Indianapolis Times, Volume 35, Number 74, Indianapolis, Marion County, 5 August 1922 — Page 11
'AUG. 5, 1922
STOCKS INDICATE Ilf ROIIEO TOM ALTHOUGH QUIET
Rails Enjqy Persistent Calls Throughout Two Hours of Trading. BUSINESS LOOKS BETTER \ Officials Look to Settlement of Both Strikes Within Coming Week. By United Financial NEW YORK, Aug. s.—The Wall Street Journal today says : In a quiet market stocks gave unmistakable indications of the composure of the financial community, regarding underlying conditions. Railroads were in persistent demand throughout the two hours of trading. Chicago & Northwestern. St. Paul common and Southern Railways were among the carrier stocks which reached new high ground for 1922. Com Products was the strongest issue in the industrial group. Bankers in close touch with the situation believe the railroad strike as well as the coal strike will be over next week. They are paying no attention to the threats of sympathetic strikes. The Chicago traction strike has been settled as all recent strikes have been settled, and the men will go back to work with a 10 per cent reduction in wages.
LOCAL BANK CLEARINGS ' Indianapolis bank clearings Saturday were $2,806,000: for the week ending- Sai■untay, 516,008.00: bank debits Saturday. $5,582,000: for the week ending Saturday, 534.114.000. NEW YORK LIBERTY feONDS —Aug. s—Prev. High. Low. Close, close. L. B. 3%s .100.98 100.98 100.96 100.98 L. B Ist 4'4v10132 101.24 101.24 101.24 L. B 2nd 4%5fi00.54 100.54 100.54 100.56 1.. B 3rd 4Ha 100.56 100.50 100.56 100.54 I. B 4th 4 '•'* 8.101.30 101.26 101.30 101.32 Victory 4%5. 100.90 100.88 100.88 100.88 N. Y. BANK STATEMENT .jy United Financial NEW YORK. Aug. s.—Cash on hapd. actual; Surplus increased. $11,197,450: loans, discount, etc , increased. $7,949,000: cash, in own vaults members Federal Reserve Bank, decreased. $349,000: reserve in Federal Reserve Banks of member banks, increased. $9,258,000: reserve in own vaults of State banks and trust companies, decreased. $18,000; reserve in deposit, in State banks and trust companies* decreased, $618,000: net demand deposit, decreased, $17,165,000; time deposits, decreased. $9650.000: circulation, increased, $107,000; aggregate reserve. $579,556,000; excess reserve. $50,821,010; United States deposits deducted. $73,449,000.
MOTOR SECURITIES (By Thomson & McKinnon.) —Aug. 5 —Closing— Bier- Ask. Earl Motors ............. 24* 3 Packard com 13 % 14 Packard pid 84 % 88 Peerless 56 57 Continental Motors com 7 % 714 Continental Motors pfd 89 .... Hupp com 18 18 V* Hupp pfd 105 112 Reo Motor Car 12 % 13 Elgin Motors 14* 2% Grant Motors 4* Vs Ford of Canada 365 375 Internationa! Motor com. ... 56% 57‘4 National Motors 2 3 Federal Truck 20 22 Paige Motors 20 % 21% Republic Truck 5 5% ACTIVE OIL STOCKS By Thomson & McKinnon) —Aug. 5 . —Clost j Bid. Ask. Anglo-American Otl 18 4* 19% Atlantic Lobos 9Vi 10*4 Borae-Scrymser. 390 ** 410 Buckeye Pipe Line 92 94 Chesebrough Mfg. Cons 185 195 Cent mental Oil. Colorado ....135 142 Cosden Oil and Gas 5 11 Crescent Pipe Line 33 35 Cumberland Pipe Line ....... 135 145 Elk Basin Pete 9 Vi 9Vi Eureka Pipe Line 87 90 Galena-Signal Oil. pref ......100 vlos Galena-Signal Oil. com ...... 52 58 Illinois Pipe Line -...160 165 Indiana Pipe Line 88 90 Merritt Oil BVi 9 Midwest Oil 2 3 Midwest Rfg. 200 ... National Transit 25Vi '26% New York Transit .160 170 Northern Pipe Line ... . 96 97 Ohio Oil 275 280 Oklahoma P. & R 7 10 Penn.-Mex 25 30 Prairie Oil and Gas 570 690 Prairie Pipe Line ..........350 255 Sapulpa Refs’ 3Vi 3Vi Solar Refining . .335 350 Southern Pipe Line 92 94 South Penn Oil 200 215 Southwest Penn Pipe Lines.. 61 63 1 Standard Oil Cos. of Ind 110 Vi HO Vi Standard Oil Cos. of Kan 530 650 Standard Oil Cos. of Ky 95 96 Standard Oil Cos. of Neb 170 180 Standard Oil Cos. of N. Y 417 422 Standard Oil Cos. of Ohio 440 460 Swan & Finch 35 45 Vacuum Oil .....415 425 ' Washington Oil ...... . 22 28 NEW YORK CURB MARKET IBy Thomson & McKinnon) ,X V —Aug. 5 —Closing— Bid. Ask. Arms Packing 35 40 Cvrtis Aero, com 3 Vi 5 Curtis Aero, pfd 25 28 Boston & Montana 18 20 Boston & Montana Corp. lVi 19-16 Goldfield Con 5 7 Jumbo Extension 2 , 5 International Petroleum.. 20 % 21 Nip Using —5% 5 % Salt Creek 15 Vi 15*4 Tonopah Extension 1 % 1 Vi Tonopah Mining 1% 2 United P S new 6Vi 7 U. S. Light and Heat .. 19-16 111-16 TJ. S. Light and Heat pfd 1% IV* Wright-Martin 2 5 Yukon Gold Mine Cos. ... 95 100 Jerome 3 Vi 3 H New Cornelia 19*4 19Vi United Verde 27*4 SS Sequoyah 2 8 Omar Oil 1% 1 13-16 Rep. Tire 50 60 CHICAGO STOCKS (By Thomson & McKinnon) —Aug. 5 Open. High. Low. Close. Arm A Cos. pf 99% 99 V* 99% 99 Vi C. C. AC.R.pf 6% 7 6 4 6V* Com. Edison. 130% 130 4 130% Libby McNeill 2 2 1 % I % Mont. Ward.. 23% 24% 23% 24 Vi N. Leath, new 7 % 8 7Vi 8 Pick & Cos.. 26% 27 26% 27 Swift ic Cos. .1014 102- 1014 102 Swift Inti... 19% 19Vi 19 4 19% Union C. & C. 67Vi 67 4 67 V 4 57 4 COTTONSEED OIL .By United Financial I NEW YORK. Aug. s.—The cottonseed oil market opened quiet and about steady, particularly on near positions, but later turned weak influenced by the sharp decline in lard at Chicago and there was quite a distinct increase in pressure on the new crop months. Local bear traders were offering the market off and owing to the weakness in Western lard, there was very little outside buying. Reports from the South continue substantially unchanged and there \w only & 'muted Souther* interest. CLEVELAND PRODUCE By 'United Financial CLEVELAND. Aug. s.—Butter—Extra In tubs, 404 ® 41c: primes, 414 6 42c: firsts, 384 639 c; packing stock, 23 @ 25c. Eggs— Fresh gathered Northern extras. 28c: extra firsts, 27c: Ohio*. 22 4c; Western firsts, new cases. 214 c. Poultry unchanged.
New York Stocks (By Thomson A McKinnon.) -—Aug. 5
Railroads— Prey High. Low. Close, close. Atchison .. , 102 101 4 103 101 % At. C. L. . )U4% 113 4 113 4 113 B and 0... 67% 67% 87* 57*4 Can. Pacific .141% 141 141% 140 4 C. and O. .. 7.b% 73 73% 72 Vi C. & N. W. R 80 4 79 4 80 4 79V* R.. R. 1. & P. 46 444 45% 444 Demand Hud. 120 126 126 126% Del A Lack..l29 4 129 4 129 4 129 4 Erie 17% 174 17% 174 Erie Ist. pfd. 26% 26'’% 26 % 26% Gt. N. pfd, 84% 84 84 V* 83% K City S. . 26% 26% 26 4 26*4 Lehigh Valley 66 4 05 V 4 65% 65 4 L. and N. ..1344 133% 134 4 133 4 Mo. Pacific 23 4 22% 23 4 22 4 Mo. Pac. pfd. 67 4 56 57%s 58 N. Y. Cent. 07% 97 97% 97 4 X Y. N HAH. 31 Vi 31% 31% 31V* North, pac. 79 78% 79 78 V* Norf A West.ll7 116 4 117 115 Vs Pennsylvania 46 % 46 % 46 % 46 % Reading ... 76% 76 76% 75% So. Ry. ... 26% 25% 20% 25% So Pacific 91% 91V* 81% 81% St. Paul ..314 30 V* 31V* 30% St. P. pfd,. 48 4 '47 4 47% 47 4 St. L. & S. W. 33 32 32% 32 St LAS W pfd 51 50% 50V* 60% StLAS Fe R. 30% 29% 30% 29 Vs Union Pace .143% 143** 143% 142 Vi Wabash ... 13 12 V* 13 12% Wabash pfd. 33% 32 V* 33 32** West. Pao 19% 19 V* 19V4 19 P. A W Va. 41% 40% 41% 41 Rubbers— Ajax Rub 12*4 124 184 11% Fisk Ruber, 12% 12 4 12% 124 Eeliy-Sp 44 43 V* 44 44*4 K T. AR. CO. 94 . 9 94 9V4 U S. Rub... 56% 66% 66% 66% Equipments— Am, C. A Fd. 172 172 173 172 Am. L0c0... 120V* 120 120 120 4 Bald. Loco. 120 V* 120 120 120% Lima Loco . 55 % 65 4 55 % 55 4 Pullman .. . ,121 4 120 4 120% 121 % West. Elcc... 10l V* 614 61V* 61% Steels— Beth. <8)... 77 77 77 77 Crucible 93’* 92** 92 4 93 V* lackawanna. 77 77 77 .... Midvale 34 34 34 34 4 l’enna. S. 8,. 74 6% 7 4 U. S. Steel. 1014 100 Vs 1014 1014 Motors— Chan. Motors 59% 59*4 69% 60 Gen. Motors. 13% 13V* 13V* 13*4 Hupp Motors 17% 17** 17** l 8 HudeonM... 20% 20% 204 20% Max. M. (A) 59% 69 4 59 4 68% Max. Mo. (B) 19% 19% 19% 194 Mack Truck. 66% 56% 60% 57 Martin Perry 20 29 29 ... Pierce-Arrow. 10% 104 10% 104 Studebaker .131% 130% 131** 1314 Stromberg. .. 44 434 44 ... Minings—■ ■Butte C A Z.. 7V* 74 7% 7 4 Dome Mines. 31 31 31 30 4 Int Nickel.. 17’* 17 4 17*4 17 4 Gt No Ore... 40 % 40 V* 404 ... Coppers— Amer Smelt.. 614 61 61 Anaconda ... 53 4 64 4 53 4 53 4 Chile Copper 22 H 22 4 23 4 21 % Kennecott .. -36 4 38 36 35 7 *
BOND ISSUES CLIMB Liberties Gain After Earlier Lull in Sales. By W. H. GRIMES United Financial Staff Correspondent. NEW YORK, Aug. 5. —Tbe bond market threw off its hesitating attitude today and in the short trading thej;e was a fractional trend upward to both railroad and industrial issues. Foreign issues marked time, and after a rather pcor opening. Liberty bonds made gains in cents. The gained 20 cents on the first few sates. The higher priced issues acted will. Among the industrials, U. S. Steel ss, which had a gain of more than a point yesterday, lost that amount and got back to 103%. The domestic bond market during this week has made Blight but progressive advances. Averages now show an increase of slightly over 20 cents as compared with Monday's figure. The bond turnover during the week has averaged around $13,000,000 daily, which is only fair.
CURB VALUES SINK Standard Oils of New York and Indiana Decline. By IF. H. GRIMES United Financial Staff Corrcsoondcnt. ' v NEW YORK. Aug. s.—The curb started up at the opening today and turned abruptly to fractional declines with principal activity in the oils. Standard Oil of New York, which cut gasoline prices yesterday dropped 5 points to 417. Standard of Indiana sold above 110 and then got down to 109%. Maracaibo, which has had an 8 point advance at its best price this week sold a 22% soon after the opening at 22%. Stutz / opened at 18. TERoE MARKET NOTES By United Financial , WASHINGTON. Aug. s.—Production oi cottonseed oi’ during the three mouths' period ending June 30 totaled 87.147.650 pounds the census bureau ol the Department of Commerce announced today. Factory production of fats and oils, exclusive of th* refined oils and derivators, totaled 825. H 5 891 pounds during the period. Production of refined oil other than cottonseed dung the three months' period was as follows: Cocoanut. 29.926,148 pounds: peanut, 6,.79.611 pounds: soy bean, 66.263 pounds, and corn, 10,986.064 pounds. WASHINGTON, Aug. 6.—Secretary Davis plans to have conferences Tuesday with representatives of marine engineers. firemen, seamen and other marine craftsmen of the Great hakes district. He ig anxious to effect a conciliation between these craftsmen numbering 13,000. who have threatened to strike, and their employers. NEW YORK, Aug. 6.—The Cuban sugar crop this year may exceed 3.909,000 tons according to the Federal Sugar Refining Company's latest estimate. _ WINNIPEG, Aug. s.—Canadian grain Operators have looked with apprehension on talk of a government wheat board. Despite fairly heavy demand from foreign markets local dealers have been afraid to sell because of the danger of government control. PITTSBURGH, Aug. s.—Plants of the American Sheet and Tin Plate and Carnegie Steel Companies in and around New Castie will operate as usual next week. The Shenango plant will be operating about 85 per cent. These plants have a good supply of fuel. CHICAGO, Aug. s.—Two Board of Trade memberships sold for $5,400 and $5,423 respectively net to the buyer yesterday. DULUTH. Aug. 5. Considerable deterioration in the wheat crop throughout important areas in South Dakota and Minnesota is in evidence. Drought is the principal cause of the damage and .experts believe the crop is too far gone rb be helped with ,rain at this season. MINNEAPOLIS. Aug- s.—Harvesters are rushing to the fields as a result of the rate announced by the Great Northern. Northern Pacific and Soo lines of $5 fare to any point for parties of five or more, good to Aug. 15. North Dakota has raised a cry for 25,00 farm hands and surely needs many thousands at ones. The outlook is for an early harvest season and it at least will find enough., labor to care for the crops. Montana is -calling for more men than at any time in several years. CHICAGO. Aug. s.—Samuel M. Yauclain, president of the Baldwin Locomotive Workß. says: "Business in the East when I left was good, but it improved the farther West I went. Money is easy and crops are fine. Lumber business in the Northwest is booming arid it appears to bte a question of getting cars. British Columbia has the biggest wheat crop in five years.” WINNIPEG. Aug. s.—Wheat has been maturing rapidly in most sections of Manitoba. Although a few early fields cut near Brandon were badly infested with saw fly. mijpt of the crop will show little damage. CHICAGO PRODUCE By United Financial CHICAGO, Xbg. s.—Butter—Receipts, 14,580 tubs. Eggs—Receipts.. 13,477 cases. Cheese—Twins, new, 18% @16%: Daisies, 18c: Young Americas, 18% @ 19c: Longhorns, 19@19tjc: Brick, 18@18%c. Live poultry—Turkeys. 25c: spring broilers, 21 % @27c; roosters, 14c; geese, 14@21c; ducks, 22a.
Fret. High. Low Close. close. Utah Copper. 64 4 644 04 4 -.7* Seneca Cop.. 13 12 12 ... Oils Cal Petrol.. 58 58 68 68 Cosden .... 44 4 43 V* 44 44 Houston Oil .76 75 4 75 4 75% Invine Oil .. 12% 12% 124 124 Mex Petrol .175 4 172% 172% 174% Mid St Oil.. 12V* 12% 12% 12% Mex S B 24 22% 22% 22% Par-Ara Pet. 75% 74% 74% 76 Pac Oil 64% 64% 54% 64% Pierce Oil . . 7 4 7 4 7V* 7 4 Pro and Ref. 37% 37% 37% ,37% Pure Oil ... 28 Vi ~20 29 29 V* Royal Dutch 83 V* 63 63 53 St Oil of Cal. 1064 105 Z 105% ',106 4 St. Oil of NJ.183 183 183 183 Sinclair ..7. 30% 30% 30% 30% Texas C 0.., 474 46V* 47 47 T. Coal A Oil 24 V* 24 V* 24% 24% Trans.-C. OU. 14 14 14 14 Union Oil. . . 20 19 % 20 % White Oil, . 8 4 8 4 8 4 8 Industrials— Allied Chem.. 73% 73 73 72% ArfT Ag. Chm. 37% 37% yB7 % Am. Can.,. 594 59 4 594 59’* Am. Woolen. 90V* 90% 90-% 90% Cent. Lather. 38% 38 4 38 4 38% Cocoa-Cola , .70 69% 69% 70 Comp. A Tab. 69 68% 69 68 4 Fam. Players 84% 844 844 844 Gen. Asphalt 70 4 70*4 70 V* 70%, Loews 10% 10% 16% 164 May Stores ,121 121 121 1214 Mont. Ward.. 24 4 23% 24 4 23% Owen Bottle. 36 4 86 80 4 37 Rem. Type, 37 4 37 4 37 4 Sears Roebck 82 814 81*/* BL4 U. 8. R. Stor 64 63 4 63 4 03% U, S. In. A. 02% 62 4 62 V* 624 Woolworth .183 183 185 187 Utilities— Am. Tel. A T.122V4 122 122 1224 Con. Gas ,124% 124 Vi 124% 1344 Col. Gas. , 92 4 92 % 92 % 92 V* Phila. Cos. , 38% 38% 88% West. Union 1114 110% 110% 111*4 Shipping— Am. Int. C. . 40% 4040 40 A. Ship A C. 19 18% 18 4 10 At. Gulf ,32% 32 4 32 V* 32% In. M. M. , 15% 154 15*4 16% In. M. M pfd 60 V* 06 06 60 United Fruit.l47 4 1474 147 V* 1474 Foods— Am. Sugar. 82 82 82 81% Am. Beet Sg. 47** 47 4 47 4 47 4 Austin Nich, 23% 28% 28% .... Am. Cot. OU 26 4 20 4 26% Corn Prod, 111%/ 110*4 111% 110 Cuba C. Sg., 16% 18% 16% 30% Cub-A. Sg, . ?"•,* 27% 27% 37% Wilson A Cos. 43 4 43 4 - 43 4 Tobaccos— LotUlard ~164 164 184 Am. Tob. Cos. 150% 149% 150% 118% Gen. Cigar , 77 77 77 ~ Tob. Prod., 79% 78% 79 79 Miscellaneous Stocks— Alaska J 1% 1% 1% ....... Tenn. Copper 10 V 4 10 30% 10 % Davison Chem 49 48 % 48 % Elec. 8. Bat. 40% 46 40% 40% R. J. Rey (B) 40 48 4 48*4 40 PereMarq., 36% 35 4 36*4 35*4 Marland Oil, 38% 38 30 38V*
INDIANAPOLIS STOCKS —Aug. 4 Stocks Bid. Ask. Ind. Rv. A Light, com 57 Ind. Ky. A Light pfd 84% 89 Vi lntlpls. St. Ry 40 .... Indpls. N. W. pfd,— 45 Indpls. A S. E. pfd . 60 T. H. T. A L. pfd JI S T. H. I. A E. com *1 6 T. H. I. A Dfd 3 4 ... U. T. of Ind. com 3 U. T. of Ind. Ist pfd 10 U. T. of Ind. 2d pfd 1 6 Advance-Rumely pfd Advanoe-Kumely com . , . , Am. Creosoling pfd 94*4 >. . •Belt R. R. com 63 •Belt R. R. pfd 51 Century Bldg Cos. pfd ~ 94 Citizens Gas Cos 22 . , City Service com 178 183 City Service Cos. pfd 68 4 09 4 American Central life In "00 ~ Dodge Mfg. pfd . , .. Home Brewing 40 . , Ind- Hotel com 88 ... •Ind. Hotel Cos. pfd 09 ... Ind. Natl. Life Ins. Cos 2 ... •Ind. Title Guarantee 60 ... Ind. Pipe Lines 86 92 Indpls. Abattoir pfd 45 ~ •Indpls. Gas 46 4 ~ lndpiS. Tel. pfd 90 ~ lidplß.VTel.com I .... Mer. Pub. Uti. pfd.. 60 Natl. Motor Car Cos 1 4 Pub. Savings Ins Cos 0% ... Standard Oil of Indiana . ... 109 , 111 Sterling Firo Insurance Cos, 7 .... Van Camp Hdw pfd 90 ... Van Camp Prod Ist pfd 97 100 Van Camp Prod 2d pfd 100 Vandaiia Coal Cos. com,., 1 Vandalia Coal Cos. pfd 1 12 Wabash Ry. pfd 31% '34 4 Wabash Ry. com 12% 15% Bonds Broad Ripple 5s 62 4 • • Citizens St. R. R. os 83 87*4 Indiana Greek Coal & M. 6s. 100 Ii and. Coke A Gas 0s 80 91 Indpls. C. A 8. 5s 92 ... Indpls. A Martinsville ss, , 614 ... Indpls Northern 6 47 52 Indpls. St. Ry. 65 07*4 Indpls. A N W. os 6*a 59 Indpls. A S. E. 5s 40 Indpls. Shelby AB. E. s|, , 65 ... T K. I. A E 5s 05 „. Citizens Gas os 86 88 4 JnHpis. Gas 6s 80 87 4 Kokomo M. A W. 5s 88 4 01 Ind Hotel Cos. 6s 99 % Indpls. Water 5s .......... 90 Vi 99 Indpls. Water 4 Vis 81 85 Indpls. T. A T. 5s 84 80 Indpls. L. A H. 5g 92 94 U. T. of Ind. 6# 69% 02 4 Mer. H. A L os 99 V 4•• ■ New Tel. L. D. 5s 97 New Tel. Ist 6s -.. 97 South. Ind. Power 0s —... 864 91
IN THE COTTON MARKET Bp Uniffd Financial NEW YORK, Auf. ft.-f-Cottoji future oprned quiet ind barely Hteedj today, off 5 to 8 points on Wail street. Local and hedge seliiner was in sympathy with the unsettl'd outside condition. New Orleans and satisfied ' shorts furnished buying orders. The cotton marke closed easy, off 3 to 11. Open. Hijfh. Low. Close. January 21.06 21.15 21.00 21.00 March 2104 21.12 21.00 421.03 Mav 20.05 21.01 20.02 20,96 October 21.25 21.26 21.05 21.10 December .... 21.20 21.25 21.08 21.12
Bp United Financial NEW ORLEANS, Aur- &—Southern traders continued to sell and the local cotton exchange opened with the market weak again today. . . _ Despite, continued dry weather in Texas, futures were off from 4 to 13 points. October opened at 20.60 c, off 12; December 20.64 c. off 8; January 20.55 c, off x3; March 20.58 c. off 4. CHICAGO HOGS WEAKEN Cattle Market Holds Yesterday’s Price Levels. By United Financial CHICAGO, Aug. s.—Hog prices dropped 25 to 40 cents at the Chicago 6tockyards today. The supply was somewhat heavier than anticipated, fresh receipts of 6,600 surprising the holders, and forcing them td accept lower bids from a quiet market. The total supply at the ten big markets was 39,000 compared with 33,000 last Saturday. Receipts of cattle were light at 1,000, and tfie market generally steady with few buyers. Prices held at about yesterday’s figure on a run of choice grades. The killers took about' 150 in direct shipments from other markets. The sheep market was practically nominal, the killers taking practically all of the 3,000 receipts in direct consignments from other trading points. Tfie total supply at the ten big markets was 6,200 against 4,000 a week ago.^ WOLVES TRAIL AUTO Tourists on Week-End Trips in East Report Pack on Roads. EASTON, Pa.—Automobilists returning to their homes here from week-end trips through New Jersey and New York reported that they encountered a pack of wolves between Belvidere und Tlackettstown. One motorist exhibited a broken window in the sidq of his coupe which he said was caused by one of the animals leaping against it. ! So far a?" could be learned no one | was attacked by the animals, but several motorists said they were followed for a considerable distance.
THE INDIANAPOLIS TIMES
LIGHT PORKERS HOLE STERDY; RECEIPTS LOUD
Cattle and Lamb3 Hold Cer- . tain; Calf Market Runs Grade Higher. BANGS OF 800 PRICES. Good Good Good July mixed heavy fight 29. SIO.OO-10.10 $lO.lO-10.50 $10.35-10 90 31. 9.80- 0.90 0.00-16.30 10.15-10.70 AUg 1. 9.80- 9.90 9.90-10.30 10.15-10.70 2. 9.75- 9.90 9.90-10.30 10.25-10.80 3. 9.50- 9.65 9.85-10.05 10.00-10.60 4. 9.40- 9.55 9 55-10.90 9.90-10.50 5. 9.40- 9.50 9.50- 9.85 9.90-10.50 With the usual light Saturday receipts, all markets held more or less steady at the stockyards today. Best grades in the hog market held firm, with the heavier swine showing some weakness. Choice lights brought [email protected] Receipts, 6,400; stale, 600. In the cattle section, prices held steady with 300 receipts. Best steers brought / $10.15 @10.50, The calf market was strong, with 300 received. A top of $11.50 was reached In the trading. x Sheep and lambs held steady, best lambs bringing sl2. Receipts, 200.
—Hogs—--100 to 150 lbs. average , ,$10.60@ 10,30 Over 300 pounds. 9.000 9,90 150 to 300 pounds 10.10010.50 Best pigs under 140 lbs. ~ 9.70(3 9.90 Roughs 7.000 8.00 Top 10.50 Bulk of sales 990 $lO 40 Stags 9.50 ($10.26 -7-Cattle — Few choice steers 10.15 ($10.50 Prime corn-ted steers. 1,000 to 1.300 lbs 8.65 0 0.10 Good to choice steers, 1,000 1.300 lbs 8.160 8.85 Good to choice steers, 1.000 to 1.200 lbs 7.600 8.25 Good, to choice steers, 1,000 to 1,100 lbs 7.250 7.50 Common to medium steers, 800 to 1.000 lbs 6.60 0 7.25 —tews and Heifers— Few choice neifers 9.25© 975 Good ot choice heifers 8.35 it 9.00 Medium heifers *.... 7.75 0 8.26 Common to uedmm heifers.. 6.50® 760 Good to choice < ows 7.00® 8.25 Couimfin tu, good cows 3 75® 6.50 CsnneFa .r. 2.5U41 3-50 Cutters > 2.25 0 3.25 ) —Bulls— Fancy butcher bulls 6.25© 6.00 Good to choice butcher bulls. 4.500 600 Bologna bulls 3.60© 3.70 Light boiogtia bulls 3.000 3.25 Light common bulls 3.00© 3.60 fcholee veals , , 10.50 @ll.OO Good veals 9.50 ii 10.50 Medium veals 8.50(q, 9-75 Lightweight veals .... 7.00® 8.00 Heavyweight veals 650 @ 7.50 Common heavlis r.~ 5.00® 8.76 Top 11.50 —iUotikerw and Feeders— Good to choice steer* under 800 lbs . 6.25© 7.5 u Medium cows 3.60® 3.75 Good cows . 4 i*o @ 4.0.1 Good heifers . 6.00® 7.50 Medium to good heifers ~ 4.60® 5.75 Milch cows and springers, 35.00*4 85.00 —Sheep and Lambs— Cull ewes 1.75© 2 50 Good to choice ewes 2.50© 5.50 Bucks 2 75© 350 Yearlings 6.00® 8.00 Springers 9 00© 12 00 Culls 3225© 6.00 ‘ OTHER LIVESTOCK By United Financial CHICAGO, Aug. s.—Hogs—Receipts, 25,000; market, 25c to 40c lower; top. $lO 60: bulk of sales. slo.6s®ll''Es; heavy weight. $9.15® 10; medium weight. $9.75@1(h60: lightweight, $10.35® 10.00, light lights. $10.25® 10.63; heavy packing sows. $7.60 @8.35: packing sows rough. $7.10 07.00: pigs, $9.50® 10.50. Cattle—Receipts. 1,000; market, steary; choice and prime. $10.25® 10.75; medium and good. $8.25® 10.25; common, $66508.25; good and choice. $9.25® 10.50; common and medium, $6.50 @9.25; butcher cattle and heifers, $5.25@ 9. cows, $4.1508.35; bulls. $3.70® 0.35: canners. cutters, cown and heifers, $3.10® 4.15; canner steers, $3.25® 5; veal calves, $9,75® 10.75; feeder steers, $5.50® 7.65: Rtoeker steers, $4.76® 7.65: Stocker cows and heifers. $2,600 5.00. Sheep—Receipts. 3,000; market, steady: lambs, sl2® 13.10; iambs, cull and common, $8.25® 11.25; yearling wethers. $8.50© 11: ewes. $3.50® 7.85; cull to common ewes. s2®4. CINCINNATI. Aug. s.—Hog 2.800; market weak to 10®25c lower; heavies, $9.50® 10.50: mixed. $10.85: mediums. $10.75; lights. $11: pigs. $10.50: roughs. $7.50; ktags. $5.70®6. Cattle — Receipts, 300: market, steady: bull*, steady: calves. $10.50: calf top, sll Sheep and lambs—Receipts, 2.000; market " steady; ewes. $4®6.60; choice iambs. $13.50. secopds. $8: culls. $4 ®5. CLEVELAND. Aug. s.—Hogs—Receipts. 2.000 market. slow: yorkers, $11.25; mixed. $10.75; mediums. $9 75: pigs. $11.25V roughs. $7.75; stags. $5. Cattle —Receipts. 200: market, slow: good to choice steers, $9(1*9.75; good to ohotce heltgrs. s6*7; good to choice cows. $4 50 @5.50; fair to good cows. [email protected]_; good to choice bulls. $0 @7; tnilcbers, $35 ©75. Sheep and lambs—r-Reeeipts. 400: market, steady: top, 1,200. Calves—Receipts. 400: market, steady; top. $11.50. EAST BUFFALO. Aug. s.—Cattle—Receipts, 575; market, slow to steady: shipping steers, $8.75® 10.25: butcher grades. $8.7008.75: cows, [email protected]. Calves — Receipts, 300; market, glow, $1 lower; culls to choice. s4®l2. Sheep and lambs — Receipts, 1.400; market, slow, lambs 25clower; choice lambs. $12.25: culls to fair. [email protected]; ye.arllnjs. s7® 10; sheep, s3® 8.25. Hogs—Receipts, 3,200; market, very dull. 600 to 760 lower; yorkers. $1125® ) 1.35: pigs. $11.35 HI 11.50; mixed. $10.75 @11.25: heavies. slo® 10.50: roughs, $7.50®8: stags, [email protected]. PITTSBURGH. Aug. 6.—Hogs—Receipts, 3,000; market, 20e lower: prime heavy hogs. [email protected]: mediums. $11.40® 11.50: heavy yorkers, $11.40® 11.60; light yorkers. $11.40® 11.50; pigs, $11.40® 11. 50; roughs, [email protected]; stags, [email protected]; heavy mixed. 10.25 @10.50. Cattle Supply, 100; market, steady: choice, $9.50@10; prime. '59.2500.76; fc ood. $8.50 00: tidy butchers, $8 @8.76: fair. $0.25 07.75; common. [email protected]; common to good fat bulls. '[email protected]; common to good fat cows, $3 @5.76: heifers. [email protected]: fresh cows and springers. $33 @BS: veal calves, $11.75: heavy and thin calves, ss@9. Sheep and lamb supply, 300; market, steady; prime wethers. $6.75 @7.25: good mixed, so@ 6.75; fair mixed. [email protected]: culls and common, [email protected]; lambs $12.50. EAST ST. LOUIS, Aug. 6.—Cattle—Receipts, 5,000: market, steady: native beef steers/ s9@lo: yearling steers and heifers, $9 @9.75; cows, [email protected]; Stockers and feeders, [email protected]: calves, [email protected]: caners and cutters, [email protected]. Hogs—Receipts, 4,500; market, 10c to 15c lower; mixed and butchers, $lO @10.25: good heavies. $9.6009.75: roughs, [email protected]; pigs, $10.50® 10.55: bulk, -.510.10@ 10.50. Sheep—Receipts, 6,000; market normal; muton ewes, [email protected]; lambs, $12.25® 12.50: canners and choppers, $1.50(93. EAST BUFFALO, Aug. s.—Cattld—Receipts. 275; market, slow; prime steer feeders, $500.60; shipping steers, ss.F>o@ 11.50; buteher grades, $7.50 08.50; heifers, $5.60 08: cows, [email protected]; bulls. $3,750 6.75; milk cows and stringers. S2OOIIO. Calves—Receipts, 3,000; market. sJow; cull to choice. $4 012. Sheep and lambs—Receipts, 1,400; market, slow; choice lambs, $12012.25; cull to lair, [email protected]: yearlings, $6011.60; shflbp, $7010.10. Receipts, 3,200; market, alow: yorkers, $11.25011.35; pigs, mixed, $10.75 @ll. heavy, [email protected]; roughs, $7.50 08: stags, $4.5005.50.
BOSTON WOOL MARKET By United Financial BOSTON, Aug. s.—There are signs in the local wool market of a revival in the demand for good grades of wool, especially since champions of the wool schedule of the tariff bill claim that the rate will remain unchanged. Wool men aro therefore preparing to boost prices, especially if the independent companies report a good demand for the spring opening lines. Last week when it wus suggested that there may be some modification of the wool schedule, operators were inclined to bold aloof from the market, but since that time there has been a fairly good demand from New England mills. As there are no more foreign auctions to create any prices disturbances until early in September, the feeling in local quarters is that operators wjji take advantage M the situation boost vras.
GHIHO WHEAT LEADS -DECLINE
Corn Follows With Slackened Demands From Liverpool Markets. / •**%. Bp United Financial CHICAGO, Aug. s.—ferain trading had an easier tone on the Chicago Board of Trade''today and prices we -e sharply lower. Wheat led the decline on heavy selling pressure. ; A tendency to narrow the difference between* September and December wheat was evident during the day. Weather reports from all sections of the wheat-growing States Indicated that the drought had been broken by recent rains and heavy yields were anticipated in most sections. Corn followed wheat on ttoe decline and prices fractionally lower all around. Closing of the Liverpool market today and Monday with a decrease in export business, was the chief cause of corn’s slump. Better reports from Argentina, where the crop is being moved from the interior for export without any delay, added to the bearish sentiment of the trading. Trading was light in the oats pit, prices declining fractionally, in sympathy with other grains. Scattered buying orders held prices practically steady for a time, but the weakness of the market and selling by some of the earlier buyers pressed prices off at the close. Provisions closed lower, in sympathy with sharp declines in hog prices at the Chicago stockyards. Receipts were the trading generally dull,
CHICAGO GRAIN TABLE , —Aug. 5 By United Financial WHEAT— Open. High. Low.* Close. Sept... 1.08% 1.08% 1.00% 1.07 I)eo ... 1.09*4 1 09% 107 fl 07% May... 1.13% 1.13%. 1.11% 1.12 Co Scpt~.. .62 .62% -61% -01 % Dec .. . >8 Vi .58 .57 j* .o <V4 May... .61 Vi .61 Vi .60 % .00!# Dec -36% .36% .85% .3o>* May... .39% .39% .38’* .38% RYE— Sept... .76 % .75 % .74 .74 _Dee 78 .78.™ .141* .i4v* LA Sn>t~*. ■lO 97 11.13 10.92 10.93 0ct....11,05 11-23 10.90 10.05 Kl S?p7 10.15 10.20 10.07 10.07 , CHICAGO CASH GRAIN By United Financial ' CHICAGO. Aug. 6.—Wheat—-No. 2 red. $1.11%; No. 3 red. $1.09%: No. 2 hard. 1.12: No. 3 spring. $1.05: No. 3 hard. $112%. Corn—No. 2 yellow. 64c: No. 1 mixed. 63 %e; No. 2 mixed, 03 %c: No. 4 mixed. 62 %c: No. 0 mixed. 02*t<\ Oat#— No 3 white. 33c: No. 4 white, 32 %c: No. 2 white. 64c. Barley—sß 0 61c. Rye— No. 2,78 c. Timothy—s4.2s @5. INDIANAPOLIS CASH GRAIN The bids for car lots of rrain anA hay at tht < ail ut the Indianapolis Board ot Trade "When.*—Easier; No. 3 red. $1 0101.03. Corn- .usier: No. 3 white. 37 0 >Sc, No. 4 white, 50 0 57c: No. 3 yellow. 6<%@ 58c: No 4 yellow. 56 % 057 %c; No. 3 mixed 56 057 c; No. 4 mixed. 55 @ ooc. Oats—Steady; No. 2 white. 30031 c; No. 3 white. 29 0 30c. —lnspection* . . Wheat—No. 2 red, 11 cars; No 3 red. 6 cars; No. 4 red. 5 cars; No. 1 mixed. 1 car; No. 2 mixed, 4 cars; No. 3 mixed 1 car; sample. 2 cars. Total. 30 cars. Corn —No. 2 white, 1 car; No. 3 white, 4 2 cars. Total. 30 cars cars- No. 4 white, a cars: No. 5 white, 3 cars• No. 0 white, si car: No. 3 yellow. 7 are- No. 3 yellow, 6 cars: No. 4 yellow, 9 cars: No. 6 yellow. 2 cars;- sainpie yellow. I ca>-3- No. 2 mixed, 1 car: No. 3 mixed, ~ cars: £o. 4 mixed, 3 cars. Total. 50 cars. Oats —No 1 white, 2 ears; No. 2 white. 13 cars; No'. 3 white. 35 cars: No. 4 white, 3 car*. Total. 63 cars _ . , Rve —No. 2, 6 cars: No. 8, 6 catp. Total. II cars. . . ~ _ Total number of cars for day. 146. Grain prices quoted f. o. b. basis 41 %o to New York. PRIMARY MARKETS —Aug. 5 (By Thomson & McKinnon.) Receipts Wheat. Corn. Oats. Sioux City . 7.000 50.000 56.000 sl. Joe ... 114.000 29,000 4.000 Chhvtgo . . 777,000 300.000 BnO.OOO Milwaukee. 45,000 19000 Minneapolis lAt .000 16,000 Duluth ... Is.ooo l. 00 31 000 St. I.ouls . 343,000 70,000 ?•, 000 Toledo ... 45.000 5.000 10.000 Detroit .. . 7.000 4.000 10.000 Omaha .. . 203,000 74.000 2f .0t)0 Indianapolis 30.000 - 34,000 .4,000 Totals .1,068,000 016,000 Jgl-OWJ Year ago 2,530.000 613,000 1,530,000 Shipments Wheat. Corn. Oats. Sioux City . 1.000 63,000 34.000 St. Joe .. 43.000 20,000 4.000 Chicago . . 564.000 „ 68.000 IW.OOO Milwaukee . 12.000 18.000 83.000 Minneapolis 123.000 30,000 114.000 Duluth .. . 3,000 230.000 . St Louis. 166.000 08,000 01.000 Toledo 66,000 , Detroit ... 2.000 Omaha .. . 143.000 122,000 80.2°L> Indianapolis' 10,000 8,000 6,000 Totals .1.123 000 630,000 660.000 Year ago 2,408,000 057,000 294,000 Clearances Wheat. Corn. Oats. New York* 236.000 60,000 Philadelphia 328,000 25.0C0 Baltimore . 48,000 172,000 Totals . L 612.000 197,000 60.000 Year ago. 344,000 SAXON MOTORS EXTEND Stockholders Approve Issue of 200,000 New Shares. NEW YORK, Aug. 5. —Stockholders of Saxon Motor Car Corporation have approved a plan for refinancing, whereby the company is authorized to issue 200,000 shares of new stock. Under the financing program, the company's capital liabilities remain unchanged, while $750,000 new money is provided for working capital to take care of increased new business.
INDIANAPOLIS PRODUCE Eggs—Fresh, I9e. Butter—Packing stock. 19c. Poultry-Fowls, over 4% lbs.. 21c; under 4% lbs., 16c: broilers, 1% lbs. up, 27c; broilers under 1% lbs.. 24c. Cocks and stars. 12c; young tom turkeys over 12 • bs., 27c: young hen turkeys over 8 lbs.. 27c; old tom turkeys over 8 lbs., 22c. Geese over 10 lbs. 12c: ducks over 4 lbs.. 16c: squabs 11 Ibu to the dozen. 10c. CORN AND WHEAT BULLETIN for the twenty-four hours ending at 7 a. m„ Saturday. Aug. 6. 1922. Temperature -a o a *4 "o 4 a o Station# of . 13 a Indianapolis S' ♦> -ob District J'g 2H* x! v ? ii c*> South Bend .... 60 57 .0 Good Angola HO 56 ' 0 Good Ft. Wayne .14 I 60 0 I Wheatfield 83 I 50 0 ! Good lioyal Center . . 84 ! 54 I 0 I Busty - Marion 80 I 57 I 0 1 Good Lafayette 86 | 59 0 1 Good 1 armland 88 i 57 I 0 1 Good Indianapolis ..tB4 160 I 0 ! Good Cambridge City . 76 57 0 Good Terre Haute ... 88 58 0 Bloomington ... 90 57 0 Good Columbus 91 57 0 Good Vincennes 93 61 0 Gocd Paoli 87 69 0.01 Good Evansville ..... 92 66 0.24
GDIIEHNDfiS GIVEN FUEL DIRECTIONS BY FEDERAL SCENT Emergency Instructions Go Forward From U. S. Headquarters. PRICES MUST BE APPROVED Applications Go Through State Committees if Need is Essential. s By United Press WASHINGTON, Aug. s.—lnstructions in the matter of fuel distribution were forwarded to the Governors of the States today by Federal Fuel Distributor Spencer. Outstanding points in the instructions were: The Federal fuel distributor will not act upon application made by consumers or dealers directly to him, but will refer the applicant to the State fuel committee, ifyhis need is essential and coal cannot be obtained from sources within his State, the State committee may then make application to the Federal fuel distributor for assistance. , * Gbvernors’ committees are required to apply for coal product in other States only through the Federal fuel distributor. No Anthracite Available There is no anthracite' coal available for distrioution by the Federal agencies. ' Application for emergency coal should be made only for the most essential purposes under priority classes. Emergency coal supplied on these applications made to .the Federal fuel distributor will be placed f. o. b. railway cars at the mines at fair prices approved for the producing district by Secretary Hoover. These instructions were sent out, Spencer said, "in order that we may work most effectively, and that the methods shall be as much alike as possible in all the States."
FUMES RAISED IN 35 COUNTIES State Board Decreases Assessment in Seven Counties —SB Unchanged. The State board of tax commissioners in its report on findings on assessments in ninety-one counties of the State has Increased the appraisements on thirty-six counties, as shown by the abstracts presented them. In flffy counties the appraisements filed by local boards were unchanged, while five reductions have been made. The reports have been certified to boards of review of the counties. * The five counties in which voluntary reductions over appraisements were granted were Dußois,' Hancock, Perry, Pike and Decatur. Due to failure of officials to file a complete abstract, a report on Marion County has not been made. Reports for Boone County show that the appraisement value-, per acre for farm land has been reduced $25.78 over 1921 figures. In Hamilton County the reduction over 1921 appraisement figures amounted to $12.38, in Hancock county $32.10, in Hendricks County $29.66, in Johnson County $32.45, in Morgan County $6.10, in. Shelby County $40,97. In counties yrhere increases in assessments have been made local boards af review will reconvene next Tuesday. In the event these boards are not able to equalize assessments, the State board is empowered to make an horizontal increase on appraisements for the county.
CITY SHOWS GROWTH Over Thousand fyew Street Numbers Issued. Rapid expansion Into unoccupied territoryyof the city Is reflected in Issuance of 1,237 new street numbers by the city civil engineering: department since Jan. L, William J. Achifferdecker. assistant clerk, said today. A number Is assigned to .every twenty feet or fraction thereof of property frontage. The city furnishes each owner of new construction one set of metal /numerals to mark the property. ' HAS HIS HAIR WAVED Young Man Unembarrassed by Titters of Feminine Audience. YOUNGSTOWN, Ohio—A girl reporter was In the next booth when a young man, with black hair, walked Into a beauty parlor here and had his hair marceled. Althought she witnessed the application of the curling iron and many titters were plainly -heard, he apparently was not embarrassed. lODINE BURNS CHILD Little Girl Mistakes Poisop for Bottle of Perfume. By Times Special ANQERSON, Ind., Aug. s.—Mistaking iodine for perfume In a bottle she from a shelf the 3-year-old girl of Lemon Hite sprinkled the poison over the face, hands and clothing of the 7-months-old daughter of Thomas Day of Pendleton. The child swallowed some of the fluid and is ia a serious condition. Bands ta Play Indianapolis Military Band will play under auspices of the park board in Spades Park Sunday afternoon. Arndt Military Band will play in University Square. Talk to Shopmen Paul O’Shaughnessy of the barbers' union, Walter Stevens of the-Carmen .and the Rev. Jackson addressed striktoday.
HOSPITALITY By United Press JASONVILLE, Ind., Aug. 5. Herbert Cartwright and Robert Bass, district board members of the miners’ union, today invitid Colonel Tappan, in charge of troops guarding mines in this area, to send his soldiers as guests of the miners, to a milters’ baseball game here Thursday. Cartwright and Bass told Tappan the miners were determined there should be fto violence. OfFIGIALS KEPT . FRUMJEETING Craven and Elliott T&lk With Priest While Civic Gathering Adjourns. President Jay A. Craven and Vice President John L. Elliott of the board of sanitary commissioner®, went to West Indianapolis last night to attend a meeting of citizens in which protests against the garbage plant ofi Sellers Farm were expected to be made. They never got there, it was learned today. J. Stephen Fullen, leader in the Enterprise Civic League, which called the meeting, said the audience kept wondering all evening why the officials did not appear. After adjournment Fullen, Councilman Heydon W. Buchanan and Frank Turner, president of the league, Btood in front of Assumption Hall, 1105 Blaine St., Craven and Elliott appeared. Intercepted by Priest They had been sitting on the front porch of the Rev. Joseph F. Weber, next door, all evening. " They told Fullen, Father Weber intercepted them as they Were about to enter the hall saying he had been asked by league officials to wait on his porch until the two were called, as it was desired to take .up some business without their presence They waited until 10 o’clock. The league officers said they had given no word the sanitary commissioners were to be kept out. May Drop Opposition A majority of the meeting farOred dropping opposition to construction of anew garbage plant on Sellers Farm.
FOUR GUARDS TO EBHIKEfi Strikebreakers on L. &. N. Have Plenty of Protection for Their Labor. By United Press EARLINGTON, Ky„ Aug. s.—One hundred twenty guards patrolled the Louisville & Nashville Railroaj} yards today, while thirty one strikebreakers worked. Twenty-five National Guardsmen patroled the streets of Earlington to protect citizens against the railroad guards, according to Mayor Cur*is Johnson. 7; No trouble was reported Today. The State troops -were called after the railroad guards flashed guns in the streets, Johnson said. They obeyed orders of special police to keep within the railroad yards, according to Johnson. TO REPAIR CONDUIT Board Decides on Work at Meeting Today. Some means of preventing the fivefoot conduit under White River from leaking must be found, board of sanitary commissioners decided today. Two contractors have worked on the big pipe almost two years, numerous troubles delaying them. Charles H. Hurd, consulting engineer for the board, recommended steel piling to prevent high waters from cutting the bed of the stream, thereby causing joints to break. The contractor figures this will cost $25,000, Hurd said. UPHOLDS OFFICER Park Board Exonerates Custodian of Charges. Exonerating Lon Wilson, custodian of St. Clair Park, from charges that he beat and kicked boys, President Charles A. Bookwalter. at the park board meeting today, announced the I board would stand back of its of- i fleers in enforcing discipline in parks and playgrounds. Bookwalter cited several acts v of vandalism in parks and playgrounds recently, such as the driving a nail in childrens’ slide, and said stern measures are necessary to prevent this. .SUGAR COSTS HIGH Senator Harrison Estimates Addition of Vast Sum Through Tariff. By United Pre*s WASHINGTON, Aug. s.—ls the rates in the sugar schedule in the McCurnber tariff bill are adopted, the American consumer will be taxed more than $1 , ?0 1 000,000 a year, Senator Harrison, Mississippi, leader of the fight against the schedule, charged in the Senate today. * . Harrison declared that sugar which costs 6 cents a pound in the United States, because of the tariff rates, can be sold for 4.21 cents a pound in Germany. PLANE FRIGHTENS MULES Old Man Injured When Team Runs Away From Air Machine. WILLIAMSPORT, Pa.—Albert Lamond, 72 years old. of Hepburnville, was badly hurt when a team of mules he was driving was frightened by an airplafee which passed low over Hepburn vjlle. Neighbors saw his team racing up fils rhad and found Mr. LamomAoti th,9 ground with -6ncussion bniin and other injuries. 4gßn unconscious since tbe acciiflH|H
TRADE OPTIMISE GROWS DESPITE GURRENTPLIGHT Business Conditions Present Striking Contrast With Supposed Adversity, MANY FEATURES APPEAR Retailers Seem to Have Been Chief Victims of Recent Upheavals. By W. H. GRIMES United Financial Staff Correspondent. NEW YORK, Aug. 5. —The' present week closes with renewed promise of settlement ($f one of the great strikes that is halting the revival of practically every line of business. It is generally believed here that the meeting of operators and miners in Cleveland means the end of the coal strike. Coal stocks, however, are at their lowest point. There —4IL !i -^ e doubt that train Schedules ar% better and car loadings for July, with coal shipments de ducted, made a record for that month. Business, of course, has been adversely affected by the continuing strike, but the bright spot in the whole thing is that some lines have made actual advances, in the face of difficulties. Confidence has not been shaken. Here is the way some of the leading industries shape up: / Corn and Wheat. The Modern Miller, at Chicago, says the spring wheat crop Is excellent, both in quality and quantity, and that production will approach 280,000,000 bushels, the largest since 1918. Corn is making good progress and a crop a l.ttle below the record is possible. Cotton promises less than a "month ago, according to the Department of Agriculture. Iron and Steel. Reports of closing furnaces, curtailed operations and rising prices as a result of the coal strike are again the feature of the week. The steel trade was not favored in the coal priority and has difficulty in getting fuel. According to Iron Age, pig iron production dropped during the last of Jujy so that the total output was 2,400,045 tons, which makes the daily average 1,280 a day less than in June. Prices are from one to thre dollars higher.
Dry Goods and Textiles The primary textile markets here were expected to go ahead once the Government cotton report had helped settle the price question. Instead, the Government report put that question further from settlement and buying has been'slow and in small lots. In the woolen testiles, the American Y/oolen Company completed its.openings at prices generally pleasing to the buyer and the result is that many lines are up. * utomobfle* The automobile industry, after a record six months’ business, has resorted to price cutting ted by General Motors and many of the popular makes have been reduced. Present prices of tires is said to be the lowest in history. Retail Trade Street ear strikes in Buffalo and Chicago have affected retail trade, and, According to Bradstreet, fewer good reports come from the country as a whole. July mail order sales fell off from those of June and May. Hides and Leather Hides continue to advance in price, although the advances have brought rises in shoe prices' and retailers who delayed purchasing for fall are beginning to regret it. , FIRED AT FIVE TIMES Tourist Mist alien for Itum-Rnnner by Mounted State Trooper. DETROlTr—George Duffield was fire# at five times by a State trooper, who was trailing rum runners. Duffield left Detroit in a roadster alone. About ten miles from Lansing a revolver bullet tore through the top of his car a few inches from his head. He looked back and saw a man pursuing him on a motorcycle. Duffield at once drew up at the side of the road. The pursuer, a State trooper, approached and ordered him to raise his hands. Then he searched the automobile and explained he had been ordered to be on the alert for a notorious rum smuggler. WILSON DOUBLE BURGLES Vaudeville Has no Further Use for ‘Twin” of Famous Man. NEW YORK—Corless Centennial Cunningham, who used to impersonate Woodrow Wilson on the stage, was driven to insanity and then to burglary by his double’s retirement from' world affairs, his counsel told Judge Moncusco. Vaudeville producers, holding a Wilson face no longer was a good drawing card, denied Cunninghanr employment, the lawyer said, and in desperation he smashed a Jewelry window to obtain funds for food. Cunningham asserts he was employed by Vance McCormick to impersonate the President in the 1916 campaign and won him 225,000 votes. PREDICTS DEATH Decides Too Late to Quit Running Tractor For Fear of Accident. KALAMAZOO, Mich.—"l am going to quit running tractors because I have a premonition that some time one of them will cause ,my death,” Clarence Morlock of Coloma, told hte. mother. Morlock was killed when the tractor on which he was riding turned turtle on a hillside. 'Morlock had finished work in a field. He was en route to the barn with the machine xvhen the accident occurred. Wrong Address Given The police reported Friday that, Glenn Tulley had been arrested for keeping a gambling house .at 2412 Cornell Ave. The Cornell Ave. address is Tulley’s home. The raid was Inade at Twenty-Second and Yandea ml—hm—MMHWi
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