Indianapolis Times, Volume 36, Number 64, Indianapolis, Marion County, 23 July 1924 — Page 11
WEDNESDAY, JULY 23,1924
UPWARD TREND jIAINTAINED IN . STOCK TRADING V Pan-American Issues Are Outstanding Features at Opening, Average Stock Prices -Average price of twenty industrial stocks Tuesday is 99.34 un 34 Avera?e nrtce of twenty rails was 89.37, ui> .22 to new 1924 hi?h Average price of forty bonds was 90.94. up .14 to ow 19:14 high. By ruffed Prrsn NEW YORK.JuIy 23 Stocks maintained a strong upward tendency on broad trading in the early dealings. Although Steel common recided fractionally to 101%, reflecting the order of the Federal trade commission that the corporation abandon the Pittsburgh-plus- price system, the buoyancy of the general list was not restrained. Pan-American issues were the outstanding features of the oils, while Reading led the rails, the latter reaching anew high for the year at 69%, stimulated by the court order restraining ten holders of preferred stock with proceeding with the suit In Pennsylvania to prevent payment of 8 per cent on the common, prices: BTrorl--!. 1 : Northern Pacific 67 V up % : American Can 118%. up %: Reading 59 % up %: Southern Pacific 93% up % : S ft W 103%. off %; C. & O. 86% : General Electric 248%, off % : .Anaconda 36 V : Studebaker 37 % .off % : Sinclair 177 T ANARUS, up %: Bethlehem Steel 43%. off % : American Sugar 45, up % : Baldwin 116%, off % : Union Pacific 140 % .up % . American Locomotive 79 % . Rails Reach New Highs Further vigorous actions took place In the late morning. The rail list reached new highs for the year, made by C. & O. at 86%, Illinois Central at 111% and Reading at 60. Reactionary tendencies were cast aside by the t s eel stocks when Steel common rebounded to around the best levels of the move around noon. This development supplied further Impetus for an upward movement | among industrials and operations for j the rise spread to a number of fresh ] groups. Montgomery - Ward featured the mercantile stocks, reaching the year’s high at 31% on active trad-i Ing. Accumulation- of the stock in ! recent months between 23 and-2.S ; was of large size, and in the nature I of permanent investment by a wealthy individual. It is further-ar-gued that the mail order houses ' should benefit from the increased buying power of the rural ■population. EASY UNDERTONE - 1N GRAIN OPENING
Crop Developments Bring Scattered Selling. BULLETIN By United Press CHICAGO. July 23.—Grain prices today scored new highs on the present move on .the Chicago Board of Trade, with July wheat reaching $1.32 1 4, a net gain of 7*4 cents for the day. September wheat gained 6% cents, reaching $1.30%, and December wheat closed at $1.82%, up cents. July corn gained 4% cents, September 4% cents and .December corn nearly 3 cents. Talk of more damage to the Canadian crops caused the upturn. By United Press CHICAGO, July 23. —Grain futures started with an easier nudertone on the Board of Trade today. The wheat situation was fundamentally unchanged at the opening. Favorable crop developmets on both sides of the international boundary line brought scattered selling and a iPght dip. Prevailing hot, dry weather, ideal for corn, brought further selling in that market and sharp recessions in premiums. Oats sagged with other grains. were lower with slackenQiT* ! demand. Chicago Grain Table WHEAT — Prev. Open. High. Low. Close, close. July 1.35 1.32% 1.2£ 1-32*4 1.25 Sapt 1.33% 1.30% 1.2#% 1.30% 1.23% Dec.. 126% 1.33% 1.25% 1.32% 1.26% CORK— Julv 1.04 1.00 104 1.08% 1 Oo Sept 1.01 1.05% 1.00% 1.05% 1.01% Dec.. 80% 93% 80% 92% 89% oats July 52% 54% 52 54% 51% Sept 45 47% 44% 47% 45% Dec.. 47% 50 47 49% 47% LARD — July Nominal 12.87 12.55 RIBS— July Nominal 11.00 11.87 RYE— July 80% 84 80% 84 80% Sept 82% 86** 81 s * 86% 82% CHICAGO. J'.ii* 23.—Carlot receipts were: Wheat. 15 if: corn. 143. oats, 47. Deliveries made ‘were: Wheat. 10.000 bushels; corn. 25.000; oats, 30.000; rye, 40.000. . CHICAGO. July 23.—Wheat—No. 2 hard. $1.27**0 129%. Coni —No. 2 yellow. *1.09% 61.10%-: No. 3. $1.08% 6 1.09; No 4. $1.08(511.08% • No. 5. 5108- No. 6 $1.07 No. 2 mixed. $1.09® 1.00%: No. 3. $1.08%: No 4. $1.08: No. 1 white. $110: No 2. $1.09% ft 1.10: No. 3. $1.08% ftd.o9: No. 4. $1.08%. Oats— No. 3 white. 53<5 53%c; No. 4. 52 %Si 53 %c. Barley—77o 86c. Rye—No. 2. 84%c. Timothy—s6.7soß.7s. Clover—sl2 @20.50. Hay Market Prices Wagon load lot prices hay and grain At Indianapolis are a# follows:' Timothy—slßo2o a ton; mixed. sls @lß' baled. sls@lß. Cosm —95c@$l a bushel. Oats—s 2<3 55c a bushel. Straw —Wheat. $9 @ll a ton. Local Wagon Wheal Local grain elevators are paying $1.14 for No. 2 red wheat in wagon load lot*. Others priced accordingly. Freezing Plant Installed P per in l EDMONTON, Alberta, July 23. A modren fish freezing plant will be installed at Lesser Slave Lake with a capacity of 150,000 pounds of fish, for the *urthe rdevelopment of the M lusty in this lake, it is
New York Stocks
(By Thomson A M -Kinnon) —July 23 Railroads— At 1:30 Prev. High. Low. p. m. close. Atchison ..106% ... 106 105% B. *f. O. .. 61% 61% 61% 61% C. ft o. 87% HO % 86 % 86% C A N W R 6.3 62 62 % 62 % CRAP., 34% 34% 34% 34 % i Erie 32 % 31 % “ 32 % 31 % Gt Nor pfd 69 6S % 69 68 % LL-high Val 49% 49% 49% 49% Mo fiae pfd 51% 50% 50% 61% N 5' Cen. 108% 108% 108% 108% XY. NHAH 29% 28 "I 29 _ 29 Nor Pacific 67 % 66% 67 66% Nor ft W .124% 123% 124% 123% P- rr Mart].. 55% 55 % 65% .55 % Pennsvlvan. 46 45% 45% 45% 8o Railway.. 6% 6.5% 66 65% 50 Pa- iti*-.. 95% 9.5-% 9.5 >4 9.5 St Paul pid 29 28% 28% 28% 51 U S \V 43% 43% 43% 43% Union Pae 142 140% 141% 140% Wabash pfd 44% - 44% 44 % Rubber*— Goodyr pfd 63% „. . 53% 64 Kelly Spe .. 16 15% 16 1.5% |U S RuWirr 3%% 31% ,31 % 31% Equipment*— Am Loco. 80% 79% 79% 79% Bald 1.0, 0 11 7 % 11 7 % 11 7 % 117 I Gen Elec.. 249 248 248% 248% Pullman ..125% 12.5% 125% 125 ; sVe*t Elec.. 64 63 •% 64 64 j Steels—- ! Bethlehem.. 44% 43% 44 43% J Colo Fuel. . 45% 44% 45% 44% Crucible ... 54% .. 54% 54 % | Gull States. 71% 71% 71% 71% Rep 14 S. 47% ... 46% 47 |U S SUcl. .102% 101% 102% 101% Motors— Chau Mot .48% ... 48 49% Gen Mot .. 14% 14% 14% 14% Max Mot A 51% 61% 51% 61% I Studv ... 38% 38 38 i Stew-War .54% ... 53% 54% ! Wil-Over . . 9 % 8 % 9 % S % M inning*Gt N Ore . 30 % 34 30 % 29 % jln Nickel .IS % IS 18% 17% j Coppers— Am Smelt .69% 691* 69% 69% Anaconda .30% ... 36% 3#% ; Kemu tutt .41% 43 % 44 % 44 % Oil*— i Cal Pet _ 22 % 22 % 2? % 22 % Coeden ... 28% 28% 28% 28% Hous Oil ..72 ... 71% 71% Mar Oil ... 32 31 % 31% 31% P-APeto.. 50% 55% 50 54% P-APB... 63% 54% 53V. Pac Oil . .. 48% 48% 48% 48% i Pro & Ref. 27% ... 2'% 27 Pure Oil . 22 % 22 22 % 22 St Oil. Cal 58% 68% .58% 59% St Oil. X.J. 36% 35% 35% 35% Sinclair ... 17 % 17 % 17 % 17 %** Texas Cos .. 40% 4040% 40 Industrials— A1 Chem .. 77% „. 77% 77% Yel Mfg .. 55 ... 55 54% Tr Con OU .ft 4*• ft 4 % Am Cant ..119% 118% 119 118% Am Woolen 72% 72 72 % 72 Coca Cola 73% ... 72% 73% Congoleum.. 45% 45 45% 44% Cont Can.. 55 „ . 54% 54% Davidson Ch 59 58% 58% 58% Pam Play. 81% .. . 81% 81.% | Gen Asphalt 44% 43% 44 % 43% Inter Paper 55% ... 55% 65% Mont ft W.. 31% 30%. 31% 30% Sears-Roe . 95 % ... 9.5 % 95 % U S C I P. 100% 100% 100% 100% U 9 It! Al. . 72 % 71 % 72 % 71 % j entitles— Am T A- T 123% 123% 123% S Con Gas.. 70 __ 69% 70% Columbia G. 41% 41% 41%, Shipping— Am Int Cor 23% 2*% 23% 23% ! In M M pfd 36% 37% 35% 37% I Food*— Am Sugar.. 45% 45 45% 44% ! Am B Sugar 41'j 41 41 % .. . Com Prod 35% 34% 35 35 • C C S| pfd 62% 61 % 62% 61% | Punta Ale.. 52 % 51 % 51 % 51 % 1 Tobaccos— Tob P (B) 64% ... 64 64
Indianapolis Stocks —July 2.3 | Interest was almost entirely centered on 1 bonds a- the Indi&napohs Stock Exchange Wednesday Previous bids were supported in most cases. Gams by obnds wre- Broad Ripple ss. 2: Indianapolis A Northwestern. 1 % 1 In-, dianapolis St. Ry.. %; Union Traction of lildiana. %. . Bid. Ask. American Central Life.... .200 w-. Ant Creosoting Cos pfd 97% .. . Advance-Rumciy Cos com... 7.5 79 I Advanee-Kurae yCo pid.... 36% 39 j •Belt p, R com 75 78 Belt R R r-fd 52% ... | Century Bldg Cos pfd....... 98 ... | •Citizens Gas Cos pfd 103 106 Citizens Gas Cos c0m...... 28% 30 | Indiana Hotel com ....... 10i> _.. ; Indiana Hotel pfd 100 ... | Indiana Pipe Line pn% 94 j Indiana Ti*4g Guaranty Cos . 90 100 Indpls Abattoir pfd ... . .50 ••Indianapolis Gas ....... .51 *4 54 Indpls & Northwestern pfd.. .33% ... Indpls ft Southeasfrn pfd.. .. 40 Ipls Street Ry 55 68 Indpls Tel Cos com I _. Indpls 801 l Cos pid _ 90 ... Mer Pub Util Cos pfd 84 ... Pub Savings Ins Cos 13 . P.auh Fertilizer pfd 47 ... Standadr Oil ..... , Sterling Fir* Ins ...... 10 .. . T H I ft E com ... 3 8 | T H I ft E pfd 9 20 T H it and Lt Cos pfd.... 90 9-5 • Union Trac Ist pfd . .. _ 10 20 j Unoin Trac of Ind com ... 1 3 i Union Trac of Ind and pfd.. 4 9 1 Van Camp Prod Ist pfd.... ; 'van Camp Prod 2d pfd.... i Yandali.a Coal Cos c0m..... Vandalia Coal Cos pfd..—. .. 10 i Wab R Cos com ... Wab Ry Cos pfd .__ -- Bonds Belt RRftSY 4s. May. 1930. 82 Broad Ripple ss, July 1923 68 73 Cit Gae ss. July. 1924.... 90% 94 Clt Gas 7s serial 102 104 Cit St Ry .ss. May. ’33... 85%, 89 Ind Coke & Q 6s. April. '46 90 94 Ind Hotel .se. July, 1931... 96 ... Ind Hotel Cos 2d 6s. drawMOO _... Ind North ss, Oct., 1928.. . ... Inr Ry and L sg, Jan., '43. . 91 ... j Ind Serv Corp ss. Jan., 23 . . ... ! Indpls AB Cos 7 %s. Sep. \32.100 103 I Indpls Coi ft S 6s. Feb.. 48 96 100 : Indpls Gas ss. Oct.. 1915.. 90% 94 1 Indpls Lft H ss, April. 40 97% ... j Indpls & Mart os, Jan. '.32. 50 Indpls Nor 6g. July. 1932. 40% . . j Indpls & Northwestern 47% 50 ! Indpls ft S E ss. Jan., 1925 25 ... ; Indpls ft Shelbyrille 30 .... Indpls 81 Ry 4s, .Tan.. 1923 63% 65% , Indpls T ft T ss. Jan.. '65. . 89 01 Indpls Union Ry 5s 98 101 ! Indpls Un R 4%5. May. ’29.100 ... Indpls 5Va 5%a. March. '53 98 ... j Indpls Water 4%s 90 94 Ind Pub Serv 6s. April. 1943 . . ... I T H, I ft E ss. Aug. '43.. 62 ... T H Trac and Light s*. . . . 82% ... Un Trac ol Ind tig, July, '32 54% 58 Bank Stocks Aetna Trust and Savings C 0.104 % , 1 Bankers Trust Cos ...110 . _ City Trust Cos 100 ... Continental Nat Bank —...105 110 Farmers Trust Cos 206 ... Fidelity Trust Cos .....152 Fleteiicr Am Nat Bank.... 138 ... Fletcher Sav and Tr C0....204 225 Indiana Nat Bank 2.34% 270 Indiana Trust Cos Live Stock Kx Bank ..190 ... Mar Cos State Bank ......150 „„ Merchants Nat Bank 300 ... Peoples State Bank 200 ... Security Trut. Cos. ... .170% ... State Sav and Tr Cos 102 115 1 t'nion Trust Cos 320. . 360 Wash Batik and Tr Cos. ...150 . Liberty Bonds Liberty first 3%s 101.40 101.60 Liberty first 4%s ....... 102.24 102.36 Liberty 2d 4%b 101.60 101.68 Liberty thirand 4%s ~. Liberty fourth 4% s 102.20 102.38 U. S. Treasury 4%s 105.00 105.10 •Three per cent ex-dividend.
Produce Markets
Fres ergs, loss off. 25c; packing stock butter, 24c: fowls, 4% lbs. up. 19c: fowls under 4% lbs.. 16c; cocks. 11c; springers. T 924, 2-lb. size, 28c: Leghorn poultry. 25 per cent discount; young tom turkeys, -12 lbs. up. 23c: young hen turkeys. 8 lbs. up. 23c: old tom turkeys-.- 18c; ducks. 4 lbs. up, 13c: spring ducks. 4 lbs. up, 15c: geese. 10 lbs. up. 11c; squabs, 11 lbs. to dozen. $4. CLEVELAND. July 23.—Live poultry— Receipts moderate; heavy fowls. 24®23c; light. 15@18c: heavy broilers.’ 36® 38c: light. 260 28c: ducks, no movement at 20 ft 25c. Butter—Extfa in tubs, 40 %ft 41%o: extra firsts./38% ft 39 %c: firsts. 36%@37%c: packing stock. 22% ft 24 %e; standards. 38% ft 39 %c. Eggs— Fresh gathered northern extra. 31c; extra firsts, 30c; Ohio firsts. 28c; western firsts. 27c. Potatoes—Receipts heavy, market easier: Virginia branded, good stock. $2.35; poor, [email protected]; North Carolina cobblers. best around $2. Wagon Prices ■ Gasoline prices do not include State tax of 2c a gallon.) GASOLINE-—Energee, 21c a gallon; Purol, 17.2 c: Rod Crown, 17.2; Diamond. 17.2 c; Silver Flash. 21,c; Standolind aviation. 23 Bc. KEROSENE—Crystaline. 12.7 c a gsiloti: Moore Light, 16.5 c: Arelite, 12.7 c; Perfect n. 12.7 c; Solvent, 3ije. > ' .THA —Lion Power Cleaners, 22.6 c a gallon, V. M.. A P-. 22.5 c; Standoiiud C)eaner ; * 2&£c. %
NOGS ADVANCE TO $9.75; GGC HIGHER Receipts Fail to Keep Pace With Demand. x —Ho* Prices Day by Day— July Bulk Top Receipts 17. BJO 8 10 8.000 18 810 810 / 10000 IP. 8.30 8.30 7.000 21. 8 75 8.75 6.000 22. 9 0(1139.15 925 9.000 23. 9.75 9.75 8.000 Again hog receipts at the local live stock exchange failed to keep pace with the demand and the upward trend in prices was resumed with a stiff increase of 60 to 75 cents Wednesday. The market was a oneprice afftiir at $9.75. Packers appear to be playing the stellar role in the advance. The receipts were estimated at 8,000. Heavyweight hogs, medium mixed, light weights and light lights were quoted at 9.75. The bulk of sales was fiiade at that figure. Sows were higher at $8.75 to 9 for smooth packers and $8.50 to 8.75 for roughs. Pigs were higher In accord with the market at $8 to ?9. Other factors contributing to the rise were given by traders as high price of com, shortage of hogs, higher outside markets and speculative pressure. There were 231 holdovers. Cattle “trading was on a steady to lower basis. Steers seemecT to be selling fully steady with Tuesday at the start. Very few heifer sales were reported. Those that were made were from 25 to 30 cents lower. One or two loads of choice cows brought 17. The best steers were selling at $10.25@1r35. Receipt* ‘were estimated at 1,700. Demand was better in the calf division than on Tuesday, but larger receipts counter-balanced this* influence and the prices remained steady. Choice veals brought bulk of good calves sold at $9.50. One sale involving several extra choice head made at $10.50. Receipts were estimated at 1,000. Over 600 sheep and lamb* was too much for the demand and 50 cents was cut from top lamb quotations. The best price paid for lambs was sl2. Other grades were accordingl/ lower. Sheep held steady to a price range of $3,50 to $6.
—Hogs— Choir* lights S 9.75 I Light mixfd 9.75 Medium mixed . - - 9.75 | Light lights ............. 9003 975 I Heavyweights ........ 975 Big* ... Sows —Cattle— Steer*. 1.250 lb*, up. choice.slo 25 3 10 35 Fair to rood .. 8 00® 3.50 Steers. 1.000 to 1.200 lba.. choice . . 9 50310 25 Fir to good 8 00% 850 j Choice heiter* ... ... 850 M 9,10; j Common to fair heifers ...... .hOO-it 6 001 Baby Fef heifers 800 3 9.00 Medium to common cows... 350 to 4 30; Choice ft.oo© 6 50 iCanners Choice light bull* ........ ft 00© 6.251 Choice heavy bulls 4 00© 5.501 —Calv-w— | I Choice veal* $lO 00 # Good veals 7.233 8 00 Common heaviea ......... fijOO© 6.50 j Bulk ot salee 9 50 —Sheep and Itunb*— “® Choice lambs ............ .sl2 00 He*vy lamb* 10 50 4? 11 00 Cull lambs , tl.OOft 700 Good to choice ew4 3.50© 6.00 / Other Livestock CHICAGO. July 23.—Cattle—Receipt*. | 12.000 market better grade* grain fed •teem and yearling* strong to a shade I hiri-er; otheT* and graeey kinds, both steers . and cows dull; top matured steers $11.30. seirral loads $10.75 %11 long yearlings. $lO 75 bulls weak to 10c bulk bolognas $4.50(24 75. bidding sharply lower on veaJ calves: shippers got choice lots at $lO or slightly higher. Sheep—R' eeipts. 16.000: market dull: no early salts fat lamb*, bidding 50c off: talking *l3 on natives, sheep and feeders steady: range ewe* to killer $6.50: choice feeding lapibe. sl2 25 Hoes—Receipts. 19.000: market slow, desirable grades 25 @ 50c higher slaughter pigs leading, others slow, top $9 35, new high hulk of :il. $8.40 l 4/9; heavyweights $8 9039.25; medium-, Weights $9 419 35: lightweights. 8.60@ 9.85: light lights $7.75419 25; packers, smooth. $8 1.54} 8.50; packers. rough. *7 7.5 4V 8 1.5: s aughter pigs $7.26 4f 8.23 . PITTSBURGH July 23.—Cattle—Receipts light: market, slow; choice. $9.75 j ©10.15: good. $0 3 9.25; lair. s7®B: veal calves, $10.50311. Sheep and iamb*—Receipt*, light: market, steady;! prime wethers $7.25 4$ 7.75: good. $6.25 Si 6 75; fair mixed [email protected]: lambs. $9 SI 14 Hon—Receipts. 10 double decks; market. higher prime heavy. $9.7.5® i 0 80: medium. slo® 10.03: heavy Yorkers,! $lO 3 10.05: light Yorkers. $8.75® 9: pigs, j *8 2.53 8.30; roughs. §5.50©7.50; awes. ; $43 4 50. | CLEVELAND. July 23.—Hogs—Receipts. 3.000; market, active: Yorkers. $9.50; mixed. $8: medium. $7.25: pigs. $3 50. Cattle—Receipt*. 550: market, steaily: good to choice bull*. $-536; good to choice steer*. sß® 9 50; good to choice heifers. $6®7..50: good to choice cows, $4 5035..50: fair to good cows, s3ft 4 50; common cowsfl. $2 33; milehers, $35 % 65. Sheep and lamb*—Receipts. 500; market, steady: top. sl4. Calves—Receipts. 500; market, steady: top. $12.50.
ORDERS ARE SMALL, BUT MORE FREQUENT Dealers and Jobbers Do Not Anticipate -Sharp Downward Move. By Times Special NEW YORK, July 23.—Hardware Age, In its weekly market summary, says: “Hand-to-mouth buying on th 6 part of retailers continues throughout the hardware markets. Orders are small, but are being placed more frequently’than they were a month or six weeks ago. “Crop conditions in the North and Middle \ijest are reported to be favorable and a stronger feeling of confidence is being expressed by jobbers and retailers in those sections. throughout the country range from poor to fair. Price tendencies, in the opinion of some observers, point downward, although manufacturers and distributors do not anticipate any sharp downward price movement. ■ “Deliveries are somewhat better they have been. Fall orders are few, because retailers are not anticipating their requirements as far in advance as they did during tha late winter and early spring.” River Steamer Burns By United Press EVANSVILLE. Ind., July 23. Nothing but the qharred hulk remains today on the Ohio River near Calhoun, Ky., x of the Reliance, a large river freighter, which was burned Monday evening. Loss was put at $50,000. Auto Injuries Fatal By United Press WASHINGTON, Ind., July 23. Anna, 3, daughter of Mr. and Mrs. Harvey Tirrcher of Edwardspprt, near here, is dead today from injuries suffered when she was thrown through the windshield of an automobile when it skidded into an embankment.
THR INDIANAPOLIS TIMES
The Latest Pictures of Robert Franks Slayers
THESE ARE THE LATEST AND REST PTCTTRES OF NATHAN F. LEOPOLD, JR., (LEFTT AND RICHARD LOEB, CONFESSED SLAYERS O'F ROBERT FRANKS, CHICAGO SCHOOLBOY. THEY I WERE TAKEN BY AN NEA SERVICE PHOTOGRAPHER IN COOK COUNTY JAIL, CHICAGO, THROUGH THE COURTESY OF CLARENCE F. DARROW, CHIEF DEFENSE COUNSEL, JUST BEFORE THE YOUTHFUL “INTELLECTUALS” VENT INTO COURT TO PLEAD GUIL’IY TO TIIS CRIME.
Leopold and Loeb Pleading Guilty
iiiijiL . imii JiifH *' jpjw *'^y^<i y^: ~wj' I' ''fil| ' £&> 1 .' |k llllt " g*p- w* &*#&**:£ §#!??§%, jj I jSEBmF " t Eißiß^^BiSH^^|fiW|BßßiSfl'jpaaMß 4 • * ■'■&*x*?.^: • >•• • -'& ''■ * ■ - ■
HERE ARE LEOPOLD JR. (LEFT) AND LOEB, AT THE BAR IN CHIEF JUSTICE JOHN R. CAVF.RLY’S COURT. PLEADING GUILTY TO THE KIDNAPING AND MURDER OF 14-YEAR-OLD ROBERT FRANKS. ATTORNEY DARROW, IS SEEN STANDING JUST BACK QF LOEB ON THE LEFT. BOTH OF THE YOUTHFUL "INTELLECTUALS” WERE DRESSED FASTIDIOUSLY AS THEY CAME INTO COURT. AND BOTH OUTWARDLY WERE CALM AS THEY WALKED TO THE BENCH. LEOPOLD. HOWEVER. IS GAZING DOWNWARD, BUT LOEB IS LOOKING STRAIGHT AT THE JUDGE. THE STRAIN. THOUGH, IS NOTICEABLE IN THE FACES OF BOTH.
Marriage Licenses William Griebelbaum 34 foreman, 1843 Singleton St. Miry Schmidt. 20. machine operator, 25 E McCarty St. Creston H Henderson. 23. assistant arc retsry, 711 Gladstone Are.; Ruth Leek. 18. clerk, 4760 Wtnthrop Are. John M. Dill*. 42 salesman, 624 Middle Drive, Woodruff Place. Thetis (aiderhoad. 36, 863, Middle Drive, Woodruff Place. Vincent Raja Jr.. 22. toolmaker. 569 Harrison St.: Florence Tollett. 22. clerk, I lIP Kansas &t. John W. Case, 31. laborer. 1220 Ressner St.; Marie Wharton. 27. 2 J 6 N. Rural St. Thomas Brown. 27. porter. 43(1 N California St : Clara Evan*, waitress, 710-La-fayette St. William Schmidt 20. bookket or, 533 N. Denny St.; Hilda Eiaele* 21. ooii lomptomer operator. 1226 Parker Are. Conn G. GllU*. 21. soda dispenser. 122% W. Ohio St.; Doris Alsman. 10, ‘720 N. Illinois St. Charles Monroe. 24, cement worker. 1973 Barth Ave.; Violet Doyel. 18. 818 Lincoln St. Frank Volek. 33. railroad clerk. 1654 Garfield Ave. Bessie M. Stephenson, 28. milliner. 2914 Broadway. Charles Chitwood. 39, salesman, 228 R. Illinois St.; Ethel Rtfir. 24. 648 S. Illinois St. William C. Wilson 24. auditor, 5225 E. Walnut St.; Marguerite Davis, 28, 5524 Julian Ave Golden Bier. 41. railroad clerk. 1128 N. New Jersey 8t ; Alice Smith. 42. housekeeper. 2620 E Twelfth St. Births ' • Boys George and Florence Free!*, 2233 W. Wilkins. _ Gerald and Jeanette Payne, 633 Blake Dillard and Roxana Colvin. 724 Laurel Frank and Nelle, Britton. 1045 Chad wick. Russell and Leona Miller. 1119 Ltxlngton. Charles and Marie Viles, 220 Bright. Ellen and .Mamie-Scott. 1411 Mill. Frank and Mary Faust, 1340 Barth. Carl and Helen Dehner, 4715 Guilford. Benjamin and Esther Seals, 2623 Stuart. Joseph and Lillian Cangany, 617 N. Gladstone. Walter and Clara Waterman, 1650 Wade. Maxwell and Hilda Bare. 5217 E. Tenth. Robert and Margaret Clarke, Long Hospita.. Clarence and Maudie Walda. 140 Ashland. Charles and Jeanet Curola. 1163 W. Thirty-Third. Girl* John and Juanita Lawrence, 820 Edgcmon t. Henry and Arvale Beneflel. -120 W. McCarty. f Charles and Edna Pruett, 432 N. Patterson. Harry and Peltna McGee. 2020 Valley. George and Bessie Dennison, 1224 DcIOSB. Charles and Rose Smith. 1037 Chadwick. Philip and Ruth McKinney, 1110 S. Sheffield. Charles and Alta Abel. 537 Virginia. James and Grace Stancsu, Deaconess Hospital. *** Frank and Emma Christian, 1326 Shepard. . . James and Susie Rogus. 2811 McPerBon. Fred and Ella Behreus, 608 Parkway. Frank and Anna Hittle, 1375 E. Minnesota. Twins .Tesse and Irene Minton. 28 W. Tenth, boys. . Deaths Samuel Glenn, 28, 535 Agnes, pulmonary tuberculosis. P. T. Buchanan, 78. 606 Shelby, chronic interstitial nephritis. Margaret Mary Reid. 81, 2638 'Rader, cerebral hemorrhage. Albert E. Parker. 32. 1026 W. TwentyEighth. acute cardiac; dilatation. Willa Graves. 28. city hospital, septicaemia. -.. Sarah Bacon Nickols, 88. Seventeenth and Capitol, arteriosclerosis. r Amanda Belle English, 59. 2035 Broadway. acute myocarditis. Ambrose Taylor Rowe, SL, 1221 Lafayette, chronic nephritis. Geneva Foster 40. 19 S. Seville, acute cardiac dilatation. Joseph Chavers, 41, city hospital, sarcoma. Dora Victory, 38, 2329 Fairfield, acute gastro enteritis. Martha Walker. 70. 2069 Blvd. PL. carcinoma. \ Beulah Brett. 80. 11.18 Fowler, chronic myocarditis. Georgia B. Richardson. 66. 175 W. Thirty-Fifth, chronic myocarditis. Robert Johnson, 2 months, 648 Porter, chronic gaktref enteritis. Stacey MoAsief, 69, city hospital, fractured al*uJU acchitiiitAl*
'
He Accepted Their Plea!
IN3WiiMKßtrnimm r T4wßiVvi‘WiAyil f li 'y.v?:* ■—i min
THIS IS CHIEF JUSTICE CAVERLY OF COOK COUNTY CRIMINAL COURT, CHICAGO, WHO ACCEPTED LEOPOLD. JR., AND LOEB’S PLEAS OF GUILTY. THE PICTURE WAS TAKEN WHEN THE JUDGE WAS ON THE BENCH.
They Heard ‘Babe ’ Plead Guilty!
NATHAN F. LEOPOLD, SR., CHICAGO MILLIONAIRE, HEARD HIS SON “BABE” PLEAD GUILTY TO MURDER. HERE THE FATHER IS SEEN IN CHIEF JUSTICE CAVERLY'S COURT WITH HIS ELDER SON, FOREMAN. THE STRAIN HE HAS BEEN UNDER SINCE THE ARREST CF HIS YOUNGER SON IS SHOWN IN THE DEEP LINES IN HIS FACE.
Building Permits ’•■’lu Landhorn, addition, ill 9 Arnolds, SSOO, i !. Scott, reroof. 701 N. Euclid $225. O. J. Lockhart, dwelling, 821 N. Bancroft. $5,000. • J. E. DeHart, garage, 1635 Ludlow, S3OO. F. L. Palmer, dwelling, 522 N. Denny. $3,500. George L. Sherer, furnace, 1239 Madison, S3OO. John Shea, garage, 621 N. Tacoma. S3OO. John Dawson, reroof, 6122 Ashland, $250. B. Kwftney, furnace, 3958 Kenwood* $225. B. Kwitney, dwelling, 3958 Kenwood. $5 775. H Geddes, reroof. 404 E. Twelfth, $245. O. S. Julian, reroof, 4131 Boulevard PI., $240, Mrs. A. K. Lohman, garage, 2639 N. Illinois. $505. J. W. 'Hunt, garage, 4706 Winthrop, $206. H. E. Shoemaker, garage, 963 W. Thir-ty-Fifth. $275. Newton Eldridge, garage, 1511 Southeastern. $250. C. E. Griffin, garage, 1214 Belief on taine, S2OO. Abner Lemaster, dwelling, 3845 E. Thirteenth SBOO. Kjoma. .garage, 4.401 M^dlaon.
Herman Lohss, garage, 1253 S. Meridian. $450. Sidney Phillips, garage Tenth and Sheffield, SI,OOO. Seeds Oil Company, smoke arches, 2303 Bloyd. SSOO. H. Cohen, remodel, 1016 S. Meridian, S4OO. U. C. Mann, double, 429 Lansing. $-3,500. Ella Webb, repairs, 742 Massachusetts. S3OO Horace C. Keever, garags, 2430 Ashland. $335. William Hickman, furnace, 1621 W. Michigan, S3OO. William Hickman, double, 1621 W. Michigan, $3,000. Charles Orinsley, shed, 730 S, Mount, $250. Canadian Flour Export Larger By Times Special WINNIPEG, Manitoba, July 23. Canadian flour exports during the month of May exceeded those of the United States. During the month 1,057,487 barrels of Canadian flour were exported, while those of the United * States totalled -876,504 barrels*
FATHER OF MURDERED ONSTAND • (Continued From Page 1)
Leopold and Loeb “practiced throwing a bundl?"from a moving Michigan Central train, planning to have Robert Franks’ father board the same train and throw- off a bundle of SIO,OOO cash —their reason for kidnaping of young 1 Franks. Registered at Hotel Crowe announced the State would prove Loeb and Leopold registered at a downtown hotel, and under assumed names—a plan intended to hide their identity and aid their escape. He said the prosecution would show how the young murderers rented an automobile from >4he Rent-a-Car Company—the automobile in which Robert Franks vras kidnaped and slain. N. Crpwe spoke easily and deliberately, fmding his arms and occasionally striking the palm of his right hand with his fist for emphasis. The courtroom. filled to every nook and corner, was silent. Leopold, sitting at the attorney’s /table, looked off into space, occasionally glancing toward Crowe. Young Loeb seemed more interested cross &ing his legs and gazing steadfastly at the State’s attorney. Crowe told Trow the young slayers went to Peoria, 111., registered at a hotel and attempted to establish themselves as prosperous business men. At this point Benjamin Bachrach turned -and whispered in Loeb’s ear. Loeb nodded and passed some word along to Leopold, ,who also nodded, smiled a bit wistfully, then turned away. Ransom Letter Shown. Crowe then called for the original copy of trfe 10,000 ransom letter sent to Jacob Franks, the slain boy’s -father shortly after the murder. • Leopold, for the first time, appeared interested' This letter, couched in flawless English and perfectly punctuated, was one of his prides. The letter warned Franks that his son might he injured or killed unless he delivered the SIO,OOO according to instructions. The letter was signed “George Johnson.” Crowe said the letter had been written long before the murderers decided upon their victim. Not until after young Franks was killed did they address the letter to Franks. They had to consult a telephone directory to find the Franks’ address. This. Crowe argued, showed the cold-blooded nature of the crime. They longed to kill—they cared not who their victim was, the State's attorney said. It was only by chance Crowe said, that they fell upon the Franks boy. “The evidence will show that the boys went to the Leopold home, where they obtained a can of ether which Leopold used in etherizing birde.’l Crowe said,” “They secured ta'fie and- gags and set out in the rented automobile, stopped at a drug store and bought acid, which, they intended to trse in burning away the features of their little victim. “Only because John Levinson, another small millionaire’s son, hurried Tiome through an alley instead of following the sidewalk was this boy saved from the fate that befell Robert Franks,” Crowe declared. Leopold and Loeb, according to Crowe, drove their automobile to the Harvard private school, stopping a few hundred feet frtiei the playground, in order to avoid suspicion. Watched Ball Game They watched a score of boys playing ball and argued between themselves as to which ones they should kidnap and murder. They decided upon young Levinson, but when they missed him they decided the Franks boy would be their victim. They took notice of the fact that Robert’s father was a millionaire, Crowe said, and therefore would be willing to pay the ransom. “Seeing Robert Franks swinging gaily along a sunlit street these two defendants drove along side of him and invited the little youngster to get in for a ride,” Crowe said. “While one of the boys drove, the other leaned over from the rear and struck that innocent child over the 'Read with a tape-bound chisel. The hoy was pulled back into the back seat and covered with blankets. “Then Leopold and Loeb drove through the skuth side of the city and prepared to do away with their victim.” • “They prepared they hydrochloric acid and it was Leopold who tossed the burning acid on his face. The ether was not needed for the little boy—just an hour earlier a happy school boy—was dead.’* Crowe then described how Leopold and Loeb carried the boy’s body to the culvert near the city limits, stripped it, hid it carefully from the nearby road and then drove back to the Leopold home, where they burned the boy’s clothes. He told of Leopold throwing the chisel from the automobile, where it was later found. He related the experience of the two boys when they took their victim's shoes and belt and such articles as would not burn
Quarterly Dividends Four times each year Central Indiana Power Company’s dividend checks go to a great number of people who have invested in our 7% Prefer/ed Shares. These pajr* checks make substantial addition to family incomes. Each is an object lesson in the value of systematic’"thrift and wise investment. Since 1912 this Company has paid preferred dividends. Its operating subsidiaries supply electric power and light to 136 Indiana communities. Our Preferred Shares, at $92.50 each, pay better than on the investment. They are free from normal Federal income tax and, when held in Indiana, free froip state, county and city taxes. Sold for cash or on monthly payments. Call, phono or write. INVESTMENT DEPARTMENT YTtfJ-if.y Central Indiana Power Company or subsidiaries: Merchants Heat A Light Cos. Wabash Valley Electric Cos. Northern Indiana Power Cos. Indiana Electric Corporation. A Hoosier Institution
and buried them in the ground In th country. He told of how the boye destroyed the typewriter on which the v ransom letter was written, throwing it into a lagoop in Jackson Park. Leopold Watches Leopold watched Crowe closely. He seemed greatly interested In the details of the crime he had so carefully planned. As Crowe narrated the details. Nathan Leopold Sr. sat nearby, head bowed, tears trickling down his heavy robust face. Beside him was Foreman Leopold, okjer brother of the slayer. Jacob Loeb, uncle of Richard and Allen, his older brother, sat side by side near the Leopolds. Crowe told how the finding of Leppold’s spectacles led to the arrest of the defendants. Crowe described how he extracted the confessions. “Loeb demanded to know why he was being held,” Crowe said. “I told him that we were holding him because we were tightening the vWeb of evidence around his friend, Nathan Leopold. “I told him that we knew if Nathan Leopold -vras found to be the mfirderer that Loeb was also connected with it. “ 'My ' God! Is that right?* " LoeH shouted, according to Crowe. * ‘Give me a drink of water and I’ll tell you the whole story.’ “Then while Loeb was dictating his confession to one of my assistants Leopold called for me and said he wanted to ask a hypothetical question. I told -him to go ahead. Leopold Asked Question “ ‘Supposing John Dee committed this murder, don’t you suppose if he had parents as wealthy and influential as mine and could hire famous criminal attorneys and could go before a friendly judge and bribe the jury—don’t you think he could escape?’ Leopold asked. “ ‘Nathan Leopold, I am going to give you that chance,’ ’’ Crowe responded, he said. Leopold, dumbfounded, was then told that Loeb that very minute was giving his confession, according to Crowe. Leopold then broke down and told his story. Crow<b ended his statement with another dramatic plea for the death penalty. “We will show that all of these terrible things happened in Cook County, Illinois,” Crowe said. “And in the name of the people of Illinois, in the name of the motherhood and fatherhood of this country and of the children of this State, we will demand -that these wicked, cruel, atrocious murderers be hanged.” As Crowe sat down, Darrow, the sturdy chiefs defense counsel, arose and started, the opening statement for the defense. >
Judge Holds Fate Chief Justice John R. Caverly, a chunky, grizzled little man, npted for his rigid enforcement of the law, is a central figure in the drama taking place in court, for in his hands rests the fate of the two youths—whether they hang, are jailed for life or given a lighter sentence. There is no jury, for the boys pleaded guilty to the .crime and this trial is to determine whether there ara any “mitigating circumstances” to save them from the gallows. Arrayed against Leopold and Loeb is State's Attorney Robert E. Crowe, a heavy-jawed, grim-faced man, who is intent on sending them to thg noose. The central figure of the drama today is Jacob Franks, millionaire and aged father of the victim. The little old man literally bowed down with grief, is to bfe among the first of the State’s ifitnesses. Franks is to identify the grewsome exhibits, torn and tattered clothin* of his son. The clothing was ripped from the child’s body by the slayers in an effort to hide the identity of their victim. The dingy little courtroom, with a capacity of about 250, was jammed with the battery of defense lawyers, the staff of prosecutors, the four-score State witnesses, a veritable army of newspaper men, observers fj}Om Criminal Jpourts of other cities, leaving very few seats for would-be spectators who jammed halls and streets in an effort to get a glimpse of the drama. Mother to Testify Crowe also plans to call Mrs. Franks, the victim’s mother, to the stand. After the Franks testify, the coroner's pljysician is to take the stand to tell of the condition of Robert’s body. Before introducing alienists to show the defendants were and are sane, Crowe plans to place a large number of witnesses on the stand, to show, step by step, how the youths kidnaped and killed Robert; how they stripped the body and thrust it into a culvert on the southern outskirts of the city. Clarence Darrow-, chief attorney for the defense, will center his efforts on saving the boy's from the gallows. He hopes to show the boy* were not wholly responsible for theif act.
11
