davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
HOGS LOWER At
PRICE OF S7.65
Cattle Quoted Twenty-Five
Cents Off,
Hog Prices Day by Da

Hogs sold on an active market at
an average price Of Is cents lower in
trading at the local livestock yards
today Majority of offerings moved
at S7.65, as compared to Saturdays
$3.50 market. Although the price was
lower trading reflected a steadier tone
and was done on a more settled basis
than has characterized dealings in the
past several days. Shippers and
packers We're active and accomplished
an early clearance of the yards. Pork
ers of the heavyweight variety again
failed to keep in line with the other
classes and sold somewhat lower,
most lots moving at $3.50. KingaI'
entered rather actively into the buy
ting of sows and purchased those OF
the smooth packing type at S7.85. A
scattered few commanded 81, wh.le
the ma iority Of sales were made from
$3.50 TO S675. The rough kind was
quoted lower at $6@6.50 Some choice
pigs sold at SIPS, although most OF
the sales were made down from this
mark and the demand was somewhat
less than in the other classes of hogs.
Receipts were 5000. inclusive of 444
carryovers.
Cattle as a rule were selling on a
lower market, about 25c figured az
the average downward slump. The
decline as a rule held good for all
classes with the possible exception
of the prime. out-of-the ordinary
steers. The market started slow ana
buyers figured themselves in a posi-
ton to take none Of the offerings
unless at a lower figur The mar
ket for heifers was negligible follow
ing heavy receipts Of this class last
week which sent prices down farther
than in any other class in the cattle
division. Prices for cows and heifers
ruled from Sc to $S.75.
on account Of a poor demand, calves
were selling from a good SOC to 81
lower. Buyers were picking out only
the choice head at 81 and leaving
traders with the rest OF the stun on
their hands. Bulk OF the sales were
made on a poor. slow market at $40
10 $1,000. Receipts in this division
800.
Hardly enough sheep and lambs
were in the pens to show what the
market would do il given test.
Nominal prices for sheep were Sll
down. Lambs OF the fall variety were
quoted down from SIG and spring
lambs from SO to S21.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
CURB DEVELOPS HEAVY
TONE WITH OILS LOWEF
Rn Tnited EirnnoinL

BIZ united Financial
NEW YORK, April 21.-The curb
market was unable to shake off during
the morning the heavy tone which
prevailed shortly after the opening.
The oils We're under some pressure.
with the net result that Prairie Oil
and Gas dropped more than a point,
Standard Oil of Kentucky a point.
while fractional losses were chalbed
up against Standard Oil Of Indiana
and Creole Syndicate.
Doehler Die Casting remained
steady this morning at % Earn
ings ofthe company for the first quar-
ter Of the year are placed at $255, 34S
before incomes taxes and preferred
dividends. After taxes and preferred
dividends the earnings on the com
mon were equivalent to $1.43 a share.
Curb industrials were dull. The
coal stocks did little more than back
and fill, and the tobacco and motor
stocks held very close to previous
closing levels. Bonds were fairly &C.
tive.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
Business News

NEW YORK. April 21-The rapid
growth of life insurance companies during
1928 was featured by the writing of a
number of large group insurance policies
by the larger companies. Tho largest Of
these was a policy taken by the Southern
Pacific Railroad Company. and several 9TH
er railroads took out blanket policies" of
larger size than ever before For 1929
according to a survey of the industry com
pleted by the Spectator. the total of new
business written by 270 Of the leading legal
reserve companies was in excess of sill
900 600 600, and the companies figuring in
thst tabulation closed the year with S56
100000, 900 of insurance outstanding. The
year 1928 was the best in their history
NEW YORK-Report of Centrifugal Cast
Iron Pipe Company for the year ended Dec
81, 1923, shows net profit of S70,143 after
expenses. taxes and amortization of patents.
equivalent to 40 cents a share earned on
outstanding 1880 no par common
shares Preferred stock was called for re-.
tirement during the year Income account
for the year of 1923 follows: Total IN
come. $196,S13: taxes, expense etc., 500
s94: amortization. Ss6.776: net profit.
$40 LAB.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
SHANK PUTSCITY
HALL WOMEN TO
WORK IN CAMP AIGN
Get Into Politics. Says
Mayor to Thirty-Nine En-
pIoyeS at Meeting,

Mayor Shank again advanced his
Republican candidacy for Governor
among city employees by urging all
women employed in the city hall to
praise the city administration at
every chance at a meeting held in
the mayors office today. Thirty nine
women who attended were urged to
get into politics.
IF have made a good mayor, then
l will make a good Governor" said
the mayor, pounding his fist on his
desk, land if l haven't made a good
mayor then don't deserve the non1i-
nation for Governor"
Shank requested every woman pres
ent to make note of complaints
against the city administration and
said he would personally investigate
them.
This is your administration, and
when you hear criticism it is also a re
Election on YOU" Shank continued. Il
am convinced that we are giving the
city the best administration in its his
tory.
In the middle Of his speech. in
which he said the two years of the
Shank administration had accom-
plished more than the four years OF
the Jewett administration, Charles w
Jewett.. former mayor, walked into
the meeting The mayor, however
continued his talk. Jewett left.
Shank announced that he would
place pamphlets prepared by the State
organization in the hands of city EN-
ployes for distribution. The litera
ture lists the accomplishments Of the
Shand administration based on annual
department reports.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
Grain Briefs

CHICAGO. April 21.y-Sentiment in wheat
has veered to the bull side and local pro
fessionals are not opposing IT, although news
on the fundamental situation does not
change.
France has been buying Argentine and
Australian cargoes. but demand from the
Continent has not been sustained With
the large quantities ahoat consumers do not
feel any anxiety about filling their require
ments.
General outlook for the winter wheat crop
is favorable. Bad conditions reported from
the central and eastern sections are more
than Offset by ideal conditions in the South.
west
The trade expects mHrekd decrease In
the visible supply this week as shipments
have exceeded receipts specially in wheat
and oats.
Large part of the winter wheat acreage in
eastern Washington and western Idaho has
been reseeded to spring wheat. Seeding is
making poor progress owing to high winds
and low temperatures.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
WATER COMPANYS
REQUEST IS DENIED

Another request Of Indianapolis
Water Company officials for an indi-
cation OF the 1924 tax appraisement
of the company's property was denied
today by the State boar dof tax COM
missioners.
John G. Brown, chairman, informed
Howard w. Painter, auditor, and
Leonard Metcalf. engineer, that the
commission would take no action I'M
til Judge Geiger had made his de-
cision in the Federal Court case.
The company appeared a $15.250,-
600 valuation for rate making, fixed
by the public service commission, to
Federal Court under charge of con-
f1scation of property.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
Marriage Licenses

James Bradley. %, 1922 N. Capitol,
clerk; Esther Lucas, 90. 644 n. Senate:
Delbert E Herbert. 20, 40 n. Noble.
william c. Reynolds, 90, 2344 N. Gale,
foreman: Evelyn L. Worley. II, 2022 D.
De Irborn. timekeeper.
Russell E. Stewart 20. $50 Hendricks
Place railroad clerk; Helen ID. Archer 20,
440 Eastern. stenographer.
A. J. Smith. 40, 1910 Alvord, labore-i
Irene Kamo. As. 1888 Lewis.
B. Holder SwigeF %. Columbus. Ohio,
salesman; Frances E. Mckenzie, 20. 1861
Washington Blvd.
Robert H Burus. 81. Chicago. salesman;
Margaret I. Flaherty IS, 2457 N. New Jer-
sey secretary.
Howard spalding, ~. $50 E. New York.
painter; Eta B. Tanner. 33. 54s Virginia.
clerk.
salesman; Crystal E. Lyons. 81, eo2 N.
Alton B. Young. 81. 1855 ROAehs. UdsI
Company; Helen Rose. 20. sb3 RoaShe.
Henry C. Campbell, "a 321 E. Fall Creek
Blvd, clerk; Lillian Brenton. 20, 37S Bur
George F. Drake. So. lao Udsu, wood
worker; Lena L. Conover. fl, 1922 W.
K +. Langdon. %. $751; Massachusetts,
chauffeur, Dora B. Kressley. % 44o Masca-
okIe Shoemaker. 81, Indianapolis tree
surgeon; Nora Fettie. %. 1854 W. Twenty
Ninth, dressmaker.
J.. n.
Crescent Paper Company: Wilma Flick. 10.
SO E. Morris, telephone operator
Olonzia Baldwin. 81; 251s Columbia Ia.
lot Otto +. Hornbaker' 80 s033 N. Pennsyl.
vania, baker; Willie NJ. Garden. 10, 300 n.
walter F. Mckinney. 81. 71o n Noble
textile worker: Lena Hershey, ~, 71o n.
Noble, Real Silk mills,
Robert Alexander. 20. Danv1lle. H.. miner;
Margaret scharlan, 10, Lincoln Hotel.
George w. Grund. %. 1928 Linden clerk;
Nina NJ Warner 10. Gil E. Morris. address.
% Ollie Size Martin. %. 45s w. Twenty-sixsn, la
Dor; Naomi Greaver 10, 242e Northwestern
Charles W. Polk. II. 1904 Finley. laborer
Roland T, Pond. 21. 2o17 Roosevelt; EN-
P Farmer Thit e 4 qdsg C 5S@stS 0i'0 MINNIE
Edward H. Schaekel. 20, r, r. g, box %
hammersmith helper: Aline Hestand 10, 24s
James E. Bortleiu. %, 1410 n. Holmes,
machinist; Mary Raley, 20, 1908 n. Per.
shing, inspector.
Clair salesman: Ercel L. Dalbey. 20, 14l5
Belle Vieu Place, teacher.
Mansford link, 20. 262 Eastern. Presto
o-Lite; Ruby I. McCarty, 81. 1412 Croft,
Russell Hall. 21. 2o3s Katherine. press
man; Juanita Dunning. 90 2165 N. Rural.
telephone operator.
George R. Brown. As. $500 n. keystone.
real estate: Belle Bannlster. AZ. 900 \.
Pennsylvania
George F Smith. II 427 Arch, lsborer
Beatrice Miller, 10, 1910 N. Senate
Oscar Wine, 81 RidgeviIle. Ind. school
teacher; Flora c. Reitenour, At, IL Bunga-
low Park, nurse.
Frank E. Terhune 20, Beech Grove. Biz
Four shop; Hazel Baker. Is, 1s46 Howard.
Iohu F. Vest. %. 1929 w. Ray. auta
body builder; Opal l. Huber %. 1410 W
Thiryt-Fifth, saleswoman.
Homer A. Hedge. 22 27I4 Boulevard
Place. baker; Winnogene Ahlefeld, Is, zoos
Broadway.
Charles E. Link %. 14i7 f. Eleventh
clerk Big Four Railroad Catherine Sherer
30 $685. E. Washington.
oliver p Lloyd, Al. 2126 Cashinh. oper-
ator motor bus; Laura Mccormack. -.
1904 n. Alabssna. -
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
y u. S. STEEL CORPORATION
REFLECTS DIRECTORS
Gary Says Abolition of Twelve-hour
Shifts Costs S35, ZOO, 900 a Year.
BIZ United Financial

By United Financial
NEW YORK, April 21-Directors
OF the United States Steel Corpora
don were reelected at the annual
meeting held at noon today.
Judge Gary. chairman of the board
Of directors, when questioned regard
ing the report of a new metal, which,
1t is claimed, could be produced
cheaper than steel. said:
'I don't want to hurt anybody's
enterprise. but have an i'm ssion
that there is considerable Nd in
that proposition"
In answer to the question as to
what effect the elimination of the
12-hour day has had upon finances
Of the Steel Corporation, Judge Gary
replied that the abolition of the twelve
hour shift is costing the corporation
about 5000, 900 e year and had add
ed about 10 per cent to the cost of
production
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
WITNESSES CALLED
INWOLFSON DEATH
Coroner Continues Inquest
Into Kahn officials Suicide,

Coroner Paul F. Robinson continued
his inquest in the suicide Of Aaron
Wolfson, 3840 Washington Blvd, who
was found Friday in court between
two fiat buildings at 107-109 w. St
Clair ST., after he had fired bullet
into his head.
Mrs. Alice Badcrf and Mrs. Orinda
Cook, both of 109 w. st. Clair ST., who
heard the shot and saw Mr.. Wolfson
fall, and Miss Rosemary Allen. 1928
N. Meridian ST., his stenographer.
were subpoenaed to testify today.
Wolfson, a former State senator
was treasurer of the Kahn Tailoring
Company and the Homer Mckee ad-
vertising agency and member of many
Indianapolis clubs.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
JUDGE POSTPONES
MURDER HEARING
Date for Case Of Leo and Ray
mond Walsh Set for May |,

over protests of Ira Holmes, defense
attorney. hearings of Leo and Ray
mond Walsh, brothers, 226 Sanders
ST., charged with murder in con-
nection with Staying Of Joseph For
restal a week ago, were continued to
May l. by Judge Pro Tenn. Thomas
Whallon, today
The two brothers, held on vagrancy
charges were re-slated on the charge
of murder Another brother. Edgar
is sought. Forrestars murder is
alleged to have resulted from boot
leggers war;"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
SHANK HOSTESSES NAMED
Meetings of Club Will Be Held Dur
ing Next Two Weeks.

The Booter-for-Shan Club has
announced these hostesses for meet
ings during the next two weeks:
April %, Mrs. Joseph L. Hogue, $50
w. Thirty First ST.; April %, Mrs.
r. Walter Jarvis, 1914 Washington
Blvd; April "a, Mrs. ]. F. Rainier,
PTS Sutherland Ave; April 25, Mayor
Shank's home, 3547 E. Washington
ST.; April %, Mrs. w o. Bates, 1856
Middle DR., Woodruff Place, and Mrs.
Leo K. Fesler, 2126 Central Ave.
April 80, Mrs. George Gels, 1888
Graceland Ave; May /, Mrs. Martin
HyJand, 2101 Park Ave; May 2, Mrs.
Fred NJ. Pettijohn, 1856 Park Ave.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
Bank Stock
Tank Wagon Prices

(Gasoline prices do not include State tax
of &c a gallon.)
SAsoIlS 90 90 n;aI,d Gol
1890; Crystal Pep. 21c; Target. 1890: Sill
yer Flash. 22c: Stcndolind aviation, CSC
KEROSENE-Crysta 1910 a gallon
Moore Light. 1870: Arclite. 1870; Perfec-
ton. 127c: Solvent. Soc.
NAPTHA-Iion Power Cleans, % &c a
gallon: v NJ. & p. $3.50; standolind Clean
ers. 22.5c.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
.THAW DECLARED
MORALLY INSANE
BY BRAIN EXPERT.
Hearing to Determine Sanity
of Millionaire Slayer Re-
opens at Philadelphia,
By FRANK GETTY
United Press Staff Correspondent


PHILADELPHIA, April IL
Harry Thaw's is a case Of moral in
sanfty-no purely mental defects are
apparent" Dr. Charles w. Burr, lead
ing alienist, testifying for the Tbaw
estate, said on the stand today.
eff freed, I believe, he would revert
to his abnormal sexual practices-as
Stunning that the history of his case is
true" DR.. Burr continued.
Thaw F'rowns
Thaw sat frowning in the front row
as this testimony was given at re-
sumption of the hearing of his sanity,
but he braced up when the witness
answering question from Judge
Monahan, admitted he had found
nothing in his three examinations of
the Pittsburgh millionaire to indicate
he was insane He based his views
on Thaw's history.
Flock to Hear Evelyn
Possibility that Evelyn Neshit. di
vorced wife of Thaw, would take
the stand in the trial OF the lat
ters sanity on his petition to be re
leased from Kirkbride's asylum, drew
crowds to the courtroom doors several
hours before the time set for resump-
ton of the hearing.
Miss Nesbit did not come from At
Iantic City this morning, however, and
her lawyers said today they had not
yet decided about having her appear.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
WILL LET ALIEN
BILL BECOME LAW
Coolidge VIII Not Veto Jap
Ban, Capital Hears,

BIZ United Press
WASHINGTON, April 21.-Presi.
dent Coolidge will not veto the immi-
grafton bill, it was reliably reported
today in quarters close to the Presi-
dent.
The bill. with its japanese exclusion
feature, over which relations with ia
pan have been strained, will become
a law either by the Presidents sigma
ture or by permitting it to lie on the
Presidents desk for the statutory ten
days without action. after which it
automatically becomes law, it was
learned.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
SHERLOCK BY MAIL
Stranger With Diploma for Detective
School Hunts Job.

Displaying a diploma from a private
detective correspondence school, st.
Louis. Mo-. man appeared at the
State board Of health today, inquiring
for any open positions.
Il paid S12 for this diploma" he said
to L. J. Rails, special board inves-
tigator. The Indianapolis police
headquarters turned me down. so
came here
The stranger from Missouri" sai6
he had been taking correspondence
lessons since last August. Formerly
he was a railroad man.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21

BIZ United FiH1HCiQI
NEW YORK, April 21.-The money mar
ket was comparatively easy today. Call
money renewed at 4 per cent and held at
that figure through to the afternoon Brok-
ers' loans were reported very light Time
money was steady at 4 u to 2 per cent.
Loans generally at + =. Commercial paper
was quiet. with prime names t = per cent
and Others at 4& Bulk of business was
at 4 q per cent
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
wormser Appointed Administrator

Albert Wormser, commission mer
chant at % S. Delaware St, today
was appointed administrator of the
estate of David d. AbramowitZ, who
died some time ago at Memphis, Tenn;
by Probate Judge Maholm e. Bash.
His estate amounted to So 900. Abram-
owitb was an internationally known
pianist.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
Fair Body 10 Meet

The executive committee of the In
diana board of agriculture will meet
April 20 to consider matters relating
to the 1924 State fair, William NJ
Jones, secretary-tr said to-
day. Moving of the presevent Oliver
building and conversion Of the same
into es:n;}SsSssg viii be discussed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
Produce Markets
tBy Thomas & McKinnonl

INDIANAPOLIS April 21.-Fresh eggs
loss off. zoe; packing stock butter 2Se
up. csc; fowls under / y lbs. 1Sc; Leghorn
poultry. 20 per cent discount; cocks ,l3c:
stays. 1Sc. young tom turkeys. IL IDS up
24c: young hen turkeys. lbs, up. &c
geese. 10 lbs up. 12c; squads, IL lbs TO
the doz $3.50: old guineas. doz., 81. 90.
indianapolis creameries are paying 52c per
pound for butterfat.
CHICAGO April Butter--Receipts.
1875: creamery. 351ac; standards SO y C;
frsts 80 q IS Il G. seconds 81 a 81 y c. Eggs
Receipts. 81 331 ordinaries. 20 p a gle;
firsts - a p &c. Cheese-Twn ;. Is a c;
Americans 2Oizc Poultry-Receipts.
cars fowls 90 q 26c; ducks. Csc; geese, l6e:
turkeys 22c ROSTERS. 16c; brollers. % q
soc Potatoes-Receipts, BOB cars; Wiscon-
sin round whites. 81 200 l 30, Minnesota
and North Dakota round whites. Sl15 a
I.25; Red River ohios. Sl40 a l.5o.
CLEVELAND. April 21--Butter---EExttra
srst tg0s asa % So packing stock IS soc:
standard IS Il 40c; prints. lie extra. Eggs
Fresh gathered northern extras. 2oc; extra
firsts - Poultry-Live fat fowls. 2s
n 29c: springers. 2S n 30c; Leghorn fowls
25c. roosters, Is a l9e heavy white ducks
Michigan round white. 50 a ? 20: Mime
sofa whites. 81 80 "a 100; New York y - -
q 2.35. all in 150-pound bags: OHIO. 81 a
40 bushel: California. new. 80 q 30. Der
mudas Sl5 ole barrel
NEW YORK. April 21.-Flour-Dull un-
changed Porll-Quiet; mess. S24.1 . n
1925. Lard-Easy; Midwest spot 81 30
d1I4O. Sugar-Raw quiet: centrifugal,
62Sc: refined quiet graduated q S.25c.
CoEee-Rio spot Is : C. Santos No. 1. lo%
RIqhc Tallow-Dull: special 20 extra.
~ a sc. Hay-Firm; No. /, 81 so q
So: No 3. 81 .25 a 40. Dressed poultry
Firm; turkeys. GO a 36c; chickens y q
4sc: capons. 33a sic; ducks. 20 a 25e;
fowls. 20 n 32c. ducks. Long Island. 20 e
26c Live poultry-Duu: geese. lag l5c;
ducks. 13G3Oc; fowls. 3093lc: turkeys.
"a soc: chickens. 35c: cspons, 50 a 75c;
broiIers. As a zoe. all via express. Cheese
Quiet: State whole milk common to spe-
citl. I5l3 a 25c: State skins, choice TO spe-
ciaIs. IL n 1sc: lower grades. 4 q i0c. But
ter-Steady: receipts, 1882: creamery ex-
tras. 36Ac: special market 81 a 81 = c;
State dairy tubs. 81 n 36c: Danish. 36 4 q
81 q. @: ATgentines 81 a "A y c. Eggs-Firm
receipts. 2O3O6: nearby white fancy. 35c;
nearby state whites. $50 Sac, western
whites. 20 a Sec: fresh frsts, % Z a 29c;
Pacific coast nearby browns, 20 a SIC; near
by browkns, 80 a See
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
GOVERNMENT ISSUES
FEATURE BOND TRADE
Market Moderately Active; French Re
peat Years High of SO.
By United Press

By United Press
NEW YORK, April 21.-The Gov
eminent issues featured a moderately
active bond market with banks
making good purchases. The French
TVS repeated the years high Of 90
and the SIS were up Is at 99%. Bor.
deaux IS. MarseiIles IS and Lyons 6s
made high of the year at 81. The new
japanese 6Izs sold at 90A. up u.
The general list was dull with
virginiaCarolina Is 81, off IL; Wick
wire-Spencer is at 65A. up Il.
The speculative rails generally were
firm. St. Paul IS of 1925 at s3%, were
up = market adjustments IS 52%, ur
u. and all Of the Southern Rail issues
fractionaiiy higher.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
Sentiment Helped by Report
That Coolidge Nomination
Assured.
CONGOLEUM SELLS LOW
Sharp Rally Follows, Bring
ing Price Back to 43 1-2
Mark,
The WALL STREET JOURNAL

NEW YORK, April 21.-Speculative
sentiment was encouraged at the open
ing Of the week by a clearer political
outlook following announcement of
Republican leaders that Coolidge al
ready had more than enough voters
to triumph on the first ballot, was in
terpreted to suggest that chances of
the formation Of a third party were
rapidly dwind,ing. Reports from bust
ness centers indicated that the advent
of favorable weather was doing much
to eliminate signs OF hesitation evil
denced by certain trades. Feature of
early dealings was COngOleum, which
sold IN. The sharp break in Con
goleum was accompanied by exciting
trading. At the opening four brokers
appeared each with an order to sell
1000 shares. There follower a sharp
rally which carried price to 4312.
First Hour
The principal stocks marked time
in the first hour awaiting the outcome
of the annual meeting Of the United
States Steel Corporation. Congoleums
bad break was attributed to internal
dissension in various groups sponsor
ing its market. The stock developed
a. steadier tone after rallying more
than points from. it's low Of 3d..
Coco Cola broke to a new low on the
current movement at So, while Amer
lean Sugar established a further low
at 42%. Selling in the oil stocks was
concentrated against Cosden which
dropped to S1&, of more than 4
points from last weeks high.
Second Hour
Pronounced strength in representa-
tive rails and steadiness among indus
trial leaders characterized the market
in the late morning, in the face of
weakness in the specialtles. In the
carrier group new highs on the move
were reached by New York Central,
1011z; Southern Pacific, 81 Is; c. & o..
74L, and Canadian Pacific at l49.
This strength was based on improve
ment in the net which leading roads
have been able TO score in the face Of
a slight falling off in gross receipts
Further selling of the oils was started
by another break in Atlantic Rein
ing, which reached new low ground
for the year at los. Pacific Oil estab-
Hshed a record low for the year
at AS.
Twenty average industrial stocks
averaged Glib. off p. Twenty aver
age rails averaged S1.55, off .09.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
Local Bank CIearinqS
New York Money Market

Indianapolis bank clearings Monday were
So. 40. VUU. Bank debts we're S5.13s. GOO
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1924-04-21
Foreign Exchange

By United FiHdHciGI
NEW YORK, April p Foreign exchange
opened higher. Prices. Sterling. demand.
81 80 cable. S43SSs. Francs. demand,
$3.50: cable 6.35 = c Lire demand. 4.45c:
cable AS SIC. Belgian. demand. $40 y C;
cable, 5.46c. Marks 4.5OOO 600 OOO. 900 10
the dnlla- Czacho- dem and 2 Csc. cahe.