Indianapolis Times, Volume 36, Number 94, Indianapolis, Marion County, 27 August 1924 — Page 11

WEDNESDAY, AUG. 27, 1924^

STEEL COMMON t ADVANCES WITH OTHER LEADERS ( Industrials Stimulated by Announcement of Large Steel Oncers. , Average Stock Prices I Average price of twenty industrial stocks Tuesday was 103.58. up .06. Average price of twenty rails was 89.81. off .07. Average price of forty bonds was 90.19. By Vnitcd Prrtrs NEW YORK, Aug. 27.—Industrials were stimulated In the early trading by Judge Gary's announcement that incoming orders of the Steel Corporation were running 10 per cent ahead of July and that the corporation was spending $5,000,000 a month for improvements and exten- j sions. Steel common gained nearly a point to 109% on the initial trans- i action, and fractional advances took place in American Can. Baldwin and in other industrial leaders. Chandler continued to display spe- j cial weakness, getting down to a low ; for the year at 39%. Opening prices: U. S. Steel. 109%. up ! Bk ; Southeern Railway. 68%. up % : Pan- ; P. ' 55'a : Anaconda. 39%. up I | mcHcn Can. ; 134. up % : New Haven. ‘-4: Cast Iron Pipe. 107. up %; American Smelting. 74% up % : Union Pacific. 143 TANARUS .up % ; Chandler, i 41. off %: Famous Players. 80%. off % ; | M. K Sc T . 15% off %: Northern Pacific, j 65 %. up % : Baldwin, 1412 % . up % : A. T. & T.. 127%, up %: Norfolk & Western. 126. up %. Price Rise Gains Impetus Activity at rising prices gained ! impetus from slK>rt covering In the late morning and around noon the general list gave indications of resuming the main forward move. Steel headed the advance, reaching a high of 110, a recovery of more than two points from the low of the reaction. Buying of steel came from widespread sources, floor traders bidding against commission houses. This is one stock on which the commission houses are almost universally bullish. * Rallv/ay Steel Spring a feature. aa-'anclng to 12414. The move i started with the sale of 800 shares at 121. considered a good-sized block for such an inactive stock. Reports ! that Railway Steel Spring will declare a stock dividend still persist. ADVANCE SCORED IN GRAIN TRADE

Export Business Causes Wheat Buying, By Vnitcd Press CHICAGO, Aug. 27. —Grain futures closed sharply higher on the Board of Trade Wednesday. Large export business caused a ■wave of wheat buying as did strength in corn. Heavy realizing developed In the final hour of trading and caused a slight recession, but the finish was strong and higher. ' Late realizing caused a moderate set back in corn from the day’s high point. Minneapolis reported ■ substantial sales to Esatem buyers. ! causing a sharp upturn in cash premiums. Oats followed other grains to a liigher close. Provisions sold higher with grains. Chicago Grain Table —Au g. 27 WHEAT— Prev. Open. High. Low. Close. close sept 1.19% 1.22 1.18 1.21% 1.20% *e 124% 1 27% 1.23% 126% 125% ? May 1.30 1.3314 1.29% 1.32% 1.31 CORK— Fepi 1.13% 1.13 113 % 1.17 1.13% Dec. 1.07% 1.14 1.07 1.11% 107% Slay 1.08 1.14% 1.07% 1.12% 1.08% OATS • — 1 6opt .47 % .48 H 47 ,48>- .47% Pec. .50% .52% .60% .50% >[ ay .54% .56% .54% A5% .54% LARD— Bag 18.10 13 45 18.10 13 45 13.15 Sept 11.65 12 00 11.60 12.00 11 85 RIBS— Sept .82% .85% .81% .84% .82% ■(ay .81% .85% .91% .94% .93 CHICAGO A\ig. 27.—Car’.ot receipt* were: Wheat. 656: rye. 6: barley. 32. ST. LOTTS, Aue. 27.—Corn—No. 2 white. $1.14: No. 3 white. 51.13: No. 4 whitee, $1.12® 1.13% ; December. $1.09%. Oats—No. 3 white. 48 %® 49c: No. 4 white, 48 %e: September, 48 He. Wheat— September. SI.18%; December. $1.24%: No. 2 red. ?1.32®1 35: No. 3 red. *1.27 ®1.33: No. 4 red, sl.lß® 1.26: No. 5 red. SI 10® 116: No. 1 hard. 8123; No 2 hard. $1.20® 1.20%: Ntf. 3. hard. $1.19® 1.19%: No. 4 ha.®. sl.lß. Produce Markets Fresh eergs, loss off, 31c: packing stock butter, 23c; (owls. 4% lbs. up, 21c; fowls, under 4 % lbs.. 18e: cocks, 12c; springers. 1924. 2-lb. size, 26c; young tom turkeys. 12 lbs. up, 25c: young hen turkeys. 8 lb*, up. 25c. old tom turkeys. 20c: cull thin turkeys not wanted: ducks. 4 lbs. up. old. 12c: ducks, spring. 4 lbs up. 15c: geese. 10 lbs. up. 11c; squabs. 11 lbs. to dozen. *3.75. NEW YORK. Aug. 77. —Flour—Quiet. Fork—Quiet. Mess—s29.7s. Lard— Firmer: midwest spot. $13.90® 14. Sugar —Raw, easy; centri'ugal 96 test, 6.46® 6 52c: refined, quiet: granulated. 6.85® 7c. Cuff"f*—R:o spot. 17c Santos No. 4. 22 ® 23c./Tallow —Easy: special to extra, 8%. £B%e. Hay—Firm: No. 1. sls® 15.50; No. 3. $12.50® 13. Dressed poultry— Dill: turkeys. 80®42c; chtekens, 35®40c; , fowls, 16® 31c; ducks. 24c bid; ducks. Xx>ng Island. 23c. Live poultry—Quiet; geese, 12617 c: ducks. 15®26e: fowls, 30 ® 26c: turkeys, 23® 30c: roosters. 17c seked; broilers 28®30c. Cheese—Quiet: slate whole milk, common to specials. 15 ®2l%e; state skims, choice to specials, 11® 12c lower grade*. 4 100. Butter— Weaker; receipts. 14,851: creamery extras, 38® 38 %e: special market. 88%®39%c. Eggs—Quiet: receipts, 23.431; fancy. 53 ® 50c; nearby state whites. 36® 52c: fresh firsts, 35®43c; Pacific coasts 37® 51c: western whites, 36® 53c; nearby browns. 44® 48c. CHICAGO, Aug. 27.—Butter—Receipts, kL399: creamery. 36 %e; standards. 36 %e; ■(-sis. S4%e: seconds 32 ® 33c. Eggs—iKeceip*, 10.259; ordinaries. 31® 32c: firsts 14® 35c. Cheese—Twin*. 18% 6 19c; Americas. 20c. Poultry—Receipts. 7 cars fowls. 17@24%c: ducks. 19c: {eese, 14c. spring LBc; sprlagsre, 27c; tureya. 20c: roosters. 15 %e. Potatoes —Reoeinla 727 cars: Kansas cobblers. $1,266 1.85: Missouri cobblers, Sl® 1.20: New Jercy cobblers. $1.65; Minnesota early Ohio*. $1 ® 1.20, Nebraska early Ohloa. $1.15 G 1.30.

New Yoi;k Stocks

(By Thomson & McKinnon) —Aug. 27 — Railroads— At 1:30 Prev. High. Low. p. m. close. Atchison ..104% ... 104% 104 B. 4 O. .. 61% 62% 62% 62% C & 0 85% 85% 85% 85% CAN W R . . . 61 % C. R&P. . 34% ... 34% 32 Del 4 Lack ... ... ... . 134 Erie 28% ... 28% 28% Gt Nor pfd. 60 % : .. . 66 65 % Lehigh val. 54% 54% 54% 53% Mo Pac pfd 53% ... 53 52% N T Can.... 107% ... 10t7% 107% NT. N H&H 24% 24 24% 24 Nor Pacific .05% ... 65% 64% Nor 4 W.. 120% 126 126 125% Pore Marq.. 61% ... 01% 61 Pennslvanla 45 ... 45 44 % Reading ..01% ... 60% 60% So. Railway 69 68% 69 08% So. Pacific. 95% ... 95% 95 St Paul pfd 20% 25% 26% 26 Vi St L 4 S W 42% 42 42% 41% I’non Pac 144% 143% 144 Vi 143% Wabash pfd 43 42% 42% 41% Rubbers— Goodyr pfd 58% 58% 58% 58 Kelly-Spg... 18% 18 % 16% 16% U S Rubber 35 % .. 34 % 34 % 1 Equipments— Am Loco.. 81 80% 81 80% Bald Loco.. 123% ... 122% 12 Gen Elec.. 275% ... 271% 273% Pullman ..126 126 126 West Elec.. 63 ... 63 62% Steels— Bethlehem.. 45 % 45 % 45 % 45 % Col Fuel. . 38 % 37 % 37 % 36 % Crucible . . 50 % 54 % 65 % 64 Gulf States 75 73% 74% 74% P. R C 4 I 40% 46% 46% 46% Rep I 4 S 48% 48% 48% 47% U S Steeel.llOH 109% 109% 108% Motors— Chand Mots—4l% 39% 40% 41% Gen Mot.. 14% ... 14% 14% Mack Mot... 99 98 99 98 Mai M ‘•A” 58% 56% 68% 57 Max M "B” 15% 14% 15 14% Sttidebaker. 38 s , 38% .38% 38 Stew-Warner 52 % 52 52% 52 Timken ... 34 v. ... 34 % 34 % WUlys-O .. 8 % ... 8% 8% Minings— Tnt Nickel. 18% 17% 18% 18 Tex G 4 S 78% 78% 78% 78% Coppers— Am Smelt.. 74% 74 74% 78% Anaconda . 39 % ... 38 % 39 Renn'eeott . 47 % ... 47 47.. U. S. Smelt. .. ... ... 32 Oils— Cal Pet... 26% 26% 26% 26% Houston Oil 72 ... 72 71 Marland Oil 32% 32% 32 % 32 Pan-Am P. 57 56% 57 56% P A P “B" 56 55% 56 65% Pac Oil. . . . 47% ... 47 46% Pro 4 Ref 29 Pure Oil .. 23% ,23 23% 23 Roy Dutch. 43 42% 43 ... Stand O. Cal 57% ... 57% 57 S'and O. SJ 34 4 ... 34 % 34 % Sinclair.... 17% ... 17% 17% Texae Cos.. 41 % .., 41 41 Tr Cont 0... .. ... 4% Industrials Allied Chem. 74 ... 73 H 74 Am Can ..13.5% 133% 133% 133% Am Wool.. 76% 76 76 76 Coca Cola.. 76% 76% 76% 76% Congoleum. 4.5 43% 44 45 Cont Can.. 57% 57 67% 57% Davison Ch 44 % 42% 43% 44% Fam Play.. 80% „. . 79% 81% G<*n Asphalt 43% 43 43% 42% Inter Pap.. 49% 48% 49% 48% Inter Harv 98% ,97gk s%crs4 Int. Harv. r .. ... „ . 94% May Stores 98% ... 97% 98 % Mont i W 39 ... 35% 35% N Enamel ... ... ... 19% Sears-Roe ... ... ... 106 USCI P..10S 103% 106% 106% 0 S In Al. 73% 72% 73% 72', Utilities— Am T A T. 127% 127% 127% 127% Con Gas... 71 ... 70 % 70% Columbia G. 39 % ... 39% 39 % Shipping— Am Int Cor 28% 27% 28 27 % In M M pfd 40% ... 39% 39% Foods— Am Sugar.. 44% ... 44% 44%, Am B St ... ... 40 Corn Prod 33% 33% 33% 33% C C Sg pfd ... ... ... 62 % C-Am Sg... 33 ... 31% 32 Punta Ale. ... ... ... 52 % Wilson & C ... ... .... 4% Tobaccos— Tob P (B) 65% 03 05% 04%

HARDWARE THADE GOOD Increasing Sales and Improved Collections Feature Week’s Market. Bu Timet Special NEW YORK. Aug. 7.—Hardware Age In its weekly market summary, says: ”In most sections of the country hardware sales are increasing. This is particularly true in 'the agricultural distriej/j City sales. In most sections. are affected somewhat by weather conditions .and th vacation period. “Jobbers anticipate an active fall business. First, because dealers' stocks are low; secondly, because buyers are showing more confidence in the future: and thirdly, because of the Improvement that is report?® to have been effected to fundamental industries. Increasing activity In the steel market is being pointed to aa a weather vane, indicating better business. “Collections In most sections of the country are said to be improving." Marriage Licenses Samuel E. Abbott. 23. 545 Holly, street car conductor: Amllda C. Stevens 19. 815 N. Illinois. Frederick Martin, 27. 430 Column's sign painter: Alice V. Kelly. 19. 1262 Roosevelt. Real Silk Hosiery Mills. Car! W Sander*. 24. 20 N. Sherman Dr . cashier: Mary A. Hinz 22. 1537 S. New Jersey. Carey M. Conger. 39. Flat Rock. Ind.. school teacher: Nellie M. Paynes 27. Julietta, Ind., school teacher. George E. Brahamy, 28. 967 Ewing shipping clerk: Martha L. Koop. 33. 508 N. Emerson. Sam Bortch. 29. 729 Haugh. laborer; Amelia Tllman. 17. t 2320 W. Michigan. Henry D Watson. 30. 320 W. TwentyNinth insurance Rosina C. Lampert. .30. 320 W. Twenty-Ninth, bookkeeper Building Permits George M. Smith, garage. 933 N. Deapborn S2OO George M. Smith, garage, 937 N. Dearborn. S2OO. George M. Smith, garage 941 N. Dearborn, S2OO. Charles R Yoke dwelling. 2721 Allen. S3 000. Kernel Fought, building. 2438 W. Sixteenth. 52.000. John Guthrie, garage 2222 Morgan. S2OO. Automobile Foundry Companv. garage. 865 W. Pratt, SSOO. Richard Cordell, double, f? 401 Fernway. 52.700. Richard Cordell, furnace. 2401 Fernway. S3OO Harry B. Wilson, garage 1309 Burdsal. $225. i Marion Cordell, dwelling, 5825 E New York, $4,600. J. J. Colllne double. 2109 Gent. $2,800. George Stamm, dwelling, 713 N. Chester. $3,845. Susie Howard, addition, 2345 Schofield. S6OO. Jseup & Antrim, repairs, 713 N. Illinois. SI,OOO. William Coons, floor. Meridian and Ohio. S3OO. David Randall, dwelling. 2321 Paris. S3OO. Ester Roblnowitz, remodel. 1709 N. New Jersey, S3OO. Floyd Peterson, double, 2141 N. Wallace. $2,400. Mabel McHugh, garage. 815 Woodlawn. $384. William Haueisen Realty Company, reroof. 945 S. Meridian. $240. J. E. Hodson, furnace, 2138 Valley, $438. J. C. Meeeiek. garage. 1148 Spann. SIOO. Polk's Sanitary Milk Company, smoke abater. Fifteenth and Lewis. SSOO. J. J. Steurwald. furnace, 330 Burgess, $250. J. J. Steurwald, garage. 330 Burgess, $5,750. Owen Quigley, remodel, 1801 W. Morris. S2OO. Ludwig 0. Burek, reroof, 1127 Lexington. $248. Albert B. Izor, furnace. 4470 Central, S2OO. Hay Market Prices Wagon load lot prices hay and grain at Indinnapotls are as follows: Timothy—slo6 21 a ton. new $4 less: mixed. $166 16; baled. $16®19. Corn — $1.15 61-20 a bushel. Oats—ss® 60c a bushel, new, 50 0 62c. Straw — Wheat. $8 610.

SLIGHT DROP 111 HOG QUOTATIONS Bulk of Sales $9.85 — Steers Lower, —Hog Prices Day by Day— Aug. Bulk Top Receipts 21. 10.20 10.25 10,000 22. 10.15 10.20 11,000 23. 10.20® 10.25 10.25 4.000 25. 10.15® 10.25 10.25 6.500 26. 9.90 10.10 9.000 27. 9.85 9.90 9,000 Readjustment of prices in accord with seasonable demand caused a nickel cut in hog prices at the local yards Wednesday. The market a one-priced affair at $9.85, with the exception of a $3.90 top, paid for a load of good bacon hogs averaging around 200 pounds. Pigs were approximately 25 cents lower, at $6 to $9. Sows were fully steady at $8.25 'g'R.so for smooths and for roughs. Stags were quoted at $6 to 48. Light lights brought $9 to $9.85. Receipts were estimated at 9,000, with 680 holdovers. Trading was fairly active. Reflecting the demoralized condition of the Chicago market, caused by withdrawal of large packers, local steer market was very weak. Bids were from 25 to 75 cents lower than the start of the week. One load of steers showing fairly decent quality, averaging 990 pounds, brought $9.40 per hundredweight, showing at least a 60-cent cut. Heifers pf the good quality were steady. One load averaging 665 pounds brought the top of $lO. Other classes moved slowly on a disinterested market. Cows sold draggy. hut little changes were made in prices. Choice butcher bulls are about a half lower than the start of the week. Few bids are higher than $4.25. Receipts, 1,400. Calves were approximately 50c lower than Tuesday. None sold high er than $11.50. The hulk of good veals brought $10.50@11. Receipts, 800. Sheep and lambs were steady with Tuesday’s prices. Lamb top was $12.50. Good to choice stock brought from $lO to this top. Sheep were steady at $6 down. Receipts, 600. —Hogs— Choice light* ....$ 9°5 Light mixed 9 85 Medium mixed 9.83 Light lights 9.00® 9 85 Heavyweight* .. 9.85 f'i RP ' . . 600 ® 900 Sows 8 00® 8.50 -—Cuttle-—■ Steels. 1 240 lbs. up. cholee.JlO.OOfiT 10 50 Fair to r r >od 9.50®d0 00 Steers. 1 ,000 to 1.200 lbs. choice 9 50® 9 75 Choice heifers 9 00 41 Rem Common to fair heifers .... 5 Kabr beef he.fers 9 25% 10 0“ Medium to common cows. .. 3 50® 450 Choice 5.60® 6.00 Canners 2.75® 300 Cbojee light bulla 4.00® 4 .5 Choice heavy bulla 3.50® 4 00 —Calves— Choice veals sll 50 Good veals 10 50® 900 Bulk of sales 10.50® 11.00 , —Sheep and Laniba— Choice lambs 7 $12.59 .... Heavy lambs 10.50® 11 aO Cull lambs 6 0(14, o ... Common to choice ewes. .. 3.90® 600 Other Live Stock CHICAGO. Aug. 27.—Cattle —Receipt* 13.000. market uneven. Rome demand for desirable fed yearlings and haodywetght steers ,at a weeks decline: heavies verey slow as catch as catch can baaia: best long vearltnr*. 810 75: several string*. $9 25® 10 50; a few heavies above 810.: others uneven, alow: vealers. 25e off; bulk. 812 50® 13 to packers: few at 813 30 and above. 9hero—Receipts. 13.000; market, dull, very few early sales fat natives ar- und st**adv at sl3® 13.25: culls. 68 ->0 ®9: bidding weak to 25c oft on balance; natitves and westerns; sheep weak. 2->c off feeding lambs' steady to strong, east. $13.25. Hogs—Receipts. 20.000; market, uneven, mostlt.v weak to 10c lower: top, $9.1*0: bulk $.5.80-9.80: heavyweights. , $9.40® 9 SO: mediumweights. $9.50® 9 90; lightweights SB.BO >i 4* 90; light lights. $7.50® 9.60: packing sows smooth. $8 3.) ® 8.80: packing sows, rough. $7.S.>'U 8.35: slaughter pigs. $0.7508.00. TOLEDO. Anr 27 —Hog—Receipts light: market, steady: heavies. $10: medium slo® 10 10 ; Yorkers $10010.10: good' pigs $8.30® 9 Calves —Market, steady. Sheep and iamb—Market, steady. CINCINNATI. Aug. 27.—Cattle —R<v ceipts, 450 market, slow easy; shipping steers good to choice. s7® 9.50. Calves —Market active; pood to choice sllO 12. Hogs—Receipts 3.800: market steady: good to choice packers and butchers $10.20. Sheep—Receipts. 2.800; market slow: good to choice. s4® 550 Lambs —Market, glow; good to choice. $13.50 0 14. CLEVELAND, Aug 27 —Hogs—Receipts 2.500: market. 5® 10c lower Yorkers. $10.15: mixed. $10.15: medium. $10: pigs. $8.75; roughs. $8; stags, $5.50. Cattle—Receipts, 500; market slow, unchanged. Sheep and lambs—Receipts 500. market steady: top. sl3 50. Caltes —Receipts 300; market. 50c higher, top, sl3 00. Tank Wagon Prices (Gasoline prices do not include State tax of 2c a gallon.) GASOLINE—E Merge?. 20c per gallon: Purol. 16 2e: Red Crown, 16.2 c: Diamond. 16.2 c: Silver Flash. 20c; SUuidollncl aviation. 23.2 c. KFROSF.NE —(Yystaline, 117 c gallon: Moore Light, 14 sc: relite. 11.7 c: Perfection. 11.7 c; Solvent. 35c. NAPHTHA—Lion Power Cleaners. 22 0c a gallon. V. M. & P.. 23.6 c: Standolind Cleaners. 23.5 c.

Teaches Way

i .Jpg , K Miss Katherine Thomas, Augusta, Me., who has financed a trip around the world by teaching school In Japan, China, Korea, Alaska, Philippines, India, West Indies and many parts of Europe.

THE INDIANAPOLIS TIMES

HERE IS CLARENCE F. DARROW, VETERAN CHICAGO CRIMINAL LAWTER, AT THE CLIMAX OF THE GREATEST FIGHT OF HIS LONG CAREER—HIS BATTLE TO SAVE NATHAN F. LEOPOLD JR. AND RICHARD A. LOEB FROM THE GALLOWS. HE IS BEGINNING HIS FINAL ARGUMENT. BEHIND DARROW SITS HIS CHIEF AIDE, ATTORNEY BENJAMIN BACHRACH (NO. 2). RIGHT BACK OF BACHRACH IS LEOPOLD (NO. 3). NEXT TO NATHAN .IS DICKIE LOEB (NO. 4).

PRINCE PICKS STl® GIRL (Oontintind From Fact* 1) feet his enjoyment in the least, and toward the end of the dancing he didn't even bother to put on fresh ones. Every girl on the ship agreed he is the best dancer that has been on the floor so far, using; many of the steps common in the United States. Wales also showed up at the fancy dress ball last night and made the party a tremendous syccess with his apache costume. A gorj tous sweater, a blue shirt, with long, loose sleeves, a slouchy hat at a rakish angle, baggy trousers an.l a striking necktie—that was ; the costume that nearly broke up the i ball. The Prince looked so much like n genuine Paris apache, according to the women, that he might have stepped out of the dark little wine cellars which abound in the side streets of the French capital. The Prince’s costume was not known in advance and he siippe.. i quietly into the ballroom and ha 1 danced several times before ho was recognized. Then there was a great cheer. Prince Himself ‘‘lt’s the Prince himself,” somebody said, and that set things going, despite the fact one elderly lady observed that she didn't think an Apache costume much of a garb for a man who some day will be ruler of the greatest empire in the world. The Prince was carefully masked and seemed delighted that his costume was so effective. As soon as the Prince was recognized {here was great speculation as to who his partner was, and some people at first thought it might be. Miss Cahill of St. Louis, with whom he had danced several times in the afternoon. Miss Cahill was recognized, however, and the prince’s partner remained a mystery, until she unmasked. It was Mrs. Richard Nor ton, a member of the Prince's party. Many of the American girls who had been hoping for a dance with the British heir during the evening were disappointed, as he chose his partners only from his own entourage. Gets I>oI! The prince had a good time, however, and was given a doll as the prize for his costume. H. R. H. was up early today nhd did his accustomed exercises in the gym, took a plunge In the pool and then w'alked briskly on the deck Inquiring about the preparations for the ship’s games to be held this afternoon. BANKRUPTCY PETITION FILED AGAINST WILSON

legalizes Taking Over of Company’s Chicago Property. Bu Tnltrd Frets CHICAGO, Aug. 27.—An ancillary petition In bankruptcy was filed in Federal Court here today against Wilson & Cos., leading packers. The petition, tiled by attorneys for John E. Eisener & Cos., Is a branch of the original one filed in New York, under which receivers were appointed. According to attorneys, the petition is only a formality and legalizes the taking over of the company's Chicago property. Federal Judge James H. Wllkerson, in granting the ancillary petition, named Thomas E. Wilson, Julius Mayer and Abel Davis as receivers for the company. Receivers as appointed by the United States District Jydgc Bondy in New Jersey Tuesday are Julius M. Mayer, Thomas E. Wilson and Robert Lee Morrell. Indicative of the announcement by receivers that business will go on without interruption, trading was resumed in the livestock market today. It is understood that the banking committee, headed by Frank O. Wetmore, Chicago, approved of the receivership and extended credit, thus allowing resumption of purchases. Most of the stock bought today was shipped to Eastern plants, as the local slaughtering houses will shut down temporarily. MARKET HITS SLUMP "Lessened Competition Will Cause Further Depresion.” By Vnitcd Press CHICAGO, Aug. 27.—Failure of Wilson & Cos. has presented the livestock market with a had situation, Everett C. Brown, president of the Chicago Livestock Exchange, said today. “It is the worst thing that could happen,” Brown said. “Lessened competition at this time, when the market is in a weakened condition will cause further depression. It will take some time before buyers reorganize and are able to absorb the Wilson company business. When this is accomplished the market will resolve Itself into a better situation."

Darrow Makes Plea for Mercy

Indianapolis Stocks —Aux 27 Only nine changes in bids were recorded at today s Stock Exchange session. interest was decidedly lacking. The market was irregular. Gain* by stocks: Advance Rumely pfd, 1. Louses: Indianapolis Bt. Ry., pfd. %: T. H., I. Sc E pfd, %. No bids were made on Union Traction com and 2nd ptd. Advance Rumely com. %. Gains by bonds: Indianapolis Traction Terminal. %. Losses Indianapolis Gas ss. % , Indianapolis St. Ry.. % . Stocks Bid. Ask. Advance Rumely com .... 11% 12% I Advance Rumely pfd.—. ... 39 40 American Central Life 200 ... Am Creosottng pfd 07% ... Belt U R com 76 % 78 Belt R R pfd 52 % .. Century Bldg Cos pfd.— ... 98 ... Cities Service Cos com .... Citizens Gas pfd 103 ... Cittiens Gas Cos com 29% 31 Indiana Hotel com 100 ... Indiana Hotel Cos pfd....—.101 .... Indiana Pipe Line 89 92 Indiana Title Guaranty ...100 ... Indpis Abat Cos pfd 50 Indianapolis Gas 51 .. . . Indpis Sc Northwest pfd... 34 ... indpis Sc Southeast pfd..... 40 Indpis St Ity pfd 62’ 55 Merchants Pub Util pfd... 83% ... Public Savings 12 ... Rauh Fertilizer pfd 4A% 51 St Oil of Ind 56% „,. . j Sterling Fire Ins C 0...... 10 ... TH. ISc E com 4 8 i T H. I Sc E pfd 13% 14% | T H Trae and Light com.. 90 95 Un Trac of lnd com . . 4 .I’n Trac of Ind Ist pfd .. . 10 20 j Un Trac of Ind 2d pfd 7 Van Camp Ist pfd . „ 100 Van Camp 2d pfand 7 Vandalia Coal Cos com 100 .Vandaha Coal Cos com 5 j Vandalia Coal Cos pfd...... 8 ! tVab Ry Cos com 14% ... Wab Ry So pfd 42% ... bank Stock* Aetna Trust and-■ Irinas C 0.105 ins Ranker* Trust Cos 110 ... City Tnit Cos 102 Continental National Bank. 105 109 j Farmer* Trust Cos 206 . . . Fletcher Am Nat Bank , . 138 Fletcher Sav and Tr Cos. . . 210 223 Fidelity Trust Cos . 152 Indiana National Bank .250 260 Indian* Trosi’Co 212 228 Lire Stock Exchange Rank. 175 195 Marion Cos. State Bank . 150 Merchant* National Bank.. 300 ... Peoples State Bank 200 Security Trust Cos 176 State 9av and.Tr Cos. 102 110 T'nion Trust Cos 325 375 Wa.-h Bank and Tr <%a 150 ... Bond* Belt R K Sto.-k Yards 4s . 82 ’ ... Broad Ripple 5s 67 79 Central Indiana Gas 6s ... . ... Citizens Gas ss. 91 92% Citizens St Ry 5s 84% 85% Indiana Coke and Gas 6s . . 90 94 Indiana Hotel 5s 95 ... Indiana Hotel 2d 8s 100 ... Indiana Northern 6s 25 ... Indiana Union Trac 5.... 25 ... Ind Railway and Lt 5s . . 91 Indpis Abattoir Cos. 7%5. 100 103 Indpis Col St South 6s ... 96 100 Indpis Gas 5s 90% 92 Indpis Light and Heat s#. .. 08 100 Indpis St Martinsville ss. ... 51 50 Indpis Sc Northern 6a.... 40% 44 Indp’s Sc Northwestern .... 25 ... Indpis. Shelby ft 8 B A*... 30 Indpis street I.iilway 4s . . 64% 65% Indpis Trac Term 5 80% 92 Indpis Union Ry 5s 99% 100% Indpis Union Ry 4%a 100 Indpis Water 5%s 98% 100% Interstate Pub Berr ss. . . . 02 % T H I ft E As 65 7(> T H Trac and Lt 5s 84 ... Union Trac 6 55 50 Liberty Ronds Liberty Loan 3%s TOO 60 100 72 Liberty .Loan Ist 3 %*.... lot SO 101,00 Liberty Loan 2d 4% S . . . . 100.90 101 06 LttwrtT Loan 3d 4% s. ... 101.78 10190 Liberty Loan 4th 4%5. .. . 101.80 10190 ! U. S. Treasury 4%5. ..... 104.74 1 04.84 ; Local Wagon Wheat • Local grain elevators are paying $1 17 for No. 2 red wheat in wagon load lota. Others priced accordingly^ Local Bank Clearings Indianapolis bank clearings Wednesday were $2,002,000. Bank debit* amounted , to $4,791,000. Michigan FWtrs Illinois Michigan's toughest opponent this fall, judging from present indications, will be Illini. They meet at the dedication of the latter’s new stadium Oct. 18. Michigan hasn’t lost a game since tho’l4-0 Ohio State defeat in 1921. Tigers Fool ’Em Last spring during training camp season the experts counted the Tigers out of the race because of a supposed weakness at second base. They said the Cohbmen have a chance to cop—wouldn't even be in the running. But the Tigers seem to have upset the dope.

12 Years of Steady Dividends We invite YOU to learn about the exceptional investment opportunity now, offered by this Indiana enterprise. This company's subsidiaries serve 74,000 customers in 136 communities; 1923 gross earnings exceeded 16,406,000. Extensions now in progress assure steady increase in earning power. Shares, $93.00 each, cash or on payments of $5 down and $5 monthly per share. Quarterly dividends at the rate of $7 yearly per share —better than 7Ya%. Call, phone or write INVESTMENT DEPARTMENT Central Indiana Power Company or subsidiaries: Merchants Heat & Light Cos. Wabash Valley Electric Cos. Attica Electric Cos. Indiana Electric Corporation.! Northern Indiana Power Cos. _ A Hoosier Institution

CROWE CHARGES DEFENSE PLOI (Continued From Page 1) charged. Practically every activ- ; ity held by the defense to indicate the presence of mental disease is simply the activity of normal boys. Referring to the statement of Dt. White that the boys could not lie to him, Crowe said sarcastically: ‘‘Oh, no, they wouldn't; they wouldn't lie to save their worthless lives.” IJ -4# There is no doubt that the boys lied, "even as the doctors lied to your honor and withhold 1 information,” Crowe said. "All this is perjury, pure and simple, perjury with a purpose,” Crowe shouted. Again, as Tuesday, Crowe brought the subject of perversion from cover. "I can show and I Will show your honor that Loeh was afraid of Leopold because Leopold knew of his crimes.’’ Crowe said. Leopold was simply blackmailing L00b,2 Crowe said he would show the moving motive in this case was “money, money, rrifthey and blood and I’ll prove it through their own evidence.” Crowe read from the alienists report to show that the boys were deeply absorbed in how to obtain the $10,009 ransom. Most of their time, after deciding on a crime, was devoted to scheming and obtaining the money without detection, Crowe declared. ‘ They considered half dozen bovs,” Crowe declared. “All these hoys were small. They were physically small enough to be easily handled so that there would he no possibility of over powering them. The parents of these boys are extremely wealthy. The first motive was ransom and the motive for the murder was self protection. No Thrill Desire "The killing had no significance except that they did not want to be detected. There was no desire for a thrill or excitement.” Crowe said he would show that Izoeh’s original plan for killing Bobby Franks was to strangle him to death with a rope, Loeb holding one end and Leopold the other. ‘ I will show that Leopold had something on I.oeh and Loeb wanted to get something on Leopold, and for thi3 reason advanced the Idea of strangling Franks in that manner,” Crowe said. There Is nothing to the claim of (he defense that the hoys lack emotion, Crowe stated. He placed particular emphasis on the incident in the automobile when young Franks was beaten to death. Leopold was highly excited and cried out: "My God! This is terrible.”' Crowe declared. Crowe then quoted I>oeb, stating that lt took him five minutes to his companion. Week Continuance Crowe is expected to his argument some time this afternoon. At conclusion of the argument, wh.ch will he the last one of the protracted hearing to determine whether there are mitigating circumstances, Justice Caverly probably will announce a continuance of at least a week, if he carries out his plans. He and Mrs. Caverly will leave Chicago soon afterward for an undisclosed destination in order that he may study the evidence without interruption. Minus Old Starr. Western conference competition will be without tihe services of many famous football stars this season, notably Kipke, Michigan; Workman, Ohio State; Martineau, Minnesota; Below, Wisconsin, and Fyott, Chicago.

Washington Bureau The Indianaoolis Times JL / 1322 New York Ave., Washington, D. 0. Any one of the following booklets may be obtained for ilv# 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 I ivant and enclose. cents in loose postage stamps for same: Send the ones marked “X” to— ~ / Street and No. ..... _.. .*. City State

COOLJXG DRINKS AND FROZEN DESSERTS —Recipe* for fifty different kinds of home-made cooling drinks and thirty-four kind* of frozen desserts, with full directions for making, BIOGRAPHIES OF THE PRESIDENTIAL CANDIDATES—AII the fact* you want to know about Coolidg*. Davla and La. Follette, th presidential candidates. BIOGRAPHIES OF THE TICE-PRESIDENTIAL CANDIDATES*—The life atoriea of Dawes Bryan and Wheeler, candidates for Tics President, and a clear explanation of the importance of the vice presidency In this election and how a Vice President may become the next President of the United States CHOOSING A CAREER—UsefuI suggestions and summaries of hhe educational requirements possibilities and future in the different professions and trades—and in choosing your lifework. MEATS AND MEAT DISHES—A cookery bulletin full of informative facts and recipes for cooking all kinds of meats and preosring tempting meat dishes. THE CLUB WOMAN S MANUAL—TsiIs how to form a woman's dub, conduct a club meeting, a mode! constitution for a club, duties of officers, recording the minutes, parliamentary hints, the preparation of club programs and papers, suggested subjects for club papers, dub mottoes and names. e PICNIC LrXCHES AND PORCII SUPPERS—FiIIed with helpful hints, recipes and menus for the hot days, tells how to prepare a “diahlesar dlnner, entertain at a porch supper, or prepare a picnic lunch. 0 HOW TO REDUCE TOIB WEIGHT—A scientifically prepared bulletin, written by an eminent woman physician and telling how weltght reduction may be accomplinhed safely and surely by approved methods. THE BEAUTY BOOKLET—A bulletin containing recipes, formulas and suggestions for all sort of beauty and toilet preparations. THE BRIDE’S BOOKLET—-From the engagement to the honeymoons What you want to know about everything connected with the wedding. CONDENSED HISTORY OF THE WORLD WAR —Trammed with facta and figures and interesting data on the great world struggle; complied right from Uncle Sam’s war department. CAKES AND COOKlES—Recipe* for many dainty and toothsome cakes and sweets for parties, functions and everyday use. CONGRESS—The inside workings of the national legislative machine! how it operates, how laws are made and not made, and facts and fig. urea about the legislative body. CANDY-MAKING AT HOME—A complete manual for the home-candy maker, containing full directions and hundreds of recipes. — 1 AUTO CAMPING —-A manual for the tourist who plans to hit the open road and camp by the wayside. Everything from tools and tent to flapjacks and fritters. TRAVEL ETIQUETTE —A convenient compilation of all the thing* you need to know about travel-—by train or boat, at hotel or resort; tells you exactly the correct way to handle ail the details of tr&veL CONSERVES. JAMS, MARMALADES AND PRESERVES —Tells how-to “put up" ail these dainties in your own kitchen for winter use. ETIQUETTE FOR EVERYBODY —A complete, condensed manual of etiquette for all occasions. How to avoid embarrassing situations. FUEL MANUAL FOR THE HOME—How to get fuel economy: how to regulate and run your home heating plant wiih anthracite, bitnminoua, fuel oil or gas TJiRL SCOUT COOKING AND CAMPING MANUAL—How to camp and cook outdoors, compiled from authoritative source*. THE CARE OF GOLDFISH—A manual, prepared by government experts, on the proper care and feeding of your aquarium. THE PRESIDENT—A bulletin telling all about the offices of the President. his powers, duties, privileges, salary and allowance*. SALADS AND SALAD DRESSING—FuII of suggestions for dainty salads and dressings, by means of which meals may be varied. SANDWICH SUGGESTIONS —Contains sixty suggestions for dainty sandwiches. Solve* the problem of ‘‘what to have." SOUPS—A cookerv bulletin containing recipes for all kinds of nourishing soups, compiled with the advice of expert dietitians. SUMMERTIME COOKERY—A bulletin of hot-weather suggestions for cooling and appetizing dishes and how to prepare them. TRANSMISSION OF DISEASE BY FLIES—How to avoid the fly danger and guard your home from the lurking menace of germs. WEDDING ANNIVERSARY PARTIES—A booklet showing the proper gifts for each of the anniversaries from the first to the 75th and suggestions for menus, etc. DEBATES MANUAL—An excellent booklet for the school boy or girl. Gives outline of debate methods, lists of subjects ot current Interest and general hints. FARROTS —A book on the care and feeding of parrots, giving name* of various breeds and their Individual requirements.

PIES, BEDDINGS AND PASTRIES—A booklet containing 56 recipes for delicious desserts and how to serve them. HALLOWEEN —A booklet of party and game suggestions for Halloween, giving suggestions for costumes, games, decorations and menus, BUDGETING AND HOI'SEHOLI) ACCOUNTS —A manual for E anagtng the modern household; tells you how to apportion your expenditures to lit your income, gives sample budgets for families of various slses and various Incomes, shows how to keep simple household account* and save money. CARE OF THE HAIR—-A bulletin for the woman who would have beautiful hair; everything you need to know—shampoo, massage, treat, ments. tonics, gray khlr, dyes, curling, and how to dress your hair to suit your type. KEEPING YOUTH AND BEAUTY—A bulletin of practical suggestions on how to look tea years younger than your age. Full of suggestions for combating the telltale wrinkles aud other signs of age. MAH JONOG —Full, simple and clear instructions for playing the Chinese game of Mah .Tongg, with directions for scoring, and hints on good play. Makes the game understandable and enjoyable. PALMISTRY—An illustrated bulletin on reading character and telling fortunes by palmistry; everything clearly and simply explained. PARTIES FOR ALL OCCASIONS —Formal and informal dinners, dances and costume parties, afternoon teas and parties, parties out of doors, luncheons, children s parties, etc. Suggests invitations, decorations, menus, etc. A helpful bulletin for the harried hostess. RADIO—-A bulletin giving sources of radio information; tells yon where you can find out anything you wish to know about radio. Contains Morse code, map of radio districts, and lists all government documents obtainable on the subject. EXERCISE AND HEALTH—A tJ. S Public Health Service bulletin of suggestions on how much, what kind and how often to exercise to keep in good physical trim. ' 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. WOODROW WILSON —A five thousand word biography of the great American War President, full of facts and human interest about this man. Contains his famous "Fourteen Points ” 'tells about the war period and contains interesting stories about him. INTERIOR DECORATING—A bulletin of practical suggestions for ths woman who wants to utilize the materials available to her to beautify her home. Color, materials, furnishings and decorations discussed In non technical terms and on a woman to-woman basis; prepared by a woma-t 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, and how to treat him and make him treat you. THE KITCHEN AS THE HOME WORKSHOP—A manual for furnishing and equipping an ideal -kitchen. Tells what equipment is necessary, Us arrangement and use to save time and steps for the busy housewife. HOW TO OWN YOUR HOME —Everything you want tp know about home ownership, financing, building, buying, the legal points and i practical suggestions / BACKYARD PLAYGROUNDS —How anybody can build the equipment and lay out the backyard so as to have an Ideal gymnasium and play place for children. Gives materials, quantities, prices and diagrams showing how to cut lumber and fit together. THE SOLDIERS' BONUS LAW—A complete and understandable explanation of every provision ot,the bonus law, tells Who, How Much, When, How and Where the adjusted compensation is paid. COMMON ERRORS IN ENGLISH—A bulletin for the person who wishes to improve his or her English by elimin:*-*ing the common errors of speech. _ A

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