Indianapolis Times, Volume 33, Number 252, Indianapolis, Marion County, 1 March 1921 — Page 8
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STEEL COMMON SHADE LOWER Crucible and Baldwin Both Hit by Slight Declines. NEW YORK, March 1. —Price change* were mixed at the opening of the stock market today. Dealings were small and fluctuations were generally confined to fractional limits. The increase allowed In the price of gas in this city was followed by an advance of 2% points In Consolidated Gas to S3. American Agricultural was weak, falling 114 points to 4614Atlantic Gulf was active and rose 1 point to above 42 Steel common shaded off slightly to SI 14 Baldwin, at 89, and Crucible, at 9214. represented fractional declines. Mexican Petroleum moved up 14 of a point to 157. Interest wag attracted to trading In Southern Pacific Right*, which sold for cash today at 16% and 16%. Pacific Oil moved up 14 of a point to 32%. Reading opened down 14 of a point to 7214 and then rallied to 7214. Kelly-Springfield declined "i of a point to 3814. There was a good improvement to the market tone around noon when many stocks were in demand, after the sharp declines in some issues in the forenoon. American Woolens was active and strong, moving up over 2 points to 6314. following the publication of the annual report. Pennsylvania Railroad was In supply and Norfolk & Western dropped 2 points to 9714, while Northern Pacific, after falling 2 points to 80%. rallied to 85. General Asphalt was weak throughout the forenoon, falling nearly 5 points to 69%, followed by a rally to 60%. Reading sbowked a st*ady tone, moving ud from 7214 to 72%. Cnited States Steel held around 8114(By Thomson & McKinnon.) —March 1— There was nothing in the news over the week-end to change market sentiment. The President signing the bill for the reJief of the railroads ordinarily would have served the purpose of creating a little confidence, but conditions do not seem to be favorable here, and therefore, a matter of this kind is practically ignored. The misfortune is that business here has not shown the improvement that was expected, while In Europe conditions are about as unfavorable as they have ever been, and with the pnblic taking no Interest In the stock market, it has become largely a professional affair, and the trading being limited to a comparatively smail number of Issues, and the dally efforts being centered on these few naturally gives the market a very weak appearance. How soon tba change is to come is difficult to say, but there is certainly noth - at the moment that is at all encouraging. Some are of the opinion that the coming change In Administration at Washington will serve the purpose of increasing confidence, but there is even no assurance as to this. Technically the market is undoubtedly sound, but we need an Incentive for a greater public participation and temporarily at least it Ujoks as though the professional element will have their own way. TWENTY STOCKS AVERAGE. NEW YORK, March I.—Twenty industrial stocks averaged 74.98, off .48 per tent Twenty active rails averaged 73.32, off .43 per cent. CLEARING lIOISE STATEMENT. NEW YORK, March I.—Exchanges, V>90,570,895; balances. J 67.206.394; Federal Reserve Bank credit balances, $46,948,112. Money and Exchange Indianapolis bank clearings today were $2,946,000. Tuesday of last week was a holiday. NEW YORK, March I.—The foreign exchange market was strong today with the exception of Christiania and Copenhagen, which lost five points each. Stockholm was exceptionally strong in the Scandinavia group, gaining 15 points. Sterling was up l%c at $3.78%. Franc cables were 7.21 c; cheeks. 7.20 c. Lire cables were 3.65%e; checks. 3 6T>c. Belgian were 7.53 c; checks, 7.52 c. Guilder cables were 3.42 c checks, 3.415 c. German marks were 1.63 c. NEW YORK CALL MONEY. NEW YORK, Feb. 28.—Money-Call money ruled 7 per cent;. high. 7 per cent; ! low, 7 per cent. Time rates steady, 6*4 @7. Time mercantile paper steady. Sterling exchange was steady, with business in bankers' bills at $3.87 for demand. MOTOR SECURITIES. (By Thomson &. McKinnon.) —March 1— —Opening— i Bid. Ask. Briscoe 17 18 Chalmers com 1 I*4 Packard com 11 1114 Packard pfd 74 76 Chevrolet 190 400 Peerless 23 25 Continental Motors com 6 6% Continental Motors pfd 89 92 Hupp com 13’4 14 Hupp pfd 8S 92 Keo Motor Car 22*4 2214 Elgin Motors 514 6*4 Grant Motors 3 314 Ford of Canada 248 277 Cnited Motors 35 65 National Motors 4 6 Federal Track 20 22 Paige Motors 19 20)4 Republic Truck 20 22 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —March 1— —Opening— Bid. Ask. Anglo-American Oil IS 18*4 Atlantic Refining 980 1030 Borne-Scrymser 380 400 Buckeye Pipe Line 82 84 Chesebrough Mfg. Cons.... -190 210 Chesebrough Mfg. Cons 102 105 Continental Oil, Colorado... 11l 115 Cosden Oil and Gas 5% 6 Crescent Pipe Line 30 32 Cumberland Pipe Line 135 145 Elk Basin Pete 8 8% Eureka Pipe Line 98 101 Galena-Signal Oil, pfd., new. 92 96 Galena-Signal OU, com 44 46 Illinois Pipe Line 165 170 Indiana Pipe Line S3 85 Merritt Oil 12% 13 Midwest Oil 1 1% Midwest Rfg 140 142 National Transit ,27 28 New York Transit 150 158 Northern Pipe Line 91 98 Ohio Oil 280 255 Penn.-Mex 33 38 Prairie Oil and Gas 490 .VO Prairie Pipe Line 19S 203 Sapnlpa Refg 4% 4% Solar Refining 390 410 Southern Pipe Line 104 107 South Penn. 0i1..... 220 230 Southwest Penn. Piiw> Lines. 67 72 Standard Oil Cos. of Cal 303 306 Standard Oil Cos. of Ind 69 69*4 Standard Oil Cos. of Kan 385 605 Satndard Oil Cos. of Ky 410 425 Standard Oil Cos. of Neb 390 415 Standard Oil Cos. of N. Y 330 400 Standard Oil Cos. of Ohio 380 400 Swan & Finch 40 50 Union Tank Line 106 110 Vacuum Oil 3io 315 Washington OU 27 32 NEW YORK METAL MARKET. NEW YORK, Feb. 28.—Copper—Dull; spot, March and May offered, 12-Tic. Lead —Weak; spot and March offered, 4.03 c; April offered, 4c. Spelter—Dull; spot, March and April offered, 4.85 c. NEW YORK WOOL MARKET. NEW YORK, March I.—The wool market was steady today with domestic fleece, XX Dhlo. quoted at 24@45c per lb; domestic pulled, scoured basis, 18<g Too, and Texas domestic, scoured basis', KMgSOe. NEW YORK HIDE MARKET. NEW YORK March I.—Hides were •asy today with native steers quoted at 12c per lb and branded steers at 10%e per lb. NEW YORK PETROLEUM. NEW YORK. March L—- Petroleum was week *4ay, with I‘ennsy nils *-
N. Y. Stock Prices —Feb. 28— Prer. High. Low. Close, close. Adv.-Rum. pfd.. 50% 50 50 50% Ajax Rubber... 28 27% 27% 28 Allis Chalmers. 36% 35% 35% 36% Am. Agrlcul 49% 47% 47% 50 Am. Beet Sugar 49 49 49 49% Am. Car & Fdy.l24 123%* 123% 124 Am. Can 29% 29% 29% 29% Am. H & L com 8% 8% 8% 8 Am. H& L pfd. 44% 44% 44% 44% Am. Drag 6% 6% 6% 6% Am. In. Corn... 45% 45% 45% 46% Am. Linseed... 49 48 48 49% Am. Loco 86% 85 85% 84% Am. S. A- Ref.. 41% 41% 41% 41% Am. Sugar Ref. 94% 94 94 93% Am. S. Tob. Cos. 87% 85% 86% 85% Am. Steel Fdy. 30% 30 30 30 Am. Tel. & Te 1.100% 300 100 100% Am. Tobacco... 121% 120 120 119% Am. W001en.... 63% 60% 61 64% Am. Zinc A Ld. 8% 8% 8% 9 Am. Min. C 0... 38% 28% 28% 38% Atchison 82% 83% 83% 81% At. Gulf & W.I. 46 41 41% 46 Baldwin Loco.. 91% 89% 89% 89% B. & 0 34% 34 84 34V* Beth. Steel (B). 51% 56% 66% 51% Bk. Rap. Tran. 12 11*4 12 12 Can. Pac. Ry..U7% 116% 116% 117 Cent. Leather.. 35% 38 38 39 Chandler Mot.. 69% 67 67% 69% C. & 0 60 69% 59% 60 C„ M. * St. P. 28% 28 28% C.M. & St.P.pfd. 43% 42% 42% C. R. I. & P... 27% 27% 27% 27% Chili Copper... 11% 11% 11% 11% Chino Copper... 21% 21% 21% 21% Coca Cola 20% 20®,* 20% 20% Columbia Gas.. 59% 58% 58% 59% Colum. Graph... 9 8% 8% 8% Consol. Gas 79 78% 78% Cont. Can 58% 58% 58% 59% Cont. Candy Cos 1% 1 1% 1 Corn Prods 71 70% 70% 70% Crucible Steel.. 94% 92 92% 91% Cub.Arn. Sugar. 33% 33 33 33 Oub.Cane Sugar 24% 24% 24% 24% Dome Mines.... 15% 13% 15% 15% Endicotf 61 61 61 60% Erie 13 13 13 13% Erie Ist pfd.... 20% 19% 20 20% Fam. Players.. 68% 66 67 67 Fisk Rub. C 0... 14% 14% 14% 14% Gen. Asphalt.... 66% 6-4% 64% 65% Gen. Cigars 62% 61% 62 .. . Gen. Electric ...131% 130% 131 130% Gen. Motors.... 14 13% 13% 13% Goodrich 37% 36% 37% 37% G. Nor. pfd 76% 75% 75% 76% Gt. Nor. Ore... 30 30 30 Houston Oil *lO% 67 67 69 111. Central 88% 88% 88% 88% Inspl. Copper... 34% 34% 34% 35 Inter. Corp 4% 4% 4% 4% liter. Nickel... 15% 15% 15% 15% Ii ter. Paper 57% 54% 54% 56% Invln. OU 22% 21% 21% 21% Inter. Harvest.. 99 99 99 98% K C. South... 21% 21 21 21% K-SfleM Tire... 40% 39% 39% 41 Kenn. Copper.. 18% 17% 18 18% Lack Steel 56% 54 54 65% Lehigh Valley.. 63% 53 53% 53% Loews. Inc 17% 16% 16% 17% Marine com 14% 13% 13% 14% Marine pfd 52% 51 51 Ms 1. Mot. com 5% 5% 5% Me 1. Pete 159 156% 156% 158 Middle Sts. Oil 13% 13 13% 13% Midvale Steel... 31 30 30 31% M. K. & T 2% 2% 2% 2% Mo. Pac. Ry 19 1818% 19 Xev. Con. Cop.. 11 11 11 11% N. Y. Air Brake 84% 83 S3 83% N. Y. Central.. 71% 71 71 71 New Haven 20 19% 19% 19% •Nor. A West..loo 99 % 99% 101% Northern Pacific 84% 82% 82% 83% Ok.Pd. A Ref.Co 3% 3% 3% 3% Pacific Oil 32% 31% 31% 31% Pan-Amer. Pete. 75 74% 74% 75% Penna. Rv 40 39% 39% 40 People's Gas 38% 37% 37% 38 Pierce-Arrow.... 27% 26% 26% 27% Pierce Oil Cos.. 10% 10% 10% 10% Pittsburgh Coni 59 58% 59 58% Pressed Stl. Car 91 91 91 Pull. Pal. Car .105% 105% 105% 106 Pure Oil 33% 83 33 31 Ray Copper 13% 13% 13% 13% Reading 73% 72 72% 73% Rep. Iron A Stl. 67% 65% 65% 66% Roy.Dtch.of NY. 60% CO 60 61 Sears-Roebuck.. 79 76 76 % 79 Sinclair 23% 23% 23% 28% •Southern Pac. . 77% 76% 76% 78% Southern Ry. ..22 21% 21% 21 % •S. 0., X. J. pfd..107% 107% 107% 108% St. L AS. F. com. 22 21% 21% 22 Stromber Curb.. sl% 33% 33% 33% Studebaker .... 60 58% 58% 69% Tenn. Copper .. 8% 8% 8% 8% Texas Cos 41% 41% 41% 41% Texas A Pac. .. 24% 23 23 24 Tob. Products.. 54% 53% 53% 54 Tmns. Oil S% 8% B*4 9 Union OU 21 % 20% 21% 20% Union Pacific ..121% 120% 120% 120% Ltd. Retl. Stores 55% 53% 33% 54% U. S. F. P. Corp. 23% 23% 23% 24 Uted. Fruit Cos.. 103% 101% 102 103 *U. S. Ind. Alco. 69 68% 68% 71 U. S. Rubber .. 67% 65% 65% 67% •U. S. Steel ... 82% 81% 81% 83% U. S. Steel, pfd.. 109% 109% 109% Utah Corp per ... 51 49% 49% 50 Van. Steel 35% 35% 35% 35% Vir.-Car. Chem.. 33% 32% 32% Wabash 8 7% 7% 8 Wabash Ist. pfd. 21 20% 20% 20% W. Maryland .. 10% 10% 10% 10% Western Union . 87% 86% 87% West. Electric .47 46% 46% 46% White Motors .. 4040 4040 Willys-Overland 7% 7% 7% 8 Worth. Pump .. 48% 48% 48% 48% •Ex-Dir. NEW YORK LIBERTY BONDS. —Feb. 28— Prev. High. Low. Close, close. L. B 3%s 91.10 91 02 91.10 91 0 L. B. 2d 4s 8650 86 20 86 50 8656 L. B. Ist 4%5... 87.14 86 86 86.96 86 88 L. B. 2d 4%5... 86.60 86 32 86 58 86 74) L. B. 3d 4%5.... 89.96 89.94 89.90 89 NS L. B. 4th 4%5... 87 76 87.40 80 72 80 60 Victory 3%s 97.70 97 48 97.70 97 46 Victory 4%s 97.76 97.46 97.70 97.46 NEW YORK (IKB MARKET. (By Thomson A McKinnon.) —Feb. 28— —Closing— Bid. Ask. Curtis Aero, com 3 5 Curtis Aero, pfd 10 20 Texas Chief 7 13 First National Copper % 1 Goldfield Con 7 9 Havana Tobacco 1% 2 Havana Tobacco pfd 1 4 Cent. Teresa 3 4 Jumbo Extension 5 7 International Petroleum.... 14% 15% Nipissing 7% 8 Indian Pkg 2% 3 Royal Baking Powder 113 116 Royal Baking Powder pfd... 79 83 Standard Motors 7 7% Salt Creek 24 28 Tonopah Extension 1% 1% Tonopah Mining 1% 1% United P. S. new 1% 1% U. S. Light and Heat 1 1% U. S. Light and Heat pfd.... 1 4 Wright-Matin 4 6 World Film 1-16 3-16 Yukon Gold Mine Cos 1 1% Jerome % % New Cornelia 15 17 United Verde 27 29 Sequoyah 5-16 7-16 Omar OU 2% 2% Rep. Tire 2 2% CHICAGO STOCKS. (By Thomson A McKinnon.) —Feb. 28Open. High. Low. Close. Armour pfd.... 91% Carbide A Carb. 56% 56% 56 "56% Libby 11 11 10% 10% Nat. Leather.... 8% S% 8% 8% Sears-Roebuck.. 79 79 73% 76% Stew.-Warn..... 32% 32% 32 32 Swift A Cos 102 102% 102 10G.% Swift. x Int 25% 26 25% 25% Armour Leath... 12% Reo Motors 23 NEW YORK RAW SUGAR. NEW YORK March I.—The raw sugar market was dull here today with Cubas quoted at 5.77 c duty paid and Porto Ricos at 5.77 c delivered. NEW YORK REFINED SUGAR. N'EIV YORK, March I.—Refined sugar was steady today, with fine granulated sugar at 7.75 c a pound. CLEVELAND PRODUCE. CLEVELAND, March I.—Butter—Extra, In tubs, 57%058c; prints. 55%@59c; extra firsts, 56%<g57c; firsts, 57%c; seconds, 45%046%c; packing, 14016 c; fancy dairy, 30@35c. Eggs—Fresh gathered northern extras, 38c; extra firsts, 37c; Ohio firsts, new cases. 36%c; old cases. 36c; IVestern firsts, new cases. 35c. (Case contains thirty dozen. Poultry—Live, heavy fowls. 33® 34c; roosters. 22@23c; spring chickens, 33<g34c: thin grades, 28 | WHOLESALE BEEF PRICES. The following are today's wholesale | prices for beef cuts aa sold on the Indianapolis markets: j Ribs—No. 2, 26%c; No. 3,17 c. Loins No. 2, *2lc; No. 8,19 c. Rounds—No. 2,
HOG PRICES HOLD FIRM Trade in Cattle Fairly Active —Sheep Strong. RANGE OF HOG PRICES. Good Good Good Feb. Mixed. Heavy Light. 23. [email protected] $9.09@ 9.50 $10.25® 10.50 24. [email protected] 9.50 @IO.OO [email protected] 25. 10.00@ 10.50 [email protected] [email protected] 26. 10.00 @ 10.50 9.50@10 09 10.50® 10.75 28. 10.00 @10.50 9.50 @ 10.00 [email protected] March I. 10.25 @ 10.60 [email protected] [email protected] Hog prices were steady to strong at the opening of the local live stock exchange today, with a top of $10.90 on some good light hogs and the bulk of sales at [email protected]. Good light hogs generally brought $10.75. with a few at lower figures and several aales at [email protected]. Medium hogs generally brought $10.1.5010.50, with a few at $lO 60, while heavies generally brought $9.75@1025 . Roughs brought $,.5008.25 and pigs $10010.85. , . ~ There was a rush at the start by the shippers with Eastern house connections and moat of tlift 6,500 fresh hogs on the market were sold at an early hour Kingan A Cos. bought only scattered lots, while the smaller local packers were In the earlv rush with the shippers and taking their usual quota. There was a good clearance for the market of the day before and prices held up better for that market than It was thought at an early hour iu the forenoon. . .. , A good clearance for today was anticl nated, hut there were no statements made that would lead one to believe that the market would close higher There was a fairly strong tone to trade in the cattle alleys today, with receipts close to 900 fresh cattle and a good, strong demand by most of the buyers. Prices were fully steady to strong on practically all grades of cattle. With close to SCO calves on the market, prices were practically steady with the close of the Monday market. There was a top of sl4, the same as on the j market of the day before, on choice veals, while the bulk of that grade brought $13.50. The bulk of the good calves brought around sl3, while mediums ranged from $10.50012.50. There, was a good, strong demand for common and poor grades of calves. Sheep prices were strong st the opening market with a top or $9 on lambs. Receipts for the day were less than 100 sheep and lambs. HOGS. Best light ftogs, 100 to 200 lbs. average ’ ‘ 200 to 300 lbs Best pigs, under 140 lbs Bulk of sales 10,25(810..5 CATTLE. Prim* cornfed steers, 1.300 lbs. and up w.oO Good to choice steers, 1.200 to 1.300 lbs 8.000 8.50 Good to choice steers, 1,100 to 1,200 lbs 7-250 8.00 Medium steers, 1,000 to 1,100 lbs 6 75@ 7.75 Comm on to medium steers, 800 to 1,000 lbs 5.50@ 6.50 j Heifers and Cows — Good to choice heifers 5.50@ 7.50 Medium heifers 4.000 5.75 Common to medium heifer® . 4.OJ@ 5.00 Good to choice cows 3 75® 4.75 Fair to medium cows 3.00® 4 50 Cutters 3.250 4.00 Canners 2.soc<) t 3.25 1 —BullsGood to choice butcher bulls s.o(>@ 6.00 Bologna bulls 6.000 5.50 Light common bulls 4.00@ 5.00 —Calves— Choice veals [email protected] Good veals [email protected] Mdium veals 10.00012.00 Lightweight veals 6.000 9.00 Common heavyweight calves.. 4.00 > l S.oO , —Stockers and Feeders— Good to choke steers, under 800 lbs 7.000 8 00 Medium cows 4.50(0 5.00 Good cows 6.o<i@ 5.30 Good heifers 5.500 6.00 Medium to good heifers 6.000 600 Good milkers 50.00® 95,00 Stock calves. 230 to 450 lbs 6.000 8.00 SHEEP AND LAMBS. Good to choice sheep 8 000 4.00 Fair to common 1.500 2.00 , Bucks 2.00 2 50 Cull sheep 1.000 1.50 —Lambs— Common to choice yearlings. 5 000 7.00 Spring lambs 7.000 0.00 Other Livestock ! CHICAGO, March I.—Hogs—Receipts. gT.OOO; market, 25035 c up; bulk. $9.70® 10.70; butchers, $9.70010.85; packers, $86009.50; lights, $10.00010.85; pigs. S9 *15010.75 ; roughs, $8.250>i.(81. Cattle— Receipts, 10,000; market, weak; beeves. $8.10011; but'liers, $5010; canners nnd cutters, $2.7505; stackers and feeders, $6 @9; cows. $4.5006.2.5; calves. $100X3.25. Sheep—Receipts, 17.000; market, steady; lambs. $7.25011.25; ewes, $2 5007.25. CINCINNATI, March I.—Hogs—Receipts. 4,500; market steady to 25c lower; heavy hogs, $9.50010.50; mixed. $lO 75® 11; medium and lights, $11.25; pigs, $1*); roughs $7.50; stags. $6. Cattle Receipts 3**l; market generally strong; bulls steady; cs'ves weak to 25c lower at $13.50 @l4. Sheep and lambs—Receipts, 200; market strong; sheep, $1.3005; lambs. $6 @ll. CLEVELAND, March 1.- Hogs—Receipts. 2.500; market 15025 c up; yorkers, $1101115; mixed, $11011.15; medium, $950; pigs. $1.15; roughs, $7.25: stags, $5.25. Cattle—Receipts, 200; market steady. Sheep and lambs—Receipts. 600; market steady; top. JiO.oO. Calves—Receipts, 200; market shude lower; top, sls. EAST ST. LOUIS. 111., March I.—Cattle —Receipts, 4,600; market steady; native beef steers, s9® 10; yearling beef steers and heifers, $9.50010; cows, $606.50; Stockers and feeders, $607.50; calves, sl2 @12.50; canners ami cutters, $404.50. flogs— Receipts, 12,000: market 15025 c higher; mixed and butchers $10.25® 10.60; good heavies, $9.5509.7a; rough heavies. $7.7508: lights, $10.50011 • pigs, $9.85010.50; hulk of sales, $19.40010.60. Sheep—Receipts, 1,800; market sieudy; ewes, $505.50; lambs. $9.75010.73; cantiers and cutters, s3®4. PITTSBURGH, March I.—Cattle Receipts, light;. market, steady; choice $lO @10.23; good, $9.2509.75; fair, $8,500 8.75; veal calves, $14014.50. Sheep and lambs—Receipts, light; market, steady; prime wethers. $707 25; good $6,250 6.75; mixed fair, $5.2.'®6. spring lambs. $11011.50. Hogs Receipts, light; market. higher; prime heavies. $10010.25; mediums, $11.25011.50; heavy Yorkers. $ 25®115< : lint Yorkers. $11.26011.50; pigs, $11.2501.50; roughs, $7.3908.50; stags, $507. EAST BUFFALO, March I.—CattleReceipts, 225; maret active, firm; shipping steers, $9.50010; butcher grades. $7.7309.25; cows, $306.75. Calves—Receipts, 450; market active, steady; culls to choice, $5016. Sheep and lambs—Receipts, 600; market active, steady; chob’e, $11011.60; culls to fair. $8010.75; yenr- ! lings. $809; sheep, S3OB. Hogs—Receipts. 3,200; market active, 25030 c up; yorkers, sl2; pigs. sl2; mixed, $11,500 11. heavies, $10.50011; roughs, s7@ 8.50; stags, $5.5006.50. I In the Cotton Market J NEW YORK, March I.—Strong cables from Liverpool prompted r. heavy covering movement on the cotton market at the start this morning and prices moved up 30 to 63 points. Later there was a reaction of about 30 points under southern selling. Local sentiment appeared to be more reactionary on the theory that the short Interest was big and that a further recovery might be expected unless checked by offerings from the South. New York cotton opening: March, J 1 40c; May, 12c; July, 12.30 c; October, 12.80 c. LIVERPOOL. March I.—Spot cotton in better demand today with prices steady and sales close to 9.0(i0 bales. Including 3.000 bales late yesterday. American middlings fair. 10.22d; good mids, 7.020 ; full milk*. 7.32d ; mills. 6.57*1 ; low, 5.42(1; good ordinary, 4.17(1; ordinary. 3.17d. Futures opened irregular. WAGON WHEAT PRICES. Indianapolis ffour#mllls and elevators today are paying §1.75 for No. 1 red winter wheat, *L7S cfer Ne. $ red aad f on f-y 3 rrd;'|
in DIANA DAILY TIMES, TUESDAY, MARCH 1,1921.
GRAIN MARKET TRADE QUIET Only Fractional Changes in Quotations. CHICAGO, March I.—Trading in grains was quiet on the Chicago Board of Trade with only fractional changes in quotations. Corn and oats showed a little strength when some buying power came into the market. Provisions were higher. ■March wheat opened unchanged at $1.66% and dropped %c later May wheat opened unchanged at $1.56% and gained %e later. May corn opened un lc at 6S%c and gained an additional %c before the close. July corn opened unchanged at 71%e and advanced %c subsequently. May oats, after opening up %c at 44%c. held that figure. July oats opened up %c at 46c and remained unchanged In later trading. (By Thomson A McKinnon.) —March 1— Wheat—Excellent crop news and liberal receipts of wheat in the Southwest started prices lower. Market ran into a demand from cash handlers for the March delivery which had the appearance of being against export gales. Buying of this character has been the only feature in the market, outside interest still being ot small proportion. Millers were bujera of the March delivery In Minneapolis. The strength in the March nnd the maintenance of premiums for cash wheat are tho sustaining factors in the market and give a foundation to prices which will make market sensitive to revival of flour trade, further export business, or dis turblng news from the new crop. Pending possible developments along these lines, market is likely to be narrow and uninteresting. Corn and Oats—Heavy reciflpts of corn in this market were offse.t during the day by the strength In wheat and by an unexpected decrease In the visible., The decrease is misleading for the reason that the recent heavy receipts in Chicago have not been unloaded and therefore are not included iu the visible statement. Advices as to continuation of movement are mixed, but it seems to ns that work in the fields will keep the farmers busy and prevent free marketing of the remaining surplus. The visible supply has increased some 20,000,000 iu the last sixty duys. Considering the very poor domestic demand during that period, we wonder where the origtnal owner of this enormous amount of corn could rave found a buyer If it had not been for the investment demand for deferred delivery. About 800,000 export business reported yesterday, but domestic trade still very slow, this market docs not offer any strong inducer to th* investor because of ths largest surplus in sight and the probability of liberal reserves still back. At the same time It seems to be the fact that tho surplus hag had full tnfluance, and from tris time forward market should hate the help of smaller movement. Provisions--j.ue strength In grain* and a little export demand for lard offset a decline in hogs in the provision market. Trad® has been light with interest at a minimum. CHICAGO GRAIN. —March 1— WHEAT— Open. High, Low. Close. March... 1.66% 1.67% 1.63 1.66% May 1.36% 1.58 1.55% 1.58 CORN— May 68% 69% 68% 69% July 71% 71% 70% 71% OATS— May 44% 45% 41% 43% July 40 46% 45% 46% PORK,— May 21 00 21.82 21.60 21.82 LARD— May 12.27 12 80 12.27 12.50 July 12.73 12.50 12.75 12.83 RIBS— May 11 75 11.90 11 75 11.90 July 12.10 12.30 12.00 12.30 RYE— May 141% 1.41% 1.40% 1.41% July 1.25% 123% 1.21% 1.25% CHICAGO CASH GRAIN. CHICAGO, March 1 Wheat—No. 1 red, $178%; No. 2 red, $1.76%; No. 1 ha.d winter, $17201.74; No. 2 hard winter. $1.71; *Ko. 3 spring, SI.OO. Coin —No. 2 yellow, 68c; No. 3 white, 65'% @64%e; No. 3 yellow, 03%@1i5c; No. 4 white, ole; No. 4 yellow. 61@62%c. (hit* No. 1 white, 44%c; No. 2 white, 14%0 44%e; No. 3 white, 43044 c; No. 4 white, 41%@42%c; standard, 41c. TOLEDO CASH GRAIN. TOLEDO, Feb. 28. Wheat—Cash. $1.85; March, $1.82; May, $1.79. Corn—No. 2 yellow, 71c. Oath No. 2 white, 47048 c. Rye— to. 2, $1.55. Barley—No. 2. 78c. < *loversct*d —Cash (1920), $11.05; Feoru.ry and March. Til; April $9.70: October. $9.50. Timothy Cash (1918), $2.60;! Cash (1919), *2.70; cash (1920). $2.72%; February and March, $2.65; April, $2.77%; May. $2.82%; September, $3.15. Alsike- Cash (new). sls; March, $12.50. PRIMARY MARKETS. (By Thomson & McKinnon.) —Feb. 2S Wheat. Corn. Oats Chicago 46.090 796,05) 237,0)0 Milwaukee ... 15,0 k) 81,000 23,000 Minneapolis.. 648,000 162,000 1479100 Duluth 64.000 7,000 22,90) St. Louis .... 216,0)0 368.000 172,000 Toledo 8.090 9,000 H.frjo Detroit 6,000 5,000 12JJO0 Kansas City.. 84 (Ml 283,0)0 41, out Peoria 6,0 k) 105.000 40.000 Omaha 95,000 245,0(10 46,000 Indianapolis.. 50,000 87,000 40,0)) Totals 1,898.000 2,148,000 817,000 Year ago.. .1,027.000 1,124.900 1,034,000 —Shipments— Wheat. Corn. Oats Chicago 25.00) 346,000 133,000 Milwaukee ... 1,00) 74.0 k) 29,000 Minneapolis.. 128,0 k) 34,000 43JW0 Duluth 19,000 St. Louis .... 47,000 61,0 k) 19,0 k) Toledo 1,0 k) 6,000 Detroit 4.000 2,000 4,0)0 Kansas City.. 143,000 34,00 ) 31.uK) Peoria 2.00 72,0*0 27,0 k) Omaha 28,000 107,000 30,000 Indianapolis 49,000 40,1KK) Totals 400,000 780,0 0 365,000 Year ago... 341,0 k) 649,000 597,000 —Clearances— Dom. Wheat. Corn. Oats. New York.... 429.0 k) 239,<4)0 Philadelphia.. 90,000 120,000 New Orleans. 190,000 Gulvestou ... 640.*k)0 Totals 1,347,0 0 357,000 Year ago .. 469,000 INDIANAPOLIS CASH GRAIN. —March 1— Bids for car lots of grain and hay at the cal! of the Indianapolis Board of Trade wmie: Wheat Easy; No. 2 red, [email protected]. Corn—Firm; No. 3 white, UhiuOic; No, 4 white. H3%® 64 %c: No. 5 white, 61%@i 62',-)c; No. 3 yellow, 67@67%c; No. 4 yelioi., t.4i&65c; No. 4 yellow, 62%@64e; No. 4 mixed, 63@64c; No. 5 mixed 61%@62%c. Oats —Firm; No. 2 white, 46%®47%e; No. 3 white, 45%@46%e. Hay—No. 1 timothy, $20.50021; No. 2 timothy, $20020.50; No. 1 light clover mixed, $19.50020; No. 1 clover hay, sl7 018. —lnspections Wheat—No. 2 red, 5 cars; No. 4 red, 2 cars; total, 7 cars. Corn—No. 3 white, 13 cars; No. 4 white, 20 cars; No. 5 white, 5 cars; No. C white. 4 cars; No. 2 yellow, 2 cars; No. 3 yellow, 6 cars; No. 4 yellow 27 cars; No. 5 yellow, 8 itirs; No. 6 yellow’. 1 car; sample yellow, 1 car; No. S mixed, 2 cars; No. 4 mixed. 8 cars; No. 6 mixed, 4 cars; sample mixed, 1 car; ear, 2 curs; total, 104 cars. Oats—No. 1 white, 1 car; No. 2 white., 10 cars; No. 3 white, 1 car; total, 12 cars. Ilay—No. 1 timothy, 1 car; No. 1 clover mixed, 1 car; total, 2 cars. Alfalfa—No. 2, 1 car; No. 3, 1 car; total, 2 cars. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load: Hay—Loose timothy, new, $21@22; mixed hay, new, $19@21; baled, $21023. Oats—Bushel, new, 45@48c. Corn—New, 65@68c per bushel. CHICAGO PRODUCE. CHICAGO, March I.—Butter —Creamery extras. 53c; creamery firsts. 51 %c; firsts, 44@51%c; seconds, 30@38c. Eggs— First, 33%c. Cheese—Twins, 25%c; Young Americas, 25%c. Live poultry— Fowls, 31c; ducks. 36c; geese. 24c; spring chickens, 32c; turkeys, 40c; roostei s, 22c. Potsturs—SO car*) aartWa. bnl*. tt.9(HI.JW.
Local Stock Exchange —March 1— STOCKS. Bid. Ask. Indiana Ry. & Light Cos. com 60 Indiana Ry. & Light Cos. pfd. 84 86 Indpls. tc N. Y. pfd 75 Indpls. & 8. E .pfd 75 Indpls. St. Ry 65 60 T. H„ T. & L. Cos. rfd 70 T. H., I. &. E. com 2 6 T. H., I. & E. pfd 10 19 City Service com 240 250 City Service pfd 67 09 U. T. of lud. com 1 U. T. of Ind. pfd 6 16 U. T. of Ind. 2d pfd 2 Advance-Rumely Cos. com... 17 Advauce-Kumely Cos. pfd... 48 Am. Central Life 236 Am. Creosoting Cos. pfd 80 Belt R. It. com 60 68 Belt R. R. com 45 50 Century Bldg. Cos. pfd 90 Citizens Gas Cos 30 85 Dodge Mfg. Cos. pfd 91% ... Home Brewing 55 ... Indiana Hotel com 50 Indiana Hotel pfd 90 Indiana Tipe Line 81 87 Ind. Natl. Life Ins. Cos 4% ... Ind. Title Guaranty 59 62 Indpls. Abattoir pfd Indpls. Gas 42% 47% Indpls. Tel. Cos. com 6 ... Indpls. Tel. Cos. pfd 89 Mer. Pub. Util. Cos. pfd 30 Nat. Motor Car Cos 4 c. 10 Pub. Sav. Ins. Cos 2% ... Rauh Fertilizer pfd 45 Standard Oil of Indiana 68 71 Sterling Fire Ins. Cos 6 12 Van Camp HJw. pfd 90 Van Camp Pack. pfd.. 92 100 Van Camp Prods. Ist pfd... 90 100 Van Camp Prods. 2d pu1.... 90 100 Ynndulia Coal Cos. com 5 Vandalia Coal Cos. pfd 10 Wabash Ry. pfd 20 ... Wabash Ry. com 7 ... BONDS. Broad Ripple 5s 60 71 Citizens Street Railway Cos. 70 80 Indian Creek Coal & Min. Cos. 62 Indpls., Col. A Cos. 5s 88 Indpls. A Martinsville 65.... 50 ludplß. Northern 5s 40 ... Indpls. & N. VV. 5s 54% Indpls. & S. E 5s 45 ... Indpls., Shie. & S. E. 6s 70 Indpls St. Ry. 4s 60 65 Indpls. T. A T. os Kokomo, M. A W. 5s ... T. H., L. A E. 5s U. T. of Indiana 5s Citizens Gas Cos 74 84 Ind. Hotel Cm 2d 5s Indpls. Gas os 72% 80 Indpls. L. A 11. 5s 75% 80 Indpls. Water 5s 86 92 Indpls. Water 4s 70 75 Merchants H AL 65 87 New lei. Ist 6s 94 New Tel. L. D. ss. 93% ... LIBERTY BONDS. Liberty first 3%s 00.80 Liberty second 4s 86.30 Liberty first 4%g 86.78 87.01 Liberty second 4%s 86.60 86.70 * Liberty third 4%s 89.96 90.40 Liberty fourth 4%s 8690 87. id ' Victory Loan 3%s 97.48 07.88 j Victory Loan 4%s 97.46 97.88 —Bales ~ SI,OOO Liberty second 4%s at 86.70 On Commission Roto TODAY’S PRICKS. Apples—Missouri Jonathans, per hbl„ I $8; fancy Illinois Jonathan. per # bbl., $7 ; I extra fancy Grimes Golden, per bbl , ; $5.5008: extra fancy Wlnesaps, per bbl., $9; Bell Flowers, per bbl., $5; Baldwins, per bbl., $405.50; Spies, per bbl., $4.50; Rome Beauty, per bbl.. $8; Maideu Blush, per bbl., $5; Greenings, per bbl., $5 50; choice Jonathans, per bbl., s*< Beans- Michigan navy, in nags, per lb..' 4%@5c; Colorado plntos. iu bugs, er lb., t*@7c; California fiuias, In bags, per 11)..! 809 c; red kidneys, in bags, per lb., lu@ 10%c; California I fin us. in bags, per lb.. 8@9o; California pink chili, iu bags, per lb.. 7@Bc. Beets —Fancy home grown, per bu„ j $1.25. Bananas Extra fancy high grade fruit, 50 to 60S per lb, 808%c. Coco nuts Fancy, per doz, $1; per bag of 150, $6. Cabbage Fancy Northern, per lb., l%c. Carrots- Fancy home-grown, per bu., 85'’. . I Celery- Fancy Florida, 3 ilo* crate, per crate, $3.25; fancy Florida. 4 5 doz. crate, per crate. $3.50; fancy Florida trimmed, per bb!., $101.16 Grapefruit . Extra fancy Florida "fl*. per box, $3.25; 46s and 645, pc-r box. $6.50; fancy Florida*, 80s, por box, $3.50; 46s and. 545, per box, $404.50; 64s and 70, per box, $5.28; per box, $5.25. Lettuce Fancy hothouse leaf, per )b., I 25c; in tiarrel lots per lb, 23c; fancy California icebergs, per crate, >4.50. oranges California, ail grades, $3 50 @5.25. Onions -Fancy Indiana yehow or red, per 100 Ib. bags, $1.25, fancy Indiana white, per 100-lb, bags, $1.40; fancy Spanish, per cate, $2.35. I‘arsiey—Faucy large Bikes, per dos., sl. Potatoes Fancy Michigan ar.c Wisconsin round whites, per 150-lb bag, $2 50; 5 or 10-lb bags, per bag, $2.40; fancy Idaho Gems, per hag. $2.50. Radishes Button, large bunches, per do*.. $1.50; long red. per doz., 4Ck’. 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, j $1.50. Turnips—Fancy washed, per hu., $1.50; per crate, $2 50. Kale—Fancy Eastern, per bbl., $2.25. Cauliflower —Fancy California, per crate, 12.85. oyster Plant—Fancy, per do*., 50c. Leek—Fancy, per doz., 35c. Sage—Fancy, per doz., 45c. Rutabagas Fancy Canadian, per 50 Ihs., $1; per 100 lbr., $1.75. Peppers Fancy, per small basket, 73c. Weather The following table shows the state of the weather at 7 a. m. t March 1, as observed by U. S. weather bureaus: Station. Bar. Temp. Weather. lnitlnnaiM.il*. Ind. . 30.00 37 PtUldy Atlanta. Ga 30 08 44 Clear Amarillo, Tex. .... 29.86 40 PtCldy Bismarck, X. D. ... 29.64 42 Cloudy Boston, Mass 29.90 40 Clear Chicago, 111 29 96 38 PtCldy Cincinnati, 0 30.02 86 Clear Cleveland, 0 30.02 34 Cloudy Denver, Colo 29.74 46 Cloudy Dodge City, Kan. . 29 82 42 Cloudy Helena. Mont 29.78 44 Cloudy Jacksonville, Fla. . 30.08 66 Clear KAnsas City, Mo. . 29 84 48 PtCldy Louisville, Ky. ... 30.04 40 Clear Little Rock, Ark. .. 29.98 48 Clear Los Angeles, Cal. . 29.92 48 Cloudy Mobile. Ala 30 08 50 Clear New Orleans, La. . 30.08 60 Cloudy New York. N. Y. . 30.00 40 Cloudy Norfolk, Va 30.02 44 Clear Oklahoma City ... 29.92 46 Clear Omaha, Neb 29.03 48 Cloudy Philadelphia, Pa. . 30.04 44 Cloudy Pittsburgh, Pa. ... 30.02 36 Cloudv Portland, Ore 30 12 60 Cloudy Rapid City, 8. D. . 29.76 46 Cloudy itoseburg, Ore. ... 30.14 48 PtCldy Ran Antonio, Tex. . 29.92 68 Rain San Francisco, Cai 30.02 60 Cloudy St. Louis, Mo 29.94 42 PtCldy St. Paul, Minn. ... 29.70 34 Cloudy Tampa, Fla 30.10 48 Clear Washington, D. C. 30.04 40 Clear WEATHER CONDITIONS. Since Monday morning some precipitation bus occurred in the northeastern parts of the country, in Texas, anil in the north I’oclrio region, lint elsewhere generally fair weather has prevailed. The Northwestern depression is moving slowly eastward over western Panada and extends southward over the plains Spates. It has caused warmer weather over practically all of the Interior, and the readings throughout the Not hern and Western States are for the most part considerably above the seasonal average. At 7 p. m. Monday there was no snow cover in the central valleys except from the lakes region nortli westward over Canada, where depth* of from two to | twelve inches remain. INDIANA HIGHWAYS. Roads continued to improve throughout the week and the mulu highways are now in good condition over pracrh ally the entire State, although they ore better in tlie northern and central portions than in the southern. Seme unimproved reads and by-ways ore in poor condition.
MILLIONS WAIT CHANCE TO SAIL ACROSS BRINE Immigrants Encamped at Ports of Europe in Efforts to Reach America. PASSENGER SHIPS BUSY By FKEDERIC J. HASKIN. WASHINGTON, D. C— Anywhere from 10,060,000 to 25,000,000 people, according to various estimates, are literally standing in line in Europe waiting for a chance to come to America, according to Commissioner of Immigration Wallis of New York. Mr. Wallis recently gaze the Senate Committee on Immigration a succinct \ and startling account of the immigration situation, of which only a few words have heretofore been published. The gist of his facts are, therefoie, here set : forth. In Danzig he says that people are standing* in line by thousands to get on the boats, and that they are camped all about the port of embarkation, waiting their turns. TJre steamship companies i report that they are offered ten times as much business as they can handle. Most of these immigrants huve sold everything they possessed in order to raise enough money to pay for a passage to this country, and to have enough rnouey to be admitted when they arrive. They pay from sllO to $l6O for a steerage passage to the United States, which is more than a first-class passage cost a few’ years ago. The immigrant carrying business is said to be very remunerative to the steam- j ship companies. Many of the immigrants tell of being I robbed at the port of embarkation. They j are forced to check all of their personal , belongings while taking a bath, and afterwards they say they are unable to recover them, the checks not being honored. There are also tales of women and girls being dragged out of line and robbed. The result is that when the Immigrant arrives in the United States he does not have sufficient money to be admitted to this country, as the law provides that he cannot be admitted if he is likely to become a public charge. On one ship carrying perhaps a thousand immigrants there were several hundred that had less than $1 each in money. Many of them, from regions Infested with tvphus, wear clothes so flimsy thnt these clothes will not stand the disinfecting process through which they must be put. CONGESTION AT ELLIS ISLAND. Most of these destitute immigrants claim that they expect money here from friends, relatives or societies, and most of them are. in the course of time, rescued by some of their compatriots in this country. But meantime they must be cared for at Ellis Island. The island has no accommodations for such a swarm of people. They are compelled to sleep on the floors, and until recently many of them had to sleep without blankets. There are no adequate toilet facilities or facilities of any other kind. Furthermore, these almost destitute people land in a country, the language of which they can not speak, in a city which Is already full of unemployed persons, and which has bread lines. There l* practically to machinery for placing these people in joim. Mr. Wallis re j ported several letters that he bad had I ftorn the We-t a-klng for immigrant la bor at good wages. But he has no authority to establish or to act as an employment agency. He believes that the Labor Department is now taking some ■ steps to distribute these immigrant laborers where they are needed, but does not know what funds they have for the purpose. (Asa matter of fact, they have practically none. The United States Employment Service, since the armistice, has been reduced to a skeleton orgaul- ! intlon.) Mr Wallis does not believe that the j situation L> to be relieved by the passage of a law like the Johnson bill prohibit lug ail immigration, with certain exceptions, such as the blood relatives or j those already here, for a year. He believes that the exceptions, and the j frauds which naturally grow out of them, would more than fill the boats—that w-e would get. about the same amount of immigration, but that It would consist mostly of women, children nnd otiier dependents. lie seems to believe that either all immigration should be stopped, without exceptions, until legislation regulating immigration In a scientific way can be passed; or else immigration should be allowed to run along as it is until such final legislation can be passed. BOATS CARRY MILLION EACH YEAR. Mr. YV tills points out the important fact that the amount of immigration which we can receive is limited by the number of persons which the ships can carry. He estimates that the ships now in use can carry 1,000,000 steerage passengers a year and perhaps 300,000 in the first and second cabins. It is further brought out lu the hearings ’that 25 to 30 per cent of the trans Atlantic passenger traffic is non-lmuilgrant—-that is, it consists of people who intend to return to their native countries, or of Americans returning fro* Kurope. In this way it is seen that our immigration is seif-limited to less than 1,000,000 a year, barring what comes in over the Mexican and C'auadian borders. Os course, inasmuch as the carrying of Immigrant passengers is now a highly remunerative business, it is probable that more ships will be built and put into tho business, but the increase In the immigrant stream, which will result from this will lie slow. EMIGRANT AGENT SUGGESTS CHANGE IN LAYVS. The situation, therefore, ns Mr. YY'allis sees it. is that out of 10,000.000 aliens who want to come to the United States in a given year, only 1.0)0,000 can come by reason of the limitations of the carriers. He argues that our manifest duty is to choose this million with the utmost care—to see that the 10 per cent of the proffered population which we take is the best 10 per cent and not the worst or middling. lie points out that a considerable part of the immigration now’ coming in consists of large, strong, healthy people with enough money to take care of them for some time. Others are sickly, undersized paupers. He argues that legislation should be drafted which will Insure that this large healthy, thrifty type get in and thnt the sickly paupers be kept out. Since we cannot take them all anyway, why not take the best? Mr. Wallis does not suggest the nature of the regiflations by which this selective process might be accomplished; he puts that up to Congress. He does suggest that the present laws are inadequate, especially the literacy test He points out that n man may be able to read forty words and yet be a very poor specimen of the human race. BELECTIYE PROCESS SHOULD BE OYER THERE. Mr. YY'allis further believes that this selective process should begin on the other side—that it is foolish and cruel to let the immigrant come to this country and then send him back. He believes that an arrangement for Wh selection on the other side could be made through diplomatic channels. Borne of the Senators brought out the fact that an attempt had once before been made to effect su* h an arrangement diplomatically, and tna tall the nations but Italy and China and objected. No reason in law or common übm wan offered, how - oeer, wky we aiiotM mm to nMe to re-
ceive immigration on out own terms or reject it altogether. Mr. Wallis further believes that to make any regulation of immigration effective the inspectors must be high-grade men. He points out that such men cannot be obtained at the salaries now paid which range from $1,400 to $2,400 a year. He points out that these inspectors practically decide human destinies and that men of education and intelligence are.required. Lastly, Mr. Wallis believe* that intelligent Immigration legislation should provide some machinery by which the immigrant is aided to find a Job. A competent Government employtnenl agency in connection with the immigration offices at each port of entry, which simply received applications for laborers, and listed cpportunltles generally, could do a great deal both for the Immigrant and for the country to which he comes. TEN MILLIONS SPENT ON RACE (Continued From Page One.) collected, of course, were not used exclusively in the presidential campaign. They were used in the election of Senators and Congressmen and State officers." The disbursements of the Republican national committee from the time of the Chicago convention until the close of the campaign were given as $5,319,729.32; those of the Democratic national committee, $1,318,274.02. The Republican Congressional committee wns credited with an expenditure ol $375,959.05; the Democratic C on " resß * ona l committee, $24,498.05; the Republican senatorial committee, $326,980.29; the Democratic senatorial committee, $6,675. It was stated there was also a loan of $306,233.50 to the Republican Congressional Committee, a major portion of which was paid back, and another loan of SIOO,OOO to the Republican Senatorial Committee, which was repaid in full. INDIVIDUAL TOTALS SET OUT. The fifteen men who in the preconvention campaign were the principal aspirants for either the R Jublican or the Democratic nomination for President had a total of $2,980,033 expended in their Interests, it was reported. Os this amount $1,778,303 was credited to Gen. Leonard Wood, $414,984 to Governor Frank O. Lowden, $194,393 to Senator Hiram W. Johnson, $173,542 to Herbert Hoover and $113,109 to Warren G. Harding; and $59,610 to Attorney General A. Mltchel Palmer, $22,000 to Governor James M. Cox, $14,040 to James W. Gerard and sl2,o*** *o Governor Edward I. Edwards. ‘‘Naturally the members o$ the committee discussed remedies to limit the amount of campaign expenditures, for they feel that the expenditures of these vast sums ie a present and growing menace to the Nation,” the report stated. URGES REMEDY FROM CONGRESS. "We recognize there are constitutional difficulties involved In the passagv of laws to regulate expenditures In presidential campaign, but are of the opinion that the Senate Committee on Prix’ileges nnd Elections should, in the next Congress, take up the question of remedial legislation nnd if a constitutional amendment should be necereary that the proper steps should be taken to submit the same to the people, as provided by the Constitution. "The subject is of such importance thnt the next Congress should give early attention thereto." POINDEXTER WARNS OF NEED OF NAVY WASHINGTON March I.—A warning that the American people may need a hig navy in the next year or so to protect their rights and interests was voiced In the Senate today by Senator Poin- i dexter (Rep.), Washington, a member of the Senate Naval Affairs Committee, in urging the passages of the naval appro- i priatlon® bill. "YY'ill any one deny the country is eon- I fronted today by a very critical sltua- ' tion with respect to her foreign relations?" Poindexter demanded. Marriage Licenses Melvin C. Wyekllff, 300 Massachusetts.. 21 Carrie R. YVoodall, 527 E. Pratt 22 William Fields, 2418 Sherman drivp... 37 Ruby Reinbold, 523 S. Senate ave.... 19 George W. llertel, Brookville. 1nd.... 26 Pauline I.ohrey, Brookville, Ind 19 .Tames Sherwood, It. R. P 37 Ethel Chadick, U. R. P 22 Tom Smlfh, Cleveland Ohio a... 35 Bessie YY'ebb, 923 N. Senate ave 30 Adolph Eisner, Shertnan Hoaso 80 Anna Haas. Indianapolis 40 Paul Hiet, Detroit. Mich 22 Frances Hanson, 535 Blake st S( William Patton, 11 Hampton court.... 37 Jane Klger, 111 E. YValnut st 41 Births Morris and Leia Youcha, Long Hospital, boy. Alfred and Beatrice Lydlng. 217 We6t Eighteenth, boy. Ralph and Fannie Tolliver, 1031 East Georgia, girl. Lester and Laneta Daugherty, Methodist Hospital, boy. Herbert nnd Laura Bretzlaff, Methodist Hospital, boy. Joseph and Victoria Zore, 776 Haugh, girl. Romuld and Rosie Medveseck, 729 North Holmes, girl. John and Stella Phllllpa, 2129 Conrad, girl. William and Nellie Langhltn, 1217 Herbert, girl. Orville and Lora Mann, 23 North Whittier, girl. Alvin and Lola Shalley, 858 West Twenty-seventh, girl. J. Franklin and Dell* Campbell, 617 Brown, girl. Walter and Elsie Lutz, 1016 Nelson, boy. George and Sarah Barrett, 2437 Central, girl. Jason and Margaret McClnrey, 140 Blackford, boy. Arthur and Edna Demaree, 1217 North La Salle, boy. John and Josephine Grothaus, 31 Parkview. girl. Charles and Margaret Decker, 1341 Edgemont, boy. Deaths Gertrude Ferry, 71, 1731 North Capitol, broncho pneumonia. Malissa Jane Howe, 77, 1104 Broadway, chronic myocarditis. Herbert Ray Wood, 2. 1854 Central, second degree burns, accidental. Marlon Isabel Ingersoll, 76, 2343 North Pennsylvania, chronic myocarditis. James Riggs Smock, 22, 711 North Pine, bronchitis. Mary E. Koch, 88, 2206 North New Jersey, carcinoma. Infant Kennell, S hours, 1018 East Ohio, premature birth. YVIIO LESALE FEED AND FLOUR. Ton. Cwt. i Acme Bran $30.00 $1.56 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 1 Acme Stock Feed 29.55 1.75 i Cracked Corn 34.23 1.75 Acme Chick Feed 42.75 2.20 Acme Scratch 39.75 2.05 [ Acme Dry Mush 47.00 2.40 Homlick Yellow 33.25 1.70 l Rolled Barley 40.75 2.10 Alfalfa Mol 39.00 2.00 Cottonseed Meal 41.00 2.10 ! Linseed Oil Meal 51 00 2.60 I Acme Chick Mash 49.25 2.50 1
THOS. C. DAY & CO. INSURANCE BROKERS 705-715 Fletcher Trust Bldg. Main 1323 ano v Duesenberg Motor Stock "IJ™ SKM- 410 UMMGKft •LAO.
Ex-Flame’s Picture Stirs Husband’s Ire KANSAS CITY. Mo., March 1. -All young men look alike, a matron told W. J. Burke, legal r id attorney. “My husband is about to sue for divorce and through no malice of mine. I sent his picture to a firm in Chicago to have it enlarged. I had saved enough ' from my allowance to show my love for ! him by hanging his enlarged, youthful I countenance over the fireplace. | "I waited two weeks for the picture to be returned and when it came my husband found it first. He smashed it into a debris of fragments and then announced that a divorce was imminent. “The fact Is that I confused his portrait with that of one of my early flames. I sent the wrong one.” “Call next Monday," said Mr. Burke. “YY'e’ll take the ease under advisement.” Black Bear Stops Services in Church PIEDMONT, YV. Va., March I.—The trapping and slaying of a black bear weighing 288 pounds broke up services in * church at Henry on the Western Maryland Railroad, south of this place. The bear liad been carrying off pigs, calves and sheep, and Arnold Stahl set a trap. En route to the church with friends, Stahl stopped to look at the trap and found a bear standing in it. The animal was a whopper. Revolver shots only infuriated bruin, who became frenzied and would probably have attacked the party had not a rifle been procured. Several well directed shots ended the bear. In the meantime, several hundred persons who had assembled for the church service, were attracted to the scene. Wedded Becoming More Quarrelsome? LONDON, March I.—Are married people becoming more quarrelsome? It would seem to be so, for applications for separation orders have Increased enormously in the London police courts, according to the Rev. Harry Pearson, secretary of the Police Court Mission. “Many of these are on very frivolous grounds,” said Mr. Pearson, "and the magistrate hands the cases over to our missionaries. In 50 per cent of the case* a reconciliation is effected. “Os course, our missionaries have to he very tactful. One of them said to me: ‘lf I can Just get one- of them to smile the trick is done.’ “The magistrates handed over 5.500 people to the missionaries during last year? and most of them had domestic troubles." Purchase Cigarettes Only 1 Cent a Pack WASHINGTON, March I.—The Chinaman Is becoming more and more addicted to the use of cigarettes. Most of the 18,0)0.000 people in Manchuria smoke cigarettes. Men, women, boys and girls are cigarette smokers. American Consul Pontius of Mukden, In an official report, said the tobacco habit prevailing so largely among the Chinese is due to large native tobacco production and cheap labor. The Chinaman buys cigarettes for as low as 1 cent the package of five nnd ten cigarettes. He is now going in for the fancy cigarettes made of imported tobaccos. of imported American tobacco are sold to the Manchurian for 4 cents for a package of ten smokes. Mayor Zimmerman Suggests Candidate Special to The Times. RICHMOND, Ind., March I.—Dr. W. W. Zimmerman, mayor of Richmond for the last twenty years, before leaving to receive treatment for blood poisoning in his hand, authorized Ed Hollarn, superintendent of parks, to say for him that In ease a successful business man could be induced to submit his name for the mayoralty nomination he would willingly withdraw. Mr. Hollarn, personal representative of Mayor Zimmerman, said Zimmerman mentioned James A. Carr as a suitable candidate. Mr. Carr was chairman of the allied purchasing commission during the war and was decorated by the French and Italian governments. Caruso LTndergoes Another Operation NEW YORK, March I.—Another operation to remove pus from the pleura of the lungs wns performed today on Enrico Caruso, noted tenor who has suffered • relapse of pleurisy. Following the operation It was announced Caruso was “resting easy.” 200 Elephants Will Help in Tiger Hunt LONDON, March I.—A tiger hunt with 2GO elephants ar.d trained cheetah instead of hounds, will be features of the royal sport of the Duke of Connaught on hla forthcoming India tour. INDIANAPOLIS FRODUC& Eggs—Fresh, loss off. 80c. Poultry— 26@27c; springers, 22c5 cocks, 16c; stags, 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, 42c; cull, thin turkeys not wanted, old tom turkeya, S7c; 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. Butter —Buyers are paying 48@49e for creamery butter delivered at Indianapolis. Butterfat—Buyers are paying 460 for creßm delivered at Indianapolis. PRISONERS HOLD ELECTION. BOSTON. March I.—Deer Island haa held its first political rally. Twelve candidates, all prisoners, marts ringing speeches to their fellow inmates, soliciting votes in their own behalf In the election of five delegates to conduct tbs newlv organized Mutual YVelfars League. -.-J In 1908 Peter Perkins conceived a practical idea which made him financially independent. Now he tells the story of -his experience In a book, “Getting Ahead." It is a fascinating story, and has been the inspiration for thousand* of people to put their raving and iuvesting on a systematic monthly basis. It will be sent FREE if you write for it today. KRIEBELBCQ investment c ß<mien 137 Sooth La Salle Street L CHICAGO J
