Indianapolis Times, Volume 35, Number 95, Indianapolis, Marion County, 30 August 1922 — Page 10
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GENERAL STOCKS SHI STRENGTH ON WALL STREET Numerous Industrial Issues Advance to High Levels for Year. RAIL AVERAGES FIRMED With One Exception, Leading Group Recovers From Late Declines. Twenty active industrial stocks Tuesday averaged 100.7, up 1.49 per cent; twenty active rails averaged 61.92, up 1.33 per cent. By Vnitrd Financial NEW YORK, Aug. 30.—The Wall Street Journal today says: Stocks gave another demonstration of strength practically throughout the list on the New York stock exchange today. New highs for 1922 were attained by a long list of industrial issues including American Locomotive, Baldwin, Pullman American Brakeshoe, Endicott Johnson, United States Realty, American Radiator and numerous specialties. With the exception of the Alton issues which were under pressure of special selling, rails were strong, substantially recovering from the low level touched on their recent decline. Exceptional activities were maintained In even the low priced group. Last Monday's car loading of coal, however, had the equivalent of a tenmillion week and showed a gain of one-third over Saturday's closing, testifying to the rapid passing of the soft coal strike. Another gain in weekly car loadings was also reported for last week. These facts, as President Loree of the Delaware & Lackawanna points out, sufficiently refute interpretation which the striking shopcrafts seek to put upon the Interstate Commerce Commission report on locomotive inspection results. It is clear that when coal mining has been fully resumed the ralPoads will be handling a volume of traffic almost if not quite equal to the record. LOCAL BANK CLEARINGS Indianapolis bank clearings Wednesday were $2,375,000; bank debits were $5,290.000. NEW YORK MONEY MARKET By United Financial SEW YORK. Aug. 30—Commercial paper discounts at 4 and 4*4 per cent. Time money loaned at 4% per cent for sixty and ninety days and 4 % per cent for longer dates. Cail monye ruled 3% per cent: high, 4Vi per cent; low, 3% per cent. NEW YORkTiBERTY BONDS —Aug. 30— Prev. High. Low Cloee. close. L. B. 3%5...100.84 100 70 100.80 100.94 L. B Ist 4%5.100.72 100.60 100.58 100.70 L. B. 2d 4 s,s. 100.20 100.10 100.12 100.22 L B. 3d 4 Vis . 100.44 100.28 100.30 100.44 L. B.4th 4%5.100.56 100.38 100.40 100.58 Victory 4 "as. 100.72 100 68 100.70 100.70
FOREIGN EXCHANGE By United Financial SEW YORK. Aug. 30. —Foreign exchange opened easier. Sterling—Demand. 4.45%, cahiee 4.46%. oil V 4. French—Demand. .0769, cables, .0769 Vi. off .0005. Belgian—Demand. .0731%, cables. .0732. off .0007. Marks— Demand. .0006%. off .0001%, Drachma.— Demand. .0320. cables. .0325. Swiss—Demand. .1902. cables. .1904. Guilders—Demand, .3889, cables. .3892. up .0007. Pesetas —Demand. .1551. cables, .1553. off .0001. Swede—Demand. .2641. cables. 22645. off .0003. Norway—Demand. Jl6Bo, cables. .1684. up .0004. Dane—Demand. .2144, cables, .2148, up .0008. MOTOR SECURITIES (By Thomson & McKinnon) —Aug. 30— —Closing— Bid. Ask. Farl Motors 2 2% Col. Motors 3Vi 4 Packard, com 14 Vi 15 Packard, pfd 88 90 Peerless 60 61 Continental Motors, com .... BV4 BVi Continental Motors, pfd .... 95 100 Hupp, com 18 18 Vi Eupp, pfd 104 110 Reo Motor Car 14 14% Elgin Motors 1% 2% Grant Motors ........ Vi % Ford of Canada 382 370 National Motors 2 3 Federal Truck Paige Motors 20 21 Republic Truck 3% 3% ACTIVE OIL STOCKS (By Thomson A McKinnon) —Aug. 30— —Opening— Bid. Ask. Anglo-American Oil 19 % 20 Atlantic Refining, Lobos 10 11 Bonie-Serymser ......... ~...390 410 Buckeye Pipe Line 96 100 Chesebrough Mfg. Cons ....185 195 Continental OH. Colorado ....135 140 Cosden Oil and Gaa 5 11 Crescent Pipe Line .. ... 83 35 Cumberland Pipe Line 135 145 Elk Basin Pete 10 10% Eureka Pipe Line 90 92 Galena-Signal Oil. pfd.. new 100 " 103 Galena-Signal Oil. com ........ 51 53 Illinois Pipe Line 165 170 Indiana Pipe Line 26 27 Merritt On §% 9% Midwest Oil 2 2Vi Midwest Rfg 200 National Transit 26 New York Transit 160 170 Northern Pipe Line ........ 100 103 Ohio Oil 280 283 Penn.-Mex 2o 30 Prairie Oil and Gas ........ .590 600 Prairie Pipe Line 135 260 Bapulps Refg 3% Solar Refining 335 340 Southern Pipe Line ........ 93 96 South Penn Oil 210 220 Southwest Penn Pipe Lines .. 61 63 Standard Oil Cos. of Ind 114% 114% Standard Oil Cos. of Kan 530 550 Standard Oil Cos. of Ky 106 107 Standard Oil Cos. of Neb.... 175 183 Standard Oil of N. Y 440 450 Standard Oil Cos. of Ohio.-... .450 460 Swan A Finch .... 32 36 Vacuum Oil ..............460 480 ■Washington Oil 22 28 NEW YORK CURB MARKET (By Thomas A McKinnon) Closing— Bid. Asked. Acme Packing ....... 35 46 Curtis Aero. c0m...... 3 % 4 % Curtis Aero, pfd ...... 25 28 Boston A Montana ... 15 17 Boston A Montana Corp. 1% 13-16 Goldfield Con 8 9 Jumbo Extension 3 8 International Petroleum 22 22 % Kirby Oil 6 7 Nipissing 5% 6% Standard Motors ...... 4 5 Salt Creek 16 15% Tonepah Extension ... 2% 2% Tonopah Mining 2 1-16 2 3-16 United P S new 6% 7 U S. Light and Heat. 1% 115-16 TT S. Light A Heat pfd 1% 1% Wright-Martin 2 6 Yukon Gold Mine C 0... 92 100 Jerome ............. 3% 3% New Cornelia 18% 19% United Verde 28 29 Omar Oil 1 11-16 1 % Rep. 'lire ........... 30 60 CLEVELAND PRODUCE By United Financial CLEVELAND., Aug. 30.—Buter—Extra In tube. 41 ®4l He: printe, 42 642 4c: firsts. 396394 c: packing stock. 23625 c. Ergs—Fresh gathered northern extras. 52 4e: extra firsts. SO He: Ohios, 27c: western firsts, new cases. 26c. Poultry— Live heavy fowls. 22c; roosters. 14615 c: Spring docks. 20622 c. I
New York Stocks (By Thomson A McKinnon)
Prev. High. Low. Close, close. Railroads— Atchison 104% 103% 104% 103% At. Coast L. 118% 117% 118% 117% B. A 0 59 Vi 58% 58% 58% Can. Pacific 149% 147 Vi 149% 147 C A 0 77% 76 77 76 C. A N. W. R. 92 90 92 90% C.. R. I. A P. 46% 43% 45% 45% C.AG. W. pfd 22% 22 22 22 Del. A Hud. 128% 128 Vi 128% Del A Laeka.,lß3% 132% 133% 132 Erie 17% 17 Vi 17% 17% Erie Ist pfd. 27 % 27% 27 % 26% Ot. No. pfd. 95% 94% 94% 93% ni. Central. .110 Vi 110% 110% Lehigh Val. .. 70% 68% 69Vi 68% L. A N 138% 138 138% 137 Mo. Pacific 23 23% 23% 23% Mo. Pac. pfd. 60 Vi 60 60 Vi 60 N. Y. Central 99% 99 99% 98% N Y N H A H 33% 32% 33% 32% No. Pacific. . 89 % 89 89% 88 Vi Nor. A We5t.,119% 119% 119% 119% Pennsylvania. 47% 46% 40% 46% Reading .... 80 % 79 % 80 79 Vi So. Ry 27 Vi 27 27 27 So. Pacific... 95% 94 Vi 95% 95 St. Paul 34% 33 Vi 34 33% St. Paul pfd. 62Vi 52% 52% 52% St. L. A S. W. 33% 33% 33% 34 Vi St. L AS. F. R 31 % 31 31 31% Tex. A Pac.. 34% 33% 33% 34 Union Pac... .151 Vi 150% 151 Vi 150% Wabash 13% 13 13 Vi 13% Wabash pfd. 34% 34 34 34 West Pacific.. 20% 20% 20% 19Vi Pgh A W. V. 40% 39% 40 39% Rubbers— Ajax Rub... 12% 11% 12% 11% Fisk Rub... 27 20% 27 26% Goodrich Rb. 36 30 36 36% Kely-Spg. ...44% 43% 44% 43 K. T. & R. C. 8% 8% 8% 9 U. S. Rub... 58 67% 57% 68% Equipments— Am. C. A Fd.185 185 185 185 Am. L0c0...123 120 122% 120 Bald. Loco. .129 Vi 127% 128% 127% Gen. E1ec...185 185 185 185% Lima Loco.. 03 % 61 % 03 % 61 % N. Y. Airbk. 70% 76% 76% 70 Am. Steel Fd. 42% 41% 42 Vi 41% Pullman ...130% 127 130 120% Ry. Stl. Epg.ll6 113% 110 113 West. Airbk..loo 100 100 West. Elec.. 64 % 63 % 63 % 63 % Steels— Beth. A 77% 75% 75% ..... Beth. B 78% 77% 77% 77% Crucible ... 80 83 % 83 % 94 Gulf States.. 80 83 Vi 83% 85 Lacka 80% 78 78% 80 Midvale 35% 34 34% 34% Otis 11% 11 11 11 Vi Replogle ... 33 33 33 33 Rep. I. A 9.. 71 Vi 68% 09 72% Sloss Shes... 52 51% 52 51 U. S. Steel.. 104% 103% 103% 103% Vanadium ..53% 51% 62% 62 @ Motors — Chand. Mot. 62 01% 61% 62 Gen. Mot 13% 13% 13% 13% Hupp Mot... 19% 18 19 18 Hud Mot... 21% 20% 20% 21 Max. Mot. A 58% 68% 58% o 7 Max. Mot. B 10% 19% 1?% 19% Mack Motors 50% 55% 55% 60% Pierce-Arrow. 11% 11 Vi 11% 12 Studebaker .129% 128 128 129% Stromberg .. 53 % 53 63 % 64 Stew AVar... 48% 48% 48% 48% Wlilys-Over.. 7 6 % 0 V 8 Vi White Mot.. 48% 48% 41% ... Minings— Butte C & Z 6Ti BVi 6Vi ... Butte Sup... 30% 30Vi 30% 30% Dome Mines.. 39% 38% 39% 39 Int Nickel. .. 18 17% 18 17Vi Tex GAS.. 51% 50% 51 61 Coppers— Am Smelt... 65% 64% 64% 64% Anaconda ... 65 % 65 % 65 Vi 65 % Chile Cop... 23 Vi 22 % 22 % 23 Inspiration ..42 42 42 41% Kennecott. ■. 37% 37% 37% 37%
COTTON OUTLOOK POOR GoYemment Report Shows Weather Has Stunted Growth. By United Financial WASHINGTON. Aug. 30.—The Government weekly weather report aaya: The cotton crop made poor progress and continued to deteriorate in most sections of the belt. It was somewhat too cool, especially at night in the more eastern States but it was generally hot until the latter part of the week In the more western cotton growing districts. Showers were quite general In most sections from the Mississippi River eastward, but were mostly light and rather widely scattered in the eastern portion of the belt and unusually warm weather intensified drought conditions there. Progress of corn varied greatly during the week. The crop was considerably benefitted by rainfall in the Ohio valley States. Com made excellent progress in lowa until cooler weather set In the latter part of the week and its condition there was fair to very good. Hot dry weather has practically ruined the late com in Kansas and the earlier was seriously affected. Weather continued generally favorable for threshing the small grains in the more northern and northwestern States. The harvest was nearing completion in most of the latter districts although much wheat was still standing In Montana where harvesters were unable to keep up with the rapidly ripening grain. OILS FEATURE CURB Standard, Indiana, Sinks After Earlier Activity. By W. IT. GRIMES United Financial Staff Correspondent NEW YORK. Aug. 30.—Except for a midday lull the curb today saw an active five hours of trading at higher prices for practically all groups. How far oil stocks go to make the curb Interesting or uninteresting was shown today and late yesterday when that group broke Into quickened activity which contrasted with the rather slow trading of previous days. This activity gave the whole market a far more active appearance. While other oil stocks were falling fractionally, Standard of Kentucky was rising. Standard Oil of Indiana made its best price today above 114, but it dropped below that figure at the close, especially at midday and again in the late afternoon. Generally speaking, however, this stock was firm. Industrials were higher and the motors were strong. Stutz gained slightly. TRACTIONS HOLD INTEREST Speculative Rails Follow at Head of Curb Favorites. By TV 11. GRIMES Untied Financial Staff Correspondent NEW YORK. Aug. 30.—With scattered but outstanding features, bonds on the New York stock exchange today hung up higher prices than they have reached on any other day of the present week. Local traction securities were market leaders in activity throughout the day and most of them made advances of a point or more. Next to the tractions the leaders in activity and in price advances were the speculative rails. Missouri, Kansas and Texas 5s around 64% were up a fraction more than one. International & Great Britain 6s were up nearly as much and Denver & Rio Grande continued their advance. The trend of these bonds and not the reaction of the seaboard Issues after noon were characteristic of the speculative rail group. High priced rails and Industrials did we)l. Toward the close of the traiding Liberty 3%s showed good activity and made a day's high at 100.94. Liberties as a whole were quiet and unchanged however.
Pror. High. Dow. Close, close. Miami 29 % 29 % 29 % ... Utah Copper. 69% 69 69% 69% Raj- Cons... 16% 10% 10% 18% Oils — Cal Petrol... 64 63 63 63% Cosden 47% 47 47% 47% Houston Oil. 81 80 80 79% Invinc Oil.. 14% 14% 14% 14% Mox Potr#l .118 18% 180 184% Mid St Oil.. 13% 13% 13% ... Mex SB 23% 21 21% 22% Pan-Am Pet 81% 80% 81 80% Pac Oil 57 % 67 % 57 % 67 % Pierce Oil .. . 7 % 7 % 7 % 7 % Pro and Ref 44% 44 % 44% 44 % Pure Oil . . 32 % 32 % 32 % 32 % Royal Dutch 50% 60% 60% 50 St Oil of Cal. 111% 111 111% 111% S. O. of N. J.. 104% 173 183% 183 Sinclair 33% 33 33 Vi 33% Texas Cos. . . 48 % 48 % 48 % 48 Vi Tex. C. A O. 25 % 25 % 25 % 25 % T. 0U... 15 14% 14% 14% Union Oil ... 19% 19% 19% 19% White 0U... 8% 8% 8% 8% Industrials— Allied Chem. 88% 85% 85 % 85% Ad. Rumely. . 32 % 32 % 32 % .... Alliß-Chalmers 58% 57 Vi 58 57 Vi Amor. Can.. 61% 60% 00% 69% A. HAH L. pfd 74 73% 73% Amer. Ice 118% 117% 117% 118 Am. Linseed. 35 35 35 34 % Am. Woolen. 94% ' 94% 94% 94Vi Cen. Leather 42 Vi 41% 41% 41% Coca-Cola ... 71% 70 % 70% 71% Comp. A T.. . 73% 70% 72% 09 Cluett A P. . 08 08 % 68 06 % Cont. Can .. 85 83% 84 Vi 83% Er.dicott-J. . . 88 % 80 % 87 % 80 Famous Play. 95% 94 % 94% 94 Gen. Asphalt. 69% 07% 68% 07% Inter. Paper.. 58% 57% 57% 57% Inter. Har.. . .111 Va 110 111 109% Loews 20 19% 19% 19% May Stores .131 129% 130% 128% Mont. AW.. 20% 23 23 23% Nat. Enamel. 59 59 59 58% Nat. Lead.... 109 108'4 109 10S* Owen Bottle. 35% 35% 35% . . . . Pitta. Coal.. 09% 08% 68Vi 07% Seare-R0e.... 90 % 90 90 90 % United Drug. 80 80 80 .... U. S. R. 5... 79% 70 Vi 70 Vi 79 U. S. C. I. P.. 37% 30 30 38% U. S. In. Al. 07 6% 66% 06 Vim Worth Pump. 43% 43 Vi 43% 43 Utilities— Am. T. A T. 127% 125% 127% 124 Vi Brk. R. Trn. 26 25% 25% 25 Vs Consol. Gas. 140 Vi 138 138 139 Colum. Ga5..105% 102% 104% 102 People’s Gas 94 Vi 94% 94 Vi 93% West. Union.l2o % 119 119 120 Vi Shipping— Am. Int. Cor. 37 30% 37 35% Am. S AC.. 10 10 16 18 Atl. Gulf... 30 Vi 30 30% 30 In. M. M.... 17 Vs 15 15 14% In. M. M. pf. 60Vi 59 00% 59 Foods— Am. Sugar... 84 83% 83% 83% Am. Beet Sg. 47 Vi 47 Vs 47 % 48 % Austin Nlch. 30% 30 V* 30% 30% Am. Cot. Oil 27% 27% 27% 27 Vi Corn Pr0d...120 118% 119 119% Cuba C. Sg... 14% 14% 14% 13% Cub. Am. Sg. 26 25% 20 20% Tobaccos— Am. Sumatra 39 38 % 39 39 Am. Tb. Cos. 104% 103% 104% 103% R. J. Reyn B 53% 52% 53 53% Tob. Prod... 58 57 57 75% Miscellaneous Stocks— Alaska J.... 1 1 J ••• • • Am, Rad lIP 115% 119 113 Ten!). Cop... 10% 10% 10% 10% Dav. Chem.. 52% 52% 52% 6~% Elec. S. Bat. 47% 47% 47% 47 : Skelly 0i1... 10% 10% 10 % 10% I'ere Marquet 40% 39% 39% 39 Calahan .... 8% 8 % ••••• Laclede Gas. 93% 92% o*% 94 S. Oil Ond . 114% 113% 114%
CURB TRADES SHARPEN Standard Oil of Indiana Partly Recovers Losses. By W. IT. GRIMES United Financial Staff Correspondent NEW YORK, Aug. 30.—The sharp upturn In prices which started around midday yesterday apparently took the curb trading out of the doldrums In which it has been early this week and ! during the latter part of last week, I for the opening today saw some sharp I trading at firm prices. ! Standard Oil of Kentucky jumped to 106%. but it reacted quickly to 105%. Standard Oil of Indiana, however, which had been dropping fractionally, got above 114. Phillip Morris continued the erratic movements which have characterize* it for the last few days. Chesapeake & Ohio preferred and New Jersey Zinc were among the highpriced stocks which sold at better prices. LIGHT PORKERS STEADY Bulk of Chicago Receipts Sell at Former levels. By United Financial CHICAGO. Aug. 30 —Trade In light weight hogs was fairly active at the Chicago stockyards today and prices held steady. There was little doing in the other grades and the market was at about the average of Tuesday. Heavy stuff was little In demand. The receipts for the first three days of the week showed a falling off from last week, but that failed to strengthen the market materially. Fresh receipts today were 18,000, with a stale supply of 10,000. Only about 300 were received direct from other trailing points by the packers. Cattle were steady to 15c higher. Choice steers were in good demand. Fresh supply was 11,000. Sheep prices held steady. Receipts, 15,000. Only about 200 were forwarded direct from other markets. IN THE COTTON MARKET By United Financial NEW YORK. Aug. 30.—Cotton opened quiet and featureless wtth prices little changed from the previous close A little New Orleans and local liquidation was absorbed by the trade. The statement in the Government weekly weather report that cotton has made poor Srogress and continues to deterlortate conrmed private advices and the market held firm. The market clostd steady, off 5 to 10 points. High. Low. Close. October 22.74 22.53 22.54 December 22.83 22.03 22.65 January 22.09 22.47 22.51 March 22.73 22.54 22.50 May 22.03 22.46 22.45 July 22.40 22.40 22.40 Spot quiet, off 5 points. By United Financial NEW ORLEANS. Aug. 30.—Unfavorable cables from Liverpool caused the cotton market here to open weak today, 4 to 7 points under Tuesday's close. Futures grew stronger during the first two hours of trading and prices advanced 3 to 11 points above the opening. The market closed barely steady. High. Low. Close. October 22.35 22.10 22.10 December 22.35 22.14 22.16 January 22.23 22.00 22.00 March 22.23 22.09 22.12 Spot, 22.00, unchanged. By United Financial LIVERPOOL. Aug. 30,—Spot cotton opened quiet: prices steady; sales. 6,000 balee; receipts. 3.000. including 200 American. Futures opened quiet: The market closed steady. Open. High. Low. 12:30. October 12.90 12.90 12.83 12.85 January 12.04 12.86 12.00 12.02 March 12.58 12.58 12.55 12.57 May 12.45 12.48 12 45 12.47
TERSE MARKET NOTES NEW YORK.—Plans embracing a recapitalization of Otis Elevator will probably be submitted to stockholders within two months. President Furloy has been in Iteyl superintending this organization of an Italian subsidiary and his return has been delayed. As soon as he returns it is expected the plan will go forward Another 50 per cent stock dividend is probable to be allowed by a split up of the JIOO par common shares into four of $26 par. COLUMBIA. S. C.—l*, will be impossible for the southern counties of South Caroltna to make aa much cotton as last year. Excessive rains have caused much shedding of bolls. Weevil activity is Increasing since the first of the month. Deterioration is steadily increasing. Insects have eaten the top growth and now are working in the large bolls on the lower parts of the plant. Cool nights hold back development of the bolls and give the weevils a better chance for damage.
THE INDIANAPOLIS TIMES
SLOW DEMANDS REDUCE SWINE: RECEIPTS GROW Cattle and Sheep Prices Rule Steady as Sales Remain Normal. TEN BIG MARKETS Wednesday. Week-ago. Hogs 83.000 87.000 Cattle 30,700 48,000 Sheep and lambs 48,000 41,000 The falling market which developed Tuesday in the hog section of the local stock yards continued today, with fairly heavy receipts of 8,000 and a light demand pressing prices 15 to 25 cents lower. While bids of 25 cents lower were offered, the bulk of business was done at figures off about 15 cents from Tuesday’s prices. The top was $9.60. Cattle prices luled steady in the face of heavy receipts of 1,200. A good demand was in evidence and the quality of the day's run was good. Best steers brought [email protected]. In the calf market prices held steady, with 700 received. The general quality was poor, however. The top was sl3. Sheep and lamb figures held steady, with 1.000 received. The lamb top remained at sl2. —Hogs—--150 to 180 lbs $ 9.50@ 9.60 180 to 200 lbs 9.35ftj) 9.50 200 to 225 lbs.. 0.259.40 225 to 260 lbs 9.25(8 940 250 to 300 lbs 8.75® 9.25 Over 300 lbs 8.408 8.05 Top 0.00 Pigs 8.60 8 910 Light packing sows 7.00 8 7.25 Heavy mixed packers .., 0.508 7.00 Stags 6.50® 6.50 -CattleFew choice steers 9.60 8 10.35 Prime corn-fid steers, 1.00 to 1,300 lbs 8.508 9.50 Good to choice steers, 1,000 1,300 lbs 7.508 8.00 Good to choice steers. 1.000 to 1.200 lbs 0.758 7.50 Good to choice steers, 1,000 to 1.100 lbs 8.50 8 7.00 Common to medium steers, 800 to 1,000 lbs 5.508 6-50 —Cows and Heifers — Few choice hellers 7.608 8.25 Good to choice hellers 7.25 8 7.50 Medium heifers 0.508 7.00 Common to medium heifers.. 6.608 050 Good to choice cows 6 50 8 7.00 Common to good cows 3,00t{ 5.50 Cannerß 2.25 8 3.25 Cutters 2.00 8 3.00 —Bulls— Fancy butcher bulls 5.00® 5.75 Good to choice butcher bulls. 4.258 4.75 Bologna bulls 3 00® 3.50 Light bologna bulls 3.00® 3 25 Light common bulls 3.00® 3.50 —Calves— Choice veals 11.00 8 12 30 Good veals 10.00® 11.00 Medium veals 9 00U10 00 Lightweight veals 7.50® 8.50 Heavyweight veals 7 00® 8 00 Common heavies 0 00 8 7.50 Top 13 00 —Stockers and Feedsrs Good to choice steers under 800 lbs 5 25® 7 50 Mtdium cows 3.25 8 350 Good cows 3.75® 4.50 Good heifers 6.60® 700 Medium to good heifers 4.25 8 6 60 Miich cows and springers.... 35.008 85.00 —Sheep and Lambs— Culls ewes 2.00® 2.75 Good to choice ewes 2.75® 5 50 Bucks 3.00® 3.50 Yearlings 600® 8.00 Springers 10.50812 00 Culls 3.508 6 00
OTHER LIVESTOCK Bp United Financial CHICAGO. Aujr. 30—Hoir —Tleoeipt*. 18.i 000; market, active and Hteady, top. $9.75. bulk of *ale, heary weight. $7.70(8-9.23; medium weight. $8.&5 4j;9 75; lightweight. $9.40ft9.7.3; light lifhtt. $8.73 %9.80; heavy pa. km* mows. srt AO® 7.35; packing sows rough. s6(£6.6ft: pig*. $7.25 '{*B.so. Cattle—Receipts. 11.000; market, steady to 15c up; choice and prime. $10.35 (dll; medium and good. $8 lft'iilO.Oft; common. $6.25 8.15; good and choice. 13'd 10.60: common and medium. so<d,9.io; butcher cattle and heifer*. $4.85£49. cow*. $3 05(0-8; bulla. $3.85(0 6 60: canners. cutters. cows and heifers. $2 60ft3.75; calmer HUcrs. $3.75ft4.50: veal calves. sll ft 12.25; feeder steers. ss.6oft 8. stooker steers, $4.73 67.50: stocker cows and heifers. s3.soft 5.50. Sheep—Receipts, 15.000: market, steady: lambs, sl2 ft 13: lambs, cull and common. $8.50 ft 11.75: yearling wethers, $8.75 ft 11.25; ewes. $3.50 ft 7.50; cull to common ewes. $2 ft 4. CINCINNATI. Aug. 30.—Cattle—Receipts. 1.000; market, steady to dull and weak, shippers, s7ft 9. Calve*—Market, strong; extras. sl2ft 12.50. Hogs—Receipts. 6.000; market, slow. 25c lower; good to choice packers, $9.25 ft 9.50 Sheep—Receipts, 2.700: market. steady; extra*. $4 ft 6. Lambs —Market, steady; fair to good, sl3 50ft 14 CLEVELAND. Aug. 30.—Hogs—Receipts. 200; market, 5c lower; yorkers, $9 85; mixed, $9.85; medium*. $9.85: pigs. $8.50: roughs. $7; stags. $4. Cattle —Receipt*, 200: market, steady; good to choice steer*. s9ft 10; good to choice heifers. s6ft7; goou to choice cows. $4.50ft5.60: fair to g;ood cows. $3.50ft4.50; common cows, s2.ooft 3.50; good lo choice bulls. s6ft7. Micher*. $35ft75. Sheep and lambs—Receipts. 1.000; market, strong: top, $13.50. Calves—Receipts. 300. market, strong; top. $13.50. EAST ST. LOUIS. Aug. 30.—Cattle—Receipts. 3.500: market, slow; native beef st ear*. $8.25 ft 10.75; yearling steers and heifers. $9 ft J 0.25; cows. s6ft 8.75; Stocker* and feeders. $4 ft 7.25; calve*. $3.26 ft 7.60; ( aimer* and cutter*. $2.25ft 3.25. Hogs— Receipts, 10,000; market, steady, pigs higher; mixed and butchers. $9.50ft9.75: good heavies. $9.30ft9.60: roughs $6.75ft7.25; lights. $0.60ft9.70: pigs. sß.2sft 9.50; bulk. $9.55ft 9.70. Sheep—Receipts. 4.000 ; market, steady: mutton ewes. s4fto: iamb*, $10.50ft12; canners and choppers. $l<RB. EAST BUFFALO. Aug. 30.—Cattle—Receipts. 300; market, slow; shipping steers, s9ft 10.25; butcher grades. sßft9; heifers. t6 ft 8: cows. $2 ft 6: bulls. s3fts; feeders. sft 0.50; milk cows and stringers, $25 ft 110. Calves —Receipt*. 300; mark eta, slow; cull to choice. s4ft 13.50. Sheep and lambs —Receipts. 800: markets, active; choice lambs. sl3 ft 14; cull to fair, $7 ft) 12.50; yearlings. $0ft9.50: sheep, s3ft 7.50. Hogs—Receipts. 1,280; market, active; yorkers, slo.soft 10.65: pigs. $8.75 ft 9.25; mixed. $lO ft 10.66; heavy, $9 ft 10; roughs. $9 ft 10; rough*. $7 ft 7.25; staga, $4 ft 4.50. KANSAS CITY, Aug. 30.—Hogs—Receipts, 8.000; market, steady; bulk, sß.soft 8.75; butchers. $8 05ft 9.10: lights. $8.75 ft 9.10; pigs. $8 ft 8.50. Cattle—Receipts, 8.000: market, steady; prime fed steers. s9.soft 10.50: plain to fair dressed beef steers. $6 ft 9.50; western steers. $5.50 ft 9.25; southern steers. $3 26ft8; cows. $2.25 ft 6.50; heifers, $3.75 ft 9; stockers and feeders. s4ftß; bulls, $2.25ft 4.75; calves. foftlO. Sheep—Receipt*. 5.000; market. 5c lower; lambs. sl2 ft 13.25; yearlings. $9.25ft 10.50; wethers. $6.50ft7.50; ewes. $4.50 ft 7.25; stockers and feeders, $9.50 ft 12.50. PITTSBURGH. Aug. 30.—Hogs—Receipt*. 2.000; market. 5c lower: prime heavy hogs. $9ft9.40: mediums, $10.85 ft 10.40; heavy yorkers. $10.35ft 10.40: light yorkers. $0.75 ft 10.00: pigs. $9.50 ft 9.76; roughs. $7 ft 5; stags. s4fts; heavy mixed. $9.75ft 10. Catle—Supply, 50; market, steady; choice, so.Bsft 10.36; prime. s9.soft 10; pood, 5.50 ft 9.25: tidy butchers. $8 ft 8.75; fair. $6 ft 7.25; common, $5 ft 6: common to good fat bull*. $4ft5.50: common to good fat cows. $3.50ft5.50; heifers. $5(07.60: fresh cows and springers. $35 ft 55; veal calves. sl3; heavy and thin calves. ssft9. Sheep and lambs—Supply, 500: market, steady; prime wethers. s7ft 7.50: good mixed. $6.25ft 6.75; fair mixed. $5.25 ft 6; culls and common, slft3; lambs, $13.50. CHICAGO STOCKS (By Thomson & McKinnon) —Auff. 30— Open. Hirh. Low. Close. Ar. & Cos pfd 100 100 09 % 00 7 ,i Con. Motors.. 8% 8% 8% 8% Mont. Ward. 23% 23% 23% 23% Nat. Leather 7% 8 7% 8 Pi. Wig-. (A) 41% 42 41 % 43 Reo Motor.. 14% 14% 14 14 Stewart-W... 48% 48% 48 48% Swift & C0...106% 106 105% 100 Swift Inti... 21 21% 20% 21% Thomp (J R) 65 55 53% 63% U Car & Car. 59% 01% 59% 01 Wahl 60% 61% 00 % 60% Wrlsley ....104 106% 104 100% Yellow Taxi. 76 75 74 74 NEW YORK.—Federal Stifrar advanced; refined 10 points to 6.00 c.
CORN AND WHEAT BULLETIN For the twenty-four hours ending at 7 a. m„ Wednesday. Aug. 30. 1922. Temperg ature u -fs : ° 13.9 s! ~§ ||l *l§ a> u3 £ £.sjs_o 5£ South Band. .. 7. ~83 58 0 Good Angola 78 67 0 Good Ft. Wayne 80 60 0.40 Wheatfield 81 56 0 Good Royal Center.... 84 58 0 Good Marion 86 60 0 Good Lafayette 87 67 0 Good Farmland 85 57 0 Good Indianapolis .... 83 63 0 Go'id Cambridge City.. 80 58 0.17 Fair Terre Haute.... 88 64 0 Bloomingrton ... 01 62 0 Good Columbus 00 61 0 Good Vincennes 92 70 0 Good Evansville 88 70 0 jThT’armington. Meteorologist, Weather Bureau. WHEAT SELLING LOSES ACTIVITY Prices Run Lower on Account of Export Decline—Corn and Oats Fair. By United Financial CHICAGO. Aug. 30.—Wheat closed lower on the Chicago Board of Trade today while corn rallied toward the close of trading and sold fractionally higher. Selling of wheat was attributed to a decline in the Liverpool market and the heavy buying of Canadian wheat by exporters In preference to purchasing at the American markets. The buying in Canada was due to better shipping conditions. Some export buying appeared here on the drop. Corn early in the day was sold generally by professional traders who took advantage of the crop in wheat, more favorable weather reports of the corn raising districts of lowa and Nebraska and heavier receipts. Show's were reported in some sections of the corn belt where rain was needed. The oats market held up well in comparison with other grains. The cash demand for oats continued fair and active. The farmers are showing little inclination to market their crop and receipts today were only eighty cars. CHICAGO GRAIN TABLE —Aug. 30Bp United Financial WHEAT— Open. High. Low. Close. Sept... 1.01% 1.01% 1.00% 1.01 Doe 102% 1.02% 1.01% 1.01% May... 1.07% 110% 1.00% 1.00% CORN— Sept. . . .59 % .59 % .58 % .59 % Dec 53% .54% .53% .54% May... .57% .57% .50% .57% OATS— Sept... .32 -32% .31% .31% Dee 33% .33% .33% .33% May... .37% .37% .30% .37% LARD— Sept... 10.22 10.27 10 20 10.20 Oct 10.32 10.37 10.30 10.30 RIBS—•Sept •Oct .... .... RYE— Sept... .67 % .67 % .00 % 06 % Dec 70 .70 .00% .69% •Nominal. CHICAGO CASH GRAIN Bp t'nited Financial CHICAGO, Atifr 30.—Wheat—No. 3 rM. $lO3 ft 1.04 V, No. 2 hard. $1.04 ft 1.04 No. 3 hard. SI 03 \ . Coru—No 1 yellow. 61 Ue; No 2 yellow. 61 *ft 61 \<• No. 3 yellow. 61 €£6l V*c: No. 4 yellow. 60lac: No 5 yf*Low. 60ft 60 Uc: No 6 Yellow. 604<860*.e: No. 1 mixed. file No 2 mixed, 60* No. 3 mixed. 60c: No 5 mixed, o9V*fts9\o: No. 1 white. 61c: No 2 white. 60 \c: No. 4 white. 59 \ ft. 6oc; No. *5 white. 50 \c: No. 6 whlto, 58 \c. Oats—No. 3 white, 33 ft 34 No. 4 white, 330.
PRIMARY MARKETS (Thomson A McKinnon) —Auk 30— Rroelpts Wheat. Corn. Oats. Sioux City.. 7.000 4t,000 12.000 St Joseph... 38,000 31,000 0 000 Chicago .... 437.000 877.000 602 000 Milwaukee .. 8.000 30.000 30 000 Minneapolis.. 700 000 10.000 £16,000 Duluth .... 201.000 0.000 8 000 St. Louis.... 160,000 8.8.000 42 000 Toledo 7.000 16.000 0.000 Detroit 12.000 8.000 14 000 Kansas City. 254,000 23.000 32.00) Omaha 46.000 74,000 70.000 tndlanapolts... 8.000 147.000 68.000 Totals ...1.077.000 1,353.000 1,002.000 Year SKO. .2.760.000 1.004,000 077,000 bhipmentg Wheat. Corn. Oata. Sioux City 50.000 24 000 8t Joseph... 31.000 24,000 Chicago .... 402.000 754.000 236 000 Milwaukee . 41.000 4,000 10 000 Minneapolis.. 301,000 11.000 131,000 Duluth 142.000 St. 1.0u1a.... 100,000 75.000 47.000 , Toledo l ,000 ; Detroit 0 000 Kansas City. 275.000 26.000 12.000 Omaha 80.000 57,000 48,000 Indianapolis... 1.000 1.000 Totals ...1.623.000 1,011.000 524 000 Year ago. .1.732,000 1.172,000 010.000 Clearances Wheat. Corn. Oats. New York... 80.000 43.000 Philadelphia.. 350.000 21.000 Totals .. . 436.000 64.000 Year ago.. 453,000 17.000 INDIANAPOLIS CASH GRAIN —Aug, 30— Bids for ear lots of grain and hay at tho cal! of the Indianapolis Board of Trade were; Wheat—Easier; No. 2 red. 90o®$l. Corn—Easier—No. 3 whlto, 53%®54%c: No. 4 whlto, 52%@53%c: No. 3 yellow, 61 'it 55c; No. 4 yellow, 534(54e: No. 3 mixed. 62% <fj)s3%e; No. 4 mixed, 51 % ® 62 %c. Oats—Steady; No. 2 white. 30%@31%e; No. 3 whltS. 30 <ii 30 %e. —lnspections Wheat—No. 1 red, 1 car; No. 2 red, 2 cars 1 No. 3 red. 2 cars: No. 4 red. 2 cars; No. 2 hard. 1 car; sample, 1 car. Total. 0 cars. Corn—No. 2 white, 2 oars; No. 3 white, 9 cars; No. 4 white, 5 cars; No. 5 white, 2 cars; No. 0 while. 2 cars: No. 2 yellow, 2 cars: No. 3 yellow, 5 cars: No. 4 yellow, 2 cars; No. 5 yellow, 4 oars: No. 0 yellow. 5 cars; No. 5 mixed. 1 cars. Total. 49 cars. Oats —No. 2 white, 0 cars: No. 8 white, 3 ears; No. 4 white. 1 car. Total, 13 cars. Rye—No. 2. 2 cars. Total. 2 cars. Total number of cars for day. 73. Grain prices quoted 1. o. b. basis, 41 %c to New York. COTTONSEED OIL By United Financial NEW YORK, Aug. 30.—The early cottonseed oil market was very dull and prices barely steady at two decline to three advance. Trade was mainly local and tho market continued in an awaiting position for the Government cotton report. Lard was 2% points lower to 10 higher, hogs were firm and English lard weak. A better cash lard demand was reported and it was said that cash oil trade is showing some betterment. Crude oil remains firm at unchanged prices with offerings light and limited. CHICAGO PRODUCE By United Financial CHICAGO, Aug. 30.—Butter—Receipts, 10,702 tubs; creamery extras. 35c; extra firsts, 32% @34c; firsts. 30® 32c; packing stock, 23 IS: 24c. Eggs—-Receipts, 8,970 cases: current receipts (misc.i. 23% ® 24 %e: ordinary firsts, 22 Si 22 %c; firsts, 25@25%c; chocks. 17<ai7%e: dirties, 18 (g i 8 %c. Cheese—Twins (new), 10c; daisies, 19c: young Americas, 19%@20c: longhorns, 20@20%c; brick, 18%@18%c Live poultry—Turkeys, 25e: chickens. 18® 23c; springs, 24c: roosters, 14c; ducks, 19c. 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 stags 11c; young tom turkeys, 12 lbs. and up, 25c: young hen turkeys. 8 lbs. and up, 260; old tom turkeys, 20c; cull, thin turks not wanted: dux, 4 lbs. and up. 16c: geese, 10 lbs. up. 12c; squabs. 11 lba. to doz., $5.
PIG IRON ADVANCES Foreign Made Product Flushes Eastern Markets. By United Financial CLEVELAND, 0., Aug. 30.—Daily Metal Trade today says: Unavailing efforts of melters to cover urgent pig iron needs in the domestic market, are being taken advantage of by sellers of foreign made iron, considerable tonnage of which is being placed in the East. Some of this is going as far inland as Buffalo. Demand is such that Scotch iron is not to be had before October. Prices continue their upward swing. Some off-basic has been sold in the valley at $32 furnace. The sheet trade views present conditions akin to a war-time market. Extraordinary efforts are being made to obtain deliveries and premium prices are being paid. Sheet har scarcity and advancing prices are expected to carry sheets to still higher levels. All metals are firm but quiet. LEATHER MARKET STRONG Advance in Wholesale Shoe Prices Takes Place. By United Financial BOSTON, Aug. 30.—Quiet but persistent strengthening during the last four months in the hide and leather markets has caused some advance in wholesale cost of shoes and other products of leather. After a brief recovery, the early spring of 1922 saw some secondary relapse from which recovery of the past few months has developed under conditions which the trade has now come to believe augur a firm market henceforth. The largest demand now is for the heavier grades of sole leather, especially for men’s shoes. Shoe manufacturers' buying, in line with their shoe orders, has been steadily expanding.
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
I BUY AND SELL
DUESENBERG MOTOR STOCK 415 LEMCKE BUILDING
WATCH FOR the announcement tomorrow of a screen triumph (from a story read by 50,000,000 people from a stage play known to all in which a beloved veteran starred for more than 34 years 0 which 100,000,000 Americans will see You’ll want to see it! It will be the STATE FAIR WEEK ATTRACTION for the APOLLO
(^3>d
(Xwo) L <• /heatve j
Iff M 4% CONTINUOUS VAUDEVILLE I i|£ |ll Hi All the Time 1 Until 11 P. M. If flili MLLE.VERA&CO. KS> ■ ■ “THE ACT BEAUTIFUL" MYRON PEARL & CO.—BILLY GASTON & CO. Twyman & Vincent, Keefe & Lillian, Bovel & Baldwin, Ash & Franks, Paula Armstrong and Neville. | Dancing In the Lyric Ballroom Afternoon and Evening
Broadway Theatre
Season Starts SATURDAY NITE, SEPT. 2nd.
INDIANAPOLIS STOCKS —Aug. 30— Stock* Bid. Aik. Ind Ry A Light c0m....... 57 ... Ind Ry A Light pfd 84% 89% Indpls St Ry 64 Indpls NWpK €5 Indpls A 8 E pfd. ... T K T & L pfa 75 T K I & S com 1 6 T H I * E pfd 4 10 U T of Ind com 2 U. T. of Ind. Ist pfd ... .10 U T of Ind 2d pfd 2 8 Advonco-Rumely pfd ... Advance-Rumely com ... Am Cresoting pfd 97 % ... • Belt R R com 65 ... •Belt K R pfa 61 ... Century Blag Cos pfd 94% ... Citizens Gas Cos 21% 24% City Service com 192 198 City Service pfd 87% 69% American Central Life Ins... 200 Dodge Mfg Cos ... Home Brewing 40 ... Ind Hotel com 88 ... •Ind Hotel Cos pfd 99 ... Ind Natl Life Ins Cos 3 ... •Ind Title Guarantee 60 ... Ind Pipe Lines ... Indpls Abattoir pfd 46 49 •Indpls Gas 48 65 Indpls Tel pfa 90 ... Indpls Tel com 1 ... Mer Pub Util pfd 52 ... Rauh Fertilizer Cos 49 ... Nat'l Motor Car Cos 1% 3% Pub Savings Ins Cos 6 % ... Standard Oil of Indiana 113% 110% Sterling Fire Insurance C 0... 7 ... Van Camp Hdw pfd 90 ... Van Camp Prod Ist pfd 90% 101 Van Camp Prod 2d pfd 101 Vandalia Coal Cos com 1 3 Vandalia Coal Cos pfd 7 12 Wabaeh Ry pfd 34 35 Wabash Ry com 12% 13% Bonds Broad Ripple 6s 61% ... Citizens St R R 6s 84 88 Indian Creek Coal A Min. os. . . 100 Ind Coke and Gas 6s 80 91 Indpls CAS 6 92% ... Indpls A Martinsville 65.... 59 ... Indpls Northern 5s 40% ... Indpls St Ry 45.... 65% 67 Indpls & N W 5s 65% ... indpls & S E 5a 40 ... Inrlnls Shelby & 8 E 65.... 65 ... THIA Ess 68% ... Citizens Gas 87 90 Indpls Gas os 87 % 90 Kokomo M A W 6s 88% 91 Ind Hotel Cos 6s 100 ... Indpls Water 6s 96% 100 Indpls. Wateiv4% 81% ... Indpls T & T 5s 84% 88 Tndpls L & H 6s 92% 94% U. T. of Ind 6s 00 64 Mer H A L 65.. 99% ... New Tel L D 6s 97 New Tel Ist 0s 97 South Int". Power 6s 87 82
MOTION PICTURES.
The great special production, “IN THE NAME OF THE LAW” Ben Turpin in ‘Home Made Movies’
"NICE PEOPLE” With Wallace Reid, Bebe Daniels and Conrad Nagle Bobby Dunn In "Give Him Air*' International News Performances Star* lit SO—1:10—2:50 4:80—0:10—7 iflO—: 30
First Time at Popular Prices D.W. GRIFFITH’S “Orphans of the Storm” —With— Lillian and Dorothy Gish.
AMUSEMENTS.
BURLESQUE “JAZZ TIME REVUE” At Popular Prices WithAll Star Cast —Eight Scenes —Peppy Chorus.
AUG. 30, 1922
BONDS SELL RAPIDLY Local Tractions and Bails BboW Special Activity. By W. H. GRIMES United Financial Staff Correspondent NEW YORK, Aug. 30.—Getting away to a rather slow start, bond trading on tho New York Sock change today quickly swung IntoMM rather rapid pace, with prices in some cases only as good, but in other cases better than those reached on yesterday’s advance. Local tractions assumed the leadership in the early trading. Chicago & Alton 3%s were an exception to the advancing tendency in the speculative rails. These bonds quickly sold .down to 46, a loss of 6 points in the last two days. Missouri, Kansas & Texas adjustment 6s were up more than a point. Foreign bonds were quiet and many did not v.ome onto the tape until trading was well under way. French 7%s were a little more active than the others and were firm at 97. Liberties also were quiet at prices not greatly changed.
AMUSEMENTS.
MURAT JsrrL Tomorrow. GALA FAREWELL WEEK The Stuart Walker Company In Premier© of Htuart Walker'# Five Flights Up And The Gods of the Mountain Dunsany’s Masterpiece. IMPORTANT Curtain at 2:20 and at 8:20 sharp.
all next week, seats now MATS.—MON., WED., SAT. SPECIAL FOR STATE FAIR WEEK The Musical Comedy Sensation. Direct From All Summer—Garrick Theatre, Chicago. V**A**S Afl'CM-TW.-rtkU 5 ? PRlCES—Evenings. 60c, *I.OO. *1.50 *2. V All 3 Matinees, 50c, *I.OO, *1.60,
Newton Todd
KEITH’S Opens Labor Day STELLA MAYHEW AND ALL-STAR BILL Box Office Open Daily 9 A.M.
Monday, Sept. 4 C ptown ticket office at Clark A Cade's Drug Store, Claypool Hotel Bldg., Washington and lllinota Sts. iMtIBARNEsf |\ BiG TOUR |\//WILO (..'ANIMALrr/ [ CIRCUS'] I /LARGEST ELEPMANtX S IN THE EWORLD T> \ K A FOOT TALLER THAN ' TMt tTUPtNOOUSTSTH'YANb rAurav-, ALICE IN JUNGLELAND J.ATEST EDITION Os WO DUD 5 MOST OEOROSOUS OPULENT LYDICAL PEAOEANT SPeCTALE goo. 2 NILE OPEN DEN STREET PARADE lO:jO AM DAILY , PERFORMANCES 2 6-6 PM
MOTION PICTURES. A Great Program Guy Bates Post “The Masquerader” OVERTURE “Peer Gynt Suite” Stage Specialties DeLuxe Performances With Orchestra and Specialties 3 o’clock, 7:15 and 9:15 Attend the Matinee and Avoid tho Evening Crowd*
