Indianapolis Times, Volume 34, Number 134, Indianapolis, Marion County, 15 October 1921 — Page 13

RAIL REACTION RESULTS FROM STRIKE THREAT Market Develops Unsettled Condition at Close of . Session. RESERVE RATIO LESS Special to Indiana Dally Times and Philadelphia Public ledger. By MONITOR. NEW YORK, Oct. 15.—Selling that developed In the ra'ls long in the afternoon served to give tile market a rather unsettled appearance at the close. For the first three hours the domestic oils showed firmness with an advancing tendency and several new hgh records were registered by this gronp. When the reaction set in with the rails the oils followed suit, aril their action was Indicative of the desire of buyers to take down scalping profits. The strike threat was. responsible for the pressure on the rails and practically every issue re ponded to the weight of offerings. The seaboard stocks that slumped so badly Thursday recovered a trifle as a re.-uit of the reassuring statement issued by one of the officials. In the steels the undertone was still heavy and sugar stocks were weak with American Sugar and Refining going to anew low level for all time. No special comment was aroused by the moderate decline In the reserve ratio of the Federal reserve system to 05.5 frGm last week's high record of CO. The feature of the statement consisted of the Improvement in the posidon of the western banks at the expense of the eastern members. There was a reduction of 54,000.000 in total gold reserves, but no particular significance is atached to this development.—Copyright, 1921, by Public Ledge Company. HUGHES WISHES NO HECKLING OF ARMS DELEGATES (Continued From Page One.) the conference hall, the Tan-American Union, as was physically possible. it has leased the entire building of three stories and basement at the corner of Seventeenth and F-streets. The council proudly announces in an official bulletin that the premises are “only two blocks from the Pan-American building.” Directly across the way, too, are the State, War and Navy buildings. The •‘national council’* is determined to remain on the scene of action indefinitely. It proclaims that it has "a lease for six months, with too privilege of renewal lor a year, IF BY THE END OF FOUR MONTHS WE DECIDE THAT WE WANT TO CONTINUE THE FIGHT FOE THE ULTIMATE ABOLITION OF V. Thus by the public admission of the director in chief of the “national corn 11.” Dr. Frederick J. Libby, tem- • ■ v executive secretary, its scheme is in;rely to “develop * sound public • • : on on limitation of armament” —as Mi. s ■' rrimn.n's letter to Secretary Tt’ghes Ue dared—but to wage a crusade -'or th* milVuniuta, “the fight for the : V tie • abolition of war.” Li PTES INTENDED TO 1 •:"PEL UTOPIAN DREAMS. ’t was to te’.;e i•. lie with such Utopian •i • ms that President Harding this week ses a letter to a Brooklyn woman, feet i e Vn-hip-ton confer, nee • ••■'rig to bring about “universal disTlie writer only can reaffirm rh se di-nr? Fes d.aiing with the Ijual coi lactivities already e > rited o .it— that high officials of • ‘ .iministrafon see in theta precisely rotary llu-hes describes to Miss a# an “m ny. opportunities i.-r icrstr -d!.:g.” The Administration C,;ri:. s t . right of Amcri an eit’s -ns • venli'fita the’r views in their own way. *:t through the monks of both the Ur du at ard Se rotary of State the <■ angry \.!ti in the last forty-eight hours ,>.y has I :n adjured neither to expect i r ratin'.y to agitate for the “miiienuinl." . ut bluntly, far the benefit of those who may be blind with that zealous ardor which do- s not p ermit them to see, the situation is this: The American delegation nt the armament eo-if-rebec wiU lie disastrously handicapped if there is a hue and cry in the United States which se: ms to indicate to foreign statesmen that the American people went limitation of armament at all costs, if such an impression is created, the United States may find itself confronted by demands for concessions outside the realm of armament whi-h it would be either impossible or fatal for us to grant. Old world statesmen are past masters in the art of exploiting for their own advantage domestic political situations which they fancy are embarrassing to a gov eminent with which at the moment they may be dealing. PRESIDENT HARDING AND SECRETARY HUGHES PRAY EARNESTLY TO BE SPARED FROM HAVING TO DEAL WITH SUCH A SITUATION IN WASHINGTON THIS AUTUMN A*D WlNTEß.—Copyright, 1921, by Public Ledger Company.

Weather The following table shows the state of the weather at 7 a. in. Oct 15, as observe.l l>y U. S. Weather Bureaus: Station. Bar. Temp. Weather. Indianapolis, Ind. , 3 >.3; 47 Clear Atlanta, Ga 33.32 54 Cloudy Amarillo, Tex 29.93 52 PtCldy Bismarck. N. D. .. 29.94 48 PtCldy Boston, Mass 39.34 54 Clear Chicago, 111. ...... 50.23 50 PtCldy Cincinnati, 0 30.3'' 3s Cb*r Cleveland, 0 30.39 44 Clear Denver, Colo 30.00 48 Clear Dodge City, ICas. .. 30.00 48 Clear Helena. Mont. ... 29.94 59 Cloudy Jacksonville, Fla. .. 39.08 70 Rnin Kansas City. Mo. .. 30.00 59 Clear Louisville. Kv 30.3S 49 Clear Little Kook. Ark. .. 30.20 4.8 Clear Los Angeles, Cal. .. 20.98 56 CbOuly Mobile, Ala 39.19 58 Clear New Orleans, La. .. 30.12 90 Clear New York, N. Y. . 30.44 59 Clear Norfolk. Va 30.42 00 PtCldy Oklahoma City ... 39.08 58 Cloudy Omaha, Neb 29.94 54 Clear" Philadelphia, Pa. .. 30.46 52 Clear Pittsburgh. Pa 30.42 42 Clear Portland, Ore 29.94 52 PtCldy Ranid City, S. D.. 29 88 52 Cloudv Rosehurg, Ore 29.98 44 Clear San Antonio. Tex. . 30.10 59 Clear San Francisco, Cal. 30.00 CO Cloudv St. Lon's. Mo 39.22 48 Clear St. Paul, Minn 29.99 54 PtCldy Tam>a, Fla 39.02 74 PtCldy Washington, D. 0... 30.44 44 Clear WEATIIKB CONDITIONS. Since Friday no rning rains have fallen In tl:e middle and north Pacific districts, .and ct a few places in the upper and middle Jllsrlsr!ji)l Valley and the Lakes region, and in Florida. Elsewhere the weather lias l oca generally fair. Temperatures have iPea somewhat in eastern sec’rons and in the far northwe t, but it is rtightly eerier between thor.e two regions, cltliang’i the changes nowhere have been decided over l°r~e areas. .1. H. YRMINGTON, Meteorologist, Weather Bureau. INDIANAPOLIS PRODICE. y Butter—Local dealers are paying 43c per lb for butter delivered in Indt" na noli*. Eggs—Loss off. 40<g41c. Butter -Packing stock, 18@19‘. Poultry Fowls, leg 22c: springers. l£@2se; clocks. slo@l2<-; young hen turkeys, 8 ins up. 35c: young torn turkeys. 12 lbs. up, 35c; old tom turkeys. 25@:30c; cull thin turkevs not wanted: docks. 4 lbs. and rn. 17@1Sc. spring ducks. 3 lbs and ptj. 17ff?48c: geese, 10 lbs. and up, 10<gl2c; rabbits, drawn, per dozen, $3; squabs, 11 lbs. to the dozen, $4.50; young guineas, 2-Ib. size, per dozen, $7. Butterfat—Local dealers are paving 40c per ponnd for bntterUt delivered in InJUnapolls.

Stock Market Review NEW YORK, Oct. 15. —The New York Sun’s financial review today said. “That the stock market yesterday was made to look in a weaker position than it really occupied was evident from the case with which stocks resisted selling at the opening today and subsequently rallied. “A wave of selling poured into the railroad issues, foreiug initial quotations down from a fraction to a point. However, it was not long before this department steadied and even rallied with the industrials. “Traders will probably have a difficult time trying to place an interpretation on the proposed cut in wages and transportation COBtS. “Union Pacific had been pushed down to 110, Northern Pacific to 72, Great Northern preferred to 70, Reading to 08% and Rock Island to around 31%. “The Oil stocks, for reasons quite apparent in the trade situation, held up the best of any group. “Duns says: ‘The last quarter of the year gives promise of further gradual improvement. As in most periods of recovery the movement is decidedly irregular, cud a continued absence of definite gain in various quarters detracts somewhat from the encouraging developments elsewhere. After many months of restricted demand from dealers, the point has been reached where supplies of merchandise in different channels are in need of replenishment and moderate-sized orders for restocking purposes are placed more frequently. "Bank clearings of the country for the week ended today aggregated $6,349,412,070, a decrease of 20.2 per cent ns compared with the corresponding week of last year.”

N. Y. Stock Exchange —Oct. 15. l’rev. High Low Close Close Allied Chem 40% 45% 43% 45% Ajax Rubber ... 20 20 20 19% Ailis-Chalmers .34 32% 33% 143% Am. Beet Bug... 25 24% 25 25 Am. Bosch Mag.. 34 34 34 33% Am. Car Fdy... 127% 12f% 127% ..... Am. Hide Lett... 50% 51 51 01 Am. Ice 00 59 % 00 Am Int. Corp... 31% 31% 31% 31% Am. Linseed ... 25 25 25 25*4 Am. Loco 89% SOU 89% 89% Am. Smelt & Ref 30% 38% 83% 30% Am. Sug. Kef 53% 52% 53% 5214 Am. Sum. Tob... 30% 30 36% 30% Am. Steel Fdy.. 24% 24% 24% 24% Am. Tel. & Tel.loS 108 10s 107% Am. Tobacco... 124 124 124 124% Am. W001en.... 74% 74 74% 74% At. Cast Line.. 84% 84% 84% 84% Ana. Min. C 0... 39% 39% .'19% 40% Atchison 88 85% K 4% 86 V* At. Gulf & W.I. 27% 20% 20% 27 Baldwin Loco.. 86% 85% 86% 55% B. it 0 36% 30% 36% 36% Beth. Steel (B), 53% 52% 53% 52% Cal. Pete 40% 40% 40% 40 Can. Pac. Uv...111% 110% 110% 111 Cent. Leather.. 27% 27% 27% 27 Chandler Motors 40% 4040%. 40 C. & 0 53% 53% 53% 54 C. M. & St. P.. 23% 23% rs% 23% C.M. 7. St.P.pfd. 37 86% 58% 36% Chic. AN. IV.. 60% 05% 05% 67 C„ It. I. & P... 82 31% 32 32 C.R.I.AP.7'• pfd.. 79 79 79 <9 ! Cnill Copper.... 11% 11% 11% 12 Chino Copper.. 25% 24% 24% 25% Columbia tins.. 6<>% 60% 60% 61 Columbia Graph 3% 3% 3% 3% Consolidated G. 810% 88% 88% 80’j Cost!; n Oil 82% 31% 32 31% Corn Products.. 78 77' . 77% 77% Crucible Steel.. 59% CS% 00% 58% Cuban A. Sugar 11% 11% 11% 10% Cuba Cane S *6% 0% 6% 6% Dei. ic Lack 104 163% 101 104 Del. & Hudson 100 104 US' Erie 12% 12 12 12% Erie Ist pfd... 17 s , 17% 17% 18 ram. Plovers.. 55% 57% 58% 58 Fisk Rub. C 0... 10% 10% 10% 10% Gen. Asphalt.... 53% 52% 53 53% Gen. Elec 124% 124% 124% 124', Gen. Motors .... 9% 9% 9% 9% Ot. North, pfd.. 71% 68% 60', 71% Gc. North. Ore.. 28 27% 28 C'l’f State Steel 38% 38% 38% 33% Houston 0i1.... 65% *4% 5 64% Illinois Central. 96 96 ‘.Hi Insplrition Cop. 84% 34% 34% 33 Indiahoma 3% 3% 3% 3% Invincibl- 0i1... 13% 13 13 13% lilt. Harvester.. 75% 73% 75% 76 Ir.t'l Nickel 18% 13% 13% 13', inter I’aper 47 1 47% 47% 47% I si. Oil & Trans. 3% 3% 3% 3% •K. C. Snath.... 24% 24% 2t* 24% Kei’y-Sprillg. .. -11 40% 40% 40% Ken iei tt Cfp.. 21% 21% 21% 22 I.ack, Steel .... 39% 89% 39% 39% Belli li Valley... 53% 52% 52 S3 Lee Tire 27 27 27 26% Loews. Inc 13 13 -3 13 Loft Candy 9% 9% 9% 9% Marine com 10 10 10 l( Marine pfd 45% -45% 45% 46% I Maryland 0i1... 23 22 % 22% 24 Mont. A Ward.. 18% 18% 18% 18% Mexican Pete... 95% 93% 03% 93% Miami Copper.. 22% 22% 22% 22% Mid. Sts. 0i1.... 13% 13% 13% 13% Midvale Steel... 24 23% 24 23% Mo. Pacific 19% 18% 18% 19 Mo. Pacific pfd. 41 40% 40% 41% | Nev. Con. Cop.. 11% 11% 11% 11% rN. Y. Central 73% 71% 71% 72% I New Have i ... 13% 13% 13% 13% N. & Western 144% 144 94 93% Northern I'ec. .73 70% 71 73% O. P. & It. Cos. . 2% 2% 2% 2% | Pacific oil ... 40% 39% .’% 39% P. A. Petroleum 43 41% 42% 41% Pellnn. Ry 36 35% 35% 86% People's Gas .. 50 50 50 70 Pierce Arrow .. 13% 11% 12% 11% z!\ Oil Corn. ... 7% 7 7 7% Pittsburgh. Caol 58% 58 58% .... I*. Pal. Car. .. 92% 92% 92% 98 I Pure Oil 29% 25% 28% 28'/. Reading 69 68% 68% 69% U. I. A Steel .. 47% 47 47% 47% K. D. of N. Y. .. 43% 4.8% 43% 43% Sears Roebuck . 65% 68% 68% 6W-\ Sinclair 21% 21 21% 21 Vi Southern Pacific 77% 76'8 76% 77% Southern Ry 19% 19 ” 19 19% St L& s W Ry. 21% 21% 21% 22 •St Lfz S F com. 22% 21% 21% 22% Strombcrg Carb. 29% 29% 29% Studebafcer 72 70% 71% 71% Texas Cos 39% 38-% 3888 38% Texas Pac 21% 21% 21% 22 '1 Tob. Prod 63 63 63 63% Transcontinental 9% 9 9 s% Union Oil 21*| 21 21 21 Union Pac 119% 118% 118% 119% Uni. Retail St... 50% 49% 50% 49% US Food Prod.. 13% 12' 13% 12% United Fruit C 0.109 109 169 109 US Ind. Alcohol 41 43% 48% 43% US Rubber 4;;% 46% 46% 46% US steel 78% 78 78 78 Utah Cop“cr ... 52% 52 52% 43% Vir-Car. Chem. 36% 30% 30% 28% Wabash' 7% 7% 7% 7% Wabash Ist pfd 26% 20 20 20% W. Maryland... 8% .8% 8% 9 Westin-. Elec.. 44% 41% 4!% 44% White Motors.. 35 33 35 35% WilivsiOvcr’cnd 6 ft ft 5% Wilson A C 0... 33% 32% 38% 33% Worthin-ton I‘. 39% 39% 89% White Oil 12% 11% 11% 12% West Tac 20% 19?4 19%

NEW YORK LIBERTY BONDS. —rOct. 13. Prex. , 11 'gh. Low. Close. C'ose. jL. B. 3%s 91.12 90.40 99.82 90.30 L. B. 2d 4s 92ti8 92.62 ! L. B. Ist 4 1 is... 93.20 9310 93.14 93.20 IL. B. 2d 4%8... 92.52 92.70 92.72 92.68 !L.B. 3d 4145... 94.99 94.80 94 82 94.70 L. B. 4rh 4Vis 93.19 93.09 93 02 <13.0;! I victory 3*iS 99.40 f*o 38 99.40 99 38 Victory 4%s 99.44 99.38 90.44 08.38 CHICAGO STOCKS. (By Thomson & McKinnon.) —Oct. 15Open. High. Low. Close Armour pfd 02 Carbi & Carbo.. 44% .... Libby 8% .... Nat. Leather... 9% % o% 9% S-Warner 23 23>4 23 23% Swift & Cos 96Vi Swift internat. 23% 23% 23% 03% CLEVELAND PRODUCE. CLEVELAND, Oct. 14.—Butter—Nxtra In tubs, 51 %®.'i‘2c; prints, 52%@53e; extra firsts, 50%@51c firsts. 49%®50c; seconds, 40'/j@4lc; packin': stocks, 23%® 25 %e. Eggs—Fresh gathered northern extras, 50c: extra firsts, 49c; Ohio firs!-, new cases, 45c; old cases. 44c, western firsts, new cases, 42c. Poultry—Live heavy fowls, 24(3'_v>e: light fowls 18% 20c: roosters, !j", springs, light, 20c; liv, spring ducks, 21@25c. Potatoes—Jersey 32.59 per sack of 150 pounds, h'weet potatoes, [email protected] per barrel: $1.76 mi ham per. WHOLESALE BEEF PRICE*. The following ore today’s who ,1 prices for beef cuts as sold by the Indianapolis markets of Swift & Cos.: Ribs—No. 2,22 c: No. 3,19 c. Loins— No. 2,20 e; No. 3,10 c. Bounds—No. 2, 17c; No. 3,14 c. Chucks—N|> 2. 9c; No. 3.8 c. Plates —No. *, 9c; Not 3, Sc.

STOCK MARKET CLOSES WEAK Losses Range From Fractions to Over 3 Points. NEW YORK. Oct. 15.—The stock market closed weak today. Weakness in the rail list on the strike call caused unsettlement in other parts of the list and declines of from fractions to nearly 3 points were general. Great Northern preferred sold down over 2 points to 69%. Northern Pacific fell 2% points to 70%. Reading. New York Central and Southern Pacific showed substantial declines. The oil shares, after early strength, sold off from the’r top figures. Mexican Petrooleum yielded from 95% to 93% and Texas Company from 39% to 38%. The steel shares showed little chnnge. The motors were strong. Total sales of stocks were 277,600 shares: bonds, $'6,363,000. Totai sa’es of stocks for the week were 2,722,600 shares; bonds, $80,887,000. (riy Thomson A McKinnon.) —Oct. 15— The outstanding features at the close of the week are not uniform. On the favorable side we have the best commercial reports In many months. Trade throughout the country is expanding, and this is supplied by the last figures published yesterday morning, that the mouth of September showed an increase of over 800,000 active spindles in the cotton mills, as compared with August. On the unfavorable side is the controversy between the railroads and the un'ons. The unions have empowered their officials to call a strike because of the last wage cut, and the proposition is put forth to reduce wages again. This is of such vnst importance that it overshadows all favorable developments, and the result will be of the utmost consequence, either for continued recovery, commercially, or for a serious setback. No one should attempt to minimize the serious consequence of a railroad strike at this particular time. This controversy has had an unfavorable effect upon the stock market, as it has restrained investment and brought liquidation, and, while not on a very large scale, was sufficient inkier the circumstances, to depress values. Northern Pacific and Great Northern were the leading sufferers, and in a measure reflected the unsatisfactory conditions in the Northwest and the strong sentiment amoug railroad employes of that section. While It is only natura’ to look forward with some hope for a settlement of the railway controversy, nevertheless the seriousness of the situation should m t be Ignored and, until final decision is reached, the market will be sensitive to all reports in regard to It. TWENTY STOCKS AVERAGE. NEW YORK, Oct. 15.*—Twenty industrial stocks Friday averaged 71.15, off ‘.75 per cent. Twenty active rails averaged 71.84, off .62 per cent. CLEARING HOUSE STATEMENT. NEW YORK, Oct. 15—Exchanges. $791,860,0 0; balances, $53.9 ,O,(X 0; Federal Reserve Bank credit bamuce, $56,750,000. Money and Exchange Indianapolis bank clearings Saturday were $2.9.,5,000. tor the we k ending Saturday, clearings totaled $17,253,000. NEW YORK. O t. 15.—Marks touched anew low record t the opening of the foreign exchange market today when initial quotations yi..-di\l 8% points 10 1 .0.07 %e. Other exchanges op sued siron*, demand Sterling advancing 2%e to $5 89. 1 francs were 6 cmti'.n 1 higher at 7.8i0 for cables and 7.30 c lor checks. Lire rose 10 points to 4.05,: for cables and 4. (Me for checks. Belgian lr.incs were up i 6 ecu. tuies to 7.23 c lor cables and 7.2. c for checks. Guilder cables were 83.62 c; ‘ cheeks. 33.69 c. Sweden kronen cables were 23.15 c; checks, 23.10 c.

NEW YORK BANK STATEMENT. NEW YORK, Oct. I.,.—Average—Loans Increased. $5,450,000; nciuuuU ueyosits, increased, $19,106,900; time deposits, iucreaseu, $804,000; reserve, increased, $,- 222,690. Actual—-Ivans, increased, $4,032,ooo; demand deposits, increased, $83.19..,000; time deposits, increased, $1,0c2,0u0; reserve, increased, $11,09-1,210. MOTOR BKCLIt 1 TIES. (By Thomson A McKinnon.) —Oct. 15. — —(.'losing— Bid Ask Briscoe 8 9 Rack ard coin 4% 5 Packard pfd 58 j 50% Peer.ess 39% 10% Continental Motors Com sys 5% Ilupp corn 11 12 .ten Motor Gar 18% 1.8% Elgin Motors 4% 1 / Grant Motors 1% 2% Ford of Canada 25.) 255 International Motor corn 2 ■ i National Motors 2 5 Paige Motors 11 12 Republic Truck 8% AC TIVE OIL STOCKS. (By Thomson A McKinnon.) -Oct. 15—Openin';— Bid. Ask. Anglo-American Oil 17 17% Atlantic Lottos 7% 8% B irne-Scrymser 325 350 Buckeye Pipe Line 81 x; Chesebroug.i Mfg. Con 145 155 C'ont. Oil CMorado 11.8 1)8 Cos Jen Oil and G;s )% 6% Crescent Pipe Line 28 29 Cumberland Pipe Line 122 127 Elk Basin l’cte 6% 6% Eureka Pipe L ne 80 81 Uaiena-Slgnal Oil pfd S4 88 Galena-Signal Oil com 52 55 Illinois Pipe Line 160 165 Indiana Pipe Line 83 85 Merritt Oil 9% 9% Midwest on ;;% 3% Midwt st Refining l.'n 100 National Trans t 27 29 New Y'ork Transit 158 152, Ohio Oil 268 272 Oklahoma P. A R 4% 4% Penn.-Mex 20 23 Prairie Oil and Gas 515 525 Prairie Pipe Line 197 ‘2OO Rapulpa Ref;;. ... 3% 3% Solar Refining 350 370 Sou!hern Pip l Line 82 85 South Penn fill 19) 195 Southwest Pena Pipe Lines.. 51 58 Stand. Oil Cos. of lad 77 77% Stand. Oil Cos. of Kan 580 COO Standard Oil Cos. of Ky 395 405 Standard Oil Cos. of Neb 16) 170 Standard Oil Cos. of N. Y 338 342 Standard Oil Cos. of Ohio .. 3,Si 390 Swan A Finch 30 35 . Vacuum Oil 275 280 Washington Oil 32 36

NEW YORK CCKB MARKET. (By Thomson & McKinnon.) —Oct. 15— —Closing—- * Bill. Ask. Acme Pkg 1 1% Curtis Aero com 1)4 2 * Caitis Aero pfd 10 16 First Nat. Coppepr 78 94 G ddfleld Con 5 7 Havana Tobacco 1 i% Havana Tobacco pfd 4 6 Jumbo Extension 3 5 Imperial Oil (Del.) 8 8% Internat. Petroleum 15 15% Nifiissing 5% 5’,4 Standard Motors ,3% 4V4 Salt Creek 13 13% Tonop b Extension 17-16 1% Tonopah M n.ng 1% 1% Cnited P S new IV, 1 5.1 t; V. S. Light & licit 1% 1% F. S. Light & Heat pfd.... 1% 1"4 V rlglit MatFn 2 5 Yukon Gol I Mine Cos 1% 1% Jerome 12 22 New Co-nc'ia 14 15 United Verde 26 27% Sequoyah 6 10 Omar Oil 91 95 Rep. Tiro 17 25 CHICAGO PRODUCE. CHICAGO, Oct. 15. —Buttar —Receipts, 10,000 tulm: creamery, extras, 44%c: firsts, 23(5.'1e; packing stock, 23@24e. Eggs—Receipts, 5,400 cas s; current receipts, 41®:42c; ordinary firsts, 39%-10c; firsts, 42®'44c; checks, 23@25c; dirties, 25(5.27c. Cheese—Twins, new, 19%@20e: daisies, 21(521 %c: young Americas, 20® 29%c: longhorns, 19%® 20c; brick, 20%®! 21c. Live poultry—Turkeys, 28c; chickens, 19 1 : springs, 20c; roosters, 14c: geese, 21c: ducks, 2Ce. Potatoes—Receipts, 87 ears: Wisconsin and Minnesota whites, $2®2.25 per 150-lb bag: Minnesota and North Dakota Red Rivers, $1.50® 1 85: Ohios, [email protected]; Idaho Russets, [email protected].

INDIANA DAILY TIMES, SATURDAY, OCTOBER 15, 1921.

Indiana's Corn Crop Is 80 Per Cent of Normal Crop of Entire Country Is Estimated at 84,8 . Per Cent .

The condition of the corn crop of the State of Indiana on I ( last day of last j month Was SO per ceiu of normal and of! the United States 84.8 per cent of normal, according to a report is .ued today by the Indiana Legislative Reference Bureau, cooperating with the United States 1 Agricultural Department. Much damage was done to the corn crop by rains and winds during September. while the damage by ear worms is estimated at 5 per cent. The report in full follows; “Corn condition generally was more even throughout the State on the iir.st of the month than any time since planting. The average was 8.) per cent of normal and indicates a production of 100,711,000 bushels, compared with 103.620,000 bushels shown lor September and 184,072,000 bushel* harvested last year. While the month as a whole was favorable to ripening and harvesting the corn crop, considerable damage was done by wind and rain. Ear worms are very numerous and damage from this source will amount to liilly 5 per cent. Chinch bugs also have done some damage. “The condition of corn for the United States was 81.8 par cent of normal on Oct. 1, from which a total production of 3.164,000,0(6 busbe.s is indicated compared with 3.186,000,000 bushels shown for September and 3,232,307,000 bushels harvested last year. v “The average yield of spring wheat in Indiana was uu bushei j£r<_iiter than winter wheat, tliirLjn businus per acre, and indicates a production of 52.000 bushels compared with 41),0ji) busheis suown for September and 140,000 bushels harvested last year. The quality is $2 per cent of a high medium grade. “The average yield of spring wheat per acre for the united States was 10.9 busaels and indicates a totai protraction of 196,000,090,000 bushels compared witu 209,9i9,000 bushels shown for September and 209,365,000 bushels harvested last year, 'i he quality is 82.2 per cent. ‘On the first of October there was 7. 273,000 bushels of wheat remaining on luuiaua farms, of whien uear.y 3,000,000 bushels will be tisrd for seed. For the l nlted States the amount on farms is 418,8<9,000 bushels with seed requirements ,<( approximate,v 85,000,000 bushels. OAT CROP POOIiESI ON RECORD. ' Tne average yield of oats was oulv 24 bushels per acre and is one of the lowesl ever harvested in the Slate. On this figure a production ot 15,000.000 bushels is indicated, compared with 45,073,000 bushels shown for September and 75,873,000 bushels harvested last year. In point of feed value, the crop is one of the poorest ever produced, tne quality being only 71 per cent of a h%h medium grade. “For the United States the average of oats per acre was 23 3 bushels, from which u total production of *045,0 ■ i.o) ) Is indicated, compared with 1,09i),252.06D bushels shown for September and 1,526,055,000 bu: hols harvest'd last year. Th" qoa'iiy is 71.6 percent of a high medium grade. “Tne average yield of barley in Indiana v.ae 19 bushels per acre and is one of tli' lowest ever harvested ia the Ft ate. ii.i this figure a production of 1,311,000 bushels is indicated, compared with 1.387.000 bushels sh> wn for September an .I 2.025.000 bushels harvested last-year. The ouality is 75 per cent of a high medium grade. “For the T'nl'.’d S.ates the average yield of barley per a ue was 21.2 bushels fr-un which a total production *>f II'I.OOOOOO bushels is indl ate I. coin pared with 166,- : 906,000 bushels shown fur September an I i 202,024.0() bushels harvested last year. The qua’lty is 82.5 percent of a high medium grade. “The condition of buckwheat in Indiana on Oct. 1, was 84 percent of normal ami indicates a nrrdin*tl<’i of 100,0181 i bushels, compared with 110 090 bu lieri shown f r Se Member atnl 290,000 bushels , harvested lm t year. - I “For the United States the condition of buckwheat is 87.4 per cent of normal and indicates a total production if 14.000.i>03 bushels rumoured with 13 0“1.000 bush'ls shown f >r Smtember and 13.789,000 bushels harvested last year.

New York Bands (By I'leteh r American Cos. 1 FOREIGN GOVERNMENT BONDS. —Oct. 15Bid. Ask. i Arg. (U.) ss, Sept. 1. '45 65% Mi i Bel iau 63, J in. 1, ’25 JJS * 1*5% Belgian 7%b June 1, '45 I(U% 1 o 1 Belgian Bs, Feb. 1, 'll l 10% 1 \o% Berne Bs, Nov. 1, 15 101 lie. 1 .Chile Bs. leb. 1, ’ll 9,V% 93% Chinese (11. Ry.) ss, June, 51. 44 47% Christiania Bs, Oct. I, ’45 Copenhagen s 'in, July 1, ’lt.. >1 si % Danish Mun bs. l'eb 1, ’46..102 1 2% Denmark Bs, Oct. 15, ’45...1 3% Jot” ’Canadian 5%s Dee. 1, ’22.... 897, 91% •Canadian 5%5, Nov. 1, ’2; . Ss">, $Ol4 •Canadian 5%5, Nov. 1, 21., s;% pj •Canadian ss, Dee. 1, ’25.,... 80 87%. Canadian ss, Apr. 1, ’26 93% 91% •Canadian 5%5, Dee. 1, ’27... 1-8% t:*%. Canadian 5%5, Aug. 1, ’29.... 91% 95 Canadian ss, Apr. 1, '.31,... 93% 1)3% •Canadian ss, Oct. 1, '3l R;“, 15 •Canadian 5%5, Nov. 1, '3(... ss% v.i% •Canadian 5%5. Nov. 1, |,,. 8.% 19 Canadian 5.--, Mcb. 1, ’37 ::>* I2F, •Canadian 5%5, Dec. 1, '57... 19% M% •I rencU (V.) 5% opt. f>B •French Is. Opt. '43 i(i IS .•French (Piem.) 5s Issuo '23. (91 os I‘French 6s, Opt. ’3l ' ; 14 French Bs, Sopt. 15, ’45.... ia % #9-'% •Italian (T.) ss, Apr. 1, 25.. 36% E 9 •Italian (War) 5s 2 v: h 30'.. Jap (Fir. 11 4%v, 8, b. 15. ”25.. 'I 81% Jap (S.) 4%5, July 10, ”25... 81 81%. I Jap 4s, Jan. 1, '3l (ii% 18 , (Norway Ss. Oct. 1, ’4O 10 > 135% 1 Russia.l <>%s, June 18, ’1!'.... 1' 1 j 17 Russian 5%5, Dee. 1, ”21 1; 15% •Russian 5%5, Feb. 14 ’26... 3 (i Sao Paulo Bs, Jan. 1, ’36.. 9'.% Swedlah t's, June 15, ".!!> ;.:i 1 .Swiss 5%5. Aug. J. %9 91% 91% Swiss Bs. July 1, ’4O 1 .6% 107 U. K. si.ts. Nov. 1, ’22 9N% y.i‘% U. I\. 5%5, Aug. 1. ’29 9>Ts 90% U. K. 5%5, Feb. 1. ’37 88% 89% •I’. K. (V.) 1-, Issuo ’l9 293 506 *F. K. (W. L.) ss, (let. 1, ”22.388 40) •C. K. (W. L.) ss, Feb. 1, ’29.375 .587 Zurich ns, Oet. 15. ’45 PH", 101% I Brazil Bs, ‘.8.1% 99% French 7%9 93% 111 Uruguay Bs, 98% 99 Argentine 39% 99% •internal Loans. CORPORATION BONDS. Bid. Ask. Alum. Cos. of Am. 7s, Nov. ’25. 99 99% Aiu. Cotton Oil (is, Sept. 2, ’24 90 % 90% Amer. Tel. os, Oct., ’22 99% 99% Amer. ’Pel. (is. Feb., ’2l 98% 98% Amsr. Thread 6s, Dec., ’28... 97*4 98 Amer. Tob. 7k. Nov., ’2l 100% 101'% Amer Tob. 7s, Nov., ’22 101% 101)4 Amer. Tob 7s. N'ov., '23 91 91%. Anaconda 6s, Jan., '29 si',% 96% Anaconda 7s, Jan . ’29 96% 96% *Anglo-Ain. Oil 7%5, Apr . ’25..1.10% 192% Armour 7s, July 15, ’3J 99“:, 100% Atlantic lief. <i%s, Midi.. ’3l. .102% 10.3% Bell Tel. of Can. 7s, Apr.. ’25. 97% 98% Beth. Steel 7s, July 15, ”22. .100% l'*o% Beth Steel 7s. July 15, ’23... 98% 98% Can. Pacific (is, Mch. 2, ’24... 98 % 98% I Cent. Arg. Ry. (is. Feb., ”27.. 85% 86!4 IC„R.I. &I' (is, Feb., ’22 99% 99% Con. Gas. Bs, Dec., '2l l<io% 100 . Copper Exp. Ss, Feb. 15, ’22. .100% 101 Copper Exp. Bs, Feb. 15, ’23. .100% 101% Copper Exp. Ss, Feb. 15, ’24..101 101% Copper Exp. Bs, Pel). 15, ’25..102 102% Cudahy 7s, July 15, ’23 99'% ICO Fed. Sugar (is, Nov., ’24 90 ' 9(1% Goodrich 7s, Apr., ’25 91% 95% (iulf Oil 6a, July, ’23 08% 93% Gulf Oil 7s, Feb., ’33 99J . 99% Hocking Val’cv (is. Mi 11., ’24. .95’- 90% Humble Oil 7s, Mch. 15. ’22 .97 ■/ lbs*.* Int. It. T. 7s, Sept , ”2 76 79 K. C. Terra, (is. Nov. 15, ’23.. 98 98’% Laclede Gas Vs. Jan., ’29 93% 94!+ Lig. & Myers 6s, Dec., ’2l 100 1001% Proctor & G. 7s, Mch., ’22 103% 100% Pro: tor A G. 7s, Mch., ’23...100% 101% l’uli. Ser. N. J. 7s, Mch., ’22.. 97% 93% It. J. Reynolds 6s, Aug., ’22..100’ 100% Sears Roebuck 7s, Oct. 15, ’2l. 99%, 100% Sears Roebuck 7s, Oct. 15, ’22. 90 99% Sears Roebuck 7s, Oct. 15, ’23. 98 98% Sinclair 7%5, May 15, ’25.... 93% 93% Solvay & Cie Bs, Oct., ’27 99" 100% Southern Itv. 6s, Mch., ’22... 98% 99 S. W. Bell Tel. 7s. Apr., ’25.. 98 V 99 Stand. Oil (Cal,) 7s, Jan., ’31.104’ 105 Std. Oil (N Y.) 7s, Jan.. ’25-'31.102' .107% St. Paul U. D 5%5, Dec. 15, ’23 97' 98% Swift 7s, Oet. 15, ’25 99% 100% Texas Cos. 7s, Mch. 1, ’23 109% 100% i’tah Sec. 6s, Sept. 15, ’22.... 92% 93)4 Waltham ’a’ h 6s. Aug., ’24. 87 92 Western 1 v i7s, Apr., ’25..,.100% 101% WestnglmA,j 7s, May, 31... 102% 103%

“The condition of white potatoes in Indiana on Oct. 1 was only 40 per cent of normal from which a production of 3,776,600 is indica.’d. compared with 3,324,000 bushels Shawn for September and 7,680,000 bushels harvested last year. “For the United States the Oct. 1 condition of white potatoes is 66.5 per cent of normal and indicates a total production of 315.600,000 bushels compared with 322,985,000 bushels shown for September and 430,458,000 bushels harvested last year. “The condition of sweet potatoes in Indiana on Oct. 1 was 83 per cent of normal from which a production of 341.000 bushels is indicated, compared with 304,000 bushels shown for September and 360.030 bushels harvested last year. “For the United States the Oct. 1 condition of sweet potatoes is 77.0 per cent of normal and indicates a total production of 106.600,000 bushels compared with 110.164.000 bushels shown for September and 112,368,009 bushels harvested last yeas. TOBACCO 80 rER CENT OF NORMAL. “The condition of tobacco in Indiana on Oct. 1 was 80 per cent of normal, from which a production of 11.020.000 pounds is indicated compared with 10.577.000 pounds shown for September and 18,000,009 pounds harvested last year. “For tha United States the Oct. 1 condition of tobacco is 75.6 per cent of normal and Indicates a total production of 992,000,000 pounds compared with 918,321.000 pounds shown for September and 1,508 034,000 pounds harvested last year. “The apple condition in Indiana is 20 per cent of normal and Indicates a crop of 1,716,000 bushels compared with 1,571,noo bushels shown for September and 0,097,000 bushe'g harvested last year. “For (he United States the apple condition is 33.0 per cent of normal and indicates a total production of 109.000.000 bushels, compared with 109 166,020 bushels shown for September and 240,442,000 bushels harvested last year. The commercial crop for the United .States is approximately 19,800.000 barrels compared with 36 272.000 barrels harvested last year. “Th' clover seed condition In Indiana is 59 per cent of normal and Indicates a produ tlon of only bushels, c, mpared with 81.003 bushels shown for September and 142,000 bushels harvested last year. < “Alfalfa seed thrashed out only 1.4 bushels p t acre on 10 per cent less acreage than harvested last year. “The condition of pastures In Indiana on O t. 1 was 95 per cent of normal and for the United States it was 84.8 per cent if normal. Both figures are exceptionally high for this time of the year. “The condition of grain sorghum in Indiana on Oct. 1 was 83 per cent of normal. Fie’d peas showed a condition of 85 per cent of normal on th" same date. “The production of field beans in Indiana was S3 per cent of a normal yield of grain and 87 p"r cent of a normal yield of forage on approxlrnate'y the same acreage as wa* harvested last year. "The production of tomatoes In Indiana was 81 per cent of normal and the acreage was 82 per cent of that harvested last year. "The average yield of cabbages was 32 tans p r nor •. "h; h Is about t<vo-thiriis of a normal yi ’d. and the acreage harvested amounted to 75 per cent of last year's. “Union# averaged 200 bushel* per acre in Indiana, which is about SO per cent of a normal yield, and the acreage was 15 per cent less than in 192)). “Indiana grapes showed 62 per cent of normal on Oct. 1, and pears only 2.) per cent of normal. “Broom corn averaged 330 pounds per a "re in Indiana on 8 per cent less acreage than was harvested last year. “Tiie condition of sorghum cane and sugar beets in Indiana on Oct. 1 was 82 and 78 per cent of normal. respecitvelV. “The total acreage devoted to nil fieid crops in Indiana this year was 2 per cent less than in 1920.'’

Local Stock Exchange l —Oct. 15— STOCKS. Bid. Ask ! tnd. Ry. A Light com 63 Iml. l’.y. A Light pfd 75 Indp’.s. A S. 14. pfd ... 75 1 ndpls. A N. W. pfd 75 Indp’s. St. Ry 41 T. H., I. & I-. pfd T. H , !. A E. pfd 15 T. H , 1. A- 14. com 5 C. T. of Did. com 1 F. T. of Ind. Ist pfd 7 l . T. of Did. 2d pfd 2 Advance Uumlcy com 11 ... Advance-Itumley pfd ... Am. Central Life Am. Crcosiding pfd 91% 100 •i’.e't. R. K. com 56 60 •Belt It. 1C pfd 43 53 Century Bldg Cos. pfd 91 citizens (ias Cos 22 28 Dodge MfCo. pfd 85 ... Horn'? Brewing 52 ... Did. Hotel com 60 ... Ind. Hotel pfd 93 Ind. Nat. Life Ins. Cos 3% ... Did. Title Guaranty Cos BO Ind, Pipe Lines 80 86 Didpls. Abattoir pfd 40 50 Pulp's (.: .< 41 49 Ind pis. Tel. Cos. coin.. 2 ... Didpls. Tel. Cos. pfd 99 Mer. I ut). I'til. pfd 41% 51 Nat. Motor Car Cos 3 6 lull B'av. Ins. Cos 4% ... Ranh Fertilizer pfd 40 Stand. Oil of Indiana 76 78 sterling Fire Ins. C 0...... 6% 7% Van Camp llilw. pfd 91 101 Van Camn Prod. Ist pfd 101 Van Camp I rod. 2d pfd 101 Vanda ia Coal Cos. c0in...... ... 5 Vanda’in Coal Cos. pfd ...... 5 10 V.'abnsh lty. cam Wabash Ry. pfd 19% ... BONDS. Broad Ripple 5s 59 ... Citizens St. R.v. 5s 65 fit) Indian Cr;ek Coal & Mine. ... 100 Ind. Coke A Gas (is 90% Didpls. C. A South 5s 88 ... imipis. A Martinsville 55... Bo ... I ndliN. Northern 5s 38% 41 Tm'pls. A- N. VV. 51 50 r,w Indpis A S. K. 5s 45 Tml pis. S. V S. E. 5s 70 Indp s. St. Ry. 4s fii Imipis. T. & T. 5s 68 74 ind. Coke and Gas Os 92 T. 11.. I. & 14. 5s 46 I'. T. of Ind. 6s 48% 52% Citizens Cue Cos. 5s 73 So Indp’s. Gas 5s 71% 80 Kokomo, M. & W. 5s 77 Did. Hotel Cos. 2d 6s 93% ... Didpls. Light A Heat 5s 75 SO Inpls. Water 4%s 05 74 Imipis. Water 7>s 89 91 Mch. H. A L. 5s 89 New Tel. Ist Os 94 New Tel. 1.. D. 5s 93% ... S'on. Ind. Power 5s 90% ... •Ex dividend.

Local Curb Market (By Newton Todd ) —Oct. 15Bid. Ask. Am. Hominy com 16 Burdick Tire and Rubber.... 1 1% Central and Coast Oii 1% 4 Choate Oil Carp 1 1% Columbian Fire Ins. Cos 6 7% Comet Auto 1% 2% Dayton Rubber Units 61 70 Duesonber;: Motor com 10 70 Elgin Motor Car 3% 5 Federal Fin. Cos. pfd 75 85 Fed. 111). Cos. tam 123 130 Gt. Sou. P. & It. Units 5% 6% Haynes Motor com 118 llurst A Cos., pfd 42 62 Hurst A Cos., com 1 1% Indiana National Bank 260 270 Indiana Rural Cred’ts 49 62 I ndpls. Securities pfd 1% 2% Metro G-50e Stores com 10 14 Metro 5-50 e Stores pfd 28 S3 Revere Motors % *4 Ranch & Long units 45 53 Rub-Tex Units 16 19 State Savings A Trust C 0.... 8!) 93 Ptovens-Duryra I nils 43 5O U. S. Automotive Units 100 110 U. S. Mtg. Cos. Units 163 173 FLOUR AND MEAL. * E-Z bake bakers' flour in 98-lb. cotton bags $ 8.80 Corn meal in 100-lb. cotton bags...., L 75

WEAKNESS MARKS TRADE IN GRAINS All Values Fractional LowerProvisions Irregular. CHICAGO, Oct. 13.—Crain prices dropped fractionally on the Chicago Board of Trade today. Wheat started slightly higher and cdmmlssion houses sold heavily, forcing the prices down toward the close. There was little selling at the opening, causing the advance. Receipts were heavier. Provisions .vere irregular. December wheat opened up %s at $1.15% and closed unchanged. Slay wheat after opening up lc at 51.20%, closed off %o. December corn omened up %c at 48c and closed down %c. May corn opened up %e at 53%c and closed off <H,c. December oats opened up %c at 34%0 and closed unchanged. May oats opened up %c at 38%c and closed unchanged. (By, Thomson & McKinnon.) Wheat—Washington has not yet issued a report on the reserves, but the Indiana State report gives 419,000 bushels still remaining on farms in the United States. This compares with 478,000.000 bushels a year ago. It is expected Washington will issue a report on Monday, which will include the stocks in mills and elevators. The figures as Issued were give' moderately bullish construction by active traders, but these figures do no moie than confirm what we have already known; namely, a very free movement to market. This bullish construction is derived from the assumption that a demand from abroad must again appear for United States wheat. Whether or not this demand appears,ultimately, there is, at the present time, a very slow export trade and the Canadian crop is moving freely. Sentiment is mixed; those who are friendly point to the small reserves, while those who favor lower prices mention tlie excessive amount in the visible, the liberal amount in passage and the poor foreign outlet as evidenced by congestion at Gulf ports and at Montreal. At tha moment the issue is considerably clouded and it is hoped that the issuame by Washington of figures covering the entire reserves will clear the situati >n to some extent. It is not logical to assume that important strength will be maintained so tong ns the export takings are as small as at present. Corn and oats —The movement of old corn from the country is still in excess of requirements. The r.ew crop is moving in a small way and is selling at extreme discounts. It will be very difficult to maintain strength In prices until the hedging load is lessened, of which there is no indication. The movement of oats from the coinntry is not heavy, but the demand is distinctly disappointin'*. This market will continue to take its color from the superior grains i’rovisions—There has been very little pressure on bog produets, but su'h demand as aonears is from former sell ws. The cash situation d"es not improve mil until it d"cs prices should not. logically, advance other than temporarily. CHICAGO GRAIN TABLE —Oct. 15WHEAT— Onen. High. Low. Close. Dec 115%, 116% 1.15 1.15% May.... 1.26% 1.21 1.18% 1.20 CORN— Dee 48 .4.8% .47'; .47% May 53% .53% .52% .53% OATS— I lee .34% .34% ,33 ‘s .31% May.... .38% .38% .88% -38% Fork—- • Jan 15.00 LAUD— Oct 9.05 9.05 9.00 9.05 .Tan.... 8 80 8 82 8.75 8.82 RIBS—--4 let 0.73 6.75 6.60 0.62 •Jan 7.62 i R V E— Dee 92% .92% .99% .92% May 96% .97 .96% .96% •Nominal. CHICAGO CASH GRAIN. CHICAGO, Oct. 15. Wheat —No. 2 mixed, $1 12%. Corn —No. 2 mixed. 46if? 46%c; No. 2-white, 46%c: No. 2 yellow, 46 1 .'0'46%<•; No. 3 mixed, 43%frt43%r; No. 3 yellow. 46c; No. 4 mixed. 45c; No. 4 yc’low, 44%c. Oats—No. 2 white. 3352 35%e; No 3 white, 30%<&31%c; No. 4 white, St)b 30Vic.

TOLEDO GRAIN TRICES. ; TOLEDO, Oet. 15.—Wheat—Cash. $1.30; [Di r miller, $1.32; May, $1 %8. Corn — 'Ca h. 53<g,54e. Oats—Cash, sn® 39c. Kye —Cash, 92c. Barley—Cash, tic. PRIMARY MARKETS. (By Thomson & McKinnon) —Oct. 15— RECEIPTS. Wheat. Corn. Oats. St Joseph... 64,000 42,0.0 2,000 1 Chicago 59 <iOO 93- (*xt 216,000 Milwaukee .. 9.000 64.600 97 009 Minneapolis . 600,000 33,000 218,000 Duluth 407.0 H) 74,060 | -St. Louis .... 94,000 88.000 112,060 Toledo 6,000 6,000 O.OOJ ! Detroit 3.000 6 009 4.00 > Ivnmug City.. 213. UK) 53,000 29.000 Omaha 64,000 22.000 26,000 Indianapolis... 12,000 53,000 52,009 Totals 1,591.000 Year ago. ..I.tSiS.OOO 623,000 833,0a0 SHIPMENTS. Wheat. Corn. Oats. j St. Joseph... 24.U10 20.(100 I 21,009 370.(4)9 4'il.K*9 | Miluaukee .. ''."O' 1 266.000 43,030 | Minuenpol s . 21!.(H>.1 25,000 34.U00 Dlllllth 62N.UHI ! St. Louis .... 73,000 10.0.>0 (IS.IK® : Toledo 30.090 10,090 8.909 Kansas City.. 251,000 is.OOO 17.099 : Omaha 115,000 80.009 28.000 1 Indianarolis... 5.000 11,000 32,000 Totals ... .1,372.000 810.099 €35.090 Year ago... 674.090 2’3,900 514.900 CLEARANCES. Wheat. Corn. Oats. | New Orleans. 360,0)0 Totals 300,0)0 Year ago... 110,900 INDIA NATO LIS CASH GRAIN. —Oct. 15Bids for car lots of grain and hay at the call of the Indiauapolis Board of Trade were: Wheat —Firm; No. 2 red. $1.29© 1.30. Corn —Steady: No. 2 white, 48©49%c; No. 3 White, 47%® 19c; No. 2 yellow, 4i% ©-!9!jC; No. 3 yel ow. 46'j(5 49c: No. 2 mixed, 47®48%c; No. 3 mixed. 4(l%fti4Bc. Oats—Firm; No. 2 white, 30@37c; No. 3 white, 31®,35c. Hay—Steady: No. t timothy. sl7® 17 50; No. 2 timothy. 51651® 17; No. 1 light ctover mixed, sl6'ul6 50; No. 1 clover hay, $16@17. s 1 car. Corn—No. 1 while, 19 cars: No. 2 white, 2 cars; No. 3 white, l car: No. 4 white, 2 car*; No. 1 yellow, 3 cars; No. 2 yellow, 10 cars; No. 1 mixed. 3 cars; No. 2 mixed, 1 car; total, 32 cars. Oats—No. 2 white, 8 cars: No. 3 white, IS cars; No. 4 white, 6 cars; No. 3 mixed, 1 car; total, 33 cars. Rye—Sample, 1 car. Hay—No. 2 timothy. 1 car: No. 2 clover mixed, 1 car; total, 2 cars. BOARD OF TRADE STATEMENT. The weekly statement of the Indianapolis Board of Trade showing the output of Hour by local mills, inspections for the week and stock in store, follows: ’COMPARATIVE STATEMENT. Output of flour— Bbls. Oct. 15, 1921 9.994 Oct. 7. 1921 8,391 Oct. 11, 1929 8.667 Oct. 18, 1919 11.243 —Bushels Inspections for week— 192'3 1921 Wheat 21.069 12,999, Corn 394.090 76,000 Oats 295.001 121.0(00 Rye 4.090 STOCK IN STORE. Wheat. Corn. Oats. Rye. Oct. 15, 1921. ,(i.iS,S)K) 166.340 409,520 10.. 40 Oct. 16, 1920..283,720 274.020 571.210 2.00 ) Oct. 18, 1919..456,570 130,920 295,160 324.80 IIAY MARKET. The following are the Indianapolis prices for hay by the wagon load, delivered : Hay—Loose timothy, $17@18; mixed hay, $16@17; baled hay, $17@19. Oats—Bushel, new, per bushel 34©370 ; Corn—Old, per bushel, 55©00e. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying $1.12 for No. 1 red j winter wheat; sl.lO for No. 2 red winter wheat and according to test to* No. S Oats are quoted at 30c for No. 3 white 1 better.

In the Cotton Market Y'ORK, Oct. 13. —Generally higher prices marked the opening of the cotton market today. December cotton showed a decline of 7 points, while other mouths were 3 to 13 points above yesterday’s does. New Orleans and the trade were leading buyers on the Initial call. The local element with Liverpool tnd Southern spot bouses, sold. Throughout the belt favorable weather prevailed. Later, the list showed increasing strength and ot the end of tiie first fifteen minutes was about 18 points net higher. New Y'ork opening cotton prices. October, 18.59 c bid: December, in. 10c: January, 18.92 c; March, 18.85 c; May, 18.43 c; July, 18.03 c: August, 17.89 c bid. A reaction of from 10 to 15 points occurred in the iate forenoon, under local, New Orleans and hedge selling. The close was barely steady, net unchanged to 15 points higher. —Cotton Futures — Onen. High. Low. Close. January 18.92 19.62 1192 19.02 March 18.85 19.05 14 85 18.8S Mav 18.43 18.65 18.43 18.59 Julr 18.03 18.20 18.03 18.03 October 19.10 19.10 19.03 18.95 December 19.10 19.43 19.08 19.20 SWINE VALUES 35 CENTS HIGHER Hog Receipts Are Light and the Demand Good. RANGE OF HOG BRICKS. Good Good Good Oct. Mixed. Heavy. right. 10. $8.90 |S.9O@ 9.00 JS.9O 11. 8.65 B.G5© 8.75 8.65 12. 8.65 8.65((j) S.Jo 8.65 13. 8.40® 8.50 8.40 8.40 14. 8.50 8.50® 8.65 8.50 15. S.SS 8.85® 8.90 8.55 With receipts light and both local packers and shippers taking their usual quotas of swine prices were generally 35 cents higher in trade on the local livestock exchange today. There was a top of $8.93 on some few extra good hogs, while the bulk of the sales were made at $8.85. There was a good demand for pigs, which sold generally at the price of the loads, while a few brought as low as $8.50. Roughs also were in better demand thun usual, that grade selling at ?7''(.7.85, with the bulk at $7.59<}i7.85. Receipts for the day ran close to 5,500 and were practically all sold at an early hour In the forenoon. Receipts in cattle were extremely light anil speculators' were about the only active traders. Prices were genera,ly steady. • Sheep and lambs were steady, with receipts close to SuO and the demand fair. HOGS. Best light hogs, 103 to 200 lbs. average $ S.SS Over 339 lha B .i. ffl 8.85 200 to 59J ibs 8.85® 8.9.1 Sows 7.6042 5.85 Stags 5.0052 7/4) Best pigs, under 110 lbs 8.2.' sq 8.85 Top 8.!i0 Bulk of sales 8.85 CATTLE. I’rime cornfed steers, 1.300 to I.SbO 700(3 8.00 Ge<"i u ' Uolce t-leers 1,290 to 12W0 lbe 7.03© 7.5'J Goon to choice steers, 1 009 o 1,21)0 lbs 6-25(3 6.75 Goi,d to choice steers, 1.Ut.0 to 1,100 lbs 5.255® 6.25 Comm m to .ncd.uin iteers 800 to 1,000 lbs 3.25 —Heifers ana Cows — Good to choice heifers 7.OC@ 7.75 Medium heifers s.'Jotg: 6.25 U'omm.in to medium heifers .. 4.U0 f5 25 Good to choice cows 3.no(£ 4.50 Fair to medium cows 2.OU<& 3.00 CuSters 1.756 X 2.75 banners 75(3 2.90 —Bull*— Good to choice butcher bulls. 4.506 J 5.09 Bologna boils 3.5062 4.75 Light bologna bulla 3.00(3 3.75 Light to common bulls 3.00 —Calces — Choice veals 12.004212.50 Good veals 9.09^(10.50 Medirin veal# 7.50(3 Sak* Lightweight veals 4.5 <3 6.09 Common heavyweight v?as.. 4.00(3 5-00 —Stockers ana Feeders — Good to choice steers, unde" 800 lbs 5.00® C OO Medium cows 2.CO® So) Good cotvs 3.69® 4.1#: Good heifers 6.50® ~00 .Jedijm to good heifers 4.00(2 5.00 SHEEP AND LAMBS. Fwes ••• 2-00® 3.50 Bucks 2.00(i( 2.-#) Choice ewes and wether lambs. 8.0)<3 8.50 Secouds 6.50(0 7.50 Buck lambs 4.09(3 b.OJ

Other Livestock CHICAGO, Oct. 15. Hogs—Receipts. >4,000: market, steady to 19 cents higher; to 10 ceuts lower; light lights, steady to 19 cents higher; o’hers, steady to 19 cents lower; bulk of sales, $6.75®8.40; top, s*<.s9; heavies, sß®. '.50: mediums. $.>.25© 8.50: lights, $8.15© ■>00: light lights. $7.9 )©8.30; heavy packing sows, smooth, t-6.75®7.50; parking sow rough $6.25© 6.85; pigs, $7.05©8.40. Cattle—eeipts. 1.009; market, steady. Sheep and lambs—Receipts, 4,<KM; market, steady. CINCINNATI, Oct. 15—nogs—Receipts. 1.800; market, steady to 10 to 25 rents higher; heavies, mixed and mediums. $8.75; few. $9; lights, $8.75; pigs. $8.25; roughs, $7.75; stags, $6.23. Cattle—Receipts, 359; market, weak; bulls, weak; cu.ves, sll ©l2. .Sheep and lambr —Receipts, 260; market, weak; ewes, sl®3 '3; choice lambs, $5.75; seconds, $6.00©7; culls, $3.5.;© 4.50. CLEVELAND, fct. 15—Hogs—Receipts. 2,000; market, smw; yorkers, $0.10; mixed, $9.55©5.90: mediums, ss.'©; pits. $9.10; roughs, $7.25; sfitgs, $5.23. Cattle—Receipts, 400; market, steady; g >od t> choice steers. sß©9; good to choice heifers, ss® 6; good to choice cows. $4®4.50: gord to choice bulls, s3® 4: fir to goad cows, s2®3; commou cows. s4@s; iniikers. $215®75. Sheep and iambs—Receipts, 1,000; market, slow: top, $8.75. Calves— Receipts. 200: market, weak; top, sl2. EAST BUFFALO, Oct. 13—Hogs—Receipts, 3,000; market, steady: mixed and butchers, SB-10®8.60; good heavies. $5.25 (a 8.55; roughs, $5.56© 7; ljghts, sS.4s'it 8 65; pigs. $8.50® 8.65: bulk of sales. $8.40 ©B6O. Cattle—Receipts, 600; market, steady; native beef steers. sß®9; yearling steers and heifers, sß® 10; cows, $3.25 1. 5.50: Stockers and feeders, s3©o; calves. [email protected]: canners and cutters, $2.23® 3.25. Sheep and lambs—Receipts, 500; market, nominal. EAST BUFFALO. Oet. 13—nogs—Receipts. 2,09.); market, slow; yorkers, F9; pigs, $9; mixed, heavies. $9; roughs, ) ; 7®7.25: stags. sl®s. Cattle —Receipts. 225; market, slow; shipping ste*>rs. 5'.25 fr/935; butcher grades, $7.2'@.8.25: heifers $5.59fii7.50; cows. .-.1.:i0®5.;.9: bulls, $:;.25 ©5.50; feeders, $5®5.30; milk cows and springers, SSO )135. Calves —Receipts, 175; active; cull to choice. $'@13.59. Sheep and lambs —Receipts. 1.4(a): market, active; choice lambs, s9® 9 50: cull to fair, st'[email protected]; yearling, ss@7; sheep, #[email protected]. PITTSBURGH, Oct 15—Hogs—Receipts, 1,800; market, 25 cents higher: prime heavies, SO® 9.15; mediums, $9 13®' 9 23: h avy yorkers, [email protected]: light york-rs, [email protected]; pigs. $9.15©9.25: roughs, $6 I.'.® 7.73: stags. $4.50® 5: heavy mixed, $9.15® 9 25. Cattle—Receipts light; mark®, steady; choir,% s.B®;s.',(); prime, s7.so®s: good. $6.50®7.25; tidy butchers. $6.50©7 23; fair, SS(O 0.25; common. [email protected]; common to goed fnt bill’s. [email protected]: common to good fit cows, s2®: 5 50: heifers, [email protected]: fresh . cows and springers, fbe'f'Si; veal calves, sl3: h ai y and ttiin calves, s3®.B. Sheep and lambs —Receipts. 1,500: market, steady; prime weathers. $5.10® 5 25; good mixed. $4.30®. 5: fair mixed, $3.50®4.2.7; culls and commons, sl@2; choice lambs, $9 down.

[Honey to Loan on Mortgages STATE LIFE CO.

OTHER NATIONS PROTECT HOME MANUFACTURER Foreign Powers Take U. S. Stand in Putting Up Bari riers to Guard Industries. 1 | WASHINGTON. Oct. 15—Reports to the Federal Reserve Board today from all parts of the world show foreign naI tions adopting more rigid systems of import cud export tariffs In order to protect their home industries. Many ; nations have forged far ahead of the i United States in erecting tariff barriers I to guard against “dumping” and other 1 dangers. I “With the gradual elimination of war* time Government control of foreign trade, ’ since the armistice, there has been built up in industrial countries a more rigid, system of Import and export tariffs than existed before the war.” the board said. “In all cases the tendency has been to increase rather than to reduce rates. Increases in government expenditures sinco ' the war have been the cause of the ad- , vances. Restriction of imports in order to pay foreign debts is a determining factor with Germany and some of the other countries whose financial strength has been seriously impaired. In the case of the stronger countries, so-called antidumping provisions have been common." Nations generally are moving vigorously to give ample protection to all “key” Industries, and those that are considered essential from a defense point of view, the board said. Anti-dumping bills are characterized by provisions for import dulles on goods which are being brought into a country nt prices less than the cost of production in the place of origin. In some cases, provisions are adopted to eliminate price advantages of exporting countries with depredated exchanges.

RED INK SMEAR OYER NAME'OF J. H. HARTMAN On Shank Pamphlets Being Sent Cut to Women Voters. Thousands of copies cf the pamphlet, “Shank's Raco and as Mayor,’’ are being s,nt out of RcpuM'can headquarters to women voters by Mrs. Julia C. Henderson. secretary of the Republican womens organization, with the name of J. Herbert Ilr.rtman, nominee for city Judge, b’ntted out in red ink. Hartman's name originally was printed with those of Brother eight candidates on the back of the ramnhlet. Republican leaders said that in view of Hartman's statemer t following h'.s nrre* by Federal authorities that his personal reputation was worth more to him than th - fate of any ticket, and that once and f'ir all b; positively would not resign, there was nothing left f>r them to do but to instruct voters haw to operate voting machines so as to vote for all Republican nominees excepting liar.man, unless it is found possible legally to oust Hartman. Leaders are discussing with prominent lawyers the possibilities cf removing Hartman before next Wednesday when the city beard of election commissioners formally will close to® ballot lists. Samuel Lewis Shank. Republican nominee for mayor, will speak tonight at Missouri and McCarty streets with Robert R. Dalton and Thomas E. Dailey and at Maryland and West streets with Taylor Gronicger, Max Reisberg and Clinton Givan. lie speaks Monday noon to employes of the Indianapolis Abattoir Company end at Davison and Georgia streets. Liberty and Georgia streets, and Wyoming and High streets Monday night. Boyd M. Ralston, Democratic candidate for mayor, still U under his doctor's ord-rs not to leave his tome, it was reported at Mr. Ralston's office. Mr. Ralston has been confined since Friday morning wit'a an in'ection of the bronchial tubes, thought to have been caused by fiis heavy speaking campaign, including many outdoor meetings tbis week. Hie office reported that with rest over tiie week-end he was expected to be ready to return to the firing line Monday,

MOTORCYCLIST HITS ICE WAGON George Osterlng, S. Talbott Street, Tvlay Die. George Ostoring. 745 South Talbott street, was perhaps fatally Injured today when a motorcycle on which he was riding collided with an ice wagon driven by Finns Wagner, ncro. 700 Indiana avenue, in the 1400 block (if Union street. The wagon was going south and the motorcycle north. The motorcycle struck the wagon with such force that it broke rhe tongue and knocked over one of the horses, injuring it. Ostering was taken to the city hospital. Grace Gilmore, who was Injured In an automobile accident at Illinois and Norwood streets yesterday, was reported still In a critical condition at the city hospital. She has been unconscious nearly all of the time since the accident INSURE SELF—PROTECT FAMILY. Every subscriber of (his newspaper is entitled to the benefits of the Indiana Dally Times 81,000 Travel Accident Inutrance Policy. For detaiis phone Main 3330 or Auto. 28-331, TOLEDO SEED PRICES. TOLEDO. Oct. 15.—Clover seed—Cask, $12.50; October, $12.89; Deeembec, $12.8w; January. $12.93; February, $13.10; March, $12.99. Alsike —Cash, $10.75; October, *10.75; December, $11; March, $11.13 bid. Timothy—Cash. 1920. $2.70; cash, 1921. $2.8,0 bid: October. $2.80 hid: December. $2.85; January, $2.00; February, $2.95; March. $3. MOUNTAIN WRECKS 500 HOMES. VIENNA, Oct. 15.—Sand’ing. the moving mountain in the Salzkammergut district, has destroyed the homes of more than 509 farm-rs and foresters. It* movement is not expected to cease before winter.

FARM LOANS Reaccnsble Kates Limited Amount You Should Apply at Once Tbs. f. Bay & Cos. 700-715 Fletcher Trust Buildings

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