Indianapolis Times, Volume 36, Number 25, Indianapolis, Marion County, 7 June 1924 — Page 11

SATURDAY, JUKE 7, 1924

UIL DEPRESSION AFFECTS WHOLE , INDUSTRIAL LIST Cosden Reaches Low — Other Actives Show Resistance, By United Press NEW YORK, June 7.—The weekly mercantile reviews reported that the enactment of the new tax measure had effected improvement in sentiment, but that backward weather was retarding the retail and jobbing trades. Oil stocks continued under pressure in the early dealings, Saturday and this fact had a depressing effect on the industrial list as a whole. Cosden reached a further new low for the year at 23Other active oils showed better resistance, however, holding generally above the low levels of the current decline. Opening prices: Atchison 102 % . up % : American Can 102%. oft % : Cosden 23%, off %: Standard of New Jersey 34. up %; Marland 29’ ■, off %; Studebaker 3214: Bethlehem Steel 40: General Motors 12%, up %; C. & O. 77 s *. off ’* : Southern Railway 57**. up %: American Sugar ’.off t* ; U. S. Steel 94 %. up %: Westinghouse 57, up ’* ; Union Pacific 130, off %; Texas Company 38: General Electric 217. up s * : Pan-Amer-ican B 48%, up %: Anaconda 29 s *. Drive on Oils and Steel change in the character of the market took place ir. the two-hour week end session today. Professionals continued to hammer away at the steels and oils. In the latter group, Cosden was forced to new low ground for the year while Bethlehem and Crucible were among the heaviest spots among the steel shares. Selling was considerably reduced in volume as compared with the previous session and greater steadiness characterized the pivotal industrials like Baldwin, American Can and General Electric. Industrials Rallying Rallying tendencies became more pronounced in the principal industrial stocks in the final dealings. Cosden rebounded a full point from its early low cf 23% and recoveries averaging better than a point took place in General Electric, Baldwin and other speculative leaders. The market closed higher U. S Steel 94 s * . up 4* : Baldwin 107 %. up I’* : Studebaker 32%. up *4: American Can 10314, up %: American Woolen 68%, up %: Cast Iren Pine 86% up ri International Paper 44 %. up I s *: Atchison 102%. up -V: Southern Railway 59%. up I*4: N & W. 120. off %. 89 LEGAL NOTICES NOTICE TO CONTRACTORS Sealed bids will be received by the Board of School Commissioners of the city of Indianapolis. at the ob':■" sos Y. ■ board I'd* St.. Indianapolis. lud., until lock n. ana then open i. f< - th. • •vir. Window screens and doors for the south wing of school building No. 74. being used for cafeteria, servic- room, km-tea a I storage rooms. The estimated ® sts such work is $1,100.00. Bids will be receivt-a for said work furnished. deiiverei and erected, and m various other a ternative forms as set out in said speeifientions. Each propos-1 shall be in sealed envelope, with ’.’mine thereon plainly indicating charaeier of the work to whi n proposal rela’es. as for example. "Bid tor Furnishing Screens at School No. 74. located at No 1601 East Tenth Street.” All the bids must be submitted on blank form No. 96. prescribed by the State Board of Accounts which blanks will be supplied by the Business Director, upon application. These proposals must be accompanied by a cert check on an Indianapolis bank, or by *ew York. Chicago or Indianapolis exchange, for five 15, per cent of the maxium bid. The cheek or exchange must be drawn payable t 1 the order Os the Board of .School Commissioners of the city of Indianapolis. In case a bidder, whose bid shall be accepted. shall not. within five days after notice of such acceptance, perform his bid by entering into a written eontract with the board, to perform the work in accordance with the provisions of the plans and specifications, and within that time secure the performance of his building contract by surety bond, with surety or sureties to the approval of the board, his certified check or draft and the proceeds thereof shall be and remain the absolute property of the board as liquidated damages for such failure it being impossible to eot.imate the amount of damages such failure would occasion to the board. The contractor shall -execute a contract and give a surety bond meeting the approval of the Board of School Commissioners. Each contractor receiving copy of the plans and specifications will be required to deposit, as security for theT return in good order, the sum ’ $5.00. The right is reserved by the I- 1 to re ct any or all bids. RICHARD O. JOHNSON. Business Director. June 7, 14. NOTICE TO CONTRACTORS tirßuant to the statutes for such cases 1 and provided, notice is hereby given thp board of commissinmrs of the county of Marion. State of Indiana, will, up to the hour of 10 o'clock in the forenoon of Monday, the 30th day of June. 1924. at its office in the Courthouse of said county, receive sealed proposals for the construction of the improvement of Thirtieth street, in Center township, petitioned for by Charles S. Schofield et al. Said improvement is three miles in length and the estimated cost is $108.566 66. Each bid shall he for the completion of said improvement as a whole on or before the first day of January. 1925. in strict compliance with the plans and specifications as amended, adopted and approved by the board on the fith day of June. 1924. now on file in the office of the undersigned. Each bid shall be accompanied by a non-collusion affidavit and by a bond in the penal sum and conditioned as by statute required. The right is reserved to reject any and all bids. The bonds to be issued to pay for the cost of said construction will bear interest at not to exceed 4 s * per cent per annum. • SEAL) Witness my hand this 6th day of June, 1924. HARRY DUNN. June 7. Auditor Marion County. Ind NOTICE OF APPOINTMENT Notice is hereby given that the undersigned has duly qualified as administrator of the estate of Geo P. O'Connor, deceased. late of Marion County. Indiana. Said estate is supposed to be solvent FIDELITY TRUST CO. No. 22468. June 7. 14. 21.

TREASURY STATEMENT Monthly statemont for the nionth Os showing balance in the State Treasury at the close of business May 31. 1924, as appears in the office of Auditor and Treasurer of State. Balance in treasury April 30. 1924 .$5,631,810.37 Receipts foi month of May , 4,612.744.66 Total receipts .10.244.556.0,3 Disbursements for month 3,796.361 84 Balance on hand - •>. -. $6 448 193.19 Treasurer's Outstanding Auditor’s Balance by Funds Balance Warrants Balance General fund including Rotary accounts.... $ 916 052.57 $ 19.094.35 $ 896.958.22 Benevolent institution *,. 1,314.871 44 1.314.871.44 1 Revenue for tuition 742 065.76 742,065.76 education 255.065.13 439.40 254,625.73 Highway commission - 1.329.057.37 104.820.30 1,224.237 07 Teachers' retirement 31 597.56 778.58 30.818.98 Gasoline fund —. 677 859 76 802.72 677.057.04 Road fund 20.077.70 808.90 10.268 86 Unclaimed estates 17.416 33 19.22 17.397.11 Sale State lands 1.692 95 1 692.95 Swamp lands 16.242.19 16.242.19 Common school fund 1 3.3.3 4.3 1 .33.3 4.3 Auto theft fund .32.277 75 678 42 31.599.33 World War Memorial 1,027.504.30 57.85 1.027 446.45 Hydrophobia fund 36,751.38 25.00 36.726.38 Fire marshal fund 28,327.51 155.00 28.172.51 Totals i. $6,44.8.19.3.19 $127,673.74 $6,320,513.45 Treasurer’s balance $6,448,193.19 Less outstanding warrants 127.673.74 Auditor's balance 6.320.513.45 ORA. J. DAVIES. State Treasurer. ROBERT BRACKEN. State Auditor. June 7,

New York Stocks (By Thomson & McKinnon) ——— —June 7

Railroads— Prev. High. Low. Close. close. Atchison . ,102 s * 102’* 102 Vi 102 Vs B & 0 54*4 54V* 54** 54Vi C & 0 78 V 4 77 % 78 Vs 78 C & NWY 52 V 4 51 Vi 52 V* 62 Vi C R&P. . 25 V* ... 25 V* 25‘s Erie 27 % 26 V 4 27 V 4 2514 Erie Ist pf 34 33 Vi 34 33 GtNpfd.. 57% ... 67% 57% Lehigh Val 43 s * ... 43 s * 43% Mo Pae pf 45 Vi 44 Vi. 45 % 45 V* N Y Cent. .102 101'* 101% 101 Vi North Pac 53 52 % 53 52 % Nor & W. .10% ... 120 101% Per Marq.. 51 50Vs 51 50*% Pcnnsyl.... 43 s * ... 43% 43% So Rwy .. 5914 57 Vi 57 57% So Pae 88 *4 88 % 88 % 88 % St. P pfd.. 22% 21% 21% 21% St. L & SW 38% 37% 37% 37% Union Pac. 130 . . . 130 130 Wab pfd.. 45’* 45% 45% 45% Rubbers— Kelly Spfd. 13% ... 13% 13 % U S Rubber 25 24% 25. 24% Equipments— Am Loco 72 V 4-- - 72 72 % Bald Loco. 107% 106'4 107'* 106'* Gen E1ec..217% 216 217% 216',* Pullman.. 121'* ... 121% 121 West Elec. 57 % 57 57 % '56 % Steels— Bethlehem. 46'* 45’* 46% 46 Colo Fuel.. 39 38% 39 38% Crumble . . 50 49 50 49 V* Gulf States 64% 63 V* 64% 63% P R C & I 46% 45 % 46 45 % Rep I & S. 43 V* 42 43% 42 % U S Steel. 94% 94% 94% 94’* Coppers— Am Smelt.. 67 ... 61 61 Anaconda.. 30 29% 30 29% Kennecott ..38 ... 37% 37% Motors— Cht-nd Mot. 46 45% 46 45% Gs n. Mot... 13 12% 12& 12% Max Mot A 43 ... 42% 42 s , Max Mot B lo'i ... 10% 10% Studebaker. 32 % 31% 32 % 32%

Daily Stock Letter

NEW YORK. June 7 —ls you were bearish yesterday, do you know of any good reason why you should change your opinion this morning? If you were bullish yesterday do you know of any good reason why you should continue of htat opinion? Provided of course, you are proceeding on the theory that there is a relationship be. tween the market value of stoeks and the business of corporations, and a relationship between the business of corporations and the profits which they will earn for distribution to stockholders. Os course, if you are buying slocks for patriotic reasons, or because you are a great believe in President Coolidre. or because you believe President Coolidfe will he re-elected next November, that is a different matter and I have nothing to say. I am trying to look at things from a disinterested purely practical standpoint. I see ahead corporate reports that will prove very disappointing and when they come they are not going to have a stimulating effect ou stockholders, investors or speculators. CLOSING GRAINS FIRM AND HIGHER Middle West Storms Add Impetus to Wheat, By United Press CHICAGO, June 7. Grains finished strong and higher on the board of trade today. Storms over the Middle West, together with additional reports of unfavorable crop conditions, added impetus to the bull side of wheat and brought a higher finish. A statement by B. \V. Snow declaring weather conditions to date justified apprehension over the crop outlook, was the main feature in corn's sttong close. Oats was strong and higher with other grains. Most of the provisions trade was confined to lard on a slightly nigh basis. Chicago Grain Table —June 7 WHEAT— Prev. Open. High. Low. Ck.-e. close July 104 ' t 1.04% 1.03% 104% 104% Sept 1.06 1.06'* 1.05'* 1.06'* 1 05 * Dec 1.08% 1.08% 1 07% 108% 1.08% CORN—• July. .77% .78 % .77’* .79 % 77% Sept. .77% 78 % .77% .78% .77’* Dec. .70% ,71’4 .70% .71’* .70% OATS— July. .45% .46% .45 .46% .45% Sept. 40% .41 .40'* .40 % .40% Dec. 41% .42% .41% .42 ,1% LARD— July. 10.30 10.37 10.30 10.37 |(>32 RIBS— Julv 9.90 9.90 9 85 990 9 87 RYE— July. 67% .68 .67% .68 67% Sept. .69% .69% .09 .69% .69% CHICAGO. June 7.—Carlot receipts were: Wheat. 35: com. 186: oats. 6-1. CHICAGO June 7. —Wheat—No 2 hard. [email protected]: No. 3 $1.03% to 1 04’* Corn—No 2 yellow. 79'* •'V 79 %e: No 3. 76 K 79c; No 4 770 78 %c; No. 6. 73 %e: No. 2 medium. 79 iff, 79 % <•: No. 3. 78%c; No. 2 white. 79%c: No. 3, 78% O 79c: No. 4. 76%'3.77c. Oats-—No. 3 w hite. 50 %'ll 50 % C No 4. 50c; standards 46c. Barley—76<Sßlc. Rye—No 1. 69 %e. Timothy—ss 4/7.25. Clover—sll (<i 18.50. TOLEDO. June 7.—Wheat—sl 100 111. Corn—No. 2. 83%'?! 84c; No. 3, 82 %<n 83c. Rye—7oc Oats—No. 2. 54 '"ssc: No 3. 53<3 54c. Barley—Cash. 78c Cloverseed—sll.lo: October $1212: December $11.85. Timothy—s3.3s. September. $3.75 Alsike—s9.Bo; August. $lO 30. Hay—s3o ST. LOUTS June 7.—Wheat—No 3 red, 51.06<6-1.07% : No. 2 hard $lO5. July. $1 03% . September. $1.05'-* D'oember, 51.07%. Corn—No. 2 white 83%e: No. 3. 82 %<3 83 %e; No 4. 78 %r: July. 78%e; September. 78 %c. Oats —No. 2 white. 51c; No 3 50'll50Vic: No. 4. 49 %c: July. 47 %c. Chicago Stocks (By Thomson & McKinnon) —June 7 Open. High. Low. Close. Ar pfd Tils. 71 % 74 % 74% 74% Conti Mot.. 6 % 6% 6'* 6'* C. Edison. 126% 127 126% 127 Pick 17'* 17’* 17 % 17% Swift &Cos 102% 102% 102% 102'. Stewart-VV.. 50% 61% 59% HI % T'nion Car. 56% 56% 56% 56' Wahl 35% 35% 35% 35 s * Wrigley .... 37 37 37 37 New York Cotton Futures Open. High. Low-, fuse. January ... 25.08 25.15 24.98 98 March 25.14 25.76 25.70 2.,., 3 May 25 15 July 28.40 28 50 28.28 28,45 October 26.00 26.14 25.44 25 98 December .. 25.30 25.40 23.20 25.28 89 LEGAL NOTICES

Prer High Lot , egoeft close Stew Warn 6C% 59% 61% 59% Timken ... 33V* ... 33% 33 Vi Yellow Mfg 45’% ... 45% 45% Minings— Gt N Ore.. 26% 26 26% 26% Int Nickel. 13% 13% 13% 13% Oils— Cosden ... 24% 23% 24 % 24% Hous Oil . . 61 % ... 61 % 62 Marland Oil 30% 29% 30 29% Pan-Ara P. 50% 49% 50% 49% P-A Pete B 49 48 49 48% Pae Oil ... 46% 45% 46% 46% Pro & Ref. 24 23% 24 23Vi Pure Oil.. 20% ... 20 20 S Oil of Cal 55% 65% 55% 55% S O of N J 34 33% 33% 33% Sinclair 18% 17% 18% 18 Texas Cos.. 38% 38 38% 38 Trans CO. 3% 3% 3% 3% Amer Can .103% 102% *103% 103 Amer Wool. 68 % 67 % 68 % 67 % Coca-Cola . 67% 66% 67 06% Congoleum . 39% 38 39% 38% Con Can .. 47% 47 47% 47 Dav Cliem . 45 % 44 % 45 % 44 % Fam Play . 76% 74 s , 76% 75 Gen Asph . . 35 ... 34 % 34 % Inter Pap .. 44% 44 44% 43% M& W ... 22 % ... 22 % 22 % Sears-Ro .. 82% 81% 82% 82% DSCIP.. 86% 85% 86% 86% U S In Al . 63 % 63 63 % 63 % Utilities— A T & T.. 127 126% 127 127 Con Gas . 64 63% 64 64 Col Gas ..36% ,36% 36% 36% Shipping— Am I Cor. 20% ... 20% 20% In M M pd. 31% 31 31% 31% Foods— Am Sugar.. 39% 39 39% 39Vi Am B Sug. 37% ... 37% 38 Corn Prd. . 34 s * 34% 34% 34% C C S pd. . . 56 % 55% 56 % 55 % C-A Sugar . 28% 28% 28% 28% Pun-Ale ... 48 47% 48 47% Tob Prd B. 57 % ... 57 % 67 %

BETTER TONE 111 I LUMBER MARKET No Notable Demand or Price Increase Shown, Although there has not been a notable increase in either demand i for or prices of lumber, the market ! has a some what better tone. Deal- ; ers and consumers show greater ini terest in offerings, and manufacture ' ers seem less disposed to sell at present low level, according to the Amerl- | can Lumberman, Chicago. It is gen--1 erally felt, by well informed buyers as well as by sellers, that prices have I struck bottom and are likely to show lan upward reaction at any time. There have been few changes in soft- ! wood prices during the last forti night, and their stability is a good i indication that the recent precipiI tate decline has been checked. Mills state that prices now realized j are below production costs, and many of them are curtailing their j output. While some find it neces- : sarv for financial reasons to sell for | what can be got, others in increas- | lng numbers are taking the position : that there is no reason for sacrific!ing their product, and are therefore beginning to pick their orders more carefully, returning offers that are too low. Market Review Hogs Hog prices at the local livestock | vards for the week have fluctuated within narrow margins. Exceptionally heavy receipts on the first four days had a general depressing : effect on trade. The highest mark for the week was reached on Monday at $7.75. Only 7,000 porkers were 1 offered. On Tuesday, with a flood of 15.006, prices dropped sharply 15 : to 25 cents to a top of $7.60. Bette.r buying by outsiders caused a nickel raise Wednesday. Thursday the lowest mark was reached when a top of $7.50 and bulk at $7.25 was attained. Friday the receipts were lighter and buying better with the resulting price rise amounting to 5 cents. Cattle ! Good steers held steadily at $8 to $11.25 for the week. Other good stuff held firm,- At the first of the ; week a drive on lights and butcher , stuff culmirated in a few cent de- ; crease. On Thursday however, gfound lo -:t was recovered and trading finished very near at opening j week prices. On Tuesday and I Wednesday there was a scarcity of i steers. Receipts as a whole have been about normal for this time of year. Calves Trading in this division tumbled a half to a dollar at the start Monday and the "whole week was consumed in pulling prices back to a top level of $10.50 that has held for some time. The extreme low was reached Monday when calves of good quality sold for $9.50. This quotation held the better part of the week. On Friday all classes had fully recovered. Light shipping orders was one of the features in this department. Sheep and Lambs A drive on old stuff and culls started the first of the week and prices on this class fell to a low of $5. A 50c recovery was made on Friday. Choice lambs held fairly steady at sl6. On Wednesday, however, they were quoted a half lower. This loss was regained the following | day. Trading has not been of unj usuaj activity. Receipts were light. Only on two days did they reach 300. Tank Wagon Prices (Gasoline prices do not include State tax of 2c a gallon.) GASOLINE —Enerfree, 22c a gallon: Purol, 18.2 c; Red Crown. 18 2c; Diamond Gas, 18.2 c; Crystal Pep, 21c: Target. 18.2 c: Silver Flash. 22c; Standolind aviation, 23c. KEROSENE—Crystsline. 12.7 e a gallon; Moore Light, 15.5 c: Arclite, 12.7 c: Perfection, 12.7 c: Solvent, 35c. NAPTHA—Lion Power Cleaners. C2.6c a gallon: V. M. & P., 22.0 c; Standolind Cleaners, 2.3.5 e. New York Liberty Bonds —June 7 Prev. High. Low. Close. close. 3%s 100.8 100.6 100.6 100.6 Ist 4%S .. .101.4 101.2 1014 101.3 2d 4% s ...100 21 10025 100 26 100.27 3d 4%s ... .101.9 101.7 101.8 101.12 4th 4V* s „. 101.12 101.10 101.11 101.13 New gvt . .102 30 102.29 103.30 102.33 Note—Quote-' in decimal thirty-seconds. Local Bank Clearings \ Indianapolis bank clearings Saturday were $3,492,000 compared with $3,642,000 a year ago. Bank debits amounted to $6,026,000 compared with $5,173,000 a year ago. "Clearings for the week. $20,656,000. Debits for the we%t, $36.7-45.000,

Tub INDIANAPOLIS TIMES

HOG TRADE HOLDS STEADY AT $7.55 Bulk Sales Made at $7.25 — Lambs Off a Half. Hog Prices Day by Day June 250-300 lbs. 200-275 lbs. 150-180 lbs. 2. 7.76 7.70 7.70 3. 7.60 7.50 7.40 4. 7.65 7.55 7.45 \5. 7.50 7.40 7.40 6. 7.55 7.45 7.45 7. 7.55 7.45 7.45 Hog prices at the local livestock yards Saturday did not reflect the bullish influence of light receipts, but opened steady with Friday’s quotations. Receipts of 5,000 were less than half of the number received on some days of the week. The extreme range was from $7.25 to $7.55. Choice lots of heavies were holding top-notch prices at $7.45 to $7.55. Medium mixed hogs were selling at $7.30 to $7.40. The bulk of sales were made at $7.25' to $7.30. Pigs reflected the general steady market at $7 down to $5. Sows held steady. Smooths, $6.60 to $6.75. Roughs, $6.40 to $6.60. Lightweights were quoted at $7.25. Light lights, $6.75 to $7.25. Stags were selling at $4 to $6. Buying was active in comparison with the usual dull week-end trade. There were 1,210 holdovers. Inactivity marked cattle trading. Less than 300 head were in the pens. Early sales were made at Friday's prices. Only a few steers brought $11.25. Most of the sales were made around the $8.50® 9 figure. Cows and heifers appeared to be steady, although there were no sales until a late hour. Calf trading was exceedingly light with approximately 400 head offered. Prices appeared fully steady at the start. Good to choice veals were quoted at $10.50. The hulk of sales were made at $9, $9.50 and $lO. Saturday’s prices displayed a full recovery from slump quotations that were made during tlie week. Choice lamb prices fell a half to $15.50 at the start of trade in the sheep and lamb division. This is the second time within the week that this has occurred. Good to choice ewes were steady at $5. A few were quoted as high as $5.50. Receipts, 200. —Hogs— Choice lights $ 7 25 Light mixed 7.00 ft 725 Medium mixed 735 0 7.40 Heavyweight* . 7 15'": 750 Bulk of sales ! 7.25'5i 7.30 Top 7.55 Parking sows 6 400 6 75 Pigs ... 5 00<S 700 -—Cattle Prime corn-fed steers, 1.000 to 1.800 . . $ 9.00® 11.25 Good to ehoior uterr*. 1,000 to 1.500 lbs 8.604$ 9 00 Good to t-hoioe steers. 1 000 to 1.200 lbs 750® 9.00 Good to choice steers. 1,000 to 1 700 lbs 6.05® 750 Common to medium steers 800 to 1.000 lbs 6 00® 675 ——C o * and Ilsier*— Good light heifers $ 6 90® 9 50 Good heavyweights 7 00% 8 00 Medium heifers H 00® 6 25 Common heifers 3 oil'". 6 00 Fair cows ....... 600 ® 7.00 Cullers 2 75® 8 25 Caiitiofs 2.75'U 3.75 --Calves— Choice veals $ 9 00® 10 00 Good veals 7 50- i 860 Lightweight veals 7 50 Common heavies ......... 6.004$ 6.00 —sheep ami I.ambs— Extra choice lambs $13,00(2 15 50 Heavy lambs 9 50® 12.25 Cull lambs 6 00® 9 00 Good to choice evvos 3 .00 5 50 Spring lambs 7 . 15 50 Other Livestock CHICAGO. June 7.—Hogs—Receipts. 6,000; market uneven, mostly t- ady top. $7 50 ; bulk, $6 90'a7 4’l: heavyweight. $7 20■" 7.50; medium, ->7 100 7to light. O.Toqy 7.30 11-4 it light*. $7 75 H. heavy packing. smooth . $6 45 \t 6 83: heavy picking rough. s'■ toil 6I • killing pigs, $6.25 410.50. Cattle —H**-eipts. 10.000; compared last week tai l te< re and most grades yearlings and fat stu stock strong, yearlings higher in spots: losses earlier in the week regained; plain native grass steers and cows slow -an ners and <*utter steady, strong: bulk steers 15 up: ve tiers most 60 0 75c up; stoekers and feeders 25e off: extreme lop matured steers, $11.35: best yearlings $10.75. Bulk prui-s: Reef steers. $8 0 10.50: Stockers and feeders. $5.75<2 7.75: fat cows. $5 4f7; beef Belters. $0.856 8; can ners an dcuttcr*. $34'4. veal calves. $8 25 41 9 25. Sheej)—Receipts. 2.000; receipts most direct, market steady, for week 21.000 direct: 114 cars feed lots isimpared last week: b'-tter grace spring lambs most 50c off. range offerings show- less decline: clipped land'* 81(1 1.50 off: spots more In-between kinds down most: cull natives, 82'a2.50 off; fat sheep $161.50 e. top range springs. $17.40; top matured steers, $10.75: best clipjied lambs. sl4 >0; fai land's. sl3'it 14 25; range sprngrj-s, $10.5041 17.26: natives sl6® 16.90: yearling wether*. sll.so<@ 12: aged wethers, $6.25® 6.50; fat ewes, $4.50® 1. EAST ST LOUIS. June 7.—Cattl*— Receipt*. 2,000: market steady to 25c lower; native beef steers. $7.50® 9.50: yearlings and heif‘-r*, $7.75®9.25; cows, ss® 6. can ners and cutter*, $2.25® 3 50: calves. $8.2508.50: stockcrs and feeders. $4.500 5 75. Hogs—Receipts. 5.000; market s®l Oc higher; heavies. $7.25® 7 40; mediums, $7 250 7.40; light $6 90 67.35; light lights, SOO-7.20; packing sows, $6.1606.60; pigs. $5.500065: bulk. $7.1007.35. Sheep—Receipts, 300: cutters, $1 63.50: spring lamb*. $11.30 ® 16. EAST BUFFALO. June 7.—Cattle—Receipt*. 375; market*. eteady: shipping steer*. $8.750 10.75: butcher grade.-*: $8 09; cows. $2.20®7. Calves—-Receipts, 150: market, active, 50c higher; cull to choice, $3 50® 10.50 Sheep and lambs —Receipts, 800: market, active; lambs. 15c higher; choice lambs, $1101490; cull to fair, $8.75 013.50: yearlings, s74s 12; sheep. $30,8.60. Hogs—Rci-eipts. 4,000: market. Blow. 5e higher, yorkers, $6.7507.70: pigs, $6.75: mixed. $7.65; heavy, $7.65: roughs, $6 0 6.25: stags, $3,500 4.50. CINCINNATI, June 7.—Catle—Receipts, 200; market slow: shipping steers, gobd to choice.. $8.50010.60 Calves—-Mar-ket. lower: good to choice. $8.6009.50. Hogs-—Receipts. 1,500: market, highpr: good to choice packers and butchers, $7.65. Sheep—Receipts. 100: market, steady: good to choice $3,50 0)0. Lambs —Market, steady; good to choice, sl7® 17.50. New York Curb Market Cities Service Cos r 132 @133 Dubiliers 34 % 0 34 % Ford of Canada 420 @430 Indiana Pipo 90 (is) 91 Mutual Oil 9%@ 10 Prairie Pipe 101 % @lO2 Prairie Oil and Gas 206%®}207% Royal Canadian 5% 0 5 % Stutz .. . .TX 7 0 8 Stand Oil. Indiana 66 % 0 56% Stand Oil. Kansas .38 % @> 39% Stand.-011, Kentucky 104% @lO5 Standard Oil. New York.... 38 @ 39% Vacuum Oil 59 @ 59% c_ Foreign Exchange NEW YORK. Jure 7.—Trading was dull on the foreign exchange market* today. Closing quotations: Sterling $4.30. off % : Francs 59%; Marks 4.210 billion to the dollar. Bury Newspaper Founder By United Press SOUTH BEND, June 7.—Masons were in charge of funeral services today for Elmer Crockett, one of the two founders of the South Bend Tribune. Wabash Professor Resigns CRAWBTIRDSVILLE, Ind., June 7. —Dr. H. L. Gipson has resigned as head of the history department at Wabash College to accept a similar position with Lehigh University, at Bethlehem, Pa. He has been at Wabash for thirteen years.

' ‘Kick' By Times Special CRAWFORDSVILLE. Ind., June 7.—Herbert Cunningham got a ‘'kick” out of a glass of water at his home here during an electrical storm. Cunningham had his hand on a water faucet when lightning jumped from an empty light socket above his head to the stream of running water. The shock temporarily paralyzed his right side and a physician had to be called.

INDIANABERRIES (MARKET Most Vegetable Prices Are Lower Than Last Week. Indiana strawberries, gooseberries and cherries were offered for sale at the city market today, at prices ranging from 25 to 30 cents a quart. The berries were of fairly good quality for flrst-of-the-season products. New potatoes from South Carolina were selling for the first time this year at 7 cents a pound. Other new potatoes were selling at 5 to 8 cents a pound Southern tomatoeH are down to 20 cnts a pound. Homegrown varieties are 40 cents. Other vegetables: Asparagus, three small bunches for 25 cents. Green beans, 15 cents a pound; wax beans, 10 to 15 cents a pound; cauliflower, 25 to 50 cents a head; new cabbage. 6 cents a pound; cucum bers, 10 to 20 cents each; kale. 10 cents a pound; leaf lettuce, 10 to 15 cents a pound; head lettuce, 15 to 25 cents; peppers, 5 to 10 cents each. Mustard greens. 10 to 15 cents a pound; mushrooms, $1 a pound; parsley. 10 cents a bunch; green peas, 15 to 30 cents a pound; radishes, home-grown, 8 to 10 cents a bunch; turnips, 10 cents a pound. Apples, eating, 10 to 12 cents a pound; cooking, 5 to 8 cents a pound; cantaloupes, 10 to 20 cents each; California cherries, 60 cents a pound; Cuban pineapples, 20 to 30 cents each.

BUSINESS MEN PLEASED WITH NEW TAX LAW Foreign Conditions Continue to Improve Generally. Business men art' pleased with the new tax law in spite of its unscientific features, because it reduces their lax burdens forthwith. Even the wealthy caiptalint is bound to feel more like Ruing ahead and doing business now that this question is settled. Incidentally, the tax reduction should mildly stimulate the demand for goods and commodities. Bonds are generally in the same or a little better position that before. The medium grade bonds bought by the middle classes are definitely In a . ! cals and I'nited States bonds should he practically unaffected; but low : grade municipals cannot with suc- [ cess lean so heavily on their tax exemption as they have done." Foreign conditions are still im proving. British unemployment is the smallest since January. 1921. The French nation is in favor of 1 getting down to business and away from war hatred, but the governi rnent is evidently going at the job [conservatively without throwing away needful safeguards.—Moody's ' Review. Produce Markets INDIANAPOLIS June 7.—Freeh ocrifs. loan off, 23c: packing stock butter, 22c: fowls. 4 1 * lbs up. 25c; fowls, under 4hi lbs. 18e; cocks, lie sprtmrs. 1924. 2Ib size. 35c; young tern turkeys, 12 lbs up. young hen turkey-* SIN. up 23c; old tom turkeys. 18c; ducks. 4 !b. up 15c: geese, 10 lba up, 11c: squabs, 11 lbs. to dor.cn, $4 50. CLEVELAND. June 7—Butter—Extra in tubs 43®44<-: extra firsts. 4i (It 42c: firsts 38 (u 30c; packing stock. 24 ® 27c; standard, 41c prints le extra. Biggs— Fresh gathered northern extras. 27 tic; extra firsts ZflVie; Ohio first.. 25c; western firsts. 24c. Poultry—Live fat fowls. 26® 27c; springs 28® 29c; Leghorns, 26c: roosters, 14@15c: medium fowls 27e; broilers. 32® 45c. Potatoes—-Cobblers, $22.5® 2.36 a bag; Hastings, $7.26® 7.50 a barrel. CHICAGO, June 7.—Butter—Receipts. 19.052; creamery extra. 39 Vic; standards. 39 ‘ic; firsts. 3o zh 37 Vi c; seconds, 33® 35 Vic. Eggs—Receipts. 22.057; ordinary firsts, 22 ‘i @23c; firsts. 24®24Vi<-. Cheese—Twins, 17 '4c; young Americas, 18 4* c. Poultry—Receipts, 4 cars: fowls. 22® 23 Vic: ducks. 20c; geese. 12c: turkeys, 20c; roosters. 13Vie: broilers, 30® 38c- Potatoes—Receipts, 155 cars Quotations: Wisconsin and Michigan round whites. $1,70® 1.85: Alabama and Louisiana Triumphs No. 1. $2.50®2.75; South Carolina cobblers. $5.50. NEW YORK. June 7.—Flour—Quiet and unchanged. Pork—Dull: mess. $27 Lard —Steady: midwest spot. $lO 70® 10 80 Sugar—Raw. quiet: centrifugal. 9ft test. 4.47 c: refined, quiet; granulated. 6.30® ft.4oc. Coffee—Rio spot steady: Santos No. 4 14 H® 14 Vic. Tallow—Quiet; special to extra. 6Ax ®IT 7 Ac. Hay—-Strong: No 1. $10: No. 3. sl3 50® 14 Dressed poultry—Dull: turkeys, 20®38c: chickens. 28® 10c: fowls 17® 23c ducks 23c: ducks. Long Island! 52c; capons. 35(055c. Live poultry—Quiet: geese. 10® 14c: ducks. 13®24c: fowls. 25®28c: turkeys. 29®30c: roosters, 15c: broilers, 26®47c. capons, 35®45w. Cheese—Firm; slate whole milk, common to specials, 17® 25 Vic: state skims, choice to specials. 11 ®l2 Vic: lower grades, 4® 10c. Butter —BTrnxer; creamery extras, 41 Vi ; special market. 41®41Vic: Danish. 42c; Argent.ine L 35® 37 Vic. Eggs—Firm; fancy. 33 ®3se: nearby state whites, 26® 32c; fresh firsts, 25 Vi® 30c; Pacific coasts 26 <B36c; western whites. 28@32c; nearby browns. 30 @33c. Marriage Licenses Edward Barker. 67, 5138 Broadway, real estate; Cecelia A. Atterbach, 37, 4071 College. Paul P. McGiffin, 29, R. R. M 1, box 175, bookkeeper; Myrtle Dooley, 23, R. R M. John E. Wheeler, 24, Evanston, II!., banking; Thelma D. Blossom, 23. 3580 Fall Creek Blvd. Fred Daniels, 40, 2319 Brookslde, railway conductor: Christy A. Lewis, 28, 536 E. Twenty-Ninth, bookkeeper. John R. Fielder, 29, Flora. 111., assistant highway engineer, Helen R. Carter. 28, 2825 N. Delaware. Everett Dickerson, 28, Terre Haute, teamster; Clara Pierson, 24, 439 Madison. Lloyd R. Swarti, 32, Elkhart, Ind., tool maker; Florence E. Huber, 34, 437 N. Bradley, teacher. Ralph M. McKinstray, 29. 808 E. FortySecond, mechanical engineer; Suean J. Weer, 27, 808 N. Delaware. Harry Allen, 29, 1843 Singleton, painter: Minnie Qriebelbauer, 23, 1843 Singleton. Everett H. Dunn, 25, Cincinnati, Ohio, ignition specialist; Esther J. Corcoran. 26, 2845 Paris. Kenneth E. Hite, 23, 665 E. TwentyFourth. knitter: Mary E. Shaw, 27, 508 Highland Ave., 'bookkeeper. Russell Sheets, 24. 130 N. State, electrician; Helen E. Castor, 22, 2022 Brooks'de, bookkeeper. John Resor, 50, 1215 S. Meridian, railroading; Mattye Aheran, 26, 624 N. Dearborn. Gordon F. Briggs. 34, 12 N. Randolph, insurance manager; Zourie M. Sutton, 32, 16 N. Bryant. R. L. Sparks, 34, 2550 N. Meridian, dentist; Paulino A. Whittenberger, 23, 1930 Ashland. r

FUNERAL MICE FOR HISTORIAN TO BE MONDAY Jacob Piatt Dunn, Author, Succumbs to Brief Illness Friday. Funeral services for Jacob Piatt Dunn, 69, author and historian, and secretary to United States Senator | Samuel M. Ralston, who died after a brief illness Friday night, will be held at his home, 915 N. Pennsylvania St. Monday at 2 p. m. The Rev. Dr. M. L. Haines, pastor emeritus of the First Presbyterian Church, and the Rev. Matthew Smith, pastor, will conduct the services. Burial will be in Crown Hill. Mr. Dunn’s illness followed a severe cold which developed into jaundice t ‘ compelled him to return from Washington last week. Born in Lawrenceburg, Ind., April 12,1855, he moved to Indianapolis

JACOB P. DUNN

when Sevan years of age and lived i here the remainder of his life. Following graduation front Shortridge High School he entered Earl ham College and was graduated at the age of 19. He was an enthusiastic student of history and was well known as an author. Among his works were. “Massacres of the Mountains,” 1886; ’’History of Indiana," 1S8S; , "Indiana A Redemption From ; Slavery.” 1905. For many years he engaged in newspaper work as editorial writer on the old Indianapolis Sentinel. From 1904 to 1906 and from 1914 to 1916 he was city controller of Indianapolis. He is survived by his widow, Mrs. Charlotte Jones Dunn; two daughters, Caroline and Eleanor, both of Indianapolis, and two sisters, Mrs. ' Louisa M. Tutev. iler of Indianapolis land Miss Catherine Dunn of Washj ington. 1). C. PRO-TEM JUDGES NAMED Collins Out of City Next Week to Attend (1. (). P. Convention. Judge .Tames A. Collins will be ab sent front Criminal Court ail next week and special judges will occupy the bench. Collins will attend the Republican national convention at Cleveland as a delegate. W. W. Thornton, ex-judge of Su perlor Court 1, will hear a robbery case Wednesday morning and three liquor cases Friday morning. John W. Iloltzm.an will adjudicate five alleged attack cases Monday morning and a case wherein Claude and Blanche Jenkins, 132’* N. Noble St., are accused of harboring girls who escaped from the Indiana Girls’ School at Clermont. James E. McDonald will be judge Wednesday afternoon in eleven appeals from city court. Thursday afternoon he will hear eleven appeals. Friday afternoon Frank A. Symmes will hear ten liquor case appeals. AUTO DERAILS ENGINE Two Injured When Wabash Train Strikes Machines. By United Press ED WARDS VILLE, 111., June 7. Wabash passenger train, No. 51, struck an automobile on a grade crossing at Nanieoki near here todjiy and the engine and three cars were derailed and turned over. The engineer and fireman were reported in a critical condition. All passengers were said to be safe. The train is known as the “Decatur accommodation” and was due in St. Louis at 8:30 a. m. MEMORIALS PLANNED Schools to Be Awarded Loving Cups for Accident Prevention Records. Memorial services for five school children killed in traffic accidents was planned today in conjunction with the services in awarding cups and flags to the schools with the best accident prevention record University Park Monday at 2 p. m. Public school No. 9 and St. John’s paroachial school will be awrded loving cups for not having a traffic accident during the year. Smith Files Report Supporting his oral report following the Gibbons-Carpentier fight at Michigan City, May 31, Adjt. Gen. Harry B. Smith, has filed a written report with Governor Emmett F. Branch. Smith, along with three other army officers, viewed the fight at the request of the Governor to see that it did not assume the characteristics of a prize fight. The report declared the contest was clean throughout and that the State I law was not violated.

SHRINE IS HOSPITABLE Murat Temple Offered for Use of Veiled Prophets. Oliver R. Wald, monarch of Sahara Grotto, today announced the hospitality of Murat Temple had been extended to the Veiled Prophets who will be here June 22 to 25 attending the international Grotto convention. Mr. Wald received a letter from Charles J. Orbison, potentate of Murat Temple, inviting the Grotto to make use of the Shrine mosque for the grand monarchs’ ball, to be held Wednesday evening, June 25. DEATH CROSSINGS TO BEELiNATEB Civic Clubs Take Stand on Dangerous Intersections. Steps to eliminate “death intersections” along Fall Creek were under way today by the Indianapolis Federation of Civic Clubs following adoption of resolutions Friday night. City officials will be asked to eliminate dangers on Fall Creek Blvd. by erecting some kind of a retaining wall preventing motorists from driving into Fall Creek. The federation agreed to protest against closing of any streets in the southeast part of the city as a result of elevation of railroad tracks. H. F. Templeton, assistant chief sincke inspector of the city, outlined progress of his department since its establishment. Two hundred violations have been reported. mTnulen TO GATHER HERE High Council'of Fraternity •Meets June 12. The high council of the Sigma Nu Fraternity, governing body of ninety college chapters in the L'nited States, will meet-June 12 to 15 at national headquarters. Lemcke Bldg. Ernest L. Williams, general secretary, said these matters will be considered: Promotion of higher scholarship by cooperation with deans and faculties of colleges and establishment of a minimum scholarship requirement for good standing in chapters. Appropriation of additional money to the fraternity's student loan fund, a fund to help worthy members complete their education. Standardization of fraternity jewelry to protect the insignia of the fraternity and discourage extravagance in purchase of pins and novelties by members.

VAN NUYS GOES WITH DELEGATION # Takes Place of Mrs, Erskine —G. 0, P, Split, Frederick Van Nuys, Democratic State convention keynote orator, will attend the national convention in New York as alternate for Mrs. A. It. Erskine, South Bend. It was announced today. Mrs. Erskine, named a delegate-at-large. is unable to attend. Charles A. Greathouse. Indianapolis secretary to the national convention, was unanimously re-elected Indiana national committeeman at the reorganization of delegates Friday. Mrs. James R. Riggs was reelected national committeewoman. Republican delegates to the na tional convention at Cleveland were to leave tonight and Sunday. Personnel of the “big fourteen” was split today by announcement of exGovernor Winfield T. Durbin of Anderson that be would not attend be- - could not cast a full vote for Coolidge for President. Trie delegates-at-large are. entitled to cast half-votes. William Moorches, Anderson, district delegate from th 2 Eighth, has also stated he will not go to the convention. Durbin was an active candidate for a place on the delegation-at-large. He was not named on the original ‘‘big seven.” When the dele gation was increased to ten. his name was left out, and shortly before the Republican State convention convened the number was in creased to fourteen, and included Durbin’s name and that of ex-Gov-ernor James P. Goodrich. GROCERS REPRESENTED Local Man Will Attend National Convention at Los Angeles. George K. Johnson, 345 Walcott St., vice president of the city and secretary State organization of retain grocers, will represent Indianapolis at the National convention at Los Angeles, Cal., June 15. H. C. Peterson, East Chicago, retiring president, also will attend from Indiana.

7'Cy/ with / Safety /o TAX. * w FREE UNDER STATE SUPERVISION

Stock is tax exempt in Indiana and free from normal Federal Income Tax. Price, SIOO per share and accrued interest. Cash or on deferred payments Interstate Public Service Company Room 714 Wild Bldg. Indianapolis, Ind.

ONE DEAD, TWO SERIOUSLY ILL IN SUICIDEATTEMPTS Roomer Slashes Wrists and Climbs on Gas Stove — Bullet in Temple, One man is dead and one man and a woman are in a serious condition todaj at the city hospital as result of suicice attempts late Friday. A note left by Walter Conrath, about 36, roomer at the home of Mrs. Kathryn Drake, apartment 5 of 318 E. North St., stated ill health prompted his act. He slashed both wrists, while the family was away and when found lie sprawled across the kitchen gas range, where he had prepared, police believe, to turn on the gas. Sergeant Dean and emergency squad said the gas was not on when police arrived, and Miss Crystal Drake, who discovered the body, said she did not smell gas. Feared Losing Mind In the note Conrath spoke of fear? of losing his mind, that he was out of work and had no money, with which to battle his illness. Another note left gave a biographical outline of his life for the past several years, and an insurance policy which made his father beneficiary. If Wiliam Swischer, 2S of 530 S. Addison St., recovers from a gun shot wound in the right temple it will be because the gun and amunition were inferior with age Motor policemen Gooch and Hansford, said the gun was an old 32 calibre and the ball sent with little force lodged in the temple. Swischer told police jealousy of his wife was the reason for his act. Attempt Unsuccessful Miss Mamie Lee, alias Marie MeGlynn, 21, of 205 Minerva St., made an unsuccessful attempt at her life, authorities at city hospital say, and it is believed she will recover. Police say Miss McGlynn called James Tomasella, 630 E. Merrill St., to a taxicab at Capitol Ave. and North St., and said she intended to kill herself, displaying a bottle. Before the cab arrived at her home he said he struck the vial from her hand. She gave ill health as a motive. Police say she has been arrested several times on statutory charges.

BAM ON PARKING DOWNTOWN URGED Street Railway Suggests Rule in Lieu of Rerouting. Restriction of automobile parkin? in the downtown section of the city during rush hours to relieve traffic congestion, rather than rerouting of street cars, will be advocated by the | Indianapolis Street Railway Corn- ' pany, according to James P. Tretton. superintendent. The regulations favored by the company were suggested by John McCardle, chairman of the public service commission. They provide there be no parking between 6:30 and 8:30 a. m. and 4:30 and 6:30 p. m. in the section bounded by Capitol A% r e., Ohio, Delaware and Maryland Sts. Washington street merchants as a whole are opposed to any general rerouting of street cars. Abolition of automobile parking during rush hours would permit automobiles to mo ,- e two and three abreast and would facilitate clearing the morning and evening rush, advocates of the plan insist. LENRY CONVICTED; AWAITS SENTENCE Life Term Recommended for Indianapolis Killing, By Vnited Press SHELBYVILEE. Ind., June 7 Convicted of second-degree murder on the charge of killing Jesse Louden. Indianapolis policeman, Charles Henry, colored, today awaited sentence to life imprisonment. The jury, found him guilty and recommended a life term late yesterday after twenty-four hours’ deliberation. Twenty-four ballots were taken. Henry shot Louden when the officer discovered him breaking into a drug store, according to a confession read in the trial. Defense attorneys contended the confession was forced from Henry by “third degree” methods and based their case on an insanity plea. Hawalians to Give Exhibition Nine Hawaiian competitors for honors on the Olympic swimming team will give a swimming exhibition and sing native songs, accompanied with ukeleles and guitars, at the Hoosier Athletic Club at 8 o’clock tonight.

The 7% Cumulative Prior Lien Stock of this Company is a sound investment, based upon the stability, growth and prosperity of the 100 or more communities served with Electricity, or Water, all public necessities. This

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