Indianapolis Times, Volume 35, Number 253, Indianapolis, Marion County, 5 March 1924 — Page 11

WEDNESDAY, MARCH 5, 1924

RUSH 10 COVER • IS STARTED BY BEAR INTERESTS Retreat of Professionals Becomes Evident in Light Trading, OPENING IS QUIET Price Changes for Most Part Confined to Narrow Range. The WALL STREET JOURNAL NEW TORK. March s.—Stocks opened quietly on the exchange today with American Can and United States Steel heading a display of confidence,, in the industrial list based on the eighteen per cent decline in commercial failures in February which demonstrated that satisfactory business conditions existed in general trade. Westinghouse Electric continued . heavy, reflecting expectation of some ' action regarding an additional stock offering at the meeting of the directorate. First Hour Light volume characterized the first hour s dealings and price changes were confined to a narrow range. But it was evident from the absence of belling pressure that professionals were growing discouraged in attempts 1 to force further recessions. About the 'only activity noticeable was in issue where over-crowded shorts were stepping on one another's toes. Pacific Oil was a case in point, rebounding to 62 against Tuesday's low cf 49%. That an extensive bear account exists in the general list is becoming more and more apparent. Second Hour Wall Street was agreeably surprised at the reception accorded the announcement of the new Westinghouse stock offering. Substantial short lines had been put out in this stock with the thought that an imporant addiion to the amoun outsanding would have a depressing effect. Instead. Westinghouse spurted to 63 against its recent, low of 58%. This constructive angle served to steady the whole list in the late morning at a time when the general unsettlement threatened to development from the weakness of Central Leather issues. Noon Hour At various times throughout noon dealings, bears tried their hand at I forcing individual stocks lower in the "hope of bringing about liquidation in the general list, but their successes were confined to individual transactions and failed in their general purpose. Though the leathers gave ground, the main body of stocks seemed to take no heed of the selling In some quarters. However, very little progress on the advance was 6cored. due to the apathetic disposition of many traders. Fourth Hour Stocks gave increasing indications fcf a -old-out condition in the early afternoon. Following the drive against leather shares bears turned their attention to rubbers and fertilizers. Kelly-Springfield was forced back to the year's lowest price at 21, while i American Agricultural Chemical prefered dropped 5% to 30% and the common more than 2 points to 10%. In the face of these weak spots, the main body of stocks displayed noteworthy serenity. Otis Steel showed 1 continued signs of streng'h. Twenty active industrial stocks on Tues- ; day averaged 97.60. up .40 per cent. Twen- j ty active rails averaged 80.75, up .24 per! cent. Local Bank Gearings Indianapolis bank clearings Wednesday were 53.520.000; bank debits were 58,- i 559.000. Foreign Exchange By United Financial NEW YORK. March s.—Foreisn exchange opened irregular: Sterling, demand. $4.29%: cables. $4.30%. Francs, demand. 4 00c: cable-. 4 06%c. Lire, demand. 4.28%c; cables. 4.29%c. Belgium, demand. 3.53%c: cables. 3.54 c. Marks. 4.500 billions to the i ■ dollar. Czecho, demand 2.89 e: cables. 2.89%c. Swiss, demand. 17.30,-: eahies. I 17.32 e. Guild-rs. demand, 37.27 c: cables. 37.30 c. Pesetas, demand. 12.25 c: cables. : 12.27 c. Sweden, demand. 26.10 c: cables. 26.14 c. Norway, demand. 13.64 c: cables. 13.08 c. Denmark, demand. 15.74 c: cables. 15 78c. OILS REGAIN STRENGTH IN EARLY CURB TRADE Whole List Has More Buoyant Tone— Dubilier Again Scores. By United Financial NEW YORK. March s.—The curb market in the forenoon session today was firm with the strength appearing - throughout the list. For a change the cflls as a rule were up. Dubilier Condenser went ahead to j an other new high record price at 24% and'. Park & Tilford also reached a, new! high level at 29%. Lehigh Power: securities at 42 showed a gain of 1 and Ulniversal Pipe at 106 was up 11%. Thk weak spell continued In the Ward' Bakery issues. Ward A at 60% being off 3%, and over 10 points in two da\ys. Ward B lost Krestge gained a quarter. Lehigh Coal gained a %. while Glen Alden (Coal lost a %. Bordens gained < a %- I In ihe oils. Prairie Oil gained 3%, ; Oil of Ohio 4. and Solar 1%. I Sapuilpa was a feature of the inde- j pendents gaining % point to 2% on woy-d that Mutual Is to take it over. Tank Wagon Prices !i Gasoline prices do not include State tax of( 2c a gallon.) ’GASOLINE —Knerzee 22c a gallon: PuroL 18.2 c: Red Crown 18.2: Diamond gas. lft.2c: Crystal Pep. 21c: Target. 18.2 c: Silver Flash. 22c: Standollnd aviation. 23c. j KEROSENE —Crystaline. 12.7 c a gallon; Moore Light. 15.5 c: Arclite. 12.7 e: Perfection 12.7 c: Solvent. 35c. / NAPTHA—Lion Power Cleaners. 22 6c a gallon: V. M A P„ 23.5 c; Standolind Cleaners. 22.5 c. Raw Sugar Market ■By United Financial \ NEW YORK, March s.—The raw sugar (market opened steady. March. 5.45 @ 15.50 c: September, 5.58@ 6.59 c; December, >■o6 0 5.08 c.

New York Stocks (By Thomson & McKinnon) —March 5

Railroads— 12:45 Prev. High. Low. p. m. close. Atchison 99 . . . 99 98 % B * 0 56% . . 56 % 56% C A 0 72% 72 72 71 % Dela & Hud. .107 104% 106 107 % Erie 24 % 24 % 24% 24% Mo Pac pfd . . 37 Ts 36 % 37 % 36 % N Y Central. 101 100% 101 100% Nor Pacific.. 49% 49% 49% 49% Norfolk & W. 118,% 117 117% 118% Pennsylvania. 43% .. , , 43% 43% Reading .... 55 % ... 56 % 55 % Sou Railway.. 50 48% 49 49% Sou Pacific.. 86% ... 86% 86% St. Paul pfd. 25% 23% 25 24 St. L. A S W 38% 37% 38 37% U Pacific. . . .128% ... 128% 128 Wabash pfd.. 43% 43% 43% 43% Rubbers— Kelly-Spr 22 21 21% 23% U S Rubber. . 33% ... 32% 33% Equipments— Am. Loco mo. 74% ... 74% 74% Baldwin Loo. 122% 121% 122% 122% Gen. Electric.2oß 207 208 209 Lima Locomo 65 •% ... 65 % 65 Westingh 81. 62 % 60 % 62 % 61 % Steels— Bethlehem... 50% ... 50% 56% Crucible ... 04 03 % 64 63 % Gulf States.. 81% ... 81 81% Rep I and S. 56 % ... 56 % 56 L’ S Steel.. 103% 102% 102% 103% Vanadium .. 30% ... 30% 30% Minings— Gt Nor re.. 28% ... 25% 29 Tex G and S6l % ... 61 % 61 % Motors— \ Chand Mot.. 61 60% 61 60% Gen Motors 14% ... 14% 14% Max- Mot A. 52 50% 51% 51 Max Mot B. 14% *l4 14% 14% Studebakcr .101% ... 100% 101% DAMAGE REPORTS ADVANCEWUEAT Speculators Desert Corn Market —Oats Dull, By United Financial CHICAGO, March s.—Grains opened irregular on the Board of Trade today. Wheat started slightly higher, due to reports of further crop damage east of the Mississippi and higher Liverpool. The United Kingdom market was unchanged at the opening but strengthened later with the existence of good miller demand for nearby wheat. May com was unchanged. Speculators held off. awaiting developments that would encourage buying. July was up tg, due to poor prospects for this delivery. September was off %, due to lack of interest. Oats lacked distinction, opening unchanged. Nothing was done in provisions and prices opened unchanged. Chicago Grain Table —March 5 WHEAT— Prev. Opnc. High. Low Close, close. May .112 1.12% in% ill', ill % July .112% 1.12% 111% 1.11% 1.12% Set. .113 113 1.12% 1.12% 1.12% CORN— May .81% .81% .80% .81% .81% July . .82 .82 .81 % .81 % .81 % Sept. . .82% .82% .81% .81% .82% OJ TS May .48% .48% .48% .48% .48% July.. .46% .46% .40 .46% .40% Sept.. 43 .43 .42% 42% .43% L.AI'.D— Mav 11 30 11 30 11.25 11.25 11 30 RTB.-i—----•May 9 77 9 77 RYE— May.. .72 .72% .71% .71% .72 July.. 73% .73% .78% 73% .73% •Nominal. Grain Briefs CHICAGO. March s.—Leading bulls v.ho have deserted the com market ilecl ire their action was made necessary by limited speculation. which is scarcely enough to support prices. Political action in Washington has so affected grain trailing that n<> one seems disposed to enter the market. Out of the forty odd bil’s introduced in Congress, two seek to abolish future trading. Under lhi - condition trading is bound to lie erratic. Unsettled weather Is breaking up roads and curtailing the movement of corn from the farm. This is causing some of the longs to reinstate thetr lines. Trade in oats Tuesday was the dullest in many weeks Tiomestie demand is continuing slow and local stocks are increasing. Country elevators in Illinois are full of com of such quality that it will not keep and must be moved regardless of macket conditions AND AROUND THEY GO Judge Has Hard Time Deriding Who Is Who in Assault Case. Stories of threats and counterthreats were aired before Judge Pro Tern. Vinson Manifold in city court today when Clinton Puckett. Henry and Harmon Sts., was tried on a charge of assault and battery. Roscoe Johnson, 23 E. South St., who swore out the warrant against Puckett, testified it was “all a mistake.” When testimony indicated Johnson had threatened to Puckett arested a prejury warrant was ordered against Johnson. This was dismissed when, in turn, new testimony showed Puckett had threatened Johnson. SAMUEL CUNDIFF DIES Burial of Signal Repairman to Take Place in Fowler. Ind. The body of Samuel P. Cundiff, 34, of 1636 Siiann Ave., who died Tuesday night at the Deaconess Hospital, will be taken Friday to Fowler, Ind., for burial. Mr. Cundiff was born in Somerset, Ry„ and had lived In Indianapolis eleven years. For nine years he was employed as a signal repairman of the Indiana Union Traction Company. He was a member of the West Indianapolis Red Men’s Lodge. Surviving are the widow, three daughters. Misses Pauline. Margaret and Ruby Helen Cundiff. and an uncle, Robert M. Neikirk. all of Indianapolis. WOMAN STRUCK BY CAR Victim Refuses to Give Name or to Accept Assistance. A woman, who refused to give her name, or accept assistance, was knocked down by an automobile driven by Michael Hess, 576 East Dr., Woodruff Place, Tuesday afternoon at Washington and Pennsylvania Sts. Tr;iffic Policeman Tolle said the woman broke through the line of moving automobiles. Infective Hue Causes Fire A defective flue caused SSOO daniored, 1417 Cora St., .remen estimated today. The blaze communicated to the hegne of Ask Johnson, colored, 1415 Cora St., and age. : hey s-vi. WlfcTHrri* 5 * 8 !

Prev. High. Low. 12:45. cioge. Stew Warner 89 88% 89 89 Willy*-Overld 12% ... 12% 12% Coppers— Amcr Smelt. 60% . . . 60% 80% Anaconda .. . 34 % 34 % 34 % 35 Kennccott . . 37 % ... 37 37 Oils— Cal Petrol. . 25 24 % 24 % 24 % Cosden .... 35 % 34% 35% 34% Houston Oil. 70% 70 70% 69% Marland Oil. 37 30 V* 36% 30% Pau-Am Pete 47% ... 47% 47V* Pan-A Pete B 45% ... 45 45 Pacific Oil .. 52 50% 51% 50 Pro and Ref 34 % 34 Vi 34 % 34 Pure Oil . . 24 % ... 24 % 24 % St Oil of Cal 02% 61% 01% 01% St Oil of N J 38% 38% 38% 38% Sinclair ... 22% 21% 21 % 21 % Texas Cos . 43 ... 42 % 43 Industrials— Am Can 115% 114 V 114% 114% Am Woolen .. 74 % 73 % 73 % 75 Cen Leather.. 12 % .... 9% 12 % Cont Can... 50 % . . . . 50 50 Davison Chem 55 % 53% 53 % 53 % Fata Players 08 % 07 % 67 % 67 % Gen Asphalt 40% 4040 40% Mont & Ward 20 % 26% 26% Sears-Roe. . . 89'* . . 89% 90% U S C I Pipe 76 74% 70 76% U S In A1... 75% 74% 75% 74% Utilities— Am T & Tel 129% 129 s , 129% Con. Gas.... 03 62% 63 Shipping— Am Int Cor.. 21% .... 21 % 21% In M M pfd.. 30% 30% 30% Foods—. Am Sugar.. 65% 55% 55 % 55 C C Sf pfd.. 68 67% 68 67% Puuta Alegre 03% I 62% 02% 63% Tobaccos— Tol, P <B).. 03 % 03 63 63 V* ST. PAUL ISSUES PROVE LEADERS IN BOND TRADE Virginia-C'aroline Chemical Bonds Also Work Higher. By Lnitcd Financial NEW YORK, March s.—The outstanding feature in the early bond dealings was a sharp rally in St. Paul’s bonds, following reports that bankers had arranged for financing next year’c maturities. St. Paul 4s, due next year, sold at 78 against Tuesday’s close at T3 7 h- Other Issues of the company were up from 1 to 2 points. The balance of the rails were steady. Tractions were dull Virginia-Carolina Chemical bonds were higher, 7s at 73, up %. and 7't.s with warrants at 3S, up 1%. Industrials were generally higher, Wilson first 6s. 98, up 1%. Produce Markets INDIANAPOLIS March s.—Fresh eggs. Ins* off. 20c: packing stock butler. 20c: springs over 2 lbs . 22e; fowls, 4% lbs up. 23c: fowls under 4% lbs . X9o; Leghorn poultry, 5 per cent discount: cocks. 13c: stags. 10c capons. 8 lbs. up. 28c: young tom turkeys. 12 lbs up. 2 1c: young hen turkeys. 8 lbs up. 24c; old tom turkpys. 18c; ducks. 4 lbs up. IMo: geese, It) lbs. up, 15c; squabs, 11 lbs to the doz , $5.50; old guineas, doz . $4 .50. Indianapolis creameries are paying 52c per lb. for butterfat. CLEVELAND. Manti s.—Buti —Extra in tuba, 50% tis 2 %c: extra first#, 49% @ 51%e: firsts 47 %® 48 j< packing stock. 25 At 30c: standards 49 S 'u .51 %o: prints le extra Eggs—Fresh gathered northern extras, 27c; extra firsts. 20c; Ohio firsts. 24%c; western firsts, 24c. Poultry—Live fat fowls, 27% 28c: springers. 27c Leghorns. 211122 c; old roosters. 10 At 17c: geese. 204121 c heavy white ducks, 29c: light colored. 2<te. medium fowls. 24c: turkeys. 28c: stags, 19c. Potatoes—Unchanged. CHICAGO. March s—Butter—Receipts. 8 64* creamery extra. 4.5 %e: standards. 45% c: firsts. 44®44%0; sf unds. 43 'll 43%c. Eggs—Receipts. 11,890: ordinary firsts. 20% 21c: firsts. 22 %If 23c Cheese — Twins ,21c: young Americas. 23c. Poultry —Receipts. 2 ears, fowls. 24c; ducks. 28c: geese. 18c: turkeys. 22c: springers, 28e; roosters. 17c. Potatoes —Receipts. 207 cars; Wisconsin round whites $1.1541.1.45, Idaho russets. $2.20412.30. NEW YORK. March s—Flour—Firm and quiet. Pork—Steady: mess. $24 25@24 75. Lard—Firmer; Mid West spot. $11.0044 1 I 70 Sugar—Raw easier: refined. 7 do. stf.ady; granulated 800 'a. fie Coffee—. Rio spot. 15 %e; Santos No. 4. 19% <32n%c. Tallow—Quiet; special to extra. 7%@Sc. Hay—Finn: No l $1.45 Hi 1 .50. Dressed poultry—Firm: turkeys. 204i36e: chickens, 21 % 46c: fowls. 17 4132 e; ducks. Long Island 264127 c. Live poultry—Firm; gc<ve. 18f21c; ducks. [email protected]: fowls. 304432 c: turkeys. 20 4$ 35c; roosters, 17c: chickens, 26@35n; broilers. ,29 @ 35c. Cheese—Dull; State whole milk, common to special. 10 <5 20%e: State s-kiin- chons* to --pedals, 15 % 19c: lower grades. o@l4o. Butter— Easier: receipts. 6,198; creamery extras, 48c; special market, 48%4149c State dairy tubs, 43® 47 %e; Danish, 48@48%c; Argentines. 43'*(3 47c. Eggs—Firmer; receipts 22.630: nearby white, fancy. 33 44 86c; hearby State white*. 37@32% o’; western whites. 27@32‘*e: fresh firsts, 24 @ 28c: Pacific coast. 25@33c; nlarny Drowns. 29 @ 33a Indianapolis Stocks —March 5 Bid. Ask. American Central Life 200 . . . Amer Creosotlng Cos pfd 97% ... Advance Rumely Cos com ... Advance Rumely Cos pfd ..... , M Belt R R com 74 .... Belt R R pfd 52% . „ Century Bldg Cos pfd 98 % .... Cities Service Cos com ... Cities Service Cos pfd ... itizens Gas Cos com 29 30% Citizens Gas Cos pfd 101 ... Indiana Hotel com 100 ... Indiana Hotel pfd 100 ... Indiana ' Pipe Line Cos 93 96 Indiana Title Guaranty Cos . . 87 ... Indpis Abattoir pfd 60 Indianapolie Gas 51 64 Indpis & Northwestern pfd .. 34 41 Indpis & Southeastern pfd 46 Indpis St Ry 50 64 Indpis Te] Cos com ... 1 ... Indpis Tel Cos pfd ........ 90 ... Mer Pub Util Cos pfd 82 92 National Motor Car Cos ...... . Public Sav Ins Cos ......... 12 .... Rauh Fertilizer pfd ......... 49 ... St Oil Cos of Ind ........... 0% ... T H. I & E com 10 13% T H. I & E pfd 2 6 T H Tr and Lt Cos pfd 10 20 Un Trac of Ind com 6 I Un Trac of Ind Ist pfd _. 25 Un Trac of Ind 2d pfd 8 Van Camp Prod Ist pfd 100 Van Camp Prod 2d pfd 100 Vandalia Coal Cos com 8 6 Vandalia Coal Cos pfd 7 11 Wabash Ry Cos com ...... 13% ... Wabash Ry Cos pfd 48 ... Bonds Belt R R * S Y 4s. May. 1939 SO Broad Ripple ss, July. 1923. .50 ... On Ind Gas ss. Sept... 1931. ... ... Cen Ind P Cos 6s. July. 1947 ... ... Citizens Gas ss. July. 1942.. 87 87% Citizens Gas 7s serial.. ..101 102% Citizens St Ry se, May, 1933 78% 80 Ind Coke & G 6s. April. 1946 90% 93 Ind Hotel ss. July. 1931.... 93% „.. lud Hotel Cos 2d os, drawable 99 % ... Ind North os, Oct.. 1933 ... Ind Ry & Light ss. Jan.. 1943 90 95 Ind Serv Cor ss. Jan.. 1950. . . ... Ind Union Trac se. July, 1933 . . ... Idpls Abat Cos 7%5, Sept.. '3l 99 102 Indpis, Col &So 6s, Feb., 1948 96% 100 Indpis Gas ss. Oct.. 1952. . 85 87 Indpis L & H ss. April, 1940 95% 96 Indpis 4c Mart ss. Jan., 1932 . - 02 Indpis No ss. July. 1932.... 44 48 Indpis & No os. March, 1923 43 48 Indpis & S E ss. Jan.. 1935. . . . 35 Indpis. S & S E ss. Jan.. '32 . . 45 Indpis St Ry 4s. Jan., 1933 .01 62% Indpis TANARUS& T se. Jan.. 1P33. 86 89 Idpls Union Ry ss, Jan., 1965 94% ... Idpls Union Ry 4Vis, May, 26 95 Indpis Wa 5%g, March, 1953 96 98% Indpis Wa 4%5. Jan.. 1940.. 89 90 In Pub Serv 6s. April. 1943 89% 92% Tr H Idps & E os. Apr 45 02 63 T H Trac & L ss. May, 1944 82 Union Trac of Ind 6s. July, .32 59 64 In the Cotton Market By l nited Financial NEW YORK. March s.—The cotton market opened higher: May, 28.75 e. up 32 points: July. 28.15 c. up 28 points: September. 26.00 c. up 20 points: October. 25.30 c, u$ XP points Dressed Beef Prices Wholesale selling prices on dressed beef. Swift & Cos.: Ribs—No. 2,30 c; No. 1. 17c. I joins—No. 2,25 c: No. 3,18 c. Rounds—--No. 2. 20c, No. 3.15 c. Chucks —No. 2, 3. 10c. Plates— M#. |. oe. No.

THE INDJLAJS AEOLISS TIMES

SWINE CONTINUE PRICE ADVANCE Top of $7,85 Paid for About; One-Third Receipts. flog Prices Day by Day Feb. 250-300 lbs. 200-225 lbs. 150-180 lbs. 28. 7.25 7.25 7.25 29. 7.50 @ 7.55 7.50 @ 7.55 7.50 @ 7.55 M arch 1 7.60 7.50® 7.77 7.55® 7.60! 3. 7.60 7.00 7.00 4 7.70 7.70 7.70 6. 7.80® 7.85 7.80® 7.85 7.80® 7.85; Hog prices continued their steady climb toward the $8 mark in trading at the local livestock market today when another rather sharp advance was scored as the result of continued light offerings and good demand from the shipping trade. The inctease in values amounted to 10 to 15 cents, with the bulk of sales a dime higher than on Tuesday. All weights and classes sold at $7.80 and $7.85, but the number to bring the top figure consisted of one string of 1.400 head and a few odd loads of fancies. The j largest local buyer paid no more than $7.80 for his supplies, while most of the shippers also bought at that figure. About 5,500 fresh hogs arrived for market, which, added to the carryover of 578, accounted for 6,000 on sale. Sows and pigs were strong, but the price range was not greatly changed with strong weight pigs sell- ‘ ing down from $7 and smooth sows j down from $6.50, though fancy lots of; both classes sold slightly higher on their merits. Keen competition level- i oped between shippers and local killers and practically every hog had changed hands within the first half hour of trading. Due to a combination of light re eeipts and good demand, juices for cattle again were considered a little stronger. Only three or four loads of quality stock were in the pens and competition for these lots was strong, with the result that better prices were paid. About 700 head arrived for market. OaJf prices scored another half dollar loss, due to a slack nnfl eastern demand, accompanied by declines at other marketing centers, and only choice veals could command the top of $12.50. while the bulk sold from $11.50 to *l2 Prices for lambs declined a half dollar in the face of light receipts, hut • sheep held firm at $9 down. Native fed lambs sold at sls down and west-ern-fed lambs at $15.50 down. Re eeipts, 75. —Hnti — Cbol"e lights $ 7 80® 7 85 I.irht mixed 7.80® 7.85 Medium mixed 7 SOW 7 85 Heavyweights 7 so® 7 85 Top 785 Bulk of sales ... 780 Packing sows 3 Oo@ 0.50 —Cattle— Prime eom-fed steers. 1.000 to 1.800 lbs 9.00 @lO 00 Good to choice steers. 1.000 to 1,100 lbs 8 50® 9.00 Good to choice steers. 1.000 to 1.200 lbs 7.00® 7 50 Good to choice steers. 1.000 to 1,700 lbs 0 05® 7 50 Common to medium steers, 800 to 1.000 lbs 6 00® 7.00 —Cows and flrifrr*— Good to light heifers $ OOO® 9 50 Good heavyweight 7 3."'i Bdo Medium heifers 0 00® 7 00 Common oows 3.00@ 000 Fair rows 0 00® 7.25 Cutters 2 76@ •I- 25 , Ciuiners 2.25® 3.75, —Bull*Fancy butcher bull* ... $ 5.00® 600 Good to choice butcher hulls. 5 00® f* 50 Bologna bulls 4.25® 4.75 —Calve*— Choice reals ....sl7 00@17 50 Good veals 10 00 fit 12.00 Lightweight veals 7 on® 9.00 I Common veals 0 00® Sno Common heavies 5 on® 7.00 Top 12.50 —Sheep and Lambs— Extra chon'** lambs $1 7 00® 15 50 1 Hcavv lambs 10 00® 17 00' Call lambs o.oo® 9.00; Good to choice ewes 5,00® 9.00 j Culls 3.00@ 5.00 Other Livestock CHICAGO, March s.—Cattl 9 000 market, b<*ef steers unevenly higher, largely strong to 25c up;: practically all grades showing advances! . top matured steers sl2 bulk early. $8.35 @10.30; ship ping demand broad on weighty bullocks; ; Stockers and feeders 10® 15c t:p. others slow, steady: light vealers tending lower. Sheep—Receipts 10 000: market very slow, few early sales killing lambs sternly to weak: mostly unevenly lower sheep and feeding lambs steady few early sales good and choice wooled lambs. $15.75® 10; odd lots common and medium, early. sl4: odd lots good to choice fat. $9.74® 10: choice shearing lambs, early, $15.50, Hogs—Receipts. 29 000: market, fairly active, mostly steady: top. $7.50: bulk, $7.150.7.45; heavyweight. $7 30 @7.50: medium weight. [email protected].>: lightweight s7® 740 light lights so® 730; packing bows, smooth. $6 [email protected]; packing sows, rough. $0 2044 0 40; slaughter pigs. $0.25. KANSAS CITY. March s.—Cattl ceipts. 5,000: calves. 1.000: desirable beef steers steady to weak: handyweight steers and yearlings, $10.25: bulk fed steers, sß® 9.00; better grado she stock and butcher heifers, steady to strong; plain gTnde cows dull: owners steady: bulls steady: calves slow: early top veals. $9; Stockers and feeders slow Hogs—Receipts. 1.000; slow: lew 190 to 230-pound averages to shippers. $7 @ 7.20; steady to weak: part load weighty butchers to packers, $7.30; most packers 10c lower; packing sows mostly [email protected]. Sheep—Receipts. 3.000; very slow: few sales lambs 10c to 15c lower; 94-pound kind, $15.25. EAST BUFFALO, March s.—Cattle—Receipts. 200; market, slow and steady; ship ping steers. s9@lo 50: butcher grades. sß® 9 25: cows. $2 @6.50. Calves—Receipts, 250: market, slow to 50c lower: culls to choice. $6.50® 13.50. Sheep and lambs— Receipts, 800: market slow, lambs 50c lower. shipping steady: choice lambs. slo® 10.25: culls to choice. $9®'15.60; yearlings, $9.50® 14.50 sheep. $3.50® 11. Hogs— Receipts. 0.400: market, active, steady to 10c higher: Yorkers. s7®B; pigs, $0.50® 7: mixed, $8; heavies. $8; roughs, s6® 6.50: slags. $3.50®4.50. PITTSBURGH, March s.—Cattle—receipts. light: market steady: choice. $9.65® 10; good, [email protected]; fair. $6®7.70; veal calves. $1.3@14. Sheep and lambs—Receipt*, light: market, steady; prime wethers, $10.50® 11; good, slo® 10.50; fair mixed, sß@9; lambs, $12.50© 16.65. Hogs—Receipts, 10 double deckers: market, higher: prime heavy. $7 75 ® 7.80: mediums. $8.05 @8.10: heavy Yorkers. [email protected]: light Yorkers, $7 @7.25; pigs, $0.50 @6.90: rough, [email protected]; stags. $3.25@3,75. EAST ST. LOUIS. March s.—Cattle—Receipts, 2.500; market beef steers steady to strong; native beef steers, $7.65 @7.86; yearlings and heifers, $7.85; cows, $4.50 @ 5.75; canners and cutters, $2.50 @3.25: calves, $10.25; stoekers and feeders. $5.50 @6.50. Hogs—Receipts, 18,000; market 5c i 10c lower; heavies. [email protected]; mediums, $7.30 @7.4 5: lights. [email protected]: light lights, $5.76 @7.35; packing sows so@ 6.60; pigs. $5 @0.50; bulk. [email protected]. Sheep—Receipts, 1,000: market steady; ewes, s6.s(>@ 10.05: canners and cutters, [email protected]; wool lambs. $13.75@10. CLEVELAND, March 6.—Hogs—Receipts, 600: market steady: yorlters. $7.85; mixed. $7.85: medium. $7.85: pigs, $6.50: roughs, $6; stags. $4.60. Cattle—Receipts, 200; market steady and unchanged. Sheep and lambs—Receipts. 600; market steady; top. $lO. Calves—Receipts, 200; market slow; top. sl3. Local Wagon Wheat Indianapollß mills and elevators are paving sl.ss for No. 2 red wheat; other grains on their merits. Cloverseed Market Local dealers are paying slo@l2 a bushel for clover seed.

Marriage Licenses E. W. Spitznagel, 27, 2250 S. Pennsylvania: Marie Hilgemeier. 22, 3559 S. Meridian . C. N. Grisso, 27, Y. M. C. A.; Mary Carter. 27, 523 S. Noble. / Joseph Roy. 31. 404 N. 'Vest: Verba Watkins. 29. 768 W. Twenty-Fifth. F E. Wyman, 31, 302 N. Delaware: Jen nie Collins. 27. .302 N. Delaware J. W. Smith, 54. Har rods burg, Ky.: Dellia Tiehenor. 53. 2410 N. Sherman Dr. H. O. Tuttia 20. 2605 N Sherman Dr.; Sadie Smith. 20, 2827 N. Gale. Births Girls Geon and Lillian Reed, 235 Detroit. Howard and Bertha De Golyer, Twelfth and Arlington. Ford and Ruth 'Tracey. Methodist Hospital. Joseph and Ema Johnston, 6.39 N. Tacoma. Leroy and Sylva Hatley. 437 N. Lynn. Theodore and Stella Draper, 1649% Southeastern. Austin and Bessie Elmore, 1022 N. Warman. Harry and Elizabeth Worrhaye. 910 lowa. William and Nellie Waters, 1.359 Edgemont. Wilbur and Elva Ashley. 1137 College. Edgar and Margaret Sellmeyer. 19 N Richland. Finch and Viola Sharpe, 1158 N. Sheffield. James and Lottie Broadstreet, city hospital. Norman and Hazel Lipscomb, 1949 Central. Boys Richard and Orpha Goss. 419 N. Delaware. Laurence and Florence Triggs, Deaconess Hospital. Jack and Nola Harston, 704 Fletcher. Joseph and Theo Wagner. 2439 Kenwood. Leroy and Floy Davis, 214 S. Detroit. Elmer and Helen Cooper, 1.318 Fremont. Stem and Mary Shumaker. 7.32 Ketcham. James and Lara Tandy. 003 W. Pearl. Edward and Della Cornelius. 1147 S. Ewing William and Nasie Wilson. 550 N. Belle Vieu PI. James and Margaret Piper, 860 Udell. Almizo and Henrietta Brooks. 729 9. Drextl. He rry mid Bessie Huggins. 3.36 W. Twen-ty-Ninth. Alvin and Linnea Hiller, 2330 9. Pennsylvania. El nest and Fernando Watson, city henpi tal. Samuel and Vera Howard, city hospital. Deaths Mary Lenaghan, 62. 429 N. Arsenal, pernicious anemia. Helen Carolyn Mosiman, 2. 315 Garfield, cercbro spinal meningitis. Robert Allen Marshall. 2 months, 874 W. Twenty-Ninth, broncho pneumonia. Cada D. Karp, 46, Central Indiana Hospital. general pan-sis. Ida L. Scott. 7 months, 8.31 Church, meningitis, Carl H. Metzger. 80. 1418 Olive, arteriosclemsis. Joseph Sigmund, 51. 622 Somerset, broncho pneumonia. Theodore F. Linstaedt. 09. 2.30 Kansas, pu'monary tuberculosis. ..intis Beerman. 80. 1006 S. Alabama, carcinoma. Otis B. Sanders 26. 2000 Highland PI., tubercular peritonitis. Wayne Hunter. 39. city hospital, fractured skull, accidental. Willamette* Powell. 01, St. Vincents Hospital. fracture of hip. Cora Parker. 54. Methodist Hospital, acute dilatation of heart John Rogers Mullen. 7), 341 W TwentyEighth acute dilatation of heart. DortVia K. Hightshue. 18, Methodist Hospital. uremia. Frames E. Beasley. 64 . 3.355 W. Michigan. carinnoma. GIL PROBERS TRAIL CHECK FOR 510,1 (Continued From Page 1) further details of the Florida visit of C. Baseom Slemp. secretary to President Coolidge. 3. Frequently mentioned the name "Willis,” but not in such a way his identity may be definitely established from the messages alone. 4. Mentioned the name of a man from a certain State in such a way to arouse suspicions of some of the committee members that the designated may he a Senator. John Major, seif-described “confidential agent” of the Washington publisher, was recalled to the stand to explain a hypothetical question he put to McLean in one of the Palm Reach telegrams about the check. Relates to Inquiry Senator T. J. Walsh, investigation prosecutor, is certain this SIO,OOO slip of paper relates to the inquiry because-! it was referred to in a telegram which Department of Justice code was used. Senator North Dakota, presided over the session in the absence of Chairman Lenroot who left last night for a week's vacation at Southern Pines. N. C. Simultaneously Walsh Is expected to reveal further details of effort to discredit his woik in unearthing the oil scandal. He may make a speech on the floor, mentioning names of those he has been informed are working to find "something on him” to force him to drop his Investigation. Thomas P. Dowd, superintendent of the Washington Postal, gave the committee about thirty additional telegrams Just before the executive session. Submitted on Subjtoena They were submitted in answer to a subpoena which called for messages to or from any of the principals in the investigation, including former Secretary of Interior Fall, Harry F. Sinclair, E. L. Doheny, E. B. McLean or any of his many agents or J. W. Zevely. In addition to the Postal and Western Union messages handled through the Washington office, Dowd and H. F. Tass, manager of the local Western Union office, submitted sealed envelopes containing records of messages handled by their Palm Beach offices. Tass and Dowd estimated that there were about 300 telegrams in all. It was considered probable it would take the committee several hours to sort the messages and decide which relato to the inquiry. The messages cover a period from Dec. 1 to Feb. 29 during which time McLean, his agents and Fall, Walsh and C. Baseom Slemp, secretary to President Coolidge, were In Palm Beach. STATE EDUCATORS MEET Hendricks County Plan of Music Supervision Believed. Benjamin J. Burris, superintendent of public instruction, Leonard B. Job, assistant; Miss Maude M. Wells, deputy; Miss Marjorie Ford, clerk, and Leo E. Swails, Marion County school superintendent, were guests today of George H. Reitzer, school superintendent of Hendricks County at Plainfield. The Hendricks County plan of music supervision was reviewed. A luncheon was held at Danville. Fifteen superintendents of adjoining counties also were entertained. Manual Seniors Elect June seniors of Manual High School today re-elected Thomas Neal, 3906 Graceland Ave., treasurer. Vernon Christee was elected will maker and Donald O. Kelly historian. Each member was assessed $1 for a class present to the school. ... .

HOW INDIANAPOLIS lAX PAYMENTS GROW IS SHOWN State Gets Generous Portion of Public Money Collected in City. Not**—This is one of a series of articles on Indiana taxes and tax problems. By FELIX F. BRUNER Where does my tax money go? Every taxpayer has asked himself and his neighbor this question, but the answer seldom goes beyond the fact that tax money is used for the support of various governmental units. The money of Indianapolis taxpayers is divided into numerous funds. Not a little of it goes to the State. For instance, Indianapolis taxpayers this year will pay $212,836.27 into the State general fund. This is the fund which at the present ’ time is continually “going broke.” The fund can be described eis the one from which expenses of the State for which no other fund is provided are paid. One of the large items is upkeep and salaries of many Statehouse offices. City’s Burden Grows In 1919 Indianapolis paid $136,127.95 into this fund. The following year the city paid $143,862.01, but the taxes levied in 1920 and payable in 1921 were cut to such an extent the city paid only $86,415.6-1, and the following year paid $87,020,83. The following year the total jumped to $146,014.34 and the not this year’s figure. Benevolent and penal institution expenses now cut more figure in the State than any other single item. While the jienal institutions, including the State prison, the reformatory and the State farm, are partially selfsupporting, the cost of maintaining insane hospitals and similar institutions is large and growing larger every year. This item increased more during the last six years than any other item of State expense. Growing Year by Year In 1919 Indianapolis paid $276,592.38 into this fund. In 1920 jt paid $231,469. The following year it jumped to $358,912, and in 1922 dropped back to $355,690.98. Last year the city paid $479,621.38. This year the receipts from Indianapoiis alone will make an enormous jump to $741,541.13. An interesting feature is the drop in benevolent fund collections from 1919 to 1920. These were the years when the State went from a partial valuation system to the 100 per cent valuation system. The tax board attempted to set the benevolent fund rate for taxes collected in 1920 so it would *aisa exactly the same amount as raised under the old valuation. But in Indianapolis, less was raised. Tax experts say this was because the old valuation in Indianapolis was higher proportionately than the average for the rest of the State. The next articles will tell of additional contributions cf Indianapolis to State expenditures. Far and Near From Senator Heflin, Alabama, Tuesday charged Harry Sinclair was so close to members of the Cabinet he handled race track bets for them. Five convicts held responsible for deaths of John T. Coax and John A. Pieper, penitentiary guards killed during a riot, were indicted for murder by a Pennsylvania grand jury today. The condition of King George of England, who has been suffering from a cold, is still improving. Foreign owners of property seized during the war are receiving regular income from their property and more than 5,000 have had their holdings returned to them. Alexander Krasnostchvok, one of the directors of the Moscow Industrial bank and a former Chicago lawyer, went on trial at Moscow today for alleged misuse of the bank's funds. United States Internal Revenue Collector Dean at Cincinnati, Is offering 135 gallons of brandy, twenty years old, for sale at 25 cents per gallon, plus $2.20 per gallon taxes. Nineteen men and three women were condemned to die in Moscow today for alleged participation in the Jewish massacres at Minsk in 1919. S. Glenn Young, Klan dry raider, supposedly disarmed by revocation of sheriff's commission, appeared in Chi cago federal building Tuesday with four guns strapped to his belt. He was disarmed.

6% First Mortgage Real Estate Certificates Series E | Dated Sept. 1, 1923 Due Sept. 1, 1928 Interest Payable SemlAmaually The Fletcßw American National Bank, Trustee 1 Price, Par and Interest Yielding 6% Circular on Request Fletcher American Company Second Floor Flctclicr Ain erics.n Bank Bids., Indianapolis. Private wire to principal markets Chicago Detroit Louisville South Bend

POULTRY MEN IN SESSION Speakers Oritieise Speculation on Part of Dealers. Loss in merchandising eggs and poultry is due to speculating, according to opinions expressed by members of the Indiana Egg and Poultry Association meeting at the Claypool today. An agreement was reached whereby a program of business ethics will be instituted to wipe out speculation and to merchandise produce on an economic basis, resulting in profit for all dealers. Prof. G. I. Christie, Purdue agricultural experiment station, made a plea for better eggs as a means to greater sales. Officers were to be elected late today. SPECIAL SERVICES MARK OPENING OF PENANCE SEASON Rector Sees Lenten Period as Chance to ‘See Better,’ “There is a remedy for the evil in this world and there is One ready to help if the world will come for help,” Dr. James D. Stanley, rector of Christ Episcopal Church, said in his first Lenten noonday service at the church. “You have only to look about you to see conditions,” he said. The world may not be in a worse condition, but God knows that it is in a bad condition. We know that there Is a decadence in world morals.” He said that he saw In this Lenten season an opportunity to "see better and to realize spiritual tilings better than before.” He said the world needs religion. Many Protestant churches will observe the season with services of prayer and special sermons. Ash Wednesday was observed by masses in all Catholic churches. Weekly services will begin tonight St. Catherine’s Catholic Church, with the Rev. Albert Deery speaking on “God or Mammon?” Dr. Stanley opened the season with a communion service this morning. He also preaches at 8 p. m. today. Other Episcopal and Catholic churches have similar services. Duriny holy week the Church Federation of Indlanajxilis will, as usual, have noonday services at B. F. Keith's Theat<V. BOARD AGREES TO PAYMENT DELAY Inheritance Taxes Not Needed Now for Highways, State highway commission will not ask the finance board to pay to the road fund $650,303 of Inheritance tax collections until late in October, Earl Crawford, commissioner, said today. The money Is due the highway department under the Supreme Court decision declaring the automobile license tax invalid. Inheritance taxes, under the invalid law, would have gone to the general fund. John D. Williams, highway commission director, asked that a certificate of indebtedness be granted to the commission on the inheritance taxes. Payment will not be asked until the later date because the general fund already is $3,750,000 in debt and the highway department will not need the money to pay road contractors until work is finished. TERRE HAUTE RATES UP An increase in Terre Haute Water Company meter rate was granted today by the public service commission, adding $16,000 a year to the company's revenue. The company asked for a $2,272,183 valuation. It was valued at $2,500,000. The issue of $2,000,000 In bonds and $1,000,000 in preferred stock was authorized.

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JAMES GOODRICH TAKES LIMELIGHT ON G. 0. P. STAGE Reported Ambitions and Activities Puzzle Indiana Leaders, A new fight for control of the Republican party organization in Indiana was absorbing the attention of party leaders and workers today. They were asking one another, “Where does James P. Goodrich stand” Nobody could be found who could he found who had an answer. It was agreed that Goodrich and his friends are engaged in a movement to wrest from Senator James E. Watson his position as commander of the party, assumed after the flare-up which resulted in the resignation of Lawrence Lyons as State chairman and the appointment of Clyde A. Walb to succeed him. Ambitions l Mentioned One story has it that Goodrich would like to obtain the Republican nomination for Vice President, or, failing in that, to be the next Republican candidate for Senator. That a fight is being made on Walb and other organization officials and that it is centering at this time particularly in the Sixth District, wps agreed. An effort is being made to unseat George Elliott, Newcastle, Sixth District chairman. William Boesart, a S:xth District Republican leader, is prominent in this fight. The new State committee will be elected after the primary, May 6. Walb has been particularly friendly to the candidacy of President Coolidge. At the same time, it has been pointed out. Goodrich has made frequent visits to the White House. This Is one of the things that has party workers wondering. Not in Politics Frjends of Hiram Johnson said today that Goodrich has decided Coolidge cannot be nominated. In the Governorship race there also is a mystery. There have been frequent reports that Goodrich Is for Mayor Shank. Another story has lt that he Is for Edward C. Toner of Anderson. To questioners, Goodrich has declared he Is not taking any part in politics. CHILDREN’S FARM AIM HOSPITAL Riley Memorial Association Considers Colony, Plans for establishing a farm colony where undernourished children might be restored to health, were discussed today by the executive committee of ’he Riley Memorial Association at the University Club. It Is the plan of the committee to establish the colony within twenty miles of Indianapolis on a tract of nhout fifteen acres. It would be operated in eonjunctlon with the James Whitcomb Riley Hospital for Children. The ideas, suggested by Dr. Samuel E. Smith, medical provost of Indiana University, met with immediate approval. It is planned to make the colony self-sustaining and in operation the entire year. A gift of the ground is hoped for. COUNTY OFFICIALS MEET Treasurers Discuss Problems of Administrating Offices. Problems of administration were discussed by Indiana county treasurers at the Chamber of Commerce today. Advis’bility of forming a permanent organization was considered. Sentiment in favor of a four-year instead of ent in favor of a four-year instead of a two-year term of office was manifest. Eben H. Wolcott State bank com missioner, spoke on "Taxation” this afternoon.

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Newton Todd