Indianapolis Times, Volume 36, Number 22, Indianapolis, Marion County, 4 June 1924 — Page 11

rii.iJiNJa.b±AA*, J UJNE 4, 1924

STOCK RECOVERY CONTINUES WITH MAN! NEW HIGHS 9 , Water Works Up 6 Points — General Advances Made in Industrials. Daily Stock Letter Congress will soon adjourn. Next to the tax law this is the best news in some time. We have nothing: to tear now until election is out of the way. The radicals and their bills will get a long rest. This is probably the main influence back of the short covering in yesterday's market. I don't think there was any more investment business yesterday than on any day during recent weeks. Secretary Hoover describes the business situation in a unique way. He save business in the country is moving 'Ey fits and star's and just at present it is in a fit. There is a good deal of similarity i|v the market action this year andylast. Last year the market made a temporary low on May 22. rallied about this period, but subsequently broke again. This year the market made a low on May 20. Question — will it repeal last year s performance and break again: At the moment it looks to me like there ought to be some more short covering.—BHE. By United Pres* NEW YORK, June 4.—The defeat of the La Follette filibuster in the Senate to block adjournment of Congress on Saturday caused a buoyant opening in the general market Wednesday." Baldwin reached new high ground on the move at 112 at the head of further progress at the ecovery gmong leading industrial tocks. In the rail group general advances were also scored. But the outstanding feature of the whole list was the sensational performance of American ''’Water Works, which opened at 65 and soared immediately to 71. This price compared with the low of 57 in the previous session. Earnings of American Water Works have shown remarkable improvement so far this year. In the first quarter alone the com-'*" pany covered the full year’s dividend requirements on the 7 per cent preferred stock. Rails Advance Industrials made no further progress on the current, upswing in the late morning. The advance was taken up by the rail group and a number of trading favorites* scored good-sized gains. Nickel Plate reached anew high for the year at 63%, while C. & O. kept abreast of it, selling at 75%, the - equivalent* of Nickel Plate’s high, considering a $2 remi-annual dividend was deducted from C. & O. this week. Opening prices : U. S. Steel 96%; American Can 104%. up % : Baldwin 112. up 1 1 : Internationa! Paper. 46 %. up %; Industrial Alcohol (SO %. up %; Union Pacific 130 %. off %: Bethlehem Steel 49, up 44: American T. and T. 120%. up *■: Crucible 52%. off % Southern Railway 55%. up 4a; North American 26 7 : N A W. 123%. up ... : New Tork Centra! 102%. up %: C & O. 78%. up %; Studebaker 34 %. up %. (HARDWARE TRADE LOOKS FOR INCREASE IN JUNE

Past Week Registers Ljttle Change; Prices Slightly Firmer. The past week has witnessed but little change in she various hardware centers of the country. The weather still remains cold and damp and this continues the sale of spring merchandise. Sales of staple merchandise have been uniformly good. Paints, builders' hardware and auto accessories selling well in practically all sections of dbe country and reports'from some manufacturing cities state that mill supplies have also been in considerable demapd. Prices in general have developed a firmer tendency and very few changes of any kind have been noted, Hi such changes as have beep made ltNvould seem that there were more reductions than advances. The trade is not expecting any marked change in conditions for some time to come with respect to the price situation. Si’ch predictions as have been made regarding the future are of an optimistic nature. The hardware trade expects do see June register sales considerably in advance of May.—Hardware Age. Marriage Licenses William A Marks, 20, 3175 N. Sherman ■> , clerk; Ethel SI. Jacob. 21, 2126 Station. Joseph R. Jones, 24, 755 H Massachusetts. marble setter; Mary M. Frederick. 17, 1405 E. Market. Wilbur D. Grose. 23, Newton Highlands. Mass.: Jeanette Benedict, 25, 3301 Washington Blvd. Paul H Spangler. 22. Camp Knox. Ky., soldier: Matilda Smith, 20, 725 N. Jlinols. Joseph La Fata. 27, Bloomington, 111., department store: Mafpß. Green, 22, 2214 Central,‘dictaphone operator. Edwasd F. Woods, 25. lfiOl W. Market, camera man: Ruby M. Wethington, 19, 1548 W. Washington. Elisha H. Chatman, 21. 534 Leon, ice man; Doloris Foutch, 20, 527 Leon, laundries. John J.ytle, 25. 310 W. North, laborer; Sadie Castleman, 29. 310 W. North, laundry. Raymond E. Dirks, 21. 2221 Eastern: Velma Richards, 20. 2189 Eastern. Robert Brown, 23. 1106 W. ThirtyThird. laboratory; Grace Linville. 19, 1020 N. King. Oscar L. Brown. 23. 1824 Central, printer: Inez H. Bailey. 20. 1723 W. Morris, typist. Gordon R. Stewart, 25. 30 N. Hawthorne salesman: Femetta L. Mullen, 24, 3334 Park. James W. Rose. 18. 2007 Miller, grocery clerk: Grace Carr, 18, 929 N. East, typist. Ralph E. Silver. 32. Lamoni, lowa, tire ■ repair business: Femande L. Dubief, 19, TJOI N New Jersey. Andrew Davis. 57. 2522 Cornell, engiueer; Nancy E Calvin, 46. 2751 Cornell. James M. Davis. 24. 1435>4 Commerce, dentist; Margery P. Krutz, 23. 1728 Park, teacher. Otto W. Coleman. 31, Five Points, farmer: Julia E. Ortel. 28. Raymond W. Trestor, 24, 1166 W. Twnty-Seventh, cement finisher: Laura A. Blankenbaker, 23, 1066 Roache, stenographer. I Paul Blankenship. 22. Marion County, farmer; Adie Coffman, 38, 2021 S. East, factory worker. James B McGinley. 22. 1621 Union, shipping clerk: Mabel F. Stofer, 17, 1621 s Union, typist. k McKinley E. Reed. 24. R. R. F.. miniater pand teacher; Jessie I. Roberts, 25, University Heights, teacher. Tank Wagon Prices (GasoHn& prices do not include State tax of 2c a gallon.) GASOLINE—Energee. 22e a gaUon: PuroLJß.2c; Red Crown. 18.2 c; 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. 35c. NAPT§A —Lion Power Cleaners, 22.6 c a gallon: V. M. & P.. 22.5 c: Standolind Cleaners. 23.5 c.

New York Stocks

—May 4 (By Thomson & McKinnon) Railroads— Prev. High. Low. 1 :30. dose. Atchison ..102 4-' 102% 103% 102% B & O ... 55 44 54 44 55 % 54 44 C & O 79 % 78 % 79 % 77 % C & Nff Ry 53 44 53% 53 44 63 C R I & P 26% 25% 26% Erie 26 % 25 44 26 44 25 44 Gt North pf 58% 58% 68 44 58% Lehigh Val 44% 44 % 44% 4314 Mo pfd 43% 42% 43% 40% NY Cent.. 103 102% 102% 102 North Pac. 53 44 52% 53 44 63 Nor & W.. 124 123% 124 123 44 Pj-e Marq 60% 49% 50 60 Pennsy .... 43% ... 43% 4344 South Ry. 57 44 55% 57% 64% South Pac. 89 % 89 89 % 88 % St Paul pf 22 44 22 22 44 22 44 St L & SW 38 37 38 36% Union Pac. 131 130 44 131 130 44 Wab pfd. . 45% 45 45% Rubbers— Kelly-Spring 14 44 13% 14% 14% U S Rubber 26 ... 25% 26% Equipments— Am |Loco. . 73 ... 73 72% Ba!d| Loco. 112% 111% 112% 111% Gen Elec . .222 44 220% 22144 222 44 Pullman .123% 122 44 122 44 122% Westh Elec 57 ... 56 % 56 % Steels— e* Bethlehem . 49 ... 48 % 48 44 Colo. Fuel. 41% 40% 40% 41 Crucible . . 52 % ... 62 % 52 % Gulf States. R 7% 67 67 66% P„ RCI.. 46% ... , 46% 46% U S Steel . 97% 96% 96% 96% Motors— Chan Mot .48% ... 47 4* 47% Gen Mot . 13% 13% 13% 13% Max M A. . 44 % 44 4* 44 % 44 4a Max Mot B. 11% ... 1144 10% Whdebaker 34 % 33 % 34 % 34 Stew War.. 63% 62% 63 62% Minings— In Nickel.. 13% 13 13 44 13 Copptrs— Am Smlt .. 62% 62.% 62% 62% Anaconda .. 80% 3Q[% 30% 30 Kennecott .. 38 % •. A 38 % 38 4* Oils— Cal Petrol . 22 4* ... 22% 22% Cosden ... 29 2R 28 V 28% Houstorr-Qil 66 64 % 65 64% Marland OH. 32 .. . 31 31 % P-A Pete.. 52% ... 61% 62% P-APB... 61 -n . . 60% 50% Pacific Oil. 48 % „.. 48 48 4s P and R. . . 26% ... 20 27 Pure Oil . . 22 ... 21 % 22 St O. Cal.. 67% ... 67 44 57% St. O. N J 34% 34% 35 Sinclair . . 19% 18% 19 19% Texas Cos. . 40 ... 3939 44 Industrials— A1 Chem . . 73 72% 72% 72 Yel Mfg ..48% ... 47% 47% Tr Con Ore. 4% 3% 4 4 Am Can.. 105% 104% 105% 104 44 Coca Cola. . 67 % .. . 06Jk 67 % Congoleum. 40 % 40 % 40% 40% Cont Can. . 48 % 48 % 48 % 48 44 Davison Ch 48% ... 47% 48 Fam Play.. 77% .... 76% 76% Gen Asphalt 37 36% 36% 36 44 Inter Paper 46 % 45 % 45 44 45 % Mont A W. 23% ... 23% 23% Sears-Roe.. 83% 83 44 83% 83% CSCIP,. 90% 88% 89% 80% U S.ln Al.. 66% ... 65% 65% , l tiKteis— Am TA T 126% 126% 126% 126% Con Gas... 65% 64% 64% 64% Columbia G. 37% 37 37% 36 44 Shipping— In M M pfd 34 33% 33% 33% Foods— Am -Sugar.. 43 42 44 42% 42% Com Prod. 38% ... 36 ► 30 C 0 Sg pfd 58% 57% 57% 57% C-A Sugar. 30% 30 30% 30% Punta Ale. 61 % 5144 51 % 51 % Tobaccos — Am Sumatra 12 10 44 10% ... Tob P (B) 59 44 58 4, 59% 59

WHEAT LEADS IN ADVANCED PRICES Demand for Cash Oats Helps to Higher Close. By United Press CHICAGO, June 4. —After grains started steady jon the Board of Trade Wednesday, with mixed sentiment over the defeat of the Mc-Nary-Haugen agricultural relief bill, a sharp turn was made at the close and all classes finished higher. Wheat and oats led the uphill trend. Failure of the so-called inimical legisLt'on encouraged wheat investment buyers to reinstate their lines. A fair afnount of export business was reported. Strong demand for cash oats in the South and rapidly dwindling supplies helped oats to a higher close. Corn gathered strength from wheat and a good cash business resulted. Unfavorable crop news at the start came In from all districts, but traders,awaited the developments in the wheat market. Provisions steadied with cables at the opening, but dipped at the close. Chicago Grain Tabie —June 4 WHEAT— Prev. Open. High. Low. Clofle. close. July 103% 1.05% 1.03% 1.0544 1.03% Sept 1.05% 1.07% 1.05 44 1.07 1.05% Dec. 1.07% 1.09% 1.0744 1.09%/ 1.07% CORN— July .76 44 .77 44 .76% .77% .76% Sept. .76% .77% .76 .77% .76% Dec. .69% .69% .69 .69% .69 OATS— July .43% .45% .43% .45% .43% Sept. .39% .40% .39% .40 .39% Dec. 40 44 4144 .40% .40% .40% LARD— July 10.50 10.50 10 40 10 40 10.55 R.’BS— Juy.. .Nominal 9.95 9.96 RyE— July .66% .68 .66% .67% .66 44 Sept. .66% .69% .68% .69% .67% CHICAGO, June 4.—Carlot receipts were: Wheat. 18; com. 139; oats, 28. CHICAGO. June 4.—Wheat—No. 2 hard. 51.04% ft 1.10 44, Com—No. 2 yellow. 78% ® 7844 c: No. 3, 77®77%c: No. 4. 75 44 r a 76 %c: Ko. 5. 74 %o: No. 6. 73% ®74%c: No. 2 medium. 77%®78e: No. 3. 75 %c: No. 4. 74 % (and 75c; No. 5. 73% tn 73 %e: No. 2 white. 78%e: No. 3. 7744 077 %c: No. 5. 76 44 c; No. 6. 74%c. Oats—No. 4 white. 4~-%c. Barley—7l lit 81c. Rye—No. 2. 68c. Timothy—ss@ 7.25. Clover—slo 18.50. TOLEDO June 4.—Wheat—sl.o9% ® 1.10%. Corn—Bl %<BB2 %c. Rye—7oc. Oats—s 2 % ®53 %o. Barley—7Bc. Clovereeed—sll.ls: October. $12.15; December, $11.90. Timothy—s3.3s; September, $3.75. Alsike—s9.Bo; August. $10.30. Hay—s3o. ST. LOUIS, June 4.—Wheat—No. 2 red. sl.oß® 1.08 % : No. 3. $1.0601.07; No. 1 hard. $1.0444; No. 2. $1.04® 1.04% : No. 4, $1.03: No. 5. $1.02%; July, $1.04%: September, SI,OO 4*: December. $107%. Corn —No. 2 white, 82 44 c; No. 3. 80 44 c; No. 4. 80c; July. 77 %c; September, 77%fc. Oats—No. 2 white, 50c: No. 3. 48%@49c; No. 4, 48%c: July. 46 %c. Produce Markets INDIANAPOLIS. June 4.—Fresh eggs, loss off. 23c: packing stock butter. 22c; fowls, 4 44'lbs. up. 22c: fowls, under 4% lbs., 18c; cocks. ILc: springers. 1924. 2Ib. size 35e: young tom turkeys. 12 lbs. up: young hen turkeys. 8 lbs. up. 23c; old tom turkeys, 18c; ducks. 4 lbs. up 15c; geese, ,lo lbs. up, 11c; squabs, 11 lbs. to dozen! $4.50. NEW YORK. June 4.—Flour—Quiet and eagier. Pork-—Quiet; mess, $27. Lard— Firm: midwest spot, $10.95® 11.05. Sugar —law. weak; centrifugal. 90 test, 5.12 c; refined, easy; granulated. [email protected]. Cqffee—Rio spot. 14%@1# , *4c; Santos No. 4. 18%® 19c. Tallow—Steady; special to extra. 6%@7c. Hay—Dull: No:' 1, sl6; No. 3. $13.50 @l4. Dressed poultry— Steady: turkeys. 20@38c: chickens. 28® 48c; fow's. 17® 32c: ducks. 23c: capons. 35® 54c. Live poultry—Firm; geese, 10 ® 14c: ducks, 13® 26c: ftrivls. 28 @ 29c; turkeys, 20@30c: roosters. 14o: broilers. 30@45e. Cheese—Firm: state whole milk, common to specials. 16%025%c; state skims, choice to specials. 11 @1644c: lower grades. 4@fioc. Butter—Firm: receipts, 16.508: creamery extras, 39%@40e; special market. 40%® 41c: panish. 40® 41c: Argentine. 34@37c. Eggs —Firm; receipts. 43,258; fancy. 33@30c: nearby state whites, 25® 32c: fresh firsts, 24 @ 28c; Pacific coasts. 25 @ 36c; western whites. 25 ® 32c: nearby browns. 80 ® 336.

HOC PRICES SHOW NICKELJNCREASE Extreme Top, $7.65 —Bulk of Sales at $7.45. Hog Prices Day by Day May 250-300 lbs 200-275 lbs. 150-180 lbs. 28. 7.55 7.50 7.50 29. 7.70 7.60 7.60 31 7.75 7.65 6.65 2. 7.76 7.70 7.70 3. 7.6f 7.50 7.40 4. 7.65 7.55 7.45 Under active demand hog^*prices at the local livestock yards Wednesday were 5 centy higher on all classes. Receipis were about equally divided arrtong outside -accounts ahd local packers. An exceptionally heavy run faced the start of the market. With 12,000 fresh and 1:317 held over from Tuesday, the rise in prices came unexpectedly. Traders predicted that there "Would be several hundred head left over. The extreme top' paid reached $7.65 for choice 200-pounders; but the general ritn of heavyweights were quoted at [email protected]. The bulk of sales were made at [email protected]. Medium mixed lot£ were held at s7.|n to Light lights were quoted at $V to $7.35, while lights were going at $7.35 to $7.45. Sows of the smooth packing variety held fairly steady at $6.85 to $7. Rqnghs held steady at $6.60 to .$6.75. Although pig prices started steady with Tuesday at $7 down, traders were of the opinion that there would be a plight increase at the close. Receipts of the last three days show a decided increase over the receipts this time last year. Cattle trading got away to "the usual slow fetart with prices on good stuff apparently steady with Tuesday. Good to choice steers started at $S t* $11.25. Cows arirr heifers held $6 to $9.50. Practically the entire receipts of $1,200 were 3teers with only a sprinkling of butcher stuff. This caused traders to predict a prics raise in these classes. The calf market held steady to Tuesday’s opening of $9.50 for choice veals.* The bulk of sales were made at $9. Light stuff held nominally steady. Receipts, I.OOu. Trading in the sheep and lamb department was active with 300 in the pens. Lambs held steady at sl6 for best qualiiy stuff. Sheep declined to $5 for good to choice ewes Cull lambs were lower. Buyers pulled the sheep prices down when approximately two-thirds of the receipts were old ewes.

—-Hogs Choeie lights ... $ 7 35® 745 Light mixed .7.33 4* 7.45 Medium mixed 7 45® 7.55 Heavy weights 7.55 @ 765 Bulk of gale* 7.85® 7.45 Top 7.65 I‘aeking iowi . 6.60® 700 Pigs 6 00 4$ 7.00 —Cattle— Prime corn-fed steers. 1.000 to 1,800 $ 9 00® 11.25 Good to choice stews. 1.000 to 1,500 lbs . 8.50® 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® 750 Common to medium steers, 800 to 1.000 lbs Coo® 6.75 —Cows and Heifers— Good light heifers $ 6 00® 9 50 Good heavyweights 7 00® 8 <*o Medium heif-rs fl 00'll 6 25 Common heifers HJH)@ 600 Fair cows B.oo® 7.00 Cutter* 2 75® 3.25 Canners 2.75® 3.75 —Calves— Choice veals . . .jt. $ 900 Good veals 7.50@ 3.25 Lightweight veals ...A... 6.00® 7.00 Common heavies 6.004* 6.00 Top . 9.50 —Sheet’ find Lambs— Extra choice lambs $13.0001600 Heavy lambs 9 50® 12.26 Cull lambs 600 ® 9.00 Good to choice ewes 3 50® 5.00 Spring lambs [email protected] Other Livestock CLEVELAND, June 4.—Hogs Receipts. 4.450; market steady: Yorkers. $7.75; mixed. $7 76 midiums. $7 75; pigs. $3.50; roughs. 56 25; stags. $4 50. Cattle—Receipts. 400: market steady; quotations unchanged. Sheep and lambs—Receipts. 800; market steady: top. $14.50. Calves— Ri<-eipts. 300; market 50c higher; top. sll./ 4 CINCINNATI. June 4. —Cattle—R : ceipte. 300; market slow: shipping steers, good to choice, $8 50® 10 50 Calves— Market, steady; good to choice. $8.50®9. Hogs—Receipts, 5.200; market. 10® 25c letter: good to choice packers and butchers. $7 65. Sheep—Receipts. 1.250’ market lower: good to choice. $3.50'5?6. T.ambe—Market, steady: rood to choke, $1 7 if) 15[.50. CHICAGO. Juna 4.—Cattle —Receipts. 12.000: market for beef steers, yearlings and most grads fat she stock fully steady ai recent decline: trade more active: shipping demand broader: early top matured steers. sll £5: bulk. $8010.35: dressy cows slow: Dulls steady; vealers 50c higher than Mondays average: bulk choice kinds. $9 to packers. Sheep—Receipts. 16.000; market slow: few best lambs steady: others 25@50c • lower: medium kinds very slow; midding mostb' 50c or more off: practically no early sales sheep; prospects weak- 25c off: choice Idaho springers. $17.25: bulk clipped lamho, sl4 35: early bulk native springers $lO @16.25: few to city butchers. $16.50. Hogs—Receipts, 25.000: market mostly steady, 5c off; lights 5® 10c off; top, $7.50; bulk. $69007.45; heavyweight. $7.20 07.50; medium weighty $7.10® 7 45; lightwefghts. $0.05 light lights. $5 75@7: packing sows, smooth. $6 5006 65: packing sows, rough. $6.35 @6.50; slaughter pigs. $5 @6.25. KANSAS CITY, Mo., June 4 —Cattle — Receipts. 9.000: calves, 1,500; best, steers opening fully steady: early bulk, sß® 9.50: receipts included 19 cars on through billing: better grade she stock steady: cleaner kinds slow: beef coVa. >0 0 0.50; bullp and calves, steady; beef bulls. $5.40; practical top veals. $8 50’ Stockers and feeders, scarce, around steady. Hogs—Receipts. 12.000: shippers buying a few good to choice 180 to 200-pound averages, $0 8007: look around 10c lower: packers doing nothing; few packing sows. s*2s. look 150 25c lower. Sheep—Receipts. 7.000: native spring lambs, 25 0 50c lower: early top, sls; others. $14.50® 14.75: sheep steady, 113-pound Texas wethers. s<£.so. ST. LOUIS. June 4. —Cattle—Receipts. 3.000: market, steers sold, none native beef steers, no sale; yearlings and heifers, no sale: cows. [email protected]; canners and cutters. $2.25 @3.50: calves. $8 50: stockers and feeders, no sale. Hogs—Receipts. 19 - 000; nuk-ket, steady to 5c lower: heavies, $7.20® 7,40; mediums. $7.700 7.40: light. $7.75 07.30- light lights. $6 0)7.20: packing sows. $0100640: pigs, 96.230)6.60; bulk. $7 150 7.35. Sheep—Receipts, 2.500: market, weak-: ewes $3.50® 6: runners and enters, $1 @ 3.50; wool lambs, $12.75013.75. EAST BUFFALO, June 4.—Cattle—Receipts. 150; market dull artd'steady: shipping steers, $8.50 010.25; butcher grades, sß®9: cows, $2.25 @7. Calves Receipts, 500: market slow. 25c lower; cull to choice, $3 @10.25. Sheep apd lambs— Receipts, 1.000; market active; lambs 75c higher; sheep steady; choice lamtjs, sls® •15.25; cull to fair. [email protected]: yearl’ngs, $7 012; sheep, $3 @8.50. Hogs Receipts, 4.8007- market slow, step.dr. 150 lower; Yorkers, $6.75 @7.90: pigs, $6.75; mixed, $7 75 0 7.90: heavy. $7.75 roughs, [email protected]; stags, [email protected]. PITTSBURGH, June 4.—Cattle—Receipts. . light; market, steady; choice, $10.40® 10.60; good. $8.50010.25: fair. $9.75 @8.75: vel calves. $10.50 @ll. Sheep and lambs—Receipts, light; market, steadyFprime wethers. $7.750 8; good. $7 @7"0; fair mixed. ss@6; lambs, slo@ 16.50. Hogs— steady: prime heavy. $7.80: medium. $8.0508.10; heavy Yorkers, $7 @7.25: light Yorkers. s7@ 7.25: pigs, [email protected]; roughs, [email protected]; stags, s3® 4. Local Bank Clearings I Indianapolis bank clearings Wednesday were $3. '-57,000. Bank debits amounted to $6,493,000.

THE ii\ jl)1AIs APOLIS TiMES

SLAYERS DID NOT SIGN CONFESSION (Continued From Page 1) cause he was from another city Loeb was allowed to visit his brother despite the fact it was not a visiting day. "While waiting in an ante-room, Loeb glanopd casually through a book which he found on a table. It contained a long of names, each followed by a certain date. to know the meaning of the list, Loeb glanced at the heading. “Public executions in the State of Illinois,” appeared in bold type at the top of the page. Eighty-five names were listed dating from 1840. “A ghastly thing to have around here,” Loeb said, and quickly closed the’book. Loeb refused to make any statement concerning the case. Hints that Leopold and Loeb would attempt auicide today caused Sheriff Peter M. Hoffman to throw double guards around them. Every article brought into the cells where the boys are held is being examined to prevent delivery of weapons or poison of any kind. Two guards are stationed before each ceil. Both Loeb and Leopoldexpressed a desire to commit suicide rather than die on the gallows should they be convicted of murder. Leopold Prefers Suicide “I shudder at the thought of bejng executed,” Leopold said, his proud air returning after one day behind prison bars. “I would greatly prefer to end my own life if I must lose it.” To Leopold, boastful of killing Franks and evading the law until his comrade confessed and implicated Tilm, suicide,would be more welcome than hanging. The tua* prisoners, both 19, who adfnitted they Jailed young Franks, “just for the fun of jt,“ were slowly adjusting themselves to prisdn routine. Leopold found moqe difficulty in mingling with the other prisoners than did Toeb. “That guy thinks he’s too good for us guys—he’d better lay off that Ritzle stuff,” one of the prisoners, a bandit, sajd concerning Leopold. Loeb, always showing himself the softer of the two. found more favor in the eyes of his jail mates. He amused himself during a recreation period by teaching a negro boy prisoner the alphabet. Both boys had their meals sent in from their millionaire homes. Ijeopold, occupying 604 together .with Thomas Doherty, a robber, ate ills meal in silence. He did not speak to his cell mate and a on the opposite side of the ceil. Loeb graciously invited h a cell mate. Edward Donker, also a robber, to s.hare his meal. The two sat side by side on \he edge of a cot and ate heartily. They conversed freely and easily. Franks Testified Jacob Franks, father of the slain youth, was one of tiuf most important witnesses called at the first session of the grand jury. He told of the best time he saw his son alive and of receiving the ran a letter, demanding payment of $*”,000. Franks expressed hope that Leopold and Loeb would be hanged. He said he would be glad to spring the trap himself. "I realize, of course, that the death of these two cannot bring my son back to life,” he said, “but my duty now is to other parents with sons. Society is not safe as long as they are alive. Even if they are adjudged insane, I think they should be hanged just the same.”

Indianapolis Stocks —June 4 Bid Ask. American Central Life...T.200 ... Amer Creoaotinx Cos pfd .... 97 % ... Advance Rumely Cos com... 6 8 Advance Rumely Cos pid. . . 29 31 Belt U R com 75 ... i Belt R R pfd 53 Century Bldg Cos pfd. 98 ... I Citiea Service tie ‘’oni .. ... | Chit's Service Cos pfd ... Citizens Gas Cos com 38 30 ■•Citizens Gas Cos pfd 102 ... Indiana Hotel com 100 ... Indiana Hotel pfd 100 ... Indiana Pipe Line pfd ... Indiana Title Guaranty Cos. 90 100 Indple Abattoir pfd 6dl Indianapolis Gas . 51 56 Indpls & Northwestern pfd. 33 42 Indpla & Southeastern pfd. . . 45 tlndpis Street Ry 60 65 Indplp Tel Cos com 1 ... Indpfa Bell Cos pfd 90 Mer Pub Util Cos pfd...... 82 /... National Motor Car Cos ... Public Savinas Ins Cos 12 ... Haufrii Fertilizer pfd 47 50 Standard Oil of Ind 66% 58 Sterling- Fire Ins 10 11 T H I & E com .. lO 4" T H I & E pfd 20 T H Tr and Lt Cos pfd .... 90 94 Union Trao of Ind Ist pfd.- .. 20 uTJnion Trac of Ind Ist pd.. .. 20 Union Trac of Ind 2d pd... „ . 5 Van Camp Prod Ist pfd!.. ... 100 Van Camp Prod 2d pfd ...... 98 Vandalia Coal Cos com 4 Vandalia Coal Cos pfd 0 10 Wabash Ry Cos com 14% 16 Wabash Ry Cos pfd 44% 45 Bonds Belt RR4SY 4s. May. 1930. 81% ~. . Broad Ripple ss. July. 1923 62 67 Cent Ind Gas os. Sept.. 1931 . . ... Cent Ind P Cos os. July, '47 . . .... Citizens Gas ss, July. 1942 88 % 90 Citizens Gas 7s, serial .... 101 . Citizens St Ry ss, May, ’33 83% 85 Ind Coke A G 6s. April, '46 00% 94 Ind Hotel ss. July. 1931.. 95 ... Ind Hotel Cos 2d tis. draw . . 100 .. Ind North ss. Oct., 1023. . . . ~. . Ind Ry and L ss, Jan., '43 90 „ .. Ind Serv Corp ss, Jan.. 1950 .. ' ... Ind Union Trac 6s, July. ’23 . . ... Indpls Ab C4*-?%s, Sep. '31.100% 104 Indpls Col & 9 (is Feb.. 48 90 100 Indpls Gas os. Oct.. 1952. . 88 90 Indpls L £* H os, April, '4O 96 97 % Indpls & Mart ss. Jan., ’32 . . 55 Indpls Nor 6s. July. 1932.. 42 45 Indpls A Nor ss. Mar., 1923 40 44 Indpls A S E ss, Jan., 1025 23 ... Indpls 9 A 8 E as. Jan., ’33 30 ... Indpls St-Ry 4s, Jan., 1923 62% 64 Indpls T A T os. Jan.. 1923 88 90 Indpls Un Ry ss, Jan., ’OS 94% Indpls Un Ry 4%5, May, '26 95% Indpls Wa 5%5, March, '53 90% 98% Indpls Water 4%s 90 ... Ind Pub Ser os. April. 1043 88%' 91% T H I A E os. Aug., '45. . 57 02 TH T and Lt ss. May, 44 83 Un Trac of Ind 6s. July, '32 53% 67 Bank Stocks Aetna Trust and Savings C 0.103 Bankers Trust Cos 110 ... City Trust Cos 100 Continemtal Nat. Eank ". 110 Farmers Trust Cos 200 ..... Fidelity Trust Cos sJS2 Fletcher Am Nat 8ank....137 143 Fletcher Sav and Tr C0....200 220 Indiana Nat Bank 257 267 Indiana Trust Cos 212 225 Live St%3k Ex Bank 190 Mar Cos State Bank 150 ... Merchants Nat Bank 800 ... Peoples St-ce Bank 200 ... Security n -ust Cos 170 State Sav and Tr Cos ..... 100 120 Union Trust Cos 318 360 Wash Bank and Tr Cos ...150 ... Liberty Bonds Liberty first 3%s 99.90 100.10 Liberty first 4%s WT0.70 100.90 Liberty second 4% s 100.60 100.70 Liberty third 4%s 101.00 101 30 Liberty fourth 4%s 101.00 101. 0 U. S. Treasury 4%s 102.48 102.14 •Ex-div. Sale* $3,000 Indpla Nor 5s at 44.

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Remarkable exclusive picture showing Aluj. Frederick Murtii) and Sergt. Alva Harvey, arouna-tne-world fliers, as they appeared alter they had fought their way

HARMONY RULES STATE DMOCRATS (Continued From Page 1) the Lincoln Tuesday nlgbi. It Is said the Klan slate and plane for activity in the convention was dis cussed. There was an unmistakable trend of opinion toward I>r. Carlcton B McCulloch, Indianapolis, plurality candidate in the primary, as conver aation buzzed among the crowds Supporters of oihet candidates, however, principally Senator Joseph Cravens, Madison, and Olin R. Holt. Kokomo, declared that McCulloch auw>rt was overestimated and that their candidates would surprise the convention by their strength. A delegation of colored citizens called upon these considering platform planks to urge a paragraph denquneing the Ku-Klux Kian. The ReV. Sumner Williams led the delegation. .McCulloch Ref ore Trustees Dr. McCulloch was called before the township trustees this morping. and explained his stand on the county unit bill. The trustees who have a bloc of 116 delegates are op., posed to any candidate who is not in favor of repeal of the bill. / At a meeting of the platform subcommittee Tuesday night a Klan plank was drawn up fqr presentationto the resolutions committee. The plank will be anti-Klan, it is said, but will not mention the Klan oft ganization by name. The plank points to the fact that the Republican State convention sought to in Ject the religious issue to detract from the record of the Republican administration. It is said the plank adopted represents some features of all Klan proposed to the comrtrdttee. A cooperative marketing law, re peal of the Goodrich tax law and re-establishment of home rule, abolishment of useless boards and com miions are covered by the plat form. While no mention is made as yet of the State primary law, it Is wild this wiU, comp before the com mittee.

Urimary Proposals Presented Several proposals have been placed before the committee on the primary issue, some calling for repeal ant! others for modification of the law. Senator Samuel M. Ralston, holding to his oft-reiterated statement that ho is not a candidate for the presidency, has requested that* Indiana delegates go to the national convention at New York uninstructed. The Senator also asked friendp to withhold a prepared resolution indorsing him for presidency from floor of the State convention. Thomas Taggart Tuesday, however, issued a statement which virtually maltes Ralston Indiana’s candidate. The convention, which promises to be one of the hottest in years, officigjjy will get under way tonight at 7:30 with district meetings at the Statehouse, The rules, credentials and resolutions committees will meet at 9 p. m. at the Claypool in Rooms 201, 203 and 260, respectively. Candidates announced to go before the conventjon tomorrow fc^lowing; For Governor—Oarleton B. McCulloch, Indianapolis; George R. Durgan, Lafayette; Joseph M. Cravens. Madison; Olin R. Holt, Kokomo; Dale J. Crittenberger, Anderson; Dr. frank Priest, Marion. Lieutenant Governor—Lew O’Bannon, Corydon; Adam E. Wise, Plymouth; Fred L. Feick, Garrett; Alason Niblack, Vincennes; James L. Strange, ATarion. Secretary of State—Arthur J. Hamrick, Greencastle; Frank Mayr, Jr., South Bend; Harry Gardner, Logansport; Perry Rule, Brinphurst. Treasurer of State —Harry L. Arnold, Gary; Perry Easton, Sandborn. Auditor of State —Robert Bracken, Frankfort (unopposed). Attorney General—Harvey Harmon, Princeton (unopposed). Superintendent of Pubjic Instruction—Samuel L. Scott, Jeffersonville; Daniel Mclntosh, Worthington; Warren Yount, Franklin; Pleasant Hightower, Indianapolis; Elmer Posey, Evansville. Reporter of Supreme and Appellate Courts —Charles O. Brown, Logansport; James R. Nyce, Auburn; J. C. Etzold, HuntingtonJudge Supreme Court, Southern District—Joseph E. Nenley, Bloom-

through mountain passes after trailing a mirage and smashing into a mountain side. Note the beard on Martin and the disheveled appearance.

ington; George K. Denton, Evansville. Judge Supreme Court, Northern District—Johp T. Aiken, F\ Wayne; Wilson D. Lett, Marion. Judge Appellate Court, First District —John C. McNutt, Martinsville; William E. Deupree, Franklin. Judge Appelate Court, Second District—Edwin F. McCabe, Williamsport; William A. McClellan, Muncie; V r alentine E. Livengood, Covington. Holt announced his delegates woufkl not be bound by the unit rule of balloting, each man voting for his choice for Governor.

HENRY DEFENSE CONCLUDES CASE Rebuttal Apgument.Begun — Prosecution Scores, By Times Special SHELBI'VILLE. Ind.. June 4. Attorneys for Charles Henry, colored, on trial for the murder of Jesse Louden, Indianapolis police man, concluded the submission of thetT evidence this morning. Rebuttal argument was started this afternoon With little prospect of the jury getting the case before Thursday afternoon. The prosecution scored today when Judge H. C. Morrison admitted to evidence the signed statement made by Pauline "Primm, colored, before the Marion County grand jury last February. In this statement. Miss Primm spoke of having been with Henry on several occasions. Miss Primm, on the stand Tuesday, denied that she had been with Henry at any time and charged that statement introduced by the State was not as she had given it. The girl was on the stand again this morning for cross-examination and stood by Irbr denial that she ever had been with thg defendant* LIABILITIES DECREASE; FAILURES INCREASE Dun’s Report for May Shows 11 Per Cent Lower Than 1923. Despite a further contraction of business activity, the number of failures in the United States during May rose only a little more than 6 per cent, while liabilities decreased about 25 per'Cent. Numbering 1,816 last month’s commerckil defaults Are 109 in excess of April total of 1,707, of indebtedness, reported to R. G. Dun & Cos., Hi smaller by fully $12,300,000 than the $48,904,452 of the earlier month. Moreover, there is a reduction of almost 11 per cent from $41,022,277 of May, ISHI3, though a numerical in crease of 18.7 per cent, is shown in comparison with 1,650 failures of that period. The May liabilities are also well under those of the same month of both 1922 and 1921,, and the number ot defaults Is much below the total of 1,960 of May, 1922, the high point for the month. The monthly and quarterly report of business failures is contrasted in the table for this and last year, with the liabilities for 1924 and the total for each quarter: / Number Liabilities 1924 1923 1924 January 2.108 2.126 $ 61.272.508 February.... 1.730 1.508, 35,943.037 March 1,817 1,083 97,051,026 6,055 5,310 $184,865,571 Fourth Quarter April 1,707 1,520 $ 48.904,458 May 1.816 1.530 36.590.905 1923 1923 1923 October 1.673 1.708 $ 79.301,741' November .. 1.704 1,737 60,291!708 December ~ 1.84 J, 1.814 51,014.730 6.218 j. 359 $181,208,179 Third Quarter July -4 1.231 1,753 $ 35.721.188 Augrust ...71 1.319 1,714 $ 34,334.722 September . „ 1,228 1.586 28,098.049 3,776 5.033 $ 98,754,559 Second Quarter April 1,520 2,167 $ 61.491.941 May 1,530 1.960 41,022,277 June ....... 1,358 1.740 28,878.278 4,408 6,867 $121,192,494 First Quarter January ... 2,126 2.728 $ 49,210,497 February ~ 1,508 2.331 40,627,939 March . y.. 1.682 2,463 48.393,138 6,316 7,517 $188,231,574 Speeding Up An old Chinapjtan, delivering laundry in a mining camp, heard a noise and espied a huge brown bear sniffing his tracks in the newly fallen snow. “Huh!” ha gasped. "You like© my tlacks, I makee some more.” — Everybody’s. The latest hair-pins have clips in the center.

Births Boys Leroy and. Henrietta Harmon. 2A& E. Minnesota. Herbert and Blanche Klinge. 1520 Kennington. * Alberteand Matilda Nahimas. Long Hospital. " James and Dorothy Olive, Long Hospital. Earl and Fanny Parrish, 5226 Ellenbererer Rd. William and Julia Baohelder, 1998 Jt. xTpw Jcrssy. Clyde and Anna Sharkey. 1603 Bates. Girls Edward and Leona Gallagher. 610 N. s. Gray. Joseph and Edna Hofmeister, 1633 Ingram. / Gustave and Helen Jonas. 33 Palmer. \f Ovid and Marjo/ie Mann, St. Vincent Hospital. William and Mattie Armstrong, 816 Theodore and Delia Barnaby, 330 Patterson. William and Myrtle Strown, 325 E. Moris. Raymond and Dorothy Walker. Long Hospital. / Eddie and Helen Chestain. 3032 Jackson. Sylvester and Katherine Abell, 929 W. Twenty-Seventh. Frauk and Hazel Kistner. 1801 Olive. Twins Gilbert and Ada Morgson. 732 Fletcher, boys. Deaths Joijn Mason, 61. Methodist hospital, acute parenchymatous nephritis. Catherine kale, 80, 1112 W. Morris, uremia. " Thomas Pendleton Moore, 62, 1054 W. Eighteenth, endocarditis. Ernest J. Toon, 37. 5713 University, pulmonary tuberculosis. Irene Bridgewater, 11 months, 364 W. Sixteenth, broncho-pneumonia Herbert Bert Norton 37, 1583 E. Raymond. lobar pneumonia. William H. Poppe. 76, 928 Virginia, uremia. I Amelia Hogsisg, 40. 1301 *Harlan, chronic myocarditis. Albert W. Hall, 65, 1925 Nowiaml, cerebral hemorrhage. CDRONERREPORTS MURDEf INTENT Returns Verdict in Fatal Shelbyville Shooting. By Times Special SHELBYVILLE, Ind., June 4. Charles Snyder fired the shot with .murderous intent which killed John Osborne, 60, at a dinner at Osborne's home. May $5, according to a report of Shelby County Coroner Inlow on file here today. Snyder, held in jafl, denies the shooting. He was missing for two days after the party, where the alleged shooting occurred, but was captured after a two-day search over southeastern Indiana. Thirteen, witnesses testified at the coroner's inquest. Dr. Gorman W. Batman, surgeoni at the Long Hospital, at \ raidian-" apolis,- who assisted in the opera tfon upon Osborne after the shooting, stated that he detected the odor of liquor plainly on the patient’s breath. “The patient admitted he and Charles Snyder had been drinking,” said Dr. Batman. “He told us that Snyder was the man who did the shooting, but that tITV gun tvas probably discharged accidentally, as he had no argument with Synder.” Aii 38 Nellie Terrill of Indianapolis, a guest at the Osborne home. Testified at the coroner's inquest that Snyder was drunk and had been ordered away from the house by Osborne on the night of the shooting.

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We Offer A Diversified List f ~ For June Funds First Mortgage Real Estate Bonds To Yield 6 and 6/ 2 % Tax Exempt Real Estate Preferred Stocks To Yield 6 and 6(4% Municipal Bonds To Yield 4.40 to 4.70% To Yield 4(4% Joint Stock Land Bank Bonds To Yield 4.75% Short Term Paper x _ V To Yield 6% Corporation Bonds , To Yield 5.90 to 7.10% CONVENIENT DENOMINATIONS FOR THE SMALL INVESTOR. * y ' | Fletcher American Company Second Floor Fletcher American Bank Bldg. / Indianapolis. , Chlct-so Detroit Louisville South Bend „ Private Telegraph Wires to / Principal Financial Markets Y~

MILK PRESCRIBED AS DAILY DRINK FOR BOOTLEGGERS New York Warden Orders Extreme Penalty for Booze Prisoners, NEW YORK, June 4. — effective step, in the opinion of Broadway, yet taken to enforce the Eighteenth Amendment was taken yesterday by Warden Warren AlcClellan of the model East View Penitentiary when he announced that all bootleggers placed in his care will be compelled to dx-ink milk during their stay. One dubious consolation remains for the bootleggers sentenced by Federal judges in Manhattan and Brooklyn, The milk they are to drink comes from anew herd of pedigreed Holsteifis. Milk the Cows, 'Joo Whatever cheer they can gather from that mitigation of punishment they are welcome to, says Warden McClellan, but they may ns well know it now, the bootlegging prisoners will have to milk the cows themselves. An increase of 25 per cent in the number of prisoners was reported to the warden wfithin three months. The newcomers all belonged to the rumrunning fraternity. The waxden promptly ordered twenty more Holsteins from the Washington Couhty Holstein Club of Ft. Edward. They Were Worth It The cost ranged from SIOO to $l7O a head, but_ the warden said they were worth it. Now the 10 H cows that were at East View before gave about 20,000 quarts of milk a month. The twenty new cows, if they run true to form, will give an additional 4,000 quarts of milk a month. Some of this will be turned into' butter, cheese, buttermilk and sour milk. But’ mostly it wijl be just milk, of a pure grade guaranteed to pass tjpe inspection even of Izzy Einstein Or Aloe Smith. Any bootlegger, consequently, ■who in a plea for mercy asks a frowning judge to remember “the milk of human kindness” henceforth will find that milk at East View's model penitentiary. Rig Cucumber Loss The cucumber crop of the United States suffers a loss of between $3,000,000 and $5,000,000 annually due to the cucumber beetle. This insect not only injures the plant by feeding, but carries bacterial diseases that are injurious to other plants. The hotels and boarding houses of London will accommodate only about 100,000 visitors, it is estimated.

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