Indianapolis Times, Volume 34, Number 81, Indianapolis, Marion County, 15 August 1921 — Page 10
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STOCKS TOUCH NEW LOW LEVELS Market Sustains Heavy Close —Mexican Petrol Down. NEW YORK, An* 13.—Th® gtcck m*rkt closed hea rj today, many of the leading Issue* falling to new low figure* for the day. Mexican Petroleum was again in tupply, dropping to a lot* of abont 5 §olnt from thi* morning’* high, and tudebaker, after recovering to 72%, yielded again to 72%. International Harvester made another new low record for the year. 09%. Industrial Alcohol rallied 1 point to 47. while General Asphalt yielded 1 point to 43%. Some of th* railroad Issue* were also In supply, Baltimore & Ohio dropping 1 point to $6%. United State* Steel hung around 72%. Total tales of stocks were 419,500 shares; bonds, $6,475,000. (By Thomson A McKinnon.) —Aug. 15. When a market, as Is at present, absolutely ignores all news of cormtructlve character for price-making purrfjses and instead takes cognizance of various happenings that would appear to be the final clean-up of an unprofitable period, having day after day or depression w;tn no Indication of demand either present or prospective slfficient to absorb the offerings without price concessions it is time to give sober second thought as to whether or not general business iinfirovement is as close at hand as we would ike to believe history records that tho stock market discounts some times months in advance important changes In conditions. There Is no evidence of this as yet. Poring July and early August considerable accumulation of securities was noted, in preparation for an uward swing this fall. During the past week or two many of these stocks have been put back In the market at a lower price In some instances than that at which they were purchased. Much dependence for a better market has been placed on the forthcoming railroad and tax legislation, but so far the market shows no disposition to discount such action. Today’s market has been a repltltton of that of many days past, dull and dragging as to the general list, but with conceded weakness in a fe wissues. Conditions may build up a short interest sufficient to give the market occasional upward spurts, but until such time as there is ground for belief in a decided and immediate business betterment. which would be accompanied by general investment demand, little can be looked for In the way of permanence to sny rally which may occur. TWENTY STOCKS AVERAGE.. NEW TORK. Anr. 15.—Twentv Indus trial stocks Saturday avers ge 66.75. off .18 per cent. Twenty active rails averaged 71.57, off 06 per cent. CLEARING nOt SE STATEMENT. NEW TORK. Aug. 15.—Exchanges. M77.3b0.00rt: balances. S58.10.0n0: Federal Reserve Bank credit balance, $55,500,000.
Money and Exchange Indianapolis bank clearings Monday were 82.573.000. against 52.752.000 fur Monday of the week before. NEW YORK CALL MONEY. NEW YORK. Aug. 15.—Money—Call money ruled 6 per cent: high. 6 per cent: low. 0 per cent. Time rates steady, ail 6%<86 per cent. Time mercantile paper steady. Sterling exchange was steady, with business iu bankers’ bills at $5.66 for demand. NEW YORK. Aug. 15. Foreign exchange opened firm today with demand Sterling, %c higher at 83 00%. Francs rose % centime to 7.81%c for cables aad 7 S9%c for checks. Lire were unchanged, st 4 "Or tor cables and 4.3* ■ for checks. Belgian francs were 2 centimes higher, to 7.03 c for rabies end 7.02 c for checks. Guilder cables were 31.10 c; checks, 31.08 c. Sweden kronen rabies were 21.1 c; checks, 21.02 c. Marks were Llßc. ACTIVE OIL STOCKS. (By Thomson A McKinnon.) —Aug. 15— Opening— Bid. Ask. Anglo-American Oil 15 15% Borne-Rcrymser 345 305 Bnckeye Pipe Line 82 H 4 Chesebrnuph Mfg. Cons 100 iso Continental Oil. Colorado 105 * 110 Cosden OH and Gaa 5 6 Cres’-eat Pipe Line 20 28 Cumberland Pipe Line 115 130 Elk Basic Pete 5% 6 Eureka Pipe Line 75 78 Galena Signal Oil. pref 87 92 Galena Signal Oil, com 33 35 Illinois Pipe Line 130 153 Indiana Pipe Line 75 80 Merritt Oil 7% 7% Midwest Oil 2 2% Midwest Rfg 135 145 National Transit 22 24 New York Transit 140 150 Northern Pipe Line 85 90 Ohio Oil 247 252 Oklahoma P. A R 33% Penn.-Mex 19 21 Prairie Oil and Gas 420 430 Prairie ripe /Line 185 190 Rapulpa Refg 3 8 Solar Refining 335 3.‘t3 Southern Pipe Line 75 80 South Penn Oil 175 182 Southwest Penn Pipe Lines.. 57 00 Standard Oil Cos. of Ind 70S 710 Standard Oil Cos. of Kan 540 3<io Standard Oil Cos. of Ky 380 395 Standard Oil Cos. of Neb 10 160 Standard Oil Cos. of N. Y.... 105 110 Standard OH Cos. of Ohio 313 317 * Swan A Finch 20 85 Vacuum Oil 245 2.55 Washington Oil 20 25 NEW YORK Cl KB. IBy Thomson A McKinnon.) -Aug. 15— —(Closing Bid. Ask. Curtis Aero com 1% 3 Texas Chief 8 12 Goldfield Con 5 8 Havana Tobacco 1 1% Havana Tobacco pfd 4 6 Central Teresa 1% 3 Jumbo Extension 4 6 Interuat. Petroleum 10 10 Kipisilug 4 4% Btse. Motor* 4 4% Sait Creek 19% 11% Tonopah Extension 1% 1% Toncpah Mining 1% 1% United P S new 1% 1% T*. S. Light and Heat 1% 1% r. S. Light and Hr-at pfd.. 1% 1% Yukon Gold Mine Cos I 1% Jerome 14 18 New Cornelia 13 14 United Verde 22 23 Sequovah 10 15 Omar Oil I9 IC 1% Re*. Tire 30 35 MOTOR SECURITIES. (By Thomson A McKinnon.) . —Aug. 15— —Opening— Bid. Ask. Briscoe 9 10 Packard com 6% 0% Packard pfd 61 63 Peerless 29% 30 Continental Motors com 52 54 Continental Motors pfd 75 80 Hnpp com 10% 11 Hupp pfd 85 90 Elgin Motors 4 4% Grant Motors 2 2% Ford of Canada 235 400 National Motors 4 6 Falls Motors 1% 2% NEW YORK RAW SUGAR. NEW TORK. Aug. 15—Trade in raw sugar was quiet here today. Both Cubas and Porto Rico* were quoted at 4.86 c per pound, duty paid and delivered, respectively. NEW YORK COFFEE. NEW YORK. Aug 15—Coffee prices were steady on the exchange here today, with opening options 8 to 5 points higher. Rio No. 7 on spot sold at 7@ 7mc per pound. NEW YORK PETROLEUM. NEW YORK, Aug. 15.—Petroleum prices were steady on the market today. Pennsylvania crude oil again sold at $2.25 a barrel. NEW YORK RICK. NEW TORK. Aug. 15.—Rice prices E* unchanged here today. Domestic at Bper pound. ♦
N. T. Stock Exchange —Aug. 15 - rrev. Allied Ohem 85% 34 84% 85% Ajax Rubber 20% 20 20 22% Ailis-Chelmers . 30% 30% 80% 30% Am. Agrtcul 30 30 30 30% Am. Beach Mag 30 30 30 31 Am. Car A Fdy.123% 123% 123% 123 Am. Can 23% 24% 25 23% Am. HAL. com. 10% 10% 10% Am. H AL. pfd. 47% 47 47% 47% Am. Ice 54 64 54 Am. let. Corp.. 30% 28 29% 81 Am. Linseed 21 21 21 21 Am. Locomotive S4 83 83% 83% Am. Sm. A lief. 84% 34 34 84% Am. Sugar Ref. 03% 61% 62% 64 Am. S Tob. Cos. 45% 44 44% Am. Steel Fdy. 25% 25% 25% 25% Ain. Tel A Te1..105% 105% 106% 105% | Am. T0bacc0....119% 117% 118 119% Am. W001en.... 69 0i % 67% 69 Ana. Min. C 0... 85 34% 35 35 Atchison 84% 84% 84% 84% ! AtL Gulf & W.X. 21% 20% 21 21% Baldwin L0c0... 74% 7,1 73% 73% B. A 0 37% 31% 36% 36% Beth. Steel (B). 49% 45% 49 49% Call for. Pete.... 30% 29% >% 30% Can. Pac. 1ty...115% H 2% 113% 113% Cent Leather... 27% 20% 20% 27% Chandler Motors 46 44% 45% 44% !C. A 0 53% 52% 53% % C. M. A St. P.. 26 25% 25% ..... 1C M. A St.P.pfd. 40 39 39 89% Chi. AN. W 65% 65% 65% 66 C., K. I.A P... 32 81% 31% 31% Chili Copper.... 10 10 10 10 Chino Copper... 22% 22 22 22% Coca Cola 32 31% 31% 32% Cob Fuel A Iron 23% 23% 23% 22% Columbia Gas.. 54 53 53 % 53% Columbia Grap.. 4% 4 4% 4 Cousolidat. Gas. 86 86 88 85% Cont. Can 39 35% 38% 38% Cosden Oil .... 26% 25% 25% 26% Corn Products.. 66% 65% 66% 66% Crucible Steel... 54% 53% 54% 5-1% Cuban Am. Sug. 14% 13% 13"* 14 Cuba Cane Sug. 9% 9% 9% 9% Endicott 58% 67% 58% 58% Erie 13% 13 13% 13% Erie Ist pfd.... 19% 19 19% 19 Famous Players 49 48% 48% 49V4 Fisk Rubber Cos. 9% 9% 9 9% Gen. Asphalt.... 45% 42% 43% 43% Gen. Electric. 114% 112% 112% Jls Gen. Motors.... 10% 10 10 10% Goodrich 30% 29% 30% 31% Gt. North, pfd. 74% 73% 73% <3% Houston Oil ... 47% 46 46 47% Inspiration Cop. 31 31 SI 31% Inter. Curb 3% 3% 8% 3% Invincible Oil.. 7% 7% 7% 7% Inter. Harvester 73 09 % 70 73% Inter. Nickel.... 13% 13% 13% 13% Inter. Paper.... 45% 43% 44% 46 Island O. A T 2% 2% 2% 2% Kan. City 50... 25 24% 24% 24% Kelly-Spring. T. 38% 37% 35% 36% Kennecott Cop... IS 17% 17% 18% Lacka. Steel 38 Ss 3h 33 Lehigh Valley.. 31% 51% 61% 51% •Lee Tire 25% 25% 25% .... Mav Stores 75 75 TJi Maryland 0i1... 13% 13% 13% 15% Marine pfd 41 40% 40% 42 Mex. Petrol 98% 93 ■, 93% 98% Miami Copper.. 19% 19% 19% 2o Mid.e St. 0i1.... 11 10% 10% 11 Midvale Steel... 23% 23% 23% 23 Missouri Pae... 19% 19 19% 19% Miss. Pac. pfd.. 38% 38% :8% 38 National Lead.. 72% 72% 72% N. V. Air Brk.. 53 53 53 N. T. Central... 71 70% 71 70% New Haven 16% 16 16 16 Nor. A West.... 95% 95 95 Nor. Pacific 76% 75% 76% 75% Ok.P A U.C0... 2 1% 2 1% Pacific Oil S3 34% 34% 34% Pan-Ara. Pete... 45% 43% 48% 48 Penn. Hr 37% 37% 57% 37% People’s Gas ... 53% 53 53 53 Pierc-Arrow 14 13% 13% 13% Ikre Marquette.. 19 ls% 19 .... Pits. Coal 55 55 55 P. Steel Car.... 57 57 57 .... Pull. P. Car... b3% 93% 93% 93 Ry.S.Springs ... 74% 74% 74% 75% •Pure Oil 25% 25% 25% 26% {trading 87% 67 67% C 7 Rep. 1. A S 46 46 46 46 R Dutch N.Y.. 74)% 49% 49% 50% 6. Roebuck 64 "8, 63% 6>t #5 Sinclair 18% 18% 19in 1% Southern Pac. . 77% 76 77 76% Southern Re. .. 19% 19% 19% 19% St. LAS. W R 22% 22V. 22% 23 8.0 N .J. pfd...108% 107% 107% I<V St. L. AS.F. C. 23% 23 23% 23% Strom. Carb .. 28% 28% 28% 29 Studebflker 72% 71% 72% 72% Texas Cos 34% 34 34 34% Texas A Pac. . 24% 22% 23% 23% Tab. Products . 56% 56 56 57% Trans. Oil 7% G% 7 Union Oil 17 16% 16% 17 Union Pacific .119% 119% 119% 119% F. Retail Stores 51% 49'* 60% 31% United Fruit C 0.103%.103% 102% 103% 10.3% 'l'rilted Drug.... 56% 55 66 54% U. S. Rubber... 47% 46% 47% 477* F S. Steel 74% 74 74% 74% r. S. Steel pfd 109% 109''* 190% lit,* Utah Copper 45% 44% 44% 46 Vanadium Steel. 27% 27% 27% 28 Wabash 7% 7% 7% 7% Wabash Ist pfd. 21% 20% 20% 20% White Oil 8% 8% 8% 8% Western Uni.n. 81% 8"% 80 % 82 West'h'se Elec.. 4 4 43% 43% 43% White Mot-re. .. 32% 32% 32% 82 WlUys-Overiand 6% 6% 6% 6% •E dividend. NEW YORK LIBERTY BONDS. —Aug. 15. High Low. Close. Liberty 3%s 88.74 88.6 ft 88.66 Liberty Ist 4s 87.70 Liberty let 4%s 87,90 87.%; 87.90 Liberty 2nd 4%s 87.76 87.70 87.90 Libertv 8d 4%* 91.94 91.82 91.00 Liberty 4th 4%s 87.58 57.52 87.v*! Victory S%s 88.72 Victory 4%s 98.78 98.70 98.11 CHICAGO STOCKS. (By Thomson & McKinnon) —Aug. 15— Open. H%h. Lot. Close Cgrb. A Carb... 43% 41 4.3% 43% Libby 8% .... Mont.-Ward .... 17% 1.% 17% 17% Natl. Leather... 7% Piggly Wiggly. 11% Reo Motors 17% Sear* Roebuck.. 64% 64% 64 64 Stewart Warner 24 24 23% 23% Swift A Cos 76% Swift Inter 23% Local Curb Market (By Newton Todd ) —Aug. 15— Bid lsfc. American Hominy com ...... 14 Burdick Tire A Rubber 1% 8% Capital Film Cos 1 -7% Choate Oil 1 2 Cn'.um. Fire Id*. Cos fl% 8% I rtaiet Auto 1% 2% Dayton Rubber Unit* 63 70 Duesenberg Motor Car com. 9 13 Elgin Motor Car 3% 5 U S. Automotive Cnita 70 80 Fed. Fin. Cos., pfd 69 82 Fed. Fin. Cos., com 122 135 Gt. Sou. Prod. A Ref. units. 5% 6% Haynes Motor com 118 Hurst A Cos. com 1 2Vi Hurst A Cos. pfd 50 70 Indpls. Securities pfd 2% 3% Metro- 5-sftc Stores c0m.... 11 14 Metro. 5-50 c Stores pfd 30 36 Robb'ns Body Corp. Units.. 50 61 Steven sail Gear Units ft 7 V. S. Mort. Cos. Unit* 16.8 178 State Savings i Trust C 0... 87 92 Stevens Duryea Units 43 48 In the Cotton Market NEW YORK, Ang. 15. -Cotton opened 8 to 12 paints lower on the market here this morning. Sentiment was unsettled by poor cable*, reports of showers In the Southwest anti rather free selling by Liverpool and the South. The buying was mainly for tho account of New Orleans, the trade and local room interests, and, after the opening, hub stained the market a*, a little above initial levels. Now York opening cotton: October, 13 30c; December. 1.3 50c: February, 13.51 c; March. 13 75c: May. 13 82c. The marker turned easier attain In the late trading The close was barely st< Ay at a net decline of 5 to 12 points. —Cotton— Open. High. I,ow. Close. January 18.51 13.64 13.54 13.53 March 13.75 13.85 13.73 13 75 M.iv 1.3 82 13.97 1.3.82 13.85 October 13.05 13 19 13.03 13.06 December 13.50 13.61 1.3.40 13 48 LIVERPOOL, Aug. 15. There was a fair demand for spot cotton at the opening of .the market here today. Prices were easy and sales 8.000 bales. American middlings, fair, ll.OOd; good middlings. 9.30d; fully middlings, 8.90(1; middlings, 8.43d; low middlings. 7.53d; good ordinary, 6.40d; ordinary, 5.63d. Futures opened quiet.
SWINE SUFFER BIG DECLINE Swine 25 to 50 Cents Lower— Trade in Cattle Dull. r RANGE OF nOG PRICES. Good Good Good. Aug. Ml*-' * Meavy. Light. 8. 9. 11.25fi11.40 11.004*11 10 11.50 10. 11.15(911.SO 10.75 @ 11.00 11.40 11. [email protected] 10.75 @ 10.50 11-25 13. [email protected] [email protected] 11*0 „„ IS. 10 [email protected] 10.00@ 10.25 [email protected] 13. 10.25® 10.30 9.75<g10.00 10.75 ! Swine prices were 23 to 50 cents lower on the hog market of the local Uv* stock exchange today, with fresh receipts approximating 5,500 , nd 1,403 swine held over from tho market of the previous Shippers were only fairly active buyers, while local packers took their usual quota*. .. . , . There was a top of sll on light hogs early in the market, but after tho estahlDhrnent of a schedule they soid at The schedule upon which tho Dullc of the sales were made follows: Hogs weighing from 160 to 3*X> pounds, tio.it>. 200 to 225 pounds. $30.50; 225 to 2c(* pounds, $10.25; 250 to 275 pounds. L 0 and 275 up to extreme heavy hogs, ?9 ‘-->. Roughs sold at $8 and down and pigs generally at s9®?lo. Tho bulk of the sales for the day ranged at $10.35(310.75. A fair clearance for the day was anticipated. , , There was a dullness to the trade tone of the cattle market. Receipts ran dose to 700 fn>sh cattle, and packers seemed tmdlsposed to buy freely, i There were few really good cattle on the market. This gride brought steady prices. while commoners grades were weak to 25 cents lower. With 3SO calves on tho tra<ie was fair and prices were steady. There were close to 4<)o sheep and lambs on tho market. Values were about steady generally. However there were a few choice lambs that brought *lO. which price was strong. Top lamb* generally brought around $9. HOGS. Best light hogs, 100 to 200 lbs, .$1075 200 to 300 lbs. 9.75@10.>0 <? ows 7.00(3 8 00 Stags 7.V.7 6.00® 6.00 Best pigs, under 140 lbs p.oofip 9.7-i Tpp... Bulk of sales 10.25(810.70 CATTLE. Prime corufed steers, 1,000 lbs. and up $ O.OOtjJIO.OO Good to choice steersfl 1.260 to 1.800 lbs B.oo® 8..81 Good to choice steers, 1,100 to 1,200 lbs 7.50® 8.00 Good to choke steers, 1.000 to 1,100 lbs 7.00® 7.50 Common to medium steers. 800 to 1,000 lbs 5.60® 7.00 —Heifers and Cows—Good to choice heifers B.oo® 8.75 Medium heifers 7 25 0s 8.00 Good to choice cows 6 00® 6 00, Fair to medium rows 8 25® 425 Cutters 8 25® 4.00 : Canners 1 23® 2.00 ; —Bulls— Good to choice butcher bulls. 0 00® 6.25 Bologna bulls 4.00® 5.00 , Light bologna bulls 836® 4 00] Light to common bulls 3.00® 3.75 j —Calves— Choice reals o.oo® 8 >0 Good veals B.oo® S.-ki j Medium veals 6.30'd 7 .j0 Lightweight veals 5.30® 6.50 Common Heavyweight veals.. 5.00® 3. 0 0 —Stockers and Feeders — Good to choica sUers, under 800 lbs 6.50® 7.00 Medium cows 2 so® 350 Good cows 3 50® 4.50 Good heifers G.Od® 7.23 Medium ’.o good heifers. 4.30® 3 00 Good milkers 3v d0®73.0d MIU.I" AND LAMBS Ewes 2 30 ® 3 50 Bucks 1 50 ■* 2.30 Choice ewe* and wether lambs B.oo® 10 00 Seconds 6 Buck lambs 6.50® 7.00 Cull lambs 2.00® 5.00 Other Livestock CHICAGO, Aug. 13.—Hogs—Receipts, 37,000; market, active and mostly steady i to 10c tin; bulk, s9®ll; top, $11.03; heavyweight, slo.fio(i 10.90; medium] weight. $10.35® 11 ; light weight, $10.66® 11 (o; light lighis, slu io® 11 ; heavy pack- ] lug sows, smooth, $N.u. i9.20; packing! sows, rough, sß.23'as.i)3, pigs, $9.50® 10.10. Cuttle—Receipts, I’.t.OnO; market, lu up; Beef steers. Choice and prime, s9.9o'q, 10.60; mediums and good, $7 50)19.90: good and choice, s3® 10.65; common and medium, S!V.SO®9: butcher cattle: Heifers, I s4®9; cows, $3.50®7; bulls, sl®7. t anners and cutlers: Cows and heifers, $2.20 V. 3.73; cauncr steers, $2.75®4; veal calves (light and handy weight, $7.00® 9.25; feeder steers, $4®6.75; stocker cows and heifers. $2.50® 5.30. Sheep - Receipts, 19.001); market, lambs. 23c lower, sh-cu, steady. Lambs: tB4 lbs. downy $8.25® 10.65; culls and common, s3®B; yearling wethers, $6.2568.50; ewes, $3 25® 5 25. Ewe: Culls and eomnion, $1 50® 3; breeding ewes. $3(80.30; feeder lambs, [email protected]. CINCINNATI, Aug. 15—Hogs—Receipts, 4.600: market steady: heavies $lO ®10.75: mixed and mediums. $11; lights and pigs. $1050; rough*. $7.75; stags, $6. Cattle—Receipts, 3.2n0; market irregular: good stuff, steady; others weak to 25c lower: calves, $9. Shaep and lambs Receipts, 3.000: market steady: ewes, *1®4.50; bucks. $2 50®3 30; choice lambs. $11: seconds, $8.30; culls, $2.50®4. CLEVELAND, Aug. 15—Hogs—Receipts, 3.500: market steady to Do lower; yorkers, $11.25: mixed. $11.25: mediums,' $11.25; pigs. $11.23; roughs, $8; stags. $6. Cattle—Receipts, 1.200: market steady; good to choice steers. 4 50® 5 50: good to choice heifers. sß®9: good to choice -ows, so®7; fair to good cows, [email protected]; bulls $4.50®5.50; uiilchers. s3s®Bn. Sheep and iambs—-Receipts, 700: market steady; top, $10.50. Calves —Receipts, 1,000; mar- ' ket steady ; top, $lO 50. EAST ST. LOUIS. 111., Ang. 15.—Hogs —Receipts, 8,509; market steady; mixed and butchers, SIO.OO®U 10; good heavies, $10.23@)0 80; roughs, $7.25® 8.50; lights, $10.95 ®|11.10.; pigs, *9.50® 11; bulk of aales. $ 10.80® 11.03. Cattle Receipts, 8.500; market lower; native beef Bteers, $7.25®9; yearling st“ers and heifers. $7 ®S; cows. $:i.2'®6.50; stockers and feeders, $3.50®.Y75; calves. $7.30®8.50; cuuuers and cutters, $2®3.25. Sheep and lambs -Receipts 3,500; market lower; mutton ewes, s4®s; lambs, $S®9; cun uers and chopperH, sL'®.B. PITTSBURG, Aug. 15.- Cattle Receipts, 100: mark'-t lower; , ho:e •. $8.76((t 9; good. $8®8.50; fair, $0.50® 7 50: veal calves s!'.so®lo. Sheep and lam'.is—Receipts. 20C. market, steadv; prime wethers. ss® 5 25: good. $4.50®5; mixed, fair, $4®4.50; spring lambs. $:()®11. Hogs— Receipts. 55 double decks; market lower; prime heavies, $10.75® 10.85; mediums, sll [email protected]; heavy yorkers, $11.75® 11.85; pigs. *lo® 11.25. roughs, $7.30® 8.50: stags, 53.50® 6. EAST BUFFALO Aug. 15. Cattle Re eetpts. 3.250: market aetlvo. 25®;50e higher: shipping steers, s9®. 10.75; butchers’ grades, sß@f).so; heifers. $5.50®8; e.iws, s2@6; bit Is. s4®o; milch cows, springers, s4o® 130 Calves Reeelpts, 1 2.100; market active. 50e up; eulln to | choice. $5®11.50 Sheep and lambs—Receipts, 7 000; market active. 25c up; choice 1 lambs. $11(3111.25: culls to fair, s7® 10.75; yearlings. s6..V)<ifß: H%ecp. sl@ft. llogs— active and Kteaily to 25c up; yorkers. $11.73; phrs. mixed, sll 25®JU.50: heavies. sll® 11.25; roughs, $7.50®8: stags, ss@6. old'”dlq 8. Mi CLEVELAND PRODUCE. CLEVELAND, Aug 15.—Butter—Extra, lit tubs. 57(357%c; prints, 4^@4B%e; extra firsts, 4fl@ )6 , jc: firsts, 45@45%c : seconds, 35@37c: packing stock. 16® 18c. Eggs Fresh gathered, northern extras, 59c; extra firsts. 3se; Ohio firsts, new 1 nses, 34c; old cases. 83c: Western firsts, new cases. 32c. Poultry—Live. heavy fowls. 2ft@27r: light. 23@25( : roosters. 15 ®H6c; bi (ilers. 25@30e; choice. 30®,35c; live spring ducks. 2t@2e: geese, 23® 23c. \ TOLEDO SEED VHICKS. TOLEDO. Aug. 15.—C’lo' traced—Cash, October uud Februarv, $13.05; Decetuber, $12.95 bid; March. sl3 bid. Alsike— August and October, $10.75; December and March, $10.90. Timothy—Cafth, S2.HO; S-ntemher and March, $2.90; October, $2.70; December, $2.80.
INDIANA DAILY TIMES, MONDAY, AUGUST 15, 1921.
[• Local Stock Exchange —Aug. 15— stock!. Bid. Ask. ind. Ry. & Light com 60 ... ind. Uy. * Light pfd 70 ludpis. & N’ W. pfd Indpls. and'B. W. pfd 75 Indpls. St. R.v 41 T. T. 1. & Light pT3 75 Terre Haute. X. A E. c0m..,. ... 4 Terre Haute. X. & E. pfd 1° U. 12. of Ind. com U. T. of Ind. Ist pfd U. T. of Ind 2d pfd 2 Advance-Rumely com Advanee-Rumely pfd ... American Central Life 235 ... Am. Creosotlng pfd 90 100 Belt R. K. com 52 62 Belt R. R. pfd 42% 50 Century Bidg Cos. pr<l >5 Citizens Gas Cos 25% 30 Dodge Mfg. Cos. pfd 80% ••• Home Brewing 64 64 Indiana Hotel com 60 Inti. Hotel pfd 93 Ind. Natl. Life Ins Cos 331 Ind. Title Guaranty Cos 59 C 9 Ind. Pipe Line 74 82 Indpls. Abattoir pfd 40 60 Indianapolis Gaa 42% 48 Indpls. Tel. Cos. com 2 ... Indpls Tel Cos. pr 90 ... Mer. I’ub Util, pfd *0 Natl. Motor Car Cos 8 Pub Sav Ins. Cos 4 ... Kauh Fertilizer pfd 4C Stand. Oil of Indians 68 70 Sterling Fire Ins. Cc 7 8 Van Camp Hdw. ,®d 90 100 Van Camp Prod. Ist pfd 100 Van Camp Prod. 2d pfd 100 Vsndalla Coal Cos. pfd 8% Vauduila Coal Cos. com 3% Wabash Ry. com Wabash Ky. pfd 20 24 BON 1)8. Broad Ripple 5s Citizens St. Ry. 5s 65 73 Ind Coke & Gas ft* 100 Indian Cray)-. Coal and Mine ... 100 Indpls., Cos!. & South. 6s 88 Indpls. &. Martinsville 55.... 42% ... Indpls. & Northern 6s 35% 40% iudpis. & N. W. 6s Indpls. A S E. 5s 45 Indpls., 8. & S. K. 55.. 70 Indpls. Bt. Ry. 4s 47 57 Indpls., T. it T. ss. 63% 73% Kokomo. M. & W. 0s 74 T. H„ I. & E. 5s 4*l U. T. of Ind 5s 46 53 Citizens Gas Cos. 5s ......... 76% 79 Indpls Gas Cos. 3* 70 76 Ind Hotel Cos. 2d On 93 Indpls. Light & Heat 55.... 73 77 Indpis. Water 4%s Indpls. Water 5s S8 90 Mer. H. & L. Ref 5s 85% ... New Tel. Ist 6s. 94 ... New Tel., Long IMst 55..., 93% Southern Ind. Power 6 100 LIBERTY BONDS. Liberty First 3%s 88 54 89 00 Liberty First 4%s 87.70 88.20 Liberty Second 4%s 87.54 SN.tk) Liberty Third 4%s 91.64 92.10 Liberty Fourth 4® 9 87.08 88.14 Victory B%s 98.52 99 00 Victory 4%s 93.32 99.00 Weather Tho following table shows th* stste of the weather at 7 a. in., Aug. 15, as observed by United States Weather Bureaus : Station. Bsr Temp. Weather. Imliuniipoll*, Ga... 80.2S 59 FtCIUy Atlanta, Ga 80.10 70 Rain Atnarrilla, I’exss 80.04 04 Itaiit Bismarck, N. D ... 80t/2 6<i Cloudy Boston. Mas* 3'>oo 62 Clear Chicago. 11l 30 28 64 Clear Cincinnati, Ohio .. 8020 60 PtCldy Cleveland, Ohio .. 80.20 64 Clcnr Denver, Colo 29 96 58 PtCldy Dodge Citv, Kan .. 8i) t*4 66 Cloudy Helena, Mont 29 84 58 Clear Jacksonville, Fla . 8i).12 76 PtCldy Kansas City. M 0... 36.16 60 Clear Louisville, Ky. .... 30 22 62 Clear Little Rock, Ark. 30 <H 74 Cloudy I.os Angeles, Cal... 20 98 62 Cloudy Mobile. Ala 31.10 78 PtCldy New Orleans. La,.. 30.10 78 Clear New York, N. V... 80 08 64 Clear Norfolk, Va So 12 68 PtCldy Oklahoma City .. 30.00 72 Cloudy Omaha, N*b 30 16 64 Cloudy Philadelphia, Pa .. 30.14 64 Clear Pittsburgh. Pa 3‘.26 58 Clear Portland. Ore 3o 14 58 Rain Rapid City. S. 1>... 29 92 56 PtCldy Roseburg, Or* 80.18 58 Cloudy San Antonio. Texas 30.04 74 Cloudy Van Francisco, Cal. 29 96 56 PtCldy St Louis, Mo 80.30 60 Clear St. Paul, Minn 30 22 56 Clear Tampa, Fla 30.12 80 Clear Washington. D. C- 30,18 62 Clear
WEATHER CONDITIONS. Sin*-® Saturday morning showers nnd thunderstorms have occurred generally from the middle Rocky Mountain fttnte* In a broad belt eastward lo the middle Atlantia coast, and also In the New England States and the nortn I'aelflr region. Heavy falls occurred Saturday night In many places In the Ohio Valley. It Is cooler tills morning in niMdlc Mississippi arid Ohio valleys, where the readings are now somewhat below normal. •I. H. ARLINGTON, Meteorologist, IVeatlior Bureau. CORN AND WHEAT BULLETIN. For the twenty-four hour* ending at 7 a. m., 9*)th meridian time, Monday. Aug.. 15, 1921: ITemper-l I mtnr*. | J i— c ym ■ o Station* of | ►, | ♦riSeii . Indiannpoll* L.® •? £**:! _5 *v District. tl awSS ; 43 0J • S 4s- 3 fcr:* = 5 ; ■ c s> 5 .if 53 5 3..E jc I oia South Bend 74 54 0 i Good Angola 75 49 0 Good Ft. Wayne 72 54 0 Whenttiehl 79 45 ft Good Royal Center 72 50 ft ! Good Marion 81 50 0 ! Good Lafayette 75 53 ft ' Good Farmland 81 47 O’ Good Indianapolis .... 74 56 0 Good Cambridge City.. 89 47 ft i Good Terre Tlaute 76 54 0 j Bloomington .... 84 53 ft j Good Columbus 87 43 0 Fair.... Vincennes 81 56 ft j Good Pabll 82 57 0 j Good Evansville 78 58 0.28 i J li. ARMINGTON, Meteorologist, Weather Bureau. WHOLESALE I KED PRICES. Ton. Cwf. Acme bran $23.50 $1.20 Acme feed 23.50 1.20 Acme middlings 25.50 1.30 Acme dairy feed 39.50 2.00 K-’A dairy feed 31.75 1.03 Acme II & M 31.25 1.63 C. O. it B. chop 20.50 1.40 Acme stock feed 26.50 1 40 Acme farm feed 30.23 1.55 Cracked corn 30.75 1.55 Acme chick feed 40.25 2.05 Acme scratch 37.25 1.90 K-Z scratch 83.75 1.70 Acme dry mush 41.00 • 2.10 Acme hog feed 38.75 2.oft Ground barley 37.75 1.95 Ground oats 28.5 ft 1.50 Homlick yellow 27.75 1.45 Rolled barley 37.75 1.95 Alfalfa mol 37.75 Alfalfa mol 84.50 1.75 Cottonseed meal 47.00 2,40 Linseed oil meal 51.ftft 2.00 Acme chick mash 44.00 , 2.25 FLOUR AND MEAL. ' E 7. Bake bakers' flour In 08 lb. cot ton bags $7.60 Corn tueal In 100-lb. cotton bags,. 4.85 CHICAGO PRODUCE. CHICAGO, Aug. 15.—Butter—Receipts, 13.098 tubs; creamery extra, 41c; firsts, 83%@C5%c; packing stock, 22@24%c. Eggs—Receipts, 9 992 eases; current receipts, 28@29c; ordinary firsts. 21@27c; firsts. 30®!31c; checks, 18@19e; dirties, 15@21c. Cheese-Twins (newt, 18%c; daisies 48%®;1,5%c; young Americas, 20 ®2o%e; longhorns. 20%@21c; brick, 22 @22%0. Live poultry—Turkeys, 35c: chickens. 22c; springs, 27c; roosters, 16c; geese. 14@18c; ducks 24@20c. Potato— Receipts. 54 cars; Western Whites per 100-lb bugs, $3.75^,3.85. WHOLESALE BEEF PRICES. The following are today's wholesale market prices for Lees cuts as sold by tbe Indianapolis markets: Riba —No. 2,21 c; No. 3,13 c. LoinsNo. 2,22 e; No. 3.18 c. Rounds-No. 2, 22e; No. 3,20 c. Chucks—No. 2. 8c; No. 3, Vc. Plates—No. 2. Cc: No. 3.5 c,.
TRADE IN GRAINS EXTREMELY" DULL Speculators Become Panicky and Withdraw From Pit, CHICAGO. Aug. 15.—Withdrawal of many panicky speculators from the market caused a dull dry on the Chicago Board of Trade. Professionals did little buying or selling, fearing the trend of recent legislation aimed at Speculation and also the general attitude of farmers against operations in the pit. The frame of mind of operators and not nows from the outside world was the chief factor In influencing prices. Provisions were irregular. September wheat opened at $1.24%. up %e, and closed %c lower. December wheat opqned %c higher at $1.26% and closed %e lower. September corn opened nt 56%c, off %e, amt c’osed unchanged. December corn opened %c higher at 55%c and closed off %o. September oats opened, off %c at 35%c and closed %c higher. December oats opened at 38%c, up %e, and closed %c lower. (By Thomson & McKinnon.) —Aug. 15. Wlieat—While the cash situation in winter wheat keeps gradually hardening, the speculative end is still quiet and running within small price ranges. The spring wheat start continues slow, with low grades dragging a little, but choice wheat In good demand. A great deal of the wheat that has moved lately Is in direct channel* for clearing from senhoard and Gulf ports. Gulf bids were again higher today, with exporters taking so much wheat that millers will fittu difficult to supply their needs at going prices. Omaha reported urgent cash wheat demand and estimated* 75 to 90 per cent of the whoat in Nebraska had moved Clearances from Galveston for the week were 3.200,000 bushels aud North American clearances for the last week were 12,600,000 bushels, for flour and wheat. Kansas City eavh red wheat sold 5c higher and all kinds there were 2 to 4c up with good demand. The visible increase was about a* expected and had little effect. The apathy of the speculative public is still the noticeable thing but we see no Indications yet of anything more than temporary easy places In wheat and any awakened Interest should be a stimulus to prices Coarse Grains —Corn held rather steady, with exporters in the market. Ail crop reports were favorable aud estimates on the movement from first hands were for a libera! run. September corn was bought at times by the leading elevator lntorest. oats were heavy under liquidation, many people either selling September, outright or selling September and replacing with December. Provisions Hogs were strong at around sll and there was a little levs selling prexsure on product. We f,— l enough export business is being done on easy places mid that the domestic is taking quite a little stuff too so that values should shew some stability. CHICAGO GRAIN’ TABLE. —Aug. 15— WHEAT— Open. High. Low Close. Sept.... 1.24% 1.25% 123% 124% Dec 1.20% 127% 1.25% 126% CORN— Sept 56% .57 J 6% .46% Dec..,,. .63% .53% .53 .53% OATS- „ Sept 35% .33% .24% .34* Dec 38:* .3s H .38 -48 * PORK•Sept li-50 LARD—g,,pt 1100 11.02 1095 1102 Oct 11.15 11.15 1107 11 13 RIBS—•Sept P.’ l o<’t 950 950 947 iX%> It V E Kept... 111% M 2 lit Ml% Dec 1.12 1.12% 111 Ml' a •Nominal. CHICAGO CA?n GRAIN. rniCAGO. Aug. 13 Wheat No. 2 red. $1.25® 1 26; No 3 red. 3122 %® ! 24%: No 2 hard winter. XI 26%®1 29; No. 3 hard winter, $124®1.2fi.% . No 1 north. ru spring, $142%: No 2 northern spring. $.132. Corn N" 2 mixed, s>'isß%e: No 2 white. 55%®38%c; No, 2 yellow, oS.d 38%c; No. 4 mixed. 6*’*'; No. 3 wh’te. ..7c: No 3 yellow, 59c; No. 4 yellow. W;%e. Oats —No. 2 white, 33%®3P : .No 3 white. 51 %®32%c; No 4 white, 24!i®280. TOLEDO CASH GRAIN. TOLEDO, Aug l r >—-Wheat <’mih and August. $1.29%; September, $1.30%; December, $1.36. Corn > 'ash. 62%®03%e. Oatt--Cash to! it, ?9'-;®4o'.jc; rs-li (new), 35%®'16'. J 0. Rye t’asu, $1.09. Barley—Cash, OCc. • PRIMARY MARKETS. (By Thomson A McKinnon.) —Aug. 13Wheat Corn Onts Chicago 402.000 447.000 861.000 Milwaukee .. 2>,000 271 <' 231 >-i Mini), apolls .. 736,00a is.omi 617'.b 'O Duluth 168.001) 17.tkM S.iHk) St Louis .... 390.000 134,000 240.1KK) Toledo 57.000 16,000 109.000 D. droit B.o*o 4.bed Iti.Olßi Kansas City 1.001.0'0 SO.oOO 122.100 I rla 46,000 104,<)u0 Uib.lHsl ,v ia 560,000 111,000 94,0u0 Indianapolis , 31,000 09,000 42,000 Totals ,"7”. 8,591 1,271.000 2.473,000 Tear ago. ..1.995,000 297,000 1,371,000 —Shipments— Wheat Corn Oats Chicago ... 602.(UK) 274.000 68.000 Milwaukee .... 423,000 10,000 203.U00 Minneapolis... 197.000 10,000 47,000 1 • ii lit r h ll.tsiO st. Louis 128,000 92,000 OMIoO Toledo fi.ooo fI.tXK) Kansas CRy ■. 495.000 71.000 30,0<K) Peoria 21,000 19,000 13.1KK) Omaha 329,000 98.0J0 30.14)0 Indianapolis 7.000 5,000 Totals 2,257.000 587.000 -175.il m> Tear ago... .1,211,000 244.000 503,000 INDIANAPOLIS CASH GRAIN. —Aug. 15Bids for car lots of grain and hay at tithe cull of the Indianapolis Board of Trade were: W heat—Steady ; No. 2 red, $' .23® 1.23%. Corn—Steady : No. 2 white, 55%®.">9%e; No. 3 white, 57%®38%c; No 2 yellow. 60®i00%c; No. 3 yellow, 59®.39%c: No. 3 mixed, 59® 39%c ; No. 3 mixed. 58®58V*c. Oats —Steady; No. 2 white, 35%®36%c; No. 3 white. 33®34c. Ilay—Steady : No. 1 timothy. $19®)19.50; No. 2 timothy, $lB 50®. 19; No. 1 light clo ver mixed, $I8®18.30; No. 1 cliover, $lB @lO. —lnspections— Wheat—No. 2 red. 2 cars; No 3 red. 2' cars; No. 4 red, 3 cars; No. 3 red, 2 curs; No. 3 linrd, 1 car; No 4 mixed, 1 car; sample, 2 cars; total, 13 cars. Corn —No. 1 while. 3 cars; No. 2 white. 20 cars: No. 3 white, 4 cars; No. 4 white, 3 cars; No. 5 white. 1 car; No. 1 yellow, 3 cars; No. 2 yellow, 11 cars; sample yellow, 1 car; No. 2 mixed, 2 cars; total, 48 cars. Oats—No. 2 white, t car; No. 3 white, 26 cars; No. 4 white., 7>3 curs; sample white, 6 cars; No. 3 mixed. 2 cars; No. 4 mixed, 1 car: total. 91 cars. Rye—No 2. 3 cars; No. 3. 2 cars; No. | 4, 1 car.; sample. 1 enr; totat, 7 cars. Hay—No. 1 timothy, 2 cars; No. I clover mixed, 1 car; total. 3 cars. IIAY MARKET. The following are the Indianapolis prices for hay by the wagon load, delivered. Hay—Loose timothy, old, sl9@2t; mixed hay, new, $I7@18; baled hay, $lB @2O. Oats —Bushel new, S3®37c. Corn—New, 65®68c per bushel. W AGON WHEAT PRICES. Indiana polls flour mills and elevators today are paying $1.15 i'or No. 1 red winter wheat ; $1 14 for No. 2 red winter wheat and according to test for No. 3 Oals are quoted at 30c lor No. 3 white or better. NEW’ TORK METAL MARKET NEW YORK, Aug. 15.—Copper—Dull; spot. July. August and September offered ll%c. Lead —Steady; spot, July and August offered 4.50 c. Spelter—Dull: spot and July offered 4.25 c: August and September offered 4.30. NEW YORK HIDES. NEW YORK, Aug. 15. —Hide prices on the market here today were firm and trade was fairly active. Native steer hides sold at 13%@14c per pound and branded steer hides at 12%®,11b.
Marriage Licenses Arthur Rankin, Denison Hotel SO iVlailie Bryan, 2300 N. New Jersey 41 Mika Rizzo, Ractue. Wis 26 Anna Bova, 511 S. Delaware 17 Woodbridge Ferris, Big Rapids, Mich. 68 Mary McCloud, 918 Fairfield 39 William O’Neill, 3420 E. Twenty-Third. 52 Louise Wagner, 3420 E. Twenty-Third. 43 Fred Babbitt, 230% W. South 21 Edith Haase, 336 Beauty 19 Jesse Johnson, 426 N. East 33 May me Kline, 420 N. East 21 Ralph Oreeson, 724 E. Ohio 38 Grace Farley, 557 Lord 23 John Higdon. 733 N. Tremont 39 Shirley Yount, 557 N. Tremont 27 Voluey Johnson, 1922 K. Tenth 18 | Lena Ruby, 2922 W. Tenth 18 I B. Wallace Lewis, 135 Johnson 27 Nelle Lathrop, Linden Hotel 21 Paul Hoff. 330 E Vermont 28 | Ruth Mitchell, 1338 S. olive 21 - Lewis Rost, 1117 N. Tacoma 19 i Lola Johnson, 1117 N. Tacoma 18 ( H mold Hf-lmcth. 221 N. Jefferson 24 Hazel Allen, 1612 Sturm 27 Granville Hatterson, 2236 W. Mich... 26 Edith Thomas, Indianapolis 19 Paul Pafram, 1017 English 27 Mabel Abbott, 610 N. La Salle 19 Ralph Sheffer K. R. B 23 Anna Kelly, R. R. B 18 James French, 508 Fletcher 35 Fern Craig, 1201 Laurel 27 John Boothby, R. R. .1 20 Clara Walters, K. K. E 18 Births Nickalotis and Louise Johantagen. 134 N. Oriental, boy. Frank and Cecelia Viehmann, 117 N. Euclid, girl. David aud Edna Bowland, 32 S. Dearborn, girl. Paul and Esther Carmin, Deaconess t Hospital, boy. | Eugene and Effie Montgomery, 2315 | Wheeler, girl. I Clarence and Marguerite Sweeney, St I Vincent’s Hospital, boy. Frank and Bertha N’ard, St. Vincent’s i Hospital, boy. Raymond aud May McClain, 542 Cen- ! tennial, girl. Harry and Blanche Dudley, Methodist Hospital, JenninrS and Goldie Kenipe, 3723 Crescent, girl. William and Matilda Bruce, 1041 S. Slate, girl. Walter nud Jennie Reed, 709 llaugh, boy. Deaths Nellie I .-art on. is, 243 Detroit, pulmonary tuberculosis. Lester J. Gibson. 5 months, 1940 Ralsi ton, acute gastro enteritis. Jennie I, Gilmore, 62, 2453 N. Illinois, | cerebral hemorrhage. G adys Love, 9, 630 Union, broncho pneumonia. Gem*vive Bruns, 4 months. St. Vincent’s ! hospital, intestinal obstruction ’I rion Frarcis Wetzel, 8 mouths. 2420 Wheeler, enteritis. Charles Ibwrs, 67, city hospital, carclI noma. S:ia* C. Wolf. 78. 435 W. New York, I chmnic myocarditis. Ethel A II 11, 26, 869 ltoache, hypostatic * pneumonia. Bessie Marie Hey, 29. 832 Lexington, Sf. m-ral tuberculosis. Ben ire I-crile Pin*. 1. city hospital, taryngal diphtheria. r, rna I ui-o Lehman, 0. Long hosI pbsl. meningitis. ! llarrv Palmer, 69, 707 N Pin*, cystitis. ! Hers.-hd Baughman, 67. 14iS Fletcher, cerebral hemorrhage. (’•celia O’Donnell 8 days, 625 Home place, premature birth. Harry (’ Terrell, 31, St. Vincent’s hospital. fractured skull (accidental). Jnhn II K tig. 52, 2115 Broadway, i chronic Interstitial n -piiritia. Catherine Stuaif, 65, s’.’t) W. Vermont, chronic tnvocarditts. He., sic F l inert, 50. 234 Collier, broncho pneumonia. State Crop Report Cooler weather and showers during the past week in practically all sections of the tnte bc n n very beneficial to all growing creps. The Thrashing of small grains and hay harvesting Is completed. Fall plowing Is In progress. J (e plant'd corn shows considerable improvement over last week. Some early planted corn is too badly fired to renter Corn cutting is going oil in some localities. Pains and cooler weather have ma-t-vi illv befifed late potatoes and in some localities h fair cr-p may barvos*e 1 Sweet potatoes in the commercial district in the southern counties show !■ provni* i:t and there w ill lie a fair ;rr p. In olh’T sections, the condition Is poor, other truck crops are poor, but show considerable Improvement over last \ week i Alfalfa and pastures show a deeldcd | improvement over last week, but the lntI ter Is very short and not of much feed I value. 1 Tobacco continues to show improve- ! nvrit. although ihe condition is low aud the growth very uneven. What peaehesWere produced are of ex Weptb-nallv good quality and very large. Th quaMty of apples Is only fair ami considerable of th. crop will go into cider. Fears are very poor. Grape* are fair Pink eve is reported among cattle and horses in some localities. Sheep aud sw Tie are in good condition. There is a good supply of farm labor. The melon crop continues exceptionally’ 1 good in quality, although the quantity was materially reduced by prevailing dry | weather. STATE TO ACT IN RUM SMUGGLING Officials Confer Regarding Canadian Liquor Importation. DETROIT, Mich., Aug. 13.—State troopers may be drawn from all over Michigan and stationed along the river front near Detroit to put an end to activities of rum smugglers. State safety department officials are to confer here today with a view to halting the traff.c which has been in- I creasing in volume since last Wednea- I day when a Canadian court ruled liquor | exportation to the United States is legal. CALIFORNIA MAN IS KILLED Wife Witnesses Shooting When Three Men Spring From Ambush. SAN JOSE, Cal.. Aug. 15.—Charles J. Hines, a wealthy candy manufacturer, was shot, and killed by one of three men lying in ambush as he left his automobile at his homo here today. The shooting was witnessed by Hines’ wire, who told (he police she had just lefl the automobile. Mrs. Hines declared threats had beou made against her husband's life before. INDIANAPOLIS PRODUCE. Eggs Loss off, 29®31c. Butter—Packing Stock, t(l@isc. Poultry—Fowl, 20® 25c; springers. 23@28c; old h:n turkeys. 25®30c; old tom turkeys, 20@25c; cull Ihio turkeys, not wanted: ducks, 4 Ilia, and up, 15® 16c; spring ducks, 3 lbs. and up. 18@20c; geese, 10 lbs. and up, 9@llc; squabs. 11 lbs. to the dozen. $5. Butterfat—Local dealers are paying *3 cents per. pound for butterfat delivered In Indiahapolis. Butter—Local dealers are paying 43® 44c per pound for butter delivered in Indianapolis. NEW YORK WOOL. NEW YORK. Aug. 15—Trade in wool was dull here on tne market today. Domestic fleece. XX Ohio, was quoted ai 2 I®39c per pound: domestic pulled, scoured basis, at 18®67c and Texas domestic, scoured basis, at 40®75c. NEW YORK TURPENTINE. NEW YORK, Aug 15.—Turpentine was weak on the market here today.
CLAIM PRISONER IS AUTO THIEF Carl Kendall, Alias Kunkle, Is Reslated Following Identification. Carl Kendall, alias Carl Kunkle, who waa arrested Saturday by Detectives White aud Manning on charges of va grancy and caa-rylrig concealed weapons was released today on a charge of vehicle (aking, after he was identified by Mrs. Laura Willms, 12(17 Bradbury street, as the man who mole on automobile belonging to Frank Cavender, grocer. 3501 North Illinois street, from in front of the Statehouse, July 11. On the day tlie car was stolen Cavender had gone to the Statehouse for the purpose of getting a certificate of title for his car. Mrs. Willms, who was with him at the time, remained in the car. A few minutes later a mar, came to the car and toOd her that Mr. Cavender had sent for her to come into the Statehouse to sign his application as a witness. Just as she was entering the building she turned and saw the man. whom she identi&ed ag Kendall or Kunkle, driving the machine away. Ail efforts of the po lice to locate the machine or the thief failed until Saturday. Saturday Detectives Manning and W'hite questioned Kendall, who was trying to sell the machine near Ft. Wayne avenue and Tenth street, and when his answers were unsatisfactory they took him to police headquarters. On the wtiy he jumped out and attempted to escape, but was recaptured when he tripped and fell. Two automatic revolvers, one in his pocket and the other in the machine were discovered. The case was turned over to Detective Gile of the automobile squad and he soon reported the machine belonged to Cavender. Today Mrs. Willms called at police headquarters and identified Kendall as the man who stole the machine. DR. E. E. HODGIN TAKES UP WORK Rumors that Dr. E. E. Hodgin, primary campaign manager fOT Samuel Lewis Shank, Republican nominee for mayor, had left the regular Republican organization and would not accept a desk at city headquarters were set at rest today when Dr. Hodgin appeared at the city committee rooms In the Letncke Annex and went to work. The reports that Dr. Hodgin was “out of line” were founded, for the must part, upon the fact that he has nut been seen around headquarters fur several days. The doctor said he had not been at headquarters fur two simple reasons, the first of which was that his automobile was stolen and he had spent two days getting it back, and the second was that Mrs. Hodgin had become seriously ill following a minor operation and it was necessary that he remain with her almost constantly during her illness. Dr. Hodgin said there is no truth In the reports and that he will not be found working for Republican success as usual. A place for him at city headquarters was created ns part of the terms upon which the Shank and News-Jewett factions declared peace a few weeks ago. L‘r. Hodgin had been a candidate for city chairman to succeed Irving . Leinhux, lu case the latter resigned. He, Joseph Hogue and Herman Rlkho.ff were designated as Shank leaders who were to have a share In the direction of activities at city headquarters with Vice Chairman Ernest L. Kingston, Secretary Leonard Jt. Quill and others counted members of the Xews-Jewett faction. Organization for registration and conference of precinct committeemen with their executive committees are the principal features of the Republican program fpr the week. Joseph Ilogue is in charge of registration work. Most of the committeemen will meet with their aides In each precinct Wednesday evening. Secretary Quill announced. PHILADELPHIA FIRE FATAL TO 6 PHILADELPHIA, Ang. 15—The second blaze at the Atlanta Refining Company’s plant here was extinguished at nooti today. It will take three months to repair the damage caused by the two fires, according to company officials. The tire, which began early Sunday, broke out anew today when another oil tank exploded. Three alarms for additional fire apparatus were sent In. The new explosion spread the flames over the burned area again. The death list was increased to six when Ell Cell died in St. Agnes’ Hospital. Damage from the renewal of the blaze will probably increase the total loss to well over the million dollar mark. List Property Value of Merger Companies Employes of the public service commis- I sion are engaged in making an inventory of the property of the seven companies which will make up the Indiana Electrlcal Corporation, ineoreopated last week. The concern will Include the property of seven light and power companies and It plans to build a ceutral station In the coal fields to supply a large part of the State with current. John W. Cardie, chairman of the commission, said a hearing on the petition of the new company for permission to operate will be held in about ten days. DOVE BRAN DHAMS fA TASTE YOU CANT FORGET
t Restaurant and Fountain Furniture ’ The more attractive your plaea ‘ la the bigger business you'll do. See us today—we’ll save you Bentwood Chairs, Wire Chairs, Glass Top Tables, Wood Top Tables, Counter Stools, Showcases, Tables, Phone us and welil have our i 1 representative call. J k W. C. BRASS / 116 S. Penn. Main C 489
MARKET ACTION IS CONTRARY TO DEVELOPMENTS Influences Operative in Se* curity Circles Are of Nature to Bring Confidence. 'stocks ARE CHEAP MONITORS WALL STREET REVIEW. NEW YORK, Ang. 15.—Movements in the stock market during the week ones more have run contrary to the charaete.l of the known developments. News has been constructive and encouraging. but the action of tho market in the main has been disappointing. Even the stock explanation that “something is' hanging over tho market," famishes no tangible clew to the mystery. The episode of the mercantile bank of the America's apparently has passed its most disturbing phase, and may be dismissed as a menaefc to the loeni financial situation. Tbe Influences ordinarily operative In the security markets have been of a nature to stimulate confidence. For example, there could be nothing more calculated to Instill optimism than the announcement from Washington that the Nation’s tax bills are to be cut by more than half a billion, and that the exce eV profits tax is to go. Enormous economies should result from the discussions st the coming disarmament conference, and it seems strange the stock market should wait for actualities In view of the substantial shadows they are now casting before them. MONEY SITUATION IS IMPROVING. Moreover the money situation Is Improving and promises stlil further betterment. Little attention, perhaps, has been paid to the greatly lessened demands for | crop movement purposes, compared, for | instance, with last year. As an ltlustra- ; .ion. it might be pointed out that we have 'he prospect for a wheat crop, both spring and winter varieties of 737.000,000 bushels compared with 787.000,000 bushels last year. The August 1 price per bushel to the farmers as estimated by the Department of Agriculture, is a trifle under SLCS a bushel, compared with a little * more than $2.32 a bushel last year. This calls, theoretically, for nearly SSOO.OOO 000 less than was required last year. In the case of cotton the figures are even more striking. At this time last year a crop of more than 13,000.000 bales was about to move to market, and the farm price on Ang. 1 was 36.S cents per pound. This jn-ant a tentative demand for about $2,40o,000.(>00. This year with a crop forecasted at about 8.000,000 bales and a farm price of 9.8 cents a pound, the theoretical requirements are only about $400,000,000 for full two billions less than last year.*’ In the opinion of sober minded Judges who do their own thinking free from the contagion of pessimism stocks ridiculously cheap. Weak spots exist, no doubt, but in the opinion of these observers the present level discounts any probcbla development of a disturbing nature. Wall street holdings have been reduced to a minimum, as recent figures on brokers' loans indicate. If further liquidation is impending, one wonders from what source it is to come. In all probability the predictions of further pressure are based on habits of pessimism formed during more than a year and a half of liquidation. HANK LETS BUSINESS SHIFT. I. is only fair to set forth the theory upon which prevailing pessimism la based. There is general admission that the hanking situation has improved materially. That Is, it Is conceded the banka themselves have in many instances succeeded in extricating themselves rrom numerous entanglements that hate caused widespread anxiety until recently. It seems strange that this improvement In the banking structure should furnish capital for bearish arguments, but it does, it is contended, for example, that the banks, now that they bave worked themselves out of embarrassing positions, will be inclined to stand aloof and permit tho luckless corporations and firms to shift for themselves, in this ordeal only the fittest will survive, say these financial Cassandras. and the citrnax of receiverships will mark the end of th® agony. This may be perfectly logical, bnt tho element of the human equation is being overlooked. Economic tendencies proceed along stern lines, but they do not entirely overlook the principle of corapt#raise. Many a concern whose mis*aJka' ' might have entitled it to be consign“d\vd the limbo of insolvency are likely to bJ helped through the valley of the shadow with none but the directors cognizant of the perils encountered. In the recovery which is believed to be not far distant, the railroads are expected to reap the largest initial share. Already their economics are beginning to bear fruit in substantially increased earnings, and in the event of favorable action by Congress on the relief suggested by th® Frgsident. tho rails probably will be th® leaders in tha embryonic stage of th* next bull market.—Copyright, 1921, by th® Public Ledger Company. ’ — LL2_= " ." ".12. ,l=gs k Penniless Old Man THE thought of penniless old age brings a shudder. Nobody can face it. Yet of all who reach the age of 65 are dependent. Start now to escape this bitter experience. A small stun invested in high grade listed stocks and 'bonds each month will make you independent. Peter Perkins’ book Aitetv!,* will point the wmj for too. It’se £a*ciabating rt©ry. n<i ha* helped thonaand*. IjimlnJ edition printed. Write for you copy today. KRIHBHL&CO.' Investment Bankers Kahn Bldg., Indianapolis, Ind. 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