Indianapolis Times, Volume 34, Number 71, Indianapolis, Marion County, 3 August 1921 — Page 10
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STOCK MARKET . CLOSES WEAK Stocks Under Pressure During Entire Final Hour. NEW YORK, Aug. 3.—Teh stock mar ,et closed weak today. Stocks were generally under pressure all through the last hour, when the list generally sold at new low prii es for toe day. Mexican Petroleum was again under preaaure. yielding over 3 poluta to 107 V General Asphalt yielded over 1 point to below 55. American Woolen was also under pressure in the late trading, yielding over 1 point to 69%. Northern Pacific at the clogo showed a loss of over 2 points from the high price of the morning. United States Steel was down to 75*-*. a loss of % of a point from Ita high of the morning. Total sales of stocks were 538.800 shares; bonds, $11,815,000. (By Thomson A McKinnon ! —Aog. 3. Irregularity, with at times extreme dullness, characterized today’s market, yesterday's closing advance being apparently a little too fast to hold. As auggested In our morning comment, there are many rough spots ahead. These are brought to public attention from time to time and they result in realizing sales and short selling of greater volume than th“ market can readily absorb. The American Sugar meeting scheduled for Aug. 10 is expected to either pass or cut to a 4 per cent basis that dividend. In anticipation of this action that stock was aggressively sold today. An analysis of the Midvale Steel statement showing a deficit of about $1,289.0.0 for the quarter ending June 30. probably explains the apathy of the public at the present time toward stocks of this class. The Iron Age speaks hopefully of the near future, suggesting tflet improvement In other industries will soon be felt in iron and steel. Meanwhie the rati market holds the center of the stage and although demand today for rails was at no time urgent, yet there was a steady absorption by commission houses sufficient to care for all offerings without material loss in price. While we subscribe to the general Idea of coming improvement in business and industrial endeavor, yet we see nothing to warrant the prediction of either a pronounced or a sustained upward movement In prices in the Immediate future. A trading attitude with acceptance of profits on bulges, replacing agsln during periods of weakness, seems the proper course to pursue. TWENTY STOCKS AVERAGE. NEW YORK. Aug. 3.—Twenty Industrial stocks Tuesday averaged CO 95. up .27 per rent. Twenty active rails averaged 75.21, up 1.19 per cent. CLEARING HOUSE STATEMENT. NEW YORK, Aug. 3.—Exchanges yesterday were $898,200,000; balances. $84.400.000; Federal Reserve Bank credit balances, $59.400,000.
Money and Exchange
NEW YORK, Ang. 3. —Foreign ex- ' change opened weak today. Sterling %c ! lower, at $3.50%. Francs yielded 3% centimes, to 7.62 c for cables and 7.tJ10 for checks. Belgian cablca were 7.33 c; checks, 7.32 c. Lire*, cables, were 4.19 c; checks, 4.18 c. Guilder cables were 30.59 c; checks, 30.57 c. Sweden kronen cables were 20.35 c; checks, 2>t.3oc. Marks were 1.20%c. Norway kronen rabies were 12 08c: checks. 12 (53c Denmark kronen cables were 15.18 c; checks. 15 13c. NEW YORK CALL MONEY. NEW YORK, Aug. 3—Money—Call money ruled 5% per cent; high 5Vi perl <-ent: low. 5% per cent. Time rales. j steady, all 5(5. Prime mercantile j riaper, steady Sterling exchange was rregular, with business In bankers' bills at $3.50 5-1 G for demand. ACTIVE OH. STOCKS. (By Thomson A McKinnon ) —Aug. 3 —Opening— ! Bid. Ak. Anglo-American Oil 15(4 15% Atlantic Lobns 12 13 Borne-Serymser 340 360 Buckeye Pipe Line 80 82 Chexeb rough Mfg. Cons Iflo 181) Continental Oil. Colorado 105 107 Cosden Oil and Gas 5 6 Crescent Pipe Line 26 28 i Cumberland Pipe Line 115 120 Elk Busin Pete ,yi£ •) Eureka Pipe Line 77 ”0 Ga'ena-Slgnal Oil. pref. new. 87 89 Gnlena-Sienal Oil. com 32 34 Illinois Pipe Line 150 154 Indiana Pipe Line 75 78 Merritt Oil 714 8 Midwest Oil 2 2% Midwest Rfg 135 140 National Transit 22% 234 New York Transit lkl 145 Northern Pipe Line 87 00 Ohio Oil 248 252 Prairie Oil and Gas 420 430 Prairie Pipe Liue 187 pm Sanulps Refg .. 3 31^ Solar Refining 330 350 Southern Pipe Line 79 81 South Penn OU 180 190 Southwest Penn Pipe Lines. 57 60 Standard Oil Cos. of rnd 094 (ism Standard CHI Cos. of Kan 530 Ml) Standard Oil Cos. of Kv 38% 3513 Standard OU Cos. of Neb 155 165 Standard OU Cos. of N. Y 318 322 S-andard OU Cos. of Ohio 360 380 Swan A Fineb 30 35 Fnion Tan< Line 90 35 Vacuum Oil 205 270 Washington Oil 25 SO NEW YORK ( CRB. (By Thomson & McKinnon.) —Aug. 3 —Closiug—/Bid. Ask. Texas Chtef 8 12 First Nat. Copper 75 S5 Goldfield Con 6 8 Havana Tobacco 1 14 Havana Tobacco pfd 3 6 Central Teresa 1 3 Jumbo Extension 4 7 Internat. Petroleum 11 11% N'iplssing 44 4% Standard Motors 44 5 SalfCreek 104 10*9 Tonopab Extension 14 14 Tonopab Mining 13-16 15 18 Cnited P S new 34 14 U. S. Light A Heat 14 14 I’. S. Light & Heat pfd.... 14 14 World Film 4 7 Yukon Gold Mine Cos 1 14 Jerome 18 29 New Cornelia 18 14 United s'erde 22 21Sequoyah 10 20 nmar Oil 14 1 3-I6 Rep. Tire 35 45 Acme Pkg 1 2 NEW YORK RAW SUGAR. NEW YORK. Aug. 3.-Raw sugar wag firm on the market here today, both Cubas.and Porto Ricos selling at 4.86 c per pound, duty paid and delivered, re- . spectlvely. LEGAL NOTICE. NOTICE TO CONTRACTORS. Sealed proposals will be received at the oOlce of the business director of the Board of School Commissioners, southwest corner of Meridian ‘and Ohio streets. until i o'clock p. ra . Aug. 8. I**l. for ths painting at Shortrldge High Schoo’, accordii g to specifications therefore on Hie at the office of the Board of School Coinmiesiot.era at the southwest corner of Meridian and Ohio streets. In IWcapoiis. Indiana. Estimate of work *IO.OOO. *ie. . proposal* must be mars on blanks ptescribed by the State boarl of accounts, w hl<-h will be supplied bv the supeti'ii otdent of building- and groun Js. or the business director of the board. The c< ntractor shall In his bid offer to execute t. e->r.-tru'-t and give a bond, form* of whtcti contract and bond are mad* a par 1 , of the specifications so on file at me • tflce of the Board of School Commissioners. Each proposal must be accompanied by a certified check on a responsible hank or trust company In Indianapolis for *306.00. payable to the Board of School Commissioners of the city of Indianapolis. The right is reserved to reject any or ■ll bids. HOARD OF SCHOOL COMMISSIONERS C\* THE CITY OF IXDIAN'APOLJS. a RALPH W DOUGLASS. W' n- rv-
Asks Suspension of Cotton Exchange WASHINGTON. Aug. 3—A resolution to authorize the Secretary of Agriculture to suspend the action of any cotton exchange which becomes detrimental to the Interims of the cotton producers of the United States, was introduced in tin Sonata today by Senator Heflin (Dem.. Ala.).
N. Y. Stock Exchange
—Aug.2— Frev. High. Low. Close, close. Allied Chemical 364 354 354 36% Alax Rubber .. 234 234 234 234 Al.is Chalmers.. 32 32 32 32 Am. B. Mag. Cos. 304 SO 1 -* 504 31 Am. Car A. Fdy..125% 1254 3254 124'* Am. Can 274 27 27 4 27 Am. HA I, com. 54% 54 544 Am. Inter. Cor. 344 33-4 344 334 Am. L0c0m0.... 83 83 83 83 Am. Sin. A Ref. 37% 374 37% 37 Am. Sugar Ref. 694 69 69 69 A S Tobar Cos.. 434 494 494 494 A St. -I Fdy 254 25% 254 A Tel & Tel ..1064 1054 1054 1055, A Tobacco 1244 123% 124 1244 A Woolen 72 70 V* 71 714 Atlan Coast L.. NS 80‘s 88 88 Anacotid Min Cos 37 4 37 37 4 37% Atchison 874 86 874 86 Atlan G& W I 22Vi -.22 22V* 22 Babl Loco .... 79 1 -* 754 794 78% B & O 4<>(34 40% 894 Beth Steel B 52 504 62 504 Can Pac R 114 T ANARUS 1134 114V4 1134 Cen Leath .... 34 4 34 34 4 35 Chand Motor .. 4S 47 474 48 C A O 58 57Vi 5S 57 CM& St P .... 284 254 28-4 28% C>lA St P pfd 434 424 434 42 Chi A North .. 694 674 64) i,7 ;cr x& p 344 334 344 334 CRI AP 6 pfd 654 644 6*54 61% C R 1 A P 7 pfd 76 75 76 75 % Chili 10V* 10Vi 10 4 Coca Cola 34 33 s * 35v, 334 Col. Fuel A 1... 224 224 22-4 .... Columbia Gas.. 564 66 564 554 Columbia Graph 44 44 44 44 Con. Gas 90% 89 4 90 89% Cusilen Oil .... 2*4 28% 2>% 28% Corn Prod 69 6*4 69 6*4 crucible Steel.. 57% 56 * 57% 554 Cuban A. Sugar 174 17 17 17 Cuba Cane S. 11 It 11 10% Del. A Hudson.. li<2 1014 102 Endicott 61 60% lin'd 61 Erie 11% 14 14% 14 Erie Ist pfd 20% 20% 20% 204 Famous Players 47% 46% 47% 40% Fisk Rubber Cos. 104 9% 9% 11 Gen. Asphalt... 55% 54% 55 54% Gen. Electric 120V* 117% 118 1194 Gen. Motors 10% 10 10 104 Goodrich 33 33 33 324 Gt. North, pfd.. 76% 74% 70% 74% Gt. North. Ore.. 28 2S 28 27V* Gulf States Stl. 33 33 3t Houston Oil 56% 56 56% 564 I Illinois Central. 98 I*6 9* 95 4 Inspir. Copper. 334 334 334 334 I Inter. Corp 4 3% 3% 4 Inter. Harvester 73% 71% 73 73 Inter. Nickel.... 14 13% 14 14 Island Oil A Tr. 3 24 33 Kan. City So 26% 26% 26% 26% Keliy-Spg. Tire. 434 424 43 42% Kennecott Cop.. 194 194 19 4 19’* Lueka Steel 40 394 394 40 Lehigh Valley.. 54 53 54 53% Loews Inc 114 11% 114 114 L. A N 112 11% 11% Marine pfd .... 45% 45 45% 41% Mex. Pete loot, 1064 1*9% 107 1 * Miami Copper.. 21V* 214 21V* Mid. S. 0i1..... 114 11% 114 11% Mid. Steel. 24% 74% 24% 24% Mo. Pacific 21 204 21 204 Mo. Pac. pfd... 41 Vi 40% 414 41 Nat. Lean 75** 75 75’* 74% N. Y. Central.. 734 72% 73% 72% New Ilaveu .... 17% 17 17% 17 Norfolk A West. 98 97 98 96% North. Pac.... 8"% 19% tt 79% Pac. Oil 37% 37 37 37 I’an-Amer. Pet. 51 50 51 50 Penn Ky 39 3s 31) 38 People's Gas.... 56’* s*l 56 55% Pierce-Arrow... 14’, 14% 144 14% Ivrre Marquette 214 2u% 21 20% Pittsburgh C<*al 55 55 53 514 Pressed Steel C. 61 50 61 58 Pullman Pal. C. 91% 934 93 93 Ry S. Springs . 80 774 80 76 Pure Oil 26% 254 2*1% 26% Reading 71 % 70 71% 70 Rep. Iron A S. 4*4 47% 4*4 474 Roy. 1). of N. Y. 51% 50% 51% 50% Sear* Roebuck % 634 65 6~,% 6514 Sinclair 204 20% 20% 2*14 Sis. Shf. S A I 354 3Vj 354 35 South. Paejflc.. 80 79 80 79 Southern Ky... 21% 20% 21% 20% Ist I. AS W Ry. 27% 27* t 29% 27 | Std Oil, N. J... 107 106% 107 107 |StL AS K com.. 23% 25 25 % 24% | Texas A Pacific. 26% 26 2<’% 25% Tobacco Prod.. 39% 5*% 59% 584 TraLS. Ore 74 7% 74 7 , Union Oil 19% 19 19 19% ;Unln Pacific... 122% 121 122% 121 4 Fntd. Ret. Strs. 36 544 55% 55 U.S F.l' Corp. 18% J 7% 1.8 17 ; U. Fruit Cos. .1.104 102 104 102 4 ! Cnited Drug 39% 56% 57 59% U.s.lnuu*. Aleo. 51’, 51’* 51 % 51’, iU. S. Rubber 54 v* ;•% 54% 53% U. S. Steel 754 73% 754 754 i Ftah Copper 4*% 48 48% 474 Van. Steel 30 30 30 29% 1 Vir-Car. Chem.. 24 22 24 22 ! Wabaab 74 74 74 8 i Wab. Ist pfd... 23 22 4 23 22% White Oil 84 84 84 9 ' West. Electric. 43 4 43% 43% 43% | W-Overland .... 6% 6% 6% 64 W. Maryland.. lu% 10 10% 10% •Ex-Divide id. NEW YORK LIBERTY .BONDS. —Aug. 3 Prev. High. Low. Close Close. Liberty B%s 88 20 87.91 B*lo 8.8,00 ; Liberty 2d 4s 87.64 87.60 Liberty Ist %*. 88.10 87 96 88.08 87,9s Liberty 2d 4%5.. 87.82 *714 87.66 87.7 J j Liberty 3d 4%5.. 91 S.S 91 76 91.84 91.80 [ Liberty 4th 4%5. 87 90 87.7+ 87.80 *7 74 t Victory 3%s 9.8 ,88 98.86 98 B)‘> 9.8.70 I Victory 4%s 98.90 98.72 1)8.86 98.70 In the Cotton Market j NEW YORK. Aug. 3 —ln the face of poor cable*, the cotton market developed a good deal of firmness early today, opening unchanged to 11 points lower It almost Immediately advanced and by the end of the first ten minutes was up about 9 points over last night's close. Active support by Liverpool, the trade and Wall street Interests caused stre.ngth. The South was the leading seller at the ‘ start. New York opening cotton: October. 12.70 c-; November. 12.92 c; December, 13 23c; January, 13.12 c; March, 13.40 c; May, 13.00 c; June, 13.55 c bid. The market closed steady at a net gain of 5 to 14 points. —Cottoji Futures— Open. I-Ilgh. Low. Close. January 13.12 13.45 13.12 13.27 March 13.40 13.68 13.40 13.55 October 12.70 13.07 12.70 12.88 December 13.23 13.34 13.23 13.34 LIVERPOOL, Aug. 3. —There was a good inquiry for spot cotton at the opening here today. Prices were steady j and sale*. 6,000 bales. American middlings fair. 10.82d: good middlings, 9.12d ; full middlings, 8.72d; middlings, 8.27d ■ low | middlings. 7.37 U; good ordinary, 8.22d; 1 urinary, 5.47d. Futures opened quiet.
Local Curb Market (By Newton Todd.) —Aug. 3 Bid. Ask. American Hominy com 14 22 Burdick Tire & Rubber 1% is 1 * Capital Film Cos 1 1% Cboate Oil 1 2 Coium. Fire Ins. Cos 6% 8% Comet Aut 1% 2% Dayton Rubber Units 6.') 70 Duesenberg Motor tar coin... 5% 12 Elgin Motor Car 3% 5 Fed. Fin. Cos., pfd 6li 82 Fed. Flo. Cos., com 122 133 Gt. Sou. I*. & Rer. Units.... 5 6 Haynes Motor com 118 Hurst A Cos. com 1 2% Hurst A Cos. pfd 50 70 mdpls. Securities pfd 2% 4 Metro- 5-50 c Stores com ... 11 14 Metro. 5-30 c Stores pfd. .. 30 30 Robbins Bodv Corp. I nits... RS 00 Rub Tex Units 18 23 Stevenson Gear Units 0 7% V S. Mort. Cos. Units 108 170 State Savings A Trust C 0... 87 92 Stevens Duryea Units 43 48 NEW YORK METAL MARKET. NEW YORK, Aug. 3.—Copper—Weak ; spot, August and September offered, ll%e. Lead-*-Quiet; spot, August and September, 4,.400. Spelter—Quiet; spot and Au- — - -♦ . •+ * 4
SWINE PRICES 15 CENTS LOWER Good Cattle Command Steady Prices— Others Lower. RANGE Oh HOG PRICES. Good Gcod Good July Mixed. Heavy. Light. 26 . *11.25 @ 11.35 $11.05 (g - 11.15 *[email protected] 27. [email protected] 11.10 @11.35 11.7.4 @ 12.00 i 28. 11.30 (g 11.60 [email protected] 11.75 @ U.Ba 129. 3 1.30 @ 11.60 11 [email protected] 11.75 @ll 8 ; 30. [email protected] 10.95@ 11.00 [email protected] ! Aug 1. [email protected] [email protected] 1135 2. [email protected] 11.20@ 11.25 11.35 S. [email protected] 11.06011.10 11.70 Swine prices were 15 cents lower on | the local live stock exchange today, due ! principally to large receipts. Receipts for the clay approximated 11,500 fresh swine. Light swine brought $11.75; mixed and mediums. $11.3065(11.55 and heavies, $11.05 ©ll.lO. Pigs generally brought 5t1.25. with a few at $11.50. Roughs brought $9 and down. The bulk of the sales ranged at $11.30 <311.70. Prices, commission men stated, would have been lower on account of-the large receipts had It not been for the good shipping demand. Both local packers and shippers were p tivn and a good 1 clearance for. the day vas anticipated. Rains, which make the marketing <>f swine easier, was said to have been the ! cause of the large receipts on the market. j Good cattle were 1n good demand today I and prices of that grade were steady to ! stronge, but there was little demand for j the common stuff. There were cloge to 1,01)0 fresh cnttlp on ' the market, with close to 300. commission | men stated, held on the market from the 1 past two days markets. A few good steers sold at $9.25, while : there were several sales at $9.35. i Some good heifers brought $*.75, hut ; generally the demand for that grade of ; cattle was not good. There was a fair demand for bulls at steady prices. With 1,000 calves on the market, prices were generally steady, although there were sales of cull and common calves that w-ere 50 cents lower than the general market on' those grades on the previous day. There was an extreme top of sll on choice veals, while several sales of that grade were made at $10.50. j There were close to 1.000 sheep and j lambs on the market. Prices of sheep j were steady and choice lambs were 50 j cents higher at $lO and down. HOGS. Best light hogs, 160 to 200 1 lbs average II.7” j 209 to 300 lbs 11.00© 11.55 j 1 >ver 300 lbs 10.85)110.95 'Sows 8 .'like. 1 '*T j Stags 6.50i® 7.50 Best pigs, under 140 lbs 11.30 down. Top 11 SO Bulk of sales 11.31 kg: 11.70 CATTLE. Prime cornfed steers, 1.000 lbs and up 8.50© 9.50 Good to choice steers, 1,200 to 1 300 tbs 7.50© 800 ! Good to choice steers. I.IUO to lb* 6 00© 7 50 Common to medium steers, ! 800 to 1.000 lbs 5.50© 6.00 lleifers and Cows — I Good to choice heifers B.oo© 8 75 Medium heifers 7fO'rt 80) Common to medium heifers. 5 00© 650 Good to choice cows 5.00 w 8.00 Fair to medium cows 3.25© 4 25 Cutters 3.50© 4.50 | Cauuers 1.25© 2.00 —Bulls— Good to choice butcher bulls 5 00© 67,) Bologna bulls 4.006} 5.00 Light bologna bulls 3.0067 4 00 Light to common hull* S.iKi© 373 —Calves—- ‘ Choice veals 10.00© 10.50 Good Veals *.oo® 10.00 Medium veals 7.5061 8.50 Lightweight veals 7.50. t 850 'Common heavyweight Veals.. 5.00 46 OU —Stockers and Feeders— Good to choice steers, under BiM lbs 5.30© 0 50 1 Medium cows 2.50© 3.50 Good cows 2.766} 4.00 | Good heifers 6.30®> 7)0 Medium to good heifers 450© 5 7>o Good milkers ST([email protected]) SHEEP AND LAMBS. Ewes 2.50® 3.00 Lurks 1.50© 2 00 I ('hoi.-e ewe and wether lambs 10.0(1 down S-s-onds 7.0047 7.50 Buck lambs T'O© 8.'4) ! Cull lauibs 3.00© 5.00
Other Livestock
CHICAGO, Aug. 3. —Hogs—Receipts, lA.ono; market steady to 15e lower, bulk, $9.00011 .40; top, $1133: heavyweight. slo.top. 11.10; medium weight. .illl'aU 10; light weight. *11.15011.60; light lights, $11011.40 heavy packing sows, smooth, *9.45010.10; packing sows, rough, $9.1 00 943; pigs. *10.504111.25. tattle—Receipt*. S.(KS); market steady to strong: heef steers, choice and prime, $9,330 10; medium ntld good, $7.5009.56; good and choice, $8.75010.25; common an<i medium. *3.5008.7?>; bub her cattle, heifers. $4 .250 8.75 cows, >3.7541" I bulls, *4O 6.50; canners and cutters, cows and heif ers, *2.234(3.73; canuer Steers. *2.754(4; veal calves (light and handy weightj, $s 25400; feeder steers, *4.750,25; stocker steer*. *3.734(0.75; stacker cows aml heifers $2,504(5.50. Sheep Ueceitps, 10,000; market, lambs, strong to 25c up; sheep weak to lower, lambs iM lb*, down). *8.73010.75: lambs, culls and common, $503 50; yearling wethers, *<@ 8.25; ewes $3 254(5.25; ewes, culls and common, $1 304/3; breeding ewes, S3O 0.50; feeder lambs, $0.5007.50. CINCINNATI, Ang 3. —Hogs—Receipts, 3,500; market, steady to 25c lower; heavies, *10.75011.23; mixed. $1125; modium*. *11.25011.50; lights and pigs. $11.75: roughs, SS2S; stags, $0.50. Cattle—Receipts, 800; market, slow and weak; bulla, steady; calves, $10010.50. Sheep and lamba —Receipts, 5,500; market, steady. CLEVELAND, Aug. 3. —Hogs— Receipts, 1,500; market, 23c up; yorkers. mixed, mediums and pigs, $12.25; roughs. $0.25; stags, $7 25. Cattle —Receipts, 000; market steady. Sheep and lambs—Receipts, 500; market, 50c up: top, $10.75. Calves —Receipts, 500; market, 50c up; top, *12.50. EAST ST. LOUIS. Til., Aug. 3.—Hogs— Receipts, 7,300; market, 6010 c lower; mixed and butchers, $11.254011.50; good heavies. $11011.45; roughs, $609; lights, $11.50011.60; pigs, $10.25011.40; bulk of sales, $11.86011.50. Cattle—Receipts, 5,500; market steady; native beef steers, $8.7309; yearling steers and heifers. $9 @10; cows, *3.7500.25; stockers’and feeders [email protected]; calves, $909.25; canuers and cutters, $203.30. Sheep an ! lambs Receipts. 2.0O0; market, 23c higher; mutton ewes, *304.25; lambs. [email protected]; cannera and choppers, $1.5003. PITTSBURGH, Aug. 3.—Cattle Receipts'. light; market, steady: choice. *8.13 *5.9: good, *608.50: fair, $808.25: veal calves. $11011.50. Sheep and lambs—Receipts, light; market, slow; prime weathers, *52505.50; good. *4.2505,23; mixed, fair, $404.30; sping lambs, $10.50 @ll. Hogs—Receipts, 10 dd; market, higher; prime heavies. $11.25011.50: me diums, sl2 40011,60. heavy Yorkers, sl2 50 @l2 00: light Yorkers, $12.50@ 12.60; pigs, sl2 50012.60; roughs, $7.5008,75; stags, $5 500 6. EAST BUFFALO, Aug. 3.—Cattle Receipts. 500; market, slow, steady; shipping steers, $909.50; butchers grades, $S@9; cows, $206. Calves—Receipts—--25n; market, active, 50c up; culls to choice, $34(13. Sheep and Lambs—Re ceiyts, 1.000; market, steady; choice laud's. $10.504411 ; culls to fair, $709.75; vearlings. $607.50: sheep, s@6. Ilogs -- Receipts. 1,600; market, active. 23(960c no: yorkers. *12.75013; pigs. *12.75015; pigs.' $12.75013; mixed. $12.500 12.75; heavies. $11.50012.25; roughs, *900.25; stags s3@6. INDIANAPOLIS PRODUCE. Eggs Loss off, 29c. Butter—Packing stock, 16c. Poultry—Fowl. 20@25c; springers, 23028 c; young tom turkeyß, 30c; young hen turkeys. 30c; old tom turkeys, 200125 c; cull thiu turkeys not wanted: ducks, 4 lbs. and up. 13c: spring ducks. 3 lbs. and up, 20c; geese, 10 lbs. and up, 9c; squabs, 11 lbs, to the dozen, $5. Butter—Local dealers are paying 43@ 44c per pound for butters delivered in Indianapolis. Butterfab—Local deals** are paying 42c -- 1-- - , so- hTlfforf-f rfMlr*-ed
INDIANA DAILY TIMES, WEDNESDAY, AUGUST 3,1921.
Local Stock Exchange
—Aug. 3 STOCKS. Bid. Ask. fnd. Ry. & Light com 60 ... Did. Ry. A Light pfd 70 Indpla. A N. W pfd 75 Indpls. A Southwestern pfd.. ..: 75 tndpls. St. Ry 42 T. T. I. A Light pfd Terre Haute, I. A E. com 4 Terre Haute, I. & E. pfd 12 U. T. of Ind. com 1 U. T. of lull. Ist pfd 7 U. T. of lud. 2d pf<l 2 Advanee-Rumely com Advance-Rumely pfd ... American Central Life 235 Am. Creosoting pfd 100 Belt R. K. com 62 62 Belt R. K.,pfd 43% 60 Century Bldg. Cos. pfd 90 Citizens Gas Cos 27% 31 Dodge Mfg. Cos. pfd 89% ... Home Brewing 54 64 Indiana Hotel com 60 Indiana Hotel pfd 1)3 Ind. Nat. Life Ins. Cos 3% ... Ind. Title Guaranty Cos 59 Indtanu Pipe Line 73 80 Indpls. Abattoir pfd 4C 60 ludlauapolis Gas 43 46 Indpls. Tel. Cos. com 2 Indpls. Tel. Cos. pfd 60 Mer. I’ub. Util, pfd 43% Nat. Motor Car Cos 8 Pub. Sav. Ins. Cos 4% ... Itauh Fertilizer pfd 40 Stand. OU of Indiana 68% 70% Sterling Fire Ins. Cos 7 8 Van Camp Hdw. pfd 90 100 ( Van Camp Prod. Ist pfd 100 Van Camp I’rod. 2d pfd 100 Vandalia Coal Cos. pfd 4 8% Vandalia Coal Cos. com ... 8% Wabash Ry. com 7 W Wabash Ky. pfd 22 25 BONDS. Broad Ripple 5s 50 Citizens St Ry. 5s 65% 69% Ind. Coke A Gas 6s -00 Indian Creek 0. A Min. 65... . -00 Indpls., Col. A- South 5* ... 88 Indpls. A Martinsville 65... 42% ••• Indpls A Northern 5s 35 38% Indpls. A N. W. 5s 38% ... Indpls. A- H. E. 5s 60 Indpls., S. A S. E. 6s Indpls. St. Kv. 4s 50 53 Inilpis., T. A- T. 6s 65% 72 Kokomo, M, A W. 5s 74 78 T. H„ 1. A E. 5a 44 U. T. of Did. 6s 46% 56 Citizens St. Ry. 5* 65% 70 Indpls. Gas Cos. 5s 69 75 Ind. Hotel Cos. 2d 6s 94 Indpls. Light A Heat 55..., 73 81 Indpls. Water 4%s 65 72 Indpls. Water 5s 87 92 Mer. H. A L. Ref. 5s 85% 94 New Tel. Ist 6.. 94 New Tel., Long Dlst. 55.... 93% ... Southern Ind. Power 6a 400 LIBERTY BONDS. Liberty Ist 3%s 88.00 88.50 liberty Ist 4%a.. 87.88 88.38 Linen v 2.1 4',s. 87.50 88.00 Liberty 3d 4 ! *s 91.60 92.10 Liberty 4th 4%s 87.84 *8 14 Victory 3%a 0*.66 99.10 Victory 4%s 98.06 99.00 SALES. SI,OOO Indpls. St. R.v 4s 51
Weather
Tho following table shows the state of the weather in other cities at 1 a. m., Aug 3, as observed by U. S. Weather Bureaus : Station. Bar. Temp. Wrath. Indianapolis, Ind. . Hti.o3 63 ltain ilianta, tin 30.14 70 Cloudy Amarillo. Tex 30.18 62 Clear Bismarck. N. I). .. 30.12 54 Clear Boston, Mass 80.06 60 I’tCldy Chb ago, 111 30.12 70 Clear Cincinnati, 0 29.98 66 Cloudy Cleveland, 0 30.04 68 Pti'ldy Denver, Colo 30.10 t Clear Dodge City, Kas. .. 30.20 60 PtCldy Helena, Mont 21)98 64 Rain Jacksonville, Fla. .. 39.22 Hi) Clear Kansas < itv, Mo. •)16 64 Cloudy Louisville, Ky 30 00 7 4 Cloudy Little Rock, Ark .. 30,00 7K Cloudy Los Angeles, Cal. .. 29 9* 58 Cloudy Mobile. Ala 30.16 *4 Clear New Orleans, La. .. 30.16 *2 Clear New York, N. Y. ..30.00 64 Rain N-.rf.dk. Va 29.96 82 PtCldy (tklahoinn Cilv .... 30.16 04 Clear Omaha. Neb. ' 30.18 60 Clear Philadelphia. Pa. .. 29.98 62 Rain Pittsburgh. Pa 29.98 62 Rain Portland, Ore 30.20 52 Clear Rapid City. S D .. 30.04 60 Clear Rogeburg, Ore 30.12 58 Clear San Antonio, Tex. 80.12 76 Clear San Frnnelseo, Cal. 30.00 50 Cloudy St. Louis, Mo. 30.0* 66 Cloudy St. Paul, Minn. ... 30.10 64 PtCldy Tampa. Fla 30 22 *2 Clear Washington, D. C. . 20.90 70 Cloudy WEATHER CONDITIONS. Since Tuesday morning showers and thunderstorms have continued from the middle MHUs’ppl River eustwnxd across Ohio, and have extended further to the middle Atlantic coast. Scattered shower* have al*o occurred In the southeastern State* anti in part* of the West. It 1* a little cottier in the middle Ml**t*atppl and Ohio valleys, but nllghtly warmer over must tis the northwest. J. It. Alt MINGTON, Meteorologist, Wet.ther Bureau. CORN' AND WHEAT BULLETIN. For the twenty-four hours ending at 7 a. m„ 96th meridian time, Wednesday, Aug. 3, 1921; Temper-1 ature la 1 ————— ° Station* of fc, | 2: c£ * Indianapolis f 2:*Y District Rc * g-2 -f! es ;c t g SgM I* j* (j 2 o South Bend 63 57 0,55 Good Angola 1 64 5* 0.75 Good Ft. Wiivno 62 62 056 Wheat field 65 57 038 j Good Royal Center....! 66 60 0.47 j Good Marlon 72 62 096 ! Good Lafayette 73 '62 085 Muddy Farmland 76 1 61 ! 070 \ Good Indianapolis 77 ; 63 0.95 ! Good Cambridge City.. 81 tu ]077 1 Slippery Terre Haute !7*• 64 1.06 (Good Bloomington ....: 85 ’ 65 ! 041 ■ Muddy Columbus ; 84 65 ! 0.67 Rough I'aoll 93 70 | 2J15 j Good Evansville ! 94 ] 70 ; 0 90 j J. 11. ARM INC,TON'] Meteorologist, Weather Bureau.
WHOLESALE FEED PRICES. Ton. Uwt. Acme Bran $24.00 $125 Acme Feed 24.00 1.25 Acme Mtdds. 20 00 1.35 Acme Dairy Feed 39.50 2.00 E-Z-Dalry Feed 31.50 160 Acme H. A M 35 00 1.70 Acme Stock Feed 27.00 1.40 Cracked Uorn 33.25 1.75 Acme Chick Feed 41.75 2.15 Acme Scratch 38.75 200 E-Z-Scratch 83.75 1.85 Acme Dry Mash 40 73 2.10 Acme Hog Feed 39.00 2 00 Homliek Yellow 28.00 1.45 Rolled Barley 38.00 1.95 Alfalfa Mol 33 75 1.75 Cottonseed Meal J. 47.00 2.40 Linseed Oil Meal 51.00 2.60 Acme Chick Mash 43 75 2.25 FLOUR AND MEAL. E-Z-Rake bakers' flour, 98-lb. cotton bags $7.90 Corn Meal, 100-11,. cotton bag* 11.00 CLEVELAND PRODCCE. CLEVELAND, Aug. 3.—Butter—Extra, in tubs, 49@49%c; prints, 50(050%c; ex tra firsts. 4s@4B%e; firsts, 47@47%0; seconds, 04%@37%c; packing stock, 16010 c. Eggs—Frsh gathered, northern extras, 38c; extra firsts, 37c; Ohio firsts, new cases, 83c; old cases, 30c; western firsts, new cases. 30c. Poultry—Live, heavy fowls, 25@28e; roosters, 15c: broilers, 23 @350; spring ducks. 23025 c. WHOLESALE BEEF PRICES. The followmg are today's wholesale market prices for heef cuts as gold by the Indianapolis markets: Ribs—No. 2. 21c; No. 3,13 c. LoinsNo. 2,22 c; No. 3,18 c. Rounds—No. 2, 22c; No. 3,20 c. Chucks-No. 2. 8c; No. 3, 7c. Plates—No. 2. Cc: No. 3. sc. TOLEDO SEED PRICES. TOLEDO. Ohio. Ang. 3. —Clover seed — Cash. $13.20; October, $13.25; December and March. $13.05 bid; February’, $13.10. Alsike—August and October. $11.25; December and March, $11.50. Timothy.— Cush, *2 65; September and March, $3; October, $2.90; December, (2.92%. NEW YORK COFFEE. NEW YORK, Aug. 3—Coffee was •tsadjr hep> todsA wer*
GRAIN PRICES SUFFER LOSSES Commission House Sales and Little Export Demand Factors. CHICAGO, Aug, 3.—Grain priees dropped on the Chicago Board of Trade today due to heavy selling by commission houses and favorable market reports. There was little export demand. After a weak opening the market showed some gain, due to covering by shorts, lut the advances W'ere lost be fore the close. Provisions were irregular. September wheat opened at $1.25, off ",*c, and closed off 3c. December wheat opened up %c at $1.28% and closed down 2c. September corn opened off %o at 59c, and lost %c additional at the close. December corn opened off %c at 59%c and closed down %e. September oats opened unchanged at 38%c and dosed off %c. December oats opened unchanged at 41 %c and closed off %'c. (By Thomson A McKinnon.) —Aug. 3 Wheat —There seems to be a slowing down In the milling demand for wheat in Southwestern markets, the offerings going largely to elevators and exporters. Just here we want to mention that ts elevators buy the current receipts they place hedges in the future deliveries, therefore, the present primary movement is building up a load upon the market. Export demand remains slow, and it is said that English resellers are offering abroad at less than United Stares basis. Private estimates of the Canadian crop indicate a yield somewhat smaller than a year ago, but it is probable that financial conditions will necessitate an early and free movement of the Canadian crop as well as our own spring wheat crop. Inasmuch as the present market Ir too narrow to accept hedging sales of the winter wheat crop ir follows that offering# of the spring wheat crop will prove burdensome. It Is not accepted that north America has any surplus over and above foreign requirements, but It is becoming to be believed that the enforced liquidation ty the producer and the foreign buying on credit basis, means a temporarily lower range of prices. Corn and Oats—There is a rather brisk export demand for corn, but the Improved crop outlook, due to recent rains, offset this Outside of the export business the demand is slow, offerings from Illinois points have been materially increased. Private estimates of the Canadian crop of oats show a yield smaller than last year. Out this is ignored in the light of the large visible supply and tho free movement from the country. Under the prevailing apathy of the consumer and the Investor we expect corn and oats to sympathize with any weak ness In wheat Provisions—Reports of good export sales of lard failed to revive interest In the provision market: on the contrary, there was moderate liquidation In sytn 4>athy with grains and lower hogs. We anticipate Some further recession In prices, but no great weakness CHICAGO GRAIN TABLE. —Auir. 3 Wll EAT— Open. II gli. Low. i'lo*e. Sept 1.25 1.25% 122 122 Dec 1.28% 1.29 1.26% 1.20% CORN - S<-[| .39 .59 1-5 .58% 58% Doc 59',* .60 .59 .59% OATS Sept 38% 38% 38 .38 Dec 41% .41% .41 .41 •PORK - Sept. 18.85 LARD— Sept 12 20i 12 20 1212 12.20 Oct 12.27 12.30 12.25 12.30 RIBS Sept 10 70 10 70 10.05 1065 •Oct 10.57 RYE— Sept 1.13 113% 112 1.12% Dec 1.11 1.12 1.10% 1.10% •Nominal.
CHICAGO CASH GRAIN. CHICAGO, Aug. 3.—Wheat No 2 red. $ 1.24© 1.24%; No. 3 red. *1.21 ©1.22: No. 2 hard winter, $1 23%@d.24%: No. 3 hard winter. $122%®! 23; No. 1 northern spring. *127%: No. 2 northern spring $1.32© 1.33% ; No. 3 spring, *1.23© 1.27. Corn No. 2 mixed. 6"% c; No. 2 white, ei.-©01o; No. 6 yellow and No. 6 mixed. 54%e. Oats -No. 2 white, 35%©370; No .3 whtte. 33%©34%c; No. 4 white, 31%@ 32%c. TOLEDO CASH GRAIN. TOLEDO. Aug. 3 Wheat -Cush and August, $1.28%; September, $1.30%; December, $136% Corn- -4 ash, 66%©67%'\ ots —Cosh, 42©43c. Rye -Cash, $1.14. Burley—Cash, 58c. PRIMARY MARKETS. (By Thomson A McKinnon) —Aug. 3 Wheat Corn Oats Chicago 1,018.000 2.87,000 1,299.000 Milwaukee ... 271,000 37.01)0 154.000 Minneapolis .. 352.000 19,000 182,000 Duluth 96.000 St I.ouls 251,000 111,000 64,000 Toledo 48,000 8.000 80.000 Detroit 14.000 6.000 18,noo Kansas City.. 547,000 16.000 80.000 Omaha 204,000 84, 000 34,60.0 Indianapolis.. 52,000 39,000 254.000 Totals 2.853,000 607.000 2.165,000 Year ago .1,867.000 567.000 806 000 Shipments— Wheat Corn Oats Chicago 66 00 35,0110 182.000 Milwaukee 3.000 126.000 194,000 Minneapolis .. 19.000 10.000 43.000 Duluth 40,000 Bt. Louis 233,000 91.000 83.000 Toledo 2,000 7,000 Detrott W”i Kansas City.. 471.000 43,000 0,000 Omaha 275.000 92.000 I*ooo Indianapolis.. 4,000 7,000 30,000 Totals 1,291,000 406,000 588,000 Vest ago... 962,000 864,00i) 831,<3)0 -—Clearances , Domestic W New York 389,000 Bnltlmore sfl,lSMi New Orleans 240,000 Totals 685.000 Year ago 973,000 INDIANAPOLIS CASH GRAIN. —Aug. 3—• Bids for car lots of grain and hav nt the call of the Indianapolis Board of Trade were: Wheat—Easier; No. 2 red, $1.22. Corn—Easier; No. 2 white, 63®63%c; No, 3 white, 02@02%c; No. 2 yellow, 61% ©62c; No 3 yellow, 60%®filc; No. 2 mixed, 60©00%c; No. 3 mixed, 59®50%c. Oats —Steady: No. 2 white, 35%@37e; No. 3 white. 32%@34e. Hay—Steady; new; No. 1 timothy, $18.5U@19; No. 2 timothy, slß©l.B 50 No. 1 light clever mixed, sl7 50® 18; No. 1 clover, $10@17; old. No. 1 tlmothv, sl9 @2O. —lnspections Wheat—No. 2 red, 4 cars; No 3 red, 8 cars: No. 4 red, 1 car; No. 3 hard, 1 car; No. 2 mixed, 2 cars: total, 166 cars. Corn—Corn —No. t white, 2 ears; No. 2 white, 8 cars: No. 1 yellow, 4 cars: No. 2 yellow, 2 cars; No. 3 yellow. 2 cars; No. 4 yellow. 1 car; total, 19 cars. Oats—No. 2 white. I car; No. 3 white, 46 cars: No. 4 white. 21 cars: sample white, 1 car; No. 2 mixed, l car; No. 3 mixed. I ear: total, 71 cars. Rye—No. 2, 2 cars. Hay—No. 2 prairie, 1 car. HAY MARKET. The following ore the Indianapolis f trices for hay by the wagon load, deIvered; Hay—Loose timothy, old. $19@21 ; mixed hay, new, $18@17; baled hav, $lB @l9. Oats—Bushel, new, 35@380. Corn—New, 65@67e per bushel. WAGON WHEAT PRICES. Indianapolis flour mills and elevators todny are paying $1.13 for No. 1 red winter wheat; sl.ll for No. 2 red winter, and according to test for No. 3 red. Elevators are bidding 30c for No. 3 white oats or better. NEW YORK PETROLEUM. NEW YORK, Aug. 3.—(-Petroleum was steady on the market here today. Pennsylvania crude oil was quoted at $2.25 a barreL NEW YORK WOOL. NEW YORK, Aug. 3.—The wool market hsr# today was about atsady. Pries* of )h reer’rd of the nherious day were
BOSTONIAN HOME FROM ABROAD
i i i'h )M—III ■ IllSi— l'*li*——lll'll 'l l .
Miss Eleanora Sears of Boston, noted sportswoman, photographed upon her arrival in America from England and France, where she played numerous tennis matches. Besides being a devotee of tennis Miss Sears Is a noted horsewoman.
BETTER BUSINESS OUTLOOK GIVEN Charge Retailers Hold Meat Prices at War Figures. In an article in this month's issue of th" Armour Magazine retail dealers are charged with holding the prices of meat at the old prices, while wholesale prices are falling. The public. It is asserted In the Nrtlele. ik still demanding choice meat cuts and this, combined with the action of the retail dealers, is claimed to be one of the stumbling blocks of the general business conditions of the country. Improvement in general business conditions Is said to have been made in July and a better outlook for the future is given. The report In full follows; For many months the packing in dustry has had its hopes for business Improvement pinned on the Revival of export trade. This month has brough. what seems to be positive assurance of revival In that particular field of the meat packing industry. From week to week orders for export account have grown In volume, with a correspond log Increase In the exteut of Inquiries and orders for future transactions. Necessarily, as foreign business increases. the slack in domestic trade will tie taken up and a much heavier tone will underlie the packing Industry, whien. naturally, must l>e reefleted with more or less promptness upon otter ludus tries. DOMESTIC TRADE 18 BETTER. •'Domestic trade itself has been on a steadier and more satisfactory basis this mouth than has been the case for two years past. Demand for cured pork products, ordinarily heavy at this season of *he year, has been beyond expectations, and stocks of hams and bacon have moved with unusual case into domestic channels. Fresh pork trade als" has been given an Impetus due somewhat to foreign buying and an Inadequate supply of suitable hogs. The beef trade has had its ups and downs, but, on the whole, the beef situation has shown marked improvement. Collections thnt have been reported with monotonous regularity as slow* are now spoken of ns 'satisfactory.' despite the fact that the usually dull preharvest mouths are here. "Undoubtedly, the Improvement In domestic business for packing house food products reflects improvement that is being made in other Industries. Unemployment Is not so great a menace as it was two months ago. Many workmen are being absorbed it. various industries as the activities of those Industries are increasing, and ns the outlet for their products becomes wider AH of this has Instilled a general feeling of steadiness In most of the basic Industries and has led to an extension of purchases by the general public The significant feature of the market is the continuing lack of demand for the cheaper cuts of meat, which, while indicating the ability of the public to buy whit it wants when it wants if. unfortunately Indicates the lack of desire on the part of the public to taka advantaga of the more economical ways of living. One of the immediate results of a more extensive use of the so-called cheaper cuts of meat would be the reduction in price of the more expensive cuts—-ft program by which producer. packer nnd consumer would all three benefit. “By virtue of the stimulation which trade In packing house food products has received. It is most reasonable to expect that other businesses will be affected by It in tho not distant future. There is no desire to give here the thought or even the hope that commodity prices generally have reached their several proper levels, though it must he admitted that wholesale soiling prices pretty generally hive dropped to a point below which they cannot go without undue injury to the industrial fabric of the Nation. Some adjustment may yet have to be m'd" *v many lines that have not reached their proper equilibrium In the economic scheme of commodity prices, but the gen oral housecleaning seems to have run Its course. WHOLESALE PRICES SHOW DECLINES. ''Statistic* complied by the United States Department, of Labor do not seem to disclose any situation where retail selling prices have kept imce on the down grade with the wholesale i>rices, but sinee In sueh a race wholesale prices always must take the lead, it is to be expected that there will yet be hesitancy on the part of some retailers to mark down their stocks to replacement values. "The national financial situation showed further improvement during the month. The net ratio of deposits to loans and discounts in the Federal Re serve Banks reached the high point of 01 2-3—the high record since the formation of the Federal reserve system. Loan and discount rates eased generally throughout this country and in some parts of Europe, Indicating unexpected financial stability both here and in some foreign countries, England particularly. Loans continue difficult to obtain, the banks still pursuing their tactics of ex treme caution. That, undoubtedly, will continue until after this year's crops shall have been harvested. “Everything considered. It seems safe to say at this time that the industries of the Nation will enter their fall activities on a much more satisfactory and firmer basis than has existed for them for many months With the ironing out of some rough spots in the labor sun ation. and with the further curtailment of some other operating expenses, business generally shoo’d find Us equilibrium before the snow flies." STUDENTS RIDE. In front of a high school building in Cincinnati the streets are lined with passengsr automobiles, mors .than two hundred students ridlr* to snd from the
Indianapolis Car Is Ditched and Burned Special to The Times. NOBLES VI 1.1. E. Ind., Aug. 3.—A practically new seven-passenger touring car was destroyed by fire a few miles northeast of tills city last night when the driver is said to have made an effort to make a double cuvre in the road at a high rate of speed. The machine shot over an embankment, went through a wire fence into a cornfield, struck a rock and caught tire. So far as the police have ben able to ascertain no one was hurt In the accident. According to the license number on the car it was the property of Floyd E Jackson, 97.2 LaSalle street, Indianapolis. Masons of Decatur Entertain Children Special to The Times GREENSBI RG, Ind., Aug. 3—Nearly 150 children from the Masonic Home at Kranktln are hero today as guests of the Decatur County Masons, who are giving a picnic for the benefit of the children at Hillsdale Park, five miles east of this city. The Masonic Home Band, comprising twenty-five boys, are In the pa rty. Hundreds of Masons and their families are in attendance. Lodges in Kush, Shelby, Bartholomew, Ripley. Franklin and Decatur Counties have representatives present. Insane Criminal Again Corralled ST. PAUL, Minn., Aug. 3.—Frank McCord, who escaped from the State Insane Asylum at St. Peter after overpowering a guard, was captured today at New Richland, Minn., the state parole board announced. Parole Agent Whittier captured McCool after a chase from Mankato to Waseca aud thence to New Richland. McCool was serving a thirty year sentence for the murder of Patrolman George Connery, Minneapolis, and was an accomplice in the famous Alice MeQuUlau Dunn murder here. Form New Ralston Club in Fourth Ward The regular meeting of the South Side Republican League will be held at the ! South Side Turners' Hall at 8 o'clock Thursday eevening. A Ralston fnr-Mayor Clut was formed In the Fifteenth precinct of the Fourth ward last night, nt a meeting held at the home of W. J. Cook, 1220 South Gale street. Mrs. Lulu Ross was elected chairman. Robert Robison, rice chairman, and Mrs. O. H. Ilendren, secretary. Starke County Sends State Small Bill Starke County officials have sent the State of Indiana a “duu" for a little bill of $16,250.13, which it says is due from the State, for ditching assessments. The State owns a considerable area of meander lands in Starke County, and the county officials have sent notice for the ditch assessments due from drainage projects. The State probably will sell some of its lands to pay the assessments. Off for Europe to Attend M. E JYleeting Special to The Times. NOBLESVILLE. Ind., Aug. 3.—Judge and Mrs. Fred Himes of this city have left for London, England, to attend the annual world conference of Methodists. Judge Hines is one of the five delegates who will represent Indiana Methodists at the meeting. Mr. and Mrs. Hines also expect to visit Italy, France, Belgium, Sl>aln and Holland. DOUGLAS DENIES STATEMENTS. WASHINGTON. Aug. 3.—ln response to an Inquiry from Secretary of State Hughes, Albert Douglas, chairman of the American commission at the Peruvian centennial, today cabled a dental that he had made statements attributed to him which were offensive to Chilean news papers. MOTOR SECURITIES. (By Thomson & McKinnon ) —Aug. 3 —Opening— Bid. Ask. Briscoe 8 10 ! Packard com 6% 7% j Packard pfd -• 64 66 Chevrolet 100 400 Peerless 25 27 Continental Motors com 5% 6 Continental Motors pfd 7*) 78 Hupp com It% 12 Hupp pfd 85 90 Reo Motor Car 18% 19% Elgin Motors - 4 4% Grant Motors ... 1% 2% Ford of Canada 252 260 United Motors 30 60 National Motors ............ 5 8 Federal Truck IS IS Paige Motors 18 17
IMPROVEMENTS HELD FOR TALK Streets Connecting City and County to Be Put in Under New Law. Final action upon resolutions for the permanent improvement of three sections of streets connecting paved country highways with permanently improved city thoroughfares, was postponed by the board of public works today until Aug. 8 in order that a conference may be he’d with the county commissioners Friday morning. The sections. West Washington streftt from a point 538 feet west of Harris street to the east end of the Big Four subway. Madison avenue from Raymond street to Glendale avenue, and Churchman avenue from a point five feet east of the Be't railroad to Keystone avenue, arp to be improved under the law passed by the 1921 Legislature providing that the city and county shall equally divide the excess cost of Improving such stretches wherever it is over 50 per cent of the assessed benefits to abutting property. Fnder this law the board and the county commissioners must execute a contract agreeing upon the kind of material to be used before the resolution is confirmed. This is to be done on each of the resolutions at the conference. elegations of property owners along each of the three sections were before the board today sekii g information as to the method of assessment. Practically all of them favored the Improvements. A preliminary order for the use of wooden block in resurfacing Maryland street from Illinois street to Virginia avenue was made. Property owners have expressed conflicting views on the kind of material to he used here for several weeks, some contending that asphalt should he spread upon the present brick surface and others holding out for wooden block. Gas and water mains wpre ordered extended In Buckingham Drive from Boulevard Place to Sunset avenue and plans were ordered for sidewalks and curbs in Stuart street from Twenty-E’ghlh street to a point 280 feet north. Burl Mansfield. 1011 West Vermont street, was appointed engineer In the street commissioners' department at a salary of $27.50 per week. Refused Dance, Man Now Faces the Court
Special to The Times. EVANSVILLE, Ind.. Aug. 3.—The trial of Edward Ours. 19, charged with assault and battery with intent to kill Mrs. Katie Steinrnetz Smith, is under way In the Circuit Court here today. Our* Is said to have shot Mrs. Smith for refusing to dance with him one night at Exposition Park. He then attempted to end his ow i life. His defense is that the shoting was accidental. GREAT BRITVIN DENIES REPORT. LONDON, An,;. 3.—A report from Paris that Great Britain has informed Greecs that she would not object to occupation of Constantinople by Grepk troops was officially denied at the foreign office toANNOUNCES WAGE CUT. HARTFORD CITY, Ind.. Aug. 3—Th : Sneath Glass Company here today anj nouncefl a reduction of 15 per cent in ; wages, effective at once. This was necessary, it was stated, to meet the prices | of competitors. TIPTON FARMERS HELPED. TIPTON. Ind.. Aug. 3.—General rains in Tipton County for the last three daya will increase the corn crop yield considerably. farmers say. Wheat and oats gave poorest yield iu this county for ■ many years.
On Commission Row
TODAY’S PRICES. Apples—New, in 40 lb. baskets, $2.50@ 4.30. Bananas—Extra fancy high-grade fruit, 50c to 60c per bunch; per it... 7%c. Beans—Michigan Navy, per bag, *5; less than bag. 5c per pound: Colorado Pintos, per bag, 7%c per pound; less than bag. 8c per pound: California Limas. per bag. 70c per pound; less than bug. 8c per pound; Red Kidneys, per bag, 10c per pound: less thau bag, 110 per pound; Yellow Eyes, per pound, 11c; Lentils, per pound. 10c; California pink chile, per bag. 70c per pound; less than bag. 8c per pound. Beans—Fancy green, not quoted. Beets Fancy home grown, dozen bunches. 40c. Cabbage—Fancy Northern, per 85-lb. crate, $5.;0: fancy Northern, less than crate, 8c per pound. Cantaloupes—Fancy Arkansas and Indiana Standard, per crate, $3; fancy Arkansas and Indiana flats, $1.25; fancy California Honey Dews, 6-9 e; per crate, $3; fancy California Casabas, 6-9s, per crate. $3. Carrots —Fancy home-g Town, per dor., 30c. Cauliflower —Home-grown, not quoted, Celery—Fancy Michigan Hi Ball, pe* crate. $2. Corn —Fancy home grown, per doz., SOc, 30c. Cucumbers —Fancy home-grown, pe* doz.. $1.25. Eggplant—Fancy home-grown, per doz, $2.30 Kale—Fancy home-grown, per bbL, *2, Lemons —Fancy Callfornias 300s, pe* box. $0 50; 3605, per box, $lO. Lettuce—Fancy leaf, per lb.. 18e. Onions—Fancy Western yellow pe* 100-lb. bag. $3.50; fancy pickling, pet lb.. 10c. Oranges—Fancy California, per box, $406.50. Peaches —Not quoted. Peppers—Fancy, per doz., $2.50. Pieplant-Fancy home-grown, per do*., 35c. Potatoes —Fancy Virginia Cobblers, per bbl. $6.28. Radishes—Long Red, per doz., 30c ( Button, home grown, per doz., 80c. Spinach -Fancy home grown, per bn., $2. Sweet Potatoes—Fancy new Southerns, per hamper. $3. Tomatoes—Fancy home-grown, 15-lb box, 75c. Watermelons —Fancy Florida3, 28-lb average. 75c. CHICAGO STOCKS. (By Thomson A McKinnon.) Open. High. Low. Close,. Carbide & Carb. 46% 47% 46% 46% Llhhv 9%l 9% 9 9 Montg. Ward .. 18 18% 18 18 Nat. Leather.... 8 8% 8 8% Ron Motors 18 .Sears-Koeb 65% 06% 6561 66 Vi Stew.-Warner .. 25% 25% 25% 25% Swift A Cos 9 99 92% 98% Swift lut 25% 25% 23 25 NEW YORK HIDES. NEW YORK. Ang. 3.—Hides price! were steady here on the market today, Native steers hides selling at 12%@13%fl per pound and branded steer hides at 12@12%c. NEW YORK TURPENTINE. NEW YORK, Aug. 3.—Turpentine wa* In better export demand on the markei here today. Trade was active and quo-, tatious around 61c. NEW YORK REFINED SUGAR. NEW YORK. Aug. B.—Refined sugaf was firm on the market here today. fln( granulated being quoted at 6c per pound, BUY CHEESE fOF A CHEESE HOUSE
