Indianapolis Times, Volume 35, Number 308, Indianapolis, Marion County, 8 May 1924 — Page 11

THURSDAY, MAY 8, 1924

GENERAL LIST OF STOCK SHOWS BUT LITTLEENTHUSIAM Adoption of Tax Clause by Senate Causes Professional Drive, The WALL STREET JOURNAL NEW YORK, May B.—Today’s market was reminiscent of midsummer. Some semblance of activity was stirred up in the morning by a professional drive, based on the Senate's adoption of an amendment to the tax bill, placing a graduated levy running up to 40 per cent on undistributed corporate earnings. This attack was successful to the extent of a point or so among the active industrials, especially the oils. But this reaction culr&nated in a condition of extreme lethargy in the general list which was somewhat relieved in the afternoon by mildly enthusiastic demonstration on the upside in several rails. First Hour Reading industrials continued to display an easier tone through the first hour but in the second stubborn resistance was shown by the generad list. This action was noteworthy in view of the Soviet agitation in the . Ruhr, which caused a disturbing break in French exchange. In various industrial specialties further gains were scored. International Harvester preferred moved up 2 points to 109. reflecting the 1923 report which showed s6d>6 a share for the common, against $1.35 a share in 1922. The company’s working capital exceeds $140,000,000, and there are no bonds or bank loans. Considering the fact that 1923 was not a good agricultural year, the report was regarded as highly favorable. Second Hour Professional operators took advantage of the easier tone displayed by the general list in the first hour and a half to launch a drive on the active industrials so that the market developed pronounced weakness in the late morning. Recessions of from 1 to 3 points from the highs of the week’s rally were experienced by Baldwin, Steel and similar leaders. • Oils displayed special weakness. Sinclair again broke to the year’s low' at 18%, while Standard of California yielded a point to 57%, and Pacific Oil sold at 47*4, as against the high of 49 in the pre%-ious session. Fourth Hour Industrials lapsed into extreme dullness in the early afternoon when persistent bearish efforts failed to force a further decline. With the lifting of pressure in this section of the market constructive activity was re- i newed among the rails under leadership of D. L..& W., which moved up, nearly three points to 119*4. At the , same time Glen Alden Coal reached a record high in the outside market at 97%. New Haven was a leader of low priced rails, reaching its best price of recent months at 20%. Final Hour No change in character of market took place in the closing hour. Industrials continued extremely dull, but slightly better tone marked their action when it was seen that renewal of professional pressure was not forthcoming. Rail shares continued to act well, but active stocks of this class scored no further gains. Twenty average industrial stocks averaged 92.47, up .23 per cent. Twenty average rails, 81.88, up .17 per cent. Local Bank Clearings Indianapolis bank clearings Thursday were $4,122,000. Bank debits 58.7Ti0.000. Foreign Exchange Nhtf’ YORK, May B.—Foreign exchange closed: Francs finisheda t about the low of the day and sterling- within %c of the bottom. Last prices were: Sterling, demand. Sl.-lfi % . Francs, demand, 8.42 c. Lire, demand. 4.45 c. Belgian, demand. 4.98 c. Marks.-4.210 billion to the dollar. Czecho, demyd. 2.9-'l*2C. Swiss, demand. 17.78 c. Pesetas. demand. 13.74 c. Sweden, demand. 28.44 c. Norway, demand. 13.86 c. Denmark, demand, 18.97 c. Greek, demand. 2.19 %e. FARM CONDITIONS BETTER I. H. C. Earns More Than Dividend . Requirements, Says Annual Report. 'By United Press CHICAGO. May 8. —Farm conditions w'ere somewhat better during 1923 than in the preceding year.' it was indicated today by the annual report of the International Harvester Company. For the first time in three years the company earned something more than the cash dividend requirements, the report stated. Net earnings during 1923 totaled $10,274,376 compared with $5,540,767 in 1922. In the Cotton Market Bn United Financial NEW YORK. May B,—The cotton market opened steady with May 30.15 c. up 10 points. June. 29.65 c. off 5 points; July. 28.25 c. up 12 points: September, 25.00 c. off 10 points: October. 24.47 c. up 7 points. While cables were much better than expected. outlook for more favorable weather, particularly in Southwest, caused some selling to materialize at opening, causing cotton futures to show only slight gains. Spot houses and Wall Street interests were among prominent buyers at call, while selling came from locals. New Orleans and houses with Southwest connections. Later the list became heavy under fresh selling induced by more favorable weather news. Tank Wagon Prices (Gasoline prices do not include State tax of 2c a gallon.) GASOLINE —Energee. 22c a gallon: Purol. 18.2 c: Red Crown 18.2 e Diamond Gas. 18.2 c: Crystal Pep. 21c: Target. 18.2 c: Silver Flash. 22c: Standolind aviation. 23c. KEROSENE —Crystaline, 12.7 c a gallon; Moore Light. 15.5 c: Arelite. 12.7 c: Perfection, 12.7 c: Solvent. 35e. NAPTHA —Lion Power Cleaners. 22.6 c a gallon: V. M. & P.. 22.50: Standolind Cleansers, 22.5 c. London Metal Market By United Financial LONDON M->s- 8 —Metal close: Copner, spot. £62 17s Cd. off ss: futures. £63 15s. ors .is Rie tro snot. £6B 15s. oft .is: futures. 269 ss. o:T ss: sales, spot copper. 50 tons: futures. 1.250. Tin. spot. £224. off £3 10s futures. £224. off £3 10s. Sterling. £226, off £3 Ts 6d: sales, spot. 100 tons. Lead spot. £27 15s off 7s 6d: futures. £26 15s off 5s Zinc, spot £29 15s. off 2s 6d; futures. £3O. off se. Raw Sugar Market By United Financial NEW YORK. May S —The raw sugar market opened steady with May 4.05 c bid: July. 4 190420 c September. 4.223423 c

New York Stocks (By Thomson & McKinnAi) —— —May 8—

Railroads— Prey. High. Low. 1:30. close. Atchison ...100% 100% 100% 100% C & O 75% 74% 75 74% C &NWRy. 53% 53 63% 52% Erie 25 ... 25 25 % Gt North pfd 58 57 % 57 % 57 % Lehigh Val. 41% 41 41% 41% Mo Pao pfd. 41% ... 41% 41% N Y Central. 101 ... 101 101% Northern Pac 52 % 52 % 52 % 53 Nor & West, 122% 122% 122% 123 Pere Marq.c 47% ... 47% 47% Pennsy 43% 43% 43% 43% Southern Pac 89 88 % 88 % 88 % SI Paul pfd 28% 26 26% 26% Sr, L * S W 37% ... 36% 37% Union Pac .130% ... 130% 130% IVabash pfd. 43% ... 45% 45% Rubbers— Kelly-Sprgfield 15% ... 14% 15% US Rubber.. 29 ... 28% 29 Equipments— Baldw Loco. 112% 111 111% 113 General E1ec.220% 218% 218% 220% Lima Loco.. 60% ... 60% 60% Westh Elec.. 56% ... 56 V* 56% Steels— Bethlehem.. 49% ... 48% 49% Colorado F.. 40% 39 39% 39% Crucible .... 53 .... 62 % 53 Gulf States.. 67% 66% 68 R Iron & S. 46% .... 45% 48% U S Steel.... 98 % 98 98 % 98 % Motors— Chandler M... 44% 44% 45 Gen. Motors. 13% .... 13% 13% Max Mot (A) 42% 42 43% Max Mot (B) 11% 11% Studebaker.. . 86% 85% 85% 86% Stewart-W.... 66 % .... 66 % 67 Timken .... 38 % 36 36 % 35 % Yellow Mfg.. 51% 50% 50% 52 Oils— \ Cal Petrol... 23% 23% 23% Cosden 31 .... 30% 31% Houston Oil. 63% 63% 64 Marland Oil.. 32% 32 32% WHEAT RECOVERS IN DELAYED RALLY Gr’ains Show Loss at Close of Trade, Bu United Financial CHICAGO, May 8. —Grains closed shownng fractional- losses on the board today. A late rally recovered for wheat most of the day’s losses. Activity of shorts and fresh speculative buying was induced by unfavorable crop advices and report of a moderate amount of gulf wheat. Some Canadian wheat was sold for export. Corn displayed relative strength. Unfavorable advices from the Northwest and some export business were strengthening factors. Large lipe elevators in the West were reported reselling oats back to farmers, and this, as well as weakness in other grains, caused lower oat close. Nothing was done in provisions late, and prices showed little change from the low point of the day at the close. Chicago Grain Table —May 8 — WHEAT— _ Prtr. Open. High. Low. Close. close. May. 104 1.04 1.03% 1.03% 104% July 106 106 1.05% 1.05% 108% Sept . 1.07 1"” 106% 1.06% 1.07% corx— „ ! May.. .76 .76% .75% .76 .76% Julv.. .76% 77% .76% ~6% .77%' Seal.. .76% .76% .75% ..76% .76% j May ATS_ 47 % .47% .46% .47 .47% | Julv.. .44% 44% .43% .44 .44% Sept.. 40% 40% 39% .40.40% Mav 10.60 10.60 10.55 10.55 10.60 RIBS— i Mav 9.95 9.95 9.90 992 99b VaU .64 64 .63% .63% .64% July.. .66% .66% 66 .68% .68% CHICAGO, May B.—Car lot receipts were: Wheat. 11; com, 68: oats. 91. CHICAGO. May B.—Wheat No. 2 red. SI 06- No 2 hard. $1.05 % @ 1.14 % . Corn No 2 yellow. 77%®77%c: No. 3.75077 c; No 4.‘73% <3 74c No. 5. 73 %e. No. 6. 72 ® 73c- No. 2 mixed. 76%@76%c: No. 3, 75'3 75%c No. 4 73%@74c: No. 2 white. 77%<577%e: No. 3, 75@76%c: No. 4, 73 lie. Oats—No. 3 white. 47%@48%c; No 4. 47c: standards. 45046 c. Barley—--67 a 82c. Rye—No 2. 05c. Timothy—ss (g 7.50. Clover —$13.50021. TOLEDO. May B.—Wheat—sl.llol.l2. Corn—Blo 82c. Rye—6Bc. Oats—s 2% 0 53 %c Barley—77c. Cloverseed —$10.80; October, $11.90. Timothy—May. $3.50; September. $3.85. Alstke—s9.oo: August. $lO. Butter —10041 c. Eggs—2lo23c. Hay—s3o. Grain Briefs CHICAGO May B.—Winter wheat made favorable progress except in the far Northwest. the Government weekly crop survey says. Spring wheat seeding is practically completed in principal producing centers. The northwest spring wheat acreage. Price Current estimates at 16,300,000 acres the smallest since 1897 and about 2.500,000 less than last year. Bulk of the spring wheat area seemed to be gradually drifting westward into the Pacific Northwest where grain is raised largely for export. Shipping at the head of the lakes has been at a standstill for the past few days, due to ice Jams. Eighteen boats were imprisoned outside the Duluth-Superior Harbor Wednesday. Due to recent heavy rains, millions of frogs have infested the Kansas wheat fields and are devouring the Hessian fly. farmers report. The situation in wheat is being helped by fact that Winnipeg prices are working nearer to Chicago values. New crop futures are above an export basis. Despite world wheat shipments of record proportions, no stock has been built up In , Europe indicating shipments are going into i consumption as fast as received. Births Girls Bennie and Rosie Harris, 2008 Hovey. Earl and Hazel Niles. 8 N. Hamilton. Lawrehi-e and Helen Webb. 1102 Pleasant. Delmar and Helen Morris. City Hospital. Clay and Nettie Beckham. 338 Bloking. Raymond and Dorothy Wheeler. 943 SherI man. William and Agnes Southard. 1242% W. i Twenty-Fifth. Harry and Marie Freeman. 2531 North- . western. - Earnest and Ceeile Snyder. 1315 Everett. Reuben and Millie Johnson. 1914 Columbia Charles and Elizabeth Morton. Methodist Hospital. Thomas and Sophia Hanrahan. Methodist Hospital. Alva and Ida Killion. Methodist Hospital. .John and Martha Witherspoon, Methodjst Hospital r, and Enid Gilchrist. Methodist Hospital. Boys Charles and Mary Breeden. 920 S. West. T "dit a.nd Florie Moore, 820 W. TwentyFifth. George and Mary Ingram, City Hospital. Otho and Mary Dugan. City Hospital Cassius and Neva Miller. City Hospital. . F.dward and Nella Hall. City Hospital. Charles and Hope Young. 549 N. Trei mont. David and Maude Debour. 1023 S. West. Hallie and Gertrude Strader. 1954 Thalman. Claude and Elsie Atherton. 5202 E. Michi- ■ ?an. Charles and Dorothy Gard, 1215 N. Rural. Karl and Lillian Matthews, Methodist | Hospital. Morris and Henrietta Marer. Methodist ; Hospital. Linn and Ida Hudson. Methodist Hospital. Donald and Mary Black. Methodist Hos- ! pital Ray and Marguerite Retterer. Methodist He„-v,ai. Ferlan and Lois Moss. Methodist Hospital, ''her cs and Hazel Griffin. Methodist Hospital. A British chemist has been awardjed the Davy medal for his years of ; patient research in an effort to find "dry water.”

Prey. High. Low. 12:45. close. P-Am Pete.. 48% 48% 49% PA Pete (B) 47% 46% 47% Pacific OH.. 47% 47% 48 Pro & Ref. . 24 % 24 25 % Pure Oil 22 % 22 % 22 % 22 % S Oil of Cal.. 58 .... 57% 58% S Oil of N J 35% 35% 35% 30% Sinclair 18% 18% 18% 19% Texas Cos. .. 40% 40% 40% Minings— ' • Int Nickel... 12 11% 12 Texas G & S. 59% 59% Coppers— Am Smelt... 64% 64% 64% Anaconda .. 32% 32% 32% 32% Kenneoott . . 39 .... 38% 39 ' Industrials— Allied Chem.. 72% 71% 71% 72% Amer Can ..103% 102% 102% 103% Amer Wool.. 65% ... 65% 85% Coca-Cola . 65 % 64 % 65 65 % Congoleum .. 39% 39% 39% 39% Cont Can ... 47 % ... 47 % 47 % Davison Chem 52% 51% 51% 51% Fam Players. 09% 68% 08% 69% Gen Asphalt. 35% ... 35 36 Int Harvester 80 ... 86 86% Mont Ward.. 23% ... 23% 23% U S C I Pipe 89% 88% 88% 89% U S Ind Aleo 69 % ... 08 % 69 Utilities— Am T and T. 125% ... 126% 126 Con Gas 64 Vi ... 63 % 64 % Col Gas 33% 33% 33% 35% Shipping— Am Int Corp 22% ... 21% 23% Int M M pld 36% 36% 35% 36% Foods— Amer Sugar. 42% ... 42% 43 Corn Prod. . .175% 174% 175 176% Cu Cn Su pfd 57% ... 57% 67% Punta Alegre 58% 50% 66 Vi 58% Tobaccos— Tob Prod B 58% 58 58% 59 CURB IS FEATURED BY GAIN AMONG INDUSTRIALS Late Dealings Are Sluggish—Glen Alden Coal Advances. Bu United Financial NEW YORK, May 8. —Trading was sluggish in the later dealings on the curb. The market, however, was featured by important gains in several of the leading industrials. Glen Alden Coal reached anew high record at 98%, as did United Bakers pfd. at 89% and National Tea at 373. The Standard and independent oils were generally easier in sympathy with the pressure directed against the oil shares on the big board. Standard of Indiana was up a point and Vacuum was again higher. Dealing in the metal shares was dull with the exception of Kay Copper and possibly one other Issue. Bonds were steady but without feature. U.S. BONDS GENERALLY LOWER AT TRADE START Foreign last Mostly Steady; Market Rules Dull. By United Financial NEW YORK, May B.—The bond market ruled dull In early trading. Liberties were generally lower. The foreign list was steady with French 8s 99%. up %; Serbian Bs, 81%, up %, and olivia Bs. 91. The demand for rails was light with St. Paul 4%s offered at 54%, off %; New York West and Boston 4%5, 47%, off %; tractions were fairly active. BMT 6s, 76%, up %. Third Ave. Adj. ss, 42%, up%. Industrials were irregular, Vir-ginia-Carollna Chem 7s 59%, off 1, Sinclair 7s, 89%, off %; Wickwire Spencer 7s, 62. up %. Produce Markets INDIANAPOLIS. May B.—Fresh eggs, loss off. 20o; packing slock butter, 25c: spring*, over 2 lbs.. 23c; fowls. 6% lbs. up. 23c; fowls, under 4% lbs.. 18e; Leghorn poultry. 25 per cent discount: cocks. 13c; stags. 18c; young tom turkeys. 12 lbs. up, 24c: young hen turkeys. 8 lb*, up. 24c: geese. 10 lbs. up. 12o: squabs. 11 lbs. to the doz , $5.50; old guineas. doz.. $4.50. Indianapolis creameries are paying 52c per pound for butterfat. CHICAGO. May B.—Butter Receipts. 5,959: creamery, 37a; standards, 37c; firsts. 33%@34%c; seconds. 30@32%e. Eggs— Ordinary firsts. 20 %c; firsts. 22% 0 23c. Cheese—Twins, 17c; young Americans. 18c. Poultry—Receipts none; fowls, 24@20%e; ducks. 28c: geese, 16c: turkeys, 20c; roosters. 16c: broilers. 45 <2 52c. Potatoes—Receipts, 575 cars. Quotations: Wisconsin round whites, sl.lOOl 35: Minnesota and North Dakota Red River Ohios. $lO 1 30; I Idaho russets. $2.3502.50: Texas Triumphs, $5 0 5.30; Florida Spaulding Rose. No. 1. | $8 0 8.25. CLEVELAND. May B.—Butter—Extra in tubs. 40 0 41c; extra firsts, 380 39c; firsts, 33®36c; packing stock, 24 0 26c; standard. 38 0 40c. Eggs—Fresh gathered northern extras, 27c; extra firsts 20c; Ohio firsts. 24a; western firsts. 23%c. Poultry—Live fat fowls. 27 028 c; sprir.gerß. 28 0 29c; Leghorns, 25c, roosters, 17018 c; heavy white. 30 038 c: medium fowls, 27®28e. Potatoes —Michigan round white. $2 0 2.25: Ohios. slOl.lO bushel; .ilinnesota whites, branded, $1.3001.60: New York. $2.2602.35 per 150 pounds; California new, $3 03.25; Bermudas new. $15016 barrel. NEW YORK, May B.—Flour—Dull, unchanged. Fork—Steady: mess. $24,75 0 25.25. Lard—Quiet; mid-west spot. $11.15 i 011.25. Sugar—Raw. easier: centrifugal, i 5.28 c; refined easier; granulated, 7.40 0 7.50 c. Coffee—Rio spot. 14% @ls%c: San - tos No. 4. 18%019%c. TaJ IoW--—Quiet; special to extra. 7%07%c. Hay—lrregular: No. 1, $1.50 01.55: No. 3. $1,250 1.30. Dressed poultry—Steady; turkeys. 20 038 c; chickens. 30 0 48c; capons, 34 052 c; ducks. 20 0 24c: fowls, 20034 c: tucks. Long Island. 20 0 23c. Live poultry—Easy; geese, 10014 c; ducks, 13028 c; fowls. 30c; turkeys. 20@30e; roosters, 16c; capons, 40 0 55c: broilers. 35 055 c. Cheese—Quiet: State whole milk, common to special. 16® 25c; State skims, choice to specials. 110 17e. Butter—Weaker; receipts, 8,483: creamery extra. 38c; special market, 38 % ® 39c; State dairy, tubs, 32 037 %c; Danish, 39 042 c; Argentine. 33 0 35c. Eggs—Firm; receipts. 41.436: nearby white, fancy. 32 033 c: nearby State whites. 25®31c: western whites, 25031 c: fresh firsts, 24 % 0 28 %c; Pacific coast nearby browns, 26 0 34c; nearby browns. 29031 c. Deaths Nancy Alrioh, 83. 2904 E, Washington, pneumonia. Annie Martin. 05, 606 Ogden, chronic interstitial nephritis Jane Davis, 49. 1802 Mill, mitral insufflciency. Martha Sellers Johnson. 74, 223 E. St. Joseph, angina pectoria. Olive Flora Cline. 66. 1427 McLain, mitral insufficiency. Burn Bickett, 43, 1423 Alvord, acute myocarditis.* Rosemary Metz 4 months. 822 N. Illinois, broncho pneumonia. Ellen G. Dillen. 67. 835 Chadwick, acute nephritis. Bessie May Skillman, 42. 262 N. Mount, carcinoma. Charles F. Huffman. 48, 952 Massachusetts, leukemia. Anna Casey, 52, city hospital, myocarditis. Avis Zimmerman. 62, 909 N. Hamilton, acute dilatation of heart. Frank Fisher. 40. city hospital, internal Injuries, accidental. Carl Moore. 14. Methodist Hospital, intestinal obstruction. I Leavitt Burr Elder. 76. 2226 N. Capitol, ; arterio sclerosis. Infant Gilchrist, 4 hours. Methodist, pre- | mature birth. Statue for Navajos WASHINGTON, May B.—A Navajo national monument is being; established within the great and little known Navajo Indian reservation in northeastern Arizona, the Department of the Interior has announced. The reservation comprises three separate j tracts o{ land, each of which contains j the ruins of a prehistoric cave, pueblo or cliff dwelling.

THE INDIANAPOLIS TIMES

PRICES FOR HOGS GAIN FIVE CENTS All Classes of Livestock in Demand. Hog Prices Day by Day May <250-300 lbs. 200-275 lbs. 150-180 lbs. 2. 7.65 7.85 7.65 3. 7.65 7.65 7.65 5. 7.65 7.65 7.65 6. 7.70 7.70 7.70 7. 7.65 7.65 7.65 8. 7.70 7.70 7.70 All classes of livestock were in good demand and trading was done on a firm to stronger basis at the local livestock yards today. Demand from all accounts was good for hogs with the result that prices were steady to generally 5 cents higher. One large trader put a string of 2,000 head on the early market at $7.70, thus establishing the average quotation for the day. Local packers entered actively into the buying and the usual number of shipping orders promised to clear up the yards early at the $7.70 mark, as receipts were somewhat under the demand. Some choice hogs brought $7.75, otherwise the market was a one-priced affair, as compared to Wednesday’s bulk sales at $7.65, top of $7.70 and $7.75. Sows held generally steady with smooth light packers bringing down from $7 with the bulk around $6.85 and roughs quoted $6.40 to $6.75. There was a i good demand for pigs down from $7.25. I Receipts 7,000 inclusive of 113’hold- [ overs. Wednesday’s predicted lower cattle market failed to materalize and all grades of stuff on that day found a steady, strong market in the face of good shipping orders. Prices today v/ere holding firm and steady with all stuff finding a ready sale. Cows, which suffered a somewhat lower price Monday, were back in the running at steady prices. Good steers were quoted : from $8 to sll with cows and heifers bringing from $6 to $9. Receipts, 800. Trading in the calf division was active with prices steady. All good veals were selling over a range, from $10.50 to $11.50 with sales of odd fancies being made at sl2. Receipts, 800. As usual less than 50 head of sheep and lambs were received, hardly enough to establish values. Prices were quoted nominally steady. —Hoe — Choice lights $ 7.75 Light mixed 7.70 Medium mixed 7.70 Heavyweights 7.50® 7.70 Bulk of sales . . 7.70 Top 7 75 Hacking sows 6.25® 7 00 Pigs 4 00 0 7.35 —TattlePrime corn-fed steers. 1.000 to 1.800 lbs $ 9.00 011 00 Good to choice steers 1.000 to 1.100 lbs 850 0 9.00 j Good to choice steers. 1,000 to 1.200 lbs 7.500 900 ; Good to choice steers. 1.000 to 1.700 ibs 6 05® 7.50 Common to medium steers. 800 to 1.000 lbs 6.000 7.00 —tows and H lfer—Good to light heifer* $ 6000 9.00 Good heavyweight . . 7.000 8.00 Medium heifers 600 ® 7.00 Common heifer* 3.00 0 8.00 Fair cows 6.000 7.00 Cutters 2.75 3.25 banner* 2.75® 3.75 ——Bull*Fancy butcher bulls $ 5.00 0 6.00 Good to choice butcher bull*. 6 000 5,50 Bologna bulls 4 250 4.76 'Choice veal* $10.50 011.50 , Good veals 7.50® 8.50 Lightweight veals 6.00 0 7.40 Common heavies 5 00® 7.00 Top 12 00 —Sheep and Lamb*—Extra choice and iambs $13.00® 15.00 Heavy lambs 10 00013.00 Cull lambs 6.00 010.00 Good to choice ewes 6 00® 8.50 Cull* 3 00® 5.00 Spring lambs 15.00 0 20.00 Other Livestock CHICAGO. May B.—Cattle—Receipt*. 10,000: killing classes moderately active, generally steady to strong, killing quality fed steers largely medium; bulk early sale*, i $8.60® 10.56; few handy-weight and strong weight steers. $10.76011; better grades fat ’ she toek In broad demand: beef heifers i largely $7 5008.50: some $9.50 and above; vealers largely $8 25® 925 to packers; choice, $9 50 010 to outsiders. Sheep—Re ceipts. 13.000: market, fat handy weight lambs fairly active, strong: sheep 25c up: bulk handywcights clipped lamb. $15,250 i 16.50; some held higher choice clipp'd i ewes, $8.65: heavyweight wooled ewes, $1): i medium weight. $9.25: few spring lambs. | $17.25017.60 Hog* Receipts, 32.000; i market started strong. 10c up; closed slow; i top. $7.65: bulk. $7.3507.65; heavywei*S;t. ! $7.4007.85, medium weight. $7.3507.65. I light weight $7.05 0 7.60: light lights. $6 15 j 07.40: packing sows, smooth. $68007.05; I packing sows, rough, $6.5506.80; slaughter j pigs. $5.25 06.75. j TOLEDO. May B.—Hogs—Receipts. 800: i market steady to strong: heavies, $7 66® :7 75 mediums. $7 850 7.90; yorkers. $7.80 07.86; good nig*. $6.75 07. Calves—Mar- ] vet steady. Sheep and lambs—Market steady. Butter—4oo4lc. Eggs—2lo22c. | Tiny—s3o. CINCINNATI. May B—Cattle Receipts. ! 800: market steady-: steers, good to choice. | $8.50010.50: calves market steady: good to choice. s9Oll. Hogs—Receipts, 6,500; market steady: good to choice packers and butchers, 97.00. Sheep—Receipts. 200: market steady: good to choice clipped. s7® 7.50: lambs market steady: good to choice clipped, $14.50015; springers. sl2 0 20. CLEVELAND, May B.—Hog*—Receipt*. 5.000: market, steady to 6c higher: Yorkers. $7.90: mixed $7.85: mediums. $7.86; pigs. $7.25; roughs, $6.25; stags. $4.60 Cattle —Receipts. 300: market, steady to 250 lower; good to choice bulls, $607.60: good to choice steers. $0010.50: good tt choice heifers. s7®'B: good to choice cows $5,50 0 6.75: fair to good cows. $4®5.50; common cows. $2 500 3.50. milkers. $35075. Sheep and lambs—Receipts. 800; market, steady; top, $15.25. Calves—Receipts. 300: market. active; top. sl2. EAST BUFFALO. May B.—Cattle—Receipts. 100: market, active, steady: shipping sfeers. $9.50011.60: butcher grades, $8.25 0 9.50: cows. $3.50 07. Calves—Receipts. 300; market active to 50c higher: cull to choice, ,$3.50010.50. Sheep and lambsReceipts. 1.400: market active, lambs 25c higher, sheep steady: choice lambs. $l6O 15.75: cull to fair. $9,50014.50. yearlings. $8.50 012: sheep, $3.60010.25. Hogs— Receipts. 4.000; market, active to s®ioo higher: Yorkers. $7.60 0 8.20; pigs, $7,25 0 7.50; mixed. $8.1508.20 heavy, sß.lo® 8.15; roughs, $606.50: stags. $3.5004.50. EAST ST LOUIS. May 8. —Cattle—Receipts, 2,000: market steady: native beef steers. $7.200 7.55; yearlings and heifers, no sale; cows, $5.5006.76; canners and cutters. $2.2603.50; calves, $9.50 0 9,76. Hogs— Receipts. 11.000; market 6c to 10c higher; heavies, $7.30 0 7.35: mediums. $7.45® 7.60; lights. $7.1007.60; light lights. $0.25 @7.50: packing sows, $6.3506.65: pigs. $5.7606.90; bulk, $7.3007.60. Sheep—- | Receipts, 3,000; market steady: ewes. $5.50 | @9.50; canners and cutters, $205.56; wool | lambs, $14.50 0 17. | KANSAS CITY. Mo.. May B.—Cattle Receipts. 3,000; calves. 500; fairly active; beef steers strong to 15c higher; top steers, $12.50; bulk. $7.7508.60; she stock stealy and stronger: beef oews and heifers, $4.50 '•£ 8.25 :calves strong; practical top veals. $ •: few up to $5.50; stockers and feeders slow, around steady. Hogs—Receipts, 7.500; mostly 5c higher to shippers; packers bidding up to $7.25, or strong; bulk 175 0240lb. averages, $7.1007.25; part loads. $7.30; packing sows, mostly $6.6Q. Sheep Receipts, 3.500: killing classes strong to 150 higher; no wool lambs offered; choice native springers, $17.80; clippers. $14,400 15; fed wethers. $8.90: shorn ewes. $8.50. Hay and Straw Trade By United Financial NEW YORK. May B.—The market for hay and st- aw is easy, and there is about 50 cars of hay at local railway terminals. Good hay can hardly be obtained in the local market. ’ Straw continues dull. Large bales timothy No. 1, quota.ble S3O 031; No. 2. S2B 029; No. 8. $25029: small bales timothy No. 1, S3O bid; No. 2. $27 0 28: No. 3. $24025: larre bales rye straw. $19021.

High Kicker

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This is one of the ways Lina Basquett of Ziegfeld’s Follies keeps in dancing trim. Every day she goes through a set of limbering-up exercises something like this. And if you think they are so easy, just try them some time. VENGEANCE STORY TOLD IN DEATH OF SOPHIE LYONS Once Famous Pickpocket Visited by Three Mysterious Men, Report, By United Press DETROIT. Mich.. May B—Despite the statement of police that Sophie Lyons Burke, at one time an internationally famous criminal, died of a natural death, the belief persisted today In many quarters that she was the victim of three bandits who had accused her of "squealing." For the last forty years Sophie Lyons had gone straight and had accumulated a fortune, but she still befriended her erring brethren and strove to give them another chance. She died at a hospital here yesterday from a cerebrial hemorrhage, according t:o her physician. Dr. G. H. Campau But Mrs. Gertrude Antle, who lives in the Burke home, tells a story of three men who came to see Mrs. Burke Tuesday. Shortly afterward Mrs. Antle heard the aged woman cry, “Quit! Don’t! Let me alone!" Lending color to this theory' is another story of an attack upon Mrs. Burke as she sat in a restaurant three weeks ago. Three men entered and knocked her to the floor, one of them exclaiming, “You squealed!” MONEY INCREASE RAPID NEW YORK, May B.—A slatement of the outstanding circulation of Hungarian money at different dates, compiled by our Federal Reserve Board, shows that the paper currency of that state has increased nearly 100 I times over since the end of 1920. At that time the outstanding circulation was 14,038 million crowns. At the end of 1921 it had risen to 25,176 millions, and at the end of 1922 to 76,877 millions. The 'ncrease became much more rapid last year. By July the total had reached 226,285 millions; by September 688,810 millions, and by December 931,337 millions. At the end of January tho outstanding total was 1,084,674 millions. It is further stated that for the fiscal year 1922-23 the budget deficit was 40,652,890,600 paper crowns, reckoned as equivalent to 89,049,188 gold crowns, and met almost exclusively by Issues of paper money. Tobacco Far North MONTREAL, May B.—Tobacco may be grown In every part of Canada, even north of the 56th degree, a bulletin of the Canadian Pacific railway announces. The tobacco plants are grown as are cabbage. When it is felt certain that the last spring frost has occurred, the plants are set out. One Alberta farmer, living well above the 55th degree, has never failed to produce a crop. Russ Emigrants Back RIGA, Russia, May B.—Hundreds of Russians who emigrated to Australia and the Americas before the war are returning to their native country to re-establish themselves in trades they learned in foreign countries. One group that went out to Australia has applied for permission to return to Russia and develop sheep breeding. Rate Increase Granted The public service commission today made public orders increasing the electric rates for the Indiana Power and Light Company, Butler, Ind. The company serves Spencerville, Butler and St. Joe. Compel Hermitage PEKING, China, May 8. —Members of a monastic order in Tibet voluntarily condemn themselves to life-long solitary confinement in order that they may have a lesser nutnber of rebirths than their fellow creatures, according to reports that have reached here.

The Vote in Marion County

Republican A total of 160 precincts out of the 206 in the county, officially reported and unofficially tabulated show the following results in the Republican primary: ’ For President Ca.lvin Coolidge 40.676 Hiram W. Johnson 3,673 For Governor Edgar D. Bush 1,006 Ora A. Davis 312 Elias W. Dulberger 155 Ed Jackson 28,233 Samuel Lewis Shaik 15,728 Edward C. Toner 5,692 For Congress Morris Greenleaf 419 French Hollinshead 570 Merrill Moores 1 9,000 Wallace A. Robertson 1,477 Ralph E. Updike 19,685 For Prosecuting Attorney James E. McDonald 18,504 William H. Remy 22,281 Frank C. Riley 1,726 For State .Senators (Four nominated) Fred M. Dlckerman 19,499 Luke W. Duffey 6,583 Jacob H. Hahn 1,953 Russell B. Harrison 19,603 Carl Humble 2,382 Tyrah Ernest Maholm 3,521 Louis Markun 4,421 Winfield Miller 9,007 Robert L. Moorhead...,. 15,346 Sylvester A. Morgan 1,982 James R. Norre}l 9,163 William T. Quillin 18,154 Solon B. Selleck 2,349 Harvey G. Shafer 12.854 Robert S. Turner 2,501 Ciarence C. Wysong .... 5,976 For Joint State Senator Marion and Johnson Counties William E. English 26,145 For State Representatives (Eleven Nominated) John L. Akard 1,140 Hubert Oscar Alstatt 846 R. L. Ashinger 1,399 Charles £. Bebinger 16,943 Frank Boms .15,343 William Bosson Jr 6,946 William Breidenbach 1,892 Joseph C. Buchanan 17,994 Le Roy C. Bush 2,835 Jackson Carter - 4.711 Samuel H. Cooper 2,555 | Obediah Craig 1,918 ) Frank I). Davy 2,098 H. Walker De Haven 16,420 Thomas M. Dexter 8,199 ! Arthur M. Dinsmore 3,016 j Robert J. Douglass 4,211 i Russell V. Duncan 17,001 J. W. Ebaugh 15,040 George W. Elliott 16,429 Howell Ellis 4.761 Clifford W. Ferguson 2,725 John P. Fitzgerald 1,822 Ella V. Gardner 3,663 j William D. Hamerstadt 3,809 ; Hester M. Hart 4,434 | Horace F. Harvey 5,611 i William Y. Hinkle 15,288 Adam S. Larison 1,340 ■ Ulysses G. Leedy 5,498 Jessie Levy 4,740 Asa R. Mathis.. 3.956 John McGregor 4,633 ! Charles Mendenhall 14,024 Paul O. Meredith 5,059 i Charles Arthur Messmore 1,148 Clyde P. Miller 3,061 Paul E. Miller 3.019 Rowland W. Nichols 4,372 William E. Peats 1,564 Lawrence A. Shaw 4,509 Claremont R. Smith 13,804 Judson H. Stark 3,556 Janies H. Storm 1,546 Austin H. Todd 2,830 Homer L. Traub 6.970 William F. Werner 13,866 Thomas C. Whallon 4,134 Charles A. Wilson 3,108 For Joint Representative Marion and Johnson Counties Frank E. Cline 9.244 Charles M. Clark 20,124 For Treasurer John L. Duvall 16,614 Edward A, Ramsey 18,554 For Sheriff Charles W. Freeman 895 Omer Hawkins • •• 15,195 Claude F. Johnson 8,802 Joseph K. Klaiber 2,586 Madison W. Monnett 148 Frank E. Sipe 674 John F. Walker 5.677 Seth S. Ward 1,677 Anson B. Wiltsie 1,852 George L. Winkler 3,490 For Coroner Edgar V. Am... 3,892 i William D. Bean blossom.. 4,022 Harry A. Boyde • • 718 ] George E. C. Kincaid.....* 850 Samuel McGaughey 3,817 Paul. F. Robinson * 22,811 For Surveyor Paul R. Brown 12,923 Wayne L. Horton 1,048 Fi-ank P. Joyce 1,340 DeWitt V. Moore. 2,081 George C. Schmidt .....17,055 For Commissioner —First District — Cassius L. Hogle 15,710 Daniel T. Riser.- 4.386 John E. Shearor 11,692 For Commissioner —Third District— Albert Hoffman 12,471 Charles O. Sutton 19,637 ELLIOTT GIVES ANSWER Says Administration Is Cleanest City Hits Had. "In spite of all the criticisms of the city administration, some of which has been in an effort to make me out almost a criminal, because I refused to follow the dictates of anyone or anything except my own conscience, the present regime is the most honest Indianapolis ever has known.” This was the statement of City Engineer John L. Elliott before the Y. W. C. A. and Y. M. C. A. at Indiana Central College, Wednesday evening. Three New Eagle Scouts Indianapolis has three new Eagle Scouts, Robert Wlnsted, Troop 21, and Allen Bishop and Elliott Perkins, both of Troop 46. The Indianapolis Court of Honor awarded 186 merit badges to Scouts Wednesday night. . \

Democratic Official returns unofficially tabulated from 160 of the 206 precincts in Marion County show tho following results in the Democratic primary: For Governor Charles S. Batt 127 Joseph M. Cravens 1,214 Dale J. Crittenberger 342 George R. Durgan 5,349 Olin R. Holt 188 Carleton B. McCulloch 9,291 Frank A. Priest 69 James K. Risk 106 For Congress Charles B. Clarke 5,023 Julia E. Landers 1,531 Raymond F. Murray 1,653 Jesse Sanford 607 Albert Stanley 529 Joseph P. Turk 5,931 For Prosecuting Attorney Richard M. Coleman 6,368 James E. Deery 8,610 Patrick J. McCormick 620 For State Senator (Four nominated) William A. Arnold 1,852 Harry W. Bassett 5,192 Earl R. Cox 5,228 Arch D. Hirich.. 1,485 Albert.A. Henry 2,523 Edward W. Holt 3,323 Willett A. Judson 854 John' W. Losh 1,704 Michael M. Mahoney 7,498 Meredith Nicholson 10,127 Benjamin C. Reed 2,468 Lawrence J. Sexton 6,697 Winfield C. Snyder 2,160 Arthur Wojf ... 2,029 For Joint State Senator Marion and Johnson Counties George W. Curtis 7,435 Edward W. Little 3,076 Frank J. McConaughy 2,753 For State Representative (Eleven Nomniated) Howe Abbott 2.165 John C. Bankett. 4,556 Max A. Blackburn • 2,156 Peter A. Boland -• 5,381 Leo T. Brown • 2,046 George N. Burkhart 2,852 H. E. Calland !.... 4,495 B. Howard Caughran.-. • • 1,941 Charles Murray Clayton 1,683 Stephen A. Clinehens 2,762 L. William Curry 2,006 Catherine DeMiller • • 2.056 Edward Donaldson 1,791 John W. Friday • • 3,550 John A. Hayes 4,439 George A. Henry 2,499 Merica Hoagland 1,837 William B. Johnson..- 2,073 Eugene F. Lentz •• 2,037 John F. Linder 2.275 Michael W. McCarthy 4,545 Edward K. McKinney 5,124 Vincent H. Mercurio 5,843 William H. Montgomery 1,599 Edgar A. Perkins, Sr 6.942 Jacob F. Poe 1,537 Hubert S. Riley 7,011 Louis C. Schwartz 2,424 Alma L. Sickler 2,550 Leo X. Smith 7.157 Marion Schwartz 2,203 Lufe D. Weathers 2,496 John E. Webb 5.600 George W. West 1,428 Joseph R. Williams 3,972 Floyd E. Williamson 4,359 Henry’ H. Winkler 2,249 Carl E. Wood 5,485 For Joint State Representative Marion and Johnson Counties William W. Spencer 5,513 For Treasurer William E. Clauer 7,020 William Gale 2.839 William H. Geckler 1,057 Frank F. Woolling 3,217 For Sheriff Gabriel H. Cook 394 Jqhn E Healey 663 Wallace G. Miller 663 John B. Poole 314 Otto T. Ray 6,454 Edward A. Schneider 901 William P. Sindlinger 2.577 Theodore Walker 853 Albert F. Walsman 2,328

For Coroner Vernon D. Brigham 2.156 F. John Herrmann 1.241 Garrett F. Kirby 5,494 Livingston M. Marker 1,227 John Fuark Potts 685 Charles A. Reed 2,883 Patrick E. Walsh 888 For Surveyor George M. Cheney 4,091 ! E. Edward FilTion 1,412 j Rush F. Pickens 4,7181 Bruce Short 4.647 j For Commissioner First District William H. Flanders 1,146 John Kitley 8,670 Enoch Walter McCord 2,459 John Schildmler 889 For Commissioner Third District John H. Danner 2.475 ! Alva W. Gulley 1,269 ! George D. Hardin 9,053 J DISCUSS STATE HOSPITALS * — I Branch Confers With Official On Re-1 districting State. Dr. S. E. Smith, Indiana University, formerly superintendent of the Eastern Indiana Hospital for, the Insane at Richmond, conferred with Governor Branch today upon redistricting the State for purposes of apportioning patients to State hospitals. Smith is a member of the commission named by ex-Governor McCray. Highway Board to Buy Gas Bids for the State highway commission's yearly supply of gasoline, oil and grease will be opened Friday. Estimated cost is about $400,000. Specifications estimate the need at 120,000 gallons of oil, 92,000 pounds of grease and 1,700,000 gallons of gasoline -and coal oil. The old contract with the Standard Oil Company expires Friday. 154 Nurses Take Exams One hundred and fifty-four trained j nurses, the largest number ever to take the State registration examination, completed their two-day quiz today. k Miss Nellie G. Brown, instruCTor of nurses at Robert Long Hospital, is directing examinations.

HRMITAGE CLAIM ON COUNTY CONTROLLOUDESi Coffin Says Recount Proceedings Will Be Started Today —Convention Saturday, While both George V. Coffin and William H. Freeman, rival Republican bosses in Marion County, blew the ! victory note today in their struggle ! for county chairman of the party, i Freeman's blast was louder and 1 clearer. ; "We (Shank-Armitage portion) have elected at least 150 precinct committeemen who are favorable to us," Freeman said. "I am reasonably certain of having a majority of the 206 committeemen,” said Coffin "However, my attorneys will file a petition for a recount some ! time today. There’s been crooked work.” Two Candidates in Field ’ The newly elected Republican preI cinct committeemen meet Saturday afternoon in Criminal Court to choose a successor for Freeman, who is | present county chairman. Coffin and I Freeman are both candidates, it is ! said, although Freeman today said he did not know for sure whether his hands itch to grasp the tiller ; again or not. The Democratic committeemen will meet at 1 p. m. Saturday in Superior j Court Three. Russell J. Ryan, present county chairman, has no opposition for re-election, it is said. Immediately afterward the meeting will go into district convention. Reginald Sullivan, present district chairman, is unopposed for re-election. Reiley May Be Choice Republicans will also elect district chairman following the qounty selection. William E. Reiley, Shank man. may be re-elected. Following is a calendar of other events collected with the present election year: May 21—Last day for Congressional candidates to file statement of ex- ! penses with House of Representatr. is. May 21 and 22—Republican State ! convention, Indianapolis. May 26 —Last day for political treasj urers to file expense statements with ! county clerk. June 4 and s—Democratic State ' convention, Indianapolis. June s—Last5 —Last day for all candidates |to file campaign expenses accounts ■ with county clerk. June Session of County Commissionj ers —Five voting places for November June 10—Republican national con- ! vention, Cleveland. I. U. TABLET IS UNVEILED Site of University's First Building Marked. By T mes. Special BLOOMINGTON, Ind., May B.—-A tablet now marks site of the firs' building of Indiana University. The marker was unveiled Wednesday as part of the university’s centennial celebration. John W. Cravens, secretary, spoke. Dr. N. W. Wisjiart, Indianapolis, and Ernest P. Bicknell. Red Cross director of foreign relation, were awarded honorary degrees of doctors of law at a morning convocation. President William Lowe Bryan spoke. A painting of ex-Governor Joseph A. Wright was presented by his son. John C. Wright, Indianapolis. A ; landscape. "In Arcadia,” by Theodore | J- Martin, Washington, also was pre- ; sen ted. A historical pageant was 1 given. CAPS AND GOWNS APPEAR Indiana Central Seniors Honored on Recognition Day. For the first time this year, seniors of Indiana Central College appeared at special chapel exercises wearing caps and gowns, in observance of Senior Recognition Day. President I. J. Good spoke on th value of a college education. The seniors were greeted by members of the other three classes. Russel Hiatt spoke for the freshmen, Elizabeth Osgood for the sophomores, and Harry Good and Dorothy Velander for the juniors. Dr. J. A. Cummin s.professor of psychology, spoke on the three platforms entering into the life of a truly successful man or woman, education, matrimony and a vocation. # ASK DOLLINGS RECEIVER Indiana Subsidiaries of Ohio Company Already I'nder Court Orders. An application for receiver in Indiana for the R. L. Doilings Company, an Ohio corporation, and the International Note and Mortgage Company of Ohio, an allied firm, was filed in Probate Court today by Mrs. Mary K. Miller of Columbus, Ohio, a stockholder. The petition amounts to application for an ancillary receiver, attorneys said, as the Indiana Doilings and Indiana Note and Mortgage companies, subsidiaries of the Ohio corporations, are in receiverships. NORRIS HACKS gToTp. TIE Writes Letter Interpreted to Mean He’s Through With Party. By United Press LINCOLN. Neb., May 8, —Senator Norris practically cut loose from the Republican part” today when he announced in a letter released here tin# he would not attempt to get friends to vote a straight ticket and wished to “abolish party responsibility and in its stead establish personal responsibility." Manual Club Meets ~ Plans for the annual Latin quotation contest to be held June 6 were, made at a meeting the Latin Giub ”f 1 Manual Training High School today. Robert Louis Stevenson's poem, “A Child Garden of Verses,” was read i in Latin and English. A vocal duetj was presented by Marian Wit anJ Amelia Wiley. Others on the pr<* gram: Ruth Rullard, Laura Mary Hastings, Hazel Gorch, J Miller.

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