Indianapolis Times, Volume 35, Number 206, Indianapolis, Marion County, 10 January 1924 — Page 11

THURSDAY, JAN. 10, 1924

RAILS BDUYANT DESPITE PROFIT TAKINGIN SPOTS Industrials Depressed by Selling Influences —Some Sharp Breaks, WABASH AT NEW HIGH Rock Island Assumes Leadership of* Low-Priced Carrier Group, The WALL STREET JOURNAL NEW YORK. Jan. 10.—Senator Smith’s election to the chairmanship of the Senate’s I. C. C. through the aid of the La Follette Insurgents and the determination of the Democrats to report out a bill sharply reducing freight rates for the benefit of the farm failed to check the heavy turnover in rail stocks in the early deal lugs today and Rock Island assumed the leadership of the low-priced group, to anew high on the current at 26% on large dealings. New Haven also continued extraordinary actively around the best levels of the movement. First Hour Industrials continued under the depressing influence of profit-taking through the first hour. Cast Iron Pipe broke practically 4 points to 79% and setbacks of a point or more took place in various other features of the recent advance. The rails, -however, maintained a strong tone, the volume of dealings in stock of this class continuing extraordinarily heavy. Wabash preferred “A" sold at 3S ! 8 . the highest since 1918, reflecting 1923 earnings of at least $3 a share on the common.

Second Hour Although Castiron Pipe continued reactionary, reaching a low of 76 t>efere 12 o’clock, compared with this week’s high of 84%. the general list drew away from the irregular tendencies of the first hour. At noon the whole market was stimulated by the publication of Steel Corporation's unfilled tonnage statement for December showing an increase of 76.000 tons, the first gain in the bookings since March and Steel common again scld above par and Corn Products moved up to anew high record hign above 160 while recoveries averaging a point took place in Raldwin, Can and other industrial leaders. Noon Hour ■ In the rail list increasing activity F took place during the noon tra 'iag. Southern Pacific made anew high on the move ment at SBfb on reports that an extra dividend was to he considered at the meeting of the directors. This assembly, however, was postponed. due to the lack of a quorum. Postum Cereal sold up to 58%. up 1% i t. on increfi.se In dividend rate to <4 annually. The new rate is equal to ?8 annually on the the old stock, Postum having paid a 100 per cent stock dividend in June, 1923. Fourth Hour Trading slowed down in the early afternoon. No impairment of the market’s strong tone took place, however, and forward movements went ahead in individual stocks. Missouri pacific preferred came to the front In the rail list, reaching anew high on the movement above 33. National Ffseuit was a feature among the Industrial specialties, moving up to a new high on the recovery at 52 ',4. National Alcohol was steady around the best levels of the present rise. Dividend resumption is expected and a 6 per cent annual rate Is most likely. Twenty active industrial stocks on Wednesday averaged 97.04. up .27 per cent. Twenty active rails averaged 83.06, up 1.13 per cent. Local Bank Clearings Indianaoolis hank i-learim-s Thursday were $4,232,000 Bank debits were 55,956.000. ) Foreign Exchange Bv l'nited Financial NEW YORK. Jan. 10.—Foreurn exchange lower: Sterling, demand $4 H: cables, ri.29%. Francs demand, 4.88‘4c: cables. 89c. Lire, demand. 4.32 tie: cables. 4.32%c. Belgian, demand 4.30',e: cables, 4.31 c. Marks 5 trillion to the dollar. Czeclio. demand. 2.90 c: cables, 2.91 c. Swiss, demand. 17.38 c: cables, 17 40c. Guilders demand. 37.69 c; cables, 37.72 c. Pesetas, demand. 12.78 c cables. 12 80c. Sweden, demand, 26.34 c: cables 26 38c. • Norway, demand, 14.38 c; cables ]4.42e. Denmark, demand. 17.5ic; cables. 17.55 c.

RAILS CONTINUE TO FEATURE BOND TRADE Rapid Sale of St. PnuTs Offering Lends Further Impetus. By United financial NEW YORK. Jan. 10.—Announcement that St. Paul’s $14,000,000 offering had been sold gave impetus to continued activity in the rail list in the early bond trailing today. Trading was particularly heavy in the outstanding St. Paul Issues with sill showing gains. The 4s of 25 were up 1% at 71*4 and convertible ss, % at 58%. Frisco group, adjustment 6s and income 6s reached new highs at 76 and 63% respectively. New York Westchester & Boston 4s touched a new high on the move at 7. New Orleans, Texas & Mexico adjustment 5s "A” also made anew high at 86%. Tractions were moderately active and generally a shade higher. Brooklyn Manhattan 6s. 73%, up %. PierceI Arrow 8s were a feature in the indusF(piai group, advancing 2 points to 80. Virginia Carolina Chemical 7s continued strong, selling at 85%. up 1%. American Cotton Oil ss. 89, off 1. Tank Wagon Prices (Gasoline prices quoted do not include State tax of 2c a gallon.) GASOLINE—Energpe. 18c a ration; Purol, 14.2 c; Red Crown. 14.2 c; Target. 14.2 c; Silver Flash, 18c; Standolind aviation. 10.08 c. KEROSENE—Cry t aline, 10.76 c; Moore Light. 15c; Perfection, 10.76 c. NAPTHA—Lion Power cleaners, 26.01 c: V. M. A P„ 20.01 o; Standolind cleaners, SO.Olc.

New York Stocks (By Thomson & McKinnon) —Jan. 10—

Railroads— At 12:45 Prev. High. Low. p. m. close. Atchison ... 99 98% 99 98% B & 0 60% 59% 60% 60% C. & O 75% 74% 76 74% C. & N. W. R. 51% 61% 61% C„ R & P... 27% 26 20% 25% Erie 29 25% 25% 25% Erie Ist pfd. 34 33% 33% 33% Gt. No. pfd.. 58 % .... 58 % 69 Mo. Pae pfd. 33% 32% 33% 32% N. T. Cen.. 103 IC2 % 103 103% N Y N H & H 20% 19% 20% 20% No. Pacific.. 54% 53% 64% 54% Pere Marq. . 43% 43 43% 44 Pennsylvania. 43% .... 43% 43% Readins 78% 78% 78% 78 So. Railway. 42 41% 41% 42 St. Paul pfd 27% 20% 27% 26% St. L. & S. W. 37 36% 36% 36% Union Pac. 130% 130 130 130% Wabash pfd . 39% 38% 38% 38% Rubbers— Goodrich Rub 34% 34% 34% 34% U S. Rub... 42% 42% 42% 42 Equipments— Am L0c0.... 75% .... 74% 75 Bald. Loco.. 126% 125% 120% 125% Lima Loco.. .67% 07% 67% 07% West. Elec.. 61% 61 61 61 Steels— * Bethlehem... 54% 54% 54% 54% Crucible 07 ... 67 67 Gulf States.. 83 81% 83 82% Rep Iron & 9 52 ... 51 % 61 % U S 5tee1...100% 99% 100% 99% Minings— Gt North Ore 28% ... 28% 29 Tex G & Sul 68 ... 63 Coppers— Am 9m. ting. 60% 60% 60% 60% Anaconda.... 38 37% 37% 38 Kennecott.... 33% ... 35% 35% Motors— Chand er Mo. 63% 63 63% 63% Gen Motors.. 15% 15 15% 15 Max Mo "A" 65% 54 54 % 54% Max Mo “B" 15% 13% 15% 16% Studebaker ..106% 105% 109% 106% Stewart-W.... 95 ... 94% 95 Timken 43 ... 39% 40%

Your Dollar Uncle Sam Tells Who Gets It.

salt

I Over Dead j U-*b ,r *cfad>ny M a-fe riaU

• 623 By Ralph F Couch, Vaali, Q.C.

S ~ ALT, which you use on your table every day, helps make Preparation of salt for human use is one of the functions of the chemical industry without which, it is often emphasized, war Is nearly Impossible on its modern scale. This is one reason why the United States Government found it worth while to study salt manufacture and the chemical industry. The Government learned that 20 cents out of each dollar received by the salt manufacturer is passed along to his employes in wages, and 43 cents goes for materials, leaving the manufacturer 37 cents for profit and overhead. Including taxes. NEXT; Photo Engraving.

Business News

NEW YORK. Jan. 10 According to reper* In 'he financial district, 'here exists a short interest of bet ween 2.000 and 2 0"0 it he s'oek of the Mammoth Oil ; Company, organized by Harry F Sine; r to -—onerties acquired by lease from the Government in the Teapot Dome district of WyonMngr. In view of the fact that this ; stock was "stricken from the list” iiy the cf , i la's of the New York curb, where it hail been traded in, there is considerable doubt in the minds of some of those who m short of tills stuck where they are going to (ret the certificates to cover their •urch 'ses The situation Is peculiar tn that no call has been made for de’tvi-ry of these j -hares and that there is sufficient supply of j the stock In a few brokerage offices to make | T’ossib'e its borrowing for day-to-day delivery. The situation might be called a “corner." a’thongh there has been uo limit as yet that those who must eventually buy in : -v, op contracts will be ‘'squeezed." The quotations over the counter now are ,() to S9O per share offered and S9O to *IOO per share asked. NEW YORK—The value of stock of the Ford Motor*Comoany today is 840 nno 000 and within a year will be 51.260 000 000, according to an estimate made >-v the Wad Street Journal. The computation Is basd i on the valuaation of the properties of lh" Ford Motor Comoany of Caned- and iV-r’ s ‘he first time that Walt Street has been | able to approximate the ate-a , n f i Ford’s American Company, although it renI orally has been believed the capitalization was around the billion dollar mark. NEW YORK—Ca’ifomia. Wvomine. Montana and Oklahoma accounted for the ! creater part of the reduction in crude oil ; production in week ended Jan. 5. There was a drop of 20 050 barre’s. a dav in Ca'i'nrnln which averaged 700.300 barrels daily. Santa Fc Springs fle’d In Los Angeles basin yte’ding 10.000 a day 'ess *hs-n in the -*rae-,-nn*r week. Wyoming and Montana combined produced at the rate of 138.350 a day. or 19,550 less, while prodncfjnn In Ok'sh-m- do. dined 8.500 to a daily average of 865.300. NEW YORK—Kay Countv Gas Company, pipe line subsidiary of Mar’and Oil Company. has posted a price of $1.05 a barrel for crude of 42 gravity or better. This is | designed to cover the Tonkawa field where u. v. r,t that hich gravity. Other purchasers in the mid-continent field make their highest gravity. 39 gravity and above, at §1.50 a barrel. NEW YORK—The United State# Steel Corporation unfi'Vd tonra-e statement lsued today for December showed an Increase of 76,735. The unfilled tonnage Dec. 31 was 4,44.1 339. against 4.308.584 on Nov. 30; 4 677 B°s O'*. 31. 5 035 -*6O Sept. 30, 1923 and 6.745.702 Dec. 31. 1922. Raw Sugar Market By United Financial I NE WYORK an. 10.—Raw sugar market opened higher. January. 4.70 c bid; March. 4.01 @4 63c; Tday. [email protected]' July, 4.77 @4.78. Dressed Beef Prices Wholesale se”ing prices on dressed beef. Swift A Cos.: Ribs—No. 2,30 c: No 1 170 Loins—No. 2. 25c; No. 3. 180. No. 2. 20c; No 3.15 e. Chucks—No. 2 18c; No. 2. 10a Plain—No. 2,8 c: No. 3.7 c. Cloverseed Market Local dea’ers are paying $lO 4412 a bushel for doverseed. Pat O’Malley In New Role Though his two little daughters are thoroughly familiar with make-up, through many appearances on the screen, Pat O’Malley slipped one over on them Christmas morning. He left the house, ostensibly to go to work at the Metro studio, where he Is playing opposite Laurette Taylor in ’“Happiness.” And neither “Little Lady Eileen” nor Sheila, aged 8 and 3 respectively, recognized the whitebearded and red-coated old gentleman who dumped a bag of toys under the Christmas tree aad disappeared through the “window.

12:45 Pre High. Low. and m close Willys-O’land. 10% 10 10% 10% OilsCalif Petrol.. 25% 24% 25% 25 Cosden 35% 35 35% 35% Houston Oil.. 69% ... 69% 69% Mar.arid Oil. . 37% 36% 36% 36% Pan-Am Pete. 55% 64% 54% 64% Pan-A Pete B 53% 62% 53 62% Pro and Ref 37% 35 36% 35% Pure Oil 24 ... 23 % 24 Std Oil of Cal 63 % ... 62 % 62 % Std Oil of NJ4O % ... 39 % 40 Sinclair 25 % ... 26 % 25 % Texas Cos 43% 43% 43% 43% Industrials— Allied Chem.. 73% 72% 73 Amer Can ..108% 107% 108% 108% Amer Wool. 77% 76% 77% 76% Cent Leather 15% ... 15% 16% Com and Tab 98 ... 98 98 Cont Can . . 58 % 57 % 58 % 58 % Davison Chm 00% 04% 60% 05 Fam Players. 70% ... 70 69% Gen Asphalt. 43 42% 42% 43 lnt Paper .. 39 ... 39 38 % Mont Yard. . 25% ... 25% 25% Owen Bottle 47 ... 40% 42% Sears-Roebk. 88% ... 88% 88% U S C 1 Pipe 82% 77 77% 83 rtillties— Am T and T.l2B** 128 128% 127% Con Gas 63% 63% 63% 03% Shipping— Am lnt Corp 24 % ... 24 24 % lnt M M pfd 32% ... 32% 33 Foods— Amer Sugar. 57 ... 57 57 Am Bt Sug. .42% .. . 42 % 42% Corn Prod ..100% 158% 160% 158% Cu Cn Su pfd 02 % ... 62 % 62 % Cu-Am Sug. 33% 33% 33% 33% Punta Alegre 57% 57 V* 67% 67 Tobaccos— Am-9umatra. 28% 27 27 % 27% Gen Cigar . . 97 90 97 95 % USB Strs B 67% 60% 66% 67%

CHICAGO GRAIN OPENING STRONG All Grades Participate in Initial Upturn; Corn Leads, By l'nited Financial CHICAGO, Jan. 10.—The opening on the Chicago Board of Trade was strong with all grades showing fractional gains. Stronger cables and intimations of a larger export business than officially reported and light receipts were the particular features in the early upturn in wheat. Liverpool showed a slightly higher opening and at 2 o’clock gained a point on good milling demand and scarcity of stocks. Corn showed most strength in the opening up turn. General buying by local traders and evidence of increase activ.ty on the part of outsiders, together with unfavorable weather over Central States increased feeding demand, lighter movement and country offers brought buyers into the market at higher prices. Traders showed more interest In oats and with farm consumption rapidly depleting stocks In country elevators, longs bought heavily. Lard was the only commodity sold in the prr,visions market, this at Wednesday's close, due to easier hog prices and Irregular cables. Chicago Grain Table (By Thomson A M.tKlnnon) At li 45—Jan. 10. , WHEAT — ITpt. Open. High. Low. Close. close. May.. 1.09 1.09% 109 1.09% 108%" 1 08 % July.. 107% 1.07% 1.07% 1.07% 1.00% 1.07% Sept . 1 00 % IOH % 1.06 % 1.06 % 1 05 % CORN— May . .77% .77% .77% .77% .77 .77 % .70 % July.. .78% .78% 78% .78% .78% .78% .78 Sept.. .79% .79% .79% .79% .79% 79% OATS— May.. .46 .46% .40 -40% .46 .41% 'uly.. 44% .44% .44% 44% 44 Sept.. 43 ,43% 43 43% .42% CHICAGO. Jan 10.—! Timary roy-lpto: Wheat 428.000 against 1.424,000: <®m. 1,034 dOO mrainut 1.208.000; oats. 374 000 ty inst 804.000 Shipments—Wheat. 400,000 aralnat 855.000: com, 682.000 aralnet 804.000; oats 601,000 .wainat 861,000. t CHICAGO, Jan. 10.—Car lot receipt*: Wheat. 11; com. 19.1. oat*. 72; rye, 9,

Grain Briefs

CHICAGO Jan. JO. —Trade conditions are improving rapidly, but speculators are not going to ho and on and buy more futures if legislation is permitted to interfere with j functioning of tiu exchange, was the gen- | cral belief at the pit. A big part of the pressure on the local | market is believed to lie the selling end of spreading operations, the buying being done n Winnipeg. Much wheat remains on farms, but persistent rumors of a scarcity before another crop continued to arrive. If a short ge comes to light, it will be east of the Rookies. Price Current said. All lowa corn going to feeders brings a ] price of from 3 to 6 cents above the , terminal market basis. Terminal elevator men in Chicago predict an increased corn movement, although reports from Illinois and other •central States declare farmers are inclined to hold on. awaiting higher prices. Minneapolis wheat stocks decreased 250.000 in the first four days of this week. OILS AND INDUSTRIALS JOIN IN CURB ADVANCE Forenoon Revision Gives Better Account of Itself. By United Financial NEW YORK, Jan. 10.—The curb market In the forenoon session gave a much better account of itself than witnessed In any session for the past few days. Both industrials and oils were on the upswing, the latter helped by additional advances in the price of crude oil and a further reduction in crude oil production. South Penn Oil again gained from the boost in Pennsylvania crude and at 169 was up 8 full points. Prairie Oil and Gas, after being weaker, tpurted to 279%, up 2%, only to react to the previous close. Vacuum gained 1% and Imperial at one time was up 1. There was some backing and filling, but prices toward noon were upward. United Bakeries at the opening price 62 was up 4%. Acme Coal gained 1% to 3 in a few minutes. Dun-: hill was up over one while Kresge j Stores was down over 1. The motors were better and Dubller Radio gained %. There was strength in the new issues of the United Gas and Electric, the preferred gaining 5 points. Page Methuselah! JLLIEZ, Switzerland, Jan. 10. —This little Swiss village probably holds the worlds record for oldest irhabitants in proportion to population. Ages of twelve citizens—eight men and four women—total 1,127 years. The oldest is 92, the youngest 80.

THE INDIANAPOLIS TIMES

I HOGS GENERALLY ! 5 CENTER LOWER! Wednesday’s Closing Level Maintained; 12,000 on Sale, nog Price* Day by Day Jan. 250-300 lbs 200-225 lbs. 150-180 lbs. 4. 7.50<5l 7.55 7.35® 7.45 7.30® 7.35 5. 7.60® 7.65 7.55® 7.60 7.50® 7.55 7. 7 80® 7.85 7.75® 7.80 7.75® 7.80 ' 8. 7.55® 7.05 7.50® 7.55 7.50 9. 7.45® 7.50 7.40® 7.45 7.35® 7.40! | 10. 7.40® 7.45 7.35® 7.40 7.35 Hogs sold at Wednesday’s level or about a nickel lower than i Wednesday’s opening in trading at the local livestock market today. Early ! estimates of receipts placed the num- j bor at 15,000, but a late count showed that no more than 12,000 were actually on sale, including Wednesday's carryover of 912. The demand for porkers was broad but not sufficiently urgent to create competition among buyers, the principal steadying influence having been found In general expectation of lighter receipts for the remainder of the week. The top for | heavies was established at $7.45, but | most weighty bogs sold at $7.40, while lights, light mixed and mediums sold ! generally* at $7.35, at which figure the

bulk of sales was made. The rough and pig markets were unchanged, with pigs at $7 down and sows at $6.25 down. Trading was lively in the first hour, in which practically all the early hogs had been sold. Traders Ignored word of a considerably lower market In Chicago, maintaining that prices would advance In week-end trading if present weather conditions obtain. Trading In the cattle department was regarded as generally steady with Wednesday’s closing levels which represented a loss of generally a quarter on most grades of stock. About 1,000 head were in the yards, Inclusive of Wednesday’s carryover which consisted largely of common stock. Prices in the calf, division were re garden ns generally steady, some traders maintaining that the market was a shade weaker while still others declared it stronger In spots. The top remained unchanged at sls while the bulk sold from sl4 to $14.50. Receipts 800. A drop of 50 cents in native lamb prices featured that market Western fed lambs also were lower at $13.50 down while natives sold at sl3 down. Sheep were steady at $7 down. Receipts 400. —lluf Choice lißht* $ 7 35 Light mix'd 7.35® 7 40 Medium mixed ............. 7.35® 740 Heavyweights 7 40® 7 45 Top 7 45 Bulk of tales 7.35 Pigs 0 50® 700 Packing bows 5.75® 0.25 —Cattle— Few choice etoers $10.00*311.00 -Prime corn-fed sterrs 1.000 to 1 800 lbs 9 00® 9.50 Good to choice steers. 1.000 to 1 100 lbs 8 50® 9.00 Good to choice steers. 1,000 to 1 200 lbs .7.50® 800 Good to choice steer*. 1.000 to 1,700 lbs 0 50® 7.60 Common to medtum steers 800 to 1.000 lbs 5.00® 7.00 —Tows and Heifers— Good to light heifers $ 9 00® 10 00 Good heavyweights 7.25® POO Medina) heifers 0 00® 7.2., Common eow 3 00® 6 .in Fair ix>ws B.Bo® 7.60 C: lt-rs 2 75® 3. : Canneis 2 25® 3.70 —Bulls—- ! Fancv butcher bulls 5 5 00® 0 00 | Good to choice Butcher bulls. 5 00® 6.50 I Bologna bulls 4 25® 475 —Calves—Choice veals , ?14 00 ®l*> 0° Good veals ’• 12 004114 00 Lightweight veals 10 00®12 00 Common veals 8 00® 10 On i Common heatlcs 6 no® 7.00 * Top 15 00 —Sheep and Ib*— I Extra choice lambs $lO 00® 13 09 | Heavy lambs 8 00® 10 (10 Cull lam its 5.00® 700 I Good to choice ewes 7.00 Cu" iTOO® 3.00

Other Livestock (TMif'A O. Jiin. 10 —4.sltlft---Ri‘ , ’i , ipUi, 12 000: market, beef steer* active strong. 2.V up; liberal share run not yet ripened, shippers active; killing quality plain; bulk beef steers early, sß.2;>'<(, 10; long yearling* upward to sl2. light veaier* 26@50c off: others steady to weak; utockcr* and feeders active. Sheep—Receipt* 15.000 market, *!ow; few early gale* (at lamb* steady to strong; sheep weak 25c off; feeding lambs steady; most fat wooled iamb*, early $l3O | 13.50: some held higher: one double, good I handy weight ewe*. $7 75: nine double choice 1 feeding lamb* sl2 75 Hog#—Receipt*. 70,000: market, active to 10c off; top. $7 15 bulk of tale* $.9044 7 10: heavyweight. s7io7 15; medium-weight $6,950 710 lightweight $0,754*7.05; light light, $6 404*0 85: packing hog*, smooth. $0 60 (0.75; packing hogs, rough, $6.40426.00; slaughter pigs. ss.sofit 0.50. CINCINNATI. Jan 10.—Cattle—Receipt*, 1.200: market weak: shipper*. $7,504*9 50. Calves—Market steady: extra*. $13.60® 15. Hogs—Receipts, 6,200: market 15c to 200 lower: good to choice packers. $7.50. Sheep Ri.clpts, 1,200; market steady; extra*. $4,504*6. Lanil*—Market steady; fair to good, 513((*13.60. CLEVELAND, Jan. 10.—Hogs—Receipts. 6.000; market 15c lower; yorkers, $7.60: j mixed. $7.60: medium, $7.00; pigs, $7; J roughs, $6; stags, $4.50. Cattle—Receipts, ! 600; market 15c to 25c lower; good to : ohoieo bulls, $6 4*7; good to choice steers, $104*11; good to choice heifers. s74*B: good to choice cow*. $4,50 4*6; fair to good cows, $2 4*3: milkers, $30070. Sheep and lambs—-Receipts, 2,000; market 25c lower; top, $13.75. Calves—Receipts, 400; market 50c to $1 lower; top, sls. PITTSBURGH. Jan. 10.—Cattle—Receipt* light, market steady; choice. $9.75® 10.50; good. $8,75 4*o 50; fair. $6.5007.75; veal calves. $15.60 @lO. Sheep and lambs—Receipts light, market steady: prime wethers. [email protected]: good. [email protected]: fair mixed. $8 @7: lambs. $10013.90. Hogs—Receipts. 40 double decks; rrtarket lower: prime heavy, [email protected]; mediums, $7.75 @7.85: heavy yorkers. $7.75 @7.85: light yorkers. $7,25 4* 7 50; pigs, $7; roughs. $6,75 4*6.50 stags, $3.50 @4.* HAST BUFFALO, Jan. 10.—Cattle—Receipts. 250; market, dull, steady; shipping steer*. $0.50@11; butcher grades. $7.75 4* 9; cows, $1.75 @0.75. Calves —Receipts. 350; market, slow to 25c lower culls to choice. $3,504*10.60. Sheep and lambs— Receipts, 1.600; market, lambs slow, sheep active: choice jambs. $144*14.50: culls to choice, $8,504*13.50: yearlings. $94*13; sheep. [email protected]. Hog*—Receipts. 4.800; market. 20@50c lower: yorkers. [email protected]; pigs, $6.75 @7.25 mixed. $7.75® 7.90; heavies. $7.75 @7.90; roughs. $6.25 @6.50. stags, [email protected]. EAST 9T. LOUIS, Jan. 10.—Cattle—Receipts, 2,000; market lor beef steers nominal, native beef steers, $9.75 up; yearlings and heifers, $9.50 up; cows. [email protected]: cantier* and cutters. [email protected]: calves, $4.50 @5.50. Hogs—Receipts. 13.000: market 6 4*loc higher; heavy, $7,304*7.45; medium. $7.15 @7.45; lights. $6,854*7.40: light lights. 654*7 30: packing sows, [email protected]; pigs, 564*6.85; bulk. $7,104*7.35. Sheep —Receipts, 500; ewes. $5 @7.75; canners and cutters, $1.50@5; wool lambs. $11.50 @13.25. KANSAS CITY, Jan. 10.—Cattle—Receipts, 3.000: calves, 800; fairly active all [ class beef steers, 104* 15c higher; best matured steers, $9.05 bulk early sales, $7.85 | @9.50; she-stock steady to strong: beef 1 cows. $44*5.50: bulls and calve* steady.] Hogs—Receipts. 11.000: market, s@loe lower: butchers showing most decline; 130 j to 150-pound averages. $0.1016)6 35; 180 to 250-pound averages. $6.75 06.90; some weighty butchers held higher; packers bid around 15c lower packing sows mostly $6.50. Sheep—Receipts. 5.000: lambs generally steady to strong; 81-pound Colorado ! and other fed lots $12,804*13: sheep strong, and 25c higher: small bunch fat ewes up to $8.26. In the Cotton Market By United Financial NEW YORK Jan. 10.—The cotton market opened steady: January. 34.45 c, ofl 3 Solnts: March. 34.72a off 3 points; May. 4.90a up 7 points.

FIRE PREVENTION ACTIVITIES MANY 62,690 Inspections in 1923 —| 4,346 Shingle Roofs Go. The Indianapolis fire prevention de- j partment made 62,690 inspections in | 1923, eliminated 4,346 shingle roofs, j and supervised lectures and motion j pictures attended by audiences totaling 33,985, the annual report of Chief Jacob Riedel showed today. The department found 16,904 defects in Inspections, of which 16,519 were; corrected. Rubbish and paper were j the most common fire hazards found, j Lectures were given and pictures, shown at seventy-two places during the year, the most important work being done in city public schools, where children were taught how to avoid fire losses and prevent fires There was a total attendance of 15,838 school children. A total of 268 fire extinguishers was installed and 4,230 Hues were corrected Defective fire escapes corrected numbered 199. Produce Markets INDIANAPOLIS. .Tun. 10.—Frrh eggs, oss off, 80c; packing stock butter. 27c; -primes over 2 lbs., 20c; fowls, 4% lbs up. 22c; fowls, under 4 %lbs, 18c; Leghorn poultry 25 per cent discount; cooks, lie; stags, 14e; capons, 7 !ba. up, 26c; young tom turkeys. 12 lbs. up. 27c; young hen turkeys, 8 lbs. up, 27c; old tom turkeys. 20c: duck*. 4 lbs., 20c: geese, 10 lbs. up, 17e; squabs, 11 lb-, to tiie do*. 85.50: young guineas, 1% 'be. to the doz., $7: old guineas, doz., $5. Indianapolis creameries are paying 60c per lb. for butterfat. CHICAGO. Jan. 10.—Butter—Receipts. 8.253; creamery extra, 53%c; standards. 52c: firsts. 47 tit 49c: seconds, 44® 45c. Eggs —Receipts, 8,077: ordinary firsts. 32® 34c: firsts. 36 % ® .30 % o Chi ese—Twins. 21 %c; young Americans. 23c. Poultry—Receipts, 4 cars; fowls 10® 22c; ducks. 21c; geese. 15c: turkeys. 22c: roosters, 14c- Potatoes —Receipts. 9,34 cars. Quotations Wisconsin and Minnesota whites, 81 .35® 1.50; Idaho russets, $2.25; Montana russets, $1.75. CLEVELAND Jan 10.—Butter—Extra, in tub lots. 58®60c: extra firsts. 57® 59c: firsts, 56® 57c; parking stock, 27® 31c; standard. 56® 58c. prints lc extra. Eggs— Fresh gathered northern extras. 41e extra firsts, 39c; Ohio firsts, 37® 38c; western firsts. 36c. refrigerated firsts, 27c; extras, 29c. Poultry—Live fat fowls. 24® 26c: springers, 2t®250; Is'ghom*. 16® 17c; od roosters. 14® 13c: geese. 19® 20c; heavy white ducks, 25® 26c: light colored ducks. 20® 22c; medium fowls. 20® 22c: turkeys, 30c. Potatoes—Michigan round whites, 52 25® 2 35. Ohio $2.50® 2 00: Minnesota whites, branded. $1.35® 1.50; New York s2® 2.25. NEW YORK Jan 10 —F'our—Quiet and firmer. Pork—Quiet: nrv—s, $24,75 Lard —Steady: Mid West spot. $13.25{}13 35. Sugar—Raw steady 6 40c; retim'd easier. granulated, 8.25 69c. Coffee Rio spot. lOSc; Santos No. 4. 15® 10c. 3'al!ow—Strong; special to extra. 8% ®B% c. Hay—Firm; No. 1. $1 50® 1,55: No. .3, 51.25® 1 ..35. $1.15® i 20 Dressed poultry —Firm; turkeys. 24® 40c; chicken* 18® 45c; capons. 25®46e; fowls. 14® 38c; Jlucks, Long Island. 20® 30c Live poultry—Steady: geese 20®. 24c; duck*. 14® 34c; sow ls. 23ft 30c: turkeys 20®25e; roosters. 15'*: chickens. 24® 35- ; brokers. 35ft45c; capctis. 32ft37c Cheese—Firm; State whole milk, common to rpe-lal. 10® 20 %e iSlale skims, choice to special*. 15® 18%o; lower grades. 6® 14c Butter— Quiet: special market. 55% ®soc. State dairy tubs, 10®5t%0 Eggs—Dull and easier; receipts. 12.002: nearby whites, fancy, 50® 51c; nearby State white. 42® 51c; fresh firsts to extras. 39%®47c: 1 Hi - coast, 3.3'gMc: western whites. 42® 51 c; nearby brown* 4s® r.tic. Danish. 5?'.; 5.1 c: Argentina. 41® 48c; Canadian. 48® 52c. Marriage Licenses .L. R Flasket 21. Y M C. A.; Dorothy Teague, 18 2017 N New Jeno \ Charles Siebert. 21 2047 Northwestern. | Erdlue Bowell. 18, 1229 N State Osrar Hamilton. 22 1314 Alvurd: Berth* i Yocum. 19 2909 Columbia A. B Webb r 4-5. .3.21 Kenwood: Flor- ! cnee Johnson, 50, 1018 N. Jefferson. W. M Shearer. 67. Barton Hotel; Cora Davis. 312 Broadway Denny Chandler 30 701 N. East; Lucille Violet. 20, 1011 Bradbury

w Births Boys Henry and Clara Budens. 2148 Shelby F. F and Mary McDermott. 526 E l’ratt George and Rose Albert, 3740 E. TwentyEighth. Herbert and Alter Weiss. 342 Limestone, j Ralph and Rosa Plummer, 1718 Hem- : brands. James and Motile Shelton 809 Chase. Frank and Opal Ferguson, 024 Broadway, Alva and Pluma Pelium 1523 (Umber Alfred and Bertha Mitchell. 1202 Orange. Charles and Mary Boesche. 2315 Union Harry and Dorothy Bow*her Methodist Hospital. Coy and Virdell Hleks. 1437 8. Kapyes. Girts Ora and Dteia Ball. 1722 N. Alabama. George and Keith Van Duren, 3435 N Capitol. Rankin and Margaret Tomlinson. 1734 Lockwood. Richard and N’ezera Kababa. 2401 Wheeler Lester end Ruth Hall. Methodist Hospital Cecil and Mabel Jackson. 1218 Maderiu. Deaths John Green. 86, 2121 Central, artcrio j sclerosis. Charles Watson. 56 553 W. Twenty Sixth, chronic Interstitial nephritis. Georgia May Ricks 61. 910 N. Pem\*yl vama, gastro enteritis. George H. Everett. 4 month*. 1109 Knox, ; broncho pneumonia. Infant Christie, —, St. Vincent Hospital, premature birth. Francis B. Kagan. 57, 2926 Kenwood, acute dilatation of heart. Julia Maley. 70. 1242 Bridge, angina pectoris. Palma Burton. 61. Methodist Hospital chronic appendicitis. Christopher Katins. 62, 2527 Madison, acute cardiac dilatation, Frank Roland Demmerly, 40. 1337 Park, broncho pneumonia. John Vaughn. 54. 435 W. Sixteenth Place, gastro enteritis. Edward J. Decker, 4, city hospital, tuberculosis. Robert Smith. 47. 317 W. Eighth, cerebral hemiplegia. Edward A. Washington, 28. 824 Edgemont. lobar pneumonia. Venus Elaine Nicholson, 14 days, city hospital, meningitis Building Permits Leon Poyee, boiler. 3240 Fall Creek boulevard, $l,lOO. Roth Construction Company, building. 2262 S. Haiding. $3,500. Omer C. Hatfield, furnace, 2857 N. Sherman, $415. G. W. Cummins, repair*, 237 W. Thirteenth SOOO. G. W. Cummins, remodel. 223 W. Thirteenth. S3OO Clapp Bros., dwelling, 6044 E. Wahlngton, $2,200. John K. Jones, repairs, 8437 N. Capitol. $940. A. R Hillday, repairs. 502 W. Washington. SSOO V. V. Smith, double, 5170 Broadway, SIO,OOO. V. V. Smith, furnace, 5170 Broadway $425. R. B. Steele, repairs. 6785 College, SI,OOO Henry W. Hilton, repairs, 1317 Churchman, $344. “The White faster*’ Recommended When “The White Sister,” Lillian Gish’s screen triumph is released by Metro Pictures Corporation in Febru-! ary, a special booklet will be issued for the benefit of primary and high j school students ip which the many! beautiful Italian scenes of the pic- j ture will be described in detail. 1 Schools throughout the country are ] taking an interest in the educational value of “The White Sister” which, j because of its careful attention to the detail and spirit of Italian life, is recommended as being almost as good as a trip to Italy. Local Wagon JVheat Local mills and elevators are paying $1 for No. 2 red wheat.

Night Golf in Texas

HOLING OUT ON THE HOME GREEN

By NEA Service MINERAL WELLS, Texas, .Tan. 101.—Made possible by the invention of a luminous golf ball, the inventor being Dr. E. A. Davis of this city, night golf haß made its appearance in Texas. The luminous bails are visible in inky darkness. Indeed, the darker the night the brighter the bails

‘OFFICER’ GOOD RUNNER belf- Appointed Traffic Cop Finds Ihivcr Too Obliging A self-appointed traffic officer who was “demoted” by an obliging motorist was hunted by officially nprointed officers today. As G. L. Pugh, 607 N. Delaware St., deputy State fire marshal, approached his automobile, on the Circle, Wednes day night, the “officer" reprimanded him for riot having his tail-light burning. Pugh offered to drive to headquarters. The “officer,” when lust seen, was running. Bert Fowler, 37 N. Mount St., said

Do You Read Those Breezy, Laugh-Getting Columns in the Times Everyday? The Amusing Hr? Are a Daily Antics of Tag, Source of Freckles and Delight to , Their Friends Times Readers TOM DUFF AND HIS UNUSUAL FAMILY PROVIDE A REFRESHING COMEDY OF AMERICAN LIFE TODAY AND EVERY DAY IN THE TIMES. And in “OUR BOARDING HOUSE" Major Hoople The Lovable Old B rag gar and " The Boys and Their Y; T rouhlesome Ac - \ quaintances Never Fail to Provoke a I Laugh With Each |U jflff and Every Appear - Im I/M' “ The old Home Town ” Is /JrisifZin# With Droll Humor And to Close the Page, You f ll Bea Youngster Again With the Kids “Out Our Way” f The Indianapolis limes Telephone Main 3500 and The Times Family of Comedians Will Be Regular Visitors to Your Home.

shine. Consequently it is easy to follow the fight of the balls, and it is also easy to find them when they land in the rough. Aided by illuminated direction posts local players have been able to keep close to par In their nocturnal matches. Plans are now under way to hold a tournament to decide the champion night golfer of this district.

the same trick was tried on him. ■Police said the man had obtained money from several supposed offenders for “allowing” them to go without court notices. Fuel In Mid-Air PARIS, Jan. 10.—At Le Bourget flying ground an airplane was replenished with petrol in full flight at a li dght of 900 feet by another airplane. The second machine approached the first to within ninety feet. A flexible pipe was thrown out. and the end was caught by the passenger of the first machine. The wnole operation lasted five minutes.

REALTORS’ BOARD PRESIDENT NAMES 1924 COMMITTEES Committees for 1924 for the Indianapol.s Real Estate Board were announced today by John R. Welch, president. Comm.ttees: Arbitration, Harry Jl. Stackhouse, chairman; Harry Robbins, Or.n Jessup, Boyd Templeton. Glenn B. Ralston, J J. Schmidt and Lee Dove; social affairs, Forest M. Kniglit, chairman; Thomas E. Grinslado, Charles S. Maxwell, Clem A. Dahiman. Jack Morrison, Fay C. Cash and T. A. Flaherty. Membership: H. C Knight, chairman,' Forest B. Kellogg, Frank Vlehmann, William L. Bridges, H. C. Pakemeyer, Noble C. Hilgenberg, C. H. Clark, Harry Dillehay and Walter Evan3. Civic affairs: R. B. Wilson, chairman; Tom Dillon, B. M. Ralston, Charles Bailey. Fred Slllery, W. H. Cooper John M Cain, Edward J. Sexton, John G. McCullough, R. C. Scott, 1. G. Miller, R. H. Hartman, Robert M. Collier, Frank Clark and Fred Stone. Constitution and by-laws: Laurenca M. Peterson, chairman, F. G. Buskirk, W. T. McClure. S. H. Creighton, and Timothy P. Sexton; welfare: Frank L. Moore, chairman, C. C. Groves, Oscar R Muir. J. M. Brooks and George C. Harness. Multiple listing; Harry E. Mott, chairman: Joseph J. Argus, T. F. Carson. Lawrence Welch and J. W. Hurt; board home, Scott R. Brewer, chairman; William A. Brennan, Cornelius Holloway, James A. Cruse and Emerson Chaiile; fotms, Charles R. Yoke, chairman; E. M. Shofield. Alex Chambers, Whitney R. Spiegel and Ernest E. Woods. Legislative; W. H. Kinnear, chairman; Edson T. Wood. John A. Royse, John T. Barnett. Mark V. Rinehart, M. M. Miller and Peter F. Balz. Publicity: George T. Whelden. chairman: A1 Evans, H. C. Barringer. Donald Goss and Ernest F. Emmell. Budget: C. W. Henry, chairman; Dan La Gore. Charles R. Badger and Z B. Hunt; program, Paul McCord, chairman, Ford V. Woods and Bowman Elder; bureau of education; Frank E. Gates, chairman, H. G. Templeton, Fred Cline, John K. Burgess and I Watt Pugh.

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