Indianapolis Times, Volume 38, Number 61, Indianapolis, Marion County, 22 July 1926 — Page 11

JULY 22, 1926

HOGS ARE FLAT 25 CENTS LOWER

Stocks suffer HEAVY SETBACK ON WALL STREET * _ Early Recovery Checked at Noon by Wave of Selling. Average Stock Prices Avprapa of twenty industrial stocks for Thursday was 156.41, off .32. Averasro of twenty rails. M3.1)0, off .61. Average of forty bonds. 94.95. off .10. Bu United Press NEW YORK, July 22.—Stocks suffered further drastic declines In today's late trading after scoring some improvement in the morning dealings. Recovery in the stock mapket was checked around noon by the reoccurrence of urgent selling in Ste£l, General Motors, Hudson and other Industrial shares, which led the recent advance. This weakness gave rise to speculative reports regarding the possibility of an increase in the local bank rate after the close, but it was obvious that these rumors were brought forth to account for a reaction in which the fcparket was clearly entitled on techPlica 1 grounds. Prices had advanced so steadily over the last six weeks that continuance of the movement would undoubtedly have led to a situation similar to that which existed previous to the February-March break. Constructive interests were satisfied, therefore, to have the industrial shares engage in a. corrective movement feeling that a development of this sort would discourage the reckless upbidding of poor stocks and thereby safeguard the fundamenta: position of the' speculative structure. Sentiment regarding the rails was bullish because of the highly favorable character of the June earnings' report which have thus far come to light. \

Banks and Exchange

. —July 33 LOCAL CLEARINGS Indianapolis bank cJearingre for today •mounted to $3,925,000. Debits $7,042 - 000. FOREIGN EXCHANGE BV M ted Y&&' July 22. —Foreign exchange closed irregular. Demand sterling. $4.85 13-16. up 1-16; francs. 2.23 c up .00%; lire. 3 23%0. off .01: Belgium, 3)£9_S C - UP and marks. 23.80: Holland, 4017 c, off 03: Russia 5.15 c: Shanghai, 71 %c: Yokohama. 47.13 c.

Produce Markets

Eye*— Strictly fresh delivered at Indianapolis, 33 4124 c. k Butter (wholesale prices) Creamer;, ■seat grade a pound. 41 ® 4.'Sc: bu.vinc price Por paokin* stock, 31 @32c. Poultry—Fowls. 240: Leghorns. 22c: ducks. 14 & 15c. Cheese (wholesale buying prices)—Wisconsin Daisies. 24 48 25c: Longhorns. 24 42 27c: Llmburger. 270. CLEVELAND. July 22.—Butter —Extra In tubs. 424842 He; extra firsts. 40®41o; firsts, 38®30o; packing Btock. 28c. Eggs —Extras 38 He: extra firsts. 30 tie; firsts. 28He; ordinary firsts. 274*27He. Poultry—Heavy fowls. 28(829c: Leghorn fowls. 244825 c: Leghorn broilers. 30c; heavy broilers, 38 48 40c: roosters. 17® 18c; ducks, 17@18o; young ducks. 30® 330; old ducks. 25® 28c: geese. 18 48 20c. Potatoes—Virginia. M>3.75 per barrel; CarohMv stave. s3® 3.75; Michigan chief, KESW YORK. July 22.—Flour—Dull slid unchanged. Pork—Dull: mess, 5+050. Lard—Weaker; middle wost, slo.lo® 16.25. Sugar—Raw. firm; 90 "Bfc_Sk 19 He- San toe No. 4. 23 H® 22 4c. Tallow—Firm specials to extras. 8 H 48 8 Ho. Hay-r-ftssdy; No. 1. $1.46® 1.50: No. 3. $1.05® 1.25: clover. $1.06481.45. Dressed poultry—Quiet; turkeys. 30®4e: chickens 32% 40e: capons. 40@52c; fowls. 18 (a, 34c; ducks. Long Islands. 2flo. Live poultry—Firm: geese. 13® 10c: ducks. 10 4/27c; fowls. 2348 37c; turkeys, 25c: rooeters, 18c; broilers. 2548280. Chec-so — Quiet; state milk, common to special. 23 4824 c: young Americas. 21%®26%c. Potatoea—Southern, sl.oo® 3.50: Long Island. $3.50® 3.75. Butter—Easy: re. eelpta. 10.910: creamery extras, 48®olc: special market. 41® 42c. Egg-s—-Steady: receipts. 23,821; nearby white fancy, 43® 4oe: nearby state white. 31®43c; fresh firsts. 2iß®2He: Paclflc coast! first to ext.ras, 31®41 He; western whites. 29 H® ( 30c; nearby browns, 35 (it 40c. CHICAGO, July 22.—Butter—Receipts. 5.913; creamery. 39c; standards. 39c: firsts. 38®37c: second*. 33® 34H0. Eggs —Receipts i 4.180: ordinaries. 26 H® 20 He: firsts 27H ® 28c. Clieese—Twins. 19 H® 20c; Americas. 20H® 21c. Poultry —Receipts 10 ears; fowls. 24® 32c: ducks, 24® 26c: geese, lfio; spmigs. 20c; turkeys 30c: roosters,' 18V/c: broilers, Bpc. Potatoes— Receipts, 241 cars; arnTj. 83 cars: Kansas and Missouri sicked Irish cobblers. $1.25® 1.55: Virginia barreled Irish cobblers. $3.80®4.

In the Sugar Market

(By Thomson As McKinnon 1 NEW YORK. July 22.—Expectation* of a larger buying movement in refined sugar are being based upon the recent developments in that market. Refiners are reported to be looking for ex.-epttonally heavy bus'nes* at the 6.70-cent level and and advance of tep points 1* regarded as likely. The futures market has been subjected to active selling, especiallv in the December contract, but with conditions In the refined market so much improved it looks as fresh advance is itnminent.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK, July 22.—1 am not wondering about the Texas -crop. From the character of the advices that passes through my own hands or under my immediate observation, I know prospects are' poor The same may be said of Arkansas and North Carolnia I look for a big crop scare after Friday’s bureau.

Local Wagon Wheat

elevators are paying $1.30 for No. 2 jred wM*t. Otner grades ars purchased on their merits. NEW ALTO COMPANY Two Indianapolis men* Otto W. Buenting and Ray H. Briggs, are directors in the newly-formed Oldsmoblle Ft. Wayne Company, wor. which Incorporation papers were filed today at the Statehouse. The other Incorporator iff Alement R. Stapleford of Ft. Wayne. Capital stock Is SIO,OOO. mm ———— | BAD CHECK ALLEGED k Ottoway Smith, 35. R. R. M,‘ box f276. was arrested today on a charge of Issuing a fraudulent check. John Hittle, manager Horuff shoe store, 2630 Northwestern Ave., said Smith passed a worthless check on him I year ago.

— I I ■ M —II H 1,,. <|, New York Stock’s IBy Thornton A McKinnon* ———

(All Quotations tJew York daylight saving time) Railroads— * Prev. High. Low. 2:00. close. Atchison .13614 ... 13514 135% Atl Cst L. .218 .. . 218 218 B& O 95% ... 94% 95% Canad Pac. .. 161% C* O. . . .141 ... 139% 141 C & NW... 69 % ... 69 % 70 C R I & P. 55% 55% 55% 54% Del & Hud. . . ... ... 163' Del & Lac 115% 144 144 U 144 Erie 35 . 35 35 Erie Ist pfd 14% 4V4 44% 44% Crt North pf 72 % ... 72 72 % Lehigh Vm. . . 89 % K C South. 43% ... 43% 43% L A N ... 132 ... 132 132 M K A T. . 36% ... 36% 36% Mo Pao pfil 90% ... 90% N Y Cent . 130% ... 130 130 NY NH AH46 % ... 46 45 % North Pac .72 ... 70% 72 Nor AWn 151% ... 151% 152 Pare Marq. 97 ... 97 97 Pennsv .... 54 % ... 54 54,, Readins; ... 95 % ... 95 94 %._ 8 Railway .117% ... 117% 117% 50 Pacific .105% 104% 104% 105 St Paul .. 10% ... 10% 10% St Paul pfd 17% ... 17% 17% 51 L t SW jV 67% St LA 8 P 96% ... 96 90% Union Pac 153% ... 152% 152'? Wabash ... 44% ... 43% 44% Wabash pfd 75% 75% 70% Rubhera— Ajax 8% 8% 8% 8% Fisk 18% ... 18% 18 Goodrich . . 48 % ... 48 % 48 % Goodyr pfd 105% ... 10.)% 106 Kelly Spand .. ••• , ••• , 13 U S Rubber 59% o8!i 58% 08 % Equipments— Am C and F . . 101 Amer Loco 104'4 ... 103 104 Am Stl Fdy 42% ... 42% 42% Bald Loco 123% ... 121., 121 Gen Elec . 355 % 354 355 % 302 Lima ... ... 63 N Y Airbk. 39 ... 30 39% Pr Stl Car , 37 Pullman ..178% ... 176% 176% West A B 131’, ... 128% 131% West Klee. 69% ... 68% 69 Steels— Bethlehem. 47 45% 45% 45 Colorado F 47% 46 46 46% Crucible . 75% ... 73 <3% Gulf S Steel 75% ... 74 74% P R C A I I 38% Rep Steel.. 59 % .. . ' 57 % 57 % WHEAT ISIOER EARLYPRESSURE Deplorable Exchange Situation Hampers Trading. Bu United Press CHICAGO. July 22.—Wheat was under pressure early in the day because of the change in the weather conditions, the weak Liverpool cables. bearish Canadian news and the increasing volume of the Southwestern movement. Lodges of 1% to 2% cents weer recorded at the close. Cash'prices, too. were sharply lower. Kansas City had ovfer 800 cars of wheat and reported that Nebraska an<J Colorado are no walso beginning to ship new grain. Export business was reported at 500,000, mostly to England. The deplorable exchange situation is hampering this business. Corn closedNfrom 1% to 2 cents lower because of the better weather conditions now prevailing. The demand was weak and the pit displayed little rallying power. I Cash prices were abtu a cent off oh good grades and around 4 cents off on the inferior grain. Oats gained on buying power early in the day, but sank with wheat and corn to close unchanged to half lower. Lard was 10 cents off and ribs, were unchanged. V “** Chicago Grain Table —July 22 WHEAT— . Prev. Open. H.jrh, Low. Close. close. July 1.41 141% 1.39 1 39% 1.41% Sept 1.41% 142 1*9% 140% 1.42% Dec. 1.45% 1.40% 1.44% 1.45% 1.40% OORN— July .76 .70 .74% .75% .76% Sept .83 .83% .81% .82 % .84% Doc. .85 .85% .84% .85% .86% OATS— July .39% .40% .39% .40.40 Sept .42 .42% .41', .42% .42% Dec. .44% .40% .44% .44% .45% LARD— July Nominal 15.50 15.60 RIBS— , July Nominal 18.50 10.50 R7E— July 1.06% 1.05% 1 04 1 04% 1.06% Sept 1.07% 1.07% 1.06% 106% 1.08% Dec. 111% 1.12% 1.10% 1.10% 1.12% CHICAGO. July 22.—Carlot receipt#: Wheat. 117; corn, 13o; oats. 40: rye, 2. TOLEDO, July 9C —Grain cloee: Wheat —No 2 $1.42® 1.43. Com—No. 2. 80 @B7e. Rye—No. 2. $4.09. Clover—lmported, sl7 75: October. s2l; December, sl6. Timothy-—Oaeh. $3 60 September, $3.85; October, $3.85. AJalke—Augruat. $15.06. CHICAGO. July 22,.—Grain cloee: Wheat —July, off 2%c: September off l%c: Deceniber. off l%c. *Corn—July. ols l%c; September, off 2c: December, off l%e. Oute—July, unchanged; September, off %c: December, off %c. Provisions Lower. CHICAGO. July 32.—Cash grain: Vheat —No. 1 red. $1.41 <211.42: No. 2. $1.41.® 1.41%; No. 1 hard. $1.43 ® 1.44 % : No. 2. $1.42 % ® 1.43. Corn—No. 3 yellow, 82 ®B2 %c: No. 3.81 c: No 4, 78%c; No. b. 77% ® 78c. No. 6. 74®! 75c: No. 2 mixed. 81% c: No. 5. 72c: No. 6. 'll®72c: No 2 white. 82 ®82% o: No. 3.81 o: No. 4. 7118 72c. Oats—No. 2 white, 42 %® 4Tj%c; No. 3, 41 %<6 42 %c. Barley—7o itii 77c. Timothy—ss.7s® 0.75. Clover — ,$12@28.

Commission Row

Prices to Retailers Fruits Apples—Transparent*. 40-pound basket tiarly Harvest. $1.50: Livolana raspberry. $3 asasssfitt.’v 24. pt crt. s3® 3.26. Cantaloupes—Arlsona flat crt.. $1.50, pony crt.. $2.75: standard crt.. $3. <5: fumbo crt.. $4.25 <a 4.60: honey dew melons crt.. $2.75 @3. Cherries—Michigan. 16-at. crt.. $3. Oranges—Calltornia Valencia. crt., [email protected]. Cocoanuts —Jamaica, s6® 10. Huckleberriss —16-qt. crL. $6. Gooseberriea—lndiana. 24-ot. crt.. $2.75 ® 3. Grapes—California, seedless, crt.. $2.50: Grapefruit—California, half box. $3.75 ® 4Lemons—California, box, $5.50® 6.60 Limes —Imported. 100 $3. Peaches—Hilfy Belles. DU.. $1.50®2; Elbertas. $2.50@3, . - _ Raspberries—Rea 24-pt. crt.. $4.50® 4.75; black. 24-pt. crt.. [email protected]. Pears—California Bartlett oox. $2.75 Opiums— California, red. crt., $2.26® 2.50; blue, crt. $2.70®3: yellow crt.. $3:25® 2.50. Watermelons —Florida, 00® 65c. Vegetable* Asparagus—H. G., white, d0,.. 40®45c. Beans—H. G., green, bu., $3. Beets—H. G. ooz. bunches. 35® 40c. Cabbage—H. G.. 100-pound bbl.. $1.50. Carrots —H. G. d0,., bunches 40®45c. Cauliflower —H. G., crt.. $2®2.60. Celery—Mihcigan, crt., $1.25. Corn—H. G., dor. ears. 45® 60c. Cucumbers —H. H.. doi.. 75e®$l. Eggpiant—Florida, do*.. $3. Garlic—Nw Louisiana lb 16 020 c. Kale—Fey. spring. 00@75c bu. Lettuce—AVeStern. head. crt.. $5 05.50. H. G. leaf 15-pound baaket. 60®05c. Mangoes—Louisiana, hmp.. $1.50. Mushrooms— Fancy, lb., 75c® 51. Onmn Kentucky 100-pound ba* $2.75®3: H. G.' yellow, bu.. s2® 2.75: H. G. green dor... 30@30c: Spanisa crt.. $1.75 03. Parsley—Fancy H. G.. d0,.. 75@90c Peas- —New \ ork telephone, hmp. $2. Radishes—H. G long red dor. bunches 30®35e. H G. button, do,. 60®60c. Rhubarb —H G.. doz. bunches 25® 40c Spinach—H. G.. bbl.. $101,26. Sweet Potatoes—Alabama, hmp.. $2.75 —H G.. 20-pound basket $2 ©2.25. Turnips—H. G.. bu.. $2.25 0 2.50 Potatoes—ldaho, per cwt. $6: Virginia cobblers, bbl.. $4.75®3: Kentucky cobblers. 100-pound bag, $4.25® 4.50.

Sloss-Sheff 127 ... 123% 1S fnfori, 8 la9u kin V anadium.. 30% 36 % 36', Motors— Am Bosch ... ' . tn, ®BIJ •., I?., 888,-5 8s Geu Mot. 170 ... ige 160^? Hn on° n •• • S?*-* 61 % 62 64 ti jorSSn •::: it Martin-Pr. I=4 123,4 12 ' 4 4L Naj,i, ~ . 55 % 'ii. xk Packard .1. 414 .. . 40% 41% Pierce-Ar... 29 28 % °9 °8 Studebaker. 55 % 54 54 % 54 qj Stewart- W.. 74', ... 74* 73% Timken ...54% ... 54 a, *4% Willy*. Over 29'5 2* °8 "8% White Mot. 59% ~ 38 58V? Mining— Am Smelt 133% ... 131% 132% 50% 50% 50% D P fl'% ... U K 7 U Int Nickel. 38% TANARUS” 38 H 38* Kennscott.. 06 V, 55 % 60 - 56% G a * £ 158% 158% 158% U S Smolt. 41 ... 41 4114 oir*— Atlanta R 100% 108 108% 109% Cal Petrol. 32 % 33 % 32 1 , 32 u Freeport T. 32 ... 31 31% Geu Petrol. 65 % ... 65 65 % Houston ... . , , 55 % IndptOil... 23Vi 22% 23% 23% Marland Oil 67% 56% 57 56 >4 Midi-ont Pet 28', ... 28% 28% Pail A Pet. 06% 60 66 4 00% P-A Pete B 08 ... 67 % 60% Pacific Oil.. 1% ... i*J 1% Phillip*, Pet 46 % N45% 40% 45 V 4 Union Oil.. 64 'I 53% 53% 63% Pure 0i1... 20% ... 26% 20% Royal Dutch 60 . . . 50 52 '1 Sinclair ... 20 % 20 % 20 % 20 % Skell.v ...... ... . . 32 S Oil of Cal .>B*4 57% 68% 8 011 of N J 43% 43% 43% 43% Texas Cos.. 52% ... 61% 52% Trans Pet. . 5V* 5 5 % 6 % ..Industrials— Ad Rumely. 13% ... 13% 13% Allis Chaim 87% Allied Chm 129% ... 120 126% Armour A. 14% ... 14% 14% Amer Can. . 58 % 56% 57% 50% A H & L pf ■ 39 Amer Wool. 22% ... 22% 23% Cent Leath ... ... ... 8 % Coca Cola.. .. ... 159% Cont Can.. 81 ... 81 80% Certainteed ... ... ... 47 V? Bavie Chem . , ... ... 37 upont .. 859 ... 259 257 F Pla.vers .118% .. , 116% 117 Gep. Asphalt 67% ... \ ~H7% 07% In Cm Eng. 45% 53% 54 52% Int Paper. ... ... ... 51 % Int Harv .120% ... 1 j. 26% 126% May Dp Sts 118% Mont Ward 71 70% 71 71 Natl Lead 100 Owen Bottle 73 ... 73 73 % Radio .... 42% 42% 42% 41% Sears Roeb. 53% ... 53% 53% United Dig ... ... ... 155 DSCI P. 244% 240 % 241 239 U 8 In Al. 55 . 55 65 % Woolworth 168 107 168 107 It Me—s TAT. 141% 141% 141% Brklyn M . 64 63% 64 03% 801 G&EI 84 83 % 83% 83% rns Gas. 103% 102% 103% 102% N Am Cos.. 62% 52 62 52 Poeplee G. ... ... ... 122% 8 G A Elec. 54% 64% 64% 54% We* Union ... ... ... 140 Shipping— Am In Cor ... ... m.. 33 % Am S A C.. 8% ... 8% ... Atlantic G 44% In M M pfd 32 31 31% 32 United Frt 113 Vi ... 113% 113% Food,Ara Sugar M , ... ... 06% Am BtSug ... ... ... 23 % Austin N ... ... 13 % Beech N P 57 Calif Pkg 138% 137 138% 137 Corn Prod 45 44 % 45 44% Euba Cpd ... ... ... 38 üba A S 84% Fleisohman. 49% ... 40% 48% Jewel Tea.. 37 % ... 37 37 % Nat Biscuit 95 V, 94% 94% 94% Poetum ...101 09 99% 101 Wd Bk (B) 32% .32% 32% . 32% Ti*t>coos— Am Tob.. 121% 130 121% 181 Am T (B) 121% 120 121% 120 Oons Cigar, 68 J 7% 08 67% Tob P (B) 103 U Ctg Stol- 96% 90 96 9rt% Schulte R 8 46% ... 46% 4d% INVENTORSBEND EFFORTS TOWARD AVIATION SAFETY Aim to MakeTlying as Safe as Walking for Passengers.

Bu United Press WASHINGTON. July 22—A1l parts of the country are attempting to perfect device* to make flying as safe as walking, It is learned at the United States Patent Office. Inventions of every description, to prevent airplanes from crashing to the earth, have been sent In to CommlsSToner T. E. Robertson. Patents have been gyanted on afiout 300 types and an equally large number have been rejected or are pending. Parachutes, balloons, extra wings, gas bags, and all sorts of trick devices to keep planes In the air In case of engine trouble or other accident have Been patented recently. Balloon Parachute Two Philadelphians have patented a balloon parachute safety device which they believe will prevent aviation disasters. Under their plan balloon on the top wings of a plane. Automatically when a plane begins to fall or at the release of a catch by the pilot the parachute the gas bag begins to fill with noninflammable gas. The balloon is io right the ship while the parachute is to bring it slowly and safely to earth. This safety apparatus is supposed to prevent an airplane from crashing and is supposed to bring it right side up whether it Is doing a tail spin, nose dive or side swipe. T 6 Prevent Crash A North Carolina inventor patented a contrivance that fits snugly on the upper wings of a plane and opens Into a parachute when the pilot touches a spring. Still another has a parachute dp the tall end of a plane, his theory is that the heavy engine will force a ship to fall nose-down and the chute on the rudder end will bring the craft slowly to the earth in case of an emergency. Officials of the patent office said however, that the parachute devices for airplanes was successful as it requires such large chutes. They pointed out that if it flakes 50 square feet to hold a man up In the air it would take a parachute many times larger to save a plane, “If Pilot Has Time” Balloon and gas bag safety apparatus, they said, were well enough if the pilot has time enough to fill his bags with lifting gas in the face of an emergency. Aviation will stili be hazardous, it was pointed out, until one of the Inventors strike upon a safety contraption that will be effective In case of fire as well as engine trouble, collapsed wings and other accidents that occur iff, the *ir.

THE INDIANAPOLIS TIMES

Choice Lightweights Bring Extreme Top Price of $14.25. HOG PRICE RANGE July Bulk Top Receipts 10. 13.05® 14 40 14 75 5.080 17. 13.40® 14 40 14.60 4.000 19. 13.65® 14 60 14.75 4.500 20. 13.40® 14.30 14.65 9.500 21. 13 15® 14.40 14.40 7.500 22. 13.20® 14.00 14.23 0.000 Matured hogs were a Hat 25 cents lower in trading today at the Indian, apolis Livestock Exchange. A fetj. extra choice lightweight porkers -brought an top price of $14.25, but the gonerally accepted top was $14.15. The bulk of the offering was sold at sl3*2o@' 14. Receipts were estimated at 6,000 hogs and 841 were held-over the mid-week session and added to the total fresh offering in the pens. The local market followed the trend of plhe principal competitive market which was 25 cents lower. Hog Price Scale Pigs were generally $13.75@14 and sows, [email protected]. Matured hogs weighing 160-180 lbs., were sold at $14.15; 180-200 lbs., $14.05; 200-210 lbs., $13.75; 210-225 lbs., $13.55; 225250 lbs., $13.20; 250-275 lbs.. $12.90; 275-300 lbs.. $12.65; 300-325 lbs., $12.40, and 325 lbs., and up. $12.10. The cattle market was generally steady. Prime yearlings met with a good degiand ar\,d received the top quotation'of slo® 10.50. Other steers were sold down to $7. Heifers were steady on the choice kinds and were quoted-M—s7@lo; cows were ss®7. Grassers showed difficulty i% moving to the scales and in some cases price Recessions were made in order to create a sale, were estimated at 900 bovines.

Calves Are Steady The calf market remained steady from the stapt of trading. Best vealers brought the top price of $13.50 and the bulk of the sales were made at $13®13.50. Receipts were estimated at 700 cplves. Trading was active and the run moved off early In the morning. The sheep and lamb market r<\ mained at the same price levels quoted earlier in the week) Lambs were priced at $9®13.25, but no sales were reported over the sl3 mark. Sheep were unchanged at $6 and down; yearlings were slightly higher at slo® 11; bucks, s3®4, and breeding ewes. s6® 7. Receipts were estimated at COO ovines. —nos*— 10 180 lb, sl4 15 180-200 lb, 14.00 206-210 lb* 13.75 210-225 lbs 13.55 223 250 lb, 13.20 260-275 lb, 12 90 C7.V300 lbs 12.05 300 32.> lb* 12.40 323 lbs. aud up 12.10 1 Cattle Good to choice fat *iccrs...s 9 35® 10.50 Common to medium steer,.. B.oo® 9 00 Baby beef 0.25® 9.75 Common to medium heifer*. 7.00® 8.00 Cow* 600 2 7.30 - —Calves— Best val* sl3 60 Bulk of sale* sl3 OO® 13.50 Cotumi n to medium 7.00012.06 —Sheep and lamb,— Lamb* $ 9 00 @13.25 Yearling, 10.00 <0 11.00 Buck, B.oo® 4.00 Sheen 6 00 Jotyn Breeding ewe, 6.004s 7.00 Other Livestock eel PtV To OOO^malket J llcTowi? 2?3-3.->0 pound*. sl2 10® 13: 200-250 pound*. $12.75® 13.65; 180-200 pound* $13.21 13 83: 130-100 pound,. (13.710 13 85: 90130 pounds. sl3® 13.80: packing sow*. slo® 10 75 Cattl,—Receipt*. 3.000: market bidding lower'on steer, beef steer*. $8 50 ® 9.50: light yearling* and heifer,. *8.50®9.50: beef cotr*. $4 75 ® 5.50; low cutter, and cutter cow*. [email protected]; vealers. sl3: heavy calves. $6.5n ®8: bulk stock and feeder steer,. [email protected]. Sheep —Receipt,. 3.500 market for lamb* strong. "5c up: sheep steady; top fat lambs. sl4; bulk fat Umb*. $13.35® 13 75: bulk cull lamb,. $9; bulk fat ewe*. s4fi 0. CT.HV KI.AND. JaJy 30—Hog*—Receipt,. 2,000: market. 23® 50'- lowerYorker*. §l4: mixed. sl4; medium. sl3 ® 13.23. Cattle— 400: market, steady: steer*. $lO 50; heifer*. $8.50® 9.50; butcher bull*. $6.50 @8 cx>w,. $0.50: mik-her, and springer, s3s® 80. Sheep and lambs—Receipts. 300: market, slow; top. $14.50. Cal ve—Receipts, 300: market, steady: top $14.50. CINCINNATI. July 22—Cattle Receipt*. 550 market, slow and steady: •hipping steer,, good to choice. $0 (a 0 50. Calve*—Market, strong- good to choice, sl2® 12. SO. Hoc*—Receipt® 3.500: market, slow to 25®40" lower: goo<l to choice packers and butchers, $13.75® 13.80. Sheep—Receipt*. 4 000: market, steady: good to choiee. ss® 7. Lambs— Market slow; good to choice. sl4_f? 14.50 TOLEDO. Julv 22—Hog*—Recctpu. 700: market. 25®50c lower: heavies. sl2 @l2 50: mediums. $12.50@13- York era $13.50® 13.75: good pig, $13.76® 14.50. Calves—Market, strong. Sheep and lamb, —Mark*!, steady. BANK FRAUD CHARGED Former Congressman and Judge Among Indicted. Bu United Press STEUBENVILLE. Ohio, July 22. W. B. Francis, former Democratic Congressman; John E. Belknap, retired Common Pleas judge, and other officials of the Union Svaings Bank of Yorkville, weer named in twentyone criminal indicemtns returned today by the grand Jury . Bank examiners said that “in all the history of Ohio no bank ever had been so manipulated.” They charged that nearly one million dollarsin deposits of 3,000 mill and mine workers had been wrongfullly handled by bank officers.

He Keeps His Job With B. P. O. E.

pp®* 1

For the twenty-third consecutive time Fred C. Robinson of Chita go has been elected grand secretary of the Elks. He’s one of the smallest men in the order, standing only four feet tall, but he’s one of the beet known, too.

YANKEESIEERED BY PARIS MOB Midnight Auto Party Surrounded by French. 8 11 United' Press PARIS, July 22.—Americans were subjected to jedrs, cat-calls and an attempted attack when a sight-see-ing automobile carrying a crowd of tourists seeing midnight Paris passed through mobs staging a demonstra -tivm on the cabinet and fiscal crisis before che Chamber of Deputies late Wednesday night. L Crossing Yhe Concorde # bridge, the automobile becam* the center of attention the moment it entered the street before the Chamber. ‘Urowds gathered about the car, hooting and hissing the party of foreign tourists, which included many Americans. Insults were hurled from the crowcf in torrid French. One of the demonstrators jumped on the running board of the car, attempting to strike the occupants with his cane. He- was arrested and removed by police. An immense police forcq picketed Paris today. There w;ere isolated anti-foreign incidents. FRANCE IS STRONGER Belgian Currency Abo Gains on I/ondon Bourse. Bu United Press \ LONDON. July 22.—French and Belgian currencies were stronger on the Bourse today. The opening prices today and yesterday's closing prices were as follows: Open. Close. French francs 2.13*4 2.19% Belgian francs 2.07 ~ 2.12% Italian lire 1-49% 1.49% The French franc later rose to 2.11%.

RAIN MAY BRING -RELIEF TO CITY i (Continued From Page 1) ranged from 85 to 93 degrees at 7 a. m. The weather in the western States is very much cooler. New High .Mark At 3:35 p. m. Wednesday, the mercury rose to 96.4 degrees, making Wednesday the second hottest day of the season. The hottest day this year July 3. when the temperature recorded was 97 degrees. Records show the heat this summer Is much more Intense than It was last year. 100 DEAD IN NATION Relief in Middle West; East Still in Torrid Grip. Bu United Press NEW YORK, July 22.—The summer’s first heat wave continued to envelop the East today, driving the death list attributable up to the 100 mark —If not above it—and causing Intense suffering in the c.-iwded sections of the larger cities. Reports to the United Press from the various parts of the country showed a known death list of 94 for the hot spell to date—so in the middle west; 12 in New Jrtirk City, New Jersey and New York State;, 6 in New England; 17 In Ohio and 5 in Washington, D. CDeaths not reported, it was feared, would bring this figure considerably higher. Five were dead at Pittsburgh, with two dead and many prostrations at Philadelphia. Southern Michigan reported a definite break in the heat wave which has claimed at least fifteen lives in the State. Chicago dispatches, however, reported the heat wave broken up in the Middle West with decidedly cooler weather and general rains. In Chicago, Wednesday, the thermometer stood at 96 degrees, the hottest July 21 in twenty-five years. This morning the mercury registered 65. / Kansas City reported the heat wave broken. Six deaths and seventeen prostrations were reported here during the last twenty-four hourjj. temperature soared to 96. The whole Metropolitan area suffered. Prostrations being reported from Brooklyn, Jersey City and Long Island. Coney Island beaches were black with throngs sleeping at the seaside. Promised relief in the form of thunder showers did not materialize, 107 At Washington A weather bureau thermometer on ground level at Washington registered 107.5 Wednesday. Two persons died directly from the heat and a 15-year-old boy drowned within a few feet from a crowded road. Motorists ignored his cries for help, it was charged. Many factories in Connecticut closed at noon because of the heat. Government employes In Washington were released early and hundreds of office employes In New York were let out ahead of time. AUTOS CRASH; DRIVER HURT Clarence Dillenbeck, 4719 Winthrop Ave., was cut today when the machine he was driving collided with ah automobile driven by Arthur Gifford, Wq|fffleM, Ind., at TwentySixth and Illinois Sts. No arrests wejre madeICE MAN INJURED' Wade Deirson, 142 N. Noble St., and Ice man, was taken home today after he was struck by an automobile driven by Edward Aldridge, 1622 W. Michigan St., In front of 1232 Broadway. His Injuries were not serious. No arrest was made. 0 DISMISSAL IS SOUGHT Baltimore & Ohio Railroad filed a petition with the public service commission today to dispense with its station caretakers at the towns of Cold Springs in Dearborrf County and Delaware In Ripley County.

Real Silk Employes Frolic

W. C- Kobln (loftV and W. B. Herowitz in race

Business cares, were laid aside for the rtay Wednesday by the 3,000 employes of the Real Silk Hosiery Mills, who held their fifth annual picnic at Broad Ripple Park. Starting with a parade from the plant at 8 a. m.. the. employes proceeded

UNIONTEADERS PUT UNDER BOND (Continued From Page 1) al headquarters of the union relative to strike benefits. The Marion County grand jury today catrted on its investigation of acts -of vandalism supposed to have been committed by street car strikers. About twenty witnesses were before the jury. Everett Tally and Mervin McNew. 131 McLean Pl-. who were arraigned before the court after Armstrong and Parker entered pleas of guilty to charges of being In automobiles from which stones and spikes were thrown at street cars. They were remanded to the Marion County jail pending levying of the penalty. Tally and McNew are alleged to have thrown missies at cars at Thirty-Fourth St. and Central Ave. and Illinois St. Meanwhile Everett Ellis, 24, of 2909 Rader St.; Russell Bane. 30. of 1808 N. Illinois St., and John Frakes, 22, of 1430 S. Richland St., who pleaded guilty to violating the injunction before Baltzell Wednesday, and Edgar Day, 23, of 2241 Kenwood Ave.. who denied such violation, were in jail awaiting action by the court. An offer to discuss and arbitrate before a group of lawyers or the public service commission, the matter c-f existep.ee of a contract with employes, one of the central points in the controversy, was made In a letter sent Todd by WHliam Schnarr and Joseph Fort, local union officials. The union men assert the contract has expired. Wired Headquarters Baker said thy after he saw the men he wiredifthe International headquarters of the Amalgamated Association of Street and Electric Railway Employes that Parker and Armstrong were arrested. This morning John L. president of the United MfiTfe Workers of America, came with several other representatives of national labor unions, to the courtroom. <They promised aid to the street car union men. Among the other labor leaders present were: Ellis Searles. editor of the United Mine Workers Journal; James Shaughnessy. president of the International Journeymen Barbers Union, and Jacob Fisher, secretary of the barbers’ organization and a member of the executive council of the American Federation of Labor. Lewis indicated that word had been received from William Green, president of the American Federation of Labor, asking the local union men to aid the Amalgamated Association. It was said the case comes under the Clayton Act, which provides a maximum penalty of six months in jail and $1,Q90 fine or both. Baker asked the case be continued until next week, after Judge Baltzell suggested Saturday as the limit for filing an answer, to the complaint. Baker pointed ciut that he had not had time to examine the bill of information and did not know what action he might take. “You are not going to take time here,” Judge Baltzell said. “We are going to try this case. I will not stay here all this summer." The court explained plans had been made for the remainder of this month and August and there was not much time remaining. He later said the “case la going to be tried if I have to stay here and forego arrangements.” " Ward said “these men are strang. ers in this town and I understand one of them comes here under a cloud,” Baker asked for a bond. Not a Trial Baker denied this and the court stopped the argument by remarking that , “this is not a trial.” The charge figainst Armstrong and Parker is that “they have openly, flagrantly, purposely, maliciously, unlawfully, corruptly and contemptuously violated and disobeyed the restraining order and temporary injunction.” They are charged with- tellingworkers the orders of the court were “Illegal In the face” and could not “stand the test In court.” They also are charged with '’inciting the men to continue the strike." ESCAPES WITH S2OO Polics were looking today for the Negro who held up and attacked Mrs. Rosetta Barney, 40, Negro, 671 N. Elder Ave., Wednesday night on W. Tenth St., near the city hospital. Mrs. Barney said the man fled with S2OO belonging to her. —•—arw - ■

through the downtown district and then to the park. One of the feature events of the day was a kiddie car race. U. B. Herowitz, last year’s winner, swept across the finish line onlya short distance ahead of W. C. Kobln, vice president and general sales manager of the company.

U. S. TO SELL BOOZE Industrial Alcohol Plants to Get Seized IJquors. Bu United Press WASHINGTON, July 22.—The United States has found anew way to dispose of liquor seized from bootleggers. C. R. Nash, acting commis<N?oner of internal revenue, ruled today thai hereafter all liquors seized may be sold to industrial alcohol plants for redistilling and denaturing without payment of an internal revenue tax. DENTISF SUFFERS HEAT PROSTRATION Recovers at Hospital— Found in Auto. Dr. Gilbert Harris, dentist, 45, of 544 Middle Dr., Woodruff Place, is recovering today from a reported heat prostration, suffered Wednes day. He is at St. Vincent’s Hospital. Dr. Harris was found in an unoonscious condition sitting in his auto parked off the road under a tree a mile north of Franklin, Ind., where he had been visiting his mother and sister. A capsule containing powder was on the running board of the car and an envelope containing more capsules and powder was in th seat beside him. These were brought to yie hospital, but no reports on the analysis were given out. Persons in the vicinity said the auto had been parked there several hours, but had not attracted attention. THANKLESS BUGGY RIDE LrfMuis Horse aud Cart but Finds Money Missing. “Thanks for the buggy ride” has anew and different meaning to George 2518% Ethel St. Holland said he loaned his horse and buggy to a man and later discovered his pocketbook containing $26 was in the buggy. Holland said the man returned the horse and buggy, but tjie pocketbook was missing. FORMER ‘SWEETIES’ HELD Woman Slated for Shooting Man in Leg; He Abo Is Arrested. Cave man tactics did not meet the approval of Miss Marie Yee, Negro, 713 N. Senate Ave., who shot her former sweetheart, Henry Smith, Negro, 723 Douglass St., today, in the leg. Miss Yee told police that Smith struck her in the face Wednesday. Police arrested Miss Yee for assault and battery with intent to kill aid Smith for assault and battery. __ 90-DAY PAROLE GIVEN Governor Jackson today extended a ninety-day parole to Nicholas Benjamin of South Bend, now serving a five to twenty-one year reformatory iterm for assault and battery with intent to attack, in order that he may return to his parents’ home in Michigan to receive treatment for tuberculosis. Benjamin was convicted in the St. Joseph Circuit Court May 16, 1924. Births Christian” Hospital HiWa ° entry ' lDdlana Lawrence A. and Freda E. Younx. 309 Dorman. Xve 8C ’ar and Joste Christie, 1262 Nordyke Anton and Jophie Hren. 928 N. Baugh. Virgil and Earneatme Duncan. 769 Indiana Ave. Edward B. and Lemabel Stinson. 827 Park Ave. Roy* William and Maxie Chaplin, 021 E. St. Clair. Barvey and Dolly Stark. 1243 Delos*. Clyde and Dora Belcher. 1703 Tabor. Dave and Minnie Kan tar. Methodist Hospital. 108 r “ k G£fleld’ (1 A™ Bther L - M ° ntgnm,>ry ' 4007 8t^ r /ew a York GlMy!> M ’ Hurrlbr^ Deaths Lillie Bush. 44, 810 Athon. acute myocarditis. Carrie Baker. 32. 741% Center, aortic aneunsm. Lula Crawford Adams, 33, 001 W. Bev. enteenth. pulmonary tuberculosis. Louise K. Off. 60. Indiana Christian Hospital, lobar pneumonia. Harrv E. Rybolt. 1 year. 1210 E. Georgia. lobar pneumonia. Jame, M. Taylor, 78. 1044 N. Warman. a Do: lexy. L Abney 02. 2243 Bellefontaine, cerebral hemorrhage. .Robert Wyne Harrold. 8 day,, city hospital. lobular pneumonia. Jostah P Perkin*~o9, 4353 Guilford Are., chronic myoeardlti*. ltSf wxrfdint”? 26 - <*tr noa--51. Methodist

PAGE 11

POLICE EXTORTION I CHARGE ISPROBED i BY GRAND JURORS’ I j Negro Alleges He Could Havei Escaped Trial by Paying Officer. ►> ( The Marion County grand Jury*: today started investigation 0 Q charges that two Indianapolis police*! men attempted to extort from a Negro prisoner, chargoit with drawing deadly weapons, who] appeared in Criminal Court Wednesday. "Nothing like that will go tmehalJ longed here," Prosecutor William, H. Remy said, turning the matten over to William 11. Sheaffer, grand Jury deputy. In Criminal Court, Harry “Juna Bug” Hunter, Negro, 327 Tlllsworth, St., made the charge of attempted extortion, alleging that Patrolmen, George Lowe and Ray Reeves had promised to fall to appear befora him in municipal court if he would give them money. Hunter's cam was continued, pending the Jury investigation. * Lowe, who was in court, denied the charge. Hunter's charge came In nn incidental mannerl, Attempting to persuade the court to let him pay a fine to close th® case, he remarked that he would not have had to appear anyway If he had paid the officerSpecial Judge Thomas Garvin and Prosecutor Remy immediately questioned the defendant at length .upon the assertion, with the result that] Remy decided the facts warranted agrand Jury investigation. , J

PUMPS SAID TO | BE TOO SMALL Board President Gives View on Sewage Affair. Diversion of raw sc wag# from Broad Hippie Into White River, which threatens to result In closing of McClure Beach, ia caused by failure of the board cf work* to obtain, pumps large enough to force the sewage to the city sewage disposal plant, O. C. Ross, board of sanitary commissioners' president, charged today. Dr. Herman G. Morgan, city health officer, said h# trsuld await remedial action before closing the beach. Other White River municipal beaches appear to he in good condition. according to Dr. Morgan. City Engineer George G. Schmidt promised to operate the two pumps which have not been working for a year. He said the station was designed by C. H. Hurd, who built the city sewage disposal plant and who Is a ftgureiin a controversy In which board members are seeking to oust C. K- Calvert, head of the disposal plant. Ross said Hurd is not responsible for the ,failure of the plant's operation. PRESS PRESIPENT HERE Karl A. nickel Makes First \Tsifc to Local Bureau Since Expansion. Karl A, Blckel, United Press Association president, and one of the world’s foremost figures In new* collection and dissemination circles.! arrived in Indianapolis from Chicago i today on big first visit to the local] United Press Bureau since It* recant expansion. 1 The’ enlargement of the bureau here put Indianapolis on a par with New York, Chicago, San Francisco, London and Berlin as a news center, linking this city with those center*, by seconds, MAN, 68, , IS- MISSING Woman Re ports to Police That Albert Matheney Is Gone. i Mrs. Louis D. Slinger, 2406 NTalbott St., reported to police today that Albert Matheney, 68, whom she] took into her home and befriendedlast [December, is missing. Mrs. Slinger said she feared Matheney has become despondent and ended his life. ■—— £ | DRY AGENTS UNDER FIRE Bu United Preen ] SAN FRANCISCO, Jtily 22;—Indictments charging Col. Ned M.i Green, Federal prohibition administrator for northern California, and Nevada, with criminal negligence. Misconduct aryl appropriation ot seized liquors to his own use, will be sought next Monday from the federal grand jury, according f I reports confirmed today. MANSLAUGHTER CHARGED i Bu United Preen CELINA, Ohio, July 22.— Hugo Steiner of Berne, Ind.. was held jail today under SIO,OOO bond charged with manslaughter. Miss Clara Shearer and her shier, Miss Effle Shearer, were fatally hurt when their automobile collided with Steiner's.

We Pay Checking Accounts The J. F. WILD & CQj STATE BANK 123 East Market Street, I ndianapolis