Indianapolis Times, Volume 35, Number 307, Indianapolis, Marion County, 7 May 1924 — Page 11

WEDNESDAY, MAY 7,1924

CALIFORNIA AND INDIANA ELECTION ■ NEWS SPURS LIRE Returns Favorable to Coolidge Stimulates Early Dealings, The WALL STREET JOURNAL NEW YORK, May 7. —Stocks were stimulate! in the early and ialings by the primary returns from Indiana and California, which appeared to insure the' nomination of Coolidge at the Cleveland convention. The market also received impetus from a Berlin dispatch announcing that the Nationalist leader who will be called upon to form anew German cabinet has pledged nis party’s support to the Dawes plan with certain reservations. New highs on the current recovery were reported in initial trading by Studebaker at S5 7 s, General Electric at 22214, American Smelting at 65 and Ivennecott at 39 r g. Rails followed industrials. Texas & Pacific reaching a new high on the move at 30 V>: D., L. & W. at 11614 and Atlantic Coast Line at 110 a i. First Hour Initial buoyancy in the industrials subsided before the close of the first hour, but speculative leaders maintained a steady tone and operations for the rise went ahead in various rails and in several specialties. Air Reduction reached anew high on the move at 77’a, up 4 from Tuesday’s low. Its strength was based on its favorable earnings position. Las*, year the company earned three times its S4 dividend rate and the first quarter earnings this year were around ?3 a share. Second Hour Resumption of aggressiveness on the upside in American Can and Studebaker, imparted a vigorous tone to dealings in the general list in the second hour. Studebaker old stock, which will be stricken from the list May 12, reached new high ground on the recovery at 86*s and the new stock at 34 s s, while American Can was rapidly bid up. reaching the high of 104% a rebound of close to 9 points from the year’s low. For a $5 stock Can’s behavior has been remarkable. Noon Hour Industrials generally derived further encouragement around the noon hour from the more optimistic tenor of the weekly reports of the steel situation. The iron trade reviews sa.d that indications pointed to a better balanced condition in the market as a result of recent curtailment of production, and declared that sentiment was distinctly brighter. Steel stocks were not quite so responsive as other industrials to the more encouraging* tone of these surveys, due to hesitation pending the April unfilled tonnage figures of U. S. Steel to be out Saturday. Fourth Hour In the late afternoon, an attempt was made to dampen enthusiasm in the general list through a drive on Sinclair and other active oils, b.’t this maneuver went without effect as far as the market as a whole was concerned. Impressive strength was displayed by the greater part of the list under influence of continued aggressively bullish operations in such leaders as American Can, Studebaker and American Smelting. Final Hour Professional attempts to arrest recovery in the general list were concentrated during the last hour in a drive on Sinclair, which was depressed to anew low for the year at 18%. This had an unsettling effect on other oils, but failed to disturb the rest of the market. Studebaker closed at the best levels of the present movement. Twenty average Industrials Tuesday averaged 92.24, up .01 per cent. Twenty leading rails, 91.71, up .13 per cent. Local Bank Clearings Indianapolis bank clearings Wednesday were 54,790,000. Bank debits were SO,926.000. New York Money Market By United Financial NEW YORK. May 7. —The money market continues easy und>r heAy offerings' irom interior points. Call money again renewed at 3% per cent and held through at that figure to the alternoon. Time was ruled slow, with brokers bidding 4 per cent and banks offerings at 4% . Commercial paper continue* fairly active, with the range 4 ■# ® 4% per cent. Bankers acceptances are well taken in both short and lon,- term bills. Foreign Exchange Bn United Financial NEW YORK. May 7.—The leading foreign rates were lower at the close, but the tone was steady. Sterling. $4.38 %. Francs, 6 48c. Lire. 4.49 c. Belgian. 5.23 c. Marks. 4.210,01,0,000,000 to the dollar. C/.eoho. 2.9314 e. Swiss. 17.80 c. Guilders. 37.47 c. Pesetas. 13.86 c. Sweden. 26.45 e. Norway, 13.90 e. Denmark. 16.99 c. Raw Sugar Market By lnitrd Financial NEW YORK. May 7.—Ra n ’ suerar futures opened lows-r with May 4.1 4.1 7 c; July, 4 4

LOOKING AHEAD ,To one who has watched the progress and development of Indiana it requires no special gift of foresight to visualize the growth that will come with the years just ahead. Five of Indiana’s largest electric light and power companies, serving over 72,800 customers, operating as subsidiaries of Central Indiana Power Company, will aid in this growth and share in its benefits. Our Preferred Securities, now offered at $92.50 per share, pay better th< oT 7%% on the investment. You can buy for cash or on month payments. Call, phone or write — INVESTMENT DEPARTMENT Central Indiana Power Company Its Subsidiaries Are: Merchants Heat & Light Cos. Wabash Valley Electric Cos. Northern Indiana Power Cos. Valparaiso Lighting Cos. Indiana Electric Corporation A Hoosier Institution

New York Stocks ißy Thomas A McKinnon! ——————— —May 7—■

Railroads— At Prev. High. Low. 1:30 close. Atchison ....100% 100% 100% 100% At Coast L. .120% 119% 12*1% D9 B& 0 53 152 % 53 63 C & 0 74% 74% 74% 74% C & N W. . . 53 51 % 53 51 % C. R & P. . . 24 % 24 % 24 % 24 % Erie 25 % 25 25 % 24 ■% Gt North pfd 58% 58 58% 57% Lehigh Valley 41 % 41 % 41 % 41 Mo Pac pfd. 41% 41 41% 41 N Y Central. 101% 101% 101% 101% Nor Pacific.. 53 52% 52% 62% Norfolk &W. 123% 123 123% 122% P-Marquette. . 48 47% 48 48% Reading 53 52 % 63 ... Sou Railway. 53% 53% 53% 53% So. Pacific... 89% 88% 89% 88% St Paul pfd.. 27 20% 26% 26% Union Pac.. 131 .131 130% Wabash pfd. 45% 45% 45% 45% Rubbers— Goodyear pfd 42 % 42 % 42 % .... U. S. Rubber 29% 29% 29% 29% Equipments— Bald Loco. . 113% 112% 113% 113% Gen Electric 222% 220% 221 % 220% Lima Loco. . 60 % 60 00% 60 West Elec.... 56% .... 58% 56% Steels— Bethlehem .. 49% 49% 49% 49% Colorado Fuel. 42% 41% 4% 41% Crucible 53% ... 53% 63 Gult States.. 68% 68% 68%' 68 Rep Iron & S 46% 46 46% 45% U S Steel... 90% 98 Vi 98% 98% Motors—• Chandler Mo. 45 % 45 % 45 % 45 Gen. Motors. 13% 13% 13% 13% Max Mo A ’ 43% 43 43% 43% Studebaker... 86% 85% 86% 85% Stewart -tv . . . 67% 67 67% 67 Timken .... 35% 35% 35% 35 Yellow Mfg.. 52 *51% 52 51% Minings— Gt Nor Ore.. 27% .... 27% 27% Int Nickel.. 12 11% 12%

WHEAT, CORN OFF SHARPLY AT CLOSE Oats Moving Independently; Finish Irregular, Bu Unit'd Financial CHICAGO, May 7.—Wheat and corn showed sharp losses at the close on the board today. Oats moving independently, finished irregular. Wheat was able to regain but a small fraction of its losses. Outside influences, mainly responsible for the noon hour dip. were aided biter by a pronounced break in corn. Indicative of the poor export demand, not a single bushel of grain cleared from the United States seaboards today. Canadian exports totalled 1,531,099 bushels. Easiness in corn was attributed to near settlement of the Argentine strike, flat demand and the closing down of a leading Eastern by-products manufacturer. A poor demand existed for mill feed everywhere. Improved cash business and unfa vorable crop news had beneficial effect on May and July .oats. September slumped slightly. Few sales were made in provisions. Chicago Grain Table —May 7 WHEAT— Prev. Open. High. Low. Close. close. May..' 104% 1.05 1 04% 1.04% 1.04% July.. 107% 1.07% 1.06% 1.06% 1.07 Sept . 1.07% 1.07% 1.07% 1.07 % 1.07% CORN— May.. .78 .78 .75% .76% 78 July.. 18 1 j ~ 8 % .77 % .77 % .78 % Sept.. .78% .78% .76% .76% .78% OATS May.. .47% .47% .46% .47% .47 July.. .14 % .44% .44 .44% .44% Sept.. .40% .40% .40.40% .40% LARD — May. 10.57 10 60 10.55 10.60 10.57 RIBS—•May 9.95 9 97 K YE May.. .65 .65 .64% 64% .64% July. .67% .67% .00% .66% .07 •Nominal. CHICAGO. May 7.—Carlot receipts were: Wheat, 19. corn. 74: oats. 54. Cash Grain CHICAGO, May 7.—Cash grain close: Wheat—No. 2 hard. $1.06%. Corn—No. 2 yellow 79 fit 79 %c: No. 3. 76% %7N %<■ No. 4. 74 % ® 75%c: No. 5. 74c; No. 0. 72<®73c: No. 2 mixed. 78%c: No. 3. 75% ’ r 'i?o%c: No. 4. 75 'll, 75 %c, No. 5. 73%-; No. 2 white. 7s % @79% c; No. 3. 77 %c. Oats—No. 3 white. 4S@49c: No. 4. 47 % 'a. 48 %c: standard. 45 %e. Barley—7o % 82c. Rye—No 2. 65% ®66 %c. Timothy—ssit 7.50. Clover—sl3.so® 21. TOLEDO. May 7.—Wheat —sl 12%. Corn—B2 %c. Rye—6B %c. Oats—s3® 54c. Barley— 77c. Cloverseed—slo.Bo; October. $11.90. Timothy—Cash and May. $3.50. September. $3 85 Alsike-—Cash. $9.50: August. $9.90. Butter—4o® 41c. Eggs—2l @ 22c. Hay—s3o. Grain Briefs CHICAGO. May 7.—While uncertainty exists as regards congressional action on numerous anti-exchange bills there is no disposition on the part of to extend their lines. The trades are Closely evened up daily. Based on private estimates, the total winter and spring wheat acreage In the United States and Canada will be around 6.000,000 less than last year. Recent heavy shipments have had a quieting effect in United Kingdom and Continental markets. Groomhall cables say. Previously, the good demand all around resulted in firm ness. France needs all the grain she has bought for her own consumption it is generally believed. There is some talk, however, of buying for speculation by Bourse traders. Cash interests find the only demand for their products exists in the pit and every day uncovers increased pressure of this kind in the May. Trading in oats during the last few days has been practically at a standstill, due largely to the fact that Minneapolis is underselling Chicago

Prev. High. Low. 13:45. close. Coppers— Am Smelt.. . 65 % 64 % 65 64 % Anaconda .. 32% 32% 32 Vi 32% Kenneeott ... 39 Vi '39 39 Vi 39 Oils— Cal Petrol... 24% 24 24% 23% Cosden .... 32% 31% 32% 31% Houston Oil. P" % .... 65 63% Marland Oil. LJ % 33% 33 Vi 33 Pan-Am Pete 49 Vi 48% 49% 48% Pan-A P (B) 4*% 46% *7% 46% Pacific Oil. . . 48% 48% 48% 48% Pro & Ref.. 25 Vi 24 % 25 Vi 25 Pure Oil 22 % 22 Vi 22 % S Oil of Cal.. 58 57% 58 58% S Oil of N J 36% 34% 36% 36 Sinlair 20% 19% 20 20% Texas Cos 41% .... 41 40% Industrials— Allied Chem. 73% 72 % 72 % 73 American C. .104% 102% 104% 102% Am Woolen.. 66% 66% 66 Vi 66 Vi Coca-C01a.... 66, ... 65 Vi 85 % Congoleuni. . . 40% 30 39% 40 Vs Cont Can .. . 47 Vi 47 Vi 47% 47% Davison Chem 53 51% 62% 62% Fain Players. 70 Vi 69% 70 69 V* 1 Gen. Asphalt. ,37 36% 37 36 Vi Int Harvester 85% 84% 85 % 84 % Mont Ward.. 23% ... 23% 23% Sears-Roebuek 84% 84 Vi 84% 83% USC Iron P 90 88% 89% 89 Vi U S Ind Alco 69% 68% 60% 68% Utilities— Am T and T. 125% .. . 125% * 126 Consoli Gas.. 65% 65 65 % 65% Columbia Gas 36% ... 36% 36% Shipping— Am Int Corp 23 Vi ... 23 % 23 % Int M M pfd 37 Vi 36% 37 37 Foods— Am Sugar... 44% 43% 43% 43% Am B Sugar 40% 4w % 40 % 40 Coni Prod... 174 173% 174 ... C C Sug pfd 58 Vi 58 % 58 % * 58 Cub-A .Sugar 32 Vi 32 32 % ... Tobaccos— , Tob Prod B. 59% ss£ 59 58 Vi

UNIMPORTANT DECLINES IN CLOSE OF CURB TRADE Prairie Oils and Gas Lead With Point Advance. Bn I nited Financial NEW YORK. May 7.—Although the tone of the Curb market ruled steady to firm in the final dealings, closing prices were generously interspersed with declines, though few of these were of any importance. Prairie oil and Gas led the active Standard Oil issues with a 2 Vs-point gain. Standard of Indiana was fractionally easier. Vacuum Oil got as high as 61% on the announcement of. the extra dividend. but eased off. The motor shares were moderately active, with few important changes showing. Dealings in the coal stocks were quiet. The reduction in the price of lead today did not aid the market for inetal stocks. The copper issues continue steady. Curb bonds finished quiet. BONDS SHOW EVEN TONE WITH RAILS IN SPOTLIGHT Van Siveringer Interests May Absorb Erie, Is Humor. Bu I nited Financial NEW YORK. May 7.—The bond ; market preserved an even tone all ; day. Industrial issues were steady to i firm, with traders looking to the rails to furnish the excitement. Wit t some new Nickel Plate financing on the horizon and unconfirmed rumors fly ing regarding the possible absorption of Erie by the Van Sweringen inter- ; ests, traders are becoming interested in the possibilities in railroad bonds since the market, during recent weeks ; has remained practically inactive, in- ! sofar as this group has been concerned. The I. and G. N. adj 6s reached 48%, the Katy adj. ss, 54 and the Missouri Pacific 4s. *ST-%, as the speculative buying of lower priced rails continued. • Tractions were dull. Liberty bonds were fairly active. Foreign loans were in fair demand. - Indianapolis Stocks —M ijr 7 Bid. Ask. American Central Lift* 200 Amor Creosoting Cos pfd I*6 Va ... Advance Rumely Cos com ... Advance Rumely Cos pfd ... Belt R R eom 74 79 Belt R R Pfd 53% Century Bldg Cos pfd 98 % ... Cities Service Cos com 112 144% Cities Service Cos old 73 74 Citizens Gas Cos ,-om 28 % 30 Citizens Gas Cos pfd 102 ... Indiana Hotel eom 100 ... Indiana Hotel pfd 100 Indiana Pipe Line pfd 9" 95 Indiana Title Guaranty Cos . . . 99 100 lndpls Abattoir pfd 45 Indianapolis Gas 51 55 lndpls Sr Northwestern pfd. . 33 42 lndpls A Southeastern pfd 45 lndpls Street Ry 55 60 lndpls Tel Cos com 1 ... lndpls Tel Cos pfd 90 Mer Pub Util Cos pfd 82 ... National Motor Car Cos ... Public Savings Ins Cos 12 ... Rauh Fertilizer pfd 49 ... Standard Oil of Ind 57% 59% Sterling Fire Ins 10 11 T li I & E com 2 5 T H 1 & E pfd 10 20 T H Tr and Lt Cos pfd 89 Union Trae of Ind com 3 Union Trae of ind Ist pfd.. .. 15 Union Trae of Ind 2d pfd 5 Van Camp Prod Ist pfd. ..... 98 Van Camp Prod 2d pfd 98 Vandalia Coal Cos com 6 Vandalia Coal Cos pfd 8 7 Wabash Ry Cos com 15 ... Wabash Ky Cos pfd 45 ( ... Bonds Belt R R & S Y 4s. May, 1930 81 Broad Ripple sa. July. 1923 .. 54 59 Cent Ind Gas ss. Sept., 1931 . . ... Cent Ind P Cos 6s, July. 1947 Citizens Gas ss. July. 1942.. 88% 89% Citizens Gas 7s. serial 101 193 Citizens St Ry ss. May. 1933 81 81% Ind Coke & G Os April 1946 90 84 Ind Hotel ss, July, 1931.... 94% ... Ind Hotel Cos 2d 6s. draw. . . .100 Ind North 5s Oct.. 1923 ... Ind Ry and L ps. Jan.. 1943 90 ... Ind St tv Clor ss, Jan.. 1050. ... ... Ind Union Trae ss, July. 1023 . . ... lndpls Ab Cos 7Vis. Sept.. 31 99% 102 lndpls. Col & So os. Feb . 1948 90 99 lndpls Gas <>s. Oct.. 1952. . . 87% 88% lndpls L & H ss. April. 1940 96% 97% lndpls & Mart ss, Jan.. 1932. 50 ... lndpls Nor os. July. 1932. . . . 39% 43 lndpls & Nor 6s. Mar., 1923. . 38% 42 lndpls & S E ss, Jan., 1925. .25 ... lndpls 8 A S E ss, Jan.. ’32. 30 ... lndpls St Ry 4s, Jan., 1923.. 61% ,65 lndpls T & T ss. Jan.. 1923. . 88 89% lndpls Un Ry ss, Jan., 1965 94 ... lndpls Un Ry 4%5, May, '26 95 ... lndpls Wa 5%5. March, 1953 97 98% lndpls Water 4%s 90 95 Ind Pub Ser 6s. April, 1943.. 89 92% T H, I & E ss, Aug.. ’45.... 67 T H Tr and Lt 5?. May, 1944 82 Un Trae of Ind 6s, July, '32. 56 61 Rank Stocks Aetna Trust and Savings Cos. .103 ... Bankers Trust Cos 112 ... City Trust Cos 100 ... Continental National Bank... 107 ... Farmers Trust Cos 200 Fidelity Trust Cos 152 ... Flelt-her American Natl Bank. 137 142 Fletcher Sav and Trust C0...210 225 Indiana National Bank 255 265 Indiana True; Cos 212 225 Live Stock Exchange Bank... 190 ... Marion County State Bank... 150 ... Merchants National 8ank....312 ... Peoples State Bank 200 Security Trust Cos 170 ... State Savings and Trust C0..106 119 Union Trust Cos 317 360 ' Wash Sav and Trust Cos 150 ... In the Cotton Market Bu United Financial NEW YORK. May 7.—Cotton futures opened higher with May 30.10 c. up 21 points July. 28.39 c. up 17 points: October, 24.60 c, up 10 points. Notwithstanding much better cables than due, cotton futures at call gained only 7 to 19 points. Rather free selling was indulged in li Wall Street the South, spot house*. Sou hwest and Liverpool.

THE INDIANAPOLIS TIMES

HOGS STEADY TO I FIVE CENTS LOWER Most Sales Made at $7,65 Mark, Hog Prices Day by Day May. 250-300 lbs. 200-276 lbs. 150-180 lbß. 1. 7.65 7.65 7.65 2. 7.65 7.65 7.05 3. 7.65 7.65 7.65 5. 7.65 7.05 7.65 6. 7.70 7.70 7.70 7. 7.05 7.85 7.65 Hog trading progressed at steady to mostly 5 cents lower prices at the local livestock yards today. There was a good demand from both outside account and local packers, buying of the latter predominating, however, with Kingan taking about 4,000 hogs at an average price of $7.85. Bulk of the sales was made at this figure, as compared to $7.70 Tuesday and the weak close of $7.65. A few scattered sales of choice hogs were made at $7.70 and $7.75 and some trading was accomplished at $7.60. Demand held good until the close of trading and prices held generally firm. Porkers in truck division were selling higher, with the hulk of 2,000 head going at $7.75. Prices for sows were heavy, with lightweight smooth head ranging from $6.75 to $" and roughs quoted at $6.4u to $6.75. Pigs met a good sale a tan average price of $7, although a few choice heavies brought around $7.25. Receipts, 7,000, hold t-rs, 473. Cattle trading got away to a poor draggy start and it was the general opinion of traders that the price should be slightly lower. They claim this is in line with the Chicago market where receipts are running heavy. Trading was siow with steers quoted, $S to sll and cows and heifers, $6 to $9. Good veals were much in demand and all calves of this type sold over a rather wide margin from $10.50 to $11.50, a steady to 50 cent higher market. Several sales of odd fancies were reported at sl2. Poor calves were in floor demand at prices hardly in line with quotations for good stuff. Receipts, 700. A few spring lambs sold at sl9 and S2O. There was practically no other receipts in the sheep and lamb division and other prices were steady, although only nominal. —Ho;# — Choice lights $ 7.65 Light mixed 7.05 Medium mixed 7 85® 7,70 Heavyweights 7 65 Hulk of sales 7.65 Top 7.70 'it 7.73 Ha. lung sows 0.25® 7.00 Pigs .....' . 4 00® 7.25 —Cattle— Prune eorn-fed steers, 1,000 to 1 sou lbs . $ 9 00® 11 00 Good to choice steers. 1.000 to l in. lb* 8 50 Good to choice steers. 1,000 to 1.200 lbs 7,50® 900 Good to choice steers, 1.000 to 1 700 lbs 0.05® 7.50 Common to medium steers. 800 to J 000 l!i o.oo® 7.00 —ton# and Heifers— Good to light heifers $ B.oo® 9 00 Good heavvnought 7.00® 800 Medium heifer, 0 00® 7.00 Common heiferj 3.00® 0.00 Fair cows (l.Cju 7.00 Cutters 2.75® 325 Canner# 2.750 3.70 —Bulls— Fain-v butcher bulls -5 5.00® 000 Good to ehoi.-e butcher bulls. 5.00® 5.50 Bologna bulls 4.25® 4.75 —-Calves Choice veals. $10.50® 11.50 Good veals * 7.30® 8.50 Lightweight veals 6 00® 7.40 Common heavies 5.00® 7.00 Top 12.00 —Sheep and Lambs— Extra choice and lambs $13.00® 13.00 Heavv lambs 10 00 ® 1.1.00 Cull lambs o.oo® 10 00 (food to choice ewes 5.00® 8.50 Culls 3.00® 5.00 Spring lambs . . 12 00® 20.00 Other Livestock CLEVELAND. May 7. —Hogs—Receipts. 500: market. 5c lower: Yorkers $7.80; mixed $7 85: mediums, $7.85; pigs. $7: roughs $0.25. slags, $4.50. Cattle—-Re-ceipts 300: market, slow good to choice bulls so® 7.50; good to choice steer*. 59® 10.50 good to ehoi.-e heifers. s7®B: good to choice cow s. $5.50® 0.75: fair to good cows s4® 3.50: common cows $2.i>[email protected]: milkers. <35 <175. Sheep and I*mt>#— Receipts 800: market steady: top. $10.25. Calves—Receipts', 300. market. 30c higher; top. sl2 CHICAGO. May 7.—Cattle —Receipt*, 12.000; market, most killing classes slow; better grade beef steers and yearling# and fat she stock steady: other* steady to weak, spot# lower'# early top matured steers. $12.36: others. $11.75® 12.25: bulk fed steers, $8.50 f c 10.50; light yearling heifer# numerous; vealers strong to 25c up at sß® 0 25. Sheep—Receipts, 13.000: market fairly active -arly sales fat lambs steady to strong; sheep around 25c up. very scarce: choice wooled lamhs. early, sl7. choice clipped. $15.50® 15.75; few spring lambs, $16.75; wooled ewes up to $9.25; bulk good ewes, $8.25® 8.50. EAST ST. LOUIS, May 7—Cattle Receipts. 3.000: market for beef steers steady to strong: native Iwef steers. $8.75® 9.50; yearlings and heifers, $9; cows, $5.50® 6.75; dinners and cutters. $2.25®3.50: calves *0 ® 9.50; Stockers and feeders, $7. Hogs—Receipts. 13.000; market 5® 10c higher- heavies, $7.20® 7.50: mediums. $7 35® 7.50; light, $7®7.50; light lights. $0.25® 7 45; packing #ows, $6.2506.80: pigs $5,50® 0.85: bulk. $7.26 07.50. Sheep —Receipts. 1.000; market strong: ewes. $5®9.25: canner# and cutter*, s2@6: wool lambs, $14.50 (it 17. EAST BUFFALO, May 7.—Cattle—Receipts. 75; market active, steady; ehlpplnij steers. $9.50® 11.00: butcher grades. $8.2.> ® 9.50; cows. $2.2507. Calve*—Receipt*. 250; market active, steady; cull to choice. $3 ®J 2. Sheep and lambs—Receipt*, 1,400 market, active, steady: choice latrbs. sls® 15 50: cull to fair. $9.50014. >0: yearlings, so.7s (it 12: sheep. $3.50010.25. Hogs—Receipts. 4,800: market, glow, 5® 10c higher: Yorkers. $7.50®8.20; pic*, $7 25® 7 50; mixed *8.05@8 20: heavy, $8 ® 8.05; roughs, S6O 6.50: stag*. $3.50® 4.50. PITTSBURGH. May 7—Cattle—Receipt* light: market steady: chotce. slo® 1.1: good, $9.50® 10.25; fair. $7.5008.75; veal calves. $11.50® 12.50. Sheep and lambs— Receipts light; market higher:rime wethers, $9.75® 10; good, [email protected]; fair mixed. $8.50®7.50: lambs, $15@21. . Hogs—Receipts. 25 double decks; marker lower; prime heavy, [email protected]; mediums. $7.90 @7 95; heavy yorker*. $7.90® 9. t light yorkers. [email protected]; pigs. $ 17.25; roughs, [email protected]; stags, $3.25®,<.75. London Metal Market Bu United Financial LONDON, May 7.—Metals closed: Copper —Spot £63 2s od, off ss; futures £64, off ss. Electro—Spot £6O; future* £69 10*. Sales: Spot copper, 600 tons; futures, 700. Tin—Spot £227 10s, off £6; futures £227 10*. off £5 15s; sterling £229 7s Od, off £5 17s. Sales: Spot, 50 tons; futures. 650. Lead—Spot £2B 6d, off 12* 6d; futures £27. off 12s 6d. Zinc—Spot £29 17b 6d, off sa; futures £3O 6s. off 2* 6d. Hay and Straw Trade Bu United Financial NEW YOP.K, May 7.—The market for hay and straw is barely steady, and receipts are heavier, there being over fifty cars of hay at local railway terminals. Good hay is scarce. Large bales timothy No. 1 quotable, S3O bid: No 2, $28@29; No. 3, $26 @27; small bale* timothy No. 1. S3O bid: No. 2. $27@28; No. 3, $25@26. Large bales rye straw. sl9 @2l. Gold arid Silver 81/B 1/ United Financial LONDON. May 7. —Bar silver 33 %and. up %and; forward 33d. up l-16d. Gold bar*, 94* lcL

College Quartet to Give Concert LEFT TO RIGHT—ROSS H. BISHOP, PAUL OHALFANT, JOSEPH CUMMINS AND MILFORD BARRICK.

The Male Quartette of Indiana Central College will wing at the Castle Memorial United Brethren Church, at South Bend, Ind., Friday night. Dr. I. J. Good, president of the college will speak. Special invitations have been extended to all high school students

‘FIND IDE BABE’ (S BUTLER’S ORDER Philadelphia Combed for Missing Youngster, /f,/ United Press PHILADELPHIA, May 7.—“ Find I Gorina Model!. This order went forth to every i member of the police department of 1 Philadelphia today as director of public safety Butler set his "lighting marine" jaw and prepared to rush his first kidnaping ea.-e through to a I successful conclusion. Even fire patrol companies and de- ! tective reserves were called into the hunt for the missing baby, snatched from her carriage Monday when her i mother, Mrs. Harry Modell, stepped I into the family shop to wait on a eus- | torner. Search for the baby was concentrated in Philadelphia today, workers making a feverish house-to-house canvass in a race against time, as they feared the 10 weeks’-old infant might die for want of its mother's care. WOMAN IN LADDER FALL While washing a transom in an apartment at 827* S. Delaware St., preparatory to moving in, Mrs. Carolina Shafer, 75, of 820 S. Pennsylvania St., was injured today. A ladder on which she was standing broke. Her left shoulder Was dislocated and her left leg bruised. She was sent to the city hospital. i UNIFICATION IS VOTED By United Press SPRINGFIELD, Mass., May 7. Final action on plans for bringing together the northern and southern branches of the Methodist Episcopal churches in the United States was taken today when delegates to the 84th quadrennial convention voted 882 to 13 for unification. The resolution was brought forward by a joint commission representing the southern and northern branch is and its adoption by the southern uranch of the churl) is expected. Produce Markets INDIANAPOLIS, May o.—Fresh egrffs, loss oft, 20c; packing stock butter, 25c; springs, over 2 lbs., 23c; lowls, 5Vs lbs. up. 23c; fowls, under 4Vi lbs., 18c; Leghorn poultry, 26 per cent discount; cocks. 13c; stars. 18c; young tom turkeys. 12 lbs. up. 24c; yo'Uig hen turkeys, 8 lbs. up, 24c; geese, 1.0 lbs. up. 12c; squabs. 11 lbs. to the doz., $6.60; old guineas, doz., $4.60. Indianapolis creameries are paying 62c tier pound lor butter fat. NEW YORK. May 7.—Flour —Quiet and firm. Pork—Dull; mess, $24.75 @ 2fv"s. Lard—Firm; Midwest spot, [email protected]. Sugar—Raw Rteady; centrifuge’., 6.90 c: refined steady; granulated, [email protected]. Coffee —Rio spot, 15@15Ve; Santos No. 4. 19® 19 Vic. Tallow—Quiet; special to extra. 7%@7%c. Hay—Weak; No. 1, ,$1.50. Dressed poultry—Steady; turkeys, 20{fJ30o; chickens, 30@48c; capons, 34® 52c; ducks. 20 @ 25c; fowls. 20 (it 36c; ducks. Long Island, 28e. Live poultry—Easy; geese, 10 @ 14c; ducks, 13® 26c; fowls, 30® 31c; turkeys, 2023 c; roosters, 16c: capons, 50® 650: broilers, 35®65e. Cheese—Steady; State whole milk, common special, 16 @2se; State skims, choice to specials', 11 ®l?c. Butter —Steady: receipts. 11,351; creamery extra, 38® 38 Vic: special market, 89 @39 14 c: State dairy tubs, 32@38c; Danish, 39@42V4c: Argentine, 33 (a 35c. Eggs —Firm; reoeipts 41,995; nearby white fancy, 32@33c; nearby State whites, 25® 3Cc; western whites, 25®30c: fresh firsts, 24V4@28V4c; Pacific coast, 26@34c; nearby browns, 29 @ 31c. CHICAGO, May 7.—Butter—Receipts 8,721: creamery, 36c; standards, 36c; firsts, 33*4 @34Vic; seconds. 30@32Vie. Eggs— Receipts, 29,018: ordinary, 20% ® 21c; firsts, 22%@23c. Cheese—Twins,' 17c Americas. 18c. Poultry—Receipts, nonefowls. 24 @2O He: ducks. 28c; geese. 1 fie turkeys, 20e> roosters. 15c; broilers. 45® 52c. Potatoes—Receipts. 215 cars; Wisconsin round whites. sl.lO 31.30; Minneasota and North Dakota R. R. Ohios, $13135Spalding roso No. 1, [email protected]; Texas Triumphs, $5 @5.40.’ Woman Beggar Escapes Bn Times Special GREENCASTLE. Ind„ May 7.—A professional woman beggar eluded officers Tuesday and escaped with a large roll of bills she took from citizens. It was said that she has been working In varrous towns along the Monon Railroad , between Bloomington and Lafayette.

and teachers to attend. Arrangements are under direction of Mr. C. E. Wilson and Miss Agnes Gordon, both of South Bend. Members of the quartette are; Ross H. Bishop, first tenor; Paul Chalfant, second tenor; Milford Barrick. baritone; Joseph Cummins, bass.

Births Girl* Karl and Anna Phillips. 356 N Addison. William and Dortby Teague. 1237 Lee. Harry and Frances Wimer. 1838 W. Vermont. Virgil and Lilly Plummer. 813 N. Alabama. Perry and Lillian Banta. 2706 Paris. Charles and Thelma Lavcn. 3239 Elmira. Raymond and Thelma Christopher, 1427 Montcalm. Octabus and Maybell Jones. 275 Miley. diaries and Susie Dugger. 1429 N. Haugh. Edward and Bessie Herrer, 516 Birch. Harry und Gladys Peak, 410 N. Alabama. Raymond and Marguerite Hednek. city hospital. Kred and Theola Monte, city hospital. Abe! and Helen Klempner, St. Vincent'* Hospital. , Arthur and Molly Gcmmer, St. Vincent’s Hospital. Thomas and Mabel Maley, St. Vincent'* Hospital. Frank and Beulah Montrose, St. Vincents Hospital. Dayton and Mary Hill. 3228 McPherson. Harry and Marjorie Audi-rsoo. 1820 Madison. Ervin and Loekie Overall. 1611 Garfield. Fmest and Edith Spickelmier. 101 S. Denny. Effin and Myrtle Bumel, 237 N. Elder. Boy* Herman and Lillian Spacke. 3323 E. Vermont. Harold and Hazel Wiggins. 144 N. Arenal. Leonard and Nda Jeers, H5lB N. Sherman, Frank and Thelma Kxaehenlels, 1309 Lexington. Charles and Alioe Masstngole, 2525 Walker. John and Ilda Montgomery, 571 N. Belmont. Otto and Alioe Dyer. 1330 W TwentySixth. Robert and Essie Bennett. 1512 Martindale. John and Haethy Montgomery. 149 W. Twenty First. Dewey and Marie Thompson. 229 E. Thirteenth. Randolph and ‘Eva Ford. St. Vincent's Hospital. Sherman and Ethel Daugherty. 1421 Nordyke. Raymond and Edith Wlnkel. 336 N. De Quincy. Willum arid Ida Smith. 429 N, Davidson. Bert and Von Summers. 608 Spring. John and Bessie Demaree. 2901 Brookside. Leonard and Helen Carlin, 4450 Park. Henry and Eoline Reed, 1746 Calvin. Earl and Anna Hooker. 1141 Maple. Grover and Lillie Duckworth, 1057 S. Pershing. Elia and Elena Coman. 528 W. Maryland. George and Mary Inrnim. City Hospital. Frank and Emma Dlss, Clark-Blakeslee Hospital. Twin* Thomas and Goldie Jackson. City Hospital, boy and girl.

Deaths Herman Moeller. 65. 1905 H College, hemiplegia v Fannie Grace Baekemeyer, 58, Methodist Hospital, cholecystitis. Dirk Herbert A. Ko'.ff. 48. Methodist Hospital. lobar pneumonia Mary Pauline Allison. 63. 2115 N. Pennsylvania. coronary thrombosis Lowell Joseph Mott. 56, 2004 W. Michigan, acute myocarditis. Esther Hayes. 19, 2934 Station, acute dilatation of heart. Susan Satterfield. 60. 2529 N. Oxford, carcinoma. Louise Ann Goetz, 85, 2827 Kenwood, carcinoma. William Fred Camper, 1 month. 536 Julian, erysipelas. Rev. Franklin Pierce Franklin, 69, 5360 Julian, angina pectoris. Lottie I Tyner. 29. 937 Massachusetts, pulmonary tuberculosis. Elizabeth Anna Hunt. 50 St. Vincent Hospital, acute dilatation of heart. John U. Laufer. 58. 317 Harlan, nephritis. Cordelia Ellen Mansfield, 68. Methodist Hospital, septicemia. Henry C. Etter, 63. 1410 N. Dearborn, Influenza. Rettie Jean Pressel. 3 months. 2210 Hazel broncho pneumonia. Rebecca Ward, 64, city hospital, apoplexy. Elsie Hibbots, 47. 1019 S. Illinois, acute parenchymatous nephritis. Robert Earl Wilson, 1 month, 2532 N. James, marasmus. Jane Page 80, 1011 N. Pennsylvania, arteriosclerosis. Edith Fern Hamilton. 34, 3123 McPherson. pulmonary tuberculosis Margaret Bruning, 35. 2416 Rellefontaine, pulmonary tuberculosis. Lydia Whitcomb, 84, 1405 N. Pennsylvania, chronic nephritis. Raymond Huston Nunley, 5 days, 922 E. Maryland, atelectasis. Russel Woodard. 18, 520 W. Twelfth, pulmonary tuberculosis. Francis Mitehum, 8 months, 2002 Boulevard, broncho pneumonia. Serena Catherine Gaddy. 52, 222 W. Fifteenth, acute cardiac dilatation. F,stella M. Stewart. 36, 1628 Arrow, carcinoma. Oliver W. Kile, 85, 5939 Beech wood, chronic myocarditis. Leonard Guy, 74, 520 E. Vermont, arteriosclerosis. John Ray Stevens. 18 days. 1636 E. Legrande, premature birth. Derrel J. Denny, 2 months, 333% Massachusetts, acute enteritis. Norman Miller, 5 hours, 3731 E. Walnut, premature birth. Elmer Wells, 57, 818 Udell, apoplevy. Chester Pearey, 18. Robert Long Hospital, acute nephritis. Mary Elizabeth Felix, 58, 65 S. Tremont, cirrhosis of liver. Henry F. Cloud, 83, 2166 Singleton, broncho pneumonia. Mary Ann Winterrowd, 77, 2058 Park, chronic myocarditis. Tank Wagon Prices (Gasoline prices do not include State tax of 2c a gallon.) GASOLINE—Energee, 220 a gallon; Purol. 18.2 c; Red Crown, 18.2 c; Diamond Gas, 18.2 c Crystal Pep, 21c; Target. 18.2 c: Silver Flash, v"c; Standolind aviation, 23a KEROSENE —Crystalins, 12.7 c a gallon; Moore Light, 15.5 c; Arcllte, 12.7 c: Perfection. 12.7 c; Solvent. 35c. NAl*rHA—Lion Power Cleaners, 22.60 a gallon; V. M. h P„ 22 sa; Standolind Cleaners, 22.5a. 1

EVANGELIST LOCKED OUT Greencastle, Ind., Church Closes Doors on Revival Preacher. Bn Times Special GREENCASTLE, Ind., May 7. —The official board of Locust Street Methodist Church locked the' doors of the church on Evangelist Bob Lewis today. The action was taken following sensational services in a revival campaign. Lewis will preach In the courthouse the remainder of the week. GOAL MINES IN GUI ARE IDEE Workmen Locked Out in 3,000 Pits, By United Press BERLIN, May 7.—A critical situation exists throughout the Ruhr and Rhineland tvhere already 3,000 miners are locked out as a result of a dispute over working hours. Communist miners called a general strike for this morning, while the more conservative "old miners’ league” voted against acce Ring recent arbitration awards. Separatists are taking advantage of the situation and agitating 1 throughout the Rhineland. Their leader, Dr. Matthes, is reported active. Slimpiles of coal testify to an impending shortage.

Washington Bureau The Indianapolis Times 1322 New York Ave., Washington, D. C. Any one of the following booklets may be obtained for five cents. Any two of them may be obtained for eight cents, and any three or more at the rate of three cents each in postage stamps or money order. (Clip from here down. Send the coupon to Washington address, not to Indianapolis). I have marked an “X” beside the bulletins on the list below which I want and enclose cents in loose postage stamps for same:

Send the ones marked “X” to— Name ... Street and No City State

AMUSING CHILDREN —A bulletin telling how to make homjmade toys, Christmas ornaments, paper dolls, etc., to keep the youngsters busy and happy. THE ART OF DRESS —A bulletin compiled from expert sources which covers styles, materials and suggestions for dress for all occasions. THE BEAUTY BOOKLET -A bulletin compiled by experts containing recipes, formulas and suggestions for all sorts of beauty and toilet preparations. THE BRIDE'S BOOKLET —From the engagement to the honeymoon; what you want to know about everything connected with the wedding. CAKES AND COOK lEß—Recipes of all kinds for many dainty and toothsome cakes and sweets for parties, functions and everyday use. CARE OF CANARIES —All about your pet birds, how to care for them, feed them, what to do when they are sick; how to breed and rar the yellow songsters. CONGRESS —The inside workings of the national legislative machine; how it operates. how r laws are made and not made, and I facts and figures about the legislative body. CONSTITUTION OF THE U. S— A neatly printed, vest-pocket size edition of the fundamental law of the U. S., with full text and all the amendments. CANDY-MAKING AT HOME —A complete manual for the homecandy maker, containing full directions and hundreds of recipes for candy-making. HOME CANNING OF FRUITS AND VEGETABLES—An indispensable kitchen manual prepared by government experts on canlnng methods. CONCRETE FOUNDATION WALLS AND BASEMENTS—How to mix and poor concrete, with formulas and full directions for its use. CONSERVES, JAMS, MARMALADES and PRESERVES— Tells how to "put up” all these dainties in your own kitchen for winter use. * ETIQUET FOR EVERYBODY —A complete condensed manual of etiquet for all occasions. How to avoid embarrassing situations gracefully. FLOORS AND FLOOR COVERlNGS—Everything about floors, from how to lay, finish and polish them, to what carpets, rugs or other coverings to use. ~FOOD FOR YOUNG CHILDREN—FuII of valuab7<r suggestions for the mother of young children, with recipes and suggested menus, scientifically worked out. THE CARE OF GOLDFISH —Valuable suggestions, prepared by government experts, on the proper care and feeding of your aquarium. MEATS AND MEAT DISHES —A cookery bulletin dealing with all sorts of meat dishes; eelpes and full directions are given. REMOVAL OF STAINS —This hook is a chemistry textbook In simple language, telling anybody how to remove any sort of stain from clothing and cloth material. SALADS AND SALAD DRESSINGS—FuII cd suggestions for dainty salads and dressings, oy means of which meals may be varied by the housewife. SANDVriCH SUGGESTIONS Contains sixty dainty sandwiches. Solves the problem of "what to have” for luncheon. HOW TO PLAY MAH JONGG —A booklet giving authoritative ~ rules of the game and a clear explanation of how It is played. Every step Is explained. SOUPS —A cookery bulletin containing recipes for all kinds of nourishing eoups, compiled with the advice of government expert dietitians. SCHOOL LUNCHE8 —A bulletin for mother to tell her how to prepare simple, but nourishing midday meals for the boys and girls to carry to school. WEDDING ANNIVERSARY PARTIES—A booklet shoving the proper gifts for each of the anniversaries from the first to the 7Bth and suggestions for menus, etc. WHITEWASH AND COLD WATER manual for” mixing and applying such pain s inside or outside to get the most satisfactory results. DEBATEB MANUAL —An excellent booklet for the school boy or girl. Gives outline of debate methods, lists of subjects of current Interest and general hints. PIES, PUDDINGS AND PASTRIES—A booklet containing six recipes for delicious desserts and how to serve theto. . * HOW, TO DANCE—A six-page booklet fully Illustrated, the movie®, the correct positions and dance steps of the stand- ft ard dances, with full Instruct ons. ,‘ ' i

ARGUMENTS UPON WATERJUIT OPEN Judge Geiger Hears Attorneys for Three Parties. Attorneys in the suit of the Indianapolis Water Company to enjoin enforcement of a $15,260,400 valuation order of the State public service commission made final arguments before Judge Ferdinand A. Geiger of Milwaukee in Federal Court today. The company seeks to prohibit the public service commission from enforcing the $15,260,400 valuation order, from interfering in any valuation asked by the company, and asks a valuation 0f’518,600,000 in a three way injunction suit. By agreement arguments were limited to two hours on feach side. The city, entering as a party defendant was represented by Taylor Groninger, corporation counsel, and Claire MeTurnan. W. A. Mclnerny, Fred Bates Johnson, and Baker & Daniels represented the company. Edward M. White, a deputy attorney general, represented the public servico commission. Wliile You Wait Mrs. Newlywed—Please send me a pound of steak. Butcher I—And 1 —And what else please? Mrs. Newlywed—And some gravy. —Answers (London).

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