Indianapolis Times, Volume 35, Number 292, Indianapolis, Marion County, 19 April 1924 — Page 13
SATUKDAY, APKIL iy, 1924
STRENGTH OF U. S. RESERVE BANK IS BOOSTTOSTGCKS Ratio Rises to 86 as Compared to 82,2 Last Week. The WALL STREET JOURNAL NEEW YORK, April 19.—Prices were stimulated in the early dealings by a number of constructive developments which took place over the holiday. Further extraordinary improvement was reported in the nation’s banking strength, the ratio of the Federal Reserve Bank rising to S6. as against 82.2 the previous week An advance in the ratio of the whole system to 80.6, against T 9.3 a week ago. brought the figure to scarcely more than 1 per cent below the best level reached since the United States went into the war against Germany. Another important announcement was the upward revision of Smackover Crude, placed in effect by the Texas Company, which afforded an answer to the bearishness recently circulated regarding the oil industry. Oil, Baldwin and othr industrial leaders reached new highs on the week's recovery in the initial trading, and the general market displayed a confident tone. First Hour With many traders taking a holiday over Easter, the volume of dealings was considerably reduced in the first hour and price changes in the main bcdy of stocks were without significance. About the only speculative interest was attached to special movements in Individual stocks. Yellow cab experienced another nose dive, dropping to as against a high of 63*4 in the preceding session. Atlanta Refining broke seven points to 113. reflecting its unfavorable showing in 1923 when a balance of $4.17 a share was earned on the preferred as compared with $11.85 a share on the common in 1922. Stewart-tYarner displayed better resistance around 71, responding to the expectation that directors will declare the regular quarterly dividend at Monday’s meeting. Closing Hour Prices in the main body of stocks were virtually motionless in today's brief session, which was sandwiched in between the Friday holiday and the week-end. Many of the bigger operators remained away from the Street and the volume of dealings suffered accordingly. But a number of spirited movements in individual stocks promised respectable amount of excitement for the interstate speculators who were on band for the day’s proceedings. Conflicting price movements marked the closing dealings. Allied Chemical went Into anew high at 70. Brooklyn Manhattan preferred was at 6234, I U. S. Pipe, 78b*. On the other hand, further selling took place in Atlantic Refining to 110%, a net loss of 9% points. This weakness affected oil shares. Pacific broke more than a point to and other active issues of this class retreated fractionary. Twenty active industrial stocks on Saturday averaged 91.34, up 86 per cent. Twenty active rails averaged 81.64, up .54 per cent. Local Bank Clearings Indianapolis bank ciearinjrs Saturday were $3,005,000: for the week. $18,783,000. Bank debite Saturday were $5,984,000. for the week. $38,080,000. New York Money Market To the Editor of The Times NEW YORK April 19.—Money on call on the New York Stork Exchange ranged between and 5% per cent thi- week, compared with a range of 4 to 6’4 per cent, last week. Rar.ge of call money by da>> during the week was as follows: Foreign Exchange Bu Cuffed Financial NEW YORK. April 19.—Foreign exchange dosed higher: Sterling demand $4 38. Francs, demand. 6 32c. Lire, demand. 4.44 He Belgium, demand. 5.42 c. Marks. 4.500 billion to the dollar. Czecho. demand. 2.95 c. Swiss demand. 17.2 c. Guilders, demand. 37.25 c Spain, demand. 13.95 c Sweden, demand 26.36 c. Norway, demand 13.84 c. Denmark, demand 16.64 c.
Produce Markets
INDIANAPOLIS April 19.—Fresh, eggs, lose off. 20c: packing stock butter. 25c: springs. over 2 lbs, 23c: fowls. 4H lbs. up. 23c:. fowls under 4 H lbs.. 18c: Leghorn poultry. 25 per cent discount; cocks. 13e: stags. 18c; young tom turkeys. 12 lbs. up. 24c; young hen turkeys. 8 lbs., up. 24<-; geese. 10 lbs. up. 12c: squabs. 11 lbs. to the do*.. $5.50: old guineas. doz.._ $4.50. Indianapolie creameries are paying 52c per pound for butter! at. CLEVELAND. April 19 Butter in tubs, 38 H-a 40 Sc: extra firsts. 3?**® 3sHe: firsts 35S ®37Hc: packing stock. 26® 30c: standard 37H®39Hc: prints lc extra. Eggs—Fresh gathered northern extras. 23c: extra firsts. 25c: Ohio firsts. 32 He: western firsts. 22 He. Poultry— Live fat fowls. 28 ft 29c. springers 28 ft 30c; Leghorns. 25c: roosters. 18® 19c: heavy white duckl, 30® 36c: medium fowls. •74 |2oc. Potatoes —Michigan white, f'Zft ‘'2s Minnesota white. $1.30®, 1.50; New York. $2.25 ft 2.35. all per 150 lbs.; Ohios. $1(51.10 bu.: California, new. s3® 3.23 a box: Bermudas, new. 515 ft 16 a barrel. CHICAGO. April 19. —Butter—Receipts, 11 109’ creamery extra 35 He: standards, ::o’Hc: firsts. 33*f33’.je: seconds 32ft 32He Eggs—Receipts 29.432- .ordinary firsts 20'S 20He: firsts. 21 ft ft 22c. Cheese Twins 18 He: young Americas. 20ftc. Poultry—Receipts, none: fowls. 23 ft 25c: duck*. 28c: geese, 16c: turkeys. 22c: roosters 16c: broilers 50 ft 60c. Potatoes — Receipts. 244 cars: Wisconsin round whites. 81 20ft i 40: Minnesota and North Dakota Red River Ohios. SI 40<S 1.50 Minnesota round whites sl.lo® 1.20: Idaho russets. 52,65 @.2.75. NEW YORK. April 19.—Flour —Inactive, unchanged Pork—Dull: mess. $24 75® 25.25. Lard—Easy: mid-west spot. $11.30 and 1146 Sugar—Raw quiet: centrifugal. 6 28c: refined quiet: granulated. 8ft8.25c. Coffee—Rio spot, 15 He: Santos No. 4. 18 ft ft 10 Hc. Tal'ow —Quiet: special to extra. 7HQTHC. Hay—Stronger: No. 1. $1.50® 1.55: No. 3.51.25 ft 1.30. Dressed poultry —Quiet: turkeys 20® 36c: chickens 22® 48c: capons. 33® 50c: ducks. 20® 25c: fowls. 20® 32c: ducks. Long Island. 30® 26c. Live poultry—Firm; geese. 12® 15c: ducks. 13® 30c; fowls. 26 ft 32c; turkeys.' 40ft60c roosters. 15c; chickens. 25ft35c; capons. 50 ft 75c broilers. 60® 75c. Cheese —Quiet: State whole milk, common to special. 15 ft 26c: State skims, choice to specials. lift 18c: lower grades. 4ft 10c. But-ter-Quiet: receipts, none: creamery extra, 35Her special market. 36ft36He: State dairy, tubs 31 ft 35a: Danish. 36 ft 37c: Argentine. 31 6 34He. Eggs—Firm: receipts, none: nearby white, fancy, 35c: nearby State white 26® 33c; fresh firsts. 23 HQ 29c Pacific coat. first to extra. 26ft37e: western white. 26 ft33c: nearby brown, 30 32c Cloverseed Market j,,.. ,’ -- >>rs are paying ?10ft 12 a bushel for -’ec—
New York Stocks tßy Thomas & McKinnon, •—April 19—
Railroads— Prev. High. Low. Close. close. Atchison .. . .100 % ... 100 100 B A O 53 Vi 53% 53% 53% C. & 0 72% 71% 72% 73 r & N. W 51% C R A P . 23% 23% 23% Delic & Lack .... .... 116 % Eric Ist pfd. 32 % .... 32 % 31 % Gt No pfd.. 66 .... 55% 56% Lehigh Val . 41 % • ■ 41 41 Mo Pac pfd .... .... 39% N. Y. Central 101 100% 101 100% Nor Pacific.. 51% . .. 51% 51% Nor A- West 127% 126% 127 127 Pennsylvania. 44% 43% 44% .... Reading 53 % So Railway.. 53 52% 53 53 Southern Pac 91 90 90% 90% St Paul pfd.. 25 % .... 25 25 % St L A S W. . 36 .... 36 36 Union Pacific 131 .... 130% 131 Wabash pfd.. 45% 45% 45% 45% Rubbers— Kelly-Spg. .. 15 14% 15 14% U. S. Rubber 27% .... 27% 28 Equipments— Am Loco 71 Bald Loco.. 112 111 111% 111% Gen Electric 212 .... 210% 212% Lima L0c0... 58% .... 58% 58% Pullman ...116 .... 115% 115% West. Airb... 88% .... 88% 89% West. Elec... 60% 60% 60% Steels— Bethlehem.... 50% 50% 50% 50% Colorado Fuel 30% 29% 30% 29% Gulf States . 69 68% 68% 68% Rep I and S. 47% 46% 48% 47% U S Steel... 98 % 98 % 98 % 98 % Motors— Chand Mot.. 45% 44% 45 44% Gen Motors.. 14% ... 14 14% Max Mot A. 41 ... 41 40% Max Mot B. 10% ... 10% 10% Studebaker.. 85% 84% 85 85% Slew-Warner. 71 % 70 71 % 71 Timken 36% 35% 36% 35 Willys-Overld 8% 8% 8% 8% Oils— Cal Petrol... 23% 22% 23 23% Cosd-n 33% 32% 32% 33% Houston Oil. 67 66%* 66% 68
OATS EXCEPTION IN HER GRAIN Wheat and Corn Close Strong, I Bu United Financial CHICAGO. April 19.—Wheat and corn closed strong on the Chicago board of trade today. Oats sagged. Wheat advanced sharply on short covering. Lack of outside demand kept traders out of the pit. Unfavorable crop news and advices from Germany that the Dawes proposal would be accepted gave the market a bullish undertone. There was considerable changing over from May to July, cash sellers buying in the later months. Corn staged a remarkable recovery late, after ruling around the low point of the day for most of the session. This was induced by higher cash premiums and strength in wheat. The cereal market lacked any incentive to buying. Oats was neglected throughout, and despite strength In other grains closed lower. Chicago Grain Table , —April 19— WHEAT— Prev. Open High Low Close close. May.. 102% 104% 102% 1.04% 103 July.. 105% 1.06% 1.05% 106% 1.05% Sept.. 106% 1.07% 108% 107% 106 CORN— May. .78% .78% .77% .78% .78% July. 79% .79% 78% 79% .79% Sept.. .78% 79% .78% .79% 78% OATS— • May.. -.47% .47% .47 47% .47% 41% .44% 44% 44% .44% Sept.. 40% 40% 40% 40% 40% LARD— May 10 95 10 95 10 92 10 02 10 92 RIBS— May 10.00 10.00 0.95 10 00 992 RYE— May.. .65% .66% .65% .66% .65% July.. .67% .68% 67% .68% .67% Cash Grain INDIANAPOLIS, April 9.—Total receipts for the day. 90 cars. Prices quotwl f. o. b. to New ork 41 %c ba-sis. Hay ou track. Indianapolis. Bids for grain ami hay at the Indianapolis Board of Trade were: Wheat—Through billed, firm: No. 2 hard. $1 ft 1.03 No 2 red, slo2® 1.06%. Coru—Steady; No. 2 white. 734s 75c: No. 3 white. 724 l 74c: No. 2 yellow. 73ft Tsc: No. .7 yellow 72 ft 74c; No. 2 mixed. 72 ft 74e: No. 3 mixed. 71 ft 73c. Oats—Easier. No 2 white. 45%ft47%c: No. 3 white. 44%<5 46%c. Hay—-Steady No. 1 timothy, $22.50® 23: No 2 timothy $22ft22.50; No 1 light clover mixed. $22 4/ 22 50: No. t dovei hay. *21.50 @22 —lnspections Wheat—No 2 red. 3 cars: No. 3 red, 2 cars. No. 3 mixed. 1 ear. Total. 6 cars. Corn—No. 3 white. 3 cars; No. 4 white, 5 cars: samp'e white. 2 cars: No. 3 yellow. 3 earn; No. 4 yellow. 7 cars: No. 5 yellow. 2 ,-ars: No. 6 yellow, 1 ear; sample yellow 1 car. No. 3 mixed. 3 cars: No 4 mixed. 2 cars: sample mixed, 4 cars. Total. 33 ears. Oat*—No. 2 white. 13 cars: No. 3 white. 26 cars: No. 4 white. 5 cars; sample white. 4 cars. Total. 48 cars. Rye—No. 3. 1 car. Total. 1 car. Hay—No. I timothy, 2 cars. Total, 2 care. CHICAGO. April 19 —Wheat—No. 2 red. SI .06%: No. 2 hard. $lO9 ft 112. Corn— No. 3 yellow. 78ft 80c: No. 4. 77 ft 77 %c; No. 5. 76c: No. 2 mixea. 79 %c; No. 378 c No. 4. 77c: No. 5 ,76c: No. 2 white. 80 %c; No. 4. 77ft 77 %c. Oats—No. 3 white 48 % ftsoc: No. 4. 48%'048%c. Barley—76ft 85c. Timothy—ss® 7.00 Clover—sl3.so ft 22. TOLEDO. April 19—Wheat —51 12ft 1 13. Com—B3% ft 84c. Rye—6 80. Oats—s 4% ft 5.5 %c. Barley—77c. Cloverseed—sll.2s: October. *12.20. Timxfthy—s3 70; May. $3 75. Als.ke— $9.30. Butter—4o ft 44c. Eggs—2o ft 22c. H ay—s3o. ST. LOUIS, April 19.—Wheat—No. 1 red. 5117: No 2. 51.14 ft 115%: No. 3. 51.12%: No. 5. 99cft $1.07; No. 1 hard. $1.06%: No. 3. $1.03% July. $1.05%: September. $1.07. Com—No 3 white. 78 V, ft 79c; No. 4. 77c: July, 80%c: September. 79c. Oats—No. 2 white. 50 %c: No. 3, 50e; No. 4, 49 %o; May. 49 %c. Grain Briefs CHICAGO. April 19.—Kansas will raise the ss/nd largest winter wheat crop in the history - of the Slate, despite a slump of more than a million acres in area planted, latest estimates of Government statisticians show. B. W. Snow in his latest review calls attention to backward weather in the Canadian Non h west and prospects of seeding being further delayed. A late start, he says, is not suggestive of best results. i Although conceded that short covering was responsible for advances in grain and that reduction in outstanding short interests reduced buying power, sentiment after Thursday's close was less pessimistic. A marked improvement was noted in demand for flour. A leading local miller bought hetvily of spring and hard winter wheat here this week and is after red winter. The Northwest faces a serious situation through lack of insuiffoient moisture. Spring cold and baekwrixl. High winds lately have blown clouds of dust out of the fields. Tank Wagon Prices ! Gasoline prices do not include State tax of 2c a gallon.) GASOLINE—Energet 22c a gallon; Purol, 18.2 c: Red Crown. IC.2c: Diamond Gas. 18.2 c: Crysta Pep. 21c: Target. 18.2 c: Silver Flash 22c: Standolln aviation. 23c. KEROSEXIW-Crystsline 12.7 c a gallon: Myore Light. 15.5 c: Areli, 12.7 c: Perfection. 12.7 c: Solvent, 35c. NAPTHA—Lior Power ga"o ’ V <• '5 St ndVind Cleaner 22.5 c. .1
Prev. High. Low. Close. close. Marl and Oil. 35 % ... 35 36 % Pan-Am Pete 46% ... 46Vi 46% Pan-A Pete B 44 % ... 44 45 Pacific 0i1... 49% ... 48% 49% Pro and Ref 20% 25% 26 27 Vi Pure Oil ... 23 ... 22 % 22 % St Oil of Cal 58 % 67 % 68 % St Oil of N J 36% 35% 30 36% Sinclair .... 21% 20% 21 21 Vi Texas Cos .. 41% 40% 41 41% Transcont Oil 4Vi ... 4 % 4Vi Minings— Tex G and S 59 ... 59 ... Coppers— Amer Smelt.. 60% 60% 60% 60% Anaconda ... 32 % ... 32 % 32 % Kenheeott 37 % ... 37 % 37 % Industrials— Allied Chem. 70 09 69% 68% American Can 99% 98% 98% 99 Am. HAL pfd 53% 53% 53% 53% Atr. Woolen.. 00% 05% 06 <>o % Coca-C01a.... 66% 04% 64% 65% Cont Can 46% 46 40% 40% Davison Chem 45 % ... ,44 % 44 % Fam Players. 60% 07% 68% 07% Gen. Asphalt. 34% ... 34 34% Mont Ward. . 23 V* .. . 22 % 23 % SeirsßbUi'k. 84% 84 84% 84% USC Iron P 78% 70% 77% 77 U S Ind Alco 66% 68 66% 60% Yellow Cab.. 50% ... 47 ... Yellow Mfg . 59Vi ... 50% ... Utilities— Am T and T. 126% . . 126% 136% Consoli Gas.. 02% 02% 62% 62 Columbia Gas 34 % 34 % 34 % 35 Shipping— Am Int Corp 20% ... 20% 20, Int M M pfd 32 ... 31 % 31 % Foods— Am Sugar. . . 44 43% 44 45 C C Sug pfd 58% 58% 58% 58% Cub-A. Sugar. 32% ... 32% 32% Punta Alegre. 58% 58% 68% 58% Tibaceos— Tob Prod B. 50% 56% 56% 50%
CURB TRADING SHOWS LITTLE DECIDED TREND Market Closes Irregular, With Oils Somewhat Heavy. Bu United Financial NEW YORK, April 19.—The curb market closed Irregular, with such changes as were noted occurring In a very thin market. As on the big board the Curb shares showed little decided trend. The oils turned somewhat heavy during the final hour after a fair start, and both Standards and Independents sold off from the highs. Prairie Oil and Gas fell two points at the start of the second hour and failed to get far on the subsequent rallies. International Petroleum. Anglo American OU, Vaccuum and South Penn Oil were easier. The industrial Issues did little more than back and fill, with motor and tobacco holding within narrow limits. Doehler yielded fractionally, going be ,'ow 22 Store shares and coal issues were dull and little changed for the day. Curb bonds attracted some attention, especially the public utilities Foreign loans were quiet. New York Curb Market tßy Thomson * McKinnon) —April 19— —Closiug— Bid. Ask A'-m* Packing 2 8 Curt's Aero, com 5 8 Curtis Aero, pfd 30 40 Mutual Oil 10% 11 International Petroleum ... 18% 19 Kirby Oil 1 2 Prairie Pipe 102 103 U. 8. Light and Heat 70 80 U. S. Light and Heat, pfd . . 1 % 1 % Omar Oil . . 68 70 Standard Oil. Indiana 57% 58 Standard Oil. Kansas ... 40% 41 % Standard Oil. Ky 105 106% Standard Oil. N. Y 39% 40 Vacuum Oil 60 60% BOND MARKET DISPLAYS FAIRLY STEADY TONE New Highs in Foreign Money Send* Up French and English Issue*. Bu United Financial NEW YORK, April 19.—The bond market displayed a fairly even tone during the short session today. Deal ings were extremely light in virtually all sections of the list. New highs for the year in both sterling and francs sent the leading French and United Kingdom issues fractionally up though the volume of business even in these issues was not heavy. Liberty bonds were steady in view of the 4 per cent call money rate established before the close of husi ness on Thursday, which holds over until the opening Monday morning. Most of the active liberties held fractionally higher. The traction issues proved active at times, especially the Interhoroughs on the news that the company is asking its 15,000 employes to acept a 5 per cent reduction in wages, which would reach $1,250,000 annually. New York Liberty Bonds —April 19— High. Low Close. L. B. 3%s 99.7 99 6 99 0 L. B. Ist 4%e 99.30 99 29 99 29 L. B. 2d 4% s 90.31 99.29 09 31 L. B. 3rd4%s 100.0 100,5 100.5 L. B. 4th 4%s 99.31 99.00 99 31 New Gov t 101.11 101.7 101.8 Note—Quoted in decimal thirty-seconds. Chicago Stocks (By Thomson & McKinnon) Open. High. Low. Close. Arm pfd 111 75 75 V* 74% 74% Arm Lea pfd 70 ... ... Conti Motors. 0 % ... ... ... Com. Edison. 120% 127% 126% 127% Diam. Match. 118 118 117 117 Lib MeN new 4V4 .. . ... ... Mont Ward. . 23 % 23 % 23 % 23 % Bassiek 30% 30% 30% 30% Swift & Cos.. 102% 102% 102 VI 102% Swift Inti... 20% 20% 20 20 Stewart-W 70% 71% 70 Vi 71 Union Carbide 57% 57% 56% 57, J. R Thomson 42% . . . ... Wahl 30% 30% 36% 36% Wrigley 36 36% 35% 35% Yellow Taxi. 51% 61% 46% 40% Marriage Licenses Torenee J. Menerey. 31. Peoria, 111., insurance business; Lucy Silver, 32, 1220 Park. Eithol B. Bartlett, 27, 2523 W. Washington. electrician: Maude Nelson, 19, 2108 N. Harding, telephone operator. Verne L. Whitlow, 29, 2043 N. Delaware, construction supervisor; Gertrude T. Tuttle, 22, 2615 E. Eighteenth. Herbert F Mears. 21, Roosevelt Hotel, inspector; Esther V. Shirel. 17, 628 S. West! store clerk. William Laud, 22. 21 W. North, truck driver: Ed.vthe Stevenson, 20. Indianapolis. William H. Hay, 21, 274 Minkner. butcher: Mazie J. Dougherty. 17, 51011 N. Wilcox. PLAINTIFF AWARDED SBSO Ten-Man Jury Finds Against Defendant in Damage Suit. Alonzo Cochran. 1419 Hamilton Ave., was awarded SB6O by a jury of ten men In Superior Court Room 5 today, in a verdict against Ralph lovine. proprietor of Service Garage, 2409 Central Ave. The jury of ten men was agreed on both sides when the venire was exhausted. Cochran alleged he was injured when struck by a < - r no • iv:vkwhile alighting from a street car.
THE LN JJIAJN APOLIS TIMES
HOGS MAKE PRICE ADVANCETO $7.80 Heavy Variety Fails to Keep in Line, Hog Prices Day by Day Apr. 250-300 lbs. 200-275 lbs. 150-180 lbs. 14. 7.70 7.70 7.70 16. 7.80 7.80 7.80 10. 7.60 7.65 7.05 17. 7.50 7.50 ?.r0 18. 7.00 7.00 7.60 19. 7.75 7.80 7.80 Hogs took a sharp upward turn today and advanced 15 to 20 cents in trading at the local livestock yards. The market opened sharply and bulk of the sales was being made at $7.89 as compared to Friday’s average price of $7.60 and top price of $7.75. Although there was a, good shipping demand early and local packers were well interested it was expected these demands would be satisfied before the market Closed and the close would be slightly weaker. The heavy variety of hogs failed to stay in line with other kinds and one lot of the extra heavy variety sold at $7.65. Several choice lots of medium weight hogs commanded a figure of $7.85. Porkers in the truck division sold at $7.75 and. there was some other stuff moving at this figure. Sows were selling good and reflected the strength of the market, being however, only slightly higher at $7 down. Pigs were as a rule slow of sale and were bringing down from $7.26. The market today was probably the best of the week, commanding the high figure with the exception of on Tuesday when the price $7.80. Traders, as a rule, called the market on this day, unwarranted and unexplained, which was born out on Wednesday when hogs took a slump of 15 cents to $7.65. Although showing signs of strength at certain times the market of the past week has been of the erratic type and at times very unsettled. Asa rule demands has been easily satisfied which halted any continuous good showings. Receipts, 4,600 inclusive of 542 carryovers. Cattle trading was of the usual week-end variety, with about 100 head in the pens. Good choice steers were nominally steady, while the ordinary kind was quoted lower in accordance with the past several days. Cows held steady, while heifers ware quoted low er. In looking over the week's trade a continued good demand for -choice steen> is seen, with an average top price of sll, although prime stuff commanded slightly higher on two or three occasions. In the ordinary class the market has been ruling 50 cents lower, and In spots 750, as compared to last week. In the cattle division, heifers have suffered particularly from the price slump due to an unusual number of receipts. This stock has been selling a good 50c lower on a slightly weak market. Calves ended up the week’s trade on the best market of the week. While the price was probably no higher than on Friday, the market waJ l more active and stronger. Choice veals found no trouble in commanding a top of sl2. while the hulk of sales wa.4 made at from sll to $11.50. Not enough sheep were In the pens to establish a real market. Prices held steady, with sheep nominally $11; fall variety lambs, sl6, and spring lambs at sl9 to s2l. This week has seen the usual seasonal /dump in this division and among the first spring lambs fig uring in the tradings. Receipts were light at 50.
—Ho|> Choice lUhts $7 89 Llfht mixed 7.80 Medium mixed 7.80 Hcavyw-uffhU 7 66 ft 7 75 Bulk of sales 7.80 Top 7.85 , Packing sows 0 25® 7.00 Pigs 0.60@ 7.26 —( fttti r Prune corn-fed steers. 1.000 to 1.800 lbs $ 9.00® 11.00 Good to choice steers. 1,000 to 1,100 lbs 8.60 ft 9.00 Good to choice steers. 1.000 to 1.200 lbs 7.50® 9.00 Good to choice steers. I.ooo'to 1.700 lbs 0 05ft 7.50 Common to medium steers. 800 to 1.000 lbs 6 00® 7.01) —few# and Heifers— Good to light heifere $ 0 00ft 9.00 Good heavyweight 7.05 ft 8.00 Medium heifers 600 ft 7.00 Common cow* 3.00 ft 6.00 Fair costs 6.00 ft 7.25 Cutters 2.76 ft 3.25 Conners 2.76 ft 3.75 —Bulls - Fan<7 butehe-r bulls $ 5.00 ft 6.00 Good to ohoLM, butcher bulls. o.OOft 6.60 Bologna bulls 4.25 ft 4.76 —Calves— Choice veals sll,ooft 11.50 Good veals 9.50 ft 10.60 Lightwelliht vials 7.00 ft 8.00 Common heavies o.OOft 7.00 Top 12.00 —Sheep and Lambs—i.xtra choice lamb# sl3.ooft 16.00 Heavy lambs 10.00 ft 13.00 Cull lamb* 6.00 ft 10.00 Good to choice ewes 6.00 ft 11.00 Culls 3.00 ft 5.00 Spring lambs .... 19.00ft21.00 Other Livestock CHICAGO, April 19.—Hogs—Receipts. 5,000; market slow, mostly steady; top. $7 65: bulk. $7.30 ft 7.00; heavyweight. $7.40®7.06; medium. $7.40ft7.06: light, SO.DOft 7.00; light lights. $6ft7,30: heavy packing, smooth. $6.80ft7: packing sows, rough. $0.60® 0.80 killing pigs. $4.76 ft 0.50. Cattle —Receipts. 500; market for week choice beef steers and most grades shestock steady; other beef steers, light beef hetfers. 25ft40c off: In between grades weighty steers and long yearlings show most decline; extreme top matured steers. $12.00: highest off season: best yearlings. $11.50; bulls. 10 ft Isc off; vealers 75c off: stix-kers and feeders 25e up; bulk prices beef steers and yearling*. $8.50® 10.76 stockers and feedre, $0.25®7.75: fat she-stock, 5.60 ft 8.26; eanners artd cutters $2.85 e, 1 3.00; vealers. $8 ft 9.50. Sheep—Receipts. .2,900; market, receipts mostly direct; few sales ?ood clipped lambs. sl4 35: steady to weak: or week, 7,000 direct; 170 cars feed lot; compared last week fat lamb# 50c oft; sheep 60ft75c off: top fat wooled lambs for week. *10.50; bulk price* fat iambs. $16.50® 10.35; spring lambs. sl7ft2l. fat wethers, 10.50012; fat ewes, $10.50®11.75: cUpped lambs, $14®14.06; clipped ewes. $9.75ft 10.26. CLEVELAND. April 10.—Hogs—Receipts. 1,500: market, steady. Yorkers. $8ft8.10; mixed. $8; medium. soft 0.75: pigs, $6.76. Cattle—Receipts, 150; market, steady. Sheep and lambs—Receipts.. 600: market, steady: top, $14.50. Calves—Receipts, 200: market, s.eady; top, sl3. TOLEDO. April 19.—Hogs—Receipts, 500; market, 10c higher; heavios, $7.755t7 85; mediums. $7.85® 8; Yorkers. $7.85ft7.95; good pigs $6.25® 6.50; calves market, steady. Sheep and lambs—Market, steady. Butter—4o@4lc. Hay—s3o. Eggs—2o ® 22c. PITTSBURGH, April 19.—Cattle—Receipts, light; market, slower: choice. $8,75 ftIO.SO; good. $8.76 ft 9.50; fair $7.26 ft 8 veal calves, sl2 @12.60. Sheep and lambs —Receipt*. 2 double deckers; market, steady; prime wethers, $10.26® 10.50: good. f9.50ft10: fair mixed, $7 ft 8: lambs. sl2 ft 7. Hogs—Reoelpts. 20 double decekers: market, steady; prime heavy, $7.80ft7.90: mediums, SB.IO ffi 8.20 heavy Yorkers. SB.IO ftfi.2o; light Yorkers. $7 ft 7.40: pigs. soft (LBO: rough, [email protected]; stags. $3.23ft3.75. EAST ST. LOOTS. April 10.—Cattle—Receipts, 500; market 26e to 40c lower than week ago; native beef steers, $7.25ft 10.60; yearlings and heifers. $7.26®. 8.50; cows. 55,[email protected]; eanners and cutters. s2.4oft 3.50: calves. $9 ft 9.50: Stocker* and feeders, $5.76® 7.38. Hogs—Receipts. 5,000; market 5c to 10c nigher: heavies. $7.30 ft 7.60; mediums $7.45 ft 7.70: lights, $7.26 ft 7.76: 'lght lights, $0.25® 7.05; packing sows, $04006 75: pige. $6T3®0.76; bulk, $7.36
Lo!Sheba's Secret Is Out — She's Don Morrison
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3HEBA AND “HER” DANCING GIRLS (INSET LEFT), HORACE MITCHELL. UNSET RIGHT) PAUL RICHEY.
ft 7.86. Sheep—ke/eipts. 150; market nominally steady; $7 50ft 11.75; Conners and cutters, $3 ft 7.50 wool lambs. sl4 ft 10.25 EAST BUFFALO, April 19.—Cattle—Receipts, 175: market, slow, steady: shipping steers. $9.25ft 11: butcher grades. sß.2sft 9.25; cows. $2 ft 0.76. Calves—Receipts. 200: market, active, steady: cull to choice. s4ft 12.60. Bheep and lamb#—Receipts. 800; market, active, stead} - : choice lambs. sl6® 16.90: cull to fair. sloft 15.50; clipped lamb*. s9.soft 4 75; yearlings. $9.75ft 13: sheep. $3.50 ft 11.50. Hogs—Receipts, 2.400 market slow to 5® 10c higher; Yorkers. $7 ft 8: pigs. so.soft 7; mixed. $7.96® 8: heavy. $7 95ft 8; roughs, sßft 7.75; stags. $4.25 ft 5.
MYSTERY SLAYING MAY BE SOLVED Brother of Man Held on Murder Charge Arrested, Mystery which has shrouded a seines of gun battles and fights between two factions of bootleggers and hijackers may be cleared in investigation following reslating of Raymond Walsh, 26, of 226 Sanders St., detectives said today. Walsh was charged with the murder of Joe Forrestal. 28, of 1305 Kentucky Ave., after Superior Judge Sidney Miller, acting In habeas corpus proceedings, had reduced vagiancy bond from $14,000 to $5,000. L. J. Walsh. 226 Sanders St.., brother of Raymond, was re-arrested on vagrancy charge. He had been arrested and released after the murder which, occurred at the home of Elizabeth Ping, 949 Maple St., Sunday. Ollie Bertie, 517 W. McCarty St., shot at the time Forrestal was killed, was taken from city hospital to city prison today. MOTHER-DAUGHTER WEEK 1-oral t'hurcliew Plan to Observe With Six-Day Program. With the p.assing of Easter, local churches will plan observance of Mother and Daughter week, May Ills. a program mui b*en prepared lathe International Council of Religious Education and will be. used by many local and State churches. The week's theme is "Gift Bringers All.” The program is: Sunday. “Mother's Day;” Monday, activities in the home, church and community; Tuesday, discussion in duly, and organized class night; Wednesday, prayer and meditation circles; Thursday, at home eve nlng; Friday, mother and daughter banquet: Saturday, surprise and comradeship: Sunday, daughter’s day. STATE FUNDS JUGGLED Benevolent Fluid (lets $25,000 Front General—ssoo,ooo From Highway. Robert W. Bracken, State auditor, today transferred $25,000 from the general fund to the benevolent fund. $4,087 is required daily from the benevolent fund to operate State institutions. Recently $500,000 was transferred from the highway fund to the general fund and $200,000 of this was given ever to the benevolent fund. The $750,000 general fund Indebtedness to the benevolent fund has been reduced to half. There is a balance in the general fund of $175,000. AUTOIST KILLED IN CRASH Five Others Injured as Car Plunges Over Embankment. Bu Timm Special BOONVILLE, Ind., April 18.—One man was killed and five persons injured, two seriously, when a touring car plunged over an embankment on the Dixie Bee highway Friday night. All were from Boonville. Hilho Masters, 46, driver, was killed. The Injured were: Russell Eissler, 25, head crushed; Mrs. Russell Eissler, bruises about the head and body; Pearl Bryant 21, strained knee, and Jessie Danieis, shoul ter and face injuries. \- GIRL REPORTED MISSING Zanesville (Ohio) Woman Seeks News of Miss Marie Owen. Police today are looking for Marie Ganfer, 16, reported missing from the Home of Good Shepherd. It is believed the girl may have gone to South Bend, her home. Polios are also asked by a Zanesville (Ohio) woman to locate a girl known as Miss Marie Owen In Springfield, Ohio, who has since married and moved here.
Deciding that they could no longer ; conceal Identity of the player who : is to impersonate “Sheba” in their I oriental revue of that name at - Murat Theater for the week of April 28, the Shriners today announced personnel of the cast. Don Morrison is to impersonate the beauteous queen. George Kadel, v To wiil be Omar, an oriental bazaar impressario, will have the chief vocal part. Special musical numben have been provided by Arnold F. Spencer. Murat Chanters are to provide choral numbers, which also were especially written by Spencer. “Sheba" was written by Paul Richey. It opens up in Omar’s oriental bazaar where the director of Murat’s 1924 Revue” and his property man have gone to pick up a lot of trippings and properties for a big Shrine show. After purchasing many rare pieces of art they are shown a carpet which is declared to have magic properties. Aba! It Works The Shriners decide to try it out on a “drive it yourself” basis. Much to their surprise the rug flivver works and transports the Murat officials to the courtyard of Aii Babi in Bagdad. With this mode of trans portation so successful in dodging all gasoline taxes. State license fees and Federal excise taxes, it is employed for a grand tour of the Orient. The second shows a lot of all the wonderful characters rounded up and brought to Indianapolis by the Shriners to be displayed in a grand revue. There is an unexpected denouement on the arrival of these famous oriental characters which almost ruins all the plans. Just what this denouement consists of is being held as a surprise, but is is declared that much of the comedy of "Sheba" rests on it. Here They Are The cast, announced by Director Horace Mitchell; Omar Khayam proprietor of oriental bazaar. George Kadel. Will E. Doowitt. Murat* property roan. Jphnny Goli. Director Murat'* 1924 Revue. Leslie J. Clancy. Malskar captain of the Forty Thieves. Louis Heinrich. The Forty Thieves Murat Chanters All Baba, dealer in oil In Bagdad, Clifford Richter. Sin bad the Sailor. A1 Hoffmeister Mrs Sinbad. his one and only wife. Harry C • Ent. ® Aladdin of the Wonderful Lamp, Otto Kraus* tram of Tyre. Kinir Solomon magician. home brewer and weather prophet Bertrand Orr Ahbdallah. a Beoudln dancer. George. W Linos Bizmahlah. chief wezir of Sheba's court. W, F. Kruger. Sheba, Don Morrison, Mooroolah a daneinir girl Pear! M. Allen. Attendanta and buyers in bazaar dancing girls slaves, the potentate, the •livan. the mammoth oriental band. etc. Every performance of “Sheba" will be public. Reservations may be made at the Murat box offle... Seat sale opens Monday. A special .- urday matinee will be given. There will be dancing after each performance without extra charge to "Sheba” patrons. RY. MEN FOR LA FOLLETTE Four Brotherhoods Announce Their Choice for President.. By Unit'd Preen CLEVELAND, Ohio, April 19.—The four big railroad brotherhoods will support Senator Robert La Follette, Wisconsin, Republican progressive for the presidency, It became known here today. Warren S. Stone, president of the Brotherhood of Locomotive Engineers, indicated today that while William G. McAdoo is undoubtedly popular with a certain element among railroad men the leaders of the brotherhoods will back La Follette. COAL FIRMS MAY MERGE Consolidated Firm Would Have Capital of $1,500,000. The Knox, Panhandle and the HoweCoulter Coal Companies, operating mines near Bicknell, are understood to be negotiating for a merger Into a $1,500,000 corporation. H. A. Husky, Chicago, president of the Knox company, will become" president of the new company, it is said. William Schrolucke. Indianapolis, president of the Panhandle company, is to be vice president. FAN.TO7DIES - AT~SAME Stricken While Watching Play Through Hole in Fence. Bu Times Special CRAWFORDSVILLE, Ind., April 19. —The baseball game between Wabash College and Bradley Tech yesterday proved fatal to Bob Gray, 70-year-old fan. Gray was watching the game through a hole in the center field fence. One of the Wabash fielders made a sensational catch. Gray dropped dead from heart failure.
GLENN SCORES CAR LOADING PLAN Declares Pay-as-You-Enter System Slows Traffic. Traffic Inspector Michael J. Glenn, today advocated abolishment of the pay-as-you-enter system on street cars and adoption of trailers during rush hours as means to relieving downtown congestion. Glenn in a letter to Edward J. Sexton secretary of the citizens’ car service committee, defended the tower traffic system, which Sexton suggested be abolished. The inspector scored the street car company for little consideration paid pedestrian traffic. He said the company could inoo’e passengers more quickly by adoption of the pay-as-you-leave system. He suggested elimination of parking on east side of Meridian. Illinois and Pennsylvania, between Maryland and Ohio Sts., between the hours of 4:30 and 6 p. ni., so as to give autos a double line of traffic.
Tra-la-la-la! Deputy county clerks opened doors this morning prepared to dish out marriage licenses like hot cakes. It's Spring—the open season for luring someone into a trip to the courthouse. What’s more, it's the Saturday before Easter. More licenses usually are sold every year then on any other days except May 29, July 3, and the days before “Labor Day” and Thanksgiving. A year ago today forty-three licenses were issued, when the other days averaged twenty. It's the time of flowers and birds, balmy breezes, kisses and matrimonial aspirations. Even the “old timers" fall, for among the list almost always are some who have made the trip twice before.
DEPORTATION FIGBT IS LOST BY ALIEN One Hour in Canada Brings Man Under Law Provisions, Because he stepped out of the United States for one hour, Dan Chismash, 22, Roumanian, 424 W. Maryland St., must spend the rest of his life out of the United States. . His habeas corpus petition was denied by Jud*fo Albert B. Anderson in Federal Court today and he will be deported. Athougrh he come to this counrty in 1908, he spent one hour in Windsor, Ontario, in 1921. Later h* 1 was sentenced to two years in the Michigan penitentiary, coming nder the statute which provides that any person convicted of crime within five years of the time he came to the country is subject to deportation. ROBBERS GET S6O CASH Enter A. and P. Store Through foal Scuttle—Copper Wire Stolen. Burglars entered the Atlantic and Pacific store, 2947 Central Ave., during the night through a coal scuttle. They took S6O. Four bales of copper valued at sll2 were taken from the foundry of the Indianapolis Brass Company, 1012 E. Michigan St.
710/ with / Safety /Q TAX 1 V FREE UNDER STATE SUPERVISION
S#ock is tax exempt in Indiana and free from normal Federal Income Tax. Price, SIOO per share and accrued interest. Cash or on deferred payments Interstate Public Service Company Room 714 Wild Bldq| Indiaqapolts, fr>cT
INGRESS VOTES EPIDEMIC AID; COOUDGE ACTS Meanwhile, Arrangements Are Made to Let Stranded Tourists Into Arizona. By United Press WASHINGTON, April 19.—8 y unanimous vote the House today appropriated $1,500,000 to combat the outbreak of hoof and mouth disease in California. The appropriation, made in a special joint resolution authorizing the Secretary of Agriculture to spend this amount in fighting the disease, was in addition to one of $1,000,000 made for the same purpose in the recent deficiency bill. Coo’idge Wires Governors President Coolidge has sent telegrams to western State Governors, urging them to call a conference to discuss modification of quarantine re strictions they have imposed against the hoof and mouth disease in California. The message said that many of the restrictions are more severe than necessary and if enforced will result In unnecessary hardship and loss oT millions of dollars to fruit and produce growers. Ten States Asked Full cooperation of Federal officials ; in combatting spread of the disease ; was promised. The message was sent to the Governors of Washington, Idaho, Nevada, Arizona,* Utah, Wyoming, Montana, Colorado, New Mexico, California and Hawaii. Will lAtt Quarantine By United Press YUMA, Ariz., April 19. —With a i company of national guardsmen here j to prevent further trouble, 800 motor- | ists on the California side of the j Colorado River barred from Arizona iby the State’s rigid quarantine law against the hoof and mouth disease, were expected to cross under permis- ! sion today. The Governor, in a telephone conversation with State and Federal authorities suggested that if the tourists are properly fumigated they might be permitted to cross the river. Many are said to be in destitute circumstances. EBAUGHIS BACKED BY SERVICE CLUBS Candidate Says League Opposes Him in Governorship Matter. letters ui-ging support of the candidacy of J. W. Ebaugh for Republican nomination for the State Legislature have been sent out over i signatures of members of several exservice organizations. The Ex-Service Voters League, which had indorsed a slate of candidates, refused to indorse Ebaugh because he declined to support Ora J. Davis for the Republican nomination for Governor. He is for Ed Jackson, he says. “I maintain that the executive committee of the Ex-Service Voters League should not require the auppor: jof any particular platform by either 1 the members or the candidates whom they endorse." said Ebaugh. “I have, been urged to pledge my support to the candidacy of Davis. This I refuse to do. I refuse to be dictated to by any organization as to my platform 0.the candidates whom I desire to support.”
COLUHA-INDIANA LINES COMBINED Rerouting Will Make Through Trip With One Loop. Columbia and Indiana Ave. street cars will be rerouted and combined into one through line, according to announcement this morning. This action is the result of conferences with Robert I. Todd, president of the street railway company, anil the public service commission. The suggestion was first made by Samuel D. Artman, member of the commission, and later concurred in by Todd. The cars wiji run down Indiana Ave. to Ohio St., east on Ohio to Massachusetts Ave., and thence out Massachusetts to Columbia. Returning. they will make the same trip out Indiana Ave. Police LieuUmant Injured Police Lieut. Barrett Ball was slightly injured today when his police car was struck by a machine driven by James Miller, 1721 Milborn St„ at New York and Alabama Sts. Miller was charged with assault and battery.
The 7% Cumulative Prior Lien Stock of this Company is a sound investment, based upon the stability. growth and prosperity of the 100 or more communities served with Electricity, Gas or Water, all public necessities. This
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