Indianapolis Times, Volume 35, Number 182, Indianapolis, Marion County, 13 December 1923 — Page 11

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ALL GROUPS JOIN IN RECOVERY OF * GENERALEIARKET Trade News Particularily Bullish for Steels and Motors, The WALL STREET JOURNAL NEW YORK, Dec. 13.—Trade news wheh came in over night was extremely bullish, especially with regard to the motor and steel industries and these classes of stocks showed marked buoyancy in the early dealngs on the stock exchange today. Reports from the various steel centers regarding bookings were particularly favorable and Steel common moved up to 96 at the head of the movement among the Bteel shares, while Studebaker's sharp spurt to new high ground on the movement at 1071a was the outstandng feature of the motor group. First Hour Operations for the rise broadened as the first hour progressed and by ‘ II o'clock the forward movement was in full swing in practically the whole ’ list. Public utility issues were enlivened by special strength in Brook-lyn-Manhatcan Transit issues, while • strength in General Motors induced ■buying of Dupont, which reached new High ground on the movement. The Hoppers displayed increasing activity and the oils made satisfactory re- ' sponse to further indications that the Oil situation had turned for the better. Second Hour Bullish activity was a basis for further momentum in the late morning and operations for the rise proceeded in a broad group of industrials with the vigor of the movement fully equal to anything seen since the present recovery got under way. Among the issues favored were Cast Iron Pipe, Mack Truck, Davison Chemical, Spicer Mfg„ American Woolen, Corn Products, Studebaker and Baldwin. The background for this buoyancy was supplied by the - financial soundness winch was best exemplified by the revival of the demand for steel products. Noon Hour . Nothing occurred in the noon dealings to check the advance of whole groups of stocks that had shown Signs of recovering in the early deal,n ,s. .vs new .avenires were brough' forward, the general list had the appearance of complete response to the better sentiment prevailing in the community at the approach of Christmas time. Rumors of new bull movements embracing .. special favorites kept the day-to-day traders on the alert and many lost no time in making commitments when certain stocas gained strength. Fourth Hour H Trading maint.uned a rapid pace in early afternoon as the op-, rations for the rise sprtsnl to new favorites. Houston Oil gained more than 4 points to 65% in response to the bringing in of new gas wells. Industrial Alcohol moved up 2 points to 65% on the revisa.l of reports that the common dividend resumption was not far off. Some comparatively’ large blocks of InterV" '"•nmbustion Kngine made their appearance at 34%, a fraction n. . , c—s were one of the l,uoya: ■ groups, sharp advances taki- CuV> Cane. Punta-Alegre and American Beet Sugar. ... industrial stocks on Wednesday averaged 94.11, up .46 per cent. Twenty active rails averaged 81.17, up .36 per cent.

Local Bank Clearings Indianapolis bank clearing* Thursday were $3,391,000. Bank cebits were $5,628,000. New York Money Market By United Financial NSW YORK. Dt- 13.—Time money quiet at 5 tc 5 % p--r rent. Commpnal paper market quiet at 4% to 5 per i*nt. Foreign Exchange By United financial NEW YORK. Dec. 13—Foreign exchange lower ateriins. di Rmnd >4.10% ab *. $4 36%. France, demand. 5.31 c cable*. 5.31 %c. Lire, demand. 4 14 ic; cables. 4.35 c. Bclgam*. demand. 4.58 %c; cable*. 4.59 c. Mark* 4 trillion to the dollar Ciecho, demand 2.9.te: cables. 29 -e Swiss. demand, 17 43c: cMil-s. 17.45 c. Guilders, demand, 38.15 c: cables. 38 18c. Pesetas, demand. 13.01 c: cables. 13.03 c. Sweden, demand 26 30. 28.34 c. Jtarway d-rnar.il. 14 96c: cables. 15.00 c cimark, dec and. 17 94c: cable* 17 98c. CITIES SERVICE ISSUES FEATURE CURB TRADING Standard of Kentucky Also Stands Out Among Oils. By United Financial NEW YORK. Dec. 13.—Pronounced strength in the Cities Service securities was a feature of the irregular trading that characterized the curb opening today, the common advancing 2 points to 141. The Bankers shares were carried to a high of 14 V while the preferred repeated at 67 Os the oils. Standard of Kentucky stood out. regaining its dividend of $1 on the first sale at ICOH. New York Central Railroad subscription rights opened 4c higher at 5Sc and later sold at C 3c. . It was announced that Magnolia Petroleum Company and Humble Oil and Refining Company have advanced crude oil prices in Texas 10 to 25c j. barrel. CHAMBER SITE DISCUSSED Building Committee to Make Selection of Location Soon. Members of the Chamber of Commerce building committee today dismissed further plans for the new building site. It is understood the committee is considering three or four sites. The selection will be made soon. Charles F. Coffin is chairman. Other members: Henry’ L. Dithmer. newly elected president; J. I. Holcomb, L. C. Huesmann, Dick Miller, W. J. Mooney and Frank Wampler. In the Cotton Market By United Financial NEW YORK. D*o. 13.—-Cotton market •pened higher. December. 36c. up 15: Jenaary. 35.25 c. up 35: March, 35.55 c, up 15; May. 3rte. up 60.

New York Stocks (By Thomson A McKinnon) —Dee. 13—

Railroad*— Prev. High. Low. 12:45. close. Atchison ... 97 H 97 % 97 % 97 % B & O 59 % 59 % 59% 59% CA O 70 % ... 70 70 % C & N W Ry 52% 51% 62 51 C R I S P. . 23 ... 52% 22% Erie Ist pfd 29 ... 29 V 29%: Gt North pfd 57% 56% 57% 56% Lehigh Val. . 62 % ... 62 % ... N Y Central . 107 106 106% 106% North lac... 5.7% 62% 53 52% Pere 51ara.. 42% 42% 42% 42% Penney 42 % . . 42 % 42 % Reading 78% 78% 78% 78% South Ry .. 37% 37% 37% 37% St Paul pfd. 33 % ... 33 % 23 % Union Pao .128%. ... 128% 127% Wabash pfd. 35% ... 35 34% i Rubbers— Kelly-Spring. 33% ... 32% 33% U S Rubber. 39% 39 39 38% Equipment*— Amer Loco.. 72% 74% 72% 73% Ba d\v Loco .126% 125% 126% 124% Gen Elec.. .198% 197 197% 197 Lima Loco.. 66% ... 66% 65% Pullman ...124% 123% 124% 122% Westh Elec. 01 ... 61 00% Steels— Bethlehem... 53% 53 53 52% Cru.-lblo 67 60% 07 06 Gulf States. 82% 82 82% 81% R. I. & Steel 48% .... 48% 48% U. S. Steel.. 96% 95% 96% 95% Motors—• Am B Mag.. 38% 38 3814 37% Chandler M.. 08% 07 08 67% Gen. Motors.. 15% 15% 15% 15% Max M lAI 50 48% 49 48% Max M (B) . . 14% 13% 14 Mack Motor.. 90% 88% 90 88% Studebaker.. 108% 107 108 100% Stromberg... 82 % .... 81 % 82 % Stewart W.... 91% 90% 90% 90% Timken 39% 39% 39% 39 WUlys-0 11% 10% 10% 10% Oils— Cal. Petrol... 24% 24% 24% 24% Cosden 33% 32% 33 32 % I Houston Oil.. 05 03% 64 01% Marland Oil. . 34% 32 33% 34%

GRAINS IMPROVE IN EARLY IRAOE Strong Outside Markets Effect Wheat Prices, By United Financial CHICAGO, Dec. 13. —Grains were fractionally higher at tho start of trading on the Chicago Board of Trade today’. Strong and sharply higher outside markets, together with unfavorable weather over the domestic belt, create! bullish sentiment In wheat trade at the opening Buyers took hold eai y when cables showed a fractional up turn at Live: pool and advances scored in Argentine at the close Wednesday. Corn met good local buying. Strength in wheat was carried to this market. Unfavorable weather a’fo played a feature role, Ohio, Indiana. Illinois, and Missouri having received too much rain the past few days. Barger receipts than expected. h<>w ever, checked the early bullish sentiment. Oats displayed better speculative demand, due to low prices and heavy farm consumption, together with a rapidly decreasing visible supply. Provisions opened higher with nogs and strong cables. Chicago Grain Table Ai 11:45—Dec. 13 WHEAT— Prev. Opra. High Low. Close close. Tec... 104% 1.04% 1.04% 1.01% I<'4% May. 1.09% 109% 109 1.03% 109% 109% 109% July 107% 107% 100% 1.07 1.07% CORN— Deo... .72 .72% .72 .72% .72% May.. ".74 .74 .73% .73% >73% 73 % .73 % July.. .75 .75 74% .74% .74% OATS— Dec 43% .43% 42% .42% .42% May.. .40% .46% .45% .45 % .45% .40 July.. .44 43% .43 % CHICAGO. Dee. 13—Car lot receipts: Wheat, 16; corn. 401: oats. 59; rye, 6.

Grain Briefs

CHICAGO. Dec. 13.—The situation is slow y improving, but the surp'us sttH is a mi.estone around the farmer's neck, anil unis* the Eurojiean situation improves our condition cannot materially change, a leading operator declared. Despite a quitt flour demand. Northwestern millers show no disposition to shade prices. Recent rains interferred with com husking in parts ot Elinols, Indiana aud lowa and ea-lern Oklahoma, the weekly Government report doe ared. adding the winter wheat crop is genera : 'y satisfactory. A good demand for Canadian wheat for shipment to Japan exist-:, according to rumors floating around the pit. Imports into the United Kingdom in November increased 5.984 000 pounds, while exports decreased 723.000 pounds, as compand with last year. It wou'd not be surprising if the Government final crop figure* next week woo and show reduced yields, espe-aally in north-we-tem districts, on account of field* abandoned as not worth thrashing. Price Current said. Local Wagon Wheat Local mills and elevators are paying $1 for No. 2 red wheat. Tank Wagon Prices (Gasoline price* quoted do not include State tax of 2c a gallon). GASOLINE —Energee. 16c a gallon: Purol. 12.3 c; R‘d Crown 12.2 c Target. 12.2 c: Si : ver Flash, 16c Slandolind aviation 10 08c. KEROSENE—Crystallne. 10 75c; Moore Light 15 >■ Perfection, 10 75c. NAPTHA—Lion Power cleaner*. 25.1 c V. M. Sc P.. 22.1 c: Standolind cleaners. 22.8 c Dressed Beef Prices Whclesa'e seeing prices on dressed beef. Swift 4 Cos.: Rlb^—No 2. 30c: No. 1. 17c. Loins— No. 2. 2*>e: No 5. Hit. Rounds—No 2. 20c: No. 3.15 c. Chucks—No, 2, 13c: No. 3.10 c. Plates—No. 2. 8c: No 3.7 c. Cloverseed Market l>x*a! df'a , '*r c ar** paying: $7 a hue he! for c’ovrr^erd. HOUSE OWNERS, NOTICE Paint* and Labor Not to Advance in Cost, Says Association Head Going to have your house painted in the spring? Here’s good news: It’s not going to cost any more. Prices of material and labor will not change, according to present indications, U. G. Case, retiring president of the Indiana State Association of Master House Painters and Decorators, said today at the fifteenth convention, at the Severin. New officers: M. U. Clark, Ft. Wayne, president: Charles H. Redam, Indianapolis, vice president; Herbert Ahernathy, Vincennes, second vice president. C. H. Norman. Indianapolis. secretary-treasurer, and O. S. Jones. Ft. Wayne, member of the International executive fcoard, retained their positions.

12:45 Prev High. Low. p m. close. P-A Pete 01% 60% 61% 61% P-Am. P (B) 59% 58 58% 59 Pure Oil .... 18% 18 18% 18% S. Oil of Cal 50% 56% 60% 56% S Oil of N. J. 3.” % 35% 35% 35% Sinclair .... 23 % .... 23 23 Texas Cos 41 % . 41 40 % Minings— Gt. No. Ore.. 29 38% 29 19% Int. Nickel... 14% 14% 14Vi 14% Coppers— Am. Smelt... 58% 58% 58% 57% Anaconda ... 38 % 38 38 Vi 38 Kennecott . . 34 % 34 % 34 % 34 % Industrials— Allied Chem.. 67% 67Vi 67% Ad Ruuiely.. 8% ... 8% American C.. 105% 104% 105 104% Am Woolen.. 75% 74% 75% 75 Coca-C01a.... 75% ... 75% 75% Comp & Tab 88 ... 87 % 87 % Cont Can.... 50% 50 50% 49% Davison Chem 81 Vi 78% 80 V* 77% Fam Players. 71% 09% 71% 70 Gen Asphalt.. 35% 34% 35Vi 34% Mont Ward.. 24% 24% 24% 24% Nat Enamel.. 42% ... 42% 42% Sears-Rbuck. 84 ... 84 83% U 8 C Iron t* 57% 55% 57% 55 U S Ind A 100 04% !)*, 64% 03% Utilities— Am T and T. 126% 126 V* 120% 126% Consoli Gas... 58% 57% 57% 57% People s Gas. 98% 98 90% 96 Shipping— Am Int Corp. 23 23 23% Int M M pfd. 29% 29 29% 29% Poods—■ .4m Sugar... 56% ... 50% 56 Am B Sugar. 40 ... 4040% Com Pr0d...145% 144% 145% 145% C C Sug pfd. 50% 56 56% 55 Vi Cub-A Sugar. 32% 32% 32% 32 Punta Alegre. 55 Vi 54% 55 V* 54 Tobacco*— Am Tobacco. 149’* ... 148% 150% Tob Prod B. 74% 73% 74 Vi 74

Your Dollar Uncle Sam Tells Who Gets It,

CHOCOLATE rs^\( Metre r- 6 Cents, ji 2O' -J^abor-// \\ . _i_ Ceo ra \ ieJ3 Profit 8< 7 \ Overhead // /r>c/cec// jy fIIOMY *v P COUCH, WASH , o c I. r OU eat pounds of chocolate I Y j every year. It comes In chrxo- • 1 late candy, ice cream, cake and in the hot cocoa that you have for break aft or lunch. The chocolate maker has to pay 74 cents out of every dollar he receives for his materials. Ch*colate, or the cocoa beans from which It Is made, come from the tropics and so most of the 74 cents goes abroad e labor of making the chocolate Into edible form tak6s 6 cents out of each dollar. There is then left 20 cents to the manufacturer to care for his overhead and taxes and pay himself a profit. A 10 per cent Increase In the cost of materials would add 7.4 cents to every dolar the manufacturer must ask for his product. A 10 per cent wage increase would add six-tenths >f 1 cent. NEXT: Steel. Produce Markets INDIANAPOLIS. Dee. 13—Fresh eggs, loss off 43c; p-*, king stock butter, 28c; spring* over 2 lb*. 18c fowls, -t % lbs UP. 21c; fowls, under 4% lbs., 17c; Leghorn lou‘try. 25 per cent discount: cocks, 10c; young tom turkeys, 12 lbs. up. 25c: young hen turkeys. 8 lbs. up. 25c; o.d tom turkey* 20c; ducks. 5 lbs. up. 16c; geese 10 lbs. up. lflc; squab*, 11 lbs. to tbe do*., 55; young guineas. I % lbs. to do*.. $7; old guineas, do* 45 rabbit*, drawn. No 1. do*., $3. Indianapolis cri amine, are pay ing 54c per lb for buttorfat. CHICAGO. Dec 13.—Blitter—Receipts 4 983; creamery e; tra 53e; standards, 49c; first. 45% < ft47%c: seconds. 42<ti 43 %r. Erg*—Receipts 1.896: ordinary firsts 34 fit 38.•: firsts 41 fit42c. Cheese—'Twin*. 23 %o: young America* 25%c. Poultry—Receipts. 5 cars fowls. 14®20%<-: ducks 18c geese 17c; springs. 17 %c: turkeys. 20c; roosters. 12%q. Potatoes —Receipts 417 cars; Wisconsin round whites, $1 (if 1.40: Minnesota arid North Dakota K<si River Ohio* Vl'w 1.15; round whites, 90cfit $1.05: Minnesota russets $1 35: Michigan round whites. $120: Idaho russets $1 05fit 1.75. CLEV’EI.AND. Dec 13—Buttei Extra, in tub*. 57r.i 59c; extra first* 50® 58c: firsts. 65 V 67’: packing stock, 32 ® 35< - ; stand rd. 55 ((i 57c: prints le extra. Eggs—Fresh hi r .1 northern fxtr.is, 47c: extra firsts, 45c; Ohio firsts. 42c; western firsts. 42c. •oiiltry—Live fat low's. 24c; springers, 20 fi2l.-; Leghorn fowls, 15© 10c: old roosters. 14 ’u 15c: geese. 21 fit: 23c; h-.-av v white 20c; medium fowls, 2041220: light. 134114 c. ’ofttims— Michigan round white. $2.25 per 150 pounds; Ohio. $14)1.15 per iSO pounds: Minnesota whites, branded, $2.25 per 150 pounds: New York. $2,604)3 per 150 pound*. NEW YORK Dec. 13.—Flour—Firm and quiet Pork—Quiet, mes*. *25 50r20 50. L;,rd—Dull; Mid West spot 813 25013 35. Sugar—Raw firmer, 7.41 c; refined dull; granulated. 0.05 4i 9 15c. Coffee—Rio spot, lliail %<•; Santos No. 4. 15@15%c. Tal-OW-—Quiet: special to extra. 7%@7%0. HT —Firm: No. 1. $150: No. 3. 81.15(ft 1.25. SI. 15411.30, Dressed poultry—Firm; turkeys. 20@43e; chii'kens. 19044 c; capon*. 25 r x 48c; fowls. 13fi 30c: ducks. Long Island 20fit28c. Live poultry—Firm. fosse, 22®20e; ducks. 144530 c, Jowls, £24/ 32c: turkeys. 25 0 32c; roosters, 15c: chickens, 21024 e: broilers, 36 4142 c. Cheese—Easy: State whole mi k, common to special, 20 4t 27c: State skims, choice to specia!*, 160 19c lower grades. 5015 c. Bulter—Woak ; receipts, 9.394: creamery extra. 34 %c; special market. 55@55%c; State dairy tubs. 404 t 64c. Eggs—Steady: receipts. 9,363; nearby white*, fancy. 04c; nearby State white 484t04c; fresh firsts to extras. 460 60c: Pacific ooast. 4H4£63c; western whites. 48004 c; nearby browns, 01®68; Danish. 63 4) 54c; Argentine, 414) 45c. CHRISTMAS GIFT FOR VET Civil War “Elfor” Given Temporary Release by McCray. Governor McCray will allow Henry Romine of Jennings County, only Civil War veteran in the Indiana State prison, to spend Christmas day with relatives. Romine was sentenced to life imprisonment following conviction on a murder charge in 1913. Governor McCray previously has allowed Romine temporary paroles during G. A. R. encampments. BEEKEEPERS IN SESSION C. O. Yost Presides in Annual Meeting at Statehouse. Frank X. Wallace, State entomolo gist., was named chairman of the elections committee of the State Bee keepers' Association, In annual meeting at the Statehouse today. Frank C. Pellett, editor of .he American Boe Journal, spoke. C. O. foet. State apiary inspector, presided.

A lllu -L-> U.LIAO X JLAiXLoO

PORKERS CONTINUE DECIOEDRECOVERY Average Cost of Hogs 15 Cts. Higher—Receipts Ligty, Dec. 250 300 lbs 200-225 lbs. 150-180 lbs. 7. 0.90® 7.00 0.804) 6.90 0.75® 0.85 8. 680(8 7.00 0.85® 090 6.80(8 0.85 30. 6.85 <*( 0.90 0.80(8 6.85 0.75© .0.80 11. 0.754) 6.80 0.705 t 0.75 0.05® 0.70 12. 0.90 m 7.00 0.80 4} 685 0.75® 0.80 13. 7.00® 7.15 0.95® 7.05 0.90(8 0.95 The average cost of all good hogs jumped 15 cents in trading at the local livestock market today as the direct result of light receipts of 10,000 and a strong demand for shipping account. In isolated cases, sales might have been as much as 20 or 25 cents higher, but the general tenor of the market suggested a flat increase of 15 cents. Accordingly, the top Mias increased from $7 on Wednesday to $7.15 and lights sold up from, though generally at $6.90, compared with $6.75 up on previous trading. Medium and mixed hogs sold 'between $6.95 and $7.10, according to weight and quality, while the bulk of sales was made between $6.90 and $7, compared with $6.75 to $6.90 on Wednesday. Sows reflected the general increase by selling strong to 25 cents higher at $6.50 down, but pigs, due to lack of competition. sold generally steady at $6.50 down. The day’s prevailing prices showed gains ranging from 25 to 35 cents over Tuesday’s market and were the highest for more than a week. The decided recovery of the past two days has been directly attributed to much lighter receipts locally. Dullness again prevailed In the cattle market In which trading was at a slow pace and in which prices continued to manifest weakness on the common and medium grades of offerings. A fairly large carryover Wednesday left a goodly number of cattle In the pens over night and brought the day's receipts to 1,200 head or more. Veal prices regained part of the week’s $2 loss by gaining a half dollar to a top of $11.50 for choice calves, while tho bulk sold from $10.50 to sll. Receipts 400. Prices for lambs showed a loss of a half dollar at sl2 down while sheep were steady at $6 down. Receipts, 350. —Hor*— Choice llebts $ 0.9048 6.95 Llkht mixed 0 954) 700 Medium mixed 0 95® 7 10 Heavyweight* 7.000 7.15 Bulk of sale* 7 15 Firs 000 4* 0 50 Packing sows 6.00 0 6 50 —CattleFew eholee steer* $lO 00 © 11 00 Prime corn-fed steer*. 1,000 to 1 800 lb* 9 004* 950 Good to choice steer*, 1.000 to 1 10(1 Ih* 8.50® 900 Good to choice *teer*. 1 000 to 1 200 lbn 7.50 0 800 Good to choice *teer, 1.000 to 1.700 ib 600 a 7.50 Common to medium ulcer*. 800 to 1.000 lbs , 6 00<3 7.00 —Cow* and Heifers— Choice to light heifer* $ 9.00® 10 00 Good heavyweight* 7 25® 9 00 M'dium heifer* 0 00® 7.25 Common cow* 300 42 600 Fair cows 6 60® 750 Cutter* 2 75® 3.25 Canners 2.25® 3.75 —null*— Fancy butcher bull* $ 5,00 4* 6 00 Good to choice butcher bull*. 5 004* 6.50 Bologna bulls 4.50® 500 —k’slVß* Choice veal* $lO 00® 11 50 Good vea’. 9.004210.00 T.i rht weight veal* 7 50® 8 00 Common veal* 7 00® 760 Common heavies 6 00® 7 00 Top 11.50 —Sheep and Lambs— Extra choice lambs $10,004*12 00 Heavy lambs B.oo® 10.00 Cull lamti* 509 4, 700 Good to choice ewe* 4.00® 700 Cull* 2.00® 3.00 Other Livestock CHICAGO, Dec. 13.—Hogs—Receipt*, 47.000 market, 15 6 hoc tip on ■*6 604/ 6.80; heavyweight. $6.7506 90. medium $0 054/0 90 light *'■ ‘irtil *0 4i 0.00; heavy packing smooth. $0 50 4*6.70 packing rows, rough. $0.20/) 6.50: killing pigs. .$5.5000.25. Cattle— Receipts. 12.000. uneven; led yearlm, * .mil haudvweight steers fairly active, steady to strong: top handy weight steers $1250 most yearling* M 0 fit 11.50; good to choice weighty steer*. $10.25: most short fed heavy steers weak at week's decline; bulk qtta.ity and condition to sell at sß® 9 50: killing quality plain run Included moderate holdover supply: especially short fed weighty steers ami lower grade she-stock; vealers 25c off: light Stocker* dull: others steady: bulk v 'alert,. $9.50 and below: fairly well conditioned stoeker*. $4 50 and below m -aty feeder* $7 50. Sheen—Receipt* 20 000; market, slow, fat lamb* weak to lower; sheep and feeding limbs weak good handyweight tat ewes. $7.50. medium feeding lamb*. $11.25. EAST BUFFALO, Dec 13.—Cattle—Rectipl*. 075 market slow, steady, shipping -tcere, $0,504(17 butcher grades, $7,764$ 9.25; cows $1 50 4)0.50. Ca ves—Receipts. 150; market slow steady: culls to choice. $3 5044 12 50 Sheep nad lamb*—-Receipts. 3,000 market slow. 75c lower; sheep active and stcaddy: chonv lamb*. Sl3 Mi 13.76 il ls to ehoLie. $1504*12.50; yearling*. #8 ®ll : sheep. s3® 8.50. Hogs—Receipts, 10,400; market slow, steady: Yorkers. $0.75 fr*7: pigs. $0 75 mixed $7(97-10; heavies. $74*7.10; roughs. $5.2505.75; stags. $3.50 04 50. EAST ST. LOUIS. Deo. 13—Cattle— Receipts. 2,000; market low on beef steers; native beef steers, $9.75 up: yeaning* and heifers. $9 50 tip; cow*. $3.7505; canners and cutters, $1 000 2.16 calves, $9,500 10: etockers and feeders. $4.75 00. Hogs —Receipts, 9,500: market active, 25c to 35c higher: heavy. *0.8507; medium, $0.86® 7 10; lights. $04007; light lights. S6O 0.85; packing sows. $5.900075 pig*. $5.75 00.00; bu'K, $0 0007. Sheep—Receipt*. 1,000; market low. Mdding lower: ewe*! $3.5006.50: canners and cutters, $103,50; wool la-mbs. $10.75 012.75. PITTSBURGH, Dec. 13.—Cattle—Receipts. light market, elow: choice, $9.25® 10: good. $8 2508.75; calves, $l2O 12.50. Sheep and lambs—Receipts. light; market, steady; prime wethers, $7.50 ® 7.75: good, $707.25; fair mixed. $5.50 fit 0.50: iambs. $10013.23. Hogs— Receipt*. 35 dd: market. steady prime heavy, $7®7.15; mediums. $7®7.16; heavy yorkers s7® 7.15; light yorker*. $6.75® 0.90: pig*. $6.5000.75; roughs, $5.2500; stag*. $3.500 4. CINCINNATI, Dec. 13.—Cattle—Receipts. 1.400; market steady to glow weak; shippers, $7 75 09.25. Calves—Market steady: extras. slOOll Hogs—Receipts. 7.000: market active, strong to 6 4410 c up; good to choice packers, $7.10. Sheep—Receipts, 750: market steady; extra?, $4 50 05.50. Lambs—Market steady; fair to good, sl2 50 013.

BRIDGES ARE IN BALANCE C ounty Officials Wait I pon Decision of City Administration. Failure of the city administration to notify the county whether it will build anew White River bridge at Kentucky Ave. today caused a consultation of county councilman, county commissioners and the county auditor to be called for Friday. The officials will consider advisabllty of letting a contract Dec. 19 for a Delaware St. bridge over FallVCreok or waiting until the city announces plans to build the river bridge. When county councilmen appropriated $210,000 for the Delaware St bridge they said they did it with the intention of revoking the appropriation unless the city promised before Jan. 15 to attend to the river bridge.

SMOKE INSPECTOR TO START GIVING NOTICES AT ONCE / ________________ Council May Hold Up Action on $3,000 Salary Bill for 1924, Hubert F. Templeton, new asisstant chief smoke inspector, was preparing to send out notices of violations of the smoke ordinance to owners of downtown plants today. Following* a conference with Francis F. Hamilton, building commissioner, who has charge of enforcing the ordinance, Templeton decided on immediate action on the worst violators. The ordinance provides that if the violation is not abated within three days after the first notice, a second notice shall be sent. If the second notice is ignored, the inspector within three days shall re-inspect the entire plant ordering changes to abate the evil. If the nuisance is not abated, penalties of $5 to SSOO fines are provided with each day a separate violation. Fred Beck, present city smoke inspector will continue as an assistant to Templeton. In addition, Hamilton promised to detail as many building inspectors .as possible to smoke work. Councilmen may delay action on an appropriation of $3,000 for the 1924 salary of Templeton, who was appointed against the recommendation of teh technical advisory committee by the safety board. The council meets Monday night. “We provided the technical committee to keep this appointment out of politics, and apparently the wishes of the committee were not followed,” said Councilman Walter W. Wise, president pro tern. Wise was not sure what action he would take. FALLING PRICES, BEffi’FORECAST (Continued From Page 1) said if the engineers have difficulty in obtaining facts thrne books of the Independent companies will be subpoenaed. Taylor E. Gronlnger, city corporation counsel, one of the attorney's on the commission's side of the ca 1 0, asked 13-mis to estimate the value oi the service of the American Telephone nnd Telegraph Company to the Indiana company. The Indiana com pany pays 4% per cent of its gross income to the parent company. Judge Page held this was a matter for ihc court to decide and the question Wus withdrawn. The payment to the American company always has been one of the principal subjects of controversy In telephone cases. Marriage Licenses J A. Bennett, 52. 309 Dougla*: tiara B. Pa*!e.v. 54 019 $ Laurel. W L Boggs 22, Brownsville, lud.; Hazel Mewing 28 014 N. East T. A Shields, 07. 712 W. New York Sylvia I.ee. 59. 1826 Arrow. L W Kruse. 25. 824 N Delaware; Irene Lew *ll, n. 20 2030 Broadway D I, Grubb*, 21. 804 Warren. Ida Carr. 20. 2213 N. New Jersey. C O Barnes, 85. Muncio, Ind.: Nora Dominick, 20, 534 Lowell. J M Anton. 49. Put In Bay. Ohio: Ada Brush 49. 703 Congress J Vi Kilgore, ;;8 815 N Jefferson; Marie Owen, 26 4301 F Washington E. E. Tliaute. 21 Denver Colo.: Emma Rhode*, 10, 1715 S. Keystone. K E. Roberts 27, 2403 Jackson: Edith White, 20 513 W Merrill A L Willis, 28 1044 N. Mount; Lavlna Ackerman, 23. 1625 Sturm. D C Alison. 21 250 N Keystone; Cecil Franklin. 18. 1110 Church. Births Volney and Fern Mason. 515 E. Ohio Edward and Marie Bolder Methodist Hospital. Walter and Ethel Brannon, 1824 Hazel. Henry and Clara Lane. 543 Birch. Clyde amt Gladys Ward. 1175 Reid Place. Mnhlon and K’sta Myers. 900 King. John and Minnie Lee. city hospital, William and Justina Dennison, city hospital. Auabery and Anna Johnson, city hospital. Bo;, s Frederick anil Anna Harrison. Methodist Hospital. Edvard and Myrtle Timb*. 1054 W McCarty. Harold and Goldie Kelthloy, 1080 S. Keystone. Ralph and Fern Henry. 3020 Shriver. Frank and Flora Bsi*<iers 1151 Knox Basil and Nellie Mor!ord 1430 Oimber Charles and Mary Heatheo, 5142 Maple Lau". Clifford and Margaret Estell, city hospital. Twins James and Siella Dickson, Methodiat Hospital girl and boy. Deaths Mary Jane Calvin. 86, 59 N. Audubon, chronic myocarditis. Aaron T. Tandy. 36, Provident Hanatarium, uremia. Luella Jane Stephenson, 60, 1200 N. Tuxedo, pulmonary tuberculosis Flora Ross 8 days. 810 Edgemont. enteritis. Sidney Baker, 39, city hospital, marasmus Thomas Kearney. 76. St. Vincent Hospital, chronic myocarditis Eulah Dimmitt, 23. city hospital. septicaemia. Robert Cobb. 40. city hospital, chronic nephritis. Jennie Estelle Caldwell. 65. 3338 Guilford acute dilatation of heart. Alice H. O Keefe, 05, 412 N. Tibb*. cerebral apoplexy. Anna Mary Enders, 77. 2421 Coyner, cerebral hemorrhage. Lena Southard. . St Vincent Hospital. fractured skull, accidental. Albert Henry Ott. 2 days. 1523 Barth, marasmus. A’fred Blnher, 37, Methodist Hospital, cardiac embolism Silas Joshea Doty, 7JI, 737 Shelby, arterio sclerosis. Sarah Rothermell, 48, city hospital, acuta nephritis. State Insurance Audit Examiners for the State board of accounts will complete audit of books in the office of Thomas S. McMurray, State insurance commissioner, in a few days.

Here Are Anti-Smoke Tips

The Chamber of Commerce civic affairs committee, William Fortune, chairman, today began mailing to Indianapolis citizens rules for firing household furnaces as approved by the new’ smoke inspector, H. F. Templeton. The rules: Fire regularly. Do not allow fire to burn low. Use even-sized coal, about four to six-inch lumps. Do not spread fresh fuel over entire surf ice of fire. This causes smoke. Push live coals to rear of

Real Estate Board Policy to Remain ‘Serve Public’

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JOHN R. WBLLL-.

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GEORGE T. WHELDON "The 1924 policy of the Indianapolis Real Estate Board will be what it has Rlwayu been—to serve the public,” said John R. Welch, new president, today, Welch haa be cm i member of the board since Us organization. He is head of the Celtic Savings and Loan Association and of the John R Welch and Sons, real estate firm.

JOHN W. KERN, ?3, BEGINS U. S. DUTY Commissioner One of Youngest Ever Appointed. John Worth Kern, 23, son of he late John W. Kern, formerly United States Senator, took up his duties 34 commissioner toJ. W. KERN secretary of the Indianapolis Bar Association. Kern is associated with Denny A Denny, attorneys, in the Consolidated building. COOLIDGE MAY ATTEND MEMORIAL CEREMONY Evansville Man Presents Invitation to Visit Indianapolis By Time* Special WASHINGTON, Dec. 13.—Marcus Sonntag, Evansville, Ind.. today was introduced to President Coolidge by Postmaster General New. Sonning said he invited the President to Indianapolis at the time the corner stone of the memorial to the Veterans of the World War is laid. The President has agreed to consider the invitation and to answer It in the light of the situation that develops about the time of the ceremony. HOW’S THIS, SPARK PLUG? Barney Google and IJquor Case Separate, Judge Rule*. Perpetration of musical atrocities upon an innocent and unsuspecting world must not prejudice a Jury in a liquor case, according to a state-

fire box and thrtftr fresh coal In front with each firing. In burning soft coal, tho slidedamper in fire door should be partly open all the time. Keep a reasonably thick fire. It saves coal and permits proper firing. The 80 per cent of tax in Indiana coal can be burned by correct firing, abolishing smoke and saving heat. Directions for using coke are given separately in the rules sent out.

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BURT E. RICHARDSON

SESSESESESS

FRANK E. GATES Other officers elected at the annual meeting of directors late Friday: Vice president, Frank E. Oates of Frank E. Gates and Sons; secretary, George T. Wheldon of Emerson W. Chaiile & Cos., and treasurer, Burt E. Richardson, head of the real estate department Fletcher Savings and Trust Company,

ment made by Judge Albert B. Anderson In Federal Court today. John Sadler of Chicago was on trial charged with violation of Federal prohibition laws. “He told me he wrote the song, 'Barney Oon*tn ' ” ’a- r> u .v man, chief of Federal prohibition agents “He is not on trial for that,” Judge Anderson said.

Playing Your Part in Your Community What will your community be ten, fifteen or twenty years from now? Will it be more prosperous, more beautiful—a more desirable place to live and work in than today? It will, if you play your part. Look around you. Somewhere you have seen the magic of concrete roads—the tonic effect of concrete streets. Have seen business improved through buildings made firesafe, sanitary and permanent with concrete. Have seen the greater sense oi security and pride that comes from concrete schools, churches, theaters and homes. If you are boosting for similar advantages in your own community—your home town —you are truly playing your part. Portland Cement Association service helps anyone to play his part well. It is a free service for the owner, the builder, the architect, the contractor, the engineer for everyone interested in getting the greatest value from concrete construction. The cement industry has made this service possible through the Portland Cement Association. It is a service, offered without any obligation. Write us for any help you need in using concrete. PORTLAND CEMENT ASSOCIATION Merchants Bank Building INDIANAPOLIS, IND? oA National Organization to improre and Extend the Uses of Concrete Offtea* in 27 Other Citia*

OBREGON TAKES FIELD 10 ATTACK MEXICAN REBELS Fate of Capital Hangs in Outcome of Battle in Michoacan, By United Frets SAN ANTONIO, Texas. Dec. 13President Alvaro Obreg'.n has taken the field against the revolutionary forces of Adolfo de La iruertn. Dispatches stated Obregon was con ferrng with military leaders at Irapua. planning an attack on the rebel forces. Secretary of War Zerrano will leave the Mexican capital today' to review troops which will leave for the Vera Cruz front. Squadrons of Federal government arplanes*are making flights over the territory held by the revolutionists to map out a plan of campaign fo’the Obregon forces. Well equipped revolutionary forces, closing in on La Pediad in Michoacan are believed to have clashed with the Federal garrison. The fate of the Mexican capital hung upon the outcome of the battle, dispatches said. Fighting also was reported in Coato talapam, where rebels under General Garcia engaged Federals. Spasmodic clashes between revolutionary bands and Federal troops were reported throughout southern Mexico. Federal troops Wednesday defeated the rebel army in a battle in Vera Cruz. An insurgent force under General Sanchez was engaged at Esperanza. BISHOP REBUKES IIBERAUPASTOR Rev, Gutherie Must Explain Dancing in Church. By United Press NEW YORK. Dec. 13.—Dr. William Norman Gutherie, pastor of St. Marko-in-the-Bowerie, has been called to a; pear before Bishop Manning of the Episcopal diocese of New York to explain recent services in the church which created a sensation in New York. A St. Nicholas celebration in wlU'h bare-footed girls tripped lightly in scanty clothing was the culminating event which led to the bishop's letter. “Nothing we have done at St. Marks has ever been from a church point of view, either immoral or illegal. We have been canonically ‘within the law,’ ” Gutherie said. Child Scalded to (Death By Times Special VERSAILLES. Ind., Dec. 13. Burns received when he fell into & barrel of scalding water caused tbe death of Kenneth MacLafferty, 2 years old. The water was for use n butchering hogs.

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