Indianapolis Times, Volume 35, Number 258, Indianapolis, Marion County, 8 March 1923 — Page 11

THURSDAY, MAR£H 8, 1923

BANKERS FI 10 # MAKE ASKANCE IN REDISCOUNT RATE Speculative Shorts Are Forced to Pay Higher Prices to Get Back Stocks, NO CHANGE EXPECTED Feeling of Buoyancy Is Reflected Throughout General List at Opening, THE WALL STREET JOURNAL * NEW YORK. March B.—That portion of the speculative community which had taken a short position with the thought that the rediscount rate might be advanced after W ednesday's close, paid higher prices to get into stocks back at the opening today. Not on I; Btc higher rate taken at the weekly meeting of local bankers but the conviction spread through the financial district that no immediate steps in this direction were contemplated. This feeling imparted buoyancy to the general list in the early dealings. First Hour Trading in first hour proceeded at close to a two-million share rate and bullish demonstrations went ahead in a broad group of industrial stocks. 'Cosden moved up to a record 1923 price, but broke about a point around 11 a. m. on apparently unfounded rumors that a negotiation for acquisitios of the company by Standard of Indiana had been broken off. Timken Roller Bearings continued its uprush, reaching a further new high. Twenty active industrial stocks Wednesday averaged 105.23, up .44 per cent. Twenty active rails averaged 89.75, off .50 per cent. Second Hour Technical conditions brought about a drop in the general market around noon. Thg setback obviously resulted from conditions within the market. It was evidently one of the quick shifts which occur in feverish markets through which the speculative structure protects itself against professional excesses. Recessions of 1 to 3 points from their recent highs were made by industrial leaders, including Baldwin, Studebaker, American Can, American Locomotive and American Wool.

Local Bank Clearings Tndiar.apoUs bank Scanners Thursday were $2,747,1)00; bank debit* were $4,511,000. Foreign Exchange Kli United Financial NEW YORK. March 9.—Foreign exchange opened irregular: Sterling, demand. ¥4 69%: cables. ¥4 70. Francs, demand. ¥4.73 %c: cables. 6.05 He. Lire, demand. 54 73 He; cables. 54.74’, c. Belgian, demand. 5.77 %c: cables. 5.23 c. Marks. 20.201 to do lar. Cztcho, demand, 2 954 c: cables. 1* 26c: Swiss, demand. 18.65 c; cables. 15.67 c. Guiide-a. demand. 30.51 c; rabies. 39 54. IVs-tas. demand. 15 51c: cables, 15.53 c. Swede. and maud. 26 10c: cables. 26.63.-_ Norway, demand. . 18 16c i :>'.es 18.20 c. Denmark, demand. 18.11 c; cables. 19.15 - * MINING STOCKS LEAD CURB MARKET TRADE Keo ami Stutz Arc Steady in Industrial Offerings. By United Financial NEW YORK. March 8. —Minings , came Into greater prominence in the j early trades on the New York curb exchange again today. - The higher priced minings were more active, comparatively. than those selling in cents. ■ Ray Hercules gained an eighth of a point to two. United Gold jumped j ■\ of a point to 4%. The Goldfield; stocks also were active and higher. In the industrials. Reo and Stutz : Motors were firm. Stutz showed the. first sign of picking up in sum- days. | when it reached 19. up a B. and Reo' was at the year’s best level. Both Standards and independents *— ere no better than steady and did it hold the same dominant position it, the market they have maintained previous to this week’s decline. McClure, Jones & Reed, the firm which marketed the recent Fay Taxicab issues, announced it would not accept the subscriptions to the stocks and would make no delivery. Trading In this issue was suspended. Business News NEW YORK. M:>r*b B—Net income l>r 1922 on Phillips Petroleum Company was 59.200.035. aft r charges and Federal tax had been deduct,’!, but before depletion and depreciation had been charged off. In 1921 net income was $3,947,933. NEW YORK—Net profits reported for Superior Steel in 1922 were $515,682- alter Federal taxes and all other deductions. This is equal after preferred dividends liavo been set aside to SI .38 a share on 60.00*1 shares cotton. In 1921 a net loss of $273,395 was reported. NEW YORK—"Lehigh Valley shows a deficit of $647,226 at the end of the fourth quarter of 1922 At the name time, in 1921 a surplus of 56.534.945 app, arrd on the company s books. DETROlT—Preliminary returns on the primary election indicate the palace of a $5,000,000 bond tssuo submitted to the voters to raise funds for extensions to the municipal street railways. NEW YORK—Production of 270.995 ’ motor cars and trucks in February places that month as one of ,hc three zt* atest producing months in automobile history. "he other two were Juno. 1922 with $289 011, and August. 1922. with 272.538. The turnout this February was 125 per cent larger than in February. 1922. NEW YORK—Dow Jones average of eight important iron and steel products on Iron Age quotations, advanced this to $55.95 a v.oss ton Last week the Wferage was $54.76. the advance of 5121 being the largest recorded in any week of the current upswing. The average is now $2.76 a ton above the 1927 high of $53.21. established Sept 30 and sl3 21 above last year's low of $42.12. set Feb. 28, 1922. The rise is $4.85 sin*c Jan. 1. NEW YORK—Copper producers are holding firmly for a price of 17c a pound delivered for electrolysis stock. Wednesday some second hands were offered for low prices aside ship. NEW YORK —In spite of adverse weather, revenue cars loaded along the line and received from connections were more numerous on New York Cntra! lines than for any eor‘responding month the past three years: 719.188 cars were loaded in February as against 609,773 a year ago.

New Yoi (By Thomson Railroads— Prev. • High. Low. Close. close. Atchison 103% 103 % B & O 54 % 53 H 63 % 54 % Can Pac 146 % 145 % C & MV Uy 86% 86% C RI & P. . 36% ... 36% 36% ! Del & Laeka 128 126 % I Erie 12% ... /12 12% Gt North pf. 78% ... 1 78% 79 Lehigh Val.. 69% ... 69 69 L & N 151 150% 151 150% Mo Pac pfd 46% 47 N Y Central .99 ... 98 % 98 % NY XH & H 19% 19 19% 19% | Nor Pac ... 80 ... 79 % 80 Nor & W ..114 ... 114 113% Penney 46% ... 46% 46% Reading 79% 79 79% 79% 8o Ry 33 % ... 33 % 33 % So Pair 93 % ... 93 % 93 % St Paul .... 25% ... 25% 25% St Paul pfd *. 44% 44% St L & SW. 35% ••• 34% 34% Wabash ... 10 ... 9% 10 Wabash pfd. 30 29% 30 30 Rubbers—- ; Fisk Rubber 14% 14% Goodrich Rub . . ... 38 % 38 % Kelly-Spring . 57 % ... 56 % 56 % U S Rubber. 62% ... 61% 62% Equip* -ents— Am C and F. 189 ... 188 188 Arner Loco .134% ... 133 134 ii Is Loco . 112% ... 141% 141% Get Elec ...186 ... 185% 186 Lima Loco. . 70 % 69 % 69 % 70 % i Pullman ...134 133% 133% 132% Westh Airb .118% ... 118 Westh Elec.. 64% ... 64% 64% Steels— • Bethlehem B 70 % ... 70 70 % Crucible 83% 82 % 83% 87% Gulf States. . 96 ... 95 94 % : Midvale 31 % ... 31 % 31 % Ren I and S. 61 ... 60 60 jU S Steel ..108% ... 108 108% Vanadium. ..42% ... 42% 42% Minings— Butte Sup... 35 % ... 35 % 36 Tex G & S. . 60 % 60 % 60 % CO % Motors— Am Bosch M .. ... 55 % 56 : Chand Mot.. 75% 75% 75% 73% I Gen Mot ... 14% ... 14% 14% I Hudson Mot. 32% 31% 32 32% Max Mot A.. 63 62V* 62% 62% :>I *x Mot B. 20% 20 20% 19% Martin Ferry 33% ... 33 32% S.udobaker ,124 V* ... 123% 123% Stromberg. . . 90% 89 V* SO % 89% Stew-War -.118 ... 115% 117%

LIGHT RECEIPTS HELP MARKET Prices Quoted Steady With 6,000 Head in Pens. Hog Prieto Day by Day Mar. 250-300 lb. 200-225 lbs. 150-180 lb2. 8.251? 8.35 8.351? 845 8 50® 8.60 3 SCO® 8.35 8.35 Hi 8.45 8 .50® 860 5. 8.25® 5.40 8.40® 8.60 860*5: 8.75 0. 8.40® 8.50 8 50® 8.65 8.70 •: 885 7 8.255i 810 8 10® 8.50 8.50® 860 8. 8.25*3 5.40 8 40*5 8.50 8.50 *u 8.65 Light receipts again saved the price of hogs from declining at the local livestock exchange today. Less than 6,000 were in the yards at 8 o'clock while Chicago reported lor; than 60,000 ready for sale. Early sale? registered showed that lights had advanced a nickel to a top of $8.65, though more were selling at fS.6O while heavies were sellin, from $8.25 to $8.35. The bulk moved from $8.30 to $8.60. The market generally was quoted . teady to strong. Wednesday’s layovers numbered 207. The cattle market opened fully steady with Wednesday’s quotations which represent some fairly st, p losses for the week. Cheaper grades have lost from 25 to 50 cen > vl le the better grades have declined from 15 to 25 cents. Receipts, 1,200. The calf market opened fully steady and developed some strength in the e?tr!y buying. The practical top for choice veals was $13.50 though a f* . odd calves brought sl4. The bulk sold between $12.50 and sl3. Receipt.*-', 500. The sheep and lamb market remained nominal on receipts of two sheep, orte buck and a yearliu u . —Hog*— 150 to £OO lbs S 8.56 3 8.65 Medium - 8.40® 87.0 Heavy ....... 8.25® 8.40 Top 8 60 Pigs 800 % 850 Packing sows 7.00 3 8.50 —Cattle — F*-w choice steers . . $ 8.75® 9 25 Prime corn-fed steer*. 1.000 to 1.300 ibs 850® 9.00 Good to choice steers. 1,000 to 1.300 lbs B.oo® 8.50 Good to choice steers. 1.000 to 1.290 Ibs 7.75® 8.25 Good io choice steers. 1.000 to 1.700 lbs 7.25® 7.50 Common to medium steers 800 to 1.000 ibs 5.75® 6.75 —lows and Heifers— Choice light heifers $ B.oo® 9 50 Good ii-'hi heifers 7.00® 9.n0 Medium lietfers 6 00 ><t 7.25 Common heifers 5.00® 6 00 Good t.i choice butcher bulls. 4.00® 4 2 5 Fair rv,B 4.00® 5.60 Cutters 2.75® 3.25 Cancers 2.25® 2.50 —nulls— Fancy butcher bulls. ... 5 5 00® 5 50 Good to choice butcher bulls. 4 00® 425 Bologna bulls 3.7.5® 4.50 —Calves— I'i.ic -e veals $13.00® 13.50 Good veals 11.50®*12.00 Medium veals 10 50® 11.00 Lightweight veal 9 .a....... 10.00® 1050 Heavyweight veals 9.00W10.00 Common heavies 8.00®) 9.00 Top 15.00 —Nheep and Lambs— Culls $ 2 25 ® 350 Good to choice ewes 5.00*4 6.50 Few choice iambs ......... 13.00 14 00 * Heavy iambs 12.00® 13.00 Cull iambs . . . 9.00 Bucks 3.00 Other Livestock Bn United Financial CHICAGO. March B.—Hogs—Receipts. 4*4000■ market. 10®1.V* lower; top. $8.25: bulk of rales, $7 7538.70: heavyweight, $7 80® 8. medium-weight, $7.9538.20: lU’htweight. SB% 8 25: light weights. $7 75 3 8.25; heavy packing sows, $7.20® 7.4-5, pa.-i-.iiijf sows, rough. $6.903,7.35: pigs. -<)55 ®3. CattU—Receipts. 7.000: market. 10®. 1.5 c higher; choice ami prime. slo®. JO-7.5: common and medium. ¥8.15310; common. ¥6.7538.15: good and choice, ~9 3.5 *p. 10.50: common ami medium, $0 50 39.35; butcher cattle mid heifers. ¥.5.7.5® 9.85: coin, $4 25*07.75: bi lls. Si i(U<( 6.75: canners. cutters, cows and heifers. 5*3 ® 4.25. calmer steers. $3.75® 5.25; veal calves. $5.55® 10.50 feeder steers. ¥o*i{ 8.2.5: rtocker steers, ¥4.50® 8; stocker cows ami heifers $3.25® 5.50. Sheep—Receipts, 14.000: market, steady to weak; lambs, rl3 ® 15.25: lambs, cull to common, sJo*n 13.50; y. ariing wethers, $9.75® 13.59: ewes. $6 50® 8.75: cull to common ewes. $3.75® 6.75. KANSAS CITY, March B.—Hogs—Receipts 13.000: market s®loe lower: bulk, -7.80® 7.95: heavies, s7.2s*o7.9o:butcher*, 57 90® 8.65; lights, $7.853 8.05: pigs $7.25®7.50. Cattle—B*eceipts. 2.500; market steady: prune- fed steers. ¥9.50® 10.75; plain to fair dressed beet steers s7®u 60: ■ —t- rn steers 3? ft9.so' southern steers. 35.2508.25; cows. $2.3506.75; heifers, 54.75®9: stockers and feeders. $5,50 0 8.50: bulls, $5.5008.50; calves. .$5.50® 10. Sheep—Receipts. 3,000: market steady; imb*. $13.25014 50: yearlings. 511.25® 1250: wethers. $809.25: ewes, 56.750 8.75; stockers and feeders, $13.50 014.50. EAST ST. LOUIS. March B.—Cattle—Receipts. 1.300. market, steady: native beef steers. $7.40: cows, $4.75 06 canners and cutters. ¥2.85®.3 75: calves. 311.24 3,11.50: stokers and feeders. $6.60® 7. Hogs—Tte- . inis. 12.5(H); market, slow. oftilOe lower: heavy. 380 8 25: medium. sß.lo® 8.35: lirht weitrhts. ¥8.253-8.35; !i.-ht lights. $8 08.35; packing sows, $6.753 7 pigs, $0 i S' bulk. $8.25® BSC Sheep—Receipts. 2.000: market, nominal; ewes, $5.503.8.50: canners and cutters. s£.so® 5.50: wool nmbs, $13®15. CLEVELAND. March 8 —Hogs—Receipts. 5.000; market. 15® 25c lower yorkers, $8.75; mixed. $8.75: medium. $8.00; pigs, ¥8.25: roughs. $7.25: stars. $4.50. Cattle —Receipts, 400: market, steady, unchanged. Shep and iambs—Receipts, 800; market.

*k Stocks A McKinnon) 12:45 Prev. High. Low. p. m. close. Willys-Ovcr.. 7% ... 7 ... Timken .... 45 43% 43% 44% Coppers— Atuer Smelt.. 67% ... 67% 67% Anaconda .. 52 % ... 52 % 62 % Chile Copper. 29% ... 29% 29% Kennecott... 43 % 43 % 43 % 43 % Utah Copper. 74% ... 74% 75 Oils— Cal Petrol.. 98% 96% 07 07% Cosden 62 61% 61% 60% Houston Oil. 73% 73% 73% 73% Pan-A Pete A 8.3% 83 83% 82% Pan A Pete B 75% ... 74% 74 V* Pacific Oil. 40% ... 40 % 40% Pro and Ref 54 % ... 53 % 54 Pure Oil ... 29% 29% Royal Dutch 54 % ... 63 % 5.3 % St Oil of Cal 62 % ... 62 % 63 S. Gil of N. J. 45% 43% 43% Sinclair 33% 33% 33% Texas C 0.... 52 % 52 62 % 61 % Industrials— Allied Chem. 78 78 78 Amer. Can. .104% .... 102% 103% A. H. & L. p 73% 74 Am. Woolen 105% 104% 100 Cen. Leather 39% .... 38% 3!) Coca C01a... 73% 78% 78% 78 Comp. AT.. 79% 79% 79% 79 Cunt. Can... 48% 47% 48% Kndicott-J.. . 77 .... 77 76% Fain. Players 89 % •. .. . 89 % 89 % Gen. Asphalt 62% 60% 60% 62 May Stores.. 74% 74% 74% 74% Mont. & W . 24 23% 2.3% 24 Owen Bottle. 47% .... 47 47% Pitts Coah. 07% .... 07 60 % K ears-Roe. .. 91% 90 1* 1 89% Sterling Prod. 65 .... 04% 63% U. S. R. S.. 82 % .... 82 % 83 U. S 111. Al. 70% 69% 09% 69% Am. T. A T.. 125 % 124% 124% 125 Consol. Gas.. 06% 05% 65% 66% Col. Gas.. ICB 107% 107% 107% West. Union 114% 114% 114% Shipping— Am. In. Cor. 29% 28 ' 28 29% Atlantic G... 28% 27 27 28% In. M. M. pfd 43 41 % 42% 42% United Fruit 180% 179 170 .... Foods— Am. Sugar.. 80 79% 80 81% Austin Nich. 30% 30% 30% • 31 Corn Prod .... 133 % 133 % Cuba C. Sg. p. 57% 57% 57% 58 Cuban-A. S. 34 .32% 32% 33% Wilson A Cos. 42% ’ 42 42 42% Tobaccos— Am. Sumatra 33% 33% 33% 3.3% Am. Tub. Cos. 15*1 155 % 155 % 150 Tob. Prod... 84% 83 % 83% 84%

slow: top, $15.50. Calves—Receipts, 600 market, 50e lower; top. sl4. PITTSBURGH. March B.—Cattle—Re- i ccipts. light: market, samel v: choice. s•> 35 • ®9.75: good. ¥3.75® 9.25: fair. s7*o 7 *>n • * veal calves. $13.50 @l4 Sheep and lambs —Receipts, light: market, si- mv. prime wethers. $909 50 good, $8.5009; fair mixed, $7,250.8; lambs. sls uo@ 15.60. '• Hors—Receipts. 20 dd.: market. lower; prime heavy. 58.50: mediums. $90910:1 heavy yorkers. ¥9@9 10' light yor. ■ rs. ; ¥8 50*8 8.75: pigs ¥ @. 8 >0: roughs, s7**2 7.50: stags, s4*s(.4 50. CINCINNATI. March B.—Cattle—Receipts. 500; niarkte. steady, butchers strong to 25c higher: shippers, $7.25*<t9. Calves —Market, steady: extras. sl2® 1.3. Ilog9— Receipts. 4.500; market. 10*225c lower; f,< :od or choice packers $8.75 shrcp—Receipts, 50 market, steady: extras, $5 00.50. Lambs—Market, steady fair to good. sls @ 15.25. Grain Briefs CHICAGO. March B—-Condition* for spring seeding in the Northwest are more favorable than they have been for years, with farmers prepared to plant a heavy uc reuse early. The winter wheat crop has made satisfactory growth ex cop t in western Kansas and Oklahoma where the draugh has shattered all records for the past thirty-six years. In this section wheat shows no signs of life. Approximately 282.000* barrel* of flour were shipped to China and other A.-iat. Hints from Seattle during February Wheat and flour exports from (he Unit® States from Jnlv ! * ■ ly " ported at 101.500.000 bushols compared 231 #OO 00 ( * year 03.600.000 -..lunar’ 600.000: oats 16.500.000 compared with 2,406,000 last year. The tendency of deferred deliveries to weakeq outside the spring wheat market | lias made flour buyers hold oft buying and j await developments. Dividends Today i F NEW YORK. March B.—Elliott Fisher toj day announced a divt*h*nd of 5 per c**nt a share on the common anil common “B' : sto' s a; ,1 • • r-gular quarterly 1 % per cent I'— f, rrol divide!)*!, all payable April 2 to -to-k of record March 15. The I'onimmi ‘J!" stock resulted from the declaration of j a 40 per cent stork dividend Jan. 2 of this j jear. , j Other dividends announced include: Dayton Power and Light—Regular quar- ! tcrly $1.50 preferred dividend, payable April i 2, to stock of record March 20 j duett Peabody A Co.—Regular quarterly j $1.75 preferred dividend, payable April 2. I to stock of record March 21. Hood Rubber —Regular quarterly $1 dividend on common payable March 31, to stock of record March 20. Southern Railway—Semi-annual 2% per cent preferred dividend, pavnhlc April 20. *o stock of retell March 29. A-tlon of dl-r-'-dors In rt‘--i.'irlmr 2% per cent semi-an-nual preferred dividend at this linn- t ■■ >“ payment date* for those dividends In April and November are Chase National r, i ir quarterly 4 per cent dividend payable April 2, stock of record March 17. Chase Securities Corporation—sl dividend payable April 2 to stock of record March 17. Indianapolis Stocks —March 8— Bid. Ask. Am Central Life 2**o Am Creosotiug Cos pfd 99 192% Adv Rumel.v Cos coin ... Adv Rumely Cos pfd ... Belt 11 R com 68% 70 Belt R R pfd 03% Century Bldg Cos pfd . .. . 90 Cities Service coin coat. .... .188% 190 Cities Service Cos pfd 69. 70 Citizen* Gas Cos com 27% 28 Citizens Gas Cos pfd 98 101 Mfg Cos pfd Ind Hotel com 100 ... Tnd Hot*-! pfd 99 Ind Nat Life Ins Cos 3 . . fnd Pipe Lino Cos 99 10.3% Tnd Title Guaranty Cos 70 80 I Indr,is Abattoir pfd .46 50 Tndple Os’ 50% 52% i Tndpln A Northwestern pfd. . . .38 ... i Tndpls A- Southwestern pfd. . . 00 j Tndpls St Ry 85 70 ! Tndpls Telephone Cos. com ... 1 ... 1 fndn*s Telephone Cos pfd . . . PO .. . Tndpls Water Cos . . 102 ... | Mer Pub Util Cos pfd 81 Nat Motor Car Cos . I 3 . Pub’ic Sav Ins Cos 10 ... i Ranh Fertilizer pfd 50 ... Standard Gil Cos es Tnd 67 68% , St* rinv Fire Tns Cos 7% .... T H T A- E com 3 8 T H T A K pfd 15 22 T If Tr * Lt Go pfd 02% Union Trac of Tnd com .3 6 Union TV of Ind I*l. pfd 32 Union Tr of Tnd 2d pfd 7% 8 Van Canan Hardware pfd .. . 90 % .. . Van Camp Fred Ist pfd ... 90 1 4 09 Vi- Camp Prod 2d pfd 10.3 Vandalia Foal Cos com 2 3% Vandal Ia Coal Cos pfd 12 14% Walinsh Rv Cos com 9% 10% Wabash Ry Cos pfd 29 31 Bond* Belt. R R A S Y 4s. May. ’39. 82 j Til-nail Ripple ss, July. '43... 07 70 <'*>* ss. .Tub-, ’42.... 88 90 Ciljzcr.s Gis 7s serial 100% 103 t'i! St R 11 ss. May. ’3.3 80 89 I In-: Coke A G*= Os. Anri!. ’46. 92% ind Hotel ss. .Tu!v. ’3l 93 Ind Hotel Cos 2d o*. draw-able. TOO Tnd North ss. Oct . 33 41 Tnd v V ,t- Lt 5s T-.o . ’43. . . 80% 94 Ted TT Tr ss. July. ’33 41 'ruin’* Ab Cos 7% - =opt. , '.qi .100% IP3 I India’s Cot &So os. Feb.. '4B. 97% 100 , Tndp's Gas ss. Oct.. ’42 88 92 Tndpls Lt A- Ht 5s April. '4O. 05 93% Tndn'e A Mirt 5* .Tnn . '32... 61 63% Tndn'a North 5 Julv. ’32... 68 63 Tndo's A V W ss. March. ’22. 53 58 : Tndo's A- 8 F ss. .Tati , ’36. . . 52% Tndpls Sf R R 4*. Tap. ’35. . 66 67% Tndnls Tr * Term s*. Jan. ’.3.3 88% 89% Tndo’s FnR 5s .Tart '65. . 97% 100 Tndnls TT r r 4’ ,= Mar ’26. 95 Tndo's Water 5* July ’36. 97® 99% T...ln’s Water 4 tie. Tan ’a-9 . 85® 9R Kokomo M A W ss. Julv '38.104 105 9 a Ind Power 6s '-U '3l. .. 101 T H I A F ss. Aar’' '-, 73% 76 TT Tr of To-' 9* r 74 77 Sales :00 Liberty 3’4 9 1.. . . 101 20 p poo r 1 4 - * 98 20 1 000 Lihertv 2d 4%s 98 08 o 000 r.o,a rv pa 411* 98 04 5.000 Lihertv 4*b 4%s 98 °0 10 000 Lihertv 2d 4% S .. I 98 54 IO 000 T.tbertr 4th 4%s 98 20 1.000 Victories 100.08 Vt.-tones 100.08

THE INDIANAPOLIS TIMES

OH mToFEffiffi Liverpool Market Shows Gain With War Predictions, By United Financial CtuGAUU, March B.—Grain prices advanced at the opening of the Board of Trade today, due to bullish foreign news and a stronger Liverpool market. The statement of J. Hamilton Lewis, forecasting war in southeastern Europe within the near future unless the United States intervenes, created a nervous feeling in the pit Wheat advanced fractionally. Argentina reported heavy demands from nearby shippers. Export during the night approximated 400,000 bushels, mostly Manitobas and durums. The southwestern wheat crop was reported in a satisfactory condition following some rains. Corn was bought heavily by feeders. A higher Argentine market prevailed. About 300,000 bushels were worked for export overnight. Better cash buying and moderate export selling caused strength in oats. Provsiions were higher as result of heavy lard buying, said to be for export, and an irregular Liverpool market. Chicago Grain Table —March 8— WHEAT— Prev. Open High. Low. 11:45. clone. May .110 1.19% 1.19% 1.19 1.18% 1.18% 118’, July .1.14% 1.14 H 1.14% 114% 1.14% 1 14 % CORN— May . 74 .74 Vi .73% .74% .73% 74 % July . .76 .76 .75% .75% .75% .75% OATS— M>v . 45 45% 44% .44% 44% July . .44% .44% 44% 44 % 44% CHICAGO. March B.—Car lot receipt*: Wheta, 17; corn. 241: nits. 78; rye, 4 Local Hay Market Loose Hay—sls*3l7: bah-*. sl6® 17 heavy mljre<l hay, sl.3® 11; light mixed hay. sls 017. Cosm —77 ® 80c Oat*—.",2 % 55c Local Wagon Market Local mills are paylny $1.28 for No. 2 red wheat. Active Bond Stiles. •■More than J 41.000 worth of Liberty Bonds changed hands at th*> call of the Indianapolis stock exchange to day during one of the most active session in months and by far the most active of 1923. The bonds were bought on a practical parity with the New York quotations and offerings were ahsOrbed largely by banking Interests. In addition to the sales of Liberty .Bonds, SI,OOO worth of Citizens Gas 5 per cent bonds were sold.

Produce Markets INDIANAPOLIS, March 8 K*f— Fresh candled, .33c. Butter—Packing atock, 2*1.Capon*—Seven lb.* up, 23c. low's 3 % ’h* up. 22c fowl*. straJuht 22c: leghorn poultry. 25 per cent discount. sprtn**. 9c: cocks. 12e: tlfc; young tom turkeys. I 2lbs up. s<> young lien turkeys. 8 lb* r.p. .32c; old tom t .rke>*. 15<;- du-'k*. 4 ll.s up. 15.•: *•' can IS lb up, 13c. squaba. II lbs to dozen. 85 Indianapolis ur* unerl*-* are paying 520 a lb for butter fat. CHICAGO, March B. Butter- Receipt*. 6.575; creamery extra, 47c, standard*, 46 He; Arris. 4,5 •,< 45%: seconds. 44® 44%c i’ ■ - Ib.i-ip!) 12.0.15 onlin.iri first* 79 '® ,31V llr-'ls. 31 4j .31 %'■ Cheese —Twins. 23’j'o. 24” Young Americas, 26® 20 %c. foil.try—Receipts. 7 ear* fowls. 20%.’ ducks. < I3r spring*, 25.’. turkeys. 20c; root!’rs. 17c. Potatoes—Re*'el’it 172 cirs, Wisconsin r.ll nd whip-Bac-ke*! 90c(351. best $1 06. lock $1.05® 1 10: Minnesota '-v:.*t. saekol, 85®90c. Idaho Russets. $1.25*31.50. CLEVELAND March B—Bitter—Extra In t b 1MA£(.5.3 %c proi’s, 04 ® .’>4 **c- firsts. 51 ®1 %c. Eggs—Fresh northern Ohio extras 38c: extra firsts. 37c' Ohio firsts. 350; western first*, 34 %e Poultry- Live heavy fowls. 254i27e; roosters. 10®17c: ducks, 25c: goesn, 20e; turkeys. 30c. Potatoes— Michigan. s2® 2.50 per cwt: New York. $2.10® 220 per 150 list Colorado brown beauties. $1.70 per cwt, Idaho russeta, s2(ui 2-60 per cwt. NEW YORK March, 8/—Flour, quirt to steady: pork, firm; mea*. 27®28c- lard, firmer: middle west spot. 12-to*® 12 55c, suirar. raw, firm; centrifugal. 90 test. 7 16 ® 7.28 c; refined, dull granulated. 8.75® 9 15c; coffee. Rio. No 7 spot, 1313%c: tallow, firm: special to < \ira. 0 *//. 9% ■: city. R%e; dns-’d poultry, quiet- turkey 1. 25 ® 39*’; cliieV. ns IS® 46c: fowls. 15 u. 11b *luek*. 10 'lie llv* poultry, quiet; pet-se. 16*1*22”: ilu-ks. 3f)®:;B' fowls 25 ftt‘:7c: lurl-ey-*. .'lti'c 4 se: r*Mi*tera, 10c: enlckeiiß, 22 ® 4 >c: broiler* 80® 85c: chseoo, firm: stale whole milk. <omniou to spi-ciies. 35®29%c; butter, woak receipts. 8.028: iri’amery extrn. 47%*-; rpe.dnt market. 4s-(i 4.8 *4 e; state dairy tubs. 42® 47c; egg*, easy; receipts. 19.780; nearby whin s, fan -y. 44® 47c: nearby state white*. ;!B<fl4Bc: fresh first* to extra*. 87% ®4le: Pacific const, 39*iC43c went’-rn white, 38*f#43c; nearby browns. 41@47e. In the Cotton Market By United Financial NEW YORK. March B—Cotton opened lower, March, 30.90 c. off .30 points: .May, 31.18 c, up 12 point*: July. .30 35c, up 1 point; October. 26 7.3 c, off 12 points. Dressed Beef Prices Wholesale selllnn tirlees of dressed b**ef. Swift A- Cos.: Ribs—N'o 2. JRe, No. .3.14 c. Loins —No. 2 2.3”. No. 3, !9<’ Round*— No. 2. 16c: No 3. $1.3”. Chucks--No 2. lie; No 3.9 c. Plate**—No. 2,7 c; No. .3. Or Cloverseed Market Clovorseed was quoted sß® 12 a bu in Indianapolis today Raw Sugar Market Uy J'nitcd Financial NKW YORK, March B.—Raw tmg&r opened hiirh#T. March, May. 6 5.82 c; September, 5 00®5.fllc. ILLNESS DELAYS JOURNEY “Courtesy Trip” to Illinois Is Postponed Month. Due to inroads of influenza ami other ills- among Indianapolis wholesalers and their employes, & “courtesy trip" to Illinois cities planned by the Chamber of Commerce wholesale trado division for March 14-10 has been postponed to April 17-19. One member reported twenty-two employes ill. The trip will include Danville, Decatur, Urbana, Champaign, Clinton, Mattoon and Paris. Second Blow or l-iocfure The second of a series of five lectures by Georgo Cromw 11 Blower will be given at. 8:15 tonight at the K. of P. Hall. The first, on “Living by a Plan,” was given Wednesday night. ■■ * - * *■ -■■■■■ - Tire Taken From (Jar A $25 tire was stolen from the automobile of Monroe Starks, 3558 Washington Blvd., parked near his garage Wednesday night.

. - - . i iff . —— izm No Refunds, Exchanges, Layaways—C. O. D., Phone or Mail i V TTt W if***' 1/^ , Orders on Bargain Friday Items. i |*| f* '4 1?, f Mi. i 8 B In many instances quantities are gg | | W p s a \W % -P % 4* • limited. Prices are effective ** iS .* , .. . Hart Schaffner & Marx Guaranteed Clothes for Men, Young Men and Boys (8 to 18) while supplies last. JJ From Here and There on First Floor

Remnants of Silks at % Off Marked Remnant * Price Blouse, dress and trimming lengths; plain and novelty crepes, taffetas, satins, sport silks, etc. For example; A remnant marked $3.00, deduct onefourth and pay $2.25 for same. ALL-WOOL CREPE -Yard wide; black, navy, tan and scarlet: suitable for dresses; $1.25 4*o qua.ity, yard i/OC NAVY FRENCH SERGE—f>4 inches wide; ail wool; desirable shade of navy blue for dresses; (%i jo $2.50 quality, yardpl,4’o Remnants of Wool Goods at Off Marked Remnant Prices Dress, coat. suit, cape and skirt lengths; polos, velours, Bolivias, tweeds, serges, trlcotines, Poirets and various kinds of plain and novelty coatings. For example: A remnant marked $4.00, deduct onefourth and pay $3.00 for same. TURKISH TOWELS—lndividual size, soft absorbent thread; llie •* * quality ’ iIC DISH CLOTHS Mesh r weave; 10c quality ....DC MERCERIZED TABLE DAMASK—SB inches wide, stripe or check de- a q sign; 75c quality 4uC

ON SIXTH FLOOR

STAMPED VANITY SETS— One oblong and two roundend doilies; attractive French knot patterns; white art weave cloth. 35c -l q quality, set llzC SILK AND WOOL YARN—-*i-Ounce aJl ,i l-ounce balls; complete color lino for spring garments; 50c quality (limit 30 balls to cus tomer); ball bjC STAMPED CENTERPIECES —36 inches in diameter; at tractive patterns; linen-finish art weave cloth; or* 39c quality LdC

For Men MEN’S SHlßTS—Collars attached; of percale, perfectly tailored: coat style, low, short-point collars attached; durable, neat, conservative stripes, also plain white, tan and gray; sizes 14 to 17; SI.OO 7 r quallty *|L MEN'S BLUE CHAMBRAY SHIRTS —Turndown collars attached; sizes 14% (“r* to 17; 86c quality DDC MEN’S UNION SUITS —Fine spring needle rib, quarter sleeves, ankle length; aq $1.50 quality */uC FIREMEN’S SHIRTS— Steifel’s Indigo blue; two separate collars; coat style: guaranteed fast colors, sizes 14% to 16%; no $1,50 quality $ jC Hosiery Specials CHTI/DKKN’S STOCKINGS— Heavy rib. reinforced toe and heel; black: very serviceable; size* 7 to 9%; 1 *>l/ 19c quality, pair ....IL/2C tVOMF.X'S HOSE—Fully reinforced; seamed backs; black, brown and white: aac- in onda of 25c quality iUC In the Candy Department An unusually complete and attractive assortment of Interesting novelles, Including rabbits, bunny wagons, gayly decorated Easter eggs, aa well as delicious candy eggs, in fact our assortment includes most any Easter novelty you may desire. YVa Invite your inspection before making *our Easter selections. Friday Specials HAND-DIPPED BONBONS AND CHOCOLATES— *}n Special, 1-lb. box •JbC BRILLIANTJS HARD MIXED CANDY—Special, *ll pound Z4C BARCELONA FILBERTS—40c quality. OA pound % bvC

Rear Aisle Eight Penny Rummage Sale Two table s —. broken lines: 'j Up toloc -J ewelf y Qualities, - Button3 Choice, Each, —Women’s Neck-l - wear ) 1 g* —Toilet Articles./ J-w —Notions ....... WOMEN’S RAINPROOF UMBRELLA S —26 iuen American taffeta covers, tape edge, novelty white and colored celluloid ring handles; $1.50 £C quality vvl LEATHER HAND BAGS AND VANITY BOXES— Vanity boxes of patent leather, and swagger envelope bags of leather; SI.OO ami $1.50 aU qualities, each TtvJL. Clean-Up Sale of Boxed Stationery 50c, 59c and OQ 69c Qualities. . .£tiJ C Hollywood linen, Venus, Novelle and other high grade brands. Broken lines, all desirable colors; several kinds of envelopes. While they last, box U!>C “STRATH HAVEN” LINEN FINISH POUND PAPER--60 sheets to box; *vr 30c quality, box Z.DC ENVELOPES to 1A match, package 11/C INDIANAPOLIS SCHOOL TABLETS and advanced (limit 3 to customer) — |A„ • 3 for luC VELVET LEAtI PENCILS—--1 Limit 3 to customer) -t a 3 for I l*C

STAMPED NOVELTY APRONS FOR WOMEN AND MISSES—Of good grade unbleached muslin dot ii. attractive patterns in applique designs; 59c a r* quality CHINESE WORK BASKETS —Miscellaneous lot. from 9 to 12 inches in diameter; some decorated with rings, coins, beads and tasseis; others are band painted; in 75c quality 4uC

THE BASEMENT STORE

Domestics and Beddings UNBLEACHED SHEETING— Two yard* wide: s*>ft finish, medium weight (limit 5 si yards to customer), yard. BLEACHED SHEETS Inches, center seam, finished with deep hem (limit 4 *7i to customer), each ItC BLEACHED MUSLIN Yard wide, soft nainsook finish; 22c • quality (limit 10 yards ir to a customer), yard iDC UNBLEACHED SHEETING—--2% yards wide; 70c quality (limit 5 yards to a gjv customer), yard TtUC WHITE OUTING FLANNEL— Yard wide, double fleeced-; quality, •. .7 yard I/C PI I,LOW TUBING—I 2 inrhc* wide, soft heavy round thread j 45c quality (limit 10 yards to a customer), yard PERCALES Yard xvido; light and dark patterns: stripes, figures and dots; up to 1 /• 29c qualities, yard iOC CURTAIN SCRIMS—PIain and fancy open work border; 1 to 5 yards long (whilo 300 r yards last), yard 3C CURTAIN MAKtH’ISETTE— Yard wide double thread; plain iiia(*(|((i*otto; vvhhc, Ivory, corn; 1 *7 21e quality, yard i/C CRETONNES—Yard wide; attractive floral and bird de*tgns; medium and dark color* 1 extra v ri Mpeciat, yard IdC CURTAIN 50.R1.11S —Yard wide; wide tape r*lge In white and cream; hemstitched effects, also openwork borders; variety of patterns; up to 19c * n qualities, yard IlfC BED P I LI, O W H InehcH. tilled with sanitary feathers, attractive stripeil coverin'.*; St.lo Cn quality, each IvC

WOMEN'S JERSEY BLOOMERS —Knee length, elastic at knee, reinforced, flesh color; sizes 27 and 29c; 39c qual- 19c WOMEN’S 2-CLASP WASHABLE CHAMOISETTE GLOVES—White and gray; sizes s'/ 2 and 6; 50c quality. while 50 pair3 1 a last IUC WOMEN’S 16-BUTTON WASHABLE FABRIC GLOVES —White and pongee shades; $1.50 qn quality, pair D/C SALT AND PEPPER SETS —Glass with silver tops; 69c quality, qa pair O J C Half-Price Sale of Broken Lines of Silver-Plated Ware Wm. Rogers and Oneida Community par plate, including —Tomato Servers —Knives —dream Ladles —Forks —Dessert Spoons —Spoons —Berry Spoon3 —Butter Knives —Sugar Shells 39c Quality 59c Quality 29<) $1.17 Quality 59<* $1.98 Quality 99<* and so on up t 054.50 $4.50 Quality .. 52.25

One Day—Friday Only—Third Floor Pumps, Strap Pumps and Oxfords S~-0° Q|SB.OO .p© SIO.OO \ = Qualities ttlliiii Lucky is the woman who gets a pair of these shoes at $2.95. For there is only a limited selection and they will sell in a hurry. Black Satin Black Calf Black Kid Patent Leather Brown Calfskin Pumps and oxfords in styles .of pleasing appearance, durable qualities; formerly $7.00 to SIO.OO. Military, baby French, high French and walking heels. Few sizes and widths missing. Come in the morning to be sure of getting your size. Pair, $2.95. Boys’ and Girls’ Sale of Women's Rugged Shoes -4 Comfort Slippers 1$ Made of dark brown Vkß leaf her, xaxtensinn %*JS Made of bla’k kid, xpO solca, neat and sturdy; H turned soles and rub- H every pair perfect. her heels. Sizes 3to R Sizes 6 to 2 Sale price

Silk Dresses For Women and Misses Sizes 16-18-36-38 *8.63 Broken lines of our higher priced taffeta, crepe de chine and canton crepe dresses; in all the new spring shades; marked down for quick disposal Friday at $8.06. WOMEN’S AND MISSES’ COATS —New spring styles in fancy mixtures; sport styles with mannish pockets and belts. Just 10 in the group; while they (b r* A A last, special tpJ.UU WOMEN’S AND MISSES’ APRON DRESSES—Of good quality percales, pretty checks and figures. Special (2 for $1.25), each ViC WOMEN’S AND MISSES’ SWEATERS—AII wool, slipover style; black; $2.00 quality, while 40 last, 6a special .* 09C LINGERIE BLOUSES FOR W OMEN AND MISSES-Of voile* and lawns; slightly counter tossed; SI.OO a-i quality, while 50 1a5t....“/C

ONE DAY—FRIDAY ONLY RCYS’ JUVENILE OVERCOATS i$ t .69 2% to 6-Year sizes. Fifty-four boats In the ■ ~ lot. Button-to-neck style. Dark brown and 7 Jb gray. Plaid lined. BOYS’ BLOUSES—B to 16 BOYS’ ALL-WOOL TROU Year sizes. Light and dark SERS 8 to 17-Year sizes, stripes, plain blue. On j Blue rerge and suit (b-g f| Special *J?7C ! patterns. Full lined. j) 1.4 U

MEN’S OUTING FLANNEL NIGHTSHIRTS—Sizes 16, 17, 18. neat stripes; well made; $125 quality, while 50 garments last, each PURE SILK SOCKS FOR MEN Mercerized ribbbed lisle top, fully reinforced foot; all sizes; white and gray; 55c and 65c qualities, pair SILK AND WOOL SOCKS FOR MEN Sizes 11 and 11%. Smart sport rib; medium weight; brown and blue heather; 50c quality, pair Aii/v. PURE SILK AND ARTIFICIAL SILK KNITTED TIES FOR MEN Cross stripes, diagonal stripes and novelties; 65c to QQ** 95c qualities JlrC B. V. D. ATHLETIC UNION SUlTS—(Limit 2 suits to customer), $1.50 QQ _ quality, suit -OXf C MEN’S H A N D-\ KE R CHIEFS \ 15c and White, half linen,l 25c hemstitched hem;f Qua!white cambric) Ities, with satin stripel _ border; woven! Ort colored border inj i/v several colors .../

Silk Dresses For Women and Misses $7.50 Quality, Sizes 16, 18 and 36 5 2.98 Os silk and satin; black, ijavy and brown; straightline styles. 25 in the lot GIRLS’ PLAITED SKIRTS—--8 to 10-year sizes; of good quality check velours with muslin tops; very suitable to wear with middies; (£■* oa while 12 last s*<£/ WOOL MIDDIES AND SMOCKS — Os good quality flannel; navy, red and billiard green; $3.00 quality; while 50 last, | n Q special .<)) A*oo Muslin Underwear Bloomar* Envelope Stepins Chemise Gown* I’etticoat* A group of salesman’* samples, slightly soiled. While £*n 'hey last Friday only OUC

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