Indianapolis Times, Volume 35, Number 94, Indianapolis, Marion County, 29 August 1922 — Page 10
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STOCKS RESPOND WITH ADVANCES ON WALL STREET White House Edict Declaring Mine Seizure Improbable Stimulates Trade. INDUSTRIALS CO STRONG Numerous Railway Leaders Enjoy Recoveries After News Report. Twenty active Industrial stocks Monday averaged 99.21, oft .84 per cent. Twenty active rails averaged 90.59, off .95 per cent. By United Financial NEW YORK. Aug. 29.—The Wall Street Journal today says: Stocks agaiy demonstrated that new developments in a bull market almost invariably favor the side of rising prices. After displaying that ability in Monday's session in the face of considerations which might have caused a severe break, had fundamental conditions been let down, the market made a splendid response today to reassuring items. Both railroad and industrial issues recognized the importance of the White House statement that seizure of the coal mines and carrier systems was considered unnecessary, relieving anxiety concerning the possible effort of Government interference. Industrial stocks which displayed special buoyancy included American Ice, Giflf States Steel, Western Union. Brooklyn Edison. Northern American and Otis Elevator. Among the rails in which good recoveries were registered were Reading, j Norfolk & Western, Chicago & Northwestern, New York Central, and Union Pacific. July railroad earnings are better than have been expected. On forty important roads, sixteen report larger gross than in July last year, while half a dozen others are close to last year’s figures. In net nineten are ahead of last year and some others not far under. Prices were generally higher at the opening of the New York Stock Exchange today. Fractional gains were scored by Steel common, Mexican Petroleum. Baldwin and other speculative leaders. Studebaker showed special strength on the statement by President Erskine that the company's operations were not threatened by the fuel shortage. Prices gathered strength throughout the list in the first hour. Speculative attention continued focused on the demonstrations in special issues in the morning. Gulf States Steel made anew high on the move at 85%, up 2% from Monday’s low pn earnings at the rate of 12 per cent for the current quarter. Stocks moved forward in the whole market in early afternoon under the influence of exceptional strength in equipments, public utilities and a broad group of specialties. Baldwin made anew high on the move at 127%; American Locomotive at 120% and Pullman 126%. Trading in utilities was featured by 192 highs in Western Union at 121 and Brooklyn Edison at 121%. Western Union’s further advance was made In the face of official intimation that no increase in the present $7 dividend shoucll be ordered. Famous players led the specialties, attaining a 1922 high on the record figure of 93%. Retail Stores continued to reflect inside buying, selling at anew 1922 high at 77%.
LOCAL BANK CLEARINGS Indianapolis bank clearings Tuesday were $2,581,000; bank debits were $5,537,000. NEW YORK MONEY MARKET By United Financial XEW YORK. Au*. 2B.—The money market opened firm. Call money firm. high. 4 per cent: low. .2% per cent: ruling rate, 3% per cent. Time loans, firm. Sixty to ninety days. 4 @4% per cent: four to six months. 4%<a 4H per cent. Commercial. per cent. Cali loans, 3% per cent. NEW YORK LIBERTY BONDS —Aug. 29 Prey. High. Row. Close, doss. Jj B 3%s ...100.94 100.72 100.94 100.86 L B Ist 4 s 100.56 L B Ist 4i,s. 100.70 100.64 100.70 100.64 L B 2d 4 Hs. 100.22 100.10 100.22 100.16 L B 3d 4 Hs. 100.46 100.40 100.44 100.42 L B 4th 4Vis. 100.62 100.50 100.58 100.64 Victory 4%s .100.70 100.66 100.70 100.68 FOREIGN EXCHANGE By Vnitrd Financial XEW YORK. Aug. 29.—Foreign exchange opened firm. Sterling, demand. 54.45 7-16: cables, 54.45 11-16. up 1-16. French, demand, .0768 He: cables. .0769 c. up .0005 *4Lire, demand. .0438 He: cables. .0439 c. up .0005%. Belgian, demand. .0700Hc: cables, .0731 c. up .0005. Marks, demand. .0006 He, up .0000%. Drachma, demand, ,0320 c; cables. .0325. Swiss, demand. .1901 c: cables. .1903 c. oft .0002. Guilders, demand. ,3882 c: cables. .3885. off .0010. Pesetas, demand, ,1551 c: cables. .1553 c. Swede, demand. .2644: cables. .2648. up .0003. NorWsv, demand. .1688 c: cables. .1692 c, off .0005. Dane, demand, ,2145 c; cables, ,2149 c, •C .0004. ACTIVE OIL STOCKS (By Thomson & McKinnon) —Au*. 20— —Closing— Bid. Ask. An*lo-American Oil Atlantic Refinin*. Loboe 10 Borne-Scryniaer -•** 390 410 Buckeye Pipe Line ......... 96 100 Chescbroush Mf*. Cons ....185 195 Continental Oil, Colorado ...135 145 Cosden Oil and Gas 5 11 Cregcent Pipe Line 33 35 Cumberland Pipe Line 135 145 Elk Basin Pete 9% 10 Eureka Pipe Line 90 92 Galena-Signal Oil, pfd.. new.. 100 105 Galena-Sigmal Oil, com 51 53 Illinois Pipe Line >—l6s 175 Indiana Pipe Line 95 98 Merritt Oil 8% 9% Midwest Oil ....cm 2 24* Midwest Rfgr 200 National Tmsit 26 27 New York Transit *-. 160 170 Northern Pipe Line 100 103 Ohio Oil 275 280 Pern.-Mex 25 30 Prairie Oil and Gas 590 600 Prairie Pipe Line 255 260 Sapulpa Ref* 3 % 3% Solar Refinin* 335 345 Southern Pipe Line 93 96 South Penn Oil 210 220 Southwest Penn Pipe Lines .. 61 63 Standard Oil Cos. of Ind 112% 112% Standard Oil Cos. of Kan 530 550 Standard Oil Cos. of Ky 101% 101% Standard Oil Cos. of Neb 175 185 Standard Oil Cos. of N. Y 436 442 Standard Oil Cos. of Ohoi ....450 470 Swan & Finch 32 rm Vacuum Oil .•••••••••• •m 460 480 Washington Oil 22 28 BOSTON WOOL MARKET By Vnitrd Financial BOSTON. Aug. 29.—W00l trade continued quiet, but price* are steady. Fair sale* of twelve month* Texas wool was reported this week at 51.25 which 1* about unchanged. Other domestic wools are steady. Dealers are expressing confidence in the renewed activity in wools with the opening of the fall. Fine wools are not in large supply with the tone quite firm. Ordinary wools are selling rather slowly and quotations are somewhat Irregular.
New York Stocks (By Thomson 4 McKinnon) —Aug. 29
Railroads— Prer. High. Lew. Close, close Atchison ...104 >4 102% 103% 102% Atl. C. Line. 117% 116% 117% 115% B. & 0 58% 67% 58% 57% Can. Pac 147% 144% 147 144% C. & 0 70 75% 78 75% C. & N W R ©O% 87% 90% 87 i C.. R. I. & P. 43 44 % 45 44 % C. Sc G.W.pf. 22 21% 22 22 O. & W 27% 27 27% Del. 4 Lacka.l32% 132% 132 131 Erie 17% 17 17% 17 Erie Ist pfd. 27 20 26% 25% Gt. N. pfd... 93 % 93 93 % 92 % M. K. & T. . 19% 18% 19% Kan. City S. 20% 25 26% 24% Lehigh Val. 69% 68 68% 67% L. 4 N 137 137 137 130 Mo. Pac 23% 23% 23% 23 Mo. Pac. pfd. 60 59% 60 58% N. Y. Cent.. 98% 98 98% 97% N.Y.N.H &H. 32% 31% 32% 31% North. Pac.. 88% 87% 88% 86% Nor. 4 West.ll9% 117% 118% 117 Pennsyl. ... 41 % 46 40 % 46 % Reading .... 79 % 78 % 79 % 77 % So. Ry 27 20 27 20% So. Pac 95 93% 96 93% St. Pau1..,.. 34; 33% 33% 33% St. Paul pfd. 52% 52 52% 51% St. L 4 S.W. 34% 33 34% 33 St.L.&S.W.pf. 50% 50% 50% Sti.4SK.Ry. 30% 40% 30% 30% Tex. 4 Pac.. 34 32% 34 32 Union Pac...150% 148% 150% 148% Wabash 13% 13% 13% 12% Wab. pfd... 34 33% 34 33% West. Pac .. 19% 19% 19% 20 Pgh. W. Va. 30% 39% 39% 39% Rubbers— Ajax Rubber. 11% 11% 11% 11% Fiek Rubber. 12% 12% 12% 12% Goodrich Rub. 36 % 35 % 36 % Kelly-6p 43% 43 43 .... K. T. 4 R. Cos. 9 8% 9 8% U. S. Rubber 58% 56% 58% 58% Equipment*— A. C. 4 Fd..185 185 185 182 Am. L0c0... .120% 118% 120 118% Bald. L0c0....127% 126 127% 124% Gen. Electric 185% 184 185% 184 Lima Loco.. 62% 61% 01% 61% N. Y. Air. .. 76 76 70 Am. Steel Fd. 41% 41 41% 40%' Pullman ....127 126 128% 120 Ry. Steel Sp. 113 112 113 110% Westhouse E. 03% 63 63 % 62% Steels— Beth. (B) .. 78% 77% 77% 77% Crucible .... 95 % 94 94 93 % Gulf States.. 85% 83 85 83% Lacka 80% 79% 80 79% Midvale 34% 34% 34% 34% Otis 11% 11% H% il% Replogle .... 33 32 % 33 33 Rep. I. 4 S.. 73 72 72% 72 Slosd-S 51 51 51 .... U. S. 5tee1...103% 102% 103% 103% Vanadium • • 52 \ 51 % 52 51 Vx Motors— A. B. Mag. .. 40% 40% 40% .... Chandler M... 62 69% 62 60 Gen. Motors. 13% 13% 13 H Hupp Motors 18 18 18 IJ% Hud. Motors.. 21% 20% 21 21 Max. M. (A). 57 57 57 57 Max. M. (B). 19% 19 19% J?,, Mack Mot... 56% 60 56% 50% Martin Perry 30 30 30 29 \ Pierce-Arrow. 12 11% 12 11% Studebaker .129% 128% 129% 127% Stromberg... 55 54 54 o 4 % Stew-Warner. 48 T 4 47% 48% 1" % Willys-Over.. 7 6% 0% 6% Minings— Butte Sup. . . 30% 30% 30% 30 Dome Mines.. 39 36% 39 26% Int Nickel... 17% 17% 17% 17% Tex G 4 8... 61% 50% 51 49% Coppers— Am Smelt. .. 65 % 03 % 64 % 63 % Anaconda ... 65% 54% 65% 54% Chile Copper. 23 22% 23 22% Inspiration... 41 % 41 41% 41
BONDS RECOVER LOSSES French Show Marked Interest as British Sag. By IF. B. GRIMES United Financial Staff Correspondent NEW YORK, Aug. 29.—The bond market today gave a much better account of itself than it did Monday and while no sensational gains were scored in any quarter, issues which sagged yesterday recovered much of their lost ground. French bonds, which led the drop, also led the recovery While the French bonds showed a betterment. British bonds were Inclined to sell off fractionally. The speculative rails acted better, the Seaboard 6s reaching 69% from the day's low of 68. The International and Great Northern adjustment 6s went to 54%, up a point, and the Missouri, Kansas & Texas adjustment os got above 63 once more. However, Chicago & Alton 3%s showed a drop of more than 3 points at 47%. This road has suffered an outlaw strike. Local tractions bonds were among ihe most active groups, but the price range was comparatively narrow. The etrength in American Telephone and Telegraph stock was reflected in the company’s convertible 6s, which went up more than two points during the day, and at their best price were up 2% from yesterday's close. CURB SWINGS UPWARD Prices of All Groups Considerably Above Recent Levels. By IF H. GRIMES United Financial Stall Correspondent NEW YORK, Aug. 29.—The curb trading today had an Irregular and quiet opening, which was quickly followed by an upward movement that got into full swing in the afternoon, carrying prices in all groups considerably above the levels of the past few days. The oils were the first group to feel the upward Impulse and Standard Oil of Kentucky responsed with a high of 104 and Southern States bettered its previous high of 17% by % point. The same upward tendency was apparent among the industrials also. New York Telephone preferred made anew high at 110. Hayes Wheel went a fraction above 31. This stock was due for a rise on the first upward swing, as its business and earnings are very favorable. MOTOR SECURITIES (By Thomson 4 McKinnon) —Aug. 29 — —Closing— Bid. Ask. Earl Motor* 2 2% Col. Motors 3% 3% Packard com 14 V 4 14% Packard pfd 88 89 Peerless 59 % 60 Continental Motors com 8 % 8 % Continental Motor* pfd 95 99 Hupp com 17 18 Hupp Pfd-- x ? 4 HO Elgin Motor* 1% 2% Grant Motors % % Ford of Canada 378 380 National Motor* 2 3 Federal Truck 19 21 Paige Motors 19 21 Republic Truck 3% 3% CHICAGO STOCKS (By Thomson 4 McKinnon) —Aug. 29 Open. High. Low. Close. Arm 4 Cos pf. 100 100 99% 99% Arm Leath pf 87 % 87 % 87 % 87 % Com Edison. 130% 130% 130% 130% Cont M ot. .. 8 % 8 % 8 % 8 % Dmd Match .117 118 117 118 Libby-McN .. 8 8 7 % 7 % Nt Leath new 7% 7% 7% 7% Pick 4 Cos. .. 26% 27 26% 26% Quaker Oats 98% 98% 98% 98% Reo Mot... 14% 14% 14 14 Stew-War ... 46% 48% 46% 48% Swift 4Co .105% 100 105% 100 Swift Inti 20% 21 20% 21 Thmpen (JR) 53 53% 53 54% UnC4C... 59% 00 69% 59% Wahl 61% 02 00% 00% Yellow Taxi. 73% 75% 73% 74% INDIANAPOLIS PRODUCE Freeh eggs, candied, 28c; packing slock butter. 20c: fowl. 4% lbs. up, 21c: fowl under 4% lbs.. 17c: springs. 2 lb*, under, 24c: springs, over 2 lb*., 21c: cox and stags 11c: young tom turkeys. 12 lbs. and o®, 25c; young hen turkeys. 8 lbs. and up, 26c; old tom turkeys. 20c: cull, thin turk not wanted; dux, 4 lbs. and up. 15c: reesei. 10 lbs. up, 12c. squabs, 11 lba. to doz„ ss.’
Prev. High. Low. C 1039. close. Kenneeott .. 37 % 36 % 37 % 36 % Nevada Cons 17 10% 17 17 Utah Copper. 69% 67% 69% 07% Mother Lode 11% 11 11% 11% U S Smelt... 43% 43% 43% 42% Oils Cal Petrol... 63% 61 63% 63 Coeden 47% 46% 47% 47 Houston Oil 79% 79 79% 79 In vino Oil .. 14 % 14 % 14 % 14 % Mex Petrol .184% 180% 184% 180% Mid St 0i1... 13% 13% 13% 13% Mex SB 23% 22 22Z 21% Pan-Am Pet. 80% 78% 80% 78% Pac Oil 67% 60% 57% 66% Pierce Oil. . . 7 % 7 % 7 % 7 % Pro and Ref 44 % 42 % 44 % 42 % Pure Oil . . 32 % 32 32 % 32 Royal Dutch 56% 65%' 56 55% St Oil of Cal.lll % 108% 111% 108% S. O. of N. J. 183% 182 183 182 Sinclair 33% 32% 33% 32% Texas Cos. .. 48% 47% 48% 47% Tex. C. and O. 25% 25% 25% 25% T. Oil .. 14 % 14 % 14 % 14 % Union Oil .. 19% 19% 19 % lit % White Oil .. . 8 % 8 % 8 % 8 % Industrials— Aiied Chem. . 85% 83% 85% 82% Allie-Chaimers 58 57% 57% 57% Am. Can 60% 59% 60% 59% Am. Ice 116 113% 116 111 Am. Linseed. 34% 34 Vs 34% .... Am. Woolen.. 94 % 93 94 % 93 Cen. Leather 41 % 41% 41% 41% Coca-Cola ... 71% 70% 71% 72 Comp. k Tab. 69 69 69 08% Cluett & P.. 60% 64 66% 63 Cont. Can .. 83% 82% 83% 82% Endicott-J 80 85 80 84% Fam. Players 94% 91% 94 91% Gen. Asphalt. 08% 07% 07% 07% Inter. Paper. . 57% 57% 57% 57 Inter. Har....109% 108% 109% 108% Loews 19% 19% 19% 18% May Stored. 128% 120% 128% 185 Mont. & W.. 23% 23 23 % 23 Nat. Enamel. 58% 58% 58% 58 Pitts. C0a1... 67 % 05 % 07 % 65 Se&rs-Roe .. .. 90% 89% 90% 89 Vi U. S. R. 8... 78% 75% 79 75 U. S. C. I. P. 39 37% 38% 37% U. 8. In. Al. 60% 60 60% 66% Worth. Pump 43 43 43 42% Woolworth .179% 179% 179 % Utilities— Am. T. & T.J2SH 123% 124% 123% Brk. R. Tran. 26% 25% 25% 84% Consol. Gas. 140 137% 139 139 Colum. Gas. .102 101% 102 102% People’s Gaa 93% 93% 93% 93% West. Union. 121% 110% 120% 110% Shipping— Am. Int Cor. 35% 35% 35% 35 Am. 8. & C- 10 18 10 10 Atl. Gulf 30% 28% 30 30% In. M. M 14% 14% 14% 14% In. M. M. pf. 58% 57% 59 58% United Fruit.ls3% 158% 153% Foods— Am. Sugar... 83% 83% 83% 83% Am. Beet S.. 48% 47% 48% 40% Austin Nich. 31 29% 30% 29% Am. Cot. 011 27% 27% 27% 29% Corn Pr0d..119% 117% 119% 116% Cuba C. Sug. 1.3 % 13% 13% 13% Cub. Am. Sg . 25% 25Vi 25% 25% Wilson k Cos. 43% 43% 43% 43% Tobaccos— Am. Tob. C0..103 % 158 V t 163% 159 R. J. Reyn. B 53% 53 Vi 53 % 53 Tob. Prod... 85 % 84 % 85 % 84 % Miscellaneous Stocks— Alaska J.... 1% 1% 1% Am. Rad 113 113 113 112% Tenn. Cop... 10% 10% 10% Dav. Chem.. 52% 51 52% 60% Elec. S. Bat. 48 47% 47% 47% Pere Marquet 39% 38% 39 .38 Skeliy 0i1... 10% 10% 10% 10% Laclade Gas. 94 93% 94 St. Oil Ind. . 115 % 112% 113%
CHICAGO HOGS DECLINE Increased Holdover, Plus Receipts, Weakens Receipts. By United Financial CHICAGO. Aug. 29.—Hogs sold 10 to 25 cents lower on an active market at the Chicago stockyards today. The heavy supply of holdovers, about 12,000, and approximately 12,000 forwarded direct to big packers from other trading centers, caused the drop. The total fresh supply was 23,000. Demands for plain and heavy hogs were weak. Holders of cattle demanded steady prices for the best stock. Receipts of lQ.OOt) and the market had a strong undertone on late arrivals. About 250 Canadian cattle were included in the receipts. The total for the ten big markets was 43,500, compared with 58,400 a week ago. Sheep receipts of 17,000 were higher than buyers had anticipated and the market slumped 25 cents on all grades. Trade was delayed through late arrivals of all stock. Os the 933 cars of live stock scheduled to arrive at the local yards, 234 did not show until several hours after trading opened. The total supply of mutton for the ten leading markets was placed at 57,500, compared with 45,000 a week ago. SANTA FE GAINS SHOWN Gross Earnings for July May Be Re-[K-att-d in August. By United Financial NEW YORK, Aug. 29.—Atchison, Topeka & Santa Fe returns rather surprising earnings figures for July. Despite the coal and railroad shop strikes and the general freight rate reductions effective the first of that month, July gross was over $1,000,000 in excess of that for June and $1,700,000 ahead of May, 1922. Net operating income was $2,000,000 ahead of that for June and nearly three times that for May. Indications are that gross for August will compare well with last year, car loadings this month having run as far as 17 to 18 per cent ahead of August, 1921. In July the increase was about 17 per cent. Two other large, roads today reported an increase in their July net operating Income. IN THE COTTON MARKET By United Financial NEW YORK, Aug. 29.—Cotton opened firm, up 12 to 23 on buying by Liverpool, •pot house broker* and local* due to better Eugliih trade advice* and lessening tension in the domestic labor situation. The market was quiet and Arm through the forenoon, up 20 to 31 when further scattered buying on unfavorable crop account* found the supply of offerings limited. —Cotton Futures— Open. High. Low Closet January 22.42 22.09 22.33 22. .VT March 22.43 22.70 22 38 22.02 May 22.34 22.70 22.29 22.55 July 22.35 October 22.40 22.70 22.30 22.60 Dec 22.55 22.85 22.47 22.70 By United Financial NEW ORLEANS. Aug. 29 —The seriousness of the coal situation offset the effect of strong Liverpool cables and optimistic reports from Germany today and the New Orleans cotton market opened irregular. Futures ranged from 81 points below yesterdays close to 20 above. In the first two hour* of trading the market remained fairly steady, despite selling that forced drops from 2 to 3 points in October. December and March futures, •lamia, ry cotton took a decided turn for the better under buying orders and jumped 5 points. By United Financial LIVERPOOL. Aug. 20.—Limited epot demand for cotton with prices steady, sales 7,000 bale*; receipts 3,000, including 1,300 American. Futures opened quiet. 12:30 Open. High. Low. p. m. October 12.70 12.81 12.72 12.79 January 12.50 12.57 12.49 12.57 March 12.49 12.50 12.49 12.50 July 12.22 12 25 12.22 12.25 The market closed steady. RAW SUGAR MARKET By United Financial NEW YORK. Aug. 29. —American Sugar brought 10.000 bags Cuban raws afloat at 35-16 e cost and freight, and 24.000 bags leading at 3%c cost and freight. This compares with recent sales of spot sugars on duty paid terms as low as 4.80 c equal to about 33-10 c cost and freight. Raw sugar opened steady: September, 3.31®8c; December. 3.52@3c: March, 3.31@3c: May, 340 ® 2c.
THE INDIANAPOLIS TIMES
SWINE FIGURES RECEDE TRIFLE IN LOCAL YARD Steer Prices Show StrengthCalves and Sheep Remain About Steady. Prices were easier in the hog section of the local live stock exchange, quotations recoding about 10 cents on light hogs. The decline was due to a heavy run of lights and also to the fact that brokers bought, very few for shipping, leaving the market at the mercy of local packers. Receipts were above the average at 8,000. Early in the day a few runs of lights sold as high as $9.85, the Chicago top, but this was no criterion of the general market, where the top was $9.75. Steer prices exhibited some strength in the cattle market .prices for best steers rising 10 to 15 cents, with the rest of the market steady and demand good. Receipts were good at 1,000. Best steers brought $9.50 to $10.35. Trading was dull and steady in the calf alleys, prices holding at the levels which have ruled for the past few days, with the top at sl3. Receipts were normal at 700. Sheep and lamb quotations remained steady, with a fairly heavy run of 1,000. The lamb top was sl2. II OEM 150 to 180 lb* $ 9.65*2 9.75 15° to 200 n> * 9.50 6 9.05 200 to 225 lbs 9.35® 9.50 226 to 250 1b5....,., 9.25® 9 40 250 to 300 lb* 8.75® 9.25 Over 300 lbs 8.50® 8.75 Top ... 9.75 Digs 8.75® 9.25 Light packing sows 7.00® 7.25 Heavy mixed packers 0.50® 7 00 Stags 5.50® 6.50 —Cattle— Few choice steers 9.50® 10.35 Prime corn-fed steers. 1.00 to 1.300 lbs 8.50® 9.50 I Good to ehoico steers, 1,000 1.300 lbs 760® 8.00 Good to choice steers. 1,000 to 1.200 lbs 0.75® 7.50 Good to choice steers. 1.000 to 1.100 lbs. 6.50® 7.00 Common to medium steers. 800 to 1,000 lbs 5.50® 060 —Cows and Heifers— Few choice hellers 760® 8.25 Good to choice heifers 7.25® 7.60 Medium heifers 0 50® 7.00 Common to medium heifers.. 6.50® 050 Good to choice cows 0,50® 7.00 Common to good cows 3.00® 5 50 Caunert 2.25® 325 Cutters 2.00® 3.00 j —Bulls— Fancy butcher bull* 5.00® 5.75 j Good to choice butcher bull*. 4.23® 4.75; Bologna bulls 3 00® 3.50! Light bologna bulls 3.00® 3.25 j Light common bulls 3.00® 3.50 ! —Calves— Choice veals 11.00® 12.50 ! Good veals 10.00®11.00; Medium veals 9 00® 10.00 ! Lightweight veals 7.50® 8.50 Heavyweight veal* 7.00® 8 00 | Common heavies 0 00® 760 i Top 13 00 —blocker* and Feeders—j Good to choice steers under 800 lbs 5.25® 750 ] Medium cows 3.25® 350 i Good cows 3.76® 4.50 Good heifers 5.50® 700 ! | Medium to good holfer* 4.25® 5.60 | Milch cows and springers.... 35.00®85.00 —Sheep and Lambs— Culls ewe# 2 00® 2.75 Good to choice ewes 2.75® 6.50 It Bucks 3.00® 3.50 'Yearling* 6 00® 8 00 Springers 10.50® 12.00 Cull* 3.30® 6.00
OTHER LIVESTOCK By United Financial CHICAGO. Aur. 29. Hoc* —Rtv’oipts. 23.000: niarkrt. active. 10c to 25c lower: top. 50.85; hulk of Hale*. $0.50Q0.85; hea’ y weifrht, $7.706 0.25; medium weiyht, $8.8569.05; iirht weight. $6.40 H 9.85. light lights. .‘*8.75(29.60: heavy pack inf •own, $6.50457.25: packing ioug, roufh so<tfo.os: pig*. $7.25 8.50. Cattle—Receipt*. 1.000; market, steady; choice ami prime, slo.2s<ft 10.9a‘>: medium and good. $8 fa 10.25: common. $0.25 fa 8; grood and choice. $8.85 fa 10.50: common and medium. $6 & 8.85; butcher cattle and heifers, $4.86fa9; cows. s3.osfa 8; bulls. $3.85 fa 0.00; canners, cutter*, cows arid heifer*. $2.00fa3.75; canner steers, $3.75fa4.50; veal calve*. $10.75fa12 feeder steer*. $5.50 faß; stocker steers. $4 75fa7.50: Stocker cow* and heifer*. s3.sofa 5.50. Sheep—Receipts. 17.000; market. 25c lower; lambs. sl2 fa 13; lambs, cull and common, $8 50fa 11.75; yearling wethers. $8.75 fa 11.2 o; ewes. $3.50 fa 7.50; cull to common ewes. $2 fa 4 CINCINNATI AUCT- 29—Cuttle—Receipt*. 950 ; market slow, steady shippers. $7 fa lb Calves—Market atrotifir. 50c up: extras. 512 fa 12.50. Hogs—Receipt*. 3.600; market for packing grades 1 Ufa 25c down, others steady; good to choice packers. 59.50 fa 9.75. Sheep—Receipt*. 200: market steady; extras. 54 fab. Lambs—Market steady; fair to good sl3fal3 50. CLEVELAND, Auf 29.—Hops—Receipts. 1,500; market, steady; yorkers, $9.90; mixed. $9 00 medium*. $0.90; pips. $8.50: rourhs. 57; atags. $4 Cattle—Receipts. 200: market, steady; good to choice steers, $0falO; good to choice heifers. sofa 7; food to choice cows. $4.50fa5.50; fair to food cows. s3.sofa 4.50: common cows. $2.50fa3.50 food to choice bulls. s6fa7; milchers s3sfa 75 Sheep and lambs—Receipts. 1.000: market. active; top. sl3. Calves—Receipts, 300; market, active; top. sl3. EAST ST. LOUIS. Auf. 29.—Cattle—Re ceipts. 6.500; market, best steady* others weak; native beef Nteers. $8.20fa10.50: yearling stores and heifers. $7 fa 10.25; cows, s3ft 7.30: Stockers and feeders. $5 fa 0.25: calves, $3.25fa 7.50; canner* and cutters, $2.25fa3.25. Hogs—Receipts. 10,000: market. frfalOe lower: mixed and butchers. $9.65 fa 9.85: food heavies. $9.30 fa 9.70; roufhs. $6.7.5fa7.25: lights, $9.75fa0.80; pig*. $7.75fa0A0: bulk. $9.60fa9.76. Sheep —Receipts, 4,000: market, steady; mutton ewes. $4 fa 6; lambs. $12fa12.75; canners and choppers, $2 fa 3. EAST BUFFALO. Auf. 29.—Cattlo—Receipt*. 626; market active: shipping steers, $9 fa 10.26: butcher grades. $8 fa 9; heifers. sofa 8; cow* s2fa6: bulls. $3 fa 5; milk crows and Btriiifers. $25 fa 110. Calves— Receipts, 450 head market slow; cull to choice. $413.50. Shoo pand lambs—Receipts. 2.800; market active; choice lambs, sl3fa 14; cull to fair. s7fa 12.50; yearlings, $0 fa 9.50; sheep. $3 fa 7.50. Hogs—Receipts. 400; market active; Yorkers. slofa 10.10 ;pifs, $8.75; mixed. slofa 10.10; heavy. $9.25 fa 9.50; roughs, $7 fa 7.25; stag*. $4 fa 4.50. KANSAS CITY. Auf. 20.—Hogs—Receipts, 9,000; market, 15c up: bulk, sß.sofa 0; heavies. $8 fa 8.75; butchers. $8.65 fa 9 10; light*. $8.75fa0.10; pigs. sßfaß.so. Cattle—Receipts, 15.000: market, stronger; prime fed steers. $9.50fa10.50; plain to fair dressed beef steers. $0fa9.50; Western steers, $5.50fa7.75: Southern steer*. $3.25fa 8; cow*. $2.25fa6.50: heifers. $3.75fa0: Stockers and feeders. s4fa 8; bull*. $2.25fa4.75; calves. ssfa 10. Shepe—Receipts. 4,000; market, steady: lamb*. sl2fa 13.25: yearlings. $9.25fa 10.50; wethers, $6.50fa7 50; ewe*. $4.50fa7.26; Stockers and feeders, $9.50 fa 12.50. PITTSBURGH, Aug. 29.—Cattle—Supply, 250; market steady; choice. s9.Bsfa 10.35; prime. s9.sofa 10: good, $8.50fa9.25: tidy butchers. sßfa 8.75: fair. sofa. 7.25; common. ssfa6; common to good fat bulls. $4 fa 6.50; common to good fat cows. $3.50 fa 5.50; heifer*, $3fa7.60; fresh cow* and springers. $35 fa 85: veal calves. sl3; heavy and thin calves. $5 fa 9. Hogs—Receipt*. sl2; market rtteady: prime heavy hog*. $9 fa 9.50; mediums, $10.35 fa 10.95; heavy Yorkers, $10.25 fa 10.45; light Yorkers. $9.50® 10; pigs. $8.76fa9: roughs, $7. fa 7.65; stags, heavy mixed, $9.75 fa 10.25. COTTONSEED OIL By United Financial NEW YORK. Aug:. *l9.—Cottonseed oil sales totaled about 1,500 barrels, and with trade small and unimportant the market was steady. Prices sod! off Ito 9 points, following: the slump in lard, but selling pressure was light, owing to the absence of any deliveries on September contracts. With little commission house demand and the firmness in cotton, prices rallied 5 ti 7 from the low and were unchanged to 4 net blither. As expected, there were no deliveries on September contracts with the amount of oil in store here small. Cash demand is limited and crudp oil is strong' at 7% for immediate. Lard dropped 2% to 20. English lard and hogs were weak, while English cotton oil was 2 shilling's lower at 3K shillings. With conditions very mixed, the tendency was to await the Government cotton report.
CORN AND WHEAT BULLETIN For the twenty-four hours ending at 7 a. m„ Tuesday. Aug. 29. 1022. Temperw.® ature *3 Q lt B s. -s gh % 2 o a 3-3 JSS"g 15.2 3 ga fs g a agi 2ai £3 js o South Bend .... 83 63 I 0.03 " Good Angola 83 61 0.51 Good Ft. Wayne 80 1 64 I 0.04 Wheatfleld 85 61 I 0 Good Royal Center ... 80 60 I 0.02 Good Marion 82 I 63 I 0 Good Lafayette 82 106 0 Good Farmland 84 I 02 I 0.04 Good Indianapolis .... 81 105 I 0.01 Good Cambridge City. . 80 159 I 0.02 Fair Terre Haute .... 81 66 I 0 Bloomington .... 88 55 01 Good Columbus 86 56 | 0.04 Good Vincennes 88 00 I 0 | Good Paoli 85 00 I 0| Food Evansville 86 06 I 0 | jThTarmington, Meteorologist. Weather Bureau. CRAIN CEOSES ~ LOWER; FOREIGN DEMAND SLUMPS Weather Continues Favorable, but Receipts Fall Below Expectations. By United Financial CHICAGO, Aug. 29.—Grain prices closed lower on the Chicago Board of trade today, after declining Throughout the day. The heavy decline in the iverpool market caused wheat to slumfi from the opening. Weather continued favorable for the movement of the crop, but receipts were under expectations. Moderate selling of corn was induced by favorable weather, including scattered rains and generally lower temperature. Buying was largely by a local commission house. Armour Elevator interests bought oats on early dips, which steadied the market. The shipping demand for oats continued active. Provisions prices dropped sharply 1 when commission house selling found i the market without support. Trade ; was not large. The drop in the hog market, influenced by a large hold- ; over, caused the selling. CHICAGO GRAIN TABLE —Aug. 39 By United Financial WHEAT— Open. High. I.nw. Close Sept... 1.02% 1.03% 1.01% 102 CORN—' I ’ oß ’* 10) ' S 107 ’* SPt... .00% .00% .59% .59% £•„’ ** .65% .53% .64 ’ 6S '* 67 ■ 57H Sept... 62 .32% .31 % 62 Doc 34 .34% .33% .33% 5ept...10.27 10.27 10 10 10.25 0ct....10.30 10.35 10.20 10.33 RIBS— Sept... 0.80 9.60 950 900 i 0ct.... 0.40 9.45 9.25 0.45 K V E Sept... .08 % .08 % .67 % .07 % Due 71% .71% .70 .70% May... .76 .71% .70 .70 CHICAGO CASH GRAIN By United Financial CHICAGO. Aug 20.—Wheat—No. 2 red. $1.05% ® 1,05% ; No. 3 red. $106; No. 2 hard. $1.06%; No. 3 hard. *105%. Corn —No. 2 yellow. 02 %c; No 1 yellow, 62% j ®03o: No. 5 yellow, 00 %c; No. 6 yellow, 60 %® 01c: No. 1 mixed, 02 %c No 2 mixed, 02 ®02% c; No. 3 while 01 % ® 02%o; No. 2 white. Bl % 02%c: No. 3 white. 01%®620: No. 4 white. 01®61%c.
PRIMARY MARKETS (By Thomson ct McKinnon) —Aug. 29 Receipt* _. Wheat Com Oats Sioux City .. 8 000 32.000 8.000 St Joseph .. 49.000 10.000 6.000 Chjcagi 527,000 645.000 398.000 Milwaukee .. 35.000 56.000 148 000 Minneapolis .. 684,000 13.000 128 000 Duluth 482.000 14.000 6 000 St Louis .... 152.000 74.1M10 34 000 I Toledo 34.000 20 000 29 000 E'-troit 14,000 10.000 16.000 Kansas City .. 348.000 25.000 9 000 Peoria 8,000 74.000 233100 1 Omaha 122.000 55.000 32 000 i Indianapolis.. 10.000 57,000 50,000 1 Totals 2.451.000 1,085,000 887 000 Year ago ..2,086.000 1.452,000 871,000 Shipments Wheat Corn Oats Sioux City .. 1,000 41.000 22,000 St. Joseph . . 22.000 3.000 Chicago 662.0(8) 57 (8)0 252 000 Milwaukee . . 4.000 130.000 63 000 Minneapolis.. 306.000 6.000 148 000 I Duluth 21.0(8) 2 000 St. Louis 810,000 45.000 67]000 I Toledo 6,000 3.000 4 000 1 Kansas City .. 327,000 10,000 19.000 i Peoria 46,000 80.000 76 000 Omaha 60,000 39,000 34 OlTl Indianapolis 6,000 6.000 Totals ....1,065.000 420.000 683 000 Year ago. . 1,405,000 512.000 585,000 Clearances Wheat Corn Oats New York .. 159,000 116.000 50,000 Philadelphia.. 202.000 38,000 1 Baltimore . . 548.0(J0 43.000 ! Xew Orleans. . 477,000 j Totals ....1,386.000 1 97,000 50.0(H) Year ago . . <113.000 17,000 INDIANAPOLIS CASH GRAIN —Aug. 29 Bids for car Jots of grain and bay at the call of the Indianapolis Board of Trade were: Wheat—Through billed, easier; No. 2 red. sl.Ol (ii 1.02. Corn—Easier; No. 3 white. 64 @54 Hr; No. 4 white, 53©53 % c; No. 3 yellow. 54% ©ssc; No. 4 yellow. 63% ©s4c; No. ,3 mixed, 63 ©53% c: No. 4 mixed, 62 (<C 53 %r. Oats —Steady; No. 2 white, 30% ©3lc; No. 3 white. 30©30 Vac. —lnspections Wheat-—No. 1. red. 1 car; No. 2 red. 1 car; No. 2 hard, 1 car: No. 2 hard. 1 car; No. 3 hard, 1 car; No. 3 mixed, 1 car. Total. 6 cars. Corn—No. 2 white. 4 cars; No. 3 white. 12 oars; No. 4 white, 8 cars; No. 6 white. 6 cars: No. 6 white, 3 cars; No. 2 yellow, 7 cars; No. 3 yellow. 11 cars; No. 4 yellow, 18 cars; No. 5 yellow’. 19 carß: No. H yellow. 13 cars: sample yellow. 1 car; No. 2 mixed. 2 cars; No. 6 mixed, 1 cars. Total, 105 cars. Oats—No. 2 white. 20 cars: No. .3 white, 8 cars; No. 4 white, l car. Total, 29 cars. Total number of cars for day, 142. Grain prices quoted f. o. b. basis, 41 %c to Now York. TEXTILE MILLS REOPEN Settlement of Wage Scales Leaves Way Only Tartly Clear. By United Financial NEW YORK, Aug. 29.—Lawrence textile mills now are back on the wage basis In effect prior to March 27, when the strike of textile workers began because of an attempted 20 per cent wage cut. The Pemberton and Methuen plants will resume under the old wage scale effective Sept. 5. Now that the labor troubles are over and the textile mills are back at production, a coal shortage In New England may force them to curtail operations before they really start. Is feared. Various factors are regarded as Influences toward price inflation, but dry goods merchants and jobbers generally believe that higher prices for grain crops must come before the consumers as a whole will listen to higher prices in clothing, no matter how good the argument back of them.
JAP SILK MEM FORM GROUPS TOJJFJ PRICE American Importers Believe Action Will Be Financial Boomerang. By United Financial TOKIO, Aug. 29.—Japanese raw silk producers have combined to enforce artificially high prices for their product. They have announced an agreement to withhold at least 30 per cent of Japan's raw silk production from the market. They also have agreed not to sell whenever prices tend downward. Thus, by curtailing supply and withdrawing offerings, they intend to keep the cost of raw silk—and consequently of all silk cloth and silk manufactures—permanently jacked up to the stiff level of the war-boom days when the world went wild over silk shirts. About two hundred Japanese raw silk magnates, who control that industry in this country, signed this agreement at a recent meeting in Yokohama. Instructions to obey were sent to every local raw silk producing guild throughout Japan and an execu- ! tive organ established to carry out ! the program. Raw silk production is the greatest , item of Japan’s exports, and by far : the biggest factor in her foreign trade 1 with the United States—which is the world’s greatest buyer of Japanese 1 raw silk. Some authorities here believe Japanese silk men are short-sighted. They say that America will do without silk, or get its supplies from Italy or China, rather than continue permanently to pay war peak prices, artificially maintained, to Japan. They eee the possibility of serious injury to a basic industry of the Japanese. TERSE MARKET NOTES WASHINGTON, Aug. 20.—American export* of raw cotton in July 38 per cent lower than July of last year, the Department or Commerce announced today Total exports in July were 373,742 bale*. v>> aed at $42,560,378. compared with 598,907 bale* in July. 1921. Exports for the seven months ended with July show a very slight decrease. Actual values, however, showed an increase of more 1 than 2o per cent In favor of this year. NEW TORE—The semi annual report of th American Smelting and Refining Company which will appear about Sept. 10 will ehow no balance for the common stock for the first halt year after payment of Interest. taxes arid preferred dividend*. The earnings, however, are showing encouraging increase and it is believed that with higher prices for lead and zlno and the i better average for copper earnings for the j second half year may show as much as 2 i per cent on the common. CHlCAGO—Drought continues over the I greatest part of the com belt Considerable fear is held out for an early front which would prevent the crop from hardening properly. The foreign situation is more encouraging to traders now than at any time this season. The prospective economic union between Austria and Italy is regarded as the first move to improve the European financial condition. KOSSE, Texas.—After viewing the test of the discovery wetl of the Humphreys Oil Company which showed 14.000 barrels a day. Colonel Humphrey said: “Mexla It small compared with the Kosse field showing*. Kosse promises to be another opening of a great oil pool.” NEW YORK—While not yet ready to mak* public the names of the companies involved. H K. Mailinson. president of the H. R. Mallinson Company, says that the merger arr >ng>'ments have practically been completed with one silk concern and negotiation* are proceeding with another. NEW YORK. Aug. 29.—The weighted Index of the wholesale trade in this district computed bv the New York Federal Reserve Bank In .n reports received from 122 dealers In ten commodities, shows that July sales ! were 2.3 per cent greater than sales of July 19. CHlCAGO—President Jackson of the Chicago k Eastern Illinois, says: "Stx hundred cars of coal were loaded along the lines Aug. 27 against 800 to 1.000 before the coal strike and I believe all mines In the district wtl be working full capacity the first week in September.” MINNEAPOLIS Twenty-one Northern Pacific trains were discontinued July 21 because of shopmen s strike, but have been restored and ten other trains will be restored in a day or two, making the service 100 per cent normal. Assistant General Passenger Agent McNeill, announced. BIRMINGHAM—Testa of the Delavaud pipe making process at the local plant of the U. S. Cast Iron Pipe and Foundry Company have proved so satisfying that early announcement of pipe being placed on the market Is expected.
INDIANAPOLIS STOCKS —Aug. 20— Stocks Bid. Ask. Ind By A Light com 67 ... Ind Ry A Light pfd 8414 89% Indpls. St. Ry 63 .... Indpls X W pfu 45 ...l i Indpls A 8 E pfd 80 T H T & L. pfu 75 T H I & E oom 1 4 T H I A E pfd 4 10 U T of Ind com 2 IT. T. of Ind. Ist pfd 10 ... D T of Ind 2d pfd 1 4 Advaneedßumely pfd 57 ... Advancc-Rumely com ... Am Creosotlng pin 97 ... •Belt R. R. oom 53% 67H •Belt R R pfd 61 Century Bldg Cos pfd 94 H ... Citizens Gas Cos 21 H 24 H City Service oom 194 107 City Service pfd 67Vi 70 American Central Life Ins.. . 300 ... Dodge Mlg Cos ... Home Brewing 40 ... Ind Hotol com 88 ... •Ind Hotel Cos pfd 99 ... Ind Natl Life Ins Cos 3 ... •Ind Title Guarantee 60 ... Ind. Pipe Lines . . 92 98 Indpls Abattoir pfd 45 49 •Indpls Gas 47H 52 Indpls Tel pfd 90 ... Indpls Tel com t ... Mer Pub Util pfd 62 ... Rauh Fertilizer Cos 49 ... Natl Motor Car Cos 1% 3H Pub Savings Ins Cos C% ... Standard Oil of Indiana 113 Vi 115 Sterling Fire Insurance Cos ... Van Camp Hdw pfd 90 ... Van Camp Prod. Ist 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 Vi Wabash Ry com 12% 14 Bonds Broad Ripple 5s 61% ... Citizens St R R 5s 84 87% Indian Creek Coal A Mtn. 6s. .. 100 Ind Coke and Gas 5s ... Indpls CAB 5s 92% ... Indpls A Martinsville 55.... 69 ... Indpls Northern 5s 48% ... Indpls St By 4s 84% 68 Indpls A N W 6s 55% 61 Indpls A 8 E 5s ~..40 ... Indpls Shelby & S E 65.... 05 ... T H. I. A E. 5s 65 Citizens Gas 87 89 Indpls Gas 5s 87% 90 Kokomo M A W 5s 88% 9l Ind Hotel Cos 6s .....100 ... Indpls Water 5s ... 06 % 100 Indpls. Water 4Vis 81 Vi ... Indpls. T. & T. 5s . 84 88 Indpls L & H 5s 92% 94% IT. T. of Ind. Os 00 64 Mer H k L 6* 99% ... New Te! L D 5 97 New Tel Ist 6* 97 ... South Ind Power 6s 87 93 CLEVELAND PRODUCE By United Financial CLEVELAND, Aug. 29.—Butter—Extra* In tubs, 414441 Vic: prints. 42@42Hc: firsts, H9@39%c: packing stock. 23@25. Eggs—Fresh gathered Northern extra*. 32%e; extra firsts. 30Vic; Ohlos, 27c: Western firsts, new cases. 26c. Poultry—Live, heavy fowls. 22c: roostses. 14® 15c: spring ducks, 20® 23c.
HEAD BLOWN OFF Farmer’s Body Is Found at Home Near Flatrock Cave. By Times Special COLUMBUS, Ind., Aug. 29.—The body of Arch Jeffries, 63, was found with the head blown off at his home near Flatrock Cave yesterday afternoon. A shotgun was found near by. Jeffries is believed to have committed suicide. CHICAGO PLANS MUSEUM Construction Work Will Be Under Way by 1923 Is Hope of Sponsors. CHICAGO—PIans for the world’s most complete animal museum, to be known as to Chicago Zoological Garden, are gradually taking shape, and it is expected that construction work will be under way by the summer of 1923. Under the auspices of the Chicago Zoological Society, gradual but steady progress also has been made toward obtaining its equipment, and for raising the funds needed to carry the projeot through the successful completion without undue delay. This organization is headed by John T. McCutcheon. Life memberships will be sold as one means of raising required funds. About $1,000,000 will be neded. A committee comprising three commissioners and the chief engineer of Cook county is now in Europe studying zoological garden layout and construction, especially the Hagenback Gardens at Hamburg, Germany. The animal runways are to be as natural as It Is possible to make them within the zoo. This will mean that no fences or rough steel barriers will be used, but that other means of confining the animals will be utilized. Much of the site was donated by Mrs. Edith Rockefeller McCormick. The tract, between the Des Plaines river and Salt creek, is ideal for the purpose. Title to the property is in the name of the county, which is charged with construction and maintenance of the garden. The Chicago Zoological Society will seek to effect construction largely from public subscriptions, yet it is believed necessary that maintenance be left In the hands of the county. The success of the institution, the promoters say, depends on having its maintenance assured. It is estimated that $150,000 a year will be required.
Tl KINGDOM IS IRffIERED' Island on Cliff Top Resists All Attacks With ‘Army’ of Threo Men. HONOLULU, T. H.—The kingdom that never was conquered; the kingdom with the smallest standing army on record, three men; the kingdom cf Naulolo, behind its walls of mountain and surf in an almost forgotten corner of the Island of Kauai, is being “rediscovered.” This ancient domain, the only part cf Hawaii which King Kamehameha the Great oould not bring under his scepter when he routed all other rivals in battle and united the islands, lias been reopened. A rope ladder once again dangles from the Nualolo cliffs in the identical place, fastened through the same holes cut in the rocks by the Hawaiian warriors of long ago. The kingdom of Nualolo is on the northwest coast of the Island of Kauai of the Hawaiian group, in the heart of a wonderful precipice section which rises abruptly from the sea In almost perpendioular cliffs from 2,500 to more than 4,000 feet in height. It comprises nine valleys, three large and six small, each ending at the sea In a precipice. There are only three practicable ways of getting into the old domain. One is by an almost inaccessible trail upward from the ocean front, a second is by another and steeper trail over the mountains from the land side, and the third, and easiest, is by rope ladder from Nualolo beach and thence over a narrow winding path. The latter route recently has been reopened by the placing of anew rope ladder where its predecessors hung many years ago. “One guard sat at the top of the Honuapo beach precipice with a pile cf rocks at his side. Only one enemy at a time could climb the trail and in case of attack the guard dropped a stone on each enemy as he appeared from below. “At Naulolo. where the trail is up a ladder, one guard was stationed at the top of the ladder with a stone ax. “On the Kamaile trail from above on the land side a guard with a pole waited in a niche in the cliff out of sight of the approaching enemy.” CHICAGO PRODUCE By United Financial CHICAGO. Augr. 29.—Butter—Receipts. 14,523 tube: creamery extra*. 36c; extra firsts. 32 % ® 34c; firsts, 30@32e: packlhg stock, 23® 24c. Exits—Receipts, 13.800 cases; current receipts (misc.j, 23 %® 24 He; ordinary firsts. 22® 22 He: firsts, 26@26%c; checks, 17@17%c; dirties, 18 ®lß%c. Cheese—Twins (new). 19c; daisies, 19c: young Americas, 19%@200: longhorns, 20®20%e; brick, 18%@18%e. Live poultry—Turkeys, 25c: chickens, 17® 21%c: springs. 23%c; roosters. 2L4c: geese. 18o; ducks, 21c.
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 7101
AUG. 29, 1922
GOAF PRODUCTION FIGURES PER MAN GIIIEJLS. LEAD Average Mine Worker Produces 700 Tons Yearly Against 223 Tons in England. BRITISH INCREASE OUTPUT Use of Machines Chief Cause of Difference, Says Bank of Commerce Publication. NEW YORK—A comparison of American and British figures for coal production shows the average mine worker in the United States produces more than 700 tons yearly while the output in the United Kingdom is at present reported to be only about 223 tons per worker, the National Bank of Commerce in New York say3 in its magazine. Commerce Monthly for September. “A substantial increase in the productivity of British miners has been effected since the British coal strike of 1921,” the Commerce Monthly says. “In 1913 the average annual iutput per worker employed was 258 gross tons, and in 1915 it was ircreased to 265 tons. Following that year, however, the average output dropped steadily until for the year 1920 it amounted to no more than 182 tons, but the current output of coal is reported to be at an annual rate of about 223 tons per worker. While this is still below the pre-war rate, it represents a considerable Increase over previous postwar years. “The average output per man in the United States is in striking contrast. The 1913 average was no less than 681 tons and it was steadily increased to 768 tons for the year 1918, declining to 743 tons In 1920, the latest available year. “This striking difference is due largely to the greater use of machine mining in the United States. Prior to the war lss than 9 per cent of British output was machine mined, against 43 per cent for the United States. Since then there has been some Increase in the use of machines in the United Kingdom, particularly in the Scottish fields, where about one-quarter of the output is now mined by machine. In the Welsh fields, however, only 2 per cent of the output is machine mined.”
WILL NAME RIFLEMEN Committee to Select Guard Team For National Meet. The rifle team to represent the Indiana National Guard in the national matches at Camp Perry, Ohio, next month, will be chosen at a committee meeting held at the Statehouse today. MARRIAGE LICENSES Arthur A. Mercy. Thirty-Fourth and Arlington: Georgia A. Company, 4915 Park Ave. Harry J. Galloway. 725 Parkway Ave.; Catherine H. Noel, 2421 Brookside Ave. Stanley G. Pfleffer. 2959 E. Michigan St.; Grace A. Lange. Warren C. Baker. Tipton. Ind.: My’a M. Hostetler. 2819 Kenwood Ave. Clarence W. Long. Orleans, Ind.; Lela M. Shields. 1455 Oriental St. Charles W. Rogers. 833 S. Missouri St.; Ruth Genier. 918 lowa St. Harvey Carrol!. 807 Johnson St.; LlKi* B. Williams. 720 Johnson St. George A. Parker. 2335 Massachusetts Ave.: Nellie Perkins. 043 Eddy St. Hersohell Whittaker. 5110 Norway Dr.; Marie B. Jacobs. 5345 E. Washington St. Victor P. Jones, 515 N. Tacoma St.: Jc'la I. Washburn. 844 River Ave. Morton Tapp. 2112 Indiana Ave.: Cecelia Kelly. 1524 E. Twentieth St. James V. Martin, Ft. Wayne, Ind.; Paulin* B. Reid. 810 N. Delaware St. John N. Nichole. Terre Haute, Ind.; Mil* dred B. Stanfield. Terre Haute. Ind. Charles M. Myers. 1002 Beulefontaine St.t Clara Kosehnick. 22 E. New York St. Edward J. Lohrmann. 2418 Prospect St.: Marguerite R. Driscoll. 2502 Prospect St. Charles W. Benefiel. 6 W. South St.; Mra Jennie E. Abeele. 619 Madison Ave. George F. Ryan. 57 W. McCarthy 9t.| Irma M. Baumann. 737 W. Orange Bt. John V. Yatsho, 1150 Bacon St.; Margritt Harrison. 1120 E. Pratt St. Bert Reed. Jr.. 837 Birch Ave.: Laura Oliger, 1232 Blaine Ave. BIRTHS Girl* Fred and Ague* Kongel. 2158 N, Sonata. Herschel and Mary Coats, 037 Luett. Richard and Suala Powell, 1740 Harvay. Oils and Lucille Sanders, 444 W. TwentyFlrt. James and Leah Brawn. 931 Bates. Joeph and Margaret Coughlin, 1233 Naomi. Samuel and Sadie Lowden, 1228 8. East. Cecil and Rosa Faught. 543 N. Meridian. Glrdie and Ethel Waller. 1430 Blaine. Robert and Elisabeth O’Brien, 423 W. State. Willard and Geraldine GemmlU, 0108 Ashland. Oliver and Lena Stelnkamp, St. Vincent'* Hospital. Dallas and Claribell Chappell. 509 Bell. Boys William and Lizzie Qualls, 1011 Luett. Andre wadn Bessie Fernkaa. 1839 Lee. Lucian and Daisy Cochran. 3382 Roosevelt. Silas and Abbie West. 2528 E. TwentyFifth. Charles and Leota Alton, 921 Doach. J. R. and Elsa Brant. St. Vincent’* Hospital. John and Loretta Vie. St. Vincent’s Ho*pital. David and Margaret Kllllon. 631 N. Bellview. Charles and Sophia Bramlett, 6858 N. Illinois. Harry and Grace Adams, 1108 N. Warman. DEATHS Royal Robinson. 08. city hospital, chronlo Interstitial nephritis. John H. Keeker. 04. 185 W. Nineteenth, chronic parenchymatous nephritis, Joanna P. Yount. 70. 1035 V. Rural, chronic myocarditis. Harvey G. Utterhack. 78. 2518 8. Pennsylvania. chronic myocarditis. Thomas Padden, 66, 840 Harrison, chronic myocarditis. Hartley Patterson Wilson, 14. Methodist Hospital, appendicitis. Margaret Well*, 15, 1220 Tremoni, lobar pneumonia. Infant Robert Caeear, 4 hours, 1728 S. East, nonclosure foramen ovale. Peter F. Harris, 68, 3232 W. Pratt, valvular heart disease. Nath an an L. May. 41, 324 N. Pine, lobar pneumonia. William Edwards. 24, 820 N. Senate, acute dilatation of heart. Harriett Wails, 54, Methodist Hospital, acute pneumonia.
