Indianapolis Times, Volume 33, Number 139, Indianapolis, Marion County, 20 October 1920 — Page 10

10

STOCK MARKET TONE FIRM Steel Made Fractional Gains— Sugars Higher. NEW YORK, Oct. 20—Fractional advances were made In the steel shares at the opening: of the stock market today. Steel common advanced %, to 88%, and Baldwin %, to 114%. A number of rails also made fractional gains. Union Pacific sold up % to 127%, and Southern Pacific %. to 89%. United Fruit rose %, to 213%, but was quiet during the rest of the early j trading. Dealings in Sears-Roebnek was started i with a good deal of Interest. It started with a loss of %, to 111, j and then rose %. Mexican Petroleum rose 1%, to 192% > and Pan-American Petroleum rose 1 , point, to 90. 1 International Paper was weak and fell [ 2%. to 70%. | The sugar issues were taken at fractional upturns, American Beet Sugar I selling up to 76% and Cuba Cane Sugar j to 36. The market was active and strong throughout the forenoon, nearly all the active issues being in demand. The oil shares were the most prominent features. The steel stocks were also strong. Steel common sold at SS% and Baldwin rose to 115%. The motor shares rose about 1 point. The market closed irregular. Close: United States Steel, SS%, up %; Mexican Petroleum, 191%, up %; Read-j ing, 87%, unchanged; New York Central, 82%. up %; Baldwin Locomotive, 114%, tip %; General Motors, 17%, off %; Southern Pacific, 99%, up %. (By Thomson A McKinnon.) / —Oct. 20— Tbare was but a moderate volume ©t! businlss today and what there was of It was faxorable to values. Dullness is usually disturbing to the j bearish element and from all reports the ranks of market opponents have in- | creased materially of late. That such should be the case is not • at all surprising when you consider the state of business throughout the entire world. There Is hardly a section that Isas not been adversely affected. Some ot these sections have been seriously af- j fected, ethers only in an unusual condi- j tion, but the effect is there. We have had it in the Orient, in Europe and to the south of us, to say nothing of the business in our own midst ‘ .. Add to this the labor condition in England and you have a state of facts well calculated to make au optimist hesl- j tate, and to give a pessimist more courage. Notwithstanding all this, the stock market has shown a remarkable degree ot strength, and is evidently proceeding in its own pecJliar way to discount an ultimate favorable solution. No other I explanation would fit the case. Should the present labor troubles in England be favorably adjusted then financial and trade difficulties will soou solve themselves by the proper adjustment of prices and the road will be made clear. TWENTY STOCKS AVERAGE. NEW YORK, X)ct. 20—Twenty industrial stocks averaged 84.60, an lncreakk of .29 per cent. Twenty active rails averaged 83.85, an increase of .41 per cent. NEW YORK STOCK SALES. NEW YORK, Oct 20—Sales on the stock exchange today totaled 428,300 shares and $14,576,000 in bonds. CLEARING HOCSE STATEMENT. NEW YORK, Oct. 20.—Clearing house statement— Sub-treasury debit, $199.597; I exchange, $761,782,166; balances, $83,156,917. Money and Exchange Indianapolis bank clearings today were $3,209,000, against $4,147,000 a week ago. NEW YORK, Oct. 20.—Foreign exchanged opened higher today. Sterling, $3.427 1t changed; fnines, .0044, up .0004. lire, .0382, up .0004; .marks, .0143. up .0003. The market closed firm. Prices were: Sterling, $3.43%; francs, .0648; lire, .0373; lire cables. .0379; marks, .0143. NEW YORK.- Oct. 20.—Commercial bar silver was quoted: Domestic, unchanged at 99%c; foreign, l%c higher at 78%c. LONDON, Oct. 20.—Bar silver was %and higher today at 51%d. NEW YORK LIBERTY BONDS. —Oct. 20 — I I’rev. ! High. Low. Close. Close. L B. 3%s 92.84 92.50 92.52 92 1 > L. B. Ist 45.. 89.90 89.90 89.90 89.60 L li 2d 45... 89.50 89.50 89.50 89.20 L b'. 4Via 90.00 89.60 89.90 89.50, L. B. 2d 4%5. 89.68 89.48 89.52 89.56 L B. 3d 4%s 91.00 90 76 90.80 90.80 L. B. 4th 4%s 89.62 89.44 89.46 89.12 Victory 3%5.. 96.36 96.28 96.30 96.16 ; Victory 4%5.. 96.40 96.22 96.38 96.22 MOTOR SECURITIES. (By Thomson A McKinnon) —Oct. 20. Bid. Ask. Briscoe 13 16 Chalmers, com 1% 2% Packard, com 13 14 Packard, pfd 79 81 Chevrolet Peerless 3l 32 Continental Motrfrs, com 7% 7% Continental Motors, pfd 93 95 Hupp, com 13% 14 Hupp, pfd. 90 101 Keo Motor Car 22% 23 Elgin Motors 7% 8% Grant Motors 3% 4% Ford of Canada 310 320 United Motors 35 45 Federal Truck 20 23% Paige Motors 18 20 Republic Truck 32 3 National Motors 7 10 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —Oct. 20— -OpeningBid. Ask. Anglo-American Oil 20% 21% Atlantic Refining 1085 1125 Borne-Scrymser 410 425 Buckeye Pipe Line 88 90 Obesebrough Mfg. Con. 210 225 ""Chesebrough Mfg. Con. pfd. JOO 105 Cont. OH. Colorado 108 113 Cosden Oil and Gas 7% ... Crescent Pipe Line 310 312 Cumberland Pipe Line 42 45 Elk Basin Pete 8% 8% Eureka Pipe Line 114 118 Galena-Signal Oil, pfd. new. 86 90 Galena-Signal Oil, com 43 46 Illinois Pipe Line 160 166 Indt-na Pipe Line 99 93 Merritt Oil 14% ... Midwest Oil 1 1% Midwest Refining 343 150 National Transit 29% 31 New York Transit 170 180 Northern Pipe Line 99 102 Ohio Oil .. 302 307 Penn.-Mex 43 50 Prairie Oil and Gag 550 500 Prairie Pipe Line 220 223 Sapnlpa Refining 5% 5% | Solar Refining 390 410 Southern Pipe Lime 119 123 South Penn. Oil 265 270 Southwest Penn. Pipe Lines. 63 67 . Standard Oil Cos. of Cal 320 323 Standard Oil Cos. of Ind 700 705 Standard OH Cos. of Ran.... 525 540 Standard Oil Cos. of Ky 455 475 Standard Oil Cos. of Neb 430 440 Standard Oil Cos. of N. Y.... 375 380 Oil Cos. of 0hi0.... 400 420 Swan A Finch 60 70 Union Tank Line 114 118 Vacuum Oil 347, 351 Washington Oil .’ 30 35 NEW YORK METAL MARKETS. NEW YORK, Oct. 20.—Copper—Weak; spot offered. 16%. Lead—Spot and October offered. 7%; November and December offered, 7%. Spelter—Easy ; spot, October and November, $7.03® 7.30; De cembcr audt January, offered, [email protected]. NEW YORK CALL MONEY. NEW YORK, Oct. 20.—Money—Call money ruled 7 per cent; high, 7 per cent; low, 7 per cent. Time rates quiet, all 8 per cent. Time mercantile paper was steady. Sterling exchange was strong with business in bankers’ bills at $3.43* > for demand.

Local Stock Exchange

—Oct 20STOCKS. Ind. Ry. A Light, com 05 ... Ind. Ry. & Light, pfd 95 Indpls. & Northwest, pfd 80 Indpls. & Southeast, pfd - _ 75 Indpls. St. Ry 60 '7O T. H., T. & L 61 T. H„ I. & E., com 1% 6 T. H„ I. & E., pfd 9% 16 U. T. of Ind., com 1 U. T. f Ind., Ist pfd 10 U. T. of Ind., 2d pfd ... 2 Miscellaneous— I Advanee-Rumely, com. ...k. Advapce-Rumely, pfd ... i American Central Life 235 ... AmerkanCreoiotlng.com.... 93 ! Belt Railroad, com 65 75 I Belt Railroad, pfd 47% ... : Century Building, pfd 05 : Cities Service, com J ! Cities Service, pfd 64% ... : Citizens Gas 33% 35% | Dodge Mfg.. pfd 91% ... j Home Brewing 55 j Indiana Hotel, com 64 [ Indiana Hotel, pfd 91 [lndiana National Life 4% ... Indiana Title Guaranty ... 69 71 1 Indiana Pipe Line 89 Indpls. Abattoir, pfd 46 51 : Indpls. Gas 45% 50 Indpls. Tel., com 9 Indpls. Tel., pfd 88 Mer. Pub. Util., pfd 50 ... i National Motor 8% 70% Public Savings 2% ... Rauh Fertilizer, pfd 43 Standard Oil of Indiana ... 699 ... Sterling Fire Insurance 8 Van Camp Hdw,, pfd 95 ... Van Camp Pack., Ist pfd.... 95 ; Van Camp Prod., Ist pfd 95 Van Camp Prod., 2d pfd .... 9i. ... , Vandalia Coal, com ' 5 ! Vandalia Coal, pfd 10 I Wabash Ry., com 11 - W'abasb R.v, pfd 30 ... | Banks and Trust Companies— Aetna Trust 100 Bankers Trus. 118 i City Trust 82 Commercial National 65 ••• [Continental Nat'l Bank .... 111% H 2 ! Farmers Trust 200 Fidelity Trust 1.. 120 Fletcher Ainer. National 256 ... ■Fletcher Suv. & Trust 163 ■ Indiana National 283 290 Indiana Trust 194 . v Live Stock Exchange 450 Merchants National- *79 National City 112 i People’s State 176 ! Security Trust 120 State Savings and Trust.... 89 91 Union Trust 340 Wash. Bank and Trust 150 ... I BONDS. Broad Ripple 5s 63% ... ' Citizens St. Ry. 5s 73 77 ; Ind. Coke & Gas Cos. 6s 87 Indian Creek Coal & Min.... 98 Indpls, & Colum. South. 55.. 88 ... Indpls. & Greenfield 5s 90 ... L Indpls. & Martinsville 55... 54% ... Indpls. & North. 5s 41% 48 ! Indpls. A Northwest. 6s 52 61 i Indpls. & Southeastern 45 Indpls., Shelby & S. E. 55... 80 Indpls. St. Ry. 4s 60 70 I Indpls. Trac & Term. 5s 71 Kokomo, Marion A Western. 9C 86 Union Trac. of Ind. 65...... 62 80 Citizwis Gas Cos <’s% 78 Ind. Hotel 2nd 6s 96% 100% ■ Indpls. Gas 5s 73 70 Indpls. Light and Heat 76 80 Indpls Water 4%s 71 SO Indpls. Water os 88 92 M. I! A L. ref. 5s 1 87 90 New .el. Ist 6s 94 New Tel. Long Dist. 55...... 93% ... South. Ind. Power 6s 86 LIBERTY BONDS. Liberty first 3%s 92.74 03.00 j Liberty first 4s Liberty second 4s [ Liberty first 4%s 89.90 90.14 j LibertV second 4%s 89.02 91.24 i Liberty thrid 4%* 91 00 91.24 Liberty fourth 4%s 89 56 89.80 Victory 3%s 96.00 Victory 4%s 96334 96.60 j In the Cotton Market 1% . I NEW YORK. Oct. 20— In sympathy j with firm and much higher cables the ■ cotton market opened higher today at an advance of 35@£0 points. Liverpool and shorts were large pur- | i chasers early partly on a more hopeful j view of the English coal situation, whUe j the South sold. Spot concerns were on both sides of , the market. Later the pressure of Southern wire | house selling weakened the list about 30 points from the early high levels and at the end of the first twenty minutes j the market was unsettled. New York cotton opening: October,: 19.80 c; December, 19.18 c; January, 19.15 c; Merch; 19.20 c; May, 19.10 c; July, 18.95 c. [ The market showed a better tone in the iate dealings on good support from many quarters. The close whs firm at a net advance of 45 to 57 points. I New York cotton range— Open. High. Low. Close. October ...... 19.80 19.80 10.20 10.65 December ... 19.18 19.41 18 86 19.37 January 19.15 19 25 18.70 10 24 March 19.20 19.20 18.74 19.23 I May 19.10 19.20 18.65 16.18 July ... 18.95 19 00 ISSO 19.00 NEW ORLEANS, Oct. 20. Cotton futures opened steady on bullish cables and heavy spot buying, to 60 points higher. Realizing sales influenced a decline os 14 to 50 points, but the market again turned strong, reaching levels 5 to 37 points above the opening. The close was steady with prices net 38 to 70 points higher. New Orleans cotton range: / Open. High. Low. Close. Oct 19.50 19-50 19.00 19.40 Dec 18.55 18.92 18.41 18.81 Jan 18.57 18.86 18.29 18.78 March 18.37 18.58 18.20 18.63 May 18.30 18.58 18.00 18.45 July 18.20 18.26 18.00 18.25 LIVERPOOL, Oct. 20. —Improved demand for spot cotton was shown at the opening. Prices were steady. Sales totaled 4,000 bales. America-i middlings fair, 21.12d; good middlings, 18.00d ; fully middlings, l(F81d ; middlings, 15.30d ; low, 11.51d; good ordinary. 8.56d; ordinary, 7.5 Cd. Futures were steady. NEW YORK CURB. (By Thomson & McKinnon) , —Oct. 20— —Closing--Bid. Ask. Curtis Aero, com 4 7 Curtis Aero, pfd 20 40 Texas Chief 9 12 Sub Boat 12 12% [ First National Copper % 1% ! Goldfield Con 8 10 j Havana Tobacco 1 1% Havana Tobacco pfd 4 8 Cent Teresa 4% 5% Jumbo Extension 0 8 International Petroleum 15%) 16 Niplsstng 8% 8% Indian Pkg 4 4% Royal Baking Powder.. 113 119 Royal Baking Powder pfd... 80 84 Standard Motors 62 72 Salt Creek 26% 29 Tonopah Extension 1% 1% : Tonopah Mining 1% I%< United P S new. 2% 2% T\ S. Light and Heat 1% 2 i U S. Lieht and Heat pfd.... 1 YVrigbt-Mattin 4 7 World Film % %i Yukon Gold Mine Cos 1 1%, Jerome New Cornelia L* JJJ United Verde 29 o 0 Sequoyah % Omar Oil 33% Republic Tire 1% 2% CHICAGO STOCKS. (By Thomson & McKinnon) —Oct. 20Open. High. Low. Close. C. &C. Ex Rites 59% 59% 59 59% Libby 12 32 11% 12 Mont.-Ward ... 24% 25% 24% 25% Natl. Leather .. 9% 9% 9% 9% Sears-Roebuck .112 112% 111% 111% Stewart-% - arner 31% 31% .'31% 31% Swift A Cos 105% 106 1(15% 106 Arm. Leather .. 15% 15% 15% 15% CLEVELAND PRODI’C’E. CLEVELAND, Oct. 20.—Batter—Extra tub lots, 01(&61%c; prints, 62®412%c; extra firsts, 59%@60c; firsts. 58%<g59c; seconds, sQ@sßc. Eggs—Ohio firsts, new cases, 62c; old, 61c; fresh gathered Northern extras, 66c; extra firsts, 62c; Western cases, firsts, 60c (a case contains 30 dozen). Poultry—Good heavy fowls. 25®30c; light stock, 25@30c; broiler?,* 25@300; old roosters, 21@23c; spring ducks, 35@37c. ,

| HOG MARKET ON BIG SLUMP Cattle Market Tone BetterCalves and Sheep Steady. range of hog prices. Good Good Good Oct. Mixed. Heavy. Light. IS. $16.75© 16.85 $15.#0®16.00 |15.6C®16.75 14. 16.75G15.85 [email protected] [email protected] 15. 15.70015.80 [email protected] [email protected] IS. 15.70 ® 15.85 [email protected] 15.50® 16.76 18. 15.60 ® 15.00 16.7 o @ 15.85 [email protected] 19. 14.75 14.75 @ 14.96 [email protected] 20. The slump in prices on the hog market that began a few days ago continued this morning when there was a general CeHine of 50c, due to another large run of hogs on the market, the continued lower tendency of some of the outside markets and to the weak sentiment of the -market here. _ ... There was a top of $14.75, which was only 25c lower than the top of the Tuesday market, but only one load of hogs brought that price. A Good heavv hogs generally brought $14.40@14 (55,'with the bulk of the sales about half way between the two es* trernes of the range. There were but few mediums among the 10,000 receipts of the day, in comparison to the number, but they generally brought [email protected]. Lights brought [email protected], with the bulk of the best hogs of that grade around $14.25. Roughs were fully 75c lower at a top of sl2 50 and pigs wefe about steady at $13.50(213.75. The buik of sales for the day ran clcse to $14.25. , . .. There was a better tone of trading on the cattle market after the>pening hour I and prices held about steady with the [ close of the Tuesday market. However, one lot of eight steers averaging 1,175 lbs brought a higher price [ than has been paid for steers at this j I market for the last three weeks. The ! lot brought sl7. They were raised: by Clesf.le Haskett of Strawns, Ind., and were bought by Klngan & Cos. Oauners and heifers moved a littlo moro freely than has been the usual tendency of the market for the last few days. Receipts for the day approximated 700, with but few stale cattle left over from the market of tho day before. Calves weye about steady after a little stronger openlug, with prices not materially changed from the opening of tho Tuesdav market. However, there was a top of sl6, 50c higher than the top of the market of the day before, and there were two or throe saieo which would really be considered outside the market at $16.30. There were approximately 500 calves on the market. With light receipts at 300, sheep and lambs were steady. Sheep brought s4® 4.50, and lambs s6@ll. X HOGS. Best light hogs. 160 to 200 ins average * $14.25® 14.3 b 200 to 300 lbs. average 14.40 Over 300 lbs i0.,,>@14.65 Rows 12.0Q012J50 Best pigs, under 140 lbs 13.09(|1550 Bulk of sales 14.25 CATTLE. Prime cornfed steers, 1,300 lbs and up 16 [email protected] Good to choice ateers, 1,200 to 1,300 lbs [email protected] Good to choice steers, 1,100 to 1,200 lbs .. [email protected] Good to choice steers, 1,000 to \l.lOO lbs [email protected] I Ceinuion to medium steers, 900 to 1,000 lbs . [email protected] Heifers and Cows— Good to choice heifers [email protected] Medium heifers 8.50® 000 iCoin on to medium heifers.... 6.00@ 7.50 1 Choice Cows [email protected] [ Good to choice cows 7.00® 7.50 • Fair to medium cows 6.60® 6.50 fanners ;/. 3.60@ 4.23 Cutters 4,50® 7.25 —Bulls— Good to choice butcher bulls.. 7.50@ 900 [ Bologna bulls 6.00® 7.60 i Light common bulls 4.50@ 6 00 —Calves— Choice veals 14 00® 16.00 [ Good veals [email protected] j Medium veals 9.00® 12.00 j Light weight veals B.oo@ #.OO j Heavy weight calves 5.50® 8.50 —Stockers and Feeders—j Good to choice steers, 800 lbs : and up [email protected] i Good to choice steers, under 800 lbs 7.50® 8.00 Medium to good cows 5 00@ fl 50 Good cows 5.50® 6.00 ; Good heifers 6.60® 7.50 i Medium to good heifers 8 7"@ 7.00 I Good milkers 60 00® 125.00 Medium milkers 60.00<jf 10Q.0O i Stock calves, 250 to 450 lbs. . 7.00® 0.00 SHEEP AND LAMDS. Good to choice sheep 4.00@ 4.50 Fair to common 3 00® 4 00Bucks 3.00® 4.00 —Lambs—i Comon to chotee yearlings... 4.00® 5.00 Spring lambs 6.00@ 11,00 Other Live Stock CHICAGO, Oct. 20. —Hogs—Receipts, 16,000- market, 25@.’0c lower; bulk, [email protected]; butchers, [email protected]; packers, $13.25® 13.60: llghis, $13.40® 14.60; pigs, $12.50@14; roughs, sl3® 13.25. Cattle—Receipts, 800; market, 23c up; beeves. $#@18.10; butchers, ss.2T>®l3; canners and butchers, $3.75@4 73; Stockers and feeders. [email protected]; cows, ss® 11; calves, [email protected]. Sheep Receipts. 16.000; market, steady; lambs, $3.25® 10.30; ewea, $3 25®6. CINCINNATI, Oct. 2.—Hogs—Receipts, 5,800; market 60c to $125 lower; heavy, mixed and medium, sl4; lights, $13.75; I pigs. $12.50; roughs, sl3; stags, $9 60. Cattle—Receipts, 750; slow at Monday's decline; bulls, weak; calves, sl(s. Sheep and lambs—Receipts, 500; market steady; sheep, $1.50@5; lambs, s@ll 50. CLEVELAND, Oct. 20.—Ilogs—Rc ceipts, 2,600; market 50@T5c lower; porkers, $14.75; mixed, $14.75; medium, sls; pigs, [email protected]; roughs. $413; stags, SO, Cattle—Receipts, 400; market slew. Hbeep and lambs—Receipts, 500; market steady; top, $11.50. Calves—Receipts, 300; market 50c lower; top, sl7. PITTSBURGH, Oct. 20.—Cattle—Receipts, light; choice, sl4® 14.00: good, $13®13.50; fair, $11@12; veal calgps, sl7 @lB. Sheep and lambs—Receipts, fair; market, steady; prime wethers, $6.25® 17.50; good. [email protected]; mixed fair, [email protected]; spring lambs, [email protected]. Hogs—Receipts, !30 double decks; market slow; prime ! heavies, [email protected]: mediums, sls® 15.25 ; heavy yorkers, [email protected]; light yorkers, [email protected]; pigs, $14®14.25; Toughs, sll® 13; stags, s?®B. EAST' ST. LOUIS, Oct 20.—CattleReceipts, 3.000; market slow; native beef steers, sl2® 14.25: yearling beef steers and heifers, sß® 10.50; cows, [email protected]; Stockers and feeders, s<[email protected]; calves, $14@15; canners and cutters, [email protected]. Hogs—Receipts, 4,500; market 40c to 50c low-er; mixed and butchers, $13.75® i 14.50 i good heavies, $14.15®14.50; rough 111 ivies, .811.75® 12.75; lights, $14.10® ■ 14.50; pigs, $13.50® 14.25; bulk of sales, [email protected]. Sheep—Receipts, 1,800; market steady; ewes, $5®5.50; lambs, $1125 @11.75; canners and cutters, [email protected]. ! EAST BUFFALO, N. Y., OCt. 20.—Cattle —Receipts, 050; market slow to weak; shipping steers, [email protected]; butchers grades, sS@l4; cows, [email protected]. Calves— Receipts, 350; market active to steady; culls to choice, ss@lß. Sheep and lumbs —Receipts, 1,800; market active to steady; choice lambs, $11.50@12; culls to fair, $8 @11; yearlings, s7@B; sheep, [email protected]. Hogs—Receipts, 2,400; market slow to 25c @sl lower; yorkers, [email protected]; pigs, $13.75@14; mixed, [email protected]; heavies, $15.25® 16.40; roughs, [email protected]; stags,s.3 @lO. WHOLESALE PRODUCE. Eggs—Fresh, loss off, 57c. Poultry—Fowls, 17® 22c; broilers, 1% to 2 lbs, 30c; broilers, Leghorn, 22c; cocks, Jtic; v la tom turkeys, 35c; young tom turk“ys, 12 lbs and up, 40c; young hen turkeys. Is lbs and up, 40c; cull thin turkeys uot wanted; ducks, 4 lbs and up, '2sc; ducks, \under 4 lbs, 20c; geese, 10 lbs and up, VOc; young geese, 22c; squabs, 11 lbs to dozen, $6; guineas, 2 lbs per doz, #9. V Butter—Buyers paying 58@59c for creamery butter delivered at Indianapolis. A Butterfat —Buyers are paying 67@58c for cream delivered at Indianapolis. -Cheese (Jobbers’ selling prices)—Brick, 80@31c; New York crw4j|, 32c; Wisconsin full cream, 33c;

INDIANA DAILY TIMES, WEDNESDAY, OCTOBER 20, 1920.

Wholesale Prices Show Increase WASHINGTON. Oct. 19. General wholesale prices declined 3.2 per cent from August to September of this year, although there was an increase in prices of 10 per cent between September, 1919, and September, 1920, the Bureau of Labor statistics announced today. Decreases in prices from August to September were as follows: Farm products, 5 per cent;/clothing, 7 per cent: building material,' 3 per cent. Increases were: Fuel, 6 per cent; chemicals and drugs, 2% per cent; househo'-l furnishings, 2% per cent. Between September, 1919, and September, 1920, farm products decreased 7 pee cent and clothing 0 per cent, while the prices of food advanced 5% per cent, fuel 57 per cent, household furnishings 22 per cent and building materials 40 per cent. On Commission Row Trading was fair at the opening of the wholesale produce market todny and continued so during- the early hours of trading. There were no material changes in the price schedule. Colorado white potatoes are expected to : be on the market tn material quantities within the next few days. The supply of apples continues fair. Some of the fall and winter puts are now coming on the market, such as new ■ Brazil nuts, Italian chestnuts, but it will | be at least (wo weeks until there will be ! I much of a supply of home grown shell j i bark hickory nuts and walnuts. TODAY’S PRICES. i Sweet Apple Cider—Per gal., $1; half! gHI.„ fiOr. . Apples—Barrel. $6@S. j Beans —Michigan navy in bags, per lb, ! ' ; California large white, In sacks, j sc: ♦ >lo*ado pintos. in bags, per pound, I ' 7%.5,8c; red kidneys, in bags, per lb, t 17%@18c; red kidneys, in bags, per lb, ;17%@18c: California pink chili. In bags,! ! per lb# 8%@8%c; lintels, per lb, 13c; j California red chill, In bags, per lb, B%@ iß%c; California limas. In bog, ll@l2c. Beets —Fancy home-g:own, per bu, I SI.SC. Cabbage—Home-grown, per lb, 2c. Cantaloupes—Honey Dew#, per crate, $3. Carrots—Fancy, home-grjwu, per bu, $1.60. Celery—Fancy High Ball, per crate, 1 sl7s® 2 ! Cucumbers Fancy home-grown, per’ ! dor, s2@2 25. Cranberries —Per bbl, $10; per half bbl boxes, $5.50; per bu, $3.50. Grapes—California Mnlagas and To- ■ kaya, per 25-lb crate, $2.73@3; California i Amperors. per 25-lb. crate. s3@3 25. Egg Plant—Fancy home-grown, per doz, f 1.25® 1.40. Grapefruit—Fancy Isle of Pine, per ( box, $6.50@7; extra fancy Florida, per j ! box, [email protected]. Lemons Extra fancy California Sun- | klst. per box, $5.75@0; extra fancy Call- : [ fomla - choice, per box, $5.60@0. Lettuce— -Fancy home-grown leaf, pet : Iha basket, $1; fancy home-grown endive. 1 per doz, 40c; fancy home-grown head j lettuce, per bu, $1.65; fancy Washington Iceberg, per crate, $7.50; fancy hot house, ' per lb. 10c. I Onions—Fancy home grown, yellow, j per 100-lb bag, [email protected]: fancy'’lndians I whites, per 100-lb bag. s’2 85; extra fancy ! Indiana, white, per 100 1b hag, $2.75 j3; ! fancy Spatilsh, per crate. $2.50; fancy ! pkdtilng, per 50-lb box, $1 50. Orange# -Extra fancy California Vnlenclt*. per crate, S7.SO®S7S. Parsley--Fancy hou.o'grown, per doa, 23< • Prunes—JFancy Idaho Italian, 16-lb box, Petrs—All kinds, $1.15@3 per bn. Radishes—Hutton home-grown, per dos, 25c; fancy long, per doz, 23c x fancy Michigan, round whites, per 150 U> bag. $3 75 ® 3 90 Sweet Potatoes—Fancy Virginia Red Stnrs, bbl, $5; per hamper, [email protected]. Spinach—Fancy home grown, per bu, $1 25. - Squash—Summer, per bu, $1.75 Tomatoes— Fancy home grown, per bu, . $1 Bo@2 Turnip# -Fancy home-grown, new, per j bu, $1.50® I 73. I1 ‘ ' Weathcv The following table shows the state of the weather at 7 a. tu , ax observed by [United Mutes weather bureaus: Station. Bar. Temp. Weather. Indianapolis, Ind... 30.23 63 Clear i Atlanta, Gs 30.26 60 Clear i Amarillo, Texas... 29 78 62 Cloudy Bismurck. N, D.... 30.-08 28 Cisar Boston, Mass 80.24 56 Clear Chicago, |ll 30.18 66 Clear Cincinnati, 30 26 5s ejenr Cleveland, 0 30.26 66 PtCldy Denver, Colo. ..... 29.78 4u Cloudy Dodge City, Kan./. 29 86 60 Rain ! Helena, Mont 80,02 8< Clear j Jacksoavllle, Fla., 80.12 7'2 ' Clear | j Katiims City M 0... 2WUM (It; Cloudy j Louisville. Ky 30.26 (14 t’lcar j Little Rock. Ark... 30.12 60 Clear Los Angeles, Cal. 29.96 50 clear I Mobile, Ala 30.12 nH PtCldy | New Orleans. La... 30.06 68 Clear New York. N. Y 80.24 60 Clear Norfolk, Va 30.20 02 Clear Oklahoma City .... 29.92 6* Rain Omaha. Neb 29.88 68 Cloudy ; Philadelphia, -4M.... 30.28 02 Clear ! Pittburgh, Pn 80,80 .'6 Clear ! Portland, Or- 80.16 ll Clear [Rapid City. 8.. D. 30.00 38 PtCldy i Hosebnrg, Ore. ... 30.20 42 Cloudy Ban Antonio, Tcva* 29.94 70 Rain Fan Francisco, (*nl. 80.94 54 Clear St. Louis, Mo 30.10 62 Cloudy ■ St. Paul, Minn 29.94 62 Cloudy Taropi, Cla 30.04 74 Clear W ashington. I>. C.. 30.26 56 Clear WEATHER ( ONDITIONS. Since Tnwttt) morning there tm# been a continuation of the showery condition from the weft gulf to the western lakes region and some precipitation also from the middle Itorkle* to the south Pacific and in the middle western Canadian ! province#, Thl# precipitation fans ,oci curred In connection with an extensive depression that has been In the West for several days, while fair wculher has obtained generally in Eastern sections due to high barometric pressure. High temperatures continue generally throughout the Mississippi valley and the Last, but the reading# are below freezing over much of the far North west. J. H. ARMINGTOX. Meteorologist, Weather Bureau. WHOLESALE FEED PRICKS. Top Sacks. Cwt. Acme brand..... $42.00 $2.15 Acme feed 42.00 2. I.Y Acme middlings .48.00 2.45 Acrue dairy feed >60.00 3.05 K '/j dairy feed 49.25 2.50 Acme H. A M 48.75 2.50 Acme stock feed 42.00 2.15 Cracked corn. 48.75 • 2.50 Acme chicken feed 58.00 2.05 Acme scratch 55.(H) 2.80 E-'/j scratch 52.00 2.05 Acme dry mash 68.50 2.95 Acme hog feed 66.00 2.85 Homllk yellow 48.75 2.60 Rolled barley i 66.75 2.00 Alfalfa mid 55.00 2.80 (lotion seed meal -63.25 3.20 Linseed oil meal 69.00 3.50 , GRAINS. | Shelled corn, small lots $ 1.12 I Shelled eorn, large lots 1.11 1 Shelled corn. 2-bu sacks 1.18 1 . Oats, bulk, large 63 Oats, less than 100 bu 08 Chicken wheat, cwt, sacked 4.00 CORN' MEAL AND CLOCK. Corn meal, cwt, net $ 3.30 E-Z-Bake bakers’ flour, 98-lb sacks. 12.70 CHICAGO PRODUCE. CHICAGO, Oct. 20.—Butter-Creamery extras, 54c; creamery firsts, 4S%c; firsts, 52c; seconds, 41c. Eggs—Ordinaries, 49® 56c; firfits, 57%@58%c. Cheese--Twins, 22%c; Yojing Atnericus. 23e. Live jioiil try—Fowls, 23c; din ks, 2%c; geese, 250; spring chickens, 20%c; turkeys, 40c; roosters, 20c. Potatoes -Receipts, 74 cars; Wisconsin and Minnesota, $1.50<<i!1.73. WHOLESALE BEEF PRICES. The following are today's wholesale prices for beef cuts as sold by the Indianapolis markets: Ribs—No. 2,37 c; No. 3, 24<\ Loins— No. 2,27 e; No. 3,23 c. Rounds—No. 2 25c; No. 3,23 c. Chucks—No. 2, ICe; No' 3,14 c. Plates—No. 2. 12c: No. 3.11 c. LOCAL HIDE MARKET. Green Hideß—No. 1,9 c; No. 2, Bc. Green calves—No. 1. 11c; No. 2, 9%c. Horsehides —No. 1, $5; No. 2, $4. Cured hides—No. 1,10 c; Mo. 2,9 c.

GRAIN MARKET TONE DULL After Gains at Start, Grains Suffer Declines. CHICAGO, Oct. 20.—Dull trading caused lower closing prices on the Chicago -Bonrd of Trade today. The market opened firm on a lack of offerings, hut this was offset In later trading by a fair amount of selling. December wheat dropped 3%c when the market suffered a sharp break on heavy unloading of wheat for"* that month. December wheat opened at $2.07, an advance of 2c and closed off 3%c; March wheat opened up lc at $1.96% and closed off lc. December corn opened at 83c, lc higher, but later lost 2%c. May corn opened up %c at 87%c and closed down %c. December oats at the opening of 54%c was up 9c, but at the close uellne %c. May oats opened at 5S%c and closed up %o. Provisions closed steady. (By Thomson & McKinnon.) —Oct. 20Wheat —More favorable news la. English affairs Imparted a little atrcngtli to the e-irly wheat market. 1 Market encountered hedging sales against freer offerings by the southwestern producer. This was followed by a statement thut Germany would be out of the market for two months to come, as her credit with Holland was exhausted. Flour trade, although slightly Improved, is still dull. Prices have been lowered /rom 40 to 45 cents per barrel and some of the larger mills In the Northwest are cutting down their working forces. There is considerable reason for believing that wv not only have passed out of the period of unnecessary buying, but we liave reached a time when the buying power for all commodities, including food, jvlll be reduced to a minimum. Corn—There is no disputing the fact thav there is a huge overplus of all feedstuff®. It is ao great that It is problematical as to ,vvheFe a demand, large enough to overcome it. will appear. The •'Price Current" estimates the number of hogs now fattening for market lu Kansas and Oklahoma at 42 to 83 per cent of last year. If it develops that any such extreme reduction In farm feeding prevails over the entire corn belt It will be , very difficult to determine what ia a fair value for the irplus. Oats—ln addith... to the Items mentioned above, which were effective in out*, the market h-. been compelled to accept selling by cash houses though to be against purchases from the country. Iu this grain, as In corn, the distributing la distinctly slow. Motives for any per roanenl enhancement of values are not discoverable. CHICAGO GRAIN. , ~ —Oct. 20— WHEAT— Open. High. Low Close. Dec..... 2.07 2.09 2.02% 2.03% March... 1.96% 1.90% 194 1.95% CORN— Dec 83% 83% 80% 81% May 87% 88% 86% 86% OATfe—- . Dec 54% 54% 63 53% May 58% 59% 58% 58% PORK—•Oct 22 95 •Nov 22.95 LARD— Oct 20 55 20.60 20.56 20.60 N*.v 20.23 20.23 19.95 20.25 RIBS— / - _ •Oct i 1700 •Jan 14.62 •Opened nominal. CHICAGO CASH GRAIN. CHICAGO. Oct. 20.—Wheat—No. 2 red, $2.26%; No 4 red $2.14%; No 1 hard winter, $2.1%®2 17; No. 2 northern spring, $2.11; No. 3 spring, S2OB. Corn So. 1 white. 89%@#Oc; No. "2 white, Otic; No. 2 yellow, 57%®89%c; No. 3 White. Mtc; No 3 yellow. 88%c. Oats -No 1 white, 34%c; No. 2 white, 53%®55%e: No. 3 white, 52%@53c; No. 4 white, 48®51c; standard, 49®51%c. TOLEDO CASH GRAIN. TOLEDO, <ct. 20.—Wheat—Cash and f December, $2,19. Corn—No. 2 yellow, 06c. 'oats- No 2 white, 67@3%r. Rye—No. 2. $1.73. Bnrler So. 2,05 c. Cloverseed — Cash O 01. $12.90 (1820), $13.50: Uctorter. $13.50; December. $13.00; February, 813.85; March. $13.80; Jannary, sl3 75. Titpcthy -Cash , (1918 and 1910). $3 22%; October, $3.39; I •©cembcr; 13.25; Mirch, $3.30 Alstke—Ca*h, $1725; *ctober. $17.50; December, $17.35; March. $17.25. PRIMARY MARKETS. (By Thomson A McKinnon.) —Oct 20— Wheat Corn Oats Chicago 72,000 433.000 317 000 Milwaukee ... 4.000 48.000 65.000 Minneapolis . 645.1 W) 22,000 103.000 Duluth 264.000 St Lonla .... 98.000 31.0*0 120 060 Detroit t.OTM h.tHMI Kansas City .. 132.000 16,000 10,000 Or mi ha 62.000 11.000 2.000 Indianapolis . 6.'io(Jt 'V.i.OnO 42.0 K! Tctnls 1,518,000 001 .< Year ag0.... 1.7!00<i 520,000 702,000 —Shipments— Wheat Corn Oats Chicago 83.000 367,000 69.1 KW Milwaukee ... H.IKVO 109.000 1.000 Mlnneupolla . 173,000 9.(nio 06,000 Duluth f 18,000 St. Louis 138 000 21,000 82.000 Toledo . 3,000 B,OW Detroit 2,000 4.0i0 Kansas City.. 220.000 5 000 7.000 (Uriah 1 10.000 17,00;) OO.OOb Indianapolis . 1,000 46.000 28,000 Totals 1,157.000 579.000 355.000 Year ago... 889,000 328,000 685,000 —Clearances—- (>• 'll W. Cnri' New York ... 21.000 Philadelphia . 40.0(9) .' New Orleans. 310.000 Totals 371.000 Year ago... 47,000 INDIANAPOLIS CASH GRAIN. _ —Oct. 20 - Bids for car lots of grain and hay at the call of the Indianapolis Board of 1 Trade were : Wheat—Weak. Corn—No. 2 white, 024/93c; No. 3 white, 90®Vlc; No. 2 yellow, 87®S9c; No. 3 yellow, 85@87c; No. 2 mixed. 8(1 (itß9c. Oats Easy; No. 2 white, 53%®55%c; No. 3 white, 52%@54%c. Hay—Easy; No. 1 timothy, $27®27.50; No. 2 timothy. $264f20.50; No. .1 light clover mixed, $25.50®20; No. l clover hay, $24 @25. - Inspections— No. 5 red, 1 car; sample, 1 car; total, 2 cars. Corn -No. 2 white, 5 cars; No. 2 yellow, 13 cars; No 4 yellow, 1 car; No. a mixed, 1 car; t6tal, 20 cars. Outs—No. 2 white, 7 cars; sampij white, 1 car; total, 8 cars. Hay—No. 1 timothy, 2 cars. HAY MARKET. The following are the Indlanapolla prices for hay by the wagon load. Hay—Loose timothy, new, $20@29mixed hay, new. S2C@2B; baled, $27&529' Corn—Bushel, sl.lo@ 1.20. Oats—Bushel, new, 50®56c. WAGON WHEAT. Indlannpolis flour mills todny are paying $2 for No. 1 red wheat, $1.97 for No. 2 rod wheat, and $1.94 for No. 3 red! Other grades according to their quality. Articles Filed by Acetylene^Company Articles of incorporation were today filed by the Acetylene Products Company with the secretary of State. The cifyifal stock of $50,000 will bo divided into 500 shares of par value of SIOO each and will be held as common stock. Incorporators are Arthur R. Baxter, John G. Appel, Fred G. Appel, Scott Wade, George S. Olive and Ohio L. Wade. The Overland Crane Company of Chicago hns been authorized by the secretary of State to operate In this State, as $25,[OOO in stock Is represented within the ! State limits. Permission is granted the company to do general contracting and manufacturing. The East Pratt Street Realty Company has reported redemption of all its original preferred stock of $47,500, according to legal requirements, The company now petitions the State for authority to Increase its stock. The petitioners are E. G. Spink, George B. Elliott and C. J. Scbuh.

IMPROVED MONEY MARKET IS SEEN Meyer-Kiser Bank Buys School Building Bonds. A highly improved money market is seen ,in financial circles through purchase by tho Meyer-Kiser bank of Indianapolis of, a building bond issue of $1,176,000 to provide money for the unfinished part of the board of school commissioners building program. Sale of the bond issue was made to the Meyer-Kiser bank, in combination with the William R. Compton Company of St Louis for $1,150,595.40, by the board. . Improvement of the money market, h is polnted'out by Mr. Kiser, vice president of the bank, is to be observed through the value of the bonds, which he states have a ready market at theit par value of SIOO. Six months ago similar bonds, drawing 5 per cent interest, were rated at about $94. The entire issue of $1,176,000 is of serial bonds, bearing 6 per cent interest. Os the amount, will be retired in 1925, and $75,000 annually thereafter until 1939, when the issue will have been completely retired. A higher bid, by the Harris Trust A Savings Company of Chicago, for twentyyear bonds, was turned'' down by the board on advice of Ralph W. Douglas, assistant to the business director, that the school city is now approaching the limit of its indebtedness, and the retiring of $75,000 of bonds annually will add to its borrcdl'lng power. If tWentgyear bonds had been arranged none of them could have been retired until 19^0. Purchase by the Meyer-Kiser bank of the present issue of bonds makes it the | second big issue that the bank has ; taken in recent* months. ; In June the bank made a purchase of i an issue amounting to $1,600,000. ; The two Issues make a total of almost j $3,000,000 in bonds that the bank has handled in the present year, and officials are somewhat rroud of the record [ botli from a financial and a civic standj point. j The award to the Meyer-Kiser bank ! was made from among fourteen different bids, representing forty bond houses. Practically every financial center in the country was represented with bids. The money from the bond Issue will enable the school commissioners to continue with Its building program and in providing money as a means to relieve school congestlor. In Indianapolis, the bank feels that It has rendered a real public service. Vhls Is regarded as especially true when it Is considered that a portion of the money will be used for purchase of ground and for bulldlng-ucn- [ structlon of the new high school to be loj eated at Thirty-Fourth and Meridian j streets. Six-Inch Snowfalf Reported in Arizona LOS ANGELES, Cal., Get 20.—Dej dared by the local weather bureau to jbe one of the earlles snowfalls for i southern California and,Arizona, mountains throughout the southern part of j the State were Covered with snow today. Nearly six inches of snow was rej ported at Flagstaff, Ari*. The San Bernardino mountains back of Los Angeles were covered with from one to three inches of enow. Marriage Licenses Willla II Milton. 647 Bright st 23 i Garnet Tate, 610 W. 11th st 21 Waldo Spitz. Osborn. Ohio 20 t Mildred Echols. 2852 Northwestern ave. 18 i Floyd Kerryg, 18 Butler ave 22 1 Margaret Pflster. 1730 Laurel st 17 Arldgli Junes, 272 \. Eldor ave ..... 21 Margaret Salmon, 375 N. Belmont ave. 17 i M. Lawrence Burke. Crown Point, Ind. 27 Corrinlue Luckloger, 1023 N. New Jer. 20 I John Mnxey, 1908 Boulevard place.... 35 Ruth Lyons, 1145 N. Sheffield ave 21 j John Bncar, 718 N. Holme* ave 34 j Anna Klobucar. 720 llaugh st 34 ; Harry Caskey. 1030 S. East st 22 j Lillian Weidtnaji, 614 Buchanan 5t.... 25 Daniel Owens. 431 N. Holmes ave.... 22 Klnora Marvel, 431 NorthMlolmes ave. 23 Held Sprague, 1029 W. 29th st 20 Sura Hawkins, 1005 Eugene *t 28 George White, 19 N. New Jersey 5t.... 24 Geneva Moore, 130 N. New Jersey st.. 30 Joseph Carother, 326 E. Eleventh st.. 21 Mary Day, 150 8. Illinois st 20 I Ernest Cochernn, 4513 8. East st;.-.s- 31 ! Florence Liggett, 539 Harrison st 18 Andrew J. Fentress, 542 N. Blackford 46 Marie Hale, 512 N. Blackford st 39 i John H La Rice, 832 VV Tenth st... 43 Fannie Robertson, 226 W. Eleventh st. 83 ' Harry Hopper, N. Blackford 5t....... 23 Amelia Gray, 401 Bright st 16 Hugh Beneflel, 125 N. Alabama 5t.... 28 IsaFfelle Myers, 648 Hally Peter Delello, 2221 IV. Welkins 5t.... 50 | Olive Higgins. 2221 W. Welkins st... 25 Births Rex and Francis Graham. 5113 Burgess, girl. Deiraer and Abble Hylton, 3441 W. j Michigan, boy. Charles aud Nora Imhtussn, 308 N. 4 Elder, boy. Thntleus and Mamie Shaw, City IlosI pltal, girl. I John and Tillle Lawson, 38 N. Elder, ' girl. Ralph and Nann Claumont, St. Vincent’s Hospital, girl. Hurry and Meda Workhoff, St. Vincent’s Hospital, girl. Jnines and Mary Manalay, St. Viucetit’s Hospital, girl. Edward and Susan Moore, 627 Goodlet, girl twins. John aud Eunlc* Wilcox, 2006 Hoyt, girl. Frank and Stella McCarthy, 402 N. Liberty, girl. Arnel and Katherine Armstrong, 914 8. West, boy. Chester and Lora Salisbury, 1237 Herbert, boy. Herman and Esther Frank, 243 N. Walcott. boy. 8: nir.el ar.d l.enore Highloyinan. Methodic, Hospital, girl. John and Nina McCarthy, 330 Addison, girl. Fred and Mattie Otto, 551 Westuiorelund, girl. Raleigh and Emma Graham, 1936 Madison, boy. Deaths Wehater Hum 52, City -hospital, chronic Interstitial nephritis. Manley Hopkins, 40 minutes, 234 Mcßim, atelectasis. James Edward Young, 6 months, 243 Fulton, acute lleo colitis. Ellin B. Snyder, 35, 2421 North Gale, pulmonary tuberculosis. Ren Sutton. 63, Central Indiana Hos- ! pltal, pulmonary tuberculosis. Janie Kefcham Ilibben, 66, 5433 UuiverI sity, uremia. V j Sntnh J. Champion, 73, 2019 Olive,’-bron-JeUal asthma. Investment ■ 9 5 I* a weekly magazine. Tells I you just what you should know | about high grade listed stocks E and bonds, and how to make a I profit on them. Contains nothing for the man or woman who wants Io get rich quick, but is worth much to those who want " [ f to put their saving and invest* ing on a more profitable basis. One investor, after comparing y the statements in ‘‘lnvestment” J with Babson’s and Poor’s for I I five months, says the service it I renders usually costs from SIOO I to $l2O per year, “investment” 8 will be seat to you free if roa ask for it. |[ v I i*>ii4 sMgTgfia

Middaugh Trial to Await Special Venire Charlie Middaugh, a brother of Everett (“Shiner”) Middaugh, did not gf> to trial today in Criminal Court on a charge of operating a blind tiger, because Special Judge James M. Leathers insisted that the case be tried by a jury. The insistence of Judge Leathers re suited in the case being continued and a special venire drawn to ffll the jury box. Middaugh was fined S2OO and sentenced to sixty days on the Indiana State FaVm in the city court, and this was appealeo to the Criminal Court. 6 1 Citizens in Arms to Stop Auto ‘Parties* Citizens of Warren township who are members of the Horsethlef Detective Association will meet tonight in the office of the county superintendent ot schools to discuss steps to be taken to break up the practice of joy riders in machines parking In dark corners gnu side roads and staging “wild parties.” Announcement was made that members of the association in Warren township have been patroling the roads at night in an effort to break up clandestine meetings between men and women in automobiles with all lights extin- | guished. f Two New Banks Are Given State Charters Charters were today granted to the State Bank of Clermont anti the Broaoway F\tate Bank of Ft. Wayne, in a meeting of the State Charter Board. Each of the institutions Is capitalized at $25,000.

ADVERTISEMENT. Do You Understand the League of Nations? Republicans, Independents and Progressives, men and women, and all others who wish to hear the trath about the League of Xataons from nationally known Republican, Progressive and Democratic speakers, are urged to attend any of the three meetings. Wednesday Night, 8 O’Clock Auditorium, Masonic Temple Illinois and North Streets Propylaeum, 17 East North Street Quality Theater, Fountain Square At the Masonic Temple, Herbert E. Parsons, former member Republican national committee; Capt. George H. Gillen, Chairman National Disabled Soldiers’ League; Prof. * Irving Fisher, Yale University, and Emmons Blaine, of the famous Blaine family, will speak. At the Propylaeum, Henry Van Dyke, diplomat; Charlotte Perkins Gillman, noted author, arid Prof. Irving Fisher will speak. At Quality Theater, Fountain Square, Seeretary of War Baker and “Go to Hell” Whittlesey, commander of the famous Lost _ Battalion in the World War, will speak. With two exceptions, all these speakers are Republicans, but are supporting the League of Nations. Come out and hear them. * COMMITTEE.

80/ INDIANAPOLIS /Q securities company I INDIANAPOLIS, INDIANA Please give me information about your securities paying 8 per cent (non-taxable) and which you can prove to my satisfaction to be a safe investment in an established business. Name Address

f FEDERAL TAX ' SPECIALISTS 4 ft!' ' ACCOUNTING 'COST ENGINEERING > A. APPRAISALS I Chaa r. Dooev E. Rogers. DONEY-ROGERS CO. Inc. BTH FLOOR HUM E-MANSUR BLDG. Beli Phone, Main 6416. / ESTABLISHED 1917. Automatic 23-I*4.

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ACT TO PROTECT STATE’S BUYING Purchasing BoarcF Will Have Strict Requirements. Action by the State Joint Purchasing Board, which will insure the correct quality and quantity of groceries secured by the State for its institutions, is .now being by Maurice Shelton, secretary. Mr. Shelton is developing an analytical report or chart with which bidders, retailers and manufacturers will be directly concerned. classes of-groceries will be itemized on a chart and then classified according to grade and quality. Each item will specify the nmouut of the Ingredients to be contained in each article. When complete the chart will tell hew j many spotted or speckled beans are au- ; thorized in a shipment or order, and if ; the order does not meet the standards j cf the purchasing board it will immedi- ! ately be returned to the shipper with the report of the purchasing board’s idspec- ! tion. j At the present time the purchasing board is governed only by a sample of the product purchased, while in the future every item must meet the requirements and specifications of the chart now being prepared. The charts include the kind of container the product shall have, the manner of shipping, a statement of the various per cents of each ingredient and other j information which it is hoped will guarantee the saving of money to the departj ment. AND THAT PROMPTLY. I “How illo the * Grabcoins stand socially ?” “Like most climbers who have money." , “How’s that?” “They stand and deliver.”—UirmlngI ham Age-Herald.