Indianapolis Times, Volume 34, Number 19, Indianapolis, Marion County, 3 June 1921 — Page 17

STOCK MARKET CLOSE IRREGULAR Sugar Issues Maintain Losses —Pierce-Arrow Declines. NEW YORK, June 3. —The stock market closed irregular today. The market was generally nervous and unsettled in the last hour of trading, further losses being sustained in many of the sugar stocks. American Beet Sugar falling over 1 ' 2 points to 31% and Cuba Cane Sugar sold down to 14%. American Sugar Refining declined to 77%, but had a rally from its low level in the last few minutes of business. Pierce Arrow preferred sold down to 4614. a loss in all of 3% points. United States Steel, after ranging from 79 to 80, again yielded to 79%. Total sales of stocks today were 652.000 shares; bonds. $11,861,000. (By Thomson & McKinnon) —June 3 After a steady, but rather featureless opening bear pressure and liquidating sales gave today's stock market a decidedly weak tone. ■La late spurt in steel started some short Byvering, but on the announcement of a Bit to 5 per cent in Harvester dividend. Belling again became insistent, but considering the circumstances, was fairly well taken. The principal Interest was centered in the sugar stocks which were subject to severe liquidation. The passing of the Cfiba Cane preferred dividend, while not Unexpected, served to encourage this action. The weak position of sugar has keen recognised for tome time and today's market action will hare a tendency to clarify the situation. On the whole it must be admitted that market acted well in view of the conditions surrounding it-. A significant feature is the action of ral's. These are apparently being absorbed quietly and this buying is made easier bv unsettled conditions in the rest of the list It is based on sound underlying conditions and forecasts a return of prosperity for the carriers, in which the Industrial situation as a whole will share. TWENTY STOCKS AVERAGE. NEW YORK, June 3.—Twenty industrial stocks averaged 73.06, off .45 per cent. Twenty active rails averaged 7L75, off .14 per cent. CLEARING HOUSE STATEMENT. NEW YORK. June 3.—Exchanges, $650,824,845; balance. $69,665,488; Federal Reserve Bank credit balance, $62,406,210.

Money and Exchange

Indianapolis bank clearings Friday were $22237.000. against $2,019,000 for Friday a week ago. NEW YORK, June 3.—Foreign exchange opened strong today with demand Sterling %c higher at 3.89%. Francs rose KV centimes to 8.32%c for cables and 8.31 Mic for checks. I.ires were % of a Toint higher to 5.25 c for cables and 5 24c x?ir checks. Belgian francs were 2 centimes higher to 8.32 c for cables and 831 c for checks. Guilder cables were 34.34 c; Checks. 34.32 c. Swedish kronen cables were 23c; checks. 22.95 c. Marks were 1.55 c. Norway kronen cables were 15.30 r; checks. 15.23 c. Denmark kronen cables were 17.50 c; checks, 17.75 c. NEW TORK CALL MONEY. NEW YORK, June 3.—Money: Call money ruled 7% per cent; high. 7% ppr cent; lew. 7% per cent: time rates steady, all 6%@7 per cent. Time mercantile paper steady. Sterling exchange was steady with business in bankers' bills at $3.87% for demand. MOTOR SECCRIES (By Thomson & McKinnon.) —June 3 —Opening— Bid. Ask. Briscoe 11 12 Chalmers, com 1 1% Packard, com 9% 9% Packard, pfd 69 71 Chevrolet 100 400 Iperlees 27 28 Continental Motors, com fl 6% Continental Motors, pfd 79 81 Hupp, com 12% 12% Hupp. pfd. 92 97 Reo Motor Car 17% IS Elgin Motors 4% 5% Grant Motors 3% 3% Pwd of Canada 235 240 aEcifed Motors 30 00 National Motors 6 9 Tederal Truck 17 19 Paige Motors 15 16 Republic Truck 14 16 ACTIVE OIL STOCKS. (By Thomson A McKinnon.) * —June 3 —Opening— B‘.t A-k Anglo-American Oil 18% 19 Atlantic Lobos in 21 porne-Scrvmser 3o Buckeye Pipe Line 73 81 Chesebrough Mfg Cons.* 185 195 Chesebrough Mfg. Cons. pfd. 99 100 Continental Oil Colorado... 11 l>v Cosden Oil and Gas 6 7 Crescent Pipe Line 27 29 Cumberland Pipe Line 125 ia". Elk Basin Pete 7% 7% Eureka Pipe Line 89 92 Galena Signal Oil, pfd 90 95 Galena-Signal Oil, com 38 40 Illinois Pine Line I=. 1 "< Indiana Pipe Line 79 81 Merritt Oil 9 9% Midwest Oil % Midwest Rfg 141 143 National Transit 26% 27% New York Transit 14k ij.x Northern Pipe Line 90 93 Ohio Oil 27 Tenn.-Mex 24 29 Prairie Oil and Gas 4SO 490 Prairie Pipe Line IK> i t -, Sapulpa Refg 3% 4% snlar Refining 390 405 Southern Pipe Line w ■ : South Penn. Oil 205 215 Southwest Penn Pipe Lines 60 63 Standard Oil Cc. of Cal 74% 76 Standard Oil Cos. of Ind 71% 71% Standard Oil Cos. of Kah 585 660 Standard Oil Cos. of Ky 400 410 Standard Oil Cos. of Neb 150 lfto Standard Oil Cos. of N. Y 319 323 Standard Oil Cos. of Ohio 380 390 Swan A Finch 30 40 vacuum Oil 280 290 yPaahlngton Oil 28 32 NEW YORK CCRB. (By Thomson & McKinnon.) —June 3 - —Closing— Bid. Ask. Curtis Aero com 3 4 Curtis Aero pfd 10 20 ■##xas Chief 8 15 First Nat. Copper % % Goldfield Con 4 6 Havana Tobacco 1 1% Havtna Tobacco pfd 4 6 Cant-al Teresa 2% 4' Jumbo Extension 4 6 Tnternat. Petroleum 15 15% Nlpissing 4% 4% Royal Bak. Powder 113 116 Royal Bak. Powder pfd 80 84 Standard Motors 6 8 Salt Creek Tonopah Extension 1% 1% Xonopah Mining 1% 1 7-16 United P. S. new 1% 1% e? S. Light and Heat 1% 1% V. S. Light and Heat pfd.... 1% 1% Wright Aero 6 8 World Film 1-16 3-16 Yukon Gold Mine Cos 4 6 Jerome ...: % 3-16 N*w Cornelia 14% 16 United Verde 25 2T Sequoyah 3-16 % Omar Oil 1% 2% Rep. Tire 1 % % -'CHICAGO STOCKS. <jk y Thomson & McKinnon) ■ „ f —June 3 r Open. High. Low. Close. Armour Leatb... 12% 12% 12% 12% Armour pfd ... 89% 89% 89 89 Carbide & Car... 46% 46% 46% 46% Libby 8% 8% 7% 8 Moot.-Ward ... 19 National Leath.. 7% 7% 7% 7% Stewart-Warner. 25% 25% 24% 24% Swift A Cos 97 97 96% 95% Swift Internal... 24% 24% 24% 24% Re© Motor* .... 17% ....

Passes Cane Sugar Preferred Dividend NEW YORK, June 3.—ln view of the •unsettled condition of the sugar market, the directors of the Cuba Case Sugar Company today decided to pass the regular quarterly dividend' of 1% per cent on the preferred stock due at this time.

N. Y. Stock Prices

—June 3 Prey. High. Low. Close, close. Adv-Rum. com.. 14% 14 14 Allis-Chalmers.. 34% 31% 33% 32% Allied Chemical. 42% 41% 42 42% Am. Beet Sugar 35 31% 31% 85 Am.BschMag.Co.. 43 42% 42% 43 Am. Car & Pdy.123% 123% 123% 123% Am. Can 29% 29 29% 29% Am. H. AL. com 12 11% 11% 12% Am. H. AL. pfd 53 T>2% 42% 52% Am. Drug 6 6 6 e Am. Inti. Corp. 42% 41% 42 42% Am. Loco 83% 82% 82% 82% Am. Smlt. A Ref. 42% 40% 41% 42% Am. Sug. Ref... 80% 77% 78% 80% Am.Sum.Tob.Oo.. 00% 57 58% 60 Am. Steel Fdy. 29% 29 29% 28% Am. Tel. A Tel. 104% 104% 104% 104% Am. Tobacco.... 125% 124% 124% 125% Am. Woolen 74 72% 73 74 Associated Oil.. 99 99 99 99% Anacon. Min. Cos 40 89 % 39% 39% AtchisoavtyT 81% 80% 80% 81% Atl. G. AW. 1.. 37% 30 36% 37 •Baldwin Loco.. 7$ 76% 77% 80% B. A 0 41% 31 41 41 Beth .Steel (B>.. 55% 55 55% 55% California Pete.. 41% 41 41 41 Canad. Pae. Ry. 112% 112% 112% 112% Central Leather. 37 36% 30% 30% Chandler Motors 62% 01 61 61% C. A 0 68% 57% 58 58% C, M. A St. P.. 25% 28 28% 28 C..M.A St.P.pfd.. 43% 42% 43% 43% C. A N 65% 64% 64% 65% C., R. I. A P.... 34% 33% 83% 33% C.,R.I.AP.6%pfd. 68% 06 06 66% C..R I.AP.TT-pfd. 77% 77 77 79% Chili Copper.... 11% 11 11 11% Chino Copper .. 24% 24 24 Coca Cola 28 27% 27% 28 Colum. Gas ... 58 58 68 58% Columhla. G. 6% 6% 6% 6% Con. Gas 87% 87 87 87 Continental Can 47% 46% 46% 47% Cosden Oil 32% 81% 31% 82 Com Prod 66% 65% 65% 6 Crucible Steel .65 64 65 84% C. Amn. Sugar 19% 18% 18% 19% Cula Cane 8.... 17% 14% 14% 16% C. Cine R. Pfd. 53% 40 42% 63 Dome Mines . 18% 18% 18% 18% Erie 14 13% 13% 14 Erie Ist pfd. ..21 21 21 20% Famous Players 72% 71% 71% 71 F. Rubber C 0... 14 13% 13% 13% Gen. Asphalt . 67% 66% 67 67% Gen. Electric ..135% 134 134 135 Gen. Motors .. 19% 10 10% 10% Goodrich 36 35% 35% 80 Gt. North, pfd. 69% 69 69% 09% G. North. Ore . 27% 27% 27% .... Gulf States S. . 35 35 35 34% H. Oil 67% 65% \65% 69 In. Copper ... 34% 34% 34% 34% Inter. Corp. ... 4% 4 4 4 Invincible Oil .. 16% 14 14 16% Inter. Harvester S7 84 % 85% 87% Inter. Nickel .. 15% 14% 14% 15% Inter. Paper .. 68% 66 66% 60 I. Oil A Trans. 3% 3% 3% 4 Kans. City 5... 27% 27 27 27% K. -Spring. Tire 40% 37% 37% 39% Kenn. Copper . 20% 20 20 20% Lacka. Steel .. 48 45% 45% 49 Lehigh Valley.. 52% 52 52% 52% Lee Tire 28% 27% 27% 27% Loews, Inc. ... 13% 13 13 13% L. A N 104% 101% 104% 101 Marine Com .. 13% 72% 12% 13% Marine, pfd. .. 49% 47% 49 49% Max. M. com.. 4% 4 4 Mex. Petroleum 150 147% 145% 149% Miami Copper. 22% 22% 22% 22% Mid. States Oil 13% 11% 11% 13 Midvale Steel.. 26% 26 26% 27 Mo. Pac. R.v.. 22% 21% 21% 21% Mo. P. Ry. pfd 42% 41% 41% 42 Nat. Enam AS. 53 52% 52% 62% Nat. Lead 70 79 79 N. Y. Cen 69% 69% 69% 99 New Haven.... 19% 18% 19% 18% Nor. A West.. 96% 95% 95% 95% Nor. Pac 72% 71% 71% 71% Ok. PAJtef.Co. 2% 2 2% 2% Pacific 0re.... 34% 83% 34 34% Pan-Am Pet... 95% 63% 64_ 65% Penna. Ry. ... 35 34 % 34% 34* People's Gas... 51% 60% 51% 51 Pierce-Arrow 22% 21% 21% 22% Pierce Oil Cos.. 8% 8 8% 0 Press Btee! Car 81 81 81 Pull. Pal Car.. 101 100 100 101% Pure Ore 30% 30% 80% 31 Rav Copper... 13% 13% 13% 13% Reading 72% 70% 70% 71% Rep. IronA 8.. 58% 54% 66 55 Replogle Steel 25 24% 25% 24 Hoy D. of X. Y. 60 58% 59% 59 Sinclair 22% 22% 22% 23% Rios s-Sheffield .. 38 88 88 88% South. Pac 75% 74% 74% 75% South Rv 21 20% 20% 20% Stand Oil. X. J 144% 144 144% 144 St.LAS F. com. 25% 24% 24% 25 Stromberg Carb. 36% 39% 80% RS Studebaker 73% 70% 71% 72% Tenn. Copper.... 8 8% 8% 8% Texas Cos 35% 35% 35% 35% Texas A Pac... 24% 24 £4. 23% Tob. Products.. 55% 65% 55% 69 Transcont. Oil.. 8% 8% 8% 9% Union Oil 20 T J 20 20 % 21 Union Pac 118% 117% 117% 118% United R. Stores 58% 58 58% 68% U. S. Food Corp. 19% 18% 18% 19% United Fruit Co.loß 109% 107% 107% United Drug.... 91% 87% 89% 01% U. S. Ind. Alcoh 61 60% 60%. 60% U. S. Rubber 66% (-4 64 86% U .8. Steel 80% 79 79% 79% U. R. Steel 108% 108 108% 108 Utnh Copper ... 53% 52 52 53 Vanadium Steel. 30% 30 SO 30% Vlr-Car. Chem.. 30% 29 29 30% Wabash 8% 8 8 8 Wabash Ist pfd. 22% 22 22 22% White Oi! 11% 10% .11 10% Western Union. 88 87% 88 88 West'h’s© Elec.. 46 45 45% 46 White Motors... 37 36 39 87 Willys-Overland 8% 8 8 8% Wilson A C 0.... 38% 38% 38% 35% NEW YORK LIBERTY BONDS, —June 3 Prev. High. Low. Close. Close. L. B. 3%s 87 98 86.70 87.00 86.98 L. B. Ist 4s 87.48 87.40 87 48 L. B. 2d 4s 66 84 L. B. Ist 4%5.... 86 78 86.50 87.60 87 50 L. B. 2d 4% 8... 86 80 86(44 89 70 88.78 L. B. 3d 4%s ... 90 80 90 69 90.70 90.80 L. B. 4th 4%5.. 88.84 89 68 *9 79 89.78 Victory 3%s 98 18 98.08 98.14 98.12 Victory 4%s 98.18 08 08 98.10 08.12 NEW YORK METAL MARKET. NEW YORK, June 3. —Copper—Easy; spot and June offered, 12%c; July offered, 12%®12%c; August offered, 12.37% @12.85c. Lead —Easy: spot, June and July, 4.70*94.95. Spelter—Easy ; spot and June, [email protected]; July, 4.55(514.75c. NEW YORK RAW UrGARS. NEW Y’ORK, June 3.—Raw sugars were also easier today, with Cubas quoted at 4.96a a pound, duty raid, and Porto Ricos at 3.95 c a pound, delivered. NEW YORK REFINED SUGARS. NEW YORK, June B. Refined sugars wer* easier today, with fine granulated quoted at 0.30 c a pound and No. 1 soft at 6.35 c a pound. NEW YORK COFFEE MARKET. NEW YORK, June 3.—Coffee was firm on the market here today, with options opening 12 to 16 points higher. Bio No. 7 on spot sold at 6%<g7c a pound. NEW YORK MOLASSES MARKET. NEW YORK, June 3.—Molasses were weak on the market here today, with open kettle selling at 70c a gallon and black trap at 15c a gallon. NEW YORK HIDE MARKET. NEW YORK, June 3.—Hides were firm today. Native steer hides sold at 13@ 14- a pound and branded steer hides at 12c a pound. NEW YORK WOOL MARKET. NEW YORK, June 3.—W00l was quiet today. The prices of the market of the day before were maintained. NEW YRK TUROPENTINE. NEW YORK, June 3. —Turpentine was weaker today at 91c a gallon. NEW YORK PETROLEUM MARKET. NEW YORK. June 3. —Petroleum was steady today, with Pennsylvania, crude petroleum selling at $3 a barrel. NEW YORK RICE MARKET. NEW YORK, June 3.—Rice was unchanged on the market here today, with domestic selling at 2%@6%e a pound.

HOG VALUES VERY IRREGULAR Steers and Heifers 25 Cents Up —Calves 50 Cents Higher. RANGE OF HOG PRICES. Good Good Good May Mixed. Heavy. Light. 27. $7.85® 800 $7.50@ 7.80 SB.OO 28. 8.000 8.15 7.75® 8.00 8.25® 8.35 31. 8.15 B.oo® 8.10 8.25® 8.40 Juna 1. $8.25 sß.oo® 8.15 18.25® 8.50 2. 8.15 8.00 8.25® 8.35 3. 8.25 8.15® 8.35 8.45 Hog prices very irregular on the local market today. At the opening, when there was a bij£ demand by shippers, prices were 5@15 cents higher, but after the start and when the shippers had supplied a great part of their demand prices began to weaken and steady prices with those of the market of the day before were predicted for the close. . Light hogs brought $8.35<g8.45 at the opening of the market and were about 5 cents lower than that at a late hour in the forenoon. Mixed hogs brought $8.25 a.nd heavies $8.15 at the start. Figs bfeugbt the price of the loads, while roughs gold at $9.50 and down. Mediums and heavies were selling at the same prices maintained at the opening late in the market. Receipts for the day approximated 10.000 hogs, with but few stale hogs left over from the market of the day before. . The bulk of the early sales ranged at $8.15<g:5.35. Trade in cattle took on a better tone, due to a better demand for some grades of cattle and light receipts in those grades. Good steers and heifers brought prices that were 25 cents higher. There were few of these grades of cattle on the market. Cows were barely steady, while canners and cutters were fully steady. Bulls were steady to strong. Receipts for the day totaled between 800 and 9'X) cattle. Veal prices were 50 cents higher, due to a good demand by shippers with eastern bouse connections. The bulk of the choice veals brought slo@lo..>o, there was a good number, of sales at sll. Good calves brought $9.50@10 and mediums, sß@.9. Other grades sold at $6@S. With 350 sheep and lambs on the market prices were steady. HOGS. Best light hogs, 160 to 200 lbs average 8.30@ 8.45 200 to 800 lbs S 15 Over 300 lbs 8> ..... Sows 0 00@) 6.50 Stags 4.75(9! 5.00 Best pigs, under 140 lbs 8 3.V# 8.50 Bulk of sales 8.15® 8.35 CATTLEPrime eornfed steers, 1,000 lbs and up 8.00*3 8.50 Good to choice steers. 1,200 to 1,300 lbs 6.25® 7.50 Good to choice steers, 1,100 to 1,200 lbs 7.00<3 7.50 Medium steera, 1,000 to I,IOC lbs 6AO@ 7.00 Common to medium steclo. 800 to 1,000 lbs 6.00(3 7.00 —Heifers and Cows — Good to choice heifers 7.50® 8.50 Medium heifers fl.OOiJj i.25 Commo nto medium heifers . --"f1.25@ 6.25 Good to choice cows 5.50*3 675 Fair to medium cows 5 00® 5.50 Cutters 2 75@ 3.i3 Canners 2.003 2.50 —Bulls— Good to choice butcher bulls. 5.00® 650 Bologna bulls 4-253 Light to common bulls 4.003 4.70 —Calves— Choice veals [email protected] Good veal 9.50310.00 Medium veais 8.903 9.00 Lightweight veals 7.003 B.UO Common heavyweight veals.. 6.00® 7.00 —Stockers and Feeders — Good to choice steers under 800 lbs ' 7.003 8.00 Medium cows 4.753 5.00 Good cows 5.003 5.50 Good heifers 5.253 625 Medium to good heifers 4.253 5.75 Good milkers 45 00385.00 SHEEP AND LAMBS. Ewes 2.50 Lambs .. [email protected]

Other Livestock

CHICAGO. June 3—Hogs— Receipts, 25.000; market steady to 10c lower; bulk, $7.65®.8: butchers, $7 90®8.10; packers, *[email protected]: lights, $7 85®8; pigs. *7.50® 810; roughs, $6.55®7 10. Cattle —Re celpts, 6.000; marker 25c up; beeves. $7 75 ®9.4: butchers, ss<gS.7s; canners and cutters. $2 25®4 50; Stockers and feeders. $4.75®8: cows, $3 50®7 50; calves. $7.73® 10. Sheep—Receipts. 8.000; market 35c higher; lambs, *9.50® 12.50; ewes, $3.25® 4.75. CLEVELAND, Ohio, June 3—Hogs— Receipts, 2.500; market 10c up: Yorkers, $8.90; mixed, $8.90; mediums, $8 90; pigs, $8.75: roughs, $9.25; stags, $4 25. Cat-tle-Receipts. 250; market steady. Sheep anil Lambs—Receipts. 500: market, strong; top, sl4. Calves—Receipts, 250; market. 50c up; top, sl2. CINCINNATI, June 3.—Hogg—Receipts, 6.800; market steady; heavies, [email protected]; other grades good hogs, $8 50; roughs, $6.75; stags, $4.50. Cattle —Receipts, 800; market slow and weak, some grades 23c lower; bulls weak; calves. $lO. Sheep and lambs—Receipts, 6,000; market steady. PITTSBURGH. June 3.—Cattle—Receipts light; market steady: choice, $8 50 ®9; good. $8 50(59; fair. $8®8.50; veal calves. $10.50. Sheep /and lambs—Receipts light; market slow: prime wethers. $5*55.50; good. $4 30@5; mixed, fair. $3.30(5 4 25; spring lambs. $9.50®10 50. Hogs—Receipts, 13 double decks; market higher; prime heavies, $8.25; mediums. $8 85®9; heavy yorkers. *8 85®9; light yorkers. SB.SS®9; pigs. $8.85®9; roughs, $6®0.50 : stags, $4.50®5. EAST ST. LOUIS, June 3.—Cattle—Receipts, 1.100; market steady; native beef steers, $8®8.50; yearling beef steers and heifers, $7.73®8.60; enws, $5.25@6; Stockers and feeders, s4®6; calves, $9®9.50; canners aud cutters. $2®3.75. Hogs— Receipts. 13.000; market steady on pigs and lights. s@loc off on others; mixed and butchers. $7.75®8.95; good heavies, $0.75®7.85: rough heavies. $5.50®0.75; lights. $8 10®8.25; pigs. [email protected]; bulk of sales, $7.75®8. Sheep—Receipts, 3.200; market steady; ewes, $4 50®5; lambs, $8 ®9; canners and cutters. 75cffi$2. EAST BUFFALO, Juno 3.—Cattle—Receipts, 250: market, fairly active; shipping steers, [email protected]; butcher grades, $7.75® 825 : cows, $2®6.25. Calves—Receipts, 2,000; market, active, steady; culls, choice, $4.80®11.50. Sheep and lambs—Receipts, 2.000; market, active, steady; choice lambs, sl4® 14 50: culls, fair, $9.50® 13: vear’ings, s3® 1150; sheep. $t.73®5.25. Hogs—Receipts. 4.800; market, active - Yorkers. $8 [email protected]; pigs, [email protected]; mixed, $8®8.40; heayies. $6®0.50; roughs, s4® 5. CHICAGO PRODUCE. CHICAGO, June 3.—Butter—Receipts, 10,023 ttibs; creamery extra, 23®28c; firsts, 17@22c; packing stock, 14@15c. Eggs—Receipts, 11,967 cases; current receipts, 20®21c; ordinary firsts, 18@19c; firsts, 21%@21%c; extras. 24c; checks, 17%c; dirties. 18c. Cheese—Twins (newi, 14@Y4%e; dairies, 14®14%c; Y/iiing Americas. 1-1 %®l4%c; longhorns, 14%®14%c; brick, 14@14%e. Live poultry—Turkeys, 30c; chickens, 26c; roosters, 149; geese, 15@26c; ducks, 25@30r. Potatoes—Receipts, 69 cars; old northern white, 75@ 85e perbu; new Texas, $4215 per bbl; South Carolina, $5 per bbl. INDIANAPOLIS PRODUCE. Eggs —Fresh, loss off. 18c. Poultry— Fowls. 16®20c; springers, 1% to 2 lbs, 30®35c; cocks, 10c; old tom turkeys, 25c; young hen turkeys, JOc; cull, thin turkeys not wanted: young tom turkeys, 30c; ducks, under 4 lbs. 15c; geese, 10 lbs and up. lie: squabs. 14 lbe to dozen, $4.50; guineas. 9-’b size, per doz. $2 Butter—Buyers are paying 30@31e per lb for creamery butter, delivery in Indianapolis. Bntterfat—Buyers are paring 25c per lb for bntterfat, delivered in Indianapolis. CLEVELAND PRODUCE. CLEVELAND, Ohio, June 3.—Butter— Extras in tubs, 35®35%c; prints, 36® 36%c; extra firsts 34®34%e; firsts. 33® 33%c; seconds, 20%@26c; fancy dairy, 15%®23%c; packing stock, 12@15e, Eggs—Fresh gathered, northern extra. 27%c; extra firsts, 26%c; Ohio firsts, new cases, 24c; old eases, 24 %c; western firsts, new cases, 23c. Poultry—Live f' *' - 20®24e; roosters, 15c; broilers, 85®40e.

INDIANA DAILY TIMES, FRIDAY, JUNE 3,1921.

Local Stock Exchange

STOCKS. —.Tune 3 Ind. Ry. A Light com 55 Ind. Ry. & Light pfd 70 60 Indpls. A Nw. pfd 75 Indpls. & Southeastern pfd 75 Indpls. St. Ky 40 50 T. H. Trac. A Light pfd 69 T. H. Indpls. A Eastern com. 1 ... T. H. Indpls A Eastern pfd. 8 Union Trac. of Ind. com Union Trac. of Ind. Ist pfd 7 Union Trac. of Ind. 2d pfd 2 Advance-Humley com Advance-Rumley pd American Central Life 235 Am. Creosotlng pfd 91 Belt R. R. com 54 Belt R. R. pfd - 44% 50 Ceutury Bldg. Cos. pfd 93 Cities Service Cos. pfd 63% 66 Cities Service Cos. pfd - Citizens Gas Cos 27 30% Dodge-Mfg. Cos. pfd 87% ... Home Brewing 45 Indiana Hotel com 63 Indiana Hotel pfd 90 Ind. Nat. Life Ins. Cos 3% ... Indiana Title Guaranty 59 65 Ind. Pipe Line Cos 78 63 Indpls. Abattoir pfd 40 50 Indpls. Gas \.. 42% 48 Indpls. Tel. Cos. com 2 Indpls. Tei. Cos., pfd 90 Mer. Pub. Util, pfd 41 Nat Motor Car Cos 5 9 Public Savings Ins. Cos 3 Rauh Fertilizer pfd 43 Standard Oil Cos. of Ind 71% 75 Sterling I-'ire Ins. Cos 8 9 Van Camp Pack pfd Van Camp Prod. Ist pfd 100 Van Camp Prod. 2d pfd 100 Vandalia Coal Cos. pfd 3% 6% Vandalia Coal com 3% Wabash Ry. Cos. pfd 21% ... Wabash Ry. Cos. com BONDS. Broad Ripple 5s 60 ... Citizens St. Ry. 5s 69% 75 Indiana Coke A Gas 6s 100 Indian Creek Coal A Min.6s. ... 100 Indpls., Col. A So. 5s 88 Indpls. A Martinsville 5s 54 Indpls. North. 5s 42% 47 Indpis. A N. W. 55.......... 52% 55 Indpls. S. A E. 5s 45 ludpis.. S. A S. 5s 55 ... Indpls. ft. Ry. 4s 57% _ 61 Indpls. Trac. A Ter. 5s 71 Kokomo, Marion A West, 55.. 74 77 T. H., 1 S. E. 5s 46 Union Tree, of Ind. 5s 52 66 Citizens Gas 5s 72 78 Ind Hotel Cos. 2d 6s 93 Indpls. Gas 5s 72 79 Indpls. Light A Heat 55.... 75 80 Indpls. Water 4%s 67 72 Indpls. Water 86 91 Merchants Heat & L. ref. 5s 87 94 New Telephone Ist 6s 94 New Telephone 2d 5s 93% ... Southern Ind. Power 6 100 LIBERTY BONDS. Liberty, first 3%s 86.50 Liberty, first 4s 87.20 Liberty, second 4s Liberty, first 4%* 87.50 Liberty, second 4%s 80.54 87.00 Liberty, third 4%s 90.50 Liberty, fourth 4%s 86.72 87.00 Victory, 3%s 97.90 Victory, 4%s 67.90

On Comnt&sion Row

TODAY’S PRICES. Apples—Fancy, all grades, per bbL, $4.5036.50. Asparagus—Fancy home grown, per doz., 50c; large bunches, per bch.. 50c. Bananas —Extra fancy high grade fruit, 50c to 60c per bunch, par lb,. B%c. Be<..'s—Michigan navy. In bags, per lb., 4%@5c; Colorado Pintos, in bags, per lb., 7®7%c; California llmas, in bags, par lb, 7%38c; red kidneys. In bags, per lb., 12313 c; California pink chill, in bags, per lb., 738 c. Beans—Fancy green, per hamper, $3 30. Beets —Fancy new, per do*, bcha., 75c Cabbage—Fancy new, per 80-lb. crate $3 50; less than crate, per lb., oc. Carrots —Fancy, home grown, per hpr., $1.50. Grapefruit—Extra fancy Florida*, all brands, per box, $5 5036.50. Green Onions—Home grown, per do*. 12%o; large bunches, 35c. Kale—Fancy, hoina-growo, per bbl., $2.30. Lemons —Extra fancy California*. 300* to 300s, per box. SIO.OO. Lettuce —Fancy hothouse leaf, per lb., 12c; fancy hothouse leaf, in barrel lots, per lb., t 0... fancy California iceburgs. per orate. *5 50 New Potatoes—Fancy Triumphs, per 100-lb sack. $3.50; 5 or 19-bag lota, 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 7536.00. Peas—Fancy Mississippi, per hamper. $3 Pieplant—Outdoor, per do*., 35c. Pineapples—Fancy Cuban, per box, $4.5031.00. Radishes —Long red, per doz , 20c; button home-grown, per dux., 20c. Sp*acb—Fancy, per bbl., $2.50. Strawberries Fancy Tennessee, per 24-qt. crates. $5.06. Sweet Potatoes—Fancy Eastern Jersey, per hamper, $2.50. Tomatoes—Fancy ripe. 6-basket crate, per crate. $6.50.

Weather

The following table shows the state of the weather at 7 a. m , June 8, as observed by United States Weather Bureaus : Station. Bar. Temp. Weath*. Indianapolis, Ind... 30.03 74 Cloudy Atlanta. Ga 30.08 68 Cloudy Amarillo, Tex 30.08 00 Cloudy Bltmarck, N. D 30.46 49 Clear Boston, Maes 30.10 62 PtCldy Chicago, 111 30.00 68 PtCldy Cincinnati, 0hi0.... 80 02 74 Clear Cleveland, Ohio 30.00 74 PtCldy Denver, Colo 30.09 54 PtCldy Dodge City, Kan... 30.08 94 Cloudy Helena. Mont 30.18 48 Cloudy Jacksonville, Fla... 29.98 70 Clear Kansas City M 0... 30 12 64 Cloudy Louisville, Ky 30.00 70 Clear Little Rock, Ark... 30.00 74 Clear Los Angeles, Cal... 29.89 58 Cloudy Mobile, Ala 29.90 78 PtCldy New Orleans, La... 29.92 80 PtCldy New York. N. Y... 30.18 58 Clear Norfolk. Va 30.18 68 Cloudy Oklahoma City 30.04 04 Cloudy Omaha, Neb 30.24 58 Cloudy Philadelphia, Pa... 30.20 90 Clear Pittsburgh, Pa 30.00 70 Clear Portland, Ore 20.86 60 Cloudy Rapid City, S. D... 30.34 50 Cloudy Roseburg, Ore 29.88 58 C'loudj San Antonio, Tex... 29.92 72 Clear San Francisco, Cal. 29.90 54 Cloudy St. Louis. Mo 30.06 72 PtCldy Stl Paul. Minn 80.28 59 Clear l.irnpa, Fla 29.92 78 Clear Washington; D. C.. 30.18 02 Clear WEATHER CONDITIONS. Since Thursday morning showers and thunder storms have occurred chiefly in a belt from the Lake Region southwestward to the lower Plains section, and thence northwestward along tbe eastern slope of the Rockies to Montana. It Is a little warmer from the Lakes Region southward over the Ohio Valley, but somewhat cooler generally in practically the entire region between the Mississippi Valley and the Rocky Mountains, whiti frosts occurred last night at a few points in North Dakota and In Saskatchewan and Manitoba. CORN AND WHEAT BULLETIN. For the twenty-four hours ending at 7 a. m . 90th meridian time, Friday, Jun© 3, 1021: Temperature. g ) • ■■ 1 ■ 1 _ 75 Sfatlonr of p. j“ cf ®• ludianapolii _= _ S District. S'g g= g M& J J £.5.0 Bgs South Bend 89 1061 007 Good ’ Angola 85 !02 003 Good Ft. Wayne 90 06 018 Wheacfield 90 04 0.15 Good Royal Cfeiiter 190 62 0.04 Good Marlon 92 67 0.29 Good Lafayette 92 98 0.09 Good Farmland 94 68 0.04 Good Indianapolis 91 72 0.03 Good Cambridge City.j 94 05 0 Good Ter e Haute 94 70 0 Fair Bio. ington 92 Z\ 0.03 Good Columbus 95 : 67 0 Good Vln< tunes 100 71 0 Good Paoll . . 91 j 67 0 Good Evansville 90 ! 74 0 J. H. Meteorologist. Weather Bureau.

GRAIN PRICES SUFFER DECLINES Reactions Set in After Week of Rapid Advances. CHICAGO, June 3.—Grain prices . ... leact.oii touay, following the rapid advance made during the early part of the week. Provisions were irregular at the close. July wheat ope ied up lc at $1.41% and was off 4%e at ,tte close. July/ corn, after opening down %c at 67c, wss l%c lower'at the close. September corn opened up %c at 68%c and closed down l%c. July oats opened up %c at 42%c and was down lc "before the close. September oats opened up %c at 43%c and dropped l%c at the close. v (By Thomson A McKinon) —June 3 Wheat—There being no confirmation of the extreme estimates of export business done yesterday and there being cool temperatures and liberal moisture, both of which fatfor filling of wheat, market has encountered considerable profit taking. Seaboard again reports export demand slow and some cables claim that Italy has filled her requirements for this year and will not need to exceed forty million for coming year as against 110, 000,000 the present year, none-the-less, there has been buying on the decline by bouses connected with the export trade. There seems to be a betterment in the milling situation, cash wheat being in demand here with premiums 1 to 3 cents higher. Millers were again buyers of the deferred deliveries in northwest markets. There have been more reports of selling new crop by the producer, but these advices are not general. It is not probable that the foreign demand will flatten out completely, although it may be true that buyers will refuse to follow advances from this point We do not anticipate the appearance of actual weakness until such time as sates by the country fill up present holdings by exporters. Corn and Oats—Eastern advices mention an Argentine corn purplus of 160,000,000 and suggest that this surplus will turn the foreign demand away from the United States. This may. be true in future, but it is not the condition at moment as seaboard exporters were in today's market here. A large portion of the dally receipts ia not on the market for sale. Asa consequence cash prices are relatively strong, the No. 2 grades now selling at July price. We see no reason to expect lower prices for either corn or oats, so long as wnt-at remains around the present level and feel that as time passes there will be broadening of Interest and demand In both corn and oats. Provisions—Action of corn had something to do with lower prices, although neglect and lack of interest were more apparent.

CHICAGO GRAIN. —June 3 WHEAT — Open. High. Low. Close. July 1.41% 1.41% 1.36% 1.37% CORN— July 07 67 65% 65% Sept 68% 68% 66% 67 OATS— July 41% 42% 40% 41% Sept 43% 43% 42% 42% PORK—•JuIy... 17.10 LARD— Ju1y..... 9.92 9 62 9.50 9 57 Sent 9.97 9.61 3.82 9.90 RIBS—•JuIy.... 9.97 977 Sept 9.95 10.05 9.95 10.05 RYE— July 1.31 1.34 1.30% 130% Sept 1.12% 1.15 1.12% 1.12% •Nominal. CHICAGO CASH GRAIN. CHICAGO. June 3.—Wheat—No. 2 red. $1.61; No. 3 red, $1.60; No. 1 hard winttT, $1.96%31.68%; No. 1 northern spring $1.6%; N'o. 2 northern spring, $1.0%. Corn—No. 2 mixed, 95%366c; No. 2 white, 99306%e; No. 1 yellow. 65%36f1%c; No. 3 mixed, C5%395%c: No 2 yellow, 65c: No. 0 mixed, 60c. Oats—No. 2 white, 40% @4l%c; No. 3 white, 40(q,40%c. TOLEDO CASH GRAIN. TOLEDO, June 3.—Wheat—Cash, sl6s; July, $1.42%. Corn —Cash, 65®99c. Oats— Cash, 62@43c Rye—Cas , $1.54. Bar : ey. 72c. Cloverseed—Cash. M 5.75: October. $10.65 bid. December, $lO 55 bid; Alsike —August. *11.50; October. $ll.OO Timothey—l9lß cash, $3 00; 1919 cash, s3<; 192f cash. $3.10; ber $3.32%. PRIMARY MARKETS. (By Thomson A McKinnon.) —June 3 Wheat. Corn. Oats. Chicago 107,000 992,000 416,000 Milwaukee .. 4.000 68,000 49,0X1 Minneapolis... 320,000 54,000 79.000 Duluth 117.000 9.000 St. Louis 129,..100 113,000 118,(XX) Toledo 4.000 20,(XX) 23.000 Detroit .... 8.000 4,000 8,000 Kansas City.. 289,000 55,000 19,000 Peoria 85000 71,000 32.(00 Omaha 49.000 102.000 44,000 Indianapolis.. 3,000 55,000 60.000 Total 1,033,000 1,633,000 848,000 Year ago... 599.000 050,000 410,(XX) —Shipments— Wheat. Corn. Oats. Chicago 21,000 1,148,800 552.<XK) Milwaukee.... 3.000 . 2,000 Minneapolis... 210,000 22,000 31,000 Duluth 98.1XX1 St. L0ui5...... 44,000 74,000 24.000 Toledo 13,000 4,000 B,(XX) Detroit 8,000 Kansas City.. 251,000 45.000 2,000 Peoria 2,000 39,000 7.000 Omaha 121,00 94,000 16,000 Indianapolis... 1,000 21,000 22.000 Tojals 770,000 1,450,000 664,000 Year ago.. .1,333,(XX) 363.000 535,000 —Clearances— Dora. W. Corn. Oata. New York 7*2 000 Philadelphia 74,000 Baltimore ... 24,0(0 New Orienna. 322,000 Totals 392,000 Year ago... 141,000 INDIANAPOLIS CASn GRAIN. —June 3 Bids for car lots of grain nnd hay at the call of the Indianapolis Board of Trade were; Wheat—Firm; No. 2 red, $1 05@1 06. Corn—Easier; No. 2 white, 65@66c: No. 3 white, 64<§05c; No. 4 white, 6S(§o4c; No. 2 yellow, 64(g65c; No. 4. yellow, 63® 64c; No. 4 yellow, 62@63c j No. 3 mixed. 63@04c. Oats—Easier; No. 2 white, 40%@41%c; No. 3 white. 40@41%c. Hay—Steady; No. 1 timothy, $18.50@19; No. 2 timothy. slß® 18.50; No. 1 lightdover mixed, $17.50@18; No. 1 clover hay, sl6® 17. —lnspections No. 1 red, 1 ear; No. 2 red, 7 cars; sample, 1 car; total, 9 cars. Corn—No. 1 white, 2 cars; No. 2 white, 26 cars: No. 3 white. 4 cars; No. 4 white. 1 car; No. 5 white, 1 car; cample white. 1 car; No. 1 yellow, 4 cars; No. 2 yellow, 15 cars; No, 3 yellow, 2 cars; No. 6 yellow, 3 cars; sample yellow, 7 car: No, 1 mixed, 1 car; No. 2 mixed, 4 cars; total, 65 cars. Oats—No. 1 white. 9 cars; No, 2 white, 24 ears; No. 3 white, 2 cars; No. 2 mixed, 1 car; total. 30 cars. Rye—No. 1, 1 car. Hay—No. 1 timothy, 2 cars; No. 1 light clover mixed, 1 car: No. 1 clover mixed, 2 cars; total, 5 cars. Straw—No. 1 wheat, 1 car. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying $1,35 a bushel for No. 1 red winter wheat, $1,32 for No. 2 red winter wheat, and $1.29 for No. 3 red winter wheat. WHOLESALE FEED PRICES. Ton Cwt. Acme Bran $27.00 $1,40 Acme Feed 28.00 1.45 Acme Mtdds -. 30.00 1.55 Acme Dairy Feed 37.50 1.90 E-Z Dairy Feed 30.50 1.55 Acme H. & M 33.50 1.70 Acme Stock Feed 26 00 1.33 Cracked Corn 32.25 1.65 Acme Chick Feed 41.50 2.10 Acme Scratch 38.50 1.93 E-Z-Scratch 36.25 1.85 Acme Dry Wash 40.00 2.06 Acme Hog Feed 39.00 2.00 Homlick Yellow 27.00 1.40 Rolled Barley 39.00 2.00 Alfalfa Mol 36.00 1.85 Cottonseed Meal 38.00 1.95 Linseed Oil Meal 42.00 2.15 Chick Mash 44.00 2.25 FLOUR AND MEAL. E-Z-Bake bakers flour in 68-lb. cotton bags, $9.35. Corn Meal In 100-lb. cotton bags, $1.95.

STRANGE FEAT PERFORMED BY NEW INVENTION Written Messages Carried Without Wire or Cable 4,000 Miles. METHOD CF OPERATION By FREDERIC J. HAS KIN. WASHINGTON, D. C.—A written message transmitted 4,000 miles instantaneously without wife or cable is the latest feat of wireless telegraphy. This wireless v. riting machine, which will make it possible for a man in the wilds of Alaska to capture the news of the world iu written form by merely setting a trap for it, so to speak, and by which an explorer might locate his position on the face of the earth by wireless within thirty-three feet of exact, is the invention of two Government scientists working in the Bureau of Standards. Another Government department, the C° a:J f and Geodetic Survey, expects to save by the use of it this summer, three times a* much as It cost to perfect the invention and make two of the machines. The whole achievement Is one more illustration of the value of scientific research by the Government departments, which gets such scanty support. The machine itself, a simple looking affair which weighs about twenty-five pounds, exclusive of the two storage batteries and the metal chronograph drum, is the result of* research work by Dr. E. A. Eckhardt and Dr. J. C. Karcher. Small In size, light in weight and easy to operate, it offers a solution to many of the vexing problems now existing in radio operation. For example, under the present system of listening for the dots and dashes with a telephone receiver, two, three or more Bonding stations may, by sending signals out simultaneously, mix their messages in the ether, and “Jam the atr.” The man at the receiving end, listening for one particular message, must adjust his apparatus to “tune" tg a wave length as nearly as possible equal to that of the sender whom he wishes to catch. The other senders seriously Interfere and often cause the receiver to lose or garble parts of the message. This new invention goes long way toyrard eliminating that difficulty. The machine was designed to meet the need of an autographic wireless time recording apparatus to obviate the expensive stringing of wires to places remote from telegraph lines and to eliminate the lag due to reception by ear, and recording of a signal by hand. METHOD OF RECORDING MESSAGE. Tb" recording is done roughly in the fcßowing manner, according to the semitechnical explanation of the inventors. Adjustment ls made on a condenser for the particular wave length desired to be caught. As the signals sent out are gathered in by the antenna, which can be strung on any light poles reaching about forty feet above the ground, oscillations are started in a local circuit, through an "electron tube." This local circuit derives Its power from an ordinary storage battery such as those used in self-starters for automobiles. The starting of these oscillation* releases enough direct current energy from the batteries to operate a small relay, or magnet set In some respects like the magnets in sn ordinary electric doorbell. but capable of more delicate adjustment. This relay, or magnet set. makes and breaks power In another circuit derived from a second storage battery. This second circuit operates another magnet set, to which the stylus is attached. The stylus in the present apparatus is an ordinary fountain pen. It is in contact with a revolving drum which has a sheet of paper placed on it. The dots and dashes are recorded as humps in the otherwise straight line Short humps indicate dots, and long ones dashes. The action can be readily likened to that of a machine gun which must be cocked each time before It is fired, which action takes place automatically and rapidly. The first circuit fires the gun and pushes back the hammer ready to fire again, so to speak. As long as the circuit stays closed the "hammer" stays back. But when the circuit is broken, corresponding to pressing tbe trigger, then the secondary circuit is closed and the hammer or stylus goes on its way to make a mark. The action of the mechanism is very much more selective than the receiving action now in use. It absolutely elimi nates any chance of the message being garbled by wave lengths even closely approximating those which it wishes to gather and record. MACHINE MAKES PERMANENT RECORD. The record thus made on paper is permanent, and the message can be deciphered at leisure. In a recent test, signals sent out from Lyons, France, 4,000 miles away, were caught In tbe heart of the residential district of Washington and transferred to a record which even a person unskilled in the Morse code could readily translate. The machine, that morning had been in the Bureau of Standards a few miles away. In the afternoon it was Installed downtown, the antennae were run up on light poles, and the message caught in the drawing room of the house. With this machine it is possible to record simultaneously, with the same pen, tbe second of local time, as furnished by the local standard chronometer, and compare them with the standard time as sent out by wireless from observatories, without any errors Incident to "lag” of (he Instruments. In this way the latitude of a spot fat away from cables or wires and out ot touch with the world, can be determined to within two-hundredths of a second ol

In the Cotton Market

NEW' YORK, June 3.—There was only a small trade at the opening of the cotton market today. First prices were 1 point lower to 3 points higher. Subsequently, dealings were a little more active, accompanied by a decline of 5 points under last night's close, due to offerings by commission’ and wire concerns. New Orleans and Japanese Interests bought. New York opening cotton: July. 12 80c; October, 13.44; December. 18 89c; January, 13.95 c; March. 14.19 c; May, [email protected]. The market closed steady at a net gain of 10 to 14 points today. LIVERPOOL. June 3.—There was a limited demand for spot cotton at the beginning of business here today. Prices were steady and sales close to .3,900 bales. American middlings fair 10.47d; good middlings, 8.57d; full middlings, 8J24; middling*-, 7.47d; low middlings, 6.47d; good ordinary, 5.22d- ordinary, 4.47d. Futures opened quiet. HAY MARKET. The following are the Indianapolis prices for bay by the wagon load; Hay —Loose timothy, new, $18@19; mixed hay, new, $18®17; baled, $16@17. Oats —Bushel, new, 35@38c. Corn —New. 00@65c per bushel WHOLESALE BEEF PRICES. The folowing are today's wholesale prices for beef cuts as sold on the Indianapolis markets: f Ribs—No. 2,22 c; No.'3, 20c. loins— No. 2,25 c; No. 3,20 c. Rounds—No. 2, 20c: No. 3, 180 Chucks—No. 2,10 c; No. 3, Bc. Plates—No. 2,7 c; No. S, 4c.

time, or about thirty-three feet, on the earth's surface. This makes the invention extremely valuable to geographers and astronomers and surveyors. A machine designed to perform much the same functions has been turned out in France, hut its complexity and nonportability, together with its high cost and irregular action, prevented It from being more than a laboratory experiment. German scientists tried to work out the problem during the last eight years, but it remained unsolved In any satisfactory way until our own Government scientists got on the Job. The new Instrument will possibly play an Important part In the lives of many people living in isolated sections of the conntry. For example, a trading post in Alaska, apart from civilization, lacking all news of “doings back home” may be able to buy one of the machines, when they get the manufacturing perfected, toi about SSOO. The instrument could be set up and turned by a layman, in accordance With marks Indicating sending stations which could be placed on the head of the condenser. By setting the machine for these certain wave lengths, everything which that station sent out would be recorded, and the paper drum would mark off all the news of the day, as It was flashed from Washington, Paris, London or Moscow. The record could then be deciphered at leisure. Prices of farm products In cities could be collected each afternoon and sent out by radio under the supervision of the Department of Agriculture. Newspaper offices will be able to catch radiograms direct from distant lands, transcribe the accurate record and give you even more rapid service than under present conditions. Warships, equipped with the recorder, would avoid errors In the receiving of messages which are now possible. Should an admiral of the fleet wish to send radiograms to the various ships, the commanders will have a record of what was sent which can be filed away and brought up In connection with the orders should any slip occur. The responsibility now placed on the hearing of one or more fnen, on the receiving end, would be eliminated. Merchant ships, by having the recorder placed beside the ship's chrometer, would have an automatic check on their timepiece every day when signals are sent out from observatories. The Invention will mean much to ships lost or In distress. Even If the wireless man on board got seasick or died, the ship would be able to receive information, by having certain marks on the condenser head showing where to turn to listen for powerful sending stations. Even a layman could turn a knob until the arrow pointed to Annapolis, Paris, or London, and the record would be taken down in black and white, to be read or deciphered at any chosen time.

‘BLACK LIGHT IS TESTED BY SIGNAL CORPS Invisible Rays Form New Contribution to Science of Warfare. RADIO MEN INVESTIGATE WASHINGTON, June 3. —An important contribution to the of warfare is expected to result from experiments with “black light,” or invisible light rays, now being conducted by War ".Department experts, it was learned recently. Maj. Gen. George O. Squier, chief signal officer of the Army, and radio expert of interntaional repute, for months has been giving attention to the subject, and the experiments he has conducted thus far have proved almost uniformly successful. “Black light," the general explained. In the name that has been given to light rays of greater wave length than those at the red end of the spectrum, or of lesser length than those at the violet end. The construction of the eye is such that these rays make no impression on the optic nerve, and they are therefore invisible under ordinary conditions. Nevertheless, they are generated by every candle, lamp, or other source of light, and scientists have devised unquestionable methods of determining presence. SIGNALLING APPARATUS. The experiments thus far conducted with these rays by the array. General Squier stated, have dealt primarily with tbe problem of devising suitable apparatus for utilizing them In signalling, but their possibilities are by no means limited to signalling alone. While much of the detail work remains to be done, the soundness of the principle is believed to have been demonstrated beyond a doubt, and further practical applications are merely a question of time. The “black light" signalling system as now conceived may be likened to the ordinary heliograph used in the army, except that invisible light rays are used instead of the flash of sunlight, as projected by mirrors. The advantage In time of war of the invisible system, practically incapable of Interception, over the heliograph, is obvious. A further advantage lies in the fact that unlike the heliograph the “black light” rays can be generated artificially and therefore are not subject to weather conditions. The idea that monochromatic light consists of a succession of simple harmonic vibrations in the ether, and that the sen. satton of color depends on the frequency of those vibrations is believed to have been originated by Dr. Tohmas Young early in the nineteenth century. Young and Fresnel were able to determine wave lengths ranging from .000076 cm. nt the red end of the spectrum to .000039 cm. at the extreme violet end and, by means of a formula, calculated the number of vibrations per second. INFRA-RED AND CI.TRA-VIOLET RAGS. They were apparently convinced of the existence of Invisible rays not Included in the spectrum, but made little progress In their studies of those phenomena. Later investigators showed conclusively that the infra-red rays as well as the ultra-violet rays sre of the same physical nature ns the luminous rays, differing from them only by the greater or smaller length of the w-ave. The experiments conducted by War Department scientists have had to do chiefly with the development of the most efficient means of generating “black light," the perfection of a device for projecting or transmitting those rays to great distance, and the construct on of a suitable receiving apparatus for registering the signals. Like the Roentgen, or X-rays, the "black light” rays have the property of penetrating substances impervious to ordinary light rays, thus permitting theii separation from the luminous rays. General Squier became interested In "black light” through his studies 0/ radio telegraphy, a branch of science in which he i san acknowledged authority About a year ago he startled the scientific world by his announcement of the successful completion of his invention oi the so-called "wired wireless” system, which permits of the use of uninsulated ocean cables. FRIENDLY INSECTS. Q. Are all insects found on plants injurious to them? M. T. A. There are many friendly insects, such as ground beetles, lace-wing flies, tachina flies, syrphus flies and lady bird beetles. A ladybird beetle has been known to eat as many as eighty plant lice In a day.

ISLANDS BUILT BY VOLCANOES, NATURE’S WHIM rStudy in Dynamic Geology of Hawaiian Islands Inspires Awe. WASHINGTON. D. C.—A plan has been projected In Hawaii to bore a hole through the side of one of the active volcanic craters there for the double purpose of studying their structure and of utilizing, if possible, the heat widen emerges from them, according to Dr. W. H. Sherzer, a geologist of the Michigan State Normal College, who has Just returned to Hawaii Dr. Sherzer spent some months in a study of the Hawaiian volcanoes. He is a specialist in dynamta geology, having made a study some years ago of tbe Canadian glaciers for tb* Smithsonian Institution. The United States Weather Bureau maintains a station known as the Volcano Observatory on Hawaii, in charge of Dr. F. J. Jaggar, and he is at the head of the movement to bore a hole into one of the craters. It is assumed that some sort of boring and piping apparatus, similar to that used in boring for oil could do the work. Should it be found practicable to penetrate into the central core of hot lava and pipe the heat te> the surface, an enormous natural sonr<?e of pow it would be tapped. The great Hawaiian volcanoes, which are now in a national park, protected by the United States Government, are the subjects of much scientific speculation. But it Is agreed, according to Dr Sherzer that the volcanoes built the whole string of the Hawaiian Islands, beginning with those farthest to the northwest and moving to the southeast. Hawaii is the southeasternmost island, and is still in course of construction, tb© volcanoes still being active; The accepted theory is that a g fissure, exists in the floor of the sea, reaching down through the earth's crust to the molten mass within. The crust of the earth is variously estimated to be from ten to seventy-five miles thick, the estimates being based upon the length of time it takes earthquake vibrations to pass through it. HOW ISLANDS WERE BUILT. It is believed that the molten basaltic rock, which forms the bulk of the earth, began buboling up at the northwestern end of the islands and continued to d© so until it had wholly or partly blocked the fissure at that point, when It broke out farther to the southeast. This process was repeated until the whoie string of islands had been built one by one, from the floor of the sea to an altitude of 14,000 feet above the level of its surface. This work Is still going on in Hawaii and all of it has been done in comparatively recent geologic time, so that these islands must be regarded as a very recent addition to the face of the earth. Because of their recent origin, the islands failed to share in the animal life of the rest of the world. Indeed, it Is a matter for speculation how even plant life originated there, but it is assumed that floating material carried the first seeds. Birds reached the Islands by flying, of course, but a rat and lizard, both of which arrived probably by native boats, were the only animals found there when the white men arrived. Pigs, goats and deer were subsequently Introduced. The volcanoes, which are a puzzle to the modern man of science, inspire the greatest awe in the natives, and Dr. Sherzer reports that they still believe firmly In Pele, the Goddess of Fire, who lives in the crater of Kilauea. Not long ago. he says, a native girl dreamed that unless human sacrifices were made to ■Pele. the goddess would Inflict some great catastrophe upon the island. Thereupon a party of natives was organized and set out for the crater to throw one of their number into the great cauldron of boiling lava. The police heard of the expedition and Pele was robbed of her victim. Dr. Sherzer says that he himself has seen the natives come and make minor sacrifices to the goddess of eternal fire. Hawaii has suffered very little from its volcanoes, considering that it is a small island and contains Mauna Loa. which is the largest active volcano in the world. Mauna Loa erupts every seven or eight years, the eruption usually taking the form of a stream of molten lava which breaks out through the side* of the mountain. As the region is thinly populated and the 'lava moves slowly, there is usually plenty of time for everybody to get out of the’way. In 191# there was a small flow of lava which entered the sea. Far from fleeing this eruption. the population of the islash dashed to the spot in automobiles to see the sight of a river of molten tock flowing into the ocean. Mauna Loa has been known to erupt explosively, throwing into the air quantities of ash, scoria oi 1 cinders, and great blocks of cold lava. The last eruption of this nature took piace in 1823 and is remembered chiefly for the fact that Admiral Bryon of the British Navy, the brother of Lord Byron, the poet, was on the island at the time. The eruption was a very small one. The last serious explosive eruption was in 1789 or 1790. the exact date being uncertain. At the time two native princes were warring for the domination of the island, and one of the armies was encamped on the slope of Mauna Loa. This army was wiped out by the eruption, the only survivor being a pig, and the victory was thus given to the other side. The natives all eorsidered that the gods had Intervened in their affairs. Hawaii has earthquakes almost every day, but they are so slight f( r the most part that they are not felt by humans, but merely recorded through Instruments. There have been no serious earthquakes since 1868, at which time a destructive landslide was caused by one. Whether the Hawaiian volcanoes are piped and made to turn dynamos or not, they will always serve the great purpose of making man feel the precariousness of his existence. The awestruck natives made them the homes of dangerous gods and goddesses, and threw living sacrifices into them. Modern science rejects all of this as superstition, but it shows that man is living on this skin of rock and earth abont a great core of molten mineral. The shell is thinner In proportion than the shell of an egg, and almost as brittle. It often trembles and occasionally cracks from the writhing and babbling of the great mass of molten rock within it. Here and there the shell is worn thin and the liquid fire comes spurting out. Man is a microbe crawling on the outside of this thin and tremulous vessel. Society Girl to Tour ' Europe by Plane LOS ANGELES, June 3.—Miss Cornelia B. McLaughlin, a New York society girl, believes such methods of touring Europe as trains and steamships are a bit old-fashioned. Also, that they do not furnish the thrills that one expects from a super-civilization. So Miss McLaughlin came to Southern California recently, learned how to fly an airplane, secured a pilot's license from the Aero Club of America and plans to make an atr tour of France and Italy this summer. Emery H. Rogers, the aviator who gave Miss McLaughlin lessons, says she proved one of the ablest out of several hundred pupils who have come under his observation. She was the first aviatrix trained in Southern. California to be granted recognition by the Aero Club of America. .^

17