Indianapolis Times, Volume 34, Number 312, Indianapolis, Marion County, 11 May 1922 — Page 12

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MARKET STALE, ! TRADING DROPS! TO LOW POINT Condition Unresponsive to Anything Except Highly Stimulating. WEAKNESS SPECULATIVE Special to Indiana Daily Times and Philadelphia public Dedeer BY MONITOR. NEW YORK. May 11.—Both from the standpoint of price trend and undertone, the stock market continues to show more or less of speculative staleness, a condition which makes it unresponsive to anything except developments of a highly stimulating character. The volume of trading also indicates a waning f interest. as the total transactions Wednesday •popped down to around three-quarter# •fa million shares, the smallest aggregate in several weeks. Apparently tlie weakening of the undertone is due to speculative rather than fundamental factors. It is true that some disappointment has resulted from the liattening out of the Genoa conference, but time probably will prove that certain solid benefits have accrued from this meeting. There has been opportunity for meeting and discussion on the part of the varied elements among European nationalities. and it would seem that the desirability of cooperation has been pretty clearly established. The fifteenyear agreement between Germany and Poland on Silesia is one of the outcomes of the conference. Outside of the sree! tonnage figures showing a gain of 602.000 tons In unfilled orders on the books of the United States Steel Corporation, the day brought forth no special new developments. Steel shares were only mildly stimulated by the report, and soon sagged off with the rest of the list. The weekly review oof the Iron Age called attention to the hardening of prices throughout the Industry. and reported that operations were only slightly affected by the coal strike. Some products are becoming scarce, notably sheet bars. There were no special features In the way of price movements in the day's market. Reaction ranging from fractions to more than two points were quite general throughout the list. Eiectrie Storage Bttery. General Eiectrie. and a few other specialties were sharply lower, thns indicating that disappointed hold, ers were selling out some of their holdings. aftr having failed to liquidate on the crest of the recent rise. The rails appear to be marking time, with traders showing a disposition to await the rate and wage decisions, neither of which is expec*ed f-*r a week or so. Broadly rpeaking. there is no inclination to look for renewed strength and activity until there is more evidence of the liquidation of the stale long Interest, or tinless some strikingly bullish developments furnishes an Incentive for buying on an aggressive scale.

WALL STREET GOS^ T P | NEW YORK. Mav 11—Although the so called “billion dollar special" returned from the tour of the Independent Steel I Company plants yesterday, most of the leading steel men had dropped off at various points. T. L. Chadbourne told ] reporters that the trip had been made | only as an inspection of the physical properties and that so far there had i been no taik of actual terms. Prenn'ure estimates have had no basts, in fact A special meeting of the various members of the contemplated merger will be held in the office of Kuhn. l.oeb & Cos. next Tuesday morning, at which in the question of terms will be taken up. Among the steel men who made the trip of inspection were Messrs. Corey and Dickey of the Midvale Ste-l Company, John A. Topping and Y. J. Bray of the Republic Steel Company: Pames A Campbell and C. S. Robinson of Youngstown Sheet and Tube 4 ompany ; James H. Grose, president, and J. B Kennedy, a large stockholder of Brier Hill: G. F. Downs of the Lackawanna Fteel Companv: L. N. Block and P D. Block of the inland Steel Company, and Clavton Mark and Clarence Mark of the Steel and Tube Company of America. In addition to the officials, about twenty, five engineers and accountants accompanied the party, including two each from Price. Waterhouse & Cos. and Arthur Young and Company. Mr. Chadbourne declared that the merger was almost certain to go through with the seven companies already mentioned on a basis of transfer of all physical properties to one of the existing coni panics to anew company to be paid for. part cash and part stock. Two months ago the merger was described as a “ten to ore shot." whereas now it is declared the odds are two to one la favor. The combined capacltv of the merged companies will be m.oOO.nuO ingot tons and 7.000.000 tons of finished street per year, and it is declared that there is nothing In the contemplated plnn which is contrary to either the JShermau, or Clayton acts. Shipment of $500,000 In gold by the Yokohama Specie Bank to Bombay does not appear to have any depressing Influence than nppears on the surface. There is no indication that any further gold shipments may be expected until the same accumulation of Indian bills occurs without a corresponding volume of American bills on India. Steel unfilled tonnage report for the month of April just about met expectations. the increase for the month befog 602.275 tons. It is believed that steel shipments by tho United States Steel Corporation during the month amounted to about 950.000 tons, which would indicate incoming business at the rate of 1,500,000 tons Sir Henry Deterding. managing director of ltoynl Dutch, denies that the Roval Dutch interests are making any attempt, or would countenance any attempt to secure oil lands in Russia if the title to said lauds should he doubtful. Inasmuch as other nationals claim title to many of the Russian oil lands, basing their claims on pre-war purchases, and concessions. Sir Henry's denial would seem to eliminate many oil fields from consideration by the British oil interests. Increased activity in the steel lndustry is indicated by reports from the Lake Superior district on gains In Iron mining operations. All mines of the Oliver Iron Mining Company on the Gogebic Range Ore now running full time, involving the employment of 2.O(Xt additional men. On the Cuyuna Range seven mines are reported in operation. Renorts just received by the car service division of the American Railway Association show that 758,286 cars were loaded with revenue freight during the wok which ended on April 20. compared with 714.08 during the previous week, or an increase of 44,198. This was the largest number of cars loaded during any one week In April, and was an increase of 57.202 over the corresponding week In 1921, but a reduction of 42.674 compared with the corresponding week In 1920. American Smelting & Refining, which earned its preferred dividend after all charges in the first quarter, is improving steadily, and, with a combination of increased oo.'isutnptein and expected lower freight rates, th~ outlook for the rest of the year is much more favorable. However. American Smelting & Refining was caught with the general reaction in the market and lost more than a point. Rail stocks were dominated to some extent by the anounoeinent that President Harding has summoned fifteen of the leading transportation executives of the country to attend a dinner at the White House on May 20 with an idea of discussing the general rate situation. While railroad presidents here, who are regarded as certain guests at this dinner, refused to discuss the subject for publication, it was said that the Invitation was general in scope. In railroad circles here it is generally believed that railroad leaders who are

certain to attend the President’s dinner are A. H. Smith of the New York Central, Samuel Rea, president of the Pennsylvania; Daniel Willard of the Baltimore & Ohio, Hale Holden of the Chicago, Burlington & Quincy, Judge Lovett of the Union Pacific, Frederick D. Underwood of the Erie. Julius Kruttscbnit of the Southern Pacific and Howard Elliott of the Northern Pacific. Inasmuch as the President's invitation is reported to have named fifteeu executives, the most likely candidates to make up the balance are B. F. Bush of the Missouri Faeific, Fairfax Harrison of the Southern Railway, AV. L. Mnpothor of the Louisville fc Nashville Railway, C. H. Markham of the Illinois Central. W. B. Storey of the Atchison, Ralph Budd of tho Great Northern, H. E. Bvram of St. Paul and Edward J. Pearson of the New Haven—Copyright, 1922, by Public Ledger Company. A. T. Stock Exchange (By Thomson & McKinnon, i —May 11 - Trev. High. Low. Close, close. Ajax Rubber... 10'* 16% 16% 16% Allied them 60 65% 00 06% Allis-Chalmers.. 48% 47% 48% 48'* Am. B. Sugar.. 3$ % 38% 38% 38'.a Air. B. Mag 41% 43 43% .... Am. Can 47 45j 47 46*$ An, Car & Fy..160 150% 150*3 • Au.erlcan Ice ...102'-* 100 102 103 An..H, & L.pfd.. GO'4 65% 60% 00 ’ j Am. Inter. Corp. 43% 43 43% 43% Am. Locomotive 113*2 111% 113 113”* An.. S. Fdrv 5s' * 3t“jt 3* * * 38 Am. S. & Ref... 56 .j 54 7 s 50% 50*2 Am. Sug. Kef.... 733* 72*'* 7.0 V, 73*3 Am.S.Tob. Cos.. 33'* 52 T s 33'*3370 7 Am. Tel. & Te 1.122 12!% 121% 122 Am. Tobacco ...137% 137 137. 139** Am. Woolen 91 89% 91 91% Anaconda 52% 51% 52*s 52** Atchison 99% 99 99'* 99 % At C. Line .100 100 100 101 At. G. X W. 1.. 35% 34*4 35 35U, Austell Nichols ..25 1 a 24% 25% 25% Baldwin Loco . .115% US 1 * 115% 114% B. & 0 40% 43% 45% 40 Beth. S. (B) 79 76% 75% 77% B. R.' Transit... 26% 25% 25% 25% California Pete.. 55% 54% 54% 53% Can. Par. Ry.,.139% ins 139% 139% Cent. Leather 30V* 50 36% 50% Cfaand. Motor... 73 72 72*2 72 C A 0 64% 01 04 64*4 C. A S.P.eom. 25% 24% 23% 25% CM. A S.l'.pfd. 42% 41V* 41 % 42% "•hi. A N.W.... 73% 73% 75% 74 C.R.I. & I'ac.. 43 42% 42% 42% CRI A P.Opc pf.l SI 80% H>% 81 Cltl A P.7pc pfd 95% 95% 95% 95% Chill Copper. .. 19*, 18% 19% 19% Comp. A Tab... 00% 03% 66 60% Chino Copper.. 27% 27% 27% 27% Columbia Gas... 87% SC S7 87% Coca Cola 57% 56% 57 56% Col. F. A 1 32% 31% 32% 33 Consol. Gas 310% 114% 110% 115% C’ontin. Can 64% 62 64 % 64 Corn Products. .10" % 99% 100% 100 Crucible Steel... 09 67% 68% 7% Cub. Am. Sugar 21% 2; % 21% 21% Cub. Cane Sug.. 15% 15 15 15V* Del. A Lack.... 110% 115% 116% lt Dome Mines.... 27% 27 27 27% Erie 13 12% 12% 13 Kiec. S. Baity.. 109 107% 168 Endicott A J 81% SO% >1 82% Famous Player* 80V* 79% so% 80 Fisk Rub. Cos.. 18% 17% is ls% General Asphalt 61 39% 01 60 General Cigars. 74 74 Vo Gen. Electric... 162% 162 162 162 General Motors. 12% 12% 12% 12% Goodrich 40 39% 39% t"% Gt. North, pfd. 74% 73% 73% 74% Gt. North. Ore.. 39 3s % 39% 35% Gulf States Steel 53 79% 82% 81 Hupp Motors... 15*, 17% la 18% Houston 0i1.... 77% 76% 77% 77% Illinois Central 1)0'* U'4 164% 104% Indiahntna 3% 4% 4% 4% Inspiration Cop. 40 39 % 39*8 40 Inter. Harvester 97% 90% 90% 97% Internati. Nickel 17 16% 16% 17 Inter Paper.... 49% 4'** 49% 49% Invincible Oil . 17% 17 * 17% 17% Keystone Tire. 21% 2*>% 21% 21% Kelly-Spg. Tire. 49 , 45% 49% 56% Kenct. Copper. 32% 31% 32 33 Lacka. Steel... 66 ss'* 65% s**% Lee Tire A Rub 32% 32% 32% 33 Lima Loco I*lß% 107% 107% 108% Lehigh Valley .. 01 01 oi O' % Loews. Inc 10'*, I*l 10 16% Martin Parry... 31 30% 3*>% 3<*% Marine com 22% 21% 22% 22% Marine pfd 81 % SO% 51* 82% Mav St.-r-s ..110% 110 110% 117% Maryland 0i1... 31% 31 31% 31 M. Pet 129 1.7 125'* 1-7% Miami Copper •• 2.x% lx is 28% Mid. 8 'ii 14% 14 14% 14% Midvale steel... 38 35% 37% 70% Mo Pac. Ry 23% 22% 22% 23% Mo.Pao.Ry. pfd. 55% 54% 71% 55% Mont. A Ward... 21% 20% 21% 20% Nat. Lead 92% 92 92 93 Nev. Con Cop.. 10% 10% 10% 10% N Y. Airbrake... 75 75 75 76 N. Y Central... 89% 88 #:*% 89 New Haven 29% 28% 29% 23% ,\.ir. A 11 e[, ..I****, liS'% 10. * % I'D) Nor. Pacific.. .. 75% 75 75 75% Ow'n. Bot. com. 30 35% 35 30% Pa-lflc CM! 04% 03 04% 01% I'nn-Am. Pete... 63 61% 62% 02% I‘euiia Ry 41 % 40'*, 41% 41% People's Gas... 87 85% %v* 87% Pere Marquette. 31 30% 34)"* 3’*% Producers A Ref 36% 30 36% 36% Pierce Arrow... 21% 20% 21 21% Pull. Pal. Car.. 12>>% 18% ip.t-% 120% Pure Oil 32% 31% 31% 32% Ry. Steel 5p....116 99% 99% l'*ft Reading 77", 76 7*7'* 70% l;*'p 1 and Steel 67 % 63% 07% i'*3% Replngle STeel. . 33% 318, 33% 32 Roy. D. **f N. Y. 6.2% Os, 02% 63% s.-ars Roebuck 71% 72% 74% 74% ! Slnelalr 31% 30% 31% 31% ißloss-S S. & 1.. 43 43 43 43 Southern Pac.. I"'% 89 ,1 j 90% 90 i Southern Ry ...24 23 23*, 24% St. LASW Rv 29 28*., ‘2 29 S Oil of Cal 113% 110 112 113 S Oil ~f N J. .186 Ix 4 186 185 St L A S F cm 29% 28% 29 29% Stewart A W.. 38% 37% 37% 39 Strom*.erg Cart). 2*4 5 7rt)% 51* 53 Studebaker ... 110% 114’, 110% 115% ! Texas Gas 42 42 4'2 42% I Texas Coal .... 28% 27% 2x'% 2' Texas Cos 47% 40% 47% 47 Texas Pac 32% 31 31% 33 Tol). Prod 66% 05 06% tW.'i Trans, oil 13% 13 13% 13% Union Oil 22% 21% 22 22% Union I’nc 136% 135% 130% 137 United Drug ... 70 68% 68% 70 United Fruit . .141% 139 141 % U S. Retail S. 54% 50% 54% V. S. ('. I. P. . 33Vi 32% 32% 33% U. S. In. A. ... 45 47% 48 46'.. U. S. Rubber . 63% 02% 03% 03V* U. S. Smelting. 39% 38% 39 39% U. S. Steel 97% 90% 97% 97% U. S. S. pfd. ...118*4 118% 118% 11,8% Utah Copper ... 64% 63% 03% 65 Vanadium Steel. 4x% 41% 48 45% Wabash 10% I<> 10*4 10V* Till*, st- pfd 30% 29% 30% 30% Worth Pump... 31% s* ,V) ! West. Pacific.... 21% 20% 20% 22 ’ Western Union. 97 90 % 97 West. Alrbrnkp. 93*4, 95 95 West. Electric.. 62% 01% 62% 02% White Motors... 47% 47% 47', 47% Will vs Overland 8 7% 7% 8 White Oil 10 10 10 10% Woolworth 15.8% 130 150% 159% NEW YORK LIBERTY BONDS. —May 11— Prev. High. Low. Close. Close. Liberty 3%s 99.34 99.10 99.14 99.40 Liberty Ist 4s 90.00 Liberty 2nd 4s 09.42 00.50 Liberty Ist 4%s 911.88 99.70 99 70 99 SO Liberty 2nd 4%s 99 38 99 50 99 32 00 50 Liberty 3rd 4%s 90>2 90 70 09 80 99 78 Liberty 4th 4*/s 99.94 99.80 99.90 99 90 Victory 3%s 100.04 i0u.02 Phi 02 100 02 Victory 4%s 100.53 100.50 100.50 100.50 CHICAGO STOCKS. tßy Thomson A McKinnon.) —May 11.— Oi*en High Low Close Armour Cos. i>fd. 90% Armour Lea 12% 12% 12% 12% Chi. City Rys.. 1% Chi. El. Rys 8 | Com. Edison .. 130% 130% 130% 130", ( Con. Motors ... 8% .8% x% 8% Deere Cos. pfd.. 78 7x 77 78 Earl Motors .... 3% 3% 3% 3% ! Llbby-McXelll . 2% 32% 2% i Mont. Ward ... 21 21% 20% 21% Nat. Lea. new. 9% ! Pick A Cos 27'* 27% 27 27 | Pigglv Wiggly. 48 48 44 45% | Ron Motors 24 24 23% 23% ! Stewart-Warner. 39% 39% 37% 39 Swift A Cos 101% 101% 101% 101% Swift Inti 20% 20% 20% 20% Thompson J. R. 48% 48** 47% 47% Temtor Corn .. 2% Union Carbide .50 50% 55% 50% Wahl 65% 05*0 64 65 Wrlgley 102 102' J 102 102 Yellow Taxi ... 73 75 73% 74 NEW YORK SUGARS. NEW YORK. May 11.—Trade in raw sugars was quiet and prices steady on the market today. Cubas gold at 3.98 c per pound, duty paid, nud Porto Ricos at 3.86<g3.88e per pound, delivered. Refined sugars were firm, flue granulated selling at [email protected] aad N. 1 soft at 5.20*33.50c per pound*

STOCKS REGISTER LATE RECOVERIES Lackawana Steel Makes Gain of 10 Points Before Close. NEW YORK, May 11.—The stock market closed strong today. The market was active and strong throughout the last hour, led by the independent steel issues. Lackawanna Steel was in large demand, advancing *0 67%. an upturn of nearly 10 points from Its low of the morning. United States Steel touched 97%. Crucible Steel. 09. and Republic, 65%. The railroad list also recovered. New Haven selling at 29%, and Reading at 77%. Studebaker rallied to 115%, and Mexican Petroleum to 125%. United Retail Stores rose over 2 points to 54%. Government bonds were unchanged and railway and other bond# strong. Sales of stocks for the day were 1,140,500 shares. „ , „ Bond sales for the day totaled ?10.090,000. (By Thomson A McKinnon.) - May 11 Tlie stock market today again suffered in value. At one period of the forenoon the Belling was 'the heaviest for some time. On the decline, some guport appeared, but most of the stocks were taken by some of tlie local professional element, which suggests tlie buying was to cover short commitments. The action of the market was responsive solely to the weak technical position that has been created here, as there was nothing in the news of the day to create anv apprehension. Asa matter of fact, the market information was a little more favorable than heretofore, reports front Genoa being encouraging. Traffic reports from several western roads show n substantial Increase, the Bt. Paul reporting 31.(MH) cars f**r first six davs of the month, which compares with 26,000 and the Rock Island reports close 011 to 32,000 cars, against 26.000 for the first eight days of the month. The news in relation to the steel merger is becoming a little more specific and there Is now a reasonable likelihood of its success. Some further combinations in this Industry will not be surprising. During the past week many stocks have declined substantially and full allowance must lie made for this and it Is not advisable to become bearish after sharp setbacks, but so long as the public interests remains over extended there will be limit to the bulges and these should he avoided of t< reduce commitments. TWENTT STOCKS AVERAGE. NEW YORK May 11.—Twenty industrial stocks Wednesday averaged 91.58. off .99 per cent. Twenty active rails average*l 83.13, *'ff .85 per eenr. CLEARING HOUSE STATEMENT. NEW YORK, May 11. Exchanges, $702.800.090; balances. $54,100,000; Federal Reserve Bank credit balances, $45,800.000.

Money and Exchange Indianapolis bank clearings Thursday were $3,469.0**0; debits, $5,226,000. NEW YORK. May 11 he foreign exchange mark**) opined firm today, with demand Sterling %c higher "1 $1.45, Francs were 2% centime* higher to p.14%0 f**r cables, and to 5 31%*' for checks. Belgian francs advanced 1 % centimes to * .'loc for cables, and t*> 535%c for cheeks. Marks were % **f a point higher at ,00.13 c. Guilder cables were 38 52c; chocks, 38 47-. Sued,*:* kronen cables w-re 25.07 c; cheeks. 25.62 c Norway kronen cables were 18*iv; checks. 18.03 c. Denmark kronen cabb-s wer- 21.33 c, check? 21 2.8 c. XEW lOKK ( \I.I. MONEY. NEW YORK, May IL—Money-<'all money ruled 4 p**r cent: high. 4% p**r • •■lit: l**w. 5% per c--:it. Tim,- rate? all 4r,f4% per cent. Time mercantile paper quid Sterling rxchnug** wa> ?t* i*ly. with business it; ininkers' bills at 8141% f**r demand. MOTOR SH I ItiriF.S. i.liy Thomson A McKinnon.) —May 11 - < 'losing Bid. Ask Karl Motors 3 3-j Packard c*>tu .. • 12% 15 Packard' pfd *o ** I'. .-less 39 41 Continental Motors com. ... s'* - % Continental Motors pfd 87 91 Hupp <om lx% 19 Hupp pfd 9' 1"< Keo Motor Car 23% 24% Elgin Motors 2% 3 Grant Motors 1 1% For d* f Canada 3x7 39-5 National Motors 1 % 3 Federal I rin k 22 Paige Motors 2*> 22 Republic Truck 8 BVi ACTIVE OIL STOt KS, (By Thomson A McKinnon 1 —May 11 Opening Bid. Ask * ngl*> American Oil . 2u j 21% Atlantic Lobos 1"% 11 % Born- Scrymer 30<) SBll Buckeye Pipe Line 97 99 Chcscbrough Mfg. Cons 19*4 2*) Continental ••it, Colorado ....142 148 • Ogden Oil n id Gas 3 .8 Crescent Ripe Line 35 58 Cumberland Pipe Line 140 15u Elk Basin Pete 8% 8% Eur**ka Pipe Line 161 T>l Galena-Signal Oil, pref IB) 115 Galena-Signal OH, cutn tk) <2l Illinois Pipe Line 196 195 Indiana Pipe Line 99 192 Merritt Oil II I*% Midwest Oil 2% 3 Midwest Rtg 2ihi National Transit 59 31% New York '1 ranslt 174 177 Northern Pipe Line I*t7 UK) Ohio Oil 220 230 Oklahoma P. A R 7 8 Penn Mex 27 32 Prairie t*i| and Gas 605 615 Prairie Pipe Line 227 232 Sapulpa Kefg 3% 4 Solar Refining 300 3.80 Southern Pipe Line 101 I*)4 South Penn Oil 225 239 Southwest Perm Pipe Lines.. 62 (25 Standard Oil Cos. of Ind I'M 104% standard oil Cos. of Kan.... 570 s*o Standard Oil Cos. of Ky 82% 82% Standard Oil Cos. of Neb 190 200 Standard oil <’*>. <*f N. V. ...402 412 standard OH Cos. of 0hi0....400 480 Swan A Finch 30 40 Vacuum Oil 435 445 Washington Oil 20 30 NEW YORK CURB MARKET. (By Thomson A McKinnon) —May 11 Bid. Ask. Acme Backing 45 50 < urtis Aero com 4% 5% C irtts Aero pfd 24 25 Boston A Montana 19 20 Bos'ou A Montana Corp. 83 85 Goldfield Con 0 8 Jumbo Extension 3 *_ International Petroleum. 20% 207-4 Kirby Oil 11 11% Standard Motors 4"* 5 Sait Creek 18% ls^i Tonupuh Extension 1 9-10 1% Tonopah Mining 1% 17# United P S new 0% 7 U. S. Light A Heat 1% l T s U. S. Light A Heat pfd.. 1% 1% Wright-Martin 2 5 Yukon Gold Mine C 0.... 1 1% Jerome 3% 3% New Cornelia 17% I*% United V* rill- 28 25% Sequoyah 3 12 Omar oil 2% 2 3-10 Republic Tire 80 NEW YORK WOOL. NEW YORK, May 11.—Wool price? were strong In trading on the exchange here today. Domestic fleece. XX Ohio, was quoted at 33(5j.49e per pound: dom*silc pulled, scoured basis, at 50((j90c and Texns domestic, scoured basis, at 00c<g?1.15. NEW YORK METAL MARKET. NEW YORK, May 11—CopperSteady; spot and May offered, 12%c; June and July, 12%@12%c. LeadQuiet: spot, May and June. [email protected]. Spelter—Firm; spot and May, Sc bid: June and July. 5.05 c bid. STANDARD OIL OF INDIANA. Sale#, 18.000 shiire#. Open. 104*4 * high, 104%; low, 108%; close, 104.

INDIANA DAILY TIMES.

Weather The following table shows the state of the weather at 7 a. m.. May 10 as observed by United States Weather Bureaus: Station. Bar. Temp. Weather. Indianapolis Ind. . 89.00 73 Cloudy Atlanta. Ga 30.04 74 Clear Amarillo, Texas .. 29.80 46 Clear Bismarck, N. D. .. 29.40 60 Clotldy Boston. Mass 29.74 66 Clear Chicago, 111 29.90 72 PtCldy Cincinnati, Ohio ... 30.00 68 Cloudy Cleveland, Ohio ... 3P.04 66 Cler.r I 'elver Colo 29.00 46 Cloudy Dodge Citv, Kas. . 29.74 60 Clear Helena. Mont 30.12 40 PtCldy Jacksonville, Fla. . 30.02 74 Clear Kansas City, Mo. .. 29.72 72 PtCldy Louisville, Ky 50.02 70 Cloudy Little Rode, Ark. . 29.94 70 Clear Los Angeles, Cal. . 30.12 50 Clear Mobile, Ala 30.00 72 PtCldy New Orleans, La.. 29.88 74 Clear New York, N. Y. 29.86 66 Clear Norfolk, Va 29.92 68 Clear Oklahoma City .... 29.82 60 Cloudy Omaha, Neb. ...... 29.62 66 Clear Philadelphia. Pa.i. 29.90 66 PtCldy Pittsburgh, Pa. ... 30.00 62 Clear Portland, Ore 30.30 ,46 Cloudy Rapid City, 8. D. . 29.18 . 44 Cloudy Roseburg, Ore. ... 80.32 '* 44 Rain San Antonio, Texas 20.82 74 PtCldy San Francisco, Cal. 30.24 48 Clear St. Louis, Mo 29.92 70 Clear St. Paul, Minn. ... 29.74 68 Cloudy Tampa, Fla 30.00 72 PtCldy Washington, D. C. 29.96 68 Clear WEATHER CONDITIONS. The western depression trough Jim moved only slightly, and traverses the region of the Great Plains, with Us center in western South Dakota. It has caused rains over the Plains States, while showers also have fallen in parts of the middle Mississippi Valley and from the middle Ohio Valley eastward.. Warm weather continues from the Great Plain# to the Atlantic coast, but the reacting* are considerably lower to the westward, and fro*ts and freezing temperatures occurred again last night from the Great Basin northward. CORN AND WHEAT BULLETIN. For the twenty-four hour# ending at 7 a. tn., Thursday, May 11. 1022: Temper ature. a ■2 a S Stations of g I *j c a Indianapolis -°V —c 5 District. B=2 asUiii*'i xonrh Bend 87 I 03 1 n Good Angola 85 158 | <> Good Ft. Warns 78 I 60 I o wheatfield 82 I 61 0 . Good Royal Center .. 84 ! 60 ! 004 ! Good Marion 85 !58 j 0 Good Lafayette iB3 64 | 0 Good Farmland 57 I 0 Good Indianapolis ... 82 67 ) 0 j Good Cambridge City. 84 59 ' 0.01 * Good Terre Haute .... 6- | 0 Bloomington .... *7 65 I 0 i Good Columbus 8-8 64 ; 0.08 Good Vincennes j 90 66 j 0 Good Uai.il 85 *V* n Good Evansville ......; 88 70 | 0 | ' T~rr arm 1 n*;ton7~ Meteorologist, Weather Bureau.

Local Stock Exchange —May 11— M O( K 6. Bid. Ask In*! Ry. A Light com 57 Ind. Ry. A Light pfd 78 [npl* St. Rv 46 11* and pis. N W. pfd 60 Imipl? A 8 F. pfd 60 'U If . T A i pfd 70 r. 11., I A K. com 5 T IT. I. A K pfd 15 t T. of Ind com 1 U T. of Ind. 1*! pfd 4% 9% J T. of Irvl. -Jd pfd 2 Advance-Rtunely i>t*t A*i* an.'*- Kuitielv com An. iVntral I.ife 200 A.n ( rtoKoting pfd 94 Belt R it pfd 50% Belt. R. It. com 60 ... (Vnturv Bldg. *'*• pfd P.3U ... <'it!x*-*ns <>as 29% 2'% < !ty S- rvli-e coin 2.74 237 ('ifv Service Cos. pfd 65 * a (!8 I'.-.lg.* Mfg <•-> pfd 8,; pv ll"iu* Brewing 47 ... Il.d Hotel com 86% ... Ind. Hotel C* j.f*l Iml Nat i.ife Ins '** 2 ... Ind Title Guarantee 50 ... ind. Pipe Fine . 98 111 * i i>l s. Abattoir pfd 45 ludpls. Gas 4 4 ... Indpls T-l. pfd 99 Indpls I**l. coin 5 M* r l’uti. Fill pfd 4* Natl Motor Car <'o 1% 3% l’tib. Savings Ins, Cos 0% Ranh F**r pfd 47% ... Stand. (Ml of Indiana 193 ... sterling Fire Ins. C*> 7% 8 Van Camp Hdw. pfd 90 . . Van Camp J’rod Ist pfd. .. . t(7 10*1 Yen Camp T'r.el 2d pfd Vandalla Coal c<*. com 1 Vandalia < '*-at Cos. pfd 7% 12% Wabash Ky. pf.l 3" Wabash Ry. com 10 BONDS. Broad Ripple 5s 50 Citizens st Ry 5s 78% ... Indian Creek Coal A Mine 6s ... 100 Iml Coke A Gas 5s 86 Indpls. C. A S 5s 9% ... Indpls. A Martinsville 5s ... 55 Indpls. A North os 40 43 Indpls. Street Rv. 4s 59 62 in- pis. A N W 5s 50 35 Inn; Is. A S. E. 5s 43 Indpls. Shell) A S. E. 5s 54 T. II , I. A F 5s 57 Indpls. Gas 5s 83 90 Citizens Gas 84% 89% Kokomo, M A. W. 5s 87 90 Ind. Hotel Cos. 6s 98 Indpls. Water 5s 95 l'K) Indpls. Water 4%# 81 ... indpls. T. A T 78 6. Indpls L. A IF 5s 90 94 1 T. of Ind. 6s 51% Mer. H. & L. 5s 99 100 N-w Tel. L I). 5s 96* a ... New Tel. Ist 6s 96% ... South. Ind. I'ow-r 6s 86% 91% Local Curb Market (By Newton Todd.) —May 11— BPI. Ask. Am. Hominy Cos 10 16 Central arid Const Oil % ... Choate Oil Corp % % Commonwealth Fin. com. ... 28 S8 Commonwealth Fin. pfd. ... 48 58 Columbian Fire Ins Cos 6 7% Dayton Rubber Units 43 53 Ditogniph Prod, pfd 28 3.‘ D. \V. Griffith 3% and% Elgin Motor Car 2 3% Fed Fin. Cos. pfd 78 88 Fed. Fin. Cos. com 321 131 Gt Soil, l'rod. A Ref 6% 9 Interstate Pub. Scrv. pfd. ... 81 01 Metro, 5-10f Store com 3% 7 Metro. 5-10 c Stores pfd 18 27 Nat. Underwriting 2% 6 Rauch A Lang Unit# 21 31 Robbins Body Units 14 23 Rub., Tex. Units 19% 16 U. S. Auto Units 30 40 U. S. Mtg. Cos. Units 105 125 BANK STOCKS. Commercial Nat. s’aua .... 74 03 Cunt Nnt. Bank 104 114 Ind. Trust Cos 176 Ind. Nat. Bank 253 265 Mer. Nnt. Bonk 282 Nat'l City Bank 72 88 Security Ttust Cos 131 140 State Snv. & Trust 94 98 Union Trust Cos. 300 Wash Bank A Trust Cos. .. 150 NEW YORK COFFEE. NEW YORK. May It.-—Coffee values were firm on the market here today, opening options being 4 to 13 points higher. Rio No. 7 on spot sold at 10% @llc per lb. NEW YORK RICE. NEW YORK, May 11. —Rl<n> followed its usual trend in trading on the exchange here today. Domestic maintained its long-standing price of 3V*@'7%c per pound. NEW YORK PETROLEUM. NEW YORK. May 11. -Petroleum price# were steady In trade on the market here today, Pennsylvania crude petroleum selling at $3.25 per barrel. NEW YORK HIDES. NEW YORK, May 11. Hides were weak in trade on the market Here today. native steer hides selling 13%e and branded steer hides ut 14c per pound.

GRAINS CLOSE SHARPLY HIGHER Heavy Buying and Unfavorable Crop Weather Factors. CHICAGO, May 11.—Grain prices ad vanced sharply on the Chicago Board of Trade today. Led by May wheat, all quotations showed unexpected strength. Heavy buying of all grains and unfavorable weather reports from the grain belt caused the advance. Corn and oats were higher, in sympathy with wheat. Provisions closed higher. May wheat opened up %c at $1.38, and closed up 7c. July wheat opened off 14c, at $1.23, and closed up 3c. September wheat opened up *.*c, at SI.IS, and closed up l%c. May corn opened at 60c, unchanged, tad closed up %e. July corn opened unchanged a| 04%c and closed up Ic. September cofn dpened off %c at Co%c and closed upP%c. May oats opened unchanged at 36%c and closed up %c. July oats ofn-ued up %c at 38%c and closed up %c. S*-p , tember oats opened at 41',se, up *se, and cloaed up %c. (By Thomson & McKinnon.) —?May 11Wheat—The Improving tone of English markets and the evidence of betterment in domestic milling trade noted yesterday were largely responsible for the action of wheat today. The market received its first. Impetus from a seaboard demand, which suggested new export business. Later reports confirmed sales of half million or more with probability of further business. Deliveries of carlots on track were very heavy, but, manifestly, were accepted by strong interests as there has at no time today, any Increase in offerings of the May delivery. Seeming!v, cash wheat lias been well cleaned tip in other markets for the purpose of completing May contracts In Chicago. Tills condition is reflected in Independent strength it) cash wheat In other markets. The Indicated crop of United States winter wheat is net sufficiently large to warrant t lie- idea **f cheap wheat. It must also be remembered that the critical period 'of growth Is still in the future and if perchance, Conditions become unfavorable prices would make ready response. Corn and (hits There is a very fair domestic demand for both corn and oats. It Is of sufficient extent to make the markets for current receipts relatively stronger than ili<> d.*fi*rr*-*l deliveries The action of wheat was the motive lu today's market, bn* we fed that any maintained strength in value will in crease the demand from both distributor and Investor. These markets are worthy of more attention than thei have been receiving. Provisions Inactivity prevailed in the provision market Backers w**rr* mod erate sellers, v* hh-h was offset by the strength in grain, it is felt that the European demand should broaden. * CHICAGO GRAIN TABLE. —May 11 - WHEAT — Open. High. Tew. Close. Mav 1.38 1.45% 1 37% ! 45 July 1 25% 1 27'. 1 25% 1.26% Sept ... 118 1.20 1.17% 1.19% COR N- - 00% .61% 00% .61% July 61% 65% 04 c-5% Sept 66 1 * .07% .00% .6, , DAIS - May 36% 57% 36% ."7% July 39% .4'*% s ;1"% Sept .. . . II : s .41 * * l .41 j D) UK •Mav... 22 2*) LA ui> Mav 1122 11 22 11 17 11.22 Julv ~. . 11 37 H 15 'I 27 11.4 2 Sep'.... 11.00 11 67 11.57 11.65 [tins •M v 12 52 •Julv lt.w Sep' . . 11.75 11 no 1175 11.*5 K*i F Mav 16)% 107% 101% 1 .'*7% Ja v . . . 194 l.'i% I * 1 - Sept 97 .9.* * .97 .I*9 a * N mutual. ( HD AGO C ASH OR XI V. CHICAGO. May 11 - Wheat N. 2 red $1.36. V*. 5 rd. $1 2* . N*- 2 *r.i v. r ■ $1 3*:.. VI 41 N 3 herd vv* •• r. $1.17 : No 3 mix--*!, $135. Core #S 2 mixed 02'r*/62* jc ; No. 2 white, 62%'•(''*-%•• No. 2 yell, W, (’..'on (',::*■ - N** 3 n v *l. 61'a 61 % So. 3 white. ol%'*ioi , ■ N ✓ 3 yellow. O'. f*t62%*' : No. 5 mixed. 0 *%. N 4 white. 6)*%e: N". t yellow, die. "a!* N 1 white. 4 I'*), ! !%*■ V 2 white. 4'*%'*J I !*•: N** 3 while, ;ts%tt4l'V*c; N<>. 4 white, 37%'*).58%c. TOI.EIM) SEED AND (.ItVIN. TOLEDO, May 11 Ciov* rs* "*1 I'.ash $13,75; ('*.'ti*9cr, $1145. Alsik.- ' *.-h, sll .s**; A Jlk'Ust, $1 ' .*.-5 , *)<■!' -•- . 1 * _2" Timothy May, 53 I**; >. ;*'* 11. $.. ,*,.*. * (ember, $3.7*). Wheat *'nsh. $1.)..*; M *y, 5142 Julv, $129. c rr, Ca-h. 67 d-'e- Oats Cash. ()’)*'?•. Rye—Cash. $1 U'%. Barley—Cash, 7**'. PRIMARY MARKETS. By Thomsen A M Klmou.) May It - - Receipts— W Ivii C >*rn Oats St. Joseph ... 24JS#) 2.000 Chicago ..... 3oq.is)o '259,000 1.*,.*0i Milwaukee 96 .no*' s'..""Miunenpolis .. 1*0,0(N) 2.*.o*"i 41,000 Duluth 120,000 19.000 ....... st Louis 4*.000 GS.ISS) 36.11*0 Toledo 8.000 I'M’"*' Detroit 6.000 4.isk) 4 a >oo Kansas City .. lo*.ooo Sl.ot'o :*>.o*si Omaha ....... 7*."o<) 10-',.o**i 4).*sio Indianapolis .. 3." o" 35,000 30.000 Totals $60,000 • 677.000 412.000 Year ago .. 802,000 ,595.000 394,0*0 Shipment— Wheat Corn Ont? St Joseph .... 8.000 73.000 2,i) Chleago ...... 13.000 ::o.oi*o scl.uoo Milwaukee s.!)*) ls.o< 31.000 Mlnn**npol!s .. 74.000 175.000 92.000 Duluth 322.000 10,000 Sr Louis 75.000 72.0*5) 78.000 Toledo 14.0(H) 4.1)00 C.lioO Detroit 0.000 Kansas Citv.. ,111.000 19.1HH) 17,000 Omaha ...... 6( 000 111.0**0 20.000 Indianapolis ‘22,000 12.000 Totals '-1)1.000 539.000 1.069,1MH> Year ago .. 710.000 436.000 Bsl,ooo —Clearances—■Wheat C**rn flats New York 73,000 123,000 i’hiindelphln 47.000 Baltimore 125.000 Totals 73.0(H) 172.000 123,000 Year ago ... 718,000 212,000

INDIANAPOLIS CASH GRAIN. - May 11— Bids for car lot# of grain anil hay at the call of the Indianapolis Board of Trade were: Wheat—Firm; No. 2 red, $1.40%(fi'1.42%. Corn—Firm; No. 3 white, 65%fri((i)c; No. 4 white, 04%1f?.63%c; No, 3 yellow. 01% (0.65 c; No. 4 ydlevv, 03%%64c; No 3 mixed, 04(*J65c; No. 4 mixed, 63((f 03%e, Outs—Firm; No. 2 white, 4‘2@42%0; No. 3 white. 41(0 11%*'. Hay—Steady; No 1 timothy, sl9'*'!. 1:'50: No. 2 timothy, slssit(<iH); No. 1 light clover mixed, [email protected]; No. 1 clover, $19.50 (<i 20.50. —lnspections Wheat —No. 3 red, 1 car; No. 2 mixed, 1 ear; total, 2 cars. Corn—No. 3 white, 1 car; No. 4 white, 3 cars; No. 5 white, 2 cars; No. 5 white, 2 cars; No. 6 white, 1 car; No. 2 yellow 3 cars; No. 3 yellow, 3 cars; No. 4 yellow. 3 cars; No. 5 yellow, 6 cars; No. 6 yellow, 4 cars; sample yellow, 1 car: No. 3 mixed. 1 car; No. 5 mixed, 1 car; total. 29 cars. Q a ts —Ni). 2 white, 2 cars: No. 3 white, 11 cars; No. 4 white, 5 cars; sample white. 1 car; No. 2 mixed, 1 car, total. 20 cars. Hay— No. 2 timothy, 1 car; packing hay, 1 ear; total, 2 cars. HAY MARKET. The following are the Indianapolis prices tor hay. t>y the wagon loud, de fivered In Indianapolis; Hay—Loose timothy, sl7<dslß; mixed hay. $10('J17; baled bay, sl7ft:lß. Oats —New, per bushel, 42®,45c. Corn —Both old and uew. per bushel. o ax 65c. WAGON WHEAT PRICED, Indianapolis flour mills and elevators yesterday were paying $1.30 per bushel for No. 1 red winter wheat; $t.2S for NO 2 red winter and according to test for No. 3 red winter.

SWINE PRICES 10 TO 15 CTS. LOWER Hot Weather Causes Slump in Demand for Cattle. RANGE OF HOG PRICES. Good Good Good May Mixed. Heavy. Light. 4. 10.65 $10.40010.60 $10.60®10.75 5. 10.75©10.85 10.60 @10.75 [email protected] 6. 10.65@ 10.75 [email protected] [email protected] S. 10.90 [email protected] [email protected] 9. 10.90311.00 10.75 @10.90 [email protected] 10. [email protected] 10.65@ 10.75 [email protected] 11. [email protected] 10.50 @ 10.60 [email protected] With the packing demand rather slow, weaker price tendencies on other .of the principal h *g markets of the country and large reccdpts, swine prices were 10 to 15 cent3 lower in trading on the live stock exchange today. The shipping demand was good during the first hour of the market session, but later died out. Packers then bought at even lower prices than those at which shippers bought. Receipts for the day ran close to 5,500. A fair clearance was anticipated. There were a few sales of light 6wine to shippers early at $10.85, but packers bought the same grade later at SIO.BO. Heavy swine brought $10.60(310 65, and mixed and mediums. $10,[email protected]. The bulk of the sales for the day ranged at $10.75@ 10.80. Pigs were in fair demand ?r.d sold at the price of the lards and down. Roughs were about steady, with the demand good. They brought $5.75(g.9,25. Stags sold at $6(0(7.50. there was again a large run of cattle on the market, and. with the effect of the <*rrrivv 1 of hot weather, packers displayed rather weak demands. Asa result of this slow demand prices were slow steady to 10 to 15 cents lower. There was very little trading during the forenoon hours, and a large holdover for tho market of the following was expected. Cows and heifers were weak to 10 to 15 cents lower, and there were spots on the steer market that were fully 25 cents lower. Steers were generally 10 to 15 cents lower. Bulls were weak to around 15 cents lower In spots. The demand was slow, fanners and cutters were slow steady to weak. Receipts for the day ran close to 900. Veals were 50 cents higher generally, with receipt* close to 70, the quality fair to good and the shipping demand brisk. Eastern markets were higher, and this stimulated the shipping demand. There were close to 300 sheep and lamb? on the market, and the quality was fair. There was a good demand, and sheep were strong to 50 cents higher and iambs strong to SI higher in spots. A few springers brought sl7. HOGS. 100 tn ISO IDs average $10.75(5710.85 Over 300 lbs [email protected] 150 lbs to 300 lbs 10.65fii10.8n Best pigs, under 140 lbs [email protected] Top 10 85 Roughs $ 51)57 9 25 Stags 8 00-0) 750 Bulk of sales 10.73<& 10.80 —C at t le— Few choice steers 8.00 Prime corn-fed steers, 1,000 to 1,800 lbs 7.25(7g 7.75 (**"et t" choice steers, 1,200 to 1.3)10 lbs 6 75® 7.10 G<><l t*> choice steers. l.l'H) to 1.200 lb? B.oo® 0.03 Good to chOb-e steers, 1.000 to 1.100 lbs 5.30® 5.83 Common to medium steers, 800 t ■ t.sno lbs 5.C10@ 536 < *>\v sand Heifers—- *;•’■'! tn cheiee heifers 7 fief)? SOO Medium fc-ifers . 7.o”'q 7.50 Ci.muv'M t> medium heifers.. 5 5.7- t 655 (. i tn eh. i*’*! news 6 UO'q 675 Fair tn medium rows 4 ('*>f-7 5.50 ''at t.ers 'g.snr.f, 3 75 —Bulls— Fancy butcher l ulls 5 50(7? 6 15 *■*•■' •! v * chni e btrch'T bulls. f'O'Gt. 555 Bologna bulls 3.5 Mi 4 * T.'g- r i -logtia bulls 3.65',f 3.75 Light v**mm**a' bulls 3.00@ 335 C'ulVC*— Choice veals ...... 9 00(77, 950 v. ah- , 8 r.Of/j, 9.1)0 M* *!:am veals 7 ("H MHi < "I’-doii ! * heavyweight veals (1 s<)f*, 7• *) Lightweight v cals 0 50<*f 6.50 —Stockers and Feeders— Go *1 to I'hui'-e steers under >mu lbs B 73® 7.00 Medium e"vv s 2 s*'*'t 4 01) (* enws 327 if 4.2 b *,*■■■*l heifers r*.7s@ 675 j Medium to g 1 heifers ... 4.50(0. 5.73 ; sheep anil l.mnhs— Cull ewes 2 50(ft 350 t,o***l to choice ewes s.Oufoi SOU Biji'i 2 s‘Vii, 3 o*l • lipped hi mbs [email protected] W.ed hi 111!)* 11,00(0 13 0!) Spring--rs [email protected]) Bu**k lambs SPO@ 000 * tills 3.00® 1 00

Other Livestock CHICAGO, May 11.— Hogs Receipts. 2s.<mhi; market, inostlv 1" to 15c lower; hulk of sales. $1 b 25® lb m> ; top. sib.Bs; heavies. $lO 35 *t Ib.rtb; medium#, slb.sis-f 10.55; lights. $1*1.75% 10.85; light lights. Sib. !o'q to so : heavy ; i* king s *\v s. smooth, s9.4**'*.':>.7s. pa- kii.g sow s, rough. $9.15'*4 950 : p'gs. $ lb. 101 l 10.50. Cattle Receipts. 13.rt.in market, slow steady to weak; top yearlings. $9: beef #*■ *rs, choice nnd prime, J# 65'q'9 25: medium and good, $7.65'*/>*C>; I and choice. $5.25(09 lb; common and medium. $7 15'<;6.25: butcher cattle, heifers. $5 bIGi.S.JS); cows, s4.7sfts 7.23; bulls, $4.75*1(6 lib: earners and cut - ters, cow# and heifers. $3.75444.75: canner steers, $4.75%5.75; wal calves, light, and liantlvweight. S7(O 9.25; fecd-*r steers. $625 ■o7 85; stoeker ste**rs. Jti'.j 7.75; stocker cows and heifers, $-t.25>qti.25. Sheep and lambs- Receipts, lO.Ots); market, steady gi'iieraliy , go***! to he*.ice lambs, sl.l.2st*'i 14.25; ctill ami c xpi**n him!)#, $$*0.11.00; springers, $13,5(0115.75 ; yearling wethers. $9(0,12; ewes. $5.2508 25; cull uml common evvos. $2(05. CINCINNATI. May 11 -Hogs—Receipts, 4.301); market, active and 10 to 15 c.-nts lower; all grades good swims, $lO s>; pigs, $10.60; roughs. $9; stags. $5.50. Cattle—Receipts, 600; market, steady: hull, strong; calves. $9. Sh<-ep and Lambs Receipts, 1,000; market, lower. SIOUX CITY, lowa. May It.—Hogs— Receipts, 5.0O0; market, steady tn 10c lower; range, $9 25*0:10.10; bulk, $10.10(0* 10,“O. Cattle Receipts. 2.500; market. Steady; heavy steers, weak: yearlings, $7 05.75; siort feds, $(!.7,V07.50; fed but* hers, $5*'<17.75; Stockers and yearlings, $6(07.50; feeders, $6(<i7.25; feeding cows and heifers, S4(O 6.25. Sheep—Receipts, UK); market, steady. EAST BUFFALO, May 11.—Hogs—Receipts, 2.880; market, slow; yorkers. $1! on; pigs, $1135(0111.50; mixed. $11.33 (011.50; heavies, $11.10(011.35; roughs, $9 (1(9.25; stags, SSO 6 Cattle Receipts. 125, market active; feeders, ssfft6: shipping steers, $8.50(08.90; butcher grades, $7.50 (08.65: heifers, $5.50(0 8.2"; cows, S2(O 6 75; bulls. $4(05 75; milk cows and springers, s43<ttl2s. Calves—Receipts, 37,0 market active; cull to choice. $3(09. Sheep and lambs—Receipts, 1,4(H): market slow; choice lambs. $14(014.50; cull to fair, $6(013.75; yearlings, [email protected]; sheep. $3(0,10. EAST ST. LOUTS, May 11.—Hogs—Receipt#. 9,000: market,- steady ; mixed nnd Hatchers. $10.65(010.80; good heavies, $10.65(010.80; roughs, $9(00.20; lights. $lO (',5(010.80; pigs, $10(0 10.50; tiulk of sales, $10.70(010.80. Cattle— lteeeipts, 1,500; market, steady; native beef steers $8. 75(ji,9; yearling steers and heifers, ss.2o (09; cows, SS(O 7; stockcrs and feeders, $4,504(7.50; calves, $5.25(0 9.50; can tiers and ' cutters, $3.25(04.50. Sheep and lambs--Receipts, 1.200; market, steady; mutton ewes. $7.10; good to choice lauibs, $12(0:13.25: dinners and choppers, $1.50(0,4. PITTSBURGH, May 11. Hogs—Receipts, 3,(sit*; market steady to 10e lower; prime heavies, $11; mediums, heavv and light yorkers. $1)30(011.40; pigs. sll.lO down ; stag#. $8(0 8.75; heavy mixed, $11.15 @11.25. Cattle—-Ri'ceipts light; market steady; ch**lee t $9(09.25; prime. sß.6b@9; good,’ sß(f/'8.50; tidy butchers. $7.50(08.25; fair, $6.5b(*t.7.25; common. $5(00; common to good fat bulls. $3(0!0.50; common to good fat cows, $3.50(06.50; heifers.. $5.50 (0 7.74); fresh cows and B[)rlngers. $35(075; veal calves, $9.50; heavy and thin calves, $4(06.50 Sheep and lambs—Receipts, 1 7,0 b; market steady ; prime wethers, $8.50 @9; good mixed. $7(08: fair mixed, $6(07; culls nnd comon, $2(04; good to choice lambs, $13.50@14; springers. $12(0'13. tVIIOI.KSALE BEEF FRIGES. The following Ore today’s wholesale price# f**r beef ruts as sold on the Indianapolis markets of B\vift & Cos.: Ribs No. 2. IRe; No. 3, 140, Loins—No. 2, 24c; No. 3.18 e. Round—No. 2. 15c: No. 3,14 c. Chucks —No. 2. 11c; No. 3,9 c. Elates—No. 2,7 c; No. 3,6 c.

In the Cotton Market NEW YORK, May 11.—The cotton market opened 11 to 22 points lower today, due to the beter weather in the South and the reaction in Liverpool. Japanese interests and New Orleans bought. After the opening the list ruled unsettled. \ ork opening cotton prices: May, lO.oSc; July, 19.25 c; August, 19.18 c; Uctobsr, 19.28 c; December, 19.23 c; January, 19.15 c; March, 19.15 c bid. 1 he market was strong in the late dealings on reports of rains in Texas and other points and strength in grain and stocks. Fiual prices showed net gains of 11 to 2* points. —Cotton Futures— * Open. High. Low. Close. January 19.15 ].qp 19.00 194;.; March 19.20 19.60 19.00 19.44 •; ul y. 19.25 19.63 19.05 19.56 October 19 28 19.70 19.10 19.56 December 19.23 19.75 19.14 19.56 —Cotton Review— NEM YORK, May 11.—In anticipation of a better weather may, there was further liquidation of long contracts this morning, but on receipts of reports of further rains In the Southwest the selling pressure ceased and thereafter the market gradually improved on renewed purchases, both for long and short account. At th epresent time, the weather is the sole basis for market fluctuations Conditions resulting from the heavv rains of the Southwest are such tha't there will he considerable acreage lost and much delay. Nevertheless, there will bp compensation in the abundance moisture, which is an element to be considered later in the season. Should the weather Improve during the next few days a further setback will no doubt follow, but sentiment continues bullish, and, with favorable statistical and trade factors, any decline of consequence will be availed of as an investment opportunity. Lit ERFOOL, May 11. —There was good business done in spot cotton at the opening today. I'rices were easier, and sales close to 11,500 bales. American middlings fair 13.01d; good middlings. 11.96d; fully middlings, ll.flod; middlings. Hold; low middlings, lt.Old; good ordinary, lO.ldd; ordinary, 9.60d. Futures opened steady. INDIANAPOLIS PRODUCE. Eggs—Fresh, 2267 23c. Butter—Packing stock, 15c. Poultry—Fowls, 18@23c; ■ broilers. 1 %<7?2-lb size. 4”*c ; leghorn broilers at discount: cocks, 14c; stags, 14c; young hen turks, 8 lbs and up. 32c; old tom turks. 25c; cull thin turkeys not wanted: ducks, 4 lbs and up,l6@l7c; geese, 10 lbs and up, 14c; squabs, 11 lbs to dozen, $5.50@6; old guineas, per dozen $3 Butter—Local dealers are paying 35@ 36c per lb for butter delivered in Indianapolis Butterfat—Local dealers a r e paying 35c per !b for butterfat delivered in Indianapolis.

AMUSEMENTS. gfKEITH’S K POPULAR VAUDEVILLE f AND PHOTO PLAYS IH “The Cotton Pickers’’ Sinking, Dancing nnd Comedy “Copper City Corned v Four*' MAE MARVIN SYNCOPATION SINGER DORIS MAY HARRY MYERS of Connecticut Yankee Fame. In “BOY CRAZY” FIRST KIN FEATURE FILM 5 OTHER SPECIALS 5 Continuous 1:30 to 11 p. in. 'l.l* -v i :>C, 15<. i v TYRir no w j[ 1 C-* 1 ****til 11 P- rn. MASTERS AND KRAFT IN THEIR SUMPTUOUS REVUE “ON WITH THE DANCE” KLEIN BROTHERS late with the "PASSING SHOW” EIGHT BIG ACTS Dancing In Th Fyric Ballroom Afternoon and Earning;. WORAT TODAY MAT. SATURDAY' THE STUART WALKER CO. 3 LIVE GHOSTS A comrdy of *oldier, Joorel* and firin. iiiniwiii* 0 i iMMa* 0 j i * >■?■! !■■ r u ;L^’ Os A I TO Musical JaIALIU Comedy Bert Smith and his Rag-Timo Wonders in OH! DADDY! OH! Matinee Every Day MOTION PICTURES

p D. W. Griffith’s ‘ORPHANS of the STC^RM’ Lillian Gish—Dorothy Gish—MoAte Blue I Performances Start 11:30—1:45—4:00—6:35—9:00 j OHIO THEATRE —\ Kfll T WALLACE REID Ulno/nurai Across the Continent CHESTER COMEDY—FOX NEWS WEEKLY-^— LITERARY DIGEST What Is Your Blood Pressure? f INDIANA HEALTH EXPOSITION State Fair Ground May 19-27 Tickets On Sale at Yous Drug Store. '.T FederalFinanceCo.Stock newton SELL ! See Local Curb Market. 415 Lemcke Bldg. | lUUU

MAY 11, 1922.

Crawford Talks to Chamber of Commerce Earl Crawford, member of the Stat highway commission, returned today from an Inspection of State roads In the northern part of the State. He addressed members of the Chamber ol Commerce at Ligonier In a meeting yesterday. Ligonier business men have sought to have the section of the Lincoln highway between Ligonier and Ft. Wayne hard surfaced. Mr. Crawford told them there was little possibility of the commission undertaking the puving soon. lie saii the State had taken over the rhirty-mlB stretch between Ligonier and Ft. Wayne and made it a fine gravel road, whereas it formerly had been in bad condition, and that the gravel road would have to be sufficient for a time. Suit Filed for $40,000 on Bond VINCENNES, Ind., May 11.—Suit for $40,000 has been filed by Ralph Mosstnan, receiver for the Vincennes State Bank, against the American Surety Company, bondsmen for Charles S. Nossett, former cashier. It is alleged Claude Gregg, president of the bank, made a demand, following the discovery- of the shortage, but the company failed to pay. Love’s Young Dream Is Rudely Shattered FT. WAYNE, In*.., May 11.—Suit for divorce has been filed in the Circuit Court here by Velantine Erdel, SI, against his wife Elizabeth. 81. This 1s the second action of the kind filed recently, a former suit having been withdrawn. The couple married forty-six years ago. Mr. Erdel alleges his wife “nagged” him. CHICAGO PRODUCE. CHICAGO, May 11.—Butter—Receipts, 8,000 tubs; creamery extras. 35c; firsts, Sl'S34c; packing stock, 16®1S*\ Eggs—• Receipts. 25.000 cases; current receipts, 23%(*i24c; ordinary firsts, 22@22%c; firsts, 24%*'5;25c; storage packed, 20%@ 27c; checks, 20%*ti21c; dirties, Cheese--Twins, new. 15%(ai5%c; Datsbfl 15%7416c; Young Americas, 16%c; horns, 16c; bricks, 14%(g15c. Live poultry—Turkeys. 26c; chickens, 26c: springers, 38'q 45c; roosters, 15c; geese, 14c; ducks, 22c. CLEVELAND PRODUCE. CLEVELAND. Mav 10.—Butter—Extras. 41(§41%c; pnnts, 425£42%e; firsts. 40@ 40% c; packing stock. 16tgl.Se. Eggs—* Fresh, 28c: Ohio firsts, 26%c: Western firsts. 25%e; cleo nut, 21@22c; high grade animal oils, 22@22%c; lower grades. 16 6/17e. Cheese — Y'ork State, ]! % r /i 25*-. Poultry—Live fowls. 27@29c; roosters, ITftf.lSe; broilers, 40@50c.

MOTION PICTURES ifhTTdk Zfl I The Town I I Constance Talmadge 1 D in q J “The Primitive \ i Lover” I ■ The Miami ! I Lucky Seven h In conjunction with the Casino g Gardens. Held over for second “ week by popular demand. Circle Presentation \ Duet from II Trovatore ■ J Johnny Hines | a “Battling Torchy” ■ Augmented by the I Circle Orchestra 1 of 30 pieces " v* De Luxe Performances fi j 2,4, 7:30 and 9:30 IMM I “MALE 7 and 1 I FEMALE” |i j —With Gloria Swanson, raj r Wesley Freckles Barry fljj