Indianapolis Times, Volume 35, Number 20, Indianapolis, Marion County, 3 June 1922 — Page 11

JUNE 3,1922.

HOUSEHOLD GOODS SALE, i Concluded from Preceding Page. Rugs—Linoleum Imported Japanese grass rugs. $*.25. GOLD SEAL Congoleuru rugs. Ixl2. $13.25. Rug border*. 24 Inches wide. .'8 cents per yard; 36 Inches wide. 51 cents per yard; hall runner. 10 yards. SS.6O. Brussels. Axmlr.sters, velvet and Wilton rue* at lowest prices. _ 207 W. Washington st. Lincoln 5750. FUMED OAK Spanish leather sot davenport, rocker, chair and bookcase desk combination, mahogany music cabinet. Randolph 93*4. GAS PAKGE, 4 chairs, stand, davenport, heater, new mattress, bed and springs. Call Monday. Webster 5180. 2919 Moore avenue. DRESSER, bed spring, mattress, refrigerator. coal range, gas range, bath tub, high speed washing machine. Harrison 1474. FOR SALE —Flve-pie'-e old Ivory bedroom suite; twin beds; box spring outfit; 9x12 rug. Harrison 3254. LIVING ROOM suite; cane and velour; used six weeks. Circle 4452. 324 West Twenty-Sixth street. _ FUMED oak davenport. loose leather cushions. S2O; chair to match, $lO. Wash. 5303, ELECTRIC stove, 2-burner and oven, good condition. Belmont 1179. MUSICAL—SALE OR WANTED. PIANOS TUNED and repaired; ail work guaranteed. ROBERTSON MUSIC HOUSE. 423 Massachusetts ave Main 4531. PLAYER PIANO—Wifi take cheap lot; balance payments. Randolph 422. DOGS. POULTRY. PIGEONS. ETC. FEMALE BOSTON BULL PUP. PEDIGREED RANDOLPH 6035. BUNGALOW bird cage Hand made, $6. Webster 7272. RABBITS f< r sale. IXOS N. Warman ave. Belmont 1*67. CO AI AND WOOD—FOR SALE. BOXES and scrap lumber; 60c per load. MARTIN-PERRY CQRP. BUSINESS OPPORTUNITIES. SHOE repairing shop; the only exclusive store, in a city of 15,000; fully equipped with Champion machinery; al3o 6-chair shining stand; for full particulars write or call at shop. John Li. Moore_ 216 Blackman street, Clinton, Ind. WANTED—To well or trade a part of my property In the Everfiades for a home or email business In Indiana will also lake a partner In the truck and poultry business In the Everglades This is your chance for a winter home and a good place to make money. Write E. SHANABERGER. Moore Haven. Fla.; or 651 West Boone street, Frankfort. Ind. Fowler & Eaton W* have cash customers for grocert-a. rooming house* and other business properties. 301 City Trust. Main 8871. FOR SALE—Two goo 1 business pis es; grocery stock and fixtures; reasonable term*. Call Drexel 8189.

L EGA L N QT I C ES. NOT -TE TO BIDDERS. Sealed will be received by the Board of Sc #ol Commissioners of the City of Indiana* da. at the of the Board at the so* iweet corner of M-ridiftn ar.d Ohio Strc , |n Indianapolis, Indiana, up to 12 o's a noon, June 19. 1922. f*.*r tho purchas om the Board and sale by the Board, private sale, of the following described real estate situated in the City of Indianapolis, Marlon * our.ty, Indiana, and more particularly described aa follows. to-wit : Lots Nos. 14. 15. 16, 17. 18 and 13 In Ballweg &. Co.’s Ray Street Subdivision Os the wpst part of Block A in McCarty Subdivision of the west part of cutlot No. 120 in the City of Indianapolis, a p’at of which Ray Street Subdivision is re'ordfd In Plat Book No. 10 at p. 175; subject to the right* of the Indianapolis Southern Railway Company ar.d of it* succors In title, acquired by .said Railway Company in condemnation proceedings in Cause No. *;92G>. btgun on May 31. In the Superior Court of eaid Marlon County. a£ shown by Order Bo*k N . 252 at pag* s 139, 2 * ar.d 295 of said Court and by a certified copy of the ftr.al entry in said cause recorded in said Recorder's office !n Town Rot Deed Record No. 335 at p. 30, arc subject to the rights, if any. of the Indianapolis Southern Railway Company, ar.d Its successors in title, acquir and by the contra* t for a spur or twitch track between said Railway Company and Ballweg & Cos which contract is da*ed February 17. 1909, ar.d is recorded in the Recorder's Office of said County in Misc. Record No. &0 at p. 280, the plat referred to in eaid contract being records! i n *aii Reorder's Office in Plat Book No. J3 at p. 76. The appraised va.ue of said real estate la as follows to-wit: Ground, exclusive of improvements. 89.053.4 C; improvements. $2,500; total. $11,553.46. The sale will be for alt cash and for a sum not under the appraised value of said real e*ate. Th** Board reserve* the right to reject any and all bids. If Any Md shall be accepted, the bidder “will be advised of its a and be burnished with an Abstract of Title to the premises to he sold, and within ten days after receipt of uch Abstract, the bidder shall pay ail cash, the purchase pries and shall receive a deed of general warranty executed in the name of the Board, by ita president and business director, under Its corporate sea!, attested by Its secretary. If the purchaser shall fall to consummate the purchase because of any objections to the title to, or because of Hens upon the land which the Board ehall not cure, he shall not be stable to the Board, nor the Board to him. lOARD OF SCHOOL COMMISSIONERS OF THE CITY OF INDIANAPOLIS. WALTER J TWINAME. Business Director. Indianapolis, Indiana, May 28. 1922. NOTICE*OF SALE OF MARION COUNTY ROAD BONDS. The undersigned treasurer of Marlon County. State of Indiana, at his office in the Courthouse of blid county, will, up to the h<ur of 10 o'clock in the forenoon of the I9:h clay of June, 1322, receive sealed bid'* for the p* .rchaw* of the following d®cribe*i road improvement bonds, to wit: Jerry Gray al. free gravel road bonds, Ferry own ship. Marion County, Irdiana, in the total prtnrij al sum of $9,000. dated Apr!! 15. 1922. divided Into twenty equal series of one bond each, each bond in the principal sum of $l5O, bearing interest at the rate of 4 Vi per cent per annum, the first maturing, and payable May 15, 1923. and one eeries, principal arjl interest each six months thereafter until all are paid. au , horized by the board of commissioner* of Marion County to provide the funds to pay for the construction of the Improvement of a highway in said Perry Township, petitioned for by Jerry Gray et al. Said bon is will be sold to the highest end best bidder therefor, at not less than their full face value, and if the bonds are not sold on the 19th day of June. 1922, the sale thereof will continue from day to day until all are sold. The right is reserved to reject any and all bids R. A. T.EMCKE, Treasurer of Marion County, Indiana. ~ Jr R~ TO ~n 11 >DK R3 SCHOOL SUPPLIES AND MATERIALS The undersigned publicly posts, from time to time as needed, on the bulletin board of the board o? < omnitesioner* of the city of Indianapolis, at !- offices, 150 North Meridian street. Indianapolis. Indiana, speciflcatlons for divers supplies for schooTs. offices, janitors, domestic s* ien'*e. manual training and office equipment. for materials for repairs to buildings and equipment, viz: Hardware, lumber, plumbirg and electrical supplies; and ash hauling, and sealed bids will be rteelved by th** undersigned for the sals to said board for such supplies and materials until the respective dates named in said specif!* ations. BOARD OF SCHOOL COMMISSIONERS OF THE CITY OF INDIANAPOLIS WALTER J. TWINAME. RALPH D. M’CARTY, Business Director. Purchasing Agent. Tndtanspolts, Indiana. June 3. 1922. FINANCIAL. CONFIDENTIAL Quick Loans UP TO $309 On pianos, victrolas. household furniture and guaranteed notes. Loans payable in S t* 2‘J monthly instalments. Legal charges La.-ed on unpaid balance for actual time used. La ns with other companies paid off and more money advanced. Hours t to 5:30. Saturday# to 1 p. m. Call, write or phone Circle 1-6-6-9. Beneficial Loan Society *Ol National City Bank bldg.

BRISK TRADING MARKS SHOW OF CONFIDENCE Industrials Oils and Motors Conspicuous in Improved Positions. DIVIDENDS EXPECTED Special to Indiana Daily Times and I’hlladelphia Public Ledger. BY MONITOR. NEW YOUK, June 3.—The stock market Friday was characterized by brisk trading In which some of the Industrials, oils and motors were conspicuously strong, with the rails doing little or nothing, and disappointed liquidation made Its appearance In Isolated Issues. The aggregate of transactions was close to a million and three quarters, and the general tone of the market bespoke confidence. Expectations of dividend announcements or Increases shared with merger developments, in the incentives for buying. The action of Midvale served as a reminder tba something more than consolidations are needed to put prices up and keep them there. Uepubllc also was under pressure, but rallied better than its chief associate in the merger. United States Steel took the leadership of tuc industrial group, with an advance to the new high level of 103. Aside from the general Improvement In the steel Industry, there was no news to account for the strength unless It might be Judge Gary's testimony before the Lockwood commission in reference to the position of the big corporations and Us policy toward its competitors. Speaking from the standpoint of groups, the oils made the best showing, although the advances in certain issues appear to he due to special Influences. The streng*b of California Petroleum, which advanced more than seten points, was based on gossip In connection with dividends. Associated Oil. Pacific, Maryland, Royal Dutch, Meviean Petroleum and Houston were among the other active petroleum shares. The prolongation of the coal strike nndoubtedly has strengthened the position of the leading oil companies, particularly those in shape t'> supply fuel oil. Among the strong specialties. were Freeport, Texas. Postuni Cereal. Hydraulic Steel. J. Kayser, Glldden Company and Dupont. The rails did little or nothing, with the exception of s-mie of the specialties in this group, such as Peoria & Eastern and Kutland preferred. There were numerous outs'de news features. The first cotton condition report of the s-aaon showing OS.ti was not con sldered bearish, as it does not indicate a crop equal to the world's consumptive demands Anuoumvment of further action in regard to wages is expected from the railway labor board. Sterling r.dvanced to the highest level reached since July, U>l9. The weekly statement of the Federal reserve system shows a gain In ratio t ■ the basis of 78, which is within four t< nth* of a point of the high record '•ached on March 22. This gives further evidence of the satisfactory money situation and bears out the belief that the previous day's flurry in call money was due to local and temporary causes.

Special to Indiana Daily Time* and PhliadelphiA Public Ledger. By MONITOR. NEW YORK, June 3.—United State# Steel common made nti Immediate and natural response to the testimony before tho Lockwjol commission as outlined In the morning papers. Admission by leading steel men of the commanding position occupied by the United States steel Corporation was responsible for a buying wave, which carried the common stock to IU3. despite the fa 't that it was only last Monday that steel Common sold ex-dividend 1% point!. Burns Brother "A” Is working Into new high ground n~ a reaction to foe recent move In the •■R" issue. The advance to new highs f w the iatter was based on tho generally believed rumor that the *:<>ok was to be put en a $4 dividend basis and inasmuch as the “A’’ stock has priority of $-> per share ov*r the -B’ stock, this would naturally pre-aupposo a sl2 dividend rato fur the "A. Hydraulic Steel !* developing a good market following here and In local commission house circles a 'trice of 20 or better Is mentioned as the goal for the present movement. It is felt that the rec.-nt sale of tho Canton plant to the 1 nlted Alloy Steel Company relieve,l the Hydraulic interests of an unprofitable operation. At tho same time it -s also reported that a merger of Hydraulic with Spicer Manufacturing Company may bo announced In the very near future. i.,tying of Freeport stock nzaln called attention to the stluatlon existlug In the bonds which, advance % points on each point gain In the stock The bonds moved 26 points higher yesterday wish a good class of buying In evidence. Atlantic Const Line Is favored among the high class rallß on tho general theory that this Issue should a’ least hold Its own with Louisville & Nashville. Support for Atlantic Coast Is coming from, interests which have recently be*:u active in the Industrial groups. A speclul meeting of the stoekho'.ders of tho Lafayette Motors Company will be held in New York on June _■>•. to consider and act upon the authorization of the sale of all of the property and asFINANCIAU (CoiUlimed.) NEED LEND SIOO-S2OO-S3OO Investigate our eesy-to-pxy Tuenty-Fayment Plan Ua.is. Get Jf.o. pay bock Jj.so a month. - JIOO, •• *:,.oa " With I ,terest at 3V.'o per month. You pay only for the artual time loa:. runs Interest I# charged only •a the actual amount of cash still outstanding Come in nnd g.-t free Booklet. The Twenty Payment Plan." which describes everything fully. All business confidential. We Loan on Furniture, Pianos. Victrolas, ttc., without removal! Also on Diamonds for or short time. Call, phone or writs Indiana Collateral Loan Cos. (Bonded Lender* > ESTABLISHED 1887 201 LOMBARD BITLDIN'G. 24 Va EAST WASHINGTON ST. Main 335. LOANS " on furniture, pianos, autos, ltv* stock, farm implements oml other collateral. 141 % E. Washington Ft. CAPITOL LOAN CO. Main 0585. Auto Lincoln 7154. WE MAKE first snd second mortgages on •inptoved farms and Indianapolis real estate. AETNA MORTGAGE AND INVEST’T. CO. 60S Fidelity Trust bldg. MONEY furnished on realty mortgage* and contra.-ts. FRANK K. SAWYER. Meridian Life Bldg. 307 North Pennsylvania street. Circle 10*1. FIRST and second mortgages on Indiana and Indianapolis real estate. R. B. WILSON, 1191 Nallunal City Bank bldg. Lincoln 6104. MONEY to loan on second mortgages. L.B. MILLER. 127 K. Delaware st. Main 5782.

sets of the company. This company experienced difficulties at the outset inasmuch as it attempted to bring out a new and expensie car at a time when the major business was in the throes of a general depression. Nearly $1,000,000 In bank loans have been made an<J In addition the Nash Motors Company has advanced to Lafayette about $500,000 in return for which Nash has received about 60 per cent of the Lafayette common. Commission houses here have turned very bullish ou Giidden as a result of the closing of contracts with Ford and with the Anaconda for varnish supplies and whereas market gossip has been placing the earnings at the rate of about $5 per share on the common, this estimate has been nearly doubled. Electric Storage Battery is selling in new high ground for the current year on the general hope that dividends on the new common muy soon be inaugurated at the rate of $4 per share. Directors of the company will meet on June 7 to consider the dividend question, and, while no policy has been outlined as yet. It Is generally regarded as logical that $4 should be expected. May copper sales are now berteved to have been from 200,000,000 to 210,000,000 pounds, of which about 80,000,000 pounds were for export and the balance for domestic consumption. This is the largest single month's business since March, HO), when a total of 320,0t)0,u00 pounds weru sold. Merger of the Atlas Truck* Corporation snd the Selden Truck Corporation is about complete and it is hoped that these tw i companies will form the basis for a combine, which will take the same place in the motor truck world as is occupied l,y General Motors in the pnssenger car field. The organizers of this combine are i.ow negotiating with six other companies. The basis tor the consolidation is the desire to avoid the top-heavy overhead and duplication which now exists in the motor truck field. Stndehaker worked Into new high ground following the statement by A. K Erskiue. president of the company, to the effect that Muy business broke all previous records. 'Production for the month amounted to 10,853 cars, with sales of 1,, ut 11,<M' cars Collections were 817,(iHOoOO. During May. 1921. saleß amounted to but 7.383 cars—Copyright, 1922, by Public Ledger Company.

N. Y. Stock Exchange

;15y Thomson & McKinnon.) —June 3 I’rev. High. Low. Close, close Ad.-It. coni 19 Wj Isl, Aj ix Rubber. . IT-t* 17 t 17 :> 4 18 ! s Allied Chela 70 69L, ISC, 42>, ! AlUs-Chaluiers.. ■i'.H-ii 49',* 49** e'"V Am. Beet 5g..,. 49 47 47 47 Am Bosch Mag. 45% 45% 45% 4'!% • Am. Can 7>1% 6o ■* 51', 50% Am. Car <k Fd 107 100'* 107 100% i Ant Ice lu.s% lus los'4 198%, Am. Ship & Corn. 23 7 , 23% 25-% .... I . v in. In Corp.. 50% 49% 49% 49%' Am. 1 no 110 110 115 | Am. Steel Fd .. s*e'% 38% 38% 38% Am S'.t’ot! ,V H 05% sj 05‘j 05% Am. Sugar Kef. si 80% 80% 81 AIU. S. rob Cos. 42% 42% 42% 43 I Am Tel A Te1..125% 123% 123% 123% Am. \v. oleu 1)3% V 93 93% Anueouda 50% .'4 50 50% Afehion 99% 9‘* % '.♦')% s At. Coast .. .. 105% I<>s 1<5% l'-5 | Atlantic Gulf ...41% 4' n 40% 41 < A. Nichols .... 32% 7.2 32 32% ! Raid. I.ecu 117 115 % 110% 110% P. vV 0 s<-% 50 50% 60 L.-rlt. Steel |B) . 78% 78 7s 78% Brook. lT.pid .. 27% 27 27 27% fnl. p*te *.*•% 67 09 70% Cun. Pacific .. i,.-% 13.8% 138% 139a, (.•a. Leather ... 41% 41'* 41% 41 Chandler 77 7'e s 70% 7*% ; C. AI) 60% 00 00% 00% i M. St. Paui.. 27% 27% 27% 27% C .and. St. P I.fd . 42% 42% 42 V*42% Chi. ami Nor. .. 75% 73 % 75 % 70 iTi U. 1 4i% 44% 41% Chi. K I pfd .. s l * 84 84% 64 Chill C.ppef ..23 22% 22% 23 Com. and 1a0.... 0.8% *‘B% 08% Ciuett A iVa .. 6i> 59 59 Chino Copper . 33 33 33 33 Col. G.IS . I 8-% 87% 88% 8.8%, 1,1 a Cola 09% Os', 08% OH t. us. I, IS 117 110% 117 116% Con. Can 70% 09% 7o'j 09 I'o.'u Products .1u2% 192% lb'2% 1(J2% Crucible Steel .. 70 75% 75% 7'.-'-, Cuban Am Sag. 20% 20% 20% 20% i 'iiliau C ,!.e Sag 17% 17 - 17% 1 • ! -j l*.d A 1 i■ k . . 124 124 121 121% D -me Mines .... 29% 29% 29% 29 Eri- 10% ]>•% 10 , 16% | Erl- 1-t pfd. .. 25% 25 25 25%; Lull. .At .v J... M% 84% B>% 84 i Fano ' Plyrs.. se.-j 85% 85% 55% > (Tk Rubber.... 17 * 4 17 : - s 1 • r *s 1 * - Gen. AM-halt... 07 i.5 7 , (Hi O'',-, General Cigars .7s 77% 77% 77% G. n. Eneotrio • 107 107 107 107% Gen. M-tors ... 15 14% 11% 14% Goodrb h 43% 42% 43' k 43 Great Nor’h. pfd 77 ; s 7'l a * 7*C'* 77 Onut N-rth. Ore 41% 41', 41 ! ' l 41% • , iif Sr-. Steel. . s| 84 84 84'.. Hupp Motors .. 21 2*t% 2’<) 7 i, 2U r # ilon-ton Oil .. 8.5 83 Nt% 82 7 , Iliiiiol.- Central .107% 10*;% 107 10'’% Dtdiahoma 4% 4% 4% 4'-j Ii;-pir.i> lon Cop. 11% -! (% 44 1 - 41', Inter. llarvesterlos% 105% 105% lt)s' 3 Inter. Nlekel .. 17% 17% 17% 1s Inter. Paper ... 53", 52% 52% 52% Invincible OH . 18 7 , Iv% ls% 18 u K-yto;ie Tin . 21% 21% 21% 21% Kely sprng. 7r. 51% 51 51 61% Ken. Copper ... 29 3.8% 39 :,s A , La.-k. Steel ... 77% 77% 77% 77%’ Lee Tr .V Rub.. . 33% 33% 33 33% Lima Loco 113% 112% 112% 111 1 * Lehigh \ alley., 65% 65 %Oo % 0.% Loews, in - 10% 10% 10 i 10% M irtln Parry... 30", 35% 26% 56% Marine coin 25 24% 24% 25 Marine pfd .... 85% 84% 84% 84% Maryland 0i1... 45 , 40% 42 39% Mexican Pete.. .142% 131% 141% 141% Miami Copper.. 31 31 31 31 ! Maxwe'l "A ".. 72% 71 7 i, 71% 71 ! Midvale Steel... 38% 38% 38-% 3s 7 ', Mo-’ ac. 1ty.... 23'j 23 2323', Mo Pac. Hv. pf. 57% 57'i, 57>; 57 Mmit. A- Warn.. 2.17s 22% 23 7 , 23% National Lead.. 95 94>* 94% N. Y Central.. 90% la) -, 90' 3 91 j New Haven .... 32' 3 5.2% 32% 32%; Norfolk vN \V...Ph % R)7% JO7> 3 li.S i North. Pac 70', 7'l’2 70% 70% ■• on Bottle 35% 28% ItS'j 28 ■•acme Oil 68 66* 60% 6S ! 'an Am Pet.... 73 72% 72% 72% Permit. Hv 42% 42 42% 41% People's Gas.... 85% 85% 83% 65 Per* Marquette. 34 33', 23% 8375. i'icrce-Arrow .. li) 7 , 195, 19", 19'*, 1 . r ci. oil Com. bi'a 10'* 10% 10% all. Pal. Car ..122% 122 122 122% pure 0i1337,1 7 , 34% 34", 24' . lty Steel Sps. ...104 104 104 lot Heading 70% 75% 75% 75% ■ Rep. Iron N": S.. 77% 75% 75% 777, Rep logic Steel.. 25 -, 34 % 33's 35 Roy. I> of N. Y. 07 0.5 63% 64% Sears-Roebuck.. 79*4 78% Sinclair 37% 37 37% 37 Sp.su.Sheffield.. 50 50 50 49% South. Pac 90% 90 90 % 90 South. Hv 24% 24% 24% 24% STI.ASF. lty ... SO 29', 30 30 Stand. OH Cal. 118% 110% 117% 117% Stand. OU N. J. 194% 193% 15)3% 195 STLASK con)... 2*9 1 j 28 29 29% Ktewart Vstimer. ,5 45 45 4 4 >% Studebaker. ....12531 154 7 1 125% 1-’ 1 7 , Texas Gas 51 % oU% f)O% 4ii% Texas Coal 32% 32 32 32% Texas Go 50% 41)% 50% 50% Texas Pacific... 23 22% 32% 32% Toll. Prod Hi 80% 80% 80% Trans. Oil 19 18% 18% 19 Union Oil 25 24% 24% 24% Union Pac 139 138% 139 United Drug... 7S 78 78 7S United Fruit 141 141 Ml 141 U S. R. Stores. 07% 65% 66 67 U. S. Custimn P. 34% 31% 34% U. S. In. Alcohol 58 57% 58 57% U. S. Rubber. . 65% 64", 65 61-\ U. S Smelting 44% 44 % 44% 44% j U. 8. steel 102% 102'* 102% 102 j Utah Copper.... 68% tVV', 68% 6.8%; Vanadium Steel. 50% 50 50 50% Wabash 12% 12% 12% 12% Wabash Ist pfd 32% 31% 31% 31% Worthington I*.. 54% 54% 54 54 x ; Western Union 98% 98% 98% 95% West. Airbrake 94'*, 94'.'. 94% Westing. Elec.. 02% 62% 62% 62% White Motors.. 51 50% 51 50% Wlllvs Overland 9% 9% 9% 9% White Oil 10'i 10% 10% 10% Wisconsin Cen. 30% 30 .30 .... Woolwortb 160 160 100 Wilson Os C 0.... 40% 46 46% 46NEW YORK LIBERTY BONDS. —Juno 3.-- Prev. High Low Close Close L R 3%s 100.00 99.96 100.00 100.00 L B. 2nd 4s 09.80 L. B. 2nd 4%s .. 99.96 90.92 99.94 99.96 L. B. 3rd 4%s .. 99.94 99.90 99.94 99.92 L. B. 4th 4%s .. 99.98 99.92 99.94 99.96 1 Victory 4%s 100.60 100.58 100.G0 100.58 I STANDARD OIL OF INDIANA. Sales for the day, S.SDO satires. Open. 119%i high, 119%; low 116%; close, 11784.

INDIANA DAILY TIMES

STOCKS SUSTAIN LATE DECLINES California Petroleum Suffers Loss of 4 Points. NEW YORK, June 3.—The market closed Irregular today. California Petroleum sold down to 67, a loss of nearly 4 points. United States Steel held steady around 102%. Burns Brothers (B) was a strong feature, moving up nearly 3 points to 49%Baldwin Locomotive reacted over 1 point to below 116. Great Northern was In supply, falling 2 points to 75%. Royal Dutch reacted 1% pop. 's to 65%. Government bonds were unchanged and railway ai.d other bonds. Irregular. Stock sales for the day were 370,100 shares; .or the week, 6,445,990 shares. Bend Bales for the day were $6,843,000; for the week, $03,410,000. (By Thomson & McKinnon.) —June 3. New highs in the stock market have been of such frequent occurrence that It attracts no attention such as It did heretofore. Trading continues on a large scale, and the public, being in a friendly and receptive mood, is prepared to follow every suggestion nnd ready to change from one group to another whenever activity is promised. “Merger 1 ’ is now the magic word. It is playing as Important a part as “stock dividend” did In tho lust Mg market, i There are, however, some other subjects that we should consider at this time, because to ignore everything but favorable points may lead to overconfidence, which is always a dangerous element In every undertaking. The Administration at Washington is seriously concerned about the coal strike. I Suppose the sirike continues several months longer. Can you realize what 'the consequences will be and sho effect 1 upon nation s business. j 111 Europe, the old problem Is again I presented by the position taken by the l French government with regard to a I German loan, and thero is n chance that 1 t.he bankers conference may be as unfruitful of results as was tho Genoa conference. And then we iißve the technical situation in the market, wh! 'h was created by the constantly expanding .public account. This phase is, as is usually the case. Ignored and will be until u selling I day comes when ail realize the liupur- ' tunes? of it. ‘ Taking Into consideration everything | favorable and makine full allownace f >v | it we are forced to "The conclusion that more than usual caution is now necessary. TWENTY STOCKS AVERAGE. NEW YORK. June 3.—Twenty Industrial stocks Friday averaged 96246, up .36 per cent. Twenty active rails averaged 85.14, oft .09 per cent. CLEARING HOUSE STATEMENT. NEW YORK, June 3—Exchanges. $8ji2,900,000, balances. $7&,509.000; F.-q. 1 era! Reserve Bank credit baiu;ces, $59, 1)00,000. Money and Exchange Indianapolis bank r -wrings Saturday vviye $3:454,014) am for the week ending Saturday, * .Y.iAb.oOu. Hank debits Saturday were Jo.giH.IMKJ mid for the frl> ending Saturday, $28,754,000. NEW VORK. June 3 Demand Sterling was steady at $4 -IS 116 Fra;. cubes were 9 12%c ; che< ks, 9 12c Lire e.tbl. s were 5 22<-; checks. 521 %o. Belgian bl* s were 5.43 c; checks. 8 42% Guild r cables were 38.03 c. checks. 2* *v> ■ Sw<> den kronen cables were 2595 c; checks, : 25.00 c. Marks were .0036%c. Norway kronen cables wt re 17.93 c, ; checks. 17.88 c. I Denmark kronen cables wera 21.88 c; , checks, 21.83 c. I NEW YORK BVNK STATEMENT. NEW TURK. Jim*?, Wemge Man*. Increased $56,50-B,<*>o; demand deposits, In creased $23,078.0*); lime deposits, increased , $1,895,00P; reserve Inrav-d, $2,980, 820. Actual Loans, ln-r. . .-I $17,083,000; demand deposit, deer -.o i, $2,326,000; time d-pnxif.i. uter.'a- • i $22,064'O"; reserve. In rented, $8.011,750. MOTOR SE( t KITtES. (By Thomson A McKinnon.) June 3. fin**. Bid. Ask. Ear! Motors 3% 4% Packard com 16% 1 s % Packard pfd 88% >9% Peerless 47 51 Continental Mof.TR com .8% 9% Continental Motors pfd 93 97 Hupp com. .. 26% 21% Hupp pfd 103 .. .. Reo Motor Car ':.">% 26 Elgin Motors 2% 2% Grant Motors 1 1% For 1 of Canada 3v> 3o'. Paige Motors 22% _3% Republic Truck Ik li’-j

ACTIVE OIL STOCKS. (By Thomson •£. llcKinn'm.) — 1 'losing nid. .w,. Anglo-American Oil 2-% 2- \ Boriie-Scrymger 3 K > 4'<t Buckeye I’lpe Lin* b"< os Chesebrough Mfg. Con lbs 2'*t ('out. Oil Colorado 1-10 Hi Cosden oil and tin* 5 S Creseen Fltpe Line 35 38 Cumberland I’lpe I.ln* XT?) 110 Elk lidain Pete 1i % l! 7 s Ktireka Pipe Line bobs ('lah-na-Signnl Oil pfd 1 < w> In' Oalenu-Slirnal <*ll com 5 s 82 Illinois Pipe Line IT7 IM Indiana Pipe Lino U 4 bs Merritt OH I.'’;, 12% Midwest OH 2% 3 Midwest Refining 225 Natl ipnl Transit 21) 31 New Vork Transit ITo ISO Northern Pipe Lin e 1"7 Ibb Ohio Oil 303 310 Pern. Mex VO XT’ I’rnirle oil and tins o <54 o Prairie I’lpe Line lit;.'. 270 Supulpa Refining 4*4 4% Solar Refining e... 800 3 so Southern X'ipe Line Hat lot South Penn Oil 238 242 Southwest Penn Pipe Lines. V> 07 Standard Oil Cos. of 1nd.... l!b% X 10% Standard Oil of Kan fait) 580 Standard Oil Cos. of Kv.... 10-l% 101% Standard oil Cos. of Neb X 0 200 Standard Ol 1 Cos. of N. V.... 428 415 Standard <>ll Cos. of Chiu... 400 4SO Swan Ai Finch 30 40 Vacuum Oil 445 4'2 Washlngotn Oil 20 30 NEW YORK Cl lilt MARKET. (By Thomson C McKinnon) -—Juno 3 - -Closing— II hi. Ask. Acme Tacking 53 00 Curtis Aero, coin 4% 5% Curtis Aero, pfil 23% 23% Boston & Montana lb 21 field Held Con 0 8 Jumbo Extension 3 5 International Petroleum.. 20% 20% Kirby Oil 10 12 Nlplsslng OVi 0% Standard Motors 4% 4% Salt Creek 10% IP's Touopah Extension I 15 ! 1% Tonopah Mining 113 101 15 10 C. S Light and Heat pfd 1% 1% Wright Martin 2 5 Jerome 3% 3% Sequoyah ~ 10 Omar OH 111-10 1% Itep. 'Lira 75 82 CTIICAI.O STOCKS. (By Thomson & McKinnon.) —1 une 3. Open High Low Close Am. Shlp’bldg.. 80 Armour Cos. pfd. (18 US 1 /* 08 08 Armour Leather 12% lio pfd 85% Case Plow .... 5 Chi. Rys. pfd... 8% 8% 8 8 Cudahy 04 . 04% 04 04% Com. Edison... .180% 131 130% 131 Con. Motors ... 8% 8% .8% 8% Earl Motors .... 4% 4% 4 4 Llbbv-McNeill . 2% 2% 2% 2% Mont. Ward ... 23% 23% 234' 23% National La, new h Pick & Cos 28% 28% 28% 28% piggly Wiggly. 4<’.a. 47 40% 47 Reo Motors .... 25% 25% 24% 21% Stewart-Warner. 41% 45 41% 44% Swift & Cos 103% 103% 10.8% 103% Swift Inti 20% 20% 20 20 Thompson J. 11. 4tm4 48% 48% 48% Union Carbide 58* 59 58 58% Wahl 14% 2% OX% 02% Wrigley 102% 102% 102% 102% Yellow Taxi.... 73% 73% 73% 73%

j Stock Market Review |

NEW YORK, (Pune 3 Prices still moved ui) on the New York Stock Exchange today under the Influence of growing optimism over the business outlook. Whenever the forward movement In the general list was threatened by profittaking new groups were started on fresh upward swings, so that industrial stocks forged steadily ahead throughout the two hours of trading. This proof of latent buying power was the best possible demonstration of the market's underlying strength. So long as individual groups displayed ability to move toward higher levels, it is evident that the forces behind the ad vance has not been exhausted. While the price movement in the rail stocks has been characterized by some irregularity. trading in this grant) has not been without signs of accumulation. it would he surprising if tho rise in the general market was checked without a rounding out movement la currier issues. SWINE 5 TO 15 CENTS HIGHER Cattle Receipts Very Light —Yea I i Strong. RANGE OF BOG PRICES. Good Good Good Msy Mixed. Hoavy. Light 26 . $lO.lO S 10.75 $ 10.50T10.70 slo.Bo® 10.85 27. 10.80® 10.55 10.65® 10.76 10.8 5® 10.95 2"J. 10.'.1f,® U.oo 10. Sf.® 10.00 11.00 SI. 10. SO 10.624110.75 10.8'J®10.86 J uno 1. 10.60 10 [email protected] 10.60010.6a 2. 10.60 10.5-'010.60 10.600 10.66 3. 10.73 10.65® 10.70 10.75010. 50 With receipts only 8,000 and the demands of both shippers and packers good, swine prices were 5 to 15c higher in trading ou the Leal livestock exchange today. Trading was active, and all of the receipts had been sold before the close of it-- fort n<m. There was a top of $lO 85 on light swine, at which there were a fair number of B'iies, while the tmik of the sales for the uav were made at $H).75 Then were, however, a few suit sos heavy ev. iue at $10.65 Cattle prices were about steady, with receipts around l.’u and speculators about lie- only active buyers. V. .ti.- were s'r.t.’ig goner illy, with ro•o!pf't light at s‘m. the quality good and the shipping d-m mi good There was an ext rame of $1 it>s. while the practical top lor the day was SU. Ther- were only ioo sheep and lambs on th- market, a; 1 the quality was poor. Prices were Weak.

HOGS. Kin to 180 lbs average $10756/1085 i )ver 3"i> lbs jo 65 !5o t- .'v) it>a lie 65'tU0.S3 Rest pigs. Uo6 r .9) lbs Jd7s Top 10.85 Roughs 9 n" i 9 Ml Stags 6 5i",4 773 Bulk of sab a 10.70 t 410.80 —Cattle—--1 "tv ph ; ,> fleers S.2s'iJ 8.30 It P 1 Mfcrs. to |--s • ■ 7.74)1i s 00 Good to dvV : leers. 1.200 ! I 1,5‘t0 p.R 7 2.5JJ 7.M Go > * t . , I,lno til 1.200 1. s 7. MIS 7.23 Good )•• *>.-ts, 1.000 t< 1.1*40 .o'. . 6.25tft 6.73 O • 'll o me 11 ..11 Steers. .SOI to 1,000 5.73(8 6.25 —tows nnd firilcrs—Few choice I. Fers ,8 5.%> 8.73 G , * ; ..... .. ; ;fc.-s 8 >.50 M- l.'im tc if . 7.2- q 7 • ' ui , ui t • ...-• ; ,:.i , 'lfers... 0 7'Xi '* ' : to c.'ioice cows 6 o : -t Ito * 40.., rs 2 75 t 3.75 Cutters 2.34J'ii 5. t0 —Bull*— Fan"? butcher . 6.59% 6.> Ii I ' :■ ut. ’.I r bulls 5 .*)••/ 5.75 It G igna .. ills ;: 75q, 4..4) Light l logo., I . . Fog 4UU JL.-gUt common t.uii* 3 25'i 3.50 —) ui v es— Clinti- veals $0 5i0,i11.Ml Gn,,d oys lo oO ,/10.50 M: :m veils luxi •/ H) no Him • . 4Ve VI, 1 7 nPH 8.50 i b u .• t ichr . .. . 0.50% 7.00 -—Btoelv*-r* umi Fwiefs— Good to ch-d e . -rs under lbs 7.35 M-! 3ii, •■)• 2..t0 i 450 Go -I r,c.vs 4.3",/ .30() '.!■ ed i T rs B.OUO. 7.74) Mi Rum I" g l ; 4 7'. / ti.Oy M..1.U v-'Ws ami springer*... 55 oo U >'.oo —ftheep nnd Enmlt*— < Ui: ewes 1 59<3 2 ti" Go'ui to '5. I .■ ■ i tw *s 2 xi * 3 .50 Rucks 2 •HI';; .4 ell 5 e/i! iings 6> "•> > .’*) >prii,gers 8 .50 q 12 50 Buck i.iml.'.i 4.mi q 5.00 U R s 2.'Joui 3.50

Other Livestock

CJUCAC.O. .Tune 3 -Hogs—Receipts, 55.00; mark- t, ! -a-ly t" lo cents lower; pa •!;!• t - --.vs. 15 25 cents lower; bulk of s;! S, stf 5 p 10.00! top, $10.75; henv!is. $10.0f.5t !0 U. ; mediums sll 504/11.00 ; lights. 810 1)07110 05 ; lUiit lights. Slo.2s'<t 1.0. t’0; pa-king s-uv s>;ii.>. ' h 8b 204/b.7>o, |t:t< kSows, rough, s').b<%/.'.'35 : pigs, .-".I 25i! 10 30. Catth- It. •■•< ipts, 1.000; market. slew steady. Sheep and lambs Reeeipts, 4,500; market, slow and weak. CINCINNATI. June 3. Hogs —Re c.upis, l.t'Oti ;market. steady to Ise higher; t.eavi.-s and mixed. 810.75; mediums, lights and pL, /, #io.*s, roughs. {•s.i-O; stags. 85. 50. Cattle lie 200; market, steady generally; bill!-, weak; • ■iiiies. s7'.* Hi Sli.-.-ri and lambs - Receipts, I.7t"*; market, steady ; ewes, s!' ;5; good to eii.lambs, $144/;15; sec - ; .ilids, SlOfsf 12; culls, sd'ilb. SIOUX O;TV, (own. June 3.—-Hogs It os- dpt*. 5.5 m; mark* t steady ; rattge of pri-v-s, .88.50t.f 10.50; bulk of sale:;, s:‘.bO(jt 10.25. Cattle Receipts, 200; market si end y; compared with week ago, f-d -attic steady ; grass killers, 25c lower; ! good stocks. 25..- higher; others steady.: Sii.vp -Reeeipts, 3,500; market steady; | compared with a week ago, 35e lower. CLEVELAND, June 3. Hogs—Receipts, 2,00<> : market, slow steady; yorkers and pigs, $112.5; mixed and me-I diuuis, sll ; roughs, ssaO; stags, $5.50. Cattle Receipts, 150; market, steady gen - entlly ; good to choice steers. ss-/b; good to choice heifers, sll4/ b; good t>.> choice cow. S.VV(U; fair to good cows, $Kq cottiui/.n cows, $2,504/3.50; good to choice bulls. s4'<tfl; f/ ir to good bulls, $3<R t; inilehers. $.7.• Sheep and lambs Receipts, 500, market, steady ; top, $12.50. Calves Receipts, 200; market, strong; top. $12.50. EAST ST. LOUIS. June 3.—Hogs—Receipts, 8.5//0; market, steady !o 10c higher; mixed mol bulchers, $10(g,10.70; good heavies, s!o.sn%U\tJs; roughs. ss.bo fft.b; lights, $10.50'./11; pigs, slo4tdl>.so; j bulk of sales, $10.5.V(/,’X0.03. Cattle —' Receipts. 330; market, steady ; native beef : steers, yearling steers and heifers, $8.50'./9; cows. [email protected]; stock- 1 era and feeders, $-14(0.50; calves. S34J 1 10.25; eat/tiers and cutlers, $2.50(3.3.50. : Sheep and lambs —Receipts, none, market, nominal . EAST BUFFALO, June J.—llogs Re- ; celpts, LOCO: market active; yorkers, | yorkers, $11.25: pigs, $114(11.25; mixed, ' $11,104/; 11.25; heavies. sll4/11,10: roughs. SSCrI; stags, ss(g,o. Cattle -Receipts, 100;' market niei.e; shipping steers, $8.2541 0.15; butcher grades. $7.75/i/S 75: heifers. $5,004/8; cow’s, 2 504/0.75 ; bulls, sl'./ 5 75; feeders. s(>'-/,7; milk eows and springers, $454/;130. Calves--Receipts, 100: market slow; cull to choice. SR./12. Sheep and lambs—Receipts. 200; market active; choice lambs. sls(f/;l(J: cull to fair lambs, sb(.r 11.50; yearlings, $7(qU3; sheep, s3ft£S, riTTSBUROH, June 3.-%llogs Ilocoipts, 1,5u0; market, steady-; prime heavies, $11; mediums, $11.25; heavy anti light yorkers and pigs, $11.25; roughs, S8 (u. 8.75; stags, $5'a5.50; heavy mixed, sll.lO (011.15. Cattle -Receipts, loss than 100; market, slow steady: choice, [email protected]; prime, sS.Bs(<?i); good, s.B<<js 50; tidy butchers. .$7.5047:8.50; fair. $0.50(tf7.25; fair, $0,504/7.25: couitnon, $54/f>.so; common to good l’at bulls, $34r0.50; coninion j to good fat ci-ws, $3 504/7.50: heifers, $84% 8; fresh cows and springers, $354/ 75., Calves—Receipts, 150; market, about i steady; veals, $11; heavy and thin calves,) ss4xß. Sheep and lambs—Receipts, 300;; market, steady; prime wethers, $7,254% 7.75; good mixed, $0447 : fair mixed. culls and commons, $1.504p5; good to choice lambs, [email protected]; springers, slsl ffill . I

GRAINS CLOSE SHARPLY LOWER Reports of Prospects for Bumper Crop Weakening Factor. CHICAGO, June 8. —Bumper crop, reports from the Southwest caused heavy selling on the Chicago Board of Trade today and the market closed sharply lower, v Provision* also were lower. In sympathy with grains. July wheat opened off le at sl.lß and closed down 3c. September wheat opened off %c at $1.17% and closed off l%c. December wheat opened off %c at $1.19% and closed off l%c. July corn opened unchanged at 61%c and closed off l%c. September corn opened unchanged at 64%e and closed off le. I)e"ember corn opened off %c at 62%c and closed off l%c. July oats opened off %c at 88%c and closed off %c. September oats opened off %c at 40c and closed down %c. (By Thomson & McKinnon). —June 3 Wheat—Each day brings more flattering reports of the outlook for the new crop of wheat, and each day sees no improvement In the export or milling demand Asa consequence, liquidation of holdings has been general and on a liberal scale. Nothing whatever was heard today of rust in the Southwest. On the contrary, the market was confronted with selling by Southwestern houses, some of it attributed to hedging against purchases of the new crop. It was estimated that the Chicago market bought around 259,000 bushels of new wheat to arrive from the country. Ex porters were inactive, owing to the holiday abroad. Buenos Aires market closed 3c lower yesterday, poor demand being featured in the cables from there. Estimates of the Kansas crop range from lou.iHKl.iHii) to 130.0U0.000 bushels, and it was said that one authority, in casual conversation, intimated 140,009,000 bushels. General harvest is now so close at hand that there probably will be no adverse crop news of any importance, on the oth.-r hand, the market will be compelled to accept hedging sales against the new crop, and, unless there ts a material improvement in the export demand there ts not likely to be good support. The situation, at the moment, suggests a further decline. Corn and Oats—There being no developments In either corn or oats to stimulate the demand and the weather Icing construed us favorable, the weak ness in wheat induced liquidation la both corn and oats. Values were susceptible to selling because of the lack of outside Interest and the unimportant demand from cash handlers These mar-k.-ts are in need of something stimulating. which is not to be foreseen at ths moment. Provisions—The material Increase la warehouse accumulations of lard and meats for tho month of May are pot reflected 1 n the market action, as It Is believed these accumulations are well held Today's market has been particularly Inactive, such little selling as there was being taken by packers. CHIC AGO GRAIN TABLE. —Juno 3 WHEAT — Open. High. Low. Close. .7 ill v 1.18 1.18 1.14% 1.15 Sept 1 17% 1.17% 1.15% 1 13% Dec 1.19% 1.197* 1.18 1.18% DORN— July 61 % .61 % .60% .% Kept .64% .64% .65% .63% Deo .... .62 -j .62 ■ .69% .61 % OATS - July..,. .38 >4 .38% .37% .87% Sent 40.40% .39 .39% LA RD Juiv.... 11.49 11.40- 11.35 11.35 Sept 11-67 11.67 1160 11.62 KIRS'— M::iy 11.95 •Sept 11.80 R 5 E - July 99% .99% .96 .96 Sept. . ~ ,00-4 .9o .9. .0.*% •Nominal. CHICAGO CASH GRAIN. CHICAGO, June 3.—Wheat—No. 2 herd winter. $1.17: No. 3 hard winter, ft.l6. Corn —No. 2 mixed, 59%<<?59%c No 2 white, flo<W6o%c; No. 3 yellow. 59% 911V* ..e ■ No 3 mixed. MKiiSO'ko : No 3 yellow. 59 7 <i 59' ~r ; No. 4 mixed. 33c; N 4 white, r 8%f(t5.8%c; No. 4 yellow. 38%e. mi's No 2 white. 37%%41i . N" Swhlto, 36%'U38%c; No 4 white. 35%'<j,30%e. TOLEDO SEED AND GRAIN. TOLEDO, —u tie 3.—Cloverseed- —Cash, *l3 75 • October. $115; December. sll ). Alsike —Cash. sll Ml; August. $1175; Uc!,..r. slll9 Tim "bv Gash. 279; Sep. fetnber $.3 15; October, $3 10. Wheat— Gash $126: Juiv, $1.25: June. sllß Corn Cah. 6V ■'ofld’.o’. Oafs—Cash, 42<g44c. Rye -Cash, 9T%c. Barley—Cash, 68c.

V RIM AK Y MA R K KTS. (By Thomson & McKinnon.) Juno 3. —RECEIPTS— Wheat. Corn. Oats. St Joseph 2.',000 70.000 14.000 ('Men go 4 i, don 399.000 134.000 Milwaukee .. 11,000 135.000 74.000 Mlr.renpol!*... 166 000 97.0110 93.000 Duluth 94.000 68,000 113.000 St Louis 5,H.0'il 127.000 100.000 Tele (bl 7.000 9.000 6,000 Detrn't i'.'M 4.000 4.000 Kins s Citv.. 145.000 129 000 32.000 Peoria 1.000 122.000 86.000 Omaha 12.000 220.000 42.000 Indianapolis.. 26,0ik) 52.000 30.000 Totals 584.(00 1,462.000 678.000 \(-ar ago... 1 ? *wi 1.410,1X10 812,000 —SHIPMENTS— Wheat. Corn. Oats. St Joseph 4.000 86.000 6.000 Chicago 89.1*10 105.000 126.000 Milwaukee ... IT.ooO 602,000 0",0"O Minn 'apoiis... IV.". oeio 3(1.0'*1 175.000 Duluth 136.000 867.000 15.00n st 1 .outs 75.'*00 86.000 51,000 Trde.lo 13.000 1,000 0,000 Detroit 6.000 Kansas Citv.. 142,<i00 23.000 lo.ono Peoria 3.00(1 28.(>(<0 84.000 Omaha 12.(XX) 151.00 44.000 Indianapolis.. 1.000 13.000 14.000 Totals 563.000 1.394.000 552.000 Year ago... 854.000 696.000 306,000 —CLEAR A NCF.S— Wheat. Corn. Oats. New York 26,000 123,000 Boston 224,000 5.000 Newport News 2.000 rp "tnls .. 240 000 26.000 130,000 Year ago... 216.000 184.000 INDIANAPOLIS CASH GRAIN. •—June 3 Rids for car lots of grain and hay at the call of tho Indianapolis Board of Ti.--'" were: Wheat—Easy: No. 2 red, $1.24(31.23%. G No 3 white. 6(%(f?61 %o; No. 4 white. 59%(®60%e; No. 3 yellow, 59%rtiG0%c: No. 4 yellow, 58%(/T59%e: No. 3 mixed. 68%59c; No. 4 mixed. 57® 58c. ()a!s—Easier: No 2 white, 40®40%c; No. 3 white. 38!7®39c. Hay—Steady; No. 1 timothy, sl9 50® 20: No. 2 timothy, sl9® 19.50: No. 1 light elnvr mixed, $18.50® 19; No. 1 clover, s2o® 21. —lnspections Corn—No 2 white. 1 car; No. S white. M enrs; No. 4 white. 13 ears; No. 3 white. 7 cars; No 6 white. 1 ear; sample white, t car: No. 2 yellow. 3 ears: No. 4 yellow, 11 ears; No. 5 yellow, 1! i oars: No. 6 yellow, 8 cars; sample yel low, 2 cars: No. 3 mixed. 1 car; No. 4 mixed. 1 car; No. 6 mixed, 1 car; total, ; 71 ca rs. Oats —No. 2 white. 2 cars; No. S white, 20 cars; No. 4 white, 2 ears; total, 24 on rs. liny—Packing hay, 1 car. BOARD OF TRADE STATEMENT. Tile weekly statement of the Tndianapo-i !1s 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. June 3, 1922 P.IOO May 27, 1922 8,2381 Juno 4, 1921 3.186; June 5, 1920 6.891 . •—Bushels— > Inspections for Week— 1921. 1922. Wheat 14.0 U) 1.000 Corn 410.000 67.000 Oats 250.000 74,000 > lty,. 3,000 Hay—s cars. STOCK IN STORE. Wheat. Corn. Oats. Rye. •Tune 3. 1923.. .70.000 236.000 144,(Hk) June 4. 1921....60.340 440,800 254,560 3.500’ June 5, 1920 71.940 280.890 137,420 5,210'

Weather

The following table shows the state of the weather at 7 a. m., June 3, as observed by U. 3. Weather Buireaus: Station Bar. Temp. Weather Indianapolis, Ind. . 29.92 64 Cloudy Atlanta, Ga 29.94 68 Clear Amarillo, Texas.... 30.08 66 Cloudy Btsinarck, N. D.... 29.94 06 Cloudy Boston, Mass 29.94 64 Rain Chicago, 111 29.93 62 Clear Cincinnati, 0 29.92 64 PtCldy Cleveland, 0 29.90 68 Cloudy Denver, Colo 29.98 62 Clear Dodge City, Kan. 30.08 56 Clear Helena, Mont 29.96 60 Clear Jacksonville, Fla... 29.96 76 Clear Kansas Citv. M 0... 30.04 60 Clear Louisville. Ky 29.94 63 PtCldy Little Rock. Ark... 29.98 68 Cloudy Los Angeles, Cal... 30.00 56 Cloudy Mobile, Ala 29.92 72 Clear New Orleans, La 29.90 76 Clear New York. N. Y.... 29.90 64 Cloudy Norfolk Ya 29.94 70 Cloudy Oklahoma City .... 30.08 60 Clear Omaha, Neb 30.06 63 Clear Philadelphia, Pa.. 29.80 70 Oloudy Pittsburgh, Pa 29.80 62 Rain Portland, Ore 29.94 68 Cloudy Rapid City, S. D... 29.96 68 Clear Roseburg, Ore 30.00 52 Cloudy San Antonio, Tex.. 29.96 66 Cloudy San Francisco, Cal. 30.02 52 Clear St. Louis, Mo 30.02 60 Clear St. Paul, Minn 29.98 54 PtCldy Tnmpa, Fla 29 96 78 Cloudy Washington, D. C... 29.52 T 4 Rain WEATHER CONDITIONS. Since Friday morning showers have oocurml in the eastern States, in Texas, and in a belt along the .Mississippi River, hut elsewhere throughout the country the weather has been generally fair. The temperature changes liave not been decided over large areas, and the readings are now moderate for the season in most districts. CORN AND WHEAT BULLETIN. For tho twenty four hours ending at 7 a. m„ Saturday, June 3. 19472; temper ature s Stations of v j _ “j!fi Indianapolis _ i 4r _§ ►> District. Tc'l-i-fv £-2 filS'li-al I** -f 5* s 4 sl £§“ South Bend j7B: 52 | 0 | Angola i77 57 i 0 i Good Ft. Wayne j7o’ 5S 1 0 j WbeatlPld i79! 55 j 0 'Good Royal Center ...I 76 54 i 0 'Good Marion 73 156 | 0 1 Good Lafayette SO i 58 0 ! Good Farmland 75 ! 52 0 1 Good Indianapolis ....j 78 62 j 0 'Good Cambridge City 177 52 j 0 ' Good Terre Haute ... J 8 0! 68 ! 0 j Bloomington ....I 84 159 j O' Good Columbus iB2 57 I 0 : Good Vincennes 84 60 0 Paoll j7B 59 ( 0 i Good Evansville jß2j 62 j 0 j J H ARM! NGTON. Meteorologist. Weather Bureau.

In the Cotton Market

j NEW YORK, .Tun 3 —Th cotton mar- ! ket opened quiet today with trading ; mixt/d and prices 4 points higher to 1 ' point lower. I Wall Street was a buyer to cover shortages. Commission houses sold, and spot ! houses bought July, but sold October. The weather showed signs cf clearing | over the ennre cotton belt. New York cotton prices—July, 20.90 c; Auguts. 20.77 c; October. 20.58 c; December. 20.39 c; January, 20 17c; March, 10.90 c; j May. 19.86 c. . ' 'I he cotton market closed fairly steady, : being 5 points lower to fi pciuts higher. —Cotton Futures Open. High. Low. Close. i January 20.17 20.28 20.06 20.15 March 19 96 20 10 19.94 19.97 j Muy 19 86 20.01 19 86 19.90 July £0 90 20.92 20.59 20.( i October 20.58 20.64 20.41 20.41 December 20.39 20.46 20.23 20.23 ! Local Stock Exchange —June 8—• STOCKS. Bid. Ask. Ind. Ky. & Light com 67 ! Ind. Ky & Light pfd 82 Indpls. St. Kv 60 55 i Indpls. N. W. pfd 60 Indpls. & S E pfd 60 X. H . T. & I, pfd 74 'T. H , I A E. cem 1 T. 11., 1. & E. pfd 5 U. T. of Ind com 3 j U. T. of Ind. Ist pfd ' 6 j U. T.of Ind. 2d pfii 1 5 | Advance- Kumely pfel ; Advance-Rumely com 17 ... | Am. Central Lite 200 ... j Am. Creosoting pfd 94 ! Kelt. R. R. pf 1 50% ... i Belt .It. R. com 60 Century Bldg. Cos. pfd 93% ! Citizens Gas Cos 21% 22% City Service com 229 234 1 Citv Service ('<■. pfd 64 63 Dodge Mlg. pfd Home Brewing 48 ... Ind. Hotel com 87% ... i Ind. Hotel Cos. pfd 99 Ind. Nat. Life ins. Cos 2 ... Ind. Title Guarantee 50 I Ind. IMpe Line 93 ... i 1 tipis. Abattoir pfd 45 i Indpls. lias 43% ... t Huipis. Tel. pfd 90 ... j Indpls. Tel. com 2 7 j Mer. l*ub. Util, pfd 48 ... ; Nat. Motor Car Cos. ... 1 3% | Fub. Ba\ings Ins. Cos 6 ! ltauh Fert. pfd 47 Stand. Oil of Indiana". 118% ... ; Sterling Fire Ins. Cos 7 Van Camp llwil. pfd 90 Van Camp I’rod. Ist pfd.... 97 100 Van Camp Fred. 2d pfd ... Vandalia Coal Cos. com I 5 Vandalia Coal Cos. pfd 7 12 Wat.. Ky. pfd 31 Wab. lty. com 11% ... BONDS. Broad Ripple 5s 62% 67% j Citizens Bt. Ky. 3s 82 . Indian Creek Coal & Mines Cs ... IrtO Ind Coke & Gas 6s 86 : Indpls. C. & S. 5s 91 Indpls. A Martinsville 5s 58 Indpls. & North 5s 43% 46 Indpls. St. Ky. 4h .......... 65 70 I ndpls. A’ N. % . 05.......... 53 58 . Indpls. A- S E. 5s 40 ... i Indpls. Shelby. & 8. E. 55.. 65 ... ! T. 11., J. A E. 5s 04 ! Citizens Gas 5s 85 1)0 i Indpls Gas 5s 85 ... ! Kokomo M. A W. 5s 88 01 Did Hotel Cos 6s 99% ... Indpls. Water 5s 96 100 i indpls. Water 4%s 81 ... , ] Indpls. T. & T. 6s 81 ! I nil')-. L. A 11. 5s 91 94 ! I . T. of Ind. 6s 56 Mer. H. A L. 5s 99% ... New Tel. L. D. 5s 97 1 New Tel. Ist 6s 97 ! South. Ind. l’ower 6s 86% 91% INDIANAPOLIS PRODITR Eggs—Fresh, 22c. Butter—Packing stock, 10@l7c. Poultry—Fowls. 19(a}23c; leghorn fowls. 15c; broilers. 1% to 2% lb. size, 40c; broilers under 1% lbs, 35c; leghorn broilers at discount; cocks, 13c; stags. 13e; young hen Dirks, 8 lbs and up. 2Sc: old tom turks, 23c; young tom turks. 12 lbs up, 28c; cull thin turkeys not wanted; ducks, 4 lb a and up. JtKftlTc; geese. 10 lbs ami up. 12o; squabs, 11 lbs to dozen, ss.soCiio; old guineas, per dozen. $3 Butter—l.ocal dealers are paying 35(3 30e per lb for butter delivered in Indianapolis Butterfat—Local dealers are paying 35c per lb for butterfat delivered In Indianapolis. HAV MARKET. The following are the Indianapolis prices for hay, by the wagon load, delivered In Indianapolis; llav Loose timothy, $18(g20; mlxofl hay $18((jl9; baled hay, slS@l9. Oats—New, per bushel, 42<345c. Corn—Both old and new, per bushel, 63 <3 68c. WAGON WHEAT PRICES. Indianapolis flour mills and elevators yesterday were paying $1.17 per tusheli for No. 1 red winter wheat; $1.15 for No. 2 red winter and according to tost for No. 3 red winter. CLEVELAND PRODUCE. CLEVELAND, June 3.—Butter—Extras. 40%(jri:41e: prints. 41%@42c; firsts, 39%(340c ; packing stock, 17@19c. Eggs— Fresh, 27%c; Ohio firsts. 24%c; Western firsts, 24c. Poultry—Live fowls, 27<&28c; roosters,

BROKERS HAVE BETTER BOARD Brokerage Firm of Thomson & McKinnon in New Quarters. When tho brokerage firm of Thomson & McKinnon moves Into Its new quarter* this afternoon, Indianapollß traders la stocks, bonds and securities will have one of the finest and best quotation* boards in the United States at their com. rnand, according to A. W. Thomson, senior member of the firm. The new board, which has been la process of installation at 300 to 308 Fletcher American National Bank Building for the last three weeks, Is almost fifty feet long. The slocks and bonds will be listed in groups, such as rails, industrials, coppers, etc., whereas quotations on the old board ran only In alphabetical order. Special lighting fixtures and devices are also features of the board. The installation of the new board marks the forty fourth year of Mr. Thomson’s career In tne brokerage business. With the exception of nine months, all of this time has been spent In business In Indianapolis. Tho firm Is moving from another suit* of offices In tho same building. The firm has wire connections with almost every city of importance in the country, and also has offices In New York, Chicago, Minneapolis, St Paul, Kansas' City, South Bend, Evansville, Fort Wayne, Muncie, Lynchburg, W. Va. The firm holds memberships in the Indianapolis Stock Exchange, New York Stock Exchange, New York Produce Exchange, New York Coffee and Sugar Exchange, New Orleans Cost s on Exchange, Chicago Stock Exchange, Chicago Board of Trade, Minneapolis Chamber of Commerce and Winnipeg Grain Exchange. Business Failures Are on Decrease NEW YORK, June I.—Business failure In the United States durlnj; April numbered 1.948. the smallest total of any of the last four months, according to the Commercial and Financial World. From the peak of 2,722 reported In January thi re was a drop of 28 per cent, but the aggregate Is still large, being 38 per cent ab -ve the total of April last year. BradMreet’s. In a summary of the situation. says the total number of failures for the last montn “marks a decrease of 6 per cent from the short month of F. bruary, but it la over four times the total rolled up in April. 1919, a low-water mark year in business casualties. Liabilities for April were $72,553,740, and increase of 20 per cent over March and 43 per cent over April a year ago, hut a decrease of 31 per cent from the total for January. As for over a year past, the South leads In number of failures, reporting 583, or 29 per cent of all, In April this year, ns against 431, or 30.5 per cent of all reported in April a year ago.” Failures for the four months of 1922 number 9.069. an increase of 42 per cent over the total for the like period of 1921 and 16 per cent over the first four months of 1915. Liabilities for the first four months of this year total $302,763,847, an Increase of P 6 per cent over the hitherto record total for that period set up la 192 L

Business Outlook for Year Is Good ' A comparison of the conditions under which the United States entered the year 1922 with those of the corresponding year of the proceeding century is such as to give us renewed confidence In the industrial and commercial future of our | country, says tho “Trade Record” of the i National City Bank of New York. The population, which in IS'22 was less than 10,000,000. Is now better than 107,000,000, or more than ten times that of a • century ago, while the population of the | world, as a whole, has Increased but i about 159 per cent In the meantime. ; uur international commerce, even In ths 1 present moment of depression. Is sixty ; times as much as that of a century ago, 1 having grown from $109,000,000 In 1821 j to nearly $7,000,000,000 in 1921, while ln- ’ ternatioual commerce of the world in 1921 totals forty times that of a century ago, j when it stood at $1,650,000,000. CHICAGO FKODrCE. CHICAGO, June 3.—Butter—Receipts, 21,731 tubs; creamerj- extras, 35c; standards. 35c; firsts, 31'i34e; packing stock, 19%'ff 20%c. Eggs—Receipts, 23,13Lcases ; current receipts, 22%!g23c; ordinary firsts, 21%(522e; firsts, 23<§.23%c; extras, 25c: checks, 20c; dirties, 2t)(s2o%c. Live poultry—Turkeys, 25c; chickens, 23%c ; ppring’ers, 23@3Sc; roosters, 14c; geese, 13 (225 c; ducks, 20(fj3Oc. WHOLESALE BEEF PRICES. The following are today's wholesale prices for beef cuts as sold on the Indianapolis markets of Swift & Cos.: Ribs— No. 2. 17c; No. 3.14 c. Loins —No. 2,23 c; No. 3.19 c. Rounds — No. 2,15 c; No. 3, 14c. Chucks —No. 2. 10c: No. 3.9 c. Plate* —No. 2,7 c; No. 3,6 c. Springfield Rotary Kills 'Sweet Adeline* SPRINGFIELD, 111.. wTuue 3.—Sweet Adeline Is no more—lnsofar as Springfield Rotarians are concerned. Having become tifo closely attached to that well-known verse the club decided ou Its demise. One of the members dressed as “Sweet Adeline” entered a meeting to bid an affectionate farewell before being "shot." An undertaker placed the body on a funeral truck while a minister delivered a touching sermon over the remains. “Swoet Adeline” wa* laid away never to bo revived. Nebraska Association Wins Bull for Prize WASHINGTON, June 3. —The prize bull offered by a breeder of pure-bred cattle near Lincoln, Neb., to the first organized In Nebraska has been won by Sauitders County, where an association luvs Just been formed, according to the Department of Agriculture. When the Saunders County Bull Association incorporates, or is ready foe business, it will be given tho prize bull.

We Own, Offer and Recommend First Mortgage 6 y 2 % Five-Year Coupon Notes SSOO Each This issue of $25,000 Is secured by first mortgage on fee simple ownership. 63 acres of land on 34th St., 2 miles east of Indiana State Fair Ground, valued at $52,000. Price 100 and Intereat. Yielding Fletcher American Company 2nd Floor Fletcher Americ*n Bank Bldg* INDIANAPOLIS Chic*go Detroit loutsvills South Bend PrtfU Wirt to Principal Mtrkjh

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