Indianapolis Times, Volume 34, Number 295, Indianapolis, Marion County, 21 April 1922 — Page 20

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U.S. STEEL UP, BUT UNABLE TO RETAIN PLACE Market Appears Moving From Momentum of Trading. GENOA DEVELOPMENTS Speria.l to Indiana Dally Times and Philadelphia Public Ledger. By MONITOR. N'FTW YORK. April 21—In spite of the ippearance of several new high levels r hrnughout the list, the most notable In--tanre of which was t'nlted Etates Steel, Thursday's stock market appeared to be moving more on momentum turn ns a result of any inherent dynamic uplift, i Jains were largely preponderant over losses, but In most Instances they were fractional in character and price movements were extremely irregular. Trading was on a less active scale. Aside from the disconcerting developments at Gesioa. including Russia's refusal to recognize war-time debts or those of the Kerensky regime, and the early announcement that Russia and Germany would stand by the Rapallo agreement, there appeared to be a feeling among the professional element that the market might develop staieness as a -esnit of the rapid pace at which it has recently traveled and the influx of belated outside buyers. Little attention was paid to the failure of the directors of the New York Federal Reserve Bank to reduce the discount rate. It i: not believed that this action would have any particular bearing on ib- present money situation, as funds are abundant and rates, are easy. The Influence of such action would be barometric rather than otherwise. There was no particular feature to the trading. Steel crossed par, but failed to hold its gain. Studebaker and Consolidated Gas were strong, and there was good buying in the rails. New Haven and Norfolk & Western moved up sharply. and anew high level was reached by Colorado and Southern. The oils, after an early period of strength, dropped on the announcement of salt water in the Mexican wells. Mexican Petroleum and Texas Company responded to this development more than other petroleum shares. i A. F. Stock Gossip BY MONITOR. NEW YORK, April 2L—Although I nited States Stect crossed par and a large number of bigbs were made in the early trading here yesterday, the market h, ;i uuule met with further profit taking and eased off. especially in the last hour. There has been some pressure in the industrials for the last three days, and longs have shown a willingness to take proms under the cover of the strong rail market.

Public utilities, according to interests which are usually in close touch with pool operators, are scheduled for the next m .vemont Evidence of this was seen in Public Service common, which established anew- high at 90. Traders who are fallowing this stock are extremely op timistie over the prospects for the fir> quarter, which it is believed will show great improvement over last year. Outing 1921 Public Service earned 49-17 per share on tne common. The New York Stock Exchange constitution has been amended to create a committee of three to he known as the Odd Lot Committee which will act in an advisory capacity on ail questions concerning odd lot dealings and ?< - titillate any new rules which may be thought necessary for such trading. The Market Street Railway issues, despite the publication of a fair earnings statement, are bolding rather quiet in the market. There has been nothing new of the proposal made by the City of Sar Francisco to take over these lines at $35,000,000. Consummation of any such deal will necessarily be siow because of the fact that the whole transaction will have to be ratified by the voters of the November election. Public participation has became an established fa-t in this market and much of the day by day transactions now are for the account of wire houses. This Is accepted is confirmation of the revival in business, which is being shown by •■amines and production statements in practically all of the large Industries. National Lead, according to President Cornish, is showing very good improvement in its own business, but the affairs of the Ini ted States Cartridge Company are showing little to Justify some of the optimistic statements which have recently been circulated. Mack Trucks first preferred (formerly International Motors) are believed to be selling out of line with ofh“r preferred issues of equal merit and are meeting with very good huylng around 81. At the present time the company Is meeting with a very good demaud for Its product, and its experiment with motor truck railway cars is apparently proving suecessfuL Texas Company broke rather sharply at the circulation of a report that wells of the company In the P.muco district had run into salt water. Bosch Magneto Is reported to have just closed a big contract with the International Harvester Company, deliveries to begin around the first of next mon'h. Other operations of the company are showing a general Improvement.—-Copy-right, 1922, by Public Ledger Company.

New York Stock Opening —April 21— Open. Allied Chemical 66% Am. Agricultural 50% Am. fn IS I -* Am. Locomotive 115*2 Am. Smelt & Re! 57% Am. Tel. & Tel 122% Am. Tobacco 140% A. Woolen 82% Anaconda Min. Cos 53% Baldwin Loco 116% B. & 0 49 Bethlehem Steel (B) 78% Brook. Rapid Transit 23% Canadian Pacific Ry 143% Chandler Motors . 76 Chi.. Mil. & St Paul pfd 46% Chicago A- Northwestern 76 Chi.. Rock Island & Pacific 47% Coca Cola 84% Columbia Gas 84 Consolidated Gas 117% Ooeden Oii 41% Corn Products 103% Crucible Steel 64% Fisk Rubber Cos 18% General Motors 12% Great Northern Ore 42 Gulf States Steel 84 Houston Oil 79% Keilev-Sprinsrfield Tire 48% Lehigh Valley 62% Mexican Petroleum 132V* Mont. A Ward 21% N. Y. Central 92% New Haven’ 24 Norfolk & Western 106% Pacific Oil 58% Pan. American Petroleum 64% Pure Oil 33% Pressed Steel Car 82 Pullman Pal. Car 124% Reading: 78% Rep. Iron & Steel 55% Royal Dutch of N. X 63% Sinclair 32% Southern Pacific 91% Standard Oil, Cal 167% Standard Oil N. J 170 St. L & BW. Com 31% Stewart & Warner 41 Studebaker 1 121% Texas Cos 45% Fnion Oil 21% Union Pacific 138% United Fruit 143% T\ S Retail Stores 49% U. S. Industrial Alcohol 48% X'. S. Rubber 65% U. S. Steel 9871 Vanadium Steel 43 Vir.-Car. Cht-m 34 Willis Overland L., 8% i

A. F. Stock Exchange j (By Thomson & McKinnon) —April 20— Frev. High. Low. Close, close Advance R. com 18% 18 18% 18% Aiax Rubber .. 17% 17% 17% 17% Allied Chemical 67% 67% 07% 67% Allis-Chalmers.. 50% 4i)% 50% 48% Am. Beet Sugar 41% 41% 41% 41% Am. Bosch Mag. 4/% 46% 46% 46 Am. Can 40% 48% 48% 48% A. Car and Fd. 161% 181% 161% 161% Am. Ice 109 108% 108% 108 Am. H. &L. pfd. 69% 69% 69% 69% Am. Inter. Corp 46% 46 46 46% Am. Locomotive 17 115% 116% 115 Am. Steel Fd.. 38% 37% 38% 37% Am. S. and Ref. 58% 58 58 57% Ain. Sugar Ref.. 76% 74% 75 75 Am S. T. C 0... 35 34 % 34% 34% Am. Tel. and T. 122% 122 122% 121% Am. Tobacco ..142 140 140 141% Am. Woolen .. 03% 92% 92% 92 Anaconda 53% 53% 53% 53 Atchison 102 101 101% 100% Atl. Coast Line 103 100 102 % 99% Atl. G. A- W. 1.. 32% 31% 32 32% Austin Nichols 25 24% 25 24% Baldwin Loco. 117% 116% 117 116% B. A 0 49% 48% 48% 48% Beth. Steel (B). 79% 78% 78% 78% Brook. Trans... 23% 22% 23 22% Call. Pete 56% 55% 55% 35% Can. Pac 143% 142% 142% 141 ■, Central Lea. .. 39% 38 38 39% Chandler Motor. 77 76% 76% <6% C. & 0 65% 65 65 65% CMSTP com. .. 29% 28% 28% 28% CMSTP ‘ pfd. ..46% 45% 47% 45% Chi A North. . 76% 76% .6% 75 CRIP 48% 46% 47% 46% CRIP 6 pet pfd. 82 82 82 82% CRIP 7 pet pfd. 95% 95% 95% 95% Chill Copper ... 19 18% 18% 18% Cluett P 55% Chino Copper 29 28% 25% 28% Columbia Gas... 84 83% 83% 83% Coca Coal 55% 54 34 54% Col F. A Iron.. 3i% 31% 31% 31 Con. Gas 118% 117 117% 116% Con. Can 65% 65 65 65% Corn Prodi 104% 107% 103% 103% Crucible Steel % 65% 64% 64% 63% Cub A. Sugar.. 23% 22% 22% 23 Cub. C. Sugar... 16% 16% 16% 16% Del. & Hudson.. 122 122 122 . .. Del A Lack.... 116 115 116 115% Dome Mines.... 27% 26 27 26 Erie 13% 13% 13% 13 Erie Ist pfd.... 23% 22% 23% 22% Endieott A J.... 87% 86% 86% 86% Famous plavers 81% 80% 81% 80% Fisk Rub. C 0.... IX% 17% 18 17% Gen. Asphalt 84% 63 63 63 Gen. Cigars ... 76 76 76 76 Gen. Electric .163 163 163 162 Gen. Motors .. 12% 12% 12% 12% Goodrich 41% 41% 41% 41% Gt. Noth. pfd. . 75% 75% 75% 75% Gt. North. Ore . 42% 41% 41% 42 Gulf States S. . 83% 81% 82% 81 Hupp 17 16% 16% 16% Houston Oil .. 80% 79 7 79 Illinois Central 108% 108 108% 107% In-diahoma .... 4% 4% 4% 4 In. Copper 41 % 41 41 40% Inter. Harr. .. 95% 95 95 96 Inter. Nickel .. 17% 17% 17% 17% Inter. Paper .. 48% 47% 47% 47% In. Oil 19 18% 19 1% Kansas City S. . 28% 27% 27% 27% Kelly S. Tire . 49% 48% 48% 4.8% Kenn. Copper . 32% 31% 31 s * 31" Lack. Steel ... 54% 54% 54% 54% I-ee Tire A R. 34 34 34 34 I.ims Loco 112% 112% 112% 112% Lehigh Valiev .. 63% 62% 62% 63 Con 117% 117% 117% 117% Loews Inc 18% 17% 17% 18 Martin-Parry .. .30 29 % 29% 30 Marine com .... 20 20 20 20% Marine pfd .... 83% 82% 83 82% May Stores 117 116 116% 117% Maryland Oil .. 28 28 28 2.8 Mex. Pete 134% 130% 130% 132% Miami Copper... 29% 29*2 29% 29% Mid States Oil.. 15% 14% 15% 15% Midvale Steel... 35% 34% 34% 34% Mo. Pac Rv 24% 24 24 24 Mo P. Rv jfd. . 58% 58 58% 36% Mt.-Gom. Ward. 21% 19% 21% 20 Tat. Lead 94% 93% 93% 94% Nev. Con. Cop.. 17% 17% 17% 17% N. Y. Airbrake.. 74% 74 74 74 N. Y Central. . 92% 91% 91% 91 Nw Haven 24% 23% 23% 23% Norf. A We5t...107 1t5% 106% 105% North. Pacific.. 78 77% 77% 77% Okl. Pro X Itef. 2% 2% 2% 2% Owen Bot. com 37 36% 36% 36% Pacific Oil 59% 58 58 58% Pan-Am. Pete.. 65 63 % 63% 64% Penna. Ry 42 41% 41% 41% People's Gas. .. 86 84 % 85% >4 Pere Marquette 30% 29% 30% 30% Pierce-Arrow... 22% 22% 22% 22% Pierce Oil 9% 0% 0% 0% Pulmn. Pal. Car.l26 124% 124% 124 Pure Oil 34% 33% 33% 34% Rv. Steel Spgs .103 101% 102% 101 Reading 78% 77% 77% 76% Rep. Irn. A Stl. 56% 55% 55% 56 P.eplogle Steel.. 33% 33 33 % 5.3 Ryl. Deb. N. Y. 64 63 % 6.3% 6.3% Sears-Roebuck.. 77% 75 76% 75 Sinclair 34% 32% .32% .33 Superior Steel... 36% 36% 36% :;6 Sloss-Sl -ffleld . 43% 43% 43% 43 Sou. Pac 91% 90% 91 90% Sou. Ry 25% 25% 25% 24% ST LAS W Rv. .. 31% 30% 31 .30% Stand. Oil Cal. 108% 107 107% 107% Stand. Oil N. J. 179% 177 177% 177% STLASF. com. 30% .30 30% .30 Stewart Warner 42% 40% 41 41% Stromberg Carb 56% 56 56 55% Studebaker .. 122% 120% 120% 120% Texas Gas 42 41% 41% 42 Texas Coal A 011 29 2b% 28% 2.8% Texas Cos ... 47% 45% 45% 47 Texas Pacific... 35% 34% 35% .34% Tob Prod 70% 69% 66% 69% Trans. Oil 12% 11% 11% 12 I'nion Oil 22 21 .'l% 20% T'nlon Pac IC. 139% 139% 139% T'nlted Drug ...‘7l 68% 69% United Fruit. ...144 14.3% 140% 143% r. S. Ret. Stores 50% 49 49% 19% r S Cat Iron P.. 37 36% 36% 36.% F S Ind Alcohol 49% 4.8% 48% 49% V S Rubber ... 66% 65% 65% 65% U S Smelting... 40 39 39% 28 T T S Steel 100% 98% 98% 99% T T S Steel pfd... 118% 118 118% 117% T'tah Copper.... 67 66% 66% 66 Y'anadium Steel. 43% 43 43 43% Wabash 10 9% 9% 0 7 , Wab Ist pfd.... 83% 32% 3.3% 3.3% Worth. Pump... 63% 52% 53% 52 West. Union ... 97% 97% 97% 97% Westhse Alrbke 89% 89% 89% 89 Westhge Elec... 62% 62 62 61% White Motors... 47% 47 47 1% Wlllis-Ovrlnd .. 8% 8 8 8 White OH 11 10 10% 10%

NEW YORK MBEKTY BONOS. —April 20— Prev High. I.ow. Close, close Liberty 3%s 99.44 99.26 99 34 99.20 Liberty 2d 4s 99.50 99.16 Liberty Ist 4%5.. 09.84 9966 99.84 99 62 Libertv 2d 4%5.. 99.56 89.26 99.54 99.34 Liberty 3d 4%5.. 99 74 99.46 99.71 99.44 Liberty 4tb 4%a 99 90 99 70 99.90 99 72 Victory 3%s ....100.04 100.02 100,04 100.04 Victory 4% 100.78 100.68 100.76 100 68 Boston & Mont 22 23 CHICAGO STOCKS. (By Thomson & McKinnon* —April 20Open. High. Low. Cloro. Arm. & Cos. pfd. 9i 97 96% 97 Armour Leather 12% Arm. I.eath. pfd. 87% Case Plow 5 5% 5 5 C. C. AC. R pd 7% 7% 7% 7% C. El. Ry pfd.. 5 Com. Edison 131% 131% 131% l:;i% Contln. Motors.. 8% 8% 8% 8% Diamond M‘ch..ll3 Earl Motors 3% Libby McNeill.. 2% 2% 2% 2% Mont. Ward 19% 22 19% 21% Natl. Leather.... 2% Nat. I.eath., new 10 Pick & Cos 27% 27% 27% 27 Pigglv Wig “A" 44 44% 44 44 Reo Motor 24% Stewart Warner 41% 42 4A% 40% Swift & Cos 102 102 101% 102 Swift Inti 20% 20% 20 201,4 Thomp. (J. R.. 48 48 47% 47% Temtor Corn A. 2% Union C. & C... 58 58% 57% 57% Wahl 69% 69% 69 69 Yellow Taxi 78% 78% 78 78% NEW YORK METAL MARKET. NE WYORK. April 21.—Copper—(Jiiiet; all positions offered. 12%c. Lead —firm; all positions, 5.10 c bid. Spelter—Steady, all position, [email protected]. NEW YORK PETROLEUM. NEW YORK, April 21.—Petroleum prices were steady on the market yesterday, Pennsylvania crude oil sold at $3.25 per barrell. NEW TORK TURPENTINE. NEW YORK, April 21.—Turpentine sold at 84c per gallon on the market yesterday. CLEVELAND PRODUCE. CLEVELAND, April 21. Butter—Extra, In tubs, 43%@44c; prints. 44%@t5c; extra firsts, 42%@43c. packing stock. 19@20c. Eggs—Fresh gathered northern extra, 28c: extra firsts. 27c: Obios. 25%c: Western firsts, new caaeg, 24c. Poultry —Live, heavy fowls, 30@31c: spring culls, 24@2Ci; duckt 32©34c.

STOCK MARKET TONE IS STRONG Fair Advances Sustained by Leading Issues. NEW YORK, April 21—The stock market showed a strong tone at the opening today, good gains being made in all Ihe leading issue. Mexican Petroleum started 1% points higher at 1.32%, and Sinclair Oil showed a gain of % of a point at .32%. United States Steel rose % of a point to 98%. Gulf States Steel rose 1% points to SI. , , Studebaker showed a gain of % of a point at 121%, and Standard Oil of New Jersey was % of a point higher at 178. (Bv Thomson A McKinnon) —April 20— There was a good deal of confidence displayed in Ihe market this morning with a considerable demand for anew class of stocks. Special favor was shown the various mall order issues. The demand for investment storks, as well as bonds, continues on a liberal scale, showing that confidences hf,s not been impaired to any extent by w.lat is transpiring in Europe. In this connection it is significant to note that with all the uncertainty that prevails at the conference at Genoa. French money is practically at the top prices attained from the depression, find this in itself would suggest confidence in an ultimate solution of the European problems. Anew source of strength to the market here has been the iucreas ng activity on the part of local professionals In their efforts to bring about a reaction. Selling of this kind helps materially in improving the technical position. Reports of lixlißnry continue optimistic and each day we are favored with cheering news from men prominent in the various branches of business and as money continues in ample supply and rates attractive, a continued demand for stocks may be looked for and. for the present at least, a material setback does not seem likely. TWENTY STOCKS AVERAGE. NEW YORK, April 21.—Twenty industrial stocks Thursday averaged 92.43, off ."9 per cent. Twenty active rails averaged 84.74 unchanged. CLEARING HOI 8E STATEMENT. NEW York. April 21—Exchanges yesterday were $.857,560,090: bnlaneos, $61,300,000: Federal Reserve Bank balances, $45,700,000. Money and Exchange i Indianapolis bank clearings Thursday were $2.375,000; bank debits. $4,172,000. NEW YORK. April 21 The foreign exchange market opened firm today, with demand Sterling %e higher*,at $4.4!%. Francs rose 1% centimes to 9 29c (or enbles and 9.28'-o' for checks, l.ires advanced 4% points to 5.41%c for cables, and to 5.11 c for checks Belgian francs were 1 centime up to 8.75 c for cables, and to S 56%c tor checks. Marks were 2% points higher to .0036 c. Guilder cables were 27 97c checks, 29.90 c. Sweden kronen cables were 26c; checks, 25 96c. Norway kronen cables were 19 00c; checks. 18.99 c. Denmark kronen cables were 21.21 c; cheeks, 21.20 c.

NEW IOKK (ALL MONEY. NEW YORK, April 21—Money Call money yesterday ruled 3% per cent : high. 3% per cent; low 3% per cent. Times rates all 4®4% per cent. Prime mercantile paper quiet. Sterling Exchange was quiet, with business in bankers’ bills at $4.41 for demand. MOTOR SEVERITIES. (By Thomson A McKinnon) —April 21. —Opening - Bid Ask Earl Motors 3% 1 Packard com 9% 10% Packard pfd 78 80 Peerless 41 43 Continental Motors coin 8 8% Continental Motors pfd 88 92 Hupp com 16% 17 Hupp pfd 98 103 Reo Motor Car 24% 24 % Elgin Motors 2% 3 Grant Motors 1% 1% Ford of Canada 357 362 National Motors 1 2 Federal Truek 20 22 Paige Motors 20 21% Republic Truck 7 7% ACTIVE OIL STOCKS. (By Thomson A McKinnon.) —April 21— —Closing—• Bid. Asa. Anglo-American Oil 19% 20 Borne Scrymser ... 850 370 Buckeye Pipe 1 ine 09 10l Chesebrough Mfg. Cons.... 190 200 Continental Oil, Colorado... .143 148 Cosden Oil and Gas 5 8 Crescent Pipe Line 82 35 Cumberland Pipe Line 149 150 Elk Basin Pete 7% 7% Eureka Pipe Line 100 105 Galena-Signal Gil pfd 51 53 Galena-Signal Oil com 110 115 Illinois Pipe Line 179 182 Indiana Pipe Line 192 104 Merritt Oil 11% 11% Midwest oil 2% 3 Midwest Rig 180 National Transit 28% 29% New York Transit 168 175 Northern Pipe Line B's 108 Ohio Oil 197 302 Oklahoma P. A R 5% 0% i >ei n Mex 27 30 Prairie Oil and Gas COO 610 Prairie Pipe Line 227 232 Sapulpa Refg 8% 3% Solar Refining 340 360 Southern Pipe Line........ 99 102 South. Penn. Oil 188 195 Southwest Penn. Pipe Lines. 60 65 Standard Oil Cos., of Ind. ... 95% 95% Standard Oil Cos. of Kan.... 550 570 Standard Oil Cos. of Ky 81 82 Standard Oil Cos. of Neb.... 175 185 Standard Oil Cos. of X Y.... 390 4<H) Standard Oil Cos. of 0hi0....480 450 Swan A Finch 25 35 Vaoumn Oil 4'H) 410 Washington Oil 20 30 NEW YORK CURB MARIiKi (By Thomson A. McKinnon.) —April 20. —Close.— Bid. Ask. Acme Packing 40 47 Curtis, Aero, com 4% 6 International Petroleum ....16% 16% Xlplssing 6 6% Standard Motors 5 5% Salt Creek 14% 11%.. Tonopah Extension 1% 1% United P S new- 5% 6% TT. S. Light and Heat pfd. . 1% 15-16 Wright-Martin 2 5 Yukon Gold Mine Cos 95 100 1-16 Jerome 3% 4 New Cornelta 17% 18% T'nlted Verde 28 29 Sequoyah 3 10 Omar Oil 11-16 1% Republic Tire 65 67 NEW YORK SUGARS. NEW YORK, April 21 Raw sugars were easy in trade on the exchange yesterday, Cubits selling at 3.98 per lh. duty paid, and Porto Ricos at 3.86®40 per Ib. duty free, delivered. Refined sugars were weak, fine granulated selling at [email protected] and No. 1 soft at 5.20®5 50c per lb. NEW YORK COFFEE. NEW YORK. April 21.—Coffee values were easy on the market today, opening options being 1 to 6 points lower. Rio No. 7 on spot sold at 11®11%c per pound. NEW YORK RICE. rullier quiet yesterday. Prices were rather quiet today. Prices were steady, with 3%®7%c per pound. NEW YORK WOOL. NEW YORK, April 21.—W00l prices were steady on the market yesterday, with trade of a fair nature. Domestic fleece, XX Ohio, was quoted at 33®47c; domestic pulled, scoured basis, at 454/Xsc and Texas domestic, scoured basis, at 50c @51.15 per lb. NEW YORK HIDES. NEW YORK, April 21. —Hides were steady on the market yesterday, native steer hides selPng at 13c and branded steer bides at 12c per pound.

INDIANA DAILY TIMES.

INITIAL TRADE IN WHEAT ACTIVE Commission Buying Principal Market Factor. CHICAGO, April 21.—Wheat trade was active at the opening today and buying by commission houses sent prices up. May wheat started % to l%c higher: July. % to l%c up and September % to %c higher. The market was moderately active for corn and prices % to %c higher for May and % to %e higher for July. Offerings of oats were light and the market opened unchanged to %c higher. Provisions were slow, but strong with limited offerings. (By Thomson A McKinnon.) —April 20Wheat—Crop news from the Southwest is not unfavorable, flour trade Is stagnant and foreign demand appears only on the declines. Under there conditions, interest in the market is at low tide. Local exporters are in receipt of foreign inquiries for new crop wheat but say that accumulations of old wheat which they own are practically unsalable. despite a willingness to make concession in prices. Argentine shipments have been larger than expected, it is claimed. If Is claimed this movement is to Russia, but new demand from that source is subsiding and European buyers are awaiting the outcome of North American crops before taking a position in the market. Weather in the Far Southwest is reported as clear and warming up. It Is also stated that receipts of old wheat are increasing slightly. The entire market is very plainly in need of some new motive to bring prices out of the rut into which they have fallen. It is fairly well accepted that world's reserve of old wheat will not be large, but this idea Is offset by therefusal of exporters or millers to accept such offerings of old wheat as are made Crop outloook abroad Is a little unfavorable, which condition, coupled with our own crop situation, creates a possibility of ultimately higher prices, but this is a matter of the future, and Just now the complete absence of a good market for remaining supplies of old wheal is the chief Influence. Corn and Oats—The seaboard believes that a fair export trade has been done in corn, believed also that there are rather liberal orders at lower prices. This situation is creating some friendliness to the corn market, hut no revival of interest in oats. Cash corn is steadily reducing its discount under the deferred delivery, more because of light receipts than because of any great tm provement in the demand. These mar kets have underlying firmness, but both of them are suffering from a lack of general interest. Provisions—No evidence of hedging sales in the provision list. In addition to which there was a slightly improved outside demand for ihe deferred delivery. This market is ruling steady under comparatively light movement ot hogs and expectation of a better European demand. CHICAGO GRAIN TABLE. —April 20— WHEAT — Open. High. Low. Close. May 1.42% 1.43% 141% 1.43% July.... 1.25% 1.25% 124% 1.25% Sept.... 1.18% 118% 1.17% 1.18% CORN May 61G .61% .00% 61% July 61% .65 .64% .65 Sept 67% .67% .66% .67% OATS— May 37% .37% .37% .37% July 40% .40% .40% .4"% Sept 42% .42% .41% .42% PORK •May 21.05 LARD — May 10 75 10 82 10 75 10.82 July 11.00 1107 11 00 11 07 Sept.... 11.25 11.32 11.25 11.32 RIBS *.Mav 11-45 •July 10.62 •Sept 10.72 RYEMar.... 1.07 1 06% 1.07 1.0*% July 99% 1.01% 09 1.01% •Nominal. CHICAGO CASH GRAIN. CHICAGO, April 21.—Wheat No 2 red. $1.42%. No. 3 mixed. $1.35; No. 2 hard winter, $1.40%® 1.41; No 4 hard winter. 81 30011.36%. Corn No, 2 mixed, f1"%% (lie; No. 2 white, 61%c; No. 2 yellow. 61® 61 %e; No. 3 mixed, 69%®6n%c; No. 3 white, 00%c; No. 3 yellow, 59%®f10%e: No. I mixed. 59%e; No. 4 yellow 59 %® 59 %e. oats No. 1 white. 41c; No. 2 wtite. 30® 40c; No. 3 white, 37%®39c, No. i white. 37®38c. TOLEDO SEED AND GRAIN. TOLEDO, April 21.—Clover seed Cash, 8)3.50; April, $12.00; October, sll.lO. Alsike —Cash. $11.50. Timothy Cash, $3; May, $3- September, $3.30; October, $3.15. Wheat Cash. $1.43® 1.45; May. $1.46; July. $1.28%. Corn Cash, 64 %® 65 %c. Oats —Cash. 43%®47%c, Rye— Cash, $1.05. Barley—Cash, 68c.

PRIMARY MARKETS. (By Thomson A McKinnon) —April 20— Receipts— Wheat Corn Oats Si .1 obeph . ... 44,000 21.000 Chicago 42.000 247,000 115,000 Milwaukee.... 1,000 ’ 9.000 13.000 Minneapolis .. 73,0(4) <9,(44) 25,000 Duluth 34.009 .->.OOO St Louis 46.000 23.000 22.000 Toledo 14.000 9944) 8.000 Detroit 10,(44) .<>oo 4.000 Kansas City .. 128.(44) ;;0.i44) 5.(44) Peoria 2.(44) 36,000 23,000 Omaha 22,(44) 84,(44 ) 26.000 Indianapolis .. 1.000 27,000 20,000 Totals 417.000 524,000 261,(44) Year ago ... 661.000 417,000 337,000 —Shipment— Wheat Corn Cats St Joseph 22,000 4.000 Chicago 30.000 961,14)0 526,000 Milwaukee ... 3,(44) 715.(441 58.(44) Minneapolis .. 126.00 611,000 59,(44) Duluth 20.(44) St. Louis 67.000 34,(44) 19,000 Toledo 7,000 12,000 1,000 Kansas City.. 251.000 30.(44) 9.000 Peoria 2.(4) 16.0(4) 9.0(4) Omaha 44,000 95.000 18.000 Indianapolis 14,000 12,000 Totals 550,000 1.962,000 715,000 Year ago .. 736,(44) 599,(44) 342,0(4) —Clearances— Wheat Corn Oats Boston 43.(44) Baltimore 523.000 50,000 Totals 566.(44) 50,(44) Year ago .. 697.000 555,(MX) 4,000 INDIANAPOLIS CASH GRAIN. —April 20— Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Steady: No. 2 red, $1.46(qi1.47. Corn—Easier: No. 3 white, 6t@o’2%c; No. 4 white, 00(5.61 %e; No. 3 yellow, 80@61%e; No 4 yellow, 59@60%e; No. 3 mixed, 59@00%c; No. 4 mixed, 58® 59 %c. Oats—Steady : No. 2 white, 40@41%0; No. 3 white, 30(5)40c. Hay—Steady: No. 1 titmothy. sl9@ 19 50; No. 2 titmothy $18.5065:19; No. 1 light clover mixed, [email protected]; No. 1 clover, [email protected]. —lnspeetions Corn—No. 3 white, 3 cars: No. 4 white, 1 car: No. 2 yellow, l car; No. 3 yellow, 2 cars; No. 4 yellow, 2 cars; No. 5 yellow, 1 enr: No. 6 yellow, 2 ears: sample yellow, 1 car; No. 4 mixed, 1 car; No. 6 mixed. 4 cars; sample mixed, 1 car; total. 19 cars. (lots—No. 3 white, 5 cars; No. 4 white. 3 cars; No. 2 mixed, 1 car; No. 8 mixed, 1 car; total, 10 cars. Rye—No. 2, 1 car. WAGUN WHEAT PRICES. lndlanapol’a Hour mun and elevators yesterday were paying $1.35 per bushel for No. 1 red winter wheat; $1.33 for No. 2 red winter ana according to teat for No. 3 red winter INDIANAPOLIS PRODUCE. Eggl—Fresh. 21®22c. Buter —Packing Stock, 14015 c. Poultry—Fowls, 17@22c; broilers. 1% ••<-. * lb. size, 50c; leghorn broilers, at discount; cocks, 13ffll4c; young hen turks, 3 lbs. and up 34®35c; young tom tnrks, 12 lbs. and up, 3.5(58850 old tom turks, 28®80c; cull thin turkeys not wanted; ducks, 4 lbs. and up, 15®18; geese, 19 lbs. and up. 13® 14c; squabs, 11 lbs. to dozen. $5.50&8.00: old guineas, per dozen, $3. Butter Local dealers are paying 38® 39c per lb. for butter delivered In Indianapolis. Butterfat —Local dealers are paying 86c per lb. for butterfat delivered In Indianapolis.

Local Stock Exchange —April 21— STOCKr. Bid Ask Ind. Ry. A Light, c0m....... 60 Ind. Ry. A Light pfd 75 Indpls St. Ry 50 Indpla. N. W. pfd 60 Indpls. A S. E. pfd 60 T. H.. T. A L. pfd 70 T. H.. I. A E. com 5 T. H„ LAE pfd 15 U. T. of Ind. com 1 U. T. of Ind. Ist pfd 4% 9% U. T. of led. 2d pfd 2 Advance- Rumel.v Cos. pfd Adcance-Rumely Cos. com Am. Central Life 195 Am. Cresotlng pfd 94 Beit. R R cum. 67% 70 ♦Belt R. R. pfd 50 Century Bldg. Cos. pfd 93% ... Citizens Gas Cos 20 City Service com ... City Service Cos. pfd.. Dodge Mfg. Cos. pfd 83 ... Home Brewing 40 ... Ind. Hotel Cos. com. 80 Ind. Hotel Cos. pfd 99 Ind. Nat. Life Ins. Cos 2 ••• Ind. Title Guarantee 71 Ind. Pipe Lino 101 Indpls. Abattoir pfd 44 ... Indpls. Gas ■'% ... Indpls. Tel. pfd 90 Indpls. Tel. com 2 ... Mer. Pub. Util, pfd 48 Nat. Motor Oar C 0.... 1 3 Pub Sav. Ins. Cos 5% ••• Raub Fey. pfd 47 Stand. Oil of Ind 93 94% Sterling Fire Ins. Cos 7% ... Van Camp Hdw. pfd 90 ... Van Camp Prod. Ist pfd 100 Va„ Camp Prod. 2d pfd 100 Vandaiia Coal Cos. com 1% 6% Vandalia Coal Cos. pfd 6% 11% Wabash Ry. pfd 32% ... Wabash Ry. com 9 BONDS. Broad Ripple 5s 61 Cltzens St. Ry. 5s 78 Indian Creek Coal A Mine 6s ... 100 Ind. Coke A Gas 6s 86 I.id pis. C. A S. 5s 92 ... Indpls. A Martinsville 55.... 58 Indpls. A North. 5s 39 44 Indpls. Street Ry 67 62 Indpls. A N. W. 5s 47 52 Indpls. A S. E. 5s 45 Indpls., Shelby. A S. E. 5s 75 T. H. 1. A K. 5b 51 Indpls. Gas 5s 85 90 Citizens Gas... 84 ... Kokomo. M. A W. 5s 84% ... Ind. Hotel Cos. 6s 06 ... Indpls. W ater 5s 95 Indpls. Water 4%s 81 Indpls. T. A T 70% 61% Indpls. L. A H 5s .. 87% 02% U. T. of nd. 6s 47% ... Mer. H. A L. 5s * New Tel. L D. 5s 00 New Tel. Ist 6s 96% ... Sou. Ind. Power 6........... 86% 91% •Ex-divldend.

In the Cotton Market NEW YORK, April 20-A return of the clear and warm weather In the South weakened the cotton market at the start today, first prices showing losses >f 1 to 5 points I.oeat traders and Japanese interests sold but there wag some good buying ty Wall Street and New Orleans, and this sustained the list after the opening New York opening cotton prices: May, 17.90 c: July. 17 46 : .lone. 17 48.-: October, 17.50 c; December, 17.49 c January, 17.43 c; March. 17 43c. —Cotton Futures— Open. High Low, close. January ........ 17.48 17.45 17.23 17.26 March 17 4! 17.23 17 24 17.2i5 May 17.90 17.00 17.75 17 76 July 17 46 17.52 17.35 17.36 October 17.50 17.52 17.26 1730 December 17.40 17.50 17.24 17.30 LIVERPOOL. April 21—There was a limited demand for spot cotton today Prices were easier and sales close to 5,000 bales. American middling* fair, 11 Old: good middlings fair, II Old: good middlings. 10.50d; fully middlings. 10 26d middlings, 10 26d ; middlings. 10.11(1: low, n.dld; good ordinary, 8.70 U; ordinary, 8.2d. Futures were steady. CORN AND WHEAT BULLETIN. For the twenty four hours ending at 7 a in , Friday. April 21, 1922: Temper j I ature jjj I Station* of g - _ t-ffi - * Indianapolis a - c £a~ -* c t District. *1 m~ &£ ££ * ts lllfl sis 5 - - --i South Bend .... is 34 o"!o Angola j 47 31 0.25 Fair Ft. Wayne -4* i 32 O.os Wheatfield !52 37 "iff Fair Royal Center 52 38 0.01 Good Marlon 155 37 0 Good Lafayette 55 46 o Good Fnrinluud 54 41 1 0 Good Indianapolis ... 54 '49 ' 0.01 Good Cambridge City. 1 52 ‘ 42 j 0 Good Terre Haute .... 60 48 |OIB ! Bloomington .... 62 35 | 0.22 | Fair Columbus I flu 46 0.10 Fair Vincennes 68 50 ! 001 Soft l’aoli 59 4 3 0.03 Good Evansville j62| 32 j 0 j ” J U ARMINGTO.Y ‘ Meteorologist. Weather Bureau. WHOLESALE BEEF PRICES. The following are today's wholesale prices for beef ruts as sold by the Indianapolis market of Swift A Cos.: Ribs—No. 2. 20c: No 3.15 c. Loins— No. 2,30 c; No. 3.20 c. Round —No. 2, 17c: No. 3,15 c. Cbucks—No. 2,10 c; No. 3.9 c. Plates—No. 2. 7c: No. 3.6 c.

Real Estate Preferred Stock Yielding Q l /2% Based on ground owned in fee simple advantageously located just off Delaware street two squares from Public Library. Building consists of six-story apartment hotel of fireproof construction. The Stock is Guaranteed Both Principal and Dividends We also offer four or five small lots of other realty . issues to net 6V2% Based on Indianapolis property owned in fee simple. Properties erected and in operation. We have a large and well selected list of INDIANA ROAD BONDS SSOO and SI,OOO Denominations All our Realty Issues are approved by the Indiana Securities Commission before we ofler them. BREED, ELLIOTT & HARRISON 109 North Pennsylvania INDIANAPOLIS CINCINNATI CHICAGO DETROIT

SWINE 10 TO 15 CENTS LOWER Steers Demand Better Prices— Veals Strong. RANGE OF HOG PRICES. Good Good Good April Mixed. Heavy. Light. 14 . *10.25 (gp 10.35 SIO.OO @ 10.26 [email protected] 15. 10.35 (§i 10.40 [email protected] [email protected] 17. 10.60 @ 10.75 [email protected] [email protected] 18. [email protected] 10.U>@10.40 10.5010.60 19. 10 [email protected] 10.35@ 10.45 10.50010.60 20. 10. "'0 @ 10.6 C 10.40 @ 10.50 [email protected] 21. 10.40@ 10.50 10.35 @ 10.50 10.50 With fresh receipts close to 7,000 and 2.000 held over from the market of the previous day. swine prices were 10 to 15c lower 'generally in trade on the local livestock market today. Trading was very active throughout the entire forenoon session and practically all of the receipts had been sold before noon. There were again but few heavy hogs on the market, and prices moved within a very narrow range, the bulk of the sales being made at $10.50 and the sales ranging at $10,400/10.60. Cattle values were strong generally, but there were a few sales of steers at prices that were close to 10 to 15c higher than the same kinds brought on the market of the previous day. Receipts of cattle ran close to 700 for the day, and, with the quality good, packers were fairly active. Veal prices were strong generally, with receipts close to 700 and the shipping demand good. There was a top of $10.50 on choice veals and a top of sll on a few extremely fancy veals. With 100 sheep and lambs on the market, prices were steady. HOGB. 100 to 180 lbs average $10.50 Over 3(H) lbs 10 .35® 10.40 150 to 800 lbs 10. OCa 10.55 Best pigs, under 140 lbs [email protected] Top 1060 Roughs 800 fd 9.00 Stags .. 5.50® 7.50 Bulk of sales 10.50 —Cattle— Prime corn-fed steers, 1,000 to 1.800 lbs 7.25@ 8.25 Good to choice steers, 1,200 to 1,300 lbs 6.50® 7.25 Good to choice steers, 1,100 to 1.200. lbr 6.25® 6.50 Good to choice steers. 1.000 to 1.100 Ilis 6.25® 6.25 Common to medium steers, 800 to 1,800 Ills 5.25® 5.50 —Cows and Heifers— Good to choice heifers 7.50® 8.50 Medium heifers 675® 7.50 Common to medium heifers.. 6.50® 6.75 Good to choice cows 5.75® 7.00 Fair to medium cows 4.00® 5.00 Canners 3.00® 4.00 Cutters 2.75® 3.75 —Balls— Fancy butcher buib 5.50® 6.00 Good to choice butcher bulls. 4.00® 525 Boiogna bulls .. 3.50® 4.25 Light bologna bulls 3.00® 3.50 Light to common bu 115...... 2.75® 3.50 —Calves— Choice veals [email protected] Good veals 9.00® 10.00 .Medium veals 7.5M® 000 Lightweight veals 6.5b® 7.50 Commou to heavy weight veals. 5.50® 6.50 —Mockers and Feeders— Good to choice steers under 800 lbs 6.00® 725 Medium cows 2.50® 4 00 Good cows 3.75® 4.75 Good heifers 5 50® 7.00 Medium to good heifers 4.25® 5.00 Milkers 55.00®85.00 —Sheep and Lambs— Cull ewes 2.50® 5.00 Good to choice ewes 5.50® 8.50 Bucks 2 50® 3.50 Clipped lambs [email protected] Wool lambs 12.00® 13 00 Springers 15.0o@18tK) Buck iambs 6.00® 7.00 Coils 4.00® 6.00 Other Livestock CHICAGO, April 20.—Hogs— Receipts. 20,000; market, fairly active and steady to 10 cents higher; hulk of sales, $9.90® 10 65; lop. $10.70; heavies, slo.lo® 10.40: mediums. $10.30® 10.60: lights. $10.40® 10.70; light lights. $9.75® 10.50; heavy packing sows, smooth, $9.10(0.9.75; packing sows, rough. [email protected]; pigs, $8.75® 975 Cattle--Receipts, 10.000: market, active and strong to 15 cents higher. Beef steers —Choice and prime, $8.75®9.40; medium and good, $7.50® ,8.75: good and choice. sfv2s@9; common and medium. $6.00®h.75. Butcher cattle —Heifers $5.50 ® s 40; cows, [email protected]; hulls. $4.10® 6 50. Canners and cutters —Cows and heifers. $3.25®4.50; canner steers. $4.25®5.25; veal calves, light and bandyweight, $5.75 (<l 7 75; feeder steers, $5.87®7.50; Stocker steers $5,754(7.40: Stockers and feeders, [email protected]. Sheep and lamhs—Receipts. 8,ihsi; market, killing classes, steady to 25 cents higher; good to choice lambs. $11.25® 18 85; cull and common lambs. $9 (ill 1.A0: yearling wethers. $9.75® 12.25; ewes. SU.SO®9; cull and common ewes. $3 (a 6.50. CINCINNATI. April 20 —Hogs—Receipts, 6.500; market, steady; roughs, lower; heavies, mixed and mediums, $10.65; lights, $10.40: pigs. $10; roughs, ss-.70; stags. $5.25. Cattle—Receipts, 809; market, slow steidy; bulls, weak; calves. $lO. Sheep and lambs Receipts. 230; market, strong: ewes, $7; clipped ewes, $5.50; wool lambs, sls; clipped lambs, sl4; springers. s'B. EAST ST. 1,0 1 IS, April 20. —Hogs— Receipts. 9.000; market, 10 to 15 cents higher; mixed and butchers, $10.45® 10.55; good heavies. $10.40® 10.50 : roughs, $8.85® 9; lights, $10.50® 10.55; pigs, $8.75® 10.25; bulk of sales, $10.45® 10.55. Cattle—Receipts. 1,500; market, steady; native beef

steers. $8.25@9; yearling steer* end heifers, sß@9; cows, [email protected]; stockerg and feeders, [email protected]; calves, [email protected]; canners and cutters. $2®3.75. Sheep and lambs—Receipts, 700; market, steady; mutton ewes. $5.75®9: good lambs, slo® 15; canners and choppers, $2.25@5. CLEVELAND, April 20.—Hogs—Receipts. 5.000; market, steady; yorkers, mixed and mediums, $11; pigs. $10.75; roughs, $8.50; stags, $5.50. Cattle —Receipts, 250: market, active and steady. Sheep and lambs—Receipts. 1.000; market, steady; top, sl4 Calves —Receipts, 350; market, steady; top, $lO. PITTSBURGH, April 21.—Hogs—Receipts, 2,000; market steady; prime heavies, $10.80@1().90; mediums. $11®11.15; heavy and light yorkers. [email protected]; pigs, [email protected]; pigs, $10.75® 10.85; roughs, $7.50®8.40; stags, [email protected]. Cattle—Receipts. llgnt; market siow, steady. Calves —Receipts, light; market steady; veal calves, $10.50; heavy and thin calves. [email protected]. Sheep and lambs—-Receipts, 1,000; market steady prime wethers, $7.75 @8.25; good mixed, [email protected]: fair mixed, s6® 6.75; culls and commons, s2@4; choice lambs, $14.50. EAST BUFFALO, N. Y.. April 20. Hogg Receipts, 1,280; market active; yorkers $ [email protected]; pigs. $11.25® 11.50; mixed. [email protected]; heavies. $11.25® 11.40; roughs, [email protected]; stags, [email protected]. Cattle — Receipts, 150; market active; shipping steers, [email protected]; butcher grades, $7.50® 8.50: heifers, [email protected]; cows, $2.25@5; bulls, [email protected]; feeders. ss®6; milk cows and springers. s2s® 125. Calves— Receipts, 250; market active; cull to choice, $4.50@11. Sheep and lambs—Receipts. 1,200; market active; choice lambs, [email protected]; cull to fair lambs. $6.50® 14; yearlings. $8@11; sheep. [email protected]. CHICAGO PRODUCE. CHICAGO, April 21.—Butter—Receipts, 5.500 tubs; creamery extras. 37c; firsts. 33%®36%c: standards, 38%c; packing stock, 17@18c. Eggs—Receipts, 21.500 eases; current receipts, 2’.®23%c; ordinary firsts. 22@22%e; firsts. 23%@24c: checks, 20@20%e; dirties. 20 %® 21c. Cheese Twins, new, 15%@16c; daisied, 15%@16c; young Americas, 17@17%c; longhorns, 16%c; bricks, 14®14%e. Live poultry—Turkeys, 30c; broilers, 45@50e; chickens. 24c; roosters, 18c; geese, 18c; ducks, 30c.

Statement of Condition 07 THE Providence Washington Insurance Company PROVIDENCE. B 2 L 20 Market Sqoar*. ON THE 31st Day of December, 1921 3. B. BRANCH, President. A. G. BEALS, Secretary. Amount of capital paid up... .$1,000,000.00 NET ASSETS OF COMPANY. Cash In bank* (on Interest and not on interest) $ 772,982.08 Real estate unincumbered .... 100,0)0.00 Bonds and stocks owned (market value) 7,373,380.56 Accrued securities (Interest and rents, etc.) 42.125 49 Premiums and accounts due and in procees of collection. 1,031,944.68 Accounts otherwise secured... 142,010-22 Total net assets ......... -$9,462,442.87 LIABILITIES. Reserve or amount necessary to reinsure outstanding J?, ks $4.076,495-.X. Losses due and unpaid 1,320,413.73 Other liabilities of the company 224*4 00-Zo Total llabllitla# $3,621,674-60 Capital 1.ud0.000.00 surplus :::: Total State of Indiana. Offlr* *<t Commlaslonar ot Insuranc*. I, the undersigned, Commissioner #f Insurance of Indians, hereby certify that the above Is a correct copy of the statement of the condition of the shove mentioned company on the 31st day of December. 1921, as shown by the original statement, and tbat tbe said original statement is now on file in this office. In testimony whereof, 1 hereunto subscribe my name and nfllx my (SEAL.) official seal, this Ist day of April, 1022. T. S. McMURRAY. JR, Commissioner.

Statement of Condition or THU Phoenix Assurance Cos. Lid. of London NEW TORK. N. Y. 100 William St. ON THH 31st Day of December, 1921 PBRCIVAL. BBRESFORD. U.V Manager. HOWARD TERHUNE, Secretary. Amount of deposit capital....# 400.000.00 NET ASSETS OF COMPANY. Cash In banks (on Interest and not on Interest) $ 315.885.64 Bond# and stocks owned (market value) 4,978,606.00 Accrued securities (Interest and rents, etc.) 70,237.70 Premiums and account# doe and In process of collection. 1.396,258 02 Accounts otherwise secured... 18,#77.3# Total net assets ........ .#8,777,754.7# LIABILITIES. Reserve or amount necessary to reinsure outstanding risks #3,617,661.00 Losses due and unpatd 176,748.10 Losses adjusted and not due. 291,285.00 Losses unadjusted and In suspense 39,275.00 Bills and accounts unpaid... 120,010.25 Total liabilities #4,244,979.44 Deposit capital 400,000 00 Surplus 2.132,775.31 Total #6,T77,754.T5 State of Indiana, Office of Commissioner of Insurance. I, the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above Is a correct copy of the statement of the condition of the above mentioned company on the Slst day of December, 1921. as shown by the original statement, and that the said original statement is now on file in this office. In testimony whereof, I hereunto subscribe my name and affix my (SEAL.) official seal, this Ist day of April, 1922. T. ft. McMCRRAY. JR., Crn n Ufl ftHKi

APRIL 21,1922.

Weather The following table shows the state of the weather at 7 a. m., April 21, as observed by U. S. Weather Bureaus: Station Bar. Temp. Weather Indianapolis, Ind... 30.17 60 Rain Atlanta. Ga 80.42 54 Cloudy Amarillo, Tex 30.24 44 Clear Bismarck, N. D. ... 30.42 32 Clear Boston, Mass 30.04 34 Clear Chicago, 111 30.28 38 Cloudy Cincinnati, 0hi0... 30.20 50 Cloudy Cleveland, Ohio 80.30 v 2 Cloudy Denver, Colo 30.30 38 Clear j Dodge City, Kas... 30.24 44 Clear J Helena, Mont 30.24 36 Clear " Jacksonville, Fla. . 30.80 5$ Clear Kansas City. Mo. . 30.22 58 Clear Louisville, Ky 30.26 50 Cloudy Little Rock, Ark.... 30.36 54 Clear Los Angeles, Cal. . 30.04 58 Cloudy Mobile, Ala 30.38 56 Cloudy New Orleans. La.... 30.36 60 Clear New York, N. Y. .. 30.24 34 Clear Norfolk. Va 30.38 50 PtCldy Oklahoma City 30.30 52 Clear Omaha, Neb 30.26 50 Clear Philadelphia, Pa.... 30.30 40 Clear Pittsburgh. I’a. ... 30.30 34 Snow Portland. Ore 30.20 46 Clear Rapid City, S. D... 30.34 46 Clear Roseburg, Ore 30.20 40 Clear San Antonio, Tex. . 30.30 (50 Cloudy San Francisco, Cal. 30.12 4S Cloudy St. Louis. Mo 30.22 58 Clear St. Paul, Minn 30.34 36 PtCldy Tampa. Fla 30.24 64 Cloudy Washington, D. C.. 30.32 44 PtCldy WEATHER CONDITIONS. During Thursday night a slight disturbance center causing light showers developed In the Ohio Valley, but in other parts of the country the weather lias been generally fair since Thursday morning. It Is warmer, as a rule, In the central valleys and in much of the western high, lands section. Temperatures in tills region are above normal south of the 40th parallel. —White River Condition*.— At 7 a. m. today stages In White River were as follows: Indianapolis, 9.8, falling; Elliston, missing: Shoals, 26.9, faillng; Decker. 25.4, rising. The river at Shoals reached crest at 28.1 feet at 1 p. m., April 19.

Statement of Condition OF THE Minneapolis, Fire & Marine Ins. Cos. MINNEAPOLIS, MINN. 419-429 Second Ave. South. ON THE 31st Day of December, IS2I FRED C. VAN DUSEN, President. WALTER C. LEACH. Secretary. Amount of capital paid np....$ 200,000.00 NET ASSETS OF COMPANY Cash In banks (on interest and not on interest) $ 103,958.45 Bonds and stocks owned (market value) 565,687.00 Mortgage loans on real estate (free from any prior Incumbrance) 240,060.00 Accrued securities (Interest and rents, etc) 18,484.3$ Premiums and accounts due and In process of collection. 83,497.1$ Total net assets ........ .$1,031,676.9$ LIABILITIES. Reserve or amount necessary to reinsure outstanding risks | 550.6R8.tVf Losses adjusted and not doe. 6,906.64 Losses unadjusted and In . suspense 61.222.CHR Bills and accounts unpaid... 58,200.0(r Other liabilities of the company 20,000.09 Total liabilities $ 677,996.71 Capital 200,000.00 Surplus 153.650.22 Total $1,031,576.93 Greatest amount In any one risk 25,000.00 State of Indiana, Office of Commissioner of Insurance. I, tbs undersigned, commissioner of insurance of Indiana, herejy certify that the above la a correct copy of the statement of the condition of the above mentioned company on the 31st day of December, 1 ViX, as shown by the original • tatement, and that the said original statement Is now on file In this office. Is testimony whereof, I hereunto subscribe my name and affix my (SEAL) official seal, this Ist day of April, 19C2. T. S. McMTRRAY, JR., Commissioner.

Statement of Condition or THB Rhode Island Insurance Company { FBOVTDENCB, a I. 17 Custom House st> OX THE 31st Day of December, 1921 GEORGE L SHIPLEY. President. EMIL O. PIEPER, Secretary. Amount of capital paid nj....$ 600,000.00 NET ASSETS OF COMPANY. Cash in banks (on Interest and not on Interest) .$ 254.663.9S Bonds and stocks owned (market value) 2J565.230.50 Accrued securities (Interest and rent#, etc.) 18,904.4# Retnauranee due 87,985.04 Refund taxes account reinsurance treaty 1,436.95 Premium* and account# due and In process of collection. 447,995.7# Accounts otherwise secured.. 300.00 Total net assets ..... $3,179,107.29 LIABILITIES. Reserve or amount necessary to reinsure outstanding risks $L656.402.5i Losses due and unpaid, losses adjusted and not due. losses unadjusted and in suspense. 195.455.50 Other llballtles ot the company * 202,838.60 Total liabilities $2,061,726.93 Capital 600,000.00 Surplus 621.470.3# Total $3,179,197.29^ State of Indiana. Office of Commissioner of Insurance. I, the undersigned, commissioner of tasurance of Indiana, hereby certify that the above Is a correct copy of the statement of the condition of the above mentioned company on the Slst day of December. 1931, as shown by the original statement, and that the said original statement is now on file in this office. In testimony whereof, I hereunto subscribe my name and affix my (SEAL) official seal this Ist day of April, 1922. T. A McMURRAY. J3L, CemmiMloan.