Indianapolis Times, Volume 36, Number 61, Indianapolis, Marion County, 19 July 1924 — Page 11

SATURDAY, JULY 19, 1924

GENERAL PRICE •RISE GOOD NEWS ' TO WALL STREET Wholesale Prices Reach Highest Level in Five' Months, Average Stock Prices Average price of industrial stocks Friday was 97.40 up. 55. Average price of twenty rail stocks was 88.60 up .60 new high 1024. Average price ot forty bonds was 00.79. NEW YORK. July 19.—Reviving optimism was the dominant note of the weekly mercantile reviews. For the first time in five months wholesale prices showed a preponderance of advances. Considerable cheerfulness was reported in general business as a resdlt of the higher levels in grain and the commodity markets and the rise In security values. Stocks continued to display a confident tone in the early dealings, with rails in best demand. Norfolk & Western was the leader of the standard carters, reaching new high ground on the movement at 124%. Opening prices included: Studebaker 36 7 1. tip % : New Haven 27 %. up % : Atchison 105%. up %: Norfolk and Wpi■Vr 124 H. up >S : American Water Works off '7 Bethlehem Steel 42**: GenElectric 244 s * . up \ : Southern Ra-1-way 65%. up % : V. S. Steel 100; Anaconda 31%, up % : Sinclair 16%. up %: Bock Island 36%. up % : A. T. & T. 123’*: Northern Pacific 65'-j. up %: Reading 58%. up % : Great Northern preferred 65%: American Can 116 %, up % : Cosden 26 %. Local Bank Clearings Indianapolis bank clearing’s Saturday amounted to 53.0?5.0(K>. Total for the week is $21.513,060. Debits amounted to 50.939,000. Totaai for week is $38,450,000. —*- New York Liberty Bonds —July 10— 3 % a 101.14 Ist 4% 102 102. 102. 2d 4%s 101 16 101.14 101.16 3d 4%a 102.6 102 5 102 6 4th 4% 102.5 102.3 107.5 New Gov 104.26 104.24 104.26 Foreign Exchange NEW YOBIC. July 19. rho foreign exchange market fblo*ed firm. Sterling. $4 38 1-16. up lo 16: fran.V 5.13 He. up .02 %c: lire. 4.31%e up ,06%c: Belgian fram-s. 459 %e. up .02c; marks. 4.210.000.000.000 to the dollar; Shanghai. 71 %c: Yokohama. 40.97 c; Russian 5.16 c, WHEAT SLUsViPS.

CORN ADVANCES Unfavorable Weather Keeps Corn Up, United Press ■fe'mie.VGO, July 19. —Grain fuJPPres went into another sinking spell at resumption of business on the Chicago Board of Trade today. Rains in the American and Canadian northwest brought genuine relief from dry conditions, early advices said. This led to liquidating In wheat. Rains and cool weather over parts, of the cehtral area kept corn on the advance. f v Oats fell off on improved Canadian news and weakness in wheat. Provisions opened unchanged. Chicago Grain Table —July 19— WHEAT— Prer. Open. High. Low Close. Close July 1.26 1.284 1.254 1.28 % 1.264 Sept. 1.244 1.27 1.23% 1.26 s * 1.24 TANARUS, Dec 1.28 1.29 4 1.26% 1.29% 1.27% CORN— July 109% 109% 1.09% 1.094 T. 094 Sept. 104 4 1 05 4 1.03 4 1.05 1.04 4 Dec. 92% .94% .92 .94 4 92 4 OATS— July .54 .54 4 .53 4 .53 4 .55 RIBS— Sept. .47% .48 4 .47 .48 .474 Dec. .49% .50 4 -48 4 .49 4 -49 4 LARD— July nom. .. .. 12.42 12.32 July 10.60 10.60 RYE— July .84% .85 4 .844 .85 4 .85 4 Sept. .85 86 4 .83 % 0 .86 4 -85 4 CHICAGO. July 19.—Carlot receipts were- Wheat. 84: corn. 120; oats. 71. -v Cash Grain Saturdays receipts. 79 ears. Prices quoted 41 %c basis to New York: hay on traek. Indianapolis. Bids for grain at the Indianapolis Board of Trade were: New wheat—Strong; No. 2 red, $1.21 **l 23: No. 2 hard. $1.2061.22. Bcora—Easier: No. 2 white. $1.07 >3 ”08 No. 3 white. [email protected]>7: No. 2 yellow, $106(31.08: No. 3 yellow, $1.05@ 1.07; No. 2 mixed, $1.04 @1.06; No. 3 mixed. SI 03 61.05. Oats —Steady: No. 2 white. 55@56c: Ms*. S white. 54 ft 55c. Hay—Steady: No. 1 timothy. s2o@ 20.60; No. 2 timothy. $19@19 50; No. 1 light dover mixed. ?19@ 19.50; No. 1 clover hay. $lB to 18.50. —lnspections Wheat—No. 1 red. 2 cars: No. 3 red, 1 car: No. 2 mixed. 1 car. Total. 4 cars. Com—No. 2 white, 11 cars: No. 3 white. 10 cars: No. 4 white, 7 cars; No. 6 white, 2 ears: No. 6 white. 1 car; sample white. 1 car; No. 2 yellow. 4 cars; No. 3 yellow. 20 cars: No. 4 yellow. 4 cars; No. 5 yellow, 1* ear: No. 6 yellow. 2 cars: sample yellow. 1 car; sample mixed. 1 car. Total, H.> cars. Oats—No. 3 white. 8 cars. Total. 8 cars. Hay—No. 1 timothy. 1 car; No. 2 timothy. 1 car. Total. 2 cars. CHICAGO. July 19.—Wheat—No. 2 hard. 51.271 b 1.27%. Com—No. 1 yellow. $1.12| @1.12%: No. 2 yellow. $1.12(31.124: No. 3 yellow, $1.10% @ 1.11 4. CornNo. 2 mixed. $1.114 31.12: No. 3 mixed. $1.10% @1.11: No. 5 mixed. $1.09. Oats —No. 3 white. 54@65%%: No. 4 white, 533.53 %c. Corn—No. 2 white, $1,12 4 @1.12 4-. Rye—No. 1,*86 4c. Timothy—sß[email protected]. Clover —$12320.50. TOLEDO. 0.. July 19.—Close: Wheat— Cash. 51.3111 r 1.32. Com—No. 2 sl. 3<rj 1.19: No. 3. [email protected]. live—Bsc. lata —No. 2, 61 h62c: No. 3.60361 c. Barley—39c. Cloverseed—s!t-’4O: October, sl3 60; December. $12.90. Timothy—s3.Bo; September. $4.30: October. $4.10: March. $4 40. Alsike —$10.80; August. sl2: October. $11.75. Butter—42 @ 43c. Eggs—27 @ 28c. Hay—s3o. - ST. LOUIS. July 19.—Corn—No 2 white $1.15: No. 3 white. '61.1331 14: No. 4 white. $1.12: July. $111',: September. $105%' December. 93 %c. Oai9— No. 2 white, SS@SB 4c; No. 3 white. 57 358 c; No. 4 white. 57Vac: July. 56c. Wheat—July. $1.24: September. $1.25%: December. $1,28:. No. 1 new red. $1.42 @ 1.43: No. 2 new- red. $1.40: No. 3 new red. $1.37 @1.40. No hard. Chicago Stocks (By Thomson & McKinnon) —July 19— Open. High. Low. Close. Com/Edisn.l27% 127 4 127 4 127 4 Swift * Cos. 101% 102 101% 102 Swift Inti ."-19 % 20 19% 20 Stew-Wam 53 5.3 51 53 Cn Carbide 58% 58% 584 58 4 J R Thmsn 46 4 46 4 46 46 Wahl 23 25% -23 25% Wrig’ey .. 39

New York Stocks

(By Thomson & McKinnon) —July 19— Railroads— Prev. High. Low. Close. close. Atchison ..105 4 105 4 105 4 105% BAO 004 60% 604 60 4 C& O 85 4-. . . , 85 85 C&NWR6I4 ... 60% 60 4 C. R&P... 36 4 35 % 36 364 Erie 31% 314 314 %G N pfd. 05 4 ... 65 4 65 4 Lehigh V.. 49 4 49 4 49 4 49Vi M P pfd... 49% 49 49 48% N Y Cen. . .107 4 ..’. 107 4 107 4 KY.NH4H. . 28 274 28 2661 N& W 124% 123 4 123% 124 4 No. Pac.. .. 63 4 ... 65 65 Pennsylv... 48 4 .•. 45 4 45 % Pere Marq ... ... ... 64% So Ry 65 4 ... 64 4 64% So Pac..... 94 4 ... 94 4 94 % St P pfd... 27 4 27 4 27 4 27 4 St-L &S W 44 % 7. . 44 4 43 4 Union Pac.l3B 137% 138 137% Wab pld ..45 4 . * 44 % 45 % Goodyr pfd. 55 54 4 55 53 4 , K-S 154 14% 15 14 4 U S Rub. . . 30 29 29 4 28% Equipments— Am Loc.. . 79 s * 79 V* 79 4 , 79 Bald Loc. . .116% 1154 116 1104 Gen E1ec...247% 244% 247% 244 Pullman ..124 123 125% 125 West Elec. . 62 4 62% 62 4 62 4 Steels— Bethlehem .42 % 42 % 42 % 42 % Colo Fuel.. 46'* ... 454 46 Crucible . . 52 % 62 4 52 % 52 4 Gulf States 69 4 66% 69 4 S>4 U S Steel .100 4 99% 100 100 Motors— Am Bosch. 28 4 ... 28 4 ... I Gen Motors 14 4 ... 14Vs 14 4 Max Mot A 49 4 *9 4 49 4 49% Max Mot 812 4 ... 12 4 12 4 atudebaker. 37 36% 37 30 % Stew-Warn 62 % 51 % 51 % 63 4 Timken ... 33 % 33 4 33 % 33 % Yellow Mfg. . . * ... ... * 53 Vi . . Minings— Gt Nor Or* 29 % ... 204 29 4 lilt Nickel. 18% 17 Vi 18 17 -Yex G and 8 71% 71 Vi 71% 70% Coppers— V Am Smelt. 68% 67% 68% 67% Anaconda . 32 'll 31 4 32 % 31 4 Kennecott. 41% 41% 41 % 41% U S Smelt 28 27 28 26% Oils— Cal Petrol. 214 214 214 214 Cosden ... 26 % 264 26 % 26 % Mariand Oil 30 4 •••4 30% 30% Pan-A Pete 52 4 514 52 50% P-A Pete B 51 49% 50% 49% Pacific OU. 48 ... 47 % 47 % Pro and Ref 25% ... 25% 25 4 Pure Oil.. 20% ... 20% 20% S Oil of Cal 67 ... 57 6T\ S Oil of N J 34 ... 34 84% Sinclair . .-r 16% 16 16% Hi% Texas Cos . 39 4 38 % 39 4 ... Trans Oil.. 44 4% 44 4% Industrials— Allied Chm 76% 76 4 76 4 76% Am Can . 117% 116% 1174 1164 Am Woolen 70 ... 70 70 4 Coca Cola. . 71% ... I 71 714 Consoleum.. 47 4 46 46% 44 4 Coq* Can. . 54% 54% 54% 54% Davison Ch 60% 69% 59% 60% Fam Play. 80'* ... 80', 80 4 Gen Asphalt 42 % 42% 42% 42% Inter Pap.. 55% 54% 65% 55 Mont A W. 29% 29% 29% 29% rears-Roe . 95 ... 91% 94% U S C I P. . P 9 % 99 99 % 99 C S In A!.. 71 % 714 71 4 72 Utilities— Am TANARUS& T. 123% 123% 123% 123 % Con. Gas... 70% 70% 70% 70V, Columbia G. 41 % ... 41 4^% Shipping— Am Int Cor 23% 23% 23% 23% In M M pfd 39 38% 3S Vi 36 % Foods— Am Sugra.. 42% 42 42% .. - Com Prod 34% 34 % 34 % 34 % C C Sg pfd 60% 59% 50 60% C-Ara Sg. . 29 V* ... 29 Vi 29 % Punta Ale.. 49% 49% 49 4 49% Tobaccos— Tob P (B) 63% 62% 62% 62% INCREASED EXPORTS GGOD FACTOR IN TRADE Auto Chamber of Commerce Expect* Flourishing Fall Market. June production of motor vehicles, reported recently at a meeting of the directors of the national automobile Chamber of Commerce in Buffalo, X. Y., brought the total for the first six months' of this year up to 2.002,084 or within 1% per cent of the number made in the first half of 1923, which was 2,031,093. June figures based, on shipping reports' is 249.868. favorable factor in the auto.mobile trade Is the steady increase ; n exports which reached anew high tQtal in May. Passenger cars exported from the United States and Canadian plants in. which the United Slates is financially Interested totaled 18,665. Truck figures was 3.800. Assemblies of American cars in foreign lands reached 12.850. Excellent prospects for cotton in parts of the South, favorable crop outlook In the corn and wheat belts, and good fanning conditions in New England are expected to strengthen the fall market.

Produce Markets

Vresh eexs. loss oH. 25c; packing stock buttpr. 24--: fowls. 4% lbe. up. 21c: fowis. under 4% lbs., 17c: cocks. 11c; springers. 1924. 2-lb. size, 30c: Leghorn poultry, 25 per cent discount: young tom turkeys 12 lbs. up. 23c: young hen turkeys. 8 lbs. up. 23e: old tom tiirkeyr'lßc: ducks. 4 lbs. up, 13c: spring ducks, 4 lbs. j up. 15r; geese. 10 lbs up. lie; squabs. 111 ibs. to dozen. 54. X CLEVELAND. 0., July 19.—Produce: Butter extra in tubs. 42 @ 43c; extra firsts. 40@ 41c; firsts. 38@39c: packing stocks, 24 @ 26c: standard. 40@41c; prints lc extra. Eggs—Fresh gathered northern extras. 30c: extra firsts. 29c; Ohio firsts. 27c; western firsts, 26c. Poultry—Live fat fowls. 22 <& 24c: Leghorns. 25 @ 27c; Leghorn fowls. 17 iff 18c; roosters. 13 @ 14c: heavy broilers. 35@37c: heavy 22c. Potatoes —Virginia No. 1 Cobblers, $3.25 @3.50. CHICAGO, July 19.—Cheese—Twins. 17 % @ 18e: Young Americas, 19c. Poul-try-—Receipts. 7 carl; fowls. 16(@20%c; ducks. 16c; springs, 19c: gcee, 12c; springs, 18c: turkeys. 20c: roosters, 14c; broilers. 28@35p. Potatoes—Receipts, 174 cars: Kansas and Missouri Irish cobblers. $1.40(@1 75: Early Ohio*. $1.35(@ 1.50: North Carolina Cobblers. 52 @2.65; Virginia Cobblers, $2.75 @3.10. NEW YORK, July 19.—Flour —Quiet and firm. Pork—Steady. Mess—s26'<J 27. Lard—Easier: midwest spot, $12.90@18 Sugar—Raw. quiet: 5.02 c; refined, quiet; granulated. [email protected], Coffee-- ? Rio spot. 17c; Santos No. 4. 21 @ 22c. i Tallow— Steady; special to extra. 7%@Z%a Hay —Quiet: No. 1. $15.50; No. 3. $12.50-@ 13.50. Dressed poultry—Firm. Turkeys—20@3flc. Chickens—-33 @ 43c. Fowls—--16 @ 30c. Ducks —23c. Ducks, Long Island, 22a Live poultry—Steady. Geese —lo(>il4c. Ducks—l3@ 24c. Fowls—l 9 @ 23c Turkeys—2o@3oe. Roosters—14c. Broilers—3o @ 38c. Cheese—Steady. State whole rni'k. common to specials—--14 @ 26c. State skims, choice to specials—11® 13c; lower grades. 4 @ 10c. Butter — Quiet: creamery extras, 40i,c: special market, 41 ’* e; Danish. 43 @4314 c; Argentine. 37%@39a Eggs—Firmer; nearby white fancy. 41 @ 44c: nearby State whites, 28@ 40c- French firsts. 23@36c; Pacific coasts. 31 @39; western whites, 28@40; nearby browns. 30@42e. Tank Wagon Prices (Gasoline prices do not include Stats tax of 2c a gallon.) __ GASOLINE- —Energee, 22c a gallon; PuroL 17.2: Red Crown. 18.2 c; Diamond. 18.2 c; Silver Flash. 23c; Standollnd aviation. 23c. KEROSENE—Crystaline. 12.7 a gallon: Moore Light. 15.5 c; Arclite, 12,7c_.Perfection, 12.7 c: Solvent. 35c. NAPTHA—Lion Power Cleaners. 22.6 c a gallon: V. M. & P.. 22.5 c; Standolind Cleaners. 23.6 c. New York Curb Market Dubliers 50% @ 50% Indiana Pipe 91 <@ 93 Mutual Oil 10% 0 10% Ohio Oil 59 00 Prairie Oil and Gas 202 <-} 203 Prairie Pipe 103 @ 103 % Royal Canadian . 5 (@ 5% Stutz .- 7 @ 7% Standard Oil. Indiana 55%(@ 55% Standard Oil. Kansas 39 fi 4C Standard Oil, Ky.... 110 @lll Standard OU. N. Y 38 % 0 38% Vacuum Oil 61 @ 61%

ANOTHER RISE IN GOG PRICES Rise of 40 Cts, Today Brings Week’s Increase to sl. —Hog, Prices Day by Day—— July Bulk Top Receipts 14. [email protected] 76a 9.000 15. 7.65 <3 7.75 7.85 13,000 16. 7.85 7.90 12.000 17 8.10 SIR 8,000 18’ 8.10 8.10 10,000 19! 8.50 8.50 \ 7.000 With an increased demand for pork and an anticipated shortage of hogs within a few weeks, hog prices took an additional increase of 35 and 40 cents Saturday at the Indianapolis stock exchange. Hogs wero generally moving at $8.50 a hundredweight. Traders reaffirmed theif recent assertion for the steady increase. that the increase in the price of corn is necessitating the upward trend in hog prices. One trader asserted that $1 corn should mean $lO hogs. Corn is now selling a| $1.25 a bushel. Pigs were movilfgj at a price range of [email protected], an increase of 50 cents over Friday’s price. A 25-cent j%mp was registered in sows which were selling from $7.25 roughs. Light mixed lots were movi ing at a range of $7. arf& light lots at SS.SO. Receipts wero 7,000 with 148 holdovers. This week has seen a total increase of $1 in local hog prices. Hogs had a price rahge of $7.40 to $7.50 last Saturday. Hog Receipts showed a considerable decrease. Largest number registered was on Tuesday, when 13,000 hogs passed jthrongh the local pen?;/ Cattle market was unusuallly quiet. While the market was steady with 400 receipts there were no steer trading at the opening. Cows and heifers were steady with a price range of $8.50 to $9.25. „ The sheep and lamb market was experiencing a slight lull, following a fairly active week. Market was steady, with lamb tops at sl4 and sheep top at $6. In keeping with the cattle and sheep markets the lamb market underwent a quiet day. Bulk ot, sales were moving at $lO, with a top price of $10.50. Several lots were moving at $9.50. Receipts were 300. —Hoc* — Choirs lights $ 8.50 Light mixed 7,75(8 8.50 Medium mixed 8.50 Heavyweights 8.50 Piss 6 00*8 7 75 Sows 7.oo‘sJ 7.50 ■ 1 -C at tls Steers. 1.250 lbs. up. cholee.slo 25 @lO 50 Fair to good - 6.00 @ 8.50 Steer? 1.000 to 1.200 iba . ohoiee [email protected] Fair to good ...... B.ooft A 8.50 Choice hetfors 8.50 Si 9.25 Common to fair heifers ... 6 ,>o@ 600 B3by beef heifers >.. . 6,00@ 900 Medium to common cows... 3.50® 4.50 Cho'ee 6.00 3 6.50 Canners 2 75 @ 3.00 Choice light bulls 5 00® 5.25 heavy bulls 4.00 @ 5.50 —Calves— Choice veals $ 7.50 @10.50 Good veals * 7.25 @ 8 00 Common heavies ", 000 58 6.50 Bulk of sales 9.50 —.Sheep and Lambs— , Extra choice lambs $13.90 >8 14 00 Heavy lambs . 10 50<ftll 00 Cull lambs O.OOVt 7.00 Good to choice ewes 3.50@ 6.^0 Other Livestock EAST BUFFALO. July 19—Cattle—Receipts. 250: market slow and steady: shipping steers. [email protected]; butcher grades. s7@ 8.75; cows.. s'i_o6.7s. Calves —Receipts, 150: market, acrTXe. steady: cull to choice, $3.50@ 12.50. Sheep and lambs—Receipts, 400; market, slow steady, choice lambs. 5144J14 50: culi to fair sß (q 13 50; i arliugs s7® 10 50: sheep. s3 'a 8.50. ffloxs —Receipts. 3 200: market, active, steady, 5c lower: Yorkers. $7it8.55: ptg. $7; mixed. $8 50 418.55: heavy. $8 50@ 8.75; roughs- $6 @6 50; stags. $3 60(24.'>0 CLEVELAND. July 19.—Hogs—Receipts. 2.000. market, active: Yorkers. $8.50; mixed. $8.50: medium. $8.60iV4i.75; pigs. $7. roughs. $6 50: slags. $5. Cattle—Receipts. 500: market, slow, unchanged. Sheep and lambs—Receipts. 300; market steady: top. sl4. n'alvcs—Receipts, 500; raar.iot. sbc lower %top, 511. TOLEDO. July 19.—Hogs—Receipts, light: market, higher; heavies. 58.25@ 8.35; medium. $8 [email protected]; Yorkers. $8.40 @ 8 50; good pigs. $6 50G6.75. Calves— Market. *>t ady. Sheep and lambs—Market, steady. CINCINNATI, July 19.—Cattle—Receipts. 475; market, slow; shipping Rteers. good to choice. $7 75 it 9.2.5. Calves— Market steady; good to choice. s9® 10. Hogs—Receipts. 1.400; marljct. strong: good to choice packers and butchers, $8.30. Sheep—Receipts. 1.600: market, strong; good to choii-e. $4.50(116. Lambs —Market, steady: good to choice. $14.50 @ls. PITTSBURGH, July 19.—Cattle—Receipts. light market, steady; choice. $9.75 @10: good. $9.1-5 @ 9.40: fair. [email protected]: veal valves. $11.50@12. Sheep and lambs —Receipts, light; market, st'-ady. prime wethers. $7 @7.50; good. $0.25@H75: fair mixed. $.">*,5.75: lambs s9@l4. Hogs —Receipts, 17 double deckers: market, steady; prime heavy. $8 [email protected]: medium, 8.05; heat/ Yorkerv, [email protected]; light Yorkers. $7 25 @7.50: pigs. $7 @7.15: roughs $5.50 @ 0.50, stags. $3 ft 3 50.

Marriage Licenses Ra>-nond R. Haffner, 30. Indianapolis, attorney; Lorena M. Ray, 27. 38t9 N. Delaware, teaching. Roger R. Mathews. 23. 1305 Comar, steel worker; Geraldine V. Cameron. 10, j 2114 S. State, candy factory. William H Walden. 41. saw filer; Sarah I J. Pearcy 43. millinery. Paul X. Stdckdale. 28, 131 E. Sixteenth, ! illustrator: Frances C. Craig, 24, 1006 N. j Pennsylvania, stenographer. John Westerulorf. 27. Mt. Angel. Ore., preacher;’ Hula -Schleicher, 20, 403 N. j Davidson, typist. Raymond Worley. 29. 245 N. Capitol, waiter: Alice C. Rossone, 20, 533 E. North, manicurist. Births Boys Sheelev and Roberta Brower, 209 Minerva. % Charles and Ellen Shlnkle, 758 N. Sheffield. Edward end Myrtle Sherron, 2410% Southeastern. John and Margaret Murphy. 96 N. Dearborn. Lester and Luclle Winter, Methodist Hospital. Fred and Loryno Stanford, Long Hospital. John and Georgia Bowsley, 2805 Columbia. Albert and Genevieve May, 314 N. Pine. Girls Dooley and Laura Cooper. Methodist Hospital. Harley and Lulu Bomman. 702 EVGeorgia. Ernest and Mina Weyretter, 2104 Napoleon. and Hallene Butrum. 644 Birch. Herbert and Caroline James. 542 N. Bosart. Jake and Rachel Nahmis, Long Hospital. Deaths Teresa Burns. 34, 10 Bungalow Park. acute myocarditis. Stella F. Akins, 29, <4ty hospital, peritonitis. Clarence Rife, 45, Twenty-First and Belt Railway, chronic myocarditis. Eunice Juanita Moore, 1, Methodist Hospital, bronchial pneumonia. Lydia Barker, 23, 328 N. West, acute myocarditis. Jessie Pratt, 74. 1521 N. Pennsylvania, pu’monary tuberculosis. William J. Crager, 58, Methodist Hospital. chronic nephritis. Bond Issue Approved Request for permission to issue $50,000 worth of bonds for improvements was made by the Linton Gas and Coal Company of Linton, Ind., today before the public service commission.

THE INDIANAPOLIS TIMES

Heads Kiwanis This Is the latest picture ol Victor M. Johnson, new president of Kiwanis International. He lives in Ijpock Island, 111.

U. S. POPULATION NOW ESTIMATED OVERlip® Census Bureau Accredits Indianapolis With 350,425 Residents, Ry United Press WASHINGTON, July 19.—The population of the United States has passed the 112,000,000 mark, according to estimates of population of principal cities just completed by the United States Census Bureau. Nexv York City, of course, leads the country with 6,015,504, but the figures show some interesting shifts Jn the ranking of cities. Population of Indianapolis is estimated at 330,425. There ary now seventy-nine cities with more than one hundred thousand population as compared with six-ty-eight last year. Chicago istound to be approaching the l*hree million mark while Philadelphia, with nearly two million, and Cleveland just short of one nv’llou, rhow continued growth. The popiarion of Detroit is not given, i _ Among other cities listed areCanton, Ohio, l/)2 754; Chicago, 2,939.605: Cincinnati, 107.835; Cleveland, 972.302; Columbus, Ohio, 266,709: Dayton, Ohio, 119,236; Grand Rapids, Mich, 148,3*2; Louisville, Ky., 258,465; St. Louis. 812,698: Toledo, 276,359; Indianapolis, 350,425; Kansas City, Mo., 359,650; Memphis, Tenn.. 172,276: Milwaukee, 492,087; Minneapolis, 417,280; New Orleans, 409,531; San Francisco, 545.284.

BANDIES VISIT THIRTEEN PLACES IN TWO TOWNS X Stores, Restaurants and Rail Stations Looted in Hoosier Villages, By Times Special GREENCASTLEt Ind.. July 19. Automobile bandits early tod'.RV raided Russellville and Brown’s Valley, north of here,-robbing: every business house in both totvns, including these railroad stations and the postoffices. Thirteen places were visited. Amount of loot obtained is not known. No one saw the bandits and the exact number that toqk part is not known, although from the amount of gasoline'stolen from one of the pumps at Russellville it is believed that three cars were used. No safes were blown. Only cash registers and money lying around the places were taken. Merchandise was carried off from one of the groceries and one of the restaurants. Authorities believe the bandits are convicts who escaped Sunday from the Stat- penal farm. Nine are known to he at large. Postoffce inspectors were summoned immediately frorn Indianapolis. -The bandits' 'obtained S3O, it is known, e.t the Russellville postofflee. Stores robbed at Russellville include Srencer’s hardware store, Inger’s* grocery, East Side restaurant, West Side restaurant, Watkins’ grocery, Gardner’s drug store, grain elevator, the C. I. & W. station and the postofflee. At Brown’s Valley, general store, postofflee, elevator and railroad station. Sheriff Leslie Sears and deputies were acouring the territory today }n search of, the men. Hay Market Prices Wagon loacfilot prices hay and grain at Indianapolis are as follows: Timothy—slß@22 a ton; mixed. s2o(@ 22; baled. $18@22. Corn —83@85c a buehel. Oats —50® 52c a/bushel. Straw —Wheat, $9 @ll a ton. New York Cotton Ftures Open. High. Low. Close. January 25.17 25.20 24.88 24.98 March 25.45 25.40 25.17 25.26 May 25.55 25.58 26.35 25.35 July 31.45 31.00 31.40 81.50 October 26.25 26.25 25:88 25.95 December ...25.32 25.33 25.01 25.07 Prisoner Escapes From Farm Thomas Burton, sentenced July 15 here on a charge of carrying concealed weapons, escaped from the Indiana State farm early today, police were told. * Injuries Are' Fatal By Times Special HARTFORD CITY. Ind.. July 19— Injuries received two weeks ago in an auto accidentwere fatal to Henry Schmidt, 47. of Ft. Wayne.

INDORSE LA FOLLETTE By United Press DETROIT, Mich., July 19.—Senator Robert M. La Follette was unanimously indorsed for President by national officers and general'chairmen of the United Brotherhood of Maintenance of Way Employes and Railway Shop Laborers at their annual meeting here. The officers represent 300,000 maintenance of way employes. The officers plan to take an active, part in the La Follette campaign. Workers are urged to send in small contributions to the campaign fund. MURDERSCENE , ispupfa (Continued From Page I) through the exclusive* residential section of Chicago's South Side. With*n a few minutes after Robert got into car one of the boys struck him over the head with a cloth-bound chisel. Then they drove over the Chicago city limit3, across the county ami State line into Indiana. They htfd prepared gags and hod brought hydrochloric acid with them to end the their victim. When the reached a quiet point along a country road near Hessviile, Ind.. they prepared to undress Robert a nd put the finishing touches on their crime. Heer it was, according to their confessions, that they found for the first time that Robert was dead. Whether he died a few minutes afier he was struck -on the head or whether he died .fter they crossed the State line into Indiana, no person is able' to tell, Darrow holds. Finding tljat death had come sooner than expected to their victim, Leopold and Loel) drove back into Illinois and concealed the body under a railroad culvert near the Chicago city limits. • Since their confessions do not state where Franks died, there is no conclusive evidence Franks was killed in Illinois, according to Darrow. If the iGoy was assaulted in Illinois and died in Indiana, the case belongs in an Indiana court. But if the case were transferred from CJiieago to Gary or some other Indiana city, it would be just as impossible to prove thaj. Franks died in that State, the defense insists. This comprises a barrier which the defense claims will forever stand between the-slayers and the gallows. At the preliminary hearing next Monday, whon afll motions in the case will be heard by Chief Justice John R. Oaverly. Da row will make the customary motions —to quash the indictments and to postpone the trial. But if the tufnl is ordered for Aug. 4, as scheduled, the defense will be ready, Darrow said. Meanwhile, the defense was preparing the ammunition for its first *'big gun,” a plea that Leopold and Loeb are Insane and therefore not responsible for thelf crime. The findings of more than a dozen alienists who have been examining the defendants several weeks were being thrown together Into such language as any Jury could comprehend. Technical phrases will be used as little as possible, allegores and symbolisms being substituted Both Insane Both Leopold and Loeb are insane, the defense will argue, but their in sanity lies alqng different lines and it was in the fusion of their mental states that the brutal murder of Robert Franks was made possible. One symbolism, certain to be used, is as follows: Hydrogen and- oxygen are two gases—bo’th harmless in themselves. But when the two gases are unite! chemically, a tiny spark will ciuse them to explode. “Leopold and Loeb, although both sve insane, would be harmless alone, but when their disjointed person,ali ties were fused and then set off by the . spark of their subconscious minds, the result was the killing of the Franks boy.” By this argument—and many others—the defense hopes to convince the jury that Leopold and l-u-vb 'should not be hanged, but should be placed in an insane asylum.

PARK BOARD MAY GO TO LAW BODY Consider Asking Increase of Bonded Limit, With the bonded limit of their indebtedness being reached, members of the city park board are considering asking ti)e 1925 State Legislature to increase the limit-from % of 1 per cent to at least 1 per cent of the total city valuation. “We are starting a park program in the city that must be completed,” said one official o's the park board. “Yet we are blocked by the legal limit of the State. Ir.dianapojis has a great chance to have the best park system in the country if plans can be carried out.” Outstanding bonds of the park board now total $2,525,500, which is less than $500,000 of the bonded limit of $3,092,222.30. A 1 per cent limit would give the park department more than $6,300,000 on the present estimated property valuation of the city. Development of boulevards, construction of swimming pools and purchase of playground and park property has caused frequent park bond issues in the Shank administration. FARMER KILLS ~SELF Indianian Stops Vacation Preparations tp End Life. By United Press GARY, Ind., July 19.—Alex M. Boyd, 35, wealthy farmer of Merrillville today shot and fatally wounded himself at his home in the presence’ of his bride. He died in a Gary hospital. Boyd was packing his trunk for a cation and the suicide is unexplained. He was a Republican leader ip his community.

WHEELERACCEPTS OFFERQFSECOND PLACE ON TICKET * Senator Will Run With La Follette in Fail Election. • , By United Press WASHINGTON, July 19.—Burton K. Wheeler, Democratic 'Senator from Montana, today formally announced his acceptance of the independent nomination for Vice President to run with Senator Robert M. La Follette. In a statement from his office. Wheeler made known his to take the nomination formally tendered him yesterday by the conference for Progressive Political Aotion. Wheeler accepted the nomination at the urgent solicitation of Senator La Follette, independent candidate for President. \ Sends Letter Wheeler announced his acceptance of the nomination in a letter to national committee of the conference for Progressive Political Action. In accepting the call Wheleer reaffirmed his faith in the democracy of Thomas Jefferson., “I am a Democrat, but not a Wall Street Democrat,” h esaid. “I shall give my support and whatever influence I may possess to those candidates for office who have proved tneir fidelity to the Interests of the people wherever they may be found, but I shall oppose every man on whatever ticket he may appear who bears the brand of the dollar sign.” The fdhegoing paragraph was accepted as announcement he .would support his colleague. Senator Thomas J. tYalsh, who Is running for re-election to the Senate in Montana this fall and that he would not oppose, and would probably aid. other progressive Democrats. Convention Scored Wheeler denounced the Democratic convention, declaring it lost sight of the fundamental principles of democracy and ignored the great economic issues of the hour. “While the farmers of the entire nation are facing bankruptcy, labor unemployed, business depressed and a large majority of citizens suffering from sinister exploitation, the Republican and Democratic parties in conventions ignored the call of the unorganized millions who are victims of the present economic disoiiier and leaders whose :training and whose sympathies and wV>se social and political associations are with the great predatory interests,” the letter continued.

SHANK CUTS CITY LEVY 43 CENTS (Continued -From Page 1) by city officials to -attend conventions. “After this year we’re done for, and my appointees don’t need to worry about their work. The next administration will remove them.” Salary Boosts Barred Anneunclng that salary fund increases would not be permitted, the mayor sliced off $56,322.50 from the police force request bringing a death knell on Chief Rikhoff’s hopes to have more policemen. As the news of the mayor's rampage spread through tTie city hall, officials rushed to his office in the hope of saving their requests. “We’re ruined if you cut us a cent,” was the universal cry. • R. Walter Jarvis pleaded with the umayor for half an hour to give the park board 7.5 cents on their levy. They' had asked for eight .and received 7 cents. Jarvis said the red via? ion would stop the I'laygrpund and park de velopment of the city. The. mayor promised to consider the request. John F. Walker, superintendent of street cleaning, saw his hopes go up In smoke when the mayor struck out a request of $13,000 for new street cleaning equipment. He also cut Walker’s SSOO salary increase request. The general fund cuts included $20,000 for election expenses. The city had asked for SIOO,OOO for the 1925 city primary- The street commissioners’ office was cut $15,000, In addition to SIO,OOO reduction for sewer maintenance, and SIO,OOO for road oil. "Coal will be cheaper next year—we hope,” said the mayor, as be reduced the fire department request for coal $5,000. The mayor- cut 1,556.25 from the asphalt repair department for labor. Sees Cheaper Labor He Said he believed labor would be cheaper next year. Various reductions in the tax levy were ordered by the mayor, the most sweeping Including the 7-cent cut in the general fund, elimination of track elevation fund. 2-cent sanitary board cut, and 2-cent reduction for street resurfacing. / Tables showing the tax rate this year, the amounts asked for 1925, and the new rate fixed by the mayor follow: 1924 Asked Rcductipn Fund rate 1925 by maytir (cents) (Cents) (cents) General 65. 58. City sinking 8. 8. 7. Track elevation... .5 1.6 .... • Park board 8. 8. 7.5 Park sinking .... 2.35 4.5 -4.5 Recreation 1.5 2. 1.5 Health b0ard...,.. 10. 10. 9. School health .... 1.5 1.5 1. Tuberculosis 1. .5 .5 F:r& pension ..... .8 .8 .5 Police pension ... .8 .8 Y .5 Flood prevention .... 1. .... (sinking:) Sanitary board .. 9.5 11.5 9.5 War memorial . . 1.5, 1.5 1.5 Street resurfacing.' 2. 5. 3. Street widening .. 1.5 2. 1. Improvem’t sink. .4 .... .... Totals $1.0875 $1,236 $1,045 Tire Company Moves The Lincoln Tire Company, formerly at 223 N. Illinois St., has moved into anew building erected for it at 906-8 N. Capitol Ave.

Accepts $ SENATOJJ WHEELER Senator Burton K. Wheeler, Democrat, of Montana, has decided to be Senator La Follette’s running mate in his progressive race for the presidency this fall. ‘AX’ HANGS OVER OTHERS IN FORCE OF BERT MORGAN Sweeping Changes Predicted to Follow Retirement of Chief. Sweeping changes in the personnel of Federal prohibition forces in Indiana will be made when Bert C. Morgan, Federal prohibition director for Indiana, retires, it was predicted today. Adherents of James E. Watson, United States Senator, have demanded the scalps of many employes ranging from office employes and stenographers to agents in the field. Asa whole, Morgan's force has? been devoted to his cause with the utmost loyalty, Morgan's friends say. W. O. Holman, chief of the field force; Carl E. Minton and Fred King of tlj£ legal department, and several young women in the office are said to be slated to receive the ”ax.’ Morgan, firm in his intention not to resign, left for W’inona Lake this afternoon to attend the international prohibition conference. Roy W. Haynes^-national prohibition director, spoke today. Before leaving, Morgan expressed pleasure at movements favoring his retention initiated by various ministerial, law enforcement And other similar onganizatidns. “These movements have been the source of gratification and pleasure to me,” he said. “I really bad no idea how milny friends I had until this matter came up. 'Our office has tried to enforce the law fairly and honestly and believe the efforts have been £*ipreciated.” IMPS" ' BELOW AVERAGE

Farmers Able to Cultivate as Rain Slackens, Improved weather conditions over the last two weeks have, permitted Indiana farmers to catch up with their work, said George C- Bryant, United States agricultural statistician. Corn crop is farther behind than others, but during the past two tveeks farmers have been able to cultivate their fields with some degree of satisfaction which is showing favorable results. Nevertheless some localities are much in need of dry weather. Wheat and rye cutting has progressed at irregular intervals and is practically finished in all except the extreme northern counties. Thrashing has begun in the southern counties, but yields are not up to expectations in all sections. Hay Under Average Much difficulty has been experienced in the hay* harvest because of wet weather and the necessity of devoting time to other crops. The quality of a considerable quantity will be under the average, Bryant reports. Truck crops and small fruits made good progress, but are tw r o or three w'eeks later than usual, he said. There will be but few peaches above nc*th of the B. & O. Railroad, where it 'crosses the State from Cincinnati to Vincennes. Late crop of apples do not appear as good, but early varieties very abundant and of good quality. All livestock is in good condition, with exception of a few scattered cases of hog cholera. Farm labor now exceeds the demand and wages are slightly lower than earlier in the season.

70/ with The 7% Cumulative Prior Lion / Safety stock of this Company is a sound TAX. investment, based upon the staf fgFj? bility, growth and prosperity of the 100 or'' more communities served with Electricity, Gas or 8 ERvlSlOIf 'Water, all public necessities. This Stock is exempt in Indiana and free from normal Federal Incji', Tax. Price, SIOO per share and accrued Interest. Cash or"on deferred payment* Interstate Public Service Company Room 714 Wild Bldg. t Indianapolis, Ind.

RALSTON GIVES GIS VIEWS ON JOGN W. DAVIS Unqualified in His Indorsement of National Ticket —Letters Quoted. Unqualified indorsement of John W. Davis, the Democratic nominea fOr President, is contained in a statement issued today by Senator Samuel M. Ralston The statement was in the form of excerpts from correspondence with friends who commented on the Senator's withdrawal of his name from the New York convention, and who asked his attitude toward the ticket nominated. To a New York Democrat the Senator wrote: “In view of all the circumstances I am sure that 4ny course was best for my party and I also feel sura you will agree with me that an excellent ticket was nominated, one that deserves and will command the confidence of the American people. Follower of Wilson * “I note your remark that youF interest' in politics began with the support of Woodrow Wilson in 1916, when you were still at law school. I believe you will find the appeal of John W. Davis to the minds and hearts of the American people, in many ways, like the appeal of Woodrow Wilson. To me they seem kindred spirits.” He said this to a newspaper editor in Florida: “John W. Darts is a great man, and his combination with Governor Bryan, I think, constitutes an excellent ticket—one for which we can earnestly fight, with# high hope of success.” Expects Hoosler Support In writing to a Johnson County Demccfrat he said: “I note your inquiry as to what I think Davis can do in this State and I have no hesitancy in saying to you that L believe the Democrats of Indiana and many independents will rally to his support. He is a very unusual man. I have watched him for years. *1 know of his writings and have read his speeches. He has a broad education and Is, in truth, a cultured gentleman. I have said on other occasions, what I now repeat to you, that in my judgment, there is no man in this country beter fitted to step Into the shoes of Woodrow Wilso’n than is our nominee for President this year.”

BANDITS, BLUFFED BV YOUTH, FLEE Filling Station Robbery Also - Frustrated. Defiance of Coble Smith, 21, of 272S Ashland Ave., put two colored hold-up men to flight early today after they accosted him in front of his home. - Smith told police the men fled when he told them they couldn't shoot him with an instrument one of them was holding. Charles Book, 2964 Bellefontaine St., reported he was robbed of $1 Friday by five men and three women jiist north of Millersville, Ind. Their car blocked passage of his machine, he told policy Charles Fentres, colored, operator of a pressing and cleaning shop at 1760 Boulevard PL, was arrested on a blind tiger charge when police Investigated a burglary report. „ Attempt to enter the Indian Refining Company’s gasoline filling station at South and Delaware Sts. wa frustrated early today when W. R, Harris, 340 S. Delaware St., discovered two attempting to raise a. window. SCALDS FATAL TO CHARLESSELKING Fall Into Hot Water Vat Kill* Workman, Scalds received by Charles Selkinf, 56, of 1616 N. Arsenal Ave., when he fell into a hot water vat at the Centra# Veneer Company plant. Winter Ave. and the Belt Railroad, Friday, proved fatal. He died at the city hospital at 9:20 p. m. Friday. Selkingi who had been employed at the plant four years, was working alone. Evidently he fell when a hook with which he was lifting a log from the water sjipped, according to police. He was submerged twice, workmen told police. After he w£s taken out he pleaded with other workmen and police to kill him. He was unmarried. Want G. O. P. Paper EVANSVILLE. Ind., July 19. Establishment of a strictly Republican newspaper was urged at a county conference of G. O. P. candidates and organization'workers here.

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