Indianapolis Times, Volume 34, Number 48, Indianapolis, Marion County, 7 July 1921 — Page 9
STOCK ISSUES SUFFER LOSSES Unsettled Tone to Trade During Final Hour. YORK, July 7—The stock mar!t closed unsettled today, most of the ] •ding Issues being In large surply in )e late dealings and losses of from 1 > o S points from the high levels were , recorded. United States Steel fell % of a point : p 74%, Baldwin broke over 3 points to ; 4*4- and United States Rubber fell nearly ' Mats to 53%. The railroad shares also reacted from 1 to 2 points. Reading dropped to 68*4 and Northern Pacific to 7314. Mexican Petroleum, after selling at 02%, yielded to 98% and Pan-American ell over 2 points to 48. Studebaker was 3 points below its early high at 79%. Total sales today were 847.100 shares; bonds. $12,306,000. (By Thomson & McKinnon.) —July 7 In view of the most recent development* in the stock market if beomes lecessary to view the immediate future !rom two sides, the market's technical position and what, if any, Influences are lk*ly to dominate the market. From a technical standpoint there can b* no doubt but that the position of the market has been weakened. A short interest, whether concentrated or scattered, is always a source of support. It is an added buying power in the market. There can be no question but that the short Interest has been either eliminated or very materally reduced. But when we consider the market from the standpoint of fundamentals, we are mmaiiately confronted with the ail-irn-kflroint question, “What influence Prompted such a Ltg change?” especially ■hen we find nothing on the surface to suggest an answer. Is it not likely that ■he constant effort on the part of this Ikd ministration to help business, both core and abroad, is having an effect pn the minds of traders? Every utterance from those in a commanding position is helpful and encouraging, and suggests a unity of purpose in Washington to speed the return of activity and prosperity. Prom a strictly market standpoint, we feel that it would be entirely permissible to proceed ou the assumption r hat from Bow on there will be a friendlier attitude toward the market, and support may oe looked for from time to time Therefore, reactionary periods should be met with buying order*. TWENTY STOCKS AVERAGE. ■ NEW YORK, July 7—Twenty industrial stocks Wednesday averaged 6956, np 2 IS per cent. Twenty active rails averaged 72.26, up 1.93 per cent. CLEARING HOUSE STATEMENT. NEW TORK. July 7—Exchanges, $651.600,000; balance, $76.500.000: Federal Reserve Bank credit balance, $68,700,000. Money and Exchange Indianapolis bank clearings Thursday were $2,730,000. ’ NEW YORK, July 7.—Foreign exchange opened steaay today, with demand sterling %c lower at $3.71. Francs' were % centime higher at 7.93 c for cable* and 7-92 c for checks. Lire cables bles were 7.83 c; checks. 7.82 c. Guilder cables were 32.68 c; checks. 32.66 c. Swedish kronen cables were 21.80 c; checks, 21.7be. Marks were 1.32%c. | NEW YORK CALL MONEY. NEW YORK. July 7.—Money—Caß money ruled % rer cent; high, 5% per Mnt; low, 5% per cent. Time rates. Steady; all 6% per cent. Time mercau■ile paper, steady. Sterling exchange ►as heavy, with business in bankers' bills 5t $3.70% for demand. i MOTOR SECURITIES. (By Thomson & McKinnon.) —July 7 —Hosing—; | - Bid. Ask. ‘Bris-oe 10 11 Chalmers, com 1 1% Packard,, com 7 7% Packard, pfd % GO 62 Chevrolp, ].Yt pys Peerless 22 24 Com. Motor*, com 36% Font. Motor*, pfd 70 73 Hupp, com 11% 12 Hupp, pfd 85 90 Reo Motor Car 17% 17% * Elgin Motors 4% 4% Grant Motors 2% 2% Ford of Canada 245 255 United Motors 30 60 National Motor* 5 8 Federal Truck 15 17 Paige Motors 13% 15 ReputUc Truck 12 14 ACTIVE OIL STOCKS. (By Thomson A McKinnon.) —July 7 —OpeningBid. Ask. ■uckeye Pipe Line 76 So H *eb rough Mfg. Con 160 175 ■ant. Oil, Colors do 107 112 iCrescent Pipe Line 20 29 [Eureka Pipe Line 82 8* Galena-Signal Oil, pfd. 31 33 , Galena-Signal Oil, com 88 93 Illinois Pipe Line 150 153 National Transit 23 25 Northern Pipe Line ........ 88 93 Ohio Oil 248 252 Penn.-Mex 20 23 Prairie Oil and Gaa 420 435 Prairie Pipe Line 175 185 Solar Refining 333 350 Southern Pipe Line 81 85 South Penn. Oil 163 179 Southweet Penn. Pipe Lines. 58 63 Standard Oil Cos. of Ind 63% 66 Standard Oil Cos. of Kv 380 400 Standard Oil Cos. of Neb.... 130 150 Standard OU Cos. of N. Y... 309 3!s Standard Oil Cos. of 0hi0... 800 3o Swan A Finch 25 30 Vacuum Oil 265 275 Washington Oil 28 32 NEW TORK CURB. (By Thomson A McKinnon.) —July 7 —— Closing Bid. Ak>rd. Curti* Aaro com 1% 3% Curtis Aero pfd 10 13 Texas Chief 6 12 Flr*t Natl. Copper 40 60 Goldfield Con 6 8 Havana Tobacco 1 1% Havana Tobacco pfd ..3 6 Central Teresa 1 2 Jumbo Extension 4 6 lot. Petroleum 12% 13 a*ing 4% 4% dard Motors 5 7% Creek 10 10% Tonopab Extension .... 1% 1 7-16 Tonopah Mining 1% 1% United P. S. new 1% 1% U. S. Light and Heat... 1 1% U. 8. L. and H. pfd .... 1% 1% World Film 10 16 Yukon Gold Mine C 0... 1 1% Jerome 14 18 New Cornelia 14 14% United Verde 20 24 Sequoyah 20 28 Omar OU 1% 1% Rep Tire 40 45. NEW YORK RAW SUGAR. XUW YORK, July 7.—Raw sugar was steady here on the market today. Porto Ricos sold at 4c per pound, delivered. NEW YORK REFINED SUGAR. NEW YORK. July 7.—Refined sugar | was firm on the market here today, with fine granulated quoted at 5.2<5i5.4c per pound. NEW YORK COT-FEE. * NEW YORK. July was steady on the market here today. Opening options were 1 to 11 points higher. Rio No. 7 on Bpot sold at per pound. NEW YORK RICE. YORK, July 7.—Rice was in gwbd export demand on the market here today. Domestic was quoted at 2%® 6%c per pouud. NEW YORK PETROLEFM. NESV YORK, July 7.—Petroleum was weak on the market here today, Pennsylvania crude oil selling at $2.25 a barmL
‘ N. Y. Stock Price —July 7 Prev. High. Low. Close, close. Allied Chemical 39 38% 35% 38% Ajax Rubber.... 22 21n 22 21% Allis Chalmers.. 33% 32% 33 32 Am. Agricul.... 37% 36% 36% 37 Am. Beet Cugar 30% 271* 27% 29% Am. B. Mag. Cos. 36 35% 36% Am. Car & Fdy..126% 125 120% 124% Am. Can 27% 27% 27% 27 Am. HAL com 11% 11 11% 11 Am. II & L pfd. 53 51% 52 51% Am. Drug 4% 4% 4% 4% Am. Inter. Cor. 37% 35 35 36% Am. Linseed.... 24% 24% 24% 23 Am. Loco 83% 82% 82% 82% Am. S. A Ref... 39 38% 39 38% Am. Sugar Kef. 73 68 68% 72% Am. S. Tob. Cos.. 55% 54% 55 54% Am. Steel Fdv. 27% 25% 26 26 Am Tel. A Te1..103% 103 103 192% Am. Tobacco.... 120% 119% 120 120 Am. Woolen 73% 69 69 72% Ana. Min. C 0... 39 38 38% 38 Atchison 83% 81% 83 81 V>. Atl. Gulf A W.I. 28 26% 26% 28^, Baldwin L0c0... 77% 74% 74% 76->s B. & 0 40% 38% 38% 39% Beth. Steel (B). 51% 49% 49% 50% Colifor. Pete 40 39 39 39% Can. Pac. Ry... 113% 111% 111% 112 Cent. Leather... 36% 35% 35% 35 Chandler Mot... 35% 52% 52% 51 C. A 0 56% 55% 67% 55% C., M. A St. P.. 28% 27% 27% 27% C-.M. A St.P.pfd. 42% 40% 41% 41% Chicago AN. W. 67% 65% 60% 66 C.. R. I. A P... 33% 32% 82% 33 C.R.IjAP.CCrpfd. 64% 04% 64% 64% C.R.1.AP.7'7 pfd. 74% 74 * 74% 73 Chili Copper 10% 10% 10% 10% Chino Copper... 24% 24 24% 24 Coca Cola 30% 29% 30 30 Columbia Gas... 56% 55% 55% 50 Columbia Grap.. 5% 5% 5% 5% Conaolidat. Gas. 87% 86% 80% 87% Continental Can 44 44 44 44% Cosden OU 29% 28 28 28% Corn Products.. 68 66% 66% 68 Crucible Steel... 60% 57% 57% 59 Cuban .Am. Sug. 14 13% 13% 14 Cuba Cane Sug. 9% 9 9 9% Dome Mines ... 17% 17% 17% Endlcott 61% 59 60 59% Erie 14% 13% 13% 13% Erie Ist pfd.... 20% 20 20 20 Famous Players 57% 66 56 57% Fisk Rub. Cos.. 13% 12% 12% 12% Gen. Asphalt... 54% 51% 52% 53% Gen. Cigars 57 57 57 Gen. Electric...l29% 128% 128% 128% Gen. Motor* ... 11% 11 % 11% 11% Goodrich 31% 31% 31% Gt. North, pfd.. 71% 68% 68% 70% Gt. North. Ore. 29% 28% 28% 27% Gulf States Stl. 35 34 34% 33 Houston Oil 56% 54 54 % 54% Illinois Central. 92% 91% 92% 01 Inspiration Cop. 33% 33% 33% 33% I ntorboro Corp. 3% 3% 3% 3% Invincible Oil.. 12% 12 12% 12 Int. Harvester.. 82% 80 80 82% Inti Nickel 14% 14 14 14% Inter Paper.... 56% 54 54 55% Is! Oil A Tr... 32% 33 K. C. South.... 27% 26% 26% 20% Kelly-Spring. .. 40% 38% 38% S8 Kennecott Cop. 20% 19% 19% 18% Lackawana Stl. 41 39% 59% 40 Lehigh Valley.. 52% 51% 61% 51 Lee Tire 27% 27% 27% Loews, Inc. 10% 10% 10% 10% L. A X... 117% 116% 117 116% Marine com .... 11% 11 11 .... Marine pfd .... 49% 49 49 49% Mex Pete 102% 97% 99% 101 V, Miami Copper.. 22% 21% 22% 21% Mid. S. Oil. .. 11% 11 11% 11% Midvale Steel... 24% 24% 24% 24% Mo. Pacific 21% 20% 20% 21% Mo. Pac. pfd... 40% 39% 39% 40 Nat.E. A S 46% 46 46% Nat. Lead 76 76 76 75 Nev. Con. Cop. 11% 11% 11% 11% N. Y. Airbrake. 59 59 59 58 N. Y. Central. 72% 70% 70% 70% New Haven 10 18% 18% 18% Nor. A West 97 96% 97 96% Nor. Pacific.... 75% 72% 73% 73 Ok.P. A R.C0... 2 1% 2 1% Pacific Ou 36% 34% 34% IT* Pan-Am Pete.. 50% 48 48 50% I’enn Ry 85% 35 35 % 35% People's Gua o 2 31% 51% 53 Pleree-Arrow ... 20% 19% 19% Ivs* Pere Marquette.. 21% 20% 21% 20% Pitts Coal 57 56% 56% 53 P. Steel Car.... 72 71% 72 70% Pull. Pal. Car.. 96% 98 96 % 97 Ry. S. Springs.. 83 83 83 S3 Pure Oil 27 26% 26% 27 Reading . 70% 67% 6*% 68% Rep I. A S 50% 46% 48% 50% R Dutch X. Y. 56% 56% 56% 56% S Roebuck <2* 66% 67 C 7 Sinclair 21% 20% 20% 21% Sis -Shes. S. Al. 35 - 34% 85 34% South. Pac 76% 75% 75% 75% Southern Rv... 21% 21 21% 2"% St. LA S. W... 25% 24% 24% 24% Std OU N J pf 1 i1 6% 106% 106% 106% St LA S F com. 25 24% 24% 25 Stromherg Carb 35% 34 85% .33% Studebaker 82% 78% 79% 79% Tenn. Copper... 7% 7% 7% 7% Texas Cos 34% 3.3A; 33% 33% Texas A Taclfic 24% 23% 23% 24 Tobacco Prod. 53% 454 54 55% Trans. Oil .8% 8 8 7% Union Oil 10% 18% 18% 19 Union Pacific. 121% 119 119% 119% Untd. Ret Strs 55% 54% 54% 55% U. S. Food Pro. 1% 17% 18 17% United Fruit. . .107% 1005% 1p6% 1u5% United Drug.... 85% 85% 85% 85% r. S. Ind Alco. 55 53% 54 53% r. S. Rubber.... 59 52% 53 53% U. S. Steel 76% 74% 74% 75% l'. S. Steel pfd. 109% 109 109 100 Utah Copper ... 51% 49% 49% 49% Vanadium Steel. 31% 30 80% 29% Vir-Car. Chera.. 28% 27% 27% 25% Wabash 8% 8% 8% 8% Wabash Ist pfd. 23 22 22 22% White Oil 9 9 9 9 ‘ Western Union. 86% -86% 86>5 86% Westba Elec... 45% 44% 45% 44% White Motors... 33 33 33 32% Willy*-Overland.. 7 'A 7 7 7% Wilson A C 0..,. 35 35 35 Worth. I'ump... 45% 44% 44% 42 NEW YORK LIBERTY BONDS. —July 7 Prev. High. Low. Close, close. Libertv B%s 86.7S 86.60 86 63 80.70 Liberty Ist 4s . 87 56 87.34 87.34 87 40 Libertv 2d 4s . 87 12 87.08 87.12 K 7.10 LibertV Ist 4%5. 87.56 87 34 87 46 87.50 Libertv 2d 4%5. 87.30 87 16 87.20 87.20 Libertv 3d 4%5. 91 10 91.00 0102 91.04 Libertv 4th 4%5. 67 46 87.28 87 28 87 34 Vietorr 3%s 98.38 98.30 98.36 98.36 Victory 4%s 08.38 98.30 98.30 98.36 CHICAGO STOCKS. (By Thomson A MoKiunon.) —July 7 Open. High. Low. Close. Armour Leather. 12% Armour r>fd 86% Carbide A Carb. 42% 43% 42% 43 National Leath. 6% 6% 6% 6% Sea rs-Roebuck... 68 69 67 67 ! Stewiwt Warner. 24% 25% 24% 24% Swift A Cos 90% 90% 90% 90% Swift Inti 24% Reo Motora 17% NEW YORK METAL MARKET. NEW YORK, July 7. —Copper—Dull; spot and September offered, 12%c. Lead Steady; spot, July and August offered, 4.53 c. Spelter—Quiet; spot and July offered, 4.35 c; August, 4 45c. NEW YORK HIDES. NEW YORK, July 7.—Hides were firmer on the market today. Native steer hides sold at 13®14c and branded steer hides at 13%c per pound. NEW YORK WOOL. NEW YORK, July 7.—W00l was quiet on the market here today. Domestic fleece. XX Ohio, was quoted at 24®39e per pouud; domestic pulled, scoured basis, nt 18@75c, and Texas domestic, scoured basis, at 40®ROc. NEW YORK TURPENTINE. NEW Y'ORK, July 7.—Turpentine was steady on the market here today, selling at 57%c per gallon. INDIANAPOLIS PRODUCE. Eggs—Fresh, loss off. 23*g24“. Poultry Fowls, 18® 22 c; springers, 1%@2 lbs. 25fig33c: cocks. 9;gToc; old tom turkeys. 25c: young hen turkey*. 30o; cull, thin turkeys not wanted ; young tom turkeys, 80c; ducks under 4 lbs, 15c; spring ducks, 20c; geese. 10 lbs and up, 11c; squabs, 11 lbs to dozen. $5; guineas, 9-lb size, per doz, $2. Butter—Buyers are paying 34*g35c per lb for creamery butter, delivered iu Indianaoplls. , Butterfat —Buyers are paying 28c per lb for butterfat delivered In Indianapolis CLEVELAND PRODUCE. CLEVELAND, July 7.—Butter—Extras iu tubs. 43®43%c; prints. 44®44%c: extra firsts, 42%42'jc; firsts. 32®41%c: seconds, 338*33%; fancy dairy, 22®31c; packing stock. 13%f<fl8o Eggs—Fresh gathered, northern extras, 31%; extra first*, new cases, 27;. Poultry—Live heavy fowls, 27® 28c; roosters, iulglOc; broilers, 30® 43c; live spring ducks, 25(a 28c.
SWINE VALUES UP 15 CENTS Trade in Cattle Livelier— Calves Higher. RANGE OF HOG PRICES. Good Good Good June Mixed Heavy Light. !8. s.Bs@ 8.95 s3.Bos® 8.55 9.00 SO. 9.00 9.00 9.00 July 1. 9.15 9.15 9.15® 9.25 2. 9.15 9.Vue 9.15® 9.20 6. 9.35 9... 935 8. 0.75 976 a 9.75 7. 9.90 9.90 r 9.90 Swine price* were 15c higher on the •ocal live stock exchange here today, due principally to light receipts and a good demand by both local packers and shippers with orders from eastern cities. The fact that the hot weather Is causing some difficulty in the movement of swine to the markets is another contrlbuiug factor to higher prices. Practically all good hogs of all giaaeS; brought $9.90. Pigs sold at that figure and down, while roughs brought $8.50, and down. , . . I Receipts for the day approximated 7,000, while there were less than 100 swine left over from the market of the day before. A good clearance for the day was anticipated. There was a much better tone to trade on the caitle market and prices of most grades o cattle were higher. Good heifers were fully 25e higher, while common grades wer estrong. There was also a better demand for cows than has been shown for some time and prices were strong to 25c higher in cases. The demand for steers were improved and most packers stated that prices on that grade were fully 25 cents higher, while some said that it looked to them as If prices were 50 cents higher There were a few light heifers that sold at high premiums, but those sa es could not be considered within the general market. Receipts for the day were light at close to 500. With 600 calves on the market and several shipping orders in, prices were generally 50 rents higher There was a top of sl2 on choice veals, while the bulk of that grade of calves sold nt [email protected]. Good calves brought sloso@ll and mediums, $9.50(310.50 Other grades were higher tn proportion. There were close to 500 sheep and iambs on the market and prices were steady to strong, with top lambs selling at $9 30 The hulk of the good and choice lambs sold at sß®9 Bucks brought $1.50 and ewes. $1 504*2.50 Cull sheep sold as low as 50 cents Common grades of lambs sold at $5.50<3i7.50. HOGS. Best light hogs, 100 to 200 lhs average $ 990 200 to 300 lhs 9 90 Over 300 lbs 9 75 Bows 7.50*3 8.50 Stags 5 00(3 7.00 Best pigs, under 140 lbs. .. 9.50(3 990 Bulk of sales *.... 9.90 CATTLE. Prime eornfed steers, 1,000 lbs and up 7.25*3 9.25 Good to choice steers, 1,200 to 1.300 lbs 6.50*3 8.25 Good to choice steers. 1,100 to 1 200 lbs 6 75(3 700 Medium steer*. 1,000 to 1.100 lb* 6.00(3 7.00 Common to medium steers, 800 to 1.000 lbs 5.50*3 6.50 - Heifers and Cow*— Good to choice heifer* 750 n 850 Medium heifers ... 6.25<j| 700 Common to medium heifers... 5 25*3 625 Good to choice cows 5 00 3 600 Fair to medium cows. 4 00*3 5.00 Cutters 2 00*3 3 00 Cunners 1.00*3 1.75 —Bulls— Good to choice butcher bulls 5 00*3 550 Bologna bulls 4 00*3 4 75 Light to common bull* 3 50*3 4.50 —Calves— Choice veals 11.00<fi 12.00 Good veals 10.50® 11.00 Medium veils 9.s*>(ct 10.50 Lightweight veals 7 00(3 9.00 Common heavyweight veals.. 6.00® 7.00 —Stockers and Feeders — Good to choice steers under 800 lbs 5 00® 600 Medium cows 2 50*3 3 75 Good cows 2 041(3 3.50 Good h"ifer* 5.00® 6.00 Medium to good heifers 4 00'<j 5 o<l Good milkers 25 00 375.00 SH&IP and lambs Ewes • .50® 2.50 Lambs s.oo(fet 9 50 Rucks 1M Other Livestock ! i CHICAGO, July 7—Hoes—Receipts. 28.000: market, steady to 10c up; bulk, $9 ai* 70. butchers. $9 25*qli 65 pa.:. .>s '1*9.40; lights. $0 55ft9 SO: pigs. $8 05(3 9.35: roughs, sß®s *“ Cattle -Receipts. 5,000; market, 15®23c up, beeves, $4 2543 6,50; butchers. st.2s4ri*s; ..-inner-* and cutter*. $1.75*3,3.75: Stocker* and feeders, $5.75437 50; cows, $3.75**40.75 . a:ves ->*/ 10. She. p—Receipts, 10.000; market, strong to 25c up; lumlis. $5(48.50; ewes, s3@3 23. CINCINNATI, July 7 Hogs—Receipts. 4.500; market, strong to 25c higher; all grades of good hogs, $10; roughs, $7 75 and down; stags, $5 75 and down. Cattle —Receipts, 1.400; im*rket, slow steady; bulls, firm; calves, $10.5(>®11.30. Sheep and lambs—Receipts, 8,000; market, strong; owes, $1434; bucks, $3. choice lambs, sl2; seconds, 57Q7.50; culls, $3 @5. CLEVELAND, July 7 nogs—Receipts, 4.000; market active. 1(8’ lower; yorkors, $10; mixed. $10; mediums, $10: pigs, $10; roughs, $7.50; stags, $5.50. Cattle -Receipts, 310: market slow, steady. Sheep and lambs—Receipts. 1.000; market slow and steady; top, sl2. Calves—Receipts, 450; market active, 50c up; top. sl2 50. EAST BUFFALO, July 7—Cattle—Re celpt*, 300; market slow, steady; shipping steers, $5 70® 8 33: butcher grades. 57®7.50; cows, s2®s. Calves—Receipts 204*: market active. $1 up: hulls, choice. $54313. Sheep and lamb*—Receipts. 400: market active, higher: choice lambs, sl2 *0 12 75; culls to fair, s7® 1175; yearlings, $0439; sheep, $143 0. Hugs—Receipts - 2,000: market active, steady: yorkers. $10.35 43 10.50 ; pigs. $10.50® 10.75: mixed. $10.25 ® 10.35 : heavies. $10.20@ 10.35 ; roughs. $7 (3.8; stags, ss(go. PITTSBURGH, July 7—Cattle— Re seipts light' market steady; choice, $8.25 ®.S 50; good. $8®8.50; fair, $7 75®3 23; veal calves, $)1(t4i1.50. Sheep and lambs —Receipts light; market steady;; prime wethers. $5.25®3.30; good, $4 30@5; mixed fair, $3.2?>(@4.2f>; spring lambs. sll ®l2. Ilogs- Receipts, JO double decks; market steady; prime heavies, $9.50®0.25; heavy yorkers, $10.504310.70; light york ers. ' $10.30® 10.70; pigs, $lO 504® 10.70 ; roughs, [email protected]; staga, [email protected]. EAST ST. LOUIS, July 7.—Cattle—Receipts, 1.000; market, steady; native beef steera. sß4*/8.25: yearling beef steers and heifers, $8.25440; cows, ss®)s; stockers and feeders, $5 50® 6 90: calv*-s. $9(3/9.50; cruners and cutters, $1.50®2.75. Hogs— Receipts, 6.500; market, 10®15c up; mixed and butchers, $9 H.'.4g)9 90; good heaviea. $9.00(g,9.85; rough heavies, $4j.75®,8 ; lights, $9 7. r >®9 85; pigs, $9.15®9.75; bulk of sales. $9.704®9.85. Sheep—Receipts, 18,000; mar ket, 25c up: ewes, $3.50434.25; lambs, $0.504tt10; canners and cutters, sl@3. Local Curb Market (By Newton Todd.) —July 7 Bid. Ask. American Hominy com 14 22 Burdick Tire A Rubier 1% 3% Capital Film Cos 1 2% Choate Oil 1 2 Columbia Fire ins. Cos 6% 8% Comet Auto 1% 2% Duesc-nberg Motor Car com.,, 5 10 Elgin Motor Car 4 5 Fed Fin. Cos. com 125 135 Gt. Sou. P. A Ref. unit;.... 5 6 Haynes Motor com 11.8 ' Hurst A Cos. com 1% 2% Hurst A Cos. pin B 4 70 Ind. Rural 4’redlts 64 75 Ind pis. Securities pfd 4% 5 Majestic Tire A Rubber 10 IS Metro. 5-50 e Stores c0m.... 12 16 Metro. 5-50 c Stores pfd 43 49% Robbins Body C v *rp Unit*. -5 00 Stevenson Gear Cos. com 5% 7% Stevenson Gear Cos. pfd 4 C% U. S. More Cos. Unit* 162 175
INDIANA DAILY TIMES, THURSDAY, JULY 7, 1921.
Local Stock Exchange • —July 7 STOCKS. Ind. Ry & Light com 00 Ind. Ry A Light pfd 70 Indpls. A Nw. pfd 75 Indpls. A Southeastern pfd 75 Indpls. St. Ry 40 T. H. T. & Light pfd T. H., I. A E. pfd U. T. of Ind. com U. T. of Ind. Ist pfd 7 U. T. of Ind. 2nd pfd 2 Advance-Kumely com 13 Advance-Rumely pfd American Central Life 235 ... Atu. CTeosoting pfd 91 Belt R. R. com 52 Belt R. R. pfd 47% ... Century Bldg. Cos. pfd 93 Citizens Gas Cos 27% 30% Dodge Mfg. Cos. pfd 89% ... Home Brewing , 48 Indiana Hotel com 60 ... Indiana Hotel pfd 90 Ind. Nat. Life Ins. Cos 4 Ind. Title Guaranty Cos 59 65 Ind. Pipe Line 72 Indpls. Abattoir pfd 40 60 Indpls. Gas..' 41 50 Indpls. Tel. Cos. com 2 Indpls. Tel. Cos. pfd 90 Mer. Pub. Util, pfd 40% ... National Motor Car Cos 4 8 Pub. Sav. Ins. C 0...., 4% ... Rauh Fertilizer pfd 40 Stand. Oil of Ind 64% ... Sterling Fire Ins. Cos 8 9 Van Camp Hdw. pfd 92% ... Van Camp Prod, let pfd 100 Van Camp Prod. 2d pfd 102 Vandalia Coal Cos. pfd 4% 7% Vandalia Coal Cos. com 3% Wabash Ry. Cos. pfd 21 ... Wabash Ry. Cos. com BONDS. Broad Ripple 5s 50 ... Citizens St. Ry. 5s 69 ... Ind. Coke A Gas 6s 100 Indian Creek C. A Min. 65... „ . 100 Indpis.. Col. A South. 55.... 88 ... Indpls. A Martinsville 55.... 43 Indpls. A N. W. 5s 41% 57 Indpls. A N. W. 5s 55 Indpls. A S. E. 0s 70 Indpls. A S. E. 6s 60 Indpls. St. Ry. 4s 55 65 Indpls. T. A T. 5s 68 73 Kokomo, M. A W. 5s 74 ... T. H„ I. A E. 6s U. T. of Ind. 6s 50 65 Citizens Gas 5s 72 72 Ind. Hotel Cos. 2d 6s 93 Indpis Gas 6s 72 79 Indpls. Light A Heat 5s 75 79 Indpls. Water 4%s 65 69 ludpls. Water 5s 86 91 Merchants Heat AL. ref. ss. 89% 94 New Tel. Ist s 94 New Tel., Long Distance, ss. 93% Southern Ind. Power 6s 100 LIBERTY BONDS. Liberty first 3%s 86.40 86 70 Liberty first 4%s 87 20 .... Liberty second 4%s 37.'(6 .... Liberty third 4%s 91.t*> .... I. ty fourth 4%s 87 10 .... Victory 3% 8 08.00 , Vi, tory 4%s 98.18 .... -Sales--20 shares Belt 1% . pfd at 45. sl,ouo Indianapolis Gas 6s at 73%. Weather j The following table shows the state of ■ the weather at 7 a. in., July 7. as ob served by U. 8. Weather Bureaus: Station Bar. Teinp. Weather. Indianapolis, Ind. . 30 07 7S Ptl ldy Atlanta, Ga 3008 72 Cloudy Amarillo, Texas,. 30.14 64 Clouay liistuar -k, N. D.... #0 06 62 Clear Boston. Mass 80 06 74 Cloudy Chicago, 111 30.02 82 Clear (fincinnati .0hi0... 30.08 78 Clear Cleveland, 0hi0... 30.10 7H Clear : Denver. Colo .... 30 10 62 Clear Dodge City, Kan.. 30 12 64 Clear ! Helena. Mont 30 04 58 Clear Jacksonville, Fla... 3006 78 Clear Kansas City Mo 80 02 SO Clear Louisville, Ky 30 08 78 Clear Little Hock. Ark . 29 90 78 Cloudy Los Angeles, Cal.. 20 88 60 Cloudy Mobile. Ala. 29 92 76 PtCMy New Orleans. La .. 29 92 80 PtCldy New York. N. Y. .. 30.12 72 Cloudy Norf-dk. Va 30 16 78 Clear DU homa City 30.06 74 PtCldy < media. Neb. 30.02 71 Clear Pbdud.’lphla Pa.. . 30.14 76 Cloudy Pittsburgh. Pa. 30 14 78 Clear Portland, tire 30 04 68 Clear Rapid City, S. D... 30.10 60 Clear Itoseburg Ore 30 04 54 Clear San Antonio, Texas 29 96 76 Clear San Francisco, Cal. 20 V 1 68 Clear St Louis Mo 29.96 B*l Clear St Paul." Minn... 29 98 74 Cloudy Tampa Pin 3'>o4 Th PtCldy Washington, D. C.. 30.14 76 Clear WEATHER CONDITIONS. Since Wednesday mornln* showers have occurred In the southern States from the central Gulf region eastward, and at scattered points between the up. per Ml* cstdppl Valley and the western LnJ.es region and In New* Mexico. In other set I on* the weather has been generally fair. High lemiierabirci continue east of the plal n "*tntea, ami the read tng* In the Ml**l-I|>l>i and Ohio valleys edne.id!iv afternoon ranged from 90 degrees to 102 degrees. CORN AND WHEAT BULLETIN. For the twenty-four hours ending at 7 tn !i<>th meridian time, Thursday, July 7, 1921 : * Temper-1 ature |a* Station* of tn -'“of Indianapolis f- oj District. IZ £=s t? K til 11* South Bend I 09 I 75 I 0.02 j Good Angola ! 9.8 72 ! 0 Good Ft. Warns 90 72 * 0 Wheatfl' ld j 99 72 1 0 ! Good Itoval Center I 9(1 72 0 Good Marl >n p>o 72 | n c,*,od Lafayette j9B 68 1.01 1 Good Farmland 98 70 | 0 ; Good Indlanapol.s ....’O6 70 j 0 i (lood (Cambridge City.. 94 68 ; 0 Good Terre Haute 98 74 j 0.20 Good Bloomington .... 98 ; 09 ■ 0 i Good Columbus |96j 60 I 0 : Pair Vincennes 102 75 ! 0 Good Paoli 97 75 J 0 j Good Evansville ' US 70 ; 0 J H AH MING TON, Meteorologist. Weather Bureau. Ia the Cotton Market j NEW Y'ORK, July 7. Rather active buying at the opening of the cotton roar- ; ket this morning, led by New Orleans and ! Wall street interests aud based chiefly on the stronger cables, caused an initial upturn of 5 to 9 points. Further support after the start carried the list about 15 points higher nt the end of the first fifteen minutes. New York cotton opening: July, 11. October, 12.55 c; December. 15.08 c; January, 13.14 c; March, 13.40®13.44c; May, 13.66 c. The market wna steady In the late dealings. closing at a net advance of 13 to IS points. —Cotton Futures— Open. Illch. Low ('lose. January 13.14 13.33 18.14 13.22 March 13.47 13.63 13 47 13.53 May 13 66 13.66 13.06 13.78 JulV 11 83 12.04 11.8.3 11.93 October 12.55 12.76 12.55 12.05 December 13.08 13.25 13.06 13.13 LIVERPOOL, July 7.—There was a good demand for spot cotton at the beginning of business on the market here today, with a hardening tendency in prices. Sales were close to 0,000 bales. American middlings fair, 10.27d ; good middlings, M.52d; full middlings, 8.21(1; middlings, 7.62d : low middlings. 0.62i1; goo dordlnary, 5.37d : ordinary, 4.62d. Future* opened quiet. WHOLESALE FEED PRICES. „ Ton. Cwt. Acme bran $26. (X) $1.35 Acme feed 26.00 1.35 Acme midds 27.00 1.40 Acme dairy feed 37.75 1.06 E-Z dairy feed... 30.00 1 55 Acme 11. A M 32.00 1.65 Acme stock feed 26.25 1,36 Cracked corn 31.00 1.60 Acme chick feed 39.50 2.00 Acme scratch 8(3 50 1.85 E-Z scratch 33.50 1.70 Acme dry mash 41.00 2.10 Acme hog feed 39.50 2.00 Horn lick yellow 27.(X) 1.40 Rolled barley 30.50 1.85 Alfalfa mol 33.85 1.75 Cotton seed meal..., 40.00 205 Linseed oil meal 42.00 2.15 Chick mash 44.00 2.25
GRAIN VALUES CLOSE HIGHER Continued Hot Weather in Grain Belt Factor. CHICAGO, July 7.—Continued hot weather in the grain belt, doing damage to crops, caused big increases In prices on the grain market here at the close today. Provisions went higher in sympathy with grains. July wheat opened off %c at $1.17% and closed up 3%c. September wheat opened off %e at $1.17 and closed up 3%c. July corn was down %c at 59 at the opening and closed up 2%c. September corn opened at 60c. off %e, and closed up lc. July oats opened off %c at 35c and i closed up %c. September oats opened off %c at 37%c and closed up %o. (By Thomson A McKinnon) —July 7 Wheat—An increasing number of disappointing ( thrashing rturns have i stirred up the wheat market, in addition i to which some claims of rust in Cunadu I have helped the firmness. Thrashing re- ] turn* how not only smaller yields than ; expected, but the weight per bushel is light, Illinois claiming as low a* forty- i six pounds to the measured bushel. It was claimed early that the advance in price had checked foreign demand, but , toward the Inst New York reported I.OIK>,- j 000 bushels taken, saying, at the same time, that this was probably In anticipation of export business to Greece to tho extent of 1,5<X) ; 000. It is not yet possible to say that tnere is a revival of broad ; interest in the market, but the same time, the export business being done about off set* hedging sales against purchases j from the country. Asa consequence, the market 1% more or less buoyant. The Government report, to be issued tomorrow afternoon Is based upon returns as of July 1, and while It Is expected to show some reduction from the June estt mate, It probably will not fully reflect the indicated yields as determined from thrashing returns now coming. Market is likely to prove rather uninteresting, pending receipt of this report. Corn and Oats —All advices from corn territory are favorable, at the same time it Is recognized that the tassellng stage of new crop has been reached, at which time the heat is especially effective. Unless lower’temperatures and rains, price* may rule higher. Thrashing returns on oats have stimulated some demand. These returns 1 Indicate light weight oat*. However, It will be difficult to sustain ad varices tn either corn or oats until the enormous accumulations in the visible supply urn eaten Into. Provisions —There Is a better invest niont demand for lard, coming apparently from eastern sources This demand is supplied by southwestern traders. The new demand comes with the expectation of a better export demand. CHICAGO GRAIN. —July 7 WHEAT— Open. High. Low. Close. July 1.17% 1.21 116% 1.20% Sept 1.17 123% 117 1.20% CORN— July 59 61% 59 61% Sept 00 61 * 59% Hi OATS— July 85 30 % 35 35% Sept 37% 39 37% 38% PORK—•JuIy 18.00 •Sept 18.20 LARD July 10.75 10.77 10,75 10.77 Sept 11.00 11.07 10.05 11.02 •Nominal. RIBS—•JuIy.... 10 40 Sept 10.65 10.67 10.55 10.50 RYEJuly 1 15% 1.18 115 1 17% Sept 1.03 1.07 1.03 1.00% CHICAGO CASH GRAIN. NEW YORK, July 7-Wheat -No. 1 red, $120; No 2 red, $1.20%® 122; No. 1 hard winter, $120.4123; No. 2 hurd winter. $1 21® 1.2.1; No. 3 northern spring. $128%; No. i mixed. $1.22; No 3 mixed, $1.16%. Corn No. 2 mixed. 58%®59%c; No 2 white, 59%®sX(c. No. 2 yellow, 59 ®6o%c; No. 3 mixed, 57%c; No. 3 white, 50 ?c: No. 3 ye llow, ss® .59c; No ti mixed, 52c. Oats- No. 2 white, 35% , t130%e; No. 3 white, 34<j|35c; No 4 wb.te. 32®33c. TOLEDO CASH GRAIN. TOLEDO, July 7 Wheat—Cash. $124; July, $123%; September, $1.22%; December, $1.25%. Corn- Cash, No 3 yellow, 02®|03c. oats Cash, No. 2 white, 38%jg$ 3%e. Rye—No. 2, $1.15. Barley- No. 2. 63c. Cloverseed—Cash (1920). sl3: October, $11.80; December. $11.50: Fcbrn*ijv. $11.00; March. sllsO Timothy —Cash 11920), $3, September, $3 25. October, $3.15. Alsike Cash anJ August, slu; October, $lO. PRIMARY MARKETS. (By Thomson A McKinnon.) - - July 7 —Receipts* Wheat Corn Oat* Chicago 172.000 835.000 505 (XX) Milwaukee ... lb.OJfl 90.000 78,000 Minneapolis . 251,000 10,000 22.14 o Duluth ...... 131,000 44.000 18,(XX) St Louis .... 118,000 Sa.iXX) 20.000 Toledo 3,000 3.000 8.000 Detroit 4,000 2,000 8,000 Kansas City.. 259,(XX) 31,000 9.000 Peoria k.ooo 2.000 Omaha 17,000 25.tXK) 20.0 >0 Indianapolis. . 43.000 4VOtK) 20.000 Total* X. 012.000 1 136,000 717.000 Yeur ago... 513,000 922,000 640.000 Wheat Corn Onts Chicago 60,000 62,(XX) 105,000 Milwaukee 6.000 8.000 Minneapolis . £87,000 23.000 14,000 St. Louis 67,000 4,8.000 62.000 Toledo 1.000 Kansas City.. 181.000 41,000 10,000 Poria 8,000 2.000 Omaha 85.000 73,000 6,000 Indianapolis,. 1.000 11,000 10,(XX) Totals 621.000 29;i.000 213.000 Year ago... 677,000 526,000 430.000 —Clearances* Dom W. Philadelphia 228.000 Totals 22.8,000 Year ago 614,000 INDIA NAPOLI 8 CASn GRAIN. —July 7 Bid* for car lota of grain and hay at the call of the Indianapolis Board of Trade were. Wheat—Firm: No. 2 red. *l2l Corn—Firm; No. 2 white, 60%®61%c; No. 3 white, 59%<§!60%e; No. 2 yellow, 69%©60c; No. 3 yellow, 58%®59%c: No. 2 mixed, 66%@59%c; No. 3 mixed, 57%® 58%e. Oats—Firm; No. 2 white, 37@37%c; No. 3 white, 30®30%c. Hay—Steady; No. 1 timothy, $18.50(g) 19; No. 2 timothy. $18018.60; No. 1 light clover mixed, $17.5()®18; No. 1 clover hav, slfl@l7. —lnspections Wheat—No. 1 red, 1 car; No. 2 red. 10 cars; No. 3 red. 10 cars; No. 4 red 1 car; No. 5 red, 1 car; No. 2 dark, hard, 1 car; sample, 1 car; total, 25 cars Corn—No. 1 white, 2 cars; No. 2 white, 9 cars; No. 8 white, 1 uar; No. 4 white, 2 cars; No. 5 white, 1 car; No. 0 white, 1 car; No. 1 yellow, 2 cars: No. 2 vel low, 4 cars; No. 3 yellow, 1 car; No. 1 mixed, 2 cars; No. 2 mixed, 3 cars; No 3 mixed, 1 car; sample mixed, 1 car; total, 30 cars. Oats —No. 1 white. 4 cars; No. 2 white, 9 cars; total. 13 cars. Rye—No. 2, 1 car Hay—No. 1 timothy, 1 car; No. 2 timothy, 1 car; total, 2 cars. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load: Hay—Loose timothy, new, sl7@lS; mixed hay, new, $14®16; baled, sl7@lß. Oats—Bushel, new, 35@37c. Corn—New. 60®05c per bushel. WAGON WHEAT TRICES. Indianapolis flour mills and elevators today are paying $1.05 a bushel for No. 1 red winter wheat; $1.02 for No. 2 red winter wheat and 98c for No. 3 red winter wheat. CHICAGO PRODUCE. CHICAGO, July 7. —Butter—Receipts. 9.527 tubs; creamery extra, 36%c; tlr-ts. 31®35%e; packing stock, IB@2oc. Eggs —Receipts, 13,504 cases; current receipts, 27@28c; ordinary firsts, 20@27c; firsts, 29®30c; extras, "31%c; checks, 20®21c; dirties, 22@23c. Cheese—Twins (new), 14%@15c; daisies, 14%@15ic; young Americas, 15<gU5%c; longfiorns, 15®15%e: brick, 14c. Live poultry—Turkeys, 30c; chickens, 26c; springers, 25@30c; rooster*. 15c; geese, 12®J8c; uycks, 24c.
OTHER POWERS OBJECT TO NEW TARIFF TERMS (Continued From Page One.) sense of the measure. He devoted most of his time to the contested items in the bill, answering especially the attack of Representative Frear, Wisconsin, leading Republican critic, of the bill. Frear assailed the measure In a minority report and at the Republican conference for being too much in the interest of recognized monopolies and combinations controlling various basic industries. The direct charge that the Republican tariff bill is “full of favors” to those business men who made largo contributions to tho party’s campaign fund last year, was made by Democratic members of the House Ways and Means Committee in a report the bill. The Democratic attack, vdhich was submitted just before consideration of the bill, started in the House at noon, is a caustic denunciation of the measure. It is asserted that the bill will Increase tho cost of living and inaugurate a ‘‘savage commercial warfare," against America's late allies in the war. The report was presented by Representative Garner, Texas. "The bill” the report says, ‘‘is a conspiracy to benefit a few favorities at the expense of all humanity. We record our solemn Judgment that this measure is a plan to plunder the people of our own country and oppress tho people of every country for the benefit of a few men who have succeeded in usurping for all practical purposes tho taxing power of the Government using it primarily to enrich themselves, and secondarily to finance the usurpation. The facts upon which this very serious statement rests are not difficult to establish. The official lists of contributors to campaign funds establish beyond all question the source from which were derived the enormous funds dispensed by the party which prevailed at the last election. SPECIAL FAVORS FOR CAMPAIGN FUNDS. “The only adequate equivalent conceivable for these millions given to political managers is bestowal on the givers of special favors by the Government. It will be superfluous to occupy space to show the intimate relations wfiicu bind together the beneficiaries of this Mil and the Republican organization.” The Democrats then declare that the bill raises an economic boycott against the civilized world. ‘‘ln these days, when the cost of living Is so high and unemployment so widespread that many millions are finding it increasingly difficult to obtain means of subsistence, the American Congress is asked tb make dearer and scarcer the commodities essential to the support of human life," the report says. The Democrats claim American prosperity depend* upon tho exchange of products with nation* who have no funds to buy and that there 1* no need for a high tariff at the present time. They show that imports during the last year have decreased in the same or greater proportion as exports Attacking the American valuation system, the Democrat* claim it will cause so much confusion that it will be abandoned in a few months after enactment. Marriage Licenses John Miller 229% Indiana arc 21 Frances Williams. 2616 Dexter ave... 19 James Harty, 716 M. D, Woodruff... 39 Mary McLane, 716 M D.. Woodruff... 38 Jacob Caldron, 1145 S. Capitol are.. 32 Rebecca Gambi, 1018 S. Illinois 22 John Arnsman, 36>50 N Illinois 33 Bertha Herron, 36.50 N Illinois 33 Ralston Lawrence, 802 N Jefferson... 33 Mary Hennen, 1631 X. Pennsylvania.. 26 Gerald Glover, Sheridan, Ind 22 Mildred Wallace, 718 N. Oxford 19 (.'. V. Whitesell, Mattoon, 111 27 Gletha Sinclair, 1776 Morgan st 22 Harry Zimmerman, 320 S. Noble 25 Dorothy Barge, KXrJ English sv 19 James Williams, Philadelphia, Ind... 23 Esther Burrows. 1222 W Hist st 21 Alonzo Hancock, 3633 E. Michigan ... 26 Elizabeth Doud. 2735 .V Pennsylvania 22 Paul McOallle, 1821 Arrow ave 19 Vesta Ellis, 4<X‘S K Michigan 2*) William Sharp, Greenville, 111....... 22 Dorothy Dressor, Reno, ill. 19 lintlis Paul and Goldie Bradley, 29.58 North Delaware, boy Irti arid Richard Cummins, 54 North West, boy. Leslie and Claudia May, 17+3 Northwestern, boy. Francis and ’Tattle Watkins, 717 Max well, boy. Frank ami Anna Colbert, 1525 Broker. girl David and Emma Smith, 713 Drnke, girl. Robert and Lois Poole, 52 South State, boy. rallies and Myrtle Smith, 4)1% North Delaware, girls (twins). An-h and Rebecca Jones, 5)0 South Drover, girl. Ham ami Willis Jeter, 958 North Belmont, hoy. Samuel and Mary Richardson, 1605 Bares, hoy. Francis and Corine Daugherty, 1423 Massachusetts, girl. Andrew and Hattie Hablg, 1814 Orange, girl. Harry and Mary Gephart, 1202 New Tort , noy Marshall and Ruth Raber, 121 West Thirty-First, boy. Otto and Antonia Clark, 2371 English, girl. Frank and Della Ervin, 11 East Legrande, girl Harry and Suzanne Taylor, Methodiet Hospital, girl. Carl and Bertha Webb, 1710 Cruft, bov. Ralph and Ethel Edgerton, Clark Blakeslee Hospital, boy. Guy and Klnora Marshall, 1120 Reisner, boy. ‘ fshan and Louise Benton, city hospital, boy. Wilbur and Mary Custer, city hospital, boy. Luther and Inez Shirley, Methodist Hospital, boy. George and Veree Boucher, 1027 Goodlet, girl. Orvul and Emma Brinson, 441 Arbor, girl. Orval and Mabel Murphy, 1810 Koehne, girl. William and Rosie Smith, 1637 Gem mer, boy. Clem and Marie Schilling, 1204 Laurel, girl Thomas and Daisy McAllister, 1141 W. New Y'ork. boy. Neldon and Helen Stucker, 1033 N. Hamilton, c'r! Martin and Winnie Zeilinza, 215 S. Keystone, boy. Deaths Ernest Eugene Wolf la. 7 months, 1041 S. Chadwick, acute Ileocolitis. Anthony Francis Schneiders, 16, 1510 S. East, cerebral rheumatism. Harry W. Wright. 49, 525 N. New Jersey. angina pectoris. Charles Davis, 22, Methodist Hospital, anemia. AMERICAN SHIPS ARE AVAILABLE FOR YOUR OCEAN VOYAGE New Combination Passenger and Freight Ships, Fast, * j Luxurious Steamers, Reliable Freight Ships. THE STANDARD OF THE MARINE WORLD UNITED STATES SHIPPING BOARD Sailings from every port in America to the leading ports of the world.
CARUSO DENIES VOICE HAS GONE Laughs at New York Rumor and Demonstrates Tenor Notes of Old. FLORENCE, Italy, July 7.—The golden notes of Enrico Caruso, world famous tenor of the New York Metropolitan Opera Company, will yet again thrill American music lovers. It was definitely established today from Signor Caruso; that the rumors, circulated In New Y'ork, that he has lpst his voice as the result of illness and operations are absolutely without foundation. The famous singer is living quietly in this beautiful old Adriatic city and is recovering from the effects of his siege of illness In New York. Already he looks much better than he did upon his arrival In Italy. The report of Signor Carusos voice failure, as cabled to Rome from New York, was shown to the golden-voiced singer. He seemed surprised and then smiled broadly. “Those rumors are absolutely without foundation, said Signor Caruso. "I am feeling splendid. Ah, see for yourself.” The singer broke off and laughed, his voice trilling into a tenor note worth SI,OOO in an opera house. Long Continuance Granted ‘Big Shiner Another chapter in the police history of Charles Middangb, known as "Big Shiner,” was added id city court today. Tiger charges against Middaugh, George Atkins, negro, and Will Roach were continned to Nov. 2. Back of the long continuance is a j story of the alleged operations of a no- | torious gang of bootleggers 'n the west ; end of the city. A nnmber of members of this gang were arrested near Greenj castle by the sheriff of that county, while bringing whisky to Indianapolis, ' convicted at Greencastle and sent to the Indiana State farm for long terms. One of these was Will Roach, said to be a close associate of “Big Shiner,” who had been convicted a number of times on a charge of operating a blind tiger, and who, through the manipulation of clever lawyers, baa avoided serving sentence. Roach is the "material witness" in the ' defense of Middaugh, and Inasmuch as Roach Is serving a ninety-day term on ■ the Indiana State farm, Middatigh’s attorney Insisted that the cases be continued until Roach was released, or ordered brought Into court. Judge t’ritchard held that he could not order Roach brought here, Inasmuch as he was sentenced from another court, and th-refore he granted the exceptional long continj uance The arrest of Middaugh took place abort two weeks ago Booster Station Damaged by Fire A short circuit started a fire in the basement of the three tory brick buildnlg at 222 North Meridian street, used by the Indianapolis Light and Heat Company as a booster station, early today. Smoke fil'ed the building and poured in great clouds from the windows. It was with difficulty that the firemen entered the basement because of the smoke. They said the building was not damaged, but the oil switches and one j compensator were damaged. HOOSIER DEATHS * HARTFORD CITY Solomon M Barnes. BT. for many years a prominent farmer southwest of the nty, | s dead ■ Mrs Frank Headington and Mrs. Ira Dean of Marion are daughters, while Charles Barnes of Marlon. Thomas I Barnes of this eounty and George Barnes i of Fortland are sons.... Frank Crash, 61. a local business man. is dead after a long Illness. The ordv immediate reia--1 five is Mrs. Link Cook of this city, a sister. GREENSBURG —Mrs. Joseph Beeson, 50. 'lied at her home here ns a result of a complication of diseases She 1survived by her husband, two daughters and one son. FAVOR FEDERAL TAX REPEAL. Reduction of Federal taxes was ndadvoeated in a resolution adopted by the executive committee of the Indianapolis Chamber of Commerce today. The roso lution favored the repeal of the excess profits tax, the repeal of war excise taxes when this can be done without levying other taxes, the reduction of taxes on higher incomes and economy in public , affairs.
Keep Your dr Hapjjy KEEP him smiling all the time —we’ll help you. Keep his coat slick with a bit of good polish. Keep him well-fed with plenty of oil and grease. Keep hi3 digestion good by scraping the carbon out of his “innards.” We’ve everything to make him wear “the smile that won’t come off” —spark plugs, tires, lenses, bulbs, and plenty of Gredag—the lubricant that Keeps a Cushion between Gear Teeth. Special Prices On 3 y 2 Tires. (GUARANTEED 6,000 MILES Name and Serial_Numbers Intact. United, 30x3y 2 N. S. $10.85 “Quality Considered, We Sell It for Less” OPEN SATURDAY EVENING TILL 9 O'CLOCK CITIZENS AUTO SUPPLY I Pearl C. Barnes, Mgr. 4f"~% Homer E. Enlow, Asst. Mgr. ( I | Mass. Ave. at Delaware and Mam 4168. • New York Sts. 'a b n u d y STANDARD OIL CO. STOCK , ND % newton SELL 415 LEMPKE BLDG. TODD
RAILWAYS ASK U. S. FOR MONEY Another Half Billion Wanted to Meet Claims. WASHINGTON, July 7.—The United States will have to pay $509,000,000 to the American railroads in addition to the moneys already paid as the result of Government control during the war, Secretary of the Treasury Mellon said today. The Secretary stated that he might find it necessary to ask Congress for an additional appropriation of $300,000,000 to meet the claims of the railroads. The money which is yet to be paid to the railroads is chiefly for claims of various sorts and is in addition to the guaranty money and reimubursements which have already been aproprlated for. WORMS WRIGGLE IN PLEASANT RUN Mayor Interested When Shown Samples of Water. When Dr. Herman G. Morgan, secretary of the board of public health, today showed him a sample of water taken from Pleasant Run, alive with wriggling worms and mosquito larvae and told him health inspectors have found enough sewage pouring out of city and private pipes and overflowing from improperly working septic tanks to make the stream “an open sewer.” Mayor Charles W. Jewett got interested in the movement to clean up the run and Bean Creek. The mayor ordered Dr. Morgan to prepare a complette survey of conditions along the stream. Upon the doctor's report that some citizens who had been violating sanitary laws told health Inspectors that they had been given permission to do so by the park and city civil engineering departments, the mayor stated that when he receives the survey he will see that all departments cooperate in cleaning up the stream. The sample of water was taken to the health office by W. F. Jenny, 5700 Pleasant Run boulevard, who said he fought mosquitoes In his home until 3 o’clock this morning. Dr. Morgan promised to get the stagnant pools in the stream-bed through Irvington oiled. Farmer Seeks Tax Payment Release Special to The Times. NOBLESVILI.E, Ind.. July 7.—Luther Wise, farmer of Hamilton County, has brought an action in court against the board of county commissioners asking the judge to release him from the payment of taxes on $5,000 in money. He admits that he had the money on the first ; of last March, which is the date fixed by law as to the ownership of property. In his complaint. Wise asserts he rei reived a check for $5,000 on Feb. 28 and | had the money on the first day of March, hut be also says he gave the money to J. H. Holt of Indianapolis on that day as partial payment on a farm. Wise has j come to the conclusion that he should not be required to pay taxes on both the money and the land. Frank Campbell, County attorney, filed an opinion in writ- ; ir.g with the commissioners saying they 1 should not release the plaintiff from payj ing taxes on the money. Campbell asserts that Wise had a remedy through the board of review, but he did not carry his case to that board. Motor Car Collides With Buggy; 6 Hurt Special to The Times. NOBLESVILLE. Ind., July 7.—Several I persons were hurt last night when an automobile driven by Victor Teter collided with a horse and buggy occupied by Mr and Mrs. Paul Merrill and their small child. The buggy was upset and the occupants thrown over the highway. Merrill was cut and bruised In a number of places about the body. The babe was also painfully hurt, but not seriously. The hands of Teter were badly cut by pieces of glass from the broken windshield. Mrs. Teter was seriously hurt and Miss Hazel Teter was seriously injured on her left side. Mrs. John Osborne. one of the occupants of the automobile. sustained a broken rib au4 several of her topth were knocked oltfi, ALLEGED FUGITIVE HELD. James 11. Shepard, 45, 2304 Roosevelt avenue, was arrested today by Detectives Rugenstlne and Hynes on charges of being a fugitive from justire and vagrancy. Shepard is said to have stolen an automobile at Danville, May 14. The detectives recovered the car in Indianapolis.
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