Indianapolis Times, Volume 34, Number 122, Indianapolis, Marion County, 1 October 1921 — Page 11

REACTIONARY ■MARKET DUE TO P PROFIT TAKING %Lehigh Valley Stocks Kited ■ on Rumors of Improved p Prospects. I’ETROLEUM IN SETBACK Special to Indiana Dally Times iand Philadelphia Public Ledger. By MONITOR. ' NEW YORK, Oct. I.—Profit-taking was largely responsible for the reactionary tendency that developed in the stock market Friday after a rather steady opening. Except among a few specialities, rails and industrials as well, gains were limited to small fractions or where declines prevailed. The striking exception in the railroad group was furnished by Lehigh Valley, which ran up nearly 3 points on relatively heavy buying based on rumora of Improved dividend prospects. In the early trading the oils were steady, but profit-taking sales made their appearance in Mexican Petroleum, causing a set-back and other members of the petroleum group followed suit, some of the exceptions being Texas Company, which closed at the top with a half point advance, while Cosden and Invincible also were higher. The coppe.s continue to display steadiness, although the reactionary trend of the market in the afternoon prevented them from making much of a showing. General news was of a somewhat conflicting character. The decline in the French government Ss and 7%s on heavy sales was Interpreted as reflecting a less favorable view o.* these securities owing to the reparations outlook. The weekly statement of the Consolidated Federal Reserve System shows another Increase, alI though a moderate one, in the ratio to the new high figure of 69. An important item in the exhibit Is the gain ’n the reserve ratio of the Dallas bank to the fig tire of 22.9 against 9 2 at the end of August. Local traction securities moved irregularly as a result of the publication of the transit commission's recommendations In the attempts of the transit problem of greater New York.- An early rise, both in the stocks and bonds, was followed by a reaction which Indicated more or less confusion of sentiment In '.egard to the proposals.—Copyright, 1921, by Public Ledger Company.

WALL STREET GOSSIP. By MONITOR. In the middle of the day, copper stocks had a mild flurry under the leadership of Utah and Inspiration. There was no particular news to account for the advance. but the more favorable tenor of recent market news affecting these issues has created a much better sentiment for them. In some quarters the opinion is ex pressed that by the spring of next year the surplus of 1.230.000,000 pounds of metal should be fairly well cleaned up, paving the way for the reopening of the mines. The advance in silver also has had its effect on these companies, which are producers of the white metal as well as of copper. It was this feature which was responsible for the buying in Cerre De Pasco, which produced a considerable quantity of silver each year, and whose production costs of both silver and copper are extremely low. It is reported that the sales of Sears, Roebuck & Cos. are about 15 per cent below those of a year ago, although the number of orders shows air-increase of 25 per cent and prices are 30 per cent I lower in average. Farmer buying is not apparent, except in clothing, it is said, and the losses sustained by the agricultural element last year were so large that a return to the normal volume of hjneiness this year is not expected. The unfavorable report submitted by the Punta Allegro Sugar Company failed to have any effect on that stock, largely because there is general knowledge of she conditions which have obtained In the Industry during the last year. After depreciation losses on sugar carried over and all expenses the report shows a deficit of $2,843,290 as compared with a surplus of $6,690,652 last year. Full duty sugars sold at 2.30 c. 1. f„ a new low record tor the recent movement. The Cuban commission is reported to hare made some substantial sales and banking interests likewise have found a market for some of the sugars hypothecated to them at higher prices The demand for refined sugar was very moderate, and there is a consequent lack of buying power behind these stocks. That the American Sugar Refining Company would Issue approximately $25.(XX>.000 of bonds, has been gossip sime the first of the year. The report is in circulation in usually well infomred circles and it Is said the offering will be made before the end of the year. Mexican Petroleum declined nearly ♦ points from the high point of fthe day. selling being attributed to a large operator as well as to selling by interests identified with the company. Buying was largely for the account of shorts who sold the stock on Us recent rise above 115. Floor traders were active on both sides. Lehigh Talley adfrrnced nearly 3 points on the oft repeated report that the directors will increase the dividend at the next meeting.—Copyright, 1921, by Fublic Ledger Company.

Weather

The following table shows the state of ju lather at 7 a. m., Oct. 1, as observed H , United States Weather Bureaus: Jtation. Bar. Temp. Weather. Indianapolis, Ind.. 30.08 51 PtCldy Atlanta, Ga 30.04 54 Clear Amarillo, Texas .. 29 SO 54 Clear Bismarck, N. D... 30.00 32 PtCldy Boston, Mass 29.94 58 Clear Chicago, 111 29.94 56 Clear Cincinnati, Ohio.. 30.10 48 Cleur Cleveland, 0hi0.... 30 02 50 Clear Denver, Colo 29.72 58 Cloudy Dodge City, Kan... 29.78 78 Clear Helena. Mont 29.90 42 Clear Jacksonville. Fla.. 29.90 72 Clear Kansas City, M 0... 29 94 54 PtCldy Louisville, Ky 80.12 50 Clear Little Kock, Ark.. 30 04 52 Clear Los Angeles, Cal... 29.82 80 Rain Mobile, Ala 29.96 68 Cloudy New Orleans. La.. 29 94 74 Cloudy New York, N. Y... 29 98 58 Clear Norfolk, Va 30.06 86 Clear Oklahoma City 29.94 54 Clear Omaha, N'eb 29 90 52 Cloudy Philadelphia, Pa.ii J 50.04 58 Clear Pittsburgh, Pa. .. 80.08 50 Clear Portland. Ore 30.06 46 Clear Rapid City. S. D. 29 98 40 PtCldy Uosebnrg, Ore. .. 30 02 30 Clear San Antonio, Texas 29,92 84 Clear San Francisco, Cal. 29.76 56 Clear St. Louis, Mo 30 04 54 Clear St. Paul, Mina 29 76 56 Cloudy Tampa, Fla 7 29.96 78 Clear' Washington, D. C. 30.08 58 Clear WEATHER CONDITIONS. Since Friday morning showers have fallen on the Gulf coast. In the Eastern States, and In the far Southwest, while elsewhere generally fair weather has continued. It I* considerably cooler in Eastern sections, and warmer from the western Lakes to the southern Rockies. A i[ ,w freezing temperatures were reported ■ ast night in localities in the far NorthWest. and heavy and killing frosts ocirred in North Dakota. -2 J .H. AR.YIINGTON, ■ Meteorologist, Weather Bureau. ■ CLEVELAND PRODCCF ■XBTBUXb, Sept. 30.—Butter— Ei- ■*- in tubs, 49%@5 0e; prints, 50%<&51c; Hr ra ffi-sts, 18%@49c; firsts, 47%<04c: Hconds, packing stock. 21%@ ■3c. Eggs—Fresh gathered, northern s---prras, 44c; extra firsts, 43c; Ohio firsrs, new cases, 40c; old cases, 89c • western firsts, new cases. £7?. Poultry—Live heavy fowls. 27@29c; light fowls. 19@22c; roosters. 15c: broilers, 23@24c; live spring ducks, 20@25c. Potatoes—Jerseys, 33.50 @3.80 per 150-lb. bag; sweet potatoes, $3.T5@4 per barrel; $1,75 per hamper.

N. Y. Stock Exchange

. —Sept. 30— Prev. " High. Low Close. Close. Allied Chem. . 46% 46% 46% 45% Ajay Rubber . 24% 23% 23% 23% Allis. Chaim. . 33% 33% 22% S3 Am. B. Sugar .28 27% 27% Am. B. M. Cos. . 38% 88% 88% 37 A. Car & F. .129% 129% 129% 128% Am. Can 27% 27% 27% 27% A. H. AL. Cos. . 10% 10% 10% A. H. & L. pfd. 51 51 51 51% Am. let 60% 90% CO% 60 A. In. Corp. . 34% 33% 38% 84% Am. Drug 6% 5 5 .... Am. Loco 91 90 90% 90 Am. S. & Ref.. 38% 87% 38 88% Am. Sugar Ref. 01% 59% 50% 61 Am. S. Tob. Cos. 41% 39% 40% 41% “Am. Steel Fdy. 25 24 % 24% 25% Am. Tel. A Te1..108 107% 107% 10.'% Am. Tobacco 124% 124% 124% 124% Am. W001en.... 75% 75 76% 15% Am. Zinc & Ld. 9% 9% 9% 10 Ana. Min. C 0... 40 39 % 39% 39 Atchison 86% 86% 86% 86% At. Gulf &W. I. 28% 27% 28 28 Baldwin Loco.. SB% 86% 86% 88% B. & 0 38% 88% 38% 38% Beth. Steel (B). 56% 65% 55% 60% Califor. Pete... 38% 37% 38 37% Cent. I.eather... 29% 28% 29 Chandler Mot... 43% 42% 42% 43 C. & 0 56% 56 56% 56% C.. M. A St. P.. 26 25% 25% 26 C.M. & St.P.pfd. 40% 39% 4040% Chi. &N. W.... 70% 69% <59% 70% C., R. I. & P... 34% 33% 33% 33% C.R.I.AP.6%pfd.. 68 68 68 C.F. I.&P.T'Tcpfd.. 79% 78% 78% 80 Chili Copper.... 11% 11% 11% 11 Chino Copper.. 24% 24% 24% 24% Coca-Cola 36% 36 36 36% Columbia Gas... 60% 69% 59% 59% Columbia Graph 4% 4% 4% 4% Cons. Gas 89% 89% 89% 89V* Cosden Oil 27% 26% 27% 26% Corn Products . 75% 78 78 78% Crucible Steel.. 65 63 % 04 64% Cub.-Am. Sugar IS 12% 12% 18% Cuba Cane Sug. 7% 7% 7% 7% Del. & Lacka ..108% 107% 108 107 Endieott 65% 64% 94% 64% Erie 13% 13% 13% 13% Erie Ist pfd..,. 19% 18% 18% 19 Famous Plavers 66% 54% 64% 56% Fisk Rub. C 0... 12% 12 12% 12 Gen. / sphalt... 54V* 52% 58% 63% Gen. Cigars 58% 68% 58% Gen. Electric.... 124% 123% 123% 124% Gen. Motors.... 10% 10% 10% 10% Goodrich 32% # 32% 32% 32 Gt North, pfd.. 75% 75% 75% 75 Gulf States Steel 40% 40% 40% 40% Houston 0i1.... 66 54% 65 54 Inspiration Cop. 35% 35 85% 34% Interboro Corp. 2 Y% 1% 1% Invincible 0i1... 9% 9 9 S% Int. Harvester.. 7776 16% 76% 78 Int’l Nickel .... 14 13% 13% 13% Inter. Paper.... 60% 48% 48% 49% I si. Oil & Trans. 2% 2% 2% 2 K. C. South.... 26% 23% 25% 26 Kelly-Spring. .. 43% 42% 42% 42% Kenneeott Cop.. 21 20% 20% 20% Lackawana Stl.. 42% 41% 41% 42 Lehigh Valley.. 57 54% 57 64% Lee Tire 26 26 26 26 Loews Inc 13% 13% 13% 1374 Loft Candy ... 974 9% 974 97* May Stores .... 83 S3 -83 82 Marine Com... 10% 10% 10% .... Marine pfd 48% 47% 48 48% Mont-Ward 18% 18% JB% 18% Mei Pet 103 99% 99% 102% Miami Cop 21% 21% 21% 21% Middle S. Oil.. 12 11% 12 12 Midvale Steel.. 26% 20% 20% 26 Missouri Pac... 20% 19% 19% 20% Missouri Pac. p. 41% 41 41 41 Nev. Con. Cop. 12% 12% 12% 1274 •N. Y. Central.. 73 72% 72% 74 New Haven 35 14% 14% 15% Norf. & West... 90% 96% 86% 96% North. Pacific.. 78% 78 78 77% Ok. Pro. & Ref.' 2% 2% 2% 2% Pacific Oil 38 37% 37% 37% Pan.-Am. Petrol. 477* 461* 46% 47% Penna. Ry 37% 37% 37% 37% People s Gas 51% 51% 51% 50% IMerce-Arrow .. 12% 11% 11% 12% Pere Marquette. 20 19% 19% 19% Pittsburgh Coal. 61 60% 60% 61% Prst. Steel Car. 38 57% 57% 68 Pulmn. Pal. Car 93% 927* t 2% 9174 Ry. Steel Spgs. 83 83 83 84 Pure Oil 23% 24% 2574 25% Reading 72% 717* "27* 72% Rep. Irn. 4 Stl. 53% 52% 52% 52% Keplogle Steel 23% Ryl. Deh. N. Y. 47 46 46 46 Sears-Roebuck.. 69% 68% 6874 6874 Sinclair 20% 19% 19% 20 So. Pacific 80 79 79% 79% Southern Ry... 20% 20% 20% 20% St. L. & S.W.Ry. 24V* 23% 23% 24V* Stad.O.N.J.(Cal) 75% 747* 74% St.L. & S.F.com 24% 23% 23% 24 Strom. Carb SO% 30 30 ~.. Studehaker .... 75% • 73% 737* 74% Texas Cos 36V* 3674 36% 80 Texas A Pacific 23 23 23 23 Tob. Prods.... 66 65 65 % 66% Trans. Oil 874 8% 87* BV* Union Oil 17% 17 17 17% Union Pacific ...122% 122 122 122 U. K. Stores.... 52% 5174 51% 62% U. Corp... 14 12% 18% 12% V. F Cos 110% 110 110 110 V. Drug 56% 56% 56% 56% V. S. In. A. ... 45% 45% 45% 46 U. S. Rubber . 50% 49% 49% 4974 U. S. Smelt 3374 33V* 33V* 32 U. 8. Steel ... 80% 79% 79% 79% U. Copper .... 51% 503* 50% .... Van. Steel 32% 3174 31% 31% Vlr. Car. Chem. 30 30 30 30% Wabash pfd. ... 21% 20% 20% 21% •West. Elec ... 44 •* 44% 44% 45% White Motors . 33% 33% 3874 .... W. Overland .. 6% 6 6% 6 Wilson A Cos. . 35 35 35 33 Worth. Pump .. 40% 4040 41 White Oil 8% 874 8% 8 West. Pac 23% 2274 23 23% •Exdividend. NEW YORK LIBTRTY BONDS. —Oct. 1— I’rev. High. Low. Cl •so. close. Liberty 3%5... 88.46 88.34 88.46 88.10 Liberty Ist 4s Liberty 2d 45.... 90.52 90 26 90.52 80.22 Liberty Ist 4745.. 90 8,8 90.80 90.82 90.90 Liberty 2d 4Vis.. 93.56 90.40 90 52 90.46 Llterty 3d 4%5.. 93.96 93.84 93.96 83.88 Liberty 4th 4%5. 90.8* 90.72 90.90 90.80 Victory 3%s 99 4* .9.44 99.44 99 40 Victory 4%s 99.48 99.44 99.16 99.48 CHICAGO STOCKS. (By Thomson A McKinnon.) —Oct. i— ' Open. High. Low. Close. Carbide A Car.. 45 45 44% 43 XJbby 774 TANARUS% 7% 77s Mont. Ward .. 1874 18% 18 18 Nat. Leather ... 6% 6% 6% 6% S. Roebuck ... 68% 68% 68% 68% Swift A Cos. . 937* 93% 92% 93 Swift lut 22% 2274 22 22

In the Cotton Market

NEW YORK, Oct. I.—Wall street was an active buyer and was largely instrumental in advancing prices 5 to 17 points at the opening of the cotton mar ket today. Reports of rains In sections of the cotton belt helped the advance. The South, commission houses and some of the room traders sold, mainly in the way of evening up for the Government report. This caused a reaction subsequently. prices ruling off about 13 points under last night's close. New York opening cotton prices; October. 20.08 c; December, 20.90 c; January, 20 70c; March, 20.33 c; May. 19.85 c; Jul'v, 19.35 c. The market was ur.der pressure during the second hour. The tlose was irregular and at the low of the day, showing net declines of 2S to 35 points. —Cotton Futures— Open. High. Low. Close. January 20.70 20.78 20.36 20 33 March 30.35 20.35 20.02 20.02 May 19 85 19.85 19 50 19.50 July 19 35 19.37 18 95 18 95 October 20.80 20.N0 20.48 24 48 December 20.95 20.0.8 20.65 20 63 LIVERPOOL. Oct. I.—Busiuess was good at the opening of spot cotton yesterday. Prices were easier and sales close to 16,000 bales. American middlings, fair, 17.62d; good middlings, 15.52d ; full middlings, 15.22d; middlings. 14.72d; low middlings, 13.62d; good ordinary, 12.57d: ordinary, 11.82d. Futures opened steady. NEW YORK BANK STATEMENT. NEW YORK, Oct. 1. —Average: Loans, increased $23,7213100; demand deposits, increased _$11,283,000; time deposits, increased $742,000; reserves, decreased $7,387.030. Actual; Loans, increased. $55,GSI.IXX); demand deposits, increased $44,801.000; time deposits, increased $032,000; reserve, decreased $43,557,100. NEW YORK RICE. NEW TORK, Oct. I.—Rice values were strong on the market here today, domestic selling at per pound. NEW YORK TERPENTINE. NEW YORK, Oct. I.—Turpentine sold at 75 cents a gallon in trade on the market here today.

STOCK MARKET TONE IS STRONG

Leading Issues Touch for Day in Final Hour. NEW YORK. Oct. I.—The stock market closed strong today. The oversold condition of th© market became more pronounced in the late deallugs. Many of the leading issues sole at new high leveJs for tne day In the last few minutes. United States Steel sold up to SA>% and Baldwin Locomotive up to 87%. Texas Pacific Coal and Oil continued in demaud, selling up to 23%, a gain of 3 points. Mexican Petroleum rallied over 2 points to 100%. The railroad stocks snowed fractional Improvements. Total gales of stocks today were 280,700 shares; bonds, $6,447,000. Total sales of stock for the week ending today were 2,852,800 shares; bonds, $98,284,000. (By Thomson & McKinnon) —Oct. 1— The stock market, like world business, improves by degrees. We have not yet reached that stage where activity is sufficiently broad to include all lines in bus ness or all groups in the market. But indications are sufficiently pronounced to show the trend. The condition in the steel and iron industrries is well known, since it has been commented upon at frequent intervals in the press as well as In market letters. In oil we have the recent advance in the price of the crude. The advance is not sensational, but sufficient to add materially to the revenue of producers. The 'railroads are making progress and the show ng in the next statements will be awaited with considerable interest. The banking situation has improved to such an extent as to justify very optimistic statements, not ouly from the very influential reserve bank officials, but also from leading bankers throughout the country. Evidence of improvement is multiplying and should go far in reassnri -g the public that the time is here for individ nal invee.ment, as well as for business expansion. Wo w 11, of course, from day to day. have some features In the market, both favorable and unfavorable, but th* general tendency should be upward and ne continue to favor the purchase of standard stocks on all recessions. CLEARING STATEMENT. NEW YORK, Oct. I—Exchanges. 939 - 100.000; balances. $71,900,000; Federal Reserve Bank credit balances, $51,900,000. TWENTY STOCKS AVERAGE. NEW YORK, Oct. I—Twenty industrial stocks Friday averaged 71.00, off .11 per cent. Twenty active rails averaged 84.17, up .07 per cent.

Money and Exchange

• Indianapolis bank clearings Saturday were $3,002,000, against $2,345,000 for Saturday of the week before. For the week ending Saturday clearings totaled $14,600,000. against $17,379,000 for the week ending the Saturday before. NEW YORK, Oct. I.—Slight losaes prevailed at the opening of the foreign exchange market today. Demand Sterling unchanged was at $3 73%. Francs yielded 1% centimes to 7.1274 c cables and 7.117*e for checks. I.ires were 2 points lower at 398 c for cables and 397 c for checks. Belgian francs yielded 3 centimes to 7.02 c for cables and 7.01 c for checks. Marks fell 3% points to Kl%c. Guilder cables were 31.95 c; checks, 31 98c. Sweden kronen cables were 22.30 c; check*. 22.23 c. Norway kronen cables were 12 32c; chtcks. 12.27 c. Denmark kronen tables were 17.95 c; checks. 17.90 c.

MOTOR SECURITIES. (By Thomson A McKinnon ) —Sept. 30— —Closing - Bid. Ask Packard com 5% 5% Packard pfd 59% 60 National Motors 2 5 Paige Motors 12% 14% ACTIVE OIL STOCKS. —Oct. 1— —Opening— Bid. Ask. Anglo-American Oil 14 15 Borne-Scrymser 325 350 Buckeye Pipe Line 78 80 Chesebrough Mfg. Cons 145 155 Continental OH. Colorado 108 112 Cosden Oil and Gas \ 5 6 Crescent Pipe Line 26 27 Cumberland Pipe Line 120 125 Elk Basin Pete 5% 5% Eureka Pipe Line 70 73 Galena-Signal Oil. pref 80 85 Galena-Signal Oil, com 34 36 Illinois Pipe Line 155 160 Indiana Pipe Line 78 80 Merritt Oil 7% 7% Midwest Oil 2% 3 Midwest R?g 140 130 National Transit 25% 27 New York Transit 148 152 Northern Pipe Line 83 87 Ohio Oil 240 250 Oklahoma P. A R 37* 4 Penn.-Mev„ 18 20.. Prairie O l and Gas 470 500 Prairie Pipe Line 184 187 Sapulpa Kefg 38% Solar Refining 345 360 Southern Pipe Lins 70 73 South Penn Oil 170 180 Southwest Penn Pipe Lines.. 52 65 Standard OH Cos. of Ind 71% 71% Standard Oil Cos, of Kan 540 555 Standard Oil Cos. of Ry 880 390 Standard Oil Cos. of Neb 140 150 Standard Oil Cos. of N. Y.... 324 328 Standard Oil Cos. of Ohio 375 385 Swan A Finch 30 35 Vacuum Oil 265 275 Washington OH 25 30

NEW YORK CCRB MARKET. (By Thomson & McKinnon) —Sept. 30 — —Closing— Eld. Ask. Curtis Aero, com l 3 Curtis Aero, pfd 15 First National Copper 70 80 Goldfield C l *! 5 7 Havana Tobacco 1 1% Havana Tobacco pfd 4 6 Martin Perry 1 114 Jumbo Extenslqp 3 5 Intermit ional Petroleum .... 11% 11% Nipisting % 5 5% Standard Motors 3% 4% Salt Creek 10% ioJ Tonopah Extension 1% 1% Tonopab Mining 1% |% United P S new 114 14 U. S. Light end Heat 34 14% 1. S. Light and Heat pfd.... 1% 1 % Yukon Gold Mira Cos 82 90 Jerome 20 22 New Cornelia 13 14% United Verde 25 27 Sequoyah 3 5 Omar Oil 86 90 Rep. Tire 37 25 Acme Pkg i ill Texas Chief 7 9 Imp. Oil 7% 8 NEW YORK METAL MARKET. NEW YORK, Sept. 30.—Copper— Steady; spot, September, October and November offered at ll%c. Lead Quiet; spot, September and October offered at 4%e. Spelter Steady; spot, September and October offered at 4.55 c.

Stock Market Review

NEW YORK, Oct 1. —The Sun s financial review today said: ‘‘Principal interest in the stock market this morning was centered in the oil, copper and ra.lroad shares, activities in these groups being accompanied ty higher prices. ‘‘On the other hand, such standard leaders as I nited States Steel, Baldwin Locomotive, Studebaker anl ‘.he like were practically stationary. “The Federal Reserve Bans board’s monthly review for September finds that 'the month has been In the main a period of distinct encouragement,’ and gives promise of better conditions as the autumn and winter advances. ‘•Bank clearings of the country for the week ending today aggregated 86,942,804.928, a decrease if 23 5 nor rent, compared with the corresponding week of last year.' WHOLESALE BEEF PRICES. The following are today’s wholesale prices for beef cuts as sold on the Indianapolis markets; Ribs—No. 2,25 c; No. 3,20 e. Loins— No. 2. 19c: No. 3,17 c. Rounds—No. 2, 17c; No. Chucks—No. 2. 8c; No. 8, 7c. Plates —No. 2. 8c; No. 3.7 c.

INDIANA DAILY TIMES, SATURDAY, OCT OBER 1, 1921.

SWINE VALUES SHOW STRENGTH

Few Choice Ewe Lambs Sell at sß—Calves Steady. RANGE OF HOG PRICES. Good Goofl Good Sept. Mixed. Heavy. Light. 24. SB.IO JS.IO SB.OO 26 8.20@> 8.25 8.20® 8.25 B.oo® 8.15 27. 7.76® 8.00 7.50® 8.00 B.oo® 8.10 28. S.oo@ 8.25 8.26 825 20. 8.00 8.16® 8.25 8.25 80. 8.00 8.15® 5.25 8.25 Nov. 1. 8.15® 8.25 8.25® 8.40 8.35® 8.40 Swine prices were generally 10 to 15 cents higher in trade on the local live stock exenang© today, with receipts ap prexlmately 9,000 and a good demaud displayed witn both local packers* and shippers. Local packers seemed to be in the market more for tliS medium and light heavies, while shippers, although showing a good demaud for all grades, favored tne heavier weight hogs. Hogs weighing 160 to 216 pounds brought $8 35®8.40, while there were a few sules of that grude at $8.50. There were but few swine over the above mentioned weight on the market, and the bulk of the sales, therelore, were made at $8 35. This schedule, although generaly 10 to 15 cents up, was close to 25 cents higher on swine weighing 250 to 275 pounds, which on the market of the previous day sold at SB. i3. Pigs sold at s7@B generally, while roughs were steady at $6.20®7. with tne bulk of tne sales at $6.50®0.75. There was little trade in cattle, due to exTFemely light receipts. Speculators were the print ipal traders. Receipts ran arouud 10> cattle. Calves were steady ' with 300 on the market at buying of a geueral nature. There * .s a top of sl3, with the bulk of the choice veals selling at $11.50® 12.50. Sheep values were steady, while choice lambs were steady to s*o cents higher. A few choice lambs sold at SB. Receipts ran close to 390 sheep and lambs.

HOGS. Best light hogs, 160 to 200 lbs. average $ 8.35<5 8.40 Over 300 lbs. 815 200 to 300 lbs 8 15® 8.40 Sows 6.25® 7 00 Stags 4.so<a' 6.30 Best pigs, under 140 lbs... 7 00® 8.00 Toil 8.50® Bulk of sales 8.35 CATTLE. Prime eornfed steers, 1,300 to 1,800 lbs 7.25@ 8.25 Good to choice steers 1,200 to • 1,300 lbs 6.501® 7.00 Good to choice steers, 1,000 to 1,200 ibs 6.25® 6.30 Good to choice steers, 1,000 to 1.100 lbs 5.75® 6.25 Common to medium steers 800 to 1,000 .ha 5.00® 5.50 —Heifers and Cows— Good to choice heifer* 7.00® 8.25 Medium heifers 5.75® 6.30 Common to good heifers .... 5.00® 600 Good to choice cows 3.50® 5.00 Fair to medium cows 2 00® 3.00 Cutters 1 "3® 2 75 Caneers 75® 2.00 —Bulls— Good to choice butcher bulls. 4 50® 5.00 Bologna bull* 3.50® 4.75 Light bologna ♦“all* B.oo® 8.73 Light to common bulls 3.00 .. . —Calves —- Choice veals 11 50® 12.69 Good reals 900® 1000 Medium veals B.OOTC 9.00 Lightweight veals 4 00® 500 Common heavyweight veals .. S.W(* 500 —Stockers and Feeders— Good to choice steers, unde-' 890 lbs 5.00® 6 09 Medium cows 2.00® 3.09 Good cows 3.09® 4 <<o Good heifers 5.50® 7.00 Medium to good heifers 4.00'U. 3.00 SHEET AND LAMBS. Ewes 2.00® 3.50 Bucks 1 30® 2.50 Choice ewes and wether lambs 7.00® 7.50 Seconds 5.50® 6.50 Buck lambs 2.00® 3 50

Other Livestock

CHICAGO, Oct. I.—Hogs Receipts. 4,000; market, steady to strong; bulk or sales. $6.50®8.20; ton $s 30 ;heavle. *7 50 •ft*.2s; mediums. $8®8.30; lights. $7.63® 8.30; light lights. $7.35®8; heavy packing sows, smooth, ft! 30® 7.10; packing sows. rough, $0.10®6.50. Cattle —Re celpts. 500; market, steady. Sheep and lambs—Receipts, 3.000; market, steady. CINCINNATI, Oct. 1 -Hogs Receipts, 2.500; market steady; heavy, mixed and mediums, $8.35; lights, *8.25: pig". $7 25; roughs, $6.25; stags. $5®A.25 Cattle — Receipts. 250; market generally eteady; bulls steady; calves. sl'2® 13 Sheep and lambs- Receipts, 2 000; market steady; ewes, sl®3; lambs. 50c lower; choice iambs, $8.50; seconds,. s<>@6.so; culls, sß@4. CLEVELAND, Oct. 1— Hogs— Receipts, 1,600; market, steady; yorkers, $8.25; mixed, $8 4U; mediums, $8 40; pigs. $8 25; roughs, $6.50; stags, $4.50. Cattle—Receipts, 600; market, slow. Sheep and lambs—Receipts. steady; top, $8 30 Calves Receipts, 3?30; war ket. steady; top, $14.50. EAST ST. LOUIS. Oct. 1 —Hogs-Re celpts, 2.500; market. 5 to 10 rents low er; mixed and butchers, [email protected]; good heavies. $910(918.30; roughs, $5(9:6.25; lights. $8.25.®8.30. pigs. $7. 50®8.25 ; bulk of sales, $8.13(4830. Cattle—Receipts. 330: market, steady; native beef steers. $8(0.9.85: yearling steers and heifers, s9® 1C; cows, $3.25®5.50; Mockers and feed era 43® 5.50; calv.a, sl@ll 25: ramiers and cutters, $2.50®.'! Flux >• and lambs— Receipts, 150; market, nomtua’ EAST BUFFALO, Oct. I.—nogs—Receipts, 2,000; market. active; yorkers. $8.70(08.90: pigs, $8 65; mixed, $8 75® 8.90; heavies, $3.50®8.75: roughs. $6.50® 6 75; stags. $4©4.50. Cattle—Receipts, 750; market slow; prime steers, [email protected]; shipping steers. $7.50® 8.30; butcher grades. $5 76(37.50; cows. $1.50(35.25; bulls. $3 @5 50; milk cows and springers. s4o® 130. Calevs—Receipts, 100; market slow; cull to choice. ss® 14. Sheep and lambs—Receipts, 1,000; market active: choice lambs. $8.60(39; cull to fair, s6@B; yearlings, $5(36,60; sheep, s2@6. PITTSBURGH, Oct. I.—Hogs—Receipts, 4,000; market. 10 cents lower; urlnie heavies. $6.25®8 40; medium $&59©8.6(>; heavy yorkers. $8.30(2 6.60: light yorkers. $8(38.25; pigs $7.73@8; roughs, s6®7; stags [email protected]; heavy mixed. [email protected]. (‘attic 'Receipts, 1<0; market, steady; veal calves, sl4: heavy and t tin calves, s3@B. Sheep and lambs —Receipts, I,<SX); market, steady; prime wethers, [email protected]; good mixed, $4 [email protected]; fair mixed. $5.50® 4; culls and common, $1.25(31.25; lambs. $9.25.

Local Curb Market

(By Newton Todd.) —Oct. 1— Bid Ask American Homlnv com 17 Brazil Sterling 4% 37% 38®, Burd.ck Tire and Rubber... 1 2 ' Capital Film Cos % 41/ Central and Cuast Oil 1% 4® Choate OH Coru- 1 jtu Columbian Fire Ins. Cos 6 7% Comet Auto ■j; 1% 2% Dayton Rubbezr Unika 61 70 Dueeenberg Motor Units.... 59 68 Duesenberg Motor com 10 Elgin Motor Car 8% 5 Federal Fin. Cos. pfd 72 82 Fed. Fin. Cos. com 125 133 Gt. Sou. Prod. X Ref. Units. 8% Haynes Motor com 118 Hurst & Cos., pfd 42 62 Hurst & Cos., com 1 2 Indiana National Ban* 255 266 Indiana Rural Credits 49 63 Imlpis. Securities pfd 1% 2% Metro. 6-50 c Stores com Vl% 15% Metro. 5-50 c Stores pfd So 33 1 Revere Motors 14 s. Rub-Tex Units 17 20% State Savings & Trust Cos S9 93 Stevens-Duryea Units 55 64 0. S. Automotive Units 90 105 U. S. Mtg. Cos. Units 165 173 a CHICAGO PRODUCE. CHICAGO, Oct. I.—Butter—Receipts, 9,200 tubs; creamery extras. 44c: firsts, 34@42c: packing stock, 23®24c. Egg—Receipts, 9.300 cases; tirats, 38®40c ; current receipts, 37@38c: ordinary firsts, 34@360; cheeks, 23@24c: dirties, 24(®26c. Cheese— Twins, new. 19 ! )4@20%r; Young Americas. 20@20%c; Daisies. 20®20%c; Longhorns 20©20%c: brick. 19%@20c. Live poultry— Turkeys, 86c; chickens, 18c; springs, 20c; roosters, 14c; geese, 18c; ducks, 22c. Po tatoes—Receipts, 89 cars; Minnesota Red Rivera and Ohio*. sl.Ss@2 r.er 130-lb. bag; Wisconsin Wiiltca. $1.75(81.90: Idaho Whites. $1.83(32; Main cobblers. $2.

New York Bonds

(By Thomson A uf^t*BONDS FOREIGN GOVERN IKNT BONDS. ~° ct - f Bid. Ask. Arg. (unlisted) ss. Sept' *’ 4,> 55w Belgian 6a, Jan. 1, ’23 ... Belgian 7VU -Tune 1, 45 35?£ Herne os, Nov. 1,40. •. i, Chile Ss. Feb. 1, ’4l. '"",-. *** Chinese (Hk.Ry.) ss, jj4 n 61 * 7 *? w Christiania Bs, Oct. 1, ’•'.' % 12' g, J Copenhagen 5%s July 1 .L, 44 ' -Jjo ’ * u™ Danish Mun Bs, Feb. U* " ,n7 Denmark Bs, Oct. 15, ’’ v •Canadian 5%5, Dec. 1J "l"' X}# ‘Canadian 5%5, Nov. 1' ,r[ - " Si 71 •Canadian 5%5, Nov. f- *- 4 -" "J% £B% •Canadian ss, Dec. 1, tP oil/ Canadian ss, Apr. 1, ’2u jJ,,’* •Canadian 5%5, Dec. J" 27 "' 454 Canadian 5%5, Aug. l'.“ qojv snt Canadian ss, Apr. 1, *2> c'.it •Canadian ss. Cct. 1, j. SL K - •Canadian 5%5, Nov. •Canadian 5%5, Now. 1L- 34 fjJJ? Canadian ss, Mch 1, L 37 ’--• • £$ 'Canadian 5%5, Dec. 5 7 ,' •French (Viet.) ss, Onr* 31 " 55 Vi •French 4s. Opt.. '43T,;' ?V., V, •French (Prem.) ss, l) sue 20 •French 6s. Opt.. ’81..V -no French Bs. Sept 15. '4% ■: ’ - •Italian (Treas) ss. At ,r ' x > •* ™ •Italian (War) 55... 3 ” V 2 Jap (First) 4%5, Feb l 1 "' ~,? r Jap (Second) 4%*. Ju, •' 10, - .J* Norway Bs, Oct. 1. ’4Cj . - <3 * Paris 6s, Oct. 15, ’2l. U’.-o" " Russian 6%5. June lM r>1 lu ,5/? : Russian 5%5, Dec. 1, •’* “Russian 5%5, Feb. 11;.A° (and?!, : Sau Paulo 8s Jan 1. tIL U,-, : Swedish 6s, Juue 15. gVj* i Swiss 5%, Aug. 1. ’2sf *n7 idril I Swiss Bs. iuly 1. ’4O. L I ’‘ } ‘ U. K. 5%5, Nov. 1. ’i l l** U. K. 5%5, Nov. 1, -Srf S’* !u k }• I l . lY OVjd. r ©O. 1, Oj iJu K ■ Avar'l -o* n 1 5* r 017 ‘ 22 370 38,5 1 -I':-*: (War Loan) 5.’ K s ’’ 2B 3t * 373 Zurich Bs, Oct. 15, irU- q” t , Brazil Bs.’ 9*2 French 7%s Uruguay 8s .H”* Argentina 8s 99%V W •Internal loan*. *v ( OKFORATION BONDS. *% Bid Ask Alum. Cos, of Amer 7s Nov., '25 99 99% Auier. Cot. OH 6s Sept. 2. ’24.. 90 91 Amer. Tel. 0s Oct., 22.,..’ 99% 99% Amor. Tei 6s Feb., ’24. 98% 99 Amer. Thread 6s Dec., '2B 97% 98 Amer. Tob. 7s Nov., ’22.. 100% 101% Amer. Tob. 7s Nov, '23 101% 101% Anaconda 6s Jan., "29 90 91 Anaconda 7s Jan., ’29 94% 95 Angio-Amer. OH 7%s Apr., '25 101% 101% Armour 7s July 15, ’3O 100 100% All Kef. 6%s Mch.. '3l 102% 103 Bell Tel. of Can. 7s Apr , ’25.. 97 % 98% ' Beiii. steel I* July 15, '22 99% 100% Beth. Steel 7s July 15, '23.... 98% 98'* Can. Pac. 0* Mch. 2, 24 98‘s 99% ] Cent. Arg. Ry. 6s Fob., '27... 85 86 CRIP <• Feb.. '22 99 % 99% Con. Gas Bs.Dec , '2l 100 100% Copper Exp. 8s Feb. 15, '22..100% 101 ,cr Exp. 8* Feb. 15, '23. .101 101% Copper Exp. 8s Feb. 15, '24 101 101% Copper Exp. 8s Feb. 15, '25..102 102% Cudahy is July 15, '214 99% 100 Fed. Sugar 6s Nov., '24 90% 90% Goodrich 7s Apr., '25 95 % 96 Gulf Oil 6 July, 23 98 98% Gulf Oil 7* Feb., '33 99 % 99% Hocking Vui. 6s Mch , '24 ... 95 % 96% Humble OH 7s Mch. 15. 23... 97% 97 * Int. H. T. 7s Sept., '2l 79 81 •. c i- rut 68 Nov. 15. '23... 98% 98% Kenn. Cop. 7 Feb., '3O 95 % 96% Laclede Gas 7s Jan., '29 93% 94% Llg, A Movers 6 Dec.. "21. 100 100% Proctor A t- 7s Mch., '22 100% 100% Proctor A G. 7s Mch., '23. ...100% 101% Pub. Set. NJ. Mch , 22 95% 9"% 11. J. Reynolds tie Aug., '22. 100 100% Scars Ri ebui K7s Oct. 15. "21. 99% 100% Sears Roebuck 7s Oct. 15. 22. 98% 99 Sears Roebuck 7s Oct. 15, '23.. 97% 99 Sinclair 7%s Mav 15, 25 93 93% Rolvay A Cle 8s Oct., 27 99% 100V* Southern Rv 6s Men, '22 ... 98% 99 S. W. Bell Tel. 7s Apr , 25.. 981* 98% Stand. Oil Cal. 7s Jan., 31 104% 105 Stand OH NY 7s Jan,, '23 SI 102% 106 St. Paul U D 5%s Dec. 15, 23 .97 % 98% Swift 7s Oct. IV '25 100 109 V, Texas Cos., 7s Mch. 1. '23....100 100% T tah Sec. s Sept. 15. '22 93% 94 Walthaza Watch 6 Aug., '24 89 Western El. 7* Apr.. '25 100% ffol% Westlnghouse 7* May. '31.... 102%

Local Stock Exchange

STOCKS. —Oct. 1— Bid. Ask. | Ind Ry A Light com 60 : Ind. Ky. A Light pfd 75 Indpls. & 8. E. pfd ... Indpls. St. Ry 35 41 T. H. I. & L. pfd I T. H. I. & E. pfd if. H. 1. & F com 5 T. H. I. & E. pfd 10 U. T. of Ind. com 1 j U. T. of Ind. Ist pfd 7 lU. T of Ind 2d pfd 2 j Advauce-Ruraley coin ! Advan< e-Rumley pfu : Am. Central Life 200 1 Am Cresoting pfd 91% ... •Belt K. R. com 62% •Belt U. K pfU 41% 60 Century Bldg. Cos. pfd 91 Citizens Ga Cos 28 ... Dodge Mfg. Cos. pfd Home Brewing 52 ... ; Ind. Hotel com 50 ... Ind. Hotel pfd 98 | ind. Nat. Lite Ins. Cos 3% ... rind. Title 'lnanity Cos j j Ind Pipe Lines 76 .../ Indpls Abattoir pfd 40 60 |ln ipls. Gas I 40 Indpls. Tel. Cos. com 2 .... Indpls. Tel. Cos. pfd 90 Mcr. I’ub. Util, pfd 41 ... Nat. Motor Car Cos % ,5 Pub. Sav. Ins. Cos 4 .j,, Ranh Fertilizer pfd 40 Stand. OH of Indiana 71 /73 Sterling IFre Ins. Cos 6% j 7% Yau Camp Hdw. pfd 90 100 Van Camp I‘rods. Ist. pfd ;iuo Van Camp Prod. 2d pfd 100 land alia Coal Cos. com 5 Coal Cos. pfd 5 s Wabash Ry. com , ... Wabash Ry. pfd 20 / ...

BONDS. . Broad Ripple 5s 60 * ... Citizens St. Ry. 6s 65 j 69 Indian Creek Coal & Mine 100 Indpis. C. 5 South 5s 88 Imlpis. & Martinsville 65.... 50 Indpis. Northern Os 40 / 43 Indpis. & N. W. 5s 45 f 53 Indpis. &S.E. 5s j 45 Indpis. &S. E. 0s i. 76 Indpis. St. Ry. 4s 431 53 Indpis. T. & T. 5s 6sl Indpis. Gas Cos. 5s ..1 7"J 77 T. II I. A E. Os 4* U. T. of Ind. 3s jM 54 Citizens Gas Cos. 5s tS 73 Imlpis. Gas 3s 'ft Kokomo, M. A W. 5s K Ind. Hotel Cos. 2d 6s 88% ... Indpis. I.ight A Heat Os 78% 70 Inn pis. Hater 4%s 06% ... Indpis, Water 6s /89 91 Mch. H.& L. Os I $5 New Tel Ist 6g I 94 New Tel. L. D. 5s 93% ... 8011. Ind. Power As I ... 91% •Ex dividend / LIBERTY BONDS. Liberty First 3%s r. 88.18 88.50 Liberty First 4!is 1.. 94.80 91.10 Liberty Second -IVis 90.36 90.60 Liberty Third 4%s 1.93 84 94.14 Liberty Fourth 4%s /.. 90.66 91.00 Victory 3%s I. . 99 38 99 .38 Victory 4%s 1... 99.38 99.52 WHOLESALE FEED f PRICES. / Ton. Cwt. Acme bran /.,.$21.50 sl.lO Acme feed 1... 21.50 1.10 Acme midds 21,50 1.25 Acme dairy feed /.... 21.75 2.15 E-Z dairy feed ./ 31.75 1.65 Acme H. & M L 3100 1.60 C O. A B. chop 24 25 1.80 Acme stock feed / 24.25 1.80 Acme farm feed j 27.50 1.45 Cracked corn 28.50 1.45 Acme chick feed 1 38.00 200 Acme scratch .1 35.00 1.80 E-Z scratch J 31.50 1.60 Acme dry mash I 41.00 2.15 Acme hog feed 1 39.00 2.00 Ground barley / 38.50 190 Ground oats 1....... 30.00 1.60 Homllck white I. 27.25 1 40 Rolled barley ' 38.50 1 #0 Alfalfa mol .' 32.00 1.65 Cottonseed meal... j 53.00 2.75 FLOCK AND MEAL. E-Z bake tinkers' flour in 98-lb. cotton bags / $ 8.80 Corn meal iu 100-lb, cotton bags.... 1.75 ® 1NEW YORK COFFEE. NEW YORK Oct,. I.—Coffee was steady in trade on the (exchange here today Opening options Were -ynebaaged to 3 points higher. Rib No 7 on spot sold at 7%67®,c p*r pbund.

GRAIN VALUES CLOSE LOWER Volume off Trade Very Light— Weather Reports Favorable. CHICAGO , Oct. I.—Grain quotations dropped aglaln today on the Chicago Board of Trade in a listless market. There was 111‘tie buying power, either by domestic cfonmrmers or export interests. ■Weather wps reported as favorable to all crops. / Decernbe)r wheat opened off %c at $1.20 and closed/ down 2%e. May wheat opened at $1.25, (town %c. and berore the close , had lost another l%e. Decembfer corn was off %c at 49%c j at the opening and closed down %c. May corn sbotved a loss of %c at the start at 54%c„ and lost another %c before; final traflle. December oats were %c down at 30%c in initial trade and declined another %c during the final hour of the market. May oat's showed a loss of %c at 40%c during the first hour of trade and lost another i similar amount before the end.

(By Thomson & McKinnon.) —Oct. 1— Wheat—lnasmuch aa we Invariably raise more wheat than Is required at home, it naturally follows that values nre a njatter of world conditions and market la jresponding to these conditions and not tp any factors of a local nature. It ha* been pointed out frequently that there was an excess of wheat available for the world purposes, at the moment. If not for the future. It was also pointed out that there were Indications of overbuying by foreigners. Values are being depressed’ by an excess of supplies and an inadequaty of demand. There is further evidence of a liberal movement of ottr own apring wo eat and of the Canadian crop commencing next week. Consignment notices in the Southwest have increased, there being the usual after-seeding movement from the producers. Further purchases of Canadian flour by United States distributors arcagain reported. Foreign cables offer no encouragement, in fact, many of them carry offers of re sale. The situation docs not warrant the idea of higher prices, but at same time the decline has, bee nso severe it is ouly natural to ex j peet slight recoveries from time to time I We do not believe reactions will be of

V^portance. Oats—There la no dlmunltion In theS. 1110^111 ® 111 oorn to market, neitherle^iiL®re aay improvement in the have been the princinafbuvers .° and hnT ® Bold December as a hedge th ® mark ®t gives an excellent avmK 1 * of Uself ' lar^>l J because 6 there id report* of totai y th. future, will show d ® ct '““ frtuu previous estimates holders Oats ire neglected. “tnf load of the Vsible supply keeviY^ lDe undertone of file market a little Provisions—-Deliveries of lard on Octo-. ber contracts were very heavy, but they seem to have passed into the hands of , larger packet! The liquidation of ecatterred October holdings has not depressed j prices. ThU market action alone may i steady price! temporarily, but the prom ised movemint of hogs la too large to permit idea* of higher prices. CHICAGO GRAIN TABLE. —Oct. 1— WHEAT— Open. High. Low. Close. Dec s 1.20 1.20% 1.17 117% 1.25% 1.25% 1.22 1.22% CORN—i,.c i .49% 49% .49 .49% Mav 54% .54% .54% .54!* OATS— Dec... .-j .36% .46% -30% .36 May,. 4 .49% .40% .40.40% lAR L* ‘ Oct... i. 959 9.95 9.50 992 Jan.. .J. 9J 910 902 0.10 R, .Sd! 6.75 •Janl ‘- S2 RYD-J Dec. i.. 1.00 1.00 .96 .96 Oct. 1.. 1.03% 104 1.01 1.01 •Nofinal. I CHICAGO CASH GRUN. CHfIAGO. Oct. I.—Wheat Cash, No 3 red. $121%; No. 1 bard winter. $1.19%: No. 7 hard winter, sl.lß. Corn—No. 2 mixed, 47%®474e: No. 2 white. 4<%c; No. 2 yellow. 47%45c; No. 3 mixed, 46%c; No. 3 yellow. 47^0; No. 4 mixed. 40%0 Oats-No. 2 white, 35®35%c; No. 3 wite, 33®33%c: No. 4 white, 32%c. TOIJtDO GRAIN PRICES. TOLEDO. Oct. I.—Wheat-Cash. *127; Pei*>mbiT. $1.30; May. SI.IM. Corn Cash, K (j 540. Oats—Cash. 38®59c. Rye —'< ash. 04'| Berley—Cash. 83c. PRIMARY MARKETS. (By Thomson & .McKinnon) —Oct 1— —Receipts—■Wheat Corn Oat* St Joe 86.000 55.000 4,000 Chicago 107.000 1,014.13X1 179.000 Milwaukee .. 9.000 127.000 92% si Minneapolis .. 495.000 48 000 161.000 Duluth 220.000 33,000 1.000 t Louis 173.000 99.000 94.000 Toledo 7.00 11.000 4.000 Detroit 3.000 2,000 6,000 Kansas City.. 363.000 24.000 24,(MX) Omaha 206.000 1(M,000 44.000 Indianapolis.. 12,000 42.000 32.000

Totals 1.664.000 1,559.000 611.000; Year ago ..2,032,000 1,292,000 661.000 —Shipments— Wheat Corn Oats j St. Joe 38.000 28.000 Chicago 26.000 ’.4.000 47.000 Milwaukee ... S.oon 1.000 19.000, Minneapolis.. 113.00) 28,000 42.0001 Duluth ...... 372.000 ! St. Louis 104.009 29.000 41.1HH1 Toledo .7.000 5,000 2.000 Detroit 4.000 Kansas City.. 2893X10 18,000 29.01® Omaha 12,000 38.000 46,000 Indianapolis.. 4.000 13.000 20.000 Totals 973 000 172.000 230.000 Year ago .. 853.000 190.000 340,000 Wheat Corn Oats Boston 40,000 Baltimore 135.000 34,009 New Orleans 43.000 Totals 175,000 77,000 Year ago .. 519,000 ; INDIANAPOLIS CASH GRAIN. —Oct. 2 Bids for car lots of grain and Itnv at the call of the Indianapolis Board of Trade were: Wheat —Easier: No. 2 red. $1.26® 1 28. Corn—Easier; No. 2 white, 50@51%c; No. 3 white, 49@50c; No. - >e. , . 50%c; No. 3 yellow. 49@50c: No. 2 mixed, 49%@50%e; No. 3 mixed. 48'49c Oats—Easier: No. 2 white. 35%@36%e: No. 3 white, 34%@33%c; No. 4 white, 32 @33 %c. Hay—Slow: No. 1 timothy, $17,50® 18;' No. 2 timothy, $17®17 50: No. 1 light clover mixed. $16.30@17; No. 1 clover hay, $l6.SO@ 17.50. —lnspections—■ Wheat—No. 2 mixed, 1 car; sample, 3 cars; total, 4 cars. Corn—No. 1 white, 2 cars: No. 2 white. 1 car; sample white, 1 car; No. 1 yellow, 3 cars; No. 2 yellow, 5 cars; No. 5 yel low, 1 car; No. 1 mixed, l car; No. 3 mixed. 1 car; No. 4 mixed, 2 cars; total, 17 cara. Oats—No. 1 white, 1 oar; No. 3 white. 10 cars; No. 4 white, 1 car; sample white, 1 car: total. 13 cars. WAGON WHEAT PRICES. Indianapolis flour mills and “levators today are paying $1.20 for' No. I red winter wheat; SLIB for No. 2 red winter wheat and according to test fo** No. 3. Oats are quoted at 28c for No. 3 white or better. HAY MARKET. The following are the Indianapolis prices for bay by the wagon load, delivered : Hay—Loose timothy, $17@18; mixed hay, $16@17; baled hay, $17®)19. Oats—Bushel, new, per bushel 34@37c. Corn—Old. per bush®!, 55@60c. TOLEDO SEED PRICES. TOLEDO, Oct. 1. —Clovers eed—Cash nnd October, $13.00 asked; December, $13.17% asked ; February, $13.32% ; March, $13.25 asked. Alsike—Cash a nil October, $lO 73; December. $ll.OO bid; March, sll. Timothy—lo2J cash, $2.00; 1921 and October, $2.70; December. $2.85; January, $2.85 bid; February uud March. $2.95 bid. NEW YORK RAW SUGAR. NEW YORK, Oct. I.—Raw sugar values were steady lu trade on the market here today, Cubas selling at 4.23 c per pound, duty paid, and Porto IMcok at 4.125 c per pound, delivered. NEW YORK REFINED SUGAR. NEW YORK, Oct. I.—Refined sugar values were steady In trade on the market here today, fine granulated selling at 5.50 c per pound. No. 1 soft was quoted at the same figure.

> t outiluM-OVk-ffi 1 Pizßr t -m-rgency squad went ylS* and investigated. Dr. Christian was told Ellis had been notified that three in an automobile were selling whiswj to the soldiers. It was pay day at Ft. Harrison. Captain Ellis ordered a warrant officer and a corporal to arrest the women. The two started a search for the bootleggers and for a time failed to find them. Then the warrant officer left Corporal Dowling and went to stand guard mount. The corporal saw the three women In the automobile and knew that they answered the description of the bootleggers. He called to them to ‘'Halt." The car was on the road in the rear of the barracks. The driver of the automobile, later Identified as Mrs Denison, increased the speed of the car and Corporal Dowling fired. The bnllet that struck Mrs. Denison hit her in the back and ranged downward through the right hip and lodged under the skin of her leg. Maj. L. B. McAfee, post surgeon, and Captain Payne, officer of the day, conducted an investigation. After the police reached Ft. Harrison the Ferry woman and Dorscb woman were taken to police headquarters and are held on charges of vagrancy. Mrs. Denison's tody was ordered removed to the city morgue.

Tuesday the police raided the rooming house at 37 North East street, a place that has been notorious for many years, and arrested Mrs. Denison on the charge jof contributing to the neglect of her ; daughter, Helen, 15. and son, Robert. 6. i At the same time they arrested Edward i Oliver, 28, of Muneie, on the charge of j contributing to child neglect. These cases ; are pending in Juvenile court. While the j police were searching the rooming house ! Mrs. Denison slipped away, but was | found two hours latpr and arrested. | At the time of that raid the police found j a gallon of white mule whisky and a ' half pint bottle of white mule, thirteen | quarts of home brew and eight gallons lof home brew in *he making, and this 1 liquor was confiscated to J>e used as evidence in Juvenile court, but a charge of I operating a blind tiger was not placed against the Denison woman at that time ! because the police visited the place without a search warrant, and the courts \ave held that officers must have a search %\rrant for blind tiger charges will be disr'\j sse< *- The borsch woman in a statement following n% r arrest declared she did not know MiNs—Denison had liquor in the automobile. SWC said was invited by Mrs Denison to an automobile ride to Ft. Harrison as ’.Mrs Denison wished to deliver some wasl\j a K to a soldier named Sears. He was\ n °t at the barracks, she said, and thej* took another soldier to D crossing, in bljeir car and had returned to find Sears'- 'when the shooting occurred. She said *B® heard the corporal call ‘‘Halt,’’ and sU<i to Mrs. Dennison. "Didn't that M. P! - yeff' at us?" but Mrs. Denison answered "To hell with him.” and gave the car more gas. Then the shooting occurred. Lieutenant Woollen who had charge of the raid on the East street house said that he took the two children, Robert and Helen Denison, to the detention home after arresting their mother The children later were given into the care of Mrs. Denison's sister. Mrs. Mills. 540 East Ohio street, who promised to care for them until Nov. 1. when Mrs. Denison would be tried in Juvenile court. The Ferry woman, known to the police as Acres, formerly lived in the 700 block on South Eaststreet and moved to a house In the 300 block on Davidson street, the police scy.

INDIANAPOLIS TAX RATE LOWER THAN $2.42, CLAIM Reductions Will Be Made by State Tax Board—County Rate Stands. The Indianapolis (Center Township) tax rate on which taxes collected next year will be based, wilh lower than $2.42, the present rate. TblF was learned definitely today while the State tax board was considering the appeals of taxpayers from the school and city rates. The Marion County rate will remain at 27 cents, as it is now fixed. While no defiuite information was forthcoming as to the amount of the cuts to be expected in the city and school rates. It was stated that there would lie cuts. The board, it is understood, has not finally determined just how large these cuts will be. or exactly what part of each rate will be cut. Tn considering the city rate the board M ""~i the general fund rate and the park board rate and it is possible both of thoso will be cut. The city rate as it has been fixed is 91.2 cents on each SIOO of taxable property, as compared with $1,061 on each SIOO of taxable property as fixed last year and piyable this year. Cuts in various divisions that go to make up the school rate are exuecie 1 '1 he rate as now fixed is 93 cents as compared with a rate of SO cents fix ® last year. It is not believed probable the school rate will boas low as last year because of Increases' in teachers’ salaries and the growth of the schools. The state of affairs will result in the State rate and the school rat? Icing the only ones that have been Increased. The State rate was increased from 20 cents to 24 cents. The increase in rate this year will throw a heavier burden than ever on the small taxpayer and on the real estate owner. In the revaluation of personal property about $200,000,000 was cut from the duplicates. Nearly every cent of this 'cut is represented by reductions in the valuations of the personal property of utilities and various other corporations. No ehange was made in the valuation of real estate, and in very few instances were the valuations of the personal property of the small taxpayer cut. This means that the burden of the high rate will be felt by the small taxpayer, whose property is valued as "high as it was last year, while the large taxpayer, particularly corporations and utilities, will have some relief* from lower valuations.

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

Money to Loan-on Mortgages STATE LIFE‘INSURANCE C 9.

■ |;e iXDur^ IIpf :ATE to CUT UNLESS WORDS to Get Quicker Action H yni Treaties With Central WT Powers. DRYS FORCING DELAY Special to Indiana Dally Times and Philadelphia Public Ledger. 2, 'OBERT BARRY*. ■•. ASHINGTcjI,. Oct. I—The Administration lias gain£- , - point for its rogram In the benate.N.Vn folia vote on the pending p’eace tffeavjes vrifflg Germany, Austria and Hungary was no? possible. Senator Lodge obtained the next best thing through a drastic curta’lment of debate beginning Oct. 14. Through his efforts all three of the treaties ought to be ratified and in the hands of the President very soon after that date.

The Lodge agreement will not interfere with the vote on the Panama Canal tolls bill set: for Oct. 10. It will aid rather than hamper the progress of the tax bill. The agreement provides that whenever there Is a lull in the treaty de- '• bate the Fordney measure shall be brought forward at once. All Indications point to many such lapses. It is believed the tax bill will be advanced well along toward some conclusive action by the day the treaties are out of the way. Opponents of the treaty offered no objection to the unanimous consent agreement. They have no fears *of being denied ample opportunity to express their views. Senators Borah, La Follette and Reed for the treaty opposition and Senator Underwood, for the Demoeratic minority as a whole, were in accord with the spirit of Mr. Lodge’s program to have the treaties out if the way before the assembling of the international conference on the limitation of armament It was the übiquitous prohibitionists who tried to throw a monkey wrench into the Administration p.achinery.

Senator Sterling, Republican, of South Dakota, sponsor for the anti-beer bill, blocked the unanimous consent agree- . ment when it was presented earlier in the day. After he had made bis little show of authority and was told to let | others do the talking he subsided. He - insisted, finally, as in Justification for bis yielding that he was assured there was to be no adjournment of Congress Nov. 10, after adoption of the treaties ad passage of the tax bill. There was nothing. however, in any assurances given him that his beer biU would he permitted to stand in the way of legislation that is vital to the purposes of the Administration. Senator Sterling may be pleased with his understanding that there is to be no adjournment before his beer prohibition has a hearing, but no competent observer of Senate affairs would wager even bootleg whisky on its chances. Senator Reed gave notice he. as one opponent to the beer bill, would not be bound by an un_d.‘TtTr4j'ling which might actuate the Senator from South Dakota. As the Missourian spoke Senators Broussard, Moses and Stanley sat close by, their faces wreathed in smiles. They will have some “eonstruefive- remarks” l( j offer in due time. Senator Borah, sponsor of the Panama Canal toll bill, which would exempt American coastwise shipping passing through the canal, accepted no sueh vague assurances for his bill as did Senator Sterling. That measure *vill be brought to a vote on Oct. 10. It will pass, although President Harding is o£-_ posed to its passage at this time. He will have it held up in the Hoqse. The dismission of the tax bill wa* rather a dull affair. The time was consumed, for the most part, by Senators McCumber. Penrose, Simmons and Reed barking charges of partisanship at one another.—Copyright, 1921, by Public Ledger Company.

GRAND LODGE OF K. P- NEXT WEEK Annual Meeting Tuesday and Wednesday. The annual meeting of the grand lodge Knights of Pythias, domain of Indiana, will be held in this city Tuesday and Wednesday of next week in the Indiana Pythian building. On Monday the annual assembly of the uniform rank, Knights of Pythias, will lie held and on Thursday and Friday the Fythian Sisters*will bold their annual meeting. Reduced rates hare been obtained on the electric and steam-roads in the State. The election of the Grand Lodge will k) held Tuesday afternoon. The candidate* for the election are as follows, there being no competition except for the offices of grand keeper of records and seal, grand outer guard and grand trustee, the office of grand outer guard being the first step, according to custom, in the climb upward to the position of grand chancellor. For grand chancellor, Harvey M. Thompson of Indianapolis; grand vice chancellor. Ralpn W. Gaylor, Mishawaka; grand prelate, Elmer Bassett, Shelbyrifle, grand keeper of records and seal, Robert A. Brown (the present Incumbent), Franklin ; Jonce Monyhan, Orleans; Carl R. Mitchell, Martinsville, and Joe G. Field, Eiwood; grand master of execheq’uer, William A. Morris, Frankfort; grand master at arms, Dore B. Erwin, Decatur; grand Inner guard, Nathan J. Lane, Liberty; grand outer guard. Louis B. Elmore, Remington; W. H. Ryington, Evansville; Harry L. Unger, Plymouth: Dolph E. Farr, Edinburg, and Thomas J. Sare. Bloomington; supreme representatives, two to be elected. John W. Craig, Greenahurg. and Charles L. Pulliam, Terre Haute; grand trustee, one to be H. U. Grant. Fdlettgyllle,; John C. F. Graves. Pennvllle aud William W. Crooker. Jeffersonville. In speaking of the growth of th organization in the State during the year ended June 30, 1921. Mr. Browa. grand keeper of records and seal, said that on June 30 of last year the membership was 68.000. while on the corresponding date of this year it was 76.136. He added Hint “seventy-five thousand for Indiana” had been the slogan of Thomas L. Neal, of Crawfordsville. the present grand chancellor, but that this mark had been considerably exceeded. NEW YORK HIDES. NEW YORK, Oct. I.—Hide values were steadv on the market here today. Native steer hides sold at 13%c and branded j steer hides at 13c.