Indianapolis Times, Volume 35, Number 26, Indianapolis, Marion County, 11 June 1923 — Page 11

MONDAY, JUNE 11, 1923

RAILS CONTINUE TO HOLD CENTER > OP MARKET STAGE Advance of Whole Carrier Group Lends Strength to General List, The WALL STREET JOURNAL By THE WALL STREET JOURNAL NEW YORK, June 11.—Rails were strong at the opening of % the stock market today with a fairly active turnover in which the general list of industrials was slightly higher while oils showed little change. The bulk of the early trading was in railroad shares which influenced the equipment stocks and caused some show of strength In this group. Favorable sentiment was noticeable over the subscription of the Austrian loan. First Hour Rails continued to outstrip industrials in activity throughout the first hour. Atlantic Coast Line led the standard rails, establishing anew high on the move in response to the company's remarkable rate of current earnings. Current demand for rails has been more sustained than at any time in several years and many bankers believe a real bull market is under way for the carrier stocks. Second Hour K Peersistent accumulation of standard rail shares continued to feature the late morning trade, though the percentage of trading in rails as compared with industrials, failed to keep Saturday's pace of two for one. As the advances were taking place, some profit-taking began to appear as the natural result of the group movers*nt and checked somewhat the forward movement of the rail list. Noon Horn Stocks of the industrial and specialty group began to r.h >w signs r t activity in the noon dealings under stimulus of a drive or. the shorts of California Pete, which was followed by special strength in issues of the calibre of Wcolworth, Kr;spe aid General Electric. Industrials at this point began to assume ;he harden of activity that had rested who rails Fourth Hour Reports that developments during the last few days made the outlook for the establishment of anew dividend rate for New Vork Central somewhat brighter caused accumulation in these issues that again brought the carrier group to the forefront of speculative attention ar.d equipments again picked up in the wake of the rail revival while Industrials continued to give* further evidence of coming to life. Closing Hour The day’s stock market session closed with the balance of activity slightly favoring the industrial side c|espite the early activity of rails had fe : • ured Saturday’s short Session. H wet Southern Railway late managed to establish anew high for the year while bullish demonstrations continued steadily in a number of the low-priced carriers. Local Bank Clearings Indianapolis bank claerfnps Monday were $3,812,000: bank dibits were $0,019,000 Foreign Exchange By United Financial NEW YORK. June 11 —Foreign exchange opened irregular Sterling, demand. S4 60 13-10: cables. $4.01 1-10 Francs, demand. 6.42 c. cables. 6 42%e. Lire, demand. 4 02- cables. 4.02 %e. Be’pi an. demand. .0 53c: cables. 5.53 44c Marks 8; 030 to dollar Crecho-S demand. 2.9ce: table*. 2.98 %c Swiss. do mand. 17 95c cables 17 97c. Guilders, demand. 39.15 c: cables. 39.18 c Pesetas demand 15 03 cables 15 o.>c Sw eden, demand. 20.55 c: cables. 20 59c Norway, demand. 10 71c: cables. 10 75c Denmark, demand. 17 89'; cable? 17 93c.

Produce Markets

INDIANAPOLIS. June ll—Fresh eggs. 18e; packing stork butter. 25c: spring, l i, to 2 lbs . 35c: fowl?, straight 20c fowls, under 4 lbs.. 160 leghorn poultry. 25 per cent discount: cock*. 10c; -oung tom turks 25c: old tom turks. 20c: ducks. 5 lbs up. 13c: geese. 10 lbs up, 11c: squabs. 11 lbs to doz , So. Indianapolis creameries are paying- 8c a lb. for butter fat. CLEVELAND June 11 —Butter—Extra in tubs. 43 @4sc prints. 44 ® 40c: firsts. 41®43c: packuig stock .-ib-- Kws—Freeh gathered northern extras. 26 ’Ac: Ohio firsts. 24<554He; western firsts, new easts 21 He. Poultry—Heavy fowls, 270 2Sc; ii-rht fowls 23® 35c: stags. 18c: mooters. 15® 17c: broilers. 45c ducks IS® 25c Potatoes —Michigan. $1 75 per 150 pounds: Florida •now stock. No 1. 27 25® 8,.i0 per barrel; o. 2. S6 a barrel. CHICAGO. June 11—Butter—Receipts. 2.603: creamery extra. 30c: standards. 30c: firsts, 35t4@36 l ic Eggs—Receipts. 47. 033; ordinary firsts. 20H ®2lc; firsts 22 H ®23c. Cheese—Twins, 24%®250: voting Americans, 25c;. Poultry—Seven oar* fowls, 21c: ducks. 23030 c: geese. 13020 c: springs. 20c: turkeys. 20c: roosters. 12e: broilers, 38® 42c. Potatoes—Receipts. 130 cars Minnesota round whites. 70®90c: Alabama and Louisar.a trh:mps. 52 50® 2.75: South Carolina cobbler, 58. NEW YORE. June 11 —Flour—Dull, unchanged. Pork—Dull: mess. 825.50® 20. Lard—Easier: middle west spot. sll 75® 11.85. Sugar—Raw. quiet: centrifugal. 96 test. 8 10: refined, quiet: granulated 9.75® 9.90 c Coffee —Rio. No 7on spot. 11 % ® 11 He: Santos. 14H ®lsc. Tallow—Steady: special to extra. fir, ®7He: city. 6He. Dressed poultry—Dull; turkeys. 25®42c: chickens. 18® 43c fowls. 13@31c; ducks 20® 25c: capons 30® 46c. Live poultry— Steady: geese. 15®lc : ducks. 15®23e; fowls. 24c; turkeys. 20®30c: roosters. 12c; broilers, 30® 55c. Cheese—Steady: state whole milk, common to specials. 20®29 % c; state, skims, common to specials. 10® 18c. Butter—Firmer: receipts. 6,593: creamery extra. 39 : 4®39%c: special market. 39 4*® 404 c: state dairy tubs. 34H @39c. Eggs— Receipts, 15,783: nearby whites, fancy. 38 @4oc: nearby state whites. 26% ®37e ; fresh first? to extras. 26®29%c: Pacific coast. 32® 38c: western whtie. 27® 37c: nearby browns. 31® 37c. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift 4 Cos.: Rib*—No. 2. 18c; No 3.15 c. Lonis—No 2. 26c: No 3.23 c. Round?— No. 2. 20c: No. 317 c. Chucks—No 2. 12c: No. 3,19 c Plates—No. 2. 7c; No. 8, oe. Raw Sugar Market By United Financial NEW YORK. June 11—The raw sugar market opened lover. July. 5 92c: September. 5.95®5 9Se; December. 5 48c. March. 4.15®5.17c. Railroad Yet-orans to .Meet ■■Members of the Pennsylvania RailI road System Veterans’ Association ftfrom the entire southwestern region, ■comprising Indiana and Central Ohio, Kvill attend the first annual picnic at SSI he State fairground July 21. Between ■,OOO and 10,000 visitors will come on trains, according to C. W. chairman of the committee ir. C-jlarge. Officers of the railroad are J~£| speak.

New York Stocks (By Thomson & McKinnon) —June 11—

Railroads— 1:45 Prev. High. Low. p. m. close. Atchison .. . 103 ** .... 102 103 ®* B. & 0 5314 .... 5144 51% Can. Pacific 155 154 44 154% 154% c. R I. & P. 3% 32 44 33 Gt Nor. pfd. 74% •••• 74 74 44 111. Central .112 44 111% 112 44 Lehigh Val... 04 44 .... 03 4* 04% L. & N 92 44 91% 91% N. Y. Cen. 104% 101% 101% 102% Nor. Pac. . . 74% . ... 74 74% Perre Marq.. 47% 48 48 44 47 4* Pennsylvania 45 44% 44% 44% Reading 78% .... 77 4* 77% Pacific 9144 90% 91 91% St. Paul ptd 41 40 4* 40 44 40 44 St L & S W 34% 334* 34 Union Pac . 138 % 137% 137% 138 Wabash pid 31% 30% 31 31 Rubbers— Kelly-Spring. 45 43 % 43 % 45 U S Rubber. 51 ... 50% 51% Equipments— Amer Looo .143 14144 14144 142% Baldw- Loco .133% 131% 132% 132% Gen Elec ...178% 178 17844 ... Lima Loco.. 00% 65% 05% 66% Pr St! Car.. 65% ... 65 65% Pullman ...120 44 ... 120 120 Westh Elec.. 56% 56% 56% 56% Steels— Bethlehem.. 53% 52% 53 53% Crucible ... 74% 73 74% 73 Givif States. . 85% 84% 85% 8444 Rep I and S 51% 50% 50 s ? 51% U S Steel.. 98% 98 96% 96% Vanadium .. 33 % 33 % 33 % ... Motors-* Chand Mot.. 61% ... 61% 61 Gen Motors.. 15 14% 15 14% Max Mot. B. 1544 15% 15% Studebaker ..112% 111% 111 5 * 112% Stew. 4Varn.. 93% 92% 93 Timken 38% 38% 38%

ALL GRAINS SHOW SLIGHTDECLINE Heavy Selling and Lack of Demand Cause Slump, By United Financial CHICAGO. June 11. —Heavy gelling, together with lack of demand, caused : prices to decline on the Chicago Board ; of Trade today. Previous buyers who sought to sell i on receipts of better crop news found ,it difficult to secure buyers. There j was absolutely no export demand. A i factor in the weakness was a report ! from Berlin which stated Prussian crops had improved during May. Shading of premiums caused an I easier feeling in corn. The cash market was dull and erratic. Feeder demand had practically disappeared with heavier livestock shipments Oats were lower with good crop reports, free offerings and large receipts. Following a weak opening, provi- ; sions firmed up with a fair class of I buying by a local commission house. Chicago Grain Table —June 11— WHEAT— Prev Open High Low- Close ciosJuly 112% 112% 110% 1.11% 1.11% Sept 110% 1.10% 1.00 1.09% 109% Dee 1.13 1.13 1 11 % 1 11 % 1 12 I CORN— July. .81% .82 90% .81% 81% Sept 78% 7.8 % 77% 77% 77% Dee.. 67% 67 % 07% 67% ,67 OATS— July 42% 42% 41% 41% 42% Sept 38% .37% 38% 38% 39% Deo 40% 40% 39% 39% 4b ! LARD—- ; Julv 11 15 11 27 11 15 11 27 11 22 Sept 11 35 11 47 11 35. 11 47 1142 RIBS—•JuIv 8 85 8 95 8 80 8 95 8 95 Sept. 912 922 910 922 920 i RYE— Julv 72% 73 72 72% 72% | Sept. .74 74% 73% 73% .73% CHICAGO. June 11 -—Car lot receipts- ; Wheat, 3: corn. 76: oats. 56 rye. 1: bar- | ley. 11. CHICAGO June 11—Primary receipts Wheat 885 000. against 1.097.000: oorn. j 827 000. against 1 039,000: oats. 871.000 ■ against 1.037.00 Shipment?- Wheat. 991.iOOO. .against 593 000: com. 513.000 against j 676.000. oats. 630.000 against 707.000.

Cash Grain

INDIANAPOLIS. June 11—Total reoelpts lor the day. 97 cars. Grain prioas quoted fob basis. 41 %c to Ne wYork Bids for oar lots of gTaln an ! hay at. the cal! of the Indianapolis Board of Trade were: Wheat—Through billed No. 2 red. $1.16 @llß. Corn—Steadv No 2 white. 79 l !?80%e: No. 3 white. 78@79%e; No 2 yellow. 78 @6n%e: No 3 yellow 77@79%e; No. 2 mlxd. 77 % @ 79-' No. 3 mixed. 77%@78c. Oat*—Steady: No. 2 white. 41%®42%e. No 3 white. 40% @4l Ho. Hay—Strong N r - 1 timothy. 19@19%e: No. 2 timothy 78 % @ 79c; No 1 light clover mixed. sl7 50018: No 1 clover hay. sl7 @l7 50 —lnspections Wheat,—No. 2 red 1 -ar: No 3 red. 4 cars: No. 2 mixed, 2 cars; sample, 1 car. Total. 8 ears Corn—-No 2 white. 26 cars: No. 3 white, 2 nar: No. 1 ye’.’ow. 1 car; No. 2 yellow. 23 cars; No 3 yellow. 1 car: No. 2 mixed. 2 cars; N<> 3 mixed. 1 oar Total 56 cars. Oats—No. 2 white. 17 car* No. 3 white. 7 cars: No 4 white. 2 cars: No. 2 mixed. 2 car? Total, 28 cars Hay—No. 2 timothy. 3 -tars; No 1 clover mixed. 2 car* Total, 5 cars. CHICAGO June 11.—Wheat—No 2 red. $1.23: No. 3, $110%: No. 2 hard. $1 13%; No 3. $1.11%. Com—-No. 1 yellow. 83% 053% c: No. 2. 83%®83%c No. 3.83 c: No. 5. 82 %c, No. 1 mixed. 82%@83e; No. 2, 82 % @ 83c: No. 3. 82%@82%e: No. 4. 82 %c; No. 6. S2o ; No 1 white. 83®83%c; No. 2, 83@83%c: No 3. 82% @B2 %o Oats —No 3 white. 43%@45c: No. 4 43%@44%e: standard. 40%c Barley—69 @ 69c Rye—No. 2 none Timothy— $5.50 @6.50. Clover—s!s@l7 50.

Grain Briefs

CHICAGO, June 11.—Kansas will lead in the production of winter wheat with 104.620.000 bushels, the Government crop report Indicates Th yield in other Statre ranges from 14.000.000 in lowa to 56.000.000 in Illinois. Faced with a serious crop failure Russian peasants are resisting collection of grain levies for exportation purposes, cables declared. Seeding of al! grains in Saskatchewan is practically completed. Planting of rough grains and green feed will be completed by Juno 15. If Winnipeg continues to gain on the Chicago basis there is a possibility that our old erop of hard winter wheat stocks will be greatly reduced, an expert said Strck of wheat in Minneapolis showed an increase of 30.000 bushels compared with an increase of 60.000 bushels last year. Though somewhat backward. crops in South Dakota promise a favorable yield. Unless cash and export demands fail to show improvement. July wheat will lose its premium over September and may go to a discount, a leading operator predicts Local Hay Market Loose hay—slo® 20. bales. 518® 20; heavy mixed. $18®20: light mixed hay. slß®2o Corn—9o®Pse. Oats—so@6sc. Local Wagon Wheat Local mills are paying 51 15 for No. 2 red. New York Money Market By United Financial NEW YORK. June 11—Time money offered at 5 per cent: 4® per cent bid. Ruling rate on commercial paper. 5 per cent, A lew names still go as high as 54. A few reported a? low as 4 % Market extremely dull. Ca" monpy 5 per cent

„ 1:45 Prev. ~, , High. Low and. m. close. Minings— Int. Nickel.. 15 14% 16 14 44 Coppers— Am Smelt... 62% 62% 62% Anaconda ... 46 45 % 45 % 45 % Kennecott . . 37 30 % 37 SO % Utah Copper. 65 64 64% 65% Oils— Cal. Pete 108% 106% 107% 108% Cosden 47% 46% 47 48 Marland Oil.. 44 % 41 % 42 42 % Pan Am .Pete 74% 74 44 74% Pan A. P. B . 69% 69 68% Pac. Oil 36% 36% 36% Phillips Pete. 49% 48% 49 49% Pro. A- Ref... 415 41% 41% 41% Pure Oil 1944 19% 19% 1944 S. Oil of Cal. 43% 53% 63% 53% Sinclair .... 28% 27% 28 28% Texas Cos 44% 44% 44% 44% Industrials— Allied Chern. 71% ... ’ 7044 71% Amer. Can.. 100% 99% 99% 100% Am. Wollen. 92% 02*4 92 44 92 44 Coco C01a... S3 82 44 83 82% Cont. Can .. 46% 45% 45 4* 46% Fam. Players 79 . . 79 79% Gen. Asphalt 33 30% 30 44 33 4* Inter. Harv.. 76% 75% 75% 77% Mont. & W. 23% ... 23 % 23% A. T. & Tel 124% 124% 124% 124% Consol. Gas . 62% 62% 62 4* 62% Shipping— Am. In. Cor. 22% 21% 21% 22% At Gulf... 174* 17% 17% 18 In. M. M. pfd 28 27% 27% Foods— Am. Sugar.. 74 72% 72% 74 Am. Beet Sg 37% 37 37 .... Corn Prod. 134 132% 132% 132 C. C. Sg. pfd 51 47% 49% 61% C.-Am. Sugar 32 30% 31 % 31 % Punta Alegre 58% 56% 57 58%

CURB TRADING SLUMPS TOWARD CLOSE OF DAY Late Dealings Are Small and Prices Show Irregularity. By United Financial NEW YORK, June 11.—After a fairly promising opening with prices showing a tendency to firm up. the curb market today tapered off into small dealings and Irregular prices with fractional net changes. Trading was scattered and there was an entire absence of market leaders. Early dealings for the week centered on the oils and some of the low-priced metals shares, many ‘’under the rule’’ sales, taking place in the latter. In the oils Standard of Indiana fluctuated around 59. National Transit was off % at 24%. and International Pete made a gain of % at 17%. Imperial Oil of Canada was reactionary. In the industrials Eaton Axle rose to 27%, while American Loco slumped % to 71%.

Business News

NEW YORK. June 11 —Readmes* of the lr.vpi.tor? of the United States to aborb 525.000.000 of the Austrian Guaranteed loan offered by J. P. Morgan A Cos and a group of associates may prove a vita! factor in determining whether Germany Is to offer any part of an international loan to the market In view- of the recent German reparations offer ar.d reports indicating that Great Britain at least if not other nation* of the entente believes the urn* is come when in the language of Premier Baldwin, something must be done for "distracted Europe." some financial observers of Wall Street are far from unprepared for an even more specific hint that, some part of a Ger man International loan might be offered here Mr. Morgan's statement regarding Germany s need for cooperation may. therefore. it is believed by some, prove a predicate for more specific statements later Mr Morgan's statement on the Austrian loan offering in New York referred to ‘‘helping those nations of Europe which are prepared to help themslvcs toward the re-establish ment of their credit. NEW YORK—William 8. Silkworth will not resign as president of the Consolidated Exchange at the meeting of governors today ar.d will not take action until the hearings in the E. .M Fuller & Cos. failure are compiet"d or attorneys for the exchange advise it according to statement made by him to Dow Jones &Cos His resignation has not been requested. CHlCAGO—Asstsfan- States Attorney Gorman says he will present his evidence against bucket shop brokerage houses to the grand jury Tuesday mornii g. ATLANTIC ClTY—Bankers from all parts of New York are here for thirty ninth annual convention of New York State Bankers Association Important addresses are to be made during the three-day session. BOSTON—Because of weak market of cottons, many of the New- England mills are running at small capacity or are completely shut down. Strong southern competition ha* resulted in a layoff of approximately 50 per cent of the workers in Fall River mills. All through southern New England mills are curtailing output, either by cutting down hours of operation or by decreasing the number of employes. WASHINGTON—GeoIogicaI Survey estimates soft coal produced In week ended June 2. at 10.059,0,10 net tor.* Short week shows 990.000 tons from previous week Memorial day counted for one-thlrd of a day DETROIT—FinaI figure on Mar production for domestic plants of Ford Motor Company shows 170.922 cars and trucks This compare* with 159.920 in April and 121 - 073 In May. 1922.

Indianapolis Stocks —June 11 Bid Ask. Am Cent Life 200 ... Am Creosoting Cos pfd 97 Adv Rumely Cos pfd . . " Belt R R com 60 70 Belt R R pfd 53 Century Bldg Cos pfd 98 ... Cities Cerviee com 153 i57 Cities Service pfd 68 H 68% (lit Gas Cos com 26% 28 H Cit Gas .Cos pid 1 98 H Ind Hotel com. 100 Ind Hotel pfd 100 ... Ind Nat Life Lns Cos * 9 . Ind Pipe Line Cos 94 98 Ind Title Guar Cos 70 80 Indpls Ab pfd 45 ... Indpls Gas 51 H 6314 Indpls & Northwestern pfd. . 40 Indpls 4 Southeastern pfd fit) Indpls St R R fl 4 07 Indpls Tel com 1 ... Indpls Tel pfd 90 Indpls Water pfd 103 100 Mer Pub Util Cos pfd 84 Na' Mot Car Cos 3 Pub Sav Ins Cos 12 ... Rauh Fertilizer pfd 50 ... Stand Oil of Ind 4(1 H ... Sterling Fire Ins Cos 8% ... T H I & E com 3 7 T H I & E pfd 21 T H Tr & Lt Cos pfd 93 97 Union Tree of Ind com 3 fi Union Trae of Ind Ist pfd.... 34 44 Union Tr of Ind 2d pfd 7 9 H Van Camp Prod Ist pfd 93 100 Van Camp Prod 2d pfd 95 Vandal Ia Coal Cos com 2 4 Vandalia Coal Cos pfd 13 16 Wab R R Cos com 9% 11)4 Wab R R Cos pfd 30 32% Bonds Belt R 8 Y 4s. May. 30 82 Broad Ripple 5s 68 60 Cit Gas 6s 86 88 Cit Gas 7s 100 . . Cit St R R 6s 8 4 88 Ind Coke and Gas sis 90 94 Ind Hotel 5a 02 ... Ind Hotel Cos 2d sis 100 Ind North 5s 47% ... Ind Ry and Lt. 5s 90 95 Ind Union Trae 5s 47% ... Indpls Ab Cos 7H 8 100 103 Indpls Col & Cos 6s 97 100 Indpls Gas 5s 86 88 Indpls Lt & Ht 6s 94 ... Indpls 4 Mart 5s 59 H 63 Indpls North 5s 63 H 56 Indpls 4 N W os 62 H 66 Indpls & S E 5a 40 Indpls Shelby & S E 5s 51 Indpls St Ry 4s 64 65 Indpls Trae and Term 55.... 85 % 88 Indpls Union Ry 5s 94 ... Indpls Union Ry 4Hs 05 Indpls Water 5s 99 100 Indpls Water 4Hs 85 ... Kokomo Mar 4 W 5s 104 % 105 So Ind Power 6s 101 ... T H Lndpls 4 E 5s . 70 74 % Union Trae of Ind sis 71 74 Sales 51,000 Liberty third 4%s 98 84 In the Cotton Market By United Financial NEW YORK. June 11.—Cotton opened hig-her. July. 28.20 c, up 42: October. 24 85c, Up 45; December, 24.15 c, up 43. Cloverseed Market Cl overtired was quoted s7® 10 a bu. fn Indianapolis.

THE INDIANAPOLIS TIMES

LIGHT RECEIPTS SEND NOGS UPWARD Advance Carries Price for Porkers to $6.85, Hog Price* II xy Ay Day June 250-300 Iba. 20e-225 lbs. 150-180 lb*. 5. 7.25® 7.30 7.30® 7.35 7.30® 7.35 6. 7.25 7.25® 7.30 7.25® 7.30 7. 7.20 7.20® 7.25 7.20® 7.25 8 7.00 7.00 7.00 9. 6.75® 6.80 6.80® 6.85 6.85® 6.90 11. 6.85 6.85 6.85 A smaller supply of hogs at the local market, coupled with lighter receipts elsewhere, caused an advance of 5 to 10 cents in trading at the local live-stock exchange today. The advance was genex-ally a dime, as the whole day’s receipts of 7,500, including 3,000 carryovers, sold at a flat price of $6.85, compared with Saturday’s bulk rice of $6.75. Sows and pigs gained slightly in sympathy with the general market. The cattle market was active at steady to strong quotations due to light receipts of 1,000, of which number more than 300 were Stockers and feeders. A good class of stock was offered and readily absorbed. The calf market was generally strong to 50 cents higher, as a few calves were bringing a top of $10.50, as compared with $lO on Saturday, and bulk sales showed an advance to $9.50@10. Receipts. 450. The sheep and lamb market was nominally steady on light receipts of 100. Spring lambs brought $15.25 and ewes sold down from $5.60. —Hogs—■ 150 to 200 lb* $ 6.85 Medium 6 85 Heavy 6.85 Top 6.85 Digs „„ 6 00® 5.25 Packing sows 5 00® 525 Few choice steers 5 ft 75® 10 50 Prime corn-fed steers. 1.000 to 1,300 lbs 9 00® 9 50 Good to choice 6teerß 1.000 to 1.100 lbs 8 50® 0 00 Gorki to choice steers. 1 000 to 1.200 lbs 8 00® 8 50 Good to choice steers 1.000 to 1,700 lbs 7.50® 8 00 Common to medium steers. 800 to 1.000 lbs 7.25® 7.50

—Cows and Heifers— Choice ltcht hellers 5 8 50® 98S Good light heifers 7 00® 875 Medium heifers 6 00® 7.25 Common heifers 6.00® 6.00 Fair cows 4 00® 5.00 Cutters 2.75® 3,25 Canner* 2.25® 2 50 —Bulls— Fancy butcher bulls 5 6 00® 6 50 Good to choice butcher bulls. 5 00® 550 Bologna bulls 3.75® 4.50 —Calve*— Choice veals 5 9 50® 10 50 Good veals - 9 00® 9.50 Medium veals 800 0 9 oo Lightweight veals 7 50® 800 Heavyweight v. a!s 7 00® 7 50 Common heavie# 6 00® 700 Top 10 50 —Sheep and Lambs— Culls * 2 25® 3 25 Good to choice ewe* 4 00® 5 50 Few h< oi, o ew-es 1-t 00® 16 25 Heavy lambs 11 OO® 1.1.00 Cull lambs 9 00

Other Livestock CHICAGO. June 11,—Hogs—Receipts. 60 000: market 6® 10b lower, top. 86 75 i bulk. $6 4538 70; heavy weight. $6.50®; 6 75; mwiium, $6.60® 6 75; iight, $0.50® : 6 75; light lights $6 26® 6 65; heavy pack- 1 mg sows. $5 65®6.15: packing sows, rough. S5 35® 5 75: killing ptgs. ss® 6 Cattle—Receipts, 16,000. bee? steers and yearling* slow: few early sale# strong to higher, top heavies. $1115; light year ; lings. $lO 60; bulk step*. $8.75 @ 10.25 she stock 13320 c higher bulls strong to 15c higher; other claasrs steady to strong : bulk veaiers to packers, J 9 down Sheep— Ke-xipi*. 8.000. market falriy active, gen- - steady; bulk good native springers. ; I sls® 15 50; few choice 70-lb average* to I -jty butchers sl6, good to choice handy-| weight lambs. $14.23® 14.60, few abcep offered EABT BUFFALO. June I t —Cattle—Be- | ! cetpts. 2.800 market heavy, slow to 2-5 c j lower. shipping steers. $9 50® 10 55; ! butcher grade*. sft®9 25: $6 50©8 60; | cows. $2.50®7: feeders. s3®6: bulls, j 54.50; feelers. ss® 7 Calvt-s—Receipt*. 12.800 market, active to 75c higher; culls jto choice. s4® 11.50. Sheep and lambs Receipts 1.800: market, slow, 25 <275c I lower; choice lambs. [email protected]: cull to j choice, sß® 14 50; yearling*. s7® 13. j sheep, $2.60® 7.85. Hogs-—Receipts. 18.I 500; market, active to st)c lower; yorkers. , |s7 25 pigs. $6. mixed, $725; heavies, | - $7.23; roughs. $535.75: stags. $3.40® ; 4 50 PITTSBURGH, June 11 —Cattle—Receipts. 56; market slow: choice, $10.25® 10 50: good. $9 50® 10; fair. $7.75®9: veal calves, $lO 60® 11. Sheep and lambs —Market steady; prime wethers. $6.25® 6.75; good. ?5 50@6 fair mixed. $4 50® 6 25: lambs *ll® 1250. Hogs—Receipts. 50 double-decks: market higher: prime i heavy. $7®7.10; mediums. $7.3037.33; heavy Yorkers. $7 30® 7.35. light Yorkers. $6 25® 7; pigs, $6; roughs, $5 @5 38; stags, $3.50. EAST ST. LOUIS, June 11,—Cattle—Receipts, 3 000; tnßrket. slow; native beef! steers. $9 65; cows, ss®6: canners and cut ters. 52.25@3 25: calves. $8.5039 Stockers and feeders. $5 50® 7 50. Hogs—Receipts, 12.000: market. 6® 10-' higher: heavy, $6 504J6.75: medium. $6.6006 80: lights. $0 25® 0 80; light lights. $5 75® 6.05: packing sow*. $5 40® a65 ptgs $5 25 ® 6.25: bulk. $6.70® 0.75. Sheep—Receipts. 3,500: market, active: ewes. $3 60® 5.50; canners and cutters, Sl@3 50; wool lambs. $1150013.75. CLEVELAND. June 11—Hors—Receipts, 4.500: market, slow; yorkers. $7.15: mixed. $7.15; medium, $7.15 pigs. $6.25: roughs. $5.75; stags. $4. Cattle—Receipts. 900: market slow; good to choice hulls. s6®7: good to choice steers. $0 500 10 50; good to choice heifers, $7 08.50; good to choice cows. $5 3 6.50 fair to good cows. S4O 5; common cows. $2.500 4; milkers. $3.60® 3.75. Sheep and iambs—Receipts. 900; market, $1 higher: top. sll. Calves—Receipts, 600: market, active to strong; top. sls 50. CINCINNATI, June 11.—Cattlo—Receipts. 1,450. market, strong to 25c higher: shippers. $9 010 50 Calves—Market. 50c higher; extras, S9OIO. Hogs—Receipts. 5000: market, weak to 15c lower: good or choice packers. $6 85. Sheep—Receipts, 1.200 market, weak; extras. $3.50 0 5.50. Lambs —Market, steady to 25c higher; fair to good. slo 50® 15.76. BRIGANDS ACCEPT TERMS FOR CAPTIVES’ RELEASE U. S. Minister at IVJ?In Cables Foreigners Will Hot Freedom Today. By United Preen WASHINGTON. June 11.—Chinese bandits have accepted terms for release of all foreign prisoners, the Slate Department was notified today by United States Minister Schurman at Pekin. Schurman’s message, dated June 10, said release of the Americans and other foreigners was expected today. MISS M’GROARTY BURIED Last Rites Held For Park Secretary Found In Niagara. Miss Sadie McGroarty, secretary of the Indianapolis park board, whose body tvas found below Niagara Falls last week after she had been missing a month, was buried in Holy Cross Cemetery today. Services were held al St. John’s Church.

I.'': 1 ' ' It J'li 1 --

CfiDPS IN STATE SHOW GDDD GAIN Yield Still Below Normal, Figures Reveal, Oats acreage in Indiana shows an increase of 20 per cent over 1922, when the total crop amounted to 28,770,000 busheds. the Department of Agriculture announced today. The condition of winter wheat is reported as 80 per cent of normal, Indicating a total production of 32,400,000 bushels as compared with last year's tota,l production of 29,764.000, while the condition of spring wheat is reported tts 82 per cent of normal, which would indicate a production of 63,000 bushels, the report states. The barley acreage shows a decrease of 7 pet cent. Estimated production for the year is 967,000 bushels as compared with 714,000 in 1922, Rye continues to show the best condition of all small grains, being 86 per cent of normal with an estimated production of 4,058,000 bushels as compared with 3.816,000 last year. The apple crop Is reported at 77 per cent of normal, indicating production of 4,021,000 bushels, and tho hay Is shown as 74 per cent of normal with an estimated production of 2,464,000 tons. Peaches and pears reported as bring 68 per cent of normal. BRITAIN CONSIDERS PLAN TO COUNTERACT SHIP RULE Vessels Now in English Ports Are Stocked With Liquor. By United Frees LONDON, June 11. —The British government will consider whether it Is necessary', In defense of British interests to resort to measures to counteract the injuries done British ships by enforcement of the American liquor regulations. Premier Baldwin told the House of Commons today. Ships now in British ports are be lng equipped with liquor. In keeping with the provisions established by the United States.

$25,000,000 Austrian Government Guaranteed Loan 1923*1943 Seven Per Cent. Sinking Fund Gold Bonds Dated June 1, 1923 Interest payable June 1 and December 1 Du* June 1, 1943 Subject to redemption at par as a whole on any interest date after June 1, 1934, and in j*irt through tha Sinking Fund in any year. Coupoh Bonds in denominations of SI,OOO. SSOO, and SIOO. Principal and interest payable in New York at the office of J. P. Morgan & Cos., in United States gold coin ot the priaentstandard of weight and fineness, without deduction for any Austrian taxes, present or future. Guaranteed severally as to principal, interest and redemption payments, in the proportion stated below, by the Governments of Great Britain* France, Czecho-Slovakia, Italy, Belgium, Sweden, Denmark and Holland. Before each issue forming part of the Loar. i9 made, every guarantor State will deposit with the National Bank of Switzerland in the name of the Trustee# its own bonds of like tenor and currency to cover the amount of its guaranty in respect of such issue. Thus, dollar bonds of the several States by which the service of this issue is guaranteed will be held by the National Bank of Switzerland in the name of the Trustees. These Bonds are part of an International Loan to be issued in Great Britain, France, Italy, Switzerland, Belgium, Holland. Sweden, Austria and the United States of America in bonds of various denominations and in various currencies for amounts sufficient to yield in the aggregate an effective sum equivalent to 630,000,000 Austrian Gold Crowns, or about $126,000,000. The Bonds are to be secured by a first charge on the gross receipts of the Austrian customs and tobacco monopoly, which, for the first five months of 1923, have been at the rate of 150,000,000 Austrian Gold Crowns (about $30,000,000 per annum, whereas interest charges and sinking fund sufficient to amortize the Loan by maturity will not exceed 67,000,000 Austrian Gold Crowns iabout $13,600,000) per annum. The Austrian Government covenants to pay during the life of the Loan a fixed annual sum which, after deducting the annual interest on the Bonds at the time outstanding, is to be sufficient to redeem the entire Loan in annual installments by maturity. The quota available for amortization of the Anferican issue, increasing from about $600,000 in the first year to about $2,200,000 in the last year, will be used in the redemption of Bonds of the American issue by lot at 100% and accrued interest, or, if the Austrian Government should 80 elect, in the purchase of Bonds in the market, if obtainable at less than 100% *nd aocrued interest. GUARANTIES Os the total authorized Loan, bonds to the amount required to yield an effective sum equivalent to not more than 585,000,000 Austrian Gold Crowns (of which the present issue of guaranteed dollar bonds forms part) are guaranteed as to principal, interest and redemption payments by the undermentioned States to the extent in each case of the proportion stated: Great Britain to the extent of 24'5% Belgium to the extent of 2*S France “ “ “ “ 24% % Sweden “ “ “ “2% Crecho-Slovakla “ “ ** “ 24%% Denmark “ “ “ “1% Italy “ “ “ 20%% Holland “ - -1% Total 100% In addition to the sum of 585.000,000 Austrian Gold Crowns thus obtained, a further amount of upwards ol 45,000,000 Austrian Gold Crowns will be made available through advances to be made by the Swiss and Spanish Governments as part of the authorized total of this Loan. These amounts together are now estimated to be sufficient for the requirements of the Austrian Government. The advances above described will rank equally on the pledged revenues, but will not have the government guaranties. WE OFFER THE ABOVE BONDS, SUBJECT TO PRIOR SALE, AT 90% AND ACCRUED INTEREST. TO YIELD OVER 8 PER CENT. All orders wtU be received subject to the issue and delivery to us of the Bonds as planned, and to the approval by our counsel of their form and execution. The right is reserved to reject any and all applications, and also, in any event, to award a smaller amount than applied for. Amounts due on allotments will be payable at the office of J. P. Morgan * Cos. in New York funds to their order, on or about June 26, 1923. Trust Receipts will be delivered pending the preparation of the definitive Bonds. Application will be made to list these Bonds on the New York Stock Exchange. Complete descriptive circular may be had on application to the undersigned

J. P. Morgan &. Cos. First National Bank, New Yot* Guaranty Company of New York Kidder, .Peabody &. Cos. Harris Trust <SI Savings Bank Fletcher American National Bank June 11, 1923.

As All of the Above Bonds Have Been Sold, This Advertisement Appears Only as a Matter of Record

Marriage Licenses A- R. Dittrich, 28, 5506 Lowell: Margaret Carter, 25, 1701 N. Delaware. R. K. Thompson, 19, 538 N. Traub; Grace Bates. 17, 2022 W. Vermont. H. B. Sliger, 25, 22% W. Sixteenth; Frances Hollock, 20, Tenth and Delaware Sts. G. A. Dewier. 31. 408 N. Delaware; Mabel Stewart, 33, 1226 N. Illinois. O W. Kuele.mann, 23, 405 E. McCarty; Dessa Vandivler, 28, 825 River. H. G. Kennedy, 22, 2636 N. Gala: Helen Healey. 20. 2916 N. Olney. N. L. Sheets. 21. 1252 Roache: Ruth Dodd, 21, 2418 English. T L. Query. 23, 164 N. Blackford: Altha Gabbie. 19. 217 S. Pine. I L. Essex, 30, 832 W. Thirtieth; Mary Watson, 29, 602 Dequincy. W. L. Francis. 22. 1203 N. Keystone: Bessie Fraaeis. 29, 1203 N. Keystone. A. F. Lynch, 20, 217 S McKim: Hazel Roberts. 18, 523 N. Pine. Russell Dager. 23. 5334 E. Washington: Agnes Dinkel. 23, R. R. D., Box 103. A. A. Russell, 57, Bedford, Ind.: Mary Beasley, 62, Maywood, Ind. Mike Nicoloff, 23. R. R O , Box 345: Mary Gibson, 18, R R. 0., Box 345. K. B Hunt. 22. Broad Ripple; Elsie Pfenning, 22. 961 E. North. Ft E Colfllazier. 27, 1529 Brookside; Dolly Crook, 20, 710 Dorman. C. R McAllister, 23, 2860 N. Illinois; E M. Brewster, 10, 2300 N. Illinois P. R Funkhouser. 25. 848 S. Missouri: Helen Hadley, 25, 848 S. Missouri. Paul Von Burg. 20, 1724 N. Capitol; Mary Scholl, 19. 1121 Hamilton. W J. Kittenbrink, 21. Aurora, Ind.: Olive Knorr, 23. 2311 Kenwood A. O Inman. 20. 1118 Cruft; Lillian Leiter, 20, 40 N. Jefferson. Births Boys George and Henrietta Jackson, 418 Bradley. Lloyd and Irma Hobbs. 1015 S. Illinois. Fred and Mary Lanet 2435 N Rural. William and Minnie Cook, 2227 Wheeler. Regnal and Kate Murphy. 329 Kentucky. Harry and Pauline Smith, 1735 N. Oxford. Glen and Mary Mayes, 1405 Jones. Leslie and Claudia Mays. 1743 Northwestern. Jack and Eula Snipes. 1740 Dawson. Frank and Ethel Ost, St. Vincent's Hospital. *: mer and Irene Lewis, St. Vincents Hospital. I'h'-ricr and Etra Ferguson. St Vincent* Hospital. Fred and Gertrude McNeely, St. Vincent* I Hospital. Ulysses and Mildred Orrid. city hospital. Walter and Fern Carson, Deaconess Hospital. Itobort and Madge Ward, Deaconess Hospital. Robert and Hattie Kidwell, 835 Broadway. Roy and Isabella Burt, 315 Dequincy. Harry and Florence Cube!, 832 Lincoln. Roger and Helen Stephenson. 818 N. Keystone. Girls Herman and Elenora Billerman. 317 N. State Dohn and Flossie Bud. 3220 Stuart. Robert and Rosetta Stone. 940 Colton Thomas and Mary Davwalt. St Vincent* Hospital. .t imes and Mabel Decry. St. Vincent* Hospital Newton and Marie Downs. St. Vincent’s Hospital, W D and Rinskea Bloemhof, Deaconess Hospital. Itnbert and Mary Christian. 1906 Cornell.

Henry and Mildred Troutman, 5603 Julian. Alfred and Bertha Grand. 1842 Orleans. Earl and Mary Zier. 442 N. Concord. George and Glenn Roberts, 918 W. Tenth. Deaths Samuel Romburg. 59, 618 8. Meridian, pulmonary tuberculosis. Fannie Goode. 69, 1431 N. Misaouti. carcinoma. Reanier Carter. 36, 1427 N. Senate, apoplexy. Evangeline H. O’Connor, 42, 3503 Central. hcromo myocarditis George Frederick Schowe. 68. 3036 N. Capitol, chronic interstitial nephritis. Michael Hanley, 75, 3133 Ruckle, acute myocarditis. Richard Padeett. 78. 439 S. New Jersey, chronic interstitial nephritis Irene Mary McGinty, 8, city hospital, asphyxiation, accidental. Francis Booker. 1 day. 636 N. Dearborn, atelectasis Susar Frances Moore, 59. 1532 Cornell. broncho pneumonia. Cornelius D. Curran, 42. 517 Shelby, carcinoma. Paul W. Dickens. 7 months. 413 Minerva, catarrhal pneumonia. Lutie Salmon, , 3107 College, apoplexy. John T. Stewart. J 62, 618 Woodiawn. chronic myocarditis. Emma Adams Beyers. . 402 Harlan, carcinoma. Edwin Forrest Hamilton. 70. 1628 College. pulmonary tuberculosis. Caroline Reily Fry. 78. 1038 W. ThirtyThird. valvular insufficiency Frederick A. Cochran. 62, 618 Berwick, angina pectoris Clara Mary Dawson, 29. 1632 E. Washington. pulmonary tuberculosis, BEGINS VACATION EARLY Lad Runs Away When Told He Must Go to School. When Mrs. Maude Yeager, colored, 514 W. Thirteenth St., told her son, William, 8, he had to go to school today he ran away from home, she told police. Clad in ur.dcrejothing, he dashed through the rain. He was found in a shed in the rear of 1538 N. West St by Mrs. Emma De Mott, colored, police said. He first told Motor Police Oakley and Dillane that he had escapel from the Colored Orphan’s Home. Later he said ho lived on Thirteenth St., near Missouri St. Neighbors in that vicinity happened to know the boy ar.d he was taken home. Franchise Surrendered The Vincennes Electric Railway Company today filed surrender of its city franchise with th epublic service commission and asked for authority to operate under an indeterminate permit.

Kuhn, Loeb &_ Cos. The National City Company Bankers Trust Company, New York Lee, Higginson &. Cos. Dillon, Read &. Cos. Fletcher Savings and Trust Company

THREE ADDITIONAL NURSESAREASKED FOR COUNTY WORK Tuberculosis Association Sees Need to Protect Children’s Health, Marion County is urged to Increase Its public nurses from one to four, in the third annual report of the Marion County Tuberculosis Association, made public today. “If it pays Industrial concerns to employ nurses In their plants to keep the employes well (and we know it does pay or the business men would not do it) It undoubtedly will pay the county to employ a sufficient number of nurses to insure the health of Its children —the future citizens of the country,” states the report. A marked reduction shown in the number of physical defects in children Is believed largely due to the child's ottn interest in better health, the report says. Physical defects have been found to be responsible for most of the cases of children retarded in school. Decayed teeth and enlarged tonsils and adenoids are the most defects. Through the county nurse, 114 corrections and operations have been made. “If we had more school nurses the schools In the county could be visited more frequently and exclusions made more promptly, we might lessen the danger of epidemics,” the report says. The association recommended that more adequate provision be made at Sunnyside Sanitorlum for persons in advanced stages of tuberculosis. “We are looking forward to the time when Riley Memorial Hospital opens its doors to children, but our greatest need seems to be more beds for the tubercular and other chronic cases of illness.” the report says.

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