Indianapolis Times, Volume 35, Number 161, Indianapolis, Marion County, 19 November 1923 — Page 11

MONDAY, NOV. 19,1923

GENERAL MARKET RESUMESADVANCE TO HIGHER LEVEL Compromise of Ambassadors Imparts Buoyancy to Initial Dealings, The WALL STREET JOURNAL NEW YORK. Nov. 19.—AngloFrench relations remained in a state of crisis over the week-end, but the seriousness of the situalion was relieved at the start of the new week when it was announced that the conference of ambassadors had arrived •it a compromise on the re-imposition of allied military control over Germany. This development gave a buoyant tone to the stock marker, in today’s early dealings and Baldwin rebounded to 127, up practically 2 points and active short covering took place all through the list. First Hour Further impetus was given to the recovery in the general list by the good feeling resulting from the increasingly bright prospects for the success of the Mejlon tax reduction ’m P-°-Ment Coolidge’s position in its favor brought additional buying into the industrial group before the close of the rst hour. Baldwin reached anew high on the current upswing at 128% and pronounced strength cropped out in a number of specialties, oi.° of which moved up to 49 against Saturday’s low of 4612. Second Hour Sterling enjoyed a vigorous rebound in the late morning, coming back more than 4 cents from its recent low In response to favorable return it, Anglo-French crisis and stocks continued to display strength, the upward movement broadening toward noon. Bullish demonstrations went ahead in many sections of the list, and among the oils Cosden and Standard Oil of New Jersey were favored, while Schulte was the leader of the specialties. Electric Storage Battery reached new high ground on the movement in anticipation of a subetantiai extra dividend payment. Noon Hour A recovery of more than four points in American Cotton Oil around noon reflected the difficulty in borrowing the stocks by shorts since the readjustment began, and U. S. Cast Iron Pipe common advanced three points reflecting declaration of dividend of half of 1 per cent last week. This is the first distribution of Cast Iron Pipe since 1907. The company has had an exceptionally good year with earnings estimated at over sl4 a share on the common after allowing for the 7 per cent preferred dividend. Fourth Hour

Stocks continued to move ahead in the early afternoon. United Cigar Stores jumped 9 points to IS4 in response to a statement that the 1923 net would excee last year's showing of 112.30 a common share. All the equipments were strong uner the leaership of Balwin. Outsie of a goosized short interest, the reason for the strength in this class of securities is found in the pending orders for cars and locomotives. Based on the inquiries in the market it is believed the first half of next year will compare favorably with the last half of the current year. Twenty active industrial stocks on Saturday averaged 89.65, off .68 per cent. Twenty active rails averaged 79.80, off .48 per cent. Local Bank Clearings Indianapolis bank clearings Monday were $4,028,000: bank debits were $6,695,000. Foreign Exchange By United Financial NEW YORK. Mot. 19.—Foreign exchange opened irregu ar: Sterling, demand. $4.26 %; cables. $4 -6%. Francs, demand. 5.25 e: cables. 5.25%c. Lire, demand. 4.24%c: cables, 4.24 He. Belgian, demand. 4 48c: cables. 4.48 tie Marks. 4.500,000.000.000 to tlie dollar: Czecho demand, 2.88 c: cables. 2.BBtic. Swiss.' demand. 17.20 c: cables. 17.22 c. Ciders. demand. 36.95 c; cables, 86.98 c. Pesetas, demand. 12.81 c: cables. 12.88 c. Sweden, demand. 26.11 c: cab es. 26 15c. Norway, demand. 14.43 c: cables, 14.47 c. Denmark, demand. 16.80 c: cables, 16.84 c. CURB MARKET OPENING DECIDEDLY IRREGULAR Oils Generally Show Ijosses—Prairie, However, Advances By United Financial NEW YORK, Nov. 19.—The curb market opened irregular today, with the following prices: Gulf States Oil, 6, off *4; Standard of Indiana, 55 *4: Cities Service preferred, 67; common, 132%. off %; Wrigley, 40%. off %; Mutual Oil, 9%. off %; Vacuum, 52%; Consolidated Gas, 56%, off %; International Petroleum, 16. up %; Ohio Oil, 58, up 1; Park & Tilford. 32%, up %. Admitted to trading Pain Knitting Mills, Incorporated. 115.000 authorized shares common stock, no par value, when, as, and is if issued. The list was still irregular at 11 o'clock with the following prices: Prairie Oil, 186%, up 3: Wrigley. when issued. 40'. off %; Prairie Pipe, 95. up 1; Buckeye. 71, up 1; Mutual. 9%, off %; Anglo-American Oil, 14, oft %; Radio, 3%. Tank Wagon Prices (Gasoline prices quoted do not include State tax of 2c a gallon.) GASOLINE—Energee 12.2 c a gallon; Purol, 12.2 c: Red Crown, 122 c; Target. 12.2 c: Silver Flash. 16c; Standolind aviation. 10.03 c. KEROSENE—Crystaline, 10.7 c: Moore IJeht, lde: Perfection. 10.75 c NAPTHA—Lion Poyer cleaners. 25 1c; V. M. A P.. 22.1 c; Stanolind cleaners, 22.1 c. Raw Sugar Market Bp United Financial NEW YORK, Nov. 19.—The raw sugar market opened steady. December. 5.36 @ 5 37c; March. [email protected]; May 4.55 % 4.58 c. Dressed Beef Prices Wholesale seeing prices on dressed beef. Swift * Cos.: Ribs—No. 2. 30c; >No. 3.17 c. Loins—No. 2 25c; No. 3, 18.?. Rounds— No. 2,20 c: No. 3.15 c. Chucks—No. 2, 13c: No. 3.10 c. Kates—No. 2,8 c; No. a. 7c. Cloverseed Market Local dealers are paying $7.50 @lO a bushel for cloverseed.

New York Stocks (By Thomsoi & McKinnon) —Nov. 19—•

Railroads— 12:45 Prev. High. bow. p. m. dose. Atchison..... 95% 95% 95% 95% B & 0 57% 57% 57% 67 C A 0 71% 71 71 71 CtNWBf. 60% 60% 60% 60% Erie Is! pfd. 27% 27 27% 20% Gt. Nor. pfd. 50% 55% 56% 65% N Y Central. 101% 100% 101% 100% Nor. Pacific.. 52% 51% 62% 52 P-Mariuette.. 40% ... 40% 41 Pennsylvania. 41% ... 41% 41% Reading 77% 76% 77% 76% Sou. Railway 36 35% 36 36% Sou. Pacific.. 80% 86% 86% 86% St. Paul pfd. 25% 25 25% 25% U. Pacific. . .131 130% 131 130% Wabash pfd.. 33% 32% 33% 32% Rubbers— Kelly Spr 26 25% 26 25% U S Rubber.. 35% 34% 35% 34% Equipments— Am Locomo.. 75 73% 74% 73 Vi Baldwin Loo. 128% 125% 128% .126% General E1...183 178 180 178% Lima Locomo 06 65 66 64 Pullman 123% 122% 123% 123 YVeetingh El. 57% 57% 67% 67% Steels— Bethlehem... 50% 49 50% 49% Crucible 64% 04 04% 63% Gulf State#. 80% 79% 80% 78% Rep I and S 46% 45% 40% 45 % U S Steel... 93 % 92 % 93 % 92 % Minings— Gt Nor Ore. 31 30% 31 30% Coppers— Anaconda ... 37 ... 36 % 36 % Renherott ... 33 % *33 % 33 % 33 % Motors— Am Bosch M 31 % ... 31 % 31 % Chand Mot.. 51% 51 51% 50% Gen Motors. 14 13% 14 14%

WHEATSTRENGTH BOONTO GRAINS Higher Liverpool Market and Light Receipts Responsible, Bu United Financial CHICAGO, Nov. 19.— Strength in the wheat market reflected in other grains and prices opened higher on the Chicago Board of Trade today. A higher Liverpool market and light domestic receipts brought buyers into the wheat market at the opening. Liverpool opened fractionally higher with better demand and at 2 o'clock had gained a point. Lighter world shipments was one of the leading factors in the upturn in Liverpool, the total being 13,843,000 against 15,367,000 bushels last week. Renewal of agitation to extend credit to Germany aided the market. Cora was up with wheat. Buying also was induced by lighter receipts than expected and strength in hog markets. The continuance of favorable weather over the belt has aided farmers to prepare new stocks for shipments and railroads throughout the Mid West report Increasing demand for grain cars, indicating much of this corn is ready for shipment. , Oats were dull, but made a fractional advance with other grains. Nothing was done in provisions and prices remained unchanged. Chicago Grain Table —Nov. 19— WHEAT-*- Prev. Open. Hlirh. Low. Close. close. Dec... 102 1.02% 1.01% 1.01% 1.01% 1.01 % May.. 1.07% 1.08 1.07% 1.07% 1.07% 1.07% 107% Ju'y_ Dec... .73% .74 .73% .73% .73 .73% .73% May.. 72% .72% .72 .72% .72 .72 JU &AT3 .72 % .73% .72% .73 .72% Dec. .41% .42 .41% .41% .41% May. .43% .44 .43% .43% .43% .43$* July.. .43 .43% 43 .43% .43% CHICAGO. Nov. 19.—Car lot receipt#: Wheat 20; corn. 175 oats. 65; rye. 8.

Grain Briefs

CHICAGO. Nov 19.—Lower grain prices may be expected unless export business improve# or the duty on wheat l# raised. Corn speculation is to be more popular than wheat because of its existing scarcity. Texas buyers are taking liberal quantities of Kansas corn, paying 55c a bushel. Pressure in oats is not heavy enough to change prices to any extent. For the past week or more prices have fluctuated in a very narrow margin. Several leading professionals are bullish on corn, but have been ho.dmg off iu the expectation that prices would undergo revision. The Government will do something soon to aid the farmer, according to latest advice# from Washington. Local Hay Market Loose hay. slß® 21; light mixed hay. sl7 @2O. Local Wagon Wheat Local mills and elevators are paying $1 for No. 2 red wheat.

Produce Markets

INDIANAPOLIS, Nov. 19.—Fresh eggs, oss off, 54c; lacking stock butter. 39c; springs, over 2 lbs., 17c: fowls, 4% lbs. up, 19c, fowls under 4% lbs.. 16c; Leghorn poultry. 25 per cent discount: rocks. 10c: young tom turkeys. 12 lbs. up, 33c; young hen turkeys, 8 lbs. up. 33c; old tom turkey#, 28c; ducks, 4 lbs. up, 18c; geese. 10 ibe. up, 17c: young geese, 6 lbs up. 16c; squabs. 11 lbs. to the doz., $5. young guineas. 1% ibs. up. loz., $7; old guinea#, doz. $5: rabbits, drawn. No. 1, doz. $3. Indianapolis creameries are paying 54c a pound for butter. CHICAGO. Nov 19.—Butter—Receipts, 9.656; creamery extra 52 %e standards, 49 %c: firsts. 44<d40%c; seconds. 42® 42 %c. Eggs—Receipts. 3.583: ordinary firsts. 35® 42c; firsts. 48652 c. Chees*— Twins, 24c: young Americas. 25%c. Poultry —Receipt#, 18 cars: fowls. lGfftlOe: ducks, 19c; geese. 19c: springs, 18c: turkeys. 28c: rosters. 13c. Potaoes—Receipts, 339 cars: YViseonsin round white#. 850® $1.10: Minnesota and North Dakota U. S. No. 1. 90 6 95c: South Dakota round whits. 75® 90c. CLEVELAND. Nov. 19.—Butter—Extra, in tub#, 55% @67%0: prints one cent extra; firsts. 54% 656%c. Eggs—Fresh gathered northern extras 00c: Ohio firsts, 54c; western firsts, new cases. 52c. Poultry— Heavy fowls. 196? 20c: medium fowls, 19® 22c: cocks. 14® 15c: springers. 19® 21c: ducks. *2l ® 23c Potatoes—Michigan round whites, [email protected] pel 150 pounds; Ohios. [email protected] per 150 pounds. NF.W YORK. Nov. 19.—Flour—Dull, unchanged. Pork—Dull; mess, $25.60 @ 20.50. Lard —Easier: Mid West spot. $1.35 ® 14.45. Sugar—Raw ouiet 7.28 c; refined quiet: granulated, 8.75®8.90c. Coffee —Rio spot. 11c; Santos No. 4. 14% @ 15 %c. TV low —Dull; special to ex*ra. 7 % @Bc. Hay—Firm No. 1. [email protected]; No. 3. $1 3061.35. $l.2O Si X. 45. Dressed poultry—Quiet; turkeys, 26% 50c; chickens. 18®42c: fowls. 15®30c; ducks. Long Island. 25® 39c. Live nou’try—Quiet geese. 23® 25c; ouek#, 14629 c; fowls 15 ® 28c: turkeys. 40<g>42c: roosters. 14c; chickens. 18®20c broiler 266J30c: capons. 30®35c. Cheese—Firm; State whole milk, common to speria , 226 t 82c; State kirns, choice to specials. iß@iPe: lower grades 54i 15c. Butter—Firm: cresm-ry ex’ra. 54c: special market, 54% ® 55c: State dairy tubs. 406/ 52 %<• Eggs—Steady, receipts. 0 787; nearby whites, fancy. 84® 86c: nearby State whites. 48®80c: fresh firsts to extras, 52@68<j; Pacific coast 34 6 79c: western whites. 46® 86c: nearby browns. 69® 77c.

High. Low. P, M. Close. at 12:45 Prev. Max Mot A. 58% 55% 57% 55 % Max Mot 8.. 10% ... 10% 16% Studebaker .102% 101 102% 100% Stromberg... 81 79% 81 78% 0 tew-Warner • 88% 84% 86 84% Timken 38 37% 38 37% Oils— Cal Petrol... 22 % 21 % 22 % 25 % Cosden 26% 25% 26% 26% Marland Oil. . 23 21% 22% 22 Pan-A Pete. 59 58 68% 57% Pan-A Pete B 57% 56% 58% 56% Pro and Ref 18% 18 18% 17% Pure 0,1. .. 16% 16% 16% 16% St Oil of Cal 54% 53% 51 53% St Oil of N J 32% ... 32% 32% Sinclair 18% 18% 18% 18 V* Texas Cos ... 38 % 38 % 38 % 38 % Industrials— Allied Chem 64 % ... 84 % 64 5, Am. Can 99% 97% 97% 97% Am Woolen.. 71 % 70 % 71 % 70 % Coca Cola. . 71% 71 71% *l% Comp. AT.. . 81% ... 81 78% Cont. Can... 51 50 51 49% Kara Players 64% 62% HI % 62 Gen Asphalt 32% 31% 32% 31% Mont. & YV.. 25% 24% 25% 24% Sears-H0c.... 85 % 84 % 85 % 83 % U S. In. Al.. 59 58 59 57 Utilities — Am TAT.. 123% 123% 123% Con. Gas 58 57% 58 57% Shipping— Ain lut Corn 25% 23% 25% 23% In M M pfd. . 33% 31% 33 31 Foods— Am Sugar... 54% 54 54 % 54% Corn Prod.. 128% 127% 128% 128 Cuba C Sg pfd 50 % 47 % 50 % 47 % Punta Alegre 52% 51% 52% 51 % Tobaccos— Tob Prod (B) 58% 55% 58 58

Business News

NEW YORK, Nov. 19.— More than 100.000 German soldiers landed in New York harbor Sunday It is a Christmas invasionThey are wooden and tin soldiers. German toy makers, whose jobs were disturbed by the war. largely because the American demand fell off, are again busy at almost their former pace und when the big liner Albert Ballin, of the Hamburg-Amerlcan Line, arm ed from Hamburg she had aboard 5.000 tons of German toys for Amem-an kids The Albert Ballin was the first Christmas ship to arrive here from any port, Others, however, are on the way with even greater cargoes of toys, largely of German manufacture, although some cargoes are declared to be on the way from Austria and Czeeho-S ovak a. in Europe and from Japan. WASHINGTON—A derision on the queation o, a change in the present level of Federal reserve bank rediscount rates ts expected to be the outcome of the meeting of the r edera reserve boar.!- with its advisory council. The meeting will last two or three ays. Revision of the existing* rediscount rate structure has been given oonaklerab.e thought by reserve board member# for months, but it la understood that the board is just reaching the point where actual consideration will be given to a readjustment of these charges. Sins- last March Federal reserve rediscount rates have remained uniform y at the level of 4 % per cent. Considerable stress was laid by the board ear.y in the spring upon the uniform rate level in securing an equal supply of credit to the stations of the country. NEW YORK—For the four months. July to October, expo’-ta of merchandise exceeded imports b;, 5278 550 877 an expansion of S9B 996.900 over the balance for the corresponding first four months of the fiscal year 1922. As against this increase, net go and import- rose to SI 13.553.977 in the 1923 period compared with 586.839.557 a year ago. Tills seasonal modification of the statistical condition indicated by trad" figures for ten months was mainly through the usual and normal increase of cotton exports The ex-ess of exports for ten mouths of 1923 w r.s only $135,454,171. covering cotton to O' t 31. compared with $.580,330,853 a year ago. NF.W YORK—After Supreme Court Justice Mullen had signed an in)unction Saturday restraining Scott. Norris & Cos., cotton brokers at 7 YYatcr St.. from continuing business it became known that an involuntary petitioi in bankruptcy had been filed in the F-deral Court against the concern. Wilbur YV Chambers deputy attorney general, alleged that the firm had bucketed orders. ATLANTIC ClTY—That the most serious bituminous coal strike in history of the country will occur next spring, when the present wage agreement expires, is predieatep by L. A. Snead, assistant to the United State* Fuel Administrator and director ot distribution during the war Snead, who is president of two large coal companies in Washington. I> C.. is here recuperating from a recent Illness "A coal strike in the union butuniinous fields, consisting of about 75 per cent of the Nation s soft coal production is certain.'' he declared ‘ There are three maior prob'ems on which neither the operators nor the miners will arbitrate. One U the wage question, the other the check-off and the thud the national versus district agreements Any one of the three will prove sufficient to bring about a strike.”

CHlCAGO—Business is in a heaity condition with a seasonal distribution in all lines The steel industry has reduced Its operating capacity to 70 or 80 per cent on the average, aga-nst 85 and 95 per cent, as the recent peak. But. with shipping factl- : ities the best in years, the industry is enabled to make steady inroads on its unfilled tonnage and buyers knowing this are placing orders In a moderate way. Indianapolis Stocks —Nov. 19— Bid. Ask. Am Cent Life 200 ... Am Crcosoiing Cos pfd 97% ... Belt R R Cos com 70 76 Belt RK Cos pfd 62% ... Century B'dg Cos pfd 98 ... Cities Service com 130% 134 Cities Service pfd 65 % 68 % Citizens Gas Cos com ...... 27 29 % i Citizens Gas Cos pfd 99% 102% I Ind Hotel com 100 ... Ir.d Hotel pfd 100 | Ind Nat Life . . ... ! Ind Pipe Line pfd 76 80 I Ind Title Guar Cos 70 ... I Tndp’.s Ab pfd 50 ! Indpls Gas 49 63 Indols A Northwestern pfd. ... 45 Indpls A Southern pld 60 Indpls St R R 68 Indpls Tel com 1 ... Indpls Tel pfd 90 Mer Pub TJtil Cos pfd 76 Nat Mot Cos . . 1 Pub Sav Ins Cos 12 ... Rauh Fer pfd 50 ... Standard Oil of Ind 54% 56% Storing Fire Ins Cos 9 ... T H I A E com 1 3 T H I A F, pfd 7 16 T H Tr and Lt Cos 78 Union Trae if Ind com 3 Union Trae of Ind Ist pfd.. .. 122 Union Trae of Ind 2d pfd ' 7 % Van Camp Prod Ist ptd 100 Van Camp Prod 2d pfd 100 Van Coal Cos com 1 4 Van Coal Cos pfd 7 12 Wabash Rv Cos com 0 % 11 % Wabash Ky Cos pfd 82% 34% Bonds Belt R S Y 4s. May. 'BO 80 Broad Ripple 5s 66 Citizens Gas 5s 85% 87% Citizens Gas 7s 99 103 Citizens St R R 5s . 79 83% Ind Coke Cos 6s 89 93 Ind Hotel Cos 5s 92% ... Ind Hotel Cos 2d 6s 99% 101 Ind North 5s ... Ind Ry and Lt 5s 88 ... Ind Union Trae 5s ... Indpls Ab Cos 7%s 99 105 Ind Col A So 6s 100 Indpls Gas 5s 84 86 % Indpls Lt and Ht 5s 94 Vi 95 Indpls A Mart 60 Indpls A Northern 50 Indpls A Northwestern 50 Indpls A So 6s 37 Indpls. She'by A S E 50 Indpls St Ry 4s 62 67 Indpls Trae and Term 55... 85% 86 ludp’s Union Ry 5s 95% ... Indpls Union Ry 4%s 95 ... Indpls Water 4%s ....85 87 Indpls Water 5%s 93 z 98 South Ind Powpr Set 105 ! T H I A E 6s \ 65 70 i Union Trae of Ind 68 Sales 40 Shares Ciitzens Gas com 28 In the Cotton Market By United financial NEW YORK. Nov, 19—The cotton market opened lower: December. 34.05 c. off 10 points: January. 33.60 c. off 10 points. February, 33 65c, off 18 points. March. 33,75. off 20 points ' Ban Jewelry Auctions. By Time * Special SHELBYVILLE, Ind., Nov. 17.—An | ordinance passed on first reading at a meet.ng of the city council here w@ld make it unlawful to conduct a public auct.on of jewelry in the c.ty of ShelbyvtlJe between April 1 and Sept. 30. The ordinance strikes at transient public auctions of jewelry and carries a penalty of a SIW fine and mnety days imprisonment

THE INDIANAPOLIS TIMES

HOGS ADVANCE ON SHIPPINGDEMAND Prices Go 5 to 15 Cents Higher—Clearances Good, Nov. 250-300 lbs. 200-225 lbs. 150-180 lbs. 13. 7 10® 7.25 0.90® 7.10 0.75® 090 14. 7.10® 7.35 6.85® 7.10 6.05® 8.80 15. 7.10® 7.25 6.80@ 7.10 6.60® 0.80 18. 6.90® 7.10 6.05® 6.86 6.50® 0.63 17 7.15® 7.35 6.90® 7.10 6.75® 0.00 19 7.30® 7.50 7.00® 7.25 6.85® 7.00 Hog prices advanced 5 to 15 cents though generally a dime in trading at the local livestock market today in the face of heavy Monday receipts of 11,500, due to an active shipping demand that brought outside buyers in competition with local killers. The advance carried the top for good heavyweights to $7.50 while lights sold upward from $6.85 and mixed hogs generally from $7 to $7.25. The hulk of sales was made between $7 and $7.25. Pig prices reflected the advance by going a quarter higher at $6.50 down while sows held steady at $6.25 down. Some traders expressed the belief that the day’s advance in the face of heavy receipts indicated that higher prices might be expected on the theory that buyers would not be entering the market so actively on the advance If lower prices were to bo expected. Saturday's clearance which left pnly 122 hogs unsold evidenced the market's ability to dispose of receipts which has nearly touched the 85,000 mark for the week. Continued heavy receipts strengthen the belief among traders that farmers are marketing their livestock to dispose of their corn. The cattle market was unusually dull, due to light receipts of 4CO. Large buyers were not attracted by the offerings which were largely of medium and common grade and the market dragged from the opening. No prime cattle were received. Quality considered, the calf market was regarded as generally steady, though fewer calves brought the top of $12.50 than on previous trading, the practical top having been sl2 while the hulk sold from sll to $11.60. \ Receipts, 200. Prices for lambs were generally a half dollar lower at sl2 down while sheep were steady at $6 down. Receipts, 300. —Hog#— Cfioi'-e light# .., * B.S5® 895 Licht mixi-ii 8 95® 7.10 1 Medium mixed 7 15® 7.25 j itcivywriphtß ............. 730 2 7.50 1 Bulk of sale# 7.00® 7.25 j Top 7.50 ogls 0.1)0® 6 50! Ptu* 6.00® 0 50 | Packing sow# 5.75® 8.25 j —4sttl e • Few choice steer# slo.oo® 11.00 Prime com fed steer*. 1,000 to 1,800 lbs o.oo® 9.50 Good to choice steer# 1,000 to 1,100 lb# 8.50® 9.00 Good to choice steers, 1,000 to 1.200 lb# 7.50® 800 Good to choice steer#, 1.000 to 1,700 It* o.oo® 7.60 Common to medium steer#. 800 to 1.000 lbs 6.00 ® 7.0 0 —Cows and Helfen*-—-Choice to iirht hdfors $ B.oo® 10.00 Good heavyweights 7 25® 0.00 , Medium heifers o.oo® 7 25 Common cows 6 00® 0.00 | F: ir cow# 6.00® 750 ; Cutter# 2 75® 325 Canners 2.23® 3.75 —Balls— Fancy butcher bull# $ 5 00® 8 00 Good to choice butcher bull#. 6.00® 6.50 Bologna bull# 4.50® 5.00 —Calves— Choice veals slo. oo® 12 60 Good veal# . . 9.00® 10 00 ’ Medium veals 7.00® 9.00 Lightweight veal# 7 50® 8 00 j Common v< al# 7.00® 7 50 Common heavies 800 0 7.00 Top 12.50 —Sheep and Lamb#'’’xtra choice lamb# $lO 00® 12 00 Heavy iamb# B.oo® 10 00 Culi lamb# 6.00® 700 Good to choice ewe# 4.00® 700 Cull# 2.00® 3.00

Other Livestock Bu United financial CHICAGO. Nov. 19.—Hog#—Receipts, 53,000; 10c to 16c up; top. $7.20: bulk $0 SO @7: heavyweights. $0.90 @7.20: medium, $6 85@ 7.10; ILthU, $0.40@0 95; light lights, $5 5008 85: heavy packing, smooth. $0.45@ 8.75: packing sows, rough. $0 25® 6.45: killing pig# $475@7. Cattle —Receipts. 20.000; market sow. uneven: killing qualities plain: liberal proportion steer run short feds and western gTasser#. better grade yearlings and handy weight fed steers steady: others, esperialiy short feds, dull and lower: shipping demand narrow; choice handywelght steers. sl2: light yearlings. 511.75; few sales short feds; long fed steers. $9.50® 10.75: several loads grassors. so@ 7; yearling and handyweight beef heif ers getting best action; canners and cutters easy; bulk and Stockers and feeders steady: vealers, 25c off: bulk to packers. [email protected]. Sheep—Receipts, 29.000: slow, fat iamb#, 50<: off; sheep, 25c off' feeding lambs, slow, 25c to 50c off; most fat lambs. sl2® 12.25; few held higher; culls, [email protected]; Uttle done on feeding lambs and sheep. KANSAS CITY. No, 19 —Cattle—Receipts. 25 000 calves. 5,000 slow no beef steers sold: killing qualities plain: a few sales of she-stock to outsiders around steady ; Colorado heifers. $5.50® 8.25: desirable sto-kers and feeders active; fully steady; numerous sales at $0.25 @7.60 Hogs—Receipts 14.000; slow: few sales 15c higher 210 to 230-pound butchers to shippers at $8.65® 8.70: a few mixed grades to packer# at $6 80: packing sows mostly [email protected]; bulk stock pigs. $4 75 @5. Sheep—Receipts. 6.000; slow; few sales of lambs around a quarter lower; early top fed westerns, sl2: natives. $11.75 sheep steady to weak: few wethers at $7.65@8. EAST ST. LOTUS. Nov. 19.—Cattle—Receipts, 7.000; market, beef steers, steady: native beef steers, $8.25@8 10: yearlings and heifers. $7.50®9; cows s4@6; canners and cutters. $2.25® 3.25: calves, sll Stockers and feeders. s4@s. Hogs—Receipts, 20.000; market, generally 10@20e higher; heavy, $68.>@7.15; medium, $6.85®7.16: lights, $6 40® 7.05 light fights, $5.00® 6.85; packing sows, $5.7506.35; pigs, $5.75 @6 40: bulk. $8.70® 7 Sheep—Receipts. 1,000 market, steady; ewes. $3.5008.50; canners and cutters, $103.60; wool lambs, $10.75® 12.75. PITTSBURG, Nov. 10.—Cattle —Receipts, 120 loads; market steady: jhoice, $9: good, [email protected]; fair, SOOB 85; veal calves, sl3® 13 25. Sheep and lambs—Receipts, 20 dou-ble-decks; market slow; prime wethers, $7.50 @7.75; good, $7 07.25: fair mixed, [email protected]: lambs. $9.50® 13. Hogs—Receipts. 65 double-decks; market higher; prime heavy. $7,300 7.35; mediums $7.30 @1 7.35; heavy Yorkers, [email protected]: light Y'orkers. $6.25 @6.50; Digs, $5.7500; rough", $5 50®' 6 25; stag . $3- 50 @4. Building Permits E. M. Schofield, dwelling. 2526 Prospect, $2,000. Ida E. Neff, addition, 113 N. Arse.nal, S7OO. Avery Sharpie, reroof, 511 N. Keystone. S4OO. YV, P. Smith, dwelling, 1434 W. TwentySeventh, $4,000. Olivo A. Day, garage, 4825 Wlnthrop, $285. Olive A. Day, garage, 844 N. California, SSOO. , YVilliam E. English, remodel, 138 Monument Circle, SB,OOO. C C. Cotton, garage, 2849 N. Delaware, SSOO. C. YV. Craig, garage, 1309 Comar, $420. Archie DorpUing, double, 4248 College. $9,500. Sisters of Good Shepherd, addition, 111 YY‘. Ray n-->nd, 5584. Claribei S. Harrison, garage, 140 S. Ritter. S2OO. Lillian Lancaster, reroof, 35 N. Hawthorne. S3OO. Mary E. Jester, garage, 3748 Cornell. S2OO. B. H. Rowe, garage. 312 B. St. Clair. S7OO.

Your Dollar Uncle Sam Tells Who Gets It,

LINErN f6O Cents \ / La.bor v. / Cents || Mater- \ _ nCents j i! i idler \ Profit 8c I \\ , \Overriead // w, IQuS \/ocJoc//ogil \ \jaxes^ torrmur lazs ow uush f couch, out.' •t jr vj AR needs and interruption of shipping made linen a scarce article during the war. But now it is back on the store counters. Your tablecloth probably is linen. If you do not buy linen handkerchiefs you very likely received one or two for Christmas. Most linen is imported but much of it is made into the finished product in this country. The manufacturer who makes linen products pays 60 cents out of each dollar he receives for his materials. His labor takes 23 cents out of each dollar, while overhead and prefit, including taxes accounts f >r 17 cents. When 'he flax crop is bad in Ireland of Belgium and the price of linen cloth is raised 10 per cent it adds 6 cents to each dollar the manufacturers here must change. A 10 per cent wage increase would add 2,3 cents. NEXT—Refrigerators.

BETTER BUSINESS GOVERNORS MEET Three-Day Session at Lincoln Opens Today, The board of governors of the na tional better business commission opened a three day convention at the Lincoln today. Thirty-five better business bureaus in cities of the United States and Canada and the national vigilance committe of the Associated Advertising Clubs of the World compose the commission. Matters to be considered Include plans for the celebration of National Truth week, Feb. 22. Members of the board: Kenneth Barnard, New York, director national vigilance committee, president: George Huswer, manager Kansas City (Mo.) Better Business Bureau, vice president; William P. Green New York, associate director national vigilance committee; F. M. Wilson, manager Toledo (Ohio) Better Business commission; Howard M. Cool, manager Washington Better Business Bureau; Ferris Miller, manager Los Angeles (Cal.) Better Business Bureau, and G. F. Qlwin, manager Indianapolis Better Business Bureau. Merle Sidener of Indianapolis, member of the managing board of the national vigilance committee, attended.

STATE SPONSORS NAMED r Golden Rule Sunday to Benefit Near East Orphans A state committee of sponsors for Golden Rule Sunday. Dec. 2, in the Interests of Near East Orphans, with Senator Samuel M. Ralston as cHarman. Includes: W. T. Durbin. Anderson; Will Irtvin, Columbus; George Ade. Brook; Tlm|othy Nicholson. Richmond; Elyvooil | Haynes, Kokomo; Thomaa Taggart, ; French Lick Springs, and Frank D. i Stalnaker, Felix M. MeWhlrter. G. A. Efroymson, J. K. Lilly, H. C. Atkins, Fred M. Ayres, Edgar H. Evans, Wal ter Marmon, Michael E. Foley. Edgar A. Perkins, Ed Jackson and Thomay C. Day, Indianapolis. Itepi-esentatives of twenty-eight YY'omen’s organizations of the State are also <ncluded. The commttea will encourage families to sei-ve sacrificial dinners on Golden Rule Sunday, giving the difference I between the cost of a simple meal and the usua' dinner to the orphans. Fire Causes $2,060 Damage Fire believed to have orginated from defective wiring caused $2,000 damage to a double house occupied by Ralph Jewel, 1627 Linden St., and Arthur Marks. 1625 Linden St., today. The hqmes of James McKee. 1623 Linden St., and James Hook, 1629 Linden St., Yvere damaged S3O each by communicating blazes. Scoutmaaters to Meet A scoutmasters' meeting will be held 6:30 p. m. Tuesday at All Souls’ Unitarian Church, 1455 N. Alabama St. Supper will be served by the women of the church. Troop rating reports for October,a discussion on troop discipline fire-making and signal contests will be Included In the program. Lawyers’ Day Is Celebrated Today was "Lawyers’ day” in Indianapolis. Alumni of the law school of Indiana University and attorneys of Indianapolis attended luncheon at the Lincoln and heard Poul V. McNutt of Indiana University discuss the law profession and the participation of Indiana alumni in legal practice in Indianapolis. Rock TliroYYlng Charged Police say that Fred Tanner. 129 Minkner St., identified Herschell Harris, 17, of 1428 ENerett St., as the person who threw a rock through the front window of his home, narrowly missing a daughter. Harris denied a charge of mallcous destruction of property. All-Comers' Tourney Gene Henning will continue to meet all comers at the Cl a ypool billiard parlor this week. He has lost only one game in tYventy played since the tourney opened. This week he Is charging an entry fpe of $5 and is offering a reward of S2O to any player who defeat# him.

VETERANS’BUREAU KIDNAPED INSANE SOLDIERJSCHARGE Witness at Probe Declares Act Was Violation of Court Injunction, Bu United Press WASHINGTON, Nov. 19.—Charges that the veterans’ bureau, under its present administration, kidnaped an insane ex-soldier from an asylum in Washington and moved him to Pennsylvania in violation of a court order was made by Congressman Johnson, Washington, before the Senate committee investigating the veterans’ bureau today. Repudiating testimony given prevously by veterans’ bureau officials concerning this case, Johnson charged it was "apparently manufactured" to be used by the bureau in an effort to remove the veteran’s wife as his guardian. The veteran, Charles ICasavage, was committed to a Washington asylum by a Washington court. Johnson told the committee, upon instructions of the bureau, his wife was appointed his guardian. Last June the bureau served notice they intended to transport Kasavage to a Pennsylvania institution. Mrs. Kosasvage obtained an injunction restraining the director of the asylum delivering tier husband to bureau officials. Despite the injunction, Johnson said, bureau employes visited the institution. forcibly "kidnaped" Ka savage and moved him to Pennsylvania, where suit, hpa been instituted at WUkesbarre by the bureau to remove his wife as guardian.

HOLDING COMPANY AUDIT IS ORDERED / Consolidated Realty Books to Be Checked Immediately, A complete audit of the records of the Consolidated Realty and Theaters Corporation wiil be made immediately, Receiver Fred A. Sims said today. The books arrived from Chicago Saturday. The corporation, which controls the Consolidated building here, and theaters in Terre Haute, Evansville, Ft. Wayne. Kokomo and Richmond, violated the blue sky laws of the State, it was charged in Evansville. Receiver Sims said that without the records he was unable to find any trace of such alleged evasion. R. L. Martin, president, said nothing. Ft. Wayne attorneys representing Mrs. Caroline Schmidt of that city were to confer today with Receiver Sims concerning a prior suit for receivership in Ft. Wayne. It was said that if they stood on their rights the receivership would have to be transferred to Circuit Court there. It is in Probate Court in Marion County. Marriage Licenses V. T. Kempir, 24 3004 W Tenth; Ethel Johnson, 20 3604 'V. Tenth. H. I. Vanaken. 25, Hotel Lincoln: Hazel Bolin. 24. 947 Pennsylvania. Chari,a Grizzle. 41 4400 W. Michigan; Mary Decker, 23. 4400 W. Michigan Robert Phillip# 29 036 YV. Thirty-First. Edith Cline 22. 1030 YV Thirty-First. Loren YValgh 29 049 Division; Euphemia Parsley, 22. 314 S, Webster A. D. Thrasher 41. 2002 W. Michigan: Mainrle Scognan. 28. 3507 YV Washington. YV B. Simpson. 21 1135 W. Ray; Stella Collin#. 18 1138 River. O E Robertson. 54. 2515 Station: Ada Tanyuey. 52, 2304 N. Gale. C 0. McDonald. 35. 2019 N. Alabama; Florence Stitt. 20. 3224 N. Capitol. J. E St-,*\vart 38 2640 YV. Washington: Edna McCullough. 23. 52 S. Holme#. E. C. Stratman. 57. 842 N. Gray: Mr*. Dora Beeker 55 1430 Linden. C. A. Miller 450 N Senate; Beulah Duff, 21. 514% Bird. Claud Baker, 34, 55 Jefferson; Hazel Henderson. 29 . 55 Jefferson. J. B. Foster, 34, 2137 Wheeler. Mildred Pott# 23. 1826 Commerce John Getere 33. 391 N. Belmont; Nora Berry, 18. 112 W. Court. L. E. Johnson. 38. 310 N Elder: Christena Edington, 35 1128 N Belle Vieu. M. L. Waugh, 20. St. Louis: Alblrtia Thomas. 25 1306 E. Pratt. Claude Bennett, 25. 1142 Prospect: Edith Babbitt. 21. 364 Beauty. J. YV Smith 13. 1201 W. Thirtieth; Mary Beadle. 21, 1813 Bellefontaine. Stephen Wood. Jr.. 22. 150 N. TaJt: Virginia Power#. Is and Volly Miller, 51, 510 N. Senate; Flo Brackney. 50. 510 N. Senate. A E. 3toekdale. 22 521 rl Walnut; Berio# Pickett. 18. 2022 Bellefoniain*. Births Boy# Paul and Helen Lowall. Methodist Hospital. Elmer and Clara Gill. 2731 Columbia. Thomas and Phillmine Sanders, Methodist Hospital. Bvrou and Helen Young. St. Vincent Hospital. John and Viola Green. 438 S Holmes. Curtis and Anna Steven#, 355 W. Fourteenth. William and Goldie Owen#, 1363 W. Udell, twin#. Georgo and YVhady Thomaa, 3718 Roosevelt. William and Freda Fye. 33 N. Dennr. Claude and Yiartha Leonard. 135 Spencer. Robert and Helen Murphy, 24 N. Liilwood. Girls William and Virginia Schumacher. St. Vincent Hospital. Owen and Ruby GUI. St. Vincent Hospital, i Des Jean and Mary Cyril. St. Vincent Hos- i pltal. Charles and Alice Wright. 604 N. California. Edward and Celia Monroe. 1116 W. Ohio. Claude and Thelma Handley. 010 Bright. George and Kettle Greenwalt, 2154 Wheeler. Arthur and Florence Schell. 2827 Cornell. Sterling and Mary Stivers. 1210 Gale. Everett and Wilma Brown. 1847 Draper. Deaths George Albert Huck, 63. 3668 Graceland, Bright s disease. Sophia Brinkman, 07. 1923 Gent, septic endocarditis Lannjs Horner, fl. 3140 Northwestern, hemiplegia. Charlotte Jones, 79. 114 E. North, uremia. William T. Dove. 71. 807 Warren, mitral stenosis. Evelyn Lewi#, 1. 531 Drake, broncho pneumonia Riley Dixon Atkingso. 85, 5003 N. Keystone, influenza. James Lynch. 8, 411 Oora, broncho pneumonia. Elizabeth Kuehn. 88. 1152 Dawson, broncho pneumonia.; Eddie TANARUS, Bush, 32. Deaconed# Hospital. Dearjness Hospital John Greene. 0 days. 435 S. Holmes, cere- : tral hemorrhage Mary Peterman. 80. Central Indiana Hoe- i pital, hypostatic pneumonia. Estelle Truitt, 41. Methodist Hospital, in- [ tegtinal obstruction. Edward Zell. 71. 128 N. East, cerebral apoplexy. Harvey Clemons 63. 907 Torbet, lobar; pneumonia. Jennie Perry, 45, 521 E. Thirteenth, chronic j myocarditis. Green Crawford. 68. 951 Camp, cerebral , hemorrhage. Alice Venetta Thom*#. 4 month#, 834 W. HUventh, bropcho pneumonia.

CHURCH 70 YEARS AGO Methodist Editors Tells Pastors of Pioneer Period. Methodist ministers of the city were told about the church in Indianapolis seventy years ago at the Roberts Park M. E. Church today. Dr. L. W. Munhall, Germantown, Pa., who organized churches here and throughout the State, was speaker. Dr. Munhall was a blacksmith before he enlisted with the Union Army during the Civil War. Then he became a dentist and spent much time in actiY'e church tvork. He is editor of the Eastern Advocate, published at Philadelphia. SUPREME COURT AGAIN HITS JAPS AS LANDOWNERS Declares Orientals Can Not Acquire Stock on Company Owning Land, Bu United Press WASHINGTON, Nov. 19.—The Supreme CtJurt today held that portion of the California alien land law which prohibits an ineligible alien from acquiring stock in a corporation owning land Yvas constitutional. This suit, brought by Raymond L. Frick and N. Satow, an American citizen and a Japanese subject residing in California, was one of a series to test the constitutionality of the California land act. The court also decided that a socalled "cropping contract” was a violation of the terms of the California alien land law, designed to prevent the acquisition of an interest in land by Orientals. The decision reversed the ruling of the district court.

TOO MUCH ORGANIZATIOM Christian Ministers Hear Talk on Sunday Schools. ”1 believe we can organize a Sunday school until there Is no life left in it," said Mrs. T. W. Grafton, wife of the Rev. T. W. Grafton, pastor of the Third Christian Church, at the meeting of the Christian Ministers’ Association in the Claypool today. R. J. Thompson, evangelist, holding meetings at MooresYllle. discussed the relation of the Ku-Klux Klan with churches. For thirty years, Miss Joseph Franklin, a Christian missionary in India has been traveling in ox carts ,nd on foot. In the future she will h.iY’e an automobile, the ReY'. G. F. Powers, head of Christian Yvork in Johnson County, reported to the association. Johnson County churches are raising a fund to buy her a car, he said. PARK BOARD ASKST AID Request for $18,500 From General Fund May Meet Opposition. The park board again will aek financial aid from the genera! city fund tonight when an ordinance seeking $18,500 for principal and interest on park bonds will be introduced In the city council. The council voted $6,500 to help the park department recently. Councilmen declared then that they would not come to the aid of the parK department for additional funds. The ordinance tonight is expected to encounter strong opposition. The money is asked to meet a debt falling due Jan. 1, 1924. State Printing Fund Sought George H. Healey, clerk of the State printing board, today requested an opinion from Attorney General U. S. Lesh as to the legality of paying some of the State’s printing bills, not otherwise proY'ided for, through the general printing appropriation. The printing board decided Saturday that several departments with printing appropriations entirely too small ihould receive the work at the expense of the general appropriation. Electric Rates Are Reduced Because of failure to provide satisfactory service, the Farmers Mutual Electric Light and Power Association of Sidney was ordered by the public service commission to reduce its rates 2 cents on each kilowatt hour. It was said the company had failed also to answer the commission’s correspondence.

.Office Furniture. ■ " Filim> Cabinet? mmm jl lb S. Penn. St. ; , .; flkiiii

WANTED Securities Salesmen Three of four men with A-l references to work in Indianapolis as the selling agents for the original common capital stock of the Rickenbacker Motor Company The wonderful progress and dividend record of this company will induce you to join us. Live leads resultant from newspaper campaign will be furnished. For full particulars write The Edward Miller Company 302 N. Michigan Ave., Chicago, Illinois.

SHANK IS OPPOSED TO 11,000 COST OF MENTAL WARD Mayor Leaves Decision on Hospital Ordinance to Controller. Mayor Shank today opposed expenditure of $300,000 for a psychopathic ward at the city- hospital as provided in an ordinance to be introduced by Councilman Walter Wise tonight. If Joseph L. Hogue, city controller recommends the ordinance for passage it will be against the mayor’s wishes. “A bond issue of $300,000 is too much money to spend for a psycho pathic Yvard,’’ said the mayor. “I would be for a. reasonable expenditure, but when it comes to taking the duty of the State and county and putting it. on Indianapolis, I am opposed to it.” The ward would house persons un der observation or awaiting commitment to insane hospitals. The mayor predicted that the ward would cost SIOO,OOO annually to maintain, and said he saw no urgent need for one of such size. “It costs the city $600,000 annually to support the city hospital,” said Shank. "We Yvould soon have this proposed ward filled with inmates when it is the duty of the State and county to take care of them. The mayor said he would favor j some accommodations for Insane pa/ tients, and deplored present conditions in the county jail, but said he believed the plan could be arranged without a $300,000 bond issue. Bus Measure Up Councilmen supporting the ordinance permitting double-decked busses to operate on city streets predicted passage of the measure with certain amendments to be offered tonight. A final vote on the ordinance may be postponed until the councilmen have had an opportunity to Inspect the bus system in Chicago. Mayor Shank has indicated he will veto the measure if passed. Street railway officials have said they will ask a tencent fare if the ordinance goes into effect. Amendments to be offered include raising the license fee for each bus from SSO to SIOO a year, and making the council directly responsible for the schedule and lines of the bus company. Controversy Over Auto Echoes of the council’s recent attack on the board of safety and police department for “enacting laws” are expected to respond when au ordinance ratifying a contract made by the board of safety for purchase of a Marmon car for police emergency use comes up. "I wouldn’t be surprised but what the councilmen could use that Marmon themselves,” said John King, president. King said the ordinance would be amended, giving the council control of the car. Appropriation ordinances for funds of Y-arious city departments to allow dfpartments to operate the rest of the year, are ready for introduction. “Oompah" Band N’ewer’thing An open-air meeting YYlth an “oom pah” band and everything Yvill be held at the corner of Delaware and Market Sts. at 8 p. m. Tuesday by the Booster Club, a Republican organization recently organized. Among those Invited are Mayor Shank and Elias W. Dulberger, candidates for Governor. The meeting is being engineered by John E. Edwards, president. Bank Receiver Asks $1,256.60 Judgment of $1,256.60 against Walter Love of Central, Harrison County, on a $1,116.45 note, was asked in a suit filed by William H. Flora, receiver of the Corydon National Bank, in Federal Court todajr.

Chicago, Milwaukee & St. Paul Past, Present and Future We have ready for distribution a comprehensive analysis of Chicago, Milwaukee and St. Paul, which should prove very valuable both to stockholders and investors. Supply limited. Write or call for copy of booklet. No obligation. (No Pi'omotlons) F.H. McNULTY & CO. Ground Floor 171 Quincy Street Phone Wabash 3147 Chicago New York Plttaburgh

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