Indianapolis Times, Volume 38, Number 67, Indianapolis, Marion County, 29 July 1926 — Page 11

JULY~ 29, 1926

PORKERS RULE 10 CENTS HIGHER

STEEL COMMON, GENERAL MOTORS HIT NEW MARKS Entire Mart Buoyant—Final Profit-Taking Checks Upswing. Average Stock Prices Average of twenty industrial stocks for Thursday was 150.33 no 860 Average of twenty rails, 114.4 u, up ooRu Vnited Pres* NEW YORK, July 29.—With the speculative' community aroused to high degree of enthusiasm over the remarkably favorable trend of the earnings of the principal industrial companies, stocks representative of these companies staged another vigorous advance today. General Motors' upswing Hook on violent proportions. This stock rushed ahead so fast that specialists, on the floor refused to accept stop„loss orders without being given im- | munity from responsibility for tlie prices at which they were\executed. Steel common also the highest levels of its history, while Texas Gulf, Sulphur and American Can likewise surpassed any price previously attained. Aggressive demonstrations also took place'in Allied Chemical, American Smelting, Mack Truck, Westinghouse Airbrake and various other representative industrials, keeping this division of the' market in a buoyant state until late afternoon, when prices receded somewhat on profit-taking. News emanating from the steel industry provided the background for Steel's impressive showing, the big Company's common stock rising to anew recorcThigh at IAS 1 /*, following publication of a survey of present steel conditions. The corporation's subsidiaries are operating on an average of close to 89 per. cent of theoretical capacity, a gain of one point since Monday and 2 points over a week ago. These units are expected to reach the 90 per cent level by Saturday.

Banks and Exchange

—July CO—hOCAL CLEARINGS Indianapolis bank clearings for today amounted to $3,521,000. Debits. $6,143.000. NEW YORK STATEMENT July 20.—Clearings. $832,000,000; balances. $87,000,000. FOREIGN EXCHANGE Ru Vnitcd Press NEW YORK. July 20.—Foreign exchange closed higher. Demand sterling, $4.85 13-16. off .00 1-16 c .francs. 2.40 V. up .01: lire. .3.27 %c. up .04%r; Belgium, 2.51 c. up .07 ije: marks. 23.80 c: Holland. 40.17 c: Russia. 5.15 c; Slianghaai. 70!*c; .-Yokahoma, 47.31 c-

In the Sugar Market

(By Thomson & McKinnon) NEW YORK. July 29.—Under the heading of "too much susar,” the Journal of Commerce this morninfr editorially attempts to define the troubles which have confronted the industry in Cuba. Governmental tariffs and bounties are (riven the blame. Os more immediate concern, however. is the ability of prnduciise and refining companies to market their suftar at more, favorable prices, under tlie existing . conditions. They are gradually working into a better position and 1 think you will see a reflection of this in the futures market.

Produce Markets

Eggs—Strictly fresh delivered at Indianapolis. 23. Butter hwhoiesaie prices) Creamery, best grade a pound. 41®43c: buying price or packing stock, 21@22c. Poultry Fowls, 23c: Leghorns. 19® 20c: ducks. 14® 15c. Cheese (wholesale ouylng prices) Wi constn Daisies 24® 25c: Longhorns 24® 27g: Lltnburger. 27u NEW YORK. July 20.—Flour—Dull and unchanged. Pork—Easy; mc-s, $30.50. Lewd—Easy: middle west. $16.65® 16.15. Sugar—Raw, firm: 96 test. 4.14®-4.21c; refined, firm; granulated, 5.70® 5.80 c. Coffee—Rio. No. 7, 10%c; Santos, No. 4. 22%'®22%c. Tajlow—Easy: specials to extra*. 8%®8%d Hay—Quiet: No. 1. $1 .45®J.pO; No. 3, $1.0.>®1.25. Clover — $1®1.45. Dressed poultry—lrregular; turkeys. 30®64e; chickens. 32®41e: canons. 40®52c: fowls. 17® 34c; Long 1-j/n.nds, 26c Live poultry—-Firm: geese, rrtiffloe: ducks. 16® 27c; fowls. 23® 27c: turkeys. 25c: roostgr*. 18c. Cheesf EasyState milk tommon to special. 22%®24eyoung Americas, 21 •% ®B2 Lc, Butter — * Steady; receipts. 13.336: creamery extras. L4o®4 0% c. -pccial market, 41®41%r " egg*—Firm: receipts. 2.654: nearby white fancy. 45®45%e: nearby State white. 32 ® 44c; fresh firsts. 28® 29%c: Pacific coast first to extras, 32® 43c: western ”I'. 30® 38c. Potatoes—Southern. $1.75® 4.50; Long Island, s4®; 4.50. CLEVELAND Julv 29. Butter—Extra ILL j. u & 8 s„ 4lc: pxtra firsts 40® 41c: firsts. 37% ® 38c; packing stock. 28c uii Eggs —Extra* 31 Uc: extra firsts. 30%c; firsts. 27® 28.-: ordinarv firsts. 27c. Poul try-—Heavy fowls. 26® 28c: Leghorn fowls. 21 W27c: Leghorn broilers. 26® "8c- _havy broilers. 35® 36c: roosters I, ® IW-: young ducks. 28® 30c: old ducks, ,8®:t0c: old ducks, 25® 27b: -5 1 ' 1 I® o -. Potatoes—Virginia, a barrel: Carolina Btave, $j.2.®3.50: Maryland. $4®4.25. Births Bov* T.aney and Minnie Cork. 644 Eddy. Charles and Elsie Overton. 410 3. Missouri. Robert and May Combs. 161 Douglass Ernest and Olivia Hamilton. 2426 Columbia. William and Lorene Wortman. 2810 Dietz. y Henry and Lillian Rose. Northwestern. Ralph and Stella Leonard. 1938 S. Merid'an. Claude and Mabel Moss. 1308 Milhurn. Harry and Mary Price. 824 Bradshaw. Georgo and Ella Parker. Christian Hospital, Ivan and Mary Sullivan. 1175 W. Twen-ty-Seventh, Roscoe and Mary BlaekbulV 430 W. Thirty-Ninth. Leslie and Nina Bonnet. 523 Leon George and MArgaret Russell. 2222 Barrett. Girls Sam and Pauline Vaughn. J 1403 Columbia. tr Jewel and Flogsie Young. 1236 English. F’a.v and Vera Felknor. 3209 School. Ray and Hazel Hendrix. 336 S. Lockburn. Deaths John IX Walton. 67. 2123 Highland PL, cerebral hemorrhage. Louise Granger. 73. 1417 Mill, nephritis. Rowland Moorman. 3j. 1123 E. Nineteenth. chronic myocarditis. Marie Brady. 32. 1648 Sheldon, mitral insufficiency. Fred W. Eppert. 60. 5411 Washington Blvd., arteriosclerosis. I Carrie E. Milner. 46, Methodiert Hospital. I carcinoma. Sadie Spillman. 80. Central Indiana Hospital arteriosclerosis. Johanna Dierking. 66. 28.34 N. New Jersey, acute cardiac dilatation. , Ella Kelly, 38. 1114 N. Miley. pulmonary phthisis. McDermott. 70, Long Hospital, enronie parenchimatous nephritis. Infant Bennett. 2 hours. 623 Leon, atelectasis.

New York Stocks iHv * MoHinoofi f

—July 20— . (All Quotations New York daynght saving time) Railroads— • Prev. j High. Low. 2:00. close. At/iiaon ..137 6, ... 136't" 137 Ats Cat L. . 21P % . 218 218% B & O 07 96 % 06 % 06% Canad Pac 10.3% ... 163 % 163 C& O . . 141 % 141 % JII % 141 C& NW . . 71 % . 71 % 70% C R 1 & P. 57 56 % 57 56% DeJ & Hud 163 ... 163 162% Del & Lae. . ... 144 Erie 33 V ... 33 •% 33 % Erie Ist pfd 43% . . 43*5 43% Gl North of 73 . . 72 % 73 Lehigh Val 89% K C South. 43% 4.3% 43% X3'i L Sc N ... 133 . . . 133 133 Iff K A T 36*. . . . 36 % 36% Mo PaeXpfd 01% . . 00% 01% N Y Cent . . 130% 130% 130 % 130% NY NH A- II 46 45% 45% 4.-.% North Pac. .72% . . 72% .72% Nor & VVn 153% 152'%* 152% 153% Pere Mara. , . ... 00 Pennsy ... .>4% 54 % 54 1 1 o4'* Reading ... 04% 03 % 04 04 % S Railway 118% 117% 117% 117% So Pacific- .106% 105% 106 106 St Paul A }O% St. Paul plrl 1 < % St L& SW 06% . 06 % 68% St L & S E 06% 06% 96%** % Union I’ac 153'% 153% 153% 1.i3% BULLISH TRADERS CONTROL WHEAT Corn Shows Fractional Gain , ' in All Positions. y Ru Vnlted Press CHICAGO, July 2s.—’The bulls had Another big day in the dheat pit of the Chicago Board of Trade when, tlisit grain elosetV sharply higher than Wednesday's today. Corn was up a good fraction in all positions, and provisions also showed a gain, but oats closed lower. It was a sensitive wheat market, and while the range was as great as Wednesday, all grains were held at the close. The market rose on the absence of rain in the Canadian northwest, crop news from that section being disregarded as much of the grain is being cut. Corn sold off early in the day because of deliveries on July contracts, but rallied with wheat to close % to higher. Wheat registered gains of 2% to 3*4 cents. July corn was being watched for posting of any further deliveries. Cash prices were a bit lower. Oats had a dull day, and closed Is lower on all deliveries. Little interest was manifested in this pit-. Provisions wrfe upon the higher hogs and prjees and commission house buying of lardi Chicago Grain Table WHEAT— ~~ July - 1) p r , r Open. High. Low. Close close July 1.44% 1.46% 1.43% J .46 % 1.43% Sept 1.41% 1.44% 1.41 1.44% 1.40’t DC CORN 148 1 45 ’ 1.47% 145% July 277% .78 % .76 % .78% .771* sept .85 .85% .84 .85 % .85 Dee 88% .80% .88 .88% .88 OATS— July .42% .42% .41% .42% 42% Sept .43 % .44 43 % .43% 43% f * JU RiBS 4S 1557 1 '' 1 " 1557 15*0 JubyA’ o trading 16 12 July 104% 1.05% 104% 1.05% 1304% Sep*" 106% 1.08 1.06 1.07% 1.06 Dec. 1.10% 1.12% 1.10% M 2% 1.10 % CHICAGO. July 20—Carlo*, receipts: wheat, 319; corn. 51; oats. 73; rye. 2. CHTCAGO. July 29—pAma ry receipt: wheat, 3,736.060 against 1.794 000 corn. 389.000 against 3oH 000; oats. 342.000 against 945.000. Shipments Wheat. 1.323.000 against 901.000: porn, 337.000 against 405.000; oats. 381.000 against 407.000. CHICAGO July 29 —Grain close Wheat —July.-tip 2 % n: September, up .3", e; Pe cembcr. up 2%c. Corn—July, up %<: September, up %c; December. up He Oats-—July, off %e: September and De cember, off %c. Provisions—Higher. TOLEDO. July 29.—Grain close: Wheat —No 'I 81.40% 0.1.41 % . Com—No 2 88% ih 89 '/■■>'. Rve—No 2. $lO9. Oats —No. 2. 4047 e. Barley—No 2, 70,• Bid ter—4o® 43c. Eggs—2B® 29c May CHICAGO, July 29.—Cash grain elosp; Wheat.—No 1 red #1.44 %® 1.45% No. 4, $1.40: No. 1 hard $1.44 %W 1.46: No 3. $1 44% 1.45% No. 3. $1.42. Corn— No. 2 yellow 85% Hi 85 %c: No 3. 83 *, fa' 84c; No. 4. 82ct No. 5. 86: No. 6 75® 77130; No. 2 mixed. 85c. No. 3. 82%e: No. 4 80c; No 6. 73c; No. 2 white 83 HI 86c: No. 3. 84 Hi 84 Vi c: No. 4. 83c; No. 5, 79%c. Oats—No. 2 white, 43®45%c: No. 5. 436i41%c: No. 4. 4,3%r: standard. 39c. Barley—73® 76c. Rvr No. 2. 81 OR*'.. Tim0thy—55.7506.75. Clover—sl2 028.,

Local Wagon Wheat

Local grain elevators are pajlng $1.26 for No. 2 red wheat. Olner gra.lt* ars Purchased on their merits

Commission Row

Prices to Retailers / Fruits Al?hljp*“"_T r enspat-t‘nt9. 40 pmind basket. 51 ..Jo@l,ii> Early Harvest. sl.mf: LiveOwn. raspberry. $3: fey Gravestein. box^ H.-Ulianas—B%e lb @375 iC *~** G " 24 54 Dt - crt - 53.50 Cantaloupes—Arizona. and> Arkansas, flat crt $1.25 @lo 0; ■ pony crt.. $2.50: standard crt., $2.75® 3.25: jumbo crt.. $.3 ®3.00- honey dew melons, crt.. $2.50® Indiana flat crt.. $1.25: standard Cherries—Michigan, 16-qt. crt.: $.3 ..Firaages—California Valencia. crt.. Sc®6.\ , Huckleberries—l6-qt. crt.. $4. Gooseberries—lndiana. 24-qt. crt.. $2.76 @.l. Grapes—California, seedless crt.. $1.75 @2: Malagas, crt.. $1.7502. Grapefruit—Californljj, half box $3.76 Demons—California, box s6® 6.50. Limes—lmported. 100. $2®2.60. Peaches—Albertas. $2.05® 2.75. Elbrrtas. Oil !l. t Raspberries—Red. 24-pt. crt.. $4.50® 4.75: black. 24-pt. crt., $2.75(1/3. Pears—California Bartlett, box. $2.50® -.75. Plums—California red. crt.. $2Q2.25: blits, crt., $2.25: yellow, crt.. $2. Watermelons—Florida. 00 0 65c. Vege, -j|e Beans—H. G„ green, bit., $1.50® 1.75. Beets—H. G.. doz. bunches. 35®40c. ' Cabbage—H G.. 100-poundjbl.. $1.50. G. doz bunflftes. 10 045 c. Cauliflower—H, G.. crt.. $3®2.50. Celery—Michigan, crt.. $1.23. CoKp—H. G. doz. ears- 25® 30c, Cucumbers—H. H.. doz.. 75c®$l. Garlic—New Louisiana, lb.. 15 0 20c. Kale—Fey spring, 65 075 c bu. . Lettuce—Western bead. <yr|A $4,76 0 75c ' H ' ,eaf * 4 ®' [,ountl basket. 55® MangoesX-Louisiana. hmn.. $1.25. Mushrooms—Fancy. )bs.. 75c® ST. / Onion—Kentucky yellow. 100-pound hag. $2.50 02.75: H. G. yellow, bit.. SJ .50 L-. 9; *o*l Joz- 30035 c: Spanish crt.. $1.7501.90. Parsley—Fancv H. G.. doz„.-75®90p Peas—New York telephone, bmp.. $1.50 0 1.75. H .- 9- lons red doz - bunches. 3®.30c: H. G button, doz . cO®oOc. Spinach—H. G.. bbl.. $101.25. Squash—White summer, bu.. $1.50. Sweet Pot at ins—Alabama bmp.. $2.75 0 -3. ..Tomatoes —H. G.. 20-pound basket 2o® Boc. Turnipa—H. G.. bu.. $2.30. Potatoes—ldaho, per cwk $5; Virginia cobblers bbl., $4.2604.50: Kentucky cobblers. 100-pound bag, $3.7504. CHICAGO FRUIT PRICES CHICAGO, July 29.—Fruit prices: Ap-. Dies, basket. $1®1.20; blackberries,-.case, $2®2.00; blueberries, case. $3.00®4: cherries, case. S2O 3: case. S2O 2.00. gooseberries cage. $202.75: peaches, crate. si.t>o® 2..>0; pears, box. $1.60: plums, case. $lO 1.25: red raspberries. 24 runts, $2.25® 2.50; strawberries, case. $2 @2.00.

■v * Wabash ... 43 ... 43% 411, "I&SUii 74 * /791i v 741 ‘ 74 JS -it% ,??j M Goodrich ..49%' 48% 49% 48% t sp% loj * >:• 105< > U S Rubber 58% 57% 58 58% Equipments— A C and F 101 106 % 101 99 % Amcr Loco 104% 103% 10-l* Am Sti Fdy 45% 44% 45 44* 1 Bald Loco 12P% 118% 120 I*l , Gen Elec . :350% 354% 356% 354 Luna . on N Y Airbk. 38% . . .38% %8 % Pullman .180% 179 179% -180 Most Airb l::2 130 1.92 130% IVest Elec 70% 68% 60 % 69^* Steels— Bethlehem. 49% 45 46 46% COIO Fuel . 43% ... 44% 43% Crucible .. -73 ... 74 74 ij Gulf Slates . . -. . . - . 77 2 PRC .& 1 38% ... 38% 38% Repuh Steel ..B', 38 58% 58% Sloss-Shef. 131 ... 13” 4 1 ,gi* H S Steel 145% 142% 145 143 Lnio'i Alloy .14 % . 34 34 Vanadium. 36% 36 36% 35% Motors— Am Bosch 21 20% 21 20% Chandler . 28*. 28% 28% 28% Chrysler... 35% 34% 35% 33 % Dodg: ...31 ", 33% 34 34 % Gabr-I .. 3.' % 32% 32 % 32 Gen Motors 188 % 18l 187% 179 Hudson (it. % 62% 62% 62% Hut'P 21,, 23% 24 23% Jordan ... 23% 23% 24% jsk 124% 123% H 2% 123% ■Martin-Pry ... .• . w 22 Moeti 2.3-%. , 23 >N 23% Nash. ... 55 % 54 % 35 54 % Packard ... 42", 43 42% St udei>iila' 34 % 53% 54 53 Stess-Warn 75 ,4% 75 74% Timken . . 60 59% 60% 59% Willys.Over 39% 2R%ff 28% 28% White Mot 60 \ 57% 60% 58% Mining— Am Smelt 134 % 133% 134 - 133% Anaconda. 50 •" 50 50% 50% CetTO D P -*7O. .. 69' j 69 lot Nii-kel 39*, 3.8% 39 .39 Kennecott . 56% ,‘61% 56 % 56% Tex G & 8 169% 167% 168 167% U S Smelt . ... ... 40 % Oils— Atl Rfg. . 112% 111% 112% 110% Ci! Petrol . 33% . . 33% 33% Freeport T 32% 31 ", 31 % 31% Gen Petrol 65% 6,1 % 05% 61 % Houston ... ... 59 % Ind 0i1.... 24", 24% 24 % 24 Marland Oil 59 58 58 % 58% Mid-C Pet.. 31 30% .30% 30% P-Am Pet. 69 69 , 68 P-A P (B) 69% 68% 68% 68% Pacific Oil ... 1 % Phillips P. 48 47 •% 47% 4J% Unibn Oil.. 54 *, 53*, f>4 % 54 i’ure Oil , 27". ... 37% 27% Royal DuU. 50 % ... 50 % 50 % Sinclair.... 21 .y. 20’, 20* Skelly ... 33% 33 33% 28% S Oil of c 60", 59% 150 60% 9 Oil of N J 45 44 ** 45 44 % Tex Com. 54 % 53% 54 53% Tr Petrol. 5 % ... 5 % 5 % Industrials— A Rumely ... ... ... 13 % Allis Chal. 91% 89% 90 A lied Ch.. 132", 130% 130% 128% Arm (AI . . . . . 11% -Amer Can . 61 60% 60% HI % A H&I, old 34 % ... 34 35. Am Wool. 24% ... 24% 23% Cen Leatli ... ... ... 8 % Coco Cola 161', 160% 161", 160% Cont Call. 84 ... 83 83% Certainteed . . ... ... 47 % Davidson C 37% 36% 36% .37% Duponl .. 277% 268% 272 268 % Fam Play 117% TIR 116 117% G Asphalt. 69% 68 68% 07% In Comb E 54% 63% 54 54", lilt Paper 51 ... 51 51 Int Harv. 1.30 ... 129% 129', May D S. 121 120 121 % Mont Wd. 71% —'71% 71% 71% Natl Lead ... ... . . 160 Owen Bot ... . . 72 Radio ... 42% 41% 42 4.3 Rem Type .j. ... 115 Searsßoe. . i>4 % ... 54 54 % United 155 - 155 151% US C I P 24 1 2.38 239 237 C S In Al. 55% 85%, 166', Woolworth 166% ... 165% 163% Utilities— Am T* T 142% 142 14: % 142% Brklyn M 61 6.3% o\% 63% Col G & El 84% 84% 84% 84% Cons Gas 101% .. 103% 14r3% N Amer Cos 54% 6.3 % 55 5.3% Peoples G. .. . ... ... 121 Phifa Cos ... . . ... 70% S Gas t El 54% 54 % - 54% 54% Wes Union 146 ... J 46 145 Shipping— \ Am Int Cor 33% 33% 33% 33% AmS &C. 8% . B%' 8% Atlantic G-. 41 30 30% 41V In M M nfd 32 . 32 31 % United Frt 113% ... 113% 113 Foods— Am Sugar..B9% 68 68 97 Am Bt Sug ... ... . . 23 Austin N.. 12 ... 12 12 Calif rkg . . 141 Corn Prod 45 41% 45 44% Cuba Am S. 2.% . . 25% 25% F'leischman 49% 48’% 49 49 Jewel Tea • J ■ ■ 37 % Nat Biscuit 94 93% 93 1* 93% Postum .104% 102% 103% 103 Ward B (B) 33 32%. 33 33 Tobacco*— Am Tob 122 ... 122 121 A Tob (Bl . . 120 % Cons Cig . . 71% ... 69 % 70 Lori Hard .. 33% ... 33% 33% Tob P 'Bl 194% U Cig St . 97#i ... 97 97% Schulte RS 46%

In the Cotton'Market

(Bv Thomson 6r MeKinnon) l NEW YORK. July 29.—The ad' ance 'of 20 points Wednesday was a result of the great storm now eommg up the Atlantic coast Heavy rains in >rw Mexico wore said to be coming into Texrfw. but tlm. I doubt. Rains in Georgia ami the Carolina* will be beneficial. Unless December goes above 18 cents. I* would not make new purchases. Above thati price spinner* may begin to buy for fear the market will get away 'rotn them. THIS THIEF WAS CLEVER Unis Stirkpin From Tie as Negro Sleeps, Police Are Told. Some clever thievery was reported to police Wednesday nipht. Thomas Carpenter, Negro, 839 Camp St., told police that while he was asleep in his car, parked at his home, some—one cut _ his diamond stiefcpift, valued at J 65, from his necktie. • . i Efifiy> Senate Ave., left her home a few Vninutes Wednesday a sneak thief entered and took a watch and $135 from the pocket of her husband's trousers, which were laying on ? chair in the bedroom where lie slept. ICE BOX MURDER Ru Vnited Press MIAMI, Fla.. July 29.—The almost nude body of Raymond Smith, 25. truck <flHver, was found stuffed in tho bottom of a huge ice box unloaded at a warehouse today. -The body was on the bottom of the box with arms extended. Bruises were found on the head and shoulders. 300 PRISONERS MUTINY Rii United Press WARSAW, July 29.—Thrtfe hundred prisoners mutinied in Graudenz prison, according to a dispatched receiyed today, but finally were subdued after an attack on armed police in which many of the mutineers were Injured. QUICK TIRE OUTPUT Tires may get cheaper, as a result of a speedier process of wrapping fabric on casings developed at a large rubber plant in Massachusetts. The new machine wraps 90 tires an hour, 18 times faster than an expert tire maker. *■ ' FABRIC BODIES RULE ' The annual body competition held In Paris recently showed the prevalence of fabric leather bodies in that country. There were also eral types tjf convertible all-weather bodies. * i* THE FUTURE AUTO America's future automobile will be of the present small racing type, aserts Tliomas J. Little, Jr., president of the Society of Automotitve Engineers. But they’ll have tQ be comfortable, too, he adds.

THE INDIANAPOLIS TIMES

Receipts Estimated at 4,500 Hogs—2,Bß3 Holdovers. \ HOG PRICK RANGE July Bulk Ton Receipts 23 12.90® 14 00 14 25 5 500 24 13.15® 14.25 14.40 3.000 26. 13 15® 14 25 14 40 7 500 27. 13.00® 14 15 14 35 9 000 28 12 50® 13.50 13 90 9 000 29. 12.85® 13.85 14 ot> 4.500 The how market ruled 10c higher in trading today at tne Livestock Exchange, l.ight receipts estimated <at 4.500 hogs, was the cause of the bps wing in prices. Hogs numbering 2.883 were held over from thd mid-week session and adTT?ci to the total fresh offering in the pens. Lightweight material brought the top price of sl4 and the bulk of the offering moved to the scales at $12.85@ 13.85. Pigs were unchanged at $13.50® 13.75 and sows were sold at [email protected]. Hog Price Scale Matured hogs Aveighing 160-180 lbs. were sold at $13.85; 200-210 lbs.. lbs., sl3'ao; 220-235 lbs., 250 lbs., $13.10; 250 275 lbs.-; $12.85: 275-300 lbs., $12..50@ 12.fr*. steady to 10c higher; 300-325 lbs., $12©12.10, steady to 10c higher, and 32-5 lips, and up, $1.75@11,83, steady to 10c higher. The cattle market was fully steady with a run of material estimated at 700 bovines in the pens. The lightreceipts checked any too drastic down treyd might hßve been in evidence. Steers were pricetl at $6 @lO 50; $5.50@7. Calves Are Higher The calf market was steady to 50c higher than Wednesday's closing quotations Best Abaters /brought the fop price and the bulk of the offering was sold at the flat price of sl3. Receipts were estimated at 700 vealers and the run moved to the iscales at an early hour in the morning. The sheep and lamb market opened weak and closed 50c lower to steady. Lambs were quoted at s9® 12.50, representing a 50-ecnt loss from the previous day's quotations, were Rnrhanged at $6 and down; bucks. S3W4, and choice breeding ewes. s7@9. The run was estimated at 600 ovlnes. floKH 160-180 lb* ?IX.RS® 14.00 180 200 lbs 13.95 200-210 lb* 13.60 210-225 lb* 13 50 , 225-235 lb* Lit .35 \ 235 250 lb* 1310 250-275 lb* 12.85 .75-300 lb* 12.50® 12 60 300-325 lb* 12.00® 12 10 323 lbg And up 1173® 11.85 ■ Ctltf* Prime ycarlinzs $lO 00®1(I56 Good to rhoii-e fat i-teer*.. 9.00® 9.7.) Common to medium steer*.. 8.00®? 0.25 Baby beef ..... 9.50®10 oo Common to medium heller*. 7.00® ROO Cos* ....tT. 5.30® 7.00 —Calte*— Beat real* sl3 50 Bulk of *ale* 13.00 Commtn to medium 00® 12 00 . —Sheep and lamb,— Lamb* . $ 9 00® 12.50 Buck* 3 00® 4 00 Sheen 6 00 down Breeding ewes 7 00® 900

Other Livestock CHICAGO. July —Cattle —nec<MPtt. 8 006: bv-r trsd)- st'-sdy: <>ni" action on Tfirlingß Jjravie* slow to NOo lower: fra t**r ,$K2.> 09 56 yearlings $10.2.: hravlrs. $9.50 bulls weak. 25c low-fr vralrrs *l**6)- at $l2O 13.50 Bhcp Receipts. 12.000: (on lambs steady to weak: no westerns sold: native*. $13..'0 to packers; $14.15 naid for ewe and winter lamb* b/small killer* culls slow . $11.50 : sheen steadv: fat ewes. 50 50 0 7.0; breeders, $8 50: aged wethert). $b- marling wetbeiy. SILO lie 70-pound leeders steady at sl3. late Wednesday 25c lower than Tuesday. 64 to H 7 pound kinds sl.3® 1.3.25: heavies down to $12.50. lings—Receipt* ‘’5.000: mg*Set steadv to 10c lowCr: top. sl-L<->: bulk. SIO4OO 13. heavyweight*. sll 8> 12 90; mediumweights. $12‘2.®1 -1 60: light weights sl3® 13.762 light lights. $9 60At 10 50: packlPg sows. $l3O 1H.6.. BAST ST LOUIS. July 29.—Hots—Receipts R. 500: market strong to 10c higher: 250-350 pounds. $12215® 13.25: 200250 pounds. * $13.10® 13.65 100-200 100-200 pounds. sl3 400 13.80: 150-160 pound*. $13.00® Id.9U: .90 130 pounds. sl3® 13 75, paolui'g w*s. $9.85(n 10 .>O. Cattle—Re) riots 87200: market. steers strong and steadv; top. $8.4009; beet steers, $7.5009: light yearliug* ami lirtfrt-s. $4.500 5.50: beef coWs $-...>0® 4.25: heavy i-Dlves. $6..>00 8: bulk stock and feeder steers. $5.750 0.75. Sheep— Receipts.' 1.500: market, lambs strong to 25c up: ton fat lambs. $13.25: bulk fat lambs. sl.3® 1.3.25. bulk cull lambs. $8.5009: bulk fat ewes. s*4® 0. , EAST BUFFALO. July 29.—Cattle— Receipts. 350: market aotive. 2m- higher: shipping steers. $9010.25: butcher grades. S7O 10.35: cows. $2.2dti6.i5. CalvA Receipts. 200: market active, steadv; cull to choice, $4 017.55. Sheep and lamb*— Receipts. B<k>. market active, steady; choice lambs. SI 3® 14; yearlings. s7® 11 AO. sliced, $.3.50 09. Hoga^—Receipts 1.280 market light, active steady: \orkcMh $14.50014.75: Pigs. $14.o0; lyaVies. $7 @ 8. CLEVELAND. July 29.—Hogs—-Re-ceipts. 8.500: marklc slow. 15. lt Lnc lower: Yorkers. $13.750 14. mixed J 11.50 14; mixlium. $12.50015. Cattle—Heceipts. 350: market ®eady: steers. $-0 10.50; good to hoffice heifers $8.50® 9.50: cows. $3.50 0 6.50: and springers. $35080. Sheep amr lainlts Receipt* 300: market steady: top. sl4—o. U, July 29.—Hog*— Receipt*. 600: marfet. loe higher on lights. *>so ‘l5O 111* sl2 7.>0 13; 200-2.>0 lbs., sl3 50013 90 100-200 lb*.. *14.25® 14 65 130-160 lb*. $14.50® 14 65: 90130 it*. $14.50® 14.65: packing sow* s9® 10L25. Cattle —Rernlpt*. 2->.markyt Sow and steadv: beef steers $10010.26, vealer*. sl4. Sheen—R'ot*t<s >00: market steadv. top fat lambs. sl4. F TOI,F.DO. July '29.—Hog-—Receipt*. 800 market. 2.>@ 40ic lowr: ht-aviea, $l2O 12.50: medium*. sl2.)>o® Id: _Vorker* $1.3..V>013 7o' good pic. $13,750 14 Calves— Receipts.- light market, strops** Shorn and lMrrtbs— Receipts, hfcht market, lower. TWO ARE GIVEN TERMS Appeal of Auto Thief for Another Chance Is Fruitless. The appeal of Nelson Shearer, 2fi, clytrged with vehicle takinK, for another •chance to make good, proved fruitless before Criminal Judge James A. Collins today. He was fined SIOO and sentenced one to fourteen years at the Indiana Reformatory. Shearer was found guilty of being in possession of the automobile of Denny Anderson, 1517 Burdsal Pi. George McNeal of Harrison, Ohio, was given a SIOO fine an*f sent tT the Indiana State Farm for six months on a tharge of stealing the automoßUe of Larry M. Harrell, Pu rltan Hotel. SEES CAL % A CANDIDATE Administration Writer Makes Anhouiiceinent. Bu Vnited Press i PAUL SMITH'S, N. Y., July 29. The first authoritative indication of President Coolidge's third term candidacy was made today when Richard "Washburn Child, administration writer and former diplomat, declared that the President's entrance into the next election was "a matter of general assumption.” Child has been, the gues) of President Cooiidge at White Pine C*jmp and has \eld lfffigthy conferences with him since his arrival.

Gone, but Not Forgotten

Automobile? reported stolen to police belong to: Elmer Coffey,, 618 N. Delaware St., Ford, 17-477, from Riverside PfErk. C. B, Helm. 1259 Shelby St.. Chevrolet. 500-002, from in front of that address. V. , Ben Finklestein, 618 Is. Capitol Ave.-, Ford, from rear of 616 N. Meridian St. Carl C.''Meyer, 2111 N. Delaware St., Chevrolet, 21-011, from Delaware and Washington St. * % Sherman Rufus tVatkins. 1037 Maple St., Ford, 25-915, from 225 W Washington st. Orflfer Hardy. 2159 X. Illinois St., Ford, from Ohio and Delaware Sts. TAKE MOTORMAN AND BUS DRIVER ~ \ — Both Charged Following Crash. Police today arrested both Walter torman on a Colllege Ave. street car, and Frank Wilkinson* 26. of 2737 Cornell Ave., driver of a Peoples Motor Coach Company bus. on charges of violating a tragic signal, though Layne admitted that he started his car across Thirtieth St. when the traffic signal light was "chaflge," Wednesday night. Tire car anil bus oolllided. Asa result of the crash. Theodore Kunkel. 23, of Apt. 44, Argeline Apt?., 61, N. East St., was arrested on a charge of violating the antipicketing ordinance. He is alileged to have callled Layne a No one was hurt in t.iie accident. Some witnesses alleged was intoxicated. He was handled rather roughly by bystanders, it was s7id.

OLD FARM ROOMS MAY BE UTILIZED (Continued From Page J) the county commissioners announced had decided to renovate the structure to make it last another year. The first two floors of the structure are jammed now. As. ninny as six men share, rooms 16 by 20 feet. Eighty-seven women are crowded into quarters for seventy-five. Declared Fire. Trap For years the structure has been declared a fire trap. The county grand jury, in its last report, recommended it be torn down. The rooms are "dingy with age and unfit for occupation even by the stranded human- beings who are forced to live In them,” the fcrand jury’s report said. i Tlie council appropriated the money for tearing down the building. hut neglected to provide a place for the inmates, who are quartered on tlie first apd second, floors. The top two floors are the ones that will be renovated under ahe commissioners' plans. They are in a far nior& deplorable condition than the rooms criticised by the grand jury. > ' Should Tear It Down According to J. V, Carter, superintendent. the best way of solving the problem would be to tear down the old structure, use the material for additions to the modern structures at the farm and house the inmates in a tent while the construction is under way. As commissioners have no definite plans for,the repairs, the aged In mutes housed in the oid building, a four story brick structure, wilj be forced to' live in conditions which the grand jnry branded a disgrace to the county, for' several more months. County council. <*hlch does not meet until September, niust appropriate fuilds-Jor the Farm Overcrowded Tlie farm gradually ig being overcrowded, according to Councilman Otis Dodson. Dobson declared the township trustees are responsible for sending the large number of inmates to the institution. About 70 per cent of them come from Center Township,. J. .V. Carter, superintendent, said. There are now about 320 inmates ip the institution, which is more than were housed there last winter. Carter said. About 160 of these inmates live in the first and second floors of the old building, it was said. "It's a shame the way that institution is being loaded with people,” said Dodson. "When the council ap propriated tlwt money it was with the understanding that the building should be torn down at o'nce, out after b’elng out there I find it can’t he done. We must now appropriate money to make temporary repairs to take care of this influx.” Fart Beyond Repair Carter said that the third and fourth floors are beyopd repair. During \he winter it is impossible to heat all of-%he-old building, he said. Councilman George Montgomery declared the old building should be razed now. He declared that, in view they have been condemned and are fire traps, that they should not be considered for further use. MAN TRJES SUICIDE Shoots Self Through Chest—Despondent Over 111 Health. Albert Anderson, 33, of 2235 Northwestern Ave., is in a critical condition at city hospital today with a, bullet wound through his chest, the result, police say, of a suicide attempt at his home late Wednesday. Despondency over ill health and inability to work, were given as the motives. Anderson fired the bullet from a 32-calibre gun. WOMAN TAKES POISON Found in her home suffering from the affects of self-administered poison,/ taken with suicidal intent because of witty her husband, police early today sent Mrs. Ruth Bennett, 21, of I*4ol N. Alabama St., to city hospital, where it was said she will recover.

$75,000 LOSS IN ' MORRISTOWN EIRE f Company From Here Helps to Fight Blaze. Fire, which for a time threatened to destroy the business disyict of Morristown, Ind.. twenty-five miles east of Indianapolis, was still'burning today in the Allen A. WillAn son and Company lumber yard. One wag destroyed and the lumber yard antNsevernl 'other residences were badly by the blaze, which caused a total damage e*tiniated at $75x009. . It waysaii; that the fire originated either in the lumber" yard or in a coal shed of Bert Ufiger, whose I house and barn were destroyed. Firemen from pumper company 15. Indianapolis; Rushville, New Palestine and Cartilage aided the Morristown department. The -blaze,"tvhich could be seen for several miles, attracted many persons, who helped keep the flames from spreading by forming bucket brigades, lmck of proper water connections /hampered the firemen. It was said at origin of the firc_ would be thoroughly investigated, as recently a thrashing machine, which had never been operated, was destroyed by fire of mysterious origin.

CAR MEN DECLARE STRIKE TOGO ON (Continued From Page 1) ploymeut of the company, but Y°ti have m right to interfere with the rights of others to riile ,on cars.” Judge Baltzell told Fade. The following men will be sentenced by Judge Baitzell Friday: Armstrong. Parker, MeTvin McNew, ! Everett Tally, Joe Wiggington. Fade, Edgar Day, John Frakes, Everett j Ellis and Russell Bane. Two men. cited for contempt, have not bepn apprehended. Thbse turned above have either pleaded guilty to the contempt (Marges or have found guilty either by Vhe court or' a jury. Papers requesting that Harry. Boggs, president of the local car men's union, be brought here from Parkersburg, IV. Va., were sent this morning by United States Attornej Albert Ward. Boggs, apprehended Wednesday, also is charged w ith contempt. The bill es information was included In papers sent. The United States commissioner in W. Virginia will decide whether or not Boggs will-he sent back here, it was said. Baltzell found Parker and Armstrong guilty late Wednesday. They were charged w*ith violating the in\ junction of July 3. which prohibited j them from interfering with the o'per■ation of Indianapolis Street Railway 'cars. The strike was called the-qiorn-ing. of July 5. " * v Petition for the appeal and moves to obtain'the bond will be the defense's play in FederaC Court b riday Edgar Day, ptriking car employe, 2241 Kenwood Ave., was found guilty of contempt in a jury trial Wednesday afternoon. The jury returned 'after eight minutes’-* deliberation. Day was charged with holding a. meeting at his house, where various act.▼of violence were planned. Based on Speech *>*. Conviction of Parker and fAtnistrong was practically based oti speech made by Parker at the s'rike vote meeting, July 5. Judge Baltzell took special note of Parker’s talk in which he spoke how many injunctions l.e had at bis home and that he had read more of them than street car company attorneys and the court. "These men have made some broad statements in their speeches," the court stated. "I don’t see how any lawyer can honestly say there was no vioffttion of the injunction in these speeches." As soon as the court's finding was made, only a few minutes after the close of the case, William C Bacheider, counsel for the men, asked for bond. Ward was on his feet immediately objecting to the move. "These men are directly chargeable for violence,” Ward declared. "Thatt is not an issue in this case,” the court corrected. Given to Marshal "If these men are released their will contintio to encourage strikers and intend the meetings,” Ward declared. "They liavs once flouted the court’s order. this they have forfeited thpir right to liberty." The court then pronounced that the men should be taken in the custody of the United States marshal, Linus P. Meredtith', and held In jail without bond. Farkecjs speech at the meeting was read In part as evidence for the defense, by Norman Metcalf, shorthand reporter, who was called to the meeting by the union organizers. Russell and Joseph Fort, employed by Parker and Armstrong, to organize the men, testified that Parker and Armstrong made no remarks to the union men about taking employed men from the street cars and being to the meetings. The Fort brothers, declared from the witness stand that they were discharged from union employe July 3, the day when the injunction was issued, and had received ho remuneration except, $5 each in strike benefits, since that time. 1 Discharged by Organizers Curtis Johnson and Jesse, Young', employed by. Parker and ACmstrAg. who the defense showed to be stool pigeons for tlie street car cOmpftiy, said they had received a letter of discharge from -44ie organizers, but were told "it was really a pretense.” Tlie Forts declared they were witnesses to the discharge of Johnson and Y'pung. and Parker and Armstrong made no references to the letter being mexely a pretense. ■ Other defense witnesses during the afternoon denied testimony of Government witnesses, that any effort was made by • the leaders to incite the men to take a strike vote. Young and Johnson testifled- they

Car Union Leaders Found Guilty

%-.T

John M. Parker (above) and Robert Armstrong (below) vice presidents of tlie Association of Street and Electric Railway Employes, found guilty of contempt of court by Federal Judge Robert ( . Baltzell. They are* said to have violated a Federal tfljuiiction proiiibitling them from interfering with operation of Indianapolis Street Railway cars. The two men, now in jail, will appeal from the judge’s Decision.

were told to get five or six "peppy men" to work the crowd to a high pitch and then railroad the strike vote through. Johnson said he had interpreted the injunction tp mean any one who had knowledge of it was restrained from interfering with the operation of street cars and that he told this to Parker and Armstrong, who told him "to keep thoughts like that to himself.”' said ho objected to the strike vote at the meeting. He and Young said they had not attended any meetings since the strike was called, but up to that time they had informed the street car company of the strikers’ moves and had been on both pay rolls. In the trial of Day, it was shown that a meeting attended by about thirty men was held at his home the afternoon of Sunday, July 18. If tyas testified that the men gathered into groups and laid plans for violence and that later tlie same evening some threw spikes and stones at street cars and attempted to shortcircuit a trolley wire oir the G.irfleid Park line. SPEAKS AT CLUB CAMP Stump Tells Boys and Giarls of Rural Opportunities, Part of the compensation for labor is to be found in the. laborer's sense of triumph in achieving increasingly splendid results In his field of endeavor. Albert Stump, Democratic candidate for United States Senator declared today,*speaking before the Fountain County Boys’ and Girls’ Club camp today* "How fortunate you are, if in the days of your youth, you may enrich the very labors of your hands in rural scenes, by adding to them the possibility of that thrill of triumph in excelling your own past accomplishments," he said. RATE INQUIRY MS ASKED Petition on Iron anti Steel Freight Costs Presented. R. B. CoapsticV traffic manager of the Indiana Sjate Chamber of Commerce, in a petition on file with the public service commission today, asked that the commission investigate freight rates on iron arid steel to and from Indianapolis. R. D. Armstrong, attorney for, W. J. Holliday A Cos., indicated that the company would join with the Indianapolis Chamber of Commerce In requesting the service commission to give the petion of the State Chamber of Commerce special, attention. OFFICER'S WIFE DEAt) Mrs. Leia Church Had Been 111 Several Months. Mrs. Lola Church, 40. wife of Patrolman Everett F. Church, died at her .home, 414 Ruskiti Pi.. ' late Wednesday. She had been ill several months and* recently underwent an operation. The bodV will be taken to Elizabethtown, Ind., the place of her birth, Saturday, where servfces will be held and burial made. Besides her husband, a daughter Frances, her mother, Mrs. Physlllis Elba, of this city and two sisters, Mrs. R. V. Anderson of Seattle. Wash., and Mrs. O. D. Thomas of this city survive. ROAD PLANS APPROVED State Tax Board Takes Aotion on Jay County Proposals. The State tax board approvetKplans for the Solomop. Ankron Rd. and the David Roderick Rd. in Grden Township, Jay County, and directed the county commissioners to advertise for bids. If proper bids are received, bonds will be authorized. The-cost Ankrort Rd. was estimated at $10,690 and that of the Roderick Rd. at $7,349,98.

Cl&yf EXCURSION *o9** WW. SUNDAY, AUGUST 1 DECATUR, ILL., $2.75 SEE BEAUTIFUL LAKE DECATUR Visit .Turkey Run—lndiana State Park—Marshall—sl.3s , Train leave* 7 a. m. Reluming, leave* Decatur 6 p. m. One Fare Round Trip to All stations on-C., I. Si W. Saturday and Sunday. Return up to and Including following Monday. City Ticket Office, 114 Monument Plaee or Union Station Per Information, Call MA ifi 6404 or MA In 4567. _ :

PAGE 11

POINCARE’S TAX PLAN ADOPTED Frapc Continues Its Slump, However. Bu Vnitcd Press % PARIS. July 29.—The chamber of deputies find nee committee today adopted Premier Poincare's project for increasing taxation and rehabilitating French finances. The rote was 19 to 13. Poincare will go before the enttre chamber tomorrow ■mm to -'seek enactment of his projects into law. The cabinet today approved a measure providing for government control of i,vh® at > including present stocks. \ Meanwhile French currency continued its alarming slump. Shortly after the opening of the Bourse, the franc was quoted at 209.25 to the pound sterling and 42.95 to 'the dollar. Wednesday's closing prices were 202.80 and 41.70, respectively. SMALL GAIN AT LONDON Rn Vnitcd Press LONDON, July 29.—The French ( franc opened on the Bourse today at, 21012 to the pound sterling, but inter,) rose to 208%. Belgittn francs were, quoted at 203 and Italian lire at 151 %• to the pound. * • L A

QUITE A RECORD BEDIND THIS MAN Remy to Insist That Megro’s Six Bonds Be Boosted. Si Wilbur Shacklqtt, 35, Negro, 630 E. Wabash St., who lias had two criminal convictions affirmed by the State Supreme Court, and now has four charges pending against him in Criminal Court must answer a transporting liquor charge before Criminal Judge James A. Collins, Friday, At liberty tinker six bonds, Shat-k----lett has riot yet served time on tlie second Supreme Court appeal—one to fourteen years in Indiana State Prison for receiving stolen goods. Other charges in cases' pending against the man are assault and battery with intent to kill, speeding, and failure to display auto certificate. Prosecutor William H. Remy said he wcfuld insist that all Shacklett's bonds be increased. THINK THEFTS TOLVED Four Men Held—One Said to Have Stolen Auio Accessories. Theft of nearly s'l,ooo worth of auto accessories has been solved with the arrest Os four men, taken by detectives in their investigation of an auto accessory theft ring, it was said today. John Mlllirons, giving his address as "city,” is held on petit larceny and vagrancy charges, and Arthur Skidmore/540 King Ave.; Ray Fowler. 1236 English Ave., and Charles O. Talklngton. 942 Sanders St,, are charged with receiving stolen goods. It was said that Skidmore a,nd Fowler who operated a tire. Store’ at 540 Virginia Ave., would buy tir.es, stolen by Millirons, and sell them. Talkingtnn is said to have purchased a stolen tire. DEMOCRATIC COUNCIL County Group Mill Keep In Touch Willi Opinion of Yoters. s To keep in close touch with the opinion of voters during the coming campaign, L. J. Keac.h, Marion Couht.v Democratic chairman, today anffoun cod appointment of a county candidates’ advisory council. ■ Fifteen candidates will compose the council, of which W. D. Headrick, nominee for Congress, is chairman, and W. H. Flanders, a legislative candidate, secretary. Other l members: Sdward P. Barry, MatTc Rinehart, Lawrence Willhoff, Frank S. FlShback, John E. Webb, A. Ltroy Porttous. H. Nathan Swaim,, Joseph R. Williams, Mrs. Edna M. 1 Christian, Edward IV. Hohlt, Dick, Miller. Thomas D. McGee and Wood-, burn Masson.

For Boys and Girls. ANTIDARN HOSE. Guaranteed three 3 m r M :. Thr "..: SI.OO ftowlrtte It he re Washington Crosses Delaware

We. Pay 3% :r r “‘ Checking f/ Accounts The J. F. WILD &. CO. STATE BANK 123 Eat Market Street, Indianapolis