Indianapolis Times, Volume 33, Number 98, Indianapolis, Marion County, 2 September 1920 — Page 10

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STOCKS MAKE SLIGHT ADVANCE Prices Moved in Narrow Range —Crucible Steel Up 3 Points. NEW YORK, Sept Z— Activity In the railroad group featured the stock market at the opening today. Prices moved within a narrow range and showed little changes from yesterday’s final levels. Southern Pacific advanced % to 96; Canadian Pacific % to 122%, and New Haven % to 35*4. Steel common ranged between 89% and 89. compared with 89 54 et the close yesterday. Baldwin Locomotive rose % to 108% and Crucible showed an equal gain at 119%. American Woolen advanced 1% to SOU. Manati Sugar rose 8 points to 99 and Consolidated Gas 1 point to 81%. Sinclair Oil was prominent, selling up to 30%, and Pan-American rose % te ° rails continued to attract Interest during the forenoon, St. Paul issues being prominent, both the common and preferred moving up over 1 point. St. Louis & Southwestern touched a new high for the movement, at 66%. Crucible Steel rose over 8 points to 123. (By Thomson & McKinnon) —Sept 1— It is dally becoming more apparent that we are now In the midst of a railroad rather than an Industrial market. In the rails the demand has been constant ; they have been absorbed, evidently by interests that are disposed to hold for substantial enhancement rather than for a moderate or quick turn of the market. As we view the position of these shares, the buying that is now dally in evidence is logical and fully Justified. The companies are better protected by law today than they have been at any time and while this protection limits them in their earnings, the limit is sufficiently liberal to make the shares desirable as an Investment and will prove more attractive when we have passed through the present money stringency and return to more normal interest rates. In the Industrial list there is much confnslon due to the unsatisfactory condition of trade in a number of lines, to which has recently been added the motor com-! panies, who are confronted by the neces- ! sity for competition. Production has been increased to a point where for the present at least the demand is exceeded. The leading trade review pictures steel conditions as favorable and the shares have recently given a good account of themselves. TQe Irregularity may be looked for with discrimination in the selection of stocks, but on bulges It is still advisable to sell some long stocks.

NEW TORS LIBERTY BONDS. —Sept. I Prev. High. Low. Close. close. 3%s 90.06 90.00 90.00 89.02 First 4s 85.00 85.00 85.0!* 83.14 Second 4s 84.04 84.3a 84.64 84 40 First 4%s 85.48 85.44 85.40 85.14 Second 4%s 84.90 84.44 84.86 84.48 Third 4%s 88.16 87.80 88.10 87 84 Fourth 4'-is 85.10 84.88 85.08 84.88 Victory 4%s 95.56 95.44 95.50 95.44 Victory 3%s 95.56 95.44 95.50 95.44 MOTOR SECURITIES. (By Thomson & McKinnon) —Sept. 1— Bid. Ask. Briscoe 25 27 Chalmers com 2 5 Packard com 16% 17 Packard, pfd SO " 84 Chevrolet 250 500 Peerless 31% 33% Continental Motors, com 8% 9 Continental Motors pfd 95V* 9414 Hupp, com 14 45% Hupp, pfd 97 101 Reo Motor Car 22 22*4 Elgin Motors* 7% 8 * Grant Motors 4 4*4 Ford of Canada 350 355 United Motors 30 45 National Motors 10 13 Federal Truck 26 30 Paige Motors 23 24 Republic Truck 30 38 .ACTIVE OIL STOCKS. (By Thomson A McKinnon.) —Sept. 1— Bid. Ask. Anglo-American Oil 21% 22% Atlantic Refining 1150 1250 Borne-Scrymser 440 400 Buckeye Pipe Line 93 95 Chesehrough Mfg. Cons 220 230 Colonial Oil pfd 100 105 Continental Oil. Colorado... 170 210 Cosden Oil and Gas 7% 7% Crescent Pipe Line 30 32 Cumberland Pipe Line 135 145 Elk Basin Pete $% 9% Eureka Pipe T ine 105 107 Galna-Signai 'll, pref 78 92 Galena-Signal Oil, com 48 52 Illinois Pipe Line 150 154 Indiana Pipe Line 93 (g Merritt Oil 14% n>', Midwest Oil 1 Midwest Rfg 147 149 National Transit 25% 26% New York Transit 160 170 Northern Pipe Line. 98 102 Ohio Oil 310 370 p - * R 6% 6% Penn.-Mex 43 4® Prairie Oil and Gas 630 535 Prairie Pipe Line 190 195 Sapulpa Refg 5% 6% Solar Refining ; 370 390 Southern Pipe Line 122 128 South Penn Oil 270 275 Southwest Penn Pipe Lines. 63 08 Standard Oil Cos of Cal 312 316 Standard Oil Cos. of Ind 6CO 670 Standard Oil Cos. of Kan 525 545 Standard Oil Cos. of Ky 350 360 Standard Oil Cos. of Neb 420 440 Standard Oil Cos. of N. Y 370 375 Standad Oil Cos. of Ohio 430 450 Swan & Finch 78 SO Union Tank Line Jiß- 123 Vacuum Oil 355 3<w Washington Oil 29 33

NEW YORK CURB. (By Thomson Sc McKinnon.) —Sept. 1— . . Bid. Ask. Curtis Aero, com 4 5 Curtis Aero, pfd 40 50 Texas Chief 5 10 Sub Boat 11 12 First National Copper % 1 Goldfield Con 8 jq Havana Tobacco 1 12 Havana Tobacoo pfd 5 10 Cent. Teresa 4% 51, Jumbo Extension 4 8 International Petroleum 34 35 Niplssing 9*4 49 Indian Pkg sa; g% Royal Baking Powder 120 130 Royal Baking Powder pfd... 80 90 Standard Motors 6 7 Sinclair Gulf Oil 32% 33 Salt Creek 1% 474 Tonopah Extension 1% yix Tonopah Mining yi? ia? United P. S. new 2*>i 2fii V. S. Light and Heat 2 ,3 U. S. Light and Heat pfd 2 6 Wright-Martin ix 1/ World Film \ 2 Yukon Gold Mine Cos % y Jerome 16% New Cornelia 20 32 Southern Trans 14 ~sl Sequoyah 3' 31/ Omar Oil 1% jt? NEW YORK CALL MONEY. NEW YORK, Sept. I.—Money—Call money ruled 8 per cent; high, 8 per centlow, 7 per cent. Time rates. 9 per cent’ Time mercantile paper was gteady. Call money in London, 3% per cent. Sterling exchange was steady, with business in bankers' bills at 357 VA for demand. NEW YORK METAL MARKET. NEW YORK. Sept. I.—Copper was dull; spot, September, October and November offered, 19c. Lead was dull; spot offered 9c; September offered 8.80 c; October offered B%c. Spelter was dull; spot and September offered 8.13 c; October, November and December offered 8.25 c. CHICAGO STOCKS. (By Thomson & McKinnon.l —Sept. 1— Open. High. Low. Cio*e. Carbi & Carbo. 63% 64% 63% 64% Litbv 13 13 12% 13 M.-Ward 33% 33% 33 33 Nat. Leather.... 10% 10% 10% 10% Sear*-Roebuck .140 140 139% 139% Stewart-Warne.. 31% 31% 30% 31% Swift & C0....*. .108% 108% 108% 106% Swift Inter.... 29% 29% 29% 29% U. Paper Board 30% 30% 29% 29% Arm.. Lea....—. 16 16 15% 15%

N. Y. Stock Prices —Sept. 1— Prev. High. Low. Close, close. AHU Chalmers.. 31% 31% 31% 31% Alaska G01d.... 1% 1% 1% ... Am. Agrl 79 77% 79 77% Am.BarchM.oCo. 83 83 83 Am. Can 34% 34% 84% 34% Am. Car & Fdy.lS4% 133 134% 133% Am. Cotton Oil. 24 25 25 24% Am. H. & L cm. 18% 13% 13% 13% Am, H. & L pfd. 74% 74% 74% 74% Am. Inter. Cor.. 70% 68% 60% 70 •Am. Linseed... 68% 6% 68% 70% Am. Locomotive 95% 93% 93% 94% Am. Ship & C.. 20 20 20 20% Am. Smelt. AR. 56 55% 66 56 •Am. Sugar RefJlo% 109% 110% 112 Am. Sm. Tb. Cos. 84% 82% 84% 84% Am. Steel Pdy. 87 37 37 Am. T. & T.... 97% 97% 97% 97% Am. W001en.... 79% 77% 78% 77% Am. Zinc A Ld. 12% 12 12 Anaconda 62% 62% 52% 52% Atchison 84% 83% 54% 83% Atl. Gs. A W. 1.135 133% 135 133% Baldwin L0c0..108% 10GV S 107% 106% B. A 0 42% 41% 42% 42 Bethlehem "B”. 75% 74% 73% 75 Brk. Rp. Trans. 10% 10 10 10 Can. Pacific 121% 118% 121% 119 Central Leather. 53 52 % 53 53% C. A 0 60% 60% 00% 60% C..R.I.AP. cc.m. 38% 36% 37% 37 C.,R.l.6pctpfd... 66 65 66 65% C..R.1. 7 pet. pf. 77 76% 77 76 Chino Copper ..28% 28 28 28% Chill Copper ... 14% 14 14 14% C.,M.ASt P: 37% 36-% 37% 36% C.,M.ASt.P. pfd. 55 53% 54% 54% Chi. A Northw. 73% 72% 73% 72% Chandler Motor. 85 83 84% 84% Coca Cola 34% 34% .34% 34% Consol. Gas .... 80% 80% 80% SO Continent. Can. 78% 78% 78% 77% Cont. Candy Cos. 11% 10% 11% Corn Products . 88% 87% 88% 87% Crucible Steel ..119% 118% 119% 118% Cuban Am. Sug. 41% 40*8 41% 40 Cuba Cane Sug. 34% 34 34% 33% Columbia Grap. 23 22% 23 23 Den. & Rio G... 5% 5% 5% 5% Erie 15% 14% 15% 14% Erie Ist pfd.... 24% 24 24% 23% Famous Players. 72 71% 71% 72 Fisk Rubber Cos. 26% 26 26 26% Gen’l Motors ...21 20% 21 20% Goodrich 53% 53 5.3 54% Gt. North, pfd. 76% 75 70% 74% Gt. Nor. Ore ctf. 32% 31% .31% 31% Houston 011 ...103 101% 10.3 102 Illinois Cent 87% 87% 87% 87 Inspiration Cop. 45% 45% 45% 46 Int'l Nickel .... 19% 19 s . 19% 19% Invincible Oil .. 36% 35% 35% 35% Kelly-Spring. ..73 73 73 74% K. C. Southern 20% 19% 20% 19% Kennecott Cop. 24% 23% 23% 24% Lehigh Valley.. 40% 46% 46% 46% Leows 20% 20% 20% 29% L. & T. 102% 102 102 102% Lac-kawan Steel 68% 67% 68% 69 Maxwell M. com 10 9% 10 10% Missouri Pacific 27% 26% 27% 26% Middlestates Oil 11% 11% 11% 11% Midvale Steel... 39% 39 39 % 59% Marine 23% 23 23% 23% Marine pfd 74% 74% 71% 74 Mexican Petr 01.162% 159% 161% 161% National Lead.. 73 72% 72% 73 New Haven 35% 34% 35% 34% N. Y. Air Brake 97% 97% 97% N. Y. Central... 76 74% 75% 74% Nev. Con. Cop.. 10% 10% 10% 10% Northern Pac... 78% 75% 78% 75% Pan. Am. Pe... 87% 85% 87% 86% Pennsylvania ... 41% 41% 41% 41% Pierce-Arrow .. 36 34 34 % 36 Pierce Oil C 0... 12% 12% 12% 13 Pressed Stl. Car 96% 96% 96% 96% Pullman Cos 113 113 113 113% Pure Oil 38% 38% 38% 38% Reading 92% 92% 93% 92% It. Iron & Steel 85 83% 84% 83% Keplogle 74% 72% 74% 74% R. Dutch of S. Y. 84% 82% 84 S3 Ry. Steel Sprgs 96 96 ' 96 St.L. & S.F.com 28% 27% 28% 23 Stromberg 72% 70% 72 72% Saxon Motor Cos. 5% 5% 5% 5% Seaboard A I..pfd 17 10 17 Sinclair Oil 29% 28% 29% 28% S. S. & I 68 68 6H 67% So. Pacific 98% 94% 95% 94% So. Railway 28% 28% 28% 28% Stand. O. 0f.NJ.600 657 657 660 Studebaker 61% 58% 60% 60% Texas Cos 47% 46% 47% 47% Tenn. Copper.... 9% 9% 9% 9% Texas A Pacific 37% 36% 37% 37 Union Oil 26% 26 26% 20 •Union Pacific ..124 120% 123% 123% Tob. Prod. Cos.. 66 6i 66 65% U. Retail Stores 69% 80% 08% 07% IT.l T . Fruit Cos 196% 196% 190% 1.5.1n. Alcohol. 83% 83 83% 83% U. S. Rubber... 85% 84% 85% 85% C. S. Steel 89% 88% 89% 88% I'tah Copper 61% 61% 61% 61% Vir.-Car. Chem. 67% 67 67 Vanadium 69% 61% 67% 68 Wabash Ist pfd. 28% 26% 28% 20,% White Motors... 44% 42% 43% 44% W. Maryland.. 11 10% 11 10% West. Electric.. 48 47% 48 47% WHlys-Overland 15% 15 15 15% Wilson A C 0.... 56% 56% -56’ ■< •Ex-dividend.

in the Cotton Markets i NEW YORK, Sept. I.—The English la bor troubles and weaker Liverpool cables caused active selling at the opening of the cotton market today, causing losses of from 10 to 25 points. This was followed by a further decline and at the end of the first twenty minutes prices were about 27 points under last night s close . There was considerable selling. New York Cotton opening: October, 21.78 c; November, 20.40 c, December. 25.50 c; January, 24.83 c; May, 24.03 c; July, 23.83 c. The New York cotton range— Open. High. Low Close. October 27.18 27.50 25.50 23 50 December.... 23.33 23.83 24.10 24.19 January 24.83 23.23 23.53 23.07 March 24.40 23.0 U 23.25 23.34 May 24.43 24 60 23.10 23.10 NEW ORLEANS, Sept. 1. The cotton market opened steady today, unchanged to 8 points lower. Futures udvauced 6 to 40 points on light buying during the early hours of trading, _but reacted to new low levels, 93 to 165 points below the opening. The close was easy, with a net loss of 106 to 161 points. New Orleans cotton range— Open. High. Low. dose. October 25.80 26.15 24.13 24.23 December 24.46 24.80 23.10 23.30 January 24.24 24.30 22.75 22.83 March 23.70 23.95 22.30 22 60 May 23.30 23.33 22.33 22.36 WASHINGTON, Sept. I.—The crop reporting board of the bureau of crop estimates of the United States department of agriculture, estimated from the reports of correspondents and agents that the condition of the cotton crop on Aug. 25 was 67.5 per cent of normal, as compared with 74.1 on July 23, 1920, 61.4 on Aug. 25, 1919; 55.7 on Aug. 25, 1918, and 68.2. the average of Aug. 25 of the last ten years. A condition of 67.5 on Aug. 25 fore casts a yield per acre of about 174 Bounds and a total production of about 2,783,000 bales. That is, the final outturn will prob ably be larger or smaller than this amount, according to future conditions. Last year the production was 11,329,755 bales. Two years ago, 12,040,532 bales; three years ago, 11,24)2,375; four years ago, 11,449,930, and five years ago, 11,191,820 bales. LIVERPOOL. Sept. 1. There was more Inquiry for spot cotton at the opening, prices hardening Sales. 5.000; American 1 mlds fair, 27.25d; good mlds, 21.50(1; full' mids. 23d: middlings. 21.70d; low mids. 17.50d; good ordinary, 14.23d; ordinary, 13.23d. Pre-War Thrift Is Policy Again CHICAGO, Sept. 2. Extravagant! shopping has spent itself and the public ' is beginning to buy again In its prewar thrifty fashion, is the belief of of ficlals of Armour A- Cos., large meat packers. In a statement reviewing the business ! situation, the company said it is becom ing more and more evident business has entered a period of readjustment. "Retail sales, while being attended with | a nervous tone, remain fair, and commodities seem to be moving freely, lint there Is an undoubted indication that the: purchasers are discriminating more and more against abnormal prices,” the statement said. "As sales of extravagances decrease, by just so mut-h will capital be released for use In production of essentials, j.pd as that production Increases the pritie of them should decrease. "Our employment bureau is turning away men who are applying for work day after day, and for the first time I 'since j the war lines of men can be seen at midday waiting to file their applications for work,"

HOG MARKET PRICES OFF After Opening Steady, Market Slumps 10 to 25 Cents. RANGE OF HOG PRICES. Good Oood Good Sept Mixed. Heave. Light. ! 27-615.35® 15.75 16.00016.65 15.75016.25 ?8. 15.60 @16.00 15.00(3)15.65 16.00016.50 : 30. 15.00 0 15.35 15.00 © 15.65 15.85014.25 31. 15.60016.10 15.25015.83 16.00016.60 1. 15.85016.00 15.20015.83 16.00016.25 2. [email protected] 15.25015.70 15.76016.35 j The trend of the bog market was pecuj liar today. After opening steady with ! the Wednesday market on bidding by representatives of eastern shippers, the 1 market closed with prices 10 to 23 cents I lower under the Influence of local paek- | ers. j Eastern shippers, however, bought most of the good light and heavy hogs, ; while local packers came in too late to I get the bulk. _ Light hogs opened with a $!6.3,> top, while an extra fancy load of lights sold j outside the market at an extreme top of $16.60, which was the top of the Tuesday market. At the opening, the bulk of the good lights brought $16(9116.25, but the close of the market saw them bringing $15.80(g16. Roughs were steady with the Wednesday market at $14.50 and down, while best light pigs brought $15.50, with a few at $15.75. Receipts for the day approximated 9,000 with approximately 1,500 left over from I the day before. I The cattle market was dull and draggy, I with but little demand and approxlmate--1 ly 900 receipts. Prices were generally steady, with the exception of the best grades of cows and heifers, which were slightly lower, and good canners and cutters, which brought slightly better prices on better demand than usual. Good choice veals were steady to 50 cents higher, depending entirely upon the grade, while medium, common and heavy calves were practically steady. There was an extreme top of SIS, with a top of $17.50. and the bulk of the good choice stuff bringing $17(^117.50. Receipts for the day approximated 700, : with some stuff left over from the j Wednesday market, which would probably make the total receipts 750. With approximately 700 sheep and lambs on the market, sheep brought steady prices, while the grades of lambs j were off 50 cents. * HOGS. Best light hogs, ICO to 200 lbs. average 15.75'M1f1.00 250 to 300 lbs. average 15 OO'&IS 70 | Over 300 lbs 14.00f315.25 ! Sows 13.00&14.30 : Best pigs, under ho lb 15.00m15.50 ; Bulk of sales 15 750f 16.00 CATTLE. { Prime cornfed steers. 1.300 lbs and up 15.00(316.25 Good to choice steers. 1.200 to - 1.300 lbs 13.75(313.00 Good to choice steers. 1,100 to 1,200 lbs [email protected] Good to choice steers, 1,000 to 1,100 lbs 10.00*313 00 Common to medium steers, 900 to 1.000 lbs 8.50310.50 —Heifers and Cows— Good to choice heifers 11.00313.75 Medium heifers 9 (W® 10.50 1 Common to med'uiu heifers 6.503 8.25 , Choice cows .. O.uOQl 1.50 Good to choice cows 8.003 9.00 Fair to medium cows 0.503 7.75 i fanners 4.'X>3 4.50 (-'utters 5.753 7.75 —Bulls— Good to choice butcher bulls 7.503 9.00 Bologna bulls 6.503 7.50 Light common bulls 4.503 6-50 —Calves — Choice veals 16.50318.00 Good veals 16 500117 50 Medium veals 10.00® 15 04 Lightweight veals D.OO'flll.UO —Stockers and Feeders— Good to choice steers, 8")0 lbs. and up 9.00310.00 Good to choice steers, under *OO lbs 8.003 9.00 Medium to good cows 5.50(y, 6.00 Good cows 6.003 7.00 Good heifers 7.00® 8.00 Medium to good heifers 0.753 700 Good milkers ,V . 003 125 (si Medium milkers 1j0.003100.U0 Stock calves, 250 to 450 lbs.. 7.003 9.00 SHEEP AND LAMBS. flood to choice sheep s.so'<i 6.00 Fair to common..’. 2.50® 4.00 Bucks 4.003 4 90 —Lambs—- ; Common to choice yearlings. 5.003 ABO | Spring lambs 8 10312.50

Other Live Stock 1 ’ CHICAGO. Sept. 1. Hogs— Receipts. H.tXiO; market steady; bulk, $14.25® 16; butchers. $14.65® 1.>.80; packers, (14 I,l® 14.30; lights. $15.50® 16.10; pigs. $13.75® 15.75; roughs, $13.90® 14.15. t attle Re ceipts, 11,0,4*, market steady anil lower; beeves. $16.75® 17.75; butchers. s6.s<i®ls; cauners ani cutters. s4®o; stackers and feeders, $5.50®12.23; cows, $64112.75; calves, $15(3; 17.30. Bheep Receipts. tC.OiK); market. 25®.W lower; lambs, $ 11.7581 14; ewes. $6®7.50. CINCINNATI. Sept. 1. Hogs Receipts, 3,200; market, strong, 25c higher; heavy, $13.7'45>16 23; mixed and medium, $16.50; lights. sl6; pigs, $13.30; roughs, $12’.75; stags, $lO. Cattle Receipts, 000; market, Strong; bulls, steady; calves, sl9 Sheep and lambs—Receipts, 3,05); market, steady; sheep, sl®7; lambs, so4s j 15; seconds, s9@lo. CLEVELAND, Sept. I.—Hogs -Re ceipts, 2,000; market strong; yorkers, $16.65; mixed, $16.65; medium, $16.40; pigs, sl6; roughs, sl3; stags, $8.50. Cat-tle-Receipts, 250: market 15®26r up. Sheep ana lambs—Receipts, 500; giarket 50c ®sl lower; top, sl3. Calves Receipts, 500; market steady; top, sl9. PITTSBURG, Sept. I.—Cattle—Re ceipts, light; market steady; choice, sls ® 15.75; good, $14*1414.50: fair, $12,504$ 13.50; veal calves, $1.84419. Sheep uud lambs—Receipts, fair, market slow; prime wethers, $8.50®9; good, $7.25®8; fair mixed, $6417; spring lambs, sl3 50 ®l4. Hogs—Receipts, 8 double decks; J market htgher; prime heavies, sl6® 16.25; mediums, $17,604* 17.75; heavy yorkers, $17.00® 17.75: light yorkers, $16.50®17; pigs, $i5.50®16; roughs, $124413.30; stags, $8(28.50. EAST ST. LOUIS, 111., Sept. 1. Cattle —Receipts. 6,500; market slow; native beef steers, $14®15.73; yearling beef steers and heifers, $15.50® 16.50; cows. sls® 1.775. runners and cutters, $4®(J. Hogs Receipts, 9,500; market higher; j mixed and butchers $15.90® 16.40; good ! heavies. $14.90®15.0(); rough heavies, ; $12.73® 13.50; lights, [email protected]; pigs, ' $13.50®15.50; bulk of sales, $16.15® 16.35, ; Sheep- Receipts. 3,500; market lower; ewes. s6®B; lambs, $11®12; cauners and ! cutters. s2®6. EAST BUFFALO, N. Y., Sept. 1 Cat j tie—Receipts, 535; market active lo steady; shipping steers, sls® 15.75; : butcher grades. $104*14.75. Calves—Receipts, 600; market slow to 50c lower; I culls to choice, so® 19.50. Sheep and 1 lambs Receipts. 2,800; market slow; I choice lambs, $13.50® 14; culls to fair, slo® 12.73: yearlings, $8<B;9; sheep, ss® 8.30. Hogs—Receipts, 2,400; market 10® ' 15c up; yorkers, s7® 17.25; pigs, $16.50® 16.75; mixed. sl7® 17.15; heavies. sl6® 1 16.50; roughs, sl2® 13; stags, s9® 10. WHOLESALE PRODUCE, Eggs—-Fresh, loss off. 47e. Poultry—Fowls. 31c; broilers, 1% to 2 lbs, 314* 35c: broilers. Leghorn, 31c; i cocks, 17c; old tom turkeys. 32c; young tom turkeys, 12 lbs and up, 37c; young hen turkeys, 8 lbs and up. 37c; cull thin turkeys not wanted; ducks, 4 lbs and 'up, 20c; ducks, under 4 lbs., 17c; young ducks, 28c; geese, 10 lbs and up, 16c; 1 voung geese, 22c; squabs, 11 lbs. to dozen, SO. Butter—Buyers are paying 57@58c for ! creamery butter delivered at Indianapolis. Butterfat—Buyers are paying 56®57c for cream delivered at Indianapolis. Cheese (Jobbers’ selling prices)—Brick, 30®32c; New York cream, 33c; Wisconsin full cream, 30®33c; longhorns, 31® 33c; limburger, 33%®36c; Swiss, domestic. 01®66c; Imported, $1®1.05. CLEVELAND PRODUCE. CLEVELAND, Sept. 1. Produce market: Butter —Extra in tubs, 61%® 62c; prints, lc higher; extra firsts. 60% @6lc; firsts. 59%®60c; seconds, [email protected]; packing stock, 40c. Eggs—Fresh gathered Northern Ohio extras, 58c; extra firsts, 57c; first, new cases, 53c; old cases, 52c: Western firsts, new cases, 51c. A case I contains 30 dozen. Live poultry- Heavy fowls, 38@40e;- lights. 35®36c: broilers, 3t0 40c ; roosters, 23©24c; spring ducks, 32® 34c.

INDIANA DAILY TIMES, THURSDAY, SEPTEMBER 2, 1920.

Terse Market Notes

NEW YORK, Sept. I.—From the action of the market one would easily be load to conclude that there is a general agreement among traders to sell the motor shares and buy rails. It Is thought that the rails are at last independent, not only independent In control, but also Independent In a financial way. Interest rates of BVi to 6 does not look very big In these days, but this Is equivalent to 10 to 15 per cent on the common stock of many of the roads and the prices of the shares are still low. The latest cables from England tell a sad story—a tremendous majority of the coal miners have voted for a strike. This will mean stagnation for business there. A great change has occurred in the market here. Bonds thar. were drugs on the market for a long time are now being absorbed by investors. Evidently we have reached that stage in the situation where the capitalists can see the light of day. From the standpoint of the stock, however, the money situation vs still unsatisfactory and we may look forward to constant flurries In rates which will give us sufficient Irregularity to make It profitable to take a trader's position aud be ready to sell on a bulge as to buy on a break. The stock exchange governors will vote this afternoon on the question of whethei or not the stock exchange will be closed on Saturday. It is reported that the officials of the United Mine Workers are urging the men of the unions to accept the award of the coal commission and will back President Wilson In his challenge to Insurgents in the Wllkesbarre district. Twenty industrial stocks averaged 86.10, a decline of .27. Twenty active rails averaged 77.50, an Increase of .38. According to officials of the National City bank of New York, the general trend of business Is toward normal and permanent conditions aud that the existing disorders are no greater than might be expected In accomplishing the readjustments that are necessary. It Is probable, they say, that the present deadlock over prices will be adjusted early enough to permit a large volume of fall business to be done and unless the price level Is lower than now, seems likely this trade will necessarily require some expansion of bank credit.

Money and Exchange Indianapolis bank clearings today were $2,775,000, against $3,101,000 a week ago. NEW YORK. Sept. I.—Demand sterling was $3.56, unchanged at the opening of the foreign exchange today. Francs were up .0001 at .0697%; lire off .0002 at .0460; marks. .0203, off .0001 ; Canadian dollars, .8915. The market was firm right up to the close of quotations. Sterling was quoted at $3.57%. up 1%; francs, .0699; cables, .0700; lire. 0467; cables, .0*68; marks, .0203; cables, .0204; Canadian dollars, .8970. NEW YORK. Sept 1. Commercial bar silver was quoted today as follows: Domestic. unchanged at 99%; foreign, off 1 %391%c. LONDON, Sept. I.—Bar stiver was l%d lower today at 57%<1.

Indianapolis Securities —Sept. 2 STOCK*. lad. Ry. A Light com 56 ... ind. Ry. A Light, pfd 90 Indpla. A Northwest, pfd 75 ludpls. A Southeast, pfd 75 Ind pis. St. Ry 50% ... Terre Haute T. A L. pfd.... 70% ... T. H., I. A E. com 1% ... T. H„ I. AK. pfd 9% 16 T. IL, T. A I. pfd 63 70 U. T. of Ind. com 1 U. T. of Ind. Ist pfd XO U. T. of Ind 2d pfd 2 Miscellaneous— Advance- Rutnely c0m....... 29 ... Advance-Ruiuely rifd 60 Amer. t'entral Lire 236 A riser CreosotlDg, pfd....... 93 ... Belt Railroad, com.. 70 80 Belt Railroad, pfd 47% ... Century Building, pfd 97 Cities Service, c0m..., 294 299 Cities Service, pfd 65% 66% Citizens Gas 33 35 Dodge Mfg. pfd 99% ... Home Brewing 65 ... Indiana Hotel com 00 Indiana Hotel pfd 90 ... Ind. National Life 4% ... Ind. Title Guaranty f>9 69 Indiana Pipe Line 93 Indplr Abattoir pfd 46 61 Indianapolis Gas 46 60 Iridpltt Tel. pfd 6 ludpls. Tel. pfd 85 Mer. Pub. Utl. pfd 44 National Motor 9 11 Public Snv.ngs 2% ... Itauh Fertiliser pfd......... 40 ... Standard Oil of Indiana.... tjCO ... Sterling Fire Inaurance.... 8% 9% Van Camp Hdw. pfd 95 VnnCamp Pack, pfd 05 VanCnmp Prod Ist pfd 95 Van Camp Prod. 2d pfd 95 Vandalia Coal com 5 Vandallu Coal pfd 10 Wabash Ry. com 9 Wabash Ry pfd 26% ... Bank* and Trust Companies— Aetna Trust 100 Bankers Trust 118 City Trust 82 .... Commercial National 05 Continental National 112 Farmers Trust 200 Fidelity Trust 120 ... Fletcher Am. National...... 257 Fletcher Bav. A Trust 163 Indiana National 28<> 288 Indiana Trust 195 ... Live Stock Exchange 450 ... Merchants National 276 Nrilonsl City 112 118 People’s State 176. ... Security Trust 120 State Savings and Trust.— 90% 95 Union Trust 340 870 Wash. Rank A Trust 115% ... BONDS.

Broad Ripple as 46 Citizens St. Ky 5s 73 Imi. Coke & Ga* Cos. 0s 87 Indian Creek Coal & ksin... 98 ... indpls. A Coliim. South. 65.. 88 ... indpls. Sc Greenfield 5s 90 ... iudpls. A Martinsville 55.. 52 indpls. A North, os 36 40 Indpls & Northwest 5s 48 54 Indpls A- Southeast. 5s 45 Indpls., Shelby A S. E. 55.. 80 ... indpls St. Rwy. 4s 57 63 Indpls. Trac. A- Term. 0n... 66 Kokomo, Marlon A Western. 80 82 T. T.. I. & E. 5s 50 Union Traction of 2xd. Os.. 47 54 Citizens Gas Cos 76 83 Ind Hotel 2d 6s IMI 100 Ind. Gas oi (2 80 Indpls. L. A H 75 82 Indpls. Wntes 5s 88 92 Indpls. Water 4%s 88 92 M. H. A L. ref. 5s 85 90 New Tel. Ist 6s 94 New Tel. Long Dlst. 55.... 93% ... South, ind. Power 6s 86 LIBERTY BONDS. Liberty 3%s 90.06 90.26 Liberty first 4%5. .. 85.41) 85.00 Liberty second 4s 84.60 Liberty 3rst l%s 85.40 86.60 Liberty second 4%s 84.74 85.01 Liberty third 4%s 88.10 88.30 liberty fourth 4%5, .95.02 85.22 Victory 3%* 95.36 95.76 Victory 4%s 95.56 95.74 WHOLESALE MEATS. Wholesale meat prices are quoted by Indianapolis packers as follows; Hams —Regular 14 to 16 lbs., 37%c; skinned, 8 to 10 lbs, 39c; fancy boiled, 10 to 13 lbs, 54c. Bacon—Fancy breakfast, 5 to 7 lbs, 38%e; fancy sliced. 1-lb carton, 67c; sugar cured. 4 to 0 lbs iiverage, 46c. Lard—Refined tierces basis, 21 %c; open kettle, tierces basis, 22®22%c. Fresh Pork —Spare ribs, 18%c; shoulder bones, 7%c; tenderloins, 61®65e; dressed hogs, 24%c. Beef —Steers, medium. 400 to 600 lbs, 20c; No, 2 heifers, 19c; native cows, 18%®19%c; medium cows, 15c; loins. No. 2,36 c; No. 3,35 c; ribs, No. 2,27 c; No. 3,25 c; rounds. No. 2, 28%c; No. 3, 27%e; chucks. No. 2,15 c; No. 3,14 c; plates cow, No. 2, B%c. LOCAL HIDE MARKET, Green Hides-No. 1,15 c; No. 2,14 c. Green Calves—No. 1. 20c; No. 2, 18%c. Horsehldes —No. 1, $6; No. 2, $6, Cured Hide*—No. 1,3.7 c; No, 2. 18c.

MARCH WHEAT OPENS LOWER Corn and Oats Prices Off— Provisions Steady. CHICAGO, Sept. 2. —Wheat opened unchanged to %c higher for December and %e lower for March. There was selling by cash houses. Corn started %3%e lower for September, %e lower for December and %@%c lower for May. Scattered commission houses bought, with leading bears pressing the selling. With a very small trade, oats opened %c lower. The market was featureless. Provisions stnrted steady with limited offerings and very little demand. (By Thomson & McKinnon) —Sept. 1— Wheat—There seems to be a very brisk export demand for wheat, today's business being estimated at one and quarter million following a million bushels yesterday. It is claimed that the demand comeg from France, Germany and southern Europe. There are also one or two intimations of an Improvement In the flour demand. Fail plowing is progressing favorably with indications of a large acreage. The market seems In a position now where reappearance of general flour demand would stimulate prices considerably. Corn—There being no reports of frests In any sections and estimated receipt*, being rather liberal, sentiment has fovored lower prices In corn. Selling has been considerably scattered, most of it for local account, prices susceptible owing to a lack or Important buying power. One of the leading trade journals notes more or less damage In lowa and Nebraska by recent rains and windstorms. Department of agriculture weekly review says that satisfactory progress has been made the last week, but warm weather Is much to be desired, Receiving houses report a considerable falling off In the notices of consignments from the country. There Is. however, no Improvement In the shipping demand. Market seems to have fallen Into a rut and is awaiting developments of some nature. It Is probable that the arguments for lower prices have become somewhat threadbare. Oats—Leading elevator Interest was a buyer of September oats today. Ourside of that market toaturelesa with trade light A small amount of export, 25,009 bushels, wus reported from here. Borne lessening of the movement from the country is expected, but market seems to need something radical to enliven It. Provisions- Rather free deliveries of hog produ-ts on September contract Induced belated liquidation. Cash trade Is fairly good, but new demand in the futures is missing.

CHICAGO GRAIN. —Sept. 1— WHEAT— Open. High. Low. Close. Dec 2.34 2.35% 2 33% 2.35 March... 2 31% 2.32 229 % 2.30% CORN— Sept 1.40 1.40% 1.38% 138% Dec 1.18% 1.18% M 7% 1.17% OATS— Sept.... 65% 66 65 % 65% Dec 65% 66% 65% 66% PORK— Sept 23.55 23.95 23.50 23.65 Oct 24.55 24 95 24.40 24.40 LAUD— Sept.... 18.30 18 40 18.12 1635 Oct 18.80 18.82 18.55 18.67 RIBS- - Sept 15.00 15.15 14 80 15.00 Oct 15.50 15.66 15.30 15.52 CHICAGO CASH GRAIN. CHICAGO, Sept. I.—Wheat Vo. 1 red, $2.53%<tJ2.54%; No 2 red, $2.51%<if2 54: No. 3 red. $2.51; No. 1 hard winter, $2.45 ®J.53%; No. 2 bard winter, $2.54; No. 3 hard winter. $2.51 % (if 2.52% ; No. 1 north ern spring 12.50Q2.52. Corn Nos. 1 and 2 mixed, $1,484(1.50; No. 3 mixed. sl.47ft* 1.50; No. 1 Tellow, $154; No. 2 yellow. $1.4801.53; No. 3 yellow, $1.50; Nos. 1 and . walte. $1,480152. Oats No. 1 white. 68%4J70%c; No. 2 white, fl.K®7o%'; No. 3 white, 67067%c; No: 4 white, 66’jc. TOLEDO CASH GRAIN. TOLEDO. Sept. 1 Wheat -No. 1. $2 flu; December. $2 46. Corn No. 2 yellow, $1.56. Oats No. 2 white, 71072 c. ltye—No. 2, $2. Barley—No 2. $1.20. Cloverseed—Cash. $17.90; October, $18.00; February, $lB 70: March. $18.65; December. $18.30. Timothy Cash. 1918, $4, 1919. $4.06; September. $4 10; October, s4ts; December. $4.10; March. $4.25. Al slke Cash, $18; October, $L8.50; December, *lB 75; March, $19.20. PRIMARY MARKETS. (By Thomson A McKinnon.) —Sept. 1— Wheat. Corn, Oats. Chicago 272.000 323,1**0 685,000 Milwaukee H.OOO 28.000 15.000 Minneapolis... 215,000 17.000 IM.OUO Duluth.. 115.000 2,000 St. Louis 124,000 26,000 08.000 Toledo 11,000 4.000 47,000 Detroit 2,000 3,000 18,000 Kansan City.. 263,000 26.000 26,000 Peoria 16,000 16.000 32.000 Omaha 139,000 43,000 50,000 Indianapolis.. 22.000 21,000 68,000 Totals 1.187.000 507,900 1,185,000 Year ago . 2.595.000 818.000 1,029,000 —Shipments - Wheat. Corn. Oat* Chicago 189,000 55.000 180.000 Milwaukee 7,000 20,000 57,000 Minneapolis... 155.000 3,000 97.00*) Duluth 40.900 Bt, Louis 148.000 49,000 139.000 Toledo 7.000 3,00 t. Kansas City.. 169.000 14,000 15.000 Peoria 16,000 12.000 38.000 Omaha 138.000 42.000 96.000 Indianapolis 10.000 22.000 Totala 809,000 205,000 647,000 Year ago.. .1.095.000 321.000 647,090 . —Clearances— Domestic W. Corn. Oats. New York.... 723.000 Philadelphia . 87,000 Baltimore 387,000 New Orleans.. .80.000 Totals 1,277,000 Year ago... 750,000

INDIANAPOLIS CASH GRAIN. —Sept. 1 - Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat -Easier; through billed, track, No. 2 red, $2.51(42.53. Corn Easy; No. 3 white, $1.55®1.55; No 3 yellow, $t.53®i.55; No. 3 mixed, $1.52® 1.54 (bits Easy; No. 2 white, 63%®67c; No. 3 white, 04%®66c; No. 2 mixed, C; ®o3%c. Hay Steady; all new; No. 1 timothy, $32.50®33; No. 2 timothy. $31.50® 32; No. 1 light mixed, $31®31.50; No. 1 clover, [email protected]. - - Wheat—No. 2 red. 0 cars; No. 3 red, 6 cars; No. 4 red, 1 car; No. 3 red. 1 car; No. 1 mixed. 1 -ar; total, 14 cars. Corn No. 2 white, 6 cars; No. 3 white, 4 cars; No. 5 white, 1 car; No. I yellow, 2 cars; No, 2 yellow, 5 curs; No. 4 yellow, 2 cars; total, 20 oars. Oats No. 2 white, 1(5 cars; No. 2 mixed, 1 cur; total, 17 cars. Rye-No. 2. 2 cars. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load: Ilay Loose timothy, new. $25®2S; mixed hay, new, $21®27; baled, s27® 30. Corn—Bushel, [email protected]. Ont*—Bushel. 68c; new. 05®68c. CORN AND WHEAT BULLETIN. For the twenty four hours ending at 7 a. m., 90th meridian time, Thursday, Sept. 2: temper- - ature. §_ v Stations of £5? a" Indianapolis *2 SM 5 * District £ % 5* w J at® 6M a*"" j US South Bend I 75 I 50 I 0 1 Good Angola 175| 46 I 0 | Good Ft. Wayne I 74- jSO | 0 | Whentfleld j7O 47 0 Good Royal Center....! 70 52 0 1 Good Marlon ....] 78 52 0 j Good Lafayette 78 53 0 1 Good Farmland 77 51 0 Good Indianapolis •• 76 56 0 Good Cambridge City. 80 52 . 0 Good Terre Hnute 78 56 0 Good Bloomington .... 81 57 0 Fair Columbus 84 56 0 | Fair Vlucennes | Pnoli I Evansville 80 62 0.01 j ‘ J. H. AR MING TON’ . Meteorologist. Weather Bureau.

On Commission Row Continued cool weather had a marked effect on the produce market today, with trading very slow and not an oversupply of produce article* on the market. Many of the smaller vegetables are practically off the market now-, and although other vegetables have been continued by the cool weather, which has hindered development considerably, the supply will be cut shorter every day now. Tomatoes are bringing just about what can be gotten for them, ranging In price from 25 cents to $1.25, according to the quality. A few yellow egg tomatoes were on the market at 40 cents a basket. Home-grown grapes are now on the market at 6 and 7 cents a pound in twenty-flee-pound baskets. The supply of apples has been better during the past three days of the week. For a time the only apples on the market were of poor quality, which probably was due somewhat to the fact that at that time farmers had but little time to spend gathering the apples from the ground, but there Is more time to spend now and the supply on the market Is changed noticeably. The prohibition of cider making by farmers Is also a factor In bringing more apples on the market. But few of the apples on the market are hand-picked, being windfall apples. There was a few changes to higher In the cheese market. Longhorns are now selling at 30@31c a pound; dairies, 30c, and Wisconsin flats, 29c. Brices of other grades were unchanged, TODAY'S TRICES. Apples—Baskets, $1.2532.75. Sweet Apple Cider—Per gal, $1; half gal, 60c. Bananas-Pound, 8%39e. Beaus—Michigan navy, la bags, per lb. B@B%c; Californr. llmas, In sacks. 13® 14c; marrowfats, per lb., 14%315c; green, fancy, home-grown, bu.. $1.2531.50. Indiana hull llmas, per gal, $3.25. Beets—Fancy home-growr., dor., 40c; per bu., $2. Cabbage—Home grown, bbl. $1.7532.25. Cantaloupe—Crate, standard, $1.25; flat, 65c; baskets. 65c. King cantaloupes, per crate, $338.50; fancy breakfast Bee-hive, per crate, $3. Carrots -Home-grown, 30c per dor.; per bu„ $2. Celery-Michigan. 6 doz crate, $232.50. Cucumbers—Home-grown, doz.. 75e. Eggplant—Home-grown, per doz. $1.75. Grapes- California white, seedless, per 25 crate. $3. California Malaga, 25-lb. crate. $333 25. Lemons—Extra saucy, California, $4.25 @4.75. Mangoes—Fancy, home-grown, bu., $1.5061.75. Melons—Honey Dew, crate, $335 25; southern Indiana TiptoD, bbl., $232 25. Onions- Indlala yellow nnd white, per 100 lbs. $1.50; per bbl, $2.7533; fancy western yellow, per 100-lb sack, $2.75®;]. Imported Spanish Onions—Per crate of fifty, $2 5033Oranges Extra fancy California Valencias. $5.5038.50. Parsley—Fancy home-grown. 30c doz. Peaches —Southern Indiana, per baak-t, $3.5034.25; some Inferiors, per bu. $2. Pears—California Bartleta, 48-lb. crate, $35034; alligators, per ds*., $4; homegrown sugar pears, bu., $3. Plums —California blue, per crate, $3.50: Blue Damson, half bu baskets, $3.2533.50; Burbanks, basket. $1.50. bu.. $3 5034 50; Wild Goose, basket, $1,593 175; Green Gage, basket, $232.50; Lombards. basket, 1232 25: Indiana blue freestone, bu., $3.54*34; Niagara plums, per basket of 20 lbs., $1.5031.75; per bu, $3 5034 Potatoes— Virginia and Kentucky Cobblers. bbl.. $5.5036.50; new home-grown, $55036. Radishes Homegrown, button, dos. bunches. 25339 c. Rhubarb Home-grown, dos bunches, 35c. Spinach, home grown. $1.253150 bn basket. Squash Rummer, oer do*. sl. Sweet Corn Per do*. 20325 c. Sweet Potatoes Alabama, bu., $2.50@3. Jersey, per bbl, $9. Tomatoes- Bu, 50'351.25; baskets, 253 50c. Turnips- Fancy, new. per bu, $2.50. Watermelons —Georgia. 35350 c.

Weathty The following table shows the state of the weather at 7 a. m.. Sept. 2 as observed by United Stales weather bureaus: Station. Bar. Temp. Weather. Indianapolis SO Si !> Cloudy Atlanta. Ga 80 06 72 Clear Amarillo, Tex 30.20 36 PtCldy Bismarck 1 30.32 54 Cloudy Boston, Alas* 29 98 68 Clear Chicago, 111 30.20 64 Clear Cincinnati, o 30.22 68 Cloudy Cleveland, 0 30.26 66 Cloudy Denver, Colo 30.21 57 Cloudy Dodge Citr, Kas... 30.24 68 Cloudy Heleua, Mont 30.26 40 Clear Jacksonville, Fla.. 30.01 76 Clear Kansas City, M 0... 30.18 06 Clear Louisville, Ky .... 30.18 64 ClouJy Little Rock, Ark... 30.06 70 Cloudy Los Angeles, Cal.. 29.96 62 Clear Mobile. Ala 30.02 74 Cloudy New Orleans, La... 30.02 78 Cloudy New York, N. Y... 30 06 66 Clear Norfolk. Ya 30.10 68 Clear Oklahoma City.... 30.14 66 Clear Omaha, Neb 30 22 68 Clear l hl'adelphla, Pa.. 30.12 58 Cle<r Pittsburg, Pa 30.22 56 PtCldy Portland, Ore 30.14 38 Clear Rapid City, S. I).. 30.34 46 PtCldy Koseburg, Ore 30,12 60 Clear San Antonio, Tex.. SO. 1 * 72 PtCldy Saa Francisco, Cal. 30.02 64 Clear St. Louis, Mo 30.18 (12 PtCldy St. Paul, Minn 30.30 54 (Tear Tampa, Fla 30.04 82 Clear Washington, I*. C: 30.14 02 Clear WEATHER CONDITIONS. The field of high pressure 1* continuing Its movement eastward very slowly, and now covers most of the country except tiie extreme northeost and the extreme sonthwest. Since Wednesday morning some showers have ocrurred from the ltnkotas and Minnesota southward almost to the gulf coast, while (air weather has prevailed In most other sections. Temperatures are lower In the Mlsslslppl and Ohio river slates, and frost was reported again last night in Wyoming. .1. H. ARM IN© TON, Meteorologist, Heather Bureau. WHOLESALE FEED ~PRICES. Ton sacks. Cwt. Acme bmnd $59.75 $3.03 Acme feed 39.73 3.03 Acme middlings 67.25 3.40 Acme dairy feed 73.25 3.70 E-Z dairy feed 66.00 3.25 Acme 11. & M 62 00 8.15 Ac ne stock feed 62.50 3.15 Cracked corn 73.50 3.70 Acme chick feed 75.25 3.80 Acme scratch 72.25 3.65 E-Z scratch 09.75 3.56 Acme dry mash 73.23 3.85 Acme hog feed 76.75 3.90 Acme barleycorn 83.25 4.20 Ground barley 66.00 3.35 Ground oats 85.75 4.35 Homllk yellow 72.50 3.65 Rolled barley 64.75 3.30 Alfalfa mol 68.00 3.45 Cotton seed meal 80.00 4.05 Kaffir cornmeal 03-75 3.25 ©RAINS. Shelled corn, small lots sl.Bl Shelled corn, large lots 1.80 Shelled corn, 2-bu sucks 1.87 Oats, 3-bu sacks 85 Oats, bulk, large.... SO Oats, less than 100 bu .81 Chicken wheat, cwt, sacked 5.00 CORN MBAL AND FLOUR. Corn meal, cwt, net ...$ 4.50 E-Z Bake baker* 1 flour. 9S-lb sacks. 13.40 CHICAGO PRODUCE. CHICAGO, Sept, 1. Butter—Creamery extras, 34%c; creamery flrst.A 32®34c; firsts. 47%@53c; seconds, 43®!48c. Eggs -Ordinaries. 45@47c; firsts, 51@52e. Cheese Twlna, 33%c; Voung Americas, 25* Live poultry -Fowl*. file; ducks. 32c; geese, 24; spring 34c; turkeys, 43c. Potatoes—Receipt*, 31 cars; Wisconsin and Minnesota, $/®2.23; Idaho, $2.50®2.90. j WAGON WIJKAT. .Indianapolis flour mills aud elevators are paying $2.33 for ;No. 1 red wheat, $2.32 for No. 2 red ai)d $2.29 for No. 3 red. Other grades according to quality.

FEE SYSTEM IN FOR DAVIS RAP (Continued From Page One.) constructive policy of management of financial problems and the time is fast approaching when the county will be facing Insolvency If something Is not done to place the finances on a better and surer basis.’ - TOUCHES ON GEORGE ROAD. “A road was built, beginning In front of County Commissioner Lewis George’s store, West Newton and running *to Valley Mills, less than three miles In length. Speaking of this, the state board of accounts, in this same report, say3 that: “ ‘The reconstruction of this piece of road seems to have cost In the neighborhood of $34,000, being In excess of SII,OOO per mile. Considering that the grading wss all done, bridges and culverts all In, an excellent foundation already there, repairs costing more than SII,OOO per mile certainly seem to be an extremely lavish expenditure. Just who Is responsible for this free-hand spending of the public funds, in such enormous sums, wltaout any contract, without competitive bidding and with ontire disregard of law and good business Jdsment, Is yet to be determined. When It Is considered, too, that this short stretch of road Is still unfinished, that some of the work may have ien done by prison labor, it Is then, only, that one begins to be appalled by the magnitude of the cost of repairs of one little stretch of county hlghw_y less than three miles In length. “ ‘This particular road district had on Jan. 1. 1918, approximately twenty-five miles of Improved roads, which disclosed a cost of $1,360 per mile for the'-'en-tire district. The entire mileage in the county at this time, as shown by the records in the office of the county highway superintendent, is 537% miles. The total expenditures from the gravel road repair fund for the year 1918 was $317,859 86, making an average cost per mile for the whole county of $499.’ "When the contract was written for the improvement of the Michigan road no provision was made for rebuilding the bridge over White river. The present bridge Is half the width of the new road and is eight feet below the grade of the new road. It will cost $50,090 more to build anew bridge now than It would bare cost had the contract been let at the time the contract for the construction of the road was made, and as a further result of this oversight this outlet to the northwest part of the county will be closed for another year or two. QUOTES FROM REPORT ON BRIDGE. "The state board of accounts, in Its report of May 26, 1919, concerning the Senate avenue bridge, says: * ‘On Aug. 2, 1916, bonds In the sum of SIOO,OOO were sold to pay for the construction of s bridge at Senate avenue over Fall creek. In 1918. there was paid on this contract on account of this bridge $10,413.10 and for the purchase of ground for approaches $3,100.00, leaving a balance from the bond issues for construction Dee. 31. 1918, of $86,486.90. “ ‘The work of building the bridge was at a standstill for some time on account of litigation and In the meantime, as shown by another tabulation, the funds have dwindled away on account of the depleted condition of the treasury until at the present time the county commissioners are In an embarrassing position ts having spent the money and the greater portion of the cost of the bridge construction is yet to be paid.’ "On April 28, 1919, Ralph Lemcke. republican county treasurer, and candidate now for re-election, said In a speech:. " ‘lf I am nominated and elected treasurer of this county. I declare It to be my firm Intention to see ‘.evil corrected and that all Interest that accrues on prepayment money on Barrett law assessments shall he credited to the Barrett law fund, thus saving the city of Indianapolis between $5,000 and $6,000 a year. “‘I consider and shall consider all public money coming Into my possession from the above fund as a public trust, and w-11l In no ways use this fund for my private gain.’ “He became treasurer on Jan. 1, 1920. At the time Barrett law funds, amounting to $587.904 07, were turned over to him. and he has not credited these sums with a single dollar of Interest. “The republican prosecuting attorney from Jan. 1, 1919, to July 1, 1920, In addition to his salary/ has been paid $51,467.52 In fees from the city court nnd the Marlon county courts, and although he Is required to have deputies and to pay them, Charles 8. Wlltsle was. upon his petition, paid $1,700 of the county's money for assisting him In the trial of the Haag perjury case, nnd this payment was made In the face of two decisions of onr supreme court holding that under the circumstances Mr. Wlltsle could recover nothing from the county for fhls service. "ALSO CASTS SHAME UPON COMMUNITY." "The republican ring Is not only directly responsible for the high taxes which we are paying in this county, but by reason of Its Immoral and Illegal conduct of the county's business It lias cast shame upon this <yumunlty. "The Investigation by Judge Anderson of the conditions existing In the Marion county Jail disclosed that a poker game was maintained In the Jail and prisoners were induced to play while the guards took a rakeoff from every pot; that decomposed meat w-as served and the food was unfit to sustain life; that prisoners were permitted to leave the Jail and visit their homes and paid jaiiers for that privilege; that an Insane prisoner who climbed the bars of a cell was burned on the soles of his feet so that he could not stand: that an insane prisoner was thrown into a cell naked and washed with a hose, then being allowed to lie

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We are pro* I HANC on farm and pared to make LwMllO city property THOS. C. DA V & CO. Trust Building ‘SS LIBERTY LOAN BONDS SELL 415 LEMCKE BLDG.

unprotected on the wet floor and that he died shortly afterward; that jailera accepted bribes from prisoners for ape cial privileges and were for specified sums made trusties. ‘‘The republican sheriff has been dieted but he has not been tfWP “One of the underlings was tried and! fined $250 and given ten days In from which he appealed to the supreme court, where his case is now pending. “The sheriff is paid sixty cents a day for feeding each of the prisoners and the proof In Judge Anderson's court was that they were fed spoiled food. The Indianapolis Chamber of Commerce, from Sept. 1 to Sept. 30, 1918, fed 1,348 men at a cost of forty-five cents a day for each man, and out of this paid all overhead expenses and the cost of help, rent, light and heat. "A man by the name of Whiteside wa given the contract by the republican board of county commissioners for the burial of the pauper dead and, according to the state board of accounts’ report : "1. He buried a pet dog named ‘Woody’ with the bodies of three babies. "2. He burled bodies In graves ranging from 11 to 18 Inches deep. "8. He collected money from the county for the burial of paupers whose bodies he turned over to medical Institutions for fees. "4. He collected money from the county for the burial of persons whose relatives also paid for their burial. “This man was sent to the penitentiary on Sept. 23, 1919, but on April 21, 1920, with the written consent of the republican judge of the Marlon criminal court and the republican prosecuting attorney, he was paroled by Gov. Goodrich." JEWETT BUNCH FACES GARBAGE PLANT EXPOSE (Continned From Page One.) Chamber of Commerce Activities,” and that Mr. Swift asserts that the board can sell tankage at present at only 10% rents a pound when It brought 19 cents during the war period and grease at 6 cents a pound, as compared with 13% cents during the war, It is not unreasonable to expect that the deficit which Mr. Swift’s promised statement will show will be in the neighborhood of at leas: $2,000 a month. If the estimated $69,260 cost for collection, the $7,875 Interest charges and the $24,000 a year deficit which a loss of $2,000 a month In plant operation would occasion are added the total cost of garbage collection and disposal, exclusive of the salaries of the sanitary board, and the members of the board of works, which has control of collection, would be $101,135. which is $17,135 mors than the Indianapolis Reduction company's bid. City officials asserted this bid was so high that the city could save money by buying the plant from the company, in which Gov. James P. Goodrich was a stockholder.

FORMER BOCHE LEADER SHOWS IN SOVIET DEAL (Continued From Page One.) impossibly strategically to halt at this line and In this contention American military experts concur. ALL 18-50 RUSSIANS CALLED TO ARMS LONDON. Sept. 2.—Further indication of the intention of the bolshevik to take the Initiative in all military operations was seen In the report today that the soviet government had decreed general mobilization of all Russians between the ages of 18 and 50. This Information was received from Polish sources and followed closely the defeat of Gen. Wrangel in South Russia and a renewal of bolshevik attacks on the Polish front. POLES ADMINISTER ANOTHER DEFEAT PARIS, Sept. 2.—The Poles, resuming their attacks on the northern front, have administered a heavy defeat to the Russians and reached the Lithuanian frontier, according to official advice* received by the French war office from Warsaw today. Board of Exchange Seeks New Home Following the annonneement that tha J. F. Wild A Cos. had secured a ninety-nine-year lease held by the Marcna Loew Realty Company on tha proparty at 123127 East Maj-ket street, the suggestion was made at the meeting of the board of exchange today that J. F. Wild, who Is a member of the board, consider plans for arranging for permanent quarters of the board In the property leased by the hanking house. Mr. Wild said that he considered the suggestion c good one and tbit he would consider the making of such arrangements. In discussion of the lease. Mr. Wild stated that th lease required the building of a $200,000 building on the site of the property within the next twenty-flvs years. The lease will actually run, Mr. Wild stated, ninety-seven years and six months, as a part of the lease time has already expired. , For the iast six months the banking company has held no contract on the building and paid the rental each month, which made them probably subject to a hunt for new- quarters at any time, Mr. Wild said.