Indianapolis Times, Volume 33, Number 56, Indianapolis, Marion County, 15 July 1920 — Page 8

8

TRADING QUIET IN STOCK MARKET Professionals Dominate Dealings—Changes Small. NEW YORK, July 15.—Trading was practically at a standstill in the early dealings in the stock market. The trading was without feature and price changes consisted of fractional gains and losses. The majority of issues traded in sold ex dividct. and. Little activity was displayed dnring early trading, as many of the big traders left early to view the yacht races. Consider;. llc pressure was exerted on rubber and tire stocks. Professionals were in control of trading and reports were circulated that “favorable developments” would be noticed in the money markets early next week. Shortly after the opening United States Rubber dropped to anew low on the present decline at 04%. Oils were firm and rails quie' Nearly ail the a-'tive Issues were in supply In the final dealings at losses tanging from 2 to 4 points from the ope. levels. Crucible Steel suffered a sharp break ..f 9% points to 143, but recovered to 166. Government bonds closed unchanged, while railway and otoher bonds were steady. 'total sales of stocks today were 413.060 si.sres; bonds, $10,341,000. Closing prices wen-: United States Steel. 91%, off %; Republic 90%, off %. American Locomotive 97%. off 2%; PanAmerican 103%, off %; Studebaker 70%. off %; United States Rubber 91%, off 3%: Vanadium 84, off 1%; Retail Stores 73%, off 1%; Crucible 146. off 1; Ba'dwiii 117. off 2%; Mexican Petroleum 18C%, off 3%; Invincible 457%. off %; General Motors 24%, unchanged; Stromberg 90, off 7%; Reading 89%, off %. -July 15— We had an exceedlngl** nnlr.te-esting session today. What little trade occurred was limited f*- a eompji.iUTv.y SB’'’” -rnther . r stocks. Prices as a rule were lower. Apparently ail market interests sie \n- e!y looking on and waiting for somethin* new to develop. The only trouble at this time is that a return of activity may not be at aii to our Liking because conditions surrounding the market are about as unsatisfactory as they have been at any time In recent months, and unless there Is a quick change for the uetter it is lifficult to see bow we can avoid another wave of liquidation. Fundamentals are wrong money and business. th two essentials, do not faTor the market. if rebel should come it will be a surprise as well as good. In trade we hear more and more of a declining tendency. The fact that plausible excuses and explanations are offerede does not help matters at all. W© nothing on which to base any optimistic views and liquidation would not be at all surprising. MOTOR SECURITIES. —Julg 15(By Thomson & McKinnon.) Bid. Ask. Briscoe 47 50 Chalmers com 2 5 Packard com 18% 19 Packard pfd 86 88 Chevrolet 300 500 Peerless 34 •> Continental 10 10% Continental pfd 96% 98% Hupp com 16 16% Rupp pfd 97 101 Beo Motor Car 21% 21 q Elgin Motors 8 8% Grant Motors 6 6% Ford of Canada 3SO 385 United Motors 45 00 National Motors 16 19 Federal Truck 30 32 Paige Motors 2S 30 Republic Truck 45 50 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —July 15Bid. Ask, Anglo-American Oil 23 24 Atlantic Refining 1150 1200 Borne-Scrymser 424 470 Buckeye Pipe Line 85 87 Chesebrough Mfg Cons 220 230 Chese. Mfg. Cons, pfd 103 108 Cont. Oil, Colorado 125 135 Cosden Oil and Gas 7% 7% Crescent Pipe Line 27 30 Cumberland Pipe Line 155 165 Elk Basin Pete 7% S% Eureka Pipe Line 100 103 Galena-Signal Oil, pref, new 90 93 Galena-Signal Oil, C0m.... 42 45 Illinois Pipe Line 150 160 Indiana Pipe Line S4 87 Merritt Oil 15% 16% Midwest Oil 1 2 Midwest Rfg 148 152 National Transit 26% 27% New York Transit ........ 160 170 Northern Pipe Line 90 95 Ohio Oil 283 288 Okla. P. & R. 7 7% Penn.-ilex 42 45 Prairie Oil and Gas 570 580 Prairie Pipe Line 197 202 Sapulpa Refg 3% 6 Solar Refining 350 370 Southern Pipe Line 125 135 South Penn Oil 270 275 S. W. Penn Pipe Line 65 68 Standard Oil Cos. of Cal... 313 313 Standard Oil Cos. of Ind... 60 G7O Standard OH Cos. of Kan... 520 540 Standard OH Cos. of Ky... 370 380 Standard Oil Cos. of Neb... 420 450 Standard Oil Cos. of N. Y... 387 392 Standard Oil Cos. of Ohio.. 435 469 Swan A Fine 60 80 Union Tank Line 110 114 Vacuum Oil 7 375 374) Washington Oil 27 33 CHICAGO STOCKS. (By Thomson & McKinnon.) —July 15— Opew. High. Low. Close. Armour, pfd .. 92 93 91% 91% Carbl & Carbo 65% 65% 65% 65% Hupmobile .... 16 16 16 16 Libby 12% 12% 12% 12% Muni.-Ward... 32% 32% 32% 32% Natl. Leather.. 11% 11% 11% 11% Stewart-Warnr 40% 40% 40% 40% S•• • -■ ~ie.-v, 167% 107% 107% Swift Internat!. 35% 35% 35 35 Money and Exchange Indianapolis bank clearings Thursday were $3,273,000, against $3,351,000 a week ago. NEW YORK, July 15.—Foreign exchange was lower today. Demand sterling was $3.87%, off l%c. Francs were 12.17 to the dollar, off 15 centimes; lires, 17.12, off 24. Marks were off slightly at 2.53 cents. Canadian dollars were .8815 Cents. NEW YORK, July 15.—Money: Chll money ruled at 8 per cent; high, 11 per cent; low. 6 per cent. Time rates were firm at 8%®9 per cent. Mercantile paper was steady. In the Cotton Markets NEW YORK July 15.—The cotton market opened firmer today on buying due to private reports of heavy rains in the central belts. After the opening the list became heavy and reacted. The close was steady at a net decline of 80 to a net advance of 48 points. Open. High. Low. Close. July 41.47 41.75 41.40 41.60 October 34.45 34.54 34.14 34.18 December ... 32.48 32.C9 32.14 32.26 January 31.56 31.75 31.35 31.38 March 30.70 31.10 30.55 30.67 May 29.99 30.18 29.80 29.93 NEW ORLEANS, July . 15.—Cotton futures opened 5 to 15 points higher and advanced 20 to 48 points on good local support. Selling later from the east and local houses broke prices 6 to 30 points under the opening, the final quotations being unchanged to 20 points net lower: Open. High. Low. Close. July 36.85 36.85 36.35 36.75 October 33.50 33.98 33.44 33.53 December ... 32.10 32 43 3190 31.94 January 31.30 3100 31.10 31.14 March 30718 3085 3036 30.36 May 29.90 30.10 29.53 29.65 BAPTISTS TO BUILD NEIV CHURCH. Trustees of the new Baptist church were today issued a permit for the erection of a one-story brick church building at 1207-09 North West street. The building will be 31x70 feet and will cost 126,000. Couder A Culbertson are the contractors.

Indianapolis Securities | STOCKS. —July 15Bid. Ask. Tractions— Ind. Ky. & Light com C 5 Ind. Ry. A- Liglit pfd 95 Indpls. A Northwest pfd 75 Indpls. A Southeast pfd..' 15 Inapis. Street Railway 54 60 T. H., I. & E. torn 1% ••• T. H, I. & E. pfd 9% ..• T. H„ T. A L. pfd... 60 ... U. T. of Ind. com 1 U. T. of Ind. Ist pfd 3 10 U. T. of Ind. 2d pta 3 Miscellaneous— Advance-Rumely com Advance-Rumely pfd Abler. Central Life 235 Amer. Creosoting pfd 35 ... Belt Xta.lroad coin 76 S5 Belt Railroad pfd 47 Century Buldlng pfd 98 ... Cities Service com Cities Service pfd Citizens Gas 29 35 Dodge Mfg. pfd 99% ... Home Brewing 55 ... Indiana Hotel 60 Indiana Hotel pfd 91 Inu. National Life 4% Ind. Title Guaranty 59 70 Indiana Pipe l.'ne Indianapolis Abattoir pfd... 48 52 Indianapolis Gas 48 Indpls. Tel. coin 2 ... Indols. Tel. pfd 75 Mer. Pub. UtU. pfd 43 National Motor 15 20 Public Savings 2% ••• Xtaub Fertilizer pfd 40 ... Standard Oil cf Ind 660 Sterling Fire Insurance 8% 9% Van Camp Hdw. pfd 95 Van Camp Pack, pfd 94 ... Van Camp Prod. Ist pfd 95 ... Van Camp Prod. 2d pfd 93 ... Vandalia Coal com t Ysndalin Coal nfd ... 10 Wabash Railway com Wabash Railway pfd Banks ana Trust Companies— Aetna Trust 100 Bankers Trust 118 City Trust 82 ... Commercial National 65 ... Continental National 112 ... Fa”Uers Trust 200 ... ridelity Trust 120 ... ! Fletcher American National. 257 Fletcher Bav. Jc Trust 163 Indiana National 284 294 Indiana Trust 195 Live Stock Exchange 450 500 Merchants National 275 National City 112 120 People's State 178 Security Trust 120 State Savings and Trust.... 85% ... Union Trust.... 340 370 Wash. Bank A Trust 142 BONDS. Broad Ripple 5s 46 Citizens .St. Ry. 5s 72 14) Ind. Coke A Gas Cos. 65..... 89 Ind. I reek Coal A Min. 65. e.. 98 ... Ind. Northern 7g ! Ind. Union Traction Indpls. A Colum. South. 55... 88 ... Indpls. A Greenfield 5a...... 90 ... Indpls. Martinsville 55.... 59 Indpls. A North. 5s 35 40 Indpls. A Northwest, 55.... 50 60 Indpls. A Southeast. 5s 44 Indpls., Shelly. A S. E. sa.'. ... 95 Indpls. St. Ry. 4s 52 60 Indpls. Trac A Ter. 5s 64 Kokomo, Marion A West..... 80 8* T H . I. A E. 5s Union Trac. of Ind. 65...... 50 59 Citizens Gas 5s "3 82 Ind. Hotel 2d 6s 96 100 Ind. Gas 5s 72 80 Indpls. L. A H. 5s 75 82 Indpls. Wafer 5s 87% 91 Indpls. Water 4%s 70 80 M. H. A L. ref. as 89% 94 New Tel. Ist 6s 94 ... New Tel. Long Dial. a5.... 93% ... South. Ind. Power 6 87 ... LIBERTY BONDS. Liberty 3%s 91.00 Liuerty nrst 4s 83.38 86.5s Liberty second 4s 85.26 .... Liberty firrt 4%s 86.44 .... L.berty second 4%s 85 50 .... Liberty third 4%s BbA*> .... Liberty fourth 4%s 85 68 .... Victory 3%s 95 82 .... Victory 4%s 96.00 .... Terse Market Notes —July 15STOCKS—Twenty representative industrial stocks at the close of business on Wednesday showed an average of 91.20. a decline of .38. Twenty active rails averaged 73.84, off .03. Sears, Roebuck A Cos. declared the regular quarterly dividend of $2 a share on the common stock, payable Aug. 14 to stock of record July 31. •'Traders who have been trying to stimulate the market in anticipation of easier money are doomed to disappointment.” s-ys B. H. Ettleson of Thomson A McKinnon. "The money market right now is aa tight as it has been any time in months, and before we are through it is going to bring on liquidation.” Talk of a cut in rubber tire prices is being heard, based upon rumors that dealers are overstocked and unable to dispose of their wares. This la denied by prominent men in the rubber Industry. In connection with the report that cotton mills are carrying large amounts of high-priced tire fabrics, which are not being taken by rubber companies, it is stated that this condition exists mainly* with the smaller producers, whose bankers have been urging credit curtailment. GRAIN—A British authority estimates that the world's total import needs of wheat for the coming crop year will be 550 000,000 bushels, and the surplus of exporting countries will be 555,000,000 bushels fr m the new crops, plus 419,000,000 reserves of the old crop. Weather conditions are reported perfect over the southwest. The only place said to need rain was northern Knusas, where a good rain fell last night. Weather The following table shows the state of weather at 7 a. m., as observed by U. S. weather bureaus; Bar. Temp. Weath. Indianapolis, Ind. .. 30.11 70 Clear ! Atlanta, Ga 30.14 74 Clear i Amarillo, Tex 30.12 70 clear Bismarck. N. D 30.22 56 Clear Boston, Mass 29.90 78 PtCldy Chicago, 111 30.08 (W Clear ' Cincinnati, 0 3008 70 Clear I Cleveland, 0 3002 68 PtCldy , Denver, Colo 30.14 62 Cloudy Jacksonville, Fla. .. 30.18 78 Clear Kansas City, Mo 30.18 68 Clear Louisville, Ky 30.10 72 Cloudy Little Rock, Ark. .. 30 08 74 PtCldy Los Angeles, Cal. ... 29 98 60 PtCldy Mobile, Ala 30.16 78 Cloudy New Orleans, La.... 30.14 80 Clear New York, N. Y 29 96 72 Cloudy Norfolk, Va 30.06 76 Clear Oklahoma City 30.08 74 PtCldy Omaha. Neb 30.20 70 Clear Philadelphia, Pa. ... 29.96 76 Cloudy Pittsburg, Pa 30.00 70 Cloudy Portland, Ore 30.00 60 PtCldy Rapid City, S. D... 30.22 60 Clear Roseburg, Ore 30.02 60 Cloudy San Antonio, Tex. .. 30.12 74 Clear Baß Francisco, Cal... 30.04 54 PtCldy St. Louis, Mo 30.12 72 Clear St. Paul, Minn 30.16 60 Clear Tampa, Fla 30.16 78 Clear Washington, D. C. .. 29.98 74 Cloudy WEATHER SYNOPSIS. While showers and thunderstorms have occurred sine© Wednesday morning from Missouri and Arkansas eastward to the middle Atlantic const, tlie weather now has cleared generally In the north-cen-tral states, and fair weather has been the rule In most other parts of the country. It is a little cooler between the middle Mississippi river and the Alleghenies, but, as a rule, the temperature changes have not been material over large areas In any district. WHOLESALE MEATS. Wholesale meat prices are quoted by Indianapolis packers aa follows: Slams—Regular, 14 to 166 lbs, 42%c; skinned, 8 to 10 lbs 43c; fancy boiled, 10 to 13 lbs, 63c. Bacon—Fancy breakfast, 3 to 7 lbs, 43c; fancy sliced, 1-lb carton, 57c; sugai cured, 4 to 6 lbs average, 49c. Salt Meat—Dry salt Indiana butts, 16%c. Lard—Refined, tierces basis 21c; oDen keitle, tierces basis, 21%@22%c. Fresh Pork— Spare ribs. 20c; shoulder f-ones, 7%e; tenderloins, oSft62c; dressed hogs, 24%c. Sausage—Fresh links,Llßft'22c. Beef—Steers. medium*. 400 to 500 lbs, 21 %c- No. 2 heifers, ®:; native cows, lfiftl9c: medium 14®17c; loins, No. 2,29 c; No. 3, No. 2,39 c; No. 3,25 c; rounds, No. 3,27 c; chucks No. 2,15 c; 8,14 c; platea, cow, No. 2. 12c; No.

SHARP DECLINE IN HOG VALUES Large Holdover Gives Buyers Control in Market. RANGE OF HOG PRICES. Good Good Good. July Mixed. , Heavy. Light. [email protected] [email protected] [email protected] 10. 16.25 @ 16.5' 16.00016.35 [email protected] 12. 16.25 @ 16.60 16.00 @16.35 [email protected] 13. 16.00 @ 16.25 [email protected] 16.00016.35 14. 16.00016.05 [email protected] 16.00016.15 15. [email protected] 15.00 @15.35 15.26015.60 Three thousand hogs held over from Thursday proved a stumbling block to j sellers today, and when it was announced that fresh receipts would approximate I 12.000. prices took a sharp tumble. Buyers were able to fill their orders at almost their own prices, and a drop of 65 cents was made at the outset, the bulk . of sales of good hogs being made at ! $15.50, as compared with $18.15 on the j previous day. Local packers took a substantial part j in the early dealings, but outside buyers [ held back. This was a reversal of the situation that has prevailed recently,! when the principal local buyers con- j tended that the market was out of Unej with prices elsewhere and made pur-, chases sparingly, with outside orders j coming In sufficient volume to sustain prices here fairly well. Heavv hogs moved slowly, but the de- ] dine was not quite so abrupt as in the j lighter'weights. Heavies ranged from! $15.2.7 down. Pigs sold from sl4 down, | while the best sows brought $12.70. Trading was slow in cattle, the demand [ for good steers showing a decided con- j traction Prices, however, were not much changed in the best grades, while female stock, as a rule, was steady. j Calves were steady and little changed, | although sellers found it harder to place | offerings at the levels of the previous day. The best veal calves ranged at sls if tin, with a few choice calves bringing $16.50. „ , I Dealings in sheep were small and ; prices steady. HOGS. Best light hogs, 100 to 270 lbs j average 15.27@1 17.50 , 250 to 300 lbs average I Over 300 lbs average Best pigs, under 140 lbs J2oo® 14 00 Sows • 00 Bnlk of sales 17.50 CATTLE. Prime cornfed steers, i,300 lbs and up ,18.00016.25 Good to choice steers, 1.300 lbs and up 14.00016.00 Good to choice steers, 1,100 tc > , , I,3'X) lbs [email protected] Good to choice steers, 1.000 ■ to 1,100 lbs 10.0001.-aO Common to medium steers, 9UO to 1,000 lbs 6 [email protected] Bulls and Calves— Good to clolce butcher bulls.. 6.00® 5.70 Bologna bulls 5.30® 6-uOj Light common bulls 4.50® 600 Choice veals lSOOftltt..*) Good veals 14.0>@15.00 Medium veals [email protected] Lightweight veals [email protected] Stockers and Feeding Cattle — Good to choice ateers, 880 lbs. and up [email protected] Good to choice steers, under 800 lbs 8.000 9.00 Medium to good cows 6.30® 8.00 Good cows 6.uO@ 7.00. Good -heifers 7.00<3 N'JO Medium to good heifer* 7.770 527 Good milkers 70.00ft5125.fi) Medium milkers [email protected] Stock calves ‘.’TO to 470 lbs [email protected] Heifers and CowsGood to cho re heifers 1 [email protected] Med.urn heifers 10.0-011.50 Common to light heifers 7.00010.00 Choice cows 10.00012.00 Good to choice cows B.o)ft 9.00 lair to medium cows ...' 7.00 ft 8.00 Canneis 6.o'J@ 7.00 Cutters 4.000 6.00 Sheep and Lambs — Good to choice sheep 5.00 ft 0.50 Fair to good sheep 4.000 5.00 Common to medium sheep... 3.00@ 4.00 Bucks 3.00 ft 4.50 I'ommon to choice yearling*.. 6.00 ft MX) Good to choice clipped....... 3.00 ft 7.00 Spring lambs 10.00014.50 Other Live Stock CHICAGO, July 15— Hogs— Receipts, 30,000; market active, 15c to 25c lower: bulk, sl3 405117 67; butchers, $1.7 90ft 17.65; [ a- kers. $12.65ft 14.50; lights. $13.75ft 15.40; pigs. $12.73ft 1170: roughs. sl2 07ft 13.27. Cattle Receipts, l.afl market slow and steady: beevea. 110 ft 16.50; batchers, $6.25014.75; causers sad cutters, $4.25014.50; stackers and feeders, $7.25ft 10.75; cows, $0.2501475; calves. $1250014.50. Sheep -Receipts. 12J4K); market slow and lower; lambs, *7 50ft 10.75; ewes, (6.70013.75. CINCINNATI, July 15-Hogs Receipt*, 43X)0; market slow and 25ftViclower; heavy, mixed and medium. .*l6; light, $15.50; pigs. $12.70; roughs, $12.25; stags, $9.25. Cattle Receipts 450; market slow and steady; bulls steady; calves, $15.50. Sheep uml lambs—Receipts. 1700; market strong; sheep, SB. lambs, $16.50. CLEVELAND, July 15.—Hogs—Receipts. 2,000; market 40ft70c lower; yorkera. (lt'.ft 16.10; mixed. $l6O 1*3.10; medium, $16016.10; pigs, $14.50: roughs, $12.27; stags. SB. Cnttle—Receipts, 700; market 27ft70c lower. Sheep and lamb* —Receipts, 500; market steady: top. *l7. Calves—Receipts, 300; market steady; top, $lB. PITTSBURG, July 15. Cattle Receipts light; market steady; choice. $15.25 ftl6: good, $14.25015; fair, sl3ftl4; veal calves. 516.50ft17.20. Sheep and lamba— Receipts light; market strong; prime weathers, $9.50010; good, (fifth; fair mixed. s7ftfi: *prlng lambs. $10016.50. j Hogs—Receipts. 27 double decks; market, lower; prime heavies. sl7ftlo; mediums, $17.75® 18; heavy yorkers, $17.75018; light yorkers, $15.75016,50; pigs, $11,750 15.25; roughs, $11012.50; stags, sß®9. EAST BUFFALO, July 15.—CattleReceipts, 275; market slow and lower; shipping steers, $15.50ft 16.50; butcher grades, 10ft 15c; cows, 4@loc. Calves— Receipts, 270; market active and steady; culls choice, $6018.50. Sheep and lambs —Receipts, 200; market active; choice! lambs, $17.50018; culls fair, $11010; yearlings, $11013.50; sheep—ssolo. Hogs i —Receipts, 11.000; market slow, 10" to j 25c lower; yorkers, $15.75017; pigs, $l7O ! 15.50; mixed. $16.750 17; heavies, $l6O ! 16.50; roughs, $11013; stags, SBOIO. EAST ST. LOUIS, 111., July 15.—Cat- ' tie- Receipts. 4.700: market steady; nu- i live beef steers, s9®ls; yearling beef 1 steers and heifers, $12014.75; cows. S7O 11; stockers and feeders, $8.7509.75; , calves, $12013; canners and cutters, $5.70 1 06.50. Hogs—Receipts. 7,700; market, i 20035 c lower; mixed and butchers, $15,50 1 @l6; good heavies, $14.75015.50; rough heavies, $12013; lights, $17.50016; pigs, $12015.70; bulk of snles, $15.60015.90. Sheep—Kecelpts, 1,600; market steady; ewes, $607: lambs, $14015; canners and cutters, $2.5005. WHOLESALE PRODUCE. Eggs—Fresh, loss off, 40c. Poultry—Fowls, 26c; broilers, 1% to 2 lbs, 45c; cocks, 17c; old tom turkeys, 30c; young tom turkeys, 12 lbs and up, j 37c; young hen turkeys, 8 lbs and up, 35c; thin turkeys not wanted; ducks,) 4 lbs and up, 20c; ducks under 4 lbs, I 17c; young ducks, 30c; geese, 10 lbs i and up, 16c; squabs, 11 lbs to dozen,! $6.50. Butter—Clean packing stock, 35c lb; fresh creamery butter in prints ts selling at wholesale at BVSJfllc; in tubs, 58c. Butterfat —Buyers are paying 58@60c for cream delivered at Indianapolis. Cheese (wholesale selling prices) Brick, 30035 c lb; New York cream, 35c; Wisconsin full cream. 32%033%c; longhorns, 33%@45c: Hmburger, 34038 c; Swiss, domestic, 00067 c; imported, sl. CHICAGO PRODUCE. CHICAGO, July 15.—Butter—Receipts, 11,557 tubs; creamery extra, 55c; extra firsts. 49@54c; firsts, 34ft;40c. Eggs— Receipts, 18,899 cases; current receipts, miscellaneous, 39042 c: ordinary firsts, 38%@39%c; firsts, 42043 c; extras, 220 83%c; checks, 27@35%c; dlrtieg, 24%@ 25c. Cheese—Twins (new), 24%025r; daisies, 20%@27e; young Americas, 26%c; long horns, 26%e. Live poultry—Turkeys, 40c; chickens, 32c; roosters, 23c; geese. 20030 c; ducks, 28c. Potatoes — Receipts, 46 cars; Minnesota, Dakota, Ohio, $0.8507. CLEVEjkAND PRODUCE. CLEVELAND, July 17. r Butter—Creamery, in tubs, extra, 61%<£j62c; extra fancy, 60%@61c; flists, ">)%@6f)c; seconds, 770 5Sc; pac king, 35®4tc. Eggs—Fresh gathered, extra, 49c; fresh extra, 48c; northern Ohio, fresh, new cakes, 45c; old cases, 48%@44c; western fifcft, 41c, extra, 47c. Poultry—Roosters, 2it@2lc; fowl*. 35® 36c; extra good, 40c; broilers, 50090 c.

INDIANA DAILY TIMES, THURSDAY, JULY 15, 1920.

HEAVY SELLING LOWERS GRAINS Wheat Closes at $2.70 1-2 After Rising to $2.76. CHICAGO, July 15.—Aside from a stir at the opening today when traders flooded the reopened wheat pit in the role of spectators, the Board of Trade was notable today only for a continued decline in corn and oat futures. The subsiding of a rust scare in the northwest, good growing weather and good receipts served to bear down prices. Corn sagged heavily. There was little trading in the wheat pit, but the comparatively few deals involved many bushels. As had been predicted, the opening prices ran about 18 cents below the prevailing cash prices, and fluctuations were not great, December wheat opened at $2.72, went as high as $2.75 and closed at $2.70%. March wheat opened late at $2.74, rose to $2.76 at one time and then declined to $2.74 at the close. (By Thomson & McKinnon). —July 17— Wheat trading for future delivery was of very moderate proportions, being confined to merchandising Interests, while elevators and western interests were sellers. Weather conditions in the northwest are against any spread of black rust. Former sellers of corn were inclined to accept profits in the early market, but during the day new pressure appeared and as the market entered new grounds liquidation was encountered. Beyond a demand from some of the larger shorts, the market was devoid of Important buying power. Crop conditions and news continue of very best character. There s -etna to be no Incentive for higher prices; on the contrary, the slow cash demand, crop outlook and above all things, the high interest rates for time loans, suggest a continuation of the present downward trend. Elevator Interests and prominent commission houses were early sellers of September and December oats. During the day there was selling of July, which appeared to be In liquidation. Anew factor is the Increased offerings of new oats by the country. CHICAGO GRAIN. —July 15— Open. High. Low. Close. Loss. WHEAT— Dec. 272 2.75 2.70 2 70% ... Mar. 2.74 2.76 2.73 2.74 ftORN — July 1.53 1.54% 1.48 1.49% 4% Sept 1.53% 1.54% 1.18% 1.49% 3% Dec 1.40% 1.42% 1.36% 1.37% 2% OATS— July 92% 92% 86 86% 5% Sept 77% 77% 77% 76% 1% Deo. 77% 75% 74% 75% % FORK— July *26.17 .68 Sept 28.25 28.25 27.35 27.55 .70 LARD— Julv 117.85 .82 Sent 1.8.75 18.87 18.50 IS 65 .22 RIBS — July f15.83 .30 Sept 16.67 16.75 16.72 16.55 .40 * Nominal. CHICAGO CASH GRAIN. CHICAGO, July 15.—Wheat—No. 4 hard $2.87; No. 2 bard. $2 92; No. 3 hard, $2 91 Corn N. 2 mixed. *1570 1.57; No. 2 white. $1.62; No. 2 yellow. $1.5601-58; No. 3 mixed. $1.55; No. 4 mixed; *1.52%; No. 4 yellow. $152%. Oats No. 2 white 97< ft IS: No. 3 white, 94ft98c; No. 4 white, 94ft06c. TOLEDO CASH GRAIN. TOLEDO. July 15 Wheat—No. 1 red. $2.90; Ib'cember, $2.72. Corn —No. 2 yellow. *l6O Oats No. 2 white. $1.040105. Bye—No 2, $2.23. Barley—No. 2, *1.37. Cloverseed —Cash, $25; October. $27.75Deeember, $23.T0. Timothy (Nish, 1917 and 1918, $5.40; cash, 1819. $5 50; September, $5.80; October and December, $5.60; March, *7 80. Alalke—Cash, $24; October, $2470; December, $24 75. PRIMARY MARKETS. (By Thomson A McKinnon). July 15. —Receipt*— Wheat. Corn. Oats. Chicago 23 .(nu) 296.000 243.0 0 Milwaukee 11,000 38.000 111.000 Minneapolis 212,001 10.030 17.000 Duluth ~..137,000 13,000 St Louis 127,000 91,(00 90.000 Toledo 7,000 9.U00 6,O<H Detroit 3,000 7.000 8,000 Kansas City ...174,000 14,000 15,000 Omaha 35.000 63,000 26.000 Indianapolis ... 7,0l)>( 85,000 54,000 Totals 736,000 006,000 706,000 Year ago 1,328,000 377,000 752,000 —Shipments— Wheat. Corn. Oats. Chicago 104,000 100,000 113,000 Milwaukee 17,009 23.0(H) 43.0U0 Minneapolis 128,000 30,000 47,000 St Louis 67.000 47,000 37,000 Toledo 16,000 7,000 Kansas City ....248,000 18,000 2,000 Omaha 78,00 ) 32,000 14,0 Indianapolis .... 1.000 49,000 2,000 Totals 659,000 308,000 266,000 Year ago 241,0)0 316,000 632,000 --Clearance*— Dom. W. Corn. Oats. New York 175,00) 59,000 221,000 Philadelphia 42,000 Baltimore ...... 67,000 Totals 284,000 57,000 221,000 Year ago 334.000 33,000 INDIANAPOLIS CASH GRAIN. —July 15— Bids for car lots of grain nnd hay at the Indlanapoili Board of Trade were; Corn —Weak; No. 3 white $1.60; sample white, $1.51%; No. 3 yellow, $1.56%; No. 6 yellow, $1.50%. Oats—Weak; No. 2 white, 07%c@ $1.02%; No. 3 white, 98%c. Hay—Weak; No. 1 ttmolhy, $34034.50; No. 2 timothy, $33033.50; No. I light (lover mixed, $33033.50; No. 1 clover mixed, $32.50033. —lnspections Wheat—No. 1 red, 2 cars; No. 2 red, 8 cars; No. 4 red, 1 car; No. 5 red, 1 car; total, 12 cars. Corn—No. 1 white, 9 cars; No. 2 white 13 cars; No. 3 w-hlte, 1 car; No. 0 white, 1 car; sample white, 3 cars; No. 1 yellow, 4 cars; No. 2 yellow, 13 cars; No. 3 yellow, 2 ears; No. 6 yellow, 1 car; No. 1 mixed, 1 car; No. 2 mixed, 2 cars, sample mixed, 1 car; totßl, 61 ears. Oats—No. 1 white. 11 cars; No. 2 white, 16 cars; No. 3 white, 16 curs; No. 3 wbltt* 1 car; No. 1 mixed, 2 cars; No. 3 mixed, 1 car; total, 31 cars. Rye—No. 3, 1 car. Hay—No. 1 timothy, 2 cars; No. 1 clover mixed, 1 car; total, 3 cars. WAGON WHEAT. Indianapolis (lour mills and elevators are paying $2 50 for No. 1 red wheat, $2.50 for No. 2 red and $2 45 for No. 3 red. Other grades on their merits. HAY MARKET. The foliowring are the Indianapolis prices of hay by the wagon load: Hay—Loose timothy, $31033 a ton; mixed, $29031; baled, $32@37. Corn—-$1.9502 a bushel. Oats—sl [email protected] a bushel. Straw—Wheat, SBO9 a ton. CORN AND WHEAT BULLETIN. For the 24 hours ending at 7 a. in., 90tli meridian time, Thursday, July 15: Temper- - ature ' I*s Stations of * § Indianapolis District. % | US'S 15 ta *2 5h Bo South Bend ....I 72 | 54 0 I Good Angola j 78 [ 51 0 ! Good Ft. Wayne jBO 54 0 ] Wheatfleld 76 52 0 Good Royal Center ... 70 |52 0 Good Marion [B6 150 0 Good Lafayette |84|60 0 Good Farmland |B7 172 0.02 Good Indianapolis .... X 0 I M 0 Good Cambridge City.! 86 !56 0 Good Terre Haute 188 08 0.68 Fair Bloomington ...| 88 65 0.00 Muddy Columbus |B7 64 0.14 | Fair Vincennes 187 67 .019 I Fair paoll 87 70 0.79 Fair Evansville ••••'••{ 90 70 0.04 | i J. H.' ARMiNGTOSr* Meteorologist Weather Bureau.

On Commission Row TODAY’S PRICES. Apples—Barrels, $10012; boxes, S4O 4.50; baskets 83@4. Asparagus—Fancy home-grown, dozen, 35©40c. Bananas—Pound, B@loc. Blackberries—Crate, $306.50. Cabbage—Fancy Texas, barrels, 2%0 3%c; Mississippi, $3.7004.25; homegrown, bbl, $5. Beans—Michigan navy, in bags, per lb, 8%09c; California pimas, in sacks, 130 14e; marrowfats, per lb, 14%@15e; green, fancy, home-grown, hamper, $3.64. Beets—Fancy Kentucky, per hamper, $2; home-grown, dor, 45c; Cantaloupe—Crate, standard, $403; fiat, $2. Carrots—Forty-lb. basket, $2.50; homegrown, 30c per doz bunches. Cauliflower—Crate, $304. Celery—Florida, per crate, $7; fancy trimmed, per doz, $202.50, Cherries—l6-qt case $4. Cucumbers—Fancy hothouse, per doz, $2; fancy Florida, 5-doz crate, $5.25; home-grown, doz, $1.5002. Grapefruit—Extra fancy Floridas, $4.50 @O.OO. Gooseberrtea—l6-qt case, $4. Kale—Fancy home-grown, tier üb, sl. Lemons—Extra fancy, California $4.50 @6. Lettuce—Home-grown, leaf, per lb, .9 ®7c; Iceberg head lettuce, per crate, $5 @7; hme-grown. 10012 c per lb. Mangoes—Fancy basket, $101.50. Oranges—Extra fancy Callfcrnlas, navels, $.5007; Valencius, $4.7506; extra fancy mediterranean sweets, $5.7008. Onions —Fancy new Texas white, 50lb crate, $2; same yellow, $1.73; homegrown, green doz, 10025 c, Parsnips—Fancy, 67-lb hamper, $1.65. Parsley—Fancy home-grown, 35c doz; southern, $1 doz. Peaches— Home grown, bu, $202.50; | Georgia, crate, $3.5004.50. Peas—Fancy Mississippi, per hamper, $303.50; fancy telephones, bu, $4. Pieplant—Fancy home-grown, 25040 c doz. f’lneapples—Ripe Havanas, $4 5007.30. Potatoes —Northern whites, $8 per 10<t lbs; bags, sl2; new Texas $9 per ICO lbs; fancy new Florida Rose, per bbl, *14.50013; per 55-lb basket, $5 25; Virginia nnd Kentucky cobblers, bbl, $13.50. Radishes—Home-grown, button, doz bunches, 25@33c; southern, long, 15020 c. Raspberries-—Case, *306.50. i fieed Potatoes—lrish Cobblers, Maine, per 100 lbs SB. Sweet Potatoes—Fancy Jerseys, s3@ 3.25 per hamper. Seed Sweet Potatoes—lndiana grown yellow Jerseys, per bu. $1.25. Spinach —Fancy, per bu, sl@2. Tomatoes-Basket, $1.7502. Watermelons—Fancy Florida, 75c%51. Housewives’ Market LATEST PRICES. The following prices are the general priest charged at the city market, obtained by striking an average of the prices charged at various stand* Apples, choice, per io $ .10013 Aiparugus, home-grown, according to size of buuches.. .03(010 Bananas, doz .20040 Beaus, string, lb 10020 Carrots, bunch .03(u05 Cabbage, lb ot@o4 Celery, bunch 03015 Cherries, qt box .35 Cucumbers, hothouse, each..,.. .10020 Cucumbers, southern O.Tqlo Grapefruit, each 10020 Kale, home grown, lb 13020 lemons, per doz '20030 Let luce, leaf, per lb 15020 Lettuce, head, each 03013 Onions, lb 05007% Onions, Texas Berumda, 1b.... .13 Onions, green, bunch 05007 Oranges, doz.. 30075 Parsley, 2 bunches .03 Peppers, green. Florid*, bunch. .03047% Pineapples 15030 Potatoes, peck 1.0001.50 Potatoes, lb .10 Potatoes, new, lb .12 Potatoes, sweet, 3 lbs .23 Radishes. 3 to 5 bunches .10 Rhubarb, 2 to 3 bunches .03 Spluach. lb 10013 Strawberries, qt box 25035 Tomatoes, lb 50065 Green peas, lb .25 Scotch pea .12% Split peas, yellow .12% Split peas, green..... .18 Beans, navjr, lb .11 Beans, lima, lb .17 Sugar, aoft A .26 Sugar, granulated 26034 Beans, Colorado plntaa, lb .10 Beans, kidney -18 WHOLESALE FEED PRICES Too Sacks. Cwt. Acme brand $30.25 $3.0(1 Acme feed 62.23 3.15 Acme middlings 06.23 8.33 Acme dairy feed 78.25 3.95 E-Z dairy feed 69.25 8.50 Acme H. * M 84 25 4.25 C O. A B. chop 70 25 8.53 Acme stock teed 70.00 8.55 Acme farm teed.. 72.25 3 63 Cracked c0r0.... 8375 4.25 Acme chick feed.... 83 25 4.20 Acme scratch 80.25 4.05 E /.-scratch 69.23 3.50 Acme dry mash 80.23 4.05 Acme hog feed 80 00 4 03 Acme barleycorn 83 25 420 Ground barley...... 84 75 4.80 Ground 0at*....; 85.75 4.33 Hotnllk white 80.73 4.10 Rolled barley 84.75 4.80 Alfalfa mol 73.00 8.70 Cotton seed meal 80.00 4.05 Kafir corn meal • .... 63.25 3.45 GbaiNk Shelled corn, small lots $ 2 05 Shelled corn, large lots 2.04 Shelled corn, bu sacks 214 ; Oats. 3 bu sack 1.64 Oats, bulk, large 1.28 Oats, leas than 100 bn 1.29 Chicken wheat, cwt, sacked 4.30 CORN MEAL AND FLOUR 1 Corn meal, cwt, net $ 4.00 E-Z bake bakers' flour. 88-lb sacks 14.70 LOCAL HIDE MARKET. ! Green hides —No. 1,15 c; No. 2,14 c; calves —No. 1,15 c; No. 2, 20% •. llorsehldcs —No. 1, $7; No. 2, $6. Cured hides—No. 1. 17c; No. 2. 16c. File 92 Damage Suits in Gary Circus Wreck HAMMOND, Ind., July 15.—Ninety-two damage suits against the Michigan Central railroad are on file In the Lake superior court here, as the result of a train wreck near Gary two years ago, when fifty-seven employes of the Hngen-beck-Wallace circus were killed and more than 100 were Injured. About 125 suits are now pending against the railroad, the damages asked ranging from $2,00 to $40,000. Some of the suits are by administrators of estates of persons who were killed In the wreck, others by employes who were injured and a few afe asking damages for personal property. Total damages asked reach the sum of one million dollars. No Trace Found of Grain JElevator Man LAFAYETTE, Ind., July 15.—Lee Keliey, manager of the Raub Grain Company’s elevator, at Raul), who disappeared June 28, leaving his accounts in confusion, has not yet been located. Accountants are working on his books an daccordlng to Henry Carson, president of the company, there is a shortage which may amount to $30,000. The company is protected to the amount of SIO,OOO by Kelley's bond. It is not yet known what caused the shortage, but one report is to ’the effect that Kelley lost money on the Board of Trade and another is that he lost in legitimate business, because of the break in the cash grain market recently. Luther League Will Join United Church FT. WAYNE, Ind., July 15.—The Luther League of America, in its annual convention here, voted out the old organization as an independent body and will affiliate with the United Lutheran, church. Reports made to the convention showed that during the past year more than $1,000,000 had been contributed by the Lutheran church for relief work in Europe. Last fall mors than 2,000,000 pounds of clothing were gathered and shipped across tha sea.

MEXICANS WILL SETTLE CLAIMS America Has Asked Less Than Any Other Country. MEXICO CITY, July 15.—A group of earnest and sincere intention of the new j povernment to establish as soon as possible an international commission to coneider and liquidate the many damage claims lodged by foreigners for damages Incurred during the perennial revolution since 1910,’’ declared a responsible Mex•can treasury official in an exclusive interview with the writer while discussing Mexico’s future attitude toward all foreigners resident in the republic. "At the time that the Carranza crowd! Bed from the capital a total of 378 claims! had been filed with the commission for the- regulation of revolutionary damage claims, the same calling for the payment of 34,862,098 pesos, of which number 138 claims were presented by foreigners and 240 by Mexican citizens. “The foregoing number of claims, however, by no means covers the damage, which the government must eventually meet because of depredations committed during the revolutionary period, becauce of the fact that by far the larger number of claims have been filed directly in Washington and other foreign centers," continued the treasury official, "and of' which, at this time, wo have no record.” The greatest number of claims filed by any one nationality is credited to the Spaniards, who head the list with fortyeight claims, aggregating more than 18,000,000 pesos. The Turks come next with twenty-one claims, calling for more than 4,OfiO,<XK> pesos. The next highest is twenty six claims lodged by Germans, declaring to have been damaged in the sum of 4,000,000 pesos, while the records reveal the startling fact that but ten claims have been filed by Americans seeking damages for but little more than 7ft),000 pesos. Marriage Licenses Arthur Rybolt. 42, carpenter, TwentySixth street and Arlington avenue, and Salbe Hunt, 87, 417 East Ohio street. Walter J. Smith. 22, machinist, 1442 Naomi street, and Mary L. Hittle, 18, 1167 1111a avenue. Ira E. Sawhom. 46 foreman, 310 Highland avenue, and Addel M. Cox, 46, 344 California street. Samuel Scott. 38, laborer, 109 Kansas street, and Lewey Peters, 51, 1230 Wright street. A. H. Relfenstein, 40, building superIniendent. 313 Eusr St. Clair street, and Norma Fischer, 30, Chicago. Noble Aubrey, 23, mechanical engineer, 32224 Kenwood avenue, and Ruth Batter■on, 21, 325 South Hamilton avenue. John Allen, 41, metal worker, 135 North Delaware street, and Musll Ciimer, 37, Havana, 111. William Rogers, 31, chauffeur, 141 North Noble street, and Dora Fry, 20, 432 South New Jersey street. John Fausier, 37, teamster, 413 South Ne v Jersey street, and Cora Gurley, 38, •130 West New York street. _Udgnr Dawson. 24, mirier, Flkesrllle, Ky.. nnd Jess'e Ferguson, 20, 2742 North Delaware street. William Burrows. 27, conductor. 2937 Moors avenue, and Carrie Black, 22 2937 Moore avenue, U bert Merrlem. 47, painter, 131S Leonard street, and Nora Halbert, 34. 1518 Leonard street. Albert Staub, 24, grocer, 1101 North Wartnan avenue, and Margaret Bakemeter, 24, 546 Wright street. Robert Petit, 24. grocery clerk. 536 North Illinois street, and Cora Norris, 26, 530 North Illinois street. John Johnson, 36, construction worker, rear of 615 North West street, and Colene Bryant, 25, 617 North West street. Herman Schmidt, 34. mechanic. 1323 Oakland avenue, and Goldie McHenry, 33. 2114 North Capitol avenue. Leon Patt, 21, oKt-iHe craneman, 1534 Shelby street, and Sadie Bush, 26, 1616 East New York street. Arthur Waiters, 42, banker, Wyoming, 111 . and Mary Jewett, 03. 845 West drive. Woodruff, John Bailey. 22, machinist. Detroit, and Marguerite Rallsback, 18, St. Louis. John Chris, 27, confectioner. 1837 Boulevard plac. and Mary Llewellyn, 25 329 West Eighteenth street. Robert Kelly. 21. accountant, 4305 Col!ve avenue, and Dorothy Albright, 20, 1217 South State avenue. Births Newman and Elysce Hayter, Deaconess hospital, boy. William and Mary Burns, 137 Baketne.ver, girl. Marshall and Ilazd M Donald, 823 North Illinois, boy. Mont and Edna Baird, 604 North Jefferson. girl. Gordon and Ruth Sheppard. Methodist hospital, boy. Daniel and Charlotte Tutor, Methodist hospital, girl. Clarence and Gertrude Smith, Methodist hospital, boy. Warren and Mary Beem, Methodist bosplul, bojr. William and Doris Boiler, Methodist hospital, girl. Morris and Carrie Rotnknger, Methodist hospital, boy. Eldred nnd Eva Aubrey, Methodist hospital, boy. John and Laura Todd, Methodist hospital, boy. Orlando and Mabelle Perry, St. Vincent’s hospital, girl. Samuel aud Nellie Owens, 2130 Clay, boy. Shirel and Ruth Booker, 2220 East Tenth, boy. Sandy and Georgia Taylor, 2119 Howard. boy. William and Georgia Chavis, 2146 Sheidon, boy. Charles and Emily Crane, 1014 East Raymond, girl. Otis aud Bertha Jones, 1133 Teeumseh, boy. James and Lorraine Hardee, 1628 West i Market, boy. Alexander aud Adeline Jenkins, 3510 East Washington, boy. Clover and May Carter, 416 West Wnghington, girl. Lewis and Rose Brocket!, 103 Colorado, girl. Elmer and Madera Rogers, City hospital, girl. John and Luclle Arens, City hospital, girl Rudolph and Marietta Mauer, 1212 Muskingum, boy. James and Mattie Garvin, 1441 Shepard, girl. Hosea nnd Elizabeth Keene, 831 Darnell, boy. Joseph and Anna Lawhan, 1732 Lexington, boy. Deaths Katherine Agnew, 54, 2h39 North Pennsylvania, chronic interstitial nephritis. Henry Piscator, 51, Long hospital, acute parenchymatous nephritis. Charles 11. llenson, 9 days, 2052 South Meridian, premature birth. Alice M. Taylor, 71, 227 North Illinois, carcoma. ... Harriet W. Wright, 70, 1522 Ashland, cirrhosis of liver. Sophia Barns, 85 , 2222 North New Jersey, acute dilatation of heart. Jane Arthur, 80, 2332 Stuart, lobar pneumonia. Caryoline F. Whitaker, 73, 1821 Nowland, carcinoma. Rosemary Johnson, 4 days, St. Vincent’s hospital, cerebral hemorrhage. Anthony Bernard Stnhley, 53, 440 W est Fortieth, pulmonary tuberculosis. Mary Isabel Payne, 81, 1026 Teeumseh, cerebral hemorrhage. M. A. Shepard. —, 103 North Garfield, chronic mvocurditis. Julius A. Victor, 81, 2320 North Capitol, drowning by submersion. Martha Crabb, 91, 814 Division, arterio sclerosis. Hubert Williams, 31, 1322 Lafayette, pulmonary tuberculosis. Mnrvin Dix, 6 days, 2315 Jackson, Enoch Howard Wright. 76, 108 South Harris, chronic interstitial nephritis. Julia B. Cobb, 85, 1422 Park, hypostatic pneumonia. James Jones, 19, City hospital, pulmonary tuberculosis. GOLF MKET SCHEDULED. LAFAYETTE, Ind., July 15.- The Lafayette Country club has scheduled a coif match with the Hnzeldan club at George Ado’s summer home noar Brook, Newton county, to be played Sunday, July 18. Burr Swezey lias been chosen captain of the Lafayette club. The players will bo accompanied by their families and will take a picnic lunch with them. This is the first match that has aver been scheduled between the local flub and tha Ada farm golfers.

ADDITIONAL SPORTS

ACCIDENT PUTS YANKEE BOAT OUT OF FIRST RACE (Continued From Page One.) any accident occurred he would not accept a victory Shamrock was first over the line at the starting signal, but had to return and recross It, Cant. Burton of the Shamrock making a bad mess of the start. The Resolute slipped over in first place at 11:00:40. Shamrock recrossed the starting line at 11:01:38, forty seconds after the Resolute got away, and immediately took out after the American boat, which was 200 yards away. The start of the Shamrock was the worst ever made by a Lipton boat. The time allowance for the defender v.-as announced as six minutes and forty seconds. The change was due to rpmeasuroinent, the regatta committee announced. WATERS CROWDED WITH STEAMERS. In. spite of the amended navigation rules the waters around Ambrose lightship were crowded with shipping. Big ocean-going steamers, crowded with sightseers, rolled in the long swell. A fleet of large power craft noised among their bigger brethren. They hfid been converging all morning from every direction, creeping out of the light haze down the Jersey coast and along the Long Island shore. At 11:05 Shamrock, seemingly unable to catch Resolute, broke away and head, ed in shore. Resolute followed at once and began to outpoint the green boat. Resolute was leading by 300 yards. At 11:10 a rain squall drenched both yachts and nearly killed the breeze. Resolute pointed higher, but Shamrocs footed a trifle astern. WIND AND THUNDER PEAL OVER COURSE. At 12:20 both yachts were standing off shore on starboard tack, with Resolute more than half a mile in the lead and slightly to the windward. The wind at that time had breezed up against to six knots an hour. Long peals of thunder bowled across the aklea as the mist became thicker. The yachts got well out to sea in an apparent endeavor to dodge the fog and any stray outside breezes. Backers of the Shamrock were pleinJy discouraged with the miserable start made by the Lipton boat. At 12:70 the rain descended again with increased force and the storm, which had been forecast by the weather bureau, struck the course with unforecast feroclty. Rain squall after rain squall finally swept over the course, blotting out the view of the yachts. The wind changed to the westward, letting the yachts up so that they nearly pointed for the mark eleven miles down the New Jersey coast. The Resolute held her lead of a half mile. Both vessels were moving slowly. The yachts were racing on an even keel. During the first hour and a half of sailing the yachts had covered seven miles of the thirty-mile course. The Shamrock picked up slightly under changed head sail and cut down the Resolute's lead to three-elgfits of a mile. I At 12:40 the rain' had (topped. The Resolute appeared to have more wind, although neither had sufficient to heel them over. CUP LIFTED BY YANKEES IN 1851. Seventy years ago the schooner yacht America won the famous cup in a race around the Isle of Wight. Twelve times since then, English, Irish and Canadian yachtsmen have tried In vain to win it away from this country. And this is the thirteenth attempt. Weather-beaten old shellbacks along the beach at Sandy Hook, some of whom have seen as many as five cup contests, pointed to this, tho thirteenth, and wag their heads superslitiously today. "You can't mak- an old seadog shine up to 13. He reckons it a hoodoo that is liable to upset things considerably,” a veteran said. Today's race was scheduled to be a windward and leeward race, fifteen miles out and fifteen miles back. On Saturday the sloops will sail over a triangular course, ten miles to a leg and the following race will alternate as to the course in the order started today. If more than three races are necessary the yachts will sail the remaining races on successive days unless one yacht requests a delay. The race committee of the New York Yacht club will determine the course according to weather conditions each day. The marks will be set by the tub Aileen Morse, commanded by Capt. Louis Blix. CRAFT OF ALL KINDS ON HAND. The waters around Sandy Hook tody were crowded with craft of all descriptions. The floating palaces of financial kings rubbed rails, so to speak, with fussy, begrimed little tugs. There were steam yachts, steam and gas launches, sailing craft, pleasure steamers, noisy, chugging motor boats of all shapes and sizes and a number of the smaller type of transatlantic liners pressed into service temporarily to take spectators to the races. The Orizaba, for instance, carried passengers at $25 a head for the one .race. Pome of the steamers provided transportation ranging from $lO to S3O. On Atlantic highlands which overlooks Sandy Hook and from where one can gaze fifteen to twenty miles out to sea on a clear day, hundreds of spectators gathered for today's race. The beaches at Coney Island, Far

Established 1912. ©Lowell Live Stock Shares in this established concern can now be purchased at par. We recommend this issue, rrw pre*identT yer ‘ as this stock is preferred, nonassessable and nontaxable. Certificates carry dividends of seven per cent and participate in additional profits. Indianapolis Securities Company Please send me without obligation on my part detailed information regarding Lowell Live Stock 7% participating shares. Name Address

We are pro- | on farm and pared to make city property THOS. C. DAY & CO. 'J.Y HURST & CO. STOCK iectsn cr. , COMMON AND PREFERRED * 6LL 415 I.EMCKJK BUO,

Kockaway nnd Long Beach, L. 1., were generously dotted with humanity Every one who could possibly get near the scene of the cup contest, it seemed, was on hand. The Resolute went into the series today favored in the betting at varying odds. A number of bets were recorded in Wall street at two to one. Three to two was the prevailing odd~-. Asa result there were many pocketboo. s upset when the Resolute was forced out of the race. AMATEURS INDEPENDENT CLUBS PLAN FOR SERIES Eight amateur baseball managers who have signified their intentions of enterina teams in the independent championship series attended the first meeting at the city hall last night. Other managers notified the men behind the movement that they would be unable to attend this meeting, but were ready to Join in the plan. Tentative dates for the elimination rounds are Aug. 22 and 29 and Sept. 5, with the championship game on the books for Labor day, Sept. 6. The dates will not be definitely decided upon untile the entry lists close and the managers of all teams meet to discuss the matter. It is planned to close the entries on Aug. 4, and hold the schedule meeting Aug. 11. The Indiana Daily Times and the EmRoe sporting goods store have offered silver loving cups to the team winning the championship and the runnerup. Representatives present at Wednesday night’s meeting were; South of Christamores, Campbell of Militaries. Mollaun of Talbot A. C., Skaggs of Big Four, Elder of Elder Reserves. Pittman of Soc hern Cubs. McKee of Times and Buehler of South Side Turners. The Northwestern Juniors will play the Indianapolis Cubs next Sunday at Riverside diamond No. 6 and all players are asked to report not later than 2:30. All regulars and players wisli.ug tryouts should call the manager at Circle 6386 before Sunday. The Indianapolis Trojans have a hot scrap carded for Sunday and all player* who weie in uniform last Sunday should either attend the meeting Friday night or call Prospect 395. Rome "great unknown” writes in to kick on tha manner in which the Bingo A. C.’s show their love for Riverside park diamonds. It seems as though the Tartars want to bring the Bingo outfit to Garfield and the Bingo outfit refuses to leave Riverside. All Highland Cubs are requested to attend the meeting at Highland park tonight. Call or address Henry Glessing, Indianapolis Coal Cos pany, for a game with tue Oliver A. C.’s. i The Riley All-Stars are looking for fast competition. Cali Irvington 127 or address Bob Jenne, 443 North Bancroft avenue. The Indianapolis Merits have an open date Sunday. For games address William Bell, 2117 South New Jersey street, or call Circle 1013 after 6 o'crock. Call North 1673 or address Mr. Hill, postoffice, f.-r games with a fast independent club. For games with one of the best junior clubs m the city call Woodruff 3171*. Indiana Rifle Squad to Be Selected at State Tourney Here July 19-22 The program and details for the srateJ rifle competitions to be held by the In-A diana State Rifle association at Ft® Benjamin Harrison, July 19 to 22, were® announced Wednesday by Harry B® Smith, adjutant general of Indiana. ■ The first day .of the shoot will be de J voted to practice firing and matches wU® be held on each of the following days. The officers for the competitions os follow-;: Executive officer. Maj. den A. Harriman: adjutant and deal officer, Capt. I-ouis ,T. supply officer. Maj. Earl McKee; chKyi r-nge officer, t'apt. Albert Black: s’.sfant range officer. Cant. Basin ton; assistant range officer. Capt. ford G. Henley: chief pit officer, James E. Kodenbeck: assistant pit cer. First Lieutenant Charles O. Wesby® assiUrot pit officer. First John A. Brewer, aud surgeon, Maj. Join® J. Boaz. H Rules governing the matches will bei the same as those for the national rifle competitiors at Camp Perry. All officers and competitors will be lodged at Ft. Harrison. The state rifle team, which will represent Indiana in the national matches, will be selected at the shoot. The annual meeting of the association will be held on Wednesday. July 21, Five members of the executive council will be elected at this meeting. Olympic Amateur Boxers NEW YORK. July 15.—The following amateur boxers have today qualified for places on the American Olympic team byfd winning final bouts: ® 112-pound class—l*. Ziv c. Pittsburg. ® 118-pound class—Earl Hartman, I’hila® delphla. H 126-pound class—J. Zivie, Pittsburg. ■ 137-pound class -Frank Cassidy, NevM York. H 147-pound class—William Clarke, adelphia. H 160-pound class—Sam Lagonia, New® York. ■ New Swim Mark ■ NEW YORK. July 15.—Miss Etheldzß Blelbtrcy of New York, Wednesday® made anew- world's swimming record 4:34 1-7 in the 300-meter swim fori women In the finals of the Olympic try- I outs at Manhattan Beach. 8 The former world’s record of 4:43, I held by Frances Cowells Schrotb of Ran ■ Francisco, was broken by Miss Bleiblrey ■ In her trial heat also, In 4:40 1-5.