Indianapolis Times, Volume 34, Number 252, Indianapolis, Marion County, 2 March 1922 — Page 12

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LEGAL NOTICES. (Contlnned.) Is unknown, her husband, the unknown husbend of Frances Ford Rowley, the unknown widower of Frances Ford Rowley, deceased, the unknown heirs of Frances Ford Rowley, deceased, the unknown devisees of Frances Ford Rowley, deceased, and that the residence of each of the said defendants upon diligent inquiry, is unknown; that the names of the defendants sued in ‘his action as follows: The unknown husband of Frances Ford Rowley, the unknown widower of Frances Ford Rowley, deceased, the unknown heirs of Frances Ford Rowley, deceased and the unknown devisees of Frances Ford Rowley, deceased, are unknown and each of said defendants is believed to be a nonresident of this State; that said suit is prosecuted to foreclose a mortgage upon lands mentioned and described In said complaint and also to quiet the mortgage title, interest, lien and claim of said plaintiff, in, to and upon said real estate, as against all of the defendants herein first named and as against all demands, claims and claiman'-s aatsoever; that all of said defendants are necessary parties to said proceeding and that the said lands described in said ■ omplaint, is the following described real estate in Marion County, Indiana, towit: Lots numbered one (1), two (2) and three (3) in Meeh’s Fast Washington street addition to the city of Indianapolis, according to the plat of said addition as recorded in plat book 9 at page 137 thereof of the records In the office of the recorder of Marion County, Indiana. And. whereas, said plaintiff has, by written endorsement on said complaint, required said defendants to appear in said court and answer or demur thereto on or before the 12th day of April, 1922. Now. therefore, by order of said court. 6aid defendants above named are hereby notified of the filing and pendency of said complaint against them and that unless they appear and answer cr demur thereto at the calling of said cause on the 12th day of April, 1922. the same being the ninth judicial day of a term of said court, to be begun and heard at the courthouse in the city of Indianapolis. Indiana, on the first Monday of April, 1922, said complaint and the matters and things therein contained and alleged, will be heard and determined in their absence. RICHARD V. SIPE, Clerk. MEANS & BUENTING. Attorneys for Plaintiff. George F. Quick. 1322 Broadway. Call for Shubert-Murat Theater tickets. ' NOTICE. Department of Public Parks, Office of the Board: Notice is hereby given by the Board of Park Commissioners of the city of Indianapolis, Indiana, that sealed proposals will be received by it at its office until 3 o'clock p. m., on Thursday. March 16. 1922. for the furnishing of all material and labor for the construction of a concrete retaining wall along the west and north banks of Fall Creek from about Thirty-First street produced, to Ashland avenue. In the city of Indianapolis, in accordance with the plans and specifications which are on file and may be seen in the office of the Board of Park Commissioners of the city of Indianapolis. Bidders must accompany their proposals for said Improvement with a certified check for an amount not less than of the amount bid, as evidence of good faith that the successful bidder will execute within five (5) days from the acceptance of his proposal, contract and bond satisfactory to said board to do the work required: said check to be made payable to the Board of Park Commissioners of the city of Indianapolis and must be certified by a reputable bank or trust company doing business in the city of Indianapolis. A failure of the successful bidder to enter into such contract and bond upon the acceptance of one of said proposals will forfeit the check and the sum of money payable thereon to the city as ascertained and liquidated damages for such failure. An affidavit of non-colluslon as required by law must be furnished. The Board of Park Commissioners reserves the right to reject any or all bids. CHARLES A. BOOK WALTER. FRED CLINE. ALBERT M. MAGUIRE. SARAH E. SHANK. Board of Park Commissioners. City of Indianapolis, In'l.

Local Stock Exchange

March 2 STOCKS. Bid. Ask. Ind. Ry. & Light com 60 ... Ind. Ry. & Light pfd 75 Ind. St. Ry 41% 46 Indpls. & V. W. pfd 60 Indpls. & S. E. pfd 66 T. H. T. & L. pfd T ... H. i. & E. com. 6 T. H. I. & E. pfd IS t*. T. of Ind. com U. T. of Ind. Ist. pfd 3% 7 V. T. of Ind. 2nd pfd 2 Advance-Kumley com Advance-Rnmley pfd Am. Cresoting pfd 03% ... Am. Central Life HW Belt. K. R. com 60 ... Belt. R. It. pfd 40% ... Central Bldg. Cos. pfd ••• Citizens Gas Cos. 23% City Service com 139 104 City Service pfd 53 5o Dodge Mfg. Cos. pfd Home Brewing 44% ... Ind. Hotel com 80, ••• Ind. Hotel pfd 97% ••• Indpls. Nat. Ins. Cos 2 Ind.- Title Guarantee Cos ‘l Indiana Pipe Lines 9? Indpls. Abattoir pfd 47% ... Indpls. Gas 43% Indpls. Tel. com 2 . • Indpls Tel. pfd. 90 Mer. Pub. I tl. pfd 48% ... Nat. Motor Car Cos 1% 3 Pub. Sav. Ins. Cos ♦% ••• Rauh Fer. pfd *•% ... Stand. Oil of Indiana 57% Sterling Fire Ins. Cos 7% ••• Van Camp Hdw. pfd 90 .•• Van Camp Prod. Ist. pfd. ... ... 100 Van Camp Prod. 2nd. pfd. . ... 100 Vandalia Coal Cos. com Vandalia Coal Cos. pfd - - Wabash Ry. pfd 23% 20 Wabash Ry. com 7 9% BONDS. Broad Ripple 5s 60 65 Citizens St. Ry. 5s 73 76 Indian Creek Coal & Mine. ... 100 Ind. Coke & Gas 5s ... 86 Indpls. C. & S. 5s 90 Indpls. North, os 37% ... Indpls. & Martinsville os ... 59 Indpls. & N. W. 5s 48 ... Indpls. & S. E. 5s 43 Indpls. Shelbv & S. E. 5s 75 Indpls. St. Ry. 4s 59 62 T. H. I. & E. 5s 50 IT. T. of Ind. Cs 44 ... Citizens Gas Cos. 5s 85% 88% Indpls. Gas Cos 84% 89 Kokomo. M. & W. 5s 53% ... Ind. Hotel Cos. 3d 5s 95 Indpls. L. & H. 5s 80% ... 'ndpls. Water Cos. 4%5, .... 80 Indpls. Water 5s 94 98 Mer. H. & L. 5s 97 New Tel. Long Dlst. 5s 95 New Tel. Ist. 6s 95 Sou. Ind. Power 6s 88% Indpls. T. & T 75 •Ex-dividend 3 per cent semi-annual. Local Curb Market (By Newton Todd.) —March 2 Am. Hominy Com 14 22 Central'and Coast Oil % ... Choate Oil Corp % X Citizens Gas Cos. pfd 94 100 Columbian Fire Ins. Cos 6 7% Comet Auto % 2 Dayton Rubber Units 45 52 Lictograph Prod, pfd 29 34 D. W. Griffith 6 6% Elgin Motor Car 1% 3' Fed. Fin. Cos. pfd 77 S7 Fed. Fin. Cos. com 125 135 Gt. Sou. I’rod. Ss. Ref 5 5% Goodyear T. & R. con 10 12 Goodyear T. .V R. pfd 25 28 Ind. Rural Credits 50 CO Metro. 5-10 c Stores corn 4 5 Metro. 5-10 c Stores pfd 19 23 Nat. Underwriting 2% 4 Rauch *V Lang Units 21 28 Rub.-Tex. Units 13 18 Stevens-Duryea Units 21 28 I’. S. Aoto Units 50 58 U. S. Mfg. Cos. Units 147 157 BANK STOCKS. Comnercial Nat. Bank 71 81 Cont. Nat. Bank ICO 116 Ind. Trust Cos 175 190 Ind. Nat. Bank 200 276 Mer.. Nat. Bank 280 Security Trust Cos 130 State Sav. & Trust 92 98 Union Trust Cos 300 Wash. Bank S Trust Cos 150 RECEIVES LOCOMOTIVE ORDERS. NEW YORK. March 2.—The Lima Locomotive Company, according to an announcement of officials here today, has received orders for five consolidation type locomotive from the Toledo, St. Lonis & Western Railway Company and eight heavy mountain type locomotives -->tn the Burlington.

SPECULATIVE STOCKS LEAD TRANSACTIONS Market Displays Firm Undertone Despite Large Liquidation. SPECIALTIES ADVANCE Special to Indiana Daily Times and Philadelphia Public Ledger. BY MONITOR. NEW YORK, March 2.—On transactions aggregating nearly 1.000.000 shares the stock market displayed a firm undertone despite liquidation in large volume in a number of special issues. This selling was confined largely to those speculative stocks which have scored the greatest advances in recent sessions. This selling was accelerated in the last hour when Washington dispatches, indicated that the House Ways and Means Committee had agreed upon a plan for raising funds for the soldiers' "bonus.” Foreign exchanges were firm, but the grain markets were lower, and cotton also showed a small decline for the day. During the early morning session, a number of specialties were decidedly strong. Such stocks as Lima Locomotive, New York Air Brake, American Brake Shoe, United States Rubber and some of the motor and motor acessory stock, advanced from two to five points. Realizing sales in large volume were conducted during this period. This selling was well absorbed, and a second advance began toward noon, under the leadership of the equipments. Advance reports of an unfavorable statement to be made by the Pieree-Arrow Motor Car Company brought extensive selling into the list, resulting in sharp declines in the last hour. Despite this irregularity the market was by no means weak, and as many stocks showed gains for the day as losses. The rails were relatively inactive, and apparently were uninfluenced by a number of operating reports for January. Most Os them tell the same story—reduced gross and expenses and increased net income. This was almost uniform with such important lines as Pennsylvania, Reading, Canadian Pacific, St. Paul, New Jersey Central and Rock Island. The iron and steel trade reviews report a continanee of mill activities, although it is noted that forward buying has not appeared in volume, such orders as now are being placed, calling for immediate delivery. The small stocks thu3 indicated show a substantial back log for the future operations of the mills. Some irregularity in prices is looked upon as only a temporary condition, certain to be removed with the arrival of the time for filling spring necessities. Call loans renewed at 4% per cent, but later in the day the rate was advanced to 5 per cent. There was no great demand for funds, but available supplies also were limited, due in part to the interest disbursements incident to the first of the month. The foreign exchanges were firm. Sterling in particular advancing to anew high level for the movement when London sight drafts sold above 4.44. Francs and lire also were higher. Most of the minor continental rates were heavy.—Copyright, 1922, by Public Ledger Company.

WALL STREET GOSSIP BY MONITOR. Irregularity rather than sustained strength was the predominant feature of the market during the early trading. A number of special issues made new high record prices for the movement, but under cover of this strength there was evident liquidation In other issues. Heavy selling of the Pierce-Arrow issues in anticipation of an unfavo-able annual report waß tbe first unsettling factor which later was followed by reports from Washington indicating that the soldier “bonus'' bill, instead of being dead, is very much alive. Traders hurried to unload their holdings and this selling continued until the close. A large firm which urged the purchase of Pierce-Arrow common and preferred several weeks ago sent a message advocating converting paper profits into cash. The result was the offering of about 10.000 shares of common and half as much preferred stock at the market. Under the influence of this selling the preferred declined more than 3 points and the common about the same amount. Pierce-Arrow Motor Car Company report for 1921, made public late in the afternoon, showed a total loss for the twelve months prior of $8.76.'!,712. While a deficit for the year had been expected, so poor a showing took the financial district by surprise. The company reported surplus at the end of 1920 of 84.541.640, and after deducting preferred dividends, reported a deficit of $4,422,165. In a statement to the stockholders. Vice President N. E. Forbes said: “If business continues as our present increase in orders indicates, the results for this year should materially strengthen the financial position of the company. Inventories have been marked at cost or market, whichever is lower, and expenses drastically reduced.” Net working capital stands at $4,985,801. It is understood the company's financial needs for the current year have been provided. rr ;ward the close, buying was reported for bauking interests identified with the company. A spurt in the equipments during the middle of the day was tbfe result of the statement of the Lima Locomotive Company showing net earnings of $21.50 a share during 1921, as compared with $20.18 in the previous year. The report attracted attention in view of the recent reports of American Locomotive and Baldwin Locomotive, both of which had smaller earnings last year than were reported for 1920. The spurt in the equipments was not particularly impressive, although the buying of Baldwin in the late afternoon was of a substantial character. The trade reviews of the Iron and steel industry for this week are optimistic in that while contracts for future delivery remain small, immediate business continues to expand indicating the reduced stocks now being carried. The Iron Age says there was further expansion in steel making activity in the closing days of February. The l'. S. Sleet Corporation now is operating at between GO and 03 per cent of capacity, and the independents at about s*> per cent, so the new month opens with an average of 55 per cent for the country as a whole. Chandler Motors repeated it's usual performance of establishing new high price for the movement. There was some liquidation of speculative holdings above 72. but these were taken back below that price, and interests which have been large buyers recently were bidding actively for a large block of stock at 71 on the close. The directors meet next Wednesday, and will declare the 1% per cent quarterly dividend. According to reliable sources, the whole quarter's payment was earned during one mouth. Columbia Gas, which has been a strong feature during recent sessions, again pushed into new high ground when sales were made above 77. Earnings are showing a satisfactory increase, and there is talk of a larger dividend being authorized before the end of this year. The outstandiug characteristic of the railroad earnings reports for January was the practically universal decreases shown in gross and expenses and the almost equally universal Increases shown in operating income. The standard stocks of this group were comparatively neglected. although Union Pacific selling ex-dividend 2% per cent was Under speculative ,nre>*ure. Rock Island, which has been t: . leader of the low priced tails, was Hect to liquidating sales and show/" Jeeline of something more than 2 pol tom its recent high. It is current gos 'that the interests behind the recent alDanoe in Rock Island have been shifting from this stock into American Can ana Continental Can. Sears, Roebuck Company reports a decrease of 11.33 per cent in sales for February. and a decline for the two months this year of 10.13 per cent. The National Cloak and Suit Company, which

Is exclusively a mail order firm, reports an increase not only in the number of orders filled, but also in the total volume in dollars and cents. There is said to be a recently organized pool operating in the shares ol the latter company. The stock was strong and sold at the highest price in several months. Directors of the Lehigh Valley Railroad Company met and declared the quarterly dividends of 1% per cent on tbe common and 2% per cent on the preferred stock of that company. Directors of the Westinghouse Electric and Manufacturing Company met and declared the quarterly dividend of $1 each on the comtaou and jjreferred stocks of that company. Buying of an excellent character has been reported for some days in Cuban American Sugar and in American Sugar. The latter pushed into new high ground. Lower Wall Street, meaning thereby tbe sugar trade continues pessimistic; In its ideas of the price of the commodity, but tipper Wall Street, meaning thereby the financial district, takes the view that the worst has teen seen, and that the better class of sugar stocks offer large possibilities on the constructive side. Punta Allegri S;gar is said to lie under accumulation for interests identific" with the property. Copyright, 1922, by Public Ledger Company. I‘ “ ' N. Y. Stock Exchange (By Thomson Ss McKinnon) —March 2 Advance-R. com. 11% 13% 14% •_••• Ajax Rubber... I">% 15% 15% 15% Allied Chem. . 57% 57% 57% 57% Allis-Chaimers. 46 45% 46 46 Am. Beet S. ... 37% 37% 37% 37 Am. B. M 38% 38 38% 38% Am. Can 41% 39% 41% 40 Am. Car & F. .151 151 151 149% Am. Ice 99% 98% 98% 98 A. H. &L. pfd. 09% 09% 09% 09% Am. Inter. Corp. 41% 44% 44% 44% Am. Locomotive.llo 1<(8% 109% I'9 Am. Steel F. .. 33% 31% 33% 31 Am. S. & ltef.. 47% 47 47 47 Am. Sugar R.. 7211 69 72% 09 Am. S. T. Cos. .28 a 27% 28% 27% Am. Tel. Ss Tel.ll9's 119% 119% 119% Am. Tobacco . .139% 137% 13*9% 139% Am. W001en.... $5% 85% 85% 85% Anaconda 48., 48% 48% 48% Atchison 97 96% '97 06% Atl. Gulf & W.l. 25% 23% 25% 25% Baldwin L0c0..107% 105% 106‘s 100% B. & 0.......... 37% 37% 3i% 31% Beth. Steel (B. 04% 125 04% 63 Brk. Rap. Trans 10% 9% 9% 10% Cali. Pete 51% 51% 51% 51 Can. Pac. Uy...130% 135% 130% 130 Cent. Leather... 34% 33% 34% 33% Chandler .Motor 74% 71% 74% 74% C. & o 00% 59 00 59 CM. & St.P.com 23% 22% 23% 23 C.M. Ac St.P.pfd. 37 30 37 36% Chi. & N. W... 68 t!7% OS 67% C„ R. I. & P... 40% 39% 40% 39% C.1t.1.&P.0 c ,rpfd.. 79% 78% 79% . ... C.K.1.A:1’.7%p4d.. 91% 91 91% 92 Chili Copper 16% 10% 16% 16% Columbia Gas.. .77% 70% 70 77 Coca Cola 4.5% 45% 45% 441,. Cos!. Fuel & Iron 25% 25% 25% 20 Cons. Gas 97% 97 97 96 Continental Can 56% 55% 50% 55% Corn Prod. .. 102% ld'2% 102% 101 B Crucible Steel .. 57% 55% 50% 50 Cuban Am. Sag 21% 19% 21 19% Cuban Sugar.. 10% 10% 10% 9% Del. and Hud . 110% 110% 110% 111% Del. and Lack. 115 114% 115 114% Dome Mines .... 25 24% 24% 2.% Erie 10% 10% 10% 10% Erie Ist pfd. .. 17% 17% 17% 17% Endicott and ,1. 80% 80% 80% 81 Famous Ply'rs. 82% M% 8”% 81% Fisk Rub 13% 13% 15% 13% tien. Asphalt ~ 63% • 3 63% 02% General Cigars.. 07% 07 67 Gen. Electric.. .153% 152% 152% 153 Gen. Motors.... 8% 8% 8% 8% Goodrieh 37% 37% 37% 38 tit. North, pfd.. 75% 75% 75% 75% (Jr. North, tire.. 35 .'25 35 35 Gulf Sts. 0i1.... 73% 70% 73% 70% iiupp ~r u% n% 14% i4-% Houston 0i1.... 70 75% 70 75% Inspir. Copper.. 38% 38’ t 38% 38% lot. Harvester. 91 90% 91 90% Inter. Nickel... 12% 14% 12% 11% Inter. Paper.... 48% 48 48% 4H% Invincible Oil.. 17% 17 17% 17 K. C. Southern. 25% 25% 25% 25% Ivelly-Spg. Tire. 41% 40% 41% 41 Kenuect. Copper 28% 27% 28% 27% Lacka. Steel.... 45% 45% 43% 45% Lee Tire A: Rub. 29% 29% 29% 28% Lehigh Valley.. 59% 59% 59% 59% Martin Parry.. 28 27% 27% 27% Loews, lue 13% 13% 13% 13% 1.. & N 113% 113% 113% H3% Marine pfd .... 71% 70% 71 71% May Stores 112 112 112 113% Maryland 0i1.,. 27% 20% 27 27% Mex. I’ete 124% V 22 121% 123 Miami Copper... 27% 20% 27% 20% .Mid. States oil. 13% 13 13% 13% Midvale steel... 80% 29% 29% 29% Mo. Pac. Ity 23% 22 23 22 Mo. Pac.ltv. pfd 55% 53% 55% 53% Mont. & Ward.. 15 14% 14% 15% Nat. Lead 87 87 87 88V* Nev. Con. Cop.. It 13% 14 14 N.Y. Airbrake. 6 4 04 04 62% N. Y. Central... 79 77% 78% 77% New Haven.... 17V* 16% 17 17% Norf. & West... 09% 99% 09% 99% North. Pacific.. 79% 79% 79% 79% Okl. l’ro. & Ref. 2% 2% 2% 2% Owen Bot. coni. 29% 29% 29% 29% Pacific Oil 49 4S-4 4.8% 48% I’nn-Am. Pete.. 50% 55% 50% 55% I’en na. Ry 35% .'ts% 35% 35% People's Gas... 74% 7i% 71% K3 Pere Marquette. 20% 20% 20% 20% lierce-Arrow.. 17 15% 16% 16% Pierce Oil 7% 7 7% 7% Pliun. Pal. Car. 110% 115% 115% .115% Pure Oil 31% 33% 34% 53% Ity. Sti. Spgs... 97 97 97 Reading 74% 73% 74% 74 Itep. Irn. Ss Sti. 48% 4"% 48% 47% Iteplogle Steel.. 80 29% 30 30% Ityl. Itch. N. Y. 53% 52% 53V* 53% Sears-Itocbuck.. 09 08% 08% 09 Sinclair 23 22% 22% 22% STL&SW. Ry. 28% 28 28% 27% Sou. Pac. 81% 84 84% 84% Sou. Itv 2! 20% 21 21V, Stand, 'oil. Cal. 90% 90% 90% 90% Stand. Oil, N. J. 181% ISO ISI 180 STI.&SF. com.. 28% 28% 28% 28% Stewart Warner 31% 33% 34-, a 34 Stromberg 44% 43% 4i% 43% Studebaker ... 100% '.<B% 100% 99% Texas Gas ..... 45% 45 45% !•>% Texas Coal .... 27% 20% 27% 27 Texas i'o 40 45% .46 45% Texas Pac 32% 51% 32% 32 Tob. Prod 59 57 % 58 58% Trans. Oil 9% 83, 9 9 8, Union Oil 18 17% 17% 18 Union Pacific ....132% 130% 151% 150% United Drug,... 62 01 01 % 63% United Fruit ...141% 141 141 139% U.R. It. Stores.. 44% 45% Jl% 44% U.S.C.Iron Pipe 29% 26% 29 20 U.S Indus. Alco. 44% 45% 41 44% F. S. Rubber... 58% 57% 58% 57% IT. S. Steel 95% 93% 95% 94 U.S. Steel pfd ..110 115% 110 115% Utah Copper 63 02% 02% 62% Van. Steel 37% 36 37 30 Wabash 7% 7% 7% 8 Wabash Ist pfd 24% 23% 24% 21% Wilson & C 0.... 59% 39% 39% 40 West. Union... 92% 92% 92% 92% West’liouso elec 55% 55% 55% 55% White Motors... 39 38% 39 39 W-Overland .... 5% 5% 5% 5% White Oil 9% 9% 9% 9%

NEW YORK LIBERTY RONDS. •—March 2 I’rev. High. Low. <'lose. ('lose. L. B. 3%s 97.06 97.00 97.00 97.00 L. B. Ist 48 97.20 92.02 97.2!) L B 2d 4s 96.96 90.96 L B. Ist 4%5.. 97.40 97.26 97.32 97.30 L B. 2d 4%s 97.14 97.00 97.14 97.04 I, R. 3,1 4%s 98.18 98.10 98.18 98.10 L. B. 4th 4%5.. 97.44 97.30 97.44 97.36 Victory 3%s 100.00 100.00 Victory 4%5... .100.28 100.24 100.28 100.20 CHICAGO STOCKS. (By Thomson & McKinnon.) —March 2 Open. High. Close. Close. A. Shipbuilding 87% 92 87% 92 A. *k Cos. pfd... 98 .... .... .... CC& C Itys. pfd. 8% 8% 8% 8-; C. E. Itys. pfd. 4% Cudahv C 8 Com. Edison.... 119% 119% 119% 119% Con. Motors ... 5% .... Deere & Cos. pfd. 71 72 71 file nr 1 Motors ... 2% 32% 3 Libby-McNcill . 6% 7% 6% 7% Mont. Ward ... 15 Nat. Leather .. 3% Do new 10% 10% 10% 10% Pick &Cos 23% 23% 23 23 P. Wlgglev “A” 31% 35% 34% 35% Stewari-War. .. 34 34% 33% 34% Swift Inti 23 23 22% 22% Thomp. (J. It.) 42% 43 42% 43 Terator Corn A. 3 Union C. &C. . 50% 50% 50% 50% Wahl 65% 69 65 % 68 Wrigley 102% Yellow Taxi .. 67% 69 07% GS% NEW YORK COFFEE. NEW YORK, March 2.—Coffee values were firm in trade on the exehauge here today, opening options being C to 9 points higher. Rio No. 7, on spot, at B%©9e per pound.

INDIANA DAILY TIMES, THURSDAY, MARCH 2, 1922.

STOCK MARKET CLOSES STRONG Some Issues Move to New High Figures for Year. NEW YORK, March 2.—The stock market closed strong today. The market continued active and strong in late dealings, many issues moving into new high ground for the year. United States Steel sold up to 9o and Gulf States Steel touched 73%. Sloss-Sheffield was weak following the deferring of the preferred dividend. The common showed a loss of nearly 4 points at 35%, while the preferred was C points lower at 65. .... Chandler Motors continued in demand, showing a gain of nearly 3 points at |74%, while Studebaker held around 100Vr. . . , Mexican Petroleum rose over 2 points to 124 %. Government bonds were unchanged and railway aud other bonds strong. Total sales of stocks for the day were 784,900 shares; bonds, $20,071,000, (By Thomson & McKinnon) —March 2. Important speculative interests were apparently disposed to allow the stock market to take care of itself today. With the exception to two instances, this policy was adopted. Volume of business decreased somewhat. Scale down buying of miscellaneous character was much in evidence. Clearly, the multitude wants to buy stocks, but commitments will probably be made at concessions from current levels. , , , . The news today was not inspiring. There were several items, however, that gave color to recent reports of betterment. , RefillQd sugar prices were advanced by leading companies and the shares were buoyant. Copper stocks displayed firmness as a result of firmer metal prices and Increased inquiry for both domestic and export consumers. Money rates were a shade lower and foreign exchange rates ruled steady. The bond market was firm. Chandler motors was a conspicuous figure. The stock was opened at a sharp advance, evidently for the purpose of intimidating the bears. After a brief resting spell the shorts became nervous and a spirited advance ensued. Aside from Chandler and perhaps one or two other specialties in a similar technical position, we are impressed with the advisability of taking profits on a majority of issues purchased at lower levels. The market has had a substantial advance from low levels prevailing four months ago; Indeed it seems that me rise fro mtho low of the depression has been discounted, for the time at least, the improvemefu that has taken p'.aco in < r.e general business and financial situation. TWENTY STOCKS AVERAGE. NEW YORK, March 2.—Twenty Industrial stocks Wednesday nveraiyd 85.33, off .13 per cent. Twenty active rails averaged 77.99, oft .07 per cent. CLEARING HOUSE STATEMENT. NEW YORK, March 2.—Exchanges, $18,700,000; balances, 80,400,000; Federal Reserve Bank credit balances, $38,700,000. j Money and Exchange Indianapolis bank clearings Thursday were $3,002,000; bank debits, $5,394,000. NEW YORK, March 2—The foreign exchange market opened wek today, with demand Sterling %c lower at $4.42%. Francs yielded 2 centimes to 9.15%c for cables and to 9.15 c for checks. Lins were 2% points lower at 0.33 c for cables and 5.34 c for checks Belgian francs were off 4 times to 8.06 c for cables and to 8.60%c for checks. Marks were off 2 points to .0041 %c. Sweden kronen cables were 28.48 c; checks, 28.43 c. MOTOR SECI RITIKS. (By Thomson Ss McKinnon.) —March 2 —Closing— Bid Ask.

! Earl Motors 2% 3 Packard com 5% 5% P'.ckurd pl’d 63 65 ! ( atinental Motors coin 5% 5% ! i ntinciltal M'dors pfd 84 87 i ! npp com 14% 11% ; Hupp pfd 90 ltco Motor Car 18% lit Elgin Motors 2% 2% | Graut Motors 285 290 i National Motors 1% 2% I Federal Truck 15 17 | Paige Motors 13 14 Republic Truck 4% 5 ACTIVE OIL STOCKS. (By Thomson A. McKinnon.) March 2 —Opening— Bid. Ask. I Anglo-American Oil 17% IT© j Atlantic Lubos 9% 9% Borne-Scrymser 320 340 Buckeye Pipe Line 9n 92 Chcsebrough Mfg. Cons I*s 195 ; Continental Oil. Colorado ..127 130 Cosden Oil and Gas •> s Crescent Pipe Line 31 35 Cumberland Pipe Line 135 115 Elk Basin Pete 6% 6% Eureka Pipe Line 95 9s Galena-Signal Oil, Pref 110 115 Galena-Signal Oil, Com 47 50 Illinois Pipe Line 174 176 Indiana Pipe Line 93 95 Merrit Oil 8% 8% Midwest Oil 2% 2% Midwest Rfg 170 175 National Transit 2.8% 29% New Y"ork Transit 155 16 • Northern Pipe Line I<>3 106 Ohio Oil 268 273 Oklahoma P. & K 5% 5% Penn.-Mex 22 24 Prairie Oil and Gas 545 .... Prairie Pipe Line 238 242 Sapulpa Itefg 2% 3 Solar Refining 360 380 Southern Pipe Line 92 94 South I’enn Oil 175 185 Southwest Penn Pipe Lines . 58 (it Standard Oil Cos. of Ind. ...88 88% Standard Oil Cos. of Kan. ...520 525 Standard Oil Cos. of Ky. ~.450 475 Standard Oil Cos. of Neb. ...165 170 Standard Oil Cos. of N. Y. ...362 367 Standard Oil Cos. of Ohio ...355 395 Swan & Finch 40 50 Vacuum Oil 330 340 Washington Oil 30 40 NEW YORK CURB MARKET. (By Thomson A- McKinnon) —March 2 —Closing— Bid. Auk. Acme Packing 25 35 Curtis Aero, com 4% 5 Curtis Aero, pfd 22 " 28 Goldfield Con 3 5 Jumbo Extension 2 5 International Petroleum 15 15% Nipissing 6% 0% Standard Motors 3 4 Salt Creek 13% 13% Tonopah Extension 1% 1% Tonopah Mining 1% 1% United P S now 9 9-16 111-10 I’. S. Light and Heat 75 85 U. S, Light and Heat pfd.... 95 100 Wright-Martin 2 5 Yukon Gold Mine Cos 1 1 10 1% Jerome 40 50 New Cornelia 17% IS United Verde 27% 28 Sequoyah 3 10 Omar Oil 70 73 Rep. Tire 3(1 50 Boston & Mont 36 38 Kirby Oil 23% 23% NEW YORK SUGARS. NEW YORK, March 2. —With trade in raw sugars more active than they have been for the past few days prices were firm. Cubas were quoted at 3.79 c per pound, duty paid, and Porto Ricos at 5.01 c per pound, duty free, delivered. Refined sugars were steady, being in good export demand. Fine granulated was quoted at 5.10 c and No. 1 soft at [email protected] per pound. NEW YORK HIDES. NEW YORK, March 2.—llideß ruled " nut steady <>n the market here today. Native steer hides were quoted at 15%c and branded steer hides at 14%@15c per pound. NEW YORK WOOL. NEW YORK, March 2.—W00! prices ruled firm in trade on the market here today. Trade was of a fair nature. NEW YORK TURPENTINE. NEW YORK, March 2.—Turpentine sold at 80e per gallon in trade on the market here today.

SWINE PRICES RULE STEADY Weak Spots in Steer Market— Lambs Sharply Lower. RANGE OF HOG PRICES. Good Good Good Feb. Mixed. Heavy. Light. 22. $10.60(5)10.75 $10.85010.90 23. 10.90011.00 10.70(6)10.90 11.00 011.10 24. [email protected] 10.75011.00 [email protected] 25. [email protected] 10.75011.00 [email protected] 27. 11.00 0 11.15 10.75 @ll.OO [email protected] 28. 11.35 0 11.50 11.00011.25 11.50011.60 March ! 1. 11.16011 15 [email protected] [email protected] | 2. 11,10 @ 11.25 [email protected] 11.25011.35 j Swine prices were steady generally in trade on the local livestock exchange toj day, with receipts close to 7.500, includ- | ing 2,800 held over from the market of j the previous day and both shippers and i packers displaying fair demands. I There was considerable activity immediately after the opening, but with the orders of the packers tilled there was a lull for some time, during which it seemed that lower prices might prevail for the late sales. More buying movements, were started by leading packers later and the market closed around the opening prices. With receipts close to 700, the quality lair and the demand good, cattle_ prices were generally strong io 10 to 25 cents higher in spots. Steers, however, were barely steady to 10 to 15 cents lower in spots. Buiis were steady, as were canners ami cutters. Fair demands were displayed by prae--1 tically all the principal packers. A fair clearance for the day was anticipated. Veal prices ruled about steady, with i the demand by shippers lair, tbe quality | around the usual run and receipts close ! to 560 for the day. ] With only about 100 sheep and lambs I on the market, sheep prices were steady I and lambs [email protected] lower. HOGS. 'l6O to 180 lbs. average $112541.11.35 tKir 300 liis 10.s50g:1100 150 to 300 lbs 11.00fa11.53 Best pigs, under 140 lbs 9.50© 10.,i0 —Cattle — .. i Prime corn-fed steers, 1,200 to 1,800 lbs '. 7.25(5! 5.25 Good to choice steers, 1,200 to 1,300 ll>s 6.75© 7.00 Good to choice steers, 1,100 to 1,200 lbs 6 23© 6.50 1 Good to choice steers, 1,000 ] to 1,100 lbs 5.75© 6.00 I Common to medium steers, 800 to 1,000 lbs 5.00© 5.50 —Cows unit Heifers— _ Good to choice heifers 7.00© 3 00 Medium heifers G.oo© 7.00 Common to medium heilcra.. s.no© 0.00 j Good to choice cows 4.00© 5.75 Fair to medium cows 2.50© 4.00 Cutters 3.00© 4.75 j Canners 3 00© 4.00 , Bulls — Good to choice butcher bulls. 4.25© 5.50 I i'.olonga bulls 3.75© 4 25 ; Light bologna bulls 3.00© 3.50 j Light to common bulls 2.50© 3.25 —C'nlve* — Choice veals 12.00© 12.50 : Good veals lo 50y.1l 00 , Medium veals 7.00© 9.00 ' ' Lightweight veals 6.00© 7 00 I Common to heavyweight veals OHO© 6 —Stockers and Feeder*— Good to choice steers under B*Ki lbs 4.75© 5.50 j Medium cows 2.50© 4.00 Good cows 3.75© 4.50 I | Good heifers 5 09© 6.50 I I Medium to good heifers 4.00© 4.75 j Milkers 37.00©75.0(f —Sheep und Lambs— I Ewes 2.0.1© 3.50 ■ Bucks 2.50© 4.00 , ! Good til choice lambs lo.ou© l;t.oo j i Seconds o.nu© sm I Buck lambs 5.50© 6.00 Cuds 4-99© 6.00 Other Livestock i . CHICAGO, March 2. Hogs—Receipts. 22.000; market slow und mostly s©loc ldgtn-r; bulk of sales, $loso©ll.l3: top, $11.30: heavies. $10,806/11: mediums, $10.950411-20: lights, $11104(1130; light tights, $lO 506/11. 20; heavy packing sows, smooth. $9 .54)1025; packing Bows, rough. $9 504(9.85: legs, $9,504(10.75. Cattle —Receipts, 9,000; market str.-ng to higher. Beef steers—Choice and prime. $9 15© 9.75; medium and good, $7.60©9.13; good and choice. $8 .35© 9.40; common and me-| ilium. $0.5:14.’8.55. But her cattle— Heifers, j $1,734(8.15; cows. $4.154; 6.75; hulls, $44; 0.50; canners and cutters, $2.75©4 15: veal calves, light and ha tidy weight. $7.50© 11 ; feeder stis-rs. $5.50(n,7.50: stocker steers, $5 174(7.25: stocker cows and heifers, $3.75 4/5 50. Sheep and lambs —Receipts, 9,000; market slow and about steady; good to choice lambs. sl2 75©15.25; cull and common lambs, $10©12.5(*; yearling wethers. $10254< 14; good ewes, $5,504(9; cull and i common ewes, $34(5.75; feeder lambs, $ll.50(o 13.50.

CINCINNATI. March 2.—Hogs— Receipts. 3.200; market steady generally: heavies. sll6/11.50: mixed, miliums and lights, $11.50; pigs, slt>.2s; roughs. $8.50: stags. $5.50. Cattle—Receipts. 800: mar ket strong generally: bulls, steady; calves, $11.50. Sheep and lambs -Receipts, 81)0; market steady generally; ewes. $2 6(7; bucks, $4.50; choice lambs, sl6; seconds, sl2; culls, s6©B. CLEVELAND. March 2 -Hogs—Receipts. 3.500; market stead,' : yorkers ind mixed. $41.75; mediums. $11.50; pigs. $11; roughs. $8.75; stags, $6.25. Cattle Receipts, 300; market steady. Sheep and lambs Receipts. 1.000; market 25c lower; top, $15.50. Calves Receipts, 350; market steady; top, $13.50. EAST BUFFALO. N. Y„ March 2. Hogs—Receipts, 3.200; market slow; vorkers, sll.st>©ll.oo; pigs. $11,106/11.25; mixed, [email protected](); heavies, $11.25© 11.40; roughs, $9,256(9.50; stags, $46/5.50. Cattle — Receipts, 100; market active; shipping steers, $86(8.60; butcher grades. $7,506/ 8.5 u ; heifers. $5.5()©7.70: cows. $2.25 @6; bulls. $.7.50©5.25; feeders, $56/6; milk cows and springers, $356/115. Calves —Receipts. 200; market slow; cull to choice, ss©j 13.50. Sheep and lambs —Receipts. 890; market slow; choice lambs, $15©15.75; etill to fair, $86(11.75; yearlings, sß© 14.50; sheep, $36/10.50. EAST ST. LOUIS. March 2.— Hogs - Receipts, 9,000; market, 10 to 15 cents higher: mixed and butchers, $11.206211.40; good heavies, $10,906(11.25: roughs, ssjo 6/9.50; lights. $11,236/11.10: pigs. $10.6/ 11.35: bulg sales, $11,206/11.35. Cuttle— Receipts. 2,500; market, active and steady; native beef steers. $7. r off/9- yearling steers and heifers, $76(9 cows, $3.50 6/6: stockers and feeders. $46(6.85; calves, $2,756/11.50; canners and cutters. $2,756/ 3.50. Sheep and Lambs —Receipts, none; market, nominal; mutton ewes, s7fti.B; good to choice lambs, $11©15.65; canners and choppers, $26/4. PITTSBURGH. March 2,—Hogs—Receipts. 2,000; market, 15 to 25 cents higher; mediums, $11.706/11.75; heavy yorkers, $11.706(11.75; light yorgers, $11.70© 11.75; pigs, $11,256/11.50; 'roughs, $8,506(9.50; stags, $56(5.75. Cattle- Receipts, extremely light; market, slow steady. Calves—Receipts, light; market, steady; veal calves, $33: heavy and thin calves, SS©TO. Sheep and Lambs—Receipts, 600; market, steady; prime wethers, $96/(9 50: good mixed, $8©8.75; fair mixed. $0,506/7.50; culls and common, $2.50©4; choice lambs, sl6. NEW YORK METAL MARKET. NEW YORK, March 2.—CopperSteady; Spot to April, 12%6/12%c. Lead —Quiet; snot to April offered, 4%0. Spelter—Firm; spot ami Match, 4%©4%c; April, 4%@4%c. NEW YORK PETROLEUM. NEW YORK, March 2. —Petroleum were steady in trace in the market here today. Pennsylvania eru/ie petroleum selling at $3.25 per barrel. NEW YORK RICE. NEW YORK. March 2.—ltiee prices were barely steady in traue on the slow market session today. . Domestic rice sold at 3%6/7%c per pound. CHICAGO PRODUCE. CHICAGO, March 2.—-Butter—Receipts, 4,800 tubs: creamery extras. 37c; standards. 35%e; firsts, 32©3Ce; packing stock, 15@17c. Eggs—Receipts, 15,004 eases; current receipts. 236/24c; ordinary firsts. 216/22c; firsts. 24%©24%c; checks, 20©!21e: dirties. 216/'22c. Cheese —Twins, new, 10c; Daisies, 206/20%o; Young Americas, 20%c; Longhorns, 22e; Bricks, 10%©>17e. Live poultry—Turkeys. 35c; chickens. 27c; springs, 29c; roosters, 18c; geese, 18c: ducks, 2Se. Potatoes —Receipts, 43 cars: Wisconsin Round Whites, $1,806/2 per 150-lb bag; Idaho Russets, $2.20© 2.30.

GRAINS REGAIN EARLY LOSSES Southwestern Wheat Secure Under Blanket of Snow. CHICAGO, March 2. —Grain prices closed higher on the Chicago Board of Trade today. Long wheat continued to come on the market through several of the leading houses, while there was local buying on a set-back early in the day. Weather was cold in the Southwest, but the crop is secure under a blanket of snow. Buying of corn was scattered. Selling was fairly general in oats. Provisions were irregular. May vvheat opened at $1.43%. off %c, and closed up 2%c. July wheat openeu off %c at $1.20%, closing up 2%c. May corn opened up %c at 66%e and closed up lc. July corn opened off %c at 08%c, closing up l%c. May oats opened off %c at 41%c and closed up %c. July oats opened up %c at 43%c; closing up %c. (By Thomson & McKinnon.) —March 2 Wheat —Yesterday’s reaction in prices uncovered a fairly liberal export trade In wheat. The seaboard estimated the business at 800,000 bushels yesterday and 500,000 bushels today, about half of it being domestic wheat. One Canadian market claims that the total business in Manitolias aggregates 1,500,000 bushels. Liverpool made some concessions early to our decline of yesterday, hut more than recovered, closing firm at better sales than prevailed yesterday. Bueno* Aires gave no indication of reaction. Lower grades of winter wheat for Gulf shipment, heretofore a drag upon the market, are in betler demand, it being reported that bids have advanced 3c to 4e within a week. Southwestern markets seem more inclined to 1 sympathize with the strength here, Minneapolis is independent, their May delivery now selling at Chicago prices as against a recently prevailing discount. Improved flour trade is probably the reason. Our late advices uncover the fact that all available supplies of durum wheat at Northwestern terminals ore under contract for shipment. This is simply one more evidence of the ability of foreigners to accept all offerings of wheat. To our way of thinking, the underlying situation is very strong. Corn and Oats—Leading cash interests are seen as sellers of oats to such an extent as market will accept, but this is not the ease in corn, on the contrary, shippers and seaboard interests are buyers at times. The market seems to have digested the liberal realizing sales recently encountered and is more responsive to the demand. Just at the moment, the foreign demand is being supplied by previous accumulations in the hands of shippers, but inasmuch as the export trade Is constant and the offerings from first hands are distinctly limited in volume, it is only fair to assume that the terminal markets will again be favored with inquiries from exporters. We Udicve the time has come when the value of corn for feeding purposes on the farms will soon influence the commercial trade as to Improve the distributing demand. This market is worthy close addition of the investor. Provisions —The situation in the provision list is unchanged. There seems to be a shortage in hogs, there is an actual shortage in warehouse accumulations of products while the cash trade both domestic and foreign is good. We see noihing to change the upward trend j of ji rices. CHICAGO GRAIN TABLE. March 2 WHEAT - Open, lllch. Low. Close. May 1.43% 1.46% 1.42% 1.40% July 1.29% 1.22% 1.19% 1.22% CORN - May.... .60 % .6,% .65% .(57% July 68% .69% .07% .69% OATS- - Mav 41% .42% .41% .42% July 13% .43% .42% .43% I’ORK—•Mav 21.10 LARDMay 12.00 12.12 11.90 12.12 July 12.17 12.32 12.07 12.30 RIBS— Mav 11.40 11.52 11.40 11.52 •July 11.00 RYE— May .104 1.00% 1/(4 1.06% July 93% .95% .93% .95% •Nominal. CHICAGO GRAIN PRICES. CHICAGO, March 2.—Wheat—No. 3 red winter. $1.19%: No. 2 mixed, $1.36© 1.39; No. 2 hard winter, $1.40; No. .. hat'd winter, $1.36%. Corn—No. 2 mixed. 614: 62.-; No. 2 white,. 614i 62c; No. 2 vellow, 6!4i62c; No. 3 mixed, 59%© 60%e;‘No. 3 white, 60c; No. 3 yellow. 59% 6(60%c; No. 4 mixed, !s%c; No. 3 white. Mle; No. 3 yellow. fi9%©t!o%c; No. 4 mixed, 4S%c: No. 4 white, 58%©59c; No. 4 yellow, sS’i(i/OOe. Oats—No. 1 white. 44%©15e: No. 2 white, 40Vi©42c: No. 3 white, 37’i©i0c; No. 4 white, 3C©37V*c

TOLEDO DRAIN TRICES. TOLEDO, March 2.—Wheat—Cash. $1 @148; May, $1.55 >4; July, $1.25. Corn—('ash. 06@;K7<\ Oats—Cash. 450M5. Kye —Cash, SI.OS. Harley—Cash, 69c. PRIMARY MARKETS. (My Thomson & McKinnon.) March 2 Wheat. Corn. Outs. St. Joseph... .15,000 95.1HK) Chicago JtJ.IXH* 570,000 144,000 Milwaukee ... 1,000 121,000 55,000 Minneapolis.. 340.000 IKi.ooo 72,000 Duluth 17.01H1 80,000 St. Louis 72,000 5)1.000 1000,000 Toledo 11,000 13.000 2,000 Detroit 3,000 5,000 Kansas City... 150,000 83.000 22.000 Peoria 2,000 83,000 31.000 Omaha 30,000 151.000 14.000 Indianapolis... 4.000 71,000 60,000 Totals 717,000 1.485,000 500.000 Year ago.. 000,000 1,998,000 501,000 —Shipments— Wheat. Corn. Oats. St Joseph.... 20,000 59,000 0.000 Chicago 71,000 1,050,1KK) 310,000 Milwaukee ... 3,000 91.000 21.0(H) Minneapolis.... 7,000 47.000 72.000 Duluth 1.000 St. Louis.. .. 102,000 90,000 102.0(H) Toledo 16,000 14.000 7,000 Detroit 1,000 6.000 Kansas City,.. 184,000 18,000 (1.000 Peoria 11.000 10-1,000 41.000 Omaha 45,00 88.000 40.000 Indianapolis.. 1,000 38,000 14,000 Totals .. . 528,000 1.597,000 649,000 Year ago... 425,000 995,000 452,000 —Clearances AVheat. Corn. Oats. Philadelphia 78,000 New Orleans.. 296,000 206,000 Totals 290,000 344.0(H) Y'ear ago... 423,000 531,000 INDIANAPOLIS CASH GRAIN. —March 2 Bids for ear lots of grain and hay at the call of the Indianapolis Board ot Trade were: Wheat —Firm; No. 2 red. $1.44(01.40. Corn —Firm; No. 3 white. 01 1 -j('t!G2 , ,.(.c, No. 4 whiu GOtiCdtllLje: No. 3 yellow, 01 ,/ i(n (!2' -.e ; No. 4 yellow, 60(0'01 Ue ; No. 3 mixed,’ (ii Cfi/TiJ'ic; No. 4 mixed, OO'/a tgOlViC. Oats—Steady: No. 3 white, 40Vi@42c; No. 3 white, 58)5 @;tOe. Hay—Weak; No. I timothy, $17@’17.50; No. 2 timothy, $10.50@17; No. 1 light clover mixed, [email protected]; No. 1 clover, $18.5!) @19.50. —lnspections Wheat—No. 2 red, 1 car; No. 3 red. 1 car; No. 4 red, 1 car; No. 2 mixed, 1 car; total. 4 cars. Corn—No. 2 white, 2 cars; No. 3 white, 8 cars; No. 4 white. 11 cars: No. 5 white, 5 cars; No. 0 white, 2 cars; No. 1 yellow. 2 cars; No. 3 vellow, 3 cars; No. 4 yellow. 15 ears; No. 5 yellow, II) oars. No. 0 yellow, 0 ears: No. 5 mixed, 1 car; No. 0 mixed, 1 car; total, 07 ears. Oats —No. 1 white, 2 cars; No. 2 white, 2 cars; No. 3 white, 9 cars; No. 4 white, 7 cars; total, 20 cars. Hay—No. 1 timothy, 1 ear: No. 3 timothy, i car; No. 1 clover mixed, 1 ear; to-i tai, 3 cars. AYAGON WHEAT TRICES. Indianapolis flour mills and elevators today were paying $1.30 per bushel for No. 1 red winter wheat; $1.28 for No. 2 red winter and according to test for No. 3 red winter. Oats were quoted at 27c per bushel lor No. 3 white or better. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load, delivered : Hay-Loose timothy, $16.00@17; mixed hay. $15@16; baled bay, $16@17. Oats—New. per bushel, 58c. Corn—New. per bushel. 50@55c. Corn—Old. per bushel. 45@50c.

New York Bonds

(By Fletcher American Cos.) —March 3 FOREIGN GOVERNMENT BONDS. Bid. Ask. Arg. (Unlisted) ss, &*>t. 1, ’45 76% 77% Arg. 7s, Oct. ’23 98% 98% Belgiu 6s, vian. 1, ’25 101% 102 Belgian 7%5, June 1, ’45.... 108 108% Belgiuu Ss, Feb. 1, ’4l 107% 108 Berne Ss, Nov. 1, ’45 11l 111% Brazil Bs, June 1, ’4l 104% 104% Chile Bs, Oct, 1, ’26 100% 101% Chile Bs, Feb. 1, '4l 103% 104% Chile Bs, Nov. 1, ’46 103 ii)3% Christiania Bs, Oct 1, ’43...109 lit) Copenhagen 5%5, July 1, ’44.. 90 90% Danish Jinn. Bs, Feb. 1, '46... 108% 108% Denmark Bs, Oct. 15, ’45....108% 109 •Canadian 3%5, Dec. 1, ’22... 97 % 98% ! ‘Canadian 5%5, Nov. 1, ’23. 97% 98% •Canadian 5%5, Nov. 1, ’24... 97 98 •Canadian ss, Dee. 1, ’25.... 95% 90% Canadian ss, Apr. Apr. 1, ’26.. 98 % 93% Canadian 5%5, Dec. 1, ’27.. 98% 99% Canadian 5%5, Aug. 1, ’29... 99% 100 Canadian ss, Apr. 1, ’31... 90% 97 •Canadian os, Oct. 1, ’31... 95% 90% Canadian 5%5, Nov. 1, ’33.. 100 101 •Canadian 5%5. Nov. 1, '34... 97% 98% Canadian ss. Mch. 1, ’37... 97% 98% •Canadian 5%5, Dec. 1. ’37...102% 103% I ’French (Viet.) ss, Opt. ’31... 67 08% •French 4s, Opt. ’4)! 56% 57 French 7%5, June '4l 100 100% French Bs, Sept. 15, ’45 103% 104% •Italian (War) 5s 41 % 42% Jap (First) 4%h, Feb. 15, '25 89% 90 Jap (S.) 4%5, July 10, ’25... 89 89% Jap 4s, .Tan. 1, ’3l 75% 70 Me- ico ss, Jan. ’45 55 56 Mexico 4s, Jan. ’54 43 44 Norway Bs, Oct. 1, '4O 109% 110 Queensland 7s, Oct. 1, ’41...107 107% Rio de Janeiro Ss, Oct. ’46.. .101% 101% Sao I’aulo Bs, Jan. 1, '36 101% 102% Swedish 6s, June 15, ’39 9!) 99% Swiss 5%5, Aug. 1. '29 100% 100% Swiss Bs, Julv 1, ’4O 114% 115 U. K. 5%5, Nov. 1. ’22 105% 105% U. K. 5%5, Aug. 1. ’29 105% 105% U. K. 5%5. Feb. 1, ’37 99% 100 Uruguay Bs. Aug. 1. '46 107 108 Zurich Bs. Oct. 15, ’45 111% 112 Bergen 8s 168% 109% Argentine 4s, A. & 0 59 60 * Argentine 4s, .T. & J 59 GO Dutch Indies 6%5, {(4% 94% Ontario 6s, 1943, 104% 105% Seine 7s, 02% 02% CORPORATION BONDS. Bid. Ask. Allied Packers, Cs 69 71 I Alum. Cos. of Am. 7s, Nov., ’25.101% 101% ! Am. Cotton Oil 6s, Sept. 2, '24. 05% 95% Amor. Tel. 6s. Oct., ’22 100 100% Amer. Tel. ..s. Feb.. '24 100% 100% Amer. Tel. and Tel.. Cs. ’25 ..111% 112% Amer. Tob 7s. Nov., ’22 ....101% 101% Amer. Thread 6s. Dec.. '2B 100% 100% Amer. Tob. 7s. Nov., '23 102% 1"2% Anaconda 6s, Jan., '29 98 % 98% Anaconda 7s. Jan . ’2!) 101% 102% Anglo-Am. Oil 7%5. Apr., '25.103% 104 Armour 7s, July 15, '3O 103 103% Atchison Gen.. 4s 87 87% Atlantic Kef. 6%5. Mch., ’31.. 103% 104% Bell Tel. of Can. 7s, Apr., ’25.101 101% Kell of I*a., 7s 107% 108 Beth Steel 7s, July 15, '23 101% 101% Big Four. 6s 97% 98% fan. Nor., 6%s 108% 109% Can. Nor., 7s 109% 110% Canadian Deb, 4s 78 78% Can. Pacific Cs. Mch. 2, ’24...10t) 100% C. B. Q. Gen.. 4s 87 88 C. B. Q. B. q. _ Neb., 4s 94% 95% jC. B. Q. Jt-. 6%s 106% 106% (’. G. and Q,, 5s 96% 97% I Cent. Arg. Ry. (Is, Feb., ’27.. 91 91% Cerro de Pasco Bs. Jan., '31.. 111 111% I Chic, and N. W., 6%s 106% 107% I Chic, and N. W., 75., 106% 106% Col. Graph., Ss 38 40 Con. Gas 7s, Dec., '22 101% 101% Copper Exp. Ss, Feb. 15, '23. .101% 102% Copper Exp. Ss, Feb. 15, ’24..102% 103 Copper Exp. Bs. Feb. 15, '25. .103% 164% Cuban Ain. Sugar, Ss 103% 104% Ctidahy 7s. July 15, ’23 100% lot" Diamond Match 7%s los 108% Du Pont, 7%s 103% 104 Federal, ss. ’4l 102% 103 Vi Fed. Sugar 6s, Nov., ’24 09 09% Fisk Tire. 8s 101% 102 Galena 7s ~...101% 101% Goodrich 7s, Apr., ’25 98% 98% Goodyear Ist. Bs. ’4l 112% 113% Goodyear Deb. Ss. ’3l 97% 95% Great Northern, 7s 107% 10814 Grand Trunk. 6s 101 % 101% Grand Trunk, o%s 104% 105.% Grand Trunk, 7s 10,8% 109% Great Northern, SV'S 90% 96% Gulf Oil tis, Jill -, '23 limi% 100% Gulf OH 7s, Feb , '33 103% 108% Heinz 7s, Dec.. ’3O 104% 104% Hocking Val. 6s. Mch.. '24 98% 99% Humble Oil 7s. Mch. 15, ’23. .100 18-16 101 111. Out. Ref.. 4s. '55 84% 55% Int. It. T Bs. Sept., ’22 80% 84% Inter. Met.. 4%s 14% 15% Interboro, 5s 63% 03% K. C. Term. 6s, Nov. 15, '23..100 100% K. C. Prr. and 1.t., 8s 103% 104% Kelly - Springfield, Ss 103% 103% Kenn. Copper 7s. Fez., ’30....102% 102% 1.. and N., 7s. '3O 106% 107% Laclede Gas 7s. Jan., ’29 95% 96 Libby-McNeil 7s, May, '31.... 09% 99% Mex. Pet., 8s 101% 101% Minn.. St. P. & S. S. M„ o%s. 101% 101% Morris 7%s 103% 103% Natl. Cloak & Suit Ss 101 101% Natl. Leather Ss. Nov. 15, '25 . 97 97% X. Y. Central, 7s. ’3O 105% 106% N. Y. Tel Ref., tis. ’4l 102% 102% N. Y. Edison, 6%5. ’4l 106% 106% Nor. Pac. P. L., 4s 84% 35 Nor. Pas. G. L., 3s 60 60% Nor. Pac. 6s 108% 10(i% Northwestern Beil, 7s lot 1 ,* 107% Packard Ss 99% 100 Pan. Amer. Pet., 7s. 96% 97% I’enn., 6%s 105% 106% Penn., 7s 106% 107% Phillipine, 5%5. '4l 106% 107 I'rotcor & G. 7s, Mob., *23.... 101% 101% K. J. Reynolds 6s. Aug., ’22..100% 101 St. L.-Snn Fran. P. 1,.. 4s. .. 69% 69% St. L.-San Fran. Adj, 6s 77% 78 St. I’. C. I>. 5%5. Dec. 15. '23.. 99% 100% Sears-Roebuck 7s, Oct. 15, ’22.100 100% Senrs-Koebuck 7s, Oct. 15, '23. 99 99% Seaboard Con., 6s 51 51% Sinclair 7V6tt, May 15, '25 101% 101% Solvay A- Cie Ss. Oct., '27 102% 102% Southern Ry., 6%s 94% 94% S. W. Bell Tel. 7s. Apr., ’25..101% 102 Std. Oil (Cal.) 7s. Jan., ’3l. .105% 10ft Std. Oil (N. Y.) 7s. .Tan.. *25-'31.104 108% Std. Oil (N. Y.) 6%5, May, ’33.10(5% 106% Steel and Tube. 7s 97% 98% Swiss Es, Oct. 15. ’25 101% 101% Swift 7s, Aug. 15. '3l 103% 108% Texas Cos. 7s, Mch. 1. ’23 101% 101% : Tidewater Oil. 7s 103V* 103% j Union Tank Car. 7s 103% 103% j IT. S. Rubber. 7%s 103% 104 I'tah See. 6s, Sept. 15, ‘22.... 90 % 99% j Vacuum Oil. 7s 107 107 V; < Vn. Car Client.. 7%s 91 91% Western El. 7s, April, '25 106% 106% ! Western Union, 6Cs 107% 108V* I Westinghouse 7s, May, '31... .100% 106% Wilson. 7%8 98% 97 Winchester, 7%s 90% 96% INDIANAPOLIS PRODUCE. Eggs—Loss off. lS@l9c. Butter —Packing stock. 13c. Poultry—Fowls. 10@22c; springs, 21@22c: cocks. 13@14c; stags, I 13@14c; capons, 7 lbs and up. 2Sc; ca- j pons, under 7 lbs, 25c; capon slips, 7 j lbs and up. 24c; capon slips, under 7 i lbs, 20@25c; young hen lurks. 8 lbs and up, 35@40c; young tom turks. 12 lbs! and up, 35©40c: old tom turks, 30©32c: | cull thin turkeys not wanted; ducks, 4 lbs and up, 15©17c; geese, 10 lbs and up, 14c; squabs. 11 lbs doz. $4.50; young guineas, 2-lb size, per doz, [email protected]; old guineas, per doz, $3. Butter—Local dealers are paying 3S@ ?9c per lb for butter delivered in Indianapolis. Butterfat—Local dealers are paying 36c per lb for butterfat, delivered in Indianapolis. CLEVELAND PRODUCE. CLEVELAND. March 2.—Butter—Extra, in tubs, 43©43%e; prints. 44@44%c; extra firsts, 42@42%c, packing stock, 17@ 19c. Eggs—Fresh gathered, northern extras, 28c; extra firsts, 27c; Chios, 25c; western firsts, new cases. 25c. Poultry —Live, heavy fowls, 28@30e; spring culls, 23@26; spring ducks. 27@2Se. Potatoes—Ordinary, [email protected] per 150-lb. bag; Miehigans, $2.95; early Ohios, $2.10 per 120-lb. bag; Red Rivers, $2.40 per 120-lb. bag. Sweet potatoes—Delawares, [email protected] per hamper. WHOLESALE BEEF PRICES. The following are today's wholesale prices for beef cuts as sold on the Indianapolis markets of Swift & Cos.: Ribs —No. 2,18 c; No. 3.15 c. Loins —No. 2, 22c; No. 3,20 c. Round —No. 2,15 c; No. 3.13 c. Chucks—No. 2,10 c; No. 3,9 c. Plates—No. 2,8 c; No. 3,7 c.

AND BANK STOCKS NEWTON SELL 415 Lemcke Building TODD t

NEW MONTH SEES PLENTITUDE OF LOANABLE COIN Stagnation Sets in in Some Lines, While Undertone Is Fairly Good. STOCK TRADE IS SMALL LONDON, March 2.—Business was on a much smaller scale in the stock market yesterday and stagnation was felt inmany lines. j The undertone, however, was modern ately good as a rule. British funds ruled fairly steady in the gilt edged market. Foreign bonds were spotty, French issues alone showing steadiness. Home rails were harder but inactive and dollar rails quiet, while foreign rails lost ground. Forced liquidation was noticeable in the industrial market and iron, steel and engineering issues were idle. Oils, as a rule, dropped. Mexican Eagles were 4 3-16, Shells, 4 25-32 and Royal Dutch 36%. African minings eased off somewhat and Americans were devoid of special interest. The new month brought the return of a plentiful supply of loanable credit m Lombard rtreet. Overnight money was down to 2 per cent, day to day money 2% per cent and fixtures 3 per cent.— Copyright, 1922, by Public Ledger Company. Weather The following table shows the state Os the weather at 7 a. m., March 2. as observed by United States Weather Bureas: Station. Bar. Temp. Weather. Indianapolis, Ind.. 30.33 24 Cloudy Atlanta, Ga 30.06 34 Rain Amarillo, Texas.. 30.52 2 PtCldy Bismark, N. D 30.26 14 Clear Boston, Mass 30.18 26 Snow Chicago, 111 30.24 24 Snow Cincinnati, Ohio.. 30.18 26 Cloudy Cleveland. Ohio .. 30.10 26 Cloudy Denver, Colo 30.46 10 Clear Dodge City, Kan.. 30.54 —8 Clear Helena, Mont 30.56 2 PtCldy Jacksonville, Fla... 30.10 68 Cloudy. Kansas City, M 0... 30.42 16 Clear I Louisville, Ky 30.24 26 ’ Cloudy Little Rock, Ark.. 30.38 24 Cloudy Los Angeles, Cal... 30.30 46 Clear Mobile, Ala 30.08 42 Cloudy New Orleans, La.. 30.16 42 Rain New York, N. Y... 30.06 30 Rain Norfolk. Va 30.06 34 Rain Oklahoma City 30.50 6 Clear Omaha, Neb 30.44 12 Clear Philadelphia, I’a... 30.04 32 Cloudy Pittsburgh, Pa 30.04 32 Cloudy Portland, Ore 30.26 40 Clear Rapid City, S. D... 30.3S 22 Cloudy Roseburg, Ore 30.28 38 PtCldy San Antonio, Texas 30.46 26 PtCldy San Francisco, Cal. 30.30 46 Clear St. Louis, Mo 30.30 20 Snow St. Paul, Minn 30.30 0 Clear Tampa, Fla 30.12 70 Cloudy Washington, D. C.. 30.06 32 Cloudy WEATHER CONDITIONS. The disturbance in the Gulf region YVednesday morning lias moved eastward, accompanied by widespread precipitation from the middle and lower Mississippi Valley to the Atlantic coast. The rainiail In many localities from Tennessee southward and eastward was excessive, and ranged from 1 to over -.50 inches. Temperatures have fallen from tbe Ohio Riser to the middle Gulf coast, aqd exceptionally low readings are reported in the west Gulf district, the line of freezing temperature reaching as far south as Corpus Christl on the southern Texas coast. A barometic depression is advancing over Alberta, and temperatures are considerably higher throughout the Northwest and Far West. J. H. ARMINGTON, Meteorologist, Weather Bureau.

In the Cotton Market

NEW YORK. March 2.—Liverpool and Wall street were sellers of cotton at the opening of the cotton market today, i and this, with poor tables and au uu- [ settled political outlook, caused a drop ! of 13 to 16 points in first prices. - The buyers early were New Orleans I and the trade. Only five notices were is- ! sued. After the start the market was steady and about 5 points above initial levels. New York opening cotton prices: March. 18710 c: May. 17.95 c: July, 17.13 c; August, 10.80 c; October. 16.45 c; December, 16.33 c; January, 16.20 c bid. The market was steady in the late dealings, closing at a net decline of 3 points to a net advance of 3 points. —COTTON FUTURES— Open. High. Low. Qose. January 16.35 March 18.24 18.37 18.15 18.35 May 17.94 18.11 17.86 18.07 July 17.13 17.38 17.10 17.34 ! October 16.45 16.70 16.45 16.6!) I December 16.33 16.50 16.32 16.50 —Cotton Review— NEW YORK. March 2. —Cotton was 20 points lower at the start today because of lower cables, but the decline met the demand under 18 cents for May that has been in evidence for several weeks, which caused a moderate rally. The market ruled very dull after the first forty-five minutes, trading being confined mostly to switching. The weakness ia Liverpool may have been due to the India budget increasing cotton excise tax fro* 3% to 7% per cent. The* sets no otiar news of fresh importace. The wcatfcer was fair in the Southwest with rising temperatures A message from Houston said the recent cold weather in extreme southwestern Texas would necessitate some replanting. 'Ve expect a continuance of a trading market, awaiting developments favoring purchases on decided setbacks. LIVERPOOL. March 2.—There was a limited spot demand for cotton at the opening here today. Prices were easier and sales around 6.000 bales. American middlings fair. 11.27d; good middlings. 10.42/1; fully middlings, 10.17/1 ■ middlings, 9.87d; low, 9.02d; good ordinary. 8.22d: ordinary. 7.72d. Futures were quiet during initial trade. TOLEDO SEED PRICES. TOLEDO, March 2.—Cloverseed—Cash, $15.80; March, $15.80; April, $14.40: October. $12.25. Alsike—Cash, $12.50; March, $12.50. Timothy—Cash, $3.17% ; March, $3.17%; May, $3.27%; September, $3.40. INDIAN BEGINS LIFE’S TERM. HIAWATHA, Kan., March 2.—Albert Whitewater, an Indian, was taken to the State Penitentiary today to begin a life term for the murder of Louis Dupuis. He was found guilty late yesterday. Dupuis was a Carlisle graduate and a noted Indian athlete, a teammate of Jim Thorpe on the Carlisle football team several years ago. BANKRUPT MAKES GOOD. STOKE-ON-TRENT, Eng., March 2. Twenty-three years after he had been declared a bankrupt, Alfred J. Clay finished paying off his creditors, and th* 1809 bankruptcy order was annulled.

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