Indiana daily times. [volume], June 24, 1922, Home Edition, Page 11, Image 11

About Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922

Image provided by: Indiana State Library

                
JUNE 24,1922.
STOCK TRADES
SHOW FURTHER
SLACKENING
Aside From Rise in Call Money
Rate and Mine Riot News
DOUBT ON PETROLEUM
Special to Indiana. Dally Times
and Philadelphia Public Ledger.
BY MONITOR.
NEW YORK, June 24. —Trading in
stocks Friday showed a further
slackening: in activity, the causes for
which are rather difficult to deter- j
mine. Aside from the rise in the call |
money rate to 5 per cent and the un- j
favorable impression created by the
cpal mine riot in Illinois, the news
was a long constructive lines. Evident-:
ly the feeling of doubt on the subject j
of Mexican Petroleum's sensational
performances, the stock exchange In
quiry resulting therefrom and the
general Indisposition to increase com
mitments at this time of the year, fur
nish a partial explanation.
So far as Mexican Petroleum is con
cerned, the financial community prob
ably has another surprise awaiting it
in the form of a statement made late
Friday by E. L. Doheny regarding the
recent operations of the company.
Those who were favorably impressed
by Mexican Petroleum’s showing in
1921, axe likely to be astounded by the
announcement that earnings since the
first of January are at the rate of $72
per share annually, and that present
and potential production is on a scale
apparently discredits all recent
gossip of exhaustion of oil reserves
uWned by this company ip Mexico.
The Federal Reserve statement for
the week gives further confirmation
of the soundness of the banking and
credit position of the country. The
reserve ratio now stands at anew
high of 79.1 per cert as a result of a
decline of $63,000,000 in Government
deposits and a gain in gold holdings
of $12,000,000. This points to con
tinuing ease in the money market, and
should not be confused with the rise
in the call rate here to 5 per cent.
This latter movement was due to out
of-town withdrawals as interior banks
do not care to keep money here for
any length of time to be loaned out at
3 per cent or lower. —Copyright, 1922,
by Public Ledger Company.
GIANT DIRIGIBLE
IN TRIAL FLIGHT
Landing Leads to Report of
Accident to Army
Ship A-4.
WASHINGTON, June 24.—The
giant army dirigible A-4 cruised over
the city today following a practice
flight from Langley Field, Va. Land
ing near the Army air station in East
Potomac Park to pick up a passenger,
to reports the dirigible had
Crashed. No information of the ac
cident reached the War and Navy lie
partments.
Marriage Licenses
Norman E. Lipscomb, 4608 Hovey. 20
Clara F. Freeman. 805 Villa 21
Elwood May hew, 1728 W. Wash-.. 25
Lucille Reed. 1222 E. Market 21
Casper W. Beinberg, 2532 Blvd. pi. 22
Carrie A. McMechan, 1112 Windsor 22
Claude E. Stafford, 2728 Northwest. 27
Esther L. Taylor, 1340 Shelby 19
Births
Henry and Okereda Baker, 914
Dailey, boy.
Paul and Santa Bisesi, S3l South
East, boy.
Clarence and Alethea Wilson, 206
North Oxford, boy.
William and Bertha Wright, 603
North Jefferson, boy.
Veo Howard and Verda Harmon, 502
South West, boy.
William and Grace Hanse. 414 Vest
Fourteenth, boy.
James and Lula Jackson, 448 North
west, boy.
Otis and Sadie Jackson, 2116 Boule
vard Place, boy.
Henry and Berenice Suess, Sls East
Michigan, boy.
William and Mary Jefferson, 319
-West Wyoming, girL
Charles and Phoebe Beard, 221
Spring, boy.
Oscar and Della Chinn, 130 Fulton,
rl
“Marcus and Golda Cevard, 120%
North Senate, girl.
Alfred and Bessie Freeland, 330
South Hamilton, girl.
William and Amelia Kaiser, 343
Drexel, boy.
Samuel and Anna Barnhart, 1337
OUver, glrL
William and Myrtle Carder, 1259
South East, girl.
Charles and Daisy Dyke, 1545 Glad
stone, g rl.
Deaths
George Philip Strack Sr., 87, 2306
East Twelfth, acute indigestion.
Edward Brewer, 64, Central Indiana
Hospital, mitral insufficiency.
Maggie Thompson, 38, city hospital,
general miliary tuberculosis.
Marcia McDonald. 78, “807 North
Capitol cerebral thrombosis.
Lott Wade, 49, 2033 Massachusetts,
miliary tuberculosis.
Hazel Dorsett Smith. 28, 56 South
Dearborn, pulmonary tuberculosis.
Walter Anderson, 52, city hospital,
nephritis.
Amar.da J. Wheeler, 75, 331 North
Liberty, arterio sclerosis.
Samuel Wilson. 74, Robert W. Long
Hospital, toxic myocarditis.
INDIANAPOLIS PRODUCE.
Egg*—Freeh, lg@l9c. Butler —Parking
stock. 17@18e. Poultry—Fowls. 16'd21c:
leghorn fowls. 13c; broilers. 1-14 to 2% lb
size. 86c; broilers under 144 lbs. 32c; leg
horn broilers at discount; corig. 12 C ;
jkags. 12c; young hen turks, 8 lbs and
28e: old tom turks, 23c; young tom
not wanted: ducks. 4 lb* and up. 15'Sl6c;
geese, 10 lbs and up, 12c; squabs. 11 lbs
to dozen, $5@5.30; old guineas, per doz
en. $3.
Butter —Local dealers are paying 33'!}
36c per lb for butter delivered in Indi
anapolis.
Butterfat —Local dealers are paying 33c
per lb for butterfat delivered in Indi
anapolis.
WHOLESALE BEET PRICES.
Th* following are today's wholesale
prices for beef ents as sold on the In
-1 dianapoii* markets of Swift 4 Cos.:
I Ribs—No. 2, 17* 1 No. 3, 13. Loins—
r No. | 10c 1 No. 3. *c Plates—No. 2,7 e;
Stock Market Review
NEW YORK, June 24.— Railroad
stocks furnished the most actively In
the two hour trading on the New
York Stock Exchange today.
New York Central made anew high
for 1922, and substantial gains were
scored by many other representative
Issues in the carrier group.
With current earnings making a
good showing, about the only blot on
the railroad outlook is the coal strike
which at last shows signs of moving
toward an effort for settlement from
public quarters.
Concerning the railroad strike, the
company executives are not Indif
ferent in the danger that the men
may be talked into quitting their
jobs. Some frankly admit that they
expect to see local strikes, but are
confident the crisis will not reach na
tional proportions.
N. Y. Stock Exchange
(By Thomson it McKinnon.)
—Juno 21 —
RAILROADS'.
Prev.
High. Low. Close, close.
Atchison 99% 98% 98% 98%
B. &. 0 50Vi 49Vi 60% 49%
Can. Pac. 139% 139% 139% 130
C. 45 0 66% 66% 66% 66%
C. & N. W. Ry. 75 74% 74% 74%
C„ R. I. & P... 43 41% 42% 74%
Del. & Lack 127 127 127 128%
Erie 15% 15% 15% 15%
Erie let pfd... 22% 23 23% 22%
Gt. North, pfd... 80 79% 79% SO
111. Central ...104% 104% 104% 104%
K. C. South. ... 25% 24% 25% S4Vi
Lehigh Valley .61 64 64 64
L. & N 110% 117% 118% 117.%
Mo. Pac 21% 21% 21% 21
Mo. Pac. pfd.. 54% 64 54 63%
N. Y. Central.. 95% 93% 94% 93%
N.Y..N.H. & H. 30% 29% 80% 29%
No, Pac 77 76 76% 76%
Nor. & IVeat... 106% 106 106% 105%
Penn 42% 42 42% 42%
Reading 74% 74 74% 73%
So. Ry 24% 23% 24% 23%
So. Pac 90% 89% 89% 89%
St. Paul 26% 25% 26% 26%
St. Paul pfd... 42% 41% 43% 41%
St. L. & S. W.. 28 28 28 27%
St.L.&-S.W. pfd. 44 44 44 43%
St.L-AS.FRy. .. 27% 27% 27% 21
Tex &. Pac. ..28% 27% 28% 27
Union Pac. ...138% 137% 138% 137
Wabash 12% 12% 12% 13%
Wabash pfd. . 30% 80 SO% 29%
RUBBERS.
Ajax Rubber ..15 14% 14% 14%
Fisk Rubber... 15% 15% 15% 15%
Kelly-Sprg ... 48% 47% 4* 46%
Key TANARUS& R Cos.. 15% 14% 15 15%
U S Rubber ... 62% 61% 61% ...
EQUIPMENTS.
Am Car & Fdy.l63 163 163 163
Baldwin Loco . .113% 112% 113% 112%
Pr Stl Car 75% 75% 75% ...
Weathse Elec.. 60 59% 60 69 %
STEELS.
Beth “B" 76 78 76 75%
Crucible 72% 72% 72% 72
Lackawanna ..73% 72% 73 73%
Midvale 33 32% 32% 33
Otis 11% 11% 11% 12%
Replogle 70% 70% 70% 31%
Rep Iron A Stl. 70% 70% 70% 31%
U S Steel 99% 98% 9* % 99%
Alloy 37% 73% 87% ...
Vanadium 45 % 45% 45% 45%
MOTORS.
Chand Motors.. 69% 69% 69% 69%
i Gen M0t0r..... 14 13% 13% 14
Hupp Mot 19% 19% 19% ...
Hudson Mot... 23 21% 21% ...
Max Mot A 68% 67% *7% 67%
Max. Mot. ''B”. 24% 23% 23% 24%
Pierce-Arrow . 18% 18% 18% 19%
Studebaker ...129% 128% 128% 129%
Willya-Over. .. 8% 8% 8% 5%
White Motor* . 48% 48% 48% ...
MININGS.
Butte Sup. ... 28 27 % 28 27%
Dome Mines .. 30% 30% 30% 30
Int. Nickel ... 16% 16% 16% 16 %
Tex. G. St S 47 Vi 47% 47% 47%
COPPERS.
Amer. Smelt. .60% 53% 69 % 59%
Anaconda 61% 61% 51% 51%
Chile Copper .. 21% 21% 21% 21 %
Inspiration .... 40% 40% 40% 40%
Kenneacott ... 3 4 33% 34 33%
Nev, Cons .16% 16% 16% 16%
Utah Copper .. 64 64 64 63%
; Ray Cona ... ... 16%
jL\ S. Smelting. 40% 40% 40% ...
orLS.
Cal. PetroL ... 65 6474 65% 64%
(,'osden 47% 47% 47% 17%
Houston OH ..78% 76 78 77%
Invincible Oil.. 18 1414 1 1
Hex. Petrol. ..183 ISO 181*4 176
.Mid. States Oil. 14 1314 14 13%
Pan-Am. Pet. . 82*4 80 8* 794*
Pae. Oil 58% 67% 57% 55%
Pierce Oil .... 8% 8% 8% 8%
Pro. & Hes 49 47 % 48% 45%
Pure Oil *O% 30.% 30% 31
Royal Dutch .. 60% 69% 59% 59T4
Sid. O. of Cal.. 106 108 106 105%
Stand Oil N J.. 185 185 165
Sinclair 3314 32 76 33 33
Texas Cos 47% 47% 47% 47%
Tex C A Oil . 27% 27% 27% 27%
Trans-Con Oil. 15% 15% 15% 15%
Tnton Oil 21% 21% 21% 21
White Oil 8%
INDUSTRIALS.
.Allis-Chalm ... 49% 49% 49% 49%
Amer Can .... 47’% 47 47 46%
Amer 1< e 105 105 105 106%
Safety Razor— 6 6 * ...
‘Amer Wool .. 87% 78% 87% 88%
V*en Leather.... 37% 37% 37% ...
Cocoa-Cola .... 68 67 % 68 67%
'Cons Texas 11 ’4 11% 11% ...
2’olum Graph .. 4% 4% 4%
| Endicott-John . 79% 79% 79% 79%
[fJen Asphalt .. 66% 65% 65 65 %
I Loews 15 15 16 14%
Mont Me Ward.. 21% 21% 21% 21%
Rem Type .... 38 35% 35% ...
Pitts Coal 62% 62% 62% ...
Sears-Roebuck . 76% 75% 75% 76%
U S Ret Stores. 68% 65% 65% 66%
V S Cast Iron P 29’% 29% 29% 29%
U S Ir.d Alco.. 57 66% 664* 67%
Wool worth ...163% 163% 163% ...
Am Tel & Tel.. 120% 10% 120% 120
Brklyn Rap Tr 25% 26% 25% 25%
Cons Gas 116% 116% IJS% 116%
Col Gas 86% 86% 86% 88%
Pac O & L... 72% 72% 72% ...
SHIPPING.
Am Ship & Com 19 18% 18% 18%
Atlantic Gulf... 35% 38% 38% 35%
Int Mer Mar... 20 19% 19% 19%
Tnt Mer M pfd. 73% 73% 73% 74%
United Fruit ... ... 135%
FOODS.
Amer Sugar .. 78% 78 44 78 % 78%
Austin Nichols. 28% 28% 26% 26%
Am. Cot. Oil.. 28% 28% 26% 25%
Corn Prod 104% 103% 103% 104%
Cuba Cn. Sug.. 16% 16*4 18% 16%
Cub.-Am. Sug. .24% 24 . 24 24
TOBACCOS.
Amer.-Sumat. . 41% 39% 41% 39
Am. Tob. "B”. 138 138 138
Gen. Cigar ... 78 75% 75%
Tob. Products . 81% 81% 81% 81
MISCELLANEOUS STOCKS.
Indiahoma .... 4% 4% 4% 11%
Elea. 8. Baty.. 42% 42% 42% 42
Callahan 8% 6% 8% 5%
Davison Chem..4s 44% 45 45
Pera Mara. ... 31% 81% 31% 81
Pitts. A W. Va. 37% 37% 87% ...
STANDARD OIL OF INDIANA.
Sales for the day, 19,000 shares.
Open, 105%; high, 109; low,
1051i; close, 108%.
NEW TORK LIBERTY BONDS.
—June 24
L. B. 3%# 100.10 100.08 100.10 100.10
L. B. Ist 4%5.. 100.26 100.20 100.28 100.26
!. B. 2nd 4%.. 100.08 100.04 100.08 100.06
L. B. 3rd 4%5.. 100.14 100.04 100.14 100.00
T- B. 4th 4%e. 100.20 100.00 100.20 100.14
Victory 4%s ... 100.56 100.64 100.64 100.58
NEW YORK CURB MARKET.
(By Thomson A McKinnon.)
—June 84.
Closing
Bid. Asked.
Acme Packing ....... 60 55
Curtle Aero, com 3% 5
Curtte Aero, pfd 23% 25
Boston A Montana .... 15 17
Boston & Mont. Corp.. 75 78
GoMflsld Con 6 8
.Tumbo Extension 3 5
Kirby Oil 6% 7
Mpissing 6 6%
Standard Motors 4% 4 %
Salt Creek 16% 16%
Tonopah Extension ... 1% 1%
Tonopah Mining 1% 1%
United P. S. new 7% 8
U S. L. A H 1 9-16 1%
U. S. L. & H. pfd 1% 1%
Wright-Martin 8
Yukon Gold Mine Cos., >0 100
Jerome t% 8%
New Cornelia 18 It
United Verde 87% 28
Rep. Tire t> TO
Orntr Oil - -- - *8 11-18 8 18-18
RAILS SUSTAIN
LATE REACTIONS
Realizing Sales of Final Hour
Big Factor in Decline.
NEW YORK, June 24.—The stock
market closed steady today.
There was active trading all through
the last hour, but realizing sales
caused recessions.
New York Central fell back from
95%@9495, and fractional reactions oc-i
curred in New Haven and Baltimore j
& Ohio.
Mexican Petroleum after advancing
to 183, yielded to ISI%.
Studebaker rose to 129 %, from
which it yielded to 1281-4-
Government bonds were unchanged
and railway and other bonds, steady, i
Stock sales for the day were 380,-
700 shares; for the week, 4,967,700
shares. Bond sales for the day were
$6,077,000; for week, $73,490,000.
(By Thomson & McKinnon.)
—June 24.
The publication in this morning's
newspapers of a very optimistic
statement by the head of the Mexican
Pan-American Petroleum organiza
tion met with a very substantial re
sponse in the market, both issues
being substantially higher. But
whether this w-as the result of a
further demand from shorts or an in
vestment demand is, at this time, un
certain.
A few other tssues In the indus
trial list did fairly well, but the gen
eral list was neglected, although com
mercial reviews were highly satis
factory, and in view of the very pros
perous state of the steel automobile
trade, the inactivity of the shares of
this group was rather surprising.
During the day a fairly good move
developed in the railroad list, some of
the lower priced issues responding fa
vorably. And, as it is more than l.ke y
I that in the course of the next few
years some action will be taken under
the law to merge some of these prop
erties, we are disposed to look with
favor upon the purchase of these
scares.
But, taking the market in Its en-
I tirety, there is justification for a very
j conservative attitude, because condi
| tions in Europe are so delicately bal
anced at this time that a minor hap
j pening could easily result in a rather
| serious situation.
Furthermore, the technical position
of the market here has encountered a
change again within the past week,
having been weakened by a further
increase in the long account and the
elimination of the short interest that
prevailed in some of the spectacular
oil issues.
We are therefore disposed to recom
mend keeping lines within safe limits.
TWENTY STOCKS AVERAGE.
NEW YORK. June 24.—Twenty
industrial stocks Friday averaged
93.07, off .08 per cent. Twenty
active rails averaged 83.75, up .13
per cent,
CLEARING HOUSE STATEMENT,
NEW YORK, June 24. —Exchanges,
$S07,400,000; balances, $70,700,000.
Federal Reserve Bank credit balances,
$65,700,000.
Money and Exchange
Indianapolis bank clearings Sat
urday were $2,633,000; for the
week ending Saturday, $15,891,000.
Itank debits Saturday were $4,745,-
000; for the week ending Saturday,
$32,348,000.
NEW YORK, June 24.—Demand
sterling was quoted at $4.39% in trad
ing on the foreign exchange market
today. Franc cables were 8.44 c;
checks, 8.4314 c! Lire cables were
4.68 c; checks, 4.6714 c. Belgian ca
bles were 8.0314 c; checks, 8.03 c.
Marks were ,0028%c. Guilder cables
were 38.32 c; checks, 38.27 c. Sweden
kronen cables were 25.52 c; checks,
25.47 c.
Norway kronen cables were 16.44;
checks, 16.39 c. Denmark kronen
cables were 21.25 c; checks, 21.20 c.
NEW YORK BANK STATEMENT.
NEW YORK, June 24.—Average:
Loans, increased, $33,859,000; demand
deposits, increased, $18,682,000; time
deposit. Increased, $388,000; reserve,
decreased, $19,500,000. Actual: Loans
increased, $38,178,000: demand de
posit, decreased, $88,030,000; time de
posit, increased, $12,353,000; reserve,
decreased, $67,556,260.
MOTOR SECURITIES.
(By Thomson & McKinnon.)
—Juris 24—.
Earl Motors 3% 4
Packard corn 14% J 5
Packard pfd 87 89
Peerless 47 49
Continent! Motors com 7% 7%
Continental Motor* pfd 89 93
Hupp com 19% 20
Hupp pfd 105
Ro Motor Car 24% 25
Elgin Motors 2 2%
Grant Motors 1 1%
Ford of Canada 385 390
National Motors S 5
Federal Truck 17 20
Paige Motors 23% 26
Republic Truck IX 11%
ACTIVE OIL STOCKS.
(By Thomson & McKinnon.)
—June 24-
Bid. Ask.
Anglo-American Oil 19% 20%
Atlantic Lobo* 10% 11%
Borne-Scrymser 380 400
Buckeye Pipe Line 91 93
Chesebrough Mfg. C0n5.......185 195
Continental Oil. Colorado ...186 140
Coaden OH and Gas 6 13
Crescent Pipe Line 85 38
Cumberland Pipe Line . 125 185
Elk Basin Pete 10% 10%
Eureka Pipe Line 90 95
Galena-Signal Oil pfd 100 105
Galena-Signal OH com 57 69
Illinois Pipe Line .170 175
Indiana Pipe Line 90 95
Merritt OH 10% 10%
Midwest Oil 2 3
Midwest Rfg 200 ...
National Transit 26 28
New York Transit 168 175
Northern Pipe Line 100 105
Ohio Oil 295 805
Oklahoma P. & R 7 o
Penn.-Mex 30 37
Prairie Oil and Gas 570 590
Prairie Pipe Line 257 260
Sapulpa Refg. 4% 494
Solar Refining 360 380
Southern Pipe Line 93 97
South Penn Oil 220 230
Southwest Penn Pipe Lines.. 62% 64
Standard Oil Cos. of Ind 105 105%
Standard Oil Cos. of Kan 540 660
Standard Oil Cos. of Ky 93% 94
Standard Oil Cos. of Neb 185 195
Standard OH Cos. of N. Y 427 433
Standard Oil Cos. of Ohio ...440 460
Swan & Finch 30 40
Vacuum Oil ...420 435
Washington Oil 23 28
CLEVELAND PRODUCE.
CLEVELAND, June 24. Butter—
Extras, 42@42%c; prints, 43@43%c;
firsts, 41@41*4c; packing stock. 20@22c.
Eggs—Fresh, 26c; Ohio firsts. 230; West
ern firsts, 21c. Live poultry—Fowls, 24
©23c; rooster*, 15© 16c; broiler*. 30®
45c. Potatoes—Ordinary to good, $2.75
per 150-lb bag. Sweet potatoes—Good,
90c to $1 nr erst*; new, $4®5.10, per
barrel. r
INDIANA DAILY TIMES
Weather
Th following table shows the state of
the weather In other cities at 7 a. m„
June 24:
Station. Bar. Temp. Weather.
Indianapolis, Ind. ..80.16 72 PtCldy
Atlanta, Ga 80.18 70 Clear
Amarillo, Texas ...80.10 70 PtCldy
Bismarck. N. D. ...30.23 58 PtCldy
Boston, Mass 70.12 73 Clear
Chicago, 111 80.06 76 Clear
Cincinnati, Ohio ....30.20 70 Clear
Cleveland, Ohio ....30.12 76 Clear
Denver, Colo 30.24 62 Cloudy
Dodge City, Kaa. ...29.98 70 Clear
Helena, Mont 3Q.2J 48 Clear
Jacksonville, Fla. .80.10 74 Clear
Kansas City, Mo. ...30,10 78 Clear
Louisville, Ky 30.20 73 Clear
Little Rock, Ark. .*30.12 76 Clear
Los Angeles. Cal. ...29.84 *i Clear
Mobile ,Ala. 30.06 76 Clear
New Orleans. La. ..80.06 80 Clear
New York, N. Y... 30.14 74 Clear
Norfolk, Va 30.18 72 Clear
Oklahoma City 80.28 78 Clear
Omaha, Neb 30.18 70 Cloudy
Philadelphia, Pa. ...80.18 76 PtCldy
Pittsburgh. Pa 30.18 70 Clear
Portland, Ore 30.08 62 Clear '
Rapid City. S. D....80.36 68 Clear
Roseburg, Ore 80.08 54 Clear
San Antonio, Texas..Bo.oß 74 Clear
San Francisco, Cal.. 29.93 52 Clear
St. Louis, Mo 30.13 74 Clear
Bt. Paul. Minn 30.08 66 Clear
Tampa, Fla 80.06 78 Cloudy
Washington, D. C. ..0.16 72 Clear
WEATHER CONDITIONS.
Since Friday morning rains have oc
curred in Florida and at a few places in
the mtddle Missouri Valley and middle- :
western Canada. Elsewhere, fair weather j
has prevailed throughout the country. It
Is warmer In the lakes region, due to the
advance of the western disturbance cen
ter, which la now over northern Michigan,
but the readings are considerably lower
to the westward as far south as the mid
dle plains, where a field of high pressure
ha* crossed the northern Rockies.
CORN AND WHEAT BULLIRTV.
For the twenty-four hours ending at 7
a. m.. Saturday. June 24. 1923:
Temper
ature .u
g 5 %
Stations of 3 s
Indianapolis „ * Jft - § b
District I? |S SiS- <s*
'i- 1
South Bend 91 I 63 i 0 1 Dusty
Angola 88 j 68 ! 0 Good
Ft, Wayne 90 ] 66 0
Wheatfleid 92 ; 67 0 Good
Royal Center 93 I 66 0 Good
Marion 90 68 0 Good
Lafayette 91 68 0 Good
Farmland 91 61 0 Good
Indianapolis S3 (7 0 Good
Cambridge City ... 80 56 0 Good
Terre Haute 88 66 0 Good
Bloomington ...... 60 53 0 Good
Columbu% 95 [.66 0 Good
Vincennes 93 58 0 Good
Paoli 85 56 0 Good
Evansville 88 |66 I 0 1
J. IH. ' ARMINQTON.
Meteorologist. Weather Bureau.
In the Cotton Market
NEW YORK, June 24.—The favor
able overnight weather resulted in a
continuation of active gelling of cot
ton at the opening today.
Fir*t prices were 5 to 25 points
lower, but at the decline the trade
and local professionals were good
buyers.
New York opening cotton prices:
July, 21.50 c: August, 21.75 c: Septem
ber. 21.70 c; October, 21.55 c; December,
21.30 c; January, 21.15 c; March, 21.05 c;
May, 20.87 c.
The market was easy in the late
dealings, closing at a net decline of
22 to 32 points.
—Cotton Futures—
Open. High. Low. Cloee.
Jan nary 21.1 5 21.17 20 95 31.08
March 21 05 21.07 20.86 21.01
May 20.87 20.87 20.80 20 80
July 21 61 21.63 21.10 71.40
October 21.65 21.65 2.!0 -*1.40
December 21.10 21.31 21.05 31.25
Local Stock Exchange
—June 24
STOCKS.
Bid. Ask.
Ind. Ry. A Light com f.7
Ind. Ry. & Light pfd 84% ...
Indpls. St. Ry Hi
Indpls. N. W. pfd 49
ludpis. & 8. E. pfd &>
T. H., T. A L. pfd 73
T. H. I. A E. com 1
T. 11. I. & E. pfd 2% ...
U. T. of Ind. com 3
U. T. of Ind. Ist pfd. ... 9 14
U. T. of Ind. 2d pfd 1 6
Advance-Rumely pfd 47 ...
Advauoe-Rumel.v com 16 ...
Am. Central Life 200
Am. Cresoting pfd PI
•Belt R. K. com 59
•Belt R. R. pfd 60% ...
Century Bldg. Cos. pfd. ... PI
Citisens Gas Cos 20%
City Servire com 230 23.5
City Service Cos. pfd 68% <19%
Dodge Mfg pfd
Home Brewing fV> ...
Ind. Hotel com 88 ...
Ind. Hotel Cos. pfd PP% ...
Ind. Nat. Life Ins. Cos 2 ...
Ind. Title Guarantee 60
Ind. Pipe Lines 89
Indpls. Abattoir pfd 45
•Indpls. Gas
Ir.dpls. Tel. pfd 90
Indpls. Tel. com t ...
Mrr. Pub. Util. pfd. 60
Nat. Motor Car. Cos 0
Pub. Savings Ins. Cos <5
Ranh Fert, pfd 49 ...
Standard Oil of Indiana ... 100
Sterling Fire Insurance Cos. 7% ...
Van Camp Hdw, pfd PO
Van Camp Prod. Ist. pfd. ... 97 100
Van Camp Prod. Cd pfd
Vandalia Coal Cos. com 1 ...
Vandalia Coal Cos. pfd 7 12
Wabash Ry. pfd 28
Wabash Ry. com 11 ...
BONDS.
Broad Ripple 6t 62% ...
Citizen* St tt. R. 5* 82% ...
Indian Creek Coal A- Mine* 6s ... 100
Ind. Coke & Gas 6s 86 90
Indpls. C. & S. Ss 92
Indpls. & Martinsville 5a .. 61
Indpls. Ai North, os 43 ...
Indpls. Bt. Ry. 4s 08 73
Indpls. & N. W, Cm 54 58%
Indpls. Sc S. E. 5s 40
Indpls. Shelby A 8. E. 6s , 63
T. H.. t. & E. 5s 64% ....
Citizens Gas 5a 85% 88
Indpls. Gas 5s 86% ...
Kokomo M. A W. 5s KK% 01
Ind. Hotel Cos. 6s 99% ...
Indpls. Water 5s 96 100
Indpls. Water 4%s 81
Indpls. T. A T. 5s 82% 84
Indpls. L. AH. 5s 91% 94
U. T. of Ind. 6s 59 62
Mer. H. A L. 5s 99% ...
New Tel. L. D. 5s 07
New Tel. Ist 6s 97
Bouth. Ind. Power 6s 80% 91%
CHICAGO STOCKS.
(By Thomson A McKinnon.)
—Juns 24
Armour A Cos. pfd. 97% 97% 97% 97%
Armour Leather.. 12%
Arm Leather pfd. 86%
Cht. El. Rya. pfd. 8
Com. Edison 130% 130 ii 130% 130%
Coni. Motors .... 7% ...
Earl Motors 3% ...
Ltbby-McNetU ... 2% 2% 2% 2%
Mont. Ward 22
Nat Leather, new 8% 8% 8% 8%
Figgly Wiggly A. 42 42 41% 41%
Quaker Oats 98 98 97 97
Reo Motor ... 24% 25 24% 24 %
Stewart-Warner . 42% 43% 42% 43%
Swift A Cos 100%
Swift Inti 20 20% 19% 19%
Thompson (J. R.) 46
Tcmtor Corn A ... 174
Un Carb A Carb. 66% 66% 55% 65%
Wahl 69 69% 69 69%
Wrlgley 101
Yellow Taxi 71% 71% 71 71
mis GROWERS MEET,
A meeting of iris growers who are
interested in the local iris society,
proposed by exhibitors in the flower
exhibitions staged last month by the
Indianapolis public library and the
Bankers Trust Company, will be held
Monday evening at 8 o’clock in the
Bankers Trust Company’s directors’
room.
SWINE PRICES
10 CTS, LOWER
Speculators Only Buyers of
Cattle—Veals Steady.
RANGE OF HOG PRICES.
Good Good Good
Juno Mixed. Heavy. Light.
17. $ 10.80 0 ] 0.85 $10.85010.80 $10.85010.90
19. 10.80 0 10.85 10.70® 10.80 10.85010.90
20. 10.90@110.85 10.70@10.80 10.85@10.90
21. 10.95011.00 10.85@10.95 11.90911.10
23. 10.90® 11.00 10.80010 90 10.95011.10
23. 10.76@10 85 10.70@10.75 10.901b11.00
24. 10.70010.80 10.65@ 10.70 10.80010.90
With the demands of both shippers
and packers poor, swine prices were
10 cents lower generally in trading on
the local live stock exchange today.
Receipts for the day approximated
5,000. '
Trading 'vas slow during the first
hour, but was some better after that.
A fair clearance for the day was an
ticipated.
There was a top of $10.90 lights, at
which there were only a few sales,
while the bulk of that grade sold at
around $10.85. Mixed and mediums
brought $10.75@10.55, and heavies,
$10.65@10.;5. Pigs brought the price
of the loads and down, stags, $8.25
and down, and roughs, $9.75 and down.
The bulk of the sales for the day
ranged at $10.75@10.85.
Cattle prices were steady, with re
ceipts very light at 150, the quality
fair and speculators about the only
active traders.
Veals were steady. The quality of
stuff offered was fair and the demand
good. Receipts were light at 300.
There were less than 50 sheep and
lambs on the market. Prices ruled
steady.
HOGS.
100 to 160 lbs. average $10.80@19.9d
Over 300 lba 10.60@10.65
150 to 300 lbs.. 10.60@ 10.90
Best pigs, under 140 lbs 10.50@10.90
Top, 10.90
Roughs 9.25 0 9 75
Stags 7.50@ 8 25
Bulk of sales 10.751b10.85
—Cuttle—
'Few chotce stoers 8.76 0 9.50
I'rlme corn-fed steers, 1,000 to
i 1.300 Lbs 7.30® T6O
[ Good to chotce steers, 1,200
to 1,300 lbs 7.35@ 7.60
! Good to choice sleern, 1,100
! tc 1,300 .lbs 7.15® 7.35
Good to choirs steers, 1,000
to 1,190 lbs. 6.600 7.15'
Common to me lium steers, 800
to 1,000 lbs 6.5® 6.60
—Cows and Heifers—
Fw chotce heifers 8 75 @ 9 25
Good to choice heifers 7 *SO 8.35
Medium heifers 7.35 @ 7,8 5
t'ommon to medium heifers.. lI.UOO 7.25
Good to choice cows 5 *SO 8 36
Common to good cows 3.500 6 59
fanners 2 so@ 3.50
Cutters 2.250 3.35
—Bulls—
Faney butcher bui's 5 25 ® 5 50
Good to choice batcher bulls. 6.00® 623
Bologna balls J. 500 3 74
'Light bologna bulls 3.00® 3 25
U.lght common bulls 3.000 3.60
—Calves—
Cholcs veals 11.00011.59
| Good veals t0.60@11.00
; Medium veals 10 00010.60
Fair to mvllum 9.5c@j0.00
(Lightweight veals 8 50® 9.50
Heavyweight veais 7.50® 5.50
—Stocker# find Feeders—
Good so cholcs steers under
| 899 lbs 8.25® 7.50
Medium cows 3 600 8.76
! Good cows 4 00® 4 65
Good boifsr* 6,00 0 7.50
Medium to good heifers 4 50 ® 6 75
; Milch cows and springers.... 86.00 @85.00
—-Sheep and Lambs—
Cull ewns 1 50® 2 00
Good to choice ewes 2.00@ 4 60
Bucks 2.00® 5.50
Vearlli.gs 6.00® 8.00
Springers ................... 8.00 @12.00
Culls 5.00 0 7.00
Other Livestock
CHICAGO. June 24.—Hogs—Re
ceipts, 8,000; market, steady to strong;
bulk of sales, S9.SO a 10.75; top, $10.SO;
heavies, $10.35@10.60; mediums, $10.50
@10.75; lights, $10.50010.75; light
lights, $10.40@10.75; packing sows,
smooth, $9.20@9.70; packing sows,
rough, $8.50@9.25; pigs,
Cattle—Receipts, light; market, alow
and steady. Sheep and lambs —Re-
ceipts, extremely light; market, slow
and steady.
CINCINNATI, June 24.—Hogs—Re
ceipts, 2,000; market, steady; all
grades good hogs, $11; pigs, $10.55-
toughs, $0; stags, $5.50@5.75. Cattle
Receipts, 400; market, steady; bulls,
weak; calves, $10.50 down. Sheep and
lambs-—Receipts. 4.800; market, steady;
ewes, $5 down; choice lambs, sl2@
12.50; seconds, $8; culls, s4@s.
CLEVELAND, June 24.—Ilogs—Re
ceipts, 2,000; market, strong; Y'orkers
and pigs, $11.25; mixed. SU; mediums.
$11.30; ’oughs, [e-mail]; stags, ss@
6.50. C? :tle— Receipts, 4,000; market,
dull. Sheep ami lambs —Receipts, 500;
market, slow; top, sl3. Calves—Re
ceipts, 1,300; markets, slow; top, $lO.
EAST BUFFALO, June 24.—110 gs
Receipts, 2,000; market, active; york
ers. $1,1.35© 11.50; pigs. $11.40® 11.50;
mixed, sll.lo® 11.50; heavies, $11.15®
11.33; roughs, $S@9; stags, ss@6.
Cattle —Receipts, 400; market, steady.
Calves —Receipts, 150; market, active;
cull to choice, $4@12.50. Sheep and
lambs-—Receipts, 800; market, slow;
choice lambs, $13@13.50; cull to fair,
$8@12.75; yearlings, $7@10.50; sheep,
s3® 7.50.
EAST ST. LOUIS, June 24.—Hogs—
Receipts, 2,500; market, 20 to 2Bc
higher; mixed and butchers, $10.90®
11; good heavies, $10.55®10.90; roughs,
$9@9.10; lights, $10.90@11.06; pigs
$10.25@10.75; bulk of sales, $10.90@11.
Cattle —Receipts, SSO; market, steady;
native beef steers, $9®9.60; yearling
steers and heifers, $9@9.60; cows, $3.50
@6.50; stockors and feeders, $3.26®6;
calves, $3.50@8.60; canners and cut
ters, $2.25@3.75. Sheep and lambs—
Receipts, 1,000; market, nominal; mut
ton ewes, $5@5.50; good to choice
lambs, $10.50@12.35; canners and chop
pers, sl@2.
PITTSBURGH, June 24.—Hogs—
Receipts, 1,500; market, steady; prime
heavies, $11.I5@11.20; mediums,
$11.35® 11.20; mediums, $11.35@11.40;
heavy yorkers, $11.40® 11.50; pigs,
$11.40@T1.50; roughs, sß@9; stags, $0
@5.50; heavy mixed, $11.25@11.30.
Cattle —Receipts, 100; market, steady;
choice, $9.25@9.75; prime, [e-mail];
good, $8.25@8.75; tidy butchers, $8.25
@9; fair, $6.50@7; common, $6@6.50;
common to good fat bulls, $3@6.25;
common to good fat cows, $3.G0@6.25;
heifers, s6@B; fresh cow’s and spring
ers, $35@75; veals, $10.50; heavy and
thin calves, ss@B. Sheep and lambs
—Receipts, 600; market, steady; prime
wethers, $6@0.50; good mixed, ss®
5.75; fhlr mixed, $4®4.75; culls and
commons, sl@3; choice lambs, sl3.
CHICAGO PRODUCE.
CHICAGO. Jitpe 24—Butten—Re
ceipts, 17.000 tubs, creamery extras,
37c; standards, 37%c: firsts, 32@36c;
packing stock, 26® 26c. Eggs—Re
ceipts, 25,300 cases; current receipts,
20*£@21c; ordinary firsts, 20@20%c;
firsts, 21%@22c; extras, 23c, checks,
18@>18Msc; dirties, 15c. Live poultry
—Turkeys, 25c; chickens, 22c; broilers,
28@38c; roosters, J4c;
duck*, 20 @230.
GRAIN MARKET
TONE IRREGULAR
Slight Rallies Occur Shortly
Before Session’s End.
CHICAGO, June 24.—Grain prices
were irregular during closing deal
ings on the Chicago Board of Trade
today.
The market rallied slightly at the
close, after being weak all day.
Rain, benefiting the wheat crop in
Canada and the Northwest, was re
ported.
A light rain fall was also reported
in sections where the corn was suffer
ing from lack of moisture.
Selling pressure was heavy, with
little buying power apparent.
Oats were strong.
Provisions were irregular.
July wheat opened off at $1.13%,
and closed down %c. September'
wheat opened down %c at $1.14%, and
closed unchanged. December wheat
opened off %o at $1.17%, and closed
up %c.
July corn opened off 14 c at 63 %c.
and closed down %c. September corn !
opened off %c at 67c, and closed off
%c. December corn opened off %c at
67c, and closed down %o.
July oats opened off %o at 37%c,
and closed up %c. September oats
opened off %c at 39%c, and closed J
up %c. December oats opened un
changed at 42%c, and closed up %c.
(By Thomson & McKinnon.)
—June 24 —
Wheat—Cooler weather In the
Northwest, light rains in the West
and easy cables brought only scat
tered soiling in wheat. There seems
to be a general desire to anticipate
lower prices under the first movement
of the new crop. However, we notice
that country selling of new wheat dis
pears when prices decline. It is quite
possible that the first effect on prices
of the movement of the wheat will
be downward, but in view of Europe's
needs, which will bo larger than last
year, and in view of the fact that
the outcome of the spring wheat
crop is quite uncertain, we are not
inclined to folllow a downward trend,
believing that it will be temporary.
Corn and Oats —Lower tempera
tures and light rains in Nebraska and
lowa uncovered an overbought posi
tion in corn. Oats were slightly smy
pathetic, but there was at no tjme
any pronounced Increase in offerings.
-Best obtainable advices from all
sources indicate a short crop of oats
and poor quality. We therefore fecj
that prices must make further re
sponses to this condition.
Provisions—An absence of demand
was more noticeable in the provision
list than any prominent selling. The
market seems to have a healthy situ
ation underlying, but is devoid of im
mediate motive for any activity.
CHICAGO GRAIN TABLE.
—June 24
WIT HAT— Op*n. Hlffh. Lott. C! o#e.
July,,.. 113% 1.13% 1.12% 1.13%
Sept.... 1.14% 1.14% 1.13% 1.14%
1V0.... 1.13% 1.18 1.17% 1.18
CORN—
July 62 % .63% .62 .<12%
Sept 67 .67 .66% .66%
Dec .... .07 .67 .65% .66%
OATS—
July S7H ..37% .36% .37%
Sept 36% .4014 .39% .40%
Dee .... 42% .42'-j .41% .42%
LARD—
July.... 11 42 11 42 ILS7 11.37
Sept 11.65 11.72 11.65 li.Oil
RIIIS' -
July.... 12.15 12.20 12.07 207
•Sept 11.92
RYE—
July RS AS .87% .87%
Sept.... A7 a 4 •$% .87% .87%
•Nominal.
TOLEDO SEED AND GRAIN.
TOLEDO, June 24. —Cloversoed—
Cash, $13.00; October, $11.02; Decem
ber, $ll.OO. Alsike —Cash, $ j 1.75; Au
gust, $11.95; October, $11.40. Timothy
—Cash, $3.10; September, $3.20; Oc
tober, $3.05. Wheat—Cash, $1.18%;
Investments for July Funds
INDlrt. !.\. ROAD BONDS
(Exempt from all taxes in Indiana, including Federal Income taxes)
County. Denomination. Maturity. Price.
Gibson SSOO Serial, 1928 to 1932, Inclusive 4.40%
Vamlerburg $1,090 Serial, 1924 to 1927, Inclusive 4.50%
Allen SI,OOO Serial, 923 to 927 4.50%
Wells.. $650 1931,1932 4.40%
REAL ESTATE PREFERRED STOCK
(Exempt from all taxes in Indiana, including Federal Normal Income tax)
Security. Denomination. Maturity. Yield.
Fishbaek Realty Cos., 6%% SIOO Serial, 1924 to 1927,1925,1927
Rlioades-Beckett Klty. Cos., 6Vj%.. SIOO Serial, 1925 to 1936 6Va %
Western Oil Refining Realty Cos.,
6%% SIOO 1926, 1927 C^%
PREFERRED STOCK
(Exempt from all taxes In Indiana and Federal Normal Income taxes)
Security. Rate. Denomination. Yield or Price.
Citizens G l as Company 7% SIOO 7%
Indianapolis Street Railway 6% SIOO Price SSO gb^
Van Camp Products Packing Cos 7% SIOO 7^,
CORPORATION BONDS AND NOTES
Security. Denomination. Maturity. Print,
Toledo, St. Louis & Western
Equipment Notes, 6% SI,OOO 1932 5.75%
Toledo, St. Louis & Western
Equipment Notes, 6% SI,OOO 1933-35 5.70%
Indiana Truck Corporation, 6% SSOO, SI,OOO . 1924, 1930 7.50%
Indianapolis Abattoir Co.*
Notes, 7V 2 % SSOO, SI,OOO 1931 7%
Republic Finance and Invest
ment Cos. Collateral Notes.. ..SIOO, SSOO, SI,OOO 30, 60, 90 and 120 Days 6%’
GOVERNMENT AND MUNICIPAL BONDS
Security. Denomination. Maturity. Yield or Frio*,
U. S. Mil. Govt. Issue of Bonds
for Dominican Rep., 5%/ ~ SSOO, $1,0001958 ( B &uw $93.50
Hendersonville, N. C., Wr *tr 4 ggpr •
Works, 6% SI,OOO 1937-1946 5.40%
Uvalde Cos., Texas Rd, 5 V 2 % SI,OOO 1924, Serial to 1947 5.40 to 5.20%
Complete Descriptive Circulars Will Be Sent Promptly Upon Request
©FLETCHER AMERICAN COMPANY
Second Floor Fletcher American Bank Building
INDIANAPOLIS
Detroit Chicago / Bend Lou!vQll4 1?
June, $1.18; July, $1.15%; September,
$1.17. Corn—-Cash, 68%@69%c. Oats
—Cash, 42@44c. Rye—Cash, 69c. Bar
ley—Cash, 65c.
PRIMARY MARK ITT 8.
(By Thomson & McKinnon.)
—June 24—■
RECEIPTS.
Wheat. Corn. Oats.
St. Joseph ........ 3,000 25,000 2,000
Chicago 23,000 409,000 232,000
Milwaukee 22,000 19,000
Minneapolis 128,000 65,000 64,000
Duluth 141,000 88.000 6.000
St. Louis 41.000 34,000 66,000
Toledo 6,000 9,000 4,000
Detroit 2,000 4,000
Kansas City .....201,000 61,000 17,000
Omaha 34,000 111,000 46,000
Indianapolis 13,000 65,000 20,000
Totals 393,000 869,000 464,000
Year ago 989,000 953,000 716,000
SHIPMENTS.
St. Joseph 3,000 18,000
Chicago 30,000 34,000 147,000
Milwaukee 10,000 59,000
Minneapolis 159,000 28,000 126,000
Duluth 78,000 219,000
St. Louis 33,000 69,000 62,000
Toledo 5,000 4,000 3,000
Detroit 2,000
Kansas City 235,000 14.000 10,000
Omaha 16,000 99,000 43,000
Indianapolis 20,000 10,000
Totals 559,000 298,000 684,000
Year ago 665,000 470,000 348,000
CLEARANCES.
New York 40,000 4,000
Boston 24,000 ...... ......
Philadelphia ~..140,000
Baltimore ....... 24,000
Totals 188,000 4,000
Year ago- 40,000 69,000
INDIANAPOLIS CASH GRAIN.
—June 24—
Bida for car lota of grain and hay
at the call of the Indianapolis Board
of Trade wore:
Wheat—Easier; No. 2 red, $1.09 @
1.11.
Com—Easier; No. 3 white, 55% ®
56%c; No. 4 white, 54%@55%c; No.
3 yellow, 54%@55%c; No. 4 yellow,
53%@54%c; No. 3 mixed, 54@54%c;
No. 4 mixed, 53@53%c.
Oats —Easier; No. 2 white, 34% @
35c; No. 3 white, 33%@34c.
Hay—Weak; No. I timothy, slß@
18.50; No. 2 timothy, sl7.so>@:iS; No.
1 Jight clover mixed. sl7c® 17.50; No
1 clover, $14.50@15.
—lnspections
Wheat—No. 4 red, 1 car; sample, 1
car; total, 2 cars.
Cora —No. 3 white, 5 car3; No. 4
white, 5 cars; No. 5 white, 1 car;
sample white, 2 cars; No. 1 yellow, 1
car! No. 2 yellow, 1 car; No. 3 yel
low, 2 cars; No. 3 yellow, 4 care; No.
6 yellow, 4 cars; No. 1 mixed, 1 car;
No. 2 mixed. 1 car; No. 3 mixed, 1
car; No. 6 mixed, 1 car; total, 29 cars.
Oats—No. 2 white, 1 car; No. 3
, 5 cars; No. 4 whiter 4 cars;
No. 3 mixed. 2 cars; total, 12 cars.
Total number of cars for day, 43.
Grain prices quoted f. o. b., basis
41 %c rata to New York.
BOADD OP TRADE ST A YEMPTST.
The weekly statement of the Indiana
Board of Trade ehowing the output of
flour by local mills, Inspections for the
week and stock In store, follows:
COMPARATIVE STATEMENT.
—Output of Flour —
June 24, 1922 7.590 hbla.
June 17, 1921 6,959 hhls.
June 25. 1921 5.1 24 hbls.
June 26, 1920 8,698 bbis.
—lnspections for Week—•
Wheat 14,000- bn.
Corn ..... 390.000-116,000 bu.
floats 164,000- 82,000 bu.
Dye 3.000- 1.400 bu.
Stock In store June 24, 1923, 8,98 4 bbis.
PTOCK IN STORE.
Wheat. Corn. Oafs. Rye.
•Tune 24. 1922..72 000 395.009 17.1,000 1.000
June 25. 1921..52,870 345,600 235.770 1,000
June 26, 1920..70,020 358,600 130,620 3,810
HAY MARKET.
Tfco following are the Indianapolis
prices for hay, by the wagon load, de
livered in Indianapolis:
Hay—Loose timothy, $18@20; mixed
hay, slS@l9; baled hay, slS@l9.
Oats —New. per bushel, 42<@45c.
Corn—Both old and new, per baahel,
63@toc.
WAGON WHEAT PRICES.
Indiana:* .is flour mills and elevators
Paturdaj rere paying $1.07 per bushel
2 red winter and according to test for
for No. 1 red winter wheat; $1.05 for No.
No 2 red.
Auditor’s Protest
Holds Up Paving
After Leo K. Fesler, county auditor,
had declared $125,430, the estimated
cost of the improvement of a stretch,
of Illinois street running for 2.59 miles
north from the canal, is exorbitant
and that the estimate of $3.30 per
square yard for concrete would give
bidders an opening to charge the
county an exhorbitant figure for the
Improvement, the county commission
ers today ordered a second review of
the road made and that an unofficial
report submitted to guide the board of
commissioners in awarding the con
tract. The auditor was directed to ad
vertise for bids.
Four Sentenced
for Auto Theft
Four young men were found guilty
of grand larceny today in Criminal
Court and sentenced by Judge James
A. Collins as the resulting of the
theft of an automobile from John S.
Farrell, 1650 College avenue, May 29.
They were charged with vehicle
taking, grand larceny, and the un
lawful possesion of an automobile.
Lewis McQuery. was sentenced to
serve one to fourteen years in the
reformatory and was fined SIOO.
Frank Hall Tilley and Clarence
Daniels each were sentenced to serve
nine months on the State Farm and
Renciel Williams was sentenced to
thirty days.
Man Is Overcome
by Escaping Gas
Everett O. Felix, 35, 426 North
Hamilton avenue, was found uncon
scious from gas escaping from a wa
ter heater in his home today by his
brother-in-law, Wilson C. Orin, 65
South Tremont street. First aid was
given by Dr. H. J. Weil, Hamilton
avenue and Michigan street, and Fe
lix was removed to the city hospital.
His condition is not serious.
Spends $13,500 for
Forty Acres of Land
The purchase of forty acres of land
adjoining the hospital for tuberculars
at Sunnyside for $13,500 from James
B. Smith, guardian of Eliza J. Spring
er, was announced by the Marion
county board of commissioners to
day. The tract bought will be used
for grounds on which to construct a
dairy later.
Quick Work Fails
to Save Tigerist
George Rodgers, 43 South West
street, was fined SIOO and costs on
the charge of operating a blind tiger,
today. The evidence was heard a few
days ago in city court. When the po
lice raided Rodgers home he spilled
the contents of a bottle on the floor.
Announces Transfer
of Memorial Sites
John C. Ruckleshaus, county attor
ney, announced today the transfer of
\ properties now occupied by the Elks
Club, and the Columbia Insurance
Company, will probably be completed
next week. This property Is Included
in the block to be used for the con
struction of the War Memorial plaza.
Updyke 7 ''ads Negro
Nominally Contestor
Ralph Updike, ele\ Republican
nominee to the State Legislature,
whose nomination Thomas Dexter, ne
gro, is contesting, has a lead of 123
\ votes. Returns from 106 precincts
; have been tabulated.
11