Indianapolis Times, Volume 34, Number 86, Indianapolis, Marion County, 20 August 1921 — Page 11

MARKET NOT AFFECTED BY RENEWAL RATE Developments Calculated to Instill Optimism Without Effect. LISTLESS TONE EVIDENT Special to Indian* Dally Tim** and Philadelphia Pun; Ledger. By MONITOR. ■ KIW YORK, Aug 20 Continued pressure against thp industrials gave Friday s Stock market a d-con raging and listless appearance and while declines were not extensive they were general. In l he early trading the rails had a flurry of upward activity. The prospects f- r early action on the funding bill and the assurance of further improvement to he reflected in July earnings furnished incentives for moderate buying. When the industrials continued to drag. the rail* also softened and the equipments became rather weak Developments which in ordinary times tend to instill optimism are utterly without effect in the present type of marker. The renewal rate of 5% per cent for call money and the further rD" in the Federal reserve rations passed almost unnoticed, or at least wore negative as market influences. The combined system shows a gain of nearly l por cent to the basis of 65* while the New York bank shows .n r>“ of more than 2 poms to the basis of 72.2 per cent. The gain by New York is due partly to increased holdings in the gold settlement fund. The maintenance of the call rite until the last day or so at 6 por oont also has ■erred to attract considerable money from the interior. The appearance of new levels for certain issues is discouraging, but it i* a symptom of the present market. Discouraged holders arc lotting go their stocks and this liquidation rather tb n short selling is responsible for most of the weakness. —Copyright, 1921, by Public Ledger Cos. WALL RTBKET GOSSIP. The liquidation which is been manifest in many of th" higher priced stocks durir. r so-railed “cheap'' is tes Friday Su -h stocks a International Nickel. Columbia Graphophone and others of that class w* re pressed for sale. th dealings In Nickel being of an unusnaiiv large scale. There ■was no news to account for thD selling, except the restors to convert securities Into cash. United States Rubber which had been firmly held around '•. has • .-on under treasure since Colonel Dolt's death. '1 're i excellent reason to believe the selling in this Issue is for th-- account of a distressed operator. Traders have ho: been favorable to United Suites Rubber since the annual statement was Issued ■honing inventories of approximately 6Kio.oub.ttK>. The propaganda circulated several weeks ago to force an advance in tnc pr.-je of Cr failed of Its effect. Without any sale* being reported, snouts were marked up from ll%c to 16%e. Offerings et 14c found no buyers and there were tsuggestiens in the trade that business could be done at approximately the low level. Cuba Care Sugar preferred repeated its almost daily performance of selling at new low levels when transactions were recorded under sl9. Not only has the demand for refln< : sugar flattened out. but sales of raws wore reponed at the low price recorded in February. The hitch in the financial arrangements for the Dnba Cane <>rp ration also played its part in the soiling. Union Bag 3nd Paper was weak, gelling being based on a report that prices of news print would be reduced fr un SUS per toa to SSO per t"ii l:u <Ua'<. !y after Labor day. It is suiiT the earnings of the ci-mpany are sufficient to warrant the continuance of the present "=2 quarterly dividend. The direct rs. however are skeptical. It is announced the National City Bank has cloud three branches In Colombia. The principal exports of this country are coffee and cocoa, the market for which virtually has disappeared. It was the situation in Colombia and Ecquador on these two produi s. which is said to have been resp ..-ilile for the difficuUie-s of the Mercantile Bank of the Americas. An official dispatch from Mexico City repot ts the Mexican government has bought recently in the United States 130 locomotives, eighty five of which are on a rental basis with the privilege of purchase later and forty fi\e were bought outright and an iuilia! deposit of 15 per cent to 2o per cent made. When dert Vauclain of the Baldwin works announced recently that ho ha i taken contracts for $2,500,000 worth of equipment in Mexico, t ie street jumped to the conclusion the business hid been done largely on a casa basis. The announcement served as a basis for selling, which admittedly was of excellent quality. General Digar reports for the six months ended June surplus after taxes and charges of $1,036,640 as compared with 61.KH.420 for tl.e same period last year There have been reductions made in the retail prices by some of the chain stores recently and there is some intimation that a trade war may and velop. This is responsible for a considerable quantity of selling in United Retail Stores nd Tobacco Products. Tb ; decrease in Retail Stores sales reported last month was recalled in connection with the pnbUea'ion of the General Cigar Company's figures. A long list of stock* sold at now low levels either for the movement or for the year during the course of the day. Central Leather. American Linseed, * United States Rubber, Wt stlnghouse, S;;;debaker and American L.tiseed preferred, were among rfcee. The ] a(; e r sto-k ~n a sale just before the close registered a decline of tiie point from th*- last previous transa* tions. I here was no specific news to a -count for these declines; they represented liquidation, s* me of which was Isl funds to in. it income tax payments Sept. 15. J. P. Morgan & Cos. received 62.8.50.000 In gold fr, :.i Germany with instruct; n to credit to the account of the British treasury. At the firm's office, it was arid they had no previous knowledge <>f the shipment and were * irprts 4 up >u its re ceipt. The Equitable Trust Company received $1,000,000 in Hirer and the InterBstior.s! Accepl , $3 100,000 in silver from Germany. The first ship ment applies on reparations payments. The latter two are part for greiu which were arranged here, that of the Equitable Trust being for $5,000,000 and that of the Acceptance Bank for $9100.000. The shipments arrived en the steamship Sudhurv which also brought 140 case* of silver from Germany for Philadelphia accounts It had been expected that at the monthly meeting of the director* of thy Che>a peake A Ohio 3' tion might he taken on the 2 per cent semi-annual dividend which was deferred at the May meeting. No such action was taken. It is reported that bookings of the General Electric Company are approximately $3,000,000 weekly and billings are ■ bout 61.000.0-0 weekly. Estimates place billings for the first six months at $130.660.000 with an estimate of SIOO 000.000 as the total for the last half of the year. Westinghouse normally handles about one-half of the* total volume of busine** of the General Electric. Throughout the recent weakness in General Electric. Westiosrhouse has held firmly. Liquidating sales together with some short selling by professionals forced the decline. Lat *n the afternoon Judge Gary announced that the Steel Corporation would reduce the wages of unskilled labor frem 37 cents to 30 cents an hot.r effective Monday. Aug. 29 The reasons given for this step were the excessive costs of production and the slack demand for steel products.—Copyright, 1921. by Pu'olec Ledge Cos. WHOLESALE BEF.F PRICES. The following are today's wholesale prices for beef cuts as sold on the Indianapolis markers: Bibs —No. 2. 21c; No. 317 c. Loins— No. 2. 22c: No. 3. ISc. Rounds—No. 2, 20c: No. 3,17 c. Chucke —No. 2,10 c; No. 3, Sc. Plates—So. 2. 7c; No. 3,6 c.

/V. Y. Stock Exchange

—Aug. 20— Prev. High. Low. Close, close. Ad.-Rnm., pfd.. 35 35 35 ... Allied Chemical 30% 3d 36 36% Am. Agricult... 31' 1 * 30% 31% 31 Am. B Mag. Cos. 29% 29% 29% , Am. Car* Fdy.l2l 120% 120% 121% A. H. A L., com 10% 10% 10% 10% Am. Inter. Cor 29% 26% 29;* 29 Am. Linseed ... 18 17% 1718% Am. Loco S3 83 83 83% Am. S & Re f. 34% 34% 34% 34% Am. Sugar Ref. 62% 62 62 62-t$ A Su. Tob. Cos. 43% 43% 43% 43% Am. Tel. A Tel. 105% 10.5% 105% 105 Am Tob 118% 118% 118% 119% Am. W001en.... 67% 66% 66% 67% Ana. Min. Cos.. 34% 34% 34% 34% A. G. & W. I. 20 19 19% 20 Bald Loco 72% 71% 72 72% B. A 0 37% 37% 37% 37% Beth. Steel 8... 45% 47% 47% 48% Call. Petrol.... 32% 32% 32% 82% Can. Pacific K.. 113% 113% 113% U 4 fen. Leather.... 24% 24% 25% 25 handler Motor. 43 41% 43 425* C. & 0 53% 53 53 533* C.. M. & St. IV. 25% 25 25% 26 C M ft S P pfd 39 39 39 39% C.. R. Is. & Pac. 31% 31% 31% 31% chill Copper.... 10 9% 9% 9% Chino Copper .. 21% 21% 21% 21% Coca Cola 33% 32% 33 32% Columbia Gas . 53% 53% 53% Colum. Graph . . 3% 3% 3% 3% Continental Can 38 38 38 38 Cosden Oil 24 23% 23% 24% Corn Products.. 66% 64"* 65 55% Crucible Steel . 54 52% 53 54 Cuban A. Sugar 12% 12% 12% 13 Kndicott 58 58 58 58 Erie 13% 13 13% 13% Famous Flavors 53% 52% 53% 52 Fisk Rubber Cos. 9 9 9 9% Gen. Asnhalt .. 43% 42% 42% 43% Gen. Electric .111% 111 111% 111% lien. Motors.... 10 9% 9% 0% Gt. Northern p. 74 73% 74 74 Hupp Motors .. 10% 10% to% 10% Interhoro Corn. 3% 3% 3% 3% Invisible Oil ... 8% 8% s % s% Inter Harvester 69% 69 69 % 60% Inter. Nickel... 12% 12% 12% 12% Inter. Paper .. 42% 42% 42% 43% Island O. A T.. 2% 2% 2% 2% Kan. City S .... 25 24% 24% 25% Kelly-Spring. T. 37 36% 37 37 Lacaka Steel.. 37% 37 % 37% 38 Lee Tire 24% Loews, Inc 11% 11% 11% 11% L. A N 109% 100% !<•% M. A Ward .. 36% 16% 16% .... M—x. Petroleum. 92% 91%’ 91% 92% M. States Oil ..11 • 10% 11 11 M. Sle'l 23% 23% 25% 2'.% Missouri Pac. . 19 J 9 10 19 X. E. A Stamp 39% 3®% F9 59 N C. Copper ... 10 10 10 9% N Y. Central .. 70'* 70% 70% 70% New Haven ... 16% 16 16 16% Northern Pac. 7.55* 73% 77,51 75% O. P. A K. Cos. 1% I** 1% 1% Pacific Oil 35% 35% 36% 35% Pan. A. P. .. 41% 41% 41% 41% Pcnna. Rv 38 37% _. 37% 37% Plerc**-Arrow .. 15% 12% 12% 13% P. Marquette ... 19 19 19 19% Pressed S C... 54% 54% 54% 56% P Pal. Car 91% 91 91% 91% Ry. S. Spring* 72% 72% 72'* 73% Pure Oil 24% 24% 24% 25 Reading 67% 177% 67% 67% R. I. & Steel.. 40% 45 45 46% K Dos N Y.. 47% 46% 47% 47 S -ars - Roebuck . 62% 62 62% 62% Sinclair 17% 17% 17% 17% So. Pacific 77% 77 ** % "7% Stand.O.NJpfd .107% 107% 107% 100 St.l,. A S.F.com 23 23 23 23% Studebaker .... 68 66 66% 68% Texas Cos 33’* 33% 33'* 33% Tob. Prod* 56% 56% 56% 56% Trans. Oil 6% 6% 6% 6% Union Oil 17 17 17 17% Union Pn,-lfle .120 119% 120 120’/, U R Stores... 48% 48% 48% 48% US Fp.p. Corp. 16% 16% 161* 16% I'n’t-d Drug... 55% 55% 55% 55 C.S.lndn*. Alco. 56% 45% 46 46 r *. S. Rubber... 46% 45% 46% 46% T*. S. S,e*i 74% 73% 74 74 US Steel pfd. .16% 109% 100% 110 Utah Copper.. . 4‘% 41% 44% 41% ] West. Electric. ) .'il*'-) 40 39% W Overland .. 6% 6% 6% .... ; Wilson A C 0... 32% 32% 32% CHICAGO STOCKS. ißy Thomson A McKinnon.) —Aug. 20. Open. High. Low. Close. Carbide and Carbon 43% 13% 43% 43% Lit.by 8% National Leather .. 7% , Sears Roebuck .... 62% 62% 62 62% '-tcwar' Warner ... 22% 23 223* 22% , Swift A Cos 96 i Swift Internalonal 23

Weather

The following table shows the state of | the weather at 7 . m., Aug. 20, as observed by United States Weather Bui reaus: Station. Bar. Temp. Weath. * Tndiixnapolis, Ind.. 30.02 69 Clear I Atlanta. Ga 30.12 76 Clear Amarillo, Texas 30.12 64 Clear Bismarck. N. D 30 30 4S Clear Boston, Mass 29.96 74 Clear j Chicago, 111 30.02 70 Clear I Cincinnati, Ohio 30.00 72 Clear i Cleveland, 0hi0.... 29.96 72 Ptt'ldy Denser, Colo SOJj s<t PtCldy City, K ib . . 30.08" 64 1 Tea r Helena, Mont 30.06 48 Clear I Jacksonville, Fla. 30.06 78 Cloudy Kansas City. M 0... 30.10 70 Cloudy i Louisville, Ky. .. .. 30.04 78 Clear Little Rock," Ark.. 30.08 74 (Tear Los Angeles, Cal... 29 00 60 Clear Mobile Ala 30.10 78 Clear New Orleans, La . 30.12 84 ClouOy ; New York, N. Y... 30.02 70 Clear Norfolk, Va .30,08 74 clear Oklahoma City 30.02 ”4 Clear Omaha. Neb 30.1s 64 Clear Philadelphia, Pa .. 30.02 72 Clear Pittsburgh. Pa 29.06 70 Cloudy Portland. Ore 29 9 4 60 Clear Rapid City. S. D... 30.26 54 Clear Roseburg. Ore 29.94 54 clear >in Antonio, Texas 30.12 74 PtClily St. Louis. Mo .30(42 $0 Clear Sau Franclseo, Cal. 29.94 56 Cloudy St. Paul, Minn.... 30.22 54 Clear' Tampa, Fla 30.06 84 Cloudy Washington, D. C... 30.02 72 Clear WEATHER CONDITIONS. Sinre Friday morning showers have fallen In parts of the middle and tipper Mississippi and Ohio valleys and the southwestern Lakes regions. At several places in northern Indiana the rainfall was lieavy. It is warmer in northeastern ►ertions. hut cooler from the middle Mississippi and middle plains regions northward. In the northern Red River Valley the readings are from 10 degrees to 15 degrees below the seasonal average. J. H. ARMINGTON. Meteorologist, Weather Bureau. CORN* AND WHEAT BULLETIN*. For they twenty-four hours ending at 7 a. m., 90th meridian time, Saturday. Aug. 20, 1921: Temper-1 I ature. - a ®r ■ o Stations of K t ,!;f Indianapolis *. f = x: _§ District. a C *—£-5 111 - j- i£-i sss South Bend .88 |65 | 1.40 Slippery Angola I 85 i 65 I 0 57 *Tair Fr. Wayne I 88 66 ' 0.70 ! Whontfleld 88 62 2.48 Muddy Royal Center 88 66 ! 1.80 Good Marion 90 65 0.72 I Good Lafayetta Bii 07 0.42 Muddy Farmland 'BB 65 0.28 Good Indianapolis 86 67 017 Good Cambridge City.. 88 64 0.17 j Slippery Terre Haute 186 70 I 0 j Good Bloomington .... 89 03 0 Good Columbus 91 60 j 0 j Rough Yin-ennes 95 j 7.3 0 Good Paoli 88 73 ; 0 . Good Evansville 94 '76 ; 0 j J. H ARMINGTON*. Meteorologist, Weather Bureau. INDIANAPOLIS PRODUCE. Eggs—Loss off, 28<(i300. Butter—Packing stock, 16(f|lSo. Poultry—Fowl, 20® 25c; springers. 23(g2Sc; old h;u turkeys. 25@30c: old tom turkeys, 20(Jt25c; cull thin turkeys, not wanted; ducks, 4 lbs. and up, 15:&16c; spring ducks. 3 lbs. and up, l v (g2oc; geese, 10 lr>s. and up. 9@llc; squabs 11 It'*, to the dozen. $5. Butterfat —Local dealer* are paying 43 cents per pound for butterfat delivered in Indianapolis. Butter—Local dealers are paying 43@ 44c per pound for butter delivered lu Indiana poll*. HIT BY THIRTEEN SHOTS. HAMMOND, Ind.. Aug. 20.—C. F. Fox, detective for the C. A O. Railroad, here, was suffering from serious injuries today following a gtin battle with five car robbers. Fox was hit by thirteen shots from a shot gun shell. Fox hit one man, who was curled away by lus comrades.

FEW STOCKS MADE UPTURNS Most of the List Close Around Day’s Low Levels. NEW YORK. Aug. 20—The stock market closed irregular today, with trading dull and unintereating. Sqme of the standard issues recovered fractionally, while others closed around the low levels. Chandler Motors recovered over 1 point to 43. while Studebaker finished at its low mark of 63%. United States Steel hung around 74 and Mexican Petroleum around 91%. General Electric recovered about 1 point on one sale to 411%. Southern Pacific rallied % of a point to 77%, and Bethlehem Steel "B" recovered % of a point to 45%. Total sales of stock for the day were 143.000 shares; bond3, $3,294,000 Total sales of stocks tor the week wort 2.264,000 shares; bonds, $45,57t,000. (By Thomson A McKinnon ) —Aug. 20— The week closed with the stock market in a state of almost complete inertia. Except for renewed scattered liquidation her,' and there and continued trading b'y professionals, the market as a whole was without interest. In other words the bulk of today’s trading converged on Studebaker. Chaudler, Bethlehem Steel, and one or two other special issues and practically all of these yielded to new fractional low levels without much resistance to the pressure exerted. The buying in steel was insignificant in volume and character and failed to furnish an indication as to the general feeling on the cut in wages announced this morning. Sentiment continues considerably discouraged by the marked indifference shown the market by the public as well as by the apparent lack of support offered by inside sources. There is sumo hope, however, that political developments In Washington Su-xt week relative to questions of constructive economy legislation may serve as an incentive for a change in the mar ket, but this is merely conjecture. TWENTY STOCKS AVERAGE. NEW YORK. Aug. 20.—Twenty Industrial stocks Friday averaged 65 34, off 47 per cent. Twenty active rails averaged 72 30. up .02 per cent C LEARING HOUSE STATEMENT. NEW YORK, Aug. 20. Exchanges. $507.700.000; balances, $51.000.090 ; Federal Reserve Credit balances, $938,600,000.

Money and Exchange

Indianapolis bank clearings Saturday were 52.289.000. against J2.806.u00 for Saturday a week ago. Clearing so rtlte week ending Saturday were $15,346,000. against 516.629.(40 for the wvt-k ending the buturdH.v before. NEW YORK. Aug. 20—Foreign ex change opened weak today. Demand sterling was %e lower a' *3 66%. Francs yielded 1% centimes to , ic for cables and 7.43 c for checks I.lre cables were 4 29c; checks. 4 28c. Belgian rallies were 7.58 e; checks. 7 57c Guilder cables were St. 00c; checks. 30 9,8 c. Sweden kronen rallies were 21.45 c; checks, 21.40 c. Marks were 11 Sc. NEW YORK BANK STATEMENT. NEW YORK. Aug. 20 —Average—Loans, decreased, $.',6,148.1410; demand deposit, increased, $16,585,000: time deposit, Increased, $525,(5K1; reserve, decreased. $757. 550. Actual -[.nuns, decreased, $39,040,000; demand deposit, decreased, 51.827, 000; time deposits increased, $2.144,i5t0; reserve, increased, $1,171,720. ACTIVE OIL STOC KS. (liy Thomson A McKinnon ) Aug. 20— • Opening Bid. A*k Anglo Atneri at, Oil 13 15% Borne b'T.vn.s r 340 363 Buckeye i’ipa Lino.... 82 84 t'hesebrough Mfg Cons .... 130 160 Continental Oil, Colorado.. 106 110 t'osden OR und Gss 5 6 Crescent l'lpo Lino 26 28 Elk Basin l’eto 5% 6 Eureka I’ipe Linn. 75 80 Galena .Signal Oil, pfd. 87 01 Galena Signal OH, com 33 33 Illinois Pipe Line. 150 152 Indiana Pipe Line 75 B*l Merritt Oil 7 7% Midwest oil 21 23 Midwest Itfg 135 145 National Transit 25 27 New York Transit 140 130 Northern Pipe Lins 85 90 Ohio Oil 213 247 Oklahoma I*. A R 3% 3% Penn Mux. 17 2o l'ralrle Oil and Gss 420 433 Prairie Pipo Line 18.3 190 Kapuipa Itefg. 33% Solar Refining 340 350 Southern Pipe Lino 77 80 South Penn Oil 175 15,3 Southwest Penn Pipe Lines. 57 63 Standard Oil t'o. of 1nd.... 69% HU% Standard Oil Cos. of Ky 885 39,3 Standard Oil Cos of Neb 140 160 Standard (>!l Cos. of N Y.... 317 321 Standard oil Cos. of 0hi0... 360 3SO Swan & Flneh 20 30 Vaetium Oil 250 260 Washington OH 20 30 MOTOR SECURITIES. (By Thomson A McKinnou ) —Aug. 2(4 —Opening— Bid. Ask. Brlscce 9 It) Chalmers coin 1 .... I’aeknrd coin 6% 7 Packard pfd 62 64 Chevrolet 100 400 Peerless 29 30 Continental Motors com 5% 5% Continental Motors pfj 75 80 Hupp com 10% 11 Hupp pfd 85 90 Ret, Motor Car is is% Elgin Motors 4 4% Grant Motors 32% Ford of Canada 240 215 United Motors 30 (to National Motors 5 g Federal Trunk if, ih Paige Motors 15 16% Republic Truck 7% 9 NEW YORK CRB. (By Thomson & McKinnon.) —Aug. 20— Closing—■ Bid. Ask Curtis Aero com 1 ;j Curtis Aero pfd 1.3 Texas Chief 8 12 Imp Oil 7% ,s First National Copper 75 85 j Goldfield Con 5 7 j Havana Tohaceo 1 i%i Havana Tobacco pfd 4 h Central Teresa 1% 3 Jumbo Extension .......... 4 fi International Petroleum.... 10% 10% Nipisslng 4:% 4% Standard Motors 3% 4% Salt Creek 10% to% Tonopah Extension 1 4%! Tonopah Mining 1% 1% United P. S., new., 1% 1% U. S. Light and Heat 1% ]% U. S. Light and Heat pfd.. 1% 2% j Jerome 15 17 i New Cornelia 12 13% ' I niled Verde 22 23 S Sequoyah ID 40 1 Omar Oil 19 16 1% i Rep. Tire 10 20

Stock Market Review

NEW YORK, Aug. 20.—The Sun's ti- | nancial review today said: "Today's abbreviated market session ! called for little comment. ‘ The few floor leaders, who remained fit hand to keep the market machinery! y, ng. did scarcely more than mark tta.e through the extremely dull two hot vs. ‘Most of the industrial list was frae- j tionally below the Friday levels, but it i was not apparent that special selling pressure was exerted unless it was in the motor group.^ "The oils had not much to offer of Interest and so it was throughout a performance lethargic to a degree. "The raiig, at their best, merely held their own, and were even more neglected than the industrials. “The past week experienced still further improvement in business sentiment as well as soma actual momentum imparted to mercantile dealiigs."

INDIANA DAILY TIMES, SATURDAY, AUGUST 20,1921.

New York Bonds

(By Fletcher America'n Cos ) —Aug, 20— FOREIGN GOVERNMENT BONDS. Bid Ask. Arg. (unlisted) ss, Sept. 1, ’45 65 66 Belgian Cs, Jan. 1, ’25 04% 04% Belgian 7%5, June 1, '45 101 s 102% Belgian Bs. Feb. 1, ’4l 100% 101 ‘Belgian Rest ss, Opt., '34.. 66 "0 Chile Bs, Feb. 1, ’4l 98% 99 Berne Bs, Nov. 1. '45 90 99% Chi. (Huku R.) os, June, 'sl 47 47% Christiania Bs, Oct. 1, '45.... 99 99% Copenhagen 5%c, July 1, '44. 78% <B% Danish Mttn Bs, Feb. 1, '45..100 101 Denmark Ss, Oct. 15. 45.... 101% 102% Canadian, 5%5, Aug. 1, '21.. • •Canadian 5%5, Dec. 1, '22.. 88% 89% •Canadian 5%5, Nov. 1, '23.. 87'% 80 •Canadian 5%5, Nov. 1 "25.. 86% 87 s , •Canadian ss, Dec. 1, '25.... 84% 8.3% Canadian ss. Apr. 1, '2O 02% 93 _ •Canadian 5%5, Dec. 1, '27.... 87% 88% Canadian 5%5, Aug. '29 03% 05% Canadian ss, Apr. 1, '31.... 90 90% •Canadian ss, Cet. 1, 'Si.... 82% S4 •Canadian 5%5, Nov. 1, '33.... 87 &BU, •Canadian 5%5, Nov. 1, '84.... 84% 85% Canadian ss, Mch. 1, ‘37.... 86 87 •Canadian 5%5, Dec. 1, '37.... 88% 80% •French (vie.) ss, Opt., '31.. 60 62 •French 4s, Opt., '43 47% 49% •French (prem.) ss, issue '2O. 69 71 •French hs. Opt., '3l 72% 74 French Bs, Sept. 15, '45 99% -*93% •Italian t.trens.i ss, Apr., 1, "23 41% 45% •Italian (war) 5s 31 % 33 Jap (first) 4%5, Feb. 15, '25. 80% Bfi% Jap tsec.) 4%5, July 10, '25.. •%% 80% Jap 4s, Jap. 1. '3l 71% 72 Norwnv Bs, Oct. 1, '4O 103 1 03% Paris 6s, Oct. 15, '2l 99% 100 Russian 6%5, June 18, '19.. 15% 13% Uujtslan 5%5, Dec. 1, '21.... 14% *9 •Russian 5%5, Feb. 14, '28.... 5% 8% Sao Paulo Bs, Jan. 3 97% 98% Swedish 6s, June 15, '39 86 86% Swiss 5%5, Aug. 1, ’29 88 % 89 Swiss Ss, Julv 1, '4O 106 106% U. K. 5%5, N'ov. 1, 21 99% 100 1 . K. 5%5, Nov. j. '22 08% 03 V. K. 5%5, Aug. 1, "20 89 89% U. K. 5%5. Feb. L '37 86% 87% •U. K. ivict.) 4s, Issue T 9 .272 297 ♦U. K (wan ss, Oct. '22 ...365 •U. K. (war) sc, Feh 1, '29 .350 370 Zurich 8, Oct. 15, '45 99% 09% Brazil B%s 99% French 7%s 06 00% •Internal leans. CORPORATION BONDS. nui. Ask. Alum Cos of A 7s. Nov, '25 UT-'a, 0v A. Cotton Oil OS. Sept 2, "24 90% 91% Anter. Tel. 6s, Oct . '22 08% 09% Amur Tel 6s. Feb., '24... . 08% o s % Amur. Thread o*. Dec. '2B 06% 97% Amer. Tob. 7s, Nov., '22 100% Auier. ’lob. 7s, Nov . '23 10 % 101% Anaconda As, Jan., ”£) 8% 89% Anaconda 7s. Jan., "29 .. 93% 0-">\ Anglo A Oil 7'aS, Apr, '25.100% I<K>% Armour 7. Julv 15, 30 0-% 9>% Atlantic Ref 6%5, Mch. '3l . PH P-!% Bull Tel. of Can. 7s, Apr. "25.. Pi 97% Beth Steel 7s, July 15,'22 ... 99% 100‘s, B. Steel 7s. July 15. '23 .. 98 % 08% Can Pacific 6s, Mch. 2, '24.. 07% 98 Cunt. Arg Ry 6s. Feb.. '27.. 83 84 C. K I. &P. 6s, Feb . '22 08% 03% Con. Gas Bs. Deo , '2l 10u% 100% Copper Exp. Bs, Hub. 15. '22 HK'% l"l' s Coop r Exp. Bs, Feb. 15. "23 .1(K)% IPI Copper Kxp. Bs, Feb. 15. "24 P> * 101 % Copper Fxp. Ns, Feb. 15. ’25 .101% 1 2% Cudahy 7s, Julv 15, "23 9", 99 j Fed Sugar Os, Nov . "24 95% 06 j Goodrich 7s, Apr.. ’25 95% o r '% (,uif 011 6*. July. '23 96% 97% Gulf (til 7s. Fob, '33 9f% I*7 t Hocking Yal. 6s, Mch.. '24 .. 9i% 95 Humble (til 7s. Mch. 15, '23 97 % 97% lnt R T. 7s. Sept. '2l 76% 77% K C Term os. Nov. 15. "23 9'"-, o‘% Knn. Cupper 7s, Feb,. '3O. .. 9'2 fl 1 93% I-aclede tins 7t. Jan. "29 .... 90% 91% T.lg A Mvers its. I tec , "21 P l *) 100% Phlla ('■>.' os, Feb . 22. . . .100% P 0 ■, Proctor A O. 7s, Mch., '22 . ,ltM% i(Ki T * Procter A <4. 7s. M* h . "23 . .PD % Pl% Pub Ser N T 7s, Mch , '22.. 96 97 It. J Reynolds f,s. Aug. "22 9* , Pa% Bcats Roebuck 7s. ■ *'t. 15, '2l 09 7 100-* Si ars Roehm-k 7m. Oct. 15. "22 9-% 9' „ Sears Roebuck 7s, Oct. 15, "23 97% 97% Sinclair 7%*. May 15. "25 91 91% Solvay A- Cl* Bs, Oct., "27 .. 9*-% 9* Southern Kv 6s, Mch . "22 97 97% S W Bell Tel. 7s. Apr . '25 90% 97% Stand oil (Cal.> 7s, Jan . '3l 103% 103% S oil (N Y i 7, Jan., "25 31 P*2 1 4 St T'a til UD 5> js, Pine 13. '23 07 !>.'% Swift 7s, Oct. 15, '25 97% 07% Texas Cos 7*, Mch 1. "23 .... 09% 100 Utatt Sec. 6s, Sept. 15, *2*2 -01% 02 Waltham Watch 6*. Aug., "24 88 93 Western El 7*. \pr.. ‘25 1 |: 0% Pt'% West. 7s. May, '3l 101% It* %

Local Stock Exchange

Aug. 20 — STO. KS, Bid Ask. Ind Rv A Light com 60 Ind Kv A Light pfd 79 ind pis. A N W pfd 75 Indpls. A 8. L. pfd 75 I ndpls St. R v 32 T T. I A Light pfd Terre Haute. I. A K. com Terre limit", I A K. pfd IT. E. of Hid. com I T. of Ind Ist pfd 7 I T of Ind 2d pfd 2 Advance-Rntnely com 10 ••• Advance Runietj pfd -I American Central Life 2.3.3 Am. Creosuting pfd 90 B*l Belt R. K com 52 52 Belt K It pfd 42% 50 Century lllilg Cos. pfd. .... 90 Citizens Gas Cos 26 30 Dodge Mfg Cos. pfd *O% •■ • Home Brewing 54 64 Indiana Hotel com 60 ... Inti Hotel pfd 9.3 Ind. Natl. Life Ins. Cos 3% ... Ind. Title Guaranty Cos 59 Ind. Pipe Line 76 Indpls. Abattoir pfd 40 50 Indianapolis Gas 42% 50 Indpls. Tel. Cos. com 2 ... Indpls Tel. Cos. pfd 90 Mer i'ub. I til. pfd 40 Natl. Motor Car Cos * Puli. Sav Ins Cos 4 Kauh Fertilizer pfd 40 Stand. OH of Indiana 68 Sterling Fire Ins. Cos 7% 8 Van Camp Hdw. pfd lan Camp Prod. Ist pfd 100 Van Camp Prod. 2d pfd 100 Vandalia Coal Cos. pfd 8% Vandalia Coal Cos. coin 3% Wabash Rv. com 6% Wabusb lty. pfd 20 BONDS. Broad Ripple 5s 50 Citizens St. Kv. 5s 65 Ind. Coke A (ins 6s 100 Indian Creek Coal and Mine .. JOO Indpls., Col. A South. ss, ... 8* ... Indpls. A Martinsville 55.... 42% Indpls A Northern 5s 3.7% 40% Indpls A. N. W. 5s 45 Ind(ils. A S. E. 5b Indpls. S. A S. E. 5s N Indpls. St. Ry -Is 47% Indpls . T. A T. 5s 67 72 Kokomo, M & W. 5s 74 T. H I. A E. 5s 40 V. T. of Ind. 5s 46 (Tl izens Gas ('o. 5s 73 Indpls. Gas Cos. ss. 71 76 Ind. Hotel Cos. 2d 65.. 9.3 Indpls. Light A Heat 55... 7.3% 77 Indpls. Water 4%s 66 75 Indpls. Water 5s 86 90 Mer. 11. A L. Kef. 5s 8.7% ... New Tel. Ist Os 94 New Tel Long Pist. 55.... 93% ... Southern Ind Power 6s UK)

Local Curb Market

(By Newton Todd.) —Aug. 20Bid. Ask. American Hominy com 14 22 Burdick Tire A Rubber 1% 3% Capital Film Cos 1 2% Choale Oil % 1% Colum. Firo Ins. Cos 6% b', u Comet Auto 1% 2% Dayton Rubber Units 63 70 Duesenberg Motor Car com. 9 13 Elgin Motor Car 3% 5 C. S. Automotive Units 75 85 Fed. Fin. Cos. com 70 82 Fed. Fin. Cos., com 122 135 Gt. Sou. Prod & Ref. units. 5% 6% Haynes Motor com 11s Hurst A Cos., com 1 2% Hurst A Cos., pfd 50 70 Indpls. Securities, pfd 2% 3% Majestic Tire - 10% 18 Metro. 5 50c Stores c0m..... 12 1-7% Metro. 5-.70c Stores, pfd 30 .3.7 Robbins Body Corp. units.. 50 60 Revere Motor % % Stevenson Gear units 6 7 IT. S. Mart. Cos. units 17.7 183 State Savings A Trust Cos.. 87 92 Stevens Puryoa units 60 68 TOLEDO sr.EO PRICES. TOLEDO. Aug. 20.—Cloverseed—Cash, $1315: October. $13.15: December. $13.15; February. $13.20 bid : March. $13.15 bid. Alsike—August. $10.50: October. $10.30; December. $10.40: March. $lO 50 bid. Timothy—Cash, $2 45: September, $2.60; October, $2.60; December, $2.65; March, $2.70.

LIGHT RECEIPTS IN CATTLE ALLEYS Packers Bid Lower for Swine —Calve3 Strong. RANGE OF HOG PRICES. Good Good Good. I Aug. Mix”'* Heavy. Light. !13 $lO 754111.60 $10.00gi0.:5 $11.15® 11.25 | 15. 10.25®-10.50 0.75 @IO.OO 10.7 J .16. 10.00(g) 10.25 9,60@ 9.75 10.60 17. 9.50 <&> 10.00 0.25® 9.50 10.25 IS. 9.15© 9.0$ 8.75® 885 9.90 19. 9.40® 9.99 9.00® 9.10 10.26®10.35 j 20. 9.15® 9.70 8.73® 9.00 9.90®10.00 With receipts close to 4,500 and only a slight demand shown by shippers with eastern house connection*, local packers were bidding 25 to 35 cents lower for swine on the hog market of the local live stock exchange today. At a late hour in the forenoon, but few hogs had moved, the packers standing firm on their lower bids and the coramission men waiting in hopes of arrivals of more shipping orders. ’1 here were few cattle on the market today and speculators were the only ao- | five traders. Fresh receipts ran close to pst ei ttle, while there was considerable stale stuff in the pens from the markets ! of the last two or three days. Prices were generally steady on the i quality of stuff offered. With only 200 calves on the market and a fair demand by both local packers und shippers, prices were strong to 50 cents higher. There was a top of s4l on choice veals and an extreme top of $11.50 on the same grade. There were only 300 sheep and iambs i oil the market and prices were generally steady with those of the market of the previous day. hogs. ! Best light hogs, 160 to 200 j lbs. average $ 9.90510 00 ! Over 80n lbs 8.50® 8.75 200 to 300 lbs 0 9Od 9 90 I Sows 9 15$ 9.70 I Stags 6.50(0 7.25 j Best pigs, under 1-10 1t)5.... B.OOOS 9-00 Top 10 23 1 Bulk of stiles 9.05(210.00 CATTLE. ! Prime cornfed steers, 1,300 ■ to 1,800 lbs .. . 8.50(2 OnO ! Good to ehoico steers, 1,200 to 1.300 lbs 7.50® 8.50 Good t" hole* steers, 1,100 to 1,200 lbs 6.75® 7.00 Good to rhoSu steent, 1.000 to 1,100 ]hs 6.00® 7.50 Cos mill'’n to medium steers. 800 to 1,000 lbs 5.00® 6.00 Heifers and Cows—- | Good to choice heifers B.oo® 8.50 Med-um heifers u. 50% 7.;J0 •Common to good heifers 5 00% oJ'-> Good to choice cows 4.50® 1.-fi Fair to med. cows 2.75® 1 I Colters ” 5 8 3 25 , Camlet s I.oo© - 00 —BuilsGood to cheieo butcher bulls 5 00® 600 i Bologna bulls ft-'*’ Light bologna bulls 3.50® 400 Light to common bulls B.oo® ? 73 —Calves — Choice veal* 10.00® 11.00 ' Good veals 8 507.6 050 Medium ver.ls 7.00% noo I,!gt .t we! ght vea’s 600* j. .00 Common liesvjweight teals. • 5.00® 600 —Stockers and Feeders— Goed to choieo steers, under 800 lbs 5.25® 6.50 Medium cows 2.50® 350 Good cows 3 50® 4.50 Good heifer* 8.00(*r 725 Medium to good heifers 4.5 • or 550 i Good milkers 30.00®73 00 BUEEP AND LAMBS Ewes 2 50® 3 50 Bucks 1.50% 2 50 Choice ewes and wet her lambs 8.50'(< 10 *0 Seconds 0 O' % u.*) Bit* k lambs 6-50® 7 00 Cull lambs 2 00® 5.00 Other Livestock CnrCAGT, Aug. 20.—Hog* Receip's. 4 <Ns); niarkct, 25 '3sc lower; bulk. $7 9 4i.9.75; top $’0.15; heavyweight, sSW-% 9.. medium xvelghf, $0 35® 10.10; llghtH>; heav. pa king sows, ntnodli. $7 K -: Ps-'-kltig >H rough. $7 50®7 9"; r ,| K .<, s*.so® 9.75. Cattle Receipts, l(."i; market *:• t iy. S i-iup Keveiot, 1.5 W; CINCINNATI. A-:g 20-Hegc—Re-ceipts. 27-00; market st.-ady to 23c high, r; | li uuv.es. $|D ,- )0 25 . t:.;x'd. nu diums a:.*l : lights. s!>• .'-0 : pi,;*, *lO . roughs. $7 25; stags, V 73 ( atth Re eipts, 2 K); market steady; bulls v-.-ak; calves, ?lo® j 10,50. She p and l:tmbs—Receipts. 3,000,l market st-ady; ewu. s!®4 50; bucks. $2..Vi; top iambs, $1173; seconds. $7; culls. *3®3.50 CLEVELAND. Aug 20 Hog*—Re- • relpis, 1.5't0. mark. ' s( ( tlsc up; yorker*. | $lO 05; mix' and. $lO 65. mediUTU*. $10.63; j-igs. $10; roughs. $7 5"; stags. $5.50 Cat 1.. Receipts, g.*> : ar'-.t steady Bhcup and lambs Receipt*. 2 >0; market steady; tup, $10.50 Ca'vts Reccip;s, 200. market st rung ; top, sl2, LAST ST. LOUIS, Aug. 20.—Hogs Re. ceipts, 1,000; market, steady to strong; mixed and t"it,'hcrs f $1"-./lti.40: w- -d heavies 10.25; roughs, so7s® 7.75; lights. $lO 25-.,i10.50 ; nigs. $s VI *IO4O ; bulk ~f sales, slolo® 10.40. Cattle—Re-' celpts. 4 siio: market, steady; native he, f st>,-is. s;c, 10; yearling steers and heifers, s',((!%; eow*. s::.2s'ti 5.20; stockers, . and feeders, $3.50(<i.6.23; calves, $9®9.23; I runners and cutters, s2®3. Sheep and laud's Kc-eipts, 300; murker, nominal.; FITTS BURGH. Aug. 20.- Cattle - Re- j celpts light; mark'd steady; choice, $5,73 - -i. •>- 5( . fai r . $6.50®7.50.; veal i i, $lO ii. Sheep and lambs it--celpts iiglit ; market strong; prime wethers >5%5-25; good, $4.23®.*; mixed fair.. $46t4.50; spring lami'S, sU*®ll. Hogs - Receipts light; market active and lilgher;! prime heavies, $9 75® 10; mediums and j heavy yorkers,, SI I(k,tl. 10; light yorkers. i slO.stVtj;io.7f>: pigs. slo® 10 25; roughs,; s7..*o((iS: stags. $5®5.50. LAST BUFI ALU, Aug. 20— Oattie— Re- 1 eelptis, ■ Vi; market, slow steady; shipping steers. s9;*i id.f* : butchers grades, $7.5064 0; ecus, $21(4:5.75. t'alvos Receipts. 30; market, active atul $1 lower; ('tills * choice, $56412- Sheep and lambs Hr eeipts". 20', market, steady; choice lambs. sll(*t-lt .*-0; culls to fair, $761,10.75; j yearling*. $>5ff17.50; sheeps. sl®o Hogs ■ j Re ■eipts, 3,200; market, active nod steady to 2.51- up; vorkers, slo® II ; pigs. $9 *>o64 , 10; mixed. $lO *41% 11; heavies. slo4i 10.50 ; | toughs, $*1.75647.25; stags, $| ,*)6)5.50. WHOLESALE FEED FRIGES. Ton. Cwt. | Acme lirnn $23.50 $1.20 . Acme feed 23.50 1.20 - Acme middlings 25.50 1.50 Acme dairy feed 39.50 2.00 L / dairy fee l 31.75 1.65 Acme II A M 31.25 1.65C. O. xY B. chop 20.50 1.40 Acme stock feed 26.50 1 40 j Acme farm feed 30.25 1.55 j Cracked corn 30.75 1.55; Acme chick feed 40.25 2.05 i Acme scratch 37.25 1.99 , K-'/j scratch 33.75 170 Acme dry mash 41.00 2.10 I Acme hog feed 38.75 2.00 Gri uud barley 37.75 1.93 Ground oats 28,50 1.30 ; Homlick yellow 27.75 1.45 ' Itolled barley 37.75 1.95! Alfalfa mol 34.50 1.75 Cottonseed meal 47 00 2.10 ! I,inseed oil meal 51.00 2.60 Acme chick mash 44.00 2.25 ; CEE Vi I,AX D PRODUCE. CLEVELAND, Aug. 20. Butter Extra in tubs, 46%®47c; prints. 48%® ; 49c; extra firsts. ■ 45 1 -vt l-dc : firsts, 45%® I 46c; seconds. 35%(fftS7%e: packing stock, | 15®, 1 fie. Eggs Fresh gathered, north I ern extras. 40c; extra firsts. 39c; Ohio firsts, new cases, 35c: old cases. 34c; western firsts, new cases. 33c. Poultry— Live, heavy fowls, 266/.‘27c: light fowls, 22®25c: roosters, ltle: broilers, 25c@35c; live spring ducks. 236(25c. HAY MARKET. The following are the Indianapolis ; prices for hay by the wagon load, de- i livered. j Hay—Loose timothy, old. $19®21: mixed hay, new, $17(ftl8; baled hay. $lB @2O. Oats —Bushel new, 35@37c. Corn—New, 05@;fiSc per bushel. WAGON \VHE%T PRICES. Indianapolis flour mills and elevators today are paying sl.lO for No. 1 red winter wheat; SI.OB for No. 2 red winter wheat and according to test for No. 3. Oats are quoted at 30c for No. 3 white or better.

In the (potion Market

NEW YORK, Aug. 20.—A little weekend covering with moderate buying by the trade caused opening gains of 2 to 6 points on the cotton market this morning. By the end of the first quarter of an hour prices were 7 to 8 points net higher. Continued hot and dry weather in the Southwest prevented bearish operations. New York opening cotton: October, 13.O0o; November, 13 22c bid; December, 13.48 c; January, 13.50 c; March, 13 76c. Au irregular rally occurred in the late dealings. The close was steady at a net advance of 7 points to a net docline of 11 points. —Cotton Futures — Open. High. Low. Close January i3 56 13.57 13.47 13.48 March 13.76 13.70 13.04 13.97 May 13.75 J uly 13.84 October 13.05 13.10 13.03 13.00 December 13.48 13.52 13.41 13.47 BLUE LAWS HOLD NO ENAMOUR FOR 'WHITE RIBBONS’ Scheme of Booze Interests to Ridicule Them, Is Claim . SAN FRANCISCO, Aug 20.—The W. C. T. U. "white ribboners" have no intention of changing the color of their badge "Blue" ribbons do not appeal to them. Miss Bertha Bowman, chairman of the National publicity <onimlttee of the temperance organization, made that plain today. The program of the W. C. T. U. doe* not Include "blue” laws. "We believe," said Miss Bowman, "that the blue laws ascribed to ns really were put out by tho liquor interests. This propaganda of tho wets was planned to make us seem ridiculous. They went sc far as to say tie w ere going to deprive the men of golf games on Sundays, hot dinners -anything that entailed an extra motion on the lord's day. "The W. c T. U. is overwhelmingly against any blue law legislative program of the sort ascribed to us by our enemies. We have demonstrated, it seems to me. that we arc ton intelligent to try to put over fantastic reforms. "The country will take a fall out of sny organization attempting super-blue laws. The fanatic will be figuratively beaten black and blue. Tho W. C. T. U. success lies in the fa'ff that it has built up solid public opinion before attempting legislation." Education tvs a force to help in the cn-for.x-nieut of the eighteenth amendment end the lending factor in the antlrareotlc campaign was advocated by -•peakers before the national convention here.

CHARITY BOARD PLANS CLINICS Committee to Stu(]v Hoosier School Children. Plans are being made by the Indiana committee on mental defectives, which operates in connection with the board of State charities, for the establishment of clinics iu connection with some Indiana courts ar.d for a study of Indiana school children, Amos Butler, secretary of the board, announced today. Details of the linns have not been given out. M iubers of the board are: The Rev. Francis It. Gavisk. Indianapolis; chairman; Dr George F Edenharter, Indianapolis: Dr S E. Smith. Richmond; Dr. Charles I’ Emerson, Indianapolis: Dr. W C. Van Nays, Newcastle: Charles A. M Gonagle. Plainfield; James 1,. Kingsbury, Indianapolis; C.. O. Holmes. Gary; Dr. Kenosha Sessions. Indianapolis ; Mr* K: hard Edward*. Peru; Miss S. Ethel t'lark, Richmond; Prof. T. F. Fitzgibtua, Muncle.

Charge Conductor in Tack Throwing Case Virgil Beach, 23, street car conductor. 1149 West Sixteenth street, was arrested today by Motor-policemen Moriarity and Ferguson on a charge of throwing tacks "It tho streets. Thousands of carpet tacks littering West Michigan street, west of White River, for several feet, caused punctures to several automobiles yesterday and led t" the arrest of Beach, the officers say. An affidavit against IT. N. Danstield. 5.70 Centennial street, a Dill poster, charged with the same oflVnge, was filed with the < tt> pr secutor by autoists. among them jitney inis drivers, but he bus not been arrested. 3 Suffer Injuries at Railroad Crossing Special to The Times. PORTER, Ind.. Aug. 20.—One woman was seriously injured and two men had narrow escapes from death today when tho Twentieth Century Limited of the New York Central road struck an automobile at Swedish Crossing, three mlies west of here. The woman was rushed to 3 Gary hospital where site is still unconscious. Her name had not been learned. The automobile in which the party was riding bore a Michigan license number and is believed to have come from Big Rapids, Mich. 113th Engineers in Ist Annual Reunion The first annual reunion of the 113th Engineers' Association will be held Punday, Sept. 25. and will be in the form "f an all-day outing. The regiment was composed of men of Indiana. Kentucky and West Virginia, with Col. W. S. Boyle, of litis city, in command. A meeting of the executive committee will be held Friday evening at 8 o'clock, in American Legion hall, Illinois and Sixteenth streets. Marriage Licenses. Arthur Hamilton. 102 Wiley av 24 Marie Augistin, 1121 Hamilton av 29 .Tamos Murphy, Bloomington, 1nd..'...39 I Mae Williams, Lafayette, Ind 21 John Lavengood, 220 N. Illinois 5t...2i Blanche Fb-nner, 526 N. Delaware 5t...20 Joseph Nan, R. 11. 1 2b; Mary Berry, R. R. 1 20 i William Thrasher, 039% Mnssachussetts3s Nelile Madden, 430 Mnssachussetts... .45 ! Ed Simon. 1338 Villa av 21 Lima Shiretnan, 19-70 E. Michigan sti.2o William Denker, 2135 Wendell av 21 Mary Hall, 619 Langsdaie av 19 Kosine Stewart, Dunkirk. Ind 27 Minnie Freyling. 411 N. Delaware 5t..25 Frank Robison, 537 California av 24 Eunice Hicks, 936 Indiana av 35

Church or Jail; He Decides on Former AKRON, 0.. Aug. 20.—G0 to church or go to Jail. That's the ruling handed down by Judge H. C. Spicer when John Chapman, 19, faced him on a charge of cutting with intent to wound. Chapman took the church-going angle of the court's order.

WHEAT SUFFERS SHARP DECLINES Corn Values Hold Well—Oats Close Fractionally Off. CHICAGO, Aug 20.—Heavy offerings caused sharp declines in wheat quotations on the Chicago Board of Trade today after a slight advance at the start of trade. The opening bulge was due largely to lack of selling pressure, but the advance brought out a great deal of selling, especially by commission houses. Corn held up well, due to the movement to have farmers hold back livestock and grain from the market, in the face of the decline In wheat. Provisions were irregular. September wheat opened up %c at $1.17%, and closed off 3%c. December wheat opened up %c at $1.15%, and closed down 3c. September corn opened off %c at 52c and closed off %c. December corn opened off %e at 52%e and closed unchanged September oats opened up %c at 52c, and closed off Vic December oats opened up VjC at 36%c and closed off %c. (By Thomson & McKinnon.) —Aug. 20. Wheat—Two weeks today, September wheat sold at SI.IS and today it sold at that price, but closed at $1.14%. In the meantime, it advanced to $1.25%, losing this advance very largely on business and financial influences*. The receipts have averaged very heavy and tho export business and clearances have been very large. Cash premiums have advanced, even on the large receipts and the export business has been extremely heavv, it being estimated that fully 10.000,000 bushels were placed, mostly to the continent, Tho liquidating circumstances surrounding coarse grains live Block has Anally extended to wheat and holders who believe in better prices later have very largely liquidated for the time. Receipts are small. Minneapolis had 310 cars against 328 a week ago and Kansas City 310 against 410. week ago. Absence of investment b ying has been largely responsible for the decline. Should this support come into the market at any time, the strong statistical position would undoubtedly work for better values. Northwestern advices are of considerable disappointment in the movement of spring wheat. Coarse Grain—Corn suffered 6ome further decline, as compared with last night, on liberal re-ceints and good crop advices The demand, such ns it was. came from commission and elevator interests, who were buying against previous sales. Oats, on the other hand ruled strong, with very much smaller receipts and a better cash demand. The oats situation seems to be liquidated but that is not so clear regarding corn as yet. Provisions—The hog market was lower today. Packers gave lard good support, but the trade was not iargj', the selling coming almost entirely from scattered outside sources. The.unsettled condition in the beef market was against any activity for the moment. CHICAGO GRAIN TABLE. —Aug. 20— WHEAT— Open. Hich. Low Close. Sept 1.17% 1.18 1.14% 1.14% P-e 1.18% 1.19% 1.14% 1.15% CORNSept 52 .52% .51% .51% Dee 52% .52% .52 .52% OAT 4 Sept 33 .33% .33 .33% Dee..... .36% .30% .30 .36% PORK—•Sept 1700 LARD - Sept 10.55 10.00 10.50 10 00 (let 10.70 10 72 10.65 10.70 RIBS— Sept 8 07 9 00 8 95 8.97 Out 8.92 9 00 S 90 8 95 RYE— Sept 1 04% 1.01% 1.01% 102 Dec 104% 104% 1.01% 1.02% •Nominal.

CHICAGO CASH GRAIN*. CHICAGO. Aug. 20.—Wheat— No. 2 red. $1.17; No. 3red. $1 13%@ 1.15%: No. 2 hard winter, $1.16%@1.19; No. 3 hard winter. $i 15%: No. 1 mixed. $1.18%: No 2 mixed. Sl l.'dgl 18. Corn—No. 1 mixed. 53%e; No. 1 white, 53%@53%c: No. 1 yellow, 53<253%c; No 2 mixed. 52c; No. 2 white [email protected];%c; No. 2 yellow, f>3@ 53%c. Oats—No. 2 white, ,33@33%c; No. 3 white, 30%©32c; No. 4 white, 23%@ 28 %C. TOLEDO CASn GRAIN*. TOLEDO, Aug. 20—Wheat—Cash. S’ 20; August. $1.20; September. $1.19; December. $123%. Corn-—Cash. 59@60c. oats —Cash told t. 39%(<f40%e ; /new). 35% @B6%e. Rye—Cash, 99c. Barley Cash, PRIMARY MARKETS. (Bv Thomson A McKinnon.) —Aug. 20— Wheat. Corn. Oats. Chicago 384,000 775.‘t00 506.00 Milwaukee ... 36.00 t) 144 000 89.000 Minneapolis.. 400.00.) 15.000 141,000 Duluth 213,000 6,000 53,000 St. Louis 218,<100 70.000 94,000 Toledo 36.000 9,000 21.000 Detroit 2,000 4.000 Kansas City.. 419.000 29,000 60.000 Peoria 6.000 34,000 9,090 Omaha 174.000 83.000 44.000 Indianapolis . 12,000 66,000 74.000 Totals 1.900.000 1.234.000 1,005.000 Year ago... 1,293.000 261,000 1.239.000 —Shipments Wheat. Corn. Gats. Chicago 894,000 687.000 2.33.000 Milwaukee 8,000 19.000 Minneapolis... 158,(00 12.000 58,(KK) Duluth 270.000 St. I.ouis 120,000 44,000 54.000 Toledo 3,000 8.000 Kansas City.. 591,000 51,000 12.000 Peoria 17.000 16.000 7.000 Omaha 212.000 109 000 12.090 Indianapolis.. 13,000 14.000 56.000 Totals 2,275,000 944.000 459.000 Year ago... 1,200,000 254,000 714.000 INDIANAPOLIS CASH GRAIN. —Aug. 20Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade wore: Wheat—Weak; No. 2 red, $1.105® 1.21. Corn —Steady: No. 2 white. 55@56c: No. .3 white. 54@55c; No. 2 yellow. 50 ! i@ 57%e: No. 3 yellow. 55%@36%0: No. 2 mixed, 54@54%e; No. 3 mixed. 53@5 4%0. Oats Steadv: No 2 white. .33%(ji 34%c: No. 3 white, .31%@',32%e. Ilay—Steady; No. 1 timothy, [email protected]; No. 2 timothy. $18,50019; No. 1 light elover mixed, [email protected]; No. 1 clover hay, slS(gl9. —lnspections

Wheat—No 2 red, 1 car; No. 3 red. 2 cars; total, 3 cars. Corn—No. 1 white, 8 cars; No. 2 white. 17 cars: No. 3 white. 6 cars: No. 4 white, 1 car; No. 1 yellow, 1 car; No. 2 yellow. 7 cars; No. 2 mixed. 1 car; No. 5 mixed. 1 car; total. 42 cars Oats—No. 3 white, 6 cars; No. 4 white. 13 cars; sample white. 1 car; No. 3 mixed. 1 car: total, 21 cars. Rye—No. 2. 1 car; No. 3, t car; No. 4, 1 car; total, 3 cars. The weekly statement of the Indianapolis Board of Trade showing the weekly output of flour by local milis. inspections for the week and stock in store, follows: COMPARATIVE STATEMENT Output of flour— Bbls. Aug 20, 1921 9.063 Aug. 13. 1921 8,651 Aug. 21, 1920 6,-460 Aug. 23. 1919 12.134 —Bushels — Inspections for week— 1920 1921 Wheat 82,000 34.000 Corn 385,000 76,000 Oats 484.000 256.000 Rye 31.000 6,00*3 Hay—l3 cars. . STOCK IN STORE. Wheat. Corn Oats. Rve. Aug. 20. 1921..535.280 232.420 514.900 2.990 Aug. 21, 1920..142.760 331.410 213.920 930 Aug. 23, 1919..718,660 284.400 112.200 19,360

FARM LOANS Reasonable Rates Limited Amount-You Should Apply at Once THOS. C. DAY & CO. Trust Building,

CITY WILL PLAY SANTA CLAUS TO DISABLED MAN May Advance Compensation of One Year to Old Employe. Advance of a year's compensation to Oscar Sims, disabled city employe, for the purpose of enabling him to set himself up in some small business so he eventually may become self-supporting again, is the unique purpose of gn ordinance prepared by the city legal department today for introduction at the special meeting of the city council Monday evening. Sims was a teamster working at the city dumps Oct. 29, 1920. when a wagon upset and broke his back. He has been totally disabled since and under an award of the State industrial board the city has been paying him $13.90 per week. According to Dixson H. Bynum, city claim agent, Sims has to use all of this from week to week to keep himself and family going. By advancing the compensation due for the next twelve months, which the ordinance fixes at $1,456.66, Sims will tie given a neat nest egg with which to get on his feet, the claim agent explained. At the er.d of the twelve months the city lias agreed to pay Sims $981.66 more, it was stated. The total amount of the city's liability under the compensation ; act can not exceed $5,000. My Bynum 1 said he hopes Sims will be able to start , earning something in some small business ' with the advance payment. The city's liability decreases as the injured man be- ! comes able to earn. In order to meet the payment due next year SI,OOO was added to rhe legal department's budget. City Controller Robert H. Bryson said. THINK KING IS ONLY LOVESICK Illness of Alexander Caused by ‘Jilt?’ PARIS, Aug 20.—Romance was injected today into the mystery that veils the illness of young King Alexander. A report gained circulation that Alexander's illness is due to his being jilted by Princess Sophie, eldest daughter of the Duke of Vonrome, member of the Orleans family. This story came on the heels of an official denial by the Serbian legation of reports that Alexander was engaged to marry Sophie. Acting Minister Yankovitcb declared the king never saw Princess Sophie. Ho refused to add anything to this statement. al'hough it is well known to newspaper men in Paris that Alexander did meet her at Divonne I.es Baines and was ceen with her frequently. When it was first reported they were engaged no contradiction was made in official Serbian circles. Later it was rumored the Princess had broken off the engagement and that Alexander was “broken hearted." The king could not be located. His doctors declared he had passed a good night. Boy in Melon Patch Gets Shotgun Charge Special to The Times. MT’NCIE, Ind., Aug. 20. Clarence Erlanghach, 17. a farmer boy, near Munele. 1* in a critical condition at a local hospital suffering from 150 shot wounds received when William Sehueks fired at him and a companion when they were found In a melon ratch on the William Lipscomb farm, near here. late last night. The other lad. who is said to have been slightly wounded, made his escape and his name has not been learned. Two Men Kiiled in Fight Over a House SENECA. Mo.. Aug. 20.—Two men are dead here today and a third is said to be dying as tho result of a gun battle late Friday night, following argument over the possession of a house. Moses Addington and Bee Middletou shot each other to death. Clifford Middleton. son of the latter, was wounded by Addington and is in a critical condition. Credit Men to Hold Picnic on Saturday Plans have been completed for the fourth annual picnic of the Indianapolis Association of Credit Men. which will be held at Garfield Park Saturday. There will be music by the Indianapolis Newsboys Band, and community singing led by Harry Callaiul. The picnic will be for members of the association, their wives and children and business friends. It will be in the afternoon and evening. Hamon Dream Road Reaches Completion BRECKENRIDGE. Texas, Ang. 20. The dream of .Take ITamon. slain oil king and political leader, came true day. A tiny switch engine bearing a train load of excited oil men arrived in Breckenrldge from Wichita Fails—and the 150 miles ‘oil road" was officially completed. "Hanson's dream" of an oil road began shortly after he became identified with the oil game and through the latter days of his life his oil road was almost an obsession. Road Bandits Make Big Haul at Detroit DETROIT. Aug. 20—Two bandits held np a Detroit man and two women near Mount Clemens today, robbed them of $17,546 worth of diamonds and jewelry, stole their automobile and escaped. M Glasner. Mrs. Dorthy Stevens and Mrs. Anna Goldman were returning to Detroit, when stopped by a tree which had been thrown across tho road by the bandits. WOMAN CHARGES CRUELTY. Claiming that her husband on one occasion beat her with a razor scrap until she was black and ’title. Mrs. Mina V. BeatKy todav sued Joseph Francis Eeatty for divorce, in Superior Court, Room 4. She asks for $1,500 alimony and for the custody of the only child, Joseph Francis Beatty Jr., 10. American Telephone & Telegraph Cos. 128th DIVIDEND A quarterlv dividend of Two Dollars and Twenty-Five Cents per share will be paid on Saturday. October 15, 1921, to stockholders of record at the close of business on Tuesday. September 20, 1921. II BLAIIt SMITH, Treasurer.

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