Indianapolis Times, Volume 35, Number 14, Indianapolis, Marion County, 27 May 1922 — Page 15

MAY 27,1922.

MARKET IS OPTIMISTIC ON FREIGHT CUT Likes Cheerful Tone of Address by Judge Gary—Rails Clearing Up. *c!al to Indiana Da!!? Time* . Philadelphia Public Ledger. By MONITOR. XEW YORK, May 27.—Optimism continued to dominate the stock market today, and It evidently required not even the cheerful note sounded In Judge Gary's address before the American Iron and Steel Institute to cause the average traders to take a cheerful view of the outlook. For one thing, the status of the rails is expected to be cleared up In the near future. A day or so ago some discouragement was engendered by the heavy rate reduction in spite of the enunciation of the principle that no basis for returns should be formulated that would provide less than 5% per cent for the carriers. The Street, however, baa taken a fresh hope on the ground that the labor board is expected to make a sustantial reduction in wages, at least on tome classes of labor. A Chicago rumor today had It that the reduction would be as much as 15 per cent, but this was believed to be excessive. At any rate, the railroads soon will know where they stand and the removal of the element of uncertainty will Ue a strong sentimental factor. The weekly statement of the Federal reserve system was encouraging In the evidence It gave of the stability of the money situation. The decline of oneten th of one per cent to 77.„ is relatively Insignificant. Evidently the recovery in business has not yet begun to make a preceptlhle demand upon the credit facilities of the countries. . Speaking from a group standpoint, to■ffe’s market made its best showing In rails. Price movements, with the exception of Lake Erie $ Western issues, which ran up sharply, were cot extensive, but the undertone was firm throughout practically the entire group. Comfortable gains were made by Reading. St. Paul preferred, Lehigh Valley and a few others. Copper® were steady, oils were firmer on reports of further advances In crude, Mexican Petroleum, California Petroleum, Producres and Refiners and Marland & Phillips being among the strong Issues. Active specialties included Brooklyn Rapid Transit, North American Company, National Enameling and Stamping, American Ice preferred. Tobacco Prodnets and Coca Cola. Studebaker was the feature of the motors.—Copyright, 1922, by Public Ledger Company.

WALL STREET GOSSIP

BY MONITOR. NEW YORK. May 27. —American Ice common and preferred were again strong and active Friday with rumors of new financing continuing as a background for the movement. One story in circulation has it that the preferred will be retired and common stock increased to a point where four shares will lie issued for one share of the common now held. Call money rates firmed up above the 4 per cent level again, but this has had little r-a! effect upon the market. Time money is also slightly firmer, and no maturities are offered below 4 per cent. Wall street is convinced that money will easy for several months to come, if not. that pressure again*' the markets wll! demonstra'e approaching firmness in the money markets long enough in a<i\ance to give plenty of w "ring. Frank N. Kondolph has retired as president of the Remington Typewriter Company, and has been chairman of th*boara. Mr. Kondolph has been urging that a snecessor he appointed as president of the company for some time, in order to relieve him of the actual management of the company. B. L. Winehell is the new president. Gulf Oil has been one of the features of the “over-the-counter" market for the past two months and during the day advanced another 50 points, making a total advance of about s2<) per shade during the two months' period. Rumor persists that Standard Oil of Indiana is to merge with Gulf Mil, although the statement has already been denied. Buying in the Brooklyn Rapid Transit issues was the reflection of the strong showing made during April. The net in come of tip- system for the Inst month was Solfi.Opfi, after taxeg and charges were paid, as compared with $102,145 in April. 1920. Earninirs for the ten months tn led April 30 were $2.3<10.127. as compared with a deficit of $5,284,203 for the same period a year ago. With the approach of the summer months, during which time the open street cars an i elera‘ed systems have a tendency to attract passengers from the subways, it is believed that earnings for the summer peri and should show further improvement. Stockholders of Royal Typewriter will meet soon to consider a change in the common stock from a SIOO par basis to a no-par value basis and to authorize a nuffie.ent increase Lu outstanding common stock to permit the company to liquidate accumulated dividends amounting to $2,368,971 on the 7 per cent preferred stock. It is believed that the cMDpany has adequate funds on hand to dividends, but desires to keep cash for working capital. The April report of the I'nion Pacific does not keep the promise made by the first quarterly statement. April gross is 9 8 per cent lower than March, ns com pare; with a decrease for March of but 2.8 per cent from February. April net Is F-9.7 per cent below the April. 1921. net. Tbte falling off in earnings is explained by ' higher operating costs, particularly 5n the maintenance of way expenses, which Increased 22.1 per cent during the mofith. The Palifornla Petroleum Company for the quarter ended March 31. showed a surplus of $575,570 after charges, depreciation, depletion adn Federal taxes. After preferred dividends, this is the equivalent of $2.04 per share on the common. During the same quarter a Tea? ago the surplus was $70ti,725, or $3.72 per share on the common. Coca Cola established anew high above 62 during the day's trading, buying being based on the general exp-ctatlon that the May earnings would prove to be record breaking During Anrll this company earned $703,000. and it is expected that the May earnings will be about $850,000. Coca-Cola still has its big season ahead, as the hot weather P<rlod naturally develops a much broader demand for its product. Lehigh Valley April operating reve rues was $4,388,002, as compared with $0,289,400 during the same period a year agx Earnings for the first four months cf the year amounted to_ $21,649,141, as compared with $23,912,275 during the eame period a year ago. Operating income during the ten months was sl.. 990.910. as compared with a deficit of $1,570,254 a year ago—Copyright, 1922. by Public Ledger Company. INDIANAPOLIS PRODUCE. jSggs—Fresh, 22(Jj23c. Butter—Packing 16<gl7c. Poultry—Fowls. §9'>j 23c; fowls, 17c; broilers, 1%@2-Ib Aire, 45c: broilers under 1% lbs, 38c; leghorn broilers at discount; cocks, 13c: stags, 13c; yonng ben turks. 8 iba and up. 80c; old tom turks, 25c; young tom turks. 12 lbs np. 30c: cull thin turkeys not wsnted: ducks. 4 lbs and up, 16<ffl7e; geese, 10 lbs and up, 14c; squabs. 11 lbs to dosen, old guineas, per dozen, $3 Butter—Local dealers are paying 85Q 88c per lb for butter delivered in Indianapolis. Butterfat —Local dealers are paying 35c per' lb for butterfat delivered In Indianapolis.

1 THE EUROPEAN EXCHANGE. -__ i mu \-mwn ivlvr- — 7 xJc / ' V / V, Not WAV A' a. f 30 Z' 1 , Franc* / L-JCfilvl V~f ~ : 1 u 30 -q / —j ——4- — 1 rt--10 -rt——4-—■ —— ■ ■S v**-. — .. __„ km 1° J4R.iFU.iMAt.jtMt. Mi!jUi!jCL.i/UAistP. OCT.HWV. JAN- FIB. MARJAFR.iMtt JWi. 1921 1922 1,1,1 1 - - Kr*maJ3&iAmicbamS

The alove chart shows the per cent of exchange of the European countries lat year and this year to date, cross lines indicating the fluctuations and recent advances in all instances, except German exchanges.

N. Y. Stock Exchange

(By Thomson & McKinnon) —May 27 Prev. High. Low. Close Close. Ajax Rubber 10% 16k, 10% 104* Allied Chemical 71i* 7! 71 704* Allis-Chal 50 494* 49% 50 Am Bosch Mag 40% 4040 40 Am Can 49 48% 48% 48% Am Ship, etc .. 23% 21% 23% ... American Ice ..111 110% 110% 110% Am II & L pfd.. 71% 71% 71% 71% Am Xnt Corp... 49 48% 49 45% Am Loco 115% 115% 115% 115% Am 8 Found... 38% 37% 38% 35% Am S & Kef.... 05 '3 05 05% 05% Am Sugar Kef.. 70% 70 70% 73% Am 8 Tob Cos.. 43 39 42% 88% Am Tel & Tel.. 123% 123% 125% 123% Am Tobacco ...144% 142% 144 142% Am Woolen ... 93% 92% 92% 92% Anaconda 55% 55% 55% 55% Atchison 100 99% luo 100 At <i A W 1.. 42% 41% 42% 40% Austin Nichols.. 30 29% 30 29% Baldwin Loco ..119 118% 119 lls B A 0 48% 48% 48% 48 Beth Steel (B). 78% 77% 78% 77a* Brook Rap T.. 27% 20% 20% 27,* Cal Pete 00% 00% 00% 00 s Cun I’ac Rv 142% 142% 142% 142% Fen i.eat her.... 40% Oil 1 * 39 * 39% CA O 68% 67% OS 07 >* C, M &St P com 28% 28% 28% 2'% C, MA St P pfd 44% 44% 44% 44 * C, K I A Pac.. 43% 44% 44% 44% C, It I&P 0 pet p 83% 83% 85--a C. It IA P 7pei p 97% 97 97% ... Chili Copper .. 22% 22% 22% 22% Comp A Tab... 09% 09% 09% 09% Cluett A P ... ... 37 Fhibo Copper . 31% 31% 31% 31% Col. Gas. 87 '* 8 % B*% 87 - Coca Cola 05% 62 03% 01% Foils. Gas 117% 117% 117% 117% F'on. Can 67% 60% 07% 00% Corn Prod. 102 101% 101% 102% Crucible 76% 75% 75% 75% Cub. Cane Rug.. 16% 16% 16% 10% Del. A l uck 125% 125% 125% Dome Mines .... 29 29 29 28% Erie 18% 17% 16 17% Erl- Ist pfd. .. 20% 26 20% 20% Kndlcott A J.... 83% 83% Ss‘* 85% Famous Plyrs.. 86 84% 85% 84% Fisk Rubber ... l-% 16% ]s% 17% Gen. Asphalt .. 05% 640, 04% 144 Gen. Cigars .... 75% 74% 75% 74% lien. Motors ... 14% 14% 14% 14% Goodrich 42% 42% 42% 42% Gt. North, pfd. 77% 77% 77% 77% Gt. North. Ore. 40% 40% 40% 40% Gulf States Stl. 64% 84% 84% 83% Hupp Motors 20% 20% 20% 20'-* Houston Oil .... 82% 91 % sl% 80% Illinois Central 107 107 107 107 Indiahoma 4*4 4% 4’4 4% Inspiration 43% 42% 43 4-5 Inter Harvester 103% 103 103 103 Inter. Nickel... 18% ls% 18% 18% Inter. Paper .. 52% 52 32 52 Invincible Oil.. 43% 42% 43 43 Keystone Tire.. 22% 21% 21% 21% Kelly-Spg’fld... 51% 50% 51 50% Kenn. Cupper.. 39% 28% 38% 3-% Lack. Steel .. .. 7 4 76% 77% 70% Lee Tire Rub.. 33% 53% 33% 33% Lima Loco 115 115 115 115% Lehigh Valley.. 67% 66% 67 05% Martin Parry.. 34% 34% 34% 54% Marine com .... 24% 24% 24% 24V* Marine pfd .... 94% 81% S4F 94 Mav Stores 118% 119% HS% 118% Marvland Oil.. 34% 34% 34% 34 Mexican Pet 138 136% 136% 156% Miami Copper.. 30% 30V* 30% 30% Maxwell iA) .. 72 72 72 72 Midvale Si eel .. 41% 40% 41% 41*1 Mo-Par. Ky 23% 23% 23% 25% Mo.-Pac. Ry. pfil 57% 57% 57% 67% Mont. & Ward. 24% 24% 24% 24V* National Lead .. 96% 96% 90% 95 1 .. Nev Con. Cop.. 18% 18% 16% 18% N. Y. Central.. 91% 90% 91 90% New Haven 33% 33% 33% 53% Norfolk A W..11>8% 107% 107% 103 Northern Pacific 77 76% 77 77% Owen Bottle 30% 36% 36% 36% Fro A Refiners 47% 40U 47 46 Pacific Oil .... 65% 04% 64% 04% 1 an-Atn. Pet 65% 67% 68% 67% I’enna. Ry 42 41 % 42 ‘ 41% I-ere Marquette 35% 33% 33% 33% Pierce-Arrow .. 19% 19% 19% 19% Pierce Oil Com. 10 9% 9% 9% Pullman Pal. C. 122% 122'5 122% 121% I lire Oil 32% 32% 32% 32% Ry. Steel Sp 104 104 104 104 Reading 81% 81% 81% 81% Kep. Iron anil S. 77% 75% 76 73*, Replogle Steel.. 56 35% 35% 35% Roy. D. of N. V. 64% 63% 64 63% S-ars-Roebuck.. 90 79 79% 75% Sinolair 36% 36% 36% 36% Superior Steel.. 35% 35% 35% 35% South. Pac. ... 92% 92% 92% 92% Southern Ry. . 24% 24% 24% 24% St. I. AS. W. Rv. 31% 31% 31% 31% S. Oil of Cal ...116% 115% 115% 115 S. Oil of N. J..1!61% 1.88% l‘Ki 187% St. 1.. AS.F.c. 30 29% 29% % Stewart A W... 44 45% 45% 43% Strom. Garb • 54% 33% 34 53% Studebaker ...121% 123% 124% 123 Texas G. A S.. 46% 46% 468, 46% Texas C. AO. . 29% 29% 29% 29% Texas Fo 49% 49% 49% 49% Texas A I*. ... 3.. 33 33 34 Toil. Prod 79% 76% 79% 76% Trans. Oil 19% 18% 19% 19% Fnlou Oil 23% 23% 23% 23% T'nlon Pacific .140 139% 140 139% United Drug .. 60% 79% 80% 76% r. S. R. S. .. 70% 69% 70% 09% C. S. C. I. P 34% V. S. In. A. ... 59% 59 59 58% F. S. Rubber . 64% 64Vi 64% 64% T\ S. Smelt. ... 45% 44 45 41% F. S. Steel ...104% 101% 101% 101 % F S. SF-el pfd..119% 119% 119% 119% Utah Fopper .. 66% 69% <58%, 68% Van. Steel 49 48% 48% 4,8% 'abash 13% 13% 13% 14% .'abash Ist pfd. 53% 33% ' 33% 33% 'Vest. Pacific .. 22 22 22 21% West. T'nlon .. 97% 07% 97% 97% West. Elec. ... 03 62% 62% 62% W. Overland .. 9% 9% 9% 8% White Oil 9% 9% 9% 9% Wilson & Cos. .. 44% 44% 44% 44% NEW YORK LIBERTY BONDS. —May 27 Prer. High. Low. Close. Close L. B. 3%s 99.96 99.94 09 96 09 96 L. B. Ist 4s 99 86 L. B. Ist 4%5... 99 90 99 90 99 90 99 92 L. B. 2d 4%5... 99.88 99 64 99 86 99 92 L. R. 3d 4%5.... 99 96 99 92 99 94 99 96 L. B. 4th 4%5., 99 94 99 90 99.94 99 98 Victory 3%5. ...100.02 100.00 100.00 100.00 Victory 4% 100.04 100.54 100.60 100.60

Stock Market Review

NEW YORK. May 27.—Friday’s new high In both the Industrial and railroad Issues, averages swept aside all doubts regarding the fundamentally bullish character of the market and stocks finished the week on the New York Stock Exchange today with a display of strength. Mexican Petroleum, Studebaker. American Tobacco and many other standard 1.-sues of the industrial group were carried into anew high ground for the year. Despite the fact that the average broke through the previous levels of resistance las: Monday, thereby giving a bull tip on the market after thirty-four days of fluetnation in a narrow trading range, dealings on the subsequent days wire characterized by hesitation and irregularity. This fact caused apprehension In the speculative community lest ihe performance of the averages might represent a double top movement. But this feeling was completely relieved by the market’s facility to show further advancing powers. The market closed strong.

Local Stock Exchange

—May 27 STOCKS. Bid. Ask Ind Ry. A Light com 57 Did. Ry. A Light pfd 78 ... Indpls. St. Ky 51 56 Indpls. N. W. pfd 61) indpls. A S. E pfd 60 T. IL, T. A L. pfd 75 T. H . 1. A E. com 5 T. 11.. I. A K pfd 15 t\ T. of In. com 1 F. T. of Ind. Ist 1 fil 9 31 V. T. of Ind. 2.1 pf.l 2 Advance Rurnely pfd ... Advat.ce Ruuiely com Am. Central l.ife 200 ... Am. Freosoting pfd 93% ... Belt. R K pfd 51 Belt R. It. con 59% ... Or.tury Bldg Cos. pfd 93% ... Citizens Gas Cos 22 21 Vi City Service com 232 237 Cay Service Cos. pfd 64 63% Dodge Mfg. pfd Home Brewing 48 ... ind. Hotel com 87% ... Ind. Hotel Cos. pfd 90 ind. Nat. Life Ins. Cos 2 Ind. Title Guarantee -30 Ind. Pipe Line 93 Indpls. Abattoir pfd 45 Indpls. Gas 45 Indpls. Tel. pfd Indpls. Tel. com 2 7 Uer. Pub. Ft 11. pfd 48 Nat. Motor Car C0....‘. 1% 4% I’ub. Savings Ins. Cos 8 Ranh Fert. pfd 47% ... Stand. Oil of Indian 110 111% sterling Fire Ins. Cos 7 Van Camp Hdw. ptd 7 Van Camp Hwd. pfd 90 Van Camp Prod. Ist pfd 100 Van Camp Prod. 2d pfd ... Vandalla Foal Cos. com 1 Vandalia Coal Cos. pfd 7 12 Wabash Ky. pfd 32% ... Wabash Ry. com 13% ... BONDS. Broad Ripple 5s 02 67 Citizens St. Ky. 5s 82 Indian Creek Coal A Mines 6g ... 100 Dkl. Coke A Gas lls 86 indpls. C. A S. 5s 91 ind ids. A Martinsville 55... 58 ... Indpls. A North. 5s 4’ Indpls. St, Ry. 4s 63% 68% Indpls. A N. W. 5s 53 56 Indpls. A S. E. 5s 40 Indpls., Slielbv. A 8. E. 55.. 70 ... T. 11., I. A E. 5s 64 Citizens Gas 5s 85 90 Indpls. Gas 5s 85 88 Kokomo, M. A W. 5s 87 90 Ind. Hotel Cos. 6s 100 Indpls. Water 5s 96 100 Indpls. Water 4%s 81 Indpls. T. A T. 5s 80 ... Indt>ls. 1,. A H. 5s 91 94 F. T. of Ind. 69 55 Mer. H. A L. 5s 09% 100% New Tel. L. D. 5s 97 New Tel. Isi 0s 97 South. Iml. Power 0s ... NEW YORK Si GARS. NEW YORK, May 27. -Raw sugar values were -strong in trading on the exchange here today. Culias were quoted at 4.23 c per pound, duty paid, while Porto Ricos sold at 4.25 c per pound, duty free, delivered. Refined sugars were firm, fine granulated selling at 5.5iME:5.00c and No. 1 soft at 5.45 c per pound. NEW YORK COFFEE. NEW YORK, May 27.—Coffee values were steady on the market today, opening options being 1 to 5 points higher. Rio No. 7, on spot, sold at 10%@10%c per pound. NEW YORK RICE. NEW YORK, May 27.—Rice was firm in trading on the exchange today, domestic selling at per pound. NEW YORK TERPENTINE. NEW YORK. May 27.—Turpentine was strong on the market here today, selling at 9V%c per gallon. CHICAGO PRODUCE. CHICAGO, May 27.—Butter—Receipts, 13.0<4) rubs; creamery extras, 34c; standards, 34(ii34%e; firsts, 30%(K33c; packing stock, 19i200. Eggs—Receipts, 43,000 cases; cu 'ent receipts, 23@23%c; ordinary firsts, 22ig>22%c; firsts, 24®24%e; ■ hecks, 211 to 2<>%e ; dirties, 2f1%(d,21c. Live Poultry—Turkeys, 25c; chickens, 24%c; springers, 3H(n440: roosters, 14c; gees*, 14<s26c; ducks, 22(g30c. CLEVELAND PRODUCE. CLEVELAND, May 27—Butter—Extra, 40%@41r; prints, 41%@42c; firsts, 1.9%@ 40e; packing stock, 16@18e. Eggs—Fresh. 29%c; Oh’o firsts, 25@25%c; western firsts, 25c. Poultry—Live £owl, 27@28c; roosters, 16c; t rollers. 40@43c.

INDIANA DAILY TIMES

RUTLAND STAGES SHARP ADVANCE Mart Tone Strong, but Republic Steel Closes at Loss. NEW YORK, May 27.—The stock market cloaed strong today. The feature of the late dealings was the sharp advance In Rutland preferred to 48%, an upturn of 6% points for the day. Republic Steel was In supply, falling over 1 point to 76. The tobacco issues continued In demand, Tobacco Products showing a gain of 3 points at 79%, and Ainerican-Suma-tra 4% points to 43. Studebaker yielded 1 point to 123%. United States Steel held steady around 101%. Government bonds were unchanged and railway and other bonds strong. Stock aales for the day totaled 622,200 ■hares; for week. 7.003,600 shares. Bond sales for the day totaled 000; for week, $51,000,000. (By Thomson A McKinnon.) —May 27. The stock market was not active today in all departments, but there were a sufficient number of strong issues aud ; tho volume was sufficiently large to j maintain that same bullish appearance 1 tlmt we have hud in the stock market j for many months. The tobacco shares attracted most at- ! tention, with the oil group next in iw--1 portance. These two groups have always been fruitful sources for bullish eni thusinsm. Both appeal to the imagina- : tlon and have always played an important ; part In every big market. Commercial, as well as political, developments have been In the main satls- , factory. There will be many references 1 in the near future to the railroad wage ■cases that are sending and ninny anticipate further adjustments that will tend to equalize the recent freight rate ! reductions. The acceptance of a wage reduction at New England shoe factories, to tie followed by resumption of operations should have a favorable effect in speeding a settlement of the strike at the cotton mills. • Reports from steel mills are satisfactory, and Jobbing prices of steel products have again been advanced. The bankers’ conference In Europe may prove to be a bullish argument In the near future. But the principal Incentive for future operations should come from Increased corporate earnings and ultimate dividend resumptions, as well as Increases. With sentiment bullish as It Is, the natural tendencies to over extend long accounts and this makes it necessary to pursue a conservative course. TWENTY STOCK AVERAGES. NEW YORK. May 27.—Twenty indnstrlal stocks Friday averaged 95.05, up I .39 per cent. Twenty active rails averaged 86 33, up .67 per cent, CLEARING 1101 SE STATEMENT. NEW YORK, Mav 27 Exchanges, $731,300.000: balances. $65.00,000: FcWm] Reserve Bank credit balances, $40,200.000.

Money and Exchange

Indianapolis bnnk clearings Saturday wore $2,535,000 and for the week ending Saturday $16,722,000. Bank debits Saturday were $4,629,000 and for the week end mg Saturday $29,920,000. NEW YORK, May 27. - Demand Sterling was a Shade lower In trading on the for- | eign exchange market here today, being j quoted at $4 45. whereas it was quoted at $4.45 1 10 on the market of the previous day Franc catiles were 9.11 c; checks, 9.10%e, Lire cables were 5.24'0c; checks. 5.24 c. Belgian franc rabies were 8.42%e ; checks. 8.42 c. Marks remained at ,0034%c. Guilder cables were 38 95c: : chocks. 28.90 c. Swedish kronen cables were 25.85 c; checks, 25.80 c. Norway kronen cables were IS “0c: checks, 18.15 c. Denmarks kronen cables were 21.85 c; checks. 21.80 c. NEW YORK BANK STATEMENT. NEW YORK, May 27,—Average—Loans, Increased, $42.318,iV>; demand deposits, Increased, $26,007.00*1; time depos’ts. In creased, $2,802,000; reserve, decreased, $12,691,900. Actual—Loans, increased, $9,. 106.(100; demand deposits. Increased, $15.181,000; time deposits, decreased. $1,060,000; reserve, increased. $13,101,u90. MOTOR SECURITIES. (By Thomson A McKlnnou) —May 27—Closing— Bid. Ask. Karl Motors —. 3% 4% Packard com 14% 15% Packard pfd 89% 90% Peerless 46% 47% Continental Motors rom 8% 8% Continental Motors pfd 89 91 Hupp com 20% 21 Hupp pfd 98 li Keo Motor Far 26 26% Elgin Motors * 2% 3 Grant Motors % % Ford of Canada 373 3so National Motors 2 5 Federal Truck 19% 21 Paige Motors 21 22 Republic Truck 9% 10% ACTIVE OIL STOCKS. (By Thomson A McKinnon.) OpeningBid Ask —May 27. Anglo-American Oil 2<v% 21% Borne-Scrymser 360 380 Buckeye Pipe Line 97 99 Chcsebrough Mfg. Cons 190 200 Continental Oil. Colo 140 142 Cosden Oil and Gas 5 H Crescent Pipe Line 35 38 Cumberland Pipe Line 135 145 Elk Basin Pete 9% 9% Eureka Pipe Line 05 OS Galena-Signal Oil. pref 100 105 Galcnn-Slgnal Oil, com 54 57 Illinois Pipe Line 177 "83 Indiana Pipe Line 04 OH Merritt Oil 12% 13 Midwest Oil 2% 8 Midwest Rfg 200 National Transit 21) 30% New Y’ork Trunslt 17..5 IKII Northern Pipe Line 107 109 Ohio Oil 310 320 Penn. Mex 36 38 Prairie Oil and Gas 610 620 Prairie Pipe Line 214 247 Sapulpa Refg 4% 4% Bolar Refining 350 370 Southern Pipe Line 100 104 South Penn Oil 215 225 Southwest Penn Pipe Lines..6o 65 Standard Oil Cos. of Ind 114% 115 Standard OH Fo. of Kan 560 SKO Standard Oil Cos. of Ky 94 01% Standard Oil Cos. of Neb 100 200 Standard OH Cos. of N. Y 407 413 Standard Oil Cos. of Ohio ....400 4KO Swan A Finch 30 40 Vacuum Oil 420 440 Washington Oil 20 30 CHICAGO STOCKS. (By Thomson A McKinnon.) —May 27 Open. High. Low. Close. Am. Ship 81 Arm.Co. pfd.... 97% cc a cßys.pfd 7% ;■* •;;; C. El. Rys. pfd. 8% Cudnhv 65 ‘ Com. Edison ...lt% 131 130% 131" Eari Motors.... 4% 4% 4% 4% Libby-McNelll .. 2% 2% 2% 2% Mont. Ward 24% 24% 24 24 Pick ACo 27 .... ..... PlgglyWiggly A 47% 48% 47% 47% Quaker Oats.... 96% Reo Motor 26% 27 26% 26% Stew. Warner... 44 44% 41 44 Swift A Cos 103% 103% 103% 103% Swiss Intel 20% 20% 20 'M% U. Car.ACarbo 67% 58 67% 67% Wahl 61 64% 64 64% Wrlgiey 192 Yellow Taxi 76 70 75% 75% NEW YORK WOOL. NEW Y’ORK, May 27.—W00l prices were again firm on the market today. Domestic fleece, XX Ohio, was quoted at 38(ft.50c per pound; domestic pulled, scoured basis, at 50c@$l and Texas domestic, scoured basis at 60e(g51.15. NEW YORK HIDES. NEW YORK, May 27.—Hidea were firm on the market today. Native steer hides were agnln quoted at 14%c per pound and bsanded atcer hides at 13%@14c. NEW YORK PETROLEUM. NEW YORK, May 27.—Petroleum prices were steady in trading on the market here today, Pennsylvania crude oil being quoted at $3.25 per barrel.

SWINE 5 TO 10 CENTS HIGHER Speculators Only Cattle Buyers—Veals 50 Cents Up. RANGE OP HOG PRICES. Good Good Good Msy Mixed. Heavy. Light. 20 . slo.Bo@ 10.90 $10.70010.80 [email protected] 22. 10.75010.85 10.65010.75 10.85®10.90 23. 10.65010.70 10.50010.65 10.70010.75 24. 10.60010.70 10.50010.60 10.70 25. [email protected] 10.65®10.80 1085010.96 26. 10.70010.75 10.50010.70 10.80010.85 27. 10.50010.85 10.65010.75 10.85010.95 Swine prices were 5 cents to 10 cents higher In trading on the local live stock exchange today, despite heavy receipts at around 8,0.0. There were good orders in the hands of shippers and packers also displayed fair demands. Trading was of a brisk nature, and practically all of the receipts hud been sold before the close of the early forenoon hours. There was a top of $10.95 on light swine, while the. bulk of that grade brought slo.S6fn 10.90. Mixed and mediums brought $10.76®10.85. There were no heavy hogs on the market to amount to any thing. Roughs were also In good demand and sold at $9.50 aud down. Stags brought stl.so@s, according to the quality. Figs brought [email protected] generally, but there were a few sales at the price of the loads. The bulk of the sales for the day ranged at [email protected]. Cattle receipts were extremely light, and speculators were the principal buyers. Prices ruled steady to strong. Receipts for the day ran close to 200. Veals were strong to 50 cents higher, with receipts close to 600, the quality fair to good and the shipping demand brisk. There was an sll top of good to choice veals, and there was a fair number of sales at this price. Sheep and lanib values were sharply lower despite light receipts. The quality was good, but the demand was extremely slow. HOGS. 100 to 180 lbs. average $lO [email protected] Over 300 lbs 10.65 150 lbs. to 300 lbs [email protected] Best pigs, under 140 lbs [email protected] Top 10.95 Roughs 0 00@ 9 50 Stags 6.50@ 8.00 Bulk of sales [email protected] -CattleFew choice steers 8.25® 8.50 Prime corn-fed steers, 1,000 to 1,800 lbs 7.85@ 8.25 Good to choice steers, 1,200 to 1,300 lbs 7.50@ 7.75 Good to choice steers, 1,100 to 1,200 lbs T.OOQ 7.25 Good to choice steers, 1,000 to 1,100 lb 6.503 7.00 Common to medium steers, 800 to 1,800 lbs 0.003 6-50 —Cows an.il Heifers— Few choice heifers 875 Good to choice heifers 8.003 8 75 Medium heifers 7.s>Kt{ 7.85 Common to medium heifers . 6 7.25 Good to choice cows 6.2594 't.25 Fanners 3 00@ 4.00 Cutters 2.753 LuO —Hulls— Fancy butcher bulls 6.503 6-25 Good to choice butcher bulls.. 5.25(J 0.00 Bologna bulls 4.003 4 75 Light bologna bulls 3.753 425 Light common bulls 3.5u3 3.75 —Calve*— Choice reals in.WMJII.OO Good veals in. 00310 50 Medium veals * 9.003 0.50 Common to heavyweight veals 7.503 8.50, Lightweight veals 7.003 7.50 —Stockers and Feeders— Good to choice stci-rs under 800 lbs 3.853 7.35 Medium cows 2.503 4 50 Good cows 4 503 5.00 Good heifers 6.003 7.50 Medium to good heifers 4.75'*4 0.00 —Sheep uml Limbi— Cull ewes 200 Good to choice ewes 2.003 4.50 Bucks 2 003 3.30 lcariings 8 00311.00 springers H181315.O) Buck lambs 4.503 5.5 u, Fulls 2.00'3 o.oib

Other Livestock

CHICAGO, May 27.—Hogs—Receipts, Ss(m, market steady to P'e higher; bulk of sales. $10.45(0, R*.9"; top, $11; heavies, sloos@i ft 85: uio.liuins, $lO soil 10 no. lights. $lO s.- M ( lolt.j; light lights, sld 2.V,fi los'o; heavy packing sous, smooth, sll 50 hi 10: packing sows, rough, $1)25(39 60: pigs. sl* 2.V„ !o .".o. Cattle—Receipts, .100 ; market steady. .Sheep and lambs —Root ipt*, 3.0(h); market steady. CINCINNATI, May 27,—Hogs—Re rs-ipts, 2,700; market, steady to 10 cents lower; Ivitvies, mixed and mediums. $10.90 (n 11; roughs, sl*: stags. s.*> 73. Cattle Receipts, 300; market, steady generally; bulls, steady: calves. $lO. Sheep and lambs—Receipts. 1,500; market, steady; ewes. $1410: ehoice lambs, $16(310.50; seconds, $1141.12.30; culls, ss@9. EAST BUFFALO, May 27. Hogs ■Rceipts, 6.000: market, steady generally; mixed and butchers. sl.o.7fl@K*.Bi>: good heavies. sl(uls@ 10.75; roughs. $9.15 @9.2.'; lights, $lO.75((tl0.SO; pigs. $10@,10,5; bulk or sales, $ 10.70® 10.80. Cat tie-Receipts, 250; market, steady; native beef steers, sx.so@9; yearling steers and heifers, $8.004*3.13; cow a, $1(0,0.23; Stockers .and feeders. [email protected]; calves. [email protected]. Sheep and lambs -Receipts, none; market, nominal. CLEVELAND, M.ay 27—Hogs—Receipts, 2,300; market steady: yorkers, mixed, mediums .and pigs, $11.25; roughs, $8.50; stags, $3.50. Cattle Receipts, 200; market steady; good to choice steers. $8 (a 8.83; good to choice heifers. $04?7: good to choice cows, $5 500,0.50; fair to good cows. $4.50@5 50; common cows, $:i4(,4 ; good to choice bulls, $04(7; milkers, $35@75. Sheep and lambs—Receipts, 5(H); market slow; top, $13.23. Calves —Receipts, 200; market steady ; top, $11.30. SIOUX CITYY, loavn, May 27.—TTegs— Receipts, 7.500; lights and medium butchers. active and strong; heavy and mixed and packing grades, 10c to 15c lower; range of sales, $0,754(10.50; bulk of sales, $10(310.45. Cattle -Receipts, 2,000; markels steady; compared with week ago, fed grades all weights, steady; grassers and stock cattle, 25@50c lower. Sheep - Receipts, none; market, compared with week ago, 25 cents to $1 higher; lambs, 50c to $1 higher generally; heavier grades, 25c higher. EAST ItCEFALO. M.ay 27.—Hogs—Receipts, 1,000; market, slow; yorkers. sll.-10; pigs, $11.50 and nvn; mixed, $11,204$ 11.40; lieavies, $1141.11.25; roughs, $909.25 ; stags. $3,504(0. Cattle—Receipts, $100: market, active; shipping steers, $8.25(3 8.75; butcher grades, $7.25(35.50; feeders. *6 @7; heifers, $5.50(37.75; cows, s2@ (5.50; bulls, $1415.50; milk cows and springers, $4041:130. Calves- -Receipts, 100; market, active: cull to choice, $1,304$ 12.50. Sheep and lambs—Receipts, 200; market, active and steady generally; choice lambs. $16@17: cull to fair lambs, $104(15; yearlings, $00.18; sheep, $34(8. PITTSBURGH, May 27. Hogs—Receipts,, 1.500; market, 5 cents higher; prime heavies, $11.154? 11.20; mediums. $11.10ig11.45; heavy Workers, $11.404£ 11.45; light Yorkers, $11354011.65; pigs, $11.50 down; roughs. ss@i); stags, s3 4s 5.25; heavy mixed. $11,254(11.23. Cattle— Receipts, 100; market, steady; choice, $.8.75(01); prime, $.8.504?.8.75: good, sß4s 8.50; tidy butchers, $7,504(8.25; fair, $6.50 <37.25; common, $54(6.50; common to good fat bulls. $347 6.30; common to good fat cows, .V1.504f6.50; heifers. $5.50(37.75; fresh rows md springers, $35*3,75; veals, $11.50; heavy and thin calves, SS4JB, Sheep and Lambs Receipts, 300: market. | steady; prime welh'-rs. $7,255(7.75; good mixed, $6,254(7; fair mixed, $54j6; mills and commons, $24?4; choice lambs, $12(3 12.50; springers, $15.50(3.! 16. WHOLESALE BEEF PRICES. The following are today's wholesale prices for beef ruts as sold on (ho Indianapolis markets of Swift & Cos.? RibaNo. 2,17 c; No. 3.14 c. Loins—No. 2,23 c; No. 3.19 c. Rounds— No. 2. 15c; No. 3, 14c. ChackB —No. 2. 10c; No. 3,9 c. Plates —No. 2,7 c; No. 3.6 c. HAT MARKET. The following are the Indianapolis prices for hny, by the wagon load, delivered In Indianapolis; Hay—Loose timothy, slß<g2o; mixed hay, $18(319; baled hay, slß@l9. Oafs—New, per bushel. 42(jj45c. Corn—Both old and new, per bushel, 63 (368 c. WAGON WHEAT PRICES. Indianapolis flour mills and elevators yesterday were paying $1.25 per bushel for No. 1 red winter wheat; $1.23 for No. 2 red winter and according to teat for No. 3 red winter.

MAY WHEAT AGAIN SUFFERS DECLINE Other Wheat Quotations Are Up—Corn and Oats Weaken. CHICAGO, May 27. —Th decline in May wheat continued on the Chicago Board of Trade today, with heavy liquidation by local professional traders. Other wheat quotations were higher. Corn and oats were weak, in sympathy with the lower May wheat prices. Provisions were higher. May wheat opened down l%c at $1.25% and closed off lc. July wheat opened off %c at $1.22% and closed up %c. September wheat opened off %c at $1.18% aud closed up %c. May corn opened up at 60%c and closed off %c. July corn opened at 63c, down %c, and cloaed at that figure. September corn opened unchanged at 05%c and closed off %c. May oats opened off %c at 37c and closed down an additional %c. July oats opened unchunged at 38%c and closed off %c. September oats opened up %c at 40c and closed off %c. (By Thomson A McKinnon). —May 27Wheat—The quite favorable outlook for United States crop of winter wheat is probably responsible, to a great extent, for the Indifference of foreign buyers today. The amount of export business being done is unimportant and lurgely for deferred shipment. English parcels markets are characterized as slow. The milling demand here at home is by no means brisk, although it Is again claimed that inquiries for flour are being recelV&d from bronder territory. Competition of May contracts lu the Chicago market is proceeding In a liberal way, deliveries, so far this rnontn, having been very heavy. It is commonly believed that Monday and Wednesday of next week will see liberal receipts and deliveries. Belated liquidation of May holdings is going on with hedgers the principal buyers. Broomhalls figures of total woilj shipments for the present year, as compared with the previous, display liberal absorption by importing countries and very naturally suggest a like condition the coming year. It Is this belief in Europe’s future needs that keeps the market firm, despite the present very poor demand for old wheat and good crop prospects. We are inclined to expect a relatively steady market under the existing conditions. Corn and Outs—There is a fair export Inquiry for oats in this marker, tint buyers specify thirty-six-pound oats, which are not to be had In any quantity. The domestic demand is not large enough to keep prices advancing; in fact, current receipts were relatively easier today. Northern lake ports nro supplying the export demand for corn, but supplies in that territory are becoming denned up, something that the seaboard demand will n-appeur in this market within time. Both corn and oats have an undercurrent of firmness, but there is no immediate reason for expecting higher prices. Frovislone—Sentiment lu the provision list is divided, depending upon the fu ture movement of hogs. In view of the good cash trade In the past It would seem that uny increased receipts oif hogs would uncover a good shipping demand. There are very few hedging bales coming upon the market. CHICAGO GRAIN TABLE. —May 27 WHEAT— Open. High. 7<ow. Close. May.... 1.25% 1.27% 1.24% 1.24% July 1.22% 1 23% 1.22% 1.22% S“pt 118 118% 1-18 1.19 CORN May 60% .61 .60% ;0% July 63 372% .02% .63 Sept 65% .60 .65% .65% OATS— - May 37 .37% .307* .3674 July 38% .38% .38% .38% Sept 40.40 .39% .39% P< ’ll K •May 26.50 LARD—•Mav 11.32 July 11.45 11.45 11 42 11.45 Sept 11.75 11.75 11.70 11.70 it i BS •May 13.r0 July 11.92 11.90 1183 11.85 •Sept 11.75 RYE - Mav 102% 1.02% 1.00% 1.00% July 1.02% 1.02% 1.00% 101% Sept 95% .I*6 .03% .90 •Nominal.

CHICAGO CASH GRAIN. CHICAGO, Mav 27.—Wheat—No 2 red. SI 26\ : No. 2 hard winter, $! 2*>4f 127 : -No 3 mixed, $118; No 3 hard winter, :$1 22 ",. C-.m—No. 2 mixed, tU l ',4t*il\c ; No 2 white. 62c: No. 2 yellow, til \i 62,-; No. 2 mixed, 6<i\4fGlo; No. 3 white, 61'jc; No. 3 yellow, 61c; No. 4 yellow. OOLc. Oafs—No. 2 white. 3947 42c: No. 3 white, 3744.39 c . No. 4 white, 30<tr.3S>c. PRIMARY MARKETS. (By Thomson & McKinnon.) —May 27 RECEIPTS. Wheat. Corn. Oats. St. Joseph ... 14. 'M' 38,000 10.000 Chicago 454,000 486,000 288,000 Milwaukee ... 4.000 68,000 91.0(H) Minneapolis .. 247.000 90.000 5*3,000 Duluth 107,000 4.000 14,000 St Louis .... 89.000 75,1NK) 102,000 Toledo 4.000 8,000 6.000 Detroit 4,000 4.000 2.000 Kansas City . 211.000 76.0(H) 14.00 Peoria 2,000 61.0(H) 72,000 Omaha 16.000 l'B.ooo 68,000 Indianapolis . 4,000 48.0(H) 62.000 Totals 1.156,000 1,006,000 812,000 Year ago .1.2(>1.00rt 1.4riu.000 797,000 SHIPMENTS. Wlicat. Corn. Oats. St. Joseph ... 10,000 39.000 Chicago 26.000 48.0(H) 89.0(H) Milwaukee ... 16,(H>() 16.000 117.0 CH) Minneapolis .. 112,000 87,000 123.000 Duluth 337, (FH> 150.000 St. Louis 88.000 132,000 09.004) Toledo 11.000 12,000 Detroit 4,O(H> 4,t4>0 Kansas City . 155.000 SO.OOO 20.000 Pm.rta 8.0 h) 60.009 50.'00 Omaha 145,0(H) 171.000 88,000 Indianapolis 14,000 12,000 Totals 909,000 552,000 770,000 Year ago .. 719.0(H) 764,000 356,000 CLEARANCES. Wheat. Corn. Oats. New Tork 85.000 Boston 43,000 Philadelphia . 104,000 124,000 Baltimore 104.000 Totals 104.0(H) 271,000 SS,(KX) Year ago ... 417,000 283,000 7,000 INDIANAPOLIS CASH GRAIN. —May 27 Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Steady; No. 2 red, $1.32(31.85. Corn—Steady: No. 3 white, G4(gSsc; No. 4 white, 03@64e; No. 3 veliow. 04‘-j (?/6tc: No. 4 yellow, [email protected]: No. 3 mixed, 02(0.03Vic; No. 4 mixed, 01 @62Lie. Oats —Steady: No. 2 white, 4U(j3;4lXic; No. 3 white, 39y,(&40%c. Hay—Steady: No. 1 timothy, $19.50(0! 20; No. 2 timothy, $19(319.50; No. 1 light clover, $15.50@19; No. 1 clover, $20(321. —lnspections Wheat —No. 3 rod, 1 car. Corn —No. 1 white, 1 car; No. 3 white, 1 car; No. 4 white, 3 cars; No. 5 white, 2 cars; No. 6 white, 4 cars; No. 1 yellow, 2 cars; No. 2 yellow, 5 cars; No. 4 yellow. 1 car; No. 5 yellow, 3 cars; No. 6 yellow. 9 cars: sample yellow, 3 cars; No. 2 mixed, 1 car; No. 5 mixed. 2 cars; No. 6 mixed, 1 car; total 38 cars. Oats—No. 1 white, 1 car; No. 2 white. 3 cars; No. 3 white, 23 cars; No. 4 while. 1 car; No. 3 mixed, 1 car; total, 29 cars. BOARD OF TRADE BTATESIENT. The weekly statement of the Indianapolis Board of Trade showing the output of flour by local mills. Inspections for the week and stock in store, follows; COMPARATIVE STATEMENT. Output of Flour— Bbls. Nov. 27, 1922 8,238 May 26, 1922 7,870 May 28, 1921 3,285 May 29, 1920 7,331 —Bushels— Inspections for Weok— 1921. 1922. Wheat 25,000 1,000 Corn 213.000 60.000 Oats 292.0(H) 110,000 Rye 10,000 Hay—B cars. STOCK IN STORE. Wbpat. Corn. Oats. Eve. May 27. 1022.. 81.000 238,000 130.000 1.000 May 28, 1921.. 46,730 212,110 166,990 8.500 May 29, 1920.. 90,680 328,050 100,620 6,640

Weather

Tho following table shows the state of the weather at 7 a. m. May 27., as observed by U. S. YVeather Bureaus: Station. Bar. Temp. Weather. Indianapolis, Ind... 30.12 61 Clear Atlanta, Ga 20.96 63 Cloudy Amarillo, Tex 29.90 62 Clear Bismarck, N. D. .. 30.18 64 Clokidy Boston, Mass 30.30 48 Cloudy Chicago, ill 30.22 56 FtClrty Cincinnati, 0 30.06 66 PtCldy Cleveland, O.; 30.13 60 Clear Denver, Colo 30.08 56 Cloudy Dodge City, Kan... 30.02 04 PtCldy Helena, Mont 30.42 40 Rain Jacksonville, Fla.. 29.96 70 Cloudy Kansas City. M 0... 30.00 64 Cloudy Louisville, Ky 30.04 66 PtCldy Little Rock, Ark... 29.94 68 Cloudy Los Angeles, Cal 29.88 5S Clear Mobile, Ala 29.92 68 Rain New Orleans, La... 29.92 72 Rain New York, N. Y 30.14 56 Cloudy Norfolk, Va 29.06 70 Rain Oklahoma City.... 29.86 70 PtCldy Omaha, Neb 30.10 64 Cloudy Philadelphia, Pa... 30.08 CD Cloudy Pittsburgh, Pa 30.10 00 Clear Portland, Or° 30.28 48 Clear Rapid City, S. D... 30.16 58 PtCldy Roseburg, Ore 30.18 38 Clear San Antonii, Tex.. 29.94 70 Clear San Francisco, Cal. 29.94 54 Clear St. Louis, Mo 30.02 68 Clear St. Paul, Minn 30.28 00 Clear Tampa, Fla 29.96 70 Cloudy Washington, D. C.. 30.00 64 Cloudy WEATHER CONDITIONS. Since Friday morning sln>wers have fallen from the Missouri Valley eastward and southward, and the rainfall was heavy In a number of places in Indiana. It Is a little cooler in the Lakes region and adjoining sections, but as a rule the temperature change* have not been decided over large areas elsewhere. Temperatnres continue below normal generally In the western highland region, with frost* last night from southern Idaho over Utah and Nevada. CORN AND WHEAT BULLETIN. For the twenty-four hours ending at 7 a. in., Saturday, May 27, 1022: ieuj4>er-| 1 •ture. j_• I Stations of .1 4 , . 3'c* 1 Indianapolis S'! % ►> District. P'S ! SiflaaCi £“ > ■‘Si'?: 5 South Bend .... 75 j 50 : 1.45 i Fair Angola I 72 !47 0.75 Good Ft. Wayne I7oj 50 I 0 ; Wbeatfleld ;69 53 I 0 [ Good Royal Center ..! 78 i54 j *> Good Marion s 81 i 53 1 1.00 j Good Lafayette 79 50 I 0.15 j Good Farmland 80 | 54 . 0.10 : Good Indianapolis | 82 | 60 j 0.59 Good Cambridge City.; 82 •: 58 ! 0.33 Good Terre Haute 84 64 I 0.18 ! Bloomington : S4 j 62 i 0.55 Good Columbus 'sß : 62 ! 1.90 Fair Vincennes 86 63 1.63 Soft l'aoli 81 65 j 0.03 Slippery Evansville S6 , 64 i 0.10 i J. H. ARMINGTON. Meteorologist, Weather Bureau.

In the Cotton Market

NEW Y'ORK, May 27—The cotton market opened active and strong today, first prices being 12 to 23 points net \ higher. Thero was heavy covering by July shorts. The new crop months were bought on prospects of raiu over Sunday. Wall street houses took profits. The list eased off a few points after, the opening. New York cotton prices: June. 20.70 c ! bid; July, 20 9-V; August, 21c; October. 20.00 c; December, 2".5Uc; January, 20.28 c; March, 20.1(16. The cotton market was steady lu the late dealings, closing at a net advance of 5 to 19 points. COTTON FUTURES. Upon. High. Low. Close. 1 January 20.2.8 20.35 20.20 20.20! March 20 10 20.23 20.08 20,0s July 20.95 21.09 20.87 21.00' October 20.65 20.73 2**56 20.03 December 20.50 20.53 20.3S 20.45 —Cotton Review— NEW YORK. May 24.—Thero was a continuation of the buying movement in • the cotton market today although there' was an absence of any new development!!. : The impress., in now is strong that the' coming Government report will confirm the numerous private reports that have 1 been issued, and that it will show a con-' dition well below the average, thus crenf- ! ing a basis for bullish calculation as to! the ultimate outturn. It is well, however, to hear in mind that the coining month of June may; change sentiment t-* some extent, as it ' is the period of the year when the South enjoys the most favorable weather. Because of this, it is advisable to tnke| advantage of the present strength to no- j ci-pt profits on long cotton aud be better prepared to take advantage of June re-, cessions in anticipation of later crop 1 scares. Feigns Toothache to Secure Money LONDON. May 27.—How a Geneva woman made a comfortable living for three years by feigning toochaobe Is described by the Geneva newspapers. With her head wrapped In bloodstained j bandages and simulating terrible pain, i she used to call on likely victims to beg them to help her out of her agony. "I have just been to the dentist.” she would say, “but I have left my purse at home, ami he won’t take my tooth out unless I pay.” Nine times out of ten the strategem succeeded, every quarter of Geneva being systematically exploited. When she was arrested,'the woman was still wearing bandages. “Well,” she exclaimed in triumph, “it's been an easy living! The people were all such fools.'”

Please Note — Our Growing Business ITas Made Necessary the Removal of Our Office to 124 East Market Street GROUND FLOOR UNION TRUST BUILDING At Which Address We Will Be Located On and After May 29th, 1922 Columbia Mortgage & Securities Cos. BEN SAGALOWSKY, President. M. HOROWITZ, Treasurer 124 EAST MARKET STREET Circle 7977—PHONES—Circle 7976 Real Estate, Mortgage Loans, Commercial Paper, Insurance

To Holders of 8 Per Cent One-Year Collateral Gold Notes of Citizens Gas Cos. Notice Is hereby given that the following notes of the abovnamed Issue have been drawn for redemption, and will be paid by the Indiana National Bank, trustee, on June 15, 1922: 4 41 109 156 192 270 6 42 113 159 209 278 7 43 136 166 232 277 9 44 143 171 239 285 10 45 144 172 240 280 13 65 145 173 242 289 14 59 146 175 244 291 15 65 150 178 245 293 32 83 151 179 246 294 35 107 152 182 255 299 37 108 155 183 268 CITIZENS GAS COMPANY By J..D. FORREST, Secretary.

TAKING FINGER PRINTS SIMPLE BY NEW SYSTEM Life Term. Prisoner at San Quentin Is Inventor of Method. SAN QUENTIN, Cal., May 27.—From behind the walls of San Qnentin prison has come a solution of a problem which has baffled experts the world over ever since the first Introduction of the finger* print system of identification. It is a single impression system—* simplified method which would make It possible to Identify each one of the earth's millions of Inhabitants without leaving a shadow of a doubt. The inventor is Walter C. Crosskey, an Englishman, sentenced to life imprison* rnent for the slaying of a San Frandsco saloon keeper under the name of 2. J, j Waiters. [ Crosskey did not allow Imprisonment to embitter him. Instead he set about Improving the condition about him. He became the first Instructor of a class in psychology in the prison. Desire for mental stimulation caused him to request assignment to the prison Bertillon room. Here he began a study of identification and learned through the Journal of the Royal Society that experts were seeking to devise a system of single fingerprint classification. ! He spent fifteen months of Intensive study on the subject and finally perfected his system, which has met with the approval of the experts to whom it has been submitted. Crosskey is now securing patents on his system in all countries and has completed a book describing it. Crosskey says his sytem will revolutionize the science, and its adoption by banks, business houses, insurance corns panie, railroads and other institutions doing a business where personal identification is necessary, Including passport and election bureaus, will minimize such frauds as check forgeries, incendiarism for gain, teket scalping and the like. Positive identification by telegraph will likewise be made possible, he asserts, and overshadowing all these advantages, it wiil afford a basis for character reading w hen a child is young, enabling the propsr cultivation of traits, characteristic and gifts and the shaping of careers. As proof of the simplicity of his system, Crosskey claims that 5,000 records could be filed in a cabinet a yard square by six feet high. Y. W. C. A. Approves Powder and Rouge CHICAGO, May 27.— The Y. W. C. A., long the stronghold of feminine demureness, at last has succumbed to the modern trend and given at least tacit approval to the statement that a little lipstick r.ow and then doesn't harm the best of girls. For Mrs. Marie Baird, beauty expert, was not only given the permission to explain the use of cosmetics, but gave a demonstration of tbe correct method of “daubing it on” in the industrial service center of the “Y.” But the best complexions come from exercise and steady living, asserted Mrs. Baird. However “Artificial aids to beauty are all right if used and not abused," the beauty practitioner assured. After which she showed how to “paint the lily” scientifically. “Put it on right the first time and it will last all day,” she demonstrated. “And always put the powder on over your rough.” Start Campaign to Stop Lamp Breaking CHICAGO, May 26.—Kids may think it's fun to hurl stones through street lamps ‘or break them with their air rifles, but—“lt's dangerous vandalism and wasteful,” pupli3 in the Chicago schools aro warned. Last year it cost Chicago $60,000 to replace 6treet lamps broken by mischievous boys, according to George E. Carlson, city commissioner of gas and electricity. A campaign now is under way in the schools here to stamp out intentional breaking of lamps. In addition to more usual methods, art posters cautioning against tho practice will be designed by pupils, and the best ones are to be exhibited at the Art Institute this manth. CHAUFFEUR WINS $95,00*1. WEYMOUTH. England. May 27. Though relatives of the testator fought the will in which Barron Russell left $95,000 to his chauffeur, Donald Haldane, the latter won and will get the full bequest. MOTHER OF TREMIERS. TERTH, West Australia, May 27. The little coastal village of Bunbury has produced three West Australian Premiers—Sir James Mitchell, Sir Newton Moore and Lord Forrest.

15