Indianapolis Times, Volume 45, Number 41, Indianapolis, Marion County, 28 June 1933 — Page 1

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STEVE. DENIED NEW TRIAL, TO KEEP FIGHTING Fight for Freedom to Be Carried to U. S. Supreme Court. PETITIONS DISMISSED High State Tribunal Refuses Rehearing and Closes All Actions. Claiming that the “due process of law’’ section of the federal Constitution has been violated, B. C. Jenkines, attorney for D. C. Stephenson, announced today that he will take the case to the United States supreme court. Petition for a writ of error coram nobis also will be filed in Hamilton circuit court at Noblesville, the attorney said. Jrnkines made the announcement at Gary when informed by The Times that the Indiana supreme court had turned down all Stephenson petitions pending there. The higher court refused to grant a rehearing in the murder appeal, dismissed a petition for a writ of error coram nobis, and denied an injunction petition to keep prison authorities from interfering with Stephenson's contacts with his attorneys. Justice Walter E. Treanor of the court dissented in these findings, as he previously dissented when the murder conviction was affirmed. Two Avenues Still Open Stephenson, one-time grand dragon of the Ku-Klux Klan and a G. O. P. political power in Indiana, is serving a life term at the Indiana state prison for the murder of Miss Madge Oberholtzer of Indianaplois. Jenkines said that his imprisonment is a “gross violation of the due process provision of the United States Constitution and relief will be sought from the highest court in the land.” Should this fail, two avenues still remain open. The Indiana supreme court pointed out in the majority opinion handed down late Tuesday that the Hamilton circuit court now can be petitioned in a coiam nobis action. Petition for clemency can be made to the state pardon board or directly to Governor Paul V. McNutt. Same Stand Is Taken Stephenson was convicted in Hamilton circuit court and sentenced by Judge Will M. Sparks, since promoted to the federal court of appeals at Chicago. Conviction was affirmed by the supreme court in a three to two decision. Treanor and former Justice Clarence R. Martin dissented. They held that it was wrong to establish “bad law'” on the grounds that justice is being done in an individual case. Republicans were in the majority on the court when the conviction was affirmed. But the same stand w'as taken in the denials Tuesday by the Democratic justices.

ENGINEER ON STAND IN WATER CO- FIGHT City Aid Testifies to Support Reduced Valuation Figures. M. G. Johnson, senior city assistant engineer, resumed the witness stand in federal court today to support the city’s reduced valuation figure on property of the Indianapolis Water Company, in the company’s suit for higher rates. Johnson, on direct examination, gave figures on which he based his part of the appraisal, the company’s water distribution system, including its underground pipes, canal structures and similar items, his valuation being about 30 per cent less than figures of company witnesses. The city is aiding the public service commission in defending the December rate order of the commission, which the water company suit charges is confiscatory. MINE ' CODE APPROVED Operators Forward Flan to Recovery Chip!; Details Secret. By l nited Press , TERRE HAUTE, Ind.. June 28 Anew state mining code was forwarded by Indiana coal operators to Washington today for approval. Provisions of the code, drafted by a committee of fifteen and unanimously accepted by operators Tuesday, will not be made public until the code has reached General Hugh Johnson, administrator of the national recovery program. Veteran Screen Writer Dies B '/ l nited Press HOLLYWOOD, June 28.—John Grey. 60, veteran scenario writer and “gag man,’ died here Tuesday. Times Index Book-a-Day 11 Bridge 9 Broun Column 6 City Briefs 13 Classified 14 Comics 15 Crossword Puzzle 11 Curious World 15 Dietz On Science 7 Editorial 6 Financial 13 Fishing 12 Hickman Theater Reviews 11 Lippman Column 13 Obituaries 11 Playground Page 12 Radio 11 Serial Story 15 Sports ...10-11 Talburt Cartoon 6 Vital Statistics 13 Womans Pages 8-9

The Indianapolis Times • Partly cloudy tonight and Thursday; possible thunderstorms; not much change in temperature.

VOLUME 45—NUMBER 41

Escaping Sewer Gas Adds to Heat Wave Menace; No Relief Is in Sight Three Prostrated in City; Pavements Burst at Four Points; Mercury Climbs Swiftly, Passing 90 Mark Early; Showers ‘Possible.’ Sewer gas escaping into basements and from manholes in streets added today to the menace of the heat wave which in the last twenty-four hours has resulted in prostration of

three persons in the city. Wilbur Winship, afreet commissioner, today urged that on detection of gas, his department be notified without delay. The extreme heat and lack of moisture are factors creating the gas. Five reports of sewer gas were received today by Winship. Heat caused bursting of pavement today at four points, Madison avenue and Pleasant Run boulevard, Forty-eighth and Illinois streets. 1200 block West Thirty-second street, and Nelson and Napoleon streets. No Relief in Sight No relief was in sight today for Indianapolis as the mercury started a morning climb for new high levels after reaching 96 Tuesday. The forecast by J. H. Armington, United States weather bureau observer. read: “Partly cloudy tonight and Thursday; possibly thunderstorms; not much change in temperature.” The mercury at 6 a. m. today was 5 degrees higher than at 6 Tuesday and 4 degrees higher at 9 a. m. today. Mean temperature Tuesday was 84, 10 degrees above normal. The 96-degree mark was attained shortly before 3 p. m. Tuesday. So intense w'as the heat there were two prostrations. Street Car Motorman Drops John Dowdls, 45, of 1538 Park avenue, a motorman, collapsed after stopping a Lexington avenue street car at Virginia avenue and East street. Benner S. Milligan, 34, of 2414 College avenue, city sanitary department employe, collapsed as he sat in his automobile at Michigan street and Kealing avenue. Both men were treated at city hospital and sent home. An unidentified man about 45 W'as prostrated today, falling in the 100 block Southern avenue and incurring a gash in the back of his head. At city hospital, w'here he w'as taken by police, the heat victim was unable to talk. Middle West Baking By United I'rrss CHICAGO, June 28. High temperatures “which set new alltime heat records baked the middle w'est today for the third time this month. Scorching all crops, killing livestock and causing widespread human suffering, continued torrid temperatures were forecast for today. The United States weather bureau here reported that the mercury reading of 100.1 degrees in Chicago at 3:25 p. m. Tuesday was the highest June temperature in the city's history. The previous maximum was 100 degrees, set last June 7. Reports of burning temperatures were received from Indiana, downstate Illinois, Wisconsin, Minnesota, South Dakota, lowa, Nebraska and southwestern states. Farmers, heartened by news from train markets that w heat was quoted at more than $1 a bushel for the first time in more than tw-o years, looked with dismay on their fields as blistering run rays withered and shriveled their crops. Banker Faces Second Trial By 1 nil erf Press AUBURN. Ind., June 28.—Monte L. Green, former president of the Garrett Savings Loan & Trust Company, is scheduled to go on trial for the second time in Dekalb circuit court Thursday on a charge of banker’s embezzlement.

Indiana Railroads System Is Put Into Receivership

Holdings of the Indiana Railroads System, operator of traction and street car lines, were thrown into receivership in a friendly suit late Tuesday afternoon in superior court five on a petition by the General Electric Company. Bowman Elder, American Legion leader and one of the advisors of Governor Paul V. McNutt, was named receiver by Judge Russell J. Ryan. Elder’s bond was fixed at $50,000. The receivership action was made a friendly one in order to bring the case to issue, the defendant company immediately filing an answer in admission. The General Electric Cos petition set out that it is a creditor of Indiana Railroads System to the extent of $328.09 and that the defendant company owes approximately $210,000 for materials, wh ch it can not pay. The suit charges additionally that the defendant company n-is $1,766,000 in notes outstanding, and nas been forced to borrow iarge sums of money for operating expenses. Indiana Railroads System includes parts of the old Union Traction Company, the T. H„ I. & E. It also operates street car systems in Richmond and Anderson. The company has been under management of Henry Bucher, vice-presi-dent and general manager of Indiana Railroads System. John N. Shannahan, president cf Midland United Company, which

HOW HOT IS IT? — Hourly Temperatures 6 a. m 79 10 a. m 92 7a. m 80 11 a. m 95 8 a. m 86 12 (noon).. 93 9 a. m 89 1 p. m 94

YOUTH DROWNS IN GRAVEL PIT Loses Life While En Route to Swim in Guarded City Pool. John Rutter, 19, of 1416 Bellefontaine street, was drowned today while bathing in a gravel pit west of Eagle creek, near West Minnesota street. He sank in fifteen feet of water. Accompanied by Ralph Williams, 14, of 1374 South Belmont avenue, Rutter stopped at the swimming hole on the way to the Garfield playground pool where the boys intended to swim. Three other boys were splashing in the water and Williams and Rutter joined them. Fifteen feet from shore Rutter, who could not swim, suddenly went under. He disappeared before any of the boys could go to his rescue. Young Rutter’s body was recovered by police after an hour and half of dragging. He is survived, besides his father and mother, by two sisters. Enolar, 20. and Florence, 10. The Rutter family resided at Harding and Fay streets until last Saturday when they were evicted and moved by the township trustee to the Bellefontaine street address. CLAM, SNAKE BATTLE SIX DAYS TO DRAW Struggle Could Have Gone on for Long Period, Biologists Say. By 1 nited Press PLAIN CITY, 0., June 28.—A sixday fight between a fresh water clam and a water snake ended in a draw. For nearly a week the clam held the snake's lip in a vise-like grip despite the reptile’s squirming and lashing. The two were discovered by Ross Tobin. The water snake, in search for food, had stuck his nose inside the clam's shell. The clam had snapped down on him. Tobin killed both contestants. Biologists said the struggle could have gone on indefinitely until one of the contestants starved to death.

owns Indiana Railroads System, said he had no comment to make except that he and the Midland directors hoped the receivership could operate to the benefit of the stockholders and patrons. Shannahan said “we hope it will be possible to continue operation. Recent fare reductions have resulted in an increase in traffic revenue, but it has not been enough to pay operations expense.

Truth of Premature Armistice ’ Story Bared; Fault Is Laid by Col. House on U. S. Attache or French Official

BY EDWARD W. LEWIS United Press Staff Correspondent WASHINGTON. June 28.—From time-yellowed documents out of the dim archives of the American state department came today a dramatic revelation of events on the western front of the World war, which sweep away much of the mystery of the “armistice” of Nov. 7, 1918. The circumstances benind the United Press report, which sent the najtion into a delirium of joy and turned its streets and squares into bedlam, were revealed for the first time today by the state department, in an impressive volume bearing the prosaic title. “Papers Relating to the Foreign Relations of the United States.” Out of th. hundreds of documents

INDIANAPOLIS, WEDNESDAY, JUNE 28, 1933

LABOR ASKS sl4 WEEK IN COITONMILLS Organized Workers Voice Opposition to Proposed Textile Code. URGE CHILDREN BAN Employment of None Under 16 in Industry, Is Demand at Hearing. BY H. O. THOMPSON United Press Staff Correspondent WASHINGTON June 28.—Organized labor s opposition to the proposed code of fair competition for the cotton textile industry was brought before the national industrial administration today by Thomas F. McMahon, president of the United Federation of Textile Workers. McMahon proposed at the textile code hearing a minimum wage of sl4 a week, and no employment of persons under 16. The textile industry anticipated the request for discontinuance of child labor, and earlier in the day s session announced willingness to prohibit employment of children •under 16. McMahon w'as rebuked by W. L. Allen, deputy administrator, for his stand. Allen, who was instrumental in preliminary code proceedings, asserted that McMahon hitherto had indicated organized labor was ready to accept in the main the code provisions. Objections Are Voiced McMahon said other objections to the proposed $lO minimum wage were: 1. Alleged failure to establish an actual minimum wage because of exemptions for cleaners and outside helpers. 2. The suggested rates of $lO in the south and sll in the north were alleged by McMahon to be “too low.” 3. Failure of the proposed code to specify limitation for employment of women in night work. Representatives of independent cotton manufacturers dealing in specialized products appeared to propose various changes in a code under which the industry would be operated during the present economic emergency. Some suggestions fell in with labor’s attitude, notably one for a higher minimum wage and readjustment of working hours. 35-Hour Week Urged McMahon proposed a 35-hour week with machinery limited to 70 hours of production per week. He declared against the proposed 40hour schedule. He said the ultimate object should be a 30-hour week for all industry. He declared the plight of unskilled workers in the textile industry should merit attention. "We have been able to find no family budget unless it be the budget created by a mill owner, that can be met by a W'age of sl4 per week,” he said. McMahon said labor did not accept the sl4 minimum as a permanent minimum. He gave notice of his organization's intention to plead for higher wages as soon as conditions in the industry warrant.

BODY OF MAN FOUND IN WATER CO. CANAL Violence Not Death Cause, Doctor Believes. The body of an unidentified white man, aparently about 50, that had been in the water four to seven days, was recovered today from the canal at Blackford street. The body was discovered lodged against rubbish gates by Theodore Moore, Negro, rear of 522 Douglass street. There were no identification marks on the clothing and the body was taken to Finn Brother funeral establishment, 1639 North Meridian street. Dr. John Salb, deputy coroner who investigated, said there was nothing to indicate violence. Attendant Kidnaped, Robbed By L nited Press KOKOMO, June 28.—Ed Hull, Kokomo filling station attendant, was kidnaped by three men late last night and taken for a 10-mile ride before he was robbed of $6 and released.

thus brought into the light of day, one in particular draws the curtain from one of the most sensational episodes of the great war. It was a cable from Colonel Edward M. House, special representative of President Wilson in Paris. It was addressed to Secretary of State Robert Lansing, in Washington, and timed 7 p. m. of Nov. 8. It read: “65. . . . Most of the officials in Paris and practically every nonofficial person here believed yesterday that the armistice had been signed. Captain Jackson, naval attache at the embassy, sent Admiral Wilson at Brest a wire to that effect. Wilson showed the wire to Roy Howard (then president of the

SHE’LL DARE ATLANTIC FLIGHT

Miss Rosetta Valenti wants so much to cross the Atlantic in an airplane that she is backing Russell Boardman s projected flight from New York direct to Rome and will be his passenger. Miss Valenti is shown here as she traced their route. Boardman is shown in the inset.

Huge Bond Issue Losses Laid to Coolidge Regime Bank Hearing Reveals Government Approved Financing; Kuhn, Loeb Netted $926,000 Profit. BY LYLE C. WILSON United Press Staff Correspondent W ASHINGTON, June 28—Kuhn, Loeb & Cos. and their associates were shown today to have taken $926,000 profit in underwriting a defaulted $20,000,000 Chile Mortgage Bank bond issue which they contend the Coolidge administration commerce department vouched for before distribution to

NEGRO HELD IN FIRERUNDEATH Mystery in Fatal Injury of Lieutenant Stanley May Be Cleared. JTwo-year-old mystery surrounding the false alarm fire run death of Lieutenant Lewis Stanley was believed cleared today with arrest of Herman Drake, 40, Negro, who was captured Sunday in Evansville. Lieutenant Stanley was killed and five other firemen and three motorists injured when a fire truck, responding to a false alarm Halloween night in 1931, collided with an automobile at Sixteenth street and Central avenue. Acting on a tip supplied by Mrs. Sally Porter, Negro, state police, under George Coogan, deputy state fire marshal, arrested Drake. * The Porter woman is alleged to have told Coogan and Bernard Lynch, chief of the Indianapolis fire prevention bureau, that Drake had told her he turned in the alarm while drunk and that he was preparing to leave Evansville. Nish Deinhart, head of the arson division of the state department of public safety, and State Policeman E. G. Teague returned Drake to Indianapolis Tuesday. He is held on a charge of vagrancy under $5,000 bond. At the fire prevention bureau office today, it was announced that the one hundred seventy-third false alarm so far in 1933 was turned in at 1:45 this morning from New York and Lasalle streets, from where others have been rung recently. MOVE 12,000,000 =ISH Montana Hatcheries to Stock State with Trout. By United Press HELENA, Mont., June 28.—Warm, dry weather will signalize “moving day” for 12,000,000 fish in Montana hatcheries, according to Kenneth MacDonald, state superintendent of fisheries. Distribution of fish from the state hatcheries was delayed by late rains and snow this year, but MacDonald said an extensive program would be followed out despite this postponement.

United Press* at Brest and sent an aid with him to the cable censor so that Howard would be permitted to send through a dispatch stating that the armistice had been signed. "It is perfectly clear that the United Press was not at fault in this matter and that the fault, if any, lies with Jackson or the French official who started the rumor. “I suggest that war and navy departments instruct their representatives in Europe to discontinue sending dispatches respecting matters peculiarly within our knowledge without consulting us. “EDWARD HOUSE.’* Two highly illuminating, significant facts hence are disclosed in the state department's now public

American investors. The $20,000,000 issue was the first of an aggregate of $90,000,000 sold to American investors at a current loss to the purchasers of $74,000,000. The inquiry recessed at 12:30 p. m. until 2. Testimony today revealed the Coolidge commerce department in 1925 described as “safe and successful” the -operation of the Chilean Mortgage Bank. Since that time it has defaulted $90,000,000 of securities held by American investors. Benjamin Buttenweiser, partner in Kuhn, Loeb & Cos., underwriters of the mortgage' bank loan, revealed the commerce department report prepared by a special agent of the department bureau of foreign and domestic commerce. The witness indicated that the report was a factor in Kuhn, Loeb’s decision to underwrite the issue. He said the favorable report was included in the prospectus issued by the bankers in inviting subscription to the loan, but that the information was not attributed to the department. Buttenweiser said the department's special agent reported that the mortgage bank “conducted its affairs with uniform safety and success.” A moratorium proclaimed by a revolutionary Chilean government in July, 1931. led to default of the loan two months later at a cost to American investors of $74,000,000 in shrinkage of the capital value of the securities w'hich now are quoted at 13 to 14 for each SIOO of par value.

Br-pp! —It Irks Hubby Razzberry Displeases Him, So He Chases Missus Right Outdoors in ‘Teddies.’ THE right to givf a husband what is known variously as “the razzberry, the Bronx cheer and the bird,” is not covered in the marriage sacrament. At any rate, that was the defense today in municipal court four when Peter Schwartz. 42, of 432 Erie street, was arraigned on assault and battery charges filed by his wife, Pansy.

Schwartz told Judge Dewey E. Myers that Mrs. Schwartz came home after midnight the other night and he asked her where she had been. Instead of answering dutifully, as a wife should, Schwartz com-

“report’’ of the engrossing drama of the November days that saw the end of the World war. 1. The state department, through the war department, was advised that the armistice had been signed on the earlier date by Major Barclay Warburton, military attache in Paris. 2. The report of the signing originated with the unidentified French official who informed the naval attache. This attache, in turn, advised Admiral Wilson commanding the American fleet at Brest, and Admiral Wilson released the “news.” While this was transpiring, the hastily formed German delegation to negotiate the armistice already were passing through the front (.Torn to Fourteen).

Entered as Second-Class Matter at FoatolUce. Indianapolis

WHEAT HAMMERED DOWN BY WAVES OF PROFIT-TAKING Prices Fluctuate Violently as Public Cashes in on Trading; December Makes Rally After Drop as Much as 6 Cents. OTHER GRAINS LOSE GROUND Heat Wave Remains Unbroken, but Drop Comes as Normal Reaction Resulting From Overbought Condition. By United Pres* STOCKS STRONG at gains of 1 to 12 points; “wet” stocks feature. BONDS IRREGULAR; rails strong; call money 1 per cent. CURB STOCKS rise fractions to 4 points; Chicago stocks higher. FOREIGN EXCHANGE strong; sterling and francs at new highs. CHICAGO LIVESTOCK: Hogs mostly 15 cents higher; cattle steady; sheep weak to 25 cents lower. COTTON REGAINS half of early loss of $1 a bale; rubber irregular in narrow range. WHEAT OFF 3 cents on Canadian rain reports; com and oats lower, BY HAROLD E. RAINVILLE United Pres* Staff Correspondent CHICAGO, June 28.—Wheat fluctuated violently on the Board of Trade today as the public began taking profits, although news from the belt showed little change.

2 MORE STATES GO FOR REPEAL California, West Virginia Fall Into Line; Total Now Is 16. By United Pres* Sixteen states of the thirty-six necessary had approved repeal of the eighteenth amendment today. California and West Virginia added their voices to those of fourteen sister states in elections Tuesday. The California vote gave wets a majority expected to exceed 3 to 1. Traditionally dry Los Angeles gave wets a 100,000 lead. San Francisco was wet 16 to 1. In West Virginia, considered a “doubtful state” until the po.ls opened, the wet majority was expected to approximate 2 to 1, While California and West Virginia were hastening repeal, New York wets turned the state convention that ratified the tw'enty-flrst amendment, into a jubliation feast. Wet Tide on Coast By United Press SAN FRANCISCO, June 28.—A wet wave engulfed prohibitionists in Tuesday’s election, putting California among the states that have approved repeal of the eighteenth amendment by what seemed an overwhelming majority. United Press returns from 6,792 of 9,347 precincts today gave: For repeal, 753,544; against repeal, 234,428. The voters also approved parimutuel horse race betting, and a $20,000,000 unemployment bond issue. Dry South Turning By United Press CHARLESTON, W. Va.. June 28. —Wets carried once dry West Virginia by a majority of approximately 2 to 1, returns of almost two-thirds of the state’s precincts from Tuesday’s repeal election Although both sides had claimed victory, West Virginia was a “doubtful” state until the first tabulations showed its new wet leadings. It was the first of the traditionally dry southern states to vote on the repeal amendment.

plained, Mrs. Schwartz puckered her lips and made a derisive sound which is considered by most persons as very derogatory indeed. “You do that again and I’ll run you out of the house,” Schwartz is alleged to have warned his spouse. “Redouble,” Mrs. Schwartz is alleged to have retorted, in effect, again emitting that sound, which experts in the art of expressing contempt have likened to the sound of a niblick calling to its mate in an adjacent sand trap. * * * NOW the first “bird” was bad enough, Schwartz felt, but the second was piling Ossa on Pelion, for she not only was repeating the first offense, but also was disobeying a husbandly admonition. Accordingly, Schwartz carried out his threat to "chase her out of the house” and Mrs. Schwartz didn’t like it, because she had started disrobing, and was attired only in a "teddy bear.” Myers fined Schwartz $5 and costs and sentenced him to thirty days in jail, but suspended judgment because of Schwartz’ good reputation. ■*

HOME EDITION PRICE TWO CENTS Outside Marion County, 3 Cents

Prices broke as much as 6V2 cents at the start, and later there was a rally to above the dollar mark for December. Selling was resumed, however, and prices finished several cents lower with stop loss orders picked up on the way down. May went under the dollar mark closing at 99 Vi cents. The other grains followed wheat. The sensational rise of more than 21 cents in wheat in the last week resulted in an over-bought condition, and the break was not unexpected. All grains closed with sharp reductions in price levels. Wheat 5 Cents Lower At the close, wheat was 54 to 54 cents lower, com 3 to 3% cents lower, oats 34 to 3 7 s cents lower, rye 4’4 to 5 cents lower and barley 5Vi to 54 cents lower. Provisions were unevenly weak. Selling was in enormous volume at the start as the public took its profits. A lack of support was revealed and while there was a good recovery, the market continued 3 to 4 cents under the previous close. The heat wave remained unbroken, but some rains in the southwest indicated the corn belt and Dakotas also might benefit from precipitation. Liverpool closed unchanged to % cents lower. Cash prices were 1 cent lower. Receipts were 5 cars. Com Break Is Sharp Corn had a break equally as sharp as wheat, falling 5 to 6 cents at the start, but recovered well to stand 24 to 24 cents lower at mid-ses-sion. The western end of the corn belt received some rains, but the belt as a whole was unreliable. Cash prices were 14 to 2 cents lower. Receipts were 254 cars. Oats lost less than the other grains and after the first rush of selling was out of the way trading quieted down, revealing a strong undertone. The market was down 14 to 24 cents at mid-morning, while rye fell 3 to 3Vi cents lower. Cash oats were 1 cent lower. Receipts were twenty-five cars. Stocks Turn Irregular BY ELMER C. WALZER United Press Financial Editor NEW YORK, June 28. Stocks ran into profit-taking at-the opening today and prices turned irregular. Volume continued heavy. Several large blocks appeared on the tape, featured by one of, 15,000 shares of Standard Brands at 224, up 14 points, and anew 1933 high. Railroad issues moved ahead following their rise to new 1933 tops Tuesday. The first ten roads to report loadings for the week ended June 24, registered higher totals than the preceding week and all but one (Atchison) exceeded the corresponding week of 1932. New York Central opened 3.000 shares at 414, up %; Baltimore & Ohio, 254, up 4; Delaware & Hudson, 78 4, up 4, and Lackawanna, 36 4, up 4. Southern Pacific opened with a slight Ices at 304, but quickly made it up and passed the previous close. With the bunched orders of the opening cleared away the market steadied for a short time and around mid-session a sharp rally set in carrying the list up from 1 to 12 points in special issues. Prices again slumped during the last hour, and as the close neared the list was irregular, losses outnumbering gains. Roosevelt Taxes Grain BY WILLIAM F. KERBY United Press Staff Correspondent WASHINGTON, June 28.—The Roosevelt administration Tuesday night topped a wildly rising wheat market with formal imposition of a $150,000,000 procession tax on the grain to finance the gigantic price boosting program. , The action came by formal proclamation of acting argriculture secretary Rexford G. Tugwell. It has the approval of President Roosevelt. Tugwell ordered the processing levy set at 30 cents a bushel to be effective midnight July 8 It will be collected from millers and other users of rafc wheat. Funds from the levy will be paid to the farmer in the form of cash ’benefits” in return for a promise to reduce wheat acreage in 1934 and 1935. *9