Indianapolis Times, Volume 35, Number 69, Indianapolis, Marion County, 31 July 1922 — Page 11
' JULY 31, 1922
RAILS IMPROVE • IN FIRST RQUR Equipment Stocks Resume Move Upward —Steels Remain Steady. Twenty induArial stock Saturday averaged 96.83, up .14 per cent; twenty railroads averaged 88.21, up .51 per cent. fly United Financial NEW YORK, July 31.—The Wall Street Journal today says: Washington advices that rail executives would undoubtedly accept President Harding's compromise was reflected in continued strength in the rail list during the first hour on the New York Stock Exchange today. Baltimore & Ohio made anew high on the movement at 68%. There is growing belief that means of Settling the seniority question satisfactory to both sides will be forthcoming. Equipment stocks moved up with rails. Steels did little, with the exception of Crucible, which eased off a point from its early high. LOCAL BANK CLEARINGS Indianapolis bank clearings Saturday were 52.428,000. tor the week ending Saturday. $15,873,000: bank debits Saturday. $4.,•7 53.000, for the week ending Saturday, f?||.B9g.ooo. YORK TIME MONEY By United Financial NSW YORK. Juis 31.—There were more offerings in the time money market today and the tendency 1* toward easier rales for shorter periods Money lor thirty days is being loaned at 3 % per cent. Sixty days to six months' loans command 4 to 4% per cent. N. Y. BANK STATEMENT By United Financial NEW YORK. July 29. —Cash on handSurplus decreased $4,267,220: loans discount, etc. Increased 532.P45.000: cash in vault of members of Federal Reserve Bank decreased $528.000: reserve in Federal Reserve Bank of member banks decreased $5.2S0.000; reserve in own vault of State bank and trust companies Increased SI15.000: reserve in deposit In State banks and trust companies decreased $156,000: net demand deposit decreased $17,740,000 Time deposits increased $40,776,000; circulation increased $35,000: aggregate reserve $570,934,000; excess reserve $39,623.560. Non-member banks and trust companies: Loans discounted, etc., increased. $111,300: gold increased. $3,000: currency and bank notes decreased. $273,900: deposits with Federal Reserve Bank of New York, increased 51.588.700: total deposits decreased. $4,178,300. NEW YORK LIBERTY BONDS —July 20— Prev High. Low. Close, close h B 3%s 100.98 100.92 100.92 100.96 L B 2d 4s 100.52 100.74 L B Ist 4H5.101.60 101.44 101 44 101.68 L B 2d 4 %s. 100.68 100.62 100.62 100.74 L B 3d 4% s. 100.86 100.56 100.56 100.70 L B 4th 4H5.101 50 101.36 101.36 101.50 Victory 4 %a. .100.90 100.88 100.88 100.88 MOTOR SECURITIES (By Thomson Sc McKinnon> • —July 3h — —Closing— Bid. Ask. Esrl Motors J* Packard, com J*'* Packard, pfd Peerless 58 Continental Motors, com * * Continental Motors, pfd 0o Hupp, com Hupp, pfd 10' !19 Rc. Motor Car 12% !•> Elgin Motors 1 2 Grant Motors % * Ford of Canada 3P3 Intematio ial Motor, com .... 06 59 National Motors Federal Truck 20 22 Fajge Motors -1 Republic Truck 9% 10% active Toil stocks (By Thomson & McKinnon) —July 31— —Closing— Bid. Ask. Anglo-American Oil 18% 18% Atlantic Lobos 8 t Bome-Scrymser .>9O 410 Buckeye Pipe Line 92 94 Chesebrough Mfj. jCons 180 100 Continental Oil. Colorado .. 130 143 Cosden Oil and Gas * 11 Crescent Pis>e Line 33 So Cuberland Pire Line ..—..135 140 Elk Basin Pete 9 9% Eureka Pipe Line .. . 87 90 Galena-Signal OU. pref o 2 o 4 Galen assign al Oil, com 107 11. Illuioii Pipe Line 160 160 Indiana Pipe Line 88 90 Merritt Oil 8% Midwest Oil -- ~ J National Transit 25% New York Transit . ~. - ICO DO Northern Pipe Line 96 79 Ohio Oil ...273 276 Oklahoma P. & R 7 10 f“hie Oil and Gas 580 590 Fralrie Pipe Line 24 * 24 f , Polar Refining •- - 330 360 Pouthem Pipe Line 90 •9o South Penn OB 200 215 Southwest Penn Pipe Lines .. 61 3 Standard Oil Cos. of Ind 108% 108% igV idard Oil Cos. of Kan .. . . 630 040 lard Oil Cos. of Kv 93% 9o *Wsndard Oil s Cos. of Neb. .170 180 Standard Oil Cos. of 5. Y. 418 4.3 Standard OU Cos. of Ohio 440 460 Pwan A Finch 3o 4o Vacuum Oil . 4 12 4 i2 Washington Oil 23 Zo IN THE COTTON MARKET By United Financial XEW YORK. July 31.—Cotton opened easyi October. 21.25 c. oft 17 points; December. 21.20 c. off 15 points. January, oi 06c. off 15 points; March. 21.00 e. off 14 joints: May. 20.95 c. off 10 point*. By United Financial NEW YORK, July 31.—Cotton future# opened quiet and generally steady, trade bein* limited owing to the proximity of the Government report A 1 the first call the fist was off 12 to 17 points net. reflecting some Southern, local and Liverpool selling on dlsapolntment English cables. By United Financial NEW ORLEANS. July 31. —Future# were off on weak cables from Liverpool when the exchange opened today. October opened at 20.90 c. off 6 points: December. 20.75 c. off 10 points; January, 20.70 c, off 11 point*. By United Financial LIVERPOOL, July 31.—There was limited demand tor cotton today with easier price*. Sales receipts 6.000. including 200 American. Future* opened quiet: Open. High. Low. 12:30 July 12 61 12.61 12.45 12.60 October 12.21 12 21 12.10 12.11 January 11.94 11.95 11 85 11 88 March 1184 11.84 11.78 11.78 COTTONSEED OIL By United Financial NEW YORK, July 31.-—The cottonseed oil market opened with quite a steady tone for the near positions, a rather weak tone on the new crop positions. Old crop months were about unchanged and new crops 3 to 5 point# lower. The selling of the new •ps wa* on the bearish tendency of the rate crop reports, the unanimity of uion of an improving condition -end a probable cotton crop around 12,000.000 bale* Indicates a 50 per cent increase in the supply of seed available. Weakness in cotton brought in a little sympathetic selling and provisions were fractionally lower. Steadiness of the hog market and the reported good distribution of oil durin* July acted as a steadying influence upon the near position. The estimates of the visible supply were about 560.000 barrels, and the ideas of the’July distribution are larger owing to the better compound trade. Some estimates are running around 175.000 to 200.000 barrels, which if correct, would indicate a carry over as of Aug. 1. of only about 375.000 to 400.000 barrels. Opening call: August, 10.35® 10.40 c: September. [email protected]; October. 9.61@ 9.64 c: November. 8.53® 8.57 c; December, 83008.33 c: January. 8.29 @ 8.33 c; February. 8.30® 8.35 c: March. 8.33 @8 40c.
New York Stocks (By Thomson A McKinnon.) July 29
Railroad*— Prev High. Low Close. close. B. and O. ... 67% 57% 57% 67% Can. Pac. ..140% 140% 140% 140 C. and 0. .71% 71 71 71 C & N. W Ry 77% 77 77 77% C.. R. L & P. 44% 44 44% 43% C. &G. W. . 8% 8% 8% 8% Dei. & Lack.. 129% 128 120% 128% Erie 17% 17 17% *17% Erie Ist pfd. 25% 25% 25% 25% Gt. N. pfd. .83% 83 83% 83% 111. Central AOS % 108% 108% 108% Lehigh V. .. 65% 65% 66% 65% L. and N. .131 131 131 Mo. Pacific 22% 22% 22% 22% Mo. Pac. pfd 66% 56 66% 66% N. Y. Cen... 98 97% 97% 97% N.Y..N. H AH 31% 31% 31% 31% North. Pac. .78% 78 78% 77% Norf. A W. .112 112 112 111% Pennsylvania 47% 47% 47% 47 Reading 75% 75% 75% 75% So. Ry 25% 26% 25% 25% So. Pacific.. 91% 81% 91% 91% St. Paul ... 29 28% 28% 28% St. P. pfd. .45% 45% 45% 45 St. L. A S. W. 30% 30% 30% 30% StX.AS Wpfd 47% 47% 47% 46% St. L.ASFeRy. 30% 29% 30% 29% Union Pac. .143% 142% 143% 141% Wabash 13 12% 13 12% Wabash pfd. 33 32% 33 32% P. A W. Va. 40% 40% 40% 40% Rubbers— Ajax Rubber 12 11% 11% 11 Fisk Rubber. 13 12% 12% 12% Goodrich Rb. 37% 37% 37% 37% Heily-Spg ... 46 % 46 % 46 % 46 % U. S. Rubber 69% 58% 69 59 Equipment*— % Am. C. A Fd.172 171% 172 172% Am. L0c0....119% 118 118% 117% Bald. L0c0..120% 118% 120% 119% Gen. Elec... 182 181 181% 180% Pressed S. C. 82% 82% 82% 82 Ry. Stl. Spns.lo9% 108 105% 107% W Electric . 61% 01% 61% 61% Steels— Beth. "8"... 78% 78% 78% 78 Colo. Fuel... 30% 30 30% i.... Crucible 01% 88% 91% 88% Lacka 77% 77% 77% 77% Midvale 35% 35% 35% 35% Replogle .. . 33 % 32 % 33 % 33 % U. S. Steel . 101% 100% 100% 101 Vanadium ..49% 49 49 48% Motors— Chandler Mt. 65 63% 65 64% Gen. Motors. 14 13% 14 13% Hudson Mot.. 21% 21 £l% -21-% Max. Mot. A 61% 60% 61 62 Max. B 21 20% 21 20% Mack Truck. 68% 58% 58% 68% Picrce-Arw pf 22 % 21% 22% Studebaker .131% 128%. 13© 130% Strtmberg 43% 42Z 43% 43 Stew-Warner. 45% 45% 45% 45 Wiilys-Ovc-r. 8% 8% 8% 43 Mining*- - Butte CAZ 7% 7% 7% ... Butte Sup... 30% 30% 30% 30% Int Nickel.. 17% 17% 17% 17% Tex G A S.. 48 % 49 48 % ... Coppers— Amer Smelt. 61% 61 61 61 Anaconda ... 63 74 53 H 53 % 53 % Chile Copper 22% 22% 22% 22% Inspiration.. 41% 41% 41% 41% KennecotU.. 36% 38% 36% 30% Miami 30 29% 30 30 Ray Cons .. 10% 16% 10% ... CURB MOVES STEADY Few Stocks Retain Substantial Followings. By W. H. GRIMES United Financial Staff Correspondent. NEW YORK. July 31.—There was little marked change in the prices from the closing levels of Saturday at the opening of the curb toda; Industrial stocks had a broad representation In the early trading, led by the motor group. Durant Motors got to 42% only a half point under its high during the first half hour. Stutz was dull at 19. Peerless Motors dropped back to 59 while Goodyear Tire and ! Rubber common sold at Saturday's Last prices. On the first sale Phillip Morris reached 22 and then rapidly gained % of a point. This stock lost Saturday. Despite advices from Washington that Mutual Oil will be ejected from Teapot Dome, forcibly If necessary, that stock held firm In the early trading, selling at 9%. Boston Montana Consolidated maintained its year's high at 1 9-16. NEW YORK STOCK OPENINC —July 31— A. ax Rubber 12 Allied Chemical 72 % American Ice .....111% Am. Locomotive ...119% Am. Steel Foundry 38 Am. Smelt, and Ref 61% Am. Tel. and Tel Am. Tobacco 147% Am. Woolen 92 Anaconda 52% Atlantic Coast Line 110 Baldwin Loco 120% B. A 0 68 California Pet* 60 Canadian Pac. Ry 130% Central Leather 39 C. A O 71 % Chi, MU. A St. Paul, com 29% Chi, MU. A St. Paul pfd 45% Coca Cola 71 % Ccsden Oil .1 43 % Consolidated Gaa 122 Continental Can Corn Product* 107% Crucible Steel 92 Cuban Am/ Sugar 26% Cuban Cane Sugar 16 % Erie 17% Fisk Rubber Cos 12% General Asphalt 71 % General Motors 14 Gt. Northern pfd 83% Great Northern Ore 40 Hudson Motors 21% Inter. Paper 63 % Keystone Tire 10 % Ke!!y-Bpringfleld Tire 46% Kennecott Copper 30% Lee Tire and Rubber 28% Lima Loco - .....119 Maxwell Motor "A” 60% Maxwell Motor ‘‘B” 22 Maryland Oil 39 Mexican Petroleum 170 Mexican S. B 22% Middle State* OU 12% Midvale Steel 85 % Mont, and Ward 22% N. Y. Central 98 New Haven 31% Northern Pacific 78% Pacific Oil 65 Fan-American 74% Penn*. Ry 47% Pere Marquette 34% Pure OU 30 Rep. Iron and Steel 74 Royal Dutch of N. Y 53% Scars-Roebuck 80 % Sinclair 31 % S. Kelly OH 10 Southern Ry 25% St. L. and S. W. com 30% Studebaker .........131% Texae Cos 46% Union Oil 20% U. S. Retail Store# 02% U. S. Cast Iron Pip* 35% U. 8. Rubber 59 % U. S. Steel 101% Vanadium Steel 49 Wabash 13% Wabash Ist. pfd 32% Weetinghouae Airbrake 62% CORN AND WHEAT BULLETIN For' the twenty-four hours ending at 7 a. m, Monday, July 31, 1922: Temperature r> Station* of M 3 a Indianapolis _ * *2*7 Sb District • 2° * it £* sß* *35 of £"§ Sg“ a £ jj a,£x c c-s South Bend .... 81 6l JTB3 1 Cood Angola ... 72 64 0 I Good Ft. Wayne 70 64 0.07 i Wheatfield 78 63 0.07 Good Royal Center .... 76 62 0 Good Marion 75 01 0 Good Lafayette ... 79 63 0 Good Farmland 78 60 0 Good Indianapolis .... 80 66 0 Good Cambridge City.. 78 60 0 Good Terre Haute .... 84 60 0 Bloomington ... 87 01 0 Good Columbus 87 61 0 I Good Vincennes 88 60 0 I Good Paoli 83 63 0 1 Good Evansville 88 I 72 | 0.02 | J. H. ARMINGTON. Metorologtst. weather Bureau. CHICAGO PRODUCE . CHICAGO. July 29.—Butter—Receipt*. 16.202 lb*.; creamery extra, nominal. Eggs —Receipt*. 12,807 ease*. Cheese—Twins, new, 18% @18%: Daisies 18c: Young -Americas. 18% @ 19c, Longhorns. 19® 19 %c: Brick, 18 @lB%. Live poultry— Turkeys, 25c: chickens, 18 @ 21c; spring broilers, 23% @26; roosters, 13%; geese, 14 @£lc; duck*. 22.
Prev. High. Lot- Close. close. Otis— Cal Petrol... 60% 60 60 60 Cosden 43 42% 42% 42% Houston Oil. 75% 75% 75% 75 Invinc Oil ..13 12% 13 12% Mex PAtrol .109% 166% 169 167 Mex S B 22% 20% 22% 22% Mm St Oil.. 12% 12% 12% 12% Pan-Am Pet. 74% 73% 74 73% Pacific Oil.. 65 54% 55 64% Fierce Oil ... 7%, 7% 7% 7% Pro and Ref 37 % 37 % 37 % 37 % Pure Oil ... 29% 28% 29% 28% Royal Dutch. 54% 64% 54% 54% S Oil of Cal. 100% 194% 105% 105% S. O of N. J. 180% 180% 180% 181 Sinclair 31% 31 31% 30 , Texas Cos 46% 40% 46% 4l> ~ Tex. C A 011 25 W 25% 25% 20 Trans-C. Oil. 14% 14% 14% 14% Union 0i1... 20% 20% 20% 20 V* . , 7 * •'* 7% 7h Industrials— ' Allied Chem. 73% 70 72% 70 Allis-Chalmers 63% 63% 63% 63 Am. Can ... 69 58% 69 59 Am. H. A L. 13% 13% 13% 14 A. H AL. pfd. 70% 09% 70% 69% Amer. Ice ..111% 110 110% 109% Am. Woolen. 91% 91% 91% 91% Cen. Leather 39% 39 39 39 Coca-Cola ... 71 70 % 71 .70 % Comp. A T.. 07 66 08%. 05% Cont. Can.... 77 74% 77 74% Fam. Players 82 81% 81% 82 Gen. Asphalt 71% 71 71 70% Inter. Paper. 53% 52% 53% 53% Loews 15% 15% 15% 16% May Store*..ll6% 110% 116% Mont. AW. 22 % 22 23 % 22 % Nat. Enamel. 66% 55Vs 56% 55% Nat Lead.... 101% 101 101% 100% Pitts. C0a1... 65 65 65 05 Sears-Roe. ..80% 80 80 80% U. S. R. St.. 63% 03% 62% 62% U. S. C. I. P. 35% 34% 35 34% U. S. In. Al. 63% 0.3% 63% 63% Worth. Pump 62 51 % 51 % 52 % Woolworth ..174% 174% 174% 174 Utilities— Am. T. A T. 122% 122% 122% 123 Brk. R. Tran. 26% 26 28% 20 Consol. Ga5..122 121% 122 122 Colum. Gas.. 93% 93% 93% 93 H People's Gas 87 80% 87 86% West. Union. 105% 105% 105% 106% Shipping— Am. Int. Cor. 42 % 42 % 42 % 43 % Am. S. A C.. 19% 19% 19% 19% AU. Gulf... 32% 33 32% 33% Inter. M. M.. 18% 18% 18% In. M. M. pd. 72 Vi 71% 71% 72% Foods— Austin Nlch. 27 20% 27 26% Corn Prod. . 107 % 107 % 107 % 108 % Cuba C. Sug. 18% 15 16% 15% Cub Am. Sug 28 % 26 26 % 26 Tobaccos— Am. Sumatra 39 37% 39 37% Am. Tob. C 0.147 144% 147 144% Gen. Cigar... 77% 77% 77% 76% Tob.- Prod ... 78 % 78 % 78 % 78 % Miscellaneous Stocks— Ala*. Juneau 1% 1% 1% Am. Rad 101 101 101 100% Tenn. Copper 10% 10 Vi 10% 10% Dav. Chem.. 49% 47 47 46% S. -Kelly Oil.. 9% 9% 9% 9% Pere Marquet 34 % 34% 34% 34% C.C.C.A StX.. 78 78 78 78 R J. Reyn. B 46% 46% 46% 46% Am. Steel Fd. 37% 37% 37% 37% Callahan ..• 7% 7% 7% 7% BONDS GAIN STRENGTH Industrials and Rails Show Fair Advances. By W. H. GRIMES | United Financial Staff Correspondent. NEW YORK, July 31.—Industrial and railroad bonds both showed fractionally higher prices in the early trading today. The advance was conspicuous for the number of issues included rather than for its size. Liberty bonds -were firm, but did not act as well as some of the other issues. Among the bonds which showed an advance were Seaboard Airline convertible 6s, up %; Southern Railway general 6s, up %; United States Rubber os, up %, and Rio de Pasco Bs, up %. Liberty bortds are believed to have still further advances in store, particularly the first and fourth 4Vis, which are the present investment favorites. INDIANAPOLIS STOCKS —July 28— Stocks Bid. Ask Ind. Ry. A Light com. ... 57 ... Ind. Ry. A Light pfd 84% ... Indpla. St. Ry. ‘ 47% ... Indpis. N W. pfd 45 ... Ir.dpls. A S. E pfd 60 T H. T. A L. pfd 75 T. H. I. A E. com 1 0 T H. I. A K pM 2% 7% U. T. of Ind. com 3 U. T. of Ind. Ist. pfd 10 U. T of Ind. 2d pfd 1 0 Advance-Rumely pfd ... Advance-Rumely com ... Am. Creosoling pfd 94% ... •Belt R .R com 55 ... •Belt R. R pfd. N 60% ... Century Bldg. Cos pfd. ... 94 ... Citizens Gas Cos 20 ... City Service com 195 City Service Cos. pfd. 65 ... American Central Life 1n.... 200 ... Dodge Mfg. pfd ... Home Brewing ... Ind Hotel com 88 ... •Ind. Hotel Cos. pfd 99 ... Ind. Natl Life Ins. Cos ... 2 ... •Ind. Title Guarantee 50 ... Ind. Pipe Lines 87 .... Indpis Abattoir pfd 46% ... ‘lndpis. Gas 45 ... Indpis. Tel pfd 90 ... Indpis. Tel. com 1 ... Mer. Pub. Utl. pfd 75 Natl. Motor Car Cos. . ..2 4 Pub. Savings Ins. Cos 8% P.auth Fert. pfd 49 ... Standard Otl of Indiana ... 107% Sterling Fire Insurance Cos. . 7 . . Van Camp Hdw pfd 90 . . Van Camp prod Ist pfd ... 97 100 Van Camp Prod. 2d. pfd 10U Vandaiia Coal Cos. com .... 1 4 Vandalia Coal Cos. pfd. ... 7 12 Wabash Ry. pfd 32 30 Wabaab Ry. com 12 18 Bonds Broad Ripple 6s 62 % ... Citizens St. R. R. 5s 83 80% Indiana Creek Coat A M. 6s. 100 ... Ind. Coke A Gas 6s 86 91 Indpis. C. A 9. os 92 Indpis. A Martinsville 5s ... 61% ... Indpis. Northern 5s 46 68 Indpis. St. Ry. 4s 05 67% Indpis. A N. W. 6s 64% 69 Indpis. A 8. E. 5* 40 ... Indpis Bhe!by A S. E. 6* ... 05 ... T. H. I. A E. 6s 65 Citizens Gaa 5* 80 88 Indpis. Gas os 86 87% Kokomo M A W 6s 88% 92 Ind Hotel Cos. 6* 99 % ... Indpis. Water 5s 96% 98 Indpla. Water 4%a 81 85% Indpis. T. A T. 5* 84 88 Indpis. L. A H. 5a 92 94 U. T. of Ind. 6s 69% ... Mer H. A L. 5* 99% /... New Tel. L. D 5* 97 New Tel. Ist. 6a 97 ... South. Ind. Power 6s .... 83 % 01 TERSE MARKET NOTES By United Financial WASHINGTON. July 20.—The interstate carrier commission ha* certified the payment of $1,313,078 to the Illinois Central Railroad as partial payment under the transportation act. Washington coal production for the week ending July 29 wUI reach approximately 3.900.000 ton* of bituminous, an Increase of 250,000 over last week. CHICAGO. July 29.—Exporter* bought more wheat during the last week than at any time previous during the season. Th< Gulf business on Friday wa* said to have been near 2.300.000 bushels, while AtlanUc port* handled a large amount of grain. CHICAGO —Car loadings of the St. Paul for the first twenty-two days of July, 100,229, against 82,395 a year ago. WASHINGTON. July 29.—The Wabash Ry. Cos. wa* granted authority to assume obligations of $4.2w5.000 Wabash Railway equipment trust certificate* to be Issued by ths Commercial Trust Cos. of Philadelphia .-ind sold- at $96.75. PHILADELPHIA, July 29.—The B. and O. ordered fifteen Pacific type engines from the Baldwin Locomotive Works, making fifty engine* ordered by the Baltimore & Ohio trom Baldwin this month. ST. PAUL, July 29.—Northwest millers are buying good wheat in large quantities. Some sales of flour for export were reported. INDIANAPOLIS PRODUCE Eggs—Fresh. 19c. Butter—Packing stock. 19c. Poultry—Fowls, over 4% lbs., 21c: under 4% lbs.. 10c: broilers. 1% lbs. up. 27c; broilers under 1 % lbs , 24c. Cocks and stag*. 12c: young tom turkeys over 13 •be., 27c: young hen turkeys over 8 ibs., 27c: old tom, turkeys over 8 lbs.. 22c. Geese over If* lbs. 12c: ducks over 4 lbs.. 10c: squabs 11 lbs to the dozen, 10c.
THE INDIANAPOLIS TIMES
II PHIS LOSP GROUND: RECEIPTS LOW Cattle and Sheep Remain Steady With Calves on Uniform Incresae. RANGE OF HOU PRIUE& Good Good Good July mixed heavy light. 24. $10.75-10.85 $10.40-10.80 $11.00 ; 11.15 25. 10.25-10.00 10.40-10.05 10.75-10.80 23. 10.15-10.50 10.30-10.50 10.60-10.80 27. 9.90-10.25 10.00-10.25 10.35-10.05 28. 0.80-10.15 8.90-10.20 10.20-10.55 29. 10.00-10.10 10.10-10.50 10.35-10.00 31. 9.80- 9.90 9.90-10.30 10.15-10.70 Hog prices retreated 20c from Saturday's quotations at the local livestock exchange today. Receipts were light at 4.500, but there vw%s not the rush of buying witnessed Friday afternoon and Saturday morning. A top of sll waa reached in the trading. The cattle market held steady, with receipts of 700. Best steers v;ere bringing [email protected]. For the third or fourth day in succession the calf market continued Its daily increase of about 50 cents on all grades. Light receipts and a good demand are. the principal factors in the bullish tendency. Receipts, 400. The bulk of sales were $10.50011 With an extreme top of $11.60. Sheep and lambs held steady, with receipts around 250. Best ewes brought $5.50, while spring lambs brought $9 @l2. —Hog*— 100 to 150 lbs average .. . .$10.30® 10 60 Over 300 pounds 10 00® 10.30 150 to 300 pounds 10.35 @IO.BO Best Pi,j3 under 140 lbs. ... 10 [email protected] Roughs 0:55@ 7.30 Top 1100 Bulk of sale* 10.20 @10.60 Stags 6.50® 6.75 " Cattle- - Few choice steere 10J5@ 10.40 Prime corn-fed steer*. 1,000 to 1.300 lbs 8.65 @ 9.10 Good to choice steer*. 1.000 1.300 lbs 8.15® 8 65 Good to choice eteers. 1.000 to 1,200 lb* 7Ao'® 8.25 Good to choice steers. 1.000 to 1.100 lbs 7.25® 7.60 Common to medium steer*. 800 to 1.000 lb* 6.60® 7,26 —Cows and Heifers— Few choice nelfers 9.25® 9.75 Good ot choice heliers 8.23® 9 00 Medium heifers 7.75® 8.25 Common to nedium heifer*.. f1.60@ 7.60 Good to choie* cow* 6.76® 6.50 Common to good cows .... 3.76® 5.75 Canners 2.60 0 3.50 Cutter* 2.25® 3.26 —Bulls— Fancy butcher bulls 5.25® 6.00 Good to choice butcher bull*. 4 50® 900 Bologna bull* 3.60(f 3.75 Light bologna bulls 3.00® 3 25 Light common bulls 3.00® 3.50 —Calves— Choice veals 10.50 @ll.OO Good veaia 9-50® 10.50 Medium veal* 8.50® 9.50 Lightweight veals 7.50® 8.30 Heavyweight veals 0.00 0 7.60 Commou heavle* .......... 4.50® 7.00 Top 11.50 —Btockera and Feeder*— Good to choice steer* under 800 lb* 6.25® 7.50 Medium cow* 3.50® 3.75 Good cows . 4.00® 4 do Good heifer* 6.00® 7.50 Medium lo good heifers .... 4 50® 5.75 Milcb cows and springer*.. 83.00 0 85.00 —Blieep and Lambs— Cull ewe* *. 2.00 0 3.00 Good lo choice twet 3.oo'<£ 5.50 Buck* 3.00 'w 3.75 YcAr.m** 8 00 Spnngtra 9 0012.00 Cull* 3.50*4 6.50 OTHER LIVESTOCK By United Financio l CHICAGO, July 29—Hog*—Receipt*. 6,500: market, steady to 10r lower; top. $10.00; bulk of sales. [email protected]: heavy weight, $9.60@30 10: medium weight. $lO @10.40; lightweight. $10.35010.60: light llghta. $10.250 10 40: heavy packing sows. $6 0 8 85, pacauig sow* rough. $7.50@810: pigs. 59.60 @10.40. Cattle—Receipts, 1,500; market, steady: choice and prime. $9 85® 10.75; medium and good. $809.85: corncon, $6.750 8: good and choice. $8.75@ 10.80: corimon and medium. [email protected] butcher cattle and heifers. $5 15 @8.85, cows, $408.15: bulls, $4.1506.50: canners, cutters, cows and helfera. $2.75® 4: 1
FOR LEASE 15,000 Feet of Warehouse Floor Space New Two-Story Building, 50x150 Feet Senate Avenue and St. Clair Private railroad switch in rear. Excellent for manufacturers’ distributor, jobbers, wholesale grocers, etc. Office will be fitted up to suit tenant. Ready for occupancy in 30 to 60 days. m Breed, Elliott & Harrison 109 North Pennsylvania Street . Telephone MA In 1601.
$296,602.50 City of Anderson 6% Improvement Bonds Denominations $500.00 Maturities Two to Ten Years NONTAXABLE Price Par and Accrued Interest Interest Payable Semi-Annually On June Ist and December Ist. Legal Opinion—Matson Kane &. Ross, Indianapolis; Woods & Oakley, Chicago. The Standard Security Company National City Bank Bldg., Indianapolis
ISIS!! ‘‘Cleared for Action” f£' Whether a desk or a battleship It must be designed for Convenience —Service— I top and stenog- 0489 raphers’ patterns. a m JIIL aavX-UUirll IZA 116 South Pennsylvania Street Indlanapolfk.
canner steers. [email protected]: veal calves. s9® 10.26; feeder steers, $5.05 @7.25: Stocker steers, $4.75 @7.05: stocker cows and heifers, [email protected]. Sheep—Receipts, 1,000; market, steady: lambs, [email protected]; lambs, cull and common, $8 @11.75; yearling wethers. $8.50 @10.85; ewes. $3 @7.50; cull to common cows, $2 @2.50. CINCINNATI. July 29.—Hog*—Receipts. 4,000; market, slow, steady; heavies, $9.25 @9.50; mixed, $9.50 @ 10.15; medium. $10.25 010.40; lights, $10.05; pigs. $10; roughs. $7; stags, $5 Cattle—Receipts, 250; market, steady: bulls, steady: calves, $9.60. Sheep and lambs—Receipts. 3,500: market, steady; ewe* S4O 6; choice .ambs, $13.60: seconds. $8.50: culls. S4OO. CLEVELAND, July 29.—Hogs—Receipts, 2,000; market steady; yorkers. $11: mixed. $10.75; mediums, $11.25: pigs, $11.25; roughs, $8; stags, $5. Cattle—Receipts, 2,000: market steady: good to choice steers. $9 09.50: good to choice heliers, S6@7; good to choice cows, [email protected]: fair to good cows. $3.50 @4.60: common cows, $2.50 @3.50: good to choice bulls, ss@o: milchers, $35 075. Bheep and lambs—Receipts, 200; market, steady: top, 1.200. Calves—Receipts. 300: market $1 lower; top. sl2. EAST BUFFALO, July 29.—Cattle—Receipts, 100: market active; shipping steers $8@10; butcher grades, [email protected]; heifers, $5 @7.75; cows, $2.6006.50: bulls. 83.76 @ 5.60: feeders, $5.50 @6.50; milk cows and stringers, S2O @llO. Calves—Receipts. 20; market slow; cull to choice, $4 @l2. Sheep and lambs—Receipts, 400: market active: choice lambs. $12012.60: cull to fair, $8 011.75: yearlings, $7 @10; sheep. $3 @8 Hogs—Re-eints. 3.200: mar ket active; yorkers, $11.35011.50: pigs $11.35011.60; mixed, $1101135: heavy $10.50@11; roughs, $8; stags. $4.60@5-50 EAST ST LOUIS, July 31.—Cattle—Receipts. 3,000: market, higher; native beef steers. $9010.25; yearling steers and heifers. $7.60010.25; cows. [email protected]; Stockers and feeders, $4.60 @7; calves. $2.50@9: canners and cutters, $2.2603.50. Hogs—Receipt#, 6,500; market, 15 @2sc higher; mixed and butchers. $10.35 010.70; good heavies. $lO 010.25; roughs. s7@B; lights. $10.60010.80; pigs, $10.05@ 10.75; bulk. $10.3n 010.70. Sheep Receipts. 4,000: market, steady: mutton ewes, $4.50 @6: lambs, $11.50@12: canners and choppers. $2 0 2.50. KANSAS CITY, July 29.—Hogs—Receipts, 500: market, strong; bulk, $9.85@ 9.95; heavies, $9 [email protected] butchers, $9.85 @9 95: lights, $9 9009.95: pigs. $9,260 10.25. Cattle —Receipts, 800; market, steady; prime fed steers. $9.50010.25: plain to fair dressed beef steers. $7 0 9.50: western ateeirs. $909 25; southern steers, $4 08.25: cows. $2-25 @0.75 heifers. $4.50 @9 stockers and feeders, [email protected]: bulls. $2.26 04: calves 346009. Sheep—Receipts, 500: market, steady: lambs, $7.50® 12.85: yearling*. $8.60010.75: wethers. $6.5007.75: ewes, [email protected]; stockers and feeders, $9.60® 11.75. HITTS BURGH. July 81.—Hogs—Receipts. 0,500: market, steady: prime heavy hogs. $9.75® 10.26: mediums. 311.350 11.40: heavy yorkers, $11.40011.50: pigs. $11.40 @11.50: roughs. [email protected]: stags. $4 0 4.50: heavy mixed, $10.50 @ll. Cattle— Supply, 2.300: market, slow, 5® 10c off: choice, [email protected]: prime. $9.50: good s9® 9.35; tidy butchers $808.76; fair, 0.75 H 7.60: common. [email protected]: common to rood fat bulls. 3.50® 6; common to good fat cows, $2.50@0: heifers. [email protected]: fr<-sli cows and sprltirrs. $36 @BS: veal eslves, $11.50: heavy and thin calves. $3 @6. Sheep and lamiv—Supply. 4 000; market, 25c up: prime wethers, $5 ft 7.25: good mixed, $5.25 0: fair mixed. $4 25@5; culls and common. $lO 2.50: lambs. $12.50. BOSTON WOOL MARKET By United Financial BOSTON, jjuiy 29. —There wa* no weakening in the foreign wool market due to buying In Liverpool and London by Boston houses. The local market was a little more active with the best demand for medium woot* selling between 60c and 75c scoured The malority of the local trade are looking for the tariff bill to pas* with a 33c duty. The new wool season will itart in Melbourne or\ Sept. 18. while no further auctions are expected in England until the lieg.nnii’.g of September. This means that the trade will be expecting higher prices Bradford r ports that there is no let up In demand for good rrade marinos and the consumption shows no diminution. RAW SUGAR MART By United Financial NF.W YORK. July 31.—Cuban raw sugars are freely offered at 8% cents Domestic demand for refined is quiet. Export refined busiess ha* fallen off to some extent Raw tyir opened steady; September, 3.71 @3.72c: November, 374 c: December. 3.8303.85: March, 3 58 03.68 c. CLEVELAND PRODUCE fly United Financial CLEVELAND, July 31.—Butter—Extra, tr, tuba. 40@ 40 %cj prime, 41 @4l %e: firsts. 38%c packing stock. 23 026 Egg* —Frttih gathered Northern extra*. 28c: extra flrstg. 27c: Ohio*, 21 %c; Western first*, new oases. 21 %c. Fouitry—Live heavy fowls, 23 @ 24c: roosters. 15c; spring ducks, 19@3^g. JENNY WREN ROBBED Jenny Wren, 1905 College Ave., re ported to the police the theft Saturday night of two diamond rings, valued at *lls.
CHICAGO CRAINS SHOW DECLINES Short Export Call Forces Wheat and Corn Lower —Oats Independent. By United Financial CHICAGO, July 31. —Grain prices today were lower at the opening of the Chicago Board of Trade. With receipts of 1,026 cars, and local elevators in a state of congestion, reports of favorable weather throughout the grain belt and sharp declines in Liverpool, all the news was bearish.. Absence of any speculative trading was notable and week end longs were unloading easily. Wheat led the market on the decline, mostly because ,of the lower Liverpool cables and lack of export buying. Receipts were heavy and shippers were passing the grain through Chicago without unloading because of the overflowing condition of the leading elevators. Corn lacked independent strength and declined in sympathy with wheat. Continued absence of export business coupled with favorable crop reports from lowa and central Illinois were the chief factors in the drop. Some Independent strength showed in the oats market and prices were slow in following the decline of the leaders. Provisions were nominal. CHICAGO GRAIN TABLE —July 29 fly United Financial WHEAT— Open. High. Low. Close. July... 1.10% 1.11% 1.10 1.10% Sept... 1.08 1 08% 1.00% 1.08 Dec 1.10% 1.10% 1.09% 1.10% CORN— July... .84% .84% .63 .63 Sept... .63% 83% .63% 62% Dee 69 59% A8 % .58% OATS— July... .32% .32% .83% .32% Sept... .34% .34% .34% .34% Dee 37 % .37 % .37 / .37 % LARD—•JuIy 11.37 Sept. ..11.35 11.47 '11.36 11.43 RIBS July... 10.75 10 77 10.75 ,10.75 5ept...10.87 10.90 10 85 10.87 RYE—•JuIy 79 %J Sept... .78 ' .78% .77% .78% Dee 80 80% .79 .79% •Nominal. CHICAGO CASH GRAIN By United Financial CHICAGO July 29.—Wheat—No. 2 red 81.11%. No. 3 red. $1.08; No. 2 hard $1.13: No. 3 hard. $1.11%. Corn—No. 2 yellow, 05 %e; No. 3 yellow, 05e; No. 4 yellow, 04e: No 0 mixed 65c; No. 4 mixed. 64c: No 2 whits. 66‘c; No. 4 white 64c. Oats—No. 3 white. 34c: No 4 white. 33c. Barley—s7® 31c. Rye—No 2. 800. Timothy—s 4 05. Cloverseed —$12 @lB. INDIANAPOLIS CASH GRAIN —July 29 Bids tor ear lots of grain and hay at the el! of ths Indianapolla Board of Trade weret WHEAT—Through blllod, track, easy; No 2 red. SI .01 @1.02. ' CORN—Easy: No. 3 white, 9%@60%c: No 4 white. 88%@59e; No. 3 yellow. 59% @OO% e; No. 4 yellow 58%@59%c: No 3 mixed. 58%0 59%c: No. 4 mixed. 67 % @ 58e. 11ATS —F.aay; No 2 white. 31% @32% No. 8 white. 30% @31%. HAY—No. 1 timothy. sl7@ 17.50; No 2 timothy. sl6® 16 50: No. 1 light clover mixed. sls @15.60: No. 1 clover hay. $14.60 615: new hay. $2.50@3 under old. —lrapeetlon*— WHEAT—No. 2 red. 8 ears: No 3 red 10 ear*. No. 4 red. 1 car; No. 1 hard. 1
tt W*H BLOCK C?
Store Closes Saturday at 1 O’clock
In Our Model Grocery Quality — Service—Moderate Prices
Fresh Meats FRESH HAM- IC_ BURGER, pound lOC VEAL CHOPS, Off pound 4<JL SHORT RIB O p STEAK, pound XjC SMOKED SHOULDERS sngar cured, average 4 to Ofir 6 pounds, pound £ul SUN-LIT BACON, sliced and derined, 1-potind 4C/ carton “dC BOURBON SANTOS OOF- f FEIS, old crop, fresh roasted (4 pounds, $1.00), - nn pound ® 1C TKA, Sdn-llt, a special blend for icing, Off pound ODC BREAKFAST COCOA, Baker’s, %-pounf or can
THE BASEMENT
Bedding Specials BLANKETS —64x80 or double bed size soft finish, gray body with pretty washable color striped borders, finished with shell- syq stitched ends; $1.50 quality, each //C COTTON FELT MATTRESS—AII-felt cotton filling, 45-pound weight, standard size, good, serviceable covering, in pretty blue stripe art tick design; made with a rolled edge; $12.50 quality, Tuesday qc 10-4 UNBLEACHED SHEETING— 2% yards wide, better In quality than Pepperell, firm and serviceable; regular 65c quality (no phone ordefs), dozen d| qj“ A Saving of $1.30 9-4 UTICA BLEACHED SHEETING—2% yards wide; a firm heavy quality, sold by most stores at 80c (no phone c J orders), Tuesday, special, yard JvC UNBLEACHED MUSLIN—39 Inches wide; smooth, even thread; good weight for curtains, bedspreads and general use (10- t yard limit), yard I(^2C
car: No. 2 hard, 1 car: No. 2 mixed. 3 cars: sample. 3 cars. Total. 27 cars. CORN—No. 2 white, 1 oar; No. 2 white 2 cars; No. 4 white. 1 car; No. 6 white 1 car: Nq. 1 yellow, 1 car; No. 2 yellow 1 car; No. 3 yellow, 1 car: No. 4 yellow 3 cars; No. 5 yellow, 2 cars; No. 6 yellow 3 cars: No. 6 mixed. 1 car: No. 6 mixed. 2 cars. Total, 19 cars. OATS—No. 2 tfhite, 4 cars; Nr.. 3 white 8 cars: No. 4 white. 2 cars. Total. 14 cars RYE-—No. 2. 2 cars; No. 3,3 cars. Total 6 cars. Total number of cars. 65. Grain prices quoted f. o. b. basis 41 %r rats to New York. PRIMARY MARKETS (Thomson & McKinnon)' —July 29 _ Receipts . Wheat. Corn. Oats. Sioux City... 6.000 23.000 4,000 St. Joseph... 132.000 16,000 4.000 Chicago 680,000 272.000 188,000 Milwaukee . 21.000 - 02.000 83,000 Minneapolis. . 35,000 23,000 90.000 Duluth 104,000 144.000 32.000 Bt. Louis ... 212,000 134.000 106,000 Toledo 85.000 8,000 Detroit 8,000 4,000 8,000 Kansas City. 574,000 19.000 32,000 Omaha 160.000 78.000 70.000 Indianapolis.. 77.000 * 32,000 50,000 Totals ...2,353.000 814.000 660,000 Year ag0..3,177,000 062.000 2,284,000 Shipments Wheat. Corn. Oats. Sioux City 23,000 16.000 St. Joseph... 30.000 81,000 Chicago 179.000 508,000 220.000 Milwaukee . 12,000 27,000 65.000 Minneapolis.. 124,000 08.000 68,000 Duluth 123.000 121.000 St. Louis ... 129,000 119,000 113,000 Toledo 18,000 7,000 2.000 Detroit 2.000 Kansas City. 471,000 85.000 12.000. Omaha 167.000 59.000 52.000 Indianapolis.. 7.000 6.000 8.000 Totals ...1,262.000 933,000 677.000 Year ago. .2,482,000 658.000 381.000 Clearances Wheat. Corn. Oats. New York.. 83,000 103,000 55,000 Boston 78,000 110.000 New Orleans 371,000 Totals .. . 454.000 181.000 165.000 Year ago.. 783,000 94,000 63.000 OFFICERS WIN HONORS Local Men Named Instructors For Citizens’ Military Camp. Six reserve officers, all residents of Indianapolis, have been selected as instructors for the citizens’ military training camp at Camp Knox, Ky. Aug. 1-30. The men were chosen because of their exceptional showing during thf course of training at Camp Knox, July 15-30, according to B. E. Grey, acting chief of staff of the 84th 'Division. The six are: Capt. K. E. Griffith, aviation; Capt. T. A. Flaherty, aviation; Maj. C. J. Cobler, cavalry; First Lieut. G. A. Wolff, infantry; First Lieut. G. A. Eicke, Infantry and Second Lieut. S. R. Mcßride, engineer?. BRYAN MAKES PLEA Indiana University Head Urges Alumni to Help Hospital Fund. Dr. William Lowe Bryan, president of Indiana Unix-ersity. has issued an appeal to more than 25,000 alumni and former students residing in Indiana, for support of the James Whitt comb Riley Hospital for Children. “I wish to call especial attention of Indiana University alumni to the campaign for the Riley Hospital for Children.” Dr. Bryan sayß. “The facts concerning this great beneficence have doubtless been brought to your attention. You already know that the Memorial Association and Indiana University are cooperating in the erection and maintenance of the hospital. The alumni have therefore a special Interest in this gift to the State's children.
EVAPORATED PEACHES', Blue Ribbon brand, prae- TQj. tlcally peeled, pound 4iilC FRESH NT T MEATS, English walnut halves, pecans CQ<. or almonds; pound .OUC JELL-O, Ice cream powder, various flavors, 9Qr 3 packages “>'*• MARSHMALLOW CREME, ready to use, flne for topping desserts, 1-pint 20c SWANS DOWN CAKE FLOUR, Instant, 1-pound x carton t .....LO C Regular, prepared, 2?i pounds jJC SWISS CHEESE, fancy v cq domestic, pound vUC I PREMIER SALAD DRESSING, made only from pure and wholesome materials, jr 11-ounce Jar OOC TUNA, California, white meat, delicious for salads or entrees. Regent brand, 1 r 3%-ounce can IDC
SENATORS FIGHT MOVE TO FORCE PROPERTY LISTS Caraway Resolution Goes to Extreme Clearance of Their Interests. RECALLS 1912 ‘HUMILIATION’ McLean Declares Labor Unions Are Asking Tariff Law. By United News WASHINGTON, July 31.—Senator Caraway, Democrat of Arkansas, believes his attempt to introduce a resolution for an investigation of the alleged personal and financial interests of Senators in voting on rates in the pending tariff bill, has resulted in so much publicity that the Republicans themselves will be compelled to make the next move. , Caraway demanded Senators make public their holdings and financial investments in commodities affected by the wool and other schedules of the tariff measure. The'l9l2 inquiry required complete inventories of their property. Several Senators have declared they would not submit to such humiliation again. Senator McLean , Republican, of | Connecticut, has announced that ten ; international labor unions and over 300 lndjvidual labor unions in all sections of the United States have peti- ! tioned Congress to speed the enact- | ment of the tariff bill. POLICE .RAID BUNGALOW Seventy-Five Men and Women Ru*h for Exits. In the “ttjee small hours” Sunday police visited the Bungalow roadhouse, on Brighton boulevard. As the officers guarded the exits there was a wild rush for the doors by seventy-five men and women. None was permitted to leave until after a search was completed. Patrick Dugan, 36, Denison Hotel and Thomas R. Black, 29, of 1944 N. Alabama St., alleged owners were arrested on charges of operating a blind tiger. A five-gallon and several one-gallon | jugs of white mule whisky were found. Under every table in the place and In each corner the police say they found supplies of white mule, whisky, beer j and wine. WOMAN GETS DROP By United Pret CHICAGO, July 81.- —Marie, negro wife of Thomas Miller of Council | Bluffs, lowa, shot Miller after a quar- | rel . Both '‘drew” at the same time. The | woman was the faster. I Miller is in a serious condition.
OLD DUTCH CLEANSER, ths original dirt chaser, 00/ 3 cans JLV C P. * G. SOAP, the white laundry soap, 10 bars *xDC GRAPE JUICE, Sweet Valley, made from Concord grapes, an* fermented — Quart 65<i Pint 35C APPLJU, pure apple juice, un* fermented—--14%-ounce bottle 25C 6-ounce bottle 14^ Table Luxuries Prepared fresh daily In onr Jun-Ut kitchen. Fruit and vegetable salads, pickles, olives, chow-chow, variety of cold meats, baked bean* etc. Orders taken for sandwiches and lunches for parties or picnics. Very moderate prices. —Fifth Floor.
. - Women’s Pure Thread Silk Hose 3 Pairs, 7Q/ $2.25 ip V Good weight, pure thread silk, with lisle elastic garter tops; reinforced toe and heel, fashioned legs, seamless foot, shaped ankles, in black, nude polo and silver; sizes S% to 10. Men’. '“Lee” $0.95 Unionallft “ A suit that is practical for all kinds of work. Extra fine khaki twill; Thorndyke hickory stripe and blue denim; very strongly made; triple stitched, with fly front or plain front; riveted buttons; all strain points strongly bartacked ; sizes 32 to 46. Men’s “Auto Brand” work Shirts o*7v Chambrays, saHeen and drill, in medium blue, light bine, tJtelfel’s Indigo blue, gray tan and black; sizes 14 to 17% (limit two to a customer; no phone mall or C. O. D.).
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