Indianapolis Times, Volume 33, Number 297, Indianapolis, Marion County, 22 April 1921 — Page 17

STOCK MARKET TONE UNSTEADY Studebaker Features Market— Prices Generally Up. ) NEW YORK, April 22.—Most Interest was attached to the trading in Studebaker at the opening of the stock market today. That issue had a wide opening, first sales ranging from 86*4 to 86%, after which it had a quick advance to SS%, an overnight gain of 2% points. Price movements in other issues were mixed, but the trend was generally to higher figures. Cosden Oil continued in good demand and Rfter- dropping % of a point to 38*4, quickly recovered to 40%. Mexican Petroleum made a gain of over 1 point to 14,V%. Sinclair rose 1 point to 26%. The advance in Studebaaer was followed by a gain of 1 point In Chandler and Pierce Arrow. m The rubber stocks were also In deHaml, substantial Improvement being ■ade by United States Rubber and Ajax. ■ Steel common rose 14 of a point to 8114, Hu the other steel shares were in supply. ■ Crucible fell 1% points to 75%. and shaded off % of a point to 85%. ■Corn Products sold up 1% points to "famous Players rose I*4 points to 76*4. and Atlantic Gulf nearly 1 point. The chief feature of the market during the greater part of the forenoon was the luereased activity all through the list, with the exception of the railroad shares. Dealings in Studebaker were on an extremely large scale and after the urgent buying in the early trading which carried the stock to 89*4 it was lu supply on a large scale and dropped back to 86. The petroleums became the chief feature after that movement. Mexican Petroleum moving up to 147% for a gain of 2*4 points. Cosden Companv, after advancing to 40*4. fell off to 38%. There was little doing in the steel Industrials, which held steady. (By Thomson A McKinnon.) —April ~ — We have had a delightful chance in oar market today. It is no longer the single feature market that we have had recently. Activity broadened to such an extent as to bring within the active list a great variety of stocks. There was a notable increase in public Interest, as the bulk of business came from commission houses. In the early trading, attention was again centered on Studebaker and while the volume of business in this Issue was considerable, honors were shared by other Issues that scored substantial gains dqring the day. The news was favorable, especially In relation to the big problem In Europe. Money was also favorable to the market. the supply being ample and the rata - reasonable. We see in the developments a foundation for optimism, but it Is still necessary to pursue a conservative course. It is far better to move along step by step with the progress of events, but not becoming over-enthusiastic or over-con-fident, and would therefore continue the polit y’ of taking advantage of recessions as they come, to take on stocks lu reasonable volume. CLEARING HOUSE STATEMENT. NEW YORK, April 22—Exchanges, ,$536,211,580: balances, $58,727,093; federal Reserve Bank credit balances, $54,403.846.

Money and Exchange Indianapolis hank clearings Friday were $2,117.1X0, against $2,209,000 Friday a week ago. NEW TORK, April 22,+The foreign exchange market opened down today with demand Sterling off %c at $3.92*4- Franc* were down 1 centime at 7.28 e for cables and 7.22 c for checks. Lires dropped 32 points to 4.66 c for cables and 4.63 c for checks. Belgian cables were 7.40 c; checks, T. Guilder cables were 34 78c; checkC $4 76c. Swedish kronen cables were 23.66 c; checks, 23.61 c. Marks were 1.43 c. NEW TORK CALL MONET. NEW YORK, April 21.—Money-Call money ruled 6*4 per cent; high, 6>4 per cent flow. 6% per cent; time rates steady, ail 6%((i" per cent; time mercantile paper steady. Sterling exchange was steady, with business in bankers’ bills at $3.92% for demand. MOTOR SECURITIES. (By Thomson & McKinnon.) I -April 22- ' —Opening— Bid. Ask. Briscoe 16 17 Chalmers c0m.... 1 I*4 Packard com 10*4 11 Packard pfd 71 77 Chevrolet. 100 400 Peerless 22 26 Continental Motors com 6 6*3 Continental Motors pfd 88 92 Hupp com 14*9 15 Hupp pfd 88 92 Reo Motor Car 21*4 lf2’4 Elgin Motors 5*4 6% Grant Motors 3% 3% Ford of Canada 270 285 United Motors 20 60 National Motors 6 IO Federal Truck 19 21 Paige Motors 20 22 ■nubile Tfuck 19 21 ACTIVE OIL STOCKS. (By Thomson A McKinnon.) —April 22 —OpeningBid. Ask. Anglo-American Oil 17 17*4 Atlantic Lobos 23 26 Borne-Scrymser 360 390 Buckeye Pipe Line 82 83 Chesebrough Mfg. Cons 190 210 Chesebrough Mfg Cons., pfd. 99 101 Continental Oil. Colo 121 ' 125 Cosden Oil and Gas 6 6*4 Crescent Pipe Line 28 30 . Cumberland Pipe Line 135 143 Elk Basin Pete 9>/4 9% Eureka Pipe Line 92 95 Galena-Signal Oil. pfd 93 97 Galena-Signal Oil, com 40 44 Illinois Pipe Line 174 177 Indiana Pipe Line 84 86 Merritt Oil 11 .... Midwest Oil 2 2% Midwest Rfg 143 146 National Transit 28 29 New York Transit 144 148 Northern Pipe Line 93 97 Ohio Oil 300 303 Beun.-Mex 30 33 Prairie Oil and Gas 503 515 Prairie Pipe Line 192 196 Sapulpa Refg 4% 4% Refining 410 420 ► Southern Pipe Line 97 100 South Penn. Oil 233 23? Southwest Penn. Pipe Lines 68 71 Standard Oir Cos. of Cal 75% 75% Standard Oil Cos. of Irid 7414 75' Standard Oil Cos. of Kan. ... 625 625Standard Oil Cos. of Ky 405 415 Standard Oil Cos. of Neb 165 175 Standard Oil Cos. of N. Y. ... 373 377 Standard Oil Cos. of Ohio 385 395 Swan A Finch 35 45 Union Tank Line 103 107 Vacuum Oil 298 303 Washington Oil 28 32 NEW YORK CURB. (By Thomson A McKinnon.) —April 21— —Closing—- _ , Bid. Ask. Curtis Aero, com 3 4 Curtis Aero, pfd 10 20 Texas Chief 7 44 First Nat. Copper % ju Goldfield Con .~ 7 8 Havana Tobacco 1 lit, Havana Tobacco, pfd 4 6 ’ Central Teresa 2 4 Jumbo Extension 4 6 Internat. Petroleum 15% 16 Nipissing 0% 6% Indian Pkg 1 % 2% Royal Baking Powder 113 116 Royai Baking Powder, pfd... 80 84 Standard Motors 6 7 Salt Creek 30 35 Tonopak Extension 11 16 13-16 Tonopah Mining 1% ]% cfnited P S new 1% i% U. 8. Light and Heat 1% 1% U. 8. Light and Heat, pfd... 1 2 Wright Aero 2 4 World Film 1-16 3-16 Tuko E Gold Mine Cos % 1 Jerome % 3. 16 New Cornelia 10 13 United Verde 24 27 Sequoyah 316 5-16 Drear Oil 2*4 2% lep. Tire % 1% jjoble Oil 36 40

N. T. Stock Pri*k 1 —April 21— Prev. High. Low. Close. Close. Adv.-Rumely pf. 60 60 60 >.... Ajax Rubber.... 33*4 33 % 83% 33% Allls-Chalmers . 37% 87% 87% 87 Allied Chem.... 42% 42% 42% 42% Am. Beet Bug.. 37 37 87 37% Am. Car & Fdy.l22 121% 121% 122% Am. Can 29 28% 28% 28% Am. H.&L. com. 8% 8% 8% Ajn. H.&L. pfd. 42% 42% 42% Am. Ice 54 62 % 54 62 Am. Int’l Corp. 42% 42 42% 42 Am. Linseed.... 45 45 45 45 Am. Locomotive 85 84% 84% 84% Am. S. & Ref... 4 39% 39% 40 Am. Sugar Ref. 88% 87% 88% 88% Am. Sum. Tob.. 72% 70% 71% 72% Am. Steel Fdy.. 29% 29% 29% 29% Am. Tel. A Tel. 106% 106 106% 106*,? Am. Woolen ... 72% 71% 72% 72% Anaconda Min.. 38% 37% 38% 38 Atchison 80 79% 79% Atl. Gulf A W.l. 33% 38% 35% 35% Baldwin L0c0... 86% 84% 86% 85% B. & 0 33% 38% 33% 33% Beth. Steel (B). 54% 54 54 % 54% California Pete.. 46% 46 40% 46% Canadian Pac...110% 109% 110% 109% Central Leather 34% 34 34%. 34% Chandler Motor. 82 79% 82 C. 24% 24% 24*4 24% C.,M.ASt.P. pfd. 3S 37% 38 37% Chi. A North... 61% 61 61% 62% C..R.1.&P 26 25% 25% 25% C..R.1 AP. 7% p. 70% 70% 70% Chili Copper ... 11% 11% 11% 11% Chino Copper... 23% 22% 23% 22% Coca Cola 27% 27% 21% 27% Columbia Gas... 61% 61 01% 61% Columbia Graph 9% 8% 8% 9% Consolidated Gas 83% 85 85 85% Corn Products.. 72% 71% 72% 71% Crucible Steel... 78% 74 76% 70 Cub. Am. Sug.. 22% 22% 22% 22% Cuba Cane Sug. 19% 18% 19% 19 Dole. A Hudson 9S 98 93 92% Dome Mines.... 21% 20% 20% 21% Erie 12% 12% 12% 12% Erie Ist pfd.... 18% 18% 18% Famous Players 70 74 % 75% 75 Fisk Rubber Cos. 15% 15% 15% 15% General Asphalt. 64% 61% 63% 64 General Cigars.. 59% 59 59% Gen. Electric.... 136 135% 133% 136% General Motors. 13% 12% 13% 13 Goodrich 86% 85% 36% 36% Gt. North, pfd.. 68% 68% 68% 68% Hupp Motors 14% 14--- 14% 14 Houston Oil 79% 79 79 % 80 Inspr. Copper... 34% 53% 34 84 Interboro Corp.. 4*5 4% 4% 4% Island Oil 4% 4% 4% i% Inti. Harvester.. 88% 87% 87% 88 Inti. Nickel 14% 14% 14% 13 Inter. Paper 60% 59 60% 69% Invincible 0i1... 21% 20% 20% 20% K. C. Southern. 26 25% 28 25% Kelly-Sprng Tre 40 39% 39% 40% Kennecott Cop.. 20 19% 20 19% Lackwanna StL. 48% 47% 48 ..... Loews. Ine. ... 18%. 19% 18% 16% Marine Com. ... 13% 13% 13% 13% Marine pfd 50% 50 50 50% May stores .... 90% 90% 90% 92 Max. Mo. 2 pfd. 7 7 7 .... Mex. Petrol. ..145% 142% 144% 144 Miami Copper . 21% 20% 21 21 M. S. Oil 14% 34% 14% 14% Midvale Steel .. 27% 27% 27% 27V* M.K&T 2 2 2 2 Mis. Pac. Ry. .. 17% 17% 17% 17% Mis. Pac. Ry. .. 36% 36% 36% 30% National Lead .72 71% 72 71% N. Y. Central .. 68 67% 68 69% New Haven 17% 10% 17% 16% North. Pacific 71% 71 73% 71% O. P. & R. Co*. 3% 3% 3% 3Vi O. PA R. Cos.. 3% 3% 3% '3% Pacific Oil 37% 36% 36% 36% P-Amer. Pet. .. 71% 69% 69% 70% Tenna. Ry. ... 35% 34% 85 35% People’s Gas ... 47 40% 46% 46% Pierce-Arrow .. 34% 32% 34% 32% Pierce Oil Cos. .. 11% 11 11% 11 Pittsburgh Coal 60** 59 59 50% P. Steel Car .. 85 85 85 P Pal. Car ..103 102% 102% 102% Pure Oil 35%. 33% 35 33% Rav Copper ... 13 12% 12% 13 Reading 68% 67% 68% 67% R I. A Steel... 00% 58% 60% 00% Replogle Steel . 25 23 25 25 R D. of N. Y .'61% 61% 01% 62% Sears Roebuck 76% 76% 76% 77 Sinclair 25% 24% 25% 25 Sis -Shild. S A I 39 39 39 33 South. Pacific.. 74% 73% 74% 73% Southern Ry ... 21 % 20% 20% 20% Std Oil N. J.. 152 148% 148% 155 St LA S F com 21 20% 20% 21 Stromberg Oarb37% 30% 37% 35% Studebaker 87 78% 85% 78% Tenn. Copper.. 8% 8% 8% . 8% Texas Cos 43% 42 43% 42% Tex. A Pae 20% 20 20 20% Tobacco Prod. 49% 49 49% 49 Trans. OU 12% 12 IS% 12% Union Oil 22% 21 22% 20% Union Pacific. .115% 115 115% 115% Untd. Rot. Strß. 49% 19% 49% 49% U. S. Food Fro. 20% 17% 18% 21% United Fruit... 107 106 106% U. S. Ind. Aleo. 67% 65% 60 67 U. S. Rubber.. 72 69% 71% 09% U. S. Steel 81% 80% 81 % 81% U. S. Steel pfd.llo 110 110 109% Utah Copper 51 51% Vanadium Steel. 29 28 % 29 29% Vlr -Car. Chem. 29% 29% 29% Wabash 7% 7 7 7% Wab. Ist pfd.. 19% 19% 19% 19% White Oil 17 18% 16% 16 Western Union. 89 89 89 89 Wesths. Elec... 47% 47% 47% 47% Wlllys-Overland .8 7% 8 7% Worth. Pump.. 48% 4714 47% 49

NEW YORK LIBERTY? BONDS, —April 21— Prev. High. Low. Close. Close. L. n. 314s ... 89.56 89.00 89.10 89 10 L. B. Ist 4s 87.10 87.20 L. R. 2d 45.. 87.20 87.20 87.20 87.22 L. B. Ist 4'-*s. 87.40 87.21 87J2 87.20 L. B. 2(1 4'.45. 87.38 87.28 87.32 87.30 L. P.. 3d 4Vis. 90.34 90.18 9<> 20 90.10 L. B. 4th 4Vis 87.40 87.36 87.42 87.34 Victory 3%s .97 48 97.44 97.30 97.46 Victory 4%s . 97.30 97.44 97.48 97.40 TWENTY STOCKS AVERAGE. NEW YORK. April 22.—Twenty industrial stocks averaged 76 54, np .46 per cent. Twenty active rails averaged 69 54, up .27 per cent, NEW TORK METAL MARKET. NEW YORK, April 22.—Copper—Quiet; spot, April and May, 12%@12%e; June and July, 12%(§|13c. Lead —Firm; spot. 4.50(514.60c; April, May and June, 4.45(3 4.55 c. Spelter—Firm; spot, April, May and Jtiue, [email protected]. NEW YORK WOOL MARKET. NEW YORK, April 22. —Wool was quiet today. Domestic fleece. XX Ohio, was quoted at 22044 c per lb; domestic pulled, scoured basis, 18072 c per lb, and Texas domestic, scoured basis, 40@82c. NEW YORK HIDE MARKET. NEW YORK, April 22.—Hides were notice on the market today. Native steer bides sold at 10c per lb, while branded steer hides were quoted at 7c. NEW YORK RAW SUGARS. I®W YORK, April 22.—Raw sugars wore easy on the market today. Cubas sold at 5.76 c per pound, duty paid, while Porto Ricos were quoted at 5.27 c per pound, delivered. NEW YORK REFINED SUGAR. NEW YORK, April 22.—Refined sugar was dull today, with fine granulated selling at [email protected] per lb. NEW YORK PETROLEUM. NEW YORK, April 22. Petroleum ws firm today, with Pennsylvania crude petroleum quoted at $3.25 a barrel. CHICAGO STOCKS (By Thomson & McKinnon.) —April 22Open. High. Low. Close. Armour, pfd. .. 89% 8944 S!i% B',V S Carbide & Carb. 52 52 51 >4 51 14 Libbv 9% 10 9% 0% Mont.-Ward ... 17% 18 17% 18 Nat. Leather ... 7% 7% 7% 7% Pears-Roebuck . 76% Stewart-Warner 27 27*4 27 27% Swift &Cos 99% 99% 90% 99% Swift Inter. ... 25 25 24 % 20 Reo Motors .... 21 CLEVELAND PRODUCE. CLEVELAND, April 22.—Butter—Extras. In tubs. 51% 052 c; prints. 52(553c; extra firsts, 50@51c; firsts. 49%(®50e; seconds. 35039 c; packing stock, 12@17c; fancy dairy, 27<!|32c. Eggs—Fresh gathered Northern extras, 28%e; extra firsts, 27%c; Ohio firsts, new cases, 26%c; old! 25%c; Western firsts, new cases, 25%c. Poultry—Live heavy fowls, 35c; roosters! 23c; spring chickens, 34035 c. WHOLESALE BEEF PRICES. (Quotations by Swift & Cos.) The following are today’s wholesale market prices for beef - cuts as sold by the Indianapolis markets: Ribs—No. 2,26 c; No. 3.22 c. Loins— No. 2,24 c; No. 3,21 c. Rounds—No. 2, 22c; No. 3,19 c. Chucks—No. 2,14 c; No. 3.12 c. Plates—No. 2. 9c; No. 3, Bc.

HOG MARKET SLOW, STEADY Light Hogs 10 Cents Lower in Cases—Cattle Trade Slow. RANGE OF HOG PRICES. Good Good Good April Mixed. Heavy. Light. 10. $8.50® 8.75 SB.OO ® 8.50 $8.76® 9.00 18. 8.50 ® 9.25 B.oo® 8.50 9.25® 9.60 19. 8.50® 8.76 B.oo® 8.50 8.75® 9.00 20. 8.50® 8.65 B.oo® 8.50 8.65® 8.75 21. 8.60 8.25® 8.50 8.50® 8.60 22. 8.50 8.25® 8.50 8.50 Hog prices were steady to 10*c lower at the opening of the local livestock exchange today, with a top of $8.50 and the bulk of the sales at that price. Heavy, mixed, medium and light) hogs sold at $8.50 during the first hour of the market. After the first hour there seemed lo be a let-up in the demand, both the shippers and local packers bidding 23c lower. However, there were only a few sales at $8.23 up to a late hour in the afternoon. Receipts for the day approximated 8,000 frfesh and close to 1,300 left over from the market of the day before. It was estimated that only about half the receipts had been 'sold up to the middle of the forenoon and some of the buyers stated that prices would be lower before the close. Pigs sold at sB@B 50 and roughs at $5(6 6.75, with one or two sales at $7. Receipts in cattle were light today and trade was slow. Prices were steady to 15c lower on some of the common cattle of all grades. There were closb to 500 cattle on the market. Calf prices were steady to strong, with a top of sll, and the bulk of the choice calves at [email protected]. Good calves brought $9.50@10 and mediums $8.50<g9. Common grades of calves were strong. Receipts approximated 700 calves. There was not a sufficient number of sheep and lambs in the pens to establish a market.

HOGS. Best light hogs, 100 to 200 lbs. average 8.50(31 8.60 200 to 300 lbs 8.25(0 8.50 Over 300 lbs 8.00 Sows 6.00(0 7.00 Stags s.(Kt@ 6.00 Best pigs, under 140 lbs B.oo® 8.50 Bulk of sales 8.60 CATTLE. Prime eornfed. steers, 1,000 lbs. and up 8.23<3 9.50 Good to choice steers, 1,200 to 1,200 lbs 7.50(@ 8.50 Good to choice steers, 1,100 to 1,200 lbs 7.25<3 8.50 Good to choice steers, 1,100 to 1,200 lbs 7.25® 8.25 Medium steers, 1,000 to 1,100 > lbs 6.75<3 8.00 Common to medium steers. 800 to 1,000 lbs 5.25(3 0.25 —Heifers and Cows— Good to choice heifers 7.00® 8.93 Medium heifers 5.50® 6.50 Common to medium heifers .. 5.00<3 6.00 Good to choice cows 5.00® 7.00 Fair to medium cows 4.50(3 5.50 Cuttebg 3.00(3 4.25 Cauners 2.25® 2.75 —Bulls— Good to choice butcher bulls. Koo<3 6.25 Bologna bulls 5.00<3 5.25 Light common bulls 4.00® 4.50 —Calves— Choice veals 10.00® 10 50 Good veals e 50® 10 OO Medium veals B.ih)@ 9.51, I ightwelght veils 6.00® 7.50 Common heavyweight calves. 5.00(g) 7.00 —Stockers and Feeders— Good to choice steers under 800 lbs. 7.00® 8.00 Medium cows 4.75® 5.00 Good cows 5 oo® 550 Good heifers 5.253 6.25 Medium to good heifers 4.25® 5 75 Good miikers [email protected] SHEEP AND LAMBS. Good to choice sheep 2 00® 3.00 Fair to common sheep 1.50(55 2.50 Tucks 2.00<@ 300 Cull sheep I.oo@ 1.75 —Lambs— Common to choice yearlings.. 5 00@ 6.50 Good lambs 7.00@ 8.50

| Other Livestock 1 — CHICAGO,* April 22.—Hogs—Receipts. 29.000; market 10@25c lower; bulk, $7.75 @835: butchers, $7.25(ft8.20: packers. $0 ou@7 5O; lights. $8.20(7i.3.50: pigs. $7 50 @8.25; roughs, [email protected]. Cattle—Receipts, 6.800; market steady; beeves, s7@ 950; butchers, $5.3D@9; esnners and cutters, $2.25(714.50: stockers and fe-dors. $5.25(38: Anus. [email protected]; calves, s“@9 50 Sheep -Receipts. 10,000; market steady; lambs, [email protected]; ewes. $2 [email protected]. CINCINNAII, April 22. -Hogs He ceipts, 4.500; market generally 25c lower; heavy hogs. [email protected]; mixed and mo’ (Hums, $3.25; lights and pigs, $8.50; roughs, $0.25; stags, $1.25. Cattle-Re-ceipts, 1,100: market slow to steady; 'bull*, 60@750 higher; calves, $10.56. Sheep aud lambs—Receipts, 400; market steady. CLEVELAND, April 22. eelpts, 2,5()0; market 23c lower; vorkers. *8.60; mixed, $8.<)0; medium, $7.50; rigs, $8.60; roughs. $0.50; stags $!.50 cattle Receipts. 250; market slow. Sheep and iuiubs Receipts, i,.vw>; market steady; top, $10.25. Calves —Receipts, 350; market, $1 lower; top, $10.50. BAST ST. LOUIS. April 22—Cattle*— Receipts, 4,500; market stead v; native beef steers. s7.7s@B:V>; yearling’ beef and heifers, [email protected]; cows, S4 [email protected]; stockers and feeders, $5 50(71,7; calves. sß@s.so; canners and cutters. |2.25@4. Hogs- Re ceipts, 10.000; market, 25c lower; mixed a tie! butchers, $7.75@,8.25: good heavies, $7 50(7f9; rough heavies. $5 [email protected] ; lights [email protected]; pigs. [email protected]; bulk of sales, #7.75@8 10. Sheep- Receipts, 1200; umr kot steady; ewes, [email protected]; lambs, $9.50 @10; canners and cutters, s2@4. EAST BUFFALO, April 22. -CattleReceipts, 800; market slew 25c to 50c lower; shipping steers, sß@9; butcher grades, [email protected]; cows, s2@7. Calves - Receipts, 3,200; market active, steady; hulls, choice, $4.50(312. Sheep and lambs Receipts, 6.000; market, active; lambs, 25c up; choice lambs. $12(3 2. 5<>; culls, fair. $“@11.50; yearlings, sß@9; sheep, [email protected]. Hogs -Reci tpts, h.iMO; market active, 25c to 50c off; yorkers,' $8.75(39; pigs. $9; mixed, $x "5(3s \5: heavies, [email protected]; roughs, [email protected]; stags, s4@s. PITTSBURGH, April 22.—Cattle- Reeeq t*. *,.ic 111 rki i sieic. : cli 1 *a ) @9.60; good, [email protected]; fair, [email protected]; veal calves, [email protected]. 3heep ami i.imos —Receipts, fair; market steady; prime wethers, $6.75(37.25; good, [email protected]; mixed ft -in mii - -io 50. (- Hogs—Receipts, 35 double decks; market lower; prime heavies, s7,7s@jS; mediums, $8.51)@8.i'5; heavy yorkers, $8.50 @8.75; light yorkers, [email protected]: pigs, $8.50® 8.75; roughs, $5.50@6; stags, $3.50@4.

Hog Values Continue on Downward Trend CHICAGO, April 22.—Prewar levels In hog prices were reported today for tho first Mine from tho principal live stock markets of the Middle West and traders predicted a further drop in values. Declines have been in progress steadily for more than a week and today touched the lowest prices since 1916 in Chicago, Cleveland, East Pt. Louis, Indianapolis and other markets. In Chicago top light hogs hit $8.33 per hndredweight today, the lowest price since February, 1916. As an indication of the force with which readjustment has hit the hogralslng industry, packers pointed to the fact that today's price is $15.25 per hundredweight under the highest price on record in the local market. This price was recorded in July, 1919, when best hogs went to $23.60. An apparent desire on the part of growers to unload is given as one of the principal factors in the present decline. Receipts at the Chicago market and at other principal markets during the past few days have been beyond expectations end tho packers have failed to absorb the surplus. CLEVELAND, April 22.—Hogs continued their downward trend at the Union Stock Yards here today, all grades selling off 25 cents from yesterday’s fiveyear low record. Calves also were lower, a reduction of $1 being recorded. EAST ST. LOt;IS, 111, April 22.—Hogs sold at the Notional Stock Yards toylay at the lofvest prices since 1916, sejjkng from 15 to 30 cents down from yestewiy.

INDIANA DAILY TIMES, FRIDAY, APRIL 22, 1921.

GRAIN VALUES SUSTAIN GAINS Market Close Very Unsettled —Provisions Higher. CHICAGO, April 22.—Grains were gen. erally higher in trading on the Chicago board of trade today. The market was unsettled. There was little news to affect the market, Provisions were higher. May wheat opened up %c at $1.28, and advanced 2%c at the close. July wheat opened up %c at $1.06%, and closed %c higher. May corn opened at 60c, up %c, and closed an additional %c higher. July corn opened up %e at 02%c, and rose to 63%c at the close. September corn opened %c higher at 04%c, and closed %c higher. May oats opened unchanged at 38c and closed up l%c. July oats opened unchanged at 3!)%c and were up %e at the end. September oats opened at 40c, up %c, and lost %c in later trading. (By Thomson A McKinnon.) —April 22Wheat—The Kansas report suggests a yield somewhat larger than a year ago, none the less It is significant for tko reason that the condition is not as high, as had been expected. The Modern Miller says that reports of turning color are so numerous as to be worthy of mention. This, very naturally, suggests that the entire crop may be like the Kansas crop, namely not as good as has been painted. The real feature in the market Is the continued strength in cash wheat. Southwest offerings are distinctly limit and, even under advancing premiums. Millers are showing a little more Interest and it is claimed that it is necessary to bid 5 to 6 cents higher than exporters are paying in order to fill requirements. The seaboard reports 600,000 sold in Belgium and Germany. There has been buying of the May wheat in this market by exporters which corroborates the. above estimate. Seeding of spring wheat is being delayed and warmer weather is desired for seed already in the ground. We believe the cash whent situation will keep the undertone of the entire market firm and prices will be particularly sensitive to unfavorable crop news because of the close adjustment between prospective world’s needs and supplies. Corn and Oats—Seaboard exporters remain in the market for corn, but the volume of business closed is less than recently as sellers are more confident of their position. There is, also, eom indication of a broadening domestic inquiry. It Is claimed that fully 5,0.)0,000 bushels of the stock of corn in Chicago has been sold within the last ten days or two weeks. We are unable to discover that the country Is increasing’its offerings to any extent. We may, therefore. expect a considerable decrease In Chicago stocks and a fair decrease in the visible surply. Provisions—Buying of lard and ribs by larger packers uncovered a soid-ont condition In the market. A better cash trade Is expected, but is not yet presented. We anticipate the c.ppeurance of strength in this market CHICAGO GRAIN. —April 22WHEAT— Open. High. Low Close. May 1.28 1.30% 1.27% 1.30% July 1.06% 1.07% 1.03 1.U7% COHN— May 69 61% 39% 60% July 62% 63% 61% 63% Sept 64% 06 63 % 65% OATS— Mav 38 '30% 37% 39% .Tulv 39% 39% 38% 89% Sept 4040% 39 30% FORK— May 15.00 15.50 15.00 15.50 •Tilly 15.00 16.00 15.45 10.00 LAUD — Mav 9.80 0.80 0.40 9.80 July 9.77 10.23 075 10.22 RIBS— May 8.75 9.15 8.70 9.12 July 9.50 9.60 0.05 0.47 RYE May 1.21 1.23% 1.20% 1.23% July 1.00 1.00 98 1.00 Sept 94 01% 89% 92 CHICAGO CASH GRAIN. CHICAGO. A prll *2—Wheat—No. 2 red, sl.3 5 %@140; No. 3 red, $136%: No. 1 hard winter, $1.45; No. 2 hard winter, $1.43; No. 2 northern spring. $1 46%(2 1.47; No. 3 spring, $1.87. Corn—No. 2 white, C0%@67 .; No. 2 yellow, flo%@6lc; No. 3 w hite. 68@59e; No. 3 yellow. 5S@ 59%e; No. 4 white, 3<@sßc; No. 4 yellow 50@08c. Oats No. 2 white, 39%c; No 2 white. 38%@39%c; No. 3 white, 38%c; No. 4 white, 38c.

TOLEDO CASH GRAIN. TOLEDO. April 22.—Wheat—Cash. $1.40%; May, $1 41%; July, $1.12%. Corn No. 3 yellow, 6lc. Oats- No. 2 white, 43@44c. Rye No. 2. B 1 34. Bariev No. 2,66 c Cloverseed C * (1920>, $12.50; April, $11; October, $9.30. Timothy—(’ash (1918), $305; cash (1919), $3.10; cash (1920), $3.15; April and May, $3; September, $3.30. Alsike Cash (new), sl4. PRIMARY MARKETS. (By Thomson A McKinnon.) —Aprli 22Wheat. Corn. Oats. Chicago 88,000 180 000 139.000 Milwaukee ... 7,000 7.90 Q 0.000 Minneapolis.. 372,000 18,000 27,<fcJ0 Viuluth ....... 00.0(H) t. Louis 64.000 25,000 28,000 Toledo ...7*... B.WH) 10.000 29,000 Detroit 2.000 4.000 Kansas City.. 223,000 IHOix) 3,000 Peoria 3.0(H) 37,000 14,090 Omaha (Holiday). Indianapolis .. 9,000 22.000 54,000 Totals 816.000 321.<M>0 298,<H)0 Year ago... 631.000 350,000 301,000 —Shipments Wheat. Corn. Oats. Chicago 38,000 71.000 224Jhhi Milwaukee ... 6.000 12,000 19,000 Minneapolis .. 144.0(H) 12,(H) 58.000 Duluth 123,000 363,000 St. Louis 206.000 39.000 66,000 Toledo 6,000 10,000 Detroit 2,000 4,OK> Kanr 11 s City.. 221,000 10,000 20.000 Peoria I.<hiO 14,000 0,000 Omaha (Holiday.) Indianapolis .. 3,000 11,000 20,000 Totals 750.000 534.000 430,000 Year ago... 309,000 113,000 108,0.(0 Clearances— Domes. W. Corn. Oats. New York.... 8,000 Baltimore .... 40.000 New Orleans.. 176.000 Totals 224,000 Y'ear ago... 181,000 INDIANAPOLIS CASH GRAIN. —April 22Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat —Firm: No. 2 red, $1.36(3)1.38, 1 Corn—Firm: No. 3 white, 62@62% ; No. 4 white. 61@62c; No. 3 yellow, 61@82c; No. 4 yellow, 00@61c; No. 3 mixed, 58@ : 500. Oats—Firm; No. 2 wnite, 40(§!40%c; No. 3 white. 39@39%c. i Hav—Weak; No. 1 timothy, $19.50@20; No. 2 timothy, $19@19,50; No. 1 light clover mixed, $18.50(3)19.50; No. 1 clover hay, slo@l7. —lnspections—- ’ Wheat—No. 1 red, 1 car; No. 2 red, 5 I ears; No. 3 red, 2 ears; No. 4 red, 2 cars; sample, 1 car; total, 11 cars. Corn—No. 2 white, 1 car; No. 3 white, 0 cars; No. 4 white, 2 cars; No. 2 yel low, 1 car; No. 3 yellow, 8 cars; No. 4 yellow, 1 car; No. 0 yellow, 1 car: No. 3 mixed, 2 ears; No. 6 mixed, 1 car; total, 26 ears. Oats —No. 2 white, 21 cars; No. 3 white, 3 cars; sample white, 1 car; No. 2 mixed. 1 car; No. 3 mixed. 2 ears; sample mixed' 1 ear; total, 29 cars. Rye—No. 2. 1 cur.

HAY MARKET. The following are the Indianapolis prices for hay by the wagon load: Hay—Loose timothy, new, *20022; mixed hay, new, $17.50019; baled, $19021. Oats—Bushel, new, 40@42c. Corn —New, 60@65e per bushel. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying $1.20 a bushel for No, 1 red winter wheat, $1.17 for No. 2 red winter wheat and $1.14 for No. 3 red winter wheat. CHICAGO PRODUCE. CHICAGO, April 22.—Butter—Receipts, 1,420 tubs; creamery extra, 43c; firsts, 36042 c; packing stock, 15e. Egg—Receipts, 21,833 cases; current receipts, 21 Vic; ordinary firsts, 19@20c; firsts, 22 Vic; extras, 26c; checks, 18%e; dirties, 19@20c. Cheese-Twins (uevv), 16%@17c; daisies, 16%017%c; young Americas, 17%018c; longhorns, 17@17Vic; brick, 17c. Live poultry—turkeys, 40c; chickens, 27c; roosters, 15c; geese, 160 18c; ducks, 32c. Potato—Receipts, 64 ears; Northern Whites, Sdcfg^l.OS; Florida No. 1. $7.0007.23.

Local Stock Exchange —April 22Bid. Ask. Ind. Ry. & Light Cos. com... 53 Ind. Ry. & Light Cos. pfd 86 Indpls. & N. W. pfd 75 Indpls. & S. E. pfd 75 Indpls. St. Ry 50 60 T. H., T. & L. Cos., pfd 80 T. H„ I. & K. com 1% 3% T. H.. I. & E. pfd 6 12 City Service com 246 251 City Service pfd 07% 68 U. T. of Ind. com U. T. of Ind. pfd U. T. of Ind. 2d pfd 2 Advance-Uumely com 17 Advance-Itumely Cos., pfd.... 47 Am. Central Life 235 Am. Creosoting Cos., pfd 01% ••• Belt R. R. com 60 Belt R. R. pfd 43 60 Century Bldg. Cos. pfd 93 ... Citizens Gas Cos 28% 31 Dodge Mfg. Cos. pfd 91% ... Home Brewing 45 Indiana Hotel com 60 ... Indiana Hotel pfd 90 Indiana Pipe Line 'B3 Ind. Natl. Life Ins. Cos 4% ... Ind. Title Guaranty 59 69 Indpls. Abattoir pfd 50 Indianapolis Gas 43 50 •Indpls. Tel. Cos. com 2 Indpls. Tel. Cos. pfd 90 ... Mer. Pub. Utl. Cos. Pfd 40 Nat. Motor Car Cos. pfd 6 10 Pub. Sav. Ins. Cos 2% ... Raugh Wertillzer Cos. pfd.... 4*> Standard Oil Cos. of 1nd.... 74 ... Sterling Fire Ine. Cos 7% 9% Van Camp Hdw. pfd 90 ... Van Camp Pack, pfd 100 Van Cam.p Prods, let pfd 100 Van Camp Prods. 2d pfd 100 Vandnlia Coal Cos. com 8% Vandalia Cos. pfd 4 7% Wabash Ry. pfd 18% ... Wabash Ry. com 7 BONDS. Bread Ripple 5s 69 Citizens St. Ry. Cos 09 Ind. Coke & Gas 8s 100 Ind. Creek Coal & Min Cos 100 Indpls. Col. A So. 6s 88 Indpls. & Martinsville 55.... 53 ... Indrls. & North. Cs 43 46 Indpls. & N. W. 5s 50 67 Indpls. 9. S. & S. E. 5s 62 Indpls. A B. E. 5s *.40 Indpls. St. Ry. 4s 59 63 Indpls. t. & T. 5s 70 74 Kokomo, M. A W. 5* 74 70% T. H„ I. A E. 6s 46 U. T. of Ind. 6e 51% 56% Indiana Hotel 2d 6s 92 • • Citizens Gas Cos 78% 77 Indpls. Gas 5e "2 79 Indpls. L. A H. Cs 73 80 Indpls. Water 5s 86% 90 Indpls. Water "4%s 68 74 Mer. H. & L. 5s 90% 95 New Tel. Ist 5s 94 New Tel. L. D. 5s 93% ... South. Ind. Power 6r 100 LinF.RTV BONDS. Liberty first 3%s 89 00 Liberty first 4.S . 87.00 Liberty secono* 4* 86.80 Liberty first 4*4* 87.20 Liberty second 4%s 87 02 Liberty third 4% . 00.20 Liberty fourth 4%s 87.34 Victory 3%s 97.80 YTetory 4%s * 97.30

KANSAS WHEAT ACREAGE LOW Crop Conditions Better Than This Time Last Year. TOPF.KA, Ksn.. April 22—The Kansas wheat acreage this year was estimated at 0.3 per cent less than a year ago. according to the monthly crop of the State board of agricult lire, issued today. Condition of the growing crop was estimated at 86.8 per cent, compared with 78 4 a year ago. Surviving acreage Is placed at 9,233,798. \ In the Cotton Market NEW YORK, April 82.—Trading was light, blit prices on cotton were steady at the opening of the market today. Prices were 10 points higher to 2 points lower. There was moderate buying by spot and Southern wire houses, while Liverpool sold. Scattered realizing by room traders eased price* a little after the opening and Ht the close of the first fifteen minutes of trade they were about on a level with the previous close New York cotton opening: May, 1134 c; June, 12.28 c; Julv, 12.45 c; September, 12 81c; October, 13.07 c; December, 13.32 c; January, 13.09 c; March, 14e. LIVERPOOL, April 22. Bpot cotton was quiet at the opening todny, with prices easier and sales close to 4 000 hales. Amerb an middlings fair. 10.49d; good middlings. 8 44d; full middlings, 7.89d; middlings, 7.24d ; low middlings, 019d; good ordinary, 4.94d; ordinary, 4.10d. Futures opened quiet. Cotton Letter NEW YORK, April 22—While switching operations still constitute an Important part of the day’s business, there was a better undertone to the market and a considerable Increase lu the demand for contracts. The traders were encouraged to a great extent by the decided improvement In the securities market, and by the better outlook for settlement of Europe's problems and the continued Improvement lu the cotton goods markets both here and at Manchester. The expert opinion from the South is that there will be no pressure of consequence from spot holders during the remainder of this season, as loans are well arranged and well protected, and because of the decrease In acreage, will be encouraged 1n their present policy. There Is every reason to expect ultimately a high level, but for the present it is still advisable on good bulges to accept profits on long cotton and would continue the policy of buying on reactions.

Weather The following table shows the state of the weather at 7 a. m., April 22, as observed by U. S. weather bureaus: Station. Bar. Temp. Weather. Indianapolis, Tud. .29.60 64 Rain Atlanta, Ga 20.90 60 Cloudy Amarillo, Tex 29.88 44 Clear Bismarck. N. D. .. 29.72 32 Cloudy Boston, Mass 30.00 62 Cloudy Chicago, 111 20.52 54 Rain Cincinnati, 0 20.72 54 Rain Cleveland. 0 29.84 58 Cloudy Denver, Colo 29.80 52 Clear Dodge City, Kan. . 29.80 40 Clear Helena, Mont 29.68 48 Cloudy Jacksonville, Fla. . 30.06 60 ' Cloudy Kansas City, Mo. .. 29.64 50 PtCldy Louisville. Ky 29 66 58 Cloudy Littlo Rock, Ark. .. 29.50 56 Rnln Los Angulos, Cal. .. 29 96 54 Cloudy Mobile, Ala 20.80 60 Rnln New Orleans, La. .. 29.74 62 Cloudy New York, N. Y 30.00 60 PtCldy Norfolk, Va 30.14 64 Clear Oklahoma City ... 20.76 52 Clear Omaha, Neb 29.02 44 Clear Philadelphia, Pa. . 30.01 <3O Cloudy Pittsburgh. Pa. ... 29.90 60 Cloudy Portland, Ore. 29.98 52 Cloudy Rapid City, S. D. .. 29.72 48 Hear Roseburg, Ore 30.08 62 Cloudy San Antonio, Tex. . 20.88 58 Clear Ban Francisco, Cal. 30.04 60 Clear Bt. Louis, Mo 20.44 56 Rain St. Paul, Minn. ... £9.46 48 Cloudy Tampa, Fla 30.62 68 Cloudy Washington, D. C. 30.02 62 Cloudy WEATHER CONDITIONS. The Western disturbance has moved very little during the last twenty-four hours and now cavers practically all of the great central valleys. It has caused much rain from the nipper Mississippi Valley and Lakes region to Gnlf coast, with numerous heavy falls In the latter region. Temperatures hnve risen mostly In Eastern sections In front of the storm, but have fallen somewhat between the Mississippi River und the Great Plains, where the winds have shifted to northerly in the rear of the disturbance. Rising temperatures in turn prevail over most of the Western highlands. J. H. AKMINGTON, Meteorologist, Weather Bureau. FLOUR AND MEAL. E-Z Bake bakers' flour In 98-lb cotton bags SB.IO Corn meal, in 100-lb cotton bags.. 1.90

CONEY’S LOG PAINTS CHARMS OF SKY TRIPS Posthumous Document of Great Flier Reflects Nocturnal Beauties. FACTS EXCEL FANCY WASHINGTON, April 22.—The strange beauties and the well-nigh Incalculable hazards encountered In flying at night were never more strikingly Illustrated than In the posthumous official report of Lieut. W. D. Coney, the daring transcontinental pilot, Just made public by the Army Air Service, Lieutenant Coney made a record flight from California to Florida with but two stops, each being necessitated by accidents to his plane. He crashed and was killed on his return trip. The report which is now made public was written by Lieutenant Coney upon his arrival at Jacksonville. nad it been written thirty years ago—twenty jears ago—lt would have been put down as an excellent piece of imaginative writing, and the action it chronicles wholly impossible of accomplishment. Into the stiff, stilted form of an official army report Coney managed to weave some of the beauties of those moonlit wastes that lay mlies above the earth, and also some of the dangers—such as coming cut of a cloud thousands of feet up and finding a snow-capped mountain peak only a hundred feet below. PALL OF CLOCDS MARRED START. Scores of pilots have been killed in Just such a way—running full tlit into a mountain peak shrouded perhaps In mist while hurtling through the air anywhere ftom 100 to 150 miles an hour. The report reveals that Coney's start on his 111-fated trip was not auspicious. “It was raining and very etoripy,” he wrote, “the clouds black and very low. The last minute adjustments and a rechecking of compasses were accomplished in a downpour of rain. It was decided that as soon as the clouds broke to the west I would take off and climb through the hole and then turn on my course.

FI LL MOON ABOVE RAIN CLOUDS. “Shortly before 7 o’clock a hole became visible in the west and I took the air. The ship was a little loggy and tali heavy from excess weight, but handled fairly well. I circled once over the crowd on the field, picking up their location by the numerous automobile lights, then began picking my way through the rain clouds At 7:35 had climbed above the clouds and was greeted by a bright full moon. The coast range of mountains was directly below, although entirely Invisible from my position. PLANE BATHED IN ARGENT RAYS. “The weather from Yuma east looked very bad, the clouds extending from the mountains up to at least 14,000 feet. Flying at 8.000 feet, I started to climb, as I had to have at least 12,000 feet to clear the mountain range northwest of Tucson, Ariz. The motor was working beautifully at 1,500 revolutions a minute; the oM was steady at thirty pounds. The clouds were ail around me, the ground being visible only In small patches through the clouds. The inoon rays touched my plane only at intervals. I believed that 1,500 more feet would put me above the clouds and I continued a slow climb to reach the top. “Small lights began to appear through the broken clouds. Those I took to be towns along the Southern Pacific. I was flying now at 15,000 feet and the air was getting very rough and the clouds were thicker and heavier. SANDWICHED IN THK CLOUDS. “At 16,000 feet I ran Into a heavy snowstorm. Hoping to fly through it in a short time I continued on my course rather than lose time trying to go • round. Shortly after 11:30 my compass began to act queerly. It Inclined to the left (I corrected on ray controls without result), then It made a number of revolutions, became quiet aud remained inclined to the left. “The air wag very rough and on account of the extra weight 1 found It dlffiru't to keep my balance. In fact, I did make two complete turns before I realized It. “A few minutes later I put the plane In a glide toward the Southeast, as I remembered seeing thin white clouds in that direction prior to entering the suowsform. Soon I wag out of the snow, but sandwiched between clouds at 10,000 feet. LANDSCAPE SHEET OF SNOW. “The mountains ahead on my course were almost touching the upper layer of eiouds, while their bnse was enveloped in eiouds that appeared to contain rain. Just before reaching the ridge I flew Into n down curreut of air and lost 700 or 800 leet altitude. Shoving my throttle full on I tried to regain my altitude, but could not. Turning sharply off my tonrse, I headed north for ten minutes ind found a hole in the clouds below me. A few minutes later I was below the eiouds at an altitude of 6.000 feet. All charted landmarks had been wiped out, as my flying above and through the snow had made it useless-for me to check the country as I passed over. (SOLOING THROUGH A CANYON. “Getting under the clouds, near the ground, I felt more comfortable. Picking the largest pass or canyon in sight, 1 started through toward the East. Here I ran into a heavy rainstorm and was forced to throttle my motor to 1.350 revolutions a minute to save the blades of the propeller. (Pelting rain will quickly knock a wooden propeller to pieces if revolving very rapidly. Raindrops will make dents In the hardest wood.) “Going between the mountains was not so bad, but it did keep me worried, as I did not know at what turn I would find a mountain stopping up the exit to the pass.

GETS COMFORT FROM SIOON. "Shortly after midnight I had flown out of the rain and mountains and was passing over fairly good country, hilly, but no mountains; the moon was shining through the clouds, adding greatly to my comfort. I opened my motor wide again and climbed back to 10,000 feet altitude. The clouds by now were bunched in heavy banks and from their position I Judged my compass course to be the same as Y'uma, with the addition of one point to take care of magnetic deviation. JUST 100 FEET ABOVE PEAK. “Flying under or over or around the clouds, through them only when I felt sure they were light and small, I proceeded on. Once while banking to avoid a heavy cloud center, I noticed a snowcapped peak less than 100 feet below and touching the cloud I was flying through. “From 1 to 4 a. m. I flew a zig-zag course, checked by the plane's clock, and during this time I passed over several snow-covered ranges, through one small snow storm, and skirted innumerable cloud banks. At 4 :S0 I saw the first streak of the oncoming day. It looked more like a reflection of the moon on the clouds than the rising, sun. I was flying at 11,000 feet, with the motor running 1,500. The country below was falling away into barren foothills and looked most friendly after viewing the rugged peaks so long.” / Continuing his report. Lieutenant Coney details how he was forced down, at

Bronte, Texas, and again at Dallas, before reaching Jacksonville. AVERAGE SPEED 07 MILES AN HOUR. The leg of his historic trip reveals that the total flying time elapsed between San Diego and Jacksonville was 22 hours and 27 minutes. The average speed was ninety-seven miles an hour and the maximum altitude attained was 16,000 feet (about three mjrles above the earth). A total of 450 gallons of gasoline was used, about twenty gallons an hour and twentyfive gallons of oil, abobt a gallon an hour. The report of - the dead lieutenant will be Invaluable In Instructing future Army flyers In cross-country and transcontinental piloting. The wealth of experience obtained by the trip which could not be incorporated in the official report has, of course, been irrevocably lost by his death. FRANCE CURTAILS REFUGEE PENSION Action Stops Allowance of Nearly 100,000. PARIS, April 22.—Nearly 100,000 persons, mostly helpless old people, women and children, will be thrown practically upon their own resources when the French government early next month ceases to pay “war refugee’’ allowances, Instituted at the beginning of hostilities in the summer of 1014. They are the last of the great army of more than a million who were driven from their homes by the advancing German armies. Steps are being taken to obtain aid from the government in some other way and to enlist the support of private charities. When the first refugees fled from the battle zone in 1914 the government arranged \a system of monthly allowances. The payments were very small, but at that time homeless women and children from the invaded districts had little trouble in finding cheap lodgings elsewhere in France and the cost of living was so low that they managed to keep alive. The number of refugees reached Us maximum at about the time of the armistice, when nearly 1,300,000 were receiving allowances from the Ministry of Finance. This did not take Into account thousands of others who had resources of their own or who make their homes with relatives. Early in 1919 the homeward movement began. Thousands of refugees from districts which had not suffered heavily under the German occupation returned to their firesides and by the end of the year the government was paying allowances to only 67.300. During 1920 the reconstruction of homes In the devestated area progressed ao rapidly that there were only 150,000 refugees still on the Government's hanlis. This number has diminished gradually since the first of the year, but it is now possible to ascertain that at least 100,000 will become permanent charges, dependent either on public or on private charity. Thousands of these have made vain pilgrimages t othe sites of their former villages, only to find them blotted out by shellfire. For instance, some of the little hamlets of the Somme and Verdun battlefields can no longer be found except by the aid of maps. The location of a number has been marked by signposts, but they will never be restored. The economic reasons that led to their growth many decades ago have disappeared and they will go down in France's history as “lost towns.” Thus the shopkeeper who returns to rebuild his crossroads store finds no indication of life and the plots of ground where he once carried on a business that earned him a livelihood of practically no value. Nearly aii the 100.000 want to go back to the communities where they have spent practically all their lives, but there is no room for them and no work to orcupi them when they do return. In many of the devastated towns now under process of reconstruction former residents are living in wooden barracks and the authorities are discouraging the return of every one incapable of doing a hard day’s work. The government is suppressing the al lowanees as a means of economy. Since the outbreak of the war three billions has been paid out of the national treasury in allowances to dependents of soldiers at the front and to civilian refugees.

Marriage Licenses Milton Levy, New Y'ork City 2" Sari KuSHelmann, Long Island, N. Y.. 25 Roscoe Sears, Danville, 111 24 Elsie Clingan. Danville. 11l 21 Jsidor Starr. 1215 N. Tershing st 32 Margaret Smitu. 1215 N. Pershing st. 24 Frank Fyffe, 1537 \V. Vermont st 22 Sarah Berry, It. R. B-l 17 Leo De Haven, 2311 Lnngly st 29 Jeanette De Haven, 2311 Langly 5t.... 46 Edward Green. 736 Greer st 21 Laura Walker, 736 Greer st 35 Malcolm Nenschaffer, 520 N. Gray st.. 22 Olivia Keubel, 604 N. Keystone ave 19 Joseph McCurdy, 1233 Bradbury st... 23 Edna lxirkhoff, 255 N. Randolph 5t.... 2i Births George and Martha Robinson, 2730 North Olney; girl. George and Eunice Garvin, 2442 Stewart. girl. Charles and Theresa Theamann, 1402 West Thirty Second, boy. James and Dorothy Andrews, 1140 Ashland. hoy. John and Mary Gerdt, 2216 South Delaware, boy. Charles and Emma McConnell, 804 North Keystone, hoy. Henry and Corda Osting. 123 Koehne, girl. Walter and Kathryn Hilton, 32 Gladstone apartments, boy. Charles and Edith Smith, 1065 West Thirty-Third, boy. Hobart and Fannie Yeung, 917 Division, girl. * Will and Catherine Hawkins, 2109 Lexington, boy. Otto and Lilly Schulz, 1723 South State, girl. George and Gennell nart, 830 Broadway, boy. Leonis and Delphia Clampitt, 1224 Bates, girl. Deaths John Siddall. 51. city hospital, fractured skull, accidental. Mary Alice Steele, 64, 1241 Shepard, •cute dilatation of heart. Ralph Whetstone, 24, city hospital, lobar pneumonia. Mary Custer, 84, 2924 Jackson, acute cardiac dilatation. Janet E. Doan. 7 hours, St. Vincent's Hospital, asphyxiation. Eli*a Jane Bishop. 83, 818 North Meridian, 'arterio sclerosis. Mary A. Martin. 60, St. Y’incent's Hospital. acute dilatation of heart. Eliza Conway Harris, 44, Central, Indiana Hospital, pulmonary tuberculosis. Nina Watson. 10, Methodist Hospital, acute appendicitis. Hurley Lee Torrence, 2, 2304 Cushing, pulmonary tuberculosis. Lucile F. Dunham, 3 weeks, 1317 Massachusetts, entero colitis. „Nellle Hill, 27, 772 Ketchgm, pulmonary tuberculosis. Catherine Van Gorder, 68, 1.818 Schurmann. carcinoma. Charles M. Doed, 4S, 1801 Olive, carcinoma.

COTTON SLUMP STRIKES HARD BLOW TO SOUTH Thousands of Bales Rotting—- % Farmers Will Diversify Crops. CRISIS OF HISTORY ATLANTA. Ga., April 22.—Facing the grimmest fight since the days of the reconstruction that followed the war between the States, Southern farmers today are ready to practically abandon cotton as the backbone of their crops.and swing over to commodities which will bring them more revenue. They hope they will not have to be drastic enough to seriously offect production of this staple, which in the past has brought many thousands of millions annually into this section, but already steps have been taken to cut Into this year’s planting with sufficient vigor, they believe, to force prices back to something near normal. Conservative estimates place the number of cotton bales on the farms and in warehouses now at 10,000,000. There are fields scattered over the South spotted white with cotton >*bich has been left to rot on the stalk. Formers would rather it stayed there than go to the expense of picking, ginning and shipping: Many things have contributed to the condition which makes the lot of farmers in Dixie unusually hard. First, when the North began offering wages which attracted the field hands. Some of these are now returning to the South, but many others are not. Therefore, wages mounted to a prohibitive rate. White men are not constructed to stand the withering heat of Southern cotton fields. Freight rates have shot up until ship ment of raw cotton now Is a serious business. Still—cotton prices are lower now than before the war. A canvas of the situation In the “old South,” and extending into Oklahoma, Texas and Missouri, shows that State departments have taker official cognizance of the situation and are urging steps to offset what might happen If planters continued in the old way and planted big cotton crops. Soy beans, something comparatively new in crops of this country, will be planted by many farmers. It is a valuable food product with oil products contributing to its value. These facts have been developed In investigations by the International News Service: Georgia’s cotton acreage for this year will not exceed one-half that of 1920, provided a survey made by the State is correct. Food and feed products will require it. Tennessee, which has one of the world's greatest cotton markets—Memphis—does not raise a great deal of cotton, but Memphis organizations are backing a movement to cut the acreage of that State in half. > Nothing definite has been learned yet in Oklahoma City circles regarding thi% year's crop, but strong pressure is being brought to bear to make the crop smaller by half. Letterheads now being used by this State’s agriculture board bear a car*toon which shows a whirlpool on the edge of the shore, “diversified crops.” A farmer struggles In the whirlpool, which is marked “the one-crop cotton whirlpool." “If we could arrange to raise 6,000,000 bales in 1921 instead of 12,000,000 bales the credit of the South would be greatly improved,” says a note on this letterhead. Florida —Various crops are being sub stituted for cotton. Corn, peaiuts, sugar cane, hay, soy beans an<* similar products will be increased this year to take the place of cotton. Florida remember, raises a large amount of sea island cot ton, the rare long staple product which grows only on the southern islands and seacoast. Arkansas—The propaganda has not filtered into Arkansas with full headway, and State officials are doubtful if the crop there %ill be decreased more tbaa cne-fifth. Food products will be grown where cotton Is abandoned. Texai - -Cooperative marketing under way. Crop will be cut 30 per cent. North Carolina—Cotton will be cut onethird. Corn, peas, soy beanfl, potatoes and other food crops will replace it Louisiana—The reduction in this State will be from 30 to 40 per cent, according to State estimates. Corn, velvet bean* and truck crops will be planted. Missouri *\ atermelons, cantelonpes, potatoes, sweet potatoes and similar products will cut heavily into cotton crops here. County officials have organized to help cotton growers. Alabama—Nothing definite, but it is presumed this State will follow others. South Carolina —Crop will be greatly cut. probably 30 per cent, aud food products mainly substituted. TOO EARLY' FOR 1921 ESEIMATE. It is reaily toz> early Just now to gain an accurate estimate of the 1921 crop, for planting does not begin until May, but pledges of farmers during the drive conducted throughout the winter forms a basis for computation. The only fear is expressiW by cotton handlers, who declare many farmers will depend on their neighbors to cut while tbey will continue to plant heavily. Cooperative marketing plans are making their entrance. One of‘these is being heavily backed in Georgia. Tennessee, also, is strongly behind one. Farmers under this plan would be obliged to deliver their cotton to a central station, which would control its marketing —dribbling it out in such a fashion that the price, to a great extent, would be stabilized. Oklahoma farmers have been combined in one of these plans. Texas is organizing.

AMAZONS OF KANSAS. KANSAS CITY, Mo., April 22.—L00k aut, Philadelphia! Kansas City will soon win away your title as the “Sleeping Village.” They have Jus tarested three girls here wso stayed up late at night. The girls—Anna Chins, 19; Emma Chins, 22, and Jean Gordon, 20—were charged with annoying neighbors by staying up late at r'ght, burning lights and laughing. The girls blamed the late hours on Miss Gordon's insomnia. ..The Chins sisters were also charged with vagrancy, until they explained an income of S7OO a month from their father's estate. INDIANAPOLIS PRODUCE. Eggs—Fresh, loss off, 20c. Poultry— Fowls, 26c; broilers, 1% and 2 lbs, 50c; cocks, 13c; stags, 13e; oid tom turkeys, 80c; young hen turkeys, 35c; young tom turkeys. 85c; cull thin turkeys not wanted : capons, 7 lbs and up, 42c; ducks, 4 lbs. and up, 22c; ducks, under 4 lbs.. 20c ; geese, 10 lbs. and up, 16c; squabs, 11 ibs. to dozen, $6, guineas. 9-lb size, per dozen, SO. Butter —Buyers are paying 4G@47c per 4b. for creamery butter, delivered In Indianapolis ? Butterfal —r.uyers are paying 44c pei Ih. for butterfat. delivered in Indianapolis.

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