Indianapolis Times, Volume 35, Number 169, Indianapolis, Marion County, 28 November 1923 — Page 11
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GOOD DEMAND FOR INDUSTRIALS IS BOON TO MARKET Early Irregularity Overcome by Strength in Individual Issues. RAILS JOIN ADVANCE * Steel, Baldwin and Mack Trucks Point Way for General List. The WALL STREET JOURNAL NEW YORK. Nov. 28.—Trading in the early dealings on the stock ex- j change today had virtually the same characteristics as marked Tuesday’s '< session Heavy selling continued in j stocks like Davison Chemical and j Maxwell issues whose erratic fiuctua- \ tions had proved so disturbing the previous day. On the other hand, marked strength was displayed by Steel common which opened at 95%, ' selling without the regular dividend end the extra of 25c. This price was 1 the equivalent of the best figure the : stock had attained on the current upsw&g. First Hour Less irregularity was in ev dence toward the end of the first hour and the forward movement was resumed in several sections of the l.st. Low pr ced ra.ls showed spec.al strength under the lead of the Eries, wh le industrials were strengthened by special demand for issues like Mack Trucks. Baldwin and Steel. American Can displayed a better tone, rally ng from the pressure to which it was subjected by traders who had entertained ' the not.on that some action would be taken regarding an extra d.v.dend on the common stock at Tuesiiay's meeting. „ Second Hour A heavy pressure on the main body of stocks around noon failed to precipitate a general decline and the market continued to act well while selling was being absorbed in stocks like Dupont, Pullman and Baldwin and other recent favorites. Specula-* tive sentiment was encouraged by the splendid action of the rails and by the plentiful supply of call money which forced the rate down to 4% per cent when it was found that 4!T> per cent when it was found that 4% Non Hour Maxwell issues held fairly fell lr noon dealings in view of the general . belief that Studebaker's negotiations r for acquisition of the company had been suspended. The Street is wondering whether the interests which bought into the company with the object of control are letting go or adding to their holdings. It is claimed that the majority of the capitalization is In the Street and the control in open market could be obtained at a price. At any rate, constructive interests were pleased with the saner movements in Davison and MaxwelL Fourth Hour * Prices moved in a narrow range in the main body of stocks through the early afternoon. Speculative attention was mostly devoted to special movements in special groups. Stromberg spurted to 88 against an early low of 80%. reflecting the increase in the regular dividend rate from $6 to $8 annually and the declaration of an extra payment of $1.50. Jones Ten dropped bac kto 26% after reaching 28%. This decline re fleeted the company’s unfavorable earning position and poor dividend prospects. Twenty active industrial stocks on Tuesday avCraged 92.61. off .27 per cent. Twenty active rails averaged 81.48, off .04 per cent. Local Bank Clearings Indianapolis bank clearings Wednesday .’!•<> 3- 714 000: bank and oits were $5,597.000 New York Money Market fe Bu i nltc! Fin ncial J NEW V RK Nov 'IS —Time money mar ’ ket quiet at 5fi5% p r cent. Commercial paper prime names 5 per cent: other names. 5 % per cent The bulk of the business moved at 5 per cent.
Produce Markets
INDIANAPOLIS, Nov 28—Fresh etrgs loss off 50c: pack in? stock butter. 28e: springs, over 2 lbs.. 17c: fowls. 4% lbs. up. 19c: fowls under 4lbs. 10e Leghorn poultry 25 per cent discount) cocks. 10c: young tom turkeys 12 lb up 30c: young hen turkeys. 8 tbs up 30c: old tom turkeys. 25c: ducks 4 lbs. up 17c: geese, 10 tbs up 17c: young geese 8 lbs. up 15c: squabs. 11 tbs to the dor. So young Suineas 1% lbs. to doz $7 old guineas, oz., S5: rabbits drawn. No. 1 doz.. $3. CHICAGO. Nov. 28. —Butter —Receipts. 8.102: creamery extra. 51c: standards, 48%c: flr=ts 41®46%e: seconds. 41 % @ 42% a F.rgs—Receipts, 3.981; ordinary firsts. 35® 40c: firsts. 44® 47a Cheese — TVin*. 24-: young Americans, 26® 20% aPoultry—Receipts. 6 car*; fow's. 13#20o: ducks. 19o: geese. I8c; springs, 19c: turkey?- 25c; roosters. 12%c. Potatoes—Re oeints, 393 ears. Quotations. Wisconsin round white*. 90e®1.20: Minnesota and North Dakota U S No. 1. 85c@$l: Red River Ohio*. 90c® $1.05: Idaho n*als, $1.30® 1.35: russets. $1.85® 2. CLEVELAND. Nov. 28.—Butter—Extra in tubs, 55® 57c: prints lc extra; first*. 64® 56c. Eg--*—Frenh gathered northern extras 02c: Ohio Ar t*. 58e: western first*, new case*. 63c. Pou try—Heavy fow's, 21 ® 23c: cocks. 14® 15c springer-, 32® 23c: ducks. 22® "3c; turkey*. 36@38c. Potatoes —Michigan round whites. $1 50 ® 1 "5 per 150 lbs.: Ohioe. $1.75®2 per 150 lbs. NEW YORK. Nov. 28.—F’our—DuT unchanged I’ork—Steady: me-i. 525 50@26. Lard —Weaker: Mid West Spot $13.35® 13 45 Sugar—Raw quiet 7.78 c; refined quiet: granulated. 9 10® 9.25 c. Coffee— Rto spot. 10% crtlc: Santos No. 4. 14% ® IISHc. Ta'low—Dull spertal to extra. 7% ®Be. Hay—Wea: No 1. $1.45: No. 3. $1 20®1 25. $1.15®1.40 Dressed poultry —rnsett’ed: turk-y* 20®45c: chickens. 18 ©42c: fowls. 15 6 30c: ducks. Long Island, lrO®2sc. Lire pou'trv—lrregular: feese. 20®22c; ducks 14@30c: fowls. 19©26c: turkey*. 32 6 35c: ron -ter*. 15c: chi-kces. 24 6 32c: brokers. 28®35c. Cheese—Weak: State whole mi’k common to special. 22® 27 %c: State skims, choice to specials. 10 ® 19c: lower grades. [email protected]. Butter— Firmer: recei its. 11.034: creamery extra. 6Sc; special tiarket. 63%@54c: Danish. 51 ®s2c: Argertine. 40®43%c; Canada 48® 50 %c: State dairy tub*. 40®52%c. Eggs— Steady receipts. 9 842: nearby white*, fancy. 77® 78c: nearby Sttae whites. 48 6 78c: fre*h firsts to extra*. 40® 0Oc; Pacific coast. 34® 73c: western whites. 48@78e: nearby, browns. 62 ©73c: extras, firsts. 48© 62c: seconds. 30®47c, Pacific eoMt, first* to extra*, Cl®73
New York Stocks (By rbomson tk McKinnon) —Not. 28—
Railroads— 12:45 Prev. High. Low. p. m. close. Atchison 08 ... 97 % 97 % B & 0 68% 58% 68% 58% C & 0 71% 71 71% 71% C & N Y Ry. 63 ... 02 % 62 C. R * P.. 24% 23% 24 24% Erie Ist pfd. 28% 28% 28% 28 Gt. Nor. pfd. 68% 68% 58% 58% N Y Central. 104% 103% 104 104% Nor. Padfio.. 54% ... 63% 54% P Marquette.. 42 41% 41% 42% Reading: 79% 78% 78% 79 Sou Railway. 30 % ... 36 % 30 % Sou Pacific.. 89% 89% 89% 89% St Paul pld 25% 25% 25% 25% U Pacific 133% 133 133% 133 Wabash pfd.. 34% 34 34 % 34% Rubbers— Xeliy-Spr 30% ... 30 30% TJ S Rubber .38 ... 37 % 88 Equipments— Am Locomo.. 73% ... 73% 74 Badwin L0c.128% 127% 127% 128% Gen Electric. 181 % ... 181 181 , Lima Locomo 65 ... 04 % 06 % Pullman ....122% ... 122% 123 Westi.igh El. 58% ... 68% 59 Steels— Bethehehm.. 54% 63% 63% 54% Crucible ... 00% ... 05% 66% Gulf States 83% 81 81% 83% Rep I and S 49 % .. 49 % 50 C 9 Steel... 95% 94% 94% 90% Motors— Chand Mot.. 63% ... 52% 63% Gen Motors.. 14% ... 14 14 Max Mot A.. 50% 47% 48% 49% Max Mot 8.. 13% 12% 13% 14% Studebaker .103% 102% 102% 103 Stromberg... 85 % 80 % $4 % 84 3tew-Warner. 87% 86% 87 87% Timken 37% ... 37% 37% Oils— Cal Petrol... 22% ... 22% 23 Cosden 30 29% 29% 80% Marland Oil. . 26% ... 25% 26% Pan-Am Pete. 61% 00% 61% 61%
GRAINS DISPLAY EASYUNDERTONE Wheat Affected by Liverpool and Argentine Weakness, Bu United Financial CHICAGO, Nov. 28. —Grain prices showed an ea-sier undertone at the opening of the Chicago Board of Trade today. Lower Liverpool cables and a sharp break in the Argentine market Tuesday affected trading in wheat. Liverpool reported liberal offerings with few takers on hand. A break of 2 % to 4 cents on the Argentine was based on a slow foreign demand with larger supplies of old stocks on hand. Receipts were somewhat lower. Although opening unchanged, com showed a firm undertone. Selling, due to weakness in wheat and some profittaking over the holiday, set in later. Oats showed individual strength. Selling later caused some weakness. Better hogs and higher cables gave provisions a slightly higher basis at the opening. Chicago Grain Table —Not. 28— WHEAT— Prer. Opn. Htfh Low. 11:45. c'nse. Dee. .102% 1.02% 1.02% 102% 103 102% 1.02% May .1.08% I.CS% 1.08% 1.08% 1.08% 1.08 H 1 08 % ’u'y .1.00% 1.06% 1.06% 1.06% 1.06% CORN— Dec. . 73% .73% .72% .72% .73% 73% .73% May . 74% .74% .73% .73% .74% .74 % .74 % •u'y . .75 .75% .74% .74% .75 .74% OATS— Dec. . .43% .43% .43 .43 43% .43 % May . .45% .45% .45 .45 .45% .45 % .45 % July . .43% .43% .43% .43% .43% CHICAGO. Nov. 28.—Primary receipt*: Wheat. 884.000 against 2.329.000: com. 1,408.000 against 909.000; oats. 489.000 gainst 781.000. Shipment*: Wheat. 1.192.000 against 1.829.000; com 013.000 acainst 808.000; oats. 072.000 against 952.000. CHICAGO. Not 28—Car lot receipts: Wheat. 17; corn, 205; oats. 58: rye. 4.
Grain Briefs
CHICAGO. >. 'IS—A'l Chicago m rkets wi’l remain closed in observance of Thanksgiving. Farmer* in the Northwest hare practically tonp*<l se 'inr com at the present prices and many feeders are now operating tndependAit'y. "The nw wheat crop has paed the critics tape in the lrrge producing areas of Argentina and the larger crop previously rstim ted is now practically assured.”— broomhail. Were it not for the 'ack of speeu'ativo demand, oats would have a lair advance under the present conditions. December corn is now at a level at which eiuntry operators can more clearly base their purchasing prices. The wor’ds beari h wheat situation does not seem to have the effect on domestic prices that the short traders have conii dently predicted. Local Wagon Wheat Local mills and elevators are paying 98c for No. 2 red wheat. Foreign Exchange Hu United Financial NEW YCRK. Nov. 28.—Foreign exchange opened lower. Storing, demand. $4.36%: cable*. $4.36%. Franca, demand. 5.35 %e: cables. 53814 c. Lire, demand. 431 %c; cah>i, 4.32 c. Belgian. demand. 4.61 %c; cables. 4.02 c Marks, 8.800.000,000 000 to the dollar. Cz.-cho. demand, 2.92 %c; cables. 2.92 c. Swiss, demand. 17 50c: cables. 17.57 c. Guiders. demand. "8.03; cah'es. 35.06a Pesetas, dem. nd. 12.i8c; cables. 13c. Sweden, demand. 28.21 c; erb'es, '6 25e. Norway, demand. 14 81c; cables, 14.85 c. Denmark, demand. 17.74 c: cables, 17.78 c. Tank Wagon Prices (Gasolnie prices quoted do not Include State tax of 2e a goilou.) GASOLINE —Energee. 12.2 e a gallon: Purol. 12.2 c: Red Crown. 12 2c: Target. 12 2c: Silver Flash. 16c: Standolind aviation. 10.08 c. KEROSENE —Crystalinh, 10.75 c; Moore Light. 15c; Perfection. 10.75 c. NAPTHA—Lion. Poyer cleaners. 25.1 c: V M. ft P., 22.1 c Standolind cleaners, 22.1 c. - Raw Sugar Market Hu United Financial NEW YORK. Nov. 28.—Raw sugar market opened lower: December. 5.75 c bid: .T&nuary, 5.33415.34 c: March. 4 594£4.60c. Arbuokle Bros purchased 1,000 bags of Suirnams in port at 5 9-16 co. 1. f. In the Cotton Market Bu United Financial NEW YORK. Nov. 28—Cotton market opened higher: December 36.40 c. up 35 points; January 35.85 c, up 35 points; March 36.00 c, up 30 points; May 30.10 c, up 20 points. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift & Cos.: Ribs—No. 2 30c: No. 3.17 c. Loins—No. 2. 25c: No. 318 c. , Rounds— No 2,20 c: No 3.15 c. Chucks—No. 2, 13c; No. 3.10 c. Plate#—No. *. Sc: No. 3. 7a £ Cloverseed Market Local dealers are paging 10 ft bushel lor cloverseed. m
12:45 Prev. High. Low. p. m. close. Pan-A Pete B 58 % 67% 68% 68% Pro and Ref 23% 22% 23% 23! Pure Oil ... 20% ... 20 20% St Oil of Cal 55% ... 55% 66 St Oil of N J 35 ... 35 35 % Sinclair 22% ... 20 22% Texas Cos ... 41% 41% 41% 40% Minings— Gt Nor Ore.. 32% 32 82% 32 Int Nickel... 12 12% 12 12% Coppers— Aruer Smelt.. 58% ... 68% 69 Anaconda ... 38 % 38 % 88 % 38 % Kenneeott ... 35 % 34 % 35 35 % Industrials— Allied Chem. 67% ... 67% 67% ! American C. .101 100% 100% 101% Am Woolen.. 72% ... 72 73% Coca-C0.a.... 74 % ... 74 74 % Cent- Can.... 60% 60% 60% Davison Chem 71 68 70 69 Kam Players. 05 ... 03% 65 a Gen Asphalt. 32% ... 32% 32% ”lnt. Harvester 77 ... 77 77% Mont Ward.. 25% 24% 24% 24% Bear-R buck. 85% ... 85 85% CSC Iron P 56 % 53 % 64 % 66 % iD S Ind Alco 62 % ... 61 % 02 % j Utilities—iAm T and T. 125 124% 124% 124% | Consoli Gas. .00 ... 59 % • 60 Columbia Gas 32% 32% 32% 32% j Shipping—lAm Int Corp. 23% ... ‘ 22% 23% | Int M M pfd. 32% ... 31% 33 foods—|Am Sugar... 57% ... 67% 68% lAm B Sugar 41 ... 41 41 % 'rod. .13!% 131% 132 13 J % C C Sug pfd. 54 51% 62% 54% i Cub-A Sugar. 31% 30% 31% 31% : Punta Alegre. 53 % 53 % 53 % 64 % i Tobacoos — : (m Sumatra.. 19 18% 18% ... ( Tob Prod B. . 03% 02% 63 Vi 03%
CURB INDUSTRIALS ARE FIRM IN EARLY TRADE Oils. However, Display Tendency to Recede—K res go Features. Bu United Financial NEW YORK. Nov. 28—The curb market opened Irregular today. The oils continued to recede. The firm spotfe were mpstly among the industrials. Kresge Department Stores established anew record high at 38. Dunhill International, Inc., opened fractionally higher at 28%. Production of crude oil decreased in October for the first time since Aug uat, 1922, averaging 2.118,613 barrels a day or 26,454 daily less than In Sep tember. The net decrease occurred de spite the continued flush production in Powell Field resulting in an increase of more than 70,000 barrels daily. Admitted to trading: Pan-American Petroleum and Transport Company, California division. first mortgages 6% per cent sinking fund gold bonds due Nov. 15. 193' when as .and if is sued. They opened at 98. Kellogg Company “A” Delaware Corporation. 360,000 authorized shares common stock no par value and 18.000 authorized shares 7 per cent cumulative preferred stock, par value SIOO.
Bus : ness News
Washington Nov. 28—Federal Reserve Hoard in Us summary <>f B-neral business and financial conditions throughout tne country finds that basic imiustn s increased production 3 p*r cert in October aft**r four months of decline While the increase as due in part to resumption of ant braille . coal mining: it wai also a reflection of gu-eater actlvitv in textiles. lumber Boa | sugar and most other industries Inch id M in th* index. Einp’ovment shows praetica.iy j no change from September. i Contract awards for new building* , thro"shout the eovntrv wore 25 per cent j >ar?er in October than September This increase is more than seasonal Residential prods formed a lamer proportion of the total 'ban in any earli-r mont h of **F/*S r J Railroad shipments for October were the I , anrf*st for any month on record .is result oi j the heavy movement of merchandise live- ; stock, etc. Department store i*'™ >•> per cent larger than they were in October a v-ear ago while sale trade was 12 per cent larr-r than a year a-.-o while sa'es by mat order ho ses were largest of any month ; WhnieVaie prices decline" less than 1 per cent in October seco <ii-* to the Indrx oT the bnreao of abor sta'is'les and stood approximately at the level of a year ajfo. Indianapolis Stocks Not. b)(1 Ask. Amerl-nn Centra' Life ...••• American Creosnttne Cos., pfd. 97% ... ne t R'i’wsy common 7" <o Be’t Rat'way preferred 62% century Bui’dlmr Cos . pfd.... 98 . ■ • rifles Service 195% 13£% •Nttes nervine preferred Citizens One Cos. common 27 _ 1 HtUcoH Gas Cos. pfd 9 f) % I Indiana Hotel common 190 | Tn-'i -na Hotel preferred 100 I Indiana National Life ..... 8 ’inti I Indiana iNne'ine preferred.... 85% 87 r odtcna Ttt’e Guaranty Cos. ... 70 . . . | Indianapo'is Abattoir pfd... .. 50 redtnnaoo’ia Gas 49% v3% ; Indp’s & Northwestern n'<l. . . tnVi A Southeastern pfd.. .. 1 IndlnnapoMa t~ RaVwnv .. 63 •edteoaoo'ls Te’enbone com.. 1 ... Tndianapo'ls Te'enhone pfd.. 90 ... i Merchants Pub Util Cos pfd. 82 .. . vticna' ’dotor Car Cos 1 i r’ub'to Sarin** In* Cos 12 ... ' o.. -.lb Vertt'izev pfd 60 • . . I tini.dn.rd c,' of Indiana..... 58 00 st.er’ln* Fire Insurance Cos. . . P .. • Vati'e, I A F com... 1% 6 Term Haute. T. * F, pfd... .. I 5 i Ts-e Haute Tra- and Lirnt. 81 ... ; T’nion Tear of jnd eemm'-n.. . I I-.lion T-ac of Tnd I*t pfd.. 12 22 I Union Tra'' of Ind 2d nfd. . 4% 7% ■ Van Camp Prod I°t pfd Van Camp Prod "and nfd 100 Vsnda’ln Go*, eemmon 1 Vanda’la Coal Cos pfd. ..... 7 12 Wabnah Ra.i’wav Cos. mm.... 9% 11 Wabash Railway Cos nfd.... 33% 35 Bonds pett R Sfkvda 4s 80 . . . ; crawl R'rvo’e 5. 00 ei'lnmi Gas 5s 85% 88 'Citizens G,a. 7s 99% 103 5 mtireps St’-eet R-i’road ss. . 80 84 ’ T ndiana Co.ro and Ga* oa. . . . 89 92 : Indiana Hote' 5s 99% ... Indiana Hole’ Cos 2d 0s 99% 101 i Tndiana Northern 5* ... ! j Indiana Rv and Liedtt 5a... 89% 94% j Tndiana Union Trae 5* 28 1 Tndn’s Abattoir Cos. 7%5. .. 99 102 Tndn I *.. Coi. Xr. Southern os. . 96 100 Tndianaoo'is Gae ss. 84% 80% . Tndn’s Ltvht and Heat ss. ... 94 95 Tndn’s A Mtrtinwd'le 5s 00 j Tndp's Northern 5s 45 49 Tndn's It Northwestern ss. ... 43 48 Indp's It Southeastern 5s 40 | Tndn's. Sbe'byvi'V & 8. E. 5s . . 50 Tndn's Street, Rai'wav 4s. ... 03 00 Tndn’s T-ie and T-mi 65.... B’>% 88 Indp’s Union Rv 5s 95% ... Tndn’s Union Rv 4%s 95 Tndianaoo'is Water 4 '*>s 95 87 indi-nar.o’i Water 51s. ... 93% 06 j 9nvthm Indiana Powpr os. .105 ... f Haute. Tndn's It East ss. ! 04 00 Union True of Indiana os. ... 03 68 Sales wano Third Liber-tv 4'4 e at 99 20 $2,000 Second Liberty 4%s at 98.00 Two Women In lured Miss Merle Bray, 22, and M.-s. Addle Fisber. riding in a car driven by Ray mond Stout, all of Hazelwood, Ind.. were cut bruised about the body early today when their car collided with another one near Ben Davis. The name of the other driver was not learned. The victims were taken to the Deaconess Hospital. Lillian and Doro’liy Sail Away Lillian and Dorothy Gish bade farewell to their American friends over the radio Monday night. They are sailing for Italy 60 begin work on “Romola,” George Eliot’ 1 novel in which Lfilian Gißh will play "Romola” and Dorothy Gish, “Tossa.”
lliiig UN jDIAiN Air'UJuliS XliVLi^
PRICES FOR HOGS REBOUND SIRPLY Advance of 25 to 35 Cents Marks Pre-Holiday Trade. Nov. 250-300 lbs. 200-225 lbs. , 150-180 lbs. 22. 7.25® 7.40 7.10@ 7.25 7.00® 7.10 23. 7.00® 7.15 6.85® 7.00 .0,75® 085 24 7.00® 7.25 6 85® 7.00 6.75® 0.85 20. 7 00® 7.15 0.60® 0.05 0 65® 0.75 27. 0.75® 7.00 6,00® ft. 75 0.50® 6.00 28. 7.10® .25 0.90® 7.10 6.75® 6.00 Hog piic-is went sharply higher in trading at the local livestock marKet today as a result of an abnormal demand for outside account and fairly light receipts of 10,500. The advance was generally 26 to 35 cents on all good hogs, carrying the top for selected heavies to $7.25, compared j with $7 on Tuesday, while light- j weights sold upward from $6.75, as ; against $6.50 on Tuesday. Medium , and mixed hogs moved in a range j of $6.80 to $7.10 and the bulk sold : from $6.75 to $7. Both sows end pigs were generally a quarter higher, pigs selling down from $6.50 and j sows down from $6.25. Shippers were the most active they have been for many weeks and early bidding was of a spirited nature and more than half the supply of hogs was taken by them before the end of the first half hour of trading. Local killers hesitated to enter the market at the advance and as a result were obliged to take what wan left at the general advance. Approach of the Thanksgiving holiday found no reflection in , declines in prices or slump in de- j mand. _ | Prices in the cattle market were very encouraging to the selling side as a result of an excellent demand for shipping account and the generally improved feeling in the trade. Despite the fact that few prime cattle were In the y trds, trading was active 1 and prices slightly higher. Receipts, i 500. A strong Eastern demand caused prices of veals to go generally a half dollar to $1 higher to a top of $12.50 ; while the bulk sold from $11.50 to sl2. Receipts, 300. lamb prices were strong to 60 cents I higher at a top of $12.50 while sheep were steady at $6 down. -—Ho**— 9boioe Unfit* 8 6 75® 0 80 Liehl mixed 6.85® 6 00 , V tab urn mixed ............ 0.90® 710 Heavyweights 710® 7.25 I Bu k oi sales 0 75® 7.00 Top 7.26 j i PUTS o.oo® 0 60 Pac-km* sows 6.76® 0.25 —Cattle— Rew choice steers $10.00®11.00 l rme oorn-fed steers. 1.000 to 1.800 lbs 9.00® 9 50 Good to choice steers. 1,000 to 1,100 lbs 8.50® 9.00 Good to choice steers. 1,000 to 1.200 lbs 7.60® 8.00 ; Go"d to choice steers, 1.000 to 1,700 lb* , o.oo® 7.50 I Common to medium sW-r*. 800 to 1.000 lbs 5.00® 7.00 —Cows and Helfera— Choice tf> Hrht heller* $ 9 00®10.00 1 Cos'd heavyweights 725 3 900 , Medium heifer* O.OOC‘ 7.25 Common cows 3.00® 6.00 Fair cows 0 0048 750 ! Cutters 2.75® 3.25 | Can tiers 2.25® 3.75 —Bulls— Fancy butcher hulls S 5 00® 6 00 Good to choice butcher bulls. 5.00® 6.60 Bologna bull* 4.50® 5.00 —Calves—- ! Choice vests slo,oo® 1C .50 j Good veal* 9.00® 10 00 : Medium veal* 7.00® 9.00 j Lightweight veal* 7.50® 8.00 Common veals 7.00® 7 60 Common heavies 0 00® 7.00 I Top 12.50 —Sheep and Lambs—l Kxtra choice lambs slo,oo® 12 50 Heavy lambs 8 00® 10.00 j Cud lamb* 5.00® 700 G< od to cholos ewe* 4.00® 7.00 Culls 2.00® S.OO Other Livestock CHICAGO, Not. 28— Hogs—Receipts* 29 000: market. 15® 25c higher top. $7 X 0: bulk. $0 50® 0.90. heavyweight, $8.75® 7XO. milium, $0.06®7.p5: light, $0.50® 1.0 85; light lights. $5.75ffl 6.00: heavy pack* | trig, smooth $0.4000 75: packing sows, j rough .70 15 0 6.40: killing pigs s6®o. : Cattle—-Receipts. 9.000; active, unevenly i hiijhtr killing classes, 15®25c higher. i pots more on desirable beef heifers llghtI \iclgLts and hsno.vweight steers in good de- | in and. relatively short fed sold at $9.25® | 10 50; most long yearlings $12.60; some I higher; part prime load angus steers. 1.160 pounds strong. sl3: killing quality fairly good rnn includes number highly finished steers; many beef heifers $5 50® 0.50. 100 a | 750 higher than week ago; iat cows, $4.50 0 5.50: ( aimers higher, bulls strong, vualert less desirable kind 50c Higher: stockere and feeders active So® 50c higher lor week; bi lk $5.5000.75 Ste ep—Receipts. 9.000 market, lamb# 15#? 25c higher; sheep scarce, steady; bulk fat lambs. sl3® 13.50: cull nrtlves mostly $10.2.>® 10 75: medium to good fat ewes. $0.50; practically no sales fording lambs.
KANSAS CITY, Nov. 28.—Cattle —Receipts 4.000; calves. 800; beef sUvr* aciive; strong to 15c higher killing qua ity plain; btst native steers. $10: mixed yearlings $lO. balk of short fed $7.50 69: she-stock steady to 15c higher; bulk beef cows, $3.506n: odd heads up to $0.25; tanners mostly s2® 2 25; bulls steady: calves, steady, Stockers and feeders mostly steady practically no early sales. Hogs—Receipts 12.000; very s ov.-; packers and shippers bidding. $6,506 (1(10: on desirable medium-weight butchers or 10c higher: generally active. 15625 c higher; 120-150-pound averages $5.3.>6 5 70; packing sows mostly $0 00.25. Sheep —Receipts. 3,000; lambs uneven: mostly steady; stops 2'c lower top fed lots. $12.05; others. $12.25 © 12.40 small bunches in fives. $12.80; sheep steady: fall shorn wethers, $7-40. ST. LOUIS, Nov. 28.—Cattle—Receipts, 2,000: market beef steers steady to a shade higher; native beef steer*. $0.75© 8 50; yearlings and heifers. $8 @9.50; cows. S4O 5: Banners and cutters, $2.3003.23; calves. $9.60; Stockers and feeders, $5 0 6.50. Hogs—Receipts, 12,000: market 16c to 2fie higher; heavy, $0.7507; medium. $0.75® 7: lghts. $0.1500.00; light lights, $5.75© 6.25: packing sows. $5.7500.10; pigs, •*[email protected]: bulk, $0.60®6.90. Sheep— Receipts. 500; market lambs 25c to 3F>c higher: ewes, [email protected]; dinners and cutters. $1 @3.50; wool lambs, sll @13.36. CINCINNATI. Nov. 28.—Cattle—Receipts, 300; market, active, strong, higher: shippers, $7 60 0 9.50. Calves —Market, steady; extra*, $9.50 @10.50. Hogs—Receipts. 3.800; market steady to s@lsc higher; good or choice packers. $7. Sheep—Receipts, 100: market, steady: extras [email protected]. Lambs— Market, strong: fair to good [email protected].
DAMAGE CLAIM DENIED Mart Loses $50,000 Suit Against Indianapolis Kailway Company. “K Superior Court jury under Judge Sidney S. Miller, after retiring five minutes, today returned a verdict for the Indianapolis Street Rtllway Company against David White, colored, who asked $50,000 damages as the result of an alleged assault by John Cameron, motorman on a W. Washington car. White alleged the motorman got off the car at Washington and Belmont Ave., and clubbed’him with a metal crank because someone else rang the stopping bell and nobody got off. The motorman accused White, the plaintiff said. Evidence showed that White got in front of the car and refused to let it start, while he argued, and that Camejoa hit him with his fist.
Your Dollar Uncle Sam Tells Who Gets It.
CASH REGISTERS j/\ Cer?T2>^\ If \ Labor \ / 58 \ [/ Cent's h I Profit 4 Overl?ea.d /nc/ac/mg // Tavee. COTYaXIHT f -Vt-*, nr AALPM r C3CH, VA9M., SHE cash register industry is partly responsible for the growth of one medium sized city, Dayton, Ohio. Cash registers which range all the way from the gilded money box to big machines that perform intricate computations with the turn of a crank are a recognized implement of business. The cost of them forms part of the overhead of your grocer or butcher and every dollar you pay him helps pay that overhead. The United States Government has made it possible to tell how the dollar which the cash register manufacturer receives is divided. Thirteen cents of the dollar goes for materials. 29 cents for wages and 58 cents fer profit and overhead including taxes. , A 10 per cent wage Increase to workers would add 2.9 cents to each dollar which the cash register manufacturer must charge. A 10 per cent increase’ in materials would add 1.3 cents. NEXT—Neckties. HEARING ON PETITION SET Gas Company’s Request to Issue Bonds Up Doe. 6. The public service commission today set Dec. 6 as the date petition of the Citizens Gas Company of Indianapolis to issue $218,000 in bonds. Marriage Licenses J F Buenrler. 24 R R E. box 387: Ida Ferry 22. R R D, box 77. G M W&litsr 43. H. R G. box 492 Elsie Eil-nbergrr, H 8 R a G box 490. W. G Sellmaidfelfil 28. R R. D. box 277 Norma R.-aaner 23 R K. I) box 292. E F Worlar.d 10 7"-0 Lexiugton; Ruby Sr’Hvsn. 18 220 N. Illinois. H. B Combs 28. Mi 8 Belmont; Ethyl Nm-sc _8 4001 E Washington. R C No'an 19 534 Vinton: Gladys Maley. 17. 229 N. Stale Parley Netherland. 20 440 W Thirtieth: Lerore Spencer 22. 1145 W rblrtieth J A Michael. 23 54 E. Raymond: Olive Je*t>-r, 20 425 Prospect W F Kelllher. 25. Evansville, Ind.; Edns Anver 23. 2300 Aehland VV C Honecker 24 .3100 Graceland: Martha Nowlin 33 5433 Julian. C R. Scheper. 31. 1612 Brokaide: Francis Moas. 28 146 W Arlronla A F Weber 29. 2737 N Gale Mabel. 23. 2137 N. Gale. E G Dchner. 23. O°R N. Rural: Colette Thiele 24 548 N Oakland K R. i’rmg'e 22 717 V Gladstone: Har.el Dracer 21 1144 Prospect. J W Miller. 21. 770 N Emerson: Corinns Moore. 20, Xoo4 w ,vn Births Glr's Jacob and Mary Krie h 07 Schiller. James and Ethel Flangry. 223 E. McCarty. John and Lo'a Grcon 722 Beecher. Andrew and Margrret Gaiidie, 757 R'der Howard and Mary Hynes. 1326 Barth, .lame* and Fern Overman. 4oe Terrace. Don and M iry Faueaet. 828 Chn-ttan PI. Harrison and Katie Teal. 235 W. McCarty. B’iemtan and Nellie Watkins, city hospital. Gifford and Adelaide Miller, St. Vincent Hospital. Boys George otid Mary Duncan. 943 Somerset. Ora and lean Hancock, 538 N. Good'et. Arthur nd Nancy Willoughby, 959% W. Washington. Lawre .i and Myrtle Denney, 812 E. Nineteenth. Louis and ivy Teroune, 2742 N Adams. Wt'llam and Lillie Tower 508 Higlpand Ra cigh and Mary Grimaley. 3t. Vincent Hospital. George and Helen Tls’er, 1135 E. Washington. Shcr'.ey and Ruth York 1704 N Holmes. C irl and .Janet Padgett. 800 Udell. Maurice and Ida Bch'vah. 2141 Webb. Lewla and Cora Lloyd, city hospital. Edward and Anna Moskawitz. iB6O S. East. Harry and Syrilda Hubert. 2237 Bloyd Irl' and Mabel Taylor. 1920 Fountain. Abraham and Hinde Joeepli. St. Vincent Hospital. • .and Margaret McNutt. St. Vincent Hospital Cue ler and Marion Cone*. St. Vincent Hospital.
Deaths Elizabeth 0 Huls, 72 249 Eastern, acute nephritis. Nettle Ruth Graves 14 days. 839 Wyom- , Ing, broncho pneumonia. Janies W Hughes. 75. 710 Pork, cerebral hen o rbage Sarah Eliza La Flamme, 66, 120 W Thirty-Eighth, uremia. Chester O. Broyles. 41. Central Indiana Hospital pulmonary tuberculosis. Frank Cesnlk. 2 767 N. Haugh. broncho pneumonia Katherine Parker Rogers, 67. 1603 E Washington, pulmonary oedema. Raleigh L Tavlor 44. Methodist Hospital. Banta's disease. George H. Mcßee 43. 2029 Highland Place lobar pneumonia. Anna Marie Anderson. 4 days. 3408% Clifton, cerebral hemorrhage. r-eiH E Speece, 46. 2243 Langley, carcinoma. ir'“ T Nichols, 61, Deaconess Hospital. lobar pneumonia. Katherine E. Soule. 81. 817 N. Arlington, arteeto si’lerosiß Bertha Elizabeth Katins 01. 2527 Madison chronic interstitial nephritis. Nellie May Aekles 39 1125 Hellefontalne. Building Permits J. N. Klein, dwelling, 709 N. Drexel. $2,800. Frank F, Wooling garage, 4825 Washing- : ton, SBO9. E. E Roberts, garage. 1210 Sturm, $350. 1 Katie Woolbridge, dwelling. 709 Gdgcmout. I $3,000. - Rcserv* Loan Life Insurance Company. ; wreck. 439 N, Pennsylvania. S7OO. Dan W Le Gore, double, 3550 El. Michi- , gan. $5,500. Dan W Lo Gore, furnace. 3550 15. Mieh- | igan, S4OO. „ William H. Block, remodel, 20 N. Illinois. $2,200. Otto Guedelhoeler. garage. 1627 N. Meridian. S6OO. William Quald. reroof. 3440 Kenwood. slll9. John R. Welch, agent, reroof. 1500 Naomi, SO.O. John R Welch, agent, reroof. 930 S. West. S2OO. Frank H, Sudbrock. garage. 4154 N. Meridian, SIB,OOO. Elmer Steffen, furnace. 3122 Sutherland S4OO. E’pier Steffen, dwelling. 3122 Sutherland. $9,000. RUla Williams, garage, 610 Warren. $285. Active Coal Company, addition. Fourteenth and Senate, S4OO. , Eugene Mezger. epairs. 1462 Union, s2ll. J N Godsey, dwelling, 2513 E. Sixteenth. $2,700. J N Gjdsey, dwelling. 1174 Roosevelt, $2 400. Ida Mansfield, dwelling, 1588 Hoefgen, SSOO. F. B. Gaylord, reroof. 2921 Bellefontaine, George W. Bert, addition, 1458 Union, S2OO. J C Mills addition 1041 Hazel, S4OO. H. M. Culbertson garage, 2311 Crawfordsville road. SBOO. M M, Mahoney, repairs. 1020 Linden. $1 500. C J Williams, dwelling, 445 Goodlet, $3,000. Grapefruit is the principal product of the Isle of Pines, having become an Important industry since the American colonization shortly after the Spanlsh-American war.
SLAIN GIRL IDENTIFIED (Continued From Page 1)
is believed to have lifted the girl, perhaps unconscious, from the car before he threw her over. Footprints of a man appeared near the edge of the bridge. They were deeply imbedded in the road, as if the man had lifted a heavy load. The shoes worn by the murderer —if these are his footprints—were pointed and apparently about size 8. Road Heavily Traveled The road which crosses the bridge is heaviiy traveled, according to persons in the neighborhood. Harry j. Miller, who lives about 100 yaras south of the bridge on the east side of the road, said he had not heard a struggle or any unusual sounds. He and G. C. Ballard, who lives about a quarter of a mite from the bridge, said the traffic last night appeared to be as heavy as usual. He believes cars must have passed within a short time before and after the murder. * Although the woman’s body was badly bruised in the fall, authorities do not believe It had been hit by a train. The skull . was fractured and the left leg was broken. The left eye was bruised in such a way It Is believed it was struck before the fall. Skull Fracture Cause Coroner Paul F. Robinson said the Immediate cause of death was a fracture of the skull. It is believed the body was thrown on the railroad track by the murderer or the murderers in the hope it would be struck by a train and mangled so that identification would be impossible. Detectives Harry Irick and John Giles were assigned to the c se.
SPECIAL MEETING ON WATER RATE NEED BY BOARD Valuation of $15,000,000 and Meterization Order Is Expected, Discussion of the forthcoming; rate order on the Indianapolis Water j Company came before a special meet-1 ing of the public service commission this afternoon. All five members of the commission were present when a tentative order calling for a valuation of about $16,000,000 on the company’s property and proposing the installing of meters for householders was presented, It is understood. Just when the commission was to announce its action was a matter of doubt. The order was drafted by Oscar Ratts, commissioner, who pre sided at hearings on the case some weeks ago. Persons familiar with the ' contents of the proposed order were 1 of the opinion it would result in no 1 increase in rates, but would effect an i annual increase of about $50,000 in the company’s revenues. It is known the tentative order has the required sanction of three mem bers of the commission, John W. Me i Cardie, chairman; Ratts, who is vice chairman, and Maurice Douglas. Frank Wampler ami Samuel R. Artman, the other two members, are op posed to the tentative order and have professed favor to a valuation of about $10,000,000 on the company’s property, which would mean a large reduction In rates. LED BY BAD EXAMPLE Ft. Wayne Man Says He Saw Others Selling Booze. William Hendricks, plumber, of Ft. Wayne, a defendant In the Ft. Wayne liquor cases, voluntarily appeared before Judge Albert B. Anderson in Federal Court today, surrendered, entered a plea of guilty and received a sentence of six months in jail and a fine of SSOO. His bond was faulted Monday when he failed to appear. He explained that he had not been notified. “You're a straight forward, square looking man,’’ Judge Anderson said. “I hate to sentence you, but I must. If police officers of Ft. Wtyne had given people to understand that the law could not be violated you would not be here, would you.” “I certainly would not. I saw everyone else doing It and I thought I would make a little easy money,” Hendricks answered. FINGER SIGNS USEFUL Judge Warns Mutes Not to “Radio” to Witness. "Here, the plaintiff can’t radio the witness instructions,” admonished Su perior Judge T. J. Moll today In a divorce trial. Both witness and plaintiff were deaf and dumb, and the plaintiff was signaling to his witness. In reply to a question, relayed by an interpreter, whether the witness ever heard the couple quarrel, she launched into a series of gesticulations that lasted five minutes, which the judge watched closely. “She says ‘No,’ Your Honor,” stated the interpreter. The case was continued for more evidence. American T e!epl?ome & Te'egraph Cos. I37th Dividend The regular quarterly dividend of Two Dollars and Twenty Five Cents per share will be paid on Tuesday, Jan. 15, 1024, to stockholders of record at the ! .-lose of business on Thursday, Dec. 20. I 1923. H. BLAIR-SMITH, Treasurer.
Rock Island Frisco Missouri Pacific Missouri, Kansas & Texas Operating in our most prosperous territories. We have prepared special bulletin feaiQving the possibilities of these rails. It will be sent free on request. (No Promotions) F. H. McNULTY & CO. Ground Floor 171 Quincy Street Phone Wabash 3147 New York Chlcgo Pittsburgh
Watson Still Wearing Hat Bu Unitid Prct WASHINGTON. Nov. 28Senator Jim Watson, Indiana, is clinging to his hat. Watson teday refused to pose for photographers in the attitude of throwing his hat into a ring. “My hat’s not in any ring; it's firmly on my head,’’ said Watson. He asked President Coolidge to fix some time next week when he could have an hour’s talk with him.
HOB MAY BE REPEATED! N ! Fairness of Question Asked Is Doubted. Re-examinatlon of applicants for the position of city smoke Inspector may be held at an early date as a result of a conference between Francis F. Hamilton, building commissioner and Mayor Shank today. Question as the fairness of the ques tions In the examination given to thlr teen men last week was given as the reason for the suggested quiz That some of the questions might have been directed at two or three men who took the examination was inferred by Ham llton. Mayor Shank said. It was further stated that several appl cants and and not take the first ex am nation because they believed the job would last only during the Shank adm nistrat on and they did not understand that since the position Is un tier the supervision of the board of safety they could not be removed w.thout proper procedure. Merchant Is Dependant Creditors of Aaron Trattner. merchant, 141 S. Illinois St., filed a bankruptcy petition against him In Federal Court today. The petitioners were Philip Kaioure. Flora J. Carson and Charles Brenner, creditors to the amount of $1,583.75, the petition stated. Citizens Ask Phone Probe Charging the Indiana Bell Telephone Company has failed to replace a telephone exchange at Lynnville, Warrick County, which was destroyed by fire a year ago. several citizens petitioned the public service commission today to investigate the situation. The petition alleges there Is no “telephone service with the outside world ex cept through a single toll line to Boonevllle.”
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BAVARIAN CHIEF GIVEN MANDATE TO FORMOABINET Night of Threatened Revolt In Berlin Passes Without * Demonstration, V By CARL D. GROAT, United Pretl Sta ? Correspondent. BERLIN, Nov. 28. —Germany has turned to her storm center, Bavaria, for a chancellor. Adam Stegerwald, born in Bavaria and former premier of Prussia, was endeavoring today to knit together the fragments of a stable cabinet, having given a mandate by President Ebert. There was no early word to the effect he had been any more success,ul than others who tried since Stresemann fell, but Stegerwald, a member of the right wing of the center party, Is a politician of ability and an able economist. He Is leader of the Christian Trade Unionists and a writer on sociological subjects. Setegerwald’s summons to the chancellorship came at a moment when the capital seethed with the most imposing array of police, bayonets, tanks and other trappingß of war since 1918. Searchlights played 'hrough snow and rain, straining hrough the slush of a disagreeable winter day to pick out communists supposedly staging a Moscow-inspired demonstration. Thousands of laborers, among them possibly many communists, demonstrated at Lustgarten. A few of the workers were wounded, while about seventy arrests were made throughout the city. Otherwise, the night, from which so much had been feared when whisperings of red revolt spread, passed quietly. ELECTION IN JANUARY Secre;ary-Treasury of Fair Board Be Named. Election of a secretary-treasurer will be one of the first official acts j of the State board of agriculture in i January, following the local elections I in which seven new members will be i chosen. One man probably will be | elected to hold the two posts. Harry I Moberly, president of the board, said today. I. New; Brown has served In the dual capacity for the last year. It was partly through incorporation of the two offices under one head that $155,000 of the board’s money cam® Into the hands of Governor McCray some time ago Whether Brown will be a candidate for re-election has not been stated.
6% First Mortgage Real Estate Certificates Series E Dated Sept. 1, 192S Due Sept. 1, 1928 Interest Payable SemiAnnually The Fletrher American National Bank, Trustee Price, Par and Interest, Yielding 6% Circular on Request. Fletcher American Company Second Floor Fletcher American Bank Bldg.. Indlanapoll*. Private wire to principal market* Chicago Detroit Louisville South Bend
4 DIVIDEND CHECKS EACH VEAR. An extra pay day every three months! Yours if you invest in the safe Preferred Shares of Central Indiana Power Company. Your dollnrs will earn good wages In this essential industry whose subsidiaries supply electric service to 61.000 customers in 120 communities. Shares J 92 60 each, cash or on payments of *5 down and $6 monthly per share; 6% interest allowed on deposits. Free from stale, county, city and normal Federal income taxes. Better than 7Vj % on your money. Call, write or phone. Investment Department Central Indiana Power Company Merchants Heat and I, ght Company Northern Indiana Power Company Wabash Valley Eleclrlo- Company Valparaiso Lighting Company Indiana Electric Corporation
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