Indianapolis Times, Volume 33, Number 136, Indianapolis, Marion County, 16 October 1920 — Page 9

STOCK MARKET OPENS DULL Decline Sets in After Opening —Copper and Motors Dull. NEW YORK, Oct. 18.—Ttie Reading ls*Ues featured a dull, irregular opening of the stock market today. The first and second preferred issues were In active demand and rose sharply. Reading first moved up 5 points to_ 61 and the second preferred 6 points to 65. These stocks acted to a great extent as if orders to buy at the market had been sent In from outside sources and were taken at the standing offers on the broken’ hooks or at whatever some of those who recently bought cared to sell at. In the early dealings price fluctuations were narrow and Irregular, but Bfter the first twenty minutes a selling movement developed, causing some sharp declines. Fractional losses were sustained in the copper and motor shares. The market closed steady today. Closing prices: United States Steel 87%. off T 4; Bethlehem B 70%. off 1; Baldwin 114%. off 1%: Mexican Petroleum 190, off 1%; Sears Roebuck 107%, off 5: New York Central 82. off %; Reading 98. off 1%; Southern Pacific 99%. off % : Studebaker 58, unchanged; U. S. Rubber 77, off %; General Motors 18%, off %. (Bv Thomson & McKinnon) —Oct. 16— ' The stock market today while, not very active nevertheless was sufficiently reactionary to give the market a very poor appearance. The notable feature was that the selling came from commission houses rather than from the professionals as heretofore and this is not at all surprising when we the general business situation ■Represent time. W Whatever good points exist are for the overshadowed by the weak points in weak industries, such as. for instance, over-extgnsion in the motor industry, ehipplng aggravated by the coal strike in England, mercantile institutions because of shrinkage in inventory values, steel business because of doubt as to price. The oils occupy a strong position, but the market for these shares acts stale. The choice part of the market is found in the railroad list, where the likelihood of a further advance Is still promising. The strong point of the stock market consists of a prospective big demand In the future, backed by a financial structure that is growing stronger daily. We have passed the worst of the strain, and while we may expect occasional flurries, the tendency should be toward normal. Furthermore, quoted values of obr se rurlties are thoroughly deflated. Taking all things Into consideration, we feel that the better opportunities will be found on the long side of the market, nut for the present would confine purchases to the periods of weakness. TWENTY STOCKS AVERAGE. NEW YORK, Oct. 16.—Twentv lndustrial stocks averaged 84.40. an increase of .18 per cent. Twenty active rails averaged 84.65, an increase of .47 per cent. NEW YORK STOCK SALES. NEW YORK, Oct. 16.—Total stocks Kies today were 249,400 shares; bonds, .234.000. Total sales of stocks for the week were shares; bonds, 176,210,000. CLEARING HOUSE STATEMENT. NEW YORK, Oct. 16.—Clearing house statement: Sub-treasury debit, $859,604exchanges. 11.103,766,513; balances, sllO,013.368. Honey and Exchange L Indianapolis bank clearings today were $3,088,000. against $2,539,000 a week ago. For the week ended Saturdav hev wer® $18,496,000. against $18,182,0(50 for the week before. KBW YORK, Oct. 16.—Foreign exchange quotations at the opening today Included: Sterling demand. $3 iu • francs. .0651; lire, .0391; marks, .0142, and Canadian dollars, .9035. Quotations were steady at the close, sterling $3.46; francs, .0649; lire. .0390; marks, .0142, and Canadian dollars, .9038, \ YORK, Oct. 18.—Commercial bar isilver was today quoted as follows: Domestic. unchanged at 99%c; foreign, l%c lower at 81%c. LONDON, Oct. 16.—Bar silver was %and lower at 53d. MOTOR SECURITIES. (By Thomson &, McKinnon) —Oct. 16— ®jrt*, coe .**l3 16*' Chalmers, com j y. gu Packard, com i < u Packard, pfd ' 7., ** Chevrolet 250 500 Peerless 32 Continental .Motors, eom 7 u. ' 7*. Continental Motors, pfd.’..*,’ 9:( ftj S°PP. Pfd do* 101 Reo Motor Car ->314 23V Elgin -Motors !£! 7% lit Grant Motors * 3a? Ford of Canada .. . , sen 4 Lnlted Motors 30 45 National Motors ."!* i<>u Federal Truck 20 23V Paige Motors ........ IS 20 Republic Truck 3C 34 ACTIVE OIL Thomson & McKinnon) —Oct. IC—- * Opening— Anglo-American Oil 20% ■*v}l" Atlantic Refining 1060 * 1 jJio Borne-Sery mser 4jg 403 Buckeye Pipe Line S8 91 Chesebrough Mfg. Cons 210 225 Chesebrongh Mfg. COU6. pfd. 100 105 Continental 011, Colorado... 115 i o o Cosdeu Oil and C.as 7 *714 Crescent Pip* Line 30 33 Cumberland Pipe Line 138 144 Elk Basin Pete 8% btz Eureka Pipe Line 114 11.8 Galena-Signal Oil. pfd W 5 90 Galena-Signal Oil, com 43 43 Illinois Pipe Line 160 163 Indiana Pipe Line.... 90 93 Merritt Oil 14% 14V Midwest Oil 1 is? Midwest Refining 148 150 National Transit 29% 31 New York Transit 170 tBO Northern Pipe Line.. 7. 99 lOC Ohio Oil 298 303 Penn.-Mex ” "49 51 *rf*fairle Oil and Gas 550 (*55 Prtirie Pipe Cine 220 22P Scpulpa Refining y.ai ~ 5x4 Solar Refining 390 410 Southern Pipe Bine *ll9 123 South Penn Oil* 268 272 Southwest Penn Pipe Lines. 63 67 Standard Oil Cos. of Cal 320 320 Standard Oil Cos. of Ind... 700 705 Standard Oil Cos. of Kan... 520 540 Standard OH Cos. of Ky 463 480 Standard Oil Cos. of Neb.... 430 440 Standard Oil Cos. of N. Y... 375 378 Standard Oil Cos. of 0hi0... 400 420 Swan & Finch v 60 70 I'nion Tank Line 114 118 Vacuum Oil 348 353 Washington Oil 30 35 NEW YORK CURB. (By Thomson & McKinnon) —Oct. 16— —Closing— Bid. Ask. Cnrtle Aero, com 4 7 Curtis Aero, pfd 20 40 Texas Chief 10 12 Sub Boat 11% 12% First National Copper % 1% Goldfield Con 8 10 Havana Tobacco 1 iv Havana Tobacco pfd 4 8 Cent Teresa 4% 5% .Turnbo Extension j. ... 5 6 International Petroleum 18 16% Nlpisalng B% 8% Indiana Package 414 4% Royal Baking Powder 11l 119 Royal Baking Powder pfd.. 83 85 Standard Motors 8% 7% Salt Creek 28 30 •SLonopah Extension 1% I*4 Tonopah Mining 1% 1% United P S new- 2% 2% V. S. Light and Heat 1% 2 I'. S. Light and Heat pfd... 1 2 Wright-Mattln 4 7 World Film % % Yukon Gold Mine Cos .V. 1 1% Jerome % u New Cornelia 17 19 United Verde 29 31 ,Sequoyah % % ■*i-ar MH -2% 3% *k public Tyre 1% 2

Stock Market Review •> NEW YORK, Oct. 16.—The New York evening Bun’s financial review today said: I "Trading was slow aria price changes i rather unimportant In today’s short session of the stock market. ‘‘There was no particular trend to the 1 list at any time; Indeed, movements were ! mixed from the beginning. | "The list became reactionary toward ; the closing, with a few features of pronounced weakness. "Sears-Roebuck was pressed down more than 6 points. "Reading first and second preferred lost about a half of their earlier gains of 4 to 6 peints. "The support of the short interest seemed to have been wholly withdrawn and the market was left to drift.” N. Y. Stock Prices —Oct. 16High. Low. Close. Close. Alaska Gold 1% 1% 1% 1% Allis-Chalmers.. 34% 34 34 84% Am. Beet Sugar. 78% 73% 78% 74% Am. Bosch 78 78 78 75% Am. Car A Fdy.l3s 134% 134% 135% Am. Can 38% 88% 33% Am. H. &L. com 10% 10% 10% 10% Am. H. & L. pfd 61 60 80 60% Am. Drug 9% 9% 9% Aril. Int’l. Corp. 73% 72% 73% 73% Am. Linsed 71% 69Vs 70 60% Am. Loco 00% 05% 05% 97% Am Smelt & Ref 60 59% 59% 59% Am. Sugar Ref. 103% 102 103 103% Am. Su. Tob. Cos. Bft 88% 88% 88% Am. Steel Fdy. 38* 38 38 88% Am. Tel. & Tel. 100 100 100 100 Am. Tobacco.... 134 134 134 185% Am. Woolen 74% 71% 71% 73% (Anacon. Min. Cos. 50% 40% 50 50% Atchison 88% 88% 88% 88% At. Gulf & W. 1.144% 144% 144% 146 Baldwin L0c0...115% 114% 114% 115% B. 4 0 4ft 48 48 48% Beth. Steel "B”.. 71% 70% 70% 71% Brook. R. T 14% 13% 13% 14 Canad. Pac. Ry. 120% ' 126% 126% 126% Central Leather. 42% 41% 42 43 Chandler Motors 85 84 % 84% 86 C. 4 0 68% 87% 67% 68% C., M. 4 St. P.. 44% 43% 43% 44% C. M. &St P pfd 6i% 63% 64 64% Chicago 4 North 82% 82% 82% 83 C, R I. A P.. 39% 38% 30 39% CR U P 6f. pd 70% 70% 70% 70% CF I t PUo pd 83% 83% 83% 83% Chili Copper.... 15% 13% 13% 13% Chino Copper... 24% 24% 24% 24% Coca Cola 30% 30% 30% 30% Col. F. 4 Iron,. 34% 34% 84% Columbia Gas... 60% 60 60 00% Columbia Grap.. 20% 20% 20% 20% Consol Gas„... 86% 86% 86% 87 Cont. Candy Cos. 10 10 10 10 Corn Products.. 84% 84% 84% 84% Crucible 5te1...131 129% 129% 130% Cuban Am. Sng. 40% 39% 40% 40 Den. 4 Rio. G.J 2% 2% 2% 2% D. 4R. G. pfd.. 4 3% 4 3% Erie 19% 18% 18% 10% Erie Ist pfd.... 29% 28% 23% 29% Fisk Rub. C 0... 21% 21 21 21% Gaston.W AW. .7 7 7 6% Gen. F>lecrric....l4oVi 140% 140% 140 C.en‘l Motors... 13% 18% lVi 18% Goodrich 50 49% 49% 50% Gt. North, pfd.. 89 88% 88% 88% Or. Nor. 0re.... 34% 34% 34% 34% Houston 105 105 105 107 inspiration Cop. 43 43 43 43% luterboro Corp.. 5% 4% 5 4% 1 Intern’l Nickel.. 17% 17% 17% 16% Invincible 0i1... 32% 31% 32 32% Kan. City 50... 23% 25% 25% 23% Kelly-Spring .. 52% 52% 32% 52% Kennecott Cop.. 22% 22% 22% 22% Lackawanna Btl. 65% 65% 65% 65 Lehigh Valley... 54% 53% 53% 54V 1 Guts Inc 20% 20% 20% 20% Marine com 18% 18 18% 13 1 Marine pfd . 70% 69% 69% 71 Max. Motor com. 3% 3% 3% 3% Max. Mot. 2d pfd 8 8 8 8 ! Mex Pete 192 189% 190 191% Miami Copper. 19 19 19 10% Mid Stares Oil. 13 14% 14% 14%. Midvale Steel.... 38V* 38 38V* 38% M. K. 4 T 3% 5% 5% 5% Mo. Pacific Ry. 28% 28 28% 29% Nat. Lead 73 75 75 75% N. Y. Central. 83% 81% 82 82% New Haven 34% 34 34% 34% Nor. 4 Westrn .100 100 100 101 Nor Pacific 01 90% 90% 91 Ok.P. A R.C0... 3% 3% 3% 3% Pan-Am. Pete... 89% 88% 88% 90% I’enna. Rv 43% 43% 43% 43% People’s Gaa.— 39% 39% 39% 39% Pierce Arro- 36% 36 38 38% Bierce Oil Cos. 14% 14% 14%' 14% i Pitt*. Coal 68% 67% 67% 68% P. Steel Car.... 97% 97% 97% 98 Ray Copper 14% 14% 14% 14 Reading 99% 97% 98 !9% R. Iron & Steel. 77% 77 77 78 Repior'.e Steel.. 78% 77 77 81% Roy. Dutch,N.Y. 80% 79 79% 80 Seara-Roebuck ..112% 107 1()7% 112% Sinclair 32% 31% 31% .72 Sloss-Sb. S. A I. 67 66% 66% C,7 Southern Pac...100% 99*h 99% 16)% Southern Ry... 32% 31% 31% 31% St. L A S.F.cnm. 32% 32 32 32% Stromberg Carb 71% 70 70 71 Studebaker .... 58% 57% 58 58 Tenn. Copper... 9% 9%i 9% 9% Texas Cos 51 50% 50Vi 50% Texas 4 Pacific 21% 19% 21% 16% Tob. Products.. 67% 66% 67 07% Transcon. 0i1... 12% 12 12 —l2 Union Oil 27% 27% 27% 26% Union Pacific.. .127% 127 127 127% Un. Ret. Stores 73% 72% 72% 73% U. S. F. P. Corp. 49% 49% 49% 49% U. 8. In. Alcohol 85% 85 85 85% U. 8. Rubber... 77% 76% 77. 77% U. 8. Steel 88% 87% 87% 88% U. S. Steel pfd. 108% I*B% 108% 108% T'tah Copper— 57V) 67% 57% 57% Vanadium 'Steel. 65% 64% 64% 65% Vir.-Car. Chem.. 69% 59% 56% 60 Wabash 12V* 12>* 12% 12% Wab. Ist pfd... 33% 32% 32% 33 W. Maryland... 15% i5 15% 15% West. Union 80% 66% 86% 85% West. Elec 4040 4C 47 White Motors.. 46% 46% 40% WHlys Overland 11% 11% 11% 11% Wilson 4 C 0.... 53 53 53 NEW.YORK LIBERTY BONDS. -Oct 10— I’rev. High. Low. Close. Close. L* B. 3%S 92 HO 92 40 02.40 92.40 L. B. Ist 45.. 89.50 89.50 89.50 89 39 L. B. 2d 4s 89.10 L. B. Ist 4%5. 89 90 89 90 89.70 89.70 L. P.. 2d 4%5. 89.64 89.44 89 50 89.36 L. B. 3d 4%5. 91.00 90.78 90 SO 90.80 1,. B. 4th 4%s 50.58 89.00 80.52 89.31 Victory 3%*.. 96.10 96.12 96 16 96.12 Victory 4%5.. 96 22 96.04 96.14 96.00 NEW YORK BANK STATEMENT. NEW YORK. Oct. 16.—Bank statement (five days). Average: Loaus, Increased. $54,852,000; demand deposits. Increased, ,63 913; time deposits, decreased, $028,■000: reserve increased. $1,193,740. Actual: Loans, increased, *42.183,000; demand deposits, increased. $95,533,000; time deposits, increased. $10,385,000; reserve. decreased. $9,943,960. 1 CHICAGO STOCKS. (By Thomson 4 McKinnon) —Oct. 16Open. High. Low. Close Carbide 4 Car. 0% 60% 60% 60% Libby 12 Mont.-Ward ... 26 26 25% 20 Nat. Leather— 9% Sears Roebuck .113 HR 107% 107% Stewart Warner 31% 31% 31% 31% Swift Inter 29% Arm Lea. 16% CROP SUMMARY. With all the danger to corn removed bythe late arrival of frosts, general attention has been transferred tb-cotton and white potatoes, the harvest of wnicb continues. Conditions of cotton is uneven, with picking continuing for the most part under favorable conditions. Discussion of the market features the situation In this commodity. White potatoes have been attacked by the rot in New England and the Middle Atlantic States, but the extent of damage has not yet been ascertained. In Michigan and other States of the upper Mississippi basin, white potatoes are generally satisfactory, although the Minnesota crop Is uneven. Rain would improve hay lands and pastures and place ground in better shape generally for fall wheat seeding, which, however, continues satisfactorily. CLOTHING PRICES TUMBLE. DETROIT, Mich.. Oct. 10.—Clothing prices are tumblls>jt. Foodstuffs, with yie exception of sugar, are not tumbling. This Is the situation in Detroit, where prices are generally known to be higher than io moat cities. The larger retail clothing firms have announced price reductions. They would not, as one said, "enter the realm of prophecy” and predict further declines. Wholesale clothing salesmen, however, predict a return to pre-war price*, which would mean a 50 per cent cut.

HOG MARKET TONE STEADY Hog Prices Steady to 10 Cents Up—Cattle Firm. RANGE OP HOG PRICES. Good Good Good Oct. Mixed. Heavy. Light. [email protected] [email protected] [email protected] 11. 16 [email protected] 16.22016.36 [email protected] 12. 16.00 @16.15 16.00 @16.25 [email protected] 13. 16.75 @ 16.85 [email protected] [email protected] 14. [email protected] [email protected] [email protected] 15. 15 [email protected] 15.75(15.90 [email protected] 16. [email protected] 16.75 @ 16.00 [email protected] There was a steady tone to trading In Jiogs on the local stock market at tha opening today, with prices steady to 10 cents higher. . Trading was of a general nature, with both the local packers and the Eastern shippers taking their usual quota. However, near the close of the early forenoon trading, there were some indications that there would not be a good clearance for the day, with movements indicating that buyers had about gotten their orders and with many hogs not sold. The clearance for the Friday market was fair at less than 500 left over from the Saturday market. Receipts for the day approximated close to 6.000 fresh hogs. Roughs and pigs were about steady. The bulk of sales for the day ran dose to [email protected]. Trading on the cattle market was a little more active, with prices about steady. All of the local packers were in the market to a limited extent. Receipts for the day were approximately 300 fresh cattle and a considerable number of stale cattle from the Friday marker. Trading on the calf market was fairly good for the closing day, and prices were about steady. However, there was a sl7 top, which was 50 /cents higher than the top of the market of the day before. Sheep were fairly steady, with good demand, and lambs were 50 cents higher on the choice kinds at [email protected]. There were approximately 300 sheep and lambs on the market. HOG 8. Best light hogs, 160 to 200 lba average sls 30015.70 200 to 300 lbs average 15.75<ai6.90 Over 300 lbs 15.00016.50 Sows 18.50®14.25 Beet pigs, nnder 140 lbs 14 504x15.00 Bulg of sales 15.50m5.*> CATTLE. Prime cornfed ateera, 1,300 lba and up [email protected] Good to choice steers, 1,200 to 1,300 lbs 14 00016.25 Good to choice ateera. 1,100 to 1.200 lbs 10.75013.73 Good lo choice steers, 1,000 to 1.100 lbs 9.50@ 13.00 Common to medium steers, 900 to 1.000 lbs B.oo@lo 50 Heifer* aud Cows— Good to choice heifers 10.00013.25 Medium heifers v . 8.500 900 Coracn to medium heifere.... fi.OtxS 7.50 Choice cow 8.50(210.30 Good to choice cows 7.000 7.50 Fair to medium cows 5.50@ 8.50 fanners 3.500 4.25 Cutter* 4.50@ 7.23 —Bulls— Good to choice butcher bulls.. 7.so'i i 9.00 Bologna bulls 6 000 7.30 Light common bulls 4.500 6.00 —Calves— Choice veal* [email protected] Good veals [email protected] Medium veals KMXgSUUIO Light weight veal* 7 [email protected] Heavy weight calves [email protected] Stockers and Feeders— Good to choice ateera. 800 lbs aud up - 9 [email protected] Good to choice steera, under 800 lbs 7.50@ 8.00 Medium to good cow* 5 00® 5.50 Good cow* 5.50® 0.00 Good heifers 6.300 750 Medium to good heifers H.75@ 7 00 Good milkers 50 00Q125 00 Medium milkers [email protected] Stock calves. 250 to 450 lba... 7,00® 9.00 .SHEER AND LAMBS. Good to choice sheep 4.00@ 4.50 Fair to common 3.ot)@ 4 Ou Bucks 3.00® 4 00 Lamb*— I'omon to choice yearlings... -i.oo® 500 Spring lambs 6.0001 1.50 Other Live Stock J CHICAGO, Oct. IS.- Hogs—Receipts oOOO; market steady; bulk, 814 60013 95• butchers, [email protected]; packers, $14@15 55; lights. $14.75@15 63; pigs. |14@15 30; toughs, [email protected]. Cattle—Receipts, .00o; market steady; beeves, $176x18.40ters $8.(506.75; stockefs and feeders, $4-50011.(5; cows. 16.25011; calves, $13.50 @U> Sheep—Receipts. 7.000; market aso* 15 ' S 7 - 50 ewes. $2.25@ *.^ CIS VP- oc }' 13. -Hogs Receipts, 2.200, market steady to 25c; pi K g. higher, heavy, mixed and mediums, Slli; Hg.its, $15.50; pigs, $14.50; roughs, sl4.rsO; stags, 910.50. Cattle— Receipts, 200; marW *s v : bull *- weak; calves, weak. sls @l7. Sheep and lambs—Receipts, 50; market weak. I®-—Hog*—Receipts, WOO: market slow aud dull; yorkers, $1 S iMd - *16.25; medium, $16.23; pigs, $1j.50; roughs, sl4; stags. $lO Cattle—Receipt*, 318); market slow and dull Sheep and lambs—Receipts. 300; market steady; to<S. $11.50. Calves—Receipts. 300; market slow to 50c lower; top, $17.50. EAST BUFFALO. Get. 10.—Cattle -Receipts, 650; market, slow and Steady; prime steer*, slfl@l7; shipping steers, s9@ 13.75: cons, [email protected]. Calves—Receipts, 200; market, active, $1 lower; culls, choice, s3@ 19. Sh ep and lambs Receipts. 2.400- market, slow. 25c lower; choice lambs, $12012.25; culls, fair, s7® 11.75; yenrllngs, *7W,B ; sheep, $406.50. Hog* Receipts, 3,200; market, slow, 15 Ccv 2sc lower; yorkers. $16.25010 00; pigs. $10; mixed. $16.25010.00; heavies.' $16.00 @10.75; roughs, $12013.50; stags, EAST ST. LOUIS, 111., Oct. 16.—Cattle —Receipts, 700: market steady; natlv beef steers, $15.75016.50; yearling beef steers and heifers, $15016.50; rows. s9@ 12- stockers and feeders, $0(49.50; Calves, [email protected]; canners and cutters, $3.30 Hogs—Receipts, 5,000; market 10c lower. Sheep—Receipts, 2,000; market steady. PITTSBURGH, Oct. 16.—Cattle—Receipts light; market steady; eholce. $14(0! 14.50; good. $11.50012.50; fair. $11,250 12.25; veal calves, $18018.50. Sheep and lambs —Recfdpts light; market lower; prime wethfrs. $7.2507.50 ;.good. [email protected]; mixed fair. s4@s; spring lambs, sl2@ 12.25. Hogs—Receipts, 10 doubles; mar ket lower; prime heaviea. $16.7iV(717; medium*. $10.75@17; heavy yorkers $16.75@17; light yorkers, $1(@16.23; pigs’ $15.75(%10; rough?, sJ2'n 15 ; stags, $800.50.

WHOLESALE I’ROULCE. Eggs—Fresh/ loss off, 58c. Poultry—Fowls, 20®24c; broilers, iy a to 2 Jbs, 33c; broilers, Leghorn, ?se; cocks, 16c; old tom turseys, 35c; young torn turkeys, 12 lbs and up, -sue; young I Uen turkeys, 8 lbs and up, 40c; cull thin turkeys not wanted; ducks, 4 lbs and up, 25c; ducks, under 4 lbs, 20c; geese, 10 lbs and up, 20c; youug geese, 22c; squabs, 11 lbs to dozen, $6; guineas, j lbs per doe, $9. Butter Buyers are paying 60®61c for creamery butter delivered at JndiauapoButterfat—Buyers are paying 59@GOc for cream delivered at Indianapolis. Cheese (jobbers’ selling prieps)—Brick 30®31c; New York cream. 32c; Wisconsin full cream, 31®33c; longhorns, 31® 83c; limburger, 32®33c; Swiss, domestic. 60c; imported, sl®l.OG. CLEVELAND PRODUCE. CLEVELAND. Oct. 15.—Butter-Ex-tra. tub lots, eoV4@6lc; prints, 61)4@62c; extra flrsts, 39&@60r; firsts, seconds. 55®56<\ Eggs—Ohio flrsts. new cases, 62c; old cases, 58V4@S9c; fresh fathered northern extras, 66c; extra firsts, lc; western eases, flrsts. 60c. (Case cob- i tains 30 dozen.) Poultry —Good heavy fowls. 22@30c; light stock. 25®28c; I broilers. 28@S2s; old roosters, 22@23e; spring ducks, 35@37c. CHICAGO PRODUCE. CHICAGO, Oct. 16.-;-Butter —Creamery extras, 54Vae; creamery firsts, 51%c; firsts, 45(0530; seconds, 40®42c. Eggs— Ordinaries. 49®55c; firsts. Cbeese—Twins, 25^c; young Americas, 26-. Liv.- poultry—Fowls. 21®23V6c. ducks, 24c; -.geese, 23c; spring chickens, 24c; turkeysq4Qcj roosters, 18c, Potatoes Wisconsin aid Minnesota, [email protected].

INDIANA DAILY TIMES, SATURDAY, OCTOBER 16, 1920.

Farmers Inclined to Hold Wool Special to The Tlnves. NOBLESVILLE, Ind., Oct. 16,-Tbe firm of Duncan & Leavitt, of this city, which practically qcntrola last spring’s wool clip in central and eastern Indiana, say they are not at all anxious to pay 30 cents a pound for wool which has been their price to those farmers who desired to sell their product outright. This firm has about 500,000 pounds In the warehouses of Hamilton, Madison. Delaware, Jay and Randolph Counties on wblph they advanced farmers an average of 25 cents a pound with the understanding that the rest* would be paid when the wool was s,old. This firm and also most of the farmers who are interested In this large consignment of wool are inclined now to hold for a material advance rather than dispose of it at a loss. The Noble.,ville firm says It has had no bids for several weeks and It Is making the prediction that there will be no market for wool for some time. Local Stock Exchange —Oct. 16— STOCKS. • Ind. Ry. 4 Light, com 65 ... Ind. Ry. 4 Light, pfd 05 Indpls. & Northwest, pfd., 75 Tndpls. 4 Southeast, pld.., 75 Ihdpls. St. Ry 01 70 T. H„ T. 4 L 62 T. 11 , I. & E„ com • 1% 6 T. H., I. 4 E., pfd 9% 18 U. T. of Ind., com 1 U. T. of Ind., Ist pfd 10 U. T. of Ind., 2d pfd 2 Miscellaneous— Advajnee-Uumely, com Advance-ltumely. pfd American Centra! Life 235 ' ... American Creoaoting, c0m.... 93 Belt Railroad, com 65 75 Belt Railroad, pfd 47% ... Century Building, pfd 95 '... Cities Service, com Cities Service, pfd <*!ti*en Gas 33% 35% Dodge Mfg., pfd 91% ... Home Brewing 55 Indiana Hotel, com 64 Indiana Jiftel, pfd 90 Ihdlana National Life 4% ... Indiana Title Guaranty ... 59 71 Indiana Pipe Line 89 Indpls. Abattoir, pfd 46 51 Indpls. Gas 45% 50 Indpls. Tel., com 0 Indpls. Tel., pfd 88 Mer. Pub. Util., pfd , National Motor 7 11 Public Savings 2% ... Rauh Fertilizer, pfd 43 Standard Oil of Indiana.... 700 Sterling Fire Insurance 8 Vani’amp Hdw,, pfd 95 Van Camp Pack.. Ist pfd ......96 .Vaut’amp Prod.. l*t pfd 95 Van Camp I’rod., 2d pfd .... 95 Vandalta Coal, coin • 5 Yaudnila Coal, pfd 10 Wabash Railway, com 12% ... Wabssh Railway, pfd 81 Ranks and Trust Companies— Aetna Trust 106 Bankers Trust 118 City Trust 82 Commercial'National 66 Contiuentni Natl Bank W3 Farmers Trust #X) ..4 Fidelity Trust 126 Fletcher Atner. National 250 Fb-tcher Bv. 4 Trust 163 Indiana National 285 290 Indiana Trust 104 Live Stock Exchange 450 ... Merchants National 279 National City 112 People’s State 176 Security Trust 120 State Savings and Truat.... S3 91 Union Trust 340 370 Wash. Bank and Trust 150 BONDS. Broad Ripple 5a 53 Citizen* St. Ry. 5a 74 79 Ind Coke 4 Gas Cos. 0s 87 Indian Creek Coal * Min.... 98 Indpls. & Colum. South. 5*.. 88 Indpls. ft Greenfield 5s 90 Indpli*. 4 North. 5a... 41 Indpl*. 4 Northwest. 6a 58 ... Indpls. 4'Boutbatern 45 Indpi*., Shelby 4 8. E. 55... 80 ... Indpls. Sr Ky. 4*.... JO 70 Indpls. Tree 4 Term. 5*..... 71 K (komo, Marlon 4 Western. 80 86 'Union Tree, o-’ Ind. fla 52 00 Citizen* Gas Cos 73% 75% Ind Hotel 2d 6s 96% ... Indpl*. Gas 5* 73 75 Indpls. L 4 II 7*l 85 Indpls. Wafer 4%s 71 80 Indpls. Water 5s 88 92 M. ft. 4 L. ref 5s 87 90 New Tel Ist sis 94 New Tel. Long Dint, 5s 93% South. Ind. Power 6s 80 LIBERTY BONDS. Liberty first 3%a.. 92 44 90.61 Liberty first 4s 83.90 .... Liberty second 4a... .... Ltherty first 4%a 89 70 89.99 Liberty second 4%* 89 56 89 73 Liberty third 4%* 90 80 91.00 Liberty fourth 4%* 80.52 89.72 Victory 3%* 06.10 90.33 Victory 4%s 90.14 93.34

In the Cotton Markets

; NEW YORK, Oct 18.—The cotton rnarke twai weak at the opening today, underselling from Liverpool, the South and 'from local and Wall afreet Interest*, re ;He -ting the Rritlsh labor altuatlon and ! growing depression in the textile IndusI try. First prices were CO and 30 points lower. I There was a fair amount of trade buying and short covering ou the decline, bnt except for occasional small rallies the market continued easy. New York cotton opening: October, 1 10 48c; December, 19.70 c: January, 19.20 c; March, UMc; May, 19.06 c; July, 18 95c; August, 18.76 c, bid; September, 18.50<a j bid. - ’ The market turned very weak late In the day under heavy general selling and closed at a net decline of 70 to 140 points. New Yt rk cotton range— Open. High. Low. Close. October 10.4* 20.00 10.48 19 4s December .... 10.70 19.54 18.60 18.77 .January 19.20 19.30 18 28 18.28 March 19.05 19.15 18.85 18 42 i May ll* OS 1912 18.85 15.41 (July 18.95 18.05 18.16 18.15 NEW ORLEANS, Oct. 16—Cotton futures opened easier at declines of 23 to . 116 point, with the exception of July | which showed an advance of 5 points. Unfavorable labor and financial rondl i tlon; and heavy selling In New York, ! were the dominating influences, i After a brief period of covering the market again became heavy, selling down ! !k) to 100 points under the opening. The close was weak, 105 to 200 points ! net lower. ! The New Orleans cotton range— Open. High. Low. Close. ! October 19 70 10.70 18.10 18.10 December 19.00 10.10 18.00 IH.OS I January 18.65 18.83 17.75 17.75 | March 18 62 18.70 17.06 17.65 | May 18.45 18.53 17.55 17.55 Ju1y..,., 18.40 18.40 17.20 17.29 LIVERPOOL, Oct. 15- Spot cotton opened irregular. Prices were easier. Sales totaled 4.000 bales. American middlings were fair, 27.67d : good middlings, 17.92d; fully middlings, ,O.C7d; middlings. 15.17d; low, 11.87d: good ordinary, 8.17d; ordinary, 7.17d. Futures were steady. WHOLESALE FEED PRICES. Top Sacks. Cwt. Acme brand 850.00 52.35 Acme feed 50.00 2.35 Acme middlings 56.00 2.85 Acme dairy feed 58.00 2.95 E-Z dairy feed 50.00 2.55 Acme H. A M 47.25 2.40 Acme Stock feed... 42.00 2.15 Cracked corn 47.75 2.45 Acme chicken feed 57.25 2.90 Acme scratch... 54.25 2.75 E-Z scratch 51.25 2.60 Acme dry mash 50.50 2.85 Acme hog feed ’ 50.75 2.90 Homlik yellow 47.75 2.45 I Rolled barley 55.00 2.80 Alfalfa mol 55.00 2.80 Cotton seed meal 63.25 3.20 | Linseed oil meal 00.00 3.50 GRAINS*. Shelled corn, small lots $ 1.32 Shelled corn, large lots I.SI Shelled rorn, 2-bu seeks 1.42 Oats, bulk, large 07 Dale. IeBB than 100 bu fei Chicken wheat, cwt, sacked: 4.80 CORN MEAL AND FLOUR. Corn meal, cwt, net ....$ 3.75 E-Z Bake bakers' flour, 98-lb sacks. 12.40 LOCAL HIDE MARKET. Green Hides—No. 1 13c: No. 2. 10c. Green calves—No. 1 13c: No. 2, llV4c: | Horsehldes —No. 1, 15; No. 2, $4. Cured hides—No. 1,15 c; No. 2. 14c.

GRAIN PRICES SUSTAIN LOSSES Wheat Leads in Decline—Provisions Slump. CHICAGO, Oct. 16.—Grain prices declined sharply again today on the Chicago Board of Trade when large selling orders came Into the market from local and eastern tmders. Wheat led the decline with prices off from 4c to sc. Provisions also slumped in sympathy with the grains. December wheat, after opening at $2.18, up 2%c, closed off sc; March wheat was off lc at the opening, $2.11%, and lost an additional 4%c at the close. December com opened up %e at 99c, but dropped 2%c at the close. May corn up %c at the opening, 93%c, lost 2c at the close. December oats after opening up %c at 57%c, closed off %c. May oats was up at the opening, 62%c, and closed off (By Thomson & McKinnon.) —Oct. 16Wheat—The export demand was reported as small. These report* are corroborated to the extent that bids for shipment by way of the Gulf were lc lower. Advice* from Weat and Southwest as to country offerings were conflicting. There are two rather significant Items In the situation as a whole. One Is the fact that England shows no desire to secure the surplus of Canada. Th 9 other is that Canadian la offered at lake port* and seaboard at 1 to 2 cents cheaper than United -States hard winter wheat, although It is considered more desirable. Withholding of supplies by farmers cannot have more than a temporary effect fo* the reason that no arbitrary individual or organized action can override supply and demand. The receDf: foreign demand for white corn suggest* that this grain 1* being used ns a substitute for wheat flour because of lta relative cheapness. Corn—The advance in prices proved attractive to some country holders, likewise to owners of the deferred deliveries, market encountering liberal realising sales. The recent firmness In the market has encouraged eastern distributors. As a consequence there is a broader demand from that source, but It is not yet large knougb to be a mottTe In prices. This year’s record crop of corn, also of Kaffirs, together with reserves from laat year's erop, presents an unwieldly surplus. Therefore, market is likely to meet considerable Important selling on every advance of any size. Oats—There has been selling from northwestern sources, also from Influential local traders, itemand widely scattered. Provisions—The liberal decrease In warehouse stocks was generally anticipated and therefore discounted. Foreign demand not in evidence today. CHICAGO GRAIN. —Oct. 16— WHEAT— Open. High. Low Close Dec 2.18 2 21% 2.12% 2.13 March... 2.11% 2.13% 2 96% 2.07 CORN— Dec 90 DO 97% 87% May 93% 93% /91 91% OATS— Dec 57% 57*4 56% 53% May 62% 62% 00 f s % PORK— Oct 25 50 25.50 25.00 25.06 Nov 25.50 25 74) 25.25 25.28 * OcuT... CO 77 20 77 20 68 20.66 Nov 20 30 20.30 20.15 20 15 R,B *~ •Oct 1. 00 •Nov 17.00 •Opened nominal. CHICAGO CASH OR YIN. CHICAGO. Oct. 16.—Wheat—No. 2 hard winter. *2.22. Torn—No. 2 mixed. 94® 94%c; No. 2 white, 93c; No. 2 yellow. 06® 96c; No. 3 white, 90c: No. 8 yellow. 95c; No. 4 mixed, 02c. Oate—No. 2 mixed. 4%e; No. 2 white, 56%@57c; No. 3 white, 55c; No. 6 white, 55@5c-. TOLEDO CAHH GRAIN. TOLEDO. Oct. 13 Wheat Caah. $2.30%; December, $2.80. Corn—No. 2 vellosr. *lO2 Oat*—No. 2 whit*. 600 6le, Rye No. 2, *1.75. Barley—No. 4, 08c. Cl overseed—Cash and October, fl 4 35; December and February. *l4 50; Januarv, *l4 40. Timothy—rash, 1918 and 1919. *5.30. October. *3.37: December, *3.37%; March. *3.50 Alaik*—Caah, *lO 95; October. *18; December, $17.30; March, $17.50. TRIMARY MARKETS. j(By Thomson & McKinnon) , —Oct. 16Wheat. Corn Oat*. Chicago 38.009 377,000 829,000 Milwaukee .... 8.000 13.000 22 000 Minneapolis ... 576.000 21.000 147.000 Duluth 313.000 8,000 8t Louis 90,000 34.000 SuOOO Toledo 103,000 1 009 14.000 Detroit 3.000 8.000 2.000 Kansas City .. 220.000 21.000 36.000 Omaha 272.090 291.000 lahOOtg Indianapolis .. 10.000 62.000 48,000 Total* 1.686.000 508.000 806 000 Year ago ...1.627.000 404,090 682,000 Shipment*— Wheat. Com Oats Chicago 18,990 104.000 82,000 Milwaukee .... 3,000 38.000 219,008 Minneapolis .. 212.000 2.000 101.000 Dutbth 53.000 St. Louis 93.000 84.009 51.000 Toledo 6,000 2.000 4.000 Kansas City .. 193.000 10.000 17.000 Omaha po.ooo 42.000 38 000 Indianapolis .. 5.000 21.000 6,000 Totals 673.000 252,900 619.000 Year ago ... 687.000 292.(100 646.000 —Clearances— Dorn. W Corn. Oats. New York .... 22.000 Boston 88.000 Totals 110,000 Year ago ... 224,000

INDIANAPOLIS CASH GRAIN. —Oct. 16— Bids for car lots of grain and hay at the call of tho Indianapolis Board of i Trade were: Wheat—Firm; through billed; No. 2 red, $2.33® 2.34 V^. Corn—Easy ; No. 2 white, 98®99e: No. 3 white, 96@S?c; No. 2 yellow, 93®95c; r No. 3 yellow, 91®93c. Oats-Firm; No. 2 white. 66®58c. Hay—Easy; No. 1 timothy. $27®27.N); No. 2 timothy, 826®26.50; No. 1 light clover mixed, 823.50®26; No. 1 clover hav. ’ $24®25r —lnspections Wheat—No. 1 red, 1 car; No. 3 red, 1 car; No. 4 red, 1 car; No. 1 mixed, 1 car; sample, l car; total, 6 cars. Oats—No. 2 white, 16 cars; No. 3 white. 2 cars; No. 4 white, 2 cars; No. 2 yellow, 23 cars; No. 3 yellow, 1 car; No. 4 yellow, 1 car; No. 2 mixed, 2 cars; total, 46 cars. Oats—No. 1 white, 2 cars; No. 2 whits, 32 cars; No. 3 white, 2 cars; sample white, 1 car; No. 1 mixed, 1 car; No. 2 mixed, 1 car; total. 39 cars. Hay—No. l timothy. 2 cars; No. 1 clover mixed. 1 car; No. 1 clover hay, 2 cars; total, 5 enrs. BOARD OF TRADE STATEMENT. The weekly statement of the Indianapolis Board or Trade, showing the output of flour by local mills, inspections for the week and stock in store, follows: COMPARATIVE STATEMENT. Output of Flour— Barrels, i Oct. 16. 1920 8,667 Oct. 9, 1920 5,902 Oct. 1, 1019 11,243 Oct. 10, 1018 0,804 | Inspections for Week— —Bushels— In. * Out. Wheat 72,000 13.000! Corn ....' 482.000 141,000 1 Oats 354,000 138,000 ! ltye 7,000 | llay, 13. —Stock In Store — Wheat. Corn. Oats. Rye. Oct. 16, 1020. .283,720 274,620 571,210 2,000 Oct. 18, 1920. .456,870 100,920 285,160 32,480 Oct. 19, 1918. .257,140 470,100 240,250 30,700 HAY MARKET. The following are the Indianapolis prices for hay by the wagon load. Hay—Loose timothy, uew. s’7®3o; mixed hay, new, $26(028; baled, $27@29. Corn—Bushel, $1.25® 135 Oats—Bushel, new, 55@57c. WAGON WHEAT. Indianapolis flour mills today are paying $2 for No. 1 red wheat, $1.97 for No. 2 red wheat, and $1.94 for No. 3 red. j Other grades according to their quality. CHICAGO HIT BY DECLINES. CHICAGO, Oct. 16.—Commodities here affected by the price-cutting wave sweeping the country include practically nil essentials for eating and wearing, according today.

On Commission Row There was a firm tone to trading at the opening of the wholesale produce market today, but there were no material changes la the price schedule For the past week there has beeu a tendency toward lower prices In most of the produce list, with the exception, of course of some of the tropical and semi-tropical fruits. 1 Tomatoes and a few of the other homegrown vegetables are also about the Same as they were at the opening of the week, with the exception of tomatoca, which are somewhat higher on account of the limited supply and the good demand. There are a few peache* on the market now and those that are on the market are not of the best quality; that Is the majority of the supply Is la this condition; but, of course, there were a few good lota on the market. Colorado white potatoes have not yet made their appearance on the market; but commission men think that they will be In within the next few days. TODAY'S PRICES. Sweet Apple Cider—Per gal., $1; half gal., 60c. Apples—Barrel, |6@B. Beans—Navy In bags, per lb, 6%@7c; California ltmas. In sacks, ll@12c; Colorado pintos, in bags, per pound, B@B%c; red kidneys, in bags, par lb, 17%@18c; Callfoornla pink chill, In bags, per lb, 8%@8%c; lintels, per lb, 13c; California red chill. In bags, per lb, 8%@8%c. Beets—Fancy home-grown, per bu, $1.50. Cabbags—Home-grown, per Jb, 2c. Beans—Fancy home-grown, per bn, $2 @2.25. Cantaloupes—Honey Dews, per crate, $3. Carrot*—Fancy, home-grown, per bu, *1.50. Celery—Fancy High Ball, per crate, $1.75@2. Cucumbers—Fancy home-grown, per doe, $1.75@1A5. Cranberries—Per bbl, $10; per halfbb! boxes. $5.50. Grapes—California Halogaa and Tokays. per 25-lb. crate, 52.75@3; California Amperora, per 25-lb. crate, sß@ 3.25. Egg Plant Fancy home-grown, per doz, [email protected]. Grapefruit—Fancy Isle of Pine, per box, [email protected]; extra fancy Florida, per box. *[email protected]. Lemons —Extra fancy California SunKist, per bo*. $5.75@6; extra fancy California choice, per box. [email protected]. Lettuce—Fancy hame-grown leaf, per lb, 85c; fancy home-grown endive, per doz, 40c; fancy horaejtrown head lettuce, per bu, $163: fancy Washington Iceberg, per crate, $7.50. Onions—Fancy botne-grown, yellow, per 100-lb. bag, $1.15(31.25; sane/ Western. yellow, per lOOdb beg, $3; extra fancy Indiana, white, per 100-lb bag, 52.76@3; fancy Spanish, per crate. $2.5C; fancy pickling, per 20-lb box, $1.50. Oranges—Extra fancy California Vaiencit*. per crate, $6.75@9. Peaches—New York Alberta* per bu.. [email protected]* Michigan and Ohio Gold Drops ana Lemon Frees, per bu., $1.25 @230. Pargley—Fancy bome-grown, per doa. Prunes —Faucy Idaho Italian, por crate, [email protected]‘. 16-lb box, *l5O. Pears—All kinds, $1.50@3 per bu. Radlshea—Button home-grown, per do*. 26c: fancy long, per do*. 25c; fancy Michigan, round whites, per 150-lb bag. [email protected]. Sweet Potatoes—Fancy Virginia Red Stars, bbl. $5; per hamper. [email protected]. Spinach—Fancy home-grown, per bu, $1.23. Squash—Summer, per bu. $1 75. Tomatoes—Fancy home-grown, per bo. $1.50@2. Turnips—Fancy bome-grown, new, per bu, $1.75(32. Weathw The following table ehowa the state of the weether at 7 a. m.. Oct. 16: (Ration. Bar. Temp. Weath. fndla.napoiU, Ind. . SO.ta S* Ulrar Atlanta. G 30.24 6rt PtCldy Amarillo. Tex 30.04 42 Clear Bismarck, N. D-... 30.12 40 Cloudy Boston. Mass 30.13 50 PtCldy Chicago, 111 30.08 58 Cloudy Cincinnati, 0 80.13 04 Clear Cleveland. 0 39.06 06 PtCldy leaver. Colo 30 00 42 Cloudy Dodge City, Kan... 30iM 43 Clear Helena. Mont 3003 30 Cloudy Jacksonville, Fla... 30.18 68 Cloudy Kansas City. M 0... 30 12 54 Clear Louisville, Ky 30.22 03 Clear Little Rock. Ark... 80 16 . 00 Cloudy Lo* Angeles, Cel.. 29 94 *54 Cloudy Mobile. Ala 30 16 03 Clear New Orleans, La.. 80 10 72 Clear New York, N. Y... 30 14 00 Cloudy Norfolk. Va 30 22 3 FtCldy Oklahoma City.... 30 12 56 Clear Omaha, Neb 30.03 54 Clear Philadelphia, Pa... 30.10 60 Cloudy Pittsburgh, Pa 3012 62 Cloudy Portland. Or# 29 82 40 Cloudy Rapid City. 8. D.. 3008 44 Cloudy Roeeburg, Ore .... 29 94 33 Clear san Antonio. Tex.. 3001 64 PtCldy San Francisco,' Cal. 2990 52 Clear St. Louis, Mo 30.16 58 Clear St. Paul, Mlnu 30 10 46 Cloudy Tampa. Fla 30.14 68 Clear Washington, D. C.. 3013 54 Cloudy WEATHER CONDITIONS. The disturbance in the middle and upper Mississippi Valley Friday moraine hu oontlnued Its movemeut northeastward across the upper Lakes, haring caused same showers in those regions. Moderate temperatures continue generally cast of the Rocky Mountains. In the upper Missouri Valley, however, the western Canadian provinces, and much of the weetern plateau, the readings are somewhat below freezing. J. H. ARMINOTON. Meteorologist, Weather Bureau. COMMODITIES HHOIV LOSSES. NEW YORK, Oct. 16.—Price recessions on wholesale commodities continued unabated in New York, according to financial experts In the weekly rerlews hero today. Bradstreets trade report indicated a drop of 1.10 per cent In the weekly food Index, while Dun'e Review listed fifty-five commodities showing declines against twenty two showing Increases.

WHOLESALE UKKF TRICES. The following are today's wholesale prices for beef cuts as sold by the Indianapolis markets: Ribs—No. 2. 37c; No. 3,24 c. Loins— No. 2,27 c; No. 3,23 c. Rounds—No. 2, 25c; No. 3,23 c. Chucks—No. 2,16 c; No. 3,14 c. Plates—No. 2. 12c; No. 3,11 c. Firm’s Directors See Plant for First Time The board of directors of the National Malleable Castings Company will rnako Its first visit to Indianapolis Thursday, Oct. 28, to Inspect the plant and become acquainted with its personnel. In addition to the plant in this city | there are three in Chicago, two In CTeve- | land, Ohio, and one each in Toledo, Ohio, I Sharon, Pa., and St. Louis. | The board of directors will visit all of j these plants and while In Indianapolis will hold Its monthly meeting. With the board will he its chairman, E. L. Whittem'ore of Cleveland, Ohtn, and the president of the compauy, If. V. \ Pope, also of Cleveland. 2 Held in Death Fraud ABILENE, Texas, Oct 16.—An “empty grave” mystery was believed nearer solution today when authorities held Charles O. Hoggett and Wayne Usury, declared to have prepared the “body” of 11. J. Cochraln for burial. Authorities recently opened the Cockrain grave and found it empty. Several thousand dollars had hen collected in life Insurance Oochralu's wife. War Goods to Be Sold WASHINGTON, Oct. 18.—War department officials today were preparing to sell millions of dollars worth of reclaimed Army supplies to Poland. The supplies Include repaired shoes and uniforms.

British Coal Strike Facts in a Nutshell LONDON, Oct. 16.—Number of miners to be on atrlke Saturday night, 1,000,000. Men demand: Wage Increase of 2 shillings per shift and decrease In cost of fuel to domestic consumers. If miners’ demands are met the Government will lefce In revenue 66,000,000 pounds sterling (normally $380,000,000.) (This represent* the Ihrplus profit on export coal.) Loss of production per week, 4,500,000 tons of coal valued at 8,600,000 pounds sterling (normally $43,000,000.) Loss per week to miner* in wages, 8,500,000 pounds sterling (normally $17,300,000.) The miners’ strike la expected to last at least six week*. / V G. 0. P. LEADER OF CALIFORNIA BOLTS HARDING (Continued From Page One.) it Is Impossible not to fear that the wrong type of men will control him. “Most of the arguments against the league disappear when examined apart from race prejudice and partisan bases. "Our Institutions will not be injured in any way by our Joining the league. “Aside from the benefit to humanity I see positive advantages to America in joining the league. “It ia better To be in a position to exercise our influence to prevent w*i ! than to stand out in order to be able to consider the issues and come in after war has started. "No plan for dlsarmanent can be effective until we are part of it, for uo country will consent to reduce armaments until all the others do. "Standing out, we condemn not only ourselves, but the rest of the world t-j the terrific burden of armament building and Its inevitable results of anotbei and more terrible war. “I have been a Republican, except when I supported Roosevelt, all my life, and. ’ like Herbert Hoover, I believe in a system of two-party government rather than nonparttaan or group party government and that generally cpeaklnkg a man can work most effectively In his own party. "However I go farther, for I maintain that to prevent exploitation of party loyalty by unscrupulous politicians there must be In such party a considerable number of men and women who, when policies too corrupt or shameful are imposed upon their party, are not afraid to put their country's welfare ahead of that of their party and cross the party lines to support men or measures they believe in sincerelv. CANNOT INDORSE A SEPARATE PEACE. "Senator Harding is either sincere or he is not sincere when he says that Senator Johnson’s Loa Angel* s speech shows Johnßon is in accord with the Republican platform and the Republican candidate. "If sincere, then Mr. Harding wishes to scrap the league and make a separate peace with Germany, a foolish and shameful policy that I cannot indorse. "Os course. If he la not sincere on a great issue like this is, I could not deem him fit for President. "In either event I am brought to the point where decent eelf-reapect will no longer allow me to continue my support of Senator Harding and the most effective protest I can make is to vote for the Democratic nominee, Governor Cox. who has wisdom enough to take the aide of the right and courage enough to be positive in expressing his views.” This is Marshall Stlmson’e political record: Campaign manager for Senator Hiram Johnaon In southern California in 1910; delegate to Republican national convention. 1912: presidential elector on Re- i publican ticket in 1912: member Repub- ] lican State committee. 1920. No one stands higher, both politically gud socially, in the State of California. Marshall Stlmson'g judgment of Hard- ! Ing will be accepted by thousands of Progressive Republican* in California. Delegates Appointed to Insurance Meet Delegates to the annual meeting of the National Association of Insurance Agents at Des Moines, lowa. Oct. 19.22 were named today by A. L. Rigsoee, of the insurance department of the Fletcher Savings & Trust Company, president of the Indiana association. The men selected are Elmer F. Aber- ; nathy. South Bend: Francis M. Fresnall, j Marlon: Ernesto. Eobingbouse, Wabash; H. T. Roberts, Greenfield, and Charles E. ; Graves. Frankfort. The Indianapolis Association of Insurance Agents also has named five delegate* to the meeting, as follows: Sol S. j Kiser, president of tbe local association;; E. H. Forrey. Maurice Breunlg, Ray Fox and Mr. Rigsbee * [ The local delegation will depart for j Des Moines Monday. Births .Eugene and Charles Rhea, 820 Camp, girl. „ Marlon and Mildred Cass, 1914 Orange, , boy. _ i Frank and Raohol Roberta, 217 Blake, j bov. Edward and Minnie Cherry, 114 Mink- j ner, girl. Gjeorge and Viola Griggs, 860 Hadley, i boy. Walter and Ella Barber, 2018 Boulevard, boy. George and Gladys Rubush, 634 Stevens, girl. Dempsev aud Stella Crnwhorn, 2223 West Wilkins, girl. .Toslah and Eflfle Tbomaa, 809 North . Pennsylvania, girl. Henry and Ella Sheriae, 2523 Bast Michigan, boy. Paul and Mildred Masters, St. Vincent’s Hospital, girl. Bruce and Addle Fareak, St. Vincent's Hospital, girl. % Bertrand and Gladys St. Vincent’s Hospital, boy. ltay and Mary Green, St. Vincent’s Hospital, girl. > McDonald and Claire Nixon, St. Vincent's Hospital, girl. Oscar and Ida Lang, 145 West ThirtyFifth, boy. Wilson and Stella Wells, 862 Darnell, boy. llnrry and Christine Le Masters, 141 Detroit, girl. James and Grace Foster, 609 North Senate, boy. William and Clara Wonders, 1120 t Shelby, girl.

Deaths Earl Adams, 14, St. Vincent's Hospital. tuberculosis. Marini: .lane Conlen, 73. St. Vincent's Hospital, arterio sclerosis. Kathryn Harmon. 59, City Hospital, Intestinal obstruction. Michael M. Reldy, 35, 538 North Oxford street, lobar pneumonia. Kenneth Charles Bugher, 22 days, 610 Alton street, pertussis. Albert Smith, 68, 2259 Ashland avenue, i chronic parenchymatous nephritis. Raymond Gaddy, 16, 1716 Boulevard j place, pulmonary tuberculosis. Nancy Madison, 58, City Hospital, car- j disc insufficiency. \ Doris Lucille Groselqse, 1, 811 Chase j street, ucute pastro enteritis Catherine Dugan, 75, 130 West Me- j Carty street, chronic myocarditis. Murgaret V. Jacobs. 84, 114 South Elder street, arterio sclerosis. ira A. Phelps. 54. St. Vincent's Hob- j pltal, acuto dilatation of heart. Anna Catherine Brinkmann. 89, 1106 North Tempi? avenue, broncho pneumonia. Lon Joseph Walker, 6 months, U 34 North Mount street. coronary eJflMBm. Robert Walton Dunlap. 4 Ralston avenue, ileocolitis.

BRITISH COAL MINERS BEGIN BIG WALKOUT (Continued From Fag* One.) dlately throw out of employment thousands of transport workers because of curtailed railway eervice. Official* of the “triple alliance,” which Includes miner*, transport worker# and railway employe#, will hold a meeting later In the week to review the situation. It la diflk tit to ascertain the exact attitude of the “triple alliance" aa an organization, toward the atrlke. A dispatch from Liverpool today aalrt there are no reserve stocks of coal available for bunkering purpose*. In view of this it Is believed one of the first effects of the strike will be the holding up of shipping. The food ministry has announced if tho strike is confined to the miners there will be an adequate supply of foodstuff*, but If it extends to other industries drastic rationing plans may be neces sary. PUBLIC ASKED TO CONSERVE SUPPLIES. The only food so far effected haa been sugar. An emergency order issued by the Board of Trade asks the public to cut down consumption of coal, gas and electricity. All eqres are fixed upon the National Union of Railway Men, for In the decision of that powerful organization depend the question whether the strike can be confined to the miners. An Influential group more radical beads of the rail men#’ union la working tooth and nail for a strike in sympathy with the miners, but J. H. Thomas, the* organization's leader.' who Is against It. may be able to check “insurgent#.’’ Downing street sighed relief, therefore,' when Thomas returned this morning from a tour of Bohemia. He will confer with Premier Lloyd George tonight. Immediately upon his arrival here he went Into conference with other rail union executives and started his efforts to calm the belligerent*. Alarming reports are coming in from South Wales, where the rail men, closely allied with the miners and with whom they work hand In hand, are said to be determined to walk out regardless of the decision of the union's executive body or the members as a whole. According to the Board of Trade, public utilities can be continued three months after production of coal ceases. Coal exporters are negotiating for purchases from the United States and China to fulfill their contracts on the continent. Winston Churchill, addressing a meeting of Liberals, deplored the coal strike as a “dark shadow upon the work of reconstruction.” “The strike Is a blow to the prosperity of every Industry in the United Kingdom and to every struggling population In Europe,” he STRIKE WILL BE WORLD CALAMITY WASHINGTON, Oct. id—The general strike of British coal miners, unless brought to a quick conclusion, will prove a world wide economic calamity, in tho opinion of officials here today. The industrial and even political consequences are likely to be far reaching. Europe'# need of coal before th* strike began was so urgent that in Italy manufacturers were glad to pay from $25 to S3O a tou for American coal that cost $lO nt the docks in New York. Franco, Belgium, Holland and the Scandinavian countries depend in great part on England for coal. With British ceal exports embargoed. I the factories of Eur<TJ>e will he forced to j close, officials here said today. Millions of workers may be thrown out of Employment. Higher prices for food throughout Europe probably will be the first direct result of the British atrlke, it was believed here. FORD OFFICIALS SILENT. DETROIT, Oct. 16.—N0 comment on the reported adtlon of the manager es the Ford automobile and tractor plant at Cork, Ireland, in forbidding employe# to re-enter the plant after attending * mass meeting in sympathy with Irish hungff strikers, could be obtained at the Ford company’s home office here. “We have no confirmation of the report and know nothing at all of It except what we have read In th* newspapers and consequently will make no comment,” said E. G. Liebold, private secretary to Henry Ford. More Auxiliaries for American Legion An auxiliary unit for each post of the American Legion In Indiana is the goal set by the department executive committee. The executive committee instructed each of its members to appoint an organizer for his congressional district. This organizer, who will be a member of the women's auxiliary, will visit each community of her district where there Is a post cf the Legion and will endeavor to form a unit of the auxiliary. Mothers, wives, sisters and daughters of Legion members are eligible for membership. The dues are 25 cents a year. There are now fifty chapter* of the auxiliary in Indiana, with a membership of over 2,000. There are 308 posts of Legion, with a membership of about 40.000.

‘Silent Orator’ Aids Traffic Policemen The "Silent Orator" on the Merchants’ Heat & Light Company building will carry the following message, beginning tonight: of life Is the aim of the traffic policeman—you can dJelp— -drive carefully— walk carefully—don’t cut corners—don’t shoot out of aide streets — give hand signals by sticking out your arm. “Please don’t violate these rules. “C. F. Johnson, captain of police.” | and how he accumulated H SIO,OOO in ten years by J saving $25 per month. One ‘ of our investors wrote that \ “Getting Ahead” has made him realize that every dollar he saves he can invest with comparative safety and high yield. Another says it opened up to him the possibility of profitable investment in bonds and stocks. We will gladly send a copy of “Getting Ahead.” \KRIEBEL & CO. . INVESTMENT BANKERS f 1)7 South La Salle St., I CHICAGO Jf

DON T THROW A BRICK There’s a Reason

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