Indianapolis Times, Volume 33, Number 251, Indianapolis, Marion County, 28 February 1921 — Page 8
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MOST ISSUES START STEADY Pressure Develops After Initial Hour of Trade. NEW YORK. Feb. 2?.—Tbe stock market showed little change at the opening today, the leading issues selling aroundSaturday's final figures. After the start pressure developed against many stocks. Reading sold up % of a point to 73% and was then forced down to 72. Atlantic, Gulf declined 1% points to 44%. Steel common, selling ex-dlvldend 1% per cent, yielded % of a point to 82*4. Fractional improvement was made by Baldwin at Do and Crucible at 02. Studobaker advanced 1 point to 60 and then fall to 59%. International I’aper continued in demand. selling up % of a point to 57%. Southern Pacific Rights and l’acific Oil were both in brisk demand, the Rights advancing to 17% and Pacific Oil ranged from 31 % to 32%. Chandler was in supply, declining 1% points to 68%. Central Leather yielded 1 point to 38. Mexican Petroleum opened down 1.4 a roint at 157% and rallied to 157%. Invincible Oil was one of the strong features, being actively traded in and advancing % of a point to 22%. The bear element seemed to lose a good deal of their confidence after making a drive at Reading and during the ft st hour seemed to be waiting for an nr>> >-tnnltv. but stocks were in scant supe’y, Reading quickly coming back to 73. • iern Pacific Rights were traded in on a large scale, advancing from 16% to 17%, ami Pacific Oil moved up from 31% to 32%. American Locomotive moved up to 86% and Baldwin Locomotive advanced 1% points to 91%. United States Steel, after opening at 82%, advanced to 82%. St. Paul preferred moved up 1 point to 43 and there was a fair amount of business in Northern Pacific, which ranged from 83*4 to 83%. Sears-Roebuek was again taken as an object of an attack, falling 2% points to 76%, but rallied to above 77. Mexican Petroleum ranged from 157% to 159. (By Thomson & McKinnon.) —Feb. 28— There was renewed pressure at opeitning on a few issues Saturday, otherwise market was uneventful. Weakness that developed in Reading was unaccompanied by any explanatory information. The early selling was credited to foreign interests, but subsequently local traders participated and forced a further decline. The general volume of business was •moderate; the market looked professional, and the commission houses were less active even than on previous dull days. Some observers claim to be able to detect some accumulation of stock, but if it is so there is certainly no visible effect on values, and the only strength results from a moderate amount of short covering such as we had Saturday. We are slmpiv in the midst of a market where the public has lost interest, leaving the market to the mercy of the professional element, who usually try to operate along lines of least resistance. and conditions have favored them in depressing values. As business recovery has been slow, conditions in Europe are very unfavorable. There are, however, some elements in the situation that may result in gome good In the near future. Among these the gradual improvement in the credit situation is of utmost importance. While we see nothing very encouraging at the moment, we continue to feel that we have created a technical situation In the market, which will be mighty helpful the moment there Is least encouragement from business channels. CLEARING HOUSE STATEMENT. NEW YORK, Feb. 2s.—Exchanges. $482 ,868,326; balances, $80,58:5.144; Fedenl Reserve Bank credit balances, $76,114,41L Money and Exchange Indianapolis bank clearings today were $2,513,000, against $2,337,000 a week ago. For the month ending today they were $52,741,000. NEW YORK, Feb. 28 —The foreign exchange market opened dull and irregular today, with Sterling unchanged from Saturday's final at $3.87 for cables and $3 56% for demand. Franc cables were 7.13 c: checks, 7.12 e. Lire were 3.64 c for cables, 3.63%c for checks. Guilders were 3.45 e; checks, 341 c. Belgian cables were 7.44 c; checks, 7.43 c. German marks were 1.59 c. NEW YORK BANK STATEMENT. NEW YORK, Feb. 26. —Average—Loans, decrease. $17,363,000: demand deposit, decrease. $25,140,000; time deposit, decrease, $571,000; reserve, increased. $1,304,510. Actual—Loans, decrease, $2,510.000: demand deposits, decreased $24,233,000; time deposits, increased $3,749,000: reserve, increased $2,618,510 for five days. MOTOR SECURITIES. (By Thomson & McKinnon.) —Feb. 28— —Opening— Bid. Ask. Briscoe 17 18 Chalmers, com 1 1% Packard, com It I'% Packard, pfd 74 76 Chevrolet —. 100 4 • Peerless 24 Continental Motors, com 6 0% Continental Motors, pfd 90 92 Hupp, com 13 13% Hupp, pfd 90 93 lteo Motor Car 22% 22% Elgin Motors 5% G% Grant Motors 33% Ford of Canada 250 200 ■United Motors S3 05 National Motors 4 6 Federal Truck 20 22 Paige Motors 19 20 Republic Truck 20 22 •ACTIVE OIL STOCKS. (By Thomson fc McKinnon.) —Feb. 28— —Opening— Bid Ask An gio-American Oil IS 18% Atlantic Refining 9M> 1030 Borne-Scrymser 380 400 Buckeye Pipe Line 82 84 Che-ebrotigh Mfg. Cons 190 210 Chesebrough Mfg. Cone. pfd. 102 105 Continental Oil, Colorado... 11l 115 Cosden Oil and Gas 6 6% Cv upe Line 133 145 Cumberland Pipe Line 135 145 Elk Basin Pete 7% 8 Eureka Pipe Line 99 96 C-"' >?*‘i-Sisrnal oil Cob 44 46 Illinois Pipe Line 165 170 ■ Indiana Pipe Lino 83 85 Merritt Oii 12% 12% Midwest Oil 1 1% Midwest Rfg 139 , 141 National Transit 26% 28 New York Transit 150 158 Northern Pipe Line 94 98 Ohio Oil 280 285 Penn.-Mex 33 36 Prairie Oil and Gas 487 495 Prairie Pipe Line 198 203 Saplpa Rfg 4% 4% Solar Refining 390 410 Southern Pipe Line 104 100 South Penn. Oil 220 2.30 Southw. Penn Pipe Lines... 67 72 Standard Oil Col of Ca 1.... 300 305 Standard Oil Cos. of ltid.... 69% <B)% Standard Oil Cos. of Kan.. 385 405 Standard Oil Cos. of Ky 410 425 Standard Oil Cos. of Neb... 390 413 Standard Oil Cos. of N. Y... .32.0 340 St .rdard Oil Cos. of Ohio.. Oft) soo Swan A Finch 48 50 Tj.tion Tank Line 106 110 Vacuum Oil 310 315 Washington Oil 27 - 32 NEW TORK METAL MARKET. NEW YORK. Feb. 28 —Copper—Dull; spot. March and May offered, 12%c. Lead —Weak; spot and March offered, 4.05 c; April offered, 4c. Spelter—Hull; spot, Man h and April offered, 4.55 c. NEW YORK RAW SUGAR. NEW YORK, Feb. 28.—The raw sugar market was quiet today. Cubas were quoted at 5.77 c per lb, duty paid, and Porto Ricos at 5.77 c, delivered. NEW YORK REFINED SUGAR. NEW YORK, Feb. 28.—Refined sugar was steadier today, with fine granulated quoted at 7.75 c par lb.
i N. Y. Stock Prices —Feb. 26 Prev. High. Low. Close, close. Adv-Rumely pfd 50% 50% 50% 61 Ajax Rubber.... 28 27% 28 27% Allis-Chalmers.. 36% 35% 36% 35% Am. Agrl 50 50 50 48% Am. B. Sugar.. 49% 49% 49% 49 Am. B. Mag. Cos. 55 64% 55 54% Am. C. & Fy. ..124 123% 3*4 124% Am. Can 29% 29% 29% 29% Am.H. & L.com 9 9 9 9 Am.H. & L.pfd. 44% 44% 44% 44% Am. Drug 6% 6% 6% 6% Am. Inter. Corp. 46% 46 46% 46 Am. Linseed.... 49% 49% 49% 50% Am. Loco 84% 83% 84% 83 Am. S. & Ref... 41% 43% 41% 41% Am. S. Ref 93% 93 93% 93 Am. Sum. T. Cos. 86% 85 85% 85% Am. Stl. Fndrv. .30 30 80 29% Am. Tel. & Tel.lo>% 100% 100% I<*>% Am. Tobacco ..120% 119% 119% 120% Am. Woolen ... 64% 65% 64% 63% Ana. Min. C 0... 39% 38% 38% 3.8% Atchison 82% 81% 81% 81% At. Gulf &W. I. 46% 44% 46 46% Baldwin L0c0... 90 89% 89% 89% B. & 0 34% 33% 34% 34% Beth. Steel (B). 58 57% 57% 57% Brklyn. R. Tr.. 12% 12 12 12 Can. Pac. Ry.. 117 116% 117 116% Cent. Leather.. 39% 38% 39 39 Chandler Motor 09% 69% 69% 69% C. & 0 60% 69% 60 60 C., R. I. & Pac. 27% 27 27% 27% Chili Copper.... 11% 11% 11% 11^ Chino Copper... 21% 21% 21% 21% Coca Cola 20% 19% 20% 20 Columbia Gas... 59% 59% 59% 60 Columbia Graph 9% S;* 8% 8% Continental Can 59-'s 69)2 50% 60 Cont’l. Candy Cos 1% 1% 1% _i> Corn Products.. *l% £ov 70% Crucible Stee'... 93% 91% Si'* Cub. Am. Sug.. 33% 32% S3 33% Cuba Cane Sug. 24% *4% 24% 24% , Douil Mine 13% I*>% lj>% 10% Endicott 60% 80% 60% 61% Erie 13% 13% 13% 13% Erie Ist pfd.... 20% 19% 20% ! Fain Players ... 68% 66 61 Fisk Rub Cos. .. 14% 14% 14% 14% Gen. Asphalt ... 66% 65% 60% 66% 1 Gen. Electric ...130% 130% 130% 130% Gen. Motors .... 14 13% 13% 13's Goodrich 35% 37 38 3i% Gt. No. pfd 76% 76% 7b% <6% Houston Oil .... 69 68% 69_ 68% 111. Central .... 88% 88% 88% ..... Insplr. Copper .35 34 % 35 34% Inter. Corp 4% 4% 4% 4% Interboro pfd .. 13 12% 12% 12% Inter. Ilarv. ... 98% 08% 98% ..... Int. Nitkel 15% 13% 15% 15% Int. Paper 56% 54 56% 53% Inv. Oil 21% 20% 21% 20% K C. South .... 21% 20% 21% 207* Kel-Spfld Tire . ,41% 39% 41 39% Kenn. Copper .. 18% 17% 18% 18% Lack Steel 56 55% 55% 53% Lehigh Valley... 54 53 53% 53 Loews, Inc 17% 17% 17% 17% 1 L. & X 100 99% 100 ..... Marine com 14% 14% 14% 13% j Mexican Petrol.lsß% 137 15S 157 j Miami Copper. IS% 18% 18% ! Mid. Sts. 0i1... 13% 13% 13% 13% Midvale Steel... 31 Vi 30% 31% 30% i M„ K. & T 2% 2% 2% 2% ! Mo. Pac. lty... 19 18% 19 18% Nat. En. A Stp.. 62 61% 62 61% Xev. Con. Coppr 11% 10% 11% 107s X. Y. Airbrake 84 83% 83% X. Y. Central.. 71% 71 71 71% N*w Haven.... 20% 19% 19% 20 1 Nor. & We5t...102 101% 101% 101% Nor. Pacific.... 83% 83% 83% 83% 1 Ok.P. A- R. Cos.. . 3% 3% 3% 3% Pacific Oil 31% 30% 31% 31% Pan-Am. Petro. 75% 74% 73% 75 Penn. Ry 40% 4040 40 i People’s Gas.... 88 38 38 38 Pierce-Arrow ... 27% 26'% 27% 26% Pierce Oil Cos.. I<s% 10% 10% 10% Pitts. Coal 58% 58% 58% 58 Vi Pull. Pal. Car... 106 106 106 105% Pur© OU 34 33% 34 I 34 Ray Copper 13% 13% 13% 18% Reading 75% 72% 73% 76 Rep. I. & 5.... 66% 66% 66% 67 R. D. N. Y 61 60% 61 00% S Roebuck 79 7 79 78% Sinclair 23% 23% 23% 23 ; 5, Southern Pac... 78% 78 78% 78% Southern Ry.... 22 21% 21% 21% S. Oil N. J. pfd.loß% 108% 108% 108% St.L. & S.F.com. 22 21% 22 21% Stromberg Carb 34 31% 33% 31 Studebaker 59% 58% 59% 58% Tenn. Copper... 8% 8% 8% 8% Texas Cos 41% 41% 41% 41 , Texas & Pacific 24% 24 24 24% Tob. Products.. 54 53 % 54 52% Trans. Otl 9 8% 9 8% Union Oil 20% 20% 20% 21 Union Pacific...l2l 120% 129% 120 ft U. R. Stores .... 54% 54 54% 54% U. S. Food Cpn. 24 23% 24 23% Un. Fruit Cos. ..104 102% 103 103% U. S. Ind. Al. .. 71% 70% 71 70 U S Rubber .. 68 *’>6% 67% 67% U. S Steel 84 83 83% 83 Utah Copper ... 52 50 50 50% Van. Steel 36 33 35 % 34% Wabash 8 7% S 8 Wab. Ist pfd .. 20% 20 20% 20% W. Maryland ... 10% 10 10% 10 Westhse Elec .. 46% 46 46% 46 White Motors .40 39% 40 38% Willys-Overld .. 8 7% 8 7% Worth Hump .. 48% 48% 48% NEW YORK LIBERTY BONDS. Prer. High. Low. Close. Close. L. B. Stes 91.08 91.00 91.08 91 02 L. B. Ist 4s 86.89 L. B. 2d 4s 86.30 83.56 86.56 L. B. Ist 4%s 86.94 86.84 86.88 86.92 L. B. 2d 4% s 86.58 86.44 86.50 86.52 L. B. 3d 4%s 89.98 89.84 89.98 89.92 L. 15. 4th 4Vis 86.66 86.56 86.00 86.70 Victory 3%s 97 46 97.46 97.46 97.42 Victory 4%s 97.49 97.44 97.46 97.42 TWENTY STOCKS AVERAGE. NEW YORK. Feb. 28—Twenty Industrial stocks bveraged 75.46, up .23 per cent. Twenty active rails averaged 75.75, off .33 per cent. NEW YORK CURB MARKET. (By Thomson &. McKinnon.) —Feb. 26. Closing Bid. Asked. Curtis Aero com 3 5 Curtis Aero pfd 10 20 Texas Chief 7 13 First Nat. Copper % l% Goldfield Con 7 9 Havanan Tobacco 1% 2 Cent. Teresa 3 4 Jumbo Extension 5 7 Internat. Petroleum .... 15 15% Nipisslng 7% 8 Indian Pgk 2% 3% Royal Baking Powder. .113 Royal B. Powder pfd.. 79 83 Btaudard Motors 7 7% Salt Creek 24 28 Tonopah Extension .... 1% 1% Tonopah Mining 17-16 1% United P S new 1% 1% U. S. Light & Heat 1 1% U S. Light & Heat pfd. 1 4 Wright-Matln 4 6 World Film 1-18 3-16 Yukon Gold Mine C 0.... 1 1% Jerome % 3-16 New Cornelia 15 17 United Verde 27 29 Seouoyah 8-16 7-16 Omar Oil 2% 2% Rep. Tire J 1% CHICAGO STOCKS. (By Thomson & MvKinnon.) —Feb. 26Open. High. Low. Close. Armour pfd .... 91% 91% 91% 91% Carb and Carb.. 56 56 55% 55% Liobv 11 Mtgy.-Ward .... 16% 16% 16% 10% Nat. Leather ... 8% ... Sears-Roebk ... 77% 78% 77% 78% Stew-Warner .. 32% 32% 32 32% Swift & Cos 102 Swift Inti 26 Armour Leather. 12% Reo Motors .... 22% NEW YORK WOOL MARKET. NEW YORK, Feb. 29—The wool market was steady today. Domestic tleeee, XX Ohio, per lb, 24@45c; domestic pulled, scoured basis, 18ft 75c; Texas domestic, scoured basis, 40ft50c. NEW YORK PETROLEUM. NEW YORK. Feb. 28.—Petroleum was easy today, with Pennsylvania crude petroleum at $3 per barrel. NEW YORK HIDE MARKET. NEW YORK. Feb. 28.—Hides were steady today, with native steers quoted at 14c and branded steers, 11c. CLEVELAND PRODUCE. CLEVELAND. Feb. 28.—Butter—Extra, in tubs, 57%ft5S<'; prints. 58%@59c; extra firsts. 50%®57e; firsts. 57%c; seconds, 45%®46%c; packing, 14@16c; fancy dairy. 30® 35c. Eggs— Kresli gathered northern extras, 3Sc; extra firsts, 37c; Ohio firsts, new cases, 36%c; old canes, 36c; Western firsts, new cases. 35c. (Case contains thirty dozen. Poultry—Lire, heavy fowls, 33®34e; roosters, 22@23cu spring chickens, 33®34c; thin grades, 28
HOG PRICES OPEN STEADY Weak Close Seen for Swine — Cattle Strong, Calves Firm. RANGE OF HOG PRICES. Good Good Good Feb. Ktxed. Heavy Light. 22. $9.50 @ 10.00 $9.00® 9.50 slo.2s@ 10.50 23. [email protected] 9.00® 9.50 [email protected] 24. 10.00® 10.50 9.50 ® 10.00 [email protected] 25. 10 00 @ 10.50 [email protected] [email protected] 26. 10. C 0 @ 10.50 [email protected] [email protected] 28. 10.00 @ 10.50 9.50 @IO.OO [email protected] Hog prices were steady to strong today at the opening of the local live stock exchange, but after the rush of the first hour there was a tendency toward weakness and indications that the market would close lower. Kingan & Cos., usually the largest buyers on tlie market, bought no hogs at the opening of the market, and representatives of the concern stated that they would buy no hogs unless they could be bought at lower prices. The shippers with Eastern house connections were the principal buyers.of the opening hour, and it was estimated that they bought one-half of the 5,000 fresh hogs on the market. There was a top of $1690 for some extra fancy light hogs at the opening of the market, with the bulk of that grade at $10.75. Mixed and medium hogs opened steady, while pigs were strong. Roughs were about steady and on a level with the close of last week’s market. Some commission concerns stated that they looked for the market to close fully 25 cents lower. With close to 900 fresh cattle on the market and a good active demand prices ranged from steady to fully 25c higher. Good heifers and steers were fully 25c higher. Cows were steady to strong and hulls were generally steady, with no top stuff on the market. There were no steers, cows nor heifers on the mure, rhere was a good, steady tone to the calf market today. Prices were generally steady, with a top of sl4, and the bulk of the choice calves at sl-350. Good calves generally brought fl2..>u 13->O. Mediums generally brought slo® 12. there was a good demand for medium aud the poorer grades. Receipts for the day approximated 400 calves. , .. With fifty sheep and lambs on the market prices were steady to strong. uoos. Best light hogs, 100 to 200 lb. average 200 to 300 lbs average 9.00® 10.00 Sows 1S . ..... .V..V.V. 7.50® 8.25 K^i der . 140 .! b ':::::: &SSSS CATTLE. Prime eornfed steers, 1,300 lbs. and up B - 50 Good to choice steers, 1,200 to 1,300 lbs S.oo(g 8.00 Good to choice steers, 1,100 to 1,206 lbs 7.25® 8.00 Medium steers, 1,000 to 1,100 lbs 6 .0® 7.75 Common to medium steers,. 800 to 1,000 lbs 5.50® 6.50 —Heifers and Cows— Good to choice heifers 6.50® 7.30 Medium heifers 4.00® 5*5 Common to nu'dium heifers . 4.ov)<t£ 0.00 Good to choice cows 3.75® 4.75 Fair to medium cows B.oo® 4 50 Cutters 3 25® 4.00 Cauners 2.50® 3.25 —Bulls— Good to choice batcher bulls 5.00® 6.00 Bologna bulls 5.00® 5.50 Light common bulls 4.00® 5.00 —Calves Choice veals 13.00®13.30 Good veals 12.50® 13-00 Medium veals 10.00® 12.00 Lightweight veals 6.00® 9.00 Common heavyweight calves.. 4.00® 8.50 —Stockers and Feeders— Good to choice steers, under 800 lbs 7.00® 800 Medium cows 4.50® 5.00 Good rows 5.00® 5.50 Good heifers 5.50® OHO Medium to good heifers 6.o*)® 000 Good milkers 50.00ft'.)5.iW Stock calves, 250 to 450 lbs.. 6 00® 8.00 SHEEP AND LAMBS. Good to choice sheep 3 00® 4.00 Fair to common 1.50® 2.00 Bucks 2.00® 2.50 Cull sheep I.oo® Lso —Lambs— Common to choice yearlings. 4.50® 6.00 Spring lambs 7.00® 8.50 Other Livestock CHICAGO, Feb. 28—Hogs—Receipts, 67,000; market 15c to 23c lower; bulk, $9.4067 10.35; butchers, $9.45®9.80; packers. $8.33ft9.25; lights. slo.lo® 10.60; pigs, $0.25® 10.40; roughs, $8,106/8.33. CattleReceipts, 18,000; market 25c up; beeves, $8ftll; butchers, $3.75ft9.50; runners and cutters. $2.50® 5.75; -tuckers and feeders, softi; cows. $4.75648.25; calves, slo® 13.25. Sheep Receipts. 19.000; market steady to weak; luinbs, $7 25® 1125; ewes, $2.50® 7.25. CINCINNATI, Feb. 28.—Hogsw Receipts, 5,800 market slow, steady; heavies. $9.50® 10.50; mixed, $10.75. mediums and lights, $11; pigs, $10; roughs, $7.50; stags, SO. Cattle—Receipts 1,450; market strong to 23c higher; bulls steady; calves. sl4. Sheep and lambs—Receipts, 23; market strong; - sheep, $1.50®6 lambs. s6® 11. CLEVELAND. Feb. 28—Hogs—Receipts, 0,500: market 15®23c lower; yorkers, $10.83; mixed, $10.85; mediums, $9.50. pig’s. $11; roughs, $7.25; stags, $5.25. Cattle— Receipts, 1.4(6); market steady; good to choice steers, $9®050; good to choice heifers, s7®B; good to choice cows. $5 ft (1.50; fair to good cows, s3®4. bulls, $6 (40.50; milkers, $ 15ft 75. Sheep and lambs - Receipts, $1,200; market strong; top. $10.50. Calves Receipts, ’,060; market steady; top, $15.50. EAST ST. LOUIS, Feb. 28.—Cattle — Receipts, 4,”tH); market steady; native beef steers, $8 506(9; yearling beef steers and heifers, $0.25® 10; cows, $5.75®0.65; stockers and feeders, s6®7; calves, sl2® 12 50; cauners and cutters, $3.25®4. Hogs —Receipts, 16,000; market 25c lower; mixed and butchers, $10,106(10.35; good heavies $96(9.50; rough heavies, $7 50®8; lights, ’ $10.33® 10.60; pigs, $9756(10 50; bulk of sales, [email protected]. Sheep—Receipts, 1..00; market steady to strong; ewes. $56(5.75; lambs, $9.75® 10; cauners, and cutters, s2ft,4. PITTSBURGH, Feb. 28, Receipts, 60 cars; market higher; choice, 81 (ft, 1 10.25; good, $!>.25ft9.73; fair. $8.50 @8.75; veal calves, [email protected]. Sheep and lambs-Receipts. 32 doubles: market higher; prime wethdrs, $76(7.25; good. [email protected]; mixed fair, $5.25@6; spring lambs, sll ft! 11.50. Hogs—Receipts, 60 double decks; market lower; prime heavies. slo® 10.25; mediums, heavy yorkers, light yorks and pigs. [email protected]; roughs, [email protected]; stags, [email protected]. EAST BUFFALO, Feb. 26.—Cattle—Receipts, 150; market slow, steady; shipping steers, [email protected]; butcher grades, $7.50® 8.25; cows, $2.30ft;0.50. Calves-Receipts, 150; market active, steady; culls to choice, ssftjl6. Sheep and lambs—Receipts, 000; market active, steady; choice, $10.50® 11; culls to fair, 57.506Ji3.75; yearlings, sß® 8.50. Sheep—[email protected]. Hogs—Receipts, 2,400; market active, 25@35c up; yorkers [email protected]; pigs, [email protected]; mixed, sUft)ll 50; heavies. slo® 10.75; roughs, [email protected]; stags, $5.50@6. In the Cotton Market NEW YORK, Feb. 28.—Liverpool cables were mainly responsible for renewed heavy general liquidation at the opening of the cotton market today, under which first prices showed declines of 21 to 50 points. Liverpool and Japanese Interests wera large sellers and locals and Wall street interests, which had made purchases last week on tha theory that the Liverpool market had seen lts worst depression, liquidated their lines this morning. The south was a small seller. Shorts furnished the bulk of the demands, but this buying was insufficient to materially rally prices. New York cotton opening: March, 11.30 c; May, 11.82 c; July, 12.20 c; October, 12.70 c. LIVERPOOL. Feb. 28.—Spot cotton opened in small demand today with prices easier and sales close to 3.000 bales. American mids, fair, 10 03d; good mids, 7.73d; full mids. 7.13d; mids, 6.38d: low, 5 23d; good ordinary, 3.98d; ordinary, ,2.95d. Future* opened easy.
INDIANA DAILY TIMES, MONDAY, FEBRUARY 28, 1921.
GRAIN FUTURES MAKE ADVANCES Opening Weak and Lower, Grains Later Gain Strength. CHICAGO, Feb. 2S. —Opening weak and lower, the result of reports of heavy receipts, grain prices advanced in later trading on the Board of Trade today, the result of cash demands on the decline and a reported increase In the weekly visible supply. Provisions were lower. , March wheat, opening down %e at $1.67%, advanced lc iu later trading. May wheat opened off lc at $1.56%, but gained l%c later. May corn opened at 68%e, off %c, and gained %c before the close. July corn opened off %c at 70%e aud advanced %c later. May oats, opening off %c at 44%e, gaiued %c before the close. July oats off %e, opened at 45%c, but gained %c subsequently. (By Thomson & McKinnon.) —Feb. 28Wheat —Friday's cables told of purchases or round lots of Argentine wheat by Germany at 15 to 20 cents ldss than United States varieties. In the face of this Gi-imany Saturday bought one cargo United States wheat Saturday. Whatever the reason for this demand, the simple taking of more of our small surplus Is distinctly worthy of consideration. The flour trade, both domestic and export, appears to be reviving. Southwestern mills claim a better demand than in four months. Chicago millers were more active in market and were taking some wheat from elevator accumulations. Economic conditions are still iu evidence to the extent that there is no breadth to the investment demand and ail operators wno are friendly are acting with caution. As a matter of fact, this makes a healthy market as th*re is no overconfident and needless demand. The statistical position shows so little available wheat that the market will be sensitive to any unfavorable conditions iu the present out look. It would stem that, the greater possibilities lie on the buying side of the uiarßet. Corn and Oats —The movement of corn from the country being so much larger than the demand from distributors or exporters, the market is not showing a good tone. Practically all advices from the Interior are to the effect that farmers have stopped selling, but this Is ignored in the face of the present heavy movement. There is not likely to be any particular strength In either corn or oats under the conditions now existing. Provisions —The strong hog market has been offset by the dullness In products aud the dragging tendency In corn. It Is believed that the movement of hogs from the country will decrease and that market will maintain Its present strong undertone. It Is also felt that the provision list will be In sympathy. CHICAGO GBAIN. —Feb. 28— WHEAT— Open. High. Low. Close. March... 15 7 % 1.09 ft 1516% 1.66% Muy 1.56% 4-59 1.54% 1.56% CORN— May 68% 69% 67% 07% July 70% 71% 70% 71% OATS — May 44% 45% 44 44% JulV 45% 46% 43 45% PORK—- • May t. 21.30 LARD— July 12.20 12 22 12 05 12 20 July 12.53 12.60 12.47 12.00 RlßS—•July.._ 11.72 11.02 RYE— May 1.41 1.42 141 1.41% July 1.24% 1.25% 1.24 1.25% •Nominal. CHICAGO CASH GRAIN. CHICAGO, Feb. 28.—Wheat No. 1 red, $1.80%® 1 81% ; No. 2 red, $1.70%@l. v O% ; No. 1 hard winter, $1.74%® 1.75%; No. hard winter, [email protected]%; No. 1 Nortlawu spring, $1.76; No. 2 Northern spring, $1.67. Corn No. 3 white, 62%@64e; No. 3 yellow, 62%@0>V; No. 4 white, 01@02e; No. 3 yellow, 59%@62%c; No. 4 white, 006562 c. Oats No. 1 white, 44®'14 ! %c; No 2 white, 43%@45c; No. 3 white, 42%® 45%e; No. 4 white, 42@42%C. TOLEDO CASH GRAIN. TOLEDO, Feb. 26.—Wheat —Cash and March, $1.84; May, $1.79. Corn—No. 2 yellow, 72c. Oats- No. 2 white, 47@4He. ltye—No. 2, $ I.,’ft. Barley—No. 2,76 c. (’foverseed -Cush (1920), February and March, $10.80; April, $900; October, $9.15. Timothy Cash (1918), $2.50; cash 11919), $9.00; cash (1920) and February, $2.05; . March. $..75; April, $2.70; May, $2.75; September, S3 15. Alslke—Cash (new), sls; March, $12.50. FKIMARY MARKETS. (By Thomson & McKinnon.) —Feb. 26 —Receipts— Wheat. Corn. Oat* Chicago 48,000 738,000 211,000 Milwaukee .. 14.000 113,000 30,000 Minneapolis . 286,0*0 34,000 37,000 Duluth 23.000 20.000 62,000 St Louis 98.0 *0 170,<@0 lOl.oOtl Toledo 7,000 14,000 8.000 Detroit 7,000 2,600 4.000 Kansas City.. 355,000 135,000 11.000 Peoria I.uOO 65,000 17.000 Omaha 96 000 189,000 18,000 Indianapolis... 3,000 91,000 20,"00 Totals 041,000 1,561,000 525,000 Year ago... 503,000 815,000 771.0(0 —Shipments— Wheat. Corn. ‘ Oats Chicago 03,000 260.000 120.0(0 Milwaukee ... 21,000 78,000 33,000 Minneapolis . 122.0*0 55,014) 61,000 Duluth 52,000 St. Louis .... 40,0(0 99,(00 60,000 Toledo 6.000 0,000 14,0(0 Detroit 2,000 Kansas City.. 117,0 *0 18,0(0 43,0(0 Peoria 10,000 84,000 43.000 Omaha 25,000 75.000 22,000 Indianapolis 28,(00 14,000 Totals 404,000 703,000 410,000 Year ago... 417,000 742.000 703,000 —Clearances — I)om. W Corn. Oats. Baltimore ... 130,0(0 Totals 130,000 Year ago... 36.000 INDIANAPOLIS CASH GRAIN. —March 28— . Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Easy; No. 2 re.d, [email protected]. Corn —Firm; No. 3 white, 60@67c; N’o. 4 white, 63ft64c; No. 5 white, 61ft62e; No. 3 yellow, 66ft 67c; No. 4 yellow, 64® 64%0; No. 5 yellow, 62ft63c; No. 4 mixed, 63ft64c; No. 6 mixed, 61 ft62c. Oats Strong; No. 2 white, 46@47c; No. 3 white, 45ft4(H. Oats Strong'; No. 2 white, 46®47c; No. 3 white, 45ft46c. Hay Weak; N’o. 1 timothy, $2050ft21; No. 2 timothy, [email protected]; No. 1 light clover mixed, $19.50ft30; No. 1 clover hay, sl7ftlß. —lnspections Wheat—No. 2 red, 2 cars; No. 3 red, 1 car; sample, 2 cars; total, 5 cars. Corn —No. 3 white, 8 cars; No. 4 white, 29 cars; No. 5 whites 6 cars; No. 3 yellow, 6 cars; No. 4 yellow, 38 cars; No. 5 yellow, 10 cars; sample yellow, 1 car; No. 3 mixed, 1 cor; No. 4 mixed, 13 cars t No. 5 mixed, 1 car; total, 113 cars. Oats No. 1 white, 4 cars; No. 2 white, 25 cars; No. 1 mixed, 1 car; No. 2 mixed, 3 cars; total, 33 cars. Hay—No. 3 timothy, 1 car. BOARD OF TRADE STATEMENT. The weekly statement of the Indianapolis Board of Trade, showing the output of Hour by local mills, inspections for the week and stocks in store, follow: COMPARATIVE STATEMENT. Output of Flour— Barrets. Feb. 26, 1921 8,935 Feb. 19, 1921 7,663 Feb. 28, 1920 13,054 Mar. 1, 1919 3,303 Inspections for Week— —Bushels— In. Out. Wheat 34,000 1,300 Corn 616,000 178,000 Oats ....' 180.000 74,000 Rye 7,000 Stock in store, 11,655. Hay, 17 cars. —Stock In Store — Wheat. Corn. Oats. Rve. Feb 26, 1021. 88.7(0 355,430 352,440 1,020 Feb 28, 1920. 428,100 459.680 47,810 6,880 Mar. 1, 1919 . 354,580 400,930 204,990 3,300 HAY MARKET. The following are the Indianapolis prices for hay by the wagon load : Ha v—Loose timothy, new. $21@22; mixed hay, new, $19@21; haled, $21@23. Oats —Bushel, new, 40@48c. Corn—Raw, 03®dec par busnaL
Exchange Abandons Banks and Trusts Quotations of almost a score of local banks and trust companies were stricken indefinitely from the list of the local stock exchange today, the board of gov- | ernors stating that trade among them had become so light that it was uo ! longer advisable to carry quotations on I them or trade in them on the ex- ! change. i Local bank authorities said that the ! light trade in their stocks was due to i the closeness with which they are held, | and It w..s an Inconvenience to furnish \ the quotations. —* ■ Local Stock Exchange —Feb. 2.8. STOCKS. Bid. Ask. Indiana Ry. & Light Cos. com 60 Indiana Ry. & Light Cos. pfd. 84 86 Indpls. Ac N. Y. pfd 75 Indpls. Ac S. E .pfd..., ... 75 Indpls. St. Ry : 55 60 T. H., T. & L. Cos. pfd 70 iT. H. f I. & E. com 2 ... jT. H., I. &. E. pfd 10 ! City Service com 240 250 .City Service pfd 67 69 | U. T. of ind. com 1 lU. T. of Ind. pfd 6 16 lU. T. of Ind. 2d pfd 2 I Advance-Ruiuely Cos. com I Advauce-Ituniely Cos. pfd Am. c'entrul Life 235 ... Am. Creosoting Cos. pfd 9i ... Belt R. R. com 00 ... Beit It. It. pfd 45 | Century Bldg. Cos. pfd 90 ... I Citizens Gas Cos 30 35 j Dodge Mrg. Cos. pfd 91% ... ( Home Brewing 35 'lndiana Hotel com ... Indiana Hotel pfd 90 ... i Indiana Pipe Line 82 86 jlnd. Natl. Life Ins. Cos 4% ... j Ind. Title Guaranty 69 62 | Indpls. Abattoir pfd I Indpls. Gas 42% 52% Indpls. Tel. Cos. coin 6 ... Indpls. Tel. Cos. pfd 89 ! Mer. Pub. Util. Cos. pfd Nat. Motor Car Cos 4 10 ! Pub. Sav. Ins. Cos 2% ... j Raub Fertilizer pfd ... Standard Oil of Indiana.... 08 71 Sterling Fire ins. Cos 7% 9 Van Camp Hdw. pfd 90 ... Van Camp Pack, pfd 92 U 0 Van Camp Prods. Ist pfd... 90 100 Van Camp Prods. 2d pfd.... IK) 100 Vnndaliu Coal Cos. com 5 Vandulia Coal Cos. pld 10 Wabash lty. pfd 20 Wabash Ry. com 7 ... BONDS. Broad Ripple 5s 69 Citizens Street Railway Cos Indian Creek Coal A; Mlu. Cos. 92 ... Indpls., Col. & Cos. 5s 88 ... Indpls. A Martinsville 5s Indpls. Northern 5s Indpls. & N. W. 6s Indpls. Ac S. E. 5s 43 Indpls., Shie. At S. E. 5a 70 Indpls. St. Ry. 4s 60 70 Indpls. T. & T. 5s Kokomo. M. & W. 6s |T. II , L. A E. 5s l U. T. of Indiana 5s Citizens Gas Cos 74 84 j Ind. Hotel Cos. 2d 3s 94 I Indpls. Gas 5s 72% 80 Indpls. L A 11. 5s 74 83 | Indpls. Water Ss 87 92 I Indpls. ’ Water 4s 70 75 New Tel. Ist 6s 94 ... New Tel. L. D. 5s 93% ... LIBERTY BONDS. Liberty first 3%s 91.02 9L40 Liberty second 4s 80 00 Liberty first 4%s 86.76 87.20 Liberty second 4%s 86.42 86.62 Liberty third 4%s 80-HO 00.20 Liberty fourth 4%s 86.60 8(1.74 Vb tory Liran 3%s 97.54 97. M ; Victory Loan 4fts 97.56 97.54 On Commission Row TODAY’S PRICES. Apples—Missouri Jonathans, per bbl.. $8; fancy Illinois Jonathan, per I*l*l., $7; extra fancy Grimes Golden, per bbl., S3.f>oft’S; extra fancy Winesaps, per bbl., $9; Bell Flowers, per bbl., $5; Baldwins, per bbl., [email protected]; Spies, per bbl., $1.60; Home Beauty, p*‘r bbl.. $8; Malden Blush, per bbl., $5; Greenings, per bbl., $3.50; choice Jonathans, per bbl., $6. Benns—Michigan navy, in bags, per lb., sft)s%c; Colorado pintos, in bags, per lb., o@7c; California Hinas, in bigs, per lb.. B@9c; red kidneys, In bags, per lb., 10® 10%o; California limas, in bags, per lb.. B@9c; California pink chili, in bags, per lb., 7(058c. f Beets—Fancy home-grown, per bn., $1.25. Bananas—Extra fancy high grade fruit, 50-tlOc, per lb., B@S%c. Cabbage—Fancy Northern, per lb., l%c. Carrots—Fancy home grown, per bu., seftsl. j Celery—Fancy Florida, 3 iloz. crite, per | crate. $3.25: fancy Florida. 4-3 doz. crate, per crate. $3.50; fancy Florida trimmed, : per bbl., [email protected]. Grapefruit -Extra fancy Florida (Rlue (Goose brand). 46s and 545, per box, $0 50; 645, 70s, per b-x. $7.25; fancy Florldas, 365, per box. $.150; 545, per box, $4.50; 64s and 70s. per box, $5.25: 80s, per box, s•> 20. Lettuce -Fancy hothouse leaf, per ID., 22e; In barrel lots, per lb.. 20c: fancy California Icebergs, per crate, $4.50. Oranges—California, all grades, $3.75 @3. Onions—Fancy Indiana yellow or red, per 100-lb. bags. $1.25. fancy Indiana j white, per 100-lb. bags. $1.40; fancy Spani lsh, per cate, $2.145. I’arsley—Fancy large Bikes, per doz., sl. Potatoes —Fancy Michigan and Wisconsin lotirul whites, per 150-lb. bag, $2.25; 5 or 10-lb. bags, per bag, $2.15; fancy Idaho Gems, per bag, $2.50. Radishes —Button, large bunches, per doz.. $1.50; long red, per doz., 40c. Sweet Potatoes—Fancy Eastern Jerseys, per hamper, $3; fancy Indiana Nancy Halls, per hamper, $2 25; fancy Indiana Jersey, per hamper, $2.50. Spinach—Fancy, per bushel basket, $1.50, Turnips—Fancy washed, per bu., $1.50; per crate, $2 50. Kale—Fancy Eastern, per bbl., $2.25. Cauliflower—Fancy California, per crate. $3. Oyster Plant —Fancy, per doz., 50c. Leek—Fancy, per doz., 35c. Sage—Fancy, per doz.. 45c. Rutabagas- Fancy Canadian, per 50 Ilis.. $1 ; per 100 lbs., $1.75. Peppers—Fancy, per small basket, 85c. Lemons—Extra fancy California, 300s to 3605, $4.). Sassafras Bark—Per doz., 30c. STATE CROP REPORT. But little rain or snow has fallen during the first part of the month and the temperature has generally been high for I this season of the year. According to reports from various parts of the State, much plowing has been done and some maple sugar camps have been opened, although there has hardly been enough thawing and freezing to make conditions most favorable. Butchering has practically been completed. Because of low prices and the bad condition of the roads, but little corn is goI lng to th emarkets at the present time. Considerable corn would be fed, but there seems to be a shortage of stock hogs. Wheat plants are greening up nicely, but do not seem to be stoolTng satisfactorily, although soil conditions are generally very good, with the extremely high temperature Tor the season of the Iyear. The Hessian fly Is a serious menace In many counties. There has been but little damage done by the freezing and thawing. lt is in about the same condition as wheat. Young clover appears to have suffered no damage during the winter and is beginning to green up. Pastures are j looking exceptionally good. A hard freeze at this time of the year would seriously Injure fruit trees, whose buds are reported as swelling In some communities. According to reports, trees are otherwise developing. All live stock stems to be in good condition with the exception of a few scattered eases of hog cholera. Prices continue low and feeders are generally discouraged. Farm labor seems to be plentiful, but wnge demands are higher than the farmers are willing to pay. CHICAGO PRODUCE. CHICAGO, Feb. S2.—Butter—Creamery, extras, 51c; firsts, 51c; seconds, 30@38c. Eggs—Firsts, 33%@33%e. Cheese—Twins, 25%c; young Americas, 25%c. Live poultry —Fowls. 30c; ducks, 36c; geese, 24c: spring chickens. 31c; turkeys, 43c; roosters, 22c. Potatoes—Receipts, 66 ears; WUaonaia and MlanMoU, si_3o®LSO.
Weather The following table shows the state of the weather at 7 a. m., Feb. 2S, as observed by U. S. Weather Bureaus: Station. Bar. Temp. Weather. Indianapolis, Ind.. 30.10 34 Cloudy Atlanta, Ga 30.14 40 Clear Amarillo, Texas... —30.06 42 Clear Bismarck, N. D... 30.08 26 PtC'ldy Boston, Mass 29.92 40 Rain Chicago, in 29.98 32 Clear Cincinnati, Ohio.. 30.12 32 Cloudy Cleveland, Ohio ... 30.10 30 Cloudy Denver, Colo 30.08 34 Clear Dodge City, Kan.. 30.16 32 Clear Helena, Mont 29.88 48 PtCldy Jacksonville, Fla.. 30.08 48 Clear Kansas City, M 0... 30.04 44 Clear Louisville, Ky. ... 30.16 44 Cloudy Little Rock, Ark... 30.14 38 Clear Los Angeles, Cal... 30.04 54 Cloudy Mobile. Ala 30.14 46 Cloudy New Orleans, La.. 30.12 51 Cloudy Nov York, N. Y... 29.88 40 Rain Norfolk, Va 30.08 40 Cloudy Oklahoma City .... 30.12 43 Cloudy Omaha, Neb 30.04 38 Clear Philadelphia, Pa... 29.96 40 Cloudy Pittsburgh, Pa 30.10 32 Cloudy Portland, Ore 30.18 43 Cloudy Rapid City, 8. D.. 30.04 38 PtCldy Rosebutg, Ore. ... 30.24 48 Cloudy San Antonio, Texas 30.00 oS Cloudy San Frrncisco, Cal. 30.12 48 Foggy St. Louis, Mo 30.06 32 Hear St Paul, Minn 29.92 36 PtCldy Tampa, Fla 30.08 50 Cloudy Washington, D. C. 30.04 38 Cloudy WEATHER CONDITIONS. The storm Center which was over the Lakes region Saturday morning has moved eastward to the Atlantic coast, accompanied by preclpitution. The disturbance at that time In the far northwest has advanced to the Lake Superior district, and another disturbance has made Its appearance in western Uunada. In connection with the former, temperatures are higher over the middle and upper Mississippi and Ohio Valleys, while the latter has <-aused warmer weather over the extreme northwest. Although it Is a little cooler between from the middle Rockies northward over the Dakotas, the readings in practically all parts of the country, except in the southeast, are much above the seasonal average. J. H. ARMIXGTON. Meteorologist, H eather Bureau. WHOLESALE FEED AND FLOUR. Ton. Cwt. Acme Bran $36.(0 $1.55 Acme Feed 32.00 1.65 Acme Midds 34.00 1.75 Acme Dairy Feed 43.50 2.20 E-Z Dairy Feed 34.25 1.75 Acme H. & M 35.50 1.80 Acme Stock Feed 29.55 1.75 Cracked Corn 34.25 1.75 Acme Chick Feed 42.75 2.20 Acme Scratch 39 75 2.03 Acme Dry Mash 4700 2.40 Homllek Yellow 33.25 1.70 Rolled Barley 40.75 2.10 Alfalfa Mol 39.00 2.00 Cottonseed Meal 41.00 2.10 Linseed Oil Meal 31.(0 2.60 Acme Chick Mash .. .. 49.25 2.50 FLOUR AND MEAL. E 7. Bake bakers’ flour, 98 lb. cotton b.’gs $10.50 Corn Meal, 100-lb. cotton bag 2.00 INDIANAPOLIS PRODUCE. Eggs—Fresh, loss off, 30c. Poultry—Fowls, 26®27c ; springers, 22c; cocks, 16c; slags, 16c; 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, 42e; cull, thin turkeys not wanted, old tom turkeys, 37c; 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. Blitter—Buyers are paying 48@49e for creamery butter delivered at Indianapolis. Butterfat—Buyers are paying 46c for cream delivered at Indianapolis. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying $1.75 for N’o. 1 red winter wheat. $1.72 for No. 2 red and $1.69 for No. 3 red. WHOLESALE REEF PRICES. The following are today's wholesale prices for beef cuts as sold on the Indianapolis markets: Ribs—No. 2, 26%c; N'o. 3.17 c. Loins— No. 2,21 c; No. 3.19 c. Rounds —N’o. 2, 19c; No 3,15 c. Chucks—No 2. 12c; No. 8. 10c. Plates—No. 2,11 c; No. 8,10 c. Filling Dr. Hill Jury Proves Tedious Work Efforts were resumed tls afternoon to get a Jury in the ease of Dr. A. A. Hill. Indicted On a charge of performing a criminal operation which is said to have resulted in the death of Sara KarabelL Counsel for the defense spent the morning questioning prospective Jurors. Indications are a Jury will not be obtained until late In the day. Two venires of fifty each have been drawn. A Jury last year failed to agree when Dr. Hill was first tried. Marriage Licenses Harold Leonard, 2156 Boulevard Place 22 Myrtle McCord? Indianapolis 20 Le Roy Witter. 1523 Broadway 23 Dorothy Stewart. 5229 Burgess av.... 19 Walter Holland Sl7 W. Twenty-Sixth. 47 Mona Borbee, 708% W. Twenty-Fourth 26 Harry Smith, 2(0 Richland av 36 Jessie Cliuger, 045 Maxwell st 32 liirths l’red and Grace Dreisbach, 1627 East Vermont, boy. Otto und Kata Schmidt, 516 Buchanan, boy. Charles and May Clauson, city hospital boy. Milo and Bessie Hyden, 3659 Graceland, boy. Carl and Nellie Hudelson, 938 North Temple, boy. James aud Emma Cox, 1119 Villa, boy. " •■*—t tul Ethel Bear, 923 West Thirty-fourth, girl. David and Laura Herschkovltz, 2319 Bellefontaina, boy. John ami Mary Salisbury, city hospital, girl. Chester and Hazel Harper, 501 South Holmes, boy. William aud Ethel Smith, 237 Villa, girl. John and Esther Tynan, 335 West Regent, girl. Charles and Elizabeth Leauty, 326 East Minnesota, girl. i’aul and Beatrice Adams, 1217 Tark, boy. Conrad and Margaret Ebaltng, 730 North Riley, girl. Walter and Amanda Jackson, 334 North Davidson, boy. Howard aud Anna Logan, Sll W’est Tenth, girl. Curtis and Amelia Williams, 2143 Northwestern, girl. Deaths Lydia J. Townsend, 75. 1728 East Washington, chronic interstitial nephritis. Squire Simpson, 36, Long Hospital, diabetes meliitus. Nell Rebecca Houstln, 45, Methodist Hospital, pernicious anemia. Kate F. Chryst. 74, 923 North Temple, broncho pneumonia. Nellie Johnson, 36, 502 California, toxic myocarditis. Charles Bybee, 26, 1116 North Missouri, pulmonary tuberculosis. John Boyle, 41, St. Vincent’s Hospital, acute myocarditis. Frank R. Hale, 72, 1704 North Arsenal, arterlo sclerosis. Ruth Joyes Killian, 1 month, 2715 Station, general septicaemia. Olive Anna Brittenbaeh, 56, 865 Garfield. chronic interstitial nephritis. William F. Arnholter, 76, 5020 University, general paresis. Anna Smith, 56, 1508% North Capitol, apoplexy. Pleasant L. Monroe, 76, 1110 North Olney. broncho pneumonia. Aletlia A. Bowman, 88, 833 Park avenue. acute dilatation of heart. Richard Shepp, 79, 1427 Commerce, chronic myocarditis. William Miller, 38. Central and Canal, drowning by submersion. John Douglas. 74, City Hospital, chronic myocarditis. Adra Hocker, 26, City Hospital, general peritonitis. Mary Bryant. 86 233 East Wyoming, hypostatld pneumonia. TUMULTY ADMITTED TO PRACTICE. WASHINGTON, Feb. 28.—Joseph P. Tumulty, attorney at law, was admitted to practice before the United States Supreme Court today. Tumult}, who will retire from his position as secretary to President Wilson Frida}, has opened law officao.
HOUSTON PUTS DISCLOSURE UP TO SECY. COLBY (Continued From Page One.) the same to the Secretary of State as to his opinion that It be Incompatible with public Interest to make public.” Secretary Houston’s letter to Secretary Colby follows: ‘‘My Dear Mr. Secretary—The Judiciary Committee of the Senate has under consideration Bill S. 4890, which was Introduced by Senator Reed, and provides that there shall be revoked and rescinded the authority granted by section 2 of the Liberty bond acts authorizing loans to foreign governments. The bill further directs the Secretary of' the Treasury to cancel all credits and commitments made pursuant to said acts upon which money has not actually been paid to foreign governments, and directs bim not to make any new commitments, credits or advances under and by virtue of said acts. At the hearings, which by unanimous vote, as I understand, of the committee are being held in open session, Senator Reed has asked the Treasury for correspondence concerning the establishment of credits and the making of advances to certain foreign governments and the incurring by the Treasury of commitments in connection therewith. “So far as the Treasury is concerned for its ozvn sake there is no reason why its entire files should not be made public. The correspondence concerning foreign loans, however, involves the affairs of foreign governments aud has to do with our relations with them. In these circumstances it appears proper that the Department of State should have a l * opportunity of advising the Judiciary Committee of the Senate whether there is any part of the correspondence for which Senator Reed has asked which it is incompatible for the public Interest to make public. I have therefore prepared copies of files of such as I understand Senator Reed desires concerning loans to France, Greece, Italy and Liberia n*hand them to you herewith with the request that you examine and transmit to the Judiciary Committee of the' Senate so much of the correspondence therein contained as in your opinion it is not incompatible with the public Interest to make public. “At the hearing on the 21st mst. there was handled to the committees a file of copies of correspondence relating to loans to the Czecbo-Slovak Republic. I am suggesting to the chairman of the committee that before this is made public it be submitted to you for your consideration as to whether there is any part which it Is Incompatible with the public interest to make public. "I enclose a copy of my letter of today to Senator Nelson, chairman of the committee.” MAYOR JEWETT RECALLS OWN CAR PROMISES (Continued From rage One.) give their nickels to the street railway company. The board of works promised to Investigate this phase of the activity of Jitney busmen. THIRTY CARS RUN DURING KUSH HOURS. In the rush hours there are thirty cars in operation on the East Washington and only twelve on the West Washington line. This throws the two so far out of balance in the number of people handled that any plan for through service could include only part of the East Washington cars and possibly only part of the West Washington cars. Dr. Jameson drew from Mayor Jewett an admission that pressure from the merchants in West and East Washington, who would like to see passengers ride through the congested district into their sections, has stimulated the demand for the through service. The traction officials contended that very few of the people would ride clear through even though the service were established. In discussing the other proposed crosstown lines the mayor declared that he thought the East and West Michigan lines ought to be connected by widening narrow parts of Michigan street to conform to the widest parts in the center of the city, and building tracks therein to connect the points where the tracts now turn south out of Michigan street to run to the business district. The lnterurbans coining into the city over Massachusetts avenue could be routed across Michigan street to Illinois street or Senate aienue and then to the Terminal station, so as to avoid tlie congested district in Ohio street now followed, the mayor suid, recalling a suggestion that has often been made heretofore. ESTIMATES 16.00(1 FEET OF NEW TRACK. Mr. Todd estimated that It would be necessary to build approximately 16.000 feet of new track, at a cost of about $200,0(0, to establish the Michigan street cross-town line. Thu traction officials assert that the company is in worse condition today than it was a year ago, so they do not see how they can expend this amount. The board modifle dand confirmed resolutions for the resurfacing of New York street, from Alabama street to East street; of Ft. Wayne avenue, from Alabama street to Tenth street; of Meridian street, from the first alley north of Merrill street to McCarty street, and of East street, from Washington street to Ohio street. Bids were received as follows: For Permanent Improvement of Boulevard Place from Fortieth to Forty-Sec-ond Streets—Mansfield Engineering Company, asphalt. $6.63 a lineal foot and American Construction Company. $6.55. For Permanent Improvement of Boulevard Place from Crown Hill Drive to Fortieth Street —Mansfield Engineering Company, asphalt, $7.30 a lineal foot and American Construction Company, $7.52. Resolutions for the yacutlon of the first alley south of Georgia street from East to Cook streets and of the first alley west of Harding street from avenue to a point 170 feet north were confirmed. Three in Game Fined; Reputed Keeper Free Charges of keeping a gambling house against Wayne Cummings, arrested at the Hotel English Saturday night, with three other men. were dismissed on motion of the State by Judge Walter Pritchard, In city court, today. Three men arrested In Cummings’ room were fined $5 each on charges of gambling, which they admitted. The charges against Cummings were dismissed after Cummings stated he atin progress at the time of the raid. Cumtempted to break up the game that was mings’ statement was corroborated by the three who pleaded guilty. Interstate Traction Cos. Asks Rate Boost A petition was filed with the public service commission today by the Interstate Public Service Company asking permission to increase lnterurban rates between Indiannpolls and Seymour from 2% rents to 3 cents a mile. A similar petition was filed by the Louisville & Northern Railroad for permission to make a similar increase on the same lines from Sellcrsburg to Jeffersonville. SUES STREET CAR COMPANY. Judgment of SB,OOO Is asked In a suit filed by Will V. Letter In Superior Court, rooni 2, against the Indianapolis Street Railway Company. Loiter claims his autotnofldlc waa struck by * street car Jan. U, SMuIUAg ut ttfleua lajogg (a bin*.
WOMAN TAKEN AFTER SEARCH Margaret Heath, Arrested in Missouri, Said to Have Served Time Here. A nation-wide search for Margaret Heath, wanted by forty-five banks and 390 department stores, has ended with he* arrest at Chilieothe, Mo., according to word received by F. E. Miller, local superintendent of the Pinkerton's agency, Among the charges ‘against her is one brought by an Indianapolis bank dating tack to October, 1919. Mr. Miller says she served a term at the Indiana Woman’s Prison for defrauding an Indianapolis store and that she passed a forged check at the same store upon her release. At various times she is said to hava used the following names; H. A. Hanson, Helen H. Hanson, Mrs. A. D. Dale. Clifford H. Denny, MarJorls Hartwell, Ruth Clayton Cox, Mrs. Harvey C. Anderson, Margaret J. Ryan, Mrs. Charles McFarland, Mrs. J. J. Hodson, Mrs. Leo Bauman, Mrs. Glen H. Wlsa, Helen M. Henderson, Mrs. Harry H. Hensen, Mae F. Burke, Mae H. Robbins, Mrs. E. Dickerson, Ruth V. Coleman, Marlon Alice Gardiner, Mrs. Thomas F. Ryan, Mrs. Harris H. Vincent, Mrs. Donald Reed, Mrs. Marjorie Harney, K. U. Wortham. According to Mr. Miller she worked as follows: She called at banks and opened accounts by depositing checks issued by herself for amounts ranging from S4O to $4lO drawn on banks where she apparently had accounts In other cities. Before the bank had time to ascertain whether the checks deposited were genuine, she checked against her account. She also made purchases in department stores and paid for same with check?, identifying herself by means of the pass and check books. She has defrauded banks and merchants, it is said, in the following cities: Covington, Ky.; Indianapolis, Cincinnati, St. Louis, Kansas City, Kansas City, Kan., and Chicago. She has posed as a school teacher, stenographer, oil man's wife, bank official’s wife and proprietress of a ladies’ wearing apparel establishment. Mr. Miller said that Miss Heath will be taken to Chicago, where government authorities will take her into their custody. He said that she was xvanted by the Government for defrauding previous to the bank case here. 7 MEN FINED ON GAMING CHARGE Keeper, Given Ten Days in Jail, Appeals. The Seven men arrested Sunday at the Richelieu apartments by Sergeant Houston and squad pleaded guilty to gaming in city court today and each was fined $5 and costs. Charges of visiting a gambling house were dismissed and Frank Alberts, at whose apartment the arrests were made, was fined $lO and costs and sentenced to serve ten days on a charge of keeping a gambling house. He ap-. pealed and put up a cash bond for his appearance in Criminal Court. Among those who paid fines was Harry Oshewitz, known to the police as “Jew Harry.” He gave an assumed name at the time of the arrest. Oshewitz’s most recent arrest followed a fight game at 1001 Indiana avenue, when he was stabbed a number of times by Walter Brunswick. Both of these men pleaded guilty to assault and battery after Oshewitz got out of the hospital and both appealed from the sentence given by Judge Walter Pritchard at that time. SIFTS SINKING OF DESTROYER Court Ordered to Fix Blame in Balboa Disaster. WASHINGTON, Feb. 28.—A naval court of inquiry has been ordered to investigate the ramming of the American destroyer Woolsey by the steamer Steel Inventor, Secretary of the Navy Daniels announced today. The investigation has been ordered* by Rear Admiral Rodman, commander of the Pacific fleet. The court of inquiry will be held at Balboa. Rodman also stated that he had Instructed the commandant of the fifteenth naval district. Panama, to take steps to libel the Steel Inventor to protect the Government against loss. The sinking of the Woolsey resulted in the death of one enlisted man and the Injury of several others, while fifteen members of the crew of the destroyer are missing. Muncle Man Held to Federal Grand Jury Fred E. Bacon, formerly branch manager at Muncle for the Old Reliable Paint Company of this city, was bouse® over to the Federal grand jury under bon*' of $5,000 on a charge of violating the postal laws, by Howard S. Young, United States commissioner, today. In default of bond he was placed in Jail. Bacon was arrested by Frank S. Ream, United States deputy marshal. It is charged that while Bacon was branch manager he forged duplicate bank deposit slips, representing that he had deposited certain sums of money to tbs credit of the firm at Muncle when, as a matter of fact, he had kept the money. The reputed defalcation is said to have amounted to more than $5,000. He was charged with embezzlement In the Muncie city court more than st* months ago, but the Delaware County grand jury did not return an indictment. Hoosier Utilities Orders Are Set Aside WASHINGTON, Feb. 28—Orders of the Indiana public utilities commission, issued In 1907 and fixing certain rates on intrastate shipments, were set aside by the Supreme Court today. Indianapolis dealers sought to compel enforcement of the rates. Four Justice* dissented. The Yandalla Railroad ease, decided against the Indiana railroad commission, apparently is one of long standing. El I*. Lewis, chairman of the public service commission, stated he “doesn’t oven know what it is,” and it “was before his time.” The railroad commission no longer la existent, *and in view of the present rate tangle, it is hardly likely the Vandalia case will have Important application. In the opinion of Mr. Lewis. KOKOMO TAILOR BANKRUPT. A petition in bankruptcy was filed by George L. Whitson, tailor and haberdasher of Kokomo, in Federal Court today. He listed liabilities of $4,531.50 and assets of $513.50. BALLARD PURE KETTLE f RENDERED LARD Boiled Ham and Lunch Meats
