Indianapolis Times, Volume 34, Number 30, Indianapolis, Marion County, 16 June 1921 — Page 10

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CRUCIBLE STEEL UP 3 POINTS U. S. Steel Suffers Decline— Mexican Petrol Rallies. NEW YORK. .Tune 16.—The stock market closed irregular today. Mexican Petroleum. after being forced down to 103, had a quick rally to 108 and Studebaker recovered from Til s * to 73%. United States Steel yielded to 74% followed by a slight rally, while Crucible wa* In demand, moving up nearly S points to 56% and Republic Steel was n supply, falling nearly 3 points to 45%. Northern Pacific recovered from 6714 to 68, while Reading reacted over 1 point to 6714Total sales of stocks were 064.000 shares; bonds, $10,041,000. (By Thomson & McKinnon. > —.Tune 16— At our opening there was no indication if what was to follow. We started under fairly favorable conditions. There was a demand for stocks from many sources. The public placed a favorable construction on the action of the Northern Pacific directors in declaring a regular dividend. The buying orders from commission houses were fairly well distributed among < a great variety of stocks. The proses-" sional element were only moderately active at the start, but when selling orders appeared in the tobacco shares, and values began to decline rapidly, the entire market began to suffer because traders were encouraged to resume operations on a more aggressive scale and sold indiscriminately. The losses sustained would be too numerous to mention. some stocks establishing new low records. Even those who were kindly disposed toward the market and purchased stocks during the earlier hours, became discouraged and they also joined the ranks of liquidators The existing situation is a very trying one. Depreciation in values have been severe, and while there is nothing at this time that is encouraging, we must bear in mind that the process of liquimust come to an end. It cannot {■ very nature of things continue Indefinitely. There are a few companies that must readjust their dividend policy to conform with existing and prospective business conditions and this will have a tendency to keep the market unsettled. But we feel that values are becoming so low as to fully discount such changes, but we must await an actual change in business conditions before the hope of a permanent advance will be Justified. TWENTY STOCKS AVERAGE. NE WYORK. June 16. —Twenty industrial stocks averaged 60. off 1.05 per cent. Twenty active rails averaged 69.64, off .05 per c;nt. CLEARING HOUSE STATEMENT. 'NEW YORK, June 16.—Exchanges $1,001,430,000; balances, $139,397,000; Federal Reserve Bank credit balances $104,319,000.

Money and Exchange

Indianapolis bank clearings Thursday were $2,470,000. against $2,454,000 for Thursday of last week. NEW YORK. June 16.—The foreign ex change market opened strong today with demand Sterling 3%e higher at $3.82%. Francs rose 18 centimes to 9.27 c for cables and 8.26 c for checks. Lire were 1 point higher to 5.15 c for cables and S.Hc for checks Belgian francs were 7 centimes higher at B.oßc for cables and 8.07 c for checks. Guilder cables were 33.62 c; checks 33 60c. Swedish kronen cables were 22.70 c; checks, 22.65 c. German marks were 1.45 c. NEW YORK CALL MONEY. NEW YORK. June 16.—Money—Call money ruled 5*4 per cent; high, 5*4 cent; low. 5*4 per cent. Time rates steady. Prime mercantile paper, 6%®7 per cent. Sterling exchange was steady, with business in bankers’ bills at $3.76% for demand. ACTIVE OIL STOCKS. (By Thomson & McKinnon.) ' \ —June 16— —Opening—- • Bid. Ask. Anglo-American Oil 15% 16 Atlantic Lobos 16 19 Borne-Scrymser 350 350 Buckeye Pipe Line 72 74 Chesphrough Mfg. Cons 155 165 Cbesebrough iStjf. Cons. pfd. 95 100 Continental Oil. Colorado 102 107 Cosden Oil and Gas 5*4 6V4 Crescent Pipe Line 27 29 Cumberland Pipe Line 110 120 Elk Basin Pete 6% 7 Eureka Pipe Line 77 80 Galena-Signal Oil. pfd 90 93 Galena Signal Oil. com 30 34 Illinois Pine. Line 148 153 Indiana Pipe Line 69 72 Merritt Oil 8% 9 Midwest Oil 2% 2% Midwest Rfg 131 133 National Transit 23 25 New York Transit 125 130 Northern Pipe Line 87 92 Ohio Oil 247 253 Penn.-Mex 20 25 Prairie Oil and Gas 435 450 Prairie Pipe Line 163 166 Snpulpa Refg 3% 3% Solar Refining 340 360 Southern Pipe Line 77 80 South Penn. Oil 170 175 Southwest Penn. Pipe Lines. 50 55 Standard Oil Cos. of Cal 72 73 Standard Oil Cos. of Ind 65% 66 Standard Oil Cos. of Kan 550 695 Standard Oil Cos. of Kv 3XO 400 Standard Oil Cos. of Neb 130 140 Standard Oil Cos. of N. Y 310 315 Standard Oil Cos. of Ohio 360 380 Swan & Finch 25 35 Vacuum Oil 260 270 Washington Oil 28 32 NEW YORK CURB, i By Thomson ic McKinnon) —June 16 — —Closing— Bid. Ask. Cartis Aero, com ?% 3% Curtis Aero, pfd 10 20 Texas Chief 6 12 First National Copper % 1% Goldfield Con 5 7 Havana Tobacco 1 I*4 Havana Tobacco pfd.. 4 6 Central Teresa 1 2 Jumbo Extension 9 li International Petroleum.... 13 13*4 Nifissing 4% 4*4 Standard Motors 5*4 7 Salt Creek 23 33 Tonopah Extension 1 3 16 1 6-16 Tonopah Mining 1% I*4 United P. S. new 1% 1% U. S. Light and Heat 1% 1% U. S. Light and Heat pfd.. 1% 1% Wright Aero 6 8 World Film 1-16 3 16 Yukon Gold Mine Cos 1 1% Jerome *4 3-16 New Cornelia 13*4 16 United Verde 24 26 Sequoyah 5-16 *4 Omar Oil 1% 1% Rep. Tire % %

CHICAGO STOCKS. •By Thomson & McKinnon* —Juno 1C— Open. High. l/>w. Close. Armour leather 12% 12% 12% 12*4 Armour pM 85% Carb & Carb.. 43% 4-1 Vi 42% 42% Libby 7% 7% 7% 7% Mont.-Ward ... 18% Natl. Leather.. 7 7% 7 7% Sears Roebuck. 75% Stewart Warner 23 23 22% 22% Swift A- Cos 91% 91% 89% 90% Swift Inter 23% 23% 23 23 NEW YORK METAL MARKET. NEW YORK. June 16.—Copper—Dull; spot and June offered 12%c: July, offered, 12%e; August. 12'g12%e. Lead— Dull: spot. June and July, offered 4%e. Spelter—Dull; spot and June, offered 4.45 c; July, offered 4.50 c; August, of fercd 4.50 c. NEW TORK RAW SUGAR. NEW YORK. June 16.—Raw sugar was easier on the market here today. Porto Ricos sold at 4c a pound, delivered. NEW YORK REFINED SUGAR. NEW TORK. June 16.—Refined sugar was easier today, with fine granulated quoted at [email protected] a pound. NEW YORK PETROLEUM. NEW YORK, June 16.—Petroleum was weak or. the market here today. Pennsylvania crude oil sold at 12.75 a barrel.

N. Y. Stock Pricea

—June 15— Prev. High. Low. Close. Close. Allied Chem.... 39% 39% 39% 40 Ajax Rubber.... 26% 26% 26% 26 Allis-Chalmers.. 32% 32 32% 33 Am. Agricultur. 88% 38% 38% 39 Am. Beet Sugar 27% 27 27 28 Am. Bosch Mag. 38 35% 35% 38% •Am. Car A Fdy.l2l 121 121 124% Amn. Can 28% 28 2S 28% Am. H. & L com 11% 11 11 11 Am. H. &L. pf. 50% 50% 50% 51% Amn. Drug 5 4% 4% 5 Am. Inter. Corp. 37% 36V* 36% 38% Am. Linseed.... 23% 22% 23% 22% Amu. Loco 80*4 78% 79% 81 Am. Smt & Ref. 39% 39 39 39% Am. Sugar Ref. 72% 67% 67% 73 Am. Susna. Tob. 57 52% 53 56% Am. Steel Fdy.. 27 27 2 7 27% Am. Tel. A- Te 1.104%.104% 104% 104% 104% Am. Tobacco... 122% 120% 121 122% Am. Woolen 76% 74% 74% 76 Atl. Coast Line. 87 84 87 Anaconda Min.. 38% 38 38 38% Atchison 80 80 80 80 Atl. Gulf &W.I 28 21% 22% 28% Baldwin Loco.. 74 71 72% 74% B. i. 0 38% 37% 38% 38 Beth. Steel (B).. 51% 49 50 52% California Pete. 43 42 42 43% Can. Pac. Ry.,.110% 110% 110% 110% Central Leather 36% 36 36% 26% ’Chandler Motors 61% 60% 60% 61% C. A 0 56% 55% 55% 56 C„ M A St. P... 20% 26 26% 25% C. M A St. P. pfd. 40% 38% 39% 39% Chicago A Nw. 66 65 66 34 C„ R i.A P.... 32% 30% 31% 31% CRIAP 7pc pf 72% 72% 72%' 71% Chili Copper -0% 10% 10% 10% Chino Copper.. 24% 23% 23% 24% Coca Cola 28 27% 28 27% Colum. Gas 65 54 % 55 55% Colum. Graph.. 5% 5% 5% 5% Consol. Gas 85% 85% 85% .... Com Can 49 49 49 48% Cosden Oil 32% 31 31 31% Corn Prods 64% 63% 64 65 Crucible Steel... 55% 52 54% 35% •Cub Am. Sugar 15% 14% 14% 16 Cub.C'ane Sugar 9% 8% 8% 10% Dome Mines '17% 17% 17% .17 Endicott 62% 61% 01% 62 % Erie 13 12% 12% 12% Erie Ist pfd.... 19 18% 19 18% •Fam. Plavs.... 58% 58 58% 61% Fisk Rub. Cos. 12% 12% 12% 12% Gen. Asphalt... 57 54% 55 56% Gen. Cigars 56 55% 55% Gen. Electric .125% 125 125 125% Gen. Motors 10 0% 10 10 Goodrich 33% 31% 32% 33 G. Nor. pfd... 64% 62% 63% 63% G. Nor. Ore 27% 27% 27% 26% Houston Oil 01 01 61 63 111. Central 89 89 89 89 Inspl. Copper.. 33% 33% 33% 33% Inter. Corp 3% 3% 3% 3% Invln. Oil 13% 13% 13% 13% Inter. Harvest. 86% 85% 86% 8? Inter. Nickel... 15 14% 14% 15 inter. Paper 54 50% 52 54% Island O.ATrans 3% 2% 33% K. C. Southern.. 25 23% 23% 24% K-Spring. Tire.. 38% 86% 37 3i> Kenn. Copper.. 19% 19 19% 19% Lack. Steel 40 39 39 40 I.e.iigh Valley.. 50% 49% 50% 45% Loews, Inc 11% 10% 11 11 L AN 109% 108 109 108 Marine com 12% 12% 12% 12% Max. Mot. com. 3% 3% 3% 3 Max. Mt. 2d pfd 3% 3% 3% 3% •Mex Petrol .123% 114 114 130 Miami Copper.. 20% 20% 20% 21% Middle St. Oil.. 11% 11 11% 11% Midvale Steel... 2:i% 23% 23% 23% Missouri Pac... 20% 20 20% 20% Mis. Pac. pfd... 39% 35% 39% 39% Nat. En. A Stin. 50 49% 49% 51 National Lead.. 75 74% 74% 75 Nev. Con. Cop.. 10% 10% 10% 11 N. Y. Central... 68% 60% 67*; 67% New Haven 17 16% 17 17 Nor. A Western 91 54 94 94 North. Pacific... 66% 64% 60 65% Ok. P. A Rf. Cos. 2 2 2 2% Pa-lfic Oil 88 36% 36% 37% •Pan-Am. Pet.. 5->% 47% 47% 53 Penna. Ry 33% 33% .33% 34 People’s Gas 48% 47% 48 49 Tierce Arrow... 20% 19% 20% 20% Perre Marquette 20% 20 20% 20 Pittsburgh Coni 57*4 57 57% 57% Pressed Stl. Car 75 73% 73% Pull. Pal. Car.. 83% 91 93% 92% Pure Oil 28 27 27 28 Rav Copper 13% 12% IS 12% Reading 68% 67*., 67% 67% Rep. Iron A Stl. 47% 46% 46% 47% Repiogie Steel.. 23 23 23 23% Ry. D. of N. Y. 54 52 53 54% Sears Roebuck. 77 73% 76 77 Sinclair 22% 21% 2X% 22% Sloss-S. S. A I. 30 30 36 35% Southern Pac... 73% 72% 78 73 South. Rv 20% 19% 19% 19% St. L.&S.W. Rv 26% 23% 26% 24% Stand. Oil. N J 134% 131 131% 131% St. L &S. F C. 23% 22% 23 22% Stromborg Carb 36% 32% 33 S3 Studebaker 76% 74% 75% 75% Texas C 34% 33% 33% 33% Texas & Pacific 21% 21% 21% 22 Tobacco Prod.. 56% 54% 55% 55% Trans. Oil 8 7% 7% 8 Union Oil 2fi% 19% 20% 20% Union Pacific ..116 115% 116 116% •Unilcd R. S.. 55 54% 54% 50% U. S. Food P. C. 18% 18% 18% 18% United Fruit C. 100% 106% 100 100% United Drug ... PS 88 88 89% U. S. In. Alcohol 50 53% 56 55% U. R. Steel 70% 71% 75% 70% U. R. Steel pfd.. 70% 74% 75% 70% U. S Steel pfd.. 107% 107 107% 107% Utah Copper.. 49% 49% 49% 50% Vanadium Steel 30 29 2a 28% Vir Car. Chem.. 27% 25% 25% 27% Wabash Ist pfd 21 20% 21 20% White Oil 10% 10 10 10% Westing. Elec .45 44% 45 45 •White Motors.. 33% 3.3% 33% 34% Willys-Overland 7% 7% 7% 7% Worthington P. 46 45% 40 45 •Ex-dividend. - NEW YORK LIBERTY BONDS. —June 16. Prev. High. Low. Close. L. B. 3%s &5.50 88.38 88.38 88.42 L. B. Ist 4s 87.80 L. B. 2nd 4s 80.04 86.60 L. B. Ist 4%s 88.00 87.80 87.90 87.80 L. B. 2nd 4%s 86.88 86.72 86.72 86.74 L. B. 3rd 4%s 91.54 91.46 91.50 91.50 L. B. 4th 4%s 87.06 86.90 80.90 87.00 Victory 3%s 98.38 98.30 98.38 98.38 Victory 4%s 98.40 98.34 08.3S 98.38 NEW TORK WOOLNEW YORK, June 16.—W00l was irregular on the market here today. Domestic fleece, XX Ohio, was quoted at 22®39c a pound ; domestic pulled, scoured basis, at 18@75e. and Texas domestic, scoured basis. 40®82c. Territory staple, scoured basis, was quoted at 53®iK>c a pound. NEW YORK COFFEE. NEW YORK, June 16.—Coffee was weak today with opening options 9 to 12 points lower. Rio No 7 on spot sold at 6%@6%c a pound. NEW’ YORK RICE NEW YORK. June 16.—Rice was quiet on the market here today. Domestic sold at 2%®6%c a pound. NEW YORK HIDES. NEW YORK, June 16. —Hides were steady here today. Native steer hides aold at 13%c and branded steer hides at 13c. NEW YORK TURPENTINE. NEW Y’ORK. June 18. —Turpentine was ! steady here today, selling at 62c a gallon. I In the Cotton Market ! i

NEW YORK, June 16.—The cotton market opened steady at advance of X to 7 points. There was considerable local covering on Improved news about the labor situation in the English textile mills and some trade buying on the late positions On the other hand, heavy rains reported in Georgia and Alabama caused further selling by Wall Street and the south. • Brokers who frequently represent Japanese houses were large sellers of October and December, but they also bought July. At the end of the first fifteen, the list was steady at a net gain of about S points. New York cotton opening: July. 12.15 c: October. 12.92 c: December. 13.38 c; Jan uarv. 13.53 c; March, 13.84 c. The market was under pressure in the last hour. The close was weak at a net decline of 35 to 43 points. Spot cotton was quiet being 33 points lower at 11.85 c. There were no sales. LIVERPOOL. June 16.—There wag a small demand for spot cotton at the opening here today. Prices were steady and sales close to 3,000 bales. American middlings fair, 10 .60d; good middlings, S.7od: full middlings, 8.30d: middlings. 7.65d: low middlings* 6.65d ; good ordinary, 5.40d : ordinary, 4.65d. Futures opened quiet. \

SWINE PRICES STEADY TO STRONG Cattle Receipts Light at 400— Lambs 50 Cents Lower. RANGE OF HOG %RICK 9. Good Good Good June Mixed. Heav>. Light. 10. 18.25 *8.25 $8.25® 8.35 11. g. 25 825 8.25® 8.35 13. 14. 8.26 8.26 8.25® 5.35 15. 8.25 8.25 8.25 16. 8.16® B.'o S.ls® 8.20 8.15® 8.26 Swine pr cos were steady to 5 cents higher with yesterday's close at the opening of tie local live stock exchange today. Tbete was a top of $8.25 on a few extra ftney light hogs, while the bulk of the sales of all good hogs was $8.15. There were, however, a few tales of all grades of good hogs at $8.20 after the lirst hour of the market. There were close to 9,500 swine on the market and a good clearance for the day was anticipated Both local packers and shippers were taking their usual quotas. There was a good demand for good heavy hogs by all buyers and that grade brought $8.25, with some sales at SB. There was again a dull jtoue to the cattle trade, with prices about steady. Fresh receipts were light at 4<, while there w’as considerable stale stuff in the pens.# There was again a good demand for all grades of veals and prices were steady to strong, with choice veals generally bringing $10.50, while there were a few sales of that grade of calves at sll. Prices on other grades were the same as those maintained on the market of tae day before. With 500 sheep and lambs on the market. prices werb steady on sheep to 50 cents lower on lambs. Top lambs brought $9.50. HOGS. Best light hogs, 100 to 200 . „ . lbs. average * f ixJ? con 200 to 300 lbs 8-15® 6-0 A V pr '*oo 11)8 8 S 10 Over 300 Art. ; 7 .00® 7.50 stags soo® 5.30 Best pigs, under 140 lbs 6 25 Bulk of sales 8.15 CATTLE. Prime eornfed steers. 1.000 lbs and up soo @ 8-50 Good to choice steers, 1,200 to 1,300 lbs 7..5 Good to choice steers. 1,100 to 1.200 lbs 7.25® .-75 Medium sterg, 1.000 to 1.100 lbs 7.o°® 7.20 Common to medium steers, 800 to 1,000 lbs 6 75L 7.00 —Heifers and Cows— Good to choice heifers 7.50® 8 50 Medium heifers Common to medium heifers... s*s® 0-5 Good to choice cows Fair to medium cows *•' .'St Cutters 2 jj-'jj Cauners —oo® 2.50 —Bulls — Good to choice butcher bulls. 5.00® 550 Bologna bulls “J 2 “s Light to common bulls 4,00® 4.,a —Calves— Choice real® 9 50^11.00 Good vpol 2'2* S'/Si Medium veals 7.50® 9Ou Lightweight veals ...( 8.50® 7.50 Common heavyweight veal.. 5.50® o.ou —Stockers and Feeders — Good to choice steers under SOO lbs 6 50® • .50 Medium cows 4 50® 4 7,> Good cows 4.50® s.—> Good heifers 5 00 ® 0.25 Medium to good heifers 4 00® 5.50 Good milkers 40.00®80.U0 SHEEP AND LAMBS. Ewes 7-00 Lambs - 0-00® 9.50

Other livestock

CHICAGO, June 16.—Hogs—Receipts 85.000: market 10c lower; bulk $7.85(4 8.05; butchers SS®B.2O, packers $7.50® 7.90, lights 57.95U5.10; pigs $7.40®8; roughs $7 15®7.4Q. Cattle —Receipts 11. 000, market steady; beeves $1.50® 6.50; butchers $4.75®5..i0; canners and butchers $2.2e®4.20; Stockers and feeders $4.50®(.25; cows 14®7; calves $7,504*9.50. Sheep—Receipts 9,000: market steady; lambs ss®B.sn; ewes $2.25®4.25. CINCINNATI, Juno IC. -Hog* Receipts, 8,800; market, 10@S5 cents lower; heavy hogH. $7.75®8; rnixod and mediums $8.25; pigs and lights, $9.50; roughs. $8.30: stags, $4 50. Cattle— Receipts. 800; market, slow and weak; bulls, dull; calves, slo® 10.50; f* w at sll.’ Hhee-p and lambs—Receipts, 5,000; marker, steady; ewes, sl®4; top lambs, $12.50; seconds. ss®9; skips. s4®7. CLEVELAND, June 16—Hogs—Receipts, 5.0(H); market lower: yorkers, $8 40: mixed. $8.40: medium, $8 40; pigs, $8.40: roughs. $7: stags, $5. Cattle—Receipts, 300; market slow Sheep and lambs—Receipts, 800; market alow; top, sll. Calves—Receipts, 500; market strong; top, $11.50. PITTSBURGH, June IC.—Cattle—Receipts light; market steady; choice $9.50® 9.U0; good $5.50®9.00, fair sß.oo® 8.50; veal calves $10.50® 11. Sheep and lambs— Receipts light: market steady; prime wethers $5.25®5.50; good $4.50® 6; mixed, fair s3®4: spring lambs so®l2. Hogs—Receipts 15 double deck ; market lower; prime heavies $8.15®8.25; mediums $5.00®8.70; heavy yorkers $8.(10® 8.70; light yorkers $8.G0® 8.70: pigs sß.<Sf) ®S.7O; roughs $5®6.50: stags $4®4.50. EAST BUFFALO. June 10.—CattleReceipts 100; market active, steady; shipping steers, [email protected]; butcher grades, $7.25®8.25; cows, s2®6. Calves— Receipts 400; market active; 50c up; bulls, choice, ss® 12.50. Sheep aud lambs —Receipts 1,000, market active; 25c up; choice lambs, sl3® 13.50; culls fair, s7® 12.75; yearlings s6® 10; sheep $1®5.30. Hogs—Receipts 2,400; market active, 15® 30c off; yorkers $.50®8.60; pigs $.9.50® 8. ‘10; mixed, $8.50®8.90; heavies, $8.25® 8.90; roughs $6®0.50; stags $4.30®5. FAST ST. LOUIS, June 10— CattleReceipts, 1,800, market steady; native beef steers, $7®8.25; yearling beef steers and belters, fc®B.6s; cows, s4® 0.30; stockers and feeders $5®6.50; calves s9® 10; canners and cutters, $1.50®3.75. Hogs—Receipts, 7,000; market, 5® 10c lower; mixed and butchers. $7.85®8.05: good heavies, $7.75®8; rough heavies, $6 ®.7; lights, SM®B.IO: pigs 57.75®8.10; bulk of sales, $7.80®8.05. Sheep—Receipts, 2,500; market slow steady; ewes s4® 4.25; lambs $8®8.50; canners and cutters $1.5003.50.

On Comtr**sswn Row

TODAY’S PRICES. Apples—Fancy, all grades, per bbl., $3&4. Asparagus—Fancy home grown, per doz., 50c; large bunches, per bch., 50c. Bananas—Extra fancy high grade fruit, 50c to 60c per bunch, per lb., B%c. Beans—Michigan navy, In bagß, per lb., 4%®5c; Colorado Pintos, In bags, per lb., 7%®Bc; California lirnas, In bags, per lb., 7%®Bc; red kidneys, In bags, per lb., 12<gl3e; California pink chill, in bags, uer lb.. 7® Bc. Beans—Fancy green, per hamper $4.50. Beets—Fancy new, per doz., bobs., 75c. Cabbage—Fancy new, per crate, $3.50, less than crate, per lb. 10c Carrots—Fancy, home grown, per bu., $1.50. Kale—Fancy, borne grown $2.25. Lemons—Extra fancy California, 300s to 360s SB(6 9. Lettuce—hiincy hothouse leaf, per to., 10c; fancy hothouse leaf, in barrel lots, per lb., 8c; fancy California Iceburgs, per crate $5.50. New Potatoes -Fancy Virginia Red per hi $5.50. Onions —Fancy Texas yellow, per crate. $1.50. Oranges—California, all grades, per box $5(66 50. Peas— Fancy home grown, bu $1.75® 2.50. Pieplant—Outdoor, per 'on., 35c. Pineapples—Fancy Cuban, per box, $4.50®6. Radishes—Long red, per doz.. 25c; button. home grown, per doz., 30c. Spinach—Fancy, per bb’.., $2.75. Corn—Fancy La., 10 doz. bl., $5; per doz., 65c. Green Onions—Home grown, doz., xse; large bchs, doz., 40c. Cauliflower—Fancy, home grown, per bn., $3.50. Cusumbers—Extra fancy, 2 doz. jox, $3.50; . per doz., $1.75. peaches—Fancy Elbertos, 6 bskt. crt., $4.50; fancy Ga. Carmens, per bu., $3.50. Gooseberries—Fancy, per *24-qt. crt., $3.00. Blackberries—Fancy. 24-ot. crt., $3 00. Raspberries—Fancy, blact, 24-qt. crt., $3.50: fancy, red, 24 pt. crt.. $6. Watermelons —Fancy Florida, 90c. Cantaloupes—Fancy California stds., per crt , 55.50& fancy California Ponys, per crt.. $4.50.\

INDIANA DAILY TIMES, THURSDAY, JUNE 16,1921.

Local Stock Exchange

—June 16— STOCKS. Ind. Ry. & Light com 58 Ind. Ry. & Light pfd . 70 Indpis. A Nw. pfd ... 75 Indpls. & Southeastern pfd. ... 75 Indpis. St. Ry 41 T. H. & Trac. pfd T. H„ I. A E. pfd Union Trac. of Ind. com Union Trac. of Ind. Ist pfd. ... I. T. of Ind. 2d pfd 2 Advanee-Rumely com ... Advance-Rumely pfd ... American Central Life 235 Am. Creosoting pfd 91 ... Beit R. R. com 54 ... Belt R. R. pfd * 44 50 Century Bldg. Cos. pfd 93 Cities Service Cos. com rr. Cities Service Cos. nfd Citizens Gas C 0.... 27 31 Dodge Mfg. Cos. pfd 89% ... Home Brewing 48 ... Indiana Hotel com 60 ... Indiana Hotel pfd 90 ... Ind. Nat. Life Ins. Cos 4% ... Indiana Title Guaranty 59 65 Indiana Pipe Lina Indpis. Abattoir pfd 40 50 Indpis. Gas 41% ... Indpis. Tel. Cos. c0m.... 2 Indpis. Tel. Cos. pfd 90 ... Her. Pub. Util, pfd \ 42 Natl. Motor Car Cos 9 Public Savings In. Cos 4% Rauh Fertiliser pfd 40 Standard Oil, Indiana Sterling Fire Ins. Cos 8 9 Van Camp Hdw 92% ... Van Camp Pack, pfd 100 Van Camp Prod. Ist pfd 100 Van Camp Prod. 2d pfd 100 Vandalia Coal Cos. pfd 6% Vandalia Coal com ... 3% Wabash Ry. Cos. pfd Wabash Ry. Cos. com BONDS. Broad Ripple 5s 50 ... Citizens St. Ry. 5s 70 73 Ind. Coke A Gas 0s 100 Indian Creek C. A Min. 0s 100 Indpis., Col. A South. 5s 68 ... Indpis. A Martinsville 5s 54 Indpis. North. 5s 43 47 Indpis. AN.W 5s 52% 55 Indpis., S. A E 5s 50 Indpis. S. A S 5s 70 Indpis. St. Ry. 4s 55 63 Indpis. Trac. A Ter 5 71 74 Kokomo, M. & W. 5s 74 T. H.. I A E. 5s 46 ... Union Trac. of Ind. 6s 62% 56 Citzens Gas 5s *2 78 Ind Hotel Cos. 2d 6* 93 Indpis Gas 5s 72 79 Indpis. Light A- Heat 5s ... 75 80 Indpis. Water 4%s !®% Indpis. Water 55... Brt 91 Merchants Heat A L. ref. ss. 89% 94 New Tel. Ist 6s 94 ... New Long Distance 5s 93% ... Southern Ind. Power 6s 100 LIBERTY BONDS. Liberty first 3%s 85.24 Liberty first 4%s Liberty escond 4%s 86.58 Liberty third 4%s 91.30 Liberty fourth 4%s 80 91 Victory 3%s 96.00 Victory 4%s 98.10 —Sales—sl,ooo Indianano Is Northern 5s at.. 43 sl,ouo Indianapolis St. Ry. 4s at 56 $2,000 Liberty Loan fourth 4%s at.. 80.90

Local Curb Market

(By Newton Todd.) —June 16— Bid. Ask. American Hominy Common 14 22 Burdick Tire A- Rubber 1% 3% Capita) Film Cos 1% 2% Choate Oil 1 2 Columbia Fire Ins Cos 6% 6% Comet Auto 1% 2% Dtiesenberg Motor Car Com.. 5 9 Elgin Motor Car 4% ... Federal Minanre Cos. c0m....125 143 Great Sou. Prod. A Ref. units 4% 3% Haynes Motor com 118 Hurst A Cos. common 2 3% Hurst A Cos. pfd 50 70 Indiana Rural Credits 60% 75 Indianapolis Securities pfd.. 4 5 Mnjesite Tire A Rubber 12 18 Metropolitan 5-30 c Stores corn 12 16 Metropolitan 5-500 Stores pfd 43 40% Robbins Body Corp. Units.... 40 00 Stevenson Gear Cos. pfd 0 7 Stevenson Gear Cos. com 5 6 U. S. Mortgage Cos. Units ...152 160

Weather

The following table shows the state of the weather at 7 a. m., June 16, as observed by l\ 8. Weather Bureaus : Station. Bar Temp. Weather. Indianapolis 30.03 73 PtCldy Atlanta, Ga 30.04 72 PtCldy Amarillo, Texas ... 27.76 82 Clear Blamark. N. D 29 60 64 Bain Boston, Mass 29 88 66 Clear Chicago, 111 30.00 74 Clear Cincinnati. Ohio .. 30.04 72 Clear Cleveland. Ohio .. 30 08 60 Clear Denver. Colo 20 74 56 PtCldy Dodge City, Kan... 29 74 66 Clear Jacksonville. Fla... 30.00 78 Clear Kansas City. M 0... 29.82 76 Clear Louisville, Ky 30 04 74 Clear Little Rock, Ark... 29.96 74 Clear Los Angles. Cal 29 00 76 Clear Mobile, Ala 30 02 80 Clear New Orlenus, La... 30.00 80 PtCldy New York, N. Y... 29.516 68 Cloudy Norfolk. Vs 30.02 72 PtCldy Oklahoma City 29.80 68 Cloudy Omaha. Neb 25576 76 Clear Philadelphia, Pa... 30.00 70 Cloudy Pittsburgh. Pa 30 08 62 Cloudy Portland. Ore 80 04 32 PtCldy Rapid City, 8. D... 29 24 80 PtCldy Itoeeburg. Ore 30.06 50 PtCldy San Antonio. Texas 29.88 76 Clear San Franeiaco, Cal. 29.94 54 Clear St. Lolita, Mo 29 94 76 PtCldy St Paul, Minn 29.70 74 Clear Tampa. Fla 30.00 82 Clear Washington, D. C... 30.04 70 Cloudy WEATHER CONDITIONS. The western disturbance now covers prnrtloHlly all of the Ilocky Mountains and the Great Plains region. It has caused showers In many plares west of the Mississippi River, and rains also have occurred In parts of the southeastern States. It Is cooler over the plains regions end In the southwestern plateau. In the latter area temperatures near freezing, with killing frosts, occurred last night. CORN AND WHEAT BULLETIN. For the twenty-four hours ending at 7 a. m., 90th meridian time, Thursday, June 10, 1921 j Temper- | ature. o’ _ ° Stations of k I 2 ® Indianapolis £ - !- o J si ?U £v = =cm = $. S- tS 8S South Bend 84 I 64 0 I Good Angola 87 ! 00 0 | Good Ft. Wayne 80 I 60 0 Wbeatfleld 80 64 0 Good Roval Center.... 86 64 0 Dusty Marion 88 61 0 Good Lafayette 85 66 0 Good Farmland 85- 59 0 Good Indianapolis . 85 68 0 Good Cambridge City.. 85 56 0 Good Terre Haute 86 70 0 Good Bloomington . J.. 87 63 0 Good Columbus 86 I 61 0 Fair Vincennes 94 69 0 Good Paoli 87 64 0 Good Evansville J. H. ARMINGTON, Meteorologist, Weather Bureau. WHOLESALE FEED PRICES. Ton. Cwt. Acme Bran $27.00 $1.40 Acme Feed 28.00 1.45 Acme Midds 30.00 1.55 Acme Dairy Feed 37.75 1.05 E-Z-Dalry Feed 30.50 1.55 Acme Stock Feed 26.50 1.35 Cracked Corn 31.50 1.60 Acme Chick Feed 40.75 2.10 Acme Scratch 37.75 1.93 E-Z Scratch 35.50 1.80 Acme Dry Mash 41.00 2 10 Acme Hog Feed 39.50 2.00 Homllek Yellow 27.00 1.40 Rolled Barley 39.25 200 Alfalfa Meal 33.75 1.75 Cottonseed Meal 38.00 1.95 Linseed Oil Meal 42.00 2.15 Chick Mash 44.50 225 FLOJ’R AND MEAL. E-Z-Bake bafsjh flour in 98-lb. cotton bags ...... ..$0.50 Corn Meal A A)-lb. cotton bags.,.. 2.00

WHEAT PRICE CONTINUES DOWN Grain Mart Tone Erratic— Provisions Irregular. CHICAGO, June 16.—Wheat continued its downward trend on the Chicago board of trade today. The market was decidedly errStic a movement which usually marks pre-harvest trading. Provisions irregular. July wheat opened off %c at $1.31% and closed off 3%c. September wheat opened unchanged at $1.22 and closed off %c. July corn opened off l%c at 02%c and closed unchanged. September corn opened off %c at 62c and closed l%c higher. July oats opened up %c at 37%c and closed off %c. September oats opened at 38%e and closed up %c. (By Thomson A McKinnon.) —June IdWheat—Reliable private crop reporters and a great many individual grain handlers in the Northwest sent in rather alarming advices regarding the black rust situation. Almost ail of them agreed upon its appearance in vital territory and most of them agreed upon conditions being favorable for its development in places where it has made a showing. With a moderate winter wheat crop and, according to two good authorities, it is likely to be still more moderate before we get it harvested, anything that menaces the small sized spring wheat we have in sight becomes doubly important. The market responded readily to the news and was helped by liberal export business reported for yesterday, especially to Italy and a better domestic milling demand. On the advance there appeared liberal selling by commission houses and then the local crowd turned free sellers, partly in sympathy with, further weakness in stocks which made a sharp decline. The market action today takes away none of the merits of the long side, as we see It. Cash wheat premiums are better. Export husi ss follows in moderation and the hysteria of the first pronounced break In excessive cash prices is over. We feel like committing ourselves to the buying side of September on declines, expecting help In our position from spring wheat developments. Corn and Oats—Corn and oats took their tone from wheat, but corn was helped up by export business and oats by adverse crop advices Weather hot and muggy in some of the oat country, producing rust. Both grains lost their advances still following the wheat trend. Provisions—Product acts well and will ultimately sell some higher we think.

CHICAGO GRAIN TABLE. —June 16— WHEAT— Open. High Low. Close. July 131% 135% 1.27% 1.28% Sept... 1.22 1.27% 1.21% 1.21% CORN— July 62% .64% .61% .62% Sent 62% .04% .62% .63% OATS— Ju ! y 37% .38% .37 .37% Sep: 38% .40% .38% .39% PORK—•JuIy 17.00 LARD— July 10 00 10.02 9.85 990 Sept 10.30 10 37 10.20 10 23 RIBS— July 10 30 10 37 10 27 10 77 Sept 10.50 10.62 10.52 10 55 RYE— July 1.20 1 26 1.19 1 19% •Nominal. TOLEDO CASH GRAIN. TOLEDO. O , Jun el 6 $1.38; July, $1.31%; September, $120%. Corn—Cath No 3, jellow. *)2%®65%c. Oats—Cash No. 2 white, 40®41c. Rye— Cash no 2. $1.27. Barley (not quotedi. Cloverseed—Cash (1920), $13.75; October, sl2; December, sll6O. Timothy —Cash (1918), s3*)o; 'ash (1919), $3.U>; cash (1920), $3 15; September, $3.55; October, $3.40. ALyke—Cash August, $12.25; September. $11.75. PRIMARY MARKETS. (By Thomson A McKinnon ) —June 16— Wheat Coru, Oats. Chicago 71.000 427.000 100.000 Milwaukee .. 22.000 140.000 87,000 Minneapolis.. 338,00 53.000 67,(HH) Duluth 58,000 25.000 St. Louis 109,000 29.000 78,000 Toledo 10.0(H) 14.(HH) 23.000 Detroit 3.0(H) 2.000 0,000 Kansas City.. 230,000 45.0(H) 5.000 Peoria ,22.000 11.000 Omaha 35,000 / 34.000 4.000 Indianapolis.. 18,000 22.000 18.000 Totals 892.000 812.000 450.000 Year ago... 500.1HH) 070,000 287.000 —Shipment*— Wheat. Corn. Oats. Chicago 114,000 359.000 826.0(H) Milwaukee 3 000 4.000 12,000 Minneapolis... 230,000 37.000 18,000 St Louis 126.000 I*o.ooo 91.000 Toledo 3.000 T 6.000 18.000 Detroit 2,000 4,000 Kansas City.. 138.000 01.000 s.o<n> Peoria 2.000 5,000 ' 9,000 Omaha 59,000 07.000 14.000 Indianapolis... 4,0000 31,000 20.000 Totals 679.(HH) 758,000 1,017,000 Y'ear ago... 853,000 333,000 398.000 —Clearances — Dom W New Orleans 200.000 Totals * 200.000 Year ago 16,003 INDIANAPOLIS CASH GRAIN. —June 10— Bids for car lots of grain and hay at the call of the ludiauapolis board of Trade were: Wheat —No sales. Corn—No. 2 white, 63®84c; No. 3 white. 62®03c; No. 4 white, flo%®6t%c: No. 2 yellow, 60®00c; No. 3 yellow, 58@59c; No. 4 yellow, 57® 58c; No. 2 mixed, 67® 58c; No. 3 mixed. Mi® 57c. Oats —Easier: No. 2 white, 37%@35c; No. 3 white, 37®37%c. Ilay—Steady; No. 1 timothy, $18.50® 10: No. 2 timothy, slß® 18.80; No. 1 light clover mixed, $17.50® 18; No. 1 clover hay. $16®17. —lnspections Wheat—No. 1 red, 1 car; No. 2 red, 1 car; total, 2 cars. Corn —No. 1 white, 1 car; No. 2 white, 5 cars; No. 3 white, 5 cars; No. 5 white, l car; No. 2 yellow, 9 cars; No. 3 yellow, 2 cars; No. 4 yellow. 2 cars; No. 2 mixed, 0 cars; No. 3 mixed, 2 cars; total, 35 cars. Oats —No. 1 white, 1 car; No. * white, 14 cars; No. 3 white, 1 car; No. 2 mixed, 1 car; total, 17 cars. Hay—-Standard timothy. 1 car; No. 1 clover mixed, 1 car; total, 2 cars.

HAY MARKET. The following are the Indianapolis prices for bay by the wagon ioad : Hay—Loose timothy, new, $18®19; mixed hay. new. sl6® 17; baled, slG@l7. Oats Bushel, new, 38@40c. Corn New, 60®tioc per bushel. WAGON WHEAT TRICES. Indianapolis flour milln and elevators today arc paying $1.35 a bushel for No. 1 red winter wheat. $1.32 for No. ? red winter wheat and $1.29 for No. 3 red winter wheat. INDIANAPOLIS PRODUCE. Eggs Fresh, loss off, 20c. Poultry— Fowls. 16@20c: springers, 1% to 2 lbs, 30®37c, cocks, 9c; old tom turkeys, 25c; roung hen turkeys. 30c; cull, thin turkeys not wanted; young tom tturkeys, 30c; ducks, under 4 lbs, 15c; geese, 10 ibs and up, 11c; squabs, 14 lbs to dozen. $4 .50; guineas, 9 lb size, per doz, $2. Butter—Buyers are paying 81®32c per lb for creamery butter, delivery in Indianapolis Bntterfat —Buyers are paying 26c per lb for butterfat, delivered In Indianapolis. CLEVELAND PRODUCE. CLEVELAND, June 16. —Butter—bxtrn in tubs, 38%@39c; prints, 39%@40c; extra firsts, 37%®38c; firsts, 35®35%: seconds, 29%@30c; fancy dairy. 17fft'26c: packing stock. 12%@17c. Eggs—Fresh gathered, northern extras. 2S%e: extra firsts. 27%c: Ohio firsts, new cases, 25c; old cases, 24%@25c; western firsts, new cases 24c. Poultry—Live heavy fowlg, 26@27e; roosters, 16c: broilers, 35@50c; live spring ducks, 35@S8c. WHOLESALE BEEF PRICES. The following are today's wholesale prices for beef cuts as sold on the Indianapolis markets: Ribs—No. 2. *23e ; No. 3, 18<\ Loins—No. 2 25c; No. 3, 23 c. Round —No. 2,19 c; No. 8,17 c. Chucks — No. 2,10 c; No. 3,7 c, Plates—No. 2,8 c; No. 3.4 c.

MOST ANCIENT CONTAGION HAS CURE AT LAST History of Leprosy Covers 6,000 Years, Touching Every Nation. STARTED IN OLD* EGYPT WASHINGTON—In the conquest of leprosy, for which a specific cure has been developed by American physicians at the Hawaiian leper colon*, one >f 'Do oldest and most terrible plagues of the human race has yielded to medical science. Dr. Johnathan T. McDonald, who tss been associated with the work in Hawaii for twelve years and played an Imp* riant part in perfecting the cure of the disease. gives some facts about this most ancient of the ills of man and how it has yielded to treatment. Although the’e are many diseases which are known to have attacked man through the ages of civiliza.ion, leprosy is undoubtedly the most ancient of them all. Records of deprosy in China go back 6.000 years, or 4.000 years before Christ. Whereas Egypt is generally conceded to be the birthplace of this disease, the contagion and spread of leprosy throughout the world has been terrifying in its completeness. Scarcely a country, no matter how tiny or remote, has not at some time been touched by it. The name foi the disease has been translated into every language. In practically all cases where leprosy has been carried from one community or country to another, it has been carried by human beings, for scientists have been unable to find, to date, any lower animal which can contract leprosy. In the year 81 A. D. the disease was spreading all over Europe. The Romans got it from the Greeks; Pompey had carried it into Italy as early as the first century B. C. and it was common among the Jews 260 years previous to tht. Later pilgrims from the Holy Land carried leprosy to England and the noble armies of the Crusaders spread it wide-cast when returning to their home lands during the tenth, eleventh and twelfth centuries. Wales, Ireland, Norwy, and Sweden became so Infected as to have the disease assume the proportions of n plague. The exact date when the disease invaded America can not be traced, but it is thought probable that most of tiie comparatively few cases in this country have been brought by returning travelers who visited the Orient. TYVO MILLION LEPERS. At the present time, according to statistics compiled by Dr. Victor G. Ileiser, there are two million lepers in the world ; that is, one out of every 8 : J0 Inhabitants of the world Is a leper. The largest number of these are in China. According to a Leper Conference held ac Calcutta in February of 1920, it is estimated that there are approximately 150,000 lepers In India. There are several thousand Hi Japan and only 500 in Hawaii, in spite of the popular belief that Molokai houses a large percentage of the world's lepers. There are many cases of leprosy in Central and South American countries and comparatively few a- attered through Mexico, the Wesc Indies, the United States, and Canada. Russia and Sweden have some cases and it is common is Asiatic countries other than those above mentioned. The western const of Africa is also seriously Infected with leprovy. It can thus be seen that leprosy has not yet ceased to be a world menace. And what methods has the world used to get rid of its oldest disease? First of nil. segregation has been practiced and secondly, medicinal attempts at remedies. Leprosy Is spread by bacteria, especially those of the nose secretions, according to the most general belief, although its origin has been attributed variously to climate, too little salt in food, insanitary living conditions and eating spoiled fish. The idea of segregating lepers occurred to mankind at an early date. Herodotus says that the Persians of his time exiled lepers. Moses, following the customs of ancient Egypt, segregated the lepers among the Jews. History shows that the Chinese went so far as to burn lepers nlive. Medieval France provided lepers with rattles to warn all of their approach and enforced uniform gray for the appare! of these unfortunates. Today all Christian countries have sanitariums or missionary hospitals for the care and segregation of those inflicted with leprosy. There are three hospitals for lepers in the United States, located in the States of Louisiana, California and Massachusetts. The hospital near Carville, La., on the Mississippi River, was recently made a Federal hospital for lepers. In accordance with the law finally passed by Congress. In Russia, lepers are exiled to Siberia. In the FIJI Islands, they are placed on pyres of green leaves of a tree supposed to possess healing qualities. The skin of the victim is slowly** cooked, or scorched and the leper, if he survives this rough treatment, is said to recover from his disease. The reason that leprosy is so much more prevalent in nonChristian countries is said to he that the Bible impresses Christians with the fear of leprosy. In the early days of Christianity, It was considered in full accord with Biblical teachings for communities to drive the “unclean leper’’ out of their midst and send him, a shunned wanderer upon the face of the earth, or even to stone him to death. In the eastern countries the believer? of other than Christian faiths do not hav e this great fear of the disease, and in many cases leprosy is considered an asset by beggars in that its loathesomeness will excite sympathy. LEPROSY NO LONGER MENACE. The medical philosopher Atreya who lived In China at least 2,000 years before the Christian Era, wrote the “Charaka Sanpita’’ on the pathology of leprosy. In it he said, “The man who neglects t.he disease at its commencement is sure to die, for it becomes Incurable.” Yet Dr. McDonald states positively that 142 cases treated In the Kalihl Hospital for Lepers have been released as cured since October, 1918. These cases have been examined by a commission appointed by (he territorial board of health and declared to be no longer a niehace to the public health. They have been set at liberty, but report to the government physicians at intervals to see that symptoms of the disease do not recur. So far not a single relapse has been noted In a period covering nearly three years. During this period of three years. DF. McDonald has been attending physician at the Kali hi Hospital and has personally given nearly 10,000 injections of the new preparation of Chaulmoogra oil. This oil is one of the oldest remedies used in attempts to cure leprosy and has more cures to its credit than any other remedy, it has been used since the time of Moses. The chief problem in using this oil. however, has been that the crude oil nauseated the patient so that its effect was impaired. Within the last ten or fifteen years a series of improvements in the oil preparation has been evolved from different experiments and observations made in that part of the world where leprosy is most epidemic. Three or four years ago Dr. A. L. Dean, president of the University of Hawaii and a distinguished chemist, began to study and investigate Chaulmoogra oil. He finally succeeded in producing ethylesters of. the fatty acids of the oil in a thin limpid liquid which has bee.n found to

be the most readily absorbed when Introduced into the patients by the intramuscular route rather than into the blood vessels direct by the use of the hypodermic needle. Dr. Dean has been constantly improving upon his derivatives of the oil and his technique gnd methods, assisted by Dr. McDonald. In speaking of Kallhi Hospital and the work there, Dr. McDonald says: “We have Increased the number of patients in Kaiihi Hospital who take this oil until every patient in the hospital is now taking the Dean Derivatives and has been doing so for several years. It is true that we have met with splendid success. The medicine is readily absorbed and the patients are all grlHtwally and slowly improving from month to month. The cases In which the disease has been caught in its earlier stages, naturally respond to the treatment most quickly. “A great many of the patients re native Hawaiians, who formerly had a dread of exile life at the settlement at Molokai. It was common among the natives to conceal a patient as soon as it was known that he had the disease, but today, as soon as a case develops, no matter if in a remote part of the islands, the friends or relatives bring the victim to the hospital at once and give him up for this new treatment. In this way we are getting cases in the earlier stages and also find them more tractable to treatment and the symptoms disappear much more readily. “The morale of the hospital is excellent. It is pervaded by the spirit of hopefulness and confident expectation of cure and release. The patients are usually in the hospital for s period of from one to three years. Many of them are young, as leprosy, like tuberculosis, is a disease of early life. “The patients have many occupations to keep them busy and happy. They rare for the flower and vegetable gardens, the live stock, and help in keeping the modern buildings'attractive. They enjoy a community life of their own and have theatricals, snort contests of various kinds, dances and prayer meetings to keep them interested, contented end happy. They are given good substantial food and plenty of it.” As the very latest development in the work with the Chaulmoogra oil as used in the Dean Derivatives. Dr. McDonald pointed out the fact that Drs. Walker and Sweeney of Hooper foundation, connected with the University of California, have recently positively proven Dean Derivatives to kill the leprosy bacteria.

WILL VOTE ON MEAT INDUSTRY CONTROLTODAY Senate Expected to Act Definitely—Two Regulatory Bills Considered, HOUSE BILL IS HAZY

WASHINGTON, June 16.—The Senate is under agreement to vote on the packer control oill late today. An amendment to the Norris packer control bill that nothing in its provisions shall affect or take away any of the power or Jurisdiction of the Federal trade commission was adopted by the Senate today. The vote was 34 for, 32 against. This was regarded as the first test of strength between the opponents and the supporters of both the bill and the Federal Trade Commission and as indicating the probable closeness of the vote on the bill itself later in the day. Senator Norris, Republican, Nebraska, chairman of the Senate Agriculture Committee, sponsor ts the amendment, predicted the passage of the bill. Its opponents were equally insistent that it would be defeated. Some kind of bill will pass. It appeared certain as the final day's debate began But whether it will be the House bill empowering the Secretary of Agriculture to regulate the meat packing indstry or the Senate bill entrusting such regulation to a commissioner under the Secretary of Agriculture, appeared doubtful. What Norris and other advocates of drastic packer control fear is, that the House bill will be forced through by the votes of those who while wishing to appear in the light of favoring regulatory legislation for great public utilities in reality, do not want any effective regulation of the packers or any other industry. The House bill in the opinion of Senators would create the semblance of regulation and control without their substance. It is capable of so many different constructions and is so vague end indefinite, they asert, that it amounts to nothing binding. In the Senate bill the packers are forbidden to: Engage in discriminatory or unfair practices. Apportion business or business territory among themselves. Agree to fix or control prices. Engage in business other than meat packing^ To conspire or agree to defeat the purposes of Federal regulation as outlined In the pending bill. Own or control stock yards within two years of passage of the bill. A fine of $5,000 and Imprisonment for a year, or both, is the penalty Imposed by the measure.

GRAIN GAMBLERS HAIL VICTORY Illinois Legislature Fails to Act on Lantz Bills. CHICAGO, June 16.—Gamblers in the Chicago wheat pit hailed with joy today the news that the State Legislature at Springfield had left marooned and apparently dead, so far as this legislative session is concerned, the two Lantz bills, aimed at speculative operations in wheat on the Chicago Board of Trade. The Lantz bills were sponsored by the Illinois Agricultural society, but were fought by a rival farmers' organization. Chicago wheat operators said passage of the bills would have ended the importance of Chicago as a world grain market. One of the bills would have licensed and regulated the wheat pit and its traders; the other would lave limited trading in future contracts l'or grain to the actual owners or harvesters or their agents.

CHICAGO FRODUCE. CHICAGO, June 16.—Butter—Receipts, 11490; creamery extra, 32%c; extra firsts, 31®81%c; firsts 27®31%c; packing stock, 16® 17c Eggs—Receipts, 10,079 cases; current receipts, 22@23c; ordinary firsts, 20®21c; firsts, 23%®24c: extras. 20c; checks, 18® 19c ; dirties 19@20e. .CheeseTwins, (new), 14c; daisies, 13%@14c; young Americas. 14®14%c; longhorns, (Slavic: brick, 14%®15e. Live PoultryTurkeys, 30c; chickens, 26@27c; springs, 30®40c; roosters, 14c; geese, 10@23c: ducks, 25@2Sc. Potatoes—Receipts 40 cars; new' Loutsianas $2.50®2.65; Virginias *4; North Carolina Cbbblers, $2.75®3.50.

American Telephone & Telegraph Cos. 127th DIVIDEND. A quarterly dividend of Two Dollars and Twenty Five Cents per share will he paid on Friday. July 15, 1921, to stockholders of record at the close of business on Monday, June 20, 1921. H. BLAIR-SMITH. Treasurer.

1 ®fi Y State S’v’g’s & Trust Ctnnlr N lonn N (ell Stevenson Gear SIOCK

WORLD HORROR MADE POPULAR TWO NEW IDEAS. Each Nation, However Small, Has Right to Direct Its Own Destiny. By FREDERICK J. HASKIV. WASHINGTON—A new figure on the troubled scene of international relations is the publicity agent who represents a small nation trying to get the recognition of larger ones for its right to an independent existence. The splintering of national boundaries which the war brought about, as we all know, produced a large crop of new nations. It also brought before the whole world two principles, which, if not new, were at least for the first time made popular. These principles were the “right of self-determination” and the “rights ofl small nations.” or as one wag puts lv since the Versailles negotiations, “thfl small rights of nations ” It is true that the old-line diplomat* and politicians who made the peace and who have held the reins of power in Europe ever since, made light of these principles. The right of a people to determine its own political destiny has scarcely anywhere been made good, and the rights of small nations have appeared to be whatever the large nations found it convenient and profitable to allow them. those two principles hava lecome more than mere phrases for ths simple reason that they have been grasped by millions of men. They have not been put into execution, but they have been enormously advertised. The peoples of these small nations cling to them with desperate hope, and cry out, above the clash of armies and the sonorous rumble of diplomacy, to the people of other nations. The whole world has grasped the idea that a small and weak nation may have rights, which it is not strong enough to enforce, but which must nevertheless be enforced for the sake of justice; Just as a small or weak man has righrs other men protect for the sake of principle. This principle of justice and cooperation instead of force and fraud is but imperfectly enforced between man and man, and force and fraud often triumph. As between nations force and fraud seem to triumph almost always. Yet it is by evolving this principle of justice and trying to live up to it that men have been able to emergo from the Jungle, and live together in larger and larger units—first in families, then in tribes, and finally in great and well organized states. The extension of this prineiple to the dealings of nations, so that the whole world may become the safe home of all men. is surely the next step. It is an ideal, end you may damn it with the adjective Utopian if you wish but it is the next step on the long roai the race has been traveling ever since it* came down from the trees. THE CASE OF LITHUANIA. So the small nation, addressing It* plea to the conscience of the world, deserves some attention. And where is it to get that attention unless through the newspapers? Take the republic of Lithuania, for instance. In medieval times it was a great nation, as nations went in those days. Its kings claimed a large territory and controlled it more or less successfully. In the course of time Lithuania became a province of Russia, but it always remained distinctive. The chief reason for this is that its people are not Slavs, nor Asiatics, of any other kind, but are tall blonde Nordics, of the same race that has given England and America some of their best stock. This Baltic littoral on which Lithuania is situated is said by anthropologists to be the original home of the Nordic type of man. Its cold and cloudy climate evolved his light coloring and high thin nose, suited to breathe cold damp air. From this region the Nordic type has spread over the whole world, all except the tropical and semi-tropical parts, which are not iclimatically suited to it. When the crash came in Kussls, Lithuania seized the opportunity to set's up an independent republic. This republic was not in the least like the Russian government, but modelled after our own. Having thus resisted the Bolshevik propaganda, of which the allied nations are so fearful, Lithuania ought to have had their sympathy. But Poland claimed a large part of the Lithuanian territory, and has seized about one-third of it. 1* is said a plebiscite would show beyond a doubt that the population of Lithuania is overwhelmingly in favor of • Lithuanian republic and against Poliak domination. But France wants a large and strong Polish nation as a buffer between her and Russia, and she has been trying to set up such a Poland ever sine* the war, with somewhat distressing results. Hence France is against the claim* of Lithuania an Independent existence,, and in favor of giving most of tb4 Lithuanian territory to Poland. ENGLAND’S attitude. England, on the other hand, Is said to be favorable to the Lithuanian aspirations, and this Lithuanian problem Is said to be one of the several which are straining relations between Britain and France. In this, as In so many other European matters, the United States holds a sort of balance of power. If the United States should extend formal recognition to the . Lithuanian republic, its case would toe enormously strengthened, probably won. That is why Lithuania has hired a press agent, aud put him here in Wash* { ington to tell the imerican people all about Lithuania and her aspirations. If the American people, through their newspapers, can be convinced that the Lithuanian republic should be recognized, it probably will be recognized by the American Government in due course. Meantime, most of the American publlo does not even know that there is a Lithuanian republic. Its official publicity agent, Mr. M. E. King, is up against one of the hardest jobs a press agent ever tackled. The methods of putting over a movie star or a candidate for Congress are well known and systematized, but when it comes to putting over anew republic, the great profession of publicity has anew problem to solve.

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