63 .62% .62% .62% OATS— July. .38% .38% .37% ,38 V* .38% Sept. .34 .34% .34 .34 .34% Dec.. .36% .36% .35% .35% .36% LARD — •July 10 82 10 88 Sept. 10.97 11.00 10 05 11 00 10 97 RIBS—•JuIy 8.75 Sept 890 895 885 890 RYE— July. .62% .62% .61% .61% .62% Sept. .04% .64% .63% .64 .64% • Nominal. CHICAGO. July 16.—Car lot receipts: Wheat, 84: corn. Ill: oats, 73. rye. 1; barley. 5. CHICAGO. July 16. —Primary receipts: Wheat. 1.647000 against 1.493.000: corn. 726.000 against 1 190.000: oats. 926.000 against 744.000 Shipments—Wheat. 646.000 against 023,000; com. 384.000 against 1.943.000; oats. 621,000 against 985.000.
Cash Grain
INDIANAPOLIS. July 16.—Total receipts for the day. 104 cars. Grain prices quoted f o. b basis, 41 He to New York. The bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat —Through billed; No. 2 red. 90® 92c. Corn—Steady: No. 3 white. 80 H ® 83c: No. 3 white. 80® 82c; No 2 yellow. 81® 83c: No, 3 yellow, 80H®S2Ho No. 2 mixed, 79H@80Hc: No. 3 mixed. 79@ 79 Hfl Oats —Steady: No. 2 white. 37®38Hc: No. 3 white, 3oH@3Be Hay—Firm: No. 1 timothy, 20®20.50: No. 2 timothy. sl9® 19.50: No. 1 light clover mixed. slß® 18.50: No. 1 clover hay. $17.50® 18. —lnspections Wheat—No. 1 rod, 2 cars: No. 2 red. 30 cars: No 3 red. 1 car; No. 4 red. 1 car. Total. 24 cars. Corn—No. 1 white. 2 cars: No. 2 white. 20 cars: No. 3 white, 5 cars: No. 4 white, 1 car: sample white, I car: No. 1 yellow, 1 car: No. 2 yellow. 25 cer No. 3 yellow. 9 cars; No. 2 mixed. 1 car Total. 65 cars. Oats—No. 2 white, 9 ears: No 3 white. 3 cars; No. 4 white. 1 ear; No. 2 mixed. 1 car. Total. 14 cars. Hay—No. 2 clover mixed. 1 car. Total. 1 car. CHICAGO. July 16. —Wheat—No. 2 red. 99® 99 He: No. 3. 99 @99 He; No. 2 hard. 98H®99He: No 2. 98Hc. Corn—No. 1 yellow. 86H ®BBHe: No. 2. 86H®87e: No 3. 85 He: No 6,86 c No. 1 mixed. 85He: No. 2. 84@85c: No. 6. 83c: No. 1 white. 86c: No. 2. 85H@86e. Oats— No. 2 white 38 41 ® 41c; No. 4. 37H® 38He: standard, 37 He. Barley—6o H 68c. Rye—No. 2. 64 He. Timothy—[email protected]. Clover—sls @l7. Grain Briefs - CHICAGO. July 16.—The local trade Is of the opinion last week's down-turn was greater than necessary in view of the world wheat situation. While bearish sentiment was still in evidence, it was generally believed tlie large crop estimates had been somewhat exaggerated in some quarters and that otheT factors should be taker into consideration to balance the trade. Nearby deliveries of corn hare been holding to higher levels in the face of lower wheat prices because of the high gas premiums and the light stock* and receipts. Local dealers, however, have pointed out that if the scattered Interests started selling, July corn prices would drop easily. The country is reacting quite naturally to the present market alignment. Whea prices low and com unusually high. The counry is holding wheat and selling com. Continued reports of hot dry weather over the southwestern section of the com belt has boosted prices in the deferred deliveries. Scattered reports of this nature continue. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift tc Cos.: Rite—No. 2. 20c: No. 8. 16c. Loins—No. 2. 30c: No. 3.16 c. Rounds— No. 2. 22c: No. 3.18 c Chucks— No. 2. 10c; No. 3, Bc. Plates—No. 2. sc; No. 3, 4a Cloverseed Market Cloversred was quoted $7 @lO a bu. in Indianapolis. Local Wagon Wheat Local mills are paying 90c for new No. 2 red wheat. Local Hay Market Loose hay—#2l @23.; bates. 520@22; heavy mixed, 05@97e: llrht mixed hay $lB
_ 1:45 Prey. High. Low. a. in. close. Coppers— Am. Smelt.... 56 54 % 55 % 56 Anaconda .. 40 30% 4040% Kennecott . . 33 % 33 % 33 % 33 % Ltah Cop... 58% 57% 58% OUs— Cak Petrol... 22 21% 21% 22 Cosden ..... 39 % 38 % 38 % 39 % Slarland Oil. 39 38% 38% 38% Pan A. Pete. 61 60% 61 01% Pan A. P. B. 57% 56% 57% 57% Philnps Pete 26 25% 26 25% Pro. A Ref. „ 35% 24% 26% Pure Oil:. ... 18 % 18% 8. Oil of Cal. 61% 61 51% 61% S. Oil of N. J. 32% 32% 82% Sinclair ... 23 % 23 % 13 % 24 Texas Cos 42% 42% 42% Industrials— Allied Chem.. 07 . . 06% 67 Amer. Can.. 88% 87% 88% 89% Am. Woolen. 84% ... 84% 84 Coca' C01a... 77 % .... 77 % Cont. Can. .45% 45 45% Fam. Players 71% 70% 71 % 72% Gen Asphalt 27% .... 20% 27 Av Mont. A Ward 20% . 20% 20% Sears-Roe 71 70% 71 71% tr. S. In. Aieo 47% .... 46% 47% Am. T. AT. 122% .. . . 122 Vi 122% Consol. Gas. 59% 59% 59 Vi 60% Columbia G.. 32% 32% 32% Shipping— Am In. Cor 19% ~,, 19% 19% In. M. M. pfd 23% 23 Foods— Am. Sugar... 02% .... 62% 62 Am. B. Sr... 31% 31% 30% Com Prod... 120 118% 119% 120% C. C. Sg p.. 42% 41% 42% 41% C.-A Sugar.. 27 26% 27 20 4? Punta Alegre 50% 49% 50% 49% Tobaccos— A. Tob. Cos. 144% 144 Vi 144 Tob. Prod 80% 80% 80%
IRREGULAR MOVEMENTS _ MARK CURB’S COURSE Offerings Are light, but Enough to Cause Recessions. By United Financial NEW YORK, July 16.—Irregular movements marked the course of the curb market today with a tapering off from the improved sentiment manifested last week, though substantial losses were few. Prairie Oil and Gas, in the oils, fell to 178, this being six points under the previous close. Standard Oil of Nebraska, which has not sold since the w-eek of June 23, opened at 212 against 220 but picked up to 215. Offerings in the main were light, butthey were plentiful enough to make prices generally yield moderately. Cities Service showed a loss of 1% while Arkansas Natural Gas hit 7V*. which was 2 points above last week’s low. Standard of Indiana showed resistance and Maracaibo picked up Vi a point to 22. In the later trading Reading Coal Rights, a new-comer, Jumped nearly 3 points from lts low to 17%. Reo Motors duplicated Saturday’s new top of 17% but reacted to 16%. Gillette at 245 was off 3V£. Glen Alden lm proved fractionally, as did Goodyear. Business News NEW YORK July 16.—TReplies to a questionnaire gent out by the National AssociaUon of Real Egtate Boards, comprising 225 boards throughout the United States and Canada, indicate general optimism. This is accompanied by a tremendous amount of activity in sales. Taking average of ten leading cities, it was found that 60 per cent more real estate is being transferred than in the average year previous to 1917. NEW YORK—Combined sales of the four leading so-called 5 and 10-cent etore systems—F. W. Woolworth. S. S. Kresge. S. H. Kress and McCrory Stores —for June were 825.784.025. This is the highest monthly figure ever reported, with the exception oi last March, when the Easter shopping Reason swelled the total to the unprecedented figure of $27,158,444. NEW YORK—There are rumors In South American banking circles that this week's csbies may tell of the collapse of one of the important commercial houses In Columbia. Report that the Arm is In difficulty was received here about the middle of the week, and suspension of payments has been momentarily expected. Company in question does a large foreign trade, especially in coffee.
Marriage Licenses Jam*?* Kuher, 29. 061 E. Twenty-Fourth St.: Fannie McCullough. 26, 2431 Kenwood Art. John TV. Kemp. 55. 1444 Roosevelt Ave.: Jennie Smith. 27. 432 W. Michigan St. Earl Faulk. 27. 1130 W. New York St.: Leona Varvel, 21, 1205 W. New York St. Robert B. Runyan 21. 3248 Kenwood Ave.: Jennie L. Wood, 19 126 W TwentySecond St. John O. Aldridge. 20. 39 Frank St.: Edythe Peters. 20, 030 8. Alabama 9t. Jesse Alexander. 23. 900 Charles St.; Joeie Houchens, 21, 900 Charles St. John V Allen. 31, 1412 Hoyt Ave.: Naomi Lentz. 29, 1632 Perkins St. Earnest Wilson. 88. 2513 James St.; Geneva Chafln, 37. 970 W. Maryland St. Ulysses Williams 31. 934 Fayette St.: Naomt West, 23. 934 Fayette St. Ernest E. Walker. 27. 937 Ewing St.: Dorothy Moore. 18. 1525 E Southern Ave. Herbert E. Cruch, 22. 1230 S. Harding St.: Hallio Brockman, 20, 1601 Southern Ave Charles Hears. 68. New Richmond: Vina Corwin. 61 .'BOO S. New Jersey 3t. Ralph L. Charles. 29. 814 E. New York St.: Anna A. Adkins. 23, 700 Beecher St. Marshall T Harrington. 34. 627 S. New Jersey St.; Vivian B. Newburg, 30. 2744 Beliefontaine St. Elvin G. Sherrill. 34. Chicago; Martha J. Van Atta. 27. 4710 Broadway Adalat C. Moore. 27. 3142 Central Ave.: Mildred Menefee, 24. 3613 E. Tenth St. John F. Bowne. 24. 40 Eastern Ave.; Thelma Rodgers. 19. 41 N. Oxford St. Ralph Anderson. 34, 1806 Miller St.: MargAret Young. 21, 30 N. Chester Ave. Brooks E. Thomas. 21. 128 8. Senate Ave.; Ollie Shanklln. 18. rear of 2230 Broadway. Rollo Harker. Jr.. 22. 1220 N. Illinois St.; Vella M. Roush, 22. 101 N. Gladstone Ave. In the Cotton Market By United Financial NEW YORK, July 16.—The cotton market opened lower. July. 27.00 c. off 23 points: Ocotber, 23.90 c. off 27 points: De-i oembor. 23.40 c. off 28 points: January, | 23.14 c. off 29 points. f SECOND TRIAL OPENS IN | S2OO PICKPOCKET CASE Man Accused by H. H. Woodsmall in Court Again. John Webber, charged with picking the pocket of H. H. Woodsmall, prea'dent of H. H. Woodsmall & Cos., Inc., of about S2OO, at the Union Station May 17, was placed on trial for the second time in Criminal Court today. An indictment charged him with grand larceny. Frank S. Roby sat as special judge. Woodsmall was on his way to attend the Kentucky Derby at Louis ville, when his pocket was picked. As he stepped from he rain at Louisville, when his pocket was picked. As he stepped from the train at Louisville, he saw Webber and identified him as the pickpocket The first trial resulted in a hung Jury. Clothing Store Robbed Adolph Marer, who owns a secondhand clothing store at 629 E. Washington St., today reported to police that his store had been entered through a transom, desk (Uwers ransacked and clothing valued at S9O
THE' INDIANAPOLIS TIMES
HOGS ADVANCE ON LIGHTJECEIPTS Top of $7,90 Is Established by Shippers—Cattle Weak, Hog Prices Day by Day July 250-300 lbs 200-225 lbs. 150-180 lbs. 10. 7.40® 7.45 7.45® 7.50 7.50® 705 11. 7.55 _ 7.00 - 7.65 12. 7.85 • 7.000 7.95 8.00 13. 7.50® 7.65 7.05® 7.76 7.80® 7.85 14. 7.00® 7.25 7.25@ 7.65 7.75® 7.80 16. 7.35® 7.50 7.60® 7.00 7.85® 7.90 Lighter offerings of hogs caused prices to advance generally 10 to 15 cents over the high time of Saturday and from 6 to 25 cents over Saturday’s lowest prices in trading at the local live-stock exchange today. I ight hogs showed the lea.-J tain. B.;’iing generally from a nickel 7o a dime higher than on Saturday, tut mixed hogs that sold SaTftirday a, ound 17.50 sold at $7.75, while heavy h -gs that sold Saturday around $7.15 and $7.20, brought $7.35 and $7.-10. 'Che top for selected lights established at $7.90 was paid by shippers. Heavy weights moved very slowly, an hour having passed before bids were made on this class of stock. The bulk of the day’s receipts of 8,600, Inclusive of 3,723 holdovers, sold between $7.00 and $7.80. Pigs were generally steady at $7.50 down and roughs sold steady at $6.75 down. A loss of 25 to 50 cents on most classes of etotsk was noticeable in the cattle market. Heavy rece : pts of 1,600 accounted for part of the loss, while quality accounted for the remainder. No strictly choice stock was ofTered for sale, most having been grass-fed cattle. Steers sold down trpm sll and heifers from $lO. ' The calf market was quotably steady to 50 cents lower, fewer calves having brought the top of sl2 than on Saturday, while the bulk moved from sll to $11.50. Receipts, 600. Sheep and lambs sold steady in a rather dull market. Choice Jambs continued to bring sl4 down and sheep $6 down. Receipts, 300.
—Hogs—--150 to 200 lbs $ 7.85® 7 90 Medium .1 760® 7.80 Heavy .. . 7.35® 7.50 Top 7,00 g 1" 7 00® 7.50 Packing sows ... . 8 00® 0.75 —CattleFew choice steers $lO 00® 11 00 Prime corn fed steers. 1 000 to 1.300 lbs 9.00® 9.50 Good to choice steers. 1,000 to 1 100 lbs 8.60 0 9.00 Good to choice steers. 1,000 to 1.200 lbs 7.50® 8.00 Good to choice steers, 1,000 to 1,700 lbs 7 50® 8.00 Common to medium steers. 800 to 1.000 Ibg 7.25® 7,50 —Cows and Hellers— Choice light heifcrg $ 8.50010 00 GooUklight heifers 7.002 8 75 Medium heifers 6 00® 7.26 Common heifers 500 M 000 Fair cows —..,. 4.00® 6.00 Cutters 2.75® 3 25 Canners 2.25® 2.50 —Bulls— Fancy butcher bulls 9 5 50® 0.00 Good to choice butcher bulls. 5 00® 550 Bologna bulls 3.75® 4.50 —Calves— Choice veals ...\ $11.50® 12 00 Good veals 10 00 011.00 Medium veals 8.000 9.00 Lightweight veals 7.50® 800 Heavyweight veals 7.00® 7.60 Common heavies ... o,oo® 7.00 Top 12 00 —Sheep and Lambs— Cuhe $ 2.25® 3.25 Good to choice ewes 3.00® 600 Few choice lambs 13.00014 00 Heavy lambs . 11 00® 18 00 Cull lambs 8.00 @IO.OO Other LivestocK By United Financial CHICAGO, July 10. Hogs—Reoeipta. 57.000; market 10c to 20c higher: top. $7 75: bulk. $6.50®7.60: heavyweight, $0.50® 7.65 medium, $07507.75: light, 56.6007.75: light lights. $6 600 7.00: heavy packing, smooth. 85 9000 40: pucking sows, rough. $5.75 @6: killing pigs. $0.60@7 15. Cattle Receipt*. 27,000: market most killing classes slow, unevenly weak to 25c lower; killing quality, medium to good; part load matured steers $11.26. some held higher; canners, cutters, bulls and choice fat cows, steady to weak, bidding 50c lower on veal calves; stockers scarce, steady Sheep—Receipts. 20,000. market generally steady; early top western lambs, $14.90; bulk good native* sl4® 14.25; culls. mostly $8.50: California dipped lambs, $13.75: bulk medium and handyweight ewes, ss® 6.60: heavies, generally $4 CLEVELAND, July 16.—Hogs—Receipts. 3,o00; market, 25c higher; yorkers. $8.25: mixed. $8 25: medium. $8.25. pigs. 87.60: Loiighs, $5.50: stags, $4. Cattle—Receipts, 1 -00: market, slow; good to choice bulls. S7O 8.50: good to choice steers. $9 50® $10.25; good to choice heifers. $7®850; good t- choice cows. ss®6; fair to good cows, j3@s; comrao ncows. $2 @3; milkers. $35 0 75. Sheep and lambs—Receipts, 800; market, steady; top. sls. Calves—Receipts, 1.100; market, slow; top. sl3. EAST ST. LOUIS. July 10.—CatUe—Receipts, 6,000; market lower: cows, ss®o; canners and cutters, $2.2503.50; calves, $lO 26010 50. Hogs—Receipts, 14,000: market active. 15c to 20c higher; heavy. $7.20® 7.05: medium. [email protected]: lights. $7.40® 7.85: light lights. $6.0007 85: packing sows. $57500.10; pigs, $0 85® 7.65; bulk, $7.05 0 7.80. Sheep— Receipts. 4.000; market slow; ewes, $300: canners and cutters. sl@3 wool lambs. $12.26014. PITTSBURGH. July 16.—Cattle—Receipts. 50 loads; market slow; choice, $10.50 @11; good. $9.60® 10.26: fair, S7O 8.60: veal calves. $12013.10. Sheep-and lambs —Receipts. 11 double-decks; market slow; prime wethers. $7.2507.60; good, $0 50@7; fair mixed. ss<fi 0: lambs. SBWI4. Hogs— Receipts, 40 double-docks; market higher: prime heavy, [email protected]: mediums $8.26 @8.35; heavy Yorkers, $8.25 0 8.35: light Yorkers, $8.2508 35; pigs, $7.5007.75; roughs, $5 0 5.76: stags, $3. EAST BUFFALO. July 16.—Cattle—Receipts, 2.400: market, active to 10® 25c higher; shipping steers. slo@ll3se: butcher grades. [email protected]; heifers, $6,500
MONON ROUTE
CHICAGO, INDIANAPOLIS & LOUISVILLE RY. Excursion to Michigan City The Coney Island of the West 52.75 Round Trip Sunday, July 22 RETURN SAME DAY Leaves Indianapolis 7:45 a. m. Arrives Michigan City ... 12:30 noon Return Train leaves Michigan City 5:30 p. m. Enjoy the Cool Breezes of Lake Michigan For further information consult Ticket Agent City Ticket Office Union Station "Phone Circle 4600 Phone Main 4567 Boulevard Station Phone Washington 0820 (lftA)
DRAWING ‘COLOR LINEISJJPHELD Muncie Judge Endorses Ejection of Negro, By United Press MUNCIE. Ind., June 16.—The right of public parks of Indiana to segregate negroes and whites was upheld in Circuit Court today by Judge Clarence Dearth, deciding the suit brought by Henry Alexander, negro attorney, who asked damages for being ordered to leave the “white section’’ of McCullough Park. The plaintiff charged that under the civil bill of rights, the color line could not be drawn. Judge Dearth, in his decision, declared that segregation in parks, hotels and places of amusement was permitted so long as such places provided accommodationo for negroes equal to those offered whites. Alexander will appeal the case to the Supreme Court. COLLINS UPHOLDS STATEBOOZE LAW Judge Rules Possession of Still Is Felony, Constitutionality of the State law making possession of a still for making intoxicating liquor a felony was upheld by Judge James A. Collins in Criminal Court today. The ruling was made on motions to quash indictments against nine defendants. Briefs accompanying * the motions attacked the constitutionality of the law. Asa result, the following defendants must face trial: Charles Freiji, Herman Schild, Abrham K&ni, Joe Barton, Miles J. Coble. Harland Crouch. Frederick Lacey, Harry Mobley and John Stone.
Births Boy* Frank sod Helen Smith. 75 Layman Georgs and Stalls Allansrm. 338 E. Morris. Raymond and Mlnnts Hurley. 1028 N. Sterling Alva and Katherine Patton. 2915 Chester. Joseph and Mildred Hoenrer 3228 W. Pratt. Clauds and Roosevelt Ogden. 502 S. Drover. Virgil and Cel ostia Dennison, 1218 Deloss. Richard and Lula Sansbury. 722 Maxwell. Edward and Evangeline Mason. 23120 N. Balum ore. Herbert and Clone Wright, 208 E Twen-ty-Fourth. Albert and Marie A ruse. 817 Church Emeat and Beulah Randolph. 839 Athon. Oirls Elmer and Effie Hitchcock. 832 E. SixtyThird, Robert and Qo.dle Terhune, 2828 N Olney Jamea and Coral Down. Methodist Hospital. Oecar and Juanita Mara. 3009 E. Waahtngton. Joe and Roberta Mitchell. 2529 N Baltimore. William and Busts Thompson. 451 Sahm. Fred and Luty Bt. Clair, 1182 W. TwentyNinth. Joe and Amelia Goie. 8015 W. Tenth. Deaths Eugene Linting. 22. 3039 Bellefontalna. chronic myocarditis Nancy Elizabeth Wright. 2Q. 310 McLain PI., chronic tuberculoals. Louisa A Meride, 76. 912 Elm. acute dilatation of heart. Infant Hartty. ——. St Vincent's Hospital. atelectasis. John T. Duffy. 02. 1928 Central, oardnomt. Elizabeth G. McFarland 63. St Vincent's Hospital cerebral hemorrhage. Alla Foltz, 68. 1732 Shelton, cerebral apoplexy. Altha M William*. 55. 951 N. Sherman Dr cerebral hemorrhage Carl A. Davis, 32, 2014 Bluff, chronic tuberculosis Robert W. Williams, 2 months. 2409 Burford ontero colitis. Chester B. Moore. 41, Deaconee Hospital, meningitis. Katherine Taylor. 2. 525 Spring, cholera inf in turn Salesman Is Arrested Hudson Jones, 25, salesman. 3360 N. Meridian St., today was slated today at city prison on a charge of being a fugitive from Justice. Jones was arrested on Information he is wanted at Bloomington, Ind., on charges of disposing of mortgaged property. Fight Tickets Stolen. Sergt. Harlle Q. Sylvester, 408 Federal Bldg., told police that he placed a box of tickets for a boxing exhibition, valued at SB, on a water barrel at Market and Pennsylvania Sts., and walked away about fifty feet. When he returned they were gone. 8.50; cows. $2.60 @7; bulls. $3.60@8: feeders, ss® 7.60; milch cows and springers. s3o® 110. Calves—Receipts. 2.500 market, slow $1 lower: cull to choice, $4 @l2. Sheep and lambs—Receipts, 3.000; market, slow and lower: choice lambs. sl4 015: cull to choice, s9® 13.50: yearlings, s7® 12: sheep. [email protected]. Hogs—Receipt#, 13.500: •market, active to 10® 15c higher; yorkers. $7.75 (fit 8.25 pigs. $7.75: mixed. $8.16® 8.25: heavies, $7.90@8; roughs. $3®6.76; stags, $4.50® 5.
BLESSING QUITS IN WATER CASE (Continued From Page 1) fore the commission in which the people generally are interested, whether the conclusions held by the public are reached through careful investigation or rest upon prejudices without real foundation of fact,” he continued.” Calls Talk Unfair In explaining his withdrawal he said: “I do this not only because of the unfair and unreasonable agitation but also because it might work out to the adverse Interests of those who are entitled to Justice based upon a careful and pains-taking investigation of all the facts pertinent to the Issues involved.” In his letter to Blessing McCray sf-Jd: “I commend your broad-minded vision and your unselfish Judgment and fully approve the course you have taken. I wish to take this opportunity to express my highest regard for your ability, your judgment and your integrity, and to assure you I am confident that these attributes of character, together with your keen appreciation of the responsibilities of your position, would not permit you to go astray. However, I think you have done the sensible thing under all the circumstances, and I therefore admire you for it.” Replies to Mayor The Governor wrote a letter to Mayor Shank acknowledging the communication demanding the removal of Blessing and saying “the natural course of events has made answer to your appeal.” In a letter to J. Stephen Fulleln, a leader in the Enterprise Civic League, who filed a petition as a consumer and a taxpayer, asking a hearing on Blessing's removal, the Governor said: “It is n<k customary to hold hearings in matters of this kind, and I do not desire to make an exception to the usual custom in this cose. It is clearly a matter of executive Jurisdiction and will be handled accordingly.” City’s Costs Raised The proposed schedule of Increased water rates filed by the water company Saturday wilt impose additional costs of between SIOO,OOO and $125,000 annually on the city government and the additional cost for Industrial and domestic consumers win be in excess of $250,000 a year, according to city representatives. It will mean increases of 25 per cent and within a year of probably 30 per cent, officials said. The main issue of the case Is whether the $16,455,000 valuation, as a basis for new financing, fixed by the commission last winter, shall be the ratemaking valuation. The city contends the rate basis should be from $4,600,•000 to $6,000,000 lower. Groninger Ready for Fight Taylor E. Groninger. corporation counsel, said the city's defense against the petition is practically complete. Mayor Shank is out of the city. "J think we have done all there is to do until there are new developments," he said before he left. The mayor said that petitions being circulated throughout the city against the rate increase would be presented to the commission Saturday. More than 6,000 blanks have been distributed. It is the mayor’s plan to place these in a truck with a band, parade the downtown streets, and later deliver them to the commission. The -water company today gave to Corporation Counsel Taylor E. Groninger additional Information in answer to his questions, asked through I the public service commission. The supplemental answers give costs of seme improvements not contained In the first answers. Dust to Be Eliminated Bu Times (Special HAMMOND, Ind., July 16—Because citzens of East Chicago and Indiana Harbor complained they couldn't raise grass on their lawns for the cement dust from t he Universal cement plant at Buffington, the company is installing anew dust precipitation collection system. Cost will be $500,000. The system will aiso elimlnafe gases and coal dust.
\ The New England Seashore For Joyous Water Sports Yachting at its sportiest Motor-boating at its best Great bathing. * Good fishing. Greatly Reduced Famous hotels at the big resorts Round-Trip Fam to offering all luxuries and gaieties. Sommer Tourist Points , Attractive accommodations in the pJZi, |itoe historic towns and vflia g es - Kerm* bunk port, A4>ne Camp sites all along the coast from pol*os * . , Gloucester, Mass. *59.16 Connecticut tO Maine. Marblehead, Maas. J 138.21 Provmcetown, Mass. Thro ugh trains to Boston via (Cape Cod) 564.91 New York Central Lines Tickets os sale from M* T is o Sepc 30 For complete information as to /area, routes, Pullman charge*, etc., inquire at City Corresponding fare* to Ticket Office, 112 Monument Circle, or ottmrpoint* Union Station, or J. W. Gardner, Dhr. Paaa. Agt., 112 Monument Circle.
DOZEN HURT IN RIOT FOLLOWING HOLD-UP Chicago Police Quell Outbreak Between Taxi Drivers and Bandits. By United Press CHICAGO, Jul* 16.—A riot of 500 persons resulting‘from a hold-up was quelled by police in Rogers Park late Sunday after a half-dozen persons had been knocked unconscious. The trouble began when three bandits attempted to force a taxi driver to help them escape after a hold-up. Other taxis overtook the fleeting car and the fight between drivers and handits were joined by Rogers Park citizens. SMOKEORDINANGE ON FINAL READING C. of C, Sub-Committee Takes Up Law, The Chamber of subcommittee of the legal Affairs department met at the chamber today for final reading of the proposed smoke abatement ordinance before presenting it to the legal affairs department. Members of the committee are Russell T. Mac Fall, Mrs. Franklin Edward White and Frank J. Noll. Following acceptance by the legal affairs department, the ordinance will beconsidered by the Chamber of Commerce smoke abatement committee, after which it will be presented to the board of directors before presentation to the city council. Edward O. Snethen, chairman of the chamber’s smoke abatement committee, said copies of the ordinance will be sent to all civic clubs. A mass meeting to present the ordinance to the public will be held as soon as iossible, he said.
FRANCE TO HEAR OF FETE Nicolas to Report on Bastille Day * Celebration by Legion Post. Jean H. Nicolas, president of Le Cercle Francaise, today announced he would report the celebration Saturday of the national French holiday, Bastille Day, by the Irvington Post. American Legion, at Jameson Park, to the French consul In Chicago. He also said that he would see that the French people knew of the celebration. The post's three-day French fete ended Saturday night with addresses by Judge Arthur R. Robinson and Nioolas. Nicolas urged that the American people have faith In the French action in the Ruhr. Police Look For Trunk Thomas Venerale, 2702 Boulevard PI., told the police today he had employed his Ice man to take a trunk valued at $25 to the terminal station. He said the man took the trunk, hut not to the station. Pickpockets Get sll W. B. Croasman, 1144 N. Emerson Ave., reported to Patrolman Bruce at the French fete in Jameson Park that his pocket was picked of a purse containing sll. “House of David of David take* to flowing beard*. And you'll agree the honor* in rendering it on a Columbia Record. Southern selection on the
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AMUSEMENT 9
Mate#.. Mil DAT Evening Wed., Thu. |f| yft | 500 Beat* and Sat at 500. The First Indianapolis Showing of THE STUART WALKER COMPANY First Time Tonight In “SPITE CORNER” A comedy with *Miss Patty,” Bnth Hammond, Donald MacDonald, and others. f
ENGLISH’S “ T* 1 ■' ' ~ a ALL WEEK GRAND PLAYERS She Walks in Her Sleep” dATINEES WED., SATURDAY and SUNDAY, 25e, 350, 50c. Each Night, :sc. 50c, 75c. Mats., 2,15. Night*, 8,15
1:00 to 11:00 p. m. BLOSSOM HEATH ENTERTAINERS Music, Mirth, Merriment Jess Francine WILLIAM BLOCK & DO R NFI ELD i Late of ElB| i r ? Janls and BEN BEYER Her Gang In "A Cycle of “Trlx and Mirth” Chatter” CABMEN MARIKA DAWSON SISTERS Assisted by Jean Jackson in "Go Into Yonr Danoo” PHOTO PLAY H: “MINNIE”
I WHERE THE Ll mu CROWDS 60 CHAS. HOWARD & CO. “HOW THINGS HAVE CHANCED” HOPE VERNON INTERNATIONAL SONG ARTIST HOWARD & JENKINS HARVARD, HOLT & KENDRICK LAWSON & VIOLET RENO SISTERS & ALLEN NOVELLE BROTHERS JANSLEY TROUPE World’s Greatest Rlsley Experts Dancing In the Lyrlo Ballroom Afternoon and Evening
MOTION PICTURES
RIALTO SHOWING 9. W. GRIFFITH’S AMERICAN INSTITUTION THE BIRTH OF A NATION
APftllO ill IrLllAr Waiting For “ARE YOU A FAILURE” Reginald Denny ‘Round 4’ Third Leather Pushers Series VIRGIL MOORE’S APOLLO ORCHEBTRA
■msmETHEL CLAYTON IN “The REMITTANCE WOMAN*’ BEN TURPIN IN MACK SENXETT COMEDY “Where’s My Wondering Boy This Evening” INTERNATIONAL NEWS BCHUYLER ALWARD AND HIS OHIO ORCHESTRA *"*na**aaaa*ae*B thTatßT 5 ’ Fantaatlo Film Farce “THE BRASS BOTTLE” Made for Laughing- Purposes Only! With Harry Myers and Splendid Cast OVERTURE “THE BARBER OF BEVILLE" BY ROSSINI MODEBT ALTSCHULER Musical Director A MERMAID COMEDY • “BACKFIRE” DESSA BYRD Playing “Pal of My Heart” on tho Grande Organ NOVELTY j NEWS OF
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