Indianapolis Times, Volume 35, Number 125, Indianapolis, Marion County, 4 October 1922 — Page 10

10

STRENGTH SHUN IN STOCK MARKET AT DArSOPENING Standard Oil, on Dividend News, Makes Highest Price on Record. FOREIGN SITUATION GOOD • Observers Believe Secondary Reaction Has Reached Culmination. Twenty active industrial stocks ■ Tuesday averaged 98.90, up 1.29: , twenty active rails averaged 91.96, up i 1.20 per cent. By United Financial NEW YORK, Oct. 4.— The Wall Street Journal today says: The market opened strong on the New York Stock Exchange today. Standard Oil of California, on news of the 100 per cent stock dividend, , had a big spread. 7.000 shares selling ’ between 131 Vi to 134. This is the highest price on record and compares with the previous close of 128. Standard Oil of New Jersey was higher at 204%. Consoliated Gas again got above 140 while Delaware Lackawanna and Western touched another new high at 143. Foreign news continued good and foreign exchange opened firm with Sterling up % cent. Market Is Active The entire market continued active and strong and few if any remain who question that the secondary reaction has reached its culmination with the lo wprices on last Saturday. Call money renewed at 4Ja per cent. Strength in the Standard Oils continued and soon spread to the inde- . pendent oils. In a few instances there were recessions from the early highs but in almost every case these were frac- . tional. Standard Oils and National Biscuit, which have been exceptionally strong In recent trading, showed large fractional changes between sales, but on the whole remained near their tops. Marks Are Lower Trading in Standard Oil of California from 10 to 11 o'clock totaled 40,100 shares. The high was 134, up 6 and the low 131. Anew record low for German marks passed unnoticed with other foreign exchanges firm. LOCAL BANK CLEARINGS Indianapolis bank clearings Tuesday were $3,571,000; bank debits were $6,868,000. NEW YORK MONEY MARKET By United Financial SEW YORK. Oet. 3.—Time money unchanjed. Commercial paper, prime, 414 per cent; others, 44* per cent. foreignTexchange By United Financial NEW YORK. Oct. 4.—Foreign exchange opened firm. \ Sterling—Demand. $4.40 *4 : cables, s4.4o**: up %c. French—Demand. 7.55%c; cables. 7.69 c; up .01c. Lire— Demand. 4.26 Vic: cabie*. 4226 c: ail .00 %c. Dr china—Demand. 3.20 c; cables. 3,25 c. Belgian—Demand. 7.13 c; cables. 7.13 Vac; up .01c. Guilders —Demand. 35.72 c: cables. 38.75 c; up ,05c. Marks—Demand, .04 He; off .OOHe. Drachma—Demand. 3.20 c; cables. 3.25 c. Swiss—Demand. 18.06 c; cables. 18.58 c: up .01c. Guilders —Demand, 38.72 c: cables. 38.75 c: up ,05c. Pesetas—Demand. 15.12 c; cables, 15.14 c: up ,01c. Swede—Demand. 26.43 c; cables. 26.47 c; off -01 c. Norway—Demand, 17.71 c: cables. 17.75 c; up -27 c. Dane—Demand. 20.50 c: cables. 20.54 c; up ,06c. NEW YORK LIBERTY BONDS —Oct. 3 Prev. _ _ High. Lew. Close, close. L. B. 34s . 100.70 100.00 100.04 300.70 L. B. Ist 4%5. 100.10 100.00 100.04 100.02 L. B. 2d 4%s 99.80 99.74 99.78 99 74 .L. B. 4i,s ... 99 88 99.82 99 84 99 82 L B. 4th 4%5.100 10 99-96 100.00 10004 Victory 4\5..100 46 100.42 100.00 100 40 Call Victory. .a00J.4 10012 100.14 ... MOTOR SECURITIES (By Thomson & McKinnon) —Oct. 4 —Closing—- / Bid. Ask. Earl Motors ............... 1% 2 Col. Motors .............. 2% 2H Fackard com 15% 15*J Packard pfd 87% 8.8% Peerless 58 60 Continental Motors com 10% 1044 Continental Motors pfd . ~103 105 Hupp com 22% 23 Hupp pfd 105 110 Reo Motor Car i„.. 13% 13 44. Elgin Motors .... ..... 1% 1% 'Trnnt Motors % % Fo:J Canada . ...... ......406 410 National Motors .......... 2 3 Federal Truck 19 21 Paige Motors ...... _ ... 22 23 Republic Truck 2% 3 ACTIVE OIL STOCKS (By Thomson & McKinnon) —Oct. 4 —Closing— Bid. Ask. Anglo-American Oil 2044 20 T 4 Atlantic Refining. Lohos 9 9% Bome-Scrymser 440 460 Buckeye Pipe Line 97 99 Cheeehrough Mfg. Cons 200 210 Continental OU. Colorado... .143 145 Cosdeu Oil and Gas 5 11 Creecent Pipe Line 35 37 Cumberland Pipe Line 145 155 Elk Basin Pete 114* 11% Eureka Pips Line 95 98 Galena-Signal Oil. pfd 108 112 Galena-Signal Oil, c0m....... 52 54 Illinois Pipe Line 172 174 Indiana Pipe Line 97 99 Merritt Oil 8% 8% Midwest 0U............... 2 2% Midweet Rfg 226 National Transit 26 27 New York Transit. .........170 175 Northern Pipe Line ....108 117 Ohio OU 309 313 Penn.-Max 26 27 Prairie OU and Ga5.........640 650 Prairie Pipe 1ine...........267 270 Sapulpa Ref g .............. 3% 344 Solar Refining ......360 380 Southern Pipe Line. ........ 95 98 South Penn Oil 208 215 Southwest Penn Pipe Lines... 60 66 Standard Oil Cos. of Ind 1314* 124 Standard Oil Cos. of Kan..... 595 605 Standard .OU Cos. of Ky 109 109% Standard Oil Cos. of Neb 185 195 Standard Oil Cos. of N. Y 567 569 Standard OU Cos. of 0hi0.... .495 505 Swan A Finch _32 36 Vacuum Oil 546 550 Washington Oil 20 25 CHICAGO STOCKS (By Thomson A McKinnon) —Oct. 3 Open. High. Low. Close. Ar. A Cos. pfdJ.oo 100% 100 100 Com. Edison. 131 131 s * 131 13144 Con. Motors. 10 10% 10 10% Deere 4 Cos. pf. 74% .... 73% 73% Earl Motors. I s * 2 I*4 I*4 Lib. McNeill. 8 8% 8 8% Mont. Ward. 21% 22% 21% 22% - N Leathnew 8% 8% 8% 8% Pig. Wig A. 43% 43% 43 43% Quaker Oats. 99 99 98% 99 Stew. Warn.. 61% 52 44 51% 53 4s Swift A Cos. .107 108 107 107% Swift Inti... 23% 23% 23% 23% Union C. A C. 61 ** 63 % 61 % 62 Wrigley 107% 108 107% 107 44 Yellow Taxi. 74% 74% 74 74 LINSEED OIL By United Financial ; NEW YORK. Oct. 3.—The linseed oU market was qtrfet and steady. Domestic spot quiet at 86 @ 87: November and Dei oember. SI: January and ApriL 73874; foreign spot, S5, nominal.

New York Stocks (By Thomson A McKinnon) • —Oct. 3

Railroads— Preav. High. Low. Close. close. Atchison 105 Vi 104 44 105 104 % At. Coast L 121 119% 119% 118% 5* 0 65 44 54 % 55 ; }4 54 % Can. Pacific 147 145% 147 145 C. A O. 74% 72% 74% 72% C. AN. W. R. 92% 92 92 92% C. R. LAP 44 % 441. 4414 44 C. A G.W. pfd 15% 15 15 14% Del. A Hud. 136 133% 136 133% Del. A Lack..l42 136 142 135 Erie itj% 15*4 16%. Erie Ist pld 24% 24% 24% 24% Gt. No. pfd.. 93% 92% 93 Vi 92% 111. Central. 115% 114% 114% 114 K C. South. 24% 24 24% 24 Lehigh Val... 69 67% 69 67% M . K. A T.. 18 18 18 18 Mo. Pac. pfd 59% 08% 59 58% N Y Cen. .. 97 96V* 97 96 N Y N H A H 31 % 30 % 31 30 % No. Pacific.. . 86 Vs 86 % 86 % 85 Vi Norfolk A W.. 121 % 120 120% 119% Pennsylvania. 48 % 48 48 V* 48 Reading 79 77% 78% 77% So. Ry 25% 25% 20% 25 80. Pacific... 94% 93% 94% 93% St. Paul 33% 32% 33 V* 82% St. Paul pfd. 51 50 60% 48% St. LAs! W. 32 31 33 30% S L A S W p 60% 49% 50 49 S L A S F R 29% 28 V* 29% 28% Texas A Pac 29% 29 09 % 28 % Union Pac. . .150% 150 150 149% Wabash ... 12 11 % 11 % 10 Wabash pfd. 32*4 31 Vs 32% 31% West Pac..*-.. 17% 17 17 17% Pgh. A W. V. 38% 38% 38 Vi Rubbers — Ajax Rubber. 16% 15% 16% 16V Fisk Rubber 13% 13 13% 13 Goodrich Rub. 35 % 33% 35 34 V, Kelly-Spg 43 % 42 % 43 % 41 % K. T. AR. Cos. 8 7V4 8 U. S. Rubber 53%, 52 Vi 53% 52% Equipments— Am. C. A Fd..180 Vi IS6 188 186% Am. L0c0... 126% 124% 126% 125 Baldwin L.,.136% 133% 136V* 133% Gen. Elec... 179 179 179 177% Lima Loco.. 61 60 61 60 N. Y. Air 38 37% 37% 37% Am. Steel F. 44% 43% 44% 44 Pullman ....183% 132 133% 131% Ry. steel Sp. 122% 120 122% 118 West. Elec... 62 4s 63 62*4 62 Steels— Beth. (A)... 72% 72% 72% 72 Beth. (8)... 74% 73 74% 73 Cold. Fuel.. 33% 33% 38% 38% Crucibue .... 85 V* 83 % 85 % 84 % Gulf States . 87 % 85 % 87 86 % Laekawanua.. 80% 79% 80% 79% Midvale 34% 33% 34% 34% Otis 10% 10% 10% Replogle 33 32% 32 V* 32% R. I. A Steel 56% 50% 56% 66% U. S. Steel . .103% 103 103% 102% U. S. S. pfd 122% 122% 122 % 122% Vanadium ..40% 45Vi 46 40 Motors— Am. B. Mag.. 42% 41 42% .... Chandler M.. 62% 81% 01% 62 Gen. Motors.. 14% 14 14 14% Hupp M 22% 22% 22% 32% Hudson M.... 21% 20% 21 21 Max. M. 181 18 17% 17% 18 Mack M 57% 57 57% 57 Moon M.. .. - 15% 15% 15% 10% Martin Perry 36% 30% 30 Vi 30 Pierce-Arrow 13% 13% 13% 13% Studebaker .128% 127% 128% 127% Stromberg. . 56 54 % 55 53% Stew-Warner 62% 51% 52% 51% Willys-Over. 7% 7 7 7% White Mot.. 51 50Vi 51 50 Minings— Butte CAZ. 7% 7 7% 7% Butte Sup... 33% 33 33% 33% Dome Mines. 38 37 % 38 37 Int Nickel.. 17 18% 17 16% Tex GAS.. 57 56% 56% 55 V* Coppers— Am Smelt... 62% 60% 62% 60% Anaconda... 55% 52% 53 52 Vi Chile Copper 26% 25 % 26 25 94 Inspiration.. 46% 39% 46% 39% Kennecott... 35% 34 s , 35% 34 % Miami 28% 28% 28 Vi 28 Total sales, 1. TRADING IS MODERATE Bond Market Opens With An Upward Undertone. By United Financial NEW YORK. Oct. 4 —The bond market opened today with moderate trading and an upward undertone. Liberties held well and the foreign government issues were up on the continued improved international situation. Sinclair 7%s experienced heavy early trading and were at 106%. NEW YORK STOCK OPENING Ajax Rubber 16% Am. Radiater 127 Am. Can . 63 Am. Car Ind Foundry _...187% American Ice 112% American International Corp 35% Am. Locomotive 126% Am. Steel Foundry 44% Am. Sugar Ref 80% Am. Tel and Tel. 122% Am. Woolen 99% Anaconda 53% Atchison 105% Austin Nichols 30% Baldwin Loco 136% B A O. .: 65% Bethlehem Steel (B 74% Canadian Pac. Ry ....147% Central Leather 41 % Chandler Motor 02 Chi. Rock Island A Pac 44% Chili Copper 26% Coca Cola 75 Coeden Oil 49% Consolidated Gas 140 % Continental Can ....... 89 Com Products 117% Crucible Steel 85 % Cuban Am. Sugar.... 24 Del. A Lack 143 Dome Mines 38% Brie 15 % Erie Ist pfd 24% Elec. S. Battery 56% Famous Players 96 General Asphalt 63 % General Motors 14% Gt. North, pfd 93% Houston Oil 83 Invincible Oil 10% Kelly-Springfleld Tire 43 Kenncott Copper 35% Marine pfd 58% Maryland Oil 39% Mexican Petroleum 183% Middle States OU 13% Midvale Steel . 35 Missouri-Pao. pfd 59% National Biscuit .„ 190 North Am 95 V. Y. Airbrake 39 % N. Y. Central 97 New Haven ............. .—i. ... 31% Norfolk A Western 121 Northern Pacific 86% Pro. and Refiners 47% Pacific Oil 57 V* Pan American Petroleum 78 % Penna Ry 48% Pero Marquette 37% Phlla. Cos 44 Pore Oil 32% Reading 78% Rep. Iron and Steel 56% Replogle Steel 32 % Royal Dutch of N. Y 57 % Sinclair 34 % Skelly Oil * 11% Southern Pacific 94% Son them Ry 25% Standard OU of Cal 131 % ft 133 Standard OU of N. J 204% St. L. A S W. com 32% Stewart A Warner 51% Stromberg Carb 55% Studebaker 128 % Texas Coal and OU 26% Texas Cos 48 Tobacco Products 84% Transcontinental OU 15% Onion Oil 19% Union Pacific 151% TV. 8. Rubber 53% O. S. Steel 103% Utah Copper 68 Wabash 12 Wabash Ist pfd 32% Worthington Pump ....... 41% Westinghouse Elec 62% White Motors 51 COTTONSEED OIL By United Financial NEW YORK. Oct. 3.—Sales of cottonseed oil were moderate and the market was 2 to 11 points higher with eommißsion house trade on both sides. Outside interest not large and locals not Inclined to take a pronounced stand, but sentiment in the main is favorable and both Government reports buUishly construed. Crude oil advanced Vic from the recent saiqs with some trades at 7c In the Southeast with offerings light. A relief order was placed yesterday, it is understood for compound equivalent to about 6,000 barrels for October shipment. Texas seed sold at s4l per ton f. o. b. station, considerably below the ruling levels of crude oil. Cotton grinnings to date was about as expected by the oil crowd although the crop estimate of cotton appeared to be slightly above the average idea. Cash demand good and professionals remained friendly to the market. Lard dull and unchanged in face of easier hogs. English cotton oil 6 pence higher at 38sNAVAL STORES By United Financial SAVANNAH, Ga„ Oct. 3.—Spirits—Firm: regulars. $1 28: sales 322. Rosin—Firm; WW. $6 50: WG. $6.00; N. $5.60; M. $5.37% ; K, $5.35; I, B. G F, E, D. B. $5.30; sales. 2,959. Spirits—Receipts, 539; shipments, 491; stocks. 10.122. Rosin—Receipts. 2.717: shipments. 771; stock. 93,193: offerings, spirits. 822; rosin. 2,959.

Prev. High. Low. Close. Close. Magma 34 Vi 33% 34% 33% Utah Copper 67% 66% 67% 66% Ray Cons... 14% 14% 14% 14% U S Smelt.. 43 42% 43 Oils— Cal Petrol.. 64% 63 64% 62% Cosden 49 48 49 60% Houston Oil 82% 80% 82% 80% Invinc Oil.. 16 16% 10 15% Mex Petrol .183% 180 183% 179 Vi j Mid St Oil.. 13% 13% 13% 13% Mex $ B .. 20% 19% 20Vi 20Vi Pan Am Pete 78% 77% 78% 76% Pacific Oil.. 58% 56% 58% 56% Pierce 0i1... 6 5 % 6 5 % Pro and Ref 47% 40% 47% 46% Pure Oil .. 32% 31% 32% 31% Royal Dutch 68 57% 58 57% S Oil of Cal. 128 121 128 119% Md Oil . 40 % 39 % 40 % 39 % S. Oil of N.J.204 197% 104 107 Sinclair .... 34Vi 33% 34% 83% Texas Cos. . . 47% 47% 47% 47% iTex. C. A O. 26 Vs 25% 25 V* 25% Tr.-Con. Oil. 15% 13% 15% 13% Union 0i1... 19% 18% 19% 18% White Oil. . 7 % 7 % 7 % 7 % Industrials— Allied Chem. 84% 83% 73% 74% Allis Chaim. 56% 55% 56 V* 55% Am. Can,... 62% 59 62% 68% A H A L pfd 71% 71 71% 68% Am. Ice 113 111% 113 111 Am. Linseed. 39% 38% 38% 38% Am. Woolen. 99 98% 98% 98% Cent. Leath.. 41% 40% 41% 41 Coco Cola . . 73 % 72 % 73 % 72 % Comp. A Tab. 72% 71% 72 72 Cont. Can... 89% 86% 89 86% And. Johnson 86 84% 85% 84 Fam. Play.. 98% 96% 98 90% Gen. Asphalt 63 61% 62 s * 02% In. Paper... 58% 57 58 57% In. Harves .108 108 108 107% Loews 23 22 % 22 % 22 % May 5t0re5..134% 133% 134% 132 Mont. Ward. 22% 21% 22% 21% Nat. Enamel 03% 82% 63% 62% Owen Bottle. 42% 40% 42 41% Pitts. Coal.. 01 Vi 00 % 61 61% Sears Roebk 89% 89% 89% 89 United BAP 73% 73 73% ..... U S. R. Stor 83Vi 81% 83% 82% U, 9. C. I. P. 84% 33% 34% 33% U S Ind A1 63% 63 63% 62 Vi Worth Pump 40% 40% 40% 40% Woolworth .192% 189 192 Vi ... Utilities— Am T A T. 122% 121% 122% 121% Brklyn R T 24% 24% 24 % 24% Consol Gas .140 138 140 137% Col Gas ..11IV* 109% 110% 109 Vi People's Gas 94 % 94 94 95 % West Ur... .113% 112 Vi 112% 112 Shipping— Am Int Ccrp 35% 34% 35% 35% Am S A C.. 21% 21% 21% 21% Atl Gulf . . 30 30 30 30 % Int MM 14% 14% 14% 14% Int M M pfd 58% 57% 58 58% roods— Am Sugar.. 81% 80% 80% 79% Austin Nioh. 36% 35% 36% 35% Corn Prod. 116% 115% 116% 114% Cuba Cn Sug 14 Vi 14% 14% 14 Cub-Am Sug 24 23 % 23 % 23 % Wilson A Cos 47 % 46 47 ... Tobaccos— Am-Su.natr*. 40% 39% 40% 39 Am Tob Cos. 162% 161% 162% 160% ! Gen Cigar.. 79 79 79 79% Tob Prod... 84 % 84 % 84 % 84 % Miscellaneous Stocks— Alaska J.. 1% 1% 1% 1% Am Rsdiatr.l26 123 125 122 Tenn Copper 9 % 9 % 9 % ... Davison Chm 49 49 49 48 % Bleo 9 Bt.v. . 57 % 56 56 % 55 % Pere Marq.. 37% 38 Vi 37 % 36% No Am ... 94 % 94 % 94 % 94 V, Phila Cos .. 44 % 43 % 44 % 43 % Callahan 9 % 9 % 9 % 9 % I S Oil of Ind 121 % 118% 121% I Sales. 40.000. ,046.800 shares. NEW ADVANCES MADE Standard Oil Gains Are Feature of Curb Market. i By United Financial NEW lORK, Oct. 4.—Further rises iin Standard Oils featured the curb | market in the forenoon. Standard Oil of New York was at 570 as compared with Tuesday’s close of 5(18; Indiana went to 123%, toppm? yesterday's high by 1%; Kentucky climbed to U 9 and Vacuum was 555. In the motors, Durant was at 47Vi, Va point above yesterday’s close. The minings were featured by Canadalera. which established anew high at 57. Continental Motors opened at anew high of 10% and Imperial Oil at 122. NEW YORK CURB MARKET - m „ (By Thomson Sc McKinnon) —Opening—. I . Bid. Ask. Standard Oil of Ind. .123 123% Standard Oil of Ky. . .110 Hi tHtz 20 20% Boone jo 14 Boston and Montana . . 8 io Bostou and Wyoming: * „ 97 9R Carib 5*4 r, Engrs. Pete 25 "O SISF* Goodyear com pi- 10% Goodyear pfd 27% 30 Hardshell fl g Imperial OU 119% 120% K.rtJ PP,n ' 2 f * 23 2 Standard Oil of Tf-.i 123 1°3% Merritt 8 8% Mutual 11% 12 New Mex. A Arlz a Noble OH 20 ”2 Omar Oil and Gas 19-16 1% Penn.-Mex 28 31 Radio 4% 41Sapulpa 3 v 31* Salt Creek 16% 17 Anglo So. Africa 19 23 Cities Service 197 198 Cities Service pfd 69 % 70 % Citlee Service Bankers . . 20% 20% INDIANAPOLIS STOCKS —Oct. 3 Stocks T . _ . „ Bid. Ask. Ind Ry A Light com „ 68 ... Ind Ry A Light pld.*, „ 34% .... Indpls A S E pfd 60 Indpls St Ry 58 J g T A L pfd 83 88 T H I A E com.*- 1 . T H I A E pfd 7 % ~. . U T of Ind com 2 U T of Ind Ist pfd - 10 .... U T of Ind 2d pfd 1% Advance-Rumely pfd ... Advance-Rumely com 18 ... Am Creosoting pfd 98 ... ; Belt R R com 58 % Belt R R pfd 60 % .... Century Bldg Cos pfd 95 Citizens Gas Cos 22 ... City Service com 195 J9i) City Service pfd . 68 * ... American Central Life Ins. 200 Dodge Mfg Cos ... Ind Hotel com 86 .... Ind Hotel Cos pfd 97 ... Ind Natl Life Ins Cos 2% ... Ind Title Guarantee. 50 ... Ind Pipe Line 95 ... Indpls Abattoir pfd 45 % ... Indpls Gas 50 62 % Indpls Tel pfd P 6 Indpls Tel com 1 ... 51 er Pub Util pfd 52 ... Rauh fertilizer Cos 49 ... Nat l Motor Cos 1 . Pub Savings Ins Cos. 0% .... Standard Oil of Indiana... 116 .. Sterling Fire Insurance Cos. . 7 ... Van Camp Hdw pfd 90 .... Van Camp Prod Ist pfd. 97 101 Van Camp Prod 2d pfd ~.. Vandalia Coal Cos. c0m.... 1 ..„ I Vandalia Coal Cos pfd 9 .... j Wabash Ry com 11 ... Wabash Ry pfd ... .... Bonds Broad Ripple 5s 63 ~.. Citizens St R R 6s 84 ... Ind Coke and Gas 6s 86 ... Indpls C A Sos 96 ... Indpls A Martinsville 05.... 58% ... Indpls A Northern 5s 62 ... Indpls St Ry 4s 66% 69 Indpls A N W 5s 57 00 Indpls A 9 E 5s 40 ~. . Indpls Shelby AS E ss. .. . 60 ... T H I A E 5%e 71 Citizens Gas 5s 87 ~.. Indpls Gas 5e . ... 90 .... Kokomo. M A W 5s .. 90 ... Indiana Hotel Cos 6s 100. Indpls Water 4%s 83% Incpls Water 5s ....... 96% .... Indpls T A T os 85% ... Indpls L A H 5s 94% .... UT o find 6s : 63 % ... New Tel L D 5s 98 .... New Tel Ist 5s 98 South Ind Power 6s 87 92 CLEVELAND PRODUCE By United Financial CLEVELAND. Oct 3.—Butter—Extra in tubs. 40@40%c; prints, 48@48%c; firsts, 45@45%e; packing stock. 24 @26c. Eggs —Fresh gathered northern extras, 40c: extra firsts, 39c: Ohiog. 36c; western firsts, new cases. 35e. Poultry—Live, heavy fowls. 24@25c; roosters. 14 @ 15c; spring ducks, 19 @ 21c. Potatoes—New stock. s2® 2.25 a barrel.

THE INDIANAPOLIS TIMES

HOG PRICES DROP ON LOCAL MARKET Because Shipping Orders Are Few, Porkers Decline at Stockyards, Hog Prices Day by Day 250-300 lbs. 200-225 lbs. 150-1801bs. 26 [email protected] [email protected] 10.60,®10.70 27 10.40 10.40 10.40® 10.45 28 10 40 10.40 10.40 @10.45 29 [email protected] [email protected] [email protected] 30 10.00 10.00 10.00 Oct. 2 10.15@ 10.20 10.15 @ 1 0.20 [email protected] 3 1 o.lo@ 10.15 10.10 @ 10.15 10.00@ 10.10 Receipts of 9,500. a stale supply of 3,000, and few shipping orders caused hog prices to drop off sharply 35@50c at the local stockyards today. Heavies and mediums sold higher than lights. Pigs were off about 75c and sows a half a dollar. Even at these reduced levels buyers were reluctant to take the stock, and there was a large holdover for Thursday’s market. Cattle trading was dull and possibly a shade lower on the common quality, but fully steady on good stuff. Receipts were normal at 800. In the calf alleys prices were 50c lower, with receipts usual at 700. Heavy calves encountered a dull market. Lamb prices were 60c lower, while sheep ruled steady. Receipts were 400. —Hog*— 159 to 200 lbs $10.00010.10 Medium to heavy 10.10 @10.15 Top 10 15 Pigs 9.50@ 0.75 Packing sows 7.75® 8 00 Stags 0.25® 6.75 —Cattle Few choice steers [email protected] Prime corn-fed steers. 1,000 to 1.300 lbs 10.00 011.00 Good to choice steers, 1,000 to 1,300 lbs 9.25 0 9.75 Good to choice steers. 1.000 to 1.200 lbs 8.25 Q 9.25 Goody to choice steers, 1.000 to 1.100 lbs 7.75@ 8.25 Common to medium steers, 800 to 1,000 lbs 6.75 @ 6.75 —Cows and Heifers— Few choice heifers $ 8.250 9 25 Good to choice heifers 7.25 @ 7.50 Medium heifers 0 50 0 7.00 Common to medium heifers . . 6 50@ 850 Good to choice cows 025 @ a.75 Common to good cows 3.00 0 5.50 Cutters 2.75 0 3.25 Canners 2.00 @ 2.60 —Bulls— Fancy butcher bulls $5 00 0 6.76 Good to choice butcher bulls. 4.25 0 4.75 Bologna bulls 3.76 0 4.60 Light bologna bulls 3.25 0 3.76 —Calves— Choice veals $12.50013 00 Good veals 11.00® 12.50 Medium *vea!s 10 00 011.00 Lightweight veals [email protected] Heavyweight veals 8 000 9.00 Common heavier 5.00 0 6.60 —blockers and Feeders— Good to choice steers under 800 lbs $5 75 0 7.00 Medium cows 3 250 3.50 ! Bucks - 3.00 ! Yearlings 0.260 8 00 j Springers [email protected] I Common lambs 8.00 010,00 Culls 3.75 @ 6.00 —Sheep and Lambs— Culls $ 2 25® 350 Good to choice ewes 3.50® 600 Good to choice lambs 10.00® 13.00 Cull lambs ?.o<> Bucks 3 00 OTHER LIVE STOCK By T'nitrd Financial -CHICAGO. Oct. 3.—Hog*—26.000: market, slow. 23c lower, top. $lO.lO cH 1 ? °* ST'TO'&IO. hearv weight, medium weight. 5*.65<& 10.10: ll4 '^Lw Vel4fht - SO-OO'tflO; light light*. 50.33 US <*>; heavy pa* kinp c own. 57.30 8 8 30: parkin* bows. roiijKh, @ 0.25. Cattle—Kfveipie. 13.000: market steady to strong; choice and prime, $11,256$ 1-7)0. medium and pood s7.i>o& 11.25; common. good and choice. SO.lOtf 0 25 cow®. $3 75® 8.26: bulla. $3.6686 80; canners. cutters, rows and heiftira. $2.75® 3.H5: oanner ateera. veal calves, $3.75 8 25; frerlrr utter*. $5.75 H 8 26; gtocker steers $4 25 U 7 50; stocker cow* and heifers. $3.5005.23 Sheep— Receipts. 20.000 market, steady to weak: lambs. $12.50'u14; lambs, cull and common. $8.50 (a I 2/25. yearling w ether*. $8.75 €512.25; ewe*. $3.50€50.75; cull to common ewes. s2'it 3.75 YORK. Oct. 3.—Steer*—Supply liberal, market on common. s:>'<s 10; market on other*, sll (it 16. selected choice. sl9ls -0; demand, alow. Cows—Supply moderate; market, common. sß(ft 9 : demand, slow. Bulls—-Supply moderate; market on common. $7 7.25. market oil uther*. sß<v£o; heal kill. $7 50€j$0; demand, slow Kosher beef chucks and plates—Supply moderate. Kosher binds and ribs—Supply moderate; market, $18(g27; demand. fair. Veal Supply moderate, market. s2l fa 23; heavy sides, skin off. Sll'TilU; demand, fair Lambs Supply, fair; markpt. $25'g26: demand, slow. Mutton—Supply moderate market, good. sls 3 17; demand, slow. Pork—Supply. normal; market on choice, s2o€4 30. demand. moderate. CINCINNATI. Oct 3.—Cattle—Receipts, > 7,000; market, drill and weak, shipper*. $7 'tt 0. Calves—-Market, steady; exiras. sll 'a 12. Hos* —Receipts, 3,000. market, slow, weak, 2oc lower; good to choice packers, $lO. Sheep—Receipts. 700. market, steady, extras. $4 €s6. Lambs—Market. good, weak, 50c lower; seconds, steady, fair to good, sl3 (a 14 CLEVELAND. Oct. 3—Hogs—Receipt*. 1.600; market 25c lower, yorkers, $lO 25; mixed, $10.25; medium, $lO 25; pig*. $9.76; roughs, $9 75; stag*, $4.60. Cattle—Receipts 1.000; market, slow; good to choice bulls. so€£6; good to choice steers. $9.50€& 10.50. good to choice heifers. s7®B; good to choice cow*, $4.50©5.60; fair to good cows, $3©4.50: common cows, $1.50©3; milkers, $35©75. Sheep and lambs —Re ceipts, 1.000; market. 25c lower: top. sl3 75. Calves—Receipts, 000; market., siow; top. $13.50. EAST BUFFALO. Oct. 3.—Cattle—R* ceipts, 325: market, fairly active; shipping steers. $9.50(g 10.50; butcher grades. sß@ 9.50; cows. s2.sofa 6.25. Calves—Receipts, 700; market, slow, 50c lower, culls to choice, $4 @13.50. Sheep and lambs—Receipts, 2,000: market, active, steady, choice lambs, sl3<Jil4; culls to fair, s߀sl2: yearling*. [email protected]; sheep, [email protected]. Hogg —Receipt*, 5,600: market, slow. 26c lower, yorkers, $10.25: pigs. $10; mixed, $10.25; heavies, $10.25; roughs. $7.50 @8; stags $5 @5.50. EAST ST. LOUIS. Oct. 3.—Cattle—Receipts. 7.000; market steady; native beef steers. $10.25® 11.76; yearling* and heifer*. $5.50®8: cows. $.75€i7.75; canners and cutter*. $3.25 calves, slo® 10.25; stockers and feeders. $4.75(<£6.26. Hogs— Receipts, 14.000; market 15 €2 25c lower; heavy. $9.059.96; medium. [email protected]. lights. $9.25(39.90; light lights. $9(09.80; packing sows. pigs. $8.75® 9.50; bulk. $9.65(09 90. Sheep—Receipt*. 1.500; market steady; ewe*. S3O 6; canners and cutters, 60c052.50; wool lambs. $13013.25. KANSAS CITY, Oct. B.—Hogs—Receipts. 10,000; market 26c lower; bulk. $9,250 9.70; heavies. $900.70; butchers* $9,350 9.75: lights. $9.60 09.76; pigs, $9 09.75. Cattle—Receipts, 21.000; market steady; prime fed steers, $lO 011.90; plain to fair dreesed beef steers. $5.26010; western steers, $5.600 9; southern steers. $4 08; cows, $2.26 0 6.75; heifers. $4.25 09.60; stockers and feeders, $4.2507.76; bulls. $2.2504.25; calves. $5.25010. Sheep— Receipts. 8.000; market steady; lambs. $12.60014: yearlings. $10010.75: wether*. $7 07.75; ewes, $5 0 6.50; stockers and feeders, $1^.60013.75. BOSTON WOOL MARKET By United Financial BOSTON, Oct. 3.—Owins; to a shortage of stocks in local warehouses some of the larger wool houses yesterday advanced the price of scoured wools 5c a pound. The advance was also consequent upon the rise in foreign markets, equal to 5 to 8c on top making wools. Some 230,000 bales of wool will be offered at the Australian auctions this morning and a fine selection is expected. Sentiment is generally optimistic and some large operators are predicting a boom on the world wool markets shortly. INDIANAPOLIS PRODUCE Eggs—Fersh candled. 3le. Butter— Packing stock, 21c; fowl. 4 lbs. up. 22e: fowl, under 41b., 17c: leghorn fowl and springs. 25 per cent discount; springs. 21t>, under, 25c; springs, over 2 lbs.. 21c: cox and stags. lie: young tom turkeys. 12 lbs. up. 25c: young hen turkeys. 8 lbs. ud. 25c: RAW SUGAR MARKET By United Financial NEW YORK, Oct. 3.—Raw sugar. December. 3.49 c; March, 3.33 c: May, 3.43 c; July. 3.58 c.

IN THE COTTON MARKET By United Financial NEW YORK, Oct. 3.—Cotton opened firm, up 17c to 30c. responding to higher Liverpool cables and a bullish ginning report. Commission houses. Wall street, the trade and Liverpool bought. The market too*, the cotton report quietly, it being about as expected. Prices held steady shortly after its release at the opening advance of $2 a bale. The market closed firm: up 33 to 43 points. High. Low. Close. October 20.55 20.15 20 55 December 20.95 20.50 20.8,3 January 20.80 20.37 20.70 March 20.95 20.48 20.81 May 20.84 20.44 20.78 July 20.60 20.34 20.35 By United Financial NEW ORLEANS. Oct. 3. Favorable cables from Liverpool and report of increased consumption of American cotton caused the prices on the local cotton exchange to open up from 5 to 7 points. After two hours of trading prices reflected the influence of both buying and selling orders. Futures were affected by conflicting reports. The market closed steady: High. Low. Close. October 20.21 19 88 20.16 December 20 43 19.80 20.14 January 20.35 19.85 20 15 March 20.30 19.95 20 20 May 20.25 19.93 20.15 Spot 20.00 c. unchanged. By United Financial LIIVERPOOL, Oct. 3.—Spot cotton quiet; prices easier .sales. 5,000: receipts. 10,000, including 6.500 American. Markot closed quiet. Futures opened quiet. Open. High. Low Close. October 12.07 12.09 12.06 13.07 January 11.82 11.87 11.81 11.84 March 11.72 11.77 11.72 11.74 May 11.60 11.66 11.60 11.63 CAAIAI MARKET AT CHICAGO BEARISH Prices Open Higher Because of an Early Advance on Liverpool. By United Financial CHICAGO, Oct. 4.—Grain prices opened higher on the Chicago Board of Trade today in response to an early advance in the Liverpool market. Prices slumped in Liverpool, however, in the I, ter hours of trade and the action was reflected by considerable selling pressure i nthe local market. December and May wheat were evenly % cent higher on first sales. Receipts were extremely light at 461 cars. There was an unmistakable 1 bearish sentiment in the trade, after the early advance. Corn receipts were moderate at 300 cars, most of which was in the form of direct consignments. With large quantities of old corn in the country, the continuance of light receipts is believed to be the result of severe car shortages on the large western roads. Oats prices were slightly higher in ] sympathy with the other grains. Light i receipts, estimated at. 75 cars, gave oats some independent bullish sent!-; ment, however, and prices were slower to follow the decline of the wheat i Pit. CHICAGO GRAIN TABLE —Oct. 3 By United Financial WHEAT— Op-n. High Low. flour rtf .. . . 104% 106% 104% 106 May... 108% 108% 1.07% 1.08% CORN— Dec.... .60% .61% 60% .61% May.*,. .62% 63% .62% .62% OATS — Dec.... .37 % .39 .37 % .38 % May... .38% .39% .38% .39% LAUD— Oct 11.20 11 20 11.10 11 10 Jan. .. 9.20 9.25 915 925 RIBS—•Oct... .... .... **.. 10.37 RYE— Dec... 69% .70 69% .70 | May. . .73% .73% .72% .72% ; •Nominal. CHICAGO CASH GRAIN By f nited Financial CHIC A 30. Out. 3.—Wheat —No 3 hard, j $1.07 *-4 Corn—No. 1 yellow. 664 c; No. 2 I yellow. 06067 , *0. No 3 yellow, 65 ** ft 1 No 4 yellow, 05 L* ft 66 \ <': No f> yellow, 65 \c; No 6 yellow. 04 b* ft 05c. No. 2 mixed, 06 H 67c No 3 mixed. 00o; No. 2 white. 660 07c; No. 3 white, 60*40. No 4 white. 05 (a 60 %c: No 5 white. 05 He. Oatfr—No 3 white. 40 0 41 Vic; No. 4 white. 39’ir standard 38% 040 Vic. Barley—sß '<~i 65. Rye—7o*4 ft j 71 He. Timothy—sso6.2s. Clover seed —< 313017. INDIANAPOLiS CASH GRAIN —Oet. 3 Bid* for car lota of grain and hay at the j eali of the IndianapoilH Board of Trad* were: Wheat—Steady; No. 2 red. $1.0501 07 Corn—Strone No 3 white, 59*i00Or: No. 4 white, 68 s i 059 c: No *3 yellow. 60 1 ! 060 Vic; No. 4 yellow. 9 l * ft 600. No. 3 mixed. 58V4 059 c: No 4 mixed. o?**®sßc. Cat* —Strong;. No 2 w hite. 37 V* 039 c; j No 3 white. 37 0 88c Hay—Eaaier; No 1 timothy’ $15015.50; No 2 timothy, $14.50015: No. I light clover, mxied. $14014.50; No. 1 clover hny. $13,500 14. —lnspection* Wheat—No 2 red. 8 car*; No 3 red. C far*; No. 2 hard. 3 car*; No. 3 mixed. I car; *ample. 1 cir. Total. 15 car*. Corn—No. 3 white. 0 car*: No. 4 white. 12 car*; No 5 white. 5 ar*: No. 0 white. 2 car*; sample white. 1 care: No 2 yellow. 2 cars. No. 3 yellow. 0 cai * No. 4 yellow, 5 car*; No. 6 yellow'. 4 car*; No. 6 yellow, h j <*ar*; sample yellow, 1 car: No 5 mixed. 3 cars; No. 0 mixed. 1 ear. Total. 69 car* j Oat*—No. 2 white. 10 carp No. 3 white. 3 carp. Total. 19 ear* Ry**—No. 3, 1 car Total. 1 car Total number of cars for day. 94. Grain prices quoted f. o. b. basis. 41 Vic to New York. PRIMARY MARKETS (Thomson A McKinnon) —Oct. 3 Receipts Wheat. Corn. Oats Sioux City... 11,000 67000 22,000! St. Joseph. . 68,000 20.000 86.000 Chicago . . 183,000 1,035,000 512.000 Milwaukee . 11.000 62.000 83,000 Minneapolis.. 757,000 14.000 91,000 Duluth 648,000 47,000 24.000 St. Louis... 159,000 118.000 134,000 Toledo 60,000 13.000 187,000 Detroit 11,000 6,000 12,000 Kansas City. 230.000 20,000 32,000 Peoria 54,000 49.000 45,000 Omaha 91,000 56.000 18,000 Indianapolis .. 5,000 120,000 32,000 Totals . . .2.288.000 1.627.000 1,288,000 Year ago, .1,444,000 1.916,000 914,000 Shipments Wheat. Corn, Oats Sioux City.. 1,000 32,000 18,000 Bt. Joseph... 13.000 14,000 2,000 Chicago ... 62,000 523,000 286,000 Milwaukee .. 0,000 259.000 30,000 Minneapolis.. 201,000 15.000 119.000 Duluth 671.000 St. Louis... 101.000 81.000 89,000 Toledo 14.000 4.000 4,000 Kansas City. 190,000 8,000 9,000 Peoria 8.000 24,000 66,000 Omaha 40,000 48,000 69,000 Indianapolis.. 3.000 29.000 10.000 Totals . . . 1.209.000 1.033.000 700,000 Year ago.. 1,200,000 763,000 322,000 Clearances Wheat. Corn. Oats. New York 05.000 236.000 Boston 160,000 30.000 Baltimore . . 32,000 New Orleans. 207.000 60,000 Totals .. . 399.000 125,000 260,000 Year aog.. 256,000 31,000 LOCAL WAGON WHEAT No. 2 wagon wheat. 88c. No. 3 white oats. 30c. CHICAGO PRODUCE By United Financial CHICAGO, Oct. 3. —Butter—Creamery extra, 42%@42%c; standards, 39c: firsts. 34 % @ 37c: seconds, 32%@33%c. Eggs— Ordinary, 25@ 26c; firsts, 28@35c. Sheese— Twins, 22@230; young Americans. 22@23c. Poultry—Fowls, 14 @ 23c; ducks. 22c; geese. 18c; springs. 19c: turkeys. 25c: roosters, 1.3.

I BUY AND SELL

DUESENBERG MOTOR STOCK 415 LEMCKE BUILDING

LIQUOR QUESTION ROMEO BY COURT DECISION IN OHIO Four States Will Take Vote on Prohibition Issue at Fall Election. CONSTITUTION IS ASSAILED Fine Point of Law Involved in Coming Beer and Wine Referendum. By United Press WASHINGTON, Oct. 4. Decision of the Ohio Supreme Court that the people of that State have a right to vote on a beer and wine amendment on their State constitution in November has given new impetus to plans for similar referendums in a number of other States. At least four States will vote in November on the same question, thus precipitating anew legal battle over prohibition for the United States Supreme Court to settle. The issue now raised is this: Can a State, through an amendj ment to its constitution, nullify or I evade a provision of the Federal conj stitution? Other States Considering Massachusetts. Illinois, California and Texas are considering similar referendums this fall on beer and wine. The Texas vote is understood here to have been blocked. In Indiana and Michigan efforts will be started this week by G. C. Hinkley of the Association Against the Prohibition \mendmerit to organize like referendum votes. Hinkley lef’ for Ohio to direct the referendum campaign. He also will go into Michigan and Indiana. In Massachusetts 500,000 names have been signed *o referendum petlt’Ol’S. In Illinois another half million signatures were gathered and the question goes on the ballot. MILDRED HARRIS LOSES TRUNKS Actress Failed to Pay Her Booking Agent $1,850 sos Placing Act, He Says. By United Fetes ST. PAUL, Minn., Oct. 4.—Mildred Harris Chaplin's vaudeville act was -seriously crippled when her trunks, wardrobe and salary were legally attacked by J. VC. Rubenstein, a Chicago booking agent, who claims the divorced wife of Charlie Chaplin owes him $1,850. Almost everything Mildred wears; both on the street and on the stage, is under lock and key, and she Is faced with temporary- abandonment of her act or appearance in limited costume, pending an attempt to release the things attached. Rubenstein claims to have drawn up a contract under which Miss Harris was to appear twelve weeks in vaudeville nt a salary of $1,750 a week, of ivhieh S2OO a week was to go to Rubenstein. The booking agent says the movie star paid him SSOO and that ail his attempts to collect the rest have been in vain. FISH WAGS THREE TAILS Also Whistles When It Is Tickled and Has Homs. NEW YORK. Oct. 3—A fish that whistled and blew itself up when tickled, was scooped out of the water at Blue Point yesterday by Clarence Seaman of Patchogue. It was about four inches long, had one eye, a head like an owl and three tails, which it waggled all at once. Oh, yes, it has horns all over its body. After Seaman caught it the fish got so mad it. blew itself up, whistled three times and expired. He is going to take it to the Aquarium in New York. BASEBALL KILLS BOY "Foul” Goes Into Crowd Watching Game in the Park. PHILADELPHIA. Oct. 4. Edward Shell, 15 years old, was killed by a batted ball as he was watching a game. The boy was one of a crowd of spectators into which a foul was knocked. A man standing in front of the lad dodged and the ball struck the boyjust above the heart.

Domestic There’s nothinß- more bewitching. I declare, Than you so neatly stitching Things to wear. No words have I to wheedle One so fair: But please don't leave your needle In my chair! —Life. Unbiased Judgment Mr. Buldge to usher) —Say. is this a good play? Usher —Why, yes. I think it’s very good. Mr. Buldge (to wife): There, mother, I told you it was a. good play.—Life. On the Avenue First Male Stroller —Those Goodrich twins have fin* figures. Second Male Stroller —Yes, about a million each.—Life. Jack’s Ajax Act Lightning recently struck a statue of Captain John Smith and cut the head of. Evidently Pocahontas can't be as spry as she once was.—Life.

Newton I Todd

Through a Sieve Woven Finer Than Silk Portland to meet the exacting specifications of leading engineering societies and the United States Government, must be ground so fine that at least 78 per cent will pass a sieve having2oowires per linear inch, A silk handkerchief has but 110 threads perinch —an excellent quality of silk dress goods 187 threads. The watch inyourpockethardly !• calls for a more complicated / carefully adjusted process of manufacture than the making oicement. Grinding is only oneof thermany operations required ta make it Yet in grinding alone, seewhatifi required; The rocks from the quarry; often as big as a piano and heavier, go first into a gigantic “coffee milL” It bites at these huge chunks, chips them, and finally’ crushed them—to pieces six inches or so in diameter/ , •- / >Two finer mills follow; -one-after * the other, reducing the stones to the size of coarse sancLAfterthis, they must be ground in a great re* •volving cylinder half filled with steel balls, until every cubic foot of the rock has beenreducedto 14 ibillion pieces—until85 percent of them will shake througiurdewa ! thatwillactually holdwater,asleve I with 40,000 hiolee to the square ! , %And alio! this !s less than 'half the necessary grinding. The coal must be ground. For the object of all this fine grinding of the rawma* ‘ terials is only that it may be fused into crystalline clinkers. And to fuse it requires pulverized cod-?* or its equivalent* Most plants use . pulverized coal ■ The coai must be ground & fine *as the raw stene- Eighty-five per ' cent of it or thereabouts must gp / through the sieve that holds / water. And that often means w 6 grinding operations, - There is still the clinker to be ground. It is glass-hard to begin with. It must be ground first to the fineness of sand, and then ground and reground in another cylinder J of steel balls—until at least 78 per cent of it will go through the - 6ieve woven finer than silk. Huge bowlders to an impalpable dust. Common coal to an impalpable dust, and finally, after the burning, glass-hard clinker to an impalpable dust. That is the making of cement. And eight heavy grinding operations are required in the process. Grinding is only one of the lesser heat and power consuming operations in cement manufacture. PORTLAND CEMENT ASSOCIATION ctA National Organization to Improve and Extend the Uses of Concrete Atlanta Dei Moines Parkersburg San FraodlCi Boston Detroit Loa Angeles Philadelphia Seattle Chicago Helena Milwaukee Pittsburgh St. Louis Dallas Indianapolis Minneapolis Portland, Oreg. Vancouver, B.G* Denver Kansas City New York Salt Lake City Washington, D.C*

Better Yet Indianapolis Toledo Detroit Service Leave Indianapolis 12 ;00 noon, arriving • at Toledo in sealed cars at 3:30 a. m., Detroit 8:00 a. m. Returning leave Detroit 12:00 noon, Toledo 9:30 p. m. and arriving in Indianapolis 10:00 a. m. This is better than express service, hut at freight rates. This train is rightfully named the “Aeroplane.” Union Traction Company of Indiana

TRY A WANT AD IN THE TIMES. THEY ALWAYS BRING RESCUE

0CtT47i922