Indianapolis Times, Volume 35, Number 163, Indianapolis, Marion County, 21 November 1923 — Page 11

WEDNESDAY, NOV. 21, 1923

STATEMENT MADE BT LIVERMORE IS BOONTOMARKET Rails Lead Advance on Prediction of Future Prosperity. INDUSTRIALS FOLLOW Oils Act Well and Tobaccos Surge Forward as Whole List Moves. The WALL STREET JOURNAL NEW YORK, Nov. 21.—Stocks derived considerable buoyancy in the early dealings today from the statement by Jesse L. Livermore that the investor in United States rail stocks would come into his own next year. Chesapeake & Ohio led the standard rails while strength also was shown In the low-priced group. Industrials were active at rising prices, with the oils the best acting group. Tobaccos also were in demand under influence of strength in Tobacco Products issues. First Hour Trading was diverted into the rails on a heavy scale through the first hour and additional ground was gained by many representative carrier groups under the lead of Reading which reached' anew high on the movements. Big Four was a feature, spurting 3 points to 106. On the heals of Mr. Livermore’s bullish expression on the rail outlook. George F. Baker predicted the prosperity would continue well Into next summer. Business news also was constructive generally buoyancy appeared in many sections of the industrial list. Twenty active industrial stocks on Tuesday averaged 91.26, off .09 per cent. Twenty active rails averaged 80.77, up .21 per cent. Local Bank Clearings Indianaoolis back clearings Wednesday were 53.345.000; bank debits were Sd,344.000^ New York Money Market By United Financial NEW YORK. Nov 21. —Time money quiet at 5U 6 per cent. Commercial paper market fairly active at 5 (a6 % per cent. Foreign Exchange Bit l nited,Financial y m YEW YORK Nov. 21 —Foreign exchange higher: St-rling. d-naud. 84.34% ; cables. M.’H'iC. Francs, demand. 5.39%c: cables. 6.40 c. Lire, demand 4.32%c: cables. >4.32 % B viaii. and . md. 4.85%c: cables. '4.d6c Marks. 10 tr, ! licn to the dollar. Ciecho. demand. 2.00 Me:, cable*. 2.91 He. Swiss, demand 17.38 c cables. 17 40c Guilders, demand 37.70 c; < able*. 37.73 c? Pesetas, demand 12.99 e: cabies 13 Ole. Sweden, demand 25.29 e . cables 2d 33e. Norway, demand 14.61 c: cables 14.65 c. Denmark, demand. 17.10*'; cables. 17.'23c. CURB OPERATIONS ARE CONSPICiOUSLY BROAD Bcattfered Recessions Fail to Check Forward Tendencies. By 1 nitni Financial NEW YORK, Nov. 21—Opening curb operations today were conspicuous for their broad character, practically all groups participating. There were some recessions here and there, but tho trend as a whole was even and inclined higher. United Profit Sharing, which anticipated the extra dividend of’2s per cent, payable in preferred stock, by moving up nearly a point on Tuesday was one of the most active issues in the list, opening at 7 and getting slightly above that figure on later sales. Park & Tilford ran up to an early high of 3% for a gain of a iMutual Oil led the smaller oils and sold to 10%, while Prairie Oil and Gas was strongest of the higher priced Issues, advancing 1% points to 196.

Produce Markets

~ INDIANAPOLIS, Nov. 21—Fresh erirloss off. 54c packing stock butter. 30e; springs over 2 lbs.. £ ov ' 4 T lbs : f* s’- 5 ’- IPc fowls, under lbs. 16o: Leghtom Doultrv. 25 per cent discount; cocks, lUc; voung tom turkeys. 12 up, 30c; young hen turkeys. 8 lbs. up. 30c: old tom turkeys 25c: ducks. 4 lbs. up. 18c: geese 10 lbs. up. 17c; young geese. 6 lbs. up. 16c; souabs 11 lbs. to the dot.. 55; young guineas. It, lbs. up. dot., *7; old guineas, dot.. *5: rabbits, drawn. No. 1. dot S3 Indianapolis creameries are paying o4c a pound for butterfat. CHICAGO. Nor' 2W—Butter— Receipts. 5 303; creamery ixtra. 52c standard*. 49C.C- firsts. 4446 l ic: sec<jnds. 4~ 4\4C. Egsrs—R - ipts. 1.730; ordinary firsts. 35*j42c: fir-t- 4SWS2e CheeseTwins 24c: Young Americas. 2o tie. Poultry—Be> vipts. 17 cars: fowls. 13® lbc; ducks 19c; geese. 17c; springs. liHc; turkeys 28c: roosters. 13c Potatoes—Receipt* 303 cars: Wisconsin round whites. 85e®Sl 10; Minnesota and North Dakota U. S. No. 1. B'-c®Sl: Red River Ohioa, 85c @sl: Idaho Russets, 51.90. , CLEVELAND. Nov. 21—Butter —Extra, in tubs. 56 tx iftSß'ie: prints one cent extra; firsts. 55 H®s7 %e. Eggs—Fresh gathered northern extras. 61c; Ohio firsts, 50c: western firsts, new cases. 53c. Poultry—Heavy fow's. 21 22c; medium f^wis, 19®22c: cocks 13® 14c: springers. 21® 32c: ducks. 18® 23c. Potatoes —Michigan roun 1 whites. 51.50® 1.80 per 150 pounds: Ohio. $1.75® 3.25 per 160 pounds. Tank Wagon Prices Gasoline prices quoted do not include State tax of 2c a gallon.) GASOLINE —Fjiergec. 12.2 c a radon: Purol. 12.2 c; Red Crown. 12.2 c: Target. 12.2 c: Si'ver Flash. 16c: Standolind aviation, 10.08 c. KEROSENE —Crystallre. 10.7 c; Moore Light, loc: Perfection. 10.75 c. NAPTHA —Lion Poyer cleaners. 25.1 c: V M 4 P.. 22.1 c: Standolind cleaner*, 22.1 c. } Cloverseed Market Local dea'ers are paying $7.50® 10 a' bushel for cloverseed. $9 LEIJ.XL NOTK I8 (( ontin tied from Proceeding Page.) NOTICE OF APPOINTMENT Notiee is hereby given that the underlined has duly Qualified as executrix of the estate of- Rose Rice, deaoesed late of Marion County. Indiana. Said estate is sup•posed to be solvent. No 21778 JOHN A. SHELLEY NOTICE OP APPOINTMENT. Notice is hereby given that the underlined has duly qualified as administrator of the estate of Rolls Knick. deceased, late of Marion County. Indiana. Said estate is supposed to be solvent. No 21783 SAMUEL B. TODD.

New York Stocks (By Thomson A McKinnon) —Nor. 21—

Railroads— Prev. High. Low. 12:45. close. Atchison ... 97 % 90 % 97 96 % B& O 69 % • 59 69 % 66 H C & O 75% 74% 74% 73% C A N W Rv 03% Oil 63% 60% Erie Ist pfd 28% 28% 28% 27% Gt North pfd 57% 57 67% 66% Lehigh Val. . 02-% 61 % 02 % 60 % Mo Pac pfd. . 29 % 28 % 29 % 28 % N Y Central. 102% 102% 102% 101% North Pac . . 55 % 53 % 54 % 53 % Pere Marq... 43 % 42 42 % 42 Pennsy 41% 41% 41% 41% Reading 79% 78% 79% 78% South Pac... 87% 87 % BT% 86% St Paul pfd. 20% 25% 20% 25% Union Pac . . 132 % 131 % 132 % 131 % Wabash pfd. 35% 34% 35 34% Robbers— Kelly-Spring. 27 % ... 26 % 27 % U 8 Rubber. 36% 36% 36 36% Equipments— , Amer Loco.. 74% 74% 74% 74 Baldw Loco .128% 127% 127% 127% Lima L0c0... 60 % ... 05 % 06 j Pullman ...124% ... 124% 124 Westh Elec.. 58% 58% 58% 58% Steel*— Bethlehem... 53 % 52 % 52 % 51 % Crucible 66 65% 65% 65% Gulf States.. 83% 83% 83% 82% Rep Iron & 9. 48 % 48 48 47% U S Steel... 94 % 93 % 94 % 94 Motors— Chandler Mo. 52% 52% 52% 52% Gen 'Motors . 14% 14% 14% 14 Max Mo “A" 53 60% 62% 51% Max Mo “B" 15% 14% 15 - 15% Stv-debaker ..104 103 104 103 Stromberg 83% 82% 83% 83% Stewart-W... 87 86 % 87 80 % Timken 37 ... 37 37 % Oils— Calif Petrol. . 22% 22% 22% 22% Cosden 28 % ... 27 % 27 %

GRAINS DECLINE IN EARLY TRADE Wheat Influenced by Foreign Markets —Corn Drops, By United Financial CHICAGO, Nov. 21. —Grains opened lower on the Chicago Board of Trade today. Wheat was influenced by weaker foreign markets and general bearish news emanating from Russia. Export business over-night was confined to Manitobas. Liverpool showed some strength at the opening, but at 2 o’clock was sharply lower with a marked falling off-in demand. Russia, Broomhall declared, has officially denied reports that it has no more grain to export. Heavy receipts which tended to bear out reports of increased country shipments, cool weather over the belt expected to expidite conditioning of newly harvested crops and liberal country offerings made for a weak corn opening. Receipts were the heaviest for many weeks. Oats opened steady. December showed a slight upturn, due to changing operations between cash and elevator and also buying by Canadians who had part of their hedges in this market. Strong hog markets and higher cables gave provisions a strong to higher ripening. Chicago Grain Table At 11:45—Nov 21 WHEAT— Prev. Open. High. Low. Close. close Dec.. 101% 102 1.01% 101% 1.02% 1 01 % May.. 107% 1.07% 1.07% 1.07% 1.08 1.07% Jluy.. 106% 1.06% 1.06 1.06% 1.06% 1.06 CORN— Dec 73% 73% .72% .72% .73% 73 .73% May.. .72% .72% .72 .72% .72% .72 % .72 % July .72% .72% -.72% .72% .72 % OATS— Dec... .43 % .42% .42% .42% .42% May. 44% .44% .44 44% .44 A4% July.. .43% .43% .43% .43% .43%

Grain Briefs

CHICAGO. Nov. 21—The Canadian governgnent estimates the amount of land seeded to wheat this fall at 100,000 acres less than last r ear. Australia will produce 124.000.000 bushels of wheat this year compared with 109000.000 bushaig last year. English milicrs must buy Canadian wheat to cover their requirements until Marca. 1924. after which tune Argentine. Australia and Indian wheal will be arriving In Europe. Broomhall says. Until laws of Illinois are changed farmers in that State cannot take full advantage of nc .. . . u.a i.\dus o ovid din th-* agricultural or edits act of 1923. according to Secretary Wansce. There should be a . „rther advance in wheat as short interest Is still quite extended, an expert deeiared Action of the wheat market suggests that there is more important buying than short covering going on. What the market lacks is a broad outside interest. Local Wagon Wheat Local mills antk elevators are paying $1 for No. 2 red wheat.

FOOTBALL FACTS By BILLY EVANS QUESTION There are eight players on the line of scrimmage. A player on the end of the ■tne runs behind the center In order to lead the interference. At the time of the passing of the ball by the center this player is only two yards behind the line of scrimmage Ho many men must there be on the line of scrimmage': How tar must a player be behind the line of scrimmage when the ball is put into play? Was the play legal? ANSWER Only seven men are necessary in the line of when the ball Is put Into play. That part of the play was perfectly proper. However, when a player is moving out of the line of scrimmage toward his own end line extended, he must at the time the ball is put into play be at least five yards back of the line of scrimmage. Since the player was only two yards back of the line of scrimmage at the instant the ball was put in play, he was illegally in motion. Hence the play was Illegal and the penalty is the loss of five yards from the spot where the ball was put Into play. Passing, Running, Kicking. ANN ARBOR, Mich., Nov. 21. Pass.ng. running and kicking featured the activities of the Wolver.nes Tuesday as Coach Yost whipped his squad in shape to meet the Gophers Saturday. • • Maroons AU Set By United Press § CHICAGO, Nov. 21. —C iaeh Stagg s varsity made the going hard for the yearlings, who used Wisconsin plays in a long scrimmage Tuesday. The Maroons are in top OMditijn for Saturday’s game.

Prev High Low Clone clone Marl and Oil.. 24% 24 24% 23% Pan-Am Pete. 60% 60 00% 63 Pan-A Pete B 58% 57% 68% 58 Pro. and Ref 19 ... 18% 18%. Pure Oil 17% ... 17 17 9td Oil of Cal 55% 55 55% 55 Std Oil of N J 33% .. . 33% 33% Sinclair .19% 19% 19% 10% Texas Cos 39% 38% 39% 39% MiningsGt. Nor. Ore. 31% 31% 31% 31% Int. Nickel... 11%. ... 11% n% Coppers— Am Smelting 59 58% 59 58% Anaoonda 38% 37% 38% 37% Kenneeott 34 % 34% 34% 34% Industrial a— Allied Chem.. 66 % ... 68 66 Am Can ...100% 99% 100 97% Am Woolen.. 72% 71% 72% 71% Coca Cola .73 ... 73 73 % Comp A T.. 81% 81 81 81 Cont. Can. .. . 50% 50% 50% 50% Fam. Players 84% 64 64% 64% Inter. Harv.. 78 77 77 % 76% Mont. A W.. 26 25% 25% 25% Owen Bottle. 43% 42% 43% 43 Sears-Roe. ..86 % I .. . . 80 86 % D. S. In. Al.. 62 60% 61% 60% l’Hii ties— Am Tel A T 123% 123% 123% 123 % Coil Gas .... 59 58 % 58 % 58 % People's Gas 90 95% 95% 95% Shipping— Am. Int. Corp 24% 24% 24% 24% In. M. M. pfd. 34 33% 33% 33% Foods—Am Sugar... 56% 50% 58% 57 Am Beet Sr 39% 38% 38% 38% Corn Prod.. 129% ... 129% 129% Cuba C S pfd 51 % 51 51 51 % Punta Alegre 53% 63% 53% 53 Tobaccos— Tob Prod (B) 60% 59% 60% 58%

Your Dollar ' Uncle Sam Tells Who *’ Gets It.

HETAL FURNITURE 2v\ /47 Cents \ ( ~ Labor \ j Cents X Mater- j / PVof it fie jl ialt /Overhead j Jrtc/ading // j amnuHr ,eas ■*- -us* r. couch, >•*,., 0,0. jT"TI ETAL furniture now is coming IfVIl t 0 re P Jac€ that built of wood, L J not oniy In the office, but in the home as well. The metal bedstead Is familiar In many homes. Manufacture of metal furniture was studied by the United States Government to determine costs and profits. According to the official Government findings, th*' manufacturer pays 47 cents of each dollar received by him for materials, mostly steel. His labor cost is 23 cents, leaving 30 cents for profit overhead expenses, including taxes. To cover a 10 per cent wage increase, the manufacturer must add to his selling price 2.3 cents on each dollar. An increase of 10 per cent in the cost of materials adds 4.7 cents to the selling price. NEXT—Typewriters.

Business News

NEW YORK. Nov. 21.—At a dinner given t® Jesse L. Livermore Tuegday night by a group of Wall Street friends. Mr Livermore predicted the investor in American railroad stocks next year would recover a considerable part of $3,000,000,00b lost in the last fifteen years. “The Department of Agriculture." Mr. Livermore said, recent'y estimated total at over 51.000.000.000 more than last year. Whether that estimate* become* a fact will depend largely on her* the incoming Congress deale with the railroads. Ciiamity hovers, both po.ltir.il and statistical, say because wheat is low e must lower railroad rates, destroy railroad credit, throw our busy workmen into idleness. This is one sure way to lower the price of wheat, com. cattle, cotton, wool and everything else the farmers have to sell. ‘ Agriculture, transportation and industry can prosper together, but not at each oth er’s expense. “I do nit believe that the common sense of the American people will staud for any such destructive program. "tVhi e demagogues attempt to be for the farmer and working man by vote-bribing attacks on the rai roads, ail rea'ize today more than ever before that good prices, good wages and proflij>*i busirv s . an noly "Xist when there is a'square deal for all. "Farming, railroading and industry ninSF up the brotherhood of American economists. For one to prosper they all must prosper.” Mr. Livermore continued: It has been very popular for several yi ars lor certain no iticians to lay the b’amc for the farmer's misfortune on poor railroad*. The railroad investor, like the wheat farmer, has had some eevere losses. The only difference is the wheat farmer has been losing for three years and the rail investor for fifteen , "Bears on stock market and professional tipster predict Congress will do sonv-thlng to the railroads. It seems to me on the other hand that Congress will do something lor the railroads. It will do the very filing that E. E. Harriman. the most far-sighted railroad leader, tried to do in the days when rail stocks were favorites Congress is going to rig tit things to induce the railroads to consolidate, therefore. I believe in 1924 thenwill be a restoration of confidence m United States railroads. ’’ NEW YORK—‘‘I tbink we will continued prosperity well into tho summer of the coming year." said George P. Baker, <l. airman of the First National Bank, returning on ,he Majestic. "I didn't pay much attention to European affairs, but times secni to be getting better over there and I think they will work themselves out all right. I ant strongly in favor cf Secretary Mellon's plan of a tax revision." FRANKFORT-ON-MAIN A commission of American farmer associations, headed by Gray-silver, has been visiting the German pot tsh organisation for the purpose of studying the possibility of delivering American wheat in exchange for German fertilizers The potash syndicate has intimated Its willingness to enter into such transactions. BOSTON—The Lancaster Mills of Clinton, which a month ago shut down 596 looms making check ginghams, have placed an addttional'62 1 looms, on this class of goods on a two-day a week basis, making about 50 tier cent of the company's machinery on a restricted basis. Everett Mills of Lawrence close tonight, to reonen Dec. 2. Plant has been on a three-day schedule every other week. About 2.100 iiersons are affected. RYAN MIXES ATTACK More Practice Given Badgers In Art of Forward Passing. By United Press MADISQN, Wis., Nov. 21.—The Badgers afe getting intensive drill on the forward pass attack, which critics have said is their chief weakness. Williams, Taft ana Harris scored by drives during scrimmage Tuesday, Coach Ryan is apparently convinced he must mix up the plunges with passing. In the Cotton Market By l nitecL Financial NEW YORK, Nov. 21.—Tho cotton market opened higher. December, 84.98 c, up--28: January. 34.46 c. up 18: March. 84.70a up 12; May. 34.78 c. up 5.

THE INDIANAPOLIS TIMES

PORKERS RESUME FORWARD MARCH Prices Generally Dime Fligher Despite Large Run, Nov. 250-300 lb*. 200-226 lbs. 150-180 lbs. 15. 7.10® 7.25 6 80® 7.10 6.60® 680 16. 6.90® 7.10 6.05® 685 6.50® 6.65 17 7.15® 7.35 0 90® 710 6.75® 090 19? 7.30® 7.50 7.00® 7.25 6.85® 7.00 20. 7.30® 7.50 7.00® *7.25 6.85® 7.00 21. 7.40@ 7,60 7.20® 7.40 7.00® 7.15 Hog prices resumed their advance !in trading at the local stock market today after halting Tuesday and wavering slightly. The resumption of the forward movement was given impetus by 'light receipts at other mar keting centers with resultant demand fqr outside account and the opening was at prices 10 to IB cents higher, but the market weakened after the initial buying spurt and prices settled down to a level that was generally regarded as a dime higher. Quotations toward the dost were only strong io 5 cents higher. The top for heavyweights was advanced to $7.60, or a dime higher, while lights sold upward from $7, compared with $6.85 on Tuesday, and mixed hogs sold between $7.20 and $7.40. The bulk of the day’s sales was made between $7.10 and $7.35. Both sows and pigs reflected the general advance by going a quarter higher, sows selling down from $6.50 and pigs down from $6.75. Altogether, 18,000 hogs were offered for sale, including 111 holdovers. Receipts aVe continuing heavy, but the supplies are being absorbed in excel lent fashion, precluding a glutting of the market that might ordinarily be expected, traders say. Sellers are pointing to increasing prices in face of this fact as indicating a better mar ket is to be expected. Trading in the cattle market was a lKtle more brisk than usual, due to j fairly heavy receipts of 1,000, among j which appeared some fa.rly good steers. Absence yf prime quality cat j tie from the market for some weeks has caused interest to drag and prices to. sag somewhat, hut buyers entered ; the yards early to place bids on the | stock. Due to a slackened demand and fair- j ly heavy rece pts of 800, pr.ces for ’ calves dropped 50 cents to $1 to a top ; of sll for choice veals, while the bulk pold from $10.50 to sll. The sheep and lamb market was j fairly act ve at steady quotations lambs selling down from $11.60 and sheep down from $6. Receipts, 300. —liars— Choioa llrhi* $ 7.00® 7.10 Light mixed 71'$ 7.2*> ! Medium mixed 7.30® 7 40 Heavyweight* 7.4.5® 7.00; Bulk of sales . 7.10® 7.35 Top 7 00 Pig, 8.25® 0.75 Packing sow* ... 600 ® 6.50 —Cattle— Few choice Bteers slo.oo® 11 00 Prime corn-fed steers. 1,000 to : 1 800 lbs 9 00® 9 ~0 Good to choice toers. 1.000 to I 1100 lbs 8.50® 9.00 | Good to choice steers. 1,000 to • i I 200 lbs 7.50® 8 00. Good to choice steers. 1.000 to 1.700 lbs ".00® 750 Common to medium steers, 800 to 1.000 lbs ...... . , 6.00® . .00 j —Cows and Heifers— Choice to light belters $ 9 00® 10 00 ; Go,® heavyweights 7.25® OHO] M*-dlura heifer* 0 00© 7.25 , Common cow* B OO 6 00 , Fair cows 0 00© *•*'o Cutter. 2.75$ 3 25 Canners .2o® j —Bull*— Fancy butcher bulls $ 6.00® 600 ■ Good to choice butcher bulls. 5.00® 5,;>0 Bologna bulls . . * • 4.50© 500 Choice veals Good veals 0 00© *2 92 l Medium veals ‘ 00© 900 Lightweight, veals 25 92 Common veals '-O'!® Z iIT! Common heavies 600® , 00 Top 1100 —Sheep and Lambs— Extra choice lambs $lO 00® 11 .>0 Heavy lambs Cull lambs 6.00© 700 Good to choice ewes A 4 00© <OO Culls 2.00® JOO *

Other Livestock CHICAGO, Nov. 21. —Hogs—Receipts, 27,000: market.* 10®20c up: top. 57.50: bulk. $680(87.30: heavyweight, $7.1007.50: me- ; dium. f7®7.45; light, $6.7007.20; light lights. $5 90® 6.95 heavy packing, smooth, !$6 7007; packing sows. rough. $6.25® ! 6 70: killing pig*. $5.25® 6.35., Cattle — Receipts. 11,000; market slow, few steer* and yearlings steady to weak with yesterdays extreme decline: yearlings getting best action: practically all grades heavy steers neglected: top yearlings, $11.75: some held higher: .best handy weight steers, $1150; few plainer grades, $7.60010 she-stock and bulls steady, slow : vealer calves steady to weak; packers buving at $8®8.2.> mostly, some at $8.50: Stockers and feeders strong; spots higher. Sheep— Receipts, 9 000: market glow; better grades lat iambs steady, strong; others anti sheep steady; most fat iambs $12012 40: top to city butchers, , $12.50 lew choice clipped lambs. $11.35; good feeding iambs, sl2 012.26; few 150pound ewes. $5.25. EAST BUFFALO, Nov 21.—Cattle—Receipts. 626; market, slow, steady: shipping steers. $9.50012: butcher grades. $7.75® 9.50; cows. $1.50® 6 . Calves—Receipts. 750; market, slow, steady: culls to choice. $3 50® 12 Sheep and lambs—Receipts. 2.600: market slow, lambs 25c_ up, sheep steady; choice lambs $l2O 12.75 etuis to choice. $7.50® 11.50: yearlings, s7® 10: sheep. S3O 7.50. Hogs—Receipts. 1.800; market, active pige 75c® $ UP. others 23 ® 50c higher: yorkers. $7.75: pigs. $7.50® 7 75: mixed, $7.75: heavies, $7.75 . roughs, S6O 6.25 stags. 84 0 4.30. KANSAS criw. Nov. 21.—Cattle—Receipts, 9.000; calves, 2,000; slow; quality •plain; practically no killing cattle sold; few sales fed cows. ss®o, and eanners. $1.75® 2; look around steady; bulls steady: calves weak to lower; Stockers and feeders dull. Hogs—Receipts, 16.000. few sales to shippers around 15c higher; $6.90 paid for 240>pound’butchers: few 176 to 185-pound averages, $6.65®6 75; holding choice mediums and heavies up to $7: packing sows mostly $6.26® 6.50. Sheep—Receipts. 2,000; lambs steady: Colorado*. $12.25: other natives and fed lots. sl2; odd lots of sheep steady. PITTSBURGH, Nov. 21.—Cattle—Receipts light; market steady: choice. $9: good. sß® 8.60; feir $606.85: veal calves, sl3® 13.25. Sheep and lambs—Receipts light, market steady: prime wethers, $7 5007.76; good, $7 0 7.25; fair mixed, $5,50® 6.50; lambs $9012 75. Hogs—Receipts, 35 don-tile-de ks; market higher; pvirna heavy. $7.60®7.65: mediums. $7.6007.65: heavy Yorkers, $7.0007.65; light Yorkers. $6.75® 7: pigs, $6.2506.75; rdughs, $5.7500.25; stag*. $3.5004. CINCINNATI. Nov. 21.—Cattle—Receipts. 600: market, steady, common slow; shippers, S7O 0.50. Calves —Market, weak, 50c to $1 lower; extras. s9.sof® I ltso. Hogs—Receipts, 6,200; market, steady: good or choice packers, $7.50. Sheep—Receipts, 450; market, steady extras. $4 05.50. Lambs— Market, steady: fair to good. $11.50® 12. Raw Sugar Market* Bv United Financial NEW YORK. Nov. 21.—The raw sugar market opened higher. December. 5.48® 5.500: January. 5.10 0 5.06 c; March, 4.48® 4.49 c; May. 4.50® 4.57 c. Local refiners bought between 5.000 and 6,000 tons Philippine December shipment and February early March arrivals at 6c delivered, equal to slightly under 4(4 c e. ands. for Cubas. British refiners have advanced refined sugar one shilling l for prompt shipment ahd six pence for delayed. Cuban-Amercian Sugar declared regular quarterly $1.75 preferred -dividend, payable Jan. 2. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift & Cos.: Rib*—No. 2. 30e? No. 8. 17c. Loins—No. 2,25 c; No. 3,18 c. Rounds — No. 2,20 c; No. 8,15 c; Chucks—No. 2, 13c; No. 3, 10a Plat**—No. B, 8c; No. 8, 7a

WOUND FATAL TO YONKERS MAYOR Executive Dies in Hospital Following Shooting, By United Press . YONKERS, N. ,I'., Nov. 21.—Mayor Walter M. Taussig died in St. Johns Riverside Hospital today < from a bullet wound. The mayor was found this morning near a garage back of his home. A revolver was in one of his hands, or close beside the body, according to first information obtained by police. Police were inclined to believe the wour%l was self-intiicted, but admitted they had not learned any reason why the ‘mayor should wish to kill himself. Taussig was found about 8:30 a. m., immediately after the shot was fired. He died an hour later. First reports tb police said Mrs. Taussig discovered the tragedy. She was at her husband's bedside when he died. Dr, J. T. Gorton, a close friend, was called and took Taussig to the hospital. Taussig, a Democrat, was defeated for re-election Nov. 6 by Ulrich Weisendanger. Republican. FAIRGROUND BARN WORK CORRECTED Board Oilers Reinforced Trusses on Girders, Reported faulty construction of the ho gbarn at the State fairground, against which certain members of the board of agriculture complained several days ago, has been relieved by the use of reinforcement trusses on the girders, members of the board sal dtoday. (I Several members said they did not ! believe the specifications originally called for trusses. Kopf and Wool ling are the hoard's architects. I. Newt Brown, secretary-treasurer of' the j board: Thomas N. Grant of Lowell, i William M. Jones of Fairmount and G. R. Kemper of Columbus, members of the board, all said the work of Kopf and Woolling bad been “highly j satisfactory.’’ Brown denied the charge that th** hoard is receiving no interest on its dally cash deposits at banks. “We are receiving 2 per cent on 1 the daily balances and on the time j deposits we are getting 3 and 4 per cent,” he said. “The board three ! weeks ago voted to require surety j bonds on al! bank deposits.” ; Marriage Licenses Anthony Gatan/.a. 29, 918 Cosdjrick: R<*c Brady 20. 717 Chadwick. A E Jacobs. 25. Thirty-Seventh and Orchard, Irene Hardin*. 22. 2824 E. Eighteenth A E Campbell 22. Cleveland. Ohio; Rud* Zimmerman. 28. 034 N. Capitol F.lmer Kas-r 21. 1912 W. Bt. Clair: Fern Thompson. 18, 1912 w St. Clair Ton, Preston. 23. 1214 E Twenty-Third; Levie Whitley. 23. 1214 E. St. Clair Oscar Smith. 21. 365 W Eleventh; Osie Brant,nt. 22. 2123 Highland. J l) !'arlbon*h. 31. Trenton Apt*.; Hilda Ludlow. 20. 241 N. Gray.

Births Boy* Paul and Zellma Burgett. Methodist Hospital. Cecil and Beulah Van Bepthusen, 35 N. Oxford. Roy and Mary Woods. 2920 Roosevelt. Joseph and Reva Graham. Deaconess Hospital. Charles and, Ida Thompson. 854 W. New York A bert and Naomi Badkorville, 834 W. Twenty Eighth. Bershe! and Katherine McAtee, 1549 Kelly John and Sadie Wright, 923 Pansy. Jessie and Mary Boggs. 2245 Parker. John and Frank Vaughn, 435 Sixteenth Place. Girls Jacob and Lorene Johnson. 831 Chase. Charles and Jane FJynn. 3131 Kenwood. Denver and Delight Hinton, 2719 N. Ethel. Richard and Germaine Painter, 3120 W. St. C'air. Chares and Queen Dehner. 613 LeUrande. Anthony and Lucy Delators 579 S. East. John and Eva Kelly, 7(h) Massachusetts. Loyd and Lobbiu Pinner, 1022 St. Peter Eugene and Susannah Monroe. 150(4 Douglas. Deaths Mary Andereon. 40, 461 Agnes, diabetes. Robert E Lott, 10 months, 451 N. Arsenal. inanition. Mary A, Cain. 73, 348 E. Oranfs. cerebral hemorrhage. Margaret Catherine Dalton, 38. St. Vincent's Hospital, lobar pneumonta. John M. Dunn. 62. 407 N. State, cardiac dll atation. Edith Wendell. 32. City Hospital, acute intestinal obetruetion. Annie B. Sample. 62, 1433 Roach, mitral insufficiency. Jacob Herman Kooigiian, 81, i960 Park a rt eri < i sc’ ero sis. Delilah Spray. 62. 2215 W. i Howard, chronic myocarditis. Infant Johnson. 4 hours, 831 Chaae. premature birth. John Frank Thomas, 69, 521 E. Vermont, chronic myocarditis. Frances Ballinger, 76. 3414 E. Tliirty-Seo-ond, mitral Insufficiency. Emma B. Ray, 43, Long Hospital, chronic myocarditis. Building Permits V. V. Smith, dwelling. 5545 Carrollton. $3,300. Bartley Ditto, garage, 2135 N. Hovey. $350. Harry H. Wetz. double. 3618 Salem, SB-700. T Henshaw, dwelling, 44 W. Forty-Sec-pnd, $10,500. George Fullen, garage, 805 Chester, $276. Joseph Sertell. remodel, ICO3 E. Maple road. SSOO George L. Stamper, dwelling. 736 Somerset, $2,000. I). S. Buchanan, dwelling. 2701 N. Chester. $2,000 J C. garage. 2919 Boulevard riaoe, S4OO W M. Miller, dwelling, 316 McKim. $1,400. Isaac Friedman, sign. 1429 S. Meridian, $250. Superior Iron and Braes Foundry, remodel, 700 S. Senate, SSOO. William Eubanks, remodel. 706 N. West. $3,700 Elza Schooley, dwelling, 3465 Graceiand, $2,600. Elza Schooley, dwelling. 3469 Graceiand, $2,600. Elza Schooley, dwelling, 217 W. ThirtyFifth. $2,200 Edward Butler, gan go, 1222 Sterling, S2OO. A. Porter, garage, 2318 N. Dearborn, $265. O. C. Young, repairs. 116 E. Twentieth, SSOO. John Rauch, garage. 3059 N. Illinois. $450. J. R. Johnson, furnace. 1940 N La Salle. $2,800. G. A. Petersdorf, garage. 3726 Fall Creek boulevard, SI,OOO. Martin Staub, garage, 3021 E. Tenth. S3OO. E. T. Wood, garage. 2:305 Parker, $250. W. Jennings, dwelliner, 1934 Flefleher, $3,000. i W. G. McNew. garage. 442 S. Rural, $3,000. L. C. Wooly, addition. 3415 S. TwentySlxth, 3850.

M’CRAY IS GRILLED

Additional interests: $121,650. Purchase of cattle: $180,500. Life insurance and personal ex penses: $90,000. Total: $3,144,118. This figure represents approximately McCray’s total indebtedness, including mortgages. Previous indebtedness figures have been exclusive of mortgages. James W. Noel, McCray’s attorney, turned his attention, during crossexamination of the Governor today, to an effort to show McCray’s principal occupation is that of a farmer. Farm Maps Introduced Noel introduced a map of the Orchard Lake Stock Farm, containing notes written in McCray’s handwriting, concerning the rotation of crops, the yield of crops and various other farm statistics. • t “To what extent was cropping directed and attended to by you?’’ Noel asked. “I always made plans for crops myself, after conferring with W. J. Hendry, my farm manager," the Governor replied. i “Did you watch the work?” “I always kept in close / touch with it.” McCray testified he had paid Hendry $5,000 a year until recently, when Hendry reduced his own salary. He testified that Hendry bought some of the farm supplies and he bought others. McCray said the bills usually came to him for payment. He testified that Hendry had the right to sign McCray’s name to checks. Ncvteon County Center Most of the attention of attorneys was devoted to the question of McCray's principal occupation. Ques tions brought out the enormous operation of the McCray 'properties in Nowton County “How much of the Orchard Lake farm Is in pasture?” he was asked. “About 390 acres.” “To what use Was the other part put?” ' “It was in crops. ’ “Wha#attention did you give to the rotation of crops?” “I gave that my personal attention.” “During a number of years you were a trustee of Purdue University?" “Yes, sir.” “What Vcars?” “I think from 1915 to 1319. I was chairman of the agriculture committee. 1 was in close touch with the agriculture department of the univer-

Experience Governor McCray said today he had never been on the witness stand before he took the stand In his bankruptcy heating last Thursday. Today was bis fourth day of testimony. “I am making up everything I may have lost by lack of previous court experience.” he said.

aity and applied the results of some of the university experiments to my faint” “You were a member of the board of agriculture before you were Governor?" / Was President of Board "Yes, sir. For seven or eight years I was president of the board for three years “What attention did you give to agriculture in the State?" nee I was 24 years old I have given my attention to agriculture." McCray testified 30,000 to 50,000 bushels of corn were produced on his Terms in Newton County this year. He said the farms also produced about 12,000 bushels of wheat and 23,000 bushels of oats. He described in detail the f.ouipment of the Newton County farms, listing Ivestock, fifty buildings, and farm 'implements of many kinds. At this point Sheridan told George Barnard, attorney for McCray, who was doing *he questioning, that he was going into too much detail. “It is apparent that McCray operated this farm either himself or through someone." he said. "It* is all tin effort to establish the fact he Is a farmer." Barnard said. Question Remains Sheridan then remarked that there Is no doubt McCray is a farmer, but tho question as to whether this is his principal occupation remains. Further questioning was directed to the Governor’s income from sources other than the farm and to the time he gave to other businesses. He indicated a comparatively small part of his time was given to business other than farming. "I always likened my business to a manufacturing concern,” McCray said. "I was the head of it and our business was to produce cattle. We sold them in every State in the Union and

High Spots Salient Polhts Developed at McCray Bankruptcy Hearing in Federal Court Today.

Testimony in the McCray bankruptcy hearing before Federal Referee Harry C. Sheridan today showed: • * • THAT McCray owes William P. Evans, Marlon County prosecutor and McCray's sun-in-iaw, $25,000. (' s' * * THAT McCray lost from $76,771 to $260,000 a year since 1921. •• • • THAT McCray contends he made personal plans and issued orders for crop rotation on his faTtns. • • THAT the question of bankruptcy apparently hinges upon whether cattle raising, which McCray admitted was the principal object of his farm operation, can b* considered strictly as farming, and fcsnce grounds for exempting him from bankruptcy. * * THAT the Governor's personal expenses since 1915 have been $90,000. • * * THAT .\JcCray got his start in the cattle raising business in 1903. or 1904 with five head. * * * THAT McCray said he lay awake nights planning improvements upon his farms and that v he "probably mede the mistake of making things too good.”

(Continued From Page 1)

n foreign countries. It took up 75 o 80 per cent of my time. I saw the arm in my visions. I lay awake at %ights planning improvements, new barns, the location of a driveway or ,i fence. I probably made the mistake of making -things too good. I was not satisfied unless everything was perfect. But it is Helping develop the country.” William P. Evans, Marion County prosecutor, and son-in-law of McCray, is a creditor of the Governor to the amount of $25,000 it became known today. The indebtedness was set out by McCray on the list of his liabilities filed Tuesday with Sheridan. McCray’s testimony Tuesday tended to show that his principal business was that of farming; that the greater part of money borrowed by him went into farming operations, and that he had suffered heavy financial losses in recent years through these operations. How Debts Increased Testimony of the Governor showed: That his personal indebtedness, exclusive of mortgages, increased from $205,000 in 1915 to $2,962,420 in 1923. That his race for the governship in 1916 and 1920 cost him about $66,000. That twenty persons contributed to the s3t>o,ooo pool to take up some of the Governor’s indebtedness in August. Individual subscr.ptions ranged from ss, Off) to $60,000, he said. That $56,000 worth of his personal checks were carried as “cash items” for a time by the D scount and Deposit State Bank of Kentland, of which he was president, and that this practically amounted to an overdraft. That the bank held his notes and ; ther indebtedness to the amount of 7 8,000.

GERMAN SPY IS GIVENJFREEDONI Leon Witzke Will Be Immediately Deported. By United Press , LEAVENWORTH. Kan., Nov. 21. Leon Witzke, sentenced to death as a German spy during the war, was released from Federal Prison today. His sentence was commute! to life by President Wilson and his pardon was announced by Secretary' of War Weeks. Witzke was accused of having obtained information at a military encampment near Nogales, Ariz., regarding movements of American troops, with the intention of forwarding it to Germany. Warden W. I. Biddle said Witzke had been a “good prisoner.” Representatives of the German government met him at the prison gates and will accompany him to see that he is immediately' deported, as provided In the pardon.

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I BUY AND SELL

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LIBERTY BONDS 415 LEMCKE BUILDING

PRICE ON TURKEYS DROPS 10 CENTS Slump Reported by Produce Dealers, The high cost of living’has been dealt another blow. Reports from Indianapolis produce companies today bore the news of a reduction of turkey pricefe effective immediately. The price offered is three cents below Monday's quotations. indicating that receipts are either increasing or the demand slumping. Tom and hen turkeys are now worth 30 cents a pound wholesale, while old Mr. Gobbler can only command ft cents a pound. The retail price of turkey mean while has fallen from 55 cents a pound to today’s quotation of 45 cents. THIRTEEN ENTER SMOKEJOB QUIZ Applicants for inspectorship Are Examined, Although thiriy application blanks were issued, only thirteen men today took the examination for assistant ch;e£.smoke inspector at city,hall. The examination included fortyfour questions covering every phase of the smoke problem. The technical advisory committee headed by T. N. Wynne, chairman, said the men making the best rank on the examination would be examined orally before final choice would be made next Monday. The position pay? $3,000 a year. Those taking the exam nat.on were: H. F. Templeton L. O. Darnell, W. R. Campbell, E. R. Colbert, B. W. Heaton, R. C. Lowell. W. F. Hurd, G. M. Chandler, H. F. J. F. Shreffler, C. C. Yarbrough D. S. Miller and D. H. Grieb. In the United States District Court for the Northern District of Ohio, Western Division. In the matter of The Puritan Dairy Cos. Bankrupt Trustees Sa'e Pursuant to a former order of the United States District Court, I, Royal B. Binzer, Trustee in Bankruptcy, will offer for public sale on the premises, | located at 1810 N. 12th St., in the City of Toledo, Lucas County, Ohio, the personal property belonging to said estate, con listing of: Machinery, cooling system, pasteurizing outfit, motors, ice cream freezers, one 5son ice machine, 5-ton condenser, bottling outfit, bottles and other equipment and. accessories, also motor trucks, cabinets and wagons. Said sale to take place Tuesday, November 27th, 1923, at 2:30 p. m. Terms of sale will be cash and subject to the confirmation of the court. Said estate appraises approximately £9400. ROYAL B. BINZER Trustee In Bankruptcy. 1141 Nicholas Bldg. Toledo, Ohio. Adams 884—MAin 1669

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Newton Todd