Indianapolis Times, Volume 35, Number 75, Indianapolis, Marion County, 8 August 1923 — Page 11

WEDNESDAY, AUG. 8, 1923

GENERAL LIST IS FIRM IN FACE OF LAGGARDTRADING Exchange Recesses in Observance of Harding Funeral. The WALL STREET JOURNAL NEW YORK, Aug. B.—lnterest In the stock market was curtailed in the early dealings today by the prospect of a ninety-minute suspension of business in the middle of the session in observance of the funeral services for President Harding in Washington. Despite limited trading, however, the general list displayed a confident tone with Studebaker, Baldwin and other industrial leaders reaching new highs on the current recovery. Explanation of recent strength in Erie issues was found in Vice President Powell’s opti mistic review of business conditions First Hour Trading proceeded in a perfunctory fashion up to the time the exchange took its recess at 11:00 o’clock till 12:30 in observance of funeral services for President Harding. Rails continued to display a steady tone under Readership of Union Pacific which jEouched anew high on the move, but Fthe industrials remained largely unchanged. Some special Issues, such as Central Leather and Allied Chemical, however, dropped to new lows, while the upswing in Mack Truck was not checked by the hesitancy of the general list. Second Hour Quiet reigned on the floor of the exchange throughout the second hour as traders, operators, brokers and financiers dedicated the hour to reverence of the memory of the late . President, for whom funeral services were being conducted at this hour In Washington. Tickers were stilled and operations were totally suspended by other exchanges as well, as the precedent established by the Stock Exchange Was followed by the other leading exchanges. Noon Hour It proved difficult to arouse interest In transactions on the Stock Exchange when the normal routine was resumed at 12:30. The bears found another excuse for selling Allied Chemical in the loss of the company's suit to stop the Steel and Tube merger. Asa consequence of this transaction Allied Chemical will receive sls a share for its Steel and Tube common, which cost in the neighborhood of S4O a share. But the general list absorbed the offerings. Fourth Hour Transactions were without their usual zest, following suspension of activities in memory of President Harding. Consequently transactions without their usual significance as an aid to economic thought. Despite the strength of the morning, the market had to register Its verdict with regard to Chancellor Cuno’s statement that Germany considers it impossible ter-negotiate with France under present circumstances. Closing Hour Weakness in French francs stressed the new Franco-German impasse and further selling came ir|to the market in the last hour. Steel yielded more than a point of its recovery and similar recessions took place throughout the list. Famous-Players showed special weakness, droping to 69% against Tuesday’s high at 74% on reports that the company contemplated financing. Call money wa -newed at 4% per cent. Twenty active industrial stocks on Tuesday averaged 89.55, up 1.04 per cent. Twenty active rails averaged 78.36, up .34 per cent. Local Bank Clearings Indianapolis bank clearing* Wednesday were 53.590,000: bank debits were $5,305000. New York Money Market By United Financial NEW YORK Aug. B.—Time money quiet. Loans at 5 % per cent. Renewals at 5 % per cent. Commercial paper, prime names S per cent, other names 5% per cent. Bulk business at 5*4 per cent. Foreign Exchange By United Financial NEW YORK Aug. B.—Foreign exchange steady. S*erling. demand, 54.56 '4: Rabies. $4.56*!.. Francs, demand. 5.72 %e: Babies, 572 %o. .Lire. demand. 430% C: “cable# 4.31 c. Belgian, demand. 4.49 He: cables. 4.50 c. Marks 5.000 000 to dollar. Czecho. demand. 2.02 c: cables. 2.92%c. Swiss, demand. 18.08 c: cables, 18.10 c. Guilders, demand. 39.39 c cables. 39.42 c. Pesetas, demand. 13_96c: cables. 13.98 c. Sweden, demand 28.54 c: cables, 26.58 c. Norway demand. 16.13 c; cables, 16.17 c. Denmark, demand. 18.26 c: cables. 18.30 c.

Produce Markets

INDIANAPOLIS. Aug. B—Fresh ergs, 23c: packing- stock butter. 26c: springs. I V 4 to 2 lbs., 28c: fowls, straight. 21c: fowls, under 4 lbs.. 18c: leghorns. 23 per cent discount: cocks. 10c; young tom turks, 28c: young hen turks. 25c: ducks, 5 lbs.. 12c: spring ducks, 21c: geese. 10 lbs. up. 10c: squabs. 11 lbs. to doz.. $4.50. Indianapolis creameries are paying 37c a lb. for butter. CLEVELAND, Aug. B.—Butter—Extra, in tuba. 46@48c: prints, 48@49c; firsts. 44® 46c: packing stock. 30® 32c. Eggs—Fresh gathered northern extras. 32He: Ohio firsts. 32 H @34 He: western firsts, new eases, 26 He. Poultry—Heavy fowls. 25® 26c; light fowls; 18® 20c: cocks, 17@18c: broilers. 35c; ducks, spring, 22c. Potatoes— Virginia cobblers. $5.50 a barrel; $4.25® 4.50 per 150 pounds. NEW YORK, Aug. B.—Flour—Dull and Unsettled. Pork—Quiet: mess. $24.50®25. Lard—Firmer; Middle West spot. sll.lo® 11.20. Sugar—Raw dull; centrifugal, 96 test. 6.15 c: defined dull: granulated, 7.90 ® Bc. Coffee—Rio No. 7 on spot. 11® 11 He: Santos. 13® 14c. Tallow—Firmer: special to extra. 6%@6%c; city. 6c. Dressed poultry—Firm; turkeys. 25® 42c: chickens. 24® 44c; fowls, 14® 30c: ducks. 25 c, Long Island. Live poultry—Steady: geese. 16c: ducks, 14@22c: fowls. 18 H 26c; turkeys, 20c; roosters, 16c: broilers, CB©33c. Cheese-—Steady; State whole milk, common to specials, 18®20Hc: State skims common to specials, 8® 17a Butter—Steady; receipts, 12.903: creamery .extra. 43 He; special market. 44 @44 He; State dairy tubs, 35®43c. Eggs—Firmer: Itfeceipts. 17.798: nearby -whites, fancy, 47 p®soc: nearby State whites, 28®48c: fresh r firsts to extras. 28® 36c: Pacific coast. 28 H @42c: western white, 28® 48c; nearby browns, 32® 44c. CHICAGO. Aug. B.—Butter—Receipts, 7.614; standards. 41 He: firsts, 38@39c; seconds, 36® 37c. Eggs—Receipts, li.681; ordinary firsts. 24®25c: firsts. 22®22He. Cheese —Twins, 21 % @2l He; Young Amer•tieas. 23H 624 c. Poultry—Receipts. 3 ears: fowls, 16@22Hc; ducks. 14@22c; geese. 18® 82c; springs. 2tc; turkeys. 20c; roosters. 14c: broilers, 26c. Potatoes—Receipts. 204 cars: Kansas and Missouri cobblers. sl-86 ; Kangas Early Ohlos, $1,75 Q

New York Stocks (By Thomson & McKinnon) —Aug. 8—

Railroads— Prer. High. Low. 1:45 close. Atchison .... 96% ... 96% 96% B & 0 48% 47% 47% 48% Can Pacific. . 69% ... 60% 60 CiNWRy 66% 64% 66% 64 C. R 4 P.. . 21% ... 21 21 Gt North pld 65 % ... 64 % 64 % Mo Pacific pd 28 27% 27% 27% N Y Central. 08 97% 98 98% Nor Pacific.. 68 57% 57% 67% P Marquette. 41% ... 41% 41% Pennsylvania. 43% ... 43 43 Reading 75 ... 74% 75 S Pacific 85% ... 85% 85% St. Paul pld. 27% ... 26% 26% U Pacific 128 127 127 127% Wabash pfd. 26 ... 26 26 Rubbers— Kelly Spr.... 32% 31% 31% 31 % U S Rubber. 39 ... 38% 39% Equipments— Am C & Fy.161% ... 160 160% Am Locomo.. 74 72% 73 73% Baldwin Loo. 114% 112% 113 113% Gen Elec 174% ... 174% 174 Lima Loco. . 62% ... 62 62% Westing E ... 58% 67% 67% 57 Steels— Bethlehem .. 48% ... 47% 48% Crucible ... 62 61 % 62 Gulf States.. 71% 70% 71% R. Iron & S. 44% * 44 44% U. 3. Steel.. 88% 87% 87% 88% Motors— Chandler M.. 49% 49 49% Gen. Motors. 14 .... 13% 14 Max. M. (A) 41 41 41 Mack Motor. 75% 74% 74% Studebaker .104% 103% 103% 104% Stewart-W.... 87% 85% 87 Timken 33% 37% 37% 37% Minings— Dome Mines .35 .... 35 .... Int. Nickel. 12% 12 12% 12%

HOGS SELL LOWER IN LOCAL TRADING Liberal Offerings and Lower Chicago Mart Responsible, Hog Prices Day by Day Aug. 250-300 lbs ‘.’oo-225 lbs 150-180 lbs. 2. 7.60® 7.90 8 00® 825 8.25® 840 3. 7.60® 8.00 B.lo® 8.30 8.35® 8.45 4 7.25® 7.60 7.65® 7.80 8.000 8.15 0 7.35® 7.75 7.76® 8.10 B.lo® 8.25 7. 7.40® 7.90 B.oo® 8.25 8.30® 8.50 8. 7.25® 7.75 7.80® 8.20 8.25® 840 ~, Due to liberal receipts and a lower Chicago market, hogs on the local livestock exchange at the opening today sold steady to 10 cents lower, shippers having pstid $8.40 for lights, as compared to $8.50 on Tuesday. The market weakened later, some hogs having shown declines ranging to 15 cents, at which point local packing interests began to buy their supplies. Lights sold between $8.25 and $8.40, mixed hogs sold from $7.80 to $8.20 and heavyweights down from $7.75, according to weight. The bulk of the day’s receipts of 11,500, inclusive of 555 holdovers, moved between $7.90 and $8.25. Sows and pigs registered declines of a quarter, sows selling down from $6.75 and pigs down from $7.50. The cattle market was quotably strong to 25 cents higher, due to a better demand for the good class of stock, though the common grades were no better than steady. A top of $11.50 was offered for strictly prime steers, but kione was of a quality to command the prices and $10.50 was offered for strictly choice heifers, but none of this class was offered for sale. Receipts, 1,000. The calf market was strong witn $11.50 prevailing as the top for choice veals. The bulk sold between $10.50 and sll. Receipts. 600. The sheep and lamb market was generally steady, lambs selling down from sll and sheep down from $6. A quarter was deducted for water in the wool. Receipts, 500. —Hop—--150 to 200 Ibe $ 8.25® 8.40 Medium 7 80® 8.20 Heavy 7.25® 775 Top 8.40 PIfTS 7.00® 7.50 Packing sows 6.00® 0.75 —Cattle— Few choice steers slo.oo® 11.50 Prime corn-fed steers. 1.000 to 1.300 lb* 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 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 lbs 7.25® 7.50 —Cows and Heifers— Choice light heifers $ 8.50 010 50 Good light heifers 7.00® 8 75 Medium heifers 6.00 0 7.25 Common heifers 5.00® 0.00 Fair cows 4.00® 5.00 Cutters 2.75® 3.25 fanners . 2.25® 2.50 —Bulls— Fancy butcher bulls $ 5.00® 6.00 Good to choice butcher bulls. 5 00® 6.50 Bologna bulls 3.750 4.50 Choice veals $10.50 @11.50 Good veals 9.00 @IO.OO Medium veals B.oo® 9.00 Lightweight veals 7.50® 8.00 Heavyweightt veals 7.00® 7.50 Common heavies 6 00 0 7.00 Top 11.50 —Sheep and Lambs— Culls $ 2.25® 3.25 Good to choice ewes 3.00® 6.00 Few choice lambs 10.00 @ll.OO Heavy lambs 9.00 @IO.OO Cull lambs 5.00® 7.50

Other Livestock Up United Financial CHICAGO. Aug. B.—Hogs—Receipts. 26.000; market. 10@15e lower; top. $8.10; bulk, [email protected]; heavyweight. $7-10® 7.65: medium. $7.20@8: light. s7@B: light lights, $6.75® 7.70: heavy packing sows. [email protected]: packing sows, rough. $5.60® 5.80; killing pigs. $6.25® 7.25. Cattle-—Re-ceipts, 10,000; market, beef steers, yearlings and she-stocks strong to 10c higher: in between grades,\ she-stocks. eanners and cutters steady: built eanners. [email protected]: calves steady to weak: packers paying sl2 @12.50: outsiders up to sl3; bulk stockers and feeders, strong to 10c higher; top matured steers, $12.25; best long yearlings sl2: numerous loads $10.50® 11.75. Sheep —Receipts. 15.000; active fat lambs, culls, steady to strong: feeding lambs strong to 10c higher; sheep steady: bulk good and choice western lambs, $12.50012.60: mostly native, $11.75 012: culls mostly $8.75® 9.50; choice light ewes. $7.50; choice 2 and 3-yesr-old wethers, $8.75; feeding lambs mostly $12.50@ 12.65. EAST BUFFALO. Aug. 8. Cattle" 1 Receipts, 500; market slow and steady; butcher grades, sß@9; cows. [email protected]. Calves —Receipts. 200; market fairly active, steady: culls to choice. $3 @12.60. Sheep and lambs—Receipts, 100; market fairly active, steady; choice lambs, [email protected]; culls to choice, $8 @11.60; yearlings, [email protected]; sheep, $3.10 @8.50. Hogs—Receipts, 4,000; Yorkers. $8.26 @8.90; pigs, $8.25; mixed. [email protected]; heavies. [email protected]; rough, $6 @6.25; stags, $4.60 @5. CLEVELAND. Aug. B.—Hogs—Receipts, 2.500; market. 15c higher: yorkers. $8.65® 8.75; mixed. $8.65: medium, $8.25; pigs. $7.75; roughs, $5.50: stags, $4. Cattle— Receipts. 500: market, steady, unchanged. Sheep and iapib*—Receipts. 600: market, steady: top, $12.50. Calves—Receipts. 500; market, steady; top, $13.50. PITTSBURGH, Aug. B.—Cattle—Receipts light; market steady: choice. $lO @10.76; good. [email protected]; fair. $6.75® 8; veal calves, sl2 @12.50. Sheep and lambs—Receipts light; market steady: prime wethers. [email protected]; good. [email protected]; fair mixed, $5 @5.75: lambs. $7 @l3. Hogs—Receipts. 12 double-decks; market lower; prime heavy, [email protected]: mediums. [email protected]: heavy Yorkers. [email protected]; light Yorkers, $8.50 @8.90; pigs. $8®8.25; roughs, [email protected]; stags. $3 50@4. _ CINCINNATI. Aug. B.—Cattle —Receipts. r>00: market, steady: shippers. $8.50® 10.25. Calves—Market, steady: extras. $9.50011. Hogs—Receipts. 2,800: market. steady to 15c higher: good or choice packers. $8.50 @8.65. Sheep—Receipts. 4.600; market, steady; extras. ss@6. Lambs -Market, slow to 60c lower: lair. m_xan<L.

_ 1:43 Frev. High. Lew. a. m. close. Coppers— Am. Smelt... 57% 56% 67 Anaconda ..40% 4040% Kennecott .. 34 % .... 33 % 34 Oils— Cal. Petrol.. 19 18% 18% 18% Cosden .... 32 % 32 32 32 % Martand Oil. 30% 29% 29% 29% P.-A Pete.. 61% 00% 60% 01% P-A P (B).. 59 58% 58% 58% Phillips Pete 21% 20% 21% 21 Pro * Ref.. 31% 31% 31% 31% 8- OU of Cal. 49% 49% 49% 48% S. Oil of NJ 33 32% 32% 32% Sinclair .... 22 % 22 22 22 % Texas Cos 42 % .... 41 % 42 Industrials— Allied Chem. 02 % .... 60 % 62 Amer Cah . . 80 % ... 88 % 89 H Am H & L pfd 32% 31 31% 33% Amer Wool. . 85 84 % 85 84 % Cent Leather. 10% 14% 14% 10% Cont Can . . 40 % 46 % 46 % 46 % Fam Players. 73% 73% 73% 72% Int Paper.... 32 % ... 32 % 31 % Int Harvester 74 ... 74 74 May Stores.. 76 75% 76 75 Mont Ward.. 19% ... 10% 19% Nat Enamel. 59% ... 69% 59 Sears-Roe ..74% 73% 74% 73% Utilities— Am T and T. 122% 122% 122% 122% North Amn.. 21% 21% 21% 21% Shipping— Am Int Corp. 18 16% 10% 19% Int M M pfd 21% 18% 19% 22 Foods— Corn Prod .121% 120% 121 121% Cu Cn Su pfd 37% 30% 30% 37% Cu-Am Sugar. 25% 25% 25% 26% Punta Alegre. 40% 46 40 48 Tobaccos—, Tob Prod 80% 80 80 * ...

WHEAT IS HIGHER IN LOADING Corn Meets Considerable Pressure on Rally, By United Financial CHICAGO, Aug. 8. —Grain prices closed irregular on the Chicago Board of Trade today. Trading became active after a dull opening following a thirty-minute recess at noon In memory of President Harding. Following several dips, wheat rallied late and headed toward the high mark of the day with a fair class of local buying, based on a more careful persusal of the government crop report. This statement showed lighter supplies than anticipated east of the Rockies, when the bulk of the export busines is handled. Pacific coast crops, however, were favorable and the approximate yield will probably offset the deficit existing in the Eastern States. Corn met considerable pressure on the rally, largely because of the bearish construction placed on the government report. Reports from Kansas, Oklahoma and Texas told of further rains where badly needed. Crop conditions in general were favorable. Oats were dull and rallied late with wheat. Demand was lacking. Provisions remained unchanged to lower throughout the entire day. Chicago Grain Table —Aug. 8— WHEAT— Prer. •Open. High. Low. Close, close. Sept. . .97% .98% .97% .98% .97% Dec .1.01% 1.01% 1.00% 1.01% 100% May 1.06% 1.06% 1.06% 1.00% 1.05% CORN— Sept . .76% .70% .75% .76% .76% Dec . .02% .63 .62% .82% .03 May 64% .04% .04% .64% .04% OATS— Sept . .35 .35% .34% .35% .35% Dec . .37% .37% .37 .37% .37% May 40.40 .39% 40 .39% LARD— Sept 10.72 10.75 10.70 10.72 10.72 Sept 8.15 8.20 8.15 B.U. 8.15 RYE — Sept. . .64 04% .63% .64 .63% Dec. . .67 .67% .66% .07 .66%

Cash Grain

INDIANAPOLIS .Aug. 27.—Total receipts for the day. 80 ears. 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 Trad'* were: Wheat—Through billed: Finn; No. 2 red. 89 H @ 00 H e. Corn—Firm; No. 2 white, 810 82c: No. 3 white. 80 H @Bl He: No. 2 yellow, 81@82c: No 3 yellow. 80H@81Hc: No. 2 mixed. 80®81c; No. 3 mixed, 79H<880He. Oats—Steady: No. 2 white. 35®36c: No. 3 white, 34® 35c. Hay—Firm: No 1 timothy. [email protected]: No. 2 itmothy, sl9® 19.50: No. 1 light clover mixed. $18018.50: No, 1 clover hay, $17.50@18; new hay. $101.60 under old. —lnspections Wheat—No. 1 red. 9 ears; No. 2 red, 30 cars: No. 3 red, 7 cars; No. 2 hard. 1 car; No. 3 hard. 1 ear; No. 6 northern spring. 1 car. Total. 49 cars. Corn—No. 1 white. 6 cars: No. 2 white. 2 cars; No. 4 white. 1 car: No 1 yellow. 3 cars: No. 1 mixed. 1 car Total. 13 cars. Oats—No. 1 white. 7 cars: No. 2 white. 6 cars; No. 3 white. 2 caa. Total, 15 cars. Rye—No. 1. 3 cars. Total. 3 cars. CHICAGO. Aug. B.—Wheat—No. 2 red. 98%@99c; No. 3. 97@08e; No. 2 hard, [email protected]. Corn—No 1 yellow. 87% @ 88He; No. 2. 87 % @BB %c; No. 3. 87% @B7%c: No. 4,86 He: No. 1 mixed. 87c; No. 3. 86 %c. Oats—No. 3 white. 34 H® 37c: No. 4. 35%38He: standard, 31H® 34c: No. 1 white. 87c: No. 2,87 c. Barley —SB @ 62c. Rye—6s HC. TRADING ON NEW YORK CURB PROVES IRREGULAR Only Spasmodic Interest Is Displayed by Traders By United Financial NEW YORK. Aug. B.—Mixed tradingocured In the curb market today and there was unsettled tone throughout the general list. No definite trend was in sight. A number of the Issues were improved but these gains were tempered by recssions lsewhere. Traders manifested but spasmodic interest. The oils were irregular in their movement and while Standard Oil of Ohio picked up 3 points to 283 and Ohio Oil 1% to 53, Vacuum dropped nearly two points from the previous close. Standard Oil of Indiana opened higher at 52% and then broke to the 52 level. Prairie Oil AGas at 181 and Prairie Pipe at 101 were each up 1 and Imperial of Canada at 97 was off 1. The Industrials were restricted in area and generally down. Ford Motor of Canada at 410 was oq 10 points from the previous quotation and National Supply droped 1% to 52*£. Peerless short interest again led the motors with a run-up to 39% as compared with a previous close of 37%. Local Wagon Wheat Local mill* are paytr, • 87c for new No. 2 red wtieat. Cloverseed Market governed- waa nunuw. *7 .■, ,

THE INDIAItAf-OLIS TIMES

Carrying President’s Casket at San Francisco

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PHOTO SHOWS BODY OF PRESIDENT HARDING BEING BORNE FROM THE HEARSE INTO THE STATION AT SAN FRANCISCO TO BOARD THE TRANSCONTINENTAL FUNERAL TRAIN. PRECEDING THE COFFIN ARE MILITARY AND NAVAL ATTACHES. PHOTOS WERE RLSHED FROM SAN FRANCISCO BY AIRPLANE.

FINAL TRIBUTE IS PAID DEAD CHIEF (Continued From Page I) plete silence reigned along the way of death. Only the cry of a young child was heard. Then the strains of “Nearer My God to Thee.” a favorite hymn of the dead President, were echoed back from the buildings lining the avenue as the dead black caisson, bearing the body of President Harding, rumbled by. The dead march passed, the old fa miliar hymns, the thoughts of their loved ones brought tears to eyes of watchers all along the avenue. Men and women dre\* their handkerchiefs and wiped their eyes without embarrassment. President Coolidge, as his automobile passed, was slumped over, his chin resting on his chest, as if sorrow for his dead chief and the great responsibility weighed heavily upon him. The procession was miles long. When the head of the column reached the Capitol at 11 a. m., the civic section of the parade was still forming in front of the White House and just getting away. Scluk>l Children Collapse Fifty school children of the thousands organized by the playgrounds to march to the district building and view the procession from there, collapsed from the heat as the pageant was passing. They were carried inside and given first aid. As the police escort at the head of the column moved through the Capitol grounds. General Pershing and his mounted aides swung to face the rotunda and came to attention. The massed Infantry bands proceeded beyond them, wheeled, faced north and made the south edge of a hollow square, formed on the east by General Pershing and aides, on the west by the capitol and on the south by the bands. In this square, the body of the president was received. The cavalry and artillery escorts moving at steady, solemn pace, colors draped, moved out the south entrance of the grounds. Minute Guns Boon) All during the progress of the procession, minute guns boomed at Ft. Myer. Va., across the Potomac from the Capitol. They could be faintly heard along the line of march. At one point, a school band massed at tle curb struck into “Nearer My God Thee” as the flagdraped caisson passed. Unconsciously, the crowd began to hum the strains, until the sound rose In the hot air like a moan. From the back streets, as the cortege passed, came the clang of ambulance baflls and the shrill rasp of sirens, as many persons overcome by the heat and crush were hurried to hospitals or rendered first aid in nearby homes. The sun beat down through the haze that cast a pall over the Capitol. The Infantry column preceding the caisson bearing the President wheeled on arriving before the rotunda and massed by companies in columns of platoons around the edge of the broad plaza to the left of General Pershing. The mounted officers took their places at the head of their columns. Bayonets were fixed, glittering in the sun. Flag Droops Listlessly The half-masted flag over the Capitol drooped listlessly in the still air. The battalion of marines, preceded by their famous band, formed in columns of companies behind General Pershing. The only sound aside from the shouted commands of the officers was that of the muffled drums. The caisson entered the capitol grounds and at 11:21 a. m. it was driven out on the broad plaza, where a little more than two years ago a dense crowd ’stood to see Mr. Harding Inaugurated Presi- , dent. To the muffled oeat of the drums the men of the Navy moved into tlje vast plaza, to the right and behind General Pershing. The Blue Jackets were uniformed In dazzling white with neckkerchiefs of black and khaki leggings,.

Raper Drill Team Feature of York Rite Picnic

Raper drill team will be one of the features of the York Rite plonlc which will bo held at Broad Ripple Park Saturday.. Because of a change in drill tactics, this drill will bo the List under the present United States Infantry drill regulations. Capt. George W. Thompson commands officers and men in picture, from left to right: Bottom Row' —Captain Thompson, captain: Brandt C. Downey, past commander: Edward Scoonover,

formed the infantry guard of the caisson bearing the President as it arrived. Then, w’hile the entire brigade presented arms, the caisson drew up before the steps to the rotunda. Casket Tenderly lifted Tenderly lifted from the caisson by its non commissioned officer guard of honor and pallbearers, ,the flag draped casket was borne up into the rotunda and out of sight to the strains of “Lead Kindly Light” Following the casket, the Cabinet filed into the dim recession of the space beneath the dome. As the sacred burden disappeared the motors of President Coolidge, Chief Justice Taft and Woodrow Wilson drew up before the rotunda. The President and the Chief Justice slowly mounted the stairs. Woodrow Wilson drove by the entrance without stopping, exchanging a salute with the officer on guard at the steps. Mrs. Harding Enters Rotunda Mrs. Harding, on arriving, did not mount the steps with the other mourners, but descended from her car on the arms of Secretary George Christian and Dr. Sawyer in the passage beneath the entrance steps and walked slowly into the rotunda from the crypt beneath The caisson, its burden discharged to the care of the nation’s mourners, moved off and beyond and into history. Their honors done to the dead, the military escort, amid hoarse commands, wheeled and moved to the south —infantry, : marines and blue jackets. In a trice, the great square which a moment before had been a packed vista of the glory of America’s fighters paying tribute to their dead, was nearly empty. A steady stream of motors drew up to the steps, discharging their cargoes of frock-coated, silk-hatted mourners and drove on to await the finish of the services. Great Alone Remain The line entering- had not been swallowed up by the rotunda before the military guard that lined the entrance moved. The great of the nation alone remained, mourning the dea>h of one of their number. Within the rotunda, in the pale light, from the lofty windows and with paintings of the nation’s founders looking down from the walls, the casket was placed on the catafalque and the mourners entered, while a quartet sang “Lead Kindly Light," the voices echoing back from the "eat dome

past commander and captain emeritus; Walter Handy, first lieutenant. Second Row —Edward Arden, Lloyd D. Claycombe, Earl Van Talge, Tyne Dickinson, Wallace Berry, Carl Schmidt, Clyde Titus. John Jenkins, Joseph Jackson, Walton Cloud, Oscar Ross. Third Row —Oscar Pond, Daniel Coats, Arno Slefker, Albert McLeod, Stanley Myers. Charles Rick ess, Ray Higgins, Granville Richey, William Barton, Charles New, Otto Klepper.

that her features could not be distinguished, entered and took her seat on the right of the casket. Beside her sat I*residential Secretary George Christian, who wept without restraint. Coolidge Pale and Drawn On the opposite side of the bier was President Coolidge, pale and drawn and beside him Mr. Taft. The diplomatic corps, with many bright, full dress uniforms contrasting with the more sombre garb of the majority, ranged around the walls. The invocation was delivered by Dr. Anderson. Then “Lead Kindly Light,” the late President's favorite hymn, was sung by the male quartette of Calvary Baptist Church. Scripture selections were read in the following order: The Twenty-Third Psalm. Book of Mic&h Book of Micah, chapter sixth, eighth verse: “He hath showed thee, O. man. what Is good; and what doth The Lord require of thee, but to do justly, but to love mercy and to walk humbly with Thy God.’ ’ (This is the verse Mr. Harding kissed when he was inaugurated President, as it was his favorite verse.) Revelations: Twenty-eecond chapter, first to fifth verses: “And He showed me a pure river of water of life, clear as crystal, proceeding out of the throne of God and of the lamb. “In the midst of the street of It, and on either side of the river was there the tree of life, which bare twelve manner of fruits, and yielded her fruit every month; and the leaves of the tree were for the healing of the nations. "And there shall be no more curse. But the throne of God and of the Lamb shall be in it; and His servants shall serve him. “And they shall see His face, and His name shall be in their foreheads. “And tlpare shall be no night there; and they need no oandle, neither light of the sun, for the Lord God giveth them light and they shall reign forever and ever.” Then followed quotations from the Scriptures. Dr. Montgomery prayed and ”Nearer My God to Thee” was sung by the male quartet. Then the services were closed by the benediction pronounced by Dr. Anderson. The quotations were from the Book of Numbers, sixth chapter,, 24th

Fourth Row—Osbert Sumner, Elmer Holl, Charles Ehlers, Harry Green. George Kleter, Paul Handy, Richard Alkema, Earl Nelson, William Kester, Edgar Davis and President John Given. Fifth Row —Henry Hack, Guy Newby, Edward Haas, Floyd Temple, Paul Maas, William Hack. George Kaehne, Othneil Hitch, Frank Bowers, Lee Young, Charles Apostle. Sixth Row—James Peake, David Smith, Charges Kuhn, George Lehnert, Fred Wheatley.

“The Lord make His face shine upon thee and be gracious unto thee; "The Lord lift up His countenance upon thee and give thee peace.” Shortly afterward, the people began trooping past to view the casket, guarded by four sentries, immovable as graven figures. At 6 p. m.. when a salute of twen-ty-one guns Is fired, the body will be taken from the rotunda and borne to the funeral train for the last trip home. Services Last Short Time. The services were over in a very few minutes and the chief mourners, with a last look at the casket, slowly left the rotunda while preparations were made to admit the vast crowd that stood impatiently outside in the broiling sun, waiting to pass by as the body lay in state. At 12:02 p. m. the President and

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Mrs. Coolidge descended the steps, entered their car and drove away by the south entrance of the grounds. At 12:03 Mrs. Harding, accompanied by Secretary Christian send Dr. Sawyer, left the rotunda by the Supreme Court door, descended by the court elevator and entered a closed motor car with the shades pulled down. Mr. Wilson arrived back at his S St. home at noon, while the services at the Capitol were still In progress. President Coolidge arrived back at his suite in the temporary White House at 12:10 p. m. Mrs. Harding arrived back at the White House at 12:17 p. m. She looked somewhat stronger than before she passed through the ordeal. Dr. Sawyer and Secretary Christian assisted her in the house. PHONE COMPANY GOESTO COURT (Continued From Page 1) today was supplemental to one filed last year, and was for all Indiana exchanges with the exception of Indianapolis. Permission to file the other two, one for Indianapolis and one for long disance tolls, must be obtained from a Federal judge. When the case filed last year was called for hearing it was agreed that the court take no action, pending an investigation by the commission. It was stlp%lated that the investigation be pushed by the commission. Estimates based on figures brought out in testimony before the public service commission indicate the rates proposed by the company would increase the annual revenues of the company $2,100,000. Increase Percentage Varies There would be no change in toll rates for distances up to thirty miles. The company asks an increase of 5 cents a message over that distance and an increase of 15 to 20 per cent in person-to-person messages. John W. McCardle, chairman of the commission, said the commission still is working on its order and that it probably’ will be several days before it is issued. Indications are that the company will not be granted an increase, or that if one is granted it will be very slight. It Is understood the commission will reduce the company’s estimated valuation by $10,000,000. “The city will be glad to do anything it can to cooperate with the commission in this case,” Taylor E. Groningen corporation counsel, said. “The city is not a party to the case, as it is directed entirely against the commission and the Governor.”

Grain Briefs

CHICAGO. Aur. B.—Eureopean wheat Deede will be smaller than last year, while exporting’ countries will have surpluaee larger than In 1922. Broomhall declared. The trade is well evened up and any change in the government crop report is not expected to be felt for some time. Wheat in the Northwest is badly damaged, while com is showing steady growth. Adi Ices from central grain states indicate ,i decrease in movements may be expected. in the near future, farmers showing an inclinaUon to hold back. A committee of board members has been appointed to study the recent recommendations of the Federal trade commiasion. There is enough wheat to go around, despite reduced crop estimates, leading traders declared. MANUFACTURERS GIVE EXPRESSION TO GRIEF President J. A. Shields of Association Makes Statement. J, A. Shields, president, made public this statement in behalf of directors of the Indiana Manufacturers’ Association: “The Indiana Manufacturers’ Association, n common with every law loving citizen and organization in the United States, is stunned in grief by the death of our great and good President, Warren G. Harding. We gloried in his rise to eminence and greatness, the highest in the gift of man. With proud acclaim we sang his praise as his kindly’ voloe bespake humanity’s highest hopes. Full well we know his concern for his fellow man was as pure and wide as a mother's love. "In his death we and humanity have suffered immeasurable loss. His ennobling life deeds remain with us not to be forgotten. Sos in the midst of our sorrow we bow in reverence to Him who has bid Warren G. Harding rise to greater glories than mortal man could bestow.” Pastor Re-elected ALEXANDRIA, Ind., Aug. B.—The Rev. H. H. Wagner has been re elected pastor of the Christian Church, with an Increase in salary.

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