Indianapolis Times, Volume 36, Number 52, Indianapolis, Marion County, 9 July 1924 — Page 11
WEDNESDAY, JULY 9, 1924
OPTIMISTIC NEWS IDS BUOYANCY TO STOCK TRADE Industrials and Rails Reach - New* High Averages ' on Move.v % i Average Stock Prices Average price of twenty industrial stock* Tuesday was 97.56. up .65. Average price of twenty rails was 87.27. up .61 to new 1924 hi?h. Average price of bonds was 90.50, up .12 to new 1924 hi?h. By Uni fed Press "NEW YORK, July 9. —Over night news was constructive. Norfolk & Western is to plage a fifty thousand rail order and this, no doubt, will be followed with bookings from various railroads. Interviews with business men and bankers were optimistic for a "substantial revival of busines in the fall. With both the industrials and rails at new average highs on the movement, the general list continued buoyant in the early dealings. American Woolen scored T 4 at the opening and sold at 72 %. Southern Railway advanced %, moving up s o 66%. Southern Pacific was steady Raeding at 57 and StudeSBj at 38. New York Central A4 and sold at 106. U. S. Steel lost 14 at 100 %. General Elerf- j trie made a good gain of l a i when j it reached 244. Mack Truck brought j 90%, up %. Consolidated Gas was ; up % at 69%. ] Local Bank Clearings Indianapolis bank clearing* Wednesday , were S3 426.000 compared with $4,413.000 a year ago. Bank debits amounted to $5,803,000 ! compared with $6,447,000 a year ago. JULYCORN SOARS TO EXTREME HIGH Tight Cash Situation Causes Best Price Since 1920, By United Press CHICAGO, July 9.—Grain futures worked to a higher finish on the board of trade Wednesday. A feature in the day’s trading was sale of July corn at 100%, the highest I since 1920. Heavy buying based on unfavorable crop developments and less optimistic foreign news together with sale for export of heavy consignments of domestic wheat, sent wheat MojMharply higher finish. tight cash situation and less outlook on the new crop Baused corn futures to penetrate into new high ground. Oats went into new high ground on j sympathetic gains. Provisions closed higher. ——— Chicago Grain Table —July* 9 WHEAT— Prev. Open. High. Low. C!o*. close. Julv 1.13% 1.15% 1.13 % 114% 1.13 Sept 1.12% 1 14% 1.12% 1.14% 1.12% Dec. 1.16 1.17% 1.15% 1.17% 1.15% CORK— July .99 % 1.00*4 .98% 1.00% 98% Sept .95 % .97 .95 % .97 .95 Dec. % .86 % .84 % .86 % .84 % j July >,l % .53 % .61 % .53 % .50 % Sept .45% .45% 43% .45% .44 Dec. 45% .46% .45% .46% .45% LARD— July 11.07 11.25 11 07 11 25 10.97 RIBS July 9.90 10 05 990 10 05 9.85 RTF.— July .77% .79% .77% .79% .77% Sept .77% .79% .77% .79% .77% CHICAGO. July 9.—Cariot receipts were: Wheat, 12; corn. 23; and oat*. 10. TOLEDO. July 9—Wheat. Sllß%@ 1.19%. Com—No. 2 [email protected]% : No. 3. SIOB 'a l 08%. Rye—SO.- Oat*—No. 2. 58% ti. 59 %e: No. 3. 57%*g55%e. Barley—Bßc. Cloverseed—sll.4o: October $12.40: December. $12.05.- Timothy —53.70: September, $3.85: October, $3.75. Arsrust, sll 80. Butter. 42 6.43 c. Egg*. 26627 c. Hay. S3O. CHICAGO. July 9.—Wheat—No. 2 hard. $1.15% % 120% : No. 3, $1.15. Corn— No. 2 yellow. $1.05: No. 3. $1.04%; No. 6. $161.01; No. 2 medium. $1,036 1.03%; No. 3. 51.02: No. 2 white. $1.04: No .3. $1.03%. Oats—No. 3 white 536 64c: No. 4. 51% @53%e: standards. 49c. Barley—7o 676% e. Rye—No. 2. 79 6 79%c. Timothy—s66B. Clover—sll6 19.50. WEATHER AIDS HARDWARE MARKETING Majority of Price Changes Have Been Purely Nominal in Nature. NEW YORK. July 9.—Hardware Age in its weekly review of conditions in the hardware field says: Seasonal weather has served to move a large percentage of stocks which have laid dormant for the past few weeks. Garden tools, hose, camping supplies, automobile accessories—all are showing the effects of the warm days which have been enjoyed during the past two weeks. Stocks of seasonal merchandise have been greatly lessened as the result and there is every reason to expect that reorders will soon be In order. The past week has witnessed but few price changes and the great majority of those which have occurred have been of a purely nominal nature. Optimism is still on the increase and it is the general belief that business will continue to improve for some time to come. Industrial conditions seem to be better, and according to recent reports there 1* a decided increase In business from the rural districts.
Tank Wagon Pricjs tGmeohne prices do not include State tax of 2e a Fallon.) GASOLINE —Enerpee. 22e a gallon: Purol, 18.2 c: Red Crown. 18.2 c: Diamond. 18 2c. Silver Flash. 22c: Standolind aviation JJ3c. KEROSENE—-Crystalire. 12.7 c a gallon: Moore Light. *5 sc: Arclite. 12.7 c: Perfo|un._l2.7c: Solvent. 35c. - JWA l HA —Lion Power Cleaners. 22 B.' V. M. Sc P.. 22.5 c: Standolind jCleaHers, 23.5 c. Hay Market Prices Wagon load lot prices hay and grain at Indianapolis are as follows: Timothy—-SIB it 22 a ton: mixed. 520® 22: baled. 518@22. Corn—B3® 85c a bushel. Oate—so® 52c a bushel. Straw —Wheat. 59 ®_Ll a ton.
New York Stocks
(By Thomson A McKinnon) —J uly 9 Railroads — At 1:30 Prev. High. Low. p. m. close. Atchison ..104% ... 104% 104% B. 4 0. . . 60 % 59 % 60 60 % C A O S3 % 93 93% 93%. O & N W R 69 ... 58 % 59 C , R. A P. 31% 30% 30% 30 Erie 29%, ... 28% 28% Gt No ptd. 64 / 63% 63% 64 Lehigh Val 48 47% 47% 47% Mo Pac pfd 48% 47% 47% 48% N Y Can... 106 105% 105% 105% N Y N PAH 25 ... 24% 24% Nor Pac... 64 ... *% 63% Nor 4 W.. 122 ... 121 121% Pere Mar-y. 52% ... 52 52% Penusylvan.. 45 ... 44% 44% So Railway 67 65% 66 66% So Pac 93% 93% 93% 93% 8t Paul pfd 25% ... 24% 25% St L 4 S W 44% 43% 43% 42% Union Pae 137% ... 137% 137% Wabash pfd 43% ... 43% 43% Rubbers— ♦ U S Rub.. 29 28% 28% 29% Equipments— / Am Loco.. 76% 75% 76% '‘'4% Bald I.oco 116% 115% 116 116% Gen Elec.. 245 241 242 242% Pullman .*123% ... 123% 124 West Elec.. 62% 62% 62% 62% Steels— Bethlehem.. 48% 48 48% 46 *< Colo Fuel . 48 48% 47% 48 Crucible . . 55 V* 55 55 % 55 % Gulf States 71% 71 71% 71% P. U & .1. 48% 46 46 % 47% Rep I& S 47% ... 47 % 47% U S Steel. 101% 100% 100% 101 Motors — Chan Mot .48% ... 47% 4S . Gen Mot ..14% 14% 14% 14% Max Mot A 52% 50% 51% 52% Max Mot B. 13 .. ./ 13 13% Stude 38 T 4 37% 37% 38 Stew-Var . 60 % ... 64 % 08 Timken . . 34% ... 34% 35% Gt N Ore.. 27% ... 27% 27% In Nickel.. 17% 17 17% 17% Coopers— Am Smelt. 66% ... • 66% 66% Anaconda .30% ... 29% 30% Kennecott . 40 % ... 40 % 40 % Oils— Cal Petrol. 22% ... 22% 22% Cosden ... 28% 27% 28 28% Mar ct .. 31% 30% 30% 31% P-A Pete . 51 % % 51 % P-A P 8... 50% '49% 50 60 Pac Oil ... 48 % ... 48 % 49 Pro A'Ref. 26% ... 26% 27 Pure 0i1... 20% ... 20% 20% St Oil, Cal. 58% 57% 57% 58% St Oil. XJ. 34% ... 34% 34% Sinclair ..18% 17% 17% 18% Texas Cos . 39 % ... 38 % 39 % Industrial*— A1 Chem . 75% 74% 74% 74% Yel Mfg . . 57 H ... 56 56 Tr Cop Ore. 4% 4% 4% 4% Am Can .116% 114% 115% 116 Am 5V Wk* 109 104 107 103 Am Wool . 72 % ... 72 % 72 % Coca-Cola .73 % ... 73 % 73 % Congoleum 48 % 46 % 47 47 % Con Can .. 54 % 53 % 54 54 % Dav Chem . 50 % 40 % 50 % 48 % Fa-tn Play.. 81% 78% 79 % 81 %• Gen Asp .. 41% ... 40% 41% In Paper 50 % 49 50 % 50 % M A W ... 30 29% —29% 30 Pears-Roe . 95 % ... 95 95 % U S C I P. 97% 96 96 % 97 rS In Al. 72% 71% 73% 72% Woolwrth .114% 111 111% 115 rtilitlee— Am TAT. 123% ... 123 123% Con Gas . . 69 % 68 % 09 % 69 Col Gas .. 40% 39% 40%' 40% Shipping— Am In Cor. 22 % ... 22 % 22 % In M M pd 36% 35% 35% 35% Foods— Am Sug ..44% ••• 43% 44% Corn IV o 34% 33% 33% 33% CCSuGpd’. 61% ... 60% 61% Ponta Al .50% 60% 50% 50% Wilson Cos. 9% ... 9 9 Tobaccos Tob Pr 8.. 61% 60% 61% 60%
FRANGE-ENGLAND STILL DISAGREE Premiers Fail to Settle ■ Differences, By United Press PARIS, July 9. —Premiers Her- j riot and MacDonald failed to reach j an agreement at the conference on : Anglo-French unity, which lasted until early today. It would be, an exaggeration to say that the Franco-British entente again Is menaced, but 1% is apparent that the viewpoints of the premiers still are radically divergent. •A heated debate resulted from Herrlot’s insistence that Britain promise to assist France in event Germany defaults execution of the experts’ plan.j MacDonald refused to commit his government to joint sanctions. RAILROADS LOSE FIGHT Ordered to Cooperate on Switching . With Electric Line. e An Interstate Commerce Commission ruling that four steam railways of northern Indiana should enter Into reciprocal switching relations with the Chicago, Lake Shore & South Bend electric railway at Michigan City, Ipd., was sustained by three Federal judges Tuesday when they denied a petition for an injunction brought by the steam roads. The roads asking the injunction annulling the Interstate Commerce Commission’s order were the Chicago, Indianapolis & Louisville; the Michigan Central, the New York, Chicago & Louisville, and the Pere Marquette. Judges A. B. Anderson, Indianapolis: Samuel Alschujer, Chicago, and Walter C. Lkidley, Danville, 111., heard the case. TRIBUTE PAID MARINE Funeral Service of Benjamin Humphrey Brown Held Tuesday. Final tribue was paid to the memory of Benjamin Humphrey Brown, a captain of marines during the World War, when he was burled In | Crown Hill cemetery Tuesday. Captain Brown lived at 2010 N. Dearborn St., Indianapolis, but died in a Hospital in Champaign, 111. He, was a member of the Robert E. Kennington Post, American Legion, 1 who attended in a body. A firing squad from the U. S. j Marines Indianapolis Recruiting I Station, took part in the burial cere- \ mony. OFFICERS ARE PROMOTED Five National Guard Men Raised in Rank by Adjutant. Protnotions and appointments of five Indiana National Guard officers have been announced by the- War Department through Adjt. Gen. Harry B. Smith. Officers 'affetced: Capt. Frank L. | Gray, Engineers, Gary/* Ind., to major. Capt. Guy I. Hagerty, F. A., Muncie. Ind., to major. First Lieut. WUliam R. McHanna, Infantry, Delphi, to captain. Benjamin H. Drake, Sharpsville, to first lieutenant. Infantry. 1 Roy E. Gardner, Delphi, promoted to first lieutenant.
DOGS SCORE 25 CERTADVANCE Most Sales Made at $7,50 to s7,fco, —Hoe Brief* Day by Day— July Bulk Top Receipts 1. [email protected] 7.40 10.000 2. 7.105? 7.20 7.45 14,000 3. 7.36 @7.30 7.55 7,000 7. 7.25(47.30 7.50 11.500 8. 7.25(4 7.30 7.50 15,000 9. 7.50 @7.60 7.55 14,000 Strong demand carried heg prices the Indianapolis livestock market Wednesday, 15 to 25 cents higher, in spite of fairly large receipts of 14,000. An early run by shippers at only slightly higher prices, was said to have caused a little hard feeling among local accounts and as a re suit higher prices were established. The price range was from $7.50@ 7.65. Heavyweights were moving at $7.60® 7.65. The bulk of sales were made at [email protected]. The market was mostly a one priced "affair. Medium mixed lots were quoted at the same figure. Pigs were a quarter higher in accord with the generally higher market. They sold at $7 down to $5. Sows were higher at $6.75® 7 for smooth packers and 56.5<Kff6.75 for roughs. Lightweight porkers were selling at [email protected]. Light mixed hogs were moving at $7 @7.40. A third reason for the in crease was said to be the higher markets in other sections of the country, ’nterest held up well during the entire day. There were 107 holdovers from Tuesday. Cattle trading got away to a draggy rtar: with prices nominally steady with the day before. Receipts were estimated at 1,200. There was an Absence of choice stuff, only a few bringing top quotations. Good steers were fluctuating around the $9.50 level. Good cows moved up and down around $6.50. Good heifers were moving at $9.25. Butcher bulls seemed in demand and a small price pick-up was scored. Interest was stronger in the later morning. Trading In calves was uncertain, lut prices apparently held steady. One choice calf brought sls. Some were bringing sl2, but ti e ordinary top was $11.50 with the bulk of good calves going at sio.so@ll. Traders were predieting a lower market before the close. Receipts. 1.100. Receipts of 500 and lighter de mand, caused a lamb price drop of a half to a dollar. The b.st price paid for choice stock was sl2. Sheep fell eff 50 cents and the top price paid was $3.
—Hors— Obo!re lirht* $ 7 35 A 7.50 Light mixed 7.00'.i 7 40 Medium mixed 7.60® 7.60 Heavyweight* v 7 OOn 7.65 Pars 5.00 @ 7.00 Sows , 650 @ 7.00 —Cattle— Steer*. 1 250 lb*, up. choice,s 9.504110 00 Fair to rood B.oo'ft 8..50 Steer*, 1.100 to 1,200 lb*., choice 9.00*310.00 Steers 1.000 to 1.100 lb*., choice 9.50*310 00 Fair to pood 8 00*® 8.50 Choice heifers 8.25 *9 9 1.5 Common to fair hetfe; s .. 5.00*4 000 Baby beef heifers 8 004 9 00 Medium tosranmon cow* . . 3.50 4 4.50 Choiee i... 5 004 8.50 Canners . . 2.75*3 300 Ctioice lirht bull* 5 00*3 6.25 Choice heavy bull* 4.00® 500 —Calves—("Loire veal* ...... sllsO Good veals 7 50*3 850 Llvhlweight veals 7.25 Q 8.00 Common heavie* 600 4 6.50 Bulk of sales 10.50*31100 —Sheep and Lamb*— Extra choiee limbi sl2 OO Heavy iamb* 10 5041100 Cull lambs 6.004 7.00 Good to choice 3.50® 5.00 # Other Livestock CHICAGO July 9—Cattle—Receipts. 9.000 market fairly active: fed steer* strong, spots hlylier yearling* and better Ifrade beef cow* and heifers 16(i* 25c higher : early top strictly choice loin? fed bullocks. $11: numerous loads yearlings. $8.254 9.25; grassy cows slow steady: bulls lOfri loc higher: veal* steady; bid to packers sll. Sheep—Receipts. 0.000: marlot very slow: few fat native lambs early $13.25: around 25c off cull natives to small killers $9 4 9.50; steady: few fat ewes. $.745.75 steady: bulk ranye lambs uneven, no early sales. Hoys—Receipts, 28,000; market generally 10c higiier; top, *7 50 bulk. $6 8.54 7.40 heavyweight, 57.26@ 7.50: Btcdiuia- weight*, $7,204 7.45 lightweights $8.754 7.40: Itehtt light*. $.5 804 7.05: paoknig sow s, smooth. $0 504 0.90; packing sows, rough. SO.IO 46.50; slaughter pigs, $5.25 4 6.25.
Marriage Licenses Phillip Hester. 21. 521 W. Michigan, hotel work; Blanchie Hall. 19, #521 W. M chip an. B/ F. J. Johnstor. 38. R. R. V, Bridgeport. Ind.. section foreman: Ada M. Welker 39. Bridgeport. Ind. John T. Nolan 39. Sar. Antonio. Texas, trainman: Ernestine M. Ludwip. 39. Ulysses G. Wilson. 30. R. R A, box 294. private family; Vivian Bullitt, 25). 2454 Hovey. Sam Demarco, 44 030 Adelaide, janitor: Gladys H. De Mar, 30, 34 W. St. Clair, rear. / •Tames P. Guirl, 30. 2318 Prospect, foreman. Citizens Gas Company Mrs. Sad'e M. Carter. 28. 2118 Prospect, film inspector. Thomas R Brown. 55. Atlanta. Ind., farmer: Anna M. Archer. 57. Lawrence Ind. Lindsey B Huffer. 23. 402 N. Delaware St.. Kr sse Company: Elizabeth R. Ebrter, 18. 1057 W. Twenty-Second. Produce Markets Fresh egps, loss off, 24c; packing stock butter, 24c: fowls. 4V4 lbs. up, 21c: fowls, under 4>4 lbs., 17c; cocks. 11c; springers. 1924. 2-lb. sise, 32c; young tom turkeys. 12 lbs. up. 23c: young hen turkeys. 8 lbs. up. 23c: old tom turkeys. 18c; ducks. 4 lbs. up. 13c; old tom turkeys. 18c: ducks, 4 lbs. up. 13c: spring ducks. 4 lbs up. 17c; geese. 10 lbs. up. 11c; sauabs, 11 lbs. to dozen. 84. NEW YORK. July 9.—Flour—Fairly active. steady. Mess —$25.25® 26.25. Lard —Firm midwest spot. $11.50011.60. Sugar—Raw, easier: centrifugal, 96 test. 5.15 c: refined, quiet: granulated. 6.70® 7c. Coffffec —Rio spot. 16®16Vie: Santos No. 4. 19®20c. Tallow—Firm; special to extra. 7 2 < ®. 7 'gc. Hay—Firm: No. 1, $15.60; No. 3. sl3 ® 13.50. Dressed poultry—Quiet; turkeys. 20®40c: chickens, 28@33c: ducks 23c duck long islands. 22c. Live poultry—Easy; geese, 10® 14c; ducks. 13® 23c: fowls. 19® 23c; turkeys, 20® 30c: roosters. 14c: broilers. 28® 37c. Chese—Easy: state whole .milk, common to specials. 14® 26c: skims, choice to specials. 11 @ 13c; lower grades, 4@loc. Butter—Easier, receipts. 24.213: creamery extras. 4J V*c: special market. 42®42'ac; Danish. 43@44e; Argentine. 37®39c. Eggs—Qiflet: receipts, 36.195: nearby white, fancy. 40® 42c; nearby state whites, 27H ®3Pc; fresh firsts. 27® 32c: Pacific coasts. 31® 39c; western whites, 27%@39c; nearby browns. 34H@39c. Three Alleged Speeders field Three were arrested today on speeding charges. They were: William D. Gross. 26, of 319 E. FortyNinth St.; Thomas E. White, 27, of 55 S. Gray St., and Deward Baker, 21, colored, 721 Cgpter St. Murder Trial Set - m By United Prets TIPTON, Ind., July 9.—Trial of Robert M. Christy on a charge of murdering his crippled neighbor, James Barnett, was set today for Sept. 16. _*
THE INDIANAPOLIS TIMES
Romance in Thought That Letter Mailed Here ■ in Morning Reaches Pacific Coast Next Day
'~ 'n I (I WBHMBHr *.*•> . w n*- '•. . t
“T — |L,T HOUGH airplane mail has ceased to be a novelty, Mrs. Helen Gilliland, 3812 Graceland Ave., says there still is a thrill in the thought that a letter dropped into the air mail box
Rosetta Before and After
LEFT—ROSETTA DUNCAN AS THEATERGOERS IvNEW HER BEFORE HER ENCOUNTER WITH CICERO (ILL.) POLICE. RIGHT—ROSETTA AFTER THE FIGHT.
By XF4 Service 1 ; lICAGO, July 9. —Even a broken nose, a fractured 1 rib aad a flock of bruises can’t keep Rosetta Duncan away from her art. / Swathed in bandages, she limps out on the stage and starts in with her art A howl of approval goes up from the audience. And as the crowd cheers, Rosetta dances all the faster. ’
PHONE CO. SEEKS TO BLOCK STATE (Continued From Page 1) court interfering with Jurisdiction of the United States District Court or any of its lawful orders and,- judgments. 6. Interfering or attempting to interfere in any way with rates now charged. “Stale Set No Hates'’ The complaint asserts that the Federal Court injunction decree never has been vacated, modified or set aside, and that the public service commission took no steps between the data the decree was entered, June 23, and July 5, to fix p ny rate which the company might charge The rate announced by the company will yield less than 5 per cent on a fair value of its property, the complaint says. It is further charged that Lesh “at the request of the Governor, Emmett F. Branch, has Instituted an action in Superior Court of Marion County to compel this plaintiff to submit to continued confiscation of its property.” State courts are without jurisdiction and filing of the suit by Lesh Is an attempt at interference with Federal Court jurisdicition, and an attempt to litigate in State courts questions involved in causes decided by the United States District Court, the complaint says. The company is -willing to and expects to .appear 1 before the public service commission July 1G and presentl'its case on a valuation of the company's property at a hearing for that time, the complaint stated. Lawyers pointed out today that in the filing of the company's suit the ultimate injunction had been reached. As the case stands now, the telephone company is asking an injunction to prevent the State of Indiana from asking an injunction asking that rates established by a injunction be enjoined. Federal Judge Gebrge T. Page of
MRS HELEN GILLILAND
at Meridian and Washington Sts. at 6:50 a. m. today will reach Sat, Francisco, Cal., tomorrow evening or New York tomorrow morning. Postoffice officials say Tndianapoiis contributes about thirty letters a day to air mail. Postmaster
And these “burly cops" out at Cicero aren’t getting a word of sympathy from anybody. The bandages and the limp tell the story of Rosetta's little run-in with the law In Cicero. Rosetta and Vivian and their brother Harold were out for a littles drive. A policeman stopped their car for a traffic violation and made them go to the station. The chief of police insinuated the party had been ifrlnking. That
the United States Circuit Court of Appeals will hold court here Friday to rule on motions of the State to modify the injunct on decree granted by him in the telephone rate case. Dailey notified Edv.ard M. White, assistant attorney general of Indiana of Judge Page’s intention today. At tho same time Judge Page will in person answer the letter recently sent him by U. S. Lesh, attorney general, asking if the decree permits the company to disregard the section of Indiana law requiring public utilities to give thirty days notice of proposed rate changes and to obtain approval of the commission before putting them In effect. Appeal In Background It is believed that the State Is desirous of obtaining ruling on its motions immediately with a\iew to appealing the case of Judge Page to the United State Supreme Court. The motions on which Judge Page will rule asked th&t those sections of the decree permitting the company to charge such rates as would give it a fair return on its investment in the Indianapolis area and State at large be stricken out, and that the decree be so modified as to restrict it to forbidding the commission from enforcing rates established by it. The effect of this would be to hold the company within the bounds of rates asked~in its petition to the commission last year. The present rates are in excess erf those and also provide for service changes unauthorized by the commission. Attorney General Lesh was out of the city today and could not be reached. Meantime both aides prepared for the legal battle before Judge Linn D. Hay in Superior Court two Saturday in case the utility loses its move to block this case. The public service commission also went ahead with preparations for a hearing to begin July 16 to determine anew valuation of the company’s property and to thoroughly investigate all phases cf the measured service question. The board of directors of Indiana Chamber of Commerce went ahead with its discussion of the telephone situation today, although its members frankly adinitted that little or
Robert H. Bryson is trying to arrange a schedule w'hereby air mail may leave here at 11 a. m. and' catch the planes at ,Chicago or Cleveland. Mail is dispatched from here at 6:50 a. m. now.
made Rosetta angry. “Why, Vivian and I never take a drink," she says. "And we never smoke, either. “Why, we even refused to drink with tlie King of Spain at the Vanderbilt party for him in London. The king lifted his glass and asked us to drink. We told him we didn’t. “ ‘Might as well,' hej said.‘you may be dead tomorrow. But we refused, and we always refuse."
nothing was to bo accomplished. “In view Os the suits and counter suits that have been filed it is apparent to all that there is no chance of mediation. The fight seems to be one to the bitter end. and it has become a matter for the Courts and not for business organizations,” George H. 'Mosser, managing director, said. The chamber had extended invitations to mayors of mpre than sixty cities and representatives of the Indiana Bell Telephone Company and public service commission to attend its meeting today in an effort to settle the question amicably. Kutire Staff on Job The entire staff of utility experts of the commission probably will be used to gather information for the hearing, which opens July 16. In this the commission will have the cooperation of the Indianapolis Chamber of Commerce, which will gather information from Indianapolis business firms as to the working of measured service in actual use. Possibility of consolidation of telephone rate cases of several States on an appeal to United States Supreme Court, suggested in a letter received by Taylor E. Groninger, corporation counsel, from Gerald J. Wagner of Grand Rapids, Mich., a utility consultant. He suggested consolidation of the Indiana and Michigan cases. Several other States are said to be in the same boat with Indiana as far as the telephone situation is concerned. Among these are NeW’ York, Ohio and Tennessee. Evansville may carry/ on an independent fight against the rate increases as well as to cooperate with the rest of the State. According to press despatches Clarence Leich, wholesale druggist, of Evansville was to appear before the commission today and ask anew valuation of telephone property in that city Leich is president of the Evansville Chamber of Commerce. • He Didn’t Look “Natural” Leonard Hughes, 16, colored, 1352 fe. Pershing St., didn’t look natural with two hens under his arm when he approached A. M. Rubins, 604 W. Washington St„ to propose a sale, officers say. Hughes was slated on a vagrancy charge.
EMIGRATION INCREASES Immigration Into United States Show's Substantial Gain. By Times Special NEW YORK, July 9. —The movement of migration In 1923 shows a considerable increase as regards certain countries, according to statistics recently published by the International Labor office. The net emigration from Great Britain in 1923 was 198,678, as compared with 106,070 in 1922. Emigration from Italy increased from 134,517 in 1922 to 228,901 in 1923. In France the reverse is true. Immigration of alien workers into France increased from 183,472 in 1922 to 262,877 in 1923. * Immigration into the United States for the calendar year 1923 was 387,057, as comnared to 281.351 in 1922. and into Canada immigration increased from 46,690 for the year 1922 to 117,011 in the year 1923. BRAID ADVISES BOARDTO REPLY Commission Will Answer Extravagance Charge. The State highway commission todfiy was advised by Governor Em mett F. Branch to make an answer in writing to the recent accounts board report on the commission’s di vision of equipment in which gross extravagances and over payments of $50,000 were charged. The commission was in conference with Branch for two hours. Branch said he would make no statement until after the commission filed its answer with him. Commissioner Earl Crawford said the body would begin a formal answer at once. The Governor said he will take ac tion after the commission formally answers. STATE FLAG LOWERED Homage Paid to Dead Son of President Coolidge. Governor Emmett F. Branch's office announced that the Statehouse flag would be kept at half-mast between 3 and 4 p. m. *oday, the hour of funeral services for Calvin Coolidge Jr., son of the President, in Washington. Indianapolis Stocks —July 9 Bid. Ask. American Central Life 200 ... American Creosoliny Cos pfd. 97 % ... Advance Rnmely Cos com .7 9 Advance Rumely Cos pfd.. 32 35 •Belt R R com 78 79 Belt R R pfd . ,• 52 Century Bldy. Cos pfd 98 ... Cine* Service Cos pfd % ... Citizens Gas Cos mm 29 30 Citizens Gas Cos pfd 102% 106% Indiana Hotel cpm 100 ... Indiana Hojel pfd 100 ... Indiana Pipe Lino ... Indian* Title Guaranty Cos. . 90 100 Indpls Abattoir pfd 50 ••Indianapolis Gas 51 54 Indpls A Northwestern pfd. 31 ... Indpls & Southeastern pfd.. .. , 40 Indpls Street Ry 00 Indpls Tel Cos com 1 ... Indpls Bell Cos pfd 90 Mcr Pub Util Cos pfd 83 Public Savings Ins C 0.... 12 ... Rauh Fertilizer ptd 47 ... Standard Oil • 56 67% Sterling Fire Ins 10 ... T H I & E com 3 8 T H I 4-. F. pfd 15 T H Tr and Lt Cos ptd 90 94 Union Trae of Ind com 20 Union Trac of Ind 2d pfd. .. 5 Van Camp Prod Ist pfd.. .. 100 Van Camp Prod 2d pfd 100 Vandalia Coal Cos com 5 Vand&lia Coal Cos pfd 9 Wab RCo com 15% ... Wabash Ry Cos pfd 43 ...
Bonds Belt RRA-SY 4s. May. 1930. 82 ... Broad Ripple 6s. July. 1923 63 ... Cit Gas ss. July. 1942.... 90 91% Ctt Gas 7*. serial 102 104 Cit St Ry sb, May, ’33 83 88 Ind Coke & G 6s. April. '46 90 94 Ind Holel ss. July, 1931. . . 95 ... Ind Hotel Cos 2d 6s. draw.rlOO ... Ind North ss. Oct., 1928.. .. ... Ind Ry and I. ss. Jan.. ’43. .91 ... Ind Serv Corp os. Jan., '23. .. ... Indpls Al> Cos 7%5. Sep, '32.100 103 Indpls. Col A- Sos. Feb.. ’4B 98 100 Indpls Gas s*. Oct., 1915.. 90 90% Indpls L & II os April, 40 97% 99% Indpls A Mart ss. Jan., '32 49 64 Indpls Nor (Is. July. 1932. 40% 44 Indpls & Northwestern .... 46 50 Indpls ASK os. Jan., 1925 25 , ... Indpls A Sheibyville 30 ... Indpls St Ry 4s, Jan.. 1923 63% 64% Indpls TAT ss, Jan., '65. . 80 92 Indpls Unloivßy os. 98 ... Indpls Un Ry v 4% *. May, '2B- 99 Indpls Wa o%s. March, \>3 98 99% Indpls Water 4Vis 90 93 Ind Pub Serv 6s, April, 1943 90 95 T H I A E ss. Aug'.. '4.5. . 59 63 T II Trae and Light 5s .... 83 ... Un Trae of Ind 6*. July, '32 53 68 Bank Stocks Aetna Trust, and Savings C0..103 Bankers Trust Cos 110 ... City Trust Cos 102 ... Continental Nat Bank 105 110 Farmer* Trust Cos 206 Fidelity Trust C 0... 153 Fletcher Am Nat Bank... 138 142 Flctelier Sav and Tr Cos. . . .200 225 Ind'ana Nat Bank 254 257 Indiana Trust Cos 214 230 Live Stock Ex Bank 190 ... Mar Cos State Bank 150 ... Merchants Nat Bank 300 „ . . People State Bank 200 Security Trust Cos 170% ... State Sav and Tr Cos 101 113 Union Trust Cos 320 3,55 Wash Bank and Tr Cos 150 ... Liberty Bond* Liberty first 3%s 101.44 101.64 Liberty-first 4%s 102.08 102 28 Liberty 2nd 4%s 101.43 101.54 Liberty third 4% 8 102.20 102.30 Liberty fourth 4%* 102.18 102 26 U. S. Treasury 4%s 104.80 105.00 •Three per cent ex-dividend. '•Three per cent ex-dividend. Children of 8 and 9 years of age are employed In many Chinese factories.
Doubly Secure
Stable demand and steady income—distinguished features of electric service—give assurance of safety for utility investors. Competent authorities predict that in the next ten years the amount of electricity generated will triple and the industry’s gross revenue more, than double. The preferred Securities of Central Indiana Power Company 'have back of them a 12-year record of dividend payments. The Company’s operating subsidiaries supply essential electric service in 136 Indiana communities —and demand is rapMly increasing. I Shares are $92.50 each—cash or monthly payments. Dividends payable quarterly. Yield better than 7%%. Call, write or phone. INVESTMENT DEPARTMENT Central Indiana Power Company Its Subsidiaries Are: Merchants Heat and Light Cos. lVnbash Talley Electrie Cos. Northern Indiana Power Cos. Indiana Electric Corporation A Hoosier Institution
DE KEWDEADLOCK (Continued From Page 1) State instructions and vote for the candidate who has released him?” Mrs. Alexander Thompson of Portland, Ore., raised the question. Chairman Walsh responded by saying that regardless of the instructions, the matter of whether a delegate voted for a candidate or how long she voted for a candidate was one entirely between the delegate and the delegate’s conscience. This leaves the delegates free to vote for- whom they choose. Davis in Lead Pn the 101st v ballot J. W. Davis led the field with 316 votes. Underwood was second with 229 5 4- Meredith polled 130; Smith, 121; McAd*o, 52. At the end of the 101st ballot the r adopted a resolution endorsing the movement for a Woodvow Wilson memorial and one expressing sympathy with Senator 3nd Mrs. Ralston in the illness of their son Emmett. i J. W. Davis polled the highest vote on the Jo2nd ballot that has been registered except by McAdoo. He totaled 415 2-3. W. J. Bryan declared, however, that he was confident that “he had Davis stopped and that he could not be nominated. Bryan regarded the chances of Senator Walsh as becoming constantly* brighter. Walsh polled 123 votes on this ballot. Underwood was runner-up to Davis with 317. As the and^ r progressed the delegations filled up and the galleries also took on their regular convention jam. The same landmarks were to be found. Brother CharMe Bryan, Governor of Nebraska, sat in his black skull cap in his usual place directly at the front of the hall. Bryan hss now kept In this one spot for more than tw r o weeks. Women of the California delegation, who have been waving their banners and flags, furled their drygoods this afternoon and remained quiet. railroadsarF GIVEN WARNING (Continued From Page 1) he would file a manslaughter warrant against the responsible railroad official and pursue the practice in case there are other accident. Meanwhile Police Capt. Charles Sumner visited other crossings where municipal code is being vioI lated by failure to have flagmen on {duty at night, as discovered by a Times reporter Monday' night. Such crossings were on the Nickle Plate and Monon at Seventeenth, TwentyFifth, Sutherland Ave. and FortySecond St. Sumner is under orders of Rikhoff to personally order propeV railroad officials to comply with the ordinance. In case the officials cannot be reached Rikhoff will write letters. If, within a few dl|s, the flagmen still are not on duty arrests will be made, Rikhoff said. Failure to have flagmen on duty at required hours is punishable by fine of not more than S2OO and by up to ten days' imprisonment.
i FOREIGNERS FIND WORK ! Over 290,000 Persons Seek Employment in Devastated France By Times Special NEW YORK, July 9—Work was found in France for 297,000 foreign workers in 1923. Os this number 262.000 were entering France for the first time, according to statistics published by the International Labor Office. Os the 262.000 immigrants, 112000 were Italians, 50,000 Poles, 36,000 Spaniards, 33,000 Belgians and 11.000 Portugese. More than 40,000 of these foreigners were placed in employment in the building trades, 83.000 in agriculture and 51,000 in various branches of industry. There wer e 45.000 employed as laborers and 35,000 in coal and iron mines. VOfES COST $39,752.55 Primary Expense in County Filed With Election Board. The primary election cost Marion County $39,752.55. The figures were submitted to Geonge Healy, secretary of State boara of election commissioners. Printing of ballots and cost of other election supplies was $7,230.78. Maps cost $2,086.27. The board of election commissioners was paSd $2,400. Precinct boards received $15,881.52 and meals. Advertising cost $1,121.31. Canvass boards and watchers were paid $10,577. Carpenter work, postage and small item* totaled $455.61.
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