Indianapolis Times, Volume 35, Number 12, Indianapolis, Marion County, 25 May 1922 — Page 10
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MISCELLANEOUS—POR SALE. Concluded from Preceding Page. Typewriter Bargains UO. 3. NO. 4 and NO. 6 UNDERWOODS ONLY *55.00. EASY PAYMENTS IP DESIRED. CLEANED. OVERHAPLLD AND IN FINE CONDITION AND GUARANTEED. ALSO BARGAINS IN OTHER MAKES OF MACHINES. LARGE AND SMALL. AT LOWER PRICES. IS WEST MARKET ST.. UPSTAIRS. PHONE MAIN 2SB. Clark Typewriter Shop WALK TWO SQUARES *fWa and save a dollar on I I \ your trousers at 1 J Lll The Pants Store Cos. u||/ 2 Stores Full of Pants. ]&e[ 48 W. Ohio — ll 4 E. Ohio St. $2 DOWN WILL BRING The Personal Writing Machine JUDD TYPEWRITER EXCHANGE. 22 S. Penn. SL Tel.. Main 2530. INVALID CilAiaa —uuuu. eirouic ruoOertlred chairs lor rent, 13.su pur month. Crutches, 25c. Delivery tree. BAKER BROS. HAKE >our old con: loot line ce.v suit lgr matching a pair trr.-.'sers with the CORRECT PANTS MAKERS CO. DID YOU SELL ITT It not. try the a-itomoblle column* of tbs Times Want Ads. MISCELLANEOUS—TO LET. CONCRETE MIXERS FOR RENT. Circlo m MI SC ELLANCOU S—W ANTED. GOOD, SOUND YELLOW EAR CORN WANTED AT THE STOCK YARDS WANTED— -500 Lwa mowers to sharpen: reasonable prices. IJ6 Virginia ave. Main 4930. WANTED—3,OOO lost keys found at JOHN S. FOLTZ. 126 Virginia ave. Main 49?9. HOUSEHQLD GOODS—FOR SALE. Rugs—Linoleum Imported Japanese grass rugs, 9xlo, $€.25: 9x12. 56.50; guaranteed GOLD SEAL Congoleum rugs. 9x12, $13.25. Rug borders, 24 inches wide. 33 cents per yard; 36 inches wide. 54 cents per yard. Brussels, Axminiters, velvet and Wilton rugs lowest prices. SbsxsjfFjmmk Mmw <&?\ thp tyi eid 207 W. "Washington st. Lincoln 5750. FOR SALE—Fumed oak daveno set. Drexel 6854. DINING room tuite. dishes, davenport. chairs, rocker, stand and lamps. 2*41 Pierson ave. Randolph 332 5. WATER power washing m u hine. Peerless; new, complete, $25. Without wringer. s.’o. Rnnd ’ph 35 7->, FOR SALE—f lectric < ♦•ur.er. L’sed only 6 months; in perfect condition, $27.50. Call Belmont 3526. VACUUM CLEAN Eli. ELECTRIC; iJouD AS NEW; VERY CHEAP. CALL BELMONT 3022. LIBRARY TABLE, onk. good condition. 604 X. Hamilton. Wei <*er 252 '. music uabinp:t. mahoutny with MIRROR. \\ ASHINt;T< -N 2635. FURNITURE for sale; first class; leaving tnvn. 356 S Emerson avem:*. RELIABLE gas range; good condition. Call Webster 4455. MUSICAL—SALE OR WANTED. PIANOS TUNED ar.d repair and; all work guarar teed. ROBERTSON MUSIC HOUSE. 4 3 Ma.-a hast its ave. Main 4531. FLA YE r:~ ITaloT—~che;ip lotha lan* payments. Rnnd-.lph 4221. PlANO—Baldwin make; little used; bargain. Main M 6 4. dogs, p]g^~q74s7"etcT AIREDALE pups for sale: sl3 females; n.alo $25. A:<o mother deg for ?a!e at 171( S-vath K.ts* str- et in rear. PUPPY; whit* silk poodle. Call at or.ee. Irvington 2*lol. MACH!NERY ANDTQOLS. WONDER MIXERS MIXERS. HOISTS. PUMI’S, ENGINES. all sizes carried in stock. BURL FINCH. DIST. 311-20 W. iIARYUMI street.
_ LEGAL NOT IQ E. NOTICE OF MEETING OF MARION BOARD uF REVIEW. Notice is* her. I y given Hint the County Board of Review of Mr.rion County, State ©f Indiana, will n* • t at 1• o'c lock in the forenoon, Monday. June 5, the .vim* bein;; the fir.st Monday In June of this year, at the room <f the county commissioners in the courthouse of said County, for the following purposes: I. To hear c mplaints <f any owner of personal property, except such property as Is originally assessed by the State Board of Tax Commissioners. I*. To hear comp: tints concerning the assessment c? real estate. 3. To equalize the valuation and assessment of property and taxaMes made by the assessing oilicers subsequent to March I. VJ22. 4. To equalize the valuation made by the assessors, either by adding to or deducting therefrom such sums as may necessary to fix assessments at the true value of property. 5. To review all assessments and to inquire as to valuation of the various classes of property or parrs thereof in the several townships and divisions ot the county. 6 To make such changes In assessments. whether by way oi increase or decrease In the valuation of the various classes of property, as may be neees.-ary to equalize the same in or between tue townsh ; ps or ary taxing unit. 7. To determine rate per cent to be Added or deducted In order to make a just And equitable equalization in the several townships arid taxing units so as to conform throughout the county to a just and •quitable standard. s. To add omitted property In all necCessary case*. 9. To Increase the valuation of omitted property, v. hen necessary, as made by the asst nrs, 10. To correct errors In the ram 0 ? of persons and in the descriptions of property and in the valuation and assessment of property upon the ass.essm* nt list. 11. To correct any or valuation as may be deemed proper. 1-. To correct the assessment and valuation of any property in such manner as will in the Judgment of the Board of Review make the valuation thereof just And equal. 15. To add to the assessment li c t the names of persons, the value of personal property and the description and value of real estate liable to assessment but omitted from the lists. 14. To assess the capita! stock and franchises of all domestic corporations except such a* art valued and assessed by the State Board ©f Tax Commissioners. Ik To consider and act upon recommendations made by the county assessor. 16. To do or cause to be done whatever else may be necessary to do to make ad returns of assessment lists and all valuations in compliance with the provisions ©f the taxing laws, and especially of an act concerning taxation approved March 11. 1919. and the acts amendatory thereof and supplemental thereto. The County Board of Review is also subject to be reconvened in special session. to meet on Tuesday, Aug. 6. 1922. to consider the certified report ar.d information regarding the inequality or lack of uniformity ©f assessments in this county as may be presented to said board by the date Board r.f Commissioner.-. AH to be done to equalize the valuation and assessment vs property and taxabies In said county for taxes for the year 1922 and of which all property owners and taxpayers are required to take due notice. In witness whereof. I. Leo K. Fesler. auditor of Marion County, estate (SEAL) of Indiana, have hereunto affixed my .ard and the seal of the board of commissioners of said county, tnla lSth day cf Mat. 1922. LEU K. FESI.ER. Auditor •)t Marion County. GOODS stored *n the name >f Mary Richardson. Mabl# A. Champion Will Carper, Henry Johnson. Mrs. Martha McCreary and Mrs. Laura Me Kelley will l>e •old lot e tor age charges. Friday. May 26. 1922. at t p. m., gobds having been in •torage over one year and chargee unpaid. BANNER STORAGB CO., *6O & Meridian
STOCKS MOVE UNCERTAINLY; MARKET DULL Scattered Groups or Specialties Furnish Activity and Strength. REDUCTION OF VOLUME Special to Indiana Daily Tims and Philadelphia Public Ledger. BY MONITOR. NEW YOKK, May 25.—Stocks moved in rather uncertain fashion Wednesday with a moderate reduction in the volume of trading-. There were times along in the afternoon when the market was positively dull. Feaures of exceptional activity arid strength were furnished only by specialties or scattered issues in jerg. tain groups. Among these were Allied Chemical, American Tobacco, Crucible, Gulf stales and a few other industrials. Brooklyn Union Gas, Consolidated Gas, Lima Locomotive and North American Company also were strong. There was fi rther activity in Chicago & Alton, but otherwise there was little feature to the rails. The dullness in the rails seems rather surprising in view of the constructive character of the decision by the interstate commerce commission, which apparently has outlined a policy fixing 5 , per cent as a reasonable return on aggregate railroad property value. The expected action by the railway labor board in reducing the common labor scale, it is estimated, will bring about a saving of approximately $50,000 000 in railway operating and maintenance costs. In spite of the apathy of speculation toward the rails, however, well informed sentiment is bullish on this class of securities. The recent activity in Republic Iron and Steel and Midvale was explained by merger plans late in the afternoon. In the case of Republic, this development apparently had been fairly well discounted. The weekly review of the Iron Age was given a favorable interpretation in view of the comment to the effect that current buying is on a larger scale than had been expected, and that demand is some directions is urgent. The statement regarding the small reserve stocks of automobile plants also created surprise.—Copyright, 1022, by Public Ledger Company.
WILL EXAMINE GIRL SWIMMERS Free Tests for All at Health Exposition Booth. Free examinations of girls and worn' n who wish to swim in the pool of the Y'oung Womens Christian Association will be given tonight at the association's booth at the Health Exposition. Asa special convenience to young women employed during the day. women physicians of the staff will be on har.o at 7 to test applicants during the evening. No previous appointment will be necessary, and the usual fee will be remitted. The protective examination, covering heart. Inngs, skin, throat and eves, is required of every person who uses the pool, in order to safeguard her own health and that of other swimmers Other preventive measures employed by the association include the thorough filtration of the pool and steady change of the water. Miss Gladys Seller, director of physical cducatb n, announces that anew schedule of swiinmlr g classes for the summer term will be ready within two weeks. CHICAGO PKDIHCK. CHICAGO. May 25.—Sutter -Receipt*. 15.n0n ttil-s: creamery extras, 34c; standards. -lie; firsts, :il'*-(:s3%e; packing stock. IU ! ‘J _'oe. Eggs—Receipts. 25.002 cases; current re-eipts, 23?(23%c; ordinary firsts, 22<:22%c: firsts. 2C’24%e; extras, ”7e; checks. 20(*f20%0; dirties 2t<?21 1 .><*. Live poultry—Turkeys. 25c: chickens. 25c; springers. 40'u5oc: roosters, He; geese, H&2oe ; ducks, 22"’55c. WHOLESALE BEEF TRICES. The following nr.* today’s wholesale prices for beef cuts ns sold on rh-- Indianapolis markets of Swiss A; Cos,; Ribs— No. 2,17 c; No. .1. 14c. Loins —No. 2,23 c; No. 3. IS'. Rounds— No. 2. 15c; No 3. lie. Chin ks —No. 2,10 c; No. 3.9 e. Plates —No. 2. 7c; No. 3. Cos.
LEGAL NOTICES. (Continued.) NOTICE —The B aro of Trustees of the Central Indiana Hospital for Insane nil! receive scaled proposals until Friday, May 26 at 19 a. m„ for furnishing supplies for the month of June, 1922. Estimate bock will be on file at Room 14$ State Kou.-* from and after Monday, May 22, 1922. By order of BOARD OF TRUSTEES. ~ FINANCIAL. SMEF? sloo_s2oo-S3OO Investigate our easy-to-pay Twenty-Payment Plan Loans. “ $lO9. “ $5.00 " With interest at 3Vi Vo per month* You Tt y only for actual time loan runs. Interest is charged only ©n the actual amount ot cash still outstanding. Come in and get free booklet. "The Twenty Payment Plan,*’ which describes everything fully. All business confidential. We Lo&n ©n furniture. Pianos, Victrolas. etc., without removal. Also on Diamonds for long or short time. Call, phene or write Indiana Collateral Loan Cos. (Bond'd Lenders.) ESTABLISHED 1887. 701 LOMBARD BUILDING. 24 % EAST WASHINGTON ST. Main 32H0. confidential Quick Loans UP TO *3OO On piano?, victrolas, household furniture unci guaranteed notes. Loans payable in b to 20 monthly instalments. Legal charges based on unpaid Valance for actual time used. Loans with other companies paid off and more money advanced. Hours 9 C* 5:30. Saturdays to 1 p. m. Call, write or phone Circle 1-6-6-9. Beneficial Loan Society £Ol National City Bar.k bldg. REAL KPT ATE CONTRACTS PURCHASED SECOND MORTGAGER PURCHASED COMMERCIAL PAPER PURCHASED. WE ADVANCE RENTS ON LEASES. INVESTIGATE OUR NEW PLAN. AUTOMOBILE FUNDING CO. 113 HUME-MANSUR. MAIN 3868. LOANS On furniture, planoa. autos. Hr, stock, term lmpie,ientj and other collateral. CAPITOL LOAN CO. 141. ft K. Washington St. Main 058 6. Auto Lincoln Till WE MAKE first and second mortgages on Improved farms and Indianapolis rtal estate. AETNA MORTGAGE AND INVEST’T. CO. 60S Fidelity Trust bldg. AlorvEV furnished on realty mortgages and contracts. FRANK SAWYER. Meridian Lite Bldg. 307 North Pennsylvania street. Circle 1061. FIRST and second mortgages on Indian, and Irdlanapolls real aatate. R. B. WILSON. 1101 National City Bank bldg. Lin. coin 6104, “SHJea 'St SC 3S£S?irS2kMi
N. Y. Stock Exchange
(By Thomson & McKinnon.) —May 25. Trev. High Low Close Close Advance-Kumely 17-,% 17 17 17;^ Ajax Rubber.... 17 ICVi ICVi 17 Allied Chem.... 72% 71% 71% 71 Vi Allis-Chalmers.. 40'% 48% 4UM, GO Am. Beet Sug.. 44% 44% 44% 44 Am. Can 48% 47% 47 45% Am. Car Fdy.. 103 lia Ha 102% Am. Ice 111% 109% 11114 109 Am. Hide & Lea. 70% 70% 70% 70% Am. Nnt. Corp. 4S % 47% 47% 48% Am. Loco 114% 114% 114%, 115% Am. Steel Fdy 3f>% OS OS % 35% Am. Smelt. Ref.. 05% 0476 05 01% Am. Sug. Rf... 75% 75% 75% 75% Am. Sum. Tob. 30% 05% 30 30 Am. Tel. & Tel. 123% 123% 123% 123% Am Tobacco 143 143 143 1127s Am. W001en.... 92% 91 % 92% 92 Anaconda 55 53% 53% 55% Atchison 100% 100 100% loOb. Atl. Coast Line. 105 1027s 103 H% All. Gulf A- W.I 39 SS% 38% 58% Austen Nichols. 30*6 2976 301% •_*•.*% Baldwin Loco. ..117% 110% 110% 117 R. A 0 48% 47% 47% 48% Beth. Steel (B). 7*% 77% 77% 78% Brk. Rap. Tran. 25% 25 25% 25% Cal. Tele 59'% 57% 59% 57% Can. l’ac. 8y... 142 311% 141% 142% Cent. Leather.. 39% 59% 59% 39% Chandler Motor 75 74% 74% 75%, C. A 0 07% 00% OOlj 07% C.M. A St.P.eum 27% 27% 27% 277s CM. A St.P.pl’d. 43% 45% 45% 4 4 Chi. A N. 1V... 75 75 75 75 C. R. 1. A P.... 44"s 41% 44% 45 Chili Copper... 22 a 22% 22% 2274 Comp. A Tab... 71 09% 09% 70% Chino Copper . 31% 31% 31% 51% Columbia Gas .87 ; 87% 87% 88 Coca Cola 59 , 08% 59% 59 Col. Fuel A 1... 54 34 5.4 Coii. Gas Ill’, 110% 11076 117% Corn I’roducts.l99% 1(0% 1(0% 100% Crucible Steel .70 - 71% 74% 75% C. Am. 8 2-t% 21% 21% 25% Cuban C. S. .. 10% 10'% 16% 10% I HI. A Hud. ...117 110% 110,'.j l-jt'.j Del. A Lack. ...120% 120 12076 127 Dome Mines ... 28% 2$ gs% .... Erie IS 17% 17% 37% Erie Ist pfd. .. 20% 25% 26% 20% F. Flayers 83% $2% 85% 85% F. 1;. Cos 18% IS% ]s% ls% Gen. Asphalt .. 05% !% C3% 05% Cell. Cigars 74% 74% 74% 71 Gen. Electric ...lo4'-. 30!'. 104'- 10,5 Gen. Motors 11% 14% 14% 14% Goodrich 41', 41% 41% 41% <t. Nor. Tfd ... 77% 76% 70% 77% tit. Nor. (ire.... 4"% 49% 49% 40% ti. States Steel.. 87 84% 84% SO'g llupp Motors.... 20% 29 2(1% 20', Houston Oil .... 81 % 77% 81% 79 Illinois Central .107% 197 H>7 307 Indiahoma 4% 4'% 4% 4% Inter. Harvest ..195 102% 19:: 102% Inter. Nickel.... 37% 17% 17% 1s Inter. Paper.... 51 % 50% 51% 71 Invin. Oil 1.8% 17% 18% 18% Keystone Tire.. 22 21-'% 21% 21', K-Sfiebl Tire 50% 59% s<i% 51 Kenn. Copper... 58% ."8 " ;>s' . .'%% Lack. Steel 77 % 70% 70% 77% Lee Tire 53% 33% 35% 55% Lima Loco 117 % 114 111 115 Lehigh Valley.. 05% 03% 1:;% 04 L. A X 118% 118 lls Loews, 111 c 10,% 16% 30,% 10, % Martin Parry... 34% 33% 3:% :,.:% Marine com 24% 25% 25 % 2:’,'. Marine pfd s: % 83% 85% 81 Maryland 0i1... 35% 31% 55 31% M. Petrol 155 355% 1.5% 15”, % Miami Copper.. 5.0% 1-'% 59% 540% Maxwell ”A ’... 72% 72 72 s 72 Midvale Steel... 45 41% 41% 43 M.-Tac. Ry 25% 25-% 2.’’.% 24 M. Rv. pfd... 57 57% 56% 57c. Mont. A Ward. 21% 2 % 21% 25% National 1.,-ad.. 93% !*',% 9::% 94 N. Y. Air Itk... 7s 7' 78 N. Y. Central.. 91% 89% 99% id New Haven .... 55 52% 32'j 25% Norfolk A W.. .197% H’7 1 7-, H-7% Northern Pac ..77 77 77 70% u-.ven 80tt1e.... 26% 2-:% 2'*% 26% Pro. A Refiners 45% 4; , 42% 41 Pacific Oil 0,4 05% 03% 04% l'an-Atn. l’etr* 1. 00,% 0.5', 0,5% r. % Penna. R.v 41% 41% 41% -n% IVre Marquette 33% 55 53% 85-% Pierce-Arrow .. 19% 19% 19 j pi% Pierce Oil <’om.. le% 9 , 19 9% Pull. Pal. Car.. 121 12! 1:1 1:1 Pure Oil 32% 52 ."'. % 52% Reading 81", 79% 89 89 Rt p. I and Steel 7>'. . 74% 75% 71% Roy. I>l es N Y.. 12!% 02% o,s 'i 0,2% Sea rs - Roebuck .. 797:% 78 T ANARUS, 77'. Sinclair 50% 5! , 55% 5. : . Sup rior St■ - • •!.. 55% 85% 2.5% .’,•',% S: ■, ss. s S. A 1.. 59 89 59 51 South Pacific.... '.'2 iH % 92 92 Southern Rv 24% 24% 24-% 24% St. LAS WBy 31% 21 , 51 , 51 S Oil of Pal 115% 111 114% 114% S dll of N J is!) I'B% 15..5% 190 Sr LA S F com 30 29 % 29 , 2:1% Stewart A W... 43 42% 42% 42' . Stu lebnker 121% l2<i-% 129% 12! Tex Gas A Sul 43 40.40 40, TANARUS, x C-,al A Oil.. 29C. 8t; 29% 2"i% Texas Cos 48% 4'% 48% 49 Texas A pac... 551, 35% 5.5 , 5,4 Toliac,.., prod . .(74% 72% 71% 72" • Tran--, out. Oil.. 18% 17'* 17% I>% Union “.l 22 25 21% Union Pacific..l39! j 33'% 159 119 , I bitel Drug.... 7'% 77 77 7.5% 1 nit‘-d Fruit 141 * 19> IPi ..... c. S. Ret. Sirs.. 09% 0,71.5 0.8% 0.8% r s C-dini Pipe 54 54 ."t CS. Ind. Alee. . ru fi-.tj f,9% 50 I . S. Rubber.. 04 05% 0::% 05% U. S. Smelting. 45 45 4.”, 45 % F. S. Steel Hd' i Hiu% 19, j UU % I.S.St " I Pfd. 119 119 119 _ 319 Frail (.’upper .. 08% 0,7 0.7% 07', Vanadium Steel 49% 48 4’ * 59 Wabash 11% 15% 11% 13 Wabash Ist pfd. 5 ’.% 52 53' , 82% West. Pacific... 22 21% 21%. 21 - , Western Union.. !'7% 97% 97% 97 : . West. Airbrake. 94% 94% 91% .. .. West. Elec 0,2% 02% 02 j 03 While Motors .. 48% 4' 48 ..... Willve •(. verland 9 8% 9 .8% White (hi 9% 9% 9% 9% Wilson A Cos. .. 51 51 51 NEW YORK LIBFRTY BONDS. —May 25 rrev. High. T.OW. Close, close. Liberty 3%s ...109.0(3 99.90 99.91; 99.9s Liberty Ist 4s 99,70 ..... Liberty 24 4s 9: 79 99 0,4 Liberty 1.-t 4'-is. !<>O.(V4 ‘.31,91 '.19 ,s 99.92 Liberty 2d 4’ is.. ir.i 88 D:i 78 99 98 99.78 Liberty 3d 4%5. 99.98 99.94 99.94 99.9.8 Liberty 4;h 4 ! ~5.109.02 99.92 PH) 90 99 !i,i Victory s : 'iS HI uni Victory 4%s 100.8*) 39*1.72 H*i,72 lou.Ts
NEW YORK WOOL. NEW YORK, Mar 25.—W00l prices were firm oji the market today, prices of the past week being well maintained. NEW YORK PET ROEEI.W. NEW YORK, May Co.—Petroleum prices were firm ill trading on the exchange today, Pennsylvania crude oil selling at >3.23 per barrel. CLEVELAN D PRODUCE. CLEVELAND, May 25.-Rutter-Extra, 40Vj<fj;41e. prints, 41 %*/ firsts. ,‘,!i%*( 40c ; packin'; stock, lOfo'He. Eggs- I r. sii. 29'4c; oii'o firsts. 25fiJo%•■; western' firsts, 25c. Poultry Live fowl, 27*/,2Sc; roosters. ICe; troilers. 13e. He Stuffed Jumbo , but With His Wife IVs Another Story CHICAGO, May 25.—The end of a "perfeet partnership” was In sight lien today with tlie filing of a divorce complaint by Carl E. Akeley, world famous explorer, against Mrs. Delia Akeley, his companion in many expeditionse into the jrngbs. Akeley charges his wife deserted him in Uil7. The couple were married in 100*2. Mrs. Akeley is said to l.e in New York and Akeley Is now on a lecture tour of the West. Akeley was a member of former President Roosevelt's African expedition in li'Olt. lie has made many trips Into Africa and other remote lands, hunting big game, and is regarded as one of the foremast hunters and taxidermists of the world. He was formerly taxidermist for the Field museum and gained fame by stuffing Jumbo, the famous Barnuin elephant'. Until the expedition from which he returned In March, Mrs. Akeley had always accompanied her husband. 11 is stories of these trips are full of expressions of admiration for Mrs. AUeley's skill and bravery. On one occasiou she saved her husband's life by fearlessly facing an infuriated elephant and shootlag U down ii It charged upon them.
INDIANA DAILY TIMES
STOCKS HIT NEW HIGH LEVELS Rutland Touches Highest Prices in Years. NEW YORK, May 25.—The market closed strong today. Many stocks moved up to the highest prices of the year. Rutland preferred rose 6 points to 44%. the highest price In many years. United States Alcohol was in large demand, showing a gain of 4 points at 00. The steel issues were somewhat heavy, United States Steel reacting to 100%. Tobacco Products moved up nearly 2 points to 74%. Government bonds were unchanged anil railway and other bonds strong. Total sales of stocks over the day were 1,089,500 shares; bonds, 510,270,000. (By Thomson & McKinnon) —May 25 By the time the stock market opened this morning the public as well as traders had ample opportunity to study the decision of the Interstate Commerce Commission reducing freight rates and evidently come to the conclusion that the situation was not particularly inviting. This had the effect of reducing, to a very material extent, the early volume of business, which usually ai>pears through the various commission houses. Furthermore, we had the announcement that the steel merger had been placed in a peaceful repose l,y the Attorney General and that we will have to wait for Ills final yes or no. This was another element against the market and it was not surprising that before the session bad progressed very far a considerable amount of pressure developed, causing a shrinkage in values, and while considerable support appeared and many issues subsequently moved forward, the general appearance of the market nevertheless remained Irregular and Is at present in a position where it needs conslant. stimulation iu order to attract new buying. The long lines that have been built up during the many months of the market’s advance have created a technical situaticn which cannot be remedied in a moment. There lias been some improvement since the close of last week, but there is need for further improvement, and, so long n< the market is 111 this position there is always the element of chance of some surprise nnrl this makes it advisable to pursue a very conservative course : m,l reduce, rather than increase, commitments on the bulges. CLEARING 801 SE STATEMENT. NEW YORK, May 25.—Exchanges. $724,000,000; balances. $73,400,000, Federal Reserve Bank credit balances, $44,900,000.
Money and Exchange
Ind inapolis batik clearings Thursday were s2.7lS.'st; bank debits, $4,325,000. NEW YORK May 25 Demand Sterling w.,s slightly lotvi-r on tiie foreign exchange market here today, selling at $4.15 l-HD. Franc cable* were 9.Ls'r ; checks, 9 15c. Lire cables were 5.30 c; checks. 5.29' c. Belgian franc cables were 8.40 c; eh- ks, 8.45%e. Marks were IGuilder cables were S3.We; ch.-i Us. 5' Swedish kronen cables were 25.8m.’ ; checks. 25 85c. MOTOR SECURITIES. (15y Thomson A McKinnon) J —ClosingBill. Ask. Earl Motors 4% 4% Packard coin 14% 15 l’a* k it’d pfd 09 91 Peerless 40 4* Com mental Met- rs cm '% '% Con! innontal Motors 1 fd 89 92 Hupp cm 20 20% Hupp pfd 98 3"-' p.eo Motor Car 2; % 24% Elgin Motors 2% 3 Grant Motors % ’ Ford of Canada 380 385 National Motors - •*> Federal Truck V* 21 Paige Motors 20 22 Republic Truck 0% 19% ACTIV E OIL STOCKS. (By Thomson A M Kinnon.) -May 25.—Opening— Hid Ask Anglo-American Oil 21 21% llori e S*-r i uiser T’-o 3 s u Buckeye Pipe Line 97 99 Lh rough Mfg. Cons 19* -W Continental Oil Colo H" H-) (’resceh* Pipe Line 3.3 58 C‘n.iber!.a:id Pij Line L 5 1!' Elk Basin Pete 9’% 9% Eur'-k i pipe Line 9.3 9s Galena Signal id!, prof too 105 Gnl.-i-a-:- -gnat < til. com 54 57 lilimd* Pipe I.in- 117 JB3 Indiana P . 0 Lina 94 9s Merritt < 1 1 3-' j 1* Midwest <*:! 2.4 ;; Midwest Kfg 2(19 National Tr ;:*!t 21* 30% New- York Transit 175 l v o N'-rth.-rn Pips Line 107 lo.i Ohio oil 310 513 Penn. Me ; 2d 30 Prar. • Oil atid G as (>l' '-lo Prairie Pipe Line 230 233 Sapulpa K'Tg 1% 4’vi Solar KHiniiig . .350 870 Southern Pipe Line ltd 1"4 South Peon Oil .. .. . .. ■ .213. 220 Southwest perm Pipe Lines.. '0 (15 St a i hard Oil C u of I -id. .... Ito % 110% Standard oil Cn. of Kan 5”o 570 Standard Oil Cos. of K' 92 *, 93% Sf.iudiird (ol Cos. of Neb 199 2‘>o Standard nil Cos. of N. 3’ 4<>7 412 Standr-rd Oil Cos. of Ohio ....P’.ll 481) Swart Finch 50 40 Vaetiit.n Oil 120 410 W ashington Oil 20 50 NEW YOKK ( I 1111 MARKET, (By Thom:- >n >V McKinnon.) —May 25 Pid A'k Acme racking 52 05 Curtis Aero, com 1% 5% < ’art is Aero, pfd 21% 25% Boston ,v Montana 20 21 Goldfield Con t> ,s .lumbo Extension 5 5 Intcination.il Pet 21% 22 Kirby (til 30% 10% Nipissing (•’% (it.; Standard Motors 1% 5 Salt Creek is JB% Toi.opah Extension 1% 1% Tonopah Mining 1% 1% i’nited P S new 8% S% E. S. Light and lb-at 18. 11)1 G I’. S. Light nod Heat pfd. .. 1% 1% Wright Martin 2 5 Y ukon Gold Mine Cos 95 100 .Ternmo 3% Edited V.-rde 30 30% Omar Oil 1 7 1G 1 9-10 Rep. Tire 85 95
CHICAGO STOCKS. (By Thomson A McKinnon) On-n. High. J.ow. Close. Am. ShipbuMd... 7su, 70 Tsi., 70 Ar. A- Cos pld... 97% 97% 07 P7'4 Armour Leather 12'4 12% Ik'* 12Vi Armour L. pld.. 85 .... .. Case Plow 5% .... • <■ & c n pm s ~.. C Kiev 1! pfd S'a 8% B>i SVi Com. Edison ..13(14 , Continental M... 8% 8% 8% 8% Karl Motor t .... 4% 4% D-v: 3% I.ibby-MeNeill.. 2% 2-% 2*4 2% Mont. Ward .... 2t 24% 23''’<t 2t Nat. Loath . new S% 8% 8% 8)4 Big. Wig. (A;.. 4S'.i 48',i 45% 4(1 Quaker dais ... 96 Keo Motor 21% 2.7 21% 27 Stewart.W 42% 43 42% 42% Swift * Cos UI3 3113% ]U3 RillVi Swift Inti 20 1 4 20% 20% 20% Tliomp. (.1. ]{.) 40% .... Temtor Corn A. 1% 1% I'4 1% 1 'nion CAr 58 r,s 57% 57% Wahl (15 07 (11% 6i% Wviglov 102% 303 302% 302% Yellow Taxi 73 74% 73 74% Scars-Hoebuck.. 78% .... ..., ;..., STANDARD OIL OF INDIANA. Sales, 10,009 shares for the day. Open, 111 1 /,: high, 111%; low, 110%; rlose, 110%. NEW YORK TERPENTINE. NEW YORK. May 27.—Turpentine sold at Otic per gallon in trading on the market today. NEW YORK HIDES. NEW YORK, May 25.—Hides prices were firmer in trading on the market here today, native steer hides selling at 14c and branded steer hides at 13%c per lb. NEW YORK COFFEE. NEW YORK, May 27.—Coffee mines were firm in trade on the exchange here today, opening options being 5 to 8 points higher. Rio No. 7 on apot * quoted at 1094 c bid.
In the Cotton Market
NEW YORK, May 25.—The cotton market opened 11 to 14 points lower today. Commission houses sold July and. October and New Orleans boug\t. Dealings were quiet. The tone improved a little utter the start on trade purchasing and covering. New York opening cotton prices; June. [email protected]; July. 20.15 c: October. 10.03 c; December, 19.85 c: December. 19 Ssc; Januaryr [email protected]; March, 19.54 c. Tlie market was firm in the late dealings. closing 8 points net higher to 5 points net lower. —Cotton FuturesOpen. High. Low. Close. January 39.74 39.84 10.60 19.81 March 19.59 19.65 19.43 19.63 July 20.15 20.41 20.10 20.35 October 19.93 20.11 19.86 20 08 December 19.85 19.97 19.71 19.95 —Cotton Review— NEYV YORK, May 25.—Business on the cottou exchange today showed a tendency toward contraction, the volume being smaller and the fluctuations narrower. This is a natural result of improving weather in the Southwest, for this has removed one of the incentives for the heavy public buying thnt >ve have experienced for many weeks. Trade demand 1s here but apparently is not insufficient volume to absorb the offerings which appear to be increasing on the bulges, and, until we have some new crop scare, we continue to feel that It would bo advisable to utilize the bulggs for the acceptance of profits on long cotton. LIVERPOOL, May 25.—There was a good siiot demand for cotton today. Prices were steady and sales aiouud 12,000. American middlings fair. 13.394; good middlings, 11.34d: full middlings, 12.04d; middlings, [email protected]; good ordinary, 10.59*1; ordinary, l().09d. Futures were quiet during initial trading.
Weather
The following table shows the state of the weather at 7 a. in., May 25, as observed by U. S. Weather Bureaus: Statdou Bar. Temp. YVeather Indianapolis, Ind... 30.09 69 Cloudy Atlanta, Ga 30.16 6.8 Cloudy Amarillo, Tex 30.00 58 Clear Bismarck. N. D 30.12 60 Clear Boston, Mass 30.14 68 Cloudy Chicago, 111 30.06 64 Cloudy Cincinnati, 0 30.12 (58 Cloudy Cleveland, 0 30.14 68 ltalu Denver, Colo 29.98 50 Clear Dodge City, Kan. ~ 30.08 5(5 Clear Helena, Mont 29.62 54 I’tCldy Jacksonville, Fla... 30.08 74 Cloudy Kansas City, M 0... 29.00 04 Cloudy Louisville, Ky 30.12 70 Cloudy Little Rock, Ark... 30.(hi 68 Clear Los Angeles, Cal... 20.0 4 56 Cloudy Mobile. Ala 20.04 74 PtCldy New Orleans, La 30.02 7(5 Clear New York. N. Y.... 30.22 64 Clear Norfolk, Ya 30.24 72 PtCldy Oklahoma City .... 30.02 64 dear Omaha, Neb 20.9*5 62 Cloudy Philadelphia, Pa... 30.24 66 Clear Pittsburgh, Pa. ... .’50.14 70 Rain Portland, Ore. ... 30.02 4(5 Cloudy Rapid City, 8. I).. 30.02 58 Clear Koseburg, Ore 30.06 38 PtCldy San Antonio, Tex. 30 02 68 Clear San Francisco, Cal. 29.08 50 Cloudy St. Louis, Mo 29.98 70 Clear St. Paul, Minn 30.10 6) Cloudy Tampa, i-la 30.06 74 Clear Washington, D. C... 30.22 66 Clear WEATHER CONDITIONS. The rent*f of the main disturbance has remained nearly stationary In western .Missouri, nnd file storm lias caused showers in the middle Mississippi Yidley and adjoining sections to the eastward. The rainfall was henv.v in m niiinlrer of places from centra! lowa eastward to northern Indiana. Elsewhere throughout the country except on the north INieltlr const nnrl In I lorida. the weather has been generally lair. The clmngcs In temperature have not beeu decided over large areas. CORN AND WHEAT BULLETIN. For the twenty four hours ending at 7 n. ni., Thursday, May 25, 3922: Temper-1 • ture. a * —° V Stations of g! -lutr-o . Indianapolis „ n j ja —55 k District. *2 -jit %, i j;! trr 1 S - i i“ G | oc .. =“ I S .*■ cl‘ £o8' Urli Bend SO j~6<i : iTIST (bool * Angel.! si I 62 * 0.33 , Good Kr. Wayne ...... 80 | r 4 j 0.511 t YVh.-ntfi.dd ' *54 1.46 : Muddy lloyni Center ...1 so 6! 1 0 Morion M , (54 1.68 Good Lafayette |sq j *;s ( 0 j Good Farmland , So 64 027 i Good Indianapolis ....; 83 I 65 0.09 Gor.d Cambridge City, s.’t 6’4 j u.ul ' Good Terre Haute ....j 82 *6B j 0 I Bloomington .... s2 62 I (* , Go. I ( oiumlius ! 87 | *55 ! 0.03 j Good Vincennes |BB | r,7 j it .Good I’aoll ' 81 |65 019 , Good Evansville | S'i ; 68 ■ 0.02 | J~H.AH\T I NGTON.~ Meteorologist. YVeather Bureau.
Local Stock Exchange
•—May 25 6TOCKS. B'.d. Ack. ind p.y. A- Light com 57 .... Old. Ry. & Light pfd 78 Indpls. St. Ry f,2 f,7 Indpls. N. W. pfd fio ludpis. <fc s. E Pfd 60 4- H . T. & L. pfd 72 T. H , I. & e. com 8 T. IK, i. A E. pfii „ ... 15 IT. of Ind. com ~, x U. T. of Ind. Ist pfd .5 10 1 . T. of Ind. 2d pfd 2 Advance-Uumely pfd p .. Advance-Itumel.v coin ... Am. Central Life 200 .... Am. Crcosotlng pfd 114 lOot Tt. R. pfd 51 Belt It. R. corn CO 62% Century Jildg. Cos. pld 95% .... Citizens Gas Cos 22 ... City Service com 22.S ... City Service Cos. pfd 64% 67% Dodge. Mfg. pfd Home Brewing 4? Ind. Hotel com sn% *.! It'd. Hotel Cos. pfd p>) Ind. Nat. Life Ins. Cos 2 Ind. Title Guarantee 70 Ind. Pipe I.ine 92 ... Indpls. Abattoir pfd 45 Indpls. Gas 45 Indpls. Tel. pfd Indpls. Tel. coin Mer. l'ub. Util, pfd 4,3 Nat. Motor Car Cos 1% ... Pub. Savings Ins. Cos ■ 8 ... ltauh Fort, pfd 47% ... Stand. Oil of Indiana 3.00 Sterling Fire Ins Cos 7 Van Camp Ildw. pfd 90 ... Van Camp Prod. Ist pfd.... 97 100 Van Camp Trod. 2d pfd .... Vandalla Coal Cos. coin 1 Vandalla Coal Cos. pfd 7 12 Wabash Ry. pfd 31% ... Wabash Ry. com n ... BONDS. Broad Ripple 5s 62 67 Citizens St. Ky. 5s 82 Indian Creek Coal & Mine Gs ... 100 Ind. Coke & Gas 6s feG Indpls. C. &8. 5s 91% ... Indpls. & Martinsville 5s .. 58 Indpls. & North. 6s 41 40 Indpls. St. Ry. 4s 6>% 67% Indpls. & N. W. 5s Nt 55 Indpls. &S.E. 5s 40 „.. Indpls., Shelby. S. E. ss. 70 ... T. H., I. &E. 5s 64% <17% Citizens Gas 5s 85 90 Indpls. Gas 5s 85 88 Kokomo, M. & W. 8s 87 90 Ind. Hoel Cos. 6s 99% ... Indpls. Water 5s 96 100 Indpls. Waier 4%s 81 Indpls. T. & T. Cs 80 85 Indpls. L. & H. 5s 90 94 TJ. T. of Ind. 6s 54 ... Mer. H. & L. 5s 99% 100 New Tel. L. D. 5s 97 New Tel. Ist Gs 97 ... South. Ind. Power 6s 87 92 NEW YORK SUGARS^ NEW YORK, May 25. —Raw sugar prices were firmer In trading on the exchange here today, Cubas selling at 4.17 c per pound, duty paid, and Porto Ricos at 4(d!4.25c per pound, duty free, delivered. Refined sugars were also firmer, fine granulated being quoted at 5.30(g:5 50c and No. 1 soft at 5.45 c per pound. NEW YORK METAL MARKET. NEW YORK, May 25.—Copper—Steady; spot and May offered. 13%c; June, 33%c. Lend—Firm; spot. May and June offered, B.BDc. SpsUsr—Firm; spot and July.
SWINE PRICES 15 CTS. HIGHER Cattle Values Again Strong ■—Veals Hold Firm. BAXGE OF HOG PRICES. Good Good Good Mty Mixed. Heavy. Light. 18. [email protected] [email protected] 19. [email protected] 10.7f. @IO.BO [email protected] 20. [email protected] [email protected] [email protected] 22. [email protected] [email protected] [email protected] 23. 10.65 @ 10.70 [email protected] [email protected] 24. 10.60®10.70 10.50 @ 10.60 10.70 25. [email protected] [email protected] [email protected] Swine prices were 15 cents higher generally in trading on the local live stock exchange today, with receipts light and the packing demand brisk. Shippers also held fair orders and were active buyers during the early hours. There was a top of $10.93 on lights, while the bulk of that grade brought $10.90. Mixed and mediums brought $10.85(310.90 and slightly heavies titan mediums SIO.BO. There were no heavy' swine on the market. Pigs were in better demand, selling at $10.75 and down. Roughs were selling at s9(l/9.25 generally and stags at $7(5(8. The bulk of the sales for the day ranged at $10.85(a 10.9 *. Cattle values were steady to strong generally, with receipts close to 610 and I ho packers displaying fair demands. The quality was fair. One load of extra good heifers sold at $8.85, which was the top for the day. There was a top of $9.25 on some choice heifers on the market of the previous day, but there was no comparison between the quality of those sold yesterday at $9.25 and tlie load that brought $8.85 today. Y’eals were steady generally. Receipts ran close to 700, the quality was fair and the demand good. With around 200 sheep nnd iambs on the market, sheep were steady aud lambs strong to 50 cents higher. HOGS. 100 to 180 lbs. average ?W.55<g;10.95 Over 300 lbs 10.65 150 lbs. to 300 lbs [email protected] Best pigs, under 140 lbs 30.5061,10.73 Top 10.93 Roughs 8.75(if 9.25 Stags 7.00/b) 8.09 Bulk of sales 10.85(9.10.00 —C'attlo— Few choice steers 5.23'3 5.50 Prime corn-fed steers, 1,000 to 1,800 lbs 7.83® 8.25 Good to choice steers, 1,209 to 1,300 lbs 7.50@ 7.75 Good to choice steers, 1,100 to 1,200 lbs 7.oC'@ 7.25 Good to choice steers, 1,000 to 1,100 lb 6.30® 7.00' Common to medium steers, 800 to 1,800 lbs 6.003 6.00 —Cows and Heifers— Few choice heifers $.73 Good to choice heifers 8.*4*3 8,75 Medium heifers 7.50% 7.83 Common to medium heifers . 6.25f*{ 7.25 Good to choice cows 6 25%; 7.25 Can tiers hop'd 4.'*o Cutters 2.753 l.tX) —Bulls— Fancy butcher bulls 5.503 6.23 G i.d to ehoh->' buti her bulls.. 5.25% (),n) Bologna bulls* 4.903 4.75 Light bologna bulls 3.753 4.25 Light common bulls 0.0U3 3.75 —Calves— Choice veals 10.00$? 10.50 Good vcais 9 sv.i <i 10.50 Medium veals KMy. 9.0-9 Common t-> heavyweight veals 71 B.<n) Lightweight veals 6.563 7.09 —Mocker* and Focclers— Good to choice steers under MOO lbs 5.853 7.35 Medium cows 2 s*t% 4 .V) Go<"l heifers (■..*> - 7vt Medium to good heifers 4.753 6.90 —Sheep and Lant!>s— Cull ewes 2DO Good to choice l ives 2 "t 4.59 Bucks 2.b (,i; ;;..*, 1 Yearlings 9.9'% 12.,5* 1 Springers 3:1.00%, 16.00 Burk lambs 5.304 b 659 Culls 2.503 4.00
Other Livestock
CHICAGO, May 25.—Ilogs—Recelots, 24,thtO; market. 7 to 10 cents higher; b ilk of sales, 510.504/10.77: top, Slo.Mi; heavies, $10.70% 10.65 : mediums, JIO.GKo 10 SO; lights, $10.77% lo.so ; light lights, $10.17% 10.70; heavy packing sews, smooth. .$9.47 (;9.V; packing sows, rough. J9.17'V<p.70; pies, $9 2.. fit 10.27. Cattle Receipts. 11.imi : market, steady u. strong; t%>. $9 27 Beef st-'i-rs Choice and prime. .s'77(o 9.37; medium and good. 57.90% '.77; g... i and oh"i e. $v4:1%9.27; e. lnufot and medium, 57.27 ii 5..".0. Butch* r ■ attic 1i• *fers. JfVo 'OO : run ?, Jlo <<ti 7.27; 1 alls, s}.4<)(ntl.so; 'cal / lives, light and hantiyweight, *s.27<t 10.25; fivi'-r ste-rs. S' cows and h/ if/ rs. .$!.274(6.17. Sheep and lambs -Receipts. 13,H ". mirk t, steady t/i 27 ci’nts lower; go-id t/' choice lambs. .$10,704(13 77; cull and common lames, S7.;>of/i 10.70; y*'iirlii:g wethers, ¥S.7-7-; 11.27; owes, 54.25447.50; cull and common ewes, $2% 1.25. CINCINNATI. May 25.—T!- gs Receipts. 4.700; market. Mead.v to 5c liigh'-r: all grades good swine. *li'.So; rough. $9; .'tags. $3.77. Cattlo—R/c-ipls, 6‘o; mar k<d. steady to strong: bulls, weak: calves, >10.50. Sheep ami lambs Receipts, 4.7>H!; market, strong ; owes. slei6; choi/a* lami/s, $17*416.75; seconds, >11*1,13; culls, >'n:9. EAST BUFFALO. N. Y„ May 2-7.-Ilogs Reoeiiits. 1,300; market a* live; york/Ts. $11.27(//11.57; pigs ami mixed, $11.17*1-11.27; heavies. >11*711.1.7; r-.ughs, #8.77549; stags. >7*j6. Cattle—Receipt' - . 1"0; market active; skipping steers. #*27*48.75: buti-':er gra/ie'. 87.27*1 5.7/1: heifers, S -.70*/7.77; caws. >2*7.6.70. Calves Receipts, 17<i; market a/div-; cull to choice, >4*<ll.*o. She. p and lambs- lte/■/dpts. 170: market active; <-In.l* lamb'. >lC*7 !7_: cjiil to fair. >10*411; yea rungs, >6*7 /3.77; sliecp, >3*/ $.7.7. EAST ST. LOUIS. 111., Mnv 25 - Ilogg R/a-eipts, 8.500; market. lOfi/'I.Y* higher: luixc/l and 1 iit.di/'rs. >10.70*7,10 so; goo.l Iwavies, >10.65*i 10.75: r/tugiis, >9.1/*79.25 ; lights, >10.77*; )o.$0; pigs, $10*7.10.65; bulk of sales, > 10.67*7.10.77, Catlle -Receipts, 3,000; market steady; native beef steers. >8.70*7.9; yearling steers and heifers. >8.25(179: cows. >!(!;.6.27; steek'-rs anil feeders, > 1.50(ft6.7-7; calves. >3.*/9.77; c:tniiits and cutters. >10.05*7 i0’7.7. Sln-ep and lambs - Receipts, 2.O(Ki; market steady; mutton ewes, >1 75*47.75; g/otl to choice lambs, >lO@U; caunurs and choppers, #167,3. riTTSRURGIT. May 23.—Hogs—Receipts, 3,500; market, 13c higher; prime heavies. >11*111.13: mediums, $11.40*111.43; heavy yerkers, $11.40*7 11.45; liglit y.-rkers, >1 35*7 11.40; pigs. >ll .'laf/fl 140: roughs, >8,75*79; stags, $5*75.25 ; heavy mixed, >11.25*;11.3.7. Cattle—-Rc/'eipts, loo: market, sloady; choice, >8.75*7 9; prime, >8.50*78.75: good. >B7/8.70; tidy butchers, >7.30*7 8.23; fair. >6 50*7 7.23; conimon. $37/6.50; cor'.iii/>n to good fat bulls, >3*7(1.50: common to good fat cows, >3.50*76.50; heifers. >5 50**7.50 ; fresh c//\vs an li.springers, >33*; 75: veals. >1150; heavy ami thin calves. .$5.50*/$.50. Sheep and lambs—Receipts. 300: market, steady; prime wethers, $7.23*;7.75; good mixed, >6.25*7,7: fair mixed, >s*i!i; culls and commons, $267.1! good to choice lambs, >l2(u: 12.50; springers, >l6.
INDIANAI*OI.IS PKOfil CE. Eggs—Fresh, 226j23/\ Butter—Backing stock, lC*/17c. I’oultr.v —Fowls, 19®23e; )/>ghorn fowls, 17c; hroilefs, li-j@2-lb size, 45c; broilers under 1% lbs, 3Se; leghorn broilers at discount; cocks, 35c; stags. 13c: young ben lurks, S lbs and lip, 30e: 01/l tom tnrks, 25c: young tom turks, 12 Ills lip, 30c: cull thin turkeys not wanted; ducks, 4 lbs and up, l(s*>l7c; geese, 10 lbs and up, lie; squabs. II lbs to dozen, >5.50({40; old guineas, per dozen >3. Butter—Local dealers are paying 35@ 3Ge per lb for butter delivered in Indianapolis. Butterfat—Local dealers are paying 35c per lb for butterfat delivered in Indianapolis. HAY MARKET. The following are the Indianapolis prices f//r hay, by the wagon load, delivered in Indianapolis; Hay—Loose timothy, >lS@2O; mixed hay, slß*/19; baled hay, >18*7)19. Oats—New, per bushel. 42®45c. Corn—Both old and new, per bushel, 6344 68c. WAGON WHEAT PRICES. Indianapolis flour mills and elevators yesterday were paying $1.30 per bushel for No. 1 red winter wheat; $1.28 for No. > rod winter and according to tost tor lift, t red winter.
GRAINS CLOSE SHARPLY LOWER Selling by Shorts and a Slack Demand Were Factors. CHICAGO, May 25.—Heavy 'selling of May wheat caused wheat prices to closesharply lower on the Chicago Board of Trade today. The market was weak throughout the day’s trading. Heavy liquidation by shorts, coupled with g slack demand, caused prices to drop. Deliveries on May contracts were heavy. Tlie Liverpool market was lower aud wheat belt weather was favorable. Corn showed a strong undertone, despite the drop in wheat and oats. Provisions were steady. May wheat opened off’lc at $1.31, and closed 2%e off. July wheat opened off '•sc at and closed off %e. September wheat opened off %c at $1.16%, and closed off %c. -May corn opened at 00%c, unchanged, and closed unchanged. July corn opened unchanged at 6'ic. and closed up %c. September corn opened off VsC at 05%c, aud closed up %e. May oats opened at 37%c, unchanged, nnd closed down y,c. July oats nt 38%c were unchanged, and closed unchanged. September oats opened up %c at 39%c, and closed off %cs. (By Thomson & McKinnon). —May 23 YVhent—Additional liberal deliveries of obi wheat on May contracts coming on a market devoid of important demand pro.' eipitated considerable liquidation of holdings today. It will be noticed that the nearby deliveries are weaker than the more deferred, due to the fact that an actuality is opposed to a theory. The actuality is the surprisingly free movement of old crop reserve from producing sections, whereas the theory is that importing countries will presumably accept all of the North American crop during the coming year. The September delivery in Chicago is in tlie neighborhood of 28 c'-nts under the Liverpool price. Aud i’t response to this there has been investment buying of Chicago September. The entire mark- t was steadied by the fact that Chicago May wheat is nearer a normal comparison with other terminal markets and with YYtunipeg. but it is uut discoverable that this adjustment has in arty way stimulated the export or milling demand. Crop reports' are generally favorable and the weather in tlio Southwest is clearing. It. is expected that recdpts <f old wheat will be liberal during the balance of the month arid if so it will have a depressing influence, but we are inclined to suggest caution in anticipating lower prices for the new crop cries. In view of the fact that the criti.qil period of the crop is still in the future', European countries have already purchas'd rather freely and, as yet, the American producer is cot an urgent seller. Corn and Gats— Rerent rains over the enru belt have improved soil condition, and tic ti-w crop Is making proper progress. The news as to the new crop of oats is slightly pessimistic. As yet the afterplanting movement of corn has not materialized. There is a fair domestic demand for oats, together with a few sales to exporters. Under these conditions the cash markets display firmness. As yet. nothing has developed to give either of tins; markets any prominence. YVe beli"ve that they will continue to reflect wheat ill a small way. I’rovisioiis—The early weakness Jn grains offset higher Liverpool prices on 1 ar<l and firmness in hogs. Not mm-h interest was displayed iu tlie market. Offerings of deferred deliveries aud of cash meats were light. CHICAGO GRAIN TABLE. -May 24 YY’ITEAT— Open. High. Low. Close May 131 1.31 1.27' . 1.28'., July 122% 1.22% 1.2*9'; 1.21% 11$% 1-18% 1.17 1.17% Corn— May 69% .61% .69 .60-% July 63 .65- s .62% .65% Sept.... •%* % .6*74 .til's .t‘s% OATS— Me'V 57% .37% .36% .36% July,. . ,55% .38% .57% .58% Sept. .o.';s -4(9 gi'J% .39 ± rt>;:k - •Muv 23 25 I.ARD .May 11 20 11.32 11.50 31.52 Julv 31.40 1 1.47 1 1.4*9 3 1.47 Sent.... 11,65 11.75 11.05 11.62 RIBS - •May 1.".5il •July 11.95 •S-Pt 11.82 r \ 1: May 1.04 % 104% 1.01% 1.92% July — 1.’6% :<*:;% I.l*l •% j.irj s, ’!' r ‘Jii .90% 2.5 25% •Nominal. CHICAGO ( ASH' (.RAIN. CHICAGO. May 25.—Wheat--No. 2 red. $1289*12'%; No 3 red. $1.23%% 1.21 % ; N*>. 2 har*l win'er. M. 2-4; 1.29%: No. 3 ' ..r 1 w'li 'T, $125: N*> 2 mixed. $1.25%: No. 5 hard winter, $1 16: No 3 mix. and, 81.28% *’ ru —No. 1 mixed, 61' i6l %.*•: No. 7 mix ■*, td ./61 ■',*•; N**. 2 white. 61% (■/OF' : No. 2 yellow. 61V* >i6’-V; >%.. ~ i:::xed, 68-: N" 3 while, t’d >,t’.l %<■; No. yellow, 6m% ./61%c; No. O mixed, tit’.c: No. 4 white, 60%,<■; No. 4 yellow, 6 7$ 6'l %•*.’. Oats—No. 2 white. .'{'%•.3lc: No. 3 white, 37%%09c; No. 4 white, 36%:u37c. TOLEDO SEED AND GRAIN. TOLEDO. May • 2-5. Cloverseed -Cash, $12.37. Oetoiier, $11.35. Alsike —Cash. $11.50; August, $11*75; October, sll2O. Tim. thy -• ’.i■*!), J25.T*: May. $5.10: September, 83. to ; October. $3.2*0. Whe.-it Cash. $1.29’.* 1.51 ; May. ,81.29; July, *’..rn—Cash. *%'e,;S'7c. Oats Cash, Rye—Cash, $1.03. lfcirlcy —Cash, *>"<'. riIBIARY MARKETS. (By Thomson *N McKinnon.) —>iav 25 - KFCETI’TS. YViuat. Corn. Oafs. St. Joseph 15.-0* 48.1’tii) S.**tlo Chicago 506.0,0 2x7*00 124.0(>d Minneapolis .. 154.000 27.00!9 37.06*) Duluth 96.(0 3-,00(9 87.1*-* St. Louis ... 166.000 85.0(9(9 61.0*9 Tided* 106.0* 0 9,000 12.0*10 j betreit *:. 00 5.(*t,0 S,o‘Kt Ktins .s City .. 205,009 3i'.Ot'-9 15.* 06 ; Peoria 2.0**,9 53.000 I ‘maha 41.009 lltt.OS*) 41.000 Indianapolis . 3.009 2“J.*ti 58,tw0 Totals 1.296.000 721.0 0 576.0n* Year ago .. 857,000 1.033,000 091,0 0 SH ri'MEN'TS. Wheat. Corn. Oats. St. Joseph ... 10,0(H) .39,00.' Chicago 297.0,(9 22.000 ,6ts.**t*i Minneapolis .. I<'L<B*o 4I.IHM* 2(41.1*00 lUlllttn 525,’*00 465.(9* HY 185,0*0 St. l.miis ... 101.0:*0 64.(810 s'.'i*(o Toletio 9,000 25.001 B.o*lo Detroit 6.i.<90 4.000 Kansas Citv .. 195.600 $>9,090 34.0*10 JVnria ' 2.000 19.0*Ml 50.0;*9 Omaha 214. (K) 81.000 28.0 O I Indianapolis • ll.OtMl l2.ot>(*| Totals 1.475.000 856.000 908.040* Year ago ... 825,000 7:i3,'.'ot) 415,000 CLEARANCES. Wheat. Corn. Oats Now York . 94,009 20.000 Boston ...... 2 t.d- >0 I-hiladclnhia . 56,(M.90 25,*w0 Baltimore 27".oo0 13,000
Totals 80,000 Rs7.o-0 33,000 Year ago .. 190,000 399,000 INDIANAPOLIS C ASH GRAIN, —May 25 Bids for ear lots of grain and hay at the call of the Indianapolis B/ard of Trade were: Wheat—No. 2 red, >1216/137. Corn—No. 3 white. 04U*i03%c; No. 4 white, 03U.*iG4'v.c; No. 3 yellow. 04*7 fll'.ae: No. '4 yellow, 63*764/': No. 3 mixed, 62%*/64c: No. 4 mixed. Gl*jiff63c. Oats—Easier: No. 2 white, 40’ 1 (o'2cl No. 3 white. 40*i tlc. Hay—Steady; No. 1 (imnthy. >19.50*7 20; No. 2 timothy, $196/19.30; No. 1 light 1 lover mixed, >lB. 306/19; No. 1 clover, >2o*7 21. ... —lnspections Wheat—No. 2 red, 2 cars: No. 3 red. 2 ears; No. 4 re/1. I car; total, 5 oars. Corn —No. 3 white, 2 cars; No. 4 white, 3 cars: No. 3 white, 3 oars: No. 6 white, 2 e/irs; No. 2 ytllow, 1 car; No. 3 yellow, 1 car: No. 4 yellow. 1 car: No. 3 yellow. 2 ears: No. (5 yellow, 3 cars; sample yellow, 3 cars; No. 6 mixed. 1 car; sample mixed. 1 car: total, 23 cars. Oats—No. 2 white, 3 cars; No. 3 white. 15 ears: No. 4 white, 5 cars; No. 5 mixed, 2 /-ars; No. 4 mixed, l car; total, 26 cars. Rye—No. 2, 2 cars. llay—No. 2 timothy, 1 ear; No. 1 elover mixed, 1 ear: total. 2 ears. Total number of cars for the day 3S. NEW YORK RICE. NEW YORK, May 25.—Rice prices were firm in trading on the exchange today, domestic being quoted t VA& Ihie per lb.
MAY 25,1922.
PREPARE FIGHT ON REDUCTION IN COKE RATES Terre Haute Chamber Says New Schedule Will ‘Kill* Business. TERRE HAUTE, Ind., May 23.—The local Chamber of Commerce, assisted by YY. S. Blnuvelt, president of the Indiana Coke aud Gas Company, is preparing to make a bitter tight before the Interstate Commerce Commission for the coke dealers of Indiana, regarding the recent approval of the commission rtf .the coke freight reductions between Birmingham, Alabama and Chicago. Telegrams have beeu sent to the commission asking for a rehearing in the matter, inasmuch as it will directly "Kill” the coke industry in Indiana. The commission recently granted a reduction from $0.19 to for coke between the two cities. ’From Terre Haute to Chicago the rate stands a( $2. ‘‘This reduction, if "it takes effect June 1 as set out by the. commission." Biauvelt said Thursday, “will kill the industry here. ‘’lndiana, there are more than 259,000 tons of unmarketed coke. YY'e would not be able to send this to the Chicago markets and hope to compete with the Southern coke with the new freight rates ia effect.”
W. C. FARRELL M PRESIDENT OF . POSTMASTERS Middletown ?*lan Elected to High Office at Annual Convention. YY. C. Farrell of Middletown, was elected president of the Indiana State League of Postmasters at the annual convention at the Federal building today. lie succeeds John T. Clapp of Beech Grove, who also is president of the national organization. Third ami fourth class posts masters comprise the membership. Other officers were elected as follows: C. C. Alton. Milan, vice president; Charles E. Noble, Rolling I’rairie. secretary-treas-urer; W. A. YY’ake, Roanoke and A. D. Toner. De Long, members of the executive committee. They succeed Mr. Wake, who was vice president: B. YV. Shafer of Jonesboro, secretary-treasurer, and O. J. Chapman of Eaton and Mr. Farrell, executive committeemen. Addresses were made by A. J. Cahill, Mr. YY'ake and Harvey C. Hyer, and a paper by C. YV. Reed was read.
Washington Briefs
WASHINGTON. May 25—One of Warren Gamaliel Harding’s conspicuous traits throughout his political career has been Litter-end loyalty to his friends. That is why the President will not be stamped, and into any precipitate action or attitude toward Attorney General Dauglix ertv. Their friendship is of the Damon and Pythias type. Crusades like th; one now n. progress against the head ol the Department of Justice are designed to strengthen it, for Mr. Hard. ;-s fealty to his comrades is strongest v- tea they are under fire. At the outset of the President’s precot.vention campaign in 1920 it is related that a group of his cronies at Marion sought to induce him to throw ever Mr. Daugherty as h:s political lieutenant. Tiny r presented he was a liability rather than an asset in Mr. Harding’* budding campaign for the presidential nomination. ”151 rather losp with Harry than win without him," was the eraphatic manner in which Ohio's favorita son closed the interview, Canada's foremost political loaders, representing all the parties in the Dominion, have just joined in a forceful appeal to the country to prorate the objects of the “League of Nations society ii Canada.” The appeal is signed by the late premier. Arthur Moichen; by IPs predecessor. Sir Robert l’ordenT by the present premier, W.®L. MackcnsicKing. and by Sir George E. Foster. T. A. Crt-rra. Henri S. Belaud, N. W. Rowell aud Charles J. Doherty. Their manifesto reals: "We have associated ourselves with this society because we believe in the purpose and aims of the League of Nations. It is* out belief that the world's p*;>ce will in*t be assured until tlie conscience of humanity shall constrain government ttt'Ji nations, under pain of outlawry*, to bring their differences to tlie council board fustead of tlie battlefield. Under present conditions, tho League of Natrons is tho most effective end. indeed, the only available instrument for that purpose. It can only be made thoroughly effectual if it is supported by an informed and intelligent pql.Ac opinion In every nation that is a member of the league.*!
Certain Republican nutborSticS who read in recent signs 0” the political times a growing discontent with Republican leadership in Congress envisage wilh equanimity the prospective protnotion of Representative Frank W. Mondell to the Senate. Their calculations are based upon the expectation that the present House majority leader will successfully contend for the seat in the Senate now held by John V. Kendrick, Democrat of Wyoming. if Mr. Mondell returns to Congress fls a United >:atcs Senator the way will ba paved fur anew Republican captain la (lie House. Many fellow Republicans, who cherish high regard for Mr. Mondell in a personal senso, do not approve Ins tactics ns the majority chieftain. They are inclined (/> charge him with main responsibility for the displeasure in which the RepublVau Congress today il Mi by the country at large. : Ever and anon more or less clrcum* stantial tales reverberate through Wash* ington to tlm effect that a change in the Democratic leadership in tHt? Senate is in prospect, ton. The reports date from the Four-I’ower Treaty in March when Senator Underwood, nominal commander of the Democratic forces in the Upper House, found arrayed against him the overwhelming majority of his own followers. The bulldog fighting spirit and parliamentary finesse revealed on that occasion by Senator Robinson of Arkansas are sai/1 to have commended themselves highly to Woodrow Wilson. That circumstance appears to be responsible for the theory that the sage of #■ street would welcome Mr. Robinson’s succession to the Democratic leadership in the Senate. Mr. Wilson selected the Arkansas Demosthenes for the permanent chairmanship of the Democratic national Cua vention at San Francisco in 1920. Tells Future of Community CKesf The purpose and the future of the Community Chest in Indianapolis were tlm subject of an address given last night by Miss Florence Seder, publicity secretary of tlm Community Chest, before the Social Service Club of the Fouriii I‘resbytcrian Church. Round table discussion of ways to strengthen the chest and to enlighten the public as to its real function concluded the meeting, which waa held it the hem* of Mr. aa4 Mr** Sobcrt Sbftlbora, MU Guilford mss*
