davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
BOARDOF SAFETY
FIRES PATROLMAN
Thomas Haynes Fails to Ap-
pear for Trial,

One patrolman was dismissed and
a patrolman and a fireman were sus-
pended thirty days by the board OF
safety today.
Patrolman Thomas Haynes, charged
with unbecomlng conduct, failed to
appear for trial and was dismissed
Patrolman Roy Lacey, found guilty
of unbecoming conduct, was suspend
ed thirty days from date Of dismissal,
Jan. 7. Police said they found Ave
gallons Of homemade beer at Lacey's
home.
Justin Hornaday, fireman, was sus-
pended thirty days from date Of dis
missal, Jan. 8. Hornaday was charged
with driving n truck while intoxicaed-
Charges Of unbecoming conduct We're
filed against Fireman George Ream of
Pumper Company No. IL. when Chief
John J. O'Brien charged he was in
citing a riot at the Durgan political
meeting in Tomlinson Hall last Sat
urday.
Trafficman Patrick Moriarity was
reduced to patrolman at his own re-
quest and Patrolman Earl Davis was
promoted to tTafficman.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
2,O3O,959 FORDS
MADE LAST YEAR
Cars and Trucks Increased
90 Per Cent Over 1922.

BIZ UHit,d Press
DETROIT, Mich, Jan. 22-Final
figures for 1923 OF the Ford Motor
Company, show a total Of 2.200,6s2
Ford products for the year.
or this number 2.090959 represents
Ford cars and trucks alone. The out
put of Fordson tractors totaled lOl,-
S9S while 1895 Lincoln cars were
manufactured, establishing new
yearly record.
Every branch OF the Ford output
showed d decided increase over 1922.
In the case Of Ford cars and trucks
this amounted to 759,626 or an In
crease Of more than go per cent. Re,
fleeing greater demand in both
agricultural and Industrial fields,
Fordson tractor production rose from
60 .9S5 in 1922 TO Io1 ,S9S for the year
just ended.
Demand for Lincoln cars has Ike
wise continued to grow 1928 bring
ing an increase OF 1858 over 1922
when 1913 were produced.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
From
Far and Near

Carlinville, Ill, police were forced
to raid their own Jail and arrest
eight inmates for drunkenness after
the inmates had consumed home brew
held as evidence.
George B. Christian. Jr.. Ohio. for
mer secretary to President Harding
has been named to become a member
Of the Federal trade commission.
A new law has been passed in
Turkey permitting girls Of 10 marry
boys of IL in order TO increase the
population rapidly.
Wisconsin spent approximately $685.
900 900 on highway construction. main.
tenance and supervision during the
past year, the State highway engi
neer told delegates 10 the State road
school at Madison Tuesday.
Katoe schratt, vIennese actress. IA
nous IA the intimate friend OF the
old Emperor Francis Joseph. is re-
ported to be peddling lace in Vienna
to buy food. She was formerly very
wealthy.
An average Of SIS Tor every man,
woman and child in the United States
we paid in some form OF Government
tax In 1929.
s. e. J. Cox. nationally known oil
promoter OF Houston. Texas. who a
few years ago headed oil concerns cap
itallzed at $50. 200. 900, is broke. He
recently sold his furniture at auction
to pay his income tax. He Is serving
In 1928 America smoked more than
so. 600 600. 900 tailor made cigarettes
an increase og 1906. 100000 over the
previous year.
For having jumped in front Of a
train to save the life OF an epileptic
A. a. Cronen. OF Gallon. o.. has been
cited to receive a Carnegie's hero
medal.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
CURB MARKET SWINGS
INTO FORWARD MARCH
Oils in Many Cases Make Vigorous
Response to Increase.
y United Financial

By United Financial
NEW YORK. Jan. 22.-Curb market
Wung into a healthy forward move
tnent during the forenoon today with
the oils in many cases making Wgor-
Gus response to the news that Califor.
mia oil prices had gone up and that a
giant independent oil combination is
in prospect.
Solar Refining gained 81 and Stand
ard OF Ohio Z. Standard OF Nebraska
went to 25e1s, up 91a. but tapered of
20 252. Vacuum gained 1ss and In.
diana 3.
Mutual led the Independents, reach
ing a new high at 1871. up e.
Strength here was due to the fact
that Mutual is mentioned as one Of
the main constituents OF the pending
mergers.
Gold Dust was a leader Of the indus
trials, gaining "a while Ward IA
picked up S7s points. The "B" was
bit better. The Lehigh Valley Issues
were moderately active around prev
ious levels.
The big independent oil merger, 1t
Is said, will be from the new consoE-
dalton which the Sinclair interests
have been reported as attempting.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
FRIDAY ZERO HOUR
IN DOG TAX WAR
Judge to Hear Appeals Of
Twelve Owners.

Firing IN the dog tax war" viii
begin on a new front Friday morn
ing. when twelve dog owners who
were fined $3.50 by justices OF the
peace for alleged non-payment Of dog
tax will face their accuser. Constable
NJ. A. Toward. before Criminal Judge
James A. Collins. on appeals. The Of
fetal title on the court calendar is
dog day"
Those who appealed:
William NJ Walden, ST. Shelby ST.:
Sadie j. Ryman, 426 s. Holmes ST.;
Raymond e. Storck, 2840 Sangster
Ave: Nora Reed, COZ Z. Market ST.;
j. E. Friker, 1921 Macpherson Ave;
G. B. Watkins. 1915 Hazel St; Roger
C. Richardson, 2414 y. Rural St;
William l.. Lamphere, $40 L. NJ CHI
gan ST.: Arthur Donegly, 20l9 Boule-
ward Pl.; Walter Wormser, 1928 Salem
Ave: Charles J. Hoffman ana H. C.
Owsley.
Prosecutor william P. Remy re-
ceived a letter from Mayor Shank
commencing his investigation of the
dog war
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
POULTRY SHOW FEB. 1917
Persian Cat Society to Hold Joint
Exhibit.

Indianapolis poultry and pet stock
show will be held at Tomlinson Hall
Feb. 1917 In conjunction with thu
State meeting of the Rhode Island
Red Club and the national meeting Of
the Black Langshan Club.
Mayor Shank Is offering a $40 cup
for the best twenty Rhode Island Reds.
The Times is Offering a 500 cup for
the best display Of Barred Plymouth
Rocks. The association is Offering
from SIS to $40 in special cash prizes.
The Indianapolis Persian Society
viii hold a cat show in connection
with the exhibition. opening Feb. Is.
Premium lists can be had from Thee
Hewea, 20 w. washington St
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
Grain Briefs

CHICAGO. Jan. 22.-Eugene Meyer. IT..
head of the war finance corporation. has
been sent to the northwest. where he will
attempt to settle a dispute between bank
IS and farmers 1t is understood banks
no ding farm loans are insisting that farm-
ers market their grain and take Up their
notes.
How long the liberal corn movement will
continue is a question that battles traders
Many in the trade who talked so cents for
May corn have sold out and now look for
iOwer prices
Argentine wheat IS beginning 10 move In
volume. Argentine weather is favorable for
the new corn crop. viii promises a rec
ord yield Outward movement at present
is slow and port stocks are light.
The wheat market presents no new
features. Domestic demand is not actis Il
enough TO absorb stocks as rapidly as is
necessary to stimulate a bull movement.
Severe weather ls expected to interfere
with the large corn movement Anticipated
and also increase feeder dtmand
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
TYNDALL TO Use PLAN
Troops To Be Modified Under New
Arrangement.

A mobilization plan for the 3Sth
National Guard division will be
used for the first time next summer
at Camp Knox, Ky, Maj. Gen. Robert
Fl. TyndaI, commanding general, de-
clESod Monday night at a meeting of
unit commanders and field and staff
officers.
After the meeting at division head
quarters. 522 N. Pennsylvania St..
officers attended a dinner at the In
dianapo1is Athletic Club.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
PARKING RULE ATTACKED
City's Right to Sell Space May Be
Tested In Court.

Validity Of the city's ordinance
whereby mo parking space is sold to
business houses by establishment of
safety zones may be attacked In court,
it was learned today.
An ordinance increasing fees to $50
for each eighteen feet, with $40 for
each standard, has aroused merchants
opposition. Attorneys representing a
local taxicab company hold that the
city has no right to sell space in a
public street for exclusive use Of
private interests.
The measure passed the council de-
spite protests of Mayor Shank that
it was Illegal. w. T. Bailey, assist
ant city attorney. conferred with mer.
chants today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
CORN DISPLAYS
EARLY STRENGTH
Weakness Develops in Wheat
in Opening Transactions.
BIZ United Financial

BIZ United Financial
CHICAGO, in. 22.-Irregularity fea-
tured opening grains on the Board OF
Trade today.
Weakness developed in wheat early.
Tra ing was light and without fea-
lures. Foreign markets were de-
pressed. Liverpool opened irregular,
IS lower to Y higher. A better miller
demand exists in the United Kingdom
for nearby parcels, but stocks are low.
Corn displayed individual strength,
due TO good local support by those who
have been on the buying side for sew
eral weeks. Receipts were light. Corn
was in a strong position in Liverpool.
Stocks there are low and daily ar.
rivals below normal requirements.
Oats showed little strength, being
under the influence of corn.
Provisions opened unchanged, but
had a strong undertone.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
INSURANCE FIRM LOSES
Indemnity Exchange Ordered to Pay
$3.50 Policy on Burned Auto.

Isaac Moore. colored, 901 FIT. Wayne
Ave, today was awarded $3.50 tudg-
ment on an insurance policy in a jury
trial in Superior Court
Moore, who operates a transfer
business, alleged the William Penn
Motor Indemnity Exchange refused to
pay insurance due for theft and burn
ing Of his truck in May, 1921. The
company defended it's action on the
grounds Il had a signed release OBJ
tanned from Moore admitting he stole
his own car and burnt it. Moore tes-
titled the confession was obtained by
private detectives who gave him the
third degree" The jury debated
seventeen minutes.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
MARRIAGE Licenses

Max Ferree, y, sullivan. Ind, Helena
Stewart IS. II W. Sixteenth
r. T. Atkinson, 90, 22o4 f. Washington;
Edith Hood 80. 1O5 S. Gladstone.
r. NJ. Myrick II Mooresville. Ind; Anna
Martin Is r. Il. o.
Roosevelt Drsne 10 $50 W Vermont;
Fifth
Joe Woodland. 80. indianapolis; odella
X Barrows 20. 1893 Talbot; Wiz.
Einia Petersen is QO2 \ PENNEY wanna.
D. n. Whiting IS Peoria ~. Amy
G. f. Hardt A. Fl BEN amin Harrison {:
Mary Jones 30 80 New Jersey.
Glen winters - 1874 n. Meridian; Uryl
Hollon. 10 34ps Fall Creek
q T McHenry 23 23lB z. Washington:
Minnie whisman. 20 2B46 Ashland
r w. Grant AZ 100 Puryear; Anna
Gather 40. $50 Paca.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
LESH HOLDS Blue
SKY LAW PREVENTS
SHIFT IN METHOD
Judicial Power Can Not Be
Conferred on MendenhaII
as Bankers Requested.

Attorney General U. S. Lesh in an
opinion gwen to the State securities
commission today held that no legal
authority existed in the present secur-
tiles act to confer judic al powers on
Maurice Mendenhall, administrator.
The op Mon ends the recent move
ment by the Investment Bankers AS
ISOLATION of Amer ca and by local
members to change the ex offlc-o
method for enforcing the Indiana
blue sky law.
Members of the commission, Ed
Jackson, secretary Of State, and Ora
j. Davies. State treasurer, asked Lesh
for the legal Interpretation.
Quicker Service Asked
Investment bankers asked for
quicker service from the commission
which meets ordinarily only on Tues
days.
The following paragraph in the
securities act has been pointed out SIS
the basis for confering this power:
"Sec. Is. The securities commits
sioner, when acting for the secretary
of State, or for the securities commits
sion. shall. subject to the approval Of
the secretary of State. or securities
commission, have equal power and au-
thority with the secretary of State or
securities commission, and all of the
acts Of such administrator, performed
in the exercise OF such power and au-
thOrity, shall be binding and of full
force and effect until disapproved by
the secretary Of State or the securities
commission, and such administrator
shall attend to and perform any and
all work contemplated in this act
Power Never Confined
Such powers have never been con-
ferred upon the administrator, accord
ing to Mendenhall, although the re-
vised blue ky" law. comforting such
power, defe3 ted by the 1928 General
Assembly. ' as Endorsed by the In
diana Bankt 5 Association, the In
diana State Chamber Of Commerce, the
Better Business Bureaus Of Indiana
and the Investment Bankers Assocla-
ton OF America.
This power was sought to strength
en- the present blue sky law which
Indiana investment bankers and bank
ing interests have declared wieldy end
ineffective.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
FRACTIONS LEAD EARLY
BOND MARKET TRADING
Liberty Issues Show Little Change
Rails Again Strong.

By united Financial
NEW YORK, Jan. adjudication
Of the Brooklyn & Manhattan Transit
report for the six months ended Dec
81, 1923, showing surplus after charges
Of S1,S36,712, loaned activity and
strength In the local traction bonds.
Brooklyn & Manhattan 6s reached a
new high on the move at 75ss, up g.
from Mondays closing. Third Ave-
nue. adjustment 5s sold at 47A up "A.
Interboro SIS, 6s and Is opened frac-
tionally higher, with IS at new high
on the move at So.
Renewal of buying OF low-priced
rail bonds was again a feature Erie
prior lien As sold at CAS-, up IL;
international G. N. adjustment IS, 46,
up Is. NJ, K. & T. adjustment 5s,
55A, up a. St. Pauls opened a shade
lower.
The sugars were firm. Sinclair Oil
bonds were weak, the rs at Sc, off /;
612s, S8&. off a. Coppers were steady.
There was little change in the Gov
eminent issues. Foreign issues were
comparatively dull. Swiss IS, 11S, up
l; Canada SIS. 2S, at 1909, up TX
Mexican 5s, 40. up IL.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
Births

Clarence ana Leoda Casselman 1882 W.
Thirty-Fifth
John and Antonio Gorganc, 2es3 w. Wal
nut.
Harry and Marian Huey. S0S N Tuxedo.
George and Cleo Hamilton, Is Carson.
Dwight and Elois De witt, SO7 N. Capt.
toll.
Arthur and Josephine Fellows, city hos
pital.
Carl anG Bertha Jones city hospital.
Arthur and Anna Rush SO" Werhorst
Ralph and Hilda Thomas, 2174 Rinsgoid.
James and Mabel Smith 1910 Union
Frederick and Mary Carson, 44S1 Carroll
ton.
Girls
Floyd and Luella Wilson. 292S p. Mich
igan
Joseph and Alma Hall 2244 N Rural.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
CLUBS MAY GIVE PLAY
City Dramatic Director Meets Civic
Federation Committee.

G. Carleton Guy, dramatic director
in the city recreation department. met
with the finance committee of the In
dianapolis Federation of Community
Civic Clubs at noon today at the
Chamber of Commerce to consider
possibility of producing a play to help
raise funds to carry out the fedora
tons 1924 program.
Edward o. Snethen. president, said
the play probably would be given at
Tomlinson Hall The finance COM
mittee: Mrs. J. H. Schneider, chair
man; Mrs. J. D. Hoss and J. Steven
Fuuen. The committee will report
Friday night at the Chamber Of Com
merce. Reports Of committees on in
stalling drinking fountains on down.
town streets and on the traffic prob
lem also will be made.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
INSOLVENCY is DENIED
Petition Asks Receiver for Auto Sales
Company.

Appointment Of a receiver for the
Mitchell Auto Company, incorporated.
Delaware and Michigan SITS. is asked
in a suit hled IN Superior Court, room
3, by Mrs. Pearl Mead. The plaintiff
alleges the company has failed to pay
a debt of $1,15O due her as the result
of an agreement over claims arising
from purchase Of an automobile. She
alleges the company Is near in
solvency. Employees at the company's
office said they knew nothing OF the
suit, but denied the insolvency charge.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22

A receivershp for the Petaluma
Poultry Supply Company, 147 N. Del
aware ST., owned by Charles s. Duff
fin, was asked today in Superior
Court. The Van Camp Hardware and
Iron Company, plaintiff, alleged a debt
of ss1.79, stating the poultry company
is totally insolvent and gong out of
BUSINESS. Charges were denied on be-
half of the defendant,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
BARNES SEES DEFEAT
u. S. Chamber Of Commerce Head
Says Bonus Is Doomed.

BIZ United Neios
for the soldiers bonus, Julius H.
Barnes, president Of the United States
Chamber of Commerce, told members
Of the Northwest Central Division
Chamber of Commerce Monday night
we believe the chamber opposition
to a bonus, which opposition at one
time seemed almost hopeless. will now
be successful" Barnes said
THE chamber has been character
lied as the head and front of the op-
position to the soldier bonus"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
RuiIjinu Permits

Shields. Chaplin & Kinnear. dwelling, 1913
Tacoma. So 500
Shields Chaplin & KinneRr, dwelling, 1917
Tacoma, SO 500
Shields Chaplin & Kinnear, dwelling, 1921
Tacoma. So 500.
Arsenal Building Company dwelling, 272b
n Temple, ST. 900.
Arsenal Building Company, dwelling. 2717
N Temple 81 600.
T. F. Monaghan. dwelling 1923 Ewing
81 600.
Percie H. Porter. furnace. 1921 N. Bel
mont, $3.50.
NJ OConnor, boiler. 600 Kentucky $500.
Indianapolis Terminal Warehouse Com
pany, elevators 202 s. Pennsylvania S25 600.
indianapolis Terminal Warehouse Com
pany, elevator, 2O2 8. Pennsylvania. 81, 500.
Hibben-Hoi Company, elevator. 201 s.
Meridian "a $50
Sinclair Refining Company, gAs tank. g1s
Shelby, $500.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
Power Plant Sale Approved

The public service commission today
announced approval of a petition by
the Interstate Public Service Com
pany. indianapolis. for the sale Of an
electric power plant at Crown Point
to the Calumet Electric Company,
Gary Sale consideration was $780,
600. The Crown Point plant supplies
power TO several towns In the vscin-
sty. ...sx
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
Judge Raps Parents Attitude.

BIZ United Press
EVANSVILLE, Ind, Jan. 22.--If
parents would take proper interest in
children, divorces among the younger
generate would be fewer, according
to Judge Philip c. Gould.
The judge said Amos e. Bilder-
backs father was as much to blame
as any one for the 19-year-old husband
going to jail for failure to pay court
order for support OF his 1S-year-old
wife pending outcome Of their divorce
trial.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
Tank WAGON Prices

(Gasoline pricesSuuoted DO not include
State tax of &c a gsllon.l
GASOLTNE-Energee zoe gallon.
Purol. 1929; Red Crown. 1870: TARGET,
16.2c: Si'ver Flash. 2Oc Standolind avia-
ton. 19.0Sc
KEROSENE-Crysta'in life: Moore
Light IA Csc: Perfection, 1O7c
NAPTHA-Lion Power cleaners. 250ic.
v. N. P. cole; Standolnd cleaners.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
ENTER SIR TOM BERRY
Ace Forgets TO Announce Arrival OF
q Son and Heir.
introducing Thomas Scott Berry.

Introducing Thomas Scott Berry.
Young Thomas is just seventy-two
hours old, but his dad, Ace Ferry,
manager of the Circle theater, Is SO
happy that he forgot to announce the
great event until today.
Thomas made his appearance in
this world Saturday. Mrs. Berry, who
was formerly Miss Sallie Whitehill of
Erie, Pa. is confident that her son
will be leading citizen.
Berry admits that his son can enter
any profession but the theatrical or
newspaper work.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
Girls Stay With Parents

After Louise Polling, Is, of SSS s.
Rural St.. and Dorothy klmpstnn,
10. of A S. Denny ST., had been re
ported missing all night Monday they
telephoned Miss Poling's sister, Mrs.
Lester Negley. S3s s. Rural st., that
they spent the night at the home of
Miss Kimberiin's father, Mrs. Negley
told police.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
Chicago Grain Table

Nominal.
CHICAGO, Jan. 22.-Prmary receipts:
Wheat, LOLA 600: corn. 1.1S9.OO0 against
1873 900; oats, S37 900 against 009 600.
Shipments-Wheat, 442. 900 against 532 900 ;
corn. 604 900 against 747 .00O; cats, 6T3 900
.gainst 100000
CHICAGO. ian. Gear lot receipts:
Wheat, Il corn. 294 oats ia: rye, 10
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
Raw Suqar Market

NJ UnftPd FndnfTQI
NEW YORK. Jan. 22.-Raw sugar mar
ket opened steady. January. 400 n 92c;
March. 400 @4.70c: MAY. 4.77@47So
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
In the Cotton Market

BIZ United FfnancfGI
NEW YORK Jan. 22.-The cotton mar
ket opened higher. January. 80. o5c up %:
March. 80 .7sc up IS: May. 80. 22c, up 80;
July. 80 zoe up SO.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-01-22
ADVANCES SCORED
N SEVERAL PARTS
OF GENERAL LIST
Oils Are Held Back by InyeStl-
cation of Teapot Dome
Deal.
STUDEBAKER INACTIVE
SteeIS Give Some Show of
Strength Can Stages
Sharp Comeback,
The WALL STREET JOURNAL
STUDEBAKER INACTIVE
The WALL STREET JOURNAL


testimony offered Monday in the Tea
pot Dome oil investigation at Wash
ington induced selling Of Sinclair OIL,
and that Issue provided the feature of
the opening Of the stock market today,
starting at g down at Is and shortly
afterward selling at 24A. Weakness
IN this issue failed to affect other oil
stocks which sold around their last
closing levels. The industrials gen
ally were irregular. Steels gave a
snow Of strength.
First Hour
Stocks displayed a generally strong
tone through the first hour, further
sizeable advances taking place in vari-
Gus sections OF the list American Can
scored a sharp comeback, while Gen.
eral Electric went into new high
ground on the movement Sinclair
continued under pressure. holding
back the rest of the oil list. Stude-
baker also failed to rally. This is
the off season for the automobile In
dustry. which accounts for the lag
ging dispos rs of this class.
Second Hour.
Finding l. $3.50 - tendency too
brisk for comfort, the bears renewed
concentrated attacks on special issues.
succeeding IN arresting the forward
movement in the hate morn ng. Spe-
cial pressure was exerting against
Studebaker which again broke below
par on heavy sales. The Pan-Ameri-
cans broke to new lows on the current
decline, the "B" dropping below so, at
which point stubborn resistance had
previously been shown.
Noon Hour
Montgomery Ward moved up frac.
rionaIly to 257s in noon trading on
widdle western buying based on the
Improvement in the company's sales.
which have brought gross business
up to record levels. Operations for
the rise were encouraged by cOntin-
ued ease of call money. which was
plentifully supplied at per cent. A
feature Of the bond market was the
+avy weakness in Sinclair issues.
49, Fourth Hour
Stocks were steadier in the early
afternoon with trading light. Selling
pressure on stocks like Studebaker
and the Pan-Americans 1ightened but
few rallies took place. American Can,
however, showed special strength, re-
fleeing the outlook for a continuance
Of the quarterly extra payments Of 81
a share which would virtually place
American Can on a 50 dividend basis.
Twenty active Industrial stocks on
Monday averaged 1928, up .6S per
cent. Twenty active rails averaged
s0.5s. up .06 per cent.