Indianapolis Times, Volume 35, Number 82, Indianapolis, Marion County, 16 August 1923 — Page 11

THURSDAY, AUG. 16, 1923

FAVORABLE NEWS JNDUCES GAINS IN INDUSTRIAL STOCK Adverse Rumors Create Renewed Uneasiness in Oil Group—Rails Good, TRADE BROADENS OUT Sugars Improve When Raw Market Shows Better Tone —Specialties Scarce, The WALL STREET JOURNAL XEW YORK, Aug. 16.—N0 developments occurred over night to encourage the resumption of bear operations. Favorable foreign and domestic news offset further cuts in gasoline prices and another weekly increase in crude oil production. Industrials gained additional ground in the early dealings. . U. S. Rubber made anew high on the .movement at 39%. Union Pacific and Southwestern Pacific reached their .best prices on the current recovery. leading industrials opened up fractionally. First Hour Vigorous continuance of the improving tendency among the industrials took place in the first hour. Shorts who had put out additional lines in the first stages of the recovery showed signs of uneasiness and impetus was given the rally by considerable short coverings. Can went into new high ground on the move at 93%, Ice at 94% and Baldwin at 118%. Lima Locomotive advanced to 63%, up 1%. It is estimated Lima will earn close to S2O a share this year. Second Hour Adverse rumors regarding oil shares created renewed unsettlement in this group. But the general list remained strong in face of this irregularity. •Stories of a forthcoming split-up produced a spurt in Woolworth to anew high for the year at 247, up 6%. One of the reasons for strength of General Electric was tho optimistic statements of Chairman Young on his return from Europe. He asserted there Is more acfual work being done in Europe on electrification of railroads than in this country. Noon Hour v Trading broadened when substantial gains were scored by issues not preparticipating in the recovery. ..Sugars showed improvement as a result of a slightly better tone in the fiaw market. Cuba Cane preferred reached new high ground on the move at 38% and American Sugar at 68%. Specialties still evidenced scarcity of offerings, Sears Roebuck gaining over 5 points to 75% and Stewart-Wamer 2% to 89%. Can stocks reflected short coverings. Twenty active industrials overaged 90.23, up .63: twenty active rails averaged 78.74. up .43.

Local Bank Clearings Local bank clearings Thursday were 53.446.000: bank debits were 80,122.000. New York Money Market sty United Financial NEW YORK. Aug. 16.—Tune money eraiet: rate continued at oVi per cent. „. Bulk o 1 commercial paper business on per cent basis, although a little is done at 5 per cent. Foreign Exchange Bti United Financial NEW YORK. Aug. 16.—Foreign exchange Opened steady: Stirling, demand, $4.50 H: cable. *4 5614. F-nnqs. demand, 5.47Hc: cable, 3.480. Belgian, demand, 4.49 c: cable 4.60 c. Lire, demand. 4.20 c: cable, 4.26 Ho, Marks. 3.333,833. Czecho, demand. 9 92H0: cable. 292 He. Swiss, demand. 18.10 c: cable, 1812 c. Gilders, demand, 39.35 c: cable. 39.38 c. Pesetas, demand. 13.53 c; cable. 13.54 c. Sweden, demand, 26.66 c: cable, 26.70 c. Norway, demand, 1f1.620: cable, 16.66a Denmark, demand, 18.56 c; cable, 13 60c.

Dividends Today

NEW YORK. Aug. 16.—Gulf States Steel the regular quarterly 81 common Bulyidend payable Oct. 1. NEW YORK, Aug 16.—Texas Gull Sulphur declared regular quarterly dividend of 81.50, payable Sept. 15.

Produce Markets

NEW YORK. Aug. 16.—Butter —Firm: receipts. 14,565: creamery extra. 44c: special market. 44 4 @ 45c: State dairy, tubs. 35H @3O H a Eggs 27,399: nearby whites, fancy. 53 @ 54c: n&rby State whites, 32 <3 52c: fresh firsts to extras, 28H @37c; Pacific coast. 34@49Ha: Western white, 32 @ 52c: nearby browns, 38 @ 50c. CLEVELAND, Aug. 16.—Butter—Extra in tubs. 46 H Si4B He; prints, 48H@49H0: firsts. 44H@46H0: packing stock. 30H <3 32He. Eggs—Fresh gathered northern extras. 33He: Ohio firsts. 34<835He; western firsts, new cases. 27He. Poultry— Heavy fowls, 36® 26c: light fowls, 18 <8 2Dc: cocks, 15@16c: broilers. 30@33c: ducks, spring, 22c. Potatoes—Virginia ■Kibblers, [email protected]) a barrel: [email protected] peg- 150 lbs. ..NEW YORK. Aug 16.—Flour—Quiet and firm Pork—Quiet, mess. 824.50®25. Lard -•“Firmer: middle west, spot, sll 55® 11.65. Sugar—Raw. easier; centrifugal, 96 test, 8.99 c: refined, quiet: granulated. 7.90 c. Coffee—Rio No. 7 on spot, 10 5k c; Santos, 13 @ 14c. Tallow—Firm; special to extra. 6H @6-fie; city, 6c. Dressed poultry—Steady; turkeys, 25® 30c: chickens. 24® 43c; fowls. 14® 30c; ducks, 25c. Long Island. Live poultry—Firm; geese. 10c: ducks. 14@27c; fowls, 21® 27c; turkeys, 20c; roosters, 15c; broilers. 26@30i Cheese—Firmer; State, whole milk, common Pi specials, 20@26 He: State, skims, common to specials. B@lßc. CHICAGO, Aug. 16. —Butter —Receipts, 5,993: creamery extra, 42He: standards. 42He: firsts. 38H ft 39 He: seconds. 30® 37c. Eggs—Receipts, 8.731; ordinary firsts. ABH@24c: firsts. 25@20Hc. Cheese— Twins. 23 @23 4cl young American*. 24 ft 84Hc. Poultry—Three cars: fowls. 16® *Cc; ducks. 21c: geese. 16®22c; springs, L 29c: turkeys. 20c: rosters. 14c: broilers, flt Tc. Potatoes—Receipts, 203 cars: Kansas and Mouri*Bi cobblers. $2 @2.25: early Jfcbraska. $2.40® 2.50; early Ohioa, s2@ 2.10; Kansas. [email protected]; Mlnneasota. .**.3o® f.50. Cloverseed Market *,...Cloverseec was quoted at *7 @lO a bu. ■ fft Indianapolis. Local Wagon Wheat Local mills are paying 87c ft>* new No. 2 red wheat.

New York Stocks

(By Thomson tc McKinnon) —Aug. 16— Kail roads— 1:45 Prev. High. Low. p. m. close. Atchison 96 % 96% 96% 96 % B* 0 49% ... 48% 48% Can Pacific. .146 146% 145% 146 C 4 8 ff Ry. 65 04% 64% 64% Del It Hud... 109 ... 108% 107% Gt North pfd 57 % 56% 57% 56% N Y Central. 98% 98% 98% 98% Nor Pacific.. 68% 57% 68 67% Pennsylvania. 43% ... 43% 42% Readirg .... 76% 75% 76% 76% Sou Pacific. .. SG% 85% 85% 85% St. Paul pfd. 27% 26% 27% 20 St. L & 8 W 28% 27% 28% 27% U Pacific... .130 129 180 128% *Wabash pfd. 27% 27% 27% 20% Rubbers— Kelly-Spr 32% 31% 31% 31% U S Rubber.. 40 39 39 % 39% Equipments— Am C & F.,162% 161% 182% 161% Am Locomo. 73% 73% 73% 73% Baldwin L0c.119% 117% 118% 117% Lima Locomo 63 % 02 % 03 % ... Steels— Bethlehem... 50 49 49% 49% Crucible 04 03% 04 03% Gulf States.. 74 72 % 73 72% Rep I A Stl. 40% 45% 45% 45% U S Steel... 90 % 90 90 % 90 % Vanadium 32% 30% 32% 30% Motors— Chandler M . . 51 % 50 % 50 % 50 Gen Motors.. 15% ... 15 16% Max Mo “A” 41% 41% 41% 41% Studebaker ..105% 104 104% 104% Stewart-W... 90 88 89 % 87 % Tlmlien 38% 38% 38% 38% Minings— Int Nickel... 12% 12 12% 12 Tox G & Sul. 57% ... 57 56% Coppers— Am Smelting. 68 % ... 68 % 58 Anaconda.... 40% 39% 40 39% Kennecott.... 34% ... 34 34 Oils— Calif Petrol. . 19% 18 10% 18% Cosden 30% 29% 80% 30% Marl and Oil. 28% 23% 28 20% Pan-Am-Pete. 01% 60% 61% 59% Pan-A Pete B 59% 57% 59% 67% Phillips Pete. 22% 21% 23% 21% Pm. It Ref . 27% 36% 27% 27% Pure Oil 17% 17 17% 16% Std Oil of Cal 50% 50 60% 60% Std Oil of N J 33 % 32 % 33 32 % Sinclair 20% 20 20% 19% Texas Cos 42% 41% 42% 41% Industrials— Allied Chem. 05% 04% 06% 04% Amer Can... 04% 92% 94% 92% Amer lee ... 95 ... 94% 93% Amer Wool.. 87 85% 80% 86 Coca-Cola ... 78 % 77 % 78 % 78 Cont Can ... 47 40% 47 40% Fam Players. 73% 72% 73% 72 Int Harvester 76 ... 76 % 76 May Stores.. 76 ... 70 76% Nat Enamel. 58% 58% 68% 68 Sears-Boe ... 70 70 75% 73% USlndAlco. 48 47% 47% 47% Utilities— Am T and T. 122% ... 122% 122% Con Gas 01% ... 61% 61% Col Gas 34% 34% 34% 34% Shipping— Am Int Corp. 19 18% 10 17% Int M M pfd 20% ... 20% 19% Foods— Am Sugar. . . 58% 68% 58% 58 Corn Prod .123% 122% 122% 122% Cu Cn Su pfd 38% 37% 38% 37% Cu-Am Sug.. 24% ... 24% 24% Punta Alegre. 47% 47% 47% 47% Tobaccos— A Tob Cos 8.143 ... 143 144%

GRAINS GO HIGHER ON CHICAGO BOARD Rains in Indiana Will Retard Wheat Movement. By United Financial CHICAGO, Aug. 16. —Grain prices were fractionally higher at the opening on the Chicago Board of Trade today. L’nfavorable crop news and strong cables created a bullish sentiment in wheat trading at the outset. On the bulge however, some realizing was met. The prevalence of cool weather in the Canadian Northwest is expected to further retard plant growth. Further rains in Illinois, lowa, and Indiana will delay movement to market and cause further sprouting In the schock. Higher Liverpool spot prices and unfavorable weather brought advance in com. R. O. Cromwell, wiring from the best corn district in lowa, declared the crop there needs six weeks to mature and then may not be good. Oats sold higher with other grains. The market was featureless. Receipts 130 cars. Chicago Grain Table —Aug. 16— WHEAT— Brer. Open. High. Low Close. close. Sept.. 1.01% 1.01% 1.00% 1.00% 1.01 Dec.. 1.05 1.05% 1.04% 1.04% 104% May.. 1.10%' 1.10% 1.00% 1 10% 1 09% CORN— Sept.. .77% .77% .76% 77% .77 Dec.. .63% .03% .63% 63% 03% May.. .64% .65% .64% .65% .04% OATS— Sept.. .36% .37% .30% .37% 'lO% Dec.. .38% .39 .38% 30 38% May.. .41% .41% .41% .41% 41% LARD— Sept. 11.22 11.25 11.15 11.17 11.17 RIBS — •Sept 8.50 8.35 RYE— Sept.. .65% .65% .65% 05% .65 Dee.. .68% OS' 1 . .68% .08% .68% •Nominal. KANSAS CITY _.J. —Wheat—December SI: Mar. $1.04%: September, 97 %c. Corn—December, 59c: May. 61 %c: September. 73c Oats—None.

Cash Grain

INDIANAPOLIS. Aug. 16.—Total receipts for the day. 127 cars. Grain price* Quoted f. o. b. hart*. 41 He to New York. The bid* for car lots of grain and hay at the call of the Indtanapolis Board of Trade were: Wheat—Through billed, firm; No. 2 hard. 92% @93%c: No. 2 red. 91@02%c. Corn—Firm: No. 2 white, 80%@81%c; No. 3 white, 80@81%C; No. 3 yellow, 81 @B2%e; No. 3 yellow. 80%@82c: No. 2 mixed, 80 061 %c; No. 3 mixed. 79%@810. Oats—Strong: No. 2 white, 35%@38c; No. 3 white. 34% @ 30e. Hay (new)—Firm; No. 1 timothy. sl9 0 19.60: No. 2 timothy. #18.60@10: No. 1 clover mixed. $18018.60. Old hay $lO 1.50 over new. —ln spection*— Wheat—No. 2 red. 2 cars; No. 3 red. 27 car*: No. 4 red, 14 cars; N<x 6 red, 3 car*: No. 4 hard, 1 car; No. 3 mixed. 1 car; sample. 4 cars. Total. 52 cars. Com—No. 2 white, 15 cars: No. 4 white, 1 car: No. 6 white. 1 car: sample white, 1 car: No. 1 yellow, 2 ears: No. 2 yellow, 4 cars; No. 2 mixed. 2 cars. Total, 26 cars. Oats—No. 1 white. 1 car; No. 2 white. 9 ears; No. 3 white. 20 cars; No. 4 white, 10 cars; sample white. 6 cars; No. 2 mixed. 1 car. Total, 47 cars. Rye—No. 3. 2 cars. Total, 2 cars.

Grain Briefs

CHICAGO, Aug. 16.—Beneficial rains fell over most of the northern half of Kansas last week. The souhtern part Is still in the grip of & severe drought. Less activity was noted in the flour trade the past week, the aggregate bookings and number of sales showing material reduction. The corn crop promises a large yield in all States except Missouri. Kansas and Oklahoma. The fixing of grain price* was ’ denounced as dangerous and impractical as a substitution for the law of supply and demand by the board of directors of the Kansas Wheat Growers' Association. Reports from lowa suggests there will be a heavy farm consumption of oats due to the low prices. Soil conditions are favorbV throughout all grain producing States r >• in a few scattered aectioi sos the 8- -‘an expert declared. Good corn weather continued generally cast of the Mississippi except in the lake region. Com deteroriated in the southern great plains, but progreet was satisfactory, leading grain news agency declared

NOGS PASS 191 MARK IN TRADE Sheep Prices Advance —Other Markets Are Steady, Hog Prices Day by Day Aug. 250-300 lbs. 200-225 lbs. 150-180 lbs. 9. 7.25® 7.75 7 05® 8.10 B.lo® 8.25 11. 7.50® 7.00 B.oo® 8.30 8.35® 8.50 13. B.lo w 8.25 8.305i 8.60 8.40® 8.65 14. 8.25® 8.40 8.50® 8.05 8.60® 8.75 15. 8.25® 8.50 8.50® 8.75 8.75® 8.90 16. 8.25® 8.65 8.25® 9.00 9.00® 9.25 Active buying among shippers, coupled with light receipts, brought the price of hogs above the $9 mark at the local livestock exchange today. Packers were doing practically no buying, In the early hours. Prospects for packers entering the market were slight. The market generally was 15 to 25 cents higher. Heavy hogs were sold at- [email protected]. Mixed hogs brought [email protected] . Choice hogs topped the market at [email protected]. The bulk of salep ranged from $8.35 to $9.15. Sows were sold for $7.50 down. Heavy sows brought up to $8.66. Pigs ranged from $8.50 down, with a few exceptional animals bringing $8.75. Receipts were 8,000, with 1.265 holdovers from Wednesday's trading. The cattle market was steady. Steers were sold from sll to $11.50. Cows and heifer prices ranged from $6 to $lO. Receipts were 800. In the sheep market prices were steady to 60 cents higher. The sheep top was $6, Choice lambs were sold up to $12.50. Receipts were 400. The quality on the market was poor, dealers said. The calf market was quotably 50 cents to $1 higher. Top prices brought by calves was $13.50. The bulk of sales ranged from $11.50 to $12.50. Receipts were 700. —Hog*— 150 to 200 lbs $ 9.00® 9.25 Medium 8.75® 0.00 Heavy . 825 ® 865 Top 9 25 Pig* 8.25® 8 50 —Cattie— Packing sow* $ 6.5® 7.25 Few choice steers 11.00® 11.60 Prime corn-fed steers. 1,000 to 1.300 lbs 9.00® 8.50 Good to choice steers. 1.000 to 1.100 lbs 8.50® 9 80 Good to choice steers. 1.000 to 1.200 lbs 7.50 0 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 Heifer*— Choice light heifer* .......$ 8.60® 10 50 Good light heifers 7.00® 875 Medium heifers 6.00® 7.26 Common cows 5 00® 0.00 Fair cows 4.00® 5.00 Cutters 2.75® 5-25 Canners 2.00 4* 2.25 —Dulls— Fancy butehor bulls /. v $ 5.00® 600 Good to choice butcher bulls.. 5.00® 5.50 Bologna bulls 3.76® 4.50 —Calves— Choice veals $12.75 013.60 Good veals ... 9.50® 10.50 Medium veals B.oo® 000 Lightweight veals 7.80® 8.00 Heavyweight veals 7.00® 7.50 Common veals 700® 750 Common heavies •■ 6.00® 7.00 —Sheep and Lambs— Culls $ 2 25® 3.25 Good to choice ewes 3.00® 600 Few choice lambs 10.60® 12.50 Heavy lambs 9.00®10.00 Cull lambs 5.004* 7.50

Other Livestock Ity United Financial CHICAGO. A;ig 16—Hogs—Receipt*. 20.000 market. 10®20c higher; top. ?8 B.>: bulk $7 1.">418.75 heavy $7.5608.3.V. medium. $7.80 @8.70: light. $7.300 8.70: lightweight lights $7.20®7.53: heavy narking, smooth. [email protected] packing sow*, rough. SOO 0.25 killing nigs $7 0 8 <' •* tie—Receipts. 8,000; market, most grade* beef steers, yeartngs ami lat she-stoc,.*. to @250 higher- plainer* steady: top matured steers. *12.60; some held higher numerous loads steers. 511.60® 12; canners and cutters steady to 10c higher: bulk. $2.40 41 3 35; vealers quality plain few to packers up to $11.50; outsiders paying $12012.50; bulk bologna bulls steady; heavies. $4.40® 4.00: few up to $4 75- stockers and feeders steady hulk $1144 7.60. Sheet) —Receipts, 10.000: market, fat lambe and culls 260 36c higher; spots more: yearlings generally 26c higher; aged stock steady to strong; feeding lambs 25c higher; bulk good and choice western lambs. $13.25 @ 13.50; most native, $12.50 012.75: few sales up to $13.25; culls. [email protected] some held at $10; yearlings, $11.50: bulk fat ewes $5.75 @7: early top feeding lambs. $15.50. KANSAS CITY. Aug. 16.—Cattle—Receipts, 7.500: calves, 1.000; better grade beef steers and yearlings, active: strong to 15c higher: other steers strong top weight beeves, sl2: mixed yearlings, $11.50: Shestoek mostly 100 to 160 Higher; bulls strong bolognas, $3.75 04.25: veal calves, strong: practical top, $9 23: few $9.50; stockers and feeders around steady. Hogs— Rooeipts, 5.000; very slow; mostly 15c to 20c higher to Bhtpper*: top. $8.30; bulk good and choice, 185, to 265-pound averages, at $8.1608.15: packers holding back: few early sales mixed grivies up to SB. or unevenly higher. Sheep—Receipts. 2.000; killing classes generally 15c to 25c higher; Idaho lambs, $12.95 top; native lambs, sl2 40: desirable weight native ewes, $7.75; Idaho feeding lambs, sl2-60. EAST BUFFALO. Aug. 10.—Cattle—Rectlpta. 225; market Blow and steady: shipping steers, $10011.60; butcher grades. $8 4*9 25 cow*. $2.60 00.50. Cvlve*—Receipts. 250; market active and steady; culls to choice. $4014.50. Sheep and lambs— Receipts, 400; market active, choice lambs 50c higher, culls to choice, $13014: yearlings. $8 @l2; sheep. #7 @lO. Hogs—Receipts. 4.000; market active. 10c to 15c 1 higher: yorkers. $9 4009.60; pigs, $8.75 @9; mixed, $9.3609.40; heavies. $808.75; rough. $5.50@6; stags. $4.50@6. CINCINNATI. Aug. 10.—Cattle—Receipts, 570; market steady and strong; shippers. sß@9, Calve9—Market steady; extras. $lB @l3. Hogs—Receipts. 4,000; market strong, 15c higher; good or choice packers, #8.7508.90. Sheep—Market steady; extras. $54*6. Lambs—Market steady; ' fair to good. $13.60 0 14. PITTSBURGH. Aug. 10—Cattle—Receipts light: market steady; choice. $10.50 @11.25; good, $8.75 @9.76; fair, 7%7.90; veal calves, $11.35014 Sheep and lambs —Receipts, two double decks; market steady; prime wethers. $7.75@8; good. $7 @7.50: fair mixed. $6.500650; lambs. #8 @ 13.50. Hogs— Receipts, 20 double decks; market higher; prime heavy, $8.0508.75: mediums, [email protected]: heavy yorkers, $9.16 @9.25; light @8.75; roughs. [email protected]; stags, $3.60 04.50. EAST ST. LOUIS, Aug. 16.—Cattle—Receipts, 3.500; market slow; native beef steers, $6.90 07.40: yearlings and heifers, $9 @9.50; cows. $4 @5.25; canners and cutters. $2 @3; calves. $10.50; stockers and feeders, $4.26 @4.75. Hogs Receipts, 9.000; market higher; heavy. [email protected]; medium. [email protected]; lights. $8.2509; light lights, $7.2608.90; packing sows, [email protected]; pigs. [email protected]; bulk. $8,754*8.90. Sheep —Receipts, 1,000; market higher, ewes, $3 @6; canners and cutters, $j @3; wool lambs, $10.75 013.

Business News

PROVIDENCE. R 1., Aug. 16.—Stockholders of the Jenekes Spinning Company and the Manville Company, who will hold a special meeting here today, probably will approve the former company's plan to take over the total assets and properties of the Manville Company. No opposition has developed. If it goes through, the new company. to be known as the Manville Jenekes Company, will have a capitalization of 839,000,000 to be used 1 i operating nine Rhode Island cotton manufacturing plants, employing 55,000 persons. WASHINGTON—Senator Smoot, on his return from an extensive tour of Europe, during which he made an economic survey of conditions, said the total expenditures of Americans touring abroad will reach $700,000,000 this year. This will havi an important bearing on the balance of trade, he said. WASHlNGTON—Dispatches received by the Department of Agriculture from the Canadian Dominion bureau of statistics indicate wheat harvest in that country wilt be 362.614.000 bushels. This and 17,772,000 bushels less than the 1922 yield.

THE INDIANAPOLIS TIMES

Murder of Man at Camp Investigated

Ip*****' v. : - jHSglj

JACK SULLIVAN Police today were expected to make arrests in their investigation of the murder of Jack Sullivan, 541 S. West St., in a Bpring Lake cottage Tuesday night.

CROPS ARE GOOD, REPORTINDICATES Wheat Production Estimated at 34,452,000 Bushels, The condition of com in Indiana Aug. 1, was 88 per cent of normal, according to the government crop report, made public today. A total production of 192,712,000 bushels is Indicated. This Is a prospective Increase of 13,923,000 bushels over the crop of last year. A little firing lias occured on this and sandy soils, but no Insect damage is reported, tho report states. The average yield of winter wheat is estimated at 16.5 bushels an acre on thrashing date. Total production Is estimated at 34,452.000 bushels. Quality of grain is reported at 91 per cent of a high grade medium. A total production of 79,000 bushels of spring wheat Is estimated by the report. Oats was 80 per cent of normal, the report says. Production Is estimated at 64,975,000 bushels. Barley was reported at 80 per cent, with 1,017,000 bushels predicted. Rye will probably yield 14 bushels an acre —production 4,004.000 bushels. Buckwheat production will be 64.774,000 bushels. Potato production Is estl mated as follows: White. 6,966,000 bushels; sweet, 368,000 bushels. Tobacco production is predicted at 20.385.000 pounds; tame hay, 2,380,000 tons: wild hay. 25,000 tons. OIL TONE IS STRONG ON NEW YORK CURB Standard of Indiana Gains More Than a Point. By United Financial NEW YORK, Aug. 16.—Though crude oil production has taken another rise, news developments afforded a better feeling as regards the gasoline situation this morning, and this led to brisk short covering In the early curb market dealings, accompanied by a strong tone In the oils. Standard Oil of Indiana gained over a point to 61%, following a blanket opening of from 50% to 50%. The previous close was 50%. Prairie Oil and Gas gained over a point at 173 and Buckeye Pipe as much to 87. Standard of New York improved to 38 and Vacuum to 44%, up %. Glen A Men Coal Jumped a point to 68% and Reading Rights were firm at 22%. D.. L. & W Coal was quoted at 86%. Dublier Condenser Improved fractionally to 8%.

Births Girls John aiid Fern Staeh, 1364 Roaohe. Warren and Mary llabourn, 1617 Asbury. Melvin and Mary Mansflold, 805 N. Bevllle. William and Mollie Frips, 734 Highland. Fred and Nellio Marley, 2828 Stuart. Carl and Rhea Reeves, St. Vincment's Hsopttal. James and Sylvia Snyder, 422 E. Morris. John and Goldie Breedlive, 55 N. Brookville. Charles and Elisabeth Barris, 625 N. Euclid. , John and Fern Fretchle. 1914 Mansfield. Albert and Geneva Keller, 2063 Winter. Mercado and Zombol Haken, Long Hoapitla. Boys Ray and Maytne Leachman, 1030 Garfield Dr. Robert and Bessie Burns, 2854 Chester. Robert and Pearl Moreland, 2931 E. Twen-ty-First. Leo and Kathlyn Welch, Bt. Vincent’s Hospital. Frank and Blanche Speevack, St. Vincent’s Hospital. Francis and Gertrude Anderson, St. Vincent's Hospital. James and Irene Jarrett, 621 E. La Grande. William and Bessie Mobley, 804 Eddy. Frank and Gladys Springer, 1147 De Loss. John and Naomi Rankin, 1127 8. Pershing. Frank and Mildred Jardlana. 613 Stevens. Donald and Julie Thrailkill, Long Hospital. Carl and Genevieve Smiht, Long Hospital. Deaths Raymond Timbs, 11 months, 1058 W. McCarty, chronic astro enteritis. Catherine Sullivan, 70, 613 S. Missouri, arterio sclerosis. Irvin Gend Meier, 1, Methodist Hospital. Intussusception, Elizabeth C. Strieker. 54, St. Vincent’s Hospital, chronic myocarditis. Ruth Catherine Campbell, 2, 517 Arnolds, acute gastro enteritis. Alvin Parker, 8, city hospital, diphtheria. John De Vore, 60. 409 E. North, chronic myocarditis. George Washington Greene. 35. Big Four tracks, fractured skull, accidental. In the Cotton Market Bn I'nited Financial NEW YORK. Aug. 10.—Cotton market opened lower today. October, 24.15, off 23: December. 24.16, off 22; January, 23.93. off 17; March, 23.97, off 19. Raw Sugar Market By United Financial NEW YORK. Aug. 10.—Raw sugar market opened higher. September, 4.03 @4. 040; December, 3.90® 3,91 c; May, 3.41 c. Local Hay Market Loose hay—sls @18; baled, sls @ 18.

ACCOUNTS BOARD EXPERT TESTIFIES STREETISFAULTY Donaldson Says Amount of Concrete Used by Contractor Was Short, Only ten of the thirty-three test cores removed from Twenty-Ninth St., having been constructed by the Mansfield Engineering Company, remained in a condition for testing, a report of A. L. Donaldson, chief engineer of the State board of accounts, showed today in a public hearing before the board of works. The report was filed with U. S. Lesh, attorney general. Donaldson testified the top surface of the road was “uneven and with many depressions,” and said that an excess of water was used In the concrete, causing the road to become porous. Cement Used Questioned Donaldson said he had asked Harvey Tutewiler of the Mansfield Company to report on the number of barrels of cement used In the base. Tutewllei* did not comply, he said. It was estimated, however, that the company used 4,711 barrels of cement, approximately 625 of .which might have been taken from their warehouse. Donajdson said 1,726 cubic yards of sand and 467 cubic yards of gravel were used. In an affidavit, Donaldson declared, the company sought to prove that fourteen barrels of concieta In excess of specifications were used. Donaldson sought to prove he could use the Mansfield figures and show the contract 1,160.66 barrels of concrete short of specifications, or that he could use his own figures and show the contract 2,171 barrels short. Mechanics Testify Hugh W. Copesey and Samuel E. Jordan, mechanics for the State highway commission, testified borings taken from the pavement crumbled. Attorneys for the contractors attempted to show the machine wobbled causing faulty boring ’. The men denied this. Both me admitted they had little experience, and were not engineers. “Anyone with Intelligence can see that pavement is faulty," Ed Pltzpatrlck, representing property owners "You don’t have to be an engineer to see that."

DR. PINK LEAVES $150,000 ESTATE ’ Widow Gets 85 Per Cent of Fortune, Under the terms of the will of Dr. I Herman Pink, former resident of In ; dlanapolls, who died in San Francisco, i July 23, 85 per cent of his $150,000 estate Is left to the widow, Mrs. Millie Pink, for life. The will was filed today with Probate Clerk John Weinbreeht. who appointed Leo M. Rappaport administrator. subject to approval of Judge Mahlon K. Bash in September Fifteen per cent of the estate Is left In trust to the sisters of the widow, Carrie Alexander and Sophie M. Lev inson. After the death of all three, the estate will go to brothers and slsters and nephews and nieces. Dr. Pink for years maintained an office at Meridian and Ohio Sts., the site of the Federal Bldg. GROCERS’ ASSOCIATION HOLDS ANNUAL PICNIC Women Vie for Honors in Rollingpin Throwing Contest. ) Six thousand grocers, their families and friends attended the grocers’ annual picnic at Columbia Park Wednesday afternoon and evening under the auspices of the Indianapolis Retail Grocers’ Association. Bowling and horseshoe pitching featured the afternoon program. Traffic Policemen Owens and Paul addressed the gathering on traffic regu lations. Later In the day contests were conducted by William F. Rathert. Tho ladles were given an opportunity to vie for honors In rolling-pin throwing. The children were kept busy with a pie and watermelon eating contest. Other events Included clothes-pin contest, racing and dancing. MISSING CHICAGO MAN LOCATED IN lOWA Frederick A. Slebold Jr. He id in Davenport, Police Say. By United Press CHICAOO, Aug. 16.—Frederick A. Slebold Jr., head of the Garden Building Corporation, who mysteriously disappeared several weeks ago, has been located at Davenport, la. Slebold was declared to have been picked up by police waging a campaign against "suspicious * characters.” There Is no charge against him. MAN HUNT FAILS TO LOCATE MURDERER Two Women Held as Companions of Alleged Bandit By United Press MINNEAPOLIS, Augt. 16.—The northwest’s most extensive man-hunt In years today failed to reveal the whereabouts of William Stauffer, gunman accused of four murders and several holdups. Helen Ames and Lois Wilson, two women declared to be companions of the bandit, were held for questioning. Conductor Dead In Car By United Press CENTRALIA, 111., Aug. 16.—Samuel L. Brooks, Illinois Central conductor, was found dead In tho caboose of his train at Makanda last, night. Police said he was murdered and robbed.

Oil WH. BLOCK C? Hart Schaffner & Marx guaranteed clothes for men, young men and boys (8 to 18)

Tomorrow, Friday, Our Bargain Day No Refunds, Exchanges, Layaways, C. O. D., Phone or Mail Orders on Bargain Friday Items. In Many Instances Quantities Are Limited. Prices Are Effective While Supplies Last. Store Closes Saturday at 1 P. M. Do Your Shopping on Friday—ls You Possibly Can ON OUR FIRST FLOOR

Toweling Remnants at 1-4 to 1-3 Off Regular, Bolt Price Both bleached and unbleached toweling in useful 8%-yard lengths. As an example of what these reductions mean—Toweling that sold for 26c the yard In the bolt, by deducting one-third, costs now, the yard, 17<).

MERCERIZED TABLE DAMASK —Floral design; 58 Inches wide; QC* 65c quality dDC HEMMED NAPKINS Inches; small designs; $1.75 dozen rn quality 6 for D*/C EMBROIDERED TABLE COVERS—24 inch size; embroidered in bird, scroll and leaf designs; SI.OO |“/\ quality, each DUC 76c quality, QQ WASH CLOTHS—Pink or blue; 6c quality JC GUEST TOWELS Hemstitched huck; | q 26c quality IOC

inr THE BASEMENT STORE 18ypf.

Women’s and Misses’ Voile Dresses rR Sp n: i,y QQ r i Priced Like Illustration Sizes 36 to 44. Attractive1C fefjl'. JTTO ly styled summer dresses of I kP'MS lJ ßht or dark shades of I voile; cool, comfortable 'l*’ frocks to finish the season, ii Sash ties, white collars and Gs < JUiM cuffs, lace trimmed. No “ tie’ll*- C. O. D.’s, exchange# or uJjUML credits—every sale final. All-Wool Slip-On Sweaters $1 and $2 *TQ Qualities .... I 2/C FOR WOMEN AND MISSES. Jußt 50 In the lot. Percale and Gingham Aprons Extra 70Special I vt SIZES f6r WOMEN AND MISSES. Rickrack trimmed. Cut full size. Attractive styles with sash ties. Light and dark colors.

Beddings—Domestics

SEAMLESS BLEACHED SHEETS—DoubIe bed size; slightly soiled; $1.45 qualities; while eighteen nr last JDC UNBLEACHED SHEETS—76x9O Inches; SI.OO quality, while limited supply CQ lasts U/C BABY CRIB BLANKETS—--36x54 inchen; extra heavy ; pretty plain colors of blue or pink; SI.OO quality DifC PILLOW TUBING wide; 45c On. quality LOC BLEACHED MUSLIN Yard wide; soft finish; free from starch (limit 10 yards | r to customer) lOC UNBLEACHED ill EE TING MUSLIN—4O inches 1 wide; 25c quality IIC REMNANTS CURT A I N SCRIMS Deslrnble lengths; dots, plain center, open work borders; 10c to 15c qualities; while P supply lasts, yard 0C

Men’s Shirts $1.15 and M* 3 for Even Better sjjs Qualities Broke* lots of printed madras and percales in neat, desiD patt*rns, collar attached and neckband styles; slightly soiled or mussed from display; sizes 14 to 17.

JACKETS—Of 220-weight whiteback denim, made with continuous hign back two-seam lege, double stitching. Jacket sizes, 36 to 44; overalls 84 to 42. $1.79 quality, • on Friday special fl. JJ (Extra size, 10 per cent additional.)

JAPANESE TABLE COVERS —48x48 inches; blue and white colorings; heavy onepiece cloth; nn $1.75 quality tj) I.UU

Wash Goods Remnants at V 2 Marked Remnant Price Pleasing variety of plain and fancy ratines, voiles, ginghams, tissues, organdies, linings and lingerie materials, In lengths useful for blouses, dresses, trimmings, etc. For example: A remnant marked 50c, deduct onehalf and pay only 25<i for It.

BLACK TAFFETA pieces, yard wide and all silk; $2.00 nn quality WOOL CREPE—For children’s school garments, 42 inches wide; all wool; black, gray and beige; $1.50 <b| |Q quality Toilet Goods CREME OIL SOAP—(Limit one dozen to arr customer) DDC MAVIS TALCUM POWDER 2 for £dC

Silk Blouses $5.00 (1 AQ Quality .... vLjO Broken lots of crepe de chines, repps and pongee blouses; rose, brown, tan, black and gray. Summer Dresses For Women and Misses $5 and $6 4*o A A Qualities . . . Os voile, ratines, Monte Carlo voiles and plnwheel crepes, slightly soiled from handling. Very low priced at 02.49. Muslin and Crepe Underwear Women and misses will buy \ many garments In this special- \ ly low-priced sale of undergar- j ments. Choice of white, flesh / _ and orchid. f Garment, —PRINCESS SLIPS \ mt —PETTICOATS / kll/% —GOWNS - I —ENVELOPE CHEMISE 1 —BLOOMERS —STEP-INS / Skirts For Women and Mlsse#. $4 and $5 tfj 1 QQ Qualities 4} I*2/0 Novelty wools and silk stripe materials. Just 30 In the lot.

UNBLEACHED MUSLIN—Yard wide; soft finish; 20c 1 4_ qunlity l*tC MOSQUITO NETTING —SB inches wide; whits 7Q/* or black. 8-yard bolt * *7v PERCALES—Yard wide, figures, checks and stripes; light and dark colors ; 25c 1 C _ quality IJL WHITE OUTINO FLANNEL—--27 Inches wide; double C fleeced ; 19c quality IJC BILKOI.INE COVERED COMFORTS Large double bed size; sanitary cotton filled: pretty patterns; medium and dark sflkollne; plain border to match (while 24 JQ last), $4 quality fL.nJ UNBLEACHED SHEETING 2% yards wide; soft finish; easy’ to launder; 48c quality (limit 10 years to the 07 customer) OIC UNBLEACHED SHEETING 2% yards wide; 75c CQquality; limit 5 yards... .DUC DRESS GINGHAM —27 Inches wide; checks, plaids and plain colors; 25c 1 r quality 1 JC doMFORT CHALLIS—3B Inches wide; new fall patterns; extra specially 1 r priced iJC

MEN’S SOCKS—Reinforced toes and heels, black and colors, sizes 9% to 11%; sec- $Ol/ onds or a 25c quality. iL/2C MEN’S ATHLETIC UNION SUITS —Os checked nainsook, elastic insert back, full cut; sizes 84 to 46; in 69c quality filifC

LISLE SOCKS FOR MEN— White only, fully mercerized, fine lisle, fully reinforced; all sizes; 25c t quality 1 DC MEN’S SILK SOCKS Pure silk, full fashioned, with novelty embroidered clocking; black, cordovan, gray and navy; all sizes; nr $1.50 quality i?DC MEN’S POROSKNIT UNION SUlTS—Sizes 34. 36 and 38; short sleeve, ankle length or three-quarter leg length, ecru colored; nr* $1.50 quality /DC MEN’S TIES—Silk four-In-hands, good looking or patterns, full shape .. LjC Open-Work Lace Clocked Silk Hose for Women Regular $2.50 A A Quality v* • *2/ Beautiful patterns, full fashioned, medium weight, ingrain silk with lisle garter hem, black only, all sizes. QUAINT LACE MITTB FOR WOMEN —White, black and mastic shades—sl.oo quality 49< $1.50 qulaity 79*

Hosiery Specials CHILDREN’S ROLL/ . TOP SOCKS Half and threequarter lengths, black and brown, combed yarns and mercerized lisles, sizes 6 to 10. 19c and 25c qualities, special, f A the pair WOMEN’S LISLE HOSE— Fully reinforced; black, browr and white; sizes 8% to 9H: seconds of & 25c quality, special, •* A the pair IUC Latest Record Hits T C S I.OO Yes, Wo Have No Bananas. Cut Yourself a Piece of Cake. When You Walked Out, Soaa One Else Walked In. Louisville Lou. Annabelle. Dreamy Melody Walt* Red Heajl G*l. Swinging Down the Lane. My Sweetie Went Away. Who’s Sorry Now? —and many others.

Candy Specials FRESH MADE ORANGE ICES —4oc quality; spe- 90/. cial, pound ASSORTED CREAMED MARSHMALLOWS— 97 Special, pound Li C OUR HIGH GRADE FRUIT FLAVORED CHOCOLATES— Special, pound 44c

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