Indianapolis Times, Volume 36, Number 82, Indianapolis, Marion County, 13 August 1924 — Page 11

WEDNESDAY, AUG. 13,1924

COPPER STOCKS .LEAD EXCHANGE TO HIGHOPENING New York Central, at New Level, Features Rail Issues, , - ! .Average Stock Prices Averaire price of twenty Industrial stocks Tuesday was 101.51, off .69. Average price of twenty rails was 91.50. off .70. Average price of forty bonds was .91, off .02. NEW YORK, Aug. 13.—Prices opened higher In practically every instance, with coppers, which have been evidently vunder accumulation for some time, a feature. New York Central led the rails In activity, selling at 109%, anew high, and Nickle Plate sold at 116 t H, also anew high. United States Steel lost M to 106% on vigorous selling. Baldwin scored a point at 120%. Studebaker was off % at 36%. N. Y. C., & St. L. gained at 113%. American T&T advanced % at 126. Southern Pacific opened % higher at 97. Other prices: Baldwin, 120%, up 1; Studebaker, 36% off %; Atchison, i 105%, up %; Pan American “B,” Hfe%; American Can, 124%, off %, ™ew Haven, 27%r -off %; Mack Truck. 95% up %; Penna., 45% up %.

GRAINS HIGHER ON CORNPRICE RISE Wheat Buyers Expect Export Improvement, By United Press CHICAGO: AUg. 13.—Under leadership of corn, all grains scored fractional advances in opening trade on the Board of Trade \oday. New crop corn went into new high ground for the year. Buyers were active in wheat. They j were confident of an improvement I in export business due to world's shortage. Weather and crop news from all directions was j favorable. Weather reiffains too cool for the growing corn crop and this kept j buyers active. Oats went up with other grains and some unfavorable crop news. Provisions sold off with hogs and slow demand. £ Chicago Grain Table ■wheat— Prev. Opea. High. Low. Close, close. Sept 1.29 ‘1.29*4 1.27% 1.28% 1.29 Dec. 1.33 1.33 1.31 % 1.31% 1.32% May 1.38** 1.38*4 1.36% 1.36% 1.37% CORN— Sept 1.15% 1.16 1.15% 1.15% 1.15 Dec. 1.07% 1.09% 1.07% 1.08% 1.07% May 107% 1.09% 1.07% 1.09* 1.04% OATS— Sept 50% 50% 49 % 50% 49% Dec. 52 % 52 % 53 52 52 % May 55% 55% 55 55 55% LARD— Sept 13.65 13.72 *3.50 13.65 13.47 RIBS— Sept 12.25 12.25 12.15 12.20 12.10 RYE—Sept 92 92 90% 91 91% Dec. 95% 96 94% 95 95% May 1.00% 1.01 99% 99% 99% CHICAGO. Aug. 13.—Carlot receipts were: Wheat. 668: corn. 173: oats. 81. CHICAGO, Aur. 13.—Wheat—No. 2 red. $1.31%&1.32% : No. 3. $1.31: No. 2 hard. $1.29 01.30%: No. 3. $1.28 %@ 1.29%. Corn—No. 2 yellow, $1.16%-® 1.17%: No. 3. $1.1661.16%; No. 4, $1.146114%: No. 5. $1.13% @1.14; No. 1 medium. $1.16: No. 2. $1.18: No. 3. $1 15; No. 4. $1.14: No. 6. $1 13: No. 2 medium. $1.16 % @ 1.17 % ; No. 3 white. $1.15 @1.16%: No. 4. $1.13 % ; No. 6 mixed, $1.13%. Oats—No. 3 white. .‘>o% it s3c: standard. 50c. Barley—Bo6B7c. Bye—No. 2 92*4 0. Timothy—sl2.37 bid. Clover—s 7 612.85. TOLEDO. Aug 13—Wheat—$1.31® 132. Corn—No. 2. $1.23® 1.24; No. 3. $1.22® 1.23. Rye—93C. Oats—No. 2. 68®59c; No. 3. 56%@57%e. Barley—--880. Cl overseed—sll.Bo: October. $12.50: December, $12.15. Timothy—s3.6s; September. $3.80: October. $3.70; March. $3.85. Alsike—slo.2s; August $11.40: October. $11.25. Butter—ll® 42c. Eggs—27 ® 28c. Hay—s3o. HOT WEATHER BOOMS WHOLESALE HARDWARE Bfeneral Business More Active and * With Stronger Undertone. NEW YORK, Aug. 13.—Hardware Age, in its weekiy market summary says: "Hot weather during the past week in many of the wholesale hardware market centers stimulated the sale of summer goods such as hose, hose accessories, sprayers, ice cream freezers and similar lines, but the weather also caused a slight lull in the interest that is being shown fall goods. Generali business is more active than it was and a stronger undertone is more apparent throughout the country, but actual orders being placed are, for the most part, small. "There is a feeling among the wholesalers that higher prices are not unlikely, but it Is not expected that there will be any drastic price changes this fall. Some lines, however, which have been comparatively low for some time may be advanced according to some market authorities.” Produce Markets Fresh eggs, loss off. 27c: packing stock butter, 24c: fowls. 4% lbs. up. 20c: fowls under 4% lbs.. 17c: eoeks. 11c; springers 1924 2-lb. sire. 28c: young tom turkeys. 12 lbs. up 24c: young hen turkeys. 8 lb 2. id. 24c: old tom turkeys. 19c: ducks. 4 lbs. ui>. 12c: spring ducks. 4 lbs. up, 15c: geese 19 lbs. up. 11c; squabs. 11 lbs. to doren, $£.75. Butter fat. 35® 36c lb.; creamery butter, 38®3£c lb. CLEVELAND. Aug. 13.—Live poultry fowls. 25® 26c: light. 18® 20c: broilers. 31 @ 32c: light broilers 26 ■@27c; roosters. 13(5 14c: ducks. 19® 23c. Butter—Extra in tubs. 40% ®4l %c: extra firsts. 38 %C 39 %c: firsts, 36 %@ 37 %c: packing stock. 25®27c: standards. 38 %® 39 He: prints 1 cent extra. Eggs—Fresh gathered uc-rthern extras. 36c; extra fiesta. 34c; Ohio firsts. 31c; western' firsts, 30 %e. Potatoes—Virfinia cobblers, $2.35 ® 2.50; fair qu'lity, 2.1602-25-

New York Stocks **■—- 1 t (By Thomson Sc McKinnon) —Aug. 13— Railroads— At 1:30 Prev. High. Low. p. m. close. Atchison ..105% 105% 105% 105% B. AO. ... 63 % 63 % 03 % 63 % C. & O. ... 87% 87% 87% 86% C&NW R 63 % ... 62 % 62 % C.. B. & P.. 35 34% 34% 34% Del Sc Lack 140 ... 138 % 139 Erie 30% 29% 30 29% Gt No pfd. 66 ... 65% 05% Lehigh Val 53% 53% 53% 50% Mo Pae pfd 51% 50% 51% 60% N Y 0n...110 109% 109% 109 NY, C&SL 110% ... 114 116 Nor Pacific 65% ... 65% 05% Nor Sc Wes.. 127 126 126% J. 26% Pere Marq. 63% ... 03% 63% Pennsylvan . 45% ... 45% 45% Reading . . 03 % ... 63% 83% So Railway 64% 64% 64% 64% So Pacific.. 97% 96% 97% 97 St Paul pfd 27% 26% 27% 26% St L Sc S W 44 % ... 44 % 44 Union Pac 144% 143% 144% 144% Wabash pld 45% 44% 45%' 44% Rubbers— Goodyr pfd 50 % ... 56 % 55 Keliy-Spg... 15 % 15 15% 15 U S Rubber 32% 31% 32% 31% Etftipraents— Am Loco.. 78% 78% 78% 78% Bald Loco 121% 119% 120% 119% Gen Elec.. 268% 205% 267% 268 Pullman.. 134% 133% 133% 133% Steels— Bethlehem. 43% 43 43% 42% Colo Fuel. . 52 ... 51 % 50 % Crucible... 53% 61% ,61% 63% Gulf State. 73 72 72% 74% P R C Sc I. 49 ... 49 49% Rep X& S. 47% ... 47% ... C S Steel. . .107% 106% 10% 106% Motors— Chan Mot .47% 47% 47% Gen Mot .14% ... 14% 14% Mack Mot . 95% ... 95% 95% Max Mot A 60% Max Mot B / ... 12 Stude 37 ... 36% 30% Stew-War .50% 60 60% 50% Timken . . 35 % ... 35 % 35 % Wil-Over .. 8 % ... 8 % 8 % Minings— Gt N Ore . 29 % In Nickel .17% 17% 17% 17% T G & S. 74% ... 74% 73% Coppers— —■ v An Smelt. 69% 69 69% 68% Anaconda _ 37 % 37 30 % Kenneeott . 48 % 48 % 4S % 48 % U S Smelt. 30% ... 30% 30 Oils— Cal Petrol. . . ... 21 % Coeden ... 27 20 % 26 % 26 % Hous. Oil 67% Mar Oil .. 31 ... 31 30% P-A Pete ... 58% 58 58% 68% P-A P B. . 58% 57% 57% 671* Pac Oil ... 47 46 % 47 47 ro & Ref.. .. ... ... 29% Pure Oil. 23% ... 23 23% St Oil. Cal. 57% ... 57% 57% St Oil. N.J. 34% ... 34’* 34% Sinclair ... 16% ... 10% 16% Texas Cos., 40 % 40 % 40 % 40 % Tr Con Oil. 4% 4% 4% 4% Industrials— A1 Chem . . 76 % ... 76 % 76 Am Can ..125 123% 124% 124% Am Wool.. 75% ... 74% 75% Coca Cola.. 70% 75 76 75 Congoleum. 63% ... 52% 63 Cout Can.. . 58 % 68 % 58 % 57 % Davison Ch 53 ... 62% 53 Fam Play.. 84% 82% 84 82% Gen Asphalt 45% 43% 44% M3 Inter Pap.. 54% 53% 54 % .\4 Mont & W.. 30% 33% 36 30% Nat Lead.. 160% ... 100 160 Stars-Roe. ... ... ... 104 U S C I P. 94% 94 94% 94% U S In At.. 72% 72% 72% 72 Utilities— , Am TANARUS& T 126% 126% 120% 120% Con Gas... 70% 70% 70% 70 % Columbia G. 39% 39% 39% 39% Shipping— Am Int Cor 25 % ... 25 % 25 In M M pfd 37% 37% 37% 37% Foods— Am Sugar.. 45% 45 45% 44% Corn Pr0d..32 .... 32 32 C C Sg pfd 63 ... 62% 63 C-Am Sugar 32 ... 31 * j 33 Punta Ale. 51% .. 51% , 62% Tobaccos— Tob P <B) 04% 64% 64% Indianapolis Stocks —Aug. 13Interest in the entire list featured Wednesday's stock exchange session. Advances were fractional. Few losses were registered. T. H., L A E. pfd.. gained two points. Gains by stock: Citizens Gas com.. % ; Indiana Hotel pfd., %: Indiana Title Guaranty. %; T. H.. I. A E. pfd., 2. Losses: Aetna Trust. % . Gains by bonds: Indp's. St. Ry.. %: Interstate Pub. Ser . %: Union Trac. 6- . %. Losses: Indpls. Traction Terminal, % ; Inpdls. aWter 4%5. A*. Stocks Bid. Ask. Advance Rumely com. ..... 11% 12% Advance Rumely pfd 37 40 American Central Life 200 ... Am Creosoting pfd 97% ... Belt R R com 75 79 Beit ft R pfd 52 % ... Century Building Cos. pfd... 98 .. Cities Service Cos. com ... Cities Service Cos. pfd 103 ... Citizens Gas Cos com 9 31 Indiana Hotel com 100 .. . Indiana Hotel pfd 100% ... Indiana Pipe Line 89 92 Indiana Title Guaranty .... 98 ... Indpls Abattoir Cos., pfd 60 Indpls Gas 51 54 Indpls A Northwest pfd... 34 ... Indpls A Southeast pfd 40 Indpls St Railway pfd.... 54 67 Merchants Pub Util pfd. ... 83 % ... Public Savings 12 ... Rauh Fertilizer pfd 48 52 St OU of Ind 56 % ... Sterling Fire Ins Cos 10 ... T H 1 A E com 4 9 T H I A E pfd 13% 10 T H Trac A I com 91 93 Un Trac of Ind com 1 % 4 On Trac of Ind Ist pfd.... 12 20 On Trac of Ind 2d pfd.... 4 9 Van Camp Ist pfd 100 Van Camp 2d pfd .. 100 Vandalia Coal Cos com .. 5 Vandalia Coal Cos pfd .. Wab Ry Cos com .. 16% Wab Ry Cos pfd 45 40 Bank Stocks Aetna Trust and Savings C 0.105% 108% Bankers Trust Cos 110 ... City Trust Cos 102 Continental National Bank.. 115 110 Farmers Trust. Cos 200 Fletcher Amer Nat Bank... 138 143 Fletcher Savings and Tr Cos. 209 230 Fidelity Trdst Cos 132 230 Indiana National Bank 253% 250 Indiana Trust Cos 214 225 Live Stock Exchange Bank ... ... Marion County State Bank. 150 .... i Merchants National 8ank...300 ... The Peoples State 8ank...200 ... Security Trust Cos 176 State Savings and Trust C0..103 115 Union Trust Cos ~320 345 Wash Tr Cos. ....150 ... . Bonds Belt R R Stock Yards 4.. 83 ... Broad Ripple 5s 67 70 Central Indiana Gas 65.... ... ... Citizens Gas os 91% 93 Citizens Gas 7s 102 103% Citizens St Ry 5s 86 87 Indiana Coke and Gas 65.. 90 ... Indiana Hotel 5s 95 ... Indiana Hotel 2d 6s 100 .... Indiana Northern 6s 25 .... Ind Railway and Lt 55.... 91 ... Indpls Abattoir Cos 7H5...100 103 Indpls**Col A South 65.... 96 100 Indpls Gas 5s 92 93 Indpls Light and Heat 55... 98 ... Indpls A Martindale 05... 51% 56 Indpls A Northern 5s .... 42 % 46 Indpls A Southeastern ss. . 25 ... Indpls Shelby & S E 55... 30 ... Indpls Street Railway 4s. .. 05 66 Indpls Trac Term os 89% 90 Indpls Union Railway ss. . 99% 100% Indpls Union Railway 4%5.100 ... Indola Water os 91% 92% Indpls Water 4%s 91% 92% Interstate Pub Servos 93 ... T H I A E os 85 69 T H Trac and Lt 5s 83% ... Union Trac 0s 55% 58' Liberty Bonds Liberty Loan 3%s 100 98 101.00 Liberty Loan Ist 4% s. ... 102.50 102.60 Liberty Loan 2d 4%s 101.50 101.60 Liberty Loan 3d 4%s 102.50 102.54 Liberty Loan 4th 4%8 ..102.70 102.80 U. S. Treasury 4Vis 103 90 106.00 Sales SI,OOO Liberty seconds at 101.60 Tank Wagon Prices (Gasoline prices do not include State tax of 2c a gallon.) GASOLINE—Energee, 20c per gallon: Purol. 18.'2e; 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, 14.0 c: relite. 11.7 c: Perfection. 11.7 c; Solvent. 35e. , NAPTHA—Lion Power Cleaners. 22.0 c a gallon: V. M. A P.. 22.6 c; Standolind cleaners. 23.5 c. Local Wagon Wheat Local grain elevators are paying $1.20 for No. 2 red wheat In wagon load lots. Others priced accordingly. Hay Market Prices Wagon load lot prices hay and grain at Indianapolis are as follows: Timothy—sl9® 21 a ton, new $4 less: 1 mixed. sls® 16: baled, sls @lB. Corn—- ! $1.15 @1 20 a bushel. Oats—ss® 00c a .bushel, new. 60®52c. Btrw—Wheat. $8 I @lO.

POK MAINLY 5101 LOWER Top Price, $9,80 — Bulk of Sales, $9,70. —og Prices Day by Day— Aug Bulk Top Receipts 7. 10.20® 10.35 10.35 7.000 8. 10.40® 10.50 10.55 6.000 8. 10.25 1025 5.000 11. 1000 10 10 8.000 12 9 75® 9.85 9.90 10.000 13. 9.70 9.80 8.500 With receipts above normal for this time of year, hog prices at the local yards were recmced approximated 5 to 10 cents Wednesday. The market started sluggish. Heavyweights. medium mixed and light porkers brought [email protected]. The top price paid was $9.80. The hulk of hogs sold at $9.70. Pigs were about steady at $8 to $9.50. Smooth packing sows brought $8.25 to $8.50 and roughs brought $8 to $8.25. Light lights were quoted at $9.50 to $9.75. Strong weight pigs move<J largely at hut several lots of light Yorkers weighing around 140 pounds brought $9.50. Receipts were 8.500, with 460 holdovers. Cattle trading was a little draggy. but prices appeared fully steady with Tuesday’s. Very little good stock was offered. Steers continued to be quoted at $10.50 for prime corn-feds weighing 1,300 pounds, although there were no early sales made higher than $9.65. Choice handyweight steers sold in carlots as high as $10.75, indicating a fairly good market position. Medium quality steers and heifers met slow selling, although little price changes were reported. Fat light heifers tret goojj demand, selling at $lO. All grades of killing cows were fairly active, with exception of mediums, which moved slowly. Receipts, 1.200. Calves sold strong on a 50-cent advance. Choice veals sold as high as sll. Th4bulk of good calves brought [email protected]. Medium veals were quote da*'[email protected]. Receipts, 800. Sheep and lamb quotations were unchanged at $12.50. lamb top, and $6 sheep top. Receipts, 600. —Hog;*—Choice llvhti > * 9 70® 9 75 Lisrht mixed J)., 0® 9 75 Medium mixed - 9.70® 9,75 Lljcht lights 9.50® 9.75 Heavyweight. flso low* e.oo® 0.50 —c*t*le — Steers. 1.240 lbs. up. cholce.slo.oo@ 10.50 Fair to good 9.00@ 10.00 Steers. 1.000 to 1.200 lbs.. choice ....... 10.00 @ 10.80 Fair to good 2523^22 Choice heifers 9‘55 '92 Common to fair heifers ..... 5.00® 7.50 Babv beef heifers [email protected] Medium to common cows... 3,.>0@ 430 Choice 6.00® 7.00 Tanners . .. 2 75® 3 00 Choice*light bull. 4.50® 5.25 Choice heavy bulls 4.004s 5.00 —Calves— Choice reals $llOO _ _ Good veals • < ’O% J 92 Common heavies 0-00® tJ.oo Bulk of sales 10.00® 10.00 —Sheep and Lamb*— Choice lambs *12.60 Heavy lambs 10.50® 11.60 Cull lambs $ 9 ,',2 Good to choice ewes * 3.00@ 6.00

Other Live Stock CHICAGO. Aug. 13—Cattle —Receipts. 13 000: market, fed steers and yearliqjrs slow, steady to 15c lower: racst 10@loc lower: weighty kinds showing moat decline; killing quality good: liberal sprinkling choice offering* medium steer*. $10.90: haevlos held above $11: she-stock dull, unevenly lower: vealers steady. sll @ 11 .50 to packers for good to choice kind*. Sheep—Receipts. 15.000: market, active: fat lambs strong to 25c higher: most advance on natives: early sales natives. sl3® 13.25 to packers: $13.60® 13.75 to outsiders- bid on range lambs. sl3 25® 13.75: some held higher; sheep and feeding lambs steady: hcoice range lambs to killers. $7.75 poor early sale feeding lambs. Hogs—Receipts. 32,000; market, moderately active, generally 25c off, some lightweights 25®350 off: top. $! 65: bulk. $8.50® 0.50: heavyweights. $9 15® 9.60; medium weights $9.30*8 9.65: lightweights. $8.7589.(15! light lights. $8.20® 9.45: packing sows, smooth, $8 10® 8 50: packing sows, rough $7.60 @8.10; slaughter pigs. $7.75® 8.75. EAST BUFFALO Aug. 13—Cattle—Receipts. 175: narket slow steady: shipping steers. sß® 10.35: butcher grades. $7.50 @9; cows. $2 @5.75. Calves—Recetpts. 300 market active, 50e higher; cull to choice, $3.50® 12.50. Sheep and lamb*— Receipts. 500: market active, lamb* 26c higher, sheep steady; choice lambs. sl3® 13.75: cull to fair sß® 12.50: yearlings. s7® 10.50: sheep. s3@9. Hogs—lG-ceipts. 4 800; market active. 25c lower: Yorkers, $9.50@10 25: pigs $0.50: mixed. $10.25: heavies. $10.25; roughs. $8(08.23; stags. $4.2505. PITTSBURGH, Aug. 13.—Cattle—Receipts light; market, slow, choice. $9.50 @10.25: good. $8.5009.25' fair. $6.50® 7.75; veal calves. sll @11.25. Sheep and lambs—Receipts, light: market, strong; prime wethers $7.508: good $0.500 7; fair mixed. $5 00: lambs. sß@l3. Hogs —Receipts. 30 double! deckers: market, lower: prime heavy slo@ 10.25: medium. $10.30® 10.35: heavy Yorkers. STO no® 10.35; light Yorkers, [email protected]: pigs, $8.30 09: roughs. $7.25@8: stags. $3.50@4. CINCINNATI Aug. 13.—Cattle—Receipts. 400: market, steady shipping steers, good to choice. $7.50® 8.50. Calves —Market. higher: good to choice. $lO 011. Hogs —Receipts. 3 400; market, 10@25<vlower; food to choice packers and butchers. 9 80. Sheep—Receipts, 2.800; market, weak; good to choice. $4.50@6. Lambs —Market, steady; good to choice. sl3® 13.50. CLEVELAND. Aug. 13.—Hogs—Receipts. 3.000; market, 6® 10c lower; Yorkers, $10.15 010.25; mixed. slo® 10.10; medium. $10: pigs. $9: roughs. $8; stags. $5.50. Cattle—Receipts. 500; market .slow, unchanged Sheep and lambs — Receipts, 300: market, steady: top. $13.50. Calves—Receipts. 300; market, steady: top, $12.50. / Building Permits Conley C. Groves, remodel. 1215 Prospect. $250. Joseph Chartrand. remodel. 4201 Central. $4,000. Robert Zepp. garage, 2221 E. Garfield Dr . S2OO. t Southern Lumber Company, garage, 1234 N. Tacoma. $225. Richard H. Prigger, furnace, 3057 Stanton, $250. Elvers A Klein, dwelling. 132 W. Twen-ty-Seventh, $4,000. Alex Asolos, remodel. J 2331 S. Meridian. S3OO. Garfield M. E. Church, heating plant, Garfield and New York, S9OO. Roy Lanham. addition. 810 S. Pershing. S3(X) Leigh La Rue. dwelling, 947 N. Denny, $4,500. Leigh La Rue. furnace. 947 N. Denny, $250. F. M. Bachman Company, repairs, 2137 Web. S4OO. F. A. Bryan, reroof. 4033 Park. $250. Otto Delp. reroof. 46 W. Twenty-Eighth. $235. B. G. Chamberlain, reroof, 3705 Graceland. $214. Holies E. Tucker, furnace. 1218 Villa. $403. L. M. Birfth, garage, 1112 W. TwentyEighth. S3OO. William F. Grose, garage, 4022 N. Capitol. $250. i J W. Hfnes, reroof, 4515 E. Eighteenth, S9OO William F. Kuhn, remodel. 623 N. Dlinois. SI,OOO. Donald C. Brafford. rerooX. 616 E. Thir-ty-First, $2lB. W. F. Ackman, reroof, 818 Hamilton. $282. Board of school commissioners, portable building, 630 W. Michigan. SI,OOO. George _Wildlng, reroof, 2310 N. New Frank C. 'Kittle, addition. 1375 E. Minnesota, $250. Perry Farley, remodel. 630 E. McCarty, SSOO. Carl Gosaert. garage, 900 S. Delaware. $2,800. C. F. Kirkhoff. boiler. Washington and Wallace, SBOO. Charles Swift, remodel. 050 Congress. $250. D. Fessler. reroof. 2QO N. Walcott. $330. E. Griffith, reroof. 3042 Salem. $235. Herman Abel, reroof, 3945 Boulevard. $250. Marlon Cordell, dwelling. 410 Audubon. $0,500. H. L. Hoop* reroof. 2014 Southeastern, tOiO 1

THE INDIANAPOLIS TIMES

Not So Easy \ * ■ ■ V x s It’s more difficult than lt looks. Benjamin Watkins, Baltimore, like knights of old, jousts a tiny target. In the old days the target was a human body.

MANY SEEKING TO BUYHOGISLAND Jird Mentioned as Possible Purchaser, By Times Fipecial PHILADELPHIA, Aug 13.—Negotiations are under way for the lease by private interests of Hog Island, the great war-time shipbuilding plant. Rear Admiral Leigh . Palmer, retired, president of the United States Fleet Corporation, said. The Rear Adrtllral visited the deserted shipways on the Delaware River and the basin where a flotilla of war-time wooden cargo carries lies in idleness. He declined to disclose the details of the. negotiations. "Negotiations are under way,” said Rear Admiral Palmer, “between the shipping ’ >ard and private individuals for e purchase of the plant. It is t :ann , >d to make the yarc! the center of an Industry as great as that of the war period. If the plans can be carried out Hog Island will be a notable success.” Engineers have stated that lt could be made one of the world's greatest shipping terminels, and a number of railroad companies, the United States, Steel Corporation, a group of Western lumber manufacturers and Henry Ford are among those said to have had Its purchase under consideration. The Government was reported to have fixed a minimu alue of 315,000,000 on the island. This, however, lacked confirmation. SMALL HOMES IN U.S. INCREASING Building Figures Show Gain of Billion. By Times Special CHICAGO, Aug. 18.—Investment In small homes In t,he United States has Increased twelve to one faster than investment In automobiles in the past five years, declarsd B. G. Dahlberg, manufacturer of synthetic lumber, In an address at a housing conference here. " Buljding and loan association figures show an Increase of nearly $1 600,000,000 Jn assets sine/ 1919, while wholesale prices of automobiles have inoreased only $120,000,000 in the same period," said Dahlberg. "We have been unduly alarmed by the figures that there are two and onethird times as many automobiles !n the United States as there are income taxpayers and that there is an automobile for every Income above $1,500. “Improvement In building technique Is making homes better and cheaper the same way that manufacturing skill Is making more and cheaper automobiles.” Marriage Licenses Kenneth N. Lucas, 21. 1318 Churchman Ave., bookkeeper: Mary I. Sulgrove, 19, R. R. P. Box 201, clerk. Calvin A. Smith, 20. 412 E. Market, aviator; Nora Helen Mure, 30, 412 E. Market, cashier. Louis Lindenbaum. 25. 1240 Union, tailor; Mary Cunningham. 21, 516% S. Illinois, housekeeper. Jacob A. Wilhite, 75, Hall, Ind.. farmer, Anna Mabel Anadell. 39. 1212 New York, housekeeper. Earl Hendrixson. 21. 715 E. St. Clair, truck driver: Goldie Anna Goolsby. 19, 333 S. Rural. John McLain Jr., 25. 628 W . New York, garageman; Anna Leach, 32. 543 Birch Ave. Pete Detrinko. 31, Ft. Harrison, soldier: Laura Mae Abernathy, 30, 114 W. Walnut. Clifford H. Browder. 36. Chicago, lawyer; Mabel M. Felt, 34. 64 N. Irvington Ave., Y. W. C. A., secretary. Roseoe Ashby, 34, 1020 N. Illinois, machinist: Natalie Kroll, 28, 1020 N. Illinois, clerk. Friends to Build Home By United Press RICHMOND, Ind., Aug. 13.—Plans are being made .today for the erection of a home here for American Friends. Approximately $20,000 of the cost was pledged at the annual meeting of the Hicksite Friends of Indiana Tuesday.

SLAYERS NORMAL, DOCTORTESTIFIES (Continued From Page 1) tor replied positively. "Everyone has fantasies. I had mine. It Is normal for a person to have fantasies about the things In which he is Interested. A lawyer has fantasies about law and about the cases in which he is interested These are ju*t day dreams, castles In the air—castles In Spain, they call them —and the reason these fantasies are more frequent at night is because one can consider such things without interference” "It is perfectly natural,” Dr. Patrick continued, “far a person to have day dreams Just before going to sleep. When I go to sleep these nights my dreams are naturally of being on the witness stand and hypothetical questions and hypothetical answers parade before my vision.” “Do you attach any importance to the fact that Loeb’s dreams ran along the line of planning crimes?” Sbarabaro asked. “Yes, a very great importance. It shows he has criminalistic tendencies.” “From your examination of Leopold,” Sbarabaro said, “you reached the opinion that he was not mentally diseased. Now add to your examination the following hypothetical facts —that he is short of stature, has flat feet, his face is not in perfect symmetry and his body is covered with hair, has an abnormal blood pressure and a precocious sensuality. Assuming all these things, is your opinion changed?” “It la pot," the doctor replied firmly. ' With almost automatic precision Dr. Patrick rejected link after link, the defense fantastic medical case. He said he saw nothing abnormal In Leopold's rejection of religion, his development of an Individualistic philosphy, which holds the indivdual lias a right to do anything that gives him pleasure, his feeling that as a superman he was superior to the law. Dr. Patrick continued there was nothing to indicate that Leopold was suffering from mental disease on May 21. “The evidence does not ''lndicate the presence of mental disease; at least the evidence is Insufficient to prove that point,’’ the doctor replied. A heated debate between opposing attorneys broke out when Sbarbaro asked Doctor Patrick whether the joint report of Doctors H. S. Hulbert and Carl M. Bowman, defense alienista, was in his opinion "consistent and true.” The court broke into the argument, but did not rule on the question, ordering Sbarabaro to continue his questioning along another line for the present. Dr. Patrick was asked whether he had any idea of the motive in the crime. Dr. Patrick said Leopold told him the ransom money was greatly desired and lt was one of the motives behind the crime. “Mr. Leopold told me they planned to use the SIO,OOO ransom Jn keeping their crime a secret—-

Steady Expansion # Between 1910 and 1920, sales of electricfenergy in America increased 250 per cent. This steady development is a promise of still greater future growth for the electric industry. The four operating subsidiaries of Central Indiana Power Company supply electric service in 136 Indiana communities, including Indianapolis. The growth of these companies has kept pace with the great industrial development of this state. You can easily own Preferred Shares of Central Indiana Power Company. Shares, $92.50 each (increases to $93.00 per share August 15th), are offered for cash or on / payments of $5 down and $5 monthly per share. Dividends payable every three, months at the rate *of $7 yearly—better than 7%%. Call, phone or write. INVESTMENT DEPARTMENT \ ; \ Central Indiana Power Company or subsidiaries: Merchants Heat & Light Cos. Wabash Valley Electric Cos. Northern Indiana Power Cos. Indiana Electric Corporation. " A Hoosier Institution

She’s a Princess

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There will be bd&uty galore at the 1924 Cotton Palace Exposition—one of the South’s biggest agricultural shows in Waco. Texas, Oct. 25 to Nov. 29. And

neither he nor Loeb were to appear In Chicago for a year. Loeb was to go to Mexico and Leopold to Europe.” Not Cross-E x amLned Dr. Patrick was then turned over to the defense for cross-examination, but Bachrach said the defense would not cross-examine the witness until his testimony Is complete. Dr. Patrick has been ordered to review the Hulbert-Bowman medical report and tell the court his opinion of It. Meanwhile Dr. Archibald Church, an expert on mental disorders, was called to the stand. Dr. Church said he was in the office of the Stfkte’s attorney Sunday June 11, the day following the confession i of Leopold and Loeb. Dr. Church made a strong point for the State when he said Leopold told him that they planned the kidnaping and murder for ransom. Aside from the mention of ransom as the motive there were no new facts bT ght out in th* doctor’s story. Loeb and Leopold listened to this latest recital o* their crime with more attention than they had given previously. The youths leaned over and chatted with their atomeys at intervals, checking over the doctor’s story. \ After tolling how the two boy's related in detail their planning and

here is just one of the pretty girls that will be seen there. She is Finley Elder of Clarksville, Tenn., designated by Governor Austin Peay as Tennessee’s princess at the exposition.

carrying out The crime Dr. Church said he asked young Loeb w'hy he killed young Franks. “Loeb’s face twitched, he shifted on his feet and nearly cried,’’ the witness said, “and admitted he didn't know why in the world he did it.” “When I asked Leopold the same question he admitted one of the chief motives was the ransom. He said: “We knew what we were doing and we could have ended our plans whenever we choose, but I’m not a quitter.” The agreement on the ransom money was a 50 50 split, with the understanding none of the money was to be spent in Chicago tot a period of one year. “Loeb suffered from no mental disease of any character,” Dr. Church 3aid. Dr. Church also gave the same opinion on Leopold. “Fantasies do not compel conduct, nor excuse it,” Dr. Church said. Dr. Church dismissed a complete psychological and neurological examination of Leopold and Loeb as presented by the defense with a statement that they were trivial matters of no significance and have no bearing on the mental condition of Leopold and Loeb.

I ! Insley Manufacturing Cos. Pfd. j NEWTON WILL Central Indiana Power Pfd. TODD^ BUY j 415 LEMCKE BUILDING 1 \JM

LOUISIANA GIVES LATEST WORD TO ‘KINfSENGLISR’ 'Laignappe/ Meaning Overplus, Employed by Veterar\s r Bureau, WASHINGTON, Aug. 13.—T!)e hundred thousand dictionaries in daily use throughout the United States must be changed to make room for anew word. The word “laignappe” and is pronounced “lan-yap.” Several days ago a letter was received by the authorities <of the United States Veterans’ Bureau from Edwin L. Dennis of Shreveport, La., expressing his apprecia-. tion of the training he received from his Government as the result of war-earrted disabilities. Commenting upqn his present occupation, Dennis says: “My business affairs are running quite smoothly and the two months’ ‘laignappe’ has cettainl> been a boon to me." The word is taken from the Louisiana French and interpreted means “over-plus.” In its new use, as begun by Dennis and adopted by the Veterans' Bureau, it refers to the two months’ maintenance and support allowance to which a trainee is entitled after he has reached the point of employability. It is one of the new liberal features contained in the % World War Veterans’ act, 1924, better known as the Reed-Johnson act, passed during th# last days of the recent session of Congress. Down in Louisiana when a huckster sells you a dozen oranges, he throws in an extra one for ' laignappe.” So the United States Government, after training its disabled veterans to the point of employability, gives him a two months’ maintenance and support allowance “laignappe” to make certain that he Is able to tide himself over until his job can carry him. Priscilla Ruley in Front By Times Special 1 SARATOGA SPRINGS, N. Y., Aug. 13. —Priscilla Ruley won the greatest victory of her turf career here Tuesday in the SIO,OOO Alabama stakes, the last big filly feature of the year. Princess Doreen, the overwhelming choice, was second, beaten one length. Sun Ayr was the only other starter. The event was run In deep and holding^-mud. Many Kinds of Soap Soap in the cake, is only one .variety. Transparent soap, soap in six-sided crystals, soap in fibres, liquid soap, soap in solution and soap in jellies are a few forms of the sudsy material which have been prepared by Prof. J, W. Mcßain of Bristol University, expert on the chemistry of colloids and soaps.

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