Indianapolis Times, Volume 35, Number 203, Indianapolis, Marion County, 7 January 1924 — Page 11

MONDAY, JAN. 7, 1924

LEADING ISSUES > FIND DEMAND AT NEW ■ LEVELS SteeLCommon Sells at a Fraction Above Par, Leading Industrials. a RAILS DISPLAY ACTIVITY Specialties Share Limelight, Touching New Highs on Movement. The WALL STREET JOURNAL) By Vnited Financial NEW YORK. Jan. 7.—Private ad missions of defeat made by some of the bonus measure adherents were the most significant developments over the weekend from a stock market standpoint. In addition the general list had the stimlulus of indications that the usual first of the year wait for trade prospects would not have to be gone through this year. This situation created a brisk demand 'for stocks in today's early dealings, leading industrials displaying at the highest levels of the forwdfd movement. First Hour Dealing in the first hour were enlivened by continued demand for industrial leaders, prominent among which was Steel common which reached its best figure on the current advance by touching 100% while new i highs On the movement were attained j by United States Cast Iron Pipe, Con- j tinental Can and other specialties. Activity at rising prices spread into the rail list under influence of pronounced strength in Southern Railway which maintained its highest level since 1906. Second Hour No further headway on the upside was accomplished in main body of stocks in late morning, but the general list was buoyant and special forward movements took place in various groups. Equipments developed strength in the wake of the demand for the rails. American Brake Shoe sold at 81*4 against last week's low of 77, while American Car and Foundry spurted to anew high on the current upswing at 167%, up practically 7 points from the preceding week's low. United States Steel Corporation announced its usual annual common stock subscription offer to employes at SIOO a 'share. Noon Hour Stocks maintained a buoyant tone J throughout the noon dealings, gather- ■ mg momentum on the side of the ad-Kk-ance until one of the most vigorous Pfierttonctrations of the current upswings was in progress arouse 1 p. ni. American Can headed the movement, surpassing its best previous price when: it spurted to 109*4 ’ 'is si< . U is sponsored marketwise by the strongest banking interests in t test reet as well as by most powerful speculative cliques. Fourth Hour Added strength gave encouragement to operations for the rise throughout the market in the early afternoon. Industrial specialties like Kelsy Wheel, Nash Motors and Maxwell A aroused special interest because, of attention attracted by the auto show to extraordinary' prosperity of the motor Industry. In the rail list low-priced favorites, particularly Southern Railway, were the leaders. Scarcely any secton of the entire list could -he ve been said to be neglected, so general was the advance. Twenty active industrial stocks on Saturday averaged 96.26, up .86 per cent. . Twenty active rails averaged 81.33,. up .22 per cent. Foreign Exchange By Vnited Financial NEW YORK. Jan. B.—Foreign exchange opened "higher. Sterling, demand. $4.31%: oblea. 54.31 % France demand. 5.03 *4 c cables. 0.04 c. Lire, demand 4.33 c: cab es. 4.33 Vic. Belgian, demand. 4.4*2%c: cables. 4.43 c. Marks 4 tri'iion to the dollar. Czehco. demand. 2.91 e: cables, 2.91 %c. Swiss.demand. 17 40c: eab.'ee. 17 42c. Guldens demand. 37.77 c: cables. 37 80c. Pesetas, demand. 12.81 c: cables. 12.8ic i> and n den.and. 26 36c; cables. 26 40c. Norway, demand 14.46 c: c-ablee, 14.50 c. Denmark, demand. 17.58 c; cables. 17.6jic. | Produce Markets W INDIANAPOLIS Jan. 7.—Fresh eggs, loss off. 36c: packing stock butter. 27c: springs over 2 lbs.. 20c: fowls. 4*4 lbs. up. 22C: fowls under 4*4 lbs.. 18c: Leghorn poultry 25 per cent discount: cocks, lie; stags. 14c; capons 7 lbs. up, 26c: young tom turkeys. 12 lbs. up. 27c young hen turkeys. 8 lbs up. 27c: old tom turkeys 20c: dticks. 4 lbs. 20c: geese. 10 lbs. up. 17c: squabs 11 lbs. to the doz., $5.50: young guineas. 1% lbs. to doz.. $7: old guineas doz.. $5. Indianapolis creameries are paying 50c per lb. for butterfat. CHICAGO, Jan. 7.—Butter —Receipts. 7,758 creamer}’ extra. 54 %c: standards. 52c; firsts. 47 ft 40c: seconds - 4 <345c. Eggs —Receipt.-*. 4.811: ordinary firsts. 37(S 40c: firsts, ,42isc. Cheese—Twins. 21 Vic: young Americas. 23c. Poultry—Receipts 6 cars; fowls. 16@23c: ducks. 23c: geese. 16c: turkeys. 24c springs. 20Vic; roosters, 14c. Potatoes—Receipts. 604 care; Wisconsin whites, $1.6561.75. CLEVELAND Jan. 7.—Butter —Extra in tub lot* 59 ft 61c: extra firsts. 58 6 60c: firsts. .57 658 c: packing stock. 28ft32 He: standard 57ft59c prints, lc extra. Eggs —Fresh gathered northern extras. 49c: extra firsts, 47c: Ohio firsts. 45c: western firsts. 44c: refrigerated extras 28c: refrigerated eggs, firsts. 26c. Poultry—Live fat fowls, :25626c: springers. 2">®26c: Leghorns, 17c: old roosters. 14615 c: geese. 19 6 21c' heavy white ducks 25W26c: light colored ducks, 216 22c: medium fowls. 22 6 23c: turkeys. 286 29c. Potatoes—Michigan round whites S2ft2 2A: Ohio $‘J 23ft 2.50: Minnesota white, branded. $1 256 1.50 New York. $2 62.25, all per 150 pound lots. NEW YORK. Jan. 7.—Flour—Dull, unchanged, Pork—Quiet: mess. $24.75. Lard —Steady: Mid West spot. $10613.10. Sugar—Raw ea y. 6 53e; refined easy: granulated, 8.70 ft 8.90 e. Coffee—Rio spot. 10%ft)0 , %c: Santos No. 4 15@15%c. Tallow—Firm: special to extra. B*4 ft 8V c. Hay—Quiet: No. 1. $1.50: No. 3. $1,206 1.30. Dressed poultry—Quiet: turkeys. 20 640c:-chickens. 18645c* fowls. 14@30c: capon*. 25©45c; ducks Long Island. 20ft 30c. Live poultry—Dull: geese. 21 ©2sc: ducks, 14 ©34c; fowls. 23 6 30c: turkeys. 20@23c; roosters. 13c; chickens. 24©32c; ■—Firm: State whole milk, common to spe“dml steady: State skims, choice to special. 15 ft 18 %e; lower grades. s©l4c. ButterSteady: receipts. 4.046: creamery extra. 54*4c: special market. 55©55%e: State dairy tubs. 40ft54c. Eggs—Steady: receipts, 8.281; nearby white-, fancy. 50© 52c; nearby State white. 42ft 62c: fresh first* to extras. 42 ©soc; Pacific coast. 35 ft 53c: western whites, 42 @ 55c: nearby browns. 51 © 53e: Danish. 52 Vi ©53’4 c; Argentine. 41 ft4Bc; Canadian. 40 ft 52 %c. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift A Cos.: Rlbe—No. 2. 30c: No. 1. 17c, Loins— -" So. 2, 25; No. 3.18 c. Rounds— So. .2. 20c: So. 3,15 c. Chucka—No. 2. ISctJSo. i. 10c. Plato—No. 2. 8c: No.

New York Stocks (By Thomson A McKinnon) —Jan. 7

Railroads— At 12:45 Prev. High. Low. p. m. close. Atchison ...97% ! .... 97*4 97% B. & o 60 59*4 59 % 69% C. & 0 71% 71% 71% 71% C. & N. W. R. 51% 51 61 Vi 51V* C R. A P.. 24% 24% 24% Erie Ist pfd. 30% .... 30 30% Gt. No. pfd.. 58% 58 58% 58% Mo. Pae. pfd. 30% 30 30% 30 N. Y. Cen... 103 102% 103 101% No. Pacific.. 53 % .... 63 % 53 Pennsyivana.. 42 % 42 % 42 % 41% Reading 78% 77% 77% 77% So. Railway.. 41% 40% 40% 40% So. Pacific... 87% 87% 87% 87% St. Paul pfd. 25% 24% 25% 24% Bt. L. A S. W. 37% 36% 37 36% Union Pao. . 129% 129 129% 129% Wabash pfd.. 36% 35% 36% , 35% Rubbers— Keily-Spg .. 33% 32% 32% 32% U. S. Rubber 39% 39 39% SB% Equipments— Am L0c0.... 75 .... 74% 75 Bald. Loco. 125% 124% 125% 124% Gen Elec... 198 196% 198% Lima Loco. . 66 % .... 66 % 66 % Pullman ....122% 122% 122% West. Elec.. 61 Vi 61 61 61% Steels— Bethlehem... 64% 53% 54% 53% Crucible .... 68 V* 67 % 67 % 67 V* Gulf States . . 84% 83% 84 82% RCp I and S. 52% 51% 52% 51 U S Steel... 100% 99% 100 V 4 99% V anadium -.31% 30% 31% 30% Motors— Chan Mot... 65% 64% 64% 64% Gen Mot ... 15V* 15% 16% 15% Max M "A’.. 54 V* 63% 54 54% Max M “B".. 15% 14% 15% 14% Studebaker ..107% 106 Vs 100% 107 Stramberg ... 83 % 82 % 82 % 82 Stew-War ... 96 .... 95% 94% Timken .... 41 40% 40 Ti 40% Wii-Over .1. 10% 10% 10% 10% Oils— Cal Petrol... 26 % 25 % 26 % 25 % Cosden 36 85 % 36 35 % Hous Oil ... 70% 70% 70%

CHICAGO GRAINS SHOW FIRMNESS Wheat Makes Sharp Advances at Opening. By United Financial CHICAGO, Jan. 7. —Grains showed firmness at the start of trading on the Chicago Board of Trade today. Higher Liverpool markets strengthened the wheat position and prices at the beginning showed sharp ad vances. Support also was given the market on the theory that recent low temperatures had damaged fields In the winter belt. Fair local buying due to light reu ceipts, strength In hogs and firm cables brought an upturn in May com. Inactivity In deferred months caused fractional recessions. World shipments for the week, 3,160,000 bushels, compared with 3,008.000 last week on passage, 13,863,000, against 14,085,000. Deliveries on January contracts, 10,-, 000 bushels. Oats went up with wheat and on good buying Induced by light receipts. Early trade In provisions was con fined to lard on a slightly higher basis on account of the strong hog market and better cables. Chicago Grain Table (By Thomson & McKinnon) At 11:45—Jan. 6. WHEAT— Prev. Open. High. Low. Close.. close. May.. 108% 109% 108% 109 1.08 1.08% Tilly.. 1.06% 1.07% 1.06% 1.07% 1.06% 1.06% Sept . 1.06 1 06% 1.05% 1 06 1.05% CORN May.. .75% .76% .75% 76% -76 .76% . .75% T uly.. 76% .77% .76% .77% .76% Sept.. .77 % .78% .77% .78% .77% 77% OATS— May.. .4.-.% 45% .45% .45% 45% .45% fitly.. .43% 43% .43% .43% .43% Sept. .42% 42% .42% CHICAGO. Jan 7.—Car lot re'-eipts Wheat. 10: corn 43- oats 35. rye. 1. Local Wagon Wheat Lo* al mi!! and rlevator* are paying $1 for No. 2 red wheat. STRENGTH CONTINUES IN BOND MARKET DEALINGS Liberties Unusually Active at. Slightly Higher Prices. By Vnited Financial NEW YORK, Jan. 7.—Strength in the bond market continued today with trading covering a broad field. Liberties were unusually active and a trifle higher. Foreign groups held firm. e French 8s and United Kingdom 5%s of 37 each gained V 4 at S5 and 99%. respectively. Tractions again were the center of interest. B. M. T. 6s 74*4, up nev high on the move. Third Ave. adjustment 5s 46%, up %. I. R. T. 6s 60. up %. Rails were strong. New York Western & Boston 4%s 42%, up %, new high on the move: Frisco adjustment 6s and incoes 6s higher. Atchison general 4s 87%, up %. Virginia-Carolina Chemical convertible 7%s with warrants 71%, up new hifch; Marland 8s 104%, up %; Manali 7%s 99%, up %: American Writing Paper 6s certificates 46%, up %. FIRM UNDERTONE PROVES FEATURE OF CURB TRADE Ford of Canada Shows Light-Point Opening Gain. By Vnited Financial NEW YORK. Jan. 7.—A firm underi tone featured the curb market during the forenoon today with relative steadiness among the oils and an even better performance in the industrials. Durant Motors was again strong and a point above the previous close, while Ford of Canada showed an 8polnt gain at 423. Strength here was induced by the recent output figures for 1923 and good forecasts for 1924. Willys first preferred was up fractlonaly. Corn Products, new. was an active spot around previoius levels. There was some backing and filling in some of the oils, but the majority advanced. South Penn Oil at 170 was up 10 points. Imperial of Canada advanced 2%, Gulf Oil of Penn 1%. Northern Pipe. 1%, Ohio 1, Vacuum 1 and oothers in lesser degree The independents were again steady. Prairie Oil and Gas, after opening up 1%, reversed the movement and showed a loss of the same amount. Standard of Nebraska scored a recovery of 3 points, only to show a loss of 4% from the previous close later. Cloverseed Market Local dealer* are paying 310 ft 12 a bushel tor cloverseed.

12:45 Prev fftvfi Low i m close Mar Oil 38% 38 38% Psn-A Pet... 59 57 % 67 % 58 % P-Am Pet ••B" 57 55% 56% 66% Pro and Ref. 40 % 39 39 % 40 Stu uof Cal 64 63 63% 63% Stn O of N J 40% .... 40% 40% Sinclair 26% 26% 26% 26% Tex Cos ..... 44 43 % 44 43%, Mining*— * Gt. Nor Ore.. 29 28% 28% 28 Tex U and S 03 % 62% 63% 62% Coppers— Am Smelt ..60% 60% 60% Anaconda ... 38 % .... 38 37 % Keunecott ... 35 % 34 % So % 34 % Industrials— A! Cheni* .. . 74% 73 Vi 73% 73% Amer Can ..109 100% 109 106% Araer Wool.. 75 74% 74% 74% Cent Leather 15% 15% 15% 15 Cont Can... 58% 57% 68% 57% Davison Clim 68 % 64 % 64 % 64 % Fain Piaycrs. 70% 69% 70% 70% Gen Asphalt. 44% 43% 46 43% Int Paper... 40% 39% 40% 39% Mont Ward.. 26% 26% 26% 20% Sears-Roebk. 88 % 88 88% 88 U S C I Pipe 78% 75 % 78 76% U S Ind Alco 72 % 70 % 72 % 70 % Utilities— Am T and T. 126% 126 126% 126% Con Gas ... 64% 63% 63% 63% North Amn. 23% 22% . 23% 22% Shippinn— Am Int Corp 24% ... 23% 23% Int M M pfd 33% ... 33 33 Foods— Am Sugar... 55% ... 65 56% Am Bt Sugar 41% ... 41% 41% Corn Prod .155 ... 154% 155 Cu Cn Su pfd 62% 01% 62% 01% Cu-Am Sugar 33 % ... 33 % 33 % Punta Alegre 56% ... 60% 66% Tobaccos— Am-Sumatra. 24% 23% 24% 23% Tob Prod B 08 60 % 67 % 68 %

Your Dollar Uncle Sam Tells Who Gets It. lip !>T 'O S U- Lu // Cn. \\ // \\ ( utr) 1 / Over Dead \JJ \y // CTi Rmpb F Couch, 'JVaah^D.C mT is not on record that any of our ancestors ever made a fortune manufacturing Up sticks. But times have changed. Despite lectures and the girls will use them and millions are being sold yearly. The United States Government has collected figures on the making of lip sticks and other cosmetics. Fortyfour cents out of every dollar the manufacturer receives must go to pay for his materials. Seven cents goes to labor. After materials and labor are paid for. the manufacturer has left 49 cents for his profit, overhead and taxes. There are special taxes on lip ticks, of course. To cover a 10 per cent wage Increase the lip stivk manufacturer would have to add seven-tenths of 1 cent to his selling price. To cover a similar Increase in materials, he would have to ad 1 4.4 cents for each dollar. NEXT—Raking Powder. Indianapolis Stocks —Jan. 7 Bid. Auk. Am Central Life 200 ... Am Creosoting Cos pfd 97% ... 1 Belt R R com 71 ... i Belt R R pfd 52% Century B'dg Cos pld 99 , *'i*i*-* Service Cos com 142 144 % ; Cities Service Cos pfd 06% 60 ; Citizen* Cvj Cos cun 38% 31 'Citizen* Oa* Cos pfd 100 ... Indiana Hotel com 125 ' Indian* Hotel pfd ......... 100 ]i I i Ind Nat Life Cos 8 ... I Indianq Pipe Line Cos 88% 91% I Indiana Title Guaranty C 0... 80 j indianapo'is Abattoir pfd 50 | Indianapolis Gas 49% 63% Indpis A Northwestern pfd. .35 ... i tndp's A Southwestern 1 pfd.. .. 50 | IndpD Street Rai’way 48% 53 ’ Indnls Tel Cos com I \ Indpis Tel Cos pfd 90 ’. . Mrr Pub Util Cos pfd 82 ... I Nat Mot Car Cos 1 T 'ah Savings Ins Cos 12 ... | Ranh Ferti'lzer pfd 49 ; Standard Oil Cos of Ind 05 07 j Sti r ing Fire Ins Cos ...... 10 T H I A E com 2 5 i T H I A B pfd 10 15% i T H T and L Cos pfd 85 95 ; Union Trae of Ind com .... 1 4 : Union Trae of Ind Ist pfd. 15 25 ! Union Trae of Ind 2d pfd.. 4 7% Van Camp Prod Ist pfd 100 ; Van Camp Products 2d pfd., 100 Vandalia Coal Cos com r & 5 Vanda’ta Coal Cos pfd 7 12 Wabash Ry Cos com 11 12 Wabash Ry Cos pfd 38 37% Bonds Pelt R R A S Y 4s. Mav. 1930 80 Broad Ripple 5s July. 192 <. . . . 08 Cent Ind Gas ss. Sept , 1931. 80 C Ind Pow Cos 6s July, 1947 85% Citizen* Gas ss. July 1048 R 4 % 88 Citizens Gas 7s 100% Citizens St R 5s Mav 1973 70 80 Ind Coke A G 0s Anr 1948 89 92 Hid Hotel ss. July. 1931... . 92% Hid Hotel Cos 2d os. drawable 99 % ... Ind Northern 6s . . Tnd R.v A bt 5 Jan . 1949 90 95 Ind Serv Cor ss. Jan., 1050 80 ... Ind Un Trae 6* July 19 o 30 Indpis Ab Cos 7%5, Sep.. 1931 99% 102% Indp’g Col A So 6s Feb 1948 96 100 Indnls Gas 5s Oct.. 1952 84 85% Indpis L A H ss. April. 1940 95 96 Indols A Mart ss. Jam. 1932 . . 00 , Indnls North ss. July. 1932. 48% 49% Indpis Northwestern 43% 48 Indpis A S E ss. Jan.. 1935. .. 40 Indp’s A S E ss. Jan.. 19.32. .. 50 Tndnls St Ry 4s. Jan. 1933 00 04% Tndpls T and T ss, Jnn,. 1933 85 88 Tndnls Un Rv 4%s Jan.. 1905 94% Indpis Un Ry 5s 95 ... indnls Wa 6*4s March. 1953 95 90% Indpis Wa 4%s Jan. 1940 80 87% Inters Pub Srr 6s Anri! 1942 87 92 T H I A E 5s Anri!. 1945.. 01% T H T ft I. 5s May. 1944 . 81 Unlou Traction 6s 62 % 65 Tank Wagon Prices ■ (Gasoline prices quoted do not include State tax of 7c a rallon.) GASOUNE —Fncrgee. 18c a gallon: Tbirol, 14 °c: Red Crown. 14 7c: Tarret. 14 2c Silver Flash. 18c; SlamloUnd aviation. 10 08c. KVR^’SFNF—Crvstaline 10.76: Moore Light. 15c: Perfection 10.75 c. XAPT TT 4—Lion Power cleaners. 23.01 c: i V M. A P.. 20 01c: Stnndollnd cleaners. | 20.01 c.

400 Cars Are Recovered • The State automobile police department, in slightly more than two years of its existence, has recovered approximately 400 stolen automobiles in t Indiana. R T. Humes, chief, said today. Two hundred and twenty-five persons have been arrested by a State force of twenty-five paid police and j thirty municipal police officers servi B wiithout State pay. Girl Attempts Suicide Miss Vera Crossen, 16, colored, of 646 W. Eleventh St., attempted suicide today by drinking poison. At the city hospital lt,.waa said her condition Is not serious.

THE INDIANAPOLIS TIMES

HOG PIES LEAP SHARPLY FORWARD _____ j Heavy Demand for Outside Account Brings Advance, Hog Price* Day by Day Jan. 2**3 300 lbs. 200-225 lbs 150-180 lbs. 1. 7.50® 7.00 7 40© 750 7.65® 7.50 2 7 50© 755 7.40® 750 7.35 ft 7.50 3.7.50 ft 7.55 7.4.0® 7.45 7.30 ft 735 4. 750© 755 735 ft 745 7.30® 7.35 5. 7 60® 765 7.55 ft 700 7.50® 7.53 7. 7.80 ft 7.85 7.75 ft 7.80 7.75 ft 780, Hoe prices leaped sharply forward In trading at the local livestock mar,ket today, following concurrently Saturday’s strong advance, as the result of light receipts and an unusually heavy demand from shippers. The advance was qultably 25c to 35c, but the gain orj most droves was not more than a quarter. Heavies sold at a top of $7.85, mixed at $7.80 and lights and light mixed at $7.75 to $7.80. at which figures the bulk of sales was made. Hogs selling at $7.75 and those at $7.85 were regarded as no more than 25c higher, but some of the droves at $7.80 might not have brought more than $7.50 on Saturday's market and therefore were regarded as 30c higher. The rough and pig market reflected the general advance. pigs selling down from $7 50, though generally down from $7.25, while sows sold down from $7. though generally down from $6.75. Shippers took practically all the hogs, local packers, who declined to buy at the advance, having been left without offerings to meet their demands. The day’s prices showed an advance of 50c to 60c over a week^ago. Trading in the cattle market was less active and prices lacked some of last week's snap, but the'market as a whole was considered fair in the face of recent heavy offerings. About 1,000 head were in the pens and targe buyers were present but displayed a, rather Indifferent attitude. Activity marked trading In the calf department and prices were strong to 50c higher with top veals commanding sls 50 and the bulk $14.50 to sls. Receipts. 400. The sheep and lamb market was quiet due to light receipts of 50. but prices were steady with native lambs selling down from $13.50 and sheep down from $7.

mixed Za% a * 1 T r ravyweiffht • • * 01**1*. yU ? rlSdng .owi •• 700 F*w choice *t*cr , ■ • .slo.oo® 11 Prlrr* com-fed steer* 1.000 to . 1 800 Ib* 9 00ft 000 Good to chotcc steer*. 1 000 to 1 100 lbs , „„„ . ■ Bfto ® 000 Good to choice steer*. 1.000 to 1 200 tb. .... , Mnt - '■ so ' 3 800 Good to choice eterr*. 1.000 to _ , . 1 1 700 lbs 0.50 ft 7 50 Common to medium steer*. _ „ 800 to 1.000 5.00 fit 7 00 —nnd HHffn— Good to lltht heifer. * g^^OOO Good heavyweights 7,0 ft 725 Medium heifers •• • ,^ 0 Cutter. o o'Vr, Canner. ‘ .jb *> '• Fancy butcher bi ll* 8 n no*f 550 e . butch^ to : ssf 4.W G,. r ve.l. Comon v* hls ~,.•••••♦• ~/i h itq ■ common heavies 7 Top 10 JU r , vcVJV tomb* 8 no © 10 oo ITS .... 5 00® 700 Good to choice ewes * 00ft ™0 Cuila Other Livestock CHICAGO. Jan 7. —Cattle —Receipt* 19.000: market fairly active, gtronff. unevenly higher: most kinimr olssee* and fat she stock 15c to 25c up; mints more most feed steers $7.60© 10; several load* matured sUs-ra. slo© 10.60: some held above $11; •post lio osrr.a bull*. $5ft5.26: vralers. $11.50® 12: top to packers: Stocker* and feeders 150 to 25c UD. Sheep—Receipt*. 28,000: market fairly nettvc: best fat woo isi lambs steady to stron.; In-between grades weak. 15c off; sheep steady, no early sales feeding lamb.; packing strong. iu k good ami choice fat lambs, early. sl3 50© 13.76: in-between kinds, sl2 75© 13 25- fat twes. *8 26: good yearling*. sll 25 Hogs—Receipts. 42.000; market lrtc to ”5c up top $7.05: bulk of sales, $7.10® 17,50; heavyweight. $7.35 ft 7.65; medium. . $7.30ft7.00; llsrhta, $7 10ft7 50: llxht lights. $6.75ft7.35: packing hogs, smooth, s6.3oft 7: packing hog*, rough, $6.60® 6.90: slaughter pigs. $5.75(0 7. CINCINNATI Jan. 7.—Cattle —Receipt*. 2 300; market, steady. strong: shippers, $7 50© 9.50 Calves —Market, strong. $1 ! up: extra-. sl4® 14.50. Hogs—Receipts 7.'.00: market, active to 25e higher; good to choice packers. SB. Sheep—Receipts, 200; market strong: extras. s4so© (V Lambs—Market, strong, fair to good. sl3 ft 13.50. j EAST BUFFALO. Jan 7.—Catt’o—Re- , ceipts, 2,000: market active. ?.s®soe up: i -hipping steers. $9 50 011: hut-'her grades. 1*88.50® 10; weth rs, $5 30ft8.50: cows. $2 ft 7: bulls. SOftO: feeders. $4 60(87: milch ■ ows and springers. *2O ©125 Calves—j Receipts, 1,000; market active. 50c higher; eu’is to choice. $4.50 ft 16. Sheep and I iambs—Receipts, 7,000: market active. 500 up: choice laitibs. sl4 ft 14.50: culls to choice. s9® 13.50: rearing-. $8 50@12 50; sheep. *4 ft 9.50. Hogs—Receipt*. 9,6'K>; market active, 60©65c up: Yorkersi $7 75 ©8 40- pigs. $7.50(®7.75: mixed, sß.3sft 8 40; heavies. $8.40ft8.50; roughs, $6.25(0 6.75: stags. $4 50 ft 6 KANSAS CITY Jan 7.—Cat’Jo —Receipts, 22.000 calves 4.000: practically no early ! trading on killing classes, weak unde tons | prevailing) bidding sharply lower on veal; i few early 6ales; desirable stockers and | feeders $6 80'u 775 around steady; plainer kinds dull, weak to lower. Hogs—Receipts. 14 000; very slow; few lighter weight* to •hiper*. 15ft35c higher: 56.73ft7.25; paid for 160-200-pound averages few medium quality butcher* at $7.30: asking $7.40 for , best heavies; packing sows. $6.75©0.90. Lambs generally steady: top. $13.10: fed i lots from sl4® 14.10: no sheep offered. : CLEVELAND, Jan. 7.—Hogs—Receipts, 8 000: market 15ft25c higher; yorkers, $8: mixrd. $8 medium sB®B 10; idv* $7 " < I rougiis. $6 25; stags, $4.50. Cattle—Receipts. 1.200: market. 15 ©26c higher good to choice bulls s6ft 7: good to choice steers. sloft 11: good to choice heifer*. $7 @8: I good to choice cows. $4.50@0; fair to good cow* $3 ft 4.60: common cows. s2ft3; mi'kers. s3oft7o. Sheep and lambs—Receipts. 1.500: market. 25c higher; top. sl4. Calve*—Receipts, 600 market. $1 higher: ; top. $15.50. PITTSBURGH. Jan. 7, —Cattle—Receipt*. 78 loads; market steady: choice, 99 75® 10.60; good. *8.50® 9.40; fair. $G®7 40: : veal ca ves. *ls@lo. Sheep and lambs— Receipts. 12 doub'e-deoks; market “tedy: prime, wethers. $8 ft 8.50; good $7.25© 7.75: fair mixed. s6®7- lambs. sll © 14.25. ling-—Receipts. 50 doub'e-deeks: market higher: prime heavy, $8.25 @8.50: mediums. $8.25 © 8.50: heavy Yorkers. $8.25(08 50: light Yorkers. $7.75(08; pies, $7.25(07.50; roughs, $6(00.75: stags. $33(04. GARAGE EXPENSES CUT City Administration Reduces Cost by $33,992.53. | Despite Increase motorized equip•mont In city departments, the municipal garage was operated on $33,992.53 less In 1922-23 than In 1920 21. the annual report of Harry Newby, superintendent showed today. Expenditures during the Shank ad ! ministration were $119,999.12 compared to $153,991.66 during 1920-21. A total of 65,322 gallons of gasoline was used during 1923 for city auto mobiles compared with 60,150 gallons In 1922. The clt ynow owns 135 pieces of motdr equipment.

DEMOCRATS LOOK TOM CAPITOL WITHEAGER EYE Congressional Timber Seen Through Haze of Governor Contest. While Democrats are seeking in large numbers nomination for Governor, Democrtaie candidates for congressional nominations also are active. tiome of the prospective candidates. First District —William E. Wilson, for re-election. Second District—Arthur Greenwood, for re-election. Th:ra District—Frank Gardner, for re-election. Fourth District—Harry Canfield, for re-election. Fifth District—Andrew Durham, Greencastle, and David B. Hostetter, Roachuale. Sixth District—James Clifton, mayor of Connersville. Seventh District—Miss Julia Landers and Joseph P. Turk. Eighth District—John A. M. Adair. Portland. Ninth District—James P. Davis, Kokomo. Eleventh District—Samuel E. Cook, for re-election. Twelfth District—Earl Peters, Harry Hilgemann and Charles W. Branstrator, all of Ft. Wayne. DEFENSE FUND FOR M’CRAY DISCUSSED Officials Say No Definite Program Has Been Adopted. While officials t the Statehous have discussed Informally at various t'mes raising of funds to assist Gov error McCray, no definite attempt has been made yet, it was learned to day. Oscar Ratts. member of the public service commission, said today, *1 have not been asked by any State of ft'ais to loan Governor McCray any money for his court defense *x penses. “It has been discussed. Informally and as a matter of conversation oniyr the need of assisting the Governor at this time. The matter was only discussed Incidentally, however." John W. McCardle, commissioner, chairmhn. stated he had not made any attempt to raise runds, despite rumors to that effect

WIFE OF TURK LEADER IS INJURED BY BOMB Madame Mtistapha Kemal Wounded as Grenade Is Thrown at Husband. By Vnited Prem ATHENS. Jan. 7.—Madame Mns tapha Kemal. wife of the president of the Turkish republic, was wounded by n hand grenade thrown at her hue band by an unknown, according to a dispatch from Smyrna. Mustapha Kemal himself was not injured. The assailant escaped. DEATH RATE REDUCED Child Hygiene Pepari ment Reports on Work of Year. Os the 7,000 babies horn in Indianapolis during 1923, nurses of the child hygiene department visited 35 per cent of the homes, and aided In re during the death rate among infants from ninety for each 1,000 babies in 1919 to 73.7. The work of the child hygiene department as reported by Paul Kirby, director, today shows that 633 children between the ages of 2 and 6 were cared 7or during 1923. The department also operates four dental clinics and filled 2,076 appointments during the year. A total of 1,329 teeth were extracted and approxidately the same number filled. SUIT MAY BE DROPPED u. 8. Lesh Says License Fight Will Ite Brief. Injanctlon suit filed against the State asking restraint of collection of increased motor vehicle license fees may be dropped. Attorney General U. S. Lesh, said today. The suit was filed after the license increase was held invalid, in a South Bend court. Arthur Gllliom, South Bend, counsel for the South Bend Motor Bus Company. plaintiffs, was expected to con- ! fer with Lesh today. “I ho State desires to make a quick ' test case out of the original suit atI tacking validity of the law,” Lesh de- | dared. WANT TO BE A FIREMAN? laddies Spend Day Thawing Out After Blaze at Bedford. By Vnited Prean LEDFORD, Ind., Jan. 7.—Firemen here spent all day Sunday thawing out hose and clothing after fighting a fire through the small hours of Sun day morning. The water that did not get on iTheodore Bell’s SII,OOO home froze on the fire laddies’ uniforms and hose n such thick layers that the hose could not be bent The firemen hooked one end of the hose to a fire truck and dragged the ensemble back to the station. The ice-sheathed overcoats of the men stood In rows on the Horn of the station house until they melted Pell’s home w r as razed. Farley Nomination Withdrawn By Vnited Press WASHINGTON, Jan. 7.—Presidem ; Ceolidge today formally withdrew i nomination of E. P. Farley, Chicago , to be chairman of the Shipping Board | Tho Senate Committee recently re--1 ported adversely on Farley.”

Tiines Safety Club m FLEDGE THAT: 1. I will drive carefully in 1924. 2. I will particularly watch out for children at the curb or playing in the street. 3. I will observe all traffic rules. 4. I will drive to the curb and stop when I hear fire truck, police emergency or ambulance sirens. 5. I will stop at dangerous crossings. , Name Address >■ Clip and mall to Times Safety Club Editor, Indianapolis Times, Indianapolis, Ind.

Snow and ice bring dangers both to pedestrian and to the motorist. But, It brings another danger, more outstanding thanl all the rest. With snow come# coasting, a sport which causes children to take chances. Children run into the streets and (herein lies a responsibility which the motorist, because of an Irrepressible trait of juvenile human nature, must assume. One of the classes In The Times Safety pledge says, “l will particularly watch out for children at the curb or playing in the street.’’ An auto driver cannot help H^if

ATTEMPT TO BE MADE TO CARE FOR INSANE Commissioners to Investigate Institution Conditions. Marion County commissioners will make a thorough investigation of all j county institutions In the hope of ' finding a way to care for insane per- 1 sons awaiting commitment, John C. , McCloskey, commissioner, said today. I The survey will be made at the earl- j iest opportunity, McCloskey said. “The situation at the Jail is acute,” he said. “Some means must be found to give the Insane better care. As soon as our investigation is complete we will make some sort of recommendation to the county council," JUDGE ANDERSON DEMURRER UPHELD Page Rules in SIOO,OOO Damage Suit. Demurrer to the SIOO,OOO damage suit filed against Judge Albert B. Anderson. Federal judge, by Dimltre EconomofT, Gary lawyer, was sustained by Judge George T. Page, of Peoria, 111., according to word received by William P. Kappes, clerk of the United States Court, today. Economoff was sent to jail on a contempt of court charge by Judge Anderson in 1922 after he had refused to refund S7OO to a client on order jf court. Ac.ording to the evidence Econornott charged the man S9OO to defend him on a counterfeiting charge, saying S7OO of the money was to be used to "fix’ the court and district attorney. After his release from Jail Econo mofT filed suit In Marlon Circuit Court charging he had been falsely Imprisoned. It was transferred to Federal ourt. ALLEGED THIEVES FINED Court Holds Three Guilty of Stealing C’oaL Echoes of last week’s extreme cold were heard in city court today. Although William Johnson, colored, 749 Tecumseh St., told Judge. Pro Tem. Vincent Manifold he stole coal from the Nickel Plate Railroad, so the five children of James Woodmance, SixtySixth St. and Nickel Plate Railroad tracks, would not suffer, he was finer! $5 and costs each for petit larceny and malicious trespass. Similar fines Imposed on Wood- ! manee were suspended pending good ! behavior. James Thompkins. colored. 2522 : Columbia Ave., paid S3O for a "a few I lumps of coal” he admitted taking \ from L. E. ft W. cars, when he was fined $5 each for petit larceny and malicious trespass. SWINE BREEDERS ELECT , Harry Field, Shenandoah, lowa, Heads National Association, j Harry Field. Shenandoah, lowa, was elected president of the Spotted Po land China Record, a national hog 1 breeders’ association, at the Denison j today. John Smolley, Marengo, lowa, and A. A. Figg, Danville, 111., were f named directors. ■* At a meeting of the executive com- , mittee tonight V. P. Stone, Nehawka, Neb., Is expected to be made vice president, and Fred L nfapolis, is expected to be re-elected secretary. A banquet, will be hel dtonlght. Fifty thousand hog breeders from nine States were represented in the meeting. FESLER ON COUNTY BODY Former Auditcr Made O. O. P. Member of Election Board, Leo K. Fesler, former county auditor, fas been named Republican membet of the Marlon County elec*!on board by William H. Freeman ; county chairman Fesler Is active in I the campaign of Mayor Shank for the Republican nomination for Governor. | For the first time In many years two Democrats and one Republican will compose the board. - Albert H. Losche Democratic county clerk, will be a member by virtue of his position. Russell J. Ryan, Democratic county chairman, will name the third member. Building Permits H. G. Lakman, gas tank, 3384 Shelby. $450. Mary L. Hardin, garage. 1131 Jefferson. $350. Sptckelmier Fuel Ce.. sign. 3901 E. Washington, S4OO. Splckelmiqr Fuel Cos., sign. 3901 E. Washi ington, S6OO. Charles Brenner, shed. 744 Russell, $725. Joseph J. Spitzmesser, furnace, 841 N. Riley, $250. Joseph J. Spitzmesser. dwelling, 841 N. Riley $4,500. Frank S. Steeb, furnace. 815 Lincoln, $275. Now Wrecking Company, remodeling, 828 Daly. $2,000.

the kiddies forget and run in front of him while he is driving down the street. He can help It, though. If ae forgot to notice whether any children were ahead of him. The Times Safety Club was designed to help people remember by putting down in writing what they fully intend to do in their own minds. New members of the club: J. Morris Appleton, Falrland, Ind.; Elias White, 1614 W. New York St.; Robert A. Biakley, 3857 Conser Ave.; Clara W hite, 1614 W. New York St.: A. W Stewart, 154 l Shelby St.; Walen Pr.nner, 711 E. Sycamore St., Kokomo, Ind.

SHAW TRIAL ECHO IN APPEARANCE OF RDM RAID VICTIMS Three Plead Not Guilty in Criminal Court to Bootlegging Charge. An echo of the Shaw murder trial was heard in Maribn Criminal Court today when Archie Young, 522 Indiana Ave., John Teilford, alias Yellow John, 420 N. Senate Ave., and Edward Brown, 318 Indiana Ave.. all colored, pleaded not guilty to charges of violat j ing the prohibition law. Raids on their i places followed testimony of liquor sales in the Shaw trial. Miss Evelyn Johnson, alias Thelma Patterson, Clinton, pleaded not guilty :o a charge of violating the prohibition act. She was arrested a few days ago In an automobile containing liquor which an alleged rum runner had abandoned. Seventy-one pleaded Ifiot ; gu lty to various cKrges In Criminal i Court. Carl H gh, 845 N. Deartorn St., was accepted ’as a prospective member of the grand jury; T. R Baker, 4910 Central Ave., was accept ed as a prospect .ve member of the petit Jury. S.x names were drawn for the grand Jury, and twelve for the petit jury. Others were excused. The jury commission whs Instructed to draw names of ten persons to fill vacancies on the grand Jury and twen-ty-five names for the petit jury. PRISONERS ARE IDENTIFIED Two Alleged Automobile Thieves Are Arrested. James Bums, Chicago, and Harry ; Larsen, St. Louis, arretted on va- ! grancy charges Friday, today were ■ Identified by four men living near Eagletown, Ind., as men who aban- | doned a Pierce-Arrow automobile there last week, according to police. A check-up showed the automobile was stolen frm Bennett and Landgen of Chicago, Thursday. Burns and I.arson were arrested after Robert Welch, 131 E. Sixteenth St., salesman for the Standard Sales Company, 322 N. Delaware St., became suspicious when the men requested him to drive them Into the country while he was demonstrating a car. Larsen also is charged with carrying concealed weapons.

INQUEST IS POSTPONED Two High School Girls Now Dead as Result of Crossing Crash, By Vnited Press KENDALLYILLE. Ind., Jan. 7. j The coroner’s inquest today Into the ; railroad crossing tragedy Friday nigh l I which cost the lives of two Auburn High School girls, was postponed un til Thursday because of the condition of Aaron Satovsky, driver of the i death car. He Is recovering from a mental shock. Lucille Miller, 20, died here Sunday from a fractured skull suffered In th* accident. Irene Diehl, 20, was In stantly killed. P'lvo other occupants of the auto which was struck by a freight train while returning to Auburn from a basketball game here, will recover physicians said. BR-R^RrB^fHING~SUITS Scanty Costume* on Display StartleShivering Pedestrians. By United Press MARION. Ind., Jan. 7.—During th< below zero weather here shivering pe destrians were rudely startled when they noticed a display of one piece ; bathing suits at "bargain prices” In j a local hardware store window. | It developed that the store, which ! is In the hands of a receiver. Is closout its stock of goo^s. FORMER OFFICER FINED Patrick Foran Assessed 5250 and Sentenced to State Farm. Patrick Foran, 909 S. M ssouri St., who testified he was once a member of the Ind.anapolis police force, was fined $250 and costs and sentence! to ninety days on the State farm, on a blind tiger charge, by City Judge : Pro Tem. V.ricent Man fold today. Lieutenant Jones test fled that when he raided Foran’s home Nov, 19, he found eighty-four half-pints of white mule. Year Book Nearly Ready | The State Year Book, containing ! annual reports and information about j State government, will be ready for . distribution In six weeks, Charles Kettleborough, director of the leglsla- ; ttve reference bureau, announced day Compilations are a wiring com pletlon, be said.

LODGE OPPOSES RUSSIA TO HALT ‘RED’JMENCE Senator Declares Recognition Would Mean Danger to U, S. Government. By Unit'd Pres , WASHINGTON, Jan. 7.—Recogni tlon of Russia now would subject the United States to a “pestilence of communist propaganda,” Senator Lodge, chairman of the Senate Foreign Relations Committee, asserted today In a $15,000 word speech to the Ser a te telling why the Administration opposes lecognition. Recognition would mean. Lodge said, every industrial center In the countrj would have a Russian consul who would in reality be a communist propagandist. “The question of immediate danger to the government of the United Stales by rev ilution or Insurrection is not the point,” said Lodge, "the t'uestlon Is w'hether you are going to permit the spread of a pestilence through the country. Avery sure wax of permitting it to spread la by at cognizing the people who are undertaking to spread doctrines that would strike at the very foundations of trie organized society and seek to destroy the principles that have made the United States what It Is. “There is something more at stake than trade. There is nothing now to stop trade with Russia- The reason we do not have business with Russia Is because that country Is producing no surplus to pay for our exports to them. Trade is impossible and 1* found so in practice. “But no trade is worth endanger Ing what is far more important, the basic principles of American freedom or the welfare of the American people.” POSTMENDEPICT SERVICEHISTORY National Efficiency Week Opened in Parade. service from the days of the staee coach and pony express waa shown to Indianapolis today by postal en.pioyes in a parade through downtown streets to open observance of postal efficiency week. The parade was headed by a military band from Ft. Benjamin Harrison. Several hundred mail carrlei-s and postal clerks were in the line cf , march. An old stage coach, a rider accoutered like the famous pony ex press riders of p oneers days and an automob le d:guised as a locomotive were emblematic of different stages of development of the service. DETECTIVE’S SHOT HALTS PRISONER DURING CHASE Officer Wounds Man Wanted In Investigation of Robbery. Detet tlve John Mosbey, colored, >hot Ed Moore. 32, colored, 906 Fayette Su. In the back today when Moore tried to escape from 33b“N. Missouri St., according to police. Moore broke away after saying he was ill and asking to be taken outside. Mo* bey Hied and Moore dropped to the ground. They grappled. Moore broko away and ran again. Mosbey fired again as Moore reached Tippecanoe . St. Moore was arrested In investigation of theft of a S6O diamond ring from Mrs. Garfield Hornaday, colored, at w hose home he roomed.

The Copper Situation and the Copper Securities The Improvement In the Copper Industry warrants careful consldratlon of the outlook for tb* copper producers. Our carefully prepared Analytical Digest covering fourteen prominent members or this group should prove very valuable to the prospective Investor. A.k for Booklet C P. No Obligation. (No Promotions) F. H. McNETY & CO. Ground Floor 171 Quincy Street Phone tVshasb 5147 New York Chicago Pittsburgh

STATE BANK STATEMENTS J. C. PRESTON. President J. HENRY FISSE. Vice-President. ED F ZIEGEL. Cashier. Report of the condition of the Brirhtwood State Brink, at Indi inapo’.ls. in the State of Indiana, at the close of it. businew on December 31. z 923: RESOURCES Loans nrd discounts 8288.441.95 Overdrafts 82.87 U S Bond 5.950.00 Other bonds and securitie. .... 0.010.00 Banking house 3,500.00 Due from banks and trust companies 5.821.89 Cash on hand 22.699.76 Cash Items 975.55 U. 9. certiflc*i ■ at indebtedness 60.000.00 Total resources $336,281.82 LIABILITIES Capital stock—paid in 25.000.00 lurp'us 13.500.00 Undivided profits 2.639.78 Dividends unpaid 750.00 Demand deposits. $170,660.18 Demand certiflrates 15.225.30 Savings deposits. 61.840.00 247 731.54 c.rtlflfd checks 1.575.50 Subscriptions to Liberty Loan. 585.00 ■War Loan deposit 43.750.00 Reserve for taxes 760.00 Total liabilities *336.281.82 State of Indiana. County of Marion, ss: I. Ed. F. Zlegel. of the Brightwood State Bank, do so'emniy swear that the mbOTs statement ta true. ED. F. ZIEGEL. Subscribed and sworn to before me. thiw 14th day of January. 1924. k W. B. NICEWANGKR (SEAL) Notary Publi#

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