Indianapolis Times, Volume 34, Number 124, Indianapolis, Marion County, 4 October 1921 — Page 10

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CORNER TURNED IN PETROLEUM BUSINESS HERE Curtailment in Drilling Operations to Be Followed by Reduced Production. MARKET SALES LIGHT Special to Indiana Daily Times and Philadelphia Public Ledger. By MONITOR. NEW YOUK, Oct. 4.—Transactions in Mondays’ stock market were on a somewhat restricted scale, as a result probably of the observance of the Jewish holiday. The tone of the market was irregularly steady, with firmness particularly notable in the medium priced oil shares. The street is firmly convinced that the corner has been turned in the petroleum producing industry, as surplus stocks never were excessive, and the curtailment of drilling operations is certain to be reflected in reduced production inside of a few months. There was less activity in the coppers and the steels were without special feature. In the rail group Lehigh Talley was an outstanding feature of strength, although a late reaction on profit taking left quotations unchanged from Saturday. In the financial district there is a good deal of curiosity regarding the segregation plan that is expected to be announced in the near future. Among the industrials the weakest point was represented by the sugar shares. More pressure developed in the case of American Sugar Kefiniug, both common and preferred, in spite of the premium with which short sellers are confronted. The preferred stock broke 4% points on moderate transactions. Commission houses found the attention of their clients largely diverted to the cotton market, where an early advance carried prices up about ISO points above Saturday's closing and a break of 200 points following the publication of the Government condition report was succeeded by a recovery of about 100 points. WALL STREET GOSSIP. By MONITOR. NEW YORK, Oct. 4—The domestic oils were the speculative features of Monday's market, with particular reference to low-priced shares. Successive advances in the prices of crude has stimulated some public buying in this group, but recent activity has been the result largely of operations by speculative groups.

For two weeks the main >ody of stocks has milled around within narrow limits, and this action has resulted in many commission houses, which nave been active on the constructive side, suggesting the taking of profits. This is particularly true of the steels and equipments and of those railroad stocks that have scored the greatest advance. • * • One of the best known steel men in the country when asked whether he thought a definite turn for the better had occurred in that industry, replied frankly, “I do not know. We have scraped all orders together and have a sufficient quantity to give us thirty days' operation. What will happen after that. I do not know.” It developed that many of these orders were for replacement work and' repairs in steel mills, as well as for repair work on bad order ears. There are other steel men who declare positively the turn in the industry has occurred. • * * One of the most important financial groups in the Str'reet still maintains the market position it took more than two years ago. A member of this group pointed to the bank clearances of the country in substantiation of this position. For the first week in September these increased about S per cent over the first week in August. For the mouth they increased about 4 per cent over the previous month Normally this increase would be 12 per cent and 8 per cent respectively. Attention was called to the increase in commodity prices since July which would have the effect of increasing bank clearances. • * * The motor stocks have been distinctly heavy for some time past. The active season has passed for this group and for the balance of the year sales are expected to be small. Traders accordingly are inclined to sell these stocks on rallies, and the speculative groups responsible lor them market-wise are inclined to encourage short selling with the idea of having a substantial foundation upon which to work for an advance later. The sugar stocks again were under pressure, with Cuba cane preferred the leader in the -reactionary movement. The financing plan announced last week has not met with tho approval of any large lumber of holders of the debentures, it is said, with the result that a steady stream of long stock has flowed into the market. The preferred made anew low record for all time in Monday dealing:;. It is reported that buying of good character is in progress in Atlantic Gulf and West Indies on reactions. Specialists advices indicate an accumulation of buying orders toward 25 and from there as'low as 21. Interests familiar with the developments of the so-called Mount Case believe a settlement will be reached within the next two weeks. • * * This general situation in the motor stocks has led to the singling out of individual issues whose position is weak. Fierce-Arrow preferred was a notable example of the effect of this situation, declining to anew low record. The selling was of a character called good, and not even the declaration of the regular 2 Vt per cent quarterly dividend by the Hupp Motor Car Company relieved the pressure on this quarter of the market.

Among the arrivals of gold was a shipment of $2,300,000 from India together with a considerable number of smaller amounts from various Central and South America ports. Strike talk served to restrict activities In the railroad stocks. The announcement from Chicago that it would take until Oct. 10 to tabulate the vote of the shop crafts and that in any event the Btrike would be confined to only a few roads rather than to the railroads generally served to eonfuse an already complex situation. Commission houses frankly say they believe strike talk is verbal pyrotechnics.—Copyright, 1921, by Public Ledger Company. IVDIAXAPOLIS PRODCCE. Butter—Local dealers are paying 40(?J 41c per lb for butter delivered In Indianapolis. Eggs—Loss off. 37(<i3Sr. Butter—Packing stock, 18@19c. Poultry—Fowls. ls@ 24c; springers, 20<§j24c; rocks. 1 (Kb; 12c; young hen turkeys, 8 lbs. up. 35c; young tom turkeys, 12 lbs. up. 35c; old tom turkeys, 25®30c; cull thin turkeys not wanted; ducks. 4 lbs. and up. 15@10c; spring ducks, 3 lbs and up, 10c; geese, 10 lbs. and up. 9@llC; squabs, llibs. to the dozen, $4.50. Butterfat —Local dealers are paying 40c per pound for buttertat delivered in Indianapolis. WHOLESALE FEED PRICES. Ton. Cwt. Acme bran 821.50 sl.lO Acme feed 21.50 1.10 Acme midds 21.50 1.25 Acme dairy feed 21.75 2.15 E-Z dairy feed 31.75 L 65 Acme H. & M 3100 160 C. O. & B. chop 24.25 1.30 Acme stock feed 24.25 1.30 Acme farm feed 27.50 1.45 Cracked corn 28.50 L 45 Acme chick feed 38.00 2.00 Acme scratch 35.00 180 E-Z scratch 31.50 i.60 Acme dry mash 41.00 2.15 Acme hog feed 39 00 2.00 Ground barley 36.50 190 Ground oats 30 00 1.60 Homlick white 27 25 1,40 Rolled barley 36.50 1.90 Alfalfa mol 32.00 1.65 Cottonseed meal 53.00 2.75 FLOCR AND MEAL. E-Z bake bakers’ flour in 9S-lb. cotton biL*f $ 8.80 in 100-lh. cotton bags.... 1

N. Y. Stock Exchange

—Oet. 4 " Prev. High. Low. Close. Close. Allied Chem 46% 4(1*4 Ajax Rubber... 23% 23 23 24% Allis-Chalmers .34% 33% 33% 33% Am. Agrieui 35% 35% 35% 35 Am. Beet Sug.. 27% 26% 2(1% 27% Am. Bosch Mag. 37 38% 36% 37 Am. Car A- Fdv. 128% 128% 128% 129 Am. Cotton Oil. 1!)% 19% 19% 19% Am. Can 27% 27% 27% 27% Am. Drug 5% 5% 5% 5% Am. Ice 61 60 (10 * 60% Am. Int'i Corp. 34% 32% 32% 33% Am. Linseed 23 23 23 23 Am. Locomotive 90% 89% 80% 90% • Am. Bm. & Ref. 39% 38% 38% 39 Am. Sag. Ref.. 57% 54V-. 54% 57% Am. Sum. Tob. 41% 38% 39 41% Am. Stl. Fdy... 25 25 25 25 Am. Tel. A- Tel. 108 107% 107% 107% Am. Woolen .... 7(1% 75% 75% 75% Anaconda M. Cos. 41Vs 40% 40% 40% Atchison 87 86% 86% 56% Atl. G. &W. 1. 27% 27 27% 27% Baldwin Loco.. 88% 8(5% 86% 87% B. A 0 39% 38% 38% 38% Beth. Steel (B). 56% 55% 55% 55% California l’ete. 40 38% 38% 39% Canadian Pae...114% 113% 113% 113% Central Leather 28% 28% 28% 29 Chandler Motors 42% 42% 42% 43 C. & O 50% 56% 56% 56 C., M. A St. I\. 26% 25% 23% 25% C.. M. A St. P. p. 40% 39% 39% 40 Chi. A Nortlnv. 70 69 70 (19% C„ U. I. A Pac. 34% 33% 34% 34 C..R.1.A1’. 6 ' cp. 07% 67% 67% 68 Chili Copper.... 12% Jl% 11% 12% Chino Copper.. 26% 25% 25% 26 Coca Cola .... 35% 35% 35% 36 Columbia Gas.. 61% Co-% 60% 60% Columbia Graph 5 4% 4% 5 Con. Gas 89% 89% 89% .... Continental Can 45 45 45 * 45 Cosden Oil ... 28% 27% 27% 27% •Corn Products 77% 77% 76% 78% Crucible Steel.. 64% (13% 63% 64% Cuban A. Sugar 12% 11% 11 % 12% Cuban C. Sugar 6% 5% 6% 5% Del. A Laca... .108% 107% 10S 108% Endicott 63% 61% 64% 64% Erie 13% 13% 13% .... Erie Ist pfd ) 19% 19% Famous play.. 55% 55% 55% 55% Fisk Rub. C 0... 12 11% 11% 12% Gen. Asphalt... 55% 53% 53% 54% Gen. Cigars 59 58 % 59 .... Gen. Electric ..126% 125 126 125 Gen. Motors.... 10% lo lo 10% Goodrich 31% 31% 31% 32 (it. Nor. pfd 7.r% 71% 75 74% Haskel A Barker 60% 58% 38% Houston 0i1.... 60 57% 58 57% 111. Central 95% 95% 95% 97 Inspi. Copper.. 35% 35% 35% 35% Indiahoma .... 3% 33 3% Invin. Oil 12 11% 11% 12% inter. Harvest. 79% 79 79 % 79% Inter. Nickel. .. 11% 13% 13% 11% Inter. Paper 49% 48% 48% 49% Island ((.AT... 2% 2% 2% 2% K. C. Southern. 26% 25% 25% 25% K-S. Tire 43% 42 42 43% Kens. Copper... 21% 21 2) 21% Lark Steel 42 41% 41% 41% Lehigh Valley.. 59% 57% 57% 59 Lee Tire 26% 26% 26% 26% Loews. Inc 13% 13% 13 b. 13% L. A X no 110 110 ' 109% May Stores 85% 83% 85% 83% Marine c0m.... 10% 10% 10% ..... Marine pfd 47% 46 ’ 46 " 48% Maryland 0i1... 21 21 21 20% Monr. Ward. ... 19 18% 1,8% ]x% Mex. Petrol lir_'-% lnu% luo% j,,] Miami Copper... 22% 22 22 % 22% Middle St. Oil., 13% 13 13 15% Midvale Steel... 26 25% 25% 25% Missouri Pacific 20% 19% 20 19% Miss. Pac. pfd.. 42 * 41% 12 41 Nat. En. A Stm. 35% 38% 38% , - ',s Xev. Con. Cop.. 12% 11% 12% 12% X. Y. Central... 73 72% 72% 72% New Haven 13% 14% 14% 14% North. Pacific.. 77% 77 77 76% Ok. P. A Ks. Cos. 2% 2% 2% 2% Pacific Oil 38% 37% 37% 37% Pan-Am. Petrol. 47% 36% 47 46% Pena. Its 37% 50% 50% 37% People's Gas... 52% 51% 51% 51 % Pierce Arrow... 11 10% 10% 11 Peru Marquette 20% 19% 20 20 Pittsburgh Coal 00% 60% iu>% 60 Pressed St. Car 59 " 58% 55% 58 Pull. Pal. Car.. 94 92% 92% 94% Pure (id 27% 27 " 27 27 Reading 73 72 72% 72 Ren. Iron A Sti. 55% 52% 52% 781 Keplocle Steel.. 23% 23% 23% Roy. It. of X. V. 45% 41% 41% 46 Sears Roebuck. 70% 69% 69% 71 Sinclair 21% 20% 20% 21 Stoss-Sheffield . 37% 37% 57% 57 South. Pac 80% 79% 79% 79% South. I!v 20% 20% 20% 20■St.l.. A S*W Rv. 23% 23% 23% 23% Stand. Oil. X. j. 115% 112% 112% 143 St.L. A- S.K. com. 24’ j 25% 23% 25% Tenn. Copper... 8 8 8 Texas Cos 5s 37% 5.7% 37% Tex. A I’ac.... 23% 22% 22% 23% Tob. Products.. 65% 64 64 65% Transeont. Oil.. 9% s% *% 9% Union Oil 18% is 1.8% 18% Union I’ac 122% 121% 122% 121% t il. li t. Stores. 52% 51% 51% 52% I'. S. Pood Corp. 13% 12% 12% 13% 1". Fruit Cos. ..100% 109% 1 9% 109% I nlted Drug .. 7>9% 58% 79% 55% 1 . S. I. Alcohol 45% 41 4 ( 45% U. S. Rubber.. 49% 49 49 49% V. S. Smelting 34% 34 ill .... C. S. Steel ... 80 7.1% 79% 79% V. S. Steel pfd.im% 110% 110% 110% Utah Copper ... 52% 51% 51% 7.2% lan. Steel 5.2 31% 31% 31% Yir. Car. Chem. 29% 29% ■..".'% 5.0 Wab. Ist. pfd... 21% 20% 21 Vi 20% W. Maryland . 9% 9% 9% 9% West. I'nion .. 84 8 4 84 84 West. Elec 45% 45 45% 45 White Motors . 725 33% 33% 34 W. Overland ... 6 5% 6 6 Wilson A Cos. . 35 35 3*. .... Worth. Pump . 40% 40% 40% 41 White Oil 10% 9Vi lo 9% West, rac 23% 23 23% 23% NEW YORK LIBERTY BONDS. —Oct. 4 l’rev. High. Low. Close, close. Liberty 3%s ... KSSS 88.70 88.86 88.02 Liberty 2nd 45.. 91.06 90.76 90.86 90.62 Liberty Ist 4%s 91.50 90.66 91.02 90.90 Liberty 2nd 4%s 91.10 90.66 90.90 90.64 Liberty 3rd 4%s 94.36 94.00 94.30 94.00 Liberty 41 h 4Vis 91.50 91.00 91.30 90.96 victory 3%S .. 99.44 99.40 99.40 99.42 Victory 4%s .. 99.44 99.38 99.45 99.42 CHICAGO STOCKS. (By Thomson A McKinnon.) e-Oct. 4. Armour pfd 91% 91’% 91 91 Car. A Carbon.. 45 45 41% 41% Libby 7% 7% 7% 7% Mont.-Ward .... 18% 18% 18% 18% Nat Lea 6 6% 6'% 6% Sears-Roebuck . 70% i'. Stewart-Warner 25% Swift ACo 93% 93% 92% 92% Swift int 22% 22% 22% 22%

In the Cotton Market

NEW YORK, Oct. 4.—There was considerable irregularity in the cotton market early today and less strength was shown than had been expected in view °f the fact that the cables were firm. First prices were 2S points lower to 9 noints higher. To some extent, the poor tone was due to active selling by the South, Wail street and Japanese interest, following yesterday's Government crop report. Liverpool, spot and commission houses were fair buyers at the start. At the end of the first fifteen minutes quotations were a trifle higher than last uight s close. New York opening cotton prices: October, 20.85 c; November, 20.60 c; December, 21.00 c; January, 20.77 c; March, 20.40 c; May, 19.98 c; July, 19.55 c; Au gust, 19 25c. 'There was large liquidation during the last hour, prices dropping to levels $8 a bale below Monday’s high level. The close was barely steady at a net decline of 45(1163 points. —Cotton Futures. — Open. High. Low. Close Jan 20.77 20. SS 19.95 20.01 March 20.40 20.63 19.75 19.85 May 19.98 20.16 19.37 19.49 July 19.55 19.65 18.80 19.0.) Oct 20.87 21.10 20.30 20.35 Oec 20.95 21.24 20.30 20.33 LIVERPOOL, Oct. 4.—Businss in spot cotton was good at the opening of the cotton market today. Prices were steady and sales arouml 16,000 bales. American middlings, fair, 17.91 and; good middlings. lO.i’d; 1 i,ldlings. 15.56d ; low middlings. 13.96d; good ordinary middlings, 12.91d; ordinary middlings' 12.16d. Futures were quiet at the opening. STEEL DIVIDEND IS PASSED. NEW YORK, Oct. 4. —At a meeting of the board of directors of the Midvale Steel Company today the annual dividend on that stock was passed. In answer to a query of stockholders. W. E. Corey, chairman of the board of directors. replied that on account of high freight rates and the price of coal, it was impossible to say wiien dividends would be resumed. Corey also stated that the company is operating only 40 par cent e*mr*ty and at a loss.

STOCK MARKET CLOSES WEAJt' Leading Issues Lose 1 to 2 Points in Final Trade. NEW YORK, Oct. 4.—The stock market closed weak today. Tho market was unsettled in the late dealings, nearly all of tlie active issues falling from 1 to 2 points on somewhat heavy dealings. United States Steel dropped to 79% and Baldwin Locomotive yielded nearly 2 points to 86%. Total sales <>f stocks were 498,500 shares, bonds, $16,902,000. (By Thomson &. McKinnon) —Oct. 4 While there were many good points in the stock market today and many favorable conditions i t business that warrant a reasonable degree of optimism, neverth< less, it is quite apparent that we beve still some weak s.vots and apparently sufficient weakness to neutralize the good. At the moment, the market weakness is centered ia the sugar group, with American Bug tr establishing new lows and but a very limited market, even after a sharp decline for the preferred stock and considerable uncertainty with regard to tlie final outcome of the affairs of the Cuba Cane Company. This has a tendency to discourage some prospective buyers, but there is no element in this that will prove favorable. It is the common knowledge as the difficulties that have been experienced by the sugar interests, at and vj are near to tlie point where the final announcements will have to be made as to new financing. In other respects conditions are developing satisfactorily. Heretofore we have been dependent mainly on generalities in regard lo improved business, but the figures published by the Rock Island Railroad throws much light and shows in detail where actual improvement has occurred. For illustration during tlie month of September tlie shipment of oil cars increased from 3,672 to 6.637. lumber ears increased front 57 to • *l2. cement and similar products increased from 203 t" 1,760, while general merchandise increased front 1.517 to 28.030. This will tell it. tlie end. but temporarily the market acts sluggish and we tnay have some reaction before the upward movement is resumed. CLEARING 110 l SF. STATEMENT. NEW YORK. Oct. 4.—Exchanges. $703,-. 200,000: balances. $6,600,000; Federal Reserve Bank credit balances, $53,500,000. TWENTY' STOCKS AVERAGE. NEW YORK. Oet. 4.—Twentv inilus trial stocks Monday averaged 71.61, off .07 per cent. Twenty active rails averaged 74.38, off .20 per cent.

Money and Exchange

Indianapolis bank clearings Tuesday were $3,226,000. against $2,593,000 f"r Tuesday of last week. NEW YORK, Oct. 4.—The foreign ex change market opened steady today, with demand sterling %e higher at .>3 73%. francs ruse l % centimes to 7.09’ je for cables and 7.08%c fur checks, l.ires yielded l point to 3.97 c for cables and 3.96 c lor cheeks Belgian cables wi re “c; t hecks. 6 965. Marks were unchanged at so,-. Guilder cable* were 32.10 c; cheeks 32.08 c. Sweden kronen cable* were 22310 c; checks. 22.25 c. Norway kronen cables, 12.10 c: checks. 12.00 c; Denmark kronen t allies. 1s 26 ; checks. 18.15 c. NEW YORK (ALL MONEY. NEW YORK, Oct. 4—Money—Call money ruled 5 per cent: high. 5 p,r cent: low. 5 per cent. Time rates, steady Time mercantile paper all 3%®4 per .-cut. Sterling exchange v.as steady, with lmsi ness in bankers’ bills at $3 71 fur demand. MOTOR SECI RITIKS. (By Thomsen A McKinnon) —Oet. 4 ('losing - Bin Ask. Packard com 5% r>% Packard pfd 59 59% Peerless 39 40 National Motors 2 5 I'aige Motors 13% .... ACTIVE OIL STOCKS. (By Thomson A McKinnon) —Oct. 4 0 jeuilig lid. Ask. Anglo-Aincrl,nn Oil 15 ;5% Atlantic Refining 7 7•% Borne-Scrymscr 3.'5 gyq Buckeye l’ipe Line Si) s2 Ohesebroiigli Mfg. Con 145 155 Continental Oil, Colorado.... 108 113 Cosden Oil and Gas 5 6 Crescent Pipe Line ........ 26 27 Cumberland Pipe Line 120 125 Elk Basin Pete 6 e% Eureka I’ipe Line Vo 73 Galena-Signal Oil, pfd so 85 Galena Signal • >ii. com 34 36 Illinois Pipe Line 160 170 Indiana I’ipe Lino 78 81) Merritt oil 8% ,s% Midwest ‘MI 2% 2% Midwest Refining Ho 150 National Transit 26 29 New York Transit 14H 152 Northern Pipe iLne 83 87 Ohio Oil 255 260 Oklahoma P. A U 1 4% Penn.-Mex is 20 Prairie Oil anil Gas 515 530 Prairie Pipe Line 194 197 Sapulpa Refining .33% Solar Refining 350 370 Southern Pipe Line To 73 South Penn. Oil 185 195 Southwest Penn. Pipe Lines...s2 55 Standard Oil Cos. of Iml 73 7.3% Standard ‘MI Cos. of Kan.... 545 565 Standard Oil Cos. of Ky ,385 395 Standard Oil Cos. of Neb 145 150 Standard Oil Cos. of N. Y.... 33,8 34.3 Standard (Ml Cos. of 0hi0... 3*b 399 Swan A Finch .30 35 Vacuum Oil 270 280 Washington Oil 25 30

NEW YORK RAW SUGAR. NEW YORK, Oct. 4.—The demand for raw sugars was improved in trade hero on the market today. Cubas sold at 4.25 c per lb, duty paid, while* Porto Ricos were quoted at 4.ls‘Jc per lb, delivered. NEW YORK REFINED SUGAR. NEW YORK, Oct. 4. —The demand for refined sugar was also improved in trade on the exchanage here today. Prices held firm. Fine granulated and No. 1 soft were quoted at 5.50 c per lb. NEW YORK COFFEE. NEW YORK, Oct. 4.—Coffee values were easy in trade on the exchange here today. Rio No. 7 011 spot selling at per lb. Opening options were 4 to 6 points lower. NEW YORK RICE. NEW YOltlC. Oct. 4—With trade active, rice values were firm on the ex change here today, domestic selling at 3l4@T%c Per lb. NEW YORK METAL MARKET. NEW YORK, Oct. 4.—Copper— (Julet; soot to December, offered 12Vic. Lead — Steady; spot, October and November, offered 4.800. Spelter Steady; spot and October, offered 4.55 c; November and December, offered 4.05 c. NEW YORK WOOL. NEW YORK. Oet. 4.* Wool prices were steady In trade on the exchange here today. Domestic fleece, XX Ohio, sold a 23038 c per pound; domestic pulled, scoured basis at 18067 c and Texas domestic, scoured basis at 40^75c. NEW YORK HIDES. NEW YORK. Oet. 4.—Trade In hides were dull on the market here today, native steer hides being quoted at 1314 c and branded steer hides at 13c. NEW YORK PETROLEDM. NEW YORK, Oct, 4.—Petroleum prices were firm on the market here today, Pennsylvania crude selling at $2.50 a barrel. NEW YORK TERPENTINE. NEW YORK, Oct. 4.—Turpentine sold at 74c per gallon in trade on the market here today.

INDIAN AT) AILY TIMES, TUESDAY, OCTOBER 4,1921.

HEAVY SWINE ' 10 CENTS HIGHER Trade in Cattle Some Better— Choice Lambs Higher. RANGE OF HOG PRICES. Good Good Good Sept Mixed. Heavy. Light. 27. $7.75©: 8.00 $7.50© 8.00 sß.oo© 8.10 28. B.oo® 8.25 8.25 8.25 29. 8.00 8.15® 8.25 8.25 30. 8.00 8.15® 8.25 8.25 Nov. 1. 8.15© 8.25 8.25® 8.40 8.35® 8.40 3. 8.25® 5.50 8.35© 8.50 B.oo® 8.35 4. 8.35© 8.60 8.35© 5.03 B.oo© 8.35 Despite another large run of swine, prices were steady to 10 cents higher in trade on the local live stock exchaugs today. Light swine tinder 209 pounds were generally' steady at $8.30, while heavy grades were generally 10 cents higher, although there were a few sales at tlie prices of the market of the previous day. Heavies generally sold at $5.40©5.50, while there were a fair number of sales at the top of $8.65. Pigs sold at $7©S, with the bulk at S7.SO©S. Houghs brought s6©7, with the bulk at $6.509/6.75. The bulk of the sales for the day ranged at $#[email protected]. Higher price tendencies on other of the principal hog markets of the country and the cooler v.< ather that has prevailed for the past few days were also market factors. Trade in cattle showed more life than on the previous day, although prices were generally no more than steady. A better tone to trade on the Chicago market of the before and cooler weather had thetr inti lienee on the trend of the local marker. There were two loads of good heavy steers on the market, but at a late hour in the forenoon they had not been sold. Early in the market they were Idd on at $8.25, tut the bid was not accepted. Prices of practically all grades of calves were steady, with sno calves on tlie market ami the demand fair. There was a top of sl3 oil choice veals, while h: bulk of that grade sold at sl2© 12.50. With 500 sheep and lambs on the ninr ket, sheep prices were steady and lambs were steady on the common grades to 59 cents higher on tlie choice stuff. There were a good number of sales of choice lambs at SS.

HOGS. Best light hogs, 109 to 290 lbs. average # 8.25© 5.35 Over 300 lbs 8.00 200 lo 399 lbs 5.35© 8.65 Sows 0.2591 7.90 Stags 4.50 (a 6.50 Best pigs, under 140 1b5.... 7.00© S.OO Top 8.65' Bulk of sules 8.35© 8.50 CATTLE. Prime cornfed steers, 1,300 to 1,800 lbs 7.25® 8.25 Good to choice steers 1.290 to 1,399 lbs 6.30© 7.00 Good to choice steers, 1,009 to 1,299 ills 6.25® 6.50 Good to choice steers, 1,060 to 1,100 lbs 5.75® 8.25 Common to medium tteers .800 to 1.000 .bs 5.00© 3.50 —Heifers and Cows — Good to choice heifers 7.00© 8.25 Medium heifers 5.75© 0.50 Common to good heifers .... 5.00© 0.00 Good to choice cows 3.50© 5.00 Fair to medium cows 2.00® 3.00 Cutters 1.73® 2.75 Canners 75© 2.J3 —Bulls— Good to choice butcher bulls. 4 50© 5.00 Bologna bulls 3,50© 4.75 Light bologna bulls 3 00© 3.73 Light to cumm in bulis 3.00 ~ . —Calves—■ (•hol e veals 1t.504U2.59 Good veals 9 00®1(>00 Medium veals B,oo® 9.00 Lightweight veals 4.00© 5.00 Common iicuvHweight veals . 5.00© 3.99 —st okers and Feeders — Good to choice steer*, unde ' S/HI lbs 5.00© 6 09 Medium cows 2.00© 3 00 Good cows 3.00® 4 IS! Good heifers 3.50© 7.00 Medium ;<> good i. ifers 4.00® 6.00 SHEET AND LAMBS. Ewes 2.00© 3.50 Bucks 1 50© 2.50 ('•mice ewe* and wether lambs. 7.0,/© s.oti Seconds 5.50®, 8.50 Buck lambs 2.00® 330

Other Livestock

CHICAC.II, Oct. 4—Hogs Receipts. 22.ihhi; market, strong t>> 15 cents higher: bulk. $0.0o©8.4I: ; top, s■> 55 : heavyweight. $7.66®5.-Ill: medium weight, #.*.2oft/8 5(1; light weight. $7.85® 8..50; light lights, >7.65'./$.20: heavy packing sow*, siiumth, $6 (*>©7.25: peeking sows, rough. $6 25® 6(25; pigs. $7©7.75. I’attic —Receipts. 9.000: market, steady to 25 cent a higher; beef steers, choice anil prime. #8.85© 10.90; medium and good, so'(/o.t#s: light weight, s9® 11: good and chi* \ $4.75®9; common and medium. $i 9.25; butcher cattle, heifers. $3.50®6.7. . cow*. $3.tt5©6.33; bulls, s2.su*:t 50 ; canners and cutter*, cows and heifers, $3©3.50: -tinner steers, s7.s::©lt 50; veal calves, light and handyeight, $1 *•)'(/0.75; fcitler sic r-, $1.85© 6.75: Stocker steers, $3.75® 0.5 O; Stocker cows ami heifers. $3.25® 1.75. Sheep —Receipts, 27,1HH1: market, generally steady to strong: lambs, s| ||,s. down. $7.25® i.25: culls and common. #1.75//7.25; yearling wethers. ss® 7 : ewes, $3®.5; culls ami common. #1.50®2.75; breeding ewes, $3.25 ©6 25; feeder lambs, s6® 7.2.5. ( INCINNATI, Oct. -1— ITogs—Receipts, 4,500; market, steady to It) cents higher; heavies, mixed and mediums, $8.75; lights, $8.5(1; pigs an 1 roughs, $0.75©7 : Sla vs, #5.25® 5.30. Cattle—Re (oipts. 506; market, steady; calves. sl2: few, $12.56. Sheep and lambs—Receipts, 360: market, strong: ewes, $lO/3.50; bucks. $2®2.50: choice lambs, sS.st>; tsoc- ( nils, $6 50; fills, s3©4. CLEVELAND, Oct. 4. -Hogs—Receipts. 2,6)H); market, 10 to 15 cents higher; porkers. $S.5<); mixed, $875; medium*, $8.75; pigs, .**..50; roughs, #6.50; stags. si-50. Cattlt —Receipts. 600; market, steady. Sheep and lambs -Receipts, ' .66 ; market active; top, $8.50. Calves Receipts, 1.50; Market, steady; top, #14.50. EAST BUFFALO. Oet. 4 Hogs—Receipts, 9,500; market 10® toe higher: mixed anil butchers, $8.40®5.65: good lie,'lives, $8 35©*.60 ; roughs. $5.25® 6.50 ; lights, $8.5(1® 8.65; pigs. $8®:8.25; bulk of sales, $8.40©8.00. Cattle Receipts, 4.500; market active and steady; native beef steers..# V® - 75; yearling steers and heif crs. $8.25® 9; cows. $3.50®5.50; Stockers atnl feeders. $4©6.25; calves, #lo® 11.25: canners and cutters, #2®3. Sheep and lambs—-Receipts, 2.006; market 25e higher; mutton ewes, s4© 1.50; lambs, $8 © 8.5((.

EAST BUFFALO, N\ Y\, Oct. 4.—Hogs —Receipts, 1,600; market active; corkers. $8.90(0:9; pigs. sß.7sCriSott; heavies. $8.50(0,8.75 ; roughs. $6.•'■0f0:6.75 ; stags, $t (o:5. Cattle Receipts. 409: market slow; shipping steers, $7.75(1/9; butcher grades si -*rs. $7.25(0 8.25; heifers. ss(7i 7.25; cows, $1 ~>0(0..25; bulls, 83(1/5 25; milk cows and springers, sHl(oiJs. Calves Receipts. 125; market active; <9lll to choice. ss(o ]5. Sheep ami lambs - Receipts, 809; market active: choice iambs, .$H.5(1(q,9; •cull to fair. $0&8; yearlings, $5(20.50; sheep, $1.50(o 5. PITTSBURGH, Oet. 4.— Hogs—lie eeipts, 1.200: market 35c higher; prime heavies, $8.50(5/8.75; mediums, $9; heavy yorkers. $8; light yorkers, .$8(10(1/8.70; pigs, $8.25(0 8.00: roughs, so.so(iz 7.50: slags. $4((i4.50: heavy mixed. $8.55(595. Cattle—Receipts, 200; market steady: choice. $8C0,8.25 ; prime. [email protected]: good, $6.75^.7.25: tidy butchers, [email protected]; fair, $3.50(00.25: common, ss<us.so:'common to good fat cows, $2(5/5.25: common to good fat bulls; .$3(0550; heifers. $5Bl 650; fresh cows and springers, $35(0.85; veal calves, sl4; heavy aud thin calves, $5(o8. Sheep and lambs—Receipts. Sort; market steady: prime wethers. [email protected]; good mixed, $4.25(0.4.75; fair mixed! s3(b! 3.50; culls and commons, sl(q2; lambs, $9! CLEVELAND PRODDCE. CLEVELAND, Oct. 3.—Butter—Extra In tubs, oORjCoolc; prints. 51%®32c; extra firsts. 49Ms@50e; firsts, 4SHi®49c; seconds, 3913(0 loe; packing stock, 22%@24 ] ,(tC. Eggs—Fresh gathered, northern” ’'extra', 47c; extra firsts, 46c; Ohio firsts, new cases, 42c; old eases. 41c; Western firsts, new cases, 39c. Poultry—Live heavy) fowls, 25©2Gc: light fowls, 18(o20c; roosters, 15c; light springs, 20(o21c; live spring ducks, 20@25c. TOLEDO SEED PRICES. TOLEDO, Oet. 4.-—Cloverseed—Ca-’e and October. $13.05: December, $13.‘:0; January, $13.25: February, $13.35; Mar.h, $13,271/0 ask. Alsike Cash and October, $16.75: December and March, $511.19. Timothy—Cash. 1920, $2.65; cash, 1921 and October, $2.75: December, $2.90; January, $2.95; February, $2.97 Vi; March, ,$3.05.

New York Bonds

(By Thomson A McKinnon) * FOREIGN GOVERNMENT BONDS. —Oct. 4 Bid. Ask. Arg. (Unlisted) ss, Sept. 1, ’45 65 66% Belgian 6s, Jan. 1, ’25 9.3% 95% Belgian 7%5, June 1. ’45 190% 101 Belgian Bs. Feb. 1, ’4l 99% 100 Berne 81$, Nov. 1, '45 101% 102 Chile Bs. Fell. 1. '4l 98% 9>% Chinese (Hg.Uy.) ss, June,’ol 46% 47% Christiania Bs, Oct. 1, ’45 101 102 Copenhagen 5%5. July 1, ’44.. 80 80% Danish Mini Ss. Feb. 1, ’40....102 102% Denmark Bh. Oct. 15, ’ls 103 103% •Canadian 5%5, Dec. 1, ’22.... 89% 90% •Canadian 5%5, Nov. 1, ’23 88'4 89% •Canadian 5%5, Nov. 1. ’24 87% BS% •Canadian ss, Dec. 4, '25 85% 87 Canadian ss. Apr. 1, ’26 91 91% •Canadian 5%5, Dec. 1, '27.... 87 88 Canadian 5%5, Aug. 1, '29.... 91 91% Canadian ss, Apr. 1, ’3l 92'% 93 •Canadian ss. Oct. 1, ’3l 83 84% •Canadian 5%5, Nov. 1. '33.... 87% 89 •Canadian 5%5, Nov. 1. ’34.... 85% 83% Canadian ss. Mch. 1. ’37 89 90 •Canadian 5%5, Dec. 1. '37... 89 % 90% •French (Viet.) ss. Opt., '31.. 55 57 •French 4s, Opt., ’43 45 47 •French (Trem.) ss. Issue '2O. 65 67 •French 6s, Opt., ’til 65 67 French Bs, Sept. ID, ’45 99 99% •Italian (Treas) ss, Apr. 1. ’25 37 % 40 •Italian (War) 5s 29 31 Jap (First) 4%5. Feb. 15.”25... 84% 85% Jap (Second) 4'(>s,July 10,'25., 84 % 85% Jap 4s. .lau. 1. ’3l 69% 70% Norway Bs. Oet. 1. '4O 100% 107 Russian 6%5, June 18. ’l9 13% 16% Russian 5%5, Dee. 1, '2l 13% 16% •Russian 5%5. Feb. 14, ’26.. 3 6 Sao Paulo Bs, Jan. 1. ’3B 97% 97% Swedish tis, June 15, ’39 89 % 89% Swiss 5%5, Aug. 1, '29 89% 89% Swiss Bs, July 1. ’4O 106% 107 U. K. 5%5, Nov. 1. ’22 9*% 98% I'. K. 5%5, Aug. 1, '29 90 : • 90% *r. K. 5%5. Fell. 1. ’B7 89% 80% •I', lv. (Viet.) ss. Issue T 9. .277 288 *U. K. (War Loan) 55,0et.1,’22.374 UNO •It. K. (War Loan) ss.Feb. 1 .'29.360 371 Zurich Bs. Oet. 15, ’45 101% 102 •Ex-dividend. CORPORATION BONDS. Bid. Ask. Alumn. Cos. of Am. 7s Nov. ’25 99Vs 161% Am. Cotton Oil 6s. Sept. 2. ’24 lit) M A liter. Tel. its Oet. '22 99% 99% Amer. T 1 6s Fell. '2 4 9*% 95% Anter. Thread Os Dec. ’28.... 97% 97% Amer. Tob. 7s Nov. ’22.... 10:1 % 101% Amer Tob. 7s Nov. '23 101 IUI% Anaconda 6s Jan. ’29 90 90% Anaconda 7s. Jan. '29 91% 95% Anglo-Ain. Oil 7%5, Apr. '25101% l(tl% Armour 7s, Jnlv 15. ’3O 99% loo's Atlantic Ref. o%s Mch. ’31.. 102 10C*. Bell Tel of Can. 7s. Apr. ’25 Its 98% Beth. Steel 7s, .Tilly 15, ’22.. 99% ](hi% Beth. Steel 7s, July 15. ’23... 9* 92% ('ail. Pile. 6s, Melt. 2, '2l 9.8% 9*% Cent. Arg. Rv. 6s, Feb. ’27... 85 86 (’.. R. I. & P. 6s. l'eli. '22.. 9% 90% Con. Gas Ss, Dec. '2l l*o 100% Cupper Exp. Bs, Feb. 15, '22.. 100*5, 101 Copper Exp. Bs, Fell. 1.5. '23.. ltd 101% Copper Exp. Bs, Feb. 15, ’24.101% 101% Copper Exp. Bs, Feii. 15. ’25.102 102 % Cudahy 7s. July 15, '2:; 99% I<>o Fed. Sugar (is. Nov. '2t !*6% 96% Goodrich 7s, Apr. 25 91% 91% Gulf Oil 6s, July ’23 98 95% Gulf Oil 7<, Fell. '33 99 99% Hocking Val 6s. M di. '2l 9.5 , 9C,i . Humble oil 7, Mch. 15. '23.. 97', 97 , lilt. !!. T 7s, Sept. '2l 79 81 K. C. Term 6s, Nov. 15, 9>% ps% Ivi-nn. Copper 7s. Felt '.'!(>... 95 95% Laclede Gas 7,, dan. 29 93% 91% Lig. & Myers (is. 11 '2l lm I<> % Proctor A G. 7s, Melt. '22... 1(H)% lo* % Praetor ,V G. 7s. M''i '23... 11(0% 101% Pub. Ser. N. .1. 7s. Mill. ’2... 95% 95 It. J. Reynolds f,, Aug '22..1(H) li>% Sears ltm lin k 7s. <>et. 15, 21 too 10'% S 'trs Koebip-k 7'. Oct. 15. '22 99% 1"0% Sears Roebuck 7-. (let. 15, '2;; 97 % 99 Sinclair 7' .•* May 15, 25... 95 93% Solvay & t'ie -Ns. Oct. '27.. . 99% I<H)% Southern lty. 6s. Mch. '22... ps% 9*% S. W Bell Tel 7-5 Apr ’25.. :>s !<s% stand oil nai l 7s. j.m. :;1.104% 105 S. 0. (X Y 1 7s. Jan. 2.5 '31.1*>2 j 106 St. Paul U. D 5%5. I 15, 23 97% 98% Swift 7s. (let. 15, '2.5 99% 100% Texas Cos. 7s, Moll. 1. '2-3 1(0 li>% Flail Sei (is. Sept. 15 ’ 22.... 95 % 95% Waltham Watch 0-. Aug. '2l. 87 92 Western El. 7s, \pr ’25..., 100% 101% Wcsliughoutie 7s. May, '31... .102* j 105

Local Stock Exchange

• —Oct. 1— MOCKS. Bid. Ask Ind. Ry. A Light c0m...... 60 Ind. Ky. *x Light pfd 75 ... Indpls. A 8. K. pfd Indpls. St. Ry 35 41 T. H. I. A L. pfd T 11. 1 A E. pfd T. H. I. A- F. corn 5 T. 11. I.A E. pfd U. T. of Ind. com 1 U. T. of Did. Ist pfd 7 U. T. of Ind. 2d pfd 2 Advance- Rmnlcy com .... Advance-Itumley pfa ... Am. Central Life Am. Cresoting pfd " Belt R. R. com 62'. a •Belt R. R. pfd 41 Va 50 Century Bidg. Cos. pfd 9i Citizens lias Cos 22 Dodge Mfg. Cos. pfd 111*1111' Brewing ... Ind. Hotel com 50 ... Iml. Hotel pfd 93 Ind. Nat. Life Ins. Cos ... lad. Title '.inanity Cos Ind. Pipe Lines 77 lndpis. Amttoir pfd 50 Indpls. Gas 50 Indpls. Tel. Cos. c0m....... 2 ... Indpls. T. 4. Cos. pfd 90 ... Mer. Pub. I'til. pfd Nat. Motor Cnr Cos 7 Pub. Snv. Ins. Cos Ratih Fertilizer pfd Stand. Oil of Indiana 71 7315 Sterling Fire Ins. Cos suj Van Camp Hdw. pfd 90 100 Van Camp Prods. Ist. pfd 100 Van Camp Prod. 2d pfd 100 Vandalia Coal Cos. com ... Vandalia Coal Cos. pfd ... Wabash Ry. com ... Wabash Ry. pfd 20 ... BONDS. Broad Ripple 5s 50 ... Citizens HI. Ry. 5s ... Indian Creek Coal & Mine 100 lndpis. C. A South 5s 88 Indpls. A- Martinsville 5s 11l !| Is. Northern 5s 40 Indpls. A N. W. 5s 50 ... Indpls. A S. E. 5s 45 lndpis. A S E. 5s 70 Indpls. St. Ry. 4s 47 57 Indpls. T. A T. 5s 68 ... Ind Coke and Gas 6s 92 T. H. I. A E. 5s U. T. of Ind. 5s Citizens Gas Cos. 5s 72 7S Indpls. Gas 5s 71 Kokomo, M. & YV. 5s 77 ~. Tnd. Hotel Cos. 2d 6s 93',2 ... Indpls. Light A Heat 05.... 73u, 51) lndpis. Water 4 Vis 66'*j ... Indpls. Water 5s ,8s ,)* Mch. II.& L. 5s 85 ..." New Tel. Ist 6s 94 ... New Tel. I*. I>. 5s Sou. Ind. Power 5s 91 •Ex-dividend LIBERTY BONDS. Liberty first 3 1 s .88.36 Liberty first 4 ; t s 9072 Liberty second I'/s 90.12 Liberty third 4'is 93.78 Liberty fourth l'/is 90.71 Victory 3”;s t)9.26 Victory 4''Hs 99.26 Victory 4%s 99.20

Local Curb Market

(By Newton Todd! —Oct. 4 , , _ , Bid Ask American ITomluy com 17 Brazil Sterling 4% 37Vk 38^, Burdick Tire and Rubber... 1 2 Central aud Coast Oil IV4 4Vi Choate Oil i \!y, Columoian Fire ins, Cos 6 7$ Comet Auto 114 2% Dayton Rubber iuuU ../... 61 70 Duesenberg Motor com 10 ... Elgin Motor Car 3% 5 Federal Fin. Cos. pfd 72 82 Fed. Fin. Cos. com 125 135 Gt. Sou. Prod. X Ref. Units. 5% 0% Haynes Motor com 11s Hurst & Cos., pfd 42 62 Hurst & Cos., com 1 2 Indiana National auk 26*. 270 Indiana Ru.'al Credits 49 63 Indpls. Securities pfd 1% 2 : & Metro. 5-50 c Stores com 1114 15V& Metro. 5-50 c Stores pfd 30 35 Revere Motors Vi % Rub-Tex Units 17 20*^ State Savings & Trust C 0.... 89 93 Stevens-Duryea Units 55 64 U. S. Automotive Units BC 105 U. S. Mtg. Cos. Units 165 175

GRAIN VALUES SUFFER DECLINES

Slump in Export Demand Is Chief Market Factor. CHICAGO, Oet. 4.— Lack of demand caused grain prices to slump on the Chicago Board of Trade today. The export buying, which strengthened the market | on Monday, was not in evidence. Ship- ] ping houses sold heavily. Buying was only scattered. Weather conditions over the grain belt were reported as favorable. Receipts were heavy. Provisions were lower. I >ecember wheat opened up %c at $1.19, but closed off 3%e. May wheat opened up %c at $1.23% and at the close dropped 3%e. December corn was up %c at 49%c at the Opening ami closed down %c. May corn, after opening up %c at 55%e, closed off %c. December oats opened unchanged at 36%e and closed down %c. May oats, after opening up %e at 40%c at the close, lost %e. (By Thomson ik McKinnon) —Oct. 4 Wheat —The early strength in wheat was derived from lack of selling orders and not from any important demand. During tlie day, hedging sales front the West and Northwest and apparently from Canadian sources drifted into the market and were the determining factor in the final course of prices. Seaboard advices as to foreign demand have been more than usually gloomy', in addition to which it was reported that Germany had bought Argentine wheat for January and Febiuary shipments at less than United States cost, this item is significant for the reason that the financial conditions have been responsible for a very slow taking of Soutli American wheat. It is claimed that today’s sale was on a credit basis. From this it may lie assumed that the Argentine trade foresees a liberal surplus and is anxious to find an outlet. Cash markets in Kansas City and Minneapolis were firm and higher early, but it is understood that many cars in Kansas City were carried over unsold. It is difficult to discover anything which will permanently strengthen price*, except a strong revival of the foreign demand and of tnat there is no indication whatever. Corn and Oats—There lias been a matt rial improvement in tlie eastern distributing demand for Corn. Asa consequence, the ea it market lias ruled relatively stronger than deferred deliveries. The present movement of corn from the country is entirely in the way of making room for the now crop and is expected to be over in tlie next teu days or two weeks. Husking returns are becoming a little more numerous and are practically all of a disappointing nature. This market should receive firmness from better domestic demand, falling off of receipts and reduced estimates of yield. Oats will sympathize with corn. Provisions—Strength in provisions was gathered from an unexpectedly firm market for hogs. There were some hedging sales of .January lard and ribs, but nothing important. We see no evidence of sustained strength.

CHICAGO GRAIN TABLE. —Oct. 4 WHEAT— Opon. High. Low. Close. H.e 1.19 120% 1.15 1.15% Mav 1.23% 125 1.19% 1.20 CORN Dec 19% .50% .49% .49% Mav.... .5.7 % .56 .754% .51% OATS—--11,- 36% .37% 5'6 .36 Mav.... .40% .10% .40% .B% FORK - * Nov 17.00 LA Ito u 10.00 10(C) 9.90 9.97 Jan . . 9.20 9.50 9.10 9.10 RIBS—*•Oct 6 75 Jan 7.95 7.95 7.87 8.87 RYE Dec 96 -07% .95 .93 May 99% 1.01% -98% .98'% •Nominal. ( UK AGO C ASH GRAIN. CHICAGO, Oet. 4.—Wheat Cash No. 1 hard winter, $1.20N". 3 hard winter. #1.19% ; No. 3 mixed, $1.15© 1.18. Corn— Cash No. 2 mixed. 48%0 i9e: No. 2 w hite, 49©49%c: No. 2 yellow, 18%©' 19%e; No. 3 mixed, 45%((/. I>%. : No 3 yellow. 48%e. Date Cash No. 2 white. 3.5 a ©3tt%c: No. 3 white, 53©55c; No. 4 while, 32%©33c. TOLEDO GRAIN TRICES. TOLEDO, Oet. 4—Wheat—Cash. $125: 1). eember, $1.27%: May. $1.33. Corn - r.:;/<7 51 e. Oats 3 s % © 39%e. Rye—93c. Barley—62c. PRIMARY MARKETS. (By Thomson k McKinnon.) —Oct. 4. Receipts— Wheat. Corn. Oats Chicago 63.000 1.31.5,000 3.50.1HH) Milwaukee 50,000 1 ts.iHH) *O.OOO Minneapolis ... 570,000 89.000 264,000 Duluth 201.000 46.000 T.u.K) St l.ouls 86.000 91.000 100.000 Toledo 52,000 13.01H1 29,000 Detroit 13.000 18.000 18,000 Kansas City ..22.8.0(H) 20,000 17,00) Omaha ...... ''.'.ihhi 63,000 23,'H1) Indianapolis .. 20.000 84,(HM1 96,06(1 Totals 1 121.000 1.843.1Hi0 88.5.(H)0 Year I.O6UHH) 713,090 --Shipments--W leal. Corn. Oats. Chicago 30.000 470,(HH) TT.OO Milwaukee 1 AM) 3.110(1 39.0(H) Minneapolis 1 'iN.(HX) 21,000 o*,')^ Duluth :.:’,4.(HH) 99.000 Si. 1..0i1s 151.000 61,000 45,000 Toledo 4,000 MHIO 19..kH) Kansas City .. 398,000 9.000 41.000 Omaha ...' 90.1 HM) 59.000 IO.IHMi Indianapolis ... 1,000 3.000 34,000 Totals 1.507.000 731,000 303.090 Year ago .. .1 270,000 202,000 278,000 - Clearances.— Wheat. Corn. Oats. I’biladelph'a .. 2(.(h)0 31.000 Galveston .... 112.000 Totals 196.000 31,000 Year ago .. 1.038,000 INDIANAPOLIS CASH GRAIN. —Oct. 4 Bids for car lots of grain and hay at (he call of the Indianapolis Board of Trade were: Wheat—Firm; No. 2 red. st.2S©l.2’9. Corn Steady: No. 2 white. 50%©52e: No. 3 white. 59©'31c: No. 2 yellow, 51© 52c; No. 3 yellow. 50©51e; No. 2 mixed, 50®51c; No. 3 mixed, 49%©50%e. Oats—Firm: No. 3 white, 35©36%c; No. 4 white. 33©34c. Hay—Steady; NO. 1 timothy. sl7® 17.50; No. 2 timothy, $16.50® 17; No. 1 light clover mixed, $lO©lG.5O; No. 1 clover hay, $16©17. —lnspections Wheat—No. 3 red, 2 cars; No. 5 red, 1 ear; sample. 2 ears; total. 5 ears. Corn—No. 1 while, 10 ears: No. 2 white. 4 cars; NO. 6 white, 3 cars: No. 1 yellow, 9 ears; No. 2 yellow. 3 ears; No. 6 yellow, l ear; sample mixed, 1 car: No. 1 mixed. 2 ears; No. 5 mixed, 1 car; total, 38 ears. Oats —No. 3 while, 8 ears; sample white. 1 ear; NO. 2 mixed. 1 ear; total, 10 cars. Rye—Sample, t ear.

HAY MARKET. The following are the Indianapolis prices for hay by the wagon load, delivered : Hay —Loose timothy, SI7<3IS; mixed bay, $16((il7; baled hay, $17@19. Oats—Bushel, new, per bushel 34(g37c. Corn—Old, per bushel, 55@60c. WAGON WHEAT PRICES. Indianapolis flour mills aud elevators today are paying $1.17 for No. 1 red winter wheat; $1.14 for No. 2 red winter wheat and according to test to** No. 3. Oats are quoted at 30c for No. 3 white or better. CHICAGO PRODDCE. CHICAGO, Oct. 4.—Butter—Receipts, 11,500 tubs; creamery extras. 44V,e; firsts, 34(u 43c: packing stock, 23(024c. Eggs— Receipts, 9.000 cases; current receipts, 37 (</ 3,Sc; ordinary firsts. 35<V/30c: firsts, 39*(i@41c; cbeckp, 21@29c; dirties, 24(ic 28c.” Cheese —Twins, new, Young Americas, 20(i720V>c; Longhorns, 20(i;!20'.jc: Bri-k, 19L*<&20c. PoultryLive—Turkeys. 36c; chickens, 19c; springs. 22c: roosters, 14c; geese, 18c; ducks. 23c. Potatoes—Receipts, 126 cars; Mlnnesotas, Dak Has and Ohios, sl.Ss(g 2 per 150-lb. bag; Idaho Whites, $2.10.' WHOLESALE BEEF PRICES. The following are today's wholesale prices for beef cuts as sold on the Indianapolis markets: Ribs—No. 2. 25c; No. 3,20 c. Loins— No. 2. 19c; No. 3.17 c. Rounds—No. 2, 17c; No. 3,14 c. Chucks—No. 2,8 c; No/ 3, 7c. Plates—No. 2. 8c; No. 3.7 c. /

Weather

The following table show-s the state of the weather at 7 a. in., Oct. 4, as observed by U. S. Weather Bureaus: Station. Bar. Temp. Weath Indianapolis, Ind... 30.00 41 Clear Atlanta, (la 29.96 50 Clear Amarillo, Texas.... 30.10 54 Clear Bismarck, N. D.... 30.00 40 (Tear Boston, Mass 29.52 58 I’tCldy Chicago. 11l 30.06 40 Clear Cincinnati, 0hi0... 29.96 42 Clear Cleveland, 0hi0.... 29.76 48 Cloudy Denver, Colo 30.12 46 Clear Dodge City. Kas... 30.16 44 dear Helena .Mont 30.04 4(5 Clear Jaeksonville, Fla... 29.84 70 I’tCldy Kansas City, M 0... 30.18 46 (Tear Louisville 30.04 44 Clear Little Rock, Ark... 30.10 50 Clear Los Angeles, Cal... 30.02 60 Cloudy Mobile, Ala 30.01 Cos Clear New Orleans, La 30.01 60 Clear New York. N. Y.... 29.(54 56 Clear Norfolk, Y’a 29.74 60 Cloudy Oklahoma City 30.10 54 (Tear ' Omaha. Neb 30.20 40 Clear Philadelphia, Pa... 29.68 56 dear Pittsburgh, Pa 29.80 42 Cloudy Portland, Ore 30.08 50 Cloudy Rapid City, S. D... 30.01 56 Clear Roseburg. Ore 30.06 41 Clear San Antonio, Texas 30.0$ 64 dear San Francisco, Cal. 30.00 56 Cloudy St. Louis, Mo 30.12 46 Clear St. Paul. Minn.,.. 30.66 34 Clear Tampa, Fla 29.84 80 Cloudy Washington, D. C.. 29.76 54 I’tCldy WEATHER CONDITIONS. The eastern storm is now passing out the St. Lawrence Valley, having caused rain in eastern sections sinee Monday morning. Tile field of high pressure following has moved eastward and now covers most of the central valleys, with falling temperatures from the Mississippi River States to the Atlantic coast, and frosts in the North Central States as far soutti as Southern Missouri and the central parts of Illinois and Indiana. Somewhat warmer weather has set in over the Northwest, however, wiiere a barometric depression has moved eastward from Alberta to Manitoba. * ,1. H. ARMINGTOX. Meteorologist, Weather Bureau.

OIL INDUSTRY NOW SHOWS OPTIMISM Small Producers Are at Work —Crude Oils Advanced. PITTSBURGH, Oct. 4—Revival of industrial activities and the resultant demand for lubricants caused an advance of 25 cents a barrel in the price of Pennsylvania crude oil today. The new price is $2.75 a barrel. Four other grades of Pennsylvania oils were advanced 23) cents a barrel each. Tho other new prices are. Corning. $1.65; Cabell. $1.61; Somerset heavy. $1.40, and Somerset light. $1.65. Ragland remained unchanged at 85 cents a barrel. Dispatches to oil leaders from Findlay. Ohio, stated that the Ohio Oil Company, a Standard Oil Company unit, advanc.-d its price on all grades of Wyoming crude oil 25 cents a barr l. The Mid West Refining Company followed with a similar increase, Denver reports stated Great optimism has been created in the oil industry atul small producers who were compelled to close down entirely, when Pennsylvania crude dropped from SO.IO in January t > $2.25 in June, are now in position to renew business. Marriage Licenses Byron Brentlinger. Evansville, Ind.. 26 Margaret Watson, 1"22 s. Sixth st . Terre Haute. Ind 21 Joseph Aylwaril, St. Louis, Mo 39 Nellie Dwyer, St. Louis. Mo 39 James Nelson, R. R. C 21 Virginia Allen. 306 E. New York si... 20 George Salieub-rger, Y" M (*. A 21 Meleta l’ereival. 1703% E. Michigan st. 29 I’aul Jones, 695 Lockerbie st 23 Thelma liowe, 605 Lockerbie st 17 Richard Hood, 115 N*. East st 21 Lula Sinclair, 931 Lexington av 25 Harry Moss, 115 W. Twenty-Second. 21 Jessie McClure, 124 W. Twenty-Eighth 19 John Garrett. 1135 S. Pershing av 29 Hazel i’lake, 1217 Rt-isner st 20

Births William and Sophia Sehroeder, 2640 Brill, boy. Alfr.-d and Doris Phillips, 1825 North Capitol, boy. Benjamin and Lulu I.owden, Sl3 Coffey, boy. Elmer and Cora Gooden, 1600 Bellefontaine, boy. John and Amy De Moss, 1316 College boy. David and Mary Fessler, Deaconess Hospital, girl. Lance aud Mildred Mantle, 1122 Southern. boy. Chester and Adwienne Lynch. 122 S. Neal. boy. Guide and Frances Corder, 2350 Highland. boy. Bertram and Anna Ruth. 1038 St Paul girl. Charles aud Myttie Cowden, 1715 Olive girl. Earle and Gladys Johnson. 1623 Montcalm. girl. Robert and Mildred Higgins. 10-17 W Thirty-Third, boy. John and Pearl Ilarvey, 804 N. Keystone. boy. Edward and Helen Wodtke, 1714 S. Meridan. girl. George and Marthi Tatterson, 759 E. McCarty, boy. Y'aue and Jessie Johnson, 1640 Fletcher girl. Griffith and Blanche Ogden, 2179 N. Parker, girl. John aud Hazel Graf, 1411 Lawton, boy. Leslie and Hazel Weddei, 1736 Draper girl. Ivan and Blanche Hedierweicb, 1122 E. Michigan, boy. James and Ethel Thompson, Methodist Hospital, boy. Otto and Ruth YVorley, 22 Campbell boy. L. D. and Marguerite YlcGrew, 712 N. East. girl. Max and Margaret Shipp. 41 N. Oxford. boy. James and Marie Wilson, 2116 Highland Place, boy. Ernest and Anna Fox, 221 W. Eighteenth. girl. Joseph aud Evelyn O’Mahouey, St. Vincent Hospital, girl. William and Florence Check, St. Vincent Hospital, girl. Janies aud Mabel farmer, St. Vincent Hospital, girl. George and Maurice Caster, St. Vincent Hospital, boy. Deaths Milton C. ('lark, SS, 1506 Shelby, arterio sclerosis. Wubitr It. Chandler, 54, Methodist Hospital, nephritis. Oliver Stonestrat. 36, 1410 Booker, chronic myocarditis. Louis Selig. 55, city hospital, pulrnonnrj- tuberculosis. Marguerite Shine, 4 months, 51' Bright diphtheria. Katherine Sweeney. 16, 1629 Lexington. pulmonary tuberculosis. Helen Day Downey. 30, 2210 N. Rural, acute dilatation of heart. Addle Temple Hays, 55, Methodist Hospital. peritonitis. Katherine Lee Hawks, 5, 2145 S. Meridian. diphtheria. William C. Beatty, 37, Central Indiana Hospital, paresis. Lliio V* illianis, 28, 1329 Harlan, pulmonary tuberculosis. . Louise Johnson, 31, 1603 Shelby, carcinoma. Mary Jane Carr, S3, 923 N. Temple, acute bronchitis. .Mabel Ruth O’Donnelll, 2, 1617 Holliday. diphtheria. William F. Haveustiek. 49, Methodist Hospital, uremia. Malinda Koketniller, 80, 1130 S. Senate, chronic myocarditis. Dorothy Jean Hissong, 2, 718 N. Yliley, broncho pneumonia.

Money to loan on Mortgages STATE LIFE INSURANCE CO.

School Dismissed Because of Weather Cold weather and delays in getting equipment for the new power-house u:_ Arsenal Technical High Schiol conspired* today to give students a. unexpected half-holiday. Milo 11. Stuart, principal, ordered school dismissed at 11 o'clock in the morning. C. W. Eurton, superintendent of buildings and grounds for t'ie board of school commissioners, said it was impossible to heat the new second unit building because its steam lines were connected with the new power-house. The lines are being temporarily cut into mains from the old power pdant, which is in operation, and the building will be ready for occupancy tomorrow, according to Mr. Eurton. Governor Names Two on Fairbanks* Board Governor Warren T. McCray today appointed Frank I). Staluakd* and Will A. Brown to be gubernatorial members of the Fairbanks memorial hoard, which is to administer a trust fund of $50,000 left by the late Charles "Warren Fairbanks for the city of Indianapolis. Other members have been appointed by the Circuit Court and the mayor. The fund is to be held iu trust for 500 years, interest therefrom to be expended from time to time in the erection of buildings for the benefit of the needy or the advancement of art.

Grain Dealers Hold Debate on Marketing CHICAGO, Oet. 4.—The question of farmers’ cooperative grain marketing societies caused a big fight among delegates to the Grain Dealers’ National Association h-re today. The session was marked by spirited ■: bates among delegates on whether org 1 "i to exclude from the organization nil ® dealers who accept at their elevators grain of cooperative societies. A movement was launched to amend the bylaws so that any member who ae(•"Pfod cooperative grain would automatically be expelled from the association. Gipsy Smith to Be Met at Choir Gip-y Smith. English evangelist, will arrive in Indianapolis Saturday to preach tin- dedicatory sermon of the"new Cadle tabernacle on next Sunday. The evangelist will preach Sunday afternoon and also at night. lie will be met at the station by the Gipsy Smith choir and will be escorted to his hotel. Mayor Charles )\ . Jewett will preside at the dedicatory service Sunday afternoon. Dr. W. E. I.iederwolf, evangeiis tof Chicago, will begin a three weeks’ revival campaign on next Monday evening. May Built 1 Theater on Illinois Street Articles of incorporation of the Stege-ini-r Realty Company was filed today with the Secretary of State at the State house. Tlie incorporators include Henry, Richard W , Minnie and Mary Stegem>r. It is incorporated for $240,006, with $160,000 preferred and SSO,OOO common stock. It is understood the object of the u?\v corporation is to build anew theater on the old Stegemier case site on North Illinois street across the street from the Claypool Hotel. Work will start soon on razing the present structure. Begins Second Trial ( of Osborn Woman In accordance with Prosecutor William I’. Evans’ plan to bring to speedy trial all people tinder indictment, the State today began the second trial of Mrs. Rerna B. Osburn, charged with arson. Mrs. Osburn was tried about two weeks ago in the Criminal Court, Lut the jury failed to agree, after being out more than nineteen hours. Efforts to obtain a jury was resumed this afternoon. A special venire of fifty talesmen reported this morning for possible jury service.

Grand Jury Called Into Session Oct. 11 A formal call for a short session of (he Federal grand jury beginning Oct. 11. was issued by Judge Albert B. Anderson today. The grand jury will take up cases ot about twenty-five Federal prisoners now confined in jail and who have not been indicted. These cases will be disposed of before the trial of defendants already indicted and out on bond begins Nov. 1. Collins Sets Aside Barb Bond forfeiture Judge James A. Collins today act aside the forfeiture of a SI,OOO bond in the case of John Barb, who appealed ficm the city court where be was found guilty of operating a blind tiger. Judge Collins on June 2, last, set aside Barb's 1 end with Sam Koby as surety when Barb failed to report for trial. Today Barb appeared and the court ordered Barb to give anew bond for SI,OOO. | Anderson’s Ruling Reversed Saves CHICAGO. Oct. 4.—A decision which will mean a saving of approximately $2,000,000 to Henry Ford was handed down today by Judges Baker, Evans & Page in the United States Circuit Court of Appeals. The decision reversed a ruling of Judge A. B. Anderson at Iddianapoßs awarding damages of almost $2.000,C00 to the K. W. Ignition Company for alleged Infringement of patent. SOCIALIST NOMINEE SPEAKS. William 11. Henry, Socialist nominee for mayor, spoke at noon today to the employes of Kingan & Cos. He will address workers of the Kahn Tailoring Company Wednesday noon and appear at Missouri and McCarty streets and Nordyke and Morris streets Wednesday evening. Scott Nearing, New Y'ork Socialist lecturer, will speak at the Amalgamated Clothing Workers' hall in West Washington street Thursday evening. SDKS INTKRDKBAN LINE. Damages of $5,000 today were asked by Mary Jackson from the Indianapolis Street Railway Company and the Terre Haute. Indianapolis & Eastern Traction Company, northwest division. It is alleged tile plaintiff, who was riding in an ambulance going to the city hospital on June 30. 1919. was injured when a traction car struck the ambulance. 3 BUY AND SELL Federal Finance (omnion and Preferred. Great Southern I'rodurlßf and Refining, Central * Coast Oil, Duesenberg Motors. Majestic Tire. Fletcher American National Bank, Fletcher Savings and Trust, Siate Savings and Trust Stocks, Liberty Bonds. NEWTON TODD 415 I,emcke Bldg.