Indianapolis Times, Volume 33, Number 306, Indianapolis, Marion County, 3 May 1921 — Page 8
8
STOCK MARKET CLOSE IRREGULAR United - States Steel Holds Firm—Atlantic Gulf Down. NETT TORK, May 3.—The stock market closed Irregular today. The market choired an irregular tone In the late dealings. United States Steel was maintained around 81 with small changes In the other steel Industrials. Atlantic Gus yielded 1 point to 41%. American International broke from 5? to 50%. Mexican Petroleum sold down to 147 compared with the morning high of 151. Studebaker hung around SS%. Reading dropped over 1 point to 74%. The total .ales of stocks today were 890,1C0 shares; bonds, 512/534,(100. (By Thomson & McKinnon.) —May Today we experienced the most Irregular market that we hare had In some time. There was an entire absence of uniformity. Some stocks were adrancing while others declining. There was considerable 6hort covering, and a moderate amount of commission house buying. There was a moderate amount of professional selling and considerable commission house selling. Advances such as occurred In American Agriculture and Steel were the result of short covering. • There was nothing in the business in either that would warrant any Investment demand. Cosden Oil, which was a great favorite last week, was under constant pressure. During the afternoon Atlantic Guit came into prominence and this had a steadying influence on the rest of the market, but at no time during the day was there any evidence of the general public demand that was so noticeable all. of last week. The news of the day contained nothing ] particularly favorable. The American Cotton Oil Company passed the dividend : on the preferred stock. The labor trou- | bles In the shipping line created a rather uncertain situation. Regardless of the ultimate result, business will be tempo- j rarlly interfered with; the reparation! problem Is still unsettled and prices of oil are not yet at a stable basis. The market has had a very handsome i advance. The public interest has been. Increased to a considerable extent and It i therefore, advisable to take into con- j slderation the likelihood of a good reaction, which is now due. IWEXTI STOCKS AVERAGE. NEW YORK, May B—Twenty industrial tsoeks averaged 79.(25, up .SI per cent. Twenty active rails averaged 71.63, up .38 per cent. CLEARING HOUSE STATEMENT. * NEW YORK, May 3.—Exchanges, $927.433.638; balances, $74,074,155; Federal Ileaerve Bank credit balances, $56,352,094.
Alonei and Exchange
Indianapolis bank clearings Tuesdnv were $2,818,000, against $2,358,000 Tuesday a week ago. NEW YORK, May 3.—Foreign exchcuge opened strong today, with demand Sterling up %c at 53.97N.. Francs were 171* centimes higher at 802 c for cables and B.olc for checks. Belgian values were 18 centimes higher at 8.02 c for cables and h.olc for checks Lire were op 9% points to 4.92 c for cables and 4 91c for checks. Guilder cables were 35.25 c; checks, 35.23 c. Sweden kronen cables were 23.60 c; checks, 23.66 c. Marks were 1.55 c. NEW TORK CALL MONET. NEW YORK, May 3.—Money: Call Jaoney ruled 7 per cent; high, 7 per cent; ojL J’ €r cent - Time rates, steady; all i r>er cent. Time mercantile paper, steaav. Sterling exchange was strong, with business In bankers’ bills at $3.9* % for demand. MOTOR SECURITIES, (By Thomson & McKinnon.) —May 3 _ . Bid Ask. Briscoe qg 17 Chalmers com ■ jt<, Packard com .* n in * Packard pfd ’ 76 78 Chevrolet ! ino 400 Peerless 03 Continental Motors com ~7H Continental Motors pfd ! S5 99 ' Hupp com 1414 j.-x/ Hupp pfd 9- ‘ Reo Motor Car j 21 22 Elgin Motors ** *sl /. ‘ss; Grant Motors 31? 4 Ford of Canada 290 25*5 United Motors 30 60 National Motors 6 9 Federal Truck ] 59 21 Paige Motors 21 °3 Republic Truck 20 22 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —May 3 .... Bid. Ask. Anglo-American Oil jpii Ipa. Atlantic Lobos 23 26 Borne-Scrym*er 360 390 Buckeye Pipe Line 82 .83(4 Ohesehrough Mfg. Cons 190 290 Chesebrough Mfg. Cons, pfd 99 py> Continental Oil, Colorado 121 124 Cosden Oil and Gas 8 '9 Crescent Pipe Line 27 29 Cumberland Pipe Line .135 145 Elk Basin Pete 9x4 9^4 Galena-Signal Oil, pref. ... 93 97 Galena-Signal Oil, Com. 43 43 Illinois Pipe Line 174 177 Indiana Pipe Lice 81 83 Merritt Oil 12 1 0, 4 Midwest Oil IT> Midwest Rfg iso 152 National Transit 27% 28)4 New York Transit 145 150 Northern Pipe Line {*l 94 £ b,,> 310 315 Penn. Max 28 30 Prairie Oil end Gas TOO 510 Prairie Pipe Line 192 195 Sapulpa Refg 4% 4 y Solar Refining 410 425 Southern Pipe Line 5*6 99 South Penn. Oil 230 235 Southwest Penn. Pipe Lines. 67 '7O Standard Oil Cos. of Cal. 78U vg.v Standard Oil Cos. of Ind 75% 76 Standard Oil Cos. of Kan. ...615 630 Standard Oil Cos. of Ky. ...405 415 Standard Oil Cos. of Nob 165 175 Standard Oil Cos. of N. Y. ...360 364 Standard Oil Cos. of Ohio ~..395 400 Swan & Finch 37 45 Vaenm Oil 300 310 Washington Oil 2S 32 NEW TORK CURB. * (By Thomson & McKinnon.) —May 3 Closing Bid. Ask. Curtis Aero com 3 4 Curtis Aero pfd 10 20 Texas Chief 8 15 First National Copper.. 14 1 Goldfield Con 6 7 Havana Tobacco 1 q% Havana Tobacco pfd... 4 6 Central Teresa 2 2% Jumbo Extension 4 8 International Petroleum MPa 16% Nipissing t 6*s Indian Pkg 1 2 Royal Baking Powder.lU 116 Royal Bak. l’ow. pfd.. 80 93 Standard Motors 6 T Salt Creek S3 36 Tonopah Extension ... 15-18 17116 Tonopah Mining 1 5-16 1 7-10 United P. S. new 1% 114 U. S. Light and Heat.. 1% 1% V. S. Light & Heat pf. 1 2 Wright Aero 6)4 7% World Film 1-16 3-16 Yukon Gold Mine Cos.. % 1 Jerome 14 % New Cornelia 13)4 15% United Verde 26 28 * Sequoyah 7-16 0-16 Omar Oil 2*4 2)4 Rep. Tire % % Noble Oil 41 43 CHICAGO STOCKS. (By Thomson Sc McKinnon.) —May 3 Open. High. Low. Close. Armour Leather .. 12% Armour pfd 90 Carbide & Carbon. 52 52 51% 51% Libby 9% 10 9% 10 Montgomery-Ward. 23% 24% 22 22% National Leather.. 8% Sears-Roebuck .... 83 83 S3 S3 Stewart-Warner .. 33 33 % 32% 32% fwlft Sc Cos 100 100% 100 100 Swift In tarnation.. 86% .... .... .... Sco Motors ~<*.• SI mh 4... ....
N. Y. Stock Prices
—May 3 Prev. , High. Low. Close, close. Ajax Rubber... 37 36 36 37% AUis-Chalmers.. 39% 33% 38% 38% Am. Agricul.... 48% 45% 47 45% Am. Beet Sugar. 40% 40% 40% 40 Aw.Bseh.Mag.Co 64 61% 61% 63 Am. Car Oi Fdy.l2B 127% 127% 129 Am. Can 32% 31% 81% 81% , Am.ll.AL.Co.com 12% 11 11% 11% Ani.H.&L.Co.pfd 52% 50% 51 61% Am. Drug 6% 6% 0% 6% Am. Inti. Corp. 53 50 % 50% 51% Am. Linseed.... 47% 47 47% 47 Am. Loco 91 90 90% 90 Am. Smelt & Ref 44)4 43 43 44% Am. Sugar Ref. 90 89% 90 89% Am. Su. Tob. Cos 73 71% 71% 72% Am. Steel Fdv.. 30% 30% 30% 30% Am. Tel. & Te1..108% 107% 107% 108 Am. Tobacco... .123% 122 123 123% Am. W001en.... 81% 79% 80 81% Am. Zinc <fc.Ld. 9% 9% 9% 9% Anaeon. Min. Cos 42 41'4 41% 41% Atchison 82% 82 82 82% At. Gulf &W.I. 42 39 % 41% 89% Baldwin L0c0... 91% 89% 90% 91 B. .1 0 37% 36% 37% 36% Beth. Steel (B). 61% 60% 61% 61% California Pete.. 47% 40% 40% 47% Canad. l*ac. 1ty.112% 111% 112 112% Central Leather. 39% 38% 38% 39% Chandler Motors 84% 83% 83% 84% C. A 0 62 61% 61% 61% C., M. & St. !■.. 26% 26 26% 25% C.,M.&St.P.,pfd.. 42% 41% 41% 41% C. A N 63% 633. 63% C.. R. I. A P.... 29% 28% 28% 23 C.,R.I.AP.6 r s*pfd. 63 63 63 O..K.l.AP.7<ypfd. 74 74 74 73% Chill Copper 12% 12 12% 12% Chino Copper... 25% 24% 25 25 j Coca Cola 30% 25% 29 80% Columbia Gas... 69 59% t'9% 60 j Columbia Graph 8% 8% 8% 8% Consol. Gas 88% 88 88% BS% 1 Cont. Can 55% 57% 57% 68% Cosden Oil 41 38% 39 41 Corn Prods. .. 76% 74% 75 74% Crucible Steel... 84% 82% 83% 83% Cub. Am. Sugar 24% £3% 23% 23% C. Cane Sugar.. 20% 20 20% 19% Dome Mines 19% 19% 19% 20 Endieott 68% 66% 67 60% Erie 13% 13 13 13% Erie Ist pfd 19% 19% 19% 19% Famous Players SI 79 79 80% Fisk Rub. C 0... 18 17% 17% 17% Gen. Asphalt.... 70 73 73% 72vs Gen. Electric.... 137 137 137 137% Gen. Motors 14% 14 14% 14% Goodrich 41% 41 41% 42% i Gt. North, pfd.. 71% 70% 70% 71% ! Grt. North. Ore. 30% 30% 30% 30% \ Gulf States Sti. 39 37% 37% 37 Houston Oil 84 81 81% 81 Illinois Central. 91% 91% 91% Inspiration Cop. 37 30% 30% 37 Interboro Corp. 4% 4% 4% 4% Invincible 0i1... 21 20% 20% 20% Int. Harvester.. 93% 93 03% ..... Inter. Nickel.... 17 16% 16% 17 Inter. Paper 65% 63% 64% Ct% Island Oil A T. 4% 4 3% 4% K. C. Southern. 27% 26% 20% 26% Iv-S’field Tire.. 51 49 49% 50% Kenu. Copper... 21% 21 21 Lack Steel 53% 52% 52% KJ% Lehigh Valley 49% 49% 50 Lee Tire 29% 2>% 29% 2>% Loews, Inc 19 IS% IS% 18% L. A N 98 98 98 98% Marino Com 15% 15 75% 15% Marine pfd. ... 57% 55% 55% 56% Max. Mot. com. 5% 5% 5% 0 'lex. Petroleum. 151 146% 147 149% diami Copper.. 23% 23 23 23% MM. States Oil. 14% 14*4 14% 14% Jiiu ale Steel... 29% 29 29% 29% M. .\ <• T .... 2% 2 2 2% Mo. P: ..y 18% is% 18% 18% Mo. Pat lty. pf. 38% 37% 38 S- % I Nev. Con Cop.. 12% 12% 12% i?% j N. Y. ■. 1... 70% 70 70 70 New Ha>- ... i7% 77 17% 17 Nor. A West... 97% 95% 95 0 93% North. Pac..... 74% 73 77% 7* A- R... 3*J 3% !% s% Pacific Oil 38% 38% 88% 38% Pan-Am. Petrol. 70% 6:*% 6ii% 69% Penna. Ry 37% 34% 37 85% People's Gas.... 47% 47% 47% 48 Pierce-Arrow .. 42% 40% 41 41 Pierce Oil C 0... 10% 10% 10% 10% Pittsburgh Coal 64% 63% 63'4 63% Pull. Pal. Car 103 102% 102% 103% Pure Oil 35% 3.7% 37% 35% Ray Copper ... 14% 14% 14% 14% Reading 75% 73% 74 : j 73% Rep. I. A Steel. 65% 64% 65 61% Replogle Steel.. 33% 32% 32% 34 . Royal Dutch.... 69% 6.8', CB'i 67% ! Sears-Uoebuck .83% 81% 82'. 84%; Sinclair 27 26% 27% 26% j Sloss-S. S. A- I. 43% 43% 43% 43% j South. Pacific. 76% 7.7% 75% 75% I Southern Ry 21 % 21% 21 % 21% St. L.AS. F. com 22% 22'4 22% 22 Stromberg Curb 45% 44% 44% 45% j Studebaker 90% 88 88% g 9% ! Tenn. Copper.. 10 9% 9% 10% : Texas Cos 41% 40% 40% 41 Texas A Pac... 21% 21% 21% 20% Tob. Products.. 54% 51 % 51% 54 ! Trans.'Oil 12% 11% 12 12%; Union Oil 22% 22 22 % 22-4 . Union Pacific ..117% 116% 116% 116% : United It. Stores 54% 52% 52% 64% j U. S. F. P. Cor. 24% 21% 23% 21 * : United F. Cos.. 113% 110% m% 111%’ U. S. In. Alcohol 74% 72% 73% 72% | l'. S. j. 'lbber... 78 76% 76% 7K% U. S. S.eel 84% 83% 84% 84 i U. S. Steel pfd. 108% IUS% 106% jor.% ! Utah Copper... 55 7 4 53 55 55% j Vanadium Steel 38*4 37% 37% 37% Vir-Car. Chem. 29% 27% 29% 27') j Wabash Ist pf l. 21 20% 21 20% White Oil 16% J 6 16 16% West. T'nion .... 90% 89% 90% 89% Wcstinghouse E. 48 48 48 47% White Motors.. 43% 43 43% 4314 Willys Overland 10% 9% 10% 9% Worthington P. 54 53 03 63%
NEW YORK LIBERTY BONDS —May 3 Prey. High. Low. Close Close L. B. B%s So 90 68.72 88 74 88.72 L. B. 2nd 4s 87.36 87 34 L. B Ist 4%*... 87 80 87 61 67 60 87 72) L. B. 2nd 4%5... 87.50 87.34 87 34 87.30 L. I!. 3rd 4%*... 9)04 is* 46 90.54 90 42 L. B. 4th 4%s 87.60 87 42 67 44 67 42 Victory 3%i 98.04 97.96 :*- •■> 07.94 Victory 4%s 95.04 97.90 97.98 98.00 NEW TORK METAL MARKET. NEW Y'ORK. May 3.- T Cor.per—Quiet; spot, April and May, 12'4®12 :t ,c; May and June, 12%®13i; July, 12%®13%e. Lead —Quiet; spot, April and May offered, i.SOe; June offered, 4.73 c. Spelter Easy: spot. April and May, offered 3.00 c; June offered, 5.50 c. NEW YORK YVOOL MARKET. XEW Y'ORK. May 3.—W00l was quiet today. Domestic fleece, XX Ohio, was quoted at 22® 43c per lb; domestic pulled, scoured basis, 18(d72c; Texas domestic, sco red basis, 40®S2c. NEW YORK RAW SUGARS. NEW YORK, May 3.—Raw sugars were quiet today. Cubas were quoted nt 4.89 c per pound, duty paid, while I’orto Ricos eold at 4.80 c. NEW Y'ORK REFINED SUGAR. NEW YORK, May 3. —Refined sugar was quiet today, with fine granulated selling at 0®6.50c per pound. NEW YORK PETROLEUM. NEW Y'ORK, May 3.—The petroleum market was firm today. Pennsylvania crude petroleum sold at $3.50 a barrel. NEYV Y'ORK HIDE 3LYRKET. NEW YORK, May 3—Hides were dull today, with native steer hides at 12c ana branded steer hides, 10c. In the Cotton Market NEW YORK, May 3.—An opening decline of 5 to 10 points In the cotton mar ket today was partly due to the issuance of notices on 2,900 bales of May. The offerings were taken by local shorts and Wall street and the list soon recovered half of its initial loss. Cables were poor. New Y’ork cotton opening: May, 12.55 c; July, 13.05 c; October, 13.70 e; December, 14.10 c; January, 14.20 c; March, 14.53 c. Prices held steady during the late afternoon without particular feature. The close was steady at a net decline of 3 points to a net advance of 2 points. LIVERPOOL, May 3.—There was a small demand for spot cotton at the opening today with prices steady and sales approximating 3,0<*0 bales. American middling, fair. 10.65d; good middlings, 8.86d; full middlings, 8.21d; middlings, 7.56d; low middlings. 6.51a; good ordinary. 5.5Ud: ordinary, 4.51d. Futures were quiet at the opening. YVnOLESALE 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. Hound* —No. 2, 22c; No. 3.19 c. Chucks—No. 2,14 c; No. 8,12 c. Plates—No. 2. 8c; No. 3.8 c
HOG MARKET SHOWS STRENGTH Possibility of Chicago Strike Has Big Influence. RANGE OF HOG PRICE*. Good Good Good April Mixed. Heavy. Light. 27. 18.25 $8.25 $8.25 28. 8.50 8.60 8.60® 8.60 29. 8.50 8.50 8.50® 8.65 SO. 8.50 8.50 8.50 May 2. 8.60 8.60 8 60® 8.65 3. 8.75 8.75 8.75® 8.85 Due to another light run and a good demand both by local packers and shippers with Eastern holme connections, swine prices were generally 10c to 15c higher at the opening of the local live , stock exchange today. The possibility of a tie-up in the Chicago live stock yards, due to a strike, ; was also another market influence. ! Order men were the first to get into ! the market and consequently they got the larger part of the 7,000 hogs on the i market. j There was a top of $8.85 on two loads i of extra fancy swine, while jjractically ail of the good swine brought $8.75. Pigs brought $8.50 and down and roughs, ■ $C.75®7.50. j The possibility of a strike In the Chi- | eago yards also seemed to have some j effect on the cattle trade. Prices were steady to 25c higher, with most of the | sales fully 25c higher. Receipts for the day approximated 800. ! Veal prices were 50c to $1 higher on ! the market here today, with the bulk of i the choice veals a* $10®10.50 and a few scattered sales at sll. Good calves brought $9.50@10 and mediums, $8.50(8 9.50. Very few common calves sold below $7. There were close to 000 calves on the market. With close to 200 sheep and lambs on the market prices were steady. lIOGS. Best light hogs, 100 to 200 lbs average $ 8.75® 8.85 200 to 300 lbs 8.75 ! iOver 300 lbs 8 00® 8.75 i Sows 6.25® 7.50 Stags 5 00® 6.25 Best pigs, under 140 lbs 8.25® 8.50 Bulk of sales 8.75 CATTLE. Prime . •'rnfed steers, 1,000 lbs and up 8.25® 9.50 Good to choice steers, 1,100 to 1.200 lbs B.oo® 8.50 Good to choice steers, 1,100 to 1.200 lbs 7.50® 8.50 Good to choice steers, 1,000 to 1.200 lbs 7.25® 8.25 Medium steers, 1,000 to 1,100 lbs 6.75® 8.00 Common to medium steers, SOO to 1,000 lbs 5.25® 6.25 —Heifers and Cows— Good to choice heifers 6.75® 0.00 Medium heifers 6.50® ft.so Common to medium heifers... 4.75 , 5.(5 Got ti to choice cows 6.00® 6.75 Fair to medium cows 4.25® 5.25 Cutters 2 75® 4.25 Canners 2 50® 3.00 —Bulls— Good to choice butcher bulls. 6.25® 6..6C Bologna bells 6.25® 5.75 Light common bulls 4.25® 4.75 —Calves— Oh dee veals 10.00®lf 50 G"t. and vt ala 9.50® 10 00 5 cnluru veals 8.50® 0.50 iup ifweieht veals. 7.00® 8.90 Common heavyweight veals... 7.00® AGO —Stockers and Feeders— Good to choice steers under 600 lbs 7.00® 8.00 Medium cows 4.73® 5.00 Good cows 6.00® 5.80 j Good heifer* 6 23® H.2> Medium to good heifers 4 23® 5.75 I Good milkers 45.00® 85.00 | SHEEP AND LAMBS. Ewes 8.60® 4.00 ! Lambs 6.00® B.X) Springers B.oo® 13.50
Other Livestock
CHICAGO, May 3 —Hoes—Receipts. 19.000: market 10®23c up; bulk. sß.lo® 8.53; butchers. $8®8.33; packers, $7®7.76; lights. $8.25<g8.05: pigs, $7®S; rough*. $6.75®7. Cattle —Receipts, TV’3O; market 25c higher; beeves, $8.60; canners and cutters, $2.25®5; stoekers and feeders, *6.50(5.8; cows, S3B) 7.25 ; calves. 8“® 10. Sh;cp—Receipts. 19,000; market slow; lain! s, $5.50®7 25; ewes, s2.2f>®s. CINCINNATI. May 3.—Hogs—Receipts, 8.500; market steady to 25 cents higher; all grades good hogs, $8 75; roughs, $7; stags, $1.50. Cattle -Receipts, COO; market generally steady; bulls, strong; calves, slo® 11. Sheep and lambs—Receipts, 300- market steady; sheep. $0; bucks, $5; lambs, $1050; springers, sl6. CLEVELAND, May 3 —Hogs—Receipts, 1.500; market s®lsc up; yorkers. $9; mixed, $8 90®0: medium, $8 90®9: pigs, $9: roughs. $6 25; stags, $4 25. Cattle—• Receipts. ".30; steady Sheep anil lambs —Receipts, 1,000; market steady; top. sll. Calves —Receipts, 300; market steady; top, sll. PITTSBURGH, Mnv 3 —Cattle- Receipts light; market steady; choice, ss.so ®9; good, $8.50® 8.75; fair. $7.f,0®8 50; veal calves, slo® 10.50. Sheep and lambs • Receipts, light; market steady; prime wethers. $6.75®7; good, $0®6.50; mixed fair, $5®3.75; spring lambs. slo®ll. Hogs —Receipts, 10 double decks; market higher; prime heavies, $8.25®8.50; mediums. $0.25®9.35; heavy yorkers, $9.25® 9.45; light yorkers. $9.25®9.35; pigs, $9 ®9.25; rough. 46® 0.50; stags, $1®4.50. EAST ST. LOUIS, 111., May 3.—Cattle— Receipts, 3,000; market strong ami 25® 40c up; native beef steers, sß®9; yearling beef steers and heifers. $8®8.50; ccws, $5.25®6; stoekers and feeders, $3.50 ®7; calves. $9'4j9.50; canners and cutters. $3®4.25. Hogs—Receipts, 14,000 market. 10®15e higher; mixed and butchers. s*.3s®B 53; good heavies. $8.20®8.50, rough heavies. 5 05®6.75; lights, sß.4"® S.(. ; pigs. $7.65®3 40; hulk of sales, $8.40 (@5.55. Sheep—Receipts, 1,200; mnrket, 25t ' Igher; ewes, $5.25®6; lambs, $9.75® 12.5 t • canners and cutters, s3®4. UOBN AND M HEAT BULLETIN. For tbs twenty-four hours endin.t at 7 a. m., 90th meridian tlmo, Tuesday, May 3, 1921: Temper- cr —ai cro o ature. 5 33 2 '£.?2. ! 55:2 Stations of *◄ e srr Indiannpolls x,T *5 £ v 2 District. Sg-ialEaS " o 3 J r*'.* e £• A I N "i B South Bend 150 ! 38 i 011 Good Aneola I 46 136 0.04 \ Good Ft. AVnvne 144 38 0,02 ! Wheat field 50 37 \ 0.07 : Good Royal Center.... 48 i 88 ! 0.20 1 Rough Marlon 59 38 0.22 | Good Lafayette 51 80 0.17 j Fair Farmland 49 ! 38 0.21 | Indinnapollß .... 47 I 88 | 0.24 Good Cambridge City.. 56 ) 38 | 0.40 | Slippery Terre Haute | 50 | 38 ! 0.08 Good Bloomington .... 50 j 38 I 0.31 j Muddy Columbus 68 f3B 0.18 Good Vincennes ....... 61 ! 39 0.12 ! Soft Paoli 64 89 021 Fair Evansville 60 [4O 0.18 ! J. H. ARMINGTON, Meteorologist, Weather Bureau. WHOLESALE FEED PRICES. Ton. Cwt. Acme Bran $26.00 $1.35 Acme Feed 27.00 1.40 Acme Middlings 29.00 1.50 Acme Dairy Feed 37.75 1.95 E-Z Dairy Feed 28.T5 1,50 Acme H. A M 32.25 1.63 C. O. A B. Chop 24.00 1.25 Cracked Corn 31.60 1.00 Acme Chick Feed 89.00 2.00 Acme Scratch 36 00 1.85 E-Z Scratch 64.00 1.75 Acme Dry Mash 89.00 2 00 Acme Hog Feed 38.00 1.93 Ground Barley 39.25 2.00 Homllck Yellow 24.50 1.25 Rolled Barley 39.25 2.00 Altnlfa Mol 37.00 1.90 Cottonseed Meal 33.00 1.85 Acme Chick Mash 43.00 2.20 FLOUR AND MEAL. E-Z Bake Bakers’ flour In 98-lb cotton bags $8.65 Corn Meal In 100-lb cotton bags.... 2.05 CLEVELAND PRODUCE. CLEVELAND, Ohio. May 3—ButterExtra, In tubs, 37%®38e; prints, 88%@ 39c; extra firsts, 3t’%@S7c; firsts, 33%® 86c; seconds, 25®28c: fancy dairy, 20® 2Sc; packing stock, 12®16c. Eggs—Fresh gathered northern extras, 20%c; extra firsts, 25%c; Ohio firsts, new cases, 24c; old cases, 24c; western firsts, new cases, 23c. Poultry—l,ive, heavy fowls, 25c; roosters, 76®18c > broilers, 70® 80c,
INDIANA DAILY TIMES, TUESDAY, MAY 3, 1921.
GRAIN FUTURES SUSTAIN GAINS Corn and Oats Up in Sympathy With Wheat. CHICAGO, May B.—Heavy buying by short covering caused a sharp advance in May wheat on the Chicago board of trade today. Other grains advanced ,n sympathy. Provisions were higher. May wheat opened at $1.35%, and closed at $1.42%. July wheat opened at sl.lO and closed up 2%c. May corn opened at 58%0 and closed up l%c. July corn opened at 62%c and closed up %c. September corn opened at G4%0 and closed up %c. May oats opened at 35>%c and closed up %c. July oats opened at 38%e and closed unchanged. September opened at 39%c and closed unchanged. (By Thomson & McKinnon.) —May 3 Wheat —A rather important thing in the market is that central Europe continues buying wheat, despite the advance in prices. Heretofore the export demand has flattened out when any appearance of strength occurred. This fact, in conjunction with private cables from Rotterdam and Berlin, asking for firm offers, carries only one conclusion —namely, the need of replenishment of supplies. It is also to be noted that purchases by Germany are for shipment this mouth. Red winter wheat has ruled comparatively slow, but with this exception the cash markets everywhere have been strong. Country offerings do not increase and exporters find some difficulty la supplying their needs. Reports to the effect that the new crop is turning yellow are more numerous. There is also mention of Hessian fly. Tho Weather Bureau predicts frosts. Ii can be said with the greatsst conservatism that another freeze would not be beneficial. We believe the market is shaping for still higher prices in recognition of the extreme premiums for cash wheat. We do not predicate our ideas upon crop damage, although we do expect that the color of the news from the growing crop will be less flattering than heretofore. Corn and Oats—The movement of corn from this market to the East continues in rather liberal volume. It Is also noticeable that there is an improvement in the general demand, industries here and elsewhere are more interested than previously. There Is a good distributing demand for oats and elevator Interests are buying tho May delivery. The prediction of frost, if realized, should stimulate the entire market. We anticipate a moderate response to any upward swing in wheat. „ IVovislons—The liberal increase In stocks of lard at Chicago has given a heavy tone to the entire provision list. There is no encouraging news in the way of improved European demand. Larger packers seem inclined to support the market, but otherwise the demand is slow. CHICAGO GRAIN. —May 3 WHEAT— Open. High. Low. Close. May 1.35% 148 1.34% 1.42% July 1.10 1.12% 1.09% H-% CORN— May 58% 60% 68% 60% July 62% 63% 61 • 63 Sept 04% 65 % 64 65% OATS— May 33% 85% 85% 85% Ju1y..... B*% 88% 37% 88% Sept 29% 39% 38 ;s 39% T*U K—- ■ May 16.20 •Juiy 10.60 LA RD May 9 35 9.35 9.27 0 30 Julv. ._ 9.75 0.73 9.02 0.77 RIBSMav 0 27 9.37 9.27 0 37 Ju'.y 9.60 9 72 9.(50 0.00 RYE Mav 1.34% 1.37% 134 1.37% July 1.05% 107% 1.05 1.07% Sept 96 07% 96 97% •NomlnaL CHICAGO CASH GRAIN. CHICAGO, May 3 —Wheat—No. 1 hard, ! $152%; No. 1 hard dark, $1.65%; No. 2; hard winter, $1.49%® t. 60%; No. 3 hard! winter, $151; No. 1 northern spring, j SI.CS; No. 3 spring, $1.40%. Corn —N j 2 mixed. CO®6o%c; No. 2 white, 60®6<>%c ! No. 2 yellow 0 ®<il%c; No. 3 mixed 58% ®"9%c; No. 8 white sS%®s'*',.-; No. 3 yellow, 58%®60%c; No. 4 m xed, 57%e; No. 4 yellow 57%®58c. (.uts —No. 2 white. 3. %®3Bc : No. 3 white, 36®36%c; No. 4 white, 34®35' , *e.
TOLEDO CASH GRAIN, TOLEDO, May 3. —Wheat—Cash and May, $1.54; July, $1.17. Corn—No. 3 yellow, 03@64c. Oats—No. 2 white, 41(2420. Rye—No. 2, $1.37. Harley—No. 2, Crto. Cloverseod—Cash (10201, $13.50; October. $0.60; December. so.o'). Timothy—Cash (1018), $2.90; cash (1919>, $2.95; cash (1920) and May, $3; eptember, $3.43. Alsike —Cash (new), $13.50. PRIMART MARKET*. (By Thomson A McKinnon.) - MaySWhent. Corn. Oats. Chicago 33.000 207 000 235.00)) Milwaukee ... 4.000 30.000 70,000 Mlnneapolia... 868.000 11,000 12,000 Duluth 74,000 15,000 1.000 St. Lo lls 63.000 64,000 70,000 Toledo 14.000 13,000 27.000 Detroit 10,000 8.000 14.000 Kansas City.. 123.0)0 14,000 8.000 Omaha 50.000 3 4 000 4.00(1 Indianapolis.. 4,000 85.000 88,000 Totals 701,000 611.000 624 000 Year ago... 600.000 344,000 387,000 —Shipments Wheat. Corn. Oats. Chicago 61.000 1,070.000 268,000! Milwaukee ... 17,000 11,000 10,00))! Minneapolis.. 141,000 16,000 83,000 Duluth 150,000 St Louis 39,000 PC ,000 84.000 Toledo 6.000 16.000 15,000 Kansas City.. 162 000 56.000 46,000 Omaha 63,000 71,000 14.000 Indianapolis.. 6,000 18,000 Totals 644.000 1,295,000 488,000 Year ago... 639.000 239,000 814.000 -—(.'larnnccg— Domes. W. Corn. Oats. New York.... 235,000 94,000 Boston .187,000 Philadelphia.. 16,000 Baltimore .... 24,000 Totals 295,000 94 000 187,000 Year ag0.... 142.000 6,0C0 INDIANAPOLIS CASH GRAIN. —May 3 —- Bids for car lots of grain end hay at the call of the Indianapolis Board of Trade were: Wheat—Strong: No. 2 red, $1.55. Corn —Steady; No. 2 white, 640(650; No. a white, 63©64c; No. 4 white, 62',4(@(13'4e ; No. 3 yellow, 61 Mi (iff 62 (4 c; No. 4 yellow, 60Va@61o; No. 3 mixed, 60©Clc; No. 4 mixed, 58%®59%c. Data—Steady; No. 2 white, 3S%®4nc; No. 3 white, 37</j(@39c. Ilay—Weak; No. 1 timothy, $18(318.50; No. 2 timothy, $1 7 50®18; No. 1 light clover mixed, [email protected]; No. 1 clover hay, $15.50® 10.50. ■—lnspections Wheat —No. 3 red, 1 ear. Corn —No. 2 white, 9 cars; No. 3 white, 5 cars; No. 6 white, 1 car; No. 2 yellow, 4 cars; No. 3 yellow, 13 cars; sample yellow, 1 car; No. 2 mixed, 2 cars; No. 3 mixed, 3 cars; sample mixed, 1 car; total, 39 cars. O a ts —No. 1 white, 11 cars; No. 2 white, 19 cars; No. 3 white, 1 car; No. 4 white, 1 car; total, 32 cars. Hay—No. 2 timothy, 2 cars. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load: Hay—Loose timothy, new, $17@18; mixed hay, new, sls©|l6; baled, $15@16. Oats—Bushel, new, 30@40c. Corn —New', 55@58c per bushel. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying $1.26 a bushel for No. 1 red winter wheat, $1.22 for No. 2 red winter wheat and $1.19 for No. 3 red winter wheat. CHICAGO PRODUCE. CHICAGO, May 3.—Butter—Receipts, 12,579 tubs; creamery extras, 31c; firsts, 25r<£29%c: packing stock, 12@13c. Eggs —Receipts, 31,719 cases; current receipts, 20@21c; ordinary firsts, 18© 1.9 c; firsts, 22c; extras, 24c; checks, 16%®17c; dirties. 16%@17c. Cheeso— Twins, new, 15%c; daisies, 14%©ITc ; young Americas, 15%c, longhorns, 15(I15Uc; brick, 15@15%c. Live poultry—Turkeys, 40c; chickens, 28c; roosters, 15c; geese, 16(@18c; ducks. 82c. Potatoes—J.ecelpts, 54 cars: North-
Terse Market Notes
NEW YORK, May 3.—An Increased quarterly dividend on American Express is regarded in some quarters as a probable result of the meting o* the directors today. KANSAS CITY, May 3.—Reports received here today stated that wheat Is in very poor condition in some parts of Oklahoma, western Texas and western and central Kansas. Nine elevator houses and mills showing several hundred stations in this State report short offerings of corn. NEW May 3.—Cables are inquiring the price of wheat, g>ut it is certainly a hard matter to find the wheat on which to quote prices. HOUSTON, Texas, May 3.—The Houston Oil Company of Texas in the first quarter, 1921, showed earnings from its oil department, after tax but before depreciation and depletion, of $876,431, equal to $3.50 a share on 25,000,000 of common stock or at a rate of sl4 a share a year. These earnings are exclusive of earnIrgs of Higgins Oil and Fuel Company in which Houston Oil has a 52 per cent, stock Interest.
On Commission Row
TODAY’S PRICES. Asparagus—Fancy Georgia, gr-en, per bunch, 60c; fancy home grown, per doz., 85c. Bananas—Extra fancy high grade fruit, 50 to 60 per bunch, per lb, 8%0. Beans —Michigan navy, in bags, per lb, 4%@5e; Colorado I’intos. in bags, per lb., 5%®6; California limas, in bags, per lb, B@9c; red kidneys, in bags, per lb., 10®10%c; California pink chili, in bag*, ; per lb, 7®Bc. Beans—Fancy Florida, green or wax. | per hamper, $4.50. Beets—Fancy new, per hamper, $2.50. Cabbage—Fancy Mississippi, per hamper, $3.50; funcy Mississippi, less than crate, per lb, 4%c. Carrots—Fancy, home grown, per bu, 85c. i Cauliflower—Fancy California, per crate, i $2.25. Grapefruit—Extra fancy Floridas, all brands, per box. s3@7. Green Onions— Home grown, per doz, 15c; large bunches. 60c. Kale —Fancy Kentucky, per sack, $1.50; fancy home grown, per bbl. $2.25. Lemons—Extra iancy Californias, 300s to 3COs, per box, [email protected]. Lettuce—Fancy hotaouse leaf, per lb, 18c; fancy hothouse leaf, in Parrel lots, per lb, 16c; funcy California Icebergs, per crate, $6. New Potatoes—Fancy Florida Rose, per bbl, $8.50; pev 1-5 bbl, $2 25. Onions—Fancy Indiana yellow, red or white, per 100 lbs, $1; fancy Texas yellow, per crate, $2.25; fancy Texas white, per crate, $2.75 Onion Sets —Fancy white, pex 2-bu sack, $2.50; fancy yellow, per 2-bu sack, $1.75. Oranges—Californias, all grades, per box, $4 25®ft. Parsley Funcv large, per doz, sl. Pea*—Fancy Mississippi, per hamper, $3. Peppers—Fancy, small basket, 85c. Pieplant Funcy homegrown, per bunch. $1.10; outdoor, per doz, 40c. Pineapples—Fancy Cuban, per box, $4.75® 6 .U). Potato*)— Fancy Michigan and Wlseonsin round whites, per 150 lb. bag. $1.90; 5 or 19--bag lots, per bag, $1.85; fancy lowa Gems, per 150-lb. bag, $2.50. Radishes —Long red, per tioz, 35c; button. home grown, per doz. 35c. Rice—Fancy beau, per lb, 8c; Prolific benJ, per lb, 6c; fancy Blue Rose, per lb. 6c. Shallots--Fancy, per do*, oOe. Spinach—l ancy, per bu bask. $2. Seed Potatoes— Fancy Maine obblers, per 150-Ib. sack,, $.'150; fancy Rural Chios, per 120-lb. sack, $2.50; fancy Early Rose,! per 150-lb. sack. $2.50. Seed Sweet Potatoes—Fancy Eastern I yellow Jerseys, per hamper, $2.50; fancy Indiana yellow Jerseys, per hamper, $2 | Strawberries—Fancy Alaban.a, per 24-! qt. crate, $lO. Sweet Potatoes—Fancy Eastern Jer- j sey, per hamper, s2®3; fancy Indiana Jeri Se.vs, per hamper, $2.75. Tomatoes—Fancy ripe, 6-Ib basket, I $1.25; fancy ripe, 6-basket crate, per; crate, s7®9.
Weather
The following table shows the state of the weather at 7 a. m , May 3, us observed by U. S. Weather Bureaus: Station. Bar. Temp. Weather. Indianapolis, Ind.. 80.00 40 Rain Atlanta, Ga 29.86 44 Cloudy Amarillo, Texas.. 3**o2 44 Clear Bismarck, N. D.... 30.40 42 PtCldy Boston, Mass 29 9 2 56 Clear Chicago, til 3**l4 42 * . idj Cincinnati, 0hi0... 29.94 42 llaln Cleveland, 0hi0.... 29 98 46 Cloudy Denver, Colo 29 94 44 Clear Dodge City, Kan.. 30.18 38 (dear Helena, Mont 30.18 30 Cloudy Jacksonville, Fla... 29 84 58 Clear Kansas Citv, M 0... 30.28 42 Clear Louisville, ivy 29.96 40 Cloudy Little Rock. Ark... 30.18 46 Clear Los Angeles, Cal.. 30.00 52 Clear Mobile, Ala 80.05 52 Clear New Orleans La.. 30.03 58 Clear New York. N. Y.. 29 9 4 52 PtCldy Norfolk, Va 29.88 60 Rain Oklahoma City .... 3*4.20 4*3 ("ear Omaha, Neb 30.30 38 Clear Philadelphia. Pa.... 29.92 54 Cloudy Pittsburgh, Pa... 29.90 60 Rain Portland, Ore 30.08 42 Cloudy Rapid City. 8. D... 30 16 40 Clear Roseburg, Ore 30.02 42 Cloudy fan Antonio, Texas 80.08 64 Clear San Francisco, Crl. 30 02 48 Clear St. Louis, Mo 30.12 40 PtCldy St. Paul, Minn 3030 .86 Clear Tampa, Fla 29 88 70 Rain Washington, D. C.. 29.90 62 Cloudy WEATHER CONDITIONS. Since Monday morning showers have fallen from the southwestern lakes region to the South Atlantic States, and some precipitation lias occurred in the far northwest. Temperature* are considerably below the seasonal average over the great central valleys and In the southeastern States, anil frosts occurred last night west of the Mississippi as far south as northern Arknasa*. J. H. ARMINGTON, Meteorologist, Weather Bureaus* INDIANAPOLIS PRODUCE. Eggs Fresh, loss off, 19c. Poultry— Fowls, 21c; springers, 1% nnd 2 lbs, 55c; cocks, 10c; stags, 10c; old tom turkeys, 80c; young hen turkeys, 35c; young tom turkeys. 35c; cull thin turkeys not wanted; capons, 7 ibs and up, 42c; lucks, 4 lbs and up, 22c; ducks, under 4 11>S, 20c; geese, 10 lbs and up, 15c: squabs, 11 lbs to dozen, $4.50; guineas, 0-lb sixe, per dozen $6. Butter —Buyers are paying Ss@36c per lb for creamery butter, delivered in Indianapolis. Butterfat —Buyers are paying 80c per lb for butterfat, delivered In Indianapolis. Married 23 Years; Parents 20JI!hiidren EAST ST. LOUIS, 111., May 3—’He’s the twentieth,” declared Mrs. Sidney Johnson when her husband came home from work. "Again!” gaßped the city’s champion father, as he took the new baby in his arms. The Johnsons have been married twen-ty-three years. Marriage Licenses .Tames Davonport. 429 N. Senate 24 Hula Jackson, 152 N. Missouri 24 William Owens, 318 Arch st 72 Emma Sims, 5185 Spring et 39 Albert Hensley, 1107 N. Senate av...B(i Mollle YVlthers, 1940 Yandes st 30 Harry Williams Martin. 2506 Cornell.S3 Ethel Mae Ballard, 1311 Healing av.. 25 Crawford Pitcher, 1919 English 22 Della G. Talley, 120(3 Laurel st 20 Oliver Ealey, 946 N. California st. ...36 Sarah Walls. 517 YV. Tenth st 33 George Reiner. 223 Wisconsin st 20 Helen Mezger, 17 E. I'ulmer st 20 Clarence Snyder, Y’incennes, Ind 36 Eugenia Thomas, YTncennes, Ind 34 ! Lawrence Paetz, M 9 S. Alabama 5t..26 Esther Hausser, 916 N. Tacoma at.... 25 Ray Wagoner, 403 N. Pin® st. 28 Missouri Powers, 812 North Liberty.2s Glenn Doty, Greenwood, 1nd,.........10 MlriaauElkin* ItuUa&apoUi . 20
PROPER PLACE FOR WOMEN IS BACKIN HOME Feminists Themselves Have Found That Home-Making Is Best. STUDY IN MATERNITY By FREDERIC J. HASKIN. WASHINGTON, D. C.—A change In the attitude of the enlightened toward that knotty problem es woman's proper place in the scheme of things is shoxvn by the great interest which has been aroused in this country by the Sheppard-Towner bill, and by many State measures which have been passed pensioning and otherwise caring for motherhood. This change is based upon the discovery that woman’s entrance Into Industry has greatly reduced her value as a mother, that there are only a few kinds of work women can safely do, and that poverty and factory work between them are costing thousands of lives of women and babies every year. The feminists of a quarter of a century ago demanded loudly that woman should have complete economic Independence. “We demand all labor for our province," wrote Olive Schreiner, one of the most eloquent and Influential of the early feminists. And then the war came along and women got Just what Olive demanded. Most of them had never heard ! of feminism and had not personally demanded anything. They got all labor for their province because all the men were at the front. Os course, even before the war, the number of women in industry was great and growing. The reason for their presence in the factories was not that they had been inspired by visions of economic independence, but that it was becoming increasingly hard to find husbands wbo could support them. A little group of women at the top demanded economic independence. They got it by going into the arts and professions and to some extent into business. At these occupations they were remarkably successful. They won places in the working world without sacrificing either their feminine charm or their right to motherhood. But it does seem as if these leaders of the feminist movement did not fully realize that only a very few women can go into arts and professions, that for the great majority of them work means eight hours a day in a factory with rery l.ttle hope of progress. The great bulk of women have gone to work because they had to, and the results have often been Injury to their own health and that of their children. WOMEN NEED PROTECTION FROM WORK. This fact the feminists themselves have Just lately lealized. Several recent In- i teiilgent books on feminism set forth the ! new viewpoint in a very convincing way. That long discarded and much ridiculed motto: “Woman's place Is in the home," seems to have been hauled out of the attic, dusted off, subjected to a few revisions, and qualifications, and placed on the wall again. At least these recent writers seem to have reached tho conclusion that woman should be protected from all sort* of work which in any way Injures her use- ! fulness as a mother, and they are forced j to admit tlsat many kinds of Industrial work are in that clans, 'they agree tuat ; the woman of brains should follow a pro- j session if she chooses and that women la i tho arts umi professions have as good a i chance as men. They admit that every i woman should bo given every opportu- I nlty to fit herself for any kind or work j her health wrill stand. But they see that j motherhood is her most important fun I tlon, from her owm viewpoint in most cases an tlfrom that of tho state in all ;
cases. The trouble Is that womnn Is now in Industry by the million. For the most part she is not there by choice. She is there because t>he tag to be in order to eat. Therefore, merely to establish the conclusion ttiat she should come out again is ft Ue. She is going to stay there because she has to And industry Itself ts going to try to keep her there betnuae she furnishes a cheap labor supply. What Is to be done, then? The answer of the scientific feminists Is that laws must be made protecting her from conditions that menace her health and her value ns a mother, and giving her all possible aid in earing for herself and her child. England nnd Franco have gone much farther tlinu wo have in protecting women in factories by laws regulating Hours and character of employment, prescribing rest periods nnd the like. They h .vo also gone much farther in providing care for women during the pre-natal and maternity periods. The Sheppard-Towner hill is the most advanced step yet token in this country. It is ehlefly nn educational measure, providing for the instruction of mothers by State agencies under tho general supervision of the children’s bureau. As origiually drawn the bill provided nlso that actual medical earn should bo given by the State when it was needed. This obviously socialistic measure was stricken out by the Senate, which then passed the bill with a reduced appropriation. It will doubtless come before the House at an early date. It has attracted so much favorable attention that there is little doubt of Its pussage In some form. The proponents of tbo bill have made out a strong case to the effect that something should be done for motherhod in America. A few extracts from the hearing before tho House Committee will give in brief space the main facts upon which the demand for this legislation is based i “We are still sacrificing the lives of
Watches Russia
' utrmaMinrtii Turnfriiiii'iniiiriiriitirrrffafl*f~i<—
Montgomery Schuyler of New York, who has b’Ju appointed to succeed Arthur Bullard In keeping In teuoh with relation* w.th soviet governa^nt.
Nemesis of ‘Trust’
W w Aa'' ' ft * - X-r ‘4
Senator Charles C. Lockwood of New Y'ork, chairman of the Legislative Investigating Committee, which exposed the “building trust” iu New Y'ork City and which helped to prevent the eviction of more than 100,000 tenants, says that the time has come when the buildiug of houses should commence, as the falling prh-es and the availability of labor are among the advantages that up to the present could not be found. as many mothers as W’e did 10 years ago. In 1918, 28.000 made the supreme sacrifice —shall I say for motherhood 7 No. Rather paid the supreme sacrifice to lack of suitable Instruction, to absence of prenatal care, to unskilled and bungling obstetrics, and to dirty hands. Reliable statistics Indicate that the maternal mortality this year will be about 15 per cent higher than the preceding year.” “The Infant mortality rate and the maternity mortality rate are an index of social well being. Every factor that lessens the Infant and maternity mortality tend* to lift up living standards, and every advance in living standards automatically tends to lessen theso death rates.” "The United States has the highest maternal death rate in a list of seventeen civilized countries, and the chances of a child surviving its first year are worse in this country than In ten other countries." “Studies of nearly 34.000 Infants in seven industrial cities show that an Income earned by the father fairly guaranteeing the possibility of decent family life and permitting the mother to remain at home with the children, accompanies an infant death rate about three times as favorable as that in the lowest income group. In families in the lowest group one baby in every six failed to survive its first year. In families of adequate Income but one baby In seventeen died in the first year. These studlei have no class basis. They Include every baby born In a given town in a given year. “In one city the Infant death rate wai five timet as great in the mill district as In the fine residential district.” "The bureau's studies in rural areal of six different States revealed the fact that 80 per cent of the mothers had received no advice or trained care during pregnancy.”
It Isn’t Being Done This Season, Albert BOSTON, May B—Prof. Albert Ein- | stein whose theory of relativity has up- : set the scientific world, will not get tho freedom of the city if he comes to Boston j on a visit. j No one In the city council objects, as : was the case In New Y'ork City, where one member of the board of estimate said be didn't know him. But the mayors office announced that as no ono had been given the freedom of the city during the Peters administration, that record Is likely to hold good until the mayor passes out early next year. The city will be glad to banquet and entertain "him, as 1f did General Pershing, •'ing Albert of Belgium and General Nivelle of France. But as for giving him * the freedom of the city, it simply isn't being done. Here’s a Distressful Tale About a Cat DENVER. May 3.—A distressed alley cat refused to be rescued by fire fighters, | after creating havoc with traffic at Sevj enteonth and Champa streets, in the heart I of the downtown Denver district. | Automobiles were Jammed from four : directions, several hundreds persons eon- ! gregated, street car traffic was blocked, and fire apparatus called when the cat ’ was discovered In s sewer. Mrs. S. YV. Gillispie first heard the howling feline and attempted to rescue it. j through a manhole. When "kitty” wouldn’t respond to her calls, she rang in the fire alarm. When the trucks arrived, Mrs. Gillispie was crouching over the manhole with a piece of fish in her hand. "Kitty, kitty," she pleaded, and dropped tha fish. With a bound the cat grabbed the fish and retreated into the recesses of the sewer, while Intrepid fire fighters en- j daavored to persuade it to come out for air. All their efforts were futile. Army Officer is Much in Demand BOSTON, May B—Lieut. Col. Brady G. Rutteneutter has been making a complete circle In trying to follow war orders. He was relieved from the charge of the Army recruiting station and ordered to Springfield. Then an order came telling him to report to a camp in the South. A few hours later he was told to report to Comp Devens. He was going to Camp Devens when another order arrived telling him to report at Springfield ss instructor-inspector of lnfautry for the National Guard. AND THEN SnE WOKE UP. DENY'ER, May 3.—Nemo, the famed sleeper of chlldlore. has been put to • home hy Oma Beverley Nemo, pretty Denver miss. Miss Oma won an annulment of her marriage to Ray William Langford when she testified she had wedded Langford while "fast asleep.” She told the court she had taken an tuto ride with Langford during which he proposed. She refused him. Later on the ride she became cold and accepted a few drinks of whisky as “medicine.” i When she “came to,” she said, she found s she had been married to Langford. ARE YOU TROUBLED? Alapecia is the scientific term for bald- | ness, or deficiency of the hair on the I scalp.
FOR CITIZENS gas STOCK vAI fc M*for/Prloe. 410 LEMCKE BUILDING ■ UIISI
ONIONS FLOOD CITY MARKETS AT LOW PRICES As Food, They Contain Mineral Salts, Vitamines and Essential Oils. AN ECONOMIC PROBLEM ■WASHINGTON, D. C.—ls you are one of those thrifty persons who cut down the cost of living by buying what tha market offerß at a bargain, you will feature onions on your table this sprtng. The market is glutted with onion*. There are said to be 2,500 carloads of them on hand, which will soon be useless if not eaten. And at the same time the human system has a special need for onions. They are, according to experts, one of the very best of spring tonics. Not only do they contain vitamines, and the mineral salts in which a civilized diet is so poor, but also certain essential oils that have the specific effect of stimulating the liver. And the liver is usually an Important factor in that springtime feeling of lassitude and general indifference which the poet does not sing. The present glut in the onion market has forced down the price of that vegetable, which took rank as a luxury during the war, to two cents a pound. In the producing region* you can buy them for as little as half a cent. This situation, which is so happy for the onion eater and so sad for the onion grower, is a part of the general collapse of the values of farm products—a collapse which is undermining the economic health of the whole country. But It la alto due in part to a peculiarity of tha business of onion growing. There are two great onion-producing regions in the United States. The most Important of these is in the North. It* runs from Massachusetts to Michigan In an unbroken belt across the country, then Jumps the prairie States and appear* again In Colorado and northern California. This region produces 85 per cent of all of our onions. From it come the big white, red nnd yellow onions which you can buy all winter at the grocery store. They are harvested in the early fall and are placed in special onion storage houses, which are so constructed as to resist the frost These storage houee may be owned by the onion growers in some cases, but are more often the property of local dealers. The onions are sent to market as they are needed. BERMUDA ONIONS OF THE SOUTH. In the south, especially in the Gulf States, there is another onion belt, which produces the other 15 per cent of our onions. These are the Bermuda onions which you see figured on menus about This time of the year. They are planted in December and harvested early in the spring. They are supposed to come on the market Just as the northern crop, stored the fall before, is becoming exhausted. In this case, the northern crop has not been exhausted. Thousands of tons of northern onions remain in tha market to compete with the southern crop. And the southern crop won’t keep. Harvested in warm weather, It must b* moved and eaten within three or four weeks, or it will spoil. Hence, not only is the grower of northern onions being forced to take a very low price for his crop, but the southern onion man is apt to see his crop rot in storage. This situation is typical of the conditions which are causing tho American farmer so much distress. The price that he gets ft r his product >s regulated by demand and supply. Unfortunately, be cannot control the demand at all, and he can control the supply very little. Besides this, when prices fall, a disproportionate share of the loss falls upon the farmer. The other agencies which handle bi3 product usually suffer very little when prices fall, acl they usually make most of tha extra profit when they rise. The population is increasing faster than the food supply. Moreover, every year sees a larger proportion of that population crowded into tho cities, and a smal- . ler proportion of it on the farms. Hence we are urging the farmers to produce as much food as possible. But the interest of the farmer lies the other nay. YVhen crops are small he gets good prices. The city people suffer. YVhen crops are large, the farmer loses money, while the city people get food at lower price*. AN ECONOMIC
ABSURDITY*. So the better the farmer does for the city people the worse he does for himself. The best thing for him to do is to practice diversified farming producing as many as possible of the things he needs himself, and putting forth a small "money crop” which will bring a good price. The intelligent farmer, and especially the farmer who belongs to a farmer organization, is rapidly getting this idea. He is also getting the idea that when ho markets his money crop cooperatively, thereby eliminating at least some of the middlemen, he will get still more money for it. Small crops, production for home consumption, and community cooperation may help to solve tho problem for the farmer. But they will not solve the food problem of the Nation. Until some way Is found of rewarding the farmer for doing his task well. Instead of punishing him, he will be under strong inducements to shortration ns. The worst difficulty which the farmer faces In carrying out his program 1* that chance and weather have a great deal to do with the size of the crops. He can decide how much land he will plant ' a given crop and he does considei t. ls matter more and more carefully with one eye on the market. But he can not decide how much the land will produce. That depends on the weather. In onions, the same land may produce as littlo as 150 bushels per acre or as much as 600 bushels. Thus the farmer may Intend to produce a small crop and ,* produce a large one In spite of himself. Thus some years the country actually produces more potatoes than it can e9t or sell. Here is a real waste that imrst be used somehow. One way of using it is to make Industrial alcohol out of the spare potatoes. It looks as though alcohol will soon c ome into competition with gasoline as motor fuel anyway. A still Is a simple and Inexpensive plant. A community still could convert a man’t potatoes, and also another root crops and fruits, Into alcohol, for a share of the product, much ns a mill now grinds his grain for him.
THE APPLE 0? YOUR EYE She need* yon. Education, travel, teae ttdem you cannot provide them foe her If you let rout income iip through your finger*. Save it and invest It. Peter Perkin* tells you how, in the fascinating book, "Getting Ahead. There was never so good a time to start as right now. Send us your name and address and "Getting Ahead" will come to you br return mail. KRIEBEL & CO. Investment ‘Bankers 137 Souih La Sail. St., Chicago Kmim city ln4tana*lU Rockford M:HMnkM
