Indianapolis Times, Volume 36, Number 80, Indianapolis, Marion County, 11 August 1924 — Page 11

MONDAY, ADO. 11,1924

STOCK EXCHANGE ACTIVE WITH STEEL HIGH Foreign News Considered Encouraging foFTrade Revival, Average Stock Prices Average price of twenty industrial stocks Saturday was 102.08, up .29. Average price of twenty rails was 90.74. up .54. Average price of forty bonds was 81 AO, off .07. By United Pres* NEW YORK, Aug. 11.—Prices opened about firm and quite active ' with steel selling at 108 %, up %. With exchange rates buoyant and foreign news distinctly encouraging, there was considerable buying of all classes of securities. Union Pacific at 143*4 in the fir3t few minutes of trading was up *4. Stocks opened irregular: IT. S. Steel 108 % .up % : New York. Chicago and St. Louis 113*4. up *4: General Motors 15. up *4 : Anaconda 36 %. oft *4 : Pere Marquette 65 % off % ; Atlantic Refining 82*4 oft 2%: Cast Iron Pipe 98. up %: Atchison IQ% up *4; Pa-Arm ican (B) 56. up 1: Reading 61 7 4. up % : American T. and T. 125 % : Southern Pacific 9514. up 44 : Union Pacific 143. STOCKS NOT TO STOP Opinion Does Not Count Much, for Higher Market Adds Confidence. (By Thomson & McKinnon.) NEW YORK, Aug. 11.—There is a remarkable unanimity of opinion that the stock market is not going to etop—that the advance is to continue. This in itself does not count for much because experience shows that the higher a market goes the more confident opinions and usually remain that way until long sifter the turn has be eh made. However, the news from Europe is very encouraging and the conference there is likely to prove a complete success, and the next step will be the big loan of which this country will have to take a goodly portion. • e This calls for favorable conditions in the money market here and further stimulation in the stock market and for that reason no serious setback in the stock marketis likely at the present time.

Indianapolis Stocks — Axs£. ll Interest was manifested in the entire list at Monday s s>-ssion of the local stock exchange. A meeting of the board of governors of the exchange was called for Wednesday at 11:30. Gains by stocks: Rauh Fertilizer, %: T. H. Ii E. pfd.. 1%: Union Traction com., *4. Losses: Indpls. St. Ry. pfd.. 1. Gains by bonds: Citizens Gas sa, % : ]Mto:s. Traction and Term.. \ • Indpls. 4*- s. % . Loss-s: Broad Ripple : li.dpls. St. Ry. 4s. %. Gains by bank stocks: Indiana Kational. 1% ; Indiana Trust. 2. Losses: Security Trust. 1. Stocks Bid. Ask. Advance Rumely com.. 11 % 12*4 Advance Rumely pfd 37 40 American Central Life 200 ... > m Creosoting pfd . 97 *4 ... Belt R R com 75 79 Belt R R pfd 52*4 ... Century Building Cos pfd... 98 ... Cities Service Cos com y.. Cities Service Cos pfd 103 Citizens Gas Cos com 28*4* 30 Indiana Hotel com 100 ... Indiana Hotel pfd .. . . . 100 ... Indiana Pipe Line 89 92 Indiana Title Guaranty .... 97 % .• • Indpls Abattoir Cos pfd 50 Indpls Gas 51 64 Indpls & Northwest pfd.,.. 34 ... Indpls & Southeast pfd 40 Indpls St Railway pfd 54 58 Merhcanta Pub Utn pfd.... 83*4 ... Rauh Fertilizer pfd ...... 48 53 Stand Oil of Ind 57*4 58*4 Sterling Fire Ins C 0...... 10 ... T H I & E eom._ 4 9 T H I & E pfd 11*4 17 T H Trac Sc I com 91 94 Un Trac of Ind com I % 4 Uc Trac of Ind Ist pfd... 12 18 Un Trac of Ind 2d pfd.... 4 9 Van Camp Ist pfd 100 Van Camp 2d pfd......... .. 100 Vandalia Coal Cos c0m.... ... 5 Vandalia Coal Cos pfd..... .. 8 Wab Ry Cos com 15*4 Wab Ry Cos pfd 44 46 Bank Stocks Aetna Trust and Savings C 0.106 110 Bankers Trust Cos 110 ... City Trust Cos 102 Continental National Bank. .105 110 Farmers Trust Cos 206 ... Fletcher Amer Nat Bank... 138 143 Fletcher Savings and Tr C 0.209 230 Fidelity Trust Cos 152 Indiana National Bank.... 253 % 257 Indiana Trust Cos .214 225 Live Stock Exchange Bank.... ... Marion County State Bank. 150 Merchants National Bank ..300 ... The Peoples State Bank. .200 ... Security Trust Cos 126 ... State Savings and Trust C 0.102 115 Union Trust Cos 320 345 sh Bank and Tr Cos 150 ... Bonds t R R Stock Yards 45.. 82 „ . . Broad Ripple 5s 67 70 Central Indiana Gas 65.... .. ... Central Indiana Power 6s. .. . ... Citizens Gas os 91% 93 Citizens Gas 7s 102 103*4 Citizens St Ry 5s e. 86 87 Indiana Coke and Gas 65.. 90 ... Indiana Hotel 5s 95 ... Indiana Hotel 2a 6s 100 ... Indiana Northern 6s ..... 25 ... Ind Railway and Lt 5s ... 91 ... Indpls Abattoir Cos 7%5. ..100 103 Indpls Col Sc South 65.... 96 100 Indpls Gas os 92 93 Indpls Light and Heat 55... *8 . Indpls Sc Martindale os ... ol *4 56 Indpls Sc Northern os .... 42 *4 46 Indpls Sc Northwestern os.. 50 53 Indpls Sc Southeastern os. . 25 ... Indpls Shelby & S E 05... 30 Indpls Street Railway 45... 64*4 66 Indpls Trac Term os 89*4 90 Indpls Union Railway 35.. 9914 100*4 Indpls Union Railway 4*4s. 100 ... Indpls Water 4lis 98*4 ... Indpls Water 4*4s 9144 92*4 Interstate Pub Serv 55..... 91*4 ... T H 1 Sc E os 65 69 T H Trac and Lt 5s 83*4 ... Union Trac 6s 55 58*4 LIBERTY BONDS Liberty Loan 4*4s 101 36 101.50 Liberty Loan Ist 4*4 5... 102.30 102.40 Liberty Loan 2d 4*4 s 101.46 101.5.2 Liberty Loan 3d 4*4s 102.40 102.50 Liberty Loan 4th 4*4s. .. .102.56 102.64 U S Treasury 4*4s 105.80 106.00 SI,OOO Indpls Trac Sc Term 5s at 89% Tank Wagon Prices Gasoline prices do not include State tax of 2c a gallon.) GASOLINE—Energee. 20c ner gallon; urol, 16.2 c: Red Crown. 16.2 c: Diamond. 16.2 c: Silver Flash. 20c: Standolind aviation. 23.2 c. KEROSENE—Crystaline. 11.7 c a gallon: Moore Light. 14.5 c; relite, 11.7 c: Perfection. 11.7 c; Solvent. 35c. NAPTHA—Lion Power Cleaners. 22.6 c a gallon; V M. Sc P„ 22.5 c; Standolmd cleaners. 23.5 c. Hay Market Prices agon load lot prire* hav and grain at are as follows: ■jKlmothv—slß@2o a ton: mixed. sl2 Tyis: baled. Sls@lß. Corn—sl @ 110 a bushel. Oats—ss @ 60c a bushel. Straw —Wheat. $8 @lO. Local Bank Clearings Indianapolis batik clearing# Monday were 453 622.000. Bank debits amounted to M4A72.000.

New York Stocks Railroads— 1:30 Prey. High. Low. p. m. close. Atchison ..105% 104% 105% 104% Tt C L 133% B & O 63% 62% 63% 62% C A O 88% 87% 88% BS% C&NWRy 61 % ... 61 % 61 % C R & P. . 34% ... 34% 34% Del & Lack.f4l% 140 141% 140 Erie 31% 31% 31% 31 Gt N pfd. . 66% 65% 66*4 05 Lebi Val . 52 51% 51% 60% N. Y. Cen.loß% 107% 108% 107% NYC & StL.ll4 113% 113 113 Nor Pac .. 65% 64% 65% 64% N A W. . .128% 127% 128% 126% Pere Mar .66% 65% 66% 66% Penn ....... ... .. 44 % Reading ..62% 61% 62 61% Sou Ry . . 64 63 % 64 64 Scu Pac ..96% 95% 90% 95% St P pfd.. 25% 27 20% 25 StLA SWpf 09 % 69 % 69 % ... Un Pac ..144% 143% 144% 143 Wab pfd .. 45% 44 % 45 44% Rubbers— Gdyr pfd . 54% 54 54% 53% Xel-Sprg .. 15% ... 15% 15 U S Rub . .. 31 31% Equipments— Am Loco . 79% 79% 79% 79% Bald Loco .120 118% 119% 118% Gen Elec .274% 272% 272% 273% Pullman ..132% 130% 132 130% West Elec . 64 % ... 64 64% Steels— Bethlehem . 44 43% 43% 43% Colo Fuel.. 53 51% 52 51% Crucible... 54% ... 63% 64 Gulf States 74 73% 73% 72 PR C A I 40% ... 49% 49% Rep I A S 47% 47% 47% ... U S Steel .108% 107 107% 107% Motors— Chand Mot 48% 47% 48% 47 Gen Motors 15 ... 14 % 15 Mack Mot. 95 94% 95% 95 Max Mot A 50% ... 60 60% Studebaker 37 % ... 36 % 37 % Stew-Warrx. 52% 50% 60 53 Timken ... 35 % ... 35 % 35 Willys-Over.. 8% . _ 8% 8% Minings— Int Nickel. 17% 17% 17% 17% Tex G and S 74% ... 74% 74% Coppers— Am Smelt.. 69% ... 69% 69% Anaconda .36% 36% 36% 36% Kennecott.. 47% ..-. 47% 47% Oils— Cal Petrol.. 22% 22% 22% 22% Cosden ... 27 % 27 % 27 % 27 % Marland Oil 31 % ... 31 % 31 % Pan-A Pete 56 % 50 56 55 % P-A Pete B 56% 55% 65% 55 Pacific Oil. 48% ... 47% 47% Pro and Ref 31% ... 31 30% Pure Oil.. 23% ... 23% 23% S Oil of Cat 68 % 68 % 68 % 69 S Oil of NJ36 % ... 35 % 30 Sinclair ... 17% 17% 17% 17% Texas Cos. . 40 % 4040 % 40 % Transc Oil 5% . „ 4% 4% Industrial*— Alld Chem 76% ... 78 76% Am Can ..120% 125% 126 125% Am Wool.. 75% 74% 75% 74% Coca Cola.. 74% ... 74% 74% Congoleum. 62% 62 52 51% Cont. Can.. 58% 57% 57% 57% Davison Ch. 54% 54 54 54 Fam Play.. 83 82% 82% 82 Gen Asphalt 44% 43 43% ... Inter Pap. ... ... ... 63 % Inter Harv ... . ■, . ... 95 % Mont A W.. 36% 30% 30% 35% Nat Lead.. 103% 161% 163% 160% Sears-Roe. 105 104% 105 104% U S C I P.. 96 94% 05 95% US In AL. 73% 72% 73% 72 Utilities— Am T A T 125% 125% 125% 125% Con Gas... 70 70 % 70 % 70 % Columbia G. 40 % 39 % 40 % 39 % Shipping— Am Int Cor 25% 24% 25% 24% In M M pfd 38% 37% 38 S”S Foods— Am 5g.... ... ... .. . 43% Com Prod. 32% 32% 32% 32% C C Sg pfd 61% C-Am Sg... 30% 30% 30% 30% Tobaccos— Tob P (B) 65% 65 65 % 64%

GRAINS SHARPLY LOWERAT CLOSE Hedging Pressure Causes Wheat Decline. By United Press CHICAGO, Aug. 11.— Grain futures fell off sharply in trading on the Chicago Board of Trade Monday. Heavy liquidation during the final hour of trading further depressed wheat, which was in a weakened condition all day through hedging pressure and insufficient speculative buying. Weakness In wheat and an increase in the visible supply together with better state crop reviews sent corn down sharply. Oats felt the effects of weakness in other grains and sharp break in cash premiums. Lower grains and hogs caused a lower finish in provisions. Chicago Grain Table —Aug. 11— WHEAT— Prey. Open. High. Close, close. Sept 1.28 % 1.28 % 1.26 1.26 *4 1.28*4 Dec. 1.3214 1.32*4 1.29*4 1.30*4 1.32*4 May 1.37 1.37 1.35 1.35% 137*4 CORN— Sept 1.15*4 1.15*4 1.13 1.13*4 1.14*4 Dec. 1.05*4 1.05*4 1 03*4 1.03*4 1.05 May 1.05** 1.05*4 1.04 1.04*4 1.05*4 OATS— Sept 49 % 49 *4 48*4 48 *4 - 49 % Dec. 62 62 61*4 51*4 52*4 May 54% 54% 54*i 64*4 54*4 LARD— Sep 13.70 13.70 13.50 13.50 18.65 RIBS— Sep 12.35 12.35 12.00 12.00 13.40 RYE— Sept 92% 92% 89*4 90 93% Dec. 97*4 97*4 92*4 03*4 07% May 1.01*4 1.01% 97*4 87*4 1 01*4 CHICAGO, Aug. 11.—Caglot receipts were: Wheat, 782; corn, 181; oats, 62. CHICAGO. Aug- 11.—Wheat—No. 1 red. $1.30*4; No. 2. $1.30® 1.30*4: No. 3. 51.29*4: No. 2 hard, $1.28® 1.29 *4 : No. .3. [email protected]. Corn—No. 1 yellow. 51.15*4: No. 2. $1.14*4 ® 116; No. 3. $1.13*4 @1.15; No. 4. 51.12 *4 ® 1.13 *4 ; No. 5. $1.12*4: No. 2 medium. $1.14*4® 1.15: No. 3. $113*4 @1.13*4; No. 4. $1.12*4 @1.13; No. 5. $1.12*4: No. 6, 5111*4: No. 1 white. $1.16: No. 2. $1.14*2 @1.15*4 : No. 3. $1.13*4® 1.14%: No. 4, $1.12*4: No. 5, $1.12® 1.12 *4; No. 6. $1.11*4. Oats —No. 3 white. 49*4 @s2c; No. 4. 49*4 @soc; standard. 47 *4 @49 *4 c. Barley—7s@B7c.‘" R.ve —No. 2, 93 *4 o."^-Timothy—$7 @8.25. Clover —sl2 @21.50. ST. LOUIS. Aug . 11/—Corn—No. 2 white. $1.14: No. .3, [email protected]; No. 4. $1.12: September. $1.13*4. Oats—No. 2 white. 51 *4 @52 *4 c: No. 3. 51@51%c: No. 4, 50*4 c; September. 50 *4 c. Wheat —September. $1.25*4: December, $1.29; No. 1 red $1.37*41.38: No. 2, $1.34® 1.37; No. 3. $1.28® 1.34; No. 4. $1.25® 1.30; No. 5, $1.17; No. 1 hard. $1.24® 1.25; No. 2. $1.23® 1.23*4 : No. 3, $1.22 @1.23; No. 4. $1.21 @1.22. TOLEDO. Aug. 11.—Wheat—$1.30® I. Corn—No. 2. $1.21 @1.22: No. 3. $1.20® 1.21. Rye—92c. Oats—No. 2, 58©59c: No. 3, 56*4 @s7*4c. Barley—88c. Cloverseed—sll.Bo; October. $12.50; December. $12.10. Timothy—s3.6s: September. $3.80: October, $3.70; March $3.90. Alstke—slo.Bo; August, 11. October, $11.75. Butteiv—4l @ 42c. Eggs—27 @ 26c. Hay—s3o. Local Wagon Wheat Local grain elevators are paying $1.22 for No. 2 red wheat in wagon load lots. Others priced accordingly. Cuban Sugar Favorable Bu Times Special NEW YORK, Aug. 11.—The new Cuban sugar crop is progressing favorably, contrary to rumors being circulated that drought conditions are seriously affecting it, declares Federal Sugar Refining Company in its review of the industry. The weather has, in fact, improved, rains having fallen generally throughout the island, according to the latest report from the Island.

HOG PRICE CUT 25C; TOP, JIILIO / \ % Cattle Exceptionally Draggy —Calves Advance, —Hog Prices Day by Day— Aug. Bulk Top Receipts 5. [email protected] 10.65 10.000 6 10.50 10.60 9.000 7. [email protected] 10.36 7.000 8 10.40 @10.5010.55 6.000 9. 10.25 10.25 5.000 11. 10.00 10.10 8,000 With very few good hogs in receipts of 8,000, prices declined approximately a quarter at the local livestock market Monday. The majority of the porkers received sold at $lO. Several strings of choice lightweights brought a top of $lO.lO. Heavies sold slow at $lO. Other weights sold at that figure. Pigs were selling at $8 to $9.75. Smooth packing sows brought $8.25 to $8.50 and roughs sold at $8 to $8.25. Large holdovers from previous day’s sales have proved a slowing factor in the local market recently. It is the opinion of traders that as soon as demand increases enough to absorb the entire offering, prices will again rise. Monday's holdovers amounted to 1,219. Cattle trading was very slow with prices barely steady to lower. Few steers were received and those that were in the pens were of poor grade. The highest price sale in the early trade was at SB. Cows appeared to be the steadiest of any cattle division. One or two sales were made as high as $6.75 and some were bebeing held at $7. Heifers were exceptionally draggy and few sales were mad higher than $9.25. Receipts were 1,100. A half dollar was added to choice veal quotations making a top of $10.50. The bulk of good calves sold at $9.50@10. Receipts were estimated at 400. Under more active demand, lamb prices made a general advance of 50 cents. Choice lambs sold as high as $12.50. Sheep were steady at $3 to $6. Receipts were 250. —Hon— Choice lights 510.00 Light mixed 10.00 Medium mixed io 00 Light lights 9.75 @lO 00 Heavyweights 1000 Pigs 8.00 @ 0 75 Sows B.oo@ 8.50 ■ tattle ■ Steers. 1.240 lbs. up. choice.s [email protected]' Fair to good „ B.oo@ 850 Steers. 1.000 to 1.200 lbs.. choice 9.50® 10 25 Fair to good . 8 00@ 825 Choice heiters 9.50 @10.15 Common to Aair heifers ..... 500 @ 7.50 Baby beef mwfers 9.25@10 00 Medium to common cows... 3.50@ 450 Choice 6.00 @ 7.00 Canners 2.75® 300 Choice light bulls 4 50@ 5.00 Choice heavy bulls 4.00 @ 5.00 —Calves— Choice veals 510.50 Good veals 7.50@ 0.00 Common heavies 6 00@ 6.50 Bulk of sales 9.50 —Sheep and Lamb*— Choice lambs sl2 50 Heavy lambs 10.50 @11.50 Cull lambs 6.00 @ 6 75 Good to choice ewe# 3 50@ 600

Other Live Stock CHICAGO. Aug. 11.—Cattle—Receipts, 21.000; yearlings and handyweight steers steady, fairly active; weighty kinds dull, weak to 16c lower: most grade# fat she stock showing decline; early top handyweight steers. $10.75: few heavies sold; bulls steady to strong: vealers steady, moatly slo® 10.50; large beef run steer-, Stockers and feeder# in re<-elpts. Sheep— Receipts 20.000: market slow; few sale-: fat lambs steady. 25c lirwsj-; early sales natives, sl3: aorting moderate; good to choice Oregon lambs. $13.25: sheep and feeders steady; odd lots fat ewe*. $4.75® 7; choice feeders. sl3. Hogs—Receipts. 56.000; market 10® 15c lower: slaughter pigs 25c lower; top. $10.20: bulk, $8.90@ 10; heavyweight. $9 65® 10 15: mediumweights. $9.90 @10.20: lightweights, $9.40 @10)20: light lights. $8 90© 10: packing sows, smooth. $8 40® 8 90: packing sows, rough, $8 @8.40; slaughter pigs, $8.25® 9.25. CINCINNATI . Aug. 11. —Cattle— Re. ceipts. 2.200; market, slow: shipping steers, good to choice. $7.50 @9.25. Calves —Market, steady: good to choice. $8.60® 9.50. ""Hogs— Receipts. 4.500: market, 25 @3sc lower- good to choice packers and butchers, $1035 Sheep—Receipts. 1.200: market, steady; good to choice. $4.50@6. Lambs-—Market, steady-; good to choice, sl3© 13 50 EAST BUFFALO. Aug. 11.—Cattle— Receipts, 2.700: market. active, firm: shipping steers. [email protected]; butcher grades. [email protected]: heifers, ss@B; cowa, s2® 6.50: bulls. [email protected]: feeders, $4.25 @6.50: milk cows and springers, s3o® 120. Calves—Receipts. 1.500: market, active. 50c'ft $1 higher; culls to choice. $3 50® 1150. Sheep and lambs—Receipts. 300: market, lambs slow, sheep active: choice lambs [email protected]: cull to fair. $8 @12.50: yearlings. s7@lo 50: sheep. s3@9. Hogs—Receipts. 1.280: market. Blow; Yorkers. slo® 10.75; pigs. $9.75® 10: mixed. $lO 75: heavies. $10.75: heavies. $10.75: roughs, sß® 8.50; stags, [email protected]. CLEVELAND. Aug. 11.—Hogs—Receipts. 550; market. Id@2sc lower; Yorkers. [email protected]: mixed. $10.25: medium. $lO 25® 10.35: pigs $0.50: roughs. $8: stags, $5.50. Cattle—Receipts, 1.000; market, steady: good to choice bulls. ss@ 6.50; good to choice steers. $8 @9.50: good to choice heifers. $6 @7.50: good to choice cows, [email protected]; fair to good cows. [email protected]: common cows, s2@3; milchers. SBS @75, Sheep and lambs—Receipts. 800; market, slow; top, $1.3 Calves—Receipts, 800; market, $1 higher; top. sl2. TOLEDO. Aug. 11.—Hogs—Receipts light; market steady: heavies, $10.25® 10.40; medium, $lO [email protected]; Yorkers, [email protected]; good pigs. [email protected]. Calves—Market steady. Shaep and lambs —Market steady. PITTSBURGH. Aug. 11. —Cattle—Receipts. 150 loads; market, lower: choice. •7 50® 10; good, [email protected]; fair. $6.50 @7.75: veal calves. $10.50® 11. Sheep and lambs—-Receipts. 14 double deckers: market, steady: prime wethers. $7.25® 7.75: good. $6.50@7; fair mixed, ss@6: lambs, $8 @13.50. Hogs—Receipts, 30 double deckers; market, strong: prime heavy. $10.75® 10.85; medium. sll® 11.25; heavy Yorkers. [email protected]: light Yorker*. $6.75 @10: pigs. [email protected]; roughs. $7.50® 8.25: stags. $4 @4.50. STEEL TRADE OUTLOOK . REPORTED IMPROVED Structural Branch Makes Best Showing; Pig Iron Production Slumps. Bp United Press PITTSBURGH, Aug. 11.—A distinct Improvement In steel trade sentiment is reported, but the increase In demand in the last month has been irregular, according to R. ! G. Dun & Cos. Not every line has shared in the larger buying, and price concessions, especially on forward business, have not wholly disappeared.. The structural branch makes the best showing, but there is a more favorable outlook in the agricultural steel end, owing to the rise In grain prices. Turning to pig iron, the July production figures, as was expected, make a poor exhibit. At only 57,577 tons, daily average output last month was at the lowest point reached since January, 1922 and The Iron Age reports a further net loss of 17 in the number of active blast furnaces. It is stated, however, that the make of pig iron in July was out of line .with consumption, and it seems probable, in view of this fact, that the decrease will be checked this month.

THE INDIANAPOLIS TIMES

Produce Markets Fresh eggs, loss off, 26c: packing stock butter, 24c: fowls. 4% lbs. up. 20c; fowls under 4% lbs.. 17c: cocks. 11c: springers. 1924, 2-lb. size. 28c: young tom aurkeys 12 lubs. up, 24c: young hen turkeys, 8 lbs. up, 24c: old tom turkeys, 19c: ducks. 4 lbs. up. 12c: spring ducks. 4 lbs. up, 15c; geese. 19 lbs. up. 11c; squabs, 11 lbs. to dozen. $3.75. NEW YORK. Aug. 11.—Flour—Steady, unchanged. Pork—Dull. Mess—s 26 @ 27. Lard—Quiet: midwest spot, $14.30 @ 14.40. Sugar—Raw, firm; centrifugal, 90 test. 5.15 c: refined, firm: granulated, 6.40 @6.60c. Coffee—Rio spot. 10%c: Santos No. 4. 20% @3o%c. Tallow—Quiet: special to extra, B@B%c. Dressed poultry— Quiet; turkeys. 30@41c; chickens, 34@ 45c; fowls, 16@30c: ducks, 24c: ducks, Long Island. 23c. Live poultry—Steady: geese, 10@ 14c: ducks. 10@ 24c; fowls. 21 @2sc: turkeys. 25 @ 30c; roosters, 16c: broilers, 29 @ 35c. Cheese —Quiet: state whole milk, common to specials. 15@23c; state skims, choice to specials, 11 @ 12c; low-er grades. 4(8 10c. Butter —Firm: receipts, 10,285; creamery extras, 38%c; special market, 39@30%c. Eggs—Quiet; receipts. 6,483: nearby white fancy, 61 @ 52c: nearby state whites, 32 @ 50c; fresh firsts, 29 Vi @ 37c: Pacific coasts. 37(8 40c; wetsem whites, 32® 50c; nearby browns. 38 @ 46c. YOUTHS HARMLESS IP NOTTOGEIHER (Continued From Pane 1) both boys indicated diseased functions of their brain. “Are you sure, doctor, that these two intellectuals didn’t cheat you?” Crowe asked. “I am sure they didn’t,” the witness replied. “Well, couldn’t they have cheated you if they had wanted to?” "No." “Why?” “Because I’m brighter than they are.” “Do you mean Intellectually or emotionally?” “Both,” the doctor replied, with a smile toward the youthful college graduates. “Does that go for the precocious Mr. Leoopold a3 well as Loeb?” “Yes, sir.” Credibility Assailed Crowe assailed the credibility of Dr. Halbert as a witness, repeatedly drawing admissions that the witness himself had not conducted several of the laboratory tests and that he could not give the names of laboratory experts wjio made them. Crowe consumed considerable time in the examination of Dr. Hulbert. demanding the witness give full and detailed definitions of several highly technical terms which he used in direct examinations. Dr. Hulbert was asked to explain how thoroughly he waa acquainted with the sex life of Leopold and Loeb. During the course of this examination. Crowe asked the witness whether hi 6 opinion of Loeb would be changed f he knew that Dickie had a social disease at the age of 15. The doctor Bald “it might.” Throughout his examination of Dr. Hulbert, Crowe endeavored to show the youthful physician did not unijprstand fully some of the technical terms he used when questioned by the defense. Several times Crowe broke in with the following questions: “Asa matter of fact, doctor, you’re not exactly sure what you’re talking about, are you?” Each time the witness, although obviously annoyed, snapped back: "Certainly I do.” Court recessed at noon with Dr. Hulbert stUl on the stand. Darrow hopes to rc his case this afternoon with a few lay witnesses. Darrow decided at the last minute to use no’more medical experts In the defense case and is understood to have reached an agreement with State's Atrorney Crowe whereby the State will call no more than four alienists —the same number that testified for the defense.

Brothers to Testify Among the "lay” witnesses to bo used by Darrow are Foreman Leopold and Allen Loeb, older brothers of the slayers, and Loeb, Dickie’s uncle. Nathan Leopold Sr., although a daily attendant at the hearing, probably Vvill not be called. Loeb’s father and mother are ill at their summer retreat in Michigan. Jacob and Allen Loeb and Foreman Leopold will offer only "strictly impersonal” testimony, Darrow said. These will not discuss the activities of Nathan and Richard, but will simply Identify numerous defense exhibits. The State, when its turn comes, will call first upon Dr. William O. Krohn, Chicago alienist, Crowe announced. Doctors Harold D. Singer, Archibald Churph and Hugh T. Patrick also will be used by the State in its effort to show Leopold and Loeb are sane and entirely responsible. Among the two score lay witnesses which Crowe may use are University of Chicago professors, students and friends of the two defendants. Report of Dr. James Whitney Hall, chief of the defense alienists and the man who organized all the defense medical evidence, has been made public. Leopold and Loeb, according to Dr. Hall’s report are "psychopathic inferiors,” a term which he says is practically synonymous with a normal imbicility, "normal deficiency,” "moral insanity” and “impulsive insanity,” Unfit for Society “Their make-up unfits them for any part in society,” the report states. "They are both anti social and unsocial in all their conclusions "They would not be satisfied in heaven and they probably would wreck hell. "They are ships with sails, but they have no anchors. "Loeb, the infantile adult with highly perverted emotions, has no philosophy or law that directs him. He simply commits crime because he wants to. He gives no adequate explanation—if there could be one. His feeling toward his mother, toward his brothers is so highly anti-social that he Is a dangerous man. "Leopold, on the contrary, has a definite philosophy based entirely upon an egocentric center. Highly intellectual, with perverted ideas of greatness and importance, these ideas carry him away and apart from his fellow man. And with the exception of his self-satisfaction which he got from his association with Loeb, he got but little out of life.”

VAMPIRE KILLER UNTOUGHED BY HORRIBLE GRIME Has Confessed Murdering 14 Boys, but Police Say 22, By CARL D. GROAT United Press Staff Correspondent BERLIN, Aug. 11.—Unmoved at the enormity of his crimes, Herr Haarmann, Hanover’s "vampire murderer,” has confessed to killing fourteen youths, dumping their bones into the Lelne River, and proceeding to hunt even more victims. The police, whose stool pigeon he was, charge now that he killed at least twenty-two, but Haarmann, sitting in solitary confinement in the town jail of Hindenburg's home town, swears it “was only fourteen.” Beyond that, he will not go. He refuses details of his operations and of the strange bloodlust that caused him to lure youths to his den in the shadow of police headquarters at Hanover and there slaughter them by tearing open their throats, vampire-like, and sucking their blood. Nor will be tell the police anything to help them clear up the mystery of how he succeeded in a period of three years to slaughter so many victims without ever being suspected of such gross crimes. The police now recall that he had been held previously because some of his male acquaintances disappeared mysteriously, but they were unable to pin anything onto him. And it was only a short time ago that the Leine began giving up its dead, which finally opened the oyes of the police about their stool pigeon, Haarmann. Sold Flesh as Meat They swooped down cn his den, used as an old clothes shop and meat market and found some indications of his murderous pursuits; likewise mad ethe revolting discovery that Haarmann, like the famous Berlin butcher-mupderer, Grossman n, may have sold some of his victims' flesh as meat. Further digging brought to light the character of Haarmann's activities. The Leine was drained and yielded up many bags of incriminating bones—mute evidence of Hafirmann’s murderous lust. The police then unraveled a hit of the * complicated story. Haarmann and an accomplice lured youths to the den with promises of money, sometimes also telling them that they could be entertained by his mythical "beautiful l*-year-old daughter.” Worked Railroad Station Haarmann operated chiefly around the Hannover Railroad station. He had a false police document permitting him entrance to the building at all hours of the day and night. Here he found unemployed youths who had no homes, and besought them to share his quarters. Most of the homeless needed no urging. They went willingly with the vampire, who gave them to eat and offered them a bed wherein to sleep. But as they slept, Haarmann killed them, opening the Jugular vein with his fang-like teeth. Then he chopped up the bodies and threw them, in sacks, into the Leine.

Let Out of Asylum That Hermann escaped the hand of the law so long has caused a storm of public anger in Hannover. Haarmann, it develops, was at one time in an insane asylum, hut was let out again, despite the 'fact that the authorities then established that he was not "accountable" for any deeds he might commit. The public rage is the deeper since lt has developed that Haarmann was permitted to engage in a number of shady deals simply because he helped the police with his stoolpigeon activities. Births Boys Charles and Calla Williams. 824 S. Belmont. James and Vernor Dawson, 1832 S. Keystone. Wheeler and Sadie Cheeks, 881 W. Twen-ty-Fifth. Thomas and Resrina Ferrell, St. Vincent Hospital. Carl and Kathleen Moldthan. St. Vincent Hospital. Howard and Catherine Hartman. 2944 N. New Jersey. James and Ethel Brullet. 3454 W. Michigan. Albert and Margaret Pike. 608 Patterson. Henry and Mabel Gaalema, 1243 S. SenCharles and Edith Stevens. 310 N. East. William and Velma Brewer, 1133 McLain. Oouglae and Georgia Pierce, Methodist Hospital. Girls Samuel and Helen Via. 3035 W. ingtonGeorge and Patience Reeves. 526 N. West. Raymond and Estelle Schmandt, Bt. Vincent Hospital. Ralph ana Ada Scheidler. 3221 Bellefontaiue. Roy and Lillian Woodbury, 1005 N. Pennsylvania. Stanford and Bertha Jones. 1610 N. Rural. Harrison and Myrtle Ledbetter, 1037 Goodiet. Arthur and Velia Sunderland. 613 N. Healing. Ray and Edna Brown. 819 Highland. Clyde and Palma Mitchell, 541 Bell. John and Clara Tatton. 1235 S. Pershing Benjamin and Fannie Flint. 722 N. Drexel. John and Grace Wilson. Methodist Hospital. Walter and Etta Smith. Methodlt* Hospital. Robert and Alice Parish, Methodist Hospital. Deaths Melia Williams. 51, city hospital, pulmonary odema. Albert Leroy Emert. 50, 1106 Windsor, carcinoma. Merle Caldwell Fisher, 1. Methodist Hospital, fractured skull, accidental. Miheael Grace. 76. 3966 N. Pennsylvania, chronic myocarditis. Infant Totton, —, 1235 8. Pershing, premature birth. Mary Anna Kammerling. 73, 332 N. Noble, chronic myocarditis. Louis Goetz, 57, 2141 N. Talbott, cirrhosis of liver. < Mary F. Mnhl, 71, 2346 Broadway, chronic interstitial nephritis. John V. Pulliam. 70. 760 E. McCarty, carcinoma. Abbigail Baugh. 41, dty hospital, appendicitis. Anna Jackson, 83. 842 W. Vermont, carcinoma. Laura C. Holmes. 61, 1625 Wilcox, angina pecteris. William Delashmit. 87. Long Hospital, acute myocarditis. Building Permits L. R. Adams, dwelling. 401 Berkley Rd. $6,000. L. R. Adam*, furnace. -401 Berkley Sd.. ~s2o<X.

They Run La Follette’s Campaign

Here are some of the leaders of Senator Robert M. La Follette’s presidential campaign. The picture was taken in Washington during a two-day conference of the National Committee for Progressive Political Action, called to select a vice presidential nominee and formulate campaign plans. Seated, from left to right, are: Arthur E. Holder, secretary of the committee; Parley P. Christensen, Utah, third-party candidate for President in 1920; William H.

DAVIS ASKS QUICK CAMPAIGN START (Continued From Page 1) will not be disappointed. I do not .wish to anticipate in any way what ft shall have to say tonight concerning the issues of the campaign. Deserve to Win "Tt is enough for me to say that personally I feel sure that we will win, for the best of ail reasons, namely, that on the Issues we deserve to win, I am a profound believer not only in the right, but in the power of the people to govern themselves. "We have staked ail that we are and have as a Nation on the belief that they will decide right provided they are sufficiently Informed. The chief thing is that they shall be brought to know the facts. It is your duty and mine to see that the public are fully informed concerning these things that will influence their decision in November. I promiseyou to spare no effort to this end.” Clarksburg Stirred Clarksburg awakened today to the greatest day of its history when it will give its favorite son to his party as a candidate for the presidency. There was a continual blare of bands as the great day moved on through event after event toward night, when .John W. Davis will accept formally and officially the nomination of his party. Democratic chieftains are here, a greater array of high officials than this city ever saw before. Everything is in readiness for the big celebration tonight at Goff's Plaza, on a high hill overlooking the city The radio is installed. It has been tried out by the candidate who talked into the sounding board Sunday for several minutes while a great crowd which had gathered in the blistering heat of the West Virginia sun looked on. A string of events was scheduled for the afternoon, Including a luncheon In Davis’ honor and a monster parade through downtown streets. No one works here today. The spirit of holiday, of carnival, is in the air. It began Sunday t night when everybody was on the Streets and fine good humor prevailed. The city is decked from tip to toe. Pictures of John W. Da ids are every, where in shop windows, hanging from the front of homes. Every road leading out of the town is streaming with flags and banners for miles.

Early Breakfast The candidate was up for an early breakfast, preparatory' to the day’s ceremonies and its climax tonight, when he will -accept the nomination and sound his campaign appeal to the voters of the country. Several of the leaders of the party called on him at his home Sunday and talked over plans for the campaign, including George Brennan of Illinois, who arrived with a delegation of fifteen In a special private car. The nominee attended the Central Presbyterian Church Sunday, accompanied only by his bodyguard, "Bill” Nye. His wife worshipped at Christ’s Church, Episcopal, SPEECH BY RADIO Bu United Press WASHINGTON, Aug. 11.—Direct wires from Clarksburg, W. Va., to station WCAP, Washington, will carry the speeches and exercises incidental to the official notification of John W. Davis of his nomination of the Democratic party for the presidency tonight. v Othei broadcasting stations will be hooked up with WCAP, enabling listeners in all parts of the country to hear the speeches. The ceremonies will commence at 8 p. m. Eastern Standard Time, and will be broadcast by the following stations: WCAP, Washington; WEAF, New York; WNAC, Boston; WJAR, Providence; WMAF, South Dartmouth; WGR, Buffalo; WGY, Schenectady; KDKA, Pittsburgh; WDAF, Kansas City; WLW, Cincinnati; WGN, Chicago, and WSB, Atlanta.

J. T. Roberts. dwelling, 1310 Castle, $2,800. Charles Thielmann, garage. 1522 N. Tabor, $250. Robert Dallas, garage. 743 N. Garfield, $2lO. Fred Karstedt. dwelling, 40°8 Bowman, $3,000. Court Realty Company, dwelling. 5506 Wintlirop, $3,250. George E. Gilltnan,. reroot, 942 N. Temple. S2BO. Eli Lily Company, remodel. 240 H. McCarty, S6OO. Kate Dukes, garge, 3034 Newton, $250. William G. Williams, reroof, 963 W. Thirty-Third. $215. Ben Claud, reroof, 2237 N. Meridian. $260. Joseph Byrket, garage. 39 W, Morris, S2OO.

Johnston, president International Union of Machinists, who served as chairman of the Cleveland convention that nominated La Follette, and John M. Nelson of Wisconsin, La Follette’s national campaign manager. Standing, left to right, are R. T. Wood, and Herman L. Ekern, attorney general of Wisconsin.

Washington Bureau The Indianapolis Times 1322 New York Ave., Washington, D. 0. Any one of the following booklets may be obtained for fire cents. Any two of them may be obtained for eight cents, and any three or more at the rate of three cents each in postage stamps or money order. (Clip from here down. Send the coupon to Washington address, not to Indianapolis.) I have marked an “X” beside the bulletins on the list below which 1 want and enc105e.....-*...... cents in loose postage stamps for same:

Send the ones marked “X” to— Xante .*..........• ....*• ♦ ....•.....^ Street and No.#*. City..... State .

PRESIDENTIAL CAMPAIGNS AND PARTY CONVENTIONS— How the big parties name candidates, draw their platforms and the machinery of election. SOLDIER BONUS —Tells Who, How Much, Wheres When and How for the veteran who haa to make out an application fior cash bonus or insurance from the government. BACKYARD PLAYGROUND8 —A bulletin of health. Tells how dad can construct a play place for the children at little cost that will keep them oft the streets. HOW TO OWN YOUR OWN HOME —Information for prospective home buyers or builders. Gives details of financing, mortgages and other aids for the lay purchaser. PALMISTRY —An illustrated bulletin on reading character and telling fortunes by palmistry; everything clearly and simply explained. PARTIES FOR ALL OCCASION8 —Formal and informal dinners, dances and costume parties, afternoon teas and parties, parties out of doors, lunchaons, children’s parties, etc. RADIO INFORMATION —A bulletin giving sources of radio Information; tells you where you can find out anything you wish to know about radio. Contains Mors® c ->de and map of radio districts. RADIO BROADCASTING BTATIONS —A complete Hat of all stations in North America which broadcast music, speeches and program i, alphabetically arranged by call letter. HOUSECLEANING MADE EASIER —A booklet for the housewife that covers every phase of the housecleaning problem, prepared by government experts, and fully illustrated. TEETH —A bulletin on how to have good teeth and their Importance. Tells all teeth facts from baby's first milk tooth to grandpa’s last molar. INTERIOR DECORATING —A bulletin of practical suggestions for the woman who wants to utilize the materials available to her, to beautify her home, prepared by a woman for women. YOUR DOG —A bulletin on the selection, care, management, feeding, treatment, diseases and training of dogs. Answers all your questions on what dog to keep for your particular family. BUDGETING AND HOUSEHOLD ACCOUNTS —A manual for managing the modern household; tells you how to apportion your expenditures to fit your income. CARE OF THE HAIR —A bulletin for the woman who would have beautiful hair; everything you need to know—shampoo, tonics, and how to dress your hair to suit your type. CONDENSED HISTORY OF THE WORLD WAR—Crammed with facts and figures and Interesting data on the great world struggle; compiled right from Uncle Sam’s War department. SUMMERTIME COOKERY —A bulletin of hot-weather suggestions for cooling and appetizing dishes and how to prepare them, compiled from tested recipes. DEBATES MANUAL —An excellent booklet for the school boy or girl. Gives outline of debate methods, lists of subjects of current interest and general hints. THE BEAUTY BOOKLET —A bulletin compiled by experts containing recipeß, formulas and suggestions for all sorts of beauty and toilet preparations. CAKES AND COOKIES —Recipes of all kinds for many dainty and toothsome cakes and sweets for parties, functions and every-day use. CARE OF CANARIES—AII about your pet birds, how to care for them, feed them, what to do when they are sick; how to breed and rear the yellow songsters. HOME - CANNING OF FRUITS AND VEQETBLES--An Indispensable kitchen manual prepared by government experts on canning methods. CONSERVES, JAMS 7 MARMALADES and PRESERVES—-^ Tells how to "put up” all these dainties in your own kitchen for winter use. „ ETIQUET FOR EVERYBODY —A complete, condensed manual of etiquet for all occasions. How to avoid embarrassing situations gracefully. THE CARE OF GOLDFISH —Valuable suggestions, prepared by government experts, on the proper care and feeding of your aquarium. REMOVAL OF STAIN —This book is a chemistry textbook in simple language telling anybody how to remove any sort of stain from ciothing and cloth materiaL SALADS AND BALAD DRESSING —Full of suggestions for dainty salads and dressings, by means of which meals may be varied by the housewife. BANDWICH SUGGESTIONS —Contains sixty suggestions for dainty sandwiches. Solves the problem of “what to have” for luncheon. HOW TO PLAY MAH JONGG —A booklet giving authoritative rules of the gfrme and a clear explanation of how lt is played. Every step Is explained. HOW TO DANCE —A six-page booklet fully illustrated, showing the novice the correct positions and dance steps of the standard dances, with full Instructions. J

BUGGY CAUSES INJURY Shaft Punches Tlirough Auto Striking Passenger. William Beasley, 20, of Martinsville, Ind., received a severely lacerated side in an accident at Union and Carson Sts., Sunday. Police said he was in the rear seat of an auto driven by Mrs. Bessie Ray, 30. of 1921 Charles St., when the shaft of a buggy driven by Gus through the back of the Ray car and struck Beasley. Hess and Mrs. Ray were charged with assault and battery. John Clarke, 2061 Columbia Ave., was injured about the head, chest, left shoulder and ankle, when he was struck by an auto driven by Willard Shackelford, 58, of the State Fairground Hotel, at Michigan St. and Sherman Dr- Shackelford was charged with assault and battery and failure to stop at a preferential street. Killing Is Mysterious By United Press TERRE HAUTE, Ind., Aug. 11.— From a dark comer of the home of Ben Hopkins, colored, northeast of here, a gun barked four times and Hopkixis fell, mortally wounded. Sheriff's men promised an arrest today.

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