Indianapolis Times, Volume 34, Number 256, Indianapolis, Marion County, 7 March 1922 — Page 10

10

PROFESSIONAL BUYERS TRY TO GET CONTROL Motors, Oils and Industrial Specialties Confident Market Sellers. GAS SHARE j BOOSTED Special to Indiana Dally Times and Philadelphia Public Ledger. By MONITOR. NEW YORK. March 7.—For a time it looked as if the reactionary tactics of the professionals, which were quite in evidence in the forenoon, might gi>e them control of the market and force a further decline. At any rate, the motors, oils and quite a numbei of the Industrial specialties showed the effect of rather confident selling. Studebak t and Chandler were under pressure, largely as a result of the showing made ty the report of General Motors for 1921. The reports of Midvale and Lackawanna Steel also furnished ammunition for the reactionary element. The decision of the Supreme Court holding the 80-cent gas law of New Yotk invalid, started a recovery which -hanged the complexion of the market decided!./. Consolidated Gas advanced fully ten points from the morning iow and closed 7*3 up on the day. The friends ot Corn Products got active and gave their favorite a boost to anew high level. Several of the specialties turned strong, among them Genera’ Electric, llendee Manufacturing. Tobacco Products. U. S. Cast Iron Pipe and Vivaudou. The market. Judged by closing quotations, had a somewhat irregular appearance, for numerous declines are registered throughout the list. Most of them, however, are of a fractional character, and the change in sentiment toward the close of the day is much more important than the sprinkling of losses here and there among the industrials. The decision in the Consolidated Gas snit is likely to have far reaching ramifications. The effect upon kindred stocks was rather pronounced, as Brooklyn Union Gas gained six points and Peoples Gas registered a fair gain. Investors in public utilities, it is believed, will be encouraged by the evident tendency on the part of our highest Judicial tribunal to resist any disposition by municipal or State officials to Impose rates that may be considered confiscatory or inequitably low. In other words, according to the United States Supreme Court, our public utilities also are entitled to a “living wage."—Copyright, 1922, by Public Ledger Company. Local Stock Exchange —March 7 STOCKS. Bid. Ask. Ind. Ry. <fc Light com ...... 60 ... Ind. Ry. & Light pfd 75 Ind. St. Ry 42 46 Ind. & N. W. pfd 60 Indpls. & S. E. pfd 60 T. H., T. & L. pfd T. H. I. & E. com 6 T. H.. I & E. pfd 14 U. T. of Ind. com % V. T. of Ind. Ist pfd 4 7 U. T. of Ind. 2d pfd 1 Advan<e-Rumely com 13 Advance-Rumelv pfd Am. Central Life 195 Am Creosotlng pfd 93Vi ... Belt R. R. com 66 ... Beit R. R. pfd 50 Central Bldg. Cos. pfd 93% ... Citizens Gas Cos 23% 24% City Service com 187 190 City Service pfd 59 63 Dodge Mfg. Cos. pfd Home Brewing 45 ... Ind. Hotel com 85 ... Ind. Pipe Lines 91 ... Indpls Abattoir pfd 45 Indpls. Gas 4!b 47% Indpls. Tel. com 2 ... Indpls. Tel. pfd 99 ... Mer. Pub Util, pfd 45 Nat. Motor Car Cos 1% 3 Pub. Sav. Ins. C 0.... 4% ... Raub Fer. pfd ' 47% ... Stand Oil of Indiana 86 SterFng Fire Ins Cos 7V4 7% Van Camp Hriw pfd 90 Van Camp Prod. Ist pfd 100 Van Camp Prod. 2d pfd 100 Vandalia Coal Cos. com 1 5 Vandalia Coal Cos. pfd 7 10 Wabash Ry. pfd 22*4 24’4 Wabash Ry. com 6V4 9% BONDS. Broad Ripple 5s 60 65 Citizens St. Ry. 5s 74V4 78 Indian Creek Coal & Mine. ... 100 Ind. Coke & Gas 5s o 0 Indpls C. A S. 5s c 2% ... Indpls. North 5s 37V4 41 Indpls & Martinsv. 5s 60 Indpls & N. W 5s 48V4 53% Indpls & S. E. 5s 45 Indpls.. Shelbyv. &S.E. 5s 75 Indpls. St Rv 4s 58% 62 T. H.. I. A E. 5s 51% ... Citizens Gas Cos. 5s 86% 88% Indpls. Gas. Cos 85 90 Kokomo. M. & W. 5s 83% 88 Ind. Hotel Cos. 2d 5s 96 ... Indpus. L & H. 5s 86V4 90 Indpls. Water Cos. 4%s 80 Indpls. Water 5s 94% 98V4 Mer. H. & L. 5s 97 99% New Tel. L. D. 5s 95 ... New Tel. Ist 6s 95 Sou. Ind. Power 6s 88V4 Indpls. T. & T 75% ... Local Curb Market (By Newton Todd.) —March 7 Am. Hominy Com 14 22 Central and Coast Oil % ... Choate Oil Corp. % % Citizens Gas Cos. pfd 92 99 Commonwealth Fin com 30 37 Commonwealth Fin. pfd 43 50 Columbian Fire Ins. Cos 6 7% Comet Auto % 2 Dayton Rubber Units 45 52 Dictograph Prod, pfd 27 33 I*. W. Griffith 4% 6 Elgin Motor Car 2 2% Fed. Fin. Cos pfd 77 87 Fed. Fin. Cos. com 125 133 Gt. Sou. Prod. & Ref 5 6 Goodyear T. & R. com 10 12 Goodyear T. & R. pfd 25 28 Ind. Rural Credits 50 60 Metro. 5-10 c Stores com 3% 5 Mero 5-10 c Stores pfd 22 27 Nat. Underwriting 2% 4 Rauch 6c Lang Units 21 28 Rub.-Tex. Units 12 17 Stevens-Duryea Units 21 25* U. S. Auto Units 49 56 U. S. Mfg. Cos Units 147 157 BANK STOCKS. Commercial Nat. Bank 71 81 ConL Nat. Bank 100 116 Ind. Trust Cos 175 190 Ind. Nat. Pink 260 276 Mer.. Nat. Bauk 280 Security Trust C' 130 State Sav. & Trust 92 98 Union Trust Cos 300 Wash. Bank & Trust Cos 150 CHICAGO PRODUCE. CHICAGO. March 7. —Butter—Receipts, 11,094 tubs; creamery extras, 36c; standards, 35c; firsts, 32(uS5c; packing stock, 15@17e. Eggs—Receipts. 17.852 cases; current receipts, 21©21%c: ordinary firsts, 19©20c; checks, 18©19c: dirties. 18©21V. Cheese —Twins new, 18V-jo; daisies, 19%c; young Americas, 19%<<i20c; longhorns. 19%©20c; bricks, 10%©17e. Live ronltry—Turkeys. 35c; chickens, 29c; springs. 29c: roost-- 18c; geese. 18c; ducks, 28c. Pota* _-s —Receipts 104 cars: Wisconsin Rouud Whites. $1.70© 1.9 C per 150-lb. Ist: Miehiguns. $1.90; Minnesota Round '. hltes. $1.65© 1.75. NEW YORK HIDES. NEW YORK. March 7.—Hide values were unchanged In trade on the market here yeste-dav, native steer hides being quoted at 15%c per pound and branded steer hides at 14%©15c. NEW YORK PETROLEUM. NEW YORK. March 7.—Petroleum prices were steady in trade on the marxeUhere tJday, Pennsylvania crude petroleum selling at $3.25 per barrel.

N. Y. Stock Exchange j (By Thomson & McKinnon.) —March 7 Prev. High. Low. Close. Close. Adv.-Rum. com. 15 14% 15 14% Ajax Rubber... 15 14% 14% 15 Allied Chemical. 57% 56% 57 57% Allis-Chalmers.. 46% 45% 46 43% Am. Beet Sugar 40% 39% 39% 39% Am. Bosch Mag. 38% 37% 37% 37% Am. Can 44% 41% 44% 42 Am. Car & Fdy.lol 150 151 150 Amn. Ice 102% 98% 101% 98% Am H& I. com. 68% 68% 68% 66% Am. Int. Corp.. 44 43% 44 43% Am. Loco 109% 108% 109% 109% Am. Steel Fdv.. 33% 33% 33% 32% Am. Sint. A Ref. 48% 47% 48 47% Am. Sugar Ref. 74% 73% 74 73% Am. Surna. Tob. 29 28 29 28% Am. Tel. & Te 1.120% 119% 119% 119% Am. Tobacco .134% 133 134% 134% Am. Woolen ... 88% 87% 87% 88 Anaconda 49% 48% 49% 49 Atchison 96% 96% 96% 96% Atlantic C. Line 88% 88% 88% 88% At. <i. A W. I. 28Vs 26% 27% 27% Austin Nickels. 23 22 22 .... Baldwin Loco. .lod% 104% 106% 105% B. A 0 37% 36% 37% 37% Beth. Steel (ID 04% 63% 64 63% B. Rap. Trans. 11% 10% 11% 10 California Pete 53 51 % 52% 51 % Can. Pac. Ry. .135% 134% 135% 134% I Central Leather 35% 34% 35% 35 ('hand. Motor... 73% 72% 73 73% C. A 0 59% 58% 58% 58% CMA St. P.corn. 22% 22% 22% 21% CM A St.l*. pfd. 36% 36% 30% 30% Chi. A North... 68 07 % 67% 67% Ic. H. I. A Pac. 40% 39% 40-% 40 CHI Al* 6% pfd. 79 79 79 79 CHIAP ~ c c pfd. 91% 91% 91% 91% ! Chili Copper . IT's 16% 17 10's ' Cluett A P 54% Chino Copper... 20% 26% 20% 20% Columbia Gas.. 77% 76% 70% 76% | Coca Coal 44% 44% 44% 44 Col. F. A Iron. 26% 20% 20% 20% COll. Gas 160% 104 104 106% Con. Can 60 59 60 58% Corn Prods 107% 105% 106% 106 , Crucible Steel. 57 55% 57 57 i Cub. Am. Sugar. 24 22% 24 21% | Cub. C. Sugar.. 12% 11% 12'.. 11% Del. A Hudson..lll% 11% 111% 111 Del. A Lack....11l 114 114 114% Dome Mines.... 24% 24% 24% 24% Erie 0% 10% 10% 10% Erie Ist pfd.. 10% 10% 10% 17 Endicott & J.. 81% 81% 81% 81% Fain. Players... 84 82% 83% 82% j Fisk Rub. C 0... 13% 13 15% 13% Gen. Asphalt 60% 5.8% 60% 51% Gen. Electric ..157 156 ’ 156 V, 157 j Gen. Motors .. 8% 8% 8% 8% Goodrich 3s :;7 T s 38% 38% Gt. North, pfd. . .75% 75 75% 75 Gt. Notrh. Ore . 34% 31% 34% 34% Gulf States Steel 71% 69* 71% TO 7 , Hupp !4% 14% 14% 14% Houston Oil 70% 75% 70% 75% Illinois Central 100 100 100 100 Indiahoma 3% 3% 3% 3% Ispiration Cop. 40% 39% 39% 39% Inter. Har 90% 90% 90% Lehigh Valley.. 59% 59% 59% 59% Loews, ine 13% 13% 13% 15% Martin Parry... 28% 28% 28% 28% Marine com 15% 15 15% 15 .Marine pfd 70% To 10% 09% May tSores 112 111 112 111% Maryland 0i1.... 25% 24% 25% 25 Mex. Petrol 125% 123% 125 124% Miami Copper... 27% 27 27% 27 Midle St. 0i1.... 12% 13% 13% 13% Midvale Steel... 29% 29% 29% 29% M. Pac. Ry 22 21% 22 * 22 M. Ity. pfd. 54% 53% 54% 54 M<>nt. A Ward.. 15% 13% 15% 15% National Lead... 89% 89% 89% S'* Nev. Con. Cop.. 14% 14% 15% 14% N. Y. Central.. 78% 78% 75% 77% New Haver 17% 16% 10% 17 Norfolk V: W... 99% 99% 99% 09% North. Pac 79% 79% 79% 79% Ckla. P. A It. Cos. 2% 2% 2% 2% Owen Bot. com. 31% 31 31% 31% Pacific Oil 45% 48% 48%, 4.8% lan-Amer. Pet. 57 56 54% 56% Penun. Ry 35% ::.-,% 35% 35% People's Gas.... 70% 75% 75% 70% Pere-Marquette. 2'i 7 s 20% 20% 24 I ierce-Arrow .. 17 10% 10% 10% Pierce Oil Cora. 7% fit 7' 7% lull. Pa). Car .115% 115% 115% 115% Pure Oil 33% 31 31% 33% Reading *3% 73% *3% 73% Rep. I. and Steel 49% 49% 49% 49% Keplogle Steel 29% 2l*V% 29% 29% Roy. D. of N Y. 51% 51% 51% 51% Sears-Roebuck . 07% 00% 07% 67% Sinclair 22 21% 22 21% S. S. S. A 1... 35% 34% 35 35% South. Pacific.. 84% 53% 84% 84% South. Ry 20% 20% 20% 20% St. L-AS.W.Ky.. 27% 27% 27% 27% St. L.&S.F. com. 28% 27% 28 27% Stewart A War. 34% 33% 34% 33% Strom. Carb. ... 42 41 42 42 Ntudebaker 99% 90% 99% 91-S Texas Gns A S.. 44-% 43% 44% 44% Texas Coal AO. 20% 25% 26 25% J Texas Cos 45% 45 4.5% 45% Texas A Pac. . 31% 30% 31% 31 Tobacco Prod. .69 59% 59% 00% 1 Trans Oil 9% 9 9% 9%! Union Oil 17% 17% 17% 17% Union Pacific.. .131% 131 131% 131 Vi United Drug... 02% 61% 62% 02 United Fruit... 141% 140% 140% 138%: U. S. Ret. Strs. 44% 44% 44% 44% U S Cnstirn Pipe 30% 29% 29% 30% V. S. Ind. Aleo. 43% 44% 45% 4-1 % j U. S. Rubber... 59% 58% 59% 58%' U. S. Steel 94% 93% 94% 93% l\ S. Steel pfd.lie,% HO 110% 110 Utah Copper... 63% 02% <23% 62% j Vanadium Steel 36% 35% 30 35% Wabash 7% 7% 7% 7% Wabash Ist pfd. 23% 23% 23% 23% Wilson A Cos .39 39 39 West. Pacific. .. Ui 19 19 IS% Western Union. 94% 93% 94% 93% Wesths. Electric 50% 50 50% 50% White Motors.. 39 38% 38% 39 Willvs-Overiand. 5% 5% 6% 5% White Oil 0% 9% 9% 9 Woolworth ....150 148% 149 NEW YORK LIBERTY BONDS. —March 7. — Prev. High Low (Hose Close 1,. B. 3% 96.98 90.82 90.46 97.00 L. B. Ist 4s 97.20 L. B. 2nd 4s 97.24 97.06 97.24 1,. B. Ist 4%s .. 97.40 97 26 97.40 97.30 L. B. 2nd 4Vis .. 97.38 97 18 97 32 97.22 1,. B. 3rd 4149 .. 98.28 98.10 98.20 98 30 L. B. 4th 4%s .. 97.56 97.38 97.50 97.40 Vietorv 3%s 100 02 10002 Victory 4%s 100.40 100.28 100.30 100.28 CHICAGO STOCKS. (By Thomson A McKinnon) —March 7 Open. High. Low. Close. Am. Shir-build.. 85 Arm. A Cos. pfd. 98 Armour Leather 12% 12% 12'% 12% C. C. &C. R. pfd 8 Cudahy 67 08 67 67'% Contln. Motors.. 5% Deere & Cos. pfd. 72 Earl Motors 3% Libby McNeill.. 0 6 5% 6 Mont.-Ward ....15 •.... Nat. Death, new 10-% 10% 10% 10% Pigglv Wig. A. 34<4 Stewart Warner 34 34% 34 34% Swift Inti 22% 22% 22% 22% Thomp. (J.R.).. 41% 41% 41% 41% Union C. & C... 52-s 53 52% 52% Wahl 67% 08% 67% 08 Wrlgley 102% 102% 102% 1 .% Yellow Taxi.... 68% 69 68% 68% NEW YORK TURPENTINE. NEW YORK, March 7. Turpentine sold at. 87%e per gallon in trade on the market here today. NEW YORK WOOL. NEW YORK, March 7.—W00l values were firm In trade ou the murket here today. In the Cotton Market NEW YORK. March 7.—Cotton opened active and firmer today at an advance of 17 to 19 points. Buying early was principally by New Orleans, Wall Street and the trade and was based on stronger cables, a better business at Manchester. I'ng., and heavy rains in the eastern belt which will delay spring plowing. Liverpool and the south were the principal sellers. Later, the list eased a little under realizing. New York opening cotton prices: March. 18.43 c; May. 18.15 c; October. 16.79 c; December, 16.61 c. The market was barely steady in the late dealings, closing 7 points net lower to 3 points net higher. z z —COTTON FUTURES— Open. High. Low. Close. March 18.43 18.43 18.16 18 16 Mav 18.15 18.10 17.90 17.90 July 17.40 17.48 17.21 17.21 October 10.78 10.87 1663 16.63 December 16.61 16.68 16.50 16.44 LIVERPOOL. March 7.—There was s good dem'.nd for spot cotton today. Prices were steady anu sales close to 7.000 ijales. American middlings fair, U.B6d; good middlings. 10.91 and ; fully middlings, 10.06d ; middlings, 10 31d; low. 9.41d ; good ordinal-# 9.35d; ordinary 8.06d. Fitures were stedy.

STOCK MARKET CLOSES STRONG Several Leading Issues Sustain Sharp Advances. NEW YORK, March 7.—The stock market closed strong today, good gains being made in most of the standard shares. United States Steel rose to 24% and Baldwin Locomotive rallied over 2 points to 106%. Stu le baker rose nearly 3 points to 99%. National Enamel was in large demand, advancing about 4 points to 37% and American Can rose over 2 points to 44%. Mexican Petroleum rose nearly 2 points to 125 and General Asphalt recovered from 58% to 00%. Lima Locomotive showed a gain of 5 points at 100. Railroad shares also showed a better tone. Rock Island moving up 1% points to 40%. Government bonds were unchanged aud railway aud other bonds strong. Total sales of stocks for the day were 666,400 shares. (By Thomson A McKinnon) —Mureh 7 At the opening and during the greater part of the forenoon the market was highly Irregular. Theer was some further profit-taking by the public through commission houses. The professional element who were libera 1 buyers yesterday afternoon sold their holdings. The volume, however, was not important. The tendency as we approach midday was toward dullness. The news of the day was not important with the exception of the advance announced by one steel company in price of one of its products and reports from steel centers of a moderate increase In production. Among the corporate statements recently the showing made by the American Woolen Company is highly satisfactory, though not quite up to popular expectations. During the early afternoon strength developed iu the market, firm in a few specialties including the fertilizer stocks, then becoming more general which time the copper shares received more than the usual attention. American Can stood out prominently throughout the day and is still being favored by an increased following. Sentiment generally is still favorable to tin? market, but we now must pay closer itteution to the technical position of market. We must not overlook the fact tbat we have had a continuous advance during the last six months. In many instances the rise in values has beet 'impressive, the public interest in the market Is generally larger, and we must from now on be prepared for a more two-sided market wtL more frequent and more substantial reactions than we have experienci-d. We, therefore, deem I*. advisable to recommend the acceptance of profits during strong market periods. TWENTY STOCKS AVERAGE. NEW YORK, March 7.—Twenty inductriai stocks Monday averaged 86.40, up .89 per cent. Twenty active rails averaged 77.21, off .58 per cent. CLEARING HOI SE STATEMENT. NEW YORK, March 7.— -Exchanges $780,290,000; balances, $61,800,009; Federal Reserve Bank credit balances, $39,100,000. Money and Exchange Indianapolis hank clearing fuesday were $2,833,000; bunk debits, $4,819,000. NEW YORK. March 7. —The foreign exchange market opened weak today with demand Sterling 1516 c lower at $4,39 9-16. Francs yielded 3 centimes to 9.05 cfr cables and to 9.04 l-2c for checks. I.lres were off 7 points to 5.10 c for cables and 5.15%c for checks. Belgian francs were 6 centimes lower to 8.52 c for cables and to 8.51 %c for checks Marks were one point lower to ,0039 c. Guilder cables were 38.13 c; checks, 38.08 c. Sweden Kronen cables were 26.45 c; checks. 26.40 c MOT'' SECURITIES. (By Thomson A McKinnon.)' —March 7. —Closiug— Bid Ask Earl Motors 33% Packard com 6 6% Packard pfd 63 63% Peerless 35 36 Continental Motors 00m 5% 6 Continental Motors pfd S3 87 Hupp com 14% 15 Hupp pfd 00 Keu Motor Car 18% 19 Elgin Motors 2% 2% Grant Motors % 1 Ford of Cnnada 287 292 National Motors 1% 2% Federal Truck 15 17 Paige Motors 13 14 Republic Truck 4% 5 ACTIVE OIL STOCKS. (By Thomson A McKinnon) March 7 Opening— Bid. Ask. Anglo-American Oil 17% 18 Atlantic Lobos 9% 9% Horne-.Scry mser 325 350 Chesebrottgh Mfg. Cons 185 197 Continental Oil Colorado ...128 i;t2 Cosden Oil and Gas 5 8 Crescent l‘l[>e Line 32 34 Cumberland Pipe Line 140 150 Elk Basin Pete 6% 6% Eureka Pipe Lino 94 97 Galena-Signal Oil, I’r-ef 110 115 Galena-Signal Oil, Com 43 47 Illinois Pipe Line 173 176 Indiana I’lpe Line 92 95 Merritt Oil 9% 9% Midwest OH 2% 2% Midwest Rfg. 170 175 National Transit 28% 29% New York Transit 157 16J. Northern Pipe Line 103 100 Ohio oil 207 27-> Oklahoma I’. A R 5% 5% Penn. Mex 22 21 Prairie Oil and (ins 540 550 Prairie Pipe Line 238 242 Sapttlpn Kefg 2% 3 Solar Refining 300 375 South Penn Oil 177 183 Southwest Penn Pipe Lines . 58 03 Standard Oil Cos. of 1nd.... 87 87% Standard Oil Cos. of Kan. 520 540 Standard Oil Cos. of Ky. ...450 400 Standard Oil Cos. of Neb. ...170 175 Standard Oil Cos. of N. Y. ...305 370 Standard Oil Cos. of Ohio ...385 395 Swan A Finch 40 50 Vacuum OH 338 345 Washington Oil 28 S3 NEW YORK CURB MARKET. (By Thomson A McKinnon) —March 7 - -Closing— Bid. Ask. Acme Pncking . 20 30 Curtis Aero, com 4% 5 Curtis Aero, pfd 22 28 Goldfield Con 2 5 Jumbo Extension a 0 International Petroleum .... 14% 15 Nlpissiug 0% 0% Standard Motors 3% 4 Salt Creek 13% 13% Tonopah Exetnsion 7% 1% Tonopah Mining 19-16 111-10 T'nlted P. S. new 1 9-10 1% U. S. Light and Heat 77 80 IT. S Light ami Heat pfd.... 03 100 Wright-Martin 2 5 Yukon Gold Mine Cos 1 1% Jerome 35 40 New Cornelia 17% 18 United Verde 27% 28 Sequoyah 3 10 Omar Oil 08 70 Rep. Tire 25 40 Boston and Mont 39 40 Kirby Oil 23 23% NEW YORK SUGAR. NEW YORK. March 7.—Raw sugar values were firm on the market today. Cubas were quoted at 3.73 c per pound, duty paid, and Porto Ricos at 3.61 c per pound, delivered. Refined sugars were firm, both fine granulated and No. 1 soft being quoted at [email protected] per pound. NEW YORK COFFEE. NEW YORK, March 7.—Coffee values were firm in trade on the market here today, opening options being 6 to 7 points higher. Rio No. 7, on spot, sold at 9c per pound. NEW YORK RICE. NEW YORK. March 7. —Rice values were about steady on the market here today. domestic being 3%@7%c per pound. NEW YORK METAL MARKET. NEW YORK. March 7. Copper Steady; spot, March and April offered, 12%c. Lead —quiet; all positions offered, 4%e. Spelter—Steady; spot and March, [email protected]; April, [email protected].

INDIANA DAILY TIMES, TUESDAY, MARCH 7, 1922.

SWINE VALUES SUFFER DECLINES Cattle Values Steady to Strong —Calves and Sheep Firm. RANGE OB HOO PRICES. Good Good Good Feb. Mixed Heavy. Light. 27. [email protected] $10.75011.00 $11.25011.35 28. [email protected] [email protected] [email protected] March 1. 11 i'j [email protected] [email protected] 2. 11.10011.25 10.90011.10 [email protected] 8. 11.40011.50 11.25011.40 11.50011.76 4. 11.60011.60 11.25011.50 11.60011.75 6. 1\70011.90 11.40011.60 11.70012.00 7. 1... 60011.70 11.25011.50 11.70011.75 Swine prices were 10@25c lower in trade on the local livestock exchange today. declines being due principally to the fact that this market has, for some time, been out of line and too high for otoher principal markets of the country. Receipts for the day ran close to 4,090, and. with packers and shippers with Eastern house connections showing good demands, practically all of the receipts had been sold before the close of the early forenoon hours. Both packers aud shippers gdt their usual quotas. Light swine were 25c lower, as were light mixed, while other grades of good hogs were about Ise lower. Cattle values ruled steady generally, but there were spots, especially iu sales of heifers aud cows, that were’ strong to a shade higher. Receipts lor the day ran close to 800 and the quality was fair to good. The demand by practically all of the packers was good. Veal prices were firm, with receipts around 400, the quality only fair and the demand by shippers fair. The top of $12.50 of the previous day was maintained, but there were not as many sales at that price as there were ou ihe preceding market. There were only about fifty sheep and lambs on the market and ptiees were steady. A few good lambs brought sl2. The quality was very poor. HOGS. 160 to 180 lbs. average [email protected] Over 300 lbs 11.25' 150 to 300 lbs 11.25© 11.75 Roughs 9.00® 9.75 Best pigs, under 140 lbs [email protected] Stags 0.00(9/ 7.00 Bulk of sales 11.50©.11.75 —Cattle— .. l’rime corn-fed steers, 1,200 to 1,800 lbs 7.50@ 8.50 Good to choice steers, 1,206 to 1,300 lbs 7.00© 7.25 Good to cl. dee steers, 1.100 to 1.200 lbs 6.50© 6.75 Good to choice steers. 1,000 to 1.100 lbs 6 00© 6.25 Common to medium steers, t 800 to 1,000 lbs 5.25© 5.75 —Cows and lleifers— Good to choice heifers 7.25© 8.50 Medium heifers 6.25© 7.25 Common to medium heifers.. 5 09© 6.00 Good to choice cows 4 09© 5.75 Fair to mediym cows 2.50© 4.00 Cutters 3.00© 4.75 Canners 3.00© 4.00 Bulls— Good to choice butcher bulls. 4 25© ,<SO Bolonga bulls 3 75© 4 25 Light bologna bulls 3.00© 3.59 Light to common bulls 2.50© 3 25 —('uives— Choice veals 12.00© 12.50 Good veals 10.30© 11 50 Mcuium veals 7 09© 9 00 Llgntwcigut veals O.uu© Too Common to heavyweight veals 5.00© 6.00 —Stockers and Feeders— Good to choice steers under 890 ibs 4.75© 550 Medium cows 2 50© 4.00 Good cows 3.75© 4.50 Good heifers 5.09© 6.50 Medium to good heifers 4.00© 4 75 Milkers 37.0u© 75.00 —Sheep and Lumbs— Ewes 2.00© 6 00 Bucks 2 50© 3.50 Good to choice latnls 10.00© 12.00 Seconds 7 o >© 9. *> Buck iambs 3 00© 6.00 Culls 3.00© 5.00 Other Livestock CHICAGO, March 7.—Hogs—-Receipts, 20,000; market, slow and mostly 5e higher; bulk of Bales. slo.po©l 1.20; top, $11.30; heavies, slo.Nj©ll 10: mediums, sll© 11.25; lights, $11.15(9 11.30; light lights, $0.35(0 11.25; heavy packing sows, smooth, $9.85© 10 44); packing sows, rough, $9.75(9.10; pigs. $9.25© 10.05. Cuttle It** ceipts. II,(XX); market, fairly active and generally steady: beef steers, choice aud prime. $9.28©9.75; medium aud good. $7.75©9.2f>; good ami choice, $h.40©9.40; common and medium, $0.00©8.40; butcher cattle, heifers, $4.85©8.40; cows, $4.25© 7; bulls, $4©0.50; canners and cutters, cows and heifers, $2.4489 4.25; canner steers, s4©s; veal calves, light and handy weight, $7.25© 10 25; feeder steers, $5.65(9 7.05; Stocker steers, $5.25© 7.40; Stocker cows and heifers, $4©5.75. Sheep and lambs Receipts, 20.0OO; market, 25c lower; good to choice lambs. $13.50© 10; culls aud commons, $lO 25©13.25; yearling wethers, $11(914.50; ewes. $0(99.50; cull and common ewes, s3© 6; feeder lambs. $11.50(9.13.00. CINCINNATI. March 7.—Hogs Receipts, 2,500; market, strong to 25 cents higher; heavies, $11.50©: 11.85 ; mixed and mediums, $11.85; lights. $11.25; pigs. $10; roughs, $9; stags, $5.50©.5.75 CattleReceipts, 300; market, steady; bulls, steady; bulls, steady; calves, $11.50. Sheep and Lambs—Receipts, 300; market steady; ewes, sl©7; bucks, $4.50; choice lambs, $15.50; seconds, $1t.50©12; culls, so©. CLEVELAND, March 7.—Hogs—Receipts, 2,ikio; market steady; yorkers, mixed and mediums, $11.75; pigs. $11; roughs, 9; stags, SO. Cattle—Receipts. 150; market, steady. Sheep and lambsReceipts. 500; market steady; top, $15.50. Calves Receipts, 200; market 50c lower; top. sl2. EAST ST. LOUIS. March 7.—Hogs—Receipts, 11,500: market, steady; mixed ind butchers. sll 15©.11.35; good heave-s, $11(9, 11.25; roughs, $9(9,9 50; lights, sll 20© 11.35; pigs, slo© 10.35; bulk of sales, $11.15 ©11.30. Cattle — Receipts, 4,500; uiirket, steady to strong' native beef steers, $9.25; yearling eieers and heifers, <nut quoted); cows, $4©H; calves, S3© 11.50; canners and cutters, $2©3.50. Sheep and lambs —Receipts, 2.000; market, steady to 25 cents lower; mutton ewes. $6©N, good to choice lambs. $11.50©16; canners and choppers, $1.25© 4. EAST BUFFALO N. Y„ March 7. Hogs—Receipts, 2,250; market slow; yorkers, $11..50©! 11.85; pigs, $11.25© 11.75 ; mixed, 511.05©i1.85; heavies, sll© 11.50; roughs, $9.5<)©9.75; stags, s4©6. Cuttle— Receipts. 109; market active; shipping steers, $7.75© 8.50; butcher grades $7.50© 8.25; heifers, $5.50©".75; cows, $2.25©?0; feeders. ss@o; milk cows and springers, $25@110. Calves —Receipts, 125; market active; cull to choice, $5©13.50. Hhepp and lambs —Receipts. 2,200; market netvive, choice lambs. [email protected]; cull to fair $8.50(0,15; yearlings, $8.50© 15, sheep. s3@ll. PITTSBURGH, March 7.—Hogs—Receipts, 1,000; market, lower; prime heavies, $11.85; med ins, sll.Bo© 11.85; heavy corkers, sll.Bo© 11.85; light yorkers, $11.35; pigs, $10.50© 11.25; roughs, $9.25© 9.60; stags, $.>©5.75; heavy mixed, $11.06 @11.75. Cattle—Receipts, light; market, steady. Calves —Receipts, light; market, steady; choice veals, sl3; heavy and thin calves, ss@9. Sheep and lambs—Receipts, 200: market, steady; prime wethers, $9©,9.50; good mixed, ss©B.7s; fair mixed, $"@".75; culls and common, $2.50 @4; choice lambs, sl6. INDIANAPOLIS PRODUCE. Eggs—Loss off. 17@18c. Bu(ter—Packing stock, 13c. Poultry—Fowls, 16@22c; springs, 20@21e; cocks, 12@13c; stags, 13c; caposs. 7 Ibs. and up 28c; capons, under 7 lbs. 25c; capons slips, 7 lbs and up, 24e; capon slips, under i lbs. 21@24c; young hen turks, 8 lbs. and up, 3<@3se; young tom turks, 12 lbs. and up. 30©35c; old tom turks. 28@30c; cull thin turkeys not wanted; ducks, 4 ibs and up, 15©; 16c; 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 38@ 39e per lb. for butter delivered in Indianapolis. Butterfnt—Local dealers are paying s6c per it), for butterfat, delivered In Indianapolis. CLEVELAND PRODUCE. CLEVELAND, March 7.—Butter-Extra in tubs. 43<&43%e; prints, 44@44%c; packing stock, 17@19e. Eggs—Fresh gathered, northern extras, 26c; extra firsts, 25c; Ohio, 23@24c; Western firsts, new cases 23%e. Live poultry— Heavy fowls, 29©30c; spring culls, 24@20c; spring dueks^27@2Bc.

GRAINSTOUCH LOWER LEVELS Commission Houses Sellers— Milking Demand Better. CHICAGO, March 7.—Grain prices were lower in final dealings on the Chicago Bo; rd of Trade today. Commission houses were fair sellers. The milling demand was better than yesterday, with prices for some grades firmer. A break in wheat induced selling in corn. Locals were inclined to give the market support. Receipts were heavy at 475 cars. Oats were modelately active. Provisions were irregular throughout the trading. May wheat opened at $1.42, off l%c, and closed off %e. July wheat opened at $1.21, off %c, closing off lc. May corn opened off %c at 64c and closed off %c. July corn opened off lc at.66%c, closing up %c. May oats opened off %e at 41%e and closed up %c. July oats opened off %c at 43c, closing unchanged. (By Thomson & McKinnon.) —March 7, Wheat—The large amount of wheat on ocean jtassage seems to have been responsible for a lessening of demand from English millers, also, for some acceptance of profits by previous holders. The eastern seaboard speaks of moderate reselling by English holders but the western markets experience new export, demand, this showing principally at the gulf and at fur west markets. It is again stated that seaboard cash handlers have been buyers of durum wheat in the northwest. The foreign demand was exhibited in this market by sales of flour and of rye. Premiums for milling wheat at central markets are also better. Eastern millers were again named as buyers of wheat iu the northwest for quick shipment. We analyze the reaction in English prices as temporary and not significant. Our market is likely to rule slow tomorrow, awaiting the Government estimate of farm reserves to he issued immediately after the close Judging from p 'irate estimates, the Govern--1 ment shoul I show farm reserves of | around 125.000.000 bushels. This figure or anything smaller will be construed as favoring higher prices. With the domestic flour situation growing more i healthy and with foreigners still taking of our scanty remaining surplus, we feel that the market has an excellent foundation. Corn and Oats The seaboard has frequently mentioned export demand for oats hut there has been nothing in this market to confirm this report until today when seaboard houses were buyers i of the May delivery and shipper report sale of 199.000 bushels o the seaboard. There is also an export demand for corn, with sales from this market at 200.000. the domestic demand is also showing some Improvement. Despite the very large visible supply of both corn an 1 oats, these markets exhibit underlying i strength and should make fair response to any advance In wheat. Provisions -Liverpool provixisions were quoted lower and the foreign trade was a little slow. Moderate realizing appeared in this market, offerings being taken by local packers. There must be a decided change in the supply of hogs If the provision list is to weaken. CHICAGO GRAIN TABLE. —March 7 WHEAT— Open. High. Low. Close. May 1.42 1.43% 141 141% J til v 1.21 1.21% 1.19% 1.20 CORN— May 04 .64% .03% .63% July 00% .07% .6(1 .06% OATS— Ma v 41% .42% .41 .49% July 43 .43% .42% .43 PORK—•Mav 20.70 LA lib— May 11.85 11.87 1170 11.72 .July 12.00 12.02 11 90 1190 It I US May 11.12 1120 11.15 11.15 ■> tilv 10.80 10.90 10.80 10.80 RYE— May 1.07% I.OS 1.00% 1.07 July 96 ' .90% 96 .96% •Nominal. CHICAGO CASH GRAIN. CHICAGO, March 7 Cash—Wheat—No 1 r<d, $1.42; No. 2 red. $140; No. 2 hard winter, #1 38© 1.38% ; No. i hard winter, $1.22%; No. V northern spring, dark. $t "o© 1.71; No. 4 northern spring, dark. $1.40% ; No. 3 mixed, $1.07© 1 •*. Corn— No. 2 mixed, 5S%© .<9%e , No 2 white, 59 <9.do%c; No. 2 yellow. 58%©59% ; No. 3 mixed, 56% ©57 %c; No. 3 white, 57© 58%c: No. 3 Yellow, 5H%©;57%e; No. 4 mixed. 53%©50c: No. 4 white. 50c; No. 4 yellow. 55%©56%c. Out. I —No. 2 white. •|o%©4le ; No. 3 white, 37%©40%e; No. 4 white, 35%'tS !6%c. TOLEDO GRAIN PRICES. TOLEDO, Mar< h 7. Wheat—f ash, $1.14 @1.40; May, $1.49: July, $1.23%. Corn—(’ash, 64(9.65 c. Oats—Cash, 42%©44%c. Rye—Cash, $1.04, Barley—Cash, 67%c. PRIMARY MARKETS. (By Thomson McKinnon.) —March 7 Wheat. Corn. Oats. St Joseph 7.o*H> IH.Otxi Chicago KstlOO 857,000 211,000 Milwaukee ... 1 'MSI 46. (ski 34.0*) Minneapolis.. 337.im*i 38.ihio 65.o<st Duluth 70,000 64,000 2,000 St. Louis 70,(**) 68,000 86,000 Toledo 13.000 25.000 29.000 Detroit 7.000 19,000 2.(K*) Kansas City.. 113.(55) CO.OoO 15.000 Peoria 10.000 8.8,000 32.000 Omaha 10,000 90.<ss> 20.01H1 Indianapolis.. 5,000 95,000 46,000 Totals 731,900 1.477.(M5’) 572,000 Year ago... 835.900 2,001,000 720,090 —Shipments— Wheat. Corn. Oats. St Joseph.... 4,090 33,(55) 2.000 Chicago 18,000 486.000 227.000 Milwaukee ... 7.o'*) 86.000 42.1HX) Minneapolis .. 131,(XSt 07.000 102.0<H> St I.ouls 149,000 77.000 75,000 Toledo 64.000 16,000 2,000 Detroit 3.000 0,000 Kansas City.. 150,000 40,000 loots) Peoria ’... 5.000 29.000 43,090 Omaha 28,000 43.090 22.090 Indianapolis 29,000 6.900 Totals 559,000 942.090 531,000 Year ag0.... 529,000 770,000 344,000 Clearances— Wheat. Corn. Oats New York,... 199,000 212,000 Philadelphia 17.000 Baltimore 770.000 New Orleans.. 266,090 257,000 Galveston .... 120,900 Newport News 43,000 Totals 575.000 1,062,000 212,000 Year ago... 111,000 09,000 INDIANAPOLIS CASH GRAIN. —March 7 Bids for car lots of grain and hay at the call of the Indianapolis Hoard of Trade: Wheat—No sales. Corn—Steady; No. 3 white, 60%@61%e; No. 4 white, 59@60e; No. 3 yellow, .60% ©ol%c; No. 4 yellow, 59©60c; No. 3 mixed, 59%@60%c; No. 4 mixed, 58%@ 59%c. (tats —Stendv ; No. 2 white, 40%@41%c; No. 3 while. 38%®39c. Hay—Steady; No. 1 timothy, [email protected]; No. 2 timothy, sl6 50@17; No. 1 light clover mixed, [email protected]; No. 1 clover, [email protected]. —lnspections Wheat—No. 2 red, 2 cars. Corn —No. 3 white, 12 cars; No. 4 white, 13 cars; No. 5 white, 7 cars; No. 3 yellow. 9 cars; No. 4 yellow, 13 cars, No. 5 yellow, 10 cars; No. 0 yellow, 9 cars; No. 3 mixed, 5 cars; No. 4 mixed, 5 cars; No. 5 mixed, 1 enr; No. 6 mixed, 1 car; total. 85 ears. Oats—No. 2 white, 3 carß; No. 3 white, 5 cars; No. 4 white, 1 car; total, 9 cars. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load, delivered : Hay—Loose timothy, $10@17; mixed hay. sls@ 16; baled hay, slo@l7. Oats —New, per bushel, 40©42c. Corn—New. per bushel. 55@60c. Corn —Old. per bushel, 55@60c. WAGON WHEAT PRICES. Indianapolis flour millß and elevators today were paying $1.35 per bushel for No. 1 red winter wheat; ..1.32 for No. 2 red winter and according to test for No. 3 red winter. Oats were quoted it 27c per bushel for No 3 white or better. TOLEDO SEED PRICES. TOLEDO, March 7.—Cloverseed—Cash, $16.15; March, $16.15; April, $14.40; October, $12.20. Alsike—Cash, $12.30; March, $12.30. Timothy—Cash, $3.17%; March, 15.17% ; May, $3.27% ; September, $3.50.

Smoot and Burton Declared Eligible to Debt Commission WASHINGTON, March 7.—Senator Smoot, Utah, and Representative Burton, Ohio, are eligible to serve as members of the Foreign Debt Refunding Commission, Attorney General Daugherty said today in giving what he termed his “curbstone opinion.!’ Daugherty* said he had not given the question close study, but from his knowledge of the constitutional limitations involved in this case, he believed Smoot and Burton could terve. A Senate Judiciary Sub-Committee recently held the two were ineligible.

GROCERS SEEK CO-OPERATION Food Show to Be Staged Here Beginning April 20. The need of better cooperation between the grocer, the manufacturer and the consumer of food products will be e. .haslzed at the forthcoming food show which the Indianapolis Retail Grocers Association will stage beginning April 20. J. W. Dean, manager of the exposition, said that many manufacturers were often Ladl.v handicaped through the carelessness of housewives in preparing certain food products for meals, in not following directions for preparation or through carelessness in serving, making a failure of the dish and then refusing ever to serve tt again. These manufacturers will have special daily demonstrations for club women and housewives of Indianapolis to obviate this handicap and to show the women how to best prepare and serve certain foods at the least expense and in the most palatable way. Experts In domestic science and cookery will have charge of these demonstrations. The exposition committee Is working out a series of “days" for the women of the city, including all clubs anti organizations in which women are interested as well ns for those who are not members of organizations. Certain kind, of food will be cooked arid served on these days, the women being especially invited to watch the cooking demonstrations. Prestdept Bulger of the association said the committee on program would have a number of surprise entertainment features during the show, not the least among them being musical programs and dancing. Y ankee Circus Said to Be Real Novelty The great Yankee circus which is to exhibit at the coliseum under the auspices of the Marion County Council of the American I.egioh is said to be a pleasing exception to the general run of indoor attractions. According to John Raul Ragsdale, chairman of the circus committee, it is a real circus, carrying headline acts which later will Join various tented aggregations. There will be elephants, trained ponies, rareback riders, aerial acts, acrobats and a goodly number of clowns. The circus carries no concessions and the peanuts. pcorn and red lemonade will be dispensed ity members of the legion. According to tentative arrangements the women's auxiliary will openite several booths. The circus will be here for two weeks, beginning April 3, and two performances will be given daiy exceyt Sunday. Shoe Travelers See Jazz Dance Revue The annual vaudeville entertainment and dance of the Indiana Shoe Travelers' Association was held last night In the Travertine room of the Hotel Lincoln. The chief feature of the show was a Jazz dance revue by Miss Hester C. Bailey. assisted by little Miss Iris Myers, Miss Holland Fitch, Miss Marguerite Williams, Miss Norma Campbell and Miss Bertaclair Hall. Music was provided by Kelly's Klowns and Stanley l.alley was well received in a song and dance number. Several other acts appeared. Delegation Asks Street Be Paved A eomml tee of taxpayers and property owners waited upon the Marion County commissioners today for the purpose of asking the commissioners to reconsider the plan of improving the Raymond street road with asphalt. The committee stated a preference for concrete because of the flooded condition of the street at times and because of the heavy traffic. The commissioners took no action. 30 Gallons ‘Mule’ Good Evidence Leo Davey. 555 West Wilkins street, was arrested on n blind tiger charge today. The police said they found thirty gallons of white mule whisky in a shed in the rear of 559 West Wilkins street, which Davey admitted owning. WHOLESALE HEEK PRICES. The following are today's wholesale priceß for beef cuts as sold on the Indianapolis markets of Swift & Cos.; Ribs —No. 2. 18c; No. 3.15 c. Loins —No 2, 22c; No. 3, 2flc. Round—No. 2,15 c; No. 8. I3c. Chucks—No. 2,10 c: No. 3,9 c. Plates—No. 2,8 c: No. 3.7 c.

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Gilded Vice Grips Upper Class Girls , Says Investigator CHICAGO, March 7.—Vice enmeshes a better class of girls than formerly, the Rev, Phillip Yarrow, head of the Illinois Vigilance Association, said today. “Daughters of the so-called better families. instead of the poor working girl, provide the grist for the Chicago morals court,” he said. “The hardened offender has given way to the girl who has gone wrong in an amateurish sort of a way. “In the last ten years, vice and immorality has been changed in cut and style. “Immorality is less confined to groups land localities. It is scattered more generally throughout the community. “Vice is less crude, more refined, subtle, less suggestive and more inviting than it used to be. “Bedroom faces and women who take part in them were blamed for the modern tendency. The modern stage represents a decadent art,” the Rev. Mr. Wiliam Yarrow said. DENBY RENEWS FIGHT AGAINST MORE NAVY CUT Secretary Holds Out for Keeping Personnel of 90,000. WASHINGTON, March 7.—Secretary of the Navy Denby went before the House Appropriations Committee today to renew his fight to keep the Navy from being cut below the strength fixed by the Washington armament conference. Discussing his 1923 estimates with the naval section of the committee. Denby held out for an annual appropriation of $350,090,000, to maintain an eillisted personnel of 90,000. His argu merits were similar to those advanced before the House Naval Affairs Committee. but the session had to do primarily with the actual money required to carry , out the plans previously outlined by the Secretary and other officials of the Navy Department. The naval affairs section is headed by Representative Pay Kally of Michigan, one of the leaders in the campaign of a number of House members to slash at least $130,o(Xl.000 from the department's requests. Denby proposed to plead for a “working Navy,” explaining and demonstrating to the committee the value of each type of ship which the Navy requires for its peace-time operations. Franklin Organizes Fish, Game League G. T. Meyer, president of the State I’ish. Game and Forest League, made an address last night at Franklin where a Fish and Game Association under the auspices of State department of conservation was formed. The Frankin organization brings the total in the State to 131 and raises the total membership to approximately 25.000. The meet iff g was held in the office of the mayor of Franklin. The following were named officers Dr. James Wolff, president; Fred Tulley, vice president; Greer Wagner, secretary-treasurer. Silent Orator Will Boost Agents’ Drive In the cause of the membership drive of the Purchasing Agents' Association of Indiana, the "Silent Orator," on the Merchants Heat and Light Company's building. will carry a message beginning tonight, as follows; •'Mr. Manufacturer- is your purchasing agent a member of the Purchasing Agents’ Association of IndianaV if not, why not? l<et him associate with the largest buying organization in the State. It is worth while. Join now. L. M. Fehrenbacb, chairman." Harding, Hughes to Policy WASHINGTON, March 7.—The policy of the Administration with respect to American participation in the international economic conference wleb opens in Genoa, April 10, will tie decided tit a conference late this afternoon between President Harding and Secretary Hughes, it was officially announced at the White House. Irrigation Bill Is Ready for Its Fate WASHINGTON, March 7.—The $550.000,000 Me Nary irrigation bill, providing fop the reclamation of 1,000,000 acres of swamp and ar'd lands throughout the Souta and West, was approved unanimously today by the Senate Committee on Irtgation and Reclamation. The bill now goes to the Senate for final action.

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WHISKY RAIDS NEAR CLINTON NET BIG HAUL Officials Think Hoosier Bootleg Business Is Broken. TERRE HAUTE, Ind., March 7.—Flv arrest.- and capture of three big stills with capacities ranging from 150 to 430 gallons, the confiscation of 600 gallons of moonshine whisky, and* three barrels of wine, were fruits of raids by Federal prohibition officers from Terre Haute and| Un ted Slates marshals from lis, late Monday at Clinton. Edward Kregg and Roy Turner of Indianapolis, were arrested In an automobile with seventy gallons of moonshine. Federal officials declared they believed they had taken the heart out of the bootleg business in Indiana. They failed to obtain any cooperation from the local police or from the sheriff's office at Clinton. The captured whisky was intended for transportation to Indianapolis. Those anested were brought to the Vigo County jail and will be taken to Indianapolis for hearing In Federal Court. All arrests were made on Federal warrants and other arrests are expected to follow. ( U. S. GRAND JURY TO HANDLE CASES Following the big liquor raids at Clinton by Federal prohibition agents yesterday In which five persons were arrested, Bert Morgan. Federal prohibition director for Indiana, announced these cases will be presented to the Federal grand jury instead of being handled In the State courts as has been the custom for some time past. Mr. Morgan said a sister of “Big Jim" Carerra of Clinton, one of the five taken into custody yesterday, probably will be arrested today. In the haul was one 750-gallon still belonging to Caiv:ru, one of the largest ever captured iu this part of the country. It is understood the defendants will htf arraigned before a United States com™ mission©' at Terre Haute today. Those under arrest are; Edward Kregg and Roy Turner, both of Indianapolis; "Big Jim" Carerra, and two inen named Toffolo and Luigi, employes of Carerra. ‘Tiger’ Tales With Local Coloring Andy Moseller, 116 North Davidson street, was fined SIOO and costs in city court today on the charge of operating a blind tiger. George Shadd. 530 East Ohio street, was fined SSO and costs on a similar charge. Yesterday a woman telephoned Lieutenant Jones stating that a man who gave whisky to Ira McCoy, 72 North Davidson street, was en route bo the Penn Coal Company, where Me-. Coy was employed. The police officer met the bootlegger when he arrived with the whisky and arrested Shadd. lie in turn told the policeman that he received the money from McCoy to purchase the liquor, which he and McCoy generally drank together, and that he purchased the liquor from lloseller. The police arrested Hoseller and found more than a quart of kimmel at his home. Public Approves Marine Subsidy WASHINGTON. March 7—Reports reaching President Harding Indicate widespread approval of his plan for im Government merchant marine subsidy, i™ was learned officially at the White House this afternoon. Officials said that they were unfamiliar with reports to of an organized opposition to the subsidy bill pending iu Congress.

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