Indianapolis Times, Volume 35, Number 224, Indianapolis, Marion County, 31 January 1924 — Page 11

THURSDAY, JAY. 31, 1924

MOTORS LEAD IN ' •FRESH RALLY OF GENERAL MARKET Excepting Davison Chemical, Ail Trace of Irregularity Wiped Out, The WALL STREET JOURNAL NEW YORK, Jan. 31.—Stocks were stimulated in the early dealings today by the proposal to Include in the tax reduction measure a provision for a cut of 25 per cent on all personal income taxes paid this year on 1923 income. Industrials were particularly favored. General Motors moved up fractionally to 1514. while Dupont spurted more than 2 points to anew 1924 high at 134%. Strength in these issues reflected the expectation of important developments at the General Motors meeting in February. First Hour Leaving Davison Chemical out of consideration, no trace of the irregularities prevailing in Wednesday's late dealings were in evidence through the first hour. Motors continued to lend the industrials under the stimulus of tttoe extraordinary strength in General Mrotors, which went to anew 1924 high at 15%, an appreciation of over $20,000,000 in market value over the previous session's low. Its extensive General Motors holdings caused Dupont to advance sharply. w r hile Studebaker also rallied sharply. Second Hour Trading was less active in the late morning, but the forward movement went ahead without interruption In various groups. Oils were especially strong, reflecting further price advances In Eastern crude. Associated Oil went Into new high ground for the year at 33% on Palm Beach buying based on the expectation of another upward revision in California crude. Pacific oil’s new 1924 high at 66% was the stock's response to the onticipation that the $2 dividend rate would be elevated to a $3 basis In June. Noon Hour American Ice and California Packing scored substantial gains In noon dealings, while strength of Studebaker lent color to reports that Insiders were Irritated over the persistent attempts to depress the stock and had determined to teach the shorts a lesson. Rails came Into Increasing prominence, activity at rising prices developing in the Eries, Southern Railway and St. Louis-Southwestern. Schulte came to life, spurting 2 points to 107, while Tobacco Products j jumped a ful! point to 68%. tat Fourth Hour ”ln view of the feeling generally prevailing in the speculative com-, munity that stocks had reached the! stage where sharp reactions might' be expected on profit-taking, the ac- i tion of the general list in the early afternoon was highly Impressive. PracReally no irregular tendencies were noticeable, the forward movement having the broadest and most orderly aspect of the recent sessions. The Philipp Morris arrangement with Stephens Bros, revived rumors of other combinations and the tobaccos developed renewed strength. Twenty active industrial stocks on Wednesday averaged 99.40, up .24 per cent. Twenty active rails averaged 81.81, off .12 per cent.

Local Bank Clearings Indianapolis bank clearings Thursday were $2,725,000: for the month. $93,878,000. Bank debits Thursday were 84.o32.00O; for the month. $165,325,000. New York Liberty Bonds bn > n’ted Financial NEW YORK. .a.,. 31.—Time money dull: rates 414 to 4*i per /-entt. depending on maturity. Commercial paper, prime names, 44 r>er cent; others, 5 p-r cent. Foreign Exchange By United Financial NEW YORK Jan 31.—Foreign exchange opened higher: Sterling, demand 54.27 ‘i : cfib'ea. 4.27 U French, demand 4 64c: cables. 4.64 He. Lire, demand. 4.34 c cables. 434 He. Belgian, demand, 411 He: cables. 4.12 c Marks 4 500 000.000.000 to the- dollar, Czecho demand. 2 87Hc: cables £ 88c. Swiss demand, 17.28 c: cables! 1.7.30 c. Guilders, demand. .37 31c: cable#. *7.34c. Pesetas, demand. 12.71 c: cables, 73c. Sweden, demand. 26 21c: cables. 25c. Norway demand 13.56 c cables. 60c. Denmark, demand. 16.21 c; cables, 16.25 c. ACTIVITY OF LIBERTIES FEATURE OF BOND TRADE Foreign Issues Also Deve'op Firm Tone—Utilities Dull By United Financial N'E WYORK. Jan. 31.—Activity in United States Government bonds was the outstanding feature during the airly bond market today. Treasury’ 4148 repeated the record high of 100.10 made Wednesday. All liberties were In good demand around the previous closing prices. The foreign government list developed a firm tone and many Issues showed fractional gains. Serbian 8s continued strong on top of a 2-point rise Wednesday, advancing to 73, up three. Prague 745. 834. up 4. Industrials were active and steady. Sinclair Pipe Line ss. 82, up %. Chile Copper Consolidated 69, up 4 at 100. Public utilities were dull. Brooklyn Union Gus 7s, 29. 117**, off 543,000.000 TONS MINED Bituminous Coal Production Increases During 1923. By United Financial CHICAGO, Jan. 31.—Bituminous coal" production In the United States last year totaled 543,300,000 tons, cornered with 422,268,000 tons in 1922, seventh Federal Reserve District Bank here reported today. Sagging markets contributed to ncreased idleness in Illinois and Indiana mines during December, the report stated. While the Illinois output for December was 17.5 per cent less than the preceding December, the annual production showed an Increase of 42.7 per cent over 1922. Local Wagon Wheat indi r.aaoolis mills and elevators are paytog $1.05 a bushel for No. 2 red wheat.

New York Stocks (By Thomson A McKinnon) —Jan, 31—

Railroads— Prev. High. Low. IS :45. close. Atchison ...101% ... 100% 101% B & O 58 ... 68 68% C & O 74 ... 74 74 C R I & P . 26 ... 24% 24% Erie 26% 26% 26% 26% Gt North Did 68 67% 68 68*4 Lehigh Val. . 70 % ... 00 % 60 % N Y Centra!. 104% 104% 104 Vi 104 NY SH & H. 18% ... 18% 18% North Pac... 54% . . 63% 53% Peuusy 45 % ... 45 % 45 % Reading .... 56 % ... 66 % 66 % South By 44% 44 44% 44% South Pao... 88% 88% 89% 88% St Paul pld. 26 25% 26 25% Union Pac . .130% ... 130% 120% Wabash pld. 38% 37% S8 87% Rubbers— Kelly-Springfl 29% 28% 20% 29 U S Rubber. 39 37% 39 38% Equipment*— Amer Loco.. 74 73% 74 73% Baldw Loco .124% 122% 124 122% Gen Elec.. .212 ... 211 211 Lima Loco. . 67 66% 66% . 66% Pullman ...124 123% 124 *125% Westh Airbk. 93 ... 03 02 Westh Elec. . 63% ... 63% 63% Steel*— Bethlehem... 59 68 % 68 % 68 % Crucible 67% 67 67 07% R. Iron A S. 57% 56% 67 67% U. S. Steel.. 106 105% 105% 105% Vanadium. . . 30% 30% 30% 80% Minings— Int. Nickel... 14% .... 14% 14% Coppers— Am Smelting' 59 % .... 69 % 69 % Anaconda ... 88% .... 88% 38% Kennecott . . 36 % 86 % 88 % 30 % Motors—* Chandler M . 83 01 % 62 % 61 Gen. Motors.. 13% 15 15% 15 Mar. M. (A) 54 ... 63 % 52% Max, M (B) 15 14% 15 14% Studebaker ..104 102% 103% 102 Stewart-W.. .. £4% 92% 84% 95%

WHEAT LEADS IN GRAIN STRENGTH Good Local Support Is Accorded Market at Opening, Bu United Financial CHICAGO, Jan. 31.— Opening on the Board of Trade today was higher with wheat leading in the strength. Local tendered good support to the wheat market. Strengthening influences were higher European markets and Northwestern millers’ state ment that milling operations during the past week showed marked Increase. Better demand for flour exists with users forced to draw on their reserves. Com opened strong and after a slight dip firmed up again with good local buying Induced by strength in wheat, continued mild damp weather, considered unfavorable for conditioning and movement. Country offerings were somewhat slower. .. Oats started unchanged Trading was light and featureless. Provisions were irregular. Some commodities responded to lower cables while strength In hog* reflected in others. Chicago Grain Table (By Thomson A McKinnon) At 11:45— Jan. 31. WHEAT— Prer. Open. High. Low. Close. close. May.. 110% 1.11% 1.10% 1.1 t% 1.10% 1.10% 1.10% July.. 1.09% 109% 108% 1.09% 1.09 1.09 1.08% Sept.. 1.08% 1.09% 1.08 1.09% 1.08% 1.08% CORN— May.. .79% .80 .79% .79% .79% .79 % .79 % July.. ,79% .80% .79% .80 .80 .79% .70% Sept. .80% .81 .80% .80% .80% .80% OATS— May . .49 .49% .48% .49% .48% 48% July.. .46% .40% 46% .46% .40% .40% Sept.. .43% 43% .43% .43% .43% CHICAGO. Jan. 31.—Car lot receipt*: Wheat. 17; corn, 818; oats. 03; rye, 8. Grain Briefs CHICAGO. Jan. 31.—FJour trade con tinue* dull. Sale* the past week averaged only 33 per cent of the rail! capacity in hard winter wheat areas, the Government report declared. Owing to limited receipts at terminals, mills are drawing on stocks for supplies. In the last few weeks the total has been cut over 5.000,000 bushels, Price Current said. Numerous protest* have been received from outside grain dealers on proposed change in trading hours on the Chicago board of Trade being voted on The proposal extends the close from 1:15 p m. to 2 p m Defeat of the measure U freely predicted. Canada Australia and Argentine have large amounts of cash wheat to sell abroad This, coupled with the fart that American prices are around 10c above a world's parity, effectively puts a stop to any export business of conseauence. Further legislation will add to the farmer woes. Joseph Griffin, former president of the Board of Trade, declared ir an address. "The grain futures act has driving from the market a class of traders who would normally carry the surplus, while the tax on grain trades works a hardship on the farmer aa well as the grain exchanges." MAIL CLERKS NEED AID Newspaper Rule to Result in Addition of Extra Coached. O. K. Karns, chief clerk of the f'th division Railway Mail Service, today announced that new postal regulations regarding newspapers will necessitate the addition of more mail coaches and clerks. According to an order of Postmaster Genera! Harry S. New, newspapers will be handled and distributed the same as first class mail. Under the old regulation pub lications were known to be delayed from one to four days because they were sent to terminal stations to be sorted. The new plan provides that newspapers be sorted on the trains.

Tank Wagon Prices iGviolln prl.-ea quoted do not include State tax of 2c a xailon ) GASOLINE—EII (Tree. 30c a ration: I Purol, 16.2 c: Bed Crown. 10.2 c: Target j 16.2 c: Silver‘Flash, 20c; Standulind avla- ; tion, 19.08 c . KEROSENE-—Crystaline, 11.7 c: Moore j Llpht. 14.65 c: Perfection. 10.7 c. NAPTHA —Loin Power cleaner*, 25.01 c: : 7. M. & P., 20.1 o; Stxndolind cleaner*. 80.01 c. Raw Sugar Market Bu United Financial NEW YORK. jau. 21.—Raw susrar market opened steady: March. 5.09 c: May, 5.18(35.19c: July. 5.2.3®5.24c. American Sugar bought 15,000 bag* of Porto Rico* at 8.91 c e. 1. f. equal to about 5%c c. and f. for Cuba*. Dressed Beef Prices Wholesale eellinr price* on drc**ed beef. Swift & Cos.: Rib*—No. 2. 30c: No. 1. I7c. Loin*—No. 2,25 c: No. 3. ISc. Round*No. 2,20 c; No. 3.15 c. Chuck*—No. 2, 18c: No. 3,10 c. Plate*—No. 8,8 c; No. 3. 70. Cloverseed Market Local dPAlert ar twin* $lO @l3 a burial far cloTOroeed.

12.15 Frtv. High. Low. p. m. clows. Timken 39 % .... 8J) % 39 % WiilyOver... 13% 12% 13 12% Oil*— Cal. Petrol.. £B% 28 28% 28 Cosdcn 37% 37% 37% 87% Houston .... 72% 71% 72% 72 % Marian it Oil. 89% .... 39% 89% P-Am Peis.. 60% 49 60 % 49 P-A P (B).. 48% 47% 48% 47% Pacific Oil.. 56% 55% 60 63% Pro A Ref.. 40 89% 89% 40 Pure Oil ... 24 % .... 24 % 24 % S. Oil of Cal. 07 V* 69% 00 % 6? % S. Oil of N. J. 41 % 41 41 % 41 % Sinclair ... 23% 23% 23 4k 20% Texas C 0.... 45 % 44 % 45 % 45 % Idustrlal* — Allied Chem. 70 09% 70 American C. .118% 110% 117% 119 Am Woolen.. 71% 69% 70% 70 Comp A Tab. 90% ... 90% S!O% Cent. Can.... 50 % 66 50 % 66 Davison Chem 53 60% 62% 52% Fun Players. 64% 63% 64% 63 Gen. Asphalt. 42% 41% 48% 43 Mont Ward... 20% ... SO £0 Nat’l Lead. . .148% 145 147% 148 Srari-R'buok. 90% 95% 95% 94% use Iron P 70 69% 70 70 U S Ind Aleo 32 SO% 61% 81% Utilities— Am T ami T. 128% ... 128% 128% Coasoli Gas.. 65 04 % 66 04 % Shipping— Am Int Corn 24% 23% 24% 23% Int M M phi. 83 % 31 % 33 % 31 % Foodt-5 Am Sugar.,. . 50 ... 66 55% Am B Sugar. 42% ... 42% 42% Com Prod. . .182% 182% 182% 152% C C Sug pfd 07% 07% 67 % 07% Cub Am Sugar 30% 30 30% 36 Punta Alegre. 01% 60% 61% 60% Tobaccos— Am-9umatra. . 21% 81% 21% 22% Tob Prod B. . 63 ... 07% 67%

HEAVINESS FEATURES EARLY CURB TRADING Both Oils and Industrials I/>wr—Durant Gains Two Points. Bu United Financial NEW YORK. Jan. 31.—Reactionary tendencies produced a heavy tone In the curb market during the forenoon trading today. Oils and industrials j were down and strong spot* -were | scarce. | The higher priced Standards suffered the worst under profit-taking. Buckeye went as low a* 71. off 5, to recover 75. Eureka lost 2%, Indiana Pipe Line 2 and South Penn. Line 2%. Prairie Oi! and Gas gained 1%. Swan & Finch dropped 2% and Standard of. Kansas %. Independents wore down fractionally. Continental Oil and Mutual were still around their merger ratio of four to one and steady. Durant was a feature of the motors, scoring nearly 2 points of gain. National Dairy Products was up 1. Liggett (I Myers Tobacco lost 5% points on news that additional stock will be offered. The Lehigh Valley Coal Issues were off about % of a point each. Produce Markets INDIANAPOLIS. Jan 31.—Fresh egg*. !o* off. 43c: packing stork butter 27c springs, ever 2 lb*.. 20c: fowl*. 4% lbs. up. 22c; 4 .1* under 4% lb* 19c Leghorn poultry X per cent discount; cocks, 12c; stags 15. v capons, 7 lb. up. 26c: young tom turkeys 12 lbs. up. 27c: young hen turkeys, 8 V ut>, 270 old tom turkeys, 20c; duck* *V't 21c; geese 10 lbs. up, 15c: squabs, II ’bs. to the do*.. $5.50: old guinea* do* . Indianapolis iveamerle* i are paying 50c per lb tor butter fat. CHICAGO. Jan. 31—Butter—Receipt*. 8 314; creamery extra 50c: standards. nOc; firsts 48(3 48 %c; seconds 40<3 47c Eggs : —RecelP.*. 3.791: ordinary tirs.s ,12: firsts. 35c. Cheese—Twins. 2.3 %e: young Americas. 24 % (if 25c. Poultry—Fowls, 17 U22c: ducks. 24c; geese. 17c: turkeys. 20c: springs. 2tc; roosters 15c Potatoes—Receipts. 158 cars Wisconsin round whites, sl.2o*£ 1.50; Minnesota round whiles. $l2O 61.30. CLEVELAND. Jan. 31 —Butter—Extra In tubs 52%f1:54%c; extra firsts 51 % i 53%c: firsts 49% 6 ->i %••; packing slock. ; 27®29c: standard. oO % f, t. 52 He prints, lc extra. Eggs—Fresh gathered northern extras, 48c; extra firsts 46c: Ohio firsts. 43c western firsts, 42c: refrigerated extra. 29c; firsts, 27c. Poulty—Live fat fowls. 20 % l 27c: sptngers. 24c; Leghorns. 10f(tl7o; heavy white ducks 25<?i27c: light colored j ducks. 22623 c; medium fowls 21<%2-3c ; old roosters 14615 c: geese, 10'i{19c: turkeys. 28c Potatoes—Michigan round white*. $2.232.40: Ohio. $2.506 2.00: Minnesota white, branded. $1.35 61.60 per , 150-pound bags. , j NEW YORK. Jan. 31—Flour—Quiet arid ■ firm Pork—Steady: rai-iw. $24.25 6 24.75. Lard—Easier: mid-west spot. $11.90012. j Sugar—Raw . quiet. 0 Die: • j „ranu'ateri, [email protected]. Coffee—Rio spot. 11%<3i1%c; Santos No 4, 15%6i1b%0. Tallow—Dull; special to extra. 7 %@B%o. Hay—Quiet: No 1. $1 46 @1.50: No. 3. $1.20® 1.30 Dressed poultry—Steady: turkeys. 18@38c: chickens, 18@48e: capons, 26@45c; fowls, 10®32c; ducks, 20(®30c; Long Island. 27 %® 29c. Live poultry— Quiet; geo<e, 22 625 c: ducks. 15 <@ 34c; fowls, 206 28o; turkeys, SO® 32c: roosters, 10c: chickens, 23632 c; capons. £3®32c: broilers. 35® 49c. Cheese—Quiet; State whole milk, common to special, 166 27c; State skims, choice to specials. 16619 c; ’ower grades, 5614 c. Butter —Easier; receipts. 7,535: creamery extra, 51c: special market. 61% 6 52c; State dairy, tubs. 106 50 Ho; Danish. 51c; Argentine, 43® 48c; Canadian, 4U<i(,4Pc. EggH—Firm: receipts, 8,069; nearby whites, fancy, 51 M 52e: nearby State white, 44® 52c; fresh ftjrgts to extras, 4(1 % 6 49% c; Pacific ooa.st. .366 5! %<•; western white*. 44 6 52c; nearby browns, 51 g 52a.

Marriage Licenses James Pratt. 36. 902 N. Pennsylvania; Hazel Miller. 33. 412 E. Michigan. L. A. Bweet, 68. Elizabethtown. Ind.; Alice Noe. 65. 1220 Holliday. A. A. Hod■-frard. 31, nil) Lincoln; Harley Sorensen. 19. 4508 Winthrop. Howard Churchman. 48. no tel Lincoln: Ida Dixon. 34. 3360 Gut ford. M. G. Murray. 39, Lafayette. Ind.; Mary Hamilton. 19, 172/ N. Alabama. Bell Charleston. 31, 1138 Oregon: Daisy Rntchic, 19, 403 Hanson. Deaths William Thomas Donahue 48. 3761 Boulevard PI., sarcoma. Elizabeth Farley, 68, 1003 Churchman, diabetes mellltus Marjory Ptez. 8 days. St. Vincent Hospi- ' Rottney Stull. 48. 419 N. Bosart. uremia. William Henry White. 73. 3813 Washington Blvd., carcinoma. Louis G, Deschler. 59. Bt. Vincent Hospital. cerebral hemorrhage. Risse Ward. 26, Shelby Street Round House, second degree burns, accidental. Newton S. Boggs, 77. oily hospital, broncho puaiunonia. Births Girls Virgil and Helen MeDowel, 1130 N. Rural. Harry and Mary Cross. Clark Blakeslee Hospital. Frank and Helen Lyons. 2716 B. Michigan. Fred and Una Dobbs, 3510 E. TwentySecond. Earl and Loraino Smith. 1109 N. Tremont. Morgan and Helen B'erroe, 2924 E. Michigan. Orvtl and Ethel Thatcher, 1441 W. Twen-ty-Fifth. Ralph and Cleo Adair. 2001 Dexter. James and Amanda Kelly. 030 N. Sheffield. Arthur and Lulu Edley. 422 Blake. Ernest and Lois Hockche-. Methodist Hospital. Claude and Muyme Wi.aon. Methodist Hospital. Albert and Laurina Lamb, St. Vincent Hospital. Bert and Crystal Greenwood. 806 Living •too. Boyi Aflolf and Henrietta Schweinsberger, Clark Blmiesleo Hospital. Glen and Catherine Short, 714 E. Walnut. Frank and Helen Troutman, 623 N. Delaware. Arthur and Helen Humphrey. Bt. Vincent Hospital. - Frank and Genevieve Bennett. 1336 N. Illinois Max and Esther Arnold. 1317 Comer. Harry and Dora Vance. 927 Highland.

THE INDIANAPOLIS TIMES

PRICES FOR NOGS UNEVENITf STEADY Sales Range Downward From Opening Price of $7,35, Hog Price* Day by Day Jan, 260-300 lbs. 200-225 tb. 120-180 lbs. 25. 7.40 7.40 7.40 20. 760 6 765 7.00 7.60 26. 7.45 7 45 7.46 29. 7.35® 7.40 735 7.85 80. 7.35® 7.40 7.36 7.306 7.35 81. 735 7 3o@ 7.35 7.26-a 7.80 Prices* for hogs ruled unevenly steady in trading at the local livestock market today, with the price trend tending downward flrom the opening which was fully steady with Wednesday’s early prices. Opening sal?s at ?7.36 were unchanged from previous opening quotations, whila later sales of ali weights and classes at $7.30 oompurod with Wednesday'* mid-forenoon market. However, the number, comparatively, to sell below $7.36, was small. The bulk of sales, was made at $7.35. Shippers were active in the early market, due to an advance in Chicago, but local killers declined to enter the market except at concessionary prices, and no up bidding of prices resulted. Receipts of 9,000 or more hogs, including Wednesday's unsold numbering 1,250, were not large, though sufficient to meet the demand. Sows and pig* were unchanged, sows at $8.25 down and pigs at $6.75. Receipts in the truck department were again light, indicating no material improvement in the condition of highways, A loss of a quarter on all grade* of cattle, canners and cutters excepted, was registered In that division, due. buyers said, to a general depression in the dressed beef trade, which for the past week or so had shown signs of improvement. One trader had eleven loads of good steers, but prices for these were even lower. Receipts. 1,200. Continued slackening of the East ern demand forced veal prices generally a half dollar lower to a top of sls for the choice variety, while the bulk soid between |l4 and $14.50. Receints, 600. Only 190 head of sheep arrived for market, but trading in lambs was at steady so strong prices, native-fed selling down from sl3 50, while sheop were unchanged at $7 down. —Hog*— fhnloe light* $ 79 A® 7.30 Lls-ht mixed 7 .70 6 735 Medium mix'd 738 Heavyweight* 7HH Top 7 33 Bulk of **!* 733 r*4'ktn low* 6 "ft —Tuttle— F*w ehotw *ter* $lO 00® 11 00 Prime corn fed steer*. 1,000 to 1.800 lbs. 9.00® 9.50 Good to choice steer*. 1,000 to 1.100 lb* 8 80® 900 Good to choice steers. 1.000 to 1.200 !b* 7.00® 750 Good to choice steers, 1.000 to 1.700 lbs. o.Bo® 7JSO Common to medium steers, 800 to 1.000 lbs 8 00® TOO —Cow* and flelfcr*Good to light heifer* J 9 00®10 00 Good heavyweight* 7.26® 900 Medium hetfer* ..... 000 6 700 Common cow* 8 00® 000 £ s * r cow o.oo® 750 gutter* 2.75 6 3 "25 Canners 2.256 3.75 —Boll*— Fancy butcher bull* $ B OO® 000 Good to choice butcher bull* 6 OO® 550 Bologna bull* 4.26® 4.75 Choice rests . . .sl3 OO® 15 OO Good res’* 13.00® 1.3 00 Lightweight veals 10 00012 00 Common veals Bon®lo.OO Common heavies o <>o® 7 00 Top 15.00 —-Ahcep end Lamb*— Extra ehotre lambs $10.00613 50 Heavy lambs 8 00 610 00 Cull lambs 5 00® 7.00 Good to choice ewes 4.00 6 7.00 Cells 2.00® 3.00

Other Livestock CHICAGO, Jan. 31 .——Cuttle——Receipts, 14.600; market for beef steer* genrrai’y Hl'ady; common and me/llum elow: others fairly active on shipping account; be-t milured steers. $lO 75; bulk fed otrers, sß4* 9.75; she stock unevenly higher, bulje end veal calves unevenly iower; most vealers to packers. *ll® 11.50: Stockers slow Sheen ~Rcorlpt* 13000; market for fat lamb* Mow, about steady; sheip barely steady: feeding lambe fully steady; large p<r cent run back good fat woo’etl lamb* mostly sl4; choice recently shorn lambs. *l2; choice fat ewes, *8.60; good and choice feeding lambs $13.50. Hogv--Receipts. 54.000; market 10@15c on; top, $7 15; bulk. *8.85® 7.16; heavyweight. *?.'■• 715 • me diumwetght *6 95 0 7.15; lightw eight, *0 00 f17.10. light Hgbt. *5 75® 7, jacking sows, mooth $6.40® 6.8(1; packing sows, rough, 50.16Q0.40; killing pigs. *45008. CINCINNATI, Jan 31.—Cattle—Receipts. 600; market alow, weak: shippers. *7.50® 9 50. Calves—Market steady to SOe lower; -xtras. *l3 50® 15. Hogs—Receipts, 3.300; markt estesdy; good to choice packers. *7.05. Sheep—Receipts. 50 market steady; etxras, *4.50®6. Lambs—Market steady; fair to good, sl3 50® 14. KANSAS CETY, Jsn. 31.—Cattle—RnInts 3.000• calves. 500: beef stet.ra s.ow, around steady; heavy steers, *10: other j-'uu'.s around 1.350 pounds other sales of killing (deers, *8®0.65: she stock m-.stly stendy: bill’s and calves steady; top veals, early, *11.50. Stockers and feeders scree, mostly steady. Hogs—Receipt*. 10.000; slow, around 6® 10c higher Pi packers and shippers; 180 0 220-lb. averages, *6.60® 6.75; 96.85 bid by traders on weighty butchers: light lights 16®25c higher; bulk 130® 160-lb. averages at *6®6.25: packing “OW-S mostly sß® 6.25 Sheep—Receipts. 3,000; market for lambs slow, mostly steady: stock slightly lower: early top. *13.05; others, *13(813 50. EAST BUFFALO. Jan 31 .—Cottle—Receipts. 200: market fairly active, steady; shipping spiers, *9.60® 11; butcher grades *8 09.60; cows, S2OO 76. Calves—Reeeipts, 406; market active, 7So lower; cull* to choice, 84 <@10.25. Sheep and lambs— Receipts 800: market active, lambs 10c lower: *he*g> steady choice lambs 514 @ 14 50; culls to choice, *9 @13.50; yearlings, s.Vf,o@ 12.50; sheep, *3.60010. Hogs—Receipt*. 6.400; market active, 10025- lower; Yorkers. $87507.86; pigs, *000.50; mixed. 87.0007.65: heavies, *7.80; roughs. *6 06.25. stags. *3.60 0 4.50. HAST ST LOUIS. Jan. 31.—Cattle—Reeelpta. 1.500; market, no beef steer sales; native beef steers, *9.85; yearlings and heifers. *8.75: oows, $4,2505.50; earners and cutters, $203.60: calves. sll 50; stockore and feedere dull. Hogs—Receipts, 15.000: market steady to 6c higher; heavy, *7 @7.20; medium, *707.20; lights. $6,400 7.20; light lights. $5.5007; packing sows, *606.35: pigs. *5.2500; bulk. $6.9007.16. Sheep—-Receipts, 600: market nominal; ewes. *5 08.25; ennners and cutters, $1.60 @5; wool lambs. sl2 0 14.26. PITTS BURGH, Jon. 31. Cattle—Reoeipts light: market steady; choice, $9.65® 10. good. *8.50 0 9.26, fair *007.60; veal calves. *15.50016. sheep and lambs—Receipts light: market steady; prime wethers, *9 2500.50: good, *8 5009; fsir mixed. $7 08; lambs, $lO 014.25. Ifogs-—Receipts, 25 double-decks; market lower; prime heavy. *7.7007.80; mediums, *7.7007.80; heavy Yorkers. 87.70 0 7.80 light Yorkers. $6,50 0 7; pigs. 50 08.25; roughs, $000.26; slugs. $303.50. CLEVELAND, Jan. 31.—Hogs—Receipts, 5000; market, 5015 c higher; Yorkers, $7.05; medium, $7.05; pigs, $6 roughs, $6; stags. $4.50. Cattle—Receipts. 500; market, 25c lower; good to choice hulls, $5 0 0.50: good to choice steers. $9.75 010 75; good to choice heifers. $0.75 0 7.75: good to choice cows. $4.2505.50; fair to good cows. [email protected]; common cows $1.50@3 > i <>rs. S4OO 80 Sheep and lambs—Receipts. 1.000; market, strong; top. $14.40 Calves —Receipts. 400: market, steady; top, $15.60, In the Cotton Market By United Financial NEW YORK. Jan. 81.—Cotton market opened higher: March, 33.30 c, up 23 points; May, 33.68 c, up 20 points July. 82.30 c. up 20 points; October, 274)80. up 8 points.

Cell Is ‘Home’ for Nine Years

#* 2 9HEs MSfPi f "fv. jHpj--' "T fc. j ' ~' * jg^iwßwh^^^r y>r ®i> Jg||l<' ~§|p |f WsMs ||j;| • p .||! '-fflljfejjp-:* v ff

LODGE DEFENDS SECRETARY DENBY % iContinued Prom Page l) his SIOO,OOO loan and other details of the naval oil leases. The physicians were in the Zevely apartment for about half an hour. Upon meerging they refused to make any statement. Senator Lodge's speech in opposition to the amendment to oust Denby was the first statement the Republican leader has made in connection with the oil leases and while he spoke Senators ami hundreds in the gallery clung to every word. No Evidence of Guilt “I have not seen any evidence to question Denby's honesty or that he was guilty of anything more than a very serious mistake. “Here we are attempting to force him from office without an opportunity to defend himself. “You are trying to do what you would not do to the meanest thief on the streets of Wasbiitgton," Lodge told the Democrats. “It's lynch law—that's what it is. "It in opposed to every rule and law of fair play and fair trial—guaranteed to every one under our own Constitution.” When Lodge concluded a doaen Democrats leaped from their chairs in an effort to get the floor. Senator Pittman, Nevada Democrat, was recognized by the chair and answered Lodge. Pittman Answers Ixtdge Pittman said Denby wus appointed with advice and consent of the Senate and therefore it was perfectly proper for the Senate to repudiate him. "I did not mean to question the propriety of any action by the Senate," Lodge interrupted. "I do not charge the secretary of Navy with any criminal guilt,” Pittman continued. “I do think, however, he Is guilty of neglect of duty and that he has shown great Incapacity to care for the office entrusted to him os secretary of the Navy. We consider Mr. Denby totally unfit to hold this office. “We feel it is continuing danger to the United States to permit him to continue to hold office." HUGHES’ OPINION NOT ASKED Locality of Oil Ix-asm \Vu Not Before Cabinet. By United Prrst WASHINGTON. Jan. 31.—The legality or propriety of the naval oil leases was never brought before the cabinet for decision, Secretary of State Hughes declared today. In reply to an Inquiry, Hughes made the following statement: "The questions of the legality or propriety of oil leaseß now under discussion in Congress were never brought before the Cabinet for its decision. My opinion upon these questions was never sought or expressed either in or out of the Cabinet. If the oil leases were ever referred to in Cabinet meetings, and I do not recall they were, it was certainly only by way of general reference and without requiring any responsible action which of course I should not have been willing to take without expectation of papers and statutes.”

From Far and Near

E. Y. Clarke, W. J. Simmons and other Klan leaders were summoned by attorneys for George Peddy, Texas, to testify In the trial to contest the teat of Senator Earle B. Mayfield, Texas. American warships today returned to guard duty off Vera Cruz, when American interests were Jeopardized. Young wife of Premier Venlzeios, Greece, was summoned from Paris to Athens today. Venizelos, who is ill, resigned Wednesday. Condition of Theodore Roberts, screen actor, ill in a Pittsburgh hospital, is reported serious today. De Wolf Hopper, divorced for fifth time Wednesday, Isn’t looking for another wife. “My life is now a negative blank," he said. Two Mexicans, tracked by bloodhounds, were questioned today in the shooting of the Rev. John P. McKenna. pastor of St. Thomas Catholic Church. Kansas City, Wednesday. Columbus G. Wayland, until recently commissioner of accounts and finances of Knoxville, Tenn., hanged himself at his home there today. Harry F. Sinclair dodged newspaper men In London today ad|l refused to discuss oil lease developments in Washington.

MISS EVA PLATT IN HER “ROOM.”

! Seven Women in Richmond Jail Because State Has No Facilities, 7'imei Staff Oorretvondent | Mentally incapacitated, feeble in ! body and with no crimes besmirching their characters other than the misfortune of having to depend upon the mercies of public institution* for their existence, seven women, all more than 60 years old, are passing the waning years of their life in the home for the friendless, a women s prison in Richmond. How they came there is one story; 1 why they stay there is another. The j fact remains that the following are i there; Miss Eva Platt, 62, confined in | the prison nine years. Mrs. Mary Esther Brown, 70, con- : fined seven years. Mrs. Leora T. Taylor, 75, two i years. Mrs. Catherine Carr, 54, two years. Miss Mary Ann Dunbar, colored, age about 90, two years. Mrs. Ijouisa Gettell, 78, a little loss than a year. Mrs. Eva Addington, 52, little less j than a year. The case of Miss Platt is one of the most outstanding in the hundreds coming to light over Indiana in a survey conducted by Judge Delbert O. Wilmeth. Although not mentally unsound at all times she is at irregular intervals seized with spells of illness when her power of inlnd fades into blankness. Prison matrons must keep a constant watch over her. She has several brothers and sis- | ters living in Richmond and its vicinity. Her mother also Is living. ! But Miss Platt’s condition is such that it is declared impossible to keep her in a private home. Nine years ago sho was placed in the prison. Application was made for her acceptance at the Eastern | Indiana Hospital for the Insane. Her name still is among the list of applicants and she still sits in her rooking chair in the cell or shuffles about the prison, waiting—Just waiting. Mrs. Brown, who is now whiling away the seventh year in the prison, Is kept in a cell about five feet wide and seven feet deep. She Is violent at Intervals. Mrs. Carr is rational except in one respect. She spends hours and hours compiling figures. The work must be done, she says.' Miss Dunbar, the colored inmate, was horn in slavery. She will die in mental slavery, physicians say. And her death will be in a cell unless present conditions are Improved. But, the saddest case of all is that of Miss Addington. Her condtlon was not so very serious when she was first admitted to the prison, according to the matron. Days and weeks of staring at prison walls have done their work, however. The worry of confinement has broken her physically and mentally to tho point where a complete collapse is feared by the prison attaches. “It certainly is not our wish that they remain here," said Mrs. Sue Gaylor, matron in charge. "We have tried repeatedly to get them Into institutions where they can be properly cared for. but the asylums won’t accept them because they say they are too crowded to care for any but those for whom there is a possibility of a cure.” A doctor’s inquest was held recently, Mrs. Gaylor said, and all of the prisoners were pronounced incurably Insane. "We do the best for them that Is possible,” she continued. “But a prison is no place for such people and we certainly Cannot give them the care they should have. When their conditions become acute, all we can do Is call in a doctor. As for treatment to Improve their condition we cannot give that at all.” Tho prison also is used as a detention home. Mrs. Gaylor is assisted by Mrs. Merrald Bright. • William A. Bond, Judge of the Wayne County Circuit Court, expressed regret that the patients should be kept there, but stated there was nothing else that could be done. “Every grand Jury In recent years has recommended their removal, but where are they to go?” he said. "The insane hospital won't accept them and there is no other place where they would receive better attention than at the Home for the Friendless.” Dan Chapman, sheriff of Wayne County, agreed that it was a shame for the women to be retained at the prison. The same conditions exist In the county Jail where mentally unsound men are kept, but the hospital accepts them more speedily and it is seidom an inmate is kept more than two or three weeks, he said. TJ. S. Employes to Meet The annual business meeting of the Federal Business Association, an organization of Federal employes, will be held Monday afternoon In the east courtroom of the Federal building. CapL Thomas E. Halls, president, will preside.

DAVIS HOOTED BY RADICAL MINERS (Continued From Page 1) Mountains and Pacific Coast States, with the result that not a single shift has been lost In either industry for six years, Secretary Davis said. "The salvation of the coal industry must cf me from within,” he declared. This will come “when employer and employe sit around the council table and give to the Industry the benefit of not only their own best talents and experiences, but supplement this by the employment of the ablest practical research workers who will find out the real and unquestioned facta without bi-ta or prejudices." Research Bureaus "Y our organization has now reached the stage where you should create your own permanent research bureaus which would furnish your own and joint conferences with specific and reliable details of the local variations in your cost of living, as compared with the city centers furnished by the Department of Labor—also the coal markets, their sources of supply, the why and wherefore of variations in freight rates, costs of production, selling prices both wholesale and retail, profits and evidences of profiteering,” declared Secretary Davis. “Such research would quickly expose the spot coal gamblers, who are the worst menace of the industry,” said Secretary Davis. "It is the ac tlvities of these gamblers who besmirch the reputation of the Industry and create the unwarranted impres sion that the coal business is a 'hold up' game of conspiracy between employers and employes," Davia as serted. Favors Mellon Plan Davis argued In favor of a tax reduction as proposed in the Mellon tax plan. "We know what would happen If the Government undertook to put a progressively Increased rate of taxes on the work that a man did during a six-day week, say In the mines,” he said. “If on the first day he was taxed 2 per cent; one the second, 8 per cent; on the third. 31 per cent, and on the fourth, 68 per cent, it is pretty clear to me that there would be little work done on Friday and Saturday. That is exactly what has happened to American business under our present system of surtaxes. That is what we are now trying to remedy.” He also spoke for restriction of Immigration.

RUB TEX PRODUCTS STOCK Units and Common. 415 Lemeke Bldg.

I BUY AND SELL

Mortgage Loans p We make loans on new, modem residence properties. We make loans on the installment plan so rthe purpos# of building homes. Come In and get our terms. See our Mr. Olsen. FARMERS TRUST CO. ,50 “ rket The Safe Place for Savings

You Know — Music in the home furnishes happiness that can hardly be equalled. However, many homes are without this music, for they are waiting for the offer that will make it possible for them to buy. Every evening Times readers are watching the want columns, looking for the musical instrument they want and also priced within their means. Whatever you have to sell , call Main 3500 and start a want ad working for you.. So?ne one will be happy.

WORKMAN’S LAW OUTGROWN, SAYS REPORT OF BOARD ‘lndustrial Compensation Not Sufficient for Injuries Suffered in State, 1 If a Hoosier workman is Injured In a factory, mine or in a general in .dustry, the most he can receive un der provisions of the 1915 Indlan-'i workman's compensation law is sl3.2'> a week, based on a maximum wage o' $24 weekly. That the provisions of the law arc outgrown by modern needs, Inflicting ! hardship and suffering on many fam llies, was declared today in the annual report of the State industrial board The average weekly wage of work men Injured in 1923 was $26.63. Since 1915, there have been 325,197 accidents. A total of 116 persons Rr? Injured each day, more thar sou ■ each hour, and one every fifteen mil l utes. The toll increased 16,546 over th number In 1922, despite efforts of th? industrial board to enforce safety r* quirements and safeguards. Labor leaders are asking for ben? fit? based on 66 2-3 per cent of th. maximum wage instead of 55 per cent as at present. The Ohio law is pointed out as a model act. Ohio factories must pay ac high as $18.75 a week, compared with Indiana’s $13.20. The maximum death award in Ohio is $6,500; in Indiana $5,000. TWELVE NAMES POPULAR Community Fund Honor Member to Announced Feb. 18. Names of persons proposed as hor orary members of the Community Fund, to be chosen on the be-sis 01 "outstanding and unselfish service to the public welfare," may be submitted until Friday noon. Suggestions made since announcement of the award centered on twelve names. Because nominees have consented to be considered only on con dition that their names shall not b? disclosed, only the man or woman re ceiving the deciding vote by the di rectors of the fund will be made public Award of the honor will be made ai the annual meeting of the fund, Fet. 18, In the Riley room of the Claypooh Eight men’s luncheon clubs wii: Jointly present a silver loving cup to tha member chosen. Revival Closes Sunday The Rev. J. Lee Collins, Athene. Tenn., will close the evangelistic serv - ices of the Church of God at Cadle Tabernacle with sermons Sunday aft emoon and evening.

We Offer 6% First Preferred Stocks (Prior Hens on real estato) SIOO a Share Exempt from Local Taxation and Normal Federal Income Tax. Detailed Information on request Aetna Trust & Savings Cos. ========== =3 ROSS H. WALLACE. Pres. 23 North Pennsylvania St.

11

Newtoc Todd