Indianapolis Times, Volume 35, Number 140, Indianapolis, Marion County, 24 October 1923 — Page 11

WEDNESDAY, OCT. 24, 1923

CONTINUANCE OF •SALLY FEATURES EXCHANGE TRADE Short Covering, Begun Tuesday, Is'Extended Into Initial Dealings, WHOLE LIST ADVANCES Congoleum Company Reaches New High on Rumors of Contemplated Dividend, The WALL STREET JOURNAL NEW YORK, Oct. 24.—Sterling was slightly higher In the early dealings in the foreign exchange market, but stocks continued to ignore foreign developments and prices were wholly under Influence of conditions within the market. The sharp recovery In Tuesday's late dealings, after prices had been distinctly heavy most of the day, induced considerable short covering and this movement kept up at the opening today. Tobaccos malntfftjned their lead, but fair gains were, JBrored by other Industrials. FamousPlayers was an exception, breaking 1% to 66**. - ' , First Hour Rallying tendencies were still in evidence in the main body of stocks toward the end of the first nour, while further advances were scored by Individual stocks. Congoleum Company moved Into new high ground for the year at 14114. up more than 6 points from Tuesday’s low. In connection with this strength it is understood a 300 per cent stock dividend is now under discussion. General Electric and Davison Chemical reached new high ground on the movement and steels scored fractional grains. Second Hour Steels were better in the late morning in response to trade estimates placing Japanese buying in the last ten days at 40,000 tons, making a total since the quake of approximately 80,000 tons. Another bullish factor was the statement of the Daily Metal Trade that the Middle Western Steel fabricators were finding three times as many opportunities offered this month as In September. The deficit of $3,800,000 reported by Central Leather in the third quarter was far larger than estimated. Noon Hour No further progress on the upside was made in the noon dealings but the general list was relatively free from selling pressure and prices maintained a fairly steady front at close to the morning best levels. But specinterest was at a low ebb. One feature was the down--Rrd tendency of money. Although ninety-day funds were available at 5 per cent the demand was light. Bears directed their attention to the copper issues and many reached new lows for he year. Twenty active Industrial stocks on Tuesday averaged 87.37, off .11 per cent. Twenty active rails averaged 78.33, off .05 per cent. Local Bank Clearings Indianapolis bank clearings Wednesday were $3,233,000: bank debits were $5,356.000. Foreign Exchange By United Financial yEW YORK. Oet 24—Foreign exchange opened higher: Sterling, demand. $4 4914! cables. $4 4914. Francs, demand. 6.801ie: cables. 5.81 c. Lire, demand. 4.45 c: cables. 4 4514 c. Belgian, demand. 4.99 c: cables. 4.9914 c. Marks. 66.000.000.000 to the dollars. Czeeho. demand. 2.9514 c: cables. 2.96 c. Swiss, demand. 17.82 c: cables. 17.84 c Pi setae, demand. 13.33 c: cables. 13.35 c! Sweden, demand. 26.29 c: cables. 26.33 c. Norway, demand. 15.42 c: cables, 15.46 c. Denmark, demand. 17.37 c: cables. 17.410. curbThits slow pace IN MORNING SESSION Oite Show AdTances While Industrials Remain Stagnant. By United Financial NEW YORK. Oct. 24.—A .slow pace marked the early dealings In the cjirb market today and price changes rally were confined to a narrow The oils generally were better under a restricted turnover. Prairie Oil and Gas and Standard of Ohio, were the best with a 2 Vi -point gain In each Instance. Vacuum, New York, Indiana and Humble were all up fractionally. Buckeye Pipe was off *£ and Cities Service unchanged. In the industrials, Park & Tilford, Chicago Nipple “A," new, and HA-t----mann Corporation all appeared nnchanged. New York Telephone preferred was up 14, as was Bridgeport Machine. The new Issue of $10,000,000 Phila Electric Company refunding 544 per cent bond offered this morning were sold and listed on the curb “when, as and if Issued.” They opened at 98% and went to 99% on the next sale. Produce Markets INDIANAPOLIS. Oct. 24.—Fresh eggs, loss off, 38c: packing stock butter. 28c: springs, under 2 lbs., 23c: springs, over 2 lbs.. 18o: fowls. 4 lbs. up, 22c: fowls, unders 4 lbs., 17c: Leghorn poultry, 2’ per cent discount: cocks. 10c: young tom turkeys. 12 lbs up. 30c: young hen turkeys, 8 lbs. up. 30c: old tom turkeys. 25c: ducks, 4 lbs. up. 16c: geese. 10 lbs. up. 11c; young geese. 6 lbs. up. 15c: squabs. 11 lbs. to the dog, $4: young guineas. I*4 lbs. up. doz. $7: old guineas, doz.. $4 60. Indianapolis . reamerles are paying 48c a lb. for butterfat. NEW YORR. Oct. 24.—Flour—Quiet and easy. Pork —Dull: mess. $25.5C@28. Lard mid-west spot $13.40® 13 70. —Raw. weak. [email protected]<*: refined W: granulated, 9.16(3 9.50 c. Coffee—Rio, ,not. 11%@11%c Santos No. 4. 15@ 15*40. Tallow—Steady; special to extra, 7%@7%<v Hay—Quiet: No. 1. $145: No. 3. $1204? 130. Dressed poultry—Quiet: turkays. 26 (360 c: chickens 22 (i 42c; fowls, 15@33%e: ducks. Long Is 1 and, 27c. Live '•oul try—Firm: seeso. 22@2Se: ducks. 14@ 28c; fowls. 19@ 29c: turkeys. 50c; roosters, 16c: chickens, 21 @ 24c; broilers. 26c. Cheese-—Quiet State, whole milk, common to special. 224?27*4c: State skims, ehoice to specials. 16@ 18c: lower grades. S@lsc. Butter —Quiet: receipts. 8.967: creamery, extra. 47% @4Bc: speHal market. 48*4 <9 49c; State dairy, tuba, 89<347a Eggs—Firmer: receipts, 12.008: nearbv whites, fancy. 80 @B4q; nearby State white. 426?82c: fresh firsts to extra*. 80 @ 52c: Pacific \iast. 46 C 70% a; western whites. 42® 82c: nearby browns. 53 60c

New York Stocks (By Thomson ft McKinnon) —Oct. 24

Railroads— High. Low. 12:45. close. Atchison ... 96 y* ... 96*4 96*4 B& O 60*4 ... 68% 60 % C ft O 06% 60% 68% 66 10 ft N W Ry 00 ... 59% 00*4 Gt North pfd 63 ... 62 62% N Y Central .100*4 100*4 100*4 100 North Pac.. 51*4 50% 50% 61 Nor ft West .104 103 103*4 102% Reading 75% 76 75% 75 South Ry... 32% 32% 32% 32% South Pac... 85% ... 85% 85% St Paul pfd. 25*4 26 25 26*4 Union Pac ..129*4 129*4 129*4 128% Wabash pfd. 31*4 31 31 31% Rubbers— Kelly-Spring. 22*4 #21% 22 21% :U S Rubber.. 34 33*4 33*4 33*4 Equipments— Baldw Loco -11% 116% 117 117*4 Gen Electric .173 171*4 173 172*4 Lima L0c0... (ft% ... 83% 63% Pullman ....118 ... 110 115*4 jWesth Elec.. 67% 67 57 67% Steels—--1 Bethlehem.., 47% 47% 87% 47% Crucible .... 60 % ... 69 *4 59 % Gulf States.. 74*4 73% 73% 73% Rep Iron ft S 44 43% 44 44 U S Steel 88 87*4 87% 87% Motors— Chander Mo. 40 ... 56 45% Gen Motors.. 13% ... 13% 13% Max .Mo A”. 40% ... 40% 40 Studebaker.. . 97 % 00 % 9C % 90 % Stewart-W... 82% ... 81% 82 Timken 34% ... 34% 34 Oils— Calif Petrol.. 18% ... 16% 18% Cosden .... 25 % ... 26 V 25 *4 Marland Oil.. 22% ... 22% 22% Pan-Am Pete. 50 55 % 66 65 % Pan-A Pete B 62 % 62*4 62% 52*4 Phillips Pete. 22% 22*4 22% 22% Pro and Ref. 21*4 ... 20% 21*4

SLIGHT ADVANCE NOTEDINGRAINS Liverpool Imparts Strength to Chicago Wheat Market, By United Financial CHICAGO, Oct. 24.—Grain prices ruled unchanged to fractionally higher In Initial trading on the Chicago Board of Trade today. A firm undertone in Liverpool brought some buying by locals and resultant fractional gains. Lighter receipts and further talk of Government Intervention to aid the stricken farmer encouraged buyers. Export business over night was light and consisted mostly of Manltobas. Although maintaining a dull undertone, corn showed a slight upturn with fair buying by shorts. Large receipts were offset by diminished country offerings. A stronger hog market had some Influence. Light movements strengthened oats on an otherwise dull market. Despite higher hog prices and stronger cables, provisions opened unchanged to fractionally lower. Some lard selling was done by recent buyers. -- Chicago Grain Table IBy Thomson ft McKinnon 1 At 11:45—0<3t. 24. WHEAT— Prov. Open. High. Low. Close. close. Deo.. 1.06% 1.06% 1.05% 1.06% 1.05% 1.05% Mm-.. 1.10% 1.11% 1.10% 1.11 1.10*4 1.10% July.. 1.07*4 1.08 1.07*4 1.07% 1.07% 1.07% Deo. . ~73 *4 -73% .78% .73*4 .73% .73 % 73 % May.. .71 % .71% .71 .71% .71% .71 % .71 % July.. .72 .72*4 .71% .72 .71% .71% OATS— Dec . 41% .41% .41% .41*4 .41% May.. .44*4 44% .44 .44% .44 July .43 % CHICAGO, Oct. 24.—Car lot receipts: Wheat, 47; corn. 172 oats. 98; rye, 8. Local Hay Market Loose hay. $lB @2l: bales, sl7 @2O; light mixed hay. sl7 @2O. Local Wagon Wheat Local mills arid elevators a.-e paying $1 for No. 2 rea wheat. Indianapolis Stocks Oct. 24 Bid. Ask. Am Cent Life ....200 ... Am Creosoting Cos pfd 90 ... Belt R R Cos com 70 74 Belt RR Cos pfd 62 % ... Century Bldg Cos pfd 98 ... Cities Service com 128 131 Cities Service pfd 65 *4 07 % Citizens Gas Cos com 26 *4 28 % Citizens Gas Cos pfd 100 102% hid Hotel com .. ... Ind Hotel pfd Ind Nat Life 8 ... Ind Pipe Line pfd 82 87 Ind Title Guar Cos ... tndpls Ab pfd 50 Indpls Gas 49- 63 Indpls ft Northwestern pfd.. 30 43 indpls ft Southern pfd 50 Indpls St R R 64 Indpls Tel com ........... 1 ... Indpls Tel pfd 90 ... Mer Pub Util Cos pfd 78 Nat Mot Cos ... Pub Sav Ins Cos 12 ... Rauh Fer pfd 50 ... Standard Oil of Ind 54 ... Sterling Fire Ins Cos 9 ... T H I ft E com 5 T H I ft E pfd 15 T H Tr and Lt Cos 88 96 Union Trac of Ind com 2 ... Union Trac of Ind Ist pfd 25 Union Trac of Ind 2d pfd .. 4 8 Van Camp Prod Ist pfd 100 Van Camp Prod 2d pfd ... Van Coal Cos com 1 / 3% Van Coal Cos pfd 9 lb Wabash Ry Cos com 8 % ... Wabash Ry Co*pfd 30 , ... Bonds Belt R S Y 4s, May, ’30.... 82% Broad Ripple 6s 60 Citizens Gas 5s 86 88 Citizens Ga 9 7s 99 103 Citizens St R R 5s 80 85 Ind Coke Cos 6s 90 ... Ind Hotel Cos 5e 93 % ... Ind Hotel Cos 2d 6s 99 \.. Ind North 6s 50 Ind R and Ltss 90 ... Ind Union Trac 55.... ... Indpls Ab Cos 7% 100 103 Ind. Col ft So 6s 98 100 Indpls Gas 5s 88 88 Indpls Lt and Ht 5 84 90 Indpls ft Mart 60 Indpls ft Northern 48 62 ; Indpls ft Northwestern 47 % 49 *4 | Indpls ft S 6s 40 Ind Shelby 5s 60 Indpls St Ry 4s 64% 67 Indpls Trac and Term 55.... 85*4 88 Indpls Union Ry 6 95 ... Indpls Union Ry 4%s 95 ... Indpls Water 4 *4 8 85*4 88 Indpls Water 6%s 93 00 Sputh Ind Power 6s ........105 ... T H I ft E 5s 70 Union Trac of Ind 6s 65 68 SI,OOO Liberty Ist 4%a $97.74 In the Cotton Market By United Financial NEW YORK. Oct. 24.—Cotton market opened lower: October, 30.30 c: January, 29.70 c, off 10 points: March. 29.74 c, oft 11 points. Dressed Beef Prices Wholesale se'ling prices on dressed beef. Swift ft Cos.. Ribs—No. 2. 80c; No. 3. 170. Loins—No. 2. 25c: No. 3.18 c. Rounds— No. 2,20 c: No. 3. 15a Chucks—No. 2,13 c: No. 3, 10a Plates—No, 2,8 c: No. 3,7 e. CINCINNATI, Oct. 24.—Cattle—Receipt*, 1,000; market strong: desirable butchers strong. 25c to 60c higher; others steady; shippers, $79. Calves —Market steady, extras. $10.50@12. Hogs—Receipts, •%.000; market steady to 26@ 50c lower; good or choice packers ,$7.75. Sheep—Receipts, 750: market steady; extra*. [email protected]. Lambs —Market steady to 50a higher; fair to good. sl2@ 12.50.

High. Low. F M. Close. at 12:45 Prev. Std Oil of Cal 61% ... 61*4 61*4 Std Oil of N J 32 % 32 *4 32 % 32 % Sinclair 18% ... 18*4 18% Texas C 0.... 40% ... 40*4 40*4 Minings— Int. Nickel... 11 11 11 It Tex Gft Sul. 67 % ... 67 % 57 % Coppers— Am SmelUng. 63 % ... 63 63 % Anaconda.... 34% 83% 33% 36 Kennecott.... 31 % ... 31 31 % Utah Copper. 67 ... 60 67% Industrials— Allied Chem.. 63 ... 02% 03 Amer Can... 94 *4 93 93 *4 93 *4 Amer Wool.. 71% 71 71% 71*4 Cent Leather. 12% ... 12% 13% CocaiCola ... 71 ... 70*4 71 | Cont van ... 47% ... 47% 47% Fam Players. 65% 84 64% 00% Int Harvester 73 % ... 73 % 73 % May Stores.. 88% 85*4 85% 86% I Mont Ward. . 22 % ... 22 % 23 Nat Enamel. 41 ... 39% 40% Owen Bottle. 42 .. . 41% 41% Sears-Roe ... 81 *4 ... 80 81 *U 8 Ind Alco 61% 51% 61% 51% Utilities — Am T and T. 123% ... 123% 123% Con Gas ... 61% ... 61% 61% Shipping— Am Int Corp 18% 17% 18*4 17 Atlantic Gulf 13*4 ... 13% 13 Int M M pfd 28 28 % 27 % 28 Foods— Amer Sugar. 57% 67 *4 57*4 67% Corn Prod ..124% 124% 124% 124 I Cu Cn Sug pf 44 % 44 % 44 *4 44 % Cu-Am Sugar 29 28% 29 29% | Punt* Alegre. 61% ... 61% 61% Tobaccos—j\m Tob Cos . .162% 151*4 152 151 1 Tob Prod... 60% 69% 60 00%

Your Dollar Uncle Sam Tells Who Gets It,

LARD 80 II CereTs . \ I Hafer- 1 A . , CerrtsNCen+S^-j/i \ lcLi£> R-ofit 8c n 4^^ c *// Overhead >7 /r>c/odng jy COPYRIGHT rr fifth PM W. COUCH, DC mHE consumer pays for the trip of the little pig who goes to market. Ho pays whenever he buys a pound of lard. According to figures gathered by the United States Government the little pig accounts for 80 cents out of every dollar that the maker of lard gets for his product. Five cents out of the same dollar goes to pay the wages of the man who turns the little pig Into lard. The lard manufacturer then has 16 cents left fdr hla profit, overhead and taxes. If the price of little pigs Increases 20 per cent that means that the selling price of lard has been increased 10 cents for each dollar. A 20 per cent wage boost would add only 1 cent to each $1 of the selling price. NEXT: Candy Marriage Licenses G. G Bertels. 23 1521 N. La Sails: Christine Kelso. 21 1342 N. Gale. John Poindexter 65. Newcastle. Ind.: Dell Is Griffin. 63, 2023 Sheldon. O. V. Pollster 2S. 3608 N. Illinois; Elizabeth Selvage. 22. 3401 Winthrop. H. A. Bhidtler. 38. 2830 N New Jersey: Georgia Barker. 26. 2309 Colege. G J Luebben. 29. 4131 Cornelius: Rutbe Frick-Mltchell, 30. University Terrace. E. A Himmelhaver. 23 1117 Naomi: Josephine Whltehorn, 19. 1154 Cruft. J V. Hemmerle, 29. Silverton. Ohio: Bertha Koers. 25. 1140 Spenn. P. C. York. 25. N. Manchester. Ind.: Helen Walter, 2. 3406 Fall Cr-ck Bird J. L. Conway. 23, 3129 W. Michigan; Anna Scan lan, 25. 437 Haugh. J E Keith. 26. 907 N. Pennsylvania; Cora Johnson. 25. 914 N Pennsylvania. V. T. Harris. 34. 827 N. Capitol; Mrs. Luella Purcell. 34. 942 N. Illinois. Building Permits Western Oil Refining Company, station. 701 E. Forty-Ninth. $3,000. Westenr Oil Refining Company, gaa tank. 701 E. Forty-Ninth, S2OO. Louis Sagalowsky, building, 330 W. Maryland. SB6O. A C. Johnson, dwelling. 1845 W. ThirtyThird, $4,600. T. H. Lloyd, remodel. 1609 8. State. $2,500. Englewood Christian Church, dwelling, 59 N. Rural, $7,338. Lance N. Bird, reroof, 225 N. Delaware. $240. Raymond Mitchell, dwelling, 1161 Concord. $260. Home Mission Methodist Association, reroof, 621 W. Twenty-Ninth, $220. Minnie Berry, .dwelling, 848 Bellevtew. SI,OOO. A. Packowltz, furnace. 1102 Maple. S3OO. J. H. Kroetz, addition. 1247 W. ThirtySecond. $350. Harlan H. Harvey, repair. 1663 V. Capitol. S4OO. Harlan H. Harvey, garage. 3663 N. Capitol. S3OO. Ida M. Klotz, addition. 2923 Central, $350. D. D. Joseph, dwelling, 1265 Lawrence, $4,600. A. P. Shalley. double, 1836 E. Minnesota, $3,000. Adah France, addition. 1212 E. Pratt, S3OO. Sinclair OH Company, sign. New York and East, s3> 5. Sinclair Oil Company, sign. South and Kentucky. $375. Sinclair Oil Company, sign. 2004 N. Capitol. $375. Fiorsheim Shoe Company, sign, 24 US. Washington. $450. K. T. Brock Drug Company, sign ThirtyEighth and Illinois. SSOO. Sinclair Oil Company, sign. Cedar and Virginia, $375. Eliza Kent, dwelling, 2829 N. Chester. $2,400. Fred J. Mack, remodel, 8421 Clifton, $4,350. E M. Condrayf' garage. 2612 N. Capitol, S3OO. Albert Greenwald. dwelling. 746 Graham, $3,000. Mary Prayon, reroof, 2447 Manlove, $8,300. M A. Hollis, furnace. 1317 Olive, $256. Thomas Green, reroof, 1515 E. Eighteenth. S3OO. D. S. Allen, double, 3522 Graceland, $5,500. Federal Underwriters, sign. 1709 N. Meridian, SBOO. Alexander Lester, dwelling, 1021 B. Southern. $4,460. W D. Bursott. dwelling, 4254 RoyaL SI,BOO. A C. Bradley, garage, 620 S. Capitol, $250. H. n. Keller, dwelling, 3005 Washington Blvd., $25,000. Guaranteed Home, Inc., garage. 409 N. Temple, $235. tv J. Hasting, dwelling, 4120 Graceland, $4,200. Blue Ribbon safe, sign, 818 Indiana. S4OO. Marsh Modern Museum, sign, 141 8. Illinois. SBOO. Paul 9. Rugan, garage. 33 W. Forty-Seo-ond. S7OO. N. A. Wischmeyer, dwelling. 2222 Bethel. $2,200. James G. Flaherty, dwelling, 1439 N. Chester. $3,500. James G. Flaherty, dwelling. 1443 N. Chester, $3,500. C. B. Faulkner, double, 2044 S. Laurel. $5,000. J. A. Billingsley, furnace, 800 Lincoln, S6OO. Chris Rich, furnace, 1301 Spruce, $250. T. Toon, garage. 1154 S. State, $260. William G. Taylor, furnace 272 lowa, S4OO. Clo*erseed Market Local dealers are paying $7.50 @lO a bushel for clowereeed.

THE INDIANAPOLIS TIMES

SHIPPING DEMAND IS BOONTO HOGS Prices Advance 10 to 15 Cts. in Local Trading. Hog Prices Day by Day Oct. 250-300 lbs 200-225 lbs. 160-180 lbs. 18. 7.05 @ 8.00 7.40® 7.65 7.20 @ 7.40 19. 7.50® 7.90 7.25® 7.50 7.00@ 7.25 20. 7.60® 7.75 7.25® 7.50 7.00@ 7.20 22 7.60® 790 7.25® 7.50 7.00@ 7.25 23! 7.60® 7.90' 7.30® 7.50 7.107.25 24. 7.75 @ Z..3 7.40 0 7.70 7.25 @ 7.60 Under ’nfluence of strong buying by shippers, prices for hogs advanced 10 to 16 cents in trading at the local market today, despite heavy receipts of 12,000 which Included Tuesday's layovers numbering 869. The advance was principally on the light grades though the stronger weight hogs also showed a tendency to sell higher. A top of $8 was paid for some heavies as compared with $7.90 on Tuesday and lights weighing more than 160 pounds sold up from $7.25 as compared with $7.10 on Wednesday. Mixed hogs sold generally from $7.40 to $7.70 and the bulk of sales ranged from $7.26 to $7.50. Both roughs and pigs showed an advance, sows selling down from $6.50 and pigs down from $6.75. Shippers established the advance and packers later entered the market at prices regarded as generally a dime higher at which the bulk of the hogs sold. Some extra-quality hogs were marketed at prices slightly outside the general market range. The cattle market was active on heavy receipts of 1,200 and some fairly good stock was In the yards. Two loads of steers sold early at $lO as compared with a sale of some common steers late Tuesday within the $4 range. Common cattle, however, were no easier to sell, traders said. The calf market was generally regarded as a half dollar lower, thougb a few odd calves still managed to bring sl2, Tuesday’s top. The bulk of sales, however, ranged from sll to $11.60. Receipts 700. Steadiness marked trWdlng in the sheep and lamb market, lambs selling down from $11.60 and sheep down from $6. Receipts 400. —llofs—• Choice lights 9 7 85 0 7 35 Ltirht mixed . 7.35® 7 45 Medium mixed ......... 7.60 0 7.70 Hef.vywelirhts 7.75(S 800 Bulk of tales 7.25® 7.60 Top • 8 00 Piss 6 23* 675 Packing sows . 6.000 0.50 —Qet f 1 e Few choice steers ........ $10.00011.50 Prime corn-fed steers. 1,000 to 1 800 lb# 9.000 930 Good to choice steers. 1.000 to 1 100 tbs 8.50 0 8.00 Good to choloe steers. 1.000 to 1.200 lbs 7.600 8.00 Good to choice steers. 1.000 to 1,700 lbs 7500 8.00 Common to medium steers, 800 to 1,000 lb# 7.850 750 —Cows ana Heifers— Choice to light heifers 9 9.00010.00 Good lightweights 7.96*5 900 Medium heifers 6 000 7.26 Common cows ..... .w. .. . 6.00 000 Fair cows 6.000 7.60 Cutters 8.75® 8.25 Caimers . 2.250 3.76 —Bulls Fancy butcher bull# 9 5.000 000 Good to choice butcher bulls. 6.00(9 6.60 Bologna bulls 4.60 0 6.00 ■■•■•Oslves Choice veals 911.00*12.00 Good veals 10.00*11.00 Medium ve5t5,..........'.. 7.00 @IO.OO Lightweight veals 7.60(?f 8.00 Common veals 700 0 7.60 Common heavies 0.000 7.00 Top 12.00 —Bhcep and lambi Extra choice lambs 910.00*11.50 Heavy lambs ........ 9.60(ft 11.50 Cull lamb* 5.000 7.60 Good to choice ewe* 3.000 OCO Cull# C 00® 8 O 0 Other Livestock By United Financial CHICAGO. Oct. 24—Hogs—ReoelpU. 28 000: market 10@15c up: top. $7 70: bulk, $6 90 0 7.50: heavyweight*. *7.10® 7 VO; medium. $7.16*7.05: light. 90.75® 7 75: light lights $0.8507: heavy packing smooth. $6 500 6 75: packing sows, rough. $0 [email protected] killing pigs, $6.2500.60. Cattle—Receipts. 4,000: market, slow: better grades fed steers, yearlings and fat shestocks steady; spots stroi g. others dull: killing quality plain: top matured steers, $1245; best yearlings, $11.85: ten loads hcoice yearilngs. sl2; light yearlings. $11: demand for .good mixed yearlings: run Includes ahouAy'l.OOO: western grassers mostly In feeding steers: veal calves weak: Stocker# and feeders weak, 25c off; plain light Stockers off to $4 and below. Sheep—Receipts. 22,000: market, fairly active; fall lambs 250 up: cull natives and sheep steady feeding lamlw steady to weak, good to choice fed fat iambe. $12.75: natives to packers. sl2@ 12.50: to city butchers sod shippers. $12.75: some held higher; good lat ewes. $5.50: heavy natives, $4; choice feeding lambs. $12.50. EAST ST. LOUIS, Oct. 24.—Cattle—Receipts, 6,000; market for native,beef steers alow; native beef steers. $lO up; yearlings and heifers. $10.25 up: cows. $4.76 up; caners and cutters, s2@3; calves. $10; stockers and feeders. $4 500 5.75. Hogs— Receipts. 19,000; market 10@250 higher; heavy, $7 10*7.60; medium. ,97.25*7.00: lights, $6.40 @7.40; light lights, $6.76@ 7.10: packing sows, $5.75@6 10; pig". 95.50 @0.26; bulk. [email protected]. Sheep—Receipts, 1,000: market uneven to higher: ewes. [email protected]; canners and cutters. [email protected]; wool lambs, $10.50. PITTSBURGH. Oct. 24.—Cattle-v-Reoeiptfl light; market steady; choice. [email protected]; good, $7 6508 60; fair, s6@7; real calves, $12.50@13. Sheep and lambs—Receipts light; market steady: prime wethers. $7.50 @7.80; good, [email protected]; fair mixed, $5 @6; lambs, $9012.60. Hogs—Receipts, 12 double-decks; market higher: prime heavy. $8 @8.10; mediums, [email protected]; heavy Yorkers. $8*8.10; light Yorkers. $(1.75@ 7.25; pigs. $6.2506.50; roughs. *0.25@ 6.85; stags, $3.50@4.

Births V Boys Louis and Agues AjiduJne Tl 9 H. Wrtnan. Austin and Nellie Zlpo. 1742 W. Marieet. Giuseppe and Marla 9gro, 720 Lord. John and Nellie Branam, 2104 E. Mlho,lfffKobert and Mary Lee. Deaconess Hospital. Cl aries and Jean Kappu*. 843 8. Sheffield Haul and Neoma Nance, 1926 Howard. John and Jeanette Bracken, 2477 Bond. George and Leona Whitfield, 1638 Maudes. _ I-orenzo and. Sarah Pamberton. 622 M. Norwood. „ . George and Vivian Koed, 1631 Hoyt. Girls Steve and Helen Varga. 1029 Ketcham. Charles and Lydia Gregory. 734 Elm. William and Margaret Bourne, Methodist Hospital. _ Raymond and Florence Stone. Methodist Hospital. . Homer and Martha Thatcher. 617 Lord. Richard and Sarah Dejamett, 1400 Jones. Wilbur and Helen Shook, Methodist HosPl Buck and Louberta Davenport, 1748% Boulevard Place „ Harry and Rena Nicholas, 1207 N. West. Deaths Dora Turner, 63. 1524 N. Gale, ehronlo interstitial nephritis. Manuel H. Conger, 81. 382 Prospect, arteriosclerosis. Eugene Ferguson, 5 mouths, 817 W. Twenty-First, entero colitis. Herman Floyd Mills, 6 days, 2347 Baltimore, ate.’octasis. Henry Campbell, 2 days. City Hospital, cerebral hemorrhage. Penrose McCreary, 64, 1727 Montcalm, arteriosclerosis. Fannie Mary Hoover, 60. Deaconess Hospital, acute dilatation of heart. Arthur B, Franklin, 58, City Hospital, cerobro spinal meningitis. George Elmer Housher, 59. 2005 Broadway. chronic myocarditis. Almond Coffee, 18. 2340 N. Keystone, tuberculosis. Clara Elizabeth Hausman, 1 month. 1005 Union, inanition. Phillip Ik oerebrtl hemorrhage. Lucretla Catherine Lloyd, 09. 60 N. Bolton. bronchial asthma. Frank Harrison Patrick, 10 months, 1202 W. Market, gastro enteritis. Leverett Craig, 5 months, 1936 W. New York, broncho pneumonia.

WAR SURGEON IN V. F. W. Major Maddux Chairman of Rehabilitation Committee. NEW YORK, Oct. 24*.—Selection of MaJ. Henry C. Maddux as chairman of the V. F. W. rehabilitation committee places at the head of that body one of the Nation’s best Informed men on the subject of the disabled. Major Maddux was in command of one of the largest hospital centers In France during the World War; has seen service during the Spanish-Amerlcan War, Philippine Insurrection, and upon hla return to the United States was In charge of Hospital 28, Illinois. He resigned from the United States Army while on duty at the Walter Reed Hospital and has taken up private practice. The appointment of Major Maddux was one of the first acts of General Brett on being elected com-mander-ln-chlef of the V. F. W. DETRiIIS REPORTS ABOUT STREETRAILWAY Claims That Municipal Project Did Not Operate at Loss, 'By Time Special DETROIT, Oct. 24. —Critics from out of town just won’t leave the DeI trolt *‘Muny” alone. The “Muny” is the popular name i here for the Detroit municipal street railway system, the largest publicly owned system in the United States. The first years profit, roughly $1,000,000, Is being criticised by the private owners elsewhere who say the-t the Detroit lines would have shown & loss if taxes, paving charges and depreciation had been counted in. “The case for the city car lines can rest on a report of the Bureau of Research, an ind, pendent organization. supported by the taxpayers and I having no connection, political or otherwise, with the city administration," said Charles F. Freiberger, secretary to Mayor Doremus. "This report shows that taxes and paving charges have been deducted. “The usual depreciation was not de- • ducted because it was the belief of the railway commission that If depreciaj tlon were charged in addition to the semi-annual payments being made upon the ten-year purchase contract, and In addition to the sinking fund, the car rider would really be asked ; to pay for the property twice Instead of once in a period of ten years. “The depreciation criticism would not have destroyed our profit showing because we could have put away the same amount of depreciation as the private company did In the four or | five .y'ears previous (which never I amounted to more than three or four | hundred thousand dollars) and still I show a sizeable net return, j “The Wall Street Journal searched for some available point In our yearj!y report and seized upon the de- | predation account in its effort to show j we were operating at a loss. Asa matter of fact they entirely overlooked the fact that In addition to having this net return (or profit), we had paid over $1,000,000 on our fmrchase contract, as well rs setting Raide a pro rata yearly amount to take care of the balahce due on the principal of the contract In 1931. This balance at that time will be $7,000,000.

BANK PRESIDENT DENIESBEPOSITS (OmtlmifHl From Pago 1) Simons signed to a note was not gen ulne and McCray knew lt was not genuine. McCRAY’S NAME ON CHECKS Records of Agriculture Board Show Oouree o i $50,000. How $50,000 of the $166,000 of the State board of agriculture’s money came into the hands of Governor McCray was shown today by minutes of the body. Immediately following sale of a bond Issue for $976,000 the board made a distribution of the deposits and, on suggestion of Governor McCray, fixed $25,000 as the amount for deposit in the Discount and Deposit State Bank of Kentland, of which McCray was president. Ai. Indianapolis bank, which had been allotted $75,000, refused to offer Interest •on the deposit, and this amount was divided among three three other banks, the Kentland institution receiving an additional $26,000, according to records? Two $25,000 checks were made out to "The Dia count and Deposit Bank, Kentland,” and were turned over to McCray as president. These checks were Indorsed “The Discount and Deposit StatBank, Warren T. McCray, Pr.,” and are In the files of the board of agriculture. The indorsements are in pen and ink and the name of the bank and signee are in identical script. A member of the State board of agriculture has said that the Kentland Bank Is the only one of the board’s list of depositories that did not forward a certificate of deposit to the board. It Is known, and admitted by McCray and.l. Newt Brown, secretarytreasurer of the board, that $105,000 additional of the board's money went to McCray. McCray has said he “borrowed” $155,000 from the board personally, and Brown has repeatedly denied the board made “loans” to him. Eben Wolcott, State bank commissioner, refused to make public the result of a recent investigation of the Kentland bank. Wolcott declared the report, made before the Institution closed Its doors, “confidential and cannot be made public.” Meanwhile, the question of whether the $155,000 was a loan or a deposit rp"''ilns moot.

IBUY AND SELL

LIBERTY BONDS 418 LGMCKfi BUILDING

BOOTLEGGING NEWS FINDS SPACE IN NEW YORK PAPER Readers Are Kept Informed of Latest Liquor Quotations. WASHINGTON, Oct. 24.—The buying and selling of illegal booze has become a commercial avenue of such magnitude as to call for a full page in a New York sporting paper, giving the latest quotations on booze prices and the most up-to-the- minute news on bootlegging activities. Oddly enough, lt is not anew paper, but one which styles itself "the oldest amusement paper In America.” On a special page, run under the big type head, “Liquor Market,” lt gives the following and much more information, written from a strictly commercial point of view for its readers: “Increase in Scotch” “The bootleg prices for booze atound New York have remained about the same for another week. “An increase in Scotch is looked for by the dealers, however, with in n week or so. It jumped $3 a case last week, making the present quotation $45 for two weeks running. “Boats on the rail have raised their prices, but the flood of liquor in the metropolitan market has suftlced to make the bootleggers demand that the old scale stand, sl9 per case outside the three-mile limit. "Current bootleg liquor quotations are: "Scotch $45 Rye (Bonded) 86 Gin 34 Champagnes 80 Blcardi Rum ........... 85 Sauternes 40 Sherry 35 Ale (Barrel) : 45 Beer (Barrel) 35" This paper runs an advertisement in other New York papers announcelng that lt "every week carries pertinent news on prohibition andthe bootlegging industry. Unbiased versions of both sides. ’The Liquor Market’ and ’Rum Runners’ are two standing departments."

TWO ADMIT HOLDUP OF COAST BANK (Owltinued From Page 1) 'and had them covered before they knew what was happening. They were heavily apmed. police say. After Detectives Brickley, Finner nan, Dugan and G. M. Stewart obtains dthe reputed statements from Donovan and Dranginis, the Claypool room where Mrs. Dranginis was found was searched. Newspapers telling of the Lo# Angeles robbery were found. Detectives say Mrs. Dranglnle, to whom Dranginis was married Oct. 9, in Waukegan, IIL, urged him to tell his story. Needed the Money "On Aug. 21, Donovan and a fellow named ‘the Sheik’ In my car drove up to the bank. Donovan told them he was Terrible Tommy O’Connor of Chicago, and he needed money and was going to get lt,” says the reputed statement of Dranginis. “I (Tcooped up the money, the Sheik’ fired a shot into the celling and Donovan knocked a girl stenographer to the floor as she attempted to summon police. Another man who I heard called ‘Blackie,’ but who I never saw before or since stood at the front. A large crowd gathered and all seemed to have guns. When we heard the sheriff was coming we dashed from the bank. As the bullets whistled about us and sixteen bucK shot entered my back from a gun in the hands of a deputy sheriff we drove away, returning the fire. A man who rushed toward Donovan was shot down by the ‘Sheik,’ who later left the car. We were to pick him up that night, but when we felt things getting warm we left. Drove to Seattle “From there were drove to Seattle, and on the way divided the money. The ‘Sheik’ was given over SSOO before he got out of the car. each of us took $2,100, and several hundred was used for expenses. On the way all of the mortgages were tossed Into the river. We went to Portland. Ore.; Racine, Wls„ where I was joined by my wife, who I had sent for. “We drove to Waukegan on Oct. 9 where we were married and then to Peoria, 111., and come to Indianapolis, Oct. 21.” Donovan told practically the same story, detectives say. “Gee, but this is terrlbla,” said Mrs. Dranginis, a native of Spain, and pretty, said when taken Into city prison. “Do I have to sleep and rest on those iron cots? Well do I get out of here soon and what have I done?" Disgusted at Capture "Don’t lt beat the world,” said Donovan at headquarters. "Pull a big job out in the West, come out of battle that I never want to encounter again without a scratch and then fall for a little paltry $35 job like this.” “Well, you know whet done it, don’t you?” he said turning to Dranginis and pointing to the car. All the detectives gazed that way and on the top of the gear shift lever was a pool ball numbered "13," I knew when we put that thing on there it was going to be a hoodoo.” Mrs. Dranginis said she met her husband about three months ago after he was discharged from the marines as a sergeant. “When he sent for me from Racine, Wis., I thought he was working there,” she said, "and after I arrived he mentioned the trip as a honeymoon. WJhen they left the hotel Tuesday night they said they were going out to play pool, and here Is where we all are.” .

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