Indianapolis Times, Volume 37, Number 2, Indianapolis, Marion County, 13 May 1925 — Page 15

WEDNESDAY, MAY 13, 1925

HEAVY RECEIPTS FORCE DRO

STOCK LIST FAIRLY ACTIVE AT OPENING Industrials Stimulated on Betterment of Steel Situation.

Average Stock Prices

Averajro price of twenyt industrial stocks, 124.45, up .31. Average price of twenty rails, 1)7.11, up .68. By United Press NEW YORK, May 13.—Industrial shares on the stock market were stimulated by tho definite Indications of betterment In the steel Industry in the early dealing today. Dow Jones announced that expansion had taken place both In volume of business booked and business In sight this month as compared with last month. This survey resulted In a halfpoint gain In steel common which opened at 115%, while American Can jumped a full point to 189 and Mack Truck 1% to 155%. The oils were In special demand and moved ahead under the lead of Standard Oil of New Jersey, which attained anew high on the current advance at 44%. ■ Variations In the n. In body of "stocks around noon w. *e unimportant, but the list was ket t fairly active by special moves. Kadlo Corporation was subjected to renewed pressure and dropped 1% from its early high of 55% due to commission house advices to switch Into other trading vehicles. The report that the American Sugar Company’s directors would consider resuming the common dividends at today’s meeting was considered somewhat premature by Wall Street and caused heaviness In that stock, but support was forthcoming following tho announcement of an increase ih refined sugar prices. Local Bank Clearings Bank clearing Wednesday amounted to *3.144,000. Bank debits were $5,1)08,000. Foreign Exchange NEW YORK, May 13.—Foreign exchange closed steady: Sterling, $4.85, up •4 c. Francs, 5.20 c, off .00 %e. Lire, 4.10 c, off .00 %c. Belgium. 5.05 e, off ,01c. Marks, 28.80 c. Holland, 40.l!)c. up Ole. Russia, 5.150. Hong Kong. 54% a. Shanghai. 74%c. Yokohama, 42.02 c.

C9RH iS LEADER IN GRAIN SLUMP Liquidation Causes Down- | ward Trend—Oats Firm. flv United Press CHICAGO, May 13.—Leading grains suffered sharp downward revisions in a day of drastic liquidating on the Chicago Board of Trade today. Oats had a firm undertone and sagged only fractionally. Corn was leader in the slump. Sellers held principal positions in the wheat pit. Bulls staged a losing battle against overwhelming hear crop and weather advices. Small scattered lots were reported for export. Freer country offerings and bearish crop advices created brisk profit selling in corn. Oats held a firm undertone due to improved local demand and export inquiries. Sharp declines in provisions reflected generally lower hogs market. Chicago Grain Table —May 13— WHEAT— Prer. Open. High. Low. Close. close. May 1.64 1.64 1.00% 1.61 1.62*4 July 1.51 % 1.51*4 1.47 >4 148% 1.51 Sept 1.43 >4 1.43*4 1.30% 1.41% 1.43 CORN— May 1.14% 1.15 1.13 1.13% 1.16% July 1.18 1.18% 1.13% 1.16 1.18 V* Sept, 1.15% 1.15% 1.13*4 1.13% 1.15% oArs — May. .45% .45% .45 .45 .46% July. .44% .45% .44% .44% .46% Sent. .44% .41% .44*4 .44% .44% LA RD May 15.43 15.43 15.30 15.30 15.53 RIBS— Mav pmotnal 17.00 17.35 May ITI% 1.23. 1.18 1.18 1.22 July 1.12% 1.18% 1.10% 1.10% 1.13% —. CHICAGO, May 13.—Cnrlot receipts •ore: Wheat. 55: com. 23; oats. 13; Phs, 10. CHICAGO May 13.—Primary receipts: Wheat. 533,000 against 490.000: corn. 263.000 against 407.000; oats. 378.000 against 435,000. Shipments: Wheat, 802.000 against 636.000; corn, 357.000 against 736,000; oats. 1.084'.000 against 741,000. TOLEDO. May 13.— I Wheat—Cash. $1.82 01.83. Corn—Cash No. 2. $1.21 —1.22: No. 3, $1.19(g) 1.20. Rye—Cash. $1.15, Oats —Cash No. 2, 51 © 53; No. 3. 500 50*4 c. Harley—Cash No. 2,06 c. Cloverseed—Cash, $10; Oct., $13.40; Deo., *l3 30. Timothy—Cash. $3: Sept . $3 50. Aisike—August, $12.50. @47o. Eggs—2B (g 30c. Hay—s2o. CHICAGO. May 13.—Wheat—No, 2 red, f1.68% . Corn—No. 2 yellow, $1,210 .21% : N<j. 3. $1.10(31.18% ; No. 4. $1.16 01.18% : No. 6. $1.12% 1.12*4 ; No. 3 Blixed, $1.12: No. 4. $1.11; No. 2 white, 51.16% ; No. 3. $1.12 0 1.13 >4 : 0, 81.09. Oats—No. 2 white, 43%04,’c; No. 4,44 c.; standards, 42*4043%. Timothy, $0.75 0 0.75. Clover, $lB 0 20. ST. LOUIS, May 13.—Corn—No. 2 white. 81.16: May. $1.10%; ,fuly. #1.15%: September. $1.13. Oats—No. 2 white, 40c: No. 3. 47 047%0; No. 4, 40% 0 47c. Wheat-May. SI .01 % ; July. $1.45%: September, 91.4001.41%; No 2 red, $1.8001.81; No. 3, 51.71.01.77. No. 4. SI.OO 01.08; No 6. 'll 50; No 1 hard. 91.65: No. 2. $1.63(3)1.65. ASK MORE PLAYGROUNDS I>wger Number to Be Recommended to Park Board. Recommendations of Edward E. Mcßride, head of the recreation department, will provide for a larger number of playgrounds for children during the coming summer months, he said today. Mcßride was to confer with city school officials today to obtain their Kooperation and said he would sublit list of places at meeting of board of park commissioners, Thursday. Shank to Auction Houses Mayor Lew Shank will be the official auctioneer of a number of brick and frame houses nuw occupying the site of the new Colored High School, Twelfth West Sts., to be sold at public auction Friday, May 29," at 10 a. m. Houses are located at 1122 to 1144 N. West St., 617 to 635 W. Twelfth St., and 617 to 629 Darnell Ave.

New York Stocks ( By Thomson A McKinnon)

—May 13 — Railroads— Prov. High. Low. 11:45 Close. Atchison ..119% .... 119% 119 Atl C L 102 160 102 103 B and O. . 70 % 76 76 % 76 % Can Pac. . . 142 % .... 142 % 142 % C and O. . . 0614 05% 05% C and N V/. 54% .... 54% 63% C R I and P 47 % .... 47 % 47 % Del and H. 148 148 148% Del and L ... . .... 135 Erie 30 ..... 30 20% Erie Ist pfd 38% Gt N pfd. .03 % .... 63 63 Leh Val... 71) 79 78 % L and N...110% 110% 112% Mis 1* pfd. 80% .... 70% 80 N Y C, .. . 117% 117 117% 117% NY.NHandH 32 32 31 % North I‘ao. 02 60% 61% 61% Nor and W. 120% 120% 120 Pere Marq . 60 % .... 66 % 60 Penn 44 43% 43% Reading . . 78 % .... 78 % 78 South Rail. 92 91% 01% 01% South Pac.102% .... 102% 102% St. Paul... 8 8% 7% 6% St. Paul pfd 13% 11 12% 10% StLand S W 49 % .... 48 % 49 % St Land S i' 81 % .... 80% 80% Un Pao ...137 137 137% Wabash ... 20% 26% 26% 20% Wabpfd... 66% 65% 60V* 65% Rubbers— Fish Rub. 17% 17 17% 16% Good Rub.. 54 % .... 54 % 54 % Goody pfd. 07% .... 97% 97 Kolly-Spr. . 19% .... 18% 19 US Hub.,. 47% 46% 40% 47% Equipment*— A C and F. 107% 107%- 106% A Btl F.. 60 ..... 49% 40% Amor Loco 120% Bald Loco. 112% .... 111% 111% Gen Elec. .278 275% 277% 275% Lima -oco. 03% .... 03% 63% Pred 3(1 C. ... 54 Pullman .137 ... 137 138 Ry Stl 5pr.126% .... 126% 127% West Elec.. 7i .... 71 71 Steels— Bethlehem. 39% 80% 39% 39% Colorado F 41 4040 % 40 % Crucible . . 60 % 69 (59 % 08 % Gulf States 81% 80% 81% 80% PRCA 139 % ... 30 % 30 % Rep IA 3 45% 41% 45% 43% Sloss-Bheff. ... ... ... 84 % U S Steel. 110% 115% 110 115% Vanadium.. 27 ... .27 27 Motors— Am Bosch.. 33 ... 32 32 Chandler M 36 ... 36 35% Dodge Bros 78 77% 77% 78% Geu Mot. 75% 76 75% 75% Mack Mot 156% 155% 156% 154% t M (B).. 80 88% 68% 87% k von Mot. 25% ... 25% 25% St xiebaker. 46 % 45 % 45 % 40

HLOVER VIEWS BUSINESS WITH HIGH OPTIMISM U. S. Only Nation Where Food, Clothing, Employment Are Plenty. Hy Herbert Hoover Editor, The Times: In compliance with your request for my views on the general outlook, I do not see any Important clouds on the business horizon. There never was and never will be a time when some part of this gigantic working machine can not rightly complain of something. Otherwise, it would be the millenlum. Moreover, It is only six years since we were engaged in the most destructive war of all history, and It takes a while to get over it all. No Suffering Yet today we are the only great nation where there Is no suffering from unemployment; where everybody has food, clothing, shelter, and most people have many comforts besides. For instance, something like three-quarters of all our families have an automobile, and that is a long distance from starvation. Moreover, ours Is the only country that is constantly reducing expenses, debt and taxation. I should expect our industries to produce more goods In 1925 than ever before; likewise we are building more homes, doing more construction generally, and our farmers, after three years of great difficulties, are at last having a turn for the better. Large Consumption The large consumption of goods Is at a very high rate, and the efficiency of our utilities, industries and business generally is steadily improving. A larger proportion of our children are going to school than ever before in history, and more of our youth is going to college. Our public health is improving steadily; working hours are becoming shorter; our people are having more time for recreation. There are a host of things that can be Improved and a lot of families that we would like to see with better and more certain incomes, better homes and all sorts of better things. We ar9 on the road to progress as a nation, but that Is no reason for relaxing effort. In view of all of this I am disposed to think we can be more cheerful than mournful during the coming summer.

Produce Markets

Fresh Eggs (Jobbing general run de* jyered In lnaianapous)—-Dozen, tons off. 26c. Poultry 1 buying prices) Hens 360; springers. 21c; roosters. 12c ducks, 2tic, geese. i4c. young turkeys,3o 0 32c old turkeys, 36c: squabs $4.60 ;*ozen. Butterlai —Local Jobbers repaying. 40047 c lb, for butterfat creamery butler (wholesale selling prices 1 49 0 61c Packing stock butter 19c CHICAGO, May 13. —Butter—Receipts. 12,185; creamery. 41 %c: standard. 40 %c; firsts. 38 0 39c: seconds. 32 037 c. Eggs -—Receipts, 19,947; ordinaries. 27 %c; firsts. 28%@29%0. Cheese—Twins. 22c; Americas, 23c. Poultry—Receipts, 3 cars: fowl#, 20c; ducks. 26c; geese. 13c; turkeys. 20o: roosters, 14 %c; broilers. 36 (<i 38c. Potatoes—Receipts. 334 cars; Wisconsin and Michigan round whites, $1.20 01.30; Minnesota round whites. sl,lO 0 OO; Florida Spalding Rose. No. 1. $0.50 ©0.60; No. 2. $3.8004: Alabama Triumphs, No. 1. 53.250 3.50: partly gradeod. $3 ©13.20; Louisiana Triumphs. $3 © 3.25. CLEVELAND. May 13.—Poultry—leghorns and light stock, 20 @27; roosters. 17 019 c: duoks, 28© 30c; broilers. 56000 c; light broilers. 430 45c. Butter—Extras in tubs, 45 % fa 46 %c; extra firsts, 43% 044%; firsts, 42043 c; packing stock 24 025 c. Eggs—Northern Ohio extras, 33c; extra firsts. 31c; Ohio firsts, 300 31c; western firsts, 30c. Potatoes—New York, $1.7001.75 per 160 pounds sack; Florida new rose No. 1, $0.5000.75 a barrel. NEW YORK, May 13.—Flour—Um settled and irregular. Pork—Quiet. Men# —s37. Lard—Steady; midwest spot, 10.15016.26 c. Sugar—Raw; firmer: centrifugal, 90 test. 4 40c; refined, firmer; granulated, 5.05 ©5.80c. Coffee—Rto 7 spot. 17% 017% c; Santos No. 4, 210 21 %c. Tallow—Strong; special to extra. 8 % ©B%c. Hay—Dull; No. 1. $1,250 1.30: No. 3, $101.10; clover. 95c0 $1.30. Dressed poultry—Steady turkeys. 30045 c: chickens. 27044 c; fowls. 16 0 35c; ducks. 18020 c: ducks. Long Island. 25e; capon#. 35055 c. Live poultry— Easy; geese. lO015o; ducks, 14020 c: fowls, 28 030 c; turkeys, 16 0 30ft; roosters, 10c: broilers. 36© 50c. Cheese— Firm; state whole milk, common to specials. 19%@20%c; young Americas. 25% 020%c. Butter—Firm: receipts. 10,253; creamery extras. 44e; special market. 44% @4sc. Eggs—Strong; receipts. 41,004; nearby white fancy. 38 0 39c: nearby state whites. 32©37c; fresh firsts. 31©34%e: PaeiH'- coasts. 330 40c; western whites, 30 037 c; nearby browns, 36 0 38c.

12:30 Prev. „ High. Low. P.M. Close Stromberp.. 71 69% 71 71 Stewart-W.. 69% ... 69% 69 Timken . . . 43 % 42 % 43 43 tfllys-Over. 22% 22 22% 22% Minings— Dome M ... ... 13% Gt Nor Ore 29 % ... 29 % 20 % Int Nickel. 29% 20 20% 29 Tex U& 9 106% 105% 100% 100 > Coppers— Am Smelt.. 04% 03% 04% 93% Anaconda .30% 36 30% 30% Inspiration .. , ... ... 23 Konneeott.. 40% ... 49% 49 Utah Cop.. 86 ... 86 U 8 Smelt. 35 34% 35 34% Oils—• Cal Petrol. 30% 29% .30 29% Cosden ... 29% 28% 29% 28% Houston Oil 04 ... 01 63 % Mariand OH 43 42% 42% 42% P-A Pete... 77% ... 77 77 P-A P (B) 78% 78 78 77% Pacific OH.. 50 58% 68% 57% Phillis Pete 43% 41% 42 41 % Pure 0i1... 28% 28% 28% 28% Royal Dut, 50% 60% 50% 60% S Oil of C.. 50% 60% 69% 68% 9 011 of NJ 44% 44% 44% 44% Sinclair .. 20 19% 20 19% Texas Cos.. 45% 46 45% 45 Tr Coni Oil 5% 6% 5% 6% Industrials— Allied Chem 91% 89’A 90% 89% AD Rumely 18% 17% 18% 17% AUis-Chal. . 70 % ... 79 % 80 Amer Can .180 187% 187 % 188 AHA Lpf 77% ... T 2% 71% Amer lee .198% 107% 108% 107% Amer Wool 38 ... 38 38 Cent Loath. 20% 10% 19% 18% Coca Cola .198% ... 108 198 Congoletiin . 20% 26% 26% 26% Cont Can.. 08% 66% 00% 66 % Davis Cl’.em 34 % 33 % 34 34 F Players 101 100% 101 100% Gen Asphalt 53 62% 53 62% Int Paper.. 58% 5% 68% stf Int Harv.... ... ... 107 May Stores . , ~ . ... , 100 Mont Ward 53% 62% 52% 6.3 Owen Bottle . . . . ... 46 % Radio .... 55 53% 54% 64 Sears-Roeb 168% ... 168% 168% U 9C 1 P 140 ~ . 148 % 149 % U9ln A1 88% $7 % 88% 87% Woolworth 124% 124% 124% 124 Utilities — A T and T 138% 138% 138% 138% Con Gas .. 86 83% 85 83% Col Gas ..64% 63% 04% 03% People’s O 116 ... 110 116 Wn Union. .. ... ... 130% Shipping— Am Int Cpn 35 34 % 35 A 9 and C 10% ... 10% 10% Atlnn Gulf . . ... ... 45 % I M M pfd 40% ... 40%'' 41% Foods— Am Sugar. 02% 61 % 02% 61% Ain t Sug 38% ... 38% 40 Austin Nreh 25% 25% 26% 24% Com Prod. 35% 36 35% 34% Cu Cn 9u pf 51 % 61 % 51 % 61 Cu-Am Sug 28 % ... 28 % 28 % Punta Alex 41% 40% 41% 40 Wilson & Cos 6% ... 0% 0% Tobaeeos — Am-Bumatra 8 % ... 8 % 8 % Am Tub . . 03 % 92 % 03 93 % Gen Cigar, 90% ... 90% 00% Tob Prod b 75% ... 76% 75% IT C Stores 69 07% 69 68

Indianapolis Stocks

Rtorks Btd. Ask. Amt-rloan Central Life 290 ... Am CreoßOting Cos pfd 90 . Advance Rumely pld 56 67 Ailvani-t! Rumely Cos com .. 16% 10 Belt R R cm . . . 73 Belt R R pfd 54 Central Ind Power Cos pfd.. 89% ... Century Bldg pld 09 ... Citie* Servcie Cos com .... .. ... Cities Service Cos pfd , . ... Citizens Go* Cos com 33% ... Citizen* Gas Cos pfd ....105 ... Indiana Hotel com 100 ... Indiana Hotel Did 100 ... Indiana Pipe Line Cos 00 73 Imlpls Abat pfd . , ... Indnls Gas 64% ... Indpls A Northw pfd ..... .. 27 Indpls A Southeastern pfa. .. 25 Imlpls St Railway 4S % JnterHtate Pub Srr prior lien 07% 101 Mer Pub Util Cos pfd ... 03% ... Public Sav In* Cos 13 ... Ranh Fertilizer pfd 48 ... Standard Oil of Ind 05 ... Sterling Flrp Ins Cos 11% ... T H I & E com 1 % 4 T H 1 A E pfd 8 13 T H Trac and Lt Cq pfil. 91 95 Union Trac of Ind Ist pfd. . . . Union Trac of Ind com... .. Union Trac of Ind 2d pfa .. 2 Van Camp Pkg Cos pfd ... Van Carno Prod Ist pfd.. .. jOO Van Camp Prod 2d pfd. . . . 100 Vandalia Coal Cos com ... V and alia Coal Cos pfd .... ... Wabash Rail Cos com 26% ... Wabash Rail Cos pfd 05 07 Bank Stocks Aetna Trust and Sav Cos.. 108 ... Bankers Trust Cos 125 ... City Trust Cos 112% ... Continental National Bank. 106 ... Former* Trust Cos 2io ... Fidelity Trust Cos 164 ... Fletcher Amer Nat Bank ..149 ... Fletcher Sav and Tr Cos. . .219 ... Indiana Nat Bank 252 203 Indiana Trust Cos . . 217 227 Livestock Exchange Bank... 100 ... Marion County State Bank. 150 ... Merchants National Hank . . 303 Peoples Stale Bank .TTT...167 ... Security Trust Cos ........200 ... State Sav and Trust Cos 90 Union Tru*t Cos 340 300 Washington Bank and Tr Cos .. ... United Lab Bank and Tr Cos. . „ 80 Bond* felt R R and Stock Yd* 4* 87% ... road Hippie 5s 00 70 Central Ind Gas 6* ... Central Ind Power Cos 05.,., . . ... Citizens St Ry 5s 82 83 Citizens Gns os 96 07 Indiana Coke and Ga* 6*. . 04 00 Indiana Hotel 6s 05 ... Indiana Northern 6* % . w. Ind Ry and Light 5* 01 ... Indiana Service Corp 5s ... Indiana Union Trac 6s ... Indpls Abattoir Cos 7%5.. ... Indn'.s Col A So 0s 05% 09 Imlpls U*e os 00 0M Indpls Llg.lt and Heat 55.. 08% ... Imlpls A Martinsville 6*.. .. 50 Indpls Northern 5s 25 27 Indpls A Northw ss. j.... .. 43 Indpls A 3 E 5s 18 Indpls Shelby A 8 E os. .. ~ l 8 Indpls St R.v 4s 50 63 Indpls Trac and Term 6s .. 01 % 93 Indpls Union Ry 5s 08 ... Indpls Union Ry 4%s .... 08 ... Indpls Water Wks secur. . . 04 99 Indpls Water 5%s ........102 103 Indpls Water 4%s 92% 05 Int Pub Herv 5* 99 lot T II I A E 6s . 52 69 T H Tr and Lt 100 Union Trac of Ind 20 25 Liberty Bonds First 3%s 100.00 101.00 First 4% s 102.00 102 10 Second 4% 101.20 101.20 Third 4% s 101.70 101 KH Fourth 4Vi s 102.30 102.40 U S Treasury 4%s 106.00 100.50 U S Treasury 4s 101.72 101.80 Sale* 10 Shares T H Tj and L pfd at 05 JARDINE CALLS PARLEY Will Determine Next Step in Wheat Trade Probe. ; Bu United Press WASHINGTON. May 13.—Secretary of Agriculture Jardine, today called bureau chiefs into conference to determine the next step in the department’s Investigation into wheat market specuation. The .nvestlgation was started early in March to discover if Federal laws had been transgressed by market manipulations to cause the unusual drop in the price of wheat at that time. KNIGHTS ELECT OFFICERS New Orleans Man to Head Catholic Order for Year. Dr. Felix Gaudln of New Oris iI in was re-elected supreme president of the Catholic Knights of America, which held the closing meeting of its convention at the Spink-Arms today. New York was for the 1928 convention. Three Held In Raid Police said they found liquor at the home of John McCay, alias Obert Cox, 23, colored. 1004 Cotton St., McCay, and George Davis, 51, of 224 Minerva Bt., and Albert Byard, 40, of 220 N. Blackford St., found there, were charged with blind tiger.

THE IN DJLAJN AEOLUS TIMES

P IN HOGS

Market Slumps 35 Cents — Run of 10,000 Porkers. Hog Prices Day by Day May Bulk. Top. Receipts. 4. 11 85® 11.95 12.00 3.000 5. 11.00® 12 00 13.00 6,000 6. 12.15 12 15 4.000 7. 12.40 12.50 4,000 8. 12.76 13.00 5.500 5. 1800 13.15 4.000 11. 13.10® 18.20 13 20 4.000 12. 13.10® 13.30 13.30 9,000 13. 12.05 13.00 10.000 Ten thousand hogs at the local stockyards forced a drop of 35 cents in the marKet; 5,000 hogs were\unsold at the close with the holdover from Tuesday at 974. The drop forced prices below the sl3 market which has prevailed for the last two days. Heavy porkers were selling at $12.95, lights at $ 12.7512.95 and mediums at $12.95. Most of the business was transacted at $12.95. The top price was sl3. The drop also effected sows and pigs, but stags held the’same. The cattlo market was forced lower by a heavy run of receipts estimated at 1,900. The drop was only effective in medium and fair grade stock. Choice steers continued to range from [email protected]. There was lack of demand In the market, together with few shlppin gorders. Cows and heifers sold at a range of s6<Lilo. All other grades of stock held steady from their previous close. , Another slump In n If prices greeted traders with the market dropping 59 cents below Its previous close. Choice veals were selling at $10.50, with the bulk of business transacted at s7<yTo. A few choice veals Bold as high as sll. Medium calves were quoted at s7#B and common, thin calves at SSZ6. —Hog*— Hoaevle# $12.95 Medium* 12.95 I.letit hog* 12 75® 12 95 Smooth hog* 12.25 ft 12.50 Rough *ow 11.75 ft 12 25 Pie- 11.00 fl 13.00 Stag* B.oo® 11.00 —Cattle— Prim* corn-fed *teer. 1.300 lb* $lO 75 11.25 Good to choice. 1.300 lb*. . . 0.00(310.25 Good to eholee. 1,150 to 1.200 lbs 10.00® 11 00 Good to choice. 1.000 to 1.100 lbs 10.50 ft 11.00 Prime yearling* 10.50® 11.60 Gond to choice cow* 500'S 8.75 Cutter* 3.25 m 4.25 Canuer* 2 25® 275 Good to choice heifer* .... 0.50® 11.00 Butcher lull!* 4 00ft 4.75 Bologna bulls 5.00® 0.00 —t-ilve*— Choice veal* $10.50 Good veal* 9 50® 10.00 Medium calve* 7." Oft 8 (Hi Common calve* s.oOfti 0,00 Heavy calve* 600® 8.0" —Sheep and Umh*— Spring lamb* $17.00 down Wool lamb* 13 OOft 1500 Clipped lamb* 8 Ooja 900 Wool sheep 7.50® 8.60 Clipped sheep 3.00® 5.00 Other Live Stock CHICAGO. May 13.—Cattle —ReeelpU. 10.000. market, led slcer* uneven, yearlings and handyweight* about steady: weighty kinds lo aloe elf part load yearling*. sll 40, handywelgh * on long yearling order*. $1135; sever .1 load* yearling*. sll ft 11.15: few heavie* sold; sheKtook strong; bulla. 10ft 150 up; vetlors steady, 25e off; light calve* showing decline- mostly $9.20 ® 10.50; t> pa*-k< r choice handyweight*, sll. bheep—Reee.pt.*, 20.000; market glow fat lamb* opening steady, 2*><- off eholee 80-pound cllptH-r*. $13.05; desirable 90 to 96-pound weights $12.50® 13: weighty throw outs. $11.25® 11.50: desirable 84 to 87-pound wooled lamb*. $15.50® 15.60: few native springer*. $16.50® 16: nothing done on California springer*: fat sheep strong 250 up: choice 113-pound California shorn ewe*. $8.85. Hogs—Reeolpt*. 21,000: market glow. 15 ft 26c off light lights and •laughter pig*. 25ft 50, off; top. sl3 early: tiulk. $12.00 ft 12.80 : heavyweight* $12.00 @ 12.80: medluniwetghts, $12.00® 12.85: lightweight* $12.40ft 12 85: light lights. $11.75 ft. 12.05; packing sow*, smooth, $11.35® i.75; {lacking sow*, rough, sll ft 11.3.5: slaughter pigs, $11.25 <212 2d. EAST BUFFALO. May 13—Cattle—Receipt*. 160: market active, stead}-; shipping steers. $8.50® 10.75; butcher grade*. 58 ft 9; cows. $2.25 @7.50. Calve* Receipt*. 300: market active, steady; cull to choice, $3 50 4(12. Sheep and lamb*—Receipts. 2.200; market active, jamb* 25c higher: choice lambs, sl3® 13.75; cull to fair, $8 ft 12: yearlings. sß® 10: sbeep. S3 @9, Hog*—Receipts. 2.400: market *iow. 19® 20c lower: Yorker-. $13.75: Pigs. $13.75: mixed sl3 75: heavies. $13.60 ft: 13.75; roughs. sll @11.75; stags, $0 @ 8.25. PITTSBURGH. May 13.—Cattle—Receipts. light; market steady: choice. $10.5 @10.75; good, $9.754110.25; fair. sß® 8 76; veal calves. $11.60® 12. Sheep and lamb*—Receipt*. 7 doubledeckers; market lower p-lme weathers. $0.25 ft 9.3.5: good, $8,504(9; leir mixed. $0.5009; fair mixed. s()..soft 7.50: lambs. $15 ft 19 Hogs —Receipts, 15 doubledccker*; market lower: prime heavy, $13.25® 13.40; mediums. sl3 00ft 13.05; heavy Yorkers. $13.00 ft 13.05: light Yorker*. $1,3 3548 13.50; pigs. sl3,2aft 13.35; rough*. $lO'J 11; stags ss@o. EAST ST. LOUIS. May 13. —Cattle rcciflpts. 3,200; market steady: native steers, $8.50@0 75: yearling heifers. $8.25 @ 0.75: cow*. $5.75 44 7; caiuicrs and cutters. $2.60® 4; calve*. $9.75® 10. Hogs— Receipts. 15.000- market 25ft 50c lower; heavie*. $12.40 @ 12.65; mediums. $12.50 4(12.75; light*. $12.40 @ 12.75; light light-. $11.76® 12.05; packing sows. $10.25 @11: pig*. sll ft 12.25; bulk. $12.50® 12.75 Sheen—Re.-eipt*. 000: market steady- ewes. s(i@B; canners and cutter*. $1.50@4; wooled lamb*, $12.75® 13.75. CINCINNATI. May 13—Cattle Receipts. 400: market steady; shipping steep*. good to choice. $9.50 ft 1 10.60. Calves—Market steady; good to choice. slo® 11. Heir-—Receipts. 2.000; market 25c lower: good to choice packers and nitchem. $13.25. Sheoii —Kcivipts. 400; market steady; good to choice. [email protected]. Lambs—Market steady; good to choice, sl7 ft 18. CLEVELAND. May 13.—Hogg—Receipt*. 2.500; market. 25"i50e lower: Yorkers. $13.25 mixed. $13.26: mediums. $13.25; piers. sl3: roughs. $10.75@11; stags. $0.75 @7. Cattle —Receipt*. 200; market, steady and unchanged. Sheep and lambs—Receipts. 2.000; mar let. weak; top, $13.25. Calve*—Receipt*. 600; market. slow; ;op, $11.60. TOLEDO. May 13.—Hog*—Receipt*. 1,100; market. 2oe lower; heavies, sl2 85 @l3; medium*. $13.10® 13.15; Yorker*. $13.20 @13.25; good pigs. sl3. Calves— Market, steady. Sheep and lambe-—Mar-ket. steady. DEFICIT GROWS LARGER Ofy Street Car Company Reports Decreased Earnings. Total deficit of the Indianapolis Street Railway Company’s special depreciation fund was increased from $17,655.01 to $30,856.02 because of decreased earnings, a report for the month of April, filed with the public service commission today, The deficit comes in the face of fare increases made effective last year. Total car earnings for April, 1925, amounted to $419,782.58, as compared with $412,1853 for the same month in 1024. HEALTH BOARD ELECTS Dr. John H. Green Chosen President of State Body. Dr. John H. Green. North Vernon, Ind., was elected president, and Dr. T. Victor Keene, Indianapolis, vice president of the State board of health at a luncheon today at the Lincoln. The board will meet Monday to consider the case of Dr. James G. Royse. formerly assistant secretary, who was dismissed by Dr. William M. King, secretary.

FURNITURE MEN FROM INDIANA FACE U. S. JURY Bookcase Manufacturers Testify in Investigation of Alleged Trust. Bu United Press CHICAGO, May 13.—800 k case manufacturers testified today before the Federal grand Jury which is Investigate the furniture industry to determin , whether a "furniture trust’’ exists for the purpose of maintaining alleged high prices. Refrigerator manufacturers and upholsterers have already concluded their testimony. Chair-makers probably will follow the case manufacturers. A list of names of witnesses including seventeen Indiana men, was secured today for the flret time since the Investigation started. The Indiana men: H. C. Canfired. Batesville: H. Schergans, Tell City; \V. F. Helkstener, Tell City; W. C. Showers, Bloomingtop; O. Klamer, Evansville; Alfred Lauter, Indianapolis; Sam S. Shirk, Brookfield; John Fuller, Indianapolis; W. A. Paten, Bluffton; George A. Beck, Batesville; H. J.* Rusche, Evansville; G. E. Richman, Evansville; A. W. Schoettlin, and I. Leo Endres, Rushville; Garnett R. Fleming. Shelbyville; I. B. Hamilton, Shelbyville, and Robert L. Dawson, Evansville. HEARING HELD ON BIG SEWER 100 Remonstrances Filed Against Project. More than one remonstrances, principally from property owners outside corporation limits of Indianapolis were received by board of assessors against Bean Creek and Pleasant Run Interceptor sewer In public hearing today at city hall. Assessors were to continue hearings this afternoon on petitions of property owners who have stated their assessments are higher than the benefits they will receive. The sewer's cost is $330,000 and runs from State Ave. to White River. Approximately 14,500 owners of property In 10,000 acres tract of land to be drained directly or indirectly by the interceptor were assessed. Majority of remonstrarfces were filed by owners of land In suburban districts, as far from city as Lawrence, who were assessed, for future benefits expected to accrue from outside connections to the Interceptor.

NEW RUM SHIP ARRIVES IN ROW Guards Disappointed When French Boat Anchors. B United Press CLIFTON. N. Y., May 13.—latest developments in the war on Rum Row today indicated the dry navy might have to maintain its blockade for another month. Just as coast guardsmen were getting ready to put the canvas covers hack on the machine guns and one pounders along came a French steamer. This addition to the "enemy’s” armada, which evidently sailed before news of the government blockade was received, is one of the biggest boats ever seen on the Row. They said she undoubtedly carried a tremendous cargo of liquor. Her food and water supply would enable her to withstand the government’s siege at least thirty days. Wireless reports from the federal fleet also told of the return to rum row of the German steamer which retreated a few days ago In the face of the dry navy’s offense. FIRST BUS CERTIFICATE Line From Versailles to Greensburg Licensed By Board. The public service commission today issued its first certificate of convenience and necessity, under provisions of the Moorhead law placing regulation of motor .busses and trucks with the State. Certificate was issued to Will A. Brown, Osgood, to operate a singlebus line between Versailles and Greensburg. Certificates later were Issued to Franz W. Frurip of Lagrange to operate two lines, one between Ft. Wayne and the Michigan State line and the other between Lagrange and Elkhart. Births Girls Wayne and Maria Strait. 1830 Barth. William and Alloa Dooley. 2215 Ashland. Harry and Nettle McKee. 3737 Prospect. Thomas and Marie Hines. 2009 E. For-ty-Sixth Alfred and Nora Thomeycroft. 1825 Draper. Isaac and Rosie Coffman, 268 Richland. Richard and Susanna Love. 2445 N. Gale. William and Eulalia Parr. 4915 W. Vermont. I .eon and Elisabeth McFall. Methodist Hospital. Lacy and Ida Miller, 346 E. Morris. Car* and Lillian Keyler, 900 N. Riley. Francis and Aurlia Ehrlich. 2141 S. Delaware. WUliam and Jessie O’NeUl, 2430 Brookside. Harold and Mabel Jones. 8208 W. Washington. Charles and Gertruda Ooehran. 1054 N. Tremont. Edward and Mary Callahan. 433 Fulton. Boys Joseph and Elizabeth Lawlor. 1901 Union. George and Lulu Burton. 307 E. lowa. Wtlliam and Flora Poultt, 208 W. FortyThlrd. Deaths Julia F. Sturm. 80, 1122 N. Temple, cerebral hemorrhage. Ralph H. Edwards. 33. 305 N. Now Jersey. cardiac paralysis. John .Hoskins. 43. city hospital, peritonitis. WUliam T. Griffith, 08. Central Indiana Hospital, chronic myocarditis. T.ester Vernon Watkins, 44. 1440 Richland. appendicitis. Rachel Homer Weiner, 79. 1039 Harlan, carcinoma. Sarah E. Mickloy. 82. 5123 Maple Lane, cerebral hemorrhage. Absolum C. Wilcox. 88, city hospital, chronic myocarditis. George Zike, 67. Long Hospital, acute nephritis. W

TRIO’S CASE CONTINUED Husband, Two Wives Are Charged With Assault and Battery. Case of Robert Hallam, 1033 N. Dearborn St., and his two wives, Pearl, 22, present, and Mrs. May Hallam, 29, of 1033 N. Dearborn St., past, all charged with assault and battery, was continued until June 13 in city court today. According to Trafficman McCormick, who arrrested the trio Tuesday, the ex-wlfe accuses the present mate of taking Hallam away from her and then marrying him.

60 WHOLESALERS MAKE JAUNT TO WABASH HOME Indianapolis Courtesy Party Leaves on Special Train. Sixty Indianapolis wholesalers went to Crawfordsville today on a T. H.. I. & E. special train to participate in the second spring courtesy trip of the year under auspices of wholesale trade division of Chamber of Commerce. 8. L. Bassett,- chairman courtesy trip committee, made arrangements for the trip. Following parade of downtown district the wholesalers called on Crawfordsville retailers. The Newsboys Band headed the parade. G. Barrett Morley, president Kei-fer-Stewart Company, will be toastmaster at a dinner for Crawfordsville merchants at the Masonic Tern--1 pie. Speakers will be Dick Miller. Charles A. Bookwaltor and Harry ■S. Noel. Delegation will return tonight. Firms represented: Hugh J. Baker ft Cos . Bookwalter-Bail- ! Greathouse Printing Company. A. Burdsal ! Company, August usenmann A Sons Ine.. I Carman A Fryer Central Rubber and Sup--1 ply Company. Central Supply Company, i Century Paper Company. City Trust Company. Crescent .Paper Company. CrowderCooper Shoe Company. R. G. Dun A Cos.. The Fishbaek Company. The Gibson Company. Hibtx-p-Hollweg A Cos.. Indiana Bell Telephone Company. Indiana Paper Company. Indianapolis Advertising Club. Chamber of Commerce. Indianapolis Electric Supply Company, Indianapolis Paint and Color Company. Jackson Supply Company. Kiefer Stev, art Company. Kingan A Cos., C. IV. Letier Hat Company. C. P. Lesh Paper Company. Eli Lilly A Cos. Thomas Madden Son A Cos.. Martin Truck Company, Mooney-Mueller-Ward Company. Mutual China Company M. O'Connor & Cos.. Paper Package Company. Standard Metal Company. Stewart-arey Glass Company Tanner A o'.. 11. S. Rubber Cos.. Van C;unn Hardware and Iron Company. Varney Electrical Supply Conipnny. Western Electric CranBany and Allen A. Wilkinson Lumber iinipiny.

STEPHENSON DEEDS HOME (Continued From Page 1)

property, pending the outcome of a support suit for $17,000 were expected to be taken today by attorneys for Mrs. Brehm, who says she is Stephenson’s divorced wife. It was believed that Floyd Matties, attorney for Mrs. Brehm would move for Judgement before James A. Leathers, Superior Court One, ngalnst the Fidelity and Deposit Company. The answer of the company, fll- 1 Tuesday, was a denial that the company now holds any property belonging to Stephenson. It had been believed generally that the company held securities to idemnify it for going bonds aggregating $35,000 for Stephenson, Gentry and Klinck in cases prior to the return of the murder indictment. Argument on the motion to quash the murder indictment will be heard by Judge James A. Collins in Criminal Court Friday. It is believed the defense, beaten at every turn so far in the case, will make determined efforts to win this battle. It is believed the contention will be that the charges of the indictment, which admit that Miss Oberholtzer died as the result of poison, self-administered, are not sufficient to Justify a charge of murder against the defendants.

We have a surplus of 10,000 Barred Ro c k chicks. They go at $lO per hundred this week. Also brooder chicks. BOYER’S HATCHERY Telephone Thorntown 2622 Indianapolis Telephone, MAIn 2464 (Southern Seed Company)

Statement of Condition of the State Mutual Life Assurance Company Worcester. Mass. 340 Main St. On the 31st day of December. 1924., B. H. WRIGHT President. D. W. CARTER. Secretary. Mutual company. NET ASSETS OF COMPANY. Cash In banks (on Interest and not on Interest) ... $ 1.647,770.91 Real estate unincumbered. . 2.600.000.00 Bonds and stocks owned (Investment value) .... 38,626.390.27 Mortgage loans on real estate (free from any prior lncumbranoo) 31.486.930.07 Accrued securities (Interest and rents, etc.) 1,424.033.05 Policy and promtum loan# and notes 13.669.200 63 Corporation loans 88.185.73 Collateral loans . . . 25,000.00 Premiums and accounts due and in process of colleetion 2,185,268.^5 Total net assets $91,491,785.30 LIABILITIES Reserve or amount neoesf ary to reinsure outstandng risks $78,000,895.14 Losses unadjusted and In BtlTH*and*aceountß unpaid. . 35,50§.88 Other liabilities of the company 6.929.202.61 Total liabilities $85,241,775.75 Surplus ........ 6.250.009.55 Total $91,491,786.30 State of Indiana. Office of Commissioner of Insurance. I. the unddbsigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition of the above mentioned Company on the 3lt day of December. 1924, as shown by the original statement, and that the said original statement is now on file in this office. In testimony whereof. I hereunto subscribe my name and affix my official seal (SEAL] this 9th day of April. 1925. T. S. McMURRAY JR.. Commissioner.

REAL ESTATE BOARD HEARS OF ELEVATION Recommendations Are Also Made for Other Improvements on South Side. Necessity for rapid advancement of track elevation plans as a vital step In development of south side was reported today at meeting of Indianapolis Real Estate Board at the Chamber of Commerce. Recommendations also provides for street improvements, golf links and public parks, in that part of Indianapolis. Suggestions were embodied In addresses hy E. K. McKinney and Frank L. Moore and In a paper by Edward J. Sexton, which was read

We Never DID And We Never WILL Sell any but the best tires at the lowest prices. That’s why we recommend EKIE CORDS, they are the best tire made—they are backed hy a 12,000-mile written guarantee—yet our prices are no more than you would pay for ordinary tires elsewhere. Look them over. ERIE CORDS B Guaranteed for 12,000 Miles—The Best _. Tire Made—and Look at These Prices Oualitv SoiSif truck,3ox3% Balloon Tires SJ' a S111:!',!! $6.00 Straight Side and Clincher 33x4 *17.60 29x4.40 811.00 34x4 J [17.80 First 39xiv25 Q ualit y 23x495 :::::::::: *ir 30x3*4 £ gS* :::::::::cord 35x5.77 821.00 J,>to 827.85 32x6.20 825.20 3>0.^0 First Quality Guaranteed Cord Tires 30x3% 86.05 32x4 812.00 132x4% 816.50 32x3% 810.60; 33x4 *12.25 33x4% *17.50 31x4 811.20 1 84x4 812.50 1 84x4% 817.60 TUBE . TUBE GIVEN Wlth Every Cord rtre GIVEN CONSU ME R I TI RE CO . 249 N. Delaware St. Lincoln 6063 FREE DELIVERY—FREE MOUNTING—PARCEL POST PREPAID

Statement of Condition of the The Reinsurance Life Company of America Pea Moines. lowa. Hubbell Building. On the 31st day of December. 1924. R. M. MALPAS. President. E. L. MARSHALL. Secretary. Amount of capital paid up. . $ 500,000.00 NET ASSETS OF COMPANY Cash In banka (on Interest _ „ and not on Interest) .... $ 228.075.32 Bonds and stocks owned (market value) 89.971.91 Mortgage loans on real estate (free from any prior incumbrance) 1,140,501.95 Accrued securities. Interest and rents, etc.) 49,783.11 Premiums and accounts due and In process of collection 34.369.74 Total net assets $1,542,702.03 LIABILITIES. Reserve or amount necessary to reinsure outstanding risks $ 447.390 89 Losses adjusted and not due 16,204.70 Losses unadjusted and In suspense 66,050.44 Bills and accounts unpaid. . . 22.850.00 Total liabilities $ 542.702.03 Capital 500.000.00 Surplus 500.000.00 Total $1,642,702.03 State of Indian, office of Commissioner of Insurance. I, the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition of the above mentioned Company on the 31st day of December. 1924 as shown by tho original statement, and that the said original etatemenet is now on file In this office. In testimony whereof. I hereunto subscribe my name and affix my official seal [SEAL] this 9th day of April. 1925. T. 8. McMURRAY JR„ Commissioner. Statement of Condition of the Detroit Casualty Company Detroit, Michigan 2901 Woodward Ave. On the 31st day of December. 1924 V. D. CLIFF. President. H. A. CLIFF. Secretary. Assessment Company NET ASSETS OF COMPANY Cash In banks (on Interest and not on Interest) $ 6.825.56 Bonds and stocks owned (market value) 16,205.00 Aocrued securities (interest and rente, eta.) .... .. ...*•* 293.54 Total net asset* . $22.324 10 LIABILITIES Assessments paid In advance. .$ 1,33.’ A0 Losses unadjusted and In suspense 8.675.00 Bills and accounts unpaid .... 275 00 Other liabilities of the company .... ... 450.00 Total liabilities $10,785.50 State of Indiana, Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above ts a correot copy of the Statement of the Condition of the above mentioned Company on the 31st day of December. 1924. as shown by the original statement, and that the said original statement Is now on file In this office. In testimony whereof. 1 hereunto subscribe my name and affix ray official seal I SEAL] this 9th day of April. 1925. T. S. MeMPmr

to the hoard in Sexton's absence. Sexton’s paper emphasized objections of south side residents to closing of eight streets, as now provided in elevation plans. Better and faster street car service, extension of Prospect St. line to Norwood St.; removel of Shelby St. roundhouse to Beech Grove, removal of esplanades in Fletcher Ave. from Virginia Ave. to Shelby St., and re-equlpping Finch Paifk- at State and Fletcher Aves., were other suggestions of Sexton. Construction of a municipal golf links on a tract of vacant land of about eighty acres on Keystone Ave., from Southern to Troy Aves., was recommended in address of McKinney. Store Windows Smashed Bricks were thrown through the windows of neighboring places ir> Massachusetts Ave. Tuesday night, but entrance was not gained, according to reports to police today. D. R. Trotter, proprietor of a butcher shop at 317 Massachusetts Ave., and T. E. Gibson, 391 Massachusetts Ave., made similar reports.

Statement of Condition of the Southland Life Insurance Company Dallas. Texas. 1416 .Commerce St. On the 31st. day of December. 1924. HARRY L. SEAY, President. P. N. THEVENET, Secretary. Amount of capital paid up. 8 400,000.00 NET ASSETS OF COMPANY Cash In banks (on Interest and not on interest) $ 601.281.59 Real estate unincumbered. , 1,494,240.71 Bonds and stocks owned (market value) 3,843.72 Mortgage loans on real estate (free from any prior Incumbrance) 4,481,817.41 Accrued securities (interest and rents, etc.) 129,107.38 Policy loans and premium notes 2,006,006.32 Collateral loans 10.200.00 Premiums and accounts due and In process of collection 219.542.62 Accounts otherwise secured. 10.878.87 Total net assots $9,610,024.62 LIABILITIES, Reserve or amount necessary to reinsure outstanding risks 8,372,920.87 Losses adjusted and not due 155.968.87 Losses unadjusted and in suspense 89.125.00 Bills and accounts unpaid . 10,007.6n Other liabilities of the company . 348,163.22 Total llabilltle Capital ■ 400.000.00 Surplus 289,259.21 Total .$0,010,024.62 State of Indiana, Office of Commissioner of Insurance. I, the undersigned, Commissioner of In surance of Indiana, hereby certify Hint the above is a correct copy of the Statement of the Condition of the nbove men tionod Company on tho 31st day of De cember. 1924 as shown by the original statement, and that the said original statement Is new on file in this offio. In testimony whereof J hereunto sub scribe my name and affix m.v official seal I SEAL | this 9th day of April. 1925. T. s. McMURRAY JR.. Commissioner. State of Condition of Chicago National Life Insurance Cos. Chicago. Illinois 202 So. State On the 31*t day of December, 1934 YOREN T. CORYDON. President. F. FRANK O. CONNELL. Secretary. Amount of capital paid up.. .*155.090.00 NET ASSETS OF COMPANY Cash In banks (on interest and not on Interest) $ 10.3*4.13 Bonds and stocks owned (mar- „ ket value) 10.420.00 Mortgage loans on real estate (free from any prior inoumbrances) 463.100.00 Accrued securities (Interest and rents, etc.) 20.368.33 Policy loans 21.631.83 Other assets ; . 4 445 70 Premium# and accounts due and in process of colleou°n 82.403.07 Total net assets $618,651.50 LIABILITIES Reserve or amount necessary to reinsure outstanding T „ r,kß : $435,630 00 Losses due and unpaid. ..... 6 O<V) fid Bills and accounts unpaid,., 6 363 5" Other liabilities of the com- ’ W 7,640.83 Total llabilltle $455,673 85 Capital 156 600.00 Surplus Total ...j $618,051.50 Amount retained by company.. $5 000 00 State of Indiana. Office of Commiaaioiiar' of Insurance. I. the Vinderslpied. Commissioner of In surance jbt Indiana, hereby certify ths; the above Is a correct copy of the atate ment o.f the condition of tnea hove men tlornxi 1 company on the 31st day of Decemberv. 1924. a# shown by the ortglnaai statement. and that the said original state ment la now on file In this office. In tjestlmony whereof, f hereunto sub fcrlbe.n.v name and affix my official sea' (SEalj this 9th day of April. 1921 T. 3. McMURRAY. PR.. ConuoUaioacr.

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