Indianapolis Times, Volume 35, Number 137, Indianapolis, Marion County, 18 October 1922 — Page 10

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STOCKS COME STRONG, BUT SHOW TREND TO OOIET Mexican Petroleum Slumps After Too Rapid AdvanceStandard Holds Firm. ALL RAILS CONTINUE FIRM Speculation in Individual Stocks Continue to Draw Interest With Big Profits. Twenty active industrial stocks Tuesday averaged 102.60, off .16%; twenty active rails averaged 93.55, cff .15%. By United Financial *NE\V YORK, Oct 18.—The "Wall Street Journal today says: Mexican Petroleum at the opening of the stock market today showed the effect of ah all too rapid advance and after gaining Iy% on the initial sale sit 227>4, sold off to 225%. Standard Oil of Nev Jersey was up 7 * at 21b. Coppers, equipments and specialties continued to display strength. Anaconda gained % to 03%. Baldwin after opening unchanged at 1401 b ran up quickly to 141 3 S while Pullman was up 2*4 at 134. National Biscuit, after opening at 234, rose to 245, up 19. Manhattan Shirt gained l a s to 49 3 g and Famous Players 14 to 101 !t>. Steel common advanced % to 109%, but Studebaker last % to 13614. The rails were firm, New York Central and Southern Pacific showing fractional gains, while Atchison was off !£• Special movements in individual stocks was the feature of the first hour. Important financial interests which have been conducting arbitrage operations between old and ned National Biscuit stocks, continued to find these activities tremendously profitable. National Biscuit, new, sold up to 36*4 on the curb, which made the old stock on the big board worth around 253. But the stock exchange issues in the first hour were at 245’ i. United Fruit made anew 1922 high at 159, and Baldwin at 142%. In connection with the recent offering of a block of Mammoth Oil stock, which company is controlled by Sinclair, a canvass of several Wall Street houses indicates while all subscriptions for 1,000 shares or less were filled, allotments on larger subscriptions were cut down 50 to SO per cent. It is not known how much stock was involved in tho offering, but It is known that a large prtrt of the total authorized stock issue is tied up in strong hands, and in addition more than half of the issue at least is definitely out of the market. It Is understood that in due course the application will be made to list the outstanding shares on the New York stock exchange. LOCAL BANK CLEARINGS Indianapolis bank clearing* Tuesday were $3,572,000; bank debits were $7,761,000. FOREIGN EXCHANGE By United Financial NEW YORK. Oct. 17.—Foreign exchange opened irregular. Sterling, demand. $4.43%: cables. $4 44 French, demand 7.50 e: cables. 7.50 He. Lire, demand, 4.22 c? cables, 4.22 He. Belgian. demand. 0.09 He: cables. 7.00 c. Marks, demand .03 9-l Cc. up .00 He. Drachma, demand. 2.48 e: cables, 2.50 c. Swiss, demand, 16 44c: cables. 12.46 c, off 02c. Guilders, demand, 28.92 c: cables. 38 95c. Pesetas, demand. 15.29 c; cables, 15.31 c. Swede, demand. 26 73c; cables, 26.77 c. Norway, demand. 18.41 c: cables. 18 45c. Dane, demand, 19.94 c: cables. 19.98 e. NEW YORK LIBERTY BONDS —Oct. 17— Prev. High. Low. Close close. L. B. 3%s 100>0 100.60 100.72 100 84 L. B. 2nd 4s 90.16 90.52 L B. Ist 4Us 90.18 99.00 99.18 99.34 L. B. 2d 4 Us. 99.18 98 92 99.10 99 30 L. B. 3d 4Us. 99 28 98 94 90.28 99.30 L B. 4th 4Us 99.24 98.02 99.28 99.14 Victory 4Us . 100.24 100.10 100 16 100.23 Cad Victory*.. 100.20 90.08 100.20 100.02 MOTOR SECURITIES (By Thomson Sc McKinnon) —Oct. 18 n g—l— l Bid. Ask. Ea-1 Motors 1% 1% Col. Motors 2% 2 % Packard com 17 % 18 H Packard pfd 93 94 Peerless 58 60 Continental Motors com 10% 11 Continental Motors pfd 102 IU4 Hupp com 22 % 23 Hupp pfd 105 110 Reo Motor Car 13% 13% Ford of Canada............ 395 400 National Motors .. 2 3 Federal Truck IP 22 Paige Motors 25% 26% Republic Truck 2 2% ACTIVE OIL STOCKS (By Thomson & McKinnon) —Oct. 18— —Closing— Bid. Ask. Anglo-American Oil .. . .. . *2l % 21 Atlantic Refining, Lobos ~.. . 8 B*4 Borne-Surymser - . . . 440 460 Buckeye l*ipe Line 95 97 Chesebrongh Miff. C,rs 200 230 Continental Oil. Colorado .... 145 148 Cosden Oil and Gan 5 11 Creecent Pipe Line 3.5 38 Cumberland Pipe Line 1.53 158 Elk Basin Pete 12*4 12*4 Eureka Pipe Line 95 98 Galena-Signal Oil, pfd 110 112 Galena-Siamal Oil. com 52 54 Illinois Pipe Line 173 176 Indiana Pipe Line 95 97 Merritt Oil 8% BVj Midwest Oil 2 2Vi Midwest Rf* 225 ... National Transit 25 26 New York Transit . .:.173 180 Northern Pipe Line . 110 114 Ohio Oil 344 348 Peim.-Mex 28 31 Prairie Oil and Gas 675 690 Prairie Pipe Line 298 300 Sapulpa Rpfg" 3Vs 3% Solar Refining’ 390 410 Southern Pipe Line 95 100 South Penn Oil 200 210 Southwest Penn*Pipe Lines .. 00 04 Standard Oil Cos. of Ind 125 Vi 125 H Standard Oil Cos. of Kan 590 615 Standard Oil Cos. of Ky Ill 1 * 112*4 Standard Oil Cos. of Neb.... 185 200 Standard Oil Cos. of N. Y. ..550 554 Standard Oil Cos. of Ohio .. . .565 580 Swan & Finch 30 34 Vacuum Oil 635 640 Washington Oil 22 26 NEW YORK CURB MARKET (By Thomon & McKinnon) —<Jet. 17Acme Packing 32 37 Curtis Aero com 2% 3% Curtis Aero pfd 24 Boston & Montana 11 13 Boston & Montana Corp ... 80 85 Goldfield Con 8 Jumbo Extension 7 8 Kirby Oil - S 5% Nipissing 6*. 6% Standard Motors 3% 3% Sait Creek ...18% 19% Tonopah Extension ....... 3% 3% Tonopah Mining 2% 2% United P 6 new 7 7% U 8 Light and Heat 5% 5% C S Light and Heat pfd.... 1 % 1 % Wright-Matin 2 2% Yukon Gold Mine Cos . 90 95 Jerome 2% 3 New Come’la 18 19 United Verde 29 30 Sequoyah '2 2% Omar Oil 111-16 1 \ Bop Tire 20 40

New York Stocks (By Thomson Sc McKinnon) —Oct.. 17-

Railroads— Prev. High Low Close. close Atchison ...107% 107% 107% 107% Atl. C. Line..l23H 123 123 123% B. & 0 56% , 66 66% 66 Can. Pacific..l49% 148% 148% 148% c. & O 76% 75% 76% 75 C. & N.W.Ry. 92% 92 02% 92% C., R. I. & P. 45% 44 % 45 -14% Del. St Hud..138% 138 138 138% Del. & Lack. 111% 140 H 140% 141 Erie 19% 16 16 16 Erie let pfd. 25 25 25 25 Gt. N. pfd.. 04% 94 94% 94% 111. Central. .114% 114% ’14% 114% Kan C. So.. 24 24 24 23% Lehigh Val.. 71% 70% 70% 70% L. A N 144% 144 144 143% M. K. St T.. 17% 17% 17% 17% Mo. Pac. pfd. 60% 58% 60 U 68% N. Y. Cent.. 101% 99% 100% 99% N.Y.N.H.4H. 32% 32% 32% 32% North. Pac. . 87% 87 87 87% Nor. & West .122% 122 122 122% Penn 48% 48% 48% 48% Reading .... 81 % 79 % 80 81 % So. Ry 26% 26% 26% 26% So. I'ac 96% 95% 95% 95% St. Paul 32% 32% 32% 32% St. Paul pfd. 53% 51 51% 51 St. L. St S.W. 36 34 36 34% St.L.AS.W.pf. 57 53% 55% 53% StL &S.F.Ry. 29 28% 29 28% Tex. St Pac... 30% 30% 30% 30% Union Pac.. % 152 150% 151% 151 Wabash 12% 12 12 13 Wab. pfd 32% 32% 32% 32% West. Pac... 17 % 17% 17% 17% Pgh. & W. V. ,39% 38% 38% 39% Rubbers— Ajax Rubber 15 14% 14% 15% Fisk Rubber 13% 13 13 13 Goodrich Rub 34% 34 34 35 Kelly-Spring. 44 43% 43% 44% Keystn T & R 8% 7% 7% 8% U 3 Rubber .57 55 % 56 57 % Equipments— Amer C & F.193 193 192% 192% Amer Loco .135 133% 135 134 Bald Lor .141 s , 137 140% 138 Gen Elec -.185% 183% 183% 182% Lima Loco.. 61 60 61 60% Am Stl Fdy. 44% 44% 44% 44% Pr Steel Car 90 % 90 % 90 % 91 % Pullman.. .131% 130% 131% 130% Westhee Abk 99 09 99 Westhse Elec 63% 62% 62% 02% Steels-r-Beth "A’... 75% 75% 75% ... Beth ‘B .. 77% 76% 78% 77 Colo Fuel... 3.3% 33% 33% 33% Crucible ... 88% 87% 87% 88% Gulf States.. 92 90% 91 92 Lackawanna 84% 84 84 84% Midvale 34% 33% 34 33% Otis 11 11 11 Replogle ... 33% 33% 33% 33% Rep I A- S.. 69% 59 69 00 S.oss-ShefT . . 49% 49% 49% 49% U S Steel ..110% 109% 109% 110% Vanadium.. 45% 45% 45% 45% Motors— Am Bosch Mg 42% 41% 42* i 41 Chanel Mot.. 04% 03% 6.3% 04% Gen Mot. . . 15% 15 15 % 15 Hupp Mot.. 22% 22% 22% 22% Hudson Mot 21% 21 21% 21% Max Mot A 55% 55% 65% 36 Max Mot B. 17% 17 17 17% Mack Mot.. 58% 68 58 67% Moon Mot. . 17% 17% 17% 10% Martin Perry 29% 29% 29% 29% Pierce-Arrow. 14% 14 14 14 Studebaker.. 137% 134% 130% 1.35% Wiilys-over... 0% 6% 6% 0% White Mot.. 50 50 50 50 .Minings— Butte C. & Z. 7% 7% 7% 7% Butte Super. 34% 3.3 % 33% 3.3 Dome Mines. 39% 30% 39% .39% Int. Nickel.. 17% 10% 16% 10% Texes G. & S. 63% 62*, 63 03% Coppers— Am. Smelt... 64% 02% 63% 63 Anaconda ... 53% 52 52% 52% Chile Copper. 20% 25’, 20 25% Inspiration... 40% 39 40 38% Kennecott ... 35Vs 34 35% 34H

BOND TRADE SLOWS UP Offorings of Liberty Bonds Decrease Bringing Easier Market. By United Financial NEW YORK, Oct. 18.—Volume of trading in Government bonds was somewhat reduced in early dealings ! today and prices were better than the lows reached yesterday. This would indicate the offerings of Liberty bonds by banks and other institutions had been lessened somewhat, but the best opinion is that these offerings are not at an end as yet and that the next few weeks will see largo selling of Liberties as well as other high-grade bonds. The new 4Vi bonds held at a prej mium of a few cents throughout the j early trading. Outside the issues of | our own Government, trading was ! just average and the price changes i from yesterday, where they appeared jat all, were in small fractions. The i speculative rails were (Generally tirin and seaboard 6s made 69, at which price it was up Vi. A Syndicate, consisting of the National City Company, the Guaranty Company of Nefr York, Graham, Pat | sons & Cos., Cassat & Cos. and the | Union Trust Company of Pittsburgh. ! are offering $15,000,000 first mortgage i sinking fund 6 per cent gold bonds jof the Hershey Chocolate Company, dated Nov. 1, 1942, at a price of 9814 and interest to yield more than 6>{, per cent. NEW YORK STOCK OPENING ! Ajax Rubber • 14% l AlUs-Ch aimers 52% ! Am. Can 70% Am. Can and Foundry 192 Amerti-an Hide and Leather pfd .... 72% American International Corporation .. 36% Am Locomotive 135% Am. Steel Foundry 44% i Am. Smelt and Ref 63% ! Ant. Tel. and Tel 124 Anaconda 53% ' Atchison 107 Atlantic Coast Line 123% Baldwin Loco 140% : B. & O 50 C .& O .• 77 Chi., Mil. A St Paul pfd 51 Chi., Rock Island & Pac 44% Coca Cola 80% Cosden Oil 49% Consolidated Gas 140 ; Continental Can 95 Corn Products 124% i Crucible Steel 88 (üban Am Sugar 2.3 Del. St Lack 140% ! Dome Mines .... 39 % Electric S. Battery 56% Famous Players 101 % General Asphalt 64 % . General Cigars 81 i Gen. Electric 184% ! (It. Northern pfd 94 % 1 Invincible Oil 17% I Kelly-Sprinfield .Tire 43% Kenrecott Coppdr 35 . Lehigh Valiev .1 71 % , L. Sc N 143% Maxwell Motor (B) . 65% Marine pfd 01 % May Stores 137% ' Mexican Petroleum 227 % : Mexican S. B 18% Middle States Oil 13% Miseouri-Pac. Ry. pfd 66 % Mout. Sc Ward 22 National Biscuit 234 N. Y. Aribrake 40 % N. Y. Central 100% New Haven 32 V* Norfolk & Western 122 Northern Pacific 87 % Pac. Gas. and Electric 85% Pacific Cll 50 % Pan-American Petroleum . i 95 Pan-American Petroleum (B> .. 91 % Pro. and Refiners 48% Pullman Pal. Car 134 Pure Oil * 30 Vs Ry. Steel Springs 122 Reading 80 % Rep. Iron and Steel ............. 59% Sinclair 36% Skelly Oil 10% Southern Pacific 96 Southern Ry. pfd >0 % Standard Oil of N. J 213 St. L. Sc S. W. com 36% Studebaker Texas Cos : 50% Tire Ken 04 V, Tobatvo Products 8 • Union Pacific 150 % United Fruit 140 U. S. Rubber • • 56% ,IT. S. Steel 100% Utah Copper ' {J" Wabash Ist pfd 32% Westinghou9e Electric 05 V, INDIANAPOLIS PRODUCE Butter —Packing stock. 22c. Eggs— F-esh candled, 36c:. Fowls—4 % lbs up. 22c: under 4% lbs. 17c: leghorn fowls and springs. 25 per cent discount: springs. 2 lbs under. 25t-: springs, over 2 lbs. 18c: cox and stags lie: young tom turkeys. 12 lbs up, 30c; young hen turkeys. 8 lbs up. 30c; old tom turkeys. 25c: ducks. 4 lbs up. 17e: geese. 10 lbs up. 14c: squabs. 11 1{ to doz. $4.60: young guineas. 1H to 2-lb size, nen'doz. $7-

free ... , High VLow Closs. Close * flami 28 % 28 % 28% 28% Utah Copper 68% 67 % 67% 67 Ray Cons 14V, 14% 14% 14% U. S. Smelt.. 43% 42% 42% 42% Oils— Cal. Petrol... 64% 64 64Vi 64% tosden 49 % 49 49% 49% Houston 0... 87% 80 86Vi 88% Invincible O. 16% 10% 10% 10% Mexican Pet. 228 210 220 205’, M. S. Oil ... 13% 13 Vi 13 Vi 13 (s Mexican S. B. ISJ, 17 18 16% Pan-Am Pet. 94% 92 Vi 94% 90% Pan-A. P. (B) 82 89% 91 88% Pac. Oil 57’, .40% 56 Vi 56% Pro. & Ref.. 49% 47Vi 48V, 47Vi Pure Oil 31 30% 30% 31 Royal Dutch 58% 58 V, 58 Vi 69 8. O. of Ca 1.126% 125% 125% 125% S. Oil of N. J. 216% 212 214% 213% Sinclair 35% 35 ■ 36 Vi 36% Texas Cos 50% 50 Vi 50 % 51 Tex. C. Sc O. 26% 25 Vi 25% 20% ; fr.-Con. Oil.. 14% 14Vi 14% 14Vi Union Oil 18 Vi 18 Vi 18% 18% White 0i1... 6% 0% 6% 0% Industrials— Allied Chem. 85% 85 85% 85 Adv. Rumely 19 18 Vi 18% 18% Allis Chelm.. 52% 51% 51% 52% Am. Can.... 72 % 70% 70% 72% A. H. Sc L. p. 72% 72% 72% 72% Am. Ice 114 113 113 114 Am. Linseed. 40% 40Vi 40% 41 Am. Woolen. 102% 101% 101 Vi 102% Cent. Leath.. 41% 41 Vi 41% 41% Coco Cola . . 81% 79 % 80% 81% Comp Sc Tab. 73 72% 72% 73 Cluctt It Pea. 63 03 63 Cont. Can... 96 94% 95 05% Fam. Play... 101% 99% 101% 99% Gen. Asphalt 05 63 % 63 % 64 % Inter. Paper. 03 Vi 02% 62% 63% Inter. Harv.. .109 Vi 109% 109% 109 Loews 22 21% 22 21% May Stores.. 137% 136 Vi 136% Mont. Ward. 21% 21% 21% 21% Nat. Ena. ret 07% 66% 66** 07% Nat. Biscuit. 228 219 228 Owen Bot.e. 40 V* 39% ,89% 40 Orpheum .. . 25 Vi 25 % 25 Vi Sears Roebk. 89% 89% 89% 89% Union B. & P. 71 70 70% U. S. R Stor 84% 82 84 % 82% U. S. C. I. P. 33%, 32 33 34 r. S. lu. Ale. 71% 69% 69% 71% Worth. Pump 38 % 58:, 38 V, 39% Woolworth ..193% 103 103 104 Utilities— , Am. T. Sc T. 124 % 123% 123% 124% Brk. R. Trn.. 18% 10% 17% 18% Consol. Ga5..141% 137% 140 138% Col. Gas. 110% 108% 109% 109% Peoples Gas 97% 97% 97% 97% West. Union. 117 110% 110% 117 •Shipping— Am. Int. Cor. 37% 37% 37% 30% Am 8 AC.. 23% 21% 23% 21% In M. M 15% 15 15% In M. M. pf. 63% 61% 61% 02 United Frt,..lssVi 153% 155% Fond,— Am. Sugar .. 80% 80% 80% 80% Austin Nlch. 30% 35% 30 30% Am. Cot. Oil. 20% 20% 26% 27 % Corn Prod... 125% 124 V, 124% 125% Cub. C. Sug. 14% 14 14 14% Cub.-Am. Sg.. 23 V* 23 23 23% Wilson A- Cos. 45 44 44 44% Tobaccos— Am. Sumatra 38% 38% 38% 38% Am. Tob. Cos. 102 % 102 162 162% Cons Cigars. 41V, 40% 41 Tob Prod. . 87 85% 87 85% M.m-ellnnrous Slock,— Am. Rad 122 120 122 _ 120 Trim Cooper 9Vi 9-, 9 % 9% Dav. Client.. 45% 44% 44% 44’, Elec S Bat. 57% 54% 50% 54% Pere Msrquet 38 % 38% 38% 38% i Phil Cos. .. 42% 42% 42% 42% I North Am.. 98% 98 98 98 I Pac. G. Sc El. 85% 94% 95% 84% Skelly Oif. - 10% 10% 10% 10% 8. Oil of Ind 128 V, 125% 125 V,

Total sales, 1,133,200 shares.

STOCKS SET NEW MARKS National Biscuit Crowds Standard Oil for Interest. By United Financial NEW YORK, Oct. 18.—National Biscuit, which made anew high at :'r.7, shared interest with the Standord Oil group at the opening of the curb today. Ohio Oil and Vacuum responded to stock dividend announcements by advancing to 355 and 650 respectively. Standard Oil of Indiana was up slightly and Standard of New York showed a more buoyant tendency. Standard of New York, new opened around 37, hut soon advanced nearly appoint. Phillip Morris rose % to 19% and imperial Tobacco of Great Britain and Ireland % to 15%. New York Airbrake rose % to 52Vg and Schulte 1 to 48. INDIANAPOLIS STOCKS Slocks —Oct. 17— Bill. Ask. Ind Railway A Liirht Cos f'om 6M ... Ind Railway Sc Light Cos pfd. .. 84*,^ | lndpls & Southwestern pfd HO IndpU Se Southwestern pfd.. .. ..0 lndpls St Railway 58 60 Terre H T/action Sk L Cos pfd N4 ... T H Indplfr & Kastern coni. . 1 ... T H lndpls & Eastern pfd... 7H ... Union Traction of Ind com 2 Union Traction of Ind Ist pfd 10 15 Union Traction of Ind 2d pfd IVa 6Vi American Central Life 200 ... American Creosotins: Cos pfd. 08 ... licit R R coni 60 04 Belt R R pfd 51 50 Century Bid* Cos pfd 00 ... Cities Service Cos com 200 205 ( Sendee Cos pf l 68 H 70** i Citizens Gas Cos 22 24 ; Indiana Hotel com 88 ... Indiana Hotel pfd 01* ... | Ind Nat Life Ins Cos 2H *... Indiana Title Guaranty 50 ... Indiana Pipe Line Cos 00 ... lndpls Abattoir pfd 40 Indpt9 Gas 60 *£ 50 Mer Pub Utilities Cos pfd. ... 62 ... Nat Motor Car Compnny. .. . . ... Pub Saving* In* Cos 6% ... Ranh Fertilizer pfd 40 ... Standard Oil of Ind 127 129 I Sterling Fin Ins Cos 7 ... Van Camp Hardw pfd 00 ... Van Camp Prod Ist pfd.... 07 ... Van Camp Prod 2nd pld 100 Vandalia Coal Cos. com 1 fl Vandalia Coal Cos. pfd 10 15 Wabash Railway Cos pfd 31 4 36 Vi Wabash Railway Cos com. ... 11 % 14 Bonds Broad Ripple 6s 04 Vj ... Citizens St Railroad 5s 84 \ 86 lndpls Coke and Gas 6s 86 ... Ind Cos! & So 5s Os) lndpls &. Martinsville "s 60 ... lndpls Northern 5s 53 58% ; lndpls & Northwestern 55... 57*,& 61 lndpls A S E.">B 40 . . lndpls Shelby & S E 5a 58 Ind Street Rv 4s lndpls Trac Sc Term 5s SO s 4 80 Kokomo Marion & W 55.... 90*4 04 T H lndpls Sc E 5s 714* 75 Union Trac of Ind 0s H 4 68 Citizens Gas 5a 88*4 01 Ind Hotel Cos 2nd 6s 00 ... lndpls Gas 5s 90*4 02*4 lndpls Light & Heat 5 04 \ 96 lndpls Water 5s 90% 97*4 lndpls Water 4* a s 84 87 New Tel Ist 6a 08 ... New Tel L D 6s OS South Ind Power t)a 87 92 CHICAGO STOCKS (By Thomson & McKinnon) —Oct. 17— Open. High. Low. Close. A' Sc Cos. pfd. 100 V, 100% 100 100 Con- Edison .137% 137% 137% 137% Con Motors. 11% 11% 10% 10% Deer & Cos. pd 74 % 74 % 74 74 Dia Match..ll7 118 117 118 LibMcNeil .8% 9 8% 9 Mont.-Ward . 21 % 22 21 % 21 % Pick & Cos.. 26% 2T 26% -27 J*ig Wig A.. 43% 44 43% 43% Quaker Oats. 09 Vj 99% 99 % 99% Reo Motor . 13% 13% 13 13% Stew-Warner. 52% 52% 52% 62% Swift & C0..109% 109% 109% 109% Swift Inti . . 22 % 22 % 22 % 22 % Tbomp. VJ.RI 50% 50% 49% 49% U Car. & C. 05% 05% 04% 05 NEW YORK MONEY MARKET By United Financial • NEW YORK. Oct. 17.—Bank, are asking 5 per cent for time money and their rate rules the market. Commercial paper is etill at 4% {i4% per cent. Money promises to continue firm and for the next few days it is likely that the New York City bankß may have to resort to rediscounting at the Federal Reserve Bank. The present shortage of funds is only temporary and was at lta highest point on Saturday. Oct. 7. when the clearing house members showed a deficit of 523.000.000. This was largely overcome last week when the actual statement showed a deficit of only $2,332,000 which would have been turned into a surplus of over $7,000,000 had it not been for earlier Government withdrawals of about $8,000,000.

BOBS RECOVER TUESDAY LOSSES Heavy Receipts Fail to Check Market Upturn—Cattle Are Steady. Hog Prices Day by Day 250-300 ibs 200-225 lbs. 150-180 lbs. Oct. 11. 9,&[email protected] 9.700 9.85 0.60® 0.00 12. 9 65® 9.75 9.5041 0.00 9.25® 0.40 13. 9.50® 900 9.30© 9.50 9.10© 9.25 14. 9.55© 9.05 9.45© 9.55 9.35© 9.45 10. 970 9.00© 0.70 0.50® 9.00 17. 9.60® 9.55 9.45© 9.50 9.40 18. 9.70© 9.75 9.60© 9.05 9.00 Notwithstanding the fact that receipts were fairly heavy at 10,000, hog prices at the local stock yards today regained most of the losses suffered Tuesday. The best price for heavies reported for the day was about $9.70. The tone continued strong throughout the market and there was a good clearance. Pig and sow prices, having lost nothing Tuesday, remained about unchanged to a shade higher. Pigs were posted at [email protected] and sows at $8 ft 8.50. Some sales were reported for good packers as high as $8.60, however. Strength in hull prices was perhaps the feature, of the cattle market, with some outside buyers present. Steers were fully steady' and trade generally had a good tone. One transaction in steers at $11.50 indicated the market trend. Receipts were heavy at 1.500. Another boost of 50 cents to $1 occurred in calf prices, the best price paid being sl4 for a few extra choice. The bulk of trading was at sl3@ 13.50. Receipts, 700. Land) prices were about 50 cents higher, although the top remained at sl3. More brought the top figure, however, than in Tuesday's market. Ewes ruled steady at $5 down. Receipts, 500. • —Hog,— 150 to 200 lbs $ 9.00 Medium 9 60© 9.05 Heavy 9.70© 9.75 Top 9.75 pigs 9.00© 9 50 Packing sows B.oo© 8 50 —Little— Few choice steers ti1.50©12.00 Prime corn-fed steers, 1.000 to 1.300 Ibs 10.50© 11.50 Good to choice steers, LOOM to 1,300 lbs.. 9.25® 9.75 Good to choice steers. 1,000 to 1.200 lbs 8.25® 9.25 Good to choice steers, 1,0)0 to 1,100 lbs 7.75® 8.25 Common to medium steers, 800 to 1,000 lbs 6.75® 0.75 —Cows and Heifers— Few choife heifers $ 8 2">® 9.00 Good to choice hellers 7.25© 7.50 Medium heilers 6 50© 700 Common to medium heifers... 5.50© 650 Good to choleo cows s">o© 600 Coinon to good cows 3 00© 5.50 Cutters. 2.75© 325 Csnuerl 2 00© 2.50 —nulls— Fancy butcher bulls. $ 5 00© 5 75 Good to choice butcher bulls. 4.25© 4.75 Bolcgna bulls 3.75® 4 50 Light bologna bulls 3.25© 375 —t nlvcs— Choice veal, $1.3 00% 13.50 | Good ve.hs 12.00© 13.00 Medium veals 11.00 © 12.00 Lightweight veal, lO.OOhU OO Heavyweight veals 9.00© 10 00 Common heavies . 7.00© 8.00 —Mockers and Feeders—wood to choice so-b under 800 lbs $ 5.75® 700 Mcdtum cows 3 25® 350 Bucks 3 00 Yearlings 6 25® 8 00 Bprlngers 12 50© 14 00 Common lambs 8 00©10 00 Culls 8 75© 0.00 —Sheep and Lambs— Culls $ 2.05© 3 50 Good to choice ewes 3.50© 6.00 Few choice lambs 13.00 Good to choice iambs 11 50© 12 50 Heavy lambs 10 00© 11 00 Cull lambi 7.00 Bucks 3.00 OTHER LIVE STOCK Hu Unitrci Financial CHICAGO, Oct 17 —Ho?*— 000; inark**t. strait' to atrotiif: top, bulk of sales. 58.*i5P.50: heavy weight, i sß.k.*i&medium weight. *!* <u !* .>0: li£htuei£ht, light lights. *OIO heavy packing mows. S8 Gj 8 75; packing sows. rough. $7 7.>ft!. Cattle—Receipts. 11,000; market. strong to 15c up. choice and prno. sll.;*o© 18.25; medium ami *ood, JT.oOft 11.50: common. 6.85 ft 7.80; good and < hoiee, *0 25'a l'-VoO: common and medium, $.*.7,')ft0.25: butcher cattle and heifers. 56 ft O.OO; cows. s3.o.ft 8.25; bulls. s3>. ft 0.73: canners. cutters, cows and helfrrs. $2.75 ft 8.05; calmer at'-er*. 4 ; veal calves, £Bft 11; feeder steers. ss.osft 8.10: Hto. ker steers. .*Jsft7.os; stocker •o> -and heifers. 85 *Jsft 5 M 5. Sheri) —Ko- <• 18,000; market, ntrong to higher: Ja. t IL’ 35ft 14 ‘JS. lambs, cull and common, sß.soft I*2: yearling wethers. sß.soft 1”; ewes. s4ft7.M3; cull ol common cwci, I ft4.:.‘5. NEW YORK. Oct. 17.—Steers—Supply, liberal market on common. SOftll; market on othr-rs. sl2ftlß; selected choice. $lO ft 20; demand, slow. Cows—Supply normal; market on good, $10ftll; demand, slow. Hulls —Supply, light; market on common. s6ft7; market on others, s7ftß; demand, fair. Kosher beef chucks and plates—hup ply. liberal; market. sllftlo, demand, lair. Vea—Supply, normal; market on good, sl4 ft 17; demand, lair. Lambs—Supply, normal; market on. choice, sl3 ft 25, demand, fair. Mutton —Supply, normal; market on good, sl3ft 15; demand, fair. Fork—Supply. moderate; market, s24ft2o: demand, slow. | CINCINNATI. Oct 17.—Cattle—Receipt*. 300; market, steady; shippers, s7.softlU. I Calves—Market, steady to 50c up; extras. sl2 ft 12.50. Hogs—Receipts, 3,600; market. 25c to 50c up; good to choice packers, $0.85. Sheep—Receipts, 400; market, steady, extra*. ssftOoO. Lamba—Market, steady; fair to good, sl3ft 13.50. CLEVELAND. Oct 17.—Hogs—Receipt* 2,000; market 10c to 16c up; $9.75; mixed, $0.75; medium. $9.85; pig. $9.50: roughs, $7.50; stages, $4.50. Cattle —Receipts, 300: market, slow: good to choice bulls. s;>fto; good to choice steers. s9.soft 1.0.50; good to choice heifers, s7ft 8; good to choice cows, s4*7sft 5.75; fair to good cows $3.50ft4.50; common cows s2ft3; milkers s4oft7s. Sheep and lambs —Receipts 1000; market strong; top $14.50. Calves—Receipts 300 market steady top. $12.50. EAST ST. LOUIS. Oct 17.—Cattle— Receipts, 7,000; market, 15ft25c up: native beef steers, s9.ooft 1*2.25; yearlings and belters. $5ft8.50: cows, $4ft5.50 canners and cutters, s2.4oft 3.25; calves. $5.25 ft 11: stockern and feeders, $4.50ft6.50. llogn —Receipts, 12,500: market, steady, 10 ft 15c lower: heavy, $8.90 ft 9.80: medium, $9.25 ft 9.05; lights. $9.10 ft 0.00; light lights. $9ft9.50: packing sows, $7..’0ft8.50; pigs, $8 50ft 9.35: bulk, $9.2.ft 9.00. Sheep —Receipts, 2,500; market, 25ft 50c up; ewes, $3 ft 0: cannera and cutters. 50c ft 2.50; wool lambs. sl3ft 13.60. KANSAS CITY. Oct. 18.—Hogs—Receipts. 9.000; market. 5c up; bulk. sß.ooft 8.90; butchers, $8.75ft9.10; lights, sß.soft 9.10; pigs, sßft 8:05. Cattle—Receipts, 15,000; market, steady; prime leu steers. $10.23ft 10.50: plain to fair dressed beef steers, $5.75 ft 10.25; Western steers, $4.75ft Southern steers, s4.soft 8.50; cows, s'f?73 ft 7; heifers, $4.50ft9.75; stockers anti feeders, s4.soft 8; bulls. $3.5C>ft4.75; calves. $5.50 ft 10.50. Sheep—Receipts. 0,000; market, strong: lambs. $12.25 ft 14.25: yearlings, sß.soft 11: wethers, $0.50 ft 7.50: ewes. $5 ft 0.25; stockers and feeders. slo.soft 13.85. EAST BUFFALO, Oct. 17. —Cattle—Receipts, 525: market, active, steady; shipping steers. $9 ft 10.50; butcher grades, $8 ft 9.25; tows, $2ft6.25. Calves—Receipts. 300: market, active. 50c up; culls to choice, $4 ft 14. Sheep and lambs—Receipts, 2.400; , market, active; lambs. 25c higher; sheep, steady, choice lambs. sl4 ft 15; culls to lair. sßft 13.50; yearlings. s7ft 11.50; sheep, $3 ftp. Hogs—Receipts. 4,800; market, active, 15c to 23c up: yorkers, $10; pigs, $10; mixed, $10; heavies, $10; roughs, s7ftß; stags, $5 ft 6. BOSTON WOOL MARKET By United Financial BOSTON, Oct. IS.—Although tho wool market was a littlo hit less active yesterprices remain steady. The local market la below a parity with foreign markets for the ame types of wools and for this reason there are those in the trade looking for another advance. American houses are now operating in foreign markets and one leading local house was reported an active buyer at vhe* Australian wool auctions. Some buying has boon done at prices ranging from 30 to 35c. but sales have only been small at the top figures. Auction sales at Victoria, Australia, reported advances of 5 to 10 per cent over last prices with America the best buyer of merinos, and the continent securing the bulk !■< the -Oioeshreds offered.

GRAIN MARKETS DPEN IRREGULAR Easier Feeling Follows Peak Prices Reached Tuesday — Buyers Take Profits. By United financial CHICAGO, Oct. 18.—Grain prices opened irregular on' the Chicago Board of Trade today. There was an easier feeling in the trade. Yesterday’s early buyers were apparently willing to tike profits in the belief prices had reached their peak in the present movement. Wheat opened fully steady in practically unchanged figures. Receipts continued under expectations, only 60 cars arriving for the day. Commission houses were fair buyers in July deliveries. Corn opened evenly Vic lower in the face of fair advances in the Liverpool market. Receipts were again moderate at. 255 cars. There was little trading 'at the opening. Oats prices were irregular at the opening. December was up V4e, while May and July futures were fractionally lower. Receipts were estimated at 60 cars. Provisions opened higher on heavy buying by Eastern commission houses. * CHICACO GRAIN TABLE —Oct. 17— Bij United Financial WHEAT— Open. High. Low. Clcse. Dec ).)■: 1.15% 1.11% 1.15% May... 1.11% 1.13% 1.11 1.13% July... 1.04% 1.00 1 03% 1.05% CORN— Dec 05% .68% 05% .06% May... .67 .09% .06% 09% July... .07 .09% .00% 09% OATS— Dec 41% .43 % .41% .43 May... .41% .43% 41% .43% July... .39% 40% 38% .40% LA KD Oct 10.75 10.85 10.75 10.75 Jail 0.47 9.47 0.35 9.47 KIHS — •Oct 10.50 RYE— Dec 78% .81% .78% 81% May... .78% .81 % .78% .81% • Nominal. CHICAGO CASH CRAIN 111/ I uited Financial CHICAGO. 0< t 17 —W! eat —No. 2 red. 51 18%: N., -J hard, il.10%: No 3 hard. 51.14% Com—No. yellow. 72 %c; No. 3 \ellow, 71% ,i 74 %o: No 4 yellow. 71 % w 73c; No. 5 yellow. 71%'it7‘J%c: No. 6 yellow. 71<S72c: N-> 1 mixed. 72"i74c: No. 4 mixed 70 %',i 71 % ,■*%,>'., 0 mixed. 70% and Tie; No. 2 while. 78® 73%c: No 3 white. 71 % fit. 7‘J %e: No. 4 white. 71% ©72c: No. 5 White. 71%.' Oats —No. 3 white. 4‘J© 44%. No. 4 white :% © 4lc. Barley—03© 69c ltye—Bl% ©Vic. Timothy—¥s.so® 0.60. INDIANAPOLIS CASH GRAIN —Oct. 17— Rid, for < ar ,’ots of grain and hay at the call of the Indianapolis Board ~f Trade ware: Wheat —Strong. No 2 r. <1 -1 1.7 ft 1.10% Corn—No 3 w.lte. 07% © <•; No 4 white 66%®07e: No. 3 yellow. 08©60c: No. -1 yellow, 0rt%',i07%.-; No 3 mixed. 6(1 %© 07 %e: No 4 mixed, 66'u 67c. Oats-—Strong: No. *1 while, 42%©43c: No. 3 white -tl % 'ii 12.Hay—Easy: No. 1 timothy. ¥l3 © 1..50: No 2 timothy. ¥14.50© 15: No. ! light clover mixed. ¥l4 50: No. 1 clover hay, ¥13.50 'i 14 —liurpecttor* Wheat—No. 2 red. 4 cars. No 3 re* 3 cars: No. 2 mixed, 1 car; sample. 1 car Total. 9 cars. Corn—N.l 2 white, 0 ear* No. 3 white. 5 ears. No. 4 white 8 cars. No. o white, 2 \ cars; No. 6 white, 4 caw No. 1 yellow, 2 cars; No. 3 yellow. 5 cars: No. 3 yellow-. 1.3 cars; No. 4 yellow. 10 cars; No. 5y at low. 10 cars No. 0 yellow. 1.3 cars: sample yellow. I car: No. 1 mixed. 1 car: No. 2 mixed, 1 ear: No. 3 mixed. 3 cars: No 4 mixed, 8 cars: No. 5 mixed. 2 cars. ’Total. 100 cars Oats—No 2 white. 18 < ars No. .3 white. II .-ars: No 4 white. 2 cars No 2 mixed. 2 ears; No .3 mixed. 1 car: sample mixed. 1 car. Total. 35 .ars Rye—No. .3. 2 cars. Total. 2 t.ars Total number of cars lor day, 147, Grail: prices (tooted I. o. b. basis, 41 %c to New York. ; PRIMARY .MARKETS (Thomson Sc McKinnon) —Oct. 17— Keeelpt, Wheat. Corn. Oats Sioux City . 22.000 39 000 28,000 St Joe .... 48 000 6,000 8,000 Chicago 163.000 689.000 412.000 I Milwaukee . . 11,000 71 <*oo 70.000 Minneapolis . 821.000 13.000 123.000 Duluth .. . 282.000 18.000 37.000 St Louis... 164.000 94,000 100,000 I To’edo 270.000 13.000 14.000 j Detroit .... 13.000 4.000 10.000 Kansas City. 101.000 28.00<t 76.000 IV,ina 11.000 92.000 52.000 Omaha ,32.000 36 0"0 42.000 : Indianapolis. . 20.00 77.000 42.000 Totals ...2.038,000 1.179.000 1.030.000 Year ago. 1,766 000 1 376.000 755.000 Shipments Sioux Cltv.. 12.000 .30 000 14.000 St. Joe 31.000 10.000 . Chicago .... 123.000 415 000 138.000 Milwaukee.. 0,000 13.000 39,000 Minneapolis. 190.000 16.000 142.000 Duluth .... 357.000 St. hauls... 99,000 113.000 80,000 Toledo 6,000 5,000 10.000 I Detroit .... 2.000 5,000 Kansas City. 140.000 69.000 15.000 Peoria 22.000 43.000 32.000 Omaha 78.000 60,000 20.000 Indianapolis. 7,000 27,000 12.000 Totals ...1.090,000 792.000 612.000 Year ago. 935,000 747.000 423.000 Clearance, Philadelphia. 50.000 17.000 New Orleans 208,000 80,000 Galveston. .. .380,000 I Totals ... 704.000 103.000 Year ago. 989.000 17.000 LOCAL WAGON WHEAT ! No. 2 wagon wheat. 51.08: No. 3 white oats. 36c. CHICAGO HOGS HIGHER J Advance of 10 Cents Made With Bccrease in Receipts. i By United Financial CHICAGO, Oct. LSI —Choice grades j of hogs sold about evenly 10 cents | higher at tho Chicago stock yards today. The ‘market gave evidence of a strong - undertone. Receipts were somewhat under estimates at 16,000. hut there was a liberal stale supply to offset the tendency to sharp advances. Cattle values were steady to strong despite fairly heavy receipts, estimated at 16,000. The killers took about 1,000 in direct consignments from other markets, but were in the market buying liberally of the day’s run. The sheep market was strong to 15 cents higher. Receipts were 17,000, but the killers took nearly 3,000 of this number In shipments direct from outside trading points. Best lambs sold at $14.50. STRIKE NEW FIELDS Mammoth Company Makes Unexpected Find in Dome Region. By United. Financial NEW YORK, Oct.’ 18.—With the unexpected striking of oil by the Mammoth Company at only 1,615 and 1,280 feet, practical oil men now estimate that instead of two productive sands In the Teapot Dome region there may be eight and instead of 4,500 productive acres there m&y be 9,321. The land was secured from the Government by contract, and under this agreement the Mammoth Company is not permitted to curtail its output. Mammoth started out by ordering steel tanks to hold 2,000,000 barrels Os Oil.

ASK IMMEDIATE CONTROL Southern Pacific Wants Grant to Govern Central Pacific. By United News WASHINGTON, Oct. 18. The Southern Pacific Company has petitioned the Interstate commerce commission to grant it authority to control, temporarily, the Central Pacific. Control is asked pending the determination of the proceedings now going on before the commission for the consolidation of the country’s railroads into a limited number of enlarged systems. When the consolidation plan is completed, it was pointed out, the Central Pacific must of necessity be a part of the Southern Pacific. In the commission's tentative plan it is grouped with the Southern Pacific, IN THE COTTON MARKET By United Financial NEW YORK. Oct. 17.—Cotton opened quiet and steady today, up 4 to 15 points, then dropped back under Monday's finale on reneewd Southern selling and realizing. Early buyers were new Orleans, locals, spot houses and Japanese interests. Thirty notices were reported circulates. The market recovered from the slump after the opening and was up 3 to 23 points around noon. Manchester accounts continued to show an improvement, a fair business bein? done there. Locally, cloths-Avere firm on a moderate business, while sheetme prices were hijrher. Southern mills continue active and midwest Jobbers report increase in orders as compared with a year assn. Cotton closed strong 1 , up 52 to 07 points. Hirh. Low. Close October 22.72 22.02 22.70 December 23.00 22.36 23.05 January 22.00 22.22 22 8n -March 23.05 22.36 23.05 May 2300 22.31 23.00 July 22.75 22.07 22.70 By United Financial NEW ORLEANS, Oct. 17. —Cotton prices opened up higher from 7 to 15 points, owing to favorable reports and optimistic cables from Liverpool. The market developed a bullish tone during the first two hours of trading, prices searing from 7 to 19 points. The market closed steady High. Lov Close. October 22.38 21.78 22.38 December 22.4.3 21.72 22.36 January 22 40 21.75 22 42 March 22.50 21.80 22 45 May 22.44 21.78 23.40 By United Financial LIVERPOOL. Oct 17.—Moderate business in cotton with prices barely steady. Sales, 10.000 hales Receipts, 4.000. including 2 300 American. The market closed steady. Futures opened steady Open. High. Low. Close. October 13 08 1.3 08 13.03 13.04 January 12 81 12 81 12 70 12 74 March 12 00 12 05 12.60 12.02 May 12.52 12.52 12.49 12.40 July 12 36 12.30 12.30 12.32 METAL TRADE By United Financial CLEVELAND. Oct. 18. —Dally Metal Trade yesterday said; Middle western coal operators agree to furnish Government commission with all possible cost data Steel mill activity Increases and additional blast furnaces are lighted in Pittsburgh. Cleveland and Youngs town districts. although car shortages threaten further to hamper trade , More Interest in next years pig iron Is developing among buyers while important eastern by-products coke maker opens books fur tirst quarter delivery. So 2 foundry pig Iron Cleveland delivery. $35 basis pig iron valley. 530 50 ® 31; sheer bars: Pittsburgh and Youngstown. 540. st.-el bars. Pittsburgh. 2© 2.15 c: sheets No. 2S black Pittsburgh. 3.30® 3.75 c; plain wire. Pittsburgh, 2.45®2.50c. CLEVELAND PRODUCE By United Financial CLEVELAND, Oct 17.—Butter—Extra in tubs 4't <a 49 % ■ prints, 50® 50%c firsts. 47 ©47 %** parking stock. 24©20c Eggs I —Fresh gathered northern extras. 42c extra firsts. 41c: Oh ins .38©.39c: western firsts, new cases. 30c. Poultry—Live heavy ( fowls. 24(q20c roosters. ducks. 20lil 36c. Potatoes —$1.75 ©2 bbrl. LINSEED OIL By United Financial NEW YORK. Oct. 18—Linseed Oil strong, yesterday domestic spot 88®90c; Oct . BSc; Nov. ant! Dec . 87% 88c; Jan. and April, 78e; foreign spot, 84c.

COTTONSEED OIL Bv United Financial NEW YORK, Oct. 17.—Cottonseed oil sales early today were quite heavy with the undertone vary firm and the market up 5 to 10 points on buying by Wall Street and Southern commission houses with the selling scattered and to a ‘large extent by the ring crowd. Some realizing was in evidence, but there was no undue pressure on the market, l arge trade developed In October, a leading refiner selling freely, t>ut the oil was readily taken by commission house, supposedly for shorts at the high price of the movement around 9.85 c. Lard firmer. October oil deliveries 200 barrels, making 1,500 to date. English cotton oil unchanged at 38s. In some quarters crude offerings reported larger while in others 7%c was reported paid In the Southeast for the first ten days of November shipment while volley holders reported asking 7 %o. A quieter cash demand is believed to have caused some October selling. Noon call: October, 9.60©9.70c: November. 8.72® 8.74 c: December, 8 67®8.09c: January. [email protected]; February. 8.700 8.73 e March. 8 82® 8.84 c; April, 8.85 @ 8.03 c: May, 8.97® BJ)9c. Market firm, saleg 16.000. PRICES~REFLECT Retailers Begin to Feel Advance of Raw Material. By United Financial • NEW YORK, Oct. 18.— The retailer is beginning to realize the deneral advance in prices that the manufapturer has had to accept. Higher prices of all raw materials due to the tariff, increased cost of production through wage raises and tremendous loss In production through strikes are practically assured. While these will principally operate on spring dnes they are also felt on spot prices and account for tho general slackness of buying by the retailer. Manufacturers are more reconciled to the higher levels and heavier cotton goods are moving to the cuttersup in greater proportion than the finer merchandise is being absorbed by the retailers. In the field of women’s dresses buyers continue to show preference for longer skirt measurements. The improvement recently noted in the primary demand for hosiery has been well maintained during the past week. RAW SUGAR MARKET NEW YORK, Oct. 17.—Raw sugrar unchnr**i at 3%e and freight for Cuba with undertone firm. Raw opened Ateady; December, 3.54 ft 3.55 c; March, 3.08 ft 3.09 c; May. 3.18 ft 3.19 c: July, 3.31 ft3.33c.

1 and Y Banks Trust Company Stocks Newton SELL 415 LEMCKE BUILDING j Todd

Big Four Route CHANGE OF TIME Effective Thursday, Oct. 19, 1922 Train No. 19, Indianapolis to St. Louis, will be restored to service, leaving Indianapolis 2:45 p. m. daily, arriving St. Louis 8:55 p. m. Train No. 18. “Knickerbocker Special,” will be restored to former . schedule, leaving St. Louis 1:00 p. m„ arriving Indianapolis 6:30 p. m. For farther particulars, call City Ticket Office, 112 Monument Circle; phone, Circle 5300, or Union Station. J. W. GARDNER, A Division Passenger Agent. |

Opportunity! I have the opportunity until October 24, 1922, of buying for cash one-half of the common capital stock in Hetherington & Berner, belonging to the Berner interests, for the sum of $200,000.00. This company paid a Federal capital stock tax this year on a valuation of $506,000.00. It* has no debts except small current bills, and has a sinking fund with sufficient amount to re'ire all outstanding preferred stock. My desire is to acquire a part of this common stock that is for sale and to offer the balance, approximately 48 per cent of the total common stock, to such investors as may be interested in acquiring ownership of this high-grade industrial stock. F. A. Hetherington will retain his interest and continue his connection with the company. If I do not exercise my option to buy the said stock for $200,000.00 before October 24, 1922, the same will be turned over to a cash purchaser whose identity has not been disclosed. I take this opportunity to present this condition, trusting that I may be able to choose my own associates, and if this is done, I will make ample provision for such purchaser or purchasers of the stock to have representation on the Board of Directors. Any one interested in this proposition can meet me in Room 223, Lincoln Hotel, Indianapolis, on Thursday evening of this week at 8 o’clock for further information. C. F. HETHERINGTON', (Treas. of Hetherington & Berner).

OOl’. 18, 1^22

SUPPORTS CONFERENCE Mead Kelsey Calls Upon President to Join Peace Parley. Letters asking If there is any possibility of the United States joining the proposed peace conference of tho allied governments and Turkey been sent to President Harding Secretary of State Hughes by Mead A. Kelsey, secretary of the Near East Relief. Kelsey stated that American people already have invested $70,000,000 in taking care of the results of Turkish atrocities and must spend millions more before the work is completed. “This interest alone warrant.3 our Government in taking an active part in securing an equitable and righteous adjustment of affairs in the Near East,” Kelsey said. BUILDING PERMITS Louis Katzenberger, double, 323 N. Jefferson, $8,200. Harry Hacket, double, 327 N. Jefferson. $8,200. Pike Bros., dwelling, 410 E. Forty-Seventh, $4,000. C. R. Mathew’s, garage, 1705 N. New Jersey, $650. C. R. Mathews, garage, 1705 N. New Jersey. $450. C. C. Urich, garage, 19 W. TwentyFourth, SIOO. Laura A. Colvin, garage, 2041 Park, S4OO. F. M. Knight, double. 119 S. Sherman, $3,800. Dan \V. Le Gore, dwelling, 702 N. Euclid, $2,500. Dan W. Le Gore, dwelling, 1222 Vs. Thirty-Fourth, $3,000. J. Stonehouse, dwelling, 34 N. Mount, $3,500. Henry Phillips, dwelling, 1142 N. Sheffield. $3,500. Realty Finance Building Company, dwelling. 1615 Lawton. $2,500. Realty Finance Building Company, dwelling, 1611 Lawton. $2,500. Adam Neer, shed, 2005 Hovey, SIOO. state Const-notion Company. building. Thirtieth and Columbia, $3,000. Ans Shannon, dwelling, 1115 Trowbridge. $1,750. Western Oil R-flning Company, sign. W. New York. ¥OSO. J. H. Miles, dwelling. 930 E. Forty-Ninth, $4,000. Leo Loscent, dwelling, 3431 W. Michigan, SB,OOO. NAVAL STORES By United Financial SAVANNAH. Ga., Oct. 18.—Spirits firm yesterday: regulars, 153; sales reported, 192. Rosin—Firm: WW, 6.90 c; WG, 8.30 o; N. M. K. I. H. G. F. E. D. B. 5.85 c: salt 4, 828. Spirits—Receipts, 565: shipments, 158: stocks 12.293: otlertngs. 192 Rosin— Receipts. 2.472: shipments. 3.941: stocks, 89,131: offerings, 828.