Indianapolis Times, Volume 35, Number 180, Indianapolis, Marion County, 11 December 1923 — Page 11
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AMERICAN CAN IS RHOSEN LEADER OF MARKET’S ADVANCE Irregularity Overcome Before Close of First Hour's Trading, STUDEBAKER IMPROVES Sloss Sheffield Comes to Forefront in Steel Group's Recovery, The WALL STREET JOURNAL V NEW YORK. Dec. 11.—Irregularity ♦narked the opening stages of the stock market today. Some issues showed decided gains, including General Electric, which started at 199, up 2, and Corn Products at 140. a gain of 1)4. Among the rails Union Pacific at 129% and New York Central at 105*4. made advances of Vi and Vi. respectively, while. Southern Railway lost *4, selling at 37%. The steels were off fractionally. First Hour ®?rUnder the leadership of American Can. the entire list turned stronger in the first hour of trading. In which Can advanced to 105 for a gain of 2 full points. Directors will meet shortly to consider advisability of an extra dividend. Studebaker advanced to 105 Vi. while Steel, after its early reaction, followed the trend of the market and recovered Its loss, selling at 94 followed by Sloss Sheffield, which crossed 58. up almost a point from its previous close. Second Hour Irregularity resulted in the late morning from further selling of to bacco stocks which carried Tobacco Products off more than six points from tts recent high and resulted In a break of similar extent in Schulte. These declines, however, failed to check special strength among the sugars and motors. Steel shares re fleeted the uncertainty over the ou*look, but the best judges of the steel situation express confidence that Relations would not remain around their present level for a prolonged period. Twenty active industrial stocks on Monday averaged 93.86. up .01 per cent. Twenty active rails averaged 81.65, off .46 per cent. Local Bank Clearings Indianapo l>~uik clertrixi£9 Tue*iay were $3.94000: bank debits w re SO. 43.000 New York Money Market By United l none,at NEW OHK. i> ■ !1 —Time money quiet. •s art sto 5 per cent. Commercial er market moderate y active at 5 to 5 % cent. Foreign Exchange By l nited i tnut.ctal NEW YORK. Dec. It—Foreign exchange stead'" S'*t mt demand. $4.36%: cable. 54.3 C%. Francs, demand, 53’*ic: 6.33 , <*. Lire, demand. 4.34%c. Marks. 4 th ion to the do Mac. Czecho, demand, 2.01 tie; cable. 2.92 c. Swise. demand, 17.43 c cable, 17 4.7' . Guilders, demand, ft I :■ . (ah' s. •* 'a, >.• aid 13.02 c: cable. 1304 c. Swede, demand. • • • •’<> 3 *c. Norway, demand, 14.94 c: cable 14 OSo. Denman*, demand, 17.78 c: cable. 17.80 c.
Raw Sunar Market By I ,Ua Financial SEW YORK I>* 11. —Raw sugar market, opened higher. December. 5.03 <8 5.05 c: January 5.34 c bid: March 4 Tl'ul 7V; May, 4 82 r 4.83 c The Savannah Sugar R - Hpfng Company purchased 10.000 bat’s of tffr new crop of Cuban raws January shipment at s*ie c. ands Tank Wagon Prices fGaao'ine prices i|U ted do not include State Ox of 2c a rnlh n.) . GASOLINE- —Etiergee. 12.2 c a ga'.’on. Purol. 12.2 c: Red Crown. 12.2 c; Target. 12 2c: SCver Flash. 10s: Standollnd aviation, KEROSENE- —Crystal Inc. 10.75 c; Moore Light 15c. Pcrfr-ction. 10.75 c. NAPTHA —Lion Power olernera. 25 1c: V M St P, 22.1 c: Standollnd cleaners. 22.1 c. Dressed Beef Prices VTho esa e -se ins prices on drt-?ed beef. Swirt & Cos Ribs—No. 2. 30c: No. 1 17c. Loin* —No 2 25e: No. 318 c. Rounds— NO 2. 20c; No. 3.15 c. Chucks—No. 3. 13c: No. 3.10 c. Plates—No. 2. 8c; No. 8. 7c. • Cloverseed Market oeal dealers are paying 57.50® 10 a bushel for cloverseed. WHITTIER SCHOOL BAZAAR Dinner Is Special Feature of Community Affair. The annual Christmas bazaar of Whittier School. No. 33. will be held Thursday at the Community House. E. Tenth St. and Keystone Ave. It will open at I p- m. and continue through the evening. A special feature is a 35-cent dinner at <sp m Mrs. L. G. Hughes, 1728 Gross Dr., Woodruff Place, is general chairman of the fair. Mrs. Frank Ecath. 1334 Keystone Ave., is the president of Parent-Teacher Club, for whose benefit the fair is being given. 3ft I.EGAL NOTICES “ (Continued from Preceding Page.) NOTICE OF APPOINTMENT Notice is hereby given that the under•tgnrd has duly qua'ified as executor of estate of Barbira 31odau. dei'eased. late of Marion County. Indiana. Said estate is supposed to be solvent. ALBERT BLODAU. No 21834. James W. Harrington. • aPec 4. 11 and 18. * rr NOTICE' OF APPOINTMENT ’-Notice is hereby given that the undersigned has diiy quaifted as executor of estate of Carrie D Luptnn. deceased, late of Marlon County, Indiana Said estate is supposed to be solvent. k MARSHALL D. LUPTON. | No. 21832. r 1 Bee 4. 11 and 18. flip-NOTICE OF APPOINTMENT. is hereby given that the unders3Trcd has duly qualified as administratrix of the estate of Ida V F. Stc-eg. de<-eased. late oj Ji- ncn County. In-liana. Said estate is supposed to be solvent. Wv ’ 805 EDNA STEEG. - NOTICE OF APPOINTMENT. -Notice is hereby given that the undereuroc.: has duly qualified as adminstratrix. with will annexed, of estate of Gaylord F. Weber, deceased, late of Marion County. Indiana. Said estate is sunposed to be solvent. No. 21853. JENNIE Z. WEBER. NOTICE OF APPOINTMENT. .. Notice is hereby given that the undersigned has du'y qua’ified as executor of thb estate of Anna H Wright, deceased, late of Marion County. Indiana. Said estate is fnppospd to be solvent. No. 21858. ALBERT LLEBER.
New York Stocks ( By Thomson A McKinnon) —Dee. 11—
Railroads— 12:45 Prev. High. Low. p. m. close. Atchison 98 ... 97 % 97 % B A 0 59% ... 59% 59% C & 0 70% 70% 70% 70% CANY Ry. 69% 581* 59 59% CRAP... 23% ... 23% 23% Erie Ist pfd. 29Vs 29% 29% 29% Gt North nfd 57 % ... 60 % 57 % N Y Central. 105% ... 104% 104% Nor Pacific. . 54% 53% 53% 54% P-Marquette.. 42 Vi ... 42% 42 Vi Pennsylvania. 42% 42% 42% 42% Reading 79% 79% 79% 79% Sou Rai’way. 37% 37% 37% 37% Sou Padflc. .88 ... 87 % 88 St. Paul pfd. 24% 24 24% 24% U Pacific 129% 129 129% 129 Wabash pfd. . 35 % 35 % 35 % 35 % Rubbers— Kel’y-Spr 31 % ... 31 % 31 % U S Rubber.. 37 % ... 37 % 37 % Equipments— Am Loeomo.. 73% ... 73% 73% Baldwin L0c.125% 124% 125% 126 Gen Electric.. 200 198 199 197 Lima Loeomo 80 65 % 05 % 66 % Pullman ....123% 122% 123 123% Westingh El. 61% 81% 61% 01% Steels— Bethehem... 52% 62% 52% 62% Crucible .... 86 % 85 % 65 % 65 % R. I A Steel 48 % 48 .... U. S. Steel.. 95 94% 94% 94% Motors— Am. B Mag. 37% 36% 36% 36 Chandler M.. 05% 04% 04% 04% Gen. Motors.. 15% 14% 15% 14% Max. M. (A) 48 47 48 46% Max M. <B>. 13% 13% 13% Mack Motors 89 87 % 89 88 Studebaker.. 105% 104% 104% 104% •Stromberg... 83 .... 81% 80 Stewart-W. .. 90 89 % 90 89% Timken 38 % .... 38 % 38 Oils— Cal Petrol.. 24% 23% 24% 23% Ccsden 34 % .... 33 % 33 % Houston Oil. 01% 81% 61% Ma-iand Oil 35% 34% 35% 85%
OATS ARE FEATURE OF EARLY TRADING Cheapness of Grain Places It on Bargain Counter, By t nited Financial CHICAGO. Dec. 11. —Oats showed Independent strength at the opening of the Chicago Board of Trade today and despite declines ln other grains was fractionally higher. Wheat met selling pressure, due to rerports from the Argentine that recent frosts did no damage and that favorable weather again prevails. Confirming this latest cable. Argentine prices showed a decline of Vi to I*4 j at the opening. Corn met selling when wheat turned weak and also due to heavy receipts. July, however, showed a slight upturn. Predictions that the record high price of this year would again be reached next summed when the shortage of supplies would be keenly felt, brought buyers into this delivery. Strength in oats was due to good local buying on account of the cheapness of the grain and a generally better cash demand. Despite heavier hog receipts and lower prices, provisions strengthened eaily with good fo-rian demand. Chicago Gi am Table ißv Thomson A McKinnon) Al 11:45—Dee. 11. WHEAT— Prev Upon. Hixh. Low Close hone Deo. . 1.03% 1.03% 103% 1.03% 1.03% Ma v . ) 09 1.09% 1.08 % 1.09*4 1.09% 1.09% 1.09% % 1.07% 1.00% 107% 1.07% CORN— D. 73% .73% .72% .72% 73% 73% May. 74% .74% 74 74% .74% .74 % 74 % J<”- 75% .75% .75 .75% .75% OATS— Dc 43% .42% 42% .42% .42% .42% Mav. .45% .46 .46% .40 45% July.. .43% 43% .43% .43% .43% CHICAGO, De 11.—IVimarr pwlpU-Wh'-at 793.000, ae; Inst 1.421.000: com. 1.530,000 against ’.390 000; oats. 897.000. against 992 one • Wheat, 376 - 000. against 5 01.000, against Grain Briefs CHICAGO. Dec. 11.—Last reports from Ar~n*inA Oe- irefi weather Is cod and freezing temperatures prevails in many parts of . area A re'um to this year's high price in com I j n-Mrcd fr r ~y , eK ( summer when the reported shortage will be keenly felt. The genera! belief ln the pit Is that Secretary Wallace’s estimate of 90.000.000 bushels of wheat consumed on farms is xis iv - n,l that 50.000,000 bushels would ! be a closer estimate Following the four days' rains in the central area, roads arc impassable and a 'tup in supplies can be expected for at least fen days. 778,000: oats. 048,000, against 612.000. Locai Wagon Wheat Local m: sand e evators are paying 91 : for No. 2 red wheat.
Business News
NEW YORK. Dec. 11.—Negotiations for the consolidation of the Schulte Retail Stores Corporation and the United Cigar Stores Company of America, which have been under consideration for more than a year, have been brought to a successful conclusion. The tern;* of the transaction have been virtually agreed upon and the papers, which are now being drawn up by the lawyers for both parties, will be signed within a few days. It is understood the obstacles which have wrecked the p;an In the past have been finally overcome and unless a final hitch occurs, the merger will together two of the largest groups of retail cigar stores in the country. David A Schulte, president of Schulte Retail Stores Corporation, announced last Friday that he had completed negotiations for the formation of anew tobacco company and that details would be forthcoming this week. NEW YORK—J. W Harriman, president of the Harrimann National Bunk, declares that carrying out of the Mellon tax reduction program by Congress will depend entirely on ‘ pressure from home." He is optimistic as to the ultimate success of the measure, but savs that Congress, elected under conditions that do not exist now, will have to be pi shed by the man at home. Mr. Harriman had an opportunity to observe sentiment in Washington last week, when he attended the Gridiron Club dinner. In an Interview he said: "Tiie end of last week it looked like a spontaneous support for the President in his tax recommendation. A visit to Washington fulfills the view that there has to be pressure from home exerted to bring about the required results. All depends on the constituents. The facts are that a year ago we had a radical and depressed representation elected to Congress, representing condition which do not exist today, and if every citizen and taxpayer wou’d push his congressional representative he would get the results." Goshen Rate Increase Asking a fair return on its property, the Goshen Gas Company today filed a petition with the public service commission, asking for a rate increase on gas. Man Hurt When Auto Is Ditched By Timet Special NOBLESVILLE, Ind., Dec. 11.— Thomas Roberts of this city sustained a broken collar bone and other Injuries Monday when an automobile In wme.i he was riding went into a ditch near here.
12:45 Prev High. Low. pm close P-Am Pete.. 62% 61% 61% 60% P-A P (8)... 69% 58% 58% 68% Pro. A Ref.. 23% 28 26% 26% Pure Oil . . 18% 18% 19 S. Oil of Cal 57 56% 56% 9. Oil of N. J. 35% 36% 35% Sinclair .... 23% 23% 23% 23% Texas Cos 41% 41 41% 41% Minings— Gt. Nor. Ore 29% 29% 29 % Int. Nickel. . 12 % 12 % 12 % 12 % Coppers— Am Smelt... 68 % .... 68 68 % Anaconda .. . 38 % .... 38 38 % Kennecott ... 34 % 34 34 % 34 % Industrials— Ailed Chem.. 68 % .... 08 68 American C. .105% 103% 104 % 103 Am Woolen.. 74% 74% 74% 74% Coca-C01a.... 75% 74% 75% 74% Cont. Can.... 50 49% 49% 49% Davison Chem 77% 76% 77 70% Fam Players. 70 ... 70 70 Gen Asphalt.. 35% 35 35% 30 Mont Ward. .25% 24% 25 26 Nat Enamel.. 43 % 40% 43% 39% Owen Bottle.. 44% ... 44% ■ 44% Sears-R’buck. 83% ... 83% 84 ÜBC Iron P 55 % 55 55 Vi 65 U S Ind A 100 62% 61% 62% 61% Utilities— Am T and T. 126 ... 126 126 Consoli Gas.. 58 % 68 % 58 % 68 % Columbia Gas 34 ... 33 % 33 % Shipping— Am Int Corn 23% 23 23% 23% Int M M pfd. 28 % 28% 28% 28% Foods— Am Sugar... 50 % 56 % 56 % 56 % Am B Sugar. 40% 39% 40% 39 Com Prod... 141% 140 140% 138% C C Sug pfd. 65% 53% 64% 53% Cub-Am Sug. 31% 31 31% 31% Punta Alegre. 53% 53 53% 63 Tobaccos— Am Tob B . ..148% 148 148% 149 Tob Prod 8.. 74% 72 72% 76%
INDIA SWINE GROWER HONORED J, H, Ballard of Marion Wins International Prize, That Indiana is among the greatest of America's swine producing States was again clearly demonstrated at he International Live Stock Exposition which has just closed in Chicago. This is regarded as the world’s greatest fat stock show, there being over 10,000 animals on exhibit. The car-lot award Is considered the greatest honor of the show because it Is in car lots that farmers market their hogs. “I have been identified with the livestock business for fifty years and have seen millions of hogs, but I don’t believe I have ever seen many better cars of hogs than these grand champions of 1923.” These are the exa -t words of Charles A. Mallory, manager of the hog department of John Clay ft Cos. This year’s international saw a most wonderful hog show. The quality of the hogs was of the very finest land competition was extremely keen. |J. M. Ballard of Marion. Ind.. .vho won the grand championship with a car load of Hampshire* which i.erI aged 317 pounds in weight. said that |he believed the heaviest pig in his | car did not weigh tun pounds more than the lightest. This car was sold to Swift ft Cos. ,for 111.25 per hundredweight, which t was $4 above the top market ln the yards that day. Including prize money the car load brought Mr. BaJlard '2.340.11.
Produce Markets
INDIANAPOLIS, Dec. 11.—Fresh eggs, o s off 430: packing stock batter 28c; prtngs over 2 lbs , 18c; fowls. 4Vi lbs up. To: fowls, under 44 !b.. I7c: Leghorn poultry. 25 per cent discount: cocks, 10c: young tom turkeys. 12 lbs. up. 25c: young hen turkey*. 8 lbs. up. 25c: old-tom turkeys. 20c 1 ducks. 4 lbs. up, 10c; g'esc. 10 lbs. up. 10c; squabs, 11 lbs to the doz.. $5; young guineas. IVi lbs. to do*.. ?7; old guineas, dog.. $5; rabbits, drawn. No. 1, do*., 53. Indianapolis creameries are paying 54c per lb. for butterfut. CHICAGO. Dec. 11.—Butter—Receipts. 13.465: creamery extra 53c: standards. 40c: firsts, 45 V* 047 tjc; seconds, 42 Vs ® 43 Vi c. Eggs—Receipts. 4 0115: ordinary firsts. 35 <u 40c. finds 43®440. Cheese— Twins 23Hc; Young America*, 25Vie. Poultry—Receipts. 8 ears: fowls, 17®20tyc; ducks. 17e; goes* 20c; springs, 18c: turkey*. 20c; rooster*. 12 So. Potatoes—Receipts. 382 ears: Wisconsin round white. §l4*l TO; Minnesota ;ml North Dakota. SI 41 1.06: Red River Ohio*, $14*1.10; Idaho Russets $1.7501.85. NEW YORK. Dec. 11.—Flour—Firm and unchanged. Pork—Firm: mess. 825 50 0 26 50. Lard—Easier: Mid West spot. 813.26013.85. Sugar—Raw quiet, 7.63 c; refined dull; granulated. 9.0500.15. Coffee —Rio spot. II Vi ®II Vic: Santos No. 4, 14 44 015 Vic. Tallow-—Quiet; special to ex tra. 7’i4i7 *4 e. Hay—Du l; No. 1, $1.45: No. 3. SI 15 01.25, $1.15 01 30. Dressed poultry—Firm, turkeys. 20®43c: chickens. 18®44e, fowls. 13@29c: ducks. Long Is and, 15 0 28c. Live poultry—Firm; geese, 22®25c: ducks. 14®20c: fowls, 28®32c: turkeys. 30®35c: chickens, 23026 c; broilers. 40@45c. Cheese—Dull: State whole milk, common to special. 20027 c; State kims. choice to specials. 10@19o; lower grades, s®lse Butter—Steady; receipts, 7 438: creamery extra, 65c; special market, 55 '4 @ 56c: State dairy lulls, 40054'4 c. Bgg—Quiet; receipts. 1.3.614: nearby whites, fancy, 08St 69c; nearby State whites, 50069 c; fresh firsts to extras, 5O@04o; 'mitic coast, 48®07c: western whites, 50 0 09c; nearby browns. 05®70c: Danish. 53 ® 54c; Argentine, 41045 c; Canadian. 4!) 0 50c. RILEY ADAMS TRUSTEE IN BANKRUPTCY TANGLE Creditors of Cooperative league of America Name Hanker. Riley C. Adams, president of the Security Trust Company, was elected trustee in nankruptcy of the Cos operative League of America, of Portland, Ind., at a creditors meeting in the Federal building today Harry C. Sheridan, referee in bnal’ruptoy, was in charge of the meeting. His bond was fixed at SIOO,OOO. Representatives of creditors from all parts of the United States were present. Morton S. Hawkins, of Portland, head of the organization, and other officials, were arrested several months ago on charges of using the mails In a scheme to defraud as the result of the collapse of the company and of the Hawkins Mortgage Company, an affiliated concern. Union Traction Gives Dinner Members of the Indianapolis safety committee of the Union Traction Company of Indiana attended a get-to-gether meeting and turkey dinner at Anderson Monday night. Seventyfive million passengers have been carried by the company in the past four and one-half years, 36,800,000 car miles operated, and not on* passenger killed, according to company officials.
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PRICES FOR SWINE CONTINUE DECLINE Heavy Receipts Again Held Responsible for Drop, Dec. 250-300 lbs. 200-225 lbs. 150-180 lbs. 5. 7.30® 7.40 7.20® 7.30 7.10® 7.25 0. 7.15® 7.25 7.00® 7.10 7.00® 7.05 7. 0.90® 7.00 0.80®! 0.90 0.75® 0.85 8. o.Bo® 7.00 0.85® 090 6.80® 6.85 10 6.85® 6.00 0 80® 6.85 0.75® 0.80 11. 6.75® 0.80 6.70® 6.75 0.65® 0.70 Hog prices continued Monday’s decline by dropping 10c to 15c in trading at the local livestock market today as the resu’t of continued heavy marketing at mist trading centers and large local recupts that more than matched the urgent demand. Altogether about 20,000 hogs were offered for sale and prices from the opening showed heavy losses. The market was rather spotted in early trading, some sales having shown a loss of as much as 20c, some traders said. The top for heavies was moved downward from $6.90 to $6 SO, while lights sold upward from though generally at $6.65. Mixed hogs sold from $6.70 to $6.75, according to weight and quality. The bulk of sales was made between $6.65 and $6.70. The drop in the general market, however, found no reflection In the rough and pig markets which were steady, pigs at $6.50 down and sows at $6.25 down The decline in prices. It was noted at the yards, did not change the price spread ot 15c as between the cost of lights and heavies. The stubbornness of pig prices In the face of declines also is attracting attention among buyers. No Improvement was noticeable ln : the cattle market, which has been under a shadow of better prices at other cemters for several weeks. Although a Wavy run of 1,500 head was ln the yards, little enthusiasm was manifest by buyers and trading was at barely steady to lower quotations. Unusually heavy receipts of 1.000 calves caused a sharp break of $1 ln veal prices, choice kinds selling at a top of $12.50 and the hulk from $11.50 to sl2. The sheep and lamb market was th,* most active of several weeks, due to fairly heavy receipts of westernfed lambs, which sold at $13.25 down while natives brought steady quotations at $12.50 down. Sheep also were steady at $6 down. Receipts, 700. —Hue* — Choice light* * 5 3.2 I.iirht mixed 2g;> !5Z2 Medium mixed ” IV "• ,! I’d heavy weight* *' '' d* ' imm Ot .ai. ..... -■-•• •• • • JJg H , t ;,o Fucking sows 5.7.i® 0 2.> —(’utile— Few choice etorr* $lO 00® 11 2 , Prime ( oru-led steers. 1 000 to 1 800 lb- 9 00® 0.50 Cloud to choice steers. 1,000 to 1 100 !l> SoO® U.OO , io< *d to choice steers 1.000 to 1.200 lb 7.50 J 800 Good to choice steers. 1.000 to 1 700 lbs 0 00® 7.00 Common to medium steers. 800 to 1 000 lbs . 6 00® 7.00 —(owl and Hfiiffr*Choi,* to light hi-if-rs $ 9 00 4110 90 , ..<1 heavyweights 5? ~ Medium htfers JJuOg . -•> Common ,ow 0 00® 000 I Ka.r cows 0 00 U 7.50 Cutters ~ ViiS Hi. j Camiers 8.25® 3 <•> —Bitlii Fancy butcher built $ > r > Cood to uholcm butcher built 5.00 ftr ** , Bologna built 4..>0<i8 >.OO —< ill v***" ■ i Choice veils VoiLi lit no Good veals 10.00® 1 1.00 | Lightweight veals 7 50® sOO ■ Common v all 7 <*o® -’O Common heavies 6 00® ~00 Top 13-50 —Shfifip and Lainla— Fxtra cholro latnbw fl J 11? r 0 Hravy lambs • ? *)(>£, 10.<)■0 Cull lftm!> •• • • 5‘XaU 2 (niod tu chuice ewe ** 00'll 7.00 Cull* 2.00 cu .i.OO
Other Livestock KANSAS CITY. Dee. 11.—Cattle —Receipts .U.II1I0: calves. 5.000: very alow; no early ea: *: quite a few good to ehnico beef el era included in receipt*; weaker undertone prevailing on nil killing classes a few ally Stockers and feeder*. 80.50 t 7: louju weak to 15c lower Hog*—Receipt*. )■>,- 000- very little d'din; packers and shippers bidding 10 0 20c lower: on and arable butcher* $6 Ml bid on 240 to 200 pound averages; 190 to 200 pound avenges. $0,30 0 0.40: 130 to 150-pound average*. $5.0006: stock pig* steady: bulk, s6® 5.35. Sheep —Receipt*, 10,000 slow, early sales lambs about rlestly; early top led lot. $12.50: small bunches natives up to $12.25. EAST BUFFALO. Dee. 11.—Cattle—Re eeipts. 1,100: market slow, weak: shipping steers. $9 0 I 1.50: butcher grades. $7.50® 9 25; cows $1.50400.50 Calves—Receipts, 500; market, sipw. steady; culls to choice. $4 01.3. Sheep ami lambs —Receipts, 2 -UK) market, lambs slow, 25c higher, sheep active. 25®30c higher choice lanilm $1.3 ft 1 ,'t s(i: ev.lls to choice, sß® 12.50: yearling*. $8011: sheep, $.0850. Hogs— Receipts. 20,000: market, slow to 10e lower; yor o ra. $7; pigs. $7; mixed. $7; heavies. $7: roughs. $5.250 5.75. stags, $3.50® 4.50. PITTSBURGH. Dee. 11.—Cattle —Receipts Ught, market steady: choice. $9010; good. $8 0 8.05: fair. $5.76® % 00: veal calves, $1,3013.60. Sheep and lambs —Receipt* iirht. market steady: prime wethers. $7.25 07.60; good. $707 25; fair mixed, $5.50® 0.50; lambs. $9 0 9.60. Hogs—Receipts, 25 doub’o decks; market steady; prime heavy, $7.1007.15: mediums. $7.100715: heavy yorkers $7.1007.15. light yorkere. $0 90® 7: pigs. $0.50 00.75; roughs, S6O 5.75; stags. $304. CINCINNATI. Dec. 11.—Cattle—Receipts, 300; market slow, steady; shippers, $7.23 (it 9.25. Calves—Market opened steady and closed 50e lower: extras. $10.50012. Hogs —Receipts, 3.700; market active, steady: good to choice packers. $7. Sheep—Receipts, 75: market steady; extras, $4 0 5 60. Lambs —Market steady; fair to good, $12,50 0 12.75. In the Cotton Market Hu'Vnittfl Financial NEW YORK, Dec. 11.—3’he cotton market opened higher. December ~3.3.40 c, up 20; January. 3.3 75c, up 30; March, 3,3.80 c, up 40; May, ,33.40 c, up 40. RAY L HAMMOND SOUGHT Escapes from City Hospital After Sentenced by Court. Police worries over Ray L. Hammond, 32, formerly of 1337 N. LaSalle St., failed to end when he was sentenced to jail for thirty days and fined SlO and costs in city court last week. He escaped fro mtho city hospital Saturday night and 's still at large today. Hammond abducted his own children their mother, police said, following an affair in which his sister in-law. Hazel Morsch, shot him in the hip. At the hospital for treatments, he escaped from Patrolman Schrieber, by jumping out a window. Engineers’ Salaries Increased Two engineers employed by the sanitary board received salary increases on order of the board today. Arthur B. Morrill, assisting Charles Hurd, consulting engineer, received an in crease from $4,500 to $5,000. The salary of Arno S.efker, engineer at the power plant of the sewage disposal plant, was increased from $3,000 to $4,000.
Your Dollar Uncle Sam Tells Who Gets It,-
AUTO SPRING^ 60 j Cer?Ts I MaTer- & \ /\. Overhead I] \\ iat 5 / ZLyyyylj \ /Ceariyy Labo COWT-tOH-r isis ei r COOCM. WASH, D-C E< VERY automobile has springs, Jokes to the contrary notwith- \ standing. There are nearly twelve and a half million automobiles In operation in the United States today. The making of springs for them is a good-sized industry in itself. The automobile spring must he strong and resilient. Materials therefore, must be carefully chosen. According to the data of the United States government 60 cents out of each dollar which the spring manufacturer receives goes into his materials. Twenty-two cents is left to cover his profits, overhead and taxes. If materials were increased 5 per cent there would be an addition of 3 cents for each dollar now received by the manufacturer. A 5 per cent wage Increase would add one and one-tenth cents. NEXT—Furnaces. COLUMBUS (IND.) AVIATOR TO BE BURIED AT HOME Body on Way From Houston, Texas, Where Plane t rashed. 8 f nitril Pm* COLUMBUS. Ind.. Dec. 11.—The body of Capt. Emil Wagner, 25, who was killed In an airplane crash at Houston,. Texas, Sunday, was to ho brought to the home of his parents, Mr. and Mrs. J. O. Wagner, here today or Wednesday. Funeral arrangements will not be completed until the body arrives in Columbus. He was killed with his Hying companion. L. J. McLaughlin. 29. when a wing of their plane collapsed and the machine crashed 500 feet to the ground. $40,000 TRIAL DELAYED Ownership of Greek ( hureh Mill in Dispute. When Patrick F. McNulty, 646 Birch Ave., failed to show up today for jury service in Superior Judge Sidney S. Miller's court, trial of a lav. suit for possession of the $40,000 property of ire Greek Orthodox Church of St. Trias, West and New Vork Sts., had to be postponed, McNulty is one of the twelve jurors who must determine which faction is following the tiue faith of the church. The side proving Itself more orthodox acquires the property. McNulty has tunsilltls. Jgist wees the judge’s mother (lied. The trial started a week ago List Friday.
Marriage Licenses Frank r. Briisi, 22. 1290 Bate* Grace McCaun. 19, •.; Olive. Theodore R Brown 21,1206 Bates; Mary Kaufman, 19. Edg.swood Elza Brown. 21. 919 8. Alabama: Audrey Brown. 19. 1000 Hale* Boss I’otts, 22. Oil N Senate. Amy Montgomery. 19, Beech Glove. Daniel Talton. 23. Chicago: Vletla Williams. 21. 21 3 Martiuit.:!'. O. N. McLaughlin. 70. 2605 Prospect: M irv Divis 55 1032 8. Keystone. Thomas Pulliam. 22 1128 N. Missouri: Allbe Simpson. 10. 916 IU-dmon Births Bovs Charles and Virginia Hayne, 6006 University Leo and Irene Koran. St Vincent Hospital. Leo and Ania Slier. 2746 Madison. August ind Ethel Jacob. Long Hospital. Joe and May Brown 1821 S. Keystone. Girls John and Clenorie Robinson. 523 N. Riley. Karl and Margaret Colder, 14,32 S. Kappes. Claud and F eta Dcmaree. 2743 N. Adams. Adolph and Lillian Longere, 2103 Applegate. John and Mi’dred Olsen, 3040 N. Gale. Daniel and Lucia Weinbioohl, 415 Goodlet. John and Lola Taylor, .320 Koehne. Edward and Margaret Kelly, 711 N. Alabama. Dsaths Ralph .Tame* Henry, .33, 3020 Bhriver, cerebral apoplexy. Sarah A. Canlie’d. 79, 2009 W. Michigan, cerebral hemorrhage. Leah W. Cotterell, 33. Methodist llospita.l acute myocarditis. Infant Norris, 21 days. 4001 Pookwood. premature birth. Carl Sofua Jacobson, 49, Methodist Hospital, septic pneumonia. Kathryn A. Wise. 62, 655 E. TwentyThird, chronic bronchitis. James Eaknis, 47. Central Indiana Hospital. general paresis. Infant Turner, 1 hour. 2100 Alfree. premature biith. •Tames Johnson. 05, 433 Toledo, uremia. Eunice M. DeHarity. 27, 3741 Salem, pulmonary tuberculosis, Jacob L Highstreet, 02, 1120 S. Rando'ph. cerebral hemorrhage. Than a M. Eubanks, 48, 3456 Salem, chronic myocarditis. Rhoda A. Howson, 74, 2255 N. Alabama, lobar pneumonia. Hester A. Ray. 73. 973 Hosbrook. chronic interstitial nephritis. Harry Childs, 84. city hospital, chronic myocarditis Emetic Chappell, 37, Methodist Hospital, lobar pneumonia. Hershel George Owen*, 23 days. 1353 Udell, premature birth. Char’es Benjamin Criss. 47, Methodist Hospital .carcinoma. Dorothy May Wilkins, 13, West Parkview, pulmonary tuberculosis. Jane Jones, 83, 115 N. Harding, pulmonary hemorrhage. Carl Joseph Fory, 1, 2827 Indianapolis, heniiphilla. Building Permits Paul H. Kruess Company, sign, 32 S. Meridian, $1,250. Frieda Funke, addition, 354 E. Minnesota, $8)0. Mortimer Schussler, roof, Gardner lane and River. $.300. •Tames A. Hagerty, dwelling. 1907 Gent, $1 800. Robert Statehert, garage, 1840 S. Alabama. S4OO. C. J. Collins, garage. 328 Lesley, $450. Buck Lowe, garage, 13.34 Hoyt, S4OO. Thomas E. Quinn, furnace. 1244 Marlowe. SOOO W. X. Stace. double. 013 N. Bancroft, S6OOO. W L Staee, furnace. 613 N. Bancroft, $340. D. Estle. garage. 721 N. Bradley, SSOO. Kntherino Warren, garage, 1305 Spann, S2OO. T. A Mo.vnahan. apartment, Pennsylvania and Pratt. $400,000 Nina C. Mann, dwelling. 374 Beauty. $2,000. William Schnorr, repairs, 50 S. Butler, $2,667. John Lunsford, dwelling. 1630 Comar, $3,000. J. F. Cassebaum, shed. 902 E. Main, SSOO. J' F. Cassebaum, remodel, 902 E. Main, $2,500. C. E. Wright, reroof, 6633 Greenfield, $75. John H. Burrough, dwelling, 5133 Kenwood, SO,OOO. John H. Burrough, furnace, 5133 Kenwood. $260.
SHANK TO APPEAR IN COURT HEARING POLICEMEN’S PLEA Mandate Petition for Jobs Fought by Safety Board, Mayor Lew Shank was to be in Circuit Court this afternoon ready to testify in the hearing of a petition for mandate to reinstate Harvey W. Bedford and Arthur B. McGee on the police force, McGee, former police lieutenant, and Bedford, former patrolman, charge the mayor influenced the safety board to discharge them Sept. 25 on charges of neglect of duty and of insubordination as a result of going to Colfax, Ind., with a warrant for the arrest of a man they suspected of murdering Robert Watson. The man proved his innocence. On the stand, McGee testified he met three men and a former student of Technical High School who sUu they suspected a roomer at the Y. ,‘J. C. A. They would not give their information to the detectives, the McGee testified, because they said * two drunken detectives” had been assigned to the case. In his opening statement. Albeit Stump, attorney for the relators, declared the mayor had injected the Klan issue into the safety board ,riaj. City Attorney James Ogden, rep e senting the safety hoard said ‘ discretionary acts of public officials sc3 not subject to inundate under State laws.” \ The courtroom was crowded at tne morning session.
TEXT IS PREPARED Legion Headquarters Urges Community Service, An Americanism textbook, discussing every subject considered essential for an American to know is being prepared by the American legion National Americanism Commission. Gar land W. Powell, director, told adjutants today at the second day of the adjutants' convention at Legion headquarters here. The commission plans to place the hook In the hands of every post in the country. "The health and happiness of our people Is of vital importance to American Legion members,” said Russell O. Grevison of the national headquarters. discussing post activities. "LocaJ posts ehould promote playgrounds, all forms of athletics: in fact, every form of recreation which tends to develop the physical well being of our people.” E. O. Marquette, director of the I Legion emblem committee, discussed • protection and use of the emblem Other speakers: Morgan Keaton. California, and Eben Putnam, national historian.
POLICEWOMAN IN CHARGE Chief Kilihoff Says Mrs. Brewer Neglected Duty Charges of neglect of doty and absence without leave were filed against Policewoman Hettie Brewer, colored, with the board of safety today by Chiot Herman Rikhoff. The charges allege that Mrs. Rrowet left her district on two different ic casions Dec. 7 and went home. It is also charged her reports were not made out regularly. Jack V. Jolllffe, George W. Wright. Charles M. Carter. Robert L. Heirvy, Martin Fahey and James Farrell wore promoted to tmffismen on recommendation of C apt. Michael J. Glenn. The board promoted William L. Swan. Fleming Lindsey and Joseph A. Hickey to tegular firemen. They have served a month as substitutes. Two red traffic lights were ordered installed at the intersection of In diana Ave., Sixteenth St., and Sugar Grove Ava., Frederick Galbraith, fotmer national commander of the American Legion was killed at this point a little more than a year ago. FEES TOTAL $30,000 Court Orders Payment in Premier Receivership. Atomey’s fees of $15,000 as "a temporary allowance” was ordered paid the law firm of Ralston, Gates, Lalry, Van Nuys and Barnard, today by Superior Judge Linn D. Hay, for services as attorney in the re ceivership of the Premier Motor Com pan. The receiver, the Fletcher Savings and Trust Company, also received a fee of $15,000. The case is not settled in full, though assets were sold for $225,000. MUST SERVE SENTENCE John Part low Loses in Fight to Stave Law’s Hand. Orders to Sheriff George Snider for the commitment of John L. Partjow, president of the Partlow-Jenkins Motor Car Company, to the Indiana State prison were issued today by Criminal Judge James A. Collins. Partlow will serve one to fourteen years on a charge of receiving stolen goods. He was found guilty Nov. 20, 1919. Partlow was at liberty on an appeal bond to the Supreme Court. On Oct. 14, 1920, the Supreme Court affirmed the sentence and recently denied a second petition for rehearing. Albion Boy Missing Police today were asked to search for Floyd Quig, 19, Albion, Mich. Relatives said money was sent for the boy’s return, but that he has not appeared. Others reported missing are Norbert Sexton, 4, son of H. F. Sexton, 915 N. Rural Bt., and Mrs. Lottie Richter, 43, of 1251 Naomi St.
TERRORIST CASE TO JURY Man Is Identified by Woman in Attack Cleo Liggons. alias Henry Westbrook, colored, 618 Hiawatha St., was bound over to the grand jury under $1,500 bond by city court today. He was arrested Nov. 28 when, police said, they found him hiding in shrubbery’ at Walnut and Kane Sts. Mrs. Vina Frye. 614 Kane St., identified Westbrook as the man who had jumped at her from behind a hedge in North St., between Elwood and Wilson Sts., pulled her to the ground and bit her hand. STATE OUTLINES ITS DETENSE IN PHONE HEARING Four Points Basis for Attack Upon Granting of Permanent Injunction, The State’s case in the hearing on the telephone rate Injunction case before Judge William T. Page of Peoria, 111., in Federal Court was outlined by O. O. Shirley, attorney for the public service commission, in Federal Court today. The hearing is on a petition cf the Indiana Bell Telephone Company for a permanent injunction forbidding the ’commission from interfering with the establishment of a rate schedule higher than the one ordered by the com mission. A temporary injunction was granted recently by three Federal judges. Four grounds of attack on the company's* position were stated by Shirley. They were: 1. The valuation of the property of the company has been placed at too high a figure by the company. 2. The rate of depreciation should not be placed at more than 4 per cent. The figure given by the company wasi about 6 per cent. 3. Attacks will be made on the contract between the American Telephone and Telegraph Company, which provides for payment of 4* 2 per cent of the revenues of the local company to the parent concern. 4. General extravagance ln the management of the Indiana Bell Telephone Company. These same charges were made, substantially, at the time of the temporary Injunction hearing. Particular attention will be devoted to questions of depreciation and the American Telephone and Telegraph ; Company contract, Shirley said. He I said the two compmiee virtually : were one as practically all the stock | in the Indiana concern is held by the ! parent company. The American Telegraph and Telephone Company lie cahrged, collected far more money ; than Its services justified. Judge Page and Shirley entered ! into a lengthy discussion on the conj tract. "It is not enough to show that the j contract did not show good business ! judgment.” Page said. “It must be : shown that fraud entered into it.” B. G. Halstead, appraisal engineer, ' completed his testimony as to valua- | tions of the company’s property. He I was followed by Fred C. Dickson, rice ; president of the Union Trust Com- | pany. and Thomas D. Sheerin, investi ment broker. j They testified that bonds of a prosI perous. well managed utility must I yield about 6 per cent to attract inj vestors. On cross examination they i submitted that securities of the Indiana Bell Telephone Company never had been offered for general sale. C. W. Romine, rate engineer for I the company, submitted estimates of increased earnings of the company under carious rate schedules.
Radio Programs Wednesday Louisvi’.le, Ky.—WHAS (Central Standard Time) 4 P. M. —Concert. 4:50 P. M. —Local live stock, produce and grain market reports. 4:55 P. M.—Football scores. Talk on household economics. 7 to 9 P. M. —Concert, Reading. “An Interesting Historical Episode." Cincinnati, Ohio—WLW (Central Standard Time) 10:30 A. M. —Business reports. 1:30 P. M.—Business reports. 3 I’. M. — Grain and stock market quotations. 4 P. M.—Vesper program. 8 P. M.— Tenth Infantry band. 9:25 P. M. — Concluding selections by Tenth Infantry band. Chicago, 111.—KVW (Central Standard Time) 10 A. M.—Market reports. 11 A.M. —Market reports. 11:35 A. M. —Table talk. 12 M. —Market reports. 1 P. M. —Market reports. 1:20 P. M.— Closing market quotations. 2:15 P. M.—Late FnanciaJ comment. 6:30 P. M.—News, financial and final market and sport summary. 6:50 P. M. —Children's bedtime story. 8 to 8:58 P. M. —Musical program. 9:05 to 9:15 ■—Reviews of the latest books. Davenport, lowa.—YVOC (Central Standard Time) 10 A. M.—Opening market quotations. 11:05 A. M.—Market quotations. 12 Noon —Chimes concert. 2 P. M. —Closing stocks and markets. 3:30 P. M. —Educational program and concert. Lecture, "Edena and Its Causes.” 5:45 P. M. —Chimes Concert. 6:30 P. M. —Sandman's visit. 6:50 P. M. —Sport news. 8 P. M.— Musical program. 10 P. M.—Musical program. Schenectady, N. Y.—WGY (Eastern Standard Time) 12:30 P. M.—Stock market report. 12:40 P. M.—Produce market report. 6 P. M. —Produce and stock market quotations. 6:30 P. M. —Adventure story. Silent night. Detroit, Mich.—\V\VJ (Eastern Standard Time) 9:30 A. M.—-“ Tonight’s Dinner,” and a special talk. 9:45 A. M. — Health bulletins and talks of general Interest. 3 P. M. —Orchestra. 3:35 P. M.—Market report. 5 P. M.—Football scores. 12 P. M. —Orchestra. 7 P. M.—Orchestra and vocal seleftions.
BALDWIN SCORED FDR FAILURE TO RESIGN HIS POST Cabinet Meeting Is Called to Determine What Course to Pursue, By United Press LONDON. Dec. 11.—The British cabinet, it is understood, approved today the action of Premier Stanley Baldwin in deciding to retain office for the present. By United Press LONDON, Dec. 11.—Liberals and laborities joined today in bitterly excoriating Stanley Baldwin for his failure to resign immediately. The prime minister called a meeting of his cabinet for this morning at which, it was understood, it will be determine! definitely just what course Baldwin will pursue. A suggestion that the minister might decide to hold on and face parliament without a majority met with strenuous opposition from the iiberal and labor press. The ministers met with the premier at 10 Downing St. shortly before noon, at which time it was generally be Sieved they would approve his proposal to remain in office until parliament meets. FUND FDR HARDING SHRINE BOOSTED TO WIN DAY Dr, McCulloch Gives SIOO to Honor Memory of Late President, The Harding memorial fund in India napol.s was increased to more than $3,164.46 by subscr ptions received during the last twenty-four hours. This total does not include returns from Federal, State, county and city employes starting their drive. Dr. Careton B. McCulloch, Demo cratic candidate for Governor in the last camps gn and a candidate again last year, subscr bed SIOO. Members of the Hard.ng Memorial Association are enthus astic in their praise of the support the campaign is receiving from men of opposite political faith from that of the late President. Contributions of SIOO were reported today from J. S. Cruse, Julius Han- : son, Elmer W Stout. Kingan & Cos., i Mr. and Mrs. R. A. Lemcke and Albert E. Metzger. Outstanding among the contributors are many $1 subscriptions. John C. Ruckelshaus. a member of the general committee, was appointed chairman of a committee at the Columbia Club, of which the former President was an honorary member. Oscar J Queisser. secretary to Police chief Herman F. Rikhoff. said today that police members are displaying unusual interest In the campaign. He has sent for 1,500 additional subscription blanks. Additional subscriptions: Amount pn-vioupy reported ....$2,299.46 Dr. Oarleton B. McCulloch 100.00 It C. ShaneberstT 50.00 J S. Cruse 100 00 Julius Hanson 300.00 Elmer W. Stout 100.00 Kingan * Cos 100.00 Mr. and Mrs. R. A. Lemcke 100.00 Helen E Jacoby 5.00 Irene M iehel 1.00 Catherine Sehuck 1.00 Venita Kermodd \ 1.00 Fannie Smith 1.00 Harry B Dynes 10.00 B. H. Pritchard 1.00 Harry B. Thomas 1.00 Msrjaret M. Scott 2.00 J. C. Stipher 1.00 We lace O. Lee 1.00 E. U. Ralston 1.00 R. IT. Aire 1.0 L. M. Quill 100 Wm. E. Garrabrant 1.00 Mr and Mrs. P. C. Freeland 2.00 Aaron Wolfson 10.00 Nell Moore 1.00 Esther Geip 1 00 Josephine T. Wilson 1.00 A hert E. Metzger 100 00 A ice J. Lupear 25.00 Mr. and Mrs. Samuel L. King.... 5.00 C. J Parker. Jr 2.00 R. X. Buchanan 10.00 Mr. and Mrs. C. D. Robinson .... 2.00 A. B. Mundell 2.00 Arthur R. Carson 1.00 Oscar Hittle 1.00 Water N. Leonard 1.00 Wallace Buchanan 6.00 Austin Lewis 1.00 A. J. Cahill 1.00 I). R. Battv 1.00 P. H. Wolford 1.00 H. B. Gray 1.00 Bertha B. Byrkit 1.00 Laura E. Risener 1.00 Jessie It. Matthews 1.00 Della T Edward 1.00 C. VV. Kuetemeier 1.00 V. E. Jackson 1.00 Aaron Stern 1.00 J. W. Antherton 5.00 New total $3,184.46 WILL OF DR. EDENHARTER Salty Deposit Box to Be Opened by Samuel Montgomery An order to open the safety deposit box of the late Dr. George F. Edenharter, superintendent of the Central hospital for the insane, was given Samuel Montgomery, county Inheritance appraiser, today by Probate Judge Mahlon E. Bash. Attorneys representing the heirs will be present at the opening to see if there is a. will. The safety box is in the Indiana Trust Company bank. ORPHANAGE BIDS READ Offers Taken Under Advisement by Commissioners Seven bids on the proposed Colored Orphans’ Home at Twenty-fifth St. id Keystone Ave. were opened today • county commissioners. That of Spiegel & Brown for $93,115 on the general contract, was the lowest. Strong Brothers bid $15,382 on the heating, and $13,332 on plumbing, both of which were low. Commission ers took the offers under advisement. They n.ave $140,000 to spend. Man Hurt by Train; May Die By Times Special VALPARAISO. Ind., Dec. 11,— F> unk Williams, living near here was probably fatally injured when he was struck by a Pennsylvania freight train at a crossing here Monday.
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