Indianapolis Times, Volume 35, Number 87, Indianapolis, Marion County, 22 August 1923 — Page 11

WEDNESDAY, AUG. 22, 1923

INDUSTRIALS SWING •INTO NEW UK IN STREET TRADE Coal Situation Unsettles Market in Early Deals —Reaction Short Lived. STEEL COMMON LEADS Operators Believe Country Better Prepared to Meet Strike Than Ever Before. The WALL STREET JOURNAL NEW YORK, Aug. 22.—Disruption of the anthracite conference which was announced after the previous close, had an unsettling effect on the early dealings on the stock exchange today. Prices among the industrials were generally lower. Baldwin lost a full point to 420%. Gulf States Steel, 1% to 79%, Studebaker, % to 106%. and Bethlehem, % to 62%. Coolidge's confidence that a will be reached bfore the o*d wage agreement expires, served as an offsetting influence and the reaction In the general list made no threat of becoming serious. First Hour Apprehension over the anthracite j labor troubles quickly waned when the • industrial leaders threw aside their early Irregularity and swung into a renewal of the forward movement. Initial losses were readily wiped out and fresh ground was gained under leadership of Steel common, which went into new high ground at 92%. Wall Street is not paying much attention to the possible strike, because it -expects one every year. The country is bettdr prepared for a coal strike this year than ever before. Second Hour

Stocks developed increasing momentum on the recovery. Traders who had a short position In the early dealings expecting the threatened anthracite strike to produce a sizeable reaction. found themselves facing losses. Experienced observers characterized the way offerings were absorbed as one of the year's most forcible demonstrations of technical strength. One big operator said that never before had he been able to find a borrowing demand for all his long holdings. Twenty active industrials Tuesday averaged 79.31, off .22; twenty active rails averaged 92.18, up 47. £ Local Bank Clearings bank clearings Wednesday were S3.116.000; bank'debits were $6,508,000. New York Money Market By United Financial NEW YORK. Aug. 22.—Commercial paper market is quiet with r&tee unchanged at 114 per cent. While '■ffering* ol paper are small, dealers say it will require heavy support to cause an increase of present rate. Time money market conditions dull. Bulk of loans arc made at 514 per cent. Supply of funds is about equal to demand and no change in rate < expected in the near future: Foreign Exchange By United Financial NEW YORK. Aug. 22.—Foreign exchange opened steady Sterling—Demand. $4.5514; cables. $4 55%. Francs—Demand. 6.63 c; cables. 5.63 He. Lire—Demand. 4.32 c: cables. 4.3214 c. Belgian—Demand. 4.48 c; cables. 4.4814 c. Marks—s.ooo.ooo to the dollar. Czecho —Demand. 2.9314 c; cables. 2.93 %e. Swiss—Demand. 18.08 c: cables. 18.10 c. Guilders—Demand, 30.35 c: cables. 35.37 c. Pesetas—Demand. 13.27 c; cables. 43.29 c. Swedes—Demand, 26.58 c; cables, 26.60 c. Norway—Demand. 16.33 c; cables. 16.37 c. Denmark—Demand. 18.62 c; cables, 18.66 c

Business News

NEW YORK. Aug. 22.—Sentiment in investment and speculative circles is more optimistic regarding the steel stocks The new steel business is considerably below production. The four months' slack in buying was not particularly harmful. Companies had sufficient back log to justify a high rate of operations throughout the dul period and were able to maintain prices. If the improvement in buying continues, as trade authorities believe. manufacturers will reap large profits in the half of the current year. KLENA, Aril.—Cotton yield in this mnSm ntry wil be at least a third less than estimated. Growth is decreasing *Qd there is iittle fruit. 801 l weevils have taken everything above the bottom growth. ' Labor is scarce and considerable acreage will be abandoned because of being arnoth- . ered by grass. MONTREAL—Canada's foreign trade for the first four months of the current fiscal year, April to July, was 5624.000.000 compared with $484.000.000 for the corresponding period of 1822. Imports were $314.000.000. compared with $230,000 in 1922. and exports $305,000,000 against $243,000.000. NEW YORK—In common with traffic .clubs throughout the country, the traffic club of New York will vote, at its next meting, on a resolution calling, for an amendment ta the X. C. C. act. giving the commission authority to govern shipping in the United States just as it now governs railroad transportation. The resolution will ask that the amendment give authority over river, canal. Great Lakes and intercoastal water transport. BERLlN—Exchaneelor Cuno intends soon t?r go to the United States, to renew •friendly relations between the Hamburg American and Harrlir an steamship interests. the Hamburger Fremdenbiatt says. The flxchancellor's visltt will have no politicial significance the newspaper said, adding it is not imposible Cuno will return to active work in the Hamburg-American linen In some capacity, even if not in his old post as director general. The Berliner Tageblatt said it was again informed Cuna might succeed Or. Otto Wledfeld as ambassador in Washington. Grain Briefs CHICAGO. Aug. 22.—“ We do not anticipate any sharp sustlined advance in wheat prices until September deliveries are absorbed.' said S. C. Harris of Cross. Roy A Saunders. "The market, however. Is giving an excellent account of Itself and showing remarkable powers of absorption." * Kansas City traders yesterday reported an excellent demand for corn from the East and which absorbed moat of the There was some feeling of unrest among wheat traders today on reports of frost In three western Canadian and Northwest sections. Should the reports be confirmed, shorts are expected to cover rapidly and sustained higher prices may be counted on. , Export sales of wheat in all position i Tuesday were 250.000 to 300.000 bushels. , Monday's sales were 500.000 bushels. Including 150.000 hard winters and the remainder . Manitoba*. SC- Lake rates on wheat of 7c from Chicago j to Mor.tr**; are the lowest of the season ; and compare with 7k. U. m.

I New York Stocks I —Aug. 22 Railroads— Prev. High., "jow. 1:46. close. Atchison 9614 ... 9014 9614 B A O 4914 ... 49 49 % C A 0 60 ... 60 69 % CRIAP. ..8314 2314 23% 23% Gt North pfd 56% 55 6 6% 58% N Y Central. . 99 98% 98% 98% North Pac... 68% ... 57% 57% Pere Marq... 43 % 43 % 43 % 43 Beading 75% 75 75% 75% | Southern Pac 87% 87 87% 87% St Paul pfd.. 27 26% 27 26% Union Pac ..130% 130% 130% 130% Wabash pfd. 27% ... 27% 27% Rubbers— Kelly-Spring.. 31% 30% 31% 31% U 8 Rubber. 40% 39% 40% 40% Equipments— Am C and F.186 164% 166 163% Am Loco 75% 73 % 74% 73% Baldw Loco. .123% 120% 123% 121% Gen Elec ...180% 179% 179% 179% Lima L0c0... 06, 84% 66% 04 Weeth glee.. 80% 59% 59% 59% Steels— Bethlehem... 52% 62% 52% 52% Crucible 67% f:O% 07% 07% Gulf States 82% 70% 82% 81% R. Iron A S . 49% 48 49 48% U 9. Steel.. 92% 92% 92% 02% Vanadium... 33% 32 $4 38% 33% Motors — Chandler I*. 63 58% 58 52% Max M (A) 44% 48% 44% 43% Studebaker ..107% 105% 100% 106% Stromberg .. 70% 70% 70% 70 Stewart-W... 92% 90% 92 91% Timken 40 38 % 39% 38% Minings— Gt. Nor. Ore. 32 31% 31% Coppers— Am. Smelt... 39% 69% 59% Anaconda ..41% 41% 41% 41% Kennecott... 35 34 % 35 34 % Oils— Cal. Petrol... 20% 20% 20% 20% Cosden ... 31 % 31 % 81 % 81 % Marland OU. 30% 29% 29% 20% P.-Am. Pete 60% 59% 60% PA P. (B) 68% 57% 57% 59 Phillips Pete 24% 23% 24% Pro. A Ref.. 27% 25% 26% 20% Pure Oil 17% 17% 17% 17% S. Oil of Cal. 50% 50% 50% 50% S. 0U of N. J. 33% .... 33% 33% Sinclair .... 22 21 % 21 % 22 Texas 00 42 .... 41% 41% Industrial*— Allied Chem. 07% 06 67% 66 A inert Can... 100% 98% 100% 98% American Ice. 97 96 96% 95 W Am Woolen.. 80% 86% 85% 80% Cent Leather. 18% ... 18% 18% Coca-Cola ... 78 % ... 77 % 77 % Cont. Can... 47 40 % 46 % 48 % Fam Players. 74% A. 73% 74 Gen Asphalt. 28% 28 ... 27% Int Harvoeter 76 75% 76 75% Mont A Ward 20% ... 20% 20% Owen Bottle. 44% 43% 44% 43% U S Ind Aloo 49% 48% 49% 48% Utilities— • Am Tel A T. 123% 123 123% 123% Consoli Gaa.. 02 % 62 62 % 61 % Columbia Gaa 35 % 34 % 35 % 34 % Shipping— Am Int Oorp. 18% 18% 18% Int M M pfd 22 ... 22 22 Foods Am Sugar.. . 61 59 % 61 59 % Corn Prod... 129 127% 128% 127% CC Sugar pfd 40% 39% 40 39% C-Am Sugar. 26% 25% 20 25% Punta Alegre. 48 % ... 48 % 47 Tobacco*— t Tob Prod B. 65% 55 55%

WHEAT SLIGHTLY HIGHER IN TRADE 1 # Weather Brings Fractional Jump—Corn Irregular. By United- financial CHICAGO. Aug. 22.—Grain prices opened irregular on the Chicago Board of Trade today. Wheat was unchanged to fractionally higher at the outset in response to higher prices In Liverpool and reports of extreme cold weather In Western Canada. Authentic reports however, Indicated was no frost, and some realizing developed on the moderate bulge. Receipts >were 300 cars. * Corn was irregular. September started slightly easier due to moderately Increased country offerings and the heavy short covering of Tuesday's trade. The deferred deliveries, however, maintained a strong undertone on reports of light frost In parts of lowa and general indications of unfavorable weather over most of the belt. Receipts were 120 cars. Oats showed an inclination to follow the signs of strength in wheat. Trading was light. Receipts, 130 cars. Provisions opened about steady and I then declined slightly despite higher hog prices at the Chicago yards. Chicago Grain Table —Aug. 22WHEAT— Prev. Open. High. Low 12:45. close. Sept. .1.00 1.00% .99% 99% 1.00 1.00% 100% Dee .1.04% 1.04% 1.04 1.04 1.04% 1.04% May .1.10% 1.10% 1.09% 109% 1.09% 1.10% CORN— Sept. . .86 .85% .84% .84% 85 ■84% .85% Dec . 66% 66 .66% .66% .65% .65% May . .07 .07 .60% .00% .60% .06% .80% OATS— / Sept. . .38% .38% .38% 38% .38 Dec . 39% .39% .30% .89% .39% May .42% .42% .42 .42% .41% CHICAGO, Aug. 22.—Car lot receipt*: Wheat. 543; corn. 182: oata. 167: rye, 11 CHICAGO. Aug. 22.—Primary receipt*: Wheat, 2,004.000, against 2,190,000; com, 766.000, against 934.000; oata. 1.109.000. against 1,049.000. Shipment*: Wheat, 1.228,000. against 1,982.000; com, 460,000. against 489.000; oata, 685.000. against 860.000. Cash Grain INDIANAPOLIS, Aug. 22.—Total receipts for the day. 129 cars. Grain prices quoted f. o. b. basis, 41 %c to New York. The bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Through billed firm: No. 2 hard, 93 094 %o; No. 2 red. 92@93%c. Com—Strong: No. 2 white, 83 085%c; No. 3 white. 82%@850: No. 2 yellow, 84 086 c: No. 3 yellow. 83%086%c: No. 2 mixed, 83@84%c; No. 3 mixed. 82%@840. tads—Strong: No. 2 white. 37<g38He: No 3 white. 86 % 0 37c. Hay (new)—Firm: No. 1 timothy. $19.50 @2O; No. 2 timothy. $19019.60; No. 1 clover mixed, $18.60@19. Old hya $lO 1.60 over new. —lnspections Wheat—No. 2 red, 6 car*; No. 3 red, 18 cars; No. 4 red, 10 cars; No. 2 hard, 1 car; No. 3 hard, 2 cars; No. 4 bard. 1 car; No. 4 mixed. 1 car: sample. 2 cars. Total. 40 cars. Com—No. 2 white, 2 cars; sample white, 1 car; No. 1 yellow. 2 cars: No. 2 yellow, 14 cars; No. 3 yellow, 1 car: No. 1 mixed, 1 car: No. 2 mixed. 1 car. Total. 22 cars. Oats—No. 2 white. 3 cars; No. 3 white. 43 cars: No. 4 white, 8 cars: sample white, 2 cars. Total, 66 cars. Rye—No. 3, 8 cars; No. 4, 2 cars. Total. 10 cars. Hay—No. 1 timothy, 1 car. Total ,1 car. Damages of $5,000 Asked Alleging that B. W. Helman, 609 W. Thirty-Second St., ran his automobile into a buggy in which Perry E. Hinson. Morgan County, was riding, Hinson today filed suit in Superior Court for $5,000 damages for personal Injuries. The accident occurred March 31, on the Dixie Highway near Mar-

HOG PRICES MAKE RISE ON EXCHANGE Top Price for Porkers Is $9,50 —Calves Lower, Hog Prices Day by Day Aug. 260 300 lbs 200-226 lbs. 160-180 lbs. 10. 8.260 8.65 8.25® 9.00 9.00® 9.25 17. R.IO® 8.50 8.50® 8.75 B.Bo® 9.10 18. 8 85® 8.50 8.60 0 8.75 9.00® 9.15 20. 8.50® 8.80 9.00® 9.25 9.25® 9.85 21. 8.60® 875 8.85® 8.90 9.00 ® 9.25 22. 8.603 8.85 9.00® 9.30 9.35® 9.50 With light receipts and a heavy demand among both shippers and packers, the prices of hogs made a 25-cent leap upward on the local livestock exchange today. Good heavy hogs were sold for $8.60 to $8.85. Mixed hogs of the better classes ranged In price from $9 to $9.30. Choice specimens, weighing In the 160 to 180 pound class topped the market at $9.86 to $9.60, up 25 cents from Tuesday's top of $9.26. The' bulk of sales ran the gamut from $8.86 to $9.40. brought $8 down for light animals, and $7 down for heavier specimens. Pigs were sold from $8 down. Receipts were light at 8,000, with 572 held over from Tuesday’s market. The cattle market was steady. Good steera were quotably $10.60 to sl2. But buyers reported few animals In the pens which rated top prices. Choice heifers were sold up to $10.50. Cows ranged from $4 to $5. Bologna bulls brought $4.60 to $6. Canners sold as high as $3.50. Receipts were 1,000. A drop of 50 to 76 cents prevailed in the cajf market. The bulk of sales of good animals ranged between $7 and sl3. A few exceptional calves brought a top price of $13.50. Receipts were 1,000. In the sheep lane the mirket was strong. The sheep top was $6. Lamb top was $12.50. About 400 animals were in the pens. —Hogs—--150 to 200 lbs $ 9 35® 9.50 Mdium .on<* 9 30 Heavy 8.60 & 8.85 Top 9.60 Pigs 7.75 0 800 —Cattle— Packing cows $ 0.50® 7.25 Few choice steers ... 10.50012 00 Prime corn-fed steers. 1.000 to 1.800 lbs 9.00@ 9.50 Good to choice steers, 1,000 to 1.100 lb* 8.50® 9 00 Good to choice steers. 1.000 to 1.200 lb* 750 ® 800 Good to choice steers. 1,000 to 1,700 lbs 7.50@ 8.00 Common to medium steers, tOO to 1.000 lbe 7.25® 7.50 —Cows and Hrlfm— Choice light heifers ...... $ 9 00010 50 God light heifers 7 253 900 Medium heifers 000 3 7.26 Common cows 6 00® 0.00 Fair cows 4 00® 5,00 Cutters 2 75® 8.26 Canners 2.60® 3.00 —Bulls— Fancy butcher bulls 5 6 000 5.60 Good to choice butcher bulls 6.000 560 Bologna bull* 4AO@ 500 —Onl to— Choice veals $12.00 ® 13.50 God veals 1100013.00 Medium veals 7.00010 00 Lightweight veals 7.50® 8 00 Heavyweight veals 700 3 760 Common veals 7.000 750 Common heavies 8 00® 7.00 —Sheep and Lamb*— Cull* $ 2.25® 3.35 1 Good to ehntee ewes 3.00 0 000 Few choice lamb* . . . . 10.60 a 12.50 Heavy lambs 9.00 310 00 Cull lambs 6 00® 7 60 Other Livestock Bit United Financial CHICAGO. Aug. 22.—Hogs—Receipts. 22.000; market. 10c higher: top. $0.0": hulk. $7.1538.20: heavyweight, $7903 8.75: medium $8.4539: light. $7 05 0 0.05; light lights. $75008.85, heavy packing, smooth. $6.003 7.16: packing sows, rough. $6.35 3 0.00; killing pigs $70835 Cattle—Receipts, 13.000: maket, most killing classes around steady: top matured steers held above sl3: sl2 paid for best yearlings: numerous loads steers. $l2O 12.00: bologna hulls strong to 15c higher; vealsrs 25c higher; Stockers and feeders steady; bulk heavy bologna bulls. $4.65 @5. Sheep' —Receipt*. 20 000 market, desirable fat lambs and culls around steady; aged stock steady to weak: feeding lamb* strong to 25' higher mo t western lambs to killers 513.50 313.86: bulk desirable natives. $13013 10: culls. $9.50010: mixed wethers Including yearling*. CINCINNATI. Aug 32—Cattle—Receipts, 600; market steady; shippers $9.50010.60. Calves—Heiwipta. none; market 60c lower, extras. $13313.50, Hogs—Receipts. 6,000; market 10c higher- good or choice packers, $9 25 3 9.55 Sheep—Receipts. 5*000: market steady extras. $4 500 6 Lamb*—Rv ceipU. none market steady, galr to good. sl4 14.50. EAST BUFFALO. Aug. 22.—Cattle—Re ceipts, 100: market fairly active, steady; shipping "terra. $lO @l2; butcher grades, sh@o: cows. $2.6036 50. Calves—Receipt". 225: market fairly active. 25c lower; culls to choice. $3.50 014.50. Sheep and lambs—Receipts. 400; market acitve, steady; choice lambs, $l4O 15; culls to choice, $8 013.50: sheep, $3 @8 50. Hogs—Receipts, 4,800; market active, steady, 25c lower: Yorkers. $9 5009 75: pigs. $9 2509.60; mixed, $9.5009.00: heavies $8.5009.25; rough $6 0 0.75 stags, *4.60 0 5

Indianapolis Stocks —Aug. 22 Bid. Ask. Am Cent Life 200 1 ... Am Creosoting Cos pfd 90 ... Belt R R com 60 Belt R R pfd 52% ... Cent Bldg Cos pfd 98 ... Cities Service com 132 135 Cities Service pfd 63% 06 Clt Gas Cos com 20 ... Cit. Gas Cos pfd 99 ... Ind Hotel com 100 Ind Hotel pfd 100 Ind Nat Life 5 ... Ind Pipe Lliia Cos pfd 05 98 Ind Title Guar Cos 70 80 Indpls Ab pfd 60 ... Indpls Gas 49 52 % Indpls A Northwestern pfd. . 35 45 Indpls A Southern pfd 60 Indpls St R B 69 06 Indpls Tel com 1 ... Indpls Tel pfd 90 Mer Pub GUI Cos pfd . 82 % ... Nat Met Cos j. Pub Sav Ins Cos 12 ... Rauh Fer pfd 60 ... Standadr Oil of Ind 62 64 Sterling Fire Ins Cos 8 ;... T H I A B com 1 5 T H I A E pfd 14% T H Tt and Lt Cos pfd 91 Union Trac of Ind com 6 Union Trac of Ind let pfd. ... 30 Van Camp Prod Ist pfd ..... .. 100 Van Camp Prod 2d pfd 100 Van Coal Cos com 2 6 Van Coal Cos pfd 11 16 Wabash Ry Cos com ... Wabash Ry Cos pfd 26 28 • Bonds Belt R S Y 4s. May, '30.... 80 Broad Ripple 6s 68 Cit Gas 5s ... Cit Gas 7s 100 Cit St R R 5s 82 86 Ind Coke and Gas 6s 88% 93 Ind Hotel 5s 90 ... Ind Hotel Cos 2d 0s 99% Ind North 6s 49 Ind R and Lt 5s 94 Ind Union Trac 6s 40 ... Indnls A bCo 7%s 100% 102% Indpls Col i Bo 6a 96 100 Indpls Gas 5s 86 ... Indpls Lt and Ht 6s 94 96 Indpls A Mart 67% 01 Indpls North 5 . . 61 64 Indpls A Northwestern .... 61% 64 Indpls A S 6s .... -j . . 40 Ind Shelby A S 6s . 62 Indpls St Ry 4s 40 Indpls St Ry 4s 04 % 08 Indpls Trac A Term 6s 83 88 Indpls Union Ry 5s 95 ... Indpls Union Ry 4%s 95 ... Indpls Water 6s 100 Indpls Water 4%s 85% 88% Indpls Water 5%s 93% 96 Soath Ind Power 0s 101 T H I A E 5e 07 72 Union Tr caof Ind 6s 66 71 Sales SI,OOO Indpls Lt and Ht os at .95. Local Hay Market

THE INDIANAPOLIS TIMES

NEW YORK CURB MART DEVELOPS IRREGULARITY Standard Oils Below Previous Close Indicate Further Sag. By United Financial NEW YORK, Aug. 22.—Irregularity developed in the curb market during the forenoon dealings today with the list generally off under light trading. Only a few industrials appeared up to 11 o’clock, coal issues were absent, reflecting hesitation of traders in face of the breakup of the anthracite conference. Standard Oil issues were genorallybetlow the previous close, indicating a tendency to sag further. Standard Oil of Indiana was down to 52%, off % and Vacuum lost % to 44%. New York was off • and them was a 3 point recession in Magnolia. Prairie Oil & Gas was steady at 176 while Indiana Pipe Line was up %. Swan & Finch apeared at .32 and Mutual at 8%, off %. Cities Service was off 1 at 133. The motors were about the only other active department, Cleveland being quoted at .29, unchanged, Durant at 40%, unchanged, and Reo after Opening at .18 got down to .1774. Gillette Safety Razor was a quarter point bettor at 2.53%. M’BRIDESTMS DN REMISSION Dollings Receiver and Attorney at Anderson. Establishment of harmony among stockholders and creditors of%the Anderson Foundry and Machine Company of Anderson, a subsidiary of the R L. Dollings Company of Indiana, was the object of a visit made to Anderson today by Bert Mcßride, receiver of Dollings’ interests in In- - diana, and his attorney, Harold Taylor. Mcßride was notified by Winfield T. Durbin, former Governor of Indiana, and reeelvor of the Anderson concern Tuesday that an effort was being made to have creditors of the ; company throw it into bankruptcy. Mcßride has taken the attitude from j the first that the salvalon of stock- i holders of various Dollings Interests depended upon reorganization and not j upon liquidation. His investigations showed, he said, that many of the companies could be operated profitably j if properly organized. Immediately upon arrival at Anderson Mcßride and Taylor were to hold a conference with Durbin, it was said. [

Produce Markets

CLEVELAND. Aur 22. —8 p t ter—Extra in tubs. 48@50c; prints 49% @SOHe; firsts. 47 049 c. packing - stock, 30 @ 32c. Eggs—Fresh gathered northern extras 32c: Ohio firsts. 36c; westren firsts, new case*. 20c. Poultry—Heavy foul*. 26 0 27c; light fowls. 18 0 21c. cock*. 15 017 c; broiler*. 32 0 36c. ducks, springs. 20® 93c- Potatoes —Virginia cobblers. $5 @5.75. $4 05 per 160 lb* NEW YORK. Aug. 22—Flour —Dull and unchanged Pork—Steady: mess. $24,50 0 25. Laid—Firmer; middle west spot. sll6OOll 70. Sugar—Raw, steady: centrifugal, 90 test. 6 81c; refined, steady; granulated, 750 0 7.60 c Coffee —No 7 on spot, 10@10%e: Santos, 14015 c. Tallow —Firm: special to extra 6%®70; city. 6% @o%c, Dressed poultry—Fasy: turkeys. 1 25 030 c chickens. 23<it42 fowls. 14 0 31c; ducks. Long Island. 25c Live poultry / —Firm: geese. 10c: ducks, 14027 c; fowls, 24 0 29c turkeys, 20c: rosters, 16c broilers. 24® 30c. Chee*e—Firmer; state whole milk, common to special*. 22 087 %e; state skims, common to spec alls, 10 018 c NEW YORK Aug 22.—Butter—Quiet: Receipts. 12.082: Danish. 44045 c; Argentine. 38%@39c. (S-earnery, extra, 44% 0 460: special market, 45% ® 40c; State j dairy, tube. 30044 c. Eggs—Steady re ; ceipts. 32.244; nearby whites, fancy. 53 0 65c: nearby State whites, 32 0 53c. fresh first* to extras 28@38c: Pacific const. 34 @4Ba; western white, 39053 c; nearby i brown*. 38@51<s. CHICAGO. Aug- ‘22.—Buttrr—Receipts, 9,162: creamery extra 41 042 %c standards, 4'2%0: firsts. 38% @4oe; seconds, 37%<j. Kggs—Receipts. 7,781; ordinary firsts. 28% | @24e; firsts, 26@26%e. Cheese—Twin*. 28%@24c; Young Americas. 24 % 0 25c. i Poultry--Receipts, 3 cars, fowls 18@25%c: J ducks, 21c; geese. 16 0 20c: springs, 28c; turkeys, 20c; roosters, 15c: broilers, 27c. Potatoes—Receipts. 36 care sacked Kansas and Missouri Irish Cobblers, No. 1, $2 25 0 2.40: Nebraska. $2 4002.60. Early Ohios. $2; Minnesota. *1.30 01.05 bulk Wisconsin round whites, U. 9 No t, *2.35 @2.45 HOOSIERS TO SEE ECLIPSE University Observatory Groin** Go Mouth for Bettor Observation. Several Hoosior scientists are among those who have gone to Mexico and Lower California to view the total eclipse of the sun, Sept. 10. Indiana University, De Pauw University, the Lick Observatory and the Lowell Observatory groups Are quartered in the vicinity ( of Ensenada, about seventy miles south of the Calt-fomla-Mexico border, where the path of totality will sweep. The eclipse in Indiana will be slightly Jmore than half total. It will be-come-visible at 2:26 p. m. and continue until 4:28 p. m. It will be the first opportunity to test one of the important phases of the Einstein theory from the American continent. ROAD LEVY UNCHANGED County Figure for 1924 Remains at 3% Cents. County Commissioners Albert Hoffman and John Kitley in conference with Leo K. Fesler, county auditor, today decided to fix the free gravel road tax levy for 1924 at 3% cents on the SIOO. This amount will raise $245,000 to spend on county roads, Fesler said. He recommended that the rate be lowered by the commissioners to 8 cents, but Kitley refused, stating that with such constant use of the roads they would have to be kept in repair. The rate for 1923 Is the same. Echo of Family Tiff Richard Ritter, cojored, 605 Darnell St., was reported improved in the detention ward at the city hospital today. Stab wounds are alleged to have been inflicted by his wife, Mattie. Rit : ter is charged with assault and battery. Mrs. Ritter Is charged with intoxication and assault and battery. Dressed Beef Prices Wholesale selling prices on dressed bief. Swift S Cos.: Ribs—No. 3.21 c: No. 3. 170. Loins—No. 2,32 c: No. 8. 27c. Rounds—a to..

Rites in Charge of Civil War Comrades mmk NATHAN C. MEEKS G. A. R. members of Greenfield will have charge of funeral services of Nahtan C. Meeks, 86, Civil War veteran, who died Sunday at the home of his daughter, Mrs. Charles N. Furry, 2408 E. Tenth St. The sendees will be Thursday at Greenfield. FRENCH STAND PAT IN RUHRJiNSWER (Continued From Page 1) ring briefly to the British claim that occupation of the additional German territory is illegal. He dismissed the idea of referring the reparations questions to the permanent ooqrt of international justice at The Hogue by asserting: "We have no need to defer to the Jurisdiction of anybody.” Nothing Destroyed Poincare dismissed the charge that occupation of the Ruhr is endangering Europe by declaring^ "We have destroyed nothing in the Ruhr. Its capacity for industrial promotion is stronger than ever." Poincare only envisaged worsting uance of negotiations by suggesting that If they carried on either immediately after or before cessation of resistance by Germany, It would be preferable that conversations be more discreet and given less publicity. Says Germans Can Pay Poincare said France does not desire to remain In the Ruhr longer than necessary and has no political or annexationist alms. It Is not a fact the premier suid, that the French ulaims are of a nature to crush Germany or exceed her ability to pay Franoe’s propositions admit of amendments provided her principles are not infringed upon. The reply was generally considered os maintaining Inflexibly the previous French attitude. It does not change the demand for cessation of passive resistance in the Ruhr, refuses an international commission, aaks 26,000.000,000 gold marks for France and suggests friendly discussion between Britain and the Allies to reach a basis for an early settlement of a portion of the German debt to correspond to the amount of devastation suffered by each country. French Claims Big The commission of reparations has duly assessed Germany's obligations and there is no need to reconsider this question, the premier said. Furthermore, the obligations cannot be revised, except by unanimous consent. The idea of estimating Germany’s capacity to pay once for all never entered the heads of the framers of the treaty. Poincare defended the votes of the commission of reparations in overriding Britain continually, by pointing out that France, and Belgium hold 60 per cent of the claims against Germany. The reply concluded with a demand to permit the commission of reparations to "fulfill its mission, strengthening instead of weakening it,” and permitting it to study the situation in Germany, evaluate Germany’s capacity to pay periodically and modify dates of payments as its judges see fit. "We wish to pay our debts to the United States as well as to England,” Poincare said, and we could not grant preference to the one over the other.”

NEW FORD MODELS ON DIM HERE Changes in Radiators and Coupe Most Important, New Ford models were on display In salesroom of Indianapolis agents today. Changes are. few, a larger radiator necessitating a higher hood- being one of the most Important on all models. Greatest Improvement Is In the coupe, dealers said. Upholstering is better and sen.ting arrangement has been altered to make it more comfortable. Beauty also has been added to the body lines. JOHN W. MARSHALL RITES Funeral Services to Be Held at Shirley Brothers’ Parlor. Funeral services of John W. Marshall, 88. who died Monday, will be held at 2 p. m. today at the Shirley Brothers’ funeral parlors, 946 N. Illinois St. Burial in Crown Hill cemetery. Mr. Marshall, a native of Kentucky, was a member of the Capitol Ave, M. E. Church. Surviving are a daughter, Mrs. Mida Marshall Meyers, and a brother.

JOINT CONVENTION OF STATE LODGES TO OPEN TONIGHT Seven Hundred Register for . Three-Day Meeting at Denison, Seven hundred delegates to the thir ty-second annual session of the State Junior Order of United American Mechanics and the twenty-eighth annual session of the Daughters of America have registered for the joint State convention at the Denison today, Thursday and Friday. Two hundred fifty of the 700 delegates represent the Daughters of America. The first session will be held tonight at 8, when the Daughters of America will meet at the Dertison for degree work by the Brightwood Council No. 2, and a social hour. The first meeting of the Junior order and the first 3oint meeting will be held at 9 a. m. Thursday. A. E. Rettlg, Indianapolis, chairman, will preside. An adress of welcome will be given by the Rev. P. Taylor Evans. Responses will be given by Bertha Fouts of Union City and Edward Steiner of Terre Haute, State councilors. Separate business meeting will be held Thursday afternoon. No meeting will be held In the evening. The convention will close Friday with separate meetings at 9 a. m. and a joint session at 11 u. m. to decide the 1924 convention city. LAND PURCHASE AT HOSPITALBLOCKEP Board Unable to Add Ground for Park, Regret, was expressed today by members of the State executive committee of the James Whitcomb Riley Hospital for Children, following reports of conferences with Charles A. Bookwalter, president of the city park Ixaird. which Indicated the board would be unable (o purchase additional land in the vicinity of the hospital site. According to the information reaching the executive committee, tie park board will lie forced to carry out its (development program on the park site already held by the board, rather than purchase more ground, due to pressing demands from other quarter*. “We are disappointed," L. C. Huesmann, chairman of the hospital finance committee, said. "However, the board now own* - more than sixty acres immediately west of the hospital site, and this is sufficient to provide a splendid park for the hospital and its convalescent section.” Huesman stated action of the park board woul<J not affect construction work on the hoapitalAttendlng the meeting of the executive committee. in addition to Huesmarin, were James W. Fesler. Dr. C. B. McCulloch, Dr. Lafayette Page and William C. Bobbs.

PUNS POSHED FOR mmmm Arrangements Mailed to Food Products Manufacturers. J. W. Dean of Detroit, in charge of the grocers’ food show and buyers’ week, has arrived in Indianapolis and is making headquarters in the offices of the Indianapolis Retail Grocers' Association, 404 Chamber of Commerce Buldg. Floor plans ror Tomlinson Hall, where the exposition is to be held for ten days, beginning Oct. 17, are being mailed out to manufacturers of food products ail over the United States. "This year’s show is to be better than the one we held last year," Dean said today. “We have added several new features and we have Inquiries regarding floor space that indicates the entire exposition hall will be sold out long before the date of opening the show.” SCHOOL FOR FIREMEN TO BEGIN SEPT. 1 t City firemen will be instructed in fire fighting and rescue work, on the training tower behind headquarters, Alabama and New York Sta., beginning Sept. 1, Fire Chief John J. O’Brien said today. The men will be taught how to tarry persons from burning buildings, rescue themselves by ropes, how to bring up hose fines, and other fire fighting work. Latest methods of life saving will be taught both new and old men. In addition Chief O’Brien said he would teach his men correct operation of fire plugs by having two plugs placed at headquarters for instruction. Some delays at fires have been caused by Improper turning,of plugs. Husband Wanted Police today atV ched for George Franklin, colored, 644 Bright St., wanted on a charge of shooting and assault and battery. When called to the Franklin home Tuesday night, officers were told Frnaklin had beaten and shot at his wife. Pants Will Tedl LONDON, Aug. 21. —Edgar and Albert Prior look so much alike that j when they swam in a meet recently j and one defeated the other Iw a few j Inches, judges couldn't tell which won. Now the twins will ear djf- !

Marriage Licenses O.\N McCracken. 24, Y. M. 0. A.; Rosie Taylor. 22 402 W Twenty-Eighth. F. L. Dickman, 24. 205 Hendricks Pi.: Cecelia Scheerer. 23, 1353 S. Meridian. Elmar Mayo, 24, Hotel Roosevelt; Oleo Johnson, 19, 1137 Southeastern. W. T. Johnston, 30, R. R. P.. Box 45; Edna M. Cash, 20, 1208% W. Market Irving Houser, 24. 1001 Church: Sarah Farber, 23, 1133 8. Senate. M. A. Cox, 25. 1210 Oxford: Myrlo Boggs. 27. 4120 E. Tenth. Births Boys Abner and Willie Lock, 542 Minerva. Arthur and Violet Price. 835 Lord. Fredrick and IJora, Hicks, 1437 Gtmber. Royce and Lucy Stevens, 435 Arnolds. Eugene and Mary Pavey. Methodist Hospital. James and Lueile Lively. 180 Q Sheldon. George and Besste Adams. 2058 Catherine. Floyd and Isabel Kgilii. 910 N. Olney. Harry and Mary Waggoner, 1162 King Lazo and Vasilka Ellcoff, 714 Keteham. Walter and Pelibel Rairden, 468 N. Tibbs. Samuel and Lillian Brannon, 822 Athon. Clyde and Lizzie WhltaJwjr, 634 N. Lynn. William and Birdie Johnson, 33 8. Catberwood. Fred and Given Van Devander, 1230 MoLain. ft Leo ancP Nina Driscoll, Long Hospital. Girls r* Robert and Alberta .Scott. P6l Lynn. William and Nellie Lane. 1408 Prqgpect. William and Bertha Lane. 233 E. Wyoming. Jewell and Rebecca Sargent' 1229 Alvord. Wiiliam and Nellie LtughUn, 1217 Herbert. Arthur, and Alma Lew.a. Methodist Hospital. Frank and Esther Peek, 318 N. Belmont. Robert and Margaret Baker. 813 N. Alabama. Robert and Mary Jones. 2328 Hoyt. John and Mabel Pierce. 1351 Shelby. Nowel and Eliza Kelloy. 1441 Laurel. Robert and Theo Teague. 2233 S. Meridian. Ralph and Maude Stamm, 116 W. Pleasant Run Dr. William and Carrie Dwsey, 616 W. Pearl. Earl and Elizabeth Sheets, Long Hospital. Chrest and Anna Chirpas. Long Hospital. Lee and Elizabeth Mayes, 1431 Jones. Deaths Solomon Milton Hoff, 60. Methodist Hospital, acidosis. Alma Taylor, 63, 1146 Randolph, cirrhosis ol fiver. John Marks, 45. Methodist Hospital. Vincent's angina. Nathan Crawford Meek. 86. 2408 E. Tenth, arterio sclerosis. George F. Wathen, 60. city hospital, lobar pneumonia Harold E. Knory, 10, Methodist Hospital, peritonitis. William Hajnptcn. 45, city hospital. uremia. Mary C. Kirkhoff, 69. 2015 8 East, cerebral hemorrhage. John Beyersdorfer, 54. 626 Cottage, carcinoma. Lambert L. Case. 74. 1102 W. Morris, cerebral apoplexy. Ruth E. Bates. 1 month, city hospital, premature birth. Infant Branon, 1 day, 822 Athon. premature birth. Charles Garrett Stepp, 28. city hospital peritonitis. Jacob M. Porter, 70. 742 N. California, chronic interstitial nephrltl*. Infant Looper. 5 days. 1744 N. Western, cholera Infantum. George M Fulton. 74. 1723 MUbum. chronic nephritis. Margaret Suhre. 75. 357 W. TwentyNinth. chronic interstitial nephritis. Carrie A. Seheffel. 44, 5931 Julian, acute cardiac dilatation. Mattie Thompson. 61. 1233 Alvord, nephritis. Juanita Terry. 0 months, city hospital, acuta gastro enteritis. Infant Behraldt. 1 hour. 436 N. Holmes, premature birth. Frank S. Hippie. 65, 3401 W. Washington, chronic interstitial nephritis. Florence E. Trebz, 45, 820 Harlan, carcinoma. Building Permits Louise Schley, garage. 201 N. Rural: $250. Karl Wacke. garage. 3204 Graceland. $250. Star Amusement Company, flooring. 122 Monument Circle. S6OO. W. H. Hell, garaga. 3918 E. TwentyEighth, $225. O T. Draper, dwelling, 1942 N. La Salle. $3,000. Charles Hooslan, garage. 1429 T 7. Alabama. $450. Bridgeford & More, dwelling. 8205 Mtopberson, 83.600. J K Miller, garage 519 Leutt. *SOO. D. H Robey, public garage, 2419 W. Washington, $7,500. A. N. Collin*, garage, *427 U. Pennsylvania. $650. I U F. Bailey, remodel, 906 W. Tenth. S3OO. Wesley Van Sickle, remodel 943 Stllwell, $250 William Loving, garage. 703 Indiana. *976. Y. W. C A Install boilers, 725 N. Pennsylvania. 54 000. William T. Paulsen, dwelling. 2204 Martha. $3 600. Rosa Hews, reroof. 3000 College $2lO. S. J. Kennard. dwelling. 909 N. Drexel, 54.200. John F. Carr, reroof. 3221 B. Sixteenth, S2OO. Edward A. Wise, garage. 1505 Burdsnl Parkway. $250. Ada M. Haverfteld garage. 3404 Birchwood. $350. J. E. Hughes, garage 938 S. East, $250 J. C. Mussing, garage. 321 N. Bolton, $250 Sanders Realty and Investment Company, dwelling. 1022 Harvey, $6,400. Standard Oil Company, filling station 1004 Broadway. $2,050. E. W Showalter & Cos., addition. 25 W. Eleventh, *2OO. Perry R. Thrush, garage, 3115 Northwestern, S2OO. Edwin Steers, garage, 432 N. Riley, $650. Max Sachs, garage. 2809 Washington Blvd.. $375. Dan W. Le Gore, dwelling, 1342 Beecher, $3,200. Dan W. Le Gore, dwelling. 1240 Beecher. $3,200. Dan W. Le Gore, dwelling, 1230 Beecher, ' *3.200.

'SSi LIBERTY BONDS "“J™ SELL 413 UEMCKE BUILDING j lOUQ GOOD GOODS Capital Gti) Runt 100 PER CENT * PURE k is a paint chat aatfc6ea. Made io a% pone and so proportioned as to produce, from the propl \ arty owner’s standpoint, the most enduring j | \ and economical resnks. h substantiates opr / I V claim o/the greatest possible vahwattbe law- ' * VV. est possible price. J ]VI W* suggest that you see oar dealer in yoar I / vtrimey. He has some interesting fads and J I' ) I figures concerning the rmnony of Capital Paint & Color Company

EXCURSION to Round \ $2.00 —L afay ell e— s2.oo j Round Trip j $2.25 —T erre Haute—s2.2s \ Tri P Sunday, August 26th v . Terre Haute, Indianapolis 8 Eastern Traction Cos. Good going ONLY on limited trains leaving Indlanapollt t 7:10 a. m for Lafayette and at 7:15 a. m. for Terse Haute. Good returning o® ail trains lefvinf Lafayette or Terre Haute on date of sale only. 1

POLICE HOLD 10 ‘MURDER SUSPECTS’ Motorists Deliver Men to Officials by Ruse, Two men were arrested on chargee of vagrancy by detectives today following receipt of warning from Grtasnfield that the two men resern bled the murderers of William Van Gajrxp, sheriff of Franklin County, who was shot to death at Brookville Monday. N. According to police, a motorist picked up the men east of Greenfield and brought" them to Indianapolis, stripping in Greenfield only long enough to notify the sheriff there of his suspicions regarding the identity of his -.passengers. The men are being held ponding Investigations which, said, would include communication irtth a farmer near Brookville, who is said to have talked with the men who shot the sheriff. \ Hand Broken in “Strength Contest” Henry A. Lentz, tinner put a penny in a striking machine at Riverside. He struck. Although the gaftge showed a maximum of 1,20 pounds resistance, he shattered his fist, he says, in his suit for $7,000 damages on file in Superior Court against the Riverside Park Amusement Company. Negligence is charged. Park officials say the device was adequately protected. \

Excursion ’ via BB'.i'i. r -= TO CINCINNATI Round Trip *2®75 SUNDAY, AUG. 26 VISIT THE ZOO Special train leaves Indianapolis Union Station 7 a. m. (Central Standard Time); returning leaves Cincinnati, 7:16 p. m. (Central Standard Tima), 8:15 p. m. (City Tima) Tickets and full Information at City Ticket Office, 34 We*t Ohio St. Phone j Cl rcle 5300 or Union Station. J. W. GARDNER Division Passenger Agent.

Excursion Next Sunday TO Michigan City $2.75 (Lake Michigan) Walkerton . . $2.70 (Koonta Lake) Rochester.. $2.35 (Lake Maniton) Returning Same Date NICKEL PLATE ROAD The New York, Chicago A St. Loula Railroad Company Lake Erie <x Western District Train leaves Indianapolis Union Station, 6:80 am.; Maas. Ava Station. 6:38 a. m. Alto low round trip fares, with longer limit, to these and other pointa For further information phone Circle 6800, Circle 5300, Main 4507. Main 2120. R. C. Fiecu*, Aa*'t Oenl Pasa Agt. Indianapolis Ind.

11