Indianapolis Times, Volume 33, Number 215, Indianapolis, Marion County, 17 January 1921 — Page 10

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STOCK MARKET TONE STRONG Local Transport Issues Early Market Feature. NEW YORK, Jan. 17.—Local transportation stocks were the feature of the trading at the opening of the stock market today, these issues making substantial gains, because of the belief that legislation is close at hand that will bring relief to the operating companies through a modification of the present lnterborough and Brooklyn Rapid Transit cootracts. United Fruit sold ex-100 per cent dividend at 103%, a net gain of 1% points. Strength was shown in some of the steels In the early trading. Baldwin advancing % to 92% and Republic Steel *4 to 70, but these stocks reacted after the Initial trading Steel common rose *4 to 83% and then reacted to S3. Reading was In supply from tho start, dropping over 1 point to 87%. Pittsburgh Coal rose one point to 60%. Mexican Petroleum advanced 1 point to 13% Market movements were irregular during the forenoon with the trend to higher levels. The oils were active but without much change In price after the first few minutes. Mexican Petroleum, after advancing to 16394. reacted to 161% and then moved up to 162%. General Asphalt was strong, advancing 3 points to 5794Bald win. after selling at 02%, dropped to 00% and then rallied to 01%. Steel common ranged from Si to 83%. Crucible Steel rose 2% points to OS and then reacted to 94%. Reading dropped 1% points to 87%. Southern Pacific yielded % of a point to 9794(By Thomson & McKinnon) —Jan. 17— Saturday’s market was fairly active, the tendency was toward a reduced volume. There were several periods when the demand was good, but in ono respect Saturday’s action was similar to Friday’s, with distinct tendency toward dullness. When we turn our attention the merit of the situation and prospecta for ultimate improved changes we must take into consideration the present state of trade and particularly its tendency and on this point we see no reason to change j the opinion which we nfe expressed during the last few weeks that we are on the road to recovery. It is true that within the next sixty days numerous cooperate statements will be published and these will necessarily show unsatisfactory conditions. But these statements must be consul- j ered In the light of what has already happened In the stock market and par- ' Ocularly the extent of last year’s decline which certainly went far to discount this i factor. f For immediate future we anticipate irregularity such as we have had during the last couple of days with a likelihood of fair recessions and the declines when the same should be met with buying orders. TWEXTY STOCKS AVERAGE. NEW YORK, Jan. 17—Twenty industrial stocks averaged 7.Y.14, up .Oil per cent. Twenty active rails averaged 77.56, up .41 per cetit. CLEARING HOUSE STATEMENT. NEW YORK. Jan. 17.—Exchanges $609,840,899; balances. $106.041.; Federal Reserve Bank credit balance, $104,884,247. Money and Exchange . .i ■— ■ IndlnnapoMs bank clearings today ; were $2,563,000, against $2,957,000 a week ago. NEW YORK, Jan. 17.—Foreign ex- ; change opened steady today. Sterling was $3.73%; franca. .0615: lire, .0346; marks, .0160; Canadian dollars, .8750; kronen, .1770. NEW TORK BANK STATEMENT. NEW YORK. Jan. 15.—Average: Loans, decreased. $90,500,000; demand deposits, decreased $62,957,000; time deposits, Increased $10,944,000; reserves, decreased $656,240. Actual: Loans, decreased $87,632,000; demand deposits, decreased $47 304.000; 1 time deposits, increased $7,522,000; reserve. decreased $11,203,920.

MOTOR SECURITIES. (By Thomson & McKinnon.) —Jan. 17— —Opening— I Bid. Ash. | Briscoe 18 10 i Chalmers, com 1 1% ; Pmv ard. coin 10 10% 1 Faeknrd, pfd 70 73 Chevrolet 400 ; Peerless 17 22 Cont. Motors, com 7 7% ' Cont. Motors, pfd 90 93 ; Hupp, com 13% 13% Hupp, pfd 90 IV> . ; Reo Motor Car 20% 21 Elgin Motors 3% 3% ! Grant Motors 1% 2 Ford of Canada SIR 223 j United Motors 35 65 i National Motors 6 I Federal Truck 16 20 Paige Motors 13 15 ; Republic Truck 17 19 ACTIVE OIL STOCKS. (By Thomson & McKinnon) —Jan. 17— -OpeningBid. Ask. i Anglo-American Oil 19% 20 Atlantic Refining 1000 1075 Uorne-Seryniser 390 410 ! Buckeye Pipe I.irie 80 85 J Chescbrongh Mfc. Cons .... 175 190 Chesobrmigh Mfg. Cons., pfd. 102 106 Continental Oil, Colo 110 117 Cosden Oil and Gas 6 6% Crescent Pipe Line 30 54 I Cumberland Pipe Line 125 135 ■ Elk Basin Pete S% 8% Eureka Pipe Line 97 100 Galena-Signal Oil. pfd 94 99 Galena-Signal Oil, com 40 51 Illinois Pipe Line 165 170 Indiana Pipe Line 86 89 Merritt Oil 12 12% Midwest Oil 1 It, Midwest Rfg 139 142 National Transit 28 30 New York Transit IGO 165 Northern Pipe Line 90 100 Ohio Oil 285 290 Penn.-Mex. 35 38 Prairie Oil and Gas 470 4*o Prairie Pipe Line 195 205 Sapulpa Refg 5 5% Solar Refining 375 385 Southern Pipe Line 112 113 South Penn. Oil 245 255 Southwest Penn. Pipe Lines 70 74 Standard Oil Cos. of Cal 313 317 Standard Oil Cos. of Ind 72% 72% Standard Oil Cos. of Kan. ... 595 COO Standard Oil Cos. of Ky 415 430 Standard OH Cos. of Neb. ... 390 410 Standard Oil Cos. of N. Y 347 350 Standard Oil Cos. of 0hi0... 395 410 Swan & Finch 35 50 Union Tank Line 113 117 Vacuum Oil 295 305 Washington Oil 30 35 NEW YORK CURB MARKET. (By Thomson 4 McKinnon.) —-Jan. 15— —Closing— Bid. Ask. Curtis Aero com 2 4 Curtis Aero pfd 8 8% Texts Chief 6 12 First National Copper % 1% Goldfield Con 6 7 Havana Tobacco 2 2% Havana Tobacco pfd 6 9 Cent. Teresa 8% 4% Jumbo Extension 6 7 International Petroleum 16% 16% Nirlssing 8 8% Indian Pkg 3% 4 Royal Baking Powder 110 115 Royal Baking Powder pfd... 78 82 Standard Motors 8 9 Sait Creek 24 27 Tonopth Extension 1% 17-16 Tonopah Mining 1% 1% United P S new 1% 1% U. S. Light and Heat 1 1% U. S. Light and Heat pfd... % t Wrlght-Mattln 0 7 World Ftlm 1-16 3-10 Yukon Gold Mine Cos 1 1% Jerome _% „ 8-16 New Cornelia 13 16% United Verde 28 30 Sequoyah 3-16 5-16 Omer Oil 2% 2%< Republic Tire. 1% 1%

N. Y. Stock Price

—Jan. 15— Prev. High. Low. Close, close. Adv.-Rum. com 18% Alaska G01d.... 35 34% 35 34% Alii* Chalmers.. 35% 34% 35% 34% Am. Agricul 61 59%> 59% 60% Am. Beet Sugar 45% 44% 45‘/a 43Mt Am. B. Mag. Cos. 51% 51% 51% 51 Am. Car & F<1...124% 124 124% 122% Am. Can 27% 27 27% 26% Am. H& L com B*4/ 8% 8% • 8% Am. H& L pfd. 45 44 % 45 45% Am. Drug 7% 7% 7% ”% Am. To. Corp... 46% 45% 46 45% Am. Loco 83% 83 83% 83 Am. Sm. & Ref. 37% 37 37% 87 Am. Sugar Ref. 92% 92 92% 93 Ain. S. Tob. Cos. 77 76% 76% 77 Am. Steel Fdy.. 30% 30% 30% 30% Am. Tel. & Tel. 99% 99% 99% 99% Am. T0bacc0...116% 116%) 116% 116% Am. Woolen 69 67 69 66% Ana. Min. C 0... 37% 37% 37% 37% Atchison 83 82" S3 83 At. Gulf A- W. I. 72% 71% 72% 71% Baidu’n Loco.. 91% 90%' 91% 90% B. & 0 37 36% 36% 36% Beth. Steel (B). 59% 59 59% 58% Bk. Rap. Trans. 11% 11% 11% 11% Can. Pac. Kv...117% 116% 117% 116% Cent. Leather... 39% 88% 38% 39 Chandler Mot... 68% 68 68% 68% C. & 0 61% 61 61 61 C. M. & St. P.. 29% 29 29 % 29 C.M. & St.P.pfd. 45% 44% 45% 44% Chi. Si N\ W.... 69% 69 60 % 68% C„ R. I. & P... 27% 27% 27% 27% C.R.1.& P.6 < ’rpfd. 63% 63 63 C. 73% 73% 73% 73% Chill Copper.... 11% 11% 11% 11% Chino Coper.... 22 21% 22 21% Col. Fuel A 1... 29 29 29 Columbia Gas... 60 59% 59% 59% Columbia Grap. 10% 10 10% 10% Consolidat. Gas. 80% 80% SO% 79% Cont. Candy Cos. 4% 4 4 4% Corn Products... 70% 69% 70% 60 Crucible Steel... 96% 94% 95% 94 Cuban Am. Sug. 28% 28% 28% 28% D. AR. G. pfd 2% 2% 2% 2 Erie 14% 14% 14% 14% Erie Ist pfd ... 21 21 21 21 Famous Players. 53 51% 53 51% Fisk Rub. C 0... 14% 14% 14% 14% General Asphalt. 55% 54% 54% 54% Gen’l Cigars ... CO% 60% 00% 51 Gen’l Electric... 123% 121% 123% 121% Gen’l Motors ... 13% 14% 14% 15 Goodrich 42 41 42 41 Gt. North, pfd.. 77 76% 76% 76% Gt. North. Ore.. 29% 29% 29% 29% Houston Oil 73 73 73 73% Illinois Cent.... 89% 89% 89% K% Inspiration Cop. 34% 34% 34% 34% Interboro Corp.. 4% 4% 4% 4 lnt’l Nickel .... 15 15 15 15 Inter. Paper ... 59% 58% 59% 68% Kelly-Spring. .. 46% 46% 46Vj 46% Kennecott Cop.. 19% 19% 197a 19% Lackawana Steel 55% 54% 55 54% Lehigh Valley... 55 54 % 05 55 Loews Inc 17 16% 16% 16% Marine com 15% 14% 15 14% Marine pfd 54% 54 54 54% slax. Mot. com. 6% 6 6 6% Mex. Pete 162% 160% 162 161% Middle Sts. OU. 13% 12 a 13% 13% Midvale Steel... 32 31% 32 32V* M. K. A T 2% 2% 2% 2% Mo. Pac. 11y... 19% 19% 19% 19% N. Y. Central... 73% 73V* 73% 73% New Haven 22% 21% 22% 21 % Nor. A West... 102% 101% 102 101% Northern Pacific 84% 53% 84% 83% Ok Pd A Ref Cos 3% 3% 3% 3% Pacific Oil 35% 35% 35% 35% Pan-Am. Pete... 75% 75 75% 75% I‘ennn. Ry 41% 41% 41% 41% People's Gas.... 35 34 35 34 Pierce-Arrow.... 24% 24 24 24% Pierce Oil Cos.. 10% 10% 10% 10% Pittsburgh Coal 59% 58 59 58% Pull. Pal. Car. 108% 108% 108% 107% Pure Oil 35 34 % 35 33 Ray Copper 13% 13% 13% 1274 Reading 80% 87% 89 87% Ren. Iron A Stl 79% 69 69% 8% Rnv. Itch of N.Y 68 67 % 67% 66% Sears - Roebuck.. 92% 91 92% 91% Sinclair 24 23% 23% 23% So. Pacific 98% 98% 98% 68% So. Railway... 23% 23% 23% 23% StanOll N.J.pfd.loß% 108 108% St.L.AS.F.com.. 22% 22% 22% 22% Strom. Garb... 38 38 38 37% Studebaker .... 52% 51% 51% 32 Tenn. Copper.. 8% 8% 8% 8% Texas Cos 44V* 43% 44 43% Texas A Pacific 19 18% 18% 18% Tob. Prods 6574 54% 55% 54% Tranß. OU 10 9% 10 10 Union Pacific. .120% 120 120 119% I'. It. Store* 55% 54% 55% 55% U.S.F.P. Corp . 24 22% 24 22% r. Fruit C0...205% 205% 205% 204 17.S.Indus. Alco. GB% 87% 68% 67% U.S. Rubber 66% 66 60% 63% US. Steel 83% 82% 83 8274 U.S. Steel pfd..llo 110 110_ 109% Utah Copper... 33% 33 33% 53 Van. Steel 39 37 V* 3874 37 Wabash 87* BV* 8% 8% Wab. Ist pfd... 22 22 22 22 West. Union 87% 87% 87% ... West. Electric. 44% 44% 44% 44% W Overland ... 8 7% 774 7% Wilson & C 0... 43% 43% 43% 42% Worth. Pump.. 45% 45% 45% 45% NEW YORK LIBERTY BONDS. —Jan. 15— Prev. High. Low. Close. Close 1- B S%B 92.30 92 10 92.30 02.30 L. B. Ist 4s 86-00 L B 2d 4s 87.00 86.00 86.90 86.92 L. B.' Ist 4%5.. 87.60 87.40 87X0 87.42 I, B 2d 4%5... 87.16 87.00 87.12 87.02 I, B 3d 4%5.. 90.30 90.08 90.30 90 16 l/ r' 4th 4 % s.. 87.30 87 14 97.22 87.30 Victory 3%s 97.26 97.20 97.20 97.20 Victory 4%5... 97.28 07.20 97.24 97.2(1

In the Cotton Market

NEW YORK. Jan. 17.—Trade and Liverpool intereets bought enough at the opening of the cotton market today to hold it steady in the face of moderate selling by Wall street. The cables were rather poor, but reports on textile conditions continued bullish, foreign exchange was strong and the South reported a better demund for the spot article, especially low grades from domestic mill*. The list was steady at the end of the first twenty minutes at a shade tinder Saturday’s close. New York cotton opening: January, 17.50 c; March. l<X2sc; May. 16.25 c; July. 10.37 c; September, 16.40 c; October. 16.42 c; November, 16.40 c bid ; December, 10.40 c. LIVERPOOL. Jan. 17.—Spot cotton opened at a good inquiry today with prices easier and sales around .5 000 bales. American middlings, 14.94d; good middlings. 12.44d; full middlings. 11.596; low middlings. 9.09d; good ordinary, 7.53d; ordinary. 6.84d. _ Futures opened quiet and steady. INDIANAPOLIS PRODUCE. Eggs—Fresh, loss off, 62c. Poultry—Fowls, 22®27c; springers, 2Cc; cocks. 17c; stags, 17c; old tom turkeys, 35c; young tom turkeys. 12 lbs and up, 40c; capons, 7 lbs. and up. 36c; young ben turkeys, 8 lbs and up, 40c; cull, thin turkevs not wanted; young torn turkeys, 40c; ducks. 4 lbs. and up 25c; ducks, under 4 lbs., 20c; geese, 10 lbs. and up, 20c; squabs, 11 lbs. to dozen, $7; guineas, 9-lb. size, per doz., 6. Rabbits—Drawn, per dozen. $2.50. Butter —Buyers are paying 51®52c for creamery butter delivered at Indianapolis. Butterfut— Buyers are paying 50c for cream delivered at Indianapolis. CHICAGO PRODUCE. CHICAGO, Jan. 17.—Creamery extras. 48%c; creamery firsts, 47c; firsts. ’iS@ 46%c; seconds, 33@37c. Eggs—Ordinaries, 63@66e; firsts. 68<§69c. Sheese —Twins, 23%c; Young Americas, 26%c. Live poultry—Fowls, 29c; ducks, 31c; geese, 26c; spring chickens, 26e; roosters, 20c. Potatoes — Receipts. 73 cars; Wisconsin and Minnesota, $1.20® 1.45. CLEVELAND PRODUCE. CLEVELAND. Jan. 17. —Butter—Extra, in tub lots. 53%®56c; prints. 56%®57c; extra firsts, 54%@55c; seconds, 48@50c; packing stock, 12® 14c; fancy dairy, 30 @33c. Eggs—Fresh gathered Northern, extra firsts, 73c; Ohio firsts (new casesi, 72c; firsts (old cases), 70c; Western firsts (new cases), 70c: refrigerator extras. C6c; refrigerator firsts, 62c; (a case contains 30 dozen). Poultry—Live, heavy fowls. 30e; light stocks. 25c; roosters, 21c: spring ducks, 38@40e; turkeys, 45@50c; geese. 30@35c; spring chickens (choice), 29® 30c. WHOLESALE BEEF PRICES. The following are today's wholesale market prices of beef cuts as sold by the Indianapolis markets. (Quotations by Swift & Cos.): Ribs—No. 2,34 c; No. 3,19 c. Loins— No. 2,51 c; No. 3.28 c. Rounds—No. 2, 23c; No. 3,17 c. Chucks—No. 2,12 c; No. 3,10 c. Plates—No. 2,12 c; No. 3, lCe. INDIANAPOLIS HIDE MARKET, i Green Hides—No. 1,6 c; No. 2, Be. Green calves—No. 1,8 c: No. 2, 6%e. i Horse hides—No. 1, $4; No. 2, $3. Cured hides—No. 1. 8c; No. 2. 7c.

SWINE PRICES 25 CENTS HIGHER Trade in Cattle Fairly Active —Sheep Receipts Small. RANGE OF HOG PRICES. Good Good Good" Jan. Mixed. Heavy. Light. 11. $9.26® 9.50 *5.75® 9.00 *9.50® 9.75 12. 8.50® 9.75 9.o't® 9.25 9.75®10.t)U 13. 9.60® 9.75 ,9.b0 9.25® 10.25 14. 9.76® 10.00 9.50® 9.75 10.0l)®10.50 15. 9.25® 9.60 9.00® 9.25 9.50® 9.36 17. 8.60® 9.75 9.26® 9.50 [email protected] Hog prices were generally 25c higher at the opening of the local live stock exchange today, with a top of $10.25 on some good light hogs and the bulk of the sales for the day at su.so©lo. The bulk of the good light nogs, however, brought 59.75©10, but the sales of that grade at $10.25 were fairly heavy. Good heavy hogs generally brought $9.25©9.50, and mediums anil mixed SU.So ©9.73? Roughs brought $7.50@5..>0, with the bulk at SB, while pigs ranged at $0©0.75. Receipts for the day approximated 15,000 fresh swine and close to 1,200 left over from the closing day of last week’s market. The demand was fairly good at the higher prices, both by the local packers and shippers, and indications pointed out that there would be a good clearance for the day. There was a fairly good demand for cattle, with receipts close to 800, and prices generally about steady,' although a few fancy light butcher cattle were probably a shade higher than they would have brought on the last Saturday's market. fanners, cutters, steers and bulls were generally steady. There was a steady trend to the prices on the calves market today, with a top of $14.50. and the bulk of the choice calves at sl3© 14. Good calves brought $12©13, and mediums S9(SII. Lightweights, heavyweights and common stulY were a shade lower in a few cases. . _ , Receipts for this day 4 approximated 400. There were hardly enough sheep on the market todav to make what would really be called a market, but prices were about steady on the seventy-five sheep and lambs that were in. HOGS. Best light hogs, 100 to 200 lbs j average ?, 200 to 300 P—>© , Ovt 300 lbs 8.,.i S„ws 7.50571 .S..i(Vj Best pigs, under 140 lbs 9.00© 9.7,> Bulk of sales 9.50© 10.00 CATTLE. Prime cor.tfed steers, 1,030 l“ and up O.OOrtJIO.OO Good to choice Bteers, 1,200 to „ 1.300 lbs S .o© 9.3 | Good to choice steers, 1,100 to j 1,200 lbs 7.50© S..*)j Medium steers, 1,000 to 1,190 ; lbs ..20© S.2oj Common to medium steers, 800 to 1.000 lbs 6.00© i .So | —Heifers and Cows — Good to choice heifers........ Medium heifers •' 66 tt Common to medium heifers.. 4.00© •-*-* j Good to choice cows 54)0© J.• > Fsir to medium cows 4XO© •> -■; Can bers J.iofa >•->; —Bulls — Good to choice butcher bulls 900© 7XO Bologna bulls .. r.'not* i'jo Light common bi lls 6.00 —Calves — Choice veals J3.00((£14..0 Good veals 1 3 - Lightweight veals 6.00© ..00 Medium veals Heavyweight calves odwi 8.00 Common heavyweight calves. 3.00© 7...0 —Stockers and Feeders— Good to choice steers, 800 lbs Good to choice steers, under 800 lbs 7.005/ 8 00 Medium cows 4x6© 000 Good cows 5.5i Good heifers - £.so© 6.00 Medium to good heifers rS’SPJLS’m, 1 Good milkers --•••••• M.OOgOS.OU Stork calves, 250 to 450 lbs... o.ooxi 8.00 SHKEP AND LAMBS. flood to choice sheep Fair to common 2Mfa ticks .. •• • ■s-Wijl Cull sheep l.tX)© 1.50 —Lambs— Common to choice yearling*-. 5.00© 6.00 Spriug lambs B.oo© 9.00

Other Live Stock

CHICAGO, dan. 17.— Hogs—Receipts. .59.000; market 10c higher; bulk, $9.40® 9.65: butchers, $9.35® 9.55; packers. s*.os ® 9 15; lights, $9.55® ft.SU ; pigs, $9.60®, 10 ; roughs, $S 40® 8.65. Cattle—Receipts. 29,000; market 25c lower; beeves, $7.25® 11.75; butchers. [email protected]; canners and cutters, S3 <g5.50; stockers anil feeders, $5.25®0.25; cows, $4.50<@8.25; calves, $9.75 ® 12. Sheep—Receipts, 27.000; market 50c lower; lambs, sß® 11; ewes, s2®|fl. CINCINNATI, Jan. 17.—Hogs-Re-eelpts 7.500; market steady; heavy bogs, [email protected]; mixed. $9 75; mediums, lights and pigs. $lO 23; roughs, $7.75; stags, $6 25. Cattle—Receipts, 1,800; j market weak; steers, weak; butcher j stock generally steady; bulls, strong; calves, $15.50. Sheep and lambs—-He- | eeipts, 800; market steady; sheep, $1.50 @5; lambs, $6(812. CLEVELAND, Ohio, Jan. 17.-Hogs Receipts, .8.500; market, steady; yorkers, $lO 25® 10.35; mixed, $10.25; mediums, $9.55® 10.25; pigs, $10.50; roughs, $8; stags, $0 Cattle —Receipts. 1,300; market. 25c down; good to choice steers, [email protected]: good to choice heifers, s9® 10.30; good to choice cows, s7®B; fair to good cows, ss®o; bulls. s4®s; milkers, s4o<g9O. Sheep and lambs—Receipts, 1,800; market, $1 down. Calves— Receipts, 1,000; market, 50c down; top, $16.50. KABT ST. LOUIS, 111., Jan. 17.—Cattle Receipts. 5.500; native beef steers, $10.75 <5,11.50: yearling beef steers and heifers, [email protected]; cows, s7® 8.50 ; stockers nnd feeders, $7®.*.50; calves, _ $11.75012.25; canners and cutters, [email protected]. Hogs—Receipts, 17,000; market 15®25c higher; mixed and butchers, $9.60® 10; good neavies, $9.50®.75: rough heavies, $7.75®8; lights, $9.85® 10 pigs, $9.85® 10; nigs, $9 85® 10; bulk of sales, $9.05® 10. Sheep —Receipts, 3,500; market steady; ewes, $4.50®4.75; lambs, $10.75® 11.25; canners and choppers. $2.30®3. PITTSBURGH, Jan. 17.—Cottle—Receipts, 75 cars; choice, slo® 10.25; good_, $0.50®9.75; fnlr, $8.25®0; real ealvea, slo @15.50. Sheep nnd lambs —Receipts, 10 double decks; market steady; prime wethers, $6(86.50; good. $5®5.50; mixed fair, $4®4.75; spring lambs, $11®11.50. Hogs—Receipts, 60 double decks; market steady; prime heavies, $9.50® 10; mediums, [email protected]; heavy yorkers, $10.50 Os 10.75 ; light yorkers, $10.50® 10.75; pigs, $10.50® 10.75; roughs, $8.25®8.50; stags, s6® 6.75. East BUFFALO, Jan. IT—Cattle—Receipts. 320; market, active, steady; prime steers, lower; shipping ' steers, $9 50® $10; butchers grades, $7.50®9.50; heifers, ss®9; cows, $2.50® 8; bulls, $3(87.25; milch cows springers, $25@120. Calves— Receipts, 3.000; market, active and steady; culls choice, [email protected], Sheep and lambs—Receipts, 20,000; market, active and slow, lower; choice lambs. $10.50 ®11; culls fnlr. s7@lo; yearlings, sß® 9 ; sheep, $2.59<g6 50. Hogs—Receipts, 1 20.800; market. active and steady; vorkers, $10.75@11; pigs. $11; mixed.' $10.25® 10.75; heavies, slo® 10.25; roughs, [email protected]; stags, [email protected]. % MILLS RESUME OPERATION. PITTSBURGH, Pa., Jan. 17.—Twenty of the forty-four mills of the McKeesport Tinplate Company shut down since Dec. 23 resumed operations today. Officials (announce that If conditions improve, the other twenty-four mills will start up soon. Fifteen hundred men went to work today. PLANT OPENING NOT EFFECTED. CHICAGO, April 17.—Plans of the Inland Steel Company to reopen six blast furnaces today xvere abandoned when employes of the plant refused to accept wage reductions of approximately 20 per cent and did not go back to work. CHICAGO STOCKS. (By Thomson & McKinnon) —Jan. 15Open. High. Low. Close. Armour, pfd. ..92 92% 92 92% C.irb. & Carb... 51% 51% 51% 51% Libby 12% 12% 12% 12% Mont.-Ward ... 18% 18% 18% 13% Nat. Leather .. 8% 8% 8% 8% Sears-ltoebuck .91% 91% Stewart-Warner 30% 30% 30% 30% Swift & Cos 104% 104% 104% 101% Swift Intel 28% 29 28% 29 Arm. Leather ~ 12% Reo 21 A .. i - . i '

INDiAi\A DAILY TiMn/O, iuuiVDAY, JANUAiti IV, lttsl.

WHEAT FUTURES SUSTAIN GAINS Export Buying Causes Losses in Corn Prices. CHICAGO, Jan. 17.—Fractional changes In grain quotations with the wheat market showing considerable strength, marked trading on the Chicago Board of Trade today. Buying by houses for export caused the increase In wheat prices. Selling of corn was general mil caused a slight decline iu quotations on that grain. Provisions were irregular. March wheat opened up %c at $1.74%, and advanced %c later. May wheat opened down %e at $1.60, advancing l%c later. May corn opened down %c at 71c, and lost another %e lief ore the close. July corn opened unchanged at 72c, but dropped %c later May on Is opened np %c at 45%c, dropping %c in later trading. .Tilly oats opened unchanged at 43%c, losing %c later. (By Thomson & McKinnon) —Jan. 17Wheat—A poor demand, together with evidence of increased offerings from the country, underly the present wheat situation. There has been fair amount of export business with Germany and Switzerland, but It is said to have h&en (lone at a considerable reduction in premiums. If reduced prices prove to he a fact it is significant as confirming the surface evidence of a loosening up by the producing section. Liquidation by the country is additionally confirmed by the appearance in this market of an Increase of money from country banks. The question of the amount of old wheat carried over by the food administration has been revived and there is an Idea that there was fairly liberal holdings not Included In private estimates of amount available. We are not able to uncover anything tangible on this subject. We submit it to you simply ns a matter of current talk. The future course of values depends upon the freedom of movement from the southwest as well ns upon the trausferrance of European demand from North to South America. Evidence on these points at the moment Indicates lower prices Corn—The heavy hedging load nlready re-dlng upon the corn market, was further Increased Saturday. Those hedging sales are, of course, against uctual shipments from the country and pur chases for deferred shipment. In view f very poor domestic demand those sales are a distinct weight upon values. A private estimate of the number of animals on farms showing a considerable decrease Is very naturally construed as meaning a large reduction In farm use and a consequently larger surplus for shipment to terminal markets. It will be neressary to broaden the outlet for the preedit accumulations, before the market will change Its downward course and there Is, at the moment, no indication of such broadening. Oats—There was considerable liquidation In the oats tnurket as well as further selling by some of the larger cash Interests. This market has the merit of approximating pre-war prico", but demand derived from this source is not large Neither is there any 1m provetneut In the demand from the eastern consuming trade. Provisions—Weakness in grains was the important tiling in bog products Saturday. Market is acting well liquidated, but there is no immediate motive for entering market lu an investment way. CHICAGO GRAIN. —Jan. 17WHEAT— Open. High. Low. Close. March... 174% 1.76% 1.73 1.76% May 1.60 1.09% 1.05% 1.69% C< Mny 71 71% 70% 71% July 72 72% 71 % .2% OATS May 45% 40% 45% 46 July 40% 45% 43 40% 1 Jam 77.. 24.10 24.20 24.00 24.20 May 23.70 24.20 23.30 24.15 L &£v.7. nil 14.00 13.70 \IM u vji „ 12* May 12.70 12.95 12.62 12.95 •Nominal. ( lIH AGO UAHII GRAIN. CHICAGO, Tan 15. Wheat —No. 1 red, $2.01; No. 2 red. $2 03; No 1 hard winter. $! 87. No. 4 Northern spring. $1.78 Corn No. mixed 6B@C7e; No. 3 white. 65© 66c: No. 3 yellow, 66%©67e: No, 4 mixed. 63©03%c; S’o. 4 white, 63%©‘63%c; No. 4 yellow, 63©64%c Oats—No. 2 white, 45c; So. 3 white, 43%@44c.

PRIMARY MARKETS. (By Thomspn & McKinnon.) Jan. 17 Wheat Corn Oats Chicago 60.000 820.000 200.009 Milwaukee ... 11 0(H) 18S.000 47,000 Minneapolis . 567.000 160,000 162.000 Duluth 75,000 2.000 St Louis 314,000 210.000 236.05i Toledo 7,000 13,000 4,000 Detroit 0.000 5.000 ft.OOo Kansas Cltv.. 738.000 170.000 f'3,000 Peoria 2.000 147,000 61.000 Omaha 191.000 327.000 72,000 Indiana polls. 4,000 73.000 34,000 Totals 1,975.000 2,125,000 890,000 Year ago .. .1.381,000 1.210,000 9,130,000 —Shipments Wheat Corn Oats Chicago 34,(MX) 364.000 162.000 Milwaukee 76,000 35,000 Minneapolis . 232.000 48,000 21,(MM) Duluth 152,000 St. Louis 208,000 103,000 97,000 Toledo 9,000 Detroit 3.000 Kansas City.. 311,000 41.000 31.000 Peoria , 4.000 72,000 29,000 Omaha 71,000 100.000 120,000 Indianapolis 13.000 B,(MX) Totals 1,024.000 823.000 503,000 Year ago .. 973,000 492,00 546,000 —Clearances — Dom. W. Corn OatH Boston 16.000 New Orleans.. 219,000 Galveston ... .1,478,000 Totals 1,877,000 Year ago .. 50.000 ...... INDIANAPOLIS CASH GRAIN. —Jan, 17 — Bills for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—No sales. Corn—Easy; No. 4 white, 67@69%c; No. 5 white, 03%@65c; No. 3 yellow, 08%@1 70%c; No. 4 yellow, 66@68%c; No. 5 yellow, C2%@64c; No 4 mixed, 64@66%c; No. 5 mixed, 60%@62c. Oats—Easy; No. 2 white, 45%@47c; No. 3 white, 44%@40c. Hay—Slow; No. 1 timothy, $25.50@26; No. 2 timothy, $24.50@25; No. 1 light clover mixed, $23.50@24; No. 1 clover hay, s23® 23.50. —lnspections Wheat —No. 2 re.d, 3 curs; No. 3 red. 1 ear; No. 2 mixed, 1 ear; total, 5 cars. Corn —No. 3 white, 10 cars; No. 4 white, 12 cars; No. 5 white, 3 ears; No. 2 yellow, 1 ear; No. 3 yellow, 6 ears; No. 4 y4l low, 29 cars; No. 5 yellow, 11 cars; No. 6 yellow, 2 cars; No. 2 mixed, 1 car; No. 3 mixed, 2 cars; No. 4 mixed, 6 cars; No. 5 mixed, 8 ears; No, 6 mixed, 2 cars; total. 93 cars. Oats —No. 1 white, 3 cars; No. 1 white, 18 cars; No. 3 white, 3 cars; No. i white, 1 car; sample white, 1 ear; No. 1 mixed, 2 cars; No. 2 mixed, 1 car; sample, 1 car; total, 30 cars. Rye—No. 1, 1 car; No. 4, l car; total, 2 ears. Hay—No. 1 timothy, 4 cars; No. 1 light clover mixed, 1 car; No. 1 clover mixed, 1 ear; total, 6 cars. HOARD OF TRADE STATEMENT. The weekly statement of the Indianapolis Board ot Trade, showing the output of flour by local mills, inspections for the week and stock in Btore, follows: COMPARATIVE STATEMENT. Output of Flour— Barrels. Jan. 15, 1921 6,629 Jan. 8, 1921 5,770 Jan. 17, 1920 18 411 Jan. 18, 1919 4,000 Inspections for Week — —Bushels— In. Out. Wheat 33,800 3,000 Corn 316,000 189,000 Oats 298,000 46,000 Rye 5,000 —Stock in Store— Wheat. Corn. Oats. Rye. Jan. 15, 1921. 129,990 514,440 434,470 1.000 Jan. 17, 1920 . 544,650 251,740 104,950 4,170 Jan. 18, 1919 . 281.930 483.860 261,150 15,500 WAGON WHEAT PRICES. Indianapolis flour milis and elevators today are paying $1.90 for No. 1 red wheat, $1.87 for No. 2 wheat, and $1.84 for No. 8 red.

Wholesale Prices Show Decline WASHINGTON, Tan. 17.—Wholesale prices in December showed a considerable decline, according ,o a statement issued today by the Bureau of Labor Statistics. The statement shows a decrease of 12% per cent in the wholesale price of farm products in December, as compared with November, a decrease of 11% per cent in the wholesole price of food products and a decline of 6 per cent in the wholesale price of clothing and cloth. Wholesale prices for building maierial showed the smallest decline, being but 3 per cent lower than in November. Local Stock Exchange —Jan. 17— STOCKS. Bid. Ask. Ind. Bail. & Light Cos. com. 60 Ind. Rail. & Light Cos. pfd.. 84 86 lndpls. & Northwestern pfd. ... 75 Indpls. A Southeastern pfd 75 lndpls. St. Ry 54 57 T. 11. T. & Light Cos., pfd... 65% T. H., I. & E. com 1% 5 T. H., I & E. pfd 9 12% Union Trae. of Ind., com 1 Union True, of Ind., Ist, pfd. 6 Union True, of led., 2d p/d. ... 2 Advance-Itumely, com 18 Advanee-Unmely, pfd 50 60 American Central Life .... 235 Am. Creosote Cos., pfd 90% 100 Belt R. K., coin 62 66% Belt. R. K., pfd 45 55 Citizens Gas Cos 30 34% Century Bldg., pfd 89% ... City Service com ... City Service, pfd 63 67 Dodge Mfg. pfd 91 101 Home Brewing 55 ... Indiana Hotel, com 67% Indiana Hotel, pfd 90% 100% Ind. Natl. Life. InA. Cos 4% ... Indiana. Title Guaranty 59 70 lndpls. Abafto'r. pfd 43% 50 Indianapolis Gas 44% 47% Indpls. Telephone Cos. com. 5 ... Indpls Telephone Cos. pfd. 88 ... Mer. Pub. It). Cos., pfd 39% 52 National Motors 3 7 Pub. Savings Ins Cos 2% ... Sterling Fire liisur. C 0.... 7% 9% Itauh Fertilizer, pf.l, ....... 43 ... Standard Oil of Ind. Van Camp Hdw. pfd 90 ioo Vnn Camp Pck, pfd at ioo Van ('amp Prods. Ist pfd.. 92 101 Van Cam;. Prods, 2d pfd... 92 Vandla! Coal Cos. com 5 Vandalla Coal Cos. pfd 10 Wabash B. It., pf.l 21 24 Wabash It. U„ com 8 10 BANKS AND TRUST COM >■ \ NIKS. Aetna Trust Cos 103% ... Bankers Trust Cos i. ... Commercial Natl. Bunk 05 Continental Natl. Bank 112 City Trust Cos 85 Farmers Trust Cos 200 ... Fidelity Trust Cos 120 Fletcher Am. Natl. Bank ... 250 Fletcher Suv. ,v Trust Cos.. ion 170 Ind. Natl. Bunk 265 2n*> Ind. Trust Cos 176% 193 Live Stock Exchange Bank. 385 Merchants National Bank.. 28) National City Bank 110 120 People’s State Bank 187 Security Trust Cos 120 The State Sav. <fc Trust Cos. 90 94 Union Trust Cos 340 370 Washington Bunk & Trust. 150 • BONDS. Broad Ripple 5s 61 Citizen* Street Railroad 55.. 69% 76 Ind. Coke and Gas 6s ’ ... Indian Ck. Coal A- Min 6s . 92 lndpls. Col. A- Southern ... ns 97 Indpls. V Martinsville 55.... 52% 62% Indpls. A North. 5s 41 47 Indpls. A V W. 5s 50 57 Indpls. A* S. E. 5* 45 ... Indpls , Shelby. A- S. E. ss. 70 Indpls. Street Rail 4s 59 65 Indpls. Trac. & Term 55... 69 76 Kokomo, Marlon & W, 55.. 78 81 Terre Haute, Indpls & 3.. 50 60 Union Trac. of Ind. 5s 52 57 Citizens Gas 6s 72 78 Ind Hotel Cos. 2d Cs . 91 Indpls. Gas 5s 71 79 Indpls. Light & Heat 55... 72 89 Indpls. Water 5s 87% ftj Indpls. Water 4%s 70% 7',% Mer H. A- L. pfd 5s 85% |)0 New Telephone Ist 6s 94 New Telephone I/ong Itis 6a 93% ... Southern In*!. Power 6s ... LIBERTY BONDS. Bid. Ask. Liberty first 3%s 9220 92 60 Liberty first 4s 87 40 87 9) Liberty second 4s 87.00 87 50 Liberty first t%s 87.7,2 87.92 Liberty second 4%s 87 48 87 88 Liberty third 4%s \ 8040 9X6 Liberty fourth 4%s 87. ex 87 90 Victory 3%s 97.16 97.50 Victory 4%s 07.1.8 07.50 SALES. S4,(KK) Indpls. Water 4%s at 70%.

On Commission Row

TODAY’S PRICES. Apples-Missouri Jonathans, per bbl., $8 50; fancy Illinois Jonathans, per bbl., $7 50; extra fancy Grimes Gobieu, per bbl., s6@9; extra tanry Wine Saps, per )>bl„ s'*; Bell i lowers, per nnl„ $0.50; Bald wins, per bbl., $5 50; Spys, per bbl., $4.50 @6; Rome Beauty, per bbl. $8; Kiuuard Red, per bbl., $6; King's, per bbl., $0; Wolf Rivers, per bbl,, $5; None Such, per bbl., $5; Malden Blush, per bbl., $4.50; Greenings, per bbl., $5.00; choice Jonathans, per bbl., $6. Beans- Michigan Navy, in baga, per lb., 5@5%e; Colorado Pintos, in bags, per 10%@llc; California Limas, In bags, per lb., *@9o; Bed Kidneys, in bags, per lb, 12# 13o: Ca lifornia Limas, in baga per lb., B%@9c; California rink Chill, in bags, per lb.? 7%®.8c; Yellow Eyes, per lb., 12c; dried peas, green, per lb.. 9c; split yellow peas, In CO-lb. bags, per lb., 9c; fat beans, In bugs, per lb., 10c; Marrow fat beans. In bags, per lb.. 12@130. Beets— Fancy home-grown, per bu., $1.50. Bananas Extra fancy high grads fruit. 50®iCOc per bunch; per lb., Bc. Cabbage—Fancy Northern, per lb., 2c. Carrots —Fancy home-grown, per bu., SI.OO. Celery—Fancy New York (2-3 crate), 4-5 doz., $3.50; per crate, $6; fancy New York trimmed, per buucn, $1 Coeoamits—Funcy, per doz., $1; per bag of 100, $6. Cranberries—Fancy C. C. Howea, per bbl., $17.50; per bu , $6. Grapefruit—Extra fancy Florida (Blue Goose brand), 465, per box, $5.75; 545, 645, 70s and 80s, per box, $6; fancy Floridas, 30s, per box, $4.25; 465, $4.50; 545, Cls and 70c, $5; 80s, $5; 90s, $4.50. Lettuce —Fancy liotnouse leaf, per lb„ 25c; In barrel lots, per lb.. 23c; fancy California icebergs, per crate, $5. Oranges —California, all grades, $3.50® 6 25. Onions —Fancy Indiana yellow or red, per 100-lb. bugs, $5; fancy Indiana white, per 100-lb. bag, $1.50. l’arsiey —Fancy large Bikes, per doz,, SI.OO. I* ota toe a—Fancy Michigan and Wisconsin round whites, per 150-lb, bag, $2.75; 5 or 10-lb. bag lots, per bag. $2.05; fancy Idaho Gems, per bag, [email protected]. Radishes—Bottou, large bunches, per doz., $1; Long Red, per doz., 40c. Sweet I’otatoes—Fancy Eastern Jerseys, per hamper, $3. Fancy Indiana Nancy Halls, per hamper, $2.25; funcy Indiana Jerseys, per hamper, $2.50. Spinach—Fancy, per large basket, $1.75. Turulps—Funcy washed, per bu., [email protected]. Kale —Fancy, per barrel, $2.75. Cauliflower —Fancy California per crate, $2.75. Oyster l'lant—Fancy, per doz., 50c. Leek —Fancy, per doz., 35c. Sage—Fancy, per doz., 45c. Rutabagas—Fancy Canadian, per 50 lbs, $1; per 100 lba, $1.75. Reppers—Fancy, per small basket, 75c. Kuniquats—Fancy Florida, per qt., 25c. Tangerines—Extra fancy 106s, 168s boxes, $3.75; 1965, box. $3. Lemons—Extra fancy Callfornlas, 300s, per box. $4.50. Sassafras Bark—Per doz. 40c. Grapes—Fancy Imperial Malagas, per drum, sl4. Strawberries —Fancy Floridas, per qt., 75c. TOLEDO CASH GRAIN. TOLEDO, Jan. 15.--Wheat—Cash, $1.99; March, $1.95; May, $1.91. Corn—No. 2 yellow, 75c. Oats—No. 2 white, 48@49c. Rye—No. 2, $1.60. Barley—No. 2,78 c. Cloversoed—Cash (1919), $16.90; cash (1920) and January, $13.15; February, $13.30; March, $13.10; April, $11.35. Timo-thy-Cash (1918), $3.30; (1919) and January, $3.40; February and March, $3.50. Alsike—Cash (new), $10.50; (old) March. sl6.

DEBT FUNDING UP TO GEDDES Deal Before or After March 4 Depends on Views. WASHINGTON, Jan. 17—The length of pending negotiations for the funding of and the payment of interest on Great Britain’s debt to the United States today was believed to depend on the report Sir Auckland Geddes makes to his government. Geddes, British ambassador here, Is now en route to London. If Geddes should report that the British can make more favorable arrangements with the Wilson administration than with the Incoming Harding administration it is probable the negotiations will be hastened iu an attempt to end them before March 4. Otherwise they will be allowed to run along until Harding takes office. The British attitude is significant because Great Britain Is the largest debtor of this country and because the arrangement made with her will probably be the mode! for arrangements with other nations. Passing Geddes on the Atlantic was Lord Chalmers, who is coming here to arrange for interest payments, more than half of which are unpaid, and for changing the demand securities now held by this Government into long-time securities. The interest for the average taxpayer in the negotiations Chalmers conducts with the Treasury lies in these figures: Foreign nations owe this country $lO,000,000,000. The Interest on this is about $500,000,000 annually. Ir is estimated this country must raise $4,000,000,000 annually by taxation. Thus if foreign nations pay their debts here one-eighth of America's tax bill will be looped off. If they are not paid. American taxpayers must be burdened more heavily. 8o far the American taxpayer has been bearing the burden. Up to November about $43,000,(KM) in interest had been paid. About $500,000,000 was unpaid. Says Grain Exchange of Much Value WASHINGTON, Jan. 17.—Grain exchanges render a national service through dealing In "futures." and proposed legislation to regulate the grain exchange* should be abolished. Julius It. Barnes of New Y'ork. former director of the United Slate Grain Corporation declared today before the House Agriculture Committee. Appointment of a national marketing commlsson to recommend improvements In the existing commodity marketing machinery. was advocated by Barnes Barnes contended that the losses bv price declines have fallen more heavily on the miller and dealer than ou the farmer, the market structure having aided the farmer who exercised good Judgment and sold early. The farmers who held for higher prices on a declining market were the greatest losers. Ex-French Premier Has New Trouble PARIS. Jan. 17.—Former Premier Joseph Citlllaux Is in trouble again. By a ro..*nt sentence In the French high court he was banished from Paris and is only allowed here by special authorization. But Catllnux leases a big fiat In the aristocratic Monceau quarter and his lease Is now running out. He applied to his landlord to havp the lease renewed, but the latter refuses and has appealed to the Judicial authorities to break off his contract with Caillaux definitely and resume occupation of the fiat himself.

Weather

The following table shows the state of the weather at 7 a. in.. Jan 17, as oh- 1 served by V. S. Weather Bureaus: Station. Bar. Temp. Weather. Indianapolis, Ind . 30. US 10 Clear Atlanta, tin. ...... 39 40 38 Clear Amarillo, Texas... 39.44 20 RtCldy Bismarck, N. D.... 30.74 —4 Cloudy Boston. Mass 29 80 30 Clear Chteago, 111 30 74 8 Clear Cincinnati. 0hi0... 80 66 14 Snow , Cleveland. Ohio 30.50 18 RtCldy Denver, Colo 30 28 24 Clear Dodge Cltv. Kan... 30 58 20 RtCldy Helena, Mont 30.10 22 Clear Jacksonville, Fla... 30.88 50 Clear Kansas City,. Mo.. 30.74 12 Cloudy Louisville, Ky 30.70 18 Clear : Little Rock. Ark .. 30.56 36 Clear Los Angeles, Cal.. 30.02 54 Cloudy Mobile, Ala 30 40 52 Clear New Orleans. N. Y.. 30.04 28 Clear Norfolk, Vi 30.26 44 Cloudy I Oklahoma City .... 30.50 26 Clear Omaha, Neb 20.78 8 Cloudy Philadelphia. Pa 30.1(1 32 Clear Pittsburgh. Pa 30.46 20 Cnow Portland, Ore 29.58 36 Cloudy Itupld City, S. D... 30 40 16 PtCldy ltosehnrg. Ore 29.52 42 Cloudy San Antonio, Texas. 30 26 50 Clear San Francisco, Ca!. 29.58 52 Rain St. Louis, Mo 30.74 12 RtCldy 81, Paul, Minn 30.84 —6 CV.-ar Tampa, Fla 30 46 50 I tCldy Washington, D. C. 30.28 30 Clear HEATHER CONDITIONS. The storm which was In the Northwest Saturday morning has passed rapidly eastward to the north Atlantic coast. It has ns used some precipitation in northeastern sections. It is followed by n large field of high barometric pressure, accompanied by much colder weather, which lias already overspread the entire Mississippi valley, with rero temperatures as far south n northeastern lowa. Another depression, however, has made Its appearance on the I’aciflc coast, arcom- j pan led by rising temperature generally 1 eastward to the divide. J H. ARMINGTON. Meteorologist, Heather Bureau. STATE CROP REPORT. Extremely mild temperatures prevailed over the entire State during the past two weeks and considerable advancement was made In farm work. Butchering bn a been general In all | sections of the State during the past two weeks nnd a large supply of meat Is being put up. Corn is practically all husked in ail localities, but little is being marketed at this time because of the low price. Winter wheat and rye generally are in good condition nnd show some improvement over the last report. A good snow covering at this time would prove extremely beneficial. Young clover continues In irnnd eondltlon. with an acreage somewhat larger than last year. All live stock Is in good condition, according to reports, with the exception of a few scattered cases of hog cholera. Feeding operations are at the lowest point in several years, it is said. Many farmers have reduced the number of brood sows 50 per cent. There is plenty of farm labor at this time, according to reports, but farmers generally ore not in a position to utilize It. WHOLESALE FEED PRICES. Ton. Cwt. Acme feed $38.00 $1.95 Acme middlings 42.00 2.15 Acme dairy feed 47.50 2.40 E-Z dairy feed 37.50 1.90 Acme 11. & M a 35.00 1.93 Acme stock feed 32.50 1.65 Cracked corn 37.00 1.90 Acme chicken feed 43.75 2.25 Acme scratch 41.75 2.15 E-Z scratch 39.50 2.00 Acme dry mash 48.50 2.45 Acme hog feed 47.00 2.40 Hornllk yellow 30.00 1.85 Rolled barley 43.50 2.20 Alfalfa mol 41.00 2.10 Cottonseed meal 41.00 2.10 Linseed oil meal }... 51.00 2.C0 Acme chick tnash 51.00 2.10 FLOUR AND CORN MKAI* Corn meal, 100-lb. bag $ 2.10 E-Z Bake baker’s flotlr in 9tt-)b. bag J. 10.S0 —-pi l HAY MARKET. The following are the Indianapolis prices for hay< by the wagon load: Hay—Loose 'timothy, new, $24@26; mixed hay, netr, $22@24; baled, $24@20. Oats—Bushel, new, 50@52e. Corn—New, 70@78e per bushel.

FUNERAL COSTS HUGE FORTUNE 20,000 Attend Ceremony at Rangoon, India. RANGOON, India, Jan. 17.—Fully 20.000 people witnessed one of the most remarkable funeral ceremonies Rangoon has ever seen. A procession two miles long, bands and chanting of native hymns were some of the features. The dead man was Chan Mah Phee, and he was buried in the Chinese cemetery at Tamwe, in a plot of earth that was given by the whole of the Chinese community, this in itself being proof of the respe.ct in which lie was held by every clan, for among them there is supposed to be continual warfare. This was due to the fact that Chan Mah Phee, the head of a great firm, had spent much of his lifetime and a great deal of his wealth In the protection of the poor. Not only was every society in Rangoon represented at the funeral, but there were representatives of atl branches In the province, and the thousands of mourners represented women as well as men of every nationality. At the cemetery every visitor, rich or poor, was presented with a fan, a large towel, soap, cigars, matches and light refreshments. The procession was so long that it was necessary to leave out nil the coolle9 carrying tables of food, as Is customary en these occasions. More than 4,000 coolies were engaged for the procession alone. There were many bands composed of Europeans. Chinese and natives. The proceedings at the cemetery lasted three hours. The expenses connected with the funeral were enormous. For a week the widow and relatives had to keep open house, and this bad to be continued after the funeral, according to the figures worked out by the priests from the horoscope of the deceased. Marriage Licenses Charles Richardson, 978 Stillwell st... 20 Elmetta Brooks, 322 East Orange st... 20 James Powell, 003 West Pearl st 22 Angeline Lowe, 1423 East Fifteenth st. 19 William Hatfield, Kokomo, Ind 52 Florence Baker. Linden Hotel 24 William Bradley, Palace Hotel 25 Eleanor FeatherlngUl, 515 North New Jersey street 25 Harry Davis, Indianapolis 24 Margarette Martin, 347 West Twelfth j& Frank Weadon, 90*1 Woodlayn ave... 69 Anna Seofft*, 906 Woodlawn ave 40

Births Roy and Luella Lyons, 1624 Yandes, girl. William and Leila Clarke, 2215 Fernway, boy. William and Anna Power, ThirtyFourth and Keystone, boy. Arthur and Olive Schlueter, 850 N. Gray. boy. Philip and Gertrude Dorn, 341 Hamilton, girl. William and Marie Cronin, 3735 Co.icge, boy. Otto and Fern Woessner, 1114 West Twenty-Ninth, girl. Ivory and Alice Gray, 603 Wcat Thirteenth. boy. Fred and Myrtle Hedlenreick, 43 North Holmes, girl. John and Sarah White. 5130 East St. Clair, girl. Myron and Georgia White, 1134 Congress, bov. Edward and Geneva Holland, 1240 N. West. boy. Deaths James Lyons, 68, 514 N. Miley, apoplexy. Sarah Elizabeth Cox, 63, 143S Blaiue, i mitral Insufficiency. John It. Click, 52, Methodist Hospital,; meningitis. Annn.da Rupp, 86, 2134 N. New Jersey, acute cardiac dilatation. James Sheridan Thomas, 53, 1265 W. Thirty-Fifth, carcinoma. Chester James Frazier, 12, 1515 Olney, j simple meningitis. Susan Holzberger, 69, 225 N. Oriental, chronic myocarditis. * Eliseph Monson, 72, 2450 N. Dearborn, arterlo sclerosis. Jane Boswell, 87, 1718 Ruckle, chronic myocarditis. Elizabeth Bangert, 52, 431 S. Pine, carcinoma. George Thomas Srrance, 38. 1848 Lambert, tubercular meningitis. Thomas J. Lindsay, 74, 2122 College, mitral insufficiency. Rosa I/letz Shelton, 58, 0019 Dewey, cerebral hemorrhage. Lucy Adams, 49, St. Vincent's Hospital, uremia. Rembrandt Found in German Village BERLIN. Jan. 17.—An interesting and j romantic discovery has been made In a J little half-lost village in the Harz moun- j tains. In a house there a picture in oils of 1 an aristocratic old gentleman had been : hanging for many years. It was only ; a little while ago that the owner thought that It might be of value, and his desire to know if this was the case led to the- j discovery that the picture was by Rem trnndt. Several experts have examined the pic- j ture. and all say that there can be no ! doubt that it is by the famous Dutch i master. The picture is painted on an octagonal 1 piece of oak about two feet high by one foot six inches wide. It Is still in its benuttful original frame, and one of the experts who have examined the picture. Dr. Hofstede de Groot, declares the frame must have been made at Rembrandt's special Instructions out of Scotch fir. Tho work dates from tho timo of Rembrandt's stay in Leiden, and it was probably painted In 1630 or 1631. The Initials—R. H. L., which stand for Rembrandt Harmeszoon Leiden—appear in a typical monogram above the shoulder. Tho discovery was made by Herr Egon Muellor, the well-known art expert of Hamburg.

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EIGHT MILLION KILLED IN WAR > SJ aiMiirwHMW French Figures Exclude Deaths Since Armistice. 4 PARIS, Jan. 17.—According to M. Louis Marin, a famous French statisUclan who has Just furnished the French parliament with figures as to the losses Incurred by all belligerents in the war, 8,501,437 men lost their lives in the period extending from Aug. 2, 1914, ta Nov. 11, 1918. These figures Include those reported missing and now presumed killed. Many deaths from war wounds have taken place since Nov. 11, M. Marin points out. The figures he gives for Russia are considered inaccurate and include but men killed up to and including Oct. 31, 1917. The figures for various countries are as follows: France, 1.353.000; Russia, 1,290,000; Great Britain and colonies, 869,000; Italy, 404,000; Serbia, 297.000; Roumania, 200,000; United States, 114,600; Belgium, 44,000; Greece, 12,000; Germany, 2,490,396; Austria-Hungary, 1,542,817; Turkey, 325.000; Bulgaria, 101,224. Commenting on these figures, M. Marin points out that they show Germany, with two fronts, lost less me® than the whole coalition fighting it, and he concludes that France’s war methods at the beginning of the campaign—defensive tactics —were the least costly in lives. FRENCH ADOPT RAIL METHODS A. E. F. Dispatching System Proves Success. PARIS, Jan. 17.—The American railway train dispatching system has broken through the stone wall of French conservatism and is now being gradually installed on all the leading railway systems of the country. Studied by French railway experts on the various lines of the old A. E. F., its efficiency and simplicity had Us appeal until today these French railroad men consider it the best operating system in the world. Its adoption has received the aproval of M. Ive Trocquer, French Minister of Public YYorks. The system is now in oeration on the Etat Railroad between the Montparnasse Station. Just a few blocks from the headquarters of the American Red Cross, and Chartres. “The American system,’’ explained M. Pie, the train dispatcher, or, as he is known here, “Monsieur !e Regulateur,” “was installed in June on the ParisChartres division as the result of studies made of it during the war at the various American railroad centers in France. Our system was most complex and now wa have been Instructed by the Minister of Public Works to apply the American method to the entire system. Dally reports received during the past three mouths testifying to the efficiency of this dispatching system have led us to arrange to install it on the Paris-Mantes division, the Chartres-Le Mans section and The American method has numerous vantages. Schedules are more easily adhered to in the case of passenger trains, the prompt handling of freight is assured, while instructions given by telephone insure greater accuracy and consequent safety to passengers than those sent by / telegraph." Commenting on the American system, the Minister of Public Works has said. “It Is excellent because it is simple. It is interesting from both a technical and practical point of view. The results obtained have led tne to order Its Installation on other lines."

Wood to Burn, Nobody Wants It HELENA, Mont.. Jan. 17.—Helena's three .-ity commissioners are in a quandary. They have 600 cords of slab wood decorating the city corral in neat idles ten feet high, and their difficulty is to "unload" It. There is n bear market in wood. It followed the delivery hero of much coal after the Nation-wide coal strike of last year, and the city now has more wood on hand than it was use in twenty years. The flremeu are tired of chopping it; there are no prisoners in the city Jail to "work it up;” the policemen have a horror of it, and the public, which demanded its purchase a year ago at prices ranging from $9.50 to $13.50 a cord, *ofuse to harbor it. Boston Housing Need More Acute Than Ever BOSTON, Jan. 17.—There is a shortage of 3,218 houses in Boston. leaving 30.880 of the city’s increased 1920 population apparently unprovided for, the mayor’s rent and housing committee stated in a report of its nine months' activities. The "doubling up” to take care of these people for whom there are no houses has created serious congestion, and there is apparently no remedy in sight, the committee finds. With the population of Boston increasing at the rate of 12,000 persons per year, the situation is bound to be worse instead of better, unless building is resumed on a large scale, according to the report. DOVE BRAND HAiS fHave a Tasie You Gan’) Forget