Indianapolis Times, Volume 35, Number 53, Indianapolis, Marion County, 12 July 1922 — Page 11

JULY 12, 1922

ACTIVE BUYING ■ OF BAIL STOCKS; ' REACTION LATER Wall Street Journal Says Pressure Exerted Is Not Serious. VARIETY OF MANUFACTURES Studebaker, Leather and Others Make New High Figures. By United Press NEW YORK, July 12.—The Wall Street Journal today said: Active buying of railroad stocks and a wide variety of manufacturing issues progressed during most of the session today. Studebaker made anew high for the year, while Baldwin Locomotive, General Asphalt. National Ice, American Woolen, Central Leather and many stocks of a similar character reached new highs on this movement. "While prices turned r'" ,iary during the last hour, no -ous pressure was exerted against any part of the list. In fact, the whole list acted as if the summer's stocks might prove an exception to the rule of cessation of speculative interest during we hot months. ™ Despite the absence of many large traders, the volume reached proportions compared favorably to the time when the forward movement was in full swing. MONEY AND EXCHANGE Indianapolis bank clearing* Wednesday were 53.455.000; bank debits. $6,088,000. NEW YORK MONEY By United Financial NEW YORK. July 12.—Time money today was firm at 4% per cent on loans maturing within ninety cays and at 4% per cent on sfour and six months loans. Concessions at % of 1 per cent on ail maturities have been made, but only in exceptional cases. The supply is about equal to the moderate demand. NEW YORK CURB MARKET (By Thomson & McKinnon) —July 12— —Closing— Bid. Ask. Acme Packing .. 42 47 Curti6 Aero, com 3 5 Curtis Aero, pld 23 23 Boston & Montana .... 14 16 Boston & Montana Corp 80 83 Goldfield Con ......... 5 Jumbo Extension ...... 4 6 Kirby Oil 6 7 Nipissing 5*4 6*4 Standard Motors ..—.. 4Vj 5 Salt Creek 16% 17 Tonopah Extension .... IS 1 11-16 Tonopah Mining IS IS United P. S. new 7S 7% U. S. Light and Heat . . 1 13-16 1 % V. S. Light and Heat pfd IS IS Wright-Martin 2 6 Yukon Gold Mina C 0..... 90 100 Jerome 8% 3S New Cornelia 18 19 United Verde, 27% 28% Sequoyah 2 3 Omar Oil 2 5-16 2% ,Bep. Tire 55 65 J MOTOR SECURITIES (By Thomson & McKinnon.) —July 12— —Closing— Bid. Ask. Earl Motors ............... 3 % 4 Packard com 14 S 15 Packard pld. 85 87 Peerless 49 51 Continental Motors com. ... 8 8 % Continental Motors pfd. ... 90 95 Hupp com 19 19 % Hupp pfd 103 .... Reo Motor Car 27% 28% Elgin Motors 2 2% Ford of Canada ...........430 440 National Motors 3 5 Federal Truck 18 22 Paige Motors 23H 24 Republic Truck 10 % 11% CHICAGO STOCKS (By Thomson & McKinnon) —July 12— Open. High. Low. Close. Am Ship... 70 72 70 72 Ar. & Cos. pfd. 7% 98 97% 98 Arm. Leather 12% .... Ar. Leath. pf. 85% .... C. C & CR.pf. 7 7 6% 7 Ch El. Ry. pf 7 Com. Edison. 131% 132 131 132 Corv. Motors. 8 8% 7% 8 Earl Motors. 3% Libby M'•Neill 2 % 2 % 2 2 Mont. Ward. 23 23% 22 % 22% Nat. L. new. 7% 8% 7% 8% Pick & C0...26% .... Pigly Wig. A 42 42 41% 41% Quaker Oats. 97% • Reo Motor... 28 28% 28 28 Stew. Warner 44% 44% 43% 44% Swift & Cos. .101% 101% 101 101% Swift Inti... 19 % Thom. (J.R.) 48% 49 48% 43% Un. C. & C.. 58% 59 58% 58% Wahl 59 59 Ta 59 59% Wngley 102% ■ ■ . - Yellow Taxi. 72 72% 71% 71% ACTIVE OIL STOCKS (By Thomson & McKinnon.) —July 12— c- •—Closing—m Bid. Ask. R(.nglo-Amarican Oil 19% 20 Bome-Scrymser 390 410 Buckeye Pipe Line 93 M Chesebrough Mfg. Cons. .... 190 200 Continental Oil. Colorado. . .137 143 Crescent Pipe Line 34 38 Cumberland Pipe Line ...... 140 145 Eureka Pipe Line ......... 90 93 Galena-Signal Oil. Pref 107 112 Galena-Signal OIL Com. 55 57 Ilinois Pipe Line .170 175 Indiana Pipe Line ......... 90 92 National Transit 28% 27% New York Transit 170 175 Northern Pipe Line . A 97 100 Ohio Oil 295 300 Prairie Oil and Gas 810 620 Prairie Pipe Line .......... 245 250 Solar Refining 340 360 Southern Pipe Lina 94 98 South Penn Oil 215 220 Southwest Penn Pipe Lines. 81 64 Standard Oil Cos. of Ind 114% 115 Standard Oil Cos. of Kan. ...640 560 Standard Oil Cos. of Ky. ... 96 97 Standard Oil Cos. ot Neb. ...185 190 Standard Oil Cos. of N. Y. ...437 440 Standard Oil Cos. of Ohio ...455 465 Swan A Finch 30 35 Union Tank Line 95 100 Vacuum Oil 425 430 Washington Oil 33 38 LOWER PRICES HELP Figures Below Last Year Help Textile Market. By United Financial NEW YORK. July 12.—Two scattered Items lrt VkTrv’s trade news indicate pretty well the present temper of the textile market. One of the items quotes the makers of the so-called popular priced men’s clothing as attributing better business to prices below those quoted last year. „ Closing Out Items The second item fellsipf active manufacturers who are closing out these at reduced prices. PI The cotton textile trade thinks it detects a little more eagerness despite the increased prices. Cotton goods jobbers will hold a convention next week and probably will go on record against higher prices. May Delay Opening Latest reports are that woolen goods openings may be delayed, the manufacturers feeling that they will Aire better if wait until the buyers get over the first opposition to recent price advances. The broad silk market continues aotlve, crepes leading the procession.

New York Stocks (By Thomson A McKinnon.) —July 12—

Railroads— Prev. High. Low. Close. Close. Atchison ... 101 % 101 101 % 101 B. A 0 52% 51 52% 51% Can. Pacific 140% 139% 139% 139% C. & 0 69% 68 69 % 63 C. AN. W. R. 77% 76% 77 77% C.. R. X. A P 44% 43% 43% 43 V* C. A GW... 9% 9 9 9 Del. A Lac 1.129% 129% 129% 129 Erie 17% 16% 17 10% Erie let pf. 1.25% 24% 24% ‘24 Gt. No. pfd. 81 80Vi 80% 80% 111. Central .107% 106% 107% Kan C. So.. 25% 25% 25% 25% Lehigh Valley *5% 65 65% 64% L. A N 131 131 131 131 Mo. Pacific.. 23% 22% 22% 22% Mo. Pac. pfd 56% 55% 56% 56% N. Y. Central 96% 95% 96 96% N Y N HAH 31 % 30 % 31 30 % North. Pac.. 77% 77V* 77Vi 77 Nor. A West. 110% 109% 110 110% Pennsylvania 44 % 44 44 43 % Reading 76% 75% 75% 75 V* So. Ry 24% 24% 24% 24% So. Pacific.. 90% 89Vi 90% 90 St. Paul 29% 28 28% 28% St. Paul. pfd. 45% 43% 44% 43% St. L. A SW. 30 % 29% 30 29% St. L.ASW. pfd. 48 47% 48 S. L.&S. F. R. 29% 28% 29V* 29 Texas A Pac. 30% 29% 30% 29 I Union Pac...142% 141% 141% 141% 'Wabash 13% 12% 12% 12% Wabash pfd. 32% 32 32% 31% West. Pacific 18% 18% 16% 19 Rubbers— • i Aj ax Rubber. 15 15 15 14% Fisk Rubber. 16 15% 15% 15% ! Goodrich Rub 39 % 39 % 39 % 39 % i Kelly-Spg. 49 48% 48% 49% K. T. A R. Cos 16% 15% 15% 15% ! U. S. Rubber 63 61 % 62 % 61 % Equipments— , Am. L0c0..114% 113% 114 113 Bald. L0c0...110% 115% 110 114% Gen. Electric. 171 168 170 Lima L0c0... 106 % 105 106% 104 Press. St! C. 77% 77% 77% 76% Pullman 121 120% 121 120 West. Elec... 60% 59 60 58% Steels— Beth. “A"... 75 75 75 74% Beth “8”... 77% 77 77 76% Colo. Fuel... 31% 31% 31” 31% Crucible 75% 74% 7% 75 Gulf States.. 75% 72% 72% 73% Lacka 76% 76 76 <4 70 V* Midvale 35% 35% 35% 35% Otis 12% 12% 12% 12% Replogle ... 32 % 32 82 32 Rp. 1.&5.. 73% 72% 72% 72 Sloss-Shf. ... 47% 47 47 40 U. S. Steel.. 101% 100% 100% 100 V. S. St. pW.121% 121% 121% 121 Vanadium ..47% 48 43 46% Motor*— jChand. Mot. 70% 70 70 70 Gen. Motors. 14% 14% 14% 14% Kelsey Wheel 96% 95% 96% 95 % Max. Mot. A 60% 65% 65% 66% Hudson Mot. 23% 22% 22% 22,. Mack Truck. 65% 64% 55 Max. M. (B) 23% 22% 23 23 Martin Perry 31% 31% 31% Pieree-A. pfd. 37 36% 36% .... Studebaker .137% 135% 136% 134 % Stromberg ~.. 47% 47% 47% 49 Stewart-W... 44% 44 44% 44 Willys-Overi’d 8% BVi 8% 8% White Motors 49% 49 49 V* 49 Minings— Butte Super. 29 % 29 29 .... Int. Nickel.. 17% 17% 17% 17 T. Gas A Sul. 47 46% 47 40% Coppers— A. Smelting.. 62% 62 62% 81% Anaconda .. 52 % 52 % 52 S 62 % Chile Copper 22% 22% 22% 22% Inspiration.. 41 40% 40% 40% Kecnescott... 35% 35% 35% 35% HEAVY SELLING PRESSURE PUTS GRAIN IN SLUMP Declines in Liverpool Is Chief Factor in Drop After Advance. By United Press CHICAGO, July 12.—Grain prices closed lower on the Chicago Board of Trade today. Heavy selling pressure by local longs on reports of probably peace In the railroad situation and declines in the Liverpool market were the ■ chief factors in the drop that followed advances early in the day. Corn followed wheat on general crop conditions and lighter export demand. Receipts were heavier than anticipated. Oats continued dull and easier, in sympathy with other grains. Weather reports from the Northwest were more favorable and added to the bearish influences. Provisions were lower. July wheat opened off %e at $1.15% and closed off %c. September wheat opened off %c at $1.15 and closed off %c. December opened off %c at $1.16 and closed off Vac. July corn opened off %c at 62%c and closed off %c. September corn opened unchanged at 64 %c and closed off Me. December corn opened up %c at 64%c and closed off l%c. CHICAGO GRAIN TABLE —July 12— By United Press WHEAT— Open. High. Low. Close. July... 1.14% 1.17% 1.14% 1.14% 9ept.. . 1.14 1.15% 1.12% 1.13% Dec 1.16 1.17% 1.15 % 1.15% CORN— July... 62% 62% 61% 61% Sept... 64% 64% 63% 64 Dec 64% 64% 62% 62% OATS— July... 34% 35% 34% 34% Sept... 37% 37 % 36% 36% De 0.... 40% 41% 40% 40% LARD— July... 11.00 11.00 11.85 10 87 Sept... 11.25 11.85 11.05 11.10 RIBS— July.... 1090 11.00 10.85 10.85 Sept... 10 85 10.95 10.75 10.75 RTF.— July... 85% 83 Vi 83% 83% Sept... 8-3% 84 8 % 82% Dec.... 85% 86 Vi 83% 84% CHICAGO CASH GRAIN By United Press Wheat—No. 2 red. SI .18%; No. 2 red. 51.16%; No. 3 red. $1.15%; No. 2 hard, 91.17%. Com—No. 2 yellow, 64 %c: No. 3 yellow, 63Vie; No. 4 yellow. 63%e: No. 6 yellow. 62 %c: No. 6 yellow, 62c: No. 2 mixed. 63 %c; No. 3 mixed. 63 %c; No. 5 mixed. 62 %o; No. 2 white. 64c; No. 3 white, 63c: No. 4 white. 62 %c: No. 5 white. 62V*c. Oats—No. 3 white. .36 %c: No. 4 white and standard. 35c. Barl-y Cash, 64c. Rye—Cash. 68%0. Timothy— Cash, $4(35. Clevcrseed—Cash. $lO3lB. TOLEDO SEED AND CRAIN By United Press TOLEDO, July 12.—Wheat—July and September, $1.16%; December, $1.19. Com —Cash. 71 c. Oat9—Cash, 43c. Rye—Cash. s7%c. Barley—Cash. 67 %c. Cloverseed — Cash. sl3; October, $10.90: December. $10.85. Timothy—Cash. 52.70: September, $2.95: October, $2.85. Alsike—Cash, Auguit, October and December $11.75. PRIMARY MARKETS (By Thomson A McKinnon.) —July 12— Receipts Wheat. Com. Oats. Sioirx Ctty . 6.000 46.000 16,000 Chicago ... 208,000 524,000 315.000 Milwaukee. 1.000 10.000 11.000 Minneapolis 171.000 22.000 51.000 Duluth .. . 95,000 51,000 2.000 St. Louis . 2031000 87.000 60.000 Toledo 8.000 8.000 4.000 Detroit .. . 4.000 6.000 Kansas City 182.000 29,000 7,000 Peoria Omaha . . . 47.000 90.000 42.000 Indianapolis 68,000 76.000 30.000 Totals . . 90.3.000 943.000 644.000 Year ago 1.928.000 699.000 652.000 Shipments Wheat. Com. Oats. Sioux City 87,000 8,000 Chicago .. . 20,000 346,000 427.000 Milwaukee- 3,000 26.000 27.000 Minneapolis 104,000 106,000 92.000 Duluth 5.000 2,000 St Louis . 123.000 69,000 65.000 Toledo 2.000 7.000 Detroit .... 2.000 Kansas City 150.000 31.000 17,000

Prev. High. Low. Close. close. Miami 29% 29% 29% 29% Nev. Cons. .. 16% 10% 16% 16% Utah Copper. 64% 04 64 83%. Seneca Cop ..13 V* 13 13 .... Oils— Cal. Petrol.. 64% 61% 61% 03% Coeden 48% 47 Vs 47 % 48 Houston Oil 77% 77 77 77 Invincible 0...14% 14% 14% 14% Mex. Petr01..160% 162% 162 % 163% Mid. S. Oil.. 13% 13% 13% 13% Oklahoma P. 3Vi 3% 3Vs 3% Pan-A. Pet... 74% 72% 73 72% Pac. Oil 57% 50% 56% 57 V* Pierce Oil . . 8 % 8 SV* 8 % Pro. A Ref.. 42% 41% 41% 30% Pure Oil 30 V 4 30 30 30% Roy. Dutch. . 57 % 50 % 57 % 56 % S. Oil of Cal. 109 100% 106% 100% S. Oil of N. J. 185 188% 183% 184 Vi Sinclair ... 33 % 32 % 32 Vi 32 % Texas Cos. . 47% 46 Vi 46% 46% Texas C. A O. 28 27% 27% 27% Trans-C. Oil . 16 Vi 15% 15% 15% Union Oil .. 22 Vi 22 22 22% White Oil . 8% 8% 8% 8% Industrials— Allied C. ... 69 69 69 68 % A.-Chalmers. 52% 50% 52% 50% Jfm. Can . . 54 % 63 % 54 53 % A. H AL pfd. 70 Vi 70% 70% 70 % Am. Ice ....111% 109% 110 110% A. Linseed . 35% 35% 35% 35 A. Woolen . 93 90 91 90% C. Leather.. 40% 39% 39% 39% Cocoa Cola.. 72% 71% 71% 71% Comp. A T.. 65% 65 65% .... Cent. Can .. 68% 68% 68% En.-Johnson. 81% 81% 81% 81% F. Players . 83 82% 82% 82% Gen. Asphalt 70% 68 Vi 09% 68% Inter Paper.. 53Vi 51% 51% 51% Inter. Hart'. .100% 100% 100% Loews 13% 15% 15% 15 Mont. AW. . 23% 22% 22% 23 Nat. Enamel 54% 53 Vi 54% 54% Nat. Lead ..103 100% 101 102 % Owen Bottle 35 % 35 % 35 % .... Fitts Coal.. 65% 64% 64% 64% Sears-Roebuck 79 77 % 78 77 % U. S. R. S.. . 68% 67% 68 08 V. 9. C. I. P. S3 % 33% 33% 32% U. S. In. Alco. 58% 57 57% 56% Worth. P 51 * 50 Vi 50% 48% Wool worth .164 164 164 163 Vi Utilities— A. T. and T. 120% 120% 120% 120% B. R Trans. 28% 20 20 27% Consol. Ga5..121% 119% 119% 119% Columbia G. 89% 87 % 88% 87% People’s G... 84 83 83V* 73 West. Union 100% 98 100 Shipping— A. Int. Corp 44% 43% 43% 42% A. Ship A C. 20% 19% 19% 19% Atlantic G... 39 38% 38% 38% In. Merch. M. 19% 18% 19 18% In. M. M. pfd. 76 74% 76 74% Foods— Am. Sugar. . 79 % 79 79 % 79 Am. Beet Bg. 44% 44% 44% 40% Austin Nteh. 29 28% 28% 28% A. Cotton Oil 26% 26% 28% .... Corn Prod. .105% 104 104 104% Cuba C. Prod. 16% 15% 15% 16% C. Sujar 24% 23% 23% 23% Punta A. ST. 48%' 48% 48% . Tobaccos— A. Tob. Cos. 142 142 142 142 Vi Gen. Cigar.. 77% 77 77% 77 Tob. Prod 80% 79% 80 78 Miscellaneous Stocks— Tenn. Cooper 10% 10% 10% 10% Pgh. A W. V. 39% 38 V* 39 38% Chino Copper 30 Vi 30 30 V* 29 % Gt. Nor. Ore 40% 4040 40 Collahan 8 8 8 8% Dav. Chem.. 46% 45% 40 45 Elec. S. Bat. 45 44% 44 % Kresce 1.38% 135 V* 138 135% C C CASL Ry 70% 7* 70 Omaha ... 7,000 116.000 40,000 Indianapolis 4,000 13.000 18.000 Totals . . 422,000 797,000 703.000 Year ago 753.000 435.000 071.000 Clearance* a Wheat. Com. Oats New York. 85.000 43.000 330.000 Poston • 86.000 Philadelphia 468.000 60,000 Baltimore 60.000 Totals . 553,000 249.000 330.000 Year ago 212.000 240,000 INDIANAPOLIS CASH CRAIN —July 12— Bids for car lots of gram and hay at the call of the Indianapolis Board of Trade were: Wheat—Steady; No. 2 red. $1.0301.06. Corn—Easier No. 3 white. 58059 c; No. 4 white, 57 0 57%c: No. 3 yellow, 580 58%c; No. 4 yellow. 67@57%c: No. 3 mixed. 56% 067 c; No. 4 mixed, 55% 0 56c. Oats—Easier: No. 2 white, 34035 c: No. 3 white. 33 034 c. Hay—Weak; No. 1 timothy. sl7 017 50: No. 2 timothy, $l6O 10 50: No. 1 light I clover mixed, $15015.50; No. 1 clover hay. j sl4 .50 015. New hay quotable at $2.5003 under old I hay. —lnspections Wheat—No. 1 red. 1 cars: No. 2 red. 28 ; cars; No 3 red. 5 cars: No. 4 red, l car: : No 4 hard, 1 car: No. 1 mixed, 1 car; No. 2 mixed, 2 cars; cample, 3 cars. Total. 42 cars. Corn—No. 1 white. 1 car: No. 3 white. 2 cars: No. 4 white, 8 cars; No. 5 white, 1 car: No. 3 yellow, 1 car: No. 4 yellow, 5 cars: No. 5 yellow. 3 cars; No. 0 yellow.-2 cars. Total. 53 cars. Oats —No. 3 white. 7 cars: No. 4 white, 2 cars. Total, 9 cars. Rye—No. 2, 2 cars; sample. 1 car. Total. 3 cars Total number of cars for day. 77. Grain prices quoted f. o. b. basis, 41 %c rate to New York. INDIANAPOLIS STOCKS -—July 12— Stocks Bid. Ask. Ind Ry A Light com 57 ... Ind Ry A Light pfd 84% 89% lndpls St. Ry 44 ... Indpls N W pfd 50 lndpls A 9 E pfd 60 T H 1 A L pfd 75 T H I A E com 1 6 THI A E pfd 2% ... U T of Ind com 3 U T of Ind Ist pfd 9% ... U T of Ind 2d pfd 1 6 Advance-Rumely pfd ... Advance Rumely com .. • Am Central Life 200 ... Am Creosoting pfd 94 ... •Belt R R com 66% ... •Belt R R pfd 60% ... Century Bldg Cos pfd 94 ... Citizens Gas Cos 20 ... City Service com 220 223 City Sendee Cos pfd 66% 68% Dodge Mfd pfd ... Home Brewing 65 ... Ind Hotel com 88 ... •Ind Hotel Cos pfd 99 ... Ind Natl Life Ins Cos 2 ... Ind Title Guarantee 50 ... Ind Pipe Lines 89% ... Indpls Abattoir pfd 46 % ... •Indpls Gas 45 ... Indpls Tel pfd 90 ... Indpls Tel com 1 ... Mer Pub Util pfd 60 ... Natl Motor Car Cos, 3 6 Pub Savings Ins Cos 6 ... Rauh Fert pfd 50 ... Standard OUoflndiana 114 ... Sterling Fire Insurance C 0... 7% ... Van Camp Hdw pfd 90 ... Van Camp Prod Ist pfd 97 100 Van Camp Prod 2d psi 100 Vandalia Coal Cos .com 1 5 Vandalia Coal Cos pfd 7 12 Wabash Ry pfd 32 35 Wabash Ry com 12 % 15 Bonds Broad Ripple 5s 62 % ... Citizens St R R ss. . 83 87 Indian Creek Coal A Mines 6s . . 100 ind Coke A Gas 0s 86 90 Indpls C A S 5s 92 Indpls A Martinsville 6s 01% ••• Indpls Northern 6s 40% 60 Indpls St Ry 4s 64 67 Indpls A N w 5s 65 60 Indpls A S E 5s . 40 ... lndpls Shelby A 8 E 65.... 65 ... T HI A E 64% ... Citizens Gas 5 88 87% Indpls Gas 5s 85% 87% Kokomo M A W 5s 88% 91% Ind Hotel Cos 6s * 99 % Indpls Water 5s 96% 99 Indpls Water 4%s 81 85 Indpls T A T 5s 82% 80 Indpls L & H os 91% 93% U T of Ind 6s ..j 59% 62% Mer HAL 5s 99% ... Ntew Tel L D 5s 97 New Tel Ist 6s 97 South Ind Power 6s 87 93 • Ex-dividend. NEW YORK LIBERTY BONDS —July 12— Prev. High. Low. Close Close. L. B. 8%5...100.48 100.38 100.48 100.34 L. B. Ist 4* 99.98 L B. 2nd 4s. 100.48 100.33 100.48 100.00 L B Ist 4 %s. 100.48 100.32 100.48 100.34 I, B 2nd 4% s .100 14 100.10 100.12 100.12 L B 3rd 4 % 5.100.18 100.14 100.14 100.14 L B 4th 4% 5.100.38 100 30 100.34 100.34 Victory 4% s .100.60 100.50 100.50 100.50 NEW YORK METALS By United Financial NEW YORK. July 12.—Copper—Steady: spot and September offered 1300 c. Lead — Dull: spot offered 4.80 c; July and August. 5.75 c. Spelter—Firm: East St. Louis, spot ami July, 5.47% @5.67%c: August, 5.500 5.60 c.

THE INDIANAPOLIS TIMES

SWINE PRICES STEADY TO 15 CENTSJ.OWER Both Packers and Shippers Slow in Buying —Cattle Prices Strong. BA*GE OF HOG PRICES. Good Good Good JUly mixed. heavy. light. 6. $11.05-11.15 $10.85-10.95 sll.lO-11.20 6. 11.00-11.10 1Q.85-11.00 11.10-11.15 7 11 10-11.20 11.00-11.10 11.35-11.35 8. 11.15-11.26 11.00-11.10 11.25-11.35 10. 11.15-11.25 $ll.OO-11.15 $11.25-11.35 11. 11.10-11.15 11.00-11.26 11*0 13. 10.95-11-10 10.75-11.00 11.15-11.40 Swine prices opened steady to 15 cents lower and closed 15 cents lower in trading on the local live stock exchange today. Receipts for the day were large at 9,000 and both packers and shippers were slow in buying. At a late hour in the forenoon only about half the receipts had been sold, and a large holdover for tomorrow's market was expected. Cattle Prices Steady Cattle prices were again strong, with receipts around 1,200, the quality better than the usual run and packers showing fair demands. There were several sales of choice steers at $lO, while heifers brought as high as $9.65. Calves were about steady. The supply ran close to 700 and the quality was fair to good. Shippers displayed fair demands. Sheep Again Steady Sheep were again steady and lambs 50 cents lower, with receipts large at I, the quality none too good and the shippers, aa well as the butchers, demand slow. —Hog*— 100 to 150 lbs. average.... . $11.15 @ 11.40 Over 300 pounds 10.75 150 to 300 lbs 10.25 @11.40 Best pigs, under 140 lbs ... 11.00011.35 Roughs Bulk of sales 10.95 @11.16 Stag. 7-250 8.25 —Cattle— Few choice steers 9.75® 10.00 Pnmn corn-fed steers. 1.000 to 1.300 lbs 8.600 9.00 Good to choice steers. 1.000 to 1,300 lbs. 8.000 8.50 Good to choice steers, 1.000 to 1.200 lbs 7.60 0 8.00 Good to choice steers. 1,000 to 1,100 lbs 7.25 0 7.50 Common to medium steers. 800 to 1.000 lbs. . . . .* 6.50@ 7.25 —Cows and Heifers— / Few choice heifers 9 25® 9.75 Good to choice heifers 8.250 900 Medium heifers 7.75 0 8 25 Common to medium heifers .. 650 0 7.50 Good to choice cows 5.75 0 6.50 Common to good cows 3.75 0 5.75 Canners 2.500 3.50 Cutters 2.25 0 3.25 —Bulls— Fancy butcher bulls 6 250 5 50 Good to choice butcher bulls. 5.00 0 5.25 Bologna bulls 3.60 0 3.75 Light bologna bulls 3.00 0 3.25 Light common bsU* 3.00 0 3.50 —Calve*— Choice vesls 11 0001160 Good veals 10.00 010.60 Medium veals 8 500 9.60 Lightweight veals 7.60 0 8 60 Heavyweight veals 7.000 7.50 Fair to medium 8.500 7.00 —Stockers and Feeders— Good to choice steer* under 800 lbs 6.25 @ 7.50 Medium cows 350 0 3.75 Good cows 4.00 0 4 65 Good heifers 600 0 7 60 Medium to good heifers .... 4.50® 5.75 Milch com and springers... 35 00085 0C —Sheep and Limbs— Cull ewes 150@ 2 00 Good to choice ewes ....... 2 500 600 Bucks 2.00 0 3.30 Yearlings ....? i....... §-92$l.§'§2 Springers 8.60012.60 Culls 4.000 6.50 OTHER LIVESTOCK By United Financial CHICAGO. July 12-—Hogs—Receipt*. 2.000; market, strong to 10c up: top. $11.15: bulk of sales, $9.1501105; heavy weight. $10.50010.85; medium weight, $lO 75011 05: lightweight. $10.8501105: light lights. $lO 35011: heavy packing sows. $8.75 09,50; packing sows. rough. $8.2508.50: pigs. $9.60® 10.50. Cattle — Receipt*. 10,000: market, etrong to 15c up: choice and prime. SIOOIO 60; medium and good. $8.60®10: common. $8.5008.60: good and choice, $9.35010.25: common and medium. $7.35 09.36: butcher cattle and heifers, $5.3009: cows. $4.1008 60: bulls. $4 80 07: canners. cutters, cows and heifers. $2.2504.40: canner steers, $3.500 6.25: veal calves. $8.75 0 10; feeder steers. $5.65 @7.75: Stocker steers. [email protected]: stocker cows and heifers. $3.5005.75 Sheeii —Receipts, 16.000: market, strong: lambs, $12.25013.50; lambs cull and common, $7 @l2- yearling wethers. $8.50011.76: wra, $4 500 7.76; cull to common ewes. $2 @4.25. Bu United Financial CINCINNATI. July 12,—Hogs—Receipts. 8.500: market, steady to 6c higher: heavy and mixed. $11*0: mediums. $11.40011.50: lights, $11.50: roughs. $8.50; stags, $5.50. Cattle—Receipts, 900; market, steady: bulls, steady; calves, sll. Sheep and iambs—Receipts. 6,000; market, strong: ewes, $7 down; choice lambs, 4 sl4; seconds, $9 0 9.60: culls, $4 06. By United Financial CLEVELAND. July 12.—Hogs—Receipts. 2.500: market, higher: yorkers, $1176: mixed. $11.60: mediums, $11.60; pins. $11.75; roughs, $8.75; stags, $5 30. Cattle -—Receipts. 350; market, steady: good to choice steers. $9 09.75: good to choice heifers. $6.75 0 7.75; good to choice cows. $5 0 5.50: fair to good cows, $3.50 0 4 50: common cows, $250 0 350: good to choice bulls SSOO 0 575: milchers. $350 75. Sheep and lambs—Receipts, 700: market slow: top, sl4. Calve*—Receipts, $4; market. etrong; top, $12.50. By United Financial EAST ST. LOUIS, July 13.—Cattle—Receipts, 3,000: market, slow; native beef steers, $6 010.25: yearlings, steers and heiftirs, $4.50010.25: ‘cows. $407; Stockers and feeders, $3.9007.25: calves, $8,500 10.50: <*ows and heifers. $2.5003.70. Hogs— Receipts, 9.000; market, weak: mixed and bu tillers, $10.75011.20: good to heavy, $10.50010.75; rough, $7.50(08.50: light, $10.40011: pigs. $1001050; bulk. sll® 11. Sheep—Receipts, 4.500; market, streng; ewes. $607: canners and choppers. $102: wool Jambs, $12013. By United Financial EAST BUFFALO, July 12.—Cattle—Receipts. 50; market, active; shipping steers. s9® 10.50: butcher grades, $1.5009: cows. $2.6006.50. Calves—Receipts, 2,000; market. slow to 60c lower: culls to choice, S4O 13. Sheep and lambs—Receipts, 2,000; market, active, 50c up: choice lambs, $l4O 15; cull to fair. SBO 13.50: yearlings, $7 0 11: sheep, $307.75. Hogs—Receipts. 2,400; market, active; yorkers, $11,750 11.85; pigs. $11013; mixed, $11.60011.75; heavies. $11.15 011.25; roughs. $809; stags, SSO 6.

6 Of Additional Earnings /ty Take Advantage of Them Hl®® All new deposits made on or before .July 15th with this associan. ~ , tion will draw interest from July Dividends i s t. This is your opportunity - <-'iv Savings advantage of additional Yo„r acmimt with n* dividends that -you may draw is confidential, from this offer. FLETCHER AVENUE SAVINGS AND LOAN ASSOCIATION 10 EAST MARKET STREET IN THE HEART OF THE BUSINESS DISTRICT.

N.Y. CENTRAL IS AUTHORIZED TO BUYJIG FOUR Interstate Commission Sanctions Proposal to Purchase Control. v NOW OWNS 53 PER CENT Offer Even Trade on Preferred and Eighty to Hundred on Common Stock. By United Press WASHINGTON, July 12.—Proposal of the New York Central railroad to acquire complete control of the Cleveland. Cincinnati, Chicago & Bt. Louis railroad was sanctioned by the interstate commerce commission. The New York Central at present owns nearly 58 per cefit of the total outstanding stock of the Big Four. In order to obtain outstanding preferred stock, the New York Central proposes to offer the holders an equal amount of its own stock. To the holders of common stock they will offer eighty shares of New York Central stock in exchange for 100 shares of Big Four common stock. The decision was issued in the face of opposition from owners of preferred stock of the Cleveland, Cincinnati, Chicago & St. Louis railroad. HOGS REACH Si I Figure Touched Again for First Time In Recent Months. By United Financial CHICAGO. July 12.—Hog prices went over the sll mark for the first time in months at the Chicago stockyards today. The market was strong and prices were 10@15c higher. Choice lightweight stock sold at $11.05. Receipts were 20,000, again it 25.000 last "Wednesday. Prices on best grade, cattle were 35c higher. The market was generally strong, with the demand good. Receipts were 10,000. with 14,000 a week ago. , Sheep prices were strong and steady. Receipts of 10,000 were in excess of the demand. IN THE COTTON MARKET By United Financial NEW YORK. July 12.—The cotton market today opened up 1 to 5 points on buying by trade local* and Liverpool on reports of a generally unproved foreign situation and firm cable*. Forecasts for generally showery weather arid firmness in the stock market contributed to further rises during the forenoon. At 12.45 p. m. the list vm strong and up 27 to 32 points Firmness in foreign exchange snd a better feeling In the German reparation situation aided in ihs advance. —Cotton Futures— Open. High. Low. Close. January 21.55 21.94 21 46 21.92 March 21.43 21 81 21.40 21.80 Mav 21 30 21.56 21.10 21.53 July 21.81 22.28- 21 78 22.26 Octob-r 21 94 22 37 21 90 22 31 December 21J5522.22 21.78 22.1 By United Financial NEW ORLEANS, July 12.—Futures were, firm on (he openinr ot the New Orleans Cotton Exchanjs today. Price* were up 5 to 19 points from yesterday* close, reflecting strength In the Liverpool market. Dispatches from Germany to the effect that the financial eltuatotn there had become tea* tens- also helped create a more confident {eetinr October sold at 21.52 c. up 7, points from last sales yesterday. December at 21.30 c was up 5 points. Jainuary at 21.24 c up 19 points and March at 21.00 c up 15 point*. The market continued strong during the first two hour* trading, future# advancing 9 to 23 points CLEVELAND PRODUCE By United Financial CLEVELAND. July 12.—Butter—Extra* in tubs. 41@41%c; prime. 42@43%c; firsts. 39@89%c: packing stocks. 23®25c. Egg*—Fresh gathered, northern extra*. 28c: extras firsts, 27c: Ohio#, 24 %c: western firsts, new rases. 23c. HAN' MARKET The following are the Indtanapolia prlcee for hay. by the wagon load, delivered in Indianapolis: Har—Loose timothy, $lB @2O: mixed hay, $18@19: baled hay. $lB 019. Oat*—New. per bushel, 42 045 c. Corn—Both old and new. per bushel, 63068 c.

We Offer Tax Exempt Securities 5% City of Anderson Bonds Direct obligation of entire City. Denomination SI,OOO Maturities 1922 to 1941 Price to Yield 4.40 to 4.30 REAL ESTATE PREFERRED STOCK ey 2 % Based on ground owned In fee simple, well located In Indianapolis. Guaranteed both principal and interest. ' Serial maturities. Price to yield 6/ 2 % —free of taxes. Breed, Elliott & Harrison 109 N. Pennsylvania St. Indianapolis. Cincinnati. Detroit. Chicago.

Store Closes SATURDAY at 1 O’clock

filE WH.BLOCKCB Hart Bohaffnr & Marx guarantee® clothe* fr men, young men and boys (t to IS? Vi - , ■ ; rA

$5 and $6 MEN’S TROUSERS An Extra Pair With QR Your Coat and " Yest Good, serviceable, all-wool fabrics, including all-wool blue serges, •excellently tailored to stand hard wear. Patterns to match suits, as *vell as good, durable, all-wool work trousers. Sale price, $2.98. GENUINE PALM BEACH MEN’S TROUSERS *™>„.83.85 MEN’S KHAKI TROUSERS 81.00 . Genuine Palm Mohair Suits , Beach Sults For Men and Young Men For Men Yolmg Men sale $11.95 sale $0.95 PRICE- 11= PRICE— ©= • \ Regulars, stouts, 6horts, longs—all Regulars, stouts, shorts, longs—all $11.95. $8.95. tt ' A Special Lot of tWash Frocks $4, $5 and $6 Qualities - £m i Just 200 dresses in the lot taken from higher priced groups and greatly reduced for M 'J'fFFl'' Vf'FV•*• Thursday. Slightly rumpled and soiled from / ; • ; *• / handling, but will launder beautifully. j •*. if.* * •'. \■ W Voiles Organdies *. ••.* /; •• Ml Dotted Swiss Gingham ®>-fw Wash Silk Frocks IP Sg;OG j A I Priced at Li A small group of about 150 tub silk and lajerz frocks f ; irill be quickly dispoed of Thursday at ?5.00. So u') cool and dainty for hot summer days. Attractive pat- * \J terns in light and dark Bliades. Bungalow Aprons \ spz* Large full cut bungalow aprons—Perky Peggy / ||S |j and other good styles—in cool light summer pat- \ terns. Made of good quality percale and trimmed / f|l gja Wa, with rick-rack braid, novel pockets and sashes. I irl Jay (Limit 6 to a customer; no telephone or C. O. D. 1 " 'Gupr orders) J 3 for $2

Men’s Collar Attached Shirts, 79c N 3 for $2.25 Perfectly tailored of soft percale, made with one* pocket; short-pointed collars; one-button de lux cuffs; gray, tan, cream and neat stripes; most all sizes in the lot; special, each 79<1; 3 for $2.25. Men’s Harris Double-Grip Garters Lire elastic; various colors (limit two pairs to a customer); special, IQ/. Men’s “Sealpax” Athletic Union Suits Os fine pin checked nainsook) Aizes 34 to 4s; each suit in a sanitary package (limit two suits to a customer; no phone, mail or C. O. D. orders); Q^r special, Buit

July Sale of BEDDING

BHETSTB 81x90 BLEACHED SHEETS— Medium weight; neatly mad and finished with S-lnch OC_ hems. Very special ODC (No phone orders.) , 81x90 BLEACHED SHEETS—"Seamless,” made of heavy, firm thread sheeting, finished with a 3-lnch hem, highly recommended as to laundering ei in and wearing qualities...^l.lU SEAMLESS DSBA C H E D SHEETS—DoubIe bed size, neatly made, with deep hems; SIJ.S quality .“jC "ONEIDA” BLEACHED SHEETS—”Ctica” quality—--72x90-lnch (dozen, af $14.87), each 81x90-inch (dozen, nfi $16.34), each 81x99-lnch .dozen, pn $17.90). each EMPIRE BLEACHED SHEETS—Mohawk quality—81x90 Inches (dozen, ei r $14.65), each 81x99 Inches (dozen, *>*7 $16.00), each....-’.

THE BASEMENT STORE

Priced Far Below Value Women’s Silk Hose 79c 3 Pairs, $2.25 Excellent quality pure thread silk hose, Irregulars of the well known "Buster Brown” hosiery; imperfections are in the garter tops or in the lisle part of the foot and will not interfere with the wear or appearance. Full length silk boot hose, in black, brown, polo, silver and white; sizes to 10, and plenty of all sizes.

PILLOWCASES HEMMED PILLOWCASES— Made of soft thread, bleached muslin; free from dressing; will launder nicely—--42x36-inch size, eaeh..2s) 40%x36-incb slae, each.22<* EMPIRE PILLOWCASES Mohawk quality, 42x3fi-uich size (dozen. $3,45). 29c ONEIDA PILLOWCASES Utica quality, 42x56-lnch size (dozen, $3.75), OOeach OCC HEMSTITCHED PILLOWCASES—42x36 inches, of soft thread muslin finished with wide hem (no phono orders), OC*. special, each JnDQ SHEETINGS (UNBLEACHED) INDIAN HEAD —Unbleached, yard wld, an extra heavy sheeting that will wear well; ordinarily sells for 25c, Thurs- /• day only, yard..! ..10C UNBLEACHED SHEETING— Double bed width, smooth, eveu weave cotton; easy to bleach (no phone orders), 29c

UNBLEACHED SHEETING— Medium weight, firm, smooth weave, will bleach easily—--2% yards wide, very OQ_ special, yard J“C 2% yards wide, very qg special, yard .JjC “MOHAWK” UNBLEACHED EHEEffING—2% yards r o wide, yard JJC “UTICA” UNBLEACHED SHEETING—2% yards r£ wide, yard DDC 2% yards wide, yard, 60<^. BLEACHED SHEETINGS BLEACHED SHEETING—2% yard* wide, medium weight, will glre excellent service and launder splr-nd dly (no phone orders), special, 70"MOHAWK” BLEACHED SHEETING—2ti yards go , wide, yard ..-/*> C “MOHAWK” BLEACHED SHEETING—2% yards pn wide, yard DOC "UTICA” BLEACHED SHEETING —2% yards pq wide, yard ...DOC

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