Indianapolis Times, Volume 35, Number 263, Indianapolis, Marion County, 17 March 1924 — Page 11

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BEARS CONTINUE THEIR HAMMERING ON GENERAL LIST Several New Lows on Current Advance Registered in First Hour, MOTORS AND TIRES HIT Prospect of Action on Bonus; Measure Proves Depressing Factor. The WALL STREEI JOURNAL NEW YORK, March 17.—Over Sun-1 day news of the House's determina-1 tion to pass a two billion dollar bonus j bill was ameliorated by the estimates that it could be financed out of savings in Government expenditures and consequently would involve no in- j creased taxation. But the prospect of action on the measure caused a gen-1 erally unsettled opening today and j fractional losses were experienced by | Bethlehem, United States Ruboer, Studebaker and Baldwin. Additional disturbance resulted from the reduc- j tion in Pan-American dividends. However, steadiness among the rails con- ' tlnued to act as a stabilizing influence for the entire market. First Hour Professionals attempted to further the decline by hammering at weak spots through the first hour. These tactics resulted in new Iqws in KellySpringfleld. which dropped to 1614. in American Sumatra at 13% and Tobacco Products at 55%. The motor shares were depressed by a drive against the tire shares. Studebaker reaching anew low, on the movement at 99%, Maxwell A at 4914 and Moon at 24. But the heaviness in special issues proved unavailing in forcing additional recessions in pivotal stocks, such as steel, can and similar industrial leaders. Second Hour Nervousness among the shorts over the market's resistance to pressure was heightened by a late morning drop in call money to 3% per cent. This developments promoted short covering in the general list, which showed a confident tone around noon. In the Pan-American the bear retreat 39 LEGAI, NOTICES NOTICE TO HEIRS. CREDITORS ETC. In the matter ol the estate o£ Ida Bowiby. deceased No 65-201*19. In the Probate Court of Marion County. March term. 1924. NoUce is hereby given that Martin L. Bowiby as administrator of the above named estate has presented and filed his account and vouchers in final settlement of said estate, and that the same will come up for the examination and action of said Probate Court, on the 12th day of April. 1924, at ! which time all heirs, creditors or legatees ol ■aid estate required to appear in said court ; and show cause, if any there be, why said account and vouchers should not be approved. | And the heirs of said estate are also required : to appear and make proof of their heirship. ! ALBERT H. LOSCHE. Clerk. | OREN S. HACK. Attorney. March 17, 24. j NOTICE TO HEIRS. CREDITORS ETC- ! In the matter ol the estate ol Thomas ! Marshall Ha.l. deceased. No. 05-20869. In the Probate Court ol Marion County. | March term. 1924. Notice is hereby given that Bankers Company, as administrator ol the above Darned estate, has presented and filed their account and vouchers in final settlement ol said estate, and that the same will rome Up lor the examination and action ol said Probate Court, on the I2th day of April, j 1924. at which time all heirs, creditors or legatees of said estate required to appear In said Court and show cause, if any there , be, why said account and vouchers should j not be approved. And the heirs of said ■state are also required to appear and make proof ol heir heirship. ALBERT H. LOSCHE. Clerk RALSTON GATES. L. V. and 8.. Attorney. March 17, 24. ; NOTICE TO HEIRS. CREDITORS, ETC In the matter ol the estate ol James E. 1 Roberts, decease!. No. 63-20186. In the Probate Court of Manon County. ! March term. 1924. NoUce is hereby given that Union Trust ' Company of Indiana, as executor of the ' above named estate, has presented and filed their account and vouchers in final settlement of said estate, and that the same will come up for the examination and action of i ■aid Probate Court, on the 12th day of April. 1924. at which time all heirs, creditors or legatees ol said estate required to ! appear in said Court and show eauee. if ; any there be. why said account and vouch- I erg should not be approved. And the heirs of said estate are also required to appear i and make proof of their heirship. ALBERT H. LOSCHE. Clerk. March 17. 24. NOTICE TO HEIRS. CREDITORS. ETC. In the matter ol the estate ol Kale Huk riede, deceased. No. 64-20655. In the Probate Court of Marion County. March term. 1924. NoUce is hereby given that Charles John Schott as executor of the above named estate has presented and filed his account and vouchers in final settlement of said estate, and that the same will come up lor the examinaUon and action of said Prebate Co'irt. on the 12th day of April. 1924. at which Ume all heirs, creditors or legatees of said estate required to appear in said Court and show cause, il any there be, why said account and vouchers should not be approved And the heirs of said estate are also required to appear and make proof of . their heirship. ALBERT H LOSCHE. Clerk. CHARLES MENDENHALL, Attorney. Maroh 17. 24 NOTICE TO HEIRS. CREDITORS ETC. In the matter of the retate of Margaret Louis, deceased. No. 65-20888. . In the Probate Court ol Marion County, March term. 1924. NoUce is hereby given that Joseph T. MoCune as administrator of the above named estate has presented and filed his account and vouchers in final settlement of said estate, and that the same will come up for the examination and action of said Probate Court, on the 12th day of April. 1924 at which time all heirs, creditors or legatees of Mid estate required to a„. ar u, .u >- n and show cause, if any there be, why said account and vouchers should not be approved. And the heirs of said estate are also required to appear and make proof of their heirship. ALBERT H. LOSCHE. Clerk. LOU A. ROBERTSON, Attorney. March 17 24. NOffCT OF APPOINTMENT. NoUce is hereby given that the under- - signed has duly qualified as administrator of estate of Clarence S Auble. deceased, late of Marion County Indiana. Said estate is supposed to be" solvent. FRANK B. CHILDERS. No. 22179. March 17. 24,*31. NOTICE OF APPOINTMENT Notice is hereby given that the 'undersigned has duly quaified as administrator of relate of Elizabeth Penn, deceased, late of Marion County. Indiana Said estate Is . supposed to be solvent. WALTER E. PENN. No. 22178. March 17. 24. 81. NOTICE OF APPOINTMENT Notice is hereby given, that the undersigned has duly qualified as administrator of estate of Elizabeth Cooley, deceased, .ate of Marlon County. Indiana. Said estate gs supposed to be solvent. FRANCIS N. COOLEY. No 22126 Maroh 3 10, 17 NOTICE OF APPOINTMENT Notice is hereby given, that the undersigned has duly qualified as executor of estate of Ernst Ott deceased, late of Marion County. Indiana. Said estate la supposed to be solvent. WILLIAM OTT. No. 22131. March 10, IT. 34.

New York Stocks ”“" tßy Thomas 4 McKinnon) —March 17—

Railroads— 12:45 Prev. High. Low. p. m. close. Atchison 99% ... 99 99% B& 0 56 % ... 55 % 66 C & 0 7fi% 751a 76% 75% C&N WRy 60% ... 50% 50% Erie 26% 25 20 25% Gt. North pH 56 ... 50 60% Lehigh Valley 69 06 % 68% 08 MoPacpfd. . 38% ... 39% 38% N Y Central. 101% .. 100% 101 Nor Pacific.. 60 ... >0 60% Nnrfolk &W. 121 % 120% 121% 120% P-Marquette.. 41% ... 41% 41% Reading .... 55 % ... 65 66 Scu Railway. 53% 53% 53% 63% Sou Paetfla. . 86% 86% 86% 80% St. Paul pld .25 % ... 25 % 25 % St. L & S W 39% 89% 39% 39% Wabash pfd 46% 46% 40% 46% Util,her*— Kelly-S nr 17% 16% 16% 17% U S Rubber. 33% 33% 33% 34 Equipments— Am Loeomo.. 73 % ... 73 % 73 % Baldwin Loo. 122% 121% 122% 122% Gen. Electric 224 220 223% 220% Pullman 118 ... • 118 119 Westing® El.. 61 ... 60% 63% ■Steels— Bthlehem. .. . 55% 56% 65% 56 Colorado Fuel 33% 31% 32 % 32% Crucible 61 60 80% 61% Gulf States . 80 79 % 78 80 % R. Iron Ac S. 55% 54 55% 65% U. S. Steel. 102% 102 102% 102% Motors— Am Bosch M 33% 31% 33% Chandler M. . 57 50 % 56 % 56 % Gen. Motors.. 15% .... 15% 15% Max M (A).. 50% 40% 49% 50% Max Mot (B) 14 13% 14 14 Studebaker ..100% 99% 100 100% Stewart-W.... 85% 81% 82 89 Timlien 38% 37% 37% 38% Wlllys-Over. . 11% ... z 11% 11% Oils Cal Petrol... 24% 2.3% 24 24% Coeden 35% 34% 34% 35% Houston Oil . 69 68 70%

was especially noticeable, recoveries of close to two points taking place in both classes. It has been stated for months that the $8 dividend rate would have to be reduced and the prolonged decline of the stock has pretty well discounted such actic n. * Noon Hour Leading issues showed a disposition to improve in noon dealings, in which operations for a rise were resumed in several sections of the list. Professional pressure lessened as the stocks rebounded, though attacks on the motors were still in evidence, holding these issues in check. Some of the pivotal stocks, which had refused to yield ground during the morning drive, came to hfe and advanced fractionally, followed by the lesser lights which responded to the improvement in their leaders. Fourth Hour Professionals renewed their drive on special stocks in the early afternoon when no disposition was shown to follow up the improvement in the noon dealings. Motor stocks continued one of the centers of attack and new, lows on the movement were reached by Studebaker at 98%, Chandler at 55% and Maxwell A at 48. Industrial Alcohol was also under fire, breaking to new lew ground at 73% cn reports that plans to Resume the dividend payments this spring had been al'ondoned. Twenty active industrial stocks on Saturday averaged 98.02, off .84 per cent. Twenty active rails averaged 81.39, off .08 per cent.

Local Bank Clearings Indianapolis ban* Monday were $3,386,000: bank debit* were $7,088,000. New York Money Market Bit United Financial NEW YORK March 17.—Call money ™ off-!•••<! at 3% per cent today for the first time sinre September 19 and 20. 1923. The r.a MB for the drop is the extremely Ugh; borrowing. There was some $30,000,000 oa offer with no demand. Time money market quiet. 4 % per cent bid. offered at 4 % per cent. Commercial paper, prime names. 4% per cent: others 5 per cent. MARKED IRREGULARITY FEATURES CURB TRADE .Movements in Standard Oil Group Prove Conflicting. Bv United Financial NEW YORK, March 17.—Irregularity marked the forenoon dealings on the curb market today and the tone was one of heaviness. Contrary movements appeared in the Standard Oils, Borne & Scrymser losing five points, while Standard Oil of Nebraska gained as much. Prairie Oil and Gas lost 3%, while the two Chesebrough issues were better The independents were off. Gulf of Pennsylvania lost a full point and General Pete %. American Light and Traction featured the industrials with a two-point gain. Weakness developed In Dubilier Radio and the stock lost nearly 2 points. Durant Motors was down % and Silica Gel 1. Indianapolis Stocks —March 17— . Bid. Ask. American Central Life ...... 200 ... Amer Creosoting Cos pfd ... 97% ... Advance Rumely Cos com ... 9 Advance Rumely Cos pfd ... 29 30 Belt R R com 74 ... Belt R R pfd 53% ••• Century Bldg Cos pfd 98% ... Cities Service Cos com ... Cities Service Cos pfd ••• Cltixens Gas Cos com 29 81% Citizens Gas Cos pfd 102 ... Indiana Hotel com 100 ... Indiana Hotel pld 100 ... Indiana Pipe Line Cos 94 96 Indiana Title Guaranty Cos . . 85 ... Indpls Abattoir pld 60 Indianapolis Gas 51 64 Indpls & Northwestern pld. . 34 41 IndpU & Southeastern pld. ... 43 Indpls St Ry 50 54 Indpls Tel Cos com 1 ... Indp’s Tel Cos pfd 90 Mer Pub Util Cos pfd 82 89 National Motor Car Cos ... Public Savings Ins Cos 12 14 Rauh Fertilizer pfd 49 •■ . Standard Oil of Ind ....... 60% 61% Sterling Fire Ins 10 14 T H I 4 E com 2 6 T H I & E pfd 10 20 T H Tr and Lt Cos pfd 88 Union Trac of Ind com 4 Union Tra- of Ind Ist pfd.. 12% 22 Union Trac of Ind 2d pfd.. .. 7% Van Camp Prod Ist pfd 98 | Van Camp Prod 2d pfd 98 Varda'la Coal Oo com 3 6 Vanda'ia Coal Cos pfd 7 Wabash Ry Cos com 15 % 16 % Wabash Ry Cos pfd 47 % ... Bonds Belt R R 4 S Y 4a May 1930 81 Broad Ripple ss. July. 1923.. 50 ...... Cent Ind Gas 5s Sept. 1931.... ... Cent Ind P Cos 6s. July. 1947... ... Citizens Gas ss. July. 1942. . 87 88 Citizens Gas 7s, aerial ......101 ... Citizens St Ry ss. May. 1933 80 84 Ind Coke 4 G 8s April. 1940 90 93 Ind Hotel sa, July. 1931 94% 99% Ind Hotel Cos 2d 6s. draw... 100 ... Ind North 6s. Oct.. 1933 ... Ind Ry 4 Lt ss. Jan.. 1943. 90 —. Ind Serv Cor ss. Jan 1950. ... ... Ind Union Trac 5s July. 1933 . . ... Indp% Ab Cos 7%s Sept.. '3l 99 102 Indpls Cos! 4So 6s. Feb.. 1948 90% 100 Indpls Gas 6s. Oct.. 1952. . 86 87% Indnls L A H ss. April. 1940 95% 90% Indpls 4 Mart ss. Jan.. 1932 61 Indpls Nor ss. July. 1932. . 42% 47% Indpls 4 Nor 5. Mar.. 1923. 42 44 Indpls Ac S E 5s Jan.. 1935. .25 ... Indpls S 4 S E se. Jan.. ’32 30 Indpls St Rv 4s Jan.. 1933. . 02 04 Indpls T A T 5s Jan.. 1933. . 83 89 Indpls Tin Ry ss. Jan., 1905 94% ... Indpls Un Ry 4%5. May. '2O 95% ... Icdpls Wa 5%5. March. 1953 90% ... Indpls Water 4% s 89 % 90 Ind Pub Ser 6s. April 1943 89% 92% T H I 4 E 5a Aug.. 45.... 62 68 T H Tr and L 6s. May. 1944 82 Un Trac of Ind 6s, July, '32 57 69

Prev. High. Low. 12:46. close. Marl and Oil. . 37 36% 37 .37% P-Am Pete . 47% 46% 47% 48% PAm P (B) 46% 45 % 40 46% Pacific Oil.. 51% 51% 51% 61% Pro. & Ref.. 34 % 34% 34 % 344% Pur- Oil ... 24 .... 23% 24 S. Oil of Cal 61 % 61 % 01 % 62 S. Oil of N. J. 37 % .... 37 % 37 % Sinclair ...i 22% 22% Texas C 0.... 42% .... 41 % 42 Minings— Gt. Nor. Ore 30 29% 30 29% Int Nickel... 13% 13% 13% Coppers— Am Smelt... 61% 61% 61 % 02% Anaconda . . 33 % 33 % 34 Kennecott.. .. 36 35% 36 36 Industrials— Allied Chem.. 08 67% 67% Amer Can .115% 114% 115 115 Amer Wool. 73% 73% 73% 73% Coca-Cola ... 64% 62% 63% 63% Cont Can,... 50 49% 49% 49% Davison Cheni 51 ... 60% 61 % Fam Players. 06% 05% 06% 06% Gen Asphalt. 41 40% 41 41% Int Harvester 84 % ... 84 % ... Mont Ward.. 26 ... 26 . 26% Nat Enamel. 32% ... 32% ... Natl Lead ..144% 140% 144% 140% IT S C I Pipe 76% 75% 75% 76% U S Ind Aleo 75% 74% 74% 75% Utilities— Am T and T. 129% ... 125% 120% Con Gas 02 61% 61% 62 Col Ga.* 34 ... 34 Shipping— Am Int Corp 22 ... 22 22 % Int M M pfd 30% 30 30% 30% Foods— Am Beet Sttg 40% ... 40% ... Corn rrod ..178 ... 178 178% Cu Cn Sit pfd 67% ... 07% 67% Cu-Am Si gar 36 85 % 30 30 % Punta Alegre 66% 66% 65% 66% Tobaccos— Tob Prod B 60 58 58% 69%

WHEAT LEADS IN HIGHER! OPENING Corn Scores Fractional Advances With Wheat. By United Financial CHICAGO, March 17. —Opening on the local Board of Trade today was generally higher. Firmness in Liverpool reflected in local wheat trading. Light world shipments, less pressure of Argentine and Manitoba wheat and good consumption by United Kingdom and Continentals brought a % to 1% advance in Liverpool Southwest had beneficial snows over Sunday. Wet condition of fields will retard work on spring planting. Corn scored fractional advances in sympathy with wheat, there being nothing to this market at the start. Eastern demand continued slow and the Southwest reported little improvement. Argentine new crop corn Is being picked rapidly under favorabje conditions with larger quantities being sold for May and June shipments. Oats lacked speculative interest and opened unchanged. Siding is held up by poor condition of fields, due to excessive mcisture. Weakness in hogs was offset bysteady cables and the provisions market as a result opened nominally unchanged. Chicago Grain Table —March 17— WHEAT— PrevOpen. High. Low Close close. Mar 1.00% 1.06% 105% 1.00% 16... July.. 1.07% 1.07% 1.08% 107% 107% Sept. 108% 108% 107% 1.08 1.07% CORN— May. 78% .78% .77% .78% .77% July.. 70% .79% 78% .79% .78% Sept.. *t) 80% 79% .80% .79% OATS— May.. .46% 47% .46% .47% 46% July . 41% 45% .44% .45 > .44% Sept.. 42 % .42 % .42 40 % .41 % LARD— May .11.05 11.07 11.00 11.07 11.16 RIBS— Mav . 9.65 970 960 9 65 9.72 RYE— May . .67% -67% .67% .07% .67% July . 69 .69% 09 .69% .69% CHICAGO. March 17.—Primary receipts: Wheat. 1.038,000 against 900.000; com. 1.349.000 against 719000: oats 717000 against 941 000. Shipments—Wheat. 355. 000 against 428,000: com, 558.000 against 552.000. oats. 582.000 against 813.000 CHICAGO, March 17.—Car lot receipts: Wheat. 30; com, 143: oats. 66: rye, 7.

Grain Briefs

CHICAGO, Mareh 17. —Liquidation in wheat will not develop depreeaing proportion* unless priew attain drop back to $1.03 or under lor May. prominent traders believe. Poor cash demand In the face of reduced receipts keep* a number of the most active traders on the ssllinK side of corn Withdrawal* of Industrie* and elevator intercuts from the cash market Is a depressing sac tor. Seeding of the new oats crop 1* delayed over a great part of the Central West by continued wet and cold weather.

BOND PRICES ARE FIRM IN INITIAL DEALINGS Liberties Move Fractionally Higher— Foreign Loans Steady. Bv United Financial ; NEW YORK. March 17. —Bond prices were firm in the early trading today. FYench 7%s were 54% and 8s at 98, up Belgium 7%s 101%, up %. The balance of the European list was- steady. Liberties were fractionally higher. In the general list, rails were active and generally higher. Seaboard convertible 6s reached anew high since the war at 78%. Southern Railway general 4s also made anew high at 70%. Tractions were dull, but firm. Among the industrials, Wilson & Cos. convertible 4s sold at 85% up 1, Ist 6s 94% up 1% and 7%s 90% up 1%. Punta Alegre convertible 7s, after selling at 120 reacted to 119 off %. Tank Wagon Prices (Gaso me prices do not include State tax of 2c a gallon.) GASOLINE—Energee. 22c a gallon; Purol, 18.2 c; Red Crown, 18.2 o; Diamond It).2c; Crystal Pep, 21c: Target. 18.2 c; Silver F ash. 22c: Standolind aviation. 23c. KEROSENE—CrystaUne, 1270 a gallon; Moore Light. 15 sc; Arclite, 12.7 c; Perfection. 12.7 c; Solvent. 36c. NAPTHA—Lion Power Cleaners, 22.60 a gallon; V. M. A P., 23.30; Standolind Cleaners, 22.60 Raw Sugar Market Bv United Financin' NEW YORK March 14.—The raw sugar market opened lower May, 5.2.2 <@5.27c: July. 5.58®5.29c: September, [email protected]; December, 4.72®4.74c. Cloverseed Market Local dealers are paying slo® 12 a bushel for cloverseed. Local Wagon Wheat Indianapolis mills and elevators are payinr $1 lor No. 2 red wheat: other grades on their yierits.

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HOGS STEADY TO 10 m HIGHER Prices Grow Weaker as Trading Progresses, Hog Prices Day by Day Mar. 250-300 lbs. 200-225 lbs. 150-180 lbs. 11 785 7.85 7.85 12. 7 76 7.75 7.76 13. 7.60® 7.65 7.00® 7.66 7.00® 7.05 14. 7.60 7.00 7.00 15. 7.70 7.70 7.70 17. 7.80@ 7.85 7.75® 7.80 7.70® 7.75 Tntding in hogs at the local livestock market today was of a decidedly irregular nature, but the tendency was toward higher prices with the tulk of sales generally a nickel higher and the top a dime higher, while rome droves were- believed to have sold steady. Trading opened at prices generally a dime higher, with all weights and classes selling to shippers at $7.80 and $7.85, but this activity was short lived and soon buyers were bidding $7.75 at which price the bulk of the hogs sold. Kingan buyers, h nvuver, declined to follow the advance ard bid $7.70 or steadyprices. but the number to sell at that tigur : was not large. Only- 4,000 head were offered for sale, including .o holdovers but an unusually run in Chicago proved a depressing influence and shipping orders were few and of no significance as to size After a few shippers had bought their supp’ies the market went flat and it was only with difficulty that traders were able to move their stock above the $7 70 level. Sows and pigs were not influenced by the fluctuation In the general market, selling steady, pigs at $7 down and sows at $8.75 down. Due to the presence of some fairly- gt od steers and heifers, prices In the cattle market held generally steady, despite a fairly large run of 1,200 head Buyers were in evidence and trading was on a rather active scale from th-> opening. Calf values ruled practically unchanged or. a fc-atureless market, tops selling at sl4 and the bulk from sl3 to $13.50. Receipts. 600. Orly 50 head of riheep arrived, but prices were regarded as steady with lambs at sl6 down and sheep at $9.50 down. —Hots — Choire llxhts ? 7.70® 7.75 Light mixud 7 70® 7 75 Medium mixed 7.75® 7 80 Heavyweights 7.80® 7.85 Bulk of Hairs 7 75 Top 7.85 Packing sow* 0.25® 6.75 lira 6.60® 7.00 —Cattle— Ifi-ime com fed steer*. 1.000 to 1.800 lbs $ 9 00® 10 50 Good to choice steers. 1.000 to 1.100 lbs 8.50® 9.00 Good to choice steers, 1 000 to I.SUO lbs 7.00® 7.60 Good to choice steer*. 1.000 to 1.700 lbs 8 05® 7 50 Common to medium steers, 800 to 1.000 ibs 6.00® 7.00 —Caws and Heifers— Good to light heifers $ 6.00® 950 Good heavyweight 7.25® 800 Medium heifers 6 00® 7.00 Common cowa 3.00® 0,00 Fair cows 6 00® 7 25 CiitterM 2.75® 3.23 Conners 2.25® 3.75 —Bulls— Fay hut-her bulls $ 5 00® 0 00 Good to choice butcher bulls 5 00® 550 Bologna bulls 4.25® 4.75 —Calves— Choice veal* sl2 00® 14.00 Goixl veals 10.00® 13.00 Lightweight veals 7.00® 8.00 Common heavies 6 00 7 00 Top . . 14.00 —Sheep and Lambs— Extra choice lambs $14.00® 16 00 Heavy lambs 10.00® 13.00 Cull lambs 6 00® 900 Good to choice ewes ...... 6.00® 9.50 Culls B.oO® 6.00

Other Livestock CHICAGO. Mareh 17.—Cattle— Roeedpt*. C2.U00; market active, all oiasae* steady; killing quality fei tours, medium to good; shippers demand fairly broad; early top matured steers. sl2; several loads early, sll <d II 05; handy weight and lightweight fed steers in broad demand; early top yearliny*. sll 25; stookers and feod< ra comparatively scarce, firm, bulk venlere to packer*, early, $lO and I>elow Sheep—Reretpts, 10,000; market active; fat lamb* 2fa to .'oo up; sheep *lronr. 26c up feeding and shearing lambs. 26c to 85c up; early fop bulk lat wooled land's, $15.73® 10 50; top to j shippers, early, $10.60; choice clipped lambs, j rorly. sl4: good to choice fat cwc*. early. $11; choii e clipped ewre, early. $0.60; bulk shiring lambs. ?15 30®J6 75 Hogs—He-j eeipls. 78.000; market moderately active i mostly 10c io 15c off; top. $7.85: bulk, $7 ®7.25; heavyweight. $7 2007.33: medium weight. $7.100730; light weight. $0 80® 7.25; light lights. $0 07.15: pocking sows, smooth. $0.40 0 0.60; packing sows, rough, $0.20®0.40; slaughter pigs. $4.9500.50. CINCINNATI. eceipts. 1,300; market steady to strong steers good to choice. $7.50(319 50: calves market oe lower; good to choice. sll® 13.50. Hogs—Receipts, 4.000: market, steady; good to choice packers and butchers. $7.500 7.90. Sheep—Receipts. 50 steady: good to choice, s7®9: lambs, markot steady; good to choice, $15.50016. PITTSBURGH, March 17.—Cattle Receipts light; market active and stronger: choice, 89.75 @10.50; good, $8.76 @0.50; fair. $6 5007.75; veal calros. sl4® 14.50. Sheep and lambs—Receipts. 12 doubledecks; market steady; prime wethers, sll® 11.25; good. $10.25010.75; lair mixed $3 09; lambs. $l3OlO 50, Hog*—Receipts, 40 double deck* market stronger; prime heavy, 17.8507.90; mediums. $8.0508.16; heavy Yorkers, $8.05 @8 15; light Yorkers. $7 07.25; pigs, $0.50 0 0.76; rough. $6 ft* 0.75; etags. 3 04. EAST BUFFALO, March 17—Cattle— Receipts, 1.750; market, slow. 20040 c lower; shipping steers. $9.50011: butcher grade, SBO 0.25; heifers. SOO 8 25; cows $2 00.25; bulls. $3 0 5.50; feeders. $4 00; milch cows and springers. s2s® 110. Oalwa —Receipts 2.500, market, active, steady; culls to choice, [email protected]. Sheep and lambs—Receipts. 800; market, active, land's 40c higher, yearlings 60c higher, sheep 500 $1 higher choice lam.be. $10017; culls to choice, $9.75016.50: yearlings, $9,500 15.50- sheep, $4 012.50. Hogs—Receipts, 1.0.000: market, active to 10c lower; Yorkers. $7 85 0 7.90 pigs, $0.5007; mixed, $7 850790; hoarics. $7.50; rough, S6O 6.50: stags, $3.50 04.50. EABT ST. LOUIS. March 17.—Cattle— Receipts. 3.000; market beef steers steady; native beef steers. $7 800 8.00; yearlings and heifers, $7 08.60; cows. $4.7505 75; cmners and cutter*. $2.6003 75; calves, M 1 50 @’l2: stockers and feeders, $5,50 0 0 60. Hog*—Receipts, 17,000: market strorg to oe higher; heavy. $7.2507 40: medium, $7.300 7.46: lights, $0 8507.55; light light-'. $6.260 7.40; packing sows, $0 1506.00 pigs, $5.5008.90; bulk, $7.25 @7.50. 3heep—Receipts. 1.000; market nominally steady; ewes. $6.50010.50: canners and cutters, $2.6000.60; wool lambs, $13.75016. KANSAS CITY. March 17.—Cattle—Receipts 10,000. Calves—Receipts, 2.000; most killing prices opening steady to strong; bulk fed steers, easlv $809.40; beef cows, $406; mixed yearlings up to $9.35; top veals, $9; stockers and feeders fully steady: choice yearling stockers $8.35: fleshy feeders, $8 10. Hogs—Receipts. 10 000: few 185 to 210-pound averaros to shippers. $7 @7 05. iOc lower; holding best weighty butchers, [email protected] packing sows, mostly $6.35. Sheep—Receipts. 9.000; lambs steady to 16c higher: early top, $15.90; others. $15.25015.85. CLEVELAND, Maroh 17,—Hogs—Receipts, 8.000; market 5c to 10c lower; yorkers, $7.80; mixed. $7.80; medium, $7.800 7.85; piss. $6.60; roughs. $6; stags, $4.50. Cattle —Receipts, 1.400; market slow. 15c lower: good to choice bulls. $506.60; good to choice steers. $9 010.50; good to choice heifers, $7 08.50: good to choice cows, $5 06; fair to good oows. S4O 5; common cows, $2.5003.50; milkers, S4O 080 Sheep and lsmbs—Receipts, 800; market steady; top, $16.50. Calves—Receipts, 500; market 600 lower; top. sl4.

Camp Fire Girls Signal Hearty Welcome to Spring

LEFT TO RIGHT—MISSES MILDR ED GOUCHER. MARTHA CARMICHAEL, RUTH KING, THELMA ROYSTER, MARY BERRY AND RUBY KEMP.

Produce Markets

INDIANAPOLIS.' March 17.—Fresh ergs, loss off, 20q; packing stock butter. 2(1 o; springs, over 2 lbs., 22c: low -a. 4% .tx-. up. 23c: fowls under 4% lbs.. 10c; Leghorn poultrv 5 per cent discount; cocks. 13c: stags, 17c; capons. 8 lbs. up. 28c; young tom turkey*, 12 lbs. up. 2tn; young hen turkeys, 8 lbs up. 24c: old tom turkeys. 18c; ducks. 4 ibs. up. lho, geese, 10 lbs. up. 14c; squabs. 11 lbs. to the doz.. 53.50; old guineas, doz . §4.50. Indianapolis creameries are paying 62c per lb. lor butterfat. CHICAGO, Nov. 17.—Butter —Receipts. 9.517: creamery extra, 40%<-; standards. 40 %c; fir- ts, 45® 45%c; seconds. 44® 44 %o Eggs—Receipts, 29,442: ordinary firsts. 19 %® 20c; firsts, 21Q 21 %c. Cheese -—Twin A 21e. young Americans. 23 %c. Poultry—Re eipts 3 car* fowls. 25c: ducks. 28c; geese, 18c, turkeys, 220: roosters. 17c; spring*. 30c. Potabiee—Receipts. 280 cars. Quotation.-: Wi-consin round hit*, $1.20 01 30; Minnesota and North Dakota 11-J River Ohio*. $1.30® 1.40; Idaho russets. $2.40 @2.00. NEW YORK. March 17.—Flour—Quiet, unchanged Pork—Dull mere. $24.75'9‘ 25.75. I.ard—Steadv. mid west spot, $11.50 @llOO. Sugar—Hi’ quiet 7.03 c: refined dull: granulated B.oo@o. Coffee—Rio spot. 15%® 10c Santo* No 4, 20% ®2le fallow—Weaker, -perlal to extra. ?%it?%r. Hay—Finn. No. 1. $1.50®1.55: No. 3, $1 20 v 1,3° Droned poultry—Firm; turkeys. 20@30e chi-kins. 22048 c. fowl*. 18@31o capons. 20® 45c ducks. 200 28c ducks Long Island. 25® 27c Livo poultry —Dull; trecse. 17023 c; dunks, 15 @ 30c fowls, 26 u 20c; turaeys. 270 300: roosters. 17c: -hlckens. 25® 35c broi'ero, 45Q00c: capons, 25® 40c. Cheese—Quiet: State whoiu milk, common to special, 16@20c; lower grades, 5 ® 14e. Butter—Steady re oelpts, 4 874 creamery extras*. 48 %o; jpectsl market. 48%@49%n; State dairy, tubs. 42047 %o; Danish, 49c: Argentine. 43® 48c. Eggs—-Steady: receipts. 11.908: nearby white fincy. 34% ©80c: nearby State whites 27@ :4c; western whites. 27@34c fresh firsts. 24% @2Bc: Pacific coast, 25% @34c; nearby browns. 29 It 30c. CLEVELAND March 18—Butter—Extra in tul<s. 50% @52 He: extra firsts 49 % @ 51 %c firsts 47 '.O l s■. <■ packing stock 25 030 c: standard* 49' Trst %c: prints lc extra. Eggs—Fresh gathered northern extras, 26c. extra firsts 25c: Ohio firsts 24c: western finds 23 %c. Pou'try—Live fat fowls 28c; springer* "0® 27c: I-echom* 25020 c; roosters 170 18c: goose. 21 u 22c: heavy white duck*. 29 @ 30c light colored ducks. 25c: medium few's 24c: turkeys 28c; stair*. 19 0 20c. Potatoes—Michigan round whit”, [email protected] Ohio* $lO 1.15 per bushel: Minnesota white $1,001.50: New York. 82 50® 2.65 per 150 pound#.

Business News

NEW YORK March 17.—Tb<- reduction in Pan■Anicrio.-.n dividend was under consideration by the directors long before there was any talk of cancellation of the naval reserve lease Oil prices were low tn the latter part of 1923 and the company was buying and storing the oil and wa* r.ot forcing either Its own production or the market. When tho attack was made on the lease of naval reserve No I in California, Pan Amer. an promptly cancelled Its proposed issue of $12,000,000 In 0% pet cent bonds and $10,600,000 in stock of it* California •uh*idiary. This financing would hare given approximately $22,000,000 for work In California, for which Pan American had advanced It* subsidiary $16,000,000. Pan American, ho vever is in easy financial circumstance*. $3,600,000 having been paid In from abroad the last day of December from tho sale of the company'* English tntereste Instead of a largo cosh balance In tho bank, the conipuny ha* more than $.50 000.000 oil ill storage, the value of which la approdsting constantly This condition lias been due to a natural accumulation of funds at this center, im-ident to income tax payment* due March 15. Other contributing factors were the $570,000,000 trescury ' hi b m-dured at the end of lust week, and siro,ooo.ooo interest paid on Federal

EDUCATION CHANGES UP Alterations in Teachers’ license Regulations Proposed. Changes in regulations on Indiana teachers' training and licensing will be considered Friday at a meeting at the Uncoln of an advisory committee of the State department of public instruction, it was announced today. Twenty-one educators were appointed a year ago as members of the State teachers’ training and licensing committee. Changes proposed inciude Increasing the amount of academio work and decreasing the amount of professional study required for a license. WOMAN ALLEGES ATTACK Story' of Accidental Shooting Denied by Alleged Victim. George Brown, 32, colored, told city hospital attaches he shot himself In the hand while cleaning a gun. Helen Groves. 21, colored, 640 Berkeley Rr., told police another story. She said Brown attacked her at Sixteenth and Illinois Sts. with a knife. She got a gun away from him, but in the scuffle to recover it, Brown was 6hot in the hand, she said. Miss Groves suffered cuts on the hands. Brown Is held. Building Permits M Sabloslsy, dwelling. 58 3. Colorado, $4,000. \ „ „ M. aablosky, furnace, 08 S. Colorado, S2OO. M Sablosky, dwelling, 64 S. Colorado. $4,000. E 0. Stout, dwelling, 1210 W. TwentyFirst, SI,BOO. Joseph M. Donald, addition, 1012 Comar, $650. William Rutan, addition. 1706 S. Harding, $275. Nellie Wright, furnace*, 510 N. De Quincey, S4OO. Nellie Wright, double. 513 N. De Quincy, SO,OOO. Edward B. Saxton, dwelling. 5211 N. New Jersey, $6,800. Edward B. Saxton, furnace, 5311 N. New Jersey. S3OO. Dan W. Lo Gore, double, 8010 N. Gale. $2,700. John M. Shacr, garage. 431 W. TwentyEighth, $450. Oscar Kremple. addition, 158 Harlin, $250. Frank Gandler, remodeling, 638 E. Thirty Second. $350. William Crawford, addition, 423 Patterson, SBOO Henry 0. Greenwood, garage, 2029 N. Oxford. S2OO. Independent Block and Cement Cos., shed, 2103 8. Harding. $350. Glenn B. Ralston, dwelling, 2750. Columbia, $2,000. Glenn B. Ralston, dwelling, 8732 Columbia. $2,000.

A sure sign of spring—six prenty Camp Fire Girls greeting the advent of spring with the "hand sign." The passing of winter means the out-of-doors, gatherings around the camp fire, singing their Indiana songs, and other camping activities for Indianapolis Camp Fire Girls. The grand council fire celebration of the twelfth birthday of the Indianapolis organization was held Saturday in the West Park Social

MARBLE SHOOTERS LAUGH AT CLOUDS

Entries in Indianapolis Times Contest to Pour in Despite Gloomy Weather,

Come Into Times Contest All you have to do to enter The Times Marble Tournament is to fill out this coupon and bring or mail lt to the Marble Editor at The Times office, 214-220 W. Maryland Bt. The winner of the city tournament will be sent to Atlantic City by The Times. Name Address - Age School

Despite gloomy, snowy weather of the p: st few days, entries continued to come in for the second annual city marble tournament to be conducted by The Indianapolis Times. Now that the weatherman has indicated he is going to give us some real marble weather in a few days, things' are looking right for the best marbie tournament ever. Indianapolis is gaining honor in almost every other way, so why shouldn't the national marble king be an Indianapolis boy? Here are some additional entries: Joe Siubber, 45 Johnson Ave.; Jimmy Williams, 2519 N. New Jersey St.; Richard Zimmerman, 1102 E. Washington St.; Leßoy Nash, 3844 E. Washington St.; William TANARUS, Crofts. 262 S. Summit St.; Lloyd Brown, 2154 N. Delaware St.: John Oliver Hutchens, 6508 Ashlan 1 Ave.; William E. Tinder,

GOVERNOR FACING COURT AS CITIZEN (Continued From Pape 1) Bank, a private bank, said he was the son of Albert Hoffman, county commissioner. He said that he had followed the case In all its phases in Criminal Court, in Federal Court ar.d the bankruptcy hearing; that he had a fixed opinion, and that he had banking connections with the FleteherAmerican and Continental National Banks. Talesmen Out of dainty Frank H. Osborn, formerly of New Augusta, was excused when lt developed that he had moved to Hamilton County Saturday. His place in the jury box was taken by J. M. Haines. 1401 N. New Jersey St. Haines' busl ness address was given as Stew&rtCarey Glass Company. The Governor and his attorneys arrived shortly before 9 a, m. Court convened about 9:15. McCray appeared in court with the same status as a private citizen charged with committing a crime. The special oharge against him, selected from fifteen indlctmens, containing approximately 200 separate counts, was that of diverting to his personal use $155,000 of the funds of the State board of Agriculture. The State charges the money was In tended for deposit in the Discount and Deposit State Bank of Kentland, of which McCray was presidentThe Governor appeared in court ■with a corps of attorneys, ready to fight every inch of the way to establish his innooence. He will contend the money was loaned to him by the board. The State has issued subpoenas for approximately 100 witnesses, including public officials and former officials. The Governor’s counsel included James W. Noel, John C. Ruckelshaus, Ryan, Martin Hugg and George W. Barnard. The State was represented by Clarence W. Nichols and Eph Inman, loth special prosecutors appointed for the case. Hard Battle Expected It is estimated the trial will last three weeks. It is expected to be one of the hardest fought legal battles In the annuls of Indiana criminal cases. It Is the first time in the history of the State that a Governor during his term of office has been called on to defend himself against criminal charges. Both embezzlement and larceny are felonies and carry with them prison sentences upon conviction. The trial is the first of two criminal cases in which the Governor must appear as defendant. The other trial will open in Federal Court April 21. The Governor will face a charge of violating postal laws.

Service House, 2440 W. Ohio St. Several hundred girls took part. Mrs. O. E. McMeans, executive secretary, directed the ceremonies. Girls giving the "hand sign” are Miss Mildred Goucher, 8 S. Belle Vieu PI.; Miss Martha Carmichael, 130 S. Neal Ave.; Miss Ruth King, 3033 Jackson St.; iss Thelma Royster, 2522 W. Washington St.; Miss Mary Berry, 29 S. Addison St., and Miss Ruby Kemp, 274 N. Bejle Vieu PI.

2457 N. Dearborn St.; Mike Poliak. 3044 W. Tenth St.; Henry Garris, 933 Harrison St.; Owen Snyder, 2024 Mabel St.; Kenneth W. Husted, 1739 N. Rural St.; Robert Keohoz. 2237 N. Capitol Ave.; Francis Abell, 747 Woodlawn Ave.; Harry Krich, 1369 Oliver Ave. Earl Ourengasses, 2501 E. Washington St.; Howard Clark, 126 S. Third St., Beech Grove; William Montgomery’, 424 W. Norwood St.; Kenneth E. William*. 1706 Olive St.; Cleo H. King, 8605 E. Vermont St.; Dnvid Marshall, 1648 Park Ave.; Lester Bl;tnchard, 4607 Winthrop Ave.; Lloyd Reed, 2630 N. Olney St.; Edward F*inchum, 225 S. Collier St.; Harlan Marshall, 2240 N. Dearborn St.; Ralph Earl Wichtman, 2172 Oxford St. Any boy or girl under 16 years of age is eligible to enter the contest. The local champion will be sent to At'anatlc City—all expenses paid by The Times—where he or she will compete with the local champions from other cities, picked in games conducted by Scripps-Howard newspapers. In addition to the seashore trip, the local champion will receive a bicycle as a prize, and many aditional tokens. Watch the Times for further an nouncements. In the meantime sign your entry blunk. Births Girls Earl and Helen Belles. 927 N. Pennsylvania. Lee and Minnie Joeltn, 0324 Central. Ralph and Sopha Beckwith, 425 N. Dearborn. Oscar and Marxaret Harris, 2450 Ethel. Elijah and Etta Rosenbaum. 122 E. Michigan. Carl and Helen Wilde, Methodist Hospital. Merrill and Edna Schneider, Methodist Hospital. Joseph and Catherine Sauter. 1305 Finley. George and Lydia Bynum, 997 Parker. Robert and Sarah Phelps, city hospital. Boy l Herbert and Mary Engle, 4022 Boulevard Pl. Lawrence and Stella Zinken, 418 N. Tacoma. Charles and Freda Keller, 1227 St. Peter. Domenico and Margherita Sautarossa, 833 N. Pine. LaPearl and Elsie Woodworth. 814 Virginia James and Bertha Hartley. 1161 N. Belle Vieu. Albert and Sophia Danntn, Clark Blakeslee Hospital. William and Ruth Clark, 2700 Olney. Thomas and Vena Bridges. 1924 Alvord Place. Marvin and Blanche Allen. 819 W. Walnut. Samuel and Dorothy Rodgers, 2360 Cor nell. Joseph and Gertrude Gootee, 415 Grand. Ben and Amanda Nichols, 2138 Ringgold. Edmen and Mattie Johnson, city hospital. Lseter and Estelle Baugh, city hospital. Coe and Marie Bilbrey. city hospital Deaths John Johnson. 20, city hospital, acuta meningitis. McKinley Mitchell. 28. city hospital, general peritonitis. Dannis Joseph Corcoran, 14 days, 2856 Paris, acute gaetro enteritis. Nancy Jane Anthony. 70, city hospital, hypostatic pneumonia. Louise Blackwell, 57, city hospital, broncho pneumonia. Jessie Chappell. 7. city hospital diphtheria. Infant Sutton, 8 hours. Methodist Hoepital, inanition. Ellen Elizabeth Stewart. 83. 1227 Brookside. broncho pneumonia. Susie Cora MeConnaughay, 42, Methodist Hospital, encephalitis. Rebecca Shaw, 81. 2197 Duke, influenza. Frank W. Keeler 03. city hospital, fractured skull, accidental. H. Kirke Howe. 56. State Life Insurance Cos., acute dilatation of heart. Frances Marion Betiefiel. 85, 427 S. Gray, broncho pneumonia. Vera Dagg-y, 31. St. Vincent Hospital, fractured skull, accidental. Jane M. Heckar. 64. 2829 Stewart, mitral Insufficiency. Mary Jane Oliver, 17 days, 1514 Dawson, broncho pneumonia. Orpha May Harrell, 1 months. 1132 S. Pershing, broncho pneumonia. Herbert Wm. Vount. 2. 325 N. La Salle, diphtheria. Harriet M. Quick. 42 Methodist Hospital, general peritonitis. Bessie Humphries, 44. city hospital, lobar pneumonia. Anna E. Meyer, 49, 323 W. Thirtieth, cerebral hemorrhage. Margaret Alice Marx, 2. Methodist, acidosis. Mary E Collins. 76. 821 Division, cerebral hemorrhage. Amazons at Scratch She (angrily)—Don’t you think that women, if called upon, could fight? He (deprecatlngly)—l suppose they could —If it came to the scratch!— i Good Hardware.

DAUGHERTY CALLED FIGHT PLOT HEAD (Continued From Page 1) he said a friend knew the secret service man who was ‘apparently looking for a shake down.’ Showed Him Photo “During this first visit Muma showed me an autographed photo of William J. Burns taken about fifteen years before. It was torn in the middle and pieced with plaster. Muma said Burns and Daugherty were old friends of his. He had two letters from Daugherty which he showed me. In each of the letters the salutation was ‘My Dear Muma.’ “What did the letters say?” “In both cases they were apparently answers to letters sent to Daugherty by Muma. They were in connection with someone getting promotion in the Postoffice Department, I think. “When I went back to Albany I prepared to write a report on the Demp-sey-Carpentier fight pictures when Speliacy got me and told me. very excitedly, that Muma was ruining the conspiracy to show the pictures. Spel lacy said Fred Quinby was getting excited over an investigation being made by a department agent named Navarro. Speliacy gave me to understand that Attorney General Daugherty was behind Muma and he wondered what we should do.”

Statement Is Confirmed “The statements that Muma made to Speliacy later confirmed by you?” “Yes.” “What was the nature of the statements?” “He accused the attorney general with being the head of the conspiracy and Burns with aiding and abetting it.” “Why didn’t you report it?” asked Wheeler. “I wanted to find out about the creditability of Muma. I came to New York again and went to see Muma to find out who was behind him. I told him I understood a big newspaper man was behind the conspiracy to distribute the fight films. Speliacy had previously mentioned Edward B McLean, publisher and friend of President Harding.” Holdridge did not Identify “Speliacy.” Senator Wheeler, in examining F. C. Quinby. New York picture man, Saturday, however, asked if he knew “Speliacy,” connected with the Department of Justice. Reads From Book Holdridge refreshed his memory by reading from a personal memorandum made at the time and continued as follows: “I read the report to Muma I was going to make to the Department of Justice and Muma told me this story; ‘On or about July 4, 1921, Mr. Muma left New York for Washington, acting on arrangements previously made, with copies of the freshly developed films. He didn't explain with whom he made arrangements, but said he had everything fixed.” Subpoenas have been issued for Tex Rickard, fight promoter, half-owner of the fight films; Jap Muma, New York correspondent of the Cincinnati Enquirer, and William Orr, New York, both Interested in the pictures. Fred C. Quinby, producer of the pictures, testified Muma told him he was a friend of Daugherty and Smitli and to go ahead and show the pictures. The committee has not yet decided to summon Jack Dempsey and his manager. Jack Kearns, who shared in the profits of the films. Quinby said the syndicate made $125,000 on the deal. DOME INQUIRY NEARS END Criminal Proceedings Against Three Principals Is Promised. By United Frets WASHINGTON, March 17.—With court proceedings begun, one member of the Cabinet ousted and another under fire, the Teapot Dome committee today approached the end of its sensational Investigation. This is what five months’ probe of the leasing of naval reserve lands b>v former Secretary of the Interior Fait has accomplished: 1. Institution of court action to cancel the leases and promise of criminal proceedings against at least three of the principals. 2. Resignation of Secretary of the Navy Denby, who signed the leases, and investigation of the official acts of Attorney General Daugherty now under way by a separate Senate committee. 3. Testimony showing A. B. Fall, who leased the reserves, got big loans from E. L. Doheay and later from Harry F. Sinclair.

HOGUE APPROVES AUTOS I x-gal Difficulties Block Move to Eliminate City-Owned Cars. Just when city councilmen believed they could take steps to eliminate city-owned automobiles, legal difficulties loomed today to prevent it. The council safety committee had recommended that salaries of building inspectors be Increased S3OO a year and that they be ordered to maintain their own automobiles for city work. But the city building department is not included In the car-owning list. Asa result, Joseph L. Hogue, city controller, today recommended passage of an ordinance appropriating $2,300 for four cars for Inspectors Council meets tonight. TENANT OUSTS LANDLORD Police Say Shots Are Fired In Areument Over Rent. Lewis Fitch, 1025 S. Pershing Ave . was arrested after an argument with his landlord, Luke Kansel, 712 Madison Ave., today, police said. Fitch thought his rent too high and ordered Kansel out of the house, lt Is alleged. Two shots were fired, according to officers. Boy May Irose Foot Cecil Coyle 17, of 227 N. Holmes Ave , may lose his right foot as the rosu t of an .accident at the Belt Railroad and Harding St., today. Aeording to police, Coyle slipped under the wheels of a box car as he attempted to climb aboard on his way to work. He was taken to city hospital.

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