Indianapolis Times, Volume 33, Number 241, Indianapolis, Marion County, 16 February 1921 — Page 8

8

STOCK MARKET * TONE UNSTEADY Several Specialties Make Good Upturns in Opening Trade. NEW TORIv, Feb. 16—Price movements were of a mixed character at the opening of the stock market today, several of the specialties making good upturns, while the leading standard issues were In supply. General Asphalt attracted attention with an advance of 1% points to 70%. General Electric continued Its upward trend with a gain of 1 point to 132%. Steel Common improved fractionallv to 804, but Baldwin Locomotive vielded 1 point to 91 and Crucible also fefl 1 point to 95%. Reading Issues continued to reflect disappointment in the segregation plan, the common dropping % of a point to 75%. while the first preferred fell 2 points to 46. Mexican Petroleum sold off % of a point to 161%. while Pan-American Petroleum rose % of a point to 77%. American Linseed was a weak feature, dropping 2*4 points to 51. The stock market continued irregular during the forenoon with the important changes consisting of declines. Bosch Magneto was again under pressure, falling 2% points to 33 with selling atrributed to a dividend uncertainty at the directors’ meeting tomorrow. International Paper was another weak feature, ranging from 50% to 58%. United States Steel ranged from 84% to 84*. international Mercantile Marine Issues reflected increased interest, the common stock moving up * of a point to 15* and the preferred * of a point to 34%. American International advanced 1% points to 48%. Southern Pacific Rights sold down to anew low of 15. Reading issues were quiet and without special change. (By Thomson A McKinnon.) —Feb. 10— The Tolnme of business yesterday on the stock exchange \as somewhat larger, but the trading was exceedingly irregular. Sentiment has been more favorable to the market recently and more generally a disposition to look cheerful to the future. Some of the buying during the week lias been credited to professional account. Some observers called It short covering ! and if so, it may be only a step in the i reversal of the position heretofore occu- J pled by the leading professionals and i such support is not to be disposed. The market’s progress was no doubt inter ! rupted by the liquidation that occurred In the Reading shares. The segregation ! plans have been published only in bare outline. There are not sufficient facts upon which to base a definite opinion, but it is quite evident that the plan has been a disappointment to stockholders. The oil stocks have been In favor again, which is a little surprising considering the declining tendency in the price of both crude and refined oil and the same may be said of the uteel shares. We are, however, approaching the time when it Is customary for commercial interest to look more cheerfully upon conditions and the future, and this is what is responsible for what is generally termed as the spring rise. The market acts as though the rise is coming, and may be materially accelerated by the change of administration at Washington. TWENTY STOCKS AVERAGE. NEW YORK, Feb. 16.—-Twenty industrial stocks averaged 76.90, up .49 per cent. Twenty active rall3 averaged 73.06, off .53 per cent. CLEARING HOUSE STATEMENT. NEW YORK, Feb. 16.—Clearing honse statement: Exchanges, $737,002,740; balances, $77,587,773: Federal Reserve Bank credit balances, $39,010,844.

Money and Exchange

Indianapolis bank clearings today were 1 $2,352,000 against $2,250,000 a week ago. NEW YORK, Feb. 16.—Demand Sterling made another high record at the opening of the foreign exchange market today, moving up to $3 92 Other ex changes were also strong. Franc cables were 7.4!)c; cheeks, 7,48 c. Lire cab'es. 8.72 c; checks. 3.71 c. Guilder cables, 3.46 c: : cheeks, 345 c; Belgian cables, 7.52 c; checks, ".Sic. Marks, 1.75 c. NEW YORK CALL MONEY. NEW YORK, Feb. 15.—Money—Call money ruled 7 per cent; high, 7 per cent; . low, 7 per cent; time rates, steady, all 7% per cent; time mercantile paper, steady. Sterling exchange was strong, with business In bankers' bills at $3.91% for demand. MOTOR SECURITIES. (By Thomson & McKinnon) —Feb. Ift——Opening 1 Bid. A>>k. Briscoe 13 15 Chalmers, com .1 l lit, ; Packard, com 10% 10% I’ k rd. pfd 76 77 Chevrolet 150 400 Peerless 24 Continental Motors, c0m.... 6% 7 i Continental Motors, pfd.... 90 95 Hupp, com 13 13% | Hupp, pfd 90 95 Reo Motor Car 21% 22 Elgin Motors 5 6 Grant Motors 3% 3% Ford of Canada 240 250 United Motors 35 65 National Motors 4 6 Federal Truck 20 22% Paige Motors .. „ 17% 18 Republic Truck 21 22 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —Feb. 16— —OpeningBid. Ask. Anglo-American Oil 18% 18% Atlantic Refining 980 10’0 Borne-Scrvraser . 390 410 Buckeye Pipe Line 83 85 Chesebrough Mfg. Cons 185 200 Chesebrough Mfg. Cons. pfd. 100 105 Continental Oil, Colorado... 110 115 Cosden Oil and Gas 5% 6 Crescent Pipe Line 31 ’ 33 Cumberland Pipe Line 130 140 Elk Basin Pete 7% 8 Eureka Pipe Line :. 97 102 Galena-Signal Oil, pref. new 94 . 98 Galena-Signal Oil, com 43 46 Illinois Pipe Line 165 170 Indiana Pipe Line 84 87 Merritt Oil 12 12% Midwest Oil 1 1% Midwest Itfg 137 139 National Transit 27 29 Kew York Transit 15% 16% Northern Pipe Line 95 98 Ohio Oil 2*4 288 Nenn.-Mex... i, 33 36 Prairie OH and Gas 495 505 Prairie Pipe Line 195 205 Sapulpa Refg 4% 4% Solar Refining 380 390 Southern Pipe Line 105 112 South Penn OH 236 240 Southwest Penn Pipe Lines. 70 73 Standard OH Cos. of Col 30> 305 Standard Oil Cos. of Tnd 69% 69% Standard Oil Cos. of Kan 600 615 Standard Oil Cos. of Ivy 40ft 420 Standard Oil Cos. of Neb 395 405 Standard Oil Cos. of N. Y 350 355 Standard Oil Cos. of 0hi0.... 350 370 Swan & Finch 45 55 Union Tank Line 108 112 Vacuum Oil 315 325 Washington Oil 28 32 NEW YORK METAL MARKET. NEW YORK, Feb. 15.—Copper—Dull; spot and February, 13%c; March and April, offered 1.3%c. Lead—Easy; spot, February, March and April, offered 4.70 c. Spelter—Dull; spot and Februarv. offered sc; March and April, offered 5-ldc. NEW YORK WOOL MARKET. NEW YORK, Feb. 10.—The wool market was steady yesterday. Prices were quoted as follows: Domestic fleece, XX Ohio, per lb, 24@45c; domestic pulled, scoured basis, per lb, 18(&60c: Texas domestic, scoured basis, per lb, 4U@7sc. NEW YORK PETROLEUM. NEW YORK, Feb. 16.—The petroleum market was easier today, Pennsylvania crude petroleum f-elltng at $3.75, 50 cents lower than on the Tuesday market. NEW YORK RAW SUGAR. NEW YORK. Feb. 10.—The raw sugar U'enrrlfugall market was active; Cubas, per lb„ 5 77c, duty paid; Porto Rictos, per lb„ 5.77 c, delivered. NEW YORK HIDE MARKET. KEW YORK. Feb. 16.—The hide market wfca dull here today} native steers, 13015 c; branded scaara, Ha

N. Y. Stock Prices

—Feb. 15— Prev. High. Low. Close. Close. : Aiax Rubber... 36 33 % 34% | Alaska Gold 1% 1% 1% 1% : Allls-Chalmers.. 37 35% 37 35% j Am. Agrlcultur. 55 55 55 54% j Am. Beet Sugar 50 49 49 48% Am. Bosch Mag. 56% 55 55% 55 Am. Car A Fdy.l24 123% 124 124 Amn. Can 30% 30 30 % 30% Am. H. AL. com. 9% 9% 9% 9% Am. H. &L. pfd 45% 45% 45% 45 ; fs Amn. Drugv^.... 7 7 7 Am. Inter Corp. 47% 46% 47% 65 Am. Linseed.... 56% 53% 53% 56% Ain. Loco 86% 84% 86% Sl% Am. Sm<\ & Ref. 44 43% 43 43% Ain. Sugar Ref. 94% 93% 93% 93% Am. Sum. Tob. 80 79 79% 80 Am. Steel Fdy. 30% SO 30% 30 Am. Te\ & Tei.loO% 100 100 100% Am. Tobacco... 119% 119% 119% 119% Am. W001en.... 68% 68 65% 68 Associated Ore. 98% 98% 98% 98% Anaconda Min. 89% 393% 39% 39% Atchison 81% 81% 81% 82% Atl. Gif. &W.I. 66 64 % 65% 65 Baldwin L0c0.."92% 90 % 92 92% 11. & 0 24 33 33% 34 1 Beth. Steel IB) 55% 67% 58% 57% j Brk. Rap. Tran 13% 13 13 13 | Can. Pac. Ry.,.117% 116% 117% 116% ' Central Leather 40% 49% 49% 40% i Candler Motors. 74 72 74 72 jC. & O 59 58% 59 59 |C., M. k St. P-. 28 26% 27% 27 : C., M. & St. P. pf 42% 42 42% 42% Chicago &N. W. 07% 67% 67% 07% C., R. 1 & P... 20% CO% 26% 26% U..R.1.& P 6 pcpf 62 62 62 62% Chili Copper.... 12% 12 12% 12% Chino Copper.... 23% 22% 23% 22% | Coca Coia 22% 22% 22% 22% i Col. F. A Iron.. 28% 28% 28% 28 i Oolum. Gas 60% 60% 60% 60% ; Colum. Graph.. 10% 10% 10% 10% ! Cant. Candy Cos.. 1% 1 1% 1% | Com Prods 72% 71% 72% 72% 1 Crucible Steel.. 97% 95 96% 96% Cub. Am. Sug.. 32 31% 32 31% Cub.Caue Sug... 25% 25% 2.5% 25% Dome Mine 16% 15% 16% 15% Endicott 63 61% 02% 62% Erie 13% 13% 13% 13% Erie Ist. pfd.... 20 20 20 Cam. Players.... 66 64 % 65 65% Fisk Rub. C 0... 14% 14% 14% 14% Gib. Asphclt.... 69% 68 69% 67% \ Gtn. Cigars 60% 59% 00% .... Gen. Electric ...131% 128% 131 128% ! Gen. Motors 14% 14% 14% 14% Goodrich 40 39% 89% 39% (J. Nor. pfd 76% 73% 75% 76 G. Nor. Ore 29% 29% 29% 29% G. States Steel.. 32% 32% 32% 31 % Houston Oil 73 72% 72% 73 Inspira. Copper. 35% 85% 33% 3(l_ Interboro Corp.. 5% 5 5 4% Inter. Harvest... 98 97 98 95 Inter. Nickel 15% 15% 13% 13% Imer. Paper.... 60 59% .59% 59 Invin. Oil 22% 22% 22% 22% K. C. South.... 19% 19% 19% 19% K-SfleU Tire.... 46% 46% 46% 46% KeKnn. Copper.. 19% 19% 19% 19% Luck. Steel 55% 65 55% 54% Lehigh Valley... 52% 51% 31 % 52% Leows, Inc 17% 17% 17% 17% Marine, com. .. 15 14% 15 15 Marine, pfd. ... 53% 53 53% 53% Max. Motor, com 5% 5% 5% .... Mex. Petdoleum. 163% 161 162% 163 Miami Copper .. 18% 1854 I*% 18% Mid. States Oil. 13% 13% 13% 13% Midvale steel ..31% 31% 31% 31% M„ K. A T 2% 2% 2% 2% Missouri Pac. .. iS% 18% 18% 18% Nat. En. A Stp.. 65 6l\ 65 66 Nev. Con. Cop. .12 11% 11% 11% New Haven 20% 19% 20 10% N. Y. Central .. 71% 71 71% 72 Norfolk A W. .. 99 99 99 99% Nor. Pac 84 83% 83% 83% Okla P. A Ref.. 3% 3% 3% 3% Pacific Oil 31% 30% 31 31% I'an. Am. Petrol. 77% 70% 77 77 I’enn. Ry 40% 40% 40% 40% People’s Gas ... 39% 35% 38% 30 Pierce-Arrow .. 20% 25% 26% 25% Pierce Oil C 0.... 11 10% 10% 10% Pittsburgh Coal. 60 60 60 00% Pressed Stl. Car 95% 93 95 % 94 Pull. Pal. Car... 106% 106% 106% 108 •Pure Oil 34% 33% 33% 35% Ray Copper 14 13% 13% 13% Reading 79% 75% 76% So Rep. Iron A StS. 67% 66% 67% 66% Replogle Steel . 32% 31% 31% Ryl. Dtoh.. N. Y. 63% 02 * 62% 62 Sears-Roebuek . Rs% 87% SB% 87 Sinclair 24% 23Ti 041: 041,/ Sloss-Sheffield .52 52 52 * 51 Southern Pac... 70% 78% 7*.% 75% Southern Ry 22 21% 21% 22 Stand. OiI.N.J. ..152% 152% 15015 214 Stl. AS.F. com.. 21 20% 21 8 21% Strom. Carb 39 37% 39 Studebaker 79% 57% 59 "fig” Texas Cos 43% 43 43% 43% lex. A Pac 23% 22% 22% 23% Tobacco Prod... 55 55 55 54 Transcont. Oil.. 9% 9 9 91* Union Oil 22% 22 22 22 Union P*c 120% 119% 120% 119% United R. Stores 56% 56% 50% 50iU. S. Food Prod. 23% 23% 23% 23% United Fruit Cos. 107 % 106% 107% 107 : * U. S. Industrial. 69% 69 09% 9 U. S Rubber 70% 70 70% 70% U. S. Steel 84% 83% .B}% 83% U. S. Steel pfd..110% 110% 110% liou, Utah Copper 55% 55% 55% 55% Vanadium Steel. 37% 36% 37 30% Vlr.-Car. Chem.. 38% 38% 35% 3s 'Vabash 8 8 8 7% Wabash Ist pfd. 20% 20 20 20% W. Maryland 10 10 Irt 10% West. Union SS% 88% 88% 88% West’h'se Elec.. 45% 45 45% 44% White Motors... 40 39% 39% 39 Willys-Overl'd . 8 7% 8 7% Worth. Pump .. 51 49% 50%

NEW YORK LIBERTY BONDS. —Feb. 15— Prev High. Low. Close, close L. B. 3%s 91.20 91.04 91.04 91.20 L. B. Ist 4s 87.30 .... L. B. 2d 4s 87.00 80.74 86.90 86.70 L. B. Ist 4%5. . 87.36 87 10 87.20 87 30 1L.8.2d 4% s ■.. 86.98 86.76 80.86 86.80 L. B. 3d 4%5... 91.18 90.08 90 14 90 14 I. B. 4th 4%5.. 87.20 86.95 57.02 87.18 Victory 3%s ... 97.26 97.22 9722 97 22 Victory 4%5.... 97 28 97.22 97.22 97.22 NEW YORK CURB. (By Thomson & McKinnon.) —Feb. 15— Closing— Bid. Ask. Curtis Aero com 3 6 Curtis Aero pfd 9 13 Texas Chief ... 7 13 First National Copper % 1 Goldfield Con 7 9 Havana Tobacco 1 1% Havana Tobacco pfd 1 4 Cent. Teresa 2% 3% Jumbo Extension 5 7 International Petroleum.... 13% 10 Nipissing 8 8% Indian Pkg 3% 4 Rojal Baking Powder 113 116 Royal Baking Powder pfd.. 81 84 Standard Motors 7 8 Salt Creek 9% 9% Honopah Extension I*l6 19-16 i Tonopah Mining 1% 91-16 United P S new 1% 1% U. S. Light and Heat 1 1% U. S. Light and Heat pfd.. % 1% Wright Mattin 4 0 World Film 1-10 3-10 Yukon Gold Min Cos 1 1 Jerome 1 1-16 1 3-16 New Cornelia 18 18 United Verde 26 28 Sequoyah 516 7-1 G Omar Oil 2% 2% Republic Tire 1 1% CHICAGO STOCKS. (By Thomson & McKinnon; —Feb. 15Open. High Low. Close. Armour, pfd. .. 92% 92% 92% 92% Carb. & Carbon. 57 57 52% 53% Libby 12 12% 12 12% Mont.-Fard 18 18% 17% 18% Nat. Leather .. 8% 8% 8% 8% Sears-Roebuek . 87% 88% 87% 88% Stewart-Warner 34% 34% 32% 35% Swift & Cos. ...104 Swift Inter 174 Arm. Leather .. 12% Reo Motors .... 22 NEW YORK PRODUCE. NEW YORK, Feb. 16.—The live poultry market was active yesterday: chickens. per lb, 32@50c; fowls, per lb., 83@ S7c; turkeys, per lb, 48<a30c; roosters, per lb., 22c; ducks, per lb., 45@48e; geese, per lb., 28(g32c. The dressed poultry market xvas quiet; chickens, per lb., 28® 5Gc; fowls, per lb., 26<g40c; turkeys, per lb., 56® 62c; ducks, per lb., 30® 41c; geese, per lb., 26®;;6c. The butter inar ket was active and firmer: creamery extras. 45(it47%c; creamery firsts. 39@45%c; creamery, higher scoring 45®45%c; State, dairy tubs, 28<0,44c. Eggs were unsettled ; nearby white, fancy, per do*., 55®3fir; nearby brown, fancy, 45@46c; extra, 44c; firsts, 40®42c. CHICAGO PRODUCE, CHICAGO, Feb. 16.—Butter—Creamery extra*. 45%e; creamery firsts, 45c; firsts, 37@43%c; seconds, 25@35c. Eggs—Ordinaries. 28%29c; firsts, 31%®1320. Cheese Twins, 23c: Young Americas, 25%c. Live poultry—Fowls, 31c; ducks, 36c; geese, 24c; spring chickens, 81c; turkeys, 43c; roosters, 22c. Potatoes—Receipts. 33 cars; Wisconsin end. Minnesota, [email protected] per bnshei

HOG MARKET HOLDS FIRM Favorable Weather Conditions Cause Slack in Cattle Trade. RANGE OF lIOG PRICES. Good Good Good Feb. Mixed. Heavy Light. 10. $9.15@ 9.40 $9.40@ 9.00 $9.50@ 9.8d 11. [email protected] 5.750 9.26 9.75010.25 12. 9 50010.00 8.750 9.25 10.00011).oO 14. 9.60010.25 [email protected] 10.2501 >.60 15. 9.50® 9.75 9.00® 9.50 10.15010.30 16. 9.50® 9.75 9.00® 9.50 10.25®10.50 Hog prices were generally steady at the opening of the local livestock exchange today, with a fair demand by both the local packers and the shippers with Eastern honse connections and receipts close to 13,009 fresh hogs. There was a good clearance for the market of the day before and a good clearance was looked for today. . With approximately 1,200 fresh cattle on the market and a number of stale cattle in the pens, a drnggy tone set in early and before the close of the early forenoon hours prices were generally -a to 50 cents lower on most grades ox cattle. . , , Bulls were about the only class of cattle that were fully steady, while steers were barely steady generally and a shade weaker in some cases. Good cows and heifers were fully 25 cents lower, while some of the poorer cattle of those grades were 50 cents lower, fanners and cutters were 25 cents lower. ..... Local packers bought but little due to reports from the East that tn beef trade has slackened on account or the favorable weather conditions that have prevailed during the past few days. ' There was an active and strong tone to the calf market at the opening, but towards the closing hour the trend was towards lower prices. . f Generally, however, prices were about steadv with the opening prices of the Tuesdav market. The bulk of the chins calves ’brought $13(313.50, while ~ ht were a few odd sales at sl4 calves were the only exception to the steady prices. On a poor deumid, this crnde was close t> SO cents With close to 250 sheep anil lambs on the market, prices were about steady. There were no good lambs on the market. HOGS. Eest light hogs, 100 to 200 lbs. 2u07o rn 3lO lbs. average q-? Over 300 lbs. fsg Best pigs, under HO lbs u-^ioAo Bulk of sales 9.50(^10.00 CATTLE. Prime cornfed steers, 1.3'10 lbs. and up 8-* o ® 9 - 25 Good to choice steers, 1,200 to 1.300 lbs S 0Ct( 8 S - j 0 Good to choice steers, 1,100 to 1,200 lbs 1.20<!h 8 00 Medium steers, 1,000 to 1,100 lbs "5@ 1-75 Common to medium steers, 800 to 1,009 lbs 3.20@ 6-0 —Heifers and Cows— Good to choice heifers ....... 5.50@ i._>o Medium heifers U<(o'<B 5 <5 Common to medium heifers . 4 00(3 .> 00 Good to choice cows 3.75® 4.75 Fair to medium cows 3.00® 4 ,i0 Cutters 8.25(3 4.00 Canners 2.50(3 39)0 —Bulls— Good t<> choice butcher bulls 5.00(Q; 0.00 Bologna bulls 5.00® 5.50 Light common bulls 4.00® S.UU —Calves — Choice veals [email protected] Good veals 32 006(13.00 Medium veals 9.00® 1| DO Lightweight veals 6.00® 7.00 Common heavyweight calves.. 4.00® 8.00 —Stockers and feeders — Good to choice steers, under 800 lbs 7.09® 800 Medium cows 4.50® 5.00 Good cows 5.00® 5.50 Good heifers 5.50® 6.00 j Medium to good heifers 5.00*1, 600 Good milkers [email protected] Stock calves. 250 to 470 lbs.. 5.00® 8.00 81IEEP AND LAMBS. Good to choice sheep 2 00® 2.75 Fnlr to common 1.508/ 2.00 Bucks 2.00® 2.5n Cull sheep I.oo® LSO Lambs Common to choice yearlings. 4 50% 550 Spring lambs 6.(X>@ 7.75

Other Livestock

CHICAGO, Feb. 18.—Hogs Receipts, 20.i'00; market 10®2.5c lower; bulk. $W(j/ 975; buti-hers, s!)'>.<o.3o; packers $7 s.s® 8 75: lights. $9.60® 10.20: pigs. s9® 10.10: roughs, $7.50® 7XV Cattle Receipts, 6.000; market 2e higher; beeves. $7.50® 10 65; butchers $5®U; canners and cutters, s2.7>(J'® 5; stockera and feeders. $.5.50 Ot 9.73; cows $40(7.50; calves. s9®l2. Sheep- Receipts, 17 "OO; market steady; iambs, $5.50®.8.75; ewes, $2®4.85. CINCINNATI, Feb. 16 Hogs ID.ceipts, 6.000; market weak to 25c lower; heavy hops. s9® 10; mlxe I and medium*. $’.0.25® 10.50, lights, $1073; pigs, $10; roughs. $7.25; stags, $6. Cattle Receipts. 600; market slow and weak; bulls steady; calves, s'2.so® 13. Sheep and lambs Re cdpts, 250; market weak and lower; cheep, $1®4.50; lambs, $5®9.25. CLEVELAND, Feb. 10. Hogs Receipts, 3.500; market 15c lower; york-rs, $lO 75; mixed. $10.73; medium, $5; pigs, $11; roughs, $7; stags, $5. Cattle -Receipts, 300; market active. Sheep and lambs —Receipts. 1,000; market low; top. $9. Calves —Receipts, 330; market steadv; top, sls. I ITTSBURGH Feb. 15. Receipts light; market steady; choDe, $9.25®9.50; good. $8.75®9; fair. $7.50®8; veal calves, $14.50® If). Sheep and lambs Receipts, light: market slow; prime wethers, $a.25 @3.50; good, $4.75<g5.25; mixed fair, s4® 4.75; spring lambs. $8.75(39. Hogs—Receipts, 10 doubles; market higher; prime heavier, $9.5<)@10; mediums and heavy roi kers. JJI [email protected]; light Yorkers, $11.50 @11.65; pigs, [email protected]; roughs, s7® 8.25; stags, $5(35.73. EAST ST. LOUIS, Feb. 16.—Cattle— Re celpts, 2,500; market, strong; native beef steers, [email protected]; yearling beef steers and heifers. s9® 10; cows, $6.25®0.50; Stockers and fei*ders, [email protected]; calves, sl2® 12.25; canners und cutters, $4.50®4.75. Hogs—Receipts, 19,500; market, steady; mixed and butchers, s9® 10.45; good heavies, $9.25®9..50; rough heavies, $7.75® 8; lights, $10.25® 10 50; pigs, $9.75® 10.25; bulk 6f sales, $10.15®10.43. Slump- Receipts, 2,000: market, steady; mutton ewes, $4.25®4.73; lambs, [email protected]; canners and eotters, $1.50(3350. EAST BUFFALO, Feb. 16.—Cattle- Receipts, 225; market, active, fair; shipping steers, $8.25@9; butcher grades, s7@b 25; cows, $2.50@0 50. Calves—Receipts, 30*); market, active, 50c up; culls, choice, $5 @15.50. Sheep and lambs—Receipts, 344*1; market, slow, steady; choice lambs, $8.50 @9; culls, fair, so.so@S; yearlings, so@7; sheep, [email protected]. Hog* - -Receipts, 2,400; market, active, steady; Yorkers, $11.25® 11.50; pigs. $11.25; mixed. $10.25®U.25; heavies. [email protected]; roughs, $7.25®7.30; stags, $5.50®.6.

In the Cotton Market

NEW YORK, Feb. 36.—The cotton market was Irregular at the start today, at 12 points advance to 17 points decline. Spot houses were the principal sellers at the opening while Wall street and commission and wire houses were fair buyers Liverpool sold. There was considerable selling for profit by recent purchasers, but this was soon absorbed and the list held steady later on the basis of 14.50 e for May. Private messages again reported better business at Manchester. Continued strength in foreign exchange was one of the bullish influences. New York cotton opening: March, 13.95 c; May, 14.4Rc; July. 14.80 c; August, 14.95; October, 15.15 c; December, 15.28 c; January, 15.22 c. LIVERPOOL, Feb. 16. —Spot cotton was In moderate demand <nlsy with prices firm and sales close to 5.000 bales. American middlings fair, 12.17d; good middlings, O.STd ; full middlings, 9.37d; middlings, 8.52d; low middlings, 7.37d; good ordinary, 5.57d ; ridinary, 1.87d. Futures opened steady. WHOLESALE BEEF PRICES. The following are today's wholesale market prices for tjeef ci ts as sold by the Indianapolis markets: Ribs—No. 2. 29c; No, 8,20 c. Loins— No. 2. 25c; No. 3.18 c. Ruanda—No. 2, 24c No. 3.18 c. Chucks—No. 2,12 c: No. I, 10a. Plate#— No a. 12c; No. 9. 10c.

INDIANA DAILY TIMES, WEDNESDAY, FEBRUARY 16,1921.

SLUMP HITS GRAIN PRICES Free Selling Said to Be Factor in Lower Prices. CHICAGO, Feb. 16.—Prices were lower on the Chicago Board of Trade today as the result of free selling. Colder weather prevailed over the grain belt, although no heavy snow was reported. Receipts were heavy. Provisions were lower. March wheat opened at $1.73, off 2%c, and dropped l%c later. May wheat opened down %c at $1.04%, losing an additional 2%c before the close. May corn opened off %e nt 72%c, and lost l%c subsequently’. July corn, opening at 74%c, was down %c, dropping l%e later. May oats opened down %c at 46%e, losing %c before the dose.: July outs opened at 4tt%c, off %c, and dropped an additional %c in later trading. (By Thomscon A McKinnon.) —Feb. 16Wheat—Possibility of damage to the growing crop of wheat is of more than usual importance because of the close adjustment of supplies the world over, especially in the United States. Because of the-small margin of safety, news which ordinarily would advance prices 10c to 15c might easily add 25c, soe or 75c to values. It seems to us a little premature to accept prospective damage as a probability. The best recognized crop authority admits the presence of green bugs In the Southwest in iarge quantities anil earlier than usual, but stresses the fact that the outcome depends upon the weather. Damage, ft uuy, will be more probable if dry and hot. Outside of the question of crop damage, developments in the question or available supplies and llour demand suggest that the advance is alittle too rapid. Farmers in the Southwest are marketing wueat with more freedom. Premiums for cash "heat are inclined to drag and the flour trade is not yet brisk. We believe there is sufficient merit in the underlying supply and demand condition to bring about higher prices a some time in tae future, but we are Inclined to urge caution In buying on advances which are bused upon crop outlook. Coarse Grains—The early markets were featured by a very slow demand, but the strength in wheat broadened the inquiry not only for deferred deliveries, but in the cash markets. There were late adviees indicating a slight increase in the offerings from the country. Inasmuch as there were little if any improvement in the distributing demand, we believe the advance in both corn and oats has gone far enough for the time being, but it is evident that (he previous arguments sot the lower prices have had due consideration and lost their effect. I’rovlslong—Strength in hogs and grains was the factor In the provision market. The winter movement of hogs should begin to wane, in which event values will probably show firmness. CHICAGO GRAIN TABLE. —Feb. 16WHEAT— Open. High. Low. Close. Mar. ... 173 1 74% 1.70% 1.71% Mai- ... 1.64% 1.65% 1.60% 1.61% C< i K N May ... .72% .72% .71% .71% July ... .74% 74% .73 .71% OATS— May ... .46% .40% .45% .46 Jtilv ... .46% .47% .40* .40% PORK— May ... 21.65 21.00 21.50 21.50 LARD— May ... 12 46 12 45 12 27 12 45 July ... 12.77 12.77 12.60 12.02 RIBS— May ... 11 50 11.55 11.30 11.32 July ... 11.85 11.85 11.07 11.67 RYE May ... 1.40% 147 145 1.45% July ... 120% 1.30 1.28 1.29% CHICAGO CASH GRAIN. CHICAGO, Fete 10. -Wheat No. 1 red. $2 01%; No. 1 Northern spring Si S3, No. 2 Northern spring, $1.76; No. 3 spring, $1.66%. Corn No. 2 yellow, 70%<:; No. 3 white, 079(67%c; No. 3 yellow, 67%@ 69c; No. 4 white, 644%e; No. i yellow, 63%<3644%C. Oats- No. 2 white, 46® 4C%c; No. 3 white, 44%@45%f1. TOLEDO CASH GRAIN. TOLEDO, Feb. 16. Wheat- -Cash and March. $1.94; May, sl*4. Corn No. 2. 73% c. iuis—No. 2 white. 47%(q48%e. Rye—No. 2, $1.(30. Barley No. 2, 7iic. Cloverseod —Cash (1920), February and March. $11; April. $9.75; October, $lO 50. Timothy- Cash (1918), $2.80; cash (1919), $2.90: cash (1920), February. Mar l) April find May. $3; September. $3.35, Aislko Cash (new), $15.74); Mur h, $13.50.

INDIANAPOLIS CASH DRAIN. —Feb. 10— P.ids for car lots of grain and hay at the call of ftbe Indlauapolls Hoard of Trade were: Wheat Firm; No 2 red. $2. Corn Stfntig; No. 3 white, 72<373e; No. 4 yellow, 67'4i68c; No. 5 yellow. Gsij67ci; No. 4 mixed, G6@67c; No. 5 mixed, 64'if 66c. | <iats Firm: No 2 white, 4T'rt47'-;C. ! Ilav Weak; No 1 timothy. No 2 timothy, $21*421.50; No. 1 light clover, sJo.sofg2l; No. 1 clover hay, slßhi 19 —lnspections—- | Wheat —No. 2 red, l car; No. 5 re.d. 1 | i.ar; No. 2 mixed, 1 .nr; No. 2 dark north- ' ern spring, 1 car; sample, 1 car; total, | A cars. j Corn —No. 2 white, 1 car; No. 3 white, ] 1 car; No. 4 white, l car; No. 4 yellow, i 6 cars; No. 5 yellow, 2 cars: No. 4 mixed, i 2 curs; eiir, 1 car; total, 14 oars. ! <>ats No. 2 white, 7 cars. Hay No. 1 timothy, 2 cars; No. 3 timothy, 1 car; total, 3 cars. INDIANAPOLIS CASH GRAIN. Fell. 15— i Bids for car lo‘s of grain nnd hnv at j the call of the Indianapolis Board of Trade were: ! Wheat—No sales. I Corn Strong; No. 3 white, 71!fi72c; No. ;4 white, G7frtKße; No. 5 w hite, 65(Jf6€e ; No. 1 4 yellow 64 laf(ftS6c; No. 5 yellow, 03'qo.v ; ; No. 3 mixed, 66*4680; No. 4 mixed, 04 *£ CCc; No. 3 mixed, 6-’/j®L64e. Oats - Strong; No. 2 white, 47(&47V6c; No. 3 white, 40(0 47c. Hay—Weak; No. 3 timothy, $21.50*322; No. 2 timothy, $21'g21.50; No. 1 llgiit cio ver, $20.56(821; No. 1 (lover hay, $LShj 19. ' —lnspections - Corn —No. 3 white, l car; No. 4 yellow, 2 cars; No. 3 yellow, 5 cars; No. 3 mixed’ 1 ear; No. 5 mixed, 1 oar; total, 10 cars. Oats—No. 2 white, 7 cara; No. 3 white, 1 car; total, 8 cars Hay—Standard timothy, 2 cars; No. 2 timothy, 1 car; No. 3 timothy, 1 car; total, 4 cars. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load: Hay—Loose timothy, new, s2lffj;22; mixed hay, new, $19(821 ; baled, $23(824. Oats—Bushel, new, 45(348c. Corn —New, 65@70e per bushel. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying SI.BO for No. 1 red winter wheat, $1.77 for No. 2 red and $1.72 for No. 3 red. INDIANAPOLIS PRODUCE. Eggs Fresh, loss off, 36c. Poultry—Fowls, 27@28c; springers, 270 ; cooks, 360: stags, 10c; old tom turkeys, 37c; young tom turkeys, 12 lbs and up, 42c; capons, 7 lbs and up, 42c; young hen turkeys, 8 lbs and up, 4'2c; cull, thin turkeys not wanted, old tom turkeys 37c; ducks, 4 lbs and up, 250; ducks, under 4 lbs, ‘2oc; geese, 30 IDs and up, 20c; squabs, 11 lbs to dozen, $7; guineas. 9 lb size, per doz, sti. Butter—Buyers aml paying 46*f47c; for creamery butter delivered at Indianapolis. Butterfnt—Buyers are paying 42c for cream delivered at Indianapolis. WHOLESALE FEED PRICKS. Ton Cwt. Acme bran $32 00 $1.65 Acme feed 32.00 1.05 Acme mtddg 34.00 1.75 Acme dairy feed 44.00 2.25 E-Z dairy feed 84.25 1.75 Acme H. and H 34.75 1.75 Acme stock feed... 29.25 3.50 Cracked corn 33.50 1 70 Acme chick feed 42.25 2.15 Acme scratch 39.25 2.00 E-Z scratch 30.75 1 no Acme dry mash 46.00 2.35 Acme hog feed 43 23 2 20 Bound barley 40 00 2.05 Homlik yellow 32.30 1.65 Rolled barley 40.00 2.05 Alfalfa moll 39.00 2.00 Cottonseed in.'al 41.00 2.10 Linseed oil meal 51.00 2.60 Acme chick mat h 49.00 2.50 —Flour and Corn Meal— Baker's E-Z bake flour, 98-lb. cotton bags $10.85 Corn mcaL cotton bag 2.00

Local Stock Exchange

—Feb. 16STOCKS. Bid. Ask. Indiana Ry. & Light Cos. com 60 ... Indiana Ity. & Light Cos. pfd. 84 86 Indpls. A N. W. pfd 75 Indpls. A S. K ufd 75 Indpls. St. Ry 56% 60 T. li. T. A L. Cos. pfd 69% ••• T. 11., I. A E. com 2 T. H., I. A E. pfd 10 U. T. of Ind. com U. T. of Ind. pfd 6% 16 U. T. of Ind. 2d pfd 2 Advance-Rumely Cos. com ... 18 Advnuce-Rumely Cos. pfd 50 ... Am. Central Life 235 Am. Creosoting Cos. pfd 93 Belt It. R. com 62 60 Belt R. it. pfd 45 55 Century Bldg. Cos. pfd 93% ... Citizens Gas Cos 31 35 $ Dodge Mfg. Cos. pfd 91% ... Home Brewing 55 ... Indiana Hotel coin 71 Indiana Hotel pfd 94 Nnd. Natl. Life Ins. Cos 4% ... Ind. Title Guaranty 59 64 Indpls. Abattoir pfd 45 50 Indpls. Gas 45 50 Indpls. Tel, Cos. com 6 "... Indpls. Tel. Cos. pfd $9 Mer. Bub. Util. Cos. pfd 40% 50 Natl. Motor Car Cos 5 8 Bub. Sav. Ins. Cos 2% ... Itauh Fertilizer pfd 45 ... Stand. Oil of Indiana 67 ... Sterling Fire Ins. Cos 7% 9 Van Camp Hdw. pfd 90 100 Van Camp Back, pfd 93 100 Van Camp Brods. Ist pfd.... 92 101 Van Camp Brods. 2d pfd 92 ... Wind alia Coal Cos. com 5 'andalia Coal Cos. pfd 10 Wabash Ity. pfd 19% ... Wabash Ity. com 7% ... BANKS AND TItIST COMPANIES. Aetna Trust Cos 100 ... Bankers Trust Cos 118 ... City Trust Cos 85 Com. Natl. Bank 65 ... Cont. Natl. Bank 112 ... Farmers Trust Cos 200 ... Fidelity Trust Cos 124% ... Fletcher Am. Natl. Bank 230 255 Fletcher Sav. A Trust Cos 160 Indiana Natl. Bank 205 285 Indiana Trust Cos 175 19) Live Stock Exchange Bunk... 385 ... .Merchants Natl. Bunk 280 Natl. City Bank lit) 118 People’s State Balk 187 Security Tiust Cos 122 ... The State Sav. A Trust C 0... 89% 94 Union ’trust Cos 235 255 "riah. Bank A Trust 150 BONDS. Bmad Ripple 5s . 63 09 Citizens St. 11. It. 5h 70% ... Il diun Creek Coal A Min. 6s. 92 Indpls., Col. A So. 5s 88 Indpls. A Martinsville 5s 55% ... Indpls. Northern 5s 42% 48 Indpls. A N. W. 5s 53 Indpls. A S. E. 5s 45 Indpls., Shin A S. E. 5s 70 indpls. St. Ry. 4s 60 0:;% Indpls. T. A T. 5s 71 75 Kokomo M. A \V. 5s 78 82 T. 11.. I. A E. 5s 52 U. T. of luil. 5s r.i 58 Citizens Cits 5s 75 82% Ind. Hotel Cos. 2d 6s 95 ... Indpls. Gas 5s 73% HO indpls I. A II 5s 75% 83 Indpls. Water 5s 88% 91 Indpls Water 4%s 70 75 Yer H. A 1., ref. 5s 80 91 Nt w 'ls 1. Ist 6a 94 ... New Tel. L. I>. 5s 93% LIBERTY BONDS. First 3%s 91 20 91.40 First 4s 87 10 .... Second -is 8.90 .... First 4% s 87.16 87.26 Second 4%s m)>o 80.90 Third 4%s 90.08 90 2' Fourth 4%s 87.00 87 20 Victory 3%l 97 24 97 50 Victory 4%s 97.24 U7.uo SALES. SI,OOO Liberty first 3%s '<l 91.20 SI,OOO Liberty first 4s V 87.2(1 Sl.oott Liberty first 4s ‘n 87.16 $5 $lO Liberty th rd 4%a r >; 90.10 SS,OVU Liberty third 4%s (it. 90 08

Weather

The following table shows the state of the weather at 7 a. m . Feb. 16. as observed by I tilted States Weather Bureaus: Station. F.ar. Temp. Weather. Indianapolis, Ind., 29,80 60 Cloudy Atlanta. G:i 4(822 4-8 Cloudy Amarillo, l'exas.... 3im)B 3" Be dy Blsmar. k. N I) 29.70 4 Snow Boston, Mass 30.10 30 Clear Chicago, 111. 29 00 5s Cloudy Ciu. innati. iihio.... 29 91 58 Clear Cleveland, Ohio 298-0 74 Clear Denver, Colo 30 08 24 Clear Dodge citv, Kan .. 30 10 26 Clear Helena. Mont So.3H 0 Cloudy Jacksonville, Fla. .. 30 28 54 Clear Kansas (’it), M 0.... 29 96 36 Clear Louisville, Ky 29.98 60 Clear Little Re k. Ark 29 98 62 Cloudy I.oa Angeles, Cal... 30.10 46 (Tear M .! Re. Ala 30.18 68 1 lear New Orleans. Ln iU 18 t>i Clear New lerk, N. Y. .. 30.16 3t Clear Norfolk, Va 30.2$ 4 1 dear Oklahoma < lty .... 3008 44 dear Omaha, Neb 29.88 28 I’tCldy Philadelphia, 30 13 36 Clear Pittsburgh, Pa 3o ; s 58 Clear Portland, Ore 39.32 34 Cloudy Rapid City. s. I) .. 29.88 18 Cloudy Rosebuig. Ore 30 24 30 Clou ly San Antonio. Texas 5M 02 (14 Cloudy San Francisco, Cal. 30.12 44 Biddy St. Louis, Mo 29 74 02 Cloudy Sr. Caul, Minn 29.50 20 (Tear Tampa, Fla. .".0 26 56 Clear Washington, D. C. 30.10 40 Clear WEATHER CONDITIONS. Since Tuesday morning tile xvetrrn storm has mined to (lie laike Superior region, where it is centered this morning. It has caused decidedly higher temperatures in Its front from the Mississippi River eastward, but temperatures are failing rapidly in the rear of the disturbance. The readings In the Ohio 'alley are 30 to 35 degrees above the seasonal normal; and while the drop in the (rans-Misslssippi section ranges from 15 to 30 degrees, temperatures there are, as a rule, still above the seasonal average. Rain and snow have fallen in connection with tile disturbance in tin* middle ond upper Mlssissipp 'alley and in thef northern tier of States, but the amounts generally were light. J. 11. ARRINGTON, Meteorologist, "outlier Bureau. CLEVELAND BRODI CK, CLEVELAND, Feb. 16.—Butter Extra, In tubs, 50%fff 51c; prints, 51%(fi2e; ex ti n firsts, 49 1 ftt,soc: firsts, 49c; seconds, 42(<£43c; packing 13(d.15c; fancy dairy, 30c. Eggs Fresh gathered northern extras. 42c; extra firsts, 41c; Ohio firsts, new cages, 39c; old cases, 380(.'tS%c; Western firsts, new cages, 37c. There, are case let quotations. (A case contains 30 dozen, i Poultry---Live heavy fowls, 35 36c; c ills. 27fq,29c; sow ls 35@36c; culls, 27<ff29r ; roosters. 22(tJ23c; spring ducks, O3B(ft4oc: geese, 25c; spring chickens, choice, 31 St33c.

r<£ NT— v

Life’s Good Things A wife, children and a home are 98% of a happy life. A comfortable house is the best possible environment lor a family. You fathers and mothers who aspire to such a home should watch our Real Estate Want Ads. You may be able to get YOUR home sooner tha you expect, for splendid bargains are frequently advertised there. Raad and Usa tha Wint f® | n lndiana Daily Times

Marriage Licenses George Burkitt, North Carrollton, Mo. 63 Jesse McPherson, 1148 Spruce st 50 Arthur Bennett, 674 N. New Jersey st. 40 Minnie Skelton, 624 E. 22d st 39 Clarence Hedrick, Marion, ind 22 Edith Newell, Logansport, Ind 19 Charley Stone, 319 W. 25th st 30 Hattie Lampkin, 319 W. 25th st 46 Thomas Hawthorne, Terre Haute.... 20 Mary Weir, Terre Haute 20 Otho Moore, 419 Blackford st 27 Jimmie Reeves, 707 West st 27 George Watkins, 255% Indiana ave.... 26 Marjorie Cook, 344 'V'. 16th Place 24 John Martin, 192'9 Columbia ave 22 Ruby Brewer, 1915 E. 23d st 19 Harry Anderson, 1004 Villa av 22 Dorothea Bevins, 1140 W. 21st st 18 Robert Arbuekle, 22 E. 22d st 28 Mary Sherrick, 22 E. 22d st 25 Births Thomas and Carrie Luke, 541 South Capitol, girl. Floyd arid Bernice Liusinger, St. Vincent's Hospital, girl. John and Rosa Kennedy, 335 Douglass, boy. Arthur and Irma Court, 2821 Sangster, girl. William and Margaret Roberts, 1218 Lexington, boy. Arthur and Naomi Barnett, 1212 North West, boy. Adolph and Ada Nelson, 628 Eastern, boy. Samuel and Grace Morrison, 3GSS Graceland, girl. , Stephen and Myrtle Johnson, 3825 Southeastern, girl. Walter and Helen Davis, 439 North Holmes, boy. Conrad and Futh Tlppig, 2836 East Sixteenth, girl. Greene aud Hattie Berry, 633 Patterson, girl. Albert and Lillian Hoyt, 1020 Bellefontaine. boy. Gilbert and Zelma Anuneruian, 2950 Martindale, girl. Leland and Hilda Hutton, 909 North East, buy. Thelbert nnd Pearline Hurt, 423 West Sixteenth Place, boy. , John and Verguna Scholl, 519 Marlon, boy. John and Flora Engleman, 19 North Lansing, girl. , , Michael and Florence Henning, 1011 La Grand, boy. Dallas and Mary Brooke, 5350 College, girl. Fred and Helen Wlshard, St. Vincent Hospital, boy. John and Zona Stark, St. Vincent Hospital, boy. Herman and Marie Vogg, 731 East Twenty-first, boy. Eugene and Maude Realeaux, Methodist Hospital, girl. Anthony and Clara Shaffer, Methodist Hospital, girl. , Joseph and Charlotte Gault, Methodist Hospital, boy. Emerson and Karolyn Harris, Methodist Hospital, boy. Howard and Lorens Augllnbaugh, Methodist Hospital, boy. Clio and Elizabeth Lewis, Methodist Hospital, boy. E rl and Margaret Bullock, Methodist Hospital, boy. ltaynp-ud and Anna McManus, Methodist Hospital, boy. Deaths Elnora Blomterg, 6s, 1508 English, ehvonlc myocarditis , Upward (Haver, 7.8. 750 Woodlawn avenue xptral insufficiency. Nelli- Allene Kemper. 10 months, 4307 Guilford, tubercular meningitis. Francis Emma Kinder. 72, 310 North Randolph, lobar pneumonia. James Walter White, 19. 552 Wist Twenty-Fifth, pulmonary tuberculosis. Joseph M-ney, 65, Long Hospital, general peritonitis. Ada I urr. 50, 403 North Oakland, cerebral hemorrhage. Joel Williams, 02, St. Vincent Hospital, urtorlo sile-oHts. lioin Roberts, 71, 825 Blake, cerebral hemorrhage. BALLARD PURE KETTLE f RENDERED LARD Boiled Ham and Lunch Meats

$24,000,000 Republic of Chile External Loan Twenty-year Sinking Fund 8% Gold Bonds To be dated February 1, 1921 To mature February 1,1941 A Sinking Fund, more ful'y described below, will be created sufficient to retire $1,2^0,000 pr ncipal amount of Bonde per annum at not exceeding 110 % and accrued interest on or before February 1, 1931 and at not exceeding 105 % and accured interest thereafter. If Bonis are net purchased at these prices Sink ng Fund moneys will be used annually to redeem Bonds at such prices by lot. Redeemable as a whole at the option of the Chilean Government, on any Interest date on 60 da>s’ notice, at 110% and accrued interest on or before February 1, 1931, and at 105% and accrued interest thereafter. Interest payable February 1 and August 1. Principal, premium and Interest payable ln United States gold coin of the present Standard of weight and fineness, in New York City at the office of Guaranty Trust Company of New York, without deduction for any Chilean taxes, present or future. Coupon Bonds, registerable as to principal only, ln denominations of SI,OOO and SSOO, not Interchangeable. GUARANTY TRUST COMPANY OF NEW YORK, Sinking Fund Trustee.

In the Loan Contract under which those Bonds are to be issued, the Chilean Government is to covenant that if in the future it shall issue any loan with a lien on any specific revenue or asset, these Bonds shall be secured equally and ratably with such loan. The Chilean Government is to covenant in the Loan Contract to pay to the Sinking Fund Trustee, beginning May 1, 1921, as a Sinking Fund, equal quarterly amounts sufficient to retire each year $1,200,000 principal amount of Bonds at not exceeding 110% and accrued interest if retired on or before February 1, 1931, and at not exceeding

We are receiving subscriptions for the above Bonds, subject to allotment and to the issuance of the Bonds as planned, at 99% AND ACCRUED INTEREST

J. P. Morgan & Cos. The National City Company Harris Trust & Savings Bank Chicago. Dated February 16, 1921.

CAPIAS SERVING ON FOR THURSDAY Defendants Will Be Called Into Federal Court. Deputy United States marshals will begin to serve capiases tomorrow on defendants named in the report of the Federal grand jury made to Judge Anderson Monday, it was announced today. This morning 131 capiases were turned over to Marshal Mark Storen by Noble C. Butler, clerk of the United Stntes District Court, and the work of docketing them began j Immediately. All defendants will bear raigned before Judge Anderson March 7. It 1s believed that the grand Jury will complete its investigation of the coal case this week and will make its report to Judge Anderson on Friday or Saturday.

The Field Is Unlimited — The Future Unmeasured—for the Stevenson Multiple Gear Shaper A machine that will cut a complete gear in the time it takes to cut one tooth by ordinary methods is sure to have a revolutionizing influence in the gear-cutting industry. That is what the Stevenson Multiple Gear Shaper will do. The business has grown so rapidly that it has outgrown its quarters three times in two years and is now prep’iiing to move into its splendid new plant. This company is offering, for a short time, a small amount of stock. If interested, sign and mail the coupon below for copy of prospectus. Stevenson Gear Company 942 Daly St., Indianapolis

MAIL THIS COUPON TODAY STEVENSON GEAR CO., Indianapolis, Ind. Please send me more information regarding this growing concern. NAME ADDRESS 823.

103% and accrued’interest thereafter. In the event that Bonds are not so purchased in amounts sufficient to retire them at the above annual rate, the unexpended balance in the Sinking Fund on December 15th each year is to be applied to the redemption of Bonds on the following February Ist at the current redemption price. The amount of interest accrued on Bonds purchased ( or redeemed is to be paid by the Chilean Government otherwise than out of the Sinking Fund. All Bonds not previously retired by the Sinking Fund are to be paid at maturity at 105% and accrued interest.

Kuhn, Loeb & Cos. Guaranty Company of New York The First National Bank of Boston '

This will complete its work. been under way since Dec. present, although It is almosrffl'pSHlj that ffie jury will be called in A another session to consider matteT^Mflj are not ready for presentation time. Two Men Are Freed ot Rum Charges by Judge John Baker, 726 Haugh street, was discharged ln city court today after Judge Walter Pritchard said he found the evidence not sufficient to convict him of operating a blind tiger. Gus Tom, 634 West Court street, charged with operating a blind tiger, was discharged by Judge Pritchard. Tom was arrested by Sergeant Baker and squad at his home after they found about a quart of white mule in five small bottles. No evidence of sale was found.