Indianapolis Times, Volume 35, Number 64, Indianapolis, Marion County, 25 July 1922 — Page 10

10

MOTOR ISSUES RECOVER FROM EfIRLYJLOMPS Few Automobile Stocks Available at Monday’s Low Prices. RALLIES ARE POINTED Speculators Lay Improvement to Possible Solution of Strike. By United Financial NEW YORK, July 25.—The Wall Street Journal today says: Price movements in the industrial ; on the New York Stock Exchange j today were confined to the view that the clauses had more to do with Monday's reaction than uncertainty over the coal strike. From the start of the day it was evident that professional operators who had put out short lines in the previous sessions were going to have difficulties in retiring their contracts without fitting up the market against themselves. In issues with a normally thin market, like American Ice and Maxwell Motor A, there was no stock available at anything like the low prices touched Monday, while the recovery in Studefcaker, Chandler, Baldwin and other 6tocks which had been hard hit in the previous day’s selling, proceeded steadily throughout the session. When the rallying movement was at its height around 2 o'clock speculatives displayed a disposition to attribute a better tone to the more encouraging outlook for a break in the railroad strike. This thought at the recovery was more pronounced among the industrials than in the carriergroup which made it plain that the markets internal position was more responsible for the high prices than any sudden change in the labor complexities. Just as on Monday the industrial group was in formidable technical shape because of its persistent advance in face of last week’s adversities, so today the same class of stocks was in position to respond readily to efforts to bring about a rally. This position was accentuated by reason of the fact that last week's new highs in the industrial average had demonstrated that underlying conditions were aggressively bullish. LOCAL BANK CLEARINGS Indianapolis bank clearinss for Tuesday were §2.875.000; bank debits. $3.246,000. NEW YORK MONEY By United Financial SEW YORK. July 25.—Brokers are obtaining 6ixty and ninety-day money at 4 per cent on both classes of collateral although there is little discrimination anion? banks in the matter of rails and industrials. Six months loans 4 % per cent. Renewals command those figurc-e. NEW YORK CALL MONEY NEW YORK. July 25.—Money—Call money ruled 4 per cent: high. 4 per cent: low. 4 per cent. Time ra'es. quiet; all 4<l. 4 1 i per cent. Prime mercantile paper, quiet. NEW YORK LIBERTY BONDS —July 25 Prate High. bow. Close. close Z B 3%s ...101,18 100.98 100.90 100.98 L B Ist 4H s. 101.60 101.44 101 54 101.60 b B 2d 4>* h. 100.98 100.84 100.94 101. OH L B 3d 4 ! i5.100.90 100.82 100.84 100.88 b B 4th 4%s 101.74 101.02 101.68 101.68 Victory 4’i5..100.58 100.50 100.58 100.56 MOTOR SECURITIES (By Thomson & McKinnon.) —July 25 —Closing— Bid. Ask. Ear! Motors ............... 2Vs 3 Packard com 14 14 Vi Packard pfd 80 87 % Peerless 57 69 Continental Motors com 7 V 4 7% Continental Motors pfd 90 95 Hupp com 18%, 19 >4 Hupp pfd 105 110 Reo Motor Car 13 V 4 13 Vj Elgin Motors 1 2 Grant Motors % 1 Ford of Canada 385 395 International Motor com. .... 65 67 National Motors 2 3 Federal Truck 20 23 Paige Motors 22 23 Republic Truck 9 % 10 ACTIVE OIL STOCKS (By Thomson & McKinnon) —July 25 —Opening— Bid. Ask. Anglo-American Oil 18% 18% Atlantic Lobes 9% 10 Borne-Scrymser 390 410 Buckeye Pipe Line 92 94 Chesebrough Mtg. C0n5...,... 185 195 Continental Oil, Colorado.... 135 145 Cosden Oil and Gas 5 514 Crescent Pipe Line 33 35 Cumberland Pip 6 Line 135 145 Elk Basin Pete 8% 9 Eureka Pipe Line ... 87 90 Galena-Signal Oil, pref 100 105 Galena-Signal Oil. com 52 54 Illinois Pipe Line 163 108 Indiana Pipe Line 88 90 Merritt Oil 9 9 Vi Midwest Oil 2V4 3 Midwest Rfg 200 ~. . National Transit ...... . 25% 26% New York Transit 100 170 Northern. Pipe Line 90 99 Ohio Oil 170 278 Oklahoma P. t R 8 9 Peun.-Mex 33 37 Prairie Oil and Gas ...™. 570 590 Prairie Pipe Line 244 24S Sapulpa Refg 3’i 3% Solar Refining ~-.330 350 Southern Pipe Line 90 93 South Penn Oil 200 210 Southwest Penn Pipe Lines.. 01 03 Standard Oil Cos. of Ind 100 Vs IOOVi Standard Oil Cos. of Kan...... 530 550 Standard Oil Cos. of Ky 92% 93% Standard Oil Cos. of Neb.... 170 180 Standard Oil Cos. of N. Y 408 413 Standard Oil Cos. of Ohio. .. .440 400 Swan & Finch 35 45 Vacuum Oil or. 415 425 Washington Oil .... 22 28 NEW YORK CURB MARKET Ifiy Thomson A McKinnon) —duly 25 Closing Bid. Ask. Acme Packing......... 43 48 Durtis Aero com 3V4 5 Dtirtis Aero pfd 25 28 Boston & Montana 15 16 Boston & Montana Cor.. 79 81 Soldfleld Cou 5 fumbo Extension 3 4 Kirby Oil 5 5V4 Nipissing 5% 5Va Standard Motors 4 ! i 5 Salt Creek 15 V* 15 V* Tonopah Extension.... I*4 111-18 Tonopah Mining 1% 1 T - United P S new O'a 6% 0. S. Light & Heat 1% 1% IT. S. Light Sc Heat pfd. 1 % IT. (Vright-Martin 2 6 t'ukon Gold Mine Cos. .. 95 100 ferome 3V4 3% New Cornelia.! 19 20 United Verde 27 V 4 30 Sequoyah ........... 2 8 Omar 0i1... IS 1 % Republic Tire 50 60 CHICACO PRODUCE By United Financial CHICAGO, July 25.—Butter—Creamery extra's, 32Vac: creamery firsts. 31 %c; firsts, 28(&31V4c; seconds, 27@27%c. Eggs— Ordinaries. 17 % 018 c: firsts. 19 020 c. Cheese —Twins. 18>4<&lPc: young America s, 19c. Live Poultry'—Fowls. 22c: ducks, 22c: reese. 14c: spring chickens. 21c: turkey's, 25c: roosters. 13Vic; broilers. 250 *7e.

New York Stocks (By Thomson & McKinnon.) —July 25

Railroads— Prev. High. Low. Close, close. Atchison ...102% 100% 102% 100% At. Coast L. 107% 106% 107% 107% B. and O. .54% 53 54 V 4 53 Can. Pacific .139 138 Vi 138 Vi 139 C. and O. . 68% 67 % 68% 67 V 4 C. & N. W. R. 76 75 75 75 C.. R. I. & P. 43% 42 Vi 43% 42% Del. & Lack. 126 V* 126% 126 V* 127 Erie 16% 16 Vs 16% 16 Erie Ist pfd. 24% 24 24 Vs 23% Gt. N. pfd. . 81 79 Vi 81 79% 111. Central .107 106 Vi 106% 106% Kansas C. S.. 25% 25% 25% 24% Lehigh Valley 63 % 63% 63% 63% L. and N...130 129% 129% Mo. Pacific . 22% 22 22% 21% Mo. Pae. pfd. 54% 54 Vi 54 % 53% N. Y. Central 95% 94 Vi 95% 94 N. Y..N.H&H 30 V* 29 30 Vs 29 Vi North. Pae. 76V* 75 76V* 75% Nor. & W... 109 Vi 109 109 109 Pennsylvania 45 44% 44% 44 Vi Reading .... 73 % 73 73 % 73 % So. Ry 24% 24% 24% 24 V* So. Pacific . 90 89 V 90 89 Vi St. Paul ... 28 27 V* 28 27 % St. P. pfd. . 44 Vi 43 Vs 44 % 43% St. L. & S. W. 28% 28% 28% 28 % St. L.&SWpfd 44% 44% 44% 44% St. L&SFe Ry 27% 27 V* 27 Vi 27 Vi Texas & Pac. 28 28 28 Union Pac. . .141 % 140% 141% 140% Wabash 12 V* 12 V* 12 V* 12 Vs Wabash pfd. 31% 30% 31% 31 West. Pacific 16% 16% 16Ts 10% I*. &W. Va.. 37% 37 % 37 >,a • 37 Vs Rubbers — Ajax Rubber 14 13% 13% 13% Fisk Rubber. 14% 14 14% 14 Goodrich Rb. 38 V a 38 38 38% Kelly-Spg. .. 47 Vs 45% 47 45% K. T. & R. C. 11 9% 10 Vi 9% U. S. Rubber 60 Vs 58% 60 59 V* Equipments— Am. Loco. . .115V4 114 Vi 115% 113 V* Raid. Loco. ..117% 115% 117 Vi 115% Lima Loco..lo7V* 106% 106% 100% N. Y. Airbk. 79 79 79 79 Pullman ...120 Vi 120 Vi 120%' 120 Ky. Stl. 5pg.,106 106 106 106 West. Elec.. 61 60 7* 60% 60 Steels— Beth. "8"... 77 % 75% 77 76% Crucible .... 85% 82 Vi 84% Bi% Gulf States.. 82% 80Va 82 80 Lacka 78% 77 78% 77 Midvale .... 36 35Vs 35% 35% Otis 12 II Vj 12 11 Vs Replogle ... 32% 31% 32Vi 32 Hep. I. & S.. 73 V s 73 72% 72 Superior Stl. 32 33 32 U. S. Steel . 101% 99% 100% 99% U. S. Stl. pfd. 120% 120% 120V* Vanadium .. 46 Vi 45 V* 46 45 % Motors— Crandler Mot. 65% 63% 65% 63 Gen. Motors. 14 Vs 13Vi 14 Vs 13% Hupp Motors 19 lit li* 18 Hud. Motors 22 21 % 21% 21% Max. Mot. A 63% 61 63% 61 Max. Mot. B 22 20% 21% 20% Pierce-Ar 11 Vi 10 Vs 11 Studebaker. 134 % 130 133% 130% Stromberg... 43% 42 % 43% 42% Stewart-W.. .. 44% 44% 44 V* 44- * Willys-Over... 8% 8 Vs 8 V* 8 White Motors 48 48 48 48 Minings— , Butte Super.. 28% 28% 28% ~BL Dome Mines. 30 29% 30 29% Int. Nickel.. 17% 17% 37% 17% Tex. G. & Sul. 47 V* 46% 47 Vi 4, Vs Coppers— Am. Smelt... 60% 60 60% 59 Anaconda... 84 52% 53% 52 Chile Copper 22% 21% 22 V, 23 Inspiration... 41 Vs 40% 41% 41 Kenneeott... 36% 35 35 % 35 Miami 29% 29% 29% 29% | Her. Cons.., 16Vs 16% 16% .... TERSE MARKET NOTES By United Financial CHICAGO. July 25. —Rock Island freight loading for twenty-one days in July increased 2.90 per cent over last year, but was 4 per cent under last month. In the first twenty-three days of July Northwestern hauled 137,510 ears, an increase of 31,874 over a year ago. Atchison loadings last week were 33,444 cars against 31,916 the ; previous week. NEW YORK—Railroad rolling stock may ; be repaired in ship yards which find difficulty in keeping forces at work. R. 11. M. Robinson, president of the Merchant Shipbuilding Company and Cramps Ship and Engine Company, says offers have been made ; to several shipbuilding companies by east- j ern roads. CHICAGO. July 25.—The heavy receipts at all primary markets is a good indication that railroads are experiencing little of the expected difficulty in handling the grain crop as a result of the strike. Most roads reported sufficient cars. The Chicago & Alton was one exception. NEW YORK. July 25 —Dividends ani nounced today include; Brooklyn Edison I Company quarterly dividend of 2 per cent | payable Sept. 1 to stock of record Aug. 18. Jefferson and Clearfield Coal and Iron I Company regular semi annual dividend of $2.50 on the preferred stock payable Aug. 15 to stock of record Aug. 8. CHICAGO. July 25—Rates for transporting train on the great lakes have increased with the heavy export demand. Plenty of bottoms arc- available. Ship owners blamed the cost of fuel for increase of 2% cents in tlie rate from Chicago j to Buffalo. JAMESTOWN. N. D.—Wheat and oats prospects throughout eastern North Dakota are favorable. Wheat is maturing rapidly. There is a little black rust, but it probably will not damage the crop. CHICAGO —Atchison says heavy rains in northern Kansas and Oklahoma and scat- , tered showers over other territory last week delayed thrashing and damaged the wheat i in shock in southern Kansas and Oklahoma. i Corn is doing well. OMAHA—A heavy movement of wheat from this section to the gulf for export has been notiqeable during the last week. Railroads are using ail available equipment to handle the demand for ears to the gulf. NEW YORK. July 25.—Resumption of large rubber imports have had an unsettling effect on the market. The prospect that tire companies soon will announce i curtailed schedules also has had a depressing effect. IN THE COTTON MARKET By United Financial NEW YORK, July 25. —Cotton futures opened 6teady off 3 points to up 1 point today. Firm cables and lees favorable weather advices served to mew bullish confidence. Trade and New Orleans bought, and Wall Street short qovc-ring was in evidence. Locals straddled while Liverpool and the south sold. There was a fairly active demand after the cab and in the first half hour options rose 13 to 18 points. By United Financial NEW ORLEANS. July 25.—With no particular cotton news on the floor today, the local cotton market opened steady with futures from 3 points under yesterday’s close to II above. October opened at 20.85, unchanged: December 20.75 off 3 points: January. 20.73, unchanged, and March 20.69 up 11 points. By United Financial LIVERPOOL. July 25.—Cotton showed limited spot demand at the opening today, with prices easier; sales, 6,000 bales' receipts, 16.000, including 9.100 American. The market closed quiet. Futures: Open. High. Low. 12:30 July 12.84 12.87 12.80 12.86 October 12.31 12.36 12.26 12.27 January .... 12.09 12.11 12.05 12.05 March 12.04 12.05 12.01 12.03 COTTON FUTURES (By Thomson & McKinnon's Wire.) —July 25 Open. High. Low, Close. January ....21.12 2132 20.65 21.23 March 21.10 21 28 20.68 21.18 May 20.96 21.02 20.50 21.01 Julv 21.14 21.34 20.92 20.95 October 21.35 21.54 20.87 21.40 j December 21.32 21.50 20.80 21.35 BOSTON WOOL MARKET By United Financial BOSTON. July 25.—Business is not as active in the wool market, but the firm <indertone to the foreign markets holds prices steady, and in some eases manufacturers report that it is hard to buy good grade marines at a satisfactory price. Bradford. England, reported that the market was strong and spinners are reporting excellent yarn sales. There is a growing feeling in the wool trade along Summer street that the tariff proposed by the Senate will be ultimately lowered before the passage of the tariff bill. Good fine staple wool can hardly be bought at prices under $1.35. Local houses have reports from Southern woolen mills saying that they are paying very high prices for Western clip wools. METAL TRADE REVIEW By United Financial CLEVELAND. July 25.—More blast furnaces are closing in Youngstown and eastern Pennsylvania districts and Connellsville coke is still upward bound. By-products coke makers alone the Atlantic seaboard have boosted the price SI a ton while St. Louis has done the same thing. Canadian pig iron demand is falling, but fourth quarter expected to be revival. Copper at New York ia 14c. St. Louis sine $5 90 and lead softer at $5 35 3 5 45

prev. High Low. Close. close. Utah Copper. 64% 64 64% 64 U. S. Smelt.. 40% 40% 40V* 40% Oils— Cal. Petrol... 58% 57% 58% 58% Cosden 40% 49% 41% 41% Houston Oil. 73 72 % 73 72 % Invincible Oii 12% 12% 12% 12% Mcx. Petrol. 104% 160% 164 162 M. States Oil 12% 12% 12% 12% Mex. S. 8... 28% 2(1% 27% 27% Pan.-A. Pet.. 73% 71 Vs 73 72% Pacific 0i1... 57.% 54% 55% 64% Pierce 0i1... 7% 7% 7% 7% Pro. and Ref. 37% 36% 37% 30% Pure Oil 28 27% 27% 27% Roy. Duteh.. 55% 55% 55% 56 S. Oil of Cal. 102% 100% 102% 101% S Oii of N .179 ITS 179 178 Sinclair .... 30% 29% 30%. 29% Texas Cos .. 45% 45 45% 45% Tex C & 1... 25% 24% 24% 24% Transoont Oil 14 12% 14 14 Union Oil .. 20% 19% 19% 20 White Oil .. 8 7 % 7 % 8 Industrials— Allied Chem. 69% 68% 68% 67% Ad Bumely. 17 Va 17 Vi 17% 18 AlUs-ChtU... 53% 51% 53 51% Amer Can... 59% 56% 59% 60% Am II & L. . 14 14 14 13% Am H & L pf 69% 69% 69% 69% Amer Ice. ..106 106 106 106% Am Linseed. 33% 33% 33% 43% Am Woolen. 90% 89 90% 89 Cent Leath.. 39% 39% 39% 39% Coca Cola .. 70 68% 70 69% Cluett & Pbdy 66% 55% 66% 66 Cont Can .. 73% 71 73 71 % End-Johnson. 82 Vi 82% 82% 82 V* Fam Players 81% 81V* 81% 81 Gen Asphalt. 71% 69% 76% 70 _ Ir.' Paper... 53% 52 52% 50 % li.t Harv ..103 103 103 163% Loews 15% 15 15% 15 Mont & Wd 21% 21% 21% 21% Nat Enamel. 54% 53% 54% 53, Nat Lead ...101 98% 161 99 Owen Bottle 35% 35 35% 34 Pitts C0a1... 65 64% 64% 63% Sears-Rbk... 79% 78 79 % 78% United Drug. 79 79 79 ... IT S Ret. St.. 62% 62% 62% 62% U S C 1 Pipe 34 32% 34 33 U. S. In. Al.. 63% 61% 63 61% Woolwortli. .. 166% 166 166% A. Tel. &T. 122 121% 122 121%. li. Rapid T.. 25% 24 25% 2.3% Consol. Gas. 121% 119*. 171% 120% Col. Gas.... 92% 90% 97 90% Pot-pies Gas 87 85 87 8.5 Shipping— Am. Int. Corp. 42% 42% -17 % 41% A. Ship. & C. 20 19% 20 19% At. Gulf.... 3.3 % 35% 35 % 35% in. M. M. pfd. 71 % 71% 71 % 71% United Fruit 111 142% 144 113% Foods— Am. Sugar.. 87 % 81 81 % 80% Am. Beet Sg. -17 -16% 47 45% Austin Nieh.. 26 26 26 25% 1 Am. Cot, Oil 26% 26 26 % 26% 'Corn Prod. . ■ let*. % 165 104% 161% I Cuba C. Sg.. 17 16% 17 16 % Cuban-A. Sg. 26% 7.5 26% 2.3 Wilson & Cos. 41% 44% 44% 44 Tobaccos— Am.-Sumatra. 38 37 37% 37% Am. Tob. Cos. 143 343 143 143 Gen. Cigar. . 75 7.5 75 .... Tob. Prod... 79% 78% 79 78% Miscellaneous Stocks— Am. Radiator 97 96% 97 96 % (Ten. Copper. 10% 10% 16% to s Pere Marq... 33% 33 33 32 % Chino Copper 28% 28'* "8% 79 Am. S. Fdy.. 37 37 37 36% Elec. S. Pat. 46% 45 % -16% 46 Davison Oh. 45% 4t% 45% 43% R .1 Bey (B) 4 -15% 45% 46 Key Springs. 39% 37% 37% 41 INDIANAPOLIS STOCKS —July 24 Mock* r,id. Ak Ind. Rv. & Lifrht rom. ... 57 ... I mi. Ky Li*hl pfd 84 Va 89 *3 Indpls. ?t. Ry 4 Indpls. N. W. pfd Indpls. At S. K Pia 60 . T. H T. Ac L. pfd 7 6 j T. 11.1. & K com 1 |T. H. I & K. pfd 2Vi 7Vi U. T. of Ir:d. com. 3 U. T. of Ind. Ibt pfd 10 15 . U. T. of Ind 2d. pfd 1 0 ' Advance- I; unie!v p!d 48 ... \ .. - i - - - . ... Ain. Creosotintf pfd 94 ... •Kelt R. R. com 56 ... •Belt R. R. pfd. X 50Vi ... Century Bldff. Cos. pfd. ... 0-1 ... J Citizens Gas Cos 20 ... ■ City Service coin ... . 205 208 City Service Cos. pfd 60 ••• j Ame/ican Central Life 1n.... 200 ... Dodge Mfg. pfd ... j Home Brewing 55 ... j Ind. Hotel com SH ~. . •Ind. Hotel Cos. pfd 99 ... I Ind. Nat! Life Ins. Cos. ... 2 . j *lnd. Title Guarantee 50 ... i Ind. Pipe Lines 87 ... Indpls. Abattoir pfd 46 Va ••• ♦lnd >ls. Gas 45 ... Indp s. Tel. pfd UO ... Indpls. T* i. com 1 ... Mcr. Pub. TT I I. pfd 61 Natl. Motor Car Cos. . . . . 2 4 Pub. Savings ins. Cos 6 ... Rauth Pert, pfd • 4!> ... (Standard Oil of Indiana ... 105 ... ; Sterling’ Fire Insurance Cos.. 7 ... Van Camp Hdw pfd 90 . . . Van Camp prod Ist pfd ... 07 100 Van Camp Prod. 2d. pfd 100 VandftJia Coal Cos. com. ... 1 5 Vanda lia Coal Cos. pfd. ... 7 12 Wabash Ry. pfd 30 34 \Vabash Ky. com 11 Vj 14 llond* Broad Ripple 5s 62 Vi ... Citizens St. R. R. 5s 83 86 Va ; Indiana Creek Coal &. M. 6s. 100 i Ind. Coke *t Gas 6s 86 PI Indpls. C. A S. 5i P 2 Indpls. 6c Martinsville 5s ... 61 S ... i Indpls. Northern 5s 4M ! 4 51 Indpls. St. Ky. 4s 65 67*4 Indpls. 6c N. W. 5s 54 V* 59 Indpls. & S. 15. 5s 40 ... Indpls. Shelby it S E 5s . 65 ... T H. I Sr E. 5a 64 Citizens Gas 5s 86 Vfc 87 , i Indpls. Gas 5s 86 88 Kokomo M. & W. 5a 8S *4 92 Ind. Hotel Cos. 6s 99% Indpls. Water 5s PO 1 * 100 Indpls. Water 4Vib 81 ... Indpls. T. & T. 5s 82 Va 85 Indpls. L. & If. 5s 92 94 ( V. T. of Ind. tts 59*4 i Mer. H. Sc L. 5s 99 Va .... New Tel. L. P. 5s ...... 97 .. . New Tel. Ist. 6s 97 ... South. Ind. Power 6s .... 86*4 91 CORN AND WHEAT BULLETIN For the twenty-four hours ending’ at 7 a. pi.. Tuesday. July 25. 1922. Temperature —— 5 and od a o Stations of . Z A Indianapolis ~o x District J E ®s"a.'g£ i. -CD *55 it 2. "* S r h g South Bend .. .I 80 59 0 Good~~ Angola !80 55 0 Good Ft. Wayne ....; 80 60 0 Wheatfleld 80 62 0 Good Royal Center ... 80 62 0 Good Marion 83 63 O Good Lafayette 85 63 0 Good Farmland ...... 86 61 0 Good Indianapolis .... 86 68 0 Good Cambridge City . 87 62 0 Good Terre Haute ... 86 66 0 j Bloomington ... 90 67 0 Good Columbus 92 66 0 Good Vincennes 91 69 0 Good Paoli 86 67 0 Good Evansville i 90 I 72 0 “ jTh. ARMINGTON. Metorologist. Weather Bureau. COTTONSEED OIL By United Financial NEW YORK, July 25.—Cottonseed oil sales totalled over 5.000 barrels today. The market was weaker. . prices dropping oft 3 to 15 points with aggressive pit traders pressing the declines in the absence ot important support. Tile weakness in cotton and the 2 to 12 point decline in lard encouraged selling, and on the break commission houses were scattered buyers. Re- ■ finers supported the old crops in a small way, : but nevertheless the old crop positions were relatively weak early. The larger local traders were of the opinion that most -of the September shorts had been run in and those who predicted that September would go to 75 points over October, now expect September to show relative weakness and would not be surprised to see the premium narrow to 25 points over October. Crude Oil moved slowly with the south holding lor SVic for nearby stuff and deferred shipments are purely nominal. There were no deliveries on July contracts while Cotton weather was fairly good. Cash trade on compound oil was reported quieter ami local provision men state that the lard demand has let up. The market rallied a few points from the low on buying by a few Southern houses. CLEVELAND PRODUCE By United Financial CLEVELAND. July 25.—Eggs fresh gathered Northern extras, 28c: extra firsts, 28c: Ohios. 22c: Western firsts, new eases, 21 %c. Other markets unchanged. INDIANAPOLIS PRODUCE Eggs—Fresh, 19c. Butter—Packing stock, 19e. Poultry—Fowls, over 4 % lbs, 21e: under 4% lbs, 10c: broilers. 1% lbs. up. 27c; broilers under 1% lbs„ 21c. Cocks ami stags, 12c; young tom turkeys over 12 ,bs, 27c; young hen turkeys over 8 lbs.. 27c: old tom turkeys over S lbs, 22c. Geese over 10 lbs, 12c; dueks over 4 lbs, 18c; squabs 11 lbs. to the dozen. 18c.

THE INDIANAPOLIS TIMES

SWINE VALUES CONTINUE EBB; CORN BLAMED Cattle Run Generally Weak, With Calves and Sheep Losing Ground. BANGE OF HOO FKICKU. Good Good Good July mixed. heavy. light. 18 513.85-11.00 $10.85-10.85 $11.15-11.35 19 10.75-10.85 10 50-10.75 10.85-11.10 20. 10.75-10.85 10.50-10.75 10.85-11.00 21. 10.90-11.00 10.50-10.90 11.10-11.35 22. 10.90-11 00 10.50-10.90 11.15-11.35 24. 10.75-10.85 10.40-10.80 11.00-11.15 25. 10.25-10.00 1 0.40-10.(55 1 0.75-10.90 Swine prices suffered another decline today at the local livestock exchange, dropping 10 to 15 cents, with receipts around 8,000. A few sales reached s}l, but the bulk of the trading was at ?10 to ?10.GO. Some dealers attributed the continued dropping in prices to sympathy with lower corn prices. The cattle market was steady to 1 weak, with the demand dull. Receipts were TOO. Calves dropped 50 cents, with 800 I received. The bulk of the sales were j ?8.50 to $9.50, with a top of $lO. Heavy ! calves were hard to dispose of at $5 jto $0.50. It is predicted by some trad- | ers that prices will drop possibly $1 1 more by tomorrow. I Sheep and lamb prices fell 50 cents to 75 cents, with an extreme top of j $11.50 for springers. Receipts were j GOO. For the first time, an attempt was I made to discriminate against buck spring lambs. Kwc and wether lambs were bringing 75 cents to $1 more than buck lambs. ■ —ls xks — i ICO tn 150 lb average slo.7s <ti 10.90 Over 300 pounds 10.30'q 10.6) 150 to 300 pounds 10.85011 35 Best pigs uiui'T 140 ibs 10 >04*10.80 i Roughs 7.504 j 8.00 ; Top 11 00 Bulk of sales 10.40*310.85 ! btags Ii.OOU 7.25 —Cattle— Few choice steers 10.00 *3 10.25 i Prime eorn-fed steers. 1.000 to | 1.300 fits 8.300 9.00 Good to > iioice steers. 1,000 | to 1.300 lbs 800® 8.50 1 Good to choice steers. 1.000 tn 1,200 ll>a 7.50 it 8.00 Good to choice steers, 1.000 to 1,100 lbs 7.23® 7.50 Common to medium steers, 800 to 1,000 fits 6 50® 7.25 —t ons and Heifers— Few choice neif. rs 0 25® 9.75 c.ond ot choice heifers 8 250 9.00 Medium heifers 7.75 m 8.25 Common to medium heifers.. 6.500 7.50 Good to choice cows 5.75 fi 650 Common to good cows .... 3 75<Ul 6.75 , fanners 2.50 m 3.50 Cutters 2.23 si 3.25 —Bulls—- ! Fancy butcher bulls 6.25 (ii 6 00 Good t>> i iioice butcher bulla. 4.50 4* 5.00 Bo gnu bulla 3.503.7. | Light bologna bulls 3.0<*4( 3.25 Light common balls 3.oo'tt 3.50 —< alves— Choice veals 8 25% 925 Good veals 8 004* 8.50 Medium veals 7,">U / ** ln j Light*-ifflit veals 7.00 4* 7.75 Heavyweight veals 5 004* 6.30 lair to medium f>.su4* ti.UO Top 11 .00 —Stockers nnd Feeders— Good to choice *Utrs under 800 lbs 5.257 50 Medium cows I 3 50% 3.75 Good cows 4.004* 4 o>> Good heifers 0 004 C 750 M'dium to good heifers .... 4.5041 5 7.> Milch cows and springers. . 35.004*83 01) —Miecp and Lambs— Cull cwi-s 1.50 H 2.00 Good to choice ewes >.,-.... 2.50 and 0.00 •i 2.00 it 3.30 Yearlings 0.004/ 8.00 Sj sera 8.00010.60 Culls 3.500 ti.OU OTHER LIVESTOCK By United Financial CHICAGO. July 25—Hogs Receipts, 23.000 market steady to 1 1)>- lower; top. $11; bulk of sales, $8,35 4*10.85; htavv weight. 8l 0.15 <ii 10.15; medium weurht, 810.40 W 10.85; heht weight, SIO.BO ./ 10 90: light. $10.404f 10.90; heavy packing sows. $i.25h9: packing cows, rough, >7.75 4* 8.30; pigs. $0.75 h 10.50. Cattle— Kei-cipts. 8,000: market, steady to strong; choice and prime. $9.8510.85: medium and good. $7.90% 9.85; common. $6.7544 7.00; good and choice. $8,754*10.30; common and medium, 80.054* 5.75: butcher cattle and heifers, $5.15 ■* 8.85; cows, $3.90 4*8.15; bulls. $125Ht5.d0; eaimers, cutters, cows and heifers, $2,054*3.90: eauner steers. $3,504* 5.25: veal calves. $8,504* 9.50; fr. der steers, $5.05 St 7.75: stoeker steers. $4.755i 7.05: stoeker cows Rial heifers, $3,304* 5.75. Sheep—Receipts. 10.000; market, steady; lambs, $11.50 4012.85; lambs. cull and common, $74*11 25; yearling wethers. $64*10.85; ewes, _s34i 7.25; cull to common ewes, s24i $3.75. CINCINNATI. July 25.—Hogs—Receipts, 40,000; market, steady to 23c higher; heavies. $104*10.50: mixed, $10,504*11: mediums. sll 4* 11.25: light. $11,50 4* 11 65; pigß, $10.60: roughs, $8; stags, $5.25. Cat-tle-—Receipts. 600; market, weak: bulls, steady; calves, $lO. Sheep and lambs—Receipts, 2,500: market, steady: ewes. $8 4# 0.50: choice lambs, sl3; seconds, SB, culls, $3 *fc 5, CLEVELAND. July 25.—Hogs—Receipts, I, market, steady; yorkers. $11.50; mixed. $11.25; mediums. $10.75; pigs, $11.50; roughs. $8.50: stags. $5.50. Cattle —Receipts, 150; market, slow: good to choice steers, $9 4/ 9.50; good to choice heifers, $64*7: good to choice cows, $4,604:! 5 5o; fair to good cows. $3.504*4.50; common cows, $2,50 4*3.50; good to choico bulls. ss4i*t>; milchers, $350 $75. Sheep an dlambs-—Receipts, 250; market. 50e lower; top, sl2. Calves —Receipts, 150; market. 50c higher: top, $11.50. EAST BUFFALO, July 25—Cattle—Receipts, 475; market slow : shipping steers, $8,754*10.10: butcher grades. $7.25 4*!8.25; cows, $2.6000.50. Calves—Receipts, 325; market active; culls to choice, $44*12. Sheep and lambs—Receipts. 1.800; market, flow; choice lambs. $114*12: cull to fair, s7(<g 10.75; yearlings, $0010: sheep. S3OB. Hogs—Receipts, 3,200: market, slow, 10 0 25*; lower: yorkers, $11.004* 11.75: pigs. $11.60011.75; mixed, $11,254*11.50; heavies. $10.75 011; roughs, $808.50; stags, $5 06. EAST ST. LOUIS. July 25.—Cattle—Receipts, 5,000: market, steady, 25c lower; native beef steers, $5,504*10.50: yearlings, steers and heifers, $3,75010.50; cows, $3.7506: stockers and feeders, $3,904} 7.25; calves, $74*9: cows and heifers, $2.2503.60. ilog—Receipts. 12,000: market, 10c lower; mixed and batchers, $10.70 010.85; good to heavy, $10.50010 75; rough, $6 254*8.25: light, $10.85011; pigs. $10.25 4* J 0.90; bulk. $10.75 010.90. Sheep —Receipts, 3,000; market, steady: ewes, $3 4*6; eanners and choppers, 50c052.25; wool lambs, $11.75 012. KANSAS CITY, July 25.—Hogs—Receipts, 10,000; market, stonily to 10c lower; bulk, $10.15010.50: heavies, $9,600 10.30: butchers, $10.250 10.50: lights, $10.35010.55; pigs, $9,504*10.65. Cattle —Receipts, 1,400, Southerns, 100; market, steady; prime fed steers, $9,754*10.50, plain to fair dressed beef steers, $7,25 4*) 9.75; Western steers, $7 4*9.75: Southern steers, ss4* 8.55: cows, $2.25 07.15; heifers, $5.2509.50: stockers and feeders. S4O 8.50; bulls, $2,404*: 5.45; calves, $4,500 8.50. Sheet) —Receipts, 5,000; market, steady: lambs, $7.50 012.50: yearlings, $8.50010.75: wethers, $0.500 7.75; ewes, $507.25; stockers and feeders, $9,250 11. PITTSBURGH. July 25.—Cattle—Supply, light; market, steady: choice. $9.50 010: primp. $9,504*10: good, $8.75 0 9.25; tidy bubtehera, sß@9; fair, $6.5008: common, $508; common to good fat bulls. $4,500 6: common to good fat cows, $36; heifers, $5.50(& 8; fresh cows and springers, $35 (ft} 85; veal calves, $10.50; heavy and thin calves, $4<£6.50. Sheep and lambs—Supply, market, steady: prime wethers, $7.15 H 7.25; good mixed, $5.5000.25; fair mixed. culls and common. $1 tin 2.50; lambs, steady at sl2. Hosts —Receipts, 1,000; market, active 10c higher; prime heavy hogrs, sll <& 11.10; mediums. $1.85 @11.05; heavy yorkers. $11.55 (<i: 1T.05; light yorkers. [email protected]; pisrs. $11.85 Ur 11.05; roughs, $7 (>i. 8; stags, s4® 5; heavy mixed, $11.45 @11.50. Boys Steal Army Cots Two boys planned to go campinjf. They were seen J to enter the yard of Jay Kller 1712 Southeastern Ave., last night and carry away two Army cote. -'V

Cm GRAINS SUV STRENGTH PIMTD CLOSE Optimistic Reports From Wheat Fields Give Markets Boost. By United Financial —CHICAGO. July 25.—Grain prices strengthened toward the close of trading on the Chicago Board of Trade today. July wheat showed a gain of about 2 cents shortly before the close and other prices advanced in sympathy. July wheat showed strength on buying by previous sellers. Traders who had sold wheat feared that with the end of the month near they might not be able to make deliveries on account of the coal and rails strike situation. There was a moderate export demand for wheat. Reports from ; the Dakotas were that the wheat conditions is splendid. Harvesting is ex- ! pected to get under way the latter j part of the week and will be general 1 over the northwest by the middle of | next week. Hedging pressure, which 1 caused the decline earlier in the day, slackened toward the close of trading. Receipts continued heavy at all I markets. Closing prices; July up I% C at $1.10; September off E 4c at j $1.07 % and December off !4c at j $1.09%. Corn prices regained fractionally rear tho close from the day's low. ' Favorable rains were reported in lowa and all crop reports from corni growing States were good. There was no export buying of corn worthy of mention. Oats maintained a steady undertone throughout, but closing prices were off fractionally from the opening. Commission house buying in a small way appeared sufficient to hold the market. Crop news favorable. Cash demand for oats fair. Closing prices; July. 31 %<-. off ',c. September. 23%c, off %o; December. 3f>*e, off l uc. Provisions eased off with light buying. Foreign interests continued to purchase a fair amount of lard. CHICAGO CRAIN TABLE By United Financial WHEAT— Open. Hieh. Lot Close. July... 1.08% 11! 1.07% 119 .Sent... 108 1 .08 % 106% 1.07% ! Dee... 1.09% 110% 1.09 1.09% CORN — Julv... .61% .62 .61% .61% Bepl ... .6.2% .63 .62% .02% ue... .59 .59% .58 AS ■% |OATS — July... .31% .31% .31% .31% Sept... .33% .33% .33% .33-. Dee 36% .36% .30% .36 Vi |LARD — i July... 11 17 11 47 11 42 11 42 Sept... 11.52 11.57 11.42 11.47 i RIBS—- ' • July 1100 Sept... 11.20 11 22 11 07 11.07 RYE— July... .79% .80 .79% .SO Sept .. .80 M>% .78% 78% Dee 80% .80% .80 .80 j * Nominal. 1 CHICAGO CASH CRAIN j By United Financial CHICAGO. July 25—Wheat—No 2 ml, ,*1.09%: No. 3 red. $1.07%; No. 2 hard. I sl 1(1. No. 3 hard, $1.09%. Corn No. 1 i vellow. 6l%o: No. 2 yellow. (Hr: No. 3 | yellow, :)%<•: No. 4 yellow, 63%c; No. 5 Vellow, *53. ; No. 6 yellow. tS3e: No. 1 mixed. !i;t %e; No. 2 mixed, 64c: No. 3 mixed, j 63% e;. No. 5 mixed. 63 %c. Oat, — No. 3 ! white. 32 ,e; No. 3 white. 32e: standard, 30 %c. Barley — so 4f 64c. Ry* — Sle. Timothy. $-1 5. Clover *ol—sl2 018. INDIANAPOLIS CASH CRAIN —July 25 Rid, for enr lots of main and bay at the call of the Indianapolis Board of Trade were: Wheat—Through billed, steady. No. 2 red. 99 % e ■ rl 01 % . CORN —Strar.v No 3 white. 60 *oo%r: No 4 whit.-, 59 % *.* 60c: No. 3 yellow. 600 60 Vic: -No. 4 yellow. 59% 4* (file: No. 3 mixed, 69 0 59%*-; No. 4 mixed, 68 'jft 69e. Oat,—Steady: No 7 while, 33% <234c; ;No 3 white. 32% * 33e. I Hav—Trark Indianapolis, weak No. 1 ! timothy. $174*17 50: No. 2 timothy. sl6 4* Ki.so: No. 1 light •lover mixed. $l5O , 15 50: No. 1 clover hay. sl4 50 o 15. New liay quotable at $2.5003 under old —nspections—- ! Wheat—No. 1 red. 1 car: No. 2 red. 50 ears: No. 3 r*>i. 15 ear,: No. 4 rod, 2 ears; No. 2 hard, 1 ear: No. 1 mixed. 1 ear; No. 2 mixed, 3 earn; No. 3 mixed, 1 car. Total. 74 ears. Corn —No. 2 white, 1 ear: No. 3 white. 1 ear: No. 4 white, 2 ears; sample white, 1 ear; No. 1 yellow, 1 ear; No. 3 yellow, 3 ears: No. 4 yellow, l car: No. 5 yellow, 4 (..irs; No. H yellow. 6 cars; No. 4 mixed. 5 ears. Total, 25 ears. Oats—No. 2 white. 7 ears. No. 3 white, 10 ears; No. 4 white. 2 cars; sample while, 1 ear. Total. 20 cars. I*ye—No. 2, 6 cars; No. 3, 4 ears. Total, 9 ears. Garin prices quoted t. o. b. basis, 41 vie rate to New Y’ork. BONDS IN DOWNWARD TREND Join Oilier Markets in Slight Losses in Selling. 1 BY W. H. GRIMES. United Financial Staff Correspondent. NEW YORK, July 25. —The bond market today definitely joined the downward trend of the other markets, although recessions were not huge. Liberty bonds, after going to new highs in the early trading, joined other issues atid prices shaded off below yesterday’s closing levels. Fourth 4%s after making a record high at $101.94, suddenly swung backward and in the late afternoon were 30c under the high of the day. The bonds of the sugar companies, held firm or advanced slightly. Warner sugar refunding sevens got from 102% early in the day to 103% up % of point from yesterday’s close. Cuba Cane sugar bonds were at yesterday’s closing level. Union Bag and Paper held steady. Standard Oil of California lost \s point. Local utility stocks made fractianal advances. Consolidated Gas convertible sevens were up nearly a point and New York Edison refunding 6%s at 110 were up % point from yesterday’s last. Rails price changes wore slight and while there were some fractional advances there were more fractional recessions. Foreign bonds were slightly lower today. Both French 7bis and 8s lost yesterday’s % point again.

CHICAGO STOCKS (By Thomson & McKinnon.) —July 25 Open. High. Low Close Ar. & Cos. pd 98% 98% 98% 98% Ar. Leath. p<l $6% 87% 89 % 87% C. C&C Rpd 6 6 6',i 5Vi Com Edison .139% 130'a 130 130% Karl Motors .3 3' .33 Libby-McN ..2% 2% 2 2 Mnnt-Ward . 21% 21% 21% 21% Nat L new.. 7% 7% 7% 7% Pick* C 0... 25 25 24% 24% Pig Wig A.. 40% 41% 40% 41% Quaker Oats . 98% 99 98% 98% Reo Motor .. 13% 13 Is 13 13 Stew-Warn . 44% 41 % 44% 44% Swift & Cos. .101 % 101% 101 101% Swift Inti ..18% 19% 18% 19 Thompson J R 50 % 50 Vj 4 9 % 50 U Car & Car. 56 57 56 56% Wahl 59 % 59% 58% 69 Yellcw Taxi. 70% 71 70% 70%

SILENCE CUES IFTEB FAILURE OF ALLEN RIAN Heaviest Losers Say Naught as $18,000,000 Loss Is Being Absorbed. LIKEL' 7 TO COME BACK Financial Wizard Is Expected 1 to Resume Operations in Wall Street Again. By T. C. SHOT WELL, (Copyright, 1022. by United Financial Service.) NEW YORK, July 25.—Allan Ryan’s failure for $18,000,000 is causing some remarkable silence among banks on which the greatest loss will fall. There are valuable assets in the estate and it may pay out dollar for dollar. But even if it does not, no individual will suffer much. The formal failure was recorded so that Ryan might be released from an impossible situation —a situation that is somewhat ludicrous, for there are features of the affair which are highly enter- ! taining from a banking point of view. In fact, when the president of one bank interested found out what one of his vice presidents had done he first laughed and then scolded and finally made it as easy as possible for Ryan. That is what they are all doing and that is why Ryan is expected to take | his place again among the bright lights of the street.

Ryan’s Health Poor Ryan is at times in delicate health. 'He feels best in high altitudes. He is i much given to speeding in automoj biies and has been arrested innumer- | able times for that. Joy riding in i airplanes is his hobby and the day ex- | citement in the street was greatest | over the Stutz corner he was in the | air over Atlantic City. He was sick i abed when the street began raiding his I Stutz stock. Word was carried to I him and, flaming into the passion of battle, he ordered every share bought as fast as offered, vowing he would teach the raiders a lesson. He did. hut also learned a great many things * himself. When the corner developed it was | discovered that unmentionable persons were short of Stutz and that j h.s speculative career had the sup- ! port of bankers it would be disnsI m>us to name publicly, j Ryan had secured capital by let- ! ting bank officers in on his deals. ! These deals had been highly profitI able, hut the corner in Stutz set knees j under many a bank officer'd desk , a trembling. I Governors Knew of Comer Ryan contends, and the evidence | seems to support him, that he noti j tied the governors of the exchange of i the Stutz corner before it was pub iiciy known, nnd that several gov- j ornors permitted customers in their | offices to sell the stock short nfter ; they had been so informed. He in- ; j sists that the exchange threw Stutz off the hoard in the hope of saving | those governors whose houses were short. When the groat war began in Eu rope Ryan was what men of his class call "broke.” He had nothing but hie seat on the stock exchange and barely! enough money to maintain his family. He had just liquidated the brokerage partnership with his brother, and was looking for "two dollar business." That is, he was willing to do the floor work for more fortunate members. | One broker gave him an order for j several thousand shares and Ryan j slaughtered it, so the brokers said. But within a few weeks that same broker discovered that Ryan was a wizard at manipulation and was giving him orders for tens of thousands of shares. . Works Best in Office Ryan did his best work from the solitude of liis private office. It was because of his rare ability that the Morgans entrusted to him the handling of Bethlehem Steel stock. That was long before we were in the war. Ryan’s chief liability has always been his quick temper. He made a fortune in Bethlehem, then quarreled with Charles M. Schwab over an underwriting in the Chicago Pneumatic Tool Company. Schwab transferred his account from Ryan’s firm and no doubt weakened him among the banks who were alarmed at this quarrel. It has been said that Schwab was short of Stutz. but Schwab denies that and Ryan has never asserted it. Ryan participated in the formation of the Vanadium and the Replogle Steel Companies, but took no part in them after that. He dominated the Stromberg Carburetor Company and was almost the sole owner of the Continental Candy and the Heyden Chemical Company. Dunlop Hat he bought and sold within a month. He owned control of the Times Square Auto Supply Company and planned to use it as the nucleus of a chain of stores to cover the country. Consolidated Textile was put on the market by Ryan and he also floated a Ryan Oil Company that he believed would rival Standard Oil. At one time he was the controlling factor in thirteen companies whose stocks were traded in by the street. Breaks With Operators. Schwab, B. M. Baruch, Jesse Livermore and other important operators conferred with him, but one by one he broke with them. A sidelight into his persona! character is seen in the light of the fact that when settlement was mafia with Stock Exchange members at $550 for Stutz he refunded all money above that sum to many who had settled privately—some as high as SBOO a share. Truck and Auto Collide An automobile truck driven by Carl Koons, 337 E. Morris Et„ collided with an automobile driven by Robert Klein, 234 N. Davidson St., last night. Both cars were damaged, but no one was injured. The accident occurred at Spring and New York Sts. Carpenter Tools Stolen. Carpenter tools were stolen Monday night from new houses at 3859 N. New Jersey St. and 3916 Broadway, Clyde Freeman of the TempletonFreeman Realty Company, notified police.

f STRIKE EATS A young man who is serving at j one of the local rail shops as a j guard finds his employment most . agreeable. He eats a free dinner I every day in a dining car that is j parked near the shops. A typical dinner consists of I steak, mashed potatoes, sliced tomatoes, peas, coffee, pie ala mode, a cigar and cigarettes. In addition to the eats he receives $6.80 a day. The railroads are offering the ! striking shopmen a maximum of , j $5.60 for an eight-hour day. Ibuuies stills FOR SHORTAGE IN SIIPPET OF WATER Water Bureau Chief Says Moonshiners Use Too Much in Liquor, PHILADELPHIA.—Amateur makI ers of whisky are making inroads on I an already depleted water supply. The | gentle art of putting a "kick” in an : otherwise inocuous beverage requires ; the use of large quantities of water, | not to mention that the bootleggers I are suspected of using inordaniate i amounts in what they sell. Chief Davis, intrusted with providing legal beverage-water for 2,000,000 Philadelphians, is endeavoring to get some way to make the distillers be reasonable. In as much as he cannot i curtail the amount of water used in any one house, he is endeavoring to do the next best thing—make the still operate rs pay for what they use. It is generally known that in the manufacture of whisky water runs through copper coils to cool the vaporized alcohol, and so large quantities are used daily in the places where ilI licit liquor originates, j Somebody facetiously suggested that j the water bureau corner the market :on stills and sell stills and water ' meters at bargain prices to make sure | that "every little bootlegger has a j meter in his home.” HELD WITHOUT BOND Alleged Slayer of Roadhouse Proprietor Bound to Grand Jury. Casper Jones, 36, of 1029 Parker Ave. alleged slayer of Chris Zimmerj man, roadhouse proprietor was held to the grand jury without bond, in ! city court today on a charge of first | degree murder. Attorneys for Jones waived arraignment. Zimmerman was j killed on the night of June 8, 1922. MARRIAGE LICENSES Thomas M. O’Brien. 2802 Annette Ave.: Blanche Ex ter, 260*2 Annette Ave. Herman W. Stillman. Chicago; Helen Holloway. 3*212 N. Capitol Ave. Ben B. Moore. 3707 N Capitol Are.; Eva Deane. Deaconess Hospital. James E. Raub. Decatur. HI.; Vivian Loving. 2416 N. Pennsylvania St. Verner E. Maple, 306 E. Michigan St.; Jessy West. 19 1 ? N Meridian St. Alfred Mnrfa h. University Heights; Mrs. Ida Terry. 234 N. New Jersey St. R. \V. Sehier. 3319 E. Washington St.: i I.aura Adney. 205 N. Oakland Ave. t Emil P. Kissel, R. R. G.; Opal M. Hadley, j I Solomon B. Prater, V. M. C- A.; Mrs. Olive Williams. 1244 N. Illinois St. Simon E. Roberts. 226 N. Miloy Ave.*, Emma Eddy. 924 Goode Ave. Ezra R Haslem, 2729 Vine St.; Ruby O. Yawell. 30 N. Garfield Ave. Ernest Butler. Michigan road; Ada Penn* BIRTHS Girl* William and Anna Esselborn, 824 Chadwick. Owen and Altha Tarleton. 423 N. Riley. , Wiliam ahd Leah Davis, 2145 N. Senate. j Fred and Lola Spencer, 454 Bank. John and Mary McAllen. 315 Forest. Walter and Edith Blink. 2135 Wendell. | Sylvester and Sadie Mc*s. 1661 Columbia. ' Clarence and Roxie Miller, 2514 Sehurmann. j Archer and Nora Eggrers, 1731 Blaine, ! twins. Boys Rufus and Lois Irvine. 682 Birch. Willard and Anis Hoilowell, 637 N. Exeter. Lytle and Leone Roberts. 325 N. Alabama. | Dayton and Martha Carter, Deaconess • Hospital. George and Mary Pieczko, 530 Concord. < Chester and Francis Plank, 1439 S. East. Fred and Elsie Willoughby, 1117 S. Pcrshin?r. Joseph arid Irene Johantges. 1437 Madison. Thomas and Esther Curl. 329 Beauty. Arno and Grace Rouse. 205 S. Summit. DEATHS Katherine Morrie, 24, Lon? Hospital, pulmonary tuberculosis. Matririe Shelton, 80. 612 Barnhill, arterlo Kate Clark, 67, 614 East Court, cerebral hemorrhage. Henry Hicltman, 72, city hospital, diabetes mellitus. Mary Rowin. 78, 528 E. New York, arterio sclerosis. Henry H. Echols. 81, 2624 College, chronic parenchymatous nephritis. Benjamin Brooks, 56. city hospital, | broncho pneumonia. Charles G. Crews, 58. Methodist Hospital, j septicaemia. John M. Reid, 59, 1621 Hall PL. carcinoma. Mary E. Duneran* 61, 415 N. Oxford, acute gastro enteritis. Lake Superior Sharkey, 50, 2444 N. Meridian, carcinoma. Eva Mossburg. 66, 1056 S. West, chronic interstitial nephritis. Maria Logan, 21. St. Vincent Hospital, ! acute dilatation of heart. Nancy Jane Williams, 1, 109 S. Liberty, drowning, acidental. Catherine Caulfield. 70, 520 E. Vermont, j arterio sclerosis. '

Investments for Income We Offer SBOO,OOO Indiana Tax Exempt Securities $500,000 Indiana Tax Exempt Road Bonds, attractive denominations; price to yield 4.50%. SIOO,OOO Hammond, Ind., 5% Tax Exempt School Bonds; SI,OOO denomination, one to ten-year maturities; price 4.40% and 4.35%. SIOO,OOO Anderson, Ind., 5% Tax Exempt City Bonds; SI,OOO denomination, one to nineteen-year maturities; price 4.40% and 4.30%. SIOO,OOO Real Estate First Preferred 6Va% Tax Exempt Stock. Raised on Indianapolis properties owned in fee simple. Serial maturities. Shares, SIOO each. Price to yield 0V2%Liberty Bonds, all issues. Breed, Elliott fk Harrison 109 North Pennsylvania Street, Ground Floor. INDIANAPOLIS Cincinnati, Chicago, Detroit Members Indiana Rankers Association. Investment Bankers Association of America, Indianapolis Stock Exchange.

JULY 25, 1922

TIFF ON WOOL PROBLEM BLUE mm ii Whether Interests of Sheep Raisers Come First Great Puzzle. CONSUMERS BIG FACTOR Insurgent Republicans Try to Secure Relief From Burden. By United .Votes WASHINGTON, July 25.—Whether the interests of western sheep raisers or those of millions of Americans who purchase woolen clothing, carpets and | cloth shall be regarded as paramount ! in the framing ot a tariff bill, is the ! question to which the Senate has be- | gun to give earnest consideration. $ Under the leadership ot Senator Lenroot, Wisconsin, Republican Senators have mapped out a plan to slash" ! wool duties in the tariff bill, with the , announced purpose of saving the i American people a vast sum on the | .post of their clothing and other protfr ucts, made wholly or partly of wool. Duty on Scoured Woo! "The Finance Committee proposal of 33 cents a pound duty on wool, with compensatory duties of - on woolen manufactures, means ! that this outrageous tax will be” j parsed on to the American consumer,” i said Lenroot. “The Senate is asked to impose duties higher than those in the Payne-Aldrich bill. Bad as that I hill was, this is worse. I remind the-. Senate that the country vented its wrath for the passage of that meas-, ure at the first opportunity. "The Senate proposes to put tha same tariff on every grade of wool—- ‘ the same duty on wool that sells for. i 95 cents a pound as that which sell3 i for 24 cents. And the low grade wool, . at 24 cents is only eight-tenths of the total American production. Represents 137 I’er Cent "This duty represents an ad valorem tariff of 137 per cent on low-' | grade wool.” The compensatory duties, which would give manufacturers 33 cents a ! pound on some woolen manufactures even if the manufactured product con- - tained but a few threads of wool, was assailed by Lenroot as “wholly without justification.” Senators Bursnm, New Mexico, and Gooding. Idaho, the latter a large owner of sheep, contended stoutly for the committee plan. WOMEN PULL HAIR Slap on Check in Neighborhood Quarrel Ends in Police Court. Josephine Amato, 733 E. Georgia St., objected to having Carrie Jones, 738 E. Georgia Sr., as a neighbor.^^. Carrie Jl told her Whereupon Mrs. Amato, Mrs. Jones said, slapped her on the cheek. And Mrs. Jones retaliated by forcibly removing a handful of hair from Mrs. Amato’s head. Both took their troubles to Ray- ; mond F. Murray, judge pro-tem. in ! city court. Mrs. Amato even proi- | duced the hair which she said Mrs. ! Jones had removed. The judge decided that Mrs. Amato i got the worst of the argument and I fined Mrs. Jones $lO and costs. Mrs. ; —Amato paid $L and costs for her" share in the fight. FOUR MEN EXTRAVAGANT Abandon Rented Car Containing Quart of Wine After Accident. Police found a quart of wine in .A sedan, which four men abandoned after they had backed into an automobile of David Margison, 520 N. Alabama St., at Merrill St. and Virginia Ave. today. The sedan is owned by F. H. Michael, garage proprietor, 330 N. Delaware St., and was rented to a man giving his name as Carl Geiger, 1822 Talbott Ave. Both machines were damaged. Herschell Is Speaker William Herschell of the Indianapolis News will be the speaker at the' weekly luncheon of the Lions Club in the Hotel Lincoln Wednesday Ralph W. Leonard will be chairatiffir of the day. , Jazz Note Hero -V ' DELPHOS. Ohio. July 25.—Firmer#, complained to county officials that low flying airplanes threatened the city"§, milk supply. It gives the cow{C hysteria. 7. ,74