Indianapolis Times, Volume 35, Number 57, Indianapolis, Marion County, 17 July 1922 — Page 11

JULY 17, 1922

CHARACTER OF STOCKS MARKS N. Y, MANGE Wall Street Journal Comments on Today's Trading in Line Issues. NO SENSATIONAL ADVANCES Market Not Affected by Sur- * face Currents of Rail and Coal Strike. By United Press XEW YORK. July 17.—The Wall Street Journal today says; Operations on the New York Stock Exchange were more noteworthy today for the character of the stocks /which were featured than for the degree of activity. Line Issues, such as Baldwin Locomotive, Crucible Steel, American Car. American Can, Westinghouse and American Telephone & Telegraph comprised the group on which the lion’s share of the day’s dealings converged. Though no sensational advances were recorded, the steady accumulation of stocks of this class was unmistakable. With the railroad average achieving , anew high on Saturday's close, and the industrial average almost within a point of their top. the combined judgment of the financial community was predicting an early settlement of labor complexities. No matter what delays occur in the settlement of the coal and rail strike, it Is becoming increasingly evident that the market is not to be discouraged by surface currents, such as labor unrest. The market closed irregular.. MONEY AND EXCHANGE Indair.apoiis bank clearings Monday were $3,456,000. bank debits. 55.087.000. NEW YORK MONEY By United Financial NEW YOKE. July 17.—Time money rate*, up to 90 days maturity, today were reduced to 4 per cent. Rates on leans tor longer periods are unchanged at 4% and 4 % per cent, with most ol the loans being made at the latter figure. NEW YORK LIBERTY BONDS —July 17— Prer. High. Low. Close. clo6e. L. B. 3%5...100.94 100.74 100.90 100.80 L B Ist 4 %s. 100.96 100.83 100.90 100.82 L. B. 2d 4 H 3-.100.74 100.52 100.70 100.53 L B. 3d 4 b 5..100.54 100.34 100.54 100.3* L. B. 4h 4%5..106.-14 100.90 101.00 100.92 Victory 4ks.. 100.56 100.48 100.56 100.54 motorTsecurities (By Thomson & McKinnon.) —July 17— —Closing— Bid Ask Ear! Motors . 3’4 4 Packard com 14% lo Packard pfd 80% 87% Peerless 53 54 % Continental Motors com. .... 7% 8 Continental Motors pfd 92 .... Hupp com ...19 44 19*4 , Hupp pfd. ............... .105 115 . I P.o Motor Car ........... 13*4 14 Elgin Motors ............ 114 2 Grant Motors ............. 1 114 Ford of Canada ...-895 400 National Motors .......... 214 3*4 Federal Truck ......... 19 21 Paige Motors 2214 23V4 Republic Truck ........... 10% 11 NEW YORK CURB (By Thomson & McKinnon.) —July 17— —Closing— Bid. Ask. Acme Packing ............ 43 47 Curtis Aero. com. .......... 2% 5 Curtis Aero. pfd. .......... 25 28 Boston 4 Montana 15 16 Boston 4 Montana Corp. ... 75 80 Goldfield Con 5 Jumbo Extension ......... 3 4 Kirby Oil 5% 0 Nipissing 5b f% Standard Motors .......... 4b 5 Salt Creek 151* 16 Tonopah Extension ........ lb I*4 Tonopah Mining ........... 1% IT41 T 4 United P. S. new 6 7 s 7 U. S. Light and Heat ..... lb I*4 U. S. Light and Heat pfd. . 1 % It* Wrlgbt-Martin 2 3 Yukon Gold Mine Cos. ...... 90 100 Jerome 3% 3% New Cornelia .............. 18b 20b United Verde 27 b 28 b Sequoyah 2 8 Omar Oil ................ 114 2 Rep. Tire 50 65 ACTIVE OIL STOCKS (By Thomson 4 McKinnon.) —July 17— —Closing— Bid. Ask. Anglo-American Oil ........ 19 1914 Atlantic Lobos 914 10 Bome-Strymser . ...... .... . .400 420 Buckeye Pipe Line ......... 92 95 Continental Oil. Colorado .....135 145 Cosden Oil and Gas .>...... 6 12 Crescent Pipe Line ......... 34 35 Cumberland Pipe Line ..... .135 145 Elk Basin Pete ..... .... 914 944 Eureka Pipe Line 90 93 Galena-Signal Oil. Pref. .....100 100 4 Galena-Signal Oil. Com. ..... 55 57 ' Illinois Pipe Line 103 168 Indiana Pipe Line ......... 90 91 Merritt Oil ... 914 9*4 .Midwest Oil ... ........ 2b 3 Midwest Rig. ............ .200 .... National Transit 26 27 New York Transit ......165 175 Northern Pipe Line ........ 98 102 Ohio Oil .288 288 Oklahoma P. &R. ......... 8 10 Penn.-Mex 34 38 Prairie Oil and Gas .......590 600 Prairie Pipe Lme .........244 248 Sapidpa Refg. 4 4b So. ir Refining ........... .830 350 Southern Pipe Lme ......... 93 97 South Penn Oil . .*OO 210 Southwest Penn Pipe Lines . 32 64 Standard Oil Cos. of Ind. ...107b 107% Standard Oil Cos. of Kan 530 650 Standard Oil Cos. of Ky. ...... 02% 93b Standard Oil Cos. of Neb. 183 195 Standard Oil Cos. of N. Y. ...425 430 Standard Oil Cos. of Ohio .. . 440 460 Swan 4 Finch ............ 35 45 Vacuum Oil .............. .430 430 Washington OJI ............ 22 23 CHICAGO STOCKS (By Thomson A McKinnon) —July 17— Open. High. Low. Close. Am. Ship. ... 73 73 73 T 2 A. & Cos. ptd. 98 b 98b 98 98% Ar. Leather . 12b .... .... .... Do. pfd...... 85b .... .... .... C C4C R. pfd. 6b .... Com. Edison. 130 b 130% 130% 130% Con. Motors. 7% 7% 7% 7b D. Match ..115 ctH Motors. 3% .... .... .... L. McNeill . 2b 2% i 2b Pick A C 0... 25b P. W. “A”. 41 41 40b 40b Quaker O. .. 98 .... .... Reo Motor .18% S.-Wamer ..44% 44% 44 44 Swift & Cos. ,101 b 101 b 101 b 101 b Swift. In. ..19% 19% 19% 19% Thom. J. R. 52 52 % 52 52 r. C. A C... 57b 57b 66b sb Wahl ...... 59 .... .... .... Wrigley .10314 103% 10$% 103% Fellow Taxi 70 70 b 70 70 WOOLEN MILLS OPEN Spring iSvent Is Outstanding Feature In Textile Trade. By United Financial XEW YORK. July T7—The spring opening of the American Woolen Company today is the outstanding development in the text tie trade. Another event of significance to the textile and dry goods trade is the meeting of dry goods jobbers here tomorrow. Uncertainty regarding gingham prices for next yeer is a disturbing factor

New York Stocks (By Thomson A McKinnon.) —July 17—

Prev. High Low. Close. Close. Railroads— High. Low. Close, close. Atchison ...101% 101 101 b 101 At. C. Line, ,108 b 108 108 108 B. A 0 52% 51% 52 52 b Can. Pcific..J4o% 139 b 139% C. A © 68b 68b 68b. 68b C. A N W. R. 77 75% 76 b 76% C„ R. I. & P. 44% 43 b 43 % 43% !C. A G. W.. 8 7 s 8 % 8% 8 % l Del. A Hud. .121 b 121 b 121 b 121 Del. A Lack„l27b 127 b 137 b 128% Erie 16% 16% 16% 16% Erie Ist pfd. 23:4 23b 23% 23% Gt. N. pfd .81 80 b 30 % 80 b 111. Central. .107% 107 107 K. C. South. 26 b 26 b 26 b 25% Lehigh Val.. 65b 64b 65 65 N. Pacific... 22 21% 22 22 Pan. pfd. 66 6 5 56 55 b S. Y. Central 96 b 95 b 95 b 95% N.YJfJR.A H. 30 % 30 b 30 % ! North. Pac.. 77 77 77 77% : Peunsylvan. .44 43 b 44 44 Reading .... 75%_ 75b 75b ..... South. Ry... 24% 24b 24b 24b So. Pacific... 90 89% 90 89b St. Paul 28 b 27 b 28 27 b |SL Paul pfd. 44 b 43 43 b 43 % I St. L.AS.W.pf 46 46 46 46 : Si-L.ASt.F-R_ 28 b 28 28 ! Tex. A Pac.. 30 29b 29b 30 Union Pac...143 b 141 b 141 b Wabash .... 12 b 12 b 12 b 12% Wab- pfd 32 b 31 b 32 31 % Rubbers— Ajax Rubber 15 15 15 15 Fisk Rubber. 15b 13% 13b 15 KeUy-Sp 48 48 48 .... K. T. A R. Cos. 15b 13b 15b U. S. Rubber 62% 62 62 Equipments— Am. C. A Fd. 168 % 167 167 166 Am. L0c0...116b 114 b 113 b 115% Bald. Loco-- 121% 119 119% 120% Gen. Elec ..171 171 171 .... Lima Loco .. 110% 108 108 110 b N. Y. Air.. 79 78b 78b 78 Pressed 9. a 80b 79 SO 79 Pullman 124 121 b 121% 122% Ry. S. Sp 103 b 104 105% 103% West. Air... 92 92 92 .... West. Electric 61% 59% 60% 60 Steels—i Beth. “B".. 78% 76% 76% 81 Colo Fuel. . 30 30 30 .... : Crucible 79 b 77 77 _% 77 b Gulf States.. 83% 81% 81b 81 Lacka 77% 75% 75% 76 ! Midvale .... 35 V* 34 % 35 % 3-> % Otis 11% lib 11% Hb | Replogle .... 31 % 31 % 31b Rep. I. A 5... 73 71 71 71% U. S. Steel. 100% 99b 99% 99b U. S. Sti pfd 120% 120% 120% -0% Vanadium .. 46% 46b 46% 46b Motors— Chan. Mot .. 70% 70b 70b -• • ■ Gen. Motors. 14% 14% 14% 14% Hupp Motors 19 b 19 19 18% Hudson M... 23 23 23 2 Mack Truck. 54b 53% 24b 04% Max. Mot. B 24% 23 b 24 b 24% Pierce Arrow 19 19 19 .18 % Studebaker .138% 136% 137 b 13 1 b Stromberg .. 46 b 45 45 Stewart Wir. 44 44 44 ..... Willys Over.. 9b 8% 9•* 9% : White Motors 49 49 49 48 ■* Minings—- : Butte C. & Z. 6b 6b 6b l Butte Super. 28% 28 ■■* 28 A 29% l Dome Mines. 30 b 30 b 30 b 30 lot. Nickel.* 17\ 17 1 * !T.G. A Sul. 48 % 47 % 4. % 48 f— Coppers— Am. Smelt 61b 61b 34 % 61b Anaconda ... 52 52 x i 52 4 oL bn NEW HIGH FOR LIBERTIES Fourth 41*8 Reach 101.06 in Another Spurt Upward. j By United Financial NEW YORK. July 17—Another j spurt by Liberty Fourth 4\*s. wnich ! carried the issues to anew high of I 101.06, took place during the afternoon trading in bonds today. Other liberties were in the wake j of the fourth 4%s, 'selling at good levI els, but below the highs reached last i week. Word that the Netherlands loan had ■ been greatly oversubscribed did not | affect the price of the 6 per cent bonds, which still sold around 97, despite the fact that they are being offered on the outside market about a point above this figure. New York Central refunding and improvement sa, selling on a when i issued basis were the leaders or the rail group. They held firm around j 96. Other rails were Irregular. The volume of trading was email. | Liberty issues accounting for most of the activity. MARRIAGE LICENSES Charles W. Alexander. 548 E McCarty St.: ! Mildred Bums. 332 E. McCarty St. Arthur McClellan. 440 Division St.; Lorens Miller. 611 Arbor Ave. _ „ Floyd Clark. Clayton. In<L: LllUe G. Hash. ; 1450 W. Thirty Third St. Wright Galioher. 510 E. Ohio St.; Juanita Wilson. 957 Indiana Ave. Xenophon H. Gohrlng. 653 Ft. Wayne Ave.; Nell M. Steighorst. 1622 W. | Michigan St. Roy Norton. 2843 N. Gale St.; Leona, Lindie. 1960 Hovey Bt. Russell Hiday. .Anderson: Gladys Hiday. 906 E. Eleventh St. BIRTHS Boys Daniel and Marie Moran. 2029 Hoyt. Wilbur and Lena Paris. 304 W. Twenty- ; i First. John and Marie Stefanlnl. 2433 Stewart. Ned and Malory Nichols. 2052 College. Leon and Grace Nefouse, 1106 S. Capitol. Houston and Josephine Robinson, 2056 Hovey. Edgar and Edith Taylor. 1218 E. Georgia. George and Nancy Peters, 1314 E. TwentyThird. Thomas and Garcia McGlynn. 329 E. j South. John and Blanche Alberta, 328 Lexington. Edward and Nellie Hill, city hospital. Roger and Me da RatlifL Methodist Hoe ■ pltsL William and Helen Beasley. Methodist i Hospital. Bryant and Florida Gillespie. Methodist Hospital. James and Arthea Hall. Methodist Hospital. _ m Herman and Ruth* Anderson. 1435 W. -Thirty-Fourth. John and Winifred Chambers. 07 N. Sheridan. Orville and Lenars Robertson. 1230 N. Alabama. Girls Howard and Bessie Logan. Long Hospital. Marshal and Julia Mlchealree, 664 8. East. Leslie and Bennie Logan. 1639 Columbia, j Junes and Jessie Israel, 40.‘.2 E. VJash- : tog ton. Henry and Winnie Mitchell, 803 W. | Twelfth. August a.)l Magda Zimmer, 1324 E. Ray- I mond. Dolly and Mary Gray. Methodist Hos- | pjtfll Cecil and Gleida Clark. 64 8. Rural. Riohard and Edna 8 pel tel, 26 N. Bevllle. Rauza and Agnes Luttrull, 409 Minerva. William and Marguerite Krieg. 487 N. Arsenal. DEATHS Infant Dennis. 4 days. St. Vincent Hospital. premature birth. Samuel J. Payne. 54. 3455 North Illinois, apoplexy. Cecil P. Ban. 22. city hospital, cardiac dilatation Otto Rogers Scott. 45. 516 E. Seventeenth, tuberculosis. Louisa S. Meyer. 85. 1318 Charles, sarcoma. Eleoora Marie Wuellner, 843 Greer, chronic valvule-' heart disease. Bertha Bernitt. 58. St. Vincent Hospital, carcinoma. Luke Woods, 75. 2015 Yandea, apoplexy. Virginia L. Palmer. 76. 504 N. Jefferson, pulmonary tuberculosis. Ruby Morgan. 35. Methodist Hospital, pulmonary embolism. Elihu M. Wlglngton. 40. city hospital, j streptococcic septicaemia. Robert McClellan. 7. Long Hospital, nephritis. Georgia May Serensky. 39. 281 N. Addison. diabetes mellltus. Steve Stefantch. 1. Thirty-Seventh and Jackson, tubercular meningitis. Hanen Harris. 4 months, 413 Hen sen. Obstruction of bowels. INDIANAPOLIS PRODUCE Eggs—Fresh. 19® 20c. Butter—Packing • stocks. IS&IOc Poultry—Fowls, 16 a 20c: leghorn fowls, 15c: broilers. 15 to 2% ;lb sl*. 34c; broilers under l “ lbs.. 12t i stags. 13c; young hen turks, 3 lb. turks. 12 I lbs. up. 2&o: cu 1 thin turkeys not wanted: j ducks. 4 lbs. and up. 15c: geese, 10 lbs. and | up, 12c: squabs. 11 lbs. to dozen. $6; old j guineas, per dozen, $3. Butter—Local dealers are paying 37 @ 38c : per lb. for butter delivered in Indianapolis. I Bui ter: at—Loesl dealers are paying 36 0 1 #8- per lb. for butterfat delivered in Indianapolis

Prev. High. Low. Close. close. Chile Copper 22% 22% 22% 22% Kennecott . . 36 % 38 36 % 36 % Utah Copper 65% 64% 64% 65% Oils— Cal. Petrol.. 61% 01 61 61% Cosden 44% 43% 43% 44% Houston Oil. 75 74% 74% 74% Invinc. 0i1... 14% 14 14 14% Mex. Petrol.. 161% 156% 159% 158 Mex. Sea 8.. 32% 31% 31% 32% Midle S. Oil. 13% 13% 13% 13% Pan-Ara. Pet. 72% 70% 71 70% Pacific 0i1... 67 55% 55% 56% Pierce 0U... 8% 8 8% 8% Pro. & Ref.. 39 % 38 % 39 39 Pure OU 8% 8 8% 20% Royal Dutch 56% 56% 56% 67% St. OU of Ca 1.105 103% 104 104% Sinclair 32 31% 31% 31% Texas Cos. .. 46 45 % 45 % 4b Texas C A O. 26 % 25% 25% 26% T. Oil .... 16% 10% lev* 17 Union OU .. 21% 20% 20% 21% White OU . 8% 8% 8% 8% Industrials— Allied Chem.. 68% 67% 68% 70% Ad. Rumely. 18 18 18 A.-Chalmers . 55% 53% 54% 53% Amer. Can. .57% 55 56% 55% A. Hide A L. 14 14 14 .... A. H. A L pfd 70 70 70 Amer. Ice .110% 109% 110 110 Am. Linseed .34 34 34 .... Am. Woolen . 90% 90% 90% 90% Central L. .39% 38% 38% 39 Cocoa-Cola ..72% 70% 71% 70% Cont. Can ..71% 88% 70% 67 En. Johnson. 83% 83% 82% 82% F. Players. 83% 82% 83 V* 82 Gen. Asphalt 09% 08 68% 08% Inter. Paper. 52% 52% 53% 52% Inter. Harv.,lol% 100% 101 Loews 15% 15 13% 15 Wont. A W.. 32% 23% 22% 22% Nat. Enamel. 54% 53% 54% .... Nat. Lead .100 100 100 Owen Bottle. 35 35 35 .... Pitts. Coal .63 63 63 .... Sears-Roebuck 79% 78 79 77% U. S. R. S. . . 67% 60% 60% 67 U. 9. C. I. P. 33 33 33 33% U. S. In. Al. 61 58 00% 58% Worth. Pump 51% 50% 51% 50 Utilities— Am. T. A T.. 121 % 121% 121% 121% Brk. R. Tran. 25% 25% 25% 25% Consol. Gas.l2s 123% 123% 123% 1 Col. Gas. . 89% 89% 89% 89% People s Gas 85 84% 85 85 West. Union.lo3% 103% 102% 103% Shipping— Am. S. A C... 20% 19% 19% 20% Atl. Gulf 37 36 37 36% In. Mer. Ma. 18% 18% 18% 18% In. M. M. pf. 71% 71 71 73% Foods— Am. Sugar.. 7814 78% 78% Am. Beet Sug 44% 44% 44% 44% Austin Nieh. 27% 27% 27% 27% I Am. Cot. Oil. 27 27 37 Com Pr0d...104 103% 103% 104% Cub. Am. Sg. 23 % 23 % 23 % 23 % Wilson A Cos. 41 % 41 % 41 % Tobaccos— Am. Sumatra 38 37% 37% 40 j Am. Tob. C 0.142 142 142 142 Gen. Cigar... 76% 70 76 Tb. Products SO % 79% 79% 80 Miscellaneous Stocks— Elec S Bat. 44% 44% 44% 44% C.C C.ASt.L.R. 76% 76% 76% 76% Pero Marquet 33 32% 33 32% Pgh A W. V. 38% 38% 38% ! Chino Copper 29 % 29 % 29 % 29 % ! Gt. N Ore. . . 38% 30% 39% |R J Reyn 846 % 46 46% 46 j Dav Chem. . 45% 45% 45 % 46% INDIANAPOLIS STOCKS —July 17— Stocks Bid. Ask. Ind Ry A Light com 57 ... Ind Ry A Light pfd 84 % 89 % Indpls St Ry 45 ... Indpls N W pfd 51 ... Indpls A S E pfd 60 T K I A L pfd - 75 T H I A E com 1 TH I A E pfd 2% ... U T of Ind com 3 UTol Ind Ist pfd 10 15 U T of Ind 2d pfd 1 6 Advanec-Rumeiy pfd ... Advance-Rumely oom 17 ... Am Centra! 7-ife . 200 Am Creosottag pfd 94 ... • Bolt R R com 55 • Belt R R pfd N 60 % ... Century Bldg Cos pfd ....... 94 ... Citizens Gas Cos 20 City Service com 206 210 City Service Cos pfd 66 68 1 Dodge Mfg 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 Ctl pfd 60 Natl Motor Car Cos 2% 4 Pub Savings Ins Cos 8 ... : Rauh Fert pfd 49 ... ! Standard Oil of Ltdlana ... 106% ... ! Sterling Fire Insurance Cos.. 7% ... Van Camp Hdw pM ... 90 ... j Van Camp Prod Ist pfd 100 I Van Camp Prod 2d pfd.... ... ,100 j Vandalia Coal Cos com 1 5 Vandalia Coal Cos pfd 7 12 Wabash Ry pfd 31 34 Wabash Ry com 12 16 Bonds Broad Ripple 5s • 83 ... Citizens St R R 5s 83 88 Indiana Creek Coal A M 8 ... ... Ind Coke A Gas 6s .... : Indpls C A S 5s 92 Indplß A Martinsville 5s .. . . 01% ... | Indpls Northern 5s 46% 50 Indpls St Ry 4s 65 67% I Indpls A N W 5s 65 60 Indpls A S E 5s 40 ... Indpls Shelby A8 E 55.... 05 ... T H I A E 6s 64 % Citizens Gas 5s .... 86% 87% i Indpls Gas 5s .. . . 85% 87% ' Kokomo M A W 5s 88 % 92 i Ind Hotel Cos 8s 99% Indpls Water 5s 98% 100 ! Indpls Water 4%s 80 ... Indpls T A T 5s 82% 06 Indpls L A H 5s 01% 93% U T of Ind 8 .., 60% 62% Mer H A L 5s 00% ... New Tel L D 5s 97 New Tel Ist 0* 97 South Ind Power 6s ... • Ex-dlvldend. Liberty Bonds Liberty first 3%s 100 70 101.00 Liberty first 4 %s. 100.78 101 00 Liberty second 4% s 100 60 100.80 Liberty third 4%s 100.42 100.60 Liberty fourth 4%s 101.00 101.12 Victory 4% s 100.46 100.56 —Sale*— $2 00 Indianapolis Street Railway 4s at 65. $5,000 Liberty fourth 4%s at TOl. IN THE COTTON MARKET By United Financial NEW YORK. July 17.—Cotton eold o.T 16 to 20 points at the opening call on the New York market today on selling by the South. New Orleans, Wall street and Japan. Spot house* were credited with buying. Poor cables, the easier tone of the foreign exchange market, the preaent unfavorable outlook for the rail strike and the i weakness of Liverpool contributed to the | bearish sentiment. At the end of the first half hour futures | were unchanged to 5 points up fronf the I opening. Trading was quiet and during the momi In* session, selling pressure developing. Futures were relatively eteady. Around noon option* were off 8 to 11 point*. COTTON FUTURES Open. High. Low. Close. January 21.80 21.92 21.55 21.60 March 21.73 21.83 21.50 21.50 May 21.54 21.37 21.34 21 40 July 22.30 22.22 21.04 JJ1.94 October 22.30 22.37 21.87 December 22.10 22.25 21.78 21.85 By United Financial NEW ORLEANS, July 17.—Bearish Liverpool reports and cables from Europe. China and India declaring business very slow caused the market to be off on the opening call of the looal cotton exchange today. Futures were off 13 to 18 points from Saturday’s close. CORN AND WHEAT BULLETIN For the twenty-four hours ending at 7 a. m., Monday. July 17. 1022: Temperature x) - g a •{ —a * o Stations of M Z 4 , Indianapolis * District ■■g Sg r 7J C *3 fc'O.C lijiMjii South Bend .... 88 170 0 Good Angola 89 88 0.39 Good Ft. Wayne 88 70 0 Wheatfteld 91 70 0.26 Good Royal Center ... 88 00 0.88 Good Marion 90 70 0.62 Good Lafayette ...... 88 72 0.00 I Good Farmland 91 70 I 0 1 Good Indianapolis .... 90 70 I 0 Good Cambridge City. . 88 71 0 1 Good Terre Haute .... 94 74 01 Bloomington .... 93 70 0 Good Columbus 95 71 0 I Good Vincennes 05 72 0 i Good Paoll .. . - 88 72 0 | Good Evansville 92 | 74 0 | , J. H. ARMINGTON. Weather R-ireso.

THE INDIANAPOLIS TIMES

SWINE PRICES, WITH RECEIPTS LOVMJP SOME Trading t Extremely Active op Local Stock Market —Cat- * tie Reach 1,800 Figure. RANGE OF HOG PRICKS. Good Good Good July mixed. heavy. light. 10. $11.15-11.25 $ll.OO-11.15 $11.25-11.33 11. 11.10-11.15 11.00-11.25 11.40 12. 10.05-11.10 10.75-11.00 11.15-11.40 13. 10.95-11.10 10.75-10.95 11.15-11.85 14. 10.80-11.00 10.65-10.85 11 00-11.25 15. 10.80-10.85 10.60-10.80 11.00 17. 10.65-11.15 10.65-10.85 11.15-11.35 With receipts extremely light at 3,500, swine prices were 10 to 26 cents higher in trading on tho local livestock market today. Trading was of an extremely active nature, and practically all of the receipts had been sold at a very early hour in the forenoon. Packers took the bulk of the receipts, although shippers was active. Cattle Prices Steady Cattle prices were steady oh the good to choice grades and weak to lower on the more common grades. Although receipts were the largest seen on this market for some time, at close to 1,800, few good cattle were for sale. A few sales of good to choice medium weight steers at $lO were made, 'an da similar number of good to choice heifers at around [email protected]. These prices were the tops for the day. Calves Shade Higher Calves were strong to a sha.de higher in spots, with receipts light at 650, the qualify fair to good generally and the shipping demand brisk. Both sheep and lamb '♦alues ruled steady. Receipts were light at 300, the qaulity was fair and tho demand rather slow. —Hog—— 100 to 150 !bs averags sll 15 @11.35 Over 300 pounds ........... 10 65 150 to 300 lb* [email protected] Best pigs under 140 lbs. .. [email protected] Roughs 8.50@ 9.00 Top 11.35 Bulk of isales 10.75 011.25 Stags ..: 7.00@ 8.25 --Cattle— Few choice steers 10.00 @10.50 Prime corn-fed steers, 1,000 to 1.300 ibs 8.60 @ 9.00 Good to choice steers. 1,000 to 1,300 lbs 8.00 0 8.50 Good to choin sieera, 1.000 to 1.200 lb 7.60a 8.00 Good to choice steers. 1.000 to 1.100 lbs 7.25® 7.60 Common to medium steers. _BOO to 1.000 lbs 0.50® 7.25 —tows and Heifers— Few choice heifers 9.50® 10 00 Good to choioe heifers 8.25<* 9.00 Medium heifers 7.75® 8.25 , Common to medium heifers .. 6.60® 7.50 • Good to choice cows ....... 6.75® 6.50 Common to good cows ...... 3 75.® 575 Conners 2.50® 3.60 Cutlers 2.25® 3.26 —Bulls— „ Fancy butcher bulls 6 26® 5 30 Good to choice br'.cher bulls. 6 00® 5 25 Bologna bulls 3.50® 375 Light bologna bulls 3.00® 3.25 Light common bulls B.oo® 3.50 —Calve*— Choice ve*!t 10.00 @10.60 Good vesis 9.50® 10.00 Medium veal* B.oo® 9.00 Lightweight veals 2.00® 800 Heavyweight veaia 0.60® 7.00 | Fair to medium 6 00® 6.50 Top 1100 —Stockers and Feeder*— / Good to choice steers under 800 lbs 5 25® 7.50 Medium cows 3.60 @ 375 Good cows 4.00® 4.65 Good heifer* 6.00® 750 Medium to good halfer* .... 4.5C® 6.75 Milch cows and springer**... 35.00®85.00 —Sheep and Lambs— Cull ewe 1.50® 2.00 Good to choioe ewes 2.50® 6.00 Bucks 2.00 0 <1.30 Yearlings 6.00® 8.50 Springers 0 00® 13.00 Culls OTHER LIVESTOCK By United Financial CINCINNATI, July 17—Hogs—Receipts. 4.100; market, packers. 5 cents lower; lights. 5 cents higher: other grade*, steady; heavies. SlO 75; mixed and mediums. $11; lights. $11.10; pigs $10.60; roughs. $8; stags. $6 0 5 25. Cattle—Receipts. 3.200' markst, weak to lower; bulls weak and lower; calves. $lO down. Sheep and lamb#—Receipts, 2.000; market, steady; ewea. $7 down: choice lambs $14.50; seconds. $9.60 @10; culls, $550 07. By United Financial CLEVELAND. July 17.—Hogs—Receipts. 25; market. 16® 25c lower: yorkors. sll 50: mixed, $11.50; mediums. $11.25; pigs. 911.00: roughs. $8.50; stags, $5.50. Cattle —Receipts, 1.500; market, 230 lower; good to choice eteers. $9 2509.75; good to choice heifers. $0.50®7.25’: good to choice cows. $4.5006.60: fair to good cows. $2.50 @4.00; common cows. $2.5003.50; good to choice bulls. ss® 6: milchers. $25 frr 7.v. Sheep and lambs—Receipts, 1,400: market, steady; top. $13.30. Calves—Receipts. 700; market, active; top, sl2. By United Financial ' KANSAS CITY, July 17.—Hogs—Receipts. 7.000; market. s@loc up: bulk, $0.55010.23: heavies. $0.05010.50; butchers. $10010.30; lights. [email protected]; pigs, $9.50010.65. Cattle • Receipts. 17,000: market, steady: prime fed eteers, $9.60 @10.30: plain to ialr dressed beef steers, $7.5009.65: Western steers. $7.25® 9.50; Southern Steers. $5.25 @8.60; cows, $2.25 @7.so;hclfers. $5.2509.40: Stockers and feeders s4@B; bulls. $2.4005 46; ca'vea. $4.60® 8 00. Sheep—Receipts. <.000; market, 25c lower; lambs, $7.75 @ 13.15: Yearlings, $8.26 010.25; wethers, $8.25 @ 7.50; ewes. $4.25 @6.25; Stockers and feeders. s©@ll.3o. By United Financial EAST BUFFALO. July 17.—Cattle—Receipts, 3,500: market, active firm; prime steers, $10.50; shipping steers, $R@ 10.30: butcher grades, $808.76; heifers, $5.50® 8.26; cows. [email protected]: bulls. $3.75® 5.76; milch cows, springers, 9200115. Calves—Receipts. 1,800: market, active, 50c up: culls to choice. $4011.50. Sheep and lambs—Receipts. 1.800: market, active, 260 up: choice lambs. $401425; cull to fair, $8(013.76: yearlings, s7@ll; sheep, s3®B. Hogs—Receipts. 6,400; markeh active, 15@850 tip; yorkers, $11.756211.85| pigs, $11.86012: mixed. $11.38@ 11.76 s heavies. $11011.25: roughs. $8.70®8.76; stags. $5 @9. PLAN FOR DONORS Rily Hospital Units May Bo Named for Contributors. John B. Reynolds, director of the campaigm to raise a $2,000,000 building fund for the Riley Hospital for Children, has announced the following schedule for the larger memorials for donors to the hospital. Three ward buildings, $160,000 each; amphitheater, $90,000: sanitary kitchen, $76,000; laundry, $60,000; gymnasliim, S&O,000; babies' dispensary. $26,000; X-ray section, $25,000: large operating room, $20,000; small operating rooms, $3,000 each; six memorial windows, $5,000 each. Several State-wide organizations desire to raise certain amounts for the privilege of naming some building, ward or other feature, Mr. Reynolds said. CLEVELAND PRODUCE By United Financial CLEVELAND, July 17.—Butter—Extra, in tubs. 41%@43c: prime, 43%®43c; firsts. 39% ® 40c; packing stock. 28® 26c. Eggs—Fresh gathered Northern extras. 28%o; extra first. 27%0; Ohios, 24%e; Western firsts, new cases. 23 %c. Poultry— Live, heavy fowls, 25®270; roosters. 15o: = crine ducks. 2<5@280.

GRAIN PRICES SHARPLY LOWER ON jIG SALES Eastern Connections Drive Wheat Down Carrying Others Along. By United Press CHICAGO, July 17.—Grain prices were sharply lower at the close of the Chicago Board of Trade today. Heavy selling by houses with eastern connections was the principal factor in the decline in wheat, the other grains showing some independent strength but dropping in sympathy with wheat. While no definite cause for selling by the seaboarders could be given among local traders, it was believed that the possibility of peace in the rail strike have induced the heavy selling. Local houses followed the Easterners and prices were off about 3 cents on wheat until a rally at the close gained about 1 cent of the loss. Provisions were lower. Closing Grain Prices July wheat opened up %c at $1.16%, and closed off l%c. September opened unchanged at $1.14%, and closed off 2%c. December opened up %c at $1.16%, and closed off 2%c. July corn opened up %c at 63c, and closed off lc. September opened up %c at 65 %c, and closed off l%c. December opened up %c at 63 %c, and closed off 2c. CHICAGO GRAIN TABLE —July 17— By United Financial WHEAT— Open. High. Low. Close. July... 1.16% 1.17% 1.14 1.14% Sept... 1.14% 1.15% 1.11% 1.12 Dec 1.16% 1.17 1.14 114 CORN— July... .63 .63% .62 .62 Sept... .65% .65% .03% .64 Dec 63% .63% .61% .61% OATS— July... .84% .35 .34% .34% Sept. .. .37 % .37 % M % .36 % Deo 40% .40% .38% .38% LARD— July... 10 80 10 82 10.80 10.80 Sept... 10.95 10.97 10.80 10.90 RIBS—•JuIy 1662 •Sept 10.50 RYE— July... .84% .84% .83% .83% Sept. . . .83% .82% .81% .81% •Nominal. CHICAGO CASH GRAIN ‘ By United Financial CHICAGO, July 17. Wheat—No. 2 rr*A. $1 15 : No. .{ rod. Sl.lfl: No. hard. $1 IflS: No. 3 hard. sl.lsMi. Corn—No. ! 1 yellow, 05 V* . No 2 yellow. 04 No. A i yellow. 04 ; No. 4 yellow, 640 No. 5 yellow. o S\c: No. 6 yellow. 63 Vic: No. 2 mixed. 04V4r: No. 3 mixed. 04 He: No. 4 mixed. 6/V)C: No 5 mixed. 03\c; No. 0 ! mixed. 03Hr: No 2 white. 05He: No. 3 j white. 05o; No. 4 white, 04c; No. 0 white, jO3 Sc. Oat®—No. 3 whlto. 35c; No. 4 white. .36 \k c. INDIANAPOLIS CASH GRAIN —-July 17— 4 Bids for ear lota of grain and hay at the call of the Indianapolis L ard of Trade were; Wheat —Easier. No. 2 red. $1.03® 104. Com—Easier: No 3 white. 58%®59e No. 4 white, 57% @sßc; No. 3 yellow, 58 @s9c: No, 4 yellow, 57@5Se; No. 3 mixed, 57% ®sß%c: No, 4 mixed. 66%@57%c. Oat#—Steadv: No. 2 white, 34%@35c; No 3 white. 33% @ 34c, Hay—Weak: No. 1 timothy. sl7® 17.50; No, 2 timothy. [email protected]; No. 1 light clover mixed. [email protected]: No. 1 clover hay. $14.50@15 New hay quotablo at $2.50 @3 under old. —lnspection# No. 2 reel. 27 cars; No. 3 red. 20 ears: No. 4 red. 5 oars; No. 2 mixed. 6 cars. Total. 58 cars. Corn—No. 2 white. 2 ears: No. 3 white. 1 care; No. 4 white. 3 cars; No. 8 white, 2 cars: No. 2 yellow. 1 car; No. 3 yellow. 5 cars; No 4 yellow, 5 cars: No. 5 yellow. 7 cars' No. 6 yellow. 5 cars; sample yellow. | l car: No. 3 mixed. 3 cars No 4 mixed. 1 ! car- No. 5 mlxod. 2 cars Total, 41 cars. Oats —No. 2 white. 2 cars; No. 3 white. 0 cars: No. 4 white, 7 cars. Total. 18 cars %ye— No. 2. 1 car; No 3. 1 ear: No. 4. 1 car. Total. 3 cars. Total number of cars, 120. Grain prices quoted f. c. b. basis 41 %o rate to New York. PRIMARY MARKETS (By Thomson A- McKinnon.) —July 17— Receipts Wheat. Com. Oats. Stoux Cttv . 10.000 82.000 24.000 St Joseph . 65,000 126.000 >4 (100 Chicago . . . 231.000 458.000 27.000 Milwaukee 6.000 41.000 82.000 Minneapolis 236,000 39.000 58.000 Duluth 2.000 9t Louis . 269.000 190 000 ISB.OOO Toledo 35.000 5.000 12.000 Detroit . 4.000 4.000 16.000 Kansas City 410,000 86.000 24.000 Omaha . . . 163.000 154.000 90,000 Indianapoil# 55.000 55.000 22.000 Total# 1.493.000 1,190.000 744.000 Year ago 4.673.000 , 702.000 708.0(io Shipment* Wheat. Corn. Oats. Bloux Cttv 64.000 10,000 st. Joseph. 7.000 43,000 Chicago . . 26,000 978.000 571.000 Milwaukee. 6.000 370,000 105.000 Minneapolis 327,000 184,000 146,000 Bt. Louis. 116.000 156.000 71.000 Toledo .... 2,000 2.000 Detroit 4.000 0.000 Kansas City 204.000 34.000 14.000 Omaha ... 30.000 90,000 36.000 Indianapolis 5,000 14.000 22,000 Totals . . 823.000 1.943.000 985.000 Year ago 1.015 'o 846,000 474.000 (V'arance# Wheat. Com. Oats. New York . 80.000 17.000 432.000 Philadelphia 10,>00 112.000 Baltimore 43,000 New Orleans 50,000 Galveston . 249.000 Totals . 345.000 228.000 432.000 Year ago 1.800,000 77,000 10,000 HOG PRICES HIGHER Receipts Heavy With Good Stale Supply Insufficient for Demand. By Ignited Financial CHICAGO, July 17.—Hog prices were 10 to 15 cents higher at the Chicago stock yards today. Fresh arrivals of 47)000 were supplemented by a stale supply of only 7,224 and the demand more than met the supply at the local yards. Cattle prices remained steady throughout the day’s trading. Receipts were 21,000, lr. excess of demand. The three big markets posted a total supply of more than 74.000, compared with 68,000 last Monday. Big killers received about 1,000 head from other trading points. , Prices held steady on most sheep, but lambs declined about 25 cents. Receipts of 22,000 were reduced by the killers taking 2,600 direct from other markets, but prices were kept fairly eteady on common grades. The total supply at the three big markets was about 1,000 heavier than a week ago. Hawks Attack Couple BATTLE CREEK. Mich.—A battle with chicken hawks which lasted for two hours and finally forced them, after being slightly wounded, to seek safety in flight, was jhe thrilling experience of Mr. and John Fleming

CUT IN GASOLINE PRICES UNIQUE ATTHjSSEASON Usual Procedure Calls for Advance, Due to Large Consumption. OVERPRODUCTION IS FIRST Falling Off in Mexican Oil Fields of Secondary Importance. By TV. B. GRTUEB. United Financial Staff Correspondent. NEW YORK, July 17.—A drop in the price of gasoline following the cut of 25c a barrel in the price of crude oil was predicted In well-in-formed quarters here today. The predicted cut, if it comes, will he unique in the fact that It will coincide with the season of greatest gasoline consumption. This is usually the season for gasoline advance*. Overproduction Important The fut proved conclusively that the domestic overproduction was of more importance than the falling away of the Mexican fields. According to the Oil City Derrick, the production of crude in the United i States last week was 1,503,950 barrels a day. This is an increase of 43,869 barrels over the previous week. When this estimate is taken in connection with the Geological Survey figures that 100,000,000 barrels of crude oil has been added to storage In about a year. Another thing pointing to the gasoline reduction is the freight rate cut, which already has canned one company, Standard Oil of Indiana, to reduce its price from one-fifth to twofifths of a cent. Reductions Announced Reductions in crude oil prices were announced by the Prairie Oil and Gas and Sinclair Crude Purchasing Company in addition to Standard of California. Today came an announcement that the Magnolia Petroleum Company and the Texas Company bad followed the lead. Meanwhile other oil compnies are following the lead of Standard Oil of California in reducing crude oil pricqs The cut in Pennsylvania crude oil was made by all the companies operating in that field, according to ad- ; vices here. | Dispatches from the West (noted E. J. Bullock, vice president of the Standard Oil of Indian A as Raying that, regardless of the developments in crude oil, the gasoline situation was favorable because of the large consumption. Yegg Will Reform LEAVENWORTH, Kan. —"W e 11, I’ve learned my lesson. Guess I'll ! have sense enough to ‘Go straight ! now." said Harry Muldoon, "king of ; yeggs." He was outside of Leavenworth pen. a man 86 years old, Mho had Just finished one more "stretch." Some of the rubber plantations i.i Brazil are being planted to cotton. Porto Rico exported nearly 225,000,000 cigars in 1920. Slavery and polygamy are both legitimate among the Aztecs. Paris was the home of the first public asylum for the blind. The salary of the Canadian prime minister is $19,000 a year.

Only in The Commercial will yoil now find the PUBLIC LEDGER Leased Wire Service, Monitor's YTall Street, Spillane’s Business, Carroll’s New York, Barry’s Washington. The Business Paper of Indianapolis will be delivered to your desk every day except Sunday, for 75 Cents a Month or $8 a Year. PHONE MAIN 0580

AN OFFICE NEED VERTICAL. LETTER FILE FOUR-IIRAWER ALL-STEEL ™*p3rqi AT THE NEW LOW Mg) B | PRICE |wl ** A newly de-BBr-jH signed tie AAR gj G to n>ee a U JIB g|R w * lower cost Ajy grade in every detail, Spi ri I with Progressive rollSsKS M | er suspensions and positive lock followCAP AND BILL SIZE CABINETS AT SLIGHTLY HIGHER PRICES. * 4Be 116 Sooth Pennsylvania It

TERSE MARKET NOTES By United Financial DI7TEOIT. July 17.—Automobile plants hors with 11 per cent fewer employes than during the 1919-1920 peak period are turning out from 10 to 15 per cent more cars. The Employers' Association officials estimate the total Industrial employment at 275,000. compared with a peak of 310.000. Some 165.000 men are employed In strictly automotive lines. By United Financial TAMPICO, July 17/—Graham & Blacks Chlconcillo well is showing 25 per cent salt water. This Indicate* the seriousness of the Mexican oil situation. This well was completed last Friday with au estimated production of 20.000 barrels. Quick disappearance of the well as a producer is a distinct disappointment. By United Financial NEW YOBK, July 17/—With Indications that next year's Cuban sugar crop will be 9hort and prices possibly higher, tho Cuban Sugar Cane Corporation may show Rn earning power that will improve its credit and permit reduction to floating liabilities which have ave red considerably more than $25,000,000 during the past year. Dividends on the preferred stock appear to be a long way off unless average prices of 4 cents a pound or more are realized anc a method found for funding the floating debt. By United Financial NEW YORK. July 17.—The iTnion Plant of the Bethlehem Shlpbuildlnr Cos. has been awarded a contract by St ndard Oil ol California for the eonstructior of a 230 foot tanker of 2.500 deadweight tans. The

Store Closes Saturday at 1 The Wm. H. Block Cos. IfSpjFTHE BASEMENT CTOftR-Tlfigl Mohair Suits For Men. and Young Men SALE $"I I .95 PRICE—> V I | Regulars, stouts, shorts, longs; all S 11.95. Genuine Palm Beach Suits For Men and Young Men SALE $12^.95 PRICE— Regulars, stouts, shorts, longs; all §8.95. $ 5 and s 6 Men’s Trousers, $2.98 An Extra Pair With Your Coat and Vest Good, serviceable, all-wool fabrics, including all-wool blue serges, excellently tailored to stand hard wear. Patterns to match suits, as well as good, durable, all-wool work trousers. Sale price, $2.98. " \ GENUINE PALM BEACH MEN’S TROUSERS Remarkable Values in Silk Dresses For Women and Misses 4L $Q.9§ Presses to meet every requirement!—for sports wear, business wear, afternoon and evening affairs. Attractively styled and effectively embellished with beads, embroidery and braid* Cascade Silks George Crepes Canton Crepes Lace Chantilly Sports Weaves Featuring the very newest style tendenefes—culotte paneh% drapes, bateau, round and Y necks, angel and slashed sleeves. In all the wanted ahades, such as Jade, black, rose, navy, flesh, bisque coral and white. Special Purchase and Sale of Sale New Corsets iSI mi. 50 ,52.00 fT 00 y and $2.50 ▼ izjz. /Vf| and Qualities \ \ | / A large manufacturer closed out hrs euj* I\l \_j/ plus stocl. and salesman a samples to us at fivLjS * fraction of their former worth and the average sayings we are affording our customers n will be one-half or moret, H Brocades Broches "j f| Batiste Novelties lli Coutils Made by a manufacturer whose name stands for the most careful workmanship, authentic styles, and high grade materials. Front and back lace models in flesh and white. For slight, average or large figures. Each and every corset guaranteed.. —Extra Selling Spat-3 —Extra Salespeople

Ship Is to be of special design for Padfi coast service, with Diesel Electric engine*. By United Financial BUTTE MONT.. July 17.—John D Ryan, president of the Anaconda Copper Cos states the June deliveries of copper wep greater than for any month, except durlni the war period. He stated scrap copper t practically used up throughout the world Anaconda, he said. 1* taking oTer the com pany operating In the western part of thi Butt* cUatrlet. This Is believed to be th Anzlruo Mining Company. He stated An aconda would take over many othiw claim in zmc-sOver sections of the Butte district He intimated that Anaconda, in order b do this and carry out other plan*, wouli do farther financing before the end of tl* rear. By United Financial NEW YORK, July 17c—Step* ami tmda way for a comprehensive reorganization 0 the Pierce-Arrow Motor Car Company) finances. The company has been cleaniai house at its factory hoping to lay the foun dation on which the new financial struotun can be raised. It has worked off all high priced materials. Lower prices on curren buying are favorable to plans for gr*4® production. Bank loans have been cu $250,000 to $7,000,000. By United Financial WASHINGTON. July 17,—Th* IntartxU Commerce Commission has approved the a<3 ouisition by the Pennsylvania E abroad o control of the railroad and leased line* a the P. C. C. * St. Louis by lease Authorization was given upon tbs exprea condition that the Pennsylvania Gompan: and Pennsylvania Kailroad shall cot hers after sell, pledge or other?**? i the capital stock o 1 the P„ C„ C. ot, or any part thereof without consent at tb

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