Indianapolis Times, Volume 34, Number 132, Indianapolis, Marion County, 13 October 1921 — Page 10

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UNDERTONE OF MARKET IS ONE OF FIRMNESS Gradual Hardening of Prices Held Sign of Returning Optimism. OIL RESERVE NOT LARGE Special to Indiana Dally Times and Philadelphia Public Ledger. By MONITOR. NEW YORK, Oct. 13. —Although price movements on the Stock Exchange are confined within a narrow range with the exception of a few specialties that cither are under pressure or which are made the subject of bullish activity by pools, the undertone is one of unmistakable firmness. There is an utter absence of the depression and uneasiness that existed about this time last year and which finally expressed itself in a drastic period of liquidation and decline. At present this appears to be no expectation of any pronounced bullish activity, but the gradual hardening of prices in various groups may be considered a reflection of returning optimism. At present this is manifested most strikingly in the oils and in the coppers. In some respects the position of these two groups is similar, if not almost identical. The chief point of demarkation lies In the fact that reserve stocks of petroleum are not large, while the surplus of copper Is still burdensome. Just as in the case of oil when the decline checked drilling operations, so the poor markei in copper metal has restricted production and demand is gradually eating into stocks on hand. DOMESTIC OILS IN ASCENDENCY. The domestic oils at the moment arc In a relatively stronger position than any other members of the petroleum group. Production in Mexico, as well as import? from that country, have fallen off materially, and the bidding up of crude prices may be interpreted as an effort to stimulate oil production In this country. Those companies that have a large proven acreage, such as California Petroleum, Pacific Oil, Union Oil and Texas Company. 3r< believed to be facing a period of sustained prosperity. It Is probable that the South American copper companies with their low labor charges and smaller production costs will be the first to respond to a turr in the copper situation. One striking incident of the week bar been the sharp rise in foreign exchanges The movement, in the belief of international bankers here, has been largely speculative. According to rumors, German banking interests were thoroughly imbued with the idea that the decline Ir the mark would have a serious adverse effect on other exchanges, particularly sterling and francs. When the mark wa; making its new low level around .76, i' is said that German speculators in for eign exchange went heavily short of British and French currencies. Their covering in the last few days is said to hav< been responsible for the rise. AGRICULTURAL "BLOC" DISTURBING FEATURE. One of the most disturbing features of the present situation is represented l>y j the attitude of the so-called agricultural “bloc" in the Senate, which has declared Itself unalterably in favor of a surtax maximum of 50 per cent, as well as a maximum inheritance levy of 50 per cent in view of the fact that the President has taken the broad position that the tax in the higher brackets ought to be reduced in order to stimulate enterprise and relive the business of the country from an intolerable burden, the action of the Western Republicans cannot be regarded as otherwise than representative of a short sighted and mistaken policy. These high taxes do not constitute a personal burden. They do not interfere with the individual consumption of those on whom they are levied. They merely interfere with their industrial and business activities and to this extent react unfavorably upon the community. It will be interesting to note whether the legislative element responsible for this movement will maintain its stubborn attitude in the face of enlightened public sentiment.—Copyright, 1921, by Public Ledger Company.

30 Pounds Baggage Limit in Air Travel LONDON, Oet. 13.—Women air travelers to Paris are limited to thirty pounds of baggage. An inquiring reporter got the following list of her outfit from a woman passenger whose baggage was accepted without question: Evening dress, evening cape, soft hat, sports skirt, jumper, two blouses, satin slippers, change of underwear, kimono, pair of gloves, six handkerchiefs, diary, brush, comb, mirror, box of powder, and two jars of cold cream. Airplane Honeymoons Gain French Favor PARIS, Oct. 13.—Dirigibles made for two are likely to result in a wave of popularity for air honeymoons. Andrew Scheleher, an aeronaut, has Invented an airship with a capacity of 1,000 cubic meters, weighing 1,600 kilos, capable of taking two passengers and baggage'only at a speed of 50 miles an hour. Five hundred bridal couples have already made experimental ascents and the makers are overwhelmed with orders. Ex-Soldiers of U. S. Enlist to Fight Moors MADRID, Oct. 13.—More than 100 exsoldiers from the States have enlisted in the Spanish army to fight in the Moroccan campaign. Among those listed are: Frederick Schmidt, Raleigh, N. C.; Charles C. Hayes, Erie, Pa.; John T. Manton, Newark, N. J.; Glenn Miller, Huntington. W. Va.; John Collins, Rochester, N. Y., and L. K. Finn, Detroit, Mich.

Soloman, With 21 Wives, Puzzles LONDON, Oet. 13—Chief Solomon of the Zulus has requested the South African government to permit him to come (o London with his twenty-one wives to pay his respects to King George. The chief would be permitted to make the trip, but the officials are doubtful as to letting his wives accompany him, owing to the fact that they still follow the native style of dress—which is chiefly undress. CURBING CRIME HUNTERS. LAWRENCE, Mass., Oct. 13.—Enormous auto hire bills occasioned by the extensive raiding activities of the liquor squad of the Lawrence police department has given rise to an economic edict of Police Commissioner Peter Carr that hereafter the squad do its raiding afoot. Joy riding at the city’s expense has been charged by the police head, who believes that “footing it” will be fully as effective. Since Commissioner Carr's election to office one taxi concern alone has been paid nearly $7,000 in auto bills. DRINK HABIT YVINS. LONDON, Oet. 13.—Dram shop proprietors in all parts of Britain have been disappointed by the public’s failure to respond to the extended drink hours. It appears that the habit formed during the last five years cannot be easily ’•kanged.

Metric Goes Lower NEIV YORK, Oct. 13.—The German mark made anew low record on the foreign exchange market here today. That medium of exchange fell *4 of a point below the price of the previous day to .0073.

N. Y. Stock Exchange —Oct. 13— Prev. High. Low. Close, close. Allied Chemical 45% 45% 45% 45% Ajaz Rubber... 22 21% 22 22 Allis Chalmers. 33% 33% 33% 33% Am. Agricul.... 34 33% 33% Am. Beet Sugar 26% 26% 26% 26% Am. B. Mag. Cos. 35 35 35 34% Am. Car & Fdy.128% 127% 127% Am.II. & L.pfd. 30 30 50 .... Am. Can 26% 26% 26% 26% Am. Int. Corp. 32% 31% 32 32% Am. Linseed.... 24% 23 24% .... Am. Lcoco 90% 89% 90% 89% Am. S. A: Ref... 37% 37% 37% 38% Am. Sug. Ref... 55 53% 54% 54% Am.S.Tob. C 0... 37% 36% 37% 36% Am. S. Fdry.... 24 31% 24% 24% Am. Tel. & Te 1.108% 108 108% 107% Am. Tobae 125% 125% 125% 125% Am. Woolen... 74% 74% 7454 74% Atl. Coast Line. 86 86 86 86 Anaconda Min.. 40% 4040 40% Atchison 86% 86 86 86% Alt. Gif. &W. I. 26% 26% 26% 26% Baldwin Loco.. 87% 85% 87 86% B. & 0 37% 37% 37% 37% Beth. Steel (B). 54% 53% 54 54% Brook. Rap. Ar. 7% 7% 7% 7% Can. Pac. Ky... 112% 12% 112% 112% Central Leather. 28% 26% 26% C. Motors 40% 39% -i<>% 40 C. & 0 54% 54 1 ' 54% 54% C. M. k St. Paul 25% T-* 24% 25% CM&St P. pfd 39% 38% 38% 39% C. & North. ... 68 67 67% 68% C. R. I. A rao. 32% 32% 32% 32% C R I&P 6% pfd 67 67 67 07% CR IA I*7'4pfd 79% 79% 79% .... C. Copper .... 12% 12 12% 12% California Pete 43% 41% 42% 41% Chino Copper . 25% 25 25 25% Coca Cola .... 34% 33% 33% 34% Col. Graph ... 3% 3% 3% 3% Con. Gas. ..... 89% 89% 89% 89% Con. Can 47 Cosden Oil 32% 30% 32% 50% Corn Prod. ... 77% 77 77% 76% Crucible Steel.. 62% 60% 61% 63 Cub. Am. Sugar 11% 11% 11% 11% Cub. Cane Sug.‘ 6% 6% 6% 0% Dei. & Lack 106 105 105 106% Endicott 64 63% 63% 64 Erie 13 12% 12% 13 Erie Ist pfd.... 18% 18 18 18% Famous Players 58 57% 58 58% Fisk Rub. C 0... 10% 10% 10% 10% Gen. Asphalt... 54% 53 53% 03% Gen. Cigars 59 59 59 .... Gen. Electric ...125% 124% 125% 125 Gen. M0t0r5.,... 10 9% 9% 9% Goodrich 31% 31% 31% 31% Gt. Nor. pfd.... 73% 72% 72Vi 73% Gt. Nor. Ore 27% 27% 27% 27% Ilaskell-Barker. 58 58 58 57% Houston Oil 60% 64% 65% 65% 111. Central 97 97 97 Inspi. Copper... 35% 35% 35% 35% Didiahoma 3% 3% 3Ts 3% Invin. Oil 13% 11% 13% 11% Int. Harvester.. 76 76 76 76% Int i Nickel 1.374 13% 1,3% 14 Inter. Paper 47% 47% 47% 47% Ist Oil A Trans. 3% 3% .3% 3% K. C. South.... 25% 25% 23% 25% Kelly-Spring. .. 42% 41% 42 42%' Kennecott Cup.. 22% 21% 22% 25% Lack. Steel 40 39 39% 40 Lehigh Valley... 55% 54 54 % 55% Lee Tire 27% 27% 27% 28% Loews Ine 13% 13 13 13% Loft Candy .... 9% 9% 9% 9% Maryland 0i1.... 25 23% 25 23 Mont-Ward .... 19 18% 18% 18% Mex. l'ete 92% 99% 91% ,93 Miami Copper... 23% 23 2.3 22% Mid. S. Oil 13% 13% 13% 13% Midvale Steel. 23% 23% 23% 23% Missouri I’ac.. 19% 19% 19% 19% Missouri P. pfd. 42% 42 42 41 % Nat. E. & S 401. 40% 40% 40 Xev. Con. Cop. 11% 11% 11% 11% N. Y. Central. 73% 72% 7.3 7.3% New Ha'-en ... 14% 13% 14 14% Norfolk A W... 95 95 95 95% North. Pac 75% 74 74 75% Okla Prod Reti’g 2% 2% 2% 2% Pacific Oil 41 39% 41 40 Pan-Am. Pet... 41% 40% 40% 41% Penn. Ity 30% 36 .36 36% People's Gas.... 50% 50% 50% 51 Pierce-Arrow ... 11% 10 % 10% 11 Pierce Oil C 0.... 7% 7% 7% 7% Pitts. Coal 58 57 % 58 59 Fr’sd Stl. Car.. 56% 56% 56% 56% Pullman Car.... 93% 93 9.7 93 Pure Oil 28% 28% 28% 28% Reading 71 69"** 69% 71 Rep. Iron A Stl. 51 49 49 % 51% Iteplogle Steel.. 22% 22% 22% 23% R. Dut. of N. Y. 45% 44% 45% 47 Sears Roebuck. 68% 67% 68% 08 Sinclair 21% 21% 21781 21% Stewt A Warner 23 22 % 23 22% Soti. Pac 78% 77% 77% 78% Sou. Ry 20 19 19% 20 Stand. Oil, N.T. 151 150 150 150% STLASF. Com... 23% 22% 22% 23% Studebaker 71% 70% 71% 70% Tex. Coal A Oil 26% 25% 26% 25% Texas Cos/ 39% 37% 39% 39 Tex. A Pac 2274 21 22% Tobacco Prod.. 64% 67% 67% 61% Trans. Oil 8% 8% 8% 8% Union Oil 20% 19 20% 19% Union Pacific. ..121 119% 119% 121 Untd. Ret. Strs. 50% 49% 50% 50% I". S. F. P. Corp. 12% 12 12% 12% V. Fruit Cos. ..109 108% 109 169 United Drug .. 58% 58% 58% 59 U. S. In. A. .. 44% 44 44 44% U. S. Rubber . 48% 17% 48% 49 I'. S. Smelting 32 32 32 33 U. S. Steel 79% 78% 78% 79% U. S. Steel pfd..llo no 110 110% Utah Copper .. 53 5234 52% 53% Van. Steel .... 30% ,".<>% 30% 30% Vir. Car. Chem. 29% 29 29 .... Wabash 77% 7% 7% Wab. Ist pfd... 21 20% 20% 21% W. Maryland... 9% 9% 9% 9% West. Electric.. 44% 44 44% 45 White Motors.. 35 35 35 35 Willys Overland 5% 5% 5% 5% Wilson A Cc.. 34 33% 33% 34 White Oil 11% 10% 11% 10'% West Pacilc..'.. 21 20% 21

In the Cotton Market NEW YORK, Oct. 13—The cotton market was soiuewaat Irregular at the opening today, although generally 3@17 points higher. January showed a loss of 1 point. The cables were better than had been expected. Japanese and Wall street interests bought. There was heavy selling by the South and there were rather liberal offerings on the call by lending spot interests. At the end of the first fifteen minutes trading, the list was firm at a net advance of about 10 points. New York opening cotton prices; October, 19.50 c: December. 19.45 c; January, 19.10 c; March, 18.90 c; May, 18.55 c; July, 18.15 c. LIVERPOOL, Oct. 13. —Spot cotton was quiet at the opening of the market here today. Prices were easier and sales close to 7.<XK) bales. American middlings, fair. 15.94d; pood middlings, 14.14d; fully inidlings, 13.64d; middlings. 13.24d; low middlings, 12.09d; good ordinary, 10.94d; ordinary, 10.19(1. Futures were quiet during the opening trade. INDIANAPOLIS PRODUCE. Butter—Local dealers are paying 42© 43c per lb for butter delivered in Indianapolis. Eggs—Loss off. 49@41c. Butter—Packing stock. 18@J9e. PoultryFowla, 16® 22c; springers, 18©25e; clocks, slo@l2c; young hen turkeys, 8 Ids. up. 35c; young tom turkeys, ?2 lbs. up, 35e; old tom turkeys, 25®.'i0c; cull thin turkeys not wanted: ducks, 4 lbs. and up, 17(dll8c, spring ducks, 3 ibs and up, 17®18c: geese, 10 lbs. and up, 10@12c; rabbits, drawn, per dozen, $3; squabs, 11 lbs. to the dozen, $4.50; young guineas, 3-lb. size, per dozen, $7. Butterfat—Local dealers are paying 40c per pound for buttertat delivered in Indianapolis. CLEVELAND PRODUCE. CLEVELAND, Oct. 12—Butter—Extra in tubs, 51%@52c; prints, 52%©53c; extra firsts, 50%@51c • firsts, 49%®50c; seconds, 40%®41c; packing stocks, 23%® 25%c. Eggs—Fresh gathered northern extras, 50c; extra firsts, 49c; Ohio firsts, new cases, 45c; old cases, 44c; western firsts, new cases. 42c. Poultry—Live heavy fowls, 24®26c; light fowl’s, 18© 20c; roosters, is* - , springs, light, 20c; live spring ducks, 21(c25c. Potatoes —Jersey, $3.50 per sack of 150 pounds. Sweet potatoes, $4©4.25 per barrel; $1.75 per hamper. GERMAN LABOR UNITING. BERLIN, Oet. 13.—The present memI ersbip of German trade unions >,is 8,000,000. Before the war the onions had only 2,500,000 enrolled members.

RAILS SUSTAIN SLIGHT LOSSES Volume of Trade Is Small— Mart Tone Steady. NEW YORK, Oct. 13.—The stock market showed a steady tone at the beginning of business this morning, with trading on a small scale. United States Steel was % of a point higher at 79% and Baldwin Locomotive showed a gain of % of a point- at 86%. Royal Dutch opened 1% points lower at 45% and Mexican Petroleum was % of a point lower at 92%. Texas Company was in demand, moving up % of a point to 39%. The rails were fractionally lower. The market wa sweak throughout the forenoon, nearly all the active issues being in somewhat heavy supply. A feature was the selling of the Central Leather issues, the common breaking nearly 2 points to 26%, while the preferred fell 3 points to 57. The steel industrials were weak. Steel common fell nearly 1 point to 78%, while Crucible steel declined over 2 points to 60%. Baldwin dropped % of a point to 85%. The rails were heavy. TWENTY STOCKS AVERAGE. NEW YORK, Oct. 13.—Twenty industrial stocks Tuesday averaged 71.06, up .11 per cent. Twenty active rails averaged 73.10, off .37 per cent. Money and Exchange Indianapolis bank clearings Thursday were $3,350,000, against $2,825,000 tor Thursday of the week before. NEW YORK, Oct. 13.—Marks were at anew low record at the opening of the foreign exchange market today, when initial quotat.ons yielded to .0072. Demand Sterling yielded 2c to $3.71%. Francs were lower, witti cables at 7.19 c and checks at 7.19 c. Lire cat.les were 3.81 c: checks, $3.80c. Belgian cables were 7.16 c; checks. s7lsc. Guilder cables were 33 57c; checks, 33.55 c. Swedish kronen cables were 23.10 c; checks, 23.05 c. MOTOR SECURITIES. (By Thomson & McKinnon) —Oct. 13— —ClosingBid. Ask. Briscoe 8 10 Packard com 4% 5 Packard pfd 58% 59% Peerless 38 40 Continental Motors com .... 5 5% Continental Motors pfd 79 84 llupp com 11 12 Reo Motor Car 18 19 Elgin Motors 4% 4% National Motors 2 4 Paige Motors 13 ....

ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —Ozt. 13— —Opening— Bid. Ask. Anglo-American Oil 17% 17% Atlantic 8% 9% Borne-Scrymser 325 350 Buckeye Pipe Line 80 82 Chesehrough Mfg. Cons 145 150 Continental Oil, Colorado... 108 111 Cosden Oil and Gas 5% 6% Crescent Pipe Line 27 29 Cumberland Pipe Line 122 127 Elk Basin I’ete 6 6% Eureka Pipe Line 80 83 Galena-Signal OH. pfd 84 88 t.alena-Signal Oil com 48 51 Illinois Pipe Line 160 165 Indaina Pipe Line 80 83 Merritt Oil 8% 8% Midwest Oil 2% 3 Midwest Rfg 145 155 National Transit 27 2S New York Transit 148 152 Northern Pipe Line 88 92 Ohio Oil 287 270 Oklahoma P. A R 4% 4% Penn.-Mex 19 20 Prairie Oil and Gas 515 525 Prairie Pipe Line 19tt 200 Sapulpa Refg 3% 3% Solar Refining 350 370 Southern Pipe Line 79 83 South Penn. Oil 187 191 Southwest Penn. Pipe Lines. 53 57 Standard Oil Cos. of 1nd.... 74% 74% Standard Oil Cos. of Kan 550 575 Standard Oil Cos. of Ky...... 390 400 Standard Oil Cos. of Neb.... 145 155 Standard Oil Cos. of N. Y 337 340 Standard Oil Cos. of Ohio 380 300 Swan A Finch 30 35 Vacuum Oil 270 280 Washington Oil 30 35

NEW YORK CURB MARKET. (By Thomson &. McKinnon.) —Oct. 13— —Closing— Bid. Asked. Acme Tacking 1 IV* Curtis Aero, com 1)4 3 Curtis Aero, pfd 10 16 : First National Copper 85 100 I Goldfield Con 5 7 i Havana Tobacco 1 IV4 ! Havana Tobacco pfd 4 6 ; Texas Chief 8% 9 ; Jumbo Extension 2 4 I imperial Oil (Del) BV4 B’4 ! Inter. Petroleum 15% 15% ! Nipissing 5 V 4 ! Standard Motors 3*4 4)4 Salt Creek 12V* 12% Tonopah Extension 1% I*4 Tonopah Mining IV4 1% United P S new 1(4 15-16 U. S. Eight and Heat 1% 1% U. S. Light and Heat pfd. . I*4 I*4 Wrlght-Martln .‘. 2 5 Yukon Gold Mine Cos V 4 % Jerome 18 20 New Cornelia 13 13 United Verde 26 28 Sequoyah 5 10 Omar Oil 95 98 liep. Tire 17 25 Weather The following table shows the state of the weather at 7 a. m., Oct. 13, as observed by U. S. Weather Bureaus: Station. Bar. Temp. Weath Indianapolis, Ind... 30.49 39 Clear Atlanta, Ga 30.38 44 Clear Amarillo, Texas.... 30.14 48 Cloudy Bismarck, N. D.... 29.82 40 Clear Boston, Mass 30.18 42 Clear Chicago, 111 30.38 42 Clear Cincinnati, 0hi0.... 30.50 30 Cloutjy Cleveland, 0hi0.... 30.42 38 Clear Denver, Colo 29.94 48 Clear Dodge City, Kus... 30.18 44 Clear Helena, Mont 29.80 40 Cloudy Jacksonville, Fla... 30.18 66 I’tCldy Kansas Clfv, M 0... 30.32 44 Clear Louisville, Ky 30.52 38 Clear Little Rock, Ark... 30.42 44 Clear Los Angeles, Cal... 29.90 60 Cloudy Mobile, Ala 30.24 48 Clear New Orleans, La... 30.24 54 Clear New York. N .Y... 30.28 44 Cloudy Norfolk, Va 30.38 4*3 Clear Oklahoma City 30.30 52 Cloudy Omaha, Neb 30.22 44 Clear Philadelphia, Pa... 30.34 44 Clear Pittsburgh, Pa 30.40 36 Clear Portland, Ore 29.86 58 Cloudy Rapid City, S. D... 29.82 40 Clear Itoseburg, Ore 29.90 04 Clear San Antonio, Texas 30.26 54 Clear Sau Francisco, Cal. 29.96 60 Cloudy St. Louis, Mo 30.44 44 Clear St. Paul, Minn..., 30.12 42 Clear Tampa, Fla 30.08 70 Cloudy Washington, D. C.. 30.42 42 Clear WEATHER CONDITIONS. The cool wave is now passing eastward across the Atlantic Coast States, and heavy to killing frosts occurred last night from the I.ukes region southward over the Ohio Vailey and Tennessee, and light frosts as far south us northern Louisiana and central Mississippi. Warmer weather is following the cool wave, having now overspread the Missouri and upper and middle Mississippi valleys. Since W ednesday morning some rains have occurred In northeastern sections and in the extreme north Pacific district, bnt elsewhere generally fair weather has prevailed. ,T. H. ARLINGTON, Meteorologist, Weather Bureau. CHICAGO PRODUCE. CHICAGO. Oct. 13.—Butter—Receipts, 6,000 tubs; creamery extras. 45c; firsts, •14 Vio44c; packing stock, 24026 c. Eggs— Receipts, 6,000 cases; current receipts, 41042 c; ordinary firsts, 39040 c; firsts, 42*17;44c: checks, 23@25c; dirties, 25027 c. Cheese —Twins,, new, 19Vs02Oc; daisies, 210:21 >4c; young Americas, 20*4021c; longhorns, 19V4019%e; brick, 19%@5KHie. Live poultry—Turkeys, 30c: chickens. 19c; springs, 20c: roosters, 14c; geese, 20021 c; d'licks, 25020 c. Potatoes —Receipts, 6* cars: Minnesota and North Dakota Red RNats, $1.9001.95 per 150Gb. bag; Wlsconsfys, $2.0502.25; Idaho?, $202.25.

INDIANA DAILY TIMES, THURSDAY, OCTOBER 13, 19Z1.

New York Bonds (By Fletcher American Cos.) FOREIGN GOVERNMENT BONDS. —Oct. 1£ Bid Ask Arg. (Unlisted) 5s Sept. 1, 5 65% 66% Belgian 6s Jan. 1, ’25 95 95% Belgian 7%s June 1, ’45 100% 101 Belgian 8s Feb. 1, ’4l 100% 100% Berne 8s Nov. 1, ’45 101 101% Chile 8s Feb. 1, Chinese (Huk. Ky) 5s June’ol 47 48 Christiania 8s Oct. 1, ’45 100% 101% Copenhagen 5%s July 1, ’44.. 80 80% Danish Mun 8s Feb. 1, A0....102% 103 Denmark 8s Oct. 15, ’45 103 103% •Canadian 5%s Dec. 1, '22.... 89% 00% •Canadian 5% Nov. 1, '23..., 88% 89% •Canadian S'/Js Nov. 1, ’24.... 87% 88% •Canadian 5s Dec. 1, '25 85% 87 Canadian 3s Apr. 1, ’2O 93% 94% •Canadian 5%s Dec. 1, ’27.... 87% 88% Canadian 5%s Aug. 1, ’29.... 94% 95 Canadian 5s Apr. 1, '3l 93 93% •Canadian 5s Oct. 1, '3l 83% 84% •Canadian 5%s Nov. 1, ’33.... 87% 89 •Canadian 5%s Nov. 1, ’34.... 85 % 86% Canadian 5s Mch. 1, '37 89 90 •Canadian 5%s Dec. 1, ’37.... 89% 90% •French (Viet.) 5s Opt. ’31.... 57 58% •French 4s Opt., ’43 47 48% •French (Prein.) 5s Issue ’2O 67 68% •French 6s Opt., ’3l 60% 68% French 8s Sept. 15, ’45 99 % 99% •Italian (Xreas.) 5s Apr. 1, ’25 37% 39% •Itnlian (War) 5s 30 31% Jap (Ist) 4%s Feb. 15, ’25.... 84 % 85 Jap (2d) 4%s July 10, ’25.... 84% 85 Jap 4s Jan. 1, VI 69 69% Norway 8s Oct. 1, ’4O ..104% 100 Russian 6%s June 18, ’19.... 14 16 Russian 5%s Dec. 1, ’2l 13% 15% •Russian 5%s Feb. 14, ’20.... 3 6 Sao Paulo 8s Jan. 1, ’3O 96% 97% Swedish 6s June 15, ’39 88% 89% Swiss 5%s Aug. i, ’29 89 % 90% Swiss 8s July 1, ’4O 107 107% U. K. 5%s Nov. 1, ’22 99% 90% U. K. 5%s Aug. 1, ’25) 90% 90% U. K. 5%s Feb. 1, ’37 89% 89% *U. K. (Victory) 4s Issue ’l9 290 303 *U. K. (W Loan lss Oct. 1,’22 385 397 •U. K. (W. Loan) 5s Feb 1, ’29 375 387 Zurich Ss Oct. 15, ’45 101 102 Brazil Ss 99% 99% French 7%s 94 94% Uruguav 8s 98% 98% Argentine 7s 99% 99% CORPORATION BONDS. Bid. Ask. Alum. Cos. of Am 7s. Nov.. ’25. 99 99% Am. Cotton Oil 6s, Sept. 2, ’24 SK)% 90% Amer. Tel. 6s, Oct. ’22 99 % 99% Amer. Tel. 6s, Feb. ’24 98’-) 98% Amer. Thread 6s, Dec.. 528... 97 % 98 Amer. Tob. 7s, Nov., ’22 100% 101% Amer. Tob. 7s, Nov.. ’23 101% 101% Anaconda 6s, Jan., ’29 90% 91% Anacando 7s, Jan. ’29 95% 96% Anglo-Arj. Oil 7%5. Apr., ’25 101% 102% Armour 7s, July 15, ’3O 99% 100% Atlantic Kef. 6%5, Mch., ’31.. 102% 103% Bell Tel. of Can. 7s, Apr., ’25 98 98% Beth. Steel 7s, July 15, ’22...160% 100% Beth. Steel 7s, July 15, ’23... 98% 98% Can. I’actfic 6s, Mch. 2, ’24... rs% 9.8% Cent. Arg. Ry. 6s, Feb., ’27.. 85% 86% C„ It. I. & P. 6s, Feb., ’22... 99% 99% Con. Gas Bs, Dec., ’2l 100 100% Copper Exp. Bs, Fern. 15, ’22.100% 101 Copper Exp. Bs, Feb. 15, ’23.H©% 101% Coper Exp. Bs, Feb. 15, ’24. 101% 101% Copper Exp. Bs, Feb. 15. ’25. 102 102% Cudahy 7s. July 15, ’23 99% 100 , Fed. Sugar 6s, Nov. ’24 96% 96% Goodrich 7s, Apr., ’25 94% 95% Gulf Oil 6s, July, ’23 98% 98% Gulf Oil 7s, Feb., ’33 99% 09% Hocking Val. Os. Mch., ’24... 95% 96% Humble Oil 7s. Mch. 15, ’23.. 97% 98% Int It T. 7s, Sept., ’2l 76 79 K. C. Term 6s. Nov. 15, ’23.. 98% 98% Kenn. Copper 7s, Feb., ’30... 96% 96% Laclede Gas 7s, Jon., 29 93% 94% Llg. Sc Myers 6s, Dec., ’21... 100 100% Proctor k G. 7s, Mch., ’22...1X)% 100% Proctor k G. 7s. Mch., ’23...100% 101 Pub. Ser N. J. 7, Mch., ’22.. 96% 96% It. J. Reynolds Os, Aug., ’22.100% 100% Sears Roebuck 7s, Oct. 15, ’2l 99% 100% Sears Roebuck 7s, Oct. 15, '22 '.’B% 99% Sears Roebuck 7s, Oct. 15, '23 97% 98% Sinclair 7%5, May 15, '25.... 93% 93% Solvay * Ole Bs. Oct. ’27 99% 100% Southern Ky. 6s, Mch., '22... 98% 99 S. W. Bell Tel. 7s, Apr., *25.. 98% 98% Stnd. Oil (Cal.) 7s, Jan., '31.101% 105 S. Oil (N. Y.) 7s, J an., ’25-’31.102% 107 St. Paul U D 5%5, Dec. 15, '23 9i% 98% Swift 7s, Oct. 15. ’25 99% IW% Texas Cos. 7s. Mch. 1. '23 100% 100% Utah Sec. 6s, Sept. 15, ’22 92% 93% Waltham Watch Os, Aug., 24 Si 92 Western El. 7a. Apr.. ’25. 100% 101V* Westlnghouae is. May, 31...102Va

Local Stock Exchange —Oct 12— STOCKS. Bid. Ask. Ind. Ry. A Light com 60 Ind. Ry. Sc Light pfd 75 i lad pis. k 3. E. pfd 73 Indpls. & N. W. pfd 75 Indpls. St. Ry 37 41 T. H., I. sc L. pfd 50 T. H., I. & E. pfd 15 T. H., I. A E. com 5 U. T. of Ind. com 1 U. T. of Ind. Ist pfd 7 U. T. of Ind. 2d pfd 2 Advance-uiuley com ... Advance-ltumiey pfd Am. Central Life Am. Creosotlng pfd 91% ... •Belt. K. R. coin 54 64 •Belt It. It. pfd 42% ... Century Bldg. Cos. pfd 91 Citizens Gas Cos 22 ... Dodge Mfg. Cos. pfd 85 Home Brewing 52 lud. Hotel com 50 Ind. Hotel pfd 93 ... Ind. Nat. Life ins. O' 3% ... Ind. Title Guarautry Cos 50 Ind. Pipe Lints 80 82% Indpls. Abattoir pfd 40 50 Indpls. Gas 41 49 Indpls. Tel. Cos. com 2 ... Indpls. Tel. Cos, pfd.... 90 Mor. Pub. Util, pfd 41 51 Nat. Motor Car Cos 4 5 Pub. Sav. Ins. Cos 4% .. Rauh Fertilizer pfd... 40 ... Stand. OH of Indiana... 73 75 Sterling Fire Ins. Cos 73 75 Van Camp Hdw. pfd 91 101 Van Camp Prod. Ist pfd 101 Van Camp Prod. 2d pfd Vandalia Coal Cos. com ... 6 Vandalla Coal Cos. pfd ft 9 Wabash Ky. com Wabash Ry. pfd 21% 23 BONDS. Broad Ripple 5s 00 Citizens St. Ity. 5a Li 69 Indian Creek Coal A Mine 100 Ind. Coke A Gas 6s 90% Indpls. C. A South 5s 88 ... Indpls. A Martinsville 5s ... 80 Indpls. Northern 5i 39 41% Indpls. A N. W. 5n.... 50 57 Indpls. A 8. E. 5s 45 Indpls. St. Ry. 4s 48 58 Indpls. T. A T. 5s 68 74 Ind. Coke and Gas 6s 92 T. H.. I. A E. fa 46 r. T. of Ind. 6s 48% 52% Citizens Gas Cos. 6s 73% 80 Indpls. Gas 5s 72% 80 Kokomo, M. A W. 5s 77 ... Ind. Hotel Cos. 2d 65......... 93% ... Indpls. Light A Heat 5s 75 80 Indpls. Water 4%s 67 74 Indpls. Water 5s 88% 91 Mch. H. A L. 5s 89 90 New Tel. Ist 6s 94 ... New Tel. L. D. 5s 93% ... Sou. Ind. Power 5s ..4 96% •Ex-dividend. Local Curb Market (By Newton Todd.) —Oct. 11— Bid. Ask. American Hominy com 4 16 Brazil Sterling 4% 37% 38 Burdick Tire and Rubber.... 1 1% Central and Coast Oil 1% 4 Choate Oil Corp 1 1% Columbian Fire Ins. Cos 6 7% Comet Auto 1% 2% Dayton Rubber Units 61 70 Duesenberg Motor com 10 70 Elgin Mover Car 3% 5 Federal Fin. Cos. pfd 75 85 Fed. Fin. Cos. com 123 133 Gt. Sou. P. A R. Units 5% 6% Haynes Motor com 118 Hurst A Cos., pfd 42 62 Hurst A Cos., com 1 1% Indiana National Bunk 200 270 Indiana Rural Credits 49 02 Indpls. Securities pfd 1% 2% Metro. 5-50 c Stores com 28 33 Metro 5-50 e Stores pfd 45 53 Revere Motors % % Rauch A Long units 45 53 Rub-Tex Units 16 19 State Savings A Trust C 0.... 89 93 Stevens-Puryea Units 53 62 U. S. Automotive Units 100 110 U. S. Mtg. Cos. Units 163 173 WHOLESALE BEEF TRICES. The following are today’s wholesale prices for beef cuts as sold by the Indianapolis markets of Swift A Cos.: Ribs—No. 2,22 c; No. 3.19 c. Loins— No. 2,20 c; No. 3,16 c. Rounds—No. 2, 17c; No. 3,14 c. Chucks —No. 2,9 c; No. 2, Bc. Plates—No. 2. 9e: No. S, Bc.

DECLINE STRIKES SWINE MARKET Good Hogs Sell at $8.40 — Choice Lambs 25 Cents Higher. RANGE OF HOG PRICES. Good Good Good Oct. Mixed. Heavy. Light. 7. SS.SO® 8.60 $8.50® 8.65 $8.50@ 8.60 8. 8.85 8.85® 8.95 8.85 10. 8.90 8.90® 9.00 8.90 11. 8.65 8.65® 8.75 8.65 12. 8.65 8.66® 8.75 8.65 13. 8.40@ 8.50 8.40 8.40 Swine prices were 25 cents lower in trade on the local live stock exchange today, with receipts around 7,000 and 2,000 stale and markets of the country materially lower. Practically all of the good heavies, mixed, mediums and lights sold at $8.40, while there was a top of $8.50 on a few extra good medium swine. Digs sold at the price of the loads and down, while roughs brought ?6.50®7.25. Shippers again were the principal buyers, while local packers took a fair number of gwine. Trade in cattle was dull and draggy, despite the fact that receipts were rather light. Packers were again indisposed to buy many cattle, most of them having their coolers already full of dressed meats. Receipts for the day ran around 400 fresh cattle, and there was considerable stale stuff in the pens. Calves were generally steady, with COO on the market, but shippers with eastern city connections were not over-anx-ious to’ buy at the prevailing prices. The top of sl3 of the market of the previous day was maintained. With 400 sheep and lambs ont the market, sheep prices were again steady, while choice lambs were 25 cents higher. A few extra good ewes and wether lambs sold at $9. HOGS. Ecst light hogs, 160 to 290 lbs. average $ 8-40 Over 300 lbs 8.25.fi 8.40 £OO to 400 lbs 8.4051 8.50 Bows 6.00® 7.18) Stags 5.U9© 6.5 * Best pigs, under 140 lbs B.oo® SAO Top 850 Bulk of sales 8.40 CATTLE. Trime cornfed steer?, L3OO to I.SOO 7.00(3 SOO Good <o choice steers 1.200 to lbs 7.00@ 7.50 Goon to choice steers, 1,000 to 1,200 lbs 6.25(3 6.75 Good to choice steers, 1,000 to 1,100 lbs 5.25(3 0.20 Common to medium cteer* 800 to 1,000 lbs 4.73(3 5.25 —Helfars ana Cows— Good to choice heifers 7.0® 7.75 j Medium heifers 5.25 m 6.23 1 Common to medium heifers .. 4.00' 5.25 Good to choice cows 3.60@ 4.5 J. Fair to medium cows 2.00© 3.00 Cutters 1.75® 2.75 Canuers 75® 2.10 —Bull*— Good to choice butcher bulls. 4.50® ft. Bologna bulls 3.50(3 4.7 u Light bologna bulls 3-00© 3.(5 Light to common bulls S.OO ~ . —Calves— Choice veals 12.00(313.04* Good veals B.OUwIIO 00 Medium veals 7.0)© 8.50 Lightweight veals 4.5 © 6.00 Common heavyweight viam . 4.09(3 5.U0 —Stockers ana Feeaers— Good to choice steers, unde~ 800 lbs 5.00® 6.00 Medium cows 2.00fi 3 .00 Good cows 3 00(3 4.00 Good heifers 5.50@ 7 00 Medium to good heifers 4.00® 5.00 SIIEEP AND LAMBS. Ewes 2 00© 3.50 Bucks 2.00® 2.50 Choice ewes and wether lambs S.tVKu 90)0 Seconds ~,,, 6.50(3 7-50 Buck lambs 4.00(3 0.0.)

Ollier Livestock CHICAGO, Uct. 13.—Hogs—Receipts, 30,0 W: market, 15 to 25 cents lower; balk of sales, [email protected]; top, $8.55• heavies, $7.73(38.44); mediums, si* 2'-®B.,V>; lights, $7.90©fi.30; light lights. *7.004(48.15; heavy packing sows, smooth, $0.75(37.35; packing sows, rough, $0.10(3075; pigs, $7.50(3 8 10. Cattle—Receipts, lO.OOo; market, strong tu 25 cents higher, beef ste. is, choice ar.d prime, $9.23(311.75; medium and good, $6 35% 10.13; goud and choice, $9..V><311.75; common and medium, $175 (39 50. Butcher cat tel; heifers. $4(39.50; cos, $3.75(3 0 75; bulls, $3.2*5436.25. Gunners and cutters; cows aud heifers, $2.65 <33.75; canner steeis, $3(3,3.75; Veal calves (light and handy weight), $7.75(3 11.25; feeder steers, $4.85®7; Stocker steers, $4©6.55; stock cows and heifers, $3.25435. Sheep and lambs—Receipts, 18,000; market, steady; iambs I'M lbs. and down), $7.75(39.35; cull and common lanrbs, $5.25(37 50; yearling wethers. $5.50 (37.30; ewes. $3(35.25; cull and common ewes, $1504(12.75; breeding ewes, $3.50© 6 50; feeder lambs, $0.74(3.7.75. CINCINNATI, Oct 13.—Hogs—Receipts, 5.700; market, steady to 25 cents lower; all grades good swine, $8.75; pigs, $825. Cattle—Receipts. 1,700; market, slow' steady; bulls, weak; calves, #12.50 ©l3. Sheep and lambs—Receipts, 1,400; market, weak; ewes. $1(33.50; choice lambs, $9©9.50; seconds. $7©7.00; culls, $440 0. •CLEVELAND, Oct, 13. Hogs—Receipts, 3,500; market, 27c lower; yorkers. mixed, mediums aud pigs, $8.75; roughs, $7.25; stags, $5.25. Cattle-—Receipts, 47*0; market slow; good to choice steers, $8(39; good to choice heifers. $5(36; good to choice cows, s3@4; fair to good cows, $3(3.4; milkers, $374rt75; bulls, s2©3. Sheep and lambs—Receipts, 1,500; market, 50c lower; top, $9. Calves—Receipts, 250; market steady; top, sl3. EAST ST. LOUIS Oct. 13.—Hogs—Receipts. 8,000; market, steady; mixed and butchers. $8.25f 1.8. 40 ; good heavies, $8.35(3 8.40; roughs, $5.25(30.75; lights, $8.30© 845; nigs, $8.35438.50: bulk of sales, $8.30 (4(8.40. Cattle —Receipts, 5,000; market, strong and higher; native beef steers, t 9.25(3,10.25; yearling steers and heifers, 8439: cows, $3.50440; stoekers and feeders, $3.2543 0: calves, $10.50® 11.23; caliners and cutters, $2.75(33.25. Sheep and lambs—Receipts. 1,500; market, steady; mutton ewes, $4©4.50; lambs, $8.25(38.50; canners and choppers, [email protected]. EAST BUFFALO, Oct. 13. -Hogs—Receipts, 4,otK>; market, slow; yorkers, $9 ©9.10; pigs, $9®9.10; mixed, $11(39.10; heavies, $9©9.10; roughs. $7; stags. $4 ©5. Cattle—Receipts. 32.1; market, slow: shipping steers, $8(39.35; butcher grades, $7.25©5.25; heifers, $5.50© 7.50; cows, $1.50©|5.50; bulls, $3.25©5.50; milk cows and springers, s3o© 135. Calves— Receipts, 450; market, slow; cull to choice, $5(312.50 Sheep and lambs- Receipts. 200; market, Slow; choice lambs, #9.25439.75; cull to fair, $6.33(39; yearling, ss©7; sheep, $1.50 ©5.50. PITTSBURGH. Oct. 13.—Hogs—Receipts, 5,500; market, 30 cents lower; prime heavies, SB-50©9; mediums, $943 9.10; light yorkers, .#9©9.10; pigs, s9© 9.10; roughs, $6.50©7.75; stags, $4.50(35; heavy mixed, $9(39.10. Cattle—Receipts, light; market, steady; choice. SB©S.SO; prime, $7.50(38; good, $G.75®7.50; tidy butchers. $6.50®7.25; fair. $5©6.25; common, $5(4(6.25; common, $5©5.50; common to good fat cows, $2©5.50; common to good fat bulls, [email protected]; heifers, $5436.50; fresh cows and springers, $354383; veil calves, sl4; heavy and thin calves, $5©S Sheep and labs—Receipts, 1,000; market, steady; prime wethers, $5.1<)@5.25; good mixed, $4.50@5; fair mixed, $3.50434.25; culls and commons, $1432; choice lambs, sl6.

WHOLESALE FEED PRICES. Ton. Cwt. Acme bran $21.50 sl.lO Acme feed 21.50 1.10 Acme midds 21.50 1.25 Acme dairy feed 21.73 2.15 E Z dairy feed 31.75 1.65 Acme H. & M 31.00 1.60 C. O. & B. chop 24.28 1.30 Acme stock feed 24.25 1.30 Acme farm feed 27.50 1.45 Cracked corn 28.50 1.43 Acme chick feed 38.00 2.00 Acme scratch 35.00 1.80 E-Z scratch 31.50 1.60 Acme dry mash 41.00 2.15 Acme hog feed 39.00 2.00 Ground barley 36.50 1.90 Ground oats SO.OO 1.60 Homllek white 27.23 1.40 Rolled barley 36.50 1.90 Alfalfa mol . 32.00 i,65 Cottonseed meal 53.00 2.75 FLOCK AND MEAL. E-Z bake bakers' flour in 98-lb. cotton bags $ 8.80 Corn meal In 100-lb. <“W>aa bags..,. v J.7*

GRAIN MARKET TONE IS WEAK All Grains Show Losses at Close—Provisions Down. CHICAGO, Oct. 13.—Grain prices slumped on the Chicago Board of Trade today. Postponement of the Government report on wheat reserves from today until Saturday was a contributing factor. Provisions were lower. December wheat opened off l%e at $1.13% and later sagged to $1.12%. May wheat opened at sl.lß, off 1%, and slumped to $1.17. December corn opened off %c at 48c and later declined %c. May corn opened at 53%e, off %e, and dropped %c later. December oats opened off %c at 34%e, and slumped %c. May oats opened at 39%c, up %c, and lost %c before the end of trade. (By Thomson k McKinnon.) —Oct. J3~ 1 Wheat—Liberal receipts of wheat in Canada and yesterday’s weakness in that market have been felt here today, being offset to some extent by better export trade. Estimates of the export business range as high as 2,000,000 bushels, but it seems to lie practically all Manitoba's, there being only a small amount of durum wheat reported. Offerings from first hands in the Southwest are practically nothing. Asa result mills, especially in the interior, are paying strong premiums. The absence of European outlet for United States wheat is illustrated by congestion at Galveston, it being estirn that there are 3,200 cars now there and 1,500 more eu route, which suggests an embargo against that port. Washington advises that estimate of reserves will be issued Saturday, but it does not state what time of day. It is commonly expected the figures will be 500,000,00i) bushels or less. If ideas of 500,(8)0,000 are corroborated, the market will be stimulated, but it is doubtful if strength can be maintained while the Canadian movement is as free as at present. Light receipts in the Southwest, sharp milling demand for choice wheat, fairiy good flour business, and some foreign taking of Manitoba wheat are opposed by absence of export outlet for t nic-d States wheat, free movement of the Canadian crop and a lack of general interest in the situation. Under the.e conflicting conditions the market is not likely to demonstrate pronounced strength or weakness. | Corn and Oats—The sharp advance | Tuesday in both corn and oats elimi- i nated ail unuei-esary sales in the mar ! ket and left prices without demand, therefore, subject to the hedging load. , Receipts of corn promise to decrease, j but tiiis is not sufficiently pronounced to affect values. These markets have no individuality. Provisions —A weak hog market prompted a little scattered selling of January product. There was also selling of October lard, coming apparently from outside packers. This market is Influenced more by absence of important demand than any great pressure.

CHICAGO GRAIN TABLE. —Oct. 13— WHEAT— Open. High. Low. Close. Dec 1.1 j 1.14's 1.12% 1.12% May.... 1.13 119% 1.16% 1.17 1 /* CORN— Dec 58 ,55% .56% 216% May.... .53 % .*44 .52 % .52 % OATS— Dec 38% .34% .33% .33% May 39% .30% .38% .38% Turk—- • Jan 15.00 LA RD—<>ct. 9 05 9.25 8.97 8.95 .Jan 8.70 8.75 8.70 8.70 KII.S Oct 6.67 6.67 6.60 6.60 Jan 7.00 7.60 7.55 7.57 R YE Dec 91% .91% .90 .90% Jan 96 .96% .95 .95% •Nominal. CHICAGO CASH GRAIN. CHICAGO, Oct. 13.—Wheat —No. 3 red, $1.18%; N *. 2 hurii winter, $1.15; No. 2 mixed, 81.11. Cos. n—No. 2 mixed, 45%© 46%0; No. 2 white, 45%©40%c; No. 2 yellow, 46©4<!%e; No. 3 mixed, 45%®45%c: No. 3 wtlite, 45%®46c; No. 3 yellow. 45% 4q 46%c; No. 4 uiixisi. 44%©45%c; No. 4 white. 44%<\ Oats- No. 2 white, 33%® 37c: No. 3 white, 31©33%c; No. 4 while, 30©3U%c. TOLEDO GRAIN TRICES. TOLEDO, Oct. 13—Wheat—Cash, $1.23: Dec, tuber. $1.39% ; May, $1.35%. Corn— Cash, 7- u 550. Oats—Cash, 38©39c. Rye —Cash, tide. Barley—Cash, 64c. TRIMARY MARKETS. (By Thomson A McKinnon.) —Oct. 13— Wheat. Corn. Oats. St Joseph.... 88,000 52,000 6,000 I hicago 72,000 1,482,00*1 315,000 Milwaukee .. 28.000 2.86.000 201,000 Minneapolis.. 627,000 32,000 141.000 Duluth 505,000 69,000 8,000 St. Louis 201,000 ’lo.oOO 152.000 Toledo 8,000 3,000 14.000 Detroit 3,000 T.,000 10.000 Kansas City—i2 days) 31C.000 83,000 24,000 Omaha — (2 davs) ... 152,000 92,000 90,000 Indianapolis 38,000 34.000 Totals 2.000.1810 2,270.000 1.015,000 Year ag0...1,309,000 968,000 895,000 —Shipments— Wheat. Corn. Oats. St. Joseph—• (2 days) ... 43,000 60,000 2.000 Chicago 24,000 476,000 491,000 Milwaukee ... 3.000 85.(NX) 12,000 Minneapolis.. 186,000 15,000 4,000 Duluth 444,000 St. Louis 109,000 58,000 63,000 Toledo 27.000 7.000 11,000 Detroit 3,990 3,000 Kansas City—(2 days).... 331,000 53,000 29,000 Omaha—(2 days').... 146,000 135.000 50,000 Indianapolis.. 1,000 13.000 20,000

Totals 1,314,000 905,000 721,000 Year ago... .1,807,000 089,000 567,000 —Clearances — Domes. W, Corn. Oats. New York.... 16,000 17,000 Philadelphia 25,000 Galveston .... 340,000 Totals 830,000 42,000 Year ag0.... 811,000 110.000 INDIANAPOLIS CASH GRAIN. —Oct. 13Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Firm: No. 2 red. $1.220125. Corn —Easy: No. 2 white, 48049*ic; No. 3 white, 47**0 t9c; No. 2 yellow, 47*i 049V*c: No. 3 yellow, 46:4049c: No. 2 mixed, 47048**0: No 3 mixed. 46V4@48c. Oats —Easy: No. 2 white. 35@36c; No. 3 will to, 33034 Vic. Hay—Steady; No. 1 timothy. sl7@ 17.50; No. 2 timothy. $16.50017; No. 1 tight clover mixed, $10010.00; No. 1 clover hay, $16017. —lnspections Wheat—No. 3 red, l car; No. 4 red, 1 car: sample. I car; total, 3 cars. Corn —No. 1 white, 16 cars: No. 2 white, 10 cars: No. 3 white, 3 cars: No. 4 white, 1 car; No. 1 yellow, 14 cars; No. 2 yellow, 6 cars: No. 3 yellow, 1 car; No. 1 mixed, 3 cars; No. 2 mixed, 3 cars; total, 57 cars. Oats—No. 2 white, 6 cars; No. 3 white, 24 cars; No. 4 whtie. 9 cars; sample white. 4 cars; No. 2 mixed, 4 cars; No. 3 mixed, 1 car; total, 38 cars. Rye—No. 3, 1 car. HAY MARKET. The following are the Indianapolis j prices for hay by the wagon load, de- ! live red: Hay—Loose timothy, $17018; mixed hay, $16@17; baled hay. $17049, Oats -Bushel, new, per bushel 34037 c. ; Corn —Old, per bushel, 55000 c. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying $1.12 for No. 1 red winter wheat; sl.lO for No. 2 red winter wheat ><nd according to test to* No. 3. Oats are quoted at 30c for No. 3 white or better. TOLEDO SEED PRICES. TOLEDO, Oct. 13.—Cloverseed —Cash, I $12.75; October, $12.75; December, $12.85: January. *12.95; February, $13.15; March, $12.90 Alsike —Cash, $10.75; December, $11.00; March, $11.13 bid. Timothy--1920 cash, $2.Y5; October. $2.75; Decern her, $2.85; .Tonuary, $2.90; February, *2Ji5, March. $3.00. 1

BOOZE SMUGGLERS GROW IMPUDENT IN SEA TRAFFIC Now Estimated U. S. Must Spend 32,000,009 Annually to Watch Them. WASHINGTON, Oct. 13.—Liquor smuggling is now ther real prohibition problem. No single phase of whisky law enforcement rivals smuggling. Its present danger and the potential menace it holds for enforcement over the United States are recognized. Dry officials are alarmed over It, as they are over no other angle of the Volstead law puzzle. Officials, eager to see law observance throughout the country, now find It impossible, with their limited funds and personnel, to do more than confine their activity to detecting violations on land. Under pressure for economy, prohibition officials have abandoned a program, tentatively mapped out, for sea patnl, to perform service off the Atlantic coast. Maintaining a sea patrol along the threemile limit zones off the coast would involve such a heavy outlay of public funds that higher officials deem it impracticable at this time. With the economy idea spreading rapidly through all Government agencies, it is not believed that officials who would be empowered to pass upon such a plan would O. K, a project for a prohibition sea patrol. $2,000,000 FOR II’KEEP, The cost of upkeep for an official sea patrol, as a part of the prohibition unit of the Treasury, would involve probably $2,000,000 a year at the lowest calculation. The present policy of the Budget Bureau favors a drastic cutting of funds already allowed by Congress for dry law work, rather than any new proposai involving heavier outlays of public funds. Treasury officials believe that not mor.* than one out of every 1.000 smuggler? are caught coming into the United States. The smugglers are known to be entering coves and inlets, with their valuable cargoes, all along the coasts. Smiigg? ts are growing bolder on the Canadian and Mexican borders. Smuggling operations on the bounadries and coasts have grown upon an amazing scale, as the bootleg importers have gradually become wise to the lack of police opposition. The stern realties of the smuggling situation are b’coming more and more apparent to prohibition officers. They have gone to extremes to check the flow of *iquor illicitly from bonded warehouses They have that end of the problem very well In hand. But the never-ending stream of fine Imported whiskies and wines of foreign make that are seeping through thousands of routes of ingress into the United States has brought a new problem that is admittedly baffling. Liquor ships have a legal right to briag liquor stocks close up to the threemile limit off American shores. They cannot be stopped or questioned, as long as they do not enter American ports. Large schooners now are being used by bootleg combinations for this purpose. Bootleg promoters maintain fleets of the speediest motor boats, built to transport heavy loads.

MOTOR BOATS DART ABOUT. These motorboat fleets are darting nightly out from the Atlantic coast to the position of their liquor sources anchored at sea to take in loads and race with them into unfrequented inlets, there to be met by truck caravans to transport the wet stores inland. The big difficulty is in detecting and catching these motor-boat fleets while actual operations are in progress. Their methods are extremely clever. They know the poitts along the coast that are carefully watched *y the coast guard. They select as a 1 ase of operations point? and times for i ction where opposition from that source is improbable. Prohibition officials know these tricks of the bootleg importers, but confess themselves powerless. Occational detection of a liquor ship is reported by customs or coast guard authorities. But these detections are Isolated and exceptional They reveal no leliable safeguard against the continued heavy flow of foreign liquors for the American market, possibly for many years to come.

NOT NATION OF HOTEL LIVERS Builder Declares Home Is Not Becoming Obsolete. COLUMBUS, Ohio, Oct. 13.—“ Only the inability to build homes fast enough to supply the demand keeps a big majority -of American families from owning their own homes." declared James A. Devine, secretary of the Ohio Building Association League, when told that hotel men in the United States had predicted the passing of the American home. F. G. Bothwell, national secretary of the hotel men’s organization, at a convention just concluded, stated that “the renaissance of cliff dwellers is coming.” He declared the old-fashioned American home is passing along with the horse and in due time will be exhibited along with the stuffed dodo bird aud the egg of the auk. People are moving into hotels, according to Bothwell. Not so, according to Secretary Devine of the building aud loan organization. “Ohio is soon to witness the greatest home-building boom in its history,” he declared. “Every effort of the 800 building and loan institutions in Ohio during the next year is to be turned to home building." Devine declared that the home shortage in Ohio has reached serious proportions. “The public will realize within the next year just what Inestimable value to any community is a well-organized building program. Devine said the American home would never pass out of existence. “Instead the Nation is becoming one of home owners," he declared. Democrats to Hold South Side Rally The South Side Democrats will give a Democratic rally and a dance tonight: at the South Side Dance hall, Prospect and East streets, in honor of B. M. Ralston, candidate for mayor, and Thomas Garvin, candidate for city judge, and other Democratic candidates. Mr. Ralston anil Mr. Garvin will speak. Other speakers who will talk to the voters are Joseph E. Bell, former mayor, aud James Cox, former judge. The speaking will be followed by a dance. No admission will be charged. The south side orchestra will furnish the 1 music for both the Democratic rally aud : the dance. Drunkenness in Britain Increases LONDON, Oct. 13. Drunkenness showed an increase of 65 per cent in J Britain during 1920, according to recently I published statistics. The decrease in the licensing hours of ' saloons and the inferior grade of the beer, strangely enough, is given as the j chief reasons for this increase.

Money to Loan on Mortgages STATE LIFE INSURANCE CO.

MAN S LEG ODD MEMORIAL AT U.S. NAVY YARD Inventor of Dahlgren Gun Honored by Curious Tablet. WASHINGTON, Oct. 13.—0n the west side of the metal shop in the Washington Navy Yard there Is a battered bronze tablet which commemorates an event for which all the city turned out more than fifty years ago. Its inscription is simple and direct: “Within this wall is deposited the leg of Col. Ulric Dahigren, U. S. V., wounded July 6, 1563, while skirmishing in the streets of Hagerstown with the Rebels, after the battle of Gettysburg ’’ The casual vis.tor to the navy yard is not likely to see this tablet unless his attention is called to it by one of the oldtimers. Its existence is known to few, and yet it serves as a lasting monument to a family whose name stands foremost in the development of naval ordnance. It was on the occasion of the placing of the tablet and of the interment of the leg of this Northern soldier that all the citizens of the city gathered at the navy yard in the summer of 1563 to pay tribute to the name of Dahlgren. ADMIRAL RAN FACTORY". The metal shop was under construction at the time as a foundry for the casting of the famous Dahlgren guns. Admiral John A. Dahlgren, then of much lower rank, was superintendent of the gun factory. His son. Col. Ulric Dahlgren. had been wounded in the manner related by the inscription on the tablet. After the leg was amputated Admiral Dahlgren ordered it brought to Washington, where it was inclosed in a metal box and deposited in the corner stone of the new building. To some in this day it may seem Admiral Dahlgren chose a strange and extraordinary method to honor his wounded son, but to the Government officials and lesser citizenry of the Capital who stood with bowed heads in the shadow of the half-finished metal shop on a hot afternoon in the summer of 1883 there was nothing unusual or at least remarkable in the event. BURIAL OF LEG SOLEMN. If there were some in the throng who were inclined to scoff at the admiral's manner of preserving the memory of his son they were silenced by the solemnity and the dignity of the notable ceremony which marked the laying of the corner stone and the burial of the Colonel's leg. Asa result of the manufacture of ordnance material for the fleet in the early fifties under the direction of Admiral Dahlgren. the YVashington Navy Yard gained a reputation as the most important land branch of the Nation's naval system. In 1849 Amiral Dahlgren superintended the firing test of an elongated shot an 1 shell invented by John I’rentiess, which could take the rifle motion from the smooth-bore rannon and keep its front end in the proper position. This was a considerable advance in the manufacture of big shells and naval cannon, and iu a short time the admiral had gained such ex*c ive knowledge of all branches of otdr .nee that he became a noted authority on these subjects. He later inverted the famous Dahlgren gun.

J. BARLEYCORN STARTLES FOLK Open Presence at Denver Station Stirs Populace Deeply. % DENVER. Oct. 13. —A near riot occurred at the Denver Union Depot when it was discovered that eighty cases of bonded whisky were standing on the station platform. Each case was plainly labeled as to content and consigners, a Jackson County, Kentucky, distillery. Excitement became so intense among the rapidly gathering throng when news of the arrival of the “wet goods” was spread that It was necessary to maintain a special guard of officers around the liquor during the entire night. Prohibition enforcement officials explained the following day that the Hquor was obtained by Government permit and was for medicinal purposes, to be dispensed at a local home for the aged.

Ship’s Menagerie Runs Amuck on Trip LONDON, Oct. 13—The Elder Dempster steamship Flmina was berthed at Liverpool this week with a distracting sideshow in full swing. On board was an interesting collection of beasts sent by the Governor of Gambia, West Africa, as a present to the! London “Zoo.” Two hyenas formed part of the consignment. These had already been loosa once during the passage, and they repeat the escapade in the Mersey. The the* / is that some youthful spirits enjoyed the first incident 60 much that they arranged for a repetition before they left the ship. Pitchforks were employed to urge the beasts back to tbeir den. The officers never had a dull moment while the dual operation of betbing ship and big game hunting was in progress. 4 Some regrets was expressed (not the ship’s offl-ers) that the porcapines and ostriches were not given au airing at the same tirne. In addition to this, the passengers took great interest during the voyage in the menagerie, and several still bore souvenirs in the shape of scratches when the vessel docked. Anti-Children War Started by Landlords LOS ANGELES, Cal., Oct. 13.—Heralded as a unique crusader. Mrs. Fern Isabel Croly, an attractive young war widow, has started what she hopes will ultimately become a nation-wide campaign to force landlords to drop a hostile antichildren attitude. Claiming to have been denied admittance to practically every apartment house in Los Angeles because of her beautiful daughters—Dorothy, aged 7, and Irene, aged 9—Mrs. Croly has entered upon what she terms a “war widows’ fight.” "I gave my husband for the good of the world. Now the landlords refuse admittance to me because of my two children, whose father died fighting to secure peace and comfort for these very landlords,” declared Mrs. Croly. Bhe asserted further that women with children are practically barred from all property in Los Angeles, “No children” being the sign which welcomes mothers from many bouses and apartments. I BUY AND SELL Federal Finance Common and Preferred, Great Sonthern Producing and Refining, Central & Coast Oil, Duesenberg Motors, Majestic Tire. Fletcher American National Bank, Fletcher Savings and Trust, State Savings and Trust Stocks, Bonds, Indianapolis Mater s's. I NEWTON TODD 415 l emcke Bldg.