Indianapolis Times, Volume 35, Number 85, Indianapolis, Marion County, 20 August 1923 — Page 11

MONDAY. AUG. 20. 1923

STREET RETAINS BUOYANCY OF PAST * WEEK IN DEALING Active Industrials Reach New Highs on Move —Oils Recover, ttc WALL STREET JOURNAL NEW YORK. Aug. 20. —Foreign conditions appeared less troublous as a result of developments over the Week end and early dealings on the stock market today maintained the buoyancy existing at last week’s close. Consolidated Gas, Gulf Steel, New York Central and other active stocks reached new highs on the move, while all the industrial leaders were in demand at the best levels reached on the current recovery. Oils were higher despite adverse factors. First Hour Realizing sales were a natural sequel te the uninterrupted character of last week’s advance. After five days of rising prices, traders looked to their profits, giving the general list an easier tone. These offerings were absorbed with only fractional recessions. Individual forward movements kept up. Corn Products held around its best levels on the movement. Standard Oil issues, which stand to lose heavily from the continuance of the gasoline war. are slightly over the price week ago. Second Hour i < Terings both from the short sellers and the profit takers were so easily absorbed in the second hour that the market developed a rallying tendency. Instead of parting with holdings of such stocks as Can, Baldwin, Studebaker and Corn Products, big operators were reported to have added to Their lines on the reaction. The opinion of many is that the buying of Standard Oil issues was duq to inside interests who believe the gasoline price # war will be only temporary. Noon Hour Important cancellations of orders above the market took place suggesting that confidence was entertained regarding the probability of ultimately higher prices. Studebaker was absorbed on upnverifled reports that the company contemplates a split up of present common stocks. Dupont JeNemours & Company today declared the regular quarterly dividend of 1% per cent on common and 1% on the debenture stock. Hurson Motor Company also declared 75cent dividend, placing the stocks on a $3 annual basis. • Twenty active industrials Saturday averaged 92.32. up .68; twenty active rails averaged 79.66, up .49. Local Bank Clearings Local bank clearings Monday were 52..829.000: bank debits were 55.448.000. York Money Market U United Financial NEW YORK. Aug-. 20.—Time money rates unchanged at 5*4 per cent. Renewals arranged at this rate. Commercial paper unchanged at 5% per cent. Demand equals supply and dealers say no change in rates Is in sight. Foreign Exchange By United Financial NEW YORK. Aug. 20.—Foreign exchange opened quiet. Sterling, demand. 54.55 % : cables. $4.55%. Franc, demand. 5.67'4 c: cable. 5.68 c. Lire, demand. 4.28 c: cable. 4 28%c. Belgi ms. demand. 4.47%c: cable. 4.48 c. Marks, 4.545.454. Czecho. demand. 2.94 c: cable. 2.94 c. Swiss, demand. 18.08 c: cable. 18.10 c. Gilders, demand. 39 32c; cable. 39.35 c. Pesetas, demand. 13.57 c: cable. 13.59 c. Sweden, demand. 26.61 c; cable, 26.65 c. Norway. demand, 16.26 c: cable. 16.30 c. Denmark, demand. 18.62 c: cable. 18.68 e. >

Produce Markets

NEW YORK. Aug. 20.—Flour—Dull, unchanged. Pork—Dull; me**. *24.50 @25. Lard—Steady: Middle West spot. *11.55® 11.65. Sugar—Raw. quiet: Centrifugal. 96 test. 5.81 c: refined, quiet; granulated [email protected]. Coffee—No. 7 on spot. 10% @ 10%c. Tallow—Steady, special to ex.. 6% @6%e: city. 6@6%c. Dressed Poultry—quiet: turkeys. 25@39c; chickens. 24@42c; fowl*. 14®30c: ducks. 25c. Live Poultry —-Quiet: geese. I6c: fowls. 24® 28c: turkeys. 28c; roosters. 16c; chickens, broilers. 24 @ 30c. Cheese—Firm: State whole milk, common to special. 21@20%c. State skims, common to special. 8® 18c. CHICAGO, • Aug. 20.—Butter—Receipts, 11.388; creamery, extra. 44c: standards, 43%c: firsts. 39@40 %o: seconds. 37 @ 38c. Eggs—Receipts. 14.544: ordinary- firsts. 23% @ 24c: firsts. 25@20%c. Cheese— Twins. 23 @23% c: young Americans. 24® 24%c. Poultry—Receipts, 16 cars: fowls, 24 %e; geese. 16@ 20c: springs. 28c; —Receipts. 209 cars. Quotations: Missouri cobblers. *2.35® 2.50: Nebraska ♦arly Ohios. $2 @2.10: Nebraska cobblers, *2.50®2.60; Minnesota early Ohios. *1.50 ei.65. CLEVELAND. Ohio. Aug. 20—Butter— Extra in tubs, 47® 49c: prints. 49 @ 50c; packing stock, 30® 32c. Eggs—Fresh gathered Northern extras, 32c: Ohio firsts. 30c: western firsts, new cases. 2flc. Poultry Heavy fowls. 25@ 27c: light fowls, 18 @ S6c: cocks. 15@17c: broilers. 30® 36c: ducks, spring. 20® 23c. Potatoes—Virginia ffebblers. *[email protected] per barrel; $4.65 per j.SO-pounds. NEW YORK Aug. 20.—Butter—Firmer: receipts, 3,799; creamery extra. 44 %c: spe,a*l market, 45@45%c: State dairy, tubs, •36® 44c. Eggs—Steady: receipts. 6,341; nearby whites, fancy. 53 @ 55c: nearby State whites. 32 @ 53c: fresh firsts to extras. 28 di'37c: Pacific coast. 32@48c: western whites. 32 @ 53c: nearby browns, 38® 41c OILS GAIN STRENGTH IN NEW YORK CURB MARKET Standard of Indiana Reaches 54 Industrials Quiet By United Financial NEW YORK, Aug. 20.—Trading in the oils in the early period was the characteristic feature of the session week on the curb market. Standard Oil of Indiana was up % at 54, International Petroleum was up % at 1.6 V 4. Standard Oil of New York epened at 3974 and then moved up to 10, the latter quotation showing a gain of hi over the week-end. For the first time in some weeks Chest-borough Manufacturing was graded in, the stock scoring a gain of 6 points over the last previous ■■le when it changed hands at 229. Oil was up % at 4574 and was one of the outstanding features of the oil group. Industrials and the motors were quiet. t Local Hay Market Look* hay—*ls@lß baled. *l6@l*.

New York Stocks

(at 1:45) Prev. : Railroads— High. Low. p. m. Close. | Atchison . . 97 % .... 96 Vs 97 B. and O. .49% .... 49 Vi 49 Vi C. and O. .' 60 59% 60 60 C. A N. W. R. 66 Vi . . . . 68 60 Gt. N. pref. 56 .... 55 55 % L. Valley .‘.62% . .. 62% 62% New York C. 09% 99 89 Vi 99% North. Pacific 58 V* 57 Vi 57% 57 P. Marquette. 42% 42 42% 42Vi Pennsylvania 43% .... 43% ... Reading ... 76% .... 75% 76 South. Pacific 87 V* 86% 87 87% St Paul pfd.. 27 Vi ... 26% 27 Union Pac. . 181% 130% 131% 131% Wabash Pfd. 27% ... 27% 27% Rubbers— Kelly-Spgfld. 33 V* ... 33 33% ! U S Rubber. 41% ... 41 41% Equipments— Am Loco ... 74 % 73 73 % 73 % Baldwin L.. 122% 120% 121% 118 Lima Loco.. 65% ... 04% 05% Pullman ... 119% ... 117% 118 West Elec... 68% ... 58Vi 59 Steels— Bethlehem ..50% 49% 50 50% Crucible 65 ... 64 % 64 % Gulf States.. 74% 73V* 73% 74 Rep I & Stl. 48 % ... 45 % 46 % U 8 Steel 02 % 91 % 91 % 92 % Vanadium . . 33% 32 Vi 32% 33 Motors— Chandler Mo. 52 51% 51% 51% Gen Motors.. 15% 15%' 15% 15% Max Mo • A" 45% 43% 44% 43% Studebaker ..100% 105 Vi 105% 100% Stromberg ..71% 70 70 70% Stewart-W. .. 92% 90% 91 91 Vi Timken .. r . . 92% 90V* 91 91 % M inings— Gt North Ore 32% 29% 31% 29% Int Nickel... 13% ... 13 13 Coppers— Am Smelting 59% ... 68% 69% Anaconda ... 41 40% 40% 41 Kennecott.... 34 % 34 % 34 % 34 % Oils— Caiif Petrol.. 21% 20% 20% 21% Cosden 32 % 31 % 31 % 32 % Martand Oil.. 31% 30% 30% 31 Pan-Am Pete 63% 61% 62 62% Pan-A Pete B 61 Vi 59% 60 61 Phillips PtHc 25 24 24 % 24 % Pro. & Ref . 29 Vi 27 % 27 % 28 % Pure Oil 18 17% 17% 17% Std Oil of Cal 60 % ... 50 50 % Std Oil ofNJ 33% ... 33% 33% Sinclair 23% 22% 22% 22% Texas Cos 42% 42% 42% 42% Industrials— Allied Chem. 67 % 65 % 66 % 68 % Am. Can. .. 07% 95% 96 07% Am. Woolen 87% 86 Vi 86% 87 V* On. Leather 18% .... 18 18 Comp. & T.. 74% 74 74% 74 Cont. Can... 47 Vi .... 40 % 47 Fam. Players 75 Vi 73 78% 74% Gen. Asphalt 28 .... 27% 28% Inter. Harv.. 76% .... 75 76% May Stores.. 78% 78 78 78% Owen Bottle. 43% 43% 43% Sears-R0e.... 77% .... 76% 75% U. S. In Al.. 49 .... 48% 48% Utilities— Am Tel & Tel 123 ... " 123 123 Con Gas 62 % 62 V* 62 % 62 % Col Gas 34% 34% 34% 35 Shipping—■Am Int Cor. 19% 18% 18% 19% Atlantic Gulf 15 ... 15 14% Int M M pfd 21 20% 20% ... Foods— Am Sugar... 60% 60 60 ... Corn Prod.. 128% 127% 127% 128% Cuba Cane pfd 40 % 39 39 39 % Cub Am pfd. 26 25% 25% 25% Punta Alegre 48 47 % 47 % 48 % Tobaccos— Am Tob .. 147 Vi 146% 147% Tob Prod ... 82 % 82 % 82 % 82 % U S Ret St.. 75% 75V* 75% 74%

WHEAT IN DEMAND - ON CHICAGO BOARD Reports Show Corn Moving Eastward —Oats Dull, By United Financial OKICAO, Aug. 20. —Grain prices were unchanged to fractionally higher at the opening on the Chicago Board of Trade today. An unexpected advance in Liverpool brought on a good class of wheat buying. With a broader demand and a lessening In the offerings pressure, Liverpool openend strong to higher and at 2 o’clock showed further advances. Crop, and weather news from ever the entire belt was favorable. Little attention was paid to the heavy receipts estimated at 900 cars. September com continued to lead that grain due to the tightness in [ delivery and the fact that shippers are displaying little anxiety over sup plies to fill contracts. Local stocks showed a marked decrease with most of the grain moving eastward and to Montreal. Receijits were light at 200 cars. Oats were unchanged on a dull and unfeatured market. Receipts 175 cars. A good demand for lard, higher hogs and grain prices strengthened provisions. Chicago Grain Table At 12:45—Aug. 20. WHEAT— Prer. Open. Hirh. Low. Close, dose Sept.. 09% 100V4 99% 1.00 99% Dec. 1.03% 1.04% 1.03% 1.03% 1.03% 1.03 % May.. 1.09% 1.00% 1.08% 1.09% 1.09% 1.09% CORN— Sept.. .80% .83 .79% .82 % .79% .79% .70% Dec.. .63% .64% .63% .64% .03% .63 % i 63 % May.. .65% .66% .65% .66 Vi .65 Vi 65% OATS— Sept.. .37% 37% .37% .37% .37% Dec. .39% .39% .39% .39% .39% 39 % Sept.. .41% .41% .41% .41% .41 % CHICAGO, Aug. 20.—Car lot receipts: Wheat, 485: com, 78; oats, 74; rye, 13. ST LOUIS. Aug. 20.—Wheat—September, $1 bid: December. 51.03% bid. Com—September 79% <0570%0 bid; December, 63%c. Oats—September, 37c CHICAGO. Aug. 20.—N0. 1 red, $1.02%: No. 2. $1.02@ 1.02% : No. 3. 97c®51.01: No. 2 hard. [email protected]%e: No. 3. $1.00% @1.02. Corn—No. 1 yellow, 90 @9O Vic: No. 3. 89 % @9oc: No. 1 mixed. 89%o: No. .2 89 @89% c: No. 6. 90c. Oats—No. 3 white. 37 %@3O %c: No 4. 37%@39e: standard. 37%@37%e. Com—No. 1 white, 89 %e: No. 2. 89 % at 89%c. Barley—sß® 65c. Rye—No. 2. 66 %c. Timothy—ss.Bs @6.05. Clover—sls @l7. Grain Briefs CHICAGO, Aug. 20.—Farmers of the central grain growing States suffer a loss of 10c for every bushel of wheat raised, a prominent Indiana miller estimated. Holders of old corn advised to sell it while prices are hirh and stocks and estimates on the new crop are low. Unless there is an increased buying power developed it may be difficult to sustain the present level of wheat values. AS long as Continental Europe continues to obtain liberal quantities of Argentina wheat our export business will be poor, an expert said. There is a good movement of wheat owing to recent rains having delayed thrashing and reduced quality to such an extent it had to be marketed sooner tb*n expected. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift A Cos. Ribs—No. 2. 21c: No. 3.17 c. Loins—No. 2. 32c: No. 3.37 c. RoundsNo. 2. 22c; No. 3.18 c. Chucks—No. 2. 10c: No. 3. Bc. Plates—No. 2,6 c; No. 3,4 c. Local Wagon Market Local mills are payinr 87c for new No. 2 red wheat

HOGS OPEN WEEK 3 CENTS HIGHER Top Price Is $9,35 —Cattle Are Steady, Hog Prices Day by Da* Aug. 250-300 lbs. 200-225 lbs. 150-180 lbs. 14. 8.25® 8.40 8.50® 8.65 8.60® 875 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 17. B.lo® 8.50 8.50® 8.75 B.Bo@ 9.10 18. 8.35® 8.50 8.50® 8.76 9.00® 9.15 20. 8.50® 8.80 9.00® 9.25 9.25® 9.35 With active buying by shippers, and with light receipts, the price of hogs advanced 25 cents on the local livestock exchange today. Heavy hogs were sold for $8.50 to SB.BO. Mixed hogs brought $9 to $9.25. Topping the market, light hogs ranged in price from $9.25 to $9.35. The bulk of sales ran the gamut from $8.40 to $9.25. Receipts were 5,000. There were 449 holdovers from Saturday’s trading. Sows were sold from $7.75 down. Pigs brought $8.25 down. A steady market marked cattle sales. Beat grade steers were sold from $10.50 to sl2. Cows and heifers ranged from $6 to $10.50. Receipts were 1,000. Dealers repotred few of quality to bring top quotations. / The calf market was steady. A top price of sl4 prevailed. Bulk of sales were sl3 to $13.50. Receipts were 300. In the sheep and lamb market a top of $6 was paid. Lambs brought sl3 for choice specimens. Receipts were 350. —Hog*— 150 to 200 lb* $ 9.25 @ 9 35 Medium 9.00® 9.25 Heavy 8.50@ 8.80 Top 6.35 Pigs B.oo® 8.26 —Cuttle— ■ Packing cows $ 6.50® 7.26 Few! choice steers 10.50 @12.00 Prime corn-fed steers. 1,000 to 1,300 lbs 9.00® 9.50 Good to choice steers. 1.000 to 1,100 lbs 8.50® 9.60 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 Heifer*— Choice light heifers $ [email protected] Good light heifers 7.25@ 9.00 Medium heifers 6 00® 7.26 Common cows 5.00® 6.00 Fair cows 400® 6 00 Cutters 2.75® 3.25 Canners 1.76® 2.00 —Rails— Fancy butcher bulls $ 5.00® 5.50 Good to choice butcher bulls . 5.00® 6.50 Bologna bulls 3.50® 4.50 —Calves— Choice veals sl2 75® 14.00 Good veals 10.00 @ll.OO Medium veals B.oo® 9.00 Lightweight veals 7.60® 8.00 Heavyweight veals 7.00® 7.50 Common veals 7.00® 7.50 Common heavies 6.00® 7.00 —Sheep and I.atnb*— Cull* * 2.25® 3.25 Good to choice ewes 3.00% 600 Few choice lambs 11.00® 13.00 Heavy lamb* 9.00® 10.00 Cull lambs 5.00® 7 50

Other Livestock Jly United Financial CHICAGO, Aug 20—Hogs Receipts .■>3,000; market 10c to '2oc higher top, 58.85: bulk. $7.35® 8.60; heavyweight. $7 00@ 8 60; medium *8.15@80O: light, $7.55 @885: light lights. *7.50® 8.65: heavy packing smooth. $0.50@7: packing sows, rough. [email protected]: killing pigs. *7 @8.50. Cattle —Receipts, 20.000: market fairly active: better grades beef steers, yearling-* desirablp fat she-stock and bulls, strong; spots higher; others, canners and cutters, vealers, Stockers and feeders around steady: top matured steers. $12.65: few here to sell above sl2: numerous loads yearling*. *9.50® 10.50: over 2,000 head western, Including liberal proportion stoeUcrs and feeders: bulk heavy bologna bulls *4 5004 75: canners and cutters $2.50 @3.26: bulk vealers lo outsiders, sl2® 12.50; packers paying around sll. Sheep—Receipts. 20,000; fairly active: fat lambs weak to 25c lower: culls around steady; aged stock strong to 25c higher: early top fat western lambs. *lB 75: some higher; bulk native. *l3® 13.25. to city butchers bulk. sl3 40: culls. $9 SO® 10; fat lightweight ewes, $7.75® 8.25. EAST ST. LOUIS Aug 20.—Cattle—Receipts, 10 000 market, strong: native beef st<crs $1 0.25® 16.25: yearlings and heifers. s9® 10.35: cows. [email protected]: canners and cutters. [email protected]; calves. $11: Stocker* and feeders. s4® 6.50. Hog*—Receipts. 14 - 000: market, active heavy. sß.lo® 8.75: medium. $8.50® 8.95 lights. $8.56 @9: light lights. $7.25®9: packing sows. $0.25 @0.55: pigs. $8.75® 8.25: bulk. $8.75® 895 Sheep—Receipts. 2.500: market, lower: ewes. $3.60®6.50: canners and cutters, [email protected] wool lambs. sll @l3 50. KANSAS CITY. Aug. 20.—Cattle—Receipts. 40.000, Calves—Receipts 7,000: all killing elassse slow: quality plain, mostly range cattle: few early sales she-stock around steady, stockers and feeders fairly active; fully steady; bulk early Bales, $6 85 @9.50: veal calves strong; early top. *9.50: other calves steady. Hogs—Receipts. 12,000; around 15@200 higher to shippers: hulk desirable 1,230-pound averages at *8.25 @8.35: top, *8.40: packers holding back: packing sows mostly. *6.25 @6.35: few at $6 50. Sheep and lambs—Receipts, 7.000: active*, killing classes ateudy to strong; Colorado lambs, *l2 35: natives, *12.60; Colorado ewes. *7.75 @8; Texas wethers. *8.75. CINCINNATI, Aug. 20.—Cattle—Receipts. 1.950: market, steady; shippers. sß® 9. Calves—Market, strong to 50c higher: extras. $13.50 @ 14, Hogs—Receipts. 2 800; market, active, strong to 50c higher: good or choice packers. $8.80@9. Sheep—Receipts. 1.100: market, steady: extras. $4.50 @6. Lambs—Market, 50c higher; fair to good, [email protected]. CLEVELAND, Aug. 20.—Hogs—Re<>eipts 3.000, market, 26® 36c higher: yorkers, *9.35: mixed. *9 [email protected]; mediums, *8.75: pigs, *8.75; roughs. *0: stags. *4. Cattle— Rooeipts. 900; market, active; good to choice bulls *s@6; good to choice steers, *9 @10.76; good to choice heifers. *7® 8.50; good to choice cows, *s@6; fair to good cows. *4@s: common cows. *2@3: milkers, 535 @75. Sheep and lambs—Receipts, 900; market. 50c higher; top, *l4. Calves —Receipts. 900; market. 60c higher: top. *14.60. Business News WASHINGTON. Aug. 20.—Cotton seed received at mills during the year ended July 31, excluding reshipments, totaled 3.244,960 tons; compared with 2.923.658 tons received during the year ended July 31. 1922, the bureau of census reported today. Seed crushed during the aanio period totaled 3,241,464 tons against 3,007.717 tons crushed in the previous twelve months NEW YORK—Heavy Mexican crude oil Is now selling at 45 cents a barrel. It sold recently at 90 cents. PITTSBURGH—AII departments of the Carnegie Steel Company except the mill, will go on an eight-hour schedule today. In the mill departments some men will work ten hours. The shift affecting 20,000 men will be accomplished without shutting down a single department. The widely advertised shortage of men in this district resulted in many applications for jobs by men who came here in the hope of finding work. NEW YORK. Aug. 20.—Maintaining present rates the United American lines, jointly with Houlder. Weir A Boyd, will inaugurate intercoasta’ steamship service Sept. 8. The fleet consists of twelve ships, averaging over 10,000 tons, and will serve on the east coast Now York, Baltimore, Boston and Norfolk, and on the west coast, Los Angeles, San Francisco, Portland and SeatLa, Service will be under the management of the United American lines. PHILADELPHIA—Victor Talkink Macliine read seal recurds have been reduced 25 cents. NEW YORK—Overseas Trading Company is negotiating with the Persia* government for award of oil concessions in four northern provinces

THE INDIANAPOLIS TIMES

Evan Burrows Fontaine and Son at Play

EVAN BURROWS FONTAINE. WHO RECENTLY LOST A BREACH OF PROMISE SUIT FOR SIOO,OOO AGAINST CORNELIUS VANDERBILT WHITNEY, IS HAVING A VACATION WITH HER BOY, “SONNY,” ON THE BEACH AT ATIjANTIC CITY

NO AUTO FATALITIES IN INDIANA SUNDAY Auto Crashes and Crossing Accidents Take No Toll for First Tirre in Weeks,

Sunday passed In Indiana withou a single fatality resulting from at automobile crash or a crossing accl dent. Mrs. H. L. Denifels of Chicago was injured late Saturday when the car In which she was riding turned over on the Ocean-to-Ocean highway near Greeneastle. Her husband, a small boy and two other occupants of the car were slightly Injured, Roltert Burke, 16, Charles Baggott, 13, and William Blackburne, 15, all of Evansville were Injured when their automobile crashed Into a telephone pole near Evansville Saturday. Compare this with these totals: For the week end ending Aug. 13 eight were killed and eleven were Injured over the State In wrecks and crashes. Over the week end ending Aug. 6 four were killed and ten Injured. The SHIP RUNS AGROUND OFF LOWER CALIFORNIA \ I jives or Tldrty-two Men Kpporte*) in Danger. SAN FRANCISCO. Cal., Aug. 20. The steamer Dakotan of the American- Hawaiian line, carrying thirtytw'o men and a general cargo, has run aground off the Lower California coast, 500 miles south of San Pedro, according to S. O. S. radio advices here. The vessel waß leaking badly the radio messages said. ' The steamer Charles Pratt was reported en route to her assistance. The Dakotan sailed from Seattle for the Atlantic coast Aug. 4, and was on her way to the Panama canal when she crashed ashore. Indianapolis; Stocks —Aug. 20— , Bid. Ak. Am Cent Life 800 . . . Am Creoaotnlg Cos pfd 96 ... Belt R It com 66 ... Belt It R pfd 68% ... Cent Bldg Cos pfd 08 ... Citie* Services conj 132% 185% Cities Service pfd 63 % ... Ctt Gas Cos com 26 27 % Cit Gas Cos pfd 99 Ind Hotel com .. 100 . . . Ind Hotel pfd 100 Ind Nat Life 5 ... Ind Pipe Line Cos pfd 96 99 Ind Title Guar Cos 70 80 Indpls Ab pfd 50 ... Indpls Gas 49 52% Indpls A Northwestern pfd, . 35 45 Indpls A Southern pfd 50 Indpls St It R 60 65 Indpls Tel com 1 . . . . Indpls Tel pfd 90 ... Mer Pub Util Cos pfd 82 % ... Nat Met Cos .. . Pub Sav Ins Cos 12 ... Haul) Fcr pfd 50 ... Standard Oil of Ind 53 65 Stealing Fire Ins Cos 8 ... T H I A E com 5 T H I A E pfd 14% T H Tr 4 Lt Cos pfd 93 100 Union Trao of Ind. com 5 Union Trao of Ind Ist pfd.. 18 28 Union Trae of Ind 2d pfd. . . 0 9 Van Camp Prod Ist pfd 100 Van Camp Prod 2d pfd 100 Van Coal Cos com 2 5 Van Coal Cos pfd 11 15 Wabash Ry Cos com 7% 9% Wabash Ry Cos pfd 20% 28% Ronds Belt R S Y 4, May, '3O 80 Broad Ripple 6s , 08 Cit Gas 5s 86% 88% Cit Gas 7s 100 Cit St R R 5* 82% 85 Ind Coke and Gas 6s 90 Ind Hotel 5s ... Ind Hotel Cos 2d 6s ... Ind North 5s 49 Ind R and Lt 6s 89 94 Ind Union Trac 5s 40 ... Indpls Al> Cos 7%s 100% 102% Indpls Col & So 6s 96 100 Indpls Gaa £s 86 ... Indpls Lt and Ht 5s 94 ... Indpls & Mart 57 % Indpls North 5s . 5l 63 Indpls A Northwestern 61 % ... Indpls & 8 5s ... Ind Shelby A S 5s 62 Indpls St Ry 4s 04% 08 Indpls Trac & Term 5s 83 88 Indpls Union Ry 5s 95 ... Indpls Union Ry 4%s . . ... 95 .. . Indpls Water 5s 100 . . . Indpls Water 4%s 85% 88% Indpls Water 6%s 93% 95 South Ind Power 6s. 101 ... T H I A E 5s 72 UPnion Trac of Ind 0s 00 71 Marks Drop Again NEW YORK. Aug. 20.—The Gerrfian mark Is falling again. The quotation in New oYrk at noon was 6,260,000 marks to the dollar, this being anew record iow. Thieves May ‘Slick Up.’ M. Lucas of the Bankers Trust Company today reported $75 worth of varnish was stolen from the new home he is building at 5207 N. Capitol Ave., according to police. Thief Takes “Free” Coupons A. L. Hoffman. 413 S. Pine St., today reported the theft of twenty-nine “free" soap coupons and a S2O gold ring from his grocery Sunday, according to police.

high-* total was reached on the week ; end of the previous week when nine were killed by a Pennsylvania train j at a crossing near Terre Haute. An ! hour earlier the same train killed four | at a crossing In Illinois. On the same I week end two were killed at Columbus. I one at Newcastle and a total of five j persons Injured in crossing accidents j and automobile wrecks. ( - - - ■ OLD RESIDENT BURIED Mrs. 11. 11. Pierce Survived by Husband and Daughter. Funeral services of Mrs. H. H. j Pierce, 69, who died Saturday at her j home, 2259 Broadway,.# wore to bo I held at 3 p m. today at the home. I Burial In Crown Hill cemetery Mrs. Pierce was bom In York N Y . and formerly lived In Toledo, Ohio. I She had lived In Indianapolis thirtythree years. She was a member of the Tabernacle Presbyterian Church. Survlv- j ing are the husband, H. H. Pierce; a! daughter, Mrs. John Beale, Rushvllle, Ind.; a brother, Thoodore Stevens, Los Angejes, Cal., three granddaughters and a grandson. Marriage Licenses F. A Lane don. 21. R. F„ box 119-E.; Mary Etaen. 19. 229 Fulton. Roseoe Johnson. 20, 730 Madison; Anna Glll'-spls, 29, 520 W Norwood. H. E Dollman, 24. 112 ft Park: Grace Garrison, 24. 821 N Pennsylvania F. H. Reek, 22. 205 Detroit; Emily Barn- j hart 19, 420 Dorman. Winifred Hurt, 49. Rush County; Nina Lewis, 42 225 N Mortdlan. James Hnrri*. 32. 023 Warren; Zeila Alexander. 27, 1 438 Oliver. Orva! Leho, 21, 419 N. Delaware; Pansy MrKosky. 19. 214 Fulton. T M. O'Donnell. 2. Williams Hotel; Edna Mcstre. 19. Williams Hotel. Steve Christ. 34. 930 Ketcham, Ivana Batieta. 27, 773 Haugh A W. Burnell, 22. Clermont, Ind ; Dora Athov, 17. 1405 St Paul. E L. Casey. 29. 1151 Maderia; Katie Mosley. 21. 610 N. Senate F P. Fulton. 23. 757 N. Tremont; Blanche Proctor. 20. 729 N Tremont Marshall DeWitt. 23. 817 Coffey: Helen Richardson, 19. 1329 Churchman. Ro*"Oe Kelly, 22. 2708 Cornell: Mildred Stebbin*. 18. 2704 Cornell. B. K. Spear. 27. 2105 E. Washington; j Nina Burch, 23. 2422 N. Delaware. Samuel Doctors, 63. KirkUn. Ind.: Lenora Barnes. 60, 701 N. Tremont. Lee Arnold. 28. 1123 Amber; Elsie Youngerman. 19. 120 ft Troy. F. G Busch. 2ft. 3105 W. Washington; Gertrude Lieske. 25. 462 Berwick. HAT COMPANY BOUGHT BY NEW DISTRIBUTORS A. P. Hendrickson Hat Company, 218-220 McCrea St., founded by Alonzo P. Henderson* has become the Central Hat Sales Company. Albert Cox. purchaser, announced today. The Central Hat Sales Company will be wholesale distributors for the Tarkington hats, Marshall’s Straws and Logie caps, in addition to the stock now r on hand. Others associated with Cox: George F. Gamber, Grover Smith, Karl V. Raßfleld and Kenneth Cox. Coal Company Asks Relief The Citizens' Coal and Supply Com- i pany of Logansport today petitioned the public service commission to re- 1 stiain seven railroad companies from; charging alleged excessive freight rates on coal and asked the commission to order the companies to make reparations on excessive charges. Prowler leaves Money Officers of the International Harvester Company, 311 S. Missouri St., were ransacked during the weekend, William Smith, colored, 1710 andes St., janitor, told police today. A money box was opened, but no money taken. Pocket Picked on Street Car Thomas Harvey, 826 W. Eleventh St., told police his pocket was picked on a S. Meridian street, car. He lost a bill fold containing 7 cents and a check for $22.72 drawn on the city controller. Police Find No Prowler Police emergency squad, In cluirge of Sergt. Dean, searched the neighborhood early today but failed to find a prowler seen by Mrs. A. G. Siefer, 4015 Ruckle St. He had a flash light. Raw Sugar Market By United Financial NEW YORK, Aug. 20. —The raw sugar market opened lower. September, 3.03 @ 3.940: December, [email protected]: March, 342 @3.43c: May, 3.52 c. Cloverseed Market Clorerseed wu quoted at_*7@lo a bu. j in Indianapolis. ■

OFFICIALS MOVE TO PREVENT MORE • ANTI-KLAN RIOTS Knights of Flaming Circle Is New Organization at Steubenville, 0, By United Pres* STEUBENVILLE. 0., Aug 20. Possibility of further strife between the Ku-Klux Klan and the anti-Klan factions was seen here today with the formation of the Knights of the Flaming Clrcl^. Although those supporting the new society will not talk regarding the purposes of the body, it is pointed out that men known to bo opposed to the invisible empire are behind it. Both city and county officials today, under specific orders from Governor Vic Donahey. are taking every precaution against recurrence of fighting as an outgrowth of last week’s rioting when fifty persons were severely beaten in a fight between klan and antl-klan forces. Mayor Frank Hawkins has announced that the city council tomorrow night will be asked to pass ordinance prohibiting all public meetings until feeling between the factions has subsided. There were no outbreaks over the week end and authorities today said they believed the situation was well In hand. LOCAL BAPTISTS TO MEET Indianapolis Association Mill Begin Two-Day Session Tuesday. A two-day meeting of the Indianapolis Baptist Association will begin Tuesday at Brookfield. Ind. The sessions will close Wednesday afternoon, following an address on “An Enlarging Vision," by the Rev. T. J. Parson of Indianapolis. Among local Baptist leaders who will take part are the Rev. C. M. Dlnsmore. the Rev. F. A. Hayw'ard, the Rev. Leßoy James. Miss Marjorie Garnian. the Rev. James R. Quick, the Rev. G. C. Chandler an.l the Rev. O. R. McKay. The Rev. H. Farr Waggoner of Crooked Creek will preach the introductory sermon at 10:45 a. m. Tuesday. Fred Weise, acting moderator, of Cumberland, Ind., will preside at all sessions ** ASSESSMENTS APPROVED Board Plaza's O. K. on Marion County Figures of $73,872,475. Approval of the $73,872,475 assessments fixed thi.' year by the Marion County board of review was received today by County auditor Leo K. Fesler In a letter from the State tax board. The board of review assesses only the personal property of corporations. The total for this year an increase ofsl,118,133 over last year’s figures, Fesler said. RIVER ‘VICTIM’ SMILES Rol>ort Phillips Tolls of Ride in launch While River Is Dragged for Body Very much alive, Robert Phillips, 587 Hfftly Ave., today described the ride he had in the launch "Sunbeam," while Ravenswood officials dragged White River for his body Saturday night. r Phillips was riding In a canoe with Ora Webb, 29, of 534 Warren Ave., oposite Ravenswood, when It collided with the "Sunbeam.” The canoe wes smashed. Webb swam to shore. Phillips . was picked up by the launch. Unaware of this, Charles Carver and Thomas Matthews, Ravenswood officials, searched, for Phillip’s body. Woman “Visits” Judge Katie White, colored, living in the rear of 1442 N. Senate Ave., faced Judge Delbert O. Wllmeth In city court today charged with operating a blind tiger. Lieut. Cliff Richter and squad said they found three half pint* of liquor and several “empties.” Brick Used in Argument William Butler, 16, colored, of 706 H W. Twenty-FoiA-th St., is In the city prison today charged with assault and littery with intent to kill. Police say he hit Carl Reed, colored, 2331 Paris Ave., on the head With a brick during an argument.

LAW BREAKERS MIGHT ‘MAKE HAY’ JUST NOW Maybe They’d Better Not, Though; It’s Only a Brief Vacation Marion County is almost without a prosecuting attorney, due to vacations. Numerous callers desiring the sheriff to escort wandering husbands home from other cities or suspicious of the contents of a neighbor’s cellar were Informed by the stenographer they would have to return later. William P. Evans, prosceutor, is in the northern part of the state whir? Daniel White, grand jury deputy, and J. Burdette Little, city court deputy, began their recreation today, as did Claude M. Worley, special investigator. Little’s place is being filled by William Remy, criminal court deputy, who has been in charge of the main office during Evan’s absence. ATTORNEYS MAP MOVES TO FIGHT BOND BLOCKERS Reginald Sullivan to Represent Education Department. Final plans for the fight to get Indianapolis school children out of temporary shacks, basement rooms and portables were completed by the board of school commissioners today. Wednesday the State tax board will conduct a hearing to determine whether fourteen persons said to be taxpayers, only one of whom has children attending public school, according to school records, will be permitted to block a bond issue of $1,650,000 for the erection of new buildings and additions at eight schools. Reginald H. Sullivan will represent the school board at the hearing in place of Frank B. Ross, attorney for the board, lt was announced today by Dr. Marie Haslep, president. Ross in Conference Ross, although ill, came to Indianapolis from Lake Maxinkuckee, where he is spending the summer, and held a long corference Sunday with Dr. Haslep and Adolph Emhardt, board members and Sullivan. He returned to Maxinkuckee today. Strong sentiment in favor of the school board receiving bids before the l>ond issue Is approved was understood to exist among members of the tax board. R. O. Johnson, business director, said he feared this would result in fewer bidders and higher bids as contractors would hesitate to bid unless they were certain that contracts would not be held Indefinitely. Buildings Chief Interest Board members said that the one thing they were Interested in was getting a building program which would get some of the 5,000 school children attending schools In makeshift quarters Into decent, modern, fireproof buildings. They pointed out that it now has l>een more than two years since school building operations were brought to a halt by refusal of the tax board to approve a bond issue for four buildings on remonstrance of ten members of the Taxpayers League of Indiana. Since that time the school population has been Increasing at the rate of 1,200 to 1,500 a year, and lt has been necessary to add portables and adopt other makeshift means of caring for pupils. When school opens next month there will be 120 buildings of this character, housing about 160 classes.

LOGANSPORT BURIAL SPOT Mrs. Katherine Glockler Dios at Homo of Son Here. Short services for Mrs. Katherine Glockler, *2. who died Sunday at the home of her son, Frederick Glockler, 1730 Lambert St., were to be held at 4 p. m. today at the son’s home, after which the body was to be taken to be taken to Logansport, Ind. Services will be held there at 2:30 p. m, Wednesday at the home of her brother, George Westmiller. Burial will be in Mt. Hope Cemetery. She is survived by the son and four daughters. Miss Katherine Glockler, Mrs. Mary Kiner, Mrs. Margaret Carroll and Mrs. Agnes Hoekzema, all of Chicago. WAY TO ‘GET IN SWIM’ Red Cross to Give Exhibition Lessons During Aquatic Meet. Exhibition lessons in swimming and life saving will be given by the Red Cross Life Saving Corps at Broad Ripple swimming pool each day of the National Amateur championship meet, which opens there Thursday for three days. Instructors: D. Melville Carr, superintendent Indianapolis Red Cross Life Saving Corps and swimming coach at the Hoosier Athletic Club, assisted by King Loughridge and Earl Diettrich. Mrs. Beulah Heid and Miss Rowena Smith will give an exhibition on a ten-foot diving board, showing what actually takes place under water when a drowning person is rescued. Valuation Is Asked The Richmond Home Telephone Company, serving the city of Rich mond and the towns of Boston and Spring Grove, in Wayne County, today petitioned the public service commission to place a rate-making valuation on all the company’s properties. The company claims a valuation of $860,000. Roommate and $74 Gone A. L. Dunn, 22 W. Washington St., told police his roommate left the house at 5:45 a. m. today. When Dunn arose later be 'found $74 belonging to his employer, the W. H. Block Company, missing from his trousers pocket, police said. Suit Is Stolen Frank Wetzel, 118 E. Vermont St., told police today someone entered his room and stole a $45 suit of olotAs.

CUV OFFICIALS 10 COMBINE AGAINST BUDGET REDUCTION Heads of Departments Hold Conferences on Dangers Threatening LevyHeads of the city departments today joined in the fight against any further cuts in the city budget, under consideration of city * council. Mayor Shank has appealed to citizens, through organizations, to save the piesent levy, $1.02. Although department heads have not been asked to attend either of two conferences scheduled this week, councilmen were closted with various officials at city hall today, with the budget the chief point of discussion. A conference is scheduled Wednesday night between Chamber of Commerce officials and the council finance committee in the office of councilman Walter Wise. Another meeting Thursday will include the boards of safety and public works. Reports that the board of health would go to court for an increased levy could not be verified. The department’s request was cut from 12 to 7 cents, a difference of $310,000 in expected money for 1924. Park Board Opposed The park board will also oppose any reduction in the park or recreation funds, officials said today. At the office of Fire Chief John J. O’Brien a reduction of SIIO,OOO In the department request was causing readjustment of the 1923 program. Mayor Shank said a transfer from the general fund might be needed to purchase needed supplies. Despite Mayor Shank’s declaration several weeks ago that he did not want the civic affairs committee of the Chamber of Commerce to pass upon the budget William Fortune, head of the committee, today said: Will Go All the Way “The committee will go ay the way with Mayor Shank In trying to do what Is best for Indianapolis.” This followed the mayor's appeal to civic organizations to urge the council not to cut the tax levy further. "The mayor’s general slashing of the budget is evidence of his disposition to hold dotvn expenditures, even at the risk of Inadequate provision for needed public service,” said Fortune. “He is to be cortimended for even going to extremes on the side of economy. This establishes a good starting point for consideration of what more may be needed, and there should be Intelligence and courage in providing for whatever is really needed. Fortune suggested that the city controller Issue quarterly statements of the city’s financial condition.

JOHN MALONEY RITES TO BE HELD TUESDAY Funeral for Veteran Newspaper Employe at St. John’s Church. Last rites for John Maloney. 72. veteran employes of the Indianapolis News, who died Saturday at his home, 1021 Church St., will be held at 9 a. in Tuesday at St. John’s Catholic Church Burial wil lbe in Holy Cross cemetery. Services will be held at 8:30 a. m. at the residence. Mr. Maloney was bom Feb. 3, 1850. in Madison, Ind. For many years he lived in St. Loius, Mo. In 1875 he came to Indianapolis, where he engaged in newspaper work. He was a member of the Typographical Union and the Old-Time Printers’ Association of Indianapolis. He is survived by five sons, Daniel, George, James, John and William Maloney; three daughters, Nellie, Sadie and Mary Ma.oney, and two sisters, Ella and Sarah Maloney, all of India napolis. DOLPHINS GET PUBLICITY Holograph to Carry Announcement of Swimming Event. To boost the national championship swimming meet the motograph on “Daylight Corner" will carry a message beginning tonight as follows: “The world’s greatest swimmers and divers will 'compete for American honors in the national championship swimming meet at Broad Riple pool Aug. 23, 24 and 25, under the auspices of the Chamber of Commerce —John B. Reynolds, general oecre tary.” C. E. CALDWELL FUNERAL Last Rites for Hemorrhage Victim to Be Held Tuesday, Funeral services of Charles E. Cald well, 58, who died at his home, 1057 W. Twenty-Seventh St., Sunday, following a hemorrhage of the brain, will be held Tuesday, 10 a. m. Burial will be In Old Union cemetery, eleven miles south of Lebanon, Ind. Mr. Caldwell was a carpenter. He lived in Indianapolis eighteen years. He was born in Boone County. Surviving are his widow, Mrs. Scena Caldwell, and one son, Clyde Caldwell, both of Indianapolis. W. J. DEFIBAUGH BURIED Aged Citizen I-aid to Final Rest in Indianapolis. Services for William J. Defibaugh. 78, who died Friday at his home, 3602 N. Capitol Ave., were held at 1:30 p. m. today at Shirley Bros, chapel, 946 N. Illinois St. The Rev. Charles E. Bacon, pastor of Capitol Avenue M. E. Church, officiated. Burial was in Crown Hill cemetery. He is survived by a son, Charles E. Defibaugh, a brother, Thomas J. Defibaugh of Wheeling, W. Va., and a sister, Mrs. Matilda Berry, of Terre Haute, Ind.

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