Indianapolis Times, Volume 35, Number 50, Indianapolis, Marion County, 8 July 1922 — Page 11

JULY 8, 1922

GERMAN MARKS .FALL TO LOWEST POINT OF TIME Prospect of Bankruptcy in Nation Occasions Stir on Street. STOCK WEAKNESS FOLLOWS Most Issues Take Decided Toboggan Just Before Close of Day. By United Financial TWENTY STOCKS AVERAGE NEW YORK. July S.—Twenty Industrial ! stocks Friday averaged 94.63, up .66 per cent. Twenty active rails averaged 87.16, oil .42 per cent. NEW YORK, July B—Demoralization of German politics, with the mark making anew low for all time at .0018, and with the prospect of German bankruptcy, affected sentiment of the Street and the stock market after an Irregular opening, today developed weakness, most stocks declining decidedly toward the close. Feeling in the Street recently has been bullish on the whole, and particularly on the rails. pointed out by the Wall Street editorially, indications on the average are distinctly bullish. Industrial Average Down. Following the secondary reaction, which brought the Industrial average dbwn from 96.41 on May 29 to 90.70 on June 12, and the railroad average from 86.83 to 81.81 in the same period, the railroad average has made a new high, while the industrial average on July 7 rallied to 94.63, a recovery of nearly four points. So far as these figures go, they point to a reduction of the major upward movement, but the two averages must confirm one another*to give a positive indication. In other words, the twenty industrials stocks must sell at an average of 96.42 or better. CLEARING HOUSE REPORT NEW YORK, July B.—Exchanges. $847.600,000: balances. $79,400,000; Federal Reserve Bank, credit balances. $56,400,000. MONEY AND EXCHANGE Imlianapolis bank clearing* Saturday were $3,145,000: for the week ending Saturday, 318.335.000. Bank debits Saturday were $6,821,000: for the week endins Saturday. $32,131,000. By United Financial NEW YORK, July B.—The foreign exchange market closed steady today. Demand Sterling. $443 % : cables. 54.44\. Francs, demand. 7.81 %c: cables. 7.82 c. Lire, demand. 4.40‘,4c: cables. 41c. Belgian francs, demand. 7.52 c: cables. 7.52 tic. Marks were ,0019 c. Greek drachmas. 3.04 c: cables, 3.060. Swiss kronen, demand. 19.13 c: cables. 19® 15c. Guilders. demand. 19.13 c: cables. 19® 15c. Guilders, demand. 38.82 c: cables. 38.870. Pesetas, demand. 16.63 c: cables. 15.65 c. Swedish onen. demand. 25.85 c: cables. 25.90 c. irway kronen, demand. 21.55 c: cables, .55: cables. 21.60 c. N. Y. BANK STATEMENT NEW YORK. July B—Average: Loans, decreased $3,551 000: demand deposit, decreased $100,867,000: time deposit, increased $76,623,000; reserve, decreased $9.917,970. Actual: Loans, decreased $48.350,000: demand deposit, decreased $98,466.000: time deposits, increased $19,012.000: reserve, increased $21,040,000. NEW YORK LIBERTY BONDS ■ ■ July 8— Prev. High Low Close Close L B 3% . . .9.100.36 100.24 100.24 100 38 L B Ist 4s 100 36 100.30 . L B 2d 4s 100.10 100.06 I L B Ist 4445.100.30 100.24 100.30 100.36 1 L B 2d 4 44 s. .100.10 100.08 100.10 100.14 ( L B 3d 4%..100.18 100.12 100.18 100.16 L B 4th 4 Us. 100.46 100.24 100.26 100.32! Victory 4%s .100.52 100.50 100.52 100.50 j MOTOR SECURITIES (By Thomson & McKinnon) —July 8— —Closing— Bid. Ask. Earl Motors ...............—... .., 3*4 4 Packard com .................. 15 15*4 Packard pfd 85 87 Peerless 49 60 Continental Motors com .... 8 844 I Continental Motors pfd ....... 90 95 Hupp com 1944 19% | Hupp pfd .................. 105 ... Reo Motor Car ................... 27 44 274. i Elgin Motors . ... ... ........ .. 2 2*4 Grant Motors .... ... . ...... 1 144 Ford of Canada ............410 425 ! National Motors 3 5 Federal Truck .............. 18 22 Paige Motors .. . ... 2144 22 44 , Republic Truck 11 1144 ACTIVE OIL STOCKS (By Thomson A McKinnon) —July 8— —Closing— Bid. Ask. Anglo-American Oil ....... 20 20 44 Atlantic Lobos ............ 944 10 Borne-Scry rnser 380 400 Buckeye Pipe Line 94 96 Chesebrough Mfg Cons 185 195 Continental Oil. Colorado ...135 145 Cosden Oil and Ga 5......... 6 18 Crescent Pipe Line ......... 85 38 Cumberland Pipe Line ......135 140 Blk Basin Pete 10*4 10 44 Eureka Pipe Line 90 93 Galena Signal Oil pfd .......100 105 Galena-Signal Oil c0m.... 55 57 Ellnois Pipe Line 170 176 Indiana Pipe Line ......... 89 92 Merritt Oil ... 9% 944 Mid west Oil 2 4 Midwest Rf? 200 National Transit .......... 26 27 New York Transit 165 176 Northern Pipe Line 98 102 Ohio Oil .......305 310 Oklahoma P&R.......... 8 10 Penn-Mex 40 45 Prairie Oil and Gas ........600 610 Prairie Pipe Line .......... 248 250 Sapulpa Refg ............. 4*4 4% Solar Refining 360 380 Southern Pipe Line ........ 93 97 South Penn Oil ........... 217 225 Southwest Penn Pipe lines.. 62 64 Standard Oil Cos of Ind 114 44. 114% Standard Oil Cos of Kas 540 560 Standard Oil Cos of Ky 96*4 97 Standard Oil Cos of Neb 185 195 Standard Oil Cos of N Y 439 442 Standard Oil Cos of Ohio .....440 460 Swan A Finch 35 45 Vacuum Oil 415 420 Washington Oil 22 28 INDIANAPOLIS PRODUCE Eggs—Fresh. 19® 20c. Butter—Packing stocks. 18® 19c. Poultry—Fowls. 16® 20c: leghorn fowls. 15c; broilers. 1 % to 244 lb size. 34c: broilers under 1% lbs.. 12c stags 12c: young hen turks. 3 lb. turks. 12 lb*, up. 28c: cull thin turkeys not wanted: ducks. 4 lbs. and up. 15c: geese. 10 lbs. and up. 12c; squabs. 11 lbs. to dozen. S6; old , guineas, per and zen. $3. Mfeßutter —Local dealers are paying 37038 c JEr lb. for butter delivered in Indianapolis. Butterfat —Local dealers are paying 36® ■ 88c per lb. tor butterfat delivered in Indir anapoiis. - FINANCIAL. WK MAKE first and second mortgages on Unproved farms and Indianapolis real estate. AETNA MORTGAGE AND INVEST’T. CO. 608 Fidelity Trust bldg. FIRST and swond mortgages on Indiana and Indianapolis real estate. R. B. WILSON. 1101 National City Bank bldg. Lin- i coin 6104. MONEY furnished on realty mortgages and contracts. FRANK K. SAWYER. Meridian Life Bldg.. 307 N. Pennsylvania street. Circle 1051. MONEY to loan on second mortgages. L. B. * MILLER. 127 N. Delaware at. Main 5762.

' New York Stocks (By Thomson & McKinnon.) —July 8—

Prev. High. Low. Close. close. Railroads— Atchison ...101% 101 101 10144 B & O 5144 49% 50 61 Can Pacific .140 13944 13944 14044 C & O 6844 68 68 68*4 C & N W Ry. 77 76% 75% 76% C, R 1 & P.. 44 44 43*4 43%' 44 44 C & G W. .. 9 8% 9 9 Del A Lack .128 127 44 128 12744 Erie 16% 16% 1644 16% Erie Ist pfd. 2444 2344 2344 24% Gt Nor pfd. 80% 79 44 79% 80% 111 Central..loß 108 108 10844 Kas City So. 26 44 26 25 26 44 Lehigh Val . 65 64% 64% 05% LAN 13244 12944 130 13314 N Pacific .. 22% 22 44 2244 22% Mo Pac pfd.. 65% 55 44 65 44 55% N Y Central. 96% 94*4 94% 96% NY.N HAH 3144 30 30% 31% North Pac ..77% 76% 76 44 77*4 Nor & West. 108% 108% 108% 109% Penn 44 44 44 44 44% Reading 76 76 75 76 South Ry ..25 24% 24% 25 50 Pacific .. 90 44 90 90 80% St Paul 28*4 27% 27% 28% St Paul pfd.. 44% 43 43% *4% StL&SWp47% 47% 47% 47% 51 L & S r R 29% 29 29 29% Texas & Pa. 29% 29 29 30 ' Union Pa .. . 141 % 140 % 140 % 141 % Wabash ... 13 44 12% 12% 12% Wabash pfd . 32 31 % 31 % 32 West Pacific . 20% 20 44 2044 20% Rnbbers— Ajax R 16 Fisk Rubber 15% 15*4 15% 15% Goodrich R. . 39% 39 39 39 4* K. Spring. .48 47% 47% 48% K. T. & R. C. 16% 15% 15% 16* U. S. Rubber 63 614a 61% 63% Equipments— Am. L0c0...112% 112% 112% 113% Bald. Loco. .115% 113% 113% 115% Gen. Elec. ..618 168 168 168% Lima Loco. .107% 106% 106% 107% Presed S. C. 77 77 77 77*4 West. Elec. .59% 69% 59% 59% Steels— Beth. "B" .76% 75% 76 76% Colo. Fuel 31 31 31 31 Crucible 73 % 72% 73% 74% Gulf States.. 81 78*4 79% 80% Lackawanna 76% 75 44 75% 74*4 Midvale ... 34 44 34 34% 34% Otis 12% 12% 12 4? 13 Replogle ... 33 314? 31 % 32 Rep. I. & S. 72 71 71% 72 8. Sheffield.. 45% 45 45 45% U. S. Steel . 99% 98% 98% 100% U. S. S. pfd.,122 133 122 122 Vanadium .. 46 45 45 46 Motors— A. B. Mag. 4l 4s 41% 41% 41% Chand. M. . 71 70 70 71 Gen. Motors. 14% 14% 14% 14% Hud. Motors 23% 82% 22% 23*4 K. Wheel . . 95 % 95 % 95 % 96 % Max. M. “A” 67% 60% 67 67% Hupp 19% 19 44 19 41 .... Max Mot "B” 23 22% 22% 23% Pierce-Arrow. 19% 19% 19 4s 19% Studebaker .134 131% 131% 134% Stew-Warner. 44% 44% 44*4 44% Wlllys-Over.. 8% 8% 8% 84> Mining*— Int Nickel ..16% 16*4 16% 16% Tex G and 8 46% 46% 46% 46 4a Copper*— Am Smlt.... 62% 60% 60% 62% Anaconda .. 53% 52 62% 53% Chile Cop... 22% 22% 22% 23 Inspiration . 42 41 % 41 % 41 % Kennecott 3...6H 35% 35% 36 4a COTTONSEED MARKET WEAK Pressure of New Crop Adds to Effect of Favorable Weather. By United Financial NEW YORK, July B.—Cottonseed oil sales today were 5,000 barrel*, with the market decidedly weak and 10 to 20 points lower. Selling through refiners, brokers and commission houses, pressure of the new crops from the South, and good weather in the cotton belt caused a drop of 12% to 15 cents in lard. The latter market was influenced by talk of German calculation. There were no oil deliveries on contracts, and while cash trade showed some betterment the past few days, this demand has again fallen off. Local shorts were good buyers, butj pressed the market on bulges. There were some sales of deferred shipment of new crude a day or so ago at 6% cents Texas, but 7 cents is asked. 1 Old crop Texas crude sold at 8% ; cents yesterday, and September ship- ! new new crude at B%c. Old crude in ! the Southeast is 8% cents bid. Open. Close July 10.75® 10.90 c ! August 10.70® 10.78 c 10 58® 10.63 c ; I September .. 10.07010.70 e 10.57® 10.39 c October .... 10.12® 10.13 c 10.04 2X0.05e November .. 8.83® 10.86 c 8.75® 8.78 c December ... 8 68® 8.71 c 8.58® 8.59 c January .... 8.60® 8.66 c 8.50® B.Boc February ... 8.66® 8.72 c 8.60® 8 65c Spot 10.65® 11.00 c MEXICAN OILS MAKE GAIN Reversal of Trend During Last Few Days on Curb Market. By United Financial NEW YORK, July 8. —The curb j | market today reversed its trend of the last few days and Mexican oils gained slightly while domestics lost j some of their gains. ' J Mexican Seaboard free shares closed up % and the voting certificates up ; 1%. Standard Oil of Indiana, however, closed off 4. Motor stocks were strong. Reo closed up *4 and Willys preferred up : 4%. Packard went to 15 on small j sales. NEW YORK CURB lßy Thomson A McKinnon) —July 8— Closing Bid. Ask. Acme Packing .......... 43 47 Curtis Aero com 3% 5 Curtis Aero pfd ......... 23 % 25 Boston A Montana ....... 15 16 Boston & Mont C0rp..... 80 82 Goldfield Con ........... 6 8 Jumbo Extension ........ 3 5 Kirby Oil 6 7 Nipissing 644 6 Standard Motors 4% 5 Salt Creek 18% 17 Tonopah Extension 1% 1 11-16 ! Tonopah Mining 1% 1% United P S new 7% 7% U S Light and Heat 13-16 1% 11. S. Light and Heat pfd.. 1 9-16 1 11-16 I Wright-Matin 2 6 Yukon Gold Mine Cos 85 100 Jerome 3% 3% | New Cornelia 18 19 United Verde 27% 28 Sequoyah 2 10 Omar Oil 2% 2% Hep Tire 60 70 CHICAGO STOCKS (By Thomson & McKinnon) —-July 8— Open High Low Clo9e Am Shipbuild. 70 ... ... ... I Arm & Cos pfd 97% 97% 07% 97% | C Cty &CR pf 7*4 Com Edison .130% 131 130% 131 I Con Mot 8% 844 8% 8% j Dia Mtch ..115 116 115 116 ! Earl Motors. 3% 8% 3% 3% j Libby-McNel .2 ... ... ... | Ifiek &Cos .. 26 Pig Wig A.. 43 43*4 42% 42% Reo Motor.. 27% 27% 27% 27% Stew-Wamr . 44 % ... ... ... Swift & C0..101% 101% 101 101 i Swift Inti .. 19% 19% 19% 19% j Thrnpsn J R. 48% 48% 48 48 * Un Car & Car 65 % 55 % 55 % 53 % Wahl 60 % 60 % 69 59 ' Wrigley .... 102 % ... ... ... Yellow Taxi . 71 % 72 71 71 CLEVELAND PRODUCE By United Financial CLEVELAND. July B.—Butter—Extra in i tubs. 41 % @42c: prime. 43%@43c; firsts. : 39 % ® 40c; packing stock. 24® 25c. Eggs —Fresh gathered northern extras. 28c:‘ extra firsts. 27c: Ohios. 24c: Western firsts, new cases. 38c. Poultry—Live, heavy fowls. 24® 26c; roosters. 15o; spring ducks 26 @ 28c.

Prer. High. Low. Close. Close. Miami 29% 2(1 % 29 Vi 29 Nev Cons ..17% 17 17 16% Utah Cop .. 64 Vi 64 64 64 Vi Bar Cons ..18% 16% 16% 16% Oils— Cal Petrol .. 65 62% 62% 64 Vi Cosden 48 Ti 47 Vi 47% 48% Invin OH .. 14 Vi 14 Vi 14% 15 Mex Petrol .163% 160 161% 162% Mid St Oil.. 13% 13% 13% 13% Okla Pro ... 3 % 33 3 % Pan-Am Pet. 72% 70% 70% 72 Pan Oil .... 58V4 67 57 69% Pierce 0i1..-. 8 8 8 8 % Pro and Bes 42% 41% 42 42% Pure Oil ... 33Vi 29% 29Vi 30Vi Royal Dutch. 68% 57 Vi 57% 60% St Oil ol Cal.loßV4 104% 104% 108% 9. Oil N. J.. .184 183% 183% 186% Sinclair 33 Vi 32% 32% 33 Vi Texas Cos. . 47% 46 Vs 46% 47 Vi Tex. C. & O. 28 Vi 27% 27% 28 Vs T. Con. OH. 16 15 Vi 15% 16 Vi Union Oil ... 22 % 22 % 22 % 22 % Industrials— v Allied Chem. 69 Vi 69 J 69 69% Aiiis Chaim. 50% 49% 49 Vi 50% Am. Can ... 51 49 Vi 49 % 49 % A. H.AL.pfd. 69 Vi 69 69 Am. Ice ...10,5 % 104 Vi 104% 105% Am. Woolen. 90 89% 89 % 90% C Leather . 38% 37% 87% 38% Cococa Cola 72% 69% 69 Vi 7*>N, Comp. & T. 65Vi 64Vi 64Vs Colum. G. . . 4Vi 4 % 4 % Er.dieott J.. . 80 % 80 80 80 % Pam. Players 82% 81 Vi 83 82 Vi Gen. Asphalt 67 65 65 Vi 67 Vi Inter Paper. 60% 49% 49% 49% Inter. Harves.loo% 100% 100% 108% Loews 15 Vi 15% 15% 16% Mont & Ward 23 22 Vi 22% 23% Nat. Enamel 64% 52 53 55 Nat. Lead ..100 100 100 101 Pitts. Coal .. 64 64 64 64% Seam-Roebuck 77 % 76 % 76 % 77 % United Drug. 74 74 74 76 C. S. B. 8. 67% 66% 87 67 U. S. C X. P. 32% 31% 31% 32% U. S. In. A. . 56 Vi 56 Vi 66 Vi 56% Worth. Pump 48% 48% 48% 48% Utilities— A. Tel. A T.. 120 Vi 120% 120% 120% B. R Trans. 28 26% 27 28% Con. Gas ..120% 118 Vi 118 Vi 119% Col. Gas. .. 88% 87 Vs 87% 88 % People's G. . 83 83 83 83% Phila. Cos. .38% 38 % 38% Shipping— Am. Let. C. . 42% 4t % 41% 42% Am. 8. A C.. 19% 19 19 19 Vs At. Gulf ..37% 37% 37 >4 38 In. M. M. .. 18% 18% 18% 18% I M. M. pfd. 73% 72% 73 73% United V. ..J. 41 % 141 % 141V4 142 % Poods— Am. B. 8. . 45% 45 45 A. Nichols ..28% 27% 27% 28Vs A Cotton O. 26% 26% 26% Corn Prod. .103 „ 102 % 10*% 104 C. C. Sugar. 16% 10% 16% C. Am. S. . 24% 42 24 24% Tobaccos— Am. Sum. .. 40 39 % 40 .... Am. T. Cos. .142 Vi 142 142 138% Gen. Cigar . 78% 77% 77% 77 Vs T Products. 79 78% 78% 79 Miscellaneous Stocks— Alaska J. .. 1% 1% 1% P. A W. Va. 37% 37 37 37% Callahan ... 8 % 8 % 8 % 8 % B. J. R. "B" 46% 46 % 46% 46 Vs Bey. Spgs. . 44 44 44 44% Perre Mar .. 33 32 V 32% 33 Davison C.. . 47 46 % 46 % 48 % Kiesge 136% 136% 136% BOND MARKET SLOWS DOWN Liberties OfT Somewhat, ( losing Below Previous Figures. By United Financial NEW YORK. July 8. —After two days of heavy activity this bond market slowed down somewhat in the short session today. Liberty bond prices were off somewhat, closing below yesterday's figures on only a fair volume of sales. Other issues held firm. Sales for the day were $7,684,000, against $12,619,000 In the first two hours yesterday. QUIETNESS IN WOOL MARKET Big Operators I/Ook for Dullness During Next Sis Weeks. By United Financial BOSTON, July B.—Quietness continued in the Boston wool market today, and there was a disposition on the part of big operators to look for continued dullness for the next six weeks, due to the fact that mills are supplied for immediate needs and spring lines have not yet opened. Boston wool houses are said to have taken the greater part of 100,000 pounds of wool, in the State of Idaho, in a recent sale, the deal being put through Harris Brothers Wool Company of St. Louis. The Melbourn wool auctions were fairly active, with prices 10 per cent lower than on July .1 and with the chief buyers from Europe. One of the strong spots in the wool situation .a the fact that prices at the Loudon auctions for good grade Marinos have recovered to levels prevailing in May. INDIANAPOLIS STOCKS —July 7 Stocks Bid. Ask. Ind By A Light com 67 ... Ind Ry & Light pfd 84% 80 % Indpls St By .....42 47 Indpls N W pfd 48 ... indpls ASK pfd .. 60 IHI4L pfd 76 T H I A E com 1 fl TH I A E pfd 2 % ... U T of Ind com .. 3 UT of Ind Ist pfd 9% ... U T of Ind 2d pfd 1 6 Advance-Rumcly pfd ... Advance-Ruraely com ... Am Central Life 200 ... Am Creosoting pfd 94 ... •Bolt R R com 66% ... •Belt R II pfd 60% ... Century Bldg Cos pfd 94 ... Citizens Gas Cos 20 ... City Servioe com 220 224 City Service Cos pfd 66% 68% Dodge Mfg pfd 80 ... Home Brewing 65 ... Ind Hotel com 87 ... •Tnd Hotel Cos pfd 09 ... Ind Natl Life Ins Cos 2 ... Ind Title Guarantee 50 ... Ind Pipe Lines 88 .... Indpls Abattoir pfd 46% ... •li.dpls Gas 45 ... Indpls Tel pfd 90 ... Indpls Tel com 2 ... Mcr Pub Util pfd 60 ... Natl Motor Car Cos 3 6 Pub Savings Ins Cos 6 ... Rauh Fcrt pfd 40 ... Standard Oil of Indiana 114 ... Sterling Fire Insurance Cos. . . 7 % ... Van Camp Hdw pfd 00 ... Van Camp Prod Ist pfd 100 Van Camp Prod 2d pfd 100 Vandalia Coal Cos .com 1 5 Vandalia Coal Cos pfd...... 7 12 Wabash Ry pfd 31% 33 Wobash Ry com 12 % 13 % Ronds Broad Ripple 5s 62 % ... Citizens St R R 5s 83 86 Indian Creek Coal A Mines 6s .. 100 Ind Coke A Gas 6s ... Indpls C A S Bs 92 Indpls A Martinsville 6s 61 ... Indpls Northern 5s 46 % 49 Indpls St Ry 4s 65 67% Indpls A N W 6s 65 69 Indpls A 8 E 5s 40 Indpls Shelby A S E 6s 65 T H I A E 5s 64% . . . Citizens Gas 5s 85% 87 Vi Indpls Gas 5s 85 % 87 Kokomo M A W 6s 88% 92 Ind Hotel Cos 6s 99 % ... Indpls Water 5s 96% 99 Indpls Water 4%s 81 85 Indpls T A T 6s 82% 86 Indpls L A H 5s 91% 93 U T of Ind Os 59% 62% Mer H A L 5s 99% ... New Tel L D 5s 97 New Tel Ist 6s 97 South Ind Power 6s .. ... •Ex-dividend. WHOLESALE BEEF PRICES The following are today's wholesale prices for beef cuts as sold on the Indianapolis markets of Swift "A Cos.: Ribs—No. 2. 16Vic: No. 3,12 c. Loins —No. 2,20 c: No. 3,16 c. Round,* —No. 2. 15c: No. 3.14 c Chucks —No. 2,10 c; No. 3. 9a Plat, a—No. a. 8o; No. 3. 80.

THE INDIANAPOLIS TIMES

SHARP DECLINE IN GRAIN PRICES ON FOREIGN NEWS Lack of Export Demand Is > Leading Factor in Bearish Market. By United Financial CHICAGO, July 8. —Graia prices declined sharply on the Chicago Board of Trade today. Lack of export demand continued as the leading factor in the decline. Reports that Germany could not j>ay for"her present supply of American wheat and had cancelled all future shipments was a strong bearish Influence. Heavy shipments of wheat from Western fields further depressed the market. Corn and oats declined in sympathy with, wheat. Provisions were lower. Favorable weather reports continued from all sections of the grain belt. Rains have relieved the long drought, and a comparatively large yield of corn and wheat In the Northwest is now expected. Cooler weather in the Northwest has removed the danger of black rust. Corn is reported in excellent condition in central Illinois and fair to good in lowa. Price Quotations July wheat opened off %c at $1.13*4, and closed off l%c. September wheat opened off %c at $1.12*4, and closed off l%c. December wheat opened off %e at $1.15*/4, and closed off 2%c. July corn opened off *4c at 63c, and closed off 1 %c. September corn opened off %c at 66%c, and closed off 2c. December corn opened unchanged at 65%c, and closed off l%c. July oats opened off %c at 33%c. and closed off September oats opened off %c at 38%c, and closed off l%c at 4114 c, and closed off l%c. CHICAGO GRAIN TABLE By United Financial —July 8— WHEAT. Open. High. Low Close. July ... 1.13% 1.13% 1.12 1.12 Sept. ... 1.12% 1.12% 1.10% 1.10% CORN las * 115 ‘‘ I ' l2 -* 113 ’ July ... .63 .03% .01% .61% Sept. ... .00% .00% .03% .04% Dec. ... .65% .05% .03% .04** OATS. July ... .351*, .35% .34 44 .34% Sept. ... 1)8', .38 4* .36% .37 Dec 41% .41% .40.40 LAP.D. July 10.05 10 95 10.77 10.77 BIBS. July ...11.00 11.02 10 60 10 80 Sept. 10.00 11.00 10.55 10.60 RYE. July ... .85% .85% 182% .82% Spt 84 .84 .82 .82 Dec 86*4 .85% .84% .84% CHICAGO CASH GRAIN I.y United Financial CHICAGO. July B.—Wheat—No. 2 red. $114%; No. 3 red, $1.13: No. 2 hard. $1.15. No. I yellow, 63 %c; No. 2 yellow, 63 %c: No. 4 yellow , 62c: No, 6 yellow. 01 %c: No. 6 yellow, 60%c. No. 2 mixed. 63c; No. 3 mixed. 62 %c: No. 4 and No. 6 mixed. 61 %c. No. 2 white. 63He: No. 3 white. 62c: No. 0 white, 01 %c. Oats— No. 3 white, 34 %c; No. 4 white, 34 %c. Barley—Cash. 67c. Timothy—Cash—s4 ® 5. Clorerseed—Cash. slo® 18 TOLEDO SEEK AND GRAIN By United Financial TOLEDO. Ohio. July B.—Wheat—Cash. 51.17; July. $113%; Sptember. $1.12%: December. $1.10%. Com—-Cash. 70c. Oat* —Cash, 45c. Rye—Cash, Bho. BarleyCash. 67c. Cloversecd—Cash. sl3 October, $11; December. SIO.OO. Timothy— Cash. $2.80; September. S3; Otcober. $2.83. Alsike—Cash. $11.76; August $11.40; October. $11.15. INDIANAPOLIS CASH GRAIN —July 8— Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—aster; No. 2 red, $1.02® 1.04. Corn—Easier No. 3 wliitr. 57® 58c: No. 4 white. 00® 57c: No 3 yellow, 57® 58c: No. 4 yellow, 50® 57c No. 3 mixed. 65 44 ® 56 44 c No 4 mixed, 54% 66 44 c. Oats—Easier: No. 2 white, 34®84%c; No 3 white, 33® 33 %c. Hay—Weak: No. 1 timothy. sl7® 17.50: No. 2 timothy, $1061’10.50; No. 1 light clover mixed, sls® 15.50; No. 1 clover hay. $14.50® 16. New hay quotable at $2.50®3 under old. —lnspections Wheat—No. I red 4 cars: No 2 red, 17 cars; No. 3 red. 4 cars. Total. 25 cars. Corn — No. 2 white. 1 car No. 3 white, 6 cars; No. 4 white. 2 cars: No. 5 white, 4 care. No. 3 yellow, 4 cars; No. 4 yellow, 1 car; No. 5 yellow. 5 cars; No. 6 yellow, 3 care; No. 4 mixed, 1 car; No. 5 mixed. 2 care. Total. 28 care Oate—No. 8 white. 1 car: No. 3 white, 7 cars; No. 4 white. 5 rare Total, 13 cars. Rye—No. 2, 1 car. Total. 1 car. Hay—Packing hay, 1 oar. Total. 1 car. Total number of cars for day. 08. Grain prices quoted f. o. b. basis 41 %c rate to New York. PRIMARY MARKETS (Thomson A McKinnon) —July 8— Receipt* - Wheat. Com. Oats. Sioux City ... 5.U00 35,000 14.000 St. Joseph .. 48.000 18 000 2.000 Chicago 78,000 312.000 134.000 Milwaukee .. . 4.000 43,000 35,000 Minneapolis .. 133.000 17.000 41.000 Duluth 135.000 30.000 St. Louis 191.000 65.000 62.000 Toledo 6.000 1.000 6.000 Detroit 4.000 2,000 4.000 Kansas City.. 203.000 30.000 10.000 Omaha 17,000 62.000 52.000 Indianapolis .. 23,000 20,000 28.000 Totals 847.000 040.000 388,000 Year ago ..1,017.000 529,000 408,000 Shipments Sioux City ... 1.000 50.000 14,p00 St. Joseph .. . 4,000 15.000 ...... Chicago 246,000 339.000 262.000 MUkauwee ... 21,000 12.000 61.000 Minneapolis .. 124,000 43.000 87,000 Duluth 170,000 • ••• • St Louis 96,000 93,000 66.000 Toledo .... 1.000 4,000 3.000 Detroit 4,000 Kansas City . 189.000 14.000 15.000 Omaha 40.000 151.000 38 000 Indianapolis 25,000 .0,000 Totals 898.000 740.000 500.000 Year ago ..1.184.000 622,000 185,000 Clearances New York ... 44.000 249.000 20,000 Philadelphia . 132.000 Totals .... 190.000 249.000 20,000 Year ago .. 384.000 BOARD OF TRADE REPORT The weekly *tat.ement of the Indianapolis Board of Trade showing til ©output of flour by local mills. Inspections for the week and stock in store, follows: Coimaraflve Statement —Output of Flour— Tuiv R 102*3 7,635 bblfl. t w 1 1022 9,133 bbls. 3 j'Z 10. liao::. 2 bbis. —lnßpections for WeekWh „ at 1)5,000- 3,000 bu. rv,™ 200,000-133,000 bu. - 02,000 bu. Rye ...... 4,000- none Stock In B,tore Wheat. Corn. Oats. Rye. July 8 '22.53.000 276.000 231,000 ..... T ilv 9 ’2l 69.540 341 000 251.500 2,000 jlfly 10! '20:631410 572 190 61,690 200 HAY MARKET The following are the Indianapolis prices for hay. by the wagon load, delivered in Indianapolis: Hay—Loose timotpy, ?18@20: mixed hay, slß® 19: baled hay, slS@l9. Oats—New, per bushe., 42® 45c. Corn —Both old and new, per bushel. 63® 68c.

PIG IRON STEEL ACTIVE Foundry Iron Users Are More Concerned Over Quarterly Needs. By United Financial CLEVELAND, July B.—Dally Metal Trade today says: “Steel-making pig iron is more active than for several weeks and inquiry and sales were Improving. Foundry iron users also are more con cerned over the third quarter require ments. “Prices generally are stronger. Coke scarcity Is growing and prices are soaring, although production In the Connellsville region is Increasing. “Finished steel trade Is marked by active railroad buying, track fasten mgs being In particular demand. Hot rolled strip steel, as expected, has been advanced $2 a ton, the minimum being $2.50, Pittsburgh base. "Foundry No. 2 pig iron, Cleveland deliveries, $24.50 and basic pig iron, valley furnace, $25. Steel billets, Pittsburgh and Y'oungstown, are $35. Steel bars, Pittsburgh, are $1.60@ 1.66. Sheets—No. 2 black, Pittsburgh. [email protected]. Plain wire, Pittsburgh, is $2.25. "Wire nails are [email protected]. HOG PRICES MAKE ADVANCE Receipts Considerably Under Expectations of Heavy Demand. By United Financial CHICAGO, July B.—Hog prices were higher at the Chicago stock yards today. Medium stock Joined the light weights in bringing sll, and prices were 10c higher on common grades. | Receipts of 6,000 were considerably j under expectations and the demand j was quite heavy. The total supply at | the ten big markets was 39,400, as j compared with 49,000 last Saturday. Prices remained steady on cattle. Receipts were only 500, but proved about sufficient for the light demand, j There was a scarcity of choice grades,! but the common stock sold at fairj prices. The ten big markets posted a j total supply of 3.100 as against 3,200 a week ago. Sheep prices were nominal, with a small supply in the market. Os the 7,000 receipts, big killers received about 6,000 from outside trading! points. Prices on yearling lambs ad- \ vanced about a dollar during the week's trading. REDUCE OIL PRODUCTION? Conference Recommended by Smith of Mexican Seaboard. By sassed Financial TAMPICO, Mexico. July B.—Reconimendav.ion has been made to New York by G. C. Smith of Mexican Seaboard for a conference in Mexico to cut the agreed production in half, allowing! Mexican Petroleum 72,000 bimrels and i Mexican Seaboard and Gulf Oil 39,000 j each daily as long as the oil will last. Vice President Green of the Hooatec.'i Petroleum Company is said to favoi such an agreement. A hitch from Gulf Oil. which is understood to have received instructions from Its Houston office to take all the oil possible, Is anticipated. This will kill the pool Immediately. If the companies refuse to conserve the oil supply the Mexican government will probably step in. Smith and Green favor cutting the total production to 100,000 barrels daily. TERSE MARKET NOTES By United Financial NEW YORK. Juiy B.—Report of Northern Ohio Traction and Litrht Company for the four mouth* ended April 30, 1922. show* a xr'i-s of 52,891,895. Net after taxes was $914,108; balance after charttca. $401,009. and balance after preferred dividend*, $373,782. WASHINGTON. Ju:y S.—The first hear tnic of the Federal trade commission or the merger of Midva'n Steel, Republic and Inland Steel will be held July 19. The Department of Justt.w is expected to make Us report to the Senate on July 19. The plan of consolidation under consideration by tho Federal authorities is identical with that announced June 20 In tha statement to stockholder*. WASHINGTON, July B.—The Nctv York, New Haven A Hartford Railroad Company has been granted authority by the interstate commerce commission to issue $6.90(1.000 of first and refunding mortjafre bonds, series D. which tiro to be placed with the Secretory of the Treasury as part security for a loan from the Government under Section 210 of tho transportation act. NEW YORK, July B.—The Berensria brought eighty-five boxes of gold bars consigned to order There is no re<tcrd of on gagement of this gold for Import, and it is believed it is for tho account of the British treasury in connection with interest pay ment on the United States debt. The value of the gold may exceed $2,000,000; WASHINGTON. July B.—The Federal Reserve Bank of San Francisco has rduced Its discount rate to 4 pr cent. NEW YORK, July B—Railroad passenger earnings continue to decline, although there l’s prospect they will make a t>etter showing during the summer with the advent of tourist travel. With business picking up the later summer and fall may scon nit Increase in travel by salesmen. Fart of the continued decrease in passenger travel on the railroad Is attributed to the increasing use of the automobile each year WASHINGTON. July B.—The St. Patti has been granted authority to assume obligation ! as guarantor of $8,085,000 trust eertiAe-ites ! to be ia?ul by the Metropolitan Trust Som- j pany of New York under equipment trust 1 agreement dated July 15. 1922, and sold at not less than 90% lit connection with tho procurement of 2.500 gondola cars. 5,300 box ears. 600 automobile ears and 25 Mikado locomotives. IN THE COTTON MARKET By United Financial NEW YORK, July B.—The forecast of unsettled. showery weather over the cotton belt and continued reports of boll weevil activities imparted a firm undertone to the cotton market at tho opening today. Liverpool. Wall Street and commission houses bought. Southern interests sold. The market closed steady, being up 31 to 48. Bettor technical condition resulting from the reaction after the bureau report. New Orleans buying in anticipation of bullish weekly statistics and local short covering and new buying on Texas wires stating that 00 per cent of the cotton squares are falling off on account of the weevil punctures were factors facilitating the rise. Tit market closed barely steady, being off 19 to 24 points. Open. High Low Closo January 22.25 22.28 21.70 21.97 March 22 12 22.18 21.50 21.43 May 21.90 21.90 21.40 21.59 ! Julv 22.66 22.67 22.35 22.48 | October 22.75 33.82 22.28 22.45 December 22.60 22.57 22.15 22.25 By United Financial NEW ORLEANS. July B.—With showers and thunder storms forecasted for seettous of the cotton belt east of the Mississippi River, the cotton market opened steady today. October, opening at 22.28 c, was up 1: December, at 22.05 c, was up 10: January, at 21.82 c, was up 7. and March, at 21.55 c, was up 8. • Traders generally considered rainy weather would tend to increase tho boll weevil infection. Strength on the Liverpool market held the local mart firm during the afternoon and it closed with future* 25 to 28 points higher. The close was steady. Liquidation developed shortly after the opening and futures were sold lor a loss of from 20 to 40 points. The market closed steady, off 20 io 31 points. „ High. Low. Close. July 22.64 22.44 22.44 October 22.42 21.85 21.95 December 22.13 22.02 22.80 January 22.82 8--48 ~1 63 March . .21.63 21.15 21.36

SWINE STEADY TO HIGHER ON LIGHT RECEIPTS Both Packers and Shippers Display Fair Demand in Local Market. RANGE OF HOG PRICES. Good Good Good June mixed. heavy. light. 30. $10.85-10.95 $10.75-10.85 $10.95-11.10 July 1. 10.85-10.95 10.75-10.90 10.95-11.05 3. 10.65-11.10 10.75-10.95 11.10-U.15 5 11.05-11.15 10.85-10.05 11.10-11.20 6. 11.00-11.10 1085-11.00 11.10-11.15 7. 11.10-11.20 11.00-11.10 11.25-11.35 8. 11.15-11.25 11.00-11.10 11.26-11.35 Swine prices were steady to 10c higher in trading on the local livestock exchange today. Receipts were light at between 4,000 and 4,500 and both packers and shippers displayed fair demands. Practically all of the receipts were sold at an early hour in the forenoon There was again a top of $11.35 on light swine, but there were more sales at that price than on the market of the previous day. Good grades of swine sold at sll® 11.35 and the bulk of the sales for the day ranged at $11.15® 11.35. Pigs brought the price of the loads, roughs $9.75 and* down and stags $8.75 and j down. Cattle Prices Steady With receipts extremely light and speculators the only active buyers, cattle prices ruled about steady. Veals were sl.sW®2 higher, due to extremely light receipts at 200, a ! brisk shipping demand, a fair butcher i demand and higher values on eastern | markets. Both sheep and Jamb prices were j steady, with receipts close to 400, the quality fair to good and the demand good. —Hors—i 100 to 150 lb*, averago .. [email protected] Over 300 lbs [email protected] I 150 to 300 lb* 11.00® 11.35 j Best pigs, under 140 1b5.... [email protected] Top 11.35 Houghs 9.50® 9.75 Bulk of sales [email protected] Stags 7.75® 8.75 —Cattle— Few choice steers 9.26® 9.85 Prime com fed steers, 1,000 to 1,300 lbs B.oo® 9.00 Good to choice steers, 1.000 i to 1.300 lbs 7.50® 8.00 : Good to choice steers, 1,100 to 1.200 lbs 7.25® 7.50 Good to choice steers. 1.000 to 1 100 lbs 7.00® 7.25 Common to medium steers, 800 to 1.000 lbe 6.50® 7.00 —Cows ana Heifers— Few choice heifer 5......... . 9.00@ 9.50 Good to choice heifers 8 00® 8.50 Medium heifers 7.50® 8.50 Common to medium heifers. .. 0.50@ 7.25 I Good to choice cows. 6.75® 6.60 Common to good cow* 3.75® 6.75 Csuners 2.50® 3 50 Cutters 2.26® 3.25 —Bulls— Fancy butcher hulls 6.25® 5.60 Good to choice butcher bull*.. 5.00® 5.25 Bologna bulls 3.50® 375 Light bologna bull* 3 00® 8.25 light common bulls 3.00® 3.50 —Calves— Choice veals [email protected] Good veals 10.5U@ 11.50 Medium veals [email protected] Lightweight veals B.oo® 8.50 Heavyweight veals ......... 7.60® 8.00 Fair to medium 7.00® 7.50 —blocker* and Feeders— Good to choice steer# under 800 lbs 6.25 0 7.50 Medium cows 3.50® 3.76 Good cows 4.00@ 4 65 Good heifers 6.00® 7.60 Medium to good heifer* 4.50® 6.75 Much cows and springers [email protected] —Siireu aud Lambs— Cull ewes 1,50® 2.00 Good to choice ewe* 2.00® 4.50 Bucks 2.00® 3.30 Yearlings 7.00® 9.00 Springers 9.50 @13.50 Culls 5.00® 7.50 OTHER LIVESTOCK By United Financial CHICAGO, July B.—Hogs—Re-’eipts, 600; market strong to 10c higher: bulk. $9.25® 11: top, til: heavyweight. $10.50® 10.80; medium weight, $10.70® 11: light weight $10.90011: light light*. slo.lo® 10.90: heavy packing sows, smooth, $8.90®9.65: packing sows rough. $8.50@0; pigs, $9 26 @16.13. Cattle—Receipts. 500; market steady. Sheep-—Receipts, 7,000; market' strudy. CINCINNATI, July B.—Hogs—Receipts. 1.500: market. 10e to 23c higher: heaviee. $11.23® 11.35; mixed. $11.35; mediums and light. $11.50: pigs, $11; roughe, $8 50; stags. $5.50 Cattle—Receipts. 150: market. steady, bulls, strong: calves. $lO down. Sheep and lambs —Receipts, 1,000; market, st-iuly; ewes. $6.50 down: choice lambs, sl3 73; seconds. $9: culls. S4®6. CLEVELAND. July B.—Hogs—Receipts, I. market, higher: Yorkers, $11.75; mixed. $11.50; mediums. $11.50; pigs. $11.75: roughs. $8.75; stags. $8.50. Cattle —Receipts, 100; market, steady; good to chi tix< steers, $9 @9.60; good lo choice heifers. $0.50® 7.60; good to choice cows. $4.15 @5.25; fair to good cow a, [email protected]; common cows. [email protected]: good to choice bulls. so.r>o@6: mllehers, $3.35*3.3.75. Sheep and lambs—Receipts, 200; market, steady; top. sl4. Calves—Receipts, 100; market, higher; top. sl2. EAST BUFFALO, July B.—Cattle—Receipts, 100; market, active; primo steers, $8.75010.50; shipping steers, sß@9: butcher grades. $5.00@ 8.25; heifers. $2.50 @0.25; cows. $3 @5.50; bulls, s6® 6.60; feedors. [email protected]: milk cows and stringers, S2O 0125. Calves—Receipts. 50; market, active; cull to choice, [email protected]. Sheep und lambs—Receipts, 200, market, active; i choice lambs. $14.50016; cull to fair, sß® 14.25: yearlings, $7 010.50; sheep, s3@ 7.75. Hogs—Receipts. 1,600; market, ac- , live; yovker*. $11.75® 11.90; pigs, $11.75® 11. mixed. $11.50® 11.85: heavy, $11.40 @11.65; roughs, $9 0 9.25; stags. $506. KANSAS CITY, July B.—Hogs—Receipts, 800; market sternly: bulk, $10.05® 10.70; heavies, 510.20@ 10.60; butchers. $10.50® 10.75; lights. $10.55010.80; pigs, $9,500 10.65. Cattle —Receipts. 800; market steady: prime fed steers. 50.55® 10.10: plain to fair dressed beef steers, $7.75® 9.66; western steers, [email protected]; southern steers, $5.5008.75; cows. $2.3507.35; heifers. [email protected]: stockers and feeders, $4.2508: bulls. $305.25; calves. $-150® 9.25 Sheep—Receipts light: market steady; lambs. sl2 @15.50; yearlings. $8.75 010.50; wethers. $0.25*87.25: ewes, $4.7506.25; stockers and feeders. $8.55011.25. ST. LOUIS. July B.—Cattle—Receipts. 300; market steady; native beef steers. $9.25 @10.10; yearling steers and heifers. sß.Bo® 9.25; cows. 84 @7; stockers and feeders. $4.5006.50: calves, 8408.75; cannera and cutter*. $2.76 @3.50. Hogs—Rece.pts, 4.500: market 6® 10c higher; mixed butchers. $11011.10; good heavies. $10.90 011; roughs, $8.7508.85: lights, [email protected]; pigs $10.26 @ 10.76; bulk, 811011.10. Sheep—Receipts, 400; market steady; mutton ewe*. 84 @0.50: lambs. $13013.63; canners and choppers, $lO2. CORN AND WHEAT BULLETIN For the twenty-four hours ending at 7 a. m.. July 8. 1922: Temperature ■ Sc w 2. '4 **} o Stations of ~ a Indianapolis District *"H £ 110 I *- % £ $ c CtJ I.S----“S la si* H K *3 S Cl. Set O g*S South Bend 78 57 o.l* Good Angola 80 66 0.12 Good Ft. Wayne 80 58 0.28 .... Wheatfield 81 60 0 Good Royal Center .... 76 56 0.04 Good Marion- 81 02 0.68 Good Lafayette 78 56 0.28 Good Farmland 86 60 0.80 Good Indianapolis 82 00 0.01 Good Cambridge City . . 83 04 0.06 Good Terre Haute 84 50 0.32 .... Bloomington ... 84 50 0.22 Good Columbus 80 62 | 0.25 Good Vincennes 89 |Bl I 0.02 Good Faoli 82 68 I 1.43 | Muddy Evansville 84 | 08 | 034 | .... J. H. ARMINGTON, Meteorologist. Weather Bureau.

SPOT SUPPLY OF HAY LOW Receipts Small, With Demand Showing Fair Improvement. By United Financial NEW YORK, July 8. —Spot supplies of hay were down to a minimum on the market today with receipts exi trmeley small, while demand showed a fair improvement. The market was decidedly better In tone,. excepting low-grade small bales, the demand for which is limited. Alfalfa demand is still quiet, but the market is steady with second cutting choice green at s3l @32. Prices were: Timothy, large bales, No. 1, s3l® 32; No. 2, $29@30; No. 3. $26@28. Small bales. No. 1, $29@30; No. 2, $25 @27; No. 3, $22@23. Clover-mixed, fancy, S3O asked; No. 1, $26@28; No. 2, ?20@23. Small bales—Fancy, $27 asked; No. 1, $24@25; No. 2, $20@23. RAT ATTACKS BABY GIRL Hole Size of Quarter Gnawed Over Left Eye of Child. By United Frees SARANAC LAKE, N. Y., July B. Florence Butchino, three-months-old daughter of Mr. and Mrs. Peter Butchino, who reside in the northern part of the county, was close to death when attacked in her crib by a large rat. Awakened by her cries the parents found the body covered with blood from a bole the size of a quarter which the rodent had gnawed over the left eye. A physician closed the ■•wound with several stitches. Later the wound had to be reopened and infected parts cut away. It is thought the baby will recover, but will be badly scarred. Physicians assert that it is the first case of the kind on record in northern New York. REQUIRE AIR LICENSES California Aviators Must Be Registered by State. SACRAMENTO. CaJ„ July B. Superintendent Charles J. Chenu of the State motor vehicle department has Issued a warning to all aviators | In California to apply to his office for 1 licenses or cease flying. Pilots operati ing without licenses will be arrested and prosecuted by agents of the motor j vehicle department. Chenu declared that he has Inaugurated a clean-up campaign to round up all violators of the law requiring pilots to be licensed. This law was passed by the last State Legislature. The first arrest under its provisions was made in San Francisco recently, and Chenu statee that additional arrests may be expected unless the law is complied with. YOUNG BANDITS KILL COP Dying Guard Shoots Six Times at Two Youths He Questioned. By United Preia ST. LOUIS, Mo., July B.—Patrolman Bernard T. Cook, guarding a $3,000 payroll, was shot dead by two youths ho was questioning late Friday. When he commanded them to stop they sent three bullets Into his body. Cook fired six shots as he lay dying. VERA CRUZ AGAIN ORDERLY City Quiet After Arrest and Imprisonment of 121 Men. WASHINGTON. July B.—Order has been restored In Vera Cruz. Mexico, and the city is quiet after a riot which resulted in the arrest and imprisonment of 121 persons, Consul Foster reported to tho State Department today. WEATHER CONDITIONS The storm which was centered In the western lakes region Friday morning Is nowpassing down the Bt. I.a V rencc Valley, and another disturbance is moving southeastward in the far West, with its renter over Wyoming. The former has caused shower* and thunderstorm*, with heavy rainfall in toealitie*. from Tennessee to the lower lakes, while the latter has occasioned rain lu the extreme Northwst. It is somewhat enoler in the north-entral States east of the Mississippi, where reading* are slightly below- normal, but warmer over most of the plains region, due to southerly winds In front of the western disturbance. J. H. ARMINGTON, Meteorologist, Weather Bureau. WAGON WHEAT PRICES Local ml’is and elevators today are paying $1 for new No. 2 red winter wheat. They are paying 33c for new- No. 2 white cat*. MARRIAGE LICENSES Claude K. Saidla. Crawfordsvilie: Anna M. Jones, 1512 X. Pennsylvania St. Verlyn Parker. Psl % S. Delaware St.; Marietta Wolre. 200 % Picking St. Clarence D. Blacker, 1401 E. Sixteenth St.: Gertrude M. Sayre. 620 Patterson St. Cheston G. Berry. 2127 College Ave.: Kathryn J. Keifer. 1320 H. Twelfth St. Edward F. Bell. 2344% N. Illinois St.; Elsie M. Lepiey. 2522 Indianapolis Ave. Worth E. SeUloeman. 715 N. Alabama St.; Georgia A. 51. Gill. 422 N. Oxford St. Edward Pittman, 541 N. California St.: RosieuDepp. 616 Adelaide St. William GraddieU. 942 Muskingum St.; Marie 1 Miles. 1228 N. Senate Ave. BIRTHS William and Florence Hammock. 812 Drake, boy. _ . . Paul and Lena Vasall, 735 N. Ketchem. jjirl. Rav and Lillian Lakln. 2481 Bond. girl. Joseph and Margaret Dissette. Methodist Hospital, boy. „ . ~ Oeear and Mildred Catterlln. Methodist Hospital, boy. ~ . Harold and Lillian Warner. Methodist Hospital, boy. ..... „ Jacob and Grace Jones. Methodist Hospital. boy. Edmond and Regina Karibo. 509 N. Oxford. boy. . Balint and Anna Anton, 1509 Climber. b °A!len and Gleda Swift. 2141 Dexter, boy. Worley and Hazel Hensley. 1417 w. Thirty-Fifth, girl. Clarence and Margaret Phillips. 417 N. Pine. girl. _ „ James and Gertrude Miller. 1234 Kappes. bov. La Rue and Marietta Larrieon. 620 Home Place, girl. Lane and Nona Robertson, city hospital, boy. Ala and Emma Harness, city hospital, girl. Samuel and Pearl Mansfield. 2424 Sheldon, boy. Monroe and Ocle Black. 641 Charlotte, boy. Louis and Clara Alexander. 912 W. Walnut, boy. James and Dorothy Bracken. 2001 Ralston. boy. Henry and Ellen Gendron. 2522 E. Tenth, girl. Arthur and Lola Steven*. 2813 Rader, boy. Cecil and Nellie Frink. 1651 Cornell, boy. DEATHS " Lee Hamer, 63, 148 W. Twenty-Seventh, hypostatic pneumonia. Elizabeth J. Adcock. 28. 014 S. State, pulmonary tuberculosis. Thomas Mehegan. 02. Central Indiana Hospital, cerebral hemorrhage. Pipe Fitter Broke. Gilbert Parker, pipe fitter, of this city filed a voluntary petition in bankruptcy in Federal Court today, j He scheduled liabilities of $1,135 and j assets of S2OO.

PRICE TREND IS STILL UPWARD; FEW DECLINES Bradstreet’s Weekly Business Review Offers More Hopeful Record. ANOTHER PEAK IS VISIBLE Question How Much Farther Advances May Go and Avert Crash. BY W. H. GRIMES Financial Staff Correspondent. NEW YORK, July 8. —The general commodity price movement for the past week was again upward. Bradstreet’s weekly business review finds that advances outnumber declines nearly three to one. These advances, coupled with those of previous weeks, bring more strongly to the front the question of just how far commodity price advances are Justified by conditions and how far they can go before curtailment of demand will bring another fall. That this will happen if things going up is generally admitted. Secondary Inflation In many lines a condition which maybe called secondary inflation appears to have come about. Primary inflation is a condition where demand so far exceeds supply that a runaway market develops and prices are forced upward. In secondary Inflation the process is reversed in that there is a lagging demand v/here obviously supplies are low. By marking up prices and intimating that further markings up may come the manufacturer or jobber anticipates a heavier demand and hopes to hurry It along. Downward Turn Coming Obviously such artificial means of creating demand cannot be continued permanently, and this is the basis for the belief in many quarters that | prices will again turn downward. The downward turn, however, will not : leave as many bumps and bruises as iin 1920. That lesson is fresh in the minds of business men and they are on their guard and prices have not yet reached the 1920 levels and are not likely to. Business in general during the last week naturally slowed down for what amounted to a double holiday. But most reports are good and there is every indication that the revival is keeping up a good pace considering the season of the year. G. A. R. INVITES GUESTS c All Patriotic Bodies of Nation Asked to Encampment. DES MOINES, July B.—Summons to all patrioye organizations in the country to Join in an all-American conclave here Sept. 24-28. have been issued by th* national encampment committee of the Grand Army of the Re public. Nine patriotic organizations, closely affiliated with the G. A. R., will hold ►heir national conventions in conjunction wit hthe encampment. These are: The Women’s Relief Corps. Sons of Veterans’ Auxiliary. Daughters of Veterans, Ladies of the G. A. R., National Association of Army Nurses, National Association of Vicksburg Veterans, National Association of Navy Veterans and National Association of Union Ex-Prisoners of War. < DIVORCE WAS MISTAKE After Twenty-Six Years Apart Couple Take License to Re-marry. By United Xewt CHICAGO, July B.—Twenty-six years have elaapsed since James Henry and Mary Henry were divorced. Now they realize their mistake. Henry, 63 years old, took out a re marriage license Thursday. The first marriage was in ISS6 and the divorce came ten years later. “This time it’s final.” Henry said. "It took us a long time to find it out, hut we’ve realized it was all wrong. She is ill now, and needs me. too.” UNIVERSITY PARK CONCERT Bands Also Will Give Programs in Other Parts of City. For tho first time in several years a band concert will be given in University Park Sunday night by the Indianapolis Square and Compass Club band under the auspices of the park department. The Greater Indianapolis hand will play in Rhodius Park at 3 p. m. Sunday and the Indianapolis Military, hand at Ellenberger Park at the same* time. MAY CATCH BOOZE OWNERS Officers Expect Arrest of Possessors of $109,000 Whisky Caeh.e. SAN FRANCISCO, Cal., July B. Prohibition enforcement officers expected to arrest the owners of a SIOO.OOO cache of Canadian and domestic whisky, seized in a vacant barn last night in the second smashing blow in ten days against a ring of international booleggers smuggling liquor from Vancouver, B. C. SCOUTS HAVE POSTOFFICE Sta Mon Opened for Campers at Camp Roosevelt, Near La Porte. WASHINGTON, July B.—A postoffice for the accommodation of the Boy Scouts who will be in camp during July and August has been established at Camp Roosevelt, Ind., near La Porte, the Postoffioe Department announced today. Glenn D. Adams has been appointed postmaster. ‘PLEASANT AND PROFITABLE’ Chief Justice Taft Enjoyed Visit to England, He Says. LIVERPOOL, July B.—T am greatly pleased with my English visit; it has given me both pleasure and profit," said William H. Taft, chief justice of the American Supreme Court, before sailing for home today.

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