Indianapolis Times, Volume 35, Number 252, Indianapolis, Marion County, 4 March 1924 — Page 11

TUESDAY, MAKCII 4,1U24

PRICE MOUNTS IN MARKET NAVE • NO SIGNIFICANCE 4 Street Appears to Be Awaiting Further Developments in Capital. COPPERS ARE 'FEATURE Baldwin and Other Leaders Sluggish From Start. The WALLSTREti JOURNAL NEW YORK, Mi rch 4—-Treasury, Department estimates that the tax bill r.s passed by the Howe would leave a deficit of sll*.<Mh*.niiO caused further confusion :n the speculative mind and irregularity rjnl'nue l in the general list a; the start <>f trading in the stock market today. American Woolen ""as n strong stuit. spurting 3 points to 77 on the expectation of an exceptionally favoiable showing in the 1023 teport Or. the other hand. Stuiehaker. Baldwin and other industrial leaders were I till sluggish, giving the market as a bvnole a heavy appearance. First Hour Trading was relatively quiet in the frst hour and price movements were without significance. Wall Street ap penned to be waiting for fresh developments in Washington and even fa miliar spurts in special issues lacked their customary vigor. Coppers were the best acting group, reflecting the growing uneasiness on the part of the shorts. It was stated at the office of the Southern Railway that so far; as known there is absolutely no r\<Ter- ! ence of opinion among members of the board oonce-ning the dividend policy. Second Hour Prices were dj-u u, bed around noon by heavy selling of American Woolen which broke 3R points to 73following the appearance of the 1923 report thou ins a ’ glance of ?R.K4 a share for tlie common’ Including a special reItervc of ?4.<H*o 000 this item was 1 rought up tSIS.34 a share against sl2 38 a share by a similar comparison In 1922. It was a difficult report to lntm pret becaiise .f tins reserve item xx hi< was | loabiy .et up out <*f 1923 earn A any rate it was esmblishe . for sou •> pi pc e. \m>ii Hour Ti oling ':•> c: iurins the noon den ngs with nos stocks drifting aim less y. indicating traders were still in t n i commital :i no-’. Rosses ip some Jssuns wei: offset by strength in Btii-rs but little that cotfld have in! ™ ’!;• E.ection of the market win> was found as a whole. Rxcepting I t p|.< i—-. group -t'-tivi:ies were con fiietiug. though ‘-•'me of the speeuiat.vo indu-tK4.>l leaders showed slightly more activity- ■ . .c-_ ..lv i, B on tc.at of declining ; rices Fourth Hour Rallying tendencies were promoted In the early afternoon by the restatement of President Coolidge s portion regarding the tax bill which demonstrated that he had not changed his advocacy. : of the Mellon bill. This . x unflinching attitude gave encouragement to Wall Street and recoveries took place in many industrial leaders. American Can came back to H4*, while Baldwin and Studebaker also rallied. American Woolen rebounded nearly 2 points when there was a better feeling regarding the 1923 report. 1 Twenty actice industrial stocks on Monday averaged Silo. off .39 per cent. Twenty active rails averaged $9.51, off .SI per cent. Local Bank Clearings Indianapoh* bank leannc- were 94.316.U011; bank debits were f6.536.000. New York Money Market By l n ited Financial NEW YORK.. March 4.—Tune , money quiet: rates 4*4 4/5 per cent. Condniercial paper ,-hoii-e names. 4 V u< r cc n t: others 6 per cent. Foreign Exchange *v J n>tr*i b'htifurinl PNE'Y YORK Ma h 4.—Foreign exchange irwnilar' Strr*iur demind. < 4.*!9%: *ablr. 14 Krinri demand. 4.040: rabies 4.04 %* I-ire d* mand 4.29 c: cable* O',. . Re!cium demand. 5.54 %c: cable* :fss\ Mark* 4.650 bilion to the Czecbo. demand *’ tOo: cable*. 2So •_*< Sv.is; dt*ma and l 7 ’*)• tabb*: 17 32'* Guilders, tlemam 37.2** table* 57 2.V Peseta*, demand !2.H8 : cables. 12.401’ Sweden, demand. 26.cable*. 26.12 c. Norway demand 13 53c: table*. 13 NC.*. Denmark demand. 15.79 c; cable* 15.63 c.

Business News CHICAGO March \ —AUhi§i*n loading? and r***eu* from oonnot tion- in February ■mer* 127.773 errs afain-t 1.37.721 in January and 126 455 la-f yrar Crop report? fin the whole ar** favorable. NEW YORK—Renort of Willy-Overland Company mlwwiiriw foe yvai ended Do** 31. 193. -hov net pro lit of sl3034 **32. .after intere^t and depreciation, equivalent to $59 1 1 a share earned on outetandini? 522.04 P 500 preferred stock, on at Idenda -amount to 22% per cent A owing only for regular 7 per oent preferred dividend requirement, balance is equivalent to 15 32 a share (par s3l earned on outstanding 51 o 705.805 eon men fnek. This .-nnip;.re with net prof.t of $!.779.831 or ?12in a ehare. on the preferred, and after allowing: regular 7 rer cent on the preferred, to .57 *ents a shire (par s2si on $53,993,860 common outstand tngr in 1922 HOSPITAL IS INSPECTED Sunnysidp \ddition Reviewed Before Final Acceptance. County commissionei's and Chief Deputy County Fjigineer Claude Ma|fe)n. today inspected the new chilBrer's building at Sunnyside Tubercu losis Hosp tal preliminary to^acceptance. The Gale Construction Company, which built it and which is in re ceiverahip. still has $11,263.17 due. Payment has been held up due to charges that some walks and windows were not constructed properly. In case the building is accepted the recover will have to give proof that all bills for material have been paid.

New York Stocks (By Thomson A McKinnon) —March 4

Railroad*— Prev. High. Low. 11:45. ciose. B & O 56 1 - . . 56 1 3 56 C& O . .. . 71 % 71 % wl% 71 % C&XWRy 50 V, ... 50% 49 % Erie 24 5 • 24 % 24 % Gt North pfd 5.5 .54 4 * 54 5 53 5 Mo P-.t, pfd 36% 36 36% 36% N Y Central . 101 % . . 101 101 NY XH & H 19% .. 19% 19% North Pac. 4H. 4S % 4S % 48% Nor 4 West .117 114% 117 114% Penney . ... 43% ... 43% 43% Reading .... 55% .. . .55% 55% Southern Ry. 49 % ... 49 49% Southern Pa*' 86 % ... 86 % 86 % St Paul pfd 23% 22% 2.3% 23 St L 4 S \Y 38 37 % 38 38 % Unioi Pac . . 1 ‘.*7 % ... 127 % 127 % Wabr *h pfd. . 43 % ... 43 % 43 % Hi bher*— Kell> -Spring. 23 .. 22% 22% U S Rubber. . 33% 33% 33% 33% F. ( itipment— Amer Loco.. “4% 74% 74% 74% Baldw Loco 122 % 121% 122 122 Gen Elec ...207 ... 207 207 Lima Loco.. 6- r > % ... 6.5% 65% Pullman* ...119 .. 118% 119% Westh Elec.. 61% 60% 61 <>% Steel*— Bethlehem. . . 56% 56 % 56% ,56% Crucible . . 63 % 63 62 % Gulf States . 81 SON 80% 80% R Iron A- S 55% 55% 55% r S Steel 103% 102% 102*, 102% Motor* — Chandler M 61 % 60% 60% 61 % Gen Motor* 14% . . 14% 14% Max Mot lAI 51 % 51 % 51 % Strdcbakrr .101% 101 101 % 101% Stewart W . 88% . ... 68% 88% Willys-Ovcr .. 12 .... 12 11% Minings— Int. Nickel 13% ... 13% 13% Texan G & S 61 % ... 61 % 61

NEARBY WHEAT IS LOWER AT START Sentiment in Corn Also Proves Bearish.” Ry l nit>4 Finnniial CHICAGO. March 4.—The start on the Board of Trade today was irregular. Failure of I.iverpool to respond to advances made in domestic markets Monday caused May wheat 10 start lower. Large world shipments, free offerings with sellers inclined to make concessions to elTect sales were responsible for easiness in Liverpool. July wheat on the local market was unchanged, there being no incentive to speculative interest. Sentiment in corn at the opening was inclined to be bearish, due to larger receipts than expected and light deftiand. Oats weakeqed wi*h corn, due also to Canadian offe>-s at a discount under American prices. Provisions were helped to maintain steadiness by higher hogs and cables. Chicago Grain Table —March 4 WHEAT— Pres Open Hizh Low. C!n*e. close. Mas 1.11 H I 15H 1.11 % 111'. 1.11 % July 1.11 '? If!', lilt, li" >* ill'/. Sept .1 Its 1.1“*. 1.11 \ lit i 1.1" CORN— May .01 H M■. 80* .81 ', >1 July . SI H s-> :, si i, >|-. s; S Sept . 81V 82 N 81 S .8214 81*. OATS— „ May . 48* 4K*. 47' .48*. 48 N. ■?; !v . 40'4 41- . 46'„ 48 4 LARD— Ma 1117 11 30 11.17 11 30 11 17 RIBS— Mav.. P. 72 77 0.70 P. 77 0.70 RYE— May.. .71 .72 TON 72 70*. July . 74 74 72 7 73 \ 72 K Grain Briefs CHICAGO Marvh the upward I t*'end in eraiii?> ha* been irregular and dl- - appointing to bulls, genera! a-’tion ha- not 1 been *'omf‘rtingr |o bar* The is gradually turning in favor of the bulls. Raiin 9 * ity will have 5.060.000 to 7 000.•00 bu-hel* of *heat left in stock May 1. unl*"Mi *ub>tantia! foreign outlet ueveiop*. leading aouthwestern elevator men xntend A if** irg' t demand *\i *- for *ine wheat, while the movement from inrur to p*t*- continue- lilti*t! Outlook or th~ new .-orn crof* i“ excellent. The United State*, it is believed, is nowon u domestic wheat basi* An increase in riff will for a -tnng position in rhe May delivery, if effected within a few week*. A. IVivate reports on farm reserves of corn are regarded a* bullish. Sf*me believe actual <*n* imption ha- been hea\ier on account j of poor quality Canadian wheat in the United States ds< creaseri 2.300 00d bushel* last week to 24,- ; 091.000. Produce Markets FNDTANAPOLIS. March 4—Fre*h eggs loss ff 20c packing *fn k butter. 26c; spr nga over 2 !!*.. 22c; fowl* 4% lb* up 23c: fowl* oujer 4% lb*. 19c; Leghorn poultry. 5 per eeiit dis*ount; ccv’ks I3c; s‘a7*. 16e; vapors 8 'b up 28c young ton: turkey*. 12 111*, up 24c; young hen i t'.rkpv,. 8 lb* up. 24* . old tom turkey* 18 duck*. * lbs upt 19c gc'e. 10 ll> up. !•’>•: *4ju*b* 11 ;b* t* the doz.. 85.50 od t dnea*. doz $4 50. Indianapolis creamrif* are paying 52c per lb. for buttorfat. CLEVELAND. 4.— Butter—Extra •n tubs 51 % ffi 53 %c extra 6r*t. 50 % 52% ftr*p 48 1 - 'rf 40 be; packing stock. 25 n 30c; standard* 50 1 ? <ft 52 %c. Egg*— Fre*h gatherer! northern extras. 27c extra first*. 26c: ,pbio first 26c; western first* *2L-* Poultry—T.ive fat fw l* 27 28c; s-tririgers. 27e Lesrhorn fowls 21'(1220; o' and roosters lfift 17* g* so !9<52!e; heavy white ducks 28 light co’ored dticks. 25c r dium fowls 24c: •'•keys *.‘Bc stag* 19 *5? 29c Potat*os M’cl::-’an round 8 ’ 255t2.30- thio 82 30 Mmn**?ota 8130 <7 i" 0 \*>w York 52 tub*. | CVJC AGO March 4—Rutter —Receipt* 14.234 creamery extra 46%c: standard*. 46 %c; first* 45ft 45%c: second*. 4'*’ t 4 Egg*—Re*'eipfs. 19 452: ordinary ft"®**. 20<??21c first*. 2° %e Chees’ Tw ins 22c young Amen, an* 23 %c. Poultry— Re<*e’pt I car fowl* 24 fa 25c; dinks 27c: geese 16<’; tureky* 20c springer*. 27c; rooster* 17c. Potatoes—Receipts 257 eras. Wisconsin round •• hie* sl.lsfat JO 'linnesota and Nortli Dakota Red River Ohio* $l5O fa 1.60 CONSTABLE GIVEN FINE ( Iwlfs Kirh.v With Intruding at Mail'- Homi*. Charles Kirbv 27. of 527 X. I>lawarp Si., a con-tab!*- today received fines and sentences on charges of intoxication. ma!i' lous destruction of property and operating a blind tiger. Police charged he broke a window when refused admittance at the home of Wayne Hunter. 819 Fletcher Ave., killed In a fire truck collision Monday. Kirby said he had a warrant to sc ve at the house. —Police allege he had none on his pei-son. Kirby was fined 85. Slit and Sion re spectively on the "' arges respective.y and was senten -el t. thirtv .lays at the Indiana S'a*" Fa'tn on each of thp last two cit I' gcs. - In the Cotton Market Ry I n’tca Financial NEW YORK. March 4 —The cotton mar ket opened oner Mtnti "7 -Sc. off 31 points May. 28.05 off 40 pointa: Julj. 27.50 c. off Cl points.

Prer. High. Low. 12.45 close t oppers— Am Smelt... BOA* BOW B 0 >4 BI V Anaconda 35 34 X, 34’, 35 Kennecott . . 37 .... 36 *i 37 *4 Olis— Cal. Petrol.. . 74 t .... 24 ' 74 tj Coeden . 34 U 3334 34 % I’ Am Pete 47 4BV, 48 47 k, PAm P IB* 45*. 441 4 44, 45 Pacific 0i1... 51 49 '4 49*1 50 "4 Pure Oil . 24'. 24'* 74 >i 24 S. Oil of Cal.. 61 ' 60'a HO't 61 1 4 8. Oil of N. J 38*i . ... 38 38 % Sinclair . . . . 21 21 21 *, 21 H Texas C 0... 42 A. .... 42' 42 % Indu-trials — A llic.S Chem.. 68*. 67 X 6.B'A American C. H 4 117'j 113*a 117 * Am Woolen. . 77'. 75 * 76 74 Coca-Cola. ... 72 ... 72 7 Cont. Can... 50 40 '4 49 X 50’4 Davison Chem 57 * ... 5d ' a 52 '4 Pam Players 67’ ... 6714 6714 Gen-Asphalt.. 39*4 3.814 3t**i Int Harvester 85 . 8> ... Yont Ward . . 77 76' 76'. 26 w, Sears R buck 90 =. 90 90*. 89 '4 V SC Iron P 77 'a 76 7614 7714 P S hid Alco 75'4 74 ** 74 'k 75 t tilitles— Am T tnd T. 129 12SH 129 129 cec-oi Oa.. 6.U. ... 62 X 67 7 i Cos t mb,a Gas 34 'j ... 34 H 34 4* SbipiiinE— Am Int Carp 21 * ... 21 * ... nt M M pfd .. . 23-L 79^ Fivods— Am Sugar.. 55*. 35'* 5.5*. , 56 ’4 \m B Suear 40** . . 40S ' 41 14 Corn Prod .172* 172 172 ' C Bug pfd 68', R 7% OR 67', Culi Am B‘iaar 35 A 35', 35'4 IhUita Alccre. 63'4 63 63‘4 6214 Tobacco,— Tob IVod B 67 4 62 X 02 X 63

INDIVIDUAL MOVEMENTS FEATURE CURB TRADING four Industrials Touch New Highs for Year in Early Trade. R i I nitctl Financial XEW YORK, March 4.—Special movements featured the forenoon session of the Curb market today. liubilier Radio, on definite statements of yplcndid earnings so far this year, advanced into new high territory at 23*., up s Park Tilford a'.so advanced 1 V. into new high ground and Colorado Power gained 26 to 27. a third new high. Tobacco Products export, gaining \ t<x 5V*. was the so irrh'industrial to establish anew record. Kresgc Department Stores gained a half point. In 'lie oils Borne Scrymscr lost 6 to 215 while Chesebrouf.h at 460 showed a gain of 4 points. Movements elsewhere in the oils were without significance. BONDS HOLD STEADY ON MODERATE TRADE VOLUME Liberties Remain Practically Inchangcd—Kails Firm. g I mtcil Financial NEW YORK. March 4—On a moderate volume of transactions, bonds displayed , firm ton*- in the caHjf dealings today. Liberties were afVmt unchanged from the previous close. Rails were generally steady and fractional changes were*scored In most cases. The Industrial list was steadier Wilson & Cos. convertible 5s at 91 were up . Births Girl* Blutvhpr ar.ci Jpsnu* Snuley. 111 ”> N. Belmont. / faro hi and Anna Hurtaibigh. Methodist Hosjnt*' \nun w and Mamie Folop Methodist Hos* pjfal (hare* and Margaret Worthington. Methodist HospUal. Albert a.ui Roacna V< a*>r. St. Vincent 12opit&L Nob.e and Ruth Ritchey. St Vincent Hospital. Harlan and Maude Owen*. St. Vincent Hospital. .lame* and I. .eille Kent St. Vincent Hospital Thonia* and Julia Megcall. St. Vincent Hospital. Wiliam am: Myrtle Ferguson. 759 W. Walnut Ha ry and Lela Hardin. *2lOl Schriver Pob rt and Margrete Smith. 81‘J E. Minnesota Janie* and Margaret. Hatfield, city ho* pifal. Harold and Myrtle Shultz, city hospital. J.awr*iic mwl I>aie Howard city hoapital. /Truinan and Norma Luuipkin. city hoa\f.\al i>or(t* ac.a Mary Hawkin* city hospital. M,v ' an 1 Tcctma . <itv hoaintal f rank and Ruth Fry. Robert Long Hospital. Ernest and Mane Garrett IOOZ W Walnut Robert and Caroline Moser ip. Methodist Hospital. TneMio.e and Neil Petranoff. M‘thodtat Hospital John and Anna Ehrensperger. Methodist Hospital. Fred and Elizabeth Pfleger, 9t V* lucent Ho*pital John and Clara Schilling, St Vincent Hospital. Lee and Rote Johnson St Vincent Ho* pit?* John and Nannie Haynes 2444 Martindale J*ph and I.nolle Steven* ‘*4o4 Daisy. KUa and Esta Flynn, city hospital. Andrew and Bessie Seitz. 1325 Olive Marshall and I'aulin* Hill 2008 Shelby. John and Sarah Dickison. Robert Long Hospital. Waiter and Romna Brookmann. Robert Long HoisJtl Deaths O'inda Roarers. 87. 2600 College, arterio*e>roi* La moniry tu'oerculosls. Alee McKissick. 05. city hospital, cystitis. R'chard Branch. 24 city hospital, gastric ulcer. Faunv Sampson McMurray. 60. Central Indiana Hospital cerebral apoplexy. Louis W Neubling. 71 118 W. Eighteenth, uiar insufficiency. Rett a Lashone. 52. 1214 S. Belmont, mitral regurgitation. Queen Wright 37. 759 Indiana, appendt•'ltis George Rusfiell. 42. city hospital, chronic nephritic Wi’lfam J. Rranham. 2 nonths. 2305 W. Harris, hroncho pneumonia Mary J. Scott. 83 1410 Lee paralysis. WtlMam Henry Holfoker. 81 . Deaconess Hospital, chronic interstitial nephriti*. John s Slmcoc 50. St. Vincent Hospital, •hronic m.voi arditis. Jessie Louise Hawkins. 50. Methodist Hospital. carcinoma TTrbin H Rothschild. 59. 214 E Twentyfounh. chronic nephritis Nora Badgley. 47. St Vincent Hospital, carcinoma. Elsie .Tone* Ross. 11, 932 N. Gladstone, cerebral meningitis Josephine Barnett, 81. 1323 E. Tenth, cerebral hemorrhage Tliomas Bet. 45 535 Agnes pulmonary tuberculosis. Frederick William Heidergott. 80. 3351 S hool. broncho pneumonia Andrew Apple. 74. 1178 Kentucky, chronic nephritijv Charie* J. Watkins. 9 month*. 813 E. North broncho pneumonia. Tank Wagon Prices iGasolir," nricf* do not Inoluds Slat- tax of 2o a fallen I GASOLlNE—Knarffrt. 72c a fallen ; Pure!. 18 7c: Red Crown 18.2 Diamond fan. IS 7c Crystal P"P 2tc: TarfCt, 18.2 c; 8U vrr Plash 22c: Standolind aviation. 23c. KEROSENE—Cryatalinc. 12.7 c a fallen; Moore l.ifbt. 15.5 c; Arclitc. 12.7 c; Pcrfec>io" 17.7'-: Solvent. 35c. NAPTHA—Lino Pnwer Cleaners. 22 6c a rabon- V M A- P.. 23.5 c Standolind Cl&n-----s 77.50. Local Wagon Wheat ■ Ht-aimi - ml)is ,md elevators are pay--i 08 f n- No. 7 red wheat: other frains ii" their merit*. Cloverseed Market Local dealers are paying SIOOX3 a bushel lor clovereeed.

THE INDIANAPOLIS TIMES

PORKERS ADVANCE 10 CENTS LOCALLY 4 Another Light Run Brings Upward Price Revision, It or Prices Day by Day Keb. 260-800 lbs. 200 225 lb- 150 180 lbs. 27. 7.25® 7.50 7.25@ 7.30 7.26© 7.30 28. 7.25 7.26 7.26 79./ 7 50® 755 7.50® 7.55 7.50® 7.,55 March 1 7.50 7.50® 7.77 7.55® 7.60 3 760 760 7.60 4. 7.70 7.70 7.70 The average cost, of all good hogs advanced a dime in trading at the local livestock market today as the result of continued light marketing here and at other market points and strong detpand from -the shipping trade. Altogether 7,500 head were on sale, including Monday's holdovers numbering 160, but so active was the trading that a complete clearance was effected within the first hour. All weights and classes sold at a fiat price of? 7-70, compared with $7.60 for similar j kinds on Monday. Sows and pigs sold steady, pigs down from $7 and sows down from $6.50. Local killers Joined with shippers in the day's buying and contributed materially to the excellent clearance and helped to -steady prices at the advance. Monday night's rain left highways witlfbi the truck market area in no condition for hauling and receipts in division again were light. Monday's improved sentiment in the cattle market was continued into the day's trading and prices on better grades were strong in most instances, while those for the common and me dium stock were regarded as fully steady. Only 80t> head arrived for market and activity of outside buyers, coupled with thAt of local kill n-s, contributed to a generally actne and higher market. Improvement in the eastern demand for veal, cnitpled with a light run of 500 head, brought about a half dollar advance In the price of calves. Choice kinds sold at, a top of $13.50 and the bulk from $12.50 to sl3. Less than 50 head of sheep arrived at the yards, but prices were steady w ith native fed lambs selling down from sl6 and sheep down from *9. —Ho*— Choice lifht* . . $ 770 Lifht mixed 7 70 Medium mixed 7 70 Heavyweights 7 70 Trp 7 70 Bulk of aie* 7 70 Pigs .... 6.50© 700 Packing sows 6.00® 6.50 —Cattle—■ Prime com fed steera. 1.000 to 1,800 .be 9 00 ®IO.OO Good lo choice steers. 1.000 to 1 ion lbs 8 50© 9 00 Good 'o choice ster*. 1.000 to 1 200 lbs 7.00® 750 Good to choice steer*. 1.000 to 1.700 lbs 6 05® 7.50 Common to medium steers. 800 to 1.000 lb* 600 7.00 —Cow* and Heifer*— Good to light hqifers .... J 6.00® 950 Good heavyweight 7 2 > a 8 on Medium heifers 6 00® 700 Common cow* 3 On© 6 of) Fair cows 6 60® 7-5 Cutter* 2.75® 3-5 Canners 2.-5® 3- J —Butt*— Fancy bub-her bulls $ 500 fit 600 Good lo thole* butcher bull*. 5 00© 550 Bologna bull* 4.25® 4.75 —Calve*— Choice real. Good veals 10 oo® 12 00 Lightweight veals inn2i s fin Common veal* 6 00® 800 (Common heavies 5",!© < 00 Top 13.50 —Sheep and I.atnbs—- | Kxira choice lamb* J 1 7 00© 16 00 I Heavy lamb* 10 00® 12 00 I Puli imba 6 00® 9 Ljo flood to Choice ew—, Goo® 9 00 ! Cu lj, 3 00® 5.00 Other Livestock CHICAGO March 4—Cattle R/ori[>te 11 000. market for better gr ide be, ( steer* and t*ef heifer* fslriy active, steady to strong olheis and fit cows steady: top ma t tired stcorK. 511-25; several loads early. *lo.so'® 11.50: better grade y.ailing. ti1).60, early bulk bo-t atoer* early, 8® ID °f. others tleady, bulk stocU**r an** feudal - * early *5 80® 8 Sheep—Receipt*. 13 000 market tor killing ■!*< * slow feeding ami shearll'g lamb* s, - ar,_"e. steaily: mo*t bid on fa IN a Bib* 26c lower choicu dll', fat wooied lamrit to .uty butchers, early. 1U looks 25c off fed odd lots natlvw, early. 13.50® 16.75. no early sales sheep good shearing latrißs early 515.25® I ■ .30. Hog.,— Riswipt* 32*000: market slow mostly 10c higher, pavkrrs Inactive : bidding steady top. 57.60: bulk. $7 16 ©7.45; heavyweight. J7.30® 7.50; mediumweight. 57.754 ft 7 45; lightweight. 57 <#7.40; dght light* $6 <ft 7.30; packing o - vs. smooth. SB 40®0.65; pa king sows, rough, 56.20® 6 40; slaughter pfg*. $4 23®6.26. CLEVELAND. March 4,—Hog*—Receipt*. 3.500: market 5c to 10c higher; vorkera. *•7 80: mixed. $7 85: medium. 57.85: pig*. 86.60; roughs, $6 stags. $4 50. CattTe— Remlptft. 200; market unchanged. Slump and lambs—Receipt* 600; market eteady. top. sl6. Calves—Receipts. 200; market stow; top. sl3. KANSAS CITY March 4—Cattle —Rccoeipts 6.000; calve* 1.000; berf steer* strong to a shade higher. f*(d steer* mostly $8®9.50; ome held higher! she stock ae live, 10© 15c higher: spots 26c higher on good quality hotter* beef cow*. S4 r tt'; heifers. *6.50® 8; bull* steady; calve* uneven; veals weak to lower; heavyweights unevenly higher: stockers and iceder* alow to steady; B‘-hy feeder*. 8.26. Hog*—He oeipts. 11.000 market 10c higher to shippers; desirable 2in©26o-lb. butchers. $74 5 ©7.26: packing bow* mostly 6.25 @6 35. Shepe—Receipts. 4.000: lambs slow; few opening sale* 10® 13c lowre; early top, $15.85; sh|cp- around steady; ewes. $9.75. EAST ST LOUIS. March 4.—Cattle—Receipt* 3.500; iruirket. beef st"rn steady to strong native beef steer*. $7©8.15; yearlingn and heifers. $8.7.5 up. cow*. $4.23© 5.75: canners and cutters. $2.35®, 2.7.i: calves. $10: etoekers and feeders, s6© 6.25. Hogs—Receipts 20 000; market, steady to 5c low'er: heavies. $7.35417.50; mediums, 7.35© 7.55 ; light. $6.85® 7.55: light light*. $6®7.40: packing sows. $6®6.50 pigs st ©6.75: hulk. $7.26 ©7.50. Sheep—Receipts, 500 market, weak to 25c lower; ewes. $6.50® 10; canners and cutter*. $2.60 ©6.50; wool lambs $13.75© 16 CINCINNATI. March 4.—Cattle—Receipt* 400: market, weak: shippers. s7© 9.25. Calves—Market, steady to dull weak extra*. $11012.50. Hogs—Receipt*. 4,400: market steady to 15c higher: good to choice packer*. 800. Sheep—Receipts, 25: market strong; extras, $5 50© 8 Lambs—Market, strong; fair ot good. $15016.60. PITTSBURGH March 4.—Cattle —Re celpts light: market, steady: choice, $9.65® 10: god. $8.600 9.25: fair. S6O 7.50; veal calves. $1350014 Sheep and lambs —Re cetyls light: market steady: prime wethers. $10.60011: good. $lO 010.50; fair mixed. SBO 9: lambs. $12.50 0 16.40. Hogs—Receipts. TO double deckers; market, higher: prtme heavy. $7.65 0 7.80: mediums. $7.95© 8: heavy Yorkers. $7.9508: light T'orkers $707.50; pigs. $6.5006.75; roughs. $5.75 0 6.50 stags. $3.250 3.75. EAST BUFALO. March 4.—Cattle—Receipts. 150: market, slow, steady; shipping steers, $9010.50: butcher grade. $8(0,9.25; rows $2 0 6.30. Calves —Receipts. 450: market. active, steady; culls to choice. $6.50® 14. Sheep and lambs —Receipts. 1.800: market., active, lambs 10c higher. sheep setady; choice lamb*. SIOO 16.50; culls to choice, $9.50015.50. yearlings. $9.50© 14.50: sheep. S4O 11. Hogs—Receipts, 6.600; market, active to 10© 25c higher Yorkers. s7© 8: pigs $6.500 7: mixed, $7.85© 8: heavies. $7.900 8; rough, $6.25 ©6.50; stags. $3.600 4.50 Dressed Beef Prices Wholesale selling prices on dressed be*f. Swift- A Cos Ribk —No 2,30 c: No 1. 17c. Loins—S#. 2. 25c: No. 3.18 c Rounds— No. ;}. 20o; No. 3,15 c. Chucks—No. 2, 18c: No. 3,10 c. Plates—No. 3. sc; No 8. 7c £ Raw Sugar Market Ry l piled Financial NEW YORK. March 4.—The raw sugar market opened steady May, 4 9505.00 c; July 5.5305.56 c: September, 5.50®5.51c.

M’Lean’s Right-Hand Man Was Formerly Washington Bartender

B. 1 <- 'V FRANCIS McADOO, SON OF UII-r.IA.M G„ DIDN’T WANT It HAVE HIS I’ICTI-RE TAKEN. HERE’S WHAT THE CAMERA GOT.

K W. SMITHERS SENT MA JOR'S CODE MESSAGES TO Me LEAN OVER EDWARD Me LEAN'S PRIVATE WIRE FROM WASH I NOTON TO PALM BEACH. SMITH ERS IS ALSO WHITE HOUSE TELEGRAPII < > PER ATI >U.

INDIANA CHRISTIAN INSTITUTE OPENS ‘Bible God's Work,’ Speaker Declares. "The Bible is (Sod's work," and dared M. V. Foster today before delegates to the Indiana Christian Institute at the Englewood Christian Church, Washington am> Rural Sis. Men in spired by God were responsible for writing the book. Foster said. The Rev. W. 11. Book, in :m address on "Whut Constitutes a True Church of Christ,” paid the word of -To 1 should be preached to Gentile. Jew ami heathen alike. Speakers tonight are A. N. Clark de votions and R. E Elmore, "The I'hns j lian Cnlty Felh wship.” An cvangelis-j ric sermon will be given by the Rev. Book. J. L. Sharitt will speak Wednesday morning on ‘ The Importance of tin Loca' Congregation.” SCALES ARE CONDEMNED Ten Ter t ent of Device* in Five Towns Ih'cla.'od Incorrect. Approximately *lO per cent of eoun j ter scales In five Southern Indiana; cities, tested in February by Richard White, assistant State inspector of weights and measures, were con j demned. it was announced today. White inspected 233 scales. Cities, visited were New-'Albany, Jeffersonville, Charleston, Speeds and Sellers , burg. JONES’ ‘HUNCH’ IS GOOD Shy Glance of Motorist licads to Ar- j rest on Liquor Charge. William D. Thomas. 43, of Indiana Ave., "looked shy” as he droveTlast Lieutenant Jones and squad ; today, the officer said. Jones had a hunch. He drove in j front of Thomas at West and North Sts. A gallon of liquor was found in, Thomas’ car, Jones said. Car ana liquor were seized. Thomas faces transporting charges. T : 0 Marriage Licenses F. D. Foster 18. 322 Darnell; Lesth Boyd. 18. 5.30 W Thirteenth. C. O. fnyrler. 27. 206 N. Tremont: Virinda Bourne 20 317 N. Capitol. Bedford Ray. 26 349 Villa; Ethel Barber. 19. 546 W Morris. Il W Tee!er. 26. 8 Meridian: Louise Kraft. 22 Msyvood Ind W. .1. Welsh 20. 141.5 Montcalm; Margaret, Hollis 16 339 Hanson R H. Sylvester. 24. Areola. 111.; Tensie Parker. 22. 815 N, Temple G. R Smith 48 2740 E. Fifteenth; Jennie Howard, 33 740 K. Fifteenth. W. J. McGowan. 43, 529 Lord; Cora Thacker. 43. 529 Lord. Victor BHls 34. 919 N. Senate; Mary Lacy, .35 618 Drake. W. H. Duffy. 30, Ft. Harrison: Leah Hxthcoat. 23. 1314 Lawton.

JOHN MAJOR By CHARLES P. STEWART, NBA Service Wrßer. WASHINGTON, March 4 John F. Major was a Rood bartender twenty years .iro, and now h< ha- come huo-fiis reward — to shine in tli" Senate oil inve.stlpariii-’ ear .mitt, '-'s galaxy rf s'ars. He ■ inees with a rellected liKht. perltap* -the reflection of his boss, Edward H. 3b Lean, ’the millionaire newspaper owner who made a $!00,oO > loan to the then Secretary of the Interior. Albert B. Fall, and then K'd his check back unoashed, st!:r;v ',[i the most intense curled! y. Itu its a pr'ty bright reflected light, for ail that Knew Him in Bar Mel got I knew M i;->r arnsf tlie La. ot - sa-oon. celebrated In Wiishink-on in preprohibition da; s. The • -apt; "ewspaper man lil;<?d the gf-ni.il dispenser of dnnk* and di, i.e .fcnsl him a job, at a W's- ■ in pa\ on the Wash ington Post. They eay Major Jump' I—j ,h bar to accept From that day to this Major lias been McLean's right-hand man, not exactly in a new.® iper capacity, I bin a* a confidential a-rent. guide. I counselor and faend- omeiime#, i its Averted, as a body guard, too, for i M.rinr is i la •), .. ;> mil right I handy with bis fists. Major Was Fleeted So when, the oil inv.- ligation on. Mclavan waated ! ( i go to Palm Beach, and yet Man ed to keep an eye- a* least by proxy -mi the tafiuiiv as we’d. wi,t> eit Major was elected to stay on the job in Wash--1 ington and If t'ne bo.-,s know all i that it behooved i. rn to know conj cerning the prngressr of ( tents! Major it was tvho had a hand in 1 all the e telegrams to Palm Reach in the funny cod., about "Apricot" 1 and "Apple" ind "Prat; let" and "Duck." and all the rest. MAN GIVES HIMSELF UP V' Fred Thomas Arrested in Investigation of Alleged Blackmail. AN'itla the arrest of Fred Thomas, | 23, of 1 1 E. Michigan St., Federal j prohibition officials believe they have the last man wanted in investigation of an nlb'ged attempt to blackmail J. \V Bridges, Hancock County farmer, out of SI,OOO. Thomas surrendered voluntarily and was released ofi $2,500 bond. According to Bridges, the men attempted to collect money from him for suppressing evidence of liquor law violations by ropr> -enting one as a Federal prohibition officer. UTILITY HEARING HELD t Central Indiana Power Subsidiary Asks Bond and Stock'lssue. A hearing was held a,{ the public service commission today by Samuel R. Artnian, commissioner, on the petition of the Wabash Valley Electric Company, controlled by the Central Indiana Power Company, for the, issuance and sale of $146,000 in bonds and $48,000 in preferred stock. Directors of the companq, which controls and operates the Merchants Heat and Light Company, voted Feb. 29 to increase common stock from $6,000,000 to $7,500,000. MOTOR CLUS RE-ELECTS 11. M. C. Officers to Remain at Helm Another YearOfficers of the Hoosier Motor Club will continue in-office for another year These were re-elected by directors Monday night: Frank Wampler, dent; F. L. Kirk, p. D. Haskett, J. Duane Pungar. vic*e presidents; Carl A. Taylor, treasurer and M. E. Noblet, secretary. Two Held Fugitives Attie Johnson, 2S. Brownsburg, Tnd., held by police, is-wanted in Mt. Pleasant, lowa, on charges f forgery, officers say. Guy H. Rutt, 39, of 3517 N. Illinois St., is wanted in Bloomington, Ind., for failure to pay a board bill, according to the detectiyea who arrested him. Rainbow Meeting Wednesday i Rainbow Division Veterans Associa- j tion wdll meet at 6 p. m. Wednesday | in Superior Court Room 3.

CAR COMPANY AND COUNCIL ATTACKED

Englewood Hustling Hundred Expresses Distrust of Railway and Condemns Action of City,

Appointment of a receiver for the! Indianapolis S;ree; Railway Company! was advocated today by the Englewood Hustling Hundreds, a civic organization. A resolution condemning the company was adopted at a meeting attended by 263 men Monday night. One resolution expressed distrust of the company and another condemned the city council for the) manner in which it is considering the proposed inSTATE TRANSFERS MILLION DOLLARS 10 AIO FINANCE Debt Goes Soaring 'Skyward as Board Borrows From Fund, One million dollars was transferred today from the automobile license fee collection fund, held by the Secretary of State, to the State highway fund. The money, due April 1. was advanced at request of the State board of finance. The finance bo rd. in turn,borrowed $500,000 of the money and transferred it to the genbral fund. The hoard,- meeting late Monday, took no action on a request of John D. Williams, director of the State highway commission, for a certificate of indebtedness of $650,303, representing inheritance taxes accumulating since July 1 Total Indebtedness of the general fund, should Williams' reques* be granted, will be $4,390,000, finance board members said.

The balance in the general fund today was $500,000 with bills, totaling approx mutely s2"<),oo'l due within a few days. The benevolent fund, subject to heavy loans to the general fund, has H balance or $200,000 which will be depleted by the close of the week, i Carl L. Cue, deputy State auditor. 1 estimated. Bank loans of 32.500.000 will come due June 30. Toe Suite is paying 4 8 per cent inteffst on them and 2 per cent on loans of $400,000 from the auto theft fund, of $340,000 Pur- ; due endowment fund, and of $500,000 from the highway fund, beginning today. Tne Rankers Trust Company. Indianapolis. was made depository Monr art :,d 1 t:onl $75,000 highway contingent funds. Robert W. Bracken, , ;ditoi. voted against the motion. RECOVERY IS DOUBTFUL \ i, tint of Fire Truck ( rash Still in Serioius Condition. Arthur Maar, 33. of 1458 S. Meridian • Sr., city fireman, was still in a serious condition at the citv hospital and las recovery remains doubtful He has a fractured skull. He was ini jured In the crash that was fatal to Wayne Hunter, fireman, when two fire trucks collided at Noble and Wash ! ington Sts Monday. Ernest Adolay, 38, of 929" New , Jersey St., who was injured about ! i lie* face, is recovering. Clara Alsmeyer. 26. of 1 437 Linden St . and Robert Taylor. 24. or 1633 5 .Meridian St., "were hoth reported improved They suffered injuries ! when two street cars collided on the , slippery rails at Blackford and W Washington £ts., Monday. GYROS VISIT FACTORY < lub Goes Through Foi-d Motor Plant; New Member Named. The Gyro Club visited the Ford i Mo orplant, in E. Washington St., - this afiernoomafter the weekly lunch- | eon. James Calderhead was host. W ay ne Schrader was accepted as a new member. Wallace Kemp, who Is leaving the city, has resigned. The club wil4 have a skating party! at Riverside rink Wednesday evening. FRONZO WAGNER GUILTY Police Emergency Driver Suspended for Thirty Days. b ronzo \\ agoner, police emergency car driver, today was found guilty of unbecoming conduct and suspended! for thirty days. Police Chief Herman F. Rikhoff charged he was intoxicated. N I he safety hoard promoted Patrolman Fred Brennan to sergeant. Patrolman Erwin Jordan was granted a six months’ leave of absence. Earl C. \\ ade was named substitute fireman. Two police motorcycles were ordcreiL

Drums, Uniforms, Fifes for a Bays’ Drum Corps There a re TiT uniforms, made of moleskin with red decorations, sizes 30, 32, 34, 36. The drums, 37 in all, including 2 bass, need new heads. Two dozen fifes. These will be sold in one lot only. If your organization or school wants to start a boys’ drum corps the price will he reasonable See or Write Mr. Pigman The Indianapolis Times 214-220 West Maryland St. Indianapolis

The resolution demanding a receiver: \ - Receiver Is Demanded “This organization deplores the flood of propaganda let loose by the Indianapolis Street Railway Company in anticipation of its appeal for higher fares and in view of the unfair conduct of said company in throwing aside its* franchise with the city and thus evading the attendant obligations; its failure to pave between its tracks and its flagrant defiance of the citizens of Indiana'polis, said company presents an unbecoming spectacle when assuming the role of a dutiful and obedient progeny seeking financial aid. "Hniin< ial Jugglery” Alleged "This organization does not believe fhc car patrons should stand the brunt jof a situation brought about by the j financial jugglery of the officials of , said company during the past, but j since an increase in fares is certain, i with the understanding that the reve- | nue derived therefrom is to be api plied upon certain definite improve- | titems. and in view" of the unreallabil- | itv of a utility promise as demonstrated in the past, we advocate the j appointment of a receiver for the said Indianapolis Street Railway Company 'in order that the public may have some reliable assurance that said raoAv will be so applied.” “Council Mooting Farce” The resolution on the city council: "Let it l>e known that it is the concensus of opinion of the members >f this organization that the hearing I before the city council. Feb. 25, rela- ; tivo to raise to be granted the Indianapolis Street Railway Company, was a farce: that said meeting was i called for the proclaimed purpose of : allowing the patrons of said company an opportunity for expression, but the council did unfairly allow those to occupy the floor and to speak (always in favor of the raise) who were NOT

patrons of said company and whom, the raise to be granted will not cost one penny: that many patrons were thus unfairly deprived of .opportunity •fi express themselves and the meeting so far as being in favor of any raise of any kind, did not express the sentiment of those who were patrons, but of those who were NOT patrons. "This organization also deplores the cheap tactics of one O'tto Ray. a member of the council, and an alleged candidate for county sheriff, as staged by him # at said meeting, and condemns the .utirude of those public officials wh< too readily forget that hey are l*it servants of the peophr and consequently abuse and override the rights of their constituency." BURNS DECLARES M’LEAN IS AGENT (Continued From Cage 1) opened up the oil scandal, was revealed. Scores of investigators have been digging up every detail of TV alsh s past life and have been prying into the affairs of members of his family. Walsh's friends see in this a plan to discredit him so as to force him to drop the oil investigation or to destroy the weight of his disclosures. Senator Burton K. Wheeler, Mon tank, in whose hands the direction of the Daugherty inquiry has been placed by the investigating committee, today make known the efforts to hush up witnesses in that investigation when lie announced from now every move of the committee would be veiled in deepest secrecy. "We know already efforts have been made to hush up certaTh witnesses.” Wheeler said. "I am fearful efforts will be made to keep them from testifying. Because of this, the committee can not reveal any of the ‘leads’ on which it is working, nor make public the names of witnesses it has subpoenaed.” - STATE FANCIERS MEET Kgg and Poultry Association Opens Sessions at Claypool. The tenth annual convention of the Indiana Egg and Poultry Association opened at the Claypool today. More than 100 members registered . this morning. H. W. Davidson, vice president, pre sided at lunhceon. J. M. Borders of the Government bureau of agricul tural economics, spoke on “United States Standardization of Egg Grades." W. S. Moore of Chicago and W. P>. Loucks, manager of Wad!®:’ & Cos . New York, also spoke. A banquet and dance will be held in the Riley room tonight.

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