Indianapolis Times, Volume 35, Number 75, Indianapolis, Marion County, 7 August 1922 — Page 10

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RAILWAY STOCKS SCORE ADVANCES ' INWALLSTREET Chesapeake & Ohio, St. Paul and Others Attain New Highs for Year, EQUIPMENT ISSUES RISE Industrial List, However, Waits Outcome of Coal Parley at Cleveland, By United Financial XETW YORK. Aug. 7,—The "Wall Street Journal today says: Taking the excessive humidity Into consideration, railroad stocks showed exceptional animation on the New Tork Stock Exchange today. Prices in the entire group forged ahead throughout the session. New highs for the year were obtained by Chesapeake & Ohio, the St. Paul issues, Southern Railway, Great Northern preferred and other representative rails. ‘ President Harding’s propose! to submit the seniority question to the railroad board was looked upon as another political adventure. Its announcement had no effect on railroad stock values, which continued to appreciate with the expectation that the labor troubles would be shortly settled on a basis entirely acceptable to the carriers. American Locomotive, Baldwin, Pullman and other equipment stocks advanced in sympathy with the rails. Asa general thing, however, the industrial lists did little, awaiting the outcome of the coal conference at Cleveland. Great buoyancy was shown in the morning trading in mercantile stocks, but even this section of the industrial group later came under the influence of the prevailing dullness. LOCAL BANK CLEARINGS Indianapolis bank clearings Monday were 5C.826.000: bank debits, g 5.203.000. NEW YORK LIBERTY BONDS —Aug. 7 Prev. High. Low. Close, close. L B 3%b 101.04 100.88 101.00 100.96 L B Ist 45.. 101.22 101.18 101.18 L B Ist 4 *4s. 101.32 101.22 101.22 101.24 L B 2d 4-is. 100.58 100.50 100.54 100.54 L B 3d 4Hs. 100.58 100.50 100.52 100.56 L B 4th 4% s. 101.34 101.16 111.24 101.30 Victory 4%s .100.90 100.88 100.88 100.88 NEW YORK CALL MONEY NEW TORK. Aug. 7.—Money—Cal! money ruled 3% per cent: high, 4 per cent: ldw. 3 per cent. Time rates, all 4© 4 % per cent. Time mercantile paper, • easy. Sterling exchange was steady with business in bankers' bills at 4.46 lor demand. NEW YORK TIME MONEY By United Financial ; NEW YORK. Aug. 7.—Time loans are arranged at from 344 to 45* per cent Loans lor thirty days. 3*4 per cent: sixty and ninety days maturities 4 per cent and up to six months. 44* per cent. Brokers inquiries are not large. Renewals were arranged at above sales. MOTOR SECURITIES (By Thomson & McKinnon) —Aug. 7 —Closing— Bid. Ask. Earl Motors .... 2% 3 Packard, com ..... .**,. •. •. • 13 54 13 44 Packard, pld 84 86 Peerless 56 58 Continental Motors, com .... 744 744 Continental Motors, pld . 90 .... tupp, com 1754 18 Hupp, pld ..105 110 Reo Motor Car . 12 % 1314 Elgin Motors I’* 2 H Grant Motors % T s Ford ol Canada .385 375 International Motor, com .... 56 68 Hendee Ml* 21 22 National Motors 2 3 Federal Truck ......... 20 22 Paige Motors .; 2044 2144 Republic Truck 5 544 active Toil stocks (By Thomson A McKinnon.) —Aug. 7. —ClosingBid. Ask. Anglo-American Oil ........ 18*4 19 4* Atlantic Lobos 944 1044 Borne-Scrymser 390 410 Buckeye Pipe Line 92 94 Chesebroush Mlg. Cons 185 195 Continental Oil. Colorado ... 135 142 Cosden Oil and Gas 5 12 Crescent Pipe Line 33 35 Cumberland Pipe Lins ......135 145 Elk Basin Pete 944 944 Eureka Pipe Line ......... 87 90 Galena-Signal Oil. Pref 100 105 Galena-Signal Oil. Com 52 54 Illinois Pipe Line 160 165 Indiana Pipe Line ........ 88 90 Merritt Oil 844 9 Midwest Oil 244 .... Midwest Rfg. 200 .... National Transit .- ;... 25 44 2614 New York Transit 160 170 Northern Pipe Line 92 97 Ohio Oil .v 275 280 Oklahoma P. & R 7 10 Penn.-Mex. 25 30 Prairie Oil and Gas ........570 590 Prairie Pipe Line 250 280 Sapulpa Ref g. 344 344 Solar Refining 330 340 Southern Pipe Line 92 94 South Penn Oil 200 225 Southwest Penn Pipe Lines .. 61 63 Standard Oil Cos. of Ind. ...109 44 109% Standard Oil Cos. of Kan. ...630 550 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 (By Thomson & McKinnon.) —Aug. 7 —Closing— Bid. Ask. Acme Parking 35 40 Curtis Aero. com. ...... 314 5 Curtis Aero, pld 23 28 Boston & Montana .... 18 19 Bostoh & Montana Corp. .144 1 9-18 Goldfield Con 5 7 Jumbo Extension ....... 3 5 International Petroleum . 20% 20 T 4 Kirby Oil 4 4>4 Nipissing 6% 6% Standard Motorsc 4 5 Salt Creek 15% 15 44 Tonopah Extension ..... 1 % lls Tonopah Mining ....... 1% 2 United P. S. New 6% 7 U. S. Light and Heat ... 1 8-16 1 11-16 U. S. Light A Heat pfd. 1% 1% Wright-Martin 2 4 Yukon Gold Mine Cos. . . 95 100 Jerome B*4 344 New Cornelia 19 % 19*4 United Verde 2744 28 Sequoyah 2 10 Omar Oil 1 % 113-18 Itep. Tire 60 60 CHICAGO STOCKS (By Thomson A McKinnon) —Aug. 7 Open. High. Low Close. Ar. A Cos. pfd 99% 09 T 4 99 44 99 44 C. C. AC. Rps. 7 74g 0% 6% Com. Edison. 130 13044 130 130 44 Con. Motors. 7*4 7% 7% 744 Dfctm. Match.lls 44 116 115 115 Mont. Ward. 24% 25 24 44 24*4 N. Leath new 744 8 7% 7% Pick A Cos.. 26*4 27 44 20*4 2744 Plggly Wg. A 52% 43 44 42% 42 44 Stew. Warn.. 43 % 44 43 4* 43% Swift A C0...101% 102 101% 102 Swift Inti... 19% 1944 19% 19% Union C. AC. 57 44 68 57 44 57% Wrigley AO6 % 10744 108% 107 Yellow Taxi. 71% 71% 71% 7144 INDIANAPOLIS PRODUCE Fresh eggs, candled, 20c: packing sWk hotter, 19c; fowls, 444 be. up. 20c: ipwl under 444 lbs., 17c: springs, 2lb* aid |n•ler. 24c: springs, over 2 lbs. 20c: cocks fcd stags. 11c: young tom turkeys. 12 lbs. w>. 25c: young hen turkeys. 8 lbs. up. 25c: and tom turks. 20c: ducks. 4 lbs. up, 15c: spring ducks. 4 lbs. up. 18c; geese. 10 lbs. up, ldB; squabs. 11 lbs. to doz„ 55,

New York Stocks (By Thomson A McKinnon.) —Aug. 7

Railroads— Prer. High. Low. Close, close. Atchison 102% 101% 10244' 102 At C. Line ..115 113% 115 113 44 ®* 0 58% ,574s 58% 57% Can Pac.... 142 44 141 % 142 141 % C. AO 75 73 44 74% 73% C. A N. W. R. 8344 80% 82% 804a C, H. I, 4 u 452 45* 45* C. A G. W.. .9 8% 9 9 Del. A Hud. 120 44 126% 12644 126 Del. A Lack..l3l % 130% 13144 129 44 Erie,.. 18 17 % 17% 17% Erie J.st pfd.. 27 44 26% 27 % 26% Gt. No. pfd. 87% 84% 87% 84% 111. Central.. 110 109 109 . ... Kail. C. So.. 2644 2644 26% 26% Lehigh Val. 66% 5% 66% 65% L. AN. ...135 134% 134% 134% Mo Pacific.. 2344 23 23% *3^ Mo. Pac. pfd. 57% 66% 67% 57% N. Y Centra! 98% 97 4a 98% 97% N.Y.N.H.A H. 32% .34 4 31% 31% North. Pac.. 80% 73% 80% 79 Nor. A West. 117 116% 117 117 Penn 46% 46% 46% 46% Reading .... 77 76 77 70% So. Ry 27% 26% 27% 26% So. Pacific.. 92% 91% 92% 91% St. Paul...'. 32% 314a 32% 31% St. Paul pfd. 49% 48 49 4* 47% St. L. A B.W. 32% 32% 32% 32% St.L.AS.W.pfd. 50% 60% 60% 60% StX-AS.F.R... 31 30% 31 30% Tex. A Pan.. 32 31% 82% Union Pac... 144% 143% 144% 143% Wabash 13% 13 13% 13 Wab. pfd... 33% 32% 33% 33 West. Pac... 19% 19% 19% 19% Pgh. A W. V. 41% 4044 414* 41% Rubbers— Ajax Rub... 11% 11% 11% 12% Fisk Rub... 12% 12% 12% 12% Goodrich Rb. 37% 32% 32% 37 Kelly-Spg. .. 44 42 % 44 44 K. T. A R. Cos 9% 844 9 .9% U. S. Rub... 67% 55% 66% 56% Equipments— Am. L0c0...121 119% 120% 119% Bald. Loco. . 122 % 120 122% 120 Lima Loco.. 6544 54% 65% 55% N. Y. Airbrk. 76 . 76 76 Pressed S Car 82% * 82% 82% Pullman ...122% 120% 122% 120% Ry. Stl. 5pg.,109 109 109 108% West. Elec.. 62% 61% 61% 61% Steels— Beth “8"... 7744 77 77 44 77 Crucible 92 % 91 % 92 % 92 % Lackawanna. 76% 78% 76% 77 Midvale ... 34% 33% 34% 34 Otis 11 10% 10% ... Replogle ... 32 *4 32 32 32 H Rep lAS.. 72 71% 72 71 % I Sloss-Sheff... 47 % 47 % 47 % ... U S Steel ..101% 100% 101% 101%i U S Steel pf .120 119% 120 119% . Vanadium... 49% 48% 49% 48% I Motors— Chand Mot.. 69% 67% 68% 69% ! Gen Mot ... 13% 13% 13% 13% j Hudson Mot 21 20% 20% 20% Max Mot , ‘A” 59% 67% 67% 59 % I Max Mot ‘‘B'’ 19% 19% 19% 19% Mack Truck 67% 66% 67% 66% Martin P. .. 28% 28% 28 4* 29 Pierce-Arrow 10% 10% 10% 10% Studebaker .132 4* 131% 131% 131% Stromberg .. 45 45 45 44 Stewart-W. .43% 43% 43% Willys-O. ... 8% 8 8 8 White M... 48% 48% 48% Minings— Butte C. A Z. 7% 7% 7% 7% B Superior.. 30 % 30 % 30 % .... Dome M. ... 32 31 % 31 % 31 lilt. Nickel .17% 17% 17% 17% Texas G. A S. 48% 48 48% Coppers— A. Smelting,... 61 % 60 61 % 61 MARRIAGE LICENSES George E. Green, 2229 Station St.: Mary L. Yocum, 2406 N. Sherman drive. Raymond Martin, Ft. Benjamin Harrison: Geneva Mascol. 2110 W. Morton Orville C. Thomas. Greeneastle. Ind.; Leuora P. Browning, 1034 S. Belmont. Tilman W. Farrow, 2164 N. Pennsylvania; Graceeeaiice Morrhfon, 820 Elm. Ltscom Titus Darrough. 849 Sanders: Hulda Kaiser, 2752 Ashland. Louis Muncil, 535 W. Michigan; Julia Nelson. 1234 Charles. Laurence M. Hughes. 2411 Martindale; Cecil M. Sarber. 430 S. Meridian. Lawrence C. ‘Day. Bloomington, Ind.;: Maud L. Day. 706 N. Meridian. Emery M. Catt, Greenfield. Ind.; Garnet j R. Dunn. 310 Northwest. Robert Reese, 237 Puryear; Jessie Jackson. ' 237 Puryear. Louis J. Wendltng, 144 N. East; Beatrice ! L. Schludeckel. 1218 Union. Roy E. Bradshaw. 26 E. Raymond; Mrs. Venoda Koran. 26 E. Raymond. John E. Barrett, Y. M. C. A.; Lelah P. | McElhany, 1020 Beliefontaine. Ted Stafford. Centerton. Ind.: Mclonia Anderson. 1127 River. Edward McCoy. 222% Indiana Ave.; Julia! H. Finley, 944 Pershing Ave. Edward V. Hester, 418 N. Delaware St,: Thelma R. Evans. 927 N. Tibbs Ave. Elmer A. Busch, 329 JJ. Noble Bt.; Ruble D. Adams, 501 N. East St. Rufus E. Calhoun, 2708 Napoleon Et.: Gladys M. Supple. 1037 Harrison St. Cecil I. Smith, 2806 Woodburn Ave.; Dorothy J. Greenson, 130 N. Eighteenth St. Henry Smith. Jr.. 818 Indiana Ave.; Estella Perkins, 632 W. Eleventh St. James R. Logan, 650 Harbin St.: Emma Erwin, 1671 Pleasant St. BIRTHS Girls Arthur and Esther Chapman, 5635 College. Orpheus and Murl Guy 406 Parker. William and Eva Buaer. 6217 Broadway. Otto and Lenora Mueller. Methodist Hospital. Jrvln and Grace King. Methodist Hospital. George and Ethel Biehl. 2550 S. Meridian. Clarence ami Frances Boyd. 3043 Kenwood. Armm and Cornelia Leich, 4736 Broadway. Harry and Maud Ott. 1439 S. Talbott. William and Martha Meacliam, 1133 S. East. Walter and Henrietta Buenaman. 846 N. Tuxedo. Frank and Sallle Williams. 1709 N. Tacoma. Alonzo and Esther Whitaker, 101.0 E. Pratt. Coin and Alma Carr, 330 E. Raymond. James and Esther Clark, 2740 Cornell. Orin and Sarah Cunningham. Clarke Blakeeiee Hospital. Edward and Katherine Grummoll, St. Vincent Hospital. John and Mary Spalding, St. Vincent Hospital. Richard and Alma Colier, 1142 E. Pratt. Roy and Emma Durham, 42 S. Tuxedo. James and Eulah Duncan. 327 Hanson. Charles and Grace Meridith, 1239 S. West. Charles and Blanche Graphman. 1121 E. Pratt. Roy and Pearl Brown. 419 N. Callfomia. Robert and Ruth Haynes. 822 Adeliade. Boys Paul and Nellie La Shorne. 1015 Sanders. William and Helen MeAbce. Methodist Hospital. James and Margaret Phillips. 710 S. Delaware. Paul and Clara Bonke, 1714 Thaddeuß. John and Mavis Applin, Clark Blakeslee Hospital. William and Prudence Sehmal*. Clark Blakeslee Hospital. Henderson and Maggie Thomas. 780 W. Torbett. Samuel and Oneida Shirley. 527 Wilkins. Harry and Elaine Buefcenberger, 717 E. Twenty-Fourth. Frederick and Ruth Holliday, St. Vincent Hospital. Harry and Mary Perkin's. St. Vincent Hospital. Earl and Margaret Flgg. 226 Minkner. Herbert and Be6gie Norton, 1533 E. Raymand. Webb and Marie Arnold. 1444 Hoyt. Carl and Helen Wahl. 214 N. Hamilton. Herbey and Alma Apple. 34 S, Ralston. Charles and Effie Doane, 818 W. TwentyEighth. Russell and Margeret Beck. 1411 S. Alabama. Paul and Margaret Bennett. 334 N. Pine. David and Frankie Amos, 819 N. Blake. Patrick and Agnes Harlty, 1624 N. Tacoma. DEATHS William Allen, 1 day, 915 Charles, premature birth. John Thomas. 29, city hospital, appendicitis. Sarah E. Shuler. 68. 2332 College, acute dilatation of heart. Minnie Sehutte, 78. 2505 E. Tenth, pulmonary hemorrhage. Cherry Tyler, 70, city hospial, carcinoma. Loretta May Backley, 5, 830 Harrison, acute inflammatory rheumatism. Mordena Villa. 54, 098% E. Washington, carcinoma. Carrie Hummel. 55. 439 N. Warman. hyperthyrodlsm. Cora T. Ramsey, 44, 1027 N. Tacoma, acute perltonits. Elizabeth Crowley. 73, 3265 N. New Jersey. chronic myocarditis. Frank O'Brien, 69, 836 N. Rural, sarcoma. Angelins C. CaldweU, 61, 849 8. Belleview PL. carcinoma. Patrick John Harlty. 4 days. 1824 N. Tacoma. premature birth. Lee Gibson, 31, city hospital, tuberculosis. William N. Norris, 57, Deaconess Hospital, apoplexy. Alice May Ulery, 77, 419 E. Twelfth, uremia. Beniamin Gordon, 06, 520 E. Vermont, arterio sclerosis. ! Aletta Cromwell Miller. 52, 33 N. ArlingI on. chronic parenchymatous nephritis. Infant Bray ton, —, Methodist Hospital. I asphyxiation. Edward Lse Boswell, 53, 1203 Gross, uremia.

Prev. High. Low Close. close. Anaconda . . 54 % 53 % 54 % 63 % Chile Copper 22 % 21 % 22 % 22 % Inspiration .41% 41 41% .... Kemjecott ..36% 36 36% 36 Miami 29% 29% 29% Utah Copper. 68 65 66 64% Ray Cons... 10% 10% 16% 16% U. S. Smelt.. 41% 41% 41% 42 O'ia— Cal. Petrol... 68 57 67% 58 Cosden ..... 44 43% 43% 44 Houston Oil.. 76% 76 78% 75% Invincible 0.. 12% 12% 12% 12% Mex. Petrol. 174'** 172% 173 172% Mid. S. Oil.. 12% 12% 12% 12*1 Mex. S. 8... 23% 22% 23 22% Pan.-A. Petrol 75% 74% 75 74% Pacific 0i1.... 64% 64 54% 54% Pierce 0i1.... 7 % 7 % 7 % 7 % Pro. and R... 36% 36% 30Vi 37% Pure Oil 29% 29 29% 29 Roy. Dutch. . 53 53 % 52 % 53 St. O. of C.. 100% 105% 105 Vz 105% Sinclair 30% 30% 30% 30% Texas Cos 47% 46% 48% 47 T. Coal & 0.. 24% 24% 24% 24% T. 0i1... 14 13% 13% 14 Union Oil. . . 20 20 20 19 % White 0i1... 8 7% 7% 8% Indusrtlals— Allied Chem. 73% 73 773% 73 Adv. Rumley 19 18% 19 ..... Alllis Chaim.. 63% 53 53 72% Am. Can 59% 68% 58% 59% Am. H.&L.pf. 70 70 70 70 Am. Ice 113% 111% 112% 112% Am. Woolen. 90% 90% 90% 90% Cent. Leather 38% 38 38 38% Coca C01a... 70% 69% 70% 69% Comp & Tab 69% 69 69% 69 Cent Can... 76% 75% 75% 76% Knd-Johnson. 82% 82 % 82% 82% Fam Players 86% 84% 84 % 84 Vi 1 Gen Asphalt. 71% 70 70% 70% Int Paper... 54% 54% 54% 54 Int Harv. .106% 10A% 106% ... Loews 16% 16% 16% 16% May Stores. 127 122% 126 121 Mont &Ward 25 24% 24% 24% Nat Enamel. 55% 55% 65% 65 Owen Bottle. 36% 36 36 38% : Pittsbgh Coal 65 64 % 64 % 64 % Sears-Rbk. . . 84% 81% 84 81% United Drug 80 80 80 ... US Ret St.. 63% 62% 63% 63% U. S. In. Aleo. 62% 62% 62% 62% Woolworth ..194 193 194 185 A. Tel. &T. 122% 122% 122% 122 B. R. Trans.. 25 24% 24% 24% Con. Gas ...125 124% 124 % 124% Columbia G... 92 % 92 % 92 % 92 % ! Phila. Cos 40 39 % 40 .... | West. U 11l 110% 110% 110% Shipping—— A. Int. Corp. 39% 39% 39 40 Am. S. & C.. 18% 18% 18% 18% I 111. M. Mar.. 15 14 14 15% In. M. M. pfd. 66% 64% 65 66 ! United F 147% 147% 147% 147% Foods— Am. Sugar. 81% 81% 81% 82 Am. Beet S.. 47% 47% 47% 47% A.' Nichols . 27% 27% 27% 28% Corn Prod. .115% 110% 113% 111% Cuba C. S. . 16% 16% 16% 16% Cuban A. S. . 27% 27% 27% 27% Tobaccos— Am. Snuff ..133 132 132 Am. T. Cos. .151% 160% 151% 150% Leggett & M.IBO 179 180 Tob. Prod... 79 78 % 78 % 79 . Miscellaneous Stocks— Am. Rad 104% 104 104% Tenn. Cop... 10% 10% 10% 10% Dav. Chem.. 49% 48% 48% 48 Pere Marquet 37% 36% 37% 30 V* It. J. Reyn. B 49 48% 48% 48% C. 78 78 78 Callahan ... 8 % 8 % 8 % INDIANAPOLIS STOCKS —Aug. 7 Stocks „ . _ _ Bid. Ask. Ind. Rv. A Light, com 57 ... Ind. Ky. & Light pfd 84% 89% Indpls. St. Ry 49 % ... IndpU. N. W. pfd,..*. 4o ... Indpls. Si S. E. pid 60 T. H. T. A L. pfd 75 T. H. I. k E. com 1 a T. H. I. k pfd 3% ... U. T. of Jnd. com 3 U. T. of Ind. Ist pfd, 10 U. T. of Ind. 2d pfd 1 0 Advance-Rutnely pfd ...... .... .1. ' ; Advanee-Rumely com. 18 ... Am Creosoting pfd 95% ... •Beit K. R. com 63 ... •Belt R. R. pfd 51 Ceu|ury Bldg. Cos. pfd .... 1(4 Citizens Gas Cos 22 25 City Service com.. 179 184 City Service Cos. ptd 66 68% American Central life 1n.... . 200 Dodge Mfg. pfd . . . ... j Home Brewing 40 ... Ind. Hotel com 88 ... j *lnd. Hotel Cos. pfd „ , 99 ... I Ind. Nat!. Life Ins. Cos 2 ... •Ind. Title Guarantee SO ... Ind. Pipe Lines 87 91 Indpls. Abattoir pfd 45 •Indpls. Gas _. 40% ... Indpu. Tel pfd 90 ... Indpls. Tel. com 1 ... Mer. Pub. Utl. pfd 59 ... Rauh Fertilizer Cos 49 ... Natl. Motor Car Cos. ...... . 1 4 Pub. Savings Ins. Cos 6% ... Standard Oil of Indiana ... 108% 110% Sterling Fire insurance Cos.. 7 .... Van Camp Hdw pfd 90 ... Van Camp Prod Ist pfd 97 100 Van Camp Prod 01 pfd 100 Vandalia Coal Cos. com 1 3 Vandalia Coal Cos. pfd 1 12 Wa-bash Ry. pfd 31% 34'4 Wabash Ry. com 12 14% Bonds Brqad Ripple 5s 62 % ... Citizens St. R. R. 5s „ 83 87% Indiana Creek Coal & M. 6s. 100 ... Ii and. Coke k Gas 6s 86 91 Indpls. C k S. 6s 92 ... Indpls. k Martinsville ss. ... 61% ... Indpls. Northern 5s 47 , 51 Indpls. St. Ry 4s 65 67% Indpls. k N. W. 5s 65 • 59% Indpls. & 8. E. os 40 ... Indpls. Shelby 48. B. 61. ... 65 ... T H. I. k E. 5s 64 ... Citizens Gas 5g 86 88% Indpls. Gas 6s 86 87 % Kokomo M. & W. 5s 88% 91 Ind. Hotel Cos. 6s 99% ... Indpls. Water 5g 90% 99 Indpls. Water 4%s 81 Vi 84% Indpls. T. & T. 5g 84 88% Indpls. L. & H. 5s 92 94 U. T. of Ind. 6s. 69% 62% Mer. H. & L. 5s 99% .... New Tel. L. D. 5s 97 New Tel. Ist 0s 97 South. Ind. Power 6s 80% 91 IN THE COTTON MARKET Bn fii ited Financial NEW YORK. Aug. 7.—Further reeessions in cotton marked initial trading for the new week. Small losses at the first call were rapidly extended 21 to 31 points net as reporta of showers In Texas, unfavorable foreign political situation and lack of demand for spots inspired fresh liquidation anil local selling. Buying was scattered ana in light volume. —Aug. 7 Open. High. Low. Close. January 20.93 20.93 20.53 20.73 March 20.93 20.95 20.57 20.77 May 20.87 20.87 20.54 20.73 July 20.00 October 21.05 21.05 20.00 20.82 December 21.05 21.05 20.62 20.83 Ry United Financial NEW ORLEANS, Aug. 7.—Cables reporting poor business in England taxtilo centers caused futures to Bell off 10 to 20 points on the opening of the Now Orleans cotton exchange today. October sold at 20.52 c, off 10 points: December. 20.0 c. off 15. BOSTON WOOL MARKET By United Financial BOSTON. Aug. 7.—There has been no weakening in the wool basis during the past week, but on the contrary, efforts were made to raise asking prices, especially for three-eighths blood varieties. In considering the tariff situation as a bullish factor, the contrary side points out that it must be recognized that the foreign markets may offer to undersell American houses to such an extent that the lower price would entirely absorb the 33 per cent tariff now proposed. While the receipts of wool In Boston this year are nearly double those of last year, there is not a great abundance of fine grades, and Summer street is very optimistic regarding the immediate future. The First National Bank of Boston has advices from Buenos Aires to the effeot that heavy and frequent rains since early ia June have washed wool on the sheep's backs to such an extent that, barring a long dry spell before clip time, the new crop will be cleaner than any other crop in recent years. ABANDONS'AUTO IN RACE Takes Street tar and Arrives Ahead of Stork. NEW YORK.—When Joseph A. Burns' automobile balked while he was racing to his home in an effort to get there ahead of the stork, he simply abandoned the automobile at the curb, hopped aboard a trolley car and arrived home about five minutes before the stork brought a fine baby boy. Meanwhile the police had notified surrounding towns that a crazy motorist had abandoned a good machine. They took ft in charge and Burns got It back.

THE INDIANAPOLIS TIMES

WHEAT AND CORN LEU HUM FALL Shrinkage In Export Demands Has Deadening Influence on Markets. By United Financial CHICAGO, Aug. 7.—Heavy selling against purchases of new wheat in the Northwest and absence of export buyers were the chief causes of a slump In grain prices on the Chicago Board of Trade today. Prices were l@2c lower than Saturday's close. September wheat led the market on the downturn on reports of acute congestion in several Important Western centers and rumors that Chicago would soon be deluged with the crop. Traders were Inclined to expect an early settlement of the railroad strike and an easier movement of grains. Weather and crop reports from all sections Indicated the harvest was going on without delay and large yields were predicted. Northern Illinois fields were said to be showing forty to fifty bushels per acre. With weather and crop reports generally favorable the foreign demand had been the only strengthening Influence In corn and bearish sentiment was stronger with the Liverpool market closed and no foreign inquiries. Oats showed considerable Independent strength throughout the day,, but dropped off In sympathy with the other grains at the close. Receipts, however, were heavy and the general sentiment of the market was slightly bearish. Provisions were Irregular. Receipts were heavy but the eastern outlet was good and prices fluctuated during the day. CHICACO GRAIN TABLE By United Financial — Aug. 7 Wheat— Open. High. Low. Close. Sept 1.06 * 1.06% 1.05% 105% Dec.... 1.00% 1.06% 106 1 06% May 1.11% 1.11% 110% 1.11% CORN— Sept 61% .61% .59% .60% Deo 57 .57 .66 % 60 % May 60% .00% .59% .60 OATS— Sept 32% .32 % .32% .32% Dee sis.% .35% .35 .35% May 38% .38% .38% .38% RYE— Sept 74 .74 .72% .73% Dec 74% .74% .73% .73% LARD— Sept 10.85 10 85 10.53 10.73 Oct 10.67 10.82 10.02 10.83 RIBS— Sept Nominal: 10.07 CHICAGO CASH GRAIN Bit United Financial CHICAGO, A ax. 7.—Wheat—No. 3 red. $1.06%; No 2 hard. SI .08%; No. 3 spring. SI 03; No 3 hard. SI.OB %. Corn —No. 2 yellow, 02%c: No. 3 yellow. 03Vc; No. 4 yellow, 04"; No. 5 yellow, 02c: No. 0 yellow, 01c; No. 1 mixed. 62%c: No. 2 mixed. 03% ; No. 3 mixed, 02c; No. 6 mixed. 01 %c Oats—No. 3 white, 32e; No. 4 white, 41*c; standard. 30c. Corn —No. 2 white. 02 %e; No. 4 white, 61% Barley, 53<401c. Ryo— No. 1. 75 %e. Timothy. $4.25446. Cloverseed. sl2 4410. * INDIANAPOLIS CASH GRAIN — Avg. 7 Bids for car lots or grain and hay at the call of the Tndianapolia Board of Trade were: Wheat—Through billed, easier; No. 2 *,O. $11.02. Corn—Easy: No. 3 white. 554455%e: No. 4 white. 54% 4455 c: No. 3 yellow. 50% 50%e; No. 4 yellow, 55 % © 60C; No. 3 mixed, 64®56c: No. 4 mixed. 3®54c. Oats—Easy: No. 2 while, 29% ©3oc: No. 3 white, 28% 44 29c. —lnspections—Wheat—No. 1 red. 2 cars: No. 2 red, 7 cars: No. 3 red. 12 cars; No. 4 red. 2 cars; No. 2 hard. 1 car No. 3 mixed. 1 car; sample, 1 car. Total, 25 cars. Corn —No. 2 white. 1 car: No. 3 white, 0 cars: No. 4 white. 2 cars; No. 2 yellow, 1 car; No. 3 yellow. 2 cars: No. 4 yellow. 2 cars: No. 5 yellow. 4 cars. No. 6 yellow. 3 cars. Total. 21 cars Oats—No. 2 white. 10 cars; No. 3 white, 31 cars: No. 4 white, 1 ear; sample whits, l car; No. 2 mixed, 1 car. Total. 50 cars. Rye—No. 2. 3 cars; No. 3. 9 care. Total. 12 cars. Total number of cars for the day, 108. Grain prices quoted t. o. b. basts, 41 %c to New York. PRIMARY MARKETS (Thomson k McKinnon) —Aug. 7 Receipts Wheat. Corn Oats Sioux City... 11,000 20.000 22,000 Chicago .... 698.000 302,000 508,000 Milwaukee . 41,000 80,000 122.000 Minneapolis.. 370,000 43.000 182.000 Duluth .... 34.000 15.000 St. Louis 505.000 107.000 270.300 Toledo 94.000 03.000 35,000 Detroit .... 7,000 12.000 24.000 Kansas City. 1.044.000 74.000 37,000 Peoria 94,000 08.000 110.000 Omaha .... 420.000 176,000 74,000 Indianapolis.. 39,000 71,000 100,000 Totals ...3,423.000 1.000,000 1.290.000 Year ago.. 3,743.000 936.000 1.051.000 Shipments Wheat. Corn. Oats. Sioux City 85.000 8.000 Chicago 327.000 512.000 169.000 Milwaukee .. 0.000 21,000 15.000 Minneapolis.. 162,000 14,000 166,000 Duluth .... 01,000 80.000 St. Louis ...,191.000 08,000 270.000 Toledo 1 2,000 Detroit .... ’ 2,000 4,000 Kansas City.. 571.000 68.000 3,000 Peoria 72,000 30.000 81.000 Omaha 217.000 73.000 38,000 Indianapolis... 18.000 3,000 8,0(8) Totals .. . 027,000 837,000 838.000 Y’ear ago. .1.789.000 937.000 315,000 Clearances Wheat. Corn. Cats New York... 75,000 60,000 40.000 Philadelphia.. 119,000 18,000 Baitimuro .. 17,000 77,000 Totals ... 211.000 151,000 46.000 Year ag0..4,190,000 43,000 30,000 CHICAGO HOGS RUN LOW Cattle and Sheep Show Weak Tendencies. By United Financial CHICAGO, Aug. 7.—Hog prices were unevenly 25 to 50 cents lower at the Chicago stockyards today. A few choice light weight hogs sold at $10.40, but the bulk of today’s run sold considerably lower. Receipts were 40,000, which was about equal to expectations, but the weakness of the market last week left traders uncertain and a little slow to buy. Total supply at the ten big markets, 115,000, compared with 102,000 last Monday. Fresh receipts of 19,000 cattle was a little heavier than anticipated and the market had a weak tone despite the good quality of the day’s run. Shippers were the buyers, the killers talcing more than 6,000 in direct shipments from other markets. Sheep prices were 25 to 50 cents lower. Receipts were 22,000 and the demand was slow from all sides of the market. The total supply of sheep at the ten big markets was 56,600, against 53,000 a week ago. CHICAGO PRODUCE By United Financial CHICAGO. Aug. 7.—Butter—Receipts, 11,733 tubs: creamery extra. 53 %":standard 32%e: firsts. 28%@32%c; packing stock, 23® 24c. Eggs—Receipts, 20,735 eases; current receipts. 19@19%c: ordinary firsts. 18 %c: firsts. 19@20%c; extras, 21 %@ 22c: checks, 12® 14c; dirties, 14@15e. Cheese twins new. 18%@19%c; daisies, 18c: young Americas. 18%@19c; longhorns. 19® 19%c: brick, 18@18%c. Live poultry turkeyß—2sc: chickene, 18c: spring broilers. 23®25%c: roosters, 14%o; geese. 14® 21c: ducks. 21c.

SWINE PRICES DBDPpPLY Cattle Hold Steady Despite High Receipts; Calves Decline. BANGS OF HOG ro.ICKS. Good Good Good Jnl> mixed. heavy. light. 31. $9.80- 9.90 $9.90-10.30 $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- 9.05 9.65-10.05 10.00-10.60 4. 9.40- 9.56 9.55-10.00 9.90-10.50 5. 9.40- 9.65 9.50- 9.85 9.90-10.50 7. 9.15- 9.40 9.40- 9.00 9.05-10.40 Hog prices fell off sharply today at the local livestock exchange, dropping 25c, with prospects of going still lower. Receipts were good for Monday, 6,000, with a stale supply of about 800. The top for best lights was about SIO.BO. With the largest receipts in months, I, the cattle section held steady for good grades, and weak for common grades. Best steers brought $10.15 @10.50. The calf market saw prices drop 50c, in sympathy with reports from eastern markets. Receipts, 600. The bulk of the calves were disposed of at [email protected], with a top of sll. Sheep and lambs held steady with 260 received. Best lambs brought $9 @l2. —I! ox* — 10 oto 150 lbs. average $9.75 010 00 Over 300 pounds 9.35® 9.05 150 to 300 pounds 10.00010.50 Best pigs under 140 lbs 9.50® 10.50 Roughs 0.75® 7.75 Top 10.00 Bulk of sales 990 @10.40 Stags 6.50® 7.00 —Ct tie •- 1 Few choice steers 10.15 @10.50 Prime corn-led steer. 1,000 to 1.300 lbs 8.65® 9.10 Good to choice steers, 1.000 1.300 lbs 8.15® 8.65 Good to choice steers. 1,000 to 1,200 ibs 7.50® 8.25 Good to choice steers, 1.000 to 1,100 lbs 7.26® 7.50 Common to medium steers, 800 to 1,000 lbs 8.60® 7.25 —Cows and Heifers— Few choice heifers 9.00® 9.50 Good ot choice hellers 8.25® 9.00 Medium heifers 7.750 8.26 Common to uedium heifers.. 0.50® 750 Good to choice cows 7 00® 8.25 Common to good cows 3.75 0 6.50 Canuers 2.50® 3.50 Cutlers 2.25® 3.25 —-Bulls - Fancy butcher bulls 6.25® 8.00 Good to choice butcher bulls. 4.50® 5.00 Bologna bulls 8.600 3.75 Light bologna bulls ..♦ 3.00® 3.25 Light common bulls 3.000 3.50 —Calves— Choice veals 1.0.00® 10.50 Good veals 9.00® 10.00 Medium veals B.oo® 9.00 Lightweight veals 0.50® 7.50 Heavyweight veals 6 00® 7.00 Common heavies 5.00® 0.25 Top 11.00 —Btuckers and Feeders— Good to choice steers under 800 lbs 6.25® 7.60 Medium cows 3.500 376 Good cows 4.00® 4.Si) Good heifers o.oo® 7.60 Medium to good heifers .... 4.50® 5.75 Milch cows and springers.. [email protected] —-Sheep and Lambs— Cull ewes 1.75® 2.50 Good to choice ewes ...... 2.50® 5.50 Bucks 2.75® 3.50 Ye&riings o.oo® 800 Springers 9 00® 12.00 Culls 3.25® 0.00 OTHER LIVESTOCK By (United Financial CHICAGO, Aug 7 —Hogs—Receipts. 40.000: market. 25®50c lower: top. $10.40: bulk of sales, $7.75010.15: heavy weight. $8 7509.75; medium weight. $9.25 @lO 15: lightweight, slo® 10.40: light lights. $9.75 010.25; heavy packing sows, s7@B: packing sow's, rough, $0.75 0 7.25: pigs. $9 @lO. Cattle—Receipts. 19,000; market, weak to lower: choice and prime. $10.25® 10.75; medium and good. $8.16010.25: common. $0.50 0 8.15: rood and choice, $9.250 10 50; common and medium. $6 40@ 9.26: butcher cattle and heifers. $5 25 09: cows. $4.10® 8.35: bulls. $3.70® 0.36. caners. cutters, cows and bolters. $3 @4 10. canner steers, $3,5005: veal calves, $9 75® 10.75: feeder steers. $5 4007.65: stooker steers. 4.75® 7.50: stockrr cows and heifers. $3.50 0 5.50. Sheep—Receipts. 22,090: market, slow, 25® 50c lower; lambs, $1150012.60: lambs, cull and common, sß® 11.25; yealing wethers, $8 25010 50: ewes, $3.500 7.65; cull to common ewes. $2 @4. CINCINNATI. Au*. 7. Hogs Receipts. 6,900: market. 25 0 30c lower, heavies. $9 50 0 10: mixed. $10.25: mediums and lights. $lO >0: ptgs. $10: roughs. $7: stags. $5.50 Cattle—Receipts, 2,400; market, good kind steady, others weak: bulls steady to 25c lower; calves. $10.60. Sheep and lambs, receipts. 2.400; market steady: ewes. s4'its choice lambs. $13.50; seconds. $6; culls. s4®s. PITTSBURGH. Aug. 7.—Hogs—Receipts. 9.000; market. 25c down: prime heavy hogs, s9@9 50. mediums. sll @11.25: heavy yorkers, $11011.5 5; light yorkors. sll® 11. pigs. $10.75® 11.16: roughs. $7 @7.25: stags. [email protected]:; heavy mixed, slo® 10.25. Caltie—Supply. 1.500; market, steady: choice, [email protected]; prime, $8 250 9.25: rood. $7.50® 8.50: tidy butchers. [email protected]; fair, [email protected]: common, $4.500 5.50 common to good fat bulls, $4 @5.50: common to rood fat cows, $2.60®5; heifers. $5 07.50; fresh cows and springers. S6O @93; veal calves. $11.50: heavy and thin calves, $4.50 0 8.50. Sheep and lambs—Supply. 4,000 head: market, steady: prime wethers. $0 7507.25; good mixed, s6® 0.75; fair mixed, $5 0 5.75; culls and common, sl@3; lambs, $12.50. KANSAS CITY, Aug. 7.—Hogs—Receipts, 12,000: market 2 up; bulk $9.60 @10.10; heavies, $9.2509.90: butchers, $9.60® 10.15: lights, slo® 10.20: pigs, $9.25010.50. Cattle—Receipts. 20,000; market, 25c lower; prime fed steers, $9.65 @10.10: plain to fair dressed beef steers. [email protected]: western steers, $4.76© 8.25; cow h, $2.25 0 6.75; heifers, s4@9: Stockers and fe<‘dcrs. $4 @8.25; bulls. $2,25 0 4.50: calves, $4.50 © 9.50. Sheep—Receipts. 5.000; market. 50c lower; lambs. $11.50012: yearlings. $8.25® 10.75: wethers. $6.2507.75: ewes. $4.7607; Stockers and feeders, $9.25© 11.50. EAST BUFFALO, Aug. 7.—Cattle—Receipts, 3.250; market, active: prime steer feeders, [email protected]: shipping steers, $8.50® 10,73: butcher grades, $7.5008.50: heifers. $5.50 @ H cows. $2.50@6 50: bulls. $3 75®5.70; milk cows and stringers, S2O @llO. Calves—Receipts, 2.300; market, active: cull to choice. s4® 12. Sheep and lambs—Receipts. 400: market. active; choice lambs. sl2© 12.75; cull to fair, so® 11.50: yearlings. s7® 10; sheep. [email protected]. Hogs—Receipts, 12.000: market, slqw; yorkers, $10.85011; pigs. $10.8t>@ll; mixed, $10.50©10.76: heavy, $10010.25; roughs. $2.5007.75; stags, $4.5005.90. EAST ST. LOUIS. Aug. 7.—Cattle—Receipts, 8,600: market, good cattle, steady, others lower: native beef steers, s9® 10: yearling steers and heifers, [email protected]; cows, $406.50: Stockers and feeders. $3.75® 6.90; calves. $4010.50: canners and cutters, $2.5003.75 Hogs—Receipts. 9,600; market, steady; roughs, $7.5008 75: lights, $10.25© 10.45; pigs. [email protected]; bulk, $10010.25. Sheep—Receipts, 4.000: market, lower; mutton ewes. $4®6.50; lambs. [email protected]; canners and choppers, $1.50 @B.

COTTONSEEt) OIL By United Financial NEW Y'ORK, Alls’. 7.—The cottonseed oil mark et was very weak and active for tho December delivery. Prices opened 18 to 19 points lower on December and generally bid prices oil the opening call were 18 to 19 points off, excepting September which was down 30 points, and August, 39 points. The selling was influenced in part by the reports of rains in Texas and also by reports of liquidation in the Western lard market which was down about 30 points. Considerable liquidation in December developed with trade active around Bc. For some tlrpe past the market has apparently been waiting on developments in the cotton crop to assure the large crop belief and the effect of the new crop prospect on the price of new crop crude. While very little has been done in new crop stuff tho trade appears to be fixing its thoughts on the value of new crop seed and oil. Opening Call. Noon Call. August [email protected] 10.00010.45 September ... 10.00010.20 [email protected] October 9.000 9.20 9.12© 9.17 November B.oo® 8.15 8.14® 8.15 December .... 8.000 8.03 8 00® 8.03 CLEVELAND PRODUCE By United Financial CLEVELAND, Aug. 7.—Butter—Extra in tubs, 40%©41e; prime. 41 % ©42c; firsts, 38%@39c; packing stocks, 23 @ 26c. Eggs —Fresh gathered Northern extras. 28e: extra firsts. 27c: Ohio, 22%c; Western firsts, new cases. 21 %c. Poultry—Live, heavy fowls. 24a: roosters, 15c; spring ducks, 20® 23c.

FORSAKES SCREEN FOR HOME LIFE

By KEA Service NEW ORLEANS, Aug. 7.—A lead role in the movies or a minor part at home. New Orleans’ most beautiful girl had to choose between the two. And she chose—the minor role! “For it’s real,” says the former Miss Edna Hanley, 18, who won a beauty contest here in which 700 were entered. Asa reward a movie company sent her a contract for a lead part in a big production. But she turned it down, rejected in-; numerable suitors, leading members ■

DOMINION IDADE EICES PROBLEM OP COAL SRPPLY

Canadian Miners Fall Under Same Strike Orders as Ones in United States. BY T. C. SHOTWELI.. (Copyright, 1922, by United Financial.) MONTREAL, Aug. 7.—Will Canada's industries freeze to death next winter because of the coal strike In the United States? That is the question being asked by alarmed manufacturers here. The Government established a fuel rationing board and is arranging for heaxT imports of coal from Wales, but that cannot save the situation unless the strike ends soon. Montreal trade represents onefourth of the trade of the entire Dominion and the proporition of coal usiness is even greater. As there is practically no coal in eastern Canada, it is conservative to say that more than half the manufacturing fuel comes from the United States. Because such a great percentage of this is usually handled by lake boat, the situation grows increasingly serious as the end of summer approaches. Even coal from Wales cannot be ! brought in during the winter, as the St. Lawrencf ports are icebound then. The railroads cannot handle all the coal that will be needed. Western Coal Unavailable Although Canada has coal in the weet. that dols no good, for the miners all belong to the same international union and are out under orders from the officers of the United States. No settlement is possible, for they will demand the same terms as the United States miners get. Petroleum has not been developed in sufficient volume to help, and the furnaces could not be qhanged from coal to oil. Canadians are wrought up to think their labor unions should thus be dominated by another country. Fully 800 manufacturing concerns in the United States' have established branches in Canada and they also are much concerned. Fnel Movement Afoot. One result will he a national movement to develop fuel in this country ; and also to develop water power which goes to waste by millions of horsepower in all sections. At least 5,000,. 000 horse-power could be made available in Quebec alone, in addition to the one million now being utilied. Tn the entire country at least 18,000,000 horse-power could be developed. Not 3,000,000 is in use now and the coal production of the entire country is but little more than 15,000,000 tons a year. Imports are more than 18,000,000 tons. It has been so easy to get fuel from the United States that Canada has neglected her own power resources. LIBERTIES OPEN LOWER Rail and Industrial Issues Hold Interest. By W. H. GRIMES United Financial Staff Correspondent. NEW YORK, Aug. 7.—The bond market opened firm, but not particularly active today and traders seemed waiting for a lead. Opening prices were not greatly changed from last week’s closing levels In any of the groups. Liberty bonds were off a few cents again. Opening Liberty prices: 3>4s, 100.94, off .02; first 4%5, 101.24; second 4%c, 100.52, off .02; third 4%5, 100.52, off .04: fourth 4%5, 101.26, off .04; Victory 4%5, called 100.50; Victory 4%5, 100.88. Atchison 4s were up % at 93% and M., K. & T. adjustment 5s were up % at 59%. The issues show signs of staying at the new levels attained recently if not going higher. New York Central 5s gained % point. In the industrials, American Sugar Refining 63 were up % and New England T. & T. were unchanged at 98.

EDNA HANLEY.

of the wealthy society set here, and married— A jockey. “I want a home and a husband of my own,” she says. “I would never feel that I had either if I became a movie star. No movie career for me, thank you. “My life, my heart and my soul are centered in my home. I’m here and I'm going to stay put. “For I love my husband. “Right now we are living in aparti ments in the various centers where my : hubby rides. But it won’t be long bei fore we settle down In a place of my i dreams.”

DRY GOODS MEN SEEPROSPERITY INNEAfi FUTURE

Think Timidity Will Slacken When Trade Adjustment Takds Place. By United Financial NEW YORK, Aug. 7.—The Journal of Commerce today publishes the result of a telegraphic survey of the dry goods business. The survey is made up of the opinions of leading dry -iods men throughout the country and it shows that they believe that prosperity for the trade Is “just around the corner.” In summing up results of the survey: “While business has been holding back for some time past, merchants believe conditions have so far improved that trade is going to be brisk. Timid trading has been the rule ever since the era of deflation started In. Not until prices have adjusted themselves to a stable basis will merchants be tempted to stock up their shelves as they have in times past.' This situation, according to the survey, is rapidly changing. It is especially evident in that the merchants are having little trouble with credits and are able today to obtain all the banking assistance they desire. Hundreds of buyers from dry goods houses were in New York today for the opening of the national merchandise fair. Basket Factory Closes. By Times Special WABASH, Ind., Aug. 7.—The Roann basket factory here has closed because of unsettled shipping conditions.

POLICE!

• ilf t .1 • m--. Hi H* . .' " "A \ :

This bathing beauty at Ligure, Italy, wears as scanty a costume as some of our fair water nymphs. Flowered silk gives a novel effect.

AUa 7, 1922

SOFT COAL NETS GAIN IN TONNAGE FOR UST WEEK' Geological Survey Records Slight Increase Over Former Period. HOOVER IS SATISFIED Says' Distributing Machinery Works Well; Governors - Promise Aid. By United Financial WASHINGTON, Aug. 7.—A slight increase in the output of bituminous coal has marked the eighteenth week (July 31 to Aug. 5) of the coal strike, according to the geological survey. Preliminary' returns Indicate a production of 4,250,000 tons of soft coal, against 3,933,0000 tons in the week before. 2 In spite of the increase in bituminous output, the eighteenth week finds production still about 1,100,000 tons short of the level reached before the shopmen’s strike. For the week ended June 24, 5,337,000 tons were raised. Hard Coal Output Slack. Production of anthracite in the eighteenth week will be barely 40,000 tons. The total output of all codl round numbers Is 4,280,00 tons. trend of production Is shown by the car loadings on Monday, July 31, which totaled 14,768 cars, according to the survey, an increase of 11 per cent over the preceding Monday. The following day, Tuesday, they dropped to 11,783 cars, but a part recovery was shown for Wednesday and Thursday, when more than 12,000 cars were loaded. Government coal distributing machinery is working well, Secretary Hoover anouncea. adding that aU State Governors have agreed to appoint local committees for supervising State distribution.

Demand Pressing Demand is becoming pressing everywhere, hut it is believed the so-called invisible stock Is larger than the public has been led to think. Some confusion was caused by roads which refused to haul household coal along with steam coal, as it was predicted, but arrangements have been made and it is now understood household coal approximating 12 per cent of the coal mined is now being moved. Youngstown dispatches today said the coal shortage is causing further curtailment of steel company operations in valleys. At the Farrel Penn works of the Carnegie Steel Company the company has suspended the entire steel making department. Youngstown Sheet and Tube Company has suspended the second blast furnace in the Bessemer department, No. 1 blooming mill and bar mill and the two open hearth furnaces, reducing operations of the wire roc® and conduit departments.

CURB TRADES LIFELESS Stutz Is One of Few Leaders Holding Advance. By W. H. GRIMES United Financial Staff Correspondent. NEW YORK, Aug. 7. —Conditions which slowed up other security markets also had its effect on the curb exchange today and the trading was about the most dull and lifeless seen this summer despite a broadening in the early afternoon when many of the Government issues which had not figured previously came into the dealing. Under the circumstances, it was not surprising that there should be little definite trend and the market closed irregular as it had been through the day. Gimbel Brothers common and preferred, anew stock, came into the trading. The common sold at 46% and the preferred at 102. Stutz was one stock which started at better levels and held some of its gains. It closed at 20 after selling above 21. Other motors were not particularly active although Peerless at one time sold down and then recovered. The oils were strong and most of them closed up fractionally. Phillip Morris at 20% was up % from yesterday’s close. BOND DEALINGS QUIET ( Advances In Some Issues Equal Losses of Others. Ttii IP. 11. GRIMES United Financial Staff Correspondent. NEW YORK, Aug. 7. —Bond prices on the average scarcely moved in either direction through five hours et quiet trading today. The day was one of the most humid and uncomfortable New York has had this summer and, added to the uncertainties of the strike situation, contributed to a light volume and restricted dealing. There were some good advances and there were a number of scattered fractional declines which meant nothing so far as the general day by day trend of the bond market is concerned. Many issues showed no change from yesterday’s closing. Atchison 4s wore off %. Chicago, Burlington and Quincy 5s were off V*. Erie general lien 4s off %, while both St. Louis and San Francisco prior 4s A., and income 6s were up %. Seaboard Airline 6s were off % and Southern Railway 4s were up %. TERSE MARKET NOTES By United Financial NEW YORK. Aug. 7.—Continued demand for automotive vehicles at this season indicates that the current year will be one of the largest In the history of business, according to Alvan Maeauley, president of the Packard Motor Company. “The recent price adjustments do not forerun general price war.’’ he says, 'but will be confined to companies whose prices were named early in the year before the trend of labor and material costs was fully understood and the effects of large production clearly apparent.” . By United Financial KANSAS CITY, Aug. 7.—Corn fields throghout Kansas and Nebraska are reported in fair to good condition and at least average yields are predicted in most important sections. By United Financial WASHINGTON. Aug. 7.—ln a letter to Senator McLean of the Senate Committee on banking and currency. Governor W. P. G. Harding of the Federal reserve board denies the insinuations made in speech on the floor of the Senate Saturday afternoon that lie had speculated In Atton and that the policies of the Federal reserve board had been influenced by his personal interests in speculation.