Indianapolis Times, Volume 35, Number 93, Indianapolis, Marion County, 28 August 1922 — Page 10

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STOCKS DISPLAY STRONG POWERS FOR RESISTANCE Speculators Interpret Ford Shutdown as Significant in Opposite Way. COAL AND STEEL LEADING Overselling of Rails During Second Hour Brings Sharp Price Reactions. Twenty active industrial stocks Saturday averaged 100.05, up .23 per cent; twenty active rails averaged 91.54, off .22 per cent. By Vnited Financial NEW YORK, Aug. 28.—The Wall Street Journal today says; Price movements once more proved completly disconcerting to traders who expected adverse developments to have a depressing effect. Industrial curtailments on a widespread scale might readily have been pictured by the financial imagination as a result of the stimulus furnished by Ford's proposal to suspend production Sept. 16. owing to coal scarcity. The speculative community, however, was more inclined to stress the constructive side of his action which directed attention to the way orders are running ahead of production. Attention was also directed to the booming price conditions in basic commodities like coal and steel. Professional operators took advantage of the situation to launch a selling movement throughout the list, but flocks, both in the rail and industrial group, displayed aggressive powers of resistance. The recessions of one to three points were forced by speculative leaders like Baldwin, Mexican Petroleum, Studebaker and Steel common. At no time, however, was there any appearance of serious weakness. Fundamental changes of the kind given advertisement by Henry Ford were too bullish for the trading contingent to take the opportunities of accumulating stocks at concessions. At the opening, speculative leaders like Studebaker, Baldwin and Steel common showed only fractional recessions. Buoyancy continued to characterize specialties like American Tobacco and North American. Consolidated Gas at 140 was at the peak of its remarkable rise on the expectation of capital readjustment. Professionals centered an attack on the motor in an effort to unsettle the general list in the first hour. Fresh forward swings were started in Coca Cola and Industrial Alcohol. Steel stocks were in demand following publication of the Pittsburgh dispatch which predicted normal production >n the steel trade within a month. American Tobacco reached anew 1922 high at 159. Considerable selling of rails unsettled the whole market in the second hour. Northern Pacific, Reading, Union Pacific, Great Northern preferred and St. Paul issues appeared to be under special pressure which proved disconcerting to operations for a rise in the industrial group.

LOCAL BANK CLEARINGS Indianapolis bank clearings Monday were $2,355,000; bank debits were $4,732,000. NEW YORKtImE MONEY Bj United Financial NEW YORK. Aug. 28.—Time money loans made at 4 per cent for thirty days: 4 % per cent for sixty and ninety and 4 % per cent for six months. Renewals same rates. Prime commercial paper discounts, 4 and 4% per cent. FOREIGN EXCHANGE By United Financial NEW YORK. Aug. 28.—Foreign exchange opened irreguiar. Sterling, demand. $4.46% : cables, $4 40%. Fresh demand. .0709 %c; cables. .0770 c. up .001 j%c. Lire, demand. .0439 %c: cables, ,0440 c, up .0009 c. Belgian. .0720%; cables. .0721. up .0009 c. Marks, demand, .0006 %c. up .0001 %c. Drachma, demand. .0320: cables, .0325 c. Guilders, demand. .3895 c: cables. .3898 c, off .0009 c. Swiss, demand. .1904 c: cables, ,1906 c. off .0001 c. Pesetas, demand, ,1550 c: cables, ,1552 c, off .0003 c. Swede, demand. .2653; cables. .2657 c. off 0011 c. Norway, demand. .1706 c; cables. .1710 c. off .0013. Dane, demand, .2151 c; cables. .2155. off .0005. MOTOR SECURITIES (By Thomson & McKinnon) —Aug. 28— —Closing— Bid. Ask. Earl Motors 2 2% Col. Motors 3% 4 Packard, com 14% 14% Packard, pfd 87 89 Peerless 60 61 Continental Motors, com .... 8 8 % Continental Motors, pld .94 99 Hupp, com . 18 18% Hupp, pfd ....104 110 Keo Motor Car 13% 14% Elgin Mootrs 1% 2% Grant Motors % % Ford of Canada 378 383 National Motors 2 3 Federid Truck 18% 20% Paige Motors 19 21 Republic Truck 33% ACTIVE OIL STOCKS (By Thomson & McKinnon) —Amr. 28— —Closing— Bid. Ask. Angrlo-American Oil 20 20 Mi Atlantic Ueflnin*, Ldfcios .... 10 11 Borne-Scry mser 390 410 Buckeye Pipe Line 90 100 Ch**sebroug;h Mfp. Con 185 195 Continental Oil. Colorado ...... 135 145 Cosden Oil and Gas 5 11 Crescent Pipe Line 33 *33 Cumberland Pipe Lina 135 145 Elk Basin Pete 10% 105i Eureka Pipe Line 93 90 Ga!t*na-Siflrnal OH. pfd 100 105 Galena-Sismal Oil, com 51 53 Illinois Pipe Line 105 175 Indiana Pipe Line 93 96 Merritt OH 8% 9% Midwest Oil 2 2 94 Midwest Rfsr 200 National Transit . .mm 26 27 NVw York Transit 160 170 Northern Pipe Line 100 103 Ohio Oil 280 285 Penn.-Mex 25 30 Prairie Oil and Gas 600 610 prairie Pipe Line 260 265 fcapulpa Ref? Solar Refining 1 330 345 Southern Pipe Line 93 96 South Penn Oil -...210 220 Southwest Penn Pipe Lines. . 61 63 Standard Oil Cos. of Ind 113 113 H Standard Oil Cos. of Kan.... 5.30 5.50 Standard Oil Cos. of Ky 100 V 4 100% Standard Oil Cos. of Neb 175 185 Standard Oil Cos. of N. Y 442 445 Standard Oil Cos. of 0hi0....450 470 Swan & Finch 32 36 vacuum Oil --.400 480 Washington Oil 22 28 BOSTON WOOL MARKET By United Financial BOSTON, Aug. 28. —Worsted mills continue the principal wool buyers with not much interest shown by the woolen mills. The former are buying domestic* which continue to sell quite well. Prices have *hon slight change in the last few days n<l three-eights bloods are still quoted at 60'd 96c and quarter bloods 75080 c: prime and medium staple are holding around $1.3001.35. Ohio wools are showing but slight change. Eastern buyers have been picking up moderate amounts. Some effort to bring in foreign wools before the {•riff goes into effect Is expected.

New York Stocks CBy Thomson A McKinnon) —Aug. 28—

Railroads— I'my. High. Lew. Closs. close. Atchison ...103.14 10214 102% 103 Atl Coast L. 116% 115% 115% 117 B & O 57% 56% 57% 68 Can Pacific .145% 144% 144% 145 C& C 75% 75% 76% ... C 4 S W Rj 88 80% 87 88% C R I 4 P.. 44% 43% 44% 44% C & Gt W pfd 22 22 22 21 % Del & Lack. 132 131 131 132 Erie 17% 17 17 17% Erie Ist pfd. 25% 26% 25% 20% Gt North pfd 93% 82% 92% 93 111 Central. .108% 108% 108% 109% K C South.. 20 24% 24% ... Lehigh Val.. 07% 07% 07% 68% L&N 130 136 130 Mo Pacific.. 23% 23 23 23% Mo Pac pfd . 59% 68% 68% 69% N T Central. . 98% 97 97% 98% SW NH & H 31% 30% 31% 31% North Pao ..87% 86% 87% 88% Nor & West.ll7 110 117 117% Pennsy 46% 4040% 40% Reading 78% 77% 77% 78% So Ry 26% 20 20% 26% So Pacific .. 93Z 93% 93% 93% St Paul 84% .32% 83% 34% St Paul pfd. 52% 61 51% 63 St L & SW 33 33 33 St L & S F Ry 30 % 30% 30% 31 Tex & Pac.. 32% 32 32 32% Union Pao .149 147% 148% 149% Wabash 13 12% 12% 13% Wabash pfd . 33% 33% 33% 34% West Pac... 20 19% 20 20% Pgh & W Va 39% 39% 39% 39% Rubbers— Ajax Rubber 11% 11% 11% 11% Fisk Rubber.. 12% 12% 1% 12% Lee Tire ... 26 % 26 % 20 % Keystn TAR 8% 8% 8% 8% U S Rubber 57% 60% 60% 57% Equipments— Amer C A F.185 182 182 Amer Loco . .118% 117% 118% 118% Bald Loco. .125% 123% 124% 120 Gen Elec ..184 184 184 Lima Loco ..62% 60% 01% 61% Am Stl Fdy. 41% 40% 40% 42 Pullman 125% 123% 125 125% Ry Stl Spgs.llo% 110% 110% 112% West Eleo. .. 63% 02% 62% 63% Steels— Beth "A”... 77 77 77 Beth "B" ... 78% 77% 77% 78 Colo Fuel ..31% 31% 31% ... Crucible 94% 92% 93% 93% Gulf States.. 84 83% 83% 83% Lacka 80 79% 79% 80% Midvale 35 34% 34% 35% Qfis 11% 11% 11% 11% Replogle ... 33 32 % 33 33 Rep I A S.. 73 72 72 73% U S Steel ..104% 103% 103% 105 ' U S Steel pfd. 121 % 120% 121 ... Vanadium .. £2% 50% 51% 52% Moton*— Chand Mot .. 60 59 % 60 60 % Gen Motors . 13% 13% 13% 14 Hupp Mot .. 17% 17% 17% ... Hudson Mot.. 21% 20% 21 21% Max Mot "A” 67% 67 67 ... ' Max Mot "B" 19 18% 19 Mack Motors 55% 55% 55% 55% Martin Perry 31% 29% 29% .... Pierce-Arrow. 11% 11% 11 u 12'' Studebaker ..128% 127% 127% 129% Stromberg .. 55 % 54 % 54 % 55 Stewart-W.... 47 % 47 47 % 46 % Wil lr °ver.. . 7 6% 0% 0% Minings— Butte Super.. 30 30 30 30% Dome Mines.. 37 36% 30% 37% Tnt. Nickel.. 17% 17% 17% 17% Tex. G. A Sul 49 % 49 % 49 % Coppers— Am. Smelting 63% 62% 63% 64 Anaconda ... 54% 54 54% 55% Chile Copper. 23 22 22% 23% Inspiration .. 41 % 41 41 41 %

BONDS SAG SLIGHTLY Drops as High as One Point Uncommon Enough to Attract. By IF. IT. GRIMES United Financial Staff Correspondent NEW YORK, Aug. 28.—With a few notable exceptions, both the industrial and railroad bonds showed an inclination to sag off, although drops of as much as a point werte uncommon enough to attract attention. The International and Great Northern 6s at 54% to 53% were off from Saturday’s closing. The Missouri, Kansas & Texas adjustment 5s were dowr; to 62%. Among the better class of rails Northern Pacific 6s, Pennsylvania 5s of 1968 and others sold down by fractions of a point. Sugar bonds were a strong point among the industrials, the majority of which did little or nothing for the day. The local tractions held firm and Nassau Electric 4s reached 86 after opening at 84. French 8s went below par and the 7%s dropped steadily until they were only a fraction above 95. Among the other foreign government issues the British 5%s were off only fractionally. Liberty bonds were particularly light arid price ranges were very narrow, at about the levels that prevailed the latter part of last week. CHICAGO HOGS IMPROVE Cattle Hold S4rong With Sheep Steady to Lower. By United Financial CHICAGO, Aug. 2S.—Hogs were strong to 15c higher at the Chicago stock yards today. Demand was active and best lights sold freely at higher quotations. Fresh supply, 34,000, compared with 32,000 last Monday. Only 4,000 were held over, which helped the local traders. About 1,000 were forwarded from other markets to the big packers. Total supply for the ten big markets was 95.500, compared with 91.000 for last Monday. Cattle receipts were 17,0u0. Prices steady to strong. Best fed steers were in good demand. Receipts today included 3,000 range cattle. The total supply for the ten big markets was 94,500, compared with 86,700 a week ago. Sheep receipts were 24.000, with prices steady to 25c lower. Best lambs held steady. Total supply for the ten leading markets was 71,000. IN THE COTTON MARKET Bsf United Financial NEW YORK, Aug\ 28.—Cotton openpd stead}-, off .. to 12 points, reflecting circulation of geveral competitively high private conditions reports and unsettled outside conditions. Renewed liquidation and Southern selling was absorbed by Wall Street trade and Liverpool. The market was quiet in the forenoon, but steadier selling. 35 to 39 points higher on trade and Liverpool buying, on the low average of private condition figures and optimism for the early anthracite strike settlement. Open. High. Low. Close. January .. 21.80 22.29 21.86 22.22 March 21.99 22.39 21 94 22 77 May 21.91 22.23 21.90 22.19 October 21.84 22.32 21.84 22 28 December 21.92 22.43 21.92 22.38 By United Financial NEW ORLEANS, Aug. 23.—Strong cables from Liverpool and lower temperatures in Texas and Oklahoma caused the cotton market to recover slightly at the opening today. During the first two hours of trading the market developed a bullish tone on prices. Jumping from 29 to 38 points from the opening. The market closed steady. High. Low. Close. October 22.00 21.43 21.88 December 21.95 21.47 21.91 January 21.87 21.44 21.85 March 21.85 21 45 21.83 Spots 21.75, unchanged. By United Financial LIVERPOOL, Aug 28.—Spot cotton quiet. Prices steady. Sales 6,000 hales: receipts 14.000 Including 1,200 American. Futures opened steady: Open. High. Low. 12:30. October 12.70 12.70 12.60 12.66 December 12.43 12.44 12.43 12.44 January 12.36 12.39 12.34 17.38 March 12.28 12.30 12.28 12.30 May 12.16 12.21 12.10 12.19 The market closed steady. NEW YORK CALL MONEY NEW YORK. Aug. 28.—Money—Call money ruled 3% per cent% high. 4 per cent: low. 3% per cent. Time rates, quiet, all 404% per cent. Time mercantile paper. quiet. Sterling exchange was steady with business in bankers’ bills at 4.45 c lor demand.

Prer. High. Low. Close, close. Kenneeott .. 37 % 36 % 30 % 37 % Miami 30% 29% 29% 30 Nev. Cons 17% 17 17 17% Utah Copper. 08% 07% 67% 68% Mother Lode. 11% 11 11% 11% U. S. Smelt.. 42% 42% 42% Oils— Cal. Petrol.... 0.1% 60 00 61 % Cosden 47% 46 47 47% Houston Oil.. 79 78 79 79 Invincible Oil 14% 14% 14% 14% Mex. Petr01...183% 178% 180% 181% Mid. S. Oil. .. 13% 13% 13% 13% Mex. S. 8.... 22% 19 21% 19% Pan-A. Petrol 79% 77% 78% 79% Pacific 0i1... 56% 66 66% 60% Pierce Oil 7% 7% 7% .... Pro. and Pef. 44 42 42 % .... Pure Oil 32% 32 32 32% Royal Dutch. 55% 54% 55% 54% 9. OH of Cal. 108% 107% 108% 108% 8. Oil of N. J. 182 182 182 183 Sinclair 33 32% 32% 32% Texas Cos. . . 48 Vi 47 % 47 % 48 Tex. C. A Oil 25% 25% 25% 25% T. Oil.. 14% 13% 14% 14% Union Oil .. 19% 19% 19% 19% White Oil .. . 8 % 8 % 8 % Industrials— Ailed Chern. . 83 81 % 82 % 82 % Ad. Rumely. . 20 20 20 .... Allis-Chaimers 53% 57% 67% 68% Am. Can 00% 59% 69% 60% Am. H. A L.. 14% 14% 14% Am. H. A L. p 74% 74% 74% Am. Ice 111 111 111 111 Am. Woolen.. 93% 92% 93 93% Cen. Leather 42% 41% 41% 41% Coca-Cola . . 74 % 71 % 72 72 Comp. & T... 68% 68% 08% .... Cluett A P.. . 63% 02 % 63 03% Cont. Can .. 83 % 82 % 82 % 83 % Endicott-J.. .. 85% 84 % 84% 80% lam. Players. 92% 90% 91% 02 Gen. Asphalt 08% 66% 07% 07% Inter. Paper. 57% 66% 67 67 inter. Har.. 109% 108% 108% 110 Loews 19% -8% 18% 18% May Stores ...125 ' 125 125 .... Mont. A W.. 23% 22% 23 23% Nat. Enamel... 68 68 58 69% Pitts. Coal . . 65 65 65 Sears-Roebuek 89 % 88 % 89 % 89 % United Drug.. 80 80 80 80 U. S. R. 5... 75% 73% 75 75 U. 8. C. I. P. 37% 36% 37% 36% U. 8. In. Ale. 07% 05% 05% 60% Worth. Pump 43% 42 % 42% 43 Utilities— Am. T. A T. 123 % 122% 123% 123 Brk R Tran. 25% 24% 24% Consol Ga5..140 136% 130 138 Colum Gas. 102% 101% 102% 102% People's Gas 04% 92% 93% 92 West Union. 118% 116% 110% 110% Shipping— Am. Int. Cor. 35 34 35 24 % Am. S. A C.. 16 16 10 16 Atl. Gulf 30% 29% 30% 30 In M. M 15% 14% 14% 14% In. M. M. pf. 59 67% 67% 68% Foods— Am. Sugar.. 83% 82% 83% 82% Am. Beet Sg. 40% 46% 46% 47% Austin Nieh. 30 % 29 % 29 % 30 % Am. Cot. Oil. 27% 27% 27% 27% Corn Pr0d...118% 116% 116% 117% 1 Cub. Cane S. 13% 13% 13% Cub. Am. Sg. 25% 24% 25% 25% Tobaccos— Am. 5nuff...145% 145 145 I Am. Tob. Cos 160 157% 159 155 IR. J. Reyn. 853 % 52% 63 63% Tob. Prod... 85 84% 84% 85% Miscellaneous Stocks — Alaska J.... 1% 1% 1% Am. Rad... 112% 112% 112% Laclede Gas. 94% 92% 83% Dav. Chem.. 51% 60% 60% 62% i Elec. S. Bat. 47% 46% 47% 47% Pe.-e Marquet 38% 37% 38 37% Gen. Cigars. 78 78 78 Skelly 0i1... 10% 10% 10% 10 St. Oil 1nd..112% 111% 112%

CURB TRADING DULL Fractional Declines in Oils Are Outstanding Features. By ir. 11. GRIMES United Financial Staff Correspondent NEW YORK, Aug. 28.—There was much to be bearish about and little to be bullish about, according to the views of curb traders today. The curb went through a day of rather sluggish trading with prices gradually easing off and then, in some cases, rallying slightly. The outstanding feature was the fractional declines in many of the oils. These declines have not been sufficient to bring them back to the levels at which they started the upward movement. Standard Oil of Kentucky was a feature, rising to 104% and ending the lay only slightly below that figure. Standard of Indiana /ind Mutual were off fractionally. Cities Service and Salt Creek producers also reacted during the day. Among the industrials, two coal stocks. Acme and Zun Coal and Iron, were active and higher. Hayes Wheel was also active and steady. Radio, which held consistently above 5 the latter part of last week, got down to 4%. Phillip Morris, closing at 19, was off %. Stutz Motors was comparatively inactive and there was not a sale recorded after noon, when the price was 20%. off 1%. INDIANAPOLIS STOCKS —Anc. 28Stocks Bid. Ask. Ind Ry A Light com 67 ... Ind Ry A Light pld 84 % 89 % Indpls. St. Ry 63 ... Indpls N W pfd 45 Indpie A S E pfd 00 T H T A L pin 76 T H I A E com 1 4 T H 1 A E nfd 4 10 U T of Inn com 3 U. T. of Ind. Ist pfd. .. .10 ... U T of Ind 2d pfd 1 4 Advaneed-Rumely pfd 67 ... Advance-Rnmely com ... Am Creosotlng pia 97 ... •Belt R. R. com 62% 57% •Belt R K pfd 61 Century Blag Cos pfd 04 % ... Citizens Gas Cos 21% 24% City Service com 194 197 City Service pfd 67% 70 American Central Life 1n5...200 ... Dodge Mfg Cos ... Home Brewing 40 ... Ind Hotel com 88 ... •Ind Hotel Cos pfd 99 ... Ind Nati Life Ins Cos 2 ... •Ind Title Guarantee 50 ... Ind. Pipe Lines 92 08 Indpls Abattoir pfd 45 49 •Indpie Gae 47% 62 Indpie Tel pfd 90 ... Indpls Tel com 1 ... Mer Pub Util pfd 62 ... Kauh Fertilizer Cos 49 ... Natl Motor Car Cos 1% 3% Pub Sayings Ins Cos 8 % ... Standard OU of Indiana 112% 115 Sterling Fire Insurance Cos ... Van Camp Hdw pfd 90 ... Van Camp Prod, let pfd.... 97 101 Van Camp Prod 2d pfd 101 Vandalia Coal Cos com 1 3 Vandalia Coal Cos pfd 7 12 Wabash Ry pfd .. 32% 34% W abash Ry com 12 % 14 Bonds Broad Ripple 6s 01 % ... Cittzens St R R 6s 84 87% Indian Creek Coal A Min. 6s. .. 100 Ind Coke and Gas 5s Indpls CAS 5s 82% ... Indpls A Martinsville 55.... 59 ... Indpls Northern 5s 40% ... Indpls St Ry 4s 04 % 68 Indpls A N W 5s 55% 81 Indpls A S E 6s 40 ... Indpls Shelby A S E ss. ... 05 ... T H. I. A E. 6s 65 Citizens Gas 87 89 Indpls Gas 5s 87% 90 Kokomo M A W 6s 88% 91 Ind Hotel Cos 0s 100 Indpls Water 5s 90% 100 Indpls. Water 4%s 81% ... Indpls. T. A T. 5s 84 88 Indpls L A H 5s 82% 94% U. T. of Ind. 0s 00 04 Mer H A L 6s 90% ... New Tel L D 5s 97 ... New Tel Ist 8s 97 ... South Ind Power 0s 87 92 Bond sales. Indianapolis Street Railway 4s, CLEVELAND PRODUCE By United Financial CLEVELAND. Aug. 28.—Butter—Extra in tubs, 40% @4lc; prints. 41% 042 c; firsts, 38% 0 39c; packing stock. 23025 c. Eggs—Fresh gathered northern extras, 31c; extra firsts. 29e; Ohios, 25e: western firsts, rew cases, 23c. Poultry—Live, heavy fowls. 22c; roosters, 14015 c; spring ducks, 20 0 22c. INDIANAPOLIS PRODUCE Fresh eggs, candled. 23c; packing stock butter, 20c: fowl, 4% lbs. up, 21c: fowl under 4 % lbs. 17c; springs. 2 lbs under, 24c: springs, over 2 lbs.. 21c: cox and slags lie; young tom turkeys. 12 lbs. and up. 25c. young hen turkeys. 8 lbs. and up. 25c; old tom turkeys. 20c: cull, thin lurks not wanted; dux. 4 lbs and up. 15c: goese. JO lb*, up, 12c. squab*. 11 lb*. 13 do*, la.

THE INDIANAPOLIS TIMES

LIGHT PORKERS HILO INTEREST IN m HIT Price Advances Average 10c — Cattle, Sheep and Lambs Remain Steady. RANGE OF HOG TRICES Good Good Good Aug. mixed. heavy. light. 19 87.75- 8.00 JS.OO- 8.25 58.25- 9.86 21. 7.60- 7.90 7.90- 8.15 8.15- 9.60 22. 7.50- 7 80 7.80- 8.00 8.00- 9.40 23. 7.40- 7.70 7.70- 7 90 7.90- 9.30 24. 7.50- 7.80 7.80- 8.00 8.00- 9.40 25. 7.65- 8.00 8.00- 8.20 8.20- 9.55 28. 7.05- 8.00 8.00- 8.20 8.20- 9.55 General buying by both local packers and shipping interests forced prices 10 cents higher on light hogs today at the local livestock exchange, with receipts a trifle above usual for Monday's market at 6,000. The quality of the hogs was not up to the average, which had Its effect in boosting quotations on the better grades. The top was $9.85. In the cattle section prices were unchanged, though the market for steers was strong, with the average quality much under the usual. Sellers of the poorer varieties experienced difficulty in disposing of their stock because of the large proportion of poor grades in the market. Best steers brought [email protected]. Receipts, 1,300. In the calf alleys prices rose 25 cents in spots, with competition keen. The top i-emained at sl3, however. Receipts were 600. Sheep and lambs held at last week’s levels with 500 received. The lamb top was sl2. —Hog*— 100 to 150 lbs average 5 8.200 8 40 Over 300 pounds 7.900 8.20 160 to 300 pounds 8.400 9.55 Best pigs ur.der 140 Its 7.90® 8.30 Ton 9.65 Bulk of sales 8.200 0.65 Stags 6.00® 6.25 —TattleFew choice steers 9.50010.25 Prime corn-fed steers, 1,00 to 1.300 lbs 8.50® 0.50 Good to cholco steers, 1,000 1.300 lbs 7.500 8.00 Good to choice steers, 1.000 to 1,200 lbs 6.75 0 7.50 Good to choice ateers, 1,000 to 1,100 lbs 6.50 0 7.00 Common to medium steers. 800 to 1,000 lbs 5.50 0 0.50 | —Tows and Heifers—Few choice heifers 7 50® 8 25 1 Good to choice heifers 7.25 0 7.50 ! Medium heifers 0.500 7.00 Common to medium heifers. . 5.600 6.50 1 Good to choice mwj 6.50 0 7.00 ; Common to good cows. .... 3.000 5 50, Canners 2.25® 3.25 Cutters 2.00*3 3.00 i —Bulls— Fancy butcher bulls 5.000 5.75 j Good to choice butcher bulla. 4.25® 4.75 I Bologna bulls 3 00® 3 50 Light bologna bulls 3 000 3.35! Light common bulls 3.00® 3.50 j —Calves— Choice veals 11 00012.50 Good veals 10.00® 11.00 i Medium veals 9 00® 10.00 Lightweight veals 7.50 0 8,.>0 Heavyweight veals 7.00 0 8 00 Common heavies 6.00® 7.50 Top 13 00 —-fitoeWers and Feeders— Good to cholco steers under 800 lbs 6.25 ® 7 50 Medium cows 3.250 350 Good cows 3.76® 4.60 Good heifers 5.50® 700 Medium to good heifers 4 250 5.50 Milch cows and springers.... 35.00 ® 85.00 ; —Sheep and Lambs— Culls ewes 2 00® 2.75 j Good to choice ewes 2.75® 5 60 Bucks 3 00® 3.50 { Yearlings o.oo® S 00 j Springers 10.500 12 00 , Culls 3.50® 0.00

OTHER LIVESTOCK Ry Vnited Financial CHICAGO. Aup. 28.—Host* —Rcuointa. 4,000; market, at rung to 15c up. top. 89.85; bulk of sal est. heavy weight. 57.90<i59.33: medium weight, $8.000.70; light weight. $9.50 0035. light light*. $8.90 00.70; heavy packing sows, $0.7041 7.,50; packing hows, rough. $6.25 6.85; pigs. $7.50 ii 8.75. Cattle—Receipt*. 17. 000; market. Nteady to strong; choice and prime, common. $6.25428; good and choice. \ $H.754i 10.40: common and medium. 8.75: butcher rattle and heifers. $4,85 4* 9; cow*. $3.65®8; build. $3.9042 6.50; ran-{ Her*, cutter* 8.7.3; canner steers. $3.754X4.60; veal calves. $ 10.251150; feeder steers, $5,504* 8; stocker* steer*. $4 75 <.7.50; Stocker cows and heifers. $2.50 (ft 5.50. Sheep— Receipts. 24.000; market, steady to 25c lower; lambs. $124413.10; lamb*, cull and common, $8.504i12; Yearling wethers. $8.75 4012.75; ewea. $3.60 4£ 7.65; cull to common ewes. $2 fa 4. CINCINNATI. Aug. 28. —Cattle—Receipts. 2,500; market, strong; shippers, s7r 4 £ 9. Calves—Market, steady; extras. $116*12 Hogs—Receipts, 5.800; market, steady, 10c up. good to choice packers. $9.760.85. Sheep—Receipts. 2.000; market, steady; extras. $4 44 0. Lambs—Market, steady; fair to good. sl34s 13.50. LAST ST. LOUIS. Aug. 28.—Cattle—Receipts. 6,000; market, steady, 2.5 c up; native beef steers. $6,504*8.50; yearlings and heifers, $6,504*8.50: cows. $4 4*5.25; can-nc-rs and cutter*. $2,254*3; calves. $lO 4* 10 50; stockers and feeders. $5 426.50. Hogs fieceipts, 8,000: market, active. 154t25e up; heavy, $8.85419.60; medium. $9.40 41 9.90; light. $9.404t9.90; light lights, s9 (s 9.00; packing sow*. $6,504?. 7; pig*. 9; bulk, $8,054*9.25. Sheep— Receipts. 3,000: market, slow, 26 <Q 50c lower; ewes. s3'•<; canners and cutters, 50c4* $2.50; wool lambs, $11,504* 12.25. EAST BUFFALO. Aug. 28 —Cattle— Receipts, 2.87.5; market, slow; feeders, $4.50; shipping steers, $8.50 9.25; butcher grade*. SB4/ 9; heifers $3,504*8: cows $2,50 4* 0-25; bulls, $3 4( 5.50; milch cows and stringer*. S2O 4/, 110. Calves—Receipts, 1.500; market*, active: cull to choice, S44H 14. Sheep and lamb—Receipt*. 8,000: markets. active: choice lamb*. sl3 4*13.75: cull to fair. $7 4*12.50: yearling*. $?4£10: sheep, $34*8.25. Hogs—Receipts, 11,200; market, slow; yorkers. $lO 4*10.10; pigs, $8,75 4* 9.25: mixed. $9.754$ 10; heavy. $9 4*0.75; roughs, $7 4*7.25; stags, $4 4/ 4.50. KANSAS CITY. Aug. 28.—Hog*—Receipts, 8,000; market. 10c up: bulk, $8,604?.' 9.10; heavies. $8.10<®8.85; butchers. $8.7.3 4*9.15: lights. $8.85 6?0.20: pig*. $8 4*8.75. Cattle—Receipts, 2.800; market. weak; prime fed steers, $7,504*10.50: plain to fair dressed beef steers. $04*0.50; western steers. $5,50 4/ 9.25; southern steers, $3.258.25; cow's. $2.25 di 0.50: h/ifers, $3,754*9: /dockers and feeders. s44*B; bulls. $2.254*4.73; calve*. $54*10.25. Sheep—Receipts. 0,000; market, steady: lamb*, $12(0)13.25; yearliiig*, $9 25 4*10.50; wethers, $6,504*7.60; ewes. $4,50 4*7.25; Stockers and feeders. $9,504* 12.50. PITTSBURGH. Aug. 28.—Hogs—Receipts, 6.000; market. 25 to 30c up; prime heavy hogs. $96*9.50: mediums, $10.30® 10.45; heavy yorkers, $lO 304*10.45; light yorkers. $9.50® 10; pigs, $8.75; roughs, $7 4*B; stags. $3,50 4*4; heavy mixed, $9.75® 10.20. Cattle—Supply. 2.000; market, steady: choice, s96* 1C.35; prime, s7.so (qj 9.75; good, $8.25®8.75: tidy butchers, sß® 8.75; fair. $7 6*7.50: common. ss®7; common to good fat bulls, $2,604*0; common to pood fnt. cows, $4 6*5.50; heifers. $6 75® 7.50; fresh cows and springers, $504*95; real calves, sl3; heavy and thin calves. $5 4*o. Sheep and lambs—Supply. 4.000 head; market, steady: prime wethers, $7 4*7.50: good mixed, $6.26 @6.75: fair mixed, $5.25 4t: <rulls and common, sl4*3; lambs, $13.50. WOMEN WITH BANDITS Look oil While Thieves Hold Up Auto Driving in Park. MINEOLA, L. I.—Joseph Timinini, a halter, reported that he had been held up and robbed of SIBO while driving an automobile with a friend near Central Park. L. I. Timinini said that the robbers blocked the road with their car. In which there were four men and two women, and two of the men jumped out with blackjacks, took his wallet from him, jumped back into the car and sped off. Timinini gave the police Uie number of Utie hold-up aax.

CORN AND WHEAT BULLETIN For the twenty-four hours ending at 7 a. m„ Monday. Aug. 28. 1922. TemperS ature -o °o- eS„ ’S Il.a -I Iff a|s n * n in x x c. ola South Bend .... 79 55 01 Good Angola 76 52 0 Good Ft. Wayno 74 58 0 Wheatfleld 87 49 0 Good Royal Center ... 78 50 0 Good Marion 77 51 0 Good Lafayette 79 50 0 Good Farmland 79 49 0 Good Indianapolis .... 76 58 0.33 Good Cambridge City.-I 78 149 0 | Fair Terre Haute 80 I 58 0 j Bloomington . 84 47 0 I Good Columbus 82 I 48 O | Good Vincennes 84 i 55 0 I Good Paoli 81 ! 51 0 ! Good Evansville 83 I 04 0 : jnTTARMINGTON, Meteorologist, Weather Bureau. COHN AND OATS PRICES LOWER; WHEAT CHINE Chicago Grain Receipts and Heavy Selling Cause Late Reactions. By United Financial CHICAGO. Aug. 2S.—Wheat prices were higher whijo oats and corn closed irregular on the Chicago Board of Trade today. Prices rallied on an advance in the Liverpool market. Free selling of corn developed on the advances, however, causing a reaction. While receipts of wheat were heavy, traders believed that many farmers were holding back their crop for higher prices. Reports from the Southwest showed a falling off in deliveries. Corn advanced at the opening, in sympathy with wheat, but heavy selling caused prices to close lower than the opening. Oats showed Jittle independent strength, moving generally in sympathy with corn and wheat. Prices were irregular at the close. There was some buying of oats for export.

CHICAGO GRAIN TABLE —Aug. 28— By United Financial WHEAT— Open. High. Low. Close. Sept... 1.03 1 03% 1.02% 1.03% Dee 104% 104% 1.03% 1.04% i May... 1.00 1.00% 1.08% 109% CORN— Sept... .00% .61% .00 .60% Dee.... .65% .50 .64% .55% May... .59 % .59% .58% .58% OATS— Sept... .31% .32% .31% .32 % j Dec 34 .34% .33% .33% ! May . . .37% .37% .37% .37% LARD— Sept... 10 37 10 37 10 32 10.32 Oct 10.45 10.47 10.40 10.40 RIBS—•Sept 4 9.03 •Oct 9 43 RYE— Sept... .69% .09% .08% .68% Dec 72 .72 .71 .71 May... .75% .75% .75% .75% •Nominal. CHICAGO CASH GRAIN CHICAGO. Aug 28 —Wheat—No. 3 red 51.0401.05%; No. 2 hard. 51.00% @ 107 V*; No. 3 spring. 5*1.02 ; No. 3 hard.! 51.05HG1.06. Corn—No. 1 yellow, H3 l 4<-. So. 2 yellow, O2\4io3Vg; No. 4. 62 HG flile; No. 3 yellow. 61 H No. 5 yellow, 61HG62e. No. 6 yellow, 60S G 61c: No 1 mixed, 62 \ G 63c: No. 2 mixed. 62HG 024*c; No. 3 mixed. 62<*02 H*V No. 0 mixed, 60 %e; No. 1. white. 62 HGO2 % <*; No. 2 white. 62 H GOHe; No. 3 w hite, 62 M 62%c; No. 4 white. 01 s£62; No. 5 white. 60He. Oats—No. 3 white. 32 \ 41 34 1 j e: No. 4 white. 32 He: standard. .30 H•' Harley—.V2 tu * Bc. Rye—7o HG7I H<• Timothy —54.50 k* 5. Cloverseed, $12 131 16. PRIMARY MARKETS (Thomson A McKinnon) —Aug 28— Receipts Wheat. Corn. Oats Sioux City... 2.000 67.000 24.000 St. Joseph... 79.000 24.000 12.000 Chicago .... 317.000 596.000 308.000 Milwaukee . 24,000 24,000 59.000 Minneapolis. . 842,000 18,000 286.000 Duluth .... 143.000 9.000 2,000 St Louis. . . 280.000 273.000 92.00(1 Toledo 31.000 14,000 6,000 Detroit 12.000 9.000 22,000 Kansas City. 598.000 50.000 46,000 Peoria 61,000 02.000 46,000 Omaha 258.000 147.000 84.000 Indianapolis... 7.000 04,000 34.000 Total* ...3,492.000 1.095.000 903.000 Shipments Wheat. Com. Oats. Sioux City 46,000 30,000 St. Joseph... 13,000 24.000 Chicago 65,000 73.000 327,000 Milwaukee .. 7,000 4,000 10,000 Minneapolis. . 249.000 12,000 197,000 Duluth 70,000 St. Louis... 114,000 47,000 48.000 Toledo 3.000 4,000 Detroit 6,000 Kansas City. 321.000 48.000 19,000 Peoria 23.001 70.000 43,000 Omaha 101.009 84.000 32.000 Indianapolis... 4,000 10.000 4,000 Totals .. . 960,000 424,000 720.000 Year ago. .3,399.000 1.694.000 600,000 Clearances Wheat. Corn. Oats New York... 124.000 44,000 10,000 Philadelphia.. 133.000 New Orleans. 350.000 Totals ... 607.000 44,000 10.000 Year ago. .5,210,000 GRAIN —Aug. 28—■ Bids for ear lots of srain and hay at tho oall of the Indianapolis Board of Trade were:

$1,000.00 Reward The C. C. C. & St L. offers $1,000.00 reward for the arrest and conviction or for any information leading to the arrest and conviction of person or persons who were responsible for the wreck of Big Four train No. 94 at Clermont, Indiana, on the night of August 26th. Any information imparted will be treated strictly confidential. Telephone or call on B. C. Byers, General Superintendent C. C. C. & St. L. Ry. E. M. COSTIN, General Manager, C. C. C. & St. L. Ry.

Wheat—Through billed, firm; No. 2 red, 51.02 @1.03. Corn—Easier: No. 3 white, 65®56c: No. 4 white, 54 0 55c; No. 3 yellow. 56@500; No. 4 yellow, 54@55c; No. 3 mixed, 54% @ 55 %c: No. 4 mixed, 53%@54%c. Oats—Steady: No. 2 white, 30% ®3lc; No. 3 white. 30@30%e. —lnspections Wheat—No. 2 red 1 car: No. 3 red, 1 car; No. 2 mixed. 2 cars: No. S mixed. 1 ear: No. 4 mixed. 1 car; sample, 2 cars. Total, 8 ears. Com—No. 2 white, 2 cars; No. 3 white, 12 cars; No. 4 white, 6 cars: No. 5 whits, 2 cars; No. 3 yellow, 5 cars No. 4 yello v, 2 cars: No. 5 yellow. 5 cars; No. 6 yellow, 2 cars: No. 2 mixed. 1 car; No. 3 mixed. 3 ears; No. 4 mixed. 1 car. Total, 41 cars. Oats—No .2 white, 13 cars; No. 3 white, 11 cars; sample white, 1 car. Total, 25 cars. Rye—No. 2. 1 car. Total, 1 car. Total number of cars for day. 75. Grain prices quoted f. o. b. basis, 41 %c to New York. PREDICT NORMAL OUTPUT Steel Executives Resume Work of Employing Labor. By United Financial PITTSBURGH. Pa., Aug. 28.—Normal production of steel within a month was predicted today following the reopening of coal mines owned by steel interests in Pittsburgh district. Steel plants took more men on with assurances of steady supplies of coal and coke. Blast and open hearth furnaces, barometers of the steel industry, are to reopen this week. According to the United Mine Workers, important mines of the steel companies resumed operation today. Jones & Laughlin’s Vesta mines, Nos. 1,4, 5, 6 and 7, employing 2,480 men; Union Coal and Coke Midvale plants, employing 1,380, and the Ellsworth Collieries of Lackawanna Steel, employing about the same number, are among the properties resuming. The union claims 760 additional men returned to work, making 24,460 of the 45.000 in the district. None of the big mines affiliated with the Pittsburgh or Freeport Association is resuming today. Hopes are expressed at the offices of the State fuel commission that few priority orders will be necessary, owing to increased production.

MARRIAGE LICENSES Thomas M. Monahan, 228 N. Summit St.; Deal L. Morgan. 441 N. La Salle St. Walker Parka. 1129 W. Thirtieth St.; Flora Lawrence, 1047 W. Thirty-Seventh St. BIRTHS Girls Roy and Julia Lacy. 469 E. Twenty-Fifth. Walter and Cleo Siewart, 1008 Olive. Roy and Delorls Rhein, 1225 W. ThirtyFirm. Charlea and Marguerite Goodpoater. 2963 Cornell. William and Helen Bulmer. 2948 Northwestern. Elva and Pearl Rettlg. 8724 E. TwentyEighth. John and Lena McCrimmon, 2722 N. Oxford. Adrian and Virginia Morrow, 2215 E. Terrace. Harry and Harriett Carpenter. 1425 Linden. Newell and Daiay Hall, Methodist hospital. Harry and Carrie Juday, Methodist hospital (twin*). Alonzo and Prudence Wright. Methodlat hospital. Phillip and Julia Brown, Methodist hospital , William and Florence Bohenkemp, Methodist hospital. Harold and Esther Will*, Methodist hospital. Homer and Phoebe Carr. 710 N. West. Edmond and Bessie Cody. 501 % Ague*. Boys William and Cordelia Chatman, 1331 Muskingan. William and Georgia Fish. 2020 Mabel. Ernest and Barbara McCuilum. 2127 Avondale Pi. William and Lillian Savage. 2750 Chester. Ear! and Ruth Thompson, 900 N. New Jersey. Mathew and Parthena Turner. 2138 Columbia. Louis and Pervia Potter. 2029 Bluff. Robert and Elizabeth Bundy. 1017 S. Sheffield. W S. and Hazel Alexander. Methodist hospital. ((ra and lola Runyan. Methodist hospital. Davi* and Helen Shryer, Methodist hospital. Levi and Maude Collins. 6408 Cornell. DEATHS D/ivld Norman Hupjt. 6 days, 1129 N. Ewing. cerebral hemorrhage. Nellie May Burt. 2. 1220 N. State, gaatro enteritia Aaron C. Kodocker. 77, 1148 W. TwentyNinth. arterio sclerosis. Mima Nigh, 60. 2118 New. cerebral hemorrhage. Joseph C. Talbott. 00, 8955 Broadway chronic myocarditis. Stella B. Hoffman. 52. 1.817 Park, carcinoma. Frances E. Smock, 75. Methodist hospital. diabetes mellitus. Cynthia Ann Mtkcls, 68, 405.1 Cornelius. pernicious anemia. Martin Hayden, 54. Central Indiana hosultal. paresis. Martha .lane Enyart, 1022 E. Ohio. arteria sclerosis. Thomas H. Roberts. 51. 524 W. Henry, chronic parenchymatous nephritis. COTTONSEED OIL By United Financial NEW YORK. Aug. 28.—The cottonseed oil market opened rather quiet with a mixed trade, but very steady. Offerings were light anil selling pressure limited, notwithstanding easy lard and cotton markets Several private cotton crop reports were out. indicating a crop slightly larger than 11.000.000 bales. Foreign lard and oil markets were steady Locally cash trade in oil and compound was reported quiet and .rude oil nominal. Cotton seed oil reports in July wore officially placed at 4.002 barrels against 18,225 in July last year. CHICAGO PRODUCE By United Financial CHICAGO. Aug. 28.—Butter—Receipts. 10 972 tubs; creamery- extras. 84% 035 c: extra firsts. 32% 034 c; firsts, 30032a: packing slock, 23 024 c. Eggs—Receipts, 14.265 cases: current receipts (mise.). 230 23 %e: ordinary firsts, 22@ 22%c; firsts, 24 025 c; checks. 16% (and 17c; dirties, 17% @ 18c. Cheese—Twins (new), Daisies. 19c: Young Americas. 19%@20c; Longhorns, 20 @2O %o; brick. 18 %c. Live poultry—Turkeys. 25c: chickens. 17021 c: springs, 23c; roosters. 14c; geese, 18c: ducks. 21c.

AUTO TRUCK STOLEN Machine Found Later in Damaged Condition. An automobile truck was stolen from the garage of William Gage, 1541 N. Senate Ave., Saturday night. The truck, badly damaged, was found at Senate Ave. and St. Cioir St. yesterday. * BOARD INSURES ACAMEATHER Takes Out SIOO,OOO Policy as Protection From Loss During State Fair Week. One hundred thousand dollars of '‘weather” insurance was taken by the State board of agriculture from the Hartford Insurance Company of Chicago today to cover the period of Sept. 4 to 9, the week of the Indiana State fair. This action was decided upon at a meeting of the agricultural board with Governor McCray. The insurance will be distributed over the five-day period as follows: \ $20,000 for Monday, $15,000 for Tuesday, $20,000 for Wednesday, $30,000 for Thursday, $15,000 for Friday. The insurance covers the period from 4:00 a. m. to 1:00 p. m. with the exception of the hour from 8:00 to 9:00. One-tenth of an inch of rainfall shall be considered sufficient to collect upon. The total cost of the policy is $6,000. CHICAGO STOCKS (By Thomson & McKinnon) —Aug. 28— Open. High. Low. Close. Ar. & Cos. pf.,100 100 99% 100 Arm. Leath. 12% Cudahy 03 63 02 02 Com. Edison.l3o 130% 130 130% Piam. Match.llo 117 116 117 Mont. Ward. 23% 23% 23 23 Pig. Wig. A. 42 42 41% 42 Quaker Oats. 98% 98% 98% 98% Reo Motors. 14% 14% 14 14 Stew. War.. 47 47% 46% 46% Swift & C0..106 100 105% 106 Swift Inti... 21 21 20% 20% Thom. (J.R.) 54 54 62% 52% Union C. & C. 00% 60% 59% 59% Wahl 63% H3% 60% 61% Wrigley 103% 104 103% 104 Yellow Taxi. 74% 74% 73% 73% NEW YORK LIBERTY BONDS —Aug. 28— Prev. I High. Low. Close, close, i L. B. 3%s 100.80 100.00 100.86 100.60 I L. B. Ist 4 % s. 100.46 100.64 100 64 100 70! L. B. 2d 4%5. 100.26 100.12 100.16 100.22 I L. B. 3d 4%5.100.48 100.42 100.42 100.48 j L. B. 4th 4%.100.72 100.50 100 00 100.70, Victory 4 %a. . 100.68 100.66 100.68 100.66; Paper Hats One way to save your hats or, at least, their lives, is to carry in your shopping bag a brown, waterproof paper bag protector. It folds into a veVy small space.

rs Minutes IflEgßaaKfidgl The Sycamore Lt. Indianapolis 5.00 P. M. Ar. Lafayette - 6.25 P. M, Ar. Chicago - - 9:40 P. NL Observation Parlor Car Dining-Lounge Car For tickets , reservat ione W detailed information call or addrese CITY TICKET OFFICE 112 Monument Circle Phone Circle 5300 UNION STATION Phone Main 4567 J.W. GARDNER VjUjVW 1 Division Fats. Agent

We Make— SECOND MORTGAGES on improved Indianapolis real estate running for one, two and three years. No Red Tape—No Delay AETNA MORTGAGE & INVESTMENT CO. 508 Fidelity Trust Bldg. Main 710*

28, 1922

SURVEY SHOWS SIXTY-DAY SUPPLY BE cjp cmImmediate Fuel Want Is Un-likely-Sanitary Milk Cos. Has 10-Day Run. The average manufacturer and large coal consumer in Indianapolis has a thirty to sixty-day supply of coal on hand with uncertain prospects for more, according to a survey made today. There is no immediate want. The Indianapolis Light and Heat Company reported it paid $4.50 a ton for coal at the mines and had a sixty-day supply on hand. A representative of the Merchants Heat and Light Company stated that the company was “o. k.” at present. A representative of the Polar Ice & Fuel Company said, “we have some coal on hand. The demand is brisk, but not what one would expect. The retail price of coal seems to be about the same as last year.” The Polk Milk Company, reports, “we have but a ten days' supply of coal. We use a carload a week in sterilizing milk. It is very essential that we have coal as the health of the babies is dependent on the milk. The Van Camp Packing and Products Company, reported that It had been protected by priority shipments. NEGROES OPEN FIRE Police Look for Prowlers in Cornfield. Rollle and Floyd Smith, 3820 E. Thirty-second St., saw two negroes tnd a white man enter a cornfield rear their home yesterday afternoon. They investigated. One of the negroes opened fire on the Smiths with a revolver. The police were notified, but the prowlers had escaped.

No Camouflaging Words Just This — Any ot the desks In use In the past few years has proved the most economical purchase it* owner ever made, simply because it has the underlying merits of construction which make extreme service automatic. mm Main 0489. 118 9. PENNSYLVANIA ST.

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