Indianapolis Times, Volume 35, Number 204, Indianapolis, Marion County, 8 January 1924 — Page 11

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STOCKS DEVELOP , GREAT BUOYANCY ON BIG TURNOVER American Can Goes to New High Figure for AH Time at iioy 8 . ERIE LEADS CARRIERS Pronounced Strength Is Delayed by Whoie Group of Industrials. The WALL STREET JOURNAL NEW YORK, Jan. 8. —Stocks developed further stimulation at the opening today from increasing favor able prospects that tax reduction would be given consideration in Congress before the bonus measure. This outlook helped along the bullish demonstration in progress at the previous close and the whole market was buoyant in the early dealings. Erir Common was the leader of the rail wav Mist, making anew high since 191S at 23. Throughout the early dealings (pronounced strength was displayed by a broad group of industrial stocks First Hour Stocks were turned over in heavy volume through the first hour and further gains were recorded m every section of the list. Erie exceeded the 1918 h.gh of 23% by a full point Great Northern pfd. went into newhigh ground at 59%, up nearly 10 points from the low po.nt of the break prec.p.tated by tax sell.ng at the year end. Amer.can Can was the outstanding feature of the industrials, reaching the h.ghest price ever attained at 110%. There has been fairly heavy selling of Can since the recent dividend meeting. Second Hour Irregularity developed in the late morning from profit-taking and hea-y celling of Pan Americans which broKe to new current lows on the loss f production incident to the activit’oa of the Mexican rebels, but rising tendencies persisted in Individual Mercantile stocks displaced tpecial strength, National Department Stores making anew high on the .movement at 42%. Another feature was Montgomery-Ward. Atchison declared the regular quarterly dividend of 1% per cent common dividend, payable March 1. Twenty active industrial stocks on Monday averaged 96.54, up .22 per .cent. Twenty active rails averaged R 81.78, up .45 per cent. Local Bank Clearings Xndianapo.is bank clearings Tuesday were $3,547,000. Bank debits were 5rt1.190.000. New York Money Market By United Financial NEW YORK. Jan B.—Time money market quiet at lit and 5 per cent. Commeruial paper market steady at 4 % to 5 per oent. Foreign Exchange By United Financial NEW YORK. Jan. B—Foreign exchange opened lower: Sterling, demand. $4.28%; •■ables. 4.28% Francs demand. 4 84%c; • able*. 4.Bs'ic. Lire demand 4 29c; cables, 4.‘29%c. Belgian demand, 4.28 Sc cables 4.30 c. Marks. 5 trillion to dollar. Czecho. demand. 2.9o'ic: cables. 2.90 : Sc Swiss, demand. 17.37 c: cables. 17.39 c. JuiMers. demand 37.67 c: cables. 37.70 c ’esetas. demand. 12.74 c: cables. 12.76 c. Sweden, demand. 20.30 c: cables, 26.40 c. ■lorway, demand 14.33 c: cables. 14.37 c. ienmark. demand. 17.ole: cables 17.55 c.

Produce Markets

INDIANAPOLIS. Jan. B.—Fresh eggs, 'oss off. 30e packing stock butter, 27c: j prings over 2 lbs . 20c iowls, 4 % lbs. up. :2c; fowls under 4% lbs.. 18c; Leghorn poultry. 25 per cent discount: cocks. 11c: otags. 14c: capons. 7 lbs. up. 20c; young tom turkeys. 12 ibs. up. 27c: young hen turkeys. 8 lbs. up, 27c; old tom turkeys. 20c: ducks. 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. B.—Butter—Receipts, 15.234: creamery extra. 54 %c: stands ds. 52c; firsts. 47® 49c; seconds. 44 ® 45e. Eggs—Receipts, 9 977. ordinary firsts. 34® 30c; firsts. 39®40c. Cheese—Twins. 21 %c young Americans. 23c. Poultry—Receipts, 2 cars: fowls. 16®23c: ducks. 14c: geese, 16: turkeys. 24c: springs 20e: roosters. 14c. Potatoes—Receipts. 585 cars; Wisconsin and Minnesota whites, S’ 30® 1.75; Idaho russets. $2.40® 2.50. CLEVELAND. Jan B.—Butter —Extra, in tubs. 58 %®6O %e; extra firsts. 57 % @ 59 %c: firsts, 56%®57%c: packing stock, 28@32c: standard, 56% 058%c: prints lo extra. Eggs—Fresh gathered northern extras, 49c: extra firsts. 47c: Ohio firsts. 45c: western firsts. 44c; refrigerated extra. 28c: refrigerated firsts, 26c. Poultry—Live fat fowls, 24@25c; springers. 24 0 25c: Leghorn fowls. 17c: old roosters. 14 015 c: geese. 19021 c; heavy white ducks. 25@ 28c; light colored ducks. 21022 c: medium fowls, 22®23c; turkeys. 28 029 c. Potatoes—Michigan round whites. $2.25 02.50; Ohio. $2.50 02.65: Minnesota whites, branded. $1.3501.50; New York, $2 0 2.25: all In 150-pound bags. NEW YORK. Jan. B—Flour—Quiet and firm. Pork—Dull; mess. $24 75 Lard— Quiet; Mid West spot. sl3 013.10. Sugar —Raw steady. 6.63 c: refined weaker: granulated 8.60 @ 8.70 c. Coffee—Rio spot, 10%@10%o: Santos No. 4. 15@15%c. Tallow —Strong; special to extra. 8% Q B%e. Hay—Firm No. 1. $1.60; No. 3. $1.260135. $1 15@ 1 .'.>l Dressed poultry —Firm: turkeys. 20@4Uf*v chickens. 170 46c: fowls. 14030 c; capons, 25045 c; ducks. 20030 c. Lire poultry—Firm: geese, 21025 c; ducks. 14 030 c: fowls. 23 ® 30c: turkeys. 22 0 23e; roosters 14c: chickens. 25035 c; broilers. 45 055 c: capons. 36@37c. Cheese—Steady; State whole milk, common to sroctal, 16®20e: State skims, choice to specials. 15®18%o; lower grades. 6® 14c. Butter—Firm; receipts. 14,544: creamery extra. 55c: special market. 65% 056 c: State dairy tubs. 40® 54 %c. Eggs—Firm; receipts, 10.147: nearby whites, 'ancy 50052 c: nearby State whites. 42 052 c: fresh firsts to extras. 43 @soc: Pacific coast, 35®53c: western -whites. 42®55c; nearby browns ,51053 c; Danish. 52 % 053 %c: Argentine, 41 0 48c; Canadian .49052 Vic. Tank Wagon Prices (Gasoline prices quoted do not include State tax of 2c a gallon.) GASOLINE—Energee. 18c a gallon: Purol, 14.2 c; Red Crown. 14 2c; Target 14.2 e: Silver Flash. 18c; Standolind aviation. 10 08e. KERCSENE—Crystaline. 10.70 c Moore Light. 15c; Perfection 10.75 c. NAPTHA —Lion Power cleaners. 25.01c‘ V. M. A P., 20.01 c; Standolind cleaners 20.01 c. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift A Cos.: Ribs—No. 2. 30c: No. 1 17c. Loins—No. 2,25 c: No 3.18 c Round*— No. 2. 20e: No. 3,15 c. Chucks—No. 2. 18c: No. 3,10 c. Plain—No. 2, Sc; No. 8. 70.

New York Stocks (By Thomson & McKinnon) Jan. 8—

Railroads— Prev. High. Low. 12:45. close. Atchison ... 98 % ... 98 98 % B A O 60 59% 60 59% C A O 72% 71% 71% 72 C&NWRy. 51% ... 51% 51% C R I & P 25% ... 24% 24% Erie Ist pfd 32% 31 32% 30% Gt North pfd 59% 67% 68% 58 Mo Pac pfd 31% 30% 31 30% N Y Central 103% ... 103 103% North Pa... 53% 53 53% 63% Pere Mnq.. 43% 43 43% 42% Reading ... 78% 77% 77% 77% South Ry. . 42% 41% 41% 42% St Paul pfd. 25% 24% 25 25 St L A - W 37% ... 38% 37% Union Pac ..129% 129% 129% 129 Wabash pfd. 37% 30% 30% 30% Rubbers— Kelly-Springd 33% ... 33 33 U S Rubber 39% .... 39% 39% Equipments— Amcr Loco . 75 74% 74% 74% Baldw Loco .126% 125% 125% 125% Gen Elec .. 197 .. . 197 196 % Lima Loco.. 67 ... 66% 67 Pullman... 124% 123 124% 123% Westh Elec.. 61% ... 61 61% Steels— Betlrcliem .. 54% 53% 54% 54% Crucible 68% .... 67% 67% Gulf States. 83% 82 82% 83% R. Iron Si S.. 52% .... 62% 62% U S Steel. 100% ..... 99% 100 Vanadium ..31% .... 31% 30% Motors— Chandler M.. 65 03% 64 64% Gen. Motors.. 15% .... 15% 16% Max. M. (A) 55 53% 64% 54% Max. M. <Bt 15% 15 15% 15% Studebaker ..108% 107% 107% 108 Stromberg .. 82 % .... 82 % 82 % Stewart-W. .. 96% 94% 95% 95% Timken 40% .... 39% 40% Willys Over... 10% .... 10% 10% Oils— Cal. Petrol... 25% 25% 25% Cosden .... 35 % 34 % 34 % 35 % Houston Oil. 70 69% 70 09% Marland Oil.. 35% .... 35% 36%

Your Dollar Uncle Sam Tells Who Gets It,

baking powder 58 // Ce a-r* I r*tats |i y^C .errTJ Ovisrbeaa^ S'lc/c/c/tng // NV-'Ta x e *9Z3 Bjf Ralph f Couch, Vash,o.C N r EARLY every person in the United States eats some baking !.■■■ J powder each day. It is an im portant ingredient of most short breads and many pastries. Without it the biscuits that mother used to make would not have been a pleasant memory. Fifty-eight cents of each dollar the manufacturer receives for his baking powder goes to pay for his materials, according to data collected by the United States Government. Four cents goes to pay the worker, leaving 38 cents for profit, overhead and taxes. If wages were increased 25 per cent the manufacturer would have to add 1 cent to each dollar of his selling price to cover the increased cost. A like increase in materials would add 14% cents for each dollar. NEXT: Copper. IRREGULARITY CREEPS INTO CURB DEALINGS Backing and Filling Process Continues Unabated. Bu United Financial NEW YORK, Jan. S.—After a firm opening, Irregularity crept into the forenoon curb market and at 11 a. m. the movement was heavy. Backing and filling of prices noted since the first of the year continued. Stutz Motors went lower while Durant was off % at 26. Todd Ship yards started better at 44 % and went to 45t4. In the oils. Standard of Nebraska was off 1%, Ohio 1, International Petroleum %, and Imperial of Canada *4. Admitted to trading United States Distributing Corporation 27,500 new authorized shares 7 per cent cumula tive preferred stock par value SIOO, 220.000 newly authorized, shares of common stock without nominal or par value, both securities, when, as, and if issued. Also the United Gas and Electric Corporation "A" new consolidated corporation, 64,993 authorized shares cumulative preferred stock par value SIOO and 240.000 authorized of common stock, no par value. HIGH YIELD RAIL BONDS FEATURE EARLY TRADING Foreign Bonds Show Very Little Change—New Highs Made By United Financial NEW YORK, Jan. B.—The outstanding feature in early bond dealngs was the heavy demand for and sharp rise in rail bonds, particularly the high yield issues. New York, Westchester & Boston first 4%s made anew high on the move at 45, up 7% from the last week of 1923. Seaboard convertible 4%s made anew high at 70%, up 1%. Erie convertible 4s D. 63, up 1%; International G. N. adjustment ss, 43, up 1, and M., K. & T. adjustment ss, 54, up %. Virginia-Caroliaa Chemical 7s, 86Tb, up %. Cuban American Sugar 8s sold at anew high on the move at 107%, up %. Sinclair Pipe Line ss, 84%, up %. There was little change in foreign bonds. French 7%s and 8s and Britain 5%s were a shade lower. In the Cotton Market By United Financial NEW YORK. Jan B.—Cotton market opened nigher January. 34 60c. up 20: March. 35.08 c, up 20; May. 35.38 c. up 29; July. 34.23 c, up 20. Cloverseed Market Local dealers are paying $lO @ 12 a bushel tor cloverseed Building Permits S. A. Morgan, furnace. 1052 River, $250. J. W. Jonshon. double, 1124 Gimber. $2,400. Alvis Deree, garage, 1901 8. Pershing. SSOO. F. J. Cassell, garage, 3317 E. Mlhcigan, $350. Local Wagon Wheat Local and clevatsrs are paying $1 for No. 2 red wheat.

12:45 Prev High. Low o m close. P-Am. Pete. 56% 54 54% 50 P-Am. P. (B) 54% 62% 52% 53% Pro. & Ret.. 38% 35% 30 38 Pure OH . . 24 % 23 % 24 24 Vi S. Oil of Cal 04% 62% 03 63% S. Oil of N. J. 40 % 4) 4040 Sinclair ... 20 Vi 26 Vi 20% 28% Texas Cos 4 .... 43 % 43 % Minings— Gt. Nor. Ore. 28% .... 28% 28% Texas G. A S. 62% .... 62% 63 Coppers— Am Smelt... 00% 60% 60% 60% Anaconda .. 38 Vi .... 38 38 V Kennecott . . 35 % 35 Vi 35 % 35 % Industrials— Allied Chem.. 74% 73% 74 Vi 73% American C. .110% 108% 10.8% 108% Am Woolen. 70 74 % 78 74 % Cent. Leather 16% 15% 16 15% Comp A Tab 90% 95 90% 94% Cont Can.... 59% 68% 58% 59% Davison Chem 89 Vi 60 68 68 Fara Players. 71 % 70 70% 70% Gen Asphalt. 44% 42% 42% 43% lilt Harvester 83% ... 83 83% Moat Ward. . 26 Vi 20 26 % 20 % Sears-Rbuck. 88 ... 87% 87% USC Iron P 80 78% 79% 79% U S Ind Alco 72% 71% 71% 72 Utilities— Am T and T. 127 126% 127 170% Consoli Gas. 64% ... 64% 64% Columbia Gas 30% 36% 30% 30% Shipping— An tnt Corp. 23% 23% 23% 23% Int M M pfd. 33 ... 31% . 33% Foods— Am Sugar... 55% ... 55% 65% Com Prod... 152 ... 154 154% C C Sug pfd. 63 62% 62% 03 Cub-A Sugar. 33% ... 33% 33% Punts Aleere. 50% ... 50% 67 Tobaccos— Am-Sumatra . 20% 25% 25% 25 Tob Prod B. 60% 06% 00% 67

GRAINS STRONGER IN INITIAL TRADE Corn Meets Selling Pressure on Opening Bulge, Bu United Financial CHICAGO. Jan. B.—Grains opened strong or. the Board of Trade today. Strength in outside markets reflected in wheat trading and resulted In some buying at the opening. Liverpool opened y 2 to % higher with merchants who disposed of stocks to millers during the last break in sterling, taking advantage of Monday's rally in foreign exchange, and accepted large parcels of Manitobas. Corn started strong but met selling pressure on the bulge. Better weather and increased country offerings caused earlier buyers to take profits. Trading in oats was confined to the May delivery on a higher basis. Improved eastern interest in the cash article caused a slight up-turn in the near by months, while others remained unchanged. * Provisions were irregular, with few early sales. Lard suffered on account of decline m hogs and easier cables. Chicago Grain Table (By Thomson t McKinnon) At 11:45—Jau. 8. WHEAT— Prev. Open. High. Low. Close, close. May.. 109% 1.09% 1.08% 1.08% 108% 108% 108% July.. 1.07% 1.07% 100% 106% 1.00% Sept.. 1.00% 1.00% 106% 1.05% 105% 1.06% CORN— May.. .76 .70% .76% 70% .75% .75% .75% July.. .70% .77% .76% .77% .70% .70% Sept.. .77% .78% .77% .78 .77% OATS— May.. .45% .40 .45% .45% .45% .45 % July.. .43% .43% .43% .43% .43% Sept.. .42% .42% .42% CHICAGO. Jan. B.—Primary receipts: Wheat. 507.000 against 1.430.000: corn. 9,270.000 against 1.550,000. oats. 6.040.000 against 922.00 Shipments: Wheat. 30.000 against 6.110.000; corn. 749.000 against 1,189.000 oats. 342.000 against 090.000. CHICAGO, Jan B.—Car lot receipts: Wheat, 18: com. 200; oats. 72: rye, 2. Marriage Licenses Richard Toas 52. New York; Eva McNamara, 50, English Hotel. W J. Gibbs 25 808 E St. Clair; Catherine Miller, 32. 220 Eden Piic-e. Frank Wilson, 48 1120 S. West; Arveda Watts. 38. 918 Chadwick R. E. Jones, 21. 1132 N. Temple: Thurza Agenbroad. 20. 410 E. Walnut, Ralph Pole. 21. 530 N. Beilevteu; Mary Janlk. 10. 714 Haugh. George Lsswell. 48, 1805 N. Keystone; Charity Abrams. 40, 534 W. Thirteenth. R. A Fuhs 23, 2342 Coyner: Lenora Lents. 19, 1530 Roseline. W. J. Borgmann. 23. 1508 Churchman: Esther Herring. 29 150" Churchman. Births Bo>s John and Mary Hughes. 4053 Oraeeland Lloyd and Faye Romine, 6080 E. ThirtyFourth. John and Rosa Foreman, 921 Coffey Carl and Elizabeth Jett. 2835 Burton Leals and Catherine Brown. 40 Hendricks PI. Tinsley and Margaret Spratt. 1530 W. Vermont. James and Ada Mundy. 711 E New York. C yde and Lottie Scars, 2738 N. Station. Hubert and Ada Thomas, 827 W. Fourteenth. Ignatius and Marie Dlppel, 1253 8. East. Harry and Mary Hidingcr, 809 N. Colorado. Charles and Hazel Heflin. 902 N. Pennsylvania. John and Esther Vail, 1334 E. Market. Bam and Modella Abbat. 943 N. Alabama. Henry and Winnie Mitchell, 802 W. Twelfth. Harry and Carollno Bireley, 243% Virginia. Raymond and Agnes Henley. 402 W. New York Francis and Bcmloe Yates, 1877% Shelby. John and Ludle Arens 940 E. Georgia. Girls Otto and Cordelia Buhneing, 2125 Napoleon. John and Lula Lucas, 2027 W. New York. Fay and Matilda Davis, 440 N Oxford - Harvey apd Nellie Reese, 719 Spring. Chester and Ethel Mann. 2053 Caroline. Victor and Delia Ball, 401 Arbor. O’yde and Lottie Sears. 2738 Station. Malcolm and Margaret Whitfield, Clark Blakeslee hospital. Pe In and Sarah Grady. 128 S. Elder. Paul and Helen Ruffin. 1514 Naomi Orville and India Seals, 1349 W. McCarty. Fred and Irene Gillespie, Clark Blaeslee hospital. Deaths Orville Renzo Porttu. 40. 3532 E. Tenth, pulmonary tuberculosis. El’a J Beard. 72. city hospital, hypostatic pneumonia Llo"d Ellis Osden. XI days 33 Q 9 W MiehIgna. non elontrp of foreman ovale. Valentine Pritiz, 37, Deaconess Hospital, encephalitis. Carrie B Ketcham 55, Deaconess Hospital broncho pneumonia. Elsie Legendre 85. 34 W. Thlrrty-Third, broncho pneumonia. EHzabrnti Wilson, 79. 30 S. Grace, lobar pneumonia. Niei-ioss Gerblg. 82. 1447 Gimber. arterio sekroflis. William Everett Polk, 55, 010 E. Morris, acute pumonary oderoa. Mare- Pngelhardt. 1(0. city hospital, acute myocarditis. Horace Monroe Smith 70. 721 N. New Jersey, mitral insufficiency. Beniamin Franklin Farles. 50. 1835 N. Mifidian. pnlmonarv tuberculosis. Aertn de Lyon, 84, 1805 N. Delaware, peritonitis. Oscar A. Coper, 60. 1241 9hepard, cerebral hemorrhage. Ruth Rmbardson, 14. 138 Tacoma Terrace, influenza. Elizabeth * Crampton, 06. 824 Ct.urch arterio sclerosis. Ethel Mr,- Martin, 30, St. Vincent Hospital. carcinoma.

I±l±J ilAlUtlS

HOGS DECLINE ON HEAVY RECEIPTS Loss Quotably 25 to 35 Cts. —Truck Offerings Large, Hog Prices Day by Day Jan. 250-300 lbs. 200-225 lbs. 150-1 80 lbs. 2. 7.50® 755 7.40 (ti) 750 7.35® 7.50 •3. 7.50® 7.55 7.40® 7.45 7.30® 7.35 4. 7 50® 7.55 7 35® 7.45 7.30® 7.35 5. 7.60® 7.05 7.55® 7.00 7.50® 7.55 7. 7.80® 785 7.75® 7.80 7.75® 7.80 8. 7.55® 705 7.50® 7.55 7.50 Increased offerings locally and at most leading primary market centers caused a downward revision in hog prices in trading at the local live stock market today. The decline was generally 25 to 35 cents, with the average cost dropping perhaps 30 cents in most instances. The top for heavies was S-7.65, though most heavyweights sold lat $7.55 and $7.60, with some extra I choice mediums bringing $7.55, and ; lights, light mixed and most mediums - piling at $7.50, at which figure the l uik of sales was made. Pigs were ; weak to 25 cento lower at $7 down, as were sows at $6.50 down. The clay's receipts touched 17,000, inclusive of Monday's unsold numbering 255. Receipts in the truck division largely accounted for increased offerings, us trucks were lined up at the sheds wailing to bo unloaded until after 10 o'clock. Traders were predicting large car receipts Wednesday on the theory i that Monday’s advance would induee I distant country shipments. The cattle market opened active, I due to fairly large receipts of 1,200 ! which included several good loads of ! steers, quite a few good to fancy heif i ers and the general run of common ito medium stock. For the most part I trading was at generally steady j prices, only heifers showing anv j marked weakness. The caif market was active at prices , generally a half dollar hlghei with top veals bringing sl6 and the bulk sls ;to $15.50. Receipts 500. Unusual activity marked trading In ■ the sneep und lamb department due to Increased receipts of 600 hea 1 whicn included some western fed lambs which sold strong to higher at $13.85 while natives were steady at *13.50 down and sheep unchanged at $7 down. Choice light* $ 7 60 Light mixed 7.60 Medium mix,® 7 50® 7.55 Heavyweight* 7 65® 7.05 Top 7 05 Bulk of wales 7.60 Pigs 0.50® 7.00 Packing towi o,oo® 0.50 Cat 11 ** ■■■ Few eh ice steer* slo.oo® 11.25 Crime corn-fed ulcers, 1,000 to 1.800 lbs ... 9.00® 0.50 Good to choice steers. 1,000 to 1.100 lbs 8.50® 9.00 Good to choice steers. 1.000 to 1,200 lbs 7.50® 8.00 Good to choice steers. 1.000 to 1.700 lbs 0.50® 7.00 Common to medium steers. 600 to 1,000 lbs 5.00® 7.00 —Cows and Heifers— Good to light heifers o.oo® 10.00 ' Good heavyweights 7 25® 9.00 Medium hellers 0 00® 7.25 Common cow# 3 00® 0.00 Fair cows 6.00® 7.50 Cutters 2.73® 3.25 Canucra 2.23 ® 3.75 —Bulls— Fancy butcher bulls $ 5 00® 0.00 Good to choice butcher bull*. 6.00® 660 Bologna bulls 4.23® 4.73 —Calves— Choice veals sls 00® 10.00 Good veals 12.00 014 00 Lightweight veals 10 00® 12 00 Common veals ............ 8.00©10.00 Common heaviee tioo® 7.00 Top 10.00 —Sheep and Lambs—- : Extra . choice lambs t\ o.oo 0 13.50 Heavy lambs B.oo® 10.00 Cull lambs 6.00® 7.00 Good to choice ewes 4.00® 7.00 Cull* 2.00® 3.00 Other Livestock CHICAGO. Jan. B.—Cattle—Receipts, 16,000; market, beet steer* and yearlings shady, early: moderately 'active undertone weaken lower grades: fat matured steers and yearlings, $11; bulk $7 7 ®lO tat shestock weak, 25c off, other classes In line with Monday: weighty bologna bulls. $5.25; : bulk veals to packers. sll.ott® 12. Stockers scarce. Sheep—Receipts. 25.000; market I fairly active fat iambs weak to 15c off; sheep and feeding lambs steady; bulk fat [lambs, $13.36® 13.85 fed lamb* ami year- ' lings. sl3; good choice kind* today sl2 75' practically no early sales sheep. Hogs—Re- | ceipts, 04.000; market, slow to 10c off; ! top, $7.45; bulk Bales. $7®7.30; heavy I weight, $7.25® 7.45; medium-weight. $7.20 j 0 7.40 lightweight $7 ■/ 7.30: light light , $0 60® 7.20; packing hogs, smooth, $0 75 1 ®0.95; packing hogs rough. s6.ooft 0.75: I slaughter pigs $5.75® 0 85. | CINCINNATI Jan. B.—Cattle—Receipts. 1060; market generally steady; shipper*. ■ $7 5,[email protected]. Calves—Market 50e higher; 1 extras. $11.50 ® 13.60. Hog-t—Receipts. I 1.500; market steady >o 10c lower: good to ' choice packers. $7 90 Sheep—Receipts. 50 market strong, extras. $4.50®0. Lambs —Market strong fair to good, sl3® 13.50 EAST ST LOUIS. Jan. B.—Cattle—Receipts. 5,000; market beef steers slow: native beef steers, $7 @73..,; yearlings Mhd heifers. $9.75 up: cows. $5.25 up; eanners and cutters, $2.15 @3.25; calve*. sl3 25® 13.50: stockers and foeders, $4.60®0 Hogs —Receipt*. 22,000; market 25c to 30c lower. heavy, $7.25® 7.60; medium, $7.20® 7.50; lights, $0.90@7 45: light lights, $0.15 ® 7.35. packing sows, $5.85® (1.40; pig* $5 7506.85; bulk. $7 0 7.45. Sheep—Rc ; i ceipts, 2.600: market steady; cwts. [email protected]; , "aimers and cutters. $1 50@5; wool lambs i sll 60® 13.25. EAST BUFFALO, Jan. o.—Cattle—Re ceipts. 275 market, active, firm; shipping steers, slo® 12; butcher grades. $8.50 ® 10; cowi, $2.50® 7. Calves—Receipts. 500; market, active, steady: culls to choice, $4.50 ! ® 10. Sheep and lambs—Receipts, 0.000: j market, lambs 25c lower, yearlings 50c higher, sheep steady: choice lambs sl4® ■ 14 25; culls to choice. $8.50® 13.50: vearI lings. s9® 13: sheep, $3.5009.50. Hogs— I Receipts. 0 600 market, active, higher; ; Yorkers. [email protected]: pig*. $8: mixed, sß® 8.10; heavies. sß® 8.10: roughs. so® 0.50: stags, s4®s. , KANSAS CITY. Jan. B.—Cattle—Receipts. ! 13,000; calves, 3,000; slow beef steers sold I early; quality medium to good: few early i -ales; fat cows and heifers around steady; : eanners and cutters dull; bulls steady: calves around steady; desirable Stockers and feeders fairly active, steady: early sales, [email protected]. Hogs—Receipts, 18.000; 10c | lower to shippers; good to choice, 170 to i 200 pounds, $6 90® 7.20. Sheep—Receipts ! 4 000; lambs 10c to 16c higher: early top. I $13.25; wethers fed lot. largely sl2 75® 1.3: | sheep steady: lightweight ewes, $7.75. PITTSBURGH. Jan. B—Cattle—Receipts light: market, steady; choice, $9 75® 10 50 good $8 50® 9 40: fair, $0487.40: veal calves. sls® 16. Sheep and lambs—Receipts. light; market, steady prime wethers. I sß® 8.50: good $7.25® 7.75: f, jr mixed. $6 |® 7: lambs 911 <3! 14.25. Hogs—Receipts, ! 20 dd: markets, lower: prime heavy. sß® 8 15: mediums. sB®B 15: heavy Yorkers. $8.2008.25; light Yorkers. $7.7508 pigs. $7 25® 7.50: roughs, [email protected]; stags. $3 1 @4. CLEVELAND. Jan. B.—Hogs—Receipt*. 4,000; market steady. 10c Iwoer; Yorkm-s, $8 mixed. $8; medium. $8; pigs. $7 50ronghs, $025; stags, $4.50. Cattle—R-l ceipts. 300; market steady, unchanged. Sheep and lambs—Receipts, 1.000- market 280 lower; lop. Sl4 Calves—Receipts. | 300; market active; to). $15.50.

Gone, but Not Forgotten

Automobiles reported stolen belong to: D. H. Smith, 1426 Ashland Ave., from Vermont and Meridian Sts. Mrs Norma Chambers, 3516 Balsam Ave., Apartment 1. from near New York and Pennsylvania St.

Missionary Party on Way to Batang When Tibetan Bandits Began Siege

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J. A. GEORGE NEW NATIONAL CITY DANK DIRECTOR Janies P. Goodrich Elceted to Serve as Chairman of Board. John A. Goorße, president of the Indianapolis Coal Company, was elected a director of the National Uity Bank at the annual meeting today. Other directors were re-elected. Hoy C. Shaneberger. announced as president to succeed James P. Goodrich several weeks ngo "'3-3 officially elected. Goodrich was elected chairman of the board, Josephuse L. Hohinson was elected cashier. Officers re-e'.ected: Frank M. Millikan, John R. Welch, and Brandt C. Downey, vice presidents; and Josephine E Henley, assistant cashier. Changes in personnel of several other banks were expected today. j Officials of the Fletcher American ' National Bank declined to disclose the j identity of men contemplated as three 1 tors to succeed William F. Plei. who j died in September, and Oscar P. Well- j born, who is in Europe. Election of L. IL Trotter, Indianapolis, as a director of the Fletcher American Company, connected with the bank, was anticipated. Addition of MaJott Fletcher to directorship of the Indiana National bank was announced. Wolmer E. Bushong. assistant sec-retary-treasurer of tho Washington Bank and Trust Company, will be transferred to the real estate department as a result of the discontinuance of his present office, It was said. Meetings also were to be held at the J. F. Wild State, Merchants National, and Continental National honks, but no changes were to be made, officials stated. NEGRO GUNMEN _ SLA7 CHICAGO PATROLMAN Dead Officer Had Just l/ectured Members of Force. Bu United Prrit CHICAGO. Jan. B.—Two of three negro gunmen who shot and killed Patrolman Vincent Skiba and wounded his partner. Joseph C. Lamb, Monday night, were hunted throughout Chicago today. One was captured A few minutes before his death, Skiba had lectured to young patrolmen on benefits of the Policemen's Benevolent Association. "You never know, bos, when you're going to get It,” he said. "Maybe tonight—maybe tomorrow night." ‘A KING FOR A DAY’ Only Miss Bray Was a Sergeant for Eight—Reduced by Board. After being a sergeant just eight days, Miss Rachel Bray, in charge of the police accident prevention bureau. was reduced to policewoman by the board of safetv today. The reduction was on recommendation of Chief Kikhoff after Mayor Shank said her promotion was causing trouble among other women city employes. Charges of drunkenness were filed aaglnst Trafflicnmn Roger McGuire by Rlkhoff, and charges of conduct unbecoming to a Doliceman were filed against Traffieman Roy Lacey. Police said they found five gallons of beer at Lacey’s homo. Charges of unbecoming conduct were filed against Justin Ilornatlay of pumper comnanv 14. A’alter Hayden was named substitute fireman. Resignation of Patrolman Kirby Barnett was accented.

Times Proverb Contestants Lay Siege to Books at Public Library as Last Lap of Race Starts

®rrr~EG pardon, but may I have I B Ithal1 thal k oo ** next? ’’ 1 ) "What’s your number?” “Why, 452.” "Nope. Mine’s 450. Another Is ahead of you.” And the anxious contestant goes down the line, followed by a score more, trying to get a lease on another book of proverbs held by some lucky one who happened to be first at the public library when it opened that morning. Little did the Times proverb editor dream that his contest would start an organized Social movement to thrash out what a proverb looks like in pictures. Yet next Sunday, at the public library, a large group of contestants will gather to discuss and compare answers to the picturfzed proverbs • which have appeared in The Times for the last two months.

ABOVE, TOP ROW. LEFT TO RIGHT—LELAND EMERSON, RAYMOND PETERSON. DR. IVAN WORHLEY, MRS. IVAN VVORHLEY. LOWER ROW. LEFT TO RIGHT—MRS. LELAND EMERSON, MRS. RAYMOND PETERSON, MISS GRACE YOUNG, AND MRS. J. C. OGDEN. ALL OF WHOM WITH THE EXCEPTION OF THE WORHLEYri, GRADUATED FROM THE COLLEGE OF MISSIONS LAST SPRING. IS SOMEWHERE IN CHINA EbJ ROUTE TO BATANG, WHERE THREE MISSIONARY FAMILIES ARE REPORTED TRAPPED BY TIBETAN BANDITS. BELOW, LEFT TO RIGHT—SHELTON M'LEOD, DUNCAN M’LEOD, LLORA M'LEOD, CHILDREN OF MR. AND MRS. RODERICK M’LEOD, MISSIONARIES WHO LIVED IN THE BANDIT-SURROUND-ED COLON Y. THE M'LEODS MAY HAVE ESCAPED BY DEPARTING FOR AMERICA BEFORE THE BANDITS ARRIVED.

AUTHOR SURPRISED BY WIFE’S CHARGES Nina Wiicox Putnam Declares Chauffeur Is Only an Employe —Don't Want to Marry Anyone, She Says,

(Copyright 1924. Unlb-d Press) v NEW YORK. Jan. B.—Suffering from nervous collapse as a result of shock from the developments in her marltai and domestic affairs of the past few days, Nina Wilcox Putnam, noted author and short story writer was today confined to her room in the Netherlands Hotel, seeking to piece together the threads of fiction-like allegations which have floated down about her head. With her decree of divorce from R. J. Sanderson set aside by the court at Providence, followed by the charges of Mrs. Ellsworth Bassett, Madison., Conn, Miss Putnam faces an unusual situation. Anticipating a divorce from Sanderson three years ago. Miss Putnam established what she thought was legal residence in Providence. Bassett did not enter her employe until last July. "I did not seek a divorce from Mr. Sanderson because of a desire to marry someone else,” said Miss Putnam. Married IJfe Impossible "I sought a divorce because my married life had become Impossible. “I have no strange or new ideas on divorce unless the fact I do not believe in* divorce is considered strange. “Divorce is a thing to be avoided to the very limit of human endurance. I do not think a woman should resort to divorce except in extreme neces elty. Charge* Are Surprise "The charges of Mrs. Bassett were a complete surprise to me. It was she who first arranged for her husband to enter my employ. "My physician advised me to take a rest and a motor trip to Canada last summer. I could not have driven a car that far and looked about the village for someone who might act as chauffuer. I called Mrs. Bassett and asked her if her husband would be able to do this work for me. She said he would, and it was through her the financial terms were arranged. “There was no hint from Mrs. Bas-

So great is the siege at the reference desk of the library for books of proverbs and maxims, a special card system has to be used. Nearly 600 requests were made for the eight books of proverbs there since Deo. 26, when the majority of pictures had already beer published. No one knows how many had been there before, as no count was kept. The users are limited to an hour each in the use of the books. One book is a special favorite, Christy’s "Proverbs, Maxims and Phrases of the Ages.” Persons from nearby towns came to the library in delegations, seeking the precious books, unwilling to wait their turn for the small town library’s single book. As each hour is up, a crowd surrounds the reference desk and waits feverishly for the copies to be turned in. Most of

sett or any one else that my business relations with Bassett were under suspicion before we left for Florida on the trip from which I have just returned.” Mrs. Bassett alleged one night last July she was summoned to Miss Puthouse and during a conference lasting several hours was urged to give up her husband so Miss Putnam might marry him. CHANGE OF VENUE ASKED Suspect in Killing of Cashier .Asks Case Be Taken From Knox. Bu United Press VINCENNES, Ind., Jan. 8. —A change of venue from Knox county has boen by William 'Jones, charged with the slaying of Charles Wright, assistant cashier of the State bank at Edwardsport during an attempted hold-up in November. Fred Armstrong, the other suspect, said he would enter a plea of guilty. Armstrong blamed the tragedy on white mule He said he and Jones had been drinking nil day before the hold-up, and that they were drunk when they attempted the hold-up. Sendee Club Hears Woollen "Permanent prosperity will come only when farmers are able to sell their products and make their purchases at one price level,” said Evans Woollen, president of the Fletcher Savings an<j Trust Company, to the Service Club at the Lincoln Monday. He praised the Federal Reserve bank ing system, which, he said, has resulted in an elastic currency and sound business conditions. Haag Esiate $147,712.71 According to an inheritance tax assessed against the estate of Louis E. Haag, former Indianapolis druggist, of $7,295.75, the estate amounted to $147,712.71. A tax of $2,120.91 was levied on the $96,363.55 estate of Hence Orme, farmer, murdered Nov. 18, 1922. All the estate was inherited by Hence Orme Jr., only child.

them are women, but many men have turned to it with gusto. Many personal friendships Jjtve been formed within the besieging army. The gathering next Sunday afternoon is a result. One contestant, a club woman, asked a librarian to do considerable work for her in organizing a club paper. "But why don't you do it yourself?’’ the librarian asked. "Oh, 1 can't, really. The proverb contest takes ail my time," A Big Four Railroad man from Cincinnati was following the contest in the Cincinnati Post, a ScrippsHoward paper. His runs end here and he immediately seeks the library to pour over the proverb reference bocks until his train Is made up for the return trip. A new copy of one of the proverb reference books was placed *ln

FIGHT TO UNSEAT ’SENATOR MAYFIELD STARTS IN SENATE T Klan and Anti-Klan Forces Prepare to Submit Mass of Evidence, By United Press i WASHINGTON, Jan. B.—Senatorial j investigation of the selection of Senator Earle B. MayfieM, Texas I Democrat, gets under way today. A special committee of five —three Republicans and two Democrats— I meets to map out the inquiry, j Attorneys for Mayfield and George I E B. Peddy. who is contesting tne ; election and promising an expose of the Ku-Klux Klan, are present, Klan and forces have i t een preparing evidence for weeks Edward Y. Clarke, former Imperial wizard of the Klan, will have a representative present and may appear himself. "I promise on absolutely unbiased and fair hearing,” Senator Spencer, Missouri Republican, chairman, said. Mayfield is represented by W. F. Sumbrumm, Kansas City and Staa-vr Hanger, Ft. Worth, Texas. Peddy ' represented by Luther Nickels and Scott Woodward. The committee which will make the : inquiry is composed of Senator Spencer, Greene of Vermont and Ernst, Kentucky, Republicans, and King. Utah and Neely, West Virginia, Democrats.

NO DECREASEfOR RENTERS IN 1921, REALTJRSASSERT Cost of Lumber May Drop, but Housing Cost's Stationary, Building materials and lumber probably will drop in price this year, but Indianapolis tenants will pay the same rent as formerly, say local real estate dealers. Lumber has made a slight decline In price in the past ter days, they say. "There will be no increase In rentals,” declared Henley T. Hottell, executive secretary of the Indianapolis Real Estate Board. “If there should be any decrease, it will not be immediately. Rentals will depend largely upon industry." The remarkable building boom realized in Indianapolis in 1923 w.ll be exceeded In 1924, but there may b 6 an Increase in business property rentals, realtors said. A. W. Dickson, executive secretary of the National Association of Building Trades Employers in convention at Chicago today, said, "Rent payers win find little, if any, relief from the landlords this year." "Neither will rents be raised. Contemplated residential building would exceed last voar’s record, but any increase will be swallowed up by the present shortage of one million houses.” NOT A BARREL IN SIGHT Basketball Player’s Clothing Stolen From Church. Motorpolice Mangus and Rankins rushed to the rescue of John Matheny. 2250 Pierson Ave.. whose clothing had been stolen from the gymnasium of the Meridian St. M. E. Church, St, Clair and Meridian Sts. Matheny was taken home In the police machine, shivering in his scanty basketball uniform. The same thief got a knife and *1 belonging to Charles Barnett. 607 N. Delaware St„ and $1.20 belonging to George Martin, 17 E. St. Joseph St., police said. COUNCILMEN ‘COVERED’ Second and Third Toupees Make Appearance in City Hall Chambers. Echoes of the recent cold wave resounded In city council chambers Monday nigr.t, when Councllmen Theodore J. Bernd and Ira L. Bramblett were presented toupees. Bernd was given a bright auburn toupee and Bramblett a curly black one. President Walter W. Wise surprised the council three weeks ago when he appeared wearing a toupee. Two Brothers Missing Two brothers, George. 10, and Walter N. Eastes, 7, are reported missing from their home, 720 N. East St., today.

circulation. After a few days, it is quiie as much a veteran as some of the age-old tomes hidden in the dust of secluded shelves for years "Newspaper contests very often Influence our book circulation,. 1 ’ said one librarian.” It Is sometimes irksome, but with the proverb contest we have felt much sympathy. Decause it is edifying and valuable, and have expended all effort to aid persons who apply for books.” Hundreds left the desk before getting the books. Had they waited as hundreds did. the circulation •** the book would have been much greater it was said. There is still a long waiting list The proverbs are dUo at The Timas office by nocn, Jan. 16. The lihrarla is are preparing for an Increasing number of request* aacb day. . *

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