Indianapolis Times, Volume 35, Number 299, Indianapolis, Marion County, 28 April 1924 — Page 11

MONDAY, APRLL 28, lyzi

BUSINESS TREND CONSTRUCTIVE TOTRADE SENTIENT

Believe Morgan Promised Allies U, S. Participation in German Loan, GOOD DOMESTIC NEWS Rails Maintain Strong Tone — Norfolk and Western Gain 2 3-4, The WALL STREET JOURNAL

NEW YORK. April 28 —Speculative sentiment was encouraged by the constructive trend of news developments i over the week-end. Growing optimism I over the European outlook was heightened by the belief that J. P. Morgan ; had informed the allies that the United ; States would participate in a Ger- i man loan on the condition that it be ; made a part of the reparations set- j tlement and be amply secured. Do- : mestic business indications were also favorable. The Federal reserve board's * March survey reported that the steel f output and building construction were holding up to record levels and other j industrial favorites. First Hour Stocks in the first hour evidenced I a loss of technical strength as the result of last week's sharp upturn at j the expense of the short interest. With commitments for the decline; considerably reduced by the covering 1 movement which had proceeded through the greater part of the last four sessions, stocks which had headed the advance developed a reaction-! ary tendency. Steel common at 98% was off more than 2 points from Sat- i urday’s close, and similar recessions took place in American Can and other industrial favorites. Rails, however, maintained a strong tone. Norfolk & Western coming back 2% to 123%, while Lehigh Valley reflected persistent accumulation. Noon Hour . Deprived of the short covering stimulus, the market continued sluggish during the balance of the morning and through the noon hour. Steel, common at 98 >2 reached anew low on the move. It was evident from the action of the list that constructive j interests were not inclined to buy stocks at advanced prices. An en- ; couraging development has been the I strength of the Standard Oil issues on the stock exchange as well as in the outside market. This is taken by ft many as an indication that large in- " terests are now operating on the con.struetive side of the market for oil stocks on the belief that the year will fulfill most of the optimistic expecta- j tions. One Standard Oil official says that the next six months will record the greatest gasoline consumption in history, and that the t£ffdency of prices will he upward. Fourth Hour Prices among the industrial leaders steadied in the early afternoon and a slight rallying tendency set in. Re- j coveries, however, were mostly con- : fined to a fractional area. Professional attempts to start a renewal of the decline through rumors of dis- j appointing developments in connec- j tlon with the steel meeting tomorrow. i proved fruitless and steel common | led the improvement noticeably in the j fourth hour. Many manufacturers j hold to the opinion that the bottom in j steel production is close at hand. The steel industry Is drawing on ware-; house supplies so that consumption is larger than indicated by present production. When warehouse stocks are depleted they will have to be replaced and this means increased production. Twenty leading rails Saturday averaged 81.25 off .05. Twenty leading industrials averaged 92.02 up .51. Produce Markets IT INDIANAPOLIS. April 3fc. —Fresh eggs, r josa off. 20c; packmtr stock butter. 2jo; spring’s over 2 lbs , 23c: fowls, 5Vs lbs. up. 23c; fowls, under 4% lbs., 18e, Leghorn poultry. £5 per cent discount; cocks. 13c; j stags. 18c; young tom turkeys. 12 lbs. up, 1 24c; young hen turkeys. 8 lbs. up. 24c - I geese. 10 lbs. up. 12c; squabs. 11 lbs. to the dor.. $5.50: old guineas. d0z..,'54.60. Indianapolis oream , ncs are paying 52c per pound for butter fat. CLEVELAND. April 28—Butter—Extra in tubs. 40% tri 4‘l %>•: extra firsts, 39% 0 41 %c: firsts. 37%@39%<\ packing stock, 26ft31e: standard. 39%®41%e: prints, lc extra. Egg-—Fresh gathered northern extras. 26 %e: extra firsts. 25 %c: Ohio firsts. 23c- western firsts. 23c. Pou’Ty—Live fat fowls, 28@29e. springers. 28® 80c: Leghorn fowls. 25c; roosters. 18® 19c; heavy white ducks. 30<3 35c: medium fowls, 24 s ii 26c. Potatoes—Michigan round white. $2 ft 2.25; Minnesota white- $1.30® 1.50: New York. 52.25® 2 35. all in 130-pound bags; Ohio#. SI @llO bushel: California. S3® 3.26 box; Bermudas, new. sls® 16 barrel. NEW YORK, April 28—Flour, .quiet, unchanged: pork, dull: mess $24.75 @25.23: lard, steady: midwest spot. 51.10® 11.25; sugar .raw, dull; centrifugal, 50.28: refined, quiet: granulated. $7.10®8.10: coffee, Rio spot. 15015 lie: Santos No. 4. 18%® 19He: tallow, firm; special to extra, 7% ft 7Hc: hay. firm. No. 1 51.60: No. 2 51.30® ; I. dressed poultry, dull; turkeys. 200 36c: 1 chickens. 22 iff 48c: capons 33® 51c: ducks.' 80022 c: fowls 20® 34c; ducks L 1.. 20® 25c: live poultry, quiet; geese. 10® 15c: ducks 13® 30c: fowls. 26® 28c: turkeys. 25 j @ 30c roosters. 14c: capons. 45@50e: broilers. 35@65c; cheese, steady; State whole I mitk. common to special. 15% ft 25c: State skims, common to special. 11 0 17c. Butter firm, receipts. 5.799. creamery extras. 37c: BP-cial market 37%*, 38e: State dairy tubs. 32 ft 36\c: Danish. 38 0 49c: Argentines. 33] @3se. Eggs, quiet, receipts. 24 546: nearby j white fancy. 32ft 34c nearby State whites. 26 ft 32c: western whites. 26ft 32c; fresh ! firsts. 24029 c: Pacific Coast nearby browns, 26® 35c: nearby browns. 29 ©32c. CHICAGO. April 28.—Butter—Receipts. 11, creamery extra. 36e: standards. 36c; -firsts. 34 He: seconds. 33 He. Eggs—Rokoeipts 43.120: ordinary firsts. 20%e; firsts, ■2IH *7 22c Cheese—Twins. 16 %c: young w Americans, 17 Hc. Poultry—lieceipts. 4 ; cars: fowls. 23ft25He: ducks. 28c: geese. 16c: turkeys. 22c; roosters. 15c: broilers. I 48 0 55c. Potatoes—Receipts. 311 < ars. j Quotations: Wisconsin round whites. Sift 125: Minnesota. North Dakota Red River Ohics 51 ft 1 50: Idaho russets. 52©2.40: i Montana msaet# $1.9001.05. Hay and Straw Trade By United binomial NEW YORK April 28.—Hay and straw receipts are Hgbt and the market oontinue* very firm Sale# of No. 1 hay have been made at 534. Large bale# timothy No. 1 onotable# 532 bid: No 2. 529 @3l: No. 3. 526 ft 28: small bale# timothy. No. 1, 532 bid: No. 3. 528@30; No. 3. $25087; large bales rye straw. sl9 0 20.

New York Stocks . <By Thomas & McKinnon) ——— —April 28—

Railroads— Prev. High Low. 1:30. close. Atchison . ...100% ... 100 % 10114 B & O 63 ... 52% 53% C & 0 74% •. . . 74 74% C & N W Ry 61 ... 51 CR & P 23% .. . 23% 24 Erie 25 24 % 24% 24% Gt North pfd.66 ... 58 . • • Lehigh Valley 41% 40% 40% 40% N Y Central 100% 100 100% 100% Northern Pac.sl% ... 51 51 Nor A West 123% P’l% 123 121% Per# Marq. . 46 46% 45% 46% Reading ... 53 % ... 52 % 58 % Sou Ry ... 53 43 % 52 % 53 % St LAS W. 35% ... 35% 36% Union Pac . 130% .. . 130 130% Wabash pfd.. 48% 45% 45% 45% KeJly-Spgfid. . 14% ... 14% ... U S Rubber. .29 ... 28 % 28 % Equipments— Am Loco 71% ... 71% ,’<2% Baldwin Loc 113% 110% 111% 113 Gen Electric.. 213 ... 210% 214% Pu'lman ... 117% ... 116% 117 West Elec... 60% ... 60% 60% Steels— Bethlehem... 51% 49% 50 §l% Colo Fuel ..34% 33% 33% 3*> % Crucible 53% 52 52% od Gulf States. 70% 67% 68% .0% Rep Iron & SI 47% ... 46 47 % US Steel... 100% 98 98% 100% Moto-s Chandler Mot 46% 44% 44% 47 General'Mot. 14 13% 13% }jj, Max Mot A 42 % 40% 42% Max Mot B. 11% ... 11% j,! J* Studebaker .. 85% 83% 84 521* Stewart-War.. 73% 71% 72 ,3 * Timken 34 % ... 34 % ... Cal Petrol... 74% 22 % 23 24% Ccsden 33% 31 % 32 52^ Houston Oil.. 67 V 64% 65 66 Marland Oil. .35 34 V* 34 Ja 3a Pan Am Pet B 45 • . . 44 % 48 Vi

Earlier laoeal brokers have received notice in accordance with daylight savings time, effective today in Chicago and New York, all markets from these centers will be opened one hour earlier, reports being received here one hour earlier, beginning today.

PROFIT-TAKING RIFE IN EARLY JIEALS ON CURB Oils Suffer Fractional Decline—Few Industrials Move Higher. By United Financial NEW YORK, April 28.—Profit-tak-ing was rife during the first hour of trading on the curb, with the oils suffering fractional declines. A scattering of industrials, such as Gillette Safety Razor, moved higher, but the coal shares and motor stocks were slightly lower. The earlier start this morning automatically shut off much out-of-town support in the first hour. Prairie Oil and Gas fell four points before midday, and other high-priced Standard Oil issues showed losses. The South American oils, too, showed declines. Curb metal stocks were quiet with advances and declines about evenly distributed. LOAN NEWS AIbTFOREIGN AND DOMESTIC BOND LIST Transaction Light. Dus to Market j Opening on Daylight Savings Time. By United Financial NEW YORK. April 28— ITransactions in the bond market ruled light j throughout the morning, due to the opening of the New York market on daylight saving time. Renewal of call loan rates at 3% per cent and European dispatches indicating proposed German loan negotiations are progressing strengthened the foreign and domestic Government bonds in early ■ trading. Industrials held firm. Publication of Czarinknow-Rionda analysis of sugar situation indicating necessity of importing 126,000 tons fuil duty , sugar to overcome increased consumption this year, favorably affected sugar producing company bonds. Rails were ! steady" to firm. Indianapolis Stocks —April 28Bid. Ask. j American Central Life ... | Amer Creosotiny Cos pfd.... 96 H ... Advance Rumely Cos com ... Advance Rumely Cos pfd ... 1 Belt R R com 74 ... Bolt R R old 53 ... Century Bids Cos pfd 98% ... Cities Service Cos com ... • • • Cities Service Cos pid • • • Citizens Gas Cos com 28 30 Citizens Gas Cos pfd 102 ... Indiana Hotel com 100 ... Indiana Hotel pfd 100 ... Indiana Pipe Line pfd 92 93 Indiana Title Guaranty C 0... 90 ... Indpis Abattoir pfd 45 Indpls Gas 51 55 Indpis & Northwestern pfd.. 31 ... Indpls & Southeastern pfd 45 Indpis St Ry 57 62 Indpls Tel Cos com." 1 ... Indpls Tel Cos pfd 90 Mer Pub Util Cos pfd 82 National Motor Car Cos ... Public Savinzs Ins Cos 12 ... Rauh Fcrtilzer pfd 49 ... Standard Oil of Ind 68 ... Sterling Fire Ins 10 ... T H. I & E com 2 5 T 11. I & E pfd 10 20 T H Tr and Lt Cos pfd 88 Union Trae of In doom 3 Union Trae of Ind Ist pfd.. .. 15 Union Trae of Ind 2d pfd.. .. 6 Van Camp Prod Ist pfd 98 Van Camp Prod 2d pfd 98 Vandaiia Cot! Cos com 4 Vandalia Coal Cos pld 7 Wabash Ry Cos com ... Wabash Ry Cos pfd ... Bonds Belt R R & S Y 4s. May. 1930 81 Broad Ripple ss. July, 1923. .53 ... Cent Ind Gas os. Sept.. 1931 .. ... Cent Ind P Cos 6s. July. 1947 Citizens Gas ss. July, 1942.. 88% 89% Citizens Gas 7s. serial 101 105 Citizens St Ry ss, May. 1933 81 85 Ind Coke &. G 6s, April. 1946 90 95 Ird Hotel os. July. 1931 94% 99% Ind Hotel Cos 2d 6s. draw.... 100 Ind North 6s. Oct., 1923 ... Ind Ry and Lt ss, Jan., 1943 90 Ind Serv Cor ss, Jan., 1950. ... ... Ind Union Trae ss. -July. 1923 .. ... Indpls Ab Cos 7% s. Sept.. ’3l 99 102 Indpls Col & So 6s. Feb., 1948 96 99% Indpls Gas 6s. Oct.. 1952... 87% 89 Indpls L & H ss, April. 1940 96 100 Indpls A Mart ss. Jan . 1932 40 Indpls Nor 6s. July. 1932. ... 40 43 Indpls & Nor ss. Mar.. 1923.. 40 43 Indpls & S E ss. Jan.. 1923. .25 ... Indpls S & S E sa. Jan.. 32 30 ... Indpls St Ry 4s. Jan . 1923. . 01% 65 Indpls T & T ss. Jan , 1923. . 88 89 Indpls Un R.v 6s. Jan.. 1965 94 ... Indpls Un Ry 4%5. May, ’2O 95 ... Indpls Wa 6%5. March. 1953 90% ... Indpls Water 4%s 90 ... Ind Pub Ser os. April. 1943. .89 92% T H 1 * E 6s. Aug.. ’45 60 03 T H Tr and Lt ss. May. 1944 82 Un Trae of Ind 6s. July. '32 54 69 Bank Stacki Aetna Trust and Savings C0..103 ... Bankers Trust Cos 11l ... City Trust Cos 100 ... Conitinental National Bank... 100 ... Farmers Trust Cos 206 ... Fidelity Trust Cos ✓.160 ... Fletcher American Natl Bank. 130 144 Fletcher Sav and Trust Cos. . 200 225 Indiana National Bank 250 270 Indiana Trust Cos 212 ... Live Stock Exchange Bank.. .. - ... Marion County State Bank... 150 ... Merchant* National Bank.... 311 ... Peoples State Bank ... Security Trust Cos. . .170 . . . State Savings and Trust Cos. .100 118 Union Trust Cos 310 356 Washington Sav and Tr Cos. . .150 Local Bank Clearings Indianapolis bank clearings today were $2,780,000 Bank debits wars $4,848,000.

Prev. High. Low. 12-45. olos# Pacific Oil. . . 49 % 48 48 50 % Pro and Ref. 27 ... 25 27% Pure Oil ... 22% ... 22% 22% Stand Oil Cal 59 % ... f.B 59 % Stand Oil NJ. 36% ... 36 36% Sinclair .... 21% ... 20% 21% Texas Cos. ... 41 % ... 40% 41 % Timken .... 4% ... 4% 4% Minings— Gt Nor Ore.. 27% ... 27% 27% Coppers— Am Smelting. 61% ... 61 61% Anaconda . . 32 % ... 32 % 32 % Kennecott . ..38% ... 38% 38% Industrials— Yellow Cab .48 ... 47% ... Yellow Cab M 57 .. ■ 54% ... American C. .102% 100% 100% 102% Am Woolen.. 66 ... 64V* 66% Coca-C01a.... 65 % 64 Vi 64 % 66 % Cont Can 47% 47 47% 48 Davison Chem 46 ... 43% 46% Fam Players. 70% 68% 69% 70% Gen. Asphalt. 35% 34% 35 36 Mont Ward.. 23% . 23% 23% Sears-Roebuck 83 % 81% 81% 84 ÜBC Iron P 90% 85% 86% 89 V* U S Ind Alco 67% 65% 66 68 Utilities— Am T and T. 125% ... 125 125% Consoli Gas.. 62% 62% 62% 62% Columbia Gas 35% 35% 35% 35% Shipping— Am Int Corp 21% 20% 20 % 21% Int M M pfd 33% ... 31% 33% Foods— Am Sugar. 41% ... 39% 42 C C Sug pfd 58 % ... 57 % 59 Pub-A. Sugar 32 % ... 32 % 32 % Punta Alegre. 57 ... 57 58 % Tobaccos— Tob Prod B. 55% ... 55% 56%

WHEAT RECOVERS PAD! OF LOSSES i Grain Closes With Irregular Undertone, By I nited Financial CHICAGO. April 28.—Grains closed with an Irregular undertone on the Board of Trade today. Wheat and oats were lower: corn higher. Considerable changing over from May to deferred deliveries featured in all grains. Wheat close,! at a slight decline after recovering most of the day's losses. The rally waa influenced by corn. Exports were small and con►fined to Manitoba*. I.ate crop news was mixed. Southwestern conditions appeared fine an i are expected to offset the poorer conditions in the central area. Indications of a lighter movement in corn for the next few days due to j rainy weather caused shorts to cover and hrough* a recovery from the day’s j slump. Cash business was close, de- I spite a shade in prices. Oats felt the effects of weakness in j wheat and closed lowe-. Provisions remained inactive after midday and final figures showed recessions. All offers were on a lower bat-is, but sellers did not press. Chicago Grain Table —At nl 28— WHEAT— Prev Open. High Low Close, close. May .1.03% 1.03% 102% 1.03 1.03 - July .|.06% 1.06% 1.04% 1.05% 1.05 - Sept. .106% 1.06% 1.05% 1.06% 106% CORN— May . .76% .77% .76% .77 .70% j July . .78 78 % 77% 78% 78', Sept. . 77% .78 .77% .78 .77%' OATS— May . .46% .46% 46% .46% .46% : July . 44% .44% 44% .44% .44 % j Sep* 40.40% .39% .39% 40% I LARD— Mav .10 00 10.60 10.52 10 52 10.60 j RIBS—•May 9.70 9 77 RYE— May . 65% 05% .65% .05% .05% | July . .67% .07% .07% .07% .67% CHICAGO. Apr I 28.—Car lot receipts: ] Wheat. 13: corn. 130; Rye. 3; barley. 27. MARKETS atlcl other livestock CHICAGO. April 28 —Wheat—No 3 red. $103: No 2 hard. $1.04%® 112 No 3 $lO9. Com—No 2 . yellow. 78% ft 79c. No. 3. 76 ft 77 %c: No. 4. 75ft 75 % e No 5. 74 %ft 74 %e: No. 6. 72%®74%<* No. I 2 mixed. 16’c! No. ii. 7<@76%0: No. 4 75®75%c So. 5. 74®: No 6. 73 % *t. 71 %.-; ' No. 3 white, 76©77<*. No. 4 75*i 75%.••. ! jNo 6, 75k*. Oats—No. 3 white, 47% *i 48 %o. No 4. 46 *t 48c; standard*. 46ft 47 %c. Barley—73% ft 91c. Rye—No 4. 64 %c. Timothy—ss ft 7.50. Clover—sl3,soo 21. ST. LOUIS. April 28.—Wheat—No. 1 hard. 51.11; No. 2. $1.04 %ft 1 11; No. 3. $1.09; July. 51.04%; September. 51.05%. Com—No. 2 white, 80©80%o: No. 3. 76% @7BHe; No. 4. 76He; July. 79%c: September. 78c. Oats—No. 2 white, 49% ft 49%c: No. 3. 49ft49 %c: No. 4. 48%e; May. 48%c. TOLEDO, April 28—Wheat—$1.11 ft 1.12. Com—B3 ft 83 %o. Rye—oßc. Oath—s 4ft 55c. Barley—7sc. Cloverseed—slo; October, $11.75. Timothy-—Cash and May, $3.70: September. $4 Alsike—Cash .-irui August. $9.50. Biftter—2oft22c; Eggs—20ft 22c. Hay—s3o. Foreign Exchange® By United Financial NEW YORK. April 28.—Foreign exchange rates were nightly irregular ,at the opening. First prices included: Sterling, demand. 54.39%: cables. $4.39 %. Francs, demand. 0.50 %c; cables. 6.51 c. Lire, demand. 4.48 c: cables. 4.48%e. Belgium, de. mand. 5.50 %c; cables. 5.67 - Marks, 4 500,000.000.000 to the dollar. Czecho. demand. 2.94 c; cables, 2.94 %c. Swiss, demand, 17.75 c: cables, 17.77 c. Holland, .demand, 37.23 c: cables, 37.26 c. Spain, demand. 13.81 c: cables. 13.83 c. Sweden, demand, 26.280: cables. 20.32 c. Norway- demand 13.79 c: cables, 13.83 c. Denmark, demand. 16 79c: cables, 16.83 c. Greece, demand, 2.01 %e: cables. 2.02 c. Tank Wagon Prices (Gasoline prices do not include State tax of 2c a gallon.) GASOLlNF.—Energee, 22c a rallon; Purol, 18.2 c; Red Crown, 18.2 c: Diamond Gas, 18.2 c; Crystal Pep, 21c; Target. 18.2 c; Sil. ver Flash. 22c; Standolind aviation. 23e. KEROSENE—Crystaline. 12.7 c a gallon; Moore Light. 15.5 c; ArclitC, 12.7 c: Perfection. 12.70; Solvent, 35qy NAPTHA—Lion Power Cleaners, 22.6 c a gallon: V. M. & P., 22.5c*. Standolind Cleaners. 22.50. New York Money Market By UnJed Financial NEW YORK. April 28.—The money market was again dull, with the demand very light at times. Money on call was plentiful, with the renewal rate named at 3 % per cent on the Stock Exchange and 3% in some places In the outside market. Time money was quiet, with the thirty-to-forty-five-day accommodations ruling easier at 4 % per cent. Longer maturities were 4 % per rent. Commercial paper was steady. There wo# an active demand for bankers' acceptances. Eggs Too Cheap MARSVILLE, Ky„ April 28.—Farm era in this region no longer take time from their planting tp gather eggs. “Hen fruit” has become so cheap that when the quotation dropped to 10 cents a dozen, farmers began giving away their eggs to truck drivers if they would gather them. Dyed Salmon WASHINGTON. April 28.—Red salmon, artificially colored with aniline lye, has been discovered here by local health authorities. Following reports of a similar occurrence In Philadelphia, belief is spreading that the dyed product may be distributed all along the Atlantic coast.

THE INDIANAPOLIS TIMES

HOGS STEADY TO 5 CENTS HIGHER Light Receipts Strengthens Market, Hog Prices Day by Day Apr. 250-300 lbs. 200-275 lbs. 150-180 lbs. [ 22. 7.65 7.65 7.65 23. 7.55 7.55 7.65: 24. 7.45 7.45 7.45 I 25. 7.60 7.00 7.60 V* 7.00 7.00 7.60 25. 7.00 7.60 7.60 Eight receipts supplied a firm tone , to the hog market and dealings were | accomplished on a steady to 5-cent higher .basis at the local livestock yards today. Practically all sales were made at $7.60 as compared to Saturdays’ early price of $7.60 and ■ the weaker closing marlj of $7.66. De- [ raand from all accounts seemed great enough to effect a good clearance of the yards although Kingan was not buying. There was an average number of shipping orders and offerings were moving satisfactorily. Most good sows were selling around $6.75 although a few light packers commanded a top of $7. Ordinary rough head were prices from $6 to $6.50. Demand for pigs was somewhat duller than th other classes and these were commanding down front $7, with only choice heavy pigs bringing the top price. There was 1,583 hold-overs and 4,000 fresh hogs on sale. Trading in the cattle division was | slow and the market dull. Traders .were of the opinion that the tendency i would develop into a somewhat shaded i market with all classes of stock suf- ' sering. The opinion seemed to be that | the local market is slightly above outI side quotations and if the decline de- ; veloped it would be in the way of lining up with the other trading centers. Good steers are priced from $8 to sll, with cows and heifers selling from $6 to $9. Receipts, 1,100. Many good veals were selling at $lO with the bulk moving from $9.50 to this figure. A few choice odd fancies commanded the top quotation of $10.50. The market seemed to have a j firmer undertone than hus been the case for several days, in line with bet ter demand for veal in the East. With only a few head of sheep and iambs being received trading in this quarter was practically at a standstill. Prices were only nominal. —Hug*— Choice lights $ 7 00 Light mixed 7.60 Medium mixed 7 60 Heavyweight# 7.50 0 7.60 Bulk of sales 7.60 Top 7.00 Packing sows 6.250 7 00 Pigs o.ooft 7.00 | —Cattle—!*nme corn fed steers. 1,000 to 1.800 lbs $ 9.00® 11 00 Good to choice steers. 1.000 to 1,100 lbs 8.50® 9.00 Good to choice steers, 1.000 to 1.200 lbs 7.50 0 9 00 Good to choice steers, 1,000 to 1,700 lbs 6 06 ® 7 50 Common to medium steers, 800 to 1,000 lbs 6.00® 7.00 —Cow* and Heifers— Good to light heifer* $ 6 00® 9 00 Good heavyweight 7 00® 8 00 Medium heifers 6.00 ft 7.00 Common heifers 300 ft 6.00 Fair cows 0.00 ft 7.26 Cutters 2.75 ft 325 i Connors 2.75 ft 3.75 —Bull#— Fancy butcher bulls 5 5.00© 6 00 Good to chmce butcher bulls. 6 00ft 6.50 Bologna bulls 4.25 ft 4.75; Citlvt** ■ ! Choice veals $ 0 50© 10 00 , Good veals 7.50 ft 8.50 j Lightweight veals 6 00ft 7.00 | Common heavies 6.00 ft 7.00; i Top 10.60 —Sheep and Lambs— I Extra chol.-e lambs, sl3.ooft 16.00 ; Heavy lambs 10.00 ft 13.00 Cull lambs o.ooft 10.00 Good to choice ewes... 6.00 ft 850 Culls 3.00 ft 5.00 Spring lambs 12 00ft 16.00 Other Livestock CHICAGO. April 28—Cattle—Receiot#. 19.000: market for beef steers and fat she j stock unevnely lower; most 15 ft 25c iff on : fed ste.-rs grading medium and above: nhipI ping demand mural: trade streaky and uneven; early top matured steers sll 50; bulk, 38.60 ft 10.25: common kinds and Stockers and feeders steady, most vealers. $7.5"® 850 to packers. Sheep—Receipts. 10,000; market slow very little early business: few medium fat clipped lambs. 513.50® 14; around steady: talking lower on fat sheep. CINCINNATI. April 28.—Receipts. 1.200; market. #lov. . steers, good to choice. 58ft 10: calves, market steady; good to choice. 59 ft It). Hog*—Receipts 5,200: market, active and steady good to choice packers and butchers. 57.90 Sheep—Receipts 100: market lower: good to choice, s7ft 9. Lambs market slow; good to choice, 515.50 ft 10; springers, 512 ft 20. TOLEDO. April 28.—Hogs Receipts 1.000; market lower: heavies s7.soft-7.65; mediums. $7.00® 7 65; yorkers, $7 50ft 7.00; good pigs. 50.75@7. Calve#—Market slow. Sheep and lambs—Market slow. Butter—4l ©42c. Eggs—Sy)ft22c. Hay—s3o. PITTSBURGH. April 28.—Cattle—Re ceipts. 50 loads: market. slow; choice,' 510.50ft-11; good. 59.25 ft 10.25; fair. $7.75 -ft 8.50; veal calves. 59.50 ft 10 50. Sheep and lambs—Receipts. 10 dd; market, slow; prime wethers. sßftß.so; good $7.25ft7.75; fair mixed, 55.50© 0.50; lambs. slsft2o. Hogs—Receipts, 55 dd: market, lower; prime heavy, $7.80® 7.85; mediums 58:®* heavy yorkers. 58: light yorkers, $7@7..>0; pigs. $0.75@7; roughs. $5.75 0 6.25; stags. $3 @3.75. CLEVELAND. April 28,—Hogs—Receipts 600 market, steady; yorkers. 57.75; mixed, $7.75; mediums, 57.75; pigs. $7.25: roughs. 56.25: stags. $4.50. Cattle—Receipts, 800: market, slow: good to choice bulls, so® 7.50; good to choice steers, ss® 10: good to choice heifers. s7@B: good to choice cows. $5®6.75; fair to good cows. s4fts: common cows, $2 ft'3.so; milkers. $35 ft 75. Sheep and lambs—Receipts. 800; marekt. steady; top. sls. Calves—Receipts. 1,100. market, steady; top, sll. EAST ST. LOUIS. April 28.—Cattle—Receipts, 4 f.OO: bidding lower; native beef steers, $7.1007.60; cows. $6.25 ft 6.75; fanners and cutters, $2.25 ft 3.50: calves. $8 ft 8.50. Hogs—Receipts, 16.000; market s@loo lower; heavies, $7.25 0 7.45; mediums, $7.3507.60; light, $707.50; light lights, $0.250 7.40; packing sows, $0,250 6.60: pigs, $5.6006.75: bulk. s7.2oft-7.45. Sheep —Receipts. 1,500; sheep dull and lower; ewes. $5.50 ft'B.so; cannerg and cutters, [email protected]; wool lamtw. sl4® 10.60. EAST BUFFALO, April 28.—Cattle—Receipts. 2,700; market fairly active, 2oc to 600 lower; shipping steers. [email protected]; butcher grades. SBO-8; heifers, $0@8; cows, ■52.25 ft 7 bulls. $303.50: feeders, s4® 6.25; milk cows and springers. 530®115. Calves—Receipts. 3,200; market, choice active and steady, common weak; culls to choice. s3©ill. Sheep and lambs—Receipts. 10.000: market, lambs active and steady; sheep dull. 500 lower; choice lambs. sl6® 17; culls to fair. $10016.50; clipped lambs, $9.50@15; yearlings. s9© 12; sheep. s3® 9.25. Hogs—Receipts. 20.000; market active, 15c to 20c lower: yorkers. $7.25® 7.85: pigs. $707.25; mixed. [email protected]; heavy, [email protected]; roughs, $6®6.50; stags, s4® 4.50. FESLER STAYS ON BOARD (/ourt Sustains Demurrer Ousting Suit Fill'd by Elian VV. Dulberger. That Iseo K. Fesler can act as Marion County election commissioner and at the same time serve as treasurer of the "Shank-for-Govemor” Club, and he a candidate for delegates to the Republican State convention, was the opinion today of Superior Judge James M. Leathers. The court sustained a demurrer attacking the injunction filed by Ellas W. Dulberger, Republican candidate for nomination for Governor.

FORTUNE SWINGS TO 0. S, BRITISH PLANE IS WRECKED MacLaren’s Bid for World Flight Honors Faces Delay of Two Weeks, By United Press KARACHI, India, April 28.—Forced down onto the sandy wastes of the Sind Desert hear Bali, Major MacLaren today left his British round-the-world flight plane yesterday and returned to Karachi in search of a new engine. The British globe-girdling plane will probably be delayed a fortnight by the accident to MacLaren’s machine, which interrupted his eastward flight from Karachi Saturday. It is reported the British airman will find it impossible to obtain the ; necessary engine or parts in India and that an engine will have to lie | brought from Irqua by steamer. MacLaren’s flying time from Eng-1 land to Partu. the desert town at j which he descended Saturday Is 73 hours 13 minutes. FRENCHMAN TAKES LEAD D’Oisey Continues Long Distance j Flight to Japan. By United Press PARIS, April 28.—Lieut. Pellier! D”Oisy, French airman who set out ] from Pans Thursday in a dash for distance flight honors, is believed to! have overtaken Major M icLaren, British flyer, who left England last month. D’Oisy. attempting a flight to Japan, which may be extended into an around-the-world effort, was last reported to have taken off from Basra, .a frontier city of Asiatic Turkey, n> ir the Persian gulf, for Karachi. Where Nimrods Get Big Ones For several years Big Racoon Creek ; near Bainbridge, Ind , has been for-1 saken by local anglers. Asa result j the stream is restocked and reportsare that it is fairly alive with fish— ! principally bass. Several Indianapolis men who fished: there this vetk brought home some | beauties weighing from IVi to 2 % pounds. They used horny chubs chiefly as bait, but had several strikes j on night crasilers. Big Raccoon Creek Is a swift mov j ing stream. It has its source in Montgomery County and flows in aSouthwest direction through shale and clay banks. To reach the fishing section; Drive west on Rockville Rd.. to first stream west of Bainbridge; any j road running north beyond Bainbridge also reaches the stream. The Portland Mills Rd. Just west of the town usually is taken. iA*t the Times know what luck you have. STUDENTS IN AUTO CRASH One Killed, Two Seriously Injured, When Cars Collide By United Press WASHINGTON, Ind., April 28.—j Bennie Keith and Frank Forbes are 1 recovering today from serious injuries ; receoive.l in an auto accident Sunday in which a companion, Charles MCafferty, was instantly killed and three others received minor bruises. All are Washington High School! students. Their auto collided with a machine driven by a party of high schbol students from Bedford. McCaf ferty’s neck was broken. The Bedford youths escaped injury. Radio Fails In Australia By United Press PHILADELPHIA. April 28 —Radio thus far has failed to mak>- much of an impression on a vast continent in the South Pacific Ocean —Australia, j There is only one broadcast a station on that continent, located at Sydney, and it does not reach beyond the Sydney neighborhood. Births Girl# Aumist and Caroline Kiewltt. 1316 S. Ea#t Oliver and May Patterson. 513 Patterson. S'cott and Cora Bioknell. 333 8 Rural L< roy and Myrtle Brocklehurst, 2026 Dear bori . Georg# and Ethel Carroll. 816 Harrison, j William and Viola Malt#berge,r. 1615 Spann. William and Mary Buis. 3344 Robson. Geortra and Adda Stoner. 12 McLean PI. Neal and Bertha Cralley, 1433 S. Talbott Boys Elbert and Ruth Charpie. 2326 Nowland j Paul and Lena Hupke. 1207 S. Meridian. ! George anti Edith Drechsel. 3204 McPher- ; son William and Elsie Arnold, 1200 Troy. John and Emma Kiefer. 2455 N. Delaware James and Lillian O'Brien. St. Vincent Hob- ! pital. „ „ Delbert and Mina Arthur. St. Vincent Hos- | Russell and Ime Burkey, 2139 Ashland. Deaths Dorothy Virginia Blocklehurst, 1 hour, i 2620 N Dearborn, inanition. Sarah Ella Jessup, 05. Deaconess Hospital. obstruction of bowels. Leo Franklin Kimberlin, 9 months, 2826 Chester, capillary bronchitis. John H. Mugg. 64. St. Vincent's Hospital, chronic ntterstitial nephritis. Elsie A. Fisher. 71, 2520 E. Tenth, carcinoma. Nellie Boggs. 29, Methodist Hospital, acute cholecystitis. Eugene M. Parrott. 58, 025 N. Delaware, pulmonary staphytocic infection. John Henry Sager, 74. 1528 Lexington, hepatic cirrhosis. Henrietta Ott, 71, 1029 Turner Dr., lobar pneumonia. Albert L Booth, 53. 2422 Hovey. acute myocarditis. Mary A. Erzinger, 38. 3027 Nowland, chronic myocarditis. Vendee Pauline Keys. 39, 922 N. Jefferson, pulmonary oedema. Sarah E. Clifton. 85. 116 W. Twenty-Sec-ond. chronic myocarditis. Building Permits (Recorded Saturday, April 20.) Taylor C. Power, dwelling. 4202 Central, $14,500. Taylor 0. Power, furnace, 4202 Central. $430. Frank Nloely, garage. 1219 Gross. $250. Waiter Evans, dwelling, 5402 Park. $3,200. William Smith, sun room. 2910 College. S4OO. John A. Busald. dwelling. 921 Bradbury. $7,500. John A. Busald. {urnace, 921 Bradbury, $24 rt. Walter Ruddell. furnace, 2212 Sherman, S2OO. Walter Ruddell, dwelling. 2212 Sherman, $3,400. Bert Unversaw, dwelling. 330 W. Thirty- | First, $4,500. M. L. Stringer, addition. 610 Eugene, $393 Allen Thoma#, garage, 123 W. Thurttieth, 1 $538.

Writes Million Letters; Tired

By NEA Service Writer NEW YORK. April 2i.--Holding the pulse of American thought has so tired Robert J. Cuddihy that he has gone to Europe for a little rest. During fifteen days recently he sent out 15,000,000 letters to get the country's slant on one subject—tax reduction! In 1920 he sent 11,000,000 letters to get a pre-convention presidential primary poll In 1922 he mailed 10,000,000 letters to get the Nation's views on prohibition and the bonus. And in between times he has been sending about 100,000 letters a day to correspondents all over the country—just to keep a steady hold on the pulse of American thought. Sedale and Retiring For Cuddihy is publisher of the Literary Digest, the national weekly which strives to present the views of the press and the thought of the world. Sedate and retiring, this man of betters shrinks from breaking into print himself. Never before had he granted an interview. But the prospect of a vacation, after so long a vigil at his work, brought him out of his shell a little. Here are some of his thoughts on American thinking, which he gave me just before sailing: “This country thinks more clearly and more deeply than any other nation. For Americans innately are dear thinkers. Our polls have demonstrated this. In the last one taken —on the Mellon tax reduction —we received votes from more than 2.006,000 persons who gave considerable thought to the question, involved in its very nature. “Yet the views showed a variety of opinion. South Dakota voted against' the plan; New Jersey'voted for it eight to one. “Generally speaking, however, there is little difference in the mental activity of people in ’he several parts if the country. “For mentally, us well as politically. we are a United States. “Our people are keen in discerning the difference between truth and error. They are able to. see beiow the headline —when it doesn't tell the whole truth. 'S metimes certain sections of the country ar- attacked for their views.

News that affects you most YOU may be entertained by news of the Yanks and the Giants, but you aren’t vitally interested unless you have money at stake; and the shifting of European boundaries doesn't affect you half so much as the softness of your mattress, the comfort of your shoes, what you ate for breakfast, how much your last hat cost. That’s why advertising news deserves as much attention as sporting or international news. The advertisements keep you informed of all the latest comforts and conveniences that can make your daily living more delightful. They tell where to secure the best, how to save money, how to lessen work, have a better home, better food, better clothes, more luxuries. You can’t keep up with the daily news —the kind that affects you most — unless you read the advertisements. They are the chronometers of local time. You’ll find it highly profitable to adjust your living by them. ®@ HI Advertisements are the only news that really save you money—read them all

ROBERT J. CUDDIHY

The Northwest is condemned for allowing a so-called radical element — apt to be led astray occasionally— to dominate its thought. Yet it should I not be overlooked that some of the ! finest educational institutions in the j land are there; and that some of the I finest minds in Congress come from there. “It is impossible t 6 make a i ‘thought’ map of the country. For the same thoughts, the same fe 1- | ings, the same principles are nation- | wide. Country Is Happy ' “There hasn’t been a time in the past fifty years when the country, on the whole, was as happy as it is now. And the greater comfo:ts of life that are ours haven’t slack and the mental activity of our people. “Americans are the happiest people on earth —but some of them | seem to forget it on occasion.’’ With these closing words of good che^*—not from a profersional optimist, either, but from a close watcher of the American mind —Cuddihy sailed on his little “vacation.” But his associates on shore confided that most of his time will be spent feeling out the thought of Europe—and helping relieve the plight of the German orphans. BURGLARS GET $5,000 Store Safe in Business District at Anderson Looted. ! By United Press ANDERSON. Ind.. April 28.—-Five | thousand dollars in loot was obtained I by burglars who broke the lock off the j safe of the Fair department store, in the center of the business district ; early today. The plunder included I cash. Liberty bonds and merchandise.

PROSECUTORS COOPERATE I Richmond Man Addresses ParentTeachers in Spring Meeting. E. M. Campfield. Richptond. Ind.'! addressed the spring boaid meeting jof the Indiana Parent-Teachers Association at the Lincoln today. Campfield said county prosecutors have shown cooperation in fight to suppress undesirable magazines.

SEE HI JOHNSON AS MAN WITHOUT POLITICAL PARTY Experts Scout Threat to Leave G, 0, P, —Say Liberals Don’t Want Him, By LAWRENCE MARTIN, United Press Staff Correspondent WASHINGTON, April 28.—1n Hiram Johnson’s latest threat to sever all connection with the Republican party, some observers see a big for the third party nominat'on. But to this suggestion the leaf.ers of the independent movement are returning an emphatic negative. The poiitica! future of the California Senator, therefore, bids fair to be comparable to the fate of that man who had no country. He has won the enmity of the regular Republicans and has not gained the trust of the liberals. He seems to be fated to pass finally from the ranks of those who figure materially in * national politics. f Lafolette Unable to Run Some of Johson's friends had hopes that the Lafollette independents might find the Californian, with his aggressiveness in campaigning and his ap peal to audiences, a fitting standard bearer for the movement which is now rolling up behind Lafollette. The Wisconsin Senator who is keeping silent while his supporters are working hard for him in a dozen or more states, is in no shape physically to withstand the rigors of a presidential campaign. His family is undestood to have vetoed all suggestions that he run knowing that he would endanger his life. But if Lafollette doesn't run what will become of the independent movement, is the question beiny asked. La Follette's name will be on the ballot in from seven to a doben States unless he keeps it off by main force. The political power he represents today is uncomputed because uncertain. But it is very great. But it is 90 per cent La Follette pow r er and not even La Follette could transfer it to Johnson. even if he wished to, which he does not. Remember Newberry Johnson might stand in better repute with the progressive had he not, during the early days of the Harding regime, put himself In the position of trying to appear "regqlar.” His failure to vote on Newberry and his support of the tariff are still remembered by progressives. This phase of his political development was succeeded by a gradual breaking away from the Administration, that break culminating on the announcement of his candidacy. On the issue then raised. Mr. Coolidge soundly whipped him. Inventors Busy RIO DE JANEIRO, April 28.—A hurst of inventive genius in this country during the last two fiscal years has resulted in 216,170 applications for patents and has enriched the na tional coffers by $3,026,486. The com | missioner of patents has asked for 100 extra examiners.

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