Indianapolis Times, Volume 33, Number 71, Indianapolis, Marion County, 2 August 1920 — Page 10
10
SELLING WAVE FORCES DECLINE Heaviest Losses Sustained in Steel Group.
NEW YORK, Aug. 2.—A ware of gelling came Into the stock market during the early afternoon today, forcing losses of from 1 to over 6 points In the principal issues. The continued advance of the bolßhevik forces into Poland was considered as a factor in hammering down prices. The heaviest losses were sustained In the steel group. The railroad shares, after their response to the announcement of the rate increases, sold off from 1 to 2 points from the early high levels. Steel common declined to anew low record for the year of 86%, a loss of 2% from the opening. Vanadium Steel dropped 6 points to 68 and Baldwin Locomotive 4 points to 109. The Industrial list was carried forward l>y the advance in the rails at the start, but sold ofT Bharply immediately after. Steel common gained 1 point to 89. but quickly lost this upturn. Baldwin locomotive. after selling up 2% to 113. dropped to 111% and Republic Steel after its advance of 1 point to 86 slnmped to 83%. i United States Rubber was in supply and after selling up 1% to 89, yielded to 55%. Studebakcr advanced 1% to 66% with a quick decline to 64%. Mexican Petroleum rose one point to 181. and 'ben sold off to 179%. Pan-American Petroleum rose 1% to 97%. but soon lost this gain. Advances cf over two points were male by International Paper and Barrett Company. The stock market was full of action all through the forenoon, but activity was at the expense of values. Vanadium dropped six points to 68, but later rallied to 73%. Sieel common after selling at SO, yielded to 87% and then advanced to 88. The railroads moved within moderate limit. Studebaker was one cf the weak features. opening at 66% and dropping to 33%, followed by a rally of one point, snd U. S. Rubber, after opening at .80. dropped to 84%. Reading was steadily bought by strong interests, and although it reacted from 91% to 89%, it quickly rallied to above 90. New Haven was bought in large blocks by strong interests. Mexican Petroleum sold ofT from 181 to 176 and Pan-American Petroleum reacted from 97% to 93%. The bond market showed pronounced strength, advancing from 1 to over 2 points. Tne stock market continued to show a heavy tone in the late afternoon. Steel common sold down to S6 1 ,, passing the lowest price of 191S, at 86%, hnd other steel industrials sustained severe losses on small offerings. Reading at times showed strength, but was quickly offered at concessions and after rallying to 89, dropped to 88%, a new low for the day. The break !n Vanadium during the forenoon was followed by a drive at stromberg, which sold at 71%. a loss of 9 points. American Beet Sugar showen a loss of over 3 points. Railroad sto' ks moved In the same manner, twit the decline In those issues were more moderate. This was immediately followed by what was apparently a concerted bear attack based on fear of international complications following the bolshevik raids into Poland and the announcement of the bolshevik armistice terms which were considered as menacing to world peace. These hear raids gathered strength nnd were said to have been led by big operators. They hammered stocks right up to the close nnd, with one or two exceptions, stocks showed practically no resitance to the attack. All domestic news was favorable to a bull market. Including easy money and very favorable crop reports with a big improvement in the condition of cotton. Close: U. 8. Steel 85%. off 2%; Re public Steel 81%, off 3% : Vanadlaum 69%. off 6%; Baldwin 105%. off 4%: American Locomotive off 1; Studebaker 63. off 2% ; ,V. S. Steel 83%, off 3%; General Motors, 21. The stock market closed weak today. Government bonds were unchanged and railroad and other bonds were strong.
MOTOK SECURITIES. (By Thomson & McKinnon.) —Aug. 2 —Opening— Bid. A*k. Briscoe 39 43 Chalmers com 5 5 Packard coni 17 IS Packard pf<l 88 8s Chevrolet 3nt) 500 Peerless 55 37 Continental Motors c0m.... ft 9% Continental Motors pfd ft." 98% Hupp com 14% 14% Hupp pfd 88 101 Keo Motor Car 22 2214 Elgin Motors 8% ft Grant Motors 13 14 Ford of Canada 355 308 National Motors ft si, Federal True!: 32 35 Republic Truck 20 27 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —Aug. 2 —Opening— Bid. Ask. Anglo-American Oil 20 21 x Atlantic Refining 1150 1200 Borne-Scrymser 450 400 Buckeey Pipe Line 85 87' Cbesabrough Mfg. Con 220 230 Colonial Oil 100 105 Continental Oil, Colorado... 115 125 CVsden Oil and Gas 6% 7% Crescent Pipe Line 27 2ft Cumberland Pipe Line 140 150 Elk Basin Pete 7% 7% Eureka Pipe ILne 98 101 Galena-Signal Oil, pfd (new) 88 03 Galena-Signal Oil, com 42 45 Illinois Pipe Line 154 158 Indiana Pipe Line 85 87 Merrill Oil 14% 15% Midwest Oil 1% 2 Midwest Refining 100 154 National Transit 15 18 New York Transit 160 170 Northern Pipe Line 92 97 Ohio Oil 280 285 P. & R 6% 0% Penn.-Mex 40 44 Prairie till and Gas 560 570 Prairie Pipe Line 193 198 Sapulpa Refining 5% 5% Soiar Refining 350 370 Southern Pipe Line 125 130 Sooth Penn. Ol 1 265 270 Southwest Penn. Pipe Line. 64 68 Standard Oil Cos. of Cal 305 309 Standard Oil Cos. of 1nd.... 650 600 Standard Oil Cos. of Kas 620 640 Standard Oil Cos. of Ky 365 375 Standard Oil Cos. of Neb 425 450 Stain.ard Oil Cos. of N. V.... 370 375 Standard till Cos. of 0hi0.... 435 460 Swan & Finch . 65 80 Union Tank Line 115 120 Vacuum Oil 372 375 Washington Oil 27 33
NEW YORK Cl KB. (By Thompson & McKinnon.) —Aug. 2. Bid. Ask. Aetna Exp 100 116 Anglo Am. Oil 22 23% Boone Oil 7% % Boston & Wyo. Oil 1 l 1-16 Candelaria % 5-16 Car Light 1% % Consolidated Copper 2 % Cosdeu Oil 6% 7 Cosilen OH (new) % ... Gilliland 53 58 Glen rock Oil 2% % Heel a 4 1-16 Indiana Pipe 87 90 Inter. Pete 32 33 Merritt Oil 14% % Midwest Oil 114 314 Midwest Ref 14!) 151 North American Pulp 6% % Ohio Oil 277 279 Prairie Oil 565 570 Salt Creek 33% 35 Submarine Boat 10% 12 SL O. New York 268 372 8. O. California 307 315 S. O. Indiana 665 675 Tono. Divide 1% % Touo. Ex 1% % Union Tank 112 116 Cnited Picture 1% % T'. S. Steamship 1% 2% Victoria Oil 1% 1% White 18% 19% NEW YORK METAL MARKET. NEW YORK, Aug. 2.—Copper—Dull; •pot offered at lftc;-August offered at i ,c; September and'October offered at 19%c. I**ad—Firm; spot to October offered at 9.20 c. Spelter—Quiet; spot, 7.00 c bid; August and September. [email protected]; October and November, 7.05®7.85c.
Indianapolis Securities
—July 31STOCKS. Ind. Ry. & Light c0m...... 55 Ind. Ry. & Light pfd 95 Indpls. & Northwest pfd 75 Ind pis. & Southeast pfd 75 Indpls. 6t. Railway 53 60 T. H., I. & E. com 1% 5 T. H., I. &E. pfd 9% 16 X. H., T. & L. pfd 55 U. T. of Ind. com 1 U. T. of Ind. Ist pfd 10 U. T. of Ind. 2d pfd 2 Miscellaneous— Advance-Kumely, com ... Advance-Rumelv pfd Amer. Central Life 235 Amer. Creosoting pfd 93 Belt Railroad com 72 82 Belt Railroad pfd 47Vi ••• Century Building pfd Cities Service com 304 310 Cities Service pfd <55 Vi 66% Citizens Gas 29 Vi 35 Dodge Mfg. pfd 99 Home Brewing 55 Indiana Hotel 60 Indiana Hotel pfd 90 Ind. National Lite 4% Ind. Title Guaranty .. 59 69 Indiana Pipe Line Indpls. Abattoir pfd 48 51 Indianapolis Gas 48 54 ludpls. Tel. com 3 Indpls. Tei. pfd 8 Mer. Pub. Util, pfd 43 National Motor 10 16 Public Savings 2% ... Rauh Fem’zer pfd 40 Standard Oil of Indiana Sterling Fire Insurance BVi 9% Van Camp Hdw. pfd 95 Van Camp Pack, pfd 95 Van Camp Prod. Ist pfd 95 Van Camp Prod. 2d pfd 90 Vandalia Coal com 5 Vauclalia Coal pfd 10 Wabash Ity. com 7Vi ... Wabash Ry. prd -23 Banks and Trust Companies— Aetna Trust 100 Bankers Trust 118 City Trust 82 Commercial National 64 Continental National 112 Farmers Trust 200 Fidelity Trust 120 Fletcher American National. 257 Fletcher Sav. & Trust 163 Indiana National 225 292 Indiana .Trust 195 Live Stock Exchange 400 ... Merchants National 275 National City 112 120 People's State. 176 Security Trust..'. 120 State Savings and Trust.... 88% ... Union Trust 340 370 Wash. Bank & Tru5t........ 145 BOXDS. Broad Ripple 5s 46 Citizens St. Ry. 5s 72% 80 Ind. Coke A Gas Cos. 6s 87 Ind. Creek Coal &. Min. 05... 98 Ind. Union Traction Indpls. A Colum. South. 55.. 88 Indpls. & Greenfield 5s 90 Indpls. A Martinsville 55... 59 ... Indpls. A North 5s 35% 40 Indpls. A Northwest. 55.... 49 59 Indpls. A Southeast. 5s 54 Indpls., Shelby. & S. E. 5s 95 Indpls. St. Ry. 4s 56% 62% Indpls. Trac. A Ter. 5s 65 Kokomo, Marion A West.... 80% 83% T. H., I. A E. 5s 49 5f Union Traction of Ind. 55... 49 V) Citizens Gas Cos 73% 79 Ind. Hotel 2d 6s Ind. Gas 5s 72 80 Indpls. 1.. A H. 5s 75 82 Indpls. Water 5s 88 92 Indpls. Water 4%s 71 80 M. H. A L. ref. 5s 87 9<J New Tel. Ist 6s 94 New Tel. Long Dist. 5s 93% ... South. Ind. Power 6s 86 LIBERTY BONDS. Liberty 3%s 90.02 91.10 Liberty first 4s 85.60 Liberty second 4s 84.50 Mherfy first 4%s 85.56 8^.96 Liberty second 4%s 84.70 85J0 Liberty third 4%s 88.70 89.06 liberty fourth 4%s 85.06 85.36 Victory 3%s 95.58 96.98 Victory 4%s 95.68 96.00 NEW YORK. Aug. 2.—Liberty bond quotations: First 3%5, 91.04; second 4s, 84.50; first 4%5, 85.80; second 4%5. 84.66; third 4%5, 8874; fourth 4%5. 85.16; Victory 3%5. 95.72; Victory 4%5, 95.68.
Money and Exchange
Indianapolis bank clearings Tuesday were $3,501,000, against $5,604,000 a week ago. NEW YORK, Aug. 2.—Foreign exchange opened lower. Demand sterling, $3.72%, off %c; franc demand. .0765, off .0002; lire demand, .0523; marks, demand, .0232. The foreign exchange quotations continued easy at the close. Sterling ense<! off to 3.70%; franc* showed a loss of .0008 and lire of .0007, and marks .OOOs. Canadian dollars were also easier at .8895. NEW YORK. Aug. 2.—Commercial bar sliver today; Domestic, unchanged, 99%c; foreign, unchanged at 93%c. NEW YORK, Aug. 2. The sub-treasury lost $292,000 to the hanks on Saturday, making a cash net loss since Friday of $573,000.
Terse Market Notes
NEW YORK, Aug. 2.—The interstate commerce commission grants practically all of the rate advances that were asked by carriers. Eastern freight rates are already up 40 per cent. Southern rates are up 25 per cent and western rates. 35 per cent. Increased rates will increase annual net revenue of the carriers’ approximately ?1.500,000,0(0 French authorities deny there Is any basis for talk of possible acquisition of the tobacco monopoly In France by Whelan interests. It was reported at noon that the Russian soviet army was within seventyfive miles of Warsaw, and that the red army had been ordered to capture the Polish capital before any armistice parley. Cotton —There were thunderstorms In Tennessee yesterday, but generally fair weather elsewhere In the cotton region. WHOLESALE PRODUCE. Eggs—Fresh, loss off, 44c. Poultry—Fowls, 30c; brol'ers, 1% to 2 lbs, 40c; cocks, 17c: old tom turkeys, 30c; young tom turkeys. 12 lbs and up, 35c; young hen turkeys, lbs and up, 35c; cull thin turkeys not wanted; ducks, 4 lbs and up. 20c; ducks, under 4 lbs, 17c; young ducks, 25c; geese, 10 lbs and up, 16c; young geese, 22c; squabs, 11 lbs to doxen, $0.50. Butter —Clean packing stock, 36- lb; fresh creamery butter In prints !s selling at wholesale at 52®61c; in tubs, 58c. Butterfat—Buyers are paying 57®59e for cream delivered at Indianapolis. Cheese (Jobbers’ selUng prices) Brick, 30®32e lb; New York cream, 35c; Wisconsin full cream, 29®32e; long horns, 30@32c; llmburger, 33%@36e; Swiss, domestic, Go@6sc; imported, sl. CHICAGO PRODUCE. CHICAGO, Aug. 2.—Butter—Receipts, 12,687 tubs; creamery extra. 58c; extra firsts, 47%®!5%c; firsts, seconds, 43®47c; packing stock, 3440 c. F.ggs—Receipts, 11.065 cases; ordinary firsts, 42(543c; firsts, 46@47c; extras, 44@46e; rhecks, 30®!35e; dirties, 35®3Se. Cheese (twins), new, 23%@24c; Daisies. 24(5)24%e; Young Americas, 25%c; Long Horns, 25%e zrlck, 25@25%c. Live poultry—Turkeys, 40c; chickens, 31c; springs, broilers, 38@40e; roosters, 23c; geese, 20®250; ducks, 26c. Potatoes—Receipts, 43 cars; Eastern Cobblers, per bbl.. [email protected]; Kansas. Missouri and Early Ohios, per cwt.. [email protected]. CLEVELAND PRODUCE. CLEVELAND, Aug. 2.~Butter—Extra in tub lots, 59®59%c; prints. 60®60%c; extra firsts, 57®58c; firsts, 56%®57%c; seconds, 53®54c; packing, 32@34c. Eggs —Fresh gathered northern Ohio extras, 53c; extra firsts, 50c; firsts, new’ cases, 40c; old cases, 48c; western firsts, new cases, 45c. Live poultry—Good fowls, 36c; broilers weighing 1 to 1% lbs, 35® 40c; 1% to 2 lhs, 45c; old roosters, 20@21c; spring ducks, 38@40c. LOCAL HIDE MARKET. Green hides —No. 1,15 c; No. 2,14 c; Green calves—Np. 1,15 c; No. 2, 20%.\ Horae hides—No. $7; No. 2, $6. Cured hide*—No. 1. 2. 16c. CORN MEAL AM> FLOWER. Corn meal, cwt, $ 4.90 E-Z bake baker^Hll&®g&fl^Ll4.7o
CATTLE PRICES ON BIG SLUMP Hog Market Shows DeclineCalves Go Down. RANGE OF HOG PRICES. Good Good Good. Julv Mixed. Heavy. Llghr. 26. $16.00©>16.25 $15.75016.00 $16.25016.35 j 27. 15.25 015.50 14.75015.25 15.75 28. 15.50015.75 15.00015.50 16.00016.25 j 20. 15.50015.75 15.00015.50 16.00016.25 30. 15.75 016.00 15.25015.75 16.25016.50 31. 15.50016.00 15.00015.50 16.00016.25 Aug. • _ _ _ „_ 2. 15.25015.75 [email protected] 15.50016.2a The opening hour on the hog market saw a large range of prlees, but spontaneous bidding finally stopped and the 1 rices ranged from steady to 25c lower. The receipts approximated 0.000, with approximately 1,700 left over from Saturday. Local packers, who bought approximately half of the receipts quoted prlees ranging from *15.25 to $lO, while a few lots of best lights brought as high ns Sit!.2s. The bulk of sales ranged between $17.75 aud $10.15. , Shippers also bought heavily, but t was the opinion of most of the big buyers that there would be a large holdover for tomorrow. A lack of many good cattle and slow buvlng brought cattle prlees down 50e to sl, she stuff figuring mostly In the big drop. There were but very few good steers and few of them brought any ways near the priee level of Saturday, some selling ainund sl6. There were approximately 1,500 cattle on the market, with between 150 aud 200 left over from Saturday. There was a drop In the prices of i calves from 50c to sl, with the bulk of sales $lO and sl6, while a few tops brought as high as sl7. Receipts for the ' day approximated 600. The sheep market held steady with receipts at 400. HOGS. Rest light hogs, 160 to 200 lba average 15.50® 16.25 250 to 500 lbs. average 15.00®15.50 Over 300 lbs. average 13.75®15.00 Sows 15.00® 15.75 Best pigs, under 140 lbs 12.00® 13.25 Bulk of sales 15.75® 16.15 CATTLE. Prime eornfed steers, 1.3U0 lbs and up 15.50® 16.00 Good to choice steers. 1.200 to 1.300 lbs 13.50® 15.00 Good to choice steers. 1.100 to 1,200 lbs 11.50Q13.60 Good to choice steers. 1.000 to 1,100 lbs 10.00® 12.90 Cold mon to 111 u‘ulu ftterrs, 000 to 1,000 lbs 8.50® 10.50 --Heifers uud Cows— Good to choice heifers 10.50®13.00 Medium heifers 10.00®11.00 Common to medium heifers... 7,Ou® 10.00 Choice Cows 0 50® 11.00 Good to choice "ews MS)® 0.00 Fair to medium e:;ws 7.00® S.oO Cauners 5.50® 6-50 Cutters 3.25® 0.50 -BullaGood to choice butcher bulla.. 5.75® *.75 Bologna bulls 8.50® COO Light common bulls 4.50® 7.00 —Calves — Choice veals 1000®17.00 Good veals 15.00® 10 o>t Medium veals 12.25® 14.00 Lightweight veals KoO® 12.25 —Stockers and Feeders Good to Choice steers, St> lbs, and up O.oo® 10.00 Good to choice steers, under *OO lbs 8 oo® '.(.00 Medium to good cows 5.50® led Goods cows ...• o.oo® 7.00 Good he.fers 7.00® 8.00 Medium to good heifers 7.75® *.25 Good milkers 50.00® 123.0 Medium miikcra OU.OU®I*>J.OU Stock calves 250 to 450 1b5.... 7.uo<slo 00 SHEEP AND LAMBS. Good to choice sheep 5.0 1 '® 6.00 I'atr to good steep 3.54® 5.0® Common to medium sheep ... 2.50® 3.50 Bucks 2.50® 4.50 Lambs— Common to choice yearlings. 6.00® 8.00 tiood to choice clipped 3.00® 7.00 Spring iambs b.0u®13.00
Other Live Stock
CHICAGO. Aug. 2. Hogs--He<e!p:s. heMer grades and light butchers *eady, others 10®l5c lower, bulk, $13.6) (tiJ6; top, $16.15; heavyweight, $14,108: 1565; medium, $)4.75® 16.15; light, $15.23 ® 16.13; light l'ghts. $1.5.i 15,5. heavy packing sows, smooth, SI.Y.V)'<( 14 ; pack log sows, rough, sl.'ftjt 13 50; pigs, SI4H 15.35. Cattle —Receipts, 19.000; market steady to 25c b wer; beef ote-r\ medium and heavy, sl6 25® 17 25; medium anl j good, $12.50®16 25; light weight. sl4.;'. (((16.75; common and medium, s9® 14.50; hetfers, s6® 14.75. cows, ss® 12; bull*. $6 (((11.75; cannera and cutters, $3.7S'-i*’.; canner steers. $3.50® 7.25; veal calves. sls ® 16.25; feeder steers, sß® 11.50; sto. ker steers, $6 25® 9.75: stocker rows and he It etc., ss®ftso. .Sheep Receipts, 21.00; iambs steady, sheep strong, down, sl2® 15.40; lambs, $7.30® 11.75; spring lambs, s9®l3; ewes $6 25®0: ewe*, culls nhi. common, s.l®6; breeding ewes, $6,50® 1C75; feeder lambs, sll7lo® 13. CINCINNATI. Aug. 2. Hugs—Receipts, 5,500: market slow- and steady to 25c low er: heavy, mixed and medium, $16.50; light*. sl6; pigs, $13.25; roughs, $13.75; stags, $9.50. Cattle Receipts, 2.500 ; tnsr ket very slow, uneven to lower; bulls, weak; calves, $17.50. Sheep and lambs- - Receipts, 4,000; market weak to 50c low er; sheep, $8.75; lambs, sl6; seconds, sll ® H. 50. CLEVELAND. Aug. 2. Hogs—Receipts, 4,500; market 25c lower; yorkers, $16.75; mixed, $16.75; medium, $16.75; pigs, $16.50; roughs, $12.50; stags, SB. Cattle —Receipts, 1,500; market 25c lower; good to choice steers, sl3® 15; good to choice heifers, s9®ll; good to choice cows, s7®B; fair to good cows. SG®7.SO; bulls, $18(5.50: milkers, s7®sso. Sheep and lamb*—Receipts, 1.500; mark® steady ; top, sls. Calves- Receipts, 1,500; market 50c lower; top, sl9. PITTSBURG, Aug. 2.— Cattle—Receipts. IK) loads; market steady; choice, $15.2551 15.75; good, $14#14.75; fair, $124*12.75; vail calves, slß® 18.50. Sheep and lambs -Receipts light; market lower; prime wethers. $94*9.50; good, [email protected]; fair mixed, $6.50®7; spring lambs, sl4® 14.50. Ilogs—Receipts, 30 doubles; market steady; prime heavies, sl6® 10.25; hemiums. [email protected]; heavy yorkers, $17.40® 17.55; light yorkers, $lO4/17: |. gs, sl6® 16.50; roughs, $12@14; stags, sß®9. EAST BUFFALO Aug. 2. Guttle - Receipts. 4.700; market for heavies active and steady, all others slow; prime steers, 35®500 up; shipping steers. sls®. 16; butcher grades. s9® 14.75: heifers, s9® 12; cows, s3® 10; bulls, $6®9.50; milch cows and springers. sso® 150. Calves Receipts. 240;; market active, WV lower; culls to choice, s6® 19. Sheep and lambs —Receipts. 2.400; market active; lambs. 25c tip; sheep steady; choice lambs, sls @15.23; culls, fair, $114(14.75; yearlings, sll @l2; sheep, ss® 10. Hogs—Receipts, ((,400; market slow’ and steady; yorkers, $17.25; pigs, $17.25; mixed, sl7® 17.25; heavies. $16.50® 16.75; roughs. sl2® 13; StHKB. sß® 10. EAST Sl'. LOUIS. Aug. 2.—Cattle—Receipts, 6.000: market steady; native beef steers, $1‘.:4f16; yearling beef steers and heifers. $10.75® 11.50; cows. $7(29.75: stoi-kers and feeders, .$8.50®!).75; choice veal calves. $15.50(015.75; i aimers and cutlers, $3.50®.®. Ilogs—Receipts, 8,000; market steady; mixed and butchers, sl6 @10.40; good heavies, *15.50® 16; rough heavies lights, $16.25® 16.40; pips, $13@10; bulk of sales, 5164/116.40. Sheep—Receipts, 6.000; market lower: ewes, muttons. $7.50®'8; lambs. $12.50® 13; ennners and cotters, [email protected]. WHOLESALE MEATH. Whole. . - are quoted by Indianapolis packers as follows: Hams—Regular, 14 to 16 lbs, 42%c; skinned, 8 to 10 IDs, 42c; fancy boiled’ 10 to 13 lbs. 65c. Bacon—Fancy breakfast; 5 to 7 lbs, 47c; fancy sliced, 1-lb carton, 57c; sugar cured, 4 to 6 lbs average. 40c. .Salt Meat —Dry salt Indiana butts, 16c. Lard —Refined, tierces basis 21.-; open kettle, tierces basts, 21%@22c. Fresh Uork—Spare ribs, 18%c; shoulder bones, 7%c; tenderloins, 00@64c; dressed hogs, 24%c. Beef—Steers, medium, 400 to 500 lbs, 21%e; No. 2 heifers, ?0c; native cows 18%@19%c; medium cows. 14@15c; loins, No. 2,29 c; No. 3,26 c; ribs, No. 2,39 c No. 3. ssc; rounds. No. 2,29 c; No. 327 c; chucks.'No. 2,15 c; No. 3,14 c; plate*, cow. No. 2 i2c; No. 3,19 c,
INDIANA DAILY TIMES, MONDAY, AUGUST 2,1920.
On Commission Row
TODAY’S PRICES. Apples—Baskets, [email protected]. Bananas—Pound, [email protected]. Cabbage—Home-grown, bbl, $1.50@2; lb, 2c. Beans—Michigan navy, in bags, per lb, B%@9c; California pimas, in sacks, 13® 14e; marrowfats, per lb, 14%@15c; green, fancy, home-grown, bushel, [email protected]. Beets—Fancy, Kentucky, per hamper, $1.23; home-grown, doz,'4oc. Blackberries—24-pint crate, $2.50@3; 24-qt crate, ss@6. Cantaloupe—Crate, standard, [email protected]; fiat, $2. Carrots—Home-grown, 30c per doz bunches. Celery—Michigan, 6 doz crate, $2.75® 3.25. Cherries—l6-qt case, $3.50®4. Cucumbers —Home-grown, doz, $1.25® 1.50. Currants —Home-grown, 25-qt basket, [email protected]. Grapefruit—Extra fancy Floridas, $5.50 @6.60 a box. Kale—Fancy home-grown, per lr, sl. Lemons—Extra fancy, California, $4.50 @5. Mangoes—Fancy basket, 50@05c. Melons—Honey Dew, crate, [email protected]. Oranges—Extra fancy Californlas, navels, $54(7; Valencias, $4.75@6. Onions—lndiana, 50-lb crate, [email protected]; hotne-growiv green, doz, 15@25c. Parsley—Famy home-grown, 35c doz; southern, $1 doz. Pears—California Bartlett, 48-lb crate, $4.50@5. Peas—Fancy Mississippi, per hamper, [email protected]; fancy Telephones, bu $4. Potatoes —Rose, per bbl, $14.50@15; Virginia and Kentucky Cobblers, bbl, [email protected]. Radishes Home-grown, button, doz bunches, 23@35e. Rhubarb- Home-grown, doz bunches, 35c. Tomatoes —Basket. $1.75@2. Huckleberries Home-grown, crate, $4,254(4.73. Sweet Potatoes —Alabama, bu, $3.50® 3.75. Peaches -Alabama, per crate, $4.50® 5.50; per bu. $34(6. Watermelons Georgia, small, 40@45c. Jtunbos. 60®90c. Plums—California blue, per crate, $3.50. Eggplant—Home-grown, per doz, s3® 3.50.
In the Cotton Markets
NEW YORK, Aug. 2.—Aside from heavy buying of October by one operator. the cotton market was under considerable pressure at the opening today and first prices were four to sixteen points lower. New Orleans and Liverpool led the selling, due to weakness In the stock article, further unfavorable mill and cotton goods news, bearish European political advices, good weather ami prospects of a bearish government report at 11(1011 Room traders covered at the decline and eventually rallied the list about ten points from the bottom Open High. Low. Close. October 31.00 31.90 30.94 31.73 December ... 30.00 30.83 29.75 30.70 January J9.<V> 30.12 29.00 30.00 March 28.*41 29.84 28.75 29.75 May 28.45 29.55 28.32 2952 WASHINGTON, Aug. 2.—The estimated condition of the cotton crop on July 25 was 74.1 per cent of normal, a* cofcpared with 70.7 on June 25, 67.1 on July 25, 1919, nnd 75.6. the average on July 25 for the last ten years, the agricultural department announced today. NEW ORLEANS. Aug 2. Cotton futures opened Irregular, 7 lower to 7 higher, the near months showing belter strength. Realizing sales carried prices downward lo to 53 points during the Initial trading, hut <>u heavy Nil ring, mupled with reassuring csbl-w, came in carrying quotations 42 to 115 points over the opening levels. The close was steady, net 44 to 94 points higher. Op*‘n. lilgn. low. (’lose. October 30.53 .30.’>5 30.00 50 73 December .... 29 45 .(0.29 2'*. 10 30. -n January 28.85 29.90 28.74 29.80 March ...... 2H.4.5 29.56 2m35 29.40 May 27.83 29.00 27.83 28.75
Weather
The following table shows the state of the weather at 7 a tn.. Aug 2. as observed by United State* weather bureau*: Bar. Temp. Meath. Indlanapoll*. Ind. . Sllfl Vi (tear Atlanta. Ga 2992 72 Cloudy Atnar!t!<>, Tex 3o.(rj 6*l Cloudy Bismarck. N. D 30.08 00 Ft*'ldy Boston, Masa 2ft 9o 68 Cloudy Chicago, ill 30 18 62 Clear Cincinnati, 0 30.12 60 Hear Cleveland, (> 30.12 58 Cloudy Denver, Col 30.0*t Go Cloudy Dodge City, Kaa .TO.titl m Cloudy Helena, Mont 29 96 60 (dear Jacksonville, Fla. ... 29.94 80 (dear Kansas City, Mo 30.12 6) Clear Louisville, Ky 30 12 60 Clear Little Rock, Ark. ... 3o*rj 70 I'tCldy Los Angeles, Cal, ... 29.94 72 Clear Mobile. Ala 2i* 92 78 Cle„ r New Orleans, La 29 90 HI Clear New York, X. Y 29 92 61 I’tCldy a 29.94 7o Cloudy Oklahoma" City 30.02 68 Cloudy Omaha, Neb 30.16 66 Clear Philadelphia. Pa. ... 29 96 06 le.-ir Pittsburg, P 30.08 56 Clear Portland, Ore 30.10 5s Clear Rapid city, 8. D 30.04 61 Clear Uosebnrg, Ore 30.10 31 Clear San Antonio, Tex 29.92 76 PtCld.v San Francisco, Cal... 29.96 53 Cloudy St- Louis, Mo 30.12 66 Clear St. Paul. Minn 30 18 58 Clear Tampa, Fla 29.96 78 Cloudy Washington, I). ('.... 29 98 64 Cloudy WEATHER CONDITIONS. Klnee Sunday morning showers have occurred In tile Atlantic slates and at some points In the gulf, middle plains and Rocky Mountain regions, while on Saturday showers fell at many place* In the middle Mississippi and Ohio valleys. The northwestern field of high pressure Is now advancing southeastward across (he north central states, accompanied by cooler weather in Its front. The temperatures, however, are rising again over the far northwest, due to an extensive depression extending from that region southward over the western plateau. ,1. 11. ARMINGTON. Meteorologist Weather Bureau. CORN AND WHEAT BULLETIN. For the 24 hoiiT* ending at 7 a. m., 90th meridian time, Monday, Aug. 2: icm per- . j atnre, Station* of (Jo? g" Indianapolis tS —— m fc; - “ District % I 1 3* = os South Bend |72| 44 | (> | Good Ft. Wayne |7o| 58 j 0 j Wheat field j7s| 42 j 0 j Good Royal Center....| 72 |44 j O j Good Marlon j74j 43 1 0 ] Good Lafayette |74 4ft 0 j Good Farmland j74| 43 o Good Indianapolis .... 72 j 52 0 | Good Cambridge City..! 75 i 44 0 j Good Terre Haute i 76 | 64 0 | Good Bloomington ....] 78 | 48 1 0 i Futr Columbus 1.. |.. j 0 Fair Vlnceuuos | 84 | 4ft ) 0 j Dusty Pnoll 189 I 5(1 j 0 j Fair Evausville [B2[ 50 j o | J H A RMI XCiTON", Meteorologist Weather Bureau. WHOLESALE feed PRICES. Ton Sacks; Cwt. Acme brand $59.25 $3.00 Acme feed 62.25 3.15 Acme middlings. 66.25 3.35 Acme dniry feed..... 78.25 3.95 10-y, dairy feed 69.25 3.50 Acme H. & M 84.25 4.25 C. O. & B. chop 70.25 3.55 Acme stock feed 70.00 3.55 Acme farm feed 72.25 3.65 Cracked corn 83.75 4.25 Acme chick feed... 83.25 4.20 Acme scratch 80.25 4.05 K Z scratch 69.25 3.50 A -me dry mash, .' 80.25 4.05 Acme hog feed 80.00 4.05 i. iue barleycorn 83.25 4.20 Ground barley 84.75 4.30 Ground oats 85.75 4.35 Homltk white 80.75 4.10 Rolled bnrluy 84.75 4.30 Alfalfa mol 73.00 3.70 Cotton seed meal 80.00 4.05 Kafir corn meal 68.25 3.45 GRAINS. Shelled corn, small lots $ 2.05 Shelled corn, large lots 2.04 Shelled corn, bu sacks 2.14 Oats, 3 bu sacks 1.34 Oats, bulk, large 1.28 Oats, less than 100 bu 1.29 Chicken wheat, cwt, sacked 4.50
GRAIN FUTURES CLOSE HIGHER Canadian and Western Districts Suffer Drought. CHICAGO, Aug. 2.—A1l grain futures closed higher today largely as the result of short covering and bullish weather reports. Canadian and central west wheat districts deported the grain suffering severely from drought. Corn and oats followed the upward trend In wheat.. Provisions were lower on a slow hog market. December wheat opened at $2.08, oft 2%c, from Saturday's close. It quickly rallied, however, reaching a high mark of $2.15 and closing at $2.13%.. March delivery was off 5 cents at the opening at $2.08*4, but later went to $2.17*4 and was quoted at $2.15 when trading ceased. In the corn futures, September opened at $1.3414, down ‘%e. It reacted to $1.38*,4, closing at $1.37*4. December, after opening at $1.20%, %c lower, went to $1.23%, closing at $1.22%. September oats opened at s6'4c, down ■%c, reached 60%c and closed at 09%c. December started at 67%c, off %c, went to 69%c and closed at 68%c. (By Thomson & McKinnon.) —Aug. 2 Wheat—Despite the pronounced decline in wheat value*, offerings of cash wheat from the country remains of goodly proportions. Seaboard reports as light revival of foreign demand mainly from Italy, whose requirements are estimated at around 110,000,000. There is a broadening of the interest In the market for future deliveries. Millers are inclined to watch developments closely. Private estimates of yields increase the winter wheat and at the same time reduce the spring wheat. More Influential trailers are promoted to anticipate a little rally In corn prices. This feeling is borne of the need of rain in Illinois, Indiana and Missouri. It is not possible to say that sentiment favors higher prices. The market may react to some extent in case the drought area widens, but the present outlook suggests a crop considerably above average requirements. It should also be remembered that the number of animals on the farms Is considered less than a year ago. In the event of any particular reaction In prices, sales appear to be logical. In <>nts, as In wheat, the price decline has not reduced offerings from the country. On the contrary, requests for bids and offers to sell are quite general. Estimates of yields have been considerably increased and private reports point to excelleut quality uml condition. Because of this, light weight oats in current arrivals are very slow sale, being quoted at l%c under September. Nothing has developed as yet to give this market any Individuality. The total crop is sufficiently large to more than supply all demands which may be made upon It. There is a little steadier feeling In tlie provision market, on the belief that liquidated holdings have passed into good hands and on the belief that the time of decreases in warehouse accumulations has arrived. It can not he said, however, that there Is any material broadening of the foreign outlet. CHICAGO GRAIN. —Aug. 2 WHEAT— Open. High. Low. Close. Dec 2.08 213 2.06*4 2.13V* March... 2.08% 2.17% 2.08 2.15 CORN— Sept 1,34® 1.38% 1.33% 1 37*, Dec 120's 1.23% 1.20% 122% OATS— Sept 7% *50% 67% '% Dec 67'j Gb'x 67% ,6-S PORK Sept,. . 2.20 2625 25.25 23.25 Oct 26.50 2*1.00 25.90 26.30 LARD— Sept..,. H 37 18.50 18 15 18.20 Oct 18.70 IS O 1.8.50 18.57 RIBS— Sept 15.pn 15.90 15,60 15 60 Oct 16.02 16 07 15.87 15 87 CHICAGO CASH GRAIN*. CHICAGO. Aug. 2.- Wheat So. 2 red. *2 22® 2.23; No 3 rd $2,191/2 20; No 1 hard winter, $2 19®2.20; No. 2 hard winter $2.23®2.31%: No. 1 northern spring, $2.40; No 2 northern spring $2 30; No. I mixed $2 20® 2.22 Corn No. 1 mixed. *144) No 2 mixed $1,404*1.41%: No. 3 mixed sl.3B%<itl 39%; No. 3 ntlxe I. $1.55% ® 136; No. 1 yellow, $1.40® 1.42; No. 3 yellow, $1.4n%l 40% ; spring, $1 25® lsi Oats No, i mixed, TZe ; No. l white 73%c; No. 2 white, 72%®74e: No. 3 white. 67'<f71%c; No. 4 white, 67®70c; standard. 58®*VSc. TOLEDO CASH GRAIN. TOLEDO, Aug. 2. Wheat —Cash, *2.28. Corn No 2 yellow, $1 .3**. O ts No. 2 white, 78®79\ Itye No. 2. $1.64. itarleT No. 2, *l. iloversced 1 "ash, $25 8.3; October. $20.50; He ember. $19.05; March. sl9 35. Timothy • 1017 and 19181, $1 40; 119Ui $4 15; September. $150: October and December, 4.40; March. $4.60. Alsike Cash. October and December, s2l; March $21.35. Butter, 61c; eggs, 53c. Hay, $2.30.
PRIMARY MARKETS. (By Thomson A McKinnon.) Aug 2 Wheat Corn Oats Chleago 40,000 194.000 197 000 Milwaukee ... 5.000 57.000 99,000 Minneapolis . 514 (too 28.000 59.000 Duluth 60 000 St Louis 436(100 69,000 150.000 Toledo 69 000 150 000 15.000 Detroit 31 000 3.000 4 000 Kansas City. 609 000 30.000 31,000 Peoria 82.000 fts 00*1 98.000 Omaha 244.000 28.000 40IMIO Indianapolis.. 83.000 55,000 52.000 Totals 2.300f00 566.000 742,000 Year ago ..4.346,(00 361.000 1.468,(Hki - ShipmentsM’heat Corn Oats Chleago 94000 120.000 216.000 Milwaukee . 94000 120 000 216.000 Minneapolis . 135 000 25.000 37,000 Duluth 239 o**l St. Louis 1.82,000 18.000 16.000 Toledo 1.000 1,000 Kansas City. 310.000 13.000 10.000 Peoria 26.000 ls.0(Hl 27.0(H) Omaha 255.000 73.000 Ul.ooo Indianapolis.. 23,000 13.000 Totals 1,340,000 194.000 3*1,000 Year ago ..1,893.000 349.000 -198,000 Clearances Dom. W. Corn. Oats. New York 221,000 Philadelphia.. 185.000 Baltimore ... 308.000 Galveston ... 564,000 Totals .....1.057.000 221.000 Year ngo ..1,077,000 20,000 40,000 IN DIANA I*ol.lß CASH GRAIN. Aug. 2 Bids for cur lots of grain and hay at tho call "f the Indianapolis Hoard of Trade were: Wheat Weak; through billed, track, No. 2 red, $2.26%. Corn Strong; No. 5 white, $1.46; No. ?. yellow, $416%; No. 6 yellow, $1.41%® 1.42. Oats—Steady to easier; No. 2 white, 79%@80%c; No 3 white, 75%@S0%<\ llay—Steady; No. 1 timothy. $33.50® 34: No. 2 timothy. $32.50@33; No. 1 llgut dover mixed, $32.50® 33; No. 1 clover mixed. S32®CCJ.fiO; new timothy. $26.50® 27; new light clover, [email protected]. -Inspections—lVheat—No. 1 red, 17 cars; No. 2 red. 36 cars; No. 3 red, 18 cars; No. 4 red. 10 cars; No. 5 red, I car; No. 1 hard, 13 cars; No. 2 hard, 2 curs; total, 9 cars. Corn —No. t white. (5 cars; No. 2 white. 11 cars; sample white, 2 cars; No. I yellow, 9 cars; No. 2 yellow. 3 ears; No. 3 yellow, 1 car; No. 6 yellow, 3 cars; sample yellow, 2 cars; No, 2 mixed, 4 cars; No. 3 mixed, 1 car; sample mixed, 1 ear; total, 43 cars. Oats—No. I white, 4 cars; No. 2 white. 17 cars; No. 3 white, 9 cars; No, 4 white, 1 car; sample white, 2 cars; No. 4 mixed, 1 car; total, 34 ears. Rye—No. 1, l car. Hay—No. 1 prnlrle, 1 car. HAY MARKET. The following are the Indianapolis prices of hay by the wagon load; Hay—Loose timothy. $32@34 a ton; mixed, s9@3l; baled, $356(37. Corn—sl GO® 470. Onts--95e®$l a bn. Straw—Wheat, sß@9 a ton. WAGON WHEAT. Indianapolis flour mills and elevators are paying $2.80 for No. 1 red wheat, $2.24 for No. 2 red and $2.27 for No. 3 red. Other grades according to quality. *
Typo Nines Resume Play in Big Meet; Chicago Hits Ball ST. PAUL, Aug. 2.—Play was resumed in the l'ndon Prlntera* National league here today after two days of competition. The tourney will continue through Friday. Eleven cities. Including Indianapolis, are represented. In the games Sunday the Chicago champions swamped New York, 15 to 2, and St. Paul trounced Pittsburg, 10 to 5. Chicago hit three pitchers hard. With, the exception, of the second Inning Paul outplayed and outbatted Plttsurg. On Saturday, Cincinnati beat Cleveland, 8 to 4. The Cleveland team outt Cincinnati, but could not bunch its; • in the pinches. Chicago 22 0 06212 0-15 15 0 New York ... 00000 010 1 — 2 610 Batteries—Sahiberg, Burns and Coverlick ; Bailey, O’Brien, Riley and Welgand, Miller. St. Paul 00411400 o—lo 9 4 Pittsburg 040000100—5 6 5 Batteries—Klutz, YonDrasek and P. Thlesnes; Brezler, Siegel and Burger. Cincinnati 000 0 33 1 0 I—B 12 0 Cleveland 000 4) 0202 o—4 13 3 Batteries—Pfaff and Hochter; Bennett and Roth. Spills Occur in Race Feature at Edinburg EDINBURG, Ind., Ang. 2.—The three; auto races on the program here Satnrday brought out a capacity crowd. Bill Hunt, driving a Crnlg-Hunt Special, was the big winner of the meet, taking first in the second ten-mile event and landing the honors In the twenty-five-mlle contest. In the second ten-mile event there were only two car; to finish because of a bad spill which slightly injured Arrnand Rankin and liis mechanician. In this event, "Doc'' Oldam, driving a Maxwell, broke down on one of the turns. Rankin, not seeing the stopped car, crashed into the machine, turning both speed wagons entirely over. Kciser, driving a Chevrolet, crushed into the wreckage and was forced to retire from the contest. In the twenty-fivc-miie race Fred Clemons went through the fence on the same turn of the accident in the previous race. His cur crashed ,nto the wreckage of the other cars, Clemons and hts mechanician being slightly injured. 19 Races on Big Line Week’s Card at Toledo TOLEDO, Aug. 2.—Toledo's second Grand Circuit harness racing of the 1920 season was carded to open today on the Ft. Miami track. There will he racing five days, with Saturday reserved for postponement. The feature of the meeting is the freefor all pace on Tuesday, when Single G, Sanardo and others are exuected to com pett- fur the purse of 51,200. Ihe opening day's program consisted of the 2:18 trot, the 2:08 pace aud the 2:12 pace each for a purse of SI,BOO, and the 2:09 Elks club stake trot for $5 000. Nineteen races are on the program for the week, with 348 horses named in the various events. Frank Walker of New York City will act as starter.
AMATEURS
Manager Massing of the Indianapolis Tigers today was doing some tall thinking about bow his Tigers lost tbelr battle. or scheduled battle, with the Indianapolis Trojans t Garfield park yesterday afternoon. The Tigers couldn't do mu-di and the Trojans could do everything, whirls resulted in a win that was something like a walk away for Manager Owen anil his followers. Some say the count was 8 to t>, some say It was 8 to 1. John Brown started on the hill for the Tigers, hut was Jerked in the sixth to make room for Wernke. who held the Trojans scoreless for the last three rounds. The next big battle on the Tiger card !s w.th the ltupps at Garfield one week from Sunday. Rupp Juniors enjoyed the feeling of throwing two defeats at the Meldon iiil> at Riverside diamond No. 7 yesterday. ’’Happy'' McGrail twirled the flr-it game for the ltupps and allowed the Meldona four hits ami as many runa. while the Rupps were registering sixteen. Ayers passed nut three hits in the second game, whi'b went orcr tbo 14-to-4 route. The Boys’ ('mb (Mbs defeated the Oliver Midgets, 5 to 3. in a Junior league guino. The Indianapolis Specials let Brownburg put over a 5 to-2 win at Brownsburg. Ttie Mariuon- Premier Motor league battle was postponed on account of rain Miturday. as were most of the Saturday afternoon games, but probably w'U be played one week from Wednesday at the J’remb-r diamond All other Motor league games were off. Logadan's hotner with two on in the seventh brought the Oaks up to a tie with the Udells in the seventh and they topped In the tenth. Citizens Gas scored a 10 to 3 Tletory over th*> l'ostoftire before rain knocked them off in the seventh Inning. Hollenbeck forfeited to the Bemls Bags. llolcomb &llloke got away with everything and scored on easy win over the Rockwood manufacturers. ltaln also halted the Morris StreetEast Tenth game after seven Innings. Morris Street, won. 3 to 1. All games postponed Saturday will be played one week from Saturday or sometime during next week. But to give Manager Massing and bis Tigers some credit, it must be said that Johnny Ganlema and a few other boys who are seldom seen In Trojan uniforms, were umong those who defeated the Tigers.
Times, 4; Willards, 3
“Hank” Stevens took up the hurling job for Tho Dally Time* team In the absence of John Martin, who was sick, nnd tossed a good game yesterday afternoon at 1 nlrview, holding the M'illards to four hits nnd enabling the newspaper representatives to nose out the fast east alders b.v a score of 4 to 3. Newltt, pitching for the Millards, chucked a good game, keeping Times hits well scattered, ami hut for a couple of bad infield errors by his teammate* might have been returned winner. Harold Caldwell, nlivT being out of the game because of Injuries, was again behind the bat for The Times and performed in league style. Harry Escol at short played a brilliant game. Two double play* were staged by the newspaper representatives —Stevens to Seidenstleker to Middlesworth, ami Escol to Mlddleswortli. Perry Payne, a University of California pitcher, lias joined The T’mcs team, working in tlie outfield yesterday, tie will soon take bis turn In the box. Score by tunings: R. 11. E. Daily Times .. 0 0 0 0 0 1 S 0 * —l 11 4 Willards 0020000 0 I—3 4 2 National Rifle Match CAMP PERRY, 0., Aug. 2.—Sixty-two rifle teams have been entered in the small arms firing competition, which was scheduled to open hero today for the members of civilian rifle teams who have never participated in a national match. Up to this time sixty-nine teams have been entered for the national matches, which open Aug. 12. It Is expected that every state In the union will be represented. GUN CLUB RESULTS. Mollcr, xvltb ninety-six broken targets out of a possible 100. won top konors In the weekly shoot at the Indianapolis Gun club Saturday. Next in line were Harry Stuts and M’lgglns, tied for second, each breaking ninety-five birds. Haddath followed with ninety-four broken targets. Haddath broke twenty-four out of a possible twenty-five, and took first In the shoot at a distance of fifty feet. Holliday, by breaking ninety-eight birds, was high professional in the shoot.
GARLACH WINS TIMES TROPHY IN FAST RACE
(Continued From Pago Eight.) front of Price, just before the trio crossed the tape. Peter Van Opdurp and C. J. Byers of Grand Rapids, Mich., were awarded silver and bronze medals, donated by the cycle trade directorate, for finishing fourth and fifth on the time list. special awards FOR MICHIGANDERS. „ The Michigan team, composed of Van Opdurp, Byers and Schneider, was also honored with special medal awards by the cycle trade directorate through the judgment of Representative Farwell, for their excellent work as a team and the spirit of sportsmanship they showed throughout the race. Ted Garlach, winner of the event, proved himself a rider of no mean ability. His handicap of three minutes w. s awarded because of his lack of experience in the racing game, but he showed long before the trip was completed that ne could have gone up and bid high for honors without this help. Garlach left the post at a good clip and traveled fast all the way. Thomas Loyal, cairylug a six-minu:e handicap, led for the first two laps, when he was overtaken by Claude liallenbaugh, who stayed out in front for seven trips around the course. GARLACH GOES OCT IN FRONT. Garlach went up to the lead position on the back stretch in the ninth lap and it looked as though (Vagner and his time rivals would catch Garlach on the home stretch in the last lap, but the local boy was there with just as much sprint stuff as the others and he went across with Wagner's front wheel at his pedal. The riders battled against a stiff btieze on the front stretch, which ran from Burdsal boulevard north on Parkview to Thirtieth street, and this served to cut down their speed considerably. If tiie day had been warmer and the breeze light It Is poss.ble Gsat the riders wou'd have camped right around the national record for fifteen miles. Park board officials and the police department co-operated with the race officials in every way possible and the event was staged without the usual crowding of the course and bad road difficulties. Only one accident resulted during the speedy going and that was in the eariy stage or the race. Leonard Kirk, one of the city's best pedal pushers, am. two other riders spilled on the back s’retch. Kirk was badly shaken up by the fall and was forced to leave the track.
TRISTATE NET TOURNEY OPENS
(Continued on Page Eight.) Hennessey defeated Westbrook, 6-2, 4-6, 7-5, and Bastion took Kirk down the line, 6-4, 3-0, 6-1. In the doubles, Hennessey and Bastian beat the Ohio pair, 6-3. 6-3. The matches saw Hennessey traveling •lie court with super speed and endurance and if he can get through the Ft. Wayne meet this week without being bothered by one of his “off days" he should weather the storm with all sails hoisted. Bastian also played an excellent brand of tenuis on the I. T. A. courts.
Triple Tie at Olympic
ANTWERP. Aug. 2.—The United States. South Africa and Sweden todaytied for first place In the 600-meter shooting event of the Olympic games. Firing from a prone position, the marksmen of those countries each made a 287. Norway was fourth with 282. The others made the following totals: France. 2*o; Switzerland. 279: Greece, 270; Finland. 268; Holland, 266; Belgium. 264; Oecho-Slovakla, 25,8; Italy, 257; Spain, 253, and Portugal, 24*.
Hagen Beats Barnes
GREENWICH. Conn.. Aug. 2. -Walter H igen. French open and metropolita . golf champion. Saturday defeated Jim Barnes of St. Louis in the eighteen-hole playoff of the Metropolitan Golf association championship tournament at the Greenwich Country club. The winner made the round in 70 to 74 for. Barnes. lvagen has now won the metropolitan three times, last year at North Shore on Long Island nnd in 1916 at Garden City. On that occasion he defeated Barnes and Charlie Hoffner in a playoff.
Easy for A. B. C.’s
DAYTON, 0.. Ang. 2.—The A. B. C.'s wnn in easy fashion Sunday from the Dayton Marcos. 11 to 5. Dlsmukes was on the firing line and was never in danger. "Boots” McClain, formerly with the A. B. C.'s, playing short for the Marcos, was hit in the eye when a batted ball took a bad bop, and had to retire. The game was featured by all-round work of the llooaler squad. They play the Cuban Stars a four-game series at Redland field, Cincinnati, starting tomorrow.
1
Domestic and Foreign Collections Foreign Exchange, Commercial Credits Travelers’ Cheques, Letters of Credit The Fletcher American National Bank Indianapolis
©Wanted Salary or Commission Men of influence and good standing in their respective communities to represent our Securi- - Established 1912. ties Department. Ex-county officials or those with banking experience preferred. Salary or commission. Indianapolis Securities Company FRANK K. SAWYER, President. Home Offices —Indianapolis Securities Building, Southwest Corner Delaware and Market streets. (Formerly Baldwin Block.) Address ARTHUR O. MAIN, General Manager, Securities Department, 112 East Market street.
J. F. WILD, Jr., BROKER 315-320 LEMCKE BUILDING 1 sT Commercial National Bank Stock 'seu Consolidated Graphite Cos. Main 1734 PHONES 21-733
Canadians May Get Chance to Sub for Lipton in Cup Race
NEW YORK, Aug.. 2.—Canada probably will get an opportunity to "sub” forj Sir Thomas Lipton next year in the attempt to lift the America's cup. A tentative challenge was received from Alexander C. Ross of Montreal, a member of the Canadian parliament., which supersedes that intended’by Sir Thomas Lipton for 1922. It was expected that it would be taken up this afternoon by Commodore J. P. Morgan with the America s cup committee of the New York Yacht club. If the challenge is accepted the challenger will be designed by an Englishman, but will be built in Canada and will be christened-Maple Leaf. It will ha paid for by public subscriptions of $1 each and will be manned by hardy Nova Scotia fishermen. ltoss is a well-known Canadian yachtsman. He is a member of the Cape Breton Royal l'aeht club and the Halifax Yacht club, on whose behalf he isued the challenge.
Jackson Does a Brodie and Babe Loses Homer
CHICAGO, Aug. t. —The qnestlon of whether Babe Ruth did or did not hit his thirty-eighth home run has resulted in yesterday s Yankee-YVhite Sox came Jt ing protested by Manager the New Yorkers. The Babe busted a skyscraper into the overflow crowd in left field in the fourth inning. Joe Jackson got his hands on it and did a Brodie. Hugg’ns declared Joe dropped the ball, but IV lire Connolly ruled he had held it "momentarily.” Most of the 40,000 spectators sided with Huggins and Ruth. The Y’anks lost, 3 to 0.
BOXING
BIG RING CARD FOR MUNCIE FANS
MUXCIE. Ind., Aug. 2. —Thirty-two rounds of boxing will be enjoyed by followers of the fistic game at the North Walnut street ball park in this city Tuesday night. The headliners will be John Kelsch of Cleveland, who will meet Hope Mullen of Muncle in a ten-round affair at 158 pounds. Obe Jolly of St. Louis and Sam Hess, the Ft. Wayne lightweight, will meet at 135 pounds. The match Is featured as the semi-windup and will be a ten-round bout. Eddie Mullen of Muncle and Ford Munger of Dayton will go eight rounds, the boys to weigh in at 140 pounds. A fourround preliminary bout between two Muneie youths will open the card. The first bout will start at 8:30 o'clock 3nd the final fight will be over in time for the Indianapolis fight fans to get the 11:45 o'clock train back to Indianapolis. BOXING AT SPEEDWAY'. Five boxing bouts and one wrestling mat -h wiil make up the athletic program the soldiers at the speedwav aviation repair depot plan to stage Wednesday night, starting at Bi3o. The mat contest is a catch-as-eatch-can affair and "Hi be decided in one'fall. I.ieut. Murphy will act as referee. The boxing program for the evening follows: Hopper (135) vs. Morris (130), three rounds; Tyler (145) vs. Warmbier (145% three rounds: T. Cunningham (135) vs. ■Sendlbiildi (135), three rounds; Strain (145) vs. Henry (145% three rounds; Jack Daily (1*0) vs. Jack Lesslie (185), five rounds. Frentress (135), and Hines t 335) meet on the mat.
Chevrolet Sets Record in Winning Ohio Race
COLUMBUS, 0., Aug. 2.—Gaston j Chevrolet of Indianapolis set anew world's- record for 100 miles over a dirt I track here Sunday, when he covered the I century without a stop in *9:23. Chevrolet drove the same Monroe car with which he won the Indianapolis i Decoration day race. The former record of 91.30 was set by Tom Alley at Minneapolis in 1914. Tommy Milton, record breaker for the straightaway course, finished second Sunday. He trailed four laps behind Chevrolet, who at no time was in danger of being headed. Ralph Mulford also started, but was forced to the pit in the first lap. SUNDAY STATE GAMES. Marion Boosters, 7; Ft. Wayne 1 Giants, 3. Or , Brownsburg, 5; Indianapolis Specials. 2. West Baden Spurdels, 28. French Lick ‘ Plutos, 11. Lafayette, 3; I.ogansport. 2. Columbus, 6; Muneie, 5 (10 inning*). Anderson. 4; Newcastle, 2. i Frankfort, 2; Peru, L
