Indianapolis Times, Volume 34, Number 69, Indianapolis, Marion County, 1 August 1921 — Page 10

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CALL MONEY RATES SOAR Chandler Sustains Big Loss— Mart Tone Irregular. NEW TOR 1 ?. Ane. I.—The stork rear ket closed irregular today. There was ..mother stiffening op of the ran money r elvwal rate at 4% per rent in the morning, being followed by an advance to 5% per rent in the afternoon, resulting in a withdrawal of out-of-town foods following the lowering of the rail money rate to 3% per cent last Thursday. Mexican Petroleum had the widest range of the day, moving up from lOl'j to 107 >4. The heaviest loss was sustained in Chandler Motors, which ranged from SO te 4714. Rai road stocks were in brisk demand for c time dnring the forenoon, bnt buyers ii that period turned to the selling side after midday. (By Thomson A- McKinnon.) —Aug. 1A more hopeful feeling was evidenced in today's market, the rails, steel, oils and, in fact, most of the list responded to a moderate amount of buying. The contributing factors are not pronounced enough to warrant the prediction of a continued upward swing. Nevertheless there is a distinct improvement in the tenor of market comment, which in turn is encouraging a fair amount of public investment buying and is turning many in the ranks of professionals from the bear to the bull side. It has been popular, as well as profitable, of late to operate on the short side of the market. This has resulted in an oversold condition, which it is believed is still of large proportions. Cheaper money, activity in the bond market, advancing prices, the feeling that satisfactory tax revision, retroactive on 1921 taxes, is assured and an improved business outlook, based on heavy grain marketings, are all potential features. It is probably too much to expect an ncrease in public participation sufficient to carry the market steadily higher. It might be well, therefore for the present, to accept profits on. the swells and be in readiness to replace whenever reactions appear. We believe the market has definitely turned for the better. TWENTY STOCKS AVERAGE. NEW YORK, Aug. I.—Twenty industrial stocks Saturday averaged 68.56, up .69 per cent. Twenty active rails averaged 73.65, np .35 per cent. CTEARING HOUSE STATEMENT. NEW YORK. Ang. I.—Exchanges. 55R5,500.009: balance, f75.500.ft10: Federal Reserve Bank credit balance, $58,200,000. Money and Exchange Intlianapolis hank clearings Monday were $2,706.01)0. against $2,715,000 for Monday a week ago. NEW YORK. Aug. I.—Foreign exchange opened firm today with demand sterling %c higher at $3.57%. Francs rose 2 cenrinu* to 7.65 c for cables and 7 fi4 for checks. Lire advanced S% points to 4.27 for cables and 426 for checks. Belgian cables were 7.40 c. checks 7 59c Glider cables were 30.75 c. checks 90.73 c. Sweden kronen cables were 26.54 c, checks 20.10 c. Marks were 1.24%c.

ACTIVE OIL STOCKS. (By Thomson & McKinnon) —Aug. 1— —Opening— Bid. Ask. Anglo-Amer.can Oil 15% 15(4 Atlantic Lobos 12 13 Borne-Scryinser 340 36>) Buckeye Pipe Line SO 82 Chesebrough Mfg. Cons Ift) 18*) Continental Oil, Colorado... 104 107 Cosden Oil and Gas 5% 6(4 CTeaeent Pipe Line 20 28 Comberland Pipe Line 115 120 Elk Basin Pete 5*4 5% Eureka Pipe Line 77 80 Galena Signal Oil, pfd.. new. S7 00 Galena Signal Oil, com 32 34 Illinois Pipe Line 150 154 Indiana Pipe Line 74 78 Merritt Oil 7 4 8 Midwest Oil 2t* 2% Midwest Rfg 132 137 Natioual Transit 22(4 23% New York Transit 140 145 Northern Pipe Line 87 00 Ohio Oil 245 250 Penn -Mex 19 22 Prairie Oil and Gas 420 430 Prairie Pipe Line 187 190 Sapulpa Refg 33% Solar Refining 330 350 Southern Pipe Line 89 82 Sooth Penn. Oil 180 185 Southwest Penn. Pipe Lines 57 60 Standard Oil Cos. of Cal 73 75 Standard Oil Cos. of 1nd.... 67% 67% Standard Oil Cos. of Kan 525 540 Standard Oil Cos. of Ky 385 3'.<5 Satndard Oil Cos. of Neb.... 156 165 Staidard Oil Cos. of N. Y 31S '322 Standard Oil Cos. of Ohio 360 370 Swan & Finch 30 35 Vacuum Oil 265 270 Washington Oil 25 30 NEW YORK CCRB. (By Thomson A McKinnon.) —Aug. 1— - 4.108106 — Bid Ask. Curtis Aero com 1% 3 Curtis Aero pfd 10 15 Texas Chief 8 12 First Nat. Copper 75 100 Goldfield Con 5 7 Havana Tobacco 1 1(4 Havana Tobacco pfd 4 6 Ontral Teresa : 1 Jumbo Extension 4 6 Internar. Ptroleum o‘* 10*4 Nlpissing 4% 4% Validat'd Motors . ...’ 6 6 Salt Creek 10*4 10% Tonopab Extension 1% 1% Tonopah Mining 13 16 15 16 t'nited P 8 new 1% IS C. S. Light A Heat 1% 1(4 I'. S. Light & Heat pfd 1(4 1% World Film 4 8 Yukon Gold Mine Cos 1 1% Jerome 14 IT New Cornelia 13 „ 15(4 United Verde 22 24 Sequoyah 10 20 Omar Oil 13-16 1% Rep. Tire 30 35 Acme Pkg 1% 1(4

MOTOR SECURITIES. <By Thomson & McKinnon. ( —August 1— —Opening— Bid. Ask. 8 10 ( halmers com 2 Packard com A 6*i TV* Tackard pfd 64 66 Chevrolet 100 400 Peerless 25 27 Continental Motors com 3 T 4 6 Continental Motors pfd 70 78 llnpp com 1114 12 Hupp pfd S3 00 Ken Motor Car 184 19'4 Elgin Motors 4 4% Grant Motors 10 2V* Ford of Canada 252 2*lo d'mted Motors SO 60 Rational Motors 3 8 federal Truck 16 18 P\ige Motors 15 17 Republic Truck 13 14 CHICAGO STOCKS. (By Thomson & McKinnon.) —Aug. 1— Open. High. Row. Close. Armour Leather 12 1 * Carb. and Carb. 44*4 44*i 44U* 44V* Vhbjr B*4 BTi8 T i B*4 844 2 ntgy Ward.. 180 180 180 380 . Y rional Leather 8 ' >sgly Wiggly. 14 < ars-Roebuek ftj 6344 65 6514 Sewart-Warner. 25 25'.* 25 230 Swift ACo 9314 93\ 944 95^ MTV TORK METAL MARKET. NBW TORK. Aug. I.—Copper—Wak : spot. August, September and October offered. 11 Lead Quiet; spot. August sand September offered. 4.46 c Sj-elter Quiet; spot. August and September offered. 41*e. NEW YORK WOOL. NEW YORK. Aug. I.—Wool was dull on the market here today. Homestic fleece. XX Ohio, sold at 24® 39c per pound; domestic pulled, scoured basis, at 18@67c and Texas domestic, scoured basis. at 4u©Boe. . NEW TORK RICE. • -*r. TnPX A ,. r 4. -Rlee prices were

Wild Scenes on N. 0, Cotton ’Change NEW ORLEANS, Ang. 1.-Wild seer.es were enacted on the new Orleans Cotton Exchange today as traders were .aught short in the market on government ng nres showing that the crop had greatly deteriorated in July. Prices Jumped by leaps and bounds, especially in October, where a rise of over half a cent a pound was recorded within an hour after the report was read. The "bull" ring was a mas3 of sh luting madmen, most of whom were try ing to buy, and as a result cotton was shooting upward in price.

N. Y. Stock Exchange

—July 30— Trev. High. Low. Close, close. Allied Chemical 38 35(4 36 87% Aliis-l *haimer... 7.1 * 31% 31% 31 Am. Agri 35% 34% 34% 36 Arn.B. Mag. Cos. 31% 31 31% 30% Am. C. A Fdy.123% 122% 123% 123% ; Am. Can 26% 26% 26% 26% ! Am.H. A L.eom 11 19% 10% I Am. Ice 67 55(4 00% .... : Am. In. Corn... 33% 33% 33% 33 i Am. Linseed. .. 25 25 25 24% I Am. L0c0... 82% 82 82% 81% 1 Am. S. A Ref... 37 37 37 i Am. Sug. Kef.. 68% 68V* 68% 68% i Ain.3. Tob. Cos. 48% 47% 48 48% Am. Tel A Te 1.105%.105% 105% 105% 105 ; Tin. Tobacco. ..123 122% 122% 123 i Am. W001en.... 71 70% 71 70% | Ana. .Min. C 0... 37% 37 37% 37% : Atchison ....... 85% 85 85% •-85 At. G. AW. 1... 21% 21% 21% 21% ! Baldwin Loco.. 78% 78 78% 77% !B. A O 39% 39% 39% 39% Cal. Fete 36% 36% 36% 36% Can. Pac. Ry...U2% 112% 113% 112 Cent. Leather... 34 34 34 34 Chand. Motors. 49% 49% 40% 49% jC. A 0 57 56% 57 50 ! C.. M. A St.P. 28 27% 28 27% 1C...M. A St.P.pfd 42% 42% 42% 42% Chi. A N. W... 67% 67% 67% 66% ■ < ,R.I. A Pacific 33% 32% 33 . 33 | C.R.l.AP.6pcpfd 63% 63% 63% 64 ! C.R.I.&P.Tpc pfd 73% 73% 73% 74 Chili Copper 10% 19% 10% 10% Chino Copper ..23 23 23 22% Coca Cola 34 33% 34 83 Columbia Gas.. 54(4 51% 54% 54% Columbia Graph 4% 4% 4% 1% Consolidated Gas SB% 88% 88% 8S Cont. Gas 88% 88% 88% 88 Continental Can 45% 45% 45% 445* Cosden Oil .... 28% 28% 28-a 28% Corn Products. 67% 67% 67% 67 .Crucible Steel.. 55% 65 55% 55 Cuba Cane Sug. 10% 10% 10% 11 Erie Ist pfd.... 20% 20% 20% 20 Famous Players 46% 46% 46% 46% Fisk Rub. C 0... 13% 12% 13% 13 Gen. Asphalt ... 32% 52% 52% 52V* Gen. Electric ..118 117 117% 117tli General Motors 10% 10% 10% 10(4 Gt. Nor. pfd 73% 72% 73% 72% Illinois Central. 95 94(1 95 94 Invincible Oil . 10% 10% 10% 10 I Inter. Harvester. 72 71% 71% 71% ! Inter. Nickel ..11 14 14 14 Inter. Paper ... 52% 51% 52% 51% Island Oil A Tr. 32% 33 Kan. Cty South 25% 25% 25% 25% Kelly Srn. Tire 44% 43 43-5* 43% Kennecott Cop. 19% 19% 19% 19% Lehigh Valiev .. 53 53 53 53% Lee Tire 28% 28% 28% 27% Loews. Inc 'll% 11% 11% 11% Mav Stores 78% 78 78 79 Marine Pfd 43% 4.3% 43% 44 Mexican Pet. 106% 104 Ift> 105 Miami Cop... 21 21 21 21 I Middle States O. 11% 10% 11 11 Missouri Pac... 20% 20% 20’5 20% Missouri Par p. 40'- 40% 40% 4n% National Lead.. 73% 73% 73% 72 N. Y. Central.. 72 72 72 71% New Haven ... 17% 17 17 16% North. Pac 78% 77% 78% 77% Pac. Oil 36% 36% 36'4 36% Penna Ry ..... 38 37% 3s .37% People's Ga* ..54 54 54 53 Pierce Arrow. . 14% 13% 14% 14% Pere Marquette 20% 20% 20% 20% Pittsburgh Coal 54% 54% . 54% Pressed Steel C. 57% 57% 57% 57 Pullman Pa. Car 93 92 93 93 Ry S. Springs 75 74 73 74 I Pure Oil 25% 23% 25% 25% Reading 69% 09% 69% 69 - Rep. I. A Steel 47 46 47 46% Roy. D. of N Y 52 52 52 51% Sears-Roebuck.. 63 64 63 65 Sinclair 20% 20% 20% 20 Southern Pacific TV* 78% 79 75% Southern Ry... 20% 20% 20% 20% St. Oil NJ.pfd..lo7 107 107 ..... St.L. A S.F.com. 24% 24% 24% 25 Strom. Carb 30% 30 30% 30% ( Sludebaker 77% 70% 77% 70% Tenn. Copper... 7% 7% ”% . . Texas Cos 35% 35 35% 34% Texas A Pacific 25% 25% 25% 25 Tob. Products... 59 58% 39 58 Trans. Oil 7% 7 7 -7% Union Oil 19% 19% 19% |% Cnt. R"t. Stores 55 54% 54% 54% V. S. F. P. Cor. 17% 17% 17% 17 1 nit. Frnlt C 0.102%.102% 1<9% 102% 99% I'nited Drug 59% 50 59% 50% t . S. Rubber.., 53% 53% 53% 53 U. S_ Steel 74% 73% 7.3% 73% Utah Copper 47% 47% 47% 4* ' Vanadium Steel 28% 28% 2.8% 2'% j Vir.-Car. Cbem.. 24 20% 22 24 j Wabash 7% 7% 7% White Oil 8% 8% 8% 8% White Motors... 31 31 31 32 Willy* Overland 6% 6% 6% 6% j Wilson A C 0... 36 33 35 .....

NEW YORK LIBERTY BONDS. Aug. 1— Prev. High. Low. Close, close. L. B. 74%s Bs.ft) 87.50 87.90 87.76 L. B. Ist 4s 87.70 87.64 87 70 L. B. 2d 4s 87.1)0 87 7)8 87.00 L. B. Ist 4%s Ns.ft) 87.80 87.98 87 82 L. B. 2d 4(*5.... 87.74 87.56 87.62 87 60 L. B 3d 4%s 91 94 91 66 91.70 91 80 L. B. 4tb 4%5... 87 90 87.68 87.74 87.70 Victory 3%s 98.66 98.60 98.60 98.62 Victory 4%s 98.06 98.60 1)8.60 98. ft i In the Cotton Market j NEW YOBK, Aug. I—The cotton tnar ket opened steady today at a net advance of 1 to 7 points. Pending the publication of the Govern ment report at mid-day. ir3de was light and consisted of a little Liverpool and British selling and of buying later, which sustained the list At the end of the first fifteen minutes it was about 7 to 8 points net higher. New York opening cotton: October, 12.14 c; December, 12.66 c; Januarv, 12 66c; May. 1319 c bid. The market closed stronger today at a net gain of 71 to 80 points. —Cotton Futures Open High Low Close January 12.66 13.58 12.66 13.38 March 13.00 13.85 12.99 13.68 May 13.11 15.98 13.11 13 81 October 12.14 15 06 12.14 12 89 December 12.66 13.63 12.66 13.47) LIVERPOOL, Aug. I.—Tbe market here will be closed today on account of a bank holiday.

Local Curb Market (By Newton Todd.) —Ang. 1— Bid. Aak. American Hominy com 34 23 Burdick Tire A Rubber, IV4 80 Capital Filin Cos 1 1% Choate Oil 1 2 Colurn. Fire Ina. Cos 60 8% Comet Auto 1% 244 llayton Rubber Units 68 75 Dueseuberg Motor lar com... 50 12 Elgin Motor ‘’sr 4 50 Fed. Fin. Cos., pfd 69 82 Fed. Fin. Cos., com 122 1.35 Gt Sou. P. & Ref. L-nlta.... 5 6 Haynes Motor com 118 Hurst A Cos. com 1 214 Hurst A Cos. pfd 50 70 fndpls. Securities pfd 20 4 Metro- 5-50 c Stores c0m.... 11 14 Metro. 5-50 c Stores pfd 80 33 Bobbins Body b’orp. Units... 55 60 Rub Tex Units 18 24 Stevenson Gear Units 6 7(4 U S. Mort. Cos. Units 165 173 State Savings A Trust C 0... 87 92 Stevens-Ouryea Units 43 48 VETERAN'S BODY ON WAY. Word has been received by Mr. and Mr*. William Kngelkinc, 254 South Arsenal avenue, that the body of their son. Sergt. George W. Engelking. who was killed in action In France, will arrive at Hoboken. Aug. 5. Sergeant Engelking fell Oct. 9, 1918. Bt RKE LAID TO REST. CHICAGO, Aug. I.—The funeral of Robert Emmett Burke, political ieader and well known In Democratic circles, was held here today. “Bob” waa a conspicuous figure at national Democratic

SWINE VALUES 25 CENTS HIGHER Sheep and Calves Are Steady —Cattle Trade Dull. RANGE O* HOG PRICES. Good Good Good July Mixed. Heavy, Light. 23. slt. 20 $11.05 $11.30 25. [email protected] $11.05 11-30 26. 11 [email protected] 11.06® 11.15 [email protected] 27. 11.35 @ 11.65 [email protected] [email protected] 23. [email protected] [email protected] [email protected]> 26. [email protected] 11.10 @11.15 11.7 j® 11 *O. [email protected] [email protected] [email protected] Aug. , 1. 11.45 @ 11.70 [email protected] 11.86 Due principally to light receipts, swine prices were 25c higher on the hog market of the local livestock exchange today. Receipts approximated 4.000. There was not much activity to the market, although the bulk of the receipts had been sold at an early hour in the forenoon. Some commission men were of rhe opinion that lower prices would prevail before the end of the market, while others said that the opening prices would prevail and that there would be a clearance for the day. There was an extreme top of sl2 on a few light hogs, while the bulk of the sales of that grade of swine were made at $11.85. Mixed aud mediums sold at sll.4<rij 11.70, while heavies brought $11.20. Roughs sold at $9 85 and down and pigs at $11.50 and down. The dull tone of the market of the week before was continued today in trade in cattle alleys and prices were generally steady to 50c lower Butcher stuff was barely steady to 27ic lower generally, with the exception of a few light heifers Steers were generally 25c lower, with spots as much as 50c lower than the prices of the preceding week Bulls were steady to strong on a good demaud. There was a poor run of cattle on the market Receipts ran close to 7ft), with gome stale stuff from the market of the weke before still in the pens. With 600 calves oy the market and a fair tone to trade prices were steady. There were close to 300 sheep and lambs 011 the market and prices were steady. Top latnbs brought $9. HOGS. Best light hogs, 160 to 200 lbs average 11 85 200 to 300 lbs [email protected] Over 300 lbs 11. ft) Sows 8 50761 9.25 Stags t).oi)(<x B<*o Best pigs, under 140 lbs 11.50 down. Bulk of sale* [email protected] CATTLE. Prime cornfed steers, 1.000 lbs. and up B.oo@ 8.73 Good to choice steers, 1,200 to I. lbs 7.5073: 8.00 Good to choice steers, 1,100 to 11, s 6.004? 130 Common to medium steers, 800 to 1 000 lbs 5.504) 0.00 Heifers and Cows— Good to choice heifers 8 00® .8 75 Medium heifers 7ft)y 8.00 Common to medium heiters. 5.7c@ 6.0 Good to choice cows 5.00@ 6.00 Fair to medium cows.. .... 3.5 b<4 4.50 Cutters 3.50@ 4.30 Cauuers 1.25(g 2.0*1 —Bulla— Good to choice butcher bulls 5 00@ 65) Bi.logua bulls 4.oufcf 5.00 Light bologna hulls 3.00 U 4.60 Light to common bulls 3.00@ 3 75 —Calves — Choice veals . 9 [email protected] Good veals !*.ft @ M..>o Medium veals 7.0*1@ 8.50 Lightweight veals .... 659 0 650 Common heavyweight veals.. 4.uo@ 5.50 —Stockers and Feeder*— Good to choice steers, under MX) lbs 5.C9@ 6.00 Medium cow* .. 2l)0U 325 Good cow's 2.s*fti 3.75 Good heifera 5.00@ O.kl Medium to good heifers 4.00<u 3.00 Good milkers [email protected] bHKEt* AND LAM US. Kwes 2.7>o@' 3.00 Buck* 1-50 Choice ewe auil wether lambs 9.50 down Seconds 6 50@ 7.00 Buck lambs 7.00 ,4 7.50 Cull lambs B.oo@ 4.00

Other Livestock CHICAGO, Aug 1 Hogs—Receipts, 45.,HM1; market active, uneven and mostly steady to 15c lower; bulk. sU.s<l@ 11 50; top. $11.50: heavyweight, $lO 3501120; medium weight, $lO 904) 11 5o; light weight, 510.20mU.30: light lights. sllO 11.50; heavy packing sows, smooth, $9 40 4jl0; packing cows, rough. 89 149 40; pigs, $ 10.35(14 11. futile—Receipts. 1 N.shi; mar ket, best grudes. steady ; others, dull and unevenly lower; beef steers, choice to prime i $9.2509.85; medium and good. $8.7509.25; good to choice. $5.7509.90: common and medium, $0 50®s 75: butcher cattle, heifers, $4 2508 75; cows. $44t7: bulls, $4.5010.6.73; cliners and cutters, eows and heifgrs, $2 5004 ; canner steers. $2.75144; Veal calves I light and bandyweight 1. $s 50,410.50; feetler steers. s.><(i 7.25: stocker steers. s4® 7: Stocker cows and heifers. $2.5005.50. Sheep - Receipts, 12.000: lamb* steady to 25c up; steep, .steady: lamb* 184 lbs down). sß.sovTOst); culls and common, $5(6 8.25: yearling werhers, $6(01 8 25; ewes. $3 251)?.5.50 : ewes, culls and common. $1.50® 3 breeding ewes, $3(0,6 50, feeder lambs. $607.50. CIVCINNA il. Aug 1 Hogs K ipta. 6 OoO: market steady to 25050 c lower; heavy hogs, $10.75011: mixed and mediums. $11.25(111.50; pigs an i lighls, $11.75: roughs. $8 2.5; siags. $6 25. Cattle Receipts, 3,300 ; market. 255/7* s • lower: tuli* steady; calve... $9.30010. Sheep and latniis Receipts. 3,0u0; market slegtiy : eyes. $105; imoks. $2; t"P lambs, $11; seconds. $6.50; culls. $54)4. CLEVELAND, Aug. 1. Hogs Receipts, 3,500; market, 10c up; yorkers, mixed, mediums and pigs, $11.85; roughs, 9; stags. $7. Cattle— Receipts. 1.200. market steady; good to choice steers, $809; good to choice heifers, $607: good to choice cows, $405; fair to good cows, $30(4; hulls, s2(a3; milkers, $55375;. Sheep and hunks Receipts. 100; market strong; top. $9.50. Calves Receipts, 1,000; market, $1 higtier; top. sllsO. EAST BUFFALO. Aug. I—Cattle—Receipts. 3,750; market, active, strong; shipping ste'-rs. $9019.75; butcher grades. $8.25f9-9: heifers. $5.5008.50; cows, s2® 2.25; bulls, $4 2508.50: milch cows, springers, s4o® 120 Calves-—Receipts, 1 .of 4): market, active, steady; culls, choice, $31912.10 Sheep and lambs -Receipts, 3.200; market, active. higher: choice lambs, $10.50(6:11; culls, fair. s7® 10: yearlings. s6@7: sheep, $21(13 Ilogs Receipts. 9.600: market, icttve. steady to lower: Yorkers, $124112.25; pigs. $124) 1225: mixed. $12.25: heavies, f 11.504111 75; roughs. $7(68.75; stags, so®:6. EAST ST LOUIS,, 111., Aug. I.—Hogs Receipts, 8,500; market steady to Stlower; mixed and butchers, $1135(61160; good heavies. $114411.30; roughs. $8.25 (a 9; lights. $11,554)11.65; pigs, $lO 50011.60; bulk of sales. $11011.66. (’attle-* Receipts, 10.500; market slow and lower; native beef and heifers, [email protected]; cowj, $50.6.75; Stockers snd feeders. $3.5005.50; calves, $9(6:925; canners and cutters. $1.03 75. Sheen and lambs—Receipts. 5.500; market steady; tnuttou ewes. $4(6:4.50; lambs. $8(61 8.50; canners and choppers. $1(5(2. PITTSBURGH. Aug. I. Cattle Receipts. 115 carß. market steady: choice. $8154)9. gppd. $8(6.8.50; fair. $8(68.25; veal calves. $11011.50. Sheep and lambs Receipts. 24 double decks; market steady: prime wethers. $505.50; good. $4.2504.75; mixed fair. $300; spring lambs. $10.50411 Hogs -Receipts. Sit double decks: market higher; prime heavies, [email protected]; mediums. sl2 50(0 12.75. heavy yorkers. $12.50012.75: l glit yorkers. $ 12.504i 12.75: pigs. sl2 500 12.75; roughs, $7.7508.75; stags, $5(60. INDIANAPOLIS PRODUCE. Eggs Loss off, 29c. Butter—Pack ing stock, 16e. Poultry—Fowl, 20®25c ; springers. 230 28c; young tom turkeys, 30c; young ben turkeys. Sis’; old torn turkeys. 20®25c: cull thin turkeys not wanted; ducks. 4 lbs. and up. 15c; spring ducks. 3 lbs. and up, 20e; geese, 10 lbs. and up, 9c squabs, ,11 lbs, to the dotien. Butter —Local dealers are paying 42® 43c per pound for butters delivered in Indianapolis. Butterrat —Local dealers are paying 4<) coots per pound for butterfut delivered In Indianapolis. NEW YORK RAW SUGAR. NEW YORK, Aug. I.—Raw sugar was firm here on the market today. Cubas wocf, quoted at 5 75® 5 85c per netind.

INDIANA DAILY TIMES, MONDAY, AUGUST 1,

Local Stock Exchange —Aug. 1 STOCKS. , Bid. Ask. Did. Ky. A Light com 60 ... Ind. Ry. A Light pfd 70 ludpis. A N. \Y. pfd 75 Indpls. A Southwestern pfd.. ... 73 ludpis. St. Ry 42 T. T. 1. A Light pfd Terre Haute, I. A E. com 4 Terre Haute, I. A E. pfd 12 U. T. oi Ind com 1 U. T. of in 4. Ist pfd..: 7 V. T. of lud. 2d pfd 2 Advance-Tt jmely com ... Advanoe-R imely pfd i ... American Central Life 235 Am. Creoaoting pfd 90 100 Belt R. K. coin 32 62 Belt R. R. pfd 43Vi 60 Century Bldg, Cos. pfd Ou Citizens Gas Cos 28 29 Dodge Mfg. Cos. pfo 80%"' ... Home Brewing 04 64 Indiana Hotel com 60 Indiana Hotel pfd 93 ind. Nat. Life Ins. Cos 3% ... Ind. Title Guaranty Cos 59 65 Indiana Pipe Line’ 72 80 Indpls, Abattoir pfd ">46 50 Indianapolis Gas 43 48 Itidpls. Tel. Cos. com 2 ... ludpis. Tel. Cos. pfd BO ... Mer. Pub. I til. pl'd 43 Nat. Motor Car Cos 4 8 Pub. Sav. Ins. Cos., 4% ... Rauh Fertilizer pfd 40 Stand. Oil of Indiana 67% 68% Sterling Fire Ins. Cos 7 8 Van C-mn Uriw 1.f.4 011 1110 Van Camp Prod. Ist pfd.... ... 100 Van Camp Prod. 2d pfd 100 Vandalia Coal Cos. pfd 4 8% Vandalia Coal Cos. com 8% Wabash Ry. com 7% 9 Wabash Ry. pfd 22 24 BONDS. Broad Ripple 5 50 Citizens St. Ry. 5s 65% 69% Ind. Coke A Gas 6s -00 Indian Creek C. A Min. Ca... . 200 Indpls., Col. A South 55.... 88 ... ludpis. & Martinsville f>... 42% ii and pis. A Northern 5s 35 38% ludpis. A N. W. 5s 38% ... Indpls. A S. E. 5s 50 lndpla., S. A S. E 5s 70 Indpls. St. Ry 4s 571 56 Indpls., T. A T. 5s 65 71 Kokomo, M. A W. 5a 74 76 T H., I. A E. 5s 41 U. T. of Ind. 6* 46% 63 Citizen* Gas Cos. 5s 74% 78 Indpls. Gas Cos. 5s 70 75 Ind. Hotel Cos. 2d 6s 94 Indpls. Light A Heat 55.... 73 80 lndpla. Water 4%* 65 72 Indpls. Water 5s 87 92 Mer. H A L. lief. 5a 85 New Tel. Ist 6s 94 New Tei., Long Dlst. 55.... 93% ... Southern Ind. Power 6s -00 LIBERTY BONDS. Liberty first B%* 87 78 88.0*1 Liberty first 4%s 87.90 8m 20 Liberty second 4%s 57.60 87.80 Liberty third 4%s 91 81 92 04 Liberty fourth 4>*s 87.7*) 87 90 Victory 3%s „ 98 54 '.*8.84 V etory 4 : **s 98.52 1*8.72 Sales Kl shares Citizens Gas Cos. at 28% SI,OOO Indiana Northern 5s at 38 SI,OOO Indiaun Northern 5s at 717 Weather

The following table shows the state of the weather at 7 a tu.. Aug 1. as observed by I . S. Weather Bureaus: Station. Bar. Temp. Weather, ind‘aiiwpolii., Ind.. 30.1 X 05 Clear Atlanta, Ga 3**.P6 80 Clear Amarillo, Texas . 29.90 68 Clear Bismarck. V D. .. 30.10 52 Cloudy Boston Mfl-s 29.88 62 Clear * bl'ago, Ul 3U.12 68 Cloudy Cincinnati, 0hi0... iW 10 68 CDar Cleveland. Ohio 30.12 ft) Cloudy Deuver. Colo 29.92 62 l’tOdy Dodge City, Kan .. 29 h 6 70 Clear Helena, Mont 710.06 52 'dear Jacksonville, Flh.. 3*).**o 78 Cloudy Kansas City, M 0,.. 29.86 76 lear Louisville, Kj ... 30.U8 72 <*lear Little Rock, Ark.. 30.00 78 Clear La* Angelea, Cal.. 30.04 64 Cloudy Mobile, An 30 00 82 Clear New Orleans, La .. 30 04 82 Clear New York. N. Y... 30.00 64 PU ldy Norfolk, Vn. 50.04 78 Pt*ld.v Oklahoma City 29 92 76 Clear Omaha Neb. 26 84 70 Ratn Philadelphia, Pa ... 30.04 6.8 Cloudy Pittsburgh. Pa 30.12 62 Clear Portland. Ore. . 30 08 56 Hear Rapid (Tty, 8. I* 30 06 56 Cloudy Roseburg, Ore. . . So*Xl 51 Clear San Antonio, Texas 30.00 76 PtCldy Sun Francisco. Cai 740.02 54 Cloudy Bt. I-otifs, Mo. 30 00 72 Clear M t Paul Minn 30.08 ft) Cloudy Tamps, Fla 30.04 80 PtCldy Washington, l>. C. 30.10 68 Clear WEATHER CONDITIONS. Since SiUurday morning whon'er* have o<s-tirrd In liK-allties from the middle Ruckus* eastward to the middle Mlmß* ftlppl 4 alley and at <-attered point* In a few other section*.. It i* cooler from the middle Mississippi Valley eastward, w hi-re the rending* are now somewhat below normal, and In the northern Ko<Ales, but somewhnt warmer In part* of the Plains Btate*. ,1. H. ARMINGTON, Meteorologlet. Heather Bureaus. CORN AND WHEAT BI'LI.ETIN. For the twenty four hours ending at 7 a to . 90th meridian time, Monday. Aug. 1, 1921: Temper-1 ! ature. a : 1 Sfßtlon* of x [ .>tf 3 m Indianapolis "5 w “ r District Ssi ■—!&■£ S2 * | ;1 f , Ift. IS KllSjfiCfjsl 2' 7r* Smith Betid 89 53 ; 0 Good AgigolH 81 59 6 ; Good Ft. Wayne 76 ; 5.8 ; 0 . ' Whentfleld 64 49 | 0 i Good Royal Center.... 78 52 0 Good Marion 86 | 55 0 j Good Lafayette 79 56 0 Good Farmland ;86 51 ! 0 | Good Indtnnaolls 80 \ 59 j 0 Good Cambridge City..! 84 ! 51 0 Good Terre Haute 82 j6O | 0 Fair Bloomington .... 87 ;58 ! 0 ! Good Columbus !87{ 67 J 0 ! Rough Vlncennea j9l| 64 j 0 j Good Paoli 188 64 I 0 ! Good Evansville ! 9*l ! 68 i 0.16 | •T H ARMINGTON. Meteorologist, Weather Bureau.

State Crop Report The crop report of the State for the past week by George G. Bryant, argricultural statistician, follows: “Temperatures for the week continued very high, wttb but little rainfall until the night of the 28th, when some rain fell in nearly all sections of the State. Ideal weather has prevailed for the com pletion of the harvesting of small grains and hay. • Corn is badly fired on light and sandy soils and to a lesser degree on other soils. Much more rain is needed to develop the ears. The crop is fully two weeks ahead of usual time. "Winter wheat yields vary greatly in all sections and so does the quality of wheat The north part of (he State is furnishing the highest averages. “Many fields of spring wheat have been abandoned. "Oats thrashing is well advanced and yields are running very low as well as weight per measured bushel. Some fields were not worth rutting and hogs have been turned onto them. “Barley is in about the same condition as oats. “Rye is in about the same condition as winter wheat. “Late potatoes and other truck crops have suffered materially from lack of moisture and t-here will be very short crops. “Pastures are practically gone In all sections of the State. Hay crops have all t2pn harvested under ideal weather condition*, but yields have been disap pointing. “Tobacco shows a slight improvement, but the yield will be considerably below the average. “Grapes continue fair to good, but need cooler weather. Apples are poor in quality generally and are being used for making eider. “Pink eye has developed among horses in some sections. ’Other stock in fair condition. “The labor supply is said to be plentiful. “Indiana meloy,* are going to market In car lots The yns’itv is excelinn* hni

WHEAT PRICES HOLD FIRM Corn Shows Losses, While Oats Were Irregular. CHICAGO, Aug. 1. Settlement of the elevator strike caused the wheat market to hold firm on the Board of Trade hero today, while corn dropped slightly with reports of rain Improving crop prospects. There was considerable ruin in the Northwest over Sunday, but it failed to affect the wheat quotations. Cash trade was quiet and buyers were disposed to make the most of the advantage giveu them my the congestion at the leading markets. "It was understood the striking elevator nen would go back to work as, individuals. no agreement having been made with the union. Provisions were irregular. September wheat opened at $1.241*. up •***■. and closed up %e additional. December wheat opened at $1.28, up lc, and closed with another advance of lc. September eorn, opened off %c at 59%c and closed off an additional %c. December corn opened unchanged at 60%c and closed unchanged. September oats opened at 38%e, unchanged, and closed unchanged. December oats opened up %e at 41%e aud closed up %e. (By Thomson A McKinnon.) —Aug. 1— Wheat—The export demand for wheat has been reported as slow, the reason given being a bank holiday in England. Nonetheless, there has been an undercurrent of strength in the market, de spite the absence of any particular investment demand. It is, therefore, to Te assumed that foreign demand is in the market, but is not being made public. Conditions in Russia are evidently serious as judged from the fact that their, leaders threaten war in the event that European countries do not respond to their appeals for help It will probably develop that Central Europe will, in some way or other, secure food for Russia in order to protect themselves from invasion. This demand must he supplied by North America us the southern hemi sphere crop Is held at Higher prlees than 1 nited States. The receipts at terminal markets are enormous and the stability of the market under this condition is not to be ignored. Consignment notices and offerings for sale from first hands are decreasing The market seems to be marking time while awaiting an awakening of the entire trade to the enormous drain which will aopen"- from i >- • ■ n consumers. Wo believe all ideas of peermanently lower prions sitouiu )■• dis warded. ff Corn and onte—Tfc movement from the country, particularly of oh'* is a drag upon prices which cannot h-> over come at the moment because of the lack of general interest. Some ruins were re ported during the dav in lowa, but there was no general precipitation over the holiday. The corn crop must have immediate rains, otherwise important dam age will be done. We believe the greater opportunities lie on thy buying side of these markets, although admitting that Immediate motives for higher prices are not apparent. Provisions-- A slow ing down in the hog market has offset reports received last week of a broadening foreign ‘demand Values may sympathise moderately with any weakness iu hogs but the uuderlv ing situation seems healthy.

CHICAGO GRAIN TABLE. Aug. 1 (CHEAT Open, filch. Low. Close. S*P 124 1 24% 122% 124% Dee ... 1.27 128 125% 128 CORN Sept 60% 60% .58% .59% I fee 60% 60% .59% ftl% DATS - Hept 3.8% 38% .37% .38% Dee ... .11% .41% 40% .41% PORK •Sept 18.80 LA R D- - 12.20 12.22 12 02 12.20 Oct 12 30 12.715 12 15 12.22 RIBS Sept.... 10.80 10 80 10 75 10.80 Oct 10 67 10.67 10 ft) 10 65 RTF Sept 111 1 12% 1 10 1 12 V Dec 1.10 1.11% 1.09 111% •Nominal CHICAGO CASH GRAIN. CHICAGO, Aug. 1 Wheat No 2 red SI2I@I 22 % . No. 3 red. $1.2 )t<j 1.21 % : No. 2 hard winter. $1 20%<1/1.22% : No. 3 hard w inter. $1.2)%@ 1.21 %% . No 1 nor tfie r n spring, J 1 [email protected]% f No 2 n..r them sprin, [email protected]: No. 3 spring, $1.24. Corn - No 2 mixed, 00@61r; No. 2 white and No 2 yellow. 01@61%i ; No. 3 mixed. 58.'' No 6 white, 54 %c; No. 3 yellow, 99@59%c; No 6 mixed, 54%@ 55%e; No. 4 yellow. 57c. Data No 2 white. 34%@35%0; No. 3 white. 32%(t 377%c; No. 4 white. >%@3l%c. * )I,EI>O CASH (.RAIN TOLEI ), Aug. I.—Wheat Cash and Angust. $129; September, $1.;l%; l>e cember. $1.37% Corn—t'asb, 67 @68.. Oats Cash, 42<d 13c. Rye Ca.-h, $1.16. Barley Cash, 59c. PRIMARY MARKETS. tßy Thomson A McKinnon l Aug 1— West Corn Oats Cicago 911.0 ft) 30.6.000 1.058 000 Milwaukee ... 38.000 120,000 621.0 ft) Minneapolis .. 493.00 26.000 299,000 Duluth 69,000 6t Louis .... 793ft*0 ItOS.OOo 282.0 ft) To’edo 98.000 6 ftk> Ills.ft*) Detroit 20.000 s.oft) 18.000 Kansas City.. 1.531.000 45,000 131.000 Omaha 454.000 I til.non 92.0 ft) Indianapolis.. 49,000 13.000 116.000 Totals .... 4.456.000 871,000 2,985.0 ft) Year ago.. .2.309,(HX) 566,(XX) 712.000 Bt'pments - Went. Corn Oats Chicago 112.1X8) 663.000 368.0tX) Milwaukee 63,000 63.000 Minnesp(dis .. 163 000 9,ftX> 37,000 Duluth 871.000 St Lonis .... 144,0(K) 72.000 54.000 Toledo 5.009 19.1X10 Kansas City.. 602.000 76.1 XX) 5,000 Omaha 2.35.01 X) 104.000 50.000 Indianapolis.. 17.ftx) 6,000 X4.oft) Totals 1.544 000 1.000.000 6710.000 Year ago.. .1.340.000 294,ftH> 7431,000 Clea rn rices Doth. W. Corn Oats New York .. 147.000 2.OtM) 100.000 Philadelphia . 80,00. New Orleans.. 146.0 ft) .. ... Totals * 373.000 2.000 100.0 ft) Year ago.. .1,007.000 221.(XX) INDIANAPOLIS (ASH GRAIN. —Aug. t Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Steady ; No. 2 red, [email protected]. Corn—Easier: No. 2 white, 6.Va6oe: No. 3 white, 04@65c; No. 2 yellow, 63%@ 64%c: No. 3 yellow. 62%%@63%e: No. 2 mixed, 62@03c; No. 3 mixed. Old 62c. i inis - Easier: No. 2 white, 7l.V(t7i6r; No. 3 white, 32@33c. Hay Steady; new: No. 2 timotliy $t8.50@19; No. 2 timothy. $18(0 18 50: No. 1 light clover mixed. $17.50® 18: No. 1 clover hay, sl6(it 17; old. No. I timothy, $19@20. Inspections Wheat—No. 2 red, 10 cars; No. 3 red. 24 cars; No. 4 red, 4 cars; No. 5 red. 1 car; No. 2 hard, 4 cars; No. 2 mixed, 1 car; No. 3 mixed, l car; sample, 1 cur; total, 56 cars. Corn—No. 1 white, 2 cars; No. 2 wliitb, 6 cars; No. 3 white, 1 car; No. 5 white. 1 car; No. 6 white. 2 cars; No. 1 yellow, 8 cars; No. 2 yellow, 6 cars; No. 5 yellow, 1 car; No. 2 mixed, 1 car; No. ti mixed, 2 cars; total, 25 cars. Oats—No. 2 white, 3 cars; No. 74 white. 88 cars; No. 4 white, 38 cars; sample white, 1 car; No. 2 mixed. 3 cars; No. 2 red, 2 cars; total, 115 cars. R.ve —No. 2,3 cars; No. 3,3 cars; total, 6 cars. * Hay—No. 2 clover hay, 1 car; no grade, 1 car; total, 2 cars. WAGON WHEAT PRICES. Indianapolis flour mills aud elevators today are paying $1.13 for No. 1 red winter wheat: sl.ll for No. 2 rod winter, and according to test for No. 3 red. Elevators are bidding 740 c for No. 3 white oats or better. NEW YORK HIDES. NEW YORK, Aug. I.—Trade in hides was quiet here today. Native steer hides ooM of tnceo ■ - ..O'.nrl 'Cul hrfj.l- I

LOOKS LIKE HERMIT; ONLY NEWSBOY

Tiiis strange individual, seen in the streets of Paris, is a disciple of Raymond Duncan, selling the Evaugelos, a bi-monthly sheet, published by the School of Duncan Philosophy. He wens no trousers or socks, but a garment of white homespuns, wooden sandals ami a white hair band around the forehead.

Barken tines Race From South America SAN FRANCISCO. Aug. 1. -Two races between two fleets of windjammers terminated at this port recently, recalling the olden days of sailing competition on the high seas. The barkentine Alicia Havl*l de. with her arrival here, captured (lie laurels in the sailing contest from west coast ports of South America. She easily outdistanced her sister barkentlnes. the Katherine Mackall and the Phyllis Cos tn y n. In the other rontest the schooner Meteor made the best time in the run up from the South Sen Islands, making port first and beating the time of the Lottie Bennett and the James Tuft. By strange eoninetdenee neither of the three craft saw the others on the long passage until Ju*t oTT this port. The Alicia llavlslde was not scheduled to eotue into this port. Khe wa* due off the lightship for orders and was Instructed to proceed to Bellingham, Washington. Captain Hanson, of the Alicl# Ilavl.dde. however, because of a shortage of provisions, came Into the harbor. W HOLESALE FEED PRICES. Ton. Cwt. Acme Bran . $24."0 $1.25 Acme Feed 24.00 1.25 A.uie Molds 26 00 1.35 Acme Dairy Feed 39.50 2.00 E Z Dalrv Feed 31.50 160 Acme H A M. 35 00 1.70 Acme Stock Feed 27.00 1.40 Cracked Corn 33.25 1.75 Acme Chick Feed 41.75 2.15 Acme Scratch .7875 200 K 7. Scratch 38.75 1.85 Acme Drv Mush 40.75 2.10 Acme Hog Feed 39.00 2.0*1 Homllck Yellow 28 00 1.45 Rolled Barley 38.00 1.95 Alfalfa Mol 35 75 1.75 Cottonseed Meal 47 00 2.40 Ltnseel Oil Meal ... 51 <> 260 A.-me Chick Mash 43.75 2.25 FLOI'R AND MEAL. E '/, Bake bakers' flour, 98 lb. Cotton bags $7 90 Corn Meal. 100-11.. cotton bags 2.00 CHICAGO PROpi’CK. CHICAGO. Aug. 1 Rutter Receipts. 11.813 case*; creamery, extras, 42c; first*. 7t7*SJ!4lo. packing stock, 23<i)24%0. Eggs Receipts. 12.676 cases: current receipts. 2Wi2#e: ordinery firsts. 24@27c; firsts. 29%0)30*,c; checks. 18*9190; dirties. ts@ •21c' Cheese Twins (new). ttt%e.2o%c; daisies. 19%<i520%e; young Americas. 21 % iff22c ; longhorn*. 23%(®24c; brick. 19%Ya 20c. Live poultry—Turkeys. 30c; chickens. 25(0 28c: springs 25<g3lc; roosters. 18c: geese. 12% 18c ; ducks, 26c.

CLEVELAND PRODUCE. CLEVELAND. Aug I.—Butter—Extra in tubs. 48(40490; prints. 494,050; extra firsts. 4700:48c; firsts, 4600 47c: sec ends. 3404)37 ; packing stock, 16019 c. Eggs—Fresh gathered, northern extras. 37e; extra firsts. 36c: Ohio firsts, new cases, 32c: old cases. 31c: western firsts, new cases. 30c. Poultry- Live, henvy fowls. 25028 c: rosters, 15c; broilers. 250 35c; spring ducks, 23025 c. WHOLESALE BEEF PRICES. The following are today's wholesale market prices for beef euls as gold by the Indianapolis murkets: Ribs No. 2. 21c; No. 3.13 c. Loin* No. 2,22 c; No. 8,18 e. Rounds- No. 2. 22c; No. 8,20 c. Chucks—No. 2. 8c; No. 3, 7c. Plates No. 2. 6c: No. 3. sc. TOLEDO SEED PRICES. TOLEDO. Aug. I.—Cloverseed Cash and October, $14.95; December. $13.90 hid; February. sl4: March. $13.95: Alsike— August and October, sll.lO bid: December, $11.25; March. $11.30 bid. Timothy Cash. $2.05; Sentember, $3; October, $2.00; December, $2.95; March, $3.05. NEW YORK COFFEE. NEW YORK. Aug. 1.- Coffee prices were firm on the market here today, opening options being 15 to 18 points higher, ltlo No. 7, on spot, sold at 6 : >*c per poll n and. NEW YORK REFINED SUGAR. NEW YORK. Aug. 1. — Refined sugar was firm on the market here today, fine granulated:selling at 6c per pound. NEW YORK PETROLEUM. NKW YORK, Aug. 1. Petroleum was /irm on the market here today. Pennsylvania erudo oil sold at $2.25 a barrel. NEW YORK TURPENTINE. NEW YORK, Aug. I.—Turpentine was steady (in the market here today, selling at 58'.j 050 c a gaibui BUY CHEESE ffwcc) OF ™ A \"®/ CHEESE XWr umuMc

VACATIONISTS IN HIGHWAY HOUSE Bungalow 4’sed in Tour of California. TI'LSA, OKla.. Aug. I.—A trip to California is being made from this city tn one of the most unique “vacation boats" imaginable. This "gasoline bungalow" is mounted on a two and one half ton truck chassis equipped with a motor from a five-ton truck. The “voyagers" who are now en route to California in tlieir “pullman" home, are Mr. and Mrs. Walter K. Campbell, their daughter. Dorothy. 14. and their son, Janies. 16. This*family plans to spend two or three months “vacationing," all of which virtually will be spent on the road. The plan of building a “house on wheels" in which to spend his vacation was conceived by Mr. Campbell, who Is a prominent oil operator of Tulsa. Mr. Campbell considers that the vacation sot himself and family will be a very economical one. There will be no railroad fares and no “profiteering" prices for meals, accompanied by-lineral tips to waiters. “While the first cost is a considerable item, the trip itself should be made at a fraction of the expense of the same trip by railroad," Mr. Campbell stated. “But we intend to use this car from year to year, for it is built for service as well as for looks. There may be a few repairs from time to time, but even they will cost less than railroad travel aud its accompanying expenses. Campbells "highway bungalow" is sixteen feet long aud six feet four inches high. There are quite a few windows, which extend entirely around the car, causing it to resemble a street car. Campbell's "car" is very compact. In addition to the driver's seat, there is another seat directly behind the driver's seat, on which the occupants may ride when they wish to view the scenery in front. Behind this seat is a commodious full size berth, with a six-inch mattress that folds into a long, comfortable seat when not used for sleeping purposes. Above this berth is an upper berth, which fastens to the ceiling when not in use.. A third bed is provided by fastening a specially built set of springs to the opposite side of the interior. Across from the lower berth is a table that swings downward and rests against the right wall, but which when raised provides a large dining table. The lower berth is used for seats at this table. Underneath the lower berth are a dozen drawers that extend entirely to the wall These resemble a filing cabinet. Behind the berths is a large clothes closet ol sufficient size tn hold the ordinary clothing of four persons. Adjoining this clothes closet Is the washroom. OBREGON AGAINST GAMBLING. JUAREZ, Mexico. July 26.—President Alvaro Obregon will lend his efforts to the suppression of open gambling in Mexico, according to an official order received at the American consulate here. He has instructed Governors In the States to do everything possible to cooperate with the national government In preventing gambling, especially In the border districts, the order said.

YOUR OFFICE NEEDS How often have you heard that re- - “-"'fea-s* fmark? A neat and businesslike e9k!l@P#' and * s v 't a l importance to the * appearance of your office. Our organization is competent to lay out I , Hlll| 1 -and plan every detail in equipping an office with furniture, fixtures, filing de.vices, etc. We would be glad to have you consult us in your office problems. W. C. BRASS OUTFITTER 116 South Penn. St. Main 0489

STATEHOOD FOR ALASKA URGED BY COL. GREELEY Chief Forester Warns Against Board Rule in Far North Province. WASHINGTON, Aug. 1. Warning against the development board plan for Alaska and advising that the territory be made a State as soon as she is qualified, Col. William B. Greeley, chief of the United States Forest Service, says the proposal for the board plan “may well be challenged." Colonel Greeley has been In Alaska and made an exhaustive study of her resources which he calls the greatest asset the United States has today. The statement is of the most timely nature because of proposed plans for President Harding to take his vacation in the territory this summer and publication of figures showing how the white population fell off 23.4 per cent in ten years. Colonel Greeley deplores red tape methods as having strangled progress In the territory and says: “An effort is now being made to create for Alaska a local commission, or development board, which would take over the duties and authority of the various Federal executives, together with the administration of all publia resources in Alaska, working solely tinder the direction of the Secretary of the Interior. This proposal may well be challenged. After alt. the national Interests in Alaska are paramount. Alaska represents, in her marine fisheries, her enormous agricultural area* and her resources for growing meatprodueing animals, one of the great food sources of the United States. In her vast forests lie a practical solution of our paper shortage. “The United States has painstakingly, by many years of effort, built up national policies for the use of publicly owned timber, publicly owned sources of food, coal and oil resources, water power and Migratory birds, from the standpoint of public welfare in the long run. It has build up specialized organizations hanting these varied resources with the best technical experience and skill tbe country affords. Should it now, by one stroke, cut off a vast region containing onesixth of our total ar-a from the uniform and consistent application of these public policies by tbe specialized organizations created for the very purpose of their accomplishment? 1 think not. “And from the standpoint of Alaska herself, in order to bring about the most effective development of her resources, it would be unwise to cut her off from the direct application of the energies and from the technical and financial resource* if several great Federal organizations which are experts in doing the very things that Alaska needs to have done. FOR DECENTRALIZED ADMINISTRATION. “The development board plan for Alaska is unnecessary because the same results ean be accomplished by a decentralized administration of national affairs In Alaska. ft is dangerous because It means a partial breaking up of the effective and uniform execution of vital public policies for dealing with natural resources. Let us rather develop Alaska In harmony with American policy at all points. Make her a state as soon as she Is qualified. Give her as rapidly as may be the local powers that go with Statehood. At the same time handle permanent national interests in Alaska as they are handled elsewhere, both during her territorial apprenticeship and after she becomes a State, preserving the same policies and nnifonn direction but with localized administrative machinery adapted to Alaska's isolation. “The greatest evil is long-range administration. There is too much centralization of administrative authority in Washington, too many delays in getting things done. And Alaska is subject to too many inflexible regulations or cut-and-dried rries which are unnecessary or nnadapted o her conditions. “A common sense public policy toward Alaska would seem to require action along these lines. First, we should anticipate that sooner or later Alaska wilt he qualified for Statehood and. as rapidly as practicable, we should give her control of the local affairs which in our system of government come under State jurisdiction. SHOULD RULE OWN STATE. “In the second place, the national Interests in Alaska should be administered by a field staff in thp Territory itself. Each bureau or department having functions in Alaska should place them in charge of a resident officer, endowed with the maximum authority possible to act on the ground and with large discretion in applying Federal statutes in Alaskan conditions. Only transactions of the highest importance, the larger question* of policy, and appeals from local decisions should come to Washington. “Then let these responsible Federal officers, together with :he Governor of the Territory and two or more citizens rep resenting her commercial interests, form a sort of Alaskan cabinet, charged with the duty of tying together the. different Federal activities, ironing out conflicts, overlaps, or omissions, and working out the best measures for the all-around development of Alaska. “The people of the United States should recognize that Alaska is their greatest undeveloped physical asset, that they owe it to Alaska and to themselves to develop her resources adequately, and that, while her economic progress will be governed primarily by business factors. no practicable or reasonable form of Federal aid should be withheld. "This calls especially for liberal aid In developing transportation, the lack of which is one of the greatest present handicaps of the Territory. Adequate marine transportation for Alaska is a knotty problem which only an aggressive Federal policy can solve. The completion of the government railroad and its administration as a devolping rather than cost-paying enterprise, are of obvious necessity." The purchase of the Territory from Russia was called "Seward's Folly," when Lincoln's secretary put through the deal. President Harding has just appointed Scott C. Bone, director of publicity for the Republican national committee during the presidential campaign, as Governor of Alaska.