Indianapolis Times, Volume 36, Number 130, Indianapolis, Marion County, 8 October 1924 — Page 11

WEDNESDAY, OCT. 8, 1924

STOCK DEALINGS ' CONTINUE LIGHT Political Gossip Rules Supreme on Exchange. Average Stock Prices Average pricy of twenty industrial stocks Tuesday* was 10C.38. off .29 Average price of twenty rails was 88.31. off .12. Average price of forty bonds was 90.74. off .06. By United Pres * NEW I’ORK, Oct. 8. —Political gossip occupied most of the space in the morning news with the exclusion of items which might have had a bearing upon financial values. Asa consequence, trading continued extremity dull in the early dealings, with price changes wholly confined to eighths and quarters. Opening prices: U. S. Steel 107% : Standard Oil of N. J. 35 Vi .up % ; B. & O. 62 4. up 4: TT. 3. Rubber 33%. up 4; Erie 36: Rock Island 32 4. off 4 • Southern Pacific 93 4, up 4 ; Southern Raiiway 64 V*. GRAIN PRICES SAG ON PROFIT-TAKING Values Shaded by Some Selling. By t'nitcd Pres* CHICAGO. Oct. B—Grain futures went into a sinking spell at the opening on the Board of Trade today. Resumption of Tuesday's profittaking was encountered by wheat. These sellers who have been active for the past three days were induced to continue their operations by a sharp slump in Liverpool. Corn values were shaded fractionally by some selling due to weakness in wheat. Rain3, together with the fact that the market has been long neglected, however, curbed the downturn. Traders in oats were slow to get into action. Sympathetic dips were checked by commission house buying. Provisions reacted with grains. and realizing. Chicago Grain Table WHEAT— Prev. Open. High. Low. 11 30 cloee Dee. 1.48 1 48 4 1.47 % 1 48 4 1 49 4 1.48 4 May 1.53 1.53 4 152 1.53 4 154% 1.524 July 138 1.354 1.374 1.38 1.39 1 37 4 CORN* — Dec. 1114 1134 1114 1.134 1134 1 124 May 1.144 1.164 1144 1 154 1.154 1 144 Julv 1 15 1 164 1.15 1.164. 1.164 1.154 OATS— Dec. .56 4 .57 .56 4 .06 4 .06 4 .56 'V May .60 4 -61 . .604 .60 4 -614 .604 July .59 4 .59 4 .59 4 .59 4 -594 CHICAGO. Oct. B.—Carint receipt* were: Wheat. 21S; com. 220: oat*. 246: rye. 8: barley. 57. OCTOBER DRIVERS WARNED BY A. A. A.

Many Cars on Road —leaf Skidding’ Danger, WASHINGTON, D. C„ Oct. Motorists planning to tour extensively in October are warned against certain motoring hazards peculiar to this month of the year in a bulletin just sent by the American Automobile Association to its affiliated clubs throughout the gantry. October is the most popular motoring month of the year. It is pointed out that the scenic attractions and the stimulation offered by the weather frequently leads the driver to forget some of the fundamentals of his safety in handling the car. There are a maximum number of cars on the highways during October and each motorist has just that many more cars to look out for. Thi6 is the time of year when wet leaves on the highways present constant hazard. “Leaf skidding” is | particularly dangerous in the early morning when the sun has not had an opportunity to dry out the dew that is being held under the leaves. Indianapolis Stocks Marked increase in strength in the securities market within the last few days, sent stocks on the local exchange Wednesday on a surge upward. Advances were fractional to three points. It was the general opinion among dealers that many issues have been underquoted and recent heavy orders paved the way for the bull market. Gains by stocks: Belt com., ; Citizen? Gas com . %: Indiana Title Guaranty. .1: Indianapolis Gas. : Indianapolis Street Railway. : Wabash pfd.. I. Losses: Advance Rumely pfd . 1. Gains by bank stocks: aßnkers Trust. 1; Security Tnel, I; Union Trust. 3. Losses: State Savings, 1. Gains by bonds: Broad Ripple ss. H: Citizens Gas os. ! s Citizens Street Railway. 4* : Indianapolis Gas ss. *, : Indianapolis & Northwestern. ; Indianapolis Street Railway 4s. Indianapolis Traction Terminal. Indianapolis Union Railway and Indianapolis Water j'.s. ! 4 : Water 4‘ 2 s. Losses: Union Traction tjs. Produce Markets Fresh eggs, los? off. 39c: packing stock butter, 22c: fowls. 4‘ a lbs. up. 21c: fowls, under 4>i lbs. 19c: cocks. 12c: springs. 52c: Leghorn poultry. 25 per cent discount: young tom turkeys 12 lbs. up. 25c: young hen turkeys. S lbs up 26c: old tom turkeys. 19 @ 20c; ducks, 4 lbs. up. old 15c: ducks, spring, 4 lbs. up. 15c geese 10 lb. up. 11c: squabs. 11 lbs. to dozen. $3.75; young guineas. 2-lb. size. 57. Butterfat, delivered Indianapolis, 37c. Prices on Coal Lndianapohs retail coal prices as announced by dealers are: Indiana Lump, 1 56 a ton: Coke. slo:‘Kentucky Lump, ' 57.50: West Virginia Lump. $7: Pocahontas Lump. 59.26: mine run. $7: Anthracite. 516.50. Hay Market Prices Wagon load prices of hay and grain at Indianapolis are as follows: Timothy—sls @l7 a ton; mixed. slo@ 12. Com— sl.2s a bushel. Oats—4B @ 53c.

New York Stocks

(By Thomson & McKinnon) ——Oct. 8— Railroads— At 12:30 Prev. High. Low. p. m. closo. Atchison ..105 4 ... 105 4 105% !B. & O. . 62 4 ... 62 4 62 C. & 0 84 4 C. & X. W . 59 4 C.. R. & P. 32 4 32% 32% 32% Del & Lack 136% .. . 130% 137 4 Erie 26 26 26 Gt Nor pfd 62 ... 62 61 % Lehigh Val 61 ... 60% 604 Mo Pac pfd 56 4 56 4 56 % 56 4 X Y Cen.. 106% 106 106% 106 S Y.NH&H 22% Nor Pac 62 4 ... 62 4 62% X'or A W.. 123 ... 123 123 PerrsyJvan. 44% 44% 44% 44% I Reading ... ... 60 ■% i 8o Railway 66% 66% 66% 67 4 iSo Pacific.. 93 4 ... 93 4 92 4 Ist Paul pfd 194 194 19% 19% Union Pac 137% 137 4 137% Wabash pfd 45 44% 44% 44% Rubbers— Goodyr pfd 68 .... 68 674 Kelly-Spg... 17% ... 17% 17% U S Rub.. 33 % ... 33 % 33 % Equipments— Am Loco.. 78% 78 4 78% ... Bald Loco 1214 1214 1214 121% Gen Elec. 255% 254% 255 4 254 Pullman ...129% ... 129% 129% | West Elec. 62 4 ... 62 % 62 4 Steels— Bethlehem.. 43% .. 43% 43 4 Colo Fuel . 42 41% 42 41% Crucible .. 55 % 55 % 55 % 55 % Rep 1 & S . . . ... ... 454 U 9 Steel .108 4 107% 108 4 107 4 Motors— Am Basch... ... ... 25 % Chan Mot . 31 % 31 % 31 % 32 Gen Mot .58% ... 58% 58% Mack Mot . 99 % 99 99 4 98% Max Mot A 60* 58% 59% 06% Max Mot B 184 184 18% 18 : Stude 39% 39 4 39% 39% I Stew-War .56% 55% 56 4 55 i Timken ..... ... „.. 35 4 Wil-Ovar . 8 4 ... 84 * 84 Minings—lln Nickel .17% ... 17% 17% ;T G 4 S . 784 ... 77 % 77% toppers—|Am Smelt .73 4 ... U3 734 Anaconda . 35% 35% 35 4 35 4 ’ Kennccott .45 4 ... 45 4 45 4 iU S Smelt .33% 33 33% ... ; ous—'Cal Petrol. 21% ... 21% 21% ; Cosden ... 23% 23 4 23% 23 4 ' Hone Oil .69'-* ... 69 4 69 Mar Oil .. 32% 32% 32% 32% P-A Pete ... ... ... 52% P A P B . 51 4 51 % 51 4 52 4 Pac Oil ..40% ... 46% 40% Pro and Re. 254 ... 25 4 25 Pure Oil .... ... ... 22 % Roy Dutch 414 ... 414 414 St Oil. Cal. 56 4 ... 56 4 56% St Oil. NJ. 35 4 ... 35 34% Sinclair .. 15% 154 15% 15 4 Tex Cos ... 39 % ... 39 % 39 % Industrials—- : A1 Cbem ... ... ... 72 % Amer Can. 1314 130% 131% 130% Amor Ice.. 744 ... 74% 76 j Am Woolen 57% 57 4 57% 57% • Coca Cola ... ... .• . 754 Cont Can.. .58 57% 57% 57% ' Davison Ch . . . „ . . ... 46 Tam Play.. 82 81% 81% 81% , G Asphalt .... ... ... 42 4 ! Inter Pap. ... ... ... 45 4 Mont W. 374 37% 374 37% i’Rcrp..ii34 1124 1124 1114 jU Sln A!.. 70 4 69 4 70 4 69 ItiUties—;Am TAT 127 1264 127 1264 ICon Gas... 72 714 72 714 Columbia G. 42% .... 42% 42% shipping—- ; Am Int Cor 25 4 ... 25 4 254 ! Ir.M M pfd 37 4 6. 36% 36% Foods—iAm Sugar . 45% ... 44% 45 Am B Sugar 40 ... 40 39 4 : Com Prod. 36 4 35 % 36 36 C C Sc pfd 61 4 • 60% 60% C-Am Sugar 30'. ... 30 4 30 4 I Punta Ale.. .50 4 ••*. 504 50 Tobaccos— Am Tob . ... ... ... 162 Tob P 181. 654 65 65 4 65 NEW CANDIDATE FORJEXAN GOV. 'Ma 1 Ferguson Has Opponent After All, By Time * Special FT. WORTH, Texas. Oct. S.— “Ma” Ferguson is rot to step into ; the office of Governor of Texas withj out opposition, after all. I For the Republicans, whose vote I ordinarily isn't of much force or j effect in Texas, have put up a real ' candidate against her, and many Democrats are threatening to repudiate their primary pledges and support the G. O. P. ticket. The Republican candidate ts Dr. George C. Butte, who resigned as dean of the law school of the University of Texas to make the race. Butte is well know throughout the I State ard may give “Ma” Ferguson ! real competition. Texas Democrats, when participating in a primary pledge themselves to support the party's nominees. But many Democrats are arguing that "Jim" Ferguson will be the real Governor if “Ma” is elected; that this will be a bad thing for the State: and that as between the primary pledge obligation and the obligation to vote for the best candidate in the general election, the second is the higher and therefore the primary pledge stands Invalidated.

CUM, PAINTER, SELLSINTERESTS Had Made Millions From Outdoor Ads, By Time* Special CHICAGO, Oct. B.—Thomas Cusack, who began business with a paint brush and three small cans of pigment in 1875, has sold his control of his outdoor advertising business. The price was not revealed by the syndicate of New York bankers who will henceforth control the Thomas Cusack Company, but the balance sheet on which the negotiations were based showed assets of $23,000,000, and annual revenue for last year of $22,000,000. Cusack, active director of the na-tion-wide signboard system, began business in Chicago in 1875 by soliciting contracts for “color work on the outside." To his ability to put on color combinations was attributed the first measure of success in an enterprise which has since built a skyscraper in New York for an Eastern headquarters. Tank Wagon Prices (Ga*o!lne price* do not include State tax of 2c a gallon.) GASOLINE—Energee, 17e a gallon ; Purol. 16c: Red Crown, 13c: Diamond. 13.2 c: Silver Flash. 17c: Standolind aviation. 23.2 c: Standolind Furnace Oil, 9.6 c. KEROSENE—Crystaline. 11.7 c a gallon; Moore Light. 14o: Arclite. 11.7 c: Perfection. 11.7 c: Solvent, 35c. NAPTHA—Lion Power Cleaners, 32.6 c a gallon: V. M. & P., 22.5 c; Standolind Cleaner*. 23.5 c. Local Bank Clearings Bank clearing* Wednesday were 53.295.000. Bank debit* amounted to $5,879,000.

PORKER ADVANCE COIVIES TO HALT Market Steady to 10c Lower —Bulk, $11,40.' —Hog Prices Day by Day— Oct. Bulk. Top. Receipts. 2 11.15 11.25 5.500 3. 11.154? 11.25 11.35 6,000 4 11.25® 11.40 11.50 4.000 6. [email protected] 11.60 5.000 7. 11.45 @ 11.50 11.65 6.000 8. 11.404? 11.50 11.65 7,000 The prolonged hog price advance came to a halt at the local yards Wednesday, when several large buyers bought lightly, presumably because of high prices. The market was steady to 10c lower. The top remained steady at $11.65 and the bulk of sales was made about 5c lower at [email protected]. Heavies also were 5c lower at $11.55® 11.60. Lights were a dime lower at $11.40. Light lights brought $10.75®# 1.40. Pigs were steady at [email protected]. Smooth packing sows were fully a quarter higher at $10.25® 10.50. Roughs were steady at $9.50@10. Stags, quoted at [email protected], were lower. The break in the advance, traders said, was not directly caused by larger receipts, although the pffering of 7,000 was nearly 1,000 more than was received Tuesday. The major swingupward started Sept. 23 when values, at $10.25, rose steadily to the present level, $11.65. Prices in a general way have beer, upward bound since June, but the advance was irregular. In spite of cattle receipts of 1,600, comparatively strong trade characterized the start of the market. Larger volume of good grades helped. The steer top was $10.75. Conditions at the opening seemed to indicate that medium cows and heifers would recover the 25c loss of Tuesday. Yearling steers were quoted at $11.25 and one load was being held for $11.50. Fat light heifers at $8®10; fair to good cows at s4® 6 and fair to good heifers at $6.50®7.50, were were steady on normal demand. Withdrawal of eastern buyers from the calf market brought about a dollar decline. The top was sl2. A few extra fancies commanded $12.50. Mediums sold at s9®lo. Thin calves brought s6®B. Receipts were 700. Sheep and lamb prices itnchanged. Young stock ewes were sold at sl3. Mixed brought $11.50® 12. Heavies sold at $lO. Sheep sold at $6 down. Receipts were 500. —Hop*— Chni-e liehts sll 40 Light mixed 11.4 rt Medium mixed ........... 11.50®11.55 Light light* - _ 10 754i 11.40 Heavyweight* 11.55 @ 11.00 Pie* 8.00 410 75 Sows 9.50® 10.50 —Cottle— Ste-rs 1 240 lbs. up. chotee.slo 00® 10.75 Fair to good 8.004? 9.50 Steer* 1,000 to 1 200 lb*.. choice .. 10 OO @lO 7.) Prim* yearling* steers 10 50® 11.00 Common to fair heifer* ... 4.00 4? 6.25 Choice hei er* 8 50 r 10.25 Baby beef heifer* 8 50® 900 Common to medium cow*... 3 75® 4.50 Choiee 5 50®: 3.00 Canners 2.00® 250 Cutter* 2 75® 3.50 Choice light bull* 500 ® 6.00 Choice heavy bull* 4.50 4? 5.00 —Calve*— Choice reals sl3 00 Lightweight vea’l9 ......... 8 50@ 9.50 Good v-a! 11 00® 12.00 Common heart** ....... 5.00 @ 0.50 —Sheep and Lambs— Extra choice lamb* sl3 00 Mixed lamb* [email protected] Cull lambs 600® 8 50 Good to choice ewe* ...... 4.50® 600 Culls 3.00® 3.50 Other Livestock CLEVELAND. Oct B—Hoc*—Receipts. 3.000 market, steady: Yorker* sll 75; mix<jd. $11.75: medium sll 85® 11 90: Pir* $9 75: roughs. $9.50: stag* $7. Cattle—Receipt* 700: market. slow unrnanged. Sheep and lamb*—Receipt*. 1 000; market. 29®25c higher; top.

6$ TO THE SECOND Indianapolis In dustrial Exposition Auspices Indianapolis Chamber of Commerce Sec the wonderful displays—lndianapolis’s leading industries on exhibition. Four acres under one roof and on one floor. Interesting, instructive, educational! Admission only 50e. Wednesday—Diplomatic and Foreign Trade Day Inspection of exhibits will be made by official trade representatives of foreign countries with headquarters in Washington, New York, Cleveland and St. Louis. Brief exercises appropriate to the occasion in evening. See the first trackless train, marvelous machinery, late Inventions, meat packing exhibit, motor car displays, style shows, etc. Open Every Day This Week From 10 A. M. to 10 P. M. Exposition Bldg.—State Fairground

THE INDIANAPOLIS TIMES

$14.35. Calves—Receipts, 400: market, steady; top. $14.50. COTTON CONDITION 53.5 OF NORMAL Forecast Production of 12,499,000 Bales, By United Press WASHINGTON, Oct. S.—The condition of the cotton crop on Oct. 1, was 53.5 per cent of normal, forcasting a production this year of 12,499,000 bales, the Department of Agriculture estimated today. The condition announced today was nine-tenths of one per cent lower than the condition of 55.4 per cent estimated on Sept. 16 and the production now foreseen for this year is 97,000 bales less than was estimated on Sept. 16. This year's crop however, will run well beyond last year’s if conditions continue favorable, for the 1923 crop aggregated only 107,139,671 bales. By United Press NEW YORK, Oct. B—lmmediately after publication of government report of 12,499,000 bales, which is larger than expected .the December option price reacted $3 a bale, going down to $24.75. Commission Market —Fruit*— Apples—Fancy Jonathan, [email protected] a box Extra fancy Pearls a 40-pound basket. $1.75®3; fancy. $1.25® 1.50. Extra fancy Duchess. $1.75: fancy. $1.25® 1.50, Fancy Red June* $3.50. Faring Wealthy, $1.50. Grimes Golden. [email protected]. Apricot*—California. $3 413.25 a box. Banana*—7c a pound. Cantaloupes—■ Colorado fiats. $1.50 Arizona pink meats. $1.25: a flat crate: Arkansas. sl.lO s* 1.35. Honey Dewes. $1.50 a crate: homc-grow-n Xip-Tops, $3.50 @3.75 a barrel. Cranberries—C. C. Black'*. $5.50 a half barrel box. Grapes—California seedless, crate*. $1.75 @2: Tokay $2.15 crate: Malaga. $175: Arkansas Concords. 35c a five-lb. basket. Michigan Early Blue*. 45c. Lemon* —California. $4 5065.75 a box. Lime*—s2 00 a hundred. Oraiif'es —Extra lancy California Valencias. 12s to 2505. [email protected]; Florida, $5 25@7. Peaches —KSberta*. $2.70@3 a bushel; Colorado Cling*. [email protected]> a fifteenpound box. Pears—Weetem Barlett. $2 7503.25 a box. New York Favoritsos. S3 a bust 1. Peach**—Elbertas, $3 00 a bushel. Plum*—lndiana blue plum*. [email protected] a bushel: Lombards. 75c a 16-pound basket; Moore* Arctic*. 85c a bask-t: Blue Dam •on*. 75@90c a basket; $1.25 one-half bushel basket: Italian Prune*. $1 26 a fifteen-pound box; New York. $2.75 a bushel. —Y egekable*— Carrots Home-grown. sl4? 1.25 a bushel. Corn—Roasting ears. 20 ® 25c a dozen. Cucumbers —Fancy, home-grown. $1.25 6 1 75 a dozen F.ggplant—sl.73 @2. Kale—Home-grown, 60® 65c. Lettuce —Head. fan*y Colorado. $5.50® 6.00 a crate, home-growu leaf. 35c a lopound basket. Bean*—Home-grown, green. $144123 a bushel: stringless. $1.50: wax. $1.26. Beets— Fancy home-grown. 25c a dozen bunches SI.OO a bushel. Cabbage—lndiana. $2 22.25 a barrel: 2@3c a lb. i Mangoes—Louisiana. $2 a hamper home-grown $2.25 a bushel. Onion*—Spanish. $2.25 a crate: horngrown green* 35c a dozen bunches: homegrown pick.mg. $1.25 a 15-pound basket. Parsley—Home-grown. 50c a dozen. Pea* —New York fancy Telephone. $1.50 @1.75 a bushel. Radishes —Home-grown, button 454? 50c a dozen buncbc*: long red or white. 60c Rhubarb—Home-grown. 264?30c a dozen bunches. Spinach—Home-grown. fancy. $1 a buanel. Tomatoes —Home-grown. SOcJTSe basket of 15 pounds; $1 [email protected] a bushel. Turnip*—sl a hamper. —PotatoesFancy Michigan, $2.23 a 150-lb. bag: F.ed River Early Chios. $3.20 a 120.;v> bag: extra fancy Idaho and Colorado. 2--a ponnd: Kentucky cobbler* $3 00@3 5 . a barrel; $2 25@2 75 a 150-lb. bag Jersey Sweet Potatoes —$6.30 if 850 Virginia $5 75: Carolina. $6.50; $2.25® 2.50 a third barrel. In Massachusetts Christmas trees are being raised as a regular mari ket crop.

I AND HOW TO CARE FOR IT , j By E H Scott Every once in a while we read that a certain make of car has been driven from coast to coast in record time. Few of these reports give the name of the man who drove the car, yet it is a fact it is very often his expert driving that makes the record possible. You might put any one of a hundred drivers behind the wheel of the same car and few of them would equal the expert’s record and probably a large number would never even complete the trip. An expert driver can use a car for two years and will have it in better condition at the end of that time than will an inexperienced driver at the end of only one year's running. The expert driver can maintain a high average speed on the road while the poor driver can do this only with considerable risk to the car or himself. In this article I am going to give you a few pointers on how the expert driver handles his car and the methods he uses to keep it in good conditioq. When an expert driver engages first speed, he speeds up the engine just fast enough to start the car moving as he lets in the clutch, then GRADUALLY speeds up for about ten or fifteen yards. Second speed is then engaged and the engine speeded up enough to keep increasing the speed of the car gradually. Top gear is engaged after the car has traveled about thirty-five or forty yards from the starting point. The expert driver (except when driving a racing car) never speeds up his engine so fast Fiat it races or screams or lets in the clutch with a bang. You can do more harm to an engine racing it up for five or ten seconds that you will in fifty miles of ordinary running. If you let in the clutch with a bang, a very severe strain is put on every part of the driving mechanism and sooner or later this means repair bills and shortens the life of the car. Watch an expert driver in traf- _ tie. When he has to slow down to eight or nine miles an hour, he 1 ' changes to second gear, then when \ \ traffic speeds up, he can speed up jjl TjT U ; quickly and surely. The poor drlv- ]/ I er hates to change down to lower . ... I gear, generally preferring to allow j j I j I the clutch to Flip so that he can j I hang on to top gear. It is a very bad 1 i | practice to slip the clutch for It amM A burns out the clutch facings and T \ / makes it grab or engage with jerks. \ i | / V. In addition to#hls, you can run the AVOID STRAIKIN6 Ks fRANUiM risk Os stalling the engine when you ™f, ITtASi rflTtTy AWfi try to accelerate too quickly when CCI CLUItn IN (aCwILT nND the car is moving slowly In high ACCELERATE ErtONE GRADUALLYgear. ■ ■■■■■ - -.. FT** When you have to slow down to under ten miles an hour in traffic, ab ways change down to a lower gear. Fudden starts or stops are avoided at all times by the expert driver.

Hewing to the Line

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You never see him drive up to within a few yarda of where he wishes to stop then suddenly jam on the brakes. He leaves in the clutch hut closes the throttle oor takes his foot oft the HOW TO STOP YOUR CAR accelerator vchen he is within about all i JLJ jo thirty yards of where he wishes to jLT TAW: FOOT Off stop. At about twenty yarda he —— • xrm FPAine starts to gently dab the brake pedal, still leaving tLe clutch in. At about asra ten yards the clutch pedal is pushed q n ft /, |by AT2OYCS out and the brakes applied with just ! ii KfeJ j! J CENTTI * DAS" enough pressure to bring the car to i I !- *Y _j BRAftt in a stop. Usiikg the brakes in this j AND COT way, the brake lining will last two i tjo-UL) \ or three times longer than it will if iff ri tjlj \ j\ j j JjCn PRESSURE Ok you will also ii nd the tires will give iWi 2 a longer mileag e. 11 1 ti •s. push ctuun our T ANARUS, . . . J If you want to become a really expert driver, one of the most important things you. must master, i3 how to change gears silently and surely under’all conditions. A large number of drivers are afraid to change down to a lower gear because they are not sure they can do it without clashing gears. Changfcng from a high to a lower gear is just as easy as changing from a low to a higher gear. The reason why it seems harder to change from a high boa lower gear is because the average driver has never attempted to leami properly how to do it. He just throws out the clutch and jams in the gear and chances to luck to make a good change. At a later date I will describe a very easy method of changing gears silently and surely under .all conditions. (Copyright, 1924, by the S. N. L. Technical Syndicate.)

BRACKEN ANSWERS GOODRICH THRUST Argues Ralston Did Not Leave State in Debt, Robert W. Bracken, State auditor, has answered a statement of former Governor James P. Goodrich, criticising Bracken and United States Senator Samuel M. Ralston for saving in political speeches that Ralston left the State out of debt when his term as Governor ended. Goodrich said Ralston left a debt of about $900,000 to Purdue University. Goodrich also criticised as untrue a statement of Bracken that the McCray administration sold Liberty bonds, bought in the Goodrich

With the Standard Oil Company (Indiana) industry begins with service and eruds with profits. Service and profits are funclameniaHy two aspects of the same thing. The one contains the other. i A fair profit to the stockholders, a fair price to the consumers, a just industrial ;program for the workers, a clean attitude toward com* petitors andservice for everybody, all Lie time, are merely different ways of saying: here is an industrial corporation which is successful Distinguished service medals warded bankrupts. If an organization cannot make a profit, it cannot remain in business. If industry is made to suffer the wrongs of unnecessary investigations, fixed profits, fixed wages or any other fixed workings of business, the business will eventually be forced into bankruptcy, and the result will be a summary ending of its service to society, Business is a living, growing, changing organism. It cannot be “fixed M You cannot animate by law. You can only restrain. And unwise restraint tends to lesson ahd limit production. The Standard OH Company (Indiana)is carrying on with scientific efficiency. Its service to society, as a whole, is an inseparable part of its successful existence. The Lamar, Missouri, Democrat says: "Every great and successful business does more to make happy homes, raise living standards, and place comforts and even luxuries at the doors of myriads, than all of the spouting declaim ers that ever dwelt in the irridescent realms of fancy. “Good wages could never be paid without creative genius to organize and carry on a successful business. And the secret of every big business success is to be able to sell things cheaper instead of higher. “Our greatest benefactors are seldom recog** nized for what they are. If you’d tell the average man, for example, that the Standard Oil Company had done more for the human race than all of the ripsnorting sorts of discontent that ever tortured the air with their raucous clamor, he’d probably say you were joking.” The success of the Standard Oil Company (Indiana) is enduring only because its existence is profitable and serviceable to all with whom it comes in contact t Standard Oil Company (Indiana ) * General Office : Standard OH Building ■ 910 S. Michigan Avenue, - Chicago

administration, at a loss. Goodrich cited that the ponds were sold at a profit of $8,000.. Bracken in Pis answer said the Ralston admini;tration had plenty of money with which to pay the Purdue debt, belt was prevented by legal technicali ties, and. in fact, left $1,751,048.09 in the general fund and $322,000 in the sinking fund. Bracken said that if the McCray administration had not been so pressed for funds and could have held the Liberty bonds until maturity, a profit c d $50,000 would have been made. ’76 Socie ties May Merge Plan for amalgamation of the Sons of the Revolution and the Sons of the American Revolution was approved at a meeting of the executives of the t-ro patriotic organizations at the Spink-Arms Tuesday night. Comreittee composed of Judge Sidney ,3. Miller and George C. Calvert wa.s appointed to draft resolution of the proposed union.

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