Indianapolis Times, Volume 34, Number 16, Indianapolis, Marion County, 31 May 1921 — Page 10

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STOCK MARKET CLOSES WEAK Steel Issues Lose—Oil and Sugars Suffer Declines. . NEW YORK, May 31.—The stock market closed weak today, many of the leading issues closing at new low levels for the day. Among them was United States Steel which touched 79 1/2 in the last few minutes, a loss of 1 3/4 points for the day. The other steel issues were in supply, Republic Steel selling at 54 1/2, Crucible at 68 and Bethlehem “B’ at 55 3/4. Southern Pacific was the weakest of the railroad shares, reacting one point to 74 7/8. Losses of about 1 point occurred in the oil and sugar shares. Stndebaker was exceptionally strong, moving up over 2 points to 70 7/8. Total sales of stocks were 480, 200 shares; bonds, $11,896,000. (By Thomson & McKinnon.) —May 31— Very little in the day's news has been of sufficient importance to be reflected to any great extent in the action of the stock market. Further railroad reports were made public, and these for the most part were in line with those previously given. The demand for railroad securities, while comparatively small, appears sufficient to impart a tone of strength to that department in the fact of indifference and weakness elsewhere. Other groups, notably motors and oils, were heavy. Selling in motors was based on the theory that the spring orders had been filled and that the general business depression would prevent a resumption of the demand. A further bearish feature was the passing of the Pierce-Arrow preferred dividends. A notable exception to the general condition of the motor industry in point of present business and future outlook, is Studebaker. An interview accorded the Boston News Bureau by President Erskine, and given in full elsewhere in the day’s news, comments at length on his company's satisfactory business both present and prospective. The oil stocks were under pressure because of increased production and slow demand for the crude. Money still rules firm. Foreign exchange continues to show a tendency to work toward lower levels. There are so many cross currents at work that opinions as to the immediate action of the market are of little value. Some definite indications of an improved business situation is reflected in the railroad reports. TWENTY STOCKS AVERAGE. NEW YORK. May 31.—Twenty industrial stocks averaged 74.31, off .59 per cent. Twenty active rails averaged 71.98, off .40 per cent. CLEARING HOUSE STATEMENT. NEW YORK, May 31.—Exchanges, $469,861,763; balances. $77,624,536; Federal reserve bank credit balance, $70,418,739. Money and Exchange Indianapolis bank clearings Tuesday were $2,286,000, against $2,240,000 for Tuesday of the week before. For the month of May clearings totaled $62,009,000. NEW YORK, May 31.—Foreign exchange opened weak today with demand Sterling 3 1/4c lower at $3.86 1/2.Francs yielded 12 1/4 centimes to 8.21c for cables and 8.20 c checks. Lire declined 4 points to 5.20 c for cables and 5.19 c for checks. Belgian cables were 8.21 c; checks, 8 20c. Guilder cables were 34.25 c; checks. 34.23 c. Sweden kronen cables were 22.85 c; checks, 22.80 c. Marks were 1.58 c. Norway cables were 15.25 c, checks, 15.20 c. Denmark kronen cables were 17.70 c; checks, 17.65 c. MOTOR SECURITIES. (By Thomson & McKinnon) —May 31—•—Opening Bid. Ask. Briscoe 11 12 Chalmers com. 1 1/2 Packard com 8 9 Packard pfd 69 71 Chevro’et 100 400 Peerless 27 28 Continental Motors c0m...... 6% 6% Continental Motors pfd...... 79 SI Hnpp om 12% 13% Hupp pfd 92 97 800 Motor Car 17% 18 Elgin Motors 5 5% Grant Motors 8% 3% Ford of Canada 235 240 United Motors ....35 60 National Motors 0 9 Federal Truck 17 19 Paige Motors 1.5 16 Republic Truck 14 18 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —May 31— —Opening— Bid. Ask. Anglo-American Oil I*% 19% Atlantic Lobos 19 21 Borne-Scrymser 360 S9O Bnckeye Pipe Line 80 82 Chesebrough Mfg Cons 183 195 Chesebrough Mfg. Cons. pfd. 98 100 Continental Oil, Colorado.... 110 115 Cosden Oil and Gas 6 9 Crescent Pipe Line „. 20 29 Cumberland Pipe Line 130 140 Elk Basin Pete 7% 7% Eureka Pipe Line 89 92 Galena-Signal Oil, pfd...*.. 91 93 Galena-Signal OH, com 40 42 Illinois Pipe Line 168 ITS Indiana Pipe Lina 79 81 Merritt Oil 9% iO% Midwest Oil 2% 2% Midwest Rfg 142 144 National Transit 27 28 New York Transit 140 145 Northern Pipe Line 89 92 Ohio Oil 270 275 Penn.-Mex 24 27 Prairie Oil and Gas 485 493 Prairie Pipe Line 188 192 Sapulpa Refg 4 4% Solar Refining 390 406 Southern Pipe Line 90 94 South Penn. Oil 210 213 Southwest Penn. Pipe Lines. 68 62 Standard Oil Co.-of Cal 76 79 Standard Oil Cos. of Ind 72% 72% Standard Oil Cos. of Kas 590 690 Standard Oil Cos. of Ky 400 Standard Oil Cos. of Neb 150 160 Standard Oil Cos. of N. Y 320 325 Standard Oil Cos. of 0hi0.... 280 390 Swan & Finch 83 40 Vacuum Oil 290 soo Washington Oil 28 32 NEW YORK crBB. (By Thomson & McKinnon.) —May 31—' —Closing— Bid. Ask. Curtla Aero, com 2 4 Curtis Aero, pfd 10 17 Texas Chief 8 15 First" Nat. Copper % 1 Goldfield Con 8 7 Havana Tobacco 1 1% Havana Tobacco, pfd 4 6 * Central Teresa 3 4 Jumbo Extension 4 6 Internal. Petroleum 15% 15% Niplssing 4% 4% Indian Pkg 113 116 Royal Baking Powder SO 84 Royal Baking Powder, pfd. 6 8 Salt Creek 30 37 Tonopah Extension 1% 1% Tonopah Mining 1% 1% Uni'ed P. S. new 1% 1% U. S. Light and Heat 1% 1% U. S. Light & Heat, pfd.... 6 8 Wright Aero 1-18 3-16 Yukon Gold Mine Cos % % Jerome % % United Verde 25 27 Sequoyah 5-16 % Omar Oil 1% 2% Rep. Tire % % CHICAGO STOCKS. (By Thomson & McKinnon.) —May 31— Open. High. Low. Close. Armour pfd 88% Carbide & Carb. 47% 47% 46% 46% MM>y 8% 8% 8% 8% Montgom.-Ward. 20 20 19 19 Natl Leather... 7% 7% 7% 7% Sears-Roebuck.. 79% 79’, 76 • 70% St-wart-Warner 25% 24% 25 25% Swift &Cos 97% 97% 97% 97% Swift Inti 24% 25 24% 24% NEW YORK HIDE MARKET. NEW YORK, May 31.—Hides were firm today. Native steer hides sold at 13®14c a pound and branded steer hides at 12c. 4

N. T. Stock Prices —May 31— Prev. High. Low. Close. Close. AdT.-Rume. com 15 15 15 Ajax Rubber... 28% 28 23 29% Allis-Chalmers . 33V* 31% 31% 32% Am. Agrlcul 48% 48% 48% 50 Am. Beet Sugar. 37 36% 36% 37% Am. C. & FUy. .123% 122% 122% 122% A inn. Can 29% 29% 29% 30% Am. H AL. com. 12 12 12 12% Am. HAL. pfd. 53 53 53 53 Amu. Drug 6% 6% 6% Aim Inti Corp.. 44% 44% 44% 44% Am. Linseed 80% 29% 30% 30% Am. Locomotive. 85 84 84 84% Am. Sm. & Ref. 42% 42% 42% 42% Am. Sugar Ref. 88% 87 S7. 88 Ant. Sum. Tob. 60% 59 59% 60% Am. TeL & Tel. 104% 104% 104% 104% Am. Tobacco 126% 125% 125% 127% Am. Wolen 74 72% 72% 73% Atl. Coast Line. 78% 78% <s% Anaconda M. Cos 40% 39% 39% 40% Atchison 81% 81 81 81 Atl. G. &W. 1.. 38% 35% 36% 88% Baldwin Loco.. 83% 81% 82 82 . B. & 0 41% 40% 40% 41% Beth. Steel (B). 57 58% 55% 574* California Pete. 43% 42% 42% 44 Canadian P. Ry. 115 114% 114% 115 Central Leath... 87 36% 36% 89% Chandler Motors 62% 61% 61% 62% C. A 0 58% 58 6S 07% C., M. A St. r.. 28% 28% 25% 29 C., M. A St. P. p. 43% 42% 42% 42% Chi. A Northw.. 65 65 05 67 C., R. I. A Pae. 34 S3 33% 35% Chill Copper ... 11% 11% 11% 11% Chino Copper... 25 24% 24% 24% Coca Coia 28% 28 28 28 Columbia Gas... 59% 58% 59 Colum. Graph.. 7% 6% 674 7% Consol. Gas 86% 86% 86% 86% Cosden Oil 32% 31% 31% 32% Corn Products.. 69 68 68% 68% Crucible Steel.. 89% 68 08% 69% Cub. Am. Sugar. 20% 20 20% 20% Cuba Cane Sug. 17% 18% 16% 17% Dome Mines 18% 18% 18% 18% Endicott 62% 61% 61% 62% Erie 14% 14% 14% 14% Erie Ist pfd 21% 20% 20% 21 Fam. Players... 70 69 09% 70% Fisk Rub. C 0... 14 14 14 Gen. Asphalt... 68% 60% 67% 67% Gen. Cigars 58% 58% 58% 58% Gen. Electric....l34 133 13..% 154 Gen. Motors 11% 10% 10% 11 Goodrich 87 36 36 37% Gt. North, pfd.. 68 67% 67% 67% Gt. North. Ore. 28% 28% 28% 29% Gulf States Stl. 35 35 35 Houston Oil 72% 70 70 72% Inspiration Cop. 35 34 % 3474 35 Interboro Corp. 4 4 4 4 Invincible Oil.. 17% 16% 16% 17 Inter. Harvester 89 87% 87% 8874 Inter. Nickel.... 1574 15% 15% 15% Inter. Paper 69 60% 00% 09 Island Oil A Tr. 4 8% 37, 4 Kan. City 50... 27% £O% 27 27 Kelly-Spjr. Tire 71 38% 38% 41 Kennevolt Cop.. 20% 20% 20% 20% Lacka. Steel 47% 46% 40% 47% Lehigh Valley.. 527* 5274 62% 52 Lee Tire 20% 26 26 % 2674 Loews Inc.- 14% 14 147s 14% L. A N 100 100 100 Marine com. ’4% 14% 14% 15 Mex. Pete 15074 147% 1-8 149% Miami Copper... 22% 22 22 22% Middle Sts. Oil. 13% 13 13% 13% Midvale Steel.... 28 27 27 27 Mo. Pa. Ry 22 21% 22 21% Mo. Pa. Ry. pfd 42 4174 41% 407* Nat. En. A Stmp 50% 50 50 % 507* Nev. Con. Cop. 11% 11% 11% 12 N. Y. Air Brake. 65% 65 65 65% N. Y. Central... 69% 69% 69% 69 New Haven 19% 19% 19% 19% •Norfolk A West 95% 95% 95% 9*5% North. Pacific... 71 707* 70V8 71% Ok Pd A Kef Cos. 2% 1% 2 3 Pacific Oil 36% 34% 35% 36% Pan-Am. Pete... 65% (54% *55% 65% Penna. Ry 35% 35 35 35 People's Gas 51 50% 51 50% Pierce-Arrow 22% 21 ” 22% 22% Pierce Oil Cos.. 0% 9 0% 9 Pittsburgh Coal 60% 60% 60% 6074 Pressed Stl. Car. 82% 8174 81% Pullm. Pal. Car... 10114101% 101% 100-% Ray Copper 14% 14 14 14 Reading 71% 70% 70% 71 Rey. Iron A Stl. 56% 54% 54% 5*5% Replogle Steel.. 23 24% 24% 25% Roy.Dtch.ofN.Y.. 58% 58 58% 60 Sears-Roebuck.. 79 7*5% 76% 78% Sinclair 25 23% 23% 24% S.-Shes. S. A I. 38% 38% 38% 39% •South. Pac. . 75% 74% 75% 76% South. Ry 21 20% 20% 20% S. Oil. N. ,T. pfd.106% 106% 106% 10*5% St LA S F Com 2-5% 24% 24% 25 Stromberg Carb 37 37 37 36 Btudebaker .... 71 68*4 71 70*14 Tenn. Copper... 8% 8% 8% 814 Texas Cos 37% 36 36% 37% Tex. A Pac. .. 24% 23% 21% 24% Tobacco Prod. 50% 55% 55% 50% Trans. Oil 9% 9% 9% 8% Union Oil 23 ' 22% 22% 23 Union I'ac 121 120% 120% 120% United R. S. . 60% 58% 58% 60 U S F P Corp. 20% 15% 20% 20% United F. C0..109% 109 19 110 *U. S. Ind. A... 68 65 65 65% U. S. Rubber . <57% 6674 65% 68% *U. S. Steel .. 81 % 79% 79% 82% U. S. Steel pfd.loß% 10774 108 108% Utah Copper ... 65% 53% 53% 55% Vanadium Steel 3174 31 31 31 Vir-Car. Chem. 30 29% 29% 29% Wabash Ist pfd. 2274 22% 22% 22% White Oil ... 1374 13 13 13% West. Elec. ... 46 46 40 45% White Motors... 38% 38 38 38 W-Overland ... 8% 8 B*4 874 Wort. Pump ... 49% 49*4 49% 49 •Ex Div. NEW YORK LIBERTY BONDS. Prev. High. Low. Close. Close, L. B. 3%s 87.88 87.50 87.50 87 80 L. B. 2nd 4s 87.00 L. B. Ist 4%5... 87.66 87 40 87 40 87 6* L. B. 2nd 4%5... 87.20 87 00 87.02 87.18 1,. It. 3rd 4%5... 90.64 93.50 9050 90,58 L. B. 4th 4748... 87.30 87.10 87.10 87.24 Victory 3%s 9S* 97.90 9H.OS ps.oo Victory 4%s ... 98.08 97.88 98.14} 98.00 NEW YORK CALL MONEY. NEW YORK, May 31.—Money: Call money ruled 7 per cent: high, 7 1/2 per cent; low 7 per cent. Time rates, steady; all 6 1/4@6 3/4 per cent. Time mercantile paper, steady. Sterling exchange was steady, with business in bankers’ bills at $3.87 1/2 for demand. NEW YORK RAW SUGARS. NEW YORK, May 31.—Raw sugars were barely steady today. Cubas sold at 4.88 c a pound, duty paid, while Porto Ricos were quoted at 5.06c a pound, delivered. NEW YORK REFINED SUGAR. NEW YORK, May 81.—Refined sugar was quiet today, with fine granulated quoted at [email protected] a pound. NEW YORK PETROLEUM MARKET. NEW YORK. May 31.—Petroleum was steady on the market here today with Pennsylvania crude petroleum selling at $3 a barrel. NEW YORK WOOL MARKET. NEW YORK, May 31.—The wool market here was steady today. The prices of the previous market were maintained. In the Cotton Market NEW YORK, May 31.—Only a few changes occurred in prices at the opening of the cotton market today, but the list was steady at an advance of 3 points to a decline of 3 points on first sales. The best buying was by Japanese interests and the trade, the latter taking January, while a Wall street house and the South sold moderately. A good deal of switching occurred and Liverpool operated on both sides of the street. Later, the undertone improved on covering by the room and at the end of the first fifteen minutes was 5 to 6 points net higher. New York cotton opening: July, 12.94 c; October. 13.67 c: December. 14.10 c; January 14.20 c: March, 14.50 c. The market was easy in the late dealings. with the closing prices 3 points lower to 5 points higher. LIVERPOOL. May 31.—Spot cotton was quiet at the opening today. Prices were easier with sales approximating 5,000 bales. American middlings fair, 10.54d; good middlings. 8.64d; full middlings, 8.19d; middlings. 7.54d; low middlings. 6 54d, good ordinary, 5.29d; ordinary, 4.54d. Futures were quiet. CLEVELAND PRODUCE. CLEVELAND. May 31.—Butter—Extra, in tubs. 34%®35c; prints, 32 1/2@33c: extra firsts, 33 1/2@34c; firsts, 31 1/2@32c; seconds; 22 1/2@25c; fancy dairy. 15@ 23c: packing stock, 12@ 15c. Eggs—Fresh gathered northern extras, 27c; extra firsts 26c; Ohio firsts, new cases. 23 1/2c; old cases. 23 1/2c; western firsts, new cases, 22 1/2c. Poultry—Live heavy fowls 26® 27c; roosters, 18c; broilers, 40@50c.

SWINE VALUES HOLD FIRM Heifers and Steers HigherCalves and Sheep Weak. RANGE OF HOG PRICES Good Good Good May Mixed. Heavy. Light. 24. $8.50 $8.00 @ 8.25 $8.50 @ 8.75 25. 8.25 B.oo® 8.25 i.26 20. 8.25 8.00 8.25 27. 7.850 *.OO 7.60® 7.80 8.00 28. S.oo® 8.15 7.76® 8.00 8.250 8.83 31. 8.15 8.000 8.10 8.26® 8.40 Swine prices were steady to 10c higher at the opening of the local live stock exchange today. The higher tendency was said to be due to the preceding holiday, during which no hogs were being transported to the different markets of the country. There was an extreme top of $8.40 for a few light hogs, while the bulk of that grade brought $8.25@,8.35. Light mixed brought $8.25. Mediums sold at $8.15. and heavies, [email protected], with the bulk of the sales of that grade at $8. Pigs brought $8.50 and down and roughs, $6.50 and down. Receipts for the day approximated 7,500. The bulk of the sales ranged at $8.15@ 8.25. Trade in cattle was active, with prices steady to 25c higher, due to light receipts here and on the other market. Receipts were close to 500 cattle. Cows, canners, cutters and bulls were about steady, while steers were 15c to 25c higher and heifers 25c higher. Veal prices were generally 50c lower, due to a shortage of orders from eastern cities. There were close to 600 calves on the market. With 150 sheep and lambs on the market, prices were weak. The quality of the stuff on the market was poor. HOGS. Best light hogs, 160 to 200 lbs average $ 8.25® 8.40 200 to 300 lba 8.000 8.10 Over 300 lbs 7.75 Sows 5.75® 6.50 Stags 5.00 Best pigs under 140 lbs 8.50 Bulk of sales..,. 8.15@ 8.25 CATTLE. Prime eornfed steers, 1,000 lbs and np B.oo® 8.50 Good to choice steers, 1,290 to 1,300 lbs 6.25® 7.50 Good to choice steers, 1,100 to 1,200 lbs 7.00(8 7.50 Medium steers, 1.000 to I.IOC lbs 6.50® 7.00 Common to medium steers. 800 to 1,000 lbs 6.00® 7.00 —Heifers and Cows — Good to choice heifers ..... 7.50® 8.0( Medium heifers 009® 7.01 Common to medium helfera . 5.00® 6.0*1 Good to choice, cows ...... 5.50*3 650 Fair to medium cows 6.00® 5.50 Cutters .... 2.75® 3.75 Canners 2.00® 2.50 -BullaGood to choice butcher bulls. 5.00® 650 Bologna bulls , 4.20<8 5.00 Light to common bulls ..... 4.00® 4.75 —Calves — Choice veals 8.50® 9 50 Good veals B.oo® 8.50 Medium veals 6.50® 7.50 Lightweight veals 6.00® 7.00 Common heavyweight veals. . 5.00® 6.00 •—Stockers and feedera— Good to choice steers under 800 lbs 7.00® 8.00 Medium cows 4.75® 5.00 Good cows 5.00® 5.50 Good heifers 5.25® 625 Medium to good heifers 4.25® 5.75 Good milkers 45.00®85.CW SHEEP A> D LAMBS. Ewes 2.50 Springers 10.00® 10.50 Yearling lambs 5.50 Other Livestock CHICAGO. May 31.—Hogs— Receipts. 25.000; market 25c to 35c higher; bulk. s7B*>®B.lo; butchers. $7.75®5; packer*. $7.10®7 50; lights. $1.9088.20; Pigs. $7 35 ®8; roughs, $0.80*87.10. Cattle--Re-ceipts. 10,000; market 25c to 40c up; beeves, $0.75®9.25; butchers, ss® 8.50; canners and cutters, $2.25(0,4 50; Stockers and feeders, $5.50®8.25; cows, $4.50® 7.2.'.; calves $7.2509.25. Sheep Receijje. 7,000; market. 50c to $1 up; lambs, $8 .a® 12.25; ewes, 151®4.35. CINCINNATI, May 31.—Hogs—Receipts. 5,000; market steady to 15c higher: mediums, 20c lower: mixed and medlnms. $8 25; lights and pigs, $8.50; roughs $6.50; stags, $4.25®4 50. Cattle—Receipts. 1,500; market slow; bulls, steady; calves, $9.50. Sheer and lambs- Receipts, 6,5*K); market weak: ewea, $4 50; lambs, sl4; seconds slo® 10.50; culls, s7@B. CLEVELAND. May 31.—Hogs—Receipts, 100; market 35e higher; yorkers, $8.50; mixed. $8.50: mediums. $8 50; pigs. $8 50; roughs, $6.25; stags. $4.25. Cattle —Receipts. 300; market slow; good to choice steers, $8®8.75; good to choice heifers. s7®B; good to choice cows, s4® 5.50; fair to good cows, s3® 4; bulls. $6.50®7.50; milchers. $45®80. Sheep and lambs—Receipts. <500; market slow; top, SIA Calves— Receipts, 2.900; market actiw; top. $lO. PITTSBURGH. May 31.—Cattlo— Receipts. light; market, steady: choice, $8.50 ®9: good. SS.SO®9: .air, $8®8.50; veal calves, slo® 10.50. Sheep and lambs —Receipts, fair: market, slow; prime weathers, $5®3.50; good. s4.s*>®s; mixed, fair, $3.50®4.25; spring lambs, $9.50® 10.50. Hogs—Receipts, 23 dd ; market, higher; prime heavies, $8; mediums. $8.4008.60; heavy Yorkers, $8.60®8.70; light Yorkers, $5.50®8.75: pigs, $8.50®8.75; roughs, ss® 6; stags, $3.50®4. EAST ST. LOUIS, 111.. May 31.—Cattle —llecell ts. 6.500; market steady and strong; native beef steers. $7.50®8; yearling beef steers and heifers, s7®B 50; cows. $4®G; stockers and feeders, $4.50® 6; calves, $708.60; canners and cutters, $2.2503.75. Hogs—Receipts, 11,000; market. 15@25c up; mixed and butchers, $7.9) ®8.20; good heavies, s7.6s<fi7Cd; rough heavies, $5.50®9.75; lights. $8®8.30; pigs, $7.85®'8.30; bulk of sales, $7.90®8.20. Sheep—Receipts. 5,500; market, 25®50c higher; ewes, s4®6: lambs, s7®B; canners and cutters, s3® 3 25. EAST BUFFALO, May 31.—Cattle— Receipts, 2.500; market, slow, 25®50 lower; shipping steers, sB®B 75; butcher grades, $7.75®8.50; heifers, $5.25®8; cows, $2.25 00.25, bulls, $4.25@6; bulls. $4 £s®6; milch cows, springers, ss(>®l2o. Calves —Receipts, 2,300; market, $1 higher; culls, choice, $4.50®11.50. Sheep and lambs—Receipts, 5.200; market., active, steady; culls, fair. s6®ll; yearlings, ss® 10.75: sheep. $2 50®5. Hogs—Receipts, 13.600; market, active, higher; Yorkers, $8 50® 8.75 : pigs. $8.75@9; mixed, $8.50® 8.65; heavies, $8®8.25; roughs, SG®O.23; stags, $9 5,6.25. State Crop Letter Extremely high temperature and much needed showers in practically all sections of the State during the last week have made general conditions very good. Corn is practically all planted and being worked the second time in some localities. There seems to be a good stand, with exceptionally favorable weather conditions prevailing. The acreage will be practically the same as last year. The condition of winter wheat Is vsiriable; some sections reporting excellent and ithers poor. There Is much red rust in the southern part of the State and in sects are reported from practically nil sections. Cutting will commence in tho southern part in about two weeks. Spring wheat is in good condition. Good showers were general over the State during the last week, and mare rially benefited the oats crop. But little change In acreage compared with last year. Barley is about in the same condition as oats. Rye continues In good condition and cutting will start in southern counties in a week or ten days. Potatoes and other truck crops have shown considerable improvement in all sections of the State. Cutting of alfalfa has begun in the souther , counties. Rains have materially benefited timothy and clover. Small fruits are showing much improvement over last week. There will be a very small cron of tree fruits. All classes of live stock are In good condition. Many farm hands are looking for work and wages have taken a decided slump. Truck crops grown under contract will show a decided decrease in acreage. WHOLESALE BEEF PRICES. The folowing are today's wholesale prices for beef cuts as sold on the Indianapolis markets: Ribs—No. 2. 22c; No. 3.20 c. Loins— No. 2. 25c; No. 8. 20c. Rounds —No. 2. 20c; No. 8, ISc. Chucks—No. 2,10 c; No. 3, Bc. Plates —No. 2,7 c; No. 3,6 c.

INDIANA DAILY TIMES, TUESDAY, MAY 31, 1921.

Local Stock Exchange 9 STOCKS. —May 31— Bid. Ask. Ind. By. & Light com 55 Ind. Ry & Light pfd 72 £2 Indpls. & Nw. pfd 73 Indple. & Southeastern pfd.. ... 75 Indpls. St. Ry |.... 60 65 T. H. Trac. & Light pfd.... 60 T. H., Indpls & Eastern com. 1% ••• T. H., Indpls & Eastern pfd 6 ... Union Trac. of Ind. corn.... ... * Union Trac. of Ind. Ist pfd Union Trac. of Ind. 2d pfd 2 Advance-Kumely com ••• Advance-liumley pfd 44 ... American Central Life....... 235 ... Am. Creoaotlng pfd 91 ... Belt K. R. com 54 60 Belt R. B. pfd 44% 50 Century Bldg. Cos. pfd 93 , ••• Cities Service Cos. com 22; 230 Cities Service Cos., pfd 64 65% Citizens Gas Cos 28 30% Dodge Mfg. Cos. pfd........ 87% ... Home Browing 45 ... Indiana Hotel com 63 Indiana Hotel pfd 98% ... Ind. Nat. Life Ins. Cos 8% ... Indiana Title Guaranty ft** 03 Ind. Pipe Lino C 0........... 77 84 Indpls, Abattoir pfd ......... 40% 60 Indpls. Gas 43 50 Indpls. Tel. Cos. c0m......... 2 ... Indpls. Tsl. Cos. pfd 90 ... Mer. Pub. Util, prd 41% ... Nat. Motor Car Cos 8% 6% Public Savings Ins. Cos 3 ... Uaub Fertiliser pfd 43 Standard Oil Cos of 1nd..... 71% 78% Sterling Fire Inn. Cos 7% 6% Van Camp Hdw. pfd Van Camp Pack, pfd 29% Van Camp Prod*. Ist pfd 100 Van Camp l’rod. 2d pfd 100 VandaUa Coal Cos. pfd. 4 . 7% Vaudalia Coal com ... 3% Wabash Ry. Cos. pfd 21 Wabash Ry. Cos. corn 7% 9 BONDS. Broad Rlpplo 5s 60 ... Citizens St. Ry. 55.... 69% .76 Indiana Coke A Gas sis 100 Indian Creek Coal & Min. 6s ... 100 Indpls., Col. & So. 5e 89 Indpls. & Martinsville 55.... 63% ... Inupls. North. 6s 42% * 7 Indpls. & N. W. 6s 63 07 Indpls. S. & E. 5s *6 Indpls. S. & 8. 5s 00 Indpls. St. Ry. 4s 57% 65 Indpls. Trac. & Ter. 5s 71 7* Kokomo, Marlon & West. se. 74 77 T. H. I. A E. 6e 40 Union Trac. of Ind. 6a 62 51 Citizens Gas 5s 72% 79 Ind. Hotel Cos. 2d 6 93 ... Indpls. Gas 5s 72 79 Indpls. Light & Heat 5a.... 75 80 Indpls. Wafer 4%s 60% 74 Indpls. Water 5s 86% 90 Merchants Heat & L. ref 5a 87 93% New Telephone Ist Cs 94 ... New Telephone 2d 5s 93% ... Southern Ind. Power 6a 100 LIBERTY BONDS. Liberty first 3%> 87 30 ..... Liberty second 4* 87.00 Liberty first 4%s 67.22 Liberty second 4%s 86.80 ..... Liberty thi-d 4%s 90.30 Liberty fourth 4%s 87.00 87.50 Victor Loan 3%s 97.78 ..... Victory Loan 44*s 07.60 95.2S Local Curb Market (By Nowton Todd.) —May 31— Bid Ask American nomlny Common ..1+ 22 Rurdtck Tire i Rubber 1% 3% Capital Film Cos 1% * Choate Oil 1 2 Columbia Fire Ins. Cos 6% $% Comet Auto 1% 2% Duesenberg Motor Car Com.. 5 9 Elgin Motor Car 4% 6% Federal Flnnnce Cos. Com 123 143 Great Sou. Prod. & Ref, units 4% 6% Haynes Motor com 118 Hurst A Cos. common 2% 4% Hurst A Cos. pfd 50 70 Indiana Rural Credits 6*5% 8*) Indlanapoll* Securities Pfd... 4% 6% Majestic Tire A Rubber 12 IS Metropolitan 5-60 c Store* com 10 17 Metropolitan 5-50 c Stoma pfd 42 60 Robbins Body Corp. Units.. 40 6*) Stevenson Gear Cos. Pfd. ... 64* 0 Stevenson Gear Cos. C0m.... 6% S U. S. Mortgage Cos. Units....l4S 187% Weather The following table show* the state of the weather st 7 a in., May 81, as observed by U. 8. Weather Bureaus: Station. Bur. Temp. Weath. fndlunapoll*, Ind.. 211.97 77 Clear Atlanta, Ga 29 92 70 Clear Amarillo, Texas... 29 84 66 Clear Bismarck. N. D... 30.20 46 Clear Boston, Mass 29 98 72 Clear Chicago. 11l 30 04 68 PtCldy Cincinnati. 0hi0... £0 90 74 Clear Cleveland Ohio 80 00 68 Clear Denver, Colo 20 88 50 Cloudy Dodge City, Kan.. 20.42 64 PtCldy Helena, Mont 20 00 42 Clear Jacksonville, Fla... 20 82 74 Clear Kansas City. M 0... 29.94 68 PtCldy Louisville, Ky 20 06 74 Clear Little Rock, Ark.. 20.88 72 Clear Los Angeles, o*l.. 30*10 54 Clear Mobile. Ala 20 80 76 Clear New Orleans La... 20.82 78 PtCldy •New York. N. Y... 30 04 66 Clear Norfolk. Vn 20.08 62 Cloudy Oklahoma City 29.90 68 Cloudy Omaha, Neb 30 04 00 Cloudy Philadelphia, Pa... 30.04 70 Clear Pittsburgh. Pa 30 02 70 Clear Portland. Ore. 20.04 50 Clear Rapid City. S. D.. 30.14 48 Cloudy Roseburg, Ore 30.00 44 Clear Han Antonio, Texas 20.80 74 Clear San Francisco, Cal. 30.06 62 Cloudy St. Louis, Mo 20 04 78 Clear St. Paul. Minn 30.10 56 Cloudy Tampa, Fla 20.80 82 Clear Washington, I). C.. 80.04 64 Clear WEATHER CONDITIONS. During the last forty-eight hours shower* nnd thunderstorm* have occurred from the middle Rocky Moantatns ond middle Plain* section to the upper Mississippi Valley and western Lakes region. Warm weather ha* continued over the eastern and southern part* of the country, but moderately cool weather has prevailed over the northern Red River and upper Missouri valleys and the Canadian Northwest. - CORN AND WHEAT BULLETIN. For the twenty four hours ending at 7 a. m., 90th meridian time, Tuesday, May 31, 1921: J _ Temperature. J - © _ e *< Stations of " cS ® Indianapolit f ~ ”7 Districts || |£.SPJ EHS -I fc a 3 S£ M £2 ►. J 2 6---a o£2 South Bend 90 C 0 0 1 Good Angola 89 64 0 ! Good Ft. Wayne 86 P/4 0 Good Wheatfleld 97 02 0 Good Royal Center 88 60 0 Good Marion 90 01 0 Good Lafayette 02 66 0 Good Farmland 87 58 0 Good Indianapolis 87 6!) 0 Good Cambridge City.. 89 57 0 Good Terre Haute 90 70 0 Good Bloomington .... 00 62 0 Good Columbus 91 62 0 Good Vincennes 94 60 0 Good Paoll 86 63 0 Good Evansville 00 70 0 Good .T. H. ARMINGTON, Meteorologist. Weather Bureau. CHICAGO PRODUCE CHICAGO, May 31.—Butter—Receipts, 11,869 tubs; creamery extra 28%c; firsts, 23®27%c; packing stock 14@15c. Eggs— Receipts, 3.20S cases; current receipts, 20®21o; ordinary firsts, 18@19c; firsts, 21%@22e: extras, 24@24%c; cheeks, 17%c; dirties, 18c. Cheese—Twins (new). 13%® 14e: daisies, 13%@14c; young Americas. 14%c; longhorns. 14®14%e; brick, 14® li%c. Live poultry—Turkeys, 25c; chickens, ‘22c: roosters, 12c; geese, 15® 30c; ducks, 25@30c. Potatoes—Receipts nominal. INDIANAPOLIS PRODUCE. Eggs—Fresh, loss off, ISc. PoultryFowls. 20@23e: springers, 1% to 2 ibs, 35@40e; cocks, 10c old tom turkeys, 25c; young hen turkeys, 30c; cull, thin turkeys not wanted: young tom turkeys, 30c; ducks, under 4 Its, 15c; geese, 10 lbs and up, 11c; squabs, 14 lbs to dozen, $4.50; guineas, 9-lb size, per doz, $2. Butter—Buyers are paying 30@31c per lb for creamery butter, delivery in Indianapolis. Butterfat—Buyers are paying 25c per lb for butterfat, delivered in Indianapolis. ■

MAY WHEAT UP 16 CENTS Other Grains and Provisions Close Irregular. CHICAGO, May 3L—Shorts, clamoring for May wheat to make last day deliveries shot the price up 16 cents on the Chicago Board of Trade. Offerings of the old grain were scant. The general list of grains and provisions were irregular. May wheat opened at $1.71, up l%e, and closed, up 16c. July wheat opened up 2%0 at $l.3OVi and closed up l^c. May corn opened up %c at 64c and closed %c higher. July corn opened up %c at 65%c and closed off %c. .September corn opened %c up at 60%c and closed off %c. May oats opened unchanged at 39%c ond closed up l%c. July oats opened unchanged at 40%c and closed the same. September oats opened up %c at 42%c and closed off %c. (By Thomson & McKinnon.) —May 31— Who at—There have been beneficial rains over considerable of the western portion of tha wheat belt, with moderate temperatures. Asa consequence, there has been less complaint of the condition of the growing crop, although there 1 afe beon reports from southern Illinois and Ohio corroborating previous claims of thin stand, short Leading and lack of vitality. The Unproved weather has been more than onset by a demand from abroad. This was evidenced, first, by the buying of July by seaboard houses and later by reports of 1,000,000 bushels sold over the hotlday. It Is said to have been taken mainly by Germany for nearby shipment. The roceipts of wheat were about as expected, but were not sufficiently large to relievo the situation in the May delivery. Today's arrivals of cash wheat have been used principally to fill previous solas for May delivery. Hereafter, the receipts will be directed toward filling export sales and milling demand as It develop*. It Is quite possible that the present extreme premiums over the July will bo modified, but it Is more than probable that all offerings will soli at strong premiums, and it is not likely that there will be sofflelont movement to build up accumulations, all of which prompts ns to feel that anticipation of permanently lower prices is not correct. Com and Oats —Receipts of both corn and oats were math larger than expected, but markets were held firm early In sympathy with wheat. Elevators were principal buyers of the current riveipts, which were hedged In tho July and September. This condition finally told upon the prices. Tha present weather Is distinctly favorable for corn and reports oi germination ars generally good The oats crop, however, is not doing well, beading out short in many Instances. We feel that it is better policy to anticipate higher prices, both corn and oats, although this condition may not materialize for a little while. Provisions —There is tio broadening of interest in the provision market, every little bulge in prices meeting selling by smaller packers. The stock of lurd In Chicago are expected to show u good increase. CHICAGO GRAIN. —May 31— WHEAT— Open. High. Low. Close. May 1.71 I.OT 171 1.87 Ju1y..... 1.30% 1.31% 1.23% 1.23% I CORN— I May 64 65% 63% 64% j July...* 65% 60S 64% 64% ' Sept..... 6*5% 68 6*5% 6*5% OATS— " , May 39% 40% 33% 40% July. 40% 41% 404* 40% Kept..... 42% 43% 42% 42% ! PORK—- | ‘May 16.33 i July J 7.15 17.15 16.73 16.75 ! lak£>— •Msy 920 I July 9.70 0.70 9.37 0.45 RIBS—•May.... .... .... .... 9.58 July...- 9.50 0.80 0.53 0.73 RYE— May 1 68% 168% 100 1.67% JulY 1.22 1.23% 122 1.22% Sept 1.00 1.07 1.08 1.06% •Nominal. CHICAGO CASH GRAIN. CHICAGO. May 81—Wheat—No. 2 rod. 151.69® 1.78; No. 4 rad. $1.73; No. 2 hard winter $1.K9®1.77: No. 3 hard winter. $1.73; No. 1 northern spring. $1.60®1.78: No. 2 northern spring, $1.78; No, 3 spring, $1f.1®167. Corn—No. 2, 63® 05%e; No. 2 white, 03%®65\c; No. 2 yellow, 05®66c; No. 3 mixed, 64%e: No, 3 white 04%e; No. 3 vellow. 4%®05%0; No. 4 mixed, 63%c : No. 5 white 50®09c; No. 3 yellow, 63-. Gtg—No. 2 white. 40% ®41%0: No, 3 white, 39%®41c; No. 4 white. 39®39%e, TOLEDO CASH GRAIN. TOI.EPO, May Sl.—Wheat—Cash, $154 bid: May, *154 bid; July. $154% Corn Cash. Cs@o6c Ont* -Cash 42®43c. Bye—Cnsb, $1.49 Barley Cash, 70c. Cl over seed —Cash. $1373; October, $1050; | December. $lO 4.5 Alslke Cash. $13.50; i August. sll 50; October. $10.75 bid. Timothy (19181 cash, $3; (19191 rssh. $3 05; (1920) cash. $3.10: May, $3 10; September, $3.43; October, $3 32%. PRIMARY MARKETS. (By Thomson & McKinnon) —May 31— Wheat Corn Oats Chicago 149,1)00 008,000 357,000 Milwaukee 59.0*10 200,000 1 60.000 Minneapolis .. 722.000 74,000 153,0C0 Duluth 44,000 1.000 4,000 St. Louis 216.000 265,000 306,000 Toledo 82,000 36,000 37.000 Detroit 6.000 11.000, 14,000 Kansas City .. 900,000 179,000 51,000 Peoria 6,000 115,000 59,000 Omaha 252,000 276.000 104,000 Indianapolis... 3,000 102,000 48,000 Totals 2,389,000 2,170.0:10 1.362.000 Year ago... 1,330,000 1,203,000 1,020,000 —Shipment— Wheat Corn Oats Chlcngo 104.000 625,0**0 268,000 Milwaukee .... 40,000 7.000 17,000 I Minneapolis ~ 17t.000 17.000 67,000 | Duluth 64,000 44,(XX) St. Louis .... 47,000 67,000 66.000 | Toledo £4,000 20,000 30,000 I Detroit 2,000 4.000 2,1410 Kansas City .. 493.000 40,000 14,000 Peoria 6,000 77.000 50.000 Omaha 138,00 73,000 18,000 Indianapolis 38,000 22,000 Totals ...'..1,095,000 1,012.000 544.000 Year ago .. 8.23,000 308,000 <514,000 —Clearances — * Domestic W. Corn Oats New York 75.900 Philadelphia .. 209.000 150,000 New Orleans.. 32,000 Totals 316.009 150,000 Y’ear ago ..1,204,000 ....... INDIANAPOLIS CASH GRAIN. —May 31Bids for ear lots of grain and bay at the call of tho Indianapolis Board of •Trade were: Wheat—Easy; No. 2 red, $1.51® 1.53. Corn —Steady; No. 2 white. 63@64%e: No. 3 white, 62®63%0; No. 4 white. 01® 68c; No. 2 yellow, 62%®63%e: No. 3 yellow, 61®62c; No. 3 mixed, 61@63e. Oats—Steady: No. 2 white, 41%42%c; No. 3 white. 40%@41%e. Ilav—Steady; No. 1 timothy. $18.50® 19; No. 2 timothy. $lS®lB,5O; No. 1 light clover mixed, $17.50@15; No. 1 clover hay, $16@17. —lnspections Wheat—No. 1 red, 1 car; No. 2 red, 5 cars: No. 3 red. 5 cars; No. 4 red. 1 car; No. 5 red, 1 car; No. I mixed. 1 car; No. 3 northern spring, 1 car; total, 15 cars. Corn —No. 1 white, 6 cars; No. 2 white, 36 cars; No. 3 white, 12 ears; No. 4 white, 7 cars; No. 5 white, 1 car; No. 6 white, 7 cars: No. 1 yellow, 17 cars: No. 2 yellow, 39 cars; No. 3 yellow, 5 cars; No. 6 yellow, 2 cars: sample yellow. 2 cars; No. 2 mixed, 5 cars; No. 3 mixed. 1 car; No. 0 mixed, 1 car; total, 141 cars. Oats —No. 1 white, 4 cars; No. 2 white, 37 cars; No. 3 white, 4 cars; No. 4 white, - car; No. 2 mixed, 1 car; total, 47 cars HAY MARKET. The following are the Indianapolis prices for hay by the wagon load; Hay—Loose timothy, new, slS®l9; mixed hay, new, $18@17; haled, $16017. Outs—Bushel, new, 35@3Sc. Corn —New, 60®65c per bushel. WAGON WHEAT PRICES. Indignßpolis flour mills and elevators today are paying $1.50 a bushel for No. 1 red winter wheat, $1.47 for No. 2 red winter wheat and $1.44 for No. 3 red winter wheat.

On Commission Row TODAY’S PRICES. Appl is—Fancy, all grades, per bbL, $4.50®6.50. Asparagus—Fancy home grown, per doz., 60c; large bunches, per bch., 50c. Bananas—Extra fancy high grade fruit, 50c to COc per bunch, per lb., B%c. Beans —Michigan navy, In bags, per lb., 4%®5c; Colorado Pintos, In bags, per lb., 7®7%c; California llmas, in bags, per lb , 744®8c; red kidneys, in bags, per lb., 12@13c; California pink chili, in bags, per lb„ 7@Bc. Beans —Fancy green, per hamper, $3.50. Beets—Fancy new, per doz. bchs., 75c. Cabbago—Fancy new, per 80-lb. crate $3.50; less than crate, per lb., 6c. Carrots —Fancy, home grown, per hpr., $1.50. Grapefruit—Extra fancy Floridas, all brands, per box, $5.50®6.50. Green Onions—Homo grown, per dos., 12%c; large bunches, Ssc. Kale—Fancy, home-grown, per bbl., $2.50. Lemons —Extra fancy Callfornlas, 300s to 3605, per box. SIO.OO. Lettuce —Fancy hothonse leaf, per lb., 12c; fancy hothouse leaf, in barrel lots, per lb., 10c; fancy California iceburgs, per crate, $5.50. New Potatoes —Fancy Triumphs, per 100-ib. sack, $3.50; 5 or 10-bag lots, per sack, $3.25. Onions—Fancy Indiana yellow, red or white, per 100 lbs., $1; fancy Texas yel low, per crate, $2; fancy Texas white, per crate, $2.25. Oranges—California, all grades, per box, $4.7506.00. Peas—Fancy Mississippi, per hamper, $3. Pieplant—Outdoor, per dos., SSc. Pineapples—Fancy Cuban, per box, $4.5001.00. Radishes—Long red, per doz., 20c; button, home-grown, per dos., 20c. Spinach—Fancy, per bbl., $2.50. Strawberries - Fancy Tennessee, per 24-qt. crates, ss®o. Sweet Potatoes—Fancy Eastern Jersey, per hamper, £2.50. Tomato*,!—Fancy ripe, 6-basket crate, per crate. $8.50. WHOLESALE FEED PRICES, Ton Cwt. Acme Bran Acme Feed 28.00 1.45 Acmo Mi-ids 39.00 155 Acme Dairy Feed ........... 37.. V) 1.90 E-Z Dairy Feed 30 59 155 Acme 11. & M 83.50 1.70 Acmo Stock Feed 26 00 1.33 Cracked Corn 32.25 1.C5 Acme Chick Feed 41.50 2.10 Acme Scratch 38.50 1.95 E-Z-Scratch 36.25 1.85 Acme Dry Wash 40.00 2.05 Acme Hog Feel 39 00 2.00 Homllck Yellow 27.00 1.40 It-lied Barley 59.00 2.00 Alfalfa Mol 3600 1.85 Cottonseed Meal 38.60 1.95 Linseed Oil Meal 42.00 2.15 Chick Mash 44.00 2.25 FLOUB AND MEAL. E-Z-Bake bakers flour in 96-lb. cotton bagt, $9.35. Corn Meal la 100-lb. cotton bags, $1.95. Report 2 Officers Killed in Explosion WASHINGTON, May 81.—Reports to the Army service late this afternoon stated that a bomb explosion at the Aberdeen (Md.) proving grounds had resulted in the death of two officers and that eight, enlisted men had beer seriously injured. The air service stated that the report was entirely unofficial. The explosion came. It was said, when a bomb was dr-ppcd as it was to be loaded on au airship. Street Gangs Back on City Work Today With the work of grading, graveling and oiling unimproved roads approaching the Speedway, finished before the race last week, tbeweven unimproved road repair gangs ot the city street department were back at work In their respective city districts today. Street Commissioner A. O. Meloy announced. One of the gangs was repairing Illinois street in the neighborhood of Sixteenth street and the other was working on Broadway. Tho tremendous grind of Speedway race traffic did not damage the gravel and Ptono streets leading to It, Mr. Meloy reported. Municipal Golf Links Nearly Pay Upkeep Municipal golf links are practically paying for their own upkeep this summer, James 11. Lowry, superintendent of parks, announced today. At the Riverside course receipts so far have totnled $6,345.50. The annual upkeep costs $7,000. Revenue comes from locker fees of $lO v*er year, fees of $lO per year or 50c per day for playing on the course and towel tickets. Receipts upon the Ellfuberger Fark course, which has bee j open only a little more than a month, I'ready are within S4OO of the total Incurs of last year. Bank Messenger Is Robbed of Large Sum CHICAGO, May 31.—Arthur Eiden, messenger for the Fidelity State Bank, was held up and robbed of $2,480 in cash this afternoon on the street near ills bank. Two armed bandits, unmasked, grabbed his satchel containing the money, and escaped. Shipping Board Held Back; JLJLJncertainty WASHINGTON, May 31.—The uncercalnty regarding “one man” prevented President Harding from announcing the personnel of the new Shipping Board, It was announced at the White House today. The President hopes to have the consent or refusal of the nominee by tomorrow or Thursday. Montpelier Man Is Heat Stroke Victim Special to The Times. HARTFORD CITY. Ind., May 31. Walter Stephenson, age 30, Montpelier, employed by the Indiana Pipe Line Companyy fell dead while at work five miles west of here at. noon today. Physician attributes his death t oheat prostration. ROUNDS OUT TWENTY YEARS. Miss Mary Carmichael today completed her twentieth year as an agent in the children’s department of the State board of charities. Miss Carmichael's w T ork is finding homes for children and visiting them. DISCUSS STATE FAIR. Plans for the State Fair this fall and for the erection of anew building at the Fair grounds were made today at a meeting of the State board of agriculture. Tlie board also took up again the matter of transferring Us property to the State. CHANGES MUNCIE WATER R4TES. The public service commission today Water Company from $9 to $5 and InWater Company from $9 to $5 adn Increased the minimum monthly meter charge from $1 to $1.25. The commission recently increased the flat rates from $4 to 0. 1971 ACTS SENT TO COUNTY CLERKS. Copies of the acts of the 1921 Legislature tnve been shipped to all county all but thirteen of the clerks for them. As soon as all are received the acts will gMg|||Spij|3ktad.

SLUMP GOES ON IN FOOD PRICES Toboggan Reflected in Quotations to City Hospital for June Delivery. The merry decline of food prices will continue in June, City Purchasing Agent Dwight S. Ritter announced today. Prices quoted for food supplies for the city hospital for delivery next month, compared with what was paid in May, are given in the following tabulation with the May price first and the June price second: Oleomargarine, per pound, 28 and 28 1/2 cents; butter, per pound, 39 and 30 cents; eggs, per dozen, 23 and 22 cents; flour, per barrel, $9 and $8.20; sugar, per pound, 8 and 7.35 cents; beef, per pound, I8 and 16 cents; veal, per pound, 19 1/2 and 17 cents; smoked ham, per pound, 29 and 28 cents; fresh ham, per pound, 24 and 23 cents; bacon, per pound, 27 and 25 1/2 cents; pork loins, per pound, 24 and 22 1/4 cents; cheese, per pound, 19 1/2 and 17 cents; soda crackers, per pound, 13.6 and 11.8 cents, and graham crackers, 17 and 15.3 cents per pound. There was a 1-cent increase per pound in the price of lamb, so it will not be bought in June, Mr. Ritter said. WORKS BOARD TO DISCUSS STREETS Repairs by Use of Patent Heaters Proposed. Plans for putting into effect a new method of improved street repairing will be discussed by the board of public works Wednesday, following delivery Saturday of two machines, known as Lutz surface heaters. The heaters, which make possible the laying of new asphalt on old asphalt, concrete or brick pavements, are rented by the city for a period of two years from a Kansas City, Mo., concern holding exclusive patents on them. An annual rental of not less than $500 per machine is guaranteed by the city upon a basis of 10 cents per square yard of pavement treated. The city is privileged to sublet them to contractors. New specifications for street resurfacing must be drawn up by the board of public works before contractors may be permitted to bid upon street resurfacing jobs in which the heaters are to be used. The board also will confer with officials of the Indianapolis Water Company on the program of water main extensions for the rest of this year, President Mark H. Miller, stated. HIT SLAUGHTER OF ANTELOPE Canadians Appeal to Government to Save Herd. SWIFT CURRENT, Saskatchwan, May 31.—Indignation has been aroused among those interested in the conservation of wild animals over the slaughter by hunters of at least half the antelope in a large herd that makes its home in the open country northwest of this town. The herd lived unmolested for years and at its maximum numbered 300 animals. Hunters began to make clandestine raids on the herd last fall and kept np their depredations during the winter. At the opening of spring not more than 150 antelope were left. Prong-horn antelope, once rival of the bison in number on the plains of North America, have been almost exterminated. This is one of the few wild herds remaining on the continent. When the Hudson's Bay Company was the sovereign power on the prairies, the land which it is now rapidly selling to farm settlers, swarmed with antelope. Now only a few hundred are left of the hosts that once glanced in the sun. The antelope of the United States have shared the fate of those of Canada. Except for a few fugitive bands in desert wastes, all the wild antelope have disappeared. The greatest herd left on the continent is in Yellowstone Park under Government protection. Small herds also are flourishing in Government parks in Montana and Oklahoma. Antelope are prolific and multiply rapidly under favorable conditions. The Canadian Government has been notified of the decimation of the Swift Current herd by hunters and asked to take immediate steps to save the antelope from extermination. Girl of Today is too Much Criticized WASHINGTON, May 31.—The modern American girl is not bad. Notwithstanding her knee-length skirts, cigarette smoking and general make-up, she has been too much blamed for conditions over which she has no control. This is the opinion of Mrs. Thomas Estill, one of the leading Salvation Army workers of America, who is in Washington attending the National Social Congress of that organization. “I don't see why they don't stop picking on the girls,” said Commissioner Estill. “The girl of today is too much criticised. Let the poor little thing alone. “1 have worked among girls in every big city in the eastern part of the United States as the wife of the territorial commissioner of the Salvation Army. I know girls. “Os course, it is deplorable that girls smoke, wear scant attire, run around alono too much and are generally reckless. "But why blame the girls? It is simply the spirit of the times.” “After all,” the Salvation Army worker said, "the girl of today is the same sweet girl our grandmothers used to be * • • just dressed in different clothes.” New Prohi Officer Starts Wednesday Bert Morgan, who has been named to succeed Charles J. Orbison as prohibition officer for Indiana, will take his position Wednesday. Mr. Morgan spent some time today at the office in the Federal Building going over affairs of the department. The change has been expected for some time, but one thing after another has come up to lelay it. Obregon Plans to Stop Gambling MEXICO CITY, May 31.— Gambling throughout the republic will be stopped if a bill introduced in Congress at the instance of President Obregon becomes a law. The President has asked that the constitution be amended so as to give him ample powers to prevent and suppress gambling of all kinds. Hays Admits Two Papers to Privileges WASHINGTON, May 31.—The Milwaukee Leader and the New York Call both today were admitted to the second class mail on order of Postmaster General Hays.

INDIANAPOLIS SECURITIES STOCK 415 LEMCKE BUILDING

MASTERPIECE WAS LONG LIFE OF BURROUGHS Naturalist Famous Writer for More Than Sixty Years. HAD CLEAR VIEW OF LIFE BY FREDERIC J. HASKIN. WASHINGTON, D. C.—John Burroughs surely had one of the longest and fullest lives an American ever lived. He scarcely had need to read American history for he had lived through most of it. He was born in 1837. In his early twenties he was writing essays and poems, imitating the great Ralp Waldo Emerson, who was then the dominating literary genius of America. Think of a man who began his writing career as a contemporary of Emerson and who published his last book this year. For no less than sixty years—almost two generations—he was an author in active practice. His life was his real masterpiece. Not that his works are not valuable. He was an essayist of real distinction, and a sound philosopher. He taught a great many how to find beauty and interest in the out-of-doors, and perhaps he taught a few how to “accept the universe” as he did, seeing life clearly, with ail its hazards and hardships, its soon and certain end, leaning on no supernatural faith or hope of future existence, and yet achieving serenity. That was what he preached, and whether he preached it convincingly or not, he certainly practised it with dignity and success. He begam life as a poet. Later he became an essayist, and finally his whole thought and effort turned to science. All of his later writings were designed to win men over to the scientific view of life. Burroughs, like most scientists, rejected religion. He could not believe in; a future life or in a Creator of the Universe. He began his intellectual development at a time when Darwin’s theory of evolution was still a sensation, when religious men were still declaiming against it, and scientific men were declaiming against religion, and some benighted visionaries were trying to reconcile the two. Burroughs of course took the scientific side, and Darwin became his idol. Many of his later ersays reflect this intellectual conflict of his youth. He wrote somewhat as though the great war of the last century between religion and science were still going hotly forward, as though he did not realize that a truce had long since been called, the scientists and the partisans of revealed religion going their separate ways. And yet none of Burrough's writing seems irrelevant or out of date. For he was always trying to persuade his readers to love nature, to understand nature, to see that their real salvation lay in a life of intelligent adjustment to nature's laws. SAW NATURE AS ■ RELENTLESS FORCE. ■ Burroughs created through his writings a whole army of sentimental nature lovers—of ladies who rave over sunsets and bird songs, and tell you how sweet and lovely nature is. He must have viewed these disciples of his with horror. For he saw nature as a mighty relentless force, of which man is an accidental product. He saw that the life of man is a brief and hazardous thing, subject to a thousand chances of injury and destruction. He saw how man, longing to dignify himself and his life, had come to believe in future states and in personal creators. He understood this longing, he shared it; but to him all religions were merely sentimental myths, which, in the long run. unfitted man for survival. He believed that man must summon the courage to accept the conditions of life as they are, that he must admit he has no proof or even indication of any life beyond the present one —nothing but a longing for such a life. He must realize further. Burroughs said, that this life is a thing of hazard, guarded by no special providence, subject to the same chances as any other form of life on the globe. This is perhaps a terrible philosophy, and one which calls for courage but Burroughs believed that a high serenity may be gained from it, that the man who seeks to live by the laws of nature will in the long run be the happiest. His own life was certainly the most convincing demonstration of that philosophy. Serene, sane, independent in thought and act, supremely reflective, he stood aside from the troubled and violent current of American life. Life rushed by him as a mob dashes by some quiet, astonished bystander. Here were men hot after money, men worn and torn by ambitions, men following all sorts of religions and superstitions and isms, some in ecstacy and some in anguish. Here was almost everything save a man at peace with himself and with his fellows. NATURE TERRIBLE BUT BEAUTIFUL. Burroughs, out of his vast serenity, spoke to the mob gently. He bade these excited ones to be calm, if only because their futile little lives were not worth : getting excited about. He bade them stop and notice how beautiful was sunlight on water and the song of a mockingbird and the first green of spring. He suggested that since they were here for such a little while it might be well to pause for a moment and to enjoy the beauty and wonder of the spectacle of life. All of them, he saw, were madly running away from the reality of life, that is, from Nature, because they had not the courage to face it. And he tried to tell them that although Nature is indeed terrible, she is also beautiful, and not always cruel to those who understand her. And why run away from her, anyway? There is really no escape. Most of them paid no attention to him. A few of them stopped and listened for a moment and then ran on. Only a very few could share and understand the philosophy which gave this old man much rare peace and strength of spirit. He was not calculated to influence many, not only because his philosophy was too austere for them and demanded more courage than the many have, but also because he knew nothing about them. He was no social observer; be was a recluse. He did not try to fit his philosophy to other men’s lives. This philosophy was woven through and through his writings. It is Just as well expressed in this bit as in any other: “Man has taken his chances in the clash of blind matter and the warfare of living forms. He has been the pet of no gods, the favorite of no power on earth or in heaven...Gravity, electricity, fire, flood, hurricane will crush or consume him if his hand is unsteady or his , wits tardy. Nature has dealt with him on the same terms as with all other forms of life. She has shown him no favor. The same... .elements make up his body and his brain as make up theirs, and the asme are the constituents of the rocks, soils and clouds... .How can we separate man from the total system of things, setting him upon one side and then upon the other? In life, in action we unconsciously recognize ourselves as a part of Nature. Our success and well being depend upon the closeness and spontaneousness of that relation.” Whatever that idea may be worth you. it brought great peace and comfort to Burroughs.