Indianapolis Times, Volume 33, Number 226, Indianapolis, Marion County, 29 January 1921 — Page 9

STOCKS HAVE IRREGULAR CLOSE Motor Issues Sustain Good Upturn in Final Hour. NEW YORK, Jan. 20.—The stock market closed irregular today. Price movements were Irregular throughout the late dealings. The motor shares experienced good upturns on heavy buying. Studebaker rose over 2 points to 59, reacting to 58% at the close. Chandler rose 2 points to 72%. Mexican Petroleum was reactionary toward the close, falling over 1 point from the high to 158%. Reading yielded fractionally from the high to 84 and Northern Pacific dropped 1 point from the best to 86%. The Steel shares shaded off fractionally from the top. Steel common closed at 53% aud TSaldwin Locomotive at 8&?A. Total sales of stocks today were 238,200 shares; bonds, $6,868,000. Total sales of stocks for the week were 3,056,5u0 shades; bonds, $62,664,000. (By Thomson & McKinnon.) —Jan. 29 — We have had another day of moderate trading, and the action of the market K gives every evidence of a sound founds tion. Technically, the market seems to be in an unusually good position. This has been demonstrated frequently during the last few weeks by the ease with which the market, recovered from the declines following aggressive selling. There have been many such periods, and in each instance losses were recovered so rapidly as to make a real im pression on the minds of traders and observers. Then there are a number of factors that are gradually developing In favor of the market: The ease with which the Pennsylvania boud Issue was floated. The progress made in court by the opponents to the recent foreclosure of the Denver Rio Grande. The resumption of operations in various steel mills aud in the motor Industry. All these help, to create a better sentiment In trade circles and are naturally reflected in the stock market. In addition to this we have an agreement on reparations by Germany, which will go far toward settling affairs in Europe and hastening the return of normal conditions. We have before us a great potential business, due to the need for vast construction of all kinds in this country, and we are encouraged daily in our views that the outlook is promising, and that the long side of the market is now the 6afe one. t TWENTY STOCKS AVERAGE. NEW YORK. Jan 29. —Twenty Industrial stocks averaged 76.32, up .52 per cent. Twenty-active rails averaged 76.67, up ,4S per cent, CLEARING HOISE STATEMENT. NEW YORK, Jan. 29.—Exchanges, $60©.960.105; balances. $58,643,688; Federal Reserve Bank credit balance, $42,848,370. Money and Exchange Indianapolis bank clearings Saturday were $1,919,000 against $2,264,000 Saturday of the week before. . For the week ending Saturday the Clearings were $13,074,000 against $14,200,000 for the week ending with the Saturday before. NEW YORK, Jan. 29—The reported agreement on German reparations was reflected in a vigorous advance of 39 centimes in French and Belgian exchange at the opening of the foreign exchange market today. Demand sterling rose %c to $3.86, while lire rose 13 points aud marks improved five points. Franc cables were .0725; cecks, .0724; lire cab1e5.'.0.374; checks. .0373; marks, .0176; Belgian cables, .0760; checks, .0759. NEW YORK LIBERTY BONDS. —Jan. 29 Prev. High. Low. Close, close. L. B. 3%s 92.00 91.92 02.00 91.96 L. B. Ist 4s 87.70 87.40 L. B. Ist 4%5.. 87.50 87.30 87.32 87.60 L. B. 2d 4%5.. 86.90 86.50 86.70 87.00 L. B. 3d 4%a.. 90.06 89 90 89.92 90.06 L. B. 4th 4%5.. 87.20 86.90 87 00 87.22 Victorv 3%5.... 97.36 97.34 97.36 97.36 Victory 4%s ... 97.40 97.32 97.34 97.34 MOTOR SECURITIES. (By Thomson & McKinnon) —Jam 29 —Opening— Bid. Ask. Briscoe 14 16 Chalmers, com 1 1% Packard, com 10% 10% Packard, pfd 75 78 f Chevrolet 150 400 Peerless 22 24 Continental Motors, com 7 7% Continental Motors, pfd 93 95 Hupp, com 12% 13% Hupp, pfd 88 95 Reo Motor Car 22 22% Elgin Motors 4% 5% Grant Motors 3% 3% Ford of Canada 235 240 United Motors 85 43 National Motors Q Federal Truck 19 20 Paige Motors 17 18 Republic Truck 20 21 ACTIVE OIL STOCKS. (By Thomson & MoKinaon.) —Jan. 29 — —OpeningBid. Ask. Anglo-American Oil 19% 19% Atlantic Refining MKX) 1075 Rorne-Scryniser 390 410 Buckeye Pipe Line 85 87 Chesebrough Mfg. Cons 185 200 Cbesebrough Mfg. Cons., pfd. 107 110 Continental Oil, Colorado... 110 115 Cosden Oil and Gas 7 7% Crescent Pipe Line 29 32 Cnmberland Pipe Line 125 135 Elk Basin Pete 8 8% Eureka Pipe Line 95 98 Galena-Signal OIL pref., new 94 98 Galena-Signal Oil, com 45 47 Illinois Pipe Line 172 176 Indiana Pipe Line 84 87 Merritt Oil a 12% 13 Midwest Oil 1 1% Midwest Rfg 138 140 National Transit 27 29 New York'Transit 60 65 Northern Pipe Line 94 97 Ohio Oil 283 286 Penn.-Mex.... 35 38 Prairie Oil and Gas 475 485 Prairie Pipe Line 194 199 Sapulpa Refg 4% 4% Solar Refining 870 380 Southern Pipe Line 110 114 South Penn OU 240 245 Southwest Penn Pipe Lines. 70 74 Standard Oil Cos. of Cal 300 305 Standard Oil Cos. of Ind.*... 70% 71 Standard OU Cos. of Kan 585 595 Standard Oil Cos. of Kv 425 435 . Standard Oil Cos. of Neb.... 390 410 VStandard Oil Cos. of N. Y... 352 356 Standard Oil Cos. of 0hi0..... 390 405 Swan A Finch ..*••• 45 55 Union Tank Line 110 115 Vacuum Oil 305 350 Washington OU 30 35 NEW YORK CURB MARKET. (By Thomson & McKinnon) —Jan. 29 —Closing— Eld. Ask. Cnrtls Aero, com 2% 5 Curtis Aero, pfd 10 20 Texas Chief 7 13 First National Coper % 1 Goldfield Con 6 9 Havana Tobacco 1 1% Havana Tobacco, pfil. ... 6 9 Oont. Teresa 2% 5 Jumbo Extension 5 7 International Petroleum .. 18 16% Niplssing 8 8% Indian Pkg '3(4 3% Royal Baking Powder ... 105 110 Royal Raking Pow., pfd... 79 82 Standard Motors 7 8 Salt Creek 24 28 Tonopah Extension ....... ,17-16 1% Tonopah Mining 1% 17-16 United P. S„ new 1% 1% fC. 8. Light and Heat 1 1(4 U. S. Light and Heat, pfd. % 1% Wright-Matln 5 1 World FUm 1-10 8-16 Yukon Gold Mine Cos 1 1(4 Jerome 8 8(4 New Cornelia 16 18 United Verde 28 30 Sequoyah 5-16 7-16 . On a r Oil 2% 2% 1 Rep. Tire 1% 1%

N. Y. Stock Prices —Jan. 28—■ Prev. High. Low. Close, close. Allis Chalmers.. 85% 35% 35% 35% Am. Agrlcul.... 55% 55% 55% 54% Am. B. Mag. Cos. 50% 55% 56% 56 Am. Car & Fdy.124% 124% 124% 124 Am. Can 32% 32% 32% 32% Am. H & L com 9% 9% 0% 9% Am. H& L pfd. 45% 44% 44% 45% Am. In. C0r.... 47% 46% 46% 47 Am. Linseed 62 61 62 60% Am. Loco 83 . 83 83 83% Am. S. A Ref... 40% 39% 40% 39 Am. Sugar Ref. 93% 93% 93% 93% Am. S. Tob. Cos. 81% *O% 91 79% Am. Steel Fdy.. 30% 30% 30% 30% Am. Tel. A Tel. 99% 99% 99% 99% Am. T0bacc0....119% 119% 119% 120% Am. W001en.... 67% 67 67 67% Asso. Oil 102% 98% 100% 974* Ana. Min. C 0... 39% .39% 39% 39% Atchison 83% 82% 82% 83 At. Gulf AW.I. 70 69% <59% 70 Baldwin L0c0... 90% 89% 89% 90% B. A O .. 35 34 % 34% 34% Beth. Steel (B)>-57% 57% 57% 57% Bk. Rap. Tran.. 12% 12% 12% 12% Can. Pac. R>...118% 117% 118 117% Cent. Leather... 41% 40% 41 41% Crandler Mot... 72% 70% 72% 70% C. M. & St. P.. 28% 28% 28% 28% C. M. A St.P.pfd. 44% 44% 44% 44% Chi. AN. W... 68% CB% 68% 68% C. R. I. A P... 27% 27% 27% 27 Chili Copper.... 12% 12% 12% 12% Coca Cola 23% 23(4 23% 23% Columbia Gas.... 63 61% 63 61% Colum, Graph... 11% 11% 11% 11% Consolidated Gas 79% 79 79 ..... Cont Can 66 64 66 63% Cont. Candy Cos. 3% 3% 3% 3% Corn Prods 72% 72% 72% 72% Crucible Steel.. 95% 94% 95 95 Cub.Am.Sugar.. 30 30 30 30 Del. A Hudson .101 101 101 101 D. A R. G. pfd. 4% 3% 4% 3% Endicott 62% 62% 62% 62% Erie 13% 13% 13% 13% Erie Ist pfd.... 20% 39% 19% 20% Fam. Players... 57% 57% 57% 57 Fisk Rub. Cos.. 14% 14% 14% 14% Gen. Asphalt... 68% 67% 68% 68 Gen. Electric. .128% 128 128% 128 Gen. Motors.... 15 14% 15 14% Goodrich 40% 40% 40% 40% Gt. North, pfd.. 79% 78 78% 78 Gulf States Steel 36% 34% 35% 32% Houston Oil 76 75 75 76% InspL Copper... 35 34(4 35 34% Inter. Corp 4% 4% 4% 4% Interboro pfd.. 13 12% 13 12% Inter. Harvest.. 96 96 96 95% Internat. Nickel 15% 15% 15% 15% Inter. Invln. Oil 25 24% 24% 25% K-S’fleld Tire.. 47% 47 47 47% Kenn. Copper... 20 39% 19% 20 Loews. Inc 16% 16% 16% 16% |L. A N 101% 101% 101% ... Maxwell M Cos.. 5% 5% 6% 5% ! Mexican Pet ..159% 157% 158% 157% Miami Cop .... 18% 18% 18% 18% Mid States Oil. 13% 13% 13% 13% Midvale Steel... 31% 81% 31% 81% M K A T 2% 2% 2% 2% Mis Pac Rv .. 19% 18% 19% 19 Nev Con Cop . 11% 11% 11% 11% N Y Central .. 72% 72% 72% 73 N Haven 21% 21% 21% 21% Nor A Western. 101 101 101 101 North Pacific... 87% 86% 86% 87% Okla PA R Cos. 3% 3% 3% 3% I Pan-Amer Pet.. 75% 75% 75% 75% 1 Penn Ry 41% 41% 41% 41% People's Gas... 38% 38% 38% 35% I’ierce-Arow ... 26% 25% 26% 23% Pierce Oil Cos. 11% 10% 11% 11 Pitts Coal 61 61 61 61 Pressed Stl Car 95 94 94 % 93 Pull Pal Car . 111%. 11l 111% 110% Pure Oil 86 35% 35% 35% Ray C\per ... 13% 13% 13% 13% Reading 84% 83% 84 84% R Iron A Steel .67 66 % 67 66% Ryi Dos N Y . 66% 66% 06% 66% Sears-Roebuck . 91% 90% 01% 91 Sinclair 24% 24% 24% 23% South. Pac 98% 98% 98% 98% (Southern Ry... 23(4 22% £3 23% Stan. Oil.N.J.pflos% 108% 108% Inß% St. L.A S.F.eom 22% 22% 22% 22 Studebaker* .... 59 56% 58% 68% Ten. Copper 9 8% 9 9 Texas Cos 43% 43% 43% 43% Tex. A Pac 21% 20% 21% 20% Tob. Prod 56 55% 55% 55% Transco. Oil .. 10% 10 ,10% 10% Fnion Pacific.. ..120 119% 119% 120% Unit. Ret. Strs. 50% 50% 56% 36% C.S.Food. P. C. 26 26 26 26% United Fruit Cos. 109 107% 108 107 U. S. Ind. A!.. 70% 69% 69% 00% IT. S. Steel 83% 82% 83% S3 % U. S. Steel pfd.llo% 110% 110% 110% Utah Copper .. 57% 66% 57 56% Van. Steel 37% 37% 37% 57% Ca.-Car. Chem... 37 36% 36% 37 Wabash 8% 8% 8% 8% ; Wab. Ist pfd... 21 20% 20% 20% W. Maryland .. 10% 10% I>% ... I Westh. Elec ... 45 45 45 45 White Motors... 39 38% 38% 38% WUlys-Overland 8% 7% 8% 8 NEW YORK BANK STATEMENT. NEW YORK, Jan. 29.—Average: Loans, decreased $34,307,0)0; demand deposits, decreased $71,275,000; time deposits, decreased $10,087,000; reserve, decreased $2,745 600. Actual: Loans, decreased $62,840,000; demand deposits, decreased $80,118,000; time deposits, decreased $12,429,000; reserve, decreased $3,552,490. CHICAGO STOCKS. (By Thomson A McKinnon.) —Jan. 29 Open. High. Low. Close Armour pfd ... 92% 92% 92% 92% Carbide A Carb. 59% 59% 57% 58 Libby 15% 12% 12% 12% Mpi.tgom- Ward 16% 16% 16 16% Nat. Leather... 8% 8% 8% 8% Sears-Roeb. ... 90% 91 90% 91 Stew. Warner... 34% 34% 33% 34 Swift ACo 103% 103% 103 103% Swift. Int 27% Arm. Lea 12% Piggly Wiggly.. 15 In the Cotton Market NEW YORK, Jan. 29. —Firmness In foreign exchange and the German reparation agreement caussd a steadier feeling and Initial prices were 13 to 17 points higher od the cotton market today. Wall street and the trade furnished the chief buying power at the start, while Liverpool sold. Later changes In prices were small and at the end of tbs first fifteen minutes the market was about 14 points higher on active positions. The market was quiet in the late dealings. slightly above the low levels. The close was steady at a net advauce of 4 points to a net decline of 18 points. WHOLESALE FEED TRICES. Ton. Cwt. Acme feed $38.00 $1.96 Acme middlings 42.00 2.15 Acme dairy feed 47.50 240 E-Z dairy feed 37.50 1.90 Acme H. A M 38.00 1.95 Acme stock feed 32.30 1.66 Cracked corn 37.00 1.90 Acme chicken feed 43.75 2.25 Acme scratch 41.75 2.13 E-Z scratch 39.30 2.00 Acme dry mash 48.50 2.45 Acme hog feed 47.00 2.40 Homllk yellow 36.00 1.85 Rolled barley 43.50 2.20 Alfalfa mol 41.00 2.10 Cottonseed meal 41.00 2.10 Linseed oU meal 51.00 2.60 Acme chick mash * 51.00 2.10 FLOCK AND CORN MEAL. Corn meal, 100-lb. bag $ 2J.0 E-Z Bake baker's flour in 9S-lb. ' bag 10.80 WHOLESALE BEEF PRICES. The following are today’s wholesale market prices for beef cuts as sold by the Indianapolis markets. Ribs—No. 2,31 c; No. 8,20 c. Loins— No. 2,25 c; No. 3,20 c. Rounds—No. 2, 22c; No. 3,18 c. Chucks—No. 2,13 c; No. 3,12 c. Plates—No. 2,13 c; No. 3,12 c. CLEVELAND PRODUCE. CLEVELAND. Jan. 29.—Butter—Extra, in tub lots, 63%®54c; prints, 54%®53c; extra firsts, 52%®53c; firsts, 51%®52c; seconds, 44@40c; packing stock, 12®15c; fancy dairy roll, 20®25c. Eggs—Fresh gathered northern extra, 67c; extra Units, 66c; Ohio firsts (new cages), 64c; first (old cases), 03c; Western firsts (new eases), 63c; refrigerator extras, 60c; refrigerator firsts, 58c. (A case contains 80 dozen). Poultry—Live heavy fowls. 32@34c; light stock, 25c; roosters. 24c; spring ducks, 38®40c; turkeys, 45@50c; geese. 39(535c; spring chickens, choice, 29(3 30c. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load: Hay—Loose timothy, new, $22@28; mixed hay, new, s2l @23; baled, $24@2S. Oats—Bushel, new, 45@50c. Corn—New, 70(7575c per bushel.

HOG PRICES - 25 CENTS LOWER Cattle Down 25 to 50 Cents— Calves Close Weak. RANGE OF HOG PRICES. Good ' Good Good Jan. Mixed. Heavy. Light. 24. {[email protected] {9.50® 975 {lo.oo@ 10.25 25. [email protected] 9.50® D.75 10.00®10.25 26. 10.00® 10.25 9.75 ® 10.00 10.25®10.50 27. 9.75® 10.00 9.50® 9.75 10.00®10.26 28. [email protected] [email protected] [email protected] 29. [email protected] 9.25® 9.75 [email protected] Hog prices were steady with the close 'of the Friday market and 25c lower than the peak of the same market at the opening of the local livestock exchange today. There was a top of $10.40 , on some extra fancy light hogs, but the j bulk of that grade brought $10(q10.25. j Medium, mixed and light hogs ..were fully 25c lower than the high mark of ! the Friday market. The bulk of the roughs sold around SB, and a few good pigs brought the price of the loads. Receipts for the day approximated 9,000 fresh swine, with close to 3,000 stale stuff In the pens from the trade of the day before. There was a fairly good demand by both the local packers and the Eastern shippese, but there were Indications that the clearance for the day would not be good. Receipts of freßb cattle were light at close to 300 arid the market tone was dull and draggy. Packers were buying but little stuff and the speculators were the most active buyers in the market. j They were generally bidding 25 to 50 I cents lower on most ail grades of cattle. Bids on steers and bulls were also 25 to 50 cents lower. There was little demand for canners aud cutters and they too were lower. The calf market opened with a good tone, but only a few buyers were sctlve and when their demands were satlsflied, a draggy tone set in and the market closed with prices 50 cents to $1 lower. There was a top of $15.50 early In the trade, but the highest price paid at the j close of the market was $14.50 on choice j veals. Good calves closed at $12.50® 13 SO, and choice stuff at [email protected]. A few odd sales during the early hours i brought sl6. There were between 250 and 300 calves on the market. With around fifty sheep and lambs on the market, prices were steady. HOGS. Best light hogs. 100 to 200 lbs | average [email protected] 200 to 300 lbs. average 9.25® 9.75 Over 300 lbs 8.73® 9.23 Sows 7.50@ 8.00 Best pigs, under 140 lbs 9.51)@10.25 Bulk of sales [email protected] CATTLE. Prime cornfed steers, 1,030 lbs. and up 8.75® 9.50 Good to choice steers, 1,200 to 1,800 lbs B.oo@ 8.75 Good to choice steers, 1,100 to 1.200 lbs. 7.50® 8.00 Medium steers 1,000 to 1,100 lbs 7.25® 8 00 Common to medium steers, 800 to 1,000 lbs. 5.50® 7.00 —lleiferp and Cows— Good to choice heifers 6 00® 8.00 Medium heifers 4.25® 6.00 Common to medium heifers.. 4 <h>@ 5.00 Good to choice cows 5.00® 6.00 Fair to medium cows 4.00® 5.00 Cutters 3 00® 3.75 Cauuers 2.75® 3.25 —Bulls— Good to choice butcher bulls 5.00® 7.00 Bologna bulls 4.50® 5.50 Light common bulls 6.00® 7.00 —Calves — Choice veals [email protected] Good veals 12.50® 13.50 Medium vea's [email protected] Lightweight veals 6.00® 7.50 Heavyweight veais 7.50® 8.50 Common heavyweight calves. 3.00® 7.00 —Stockers aud Feeders— Good to choice steers, under 800 lbs 7 00® 8.00 Medium cows 4.50® 5.00 Good cows 5.00® 530 Good heifers 6 50® 6.60 Medium to good heifers 3.00® 6 00 Good milkers 60.<W i @96.00 Slock calves, 250 to 450 lbs... 5.00® 8.00 SHEEP AND LAMBS. Good to choice sheep 3 00® 3.50 l air to common 2.00® 3.00 Bucks 2.00® 2.50 Cull sheep l.<K-<3 1.30 —Lambs— Common to choice yearlings. 5.50® 6.50 Spring lambs [email protected] Other Live Stock CHICAGO, J B n. 29.—Hogs—Receipts, 5,000; market, 10®15c up; bulk, $0.40® 10, butchers, [email protected]; packers, sß.oo® 9.25; lights, $9.90® 10.35; pigs, sl'® 10.25; roughs, $5.40®8.60. Cattle—Receipts, 500, market, steady; beeves. $7@1025; butchers, *5®6.50; canners and cutters, $3.25 ®5.25; stocUers and feeders. $5®8.25; cows. $1.00®7.25; calves, sll® 13.30. Sheep - Receipts, 10,0(8); market, Steady; lambs, [email protected]; ewes, $2®5.50. CINCINNATI, Jan. 2.—Hogs Receipts, 3,000; market steady to 25c higher; heavy hogs, $9 75@10; mixed. slo® 10.25; medium and lights, $10.50® 10 75; pigs, $9.75; roughs, $8; stags, $6 50. Cattle—Receipts, 250; market steady; bulls, weak; calves, sl4. Sheep and lambs—Receipts, 50; market steady. CLEVELAND, Jun. 29.—Hogs —Re ceipts, 2,000; market 10c up; yorkors, f 10.75; mixed, $10.60; medium, $10; pigs, $10.75; roughs, $8; stags, SO. Cattle—-Re-ceipts, 150; market slow. Sheep aud lambs—Receipts. 1,000: market 50c lower; top, $lO. Calves-Receipts, 150; market $1 lower; top, sl7. PITTSBURGH, Jan. 29.—Cattle—Receipts, light; market steady; choice, $9.25 @9.50; good. t9®9.25; fair, sB®B 30 ; veal calves, $15®16.50. Sheep and lambs—Receipts, fair; market slow; prime wethers, s6.i® 7; good, $5.75®6.25 ; fair mixed, $5<g5.50; spring lambs, $10.75®11. Hogs —Receipts. 20 doubles; market higher; prime heavies, [email protected]; mtdinms, sll @11.15; heavy yorkers, [email protected]: light yorkers, [email protected]; pigs. {[email protected]; roughs. s7@B; stags, $5.30@6. EAST BUFFALO, Jan 29—Cattle Receipts, 500; market, slow, 25c lower; shipping steers, [email protected]; butchers grades, [email protected]; flows. $2.50@7. Calves—Receipts, 250; market, slow, 75c lower: i culls, choice. $">@16.50. Sheep and Lambs — Receipts, 1,400; market, slow, 50c ! lower; ffhoice lambs, [email protected]; culls, ! fair. [email protected]; sheep, $2.50@6. Hogs—- ! Receipts, 6,400: market, slow steady, 25c I up; Yorkers, $10.75@11; pigs. [email protected]; mixed, $10.50% 10.75; heavies, [email protected]; i roughs, [email protected]; stags, [email protected]. | EAST ST. LOUIS, Jan. 29.—Cattle—- ] Receipts. 350; market, steady; native beef j steers. [email protected]; yearling beef steers and i heifers, $7.50@9; cows, $5.25@0; Stockers | and feeders, [email protected]; calves, [email protected]; | canners and cutters, $3.750il lloes—KeI ceipts, 0,500: market, s@loc higher; | mixed and butchers, $10®i1().25; good heavies, $9.75® 10; rough heavies, $7.95®5; i lights, [email protected]; pigs, [email protected]; bulk of sales, slo® 10.25. Sheep—Receipts, 150; market, nominal; mutton ewes, $4 @5; iambs, [email protected]; canners and cutters, [email protected]. INDIANAPOLIS PRODUCE. Eggs—Fresh, loss off, 50c. Poultry—Fowls, 24@29c springers, i.fc; cocks, 16c; stags, 16c. old tom turkeys, 35c; young tom turkeys, 12 lbs. and up, 40c; capons, 7 lbs. aud up, 33c; young hen turkeys, 8 lbs. and up, 40c; cujl, thin turkeys not wanted; young tom 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 4S@49c for creamery butter delivered at Indianapolis. Butterfat —Buyers are paying 45@46cc for cream delivered at Indianapolis. CHICAGO PRODUCE. CHICAGO. Jan. 29.—Butter—Creamery extras. 45%c; creamery firsts, 45%c; firsts. 38@44%c; seconds. 30@370. Eggs— Ordinaries. 53@54c; firsts, 55%@5f1c. Cheese—Twins. 23%c; Young Americas, 26%c. Live poultry—Fowls, 30%e; ducks. 32c: geese, 26c; spring chickens, 28c; turkeys, 43c; roosters, 20c. Potatoes — Receipts, 62. cars; Wisconsin ond Minnesota, [email protected].

INDIANA DAILY TIMES, SATURDAY, JANUARY 29, 1921.

Stock Market Review NEW YORK, Jan. 29—The Evening Sun financial review today said. “Proceedings in today's short session of the stock market were too dull and listless either to creat interest or excitement. From tae beginning there was an entire absence of Initiative. Such prior fluctuations as there were were irregular and mixed. About the best that could be said for the list was that it w r as not weak. “There was perhaps a bit more animation in the last half hour than before. Nevertheless, values were not materially affected. Bonds were firm and relatively livelier than stocks. "General business, according to the advices and observations of the trade journals continues to show improvement, although slow and unequal.’’ jj " Local Stock Exchange —Jan. 29 STOCKS. , . Bid. Ask. Ind. Rail <fc Light Cos. com.. 60 ... Ind. Rail. & Light Cos. pfd... 84 86 Indpls. & Northwestern pfd. ... 75 j Indpls. & Southeastern pfd 75 | Indpls. St. Ry 55 00 iT. H. T. A Light Cos. pfd.... 68 ; T. H., I. & E. com 2 ... j T- H.. I. ft E. pfd 10 10 t nion Trac. of Ind., com 1 ! Union Trac. of Ind., Ist pfd. ... 16 | Union Trac. of Ind. 2d pfd 2 t Advance-Rumeiff, corn 18 ; Advance-llumely, pfd 49 American Central Life 233 Am. Creosote Cos., pfd 92 Belt. R. R., con. 02 66 Belt R. R.. pfd 45 55 •Citizens Gus Cos 30 84% I Century Bldg., pfd Cities Service, com 233 250 Cities Service, pfd 64 65% Dodge Mfg., pfd 93% ... ! Home Brewing' 65 Indiana Hotel, com 68% ... i Indiaua Hotel, pfd 92% ... | Ind. Nat. Life Ins. Cos Indiana Title Guaranty 69 71 Indpls. Abattoir, pfd 45 50 | Indpls. Gas 45 DO Indpls. Telephone Cos. com.. 5 ... • Indpls. Telephone Cos. pfd... 88 ... Mor. Pub. Util. Cos., pfd National Motors 3 7 I Pub. Savings Ins. Cos 2% ... Sterling Fire Insuj. Cos 7% 9% Rauh Fertilizer, pfd 45 Standard Oil of Indiana 70 80 Van Camp Hdw. pfd 90 100 Van Camp Pck. pfd 1)3 100 Van Camp Prods. Ist pfd... 92% 101 Van Camp Prods., 2d pfd... 92 Vandalla Coal Cos. com 5 Vandnlia Coal Cos. pfd 10 Wabash It. R., pfd 19% ... .Wabash It. K., coni 7% ... BANKS AND TBUBT COMPANIES. Aetna Trust Cos 106 Bankers Trust Cos 118 Commercial Nat. Bank 65 I Continental Nat. Bank 112 j City Trust Cos 83 ; Farmers Trust Cos 200 Fidelity Trust Cos 122% Fletcher Am. Nat. Bank.... 230 250 | Fletcher Bav. A Trust C 0... 100 Ind. Natl. Bank 265 285 Ind. Trust Cos 175 193 Live Stock Exchange Rank . 383 ... Merchants National Bank... 280 National City Bank 110 120 Peoples State Bank 187 Security Trust Cos 120 The State Sav. A Trust Cos.. 90 93 Fnioti Trust Cos 340 300 • Washington Bank & Trust.. 150 BONDS. ! Broad Ripple 5s 62% ... Citizens Street Railroad 35.. 70 76 Ind. Coke and Gas 6s • Indiau Ck. Coal A Min. 65.. 92 ! Indpls., Col. A- Southern 88 ...• ’indpls. A Martinsville 55.... 54% Indpls. A North. 5s 43% 46% Indpls, A N. W. 5s 53 59 Indpls. A S E. 5s 45 Indpls., Shelby. A S. E. ss. 70 ... Indpls St. Ry. 4s 60 67% Indpls. Trac. A Ter. 5s 70 75 Kokomo, Marlon AW. 55.... >7% 81 T. H , I. AE 52 Union Trac. of Ind. Cs 53 57 Citizens Gas 5s 74% 82% lud. Hotel Cos., 2d 6s 93% 100% Indpls. Gas 5s 73% 82 Indpls. Light A Heat 5s 75% 83 Indpls. Water 4%s 71 75% Indpls. Water 5s 88% 92 Mer. H. A L. pfd. 5 86 91 New Telephone Ist 0s 94 ... I New Telephone Long DU ss. 93% ... i Southern Ind Power 6*.. LIBERTY BONDS. Liberty first B%s 91 90 92.24 Liberty first 4s 87 60 .... Liberty second 4s 80 40 Liberty first 4%s 87 22 87.00 Llbertv second 4%s 86.70 86 9" Ltberty third 4%s 8!>.90 90 20 Liberty fourth 4% 87.02 87 3o Victory Loans 3% 07 34 97.54 Victory Loans 4%s 97.31 97.54 SALES. SIO,OOO Victory 4%s at 97.40 On Commission Row TODAY’S PRICES. Apples—Missouri Jonathans, per bbl., $8.50; fancy Illinois Jonathans, per bbl, $7 50; extra fancy Grimes Golden, per bbl., j st>®9; extra fancy Wlncsaus. per bbl., j $9; Bell Flowers, per bbl., $0.50, Baldwins, per bbl., $5.50; Spys, per bbl., $4.50 @6; Hume Beauty, per bbl., SB, Klnnard Red, per bbl., $6; Kings, per bbl., $6; Wolf liivers, per bbl., $5; None Such, per bbl., $5; Malden Blush, per bbl., $4.50; Greenings, per bbl., $5.00; choice Jonathans, per bbl., SO. Beans—Michigan Navy, in bags, per lb., 5@5%e; Colorado I'lntos, lu bags, per lb., 10%®10%c i California Limas, In bags, per lb., s@oi.'; Red Kidneys, in bags, per lb., 10(4@10c; California Limas, lu bags per lb., 7%@Bc: California I’ink Chill, In bugs, per In., 7%@Bc; Yellow Eyes, per lb., 12c; dried peas, green, per lb., &<■; spilt yellow peas, lu 60-lb. bags, per lb., 9o: Marrow fat beans. In bugs, per lb.. 12 @l3c. Beets—Fancy home-grown, per bu., $1.50, Bananas Extra fancy high grade fruit. 50®66c per bunch; per lb, Bc. Cabbage—Fancy Northern, per lb„ 2c. Carrots —Fancy home-grown, par b'u SI.OO. Celery—Fancy New Y'ork (2-3 crate). 4-5 doz., $3.50; per crate. SC; fancy New York trimmed, per bunch $L i?.7*00.‘: ,r *'“ c '' c " ao '- *“ <• bJhsssrsfTC & c - h,w Grapefruit—Extra fancy Florida (Blue Goose_ brand), 40s, per box, $5.73; 54c rV’rit 0 * 80 *’ pßr box * 5"; fancy llorldas, os, per box, *4.25; 40s. s4.’>o; 545. 04s and 70s, $5; 80s, ss.orf; 965, $4.50. Lettuce—l uncy hothouse leaf, per lb., 25c: in barrei lots, per lb., 23c; fancy California icebergs, per crate, $4.50. California, all grades. $3.50® oui ,°,!X a 7Z F \ ncy ItfUtina yellow or red I l * r ,, b “ka. $1.50; fancy Indiana white, per 100 lb. bags, $1.50; fancy Spanish, per crate, $2.25. , ’h rsc K“j —8 aU'y large Bikes, per dos.. Potatoes—Fancy Michigan and Wisconsin round whites, per 150-lb. bag. $2 65; 5 or 10 Ib. bags, per bag, $2.50; fancy Idaho Gems, per bag, $2.20®2.40. Radishes—Button, large bunches, per doz., $1; Long Red, per doz., 40e. Sweet Potatoes—Fancy Eastern Jerseys, per hamper, $3; Fancy Indiana Nuney Halls, per hamper, $2.25; x’aucy Indiana Jersey, per hamper, $2 50 Rpinach—Fancy, per large basket, $1.03. Turnips—Fancy washed, per bu, $1.50. crate, $2.50. Kale—Fancy, per barrel, $2.75. Cauliflower Fancy California per crate, $2.75. Oyster Plant—Fancy, per doz, 60c. Leek —Fancy, per doz, 85c. Rage—Fancy, per doz., 45c. Rutabagas—Fancy Canadian, per 50 lbs., $1: per 100 lbs., $1,75. Peppers—Fancy, per small basket, 75c. Kumquats—Fauey Florida, per qt., 25c. Tangerines—Extra fancy Floridas, 144s and 160s, per box. $4.00; 1965, per box, $4; 210s, j>er box, $3.50. Lemons—Extra raney Callfornias, 300s, per box, $4.50@5. Sassafras Burk—Per doz., 40c. Grapes—Fancy Imperial Malagas, per drum, sl4. Strawberries—Fancy Floridas, per qt., 75c. TOLEDO CASH GRAIN. TOLEDO, Jan. 29.—Wheat—Cash, $1.87; Match, $1.80%; May, $1.70. Corn—No. 2 yellow, 65c. Oats—No. 2 white. 44%@ 45%c. Rye—No. 2,06 c. Cloverseed — Cash (1919), $11.75; cash (1920) and January, $13.95; February, $11.90; March, sl2; April, $10.25. Timothy—Cash (1918), $3; cash (1919) and January. $3.15; March and April, $3.20; July, $8.25; September. $3.60. Alslke—Cash (new), $15.15; cash (old), sl6; March. $15.30. <

GRAIN PRICES DROP SHARPLY Little Buying by Millers and for Export Demand. CHICAGO, Jan. 29.—Grain prices dropped sharply on the Chicago Board of Trade today, due to light export demand and lack of buying by millers some of the bearish feeling was offset by the encouraging statistical positlotis of the wheat market. Selling was general In corn, shorts taking profit on the drop. Provisions were lower. March wheat opened at $1.63, off 2%e, and closed at that figure. May wheat opened off l%c at $1.53 and lost 3%e additional at the close. May corn was down %c at the opening at GCc and lost an additional %c at the close. July corn opened at 67%c, off l%c, and dropped %c before the close. May oats opened off %c at 42%c aud lost %c subsequently. July oats opened %e at 42%c and dropped %c additional at the close. (By Thomson A McKinnon.) —Jan. 29Wheat—A continuation of the bearish sealing that existed at the close of the markets yesterday pervaded the grain markets this morning and carried prices sharply lower. Developments were of u bearish character. Foreign advices stated that imprtant export buying would probably not reappear as a market factor for a period of probably two months and BroomhaU, quotes Argentine wheat 8 cents cheaper than American wheat c if Europe. Receipts were light, but met with a sluggish demand. Shipping sales reported were only 5,060 'bushels. There was a report or 15,000 bushels worked for export, but it was presumed to be old business. Minneapolis quoted a strong cash situation with an improvement In the flour trade, but this and reports of small receipts in the Southwest were ignored. March wheat shows signs of congestion and is getting difficult to trade in. It widened Its premium today at one time to 13 cents over May. There is supposed to be a concentrated holding by millers and exporters as well as by elevator interests. The lowest prices of the season were mude In corn shortly after the opening. The buying was confined to profit taking by shorts and against daily privileges. Cash prices sold a cent lower with the discounts %e to %c better relatively. Receipts continue liberal, bnt the demand Is expected to lessen the movement. There are a great many people that feel friendly concern to corn on any further break from here and some Investment buying is noticeable. There Is considerable spreading going on in the way of selling. Country offerings to arrive are only moderate and the weather forecast 1* for unsettled conditions, which may interfere with the movement. Outs declined to new low levels on the crop, encouraged by the weakness In other grains. The buying support was weak and largely confined to profit taking by shorts and holders of privileges Cash prices were a cent lower and the spottrading basis was unchanged as compared with rutures. Country offerings are limited. Important interests continue to sell May and buy July oats Steady liquidation in rye forced a lower range of values, but the volume of trade was not large. The seaboard reported that Germany, w hich bad been the only buyer, bad withdrawn from the market. Cash rye was lower, relatively selling at 12 cents over May. Cash barley was steady, selling from 72 to 75 cents. CHICAGO GRAIN. —Jun. 29 x WHEAT— Open. High. I.ow. Close. March... 1.63 1.64% 1-01 1.63 May 1.53 1.53 1.49% 1.5'J% May 66 66% 65% 65% ,T ul v 67% 68% 67% 07% OATH— May 42% 42% 41% 41% July 42% 42% 42 42% PORK •Jan 23-"J® •May 21.90 L Jun! 13 00 13 00 12.87 12.7 ' May..... 13.62 13.65 13.50 13.50 RIBH— , .... Jun 12 00 12 00 11.75 11.75 May..... 12.45 12.45 12.25 12.25 RYE— Mar 1.41% 1.41% 139% 1.39% July 1.21 1.21 1.18 1.18% •Nominal. CHICAGO CASH GRAIN. CHICAGO, Jan. 29.—Wheat- No. 1 hard winter, [email protected]: No. 8 hard winter $168%; No. 3 spring, SI.OO. CornNo' .2 mixed. C2%t(i2%c; No. 2 white. 3%r; No. 3 yellow, nOV'i'HiCo; No, 3 mixed. 00c: No. 3 while. 6tita6o%c; No. 4 yellow, 57@57%C; No. 4 mixed, 56%® 37’jc; No. o vellow, 55 1 •..((500. Oats- No. 2 white, 10%(ii40%c ; No. 3 white, 38% @3oc. PRIMARY MARKETS. (By Thomson & McKinnon.) —Jan. 29Wheat. (>rn. Oats. Chicago 82,000 661.000 160 000 Milwaukee ... 22,000 175.000 84.000 Minneapolis... 289.000 24,000 J'' i**) Duluth 52,000 13.000 82,000 St. Louis 174.000 160.000 110,000 Toledo 8,000 10 000 8,000 Detroit 7,000 6.000 3000 Kansas City.. 340.000 85.000 10.000 Peoria 2.000 43.0(H) 23 000 Omaha 30,000 113 000 34.000 indlanupolls.. 3.000 59.000 46,000 Totals 991.000 1.349.000 538,000 Year ago... 860,000 t 073.000 700,000 —Shipments— Wheat. Ckrn. Oats. Chicago 58.000 26S.*SM) 166.000 Milwaukee ... 65,000 160 IKK) 07.000 Minneapolis... 160.000 46.000 92.000 Duluth 118.000 St. Louis.*.... 142 (S'O 79 000 131.000 Toledo 7.000 B.onn 11.000 Detroit 4 (KM) 3.000 4.000 Kansas City.. 805,000 20.000 17.000 Peoria ....... ....... nl,(M)0 14.000 Omaha til,<KM) 89.000 10.000 Indianapolis .V 42,000 14 000 Totals 980,000 722,000 559,000 Y'car ago... 744.000 496,000 C 43.000 —Clearances Domes W. Corn. Oats. New York 65.(kk> 17,000 Philadelphia.. 40<M)0 New Orleans. 184,000 120.000 Totals 289.000 164,000 Y'earago.... 77,000 INDIANAPOLIS CASH GRAIN, —Jan. 29Bids for car lots of grain and hay at tho call of the Indianapolis Board of Trade were: Wheat - No sales. Corn—Easy; No. 3 white, 61@63c: No. 4 white, 69®61c. No. 3 white, 55®56%c; No, 3 yellow', 60%@63c; No. 4 yellow, 50%®01c; No. 5 yollow, 55%®57c; No. 4 mixed, 65®57%c; No. 6 mixed, 51® 62 %o. Oats—Easy; No. 2 white, 41®42%e; No. 3 white, 40®41%c. Hay—Weak; No. 1 timothy, $23.50®25; No. 2 timothy, $2;;®28.50; No. 1 light clover mixed, $22®22.30; No. 1 clover hay, s2l ®2LSO. —lnspections Wheat—No. 1 rod, 1 cur; No. 2 rod, 1 car; No. 4 red, 1 car; total, 3 cars. Corn—No. 3 white, 2 carsj No. 4 white, 13 cars; No. 5 white, 1 car; No 2 yellow. 1 enr; No. 4 yellow, 17 cars; No. 5 yollow, 4 cars; No. 3 mixed, 1 car; No. 4 mixed, 3 cars; No. 5 mixed, 1 car; total, 43 cars. Oats—No. 1 white, 1 car; No. 2 white, 16 cars; No. 3 white, 3 cars; No. 1 white, 1 car; total, 21 cars. Hay—No. 1 clover mixed, 1 car; No. 2 clover mixed, 1 car; total, 2 cars. BOARD OF TRADE STATEMENT. The weekly statement of the Indianapolis Board of Trade, showing the output of flour l>y local mills, inspections for the week and stock in store, follows: COM PA RATI VE STATEMEN T. Output of Flour — Barrels. Jan. 29, 1921 5,813 .Tan. 22, 1921 5,950 .Tan. SI, 1920 10,709 Feb. 1, 1919 6,103 Inspections for Week — —Bushels— In. Out. Wheat 29,000 Corn 470,000 107,000 Oats 274.000 82,000 Rye 4,000 Hay, 21 cars. \ —Stock In Store. Wheat. Corn. Oats. Rve. .Tan. 29, 1921. 116,830 551,580 422.080 1,500 .Tan. 31, 1920 . 481.480 280,940 73.190 4,710 Feb. 1, 1919. 279,850 (551,880 279,880 8,100 WAGON WHEAT PRICES. Indianapolis flour mills and eJevators today are paying $1.75 for No. 1 red wheat. $1.72 for No. 2 wyjeat and $1.60 for No. 3 red.

Weather The following table shows the state of weather at 7 a.in., Jan. 29, as observed by the United States Weather Bureuu: Station. Bar. Temp. Weath. Indianapolis, Ind... 29.94 87 Cloudy Atlanta, Ga 30.18 42 Clear Amarillo, Tex 29,78 40 Clear Bismarck, N. D... 30.18 14 Cloudy Boston, Mass 30.30 30 Cloudy Chicago, 111. 29.90 34 Cloudy Cincinnati, 0 30.02 38 PtCldy Cleveland, 0 3002 34 Clear Denver, Colo 29.92 88 Clear Dodge City, Kas... 29.74 32 Cloudy Helena, Mont 30.14 18 Clear Jacksonville, Fla... 30.16 48 Clear Kansas City M 0... 29.72 44 Cloudy Louisville, Ky 80.02 42 Rain Little Rock, Ark.. 29. if) 52 Cloudy Los Angeles, Cal.. 80.22 46 Clear Mobile, Ala 80.14 46 Cloudy New Orleans, La.. 30.12 48 PtCldy New York, N. Y... 30.28 32 PtCldy Norfolk, Vn. 30.20 34 Clear Oklahoma City ... 29.68 48 Clear Omaha, Neb 29 78 32 Cloudy Pudadelpbia, Pa... 30.26 32 PtCldy IdUsburgh, Pa. .. 30.08 42 Cloudy Portland, Ore 20.80 40 Italn Rapid City, S. D.. 30.02 28 Snow Roseburg, Ore 29.52 44 Rain San Antonio, Tex.. 29.96 56 Cloudy San Francisco, Cal. 30.14 46 Cloudy St. Louis, Mo 29.84 44 Rain St. Paul, Minn 29 92 80 Cloudy Tampa, Fla 30.14 50 Clear Washington, D. C. 30.24 28 PtCldy WEATHER CONDITIONS. The Western depression has moved Eastward and is noiv centered In eastern Kansas, and another has appeared on the north Pacific coast, while a field of high hurometrio pressure, accompanied by lower temperatures, extends between from mid die-western Canada to the south Pacific. In connection with the former disturbance rains have fallen In the middle Mississippi VaJley. and temperatures have c©:snued to rise irom the Plains Males Eastward; while in connection with the Western storm rains are falling In the North Pacific htates. Some light snows also have fallen from Wyoming and the Dakotas northward. J. H. ARMINGTON. Meteorologist, Weather Bureau. ARREST OF TWO SAID TO CLEAR 40 BURGLARIES (Continued From Page One.) in the east and north sections of the city and for some time they were not only unable to catch the burglar, but were also unable even to geA his description. Then, following a burglary at the home of Mrs. Henry Mueller. 1112 Nortn Jefferson Avenue, fivo little girls described the man whom they saw leaving the house. That man was Vinton Mingle, the police say. STOLEN SILVERWARE SOLD AT MARION. The silverware stolen from the Mueller home was sold to a second hand dealer in Marlon. The dealer believed the silverware stolen and sent for the police, but the man who sold It escaped. That man wus Vinton Mingle, the police say. Some of the loot stolen in this city has been recovered In Louisville, the detectives sa.v. A room at police headquarters Is filled with recovered loot. Persons whose homes have been robbed are Invited to visit police headquarters and inspect the articles recovered. Some weeks ago the police arrested a man called the “East End Burglar,” who was convicted of some thefts in the east part of the city, but who claimed all the burglaries in that section had not been committed by him. As the burglaries continued after his arrest, the police knew this was true A “boy burglar” was arrested while robbing a north side residence and yesterday was bound over to the grand jury, but he also claimed "some other burglar has been getting in on my territory.” I IFTKEX Bl KGI.ARIES ON rOLICE LIST. The police say that Mingle was the man who robbed most of the homes In the north and east parts of the city. Fifteen of the houses which they say they are sure Minglf entered are: Harry Ball. 13 South Klley avenue; James Lynch, 415 North Arsenal avenue; John Stout, 1520 East Vermont street; Claude 11. Dill, 6202 East Washington street; H. M. Cantwell, 1438 Brookside avenue; (V. K. Bass, 811 North Oxford avefiue; William Lacker, 1136 North Keystone ave one; Frank TV. Ernth, 1133 Nortn Oxford street; James Orlmes, 1926 North La Halle street; G. W, Swain, 30 North Hamilton avenue; Bernard Schrelmer, 1521 East Ohio street: John Young, 249 Dickson street; Charles Rubush, 1028 East Vermont street; B. H. Soltau, 101 North Sherman drive; James Muglvan 906 Greer street. Detectives Roache and Fossettl stated that some of the Jewelry recovered at the home of William Mingle had been Identified by Mrs. Bernard Shrlner, 1513 East Ohio street, whose home was robbed a few days ago. At the Shrine.r home the burglar obtained some money ana Jewelry worth $145. Twenty persons whose homes were entered by burglars have Identified the articles on exhibit at police headquarters. / NEW ANNOUNCES FOR NEXT RACE Tells Editors He Stands on Record for Renomination. The Repnbllcan senatorial campaign was launched last night when Senator Harry S. New announced his candidacy for renomination and re-election two years hence. The Senator made his announcement at the annual dlnne- of the Indiana Uepublien Editorial Association iu the Riley room at the Claypool Hotel. Although Senator New’s entrance Into the race was not unexpected, the fact that he made a formal announcement so early Indicates that the Republicans are preparing for a long drawn-out campaign. The other avowed contender for senatorial honors is ex-Senator Albert J. Beveridge, whose speech-milking over the State has been generally accepted as indicating his intentions. “I have liked it well enough in Washington,” said Senator New, “to have made up my mind to come before you again.” The 400 editors and party leaders at the dinner gave him an ovation that lasted several minutes. “If you think I have made good,” the Senator resumed, “I am going to ask you to indorse me by renominating aud re-electing me. If I have failed, then do not do it. I stand upon my record." Edward Hancock, president of the editorial association, presided. Governor Warren T. McCray received a warm greetiug when be made a brief speech. Other talks were made by Governor Hyde of Missouri and Mrs. Manly L. Fosseen of Minnesota, who was associated with the Republican national committee during the last campaign. Telegrams from President-elect Harding, Vice President-elect Coolidge, Senator James E. Watson and National Chairman Will H. Hays were read. Motion pictures of the outing the editors held last summer at Turkey Run were exhibited. Mrs. B. E. Hosklnson of Evanslvlle rendered several vocal numbers.

Kropotkin, Russian Red Leader, Is Dead LONDON, Jan. 29.—The famous Russian revolutionary leader. Kropotkin, is dead, according to information received here from Moscow today. Kropotkin was actl*e In revolutionary councils in Russia for many years before the war. He supported the Keremky Socialist regime after the overthrow .of the Czar. papers

APPROPRIATION BILL HELD UP BY CRY OF ‘JAM’ (Continued From Page One.) demanding their representatives have the right to know what is In the bill. Senator Duncan explained there was no attempt to rush the bill and, "If It will make anybody feel better,” he would withdraw bis motipn. The bill thus goes over to next week. The provision that the Governor may discharge employes and board members was Introduced by Senator Joseph M. Cravens of Madison, Democrat, and was adopted without considerable debate. It was passed by a rising vote without the ayes and noes being recorded. The present law provides in most cases that members of commissions and persons holding many other appointive offices shall hold their offices during specified terms and may not be removed by the Governor without the latter showing cause ana granting a hearing. In cases of clerks, deputies and other subordinate employes, the right of department to employ and discharge has always been recognized and some rare cases of executive interference have been much resented. BELIEVED SHOT AT TAX BOARD. It is known that Governor Warren T. McCray is dissatisfied with the members of some of the commissions, especially the State board of tax commissioners, and it has been generally reported that he would welcome the to make reappointments. Should this amendment to the appropriations bill be passed he would be able to do this without giving any explanations or giving the persons removed 4n opportunity to show why they should not be removed. The difficulties experienced under the present laws by a Governor who attempts to remove a member of a State commission were clearley shown when former Governor James P. Goodrich early in his administration undertook to remove a member of the public service commission because the Governor contended that his being a member did not conform with the law regarding political representation. The removal was accomplished only after a bitter contest which was carried to the courts. The Cravens amendment provides that the power to remove shall be extended only to persons employed “within the Ftatehouse” and not to any outside commissions or boards. Senator Roscoe Kiper of Boonvllie demanded to know whether Senator Cravens had the tax board In mind. Senator Cravens did not reply direetly but said that he believed the Governor should have the power to remove a person he had appointed. OBJECTS TO POWER 1 OR GOVERNOR. Senator Don P. Strode of Kokomo objected to the amendment, declaring the Governor should not have the power to discharge employes of the various do partments. Senator William E. English of Indianapolis expressed the opinion that the appropriations hill was not the plnce for such a provision. Senator Cravens’ motion came following refusal of the Senate to strike out of the appropriation bill provisions for a Governor's “emergency compensation fund” of S2O 000. The motion to strike out was made by Senator Lindlev of Vermilion County. It was explained that the purpose of the fund is to permit the State to employ additional assistance In cases of emergency and to regulate salaries In minor positions without resort to enactments covering such cases. Senator Cravens, in the course of the debate, declared there are twenty State employes now where there was one fifteen years ago. The Senate as a committee of the whole and the Finance Committee of the Senate In Its report, which was adopted, made several changes-Tn the bill as It left the House. CHANGES MADE IN APPROPRIATIONS. The changes were as follows: Making appropriations for the State School for the Blind apply to the school year Instead of the calendar year. Striking out a restriction providing that the salary of $3,000 of the deputy Secretary of State shall be In lieu of all other salary and fees. Providing that the salary of the sheriff of the Supreme Court shall be $1,200 Instead of S9OO a year. Providing that the salary of the adjutant general shall be $5,000 a year Instead of $3,600. Removing an appropriation of $20,000 for the State park commission. Increasing the appropriation for the division of child hygiene of the State board of health from SIO,OOO to $20,000. Increasing the salary of the secretary of the State board of health from $3,000 a year to $4,000 a year. Increasing the appropriation for the division of tuberculosis of the State board of health from SIO,OOO to $20,000. Removing restrictions from the,use by the board of health of money contributed by the Federal Government. Reducing the appropriation for the public library commission from $22,000 to $21,230. Providing that State employes shall be paid monthly instead of semi-monthly. In all, the Senate cut the appropriation bi11'520,750 and Increased it $22,800, making a net increase of $2,050. SALARY BOOSTS TURNED DOWN. Senator Miles J. Furnss of Lynn moved that the salary of the Secretary of State be made $7,000 Instead of SO,OOO. Senator Mater moved that the motion be tabled aftid it was tabled. Senator Winfield Miller of Indianapolis moved that the salary of the State Superintendent of Public Instruction be increased from $5,000 to $6,000. Ha characterized this office ss “the most Important in the Stntehouse, not excepting the Governor.” The motion was finally lost. When the appropriation for the State department of conservation was reached Senator Alfred Hogston of Marion moved to decrease it from $95,000 to $85,000. He was asked by Senator Robert L. Moorhead of Indianapolis whether he would withdraw his amendment if an amendment making a still greater cut were Introduced. Senator Hogston consented and Senator Moorhead Introduced Ms amendment eliminating entirely the aft 1 propriatlon of $20,000 for the State park commission, which is a part of the conservation department. Ho explained that the commission has a large revenue from other sources. The motion carried. A motion to increase the salary of the secretary of the board of health from $3,000 to $4,000 was made by Senator A. H. Beardsley of Elkhart and was carried. Dr. J. N. nurty, who has been secretary for a quarter of a century, was in the Senate chamber at the time. He declared that the increase came as a surprise to him. The SIO,OOO additional for the tuberculosis department of the board of health was then appropriated, after the statement was made that Dr. Hurty had asked for such an addition. A motion by Senator Lindley to increase the appropriation to the Indiana Corn Growers’ Association from SI,OOO to $1,500 was lost. A movement to abolish the central institutional purchasing committee was started by Senator Cravens, but failed, although some members of the majority favored it. Senator Cravens declared that some institutions are still paying high prices for sugar, and that some are paying higher prices for flour than those for which It can be bought on the open market. Must Quit U. S. at Onee WASHINGTON, Jan. 29 —Donald O'Callaghan, lord mayor of Cork, must leave the United States within tw-o weeks,,according to a ruling Issued by the Lisbor i J was said to be a “mod j

M’CRAY BILLS TO GET ACTION COMING WEEK (Continued From Cage One.) tained on the needs and expenditures of the lnstlutlons and tha‘. Instead of a hasty visit on the part of a Legislates Visiting Committee a careful and busi-ness-like analysis of the conditions will be made. Governor McCray said he had not yet determined what office he would charge with the administration cf the bill, but it is understood that he favors the State Board of Accounts. This latter board is being selected, it is said, because the duties of the chief examiner places him in close touch at all time! with the institutions. The budget blil probab y will be introduced in the Senate by Senator Oscar I’atts, who was a member of the Governor’s personal commission that Investigated budget laws in otter States just fill. The Dili is now undergoing Its final preparation. . It was learned definitely today that Governor McCray will not press at the present session of the Legislature for the creation of a central board of control for all of the State Institutions. The Governor has had the matter under consideration, but is understood to feel that the question should be more thoroughly considered before the innovation is asked for. REFORMATORY REMOVAL PLANNED. The governor definitely has decided on the bill calling for the removal of th reformatory from Jeffersonville. The measure will call for the appointment of a commission to select >he new site and also will appropriate $250,000 to pay for the expenses of the transfer and to start the erection of a’new reformatory. The question has been agitated ever since a fire practically wrecked the present prison at Jeffersonville. An agitation for the location of the reformatory In connection with the Indiana State Farm at Putnamville has developed of late. Governor McCray, however, said he would leave the question of a site in the hands of the board. The bill placing the members of the board of pardons on a per diem basis of $lO comes as a result of Governor McCray’s decision to place all requests for pardons directly before the board. He lias instituted anew rule calling for the board to meet monthly, instead of every three months as heretofore. The board members now receive S3OO a year. It was announced the bill placing ths State board of agriculture under State control will be Introduced In the House Monday by Representative Murray S. Barker of Boone County. RAIL CHIEFS TO PRESENT WAGE CASE TO PUBLIC (Continued From Page One.) Labor Board, said today in an Interview. “This drive is being pressed, despite the fact that three-fourths of all industrial workers —skilled and unskilled —in the United States today receive wages insufficient to maintain a family of five in decency and comfort,” he said. “I base this assertion on investigations by the United States commission on industrial relations, of which I was chairman, down to 3915 and on subsequent f&porta. He asserted wage cuts now being made could not be justified on a lower living #ost basis and predicted that “before the Harding administration is a year old” It would be necessary for the country to reestablish an organization similar to the wa rlabor boar dis there was to be industrial peace. Marriage Licenses William Gardner, 204 E. Ohio 5t.... 23 Lillian Marschko, 921 E. Raymond st 23 F. N. H. Mitseff. 104 E. Forest av 26 Catherine Shivifoff, R. R. J 19 William Flovd, Ft. Wayne, 1nd.t.... 37 Elsie Ilaffner, 112 W. North st 20 Herschel Gentry, 1175 Graff av 28 Mary Bernhardt, 3052 W. 10th 5t.... 29 Jesse Mitchell, 2361 Park av 29 Dorothy Doyle, 3327 Central ave 28 Thomas Perry, Essex apartments.... 29 Mamie Adams, 40 E. Raymond 5t.... 21 John Byard, 120 N. New Jersey st.. 67 Annie ireemau, 322 N. East st 65 William Van Arsdale, city 22 Margaret Smith. 5403 Broadway .... 22 Charles C. Burgln, Bates Hotel 24 Hester Waggoner, 1510 Spruce 5t.... 23 George Pittman, 128 W. Ohio st 27 Leiiah Lester, Bloomington, 1nd.... 2F Births Sam and Mattie Dennis, 2036 Lewis, boy. William and Minnie Cook, 1422 W. Ohio, girl. Louis and Ruth Care, 2628 Olney, glrL Amo and Grace Rouse, 255 S. Summit, girl. Julius and Minnie Smydt, 825 B. New York, boy. Raymond and Theresa Ross, 442 Minerva, girl. Robert and Anna Wolfred, 2215 Brookside parkway, girl. Charles and Bertha Jagatlch, 2412 S. Meridian, girl. Lawrence and Alvina Hursting, 1708 Milburn, girl. John and Frieda Emrfcb, 949 Tabor, boy. Carl and Elenora Brandt, 2407 Bethel, girl. James Rnd Edith Noe, 1129 W. Eighteenth, girl. James and Florence Moore, 2128 Woodlawn, girl and boy (twins). Sherman and Fern Jarrett, 90S King, girl. Louis and Marietta Bonslb, 409 N. Dearborn, girl. Elmer and Clara Flick, 1315 Ringgold, boy. Frank and Mary Marcella, 1218 Bdfamont, boy. John and Della Hunter, 1252 Boarh% boy. Dell and Mary Graham, 740% Fletcher, boy. Charles and Lulu Suddith, 2415 Stuart, girl. Alley and Georgia Sharpe, 244 N. LaSalle. girl. Charles and Della Tyler, 1202 Delosa, boy. Deaths Granville Garland Kemper. 2, 718 North East, chronic gastro enteritis. Mary Smith, 52, Methodist Hospital, general peritonitis. Lionel Crittenden, 14, city hospital, general streptococcus toxemia. Alice E. Nuckles, 22, 1045 East Market, acute tubercular meningitis. Mary Sophia Broyer, 75, 2185 Wendell, cerebral hemorrhage. James M. Norris. 52, Deaconess Hospital, fractured skull: accidentsL • Marv H. Edwards, 39, 528 West Twelfth, chronic valvular heairt disease. Ellen Monaghan, 82. 1315 North Illinois, acute cardiac dilatation. ® “Investment" is a magazine of ® ■ reliable and up-to-date news * B about high grade securities. Con- ■ • tains just the information you g need, if you want to be well posted on _ ■ the beat stocks, and car. invest $5 or • n more per month. Equal to an invest- “ ment service coating SIOO to $l2O per " B year, says one reader of “Investment.'* B Ask us for a free trial subscription. _ S KRIEBEL & CO ; twesTMtAfT Btvacens ■ 137 So. La Salic St/ • Chica<Kx ■ tsismmmmmmaasammaatßmm

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