Indianapolis Times, Volume 33, Number 263, Indianapolis, Marion County, 14 March 1921 — Page 8

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STOCK MARKET TONE CHANGES Early Pressure Disappeared After Initial Trade. NEW YORK. March 14.—After displaying a steady tone at the opening today, the stock market became unsettled and many Issues broke from 1 to over 3 points. The oil and steel shares sustained the heaviest losses. Mexican Petroleum, after selling up to 145%, had a quick drop to 142. Pan-American Petroleum sold off 2% points to 66. Steel common first advanced % of a point to 78% and then broke to anew low record for the year at 77%. Baldwin, after advancing to 84%, declined to 82%. Crucible yielded nearly 2 points, 84%. Sears-Roebuck fell 2 points to 72%. The rails were also lower. The early pressure against the market disappeared, as It soon became evident that there was an Increased demand for statistics when lower prices were established. Most of the selling on the decline came through houses that have been employed to a great extent by the Palm Beach element. This selling was heavier In Baldwin Locomotive and Mexican Petroleum, but those stocks were bought by stronger interests. Baldwin, after selling down to 82%, had a quick rally to 54% and Mexican Petroleum, which yielded over 3 points to 142%, moved np to above 144. American Sumatra, after Its decline of 2% points to 77%, advanced to 70%. Atlantic Gulf was well held, advancing 1 point to 41%. A special drive was made on United States Steel, which was forced down from 78% to 77%, but recovered Its loss before the end of the first hour. Sears-Roebuck, which dropped 2 points to 72%, rallied to 73%.

(By Thomson & McKinnon.) —March 14— During the first hour of Saturday’s se3. sion there was a resumption of liquidation, but It was not as general as Saturday. Pressure was centered on a Comparatively small number of stocks. New lows were established in a few active issues, but before the session was half over a fairly good demand for stocks developed, and while the buying undoubtedly was largely In the nature of short covering, nevertheless It served the purpose of giving the market an air of greater stability. But so far as we are able to ascertain there Is really no change in market sentiment. The present state of the public mind Is well expressed by a leading commercial agency in Its weekly review. In the statement that "optimism is less marked than when conditions were less favorsble.” Much of the present unrest may be attributed to the uncertainty created by wage cuts, and the effort of the railroads to bring their expenditures within reasonable bounds. That they will have much difficulty In this Is clearly shown by the fact that the Erie was obliged to rescind the order of reductions because of the legal complications Involved. Until a good many of the present problems are solved It probably will be difficult to bring about any important change In the market, and It Is likely that we may still have another period cf liquidation.

CLEARING HOUSE STATEMENT. NEW YORK. March 14— Exchange*, 8456,878.704; balances, $88,012,61)9; Federal reserve bank credit balances, $86,771,129. TWENTY STOCKS AVERAGE. NEW YORK, March 14.—Twenty Industrial stocks averaged 72.76, up .51 per cent. Twenty active rails averaged C 9.56, up .46 per cent. Money and Exchange Indianapolis bank clearings today were $2,150,000, against $2,.'i69,00t> a week ago. NEW YORK, March 14.—The foreign exchange market opened steady today, with demand sterling %c higher at f3.91%. Franc cables were 1 centime ower at 7.08 c; checks, 7.07 c. Belgians, were unchanged at 7.40 c for cables: 7.39 c for checks. Lire cables were 3.69 c; checks, 8.68 c. Guilder cables were 3.44 c; checks, 8.30 e. Swedish cables were 2.265 c; checks, 2.2€0c. Marks were 1.30 c.

MOTOR SECURITIES. (By Thomson & McKinnon.) —March 14— —OpeningBid. Ask. Briscoe 15 IT Chalmers com 1 1% Packard com 11 11% Packard pfd 70 75 Chevrolet 150 400 Peerless 23 25 i Continental Motors com 5% 6% ; Continental Motors pfd 85 90 Hupp com 12% 13Vi ! Hupp pfd 88 62 Eeo Motor Car 22% 22% ! Elgin Motors 5% 6% Grant Motors 33% j Ford of Canada 225 250 United Motors 35 65 National Motors 4 6 Federal Truck 21 22 Paige Motors 20 21 Republic Truck 20 22 ACTIVE OIL STOCKS. (By Thomson S : McKinnon). —March 14— -OpeningBid. Ask. Anglo-American Oil 16% 17 Atlantic Redoing 980 1030 Borne-Scrpmser 375 400 Buckeye Pipe Line 81 S3 Chesebrough Mfg. Cons IS3 200 Chesebrough Mfg. Cons. pfd. 99 102 Continental Oil, Colorado.. 107 111 Cosden Oil and Gas... 5% Crescent Pipe Line 29 31 Cumberland Pipe Line 136 145 Elk Basin Pete 8% 8% Eureka Pipe Line 92 97 Galena-Signal Oil, pfd., new. 90 95 Gafia-Signal Oil com 43 45 Illinois Pipe Line ICS 170 Indiana Pipe Line 83 85 Merritt Oil 11 12 Midwest Oil 1 1% Midwest Rfg 11 12 Midwest Oil 1 1% Midwest Rfg 136 13S SaTWltar Transit 26 28 New York Transit 145 150 Northern Pipe Line 92 97 Ohio Oil 271 276 Penn.-Mex 30 34 Prairie Oil and Gas 445 455 Prairie Pipe Line 188 192 Sapulpa Refg 4% 4% Solar Refining 380 305 Southern Pipe Line 100 104 South Penn. Oil 217 221 Southwest Penn. Pipe Lines. 63 69 Standard Oil Cos. of Cal 302 396 Standard Oil Cos. of Ind 65% 68% Standard Oil Cos. of Kan 580 595 Standard Oil Cos. of Ky 895 410 Standard Oil Cos. of Neb.... 440 460 Standard Oil Cos. of N. Y.... 320 325 Standard Oil Cos, of 0hi0.... 375 390 Swan & Finch 40 50 Union Tank Line 104 108 Vacum Oil 285 300 Washington Oil 2S 32 NEW YORK CTRB MARKET. (By Thomson & McKinnon). —March 12— Closing Bid. Ask. Curtis Aero c0m........ 3 5 Curtis Aero pfd 10 20 Texas Chief 7 13 First National Copper.. % 1 Goldfield Con 7 9 Havana Tobacco 1 1% Havana Tobacco pfd.... 1 4 Cent. Teresa 3 4 Jumbo Extension 5 7 International Petroleum 13% 13% Nlpissing 7% 7% Indian Pkg 2 3 Royal Baking Powder..ll3 116 Royal Bak. Pow. pfd... 80 S3 Standard Motors 6% 7% Salt Creek 24 30 Tonopah Extension 1% 1 7-16 Tonopah Mining 1% 1% United P. S. new 1% 1% U. S. Light and Heat.. 1 1% U. S. Light and Ht. pfd. 1 4 Wright-Matin 4 6 World Film 1-16 3-16 Yukon Gold Mine C 0... % 1% Jerome % 3-16 New Cornelia 14 16 United Verde 26 28 Sequoyah 5-16 7-16 Omar Oil 2% 2% Rep. Tire % 1%

N. T. Stock Prices —March 12— Prev. High. Low. Close, close. Ajax Rubber... 28% 28 28 28 Allls-Chalmers- 34% 34% 34% 34 Am. AgrL 49 48% 48% 49 Am. B. Sugar... 40% 89 40% 40% Am.B.Mag. Cos.. 53% 63% 53% 52% Am. C. & Fdy.122% 121 122 122% Am. Can 27% 25% 26% 26% Am.H. & L.eom 8% 8% 8% S% Am.H. & L.pfd.. 43% 42% 43% 42% Am. Drug 6% 6% 6% 6% Am. Inter. Corp. 41% 40% 41% 40% Am. Locomo 82 81% 82% 82% Am. S. A Ref.. 27 36% 37 30% Am. Bug. Ref... 90% 89% 90% 90% Am.S.Tob. C 0... 80% 78% 80 79% Am. S. Fdy 29% 20% 29% 29% Am. Tel. & Te 1.102 101% 102 102 Am. Tobacco ...116 112% 115% 113% Am. W001en.... 64 62 % 64 63 Am. Z. A Lead.. 8 8 8 8% Ana. Min. C 0.... 33% 34% 25% 34% Atchison 78% 77% 78% 77% At. G. AW. 1... 42% 40% 41 41 Bald. Loco 54% 82% 84% 84% B. A 0 31% 30% 81% 80% Beth. S. ‘•B’’... 65% 54% 65% 64% Brook. R. T.... 11% 11% 11% 11% Can. Pac. Ry... 112 110% 112 110% Cent. Leather... 36% 36 36% 36% Chand. Motors.. 72 70 % 71% 71 C. A 0 56% 55% 66% 56% C., M. & St. P... 24% 23% 24% 23% C.,M. A St.P.pfd 36% SO% 86% 57% Chi. AN. W.... 64% 63% 64% 64 C. R. I. & Pac.. 24 22% 24 23% C.R.I.AP.epc pfd 58 56% 68 67% C.R.I.AP.Tpc pfd 70% 68% 70% 69% Chili Copper.... 9% 9% 9% 9% Chino Copper... 20% 19% 20% 20% Coca Cola 20% 20% 20% 20% Columbia Gas... 67% 57 57% 57 Columbia Graph 8% 8 8% 8 Consol. Gas 80 78% 80 79 Contlnnen Can.. 57% 57% 57% ... Conti Candy Cos. 1%. 11l Corn Products.. 70% 68% 70% 69% Crucible Steel... 56% 84% 86% 86% Cu. Am. Sugar.. 25% 25% 25% 25% Cu Cane Sugar. 21% 20% 21% 21% Dome Mines .... 15% 15% 15% 14% Endicott 58 58 68 57

Erie 12 11% 11% 11% Erie Ist pfd.... 18% 17 18% 17 Famous Players 65 62 65 62% Fisk Rubber Cos 13% 13% 13% 13% General Asphalt 61% 48% 51 50% General Cigars.. 59 59 59 59 Gen. Electric... 129% 128 129% 128% Gen. Motors ... 12% 12% 12% 12% Goodrich 36 35% 35% 35 Gt. North, pfd.. 71% 70 71% 70 Gt. North. Ore.. 3>% 30% 3<-% 30% Gulf States Steel 29% 29% 29% 30 Houston Oil ... 61 59% 61 60% Illinois Central. 55% 85% 85% 86 Inspira Copper. 30% 30 30% 30 Interboro Corp. 4% 4% 4% 4% Interboro pfd.. 12% 12% 12% 13 Inter Harvester. 91% 93% 93% 94% Inter Nickel 14 13-s 14 13% Inter Paper 52% 51% 52% 52 j Invincible 0i1... 17% 16% 17% 16's K C Southern.. 22% 21% 22% 21% K. Tire 37% 35% 37 36% j Kenne. Copper.. 16% 16 16% 16% Lacks Steel ... 51 49% 40% 50% Lehigh Valley.. 49% 49% 49% 49% Loews, Inc. ... 16% 16% 16% 16% L. A X 98 97% 97% Marine, com. ... 13 13 13 12% Marine, pfd. ... 48 46% 48 47 Mex. Petroleum.l4s% 141% 145% 144% Mid. States Oil. 11% 11% 11% H% Midvale Steel .. 30% 29% 30% 29% M. K. A T. ... 2 2 2 2 Missouri I’ac. .. 16% 16% 16% 16% Nat. En A Stp.. 56 56 56 65% Nat. Lead 71 70% 71 71 Key. Con. Cop.. 9% 9% 9% 9% N. Y. Air Brake 75 74% 75 76 N Y. Central .. 67% 66 67 66% New Haven ... 17% 16% 17% 16% Norfolk AW. .. 94% 93 94% 05% Northern Pac. . 77% 76% 77% 76 Okla. P. A Ref.. 3% 3% 3% 3% Pacific Oil 29 27% 29 28 Pan-Am. Petrol. 68% 66 * 65% 67% Penn. Ry 36% 36% 3G% 36% People's Gas ... 38% 38 Bs% 37% Pierce-Arrow .. 25% 21% 25% 24% Pierre Oil Cos. .. 10% 10 10% 10 Pittsburgh C0a1.57 56% 57 56% Pressed Stl. Car 83% 82% 83% 83% Pull. Pal. Car ..103% 102% 103% 103 I’l re Oil 31% 31 31% 31% Ray Copper ... 11% 11 11 . 11% Reading 69% 67% 68% 69% Rep. Iron A Stl. 63% 62% 63% 62% Replogle Steel . 25 25 25 22 Ryl. Dtch.. N. Y. 63% 62% 63 61% Fears-Roebuck . 74% 72% 74% 73% Sinclair 21% 20% 21% 20% Sloss-Sheffleld . 41% 41% 41% 42 South. Pac 72 70% 71% 70% Southern Rv.... 19% 19 10% 19% Std. Oil. N. J.. .137% 137% 137% 140 St.l, AS.F. com. 20% 19% 20% 19% Strom. Carb 29% 28 29% 28% Studebaker 59% 57% 59 58% Tenn. Copper... 7% 7 7% 7% Texas Cos 39% 38 39 38% Tex. A Pac 20 19% 20 19% Tob. Products.. 51% 50 51% 49% Transcont. Oil.. 7% 6% 7% 7% Union Oil 19 19 19 19 Union Pac 115% 114 114% 114% United R Store 51% 49% 51% 49% r. S. Food Prod. 20 19 20 19 V. S. Ind. Alcob. 66 65 66 65% U. S. Rubber... 66% 64% 66% 65% U. S. Steel 78% 77% 7.8% 78 IT. S. Steel pfd.. 108 107% 108 107% Utah Copper 47% 46% 47% 46% Vanadium Steel. 31 29% 31 29 Vir.-Car. Chern. 32 31% 32 32 Wabash 7% 7% 7% 7 Wabash Ist pfd. 18% 18% 18% 18% W. Maryland... 9% 9% 9% 9% Westlnghouse .. 45% 45% 45% 45% White Motors... 38 38 38 38 Willys-Overl'd . 7% 7 7% 7 Wilson ACo 39% 38% 39% 40% Worth. Pump... 45% 45% 43% 45% NEW YORK LIBERTY BONDS. —March. 12— Prev. High. Low. Close, close. L. B. 3%s 99.10 90.00 91.10 90.12 L. B. Ist 4a 86 86 L. B. 2d 4s 8 V3o 86.40 L. B. Ist 4%.5... 86.94 S0 86 86 90 86.00 L. B. 2d 4%s 86.64 86.42 86.64 86.50 L. B. 3d 4 %5... 90.32 90.20 90 34 90.22 L. B. 4th 4%5... 86.80 86.56 86.80 86.62 Victory 3%s 97.26 97 16 97.22 97 30 Victory 4%s 97.26 97.04 97.24 97.24

CHICAGO STOCKS. (By Thomson A McKinnon.) —March 12Open. High. Low. Close. Armour Leather. 12% Carbide A Carb. 51 % 52% 51% 52% Libby 10% 10% 10% 10% Montgom. Ward. 16% 16% 10% 10% National Leath. 8% Sears-Roebuck.. 73 74% 73 74% Stewart-Warner. 30% 31 80 31 Swift A Cos 100 102% 100 102% Swift Inti 25 25% 25 25% Piggly-Wlggly.. 14 NEW YORK BANK STATEMENT. NEW YORK. March 12.—Average— Loans, decreased, *39.566.000: demand deposits, increased, $415,000; time deposits, increased, $210,000; reserves, decreased, $2,888,350. Actual—Loans, decreased. $62, 345,000: demand, decreased. $28,025,000; time deposits, decreased, $2,047,000; reserve, increased, $30,700,280. NEW YORK WOOL MARKET. NEW Y'ORK, March 14.—The wool market was quiet today. Domestic fleece, XX Ohio, was quoted at 24@45c per lb.; domestic pulled, scoured basis. 18@75c; Texas domestic, scoured basis, 40®82c. NEW YORK RAYV SUGAR. NEW YORK, March 14. —The raw sugar market was firm today, with Cubas quoted at 6.02 c, duty paid, and Porto Ricos, 6.02 c, delivered. NEW YORK REFINED SUGAR. NEW YORK. March 14.—Refined sugar was steady today, with fine granulated quoted at 7.75®5c per pound. NEW YORK PETROLEUM. NEW YORK, March 14.—The petroleum market was quiet today, with Pennsylvania crude quoted at $3 a barrel. NEW Y'ORK HIDE MARKET. NEW YORK, March 14.-Hides were quiet today, with native steer quoted at 12c per pound, and branded steers, 10%c. CLEVELAND PRODUCE. CLEVELAND, March 12.—Butter—Extra, in tubs, 55%<g560; prints. 56%©57c; extra firsts, 54@55c; firsts, 53%®54e; seconds, 40®43c; packing, 14®17e; fancy dairy, 30'S 32c. Eggs—Fresh gathered, northern extras, 35c; extra firsts, 37c; Ohio firsts, new cases, 30c; western firsts, new cases, 34c. Poultry—Live, heavy fowls, 34®35c; roosters, 22<523c: spring chickens, 34c; thin grades, 28@32c. WHOLESALE FEED PRICES. The following are today's wholesale market prices for- beef cuts aB sold on the Indianapolis markets: Ribs—No. 2, 26%c; No. 3,17 c. Loins— No. 2,33 c; No. 3,21 c. Rounds—No. 2, 22c; No. 3,18 c. Chucks—No. 2,13 c; No. 3. Uc. Plates —No. 2. 12c; No. 3,10 c.

SWINir PRICES MAKE GAINS Hogs Steady to 25 Cents Up— Cattle Higher. RANGE OF HOG PRICES. Good Good Good March Mixed. Heavy. Light. 7 . $ll.OO $10.60®10.75 $ll.OO @11.40 g. 11.00011.15 18.76 0 11.00 11.25 0 11.50 . 11.26 011.60 11.00 @ 11.25 11.50@11.*5 20. 11.00011.25 10.50011.00 11.26011.50 11. 11.00011.25 [email protected] 11.85011.75 12. 11.00011.25 10.50011 00 11.25011.60 14. 11.26011.60 10.75011.25 [email protected] With light receipts and a good demand hog prices were strong to 25c higher at the opening of the local livestock exchange today. There was a top of sl2 on some good light hogs, while the bulk of that grade brought $11.75® 11.83. The bulk of sales for the short market session was [email protected]. Mixed hogs generally brought $11.25® 11.50; pigs, $11(311.50; roughs, $S©9, and there ware no heavy hogs to speak of ou the market. Buying was of a general nature, with about half of the 2,500 fresh hogs on the rnayket bought by the local packers and the remainder taken by the shippers with Eastern house connections. Local light receipts was the only reason giveu for higher prices. There was a good strong tone to trade in the cattle alleys and prices were strong to 25e higher on all grades except canners and cutters. Receipts were extremely light at close to 600 fresh cattle and there were no really good cattle on the market. All the buyers were active and practically all of the cattle ou the market were "sold at an early hour. Working in harmony with the stronger tendency of the hog and cattle markets, there was considerable activity In the calf market and prices were strong to 60 cents higher, with a sl4 top, and the bulk of the choice calves selling at $12.50 <313.30. Medium calves generally brought S9(gll and common s7©9. lteeeipts were extremely light at approximately 300 fresh calves on the marThe sales at sl4 were only scattered and that could not be considered the market. The practical top of the mraket was $13.50, which was 50 cents higher than the top of the close of last week. There were practically no sheep and lambs on the market.

HOGS. Best light hogs, 100 to 200 lbs average $11.75^11.85 £OO to 300 lbs 10.75® 11.25 Over 3uO lbs 10.25(310.50 Sows B.OU© 9.00 Best pigs, under 140 1b5.... 11.00® 11.50 Bulk of sales 11.50® 11.73 CATTLE. Prime cornfed steers, 1,000 lbs ua up 9.00310.00 Good to choice steers, 1,200 to 1,300 lbs 6.00® 9.25 Good to choice steers, 1,100 to 1,200 lbs B.oo© 8.50 Medium steers, 1,000 to 1,100 lbs 7.75® SSO Common to medium steers, 800 to 1,000 lbs 6.00® 7.00 —Heifers and Cows — Good to choice heifers 8.50© 9.50 Medium heifers 7.00 <i 800 Common to medium heifers.. 4.50© 6.50 Good to choice cows 6.50© 7.50 Fair to medium cows 5.00® 600 Cutters 3.25© 4 50 Canners 2.00® 3-00 —Bulls Good to choice butcher bulls. 5.60© 6-25 Bologna bullß 6 00© 550 Light common bulls 4.00© 5.0) —Calves — Choice veals 12.00® 12 50 Good veals 10.60© 1 ’..50 Medium veals 9.00© 10.00 Lightweight veals 6.00© 8.00 Common heavyweight dives. 4.00© 7.50 —Stockers and Feeders— Good to choice steers, under 800 lbs 7.25 8.25 Medium cows s.o*® 523 Good cows 5.25© 3.73 Good heifers 5 75© 6.25 Medium to good heifers 5 25© 6.2.> Good milkers 50.00© 100.00 Stock calves, 250 to 450 lbs. . 5.25® 8.25 SUKEI* AND LAMBS. Good to choice sheep 3.00® 4 Oi Fair to common 1.50© 2.00 Bucks 2.00© 2,50 Cull sheep I.oo© 1.50 —Lambs— Common to choice yearlings.. 5.50® 6.50 Spring lambs 7.00© 9.50

Other Livestock

CHICAGO, March 14.—Hogs—Receipts, 48.000; market 10® 15c up: bulk, slu.iu® 11.35; butchers, $ 10.10® 10.60; packers s9®9 85; lights, $11.15® 11.10; pigs $10.25 ® 11.35; roughs, $8.70(09. Cattle - lteeelpts, 22,000; market 15®25c lower; beeves, sß®; 10.75; butchers, $5.50(69.50; canners and cutters, $2.75(66; suckers and feeders. $6.50(69.50: rows, $5®H; calves, S9..VJ® 12.25. Sheep—Receipts, 3O.0O0; mar kel 25®50r lower; lambs, $8.50®10.i0; ewes, $2.25(0 H 50. CINCINNATI. March 14 —Hogs—Receipts, 6.tso; market, generally steady to 25 centß lower; heavy bogH. slo.sO®| 11.25; mixed, $11.50; mediums and lights, $11.75; pigs, $10.50; roughs, $8.50; stags. $6. Cattle—Receipts. l.HOo; market strong to 25 cents higher; bulls, weak; calves. *l3 Sheep and lambs Receipts, 100; market, strong; sheep, $1.50®5.50; lambs, sC©ll. CLEVELAND, March 14.—Hogs—Receipts, 5,500; market active; yorkers and mixed, $11.70; medium, $10.25; pigs, $11.70; roughs, *8; stags, $5.50. Cuttle Receipts, 1,000; market steady; good to choice steers, $9(610; good to choice heifers, $7®8.50; good to choice cows, ss® 6; fair to good cows, si®>s; hulls, sß® 9.50; milkers, $45(6,75. Sheep and lambs - Receipts, 1,500; market steady; top, sll. Calves Receipts, 1,060; market slow; top, sl4. PITTSBURGH, March 14—CattleReceipts, 35 cars; market higher; choice. $10(610.15; good, $6.10(610: fair, $9.25(6 9.75: veal solves, $13.50(614. Sheep and lambs—Receipts. 12 curs; market steady; prime wethers, $7(67.50; good, $6.25(66 75; mixed fair, $5.50(66; spring iambs. $11(6 11.50. Hogs—Receipts, 50 doubles; market lower; prime heavies, $10.50<6J1; mediums, $12.25® 12.40; heavy yoik-rs, $12.25(612 40; lights yorkers, $12.25(6 12.40; pigs, $12.25(612.40J roughs, sß®9; stags, $5.50(66. EAST BUFFALO, March 14.—CattleReceipts, 2,500; market fairly active. 15c to 25c up; shipping steers, $9(610.75; butcher grades, $8®9.50; heifers, s6® 8.50; cows, $2.50(67.50; bulls, $1.50(6 0.50; milch cows, springers, $10(6110. Calves—Receipts, 2,500; market active, steady; culls, choice, $5(614.50. Sheep and lambs -Receipts, 1,106; market active and steady; choice lambs, $11(611.50; culls, fair, $7.50(610.75; yearlings, sß(a9; sheep, $3(67.50. Hogs Receipts, 14,100; market active, 25c to 50c lower; yorkers, $11.75(612; pigs. sl2; mixed, $11.50(6 11.75; heavies, $11(611.50; roughs, $8(69; stags, $((<) 6.50. EAST ST. LOUIS March 14. CattleReceipts, 4,500; market slow: native beef steers, $9(69.50; yearling beef steers and heifers,, $8.75(69.75; cows. $6.75(68; Stockers and feeders, $7.25(68; calves, $11.50(611.75; canners and cutters, s4® 4.50. Hogs—Receipts, 15,(¥10; market steady to 10c up; mixed and butchers, $10.65(611.35 good heavies, $10.45(010.75; rough heavies. $8.25(08.50; lights, $11.25(6 11.35; pigs, $10.50(011.50; bulk of sales, $10.70® 11.25. Sheep Receipts, 1.200; market steady; ewes, $5.25(66:' iambs, $9.50(610; canners and cutters, sl®2.

In the Cotton Market

NEW YORK, March 14. —The cotton market opened steady with August four points higher and with other mouths two to five points lower. After the start southern hedge selling caused a break. Liverpool also was a good seller, while Wall street bought moderately. At the end of the first fifteen minutes the list was about twenty points under the previous close. Declines in securities helped to depress the market. New York cotton opening: May. 11.50 c; July, 1192 c; August, 12.14 c; September, 12.21 c; October, 12.48 c; December, 12.67 e; January, 12.68 c bid. LIVERFOL, March 14.—Spot cotton in good demand, with prices easier and sales close to 5,000 bales. American middlings were fair at 10.58d; good middlings, 8.21d; full middlings, 7.61d; middlings, 6.86d ; low middlings, 5.96d; good ordinary, 4.71d; ordinary, 3.96d. i Futures opened dull.

INDIANA DAILY TIMES, MONDAY, MARCH 14,1921.

GRAIN PRICES SHARPLY DOWN Industrial Depression Chief Market Influence. CHICAGO. March 14.—Grain prices declined sharply on the Board of Trade today, due to the general depressing Industrial news and reported Improvement In crop conditions over the grain belt. Prices advanced slightly at the opening. due to buying for export, but the decline started shortly after the market opening. Provisions were lower. March wheat opened up l%c at $1.00% and dropped 5%c later. May wheat, opening up 2%c at $1.52%, dropped 5%c later. May corn opened up %c at 69%e. but declined l%c later. July corn, opening unchanged at 71%e, dropped l%c later. May oats opened up lc at 43%c, but reacted l%c before the close. July oats, opening off %c at 44c, dropped an additional l%c subsequently. (By Thomson A McKinnon.) —March 14— Wheat—Acceptance of profits by previous sellers gave the appearance of strength to the early wheat market. The very poor demand for cash wheat was exemplified by liberal deliveries on March contracts In the Minneapolis market and by fair consignments from Omaha and Chicago. This condition ultimately prevailed, the market closing distinctly heavy. There has been som* evidence of a little export business and a moderate flour trade, but nothing of real importance. Recent estimates of reserves having dispelled all ideas of a scarcity, there Is more attention paid to the fact that the prices of wheat have not responded to the deflation in other grains and in commodities. Because of this, there is a general Idea that prices must decline to a proportionate basis. The Important thing in the market, as mentioned frequently, is the refusal of the milling trade, tne foreign buyer, the domestic consumer, or the Investor to meet other than immediate demand. Considerable liquidation has already been experienced, but there is reason for believing that holders of the cash product, particularly In the Interior, have yet to dispose of their holdings. Coarse Grains—A belief that rough weather might lessen the movement of corn and oats from the country prompted some buying by former sellers. There was, however, no evidence of new demand, neither was there any improvement in the distributing trade. There was some selling of oats by northwestern interests and some which seemed to come from the far southwest, probably influenced by early growth of the new crop. These markets have the merit oi being relatively low, at the same time, they can not be called cheap in the faco of the large reserves and the poor outlook. I'rovisions—Fresh meats are strengthened by fear of labor trouble. This condition reflected, to some extent. In the market for cured products. It is noticeable that packers, brokers are seen more frequently ou the selling than on the buying side. Foreign outlet does not improve. CHICAGO GRAIN. —March 'll— WHEAT— Open. High. Low. Close. March... 1.00% 1.00% 1.54% 1.5r>% Mnv 1.52% 153% 1.45% 1.40% CORN—>y .... 69% 00% 67% 68 July..- 71% 71 T s 70% 70% OATS) — May 43% 43% 42 42% July 44 44% 43% 43% POUR— May 20.95 21.00 20.90 20.90 m'hv.7... 11 85 11.05 11.55 11.75 July 12.07 12.25 11.90 12.10 RIBS— May 11.37 11.02 1140 11.40 July 11.70 12 00 11-50 11 70 K mV,7..... 1.30 1.40 1.35% 1.35% July 1.19% 120% Ill’s 145 CHICAGO CASH GRAIN. CHICAGO, March 11 Wheat —No. z red. $1.65© 1.70 ; No. 1 hard winter, $1 61© 164’.,; N”. 2 hard winter, $159%; No. 3 spring, $1.52. Corn No. 2 white line: No. 2 yellow, 6fi%©6s%c; No. 3 white t 2 fn,2lr; No. 3 yellow, 02® 04c; No. 4 white. 00’2©61c ; No. 4 yellow, 00©C2c. Oats--No. 1 White, 42 %© 43 %c; No. 2 white, 42 tfM-t-c: No. 3 white, 44c; No. 4 white, 39@40%c. TOLEDO CASH GRAIN. TOLEDO. March 12.— Wheat—Cash, $1.73; March, $1.72; May, $1.73. Corn - No 3 yellow, 08<\ oats No. 2 white, 40% ©47%c. By- No 2. $1.51. Barley—No. •> 7bc. Cloverseed Cash (1920), $13.25; March, $12.75; April. $10.50; October, $9 75. Timothy Cash (1918, old), $2 80; ca-i'i (1919 old I, $2.90; cash (1920, new), $2.95; March, $2.95; April, $2 95; May. $5.05: September $3.25. Alslke —Cash (new), sls; March, sl4. ( INDIANAPOLIS CASH GRAIN. —March 14 - Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat No sales. Corn Easy; No 3 white, 61®6.V; No. 4 white, 61©02c; No. 5 white, 59%®60%c; No, 3 yellow, 65©66c; No. 4 yellow. 62© (53c; No. 5 yellow, tX)%®o2c • No. 3 mixed, 62©63%c; No. 4 mixed, 60%©C2c; No. 5 mixed, 59©0<)c. Oats Eas> : No. 2 white, 43®44c; No. 3 white, 42®43%C. „ Hay Weak; No. 1 timothy, $20.50©21; No 2 timothy, s2o© 20.50; No. 1 light clover mixed, $19.50®20; Noll 1 clover hay, sl7© 18. —lnspections Wheat—No. 2 red, 1 cur; No. 3 red, 1 car; No. 4 red, 1 car; total, 3 cars. Corn No. 3 white, 3 cars; No. 4 white, 10 cars’; No. 5 white, 1 tar; No. 3 yellow, 4 cars; No. 4 yellow. 6 cars; No. 5 yellow, 3 cars; No. 3 mixed, 2 cars; No. 4 mixed. 10 cars; total. 39 cars. Oats—No. 1 white, 3 cars; No. 2 white, 21 cars; No. 3 white, 4 cars; No. 4 white, 1 cat; sample white, 1 car; No. 1 mixed, 1 car; total. 31 cars. Itve —No. 2. 2 cats. Hay-“ No. 1 timothy, 1 car; No. 2 timothy, 1 car; total, 2 cars.

INDIANAPOLIS CASH GRAIN. —March 12— Bids for car lots of grain and hay at tiie call of the Indianapolis Board of Trade were: Wheat—No sales. Eoru —Easy; No. 3 white, 65@66c; No. 4 white, 62%(665c; No. 5 white, 60%g! 61 %c; No. 3 yellow, 66®67c; No. 4 yellow* 63®64c; No. 5 yellow, 61%f63c; No. 3 mixed, 63®64%c; No. 4 mixed, 61%®) 63c; No. 5 mixed, 60®61c. Oats— Easy; No. 2 white, 44®44%0; No. 3 white, 43®44c. Hay—Weak ; No. 1 timothy, $20.50@21 ; No 2 timothy, s2o® 20.50; No. 1 light clover mixed, $19.50®20; No. 1 clover hay, $17.50®13. s 3 red, 1 car. Corn —No. 3 white, 2 cars; No. 4 white, 5 cars; No. 5 white, 1 car; No. 6 wiiite, 1 car; No. 4 yellow, 10 cars; No. 5 yellow 1 car; No. 3 mixed, 1 cur; No. 4 mixed, 3 cars; total, 24 cars. Oats —No. 2 white, 13 cars; No. 3 white, 5 cars; No. 4 white, 1 car; No. 1 mixed, 1 car; total, 20 cars. BOARD OF TRADE STATEMENT. The weekly statement of the Indianapolis Board of Trade, showing the output of flour by local mills, inspections for last week and stock in store, follows: CO MFA R ATI VE ST A YEMEN T. Output of Flour — Barrels, March 12, 1921 7,647 March 5, 1921 6,555 March 13, 1920 7,842 March 15, 1919 5,058 Inspections for Week— —Bushels In. Out. Wheat 42,000 None Corn 399,000 126,000 Oats ! 252,000 170,000 live 3,000 None llay, 8 cars. —Stock in Store— Wheat. Corn. Oats. Rye. March 12, 1921. 83,050 491.670 286,160 1,000 March 13, 1920 363.931 583,940 68,180 3,030 March 15. 1919.262,030 452,420 318,350 1,300 HAY MARKET, The following are the Indianapolis prices for hay by the wagon load: Hay—Loose timothy, new, s2l @22; mixed bay, new, $19®21; baled, $21®23. Oats —Bushel, new, 45@47e. Corn—New, 65®68c per bushel. , ■ CHICAGO PRODUCE. CHICAGO, March 14.—Butter—Creamery extras, 45%c; creamery firsts, 43%c; firsts, 38@440; seconds, 30@35c. Eggs— Ordinaries, 29@30c; firsts, 31%c. Cheese —Twins, 25c; Young Americas, 25c. Live poultry—Fowls, 33%c; ducks. 365; geese, 16@18c; spring chickens. 33c: turkeys, 40c; roosters, 22c. Potatoes—Receipts, 11 cars; Wisconsin and Minnesota, $1.20® 1.25.

Local Stock Exchange

—March 12— (STOCKS. Bid. Ask. Indtana Ry. A Light Cos. com 60 Indiana Ry. A Light Cos. pfd. 84 88 Indpls. A N. W. pfd 75 Indpls. A S. E .pfd.... * 75 Indpls. St. Ry 62 62 T. 11., T. A L. Cos. pfa 70 ... T. H., I. A E. com 2 8 T. H., I. A E. pfd Ifi 19 City Service, com 260 340 City Service, pfd 66 68 U. T. of lnd. con* U. T. of Ind. pfd 6 16 U. T. of Ind., 2d pfd 2 Advance-Rumely Cos., com... 16 ... Advance-Rumely Cos., pfd.... 48 ... Am. Central Life 235 ... Am. Creosoting Cos. pfd 89 ... Belt R. R., com 60 68 Belt. R. R. pfd 44 50 Century Bldg. Cos. pfd 90 ... Citizens Gas Cos 28 33 Dodge Mfg. Cos. pfd 91% ••• Home Brewing 54 ... Indiana Hotel com 51 ... Indiana Hotel, pfd 90 ... Indiana Pipe Line ••• Ind. Natl. Life Ins. Cos 4% ... Ind. Title Guaranty 59 63 Indpls. Abattoir, pfd Indpls. Gas 42 50 Indpi*. Tel. Cos. com 6 Indpls. Tel. Cos. pfd 89 ... Mer. Pub. Util. Cos., pfd 26 Nat. Motor Car Cos 4 7 Pub. Sav. Ins. Cos 2% ... Rauh Fertilizer pfd 45 Standard Oil of Indiana Sterling Fire Ins. Cos 7% ®% Van Camp Hdw„ pfd 00 100 Van Camp Pack., pfd 90 100 Van Camp Prods, Ist pfd 100 Van Camp Prods. 2d pfd..... ... 100 Vandallu Coal Cos., com 3% Vandnlia Coal Cos., pfd 0 9% Wabash Ity., pfd 19% ... Wabash Ity., com 6% ••• BONDS. Broad Ripple 6s 60 70 Citizens St. Ry. Cos 69 Ind. Coke & Gas 6s 100 Indian Creek Coal A Min. Cos. ... 100 Indpls., Col. A So. 5s 88 08 Indpls. A Martinsville 5s ... Indpls. Northern os 42% 43 Indpls. A N. W. 5s ... Indpls. A 8. E. 5s 45 ... Indpls, Sble. A S. E. 5s 70 Indpls. St. Rv. 4s 59 65 Indpls. T. A T. 5s 70 74 Kokomo, M. A W. 5s 76 79 T. 11., 1. A E. 5s 40 U. T. of Indiana 5s 50 59 Citizens Gas Cos 73% 79 lnd. Hotel 2d 6s 1© Indpls. Gas 5i 72% 80 Indpls. L. A H 5s 75 80 Indpls. Water os 87 90 Indpls. Water 4%s 69 75 Merchants H. A L 88 88 New Tel Ist 6s 94 ... New' Tel. L. D. 5s 93% ... South, lnd. Power 6 100 LIBERTY BONDS. T.fherty first 3%8 89.90 .... Liberty first 4s 80.60 .... Liberty second 4s 86.14 .... Liberty first 4%s SO.S4 .... Liberty second 4©s 80.80 .... Liberty third 4%s 90.20 .... Liberty fourth 4%s 87 oo 87.22 Victory 3%s 97 18 97 44 Victory 4%s 97.18 97.14

On Commission Row TODAY’S PRICES. Apples Missouri Jonathans, per bbl., $8; fancy Illinois Jouath iu, per bbl., $7; extra fancy Grimes Golden. per bbl., $5.50(98. extra fancy Wlnoa.ips, per bbl., $9; Bell l'lowera. per bbl., $5; Baldwins, per bill., $4©5.50, Spies. P<>r bbl.. $0 Rome Beauty, per bbl., $8; Malden Blush, per bt>!., $5; Greenings, per bbl., $5.50; choice Jonathans, per bbl . $6. Bananas Extra fancy high grade fruit, 50 to 60 per bunch, per lb, B®B%c. Beans- Michigan navy. In bags, per lb., 4%©5c; Colorado plntos, In bags, per lb., 6© 7c; California Hinas, In bags, per lb., B®9c; red kidneys, 111 bags, per lb., 10® 10'-;. •; California limns, in bags, per lb., B©9c; California pink chili, In bags, per lb., 7®'' C Beets—Fancy, n-w, per doz, bunches. 85c. Beets—Fancy home-grown, per bu. t $1.25. Cabbage— Fancy Texas, new, per lb., 3%c; fancy, old, per lb., l%c. Carrots —Fancy home-grown, per bu., 85c.. Cauliflower —Fancy California, per crate, $2.85. 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©l.lo. Cocoa nuts—Fancy, per doz., $1 ; per bag of 150, $7. Grapefruit Extra fancy Florida, 16s and 545. box. $6 75; 645. 70s and 80s. box, $7; 06s, box, $6; extra fancy Florida, lnd. River Orchid brand. 465. box. $150; 545, box, $5; 645, 70s and Sos, box, $5.30; 90s, box, $5; fancy Florl las, 30s, box, $3.50, 545. box, $4.50; 01s and 70s, box, $5; 80s, box, $5. Kale—Fancy Eastern, per bbl, $2.25. Lemons—F.xlra fancy California*, 300s to 3605, box, $4.50. Lettuce—Fancy hothouse leaf, per lb, 23c; fancy hothouse leaf in barrel lots, per lb, 20c; fancy California Iceberg, per crate, $4.50. Onions Fancy Indiana yellow or red, per 100-lb. bags, $1.25, fancy Indiana white, per 100-lb. bags, $1.40; fancy Spanish, per large crate, $5.50. Oranges California, a 1 grades, $3.75® 4.75. Oyster Plant—Fancy, per doz, 50c. Parsley— Fancy large Bikes, per doz., $l- - small basket, 85c. Pie Plant—Fancy home grown, per bunch, 85c. Potatoes—Fancy Michigan and Wlscon sin round whites, per 150 lb bag, $2 50; 5 or 10-lb bags, tier bag, $2.10; fancy Idaho Gems, per bag, $2.50. Radishes—Button, large bunches, per doz, $1.50; long red, per doz, 40c. Radishes—Long red, per doz, 35c. liutabagos—Fancy Canadian, per 50, $1.50. Shallots—Fancy, per doz, 80c. Spinach—Fancy, per bushel basket, $1.50. Strawberries —Fancy Louisiana, 24-pt crates, per crate, $6. Sxveet Potatoes —Fancy Eastern Jerseys, per hamper, $.3; fancy Indiana Nancy Halls, per hamper, $2.25; fancy Indiana Jersey, per hamper, $2.50. Tomatoes—Fancy ripe, 0-lb basket, $1.50; fancy ripe, 6 basket crate, $8.50. Turnips—Fancy washed, per bu, $1.50; per crate, $2.

Weather

The following table shows the Ktute of the weather at 7 a. in., March 14, as observed by U. S. weather bureaus: Station. Bar. romp. Weather. Indianapolis, Ind. . 30.06 49 Cloudy Atlanta, Ga 30.12 60 Rain Amarillo, Tex. ... 29.94 42 PtCldy Bismarck. N. D. . 30.04 18 Snow Boston, Mass 30.32 40 Cloudy Chicago, 111. .4.... 30 08 42 Cloudy Cincinnati, O. ' 30.08 48 Cloudy Cleveland, <’> 30.22 3,8 Cloudy Denver, Colo 29.92 2i> Cloudy Dodge City, Kan. . 30.06 34 Cloudy Helena, Mont 29.00 18 Cloudy Jacksonville, Fla. . 30.14 68 Clear Kansas City. Mo. . 29.96 44 Cloudy Louisville, Ky. ... 30.04 52 Cloudy Little Rock, Ark. . 29.94 60 Cloudy Los Angeles, Cal.. 29.86 54 ('io'" v Mobile, Ala 30.10 62 Cloudy New Orleans, I.a. . 30.04 72 Clouny New York, N. Y. .. 30.30 44 Cloudy Norfolk. Va. 30.24 54 PtCldy Oklahoma City ... 29.96 46 Cloudy Omaha, Neb 30.02 34 Cloudy Philadelphia, Fa. . 30.30 44 Clear Pittsburgh, Pa. ... 30.18 42 Cloudy Portland, Ore 20.90 30 Clear Rapid City, S. D. . 29.80 28 Clear Itoaeburg, Ore 30.00 38 Clear San Antonio, Tex. . 29.98 68 Cloudy San Francisco, Caw 29.82 50 Clear St. Louis, Mo 29.94 60 Cloudy St. Paul, Minn. ... 30.14 20 Snow Tampa, Fla 30.14 00 Clear Washington, D. C. 30.24 50 Clear WEATHER CONDITIONS. The field of high pressure which was in the Canadian northwest Saturday morning has moved to the northward of the Great lakes, instead of soothwestward, but, the cold accompanying it moderated rapidly. The depression which was in the West has developed and now extends from British Columbia southward over the Western highlands, with a secondary center to the eastward over Missouri. Much rain has fallen from the middle Mississippi Valley to the Gulf of Mexico, in the upper Missouri Valiev, enq in practically all sections west of the divide. It Is colder over the Southern Plains States, but warmer over the entire Northwest. J. H. ARMINGTON, Meteorologist, Weather Bureau.

ANY VEGETABLE MAY BE TURNED INTO CLOTHING Necessities of War Wrought Strange Results in Textile Lines. NEW FABRICS PRODUCED BY FREDERIC J. HASKIN. NEW YORK CITY—AII of us will soon be wearing garments made from seaweed and grass, if the vegetable fabrics recently produced by German textile manufacturers become popular In this country. The Germans have achieved some remarkable results In the textile line by proceeding upon the assumption that almost any vegetable product, from a dandelion to a parsnip, can be turned into clothing if necessity demands it. During the war, necessity did. The German supplies of wool and cotton became exhausted, they were unable to smuggle their new supplies through the blockade, so there was nothing left for German chemists to do but to produce something new in the way of fabrics. An exhibit of these novelties, ground out under the exigencies of war, was recently held by the Bureau of Foreign and Domestic Commerce here, and was widely attended by American textile manufacturers. It included samples of overcoatings. table cloths, paper, sports jackets, sweaters, underwear, stockings and socks, worsted and many other men's and women's garments—all made from various vegetable products heretofore scorned as being of little value. Nettles, hops, willow bark, pine needles, cornstalks and asparagus are merely a few of the things represented In the materials. Instead of being brittle and fragile and Impractical for windy weather, as might be supposed, the new vegetable fabrics are soft and serviceable and guaranteed to withstand the toughest gale. The German underwear, made from China grass, Is said to be better than that made of pure wool or wool and cotton, as it prevents the garments from shrinking. It Is also declared by textile experts to be of better wearing quality. A large variety of clothing sources is something absolutely new In the history of our civilization. It Is revolutionary—for ever since men decided that they looked better in clothes they have been making them from the same old products, which are wool, silk, cotton and flax. Archaeological records show that the arts of spinning and weaving wero In a late stage of development as far back as 2600 15. C., which is as far back as the matter can be traced, and that these four fabrics were well known then. KOI K SOURCES FROM WHICH FABRICS COME. In other words, all that we wear—our frocks and frock coats, our ne.oktles and sto ks and laces and frills and furbelows —comes from only these four sources, that were discovered far back when the race was young. Our wool supply Is obtained chiefly from the pelage of sheep, while a small quantity Is also obtained from the hair of certain goats (cashmere and mohair, for example) as well as from the hair of camels. The earliest cloth makers tapped the same sources for their wool. All of our raw Bilk Is provided for us by obliging caterpillars, whi h secrete the substance In their glands and spin It into cocoons or cases in which they make their change from worm to moth. And the Mongolians had the silk worms xvell trained for this purpose centuries ago. Cotton, obtained from the seed pod of the cotton plant, was also well understood by the ancients, xvhlle early history records the use of rich linens made from flax. In recent years, but two other sources have been added to these four. American manufacturers have succeeded In produci ing rough textiles, such as burlap, from the jute plant, and American chemists, after much experimentation, have been able to produce artificial silk. Then the Germans began their experiments with various plants. These commenced really some years before the war, and the first successful vegetable fabrics were brought to this country as 1 early as 1914. But It was the war, which for the time being eliminated the four big textile staples from the market, that gave them their chance. According to a statement of the Bureau of Foreign and Domestic Commerce, the new vegetable liber Industry was ‘‘established at Fuerstenberg, Germany, in 1912. During the first year in which the plant was operated It conttred Its activities merely to the manufacture and sale ; it fibers the raw product. 'ln 1913 spinning machinery was set | up. and since then the spinning of yarn from these libers has been carried on on an ever-increasing scale. In the eight years of Its existence the products of this concern have covered a wide range of vegetable fibers. Including China grass. Australian seaweed, Jute, old Jute rags and shod ly worsted yarn. A number of others were worked up during the war and extensively used in the textile industry. Some of these libers were abandoned after the war, owing to the fact that the supply In Germany was not sufficient to warrant their permanent use.

CLOTH MADE FROM GRASS. “Tlio vegetable fiber derived from China grass is known as solidonin. It is similat to ramie, which is known and used in the United States. The German Fiber Company, by means of a special process, produces a long, fine, soft and curly fiber. It looks very much like wool aud mixes readily with that product, thus opening a wide field for its use in tho woolen industry. Solidouia gained a wide use on account of shortage of wool during tlie war. Asa substitute for linen, solidonla has been used in Germany for the manufacture of table linen of beaut/ and strength. It has also been used fur machine belting. Hosiery mills and underwear mills have produced from it stockings which are difficult to tear; unshrinkable underwear and sporting jackets of fine quality and strength. "The German woolen mills have also manufactured an army cloth which, composed of 75 per cent wool and 25 per cent solidonin, surpasses, it is asserted, in tensile strength any pure wool doth. Women's clothing and men’s clothing of half solidonin and half wool or shoddy cloth is likewise proving highly successful. “Another fiber from which has been obtained splendid results,’’ the bureau’s report continues, “is the fiber known as posidonta—also a vegetable product. It is derived from seaweed dredged in Australia and washed in sweet water. Brought to Germany, the fiber is sugJected to a chemical treatment to soften it and make It resilient, the original fibei being stiff and harsh. , "The staple of this fiber Is declared to be equal to a medium staple wool and It Is spun on the worsted and woolen system. The fiber Is characterized by an elasticity and springiness and the cloth, which is made out of pure posidonia appears to show scarcely any creases. Posidonia is expected to fill a particularly large demand in the carpet industry. "The chief way in which juta is employed in the United States is in the form of cheap lining aud burlap. This German company lias accomplished some unusual results with jute. By a special process of chemical treatment, a long, fine fiber has been produced, which can be spun into a pure fabric or mixed with wool. From the old jute rage the company also makes a good grade of.

shoddy cloth, which Is being used with such amazing results In women's costumes, overcoats and sports jackets that many experienced textile men have been unable to tell It from all-wool cloth. - ’ The exhibit of the bureau was planned chiefly, for the benefit of American textile makers, who have been much interested In the German products. If German chemists can produce materials from grass and seaweed and nettles, there Is every reason to believe that American chemists can also, and thus. In time, perhaps even that baleflul plant, the true ragweed may be converted Into a neat and useful fabric. HEARS HOLD-UP ON TELEPHONE Operator Plugs in Police to No Avail. ATTLEBORO, Mass. March 14.—Answering the drop on the switchboard at 2:30 a. m.. Miss Emma Jamieson, night operator at the telephone exchange, heard the words: ‘‘Hold up your hands and deliver your money before we blow your brains out.” She at once connected the police station with the call and Patrolman Fournier heard enough conversation to know that a hold-up was being committed. After a few commands, the robber said: “Cut those telephone wires.” The call came frojn the store of Philip St. Germaine, In Phillips street, Germantown district, and with Patrolman Norwood, Paradis and O'Donnell, Fournier hurried to the store. In the meantime, the robbers, both of whom were masked, demanded that St. Germaine, who Is a cripple with no legs, deliver all his money. St. Germaine Insisted that he had no more than S3O In the cash drawer, wbien the thieves took. They gave back a ring and watch, declaring they were of no value. After threatening St. Germaine’s life they warned him that if he told the police or the newspapers they would come back. The men escaped before the officers arrived. St. Germaine could not give a good description of the men. Marriage Licenses Arthur J. Y'ork, 4026 Southerland.... 23 Elsie Harman, 2704 Martlndale 10 William E. Tripp, 829 S. New Jersey.. 20 Bessie Teats, 829 S. New Jersey 19 Van Noles, 432 W. New Y’ork 35 Glendon Pearcy, 1020 Holliday 24 Abraham Negley, 806 Athon..., 52 Thoda Pickens, 936 Indiana 51 Chester A. Vogg, Shpridan, Ind 27 Elizabeth Nlghtenhelser, Sheridan, Ind. 27 Randall Bowan, 2532 English 30 Juanita White, 2532 English 25 V. Hlghbaugh. Buffalo. Ky 22 Ida Barnett, Buffalo, Ky 20 Fred Butcher, Indianapolis 28 Ida May Yockey, 1857 Thelman 20 Charles Reed, 730 N. Illinois 25 Gladys Wilson, 895 Massachusetts 24

Births Oran and May Guthrie, 3119 McPhersou, girl. Emil and Martha Reinhardt, 459 Grand, boy. George and Victoria nendrlxson, 2307 Greenbriar Lane. girl. Lewis and Julia Medreseck, 2922 West Tenth, boy. Claud and Clara Stropes, 1517 Randolph, girl. Arthur and Ethel Patrick, 1257 West Thirty-Third, girl. Frank and Josephine Eaklns, 218 Hiawatha. boy. John and Eleanor Moriarlty, 1703 Union, boy. Lewis and Etta Diekhoff, 611 East Prospect, boy. Roy and Pearl Bud, 1200 Edgemont, boy. „ Wilson and Hetty Arbertum, 32S West Twenty-Fifth, girl. Horace and Sadie Pace, 722 Harrison, B Henry and Mary Conner, 1555 Blaine, bov. Francis and Clara Busby, Clark Blakesleo Hoslptal. boy. Orville and Nina Salee, 1045 North Bellvlew, boy. .... Ernest and Anna Wbitsott, 110 North State, boy. _ .. Harvey and Elms Brink, 2133 Napoleon, William and Edna Kllna, 1124 Holliday, Kiri. 1 ewer and Mabel Marshal, 406 North West, boy. „ . John and Rosie Rlegel, 1910 South Meridian, girl. .... La and Wealtley Moore, Cl 4 Barnhill, b Tom and Alta Jackson, 200 West M Dal!d n and ,r Eaton Delotch. 2610 Hillside. B *John and Esther Smith, 710 South CapU George and Ida Trabue. 1401 Canby. Si Charles and Esta Mitchell, 326 North Katherine Bolllnghouse, 403 "John and’(Jrpha Noe, 2710 West Tenth, b David and Mary Carlue, 523 South Missouri, boy.

Deaths Gene R- Perry, 40, city hospital, chronic m Rena'* Ken worthy, 61, 833 North New J ‘Elmer 0 E ,Pl Sm V lth, 48, 1417 Kentucky, Ca Walter tt A, Wlnlngs, 49, Sternes HosPl i a hill P p ne N m Coer, 54. 1422 East Ohio, "Tank'F^Anen, 1 * 1 ™?- 1 Robin Hood apartments, cerebral hemorrhage. Allen Leßoy Thompson, IS, 9-3 Hadley pulmonary tuberculosis. Edna May Eblers, 25, 161. Ingram, 8 James Fellers, 4 months, city hospital, Willard Elmer Day, 1, 553 Centennial, ClHr-rf. 63. 1=33 Belle--06. 611 East Minnesota, mitral insufficiency.

WHOLESALE FEED PRICES. ■Ton. Cwt. Acme bran $32.00 Acde middlings 35 ™ Jon Acme dairy feed 43.n0 -.-0 E-Z daily food 33.. U 1.(5 Acme 11. & 35™ J’®® Acme stock feed Cracked corn 33.-5 jl.<o Acme chick feed 2 on Acme scratch 39-3 -00 E-Z scratch 37.(8) 1.90 Acre dry mash 45.00 2 .-.0 Acme hog feed 41.50 2.10 Ground barley 4.(.-o z.-u Honillck white 28.00 1.4n T?n(lev barle.y 43.25 2.20 Alfalfa moll 38.;>0 1.9> (. ouunseed meal 40.00 o'— Linseed oil meal 50.00 Z. 30 Acme chick mash 49.00 2.50 Acme red dog 44.00 > flour and meal. E-Z bake bakers’ flour in 9S-lb cotton bags Corn meal in 100-lb cotton bags 2.00 INDIANAPOLIS PRODUCE Eggs—Fresh, loss off, 29c. Poultry Fowls, 28c; broilers, 1% to 2 lbs, 4nc; cocks, 16c; stags, lfic; tom turkeys, 30c, voung hen turkeys, 35c; young tom turkevs 35c; cull thin turkeys not wanted; capons, 7 lbs and up, 42c; ducks, 4 lbs and up. 25c; ducks, under 4 lbs, 20c’ geese, 10 lbs and up, 16c; squabs, 11 ibs to doz, $6; guineas, 9-lb size, per doz, $6. , Butter—Buyers are paying 50®51c per lb for cream butter delivered in IndianaPßutterfat—Buyers are paying 48c per lb for butterfat delivered at Indianapolis. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying $1.60 for No. 1 red winter wheat, $1.57 for No. 2 red aud $1.54 for No. 3 red. WISE RUNS FOR COUNCIL. Walter W. Wise, 2958 Paris avenue, Republican, today filed with the city clerk a declaration of candidacy for councilman of the Fourth district for the primary election, May 3.

CENSOR DEBATE ! SHOWS VARIETY OF VIEWPOINTS Issue Started in District of Columbia Has Become Nation-Wide. BOTH SIDES GET AIRING WASHINGTON. D. C.—Shall censor* National, State, or local, be set up to prescribe what the movies may show and what they may not, or shall they be allowed the same freedom as th stnge, the newspapers and the magazines ? This question has Just been hotly debated in a packed meeting before the commissioners of the District of Columbia. The immediate issue was only a local one. Reformers asked that the local movie producers be put on probation for a certain length of time, and If they failed to be good, that a board be constituted to censor their productions under certain fixed rules. The producers, the reformers and ths public, which crowded In to hear the arguments, recognized that the issue was really a national one. A local victory for censorship would mean its rap'd extension. And more than censorship of the movies was involved. The whole question of the right of Americans to free expression is tied up in the right of a motion picture producer to produce what he will, subject to the statutes which afford protection against libel, indecency and treason. Those who favor censorship brought forward the arguments that have been used In its behalf many times before. They asserted that the movies show love scenes which are suggestive and scenes of violence. The implication Is that Impressionable youths witnessing such scenes on the screen will be impelled to imitate them. Therefore, In the Interests of public morals some measure must be taken to prevent the showing of such scenes. It was brought out that the movies are already censored in four States, and the Pennsylvania censorship was held up as a tnodeL PRODUCERS ARGUE ILLEGAL RESTRAINT, The producers defended their right to freedom from many different viewpoints. One of the strongest points they made was that to censor the motion pictures is unconstitutional and contrary to the theory of our present government. It is admitted generally that freedom of speech and freedom of the press are essentials of a democracy, and are necessary to the progress of civilization. The Constitution specifically provides that no law shall be passed In the United States to abridge or restrain the right of free speech and a free press. The motion pictures are a part of the press, obviously, or at least stand in exactly the same relation to the public. They are a form of art and medium both of news and of ideas. The Constitution certainly seems | to protect such a medium from a cenj airship. It means. If it means anything, that a motion picture producer has a right to produce what he pleases, Just as the owner of a newspaper or a book publisher has a right to print what he pleases. If he commits libel or treason or indecency, there are statutes and police regulations under which he can be prosecuted. But the Constitution, the producers argue, obviously prohibits - any law which shall say In advance what shall be produced and what shall not. If this restriction Is to be laid upon the movies, they contend, the a it is equally right to pass laws saying In advance what the newspapers and magazines and book publlsherii may print and what they may not.

Here, indeed, it was pointed out, the whole question of personal liberty was raised. If you once begin taking away the liberties of the individual for his own good, it was argued, It Is very hard to draw the line. Liquor having been taken away from him, there are now robust movements afoot to ban tobacco, to ban amusement on Sunday, to ban dancing and short skirts and high heels. And if you admit any one of these, yon admit them all. Say goodby to one of your liberties, and soon the whole family of them will have left you. There are just two theories possible. Government may be regarded as a means of organizing society In order to secure the rights of the Individual against the aggression both of other individuals and other governments. In that ease. It should impose the least possible restraint. It should let a man do as he pleases, so long as he does not trespass' on the right of any one else to do the same. This, It Is contended. Is the theory upon which our government Is founded. ALL LIBERTIES OR NONE. Once you start taking away liberties, you must abandon this theory altogether. For no line can be drawn. You must then regard government as a means of regulating every detail of Individual life, prescribing what each and all of us shall eat, drink, wear, how and when we shall make love, what we shall look at and what we shall read. This latter certainly seems to be the purpose and ideal of the reform movement. It would make us morally perfect by legal enactment. The proponents of freedom say that this is a demonstrated impossibility in the first place. In the second place they claim that it would thwart the development of Individuality, which Is the really valuable human quality and tho source of all progress. It would tend, they say, to make of us a vast aggregation of human machines, moved not by individual taste and intelligence, but by a clockwork of law and regulation. That is what it would do if it succeeded. Prohibition Is pointed out by some as an example of what happens if a people refuses to acs cept such regulations of conduct. Returning to the matter of censorship, Its record was attacked and defended. The friends of censorship claimed that it has done much good in States where it has been put into effect, by saving the youth of those States from witnessing many scenes of love and violence. The opponents of censorship claimed that it has been ridiculous and arbitrary wherever it has been tried. They elted the oase of a lady appointed to censor the movies who prohibited all funera* scenes and other scenes suggesting death on the ground that she had recently suffered a bereavement and it harrowed her feelings to witness such scenes. The opponents claimed that censorship has always been arbitary. They claim that the whole public must judge of production and that one individual or group of individuals cannot fail to be moved largely by prejudice and other Individual peculiarities. Equally, they say, it is impossible to apply a set of rules to a work or art. Thus In England until a few years ago there was national censorship of the stage. Under this law It was found necessary to suppress the work of some of the greatest dramatists, including Ibsen, Shaw and finally the great classic, Sophocles, who had been studied by English school boys for generations.

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