Indianapolis Times, Volume 35, Number 255, Indianapolis, Marion County, 7 March 1924 — Page 17
FIND AY. MARCH 7. irrz*
VARIOUS GROUPS CONTINUE THEIR SPIRITED RALLY New Highs Touched on Current Movement Spur Whole List. !> • WALL STREET JOURNAL NEW YORK. March 7. —rrices wre stimulated in the early dealings in the .stock market today by the further improvement in the ratio of he Federal Reserve Bank of New York and industrial stocks continued •he spirited recovery which characterized the greater part of the previous session. New highs on the current rebound were reached by several representative issues and the w hole market had an atmosphere of confidence, heightened by the move in both the House and Senate to hasten action before March 15 on a L‘ p°r cent reduction in 1923 taxes. First Hour Trading was relatively quiet at the end of the first hour and no further progress was made on the upside of the main body of stocks, but the spec illative leaders held within fractional distance of their best prices on the movement, absorbing profit-taking and short selling in handy style. Despite confusion by a maze of conflicting ru mors, there is no doubt that leading operators have switched to the bull side of the market if only In a negative fashion. Too much difficulty was experienced in forcing price recessions u w arrant aggressive bear operations. Second Hour Trading in the late morning gave further proof that stocks went up easier than they could be forced down. Industrial leaders again advanced to around the best levels of the present r-itly ar.d pronounced strength was exhibited by numerous specialties. Associated Dry Goods reached the highest levels (v-'r attained at 9S\ and Woolworth at 315. A contrary movement took place in Arnold-Constable, which dropped to a record low at 83*. The . company will not show any balance for the common for 1923, owing to the heavy advertising outlay and ex penses incidental to re-vamping its stores under new management. Noon Hour Delaware & Hudson, which was depressed 4 points in bearish drives earlier in the week, recovered all of its lost ground during noon dealings, rebounding to 108: Delaware. Lacka wanna & Western sold at 1161-2, anew high on th> movement, while many from the industrial and specialty ~ great p joined with the carriers in the resumption of the primary forward movement. Gains of the morning were extended in many instances, while new advances were scored by other Issues attracted by the general uprush. Fourth Hour Further impetus was given to the recovery in the general list in the early afternoon by buying for the account of Interests recently bearishiy Inclined. This activity was particularly noticeable in General Electric, which reached anew high at 212 Va and in Chesapeake & Ohio, which sold at 7314, compared with a recent low of 67%. The high priced rails were es peclally strong under the leadership of Norfolk & Western which was in demand and around the year's best levels. Investment authorities are predicting a further 2 Opoint move In the event the lease of this road to Pennsylvania is consummated. Twenty active industrial stocks on Thursday averaged 98.45. up .90 per cent. Twenty active rails averaged 81.21, up .31 per cent. Local Bank Clearings tndtanapolri bank .-icarit>cs Friday were $2897.000: bank debits were $5,412,000. New York Money Market ft 4i l ,4ited Financial SEW YORK. March 7—Time money dull; rates i\ per rent for sixty to ninety days. Commercial paper, prime names. 4 % in 1 rceet; others. 5. Produce Markets INDIANAPOLIS. March 7—Fresh egjs !o- off. 22c: packing stock butter. 20c, spnnzs over 2 lbs.. 22e: fowls, 4 % lb*, up. 23c: fowls under 4% lbs. 19c: Leghorn poultry, 5 per rent discount: cocks 13c: 'tars. 16c; capons 8 lbs. up. 28c youns tom turkeys. 12 lbs. up. 24c. younj hen Turkeys. 8 lbs. up. 24.-: old trm tuikeys 18c: duck" 4 lb# up. 18c: eccse. it) ib up. 15c; squabs. 11 Tbs. to the do*.. $5.50; oid guineas doz . $4 50. Indianapolis -reamenrt are paying 52c per lb. for butterfat. CHICAGO. March 7—Butter—Receipt* 9 494: creamery extra, 46 %c; standards -t ; firsts. 4.' H 45 Sc; seconds. *4 '<( 4414 c Ks?9 —Receipts. 16.289: ordinary first*. 21<u 22c: firsts 23 % '-t .’4c. Cheese —Twins. 21c: youns Americas. 23 >4 c. Coultrv—Receipt*. I car fowls. 2:1 '4 c: die ,*. 28c: zeese. 18c: turkeys. 22c sprin*28c; roosters. 17c. Potatoes—Receipts. 178 cars: Wisconsin round whites. $1.20*1 1 55- Minnesota and North Dakota Red Riser Ohio*. $1 [email protected]: Idaho russets 52 35. - CLEVELAND March 7.—Butter—Extra tubs 50@52c: extra firsts. 4fl@slc: firsts. 47 Q 4 So packing stock. 25 @ 30c standards. 4P*sle: print* lc extra. Ergs -.[■resh tnl lie red northern extras. 27c: extra firsts 26c: Ohio firsts. 25@26>: western firsts. 24 He. Poultry—Live fat fowls, 27 Q3oc; sprinters. 2829 c; lefhnms. 22c: roosters. 16® 17c; geese. 21® 22c; heavy white ducks. 29c light colored ducks 25c; medium. unchanged; turkeys. 28c. Potatoes—Michigan round whit”. *2 @2.25: Ohio $1 15 per bushel: Minnesota white. $1.30® 150: New York. 52.50® 2 65. in 150-lb. bags. NEW YORK. March 7.—Flour—Dull and changed. Pork—Quiey mess. $24,250 24.75 Lard—Firm; raid west sikji. Bli.nO ml 1.70. Sugar—Raw dull. 7.16 c: refined P ,uly granulated. 8 6O*s9 00e. Coffee - Rio epnt. 15%e: Santos No. 4. 19 \ @2o%c. ’’allow—Quiet: special to extra. 7 % @ 7?* e. Hay—Firm: No. 1. 51.50. No. 3. 51.25® 1.30 Dressed poultry—Steady: turkeys, 20 SJ 16c: (iuckens. 21@48o: fowls. 17® 32c: .■asons. 28ft45e. ducks. Long Island. 25® 27c: ducks. 20®28c. Live poultry—Easy: geree. 18® 21c: ducks. 15® 36c; fowls. 28® 29c; turkeys. 20®35c; roosters. 12c: chickens. 28® 35c: broilers. 45®650: capons. 25 <8 35<8.. Cheese—Steady; State whole milk, .emmon to special, 10@26%c; Stale skims. 15® 19c: lower grades. s®l*c. Butter— Steady: receipts. 7.493: creamery extras. 47w®47\c: special market. 48®48Ne: dairy, tubs. 42 ®470: Danish. 47 Vi® 18c; Argentine. 43 ®46% c. Eggs—lrregu--r and unsettled; rereipts. 27.690: nearby - hits fancy. 34®36c: nearby Slate whites. '*Tgt 33 I4 c; western white*. 27 ®33% o: fresh firsts 241®28e: Pacific coast. 25% <5 33c: nearby browns. 29® 33c. Local Wagon Wheat Indianapolis mills and elevators are pay•eg $1 05 for No. 3 red wheat; other grains ti their merits.
New York Stocks (By Thomson A McKinnonl —March 7
Railroads— At 12 :45 Prer. High Low. p m. close. B 4 0 56% 56 5. 65% C 4 O . . 72% ... 72 % 12% C R 4 P 23% • 23 H 2.7% Erie 25' 25 26% 23 N Lehigh VaJ 69’. 69 V* 6® % N Y. Central 101 % 101 % 101% Nor Pacific. 521* • ■ 52 51% Nor 4 West 1171, 116% 116% 110% Pennsylvania. 43% .... 43% 43% Reading ... 55% ... 56% 65% So. Railway. 49% 48% 49% 63 Bn. Pacific. 87% .... 87 87% 9t. Paul pfd. 26% .... 25 % 25% St L 4 9 W. .38 38 38 Union Pao . 129 129 128% Wabash pfd. 44% 43% 44 44 Rubbers— Kelly ?pg 22 % 22 22 % U. S. Rubber 34 .... 34 33% Equipments— Am Steel Fd 38% ... 38% 38% Raid Loco.. 123% 123 123% 123% Lima Loco. 85% .... 65% 66 Pullman .119% .... 119% 119% West Airb 94% 94% 93% West Elec... 62% 62% 62% 02% Steels— Bethlehem.. .57% .56 % 57 67% Crucible . . 63% 63'.. 63% 64% Gulf States. 82% 82 82’. 83 Rep l ami S. 57 ... 50% 57% u S Steel ..104 1 08% 103% 104 Motor*— Chand Mot.. 62 61% 61% 61% Gen Motors. 16% ... 15% 16% Max Mot A. 52% ... 52% 53 Max Mot B 14% ... 14% 14% Studebaker .102% 101% 102% 102% Stew Warner 91 89% 91 90 Titnken .. 39% 39 39% 38% Willys-Overld 12% 12% 12% 12% Oils— Cal Petrol.. 25 "4 % V 26 25 Cosden 35% 35% 35 T A 35% Houston Oil .71 ... 71 72% Marland Otl. . 37% 87% 37% 37%
MERCURY’S DROP BOON 10 WHEAT Continued Selling, However, Weakens Corn Prices. By Puffed Fiitani'ial CHICAGO. March 7—lrregularity again featured opening on the Board of Trade today. Fears of crop damage due to Thurs day's sudden drop In temperature over the central and southwest, firmer Liverpool and overnight developments favorable to bulls brought buying in wheat and a higher opening Liverpool reported a fair trad* passing in Manitobas and Argentine for deferred delivery. President Coolidge Is expected to announce an increase in tariff. Selling out of longs by a leading corn handler created weakness In May corn at the outset. July was unchanged. due to lack of speculative interest. September advanced quar ter on reports of a shortage of grain for delivery on this contract. Although large cash houses continued to liquidate, oats remained unchanged at the opening. Provisions started irregular. Lard was higher on account of mcwlerate demand and ribs lower. Chicago Grain Table —March 7 WHEAT— Tv. Open High Low. Close clo-e W„ T 11% 1.11 % 1.10% 1 11 % 1 11 % July .1.12% 1.12% 1.11 111% 1.11% Sept .112% 1.12% 1.11% Hi 112% May 3 . .80 % 81 .80% .80% .81 Ju'v 81 % 81 % 81 81 % -81 % Sept. . 81% 81% 81% 81% .81% May. 47% 47% 47% .47% 4.-J July . 45% 46 4a % 404 o % Sept . 41% .42% 42% 42% 42% I.ARD— Mav 11.30 1132 11.30 11.32 11.37 RIBS— „ „ „ •May. 98a 8.<7 Mav TE .71% 71% .71 71% .71% July.. 73% .73% .73 .73% -.3% •Nominal. CHICAGO. March 7.—Car lot receipts Wheat. 36 corn. 227: oats 134: rye. 1. FRENCH BONDS DECLINE WHEN FRANCS TAKE DROP Remainder of Foreign List. However, Holds Steady. By Lmtcd Financial NEW VORK, March 7.—The drop of tne French francs to anew low record of 1.0377% had a depressing In flue nee on the price of French government bonds in the early bond transactions today. 8s at 96, off 1% and the 7V.s rt 92%. off %. The balance of the foreign list was steady Liberties were firm. In the general list, rail bonds were moderately active. St. Paul 4 were 81% and later sold at 81% up v*. Con vertible os of 57 up %. The industrial group was dull. Virginia Carolina Chemical 7s were at 71 up %! Tractions were steadv. Foreign Exchange Hi' I niied / 'nancial NEW YORK March 7.—Foreign ex haute opened lower. Sterling demand. $4 28%: cable-. $4 28% Francs oemand. 3.82 e; cables. 3.82%c. Lire, demand, 4.27 c; cables. 4.27 %e. Belgium, demand 3.32 c; cables, 332 %c Magts 4.660.000.000.000 to the dollar. Czecno. demand. 2.89 c: cables. 2.89 %c. Swiss, demand. 11.28 c; cables, 17.30 c. Guilders, demand. 37.32 c: cables. 37.26 c. Pesetas, demand. 12.14 c cables. 12.16 c Sweden, demand 26.00 c: cables. 26 10c. Norway demand. 13.53 c: cables. 13.07 c. Denmark, demand. 15.76 c; cable*. 15 80c Raw Sugar Market By United Financial NEW YORK March 7.—The raw sufar market opened steady May 5 47® 5 79c; July 5 52® 5.53 c: September. 5.50® 5 51c. Dressed Beef Prices Wholesale selling pnre* on dressed beef. Swift A Cos : Ribs—No. 2. 80c; No. 1. 17c. Loins —No. 2. 25c; No. 3.18 c. Rounds—18c No. 310 c. Plates —No. 3. sc; No. 8 7c Cloverseed Market Lot*al dealers are paying slo€l2 a buslal for clovrrgred. Births Boys Harry and Alice Brennan. 2318 Prospect. Floyd and Daisy Duzan, 3022 Euclid. Dillard and Elsie Phillips 1162 Kentucky Ersken and Mamie Turner. 523 N. California. Fred and Mar eery Meals, 1520 Ashbury. Oscsr and Loretta Craig, city hospital. Cecil and Fanni* Laws. 2141 N. Capitol. Clarence and Enid Johnson. 2161 N. Jefferson. John and Josephine Hinshaw. Methodist Hospital. David and Minni* Sabiosky. Methodist Hospital. Morris and Minnie Levle, Method Ist Hospital William and Alma Leonard. Methodist Hospit tl. Girls Elmer and Mary Jacobs. 1233 N. Keys!one John and Mina Matthews 911 Chase ■ Frank and Mary Stampfel. 721 N. H% igh. Joseph and Pearl Adams. Iking Hospital Michial and Josephine Jardiana 826 W ught. Wilber and Sela Durham, city hospital. William and Clara Stem shore er. 2504 Boulevard PI. Charles and Rossie XiUholland. 836 Linopln. ■ Wtiliam and Henrietta Paulsen. Methodist Hospital.
Prer. I High Low 12:45 close. Pan Am Pete 49% .. 49% 49% Pan A IVte B 47 46% 40% 46% Pacific Oil.. 52% 52% 62% >2% Pro and Ref 35 34 % 34 % 35 Pure Oil ... 25 24% 29% 25 St Oi lot Cal 63 % 63 03 % 62 % St Oil of N J 38% 38% 38% 38% Sinclair .... 22 % ... 2il % 22 % Texas Cos ... 42 % ... 42 43 Minings— Gt Nor Ore.. 29% ... 29% 29% Int Nickel .. 13% ... 13 13 Coppers— Amer Smelt 60% 60% tfl% 61 Anaconda 34% ... :4 % 34% Kennecott . . 36 % ... 35 % 36 % Industrials— American C.. 117% 116% 116% 117% Am Woolen. . 70 75% 7n% 75% Cent Leather. 12% . 12% 12% Coca C01a... 69% 08% 69 70 Cont Can ... 50% .. 50% 50% Davison Cbem 56% 53% 54% 54% Fam Players.. 67% 67 67% 67% Gen. Asphalt 40% ... 40% 41 Mbnt Ward.. 27'* 27% 27% 27% Sears-R'buck. 90% 90% 90% 90% CSC Iron P 77 76 76% 77 U S Ind Alco 77% 70% 76% 77 Itilities— Am T and T. 130 ... 130 130 Consoli Gaa. 63% ... 63% 63% Shlppinx— Int M M pfd. 30% ... 30% 31 Foods— Am Suirar . 58% 57% 58% 68% Am B Sugar. 42% 42 42% 42% Corn PriMl.... 176 % 176% 177% C C Sue pfd 69% 68% 69 08% Cub-Am Sugar 30 % 36 %* 36 % Punta Alegre. 64% 63% 04% 63% Tobae; os— N Tob Prod B. 06% ’ 64% 65% 65
OIL TREND IS MIXED IN EARLY CURB TRADE Bom>-~Srrvni.v*r Adds Point and Prairie Drops One. By l need Financial NEW YORK, March 7.—The curb market was irregular in the early dealings today with the oils especially mixed. Borne-Scrymser added a point to its 15 point gain of Thursday to : 234. Prairie Oil and Gas lost a point i to 237. American Light was up 2% at I 180%. > Chesehrough Manufacturing staged another of Its upward swings and gained 26 points to 420. Dubilier reacted after making another new rec. ord high. Westlnghou9e Electric new when issued stock sought lower levels under pressure and reacted 59 The general list was ragged around noon. Business News NEW YORK March 7.—Norfolk A West <rn have opened bid* in Philadelphia for $12,000,000 of 4% per rent equipment trust, proreed* of which will be used to , pay for 6.000 steel hopper cars just pur•hased In January. Norfolk A Yes trm *old $7,200,000 equipment 4%* to a syndicate con-isting of Redmond A Cos.. First National Bank Equitable Trust Company. Harris. Forbes A Cos and Freeman A Cos., which offered them on a 4 90-4 50 per rent , basis NEW YORK—WaII Street hear* thst the i Schu'te Retail Stores Corporation has made anew offer to the United Ciirars Stores 1 Company of America to operate the latter's stores und- r lease. The United Cigar Stores dir*-<-tors have called a special meeting of stockholders April 1 to approve a ,-hange in the par value of the common stock from SIOO to $25. This proposed split, is under -tood to be part of the program for the i tran-frmnir of coutro lof the stores to the Schulte interests. Rumors that the Schulte remrern has been negotiating for control of United Cigar Stores have been rising and | receding for several years. TULSA Okla.—Prairie Oil and Gas has made application before the Kansas Supreme Court asking for modib at ion of an oil de cision by which it is prevented from operat , ina or engaging in the oil refining busuc sa lln Kansas It la understood that in the j event the company is permitted to do busij nee* in Kdiisas. it wilt purchase one of the - larger Ka’-sns plants now inactive, rather than to ouild its own refinery NEW YORK —The pineal report of the Standard Oil Company of Indiana for 1923 shows net profits of $41,538 499 after all expenses and reserves for taxes and other charges or $4 08 earned on each $25 share of capital stock In 1922 the company re ported net profits of $49,881 104 equal to 95 00 a share In view of conditions prevailnig iu the petroleum Industry last year as a reslut of the long perlisl of over production oil trade circles said the showing of the Indiana company was .-onsldcn-d satisfactory. NEW YORK—Sale* of ordinary life in- ! suranre in the United States during Jsn ; uary were 15 tier cent above the corresponding period of last .veir. according to figures Jus, published by the life Insurance research bureau of New York. Sales by the <-ompajiies which had in forre over 88 ; per cent of the legal reserve ordinary Insurance amounted amounted during January of this year to $530 001.000 of insurance, as compared to $466,880 000 of insurance in January of last year. Considering the nine geographical se.-tlon* of the country, the east south central is the only one showing a decrease NEW YORK—The Erie Railroad for Feb rviary is expected to show the best net operating income for that month in the history of the road. Preliminary estimates indicate a small surplus after monthly fixed charge deduction*, which aggregate about $1 250,000. In January tin* year net was $829,343 and February is likeiv to show a substantia! improvement, with the operating ratio well under 80 per cent Indianapolis Stocks —March 7 Bid. Ask. I American Central Life 200 ... I Amer Creosoting Cos pfd. . 97% ... Advance Rumely Cos com ... Advance Rumely Cos pfd. . . Belt R R com 74 ... Belt R R pfd 52 % Century Bldg Cos pfd....... 98% ... Cities Service Cos com ... Cities Service Cos pfd ... Citizens Ghs Cos com 29 31 Citizens Gas Cos pfd ........ 102 ... Indiana Hotel com 100 ... ‘ Indiana Hotel pfd 100 ... | Indiana Pipe Line Cos .92 % 94 % Indiana Title Guaranty Oo . . 85 ... Indpls Abattoir pfd 50 | Tndianapolts Gas ... 61 54 I Tndnls A Northwes'ern pfd.. 34 41 ! Tndpls A Southeastern pfd. . 45 Indpls St Rv 50 55 It-dpls Tel Cos com 1 Indpls Tel Cos pfd 90 . . Mcr Pub Util Cos pfd 82 92 National Motor Car Cos % Public Say Ins Cos 17 ... , Rauh Fertilizer pfd .. . .49 . . 9, 011 Cos of Ind 63 63% Sterling Fire Ins 10 l T H. I A E com 2 5 T H. T A E pfd 10 20 T H Tr and Lt Cos pfd 10 20 Tin Trar of Ind com 5 Uu Trac of Ind Ist pfd 25 l Tin Trac of Ind 2d p f d .. 8 i Van Camp Prod Ist pfd _ 100 j Van Camp Prod 2<l pfd 100 i Vandalia Coal Cos com 8 6 Vandalla Coal Cos pfd 7 11 Wabash Ry Cos com 14 16 I Wabash Ry Cos pfd 43% 45% Bonds Belt R R A S Y 4 May 1939 80 Broad Ripple ss. July, 1923. .50 ... Cen Tnd Gas s*. Sept.. 1931 . . . . Cen Ind P Cos 6s. July. 1947. ... ... Citizens Gis ss. Ju.y. 1942.. 87 88% Citizens Gas 7s. tieria! 101 102% Citizens St Ry ss, May 1033 79 80 Ind Coke A G 6s. April 19 40 90% 93 Ind Hotel ss. July, 1931 ... . 93% 98% Ind Hotel Cos 2d 6s. drawable 99 % .. . Ind North 5s Oct., 1933 ... Ind Ry A Light ss. Jan 1 943 90 Ind Serv Cor ss. Jan.. 1960.. .. ... In A Union Trac ss, July. 1933 Indpls Ab Cos 7% s. Sept., ’3l 09 103 Indpls. Col ASo 6s, Feb . 1948 96% 100 Tndn's Gas Rs Oct.. 1953... 85% 87% Indpls L A H ss. April 1940 95% 96 Indpls A Mart ss. Jan..' 1932 . . 63 Indpls No ss. July. 1932 44 49 Indnls A No 5s March. 1923 43% 46 Indpls ABE ss, Jan 1935. ... 39 Indnls SAKE ss. Jan .32 40 Indus 91 Ry 4-. Jan.. 1933.. 01 % 04 : I4sl* TAT ss. Jan., 1933 88 89 Indrls Un Ry ss. Jan.. 1905 94 % ... Indpls Un Ry 4%5. May. '26 95 ... Indp’s Wa 5%5. March, 1953 90% ... Ind Pub 9er fie. April 1943 89 % 92% T H. J A E 5. Apr.. 45. . . 02 63 T H Tr and L sa. May. 1944 83 Union Trac of Ind 0- July. '3 88 03 Sale* $3,000 Fourth Liberty 4%s 99A0
THE rXDLANAPOLJS TIMES
PORKERS STEADY IN LOCAL TRADE ; Activity of Shippers Helps Hold Prices Firm, llog Prices Day by Day Mar. 250-300 lbs. 200 231, lbs. 150 180tba 1. 7.50 7,60® 7.75 7.55® 7760 3. 7.00 7.00 7.60 4 770 7.70 7.70 6. 7.80® 7.85 7.80® 7.85 7.80® 7.85 I 6. 7.70 7.70 7.70 7. 7.70 7.70 7.70 Increased receipts at the local livestock market today failed to have any effect on hog prices and values remained altogether unchanged frdm Thursday’s basis with all weights and classes of hogs selling at a fiat price of $7.70. As on Thursday, a few hogs ' commanded a top of $7.75, but the number was small. Activity of ship pers accounted in no small way for the steadiness of prices, though local killers were not hesitant to enter the market to purchase their supplies at that price and the result was an almost total clearance before the end of the first half hour of trading. Sows and pigs ruled unchanged, pigs at $7 down, though rarely higher than $6.75, and sows at $6.50 down, though generally at $6.25 and $6.35. Altogether about 9,000 hogs arrived for market, including Thursday's unsold number ing 718„ Receipts in the truck department were heavier than on Thursday, accounting for part of the increase in the receipts which also undoubtedly were partly due to the week's advance. Trading in the cattle market was on a steady and practically unchanged level, with practically all grades sharing in the firmness. Receipts were light at 500 head and some advances might have been expected, except for the fact, buyers pointed out. that too much had been put on earlier in the week to expect apy further advances this week. Veal prices were slightly stronger on an unchanged basis, with choice kinds selling at $12.60 and the bulk friom sll 50 to sl2. A few fancy calves sold at sl3, but the number was very small. Receipts, 500 Steadiness featured trading in the sheep and lamb market, In which lambs sold down from $15.60 and sheep down from $9. Receipts, 100. —Ho* — Choice ihrhts .„...$ 770 Lisrht mixed 770 Medium mixed 7 70 Heavyweights 7 70 j Top 7 75 I Hulk of sales 770 | Packing sows 0 00® 0 50 Plra 0 50® 7.00 —Cattle— Prims corn fed steers, 1.000 to 1.800 lbs 9 00® 10 00 Good to choice steers, 1 OOlLio 1100 be c. . . 8 50® 900 Good to choice steers. 1,000 to 1 200 !b 7 00® 750 Good to choice steers 1 000 to 1.700 lbs 0 06® 750 Common to medium steer*. 800 to 1.000 lbs 0 00 ® 7 00 —Cows and Heifer*— Good to light heifers $ 0 00® 950 ! Good heavyweight 7.25® 900 Medium hflfers 0 00 ® 7.00 I Common cows 300 a. 0.00 Fair cows 6.00® 7.25 flutters ... 2 75® 3.25 | faunt-rs 225 3 3.75 s —Built— Farcy butcher built . . ..T. $ .7.00® 600 Goid to - holce butcher bull*. 5 00® 550 Bologna bulls . . 4.25® 4.75 Choice veals J 1 2.00® 12.50 Good veals . 10 00® 12.00 Lightweight veals 7 00@ 8 00 Common heavies 6 00® TOO Top 12.50 ■ —Rlteep and Lambs— * Extra choice lamb* 512 00® 15.50 Heavy lamb* 10 00® 12.00 Cull lanitm 000® 900 Good to choice ewes ........ 6 00® 900 Culls 3 00® 500 Other Livestock CHICAGO. March 7—Cattle—Receipts. 4 0o0: market Uneven: killing quality rather plain: most killing classes about steady, lower grado tsi atrers weak. 15c off in spots; bulk early. $7.26® 10: early top handywoight steers to shlppera. $lO 00; : stocker* nad feeders fxirly active: vealers I uneven: packers paying up to 11 for choice : handy weights. bulk vealers early. $9 25® |I9 60. Sheep—Receipts. 6,000: market for ; fat lamb 25®50c higher; sheep strong no I early sales feeding lambs: practically none | offered; several deck* fat wooled lambs j early. $10.50; cholre dipped lambs, sl3 80, - choice fat owed eariy, $10,26. Hogs—R -s-npts, 37,000; mark-t 10c highre; lop. I $7.05: hulk. $7.353 7.80; heavyweight. $r 45@7 85. medium weight. $7 40®7 05 ightweight. $7.10® 7.50 light lights. $6 10 i ®7.40; packing sows smooth. $0 60® 0.85: packing sows, rough. $0.35® 6.00: ! killing pig*, f-1.2536.50 HAST BUFFALO. March 7.—Cattle—Kareiptfi. 275: market active. 15c to 25c higher; butcher grade*. s9.si>®lo 76; heifers. $8.25® 9.50; cows. 52.50® 6.75. Calves— Receipts 1.85(1; market ac Ive and oteady. 500 lower, culls to choice. 86® 13 50. Sheep and lambs—Receipts, 2,000; market active. 600 higher; choice lamb*, slo® 10.75: <-ul!.s to cholre. $9.30® 15.50; yearlings, $9.50® 15- sheep, s4® 11.60. Hogs—Rereipts. 5,000; market active. 15c lo 260 higher; i yorkers. M 25® 8 15. pigs. $0.76®7; mixed, I $8.16; heavies, $8.15®8.26; roughs. s6® 0 50; stagt. $3.50®4.50. KANSAS CITY. Mo.. March 7.—Cattle— Receipts. 700; calves. ioO; all killing prices fully steady, short load of mixed yearlings $9.25; bulk fed steers, $7.30®9: bulk veals to packers. $8.50®9; no Stockers and feed ers of consequence on display. lfoga—Receipts. 6.000; shippers buyitiy 170 to 220pound averages at $6 85® 7 2’): looks strong to 10c higher: packers going slow; packing sows early, weak to 10c lower, mostly $8.25. Sheep—Receipts. 1,500: limited offering of killing prices about steady; no choice desirable weUfht lambs on sals, 91pound offerings, $15.15. EAST ST. LOUIS, March 7.—-Cattle—Re-ceipts, 780: market, no beef steers; native bes steers, $8.75 up yearlings and heifers. 1 $8.75 up: cows. $4.50®5.75; cannors and j cutters. $2.50®3.50; calves, $9.o0@10; stockers and feeders. $5.50® 6.50. Hogs— Receipts. 1.3,000; market. s®loc higher: heavies. $7.35(07.50; mediums. $7.35 ® 7.75: light. $0.73®7.55; light lights, so® 7.40; pocking, $6 @7.50: pigs, $5 @8.00; bulk. [email protected]. Sheep—Receipts. 500: market, steady; ewes. $0.60 @10; canners and cutters, $2.50 @6.50; wool lamb*, $13.75 @lO. PITTSBURGH. March 7.—Cattle—Rereipts. light; market, steady; choice, $0.65@ 10; good $8 [email protected]; fair, [email protected]: veal calves. sl3 @ 13.00 Sheep and lambs—Reeetpts, light; market, steady; prime wethers $10.50® 11; good. slo® 10.50; fair mixed. $8@!); lambs. sl2 50 @ 1 8.50. Hogs-—Re-ceipts. 20 double deckers; market, higher; prime heavy, $7.90@8; mediums. $8.15® 8.25; heavy Yorkers $8.15 (d 8,25: light Yorkers. $7 @7.25: pigs, $0.60 @8.25; rough. [email protected]: stags, [email protected]. CLEVELAND. March 7.—Hogs—Receipts. 4.000. market 10c higher; yorkers, $7.95; mixed $7.95: medium. $7.95; pigs. $6.60; roughs. $0; stags, $4.50. Cattle—Receipts. 200: market steady and unchanged. Sheep and lambs—Receipts, 800: market steday; top. $lO. CaJves—Receipts. 300; market active: top, sl3. Tank Wagon Prices (Gasoline prices do not include State tax of 2c a gallon.) GASOLINE—Energec. 22c a gallon; Purol, 18.2 c: Red Crown, 18.2 o: Diamond gas, 18.2 c; Crystal Pep, 21c: Target. 18.2 e: Silver Flash. 22c; Standolind aviation. 23c. KEROSENE—Cryslallne. 12.7 e a gallon: Moore Light, 15.5 c; Arelite. 12.7 c; Perfection, 12.7 c; Solvent, 35c. NAPTHA—Lion Power Cleaners, 22.6 c a gallon: V M. A P.. 23 sc; Standolind Cleaners. 22.5 b. In the Cotton Market By f'nited Financial NEW YORK. March 7—The cotton market opened steady March. 28.90 c. up 16; May. 29.20 c. up 21 ; June, 28.82 c, up 21 : July, 28.60 e, up 4; August, 27.35 c, up 15; ' etober. 20.86 c, up 5.
First Pictures From Indians ’ Training Camp
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AT TOP. FEFT TO RIGHT—MILLKR. Ca IUHJ-JR: HODAPP. SHORTSTOP: fc’CHMANDT, FIRST BASEMAN AT BOTTOM—ADELSON FIELD, WHERE INDIANS CAVORT IN SOUTHLAND.
Early report* from the Plant City, Fla., training camp of the Indianapolis baseball team Indicate that new players may cut into the local limelight this season. Sohmandt, first sacker secured from Brooklyn, should go big in the A. A. Ha wields a heavy willow.
TWOSOLONS DENT TRUED OF GOSSIP INVOLVING THEM Langley, Kentucky and Zihlman, Maryland, Invite Probe of Rumors, By Failed V cw* WASHINGTON*. March 7—llu> assed by knowledge that their names were being handled about the hails of Congress iu kenaationai goswp. Rep resentutiven Frederick Zihlmau, Maryland. and John Langley, Kentucky, today made statements denying they are the "two Congressmen'' involved In evidence of bribery laid before a Chicago grand jury. Both Zihlinan aud Langley de manded specific charges, saying they are prepared to answer in detail Their voluntary statements followed adoption of a resolution calling In the Department of Justice to give the House the nurnes of the two Congressmen involved in the Chicago grand Jury disclosures. Deny They Are Involved The two Congressmen admit they are being mentioned as those investigated, but deny they ure involved. Zlhltnan, Republican, Sixth District. Maryland, declared: "When specific charges are made, If the y are. I will make a statement in reply to them. Until such charges are made 1 a*k the public to withhold Judgment ” laingley, Republican, Tenth Kentucky District, said: "I am told my name has been mentioned in connection with charges growing out of the Chicago grand jury investigation. I know I hate not accepted any money or done anything improper. I hate no further state ment to make unless specific charges are made, when 1 will answer them in a way that will be comprehensive and unmistakable." Another Is Mentioned Zihlman and Langley are two of three Republican Congressmen whose names have been mentioned lri gossip ever since the Chicago grand jury which indicted Col. Charles R. Forbes, former head of the Veterans' Bureau, and J. W. Thompson, a contractor, reported "two members of Congress" had been guilty of offenses in con nectlon with issuance of liquor permits and granting of paroles and par •dons to persons violating the liquor laws. Smoko Inspector to Speak H. F. Templeton, assistant chief smoke inspector, will address the Sclentech Club at luncheon Monday at the Chamber of Commerce on “Some of the Problems of the Smoke Inspector.” Marriage Licenses W. R Lambert. 27. 305 Pershing, clerk Pennsylvania Railroad; Emma Krauss, 21 309 N’. TVrshlng. C. O. Ault, 19. 128 McKim. laborer; Treesie Wattr. 20. 1609 Ollvs. 6% E. Walton, 29, U. S. 8 Nevada, sailor: Genevieve MeGrotty. 28. 9t. Louis. R, P. Gross, 30, 1353 Nordyko, tailor; Viola Hurst 25 Marion County. Ft C. Kivett. 22. 2003 N. New Jersey, FSirnn A Cos.; Agnes Andis, 18, 2230 Martindale. H. A Ballard. 26, Ft. Harrison, soldier; Myrtle Jaynes. 20. Indianapolis. Deaths James C. Hall, 23. 636 Agnes, pulmonary tuberculosis. David A. Rodgers, 68, Methodist Hospital, uremia. Edna Jane Uttrlch, 68. 320 Northern, clironie myocarditis. Virgil Kemper. 33, etty hospital, lobar pneumonia. Carrie Alice Manville, 69, 3437 W. Michigan. mitral stenosis. Eliza J. Howland, 83, 3103 N. Meridian, broncho pneumonia. Glen E. Tapp, 26, Deaconess Hospital, endocarditis. Earl J. Swope, 1 month, 1449 Madison. influenza pneumonia. Lillian D. Boyl. 64. 830 Wright, carcinoma. Nellie Nieho's 51, St. Vincent's Hospital, chronic myocarditis. Bertram Rees 55. Methodist Hospital, acute cardiac dilatation. Nancy Elizabeth Stiers. 86. 5514 E. Mich- i igan. premia. Lillian Elizabeth Carson. 1 hour, 1016 N Sheffield, premature birth. Devora Jane Frantz. 61, 630 S. Keystone, interstitial obstruction. John Luther Meeks, 34, 523 W. Fourteenth, broncho pneumonia. Gemarah cerebral hemorrhage.
Otto Miller, veteran catcher, is getting along in years, but he may have a good year. He is a valuable man to have around because of his many years of big league experience. Hodapp is the kid of the squad. He comes from the Cincy sandlots and has shown fine fielding ability
CURTIS NAMED AS ‘PRINCIPAL’ i< ontinued From Page I) ferred to ‘Peaches’ and ‘Apricots?’" j ‘ I did not. I knew ‘Apples’ used it to designate Fall, but l did not know the other words.” "Well, you used code words such as 'fuzumgo vsa Explain how you used them,” ‘ When 1 wanted tr keep the oper ators and others from knowing what was gu ng on 1 may have consulted Major, who had a code. for code words." "Who is the count?" They sometimes alluded to tne as Count long before this Teapot Dotpe thing began. I have heen given some necorations by the King of Italy and the men around the office called me the 'count.' " (’an't Remember "X” Walsh then read a telegram dated Feb. 11 from Bennett to McLean saying 'X' telephoned and told McLean not to worry." I "I can't remember who 'X' is,” Ben nett said. "So many people called and i told Air. McLean not to worry." Walsh then asked: '1 < ill voiir attention to another I message: ‘Saw "N” for nearly an hour Ills direct message to you is.! "I arn at 'Yu' elbow and standing at | the guns. All thai is possible to do will be done by us so you should worry, delay selection of prosecutor. Give my love.’ Can you now who 'X' was?" | “I remembtr giving Major a! message to send to McLean of that j purport, hut I'm not sure it wasj correctly sent." Refers to Lambert "My recollection is before that I bad received a confidential message from McLean expressing anxiety as to whether his attorney (Wilton LamWßrt) was diligently representing his in terests, so I raw Lambert and then tr Id Major to send McLean a message like that." .
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in the first days at camp. The Indians have been provided with fine training facilities at the Florida camp. A modern clubhouse is at their disposal. The new ground has been named Adelson Field in honor of one of their chief boosters, S. D. Adelson.
"Your present view is that ’X’ refers to Lamber?” “Yes." "Now, Mr I*ambert. is quoted in this message as saying T am standing at Y's elbow.' ” "Lambert said he was sticking very close to Senator Walsh and attending to his duties diligently.” "So you think ‘Y’ was Senator Walsh?" Walsh broke in. “Yes, Lambert said I am .n close touch with Senator Walsh and standing by the guns or something like that." "Now, the message continues, 'all that is possible to do is being done by us. so you should worry delay selecting of prosecutor.' " “It was at this juncture Bennett said that the 'll. D.' referred to in his telegram to McLean on Feb. 14 was Attorney General Daugherty. The message said Bennett had an appointment with "H. D." for 1 p. m. that day. The conference did not take place until next day, Bennett thought. "Now if we substitute Daugherty for ’X' the message reads that Daugherty said ‘I am at Y's elbow and standing by the guns, etc. The fight Ist oq me and lam feeling fine.' Does that connect up any better?" Substantially Correct "Well, that is substantially what Mr. Daugherty told me as well as Mr. Lambert, strange as lt may seem.," "What did you see Mr. Daugherty about on that day?" "I don’t remember." The spectators broke out into a laugh. Bennett at this point identified “the principal.” mentioned in one bf the rmssagos as Senator Curtis, Repub lit an whip of the Senate. Before giving Curtis' name, Bennett said that what he saifl about "no rockinir of the boat" and "no resignations was based on his own * opinion, gathered at a White House press con ference. Walsh again asked i ennett if he Recollected who "Beaches" and "Apricots" were but Bennett replied he did not. "1 think that referred to selection of the counsel to prosecute the oil lease cnse.fi and there was a delay in picking them.” Who was "/•' to whom Lambert asked that his love be given?” "I think that was Mrs. McLean."
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GERMAN INSULT TO YANKEE WOMEN BRINGS PROTEST U, S. An bassador to Berlin Demands Suitable Action Be Taken. By In ited Brest BERLIN? March 7. In ni i— il 111 Houghton of the United Stain t*.ay visited Foreign MinisStresemann and lodged a strung pwtaßt against the action of Depaty X'art-hau.-t in insulting three AsMMdfSaft women in a compartment on a Col-ogne-B’-q lin expi-ess train. The ambassador demanded "enltablo action be taken." Stresemann promised an Investigation would be made immediately. The conductor of the train lo said to have entered the dispute between the deputy and the women and to havo rebuked the Americans, saying that in Germany women do not contradict men. Mrs. C'”ffin. wife of the United States consul general at Berlin, with Miss Goldsmith, assistant American trade commissioner to Germany and Mrs. Conger, wife of a newspaper correspondent. were in a compartment of the express when Deputy Korthau** entered and demanded their bags be removed from a rack above the eat. The women suggested he summon the conducto- to remove them, whereupon the Re ehstag member struggled to do so himself and accidentally broke a window. The deputy then lost his temper and used insulting language, accusing the women of pushing him.
1100,1 SUIT FOR DAMAGES IS FILED BYLOUCKE Former Assistant Prosecutor Sues, Charging False Arrest and Imprisonment. By I ail, I Frets VINCENNES. Ind., Mateh 7. Mearle Loucke. former assistant prosecuting attorney of Knox County, Thursday filed suit for SIOO,OOO damages against four persons charged with being responsible for his arrestin tne robbery of two banks at Spencer, Ind. Harry C. Webster, head of the protective division of the Indiana Bankers' Association; James Burke of the Spencer National Bank. John H. Schmidt of the Citizens State Bank at Spencer, and Gladys Edwards of Spencer. are made defendants. Loucke charges the four caused him to be falsely arrested and imprisoned on a charge of organizing a gong of bank bandits and robbing the two banks at Spencer. Loucke and ten other men were ■held In Jail at Spencer several days. At a preliminary hearing the State dropped all charges against the men. Webster, the suit charges, gave publicity to an alleged confession Involving Loucke, and later failed to make good the charges. Gladys Edwards, the girl named In the suit, was alleged to have made a statement to Knox County authorities involving Loucke. The two Spencer bank officials are charger, with conspiracy to cause Loucke's arrest. Tie declares as a result of confinement in the Spencer jail his health has been ruined. The suit declares Loucke's wife and children wer? publicly disgraced by the "conspiracy to place him in jail without legal cause."
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