Indianapolis Times, Volume 35, Number 135, Indianapolis, Marion County, 17 October 1923 — Page 11
WEDNESDAY, OCT. 17, 1923
LIST SINKS WHEN .NEEDED SUPPORT FAILSTDAPPEAR Tails Particularily Succumb to Pressure In Early Dealings, NEW LOWS ARE REACHED Tuesday's Industrial Average Duplicates Low for the Year, The WALL STREET JOURNAL NEW YORK, Oct. 17.—The industrial average as compiled by Dow, Jones & Cos., exactly duplicated the low for the year at the previous close and speculative attention was turned at the opening of the stock market today to whether sufficient support would develop to keep this level Intact. This consideration dwarfed outside news, although some uneasiness was aroused by the civic disturbances in Berlin. Leading Instocks continued to display a tone while a number of new lows on the movement were reached in the rail list. First Hour Stockc continued under pressure throughout the first hour in which Northern Pacific reached a further new low for the year, while KellySpringfield and U. S. Alcohol were the heaviest features of the industrials. Improvement in steel orders since the first of the month has not been reflected in the stocK market. There has been a better demand from railways and automobile companies while Japan and the oil companies are beginning to show more activity op the buying side. Second Hour Finding little stock for sale at around the year’s lows, traders attempted to bring about a rally In the late morning. J. J. Manning was the principal buyer of American Can, while Steel, Baldwin and Studebaker was also taken In blocks large enough to Indicate powerful Influences were at work. Steel rebounded more than a point and proportionate recoveries took place in other speculative leaders. Endicott-Johnson contlifued heavy, breaking into new low ground for the year. Noon Hoar Stocks continued to show an improved tone in noon dealings, but nothing developed In the way of a further rally. Instead of support, cropped out in several sec nons of the list. American Wool was subjected to renewed perssure which broke out again in Pan-American issues. Rumors of financing by PanAmerican Petroleum persist. People usually well Informed regarding the company’s affairs look for an announcement next week. Twenty active industrial stocks on Tuesday averaged 86.91, off 1.16 per cent. Twenty active rails averaged 78.26, off 1.48 per cent.
Local Bank Clearings Ir.'ianapolls bank clearing’s Wednesday were $3,860,000; bank debits were $5,859,000. Foreign Exchange By United Financial NEW YORK. Oct. 17.—Foreign exchange easier. Sterling, demand. $4 53 fe ; $4.53 H • Franca, demand. 6.00 c; cables, 9.00 He. Lire, demand. 4.67 He; cables. 4.68 c. Belgian, demand. 5.18 c: cable*. 5.18 He. Marks. 4.444,000.000 to the dollar. Czecho. demand. 2.98 c; cable*. 2.96H0. Swiss, demand. 17.94 c: cables. 17.90 c. Guilders, 89.22 c; cables. 39.25 c. Pesetas, demand, 13.57 c:. cables, 13.59 c. Swedish, demand. 20.38 c: cables, 20.42 c. Norway, demand. 15 51c; cables. 15.55 c. Denmark, demand, 17 57c; cables. 17.01 c.
Produce Markets
INDIANAPOLIS. Oct. 17.—Fresh eggs, loss off. 35c: packing stock butter, 28c; lots off. 35c; packing stock butter. 28c: springs, under 2 lbs., 28c; springs, over 2 lbs.. 19c; fowls, 4 lbs. up, 22c: fowls, under 4 lbs., 17c: Leghorn poultry. 26 per cent cacks. 10c: young tom turkeys up, 270: young hen turkeys. 8 lbs 27c; old tom turkeys. 22c: ducks. 4 IOS. up. 15c: geese, 10 lbs. up. 11c: young geese, a lbs. up. 15c: squabs. 11 lbs. to the dozen, $4: young guineas. 1H lbs. up. dozen. $7; oid guineas, dozen, $4.50 Indianapolis creameries are paying 15c a lb. tor butter!at. CHICAGO. Oct. 17.—Butter—Receipts. 0,398: creamery extra. 47 He: standards. *SHc; firsts. 42043 c: seconds. 41 ©4l fee. Eggs—Receipts. 4.309; ordinary firsts. 25® 20c: firsts. 30©.3-lc. Cheese—Twins. 23% 824 He: young Americas. Ss2sfec. Poultry—Receipts. 10 cars: fowls. 14® 28c: ducks. 19c: geese 19c: springs. 19c; (urkeys. 25e roosters. 14c. Potatoes—Rleijjts. 309 cars: Wisconsin round whites, -,95c®51.15: Minnesota and North Dakota •- U. ’C. 80c® $1; Red Riser Ohios. 85 @ 95c. GLZYKLAND. Oct. 17.—Butter—Extra In tubs. 61 H® 52 He; prints. '6O ©sl He; firsts. 49H@51 He; packing stock. 34 fe@ 88He. Eggs—Fresh gathered northern extras, 4Se: Ohio firsts. 89c; western firsts, new cases. 37He. Poultry—Heavy fowls, 18S28c, light fowls, 18®21c; cocks. 15® ITe; broilers, 28®27e; ducks, spring. 18® 22c. Potatoes—Virginia cobblers. $3 ©5.75 par barrel, $4.65 per 150-lb. bags. NEW YORK. Oct. 17.—Flour—Quiet, steady. Pork—lnactive. Mess—s2s.so® 26. Lard—Firm; mid west spot. sl3 05® 18.15. Sugar—Raw. firm, $7.00: refined, ten: granulated. $9.15®9.00. Coffee—Rio rt£bt. 11H: Santos. No. 4, 14H© 15He. Taiiow—Steady: special to extra, 7 H® 7 tie. Hay—Quiet: No. 1. sls: No. 3 $12.50© 13. Dressed poultry—Firm: turkeys 20©55c: chidtena, 236 43c: fowls. 15 044 fee: Ducks. L. I-. 27c. Live poultry—Quiet: geese, 20 022c:-ducks. 14@17c: fowls. 17®27e: tlrters. 35©40c: roosters, 16c: chickens. 18022 c: broilers. 24c. Cheese—Steady; Stato whole milk, common to sracial. 22 027 He; State skims, choice to specials, 18019 c; lower grades. 6© 15c. Button— Steady; receipts. 13.041; creamery extra: special market. 48c: State dairy tubs, 48 fe ©440. Eggs—Firm, 39 ©47 fee; receipts, 17,440; nearby whites, fancy, 80©84; nsarby Stats white. 40® 82c: Fresh firsts it, extras. 35© 49c: Pacific Coast. 40® 74c: western whites, 40© 82c; nearby browns. AO® OOo: Pacific Coast, firsts to extras, 00 0yfoo; gathered whites. 42 @ 03c. New York Money Market By United Financial NEW YORK. Oct. 17.—Time money market easier. Brokers bid 5 per cent. Lending banks ask 5H per cent on thirty to sixtyday loans. Longer maturity is sfe per cent bid and sfe per cent offered. Prime names 'H per cent, other good names 5H per cent. Tha 5H per uent appears in greater bulk and moves easier. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift A Cos.: Ribs—No. 2. 30e: No. 8. 17c. roine —No. >, 25c: No. 3,18 c. Rounds— No l*|: No. 8, 150. Chucks—No. 2 1 Sc: No. *. 11a. Plata# ■■ -No. 2. Sc: No. *. 7a.
New York Stocks (By Thomson A McKinnonl
, Railroads— at 12:45 Prev. High. Low. P. M. Close. Atchison .. . 05 % 85 % 8E % 86 % B. A O. ... 60% 65% 50% 5514 Can. Pacific. 142% 1421, 142% 143 C. A 0. ... 65 % 641, 65 S 66 % at. N. pfd.. 5314 5114 5214 51% New Y. C.. 100% 8914 100*4 100 North Pacific 61 % 60% 5114 60% Nor. A WeeWlOa 10114 102 101 % Pennsylvania 41 % .... 41 % 4214 Reading ... 74 % 73 % 74 % 73 % South. RaU.. 32% 32% 82% 82% South. Pac... 85% 85% 85% 85% St. Paul pfd. 2414 23 % 24% I Union Pac. .127% 126% 12714 127% Wabash pfd.. 30% 30% 3014 80% Robbers— Kelly-Spring. 22 20% 21% 22% U. S. Rubber 86% 85% 36 88% Equip men is— Am. L0c0... 69% 88% 69 69 Baldwin L0c0.116 % 114% 115% 114% : Gen. Electric 170 % .... 170% 170% ; Lima Loco.. 68% 68 63% 62% Pullman ...116% 116% 116 IW. Electric. 66 % 56 % 66 % 56 % Steels—- ! Bethlehem .. 47% 46% 46% 46% Crucible .... 59 67 % 69 68 % i Gulf States.. 73% 71 72% 72 Rep I and S. . 43% 43% 43% 42% |V S Steel ..87 % 85 % 86 % 86 % Motors— Am Bosch M 24% ... 24% 24% Chand Mot.. 44% 44 44 % 43% Gen Motors.. 13% ... 13% 13% Max Mot A.. 37 36% 30% 36% Studebaker.. 90 94% 96% 94% Stew-Warner. 83 81% 82% 81% Timken 34% 34 34% 34 OUt— Cal Petrol... 18% 18% 18% 18% Cosden 26% 25% 25% 26% Marland Oil. . 22% 21% 22% 22% Pan-Am Pete. 60V* 55% 56% 66% Pan-A Pete B 53% 52% 53% 63%
CORN FEATURES GRAINTRADING Wheat and Oats Go Lower in Initial Dealings, By United Financial CHICAGO, Oct. 17.—Wheat and opts were unchanged to fractionally lower and corn was higher In initial trading on the Chicago Board of Trade today. Responding to weaker outside markets, wheat displayed an easier undertone. On the early dip, however, locals assumed the buying side and some of the earlier losses were recovered. There was some export business reported. Liverpool opened unchanged to lower. Argentine suffered a severe break Tuesday, prices going down from 3 to 4 cents with favorable weather and .crop news and lower exchange rates. Rains over parts of the belt which will further delay conditioning and movement, together with lighter receipts, caused an upturn in corn valuers. Feeder demand is diminishing, farmers showing a disposition to market their live stock rather than pay the high prices for feed. Oats were dull and neglected at the outset, but gathering some strength from corn, the market turned strong. Provisions were off with lower hog values and easier cables. Chicago Grain Table At 11:45—Oct. 17 WHEAT— Prev. Open. High. Low. Close, close. Dec... 1.08 1 08% 1.07% 1.07% 1.08% 1.08% 1.08% May.. 1.12% 1.12% 1.12% 1.12% 1.12% 112% 1-72% July.. 1.09% 1.09% 1.09 1.09 1.09% CORN— Dec.. .78 .78% .77% .77% .77% 77% .77% May.. .70 .70 .76% .75% .76% .75 % July.. .76% .70% .75% .76% .75% .76 % OATS— Dec... .42% 43 42% 48 .48 May.. .43% .43% .45% .45% .46 4 July.. .44% .44% .44% .44% .44% CHICAGO. Oct. 17.—Primary receipts: Wheat. 1.491.000. against 1.680.000: com. 824.000. against 1.323,000: oats. 1,099,000. against 892,000. Shipments: Wheat, 800,000, against 997,000; com. 287,000, against 667,000: oats. 898.000, against 824,000. CHICAGO. Oct. 17.—Car lot receipt#: Wheat, 61: corn. 214: oats. 120; rye. 4.
Cash Grain
I INDIANAPOLIS, Oct. 17.—Total receipts | for the d;y. 64 care. ! Grain prices quoted f. o. T>. basis. 41 %o to New York: hay on track Indianapolis. Bids for grain and hay at the Indianapolis Board of Trade were: Wheat—Through billed easier: No. 3 hard, $1.04 @ 1.07; No. 2 red, $1.0601.09. Corn—Steady: No. 2 white. $1.0501.07; i No. '8 white. $1.04 01.06; No. 2 yellow. $1.05 01.07: No. 3 yellow. $1.04 01.00; No. I 2 mixed. $1.0301.05; No. 3 mixed, $1,020 . 1.04. Oata—Easier—No. 2 white. 41042%c: No. 3 white, 39 040% c. Hay—Firm; No. 1 timothy, $22.50 023; No. 2 timothy. $21.50022; No. 1 light clover mixed, S2O 020.50; No. 1 clover mixed. s2l 021.50; No. 1 clover hay. $21.60 022. —lnspection* Wheat—No. 2 red. 1 car: No. 8 red. 1 car; No. 5 red. 1 car; No. 1 hard. 1 car; No. 2 mixed ,2 care; No. 3 mixed. 1 car; sample, 4 cars. Total, 11 cars. Corn—No. 2 white, 8 cara; No. 3 white, 1 car: No. 1 yellow, 1 car; No. 2 yellow. 5 care; No. 4 yellow. 1 car; No. 6 yellow, 1 car; sample yellow, 2 cars; No. 1 mixed, 1 car; No. 2 mixed. 4 cars. Total, 19 cars. Oats—No. 1 white, 2 care; No. 2 white. 4 cars: No. 3 white, 6 cars; No. 4 white. 3 cars% sample white, 2 cars. Total, 17 cirs. Rye—No. 4, 1 car; sample. 2 cars. Total, 3 cars Hay—No. 1 timothy, 2 care: No. 2 tim- • othy. 1 car: No. 1 clover mixed. 1 car. i Total, 4 cars
Grain Briefs
CHICAGO, Oct. 17.—Large wheat trader# feel that unices there are new developments, prices may work lower. Optlmiata predict a sharp upturn shortly. Farmer* are husking and rushing corn to market in order to take advantage of the high prices. Export of United States Wheat and Armour Sc Cos. to the Department of Commerce for three months and a half has been equal to 60.000.000 bushels. Fall wheat planting in Kansas and nearby States is being hampered by heavy rains and untenable fields. Senator S. D. Feas. Ohio, addressing the Duluth Chamber of Commerce expressed opposition to price fixing in wheat. Strong efforts art being made to revive the Gould plan of extended foreign 'credits in order to start moving the wheat surplus in this country, It has been rumored. Local Hay Market Loose hay—slß 0 21; bales, $17020; light mixed hay, sl7 0 20. Alleged Thief in St. Louis St. Louis police are holding Ralph Burckett, 18, Newark, Ohio, suspected of stealing a car belonging to John Bazif, 145 S. Belmont St. Sept. 2z, according to word recevied by local officers. j Unlisted Man Faces Charge Orville Clelard, 18, enlisted at Ft, Harrison, who was arrested after an accident here Monday, was taken to Muncie today to answer a charge of taking a car owned bjr Ross Gross, Muncie, according to local police.
Prev High. Low, Close, close. Pro and Ref 21% 20% 21% 21% Pure Oil ... 17% ... 17% 17% St Oil of Cal 61% 60% 61 51% St Oil of N J 33 32% 33% 32% Sinclair 18% 18% 18 % 18% Texas Cos 40% ... 40% 40% Minings— Int Nickel ..11% ... 11% 11% Coppers— Amer Smelt .50 ... 65 % 66 % Anaconda ... 35% 35% 35% 35% Kenneeott ..82% 82 32% 32% Utah Copper. 57% ... 67% 67% Industrials— Allied Cham. 02 80% 62 61 Am. Can 92% 90% 91% 90% Am. Woolen.. 71% 70% 70% 70% Can. Leather. 14% .... 14 14% Coca C01a... 70% 08% 70% 70% Cont. Can... 47% 46% 47% 47 Earn. Players 68% 67% 08% 68% Inter. Harr. . 78 73 72% Mont. AW... 23 .... 22 21% Nat. Enamel 40 39 40 39 Sears-Roe. ..78 75% 78 70% U. S. In. Al.. 49 47% 48% 49 Utilities— Am. T. A T 123% 123% 123% Con. Gas ... 60% 60% 00% 60 Col. Gas 32% 32% 32% 32% Shippingl—Atlantic G... 12% 12% 13 In. M. M. pfd 24% 22% 24% 23 Foods— Am. Sugar... 69 57% 58% 68% Am. Beet Bg. 33% 33% 33 Com Prod.. 123 122% 123 123 C. C. Bg. pfd.. 44% ... 44% 44% C.-Am. Sugar 29% 29% 29% 29% Punta Alegre 53 52% 52% ' 52% Tobaccos— Tob. P. (B). 55% 56% 55% 55
Your Dollar Uncle Sam Tells Who Gets It
Cr#j*7Tl /6, Y A 7CEN-fA \ /PROFrf'flc Y\ / CI?NTS \/ov£rhead\| 11 MaTe:r \ als Ru Ralph roues’ A N English visitor refers to the Americans as a nation of “ice <_! cream guzzlers." The tempting i mound of frozen cream probably Is the most popular dessert, displacing pie In the leadership it once enjoyed. The materials that go Into Ice ! cream are the greatest factor In Its cost, according to figures gathered j by the United States Government. Out of each dollar received by the I ice cream manufacturer, materials take 61 cents. The labor cost is smaller than In many Industries for 12 cents goes Into wages. The manu--1 facturer gets 27 cents to cover his profit, overhead and taxes. Ice cream prices often rise in the summer, although that is the season when milk and cream are the cheapest. A fall of 5 per cent in materials decreases the cost of Ice cream making 3 cents in each sl. A 26 per cent Increase increase in wages would Increase the cost of manufacture by 3 cents. NEXT—Fountain Pens.Indianapolis Stocks —Oct. 17— Bid. Ask. Am Cent Life 200 Am Creosoting Cos pfd 90 ... Belt R R Cos 09 72% Belt R R Cos pfd 62 % ... Cent Bldg Cos pfd 98 Cities Service com ....—...120% 130 Citlea Service pfd 00 68 % Citizens Ga* Cos com 26% 28% Citizens Gan pfd 100 103 Ind Hotel com 100 ... Ind Hotel pfd 100 lud Nat Life 0 ... Ind Pipe Line pfd 88 91 Ind Title Guar Cos 70 ... Indpis Ab pfd 60 Indpis Gas 49 53 Indpls A Northwestern pfd. . 36 45 Indpis A Southern pfd ... . . 50 Indpls St R R , 66 Indpis Tel com ........... 1 ... Indpls Tel pfd ............. 90 ... M<-r Pub Util Cos pfd 78 ... Nat Mot Cos 2% Pub 9av Ine Cos —.... 12 ... Rauh Fer pfd 50 ... Standard Oil of Ind 64% 65% Sterling Fire Iris Cos 8% ... T H 1 A E com . 1 5 T H I A B pfd 9 15 T H Tr and Lt Oo 86 90 Union Trac of Ind com 1 5 Union Trac of Ind let pfd. . 18 23 Union Trac of Ind 2d pfd ... 5% 8 % Van Camp Prod let pfd 100 Van Camp Prod 2nd pfd • 100 Van Coal Cos com 1 6 Van Coal Cos pfd 9 16 Wabaah Ry Cos com 8% 10% Wabash Ry Cos pfd 29% 31% Bonds Bolt R S Y 4e. May. '3O 82% ... Broad Ripple 6e 06 Citizens Gaa 5a 84% 88 Citizens Gaa 7s 99 103 Citizens St R R 6a 81 85 Ind Coke Cos 6 .. 90 95 lad Hotel Oo 5s 93 Ind Hotel Cos 2nd 6s 99 % Ind North 5g ...... Ind R and Lt 5s 90 Ind Union Trac 5s ... Indpls Ab Cos 7%s 100 103 Ind Col A Bo 6s 90 100 Indpls Gas 5s Indpls Lt and Hit 6 94 90 Indpls A Mart . . 01 ] Indpls North 5s 49 63 i Indr's A Northwestern 50 55 ! Indpls A S 0s v. 40 Inti Shelby 5s 50 Jndple 8t Ry 4s 04 68 Indpls Trac and Term 6a.... 80 88 Indpls Union Ry 5a 90 ... Indolg Union Ry 4%a., 95 ... Indpls Water 4%s 86 88 Indpls Water 5%s T 94 90 Bouth Ind Power Cs 105 ... T H I A E 5s 66 71 Union Trac of Ind 6a 65% 70 Hales SIO,OOO Indpls Trac A Term 6a.... 86% CHURCHES AID DE PAUW Meridian Street Methodists Expected to Raise $25,000. Methodist Episcopal churches of the city are lining up behind the endowment fund appeal of De Pauw University to raLe $200,000 in Indianapolis as the city’s share of a $1,000,000 endowment and building fund, lt was announced today. General Chairman H. H. Hornbrook said Meridian Street M. E. Church Is expected to contribute not less than $25,000. The local alumni association of 600 men and women is planning to raise $50,000. Bishop F. D. Leet has assured the committee that "all difficulties will be overcome and the great fund will be raised. “De Pauw always gets what she wants.” Raw Sugar Market By United Financial lrtw YORK, Oct. 17.—The raw sugar magfcet opened steady. October. 5.95® 6.96 c: November, 6.20 e bid: December 6.27® 6.28 c; March. 4.09 @4. lie: May. 4.17® 4.19 c. Cloverseed Market Local dealers are paying 87.50® 10 a bushel fbr cloverseed.
THE INDIANAPOLIS TIMES
HOGS REGISTER ANOffi SLUMP Excessive Receipts Again Responsible for Downward Revision, Hog Prices Day by Day Oct. 260-300 lb*. 200-225 lbs 160-180 lbs. 11. 8.50® 8.65 8.40® 8.50 8.85® 8.40 12. 8.25®' 8.35 8.16® 8.25 B.lo® 8.20 13. 8.20® 8.26 B.lo® 8.20 B.oo® 8.10 16. 8.15® 8.30 B.oo® 8.15 7.90® 8.00 16. B.oo® 8.15 7.75® 800 7.60® 7.75 17. 7.90® 8.05 7.50® 7.BJ> 7.40® 7.00 Hog prices took another downward step in trading at the local livestock market today, due, principally, to another excessive run of 16,000 Inclusive of Tuesday’s hold-over, which numbered almost 1,800. The decline, quotably 10 to 15 cents, was not as abrupt as on Tuesday, but served to market and to emphasize the scarcity of matured hogs, for which premiums are being paid. Even heavier hogs lost a dime at a top of $8.05, selling generally from $8 down to $7.60, while mixed hogs sold from $7.50 to $7.80, and lights from $7.40 to S7.GO'. The bulk of business was transacted between $7.45 and $7.60, two of the largest buyers in the yards having purchased their "strings” within that range. The decline in the general market was commfinicated to the rough and pig markets, sow-s selling a quarter lower at $6.50 down, and pigs equally lower at $7 down. Traders with light hogs in their pens found the market almost "bottomless” unless the lighter hogs were accompanied by pens of stronger weights. The cattle market, displayed steadiness from the opening, with the, oosBible exception of medium steers, which showed an easier tendency due to heavy receipts of this class. Altogether about 4,000 cattle were In the yards, though approximately 8,000 of this number were consigned to the Highland Hereford Association, which will hold its third annual auction Hat urday, A loss of 50 to 75 cents in the price of veals brought the top for choice fancy calves to $12.50, while tho bulk sold from $11.60 to sl2. In spots the market might have been os much as $1 lower. Receipts 800. Lamb prices dropped 60 cents to a top of sl2. while sheep sold steady at $6 down. Receipts, 900. —Ho**— Choice $ 7.40® 7.45 I.l*ht mixed 7.46® 7.65 Medium mixed 7.60® 7.80 Heavyweights 7.90® k .06 Top 805 ’ Bulk of sals* 7.430 7.00 Pig-* 6.60 7.00 Packing bows 0.25® 6.60 Few choice ateera slo.oo® 11. SO Prime corn-fed *teer*. 1,000 to 1,800 ib* 9.00® 9.80 Good to choloe steers. 1.000 to 1.100 lbs 8.50® 860 Good to choice taare, 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 steers. 800 to 1.000 lb* 7.25® 7.50 —Cow* end Heifer*— Choice to ll*ht heifer* $ 9.00010.00 Good li*htwel*ht* 7.25® 0.00 Medium hellers . 6.000 725 Common oow* 5.00® 6,00 Fair cow* 6 Uo® 7 50 Cutter* ................... 2,75® 8.25 Cturner* 2.25® 3.75 —Bulls— Fancy butcher bull# $ 6.00® 6.00 Good to oholca butcher bulla. 5.00® 650 Boloxna built 4.60 0 6.00 —Calve*— Choice veal# $12.00 012.50 Good veal* . 11.00012.00 Medium veal* 7.00010.00 Lightweight veal* , 7.500 8.00 Common veal* 7.000 7.50 Common heavle* B.oo® 7.00 Top 10 50 —Sheep and launb* Extra choice lamb# $10.00012.00 Heavy lam be 9.50013.60 Cull lamb# 5.00® 7.50 Good to choloe ewe* ........ B.oo® 0.00 Cull* 2.00 0 3.00
Other Livestock By United Financial CHICAGO, Oct. i7j —Hogs—Receipts. 82,000; market, 10®l5c lower; top. -8; bulk. 8707.90: heavyweights. $7 4VaB: rnsdiuin, 57.500 8; light. $7.15 0 8 light lights, $0.6507.60: heavy packing, nmt7<>lh. $0.76 07; packing sows, rough. $0,50 0 0.75: killing pigs, $6 07, Cattle—Receipt!, 20.000; marke, glow, killing quality run largely native steers and yearlings; few luad* fed steers and yearlings, $10011.23; early sb!<;s weak. 25c lower; she-stock 25c lower: bulls 10c off vealers steady; Stockers and feeders tending lower; bulk veaiers to packers, $11.25011.75; heavy bologna bulls, $4.2504 50; light bologna bulls, $3.3503.85; few western steer* offered; beet held' at $8.25. Sheep—Receipt*. 20,000: market, *low; fat lamb* fully 250 off; no western* sold few choice load* native* to packers. $12.25; most better pradi-s. sl2: choice light ewe* steady feeding lamb# weak, several loads. sl3. KANSAS CITY. Oct. 17.—Cattle—Receipts, 14,000; calves. 3,000; very slow; quality plain; practically no killing classeu; undertone weak; good to choloe mixed yearlings, $10.75; eanner# and cutters steady; other gho stock slow; bulls glow; calves dull: very little done on atockcrs and feeders. Hog*—Receipts. If,,000; lew good to choloe 220 to 200-lb. butchers to shippers at $7.4007.45, or fully 15c lower; lew 190 to 210-lb. averages at $7.25; light lights. 25 0 600 loweir; bulk, $0.4000.70; packers holding bark; packing sow* mostly $6.13 @6.40. Sheep—Receipts, 7.000; opening sales lambs around 260 lower: early top westerns. $12.60; other*, sl2 30; sheep 25 @ 60c lower; range ewes to dealers largely $5.2505.75. EAST BT. LOUIS. Oct. 17*—Cattle—Receipts, 8,000: mark#*. Steady; native beef steer*. $9.76 0 12; TSWflngs and heifor*. $9,[email protected]; cows $4.75 up; canners and cutters. $2.2503.26; calves, $12.60; gtockere and feeders, $4.25 05.25. Hogs—Receipts. 20,000; market, 18 @ 25c lower; heavy. $7.7607.80: medium, $7.5007.80; lights, $6.86 07.05; light, lights, $0,400 7.50; packing sows, $0.2506.00; pigs. $0 @7; bulk, $7 0 7.00. Sheep—Receipts. 2TOOO; market, nominal, 26c lower; ewes. $3.6006.25; canners and cutters, $lO 3JK); wool lamba, $lO 0 25012.50. PITTSBURGH, Out. 17.—Cattle—llocelpt*, light; market. Blow; choice. $7,35 0 10! good. $8.6009.15; lair, [email protected]; veal calves. $13.50 014. Sheep and lamb* —Receipt*, light; mraket, eteady: prime wethers. $7.70@8: good. $7 0 7.50: fnir mixed, $5.50 00.50; lambs, $9 013.25. Hogs—Receipts, 35 dd: market, lower; prime heavy, $8.160820: mediums. sß® 8.15; heavy yorkers. $808.15; light yorkcrs. $7.5007.75 pigs. $7 0 7.25: roughs. $6.7507; stags, $3.50 04. EAST BUFFALO, Oct. 17.—Cattle—Receipts, 476; market dully and steady; shipping steers, $9.60011; butcher grades. $8 @9l cows, $1.70@6. Calves—Receipts, 2,460; market active,,2sc lower; culls to choice. $2.60 013.50. Sheep and lambfr— Receipts, 2,400; market lower, steady; choice lambs. $l3O 13.50; cull* to choice, $7012; yearlings, $7 011; sheep, $3.600 8.50. Hogs Receipts, 6.400- market Blow, 100 lower; Yorkers, $8 08.75; pigs. $7.7608; mixed. $8.1608.20. CINCINNATI, Oct. 17.—Cattle—Receipts. 1,060: makret dull and weak; shippers, $7 09.50. Calves—Market weak to 5o lower; extras, sllOl3. Hogs—Receipts, 6,600; market 15@250 lower; good or choice packers. SB. Sheep—Receipts. 1,200; market slow and steady; extra. $4 00. Lambs— Market weak; fair to good, $13013.50. In the Cotton Market By United Financial NEW YORK. Oct. 17.—The cotton market opened higher: October, 31.10 up 35; December. 29.43 up 37; January, 28.86 up 30 Louisville Police Hold Youngsters Louisville (Ky.) police today notified local police they are holdlnaAtwo boys under age who they say auto of Paul Haufe, 2247 N. St„ oct. i6.
VETS OPEN UP ‘HOSPITAL’ Camp for Tubercular Members of Legion Established. MILWAUKEE, Oct. 17.—A camp for tubercular veterans of the World War has been opened by the American Legion at Sliver Lake, near Oconomowoc, Wis., and will provide quarters and treatment for more than twenty-five such men. The patients Will be under constant supervision of a physician detailed from a near-by Veterans’ Bureau hospitail. The camp was made possibly by donations from various legion posts throughout th State. CORNiiESIN EXCELLENT SHAPE Shucking to Start Soon, Agricultural Statistician Reports, Corn matured rapidly during the first half pf October, although some further frost damage was reported In tho northern part of the State, George C. Bryant declared In his midmonth statistical report to the United States Department of Agriculture. Shucking Is expected to get well under way next week. Soil conditions are described as excellent and much seeding of wheat and rye has been accomplished In the rtorthern part of the State while seed lng In the southern sections Is expected to be completed this week. In some sections a material decrease in acreage Is manifested while In others an increase Is noted. Pastures and young clover fields are In excellent condition, the report shows, while the fruit crop shows iitUe change. Livestock, likewise, is reported as unchanged. CURB OILS ARE FIRM DESPITE PRICE CUTS Industrials Show Mixed Trend, With Gillette Lower. By United Financial NEW YORK, Oct. 17.—Despite the j further extension of the drastic gaso- ; line price reduction, the petroleum de- j partment of the curb market was holding firm today., Trading, however, I wati at a slower pac*. Sta!n®ird of Indiana, 8-fter opening at the previous close, advanced to 56%. Vacuum and New York were i steady. Humble picked up % point, j Indiana Pipe the same amount and Illinois Pipe one point to 157. Imperial of Canada dropped one. Among the Independents, Gulf I States Oil rose to a high of seven, j while Cltlee Servioe showed a .point I decline at 128. Mutual was steady, while Mountain Producers was up a fraction. The Industrials were mixed. Gil- j lette was a bit lower and Reading Coal j Rights were unchanged at 21%. Pork & Tilford was at 30%. Reo Motors was off a fraction at 10%. Universal Pipe and Radiator was up %. Merabi Iron appeared at 574. unchanged.
PERSHING ON COMMISSION Battle Monuments to Mark ITaceo Where U. 8. Troops Fought. NEW YORK—The battle monument | commlsalon, recently created by Con- : gross for the purpose of marking the j battlefields ehowlng the advance of the ! American troops In France, was called | into its first session by President j Coolldge a few days ago. the meeting being held In the office of General i Pershing at the War Department. commission organized Itself and prepared for business. Oeneral John J. Pershing was elected chairman of tho commmlsslon; Capt. Robert G. Woodside of the Veterans of Foreign Wars, was elected vice chairman, and Maj. X. J. Price was appointed secrertary. Marriage Licenses Charles Porter. 22. 2941 Talbott: Norris Stanley. 22. C 9 N. Irvington. W. H. Hiatt, 41. 305 N Illinois; Dorothy Test. 32. 795 Middle Drive. Frank Mlcklich, 30. Joliet, 111.; Marie Sabec. 32. 795 Middle Drive. W. D. Bradley. 40, Twenty-First and Oollego; Ada Couover, 80, 717 E. Twentyi Fourth. F. L. Keller, 27. 2034 Collage; Katherine Marsch, 26. 1301 Ewing, C. E. Wagner, 26. 431 W, Fofty-8*oond: Eleanor Geran. 23, 3257 Ruckle. Hay* Lawrence, 30, 926 9 Delaware; : Clellan Christy. £3, 2920 8. Delaware. W. P. Roth, 23, 4953 Washington Blvd.: Harriet Kohler, 24, 1117 N. Arsenal. J. A. Matthews, 29, 2363 Martlndale; Clemetta Glenn. 22, 2303 MarUndale. Paul Giokos. 20. 445 W. Washington; Stella Vanveno, #B, 429 W. Ohio. R. T. Cook, 24, 3030 Broadway; Hope Sherman, 23. 3861 Gracel&ud. it. 8. Fields, 26. 330 N. New Jersey) Inei Slparl, 20, 437 E. New York. ' i • J. P Selderutlcker. 24. 4537 Carrollton; ! Forbes, 21, 809 E. Fourteenth. E. M. Johannes. 24, 322 H. Minnesota: Alice Kirch, 22, 163.3 Union. Births Girls Charles and Golds Gran, 3315 Belllon taine. Alvin and Anna Patterson, 2154 N. OJney. Orlando and Izoru Kink, Deaconess Hospital. Meyer and Essie Kauffman, St. Vincent Hospital. Ervine and Ida Gregory, 3338 Kenwood. John and Lena Hole, 619 Langsdale. Henry- and Helen Jameson, Long Hospital. Albert and Elsie Huff, 1988 Parker. John and Elsie Davis. 630 8. Warmaa. Fred and Bernice Baco. 2117 Morgan. Earnest and Hallie Buonetl, Clermont Charles and Bertha Martin, Bridgeport. A. H. and Blanche Slonedpher, University Heights. Boys Ora and Helen Adams, 1837 Orleans. Evan and Anna Piers, 2810 N. Olney. Albert and Bertha Fritz, 1013 Ingram. Edward and Marguerite Wiest, St. Vincent Hospital. Frederick and Elizabeth Marschko, 8860 Washington Blvd. Orla and Marguerite Marsh, 1315% Prospect Roy and Flora O'Neal, Wret Haven. Alonzo and Pauline Hattendorf, R. R. J.. box 183. Laborn and Catherine Hendrix, R. R. D., box 129. .j, Harry and Edna Gladden, Bridgeport J W. and Flossie Brown, O&klandon. B. J. and Ella Weeselman, B. R. D.. box 204. -* C. E. and Bertha Woolne. R. R. P. R. E. and Elsie Smith. Broad Ulppls. Deaths William Flecther. 78, 324 N. Addison, chronio nephritis. Thomas Wysong. 08, 1528 Woodlawn, chronio parenchymatous nephritis. Mary Lindley Van Arsdale, 43, 010 N. Gray, cerebral hemorrhage. Edward August Krueger, 29. 938 Pleasant Run Blvd., epilepsy, Alfred Fletcher Frick, 3, 2020 Cornell, diphtheria. Herman Weinmann, 75, 745 N. Bancroft, chronic myocarditis. Clara Alford. 35. city hospital, carcinoma. Mary Ellen Beeehman, 79, 627 E. Walnut. arterio sclerosis. Ruth L. Waggoner, 1, 1526 Saulcy, gastro enteritis. Holla V. Harrell, 41, 332$ E. Vermont, cerebral hemorrhage. Nancy Ward. 95, 728 N. New Jersey, arterio sclerosis. 4 Karl Edward Kappeler, 23? 509 N. Wallace, pulmonary tuberculosis.
WOMAN PRISONER WHILE STRANGER CUTS COMPANION x ; Letter Found in Room Where Battle Occured Adds to Mystery, | Jack Baker, 32. of 817 W. Ohio St., ! was In city dispensary this afternoon with a serious gash In his side, while police sought a woman known as Mrs. ! Ella Baker, 30, with whom he is sail j to have been living, apd an unknown man. William Foster, rooming at 817 W. Ohio St., told police that the unknown man appeared this morning, ordered Mrs. Baker to put her clothes In a bundle and go with him. He led her screaming to a shed a half-block away, where he told her to remain I or he would harm her. The man came back to the house, Foster said, and the fight with Baker | ensued. The room was wrecked. Then the man Joined the woman and they I disappeared. A broken razor was found in the j front yard. A note In the room read: “I came home at 9:10 a. m., but didn’t find you home. Will be back later. Your baby, ; Jack." A letter found in the room was addressed to “My dear sister-in-law,” and signed Daisy Johfison, 416 N. Second St., Torro Haute, Ind., expressed surprise that “you and Bill have quit," and advises Mrs. Baker to "come over here until you get your divorce. You know what will happen if you are caught with Jack." DISABLED SOLDIERS BENEFITORG ANIZED Forget-Me-Not Day to Mean Recovery for Many, CINCINNATI. 0., Oct. 17. —Preparations for "National Forget-Me-Not Day” ore rapidly approaching perfection at national headquarters of the Disabled American Veterans of the World War here. National Adjutant Raymond A. Lasance, who Is In j charge of the disabled vets’ national headquarters offices, otated today that National Commander James A. MoFarland has wired from the Southwest, reporting an enthusiastic and j practically unanimous participation by j cities, and towns all over the nation j in arrangements for the national day, j which la to be observed on Saturday, j Nov. 10, / National Commander McFarland of the Disable American Veterans Is to be one of the distinguished guests of j the American Legion, at its national: convention In San Francisco. Oat. ! 15-19. McFarland Is assisting chapters j of his organization In their plans for the day, while on the present trip. He Is expected back her* on Nov. 1, when the "clean-up” activities In the Interests of "Forget-Me-Not Day” will be formally launched. On Saturday. Nov. 10, thousands of pretty girls and women will distribute the little forget-me-nots In several thousands of cities and towns throughout the United States; the proceeds of the day bedng for the relief, wel-: fare and national legislative projects of the United States' wounded and disabled veterans of the recent World War. 1
LLOYD GEORGE PLAJMLD UP malnder of his American tour. Sir William Southerland, private secretary to Lloyd George announced today. The British war premier le scheduled to be in Indianapolis next Monday Oct. 22. Southerland’s announcement said Lloyd George Is suffering from a cold complicated by fatigue. For this reason, when the physician found the former premier had a temperature, he ordered him to stay In bed this afternoon and to curtail all social engagements. Win Speak Tonight Lloyd George, however, will deliver his scheduled address tonight. Lloyd George, In a thoroughly American way. Is “all-in” after a strenuous day at Mooseheart, HI., and Chicago. He had a high temperature and waa forced to cancel two engagements—attendance at a Welsh society’s performance In his honor and dinner with “Hell-Maria Dawes. Physician Not Called He went to bed to rest and Dame Lloyd George, who watches closely her husband's health, will not permit him to keep any engagements that uijduly tax his strength;-®' Lloyd George Is 60; but he is a very vigorotis man, sturdy and-strong, and possessed of recuperative powers athletes might envy. He wears out easily on this tour, his close associates Bay. because he is so unused to the American way of doing things and American enthusiasm takes something out of him. Awaits Call No matter what they think of him in England nowadays, Lloyd George is far from "through" politically, his friends assert. British politics move rapidly. Any time —particularly in present disturbed condition of world affairs—a call might come for anew leader. "L. G.” will be on hand when that time comes, should he be summoned to Buckingham palace, to assume again the leadership. With that possibility always In mind, his family and political associates do not want him to throw his American trip too muclHf the preoious energy which, in of ills age. must be carefulij^Mßerved.
TRAIN TIME IS CHANGED “The Southerland*’ Will Begin Twen-ty-One-Hour Schedule Nov. 11. Operation of “The Southerland,” an all-steel, all-year Florida train, on a fast winter schedule, effective Nov. 11, was announced today by officials of the Pennsylvania system. The daily schedule: Southbound No. 154, leave Indianapolis 10 p. m., leave Cincinnati 7:10 a. m.. arrive Atlanta 9 Jacksonville 9:50 a. m_, Miami 12:50 a. m., St. Petersburg 10 a. no. The northbound will leave St. Petersburg at 11 a. m. dally and will rive In Indianapolis twenty-one hours later. MOTORIST DRIVES INTO ANOTHER CAR TO SAVE CHILDREN Injury to School Pupils Averted in Traffic Crash, Leo Meehan, 621 Dorman St., crashed his auto into a machine driven by Anton Prange, 1417 E. New York St., assumed responsibility for damages and told the police he did it rather than to strike some school children crossing New York St., at the Highland St. Jog Lillian Hewitt, 628 N. Hamilton Ave., was bruised about the head, hips and arms Tuesday when struck by a bicycle which Joseph Carmichael, 722 N. Pennsylvania St., was riding at Meridian and Washington Sts. Earl Allen, 1930 Ludlow Ave., was Injured about the body Tuesday when i he was struck by an automobile driven , by R. L. 'Ward, 1233 N. Mount St., at Capitol Ave. and Twenty-Ninth St.! Allen was riding a bicycle. Sam Beckler, 30, of 31 Woodland : Dr., was arrested today on a oharge of falling to stop after an accident; and for assault and battery, following a collision of his car with the machine of Archie J. Everett, 2436 N. Tacoma Ave., Sunday at Marlowe and Highland Aves. Everett’s car had previously ran j Into the automobile belonging to Ray ; Hollenbeck, 122 N. Arsenal Ave., when j Beckler'a car struck It, police said.
KIWANIS MEMBERS HEAR GYPSY SMITH j Famous English Evangelist j Makes Plea for Fuller Life. "If you can only get hold of one : man and make of him a better father, | husband or business mau, you will not have lived In vain," declared Oypey Smith, famous English evangelist to Kiwanls Club members at their luncheon at the Claypool today. The evangelist was pleading for the “hard-headed business man to so far forget the exigencies of his business as to include something of the fullness of life In his living.” Ira A. Mlnnick, recently returned from a hunting trip to Alaska, showed moving plotures of his Itinerary. BUSINESS OF CRIME TAKES SLUMP HERE Decreases In Burglaries and Hold-Ups Are Shown by Statistics The business of crime in Indianapolis has taken a decided slump during the f|rst nine months of this year according to reports from the office of Police Chief Herman F. Rlkhoff. Burglaries and hold-ups show a decided decrease while value of goods stolen dropped more than SIOO,OOO. Crimes and figures for 1923 and 1922 respectively: Burglaries. 792 and 939: hold-ups, 111 and 173; value of stolen property, $776,135.60 and $888,012.82; value < f property recovered, $688,742.12 and $498,231.52; cars stolen, 740 and 623; cars recovered, 624 and 645: arrests for auto theft, 78 and 103; homicides, (Including manslaughter charges following accddents), 80 and 40. FATHER IS SHOT AFTER HIS BABY IS KIDNAPED Parent Charged With Theft of Son; Father-In-Law Held. By United Prett GREENSBURG, Pa., Oct 17.—Sevoral hours after he was alleged to have kidnaped his seven-months-old son from the home of his wife's parents In Wilklnsburg, Francis Boyer, 24, was shot to death on the streets. P. J. Salomon, Boyers father-in-law, Is being held In the county jail today, charged with the murder. MeAvoy Signs New Contract May MeAvoy signed a contract today with Inspiration Pictures. Inc. Miss MeAvoy will begin work Immediately, playing the lead opposite Richard Barthelmess in his next production, “The Enchanted Cottage.” Not only has Miss MeAvoy been engaged to play In “The Enchanted Cottage," but Inspiration has taken an option on her services for subsequent productions. She will be featured but not co-starred In “The Enchanted Cottage.” Those who have followed Miss MoAvoy’s career will be pleased to know that she is again to play under the direction of John S. Robertson. It was with Mr. Robertson that she created her memorable role. GrlzeJ, in "Sentimental Tommyil Barber Shop Robbed of S4O The barber shop, owned by Joe Heath, 133 W. Market St., was entered Tuesday night and S4O stolen.
'JKS LIBERTY BONDS SELL 4u lemckj; building KQQu
CITYTAX LEVIES PASSED BY STATE WITH (1 CHANGE Flood Prevention Provision Is Eliminated as League Protests, With the exception of the 1-oent flood prevention levy of the Indianapolis civil city, the entire levy will be passed by the State tax board, it was learned today during a meeting of the board, in which numerous levies were considered. On suggestion of city officials, the flood prevention levy was eliminated j at a hearing several days ago when ' several levies were protested by the I Indiana Taxpayers' League, j The tax board, lt was learned, has j decided to reduce the park levy from 8 cents to 7% cents. The tax board considered the board of health levy today, following approval of the sanitary levy. It was understood the board was deadlocked on the question of the school city levy, which, as originally drafted, was $1.0075. Several reductions were anticipated, although the board members would make no positive statements. . The main consideration in the school levy Is the special building fund item which was fixed by school officials at 17.8 cents. It was thought probable the board would reduce this considerably, either by a direct slice or through spreading it over a twoyear period instead of one. The tuition levy has been reduced from 58 cents to 51 cents, as agreed to several daysago by school officials. IMPRESSIVE HONORS FOR RINK THURSDAY Prominent Business Men to Act as Pall bearer*. Prominent business men will bepallbearers at the funeral of Joseph A. Rink, founder and president of Rink’s Cloak House, Thursday. Serv Ices will be held at the residence. 4204 N. Meridan St., prior to services at 10 a. m. at SSt. Peter and Paul Cathedral. The Rt. Rev. Joseph E. Chart rand, bishop of the Indianapolis diocese will preach the funeral sermon. Burial will be in Hely Cross cemetery. Both services and burial will be private The pallbearers: George Gaston, B J. T. Jeup, Edward J. O’Rel ly, Wil Mam E. Barton, Boyd M. Ral: ton and Sam J. Madden. EX-BAND HEAD ARRESTED One of Thro© Under U. S. Bonds for Alleged Luiquor Violation. Three Lafayette citizens, William Baugh, former bank president; Harry Baugh and Max Kuhnert, farmer, were placed under bonds of SI,OOO each on charges of conspiracy to violate the prohibition law by United States Commissioner Howard S. Young here today. Hearing was set for 2 p. m. Fid day. Arrests of the three men was the outgrowth of a raid on a farm of Wint Miller, Lafayette, where officers said they found several months ago “one of the prettiest stills they ever had seen.” Miller and five others are under bond in the Crawfordsvilie Circuit Court The three Lafayette men, it. is al leged, had sold the liquor.
POLICE FIND COMPETITION Advertising Tag Similar to Those Officers Use. Police were confronted with oppo sitlon today in the matter of gaining attention of recalcitrant motorists. Jack O’Neil of the traffic department felt considerable chagrin when he saw a police nottice tag on his car. Upon Inspection Is waa found to be a notice to appear at a battery service Btation. The advertising tag Is different only In a few words from the regulation police notice tag for traffic rule violators. BOUTS BENEFIT DISABLED First Card by Georgia I-egion Commission to Be Held, COLUMBUS, Go., Oct. 17.—One of the first boxing bouts to be held under supervision 0-f the newly established American Legion boxing rommlssion in Georgia will be staged in Columbus soon. Every dollar of receipts above actual expense will be used for service work among disabled men, the main “go” being between fighters who will act without pay. Demands for seats causes promoters to anticipate a record-breaking crowd. Officials will be named by the legion’s boxing commission. - “Tiger'’ Bites Five Facing blind tiger charges today are Tony Matz, 62, rear of 8168 Kenwood Ave., whose "home bar” was dlscov ered Tuesday by Lieutenant Johnson and squad; Frank Zopan, 749 N Haugh St.; Ben Jackson, 42, colored. 316 Osage St.; Ben Surface, 50, of 870 W. Twenty-Sixth St., and Henry Williams, 58, of 1239 Roosevelt Ave v Bed Rail Used as Weapon Buford Mitchell, colored, 37, 1025 E. Twentieth St., emphasized his displeasure at the visit to his home of John Johnson, 24, colored, 2018 Yandes St., with a bed rail. Johnson is in city hospital and Mitchell Is In jalL Both are charged with assault and battery. Johnson called to see a roomer at the Mitchell home, according to police. Three Thefts Reported Thefts reported today include, tire. $35, from William Walden, 817 Shelby St.; coat, S3O, William Bettuer, Guilford, Ind.; push cart, $25, Keystone Press, Meridian and Maryland Sts.
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