Indianapolis Times, Volume 35, Number 18, Indianapolis, Marion County, 1 June 1922 — Page 10

10

STOCK MARKET SHOWS DEGREE OF ACTIVITY Sharp Advances Made by Several Shares After Weird Opening. SUGAR TREND IS UP Special to Indiana Daily Tim* 1 * and Philadelphia Public Ledger By MONITOR. NEW YORK. June I.—ln srite of' numerous cross-currents, the stock market opened up with a fair display of ac- ! tlvtty after the holiday and with the; exception of the rails, the undertone was j marked by considerable firmness. Sharp j advances were made by the sugar j shares, some of the steels., oils and to- : bacto stocks. The motors were Irregti- : lar and this group was under pressure 1 after an early display of strength. Railroad stocks were rather freely ! sold throughout the entire session. This, tendency was perfectly natural in viewj of the Supreme Court decision In the • case of Southern Pacific and Reading, j In addition to this, the evident inten- ; tion of the railway labor unions to op- | pose contemplated wage cuts gave oeea- ‘ Binn from some uneasiness. A railroad j strike coining at a time when the coal ; strike gives no indication of a break is j hardly a pleasant prospect for the hold- j ers of railroad stocks. Strength in the sugar stocks may be j accepted as a reflection of the rise in i sugar prices to anew high level. Some j fears are expressed regarding the Cuban i yield this year, owing to the <lry weather j in the western part of the island. The Inventory position of the leading sugar refiners would be greatly strengthened by • further advances in the commodity. Mexican Petroleum sold at anew high ' level for the present upward movement,: although it closed two points below the' extreme high for the day. Other features j of strength among the oils were the Pan- j Americans, General Asphalt, Phillips and California Petroleum. Standard Oil! shares were down. Among the strong specialties were ; United States Food, Austin Nichols. American Cotton OH. Worthington Pump. Coca and Postum Cereal. The weekly review of the Iron Age noted a further improvement In condi- j tions, with production maintained a; ; more than 70 per cent of capacity. There : is a disposition to he,ld up shipments. 1 owing to the fact that freight rates are ! made effective July 1.

WALL STREET GOSSIP

By MONITOR NEW YORK. June 1 • —-The entire sugar group was strong and assumed a manding position in the industrial list yesterday. The general situation in the sugar industry is much better, and. with practically all of the large Cuban producers having completed the making ot their current crop the main actuating influence in the market will be maintenance of the seasonal consumption rate. JVlth the total output of the Cuban : curtailed by drought on the roast, this outlook is considered especially K||Bt summer is the in ti.e ?.,_mr trad-.-. H and Rep-;’.’,;.- >• on g-n-r.-.l that the -I BVis so near t may he exp of Mack Truck. Incorporated.! Is based on the steady improvement in earnings, and, while the March report , Is the latest Issued, this showed net 1 earnings in excess of $300,000. and it is considered probable that April and May will be even better. The Southern Pacific Central collateral trust 4's failed to hold the hiuh levels obtained in Monday's market and broke below 8S In the early trading, off about 6% points from Monday's high. Activity in Reading was a direct reflection of the Supreme Court decision rendered Monday amending previous d-- > cislons and giving first and s<s*ond preferred stockholders equal rights with common stockholders in the distribution of the subsidiary coal propi-riti- < ■: the j Reading system. Reading common was offered in heavy blocks all day, and apparently much of the selling emanated from Philadelphia. The common stock broke 5% points, un-l- r this pressure. While, at the same time, the first preferred gained 2% points and rlie sec- j ond preferred gained 1% points. Wall Street is not unite clear a tot what shotld be considered a logical ending of the Southern Pacific--* 'entrai I'.'t clflc decision. Inasmuch ns Central Pacific was grouped with Southern I acifle in the Ripley •'plan" and as th • trans portatlon act has certain superior rights to the Sherman act. there is nn inclination in some quarters to expect at- tip- i plication by .southern Pacific to retain Central Pacific as a consolidate*! line, i On the other hand, it is l>*-lieved that in the event of liquidation of Central Ih.cifi, , j Southern Pacific stockholders should j share in the proceeds. Retail Stores sold oiT below 68. fol- ; lowing the formal announcement <*f th--Retail Stores-Tobacco Products merger. This selling was n*>t based on any dis i satisfaction over the terms of th** plan \ as announced, but was rather based <>n ; the old trading adage, “Sell when the ! good news is out.” One item that Is causing a ripple in Wall Street circles Is the fact that George J Whelan, us*:ally very prominent in Retail Stores affairs, is not tn ‘ntioned in any way in this plan. Whether this means that Whelan lias dropped * nt **f this company or is merely staying in the background for the present, is anybody’s guess, and there Is little to justify either side. While In some quarters there was an Inclination to ascribe the activity in United States Fond Products to th*strength and activity of the sugars, as a group, there was also a hint of impending legislation, which w. uld benefit Fo***l Product* materially. The Martin Parry Corporation Is showing the same ratio increase in the earnings na are other body building concerns. May earnings were b-lioved to have set a new high for the current year, and orders on the books at the present time are sufficient to Justify expectations of a very busy summer. In addition to business on band, Martin Pnrry has prospects of receiving the body building business of two prominent truck companies.— Cepyright, 1922, by Public Ledger Company. INDIANAPOLIS PRODUCE. Eggs—Fresh. 22c. Butter—Packing Stock, 16©17e. Poultry—Fowls, lft© 23c ; L leghorn fowls. 15c: broilers. 1% to 2% lb. [ alxe, 40c; broilers under 1% lbs, ’.loo; (leghorn broilers at discount; cocks. 43< ■stags. 13c: young hen iurks. 8 lbs and Rip. 28c: old tom ttirks. 23c: young tom rttirka. 12 lbs up, 2.9 c; cull thin turkeys not wanted; ducks. 4 lt>*- au-i up Ifi.ilfe geese. 10 lbs and up. 12c; squibs. 11 lbs to doxen. $5.00©6. old guineas, p* c dozen $3 Butter—Local dealers are paying 3541 Ufle per lb for butter delivered in Inai anapolls Butterfat —Local dealers are paying 35c per lb for butterfat delivered in Indianapolis. WHOLESALE REEF TRICES. The following are today's wholesale prices for beef curs as sold on the Indianapolis markets of Swift Ji Cos.: Ribs No. 2,17 c; No. 3.14 c. Loins—No. 2. 23c; No. 3. 19*-. Rounds— No. 2. 15e; No. 3. 14c. Chucks —No. 2. 10c: No. 3.9 c. Plates —No. 2,7 c; No. 3,6 c. CLEVELAND PRODICE. CLEVELAND, May 31. Butter —Ex- i trns. 40%©41c: prints. 41%@42c; firsts. : 89%©40c : packing s*ock. 17© 19c Eggs— . Fresh, 27%c: Ohio firsts, 24%c; Western 1 firsts,-24c. Poultry—Live fowls. 27 ©2Bc; ] boosters, IC© 18c; broilers, 35©45c. j

N. T. Stock Exchange (By Thomson & McKinnon.) —June I. Prev. High. Low. Close. Close. Ad. Rum. com. . 18% IS IS% 17% Ajax Rubber .is 17% 17% IS Aided Chemical 70% 69% 09% 70% Ailis-Chalmers. 4!i % 40 *4 40 % 40% Am. Beet Sugar 471-4 47 47 46% Am. Bosch Mag. 46% 46% 46% 46% Ain. Can 4s*' s 48% 48% 48 Am. Car Ac Fdy.ll6 165 165V* Am. Ice 110 109 109 109% Am. Hd. & Lt. p. 72-% 72 72 72 Am. inter. Corp. 50% 49 50's 48% Am. Loco 116% 115 116 114. Am. Steel Fdy. 38% 37% 3S 38 Am. Siuit & Ref. U>% 65% 65% 66 Am. Sugar Ref. 70% 79 79- 79 Am. Sm. Th. Cos. 40% 43 43 45 Am. Tel. & Tel. 123% 123% 123% 123% Am. Tobacco ..144 143 v 143% 144 Am. Woolen ... 93 92% 92% 92% Anaconda 50% 56% 56% 5 ( Atchisou 99% 99% 99% 99% Atl. Const Line. 105 l'*4% -04y* I*l.* 4 All. Gif. Jc W. 1. 41% 41 41 40% Autsiu Nichols.. 32% 31% 32 32 1-aidwin Loco. .120% 118% 119% 118% B. U 50% 49 s 49% s*l Beta Steel (lit 78% 77% 77% 77% Brk Rap. Tran. 28% 27% 27% 28 California Pete. 63% 62% 63 62 Can. Pac. Ur...13U 138% 137 141% Central Leather 41% 40% 40% 40% Chandler Motor. 75% 74% 74% 75 C. *V U 68% 68 68 68% CM&StPcom.. 27% 27% 27% 27% CM&StPpfd.. 43% 43 43 Vi 43% Chi. A; Nw 76% 75% 75% 76 C.. R. 1. Ac P... 45% 44% 44% 45% CKiAP 6pe pf 54% N3% 84 53% C H 1 Jt P 7 pc pf. 98 98 98 98 Chili Cupper.... 23% 22% 32 22% Comp. A. Tab.. 69% 68% 68% 00% duett Ac Peabd 50V* Chino Copper .. 33% 52% 33% 32■ * Columbia Gas.. 88% 88 fc*h% 87% Coca Cola 71% 70 70% 70% Col. FL Ac- iron 33% 33% J3% 33% Consolidated G. .117% 116% 117 110% Continental Can. 67% 67% 67% 67% Corn I*re<lu*'ts.. 102% 101% 101% 102% Crucible Steel.. 74% 74 74 74% Cuban Am. Sg.. 25% 25% 25% 25%* Cuban C. Sg... 17% 17 17 17% I Via. Ac Lack.. 124% 124% 124% 125 Dome Mine .... 2*% 25% 28% 29% Brie 17% 10% 10% 17% Erie Ist pfd.... 25 24% 25 25% Kudicott and J. 85 84% 84% 84% Famous Players 86 85% 85% 86 Fisk Rut). C 0.., 18% 18 1"% 18% Gen. Asphalt... 68 60% 66% 65 7 * V*-ti. Cigars .... 7.8% 70% 77% 75% Gen. F.lectrlc .. 168 166 168 105% G *n. Motors .... 14% 14% 14% 14% Goodrii-h 43% 43% 43% 433* Gt. N*-rth. pfd.. 77% 76% 76% 77% i*t. N* rth. Ore.. 40% 40% 40% 40 Gulf States Stl. Si's 87% 83% 84 I!npp Motors... 20% 20% 20% 34% Houston Oil .. sl% 80% 81 80 iliuois Central. 10*4 106 100 100% I lisp. Copper 4-> 44% 44% 44% Inter. H*.rv. .. 106% 104% 105% 104% Inter. Nickel 18% Is 18% 18% Inter. Paper ... 53% 52% 53 52% Invincible Oil.. W-* 18% 18% 18% Keystone Tire.. 21% 21% 21% 21% Kelly-Spg’ttd. .. 52 51 % 51% 51% Kenn. Copper . 39% 38% 38% 35% l.a k. Steel .. 77'-* 7'*% 77% 77 Lee Tiro & Rtn. 33% 33% 33% 33% Lima I 114 Lehigh Valiev . 65% 65% 6-'-% 65% L. Ac N .119 ll!i% 119 Loews, Inc. 16% 16% 36% 16% Martin Parry . 34% 33% 34 34% Marine Com. . 2-5% 24% 2.5 24% Marine pf'i. .. 85% 84% 84% 84% May Stores 11'.*% 119% 119% 119 Maryland Mil .. 39 37 39 37% Mex. Petro. ...141% 13%% 140% 139 Miami Copper .31 3*'% 30% 30% Maxweil ”11" ... 72% 69% 71% 72 Midvale Ste-1 .42 4**% 41 41 % Miss. Pac. Ry.. 23% 23 23 23% M. Pac. By pfd. 57% 57 57% 57% Mont. A: Ward. 24 23% 25% 24 Nat. Lead .... 95 95 05 96 Nev. C. Copper 19% 19 19', lv% N V. (Vntral... 91' 2 90% 91% 9*>% New Haven 33 32% :,'2% 32% N-r. & West.... 106% 106 l.Hi 107 1 * Ni*r. Pacific 76'V 76% 76% 76% "wen Bottie 37% 37 37 30% Pro. A Refiners. 49 45 49 40%; i’aclfic "II 65% 64 Os'* 64% Pan-Ain. Pete... 72% 71'4 71% 70% Penn 11. v... 42 41% 41% 42% People's Gas.... 8" 8-5 85 85 i *-re Marquette 33% 35,% 35% 34% Pierce-Arrow ... 20% 19 7 , 19% i&% I 9-r. ,- "!! Cos 10% 9% 10% 9'V* Pul. Pal ,'ar... .123 122 122 T ANARUS, 122 l‘i*re "il 34% 32% 34% 3'2'j liy.s. Springs...lol l(H 104 104% iieaiiing 70% 75 70% 76% Rep I. A Steel 78% 70. 77% 77% Kepiogle Steel.. 35% 35 35‘, 36 R Dutch N.Y. 64% 63% 63% 64% S R*etiu* k 79% 78% 79 79', Sinclair 38% 35% 3<;%331,6 1 , S ss Shf S. A I. 49 49 49 49% Southern Pno... {*•% .88-% 90)4 S9 Southern R.v... 24% 24% 2t% 24% St L A S.W Uv. 30% :•% 30% 30% Stnd. "il *.f Ca'l 118% 116'i 11* % 116% Sfd. Oii of N .1.195% 193% 19: s* 192 St.L. A S.F.iom. 2*1% 28% 29V* 30% Stewart A War. 45** 44 44% 45% Strom. Curb.... 55% 55 f,.’% 55'', Studebak.-r .124% 123 12.5% 123% Texas r, A Sul 47% 46% 47% 47% Texas C. A Oil 31% 3**'i 3% 3**% Texas Cos 50 49 % 50 49 Txas ,V- Pac.... 32% 32 1 ; 32'-j 33 Toh. Products . 62 79% So% 81% Trans, "il ls% 18’-, is% jhi . Union "il 24 23 % 24 23% I'nion Pacific . 135% 135% 138% 141'^ I'ni'ed Drug .... 78 78 7s 7,s United Fruit ...142 142 142 U. S. Ret Stor-’s 6’.*% 67% 67% 67% U S. C. I r.oi pi. 35% .35 35% 34 U. S. In. Alco.. 57% 50% 57% 57% 1 S Ruilber... 65% 64% 64% *5 r. S. Smelting.. 45 44'. a 44% 44% r. s. Steel l'"*% I*HI% I(ri' v I<K", i S. Steel pfd.. 120 119% 119% 119% Utah Cippcr.... tiS'i 67% 67% 68% Vanadium Steel 51 50% 51 50% Wal-ash 13 12% 13 13 Wabash Ist pfd 32% 62% 61 33 Worth. Pump... 55 54% 54% 64% Westing Eld'... 03% 62'- 4(3 62% White Motors .. 51'4 48% 50% 48i:, Wilivs-4 ,-rland 9% 9‘ a 9 s , s‘% White oil 10% 9% 10% 10 Wisconsin VVn 3<i% 30% 30% .... Wonlworth 15.8'4 Wilson A VJo 44%

NEW YORK LIBERTY BONDS. —Juue 1— Trev High. Low. (lose, dose. I.ibertv 3s I**>.*>4 I**>.oO l**o(*> 99.98 Libert v Ist' 99 68 1*9.66 tt* 66 100.00 Liberty 2d 4s .. 99 98 99 86 91*86 100.00 Liberty Ist 4%5.. 9996 99 92 99 94 10(4.00 Liberty 2*l 4%5..10000 9994 99 94 iOO.OO T.ibertv 3! 4%*.. 100 04 99 94 100 o*lloo 00 Ibbert v 4th 4%-). 10004 90.96 10090 )(*"> Victory ;C- 4 s 10**02 100.00 Victory i%s. ...100.62 I*k).sS 100.69 BiO.tM CHICAGO STOCKS. (By Thomson & McKiunou) —J uie 1— Opi-n. High. Low. Close. Ar Leather 12% C C 5. C It pfd S C E li pfd 8 Con. M tors .. .9% 8% 8% 8% I (cere ,x Cos. pfd. 79% f.ibbv-MeNeill. . 2% Mont. Ward 24 2-4 22% 23% Nat. I.eath., new ft ft 8% 9 I lek A- Cos 28% 28% 28'; 2.8 % Pig. Wiggly (A) 47% 4ft 46% 46i\ Stewart W.' 451, 45% 44% 44% Swift & Cos litttu. 103% 10.3'; lf's Stvift Inti 2*1% 20% 20% 2*, Thnmp *J R). 48 Temtor C. (A).. 1% 2% 1% 1% 1 nion C. A Car 7'7% 7*B 57% 57% M:thl 63'i, 63% 62' a 02',:, Wrigiey 102% Yellow Taxi.... 75 75 74 74'-Sears-Roebuck . 79% NEW YORK WOOL. NEW YORK. June 1. Wool prices yv.*r.- strong on ttie inrkf today. r-ric*'S of '9c past week being well maintained. D- at. >tic fi-e* e, XX "hi**, was quoted at 3Sfi,7ioc per ponn*l. liomesti*- pulled, sc*.ure*l i.asis, at .*O.-©.st. and Texas domes! if, soured basis, at !)5c©51.15. NEW YORK HIDES, NEW YORK, June I.—Hid.s were firmer on the market today Native st>“r liid*'S sold at 14©15c ami branded tseer hid-s at 13%©14c per pound NEW YORK METAL MARKET. NEW YORK. June 1.-C pp r—Steady: spot, August, offered 13 S*\ Lead Pirn': spot, June 7.62%fii."*>7%<• Spelter —Steady: >i*ot. June and July, 3.20©5.30iNEW YORK PETROLEUM. NEW YORK. June I —Petroleum prices were firm iu trading *>n the market here today. Pennsylvania crude oil selling at $3.27, per barrel. STANDARD OIL OF INDIANA. Stiles for the day, 30.100 eliares. Open. 119%; high, 121; low, 119%; close, 120.

STOCK MARKET CLOSE IRREGULAR Trade Generally Quiet During Final Hour. NEW YORK, June I.—The stock market closed Irregular today. Trading was quiet in the late dealings with a few exceptions. Producers and Refiners was In demand, advancing over 2 points to 49, and Texas Company toucno.-l do. Reading, after falling to 75%, rose to 76V,. and Southern Pacific rose nearly 2 points to 90%. Rutland preferred showed a gain of 3% points at 51%. United States Food Products touched 10, a gain of nearly 5 points for the week. ' United States Steel hung around 100%, and Baldwin Locomotive around 120. Government bonds were unchanged ami railway and other bonds irregular. Stock sales for the day totaled 1,24t>,500 shares; bonds, $18,091,000. (By Thomson A McKinnon.) —June 1. — Although the trend of values In the stock market is no longer as uniform ns it has been, the movement now being by individual groups and issues, nevertheless, new highs are daily features and today's market was no exception in this respect. Sentiment in market circles is intensely bullish. Confidence is the dominant note in every expression. Money, while varying more frequently In rates, it still in reasonable supply. It is only when business has expanded to a greater extent and demand from this source becomes normal that the pinch will be felt in the stock market funds. Business continues to expand except In lines directly affected by labor difficulties. but we are now reaching a period where business may lie seriously affected by a shortage of fuel. There is but little atteution given to the subject of the coal strike, because is has been generally assumed that the strike will prove unsuccessful. But reserves are being used up and this is the time when next winters supplies should be accumulating. This subject may become an important market factor before very long. The oil group, particularly the Issues of the various standard companies, constituted the real market leaders again. Technically, there has been no change made in the mark*ts position. The long lines are increasing, and we doubt very much if the market could resist as w**!l as it did in the past unfavorable financial or political developments. TWENTY STOCKS AVERAGE. NEW YORK, June I—Twentyl—Twenty industrial stocks Wednesday averaged 95.61. 1 off .78 per cent. Twenty active rails averaged 85.53, off 1.30 per cent. CLEARING HOUSE STATEMENT. NEW YORK, June 1 —Ex* hanges. sl.- , 076.4oo.00o; balances, 567.300.inni: Federal Reserve Bank credit balances, $48,100.0**0

Money and Exchange

Indianapolis bank clearings Thursday were $2,883,000; bank ilelilts #O,034.000. NEW YORK, June I. Demand Sterling was strong at $4 45 1-9 toda>. Erati* cable* were 9.10%e; cheek-,, $9 10c. i.,r,-j cables were 5.21 %e; cheeks. 5.21 c. Bel ; giau franc cables were 841 ; checks.; 8.40%c. Marks were .ls".".6 T -,.\ Guilder ;' :1 -I bl**s were .'tS.TU'; checks. 37 7s*. Swedish! kronen cables were 25.1a',**; ch,-cks, 25.9 b . Norway kronen cables were 1>.02c; checks. 17.07 c. Denmark kronen cables were 21.85 c; i checks, 21.80 c. NEW YORK CALI. MONEY. NEW YORK. June 1.- Money Call j money rule*! 4 per cent ; high 5* j per j cent; low, 4 per Cent, 'lime rate". 4%4% ' per cent. Crime mercantile paper, steady. .Sterling exchange was strojig with business lu bankers' bill at .$4.45,% fur demand. MOTOR SECURITIES. (By Thomson A McKinnon.) —Juue I. Closing Bid Ask Earl Motors 4 4% I’aikurd com 16 B*-^ Packard pfd 88 90 Peerless 4.* % ,<1 Continental Motors com 8% *■*% Continental Motors pfd 9> 91 Hupp com 20% 21 Hupp pfd 98 1 1 *5 800 Motor Car 26 26% Elgin Motors 2% 2% Grant Motors % % Ford of Canada 375 380 j National Motors 2 5 Federal Truck 20 22 Paige Motors 23 21 Republic Truck 12 12% ACTIVE 011. 6TOCKS. (By Thoms*,n A McKinnon) —Juno 1 - Closing Bid. As'k. Anglo-American 22 22*. Borne Scrymser 58) 4**o Buckeye Pipe Line is; l* i‘ill-set,rough Mfg Cons 192 2tf*i Cosden oil and '•** 5 6 Cre.-a-ent Pipe Line 35 5.8 Cumberland Pipe Line i3*s 115 Elk Busin Pel** 11 11% Eureka Pipe Liu*- i*s Ps Oulena-Slgnal Oil. pref ]"*> I**s j Galena-Signal Oil. com 55 5s Illinois Pipe I.ln** 177 18*. Indiana P<p** Line I*4 96 Merritt "11 12% 13 Midwest t*jl *2% ,1 Mi, I west Rfg 2"0 National Transit 29 •''*> New York Transit 175 180 Northern Pipe Line >'*7 110 Ohio OH 310 320 Penn Mex 36 45 Prairie Oil and Gas 640 *-,*• .Prairie Pipe Line 244 248 ! Supulpn Itefg 4% 4% Solar Refining 3i'*o 380 I Southern Pipe Line 10*1 104 South Pel'll Oil 239 233 ! southwest Penn Pin*- Lines. 60 6*> ! Standard Oil Cos. of Hid 119% 119 '* ; Still),lar. 1 "11 Cos. of Kan s<> 3 M * ; Mandat,l "I! <'*,. of Neb.. ... 19" 2**4) Standard till Cos. of N. 5 ... 421 428 ! Standard < )il Cos. of 0hi0.... 4.*u 48" ; Swan v Finch..'. :: *i 40 i Vai'tium "il 44*) 4--0 Washington "il 20 30 NEW YORK Cl lilt MARKET. (By Thomson A McKinnon.) June 1. — —Closing— Bid Ask Acme Packing o 5-5 1 t'uiiis Aero, com 4Va •>% Curtis Aero, pfd 24% 26 B*,ston A Montana 20 22 Boston A Montana Corp 65, 87 11. ternat b-nal Pet 26% 2* ; Kirl'.v "il 10 10V* Nipissitig 6% % Standard Motors 4% 4% Salt t Took 19% 19% Tonojiah Extension 1$ 4% i Tonopah Mining I'. 1 * I’S U. s Light A Heat 1% 1% U. s. Light A Heat pf 1 1% 1% Wriglil-Martin 2 3 Yukon Gold Mine Cos 92 95 Jerome 3% 3% New Cornelia 19% 20% United Verde 29% 30 Omar Oil 4% 113-16 NEW YORK St CARS. NEW YORK. June 1 Raw sugar prices were firmer lu trading on the exchange , today. Culms selling at 4.12 c per pound, duty paid, and Porto Ricos at 4 12W4 IS* per pound, duty free, delivered. Refined sugars were also tirm-r. fine granulated j being quoted al 5.50,W5 70c and No. I soft t 5253(5.55c per pound NEW YORK COFFEE. NEW YORK. June I.—Coffee values were steady in trading on the exchange lie a* today, opening options being 2 points lower to 2 points higher Rio No. 7 on spot was quoted at lo%(*itlc per pound. NEW YORK RICE. NEW YORK. June I—Rice1 —Rice was rather quiet in trailing on the exchange here today, hut prices ruled steady. Domestic rice was quoted nt 3%@7%c per pound. NEW YORK TURPENTINE. NEW YORK, June 1. —Turpentine sold at 99%c per gallon on the market here , today.. £ |

INDIANA DAILY TIMES

GRAIN VALUES CLOSE LOWER Favorable Crop Weather Reports Cause Heavy Selling. CHICAGO, June I.— Grain prices de- J dined in late dealings ou the Chicago Board of Trade today. The market showed a tendency to drop throughout the day on heavy selling by local interests. Reports of favorable crop weather influenced the decline. Some export buying appeared on the drop, fending to steady prices. Provisions were lower. July wheat opened at $1.19, up %c, and closed unchanged. September wheat opened at $1.17%, up %c, and closed off %e. July corn opened at 02%e, up %c, and closed off September corn opened at 05%c, up V,c and closed off %c. July oats opened at 3S%e, up %c. and closed off %o. September oats opened at 40',sc, off %c and closed off %c. (By Thomson A McKinnon.) • " —June 1— Wheat —Weather conditions and crop news were lu the ascendancy today. In the early market, favorable weather and news from the Northwest offset firmness in Liverpool, but later in the day claims of possible damage in the far Southwest turned the market firm. Two of the best crop authorities show normal conditions In silt ing wheat and further Itu ■ provement in the winter wheat. The indicated yield of (tie moment, both spring anti winter, suggests fifty to one hundred million more than actually harvested last year. It is t" be noted, however, that one of those authorities mentions the possibility of more than usua’ damage by red rust. There is no great activity in the export trade, but a change to the extent that i'nited States hard winters are being taken, hits occurred. Choice milling wheat Is firm in all markets, although there is no marked improvement in flour trade. There are private tallies reported from tin seaboard claiming serious drought in Europe. These seem to be confirmed by the published official estimates of crop conditions iu France and Germany. it has been accepted that the European area is less than last year and If It now develops that the condition on this reduced acreage is not as good as last year, it follows that the Europtan demand will be in excess of what we have been experiencing. The important period in the completion of our crop is Just at hand and there tire a few private reports of an unfavorable nature coming to the surface. We feel that the market has been und critic influence of excellent crop news for such a length of time that it is in position to be quite sensitive to an.v confirmation <>f a possible shortening of the present indicated yield. Uorn and "ars- Private authorities expect a consult ruble reduction in the a* reage of oat- with the pro‘eat outlook of yield considerably below recent yearsPlanting of corn is not yet completed, but there has been good germination of what has been planted Tit.-re is nothing In the crop situation, or tn the cash d* maud, to sugg.-s* any Important price abiatioe, nonetheless, th*' markets, like wheat, have pr-haley fully discounted the various reasons for lower prices. We. therefore, dislii.e the idea of expecting a declining tendency. Provisions An increase in the receipts of hog- i.- expected It, continue for a time. Because of this, sentiment favors lower prices for products. However the market Is held iu cheek by a common id'-a that accumulations of lard arc in strong hands.

CHICAGO GRAIN TABLE. - June 1 WHEAT— "pen High. Low. (’lose. July 1 19 I U*% 1.17% 1.19 Sept.... 117% 1.1.5% 1.16% 1.17% Ct' It N— ! July 62% .62% .61% .02 S’T't •*'•% •*•' M% .64% j OATS- - July 38% 5-8% .37% .38% ! Sept 41,‘e, .4 *% .39% .39% , LARD— July.... 1145 11 45 11.42 11 42 j •Sept 11.70 j RIBS - •Jttlv 11.85 1 *Sep't 11.75 RYE - July 98% 99% .98% .99% ' s-pt 94% .90 .94 .95 •Nominal. CHICAGO CASH GRAIN. CHD'Aii". June 1 Wheat No. 2 red. $1.19,(120: No. 2 red. $1.19; No. 2 hard winter. $1 18’*( 1 20. Corn No 2 mixed, s’."* (il. ••■*(%<• , N " 2 white, 440% turtle: N. 2 yellow *"',/'!, No 3 mixed. 50,■ . No. 3 yellow, 59%%0n%<•; No. 4 white, 58%f*t 59%>-; No 4 yellow. s**e. "at.** No. 2 whit** 38.(42,': X,, 3 while, 30%*(!3,8%<■; No. 4 white, .",5% 'a 31','*. TOI.EIM) 8EEI) AND GRAIN. C"i. 11 D< *, June t. Wheat ’ ash. $1.27 <a.\ .’8; July, $1.21% : Juue, $1.25 Corn Cush 0O"ilO7e. t,si- sash, Rye t'asli, sl.Ol. Barloj -J’as.i. 6.5, - •’lovera*•■■d Cash, $13.75; "etolier. 11 !**: D*. “tuber. <ll A Nike Cash, $1175; An gus’. $11.75. October. $11.20 Timothy Cast,. $2.35; September, $5.20; 14* tuber, $3.15. I'ltlMAin MARKETS. (Ry Thomson A McKinnon) RECEIPTS. Wheat Corn Oats St. Joseph .... 47.1HN) 48 000 6.(810 Chicago .... 020.1*10 l.trjit.tsD 850.1M10 M t - n*-ap,dis .. 103.u*l 63.000 75.<*• Duluth 05.000 23.*"*' 9.ISS) ! ,-t, |,, i Ills .... 82.1*10 iM.IMkI lM.tKkt i*d*„|,i .... .'. 14.01*1 17,""" 12.000 Detroit 2.***) O.tHitl Kansas ( itr .. Nioon st.***> 26,<t*H) iha.r.a I.WK) 120.0OI) 45,000 Olllil ltd . . .. 6.1**1 11,8 I**l II.OIKI imiin mi polls .. 3,1**1 73,t**0 54.IH** Totals 1.1 (3,i**> l.tVCi l*:*) Sfil ,*H> Year ago ..1 to2.'*"t 2.684,000 1,11)5,000 81111 ’ M ENTS. Wheat Corn "Kb St. Joseph .... I.l**o 27.000 2,<**t (hititg, 46.1NK4 293.000 3!l.",<**> Minneapolis .. Uis.non 43.0(*i 81,000 i ml til It B,t**i 286,(H) St I.<> uis .... 80.1**) 103,000 102.<**1 'i'.iled,, . I.***) 38.05*5 | Detroit L'.noo 3,000 | Kansas Citv .. 21,000 39.(**) 19.000 I’eoria ....... 1,000 38,t**) 241.000 Omaha 13,0tH) 151,1)00 114.(H) j 1 iidittnapolis S. ** * 1 22.000 Totals 478,(NN 091,000 799.000 Year ago . liUo.olHl 501,000 311,000 CLEA RANGE. Wheat Ctirn Oats New York 54.000 2(H).0O0 j )**,-lon 140,(**> Philadelphia . . 58,000 9:5.000 1 in I tin* ore 20,000 Totals 58.000 169.000 340,1*10 A ear ago 673,1**1 103,000 INDIANAPOLIS CASH GRAIN. —June 1— Bids for ear i*>tN of grain and hay nt I the call of tlie indiaitapolis Board of Trade wore: Wheat— P rtri; No. 2 red, $1.26(061 28%. I Corn Sfe: d.v ; No 3 white, rt2(ftC3c; No 4 white, 61(irt62c; No. 3 yellow, 01 (/l.O'Je No 4 yellow, 60%t("ll 'g*': No 3 ; mixed. rt'tVii.l*-; No. 4 mixed. rnYiOOc Oats —Steady: No. 2 white, 39%@41c; | No 3 whit*’. ftDfii39%e. ' Hav Steady: No. 1 timothy, $19,500 | 20: No 2 timothy, sl9fi( 19.5*1: No. 1 ! light clover mixed, $lB 503619; No. 1 clover, $205021. —lnspections Wheat No 2 red. I car: No. 3 rod, j 4 ears: No 4 red, 2 ears: total, 7 cars, i Pern N<>. 3 white, 3 cars : No. 4 white. 11l ears; No. 5 white. 5 ears; No. 6 white, 0 cars; No. .1 yellow, 3 ears; No. 2 ve!I low. 2 cars; No. 3 yellow, 1 car; No. 4 yellow, 15 ears; No. 5 yellow. 11 ears; No. 0 yellow. 23 cars: sample yellow, : 2 cars; No 4 mixed. 1 car; No. 5 mixed. 2 ears: No 6 mixed. 2 ears; sample i mixed. 1 ear; total. 84 cars. Oats—No. 1 white. 4 ears ; No. 2 white. 3 cars; No. 3 white, 14 cars; No. 4 ; white. 7 cars; sample white, 1 car; to , (al. 29 ears. i Hav No. 1 timothy. 1 car; No. 2 'timothy, 2 cars: total, 3 ears, j Tolai number of ears for day, 123. HAV MARKET. The following are the Indianapolis prices for hay, by the wagon load, delivered tn Indianapolis: Hay —Loose timothy, $lS@2O; mixed hay, $18(nl9: baled hay, sKs@l9. ! Oats New, per bushel. 42@45e. ! Corn —Both old and new, per bushel. 63fe68c. WAGON WHEAT PRICES. Indianapolis flour mills and elevators yesterday were paying $1.17 per t.ustiel for No. 1 red winter wheat; $1.15 for No. 2 red winter and according to teat for No. 8 red winter.

Expelled NEW YORK, June 1. —Announcement was made from the rostrum of the New York Cotton Exchange today that A. M. Lainborn, J. Marke and John F. Clark had been suspended for a period of six months “for conduct detrimental (o best interests of the exchange."

Weather

The following table shows the state ot the weather ut 7 a. m., June 1, as observed by United States Weather Bureaus; Station. Bar. Temp. Weather. Indianapolis, tnd, , 30.12 M Cloudy Atlanta, Ga 29.92 66 Rain Bismarck, N. D. .. 30.18 59 I'tCldy Boston, Mass. ... 30.2(4 68 Clear Chicago, 111 30.20 54 Clear Cincinnati, Ohio .. 30.06 - 64 Cloudy Cleveland. Olilo .. 30.14 54 Cloudy Denver, Colo 30.22 40 Clear Dodge City, Kae. . 30.16 50 Haiti Helena, Mont. ... 30.08 42 Clear Jacksonville, Fla. . 29.92 78 I’tCldy Kansas City, Mo. . 30.20 52 I’tCldy Louisville, Ky. ... 30.06 64 Cloudy Little Rock, Ark. . 29.9$ 68 I'tCldy Los Angeles, Cal.. 29.88 58 Cloudy Mobile, Ala 29.84 70 Rain New Orleans, La. . 29.86 72 Cloudy New York, N. Y. . 30.10 00 Cloudy Norfolk, Va 30.02 68 Rain Oklahoma City 30.10 58 Cloudy Omaha, Neb 30.24 56 Cloudy Philadelphia, Pa. .. 39.10 64 Cloudy Pittsburgh, I’a. ... 30.06 70 Clear Pori land. Ore. ... 20.86 54 Cloudy Rapid City, S. D,. 30.26 48 PtCldy Stn Antonio, Texas 30.02 66 Clear San Francisco, Cal. 29.81 50 PtCldy St. Louis, Mo. ... 30.12 58 Cloudy St. Paul, Minn. . 30.22 52 Clear Tampa. Fla 29.94 78 PtCldy Washington, D. C. . 30.08 66 Cloudy WEATHER CONDITIONS. Since Wednesday morning showers have occurred In the I-akn region, th* Southeastern States, and tn the middle and southern plaids and Rocky Mountain sections. Elsewhere generally fair weather has prevailed. It is cooler in the middle Mississippi and Ohio valleys, and warmer gran-rally between the upper Mississippi luul Missouri river*, while frosts and freezing temperature* were repot led ngain last night In Wyoming. CORN AND WHEAT HCLLIETIN. For the twenty-four hours ending at 7 a. m., Thursday, Juue 1, 1922; temper I I •ture. j c ; " ~ T 2 ** c Stations ot „}ec“ c Indlanupoll* „ • ■fl-**, District 12 S| £l*s S=p Angola S3 49 1 0 Good Ft. Wa.vno 84 52 j 0 08 Wh. atfield 80 ; 48 ! 0 Good Royal Center . 82 48 : 0 Good Marlou jBS 51 0 'Good Lafayette 2 851 0.10 Good Farmland 87 nr, ' 0 Good I (id iunnpolis ... 81 151 I O' Good Cambridge City 85 52 0 , Good Terre Haute ... 86 54 1 ’ Bloomington .... 88 52 1 0 i Good Columbus 89 56 0 Good Ylneenues 80 55 ! 0 Good I'aoii 84 SB | o Good Evansville |BBI 56 1 0 ’ T ~ hT'/Thmi ngFon, Meteorologist, Weather Bureau

In the Cotton Market

NEW YORK, June I.—The cotton inar ket opened nervous and Irregular today, with prices 4 points lower to 5 points higher, due to uncertainty as to Government report tomorrow. Commission houses and Liverpool; bought, and th-- South sold After the opening, the market eased off a few points New York opening cotton prices: July.' 20 65c; October anil November. 26.20 c: I>e ceuibvr, 20.02 c; January, 19 77c, March, —Cotton Futures- - Open. High. L**w. Close. January 19 77 10 0) 19.i0 19 84 March 10.69 10.79 19.52 19.62 July 20.65 2*(.81 20.34 20.46 October 20.20 20.34 19.96 20 13 December 2'>.02 20.17 19 83 19.99 —Colton Review—N'!"W YORK June 1. The cotton market was again subjected to presmre iroiu longs, who have been liquidating con-, traits because of liii[>r*)venient.* In the •Southwest, which was confirmed in the weekly weather report today, though ; private crop reports from all sections are j in tio* main bulli-h. I Technically, the market has been Ira proved by liquidation recently ami is ; now In a fairly good position to receive i the Government repor'. i The average of private estimates shows 1 a eohdltion moderately better than lust i year, but well under ‘the ten-year aver I age. 1 As soon as the Government crop re 1 port Is out of the way the market will probably enter a waiting period. The month of June is usually not favorable from a bull standpoint. It. therefore, seems to us advisable to take advantage of present bulg-s to liquidate long cotton and await further crop developments. LIVERPOOL, June I.—Spot cotton open-si In good demand today. Prices were firmer and sales close to 10,000 : bales. American middlings, fair, 13.63d; good middlings, 12.60*1; full middlings. 12 30*1; middlings. 12.15*1; low middlings, 11.70*1; good ordinary, 10 85,1 ; ordinary, 10 35U. | Futures opened quiet. j Local Stock Exchange —June 1— STOCKS. Bid. Ask. 1 Ind. Rv. Jt Light com 57 1 Ind Rv. &. Eight pfd 82 ! liulpls. St. Ky 51 56 | ludpls. N. W. pfd IK) , Indpls. A S. K. pfd , 60 T. IL. T. & L. pfd 73 T. Il , 1. A- E. com 5 T IP. I. A E. pfd 15 C. T. of tnd. com 3 U. T. of Ind. Ist pfd 5% ... P. T. of Ind. 2d pfu Advance Rumely pfd ... Advance Iluinely com 16 ... Am. Central Lite 200 ... Am. Creosoting pfd 04 ... Belt. R It. pfd >% ... Belt .K. K. com 60 Century Bldg. Cos. pfd. 93% ... CitlscßH (ias Cos 21% ... City Service com City Service Cos. pfd ... Dodge -Ylfg pfd Home Brewing 48 Ind. Hole) coin 87% ... Did. Hotel Cos. pfd 9 ... Ind. Nat. Life Ins. Cos 2 ... Ind. Title Guarantee 50 ... Did. Pipe Line ... Inpla. Abattoir pfd 43 Indpls. Gas 45 Indpls. Tel. pfd 00 Indpls. Tel. com 2 7 Mer. l’ub. Fttl. pfd 48 Nat. Motor Car Cos 7 Pub. Savings Ins. Cos 6 Knuli Fert. pfd 47 Stand. Oil of Indinna 120 Sterling Fire Ins. Cos 7 Van Camp Hwd. pfd 90 Van Camp Prod. Ist pfd.... 07 100 Van (.’amp Prod. 2d pfd | Vaiula liu Coal Cos. com 1 Vandalia Coal Cos. pfd 7 Wabash Ry. pf'i 32% ... Wubunh Ry. com 13% ... BONDS. Broad Ripple 5s 62 67 Citlsens St. Ry. 5s 82 Indian Creek Coal A Mines 6s ... 100 I ml. Coke A Gas 6s 86 Indpls. C. & S. 5s 9i Indpls. & Martinsville 55.... 58 Indpls. & North 5s 43% ... Indpls. St. Ky. 4s 67, 70 Indpls. & N. W. 5s '53 Indpls. & S. E. 5s i 40 Indpls. Shelby. & 8 E. 55.. 65 T H., I. & E. 5s 64 Citizens Gas 5s 85 90 Indpls Gas 5s 85 Kokomo M. & W. 5s 88 91 Did. Hotel Cos. 6s 99% ... Indpls. Water 5s 06 100 Indpls. Water 4%s HI Indpls. T. A T. 5s 80 Indpls. L & H. 5s ill 94 IT. T. of Ind. 6s 55 Mer. H. & L. 5s 99% ... New Tel. L. D. Ps 97 New Tel. Ist 6s 97 South. Ind. Bower 6s 80% 91%

SWINE SUFFER SHARP DECLINE Cattle Prices Show Steady to Weak—Calves Higher. BANGE OP HOG PRICES. Ouuil uvod Good Mty Mixed. Heavy. Light. 7. . 410.0U1U iu.7o JlO.yo(o 1U.60 $10.7U 26. 10.7a®i10.85 10.65 JjlO.sO ioSj®")* o 20. 10. . 0 (y. iU. * 6 lO.ou*!* lU.iU IU.SoiU 10. so 27. 10.80®10.55 lO.b-Gtj 10.76 10.86 (& 10.05 20. io. Katun.oo io.sjnjiu.ao n.oo 81. 10. hi) 10.0JKjiU.*5 [email protected] J uue 1. 10.60 10.30 @ 10.60 [email protected] Swine prices were 20 cents lower generally lu trading on tue locul live stock ••xctiaiige today, with receil,is tor the day close to lo.uuo, and nemier packers or shippers displaying demands that could be called good. T here was a lop o£ $10.05 on a lew light swine, while the bulk of me sales were made at ->io.oo. A few extreme heavies soid ut slo.o'J, while the bulk of that grade brought sii>.uo<Rlu.UU. Pigs were ill none too good demand, and soid ut $10.50 generally. Hodges brought $0.20 and down and stags s(.io and down. Trading was none 100 active at any time during the forenoon, and, as a result, a holdover tor the market of the following day was anticipated. Cattle values were slow steady to weak in spots, with receipts for the day ciose to boo, and packers displaying only fair demands. The quulity of stuff offered was fair to good, and there were a few extra good steers and bedels on the market, 'rnese bri/ught prices that were fuily steady, a few of the steers selling at sb.od and the heifers bringing $8 .gjugs.7s. Bulls were slow and weak as were canners and cutters. Veal prices were strong to 50 cents higher, with the shipping demand brisk, the quality fair to good and receipts close to Bu<) for the day. Higher prices on eastern markets also had u strengthen ing eeffet upon the trend of the local mart. There was a very slow demand for both sheep and lambs, anil prices were close to 50 cents lower generally. Receipts for the day approximated 500. There were a few good lambs on the market, but most of the sheep were of the commoner grades. A few springers brought sl3 and therewere two or three sales of this grade of lambs ut $13.50, which was the top of the day. lIOGB. 160 to ISO lbs. average [email protected] "ver 300 lbs 10.50 150 to 300 lbs 10.50© 10.65 Best [i gs. under 140 lbs 10.')o*jg iO.fio Top 1065 Roughs 8.75© 9.25 Stags 6.50© 7.75 Bulk of sales 10.60 —Cattle*— Few choice steers 8.27-© 8.50 Prune corn-fed steers, 1,000 to 1,800 lb* 7.70© 8.00 Good to choice steers, 1.200 t.. 1,300 lbs 7.25© 7.50 Go, i to choice steers, 1,100 to 1.200 lbs 7.00© 7.25 Good to choice steers, 1,000 to 1,100 lbs 6.25© 6.75 Ci-niou to medium steers, 800 to 1,000 lbs 5.75© 6.25 —Cows ami Helferi*— Few choice heifers 8.75© 9.00 Good to choice heif.-r* B.oO© 8.50 Me Hum heifers 7.25© 7-*o Common to medium heifers... 6.00© 7.00 Good to choice cows 6 00© 7.00 1 Canners 2.77*© 3.73 Cutters 27*0© 3.75 —Dull*— Fancy butcher bolis 5.50© 6.00' Good to choice butcher bulls.. 5 00© 5.75 Boljguil bull* 3.75© 4.-<> Light bologna bulls 3.50© 4 00 Light common bulls 3 25© 3.50 —(al res— Choice veals 10.50fiT11.00 Good v.-alg 10.00© 10.50 Medium veals o.oo© 10.00 Heavyweight veals 7.50© 8.50 Lightweight veals 6.50© 7.00 —Stockers and Feeders—. Good t*> choice steers under 800 lbs 5.85© 7.3'' Medium cows 2.50© 450 Good cows 4.50© 5,00 G ?(i heifers 6.00© 7.50

RADIO FANS! —Read This^a Complete your Radio Receiving g Set by securing The DAILY TIMES Unipolar Headphone i This is the latest model, standard built | % navy type phone, with nickel plated ■ brass shell, hard rubber ear cap, with }. a three-foot cord. E Retail Price $3.50 ! V: I h YOURS FOR A LITTLE WORK DURING YOUR SPARE TIME. CALL AT THE TIMES OFFTCK TODAY, RADIO DEPT. 1 “LISTEN IN” ON THE TIMES RADIO SET j AND LET US EXPLAIN HOW EASY IT IS TO SECURE THIS PHONE WITHOUT *j| COST TO YOU. |J

Medium to good heifers. 4.75© 6.00 Milch cows and springers... 35.(X)©80.00 ——Sheep and Lambs— I Cuil ewes 1.50© 2.00 i Good to choice ewes 2.00© 4.;*> Bucks. 2.00© 3,.5) Yearlings .6.00© 9.00 Springers 9.00©13.00 buck Jambs 4.50© o -*o Culls 2.00© 3.50 i Other Livestock CHICAGO, June I.—Hogs—Receipts, 41.000; market 10fii!20c lower; bulk of sales, $10.10(3*10.55; top. $lO 60; h-avies, $10.20@1fk35; mediums, $10.30© 16.55; lights, $10.50© 10.60; light lighis. #10.25 @10.57 ; heavy packing sows, smooth. $9.35 @9.75; packing sows, rough. s9©9 40; pigs. S'.i 25®10 30. Cattle—Receipts. 14. (*); market mostly steady; canners. cutters anil bulls, weak to 15e lower. Beef steers —Choice and prime. [email protected]>; medium and good, [email protected]; common lights, [email protected]; good and *-l)oic*\ $8 t" ©9.25; coined and medium $7.25@8 40. Bti.'cher cattle—Heifers. $7.75©8.00; cows, [email protected]; bulls, [email protected]>. Canners ami cutlers—Cows nn i heifers. $3©4.25; can-nc-r steers. [email protected]; veal < aives, light handywelght, [email protected]; feeder stei-rs. $6%7.85; starker steers. $7>.75©7.75; sto* ker cow sand heifers. $4.10@6 Sheep and iambs Receipts, 11.000; market slow, steady to 25c lower; good to choice ’ambg. ; s9.7s<gri3; cull aud common lambs. s7@ ; 9.50; springers. [email protected]; yearling wethers, s9® 10.75; ewes, s3@7; cull und; common ewes, $1.50©3. CINCINNATI, June I.—Hogs—Receipts. 4.600; market, weak and 10 to 25c lower; all grades of good nogs, $10.70: roughs, $8.75; stags, $5.50. Cattle- Receipts. 400; murket, slow steady : bulls, dull and low- j ,-r : calves. $10.50. Sheep and lambs—Receipts, 2.709; market, steady to 25 cents higher' ewes, $3©5.50; choice lambs.; <ls SO© 15.75: seconds, $10©I2; culls. s7fii9., CLEVELAND, June I—Hogs—Re- ! ceipts, 3.500: market 10@15c lower: york- 1 ers, mixed, mediums and ptgs, $11; | roughs. $8.50; stoga. $5.50. Cattle—Receipts. 300: market steady generally. * Sheep and lambs —Receipts, 500; market slow, steady : top. $13.25. Sheep and lambs—Receipts, 400, market 50c higher,; top, sl2. j SIOUX CITY. June I.—Hogs Receipts. I 8 000; market, 10 to 20 cents lower: | range of prices. ss.6f*@ 10.15; bulk of, sales. [email protected]. Cattle—Receipts, 3,000; market, steady to shade weaker; year- 1 lings, $7@S65; steers, [email protected]; fed j butchers, #7> 7*[email protected]; grass butcher*. s4© i 5.50 ;stock*-rs and yearlings, [email protected]*; feed in gcoxvs and heifers, $3.50©7>.75. j Slie-;> and lambs—Receipts, 20*>; market, ; slow and weak. EAST ST. LOUIS. June 1 —Hogs— ! Receipts, 15.060; market 5© 10c lower; 1 mixed and butchers. $10.35©10.50; good heavies, $10.40©10.50; roughs, $8 90@9; lights, $lO 40© 10 7>o; pigs, $9.75 @lO 35; bulk of sales, $10.40© 10.45. Cattle—Re- | cidpts, 3.500: market steady generally;! native beef ste*-rs, $8 50fi(9; yearling: steers ami heifers, $8.2909; cows. s4© ' 6 23; st*e kers and feeders, s4@6 50;i calves. s3© 10 50; canners and cutters, $3 j fii4. Sheep and lambs—-Receipts, 4.500: i market steady generally; mutton ewes, j s3© : good to choice lamb*, [email protected];j ealiners and choppers, sl©,3; springers, sl3 75© 15. EAST BUFFALO, June I.—Hogs—Re-: ceipts, 4,80'); market, active; yorkers. I ill.4**@ 11.30; pigs. 1.7.1*; mixed. #ll.:V-fit 11.50; heavies, [email protected]; loughs, s9© 9 25; stags. $7,@6. Cattle—Receipts, less J than 00; market, active; shipping steers.' $.8.25© 015 ; butclier grades. [email protected]; ■ in ifers, s.*.7*o@B; cows, $2 5)>©,6.75; bulla. . s4©6; feeders, s6©7; tull- h cows and springers. s4sfiil3o. Calves—Receipts. ’ r><*) : market, active; cull to choice, #4.75) . fi(l2. Sheep and lambs —Kocelpts. 200; j market, active; choice lambs, $ 1 17; ; cuil io fair amlis, $10©15; yearlings,' #7@l2; sheep. s')©B. PITTSBURGH. June I.—Hogs—Re- ; ceipts. 1.000; market, 5 to 10 cents higher; prime heavies, $11.10©11.20; mediums, t sll 45© 11.50; heavy yorkers, $11.45© 117*0 light yorkers. $11.45©11.50; pigs, sll 25©11.30; roughs, $7©5.8.5; stags. ss© j 5.25. Cattle- Receipts, light; market,’ steady; choice. $s 756(9.25; prime, $8.65© 1 9; good. J.B*d.s 50; tidy butchers, $7.50© 8, fair. $6.50 fit 7.25; common, [email protected];i common to good fat bulls. $3426.50; com- j m**n to good fat cows, $3.50©7.50; helf- | ers, $6@S; fresh cows and springers, s3s© j

JUNE 1, 1922.

75; veals, $11; heavy and thin calves, s7>@ 8. Sheep and lambs—Receipts, 300; market, steady; prime wethers. $7.25©7.75; good mixed, sli©’7: fair mixed, ss@6; culls and commons, $1.50©3.50; good to choice lambs, sl2© 12.30; springers, sl6. RETURNS SHOW M’PARLAND WINS Chosen Head of International Typographical Union. John McParland has been re-elected president of ihe International Typographical I'nion. according to an announcement based on unofficial returns given out from International headqunrt-'rs of the union. The returns also indlca :ed the re-election of J. \Y. Ha vs as secretarytr*'asur*'r. It was announced. Charles P. Howard of Detroit. Mich., probably has been named as first vice president to succeed Walter W. Barrett of Chicago, who opposed McParland for the presidency. The vote for the other candidates stood: Board of Auditors —David W. Baird. New York. 25,893; Peter J. Corcoran, New York, 24.281. Agent Union Printers’ Home—Joe M, Johnson. Washington, 26,406; W. T. Bush, Topeka, Kas., 23,000. Trustees Union Printers’ Home > — McCafferty, Colorado Springs. Col., 27,00*); Seth R. Brown, Los Angeles, Cal., 23,875; Malcolm A. Knock Boston, Mass., 22,656; William T. O’Leary, Boston. 22,478; E. S. Close, Denver, Col., 22,354; Don E. Vanire, Louisville, Ky.. 21,341; aud Anna C. Wilson Washington, 11,896. Three trustees are to be elected. The leading candidates for the five places as delegates to the American F*leration of Labor convemion were Frank Morrison, who is secretary of the federation; Max S. Hayes of Cleveland, Ohio; A. A. Cotlch of Des Moines, Iowa; William Young of Philadelphia, Pa., and T. W. McCullough of Omaha, Neb. For delegate to the Canadian Trades and Labor Cougress, George W. Howard of Winnipeg, led George Murray of Toronto. Negress Falls From Second Story Window Georgia Holman, negress, 138 South West street, fell through a second-story window to the sidewalk withofiit serious results, but cut her arm severely when she broke out a window, she was sent to the city hospital. Police said she was intoxicated. Highways to Get Quarter Million The State highway commission will receive $284,728.76 collected in inheritance taxes for the quarter ending March 31, it was announced today by Ed Kemy, head of the inheritance tax division. CHICAGO PRODUCE. CHICAGO, June I.—Butter—Receipt*, 20.000 tubs; creamery extras. 33%c; standards. 33%e; firsts. 21fii23c; packing stock, 19©20%e: Eggs—Receipt s. 33.100 cases; current receipts, 22%@23%c; ordinary firsts, 22%©22%c: firsts. 23@23%c; checks, 20c; dirties, 20© 209%c. Live poultry—Turkeys, 25c; chickens, 26c; springers. 36© 42*-; roosters, 14c; geese, li ©2sc; dcuks, 23@30e. I BUY and SELL Bank and Trust Cos. Stocks Loral Public utility Securities Duesenberg Auto and Motors Units Great Southern Prod, niul Kef. Stock. NEWTON TODD 415 Lmrk Bldg.