Indianapolis Times, Volume 33, Number 256, Indianapolis, Marion County, 5 March 1921 — Page 13
STOCK MARKET 'CL ES STEADY Transaction on Sntall Scale Throughout Session. L NEW YORK. March 6.—The stock tnarBet closed steady today. The market a steady tone throughout the rate dealings, with transactions on a small scale. Reading, after moving up to 75%, fell to 74%. Cnited States Steel held around 81%. Chandler Motors continued in demand, closing near its high price of the morning. Atlantic Gulf, after selling above 42, tell to 41%. Studebaker reacted fractionally to 59%. Baldwin held within a narrow range, from 89 to 39%. Total sales of stocks today were 221,600 shares; bonds. $5.007.000. Total sales of stocks for the week were 2,874,400 shares; bonds, $52,559,000. (By Thomson & McKinnon) —March* 5 This has been one of the dullest market Lsessions in some time, relieved only by ■some activity in Reading. There was n j Bbir rally in the stock with the demand i Hnostly from the local trading element. Jprhich probably represented short cover-1 Mug to a large extent. Several explanations Were offered front : this strength. One was that one of the | subsidiary coal companies is expected to: declare a substantial cash dividend. The 1 other, and more plausible, rea on is the expectation of a change in the plan of dissolution, which will deal more liberally with the common stock. The rails generally were fairly steady. In a few some Improvement in quotations was noted. Industrials were very inactive. There was an absence of offerings, and apparently no demand, though market observ- i ers agreed that the local short element were more Inclined to cover. The news of the day presented nothing of a market-making character, though press comment was as a rule very favor- j able in the construction placed on the in- ! augural address of President Harding. There is still an uncertain feeling with j regard to steel and iron prices, and it i looks as though the Cnited States Steel Corporation will have its own way for the present at least and one of the lead- j ing Independents have actually advanced : quotations to the level maintained by the j big company. Commercial agencies note improvement In a few lines, and this improvement should gradually extend and become more general. We -‘Teel that the market tas discounted all that 1s unfavorable. TWENTY STACKS AVERAGE. NEW YORK. March s.—Twenty Industrial stock* averaged 75.11, off .12 per cent. Twenty active rails averaged 73.22, up .27 per cent. CLEARING MOUSE STATEMENT. NEW YORK. March s.—Exchanges, $633,580,604; balances, $61,273,138- Federal Reserve Bank credit balances, $44,474,196. Money and Exchange Indianapolis bank clearings f>r Saturday were $2,605,000 and for the week $16,565,000. NEW YORK, March K—The foreign exchange market opened weak today with remand sterling lc lower at $3.58%. Franc cables yielded 6 centimes to 7.17 c for cables and 7.16 c for checks. Lire cables were lc lower at 3.67 c for cables and 3.66 c for checks. Marks yielded 1 point to 1.62 c. Belgian cables were 6 i-entimes lower at 7.50 c for cables and 7.49 c for checks. Guilder cables were 6 points lower at 3.423 c for cables. Swedish cables were 3c higher at 2.238 c and 2.233 c for checks. NEW YORE CALL MONEY. NEW YORK. March 4 Money—Call money ruled 7 per cent; high. 7 per cent; low, 7 per cent. Time rates steady, all 6%@7; time mercantile paper steady; sterling exchange was steady with business in bankers' bills at 389% for demand. NEW YORK BANK STATEMENT. NEW YORK, March s.—Average: Loans, decreased, $6,248,000; demand deposits, increased, $20,142,000; time deposits, increased. $1,214,000; reserves, increased, $1,824,070. Actual: Loans, decreased $17,782,000: demand deposits, increased s2l ,415,(Xj0 ; time deposits, increased $1,914,000; reserves, decreased, $10,357,330. MOTOR SECURITIES. (By Thomson & McKinnon.) —March 5 —Opening— Bid. Ask. a®riscoe , 15 17 f Chalmers, pfd 1 1% Packard, com J 1 11% Packard, pfd 70 75 Chevrolet 100 400 Peerless 23 25 Continental Motors, com 5% 6% Continental Motors, pfd 85 90 Hupp, com 12% 13% Hupp, pfd 88 92 Reo Motor Car 22% 22% Elgin Motors 5% 6% Grant Motors 33% Ford of Canada 270 280 United Motors 33 63 National Motors 4 6 Federal Truck 21 22 Paige Motors 19% jjou. Republic Truck 20 22^ ACTIVE OIL STOCKS. (By Thomson & McKinnon) —March 5 —Opening—- . Bid. Ask. Anglo-American Oil 17% 18 Atlantic Refining pso 30C30 Borne-Scrymser 3SO 400 Buckeye Pipe Line 82 84 Chesebrough Mfg Cons 190 200 Chesebrough Mfg Cons pfd.. 100 104 Continental Oil. Colorado.... 110 113 C'oßden Oil-and Gas 5% fl Crescent Pipe Line 30 32 Cumberland Pipe Line 135 145 Elk Basin Pete 9 9% Eureka Pipe Line 98 101 Galena-Signal Oil, pfd, new.. 92 &. Galena-Signal Oil. com 44 46 Illinois Pipe Line 165 170 Indiana Pipe Line 84 86 Merritt Oil 12 12% Midwest Oil 1 1% Midwest Reflniqg 139 141 National Transit 27 28 New York Transit ISO 158 Northern Pipe Line 94 98 Ohio Oil 280 285 Penn.-Mex 32 37 Prairie Oil and Gas 375 355 Prairie Pipe Line 198 205 Sapulpa Refining 4% 4% Solar Refining 395 410 Southern Pipe Line 108 106 South Penn Oil 220 225 Southwest Penn Pipe Lines.. 68 72 SUn Oil Cos. of Cal 303 306 Stan Oil Cos. of ind 69 09% Stan Oil Cos. of Kan 580 @>o I Stan Oil Cos. of Ky 410 420 bun Oil Cos. of Neb 410 423 I tan Oil Cos. of N. Y 330 335 Iran Oil Cos. of Ohio 3*o 400 Swan & Finch y V) 50 Union Tank Line 106 110 Vacuum Oil 310 315 Washington Oil 28 32 NEW YORK CURB. By Thomson & McKinnon.) —March 5 - < —Closing— Bid. Ask. Curtis Aero com 3 5 C'njtis Aero com 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.... 15 15% Nipisaing 7% 7% Indian Pkg 33% Royal Baking Powder 113 116 Royal Baking Powder pfd.. 79 83 Standard Motors 7 7% Salt Creek 24 30 Tonopah Extension 15 10 17-16 Tonopah Mining 1% 1% •United P 8 new 1% 1% *U. 8 Light and Heat 1 1% U. 8. Light and Heat pfd... 1 4 Wright-Mattin 4‘ 6 World Film 1-16 316 Yukon Gold Mine Cos 1 1% Jerome % 3-10 New Cornelia 15 18 United Verde 36 28 Sequoyah 5-16 7-16 Omar Oil 2% 2% Republic Tire % 1
Stock Market Review NEW YORK, March s.—The Sun’s financial review today said: "Today’s short session of t l ** stock market was reflective neither of passing news development nor yet of positive technical position calling for initiative in any direction. Trading was very dull so far as the general list was concerned. “The list merely marked time to the closing. There was only the most idle sort of see saw business in the second hour, which led to nowhere at all. "Tne best that could be said was that prices held in a way to compare favorably with the Friday levels. Government war bonds were under some pressure. Cotfon was - N. Y. Stock Prices AJax Rubber.,.. 28% 28% 28% 25% Allis Chalmers.. 35% 34% 35% 35 Am. Agricul.... 48 47% 47% 48% Am. Beet Sugar 45 43% 44% 46 Am. B. Mag. Cos. 53% 53% 53% 53 Am. Car. A Fdy.124% 123% 123% 123% Am. Can 29% 29 29 29 Am. H & L com. 9 9 9 8% Am. II & L pfd. 45 44% 44% 44 Am Drug 6% 6% 56% 6% Am. Inter. Cor. 45% 44% 44% 45% Am. Linseed... 50% 50 50% 49 Am. Loco 87% 85% 86 86 Am. S. & Ref.. 41% 41 41% 41% Am. Sugar Ref. 9i% 92% 92% 93 Am. S. Tob. Cos. 86% 84% 85% 87 Am. Steel Fdy. 29% 29% 29% 2*.*% Am. Tel. & Te 1.101% 101 101% 100 s Am. Tobacco. ..120% 118% 118% 120% Am. W001en.... 64% 63% 63% Asso. Oil 98 98 98 98% Ana. Min. C 0... 38% 38% 38% 38% Atchison 82% 82 % 82% 81% At. Gulf & W.I. 41% 38% 40% 43% Baldwin Loco.. 90% 88% 89 89% B & O 34 84 34 33% Beth. Steel <B). 57% 56% 57 57 Bk. Rap. Tran. 12% 12% 12% ..... Can. Pac. Ry. .114% 114 114 114% Cent. Leather.. 39 3s % 38% 38% iChandler Mot.. 69% 67 68% 66% C. A O 50% 59% 59% 59% C.. M. A St’ P.. 28 27% 2% 2.%: C.M. & SLP.pfd. 42% 41% 42 41% > Chi. &N. W... 08 67 % 68 6o s 1 C., R. I. A P... 28 27% 27% 2i% , 'Chili Copper... 11% 11 li% 11% j ; Chino Copper... 21*5 21% 2$ 21% ! Coca Cola. . 21% 21% 21% 21% Columbia Gas... 69% 59%* 59% 59% Columbia Graph 8% 8% 8% 8% j Consolidated C1g.54% 50 61 52% I I Cont’l Candy Cos. 1% 1% 1% ! Corn Products.. 72 70% 71 71% ! Crucible Steel... 96 92% 94% 1 Cuban Am. Sug. 31 30% 30% 61% ; Cuba Cane Sug 23% 23 23 ... | Dom. Mines..... 16 15% 16 45% : Erie 13% 13% 13% 13% Erie Ist pfd.... 20 19% 19% 1% 1 Famous Players. 68% 61 67% 67% , Fisk Rubber Cos. 14% 14% 14% 14% ; General Asphalt. 58% 55% 57**i 57 General Cigars . 62% 61% 61% • •••• | General Eleclrlc.l3l 131 131 131 ! General Motors. 13% 13 13 13% 1 Goodrich 37% 37% 81% 87% Gt. Northern pfd 75% <4% <4% 74% j Great North. Ore 32% 31% 81% 31% ' Gulf States Steel 31 31 31 Houston Oil 69 68 69 • •••• Inspiration Cop. 33% 33% 83% 83% i Interboro Corp.. 4% 4% 4% 4% Inter. Harvester. 97% 97% 9i% Int'l Nickel 15% 15% 15% ..... [lnter. Paper 55% 54 5o 55 I Kan. City South 24% 28% 24% 23% Kelly-Sprng Tre 40 88% 88% 09% Kenuecott Cop. 17% 17% I<% 17% Lack. Steel 55% 55 55% 55 Lehigh Valley... 52% 52% 62% ..... ! Loews Inc 16% 16% 16% 16% Marine com 14% 14 14% 14 Marine pfd..... 51% 51 61 .... Max. Mot. com. 5% 5% 5% .... Mex. Petro .—158% 145% 155% 15i Miami Copper.. 18% 18 18 .... Mid. S. Oil 13% 13% 13% 13% ; MiJv. Steel 81 30% 30% 30% ;M„K. A T 2% 2% 2% 2% Mo. Pac. Ry.... 19% 18% 10 18% ! Nev. Con. Cop.. 10% 10% 19% 10% N. Y. Airbrake.. 81 80% 81 New Haven i9% 19 19% 19 i Norfolk A West.loo 99 • 99% 99% Nor. Pacific.... 82% 81 81% 81 I Ok. P. A R.Co. 3% 3% 3% 3% Pacific OU 31% 31% 31%, 31% ! Pan-Am. Petro. 75% 74 74 74% Penn. Ry ’38% 38% 38% 38%' People's Gas.... 40 38% 518% 39 Pie ce-Arrow ... 27% 26% 26% 26%, Pierce Oil C 0... 10% 10% 10% 11 ! Pitts. Coal 58% 58 58% 58% I Pull. Pal. Car.. 105 105 105 105% ; Pure Oil 33% 33 33 33% ! Ray Copper 12% 12% 12% 12% Reading 73% 72% 73% 73% 1 Rep. I. A 5.... 66% 65% t?.% 66 It. Dutch N. Y. 61% 60 60% 59% j S-Roebuck 78 77 % 78% 78 I Sinclair 23% 22% 23 23 Slos-S. S. A 1.. 48% 48% 48% 49 Southern Pac. . 76% 76 76% 76% Southern Ry. .. 22 21% 21% 21% Std. OU N.J. pfd . 106% 106% 106% 100% St. L.AS. F. com. 23 22% 22% 22% Stromberg Carb. 34 30% 31%% 23% Studebaker .... 60% 59% 59% 59% TeXHS Cos 41% 41 41% 41% Texas A Pac. .. 23% 23% 23% 23% Tob. Product* .55 53% 53% 54% Trans. Oil 8% 8% 8% 8% Union Oil 20% 20% 20% 20% Union Pac 120% 120% 120% 120% Utd. Rtl. Stores 54% 63% 53% 54% U. S. F. P. Corp. 22 20% 21% 22% Utd. Fruit C0...103% 101 101% 102% U. S. Ind. Alco.. C 9 68% 69 68 U. 8. Rubber .. 68 66% 67% SI U. S. Steel .... 82% 81% 81% 82 U. S. Steel, pfd.. 109% 109% 109% 109% Utah Copper .. 49% 49 49% 49% Van. Steel 34% 33% 83% 34% Wabash 8% 8 8% 8 i Wabash Ist. pfd. 21% 20% 20% 21 W Maryland .. 10% 10 10% 10 West. Elec 46% 46% 46% 46% WUlys-Overland 7% 7% 7% 7% Worth. Pump . 48% 46% 46% .... NEW YORK LIBERTY BONDS. —March 5 • Prev. High. Low. Close. Close. L. B. 3%s ... 91.10 91.02 91.02 91.02 L. B. Ist 4s 86 90 L. B. 2d 4s . 66.70 86.56 86.56 86.80 L. B Ist 4%5. 87.16 87.00 87.00 87.00 L. B. 2d 4%5. 86.82 86.76 86.80 86.94 L. B. 3d 4%5. 90.26 90.10 90.20 90.14 L. B. 4th 4%s 8706 86.98 87.02 87.16 Victory 3%s . 97.52 97.50 97 50 97.52 Victory 4%s . 97.52 97.48 47.48 97.48
CHICAGO STOCKS. (By Thomson & McKinnon.) —March 5 Open. High. Low. Close. Armour pfd 92(4 Carbide & Carbon. 53% 54% 53)4 54% Libby 11(4 11 % 1114 1114 Montgomery-Ward. 18 National Leather.. 8(4 8(4 8% 8% Stewart-Warner ... 32(4 Swift & Cos 1(H Swift International 25 T 4 Armour Leather... 12% NKW YORK WOOL MARKET. NEW YOKK, March f..—Wool was firmer today. Domestic fleece. XX Ohio, was quoted at 24(g45c per pound; domestic pulled, scoured basis, 18f<t75c, and Texas domestic, scoured basis, 404482 e. NEW YORK RAW SUGAR. NEW YORK, March 5. —Raw sugar was steady today, with Cubas quoted at 5.77 c per pound, duty paid, and Porto Ricos, 5.77 c per pound, duty paid. NEW YORK REIT NED SUGAR. NEW YORK. March s.—There was little changevin the tone of the refined sugar market trom that of the day be fore. Pine granulated was quoted ut 7.75 c per pound. NEW YORK HIDE MARKET. NEW YORK, March 5. —The hide mar ket was quiet and Ann today, with native steersjquoted at 12%c and branded steers at 10c! NEW YORK PETROLEUM. NEW YORK, March 6. —Petroleum was weak today with Pennsylvania crude quoted at S3 per barrel. CHICAGO PRODUCE. CHICAGO. March s.—Butter—Creamery extras, 48(4&49c; creamery first, 45%c; firsts, 39(a47c; seconds, 30^36■. Eggs—Firsts, il (4c. Cheese— Twins. 25<4c; young Abericms, 25 (4 c. Live poultry—Fowls, So'4c; ducks, 30c; geese, 24c; spring chickens, 32c; turkeys, 40c: roosters, 22 c. Potatoes—Receipts, 67 cars; Wiscousin and Minnesota, $1.2041 1.35. CLEVELAND PRODICE. CLEVELAND. March 5 —Butter—Extra, in tul>s, 57%Q58c: prints, 58(4@59e; extra firsts, 56bj%57c; firsts, 57%c; seconds, 45(*i@48b|C; packing. 14fel6c: fancy dairy, SOQliSe. Eggs—Fresh gathered northern extras, 88c; extra firsts, 37c; Ohio firsts, new cases, 36(4c; old cases, 30c; Western firsts, new cases, 35c. (Case contains thirty dozen. Poultry—Live, heavy fowls, 33&34e; roosters, 224423 c; spring chicken*. 334434 c; thin grades, 28 , ®32c.
SOME HOGS 15 CENTS LOWER Light Receipts Features Live Stock Market., RANGE OF HOG PRICES. Good Good Good Fob. Mixed. Heavy Light. 28. 10.00 @10.50 $9.50 @IO.OO [email protected] March 1. [email protected] [email protected] [email protected] 2. [email protected] [email protected] [email protected] 3. [email protected] [email protected] [email protected] 4. [email protected] 10.75 @ 11.00 [email protected] 5. [email protected] [email protected] [email protected] Hog prices were steady to 15 cents lower at the opening of the local live stock exchange today, with a top of sll 60 | on good light hogs and the buik o£ sales for the short market at sll@ll-50. Practically "all grades were steady in cases and lower in cases. The difference in prices—was founded mostly on the quality of the hogs. Receipts for the day approximated 0.000 fresh hogs, with only a limited number left over from the market of the day before. There was not the rush on the market that featured the opening of the Friday market, but the shippers hung back, waiting for the local packers to set the price schedule. Buying was of a general nature. With light receipts at 250 and only a moderate demand cattle prices wer' no more than steady. Calf prices were steady with the close of the market of the day before, but 50 cents to $1 lower than the opening of the sifme market. ~ • „„„ There was a regular top of Sl3, with ; a few odd sales at $13.50, while the bulk of the choice calves brought $12@13. Good I calves generally brought sll@l2 and mediums, s9@ll. There were no sheep and lambs on the market. HOGS. Best light hogs, 100 to 200 lbs. „„ flvpmcp 11.*h) 200 to 300 lbs [email protected] Over 300 lbs 9.90(0 10.40 Sows 8.250jt 0.20 Best pigs, under 140 lbs 10.50® 11.30 Bulk of sales 11.00(0,11.40 j CATTLE. Prime cornfed steers. 1.000 lbs. and up Good to choice steers. 1,200 t“ 1,300 lbs 9.00® 9.20 Good to choice steers, 1,100 to 1,200 lbs B.oo® 8.50 Medium steers, 1,000 to 1,100 U,b 7.75® 8.50 Common to medium steers, . _ 800 *to 1,000 lbs 6.00® 7.00 —Heifers and Cows — Good to choice heifers B.oo® 9.00 Medium heifers 6.50® 650 Common to medium heifers . 4.50® 5.50 Good to choice cow* 6.00® 7.|io Fair to medium cows 4.50® 5.50 Gutters 3.25® 4.25 Canners .' 2.50® 3.25 —Bulls — Good to choice butcher bulls. 5.50® 6.25 Bologna bulls 5.00® 5.50 Light common bulls 4.00® 5.00 j —Culves— I Choice veals.. 12.00® 13.00 Good veals [email protected] Medium veals 9.00® 11.00 1 ’Lightweight veals 6.0'K0 9.00 Common heavyweight calves. 4.00® 8.00 1 —Stockers and Feeders — Good to choke steers, under 800 lbs 7.25® 8.25 Medium cow* 5.00® 5.25 Good cews 5.25® 5.75, Good heifers 5.75® 0.25 Medium to good heifers 5.25® 6.25 : Good milkers 50.<X>® 100.00 Stock calves, 250 to 450 lbs.. 5 25® 8.25 SHEEP AND LAMBS. Good to choice sheep 2.00® 3.00 Fair to common 1.50® 2.00 Bucks 2.00® 2.50 Cull sheep I.oo® 1.50 —Lambs— Common to choice yearlings.. 4.50® 0.00 Spring lauihs 01)0® £.OO
Other Livestock CHICAGO. March Hogs- Receipts. 9,000; market, 15®25c lower; bulk, $9.75® tO.oo; outchers, $9.75®10JU; packers. $8 50®9 50; lights, $J 0.5001!10.90; Tdgs, $9.75® 1090; roughs, $H.25®8.50. - Cattle— Receipts, 1,000; uiurket, steady; beeves, $8®10.;0; buechers, s6@lo; canucrs and cutters, 52.75®'6; Stockers and feeders, 56.25®9.50; cows, $5®H,25; calves, $9.59® 12.75. Sheep—Receipts. 7,000; market, steady; lambs, $6.50® 10.50; ewes, $2.25® 6.50. CINCINNATI. March 5.- Hogs Receipts, 1.70 O; market generally steady; heavy hogs, $10.25® 11 ; mixed, $11.25; mediums and lights, $11.50; pigs, $10.25; roughs, $8.25; stags, $6. Cattle—Receipts, 350; niarget genarally steady; bulls, slow; calves, weak at sl3. Sheep and lambs —Receipts, none. CLEVELAND, March s.—Hogs—Receipts. 2.000; market, lOc-uip; yorkers and mixed, $11.35; mediums, $10; pigs, $11.35; toughs. $7.50; stags, $5.50. Cattle—Receipts, 160; market steady. Sheep and lambs—Receipts, 000; market steady; top, $10.25. Calves—Receipts. 800; market alow; top, sl4. PITSBURGH, March s.—Cattle—Receipts light; market steady; choice. slo® 10.25; good, $9.25®9.75; fair, $8.50®8.75; veal calves, $13.50® 14. Sheep anil lambs —Receipts light; market steady; prime wethers. $6.75@7; good, SC®6.SO; mixed fair, [email protected]; spring lambs, sli)^>o(ifi 10.75. 11 )gs Receipts, 15 double decks; market lower; prime heavies, $10.50® 10.75; mediums, heavy yorkers, light ••> r and jugs, $11,75®11.85; roughs, $7.50®8.75; stags. $5®5.50. EAST ST. LOUIS, ill., March s.—Cat-tle--Receipts, 400; market steady; native beef steers, $8®9.25; yearling beef steers and heifers, sh®B.7s; stockers and feeders, $6.25®6.75; calves, slo® 11.50; eanners and cutfers. $3.50®4. Hogs Receipts, 6.500; market, 25@33c lower# mixed and liutchers, $10.50® 10.65; gooil heavies, $9.40®10; rough heuvies, $7.75® 8.25; lights, $10.6.5® 10.85; pigs, $10.25® 10.85; bulk of sales, $10.60® 10 85. Sheep - Ri>ceipts none, ewes, $5.50®'5.75; lambs, slo® 10.75; eanners and cutters, sl®3. EAST BUFFALO, March 5.-CatHie Receipts, 75; marke.t active; shipping steers, $9.25®10; butcher grades. $7.50® 9.25; cows, s3® 6.75. Calves—Receipts, 250; market slow. 50c lower; culls to choice, ss®ls. Sheep and lambs—Receipts, 2,000; market slow, lower; choice lambs, slo® 10.25; culls to fair, [email protected]; yearlings, $8®8.50: sheep, $3®7.50. Hogs —Receipts, 3,200; market active, steady; yorkers, 811.90® 12; pigs. sl2; mixed, sll.oo® 11.75; heavies. $10.50® 11; roughs, [email protected]; stags, $5.50®6.50. —————— . In the Cotton Market NEW YORK, MarCh s.—l Tie eottonnmrket opened steady,, 7 points lower to 3 points higher today. Trading was narrow and featureless. Prices worked lower after the start under Southern hedge selliug from spot firms. \ New York cotton opening: May, 11.70 c; July, 12.05 c; October, 12.60 c; December, 12.78 c; January, 12.93 c. Therp was considerable liquidation bite in the day. The close was barely steady at a net decline of 10 points to a net advance of 2 point*. LIVER POL. March s.—Spot cotton was quiet Friday, with prices steady and sales close to 3,090 bales. American middlings fair, 10.27d; good middlings. 7.31 a nd; middlings, 6.56<1; low, 5.66d; good ordinary, 4.41d; ordinary, .",.86i. Futures opened sleudy. INDIANAPOLIS PRODUCE. Eggs—Fresh, loss off, 28c. Poultry—Fowls, 26@27c: springers, 22c; cooks, 16c; stags, luc; old tom turkeys, 37c; young tom turkeys, 12 lbs and up, 42c: capons, 7 lbs and up. 42c; youug hen turkeys, 8 lbs and up, 42c; cull, thin turkeys not wanted, old tom turkey*, 87c; ducks, 4 lbs and up, 25c; duck*, under 4 lbs, 2Uc; geese, 10 lbs and up, 20c; squabs, 11 lbs to dozen, 17; guineas, v o> sote, per doz. *O. Butter-Buyers are paying 53c for creamery butter delivered at Indianapolis. ButterTat—Buyers are paying 48c for cream delivered at Indianapolis. WHOLESALE FEED PRICES. The following are today's wholesale market prices for beef cuts as sold on the Indianapolis markets: Riba—No-2, 26%c; No. 3,17 c. Ijoins— No. 2, 330;*N0. 3,21 c, Rounds —No. 2. 22c; No. 3, kSc. Chucks—No. 2,18 c; No. 8,11 c. Platts—No. 2. 12c; No. 3, M)c.
INDIANA DAILY TIMES, SATURDAY, MARCH 5, 1921.
GRAIN PRICES FINISH LOWER Heavy Selliijg and Good Crop Reports Factors. CHICAGO, March s.—Grain prices dropped oft thte Chicago Board of Trade today, due to a lack of demand and general heavy selling. Good rains in the Southwest were reported ns helping crop conditions. Tfade was light and dull. Provisions were higher. March wheat opened down %c at $1.73 j and lost 2c additional at the close. Muy . wheat, opened up %c at $1.64% and was i off another 2%c at the close. May corn was unchanged at the open- ' ing at 71%c, but lost %c before the close. July cofn opened off %c, at 73%c, and dropped %c more at the close. May oats opened at 46%c, unchanged, and gloscd off %c. July oats offeued down %c, at 73%c, and closed down an additional %e. (By Thomson & McKinnon.) —March 5 Wheat—A distinctly slow demand for cash wheat and forecast of rain or snow j over the major portion of the wheat belt, j brought a little realizing In today’s mar- I ket. A small amount of flour for export , was sold late yesterday, but no evl- , donee of any business today. Premiums for hard winter wheat u'ero about 1 cent | lower, and for soft winter wheat from 1 1 to 2 cents lower, with low grade spring almost unsalable. There has been some selling of the March delivery “by eash handlers, probably against purchases from the country. The immediate market is not likely to develop any important action unless the weather remains unfavorable. In case the predicted precipitation does not appear In the weather j map of Monday there may be firmness, j while on the other hand good rains, espe- 1 dally in Kansas, would result lu lower i prices. Nothing das developed to suggest any strong trend In prices either j way. The entire trade is awaiting the j report on reserves, but of still greater | Importance will be the weather conditions : over the winter wheat belt. Corn aifd Oats—There is a better dis- | tributlng demand for oats but no Un-| provement In corn. There is not sufficient ! demand in either grain to bring relative , strength in the cash market. Deliverable i iH’adcs of corn are selliug at 5 cents and I more under the May delivery and the I movement from the country exceeds the j demand. Ideas of higher prices nre de- j rived frciiu tha farm feeding value but the worth of corn ns converted tuto hogs I has nothing whatever to do with the price rs the present accumulation in the commercial market. Provisions—Lower hogs as well as the i action of corn were influential In the pro- | vision market. There Is a rather brisk demand for fresln meats and but little, if any. improvement In the foreign outlook. % CHICAGO GRAIN. —March 5 WHEAT— Open. High. Low. Close. March... 1.73 1.73 1 70% 1.71 May 1.64% 1.64% 1.61% 1.62 CORN— May 71% 71% 71% 71% July 73% 73% 73% <3% OATS — May 46% 46% 46 46% July 47% 47% 47 47% PORK—•May 21.80 LARD— May 12.25 12 30 12.25 12.30 July 12.65 12.70 12.05 12.70 RIBS— May 11 72 11 77 11.72 11.77 , July 12.12 12.12 12.10 12.12 RYE— May 1.47 1.47% 1.45% 145% July 1.30 1.30% 1.28% 1.28% •Nominal. CHICAGO CASH GRAIN. ' CHICAGO, March 's Wheat-No. 1 hard^wiuter, ¥1.77®1.77%; No. 2 hard i winter, $1.73; No. 3 hard winter, $1.71%; , No. 1 northern spring, $1.76; No. 2 northin' 'spring, $1.75%; No. 3 spring, $1.65%. Corn No. 3 mixed, 05%®i.0%c; No. 3 white, 66®66%c; No. 3 yellow, 6o® 65c; No. 4 mixed, t'3@64c; No. 4 white, 63%®63%c; No. 4 yellow, 63%@64%c; No. 5 white 62%c; No. 5 yellow. G2%@ 63c. Oats No. 2 white, 45%@46%c; So. 3 white, 45%@45%C. TOLEDO CASH GRAIN. TOLEDO. March 5 Wheat—Cash and March, *l*s; May, $1.85. Corn—No. & yellow, 72%c. Oats—No. 2 white, 4U%@ Rye No. 2, $1.59. Barley—Cash ; No. 2,79 c. Clover *eed -Cash <19201, ! $12.05; March, sl2; April. $10.05; October, ■ $9.95, Timothv — Cash (1918), old, $2.60; cash <1919, old, $2.70; cash (1920), new. ; and March, $2.75: April, $2.85; May, $2.90; : September, $3.15. Alslke—Cash (new), $15.30; March. sl4. PRIMARY MARKETS. Wheat Corn. Oats. —March 5 Chicago 36,000 603.000 242.000 Milwaukee ... 81,000 162,0tiu 28.000 Minneapolis... 499,000 80,000 81.000 Duluth 28,000 12,000 :.000 St. Louis 89,000 161,(W0 110,000 Toledo 7,000 21,000 10.000 Detroit- 4.000 6,000 Kansas City... 301,000 158,000 24,000 Omaha 70,000 133.000 '32.000 Indianapolis... 5.000 116.000 68,000 Totals 1,070.000 1,446,000 640,000 Year ag0.... 341,000 787.0UG 580,000 —Bhlpments - Chicago 34,000 350,000 166,000 Milwaukee ... 11,000 110,000 47,000 Minneapolis... 126.000 55.000 59,000 Duluth 19,000 St. Louis 92.000 154,1KK) 97,000 Toledo 7,000 I Detroit 2,000 2,000 4,000 City... 203,000 26.000 27,000 Om’iha 54,000 91.000 20.000 Indianapolis... 3,000 28,000 20,000 Totem 514,000 810000 447,000 Year ag0.... 446.000 764,000 697,000 —Clearances— Domes. W. Corn. Oats. Philadelphia.. 21,000 New Orleatis. 365,000 Totals 388,000 Year ag0.... 50,000 INDIANAPOLIS CASH GRAIN. March 5 Bids for cor lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat--No sales. Corn—Easier; No. 3 white, 67%®68%c; No. 4 white, 65®65%c; No. 5 white, 63® 64c; yeilow, 60%@C0%c; No. 5 ye-llow, 64® 65%c; No. 4 mixed, 64®65%c; No. 5 mixed. 62%®63%c. Oats—Easier: No. 2 white., 47@47%c; No. 3 white, 46<f147c.‘ Ilay—Weak ; No. 1 timothy. S2O ,V>@2l; No. 2 timothy, $2<>®20.50; No. 1 light clover mixed, $19.50@20; No. 1 clover hay, sl7® 18. / —lnspections Whet—No. 2 red, 4 cars; No. 3 red, 1 car: total, 5 cars. Corn —No. 3 white, 12Vars; No. 4 white, 12 cars; No. 3 yellow, 9 cars; No. 4 yellow, 31 cars; No. 5 yellow, 5 cars; No. 6 yellow, 2 cars; sample yellow. l*car; No. 3 mixed, 1 car; No. 4 mixed. 7 cars; No. 5 mixed, 3 cars; total, 83 ears. Oats—No. 1 white, 11 curs; No. 2 white, 16 cars; No. 4 white,T car; sample mixed, 1 car; total, 29 cars. Hay—No. 1 timothy, 1 car; No. 1 clover mixed, 1 car; total, 2 cars. BOARD OF TRADE STATEMENT. The weekly statement of the Indianapolis Board of Trade, showing the output of flour by local mills. Inspections for the week and stock in stdre, follows: COMPARATIVE STATEMENT. Output of Flour — Barrels. Mar. 5, 1921 6,555 Feb. 26. 1921 * 8,935 Mar. 0, 1920 T' 11,812 Mar. 7, VJV/. 13,318 Inspections for Week— —Bushels — f In. Out. Wheat 44.000 3,000 Corn 685,000 172,000 Oats 291,000 112,000 Rye 1,400 1,400 Hay, 10 cars. —Stock in Store Wheat. Corn. Oats. Rye. March 5, 1921. 78,960 443,780 325,000 1,000 March 6, 1020 . 399.330 510.000 95.510 8.900 March 7, 1910. 113,050 394.940 142,2*0 5,010 HAY MARKET. The following are the Indianapolis prices for hay by the jvagon load: Hay—Loose timothy, new, s2l @22; mixed hay, new, $19@21; baled. $21@23. Oats—Bushel, new, 45@47c. Corn—New, 65@68c per bushel. WAGON WHEAT PRICES. Indianapolis flour mlils and elevators today are paying $1.70 for No. 1 rad winter wheat, $1.67 for No. 2 red and j $1.64 for No. 8 red.
Local Stock Exchange ( —March 5 STOCKS. Bid. Ask. Indiana Ry. & Light Cos. com W Indiana Ry. & Light Cos. pfd. 84 86 Indpls. & N. W. pfd 75 Indpis. Si S. E .pfd. 75 Indpls. St. Ry. 55% 60 T. H„ T. & L. Cos. pfd 70 T. H., 1. & E. com 2 6 T. H., I. & E. pfd 10 19 City Service, coin City Service, pfd U. T. of ina. com 1 IT. T. of Ind. pfd 6 16 U. T. of Ind. 2d pfd 2 Advunce-Runtely C’o., com Advanee-Rumel.v Cos. pfd.... 49 Am. Central Life 235 Am. Creosoting Cos. pfd 89 ... Belt R. R-, com 60 66 Belt. R. R., pfd 44 Century Bldg. Cos. pfd 90 ... Citizens Gas Cos 29% 33 Dodge Mfg. Cos. pfd 91% ... Home Brewing 55 '... Indiana Hotel com 51 ... Indiana Hotel, pfd 90 Indiana Pipe Line Ind. Natl. Life Ins. Cos 4% .. Ind. Title Guaranty 59 Indpls. Abattoir pfd 60 Imftds. Gas 42 50 Indpls. Tel. Cos. com 6 Indpls. Tel. Cos. pfd 89 Mer. Pub. Util. Cos. pfd 30 Nat. Motor Car Cos 4 10 Pub. Sav. Ins. Cos 2% ... Itauli Fertilizer pfd 45 Standard Oil of Indiana .... 67% 70 Sterling Fire Ins. Cos 7% 9% Van Camp HJw. pfd 90 Van Camp Pack, pfd 92 100 Van Camp -Prods Ist pfd... 90 ... Van Camp Prods 2d pfd.. 90 Vandalia Coal Cos. com 5 Vandalia Coal Cos. pfd 10 Wabash Ry., pfd 19% ... W’abaah Ry., com 7 ... BONDS. Broad Ripple 5s 60 70 Citizens St. Ry. Cos 69 75 Ind. Coke & Gas 6s 100 Indian Creek Coul A Min. Cos. ... 100 Indpls., Col. & So. 5s 88 98 Indpls. & Martinsville 55.. 65 Indpls. Northern 5s 41 44% Indpls. & N. W. 5s 54% ... Indpls. & t>. E 5s 45 ... Indpls , Shie. & 8. E. 5s 70 Indpla. St. Ry. 4s 60 65 Indpls. T. & T. 5s 70 73% Kokomo, M. & W. 5s 76 79 C. H„ 1.. & E. 5s 52 57 U. T. of Indiana 5s 52 59 Citizens Gas Cos 74 81 ind. Hotel 2d (is 90 Indpls. Gas 5s 72% 80 Indpls. L. & H 5s 75 80 Indpis. Water 5s 87 90 Indpls. Water 4s 70 75 Merchants H. A L.... 85 SS New Tel. Ist 6s 94 New Tel. L. D. 5s 93% ... South. Ind Power 6 100 LIBERTY BONDS. Liberty first 3%s 90.92 91.50 Liberty first 4s Liberty second 45... 86.4(1 Liberty first 4%s 86.90 87.20 I.ihej-ty second 4%s 86.80 87.06 Liberty third 4%s 90.20 90 40 Liberty fourth 4%s 86.92 87.20 Victory Loan B%a 97.40 97.70 Victory Loan* 4%s 97.44 97.60 On Commission Row TODAY’S PRICES. Apples—Missouri Jonathans, per bbl„ $8; fancy lUiuots Jonathan, per bill.. $7; eatra fancy Grimes Goiden. per bbl.f $5.50@8; extra fancy Winesaps, per bbl., $9; P.ell Flowers, per bbl.. $5; Baldwins, per bbl., [email protected]; Spies, pe# bbl., $4.50; Home Beauty, per bbl., $8; Maiden Blush, per bbl., $5; Greenings, per bbl, $5.00; choice Jonathans, per bbl, $6 Beans—Michigan navy, in one*, per lb., 4%@5c; Colorado pintos,'ln bags, per lb, b®(C; California llmas. in bags, per lb, B@9e; red kidneys, It. bags, per lb, 10@ 10%o; California llmas, in bags, per lb, B@9c; California pink chill. In bags, per lb, 7@Bc. Beets—Fancy home-grown, per bu, $1.25. Bananas—Extra fancy high-grade fruit, 50 to 60s, per lb, B@B%e. Coco mu ts- Fancy, per doz, $1; per bag of 150, f3. Cabbage—Fancy Northern, per lb, l%c. Carrots—Fancy home-grown, per bu„ 85c. Celery—Fancy Florida. 3 doz. crate, per crate, $3.25: fancy Florida. 4-5 doz. crate, per crate, $3.50; fancy Florida trimmed, per bbl, sl@un Grapefruit—Extra fancy Florida 36*. per box, $5.25; 46s and 545. per box. $6.50; fancy Florida*. 36a, per box. $3.50; 46s and 545, per boxg [email protected]; 64s and 70s, per box, $5.23; 90*, per box, $5.23. Lettuce —Fancy hothouse leaf, per lb, 25c; in barrel lots, per lb. 23c; fancy California iceberg*, per crate, $4.50. Urangea—California, all grades, $3 50 @5.25. Onions—Fancy Indiana yellow or red, per 100-lb. bags, $1.25, fancy Indiana w hite, per 100 lb. bags, $1.40; fancy Spanish, per cate, $2 83. Farsley—F’ancy large Bikes, per do*, sl. Fotatoe*—Fancy Michigan ah'* Wisconsin round whites, per bag, $2 50; 5 or 10-lb l-‘g. per bag, $2.40; fancy Idaho Gems, per bug. $2.50. Radishes -Button, largg 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. 42.50. 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, $2.85. i Oyster Plant—Fancy, per doz., 50c. Leek—Fancy, per doz, 36c. Sago—Fancy, per doz, 45c.
Weather The following table shows the state of the weather at 7 a. in.. March 5, as observed by U. S. weather bureau*: Station. Bur. Temp. Weather. Indianapolis, Ind. . 29.93 51 Rain Amarillo, Tex. ... 29.7S 50 PaCldy Atlanta. Ga 30.32 48 I’tCldy Bismarck, N. D. .. 29.02 22 Snow Boston, Muss 30.32 26 Cloudy Chicago, 111 29.78 50 PtCidy Cincinnati, 0 30.02 52 Cloudy Cleveland, O. ~... 29.06 38 Cloudy Denver,. Colo. .... 29.70 42 Clear Dodge City, Kan. 29.04 50 Clear Helena, Mont 30.04 24 Cloudy Jacksonville, Fla.. 30.28 54 Clear Kansas City, Mo. . 29.70 OO PtCidy Loutsvllle, Ky. ... 30.08 50 Cloudy Little Rock, Ark. . 30.06 52 Clear Los Angeles, CnL . 30.10 52 Cloudy Mobile, Ala 30.26 48 PtCidy New Orleans, La.. 30.22 54 Cloudy New York, N. Y. . 30.32 30 Cloudy Norfolk, Va. 30.34 38 Clear Oklahoma City ... 29.82 60 Cloudy Omaha, Neb 29.56 54 PtCidy Philadelphia, Pa. . 30.34 SO Cloudy Pittsburgh, Pa. ... 80.08 44 Rain Portland, Ore 30.12 3-8 PtCidy RapifrCity, 8. D. , 29.72 40 PtCidy Hosebulg. Ore. ... 30.06 44 Cloudy San Antonio. Tex. . 30.02 62 Cloudy San Franetseo, Cal. 30 04 54 Cloudy St. Louis, Mo 29.88 58 Cloudy St Paul, Minn. ... 29.78 32 Cloudy Tampa, Fla 30.26 56 Clear Washington, D. C.. 30.26 38 Cloudy WEATHER CONDITIONS. The Western storm Is moving slowly eastward and ts now centered over northwestern lowa. It lias caused much warmer weather In its front across the Mississippi and Ohio River States and the. Great lake*, while some precipitation lias occurred in the latter section. There have also been snows in parts of the Northwest and temperature* are a little lower In that region, but the readings there continue above the seasonal average. J. H, ARMINGTON. Meteorologist, Weather Bureau. W HOLESALE FEED AND FLOUR. Ton. Cwt. Acme Bran $30.00 $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 84.25 1,75 Acme H. & M 36.50 1.80 Acme Stock Feed 29.55 1.75 Cracked Corn 34.25 1.73 Acme Chick Feed 42.75 2.20 Acme Scratch 89 75 2.05 Acme Dry Mash .....* 47.00 2.40 Homlick 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 \ 51.00 2.00 Acme Chick Mash .. .N 49.25 2150
BOND ORDNANCE UP MONDAY NIGHT Council to Get Measure for Building Nurses’ Home. After months of delay the ordinance authorizing the $500,000 bond issue to pay for the erection and equipment a nurses’ hoipe at the city hospital will be presented to the city council Monday evening, it was reported at the city hall today. The ordinance would authorize the issuance of the bonds for thirty-year terms I at 5 per cent interest. The board of health, nie legal department and City Controller Robert H. Bryson have been arguing over the character of the bond issue for several weeks. The board of health started the movement to build the home early in 1920, but never received ■ the cooperation from Mayor Charles W. Jewett necessary to advance the project far enough to get actual construction started. More than a mopth ago Harry E. Yockey, assistant city attorney, who acts attorney for the board of health, j prepared the bond issue ordnance, but j Corporation Counsel Ashby held up Its ! presentation t<x the council because the j term and rate of Interest of the bonds | provided In It did not suit him. Plans for the nurses’ home were prepared for the board of health several months ugo. It was said that preparations are complete to let contracts as soon as the bond issue is sold. GETS IN DEEPER INSTEAD OF OUT Man Seeking Habeas Corpus Writ Recommitted. Judge pro tem Clyde Karrer of Superior Court, room 4, today refused a petition for a writ of habeas corpus asked by R<*y Golden, who was fined SSOO and sentenced to six months in jail on a charge of child neglect by Judge Frank Lahr of Juvenile court. Judge Karrer held that the committ- 1 merit on its face did not shoxy error and | was good. He indicated that the petl- i tioner’s remedy was not in a writ of j habeas corpus but in an appeal from the trial court. Counsel for Golden attacked j the Jurisdiction of the juvenile court. Golden Immediately was ordtred re- 1 committed to the custody of the sheriff. He has indicated that he will appeal from the Judgment of Judge Karrer. When Golden was first sentenced he refused at first to take a suspended sentence from Judge Lahr on a promise to live with and support his wife ami child. At that time he declared he would-weiher stay in Jail. A few days later, he was ; released on suspended sentence. Last week he was recommitted on the showing that he had not kept his agreement with the court. Sayler Funeral to Be at Shelbyville Special to Th Times. SHELBYVILLE, Ind, March s.—Funeral services for Dix W. Snyier. 57. who died at Oshkosh, Wis, will be held here ; from the home of biVnleee. Mr. Say let’s death followed a stroke of apoplexy, which he guffered several weeks ago. He' 1* survived by a daughter. Mrs. Benjamin Ilill of this county, Vind one half-brother, Thomas Vannoy of Springfield, Mo. Mr. Sayler formerly lived here and was a prominent business tnun. He had been engaged In the hotel business at Oshfor several years. Bonds Sell Slow Special to The Times. LOO ANSPGRT, Ind, March s—The $250,000 bond Issue of the Revere Motoi Car Corporation floated here 8 month ago. In an effort to realize funds wflth which to liquidate the. outstanding obligations'against the company, has failed, according to an announcement made by the directors of the corporation. A sum of only $75,000 of the needed amount has been raised since the drive was opened, according to officers. However, In a final effort to save the plant from ruin a final mass meeting of the. stockholders of the corporation will be held ndxt Monday night. Officers of the company who were Interviewed stated that it was their opinion that there was but little chance of the plant weathering the storm.
Marriage Licenses Leigh Felton, 822 Buchanan st 29 Margaret Hamilton, 1116 N. Capitol ave. 22 Cnrl Hull, 925 Hervey st 25 Marie Thieluian, 921 Hervey st 21 .Tames A. Tamtam Sheridan, Ind 41 Margaret Fox, 243 Heudrioh place 48 Dudley Woodward, U. S. army 32 Kitty "iteade, 738 Ft. Wayne ave 21 William Rieefc, 326 E. lowa st 28 Bertha Derech, 3007 E. Tenth st 19 John Ambler* 1624 Spruce st 23 Morna Pellam, 1624 SprOce st. ..j 19 Charles F. McPherson, 1820 College ave. 30 Theresa Hollerith, 23 E. lowa 5t..... 23 Bruce .Tones, Mitchell. Ind 46 Selda Spencer, 37 S. Warman 30 Vernon Grlee, Haugh Hotel 40 Margaret Rollins, 11 Virginia apts 42 Theodore Brock, 336 N. Arlington ave. 89 Elizabeth Mills, 636 Adelaide st 36 Eugene Alberty, 920 N. Rural st 22 Dora De Laney, 1102 Mount st IS Charles Parish, 4126 E. Washington st. 22 Katherine Rea, 252 N. Oxford st 19 EL a Deffenbaugh, Chicago 87 Ruth Fillmore, Chicago 21 Roy Amos, Acton, Ind.., 22 Velda Smith, Acton, Ind 20 Births Porter and Mattie Rutland, 1044 W. Twenty-Fifth, girl. William and Rosa Simpson, 424 N. Noble. boy. Clarence and Lula Baker, 732 W. Eleventh, boy. Edward and Ada Hughes, 742 Drake, boy. Roy and Elnora Clayton, 204 Spring, girl. Lawrence and Bessie Smith, 2707 Shelby, girl. O. B. and ’Nellie Harris, 880 W. Elevneth, boy. Adolphus and Valeria Butler, 706 W. Twenty-Fourth, girl. John and Minnie Sherer, Methodist Hospital,* boy. James and Etta Marshall, city hospital, girl. Carl and Thelma Downton, 333 Minerva, girl. Dezll end Jennie Oldham, 1127 Fletcher, boy. Gerald and Margaret R'Tey, 15 N. Highland, boy. William and Dora Botertson, 1511 Martindale, girl. Charles and Mhrgaret Speaker, 1150 Southern, girl. Russell and Hallle Mitchell, 3019 W. Washington, girl. George and Audrey Smith, 906 Goodlet, Kiri. Oscar and Margaret Parker, 1020 W. Pearl, girl. I.uthe. and Ethel Cox, 841 W. Vermont, boya (twins). Robert and Sarah Phelps, citv hospital, girl. J me* and Bell Buchanan, 1038 N. Talbott, boy. ■lames and Misha Hatfield, 1120 River, girl. Deaths John Flannery, 25, 602 North California, lobar pneumonia. Mary O. Davidson, 6, 622 Udell, diphtheria. Barbara Ivimmlck, 3, Long Hospital, cbnnnic meningitis. *larv Harris, 32, 2456 Arseual, acute endocarditis. Martha Pickens, 67, 036 ludlaM, acute gastritis. Geurge Bolander, 70, Methodist Hospital, appendicitis. unfant Hardy, 76 hours, city hospital, premuture birth. Carrie Lewis, 56, 861 Edgemont, chronic interstitial myocarditis. , Harry Scharbrough, ml B days, 2842 Brookside. lobar^pneumoHk. Della Rrummer, CM, fa’KA’right, mitral insufficiency.
Society to Be in Evidence at Boxing_Bouts Athletic Club Events Scheduled Tonight to Aid Hoover Relief Fgnd. Dainty debutantes, diamond studded matrons and dress suited masculine metn'bers of Indianapolis society will turn out in full regalia tonight to witness the “boxing festival” at the Independent Athletic Club, given foi: the benefit of the Hoover relief fund. Ten bouts under the sanction of the Indiana Amateur Athletic Union between lads from Indianapolis, Marion and the Culver Miiltary Academy are scheduled. The club women have taken an aetlve part in the preparations and it probably will be the first event of its type where women have figured prominently in the arrangements and audience. A group of society girls will act as ushers. The committees in charge include; Athletic Committee of the Club —Clarence Sweeney, chairman; Albert R. Coffin, Albeit Feeney, Morris Haines, Charles Wehr and George Llpps. Executive Committee on Arrangements —Mrs. J’ilmes Gordon Murdock, chairman; Mrs. Ralph A. Lemcke, Charles W. Jewett, James G. Murdock, Raymond Van Camp, Henry F. Campbell, Will Bobbs, Thomas Hendricks and Harper J. lianas burg. Patrons and Patrones&s—Mr. and Mrs. Charles W. Jewett, Mr. and Mrs. Henry F. Mr. and JJrs. Robert H. Tyndall, Mr. and Mrs. Samuel 15. Sutphiu, Mr. and Mrs. Raymond Van I amp, Mr. tnd Mrs. John P. Frenzel Jr, Mr. and Mrs. Albert E. Uhl, Mr. and Mrs. Clarence Sweeney, Mr. and Mr*. Samuel T. Murdock, Mr. and Mrs. Meredith Nicholson, r. and Mrs. Will C. Bobbs, Mr. and Mrs. Wallace Lee and-Mr. and Mrs. Harper Runsburg. Assistants to Mrs. Murdock: Miss Mabel Gasaway, Miss Mary Powell, Miss Rosamond Van Camp, Mrs. Reginald Hughes and Mrs. Charles Schaf; aids, Miss Sarah Elizabeth Gasaway, Miss Ruth Perry, Miss Marjorie Roeijiler, Miss Margaret Cothrey, Miss Amelia Henderson, Miss Dorothy Goepper, Miss Mary Lilly, Miss Dorothea Campbell, Miss Mary Jane Perry, Miss Edna Levy, Miss Josephine Lind, Mrs. Donald McLeod, Mrs. Ralph Lockwood, Mrs. William J. Holliday, Jr, Mrs. William Casparis (New York). Miss Lucyanna Joss. Miss Emily McMillan, Miss Dorothy Lewis, Miss Elizabeth lies and Miss Mildred Conklin. The officials will be: Referees—Col. L. R. Gignilliat, commandant Culver Military Academy; Mayor Charles W. Jewett, Earl Meyers, Culver Military Academy, and Ernest Horischer, Indianapolis public schools. Judges—Paul Hawkins, J. E. Clark and Samuel B. Sutphin. Timers —Clarence Sweeney, Albert R. Coffin, Albert Feeney and Morris Haines. Physician—Dr. Kenneth Jeffries. Announcer—George W. Lipps. Clerks—Jimmie Dalton, Alvin Romeiser and Herman Laubis. •The bouts will include two at bantamweight, three at lightweight, two at welterweight and three at heavyweight. Following the boxing contest there will be danaing in the ballroom. Tickets to the contest will be on sale at the clubhouse tonight. WILL NOMINATE FLETCHER SOON Harding Has Name Ready, but Sejiate Adjourns. WASHINGTON, March s.—President Harding will send the nomination of Henry P. F'letcher, nnsylvania, to be Undersecretary of State, to the Senate at the earliest possible moment, it was learned today. The President had intended sending the nomination today, the Senate adjourned until Monday at 11:40. Commissioner of Internal Revenue William M. Williams announced he has submitted his resignation to the President and has asked to be relieved at once. Senators Simple Inaugural The State Se®ue today felicitated President Harding for the simple inaugural ceremonies he caused to be held yesterday in Washington when it adopted a resolution offered by Senator Olive Kline of Huntington. The resolution is as follows : “In these days of h°avy burdens of taxation and war-time reconstruction, together with the call for relief of the starving people of Europe and the Orient, It is most fitting that you requested a simple ceremony for induction into your great offlee. “Therefore, be it resolved, that the Senate of the Seventy-second General Assembly of the State of Indiana commend you for the example of dignity and simplicity you have set for the American people." Governor to Give Corn to Aid Starving Special to The Times. LAFAYETTE, Ind., March 3.—Governor McCray will contribute corn for relief work In the Near East, Poland and China, G. I. Christie, in charge of the gift corn movement for the Indiana Federation of Farnfers’ Associations, announced today. McCray will fill his quota along with other Newton County farmers when they ship their allottment of corn to relieve starvation in Europe. SIOO and 50 Days on Liquor Charge Pete Pluger. 1016 West Pearl street, was found guilty of running an “eyeless swine” and was fined SIOO and costs and sentenced to serve fifty flays on the Indiana State Farm by Judge Walter Pritchard, in city court, today. Pluger was arrested yesterday by Sergeant Tooley and squad at his home, where a three-gallon still was found In operation and about ten gallons of raisin mash also was found. Bridges Blown Up; Irish Town Cut Off DUBLIN, March s.—Tralee was Isolated today when bridges leading to tbs town were blown up In reprisal for siui'lar violent measures by the Sinn Fein recently. A number of prisoners wbo were being taken from Tralee to Cork were released. Sawyer Re-elected Frank K. Sawyer has been re-elected president of the Indianapolis Securities Company, and other officers re-elected as follows: Vice president. Horace B. Hewitt; secretary and treasurer, the two positions having been combined, W. K. Spencer, formarly secretary; F .K. Bohlinger, ’ assistant secretary, and Elmer Johnson, cashier. R. G. Sharpe was elected assistant treasurer, and H. E. Shortemeler and Louts Koss were elected directors. N Horace B. Hewitt, Walter R. Spencer and Frank K. Sawyer were re-elected directors. REPORTS LOSS OF SSCO RING. C. Howland Shearman, 4644 Oeutrtal avenue, reported the theft of a diamond ring to the police today. He saifi ring was valued at SSOO.
12,601,935 BELL PHONES IN U. S. 8,333,979 Are Owned by Associate Companies. At the end of tljF year ended Dee. 31, 1920, the of telephone stations constituting the Bell system in the United States was 12,601,935, of which 8,333,979 were owned by associated companies of the Bell system according to a summary of the annual Teport of the Bell system. Continuing, the summary stated that: “The increase In the total jjsuinber of stations in the Bell system during 1920 amounted to 806,188. The daily average of exchange and toll connections during 1920 was 33.162,006, an Increase of 2.700,000 over the daily average during 1919. “There were 231,316 employes In the associated Bell companies at the close of the year. T£e wire mileage totaled 25,377 404, of which 95.1 per cent was copper. The percentage of Bell-owned wire In undeground cable, exclusive of submarine cable, was 6LB. The underground plant, including cables and conduits, represented a cost of $307,800,000. The net additions to the Bell-owned plant during the year was $147,882,100 an increase of $74,436,100 over the additions made during 1919. “For the whole Bell system, with all duplications excluded, the total gross income for the year was $85,264,976, from which over $37,000,000 was paid in interest, rent and miscellaneous deductions from income, and approximately $40,000,000 in dividends. The surplus earnings for the year were $7,785,486. “The capital stock, bonds and notes payable of the Bell system outstanding in the hands of the public at the close of the year 1920 were $1,107,417,623, while the book cost of the net assets devoted to earning a return on these outstanding securities amounted to over $1,551,000,000. Actual appraisals of the telephone plant "Yu the Bell system made by regulatory bodies for rate-fixing purposes show that the true value of Bell system property greatly exceeds this book cost. “For the American Telephone and Telegraph Company the net earnings of the year, after payment of interest and fixed charges but before dividends, were SSL--821,215.66. Dividends at the usual rate otf $8 per share per -year amounted to $35,376,792.88. Os the resulting balance, $8,000,000 was appropriated to reserve for contingencies and $8,444,422.78 was carried to the surplus account The earnings of the American Telephone and Telegraph Company for 1920 Include, In addition to the earnings of the long-distance lines, dividends on the co'mpany’s investment in stocks of Its associated companies. interest on bonds and notes of and advances to associated companies, interest and dividends from investment* in other ! companies, earnings under the general ; service contracts with associated and other companies for the finishing of instruments and services, and other miscellaneous revenues.” PLAN WELCOME FOR MEXICANS At a called meelng of the directors of the Indianapolis Chamber of Commerce today It was decided that a committee of manufacturers should be appointed to arrange a program and make other arrangements for the welcoming of a party of business men of Mexico that is to make a tour of a number of cities in this country and to wire the party a most cordial invitation to j visit this city. According to word received by the In- ' dianapolis chamber from El Paso and | Jaurez chamber, eleven prominent and inj tinential business men of Mexico left 1 Mexico City, Feb. 28, for a tour of twen-ty-six cities of the United States, includAng Indianapolis. The party is composed of officials of ; Confederated Chambers of Commerce of j Mexlgo, and each of them. It Is explained, i is a representative of big business. ; The party has numerous moving pic* : tures ‘descriptive of Mexico to be exhibj ited for the information of the public, PENNSY SAVES BY SCRAP IRON USE COLUMBUS, Ohio, March s.—ln the month of January the Pennsylvania Rail- ! road loaded and shipped to buyers 4,500 tons of scrap Iron and steel from its scrap dock in Columbus. Tills scrap is made up of metul discarded by its shops in the southwestern region from old rails and lmn wreckage brought in from various parts of the road, and from metal worn out in the operation of the railroad. Only thai/part of the metal which cannot be reclaimed is sold for waste or scrap iron. By combining ona pari of I new spring steel with fifteen pa jets of : old spring steel picked out in the scrap i dock 7,875 rebuilt locomotive springs | were salv-ged last year. Springs are | rebuilt in this way at a cost of 3.4 cents a pound, while new springs cost 10 cents a pound. There are about 6,000 tons of scrap in the dock at the present time. In the year 1920 over 22,000 tons of scrap were sold. This material at the present time is worth only about $lO a ton, but by reclaiming for its own use a considerable part, the Pennsylvania Railroad will save many thousands of dollars which it would otherwise spend In buying new material and paits. Forty-five men are employed at the scrap dock to sort the material deposited there into the parts which can be used again by the railroad, and the parts which are no longer useful. Old bolts are taken Into the blacksmith shop, sorted according to sizes, rethreaded and returned to serice. Old axles are heated, pounded into long Iron bars, and then turned in the machine shop Into new parts for locomotives. Says Felts First to Fire in Trigger War MINGO COUNTY COURTHOUSE, WILLIAMSON, W. Va., March s.—i man who says he stood three or four feet from Detective Albert C. Felts when the ‘'battle of Mntewan' broke out, testified In the gun fight trial today that he saw ,Felts fire the first shot of the battle and that his shot hit Mayor C. C. Testerman. The witness was John Burke, a union miner, and brother of Elijah Burke, who was an Important witness for the State. While the seventeen defendants In the trigger trial were sleeping In their cells In the county Jail last night, six boot* loggers escaped from another section of the prison by crawling through a mansize hole broken In the wail between the door and an iron bar window. Accused of Trying to Sell Stolen Car Archie Dickaon. 24, 2517 Northwestern avenue, wa* arrested today by Detective* Irlck and Giles and charged with vehicle taking. According to detectives, DlAceon stole an automobile from Michigan and Illinois street* yesterday. The car is the property of Ernest Kennlnger, rural route D, box 136. Dickson was arrested, police say, after be attempted to sell the machine to a second-hand dealer in Capitol avenue. NEA I.GOES TO ST. LOUIS. George E. Neal, desk man in the oSco of Frank Brubeek, revenue agent, has been appointed revenue agent in charge of the offlee at St. Louis according to an announcement made today, Mr. Nea* la sou of Elam Neal, formally ooUacteA sf internal ravenu*.
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