Indianapolis Times, Volume 35, Number 288, Indianapolis, Marion County, 15 April 1924 — Page 11

1 L -h&UAI , Al'lU-Li 10, 1^24

‘OVERSOLD’SEEMS TRADE CONDITION > INSTOGKNIARKET Average Traders and Professional Operators Are Bearish, SHORT INTEREST LARGE Baldwin at New Low, While Studebaker and Can Rally. The WALL STREET JOURNAL NEW YORK, April 15—Stocks gave evidence of an oversold condition in the early dealings. Although Baldwin Nvent into new low ground for the year at 109%, Studebaker rallied more than a point and American Can was in good demand above 97. Despite the orpission of the Kelly Springfield 8 per cent preferred dividend, the com- I mon showed only a fractional loss at 13<%. Business news was more optimistic, pig iron bookings last week totaling close to 4,000 tons, the best weekly showing in the past month. First Houi P Leading industrials held well in the first hour despite further bad breaks in the rubber shares as a result of the passing of the Kelly-Springfield preferred dividend. Under cover of weakness in the rubber group, however, extensive short coverings appeared to be ; in progress in other sections of the list. Floor traders, commission houses, ; average traders and big professional j operators are bearish and the short in- | tereet in the market is large. Houses that make a business of lending stocks , to shorts say the demand is heavier than it has been in years. Second Hour Stocks developed rallying tendencies in the second hour following publica- j tion of estimates of the heavy short interest which stated that some au- j thorities in placing the uncovered bear contracts at 2,000,000 shares fell a niilion shares shore of the actual total. Another source of uneasiness to shorts * was the information that hereafter there will be a smaller supply of stocks in the loan crowd as a result of an agreement among commission j houses. Studebaker came back 2% points ! from Monday's low of 82 while Can ■ rallied to 98%, a recovery' of more than j a point. Twenty average industrial stocks i Monday averaged 59.91, off .87 per j cent. Twenty average rails averaged j 80.55, off .83 per cent. I Local Bank clearings P Indianapolis bank clearings T £3.211.000: bank debits were $6,624,000. ? Foreign Exchange BV NEW f VO ft K." Apr il 15—The leading foreign exchange rates were iregular at tne opening: Sterling, demand. 54 -.4 4 : capless| *4.34au Francs, demand. 0.06 ‘ac: cables, 6.17 c. Lire, demand. 4.45 c: cables. 4.45 Vc. i Belgium, demand. 5.33ViC; caber. .>.3*** Marns demand. 4.500 billion to the dollar. Ciecho demand. 2 96 , a c: cables. 2 07c. Swigs demand. 17.58 c: cables 17 00c. Guilders. demand. 37.15 c: cables. 3,. 18c. Spain, demand 13.62 c: cables 13.64 c. Sweden, demand 26.38 c; cables 26.40 c. Norway, demand. 13.76 c; cables. 13.80 c. Denmark, demand. 16.53 c: cables 16.37 c. New York Money Market B *ViW* e< VOKK n April 15.—Call money a*. • renewed at 4% per cent and held at 1.5* level through to the afternoon. •Time accommodations were quoted little changed from yesterday. Broker* bid 4 4 per cent for sixty to ninety -day loan?. Oilers were plentifu lat 4%, per cent. About the same range ruled for the later maturities. , . ... Commercial paper was quoted at 4 4 per cent for prime name", with other good •names at 4 % per cent. The market was quiet.

Business News

NEW YORK. April 15.—G. W. Lawrence, former president of the New 1 ork Coffee and Sugar Exchange, returned from South America, said: "The coffee situation it the moment is very trying. Consumption has overtaken production and qu,. lty ottering i$ very poor as well limited, owing to restrictions imposed by Brazilian government on daily receipts. Prospects for the .next crop are poor and a large crop to 10l- ; ■ow the coming one us essential to keep fprices on reasonable basis. Shortage of ,abor ia also a very serious factor.” ROME —Negotiations are near conclusion for an Italian loan to Jugo-Slyvia of 600.000.000 lire to alleviate the monetary crisis there, according to a Belgrade dispatch. General Bodrero, Italian minister in Belgrade. succeeded in removing all difficulties to arranging the loan. NEW YORK—On Feb. 1 the average level of food prices in Great Britain has risen to 77 per cent above July. 1914. and the "all items" Index figure to 79 per cent — two points above the previous month, according to official statistics just received by the Bankers Trust Company of New York from its British information service. NEW YORK—Fifty-four stocks listed on fe* big board are quoted ex-div. today. NEW YORK —Further cuts in refined sugar prices were named today following the cuts of yesterday. Pennsylvania Sugar reduced prices 10 points to 7.80 cents, while American Sugar cut then' previous quotation 10 points to 8 cents. Tank Wagon Prices (Gasoline prices do not include State tax of 2c a gallon.) GASOLINE —Enc-rgee. 22c a gallon; Purol, 18.2 c; Red Crown 18 2c: Diamond Gas. 18.2a; Crystal Pep. 21c: Target. 18.2 c; Silver Flash 22c; Standolind aviation. 23c. KEROSENE —Crystaline 12.7 c a gallon: Moore Light. 16.6 c; Arclite, 12.7 c; Perfection. 12 7c: Solvent, 35c. NAPTHA —Lion Power Cleaners. 22.6 c a gallon: V. M. & P.. 25.5 c; Standolind Cleaners, 22.5 c. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift & Cos.: Ribs —No. 2. 30c; No. 3.17 c. Loins—No. 2,25 c: No. 3.18 c. Rounds—— 18c: No. 3.10 c. Plates—No. 3, sc; No. 1,7 e. I Raw Sugar Market ~Bv United Financial NEW YORK April 15.—Raw sugar opened lower with May, 422 7. 4.25; July, 4 42®4.47c; September. 4.380 4.42 c. Cloverseed Market Local dealers arc paying Slo<ftl2 a bushel for clorerseerl 33 MOTOKCyV i.ES, liH H LES GOOD bicycles S8 and up; tires. S2 and up. 940 Mass Ave. 84 AUTOMOBILES FOR KENT RENT A NEW CAR. U drive it. 137 H. W&baab. Circle 3000.

New York Stocks (By" Thomas & McKinnon) ——— —April 15—

Railroads— At Prev. H‘gh. Low. 12:45 close. Atchison 9!) % •• • 99 4 99 B& 0 53 • 52% 52% 52% C & 0 71% 70% 71 71 C& N VV... 51% 51%. 514 51% C. R & P.. 23% ... 23% 23% Erie Ist pfd 31% 31% 31% 31% Gt North pfd 56 65% 56 56 Lehigh Valley 41% 41 41% 41 Mo Pac pfd. 39% ... 39 39% X Y Central. 100 99% 100 99% Nor Pacific . 50% 50% 50% 50% Norfolk iW. 128% 126% 127 127 Pennsylvania. 44% 43% 44 44 Reading 52 % ... 52 V. 55 % Sou Railway 53 % 52 % 52 % 52 % Sou Pacific. . 88% 87% 87% 87% St. Paul pfd 25% 25% 25% 25% U Pacific 129%' 128% 129% 128% Wabash pfd. 44 % ... 44 % 44 % Rubbers— Kelly-Spr '13% 12% 13 14% U S Rubber. 28 25% 25% 28% Equipments— Am. Locomo. 70% 70% 70% 70% Baldwin L0c.110% 109% 110% 109% Gen Electric. 211 % 209% 211 208% L'ma Locomo 57% 57 57% 67% Pullman .. .114% ... 114% 114 Wtsliugh El. 60 59% 80 59% Steels— Bethlehem ..49% 48% 49% 48 Colorado F.. . 29 % 29 29 Crucible .... 51% 50% 51% 52 Gulf States.. 66% 65% 66% 66% R. Iron & S.. 45 % 45 45 % 44 % U. S. Steel.. 96% 95% 96% 95% Minings— Gt Nor Ore.. 27% ....... 27% 27% Int Nickel... 12% 12% 12% Copper*— Am Smelt 60% 58% 60% 59 Anaconda . . 33 % 32 % 33 % 32 % Kennecott . . 36 % 36 % 36 % 36 % Motors— Chandler M.. 43% 42% 43 42% Gen. Motors. 14% .... 14 14 Max M (At.. 39% 39 39% 39%

BEARS HAMMER OILS AND GLEN ALOEN COAL Curb Market Is Shade Easier in Early Trading. By United Finaucial NEW YORK, April 15.—The curb market was a shade easier at the opening, though the South American oils, led by Lago, showed fair strength. The announcement yesterday that British interests had purchased further hogs in Lago brought out new buying. Active curb stocks continued heavy during the early dealings. Bears pounded the oils again, with few of the Standards or independents spared. The South American oils, under leadership of Lago Petroleum held steady to firm. Bears concentrated on Glen Alden Coal, which had enjoyed a fair rally Monday. The entrance of the British-Mexican Petroleum into the affairs of Lago Petroleum places the former In a better position to supply steamship companies. At the same time Lago is assured of an outlet for the great production which may develop In her Venezuelan properties. CHANGE IN POWER RATE IMPROBABLE v Order of Commission Expected to Stand, No changes will be made in the electric power rate order of the public service commission, affecting schedules of the Indianapolis Light and Heat Company and the Merchants Heat and Light Company, commission officials indicated today. A letter from the Chamber of Commerce in protest against alleged increases in power rates, was received by John W. MeCardle, chairman. The commission order, effective Feb. 1, cut energy rates 5 per cent, authorized 5 per cent discounts on total of bills and left demand rates unchanged. The annual reduction was said to total $350,000.

CONVALESCENT IS TAKEN FROM FIRE Woman Is Carried to Home of Neighbor. When flames threatened her home at 7 a. m. today Miss Mildred Sheldon, 24, of 2349 Central Ave., recovering from an attack of scarlet fever, was carried to the home of John Stickle, 2344 Central Ave. The fire, of unknown origin, damaged the double dwelling occupied by the Sheldons and Mrs. Myrtle Wrennick, 2347 Central Ave., to the extent of $2,000, fire officials said. Families in adjoining houses fled when fire threatened their homes. Fire of unknown origin caused $2,000 damage to the home of the Rev. Albert J. Spaulding, 6143 Bellefontaine St., late Monday. Spaulding said household goods were damaged $2,000 also. An oil stove explosion in a rooming house operated by Mrs. Lucy Treat at 415 W. Ohio St., early today drove occupants from the house In their night clothes. No one was injured. Fire officials set the damage at SSOO. RULING ON WARRANTS Judge Collins Makes Two Important Decisions on Technicalities. Milton Freese, arrested and charged with illegal possession of a still when officers raided his home at 1309 E. Eleventh St., was found not guilty by Criminal Court Judgs James A. Collins today and discharged. What lawyers said w T ere two important rulings on Mechnicalitles in search warrant law's were made, resulting in tho freedom of Freese. "Ralph E. Updike, judge of the city court, P. TANARUS.,” should have been written with the P. T. spelled out ‘Pro Tern,’ Judge Collins ruled Judge Collins also ruled that Federal officers can swear out legal search warrants in SLOe courts, for use iii Slate courts. In the Cotton Market By United Financial NEW YORK. A evil 16.—Cotton futures opened steady, with May, 30.10 c. up 10; July. 28.700. u 8: October. 25.15 e. up 12, and December, * 5.68 c. up 10.

Frev. High. tow. 12:45. clo* Max M (B).. 10% . .. 10% 10% Studebaker.. 84% 82% 83% 82% Stewart-W. .. 69% 68% 68% 70% Timken .... 35 % 35 35 % 35 % Willys-Over... 8% 8% 8% 8 Oils— Cal. Petrol.. 23 22% 22 % 22% Cosden .... .33% 31% 32 33% Houston 0i... 67% .... 64% 67% Marland Oil.. 36 .... 35% 36 P-Am Pete.. 46% 49% 46% P-Am P (B) 44% 43% 44% Pacific Oil ..'•#)% 47 % 49 % Pro & Ref.. 27% 26% 27% Pure Oil ~. 22% .... 22 22% S. Oil of Cal 59% 58% 58 % 59 % S. Oil of N. J. 36 i 36% 3b% Sinclair .... 21H $. . . 20% 21 % Texas C 0.... 41% .... 40% 41% Industrials— Alied Chem. 06% 65% 60% 06% American C... 98% 97% 98% 97% Am Woolen.. 67% 66% 66% 67 Coca Cola 67 66 67 66 % Crnt .Can..'.. 45 44 44% 45 Davison Clem -12% ... 41% 42 Fam Players. 67% ... 60% 67% Gen. Asphalt. 35 .... 34 34% Int Harvester 81% ... 84 84% Mont Ward. .24 % ... 23% 24% Se’rs-Roebuck 83% 82% 83 83% use Iron P 72 71 71% 71 U S Ind Aleo 66% . . 05% 65% Wool worth .309 305% 308 305 Utilities— Am T and T. 126% ... 120% 126% Consoli Gas. .61V* ... 61 % 61 Columbia Gas 33% ... 33% 33% Shipping— Am Int Corp 20% 20% 20% 20 Int M M pfd 32% 31% 31% 30% Foods— Am Sugar... 44% 43% 43% 44 Am B Sugar 37 % ... 37 % 38 Com Prod... 163% ... 163% 103% C C Sug pfd 55% 51% 55 56% Cub-A Sugar. 31% 30% 30% 30% Pvnta Alasrre. 56 ... 55 % 56 %

WHEAT EASES OFF IN EARLY TRADING All Grains Start irregular on Board, By United Financial CHICAGO. April 15. Grains started irregular on the Board of | Trade today. Wheat prices eased off j at the start, induced by weakness in j Liverpool and small export business. | Crop advice were generally favorable ! Heavy liquidating, in May a feature in yesterday's late trading, continued | at the opening. These tales were re placed in deferred deliveries. The, large amount of wheat and flour afloat j hung heavily over the pit. Corn was without any distinct factors which would tend to move the | market lr. either direction. Prices, however, slumped slightly in sym , pathy with wheat. Ali regions predict; an increased corn acreage and this with light export business and diminished feeding demand received qon- ( siderable attention. Oats ruled steady, lacking any features. The general cash business eased off. Provisions started steady j with hogs and cables. Chicago Grain Table —April 15— WHEAT— Prer. i Open. High. I.ow. Close, close. May .1.01 % 1.01% 1.01% 1.01% 1.01% July .1.03% 103% 103% 1.03% 103 % Sept. .1.04% 1.04% 1.04% 1.04% 1.04% CORN— May . .77 .77 .76% .76% .77% 1 July . .78% .78% .77% .78 .78% Sept 78 .78 .77% .77% .78 OATS— May.. .46% .46% 46% .46% .46% Julv.. 43% .43% .43% 43% 44 Sept.. .39% .40% .39% .40.40 LARD—May. 10 95 10.95 10.90 10.92 10 91 RIBS— May.. 985 987 0.80 9.87 982 RYE— May.. .65% .65% .64% .64% .65% July.. .07 .67 .66 \ .68 % .67 CHICAGO. April 15.—Car lot receipt* were: Wheat. 42: corn. 100; oats, 63: rye. 5; barley. 30. Grain Briefs CHICAGO. April 15. in AJ received 3 to 4 cent* les for tTeJr wheat, than did farmers in the Saskatchewan district because of operations of the Alberta wheat pool, the Royal Grain Commission wa* told. There is no pool In the Saskatchewan district. Advice* from the central wheat producing area indicate an increase in unfavorable crop news may be exeepted when good growing weather develops. Leading oats holder* are sitting tight and will not reduco their lines expecting to hold for delivery on May contract unless higher prices develop. Spring wheat seeding is pretty well under way throughout the Northwest. Barring unusual weather seeding in tha Dakotas and Minnesota will be practically completed by next week. Indications point to a larger acreage for corn. There arc fewer cattle and hogs on feed than last year. Eastern demand is disappointing. but there appeared to be good general demand from the,“Southwest.

Produce Markets

INDIANAPOLIS. April 15.—Fresh eggs, loss off. 20c; packing stock butler, 250: springs. over 2 lbs.. 230; fowls, 4 H lbs. up, 23c; fowls under 4 H lbs., 18c: Leghorn poultry. 25 per cdht discount; cocks, 13c; stags, 18e; young tom turkeys, 12 lbs. up, 24c: young hen turkeys, 8 lbs. up. 24c: geese. 10 lbs up, 12c; squabs, 11 lbs. to the doi., $5.50: old guineas, doz.. $4.50. Indianapolis creameries are paying 52e per pound for butterfat. CHICAGO. April 1 s.—Butte 13.895: creamery. 37c; standards. 37 Ho: firsts, 35@35Mic; seconds, 34® 34 Vac. Eggs —Receipts. 42,110; ordinaries, 20lac; firsts. 21 %@ 22c. Poultry-—Receipts. 4 cars: fowls. 23H024Hc; clucks. 28c: geese. 16o; springs, 29c; turkeys. 22c; roosters, 18c. Potatoes— Receipts. 275 cars: Wisconsin round w'hites. $1.25 0 1.60; Minnesota and North Dakota Red River Ohios, $1,26 0 1.45: Idaho russets. [email protected]. CLEVELAND. April 15.—Butter—Extra, in tubs. 40H <S42V4c; extra firsts. 89 H @ 41 Vic; firsts. 37H @39He: packing stock. 26® 80c; standards. 39H@41H0; prints, one cent extra. Eggs—Fresh gathered northern extras. 27c: extra firsts, 26c; Ohio firsts. 24c. ewestem firsts, 28 Vic. Poultry —Live fat fowls. 27 @ 28c; springers. 27 0 28c: Leghorn fowls, 26c; roosters. 18019 e: gorae. 21® 22c: heavy white ducks, 80@ 35c: medium fowls, 25 @ 27c. Potatoes— Michigan round whites, $2 @2.25: Minnesota whites. $1.3001.50: New York, $2.25 I @2.35: all in 150-pound bags: Ohio sl.lO a bushel; California, new, s3® 3.25; box Bermudas, new, sls 016. NEW YORK. April 15.—Flour—Dull, unsteady. Pork—Quiet; mess. $24.75 @25.75. Lard—Steady; mid-west. spot.. $11.35® 11.46. Sugar—Riw, easier; centrifugal. 6.030; refined weaker; granulated. 8 @ B.loc. Coffee —Ulo spot. 15%o; Santos No. 4, 18% 0 1914 c. Tallow—Dull; special to extra. 7V4 @74e. Hay—Steady; No. 1. $1.45; No. 3. $1.1001.15. Dressed poultry—Firm: turkeys. 20 @36*; chickens. 22®48c: capons, 32®50c: ducks. 200 20c: fowls. 200 32c; ducks. Long Island. 22@260. Live poultry —Sternly geese. 14® 15c; ducks, 13® 30c; fowls. 260320: turkeys. 40®50c: chickens. 27®35c; capons, 40®50c; broilers, 400 65c; all via express. Cheese—Easier; State whole milk, common to special. 16®25c: State skims, choice to specials. 11016 c; lower grades. 4 0 10c. Blitter —Steady: receipts. 12.296: creamery extra, 38 0 38Ho; special market, 38% @39He; State dairy, tubs. 33® 38c: Danish. 38H @39 Ho: Ar-gent-re. 33@38H0. Eggs—Firm: receipts. 83,089; nearby white fancy, 36® 37c; nearby State whites. 26® 35c: western 1 whites. 36® 35c; Jreeh firsts, 24® 29c; Pacific coast. 26037 c; nearby brown. 30032 c.

THE INDIANAPOLIS TIMES

PRICES FOR HOGS ADVANCE! $7.85 Trading of Active Variety at Local Yards, Ilog Prices Day by Day Apr. 250-300 lbs. 200-275 lbs. 150-180 lbs. 9. 7.1*0 7.70 7.70 10. 7.00 700 7.60 11. 7.70 7.70 7.70 12. 7.70 7.70 7.70 14 7.70 7.70 7.70 15. 7.80 7.80 7.80 Hog prices made a 10 to 15-cent advance in trading at the local livestock yards today. Showing more signs of strength than for several days, trading was of the active variety and hogs commanded a figure of $7.80, with a top price of $7.85 for choice lots, as compared to the bulk of Monday’s sale made at $7.70. Although bulk of the offerings made cnly ,a 10-qent advance over the previous day’is top of $7.75, the market was being freely quoted 10 to 15 cents higher. The sharp market was attributable to a good shipping demand and the activity of local packers, to Monday’s strong close locally and higher quotations from outside markets. Bulk of the offerings were cleared early, and it was predicted the market would show as strong or probably a stronger close than on the first day of the week. A better demand marked buying in the pig division and this class was selling rapidly at $7.26 down. Sows were in good demand at $7 down, with the bulk probably at $7.86. Receipts in the truck division were larger than usual, in line with the improved condition of country roads. Hogs in the yards: 8,000, inclusive of 275 left from Monday. The cattle market held generally steady with quotations slightly off for heifers, due to*an unusually large run in this class. A top of sxl was probably the top offerings for choice steers although the high mark of the season was set Monday when four very choice head of heavyweights sold for $11.50. Cows and heifers sold for $6 to $9. Receipts, 1,300. The market for calve* Jn;\A a slightly better undertone, although prices ruled generally steady with Monday when bulk moved at sll to $11.50 and a few choice commanded sl2. Offerings were moving satisfactory although not a great demand Is expected again In this division until the passing of the present week. , Following several days of rather Inactive tradihg in the sheep and lamb division on account of very light receipts, this class of stock dropped 50 cents to $1 lower when the market was given a test with receipts estimated at 300. Top price for sheep was quoted at t 10.50, jus compared to sll, which lias held good for several days. Lamb top was nominally $16.25. Spring lambs were off a dollar at s2l. —Ho**— Choi-a lights 5 7 80 Light mixed ‘BO Medium mixed 7 80 Heavyweights < 80 Bulk of soles 2 59 Tot 7 86 Packing sows - § JJO® 229 pig* 6 25 0 7.25 ■ “-C ft ttJ ftPrime corn-fed steers 1.000 to 1.800 lb* * 9 00(31100 Good to choice sierra, 1,000 to 1.100 lbs 8 50 a 800 Good to choice steers 1,000 to 1.200 Hi* 7 003 7 50 Good to rhoics steers 1.000 to 1,700 ib# 6 05 0 7.50 Common to medium steer*. 800 to 1.000 lint 6.00(0 700 —Cow* and Heifer*— Good to ltrht heifers ..... $ 6 000 900 Good heavyweight 7.05® 800 Medium heifers 0 00(3 7.00 Common cows 3 00® 600 Fair cows 6 00® < .25 Cutters 2.75® 3 25 Conners 2.75 0 3.75 —Bolls— Fancy butcher bull*. .. . . 5 5 00® 600 Good to choice butcher bulls 5 00® 550 Bologna bulls 4.264s 4 75 —Calves— Choice veals $llOOOll5O Good veals . . [email protected] Lightweight veals 700 ® 800 Common heavies 5 00® 700 Top 12.00 —Sheep and Ijunbs— Extra choice lambs 514 00 0 16,25 i Heavy limbs 10.00013.00 S Cull 1a,., is 6 00® 10.00 i Good to -holes ewes 5 00011 00 Culls 300® 5.00 Spring lambs 21.00

Other Livestock CHICAGO. April 15.—Cattle Receipts. 10.000; market for beef steers and fat she stock generally steady with Monday's uneven deellne; comparatively few weighty steers here; best held above sl2: bulk early. $8.25010.75; bulls steady. 15c <>fl: bolognas ]oc off ; veal calves slow at $8 @9. mostly weak to lower, quality considered. Sheep— Receipts, 18.000; mnißt slow; fat lambs steady to weak; shee;c steady to 25a off: loss mostly on clipped kinds: good fat wooled lambs early. $16.25: bulk dipped lambs early. $13.75 0 14, some held higher: fat wooied ewes in odd lots early, sl2; good to choice clipped ewes. $10: bulk spring lambs, $14017: one odd lot special order, s2l. Hogs—Receipts. 26,000; market moderately aotlve. s@loc off; top, $7 65; bulk of sales, $7.3007.60; hesvyweights, $7 3507 65; medlumwelghts, $7.3507.60: lightweights. $707.60: light lights, so® 7 40; packing sows, smooth. $6.850 7; packing sows, rough, $8 8506.86; killing pigs, $4.7506.50. TOLEDO. April 15. Hogs—Receipts light: market atesdy to strong: heavies. $7.7507.85; mediums. $7.9008; yorkers. $7.76 07.00; good pigs, $6.5008.75; calves market steady Sheep and lambs—Market steady. Butter —42® 43c. Eggs—22 0 240. Hay—s3o. CLEVELAND, April 15.—Hogs—Receipts. 2,500; market, steady; Yorkers. $8 10: mixed. $8 10: medium. $8 10; pigs. $7.25; rou4%*. $6.25: stags. $4.50. Cattle—Receipts. 200; market, steady;, rood to choice steers, unchanged. Sheep and lambs—Receipts 600; market, steady; top. sl4 75. Calves—Receipts. 200; market, steady top, $13.50. CINCINNATI. April 15.—Catt.e Receipts, 400; market steady; steers, good to choice. SBOIO. Calves—Market weak. 500 lower; good to choice. $lO @l2. Hogs Receipts. 4.500; market lower. Good to choice packers and butchers, SB. Sheep— Receipts, 200: market steady; good to choice, $7 @lO. Lambs—Springers weak; others steady; good to choice. $16017; springers, $25 down. PITTSBURGH. April 15.—Cattle Re ce(Vts light; market steady; Choice. $8 76 @10.50; good. $8.75 09.60: fair. $7,26 0 8; veal calves. sl3 013.50. Sheep anil lambs—Receipts light; market steady: prime wethers. $10.75011; good, $10010.60: fair mixed. $809; lambs, $14.50 015. Hogs —Receipts, 10 double-decks: market steady:prime heavy, $8 0 8.10; mediums, $8.20@ 8.25; heavy Yorkers. $8.20 08.25; light Yorkers. $7.2607.60; pigs. $6.7507; rough, $606 50: stags. $3,250,375. EAST ST. LOUIS. April 15.—Cattle—Receipts, 4,500; market bidding lower; native beef steers, no sale; yearling and heifers, no sale; cows, $606.25: canners and cutters. $2.35 03.60; calves. $10: Stockers and feeders, $6 07. Hogs—Receipts. 18.000; market 10c to 15a lower; heavies, $7,35 0 7.60; mediums, $7.40 97.66: lights. $7,25 @7.65: light lights, $6.2507.55; packing sows, $6.350675: pigs. $5.6006.85; bulk. $7.35 07 60. Sheen—Receipts. 2,000; market 60c lower; ewes. $7.60011.75; canners and cutters, $2.5007.50; wool lambs, sl4 @16.25. EAST BUFFALO. April 15.—Cattle—Receipts, 175: market active, steady; shipping steers, $9.50@10; butcher grades. $8.50® 9.50; heifers, $2.25® 7.50. Calves Receipts. 800; market active. $1.60 lower; cull to choice, $4 012.50. Sheep and lambs —Receipts. 2,000; market active; lambs 15 @250 lower; sheep steady; choice lambs. $17017.35; cull to fair, *10016.60; clipped lambs, $9.50 @ls; yearlings, $9.76 013; sheep. $3.50011.50. Hogs Receipts. 5,600: market very Blow, steady; Yorkers, $708.16; pigs, $£.7507; mixed.

sß|ls; heavy. $8.15; roughs, [email protected]: stags, $4.50@5. PITTSBURGH. April 15.—Cattle—Receipts, light, market, steady: choice. $8.75 @10.50; good. [email protected]: fair, $7.25@8; veal calves, sl3 @13.50. Sheep and iambs —Receipts, light; market, steady; prime wethers .$10.75 @11; good. $lO @10.50; fair mixed, sß@9; lambs, $14.50@1.>. Hogs —Receipts, 10 double deckers; market, steady; prime heavy, sß@B.lo. mediums, $8.20 @8.25; heavy Yorkers, [email protected]; light Yorkers, [email protected]; pigs. $0.75@7; rough. [email protected]; stags, [email protected]. Marriage Licenses Henry C. Thurman, 31. Jeffersonville. Ind., salesman; Mayme Zimmerman, 24, 611 E. St. Clair, stenographer. Dan Gulley, 40. 1438 Park, ironworker; Belva Nichols, 84, 427 E. Market. Burl Harding. 35, 1745 Sanders, teamster; Elsie Woodruff. 46, 2310 Broadway. Herbert Jenkinson, 23. Beech Grove, electrician; Margaret Winterbottem, 24, Beech Grove. Wallace Brushmiller, 56. 1132 Ashland, shoe business; Helen Purvis, 41, 511.7 Brookside Rd.. nurse. Morris H. Kennedy, 27. 1214 N. Temple, contractor: Nello Lomax, 20, 4001 E. Washington. Frederick W. Rehfeldt, 40, R. R. E. box 199, butcher: Sarah L. Rees. 38, R. R. D, box 422, typist. Frank Drury, 18. 439% W. Washington, laborer; Mae Ladd, 18. 101 Douglas. Roy Clark, 23. 307 N. Elder, laborer: Opna Phelps, 23, 307 X. Elder. Henry Taber. 47. 504 Lord, railroader; Minnie M. Walls, 41, 604 Lord, operator. Frank Dennis. 25. 415 Tippecanoe, laborer; Anna Carter, 30. 415 Tippecanoe. Hugh G. O. Daniel. 23. 218 W. TwentyFirst. pharmacist; Clara M. Collier, 22. 1221 Hoyt, clerk. Lawrence D. Parker. 23. 1318 Fletcher, printer; Lucille V. Gauge. 20, 1902 S. Delaware. printer’s helper. George Cruse, 23. 532 Agnes. laborer; Gladys Hatcher, 22. 805 W Eleventh. Walter E. Jodan. 21 727 Fulton, tailor. Marguerite Leslie, 89. 714 E. Walnut. Births Boy* Meade and Lena Isaacs, city hospital. Bedford and Catherine Blackburn, city hospital. Ernest and Betty Adams, 2206 Glenn Dr. John and Bertie Eppo, 2400 Bond. Horace and Gessie Jones. 2746 Oxford. James and Mary Walter. Clark Blakeslee Hospital. Harry and Wilma Black. 935 N. Sheffield. Qlr!s Albert and Grace Smith, city hospital. Wilbur and Capitola Gruber, Deaconess Hospital. Maurice and Marion Stout. Deaconess Hospital. Harry and Frances Roberson. 2855 Cornell. Roy and Ethel Chamberlain. 319 E. St. Ciair. * Harley and Dorothy Cooper. Sl9 W. Twen-ty-Sixth. Joseph and Caroline Christian. 1030 Goodlet. Harold and Anna Trotter. 2280 W. Michigan. Cosker and Maud Guillen. 2435 Indianapolis. r Perry and Thelma Whetstine, 518 N. Goodlet. Leo and Cora Hellmer. 1342 N. Illinois. Roy aud Jennie Harris. 1318 Laurel. Joseph and Louise Leppert. 946 E Morris. Arvela and Beri Buggies. 833 S. Pershing. Twins William and Bertha Wright. 1440 Chester, boy and girl. Deaths Edward Ping, 57. City Hospital, arteriosderoai ■ Jessie Stewart. 24, Methodist Hospital, erysipelas Goidto Morgan, 30, Central Indiana Hospital. genera! paresis. Caroline Behreadt. 3. Methodist Hospital, general septicaemia. Luella Ferguson, 51. 758 W. Walnut, bronchia! aatmna. Louis A Steeg. 69. 225 W. New York, acute dliatatlin of heart C'ynora Turner, 1, 1473 Massachusetts, pneumonia. Paul Max Moors, 3. 201 9. Warman. dtptherls Charles T O'Donnell. 43. 2415 E. Washington, peritonitis. William Starks. 49, City Hospital, carcinoma. Anna Jones. 40. 802 Indiana, aardnoraa. Horace Payton. 44. 433 N. West, perndous anemia. Arthur L. F >w!er, 40. Methodist Hospital, pulmonary emlwlism Frank Shrader. 52. City Hoayltal. mitral stenosis Alonso Colder. 74. City Hospital, cholelithiasis

Building Permits Hoosb-r Home Construction Company, shop, 2626 Cornell, S7OO, F. E. Casaady. garage, 8220 E Tenth. $2,980. Orville Gill, garage, 010 N. Chester, S4OO. Henry W. Deuges. addition, 1222 Woodlawn. S6OO. Anna MoCathery. garage, 1800 N. Illinois, S4OO Leona Uriel, garage. 1644 N. Alabama. 5200. Yoona Erie!, remodel, 1644 N. Alabama. $1,700. Graer William*, remodel 39 Bolton. $250. Mrs. John M. Bailey, reroof, 3436 Salem. S3OO. Anna M. Ebert, reroof. 810 E. TwentyFirst, S3OO. G. W. Farrington, garage. 137 Berkley. S3OO. T A, Moynahan. boiler. Pratt and Pennsylvania, $2,000. Excelsior Laundry Company, boilers. 840 N. New Jersey. $5,000. Excelsior Laundry Company, stokers 840 N. New Jersey. $3,000. Mary G. Thompson, dwelling. 1006 S. Mount. SI,OOO. J. F. Easterday. reroof, ROS E. New York. 8200 J. F. Kaateiday. reroof, 811 E. New York, S2OO. Ray Von Spreckelsen. garage, 5119 Norway, S2OO. Bam Davis, garage. 245 N. Addison. $425. Siftn Davis, addition. 246 N. Addison. $235. Lehr * MeDole. reroof, 3009 E. Washington. S2OO. M. J. Boyer, garage. Fourteenth and Be liefont sine, $1,400. Charles W. Winkle, reroof, 1341 Montcalm, $215. John D. Brosnan, reroof, 211 N. Delaware. $290. tlaoob Wolfe, garage, 1680 Montcalm, S2OO. W. C Lancaster, dwelling. 2027 Langley, $2,1 no W. C. Lancaster, furnace. 2027 Langley. S2OO. C. M. Cope, garage. 46 N, Tremont, $325. H K„ Burton, addition. 2004 College. $250. ‘ Gertrude Telpen. furnace. 1038 S. Delaware, $335. Jesie M. Myers. double, 2241) Wheeler. $3,000 Jessie M. Myere, furnace, 2249 Wheeler. $250. F F. Sanders, dwelling. 4240 Grace!and. $3,450. F. M Champion, furnace. 8932 N. Hli■nols. S2OO. F. M. Champian, dwelling. 8932 N. Illinois, $5,100. R E. Stack, addition. 2840 Songster. S4OO. I. J. Good, dwelling, 4202 Otterbeln. $6,000. I. J. Good, furnace, 4202 Otterbeln, $246. W. E. York, addition, 38 E. Thirty-Sev-enth. $320. Val Blatx Brewing Company, sign, 1443 N. Senate. sl3. John Pruitt, garage, 854 W. Thirtieth. $260. Rink’s Cloak House, remodel. 33 N. Illinois, $960. Mattie A. Fratee. garage. 914 Parker, S2OO. Jack Shilley. garage. 2856 N. Sherman, $250. W. C. Robertson, garage, 744 Congress. $250. C. N. Bottorff, dwelling, 4853 Brookville. $4,500. C. N. Bottorff. furnace. 4859 Brookville. $285. Helen Schofield, dwelling, 451 8. Butler, $3,500, A. C. Cldhas’ furnace, 6623 Guilford, $l6O. A. C. Michael, dwelling, 5023 Guilford. $3,600. A. H. Lueckha*dt. reroof, 938 N. Beville, $250. Fred A. Bottln. addition, 1209 W. Thir-ty-Fifth, S3OO. Archie 9. Brown, garage, 1815 Jones, $321. Jessie M. Myers, double, 223 Wheeler, SB,OOO. Jessie M. Myere, furnaces, 2231 Wheeler, $260. F. W. Schwier, remodel. 737 Buchanan. $940. One-Tube Record The London (England) owner of a one-tube receiving set with an Indoor aerial of only twenty feet reports he heard KDKA, Pittsburgh, recently. His set was originally built for local broadcast reception, he says. Who Will Pay? _ The American Radio Association, Union Square, New York. Is offering a SSOO prize for the best answer to the question, ‘‘Who is to pay for broadcasting?” Answers should be in by July 20 and should not exceed 1,500 words.

GIGANTIC LIQUOR FRAUD BARED AT DAUGHERTY TRIAL % Plot Alleged to Have Been Engineered by Ohio Politicians. By United Preiis WASHINGTON, April 15. -A sensational story of a gigantio liquor withdrawal plot alleged to have been engineered by Ohio politicians at Washington was related by the Senate Daugherty investigating committee today by Cecil H. Kearns of Columbus, a paroled federtU prisoner. Kearns named Howard Mannington, once resident of the "little green house on K St.” Ralph Cole, former member of Congress, and Abe Ungerleider, Columbus broker, and William Haley as the men -who furnished the political influence to obtain withdrawal permits. Abe Ungerleider told him, Kearns said, he had contributed $50,000 to the Republican campaign fund and he had an understanding if he contributed he could get all the liquor permits he wanted or get his money back. Broached by Ohio Man Kearns said the alleged liquor deal was first broached to him by H. H. Adair, president of the Consolidated Drug Company of Columbus, Ohio. "It has been brought out here that Jesse Smith was sending telegrams to Haley,” Senator Wheeler Interjected. "I was referred to Abe Ungerleider about obtaining liquor permits,” continued Kearns. Kearns said 15,600 cases of liquor had l>een taken from warehouses in Ohio with the approval of Prohibition Director Russell, Ohio. •‘I was told Russell waa 'bought and paid for,’ ” he said. Employed Daugherty’s Partner Kearns said he employed John H. Todd, former law partner of Harry M. Daugherty in 1921 because he hgd influence with the attorney general. He paid Todd SSOO a month during his employment. Todd, he said, went to the Department of Justice and “saw certain high officials” to get information he wanted. The witness said that he was convicted of conspiracy to violate the prohibition law and sentenced to two years in Atlanta penitentiary. After serving a year and three weeks, he was released on a parole in February, 1924, signed by Daugherty and H. H. Votaw, superintendent of Federal prisons. , The liquor, Kearns said, was to be handled through the Aramand Candy and Drug Company of Cleveland. Sold 500 Barrels Kearns said he sold Ungerleider 500 barrels of liquor which he had In bond. The payment for the liquor was handled through a man named Grossman, who was later indicted but escaped to Canada. William Barnett of the Consolidated Drug Company informed him, Kearns said, that, he could get liquor out of bond. The permits were to cost sl7 a case, he said. Howard Mannington and Ralph Cole were named by Barnett as his "associates" in the liquor deal, Kearns said. Tcllm of Tennessee Deal “What do you know about the deal Jesse Smith put over in selling alcohol at the Old Hickory Powder Plant in Tennessee?” asked Wheeler "There was about 200,000 gallons of alcohol down there, but there were three deals to put across,” said Kearns. “Wasn’t Jesse Smith in on the deals?” ”1 heard he was in on a deal whereby the St. Louis Trading Company paid 3 cents a gallon for an enoromous amount and sold It for 10 cents a gallon for beverage purposes,” said Kearns.

LODGE PROTESTS SALOON SCREENING Move Started to Revive Old Measure, Movement for passage of a city ordinance prohibiting blocking of clear view from the street into saloons and poolrooms has been started by Washington Camp No. 12. Patriotic Order, Sons of America, 2808% W. Michigan Street. ) When the State prohibition law became effective, provision that saloons must keep their front windows unscreened was wiped cut. Lodge members say that saloons and poolrooms in Haughville have painted or screened windows and doors so It Is possible for occupants to see police approaching, but impossible for officers to see in. City legal department is investigating constitutiotijality of proposed measure. - ■ •*; — Winchester Residents Die By Times Special WINCHESTER, Ind., April 15. Mrs. Thomas Moore, 71, died suddenly of paralysis at the home of her son near here. • Daniel Reed. 54, died of a complication of diseases at his home three miles south of here.

Good Samaritan Loses Pants

By United Press CHICAGO, April 15—And it came to pass the Rev. Adam C. Thomassen was much embittered, for he acted the Good Samaritan and lost his top coat and pants as the result thereof. It was the day before the Sabbath, the parson told Judge Barasa, that two ill-kept fellows approached him and with signs of distress begged him for alms. He took them to his house and gave them food and spiritual comfort.

SNETHEN PLANS CONTEST School Children Asked to Write on “Value of Civic Clubs.” Edward O. Snethen, president of the Indianapolis Federation of Community Civic Clubs, today announced that he will offer sls in prizes to school children writing the best essays on the “Value of a Civic Club in a Community.” The contest is open to children between the ages of 12 and 14 inclusive. Manuscripts must not be over 500 words in length. The contest closes May 15 and all essays must be mailed to Snethen’s office, 416 Indiana Trust Bldg. Two prizes will be awarded, one of $lO and another of $5. UARRYKJAr MEETS EX-WIFE (Continued From Page 1) her counsel expected to have her in court a little later. Gump Case Mentioned The Gump case was dragged into the morning session. Thaw’s attack upon the Kansas City boy was described to Dr. Mills by Dickson and the witness said he had ignored it in his finding Thaw sane because it never, had been a matter of court record. It was decided that William Gray, representing Miss Nesbit, also should be permitted to cross-examine Dr. Mills. Gray took up anew tack, bringing out Dr. Mills’ connection with Thaw counsel on each occasion that he found Harry sane. He also pressed the witness to give an opinion about the Gump case, which he described in great detail, and whether the facts, if true, would not affect Dr. Mills’ opinion as to Thaw's present sanity. “Not in the least," admitted the witness. Gray als oasked if the fact that Thaw had been adjudicated insane by seven different tribunals would not affect the witness’ opinion. No Sign of Insanity The case of a certain Mrs. Merrill, alleged to have procured a young girl for Thaw to beat was recited to the witness and asked if this would not cause hi into reconsider. Ke said he didn’t consider sexual perversion a sign of insanity. For a time Harry and Evelyn were seated so close to each other the tension in the court room could almost be felt. Seven witnesses, clergymen and others who have visited Thaw at the Pennsylvania hospital for nervous and mental diseases, during the past seven years of his confinement, were called. There was little or no crossexamination and those called said they believed Thaw sane. Arthur Dickson, attorney for the committee on the Thaw estate, also opposing the release, opened the day’s proceedings with resumption of crossexamination of Dr. Mills, alienist, who testified Monday Thaw was sane. Questioned on Sex Dickson asked Dr. Mills if he did not consider Thaw’s answers to certain questions asked by the alienist when examining the millionaire lunatic, showed undue Interest In sex matters. Dr. Mills Insisted he did not think so and he considered Thaw normal. The rabbits which featured Monday afternoon's session again were discussed. A hospital record telling of Thaw’s interest in his rabbit pets and their mating was rend. Dickson also quoted from a record taken at “Kirkbrides.’’ where Thaw has been incarcerated for seven years, telling of an attendant finding Thaw In his bedroom one morning nude, with a rabbit on each shoulder. Thaw was forbidden to take the rabbits to his room after this. Interest In Young Girls Harry’s interest in young girls while on walks with hospital attendants was also described in the record. Dr. Mills was asked about these reports and what he thought they indicated at the time he found Thaw sane. The alienist said he didn’t change his mind.

WATSON ON WAY TO MOTHER Fearing Approach of Death, She Sends Message to Son, By Times Speria. WINCHESTER, Ind., April 15.—Senator James Watson of Indiana will leave Washington late today and come to the belside of his aged mother, according to a message received by membera of his family. He is making the trip in response to a message sent him by his mother Monday, that if he wanted to hear her voice agaift he should “come at once.” Senator Watson’s mother, Mrs. Mjary M. Watson, is 93 years old and for the past six months has been declining in strength. Although not ill, physicians believe she is liable to die at any time. Heart Attack Fatal By Times Special NEW ALBANY. Ind., April lr>.— William H. Hanger, 77, of Edwards ville, former county assessor and board of county commissioners, died suddenly of heart trouble here Monday.

Well pleased, the Rev. Thomassen retired, slept the sleep of an untroubled soul, and awoke to prepare for his sermon. But 10, his coat and pants were gone. And so .were the two men. Sore! in spirit and In makeshift garments, the Rev. Thomassen preached his sermon, and declaimed again the evil in the world. As if in answer to his prayers he caught sight of the two miscreants and today Andrew Green and Robert Agness are on the way to the Bridewell.

SHANK FAVORS 12-HOUR SUIFT FORPOLICEIN Mayor Believes Move Would Provide Better Protection for City, A twelve-hour shift for policemen, replacing the present eight-hour shift, giving the city protection of half Its police force at one time instead of one-third, was suggested by Mayer Shank today to remedy police force conditions. The suggestion was made to Chief Herman F. Rikhoff during the board of safety trial of Patrolman Joseph Sheehan, charged with accepting a bribe. Shank ordered Rikhoff to submit the twelve-hour shift proposition to policemen at roll call. City council may consider the change next Monday night. "■We'll have the law enforced or get an entirely new police force,” Shank said. “I’m not going to stand for ten men being dismissed within thirty days for accepting bribes or violating the liquor laws while I’m mayor.” Shank asked that further evidence in Sheehan’s case be curtailed and that Sheehan be dismissed. The board, however, heard all the evidence and dismissed him. On testimony of his wife, Frank Tate, -2, 219S Oxford St., was taken from the witness stand before the board to city jail on charges of making and selling liquor. Sheehan was charged with having known this, but refused to make an arrest. Shank said that he will ask two policewomen to be detailed to Investigate how policemen are able to meet living expenses. Chief Rikhoff said he would order the investigation immediately. Shank also suggested increase of approximately 25 per cent in pay if policemen work the twelve-hour shift. GLADYS ELLIS IN PLEA OFINSANITY Judge Postpones Murder Trial to May 12, The trial of Gladys Ellis, 21, charged with the murder of Miss Louise Richards, 70, matron-teacher at the Indiana Woman’s Prison, Feb. 26. was postponed from April 21 to May 12. by Judge James A. Collins in Om inal Court today. The extension was granted on request of Attorneys Clifford Cameron and H. B. Pike after they filed a special ulea alleging that Miss Ellis was of unsound mind at the time of the murder. The attorneys said they wanted time to get witnesses, or depositions from witnesses, living in and near Columbus, Ohio, Miss Ellis’ former home, to substantiate the plea. The prosecutor did not object to the time extension. On request of the attorneys, Judge Collins granted n court allowance, not to exceed SSO, to pay for defense of the girl. Cameron is defending her as county attorney for the poor.

RED CROSS WORK SHOWSPROGRES? Seven Hundred Women Enrolled as Volunteers. More than 700 Indianapolis women ere enrolled in the seven branches of the volunteers service workers’ de partment of the Indianapolis Re if Mrs. Hugh McGibeny reported today at the first of a series of meetings of workers at the Indianapolis Athletic Club. William Fortune, chairman of the local Red Cross chapter, presided. Mrs. McGibeny reported that Mrs. Stuart Dean bad been appointed chairman of a department to acquire and write books for the blind. A report of the Washington Red Cross conference was made by Mrs. Me Gibeny. CITY HOSPITAL NOTIFIED Twelve New First Smoke Warnings Sent Out. Twelve additional first notices, including one to the city hospital and two new second notices, were sent out today by H. F. Templeton, assistant city smoke inspector. Totals now are 115 first notices and 105 second noices. First notices:* City hospital, Indianapolis Stockyards, E. Raugh & Sons, F. Hilgemeier Brothers, Beveridge Paper Company, United Ice and Coal Company, Robbins Body Corporation, Si-holsser Brothers’ Creamery, Gem Laundry, Martin-Parry Body Corporation, Holt Ice and Cold storage Company, and Riverview Picking Con*pany. Second notices: Y. M. C 5. A. a w* Emerich Furniture Com)-any. Tipton Pioneer Burled Bji Times Special TIPTON, April 15.—Funeral sarv ices for Lee Moore. 66, one of the early settlers of Tipton were held today. Masons were in charge of she burial. Marion Pioneer Dies By Times Special MARION, Ind.. April 15.—Joseph Overman, 84, pioneer resident of Grant County, in dead at the home of Wesley Powell, AVest Marlon. Alexander W. Wyllie, 32. is dead at the Marlon National Sanitarium. I

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