Indianapolis Times, Volume 35, Number 127, Indianapolis, Marion County, 8 October 1923 — Page 11

MONDAY, OCT. 8, 1923

WEAKNESS CROPS OUT OE INITIAL EXCHANGE TRADE Selling Develops Before End of First Hour —Rails React, SPECIALTIES ARE ACTIVE Chesapeake & Ohio Made Object of Selling in Carrier Group, 1 he WALL STREET JOURNAL NEW YORK, Oct. B.—A fairly ictive turnover at the opening of the ttock Exchange today found prices changed but fractionally from closing evels of last week, with advances and leclines about evenly distributed, (tails were again active as were some peclalties featured last week, such as Oast Iron Pipe common, which reached t new 1923 high. Domestic news developments over the week-end were of slight importance while foreign developments Included Poincalre'e reiteration of French determination for strict government of the reparations program. First Hour After showing relative firmness for the best part of the first hour, the general list reacted around 10:30 o’clock, when considerable offering appeared. Such favorites as Chesapeake & Ohio, Reading, the Pan Americans, Studebaker and others ran off a point or more. Offerings in Chesapeake & Ohio were in substantial volume and it dipped from the opening level of 69V* to 68, a block of 1,400 shares appearing at the latter price. Reading encountered some selling which resulted in a similar-sized drop. Second Hour The rail list enjoyed a vigorous balfhouF rally around 11:00 o’clock, followed bp industrials and minor issues to a lesser degree. While the rally was on, American Woolen made a new 1923 low on a very small turnover. Ches peake& Ohio remained inactive while other transportation shares were showing strength, though those interested In C. & O. are not expecting any runaway affair as it is expected in one quarter that the road’s stock will be exchanged on a share-for-share basis with Nickel Plate both of which roads are dominated by the Van Swerigen interests. Noon Hour L Trading - quieted down in the noon ' hoc- with the rail stocks holding their advance, while dullness generally dominated other sections of the list. Reading however, was fairly active, being up IV4, while at least a few industrials displayed ralllying power, though nothing impressive outside of Dupont’s recovery of 1% points from the morning low appeared to strengthen trading. Those long of rail shares were heartened by the impressive steadiness of their favorite shares. Foreign Exchange By United Financial NEW YORK. Oct. B.—Foreign exchan re opened irregular: Sterlinr. demand. 54.54%: eabl.-s. $4.55%. Frluics. demand. 5 93%c Sb'*s, 5.96V*c. Lire, demand. 4.53%c: bles, 4.54 c. Belgian, demand. 5.06 He: cables. 5.07 c. Marks. 714.000 000 to the dt’ar. Czechio. demand. 205: cables 2.95%c. Swis. demand. 17.90 c: cables 17.92 c. Guilders, demand. 39.24 c; cables. 30.33 c. Pesetas, demand, 13.51 c: cables. 13.53 c. Swedish, demand. 26.48 e; cables. 28 52c. Norway, demand, 15 60c: cables. 15.70 c. Denmark, demand, 17.61 c cables, 17.85 c.

Produce Markets

INDIANAPOLIS. Oct. B—Fresh eggs. 32c: packing stock butter. 29c: springs. 1H to 2 ibs.. 23c fovls. straight. 23c: fowls nr.d-r 4% lbs., 19c: Leghorns. 25 per cent discount: cocks. 10c; young tom turks. 27c: young hen turks. 27c: ducks, 4 lb*.. 13c: spring ducks. 10c: geese. 10 lbs. up. 11c; squabs, 11 !bs. to dor.. $4: young guineas 1H lbs. up do*.. $7 old guineas. <joz $4 50. Indianapolis creameries are paying 45c a lb. for butterfat. CFTICAGO. Oct. B.—Butter —Receipts. 0.947: creamery extra. 4544 c: standards. 44c: firsts. 41@42 3 4c: seconds. 4fi@4o Bees—Receipts 10 481: ordinary firsts. 25 t2oc: firsts 30 Ci H 4 c Cheese —Twins. c: young Americas, 2344 @24c. Poultry —Receipts. 16 cars: low’s 14’ -®"’ ducks. 19c geese. 18c: springs, 19c: turkeys. 20c: roosters 14c Potatoes —Receipts 80 cars: northern whites. [email protected]: northern Red River Ohios. $11001.15; western rurals. $1.75. ■ CLEVELAND Oct. B.—Butter in tubs. 51 @ 53c prints. 50@52e; firsts. 49® 51c: parking stocks. 34® 38c. Eggs—Fresh gathered northern extras. 41c: Ohio firsts. 37c: western firsts, new cases. 35c. Poultry —Heavy fowls. 26®2Sc: light fowls. 18® 21e: cocks. 15® 17c: broilers. 26@27c: ducks, spring. 18@22c. Potatoes-—Virginia cobblers, $505.75 a barrel; $4.35 per 150 pounds. NEW TORS. Oct. B.—Flour—Dull, but firm Pork—Dull: mess. $25.50026. Lard —Midd’e West spot. $13.15® 1325. Sugar—Raw quiet: centrifugal. 96 tet. ~ ■ refined quiet: cut loaf, 9.25 @9 60c. Coffee—Rio No. 7 on spot, 10*4 @lo%c; - , 4’.®i5~ Tallow —Dull: special to extra, 744@7ic. Dressed poutrSteady; turkeys, 28@60c: chickens, 23® 43c: lows 14® 33c: ducks. 27c, Long Island. Live pou’try—Steady: geese. 21® 22c: ducks 15@30e: fowls. 21®30c: turkeys, 35® 40c; roosters. 17c; broilers. 22® 26c. Cheese—Quiet; State whole milk, common to specials. 22 @2B 44c: State skims, common to specials. 10 @l9 44 c; lower grades. 5® 15c. Butter —Weaker: receipts, 81 923: creamery extra 46c: special market, 4614 @47c: State dairy tubs. 38@45c: Danish. 45® 46c: Argentine. 42 @42 44 c. Eggs—Firm receipts. 5.932; nearby whites, fi- cjr nearby State whites. 38® 86c; fresh firsts to extras, 35@48c; Pac - * go®4c- western white. 46066 c: nearby browns. 49 @ 60c; fresh gathered ex- • h gathered extra firsts, 40 @ 44c: firsts. 35 0 39c: seconds. 28 @ 34c; trade < ggs. 26 *6 30c; dirties. No. 1. 27® 28c: No 2. 24 @2644 c : checks, fair to choice, dry, 2244 25c; Pacific coast, firsts to extras, 48061 c; other western and southern gathered whites. 38® 52c: New Jersey hennery extras, 68 44 70c. Dressed Beef Prices ’ Wholesale selling prices on dressed beef, fwift * Cos- Ribs—No. 2. 22c; No. 317 c. Loins—No. 2,28 c: No. 3.23 c. Rounds— So 2. 20c: No. 3,16 c. Chucks—No. 2. 18c: No. 3.11 c. Plates—No. 2,6 c; No. 3.7 c. Raw Sugar Market By United Financial NEW TORE, Oct. B—The raw sugar market opened lower: October, 5.50 c bid: November. 5.10 c hid; December. 4.91 @4.92c: March. 3.94@395c: May. [email protected] In the Cotton Market By United Financial NEW YORK. Oct. B.—The cotton market opened lower. October, 28.03 o: December. 27.68 c, off 7 points; Jannanr. 27.10. hfl 10 points: March, 27.03 c. off 18 points.

New York Stocks (By Thomson Sc McKinnon) ' 1 "Oct. 8-

Railroads— At 12:45 Prev. High. Low. p. m. close. Atchison ... 99 98 % 89 % B. Sc 0 59% 59 % 59% 59 % Can. Pacific 147% 145*4 147% 140% C. Sc O 69% 87% 68% 09 , C.. R. & P... 24% 23% 24% 24% Gt. Nor. pfd 56 56 56 oSH N. Y Cen.. 102% 101% 102 101% Nor. Pacific. 56% .... 56 66 Fere Mara... 42% 43 42% 42% Pennsylvania. 42 % 42 % 42 % 42 % Reading 79% 78% 79% 78% So. Railway. 35% 35% 35% 30% So. Pacific.. 87% 87% 87% 87% St. Paul pfd 28 27% 26 27% Union Pac.. 130% 130%. 130% 130 Wabash pfd.. 33% 32% 33 32% Rubbers— Kelly-Spg.... 34% 23% 24% 23% U. 6. Rubber 38% 38% 38 Equipments— Am. L0c0... 70% 69% 70% 70% Bald. Loco.. 118% 117% 118 117% Gen. Electric 171% 171% 171% 171% Lima Loco.. 63% .... 63 62% Pullman 110% .. 116% 117 West. Elec... 58 58 58 Steels— Bethlehem... 49% 48% Crucible ... 61 60 61 60% Gulf States . 79 % 77 % 78 % 79 Rep I and 8 44 43% 44 44% U 8 Steel .. 88%, 87% 87% 88% V Motors— Am Bosch M 29 ... 29 28% Gen Motors.. 14% 14 14% 14% Max Mot A.. 38 ... 38 38% Studebaker . . 97 95 % 96 % 97 % Stew-Warner. 81% 80 81 81% Timken 35 ... 35 36% Oils— Cosden 27 26 26 27 Marland Oil. . 26 25% 25% 25%

ALL GRAINS OPEN GENERALLYHIGHER Wheat Derives Its Strength From Advance in Corn, By United Financial CHICAGO, Oct. 8 —Grain prices were generally higher at the opening ! on the Chicago Board of Trade today. Wheat was up slightly, getting some of its strength from buying in com. Following the upturn, however, selling developed when outside markets showed a lower undertone. Liverpool opened sharply higher, but traders believed this advance did not reflect fully the sharp upturn made in values during the past week. Following an early advance, corn experienced some selling. With favorable weather and crop conditions prevailing everywhere, heavier receipts and free country offerings, traders assumed the selling side. The continuance of hot dry weather over the belt is rapidly putting fields Into shape and cutting and shipping is steadily increasing. Oats snowed a good undertone and held advances better than other grains with a bette,- farm demand. Provisions were unchanged. The trade was inclined to go easy with lower hog markets and cables. Chicago Grain Table Oct. 8 WHEAT— Prev. Open. Hlrh. Low. 11:45. cloe. Dec. .1.10 1.10% 109% 109% 1.09% 109% 1.09% May .1.13% 1.14% 1.13 1.13% 1.13% 1.13% July .1.10% 1.10% 1.09% 1.00% 1.09% 1.10 CORN—— Dec. . 76% 76% .76% .75% .76% .70 % .76 % May . .75% .75% .74% .74% .75% 75% .76% July . 75% .75% .76 .75% .75% .75% .75% OATS— Dec. . .44 44 .43% .43% b. 43% 43% May . .46% .40% .46% .45% .40 .42 July .b. 45 .46% .45 .45% b. 44% CHICAGO. Oct. B—Primary receipt*: Wheat 2,177.000. against 2.280,000; com. 049.000. ag ilnt 1.607 000; oata. 1.646.agalnst 1.050,000. Shipments: Wheat, 839.000. a(r:iin*t 932.000; com. 304,000. against 1.212,000: oats. 837,000, arainst 839.000. CHICAGO, Oct. B.—Car lot receipt*: Wheat. 40: com, 79: oata. 90: rye. 2.

Grain Briefs

CHICAGO, Oct. B.—The future course of wheat values hinges on the action taken by the Government to aid stricken farmers, It was believed among traders. The United States is the only wheat-rais-ing country to have a smaller crop Uian last year, the production being estimated at 86 per cent. Weather conditions the past week have been favorable for the corn crop, and cutting and siloing is under way . Oats prices held fairly steady under considerable selling pressure for profit. Argentina's wheat acreage is generally estimated at larger than official figures. Corn plowing and seeding Is going ahead favorably. Excessive rains over the “Indian wheat belt have aided crops, which have suffered from the long drought. Local Hay Market Loose hay—slß®2s; pales. $17®20; light mixed hay. sl7® 20. Local Wagon Wheat Local mills and elevators are paying 98c for No. 2 red wteat. DIVIDED TREND MARKS CURB MARKET OPENING Selling of Oils Contrasts Buying of Industrials. By United Financial NEW YORK, Oct. B.—A divided trend developed in the curb market in the forenoon through the selling operations in the oil division and buying activities among the Industrials. Reading Coal rights advanced to 22%, on a brisk demand, and New York Transportation advanced three points to 28. Hartman Corporation was strong, selling up to 40. Congoleum Company rose to anew 1923 high figure at 130, reflecting nows from Philadelphia that the company had made application to list its common stock on the New York Stock Exchange. The outstanding common was recently increased to 240,090 shares from 100,000 shares by the 140 per cent stock dividend. Prairie Oil and Gas, which closed last week at 171, up 12 points from the low of the week, opened at 169 and dropped to 166. Standard of New York turned a trifle weaker, as did Vacuum and Standard of Indiana. Buckeye Pipe was improved and Imperial steady. Illinois Pipe Line was up %. The rest of the Standards were rather listless at unchanged quotaations. Elsewhere Mexico Oil and Cities Service started better, with Mutual steady. Electric power on the Atlantic liner Aqultaaia is enough light a town of 70,000 Inhabitant*.

t at Prev Hlrh. Low 1:45 D. m. Close Pan-Am Pete. 58 57 57% 67% Pan-A Pete B 55% 64% 55% 55% Pro and Ref 24 % 23% 24% 23% Pure Oil ... 17% ... 17% 17% St Oil of Cal 53% 53 53% 63% St Oil of N J 34% 33% 34 34% Sinclair 18% 18% 18% 18% Texas Cos. ... 41% 41% 41% 41% Minings— Gt North Ore 29 29 29 29% Int Nickel ..11% ... 11% 11% Coppers— Amer Smelt. 58% 58% 68% 58% Anaconda .. 39 ... 39 38 % Kennecott .. 34 33 % 34 34 % Industrial*— Allied Chem. 63% ... 63% 64 Am. Can 92% 91% 92% 92% Am. Woolen. 73% 71% 71% 78% Central Leath. 16 .... 10 Cont. Can... 48% 48% 49 Fam. Players 72% 71% 71% 71% Inter. Harv.. 75 .... 75 76% Nat. Enamel 40% 40% 46% Sears-R0e.... 80 % .... 80 % .... U S cast I. P. 40 % 38 % 39 % 40 U 8 In A1... 52% 62% 52% 52% Utilities— Am. T. Sc T. 123% 123% 123% 123% Con. Gas 02% 61% 62 02 Columbia Gas 34 33% 34 34 Shipping— In M M pfd.. 24% 23% 24% Foods— Corn Prod.. 124% 123% 124 124% C. A. Sugar.. 31% 30% 31% 30% Punta Alegre 56 % 55 % 50 % .... Tobaccos— Am Tob. Cos. 150% 150 ISO 150 T. Prod. (B) 67% 50% 56% 60%

Your Dollar Uncle Sam Tell* Who Gets It

Automobiles /2lCts\ LABO 7 \ / Profit / \ I OverheadX /66 1 | i/x/ad/og \/ [7axes_J~ — y Centos j V Materials / ik Raiph Couth Nr— - EARLY 2,000,000 automobiles were manufactured and sold in t__J the United States in the first half of 1923. Automobiles are being purchased In greater numbers tha never before in history. Prices are close to the prewar levels. Wages in auto plants began to soar in 1921, before other industries were well out of industrial depression. They have been increasing steadily ever since. High wages, however, have' not forced materially higher prices. Many cars are now selling near prewar levels. Wages amount to 13 cents of each dollar paid for anew automobile, according to data officially colleoteu by the government in a nation-wide survey of the auto manufacturing Industry. To cover a wage Increase of 7.6 per cent the automobile manufacturer need Increase the price of his proruct 1 per cent. Labor cost is the smallest factor in the manufacture of automobiles. S!xty-slx cents of the automobile purchaser's dollar goes into materials. leaving the automobile manufacturer 21 cents for profit and overhead. NEXT—Sporting Goods

Indianapolis Stocks —Oct. 8— Bid. A*k. Am Cent Life 200 . . , Am Creosottng Cos pfd 96 101 Belt R R Cos 68 Belt RR Cos pfd 62 44 ... Cent B'dg Cos pfd 98 ... Citte* Service com 129 131 Clttes Berv.ee pfd 66 67 44 Citizens Gas Cos com 20 28 H Citizens Gas pfd 100 102 44 Ind Hotel com 100 ... Ind Hotel pfd 100 Ind Nat Life 0 ... Ind Pipe Line pfd 8844 91 Ind Title Guar Cos 70 ... Indpls Ab pfd 50 Indpls Gas 49 44 63 Indpls A Northwestern pfd. . 30 45 Indpls & Southern pfd 60 Indpls St R R 57 04 Indpls Tel com 1 ... Indpls Tel pfd 90 Mer Pub Util Cos pfd 8144 Nat Mot Cos 1 3 Pub Sav Ins Cos 12 ... Rauh Fer pfd 50’ Standard Oil of Ind 65 44 6744 Sterling Fire Ins Cos 8% ... T H I & E com 1 5 T H I & B pfd 9 16 T H Tr and Lt Cos 95 Union Trae of Ind com 6 Union Trac of Ind Ist pfd.. 13 23 Union Trac of Ind 2d pfd.. 0 8 % Van Camp Prod Ist pfd 98 Van Camp Prod Cd pfd . 94 Van Coal Cos com 1 $ Van Coal Cos pfd 0 14 Wabash Ry Cos com 944 10 % Wabash Ry Cos pfd 8244 84 44 Bonds Re’t RS Y 4s. May, ’30.... 8244 ... Broad Ripple 6s 00 Citizens Gas 5s 8044 88 Citizens Gas 7s 99 103 Citizens St R R 5s 81 85 Ind Coke Cos 0s 90 95 Ind Hotel Cos 6s 94 ... Ind Hotel Cos 2d 6s 99 44 ... Ind North 5s Ind R and Lt 6s 90 95 Ind Union Trac 5s 39 ... Indpls Ab Cos 744 s 100 103 Ind Col & So 08 90 100 Indpls Gas 5s 80 88 Indpls Lt and Ht 5s 94 95 44 Indpls A Mart 56 01 Indpls North 5s 50 f,5 Indpls A Northwestern 60 65 Indpls A S 0s 40 Ind Shelby 5s 60 Indpls St Ry 4s 04 07 Indpls Trac and Term 5s ... 84 88 44 Indpls Union Ry 5s 90 ... Indpls Union By 444s 05 ... Indpls Water 4 44 s 80 44 89 Indpls Water 644 s 94 97 South Ind Power Os 105 ... T H I A E 6s 67 70 Union Trac of Ind 0s 08 71 Cloverseed Market Local dealers are paying $7.60®10 a bushel for cloverseed. READY FOR OLYMPICS America Set for 1924 Games in Paris, Says Thompson. By United News PARIS, Oct. B.—America, as far as the 1924 Olympic games are concerned, believes in preparedness. According to Robert M. Thompson, head of the American committee, the athletes from the United States are all set —six months before the start cF the games—to participate. Thompson declared that committees in each of the Statep of the United States have about completed the work of choosing the American participants. The Americans leave the United States on June 16 and arrive here June 25. They are to be housed In a chateau that has bees ranted by 1 Colonel Thompson.

THE INDIANAPOLIS TIMES

PRICES FOR HODS SUFFERSETBACK Decline of 15 to 20 Cents Registered in Local Trade. Hog Price* Day by Day Oct. 250-300 lbs. 200-226 lb*. 150-180 lb*. 2. 8.25® 8.35 8.20® 8.30 B.oo® 8.15 3. 8.35® 8.45 8.26® 8-35 BA5® 8.30 4. 8.50® 8.60 8.40® 8.60 8.85® 8.40 6. 8.40® 8.50 8.30® 8.40 8.25® 8-35 6. 8.60® 8.60 8.45® 8.55 8.40® 8.60 8. 8.40® 8.46 8 35® 8.40 8.25® 8.35 Light receipts failed to bolster hogs prices in trading at the local livestock market today and prices declined generally 15 to 20 cents, due to a lack of shipping demand which left the market almost wholly in the Lands of local packers. Word of low T er prices at other marketing centers also had a depressing effect. The top price paid for one load of heavyweights was $8.45, compared with $8.60 on Saturday and the prevallng price for this grade was $8.40 while mixed sold from [email protected] and lights from $8.25 @8.35. A local packing interest bought its supplies at a flat price of $8.30, compared with $8.50 Saturday, wihle a shipper purchased his hogs at $8.26 and $8.30 as compared with $8.46 and $8.50 on Saturday. The bulk of the day’s receipts of 6,500, inclusive of 73 holdovers, moved between sß3o@ 8.40. Lack of demand caused pigs to decline generally a quarter at $7.75 down, while both grades of sows were steady at $7.60 down for lights and $7 26 down for heavies. The cattle market was dull from the opening due to scarcity of good stock, one large buyer having failed to enter the market for this reason. However, what trading was done was at generally steady prices due to light receipts of 800. An advance of 50 cents to a top of sl4 was noted in the calf market which was fairly active on light receipts of 400. The bulk of sales was made between sl3 and $13.50. The sheep and lamb market wax quiet at steady prices, lambs selling down from sl2 and sheep down from $6. Receipts, 160. .

—Hog*— Choice light* * 9 l^o Light mixed B*o Medium mixed £-85® 8.40 Heavyweights P?M oi ialei .lroS l:to Parkin* 1 sow§ .•••*•••••• 7-254* 7. <5 FaeaJJ £w! ."V.. 7.20® 7.50 —Cattle— Few choice *teer* . .. slo.oo® 11.50 Prime corn ted steers. 1,000 to . 1.800 lbs 9.00® 9.50 Good to choice steers. 1.000 to _ 1,100 lbs 8.50® 8.00 Good to choice steer*. 1.000 to 1.200 lb* 7.60® 8.00 Good to choice steer*. 1.000 to „, _ „„„ 1,700 lbs 7.60® 8.00 Common to medium steer*. 800 _ to 1,000 lb* 7.26® 7.60 ——Cows and Heifer* Choice to light heller* • -90® 10.00 Oood lightweight* 7.26® 900 Medium heirer. lnn Common cow* £oo® S 22 Fair cow* i'S? Cutters '4 2 Canners 2.26® 3.75 —Bulls—• Fancy butcher bull* 9 6-00® 6.00 Good to choice butcher bull*. 6.00® 6-60 Bologna bull* *• 4AO® 6.00 —Calve#— Choice veal* 913-00 ® 14-bO Good veal. 11.00® 1200 Medium veal* T 10.00 Lightweight veal* 7.60® 8.00 Common veal* 7.00® 7.60 Common heavle* 6.00® 7.00 Top I*- 88 —Bh>p and Lamb#— Extra choice iamb* Heavy Ismbs Cull lamb# 6.00® 7.60 Good to choice ewe* ........ 300 ® 6.00 Cull* 2.00® 3.00

Other Livestock CHICAGO. Oct. B.—Hc —Receipts. 60.000; market, 15c lower; top, $8 2o; bulk, $7.1008.10; hr&vywelfM, $7 00 @8.20; medium. $7.65 @8.20; ittht. $7.20 8 16; light light*. SO.BO @7.80, heavy packing, smooth. s7® 7.30 packing sows, rough, $0.60®7; killing pigs. $"@7.25. CatUe— Receipts, 30.000: feeding steers and yearlings predominating; martet slow reneraliy. 15 02oc off; yearling* reliecUng least decline; killing quality fairly good: shorts and comparatively long fed knds numerous; top matured steers $12.50: several loads. $10.75 @l2; best mixed yearlings, sll young steers selling above sl2: others steady: she stocks comparatively ecaive: western run Includes 8.000; steady to weak. Sheep—Receipts. 25.000; market fairly active; lambs. 25 050 c up; sheep generally steady; most early sales fat native iambe $13.75013 top to city butchers, $13.40; no western fat lambs sold; heavy feeding lambs around 73 pounds. sl3: few sales fat heavy native ewes. $4. KANSAS CITY, Oct. B.—Cattle—Receipts. 28,000. Calves—Reecipta. 6,000. Better grade beef steers and yearlings scarce; few early sales killing steers around steady; long yeariings, >11.60; no weighty steers sold; she stock f£ l active, steady to strong; bulls and ea ves steady: Stockers and feeders active to strong; twenty six-car string horned Texas feeders. $6.50: average around 500 lbs.; other feeders, $7 07.60. Hogs—Receipts, 10.000; very little doing; few 240-280-lb. butchers to shippers, $7.85. or 10016 c lower; bulk 130-100-lb. averages, $0.75 07.25: looks Bteady; packers not bidding; packing sows mostly $0.26 00.50; stock pigs weak to 15c lower; bulk. $0 0 0.50. Sheep—Receipts, 14.000; lambs 26® 36c higher; early top western. $13.25; others largely sl3 013.16; sheep around 26c higher: range ewes, $0.25. EAST BUFFALO, Oct. 8. —Receipts. 3.750; market' higher; shipping steers, $10013; butcher grades, $8 0 9.60; heifers. $007.75; cows, 81.7600 26: bulls. $300: feeders, $4.50@7: milch cows and springers. s4s® 126. Calves—Receipts, 2.000: market active, 600 higher; ouile to choioe. $4014 60, Shoep and lambs—Receipts, 10,400; market active. 25a lower; cnolae lambs. $13@14: culls to choice. sß® 12.50; yearlings, s7® 11; sheep. 5308.50. Hogs—Receipts. 16,000; market slow, 260 higher; yorkers, $8.2508.86; pigs, $8.26; mixed, $8,75 0 8.00: heavies. $8.8508.90; roughs, $0,600 7; stags, $4.2606. EAST ST. LOUIS. Oct. 8. —CatUe—Receipts, 12,000; market, steady to lower- native beef steers. $10.35' yearlings and heifers, 1.000; cows, s4@6; eaunere and cutlers, $2.3505.25; calves, $10.50; stockera and feders, $4.50 0 00.26. Hogs—Receipts. 22,000: market. 15 0 25c lower heavy, $7.8508.26; medium, $8.0508.25; lights, $7.50 0 8.15; light lights. $0.8008.10; packing sows. $0.5006.85: pigs. $0,500 7.25- bulk, #7.85 @845 Sheep—Receipts. 2.000' market, steady to lower; ewes, $3.60 @0.50 canners and cutters, $103.50; wool lambs, $11.25 013.25. CLEVELAND. Oct. B.—Hogs—Receipts, 0.000: market, 15@250 lower; yorkers, $8.40: mixed, $8.50: medium. $8.0008.80; pigs, $7.60; roughs. $0.75 stags, $4.50® 5. Cattle-f-Recelpls, 1.500: market, steady on good grade; good to choice bulls, ss@o: good to choice steers, $9 010: good to choice hellers, $7 08: good to choice cows. $4.50 @5.50; fair to good cows, $304.50: common cows. s2@3; milkers. $35070. Sheep and lambs—Receipts. 2.000 market, steady; top. $13.75 . Calves—Receipts, 1,200; market. steady; top, sl4. PIT&BURGH, Oct. B.—Cattle —Receipts, 75 loads: market, steady; choi< , $9,500 10.25; good, $8.2509; fair, $0.5007: veal calves. $13.50 014. Sheep and lamhs—Receipts. 15 dd market, steady: prime wethers. $71.60®8: good, $7 0 7.25: fair mixed. $5.5000.60; lambs. SOOI4. Hc-gs—Re-ceipts, 50 dd; market, higher: prime heavy, $8.7508.85; mediums. $8.7608.85: heavy yorkers. $8.76 08.85; light yoraers, sß@ 8.25; pigs, $7.75 @8; roughs, $7.2508: stags, $3.5004. CINCINNATI, Oct. B.—Cattle—Receipts, 4.350: market for choice fat classes steady; medium and common dull, lower; shippers, 57.2509.50. Calves—Market steady; extras, $11.50 013.50. Hogs—Receipts. 7,500; market 10 026 c lower; good or choice packers, SB.OO. Sheep—Receipts. 400'; market steady; extra. $4.60@0. Lmabs—Market strong to higher; fair to rood, $13.50 014. Local Bank Clearings Indianapolis bank clearings Monday were $3,922,000; bank debits wsre $6,828,000.

Greeting Lloyd George at United Press Luncheon

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ALL NEW YORK TURNED OUT TO WELCOME DAVID LLOYD GEORGE TO AMERICA, WHEN HE ARRIVED WITH HIS WIFE AND DAUGHTER. PHOTO SHOWS NEWTON D. BAKER, FORMER SECRETARY OF WAR (LEFT), LLOYD GEORGE AND ROY W. HOWARD OF SCRIPP S HOWARD NEWSPAPERS (RIGHT) OF WHICH INDIANAPOLIS TIMES IS A MEMBER. PICTURE WAS TAKEN AT A LUNCHEON GIVEN THE FAMOUS STATESMAN BY THE UNITED PRESS, ATTENDED BY MANY NOTED NEWSPAPER MEN. THE BRITISH STATESMAN IS SCHEDULED TO VISIT INDIANAPOLIS. OCT. 22.

MOTORIST KILLED AT RAIL CROSSING Drove Into Path of Engine, Witnesses Say. Charles R. Roads, 45, of 928 N. Illinois St., was Instantly killed Saturday when the automobile which he was driving was etruck by Big Four train No. 16 on the Cincinnati division at a crossing Jn Fairland. Ind. According to witnesses. Roads failed to hear the bell at the crossing. He drove directly in the path of the train. A passenger train standing by the crossing obstructed the view of the tracks. The automobile was carried on the tender of the engine for a half mile. The body was found badly mangled. Mrs. Eva Gregg, 932 N. Illinois St., his sister, said that Roads went to Fairland to investigate prospects of starting a moving pclture theater. Mrs. Oregg and Miss lona Roads, Logansport, Ind., sisters, survive. RESIDENT ~65~ YEARS SUCCUMBS AT HOME Sendees for Mrs. Lucinda Reynolds Will Be Held Tuesday. Services for Mrs. Lucinda Marlum Reynolds, 82, who died Sunday at her home, 2441 Pierson Ave., will be held at 2:80 p. m. Tuesday at the home of her daughter, Mrs. F. F. Wocher, 2019 N. Pennsylvania St. The Rev W. O. Trueblood. pastor of First Friends Church, will officiate. Burial in Crown Hill. Mrs. Reynolds lived in Indianapolis sixty-five years. She was born at Terre Haute. Surviving: Fbur daughters, Miss A. May Reynolds. Mrs. F. F. Wocher, both of Indianapolis; Mr*. Elizabeth Hedges and Mrs. Josephine Dawson of Chicago, and two sons, William E. and Frank R. Reynolds of Indianapolis.

UNRESERVED SEATS FOR SERIES NUMBER 38,000 General Admission Ducats to Be Available Each Morning By United Press NEW YORK, Oct. B.—That timehonored custom of the “bugs” forming midnight lines before the world's series ticket wlndo-vs, may be abolished this year. There will be no need of it. Ed Barrow, business manager or the Yanks, said to day 38,000 unreserved seats would be placed on sale at 10 o’clock before each game played In the Yankee Stadium and that there would be plenty of seats for all. Twenty thousand reserved seats and five thousand boxes have been sold. Arangements are being made to handle 63,000 customers In the stadium, but If the demand makes lt necessary 70,000 can be crowded Into the stands. The Polo Grounds will seat 53,000. NICE DAY? NOT AT ALL Husband ‘Lands on’ Man Alleged to Have Accosted Wife. It may have been a "nice day,” but a man giving his name as Edward Stein, 40, New York, and local address as the Claypool, probably doesn’t think so. According to Mrs. M. A. Carpenter, 433 S. Noble St., Stein accosted her at Illinois and Washington Sts., today. When Mr. Carpenter Interrupted the alleged “mashing” with force, police were called. Stein was arrested on a charge of accosting persons on the street. At the Claypool lt was said no Stein was registered. Burglar Interrupts a Batli A negro burglar Interrupted a foot bath Sunday night and was nearly captured by John Bundren 106 Gel sendorf St., when he opened the door to the room where Bundren was taking a foot Igith. Bundren chased the man out the rear door and to New York St., where he was outdistanced. Grabs Bandit’s Watch Chain W. P. McCoy, attendant at the Pure Oil filling station, gave the police a clew to the man who entered the station and robbed him of sl3 Sunday night. *' In a scuffle McCoy grabbed the bandit’s watch chain and key.

Marriage Licenses Charles Mathews, 21, 1341 Kentucky: Genevieve Swiniford, 21. 1413 Nordyke. G. E. Platzfr, 22. 1610 N. Alabama; Dora Gardner. 17. 1744 N. Illinois. D. H. Nolan. 21, 410 8. New Jersey; Ruth Sedinck. 19. 410 S. New Jersey. A. V Tavlor, 48, 1333 Lexington; Mary Albln. 34 708 Fletcher Leonard Dry. 20. 1008 ’ Maple; Reatha Smith, 29. 1010 Maple. O. I. Line. 30, R. R. O; Mary Dowden, 23. R. K. O. Fred Courtney. 23. 910 E. Seventeenth Doris Hope. 20. 910 E Severtteenth L. M. McFall. 29, 1159 Udell; Elizabeth Gurley. 20. 853 W. Twenty-Eighth. F. I. Kendall. 24 181 Eleventh: Mary Mclntoah. 10. 1014 SterlinrL. M Murphv. Hi. . . . .p. Waah.i Sarah Beck. 61. 330 N. Garfield. Marshall Dlgmore. 64 Greetuburg. Ind.: Claudia Corthum. 38 732 Buchanan. M H. Mix. 22. 715 V. Capitol; Anna Hall. 21, 711 N. Pennsylvania. C. A. Knapp*. 07, Muncle. Ind.: Ida Margluon, sft. Ben Davi*. H aril n Scott. 33. Indianapolis; Emily Bche)lichm!dl. 20, 2255 N Taloott. M. V. Cox 23. 221 N. Capitol: LudUe De Lop. 22. 814 S. East Ernest Wimmer. 30 1815 N. Capitol: Viola Pfeter. 29. 1318 N. Capttoi. M. C Briekort. 25. Danville. Ind.: Anne Carroll. 70. 3022 Central. Joseph Gobek 40. 718 N. Holmes: Jennl* Urbanote, 30, 739 N. Holme* R C. Gooch. 24 Centerton, Ind.: Lillian Woodruff 18 1638 W. Ohio Roy Dickerson 25. 330 N. Dearborn: Georgia Coleman, 27. 2920 E, New York. Ernest DiUee 21. 1117 W. UdeU: Clara Parr. 17. f>"4 W New York. Albert Hash, 39, Sandborn. Ind.: Lou*a Grom* 29, 2154 Ashland. R. P Fields 22. 700 N. Sheffield: Pearl Llttrell. 19 747 N. Elder. Dewey Crayton 25. 1523 N Capitol: Helen Cloyd 17. 129 McLain. H. D Westfall. 29. 208 Holton: M*rle Loulgo. 80. 1416 A*h!and J 11. Bunch. 23 704 E. Maryland: Myrle Sater*, 20. 01 8. Noble. J 0. Dugan, 29. 621 Alton: Thelma Winning 20 900 E. Sixteenth. C. Y. Taylor. 50. R. R. G: Sarah Vomholt, 53, B. R. G. Births Boy* Arthur and Elnn Lockhart, 331 8. Fmaron Frank and Mary Johnson. 741 Roach. Charles and Blanche Jensen, 3127 E. Mlnniwot a. Leroy and Edna Harrison, 118 83. Randolph. _ MoC.rath and Margery Phelp*. 319 & Nineteenth. Gl* and Josephine Oolllna. 1307 B. Mlchr iKf \Valter and Mingle Waltman, 8510 B. Twenty Vth. A L. and Ad* Nelson. 628 Eastern. Harry and Myrtle Coble, 825 Bright, boy twins Arthur and Ella Taylor, 933 N. Lynn. Clarence and Alpha McClain, City Hospital. Girls George and Bessie Bohanon. 662 River. Forest and Hazel Bums. 610 S. Meridian. Trivia and Goldie Bawling*. 622 W. Twen-ty-ninth. Walter and Dorothy Blrt. 1345 Udell. Basil and Rosalie Robinson, 1430 N. Illinois. Florlan and Regina Pohl, 1267 Standard. Charles and Nadine Anderson, 631 N. Belmont. Sander* and Ellen Stupes. 8142 Kenwood. Paul and Mtrtha Owen, 2748 Bel lei outalne. Chancellor and Mary Hoag!and, Dcaoones# Hospital. Owen and Smith. Deacon##* Hospital. Harry and Kathryn Bate#, Deacon#** Hospital. Ernest and Louis# Baker. 706 Wood lawn. Ashton and Irma Wood, Methodist Hospital. Harold and Joaie Blackwell, Methodist Hospital. Samuel and Ruth Back. 31 N. Temple. John and Idella .Nathan. 2302 8. Pennsylvania. Chares and Rebeoca Frelgn, 1359 W. Twenty-fifth. Kenneth and Ella Ray. CUy Hospital.

Deaths Mary Chrlsanna Butler. 11 months, 700 Twenty-fourth, broncho pneumonic. Robert Oliver Propst, 12 days. Methodist Hospital, Intra cranial hemorrhage. Ann Donohoe, 711, 520 E. Vermont, cardnoma. John Rodgers, 65. Methodist Hospital, carcinoma. Lucy B. HesSler, 47, 26 B. 8011-on, carcinoma. Nancy A. Bmlth. 73, 915 St. Peter, chronic interstitial nephritis. Ctirlstian Carl Nlalaon, 40, 823 Chase, acute myocarditis. Richard D. Arnett. 4, City Hospital, diphtheria. Donald Brown. 41, long Hospital, chronic myocarditis. Ella Catherln Noll, 74. 4816 Central, toxemia. Jennie Pearl Wetsman. 05, 81 S. MeKlm, apoplexy. Ida L. Mcßride, 60, 421 N. LaSalle, acute nephritis. Building Permits Harry C. Henderson, reroof. 001 E. Washington. $75. Winfred G. Brown, garage, 821 Graham, SOS. Winifred G. Brown, garage, 321 Graham. $2Bl. Fred Reinert, dwelling, 8913 Ingram. $6,000. H. G. Heckman, dwelling, 922 Moreland. $2,500. D. Huffman, addition, 2255 Broadway. $450. A. .1. Smith, dwelling, 808 Carlyle, $4,003, J. A Smith, dwelling. 632 Cariye, $4,000. A. C. Newby, rcroof, 4020 N. Meridian, $985. H. A. Brown, reroof, 1905 N. New Jersey, $350. SELECTED FOR GLEE CLUB Five Local Youths Will Sing With Purdue Organization. Five Indianapolis students at Purdue University have been selected to sing with the Purdue glee club for the coming year. They are: W. E. Dittrich, 1023 Parker A e.; R, C. Lennox, 2413 N. Delaware St.; F. L. Welch. 2805 N. Gale St.; L. F De Sautel, 49il 'Washington Blvd„ and R. E. Burt. 1220 N. State Ave. The club will carry about forty (lagers and specialty men this year.

1 ’FRAID TO DIE,’ CHIMMITS Kee Goon Out of Hospital After Fight With Robber, Kee Goon, or Goon Key, as they would call him in China, la out of the city hospital today convalescing from a bullet wound in his left lung. Two weeks ago Goon, proprietor of a Chinese laundry at Sixteenth and Illinois Sts., was sent to the city hospital in the same ambulance with the man who, in a fruitless effort to rob him. shot him four times in the chest and shoulder. on#*f the bulelts piercing his lung. Doctors said he didn’t even have a “Chlnamen’e chance” of living. But over in China live Goon Key’s father, mother, wife and a 10-year-old son. “I get well,” he said. ‘‘ln five or six year I go to them.” “I frald to die. It make me all hot. I think of it. The fever it go up, 120, 130, 140—wow —awfa hot. "Don’t know why . I frail.** CITY VIGILANT IN MENTION Schools and Clubs Study Conflagration Problems, Indianapolis launched a fire-preven-tion campaign today with programs in city schools. Chamber of Commerce, and civic clubß. The drive will close Saturday. Several local pastors devoted a part of their sermons Sunday to fire prevention. City firemen addressed school children on fire loss reduction and give Instruction on eliminating fire causes. Fire Chief John J. O Brien estimates 85 per cent of Indianapolis fires are preventable. Within the past year there were 4,042 alarms In Indianapolis. an Increase of 849 over the previous year. Total damage was $878,215, a decrease of $84,536 In fire loss. Shingle roofs are the greatest single fire hazard, O’Brien said. A public demonstration of fire fighting methods will be given in the yard back of fire headquarters Tuesday night. Fire prevention will be the topic for discussion at luncheons, and moving pictures will be shown at city fire stations during the week.

CHILD WELFARE SURVEY

National League Director Here to Aid Welfare Society. C. C. Carstens, director f the Child Welfare League of America and one of the foremost authorities on child cere in the country, arrived In Indianapolis today from New York to make a short survey of local conditions relating to child welfare. A meeting of the staff of the Family Welfare Society will be held on Tuesday morning at the society’s headquarters in the Baldwin building. A luncheon will be held Tuesday noon by directors of the Family Welfare Society and other Indianapolis citizens. Carstens will discuss child placing and other child welfare prob lems. 70 TO ATTEND CONCLAVE Young People’s Council Meets to Complete Plans. The Marlon County young people's council will mee' 7:46 p. m. today at the Immanuel Reforined Church, Prospect and S. New Jersey Sts., to complete arrangements for tho local delegation's participation in the young people’s State conference at Richmond, Ind., Oct l r to 21. About seventy local young people, representing the various young people’s organizations of Indianapolis churches, will attend. New Citizens Get Papers Twenty persona who passed naturalization examinations two weeks ago weer presented citizenship peters by Miss Margaret Mahoney, deputy county clerk, at a magg meeeting in Communal Hall Sunday.

MUNICIPAL LEAGUE CONVENTION PLANS ARE MADE PUBLIC Sessions Run From Wednesday to Friday at Severin —Seebirt Presides, City problems will be discussed from every angle at the annual con vention of the Municipal League, which opens Wednesday evening at the Severin. Indianapolis city officials are work ing in a program of discussion and entertainment which will surpass other years, according to Taylor Groninger, corporation counsll, today. The program opens Thursday with the fallowing: 10 A. M.—Mualo: address, “Valuation of l’llblie UtilitioK,” Edward W. Bemis. con (rultirik engineer oi New York and Chicago 10:45 A M.—Address. “Power of Federal Courts to Control Orders of Public Service Commissions,” Taylor E. Grontnger. corporation counsel Os Indianapolis. 11:15 A. M.—Address, “Police Service and Law Enforcement," Dan Pyle, member of board of public safely of South Bend. 2 P. M.—Music: address. “City Planning and Zoning." Lawrence V. Sheridan, citjplanning engineer of Indianapolis: discuslon led by Professor Lommel of Purdue University, Lafayette. 3:30 P. M Address, “Efficient Fire Protection and Prevention." Frank 0. Jordan, secretary of Indianapolis Water Company. 6:30 P. M.—Banquet at Severin Hotel: address, “The Limits of Municipal Freedom,” Dr. A.. R. Hatton of Western Reserve University, Cleveland. O.: address by Hon. William E. Devra-, mayor of Chicago; discussion on “How Can the Municipal League of Indiana Be Made More Useful.” led by Prof. Frank G. Bates, executive secretary, of Bloomington. —Friday—--10 A M.—MuMe: address, “Modern Street Lighting.” R. L Baldwin of Bums Sc McDonnell, consulting engineers of Kansas City. Mo. " V 10:45 A M.—Address. “Street Lighting by Assessment In Indiana.” Hon. William F. Hodges, ex-president of league, Gary. 11 A. M.—Address, “Who Shall Inherit the United States—the Final Test of Democracy Will Come In the Cities?” Hon Oswald Ryan, city attorney of Anderson. 11:45 A. M.—Report of committee*; election of officers: selection of place for holding next convention. 2 P. M.—Tour of Indianapolis. Mrs. Florence Peekmann, Mayor Shank’s stenographer, and Mrs Bes sie Reed, stenographer In the city legal department, will register league members. More than 100 officials are expected to attend. Slink to Speak Mayor Shank will welcome delegates at a banquet at the Severin Wednes day evening. Mayor Ora Dav,s of Terre Haute will respond. Felix M McWhirter of the Indianapolis Chamber of Commerce will speak. Committees: Reception: John B. Reynolds, chairman Charle* E. Coffin. Almus G Ruddel. Joscpli L. Ilogue. John C. Ruckelshsus. John Mccardie, John Kirkwood, hte Rev. A. B. Phii£utt. Herb Jennlgs. Robert Bryson. Robert . Moorhead. Lrrest Kingston, Leo K. Fee ler Dr E. K. Hodgin. O. B. lies. Frank R Wolf. J. E. King, Otto Ray Adolph G. Em hart. Russell P. Harrison. Charle* A. Book waiter. Russel R. Ryan, Clarence Weir. Charles 11. Hurd. Curtis Hodges. Jame* A Stuart, Volney Fowler. William E. Reiley. Harper J Ransby. Fred B. Johnson. John Walker. Ralph Lemeke, John J. O'Brien. Herman Kikhofl. Charles Jewett, William Freeman. Henry Spaaji. George Montgomery Jkme* Ogden, Bussell Wilson. Felix’McWhtr ter. Sot Meyer. James E. Beery. F M. Avres Samuel D. Miller. William A. Ptcken* Irving W. Lemaux and Gustav Schmidt. Entertainment committee: W T Ballev chglrman: Mrs. Sarah Sba.ot. Michael j Glenn. G. Carlton Guy Samuel Oaddle. E. O Snethen, Mr*. Ji-seph B. Keaihig. R. Walter Jarvis, Elmer E. Williams and John Elliott.

FORD POWER COMPANY APPLIES FOR FRANCHISE Company Asks Permission to Dam River In Wisconsin. By United Press MADISON, Wls., Oct. As the first step In developing a gigantic water power system In Wisconsin, the Ford Hydro-electric Company, applied today for permission to construct a dam In the Menominee River. The application was signed by Edsel B Ford, president of the company. BANK PRESIDENT IS DEAD John Harcourt, Washington Township Resident, to Be Buried Tuesday. John Harcourt, lifelong resident of Washington Township and president of the Broad Ripple State Bank, will be burled at Crown Hill Cemetery Tuesday, following services at the home, north of the city, at 2 p. m. Mr. Harcourt died at homo Sunday after a short Illness. He was a charter member of the Pleasant View Lutheran Church and the Masonio Lodge Asa breeder of fine hogs, he was wldejy known In the county and aur rounding counties. Surviving are the widow, Mrs. Marj E. Harcourt, and three daughters. Mrs. Herbert A. Mlnturn, Mrs. Myron E. Dawson and Miss Delpha Harcourt, ail of north of Indianapolis. SCHOOL BUILDING BIDS Board to Receive Proposals on Three Local Projects. Bids for new buildings and additions at Public School 23, Missouri and Thirteenth Sts.; No. 75, Belleview PI. and W. Fourteenth St., and No. 76 Qollege Ave. and Thirtieth St„ will be received by the school beard today. Next week bids on the last of eight buildings provided for In the board’s building program will be received. If the bids are satisfactory to the State tax board that body will approve a bond Issue of $1,650,000 for construction of the buildings. Four Charges Preferred Dee A. Smlthennan, 34, colored, 1554 Linden St., is in city prison today on charges of assault and battery, vagrancy, malicious trespass nad re slating an officer. The negro was ar rested Saturday, after it Is alleged, he attempted to enter the home of Mtb. Clara Navln, 326 N. Illinois St Rushville Youth Fatally Shot By Times Special _ _ . RUSHVILLE, Ind, Oct B.—John Cohee Jr., 20, was fatally shot while sitting In his room Sunday Whether the shooting was accidental or with suicidal intent is not known.

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