Indianapolis Times, Volume 33, Number 284, Indianapolis, Marion County, 7 April 1921 — Page 10

10

STOCK MARKET OPENS STEADY Reactionary Movement Sets in During Initial Hour. NEW YORK, April 7.—The stock market opened steady today, but the list became reactionary Immediately after the start and the leading Issues sold off from fractions to over 1 point. Steel common sold at 81%. Crucible. yielded 1 point to 84% and Baldwin Locomotive 1% points to 86%. Mexican Tetroleum was in demand, selling up over 2 points to 142, followed by a reaction to 141. Studebaker and Chandler bo’h yielded J point, the former selliug at 77 and the latter at 79%. General Asphalt, after selling up % of a point to 62%, had a quick drop to 61. United States Rubber first sold up 1 point to 73% and then lost this advance. Atlantic Gulf advanced to 35. but quickly sold off to 34%. Some of the sugar stocks were also weak. Cuban -American selling off 1 point to 23. Although some of the bear traders made repeated efforfs during the first hour to cause liquidation in industrials, their operations failed to meet with nny success and instead of outside selling being Induced, there was a pronounced increase In commission house demand, especially was western sources. Fluctuations in the fori-noon were narrow with little net change in the list generally. (By Thomson & McKinnon.) —April 7 The unfavorable news from England was undoubtedly a factor of gome consequence 1 ntoday's market. The apuarent ending of negotiations and the public appeal of Lloyd George shows clearly that the situation there is strained. As has been customary recently the trading element was ready to take full advantage of this news and sold stocks rather freely, but there was no serious Impression made on va'.uc-s. It becomes daily more apparent that the public has confidence in the future of the market, and as. a result there is a fair supply of buying orders every day at recessions, and it is this demand which gives the market its stability and enables it to stand the numerous shocks that have been recently experienced. In the early trading Mexican Petroleum was a feature. Shorts covered commitments because of the very flattering report published by the president of tae company. The wenk feature of the day was Central Leather, and as selling orders in this stock appeared, discussion was resumed of the likelihood of a further shrinkage In the values of inventories and the passing of the preferred dividend. The money rate was favorable, but, strange to say, the supply of funds was not as ample as heretofore, though there is a little Increase in the offerings oi time funds. Business during the greater part of the day was very moderate. We entertain a favorable opinion as to the ultimate result, and we regard the market in a favorable position to respond to any betterment in the news. CLEARING HOUSE STATEMENT. NEW YORK, April 7.—Exchanges, $600,589,901; balances, $51,410,435; Federal reserve bank credit balances, $46,437,913.

Money and Exchange

Indianapolis bank clearings today were $2,222,000, against $2,755,000 a week ago. NEW YORK, April 7. —Lire continued Its upward movement again today selling at 4.46 c for cables and 4 45c for ghecks, the highest price touched since last September. Other quotations maintained a steady tone. Demand Sterling was Vic lower at $3.92%. Francs were 3 centimes uigher at T.ifor cables and 7.14 c for checks. Belgian cables were 7.44 c; checks. 7.43 c. Guilder cables were 34.65; checks. 34.65 c. SjpedDh kronen cables were 23.00 - checks, 23.55 c; -Oermaa marks were 1.62 c. NEW YORK CALL MONEY. NEW YORK, April 6—Money: Call money ruled 5% per cent; high. 5% per cent; low. 5 per cent. Time rates, steady 6%©7 per cent. Time mercantile paper, steady. Sterling exchange was steady, with business in bankers’ bills at $0.91% for demand. MOTOR SECURITIES. (By Thomson A- McKinnon.) —April 7 —Opening— Bid. Ask. Briscoe 19 21 Chalmers com 1 1(4 Packard com 11(4 12 Packard pfd 70 75 Chevrolet 100 400 Peerless 23 25 Continental" Motors com 6 6(4 Continental Motors pfd 88 93 Hupp com 14(4 15 Hupp pfd 90 95 Reo Motor Car 21V4 22 Elgin Motors 6(4 6% Grant Motors 3" 3(4 Ford of Canada 274 280 United Motors 33 65 National Motors 6 9 Federal Truck 19 21 Paige Motors 19 21 Republic Truck IS 20 ACTIVE OIL STOCKS. (By Thomson A McKinnon.) —April 7 —Opening— Bid. Ask. Anglo-American Oil 16(4 1" Atlantic Lobos 20 22 Borne- Serymser 360 390 Buckeye Pipe Line 82 83 Chesebrongh Mfg. Cons 190 200 Chesebrough Mfg. Cons. pfd..loo 103 Continental Oil, Colorado... .119 123 Cosden Oil and Gas 5(4 6 Crescent Pipe Line 29 31 Cumberland Pipe Line 135 143 Elk Basin Pete 8% Eureka Pipe Line 94 98 Galena-Signal Oil, pfd 93 99 Galena-Signal Oil, c0m...... 43 45 Illinois Pipe Line 174 177 Indiana Pipe Line S3 85 Merritt Oil 11 >4 12 Midwest Oil 1% 2 Midwest Rfg 140 142 National Transit 27 32 Ne.w York Transit 143 148 Northern Pipe Line 92 97 Ohio Oil 275 279 Penn.-Mex 30 34 Fralrle Oil and Gas 470 480 Prairie Pipe Line 195 200 Sapulpa Refg 4% 5% Solar Refining 355 400 Southern Pipe Line 101 103 South Penn. Oil 228 2:33 Southwest Penn. Pipe Lines. 68 72 Standard Oil Cos. of Cal 298 300 Standard Oil Cos. of Ind 69*4 70 Standard Oil Cos. of Kan 620 635 StandarcKOll Cos. of Ky 410 415 Standard Oil Cos. of Neb 480 500 Standard Oil Cos. of N. Y 325 329 Standard Oil Co.' of Ohio 375 390 Swan & Finch 40 50 Union Tank Line 104 108 Vaeum Oil 200 295 Washington Oil 28 32 NEW YORK CURB MARKET. (By Thomson A McKinnon.) —April 7 —Closing— Bid. Ask. Curtis Aero, com 3 4 Curtis Aero, pfd 10 20 Texas Chief 17 21 First ..atlonal Copper % 1(4 Goldfield Con 7 8 Havana Tobacco 1 1(4 Havana Tobacco pfd 4 6 Central Teresa 3 4 Jumbo Extension 4 7 * International Petroleum 15% 16 Nipissing 7 7(4 Indian Pkg 2 3 Royal Baking Powder 113 116 Royal Baking Powder pfd.... 80 83 Standard Motors 6(4 G 7% Sait Creek 29 34 Tonopah Extension 1% 1 7-10 Tonopah Mining 1 7-16 1% United P. S. new 1% 1(4 U. S. Light and Heat. 1% 1% U. S. Light and Heat pfd.... 1 4 Wright Aero 4 6 World Film 1-18 3-16 Yukon Gold Mine Cos 1 1% Jerome % 3-10 New Cornelia 11 13 United Verde 23 25 Sequoyah 516 716 Omar Oil 2% 2(4 Reu. Tire % i% Noble Oil % 9-16

N. Y. Stock Prices

—April 6 Prev. High. Low. Close, close. Ad-Rumelv com 16(4 15(4 15(4 Allied Chemical 43% 43(4 43(4 42% Allis-Chalmors... 37 36% 47 36(4 Am. B. Sugar.. 38(4 37% 37% 38% Am.B.Mga. Cos.. 59% 58% 58% 59 Am. Car A Fy. .123% 123% 123% 122% Am. Can 29% 29% 29% 29 Am.H. & L.pfd. 43% 42 42 43% Am. In. Corp... 43% 43 43% 43% Am. Linseed.... 51(4 49 50% 49 Am. Loco 87 86% 86% 86 Am. S. & Ref... 38% 36% 38% 36% Am. Sag. Ref.. 93% 92% 92% 92% Am.S. Tob. C 0... 74% 71% 73% 72% Am. S. Fdy 29% 29% 29% 29(4 Am. Tel. & Tel.. 106 105% 105% 105% Am. Tobacco ..114% 114 114 114 Am. W001en.... 74 72% 72% 72% Ana. Min. C 0... 38% 36% 37% 36% Atchison eO-i 79% Bd% 79% At. G. A W. 1.. 39% 32% 34% 34% Baldw. L0c0.... 88% 87% 87% 87% B. A 0 34% 33% 33% 33% Beth. S. (B) 57 56% 56% 56% Cal. Pete 45 43% 43% 43 Can. Pac. Ry... 113% 113% 113% 113% Cent. Leather 36% 34% 34% 36% Chand. Motors.. 81% 80% 80% 79% C. M. A St. P.. 24% 21% 24% 25 C..M. A StP.pfd 38% 35(4 38% 38 C.. R. I. A Pae.. 26% 26% 26% 26 C.R.I.AP.6pc pfd 60% 60(i 60% 60% Chili Copper 10% 10% 19% 9% Chino Copper... 22% 21 22(4 21 Coca Cola 22 21% 22 22 Consol. Cigars.. 46% 46% 46(4 46% Columbia Gas.. 59% 59% 59% 58% Colum. Graph... 6% 6% 6% 6% Consol. Gas 83 82% S3 82% Contin. Can 55 54% 55 53% Con. Candy Cos. 1% 1% 1% \% Corn Products.. 74% 73% 73% 73% Crucible Steel.. 87% 85(4 85 % 85% Cub. Am. Sugar 24% 24 24 25% Cuba Cane Sug. 21% 21 21 21% Dome Mines 16% 16% 16% 10% Endicott 61% 60% 60% Erie 12% 12% 12% 12 Erie Ist pfd 18% 18% 18% 18% Fam. Players... 72% 70% 70% 71 Fisk Rub. Cos.. 16% 15% 15% 15% Gen. Asphalt... 63% 61% 61% 61% Gen. Electric... 137 137 137 137 Gen. Motors 14% 13% 13% 13% Goodrich 38% 38% 38% 88% Gt. North, pfd.. 72 71(4 71% 71% Gt. North. Ore. 29 29 29 29 Hupp Motors... li% 14% 14% 14% Houston 0i1.... 80 70 78 Inspir. Copper.. 32% 31% 32% 30% Inter. Corp 4% 4% 4% 4% Inter, pfd 13 12% 13 14% Inter. Harvester 87% 87% 87% 8% luter. Nickel... 15(4 14% 15 il% Inter. Paper 58% 57% 57% 5i% Invinc. Oil 21% 20% 21 20% Kan. City 50... 25% 25 25% 25% Kelly-Spg. Tire 41% 29% 40% 40 Kennecott Cop.. ISI 17% 17% I.acka Steel 54% 53% 53% 53% Lehigh Valley.. 49% 49% 49% 49% Lee Tire 26% 26 26% 26 Loews, Ino 19% 19% 19% 19% Marine, pfd. ... 52 51% 51% 51 .Max. Motor.com 5% 5% 5% .... Max. M.. 2d. pfd. 8% 8% 8% Mex. Petroleum. 141% 138% 140% 139% Miami Copper . 18% 18 18% 17% Mid. States Oil . 13% 13% 13% 13% Midvale Steel .. 29% 27% 27% 29% Missouri Pac. .. 19 17% 17% 17% Mo. Pac., pfd. .. 37% 37% 37% 37% Xev. Con. Cop. .10 10 10 X. Y. Central .. 70 69% 69% 68% New Haven .... 16% 16% 16% 16% Norfolk A W. .. 95 95 95 95 Northern Pae. .. 78 77% 77% 77% Okla. P. A 11. Cos. S% 3% 3% 3% Pacific Oil 37% 36% 37 37 Pan-Am. Petrol. 69% 68% 69% 65% Penn. Ry 34% 34% 34% 34% People's Gas ... 43 42% 43 42% Pierce-Arrow .. 34% 33(4 33% 32% Pierce Oil Cos. . 10% 10% 10 s 10 Pittsburgh Coal 62% 61% 61% 61% Pressed Stl. Car 86% 86% 96% 87 Pure Oil 33% 33 33 * 33% Ray Copper ... 12 11% 12 1114 Reading es% 68% . 69% 65% Rep. Iron A Stl. 07% 65% 65% 65% Ryl. Dtch. X. Y. 60% 59% 59% 60% Sears-Roebuck . 73% 72 72% 72 Sinclair 24 031 u 23% 23% Sloss-Sheffieid .44 44 44 .... South. Pac 74% 74% 74% ‘74% Southern Rv 20% 20 T ”0% 0% St.L.AS.W. Ry.. 27% 2T-I 27% 27% I Stand. Oil, N. J.llß 148 14.9 150 S.L.AS.F. com.. 21% 21% 21% 21% Stromberg Carb. 37% 37% 37% 36 , Studebaker 79 77 % 79 70% Texas Cos 41% 40% 41% 40% Tex. A Pae 21% 21 ” 21 20% Tobacco Prod... 47% 47 47% 40% Transcont. Oil . 10% 10% 10% 10% Union Oil 20(4 19% 19% 20 Union Pacific...ll7 116% 116% 117% Unit. Ret. Store 50% 49% 50 49% U. S. Food Prod. 22 21% 21% 21% United Fruit C 0.104% 104 104% 104 U. S. Ind. Alcoh. 67% 66 66% 66 U. S. Rubber... 72% 71% 72% 71 U. S. Steel 82% 81% 81% 81% U. S. Steel pfd.. 110% 110% 110% lit) Utah Copper 49% 48% 48% 48 Vanadium Steel. 30% 29% 29% 29% Vir.-Car. Chem.. 31% 31% 31% 30 White Oil 16% 16 16 16 West. Union ... 89 88% 89 89% West'gh'se Elec. 48% 47% 48% 47% White Motors.. 40% 40% 40% 401, Wlllys-Overl’d . 8% 8% 8% B>4 Worth. Pump .. 48% 48% 45% .....

NEW YORK LIBERTY BONDS. —April b— Prev. High. Low. Close, close. L. B. 3%s 90.38 90.22 90.22 90.24 L. B. Ist 4s 87.74 87.00 L. B. 2d 4s 87.20 87.10 87.20 87.00 L. B. Ist 4%5.. 87.96 87.50 67.80 87.6.8 L. B. 2d 4%5.. 87.34 87.14 87.34 87.12 L. B. 3d 4%5.. 90.86 90.30 90.66 90.32 L. B. 4th 4%5.. 87.50 87.22 87.46 87.19 Victory 3%8 97.5 H 97.54 97.58 97.54 Victory 4%5.... 97.60 07.52 97.56 07.52 TWENTY STOCKS AVERAGE. NEW YORK. April 7.—Twenty Industrial stocks averaged 76.58, up .42 per cent. Twenty active rails averaged TO.56, up .10 per cent. NEW YORK METAL. NEW YORK, April 7.—Coppej-—Easy; spot and April offered 12%e, May offered 12%c, June and July offered 13c. Lead —Easy; spot said .April offered 4.50 c, May and June offered 4.55 c. Spelter— Easy; spot and April offered 4.65 c, May and June offered 4.70 c. NEW YORK WOOL MARKET. NEW YORK, April 7.—The wool market opened easy today, with domestic fleece, XX Ohio, at 22®44c per lb; domestic pulled, scoured basis, 18®72e, and Texas domestic scoured basis, 40®82c. NEW YORK HIDE MARKET. .NEW YORK, April 7—Hides were, easy Wednesday. Native steer sold at 10c per lb; branded steer, 7c„ NEW YORK PETROLEUM. NEW YORK, April 7.—Petroleum was steady again today with Pennsylvania crude quoted at $3 a barrel. NEW YORK RAW SUGAR. NEW YORK, April 7.—Raw sugars were easier today. Cubas sold at 6.02 c per lb., duty paid, while Porto Kicos were quoted at 6.02 c per lb., delivered. NEW YORK REFINED SUGAR. NEW YORK, April 7.—Refined sugar was steady today, with fine granulated selling at 8c a pound. CHICAGO STOCKS. (By Thomson & McKinnon.) —April 6 Open. High. Low. Close, Armour Leather 12% Armour pfd 90% 91 00% 90% Carb. and Carb. 53 57% 53 ' 53% Libby 10% 10% 10 10 Montgry-Ward. 18 18% 18 18% Natl. Leather.. 7% Sears-Roebuck. 73 73% 72% 72% Stewart-Warner 28 27 % 28 26% Swift & C0....101% 101% 100% 101 Piggly-Wiggiy. 17 17 16% 16% CHICAGO PRODUCE. CHICAGO, April 7.—Butter—Receipts, 4,039 tubs; creamery extras. 46c; firsts, 40®'45c: packing stock, 16® 18c. Eggs— Receipts, 25,034 cases; current receipts, 21®23e; ordinary firsts. 20@21c; firsts, 23%@240; extras, 27c; checks, 18%c; dirties. 19®20c. Cheese—Twins (new), 19% ®2oe; dairies, 21®22c; Young Americas, 21%®22c; longhorns, 21®22c; brick. 19® 20c. Live poultry—Turkeys, 40c; chickents, 31c; spring. 33c; roosters, 20c; geese, 16@18ic; ducks, 36c. Potatoes—Receipts, 56 cars; north whites, 90®95e; Florida Spaulding Rose, st).so®lo pex barrel. CLEVELAND PRODUCE. CLEVELAND, April 7.—Butter—Extra, In tubs, 53@53%c; prints. 54®54%c; extra firsts. 52@33%e; firsts. 31@51%c; seconds, 39®41c; packing, 12®13c: fancy dairy, 30®33c. Eggs—Fresh gathered northern extras, 28%e; extra firsts. 27%c; Ohio firsts, new old cases, 26%c; western firsts, —Live, heavies. .KMc; roosters, 22®23c; spring chicken? choice.

LIGHT HOGS 15 CENTS LOWER Cattle Generally 25 Cents Off —Calves Down 50 Cents. RANGE OF HOG PRICES. RANGE OF HOG PRICES. Good Good Good April Mixed. Heavy. Light. 1. f9.76010.00 $9,000 9.50 $40.26010.60 2. 9 [email protected] 9.00® 9.50 10.25 4. 9.75 9.00® 9.50 40.00 5. 9.75 9.00® 9.50 40.00040.25 6. 9.25® 9.75 8.75® 9.25 [email protected] 7. 9.23® 9.65 5.75® 9.20 9.75® 9.85 With 7,000 fresh hogs on the market and less than 300 left over from the Wednesday market, prices of swine were steady to 15 cents lower -at the opening of the local live stock exchange today. Heavy hogs were practically steady, while light and light mixed hogs were steady to 15 cents lower, with a top of $lO and the bulk of the light hogs at $9.75@9 85. The bulk of sales for the day was s'Jso(g3 75. Heavy hogs generally brought $8,750 9.25 and mediums, [email protected]. Pigs were $lO and down and roughs, s(>.so@7 50, which was about steady with the market of the day before. Buying was of a general nature today, with both the packers and the order men active. There was a much better clearance to the Wednesday market than was anticipated at an early hour, due to a better buying movement by some of the local packers. It was estimated that all of today's rei-eipls would le sold. There was a fairly active tone to the cattle market today, but prices were generally 25 cents lower. Receipts for the day approximated SOO fresh cattle. Prices of calves were slow steady to 50 rents lower, with a top early in the market of $10.50 and the bulk of the good and choice calves at $8.50@10. There were but few really good and choice calves on the market and commission men stated that real good calves would have brought prices steadv with those of the market of the day before. There were close to 600 calves on the market today. There were no sheep on the market, but a run of about 200 lambs, which brought s7@9. . t HOGS. Best light hogs, 100 to 200 lbs average $ 9.706i 9.80 200 to 500 lbs .G>® 9._.> Over 300 lbs 8.50© 8.75 Sows 6.00® 7.50 Best pigs, under 140 lbs 9.504} 10.00 Bulk of sales 9.50^10.00 CATTLE. Prime cornfed steers, 1.000 lbs and up 5.75@ 9.25 Good to choice steers, 1,200 to | 1,300 lbs 7.50® 5.50 Good to <• ho ice steers, 1,100 to 1,200 lbs...'. 7.00® 8.00 Medium steers, 1,000 to 1,100 lbs 6.50® 7.75 Common to medium steers, 800 to 1.000 lbs 5.00® 6.00 —Heifers and Cows — Good to choice heifers 7.00® 8.75 Mpdium heifers 5.50® 6.00 Common to medium heifers.. 4 50® 5.50 ! Good to choice cows 5.00® 0.5.1 Fair to medium cows 4.004} 5.u0 Cutters 3.00® 4.25 Cancers 2.00® 2.50 —Bulls— Good to choice butcher bulls. 5.00® 6.00 Bologna bulls 4.75® 5.25 l Light common bulls 3.50® 4.50 —Calves — I Choice veals 9.50*810.00 Good veals 8.50® 9.00 ] Medium calves 7.00® 9.00 | Light weight veals 4.50® .00 ] Common heavyweight calves.. 4.00® 6.00 —Stockers and Feeders — Good to choice steers, under 900 lbs 6.75® 7.75 Medium cows 4 50® 4.75 Good cows 4.75® 5.25 Good heifers 5.00® 6.0.) Medium to good heifers 4 50® 5.50 Good milkers 45/)0®55.00 Stock calves, 250 to 450 4.50® 7.50 SHEEP AND 1. .MBS. Good to choice sheep 2.00® .3.00 Fair to common I.oo® 2.00 Bucks 2.00® 2.50 | Cull sheep I.oO® 1.50 —Lambs—- ! Common to choice yearlings.. 5.00® 6.00 Good lambs G.OJ® 8.00

Other Livestock

CHICAGO, April 7.- Hogs—Receipts, ,30.000; market 15c to 40c lower; bulk, $8.50®9.50; butchers, $8.00®9; packers, 57.50®8.50; lights, $9.25®9.90; pigs, $9 25 @10; roughs, $7.25®7.50. Cattle — Receipts, 11,000; market lower; beeves, $7.4u ®9.50; butchers, $5.25®9; canners and cutters, $2.25®5; Stockers and feeders, $6®8.75; cows, $4.50® 7.75; calves, s7® 9.50. Sheep—Receipts, 16,000; market steady; lambs, s7®lo; ewes, $2®G.75. CINCINNATI, April 7. Hogs—Receipts, 4,000; market weak: 25c to 59e lower; heavy hogs, $8.75® 9.50; mixed, $9.50® 10; mediums, lights and pigs, $10; roughs, $7; stags, $4.75. Cattle—Receipts, 800; market slow; steers, dull; butcher stock, steady; calves, $lO. Sheep and lambs—Receipts, 300; market strong; sheep, s2@o; clipped sheep, s2@s; lambs, s6® 10.73; clipped lambs, ss®9; springers, $22 and down. CLEVELAND, April 7.—Hogs—Receipts, 3,000; market, 23c lower; yorkers and mixed, $10.25; medium, $9; pigs, $10.50; roughs, $7.75; stags, $3.73. Cattle — Receipts, 250; market, 25@50c lower. Sheep and lambs—Receipts. 1.000; market slow; top. $9.25. Calves —Receipts, 11,000; market, 50c lower; top, sl2. PITTSBFR, April 7. —Cattle —Receipts, light; market, steady; choice, slo® 10.23; good, [email protected]; fair, $7.50®8.50; veal calves, $11®j11.25. Sheep and Lambs— Receipts, fair; market slow; pride weathers. $5.75®6; good, [email protected]; mixed fair, $4®'4.75; spring lambs, [email protected]. Hogs—Receipts, lOdd; market slow; prime heavies, s9®-9.50; madlums, $10.75 @11; heavy yorkers, $10.75® U; light yorkers, $10.75® 11; pigs, $10.75@11; roughs, $7.75@8; stags, $5®5.25. EAST ST. LOUIS, April 7.—Cattle— Receipts, 16,000; market slow and steady ; native beef steers, sB®B 50; yearling beef steers and heifers, SS.SO®9; cows. $5.75® 7.75; stockers and feeders, $6.50®8; calves, [email protected]; canners and cutters, $2.25®4.50. Hogs—Receipts, 8.000; market 15c to 25c up on pigs and lights; mixed and butchers, [email protected]; good heavies. $8 60®9.25; rough heavies, $7.25 @7.50; lights, $9.65@10; pigs, $10@1025; bulk of sales, $9.40®9.80. Sheep—Receipts, 600; market steady; ewes, $5.50® 6; lambs, $5.75®9.25; canners and cutters, $1.50® 4. EAST BUFFALO, April 7.—Cattle—Receipts, 1,250; market fairly active; steady; shipping steers, $8 75® 10; butcher grades, $7.50®9.15; cows, $2.25®7.50. Calves -Receipts, 1,100; market 50c lower; culls to choice, ss® 11.50. Sheep and lambs Receipts, 2,800; market active; lambs 25<lower; sheep 30c lower; choice lambs, [email protected] culls to fair, s7@lo; yearlings, $6.50®7.50; sheep, $3®6.75. Hags —Receipts, 2,000; market active, 25®5<)c lower; 3'orkers, $10.60®10.90; pigs, $11.25 ®11.50; mixed, $10.25®10.60; heavies, $9.50 @10; roughs, $8®3.25; stags, $0®6.50.

In the Cotton Market

NEW YORK, April 7.—The English strike news was so gloomy early today that both tho Liverpool and domestic cotton markets were depressed, first prices here showing a net decline ot' 11 to 14 points. In addition, a small failure was announced at Liverpool. Wall street and spot houses were the. chief sellers at the start, while buying was slight. At the end of the first 15 minutes, the undertone was a little steadier with prices about 5 points under the previous close. New York cotton opening: May, 11.75 c; .Tuly, 12.25 c; October, 12.85 c; December, 13.10 c; January, 13.18 c; March, 13.32 c bid. LIVERPOOL April 7.—Spot cotton opened quiet today with prices steady and sales close to 3,000 bales. American middlings were fair, 10.58d; good middlings, S.4Bd; full middling. 7.78; middling, 7.03; low middling 0.13d; good ordinary, 4.88d; ordinary, 443 and.

INDIANA DAILY TIMES, THURSDAY, APRIL 7, 1921.

WHEAT FUTURES SHOW STRENGTH Trade in Corn Generally Strong—Provisions Lower. CHICAGO, April 7. —Fractional changes marked the trading in grains on the Chicago Board of Trade today. Wheat opened weak due to favorable crop reports, but prices gathered some, strength when the Government report was issued. Corn was generally strong with fairly heavy buying. Provisions were lower. May wheat opened at $1.36 and gained %e at the elose. July opened $1.11% and closed off %c. May corn opened at 60%c and closed down %o. July corn opened at 63%e and closed up %c. September corn, after opening at Otic, up %c, gained an additional %o at the elose. May oats opened at 37%c unchanged, and closed tip %o, July oats opened up %e at 38%e, and dropped %e at the close. September oats opened unchanged at 89%c and gained %e at the close. (By THOMSON A McKIXXOX.) —April 7 Wheat—While the government report on wheat does not fully corroborate the private estimates which we have had, me trade remembers that there have been excellent rains over entire belt since the report was compiled. Further than this, it is argued that the estimated yield is based on an average abandonment of acreage, while it is believed that the abandonment this year will be much bos than an average. In other words, the report is accepted as bearish. It was noticeable, however, that there was no important selling following the Issuance of the report, presumably because of the willingness of the foreign buyer to accept offerings of the new crop on the present level of prices. Export business has been entirely missing today. Cash wheat has ruled a little slow, but at unchanged premiums, namely from 10 to 10 over the May for the better grades. 3’here were advices from Nebraska showing a rather thorough cleaning up of old wheat, although this State Is ordinarily one of the last to complete marketing. Judging from the small offerings by the country, this same condition exists elsewhere. The market 1 snot likely to develop any important action uutil there be new incentive. Corn and Oats—Practically all transactions in corn and oats are in the way changing hedgings and holdings from one delivery to another. There are no development to revive general interest In these inurkets. It seems to lie the feeling that prices are low enough, but it is cotnmoulv acknowledged that there is no motive for higher prices, at least none apparent at this time. Provisions-Dullness characterizes the provision market, even In the cash trade. Hedging Miles by small packers and a little liquidation find unimportant support.

CHICAGO GRAIN. —April 7 WIIFAT — Open. High. Low. Close. May .... 130 1.36% 1.34% 136% July 1.11% 1.13% 1.11% 113% C< Majr77... 60 60% 59% 60% July 63% 64% 63% 63'S Sept 65% 00% 05% 0 MmvVT. .. 37% .37% 37 37% July 38% 39% 39% 39% Sept 39 (g, 40 39 % 40 PORK—•May •July k’idaVrr... 10.42 10.45 10.10 10.15 July 10.80 10 90 10.50 10.55 R U 9*o 9.85 9.40 950 luly 10.20 10.20 9.80 0.90 U May!.... 129% 130% 129% July 1.04 1.04% 103% 1.04 •Nominal. CHICAGO CASH GRAIN. CHICAGO, April 7.—Wheat No. 1 red. $1 45% ; No. 1 hard winter, $1 49%®1.30; No 2 hard winter, $1.47%; No. 2 Northern spring. $1.50; No. 3 Northern spring, $1.40%. t orn No. 2 mixed, 58%e; No. 3 mixed, 55%@56%c; No. 2 yellow, 59® 7,9%c; No. 3 yellow, 55%©7VSc; No. 4 white. 54%c ; No. 4 yellow. 53®55e. Oats — No 1 white, 39%®3'J%c; No. 2 white, ;;5%®59%c; No. 3 white, 36%®37%c; No. 4 white, 35®37%c. TOLEDO CASH GRAIN. TOLEDO, 0., April 7.—Wheat—Cash, $1.44; May. $147; July, sl.lß. Corn No 3, yellow, 01®62e. Oats No. 2 white, 42 ®43c. Rye. No. 2. $1.38. Barley No. 2, 70c. Cloverseed —Cash (1020), $124)0; April, $9 80; October, $9. Timothy Cash (1918,1, $2.50; cash (1919). $2.60; cash (1920), April and May $2.65; September, $3.19. Alsyke—Cash (new), $14.05. PRIMARY MARKETS. (By Thomson A McKinnon.) # —April 7 Wheat Corn. Oats. Chicago 31.000 182,000 128,000 Milwaukee ... 7,000 27,900 6.000 Minneapolis... 187,000 12,000 6,000 Duluth 49,000 11,000 45,000 St Louis 109,000 49.000 34.000 Toledo 10,000 10,000 6,090 Detroit 4,00 8,000 Kansas City... 285.000 29.000 9,000 Peoria 1.000 16,000 14,000 Omaha 60,000 4.3,000 8.000 Indianapolis... 18,000 S,OOO 30,000 Totals 761.000 417.000 294.000 Year ag0.... 430,000 372,00 451,000 —Shipments— Wheat. Corn. Oats. Chicago ....... 84 000 265,000 401,000 MUwauke .... 14,000 10.000 54,000 Minneapolis... 174,000 19,000 25,000 Duluth 13,000 7 000 St. fouls 241,tXK) 118,000 69,000 Toledo 1.000 14.0tW Kansas City... 201,000 29 000 10.000 Peoria 2,000 19.0(a) 13,000 Omaha 71,000 46.000 22,000 iuuianapolis... 2,000 15,000 36,000 Totals 862.000 529,000 644,000 Year t g 0.... .514,000 262.900 526.000 , —Clearances— Domes. W. Corn. Oats. New York.... 74,000 Philadelphia.. 104.000 Baltimore .... 107.000 Totals 285,000 Year ag0.... 95,000 - INDIANAPOLIS CASH GRAIN. —April 7 Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat —No sales. Corn —Steady; No. 3 white, 58®59c; No. 4 white, 57@58c; No. 3 yellow, S7%@ 5Kc; No. 4 yellow, 60®07c; No. 3 mixed, 56® 57c. Oats—Easy; No. 2 white, 39@40c; No. 3 white, 38®39c. 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, sl7® 18. —lnspections Wheat—No. 2 red, 2 cars; No. 3 red, 1 car; sample, 1 car; total, 4 cars. Corn—No. .3 white, 3 cars; No. 4 white, .3 cars; No. 2 yellow, 1 car; No. 3 yellow, 5 cars; No. 4 yellow, 1 car; No. 6 yellow, 1 car; No. 6 yellow, 1 car; No. 3 mixed, 3 cars; No. 4 mixed, 1 car; sample mixed, 1 car; total, 19 cars. Oats —No. 1 white, 3 cars; No. 2 white, 7 cars; No. 3 white, 2 ears; total, 12 cars. Hay—Standard timothy, 1 car; No. 1 light clover mixed, 1 car; total, 2 cars.

HAY MARKET. The following are the Indianapolis prices for hay by the wagon load: Hay—Loose timothy, new. *20@22; mlxe dhay, new, $17.50®19; baled, $19®21. Oats—Bushel, new, 43@45c. Corn—New, 63@65c per bushel. WAGON WHEAT PRICES % Indianapolis flour mills and elevators today are paying $1.30 a bushel for No. I red winter wheat, $1,27 for No. 2 red winter wheat, and $1.24 for No. 3 red winter wheat. INDIANAPOLIS PRODUCE. Eggs—Fresh, loss off, 20c. Poultry— Fowls, 26c; broilers, 1%®2 lbs, 45c; cocks, 16c; stags, 16c; old tom turkeys, 30c; young hen turkeys, 35c; young tom turkeys, 35c; cull thin turkeys not want•ed; capons, 7 lbs and up, 42c; ducks, 4 lbs. and up, 23c; ducks, under 4 lbs., 20c; geese, 10 lbs. and up, 10c; squabs, II lbs. to dozen, $6; guineas. 9-lb size, per dozen, $6. Butter—Buyers are paying 47@48c per lb. for creamery butter, delivered in Indianapolis. Butterfat—Buyers are paying 44c per lb. for butterfat, delivered In Indianapolis. M

Local Stock Exchange

—April 7 Bid. Ask. Ind. Ry & Light Cos. com. ... 60 Ind. Ry & Light Cos. pfd. ... 84 80 Inripls. & N. W. pfd 73 Indpls. & S. E. pfd 75 Indpls. St. Railway 50% 59 T. 8.. T. & L. Cos. pfd 8*) T. H„ I. & E. com 1% 5 T. 11., I. &E. pfd 7% 13 City Service com 239 24) City Servie-; pfd 66 67% U. T. of Ind. coin 1 U. T. of Ind. pfd 7 V. T. of Ind. 2d pfd 2 Advance Rumely Cos. com. ... 14 ... Advance-Rumely Cos. pfd. ... 418 Am. Central Life 235 Am. Creosotlng Cos. pfd 91 Belt. R. R. com 65 Belt R. R. pfd 43 50 Century Bldg. Cos. pfd GO Citizens Gas Cos 20% 34 Dodge Mfg. Cos. pfd 91% ... Home Brewing 43 ... Indiana Hotel com 52 ... Indiana Hotel pfd 90 Indiana Pipe Line 81 80 Ind. Natl. Life Ins. Cos 4% ... Ind. Title Guaranty 59 63 Indpls. Abattoir pfd 50 Indpls. Gas 42% 50 •Indpls Tel. Cos. com 1 Indpls. Tel. Cos. pfd 89 Mer. Pub. Utl. Cos. pfd 31 Nat. Motor Car Cos. pfd 6 9 I’ub. Sav. Ins. Cos 2(4 ... Raugh Fertilizer Cos. pfd. ... 39 Stand. Oil Cos. of led 09 72 Sterling Fire Ins. Cos 7(4 9% Van Camp Hdw. pfd 100 Van Camp Pack, pfd 90 100 Van Camp Prods. Ist pfd 100 Van Camp Prods. 2d pfd 100 Vandulla Coal Cos. com 3% Vondalta Coal Cos. pfd 4 ... Wabash Railway' pfd Wabash Railway com ... BONDS. Broad Ripple 5s 60 Citizt ns St. Ry. Cos 69 73 Ind. Coke & Uus 6s 100 Ind. Creek Coal & Min. Cos ICO Indpls. Col. & So. 5s 88 Indpls. A Martinsi llle 5s ... 54 66 Indpls & North. 5s 42% 46 Indpls. & N. W. 5s 51 56% Indpls. S. &. S. E 5s 40 Indpls. & S. E. 5s 68 Induls. St. Ry. 4s 59 63 Indpls. T. & T. 58 70 75 Kokomo, M. &W. 5s 74% 78 T. H., I. A E. 5s 46 U. T. of Ind. 5s 51 58 Indiana Hotel 2d 6s 92 Citizens Gas Cos 73% 79 Indpls. Gaa 5s 72 79 Indpls. L. A H. 5s 75 80 Indpls. Water 5s 86 91 Indpls. Water 4%s 69 73 Mer. 11. & L. 5s 88 92 New Tel. Ist 3s 91 ... New Tel. L. I. 5s 93% ... South. Ind. Power (is 100 LIBERTY BONDS. Liberty first 3%s 00.10 90.70 Liberty first 4s 87 54 Liberty second 4s 87.06 ! Liberty- first 4%s 87.72 88.20 Liberty second 4%s 87.44 87 81 Liberty third 4%s 00.70 91.3) Liberty fourth 4% 87.08 88.10 Victory 4-%s 87.48 Victory 4-%k ' 07.46 97.00

On Commission Row

TODAY’S PRICES. Apples —Missouri Jonathans, per bbl , $8; fancy Illinois Jonathans, per bbl., $8; extra fancy Grims Golden, per bbl., ss®7; extra fancy Wlnesaps, per bbl , $7; Bell Flowers, per bbl.. Si); Sp.vs, per bbl, $6; Baldwins, per bbl., $5405.50; Rome Beauties, per bbl., ss®7; fancy Starks, per bbl., $6; A Grade Kings, per bbl., $5; Spitzenburgs, per bbl., $6; Ben Davis, per bid.. $1.50®5 Bananas Extra fancy high grade fruit, 50 to 00 per bunch, per lb., B©B%c. Beans—Michigan navy in bags, per lb. 4%®5c; Colorado Pintos In bags, per lb.. 5%®00; California limas Jn bags, per lb.. B®9c; red kidneys in Bags, per lb., 10® 10%e; Cnllforulu pink chill la bags, per lb., 7®Sc. Beets—Fancy new, per dor. bunches, 85c; fancy home grown, per bu.. $125. Cabbage—Fancy Texas, new per lb., 3%c; home-grown, fancy, old, per lb., l%c. Carrots—Fancy home grown, per bu., 85c. Cauliflower Fancy California, per crate, $2.25. Gtnpefruit—Extra fancy Florida, Blue Goose brand, 545, per box. $6.75; 645. 70s and 80s, per box, $7: extra'fancy Florida*. 30s, per box. $4 : 40s. per box, $4.50; 545. per box, $5; 645, 70s and 80s. per box. $5.50; fancy Floridas. 365. per box. $3.50; 465, per box, $4; 545. per box, $4.50; 645. per box. $5 Kale —Fancy Kentucky, per sack. $1.50; fancy home grown, per bbl.. $2 25. Lemons —Extra fancy Californian, 300s to 360a, per box. $4 25. Lettuce —Fancy hot bouse leaf, per lb., 16c; fancy hot house leaf in barrel lots, per lb., 14c; fancy California Icebergs, per orate. $5. OniotiB —Fancy Indiana yellow, red or white, per 100-lb., $1.25; fancy Spanish, per bu. basket. $l5O. Oranges—California*, all grades, per box. $4.23®3.50. I'arsley—Fancy large, per doa., sl. Peppers—Fancy, small basket, 85c. Pieplant—Fancy nmne grown, per boh , $1.10; out door, per dnz., 50c. Potatoes—Fancy Michigan and Wisconsin round whites, per 150-lb hag, $2.20; 5 or 10-bng lots, per bag, $2.10; fancy lowa Gems, per 150-lb. bag. $3. Radishes—Long red. per doz., 30c; Button. home grown, per doz., 35c. Rice—Fancy head, per lb., 8c; Prolific head, per lb., 6c; fancy Blue Rose, per lb., sc. Shallots —Fancy, per do*., 60c. Spinach—Fancy, per bu. basket, $1.50. Strawberries —Fancy Louisiana, 24-pt. crates, per crate, $4.75. Sweet Potatoes —Fancy Eastern Jersey, per hpr., s2®3; fancy Indiana Jersey's, per hpr.. $2.75. Tomatoes—Fancy ripe, 6-Ib. basket, $1.50; fancy ripe, 0-basket crate, per crate, $0.50®7.50. Turnips- Fancy washed, per bu., $1.30; per crate, $2.

Weather

The following table shows the state of the went.her at 7 am., April 7, as observed by U. S. weather bureaus: Station. Bar. Temp. Weather. Indlaiutpolls, Ind. . 30.12 63 Cloudy Atlanta, G 30.20 62 Clear Amarillo, Tex. ... 29.96 36 Clear Bismarck, N. D. .. 29.8$ 18 I’tCldy Boston. Mass 30.58 40 Clear Chicago, 111 30.00 66 Cloudy Cincinnati, O. ... 30.14 60 Clear Cleveland, 0 30.18 02 Clear Denver, Colo 30.00 24 Cloudy Dodge City. Kan. . 30.10 32 PtCldy Helena, Mont 30.14 24 Cloudy Jacksonville, Fla . 30.10 64 Cloudy Kansns City, Mo. . 30.12 40 Clear Louisville. Ky 30.16 62 Cloudy Little Rock, Ark. .. 30.02 62 Rain Los Angeles, Cal. . 30.12 48 Cloudy Mobile, Ala 710.10 64 Clear New Orleans, La. . 30.08 70 Cloudy New York. N. Y. . 30.14 60 Rain Norfolk, va 30.24 60 Cloudy Oklahoma City ... 30.06 44 Clear Omaha. Neb 30.14 34 Cleßr Philadelphia, Pa. . 30.40 50 Cloudy Pittsburgh, Pa. .. 30.22 64 Clear Portland, Ore 3lfT2 38 Clear RaplH City, S. D. . 30.00 28 PtCldy Ore. ... 30.12 82 Clear San Antonio, Tex. . 29.94 60 Cloudy San Francisco, Cal. 30.12 48 Cloudy St. Louis, Mo 30.06 62 Rain St. Paul, Minn 80.00 36 Cloudy Tampa, Fla 30.10 68 Clear Washington, D. C.. 30.30 62 Cloudy WEATHER CONDITIONS. Since Wednesday morning rain* have occurred In the States west of the lower Mississippi River anil from Illinois mid Wisconsin westward, the rains changing to snows In tlie Northern plains region. Temperatures abo-'e normal continue generally in the States east of the Mississippi, but tlie readings have fallen considerably to the westward, being now from IB to 30 degrees below normal In the middle and lower Missouri and upper Mississippi Valle.vs. Frosts occurred again last night In the North jPaclflc region. J, H. ARMINGTON, Mteoroiog Ist Bureau. WHOLESALE BEEF PRICES. The following are today's wholesale prices for beef cuts as sold by the Indianapolis markets: Ribs —No. 2,26 c; No. 3,22 c. Loins— No. 2,25 c; No. 3.21 c. Rounds—No. 2, 22c; No. 3,17 c. Chucks —No. 2,12 c; No. 8,10 c. Plates —No. 2,10 c; No. 3,9 c.

Wheat Said to Be in Good Condition WASHINGTON, April 7.—The average condition of winter wheat on April 1, 1921, was 91 per cent of a normal, against 75.6 per cent on April 1, 1920, and 82.6 per cent the average condition for the past ten years on April 1, the crop reporting board of the Bureau of Crop Estimates announced today. There was nr, increase in condition from December, 1910, to April 1, 1920, of 3.1 points, os compared with an average decline in the past ten years of 4.8 points between these dßtes. Upon the assumption of average abandonment of acreage and average influences on the crop to harvest, condition April 1 forecasts a production of about 621,009,000 bushels, which compares with 577,763,000 bushels, the estimated production in 1920. The average condition of rye on Apr” 1 was 90.3 per cent, against 86.8 per rent on April 1, 1920, and 88.4 per cent for the average condition for the ten years. STILL DISCUSS WHEAT POOLING Ratification of Marketing Plan Expected. CHICAGO, April 7.—Leading farmers of the nation, attending the ratification conference on the cooperative grain marketing system proposed by the ‘committee of seventeen’’ today continued to debate on grain pooling. The committee failed to include in its plan an amendment on pooling of grain and C. O. Moser of Texas proposed that the pooling should either be voluntary or compulsory. Each delegate wns allotted ten minutes time to voice his views. Some farmers declared the pooling plan would be killed today. The conference was expected to ratify the cooperative grain marketing plan late today.

Cotton Letter NEW YORK, April 7.—Liverpool, while strong today, closing 31 to 34 points higher, met with no response, here, values being lower from the very opening until the early afternoon, when some short covering developed. The. main influence against the market here was the reported ending of negotiations in England in the coal strike. Ever sluce this labor problem has developed many traier* here, have been disposed to look on rather than enter into new commitments. and they are likely to maintain this attitude until some definite statement has been arrived at. In other respects there has been change In market factors. The weather reports will, of course, become of Increasing importance, but until we have something definite with regard to the percentage of decrease In the acreage it villi be difficult to interpret the progress of crop In terms of hales. We think the market will eunUnue rather narrow until we have something definite in England. WHOLESALE FEED PRICES. Ton Cwt. Acme Bran s3l 00 $l DO Acme Feed 32.00 1.05 Acme Midds 34.00 1.75 Acme Dairy Feed 40.25 205 E-Z-l*airy Feed 80.50 1.55 Acme H. A M 31.50 1.60 C. O. A B. Chop 24.50 1.23 Acme Stock Feed 24.50 1.25 Cracked Corn 30.25 1.55 Acme Chick Feed 30.25 2 00 Acme Scratch 36.25 1 .85 K-Z-Scratch 34.25 1.75 Acme Dry Mash 41.00 2.10 Acme Hog Feed 30.75 2.05 Ground Barley 39.25 2.00 Ground Oats 32.23 1.65 Homlick Yellow 25.00 1.30 Rolled Barley 39.25 2.00 Alfalfa Mol 38.00 195 Cottonseed Meal 36.30 1.85 Linseed Oil Meal 48.00 243 Acme Chick Mash 45.00 2.30 Acme Red Dog 44.00 2.25 FLOUR AND MEAL. E Z-Bake Bakers' flour in 98-lb. Cotton bags. SB.BO. Corn Meal In 100-lb. cotton bags, $1.90 GRAINS. Shelled corn In large lots, per bu., 68c. Shelled corn In small lots, per bu., 69e. Chicken wheat In 100-lb. sacks per sack, $3. Portland Receives SIO,OOO Park Plot Special to The Times. PORTLAND, Ind., April 7.—A plot of land comprising five acres In the northwest section of this city, valued at $lO,000. has been given to the city of Portland by the Haynes brothers, to be used as a city park. The donors nre: Walter M. Haynes, president of the Peoples’ Bank of Portland ; E. M. Haynes, head of the Haynes Milling Company; Elwood Haynes, auto mobile manufacturer of Kokomo, and C. H. Haynes, who is now on a trip around the world. The plot will he immediately Improved by city authorities, in order that the public may use it this summer.

Marriage Licenses Ernest Burch. 1112 W. Twenty-Eight. .22 Pauline Tansel, 1044 W. Twenty Ninth 21 Joseph Dickons, 841 Fayette st 30 Anna Dykes, 125 W. Sixteenth et....2S John Carson, 1160 Holliday st SO Marie Kline, 1124 Holliday st £0 George Held 1315 E. New Y'nrk 5t....28 Willna jerkins. 1942 W. Michigan 5t.,18 Lawrence O’Neill, 631 (V. Vermont 5t.22 Thesa Nurse, 821 W. New York st. ...20 Carl llening, 1224 Prospect st 23 Helen Ott, 128 W. Arlzonia 19 Paul Bernard, Y. M. C. A 23 Florence C'astlemnn, 421 E. 23d 5t,...19 Frank Ilach. Acton, Ind 30 Anna Pfendler, Acton, Ind ...SO Walter Kinney, 2239 Parker at 46 Jessie Dixon, 2126 Rural st 40 Albert Weber, 1521 Kennington 5t...52 Emma Vollmer, 57*7 Division st 22 Willtam H. lliess, Cincinnati, 0 58 Marie Seibel, 2510 Talbott ave 57 Births Mark nnd Mary Fankboner, 850 E. Morris, boy. Paul and Jessie Mykoff, 730 E. Ohio, boy. Earl and Ethel Garner, 1055 River, girl. Glen and Katherine Roberts, 3524 E. Washington, girls (twins.) Walter nud Clara Stahlut, 2435 E. Raymond, boy. Daniel and Grace Day, 2817 Baltimore, boy. Harry and Charlotte Ernstlng, 342 State, girl. William and Alma Dewey, 820 Minnesota. girl. Harold and Bessie Remlck, 1015 Elm, boy. John and Luelle Wild, Clark-Blakeslee hospital, girl. Horace and Olive Dickinson, 315 E. Nineteenth, boy. Garwood and Era Storer, 1332 N. Capitol, boy. Thomas find Constance Wilson. 36 W. Michigan, boy. Alvah and Pearl Rettlg, 3724 E. Twen-ty-Eighth, boy. Claud and Dorothy Bell, 2234 Avondale place, girl. Clinton and Katie Borden, 1542 Hoyt, girl. Louis and Grancls Mastropaolo, 418 N. Temple, boy. Deaths Loyd Le Feber, 1 hour, 920 Spruce, premature birth. Gladys Jones, 50, 2150 Fountain, carcinoma. Josephine Pattlson, 58, 338 North Holmes; epilepsy. Fred Powell, 27, 1023 Coe, pulmonary phthisis. James Frazer, 77, 1115 West Twentyseventh, cerebral hemorrhage. Charles Henderson, 49, Deaconess Hospital, lobar pneumonia. Susan Anna Rhodes, 88, 540 North King, arterlo sclerosis. James Hunter. 48, 2254 North Arsenal, acute cardiac dilitation. Mary Dellaven, 41, 1019 North Illinois, lobar pneumonia. Joslah Hedges, 76, 1925 Bloyd, cerebral hemorrhage. Alfred R. Mosey, 26, 2450 Ashland, acute dll'iatlon of heart. Mary T. Davis, 54, 1610 Martindale, carcinoma.

PRODUCTION TO AID UPKEEP OF INSTITUTIONS (Continued on Page Two.) slow and each succeeding generation was content to operate as did their fathers "It is only in the past fifty or sixty years that this great industry has arisen to a plane which entitles it to be called a scientific profession. This development has taken place largely through the in- ! fluence and Instrumentality of our schools lof agriculture, which are constantly striving to improve conditions and are ever alert in searching for new truths and new methods to advance the calling by increasing production and thereby reducing the cost of operation, j “We in Indiann are especially fortunate i in having had the wisdom and foresight to provide for the expansion and development of our great agricultural school, j which has proved such a valuable leader I in advanced thought on all things perI taining to agriculture and its allied inLdustrles. f "We are here today to discuss ways land means that may help improve the 1 standard of the farming operations on lour Stale farms. We are here to invesi tigate whereby our present methods may ! be improved in order that each State farm may be put into as high a state of fertility as possible, and may eventually : become a model farm and a practical exj ample of good farming for the observa--1 tion and helofo) assistance of others. C ITES EXTENT OF INSTITUTION LANDS. I "Indiana is an agricultural State anti ! can justly claim credit for many great i farms and farmers, but she herself is i probably the largest single farmer that ; operates in the Commonwealth. ! “At the close of the fiscal year ending Sept. 30 last, the land holding in the I twenty State benevolent, correctional and ; riennl Institutions comprised an area and 11,781 acres, and in addition to this the 1 State prison wns holding and operating 2.000 acres under lease. This land was valued at $3,248,507.72. During the last fiscal vear the Institutions were charged with farm and garden products of their own raising to the amount of $512,147.68. "On the various institutional farms there are at present 350 head of horse-, 450 head of dairy cows and approximately 2.500 head of hogs. Nine of the institutional farms have tractors and silos have been erected op twelve of these farms. The manifold advantages iof operating farms and gardens are obvious. First, thev provide healthful employment, which is exceedingly beneficial in the treatment of certain classes of in- : sane patients and defectives of other ! classes. They also afford an outlet for the str“ngth and energy of mauy of the prisoners in the penal and correctional institutions, thus utilizing all these-ele-menta for the production of food supplies, in turn decreasing the cost of maintenance and contributing to society in a twofold way. ASKS FOR WELL MANAGED FARMS. 1 "It is pleasing to see ro many of the institutions represented by their superintendents as well as by the representatives of their respective boards. I am glad for this opportunity to become better acquainted with you, and also for the opportunity given you to become better acquainted with each other. "Within the next four years I would like to have these farms become the best managed, the best equipped, stocked with the best dairy herds, and operated In the most efficient and practical way possible. I also want these institutions to be helpful one to the other I want them to function between themselves in the highest degree possible, and if at any time you can assist one another, do not lose the opportunity to do so. "If at any time you feel that you need advice on any farm problems please remember that the authorities at Purdue University are always ready to help you. Consult them freely about your problems of fertilization and drainage. They will ever respond gladly, cheerfully and intelligently. "Some of the institutions sro manufacturing wearing apparel and oilier articles which are needed in all institutions. You should patronize these sources of supply whenever you can do so conveniently on an equal basis with outside competitors. "GET TOGETHER; WORK FOR ONE BOSS." "I want you to get closer together, and remember that you are ail working for one boss, namely, the people of lnliann. Be conscientious in your work and show as good returns for your ste.wardship as possible, thereby rendering satis- ; factory services laotn to. the unfortunate who are committed to your care and to a grateful people who are paying tile expense. “1 am truly glad to meet yon here together and tell you candidly that very few changes in the management of the State s penal, correctional tnd benevolent institutions are contemplated. I am vastly more concerned in Increasing the efficiency of the institutions and in bettering the conditions of the unfortunate persons who are the State's wards, in every way possible, than I am in thinking about selecting new superintendents and new boards wherever the service that Is being rendered is up to the required standard of performance. "I regret very much indeed that Superintendent Talkington cannot be Induced to remain with the work he has here so well started- and <sb splendidly developed. 1 am pleased to make public acknowledgement here and now of the debt of obligation the State of Indiana owes to Mr. Talkington for his unselfish loyalty to his duties, and for his untiring perseverance and fidelity in carrying forward this great piece of work entrusted to his hands. I would have been greatly pleased had he felt it was possible for him to continue through my administration and assist us in solving the problems of institutional development that are looming up in the near future. BENEFICIAL PLANS ARE MATURING. "The superintendents of Insane hospitals will soon be getting ready to carry out the program that has been agreed upon to provide better and additional space for those under their care. The trustees of the penal institutions are beginning to formulate plans by which the State will offer some remuneration for the labor of the prisoners. During the brief time I have served in my present capacity, I am Impressed with the need of this. Women and children have been left destitute by no fault or act of theirs and I am giad that plans will be worked out to aid them. The great, rich Stnte of Indiana does not need to make n net profit on the work of the prisoners, and I propose to aid in helping prepare the wist to assist in caring for deserving dependents who have been bereft of their natural support. “Such plans will also give the imprisoned a brighter outlook on life and will stimulate them to better efforts if they are aware that some support is being given their families during their imprisonment, or that something Is being laid away for them when they have served their time and will be again released to the world. For some of the other Institutions I have some proposals in mind which we will take up later. LOOKS FORWARD TO GOOD RECORDS. “I am looking forward with happy anticipation to a splendid record by each institution during the next four years, and all I ask is the best possible management and the most efficient, Intelligent and loyal service. This same standard of service I will expect and demand from all State officials serving by appointment during my administration. Whatever changes I may feel Impelled to make in any department will be for the sake of Increased efficiency and improved quality of service nnd loyalty. “I am pledged to the people of Indiana to give them a clean, efficient, upright, business administration aud 1 most earnestly ask you. as members of my official family, to assist me in the redemption of that sacred pledge. "There Is no part of the administration's affairs more important than the praiseworthy and economical management of tlie various public institutions. Hence, the record maqe by you in your managerial capacities will either add to or detract from the record of the administration. "I am sure that you all realize and acknowledge the responsibilities that rest upon you. I can also assure you of my supreme confidence, good wishes and helpful cooperation during the months to come. Let us all do our best and there will be no doubt about future results.’’ Tenth Chess Game Is Set for Tonight HAVANA, April 7. —Emanuel Lasker, chess champion of the world will meet Challenger Jose Capablanca's tenth attempt at the crown here tonight. Their ninth game last night was a draw.

SHELTER HOUSE BIDS GONE OVER Park Body Takes Up Garfield Improvement. Bids on the new shelter house at Garfield Park were received and opened bp the hoard of park commissioners at tnl weekly meeting this afternoon. The shelter is to be 175x60 feet, basement and main floors, and located northeast of the present concession stand In the park. It will have toilet facilities, showers nnd lockers for tennis and baseball players and playground workers, and will be equipped with a heating plant so it may be used for winter activities. A space will be left in the basement foi possible future development Into a community meeting room. The showers and lockers will be so designed as to permit of their nae In connection with n swimming pool which may be established is the park. The estimated cost is $82,000. Bldtf were received several months ago, bnt were rejected because they were considered too high.

Sen. Beveridge Speak at^Evansvilfc Special to The Times. EVANSVILLE. Ind., April 7.—Announcement is made here that Albert J. Beveridge, former United States Senator, will speak at the Soldiers’ and Sailors’ Memorial Coliseum here next Sunday night, under the auspices of the Bethel Brotherhood. Sunday evening Mr. Beveridge will be the guest of honor at a reception given by the Press Club. Monday morning be will address the students of Lockyear's Business College. Swiss Tell Charles He Must Move On LUCERNE, April 7.—Former Emperor Charles was homeless today. He was notified that he may remain in Switzerland only long enough to arrange asylum elsewhere. It wns believed he will go to Spain. Charles arrived here last night and was met by the former Empress Zita. Her welcome was warm, although attendants declared she was greatly disappointed that her husband's venture had not regained their throne. Daugherty to Nail ‘Tricks* of Industry WASHINGTON. April 7.—A vigorous campaign to clean up business methods and remove the “tricks" from Industry was announced by Attorney General Dui> '-rty today. * Attorney. General stated be has already ordered a strict probe of alleged irregular practices In the building trades materials Industry and that counsel will be appointed to push this campaign IjL, New York, Chicago and other la:ife cities. "And that goes for all other business," the Attorney General warned, stating that now Is the time to clean up any irregularities in business methods. Marion Cos. Woodmen to State Camp Named The following delegates to represent the Marion County camps of the Modern Woodmen of America at the State camp, at Columbus, ind., in May, were elected at a meeting of the county camps last night in the Criminal Court room: William D. Headrick, Edwin B. Pugh. Earl Edmonson. Fred Ogle, Walter Klrech, Frank Gruber. Harry Stumph, Thomas Perkins and G. R. Jenkins.

Obregon’s Iron Hand Seen in Execution MEXICO CITY, April 7.—Another indication that President Obregon is determined to deal with the revolutionists with an iron hand came today when It was learned that Gen. Guglio who started an uprising in the State oN Chiapias, was executed by a firing squad. Price Reduction May Start Plants Special to The Times. ITARTFORD CITY, Ind., April T.— The reduction of 21 per cent In the price of window glass may mean an early resumption of machine operated plants, in the opinion of Gus Andre, a member of the executive board of the workmen's organization, who returned today after a board meeting In Pittsburgh. Tokio Slums Homeless in $2,000,000 Fire TOKIO, April 7. —Thousands are homeless today as a result of the biggest fire here in eight years, which yesterday destroyed hundreds of houses in the poorer section of the city. The fire threatened the famous Asakusa temple. The property damage was estimated today at $2,000,000.

Vesuvius Spouting: Pillars of Flames ROME, April 7.—The great Vesuvius volcano Is In action again today, huge columns of flames and smoke leaping skyward. Tomorrow is the fifteenth anniversary of the volcano's terrific eruption. A Mother Sues Son Special to The Times. SHELBYVILLE, Ind.. April 7.—A comj plaint has been filed in Shelby Circnfl Court- by Mrs. Martha Maxwell again h<-r son, Charles Maxwell, for the possession of real estate and for damages In the sura of SIOO. The complaint was appealed from the Justice of the peace. The plaintiff charges that a lease on a farm which she owns in this county, held by her son, expired on March 1, 1921, and although she had given verbal and written notice that she desired the possession of the property after the lease had expired, the defendant continues to hold the place and refuses to recognize her claim. The farm has been managed by the defendant for the last seven years, a contract being renewed annually. FORM CANNING CLUB. HARTFORD CITY, Ind., April 7.—A canning club for farm women and girls was formed for Blackford County here Wednesday. Mrs. R. G. Stallsmlth is president and Mrs. Charles Anthony, secretary. SERGEANT M’CLAIN IMPROVING^! Henry D. McClain, sergeant In of the police motorcycle squad, whofc"|s| Injured Tuesday night In a fall motorcycle, is Improving, physicians at the city hospital tod. v r ROTTEN ROW. Q. I am sending you a post card showing carriages on Rotten Row. You say only the King can drive thereon, new about it? ENGLISHWOMAN. A. The ard shows both Rotten Row, which Si • bridle path, and tSB driveway wbleh runs beside ti*