Indianapolis Times, Volume 36, Number 15, Indianapolis, Marion County, 28 May 1924 — Page 11

MAY 26, 1924

DIVIDEND FAILURE BRINGS WABASH • D9WN|PQINTS Nothing Happens Overnight to Influence Stock Values or Prices, By United Press NEW YORK, May 28.—Nothing happened overnight of outstanding influence to stock values and prjpes showed no important changes in the initial trading. Wabash “A" started in at 44%, off more than 2 points from the week’s high, affected by the disappointment over the failure of the directors to take dividend action on Tuesday. Well informed interests, who had not expected any developments at yesterday’s meeting, are convinced, however, that a 5 per cent rate will be declared in the near future. Opening prices: Norfolk * Western 126. up 1H: Westiaghouse 56%. off %: U. S. Steel 95 s *. ex-dividend, up %: Baldwin . 108%, up %: New Haven 19*4. up % : Southern Pacific 90%. off %: A T. and T 126 % : U. S. Rubber 25. off % : Studebaker 33: International Paper 43%, up %; Republic Steel 44%. off %. Local Bank Clearings Indianapolis bank clearings Wednesday were 52.422.000. Bank debits amounted to 55.622.000. PINSFRACIION LOWER Ai FINISH Corn Slumps After Closing of Erratic Session. By United Press CHICAGO, May 2s.—Grains moved with a narrc-w margin on the Board of Trade Wednesday and finished with fractional recessions. General trading in wheat was of a waiting nature. Only a few operators bought small scattered lots. The cause of the slight slump was rains over sections of the Southwest where needed and some selling by tired longs. Corn, following an erratic session closed at the day’s low point. News of any nature had little effect on sentiment. Lack of support weakened the oats market. T-'ew sales were made in provisions on a nominally steady .basis. Grair ci:se: Wheat—May. off %; July and September, off H. Corn—May and July, oli f September, off %o. Oats— May! July id September, off % •

Chicago Grain Table —May 28— AjVTEAT— Prev. WM Open. High. Low. Close, clcne. 1.05% 1.05% 1.05 1 5% 1.05% July 1.07% 1.07 5 * 107% 1 7% 1.07% Sept 1.08% 1.09 1.08% J. 08% 1.09% CORN— May. .77% .77 A. % .78% July. .77% .•*% .76% .76% .77% Sept. .76% .76% .76 .76% .77% OATS — May. .46% .46% .46% .46% .46% July. .44% .44% 44 % .44% .44% Sept. .40% .40% .39 T 4 .40.40% LARD — •May ... 10.17 10.20 RIBS—•May 9.72 9.75 RYE— May. .67% .67% .67 .67% .67% July. .69% .69% .68% 68% .69% CHICAGO, May 28.—Carlot receipts were: Wheat. 6: corn. 83: oats. 43. Deliveries: Wheat . 302 000 bushels: corn. 350.000: oats, 165.000; rye. 22.000. CHICAGO, May 28.—Wheat—No. 2 hard. 51.07% <£ 1.13: No 3. $1.04%. Com —No. 2 yellow. 78 378 %c: No. 3. 76% ®77%c: No. 4. 74 %®75 %e: No. 5, 75%: No. 6. 74®75e; No. 2 medium, 77%®~8%e; No. 3. 76©76%c: No. 4. white. 75 %c: No. 2. 78%'3 79c: No. 3, 7?®77%c: No. 4, 75% 376 c: No. 6. 74%c. Oats—No. 3 white. 47% 348 c: S v 'o. 4, 45%®47%c. Barley—7o3B2c. re—No. 2. 68 %c. Timothy—ss ® 7.25. over—slo.so 318.50. Produce Markets INDIANAPOLIS, May 28.—Fresh eggs, 22c: packing stock butter. 21c: fowls. 4% lbs. up. 23c: fowls under 4% lbs.. 19c; springers, 1924, 2-lb size, 38e: young tom turkeys. 12 lbs. up, 24c: young hen tykeys. 8 lbs. up, 24c: old tom turkeys. 18c; ducks. 4 lbs. up, 15c; geese, 10 lbs. up. 11c: squabs. 11 lbs. to dozen, $4.50. CHICAGO. May 28.—Butter —Receipts, 13,245: creamery extra. 38c: standards. firsts. 35®30e: seconds. 31®34e. iTfc —Receipts 19.598: ordinary firsts, %*P4®22e; firsts. 23%(g 24c. Cheese— CTrins. 18%e; young Americas, 19c. Poultry—Receipts. 5 cars: fowls, 23%c: ducks. 20c. young, 28c: geeee. 12c: young. 23c: turl.eys. 20c: roosters. 13c; broilers. 38 3 44c. Potatoes—Receipts. 278 cars. Quotations: Wisconsin round whites, $14031.65: Idaho russets. $19032.30: Louisiana Triumphs No. 1. $2.1532.35: No. 2. $131.15; Alabama Triumphs No. 1, $2.5032.65: No. 2. $1.15® 125. CLEVELAND. May 28.—Butter—Extra in tuba. 41% 3 42 %c: extra firsts. 39% 3 40%c: firsts. 36%®37%c: packing stock. 243 27c: standard. 39 %c: prints 1 cent extra. Eggs—Fresh fathered Northern extras, 27 %c: extra firsts. 26%c; Ohio firsts, 24 %c: Western Arsis. 24c. Poultry^—Live, fat fowls. 26 327 c: springers, 28@ 29c: leghorn fowls. 25c: roosters. 14 ’•3lsc; medium fowls. 27c: broilers. 30® 38c. Potatoes—Cobblere. $2.2332.35 a bag: Hastings. 58.2538.50. NEW YORK. May 28.—Flour —Dull and unsettled. Pork—Dull: mess. $27. Lard— Easy; midwest spot, $10.70310 80. Sugar—Raw weak: centrifugal 66 test. 6.02 c; refined quiet; granulated. 6.80® 6.50 c. Coffee—Rio spot? 14 %c: Santos No. 4. 18% 319 c. Tallow—Steady Hay —Dull: No. 1. $1.60: No. 3. $1.35®1 40. Dressed poultry—Quiet: turkeys. 20338 c: chickens. 28@48o; fowls. 163 34c; ducks. 23c: ducks. Long Island, 22c: capon6,'3s ©s4c. Live poultry—Quiet- geese. 10® 14c: ducks. 13@25c: fowls. 26® 27c: turkeys. 20@3<Je; roosters. 12c: broilers. 30 @soc: capons. 30®45e. Cheese—Steady: State whole milk common to specials. 16% @ 25c: State skim3 choice to specials. 11 ®l6%c: lower grades, 4 310 c. Butter— Firm; re eeipts. 12.744: creamery extras. 39c: special market. 39% 340 c: Danish. 39% @ 41c: Argentine. 33%@36%e. Eggs—Dull: receipts. 42.666: nearby white fancy. 33335 c: nearby State whites, 26@33c: fresh firsts. 24%®29c: Pacific coasts. 26 336 c: western whites. 26 @ 33c; nearby browns. 30® 33c. RAISE LEVEL OF LAKE Ontario, May 28. Agreements have been signed by the Hydro-Electric Power Commission of Ontario under which the Nipigon power development will be assured a load of 60,000 horse power at a cost of s2l per horse power. By next winter, it is believed, the plant will have a capacity of over 76,000 horse power, and by 1926 the plant will be in a position to produce 80,#OO horse power. The level of Lake will be raised in order to increase the available power.

New York Stocks (By Thomson & McKinnon) —May 28— Railroads— At 1:30 Prev. High. Low. p. m. close. Atchison ..102% ... 102% 102% B. & O. .. 55% 55 55% 55% C. & O 80% 79% 79% 79% C & N W R 51 % 51 % 51 % 51 % C.. R. & P.. 25% 24% 25 25% Del. & Hud 116% ... 115 117% Erie Ist pfd 32 ... 31% ... Gt No pfd. 57% ... 57% 57% Lehigh Pal 42% 42% 42% 42 Mo Pac pfd 40% ... 40% 41% N Y Cen.. .102 ... 102 101% Nor Pac.. .. 62 ... 52 61% No & Wset 126% 124% 124% 124% Pere Marq. 50 ... 49% 49% Reading ... 53 % •. . 53 % 52 % So Railway 54% 54% 54% 54 % So Pacific.. 90% 00% 90% 90% 9t Paul pfd 22% 21% 22 21% St L& S W 37% ... 37 % 37 % Wabash pfd 45% 44% 44% 44% Rubbers— Kelly-Spg... 13% 13% 13% 13% D S Rubbefr 25 23% 24% 25% Equipments— Am Loco.. 72% ... 72% 72% Bald. Loco 108% 108 108% 108 % Pullman ...122% 120% 122 121% West Elec. 56% ... 56% 56% Steels— Bethlehem.. 48% 48% 48% 43% Colo. Fuel. 39% 39% 39% 39% Crucible ..50% 50% 50% 50% P . R. C & 1 46% 45% 45% 45% Rep. I& S. 44% ... 44% 44% D S Steel.. 96 95% 05% 97% Motors— Am B M... 24% ... 24% ... Chan Mot . 44% 44% 44% 44% Gen Mt. . 13% ... 13% 13% Mx M M. . 42 % ... 42 42 % Studebakr . 33 32% 32% 32% Stew-War . 60 58% 69% 60 Minings— Gt. N Ore.. 26% ... 26% 26% TG&S. .. 61 ... 61 61 % Am Smlt .. 61 % ... 61 % 62 Anaconda ... 29% ... 29% 29% Kennecott .. 38 % ... 38 % 38 % Oils— Cal. Petrol. 23% 22% 23 23% Cosden .... 29% ... 28% 29% Mar Oil . 31% 31 31% 31% Pn-aA P. . . 51 60% 51 51 P&n-A P B. 49% 49% 49% 49% Pac Oil ... 48% 47% 48 48 Pro. & Ref. 26% ... 26 26% St. O of C.. 57 ... 57 56% St O of S. J 34% 34% 34% 34% Sinclair ... 19% 19% 19% 19% Texas Cos . 39 % 39% 39% 39% Industrials— % Yellow Cab. 41% ... 41% ... Yellow Mfg. 46% 45% 46% ... Tr Con Ore. 4 % 4 4 4 % Am Can .44103% 102% 103% 102% Am Woolen. 65% 64% 65 65% Coca-Cola . 65% 64% 65% 66% Congol ... 39% 39 39% 38% Con Can ..48% ... 48% 48 Da.-CChem. 47 46% 47 46% Fam Play... 73% ... 73% 73 m Gen Asph . 35 % ... 35 % 35 % In. .Paper . 43% 43 43 4.) MAM 22% ... 22% 23 Nt. En ... 24% ... *4% 24 Sears-Roe .82% ... U S C I P. 89 88 88% BS% CS In A1... 64% ... 64% 64% Utilities — AT AT. .126% ... 126% 126% Con Gas .. 65 64% 65 64% Col Gas ... 36% ... 36% 36% Shipping— Am In Cor. 20% ... 20% 20% I Mer M pd. 32% 30% 32% 3~% Foods— Corn Pr 85% 35% 35% 30% Cu A S 80% 30% 30% 30% Puma A... 51% 51% 51% 51% Tobaccos— TobPrß.. 58% 57% 58% o. % Indianapolis Stocks —My 28— Bid. Ask. American Central Life . 200 Anier Croosoting Cos pfd. ... 97% ... Advance Rumely Cos Com. 7 9 Advance Rumely Cos pfd... 29 31 Belt R R com . 75 ... Belt R R com 75 ... Belt R R pfd . 53 Century Bldg Cos. pfd 98 ... Cities Service Cos com • •• Cities Sen Ice Cos pfd Citizens Gas Cos c0m...... 28% 29% •Citizens Gas Cos pfd 101 104 Indiana Hotel eoum 100 Indiana Hotel pfd 100 ... Indiana Pipe Line pfd.... 89 % 92 Indiana Title Guaranty Cos. 90 100 Indpis Abattoir pld 4o Indianapolis Gas 51 o 4 Indpis A Northwestern pfd. 33 42 Indpis A Southeastern pfd. . . 4o tlndpls Street Ry 56 61 Indpis Tel Cos. com 1 ... Indpis To) Cos. pfd 90 ... Mer Pub Util Cos pfd 82 National Motor Car Cos ... Public Savings Ir.s Cos 12 ... Rauh Fertilizer pfd 46 50 Standard Oil of Ind 56% 5 % Sterling Fire Ins 10 T H I A E com 8 T H I A E Pfd • - 14 T H Tr and Lt Cos pfd.... 90 94 Union Trac of Ind com ? Union Trac of Ind Ist pfd. . . . lo Union Trac of Ind 2d pfd. ... f Van Camp Prod Ist pfd. ... Van Camp Prod 2d pfd 98 Vandalia Coal Cos. com 4 Vandalia Coal Cos pfd 6 Wabash Ry Cos com 15 % ... Wabash Ry Cos pfd 44 46 _ Bonds Belt RRASY 4s. May. 1930 81% Broad Ripple ss. July. 1923 62 ... Cent Ind Gas ss. Sept., 1931 Cent Ind P Cos 6s. July. 47 ... Citizens Gas ss, July. 1942 88 'a 89% Citizens Gas 7s. serial .... 101 103 Citizens St Ry ss. May. ’33 83 86 Ind Coke A G 6s. April. ’46 90% 94 Ind Hotel ss. July. 1931.. 95 Ind Hotel Cos 2d 6s, draw. . 100 Ind North ss. Oct.. 1923.. .. ... Ind Ry and L sg. Jan.. ••• Ind Serv Corp os, Jan.. 1900 . . ... Ind Union Trac os July. 23 .. ••• Indpis Ab Cos 7%5, Sep. 31.100 103% Irdp’.s Col A S 6s. Feb. ’4B 96 100 Indpis Gats 6s. Oct.. 1952. 88 89% Indpis LA H ss. April. - 40 96 99% Indpis A Mart ss. Jan.. ’32 . . 5o Indpis Nor 6s. July. 1932.. 40 44 Indpis A Nor ss. Mar.. 1923 40 42 Indpis A S E os, Jan.. 1925 25 ... Indpis S A S E ss. Jan., 32 30 . • • Indpis St Ry 4s Jan., 1923 62% 67% Indpis TAT os. Jan . 1923 88 90 Indpis Un Ry ss. Jan.. ’65 94 ... Indpis Un Ry 4%5. May. - 26_90 . Indpis Wa 5%5. March, '53 96% 98% Indpis Water 4%s 90 92% Ind Pub Ser 6s. April. 1943 88% 91% T H I A E 5s Aug 45 . . 57 62 T H T and Lt ss. May. ’44 82 ... Un Trac of Ind 6s. July, ’32 54 57 Bank Stocks Aetna Trust and Savings C 0.103 ... Bankers Trust Cp 112 ... City Trust Cos 100 ... Continental Nat Bank.... 102% 108 Farmers Trust Cos 200 ... Fidelity Trust Cos 152 ... h Fletcher Am. Nat. 8ank...137 140 Fletcher Sav and Tr Cos. . . .201 220 Indiana Nat. Bank 257 265 Indiana Trust Cos 212% 230 Live Stock Ex Bank 190 ... Mar Cos State Bank 150 ... Merchants Nat. Bank 800 „., Peoples State Bank 200 Security Trust Cos 170% ... State Sav and Tr Cos 100 120 Union Trust Cos 318 360 Wash Sav and Tr Cos 150 ... SI,OOO Liberty 2nd 4s at 100.40

HARDWARETRADEHELD BY BACKWARD SPRING Retail Stocks Low; Jobbers Able to Ship Immediately. Conditions in hardware centers throughout the country have j changed but little during the past j week. Weather still seems to be the j determining factor in ajl jobbing | centers. The backward spring has held up consumer demand for ar- | tides which ordinarily would now be | moving rapidly. This in turn has natrually had its effect upon the buying of the retail trade. It is noteworthy that whenever a few clear days occur that sales increase with startling rapidity. Generally speaking, retail stocks are low. The retailers, however, are oray buying in hand-to-mouth fashion. Jobbers are well supplied with merchandise and are in a position to fill almost any orders in remarkably short time. The same holds true with respect to manufacturers’ deliveries. The manufacturers have the stock on hand and are well able to take care of orders. —Hardware Age. Tank Wagon Prices (Gasoline prices do not include State tax of 2c a rallon.) GASOI.INE —Energee, 22c a gallon : Purol, 18.2 c; Red Crown, 18.2 c; Diamond Gas. 18.2 c: Crystal Pep. 2)e: Target. 18.2 c: SUver Flash, 23c; Standolind aviation. 23c. KEROSENE—Crystaline. 12.7 c a fall on; Mocre Light. 15.5 c: Arclite, 12.7 c; Perfection. 12.7 c: Solvent, 35c. NAPTHA —Lion Power Cleaners. 22.6 c a gallon: V. M. 4 P„ 22Ac; BUndolin<i Cleaners, 23.5 c.

HOGS CONTINUE DOWNHILL TREND Light Mixed Going as Low as $7,30. Hog Prices Day by Day May 250 300 lbs. 200-275 lbs. 150-180 lbs. 22. 7.55 7.55 7.55 23. 7.45 7.45 7.45 24 7.55 7.60 7.60 28. 7.00 7.05 7.00 27 760 7.50 7.45 28.’ 7.55 7.50 7.50 i s Hog prices at the local livestock yards Wednesday were steady to lower. Heavyweights again commanded top quotations of $7.60 and $7.65. Light mixed classes fell as low as $7.30. The bulk of sales were made from this figure up to $7.40. The market was slow in anticipation of the holiday Friday. A few choice porkers of the medium heavy type brought $7.60. The medium mixed class was quoted at [email protected]. Light lights were bringing a price ranging from $6,30 to $6.75. Pigs were steady at $5 to $6.75. Smooth packing sows were quoted at $6.75 to $7. Roughs were going at $6.50, to $6.75'. Receipts, 12,000. Holdovers, 104. Trading in the cattle division was slow, with prices generally steady. Good steers were quoted from $8 to $11.25. All good stuff held to Tuesday’s prices. Cows and heifers were bringing $8 to $lO. Butcher stuff was a shade lower. Buyers seemed unconcerned and were taking their time. Receipts, 1,200. The calf market was slightly higher. The top price paid for choice veals was $10.50. A quarter higher than Tuesday. The bulk of sales were made at $lO. Buying was fairly active and promised an early clearance of the pen. Receipts, 1,100. Lamb prices advanced a half to a top price of sl6 in trading in the sheep and lamb department. Other than this change the market was steady. Good to choice ewes were going at $6.50. Receipts, 200.

—Hogs— Choice lights 7 30® 7.35 Light mixed 7.30 n 7 40 Medium mixed 7.40® 7.50 Heavyweights 7,50 @ 7.55 Bulk of sales 7.30 <ui 7.40 Top 7 60 Paeikng sows 6.003 7 00 Pigs 5.00® 8.75 —Cattle— Prime corn-fed steers, 1.000 to 1.800 x $ 9.00311.25 Good to choice steers. 1.000 to 1,100 lbs 8.50 3 9.00 Good to choice steers. 1.000 to 1.200 lbs . 7.50® 9.00 Good to choice steers. 1.000 to 1.700 lbs . 6.05® 7 50 Common to medium • steers. 800 to 1.000 lbs 6.00 3 7 00 —tows and Heifers— Good heifers $ 6.00330 00 Good heavyweights 7 00© 8.00 Medium heifers 0.00 3 7 00 Common heifers 3.00- % 6 00 Fair cows 6 00© 7.00 Cutters 2.75 33 25 Canners 2.75© 3.75 Choice veals $lO 50 Good veils 8.5010.00 Lightweight veain 8 00® 7 40 Common heavies 5.00© 7.00 Top—. 10.50 —Sheep and letmbi— Extra choice lambs $13.00318 00 Heavy lambs 9,503 12.25 Cull lambs B.oo© 10.00 Good to choice ewes 4.50 © 0.50 Culls 3.00® 5.00 Spring lambs 15 00 317.00 Other Livestock CHICAGO. Aug. 28. Cattle—Rr.-ripts. 12.000; market for better grades weighty fed steers, steady, other yearlings and (at cows, very slow, culls lower 111 spots: top matured steers. $11.50: weight. 1.580 lbs.: several loads. sll3 11.35: bulk fed stt- rs and yearlings. SS'alO: vealers. 25® 50c. off early: others steady: bulk vealers around $9. Sheep—Receipts, 10.000. market. fairly active; in best demand: 25 ® 50c up: old crop lamb*, strong. 25c up: sheep strong; early bulk ntive spring iambs, 816 50© 10 75: 08-lb Idaho springers. $17.15: choice dipped iambs. sl4 75; few choice handyweight fat ewes. $7 25. Hogs—Receipts, 26.000: market, weighty but "tiers. 5c off oth-rs 5® 10c off; top, $7 bulk, $6 85 heavyweight. $7 25® 7 40: medium weights, $7 15®7.35: lightweights. $6 05 ©7.30: light lights. $5 75®7 sows smooth. $8.5530.70; packing rough. $6 40 2 0.55; slaughter pigs. $5 3 6.10. KANSAS CITY, Mo , May 28.—Cattle— Recelms. 11.000: calves, 2.000: very slow, practically no early sales, killing quality mostly plain: bulls steady bolognas $4.25 ©4.85: calves dull: practical top veals, $9: Stockers and feeders slow Hogs—Receipts. 14 000; few sales 180 to 240pound butchers to shippers. $6.803 7: about steady with Tuesday's packer market. pig packers going slow: bidding 5® 10c lower few packing sow? $0 40® 6.45. Sheep—Receipts. 7,000: native spring lambs 25®50c up. $153 15 85: clippers steady, early top, sl3 70; no sheep sold early; bidding lower. EAST ST. LOUIS May 28.—Cattle— Receipts. 4,000: market. biding lower: native beef steers. $7.20 3 7.60: yearlings and heifers, no sale: cows, no sale: eanners and cutters. $2.25 3 2.50; calves. $8.75® 9; gtockers and feeders, no sale. Hogs—Receipts, 14 000: market, steady: heavies. $7.203 7.45;: mediums. $7.30® 7.45 light. $690®7.40; light lights. $”v5®7.25: packing sows SO. 1 7,0 50: pigs. $5.25® 6.50: bulk, $7 t 7 40. Shep—Receipts. 2.000: market ly to strong; ewes. s4® 7: caners and cutters. $1 24: wool lambs. sl2® 14.50. PITTSBURGH. May 28.—Catle—Receipts, light; market steady choice. $9.50 311: good $9.50 ® 10.25: . $8 ©9 : veal calves. sll®ll.r>o. She-, and lambs —Receipts, light: market, a .uve: prime wethers $8.2528 30 good. $7.50® 8; fair mixed. $5.25®6.25; lambs. Sll@l7. Hogs—Receipts. 17 double deckers: market, slow prime heavy. $7.80® 7 90: medium. sß® 8.10: heavy Yorkers, SB3 8.10: light Yorkers. $7; pigs. $6.75: roughs. $6 ®6.00: stags, $3.50® 4. OTEffifflEE Two Go to Leavenworth, Third Fined SIOO, Shirley Checkers, 29, of Si.. Paul, arrested In Evansville charged with violating- the Harrison narcotic act, was sentenced by Judge A B. Anderson in Federal Court today to eighteen months in Leavenworth penitentiary. / Norton G. Finch. 74, Oxford, Ind., charged with stealing papers from a mail box, was fined SIOO and costs. William Clauson, 28, Lafayette, charged with stealing an automobile, was sentenced to eighteen months at Leavenworth. Checkers admitted he had been in jail about twelve times and that he had been a drug addict, but he denied forging prescriptions calling for morphine. 10-Year-Old Is S jicifle By United Press PARIS, May 28.—Four years ago Lucien Cordy, then a child of 6, saw his 15-year-old brother place his father's Army revolver to his temple and kill himself. The other night he felt lonesome when his mother left the house, the same revolver and did the same thing.

lJriili UN JJLaxN APO-llC) xuViHiS

BILL WILL PDI U. S. NAVY FIRST, HODSEJS TOLD Britten, in Opening Debate, Says It Will Not Violate Arms Pact, By United Press WASHINGTON, May 28.—Enactment of the proposed $150,000,000 naval construction program will put the American Navy, first in the world. Representative Britten, Illinois, Republican, told the House today in opening debate on the bill. Britten said/the United States was now at a ratio of “4” in a 5-4-3 lineup witli Great Britain and Japan. With the program adopted he said the ratio woultf become 6-4-3, with the United States leading with 5 to Great Britain’s 4 and Japan’s 3. Britton declared this could be done without violation of either the letter or the spirit of the arms limitation treaty. The program calls for eight new cruisers of 10,009 tons each and the "modernizatie.i” of six first line battleships claimed- to be too slow and poorly armored to maneuver with tho fleet. MORE STATES GO OVER TO MOO Will Control Minnesota Con-

vention, Belief, By United Press ST. PAUL. Mint!., May 28.—1 t will be William McAdoo against the field when Minnesota Democrats get in State convention here Saturday. Reports from county conventions show McAdoo will have about enough delegates to control the convention. Walsh I /catling By United Press GREAT FALLS. Mont., May 28. Senator T. J. Walsh, candidate for the Democratic national convention delegate, was running far ahead, returns from Montana's primaries showed today. Calvin Coolidge and William G. McAdoo were unopposed on their respective tickets. Texas for McAdoo By United Press WACO, Texas. May 28.—The State Democratic convention adjourned here late Tuesday, instructing the Ti-Xiis delegation for William G. McAdoo. West Virginia I'ninstrueted By United Press CHARLESTON, W. Va.. May 28. —Returns from yesterday’s primary were coming in slow today. Presldent Coolidge was unopposed. Th Democratic delegation will go to the New York convention uninstructel, although a few announced their in tentlon of supporting John W. Davis. Nevada for McAdoo By United Press RENO, Nev., May 28.—The Nevada Democratic delegation will support AVilllam G. McAdoo, although not formally pledged. Resolutions indorsing McAdoo were adopted ?ft tne Democratic State con vention here night. ESSAY CONTEST WINNER CHOSEN Civic Club Prize Will Be Awarded Saturday, Miss Ruth Garrison, 15, student of School No. 33, Twelfth and Sterling Sts., was announced today as winner of an essay contest on “The Value of a Civic Club in a Community” conducted by Edward O. Snethen, president of the Indianapolis Federation of Community Civic Clubs. Snethen Mill award her $lO as first prize 10 a. m. Saturday in his office, 416 Indiana Trust Bldg. Paul Henley, 13, of the Wallace Foster School, Illinois and TwentyFirst Sts., will receive second prize of $5. Receiving honorable mention: Leland Davis, 13, School 8; John W. Shirley, 14, School 2; Frank Wilson Oliphant, 12;” School 2; Irvan Frye, 13. School 8; Lillian Young, 12, School 70; Zelda Klave, H, School 81; Dorothy Miller, 12. School 2; Charles Boswell, 14, School 52.

Marriage Licenses John A. Mayberry. 22, 328 E Washington. nackes: Lillian Mitchell. 22, 723 E. St. Clair, waitress William E. Bragg, 27, 309 W. Fifteenth, barber; Ottie P. Martin, 23, 19 N. Oriental, telephone operator. M. Jackson Carper, 28. 2550 N. Meridian, dentist: Zelpha L. Crane, 24, 3322 W. Tenth, clerk. Walter C. Best. 28. 3829 Birchwood. salesman; Erma L. Korn, 26, 4627 Broadway. Williuam F. Lane, 40, 116 N. New Jersey, painter; Anna Layton, 39, 116 N. New Jersey. Arthur R. Curry, 35, 1016 N. Meridian, secretary public library commission: Lewis, 3,1, 826 W. Dr., Woodruff Place, library ‘assistant. - \ David Basey, Jjj’, 369 W. Washington, truck driver; Katlfern L. Lawson, 21, 1006 Cornell. a Deaths Grant A. Taylor, 60, Central Indiana Hospital, broncho pneumonia. Elizabeth Dnffey 32. St. Vincent Hospital, Intestinal obstruction. Edward Peats. 22, Deaconess Hospital, general peritonitis. John Lucid, 67. 84L Woodlawn. chronic interstitial nephritis. Infant Shockley. 1 day. Long Hospital, patent foramen ovale. Katie Konrad, 48. 857 N. Pershing, carcinoma. Estelle Simmons, 39. Methbdlst Hospital, carcinoma. Georgia A. Fowler. 74. 300 N. State, arterio sclerosis. Mary J. Peyton. 86, 343 W. Eleventh, cerebral hemorrhage. Willie Ann Bone 67. 1140 N. Missouri, chronic myocsidtt - Catherine E'rdsav, 75, city hospital, cerebral hemorrhage. Wilhelmina Minia Wiikleman, 81. N. Mount, chronic myocarditis.

This Is Proof De Pauw Men Have Good Taste

HERE ARE THREE OF THE SIX MOST BEAUTIFUL CO-EDS AT De PAUW UNIVERSITY, CHOSEN OUT OF THIRTY-FOUR ENTRANTS BY THE MEN OF THE UNIVERSITY. FROM LEFT TO RIGHT, THEY ARE: BONNIE MOFFET, GREENCASTLE, IND.: SOPHOMORE; MARY KATHRYN SOUDER, KOKOMO, IND., FRESHMAN, AND MERNA PACE, DULUTH, MINN., FRESHMAN.

B/LIIS IS DENIED - SALARY CLAIM Courts Must Rule Before Payment Is Made. Oscar *Ratts, Paoli, holding the public service commission post which is the subject of controversy, today filed a claim for SSOO salary for May. His commission expired May 1, but he refused to surrender his office to the McCray appointee, Oscar Smith, Knox, declaring the McCray appointment involid. William A. Marsh, audit clerk in the office of State auditor, said he would not make out a check to Ratts until the courts had decided who is entitled to the money. It is understood Attorney General U. S. Lesh today rendered to Robert Bracken, State auditor, an opinion holding Ratts was not entitled to the salary. Lesh previously held Smith’s appointment valid.

SPEEDWAY FANS \ BEGININVASION (Continued From Page 1) dors of the Speedway, will be held in the directors’ room of the Chamber of Commerce. Fisher arrived Monday. Henry Ford, referee of the race, is expected to arrive tonight. • * * Two cars dropped by the wayside Tuesday. Bill Hartley's special, biiilt up from a Ford, was found unsuitable to the brick track by the technical committee and was withdrawn. Dempsey special, rotary v/ilve job. cracked a water-jacket and cannot be repaired in time for tho race. The Dempsey crew have work-d hard on the car and had turned, it from a smoke throwing, lumbering wagon into a car capable of doing better than 90 miles an hour. It was a tough break of racing luck. Tom Alley’s long-expected KesLine Special was due today. It is coming on a truck from. Detroit. The motor is said to measure only 11,7 inches, by far the smallest in the race. • * * Not a Duesenberg was out Tuesday. They were undergoing a lot of work in the factory. According to the dope, the new Duesies are capable of greater engine speed than any car at the taack, and reduced gear ratios are being installed to insure faster acceleration getting out of the turns. • • • Fred Duesenberg eeems to have stolen a march on the field in installing his new superchargers. It is known that Harry Miller expects to have some working at the next big race, but Duesenberg beat him to it here. Success of the superchargers on the Fiat, Mercedes and other European cars has been remarkable. lt is said that when Jimmy Murphy raced a Miller in F.urope last year that although he had the greater speed that when it came to quick acceleration some of the European supercharger equipped cars ran away from him. •• • * The lap prize fund, v/hidh is distributed in SSO lots to winners of each of t lie 200 laps of the race, will be given out at a dinner at Rainbow Casi to ardens, Saturday at 6 p. m. Barney Oldfield will be toastmaster. Drivers and Speedway officials will be guests. • • * - - - - - - -- A lot of the ortvers have taken to bag punching since Edward F. Wintergust, who passes out the Richfield gasoline to nineteen of the care, installed one in his garage. Some of the boys show a lot of stuff. Incidentally the gaa used by the racing cars brings up a peculiar legal situation. The gasoline preferred by the drivers is of 55 test, one point lower than Indiana law permits to be sold. It seems odd that a gasoline preferred by the most particular bunch of drivers in the world should be considered not good enough for Hoosier flivverists.

The lap prize fund today reached the $5,900 mark. This is sufficient to pay SSO to the winners of 118 of the 200 laps of the” race. The committee in charge continued its efforts today to raise the balance of the SIO,OOO necessary to complete the fund. Contributions received today were: Harry Miller, designer of the famous Miller motor, $200; City Trust Company, Marion County State Bank, Hotel Washington, Fishback company, Indianapolis Light and Heat Company, Model Laundry and Dayton Engineering Laboratories, SSO each.

Ouch! By United Press WAUKEGAN, 111., May 88. —Acting Mayor Louise Yager last night posted an order in city council prohibiting all "gentlemen and reporters" from smoking.

BROTHERS FIGHT; BOIH IN HOSPITAL Sister-in-Law Said to Be Cause of Trouble, Two brothers were charged by police today with assault and battery with intent to kill, following a fight. One of the brothers) Elddie Freels, is in city hospital with a fractured skull. He said his brother, Carl Freels, 624 N. Capitol Ave.. attacked him. Carl was found at Methodist hospital suffering from cuts about the back and head which he said Eddie had Inflicted. Juanita Frees, a 9ister-in-law of both men, said by police to have been the cause of their quarrel, was held on a vagrancy charge. She was also charged with a statutory offense when police raided a house at 624 N. Capitol Ave. and held John Gilivary. ■HOUSE SALE PROBE IS SOUGHT * (Turn to Page 2) ley and Albert Hoffman, who acted in sale of the property, said they lemenioered the company was to get the switch, but not the strip of land along ihe switch now claimed, ((oilman Dtunfounded “The company was to get the switch and four feet of land on our eide, said Hoffman." I was (turn founded when A. V. Thompson, of Fairbanks Morse & Cos., ordered us to move our building over. Now they are claiming thirty feet.” John J. Griffith, county engineer, said his surveys and maps mad# at the time showed the county is ..entitled to 1.85 acres, but that all the records kept by Auditor Fesler show 1.5 acres. The council adjourned, after appropriating a total of $962,032.42. This included Supplies for county institutions. SIO,OOO fbr expenses of the McCray trial in Criminal Court, and a bond issue of $850,000 to refund a twenty-year-old unpaid debt. Counoilmen slashed $6,750 from the ordinance which had been asked for screens for the new men's building at the poor farm, and supplies. Commissioners asked $19,960 for supplies for the county insane hospital ,at Julietta, and got $1,850. Dr. Benjamin S. Potter. superintendent, protested vigorously that the horse shed roofing, new bakery and other things he asked were absolutely essential “Here they gave me SSOO for beds, which will buy ten complete,” he said. “We need fifty more beds, at least. I don’t know r what I’ll do.” Commissioners Kltley and. Hoffman said they “had a notion” to seek a mandate for the needed supplies. Mrs. Joseph B. Xealing, president of the Marion County Board of Charities and Correction, w T hich started the investigation of the new buildirg at the poor farm, congratulated ’res'dent Hogle of the council on his stand on the Julietta and poor farm buiJdiilgs. “County institutions, all except the jail aid Sunnyslde, are in a terrible conjjit.on,” she said. “Money has been poured out like water, and what do we have? Aged inmates living in that old fire trap at the poorfarm , with the new building, costing $130,000, not satisfactory: the new building at Julietta ready to cave in; the colored orphans living in a pig pen at the old home while court action holds up the new home.” Hogle said the county institutions are “horrible examples,” except the jail and Sunnyside. Even Sunnyside came in for its share of investigation. Sidewalks built by B. F. Carlos, 2044 E. Washington St., costing $594, went to pices last winter and had to be torn up, the council learned. The con- | tractor will have to make good or be ! sued on his bond, it is threatened. An ordinance that provided expenditure of approximately $900,000 on five proposed hard surface roads was withdrawn by petitioners before second reading. Smith Attorneys to Appeal By United Press PLYMOUTH, Ind., May 28.—Attorneys for Raymond B. Smith, convicted of murder of his aged grandfather, were today preparing to file an appeal with the Supreme Court. New trial was denied Tuesday.

FARM-LABOR HIT. BY LAFOLLETTE (Continued From Page 1) can work with the progressives who believe in democracy is deliberately to deceive the public. The commun ists are antagonistic to the progressive cause and their only pupose in joining such a movement is to corrupt lt. Hits Public Scandals Senator La FoJJette touched on the j recent public scandals such as Tea- | pot Dome and the Veterans’ Bureau ! and declared that the endless frauds ! in connection with taxation and pro- | hibition enforcement are but evi- ! dences of control of party machinery I by lawless and predatory interests. Reformation, he said, cannot be ; accomplished by "merely nommat- ; ing some alleged progressive and filljing the platform with misleading ; promises.” “It demands,” he asserted in con- | eluding his rather lengthy letter, | "the elimination of monopoly conj trol, the downfall of the corrupt pojiitical bosses, the adoption of truly progressive principles and the repu- ! diation of these great campaign conj tributors who have in the past i bought up both parties. "If this is not dope, a long suffering and righteously indignant people will find in the coming campaign j effective means independent of both j these old parties, to take back conjtrol of their Government and make it truly representative.”

MAHONEY UNDISMAYED Says LaFollette Will Still Be Unanimous Choice. By United Press ST. PAUL, Minn., May 28.—The national Farmer-Labor-Progressive convention, to be held here June 17, will not be called off on account of the opposition of Senator Robert M. LaFollette, William Mahoney, chief organizer, told the United Press today. “Arrangements have all been made for the gathering.” he said. “Delegates are expected from every section of the country. “Senator LaFollette is the unanimous choice, unless he directly forbids the use of his name. V “Communists •will constitute but a small fraction of delegates at the convention, and as long as these axe willing to submit to the terms of the coalition, their cooperation is welcome.” The Minnesota Farmer-Labor party cannot legally participate in the so-called National Third Party convention here June 17, Fred Pike, State chairman, indicated. “The Farmer-Labor party of Minnesota has no national affiliation and cannot be bound by the action of any other convention," he told the United Press. Pike held the party aloof from any other third party action. His action is expected to weaken the power of the convention. PLANS WHEAT SALE Fann Bureau Now Ready to Dispose of Indiana Crop. •With the first piTase of the campaign so sign up 40 per cent of the State's wheat crop for cooperative marketing complete, officals of the Indiana wheat pool today turned their attention to plans for selling the crop. Three men of outstanding importance in the grain trade are now under consideration for general manager, according to James S. Covert, secretary of the organization committee. Thert will be four departments of the selling organization under the tentative plan adopted: sales, traffic, auditing and fielde service. The pool will be prepared to handle from 3,000,000 to 15,000,000 bushels each of the next five years.

Investing on the Monthly Payment Plan Many Indiana men and women have made the start toward financial success by taking advantage of our Easy Saving Plan in buying Preferred Securities of Central Indiana Power Company. These shares, offered at $92.50 each can be purchased on payments of $5.00 down and $5.00 monthly per share; 6% interest is allowed on installments. Your money starts earning * when first payment is made. Dividends paid four times each year at the rate of $7.00 yearly per share—better than 7%% on the investment. For full particulars about this safe, profitable investment, call, write or phone— INVESTMENT DEPARTMENT Central Indiana Power Company Its Subsidiaries Are: Merchants Heat and Light Cos. Wabash Valley Electric Cos. Northern Indiana Power Cos. Valparaiso Lighting Cos. Indiajia Electric Corporation A Hoosier Institution

POLICE TO FIGHT RELEASE OF BOY DEATHSUSPECTS Formal Charges Will Be Placed Against Teachers if Necessary, By United Press CHICAGO, May 28—While police insist they still are up against a blank wall in the hunt for the kidnapers and slayers of Robert Franks, 14, they will fight the efforts to free Mott Kirk Mitchell and Walter Wilson. instructors at the private school attended by the victim. This afternoon attorneys are scheduled to appear in court with a demand for release of the two men. Chief of Police Collins said that he would fight to hold the men in custody “for questioning” until such time as he felt absolutely certain they had no connection witlrthe affair. “If indications point toward tho release of the men, we ■will book one of them in connection with the murder,” Collins said. Several dope addicts and perverts have been picked up for examination. Other suspicious characters are being picked up hourly and being released just as fast. Chief of Detective Hughes has started his investigation all over again for the third time. He is examining members of the Franks family to determine whether revenge and not ransom or perversion was not the motive.

ALLEGED SLAYER CHARGES POLICE THREATENED HIM Henry Says He Was Beaten With Hose —Forced to Sign Statement, By Times Special SHELBYVILLE. Ind., May 28. Charges that he was beaten find forced into confessing to killing of Jess Louden, Indianapolis policeman, were made today before Judge H. C. Morrison by Charles E. Henry, colored, on trial charged with fatally shooting Louden. Mrs. Lusia Harris, colored, Henry's mother, testified that her son j had been in ill h* alth and suffering from mental disorders since he returned from eleven months’ Armyservice in France. This was in a preliminary hearing to determine whether a confession | said to have been made by Henry to | Indianapolis detectives will be ad- ; mitted as evidence. The jury was j not present. Henry said he had been beaten I over the head with a rubber hose and | threatened with death unless he signed a statement. He signed something,' but did not know what it was, he said. Hearing of evidence was suddenly halted Thursday when defense objected to introduction of the alleged confession. Perry Owens, night watchman, Indianapolis, was the first State witness. He said on the night of the murder he had seen the defendant within two squares of the place where the shooting occurred. Frank Riser verified Owens' testimony. Dr. William A. Doepper, deputy coroner of Marion County, said Lou- ! den died as result of a gunshot I wound. Frank J. Seifert, Louden's companion on the night of the murder, T Identified Henry as the man who I fired the shot which killed Louden. Seifert fired several shots as Henry fled, he testified. ALLEGED SLAYER HELD Grand Jury to Prove Shooting at Smithland, Ind. By United Press , SHELBYVILLE, Ind., May 28. Still maintaining his innocense, Charles Snyder, Smithland, was a prisoner in Shelby County jail today charged with murder of his lifelong friend, John Osborne, last Sunday. Snyder was captured at his father’s home Tuesday after a twoday search by deputy sheriffs and citizens' posses. The grand jury will investigate shooting Monday. Prosecutor McLane is expected to ask .n indictment, charging murder in the first degree.

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