Indianapolis Times, Volume 35, Number 44, Indianapolis, Marion County, 2 July 1923 — Page 11

MONDAY, JULY 2, 1923

BEAR DRIVE NETS ,FURTHER LOSSES 1 IN STOCK MARKET Studebaker Stands Out Prominently During Short Reaction in Morning, The WALL STREET JOURNAL NEW YORK, July 2.—lrregularity manifested itself in today's opening dealings on the stock exchange with oils „the most active group at prices generally lower than thosi at Saturday’s close. Pan-American issues were weak and Phillips Petroleum reached anew low at 26%, after opening at 27. ‘ Asa group the rails were firm, with the exception of New Haven, which was under influence of the report of the committee appointed by Governors of New England States, which opposed the merger of the road with trunk lines, only as a last resort. First Hour Irregularity continued to dominate trading in the first hour with a few stocks retaining improvement scored after the opening. Included in this •hst was Studebaker, which advanced Hgt points as a further reflection of Announcement Saturday that prices of the three models would soon be advanced. New Haven continued reactionary, while Industrial Alcohol Showed slight improvembent, despite increases in the price of its product. American Can ran up nearly points, but dropped back later. Second Hour A renewed burst of selling in the late morning that carried many stocks U> new lows for the year lifted shortly before noon, and while trading was diminished, many issues wefe firmer while others managed to score fairsized recoveries.. Steel common dropped below 90’ but rebounded while Studebaker acted best amongythe industrial leaders. Support was evident from its opening at 98%. Before noon it sold up to 100%, more than a point above Saturday's close and 2 points above,its morning low. Twenty active industrial stocks on Saturday averaged 27.5, off .55 per cent. Twenty active rails averaged 76.85, off 1.12 per cent. Local Bank Clearings Indianapolis bank clearings Monday were so.i>l4,oUU; bank debits were 57.002.000. New York Money Market By United Financial NEW YORK, July 2.—Commercial paper market Quiet. Prime names 5 per cent other good names 5% per cent Brokers bid 5 per cent for time money; banks offer 5 %per cent for all dates. k Foreign Exchange United Financial BIEW YORK. July 2. —Foreign exchange lower. ■ Sterling, demand, 54.57 15-16; cables. 54 58 3-16. Francs, demand, 5.96 c: cables. 5.96 He. Lire, demand. 4.35 tic: cables. 4.3ffe. Belgians, demand, 5.04 %c: cables. 503 c. Marks. 173.910 to the dollar. Cxecho, demand. 2.98 He; cables. 2.99 c. Swiss, demand. 17.59 c: cables, 17.61 c. Guilders, demand. 39.15 c: cables. 39.18 c. Pesetas, demand. 14.33Hc: cables. 14.35HC. Swede*. demand. 26.42 c: cables. 26 46c. Norway, demand. 16.31 c: cables, 16.35 c. Denmark, demand, 17.51 c: cables. 17.55 c.

Produce Markets

INDIANAPOLIS. July 2.—Fresh eggs. 17c: packing stock butter, 25c; spring. 1 % to 8 21bs., 33C; fowls, straight. 18c; fowls, under 4 lbs.. 15c: leghorn. 25 per cent discount: cocks, 9c: young tom turks, 23c; old tom turks. 18c: ducks. 5 lbs up. 12c; gecep. tO lbs. ud. 10c: squabs. 11 lbs. to do*., $5. Indianapolis creameries are paying 38c a lb. lor butter fat. NEW YORK. July 2.—Flour—Quiet and steady. Pork—Dull; mess, $25. Lard— Steady; middle west spot. $11.20® 11.30. Sugar—Raw. dull; centrifugal. 96 test, 6 91c: refined, dull; granulated. 59.25® 930 c Coffee —Rio No. ' 7 on spot, 11® ll%e; Santos. 13%®14%c. Tallow — Weak : special to extra. 6%®6 %c; city. 5% ®6c. Dressed poultry—Quiet: turkeys. 25®40c: chickens. 16®35c:. fowls. 12® 28c; duck*. Long Island. 25c; capons, 30® 300 Live poultry—Steady: geese. 15c: ducks, 14®23e: fowls. 22®24e: broilers. 32 ®s2g, all via express. Cheese-—Quiet: state whole milk, common to specials. 18® 28c; state, skims, common to specials. 10® -19 c. Butter —Easier: receipts. 7,554: creamery extra. 37%@37%c; special market. 38@38%c: state dairy tubs. 33% ® 37%e, Eggs—Firm: receipts, 9.201; nearby whites, fancy. 43c; nearby state white*. 25® 40c; fresh firsts to extras. 25® 30c: FBelfie coast. 28 % ® 38ck western white, 24 ®4oc: firsts t 6 extra. 31® 39c. I CLEVELAND. July 2.—Butter —Extra in Mbs. 42%fe44%e: prints, 43%®45%c: Bat*. 39% ®4l %c; packing stock. 2S®3oc. ■aga—Fregh gathered northern extras. Hko ' Ohio firsts, 22 %c: western firsts, 22c. Poultry—Heavy fowls, 22 HSs; light fowls. 15<J18c; roosters. 12 broilers. 43®450: ducks, sprnig, 28 PotatoesMiehipran. $1.50® 175 per BbO pounds South Carolina cobblers. $5.75 K barrel: Virginia cobblers. 55.75 a barrel. CHICAGO, July 2.—Butter —Receipts. 16,262; creamery extra, 37%c: standards. 36 %c; firsts, 33® 34c: seconds. 32®32%c. Eggs—Receipts. 23.443; ordinary firsts. 19 ®2oc: firsts. 20% ® 21c. Cheese —Twins. 22 ®22% c; young Americans, 2’2c. Poultry Receipts. 5 cars; fowls. 23c; ducks. 18® 20c? geese. 12®20c; turkeys. 20c; roosters. 12c: broilers. 37® 42c. Potatoes—Receipts. 117 Cars. Oklohoma Tripmphs, 52.50 ©2.75; Virginia Cobblers. $6 25. In the Cotton Market By United Financial NEW YORK. June 2.—The cotton market opened irregular. July. 07.10 c. up 6 points: October. 24.55 c. off 2 points: December. 23.98 c. off 5 points; January, 23.60 c. off 8 points: March. 23.50 c. off 15 potiaU. Cloverseed Market Cloverseed was quoted 57® 10 a bu. in Indianapolis Raw Sugar Market Bp United Financial NEW YORK. July 2.—Raw sugar market opened lower. July, 4.80 c bid: September. 4.89®4.90c: December. 4.42®443e: March. 3.50® 3.57 c. Local Hay Market Loose hay—s2l ®23; bales. $20@22: Jw*avy mixed 95® 97c: light mixed hay. slß®2o. Corn—9s® 97c. Oats—so® 55c. STONE CO. HEAD DIES - V. H. P. Radley Was Associate of John m R. Walsh. Special „ services for H. P. Radley. 68. and general manager of floomington and Bedford Stone who died at his home fol nMg a short illness, will be held Bay Radley took ar. active interest TjJpJwic affairs and was a director Hh Bloomington Chamber of Com

New York Stocks (By Thomson i McKinnon)

Railroads— At 1:45 Prev. High. Low. p. m. close. Atchison . 98 97 H 98 97 % B. & 0 43% 42% 43% 42% Car. Pac . 143 142 142 % 142 % C„ R I. & P. 24% 22 % 23% 28% Del & Hud. 105 % 104 H 100% Gt. Nor. pid. 03% 6?H- 63% 62 H Lehigh Va!.. 54% 54 % 54% 54 N. Y Cen... 97 95% 97 96% Nor. Pac... 65% 64% 65% 65% Pennsylvania. 42% 41% 42% 41% Reading 70% 68% 70 09% So. Pacific . 85% 85 80% 84% St. Paul pfd. 31% 30% 31% 30% St. L. & S W. 28 27% 27% Union Pac.. 128% 126% 128% 127% Wabash pfd. 26% 25% 26% 26 Rubbers— * Kelly-Spring . 30 % 30 % 30 % 30 U S Rubber. 41 40 41 %0% Equipments— Amer Loco .132% 131% 132% 132 Baldw Loco .117% 115% 117% 116 Gen Elec ...172% 172 172% 172 Lima Loco. . 59 % 68 % 69 % 69 % Westh Elec.. 53% 52% 63% 62% Steels— Bethlehem... 43% 41% 43% 42% Crucible 62% 61% 62% 62% Gulf States. . 66 % 66 66 % 66 Rep I and S 42% 40% 42 40% U S Steel.. 91 89% 90% 90% Vanadium . . 26 25 % 25 % 25 % Motors— Am Bosch M 29% 29% 29% 30 Cl)and Mot.. 47% 40% 47% 46% Gen Mot ... 13% 12% 13 13 Max Mot A. . 38 36 % 38 37 Max. M. (B) 11 10% 11 10% Studebaker .101 98% 100% 98% Stewart-W.. .. 76% 74% 76% 76% Timken .... 35 % 34 35 % 35 % Minings— Dome Mines. 34% 34% 34% Int. Nickel.. 12% 11% 11% 12% Coppers— Am. Smelt.. 55 53% 54% 53’4

WHEAT EFFECTED BY CORN PRICES Lower Quotations Mark Close of Dull Session, By United Financial CHICAGO, July 2.—Grain prices closed lower on the Chicago Board of Trade today. Trading remained dull during the later part of the session and wheat suffered further declines. It was apparent that the weakness in corn was effecting this market. Export business aggregated 250.000 bushels and cables declared buyers were showing an indifferent attitude. Selling in com developed late, induced by increased deceipts. Kansas City and Omaha reported the Southwestern feeding demand was negligible and requests were being received by farmers to hold up shipments. , Oats fluctuated with other grains and showed further weakness at the clcse. Provisions strengthened in late trading. Chicago Grain Table —July 2 WHEAT— Prev. Open. High. Low Close, close. July. 1.03% 103% 102% 1.02% 103 Sept. 1.03% 104 1.02% 1.03% 1.03% Dec. 1.07 107 1.05% 1.04% 1.06% CORN— July. 79 80% .77% .78% .78% Sept .75% .76 74 .74% .76% Dec. 63% .63% .61% .62 63% OATS July. 40% 40% 39% .40.40% Sept. .36% 36% .33% 35% 36% Dec.. 36% .38% .37% 37% .38% JulL AR 1065 10 72 10.65 10.72 10.75 Sept* 10.92 10.97 10.90 1097 10.97 RIBS — July. 8.82 882 8.77 8.80 8.95 Sept. 9.05 905 900 905 9.15 July E— B2% .63 .62% 62% .62% Sept. .65% 65% 05% .65% .60% CHICAGO. July 2. —Car lot receipts. Wheat, 22: corn. 110; oats, 80; rye. 1: barley 8. CHICAGO. July 2.—Primary receipts: Wheat 948.000, against 1,086,000; corn. 903.000, against 1.049.000; oats. 694,000.. against 804.000. Shipments: Wheat 510.000. against 640,000; corn. 618.000, against 972.000; oats. 821,000, against 483,000. CHICAGO. July 2. —Wheat —No 2 hard. $1.05%. Com—No. 1 yellow. 82 % ® 82%c: No. 2. 82®82%c: No 3.82 c: No. 1 mixed. 80% (381 c; No. 2. 80% ®Bl%c: No. 0 77% @7BHe: No. 1 white. 81%®81%e: No. 2. 81%@81%c. Oats—-No 3 white. 40% ® 43c; No. 4. 41c. Barley—o4)3oßo. Rye—-No. 2. none. Timothy—sC @6.60. Clover —$15 @ 17. TOLEDO. July 2.—Wheat—Caah, sll4. Corn—Cash. 80@91e. Rye—Caah. OA* Oats Cash. 40% @4Bc. Barley—Cash. 72c. Cloverseed —Cash. $lO.lO. Timothy—Caah. $3.25. Alsike —Cash. $10.25. Butter —41c. Ergs—22® 24c. Hay—s2o @22.

Grain Briefs

CHICAGO. July 2.—First efforts of the recently organized wheat council will be toward Increasing wheat consumption Sydney declared. I ’ Should black rust results become more general, the trade looks for a better market. At a meeting of Illinois farmers’ cooperative associations, farmers expressed reluctance -to sell wheat at present value*. Germany bought large parcels of Argentine grains which were shipped direct in German boats to Hamburg. The Canadian prairie provinces promises a yield of 500,000.000 bushels, according to advices. It is generally conceded that the new spring wheat crop is not in any too healthy a condition. With receipts at public elevators far in excess of shipping demand, operators look for drastice declines in com prices. COUNTRY CLUB TO HOLD ALL-DAY CELEBRATION Fourth of July Program Includes Golf, Tennis and Swimming. An all-day Fourth of July celebration will be held at the Indianapolis Country Club Wednesday, with golf, tennis, swimming and dancing. The men’s doubles tennis tournament will open the day. Golfers will play for the Jillson Cup. Swimming and diving contests for juniors and seniors will be under the direction of D. P. Hawkins. Many of the city's best swimmers are entered. A dinner dance will conclude the celebration. . •

BLOCK EMPLOYES PRAISED Riley Hospital Officials Voices Thanks for $12,000 Gift. Employes of the William H. Block Company were praised today for their $12,000 gift to the Riley Hospital fund by L. C. Huesmann, chairman of the finance committee*. “Indiana men and women will appreciate action of the Block employes, as they have appreciated the generous response of other well-known Indiana concerns" said Huesmann. “The hospital is no ftsnger a dream to bring hapiness to thousands of Indiana cbildr r n. It i* 3 'bolltv,”

1:45 Prer High Low o. m. close. Anaconda . :;8 % 38 38% 38% Kenneeott ..”32% 32 32% 32 Utah Copper. 57 .... 56% 56% Oils— Cal Petrol... 19% 18% 19% 18% Cosden 40% 39% 40% 40 Houston Oil 50 % .... 50 % 51 Marland ... 37 % 30% 37% 30% P.-A. Pete ... 56% 55% 67% 60% Pan-A. P. (B) 55 51 52% 56 . ‘Phillips P.. 27 25% 20% 40% Pro. & Ref.. 33 32% 32% 32% Pure Oil 18 .... 17% 18 S. Oil of Cal. 49% 49% 49 % 49% S. O. of N. J. 32% 32 32% 32 Sinclair ...23% 22% 23% 23 Texas Cos 41 % 41 % 41 % 41 % Industrials— Allied Chem. 04% oi% 64% 64% Amer. Car.. 80% 84% 86 % 85% Am. Woolen 81% 80% 81% 81 Coca C01a... 70 75% 70 75% Cont. Can... 44% 44 44% 43% Fam. Players 67% 66 67% 65% Inter. Paper.. 35 . 34% 35% Inter. Harv.. 77 70% 77 77% May Stores. 78% 76% 78% Mont. & W.. 19% ... 19 % 19% Sears-R0e.... 08 87 % 68 67 U. S. In. Ale. 43% 41 43 40% Am. T. AT. .120% 119% 120 119% Consol. Gas.. 57% 58% 57% h 7 Col. Gas .93 91% 98 93% People's Gas. 88% 88% ... Shipping— g Am. Int. Cor. 18% 17% 17% f8 % Atl. Gulf. .. 13% 12% 13% In. M. M. pf. 23% 22% 23%. 22 Food*— Am. Surar. .67 67 05 Am. Beet Sg. 31% 30% 31% 31% Com Prod. .124 122% 124 122% Cub. C. S. pf. 41 4040% 40 Cub. Ab. Sg. 26 24% 26 25 Punta Alegre 50% 47% 49% 49% Tobaccos— Am. Tob. C 0.141 % 141% 141% 141 Tob Prod... 77 76% 77 *Ex -dividend. *

GENERAL FIRMNESS IS NOTED IN CURB TRADE Oils as a Group Show Improved Technical Position. By United Financial NEW YORK, July 2.—The improved tendency noted in the curb market toward the close of last week was carried forward in today's Initial dealings, in which trading showed a marked firmness. The Improved technical position of the oils group made Itself felt in the advance of such issues as Standard of Indiana, which was up %; Ohio Oil, up 1 point, and Standard of New York, up %. Gulf reacted slightly to 60%. Goodyear common, among the industrials. was off %. Cities Service sold at 133 on the opening sale.

FINCH PARK TO BE COMMUNITYPRIOE 10,000 in Southeast Part of City Will Frolic Tonight, Ten thousand residents in the southeastern part of the city are expected to attend the celebration of the opening of Finch Park and playground on State St., between Fletcher and Spann Aves., at 7 p m. tonight, night. For twenty years the Southeatern Civic Improvement Association has made efforts to obtain a public park. John F. White, president of the association: R. F. Miller, vice president; Edward Sexton, secretary; Corporation Counsel Tayler E. Groninger, and Otto Ray. city councilman, will talk tonight. Police and Marimba hands will give a concert. Patriotic songs will be sung by children from the William McKinley school. Playground equipment has been installed. Instructors will .be ready to supervise the children Tuesday. Indianapolis Stocks —July 2 Bid. Ask. Am Cent Life 200 ... ‘Am Creosoting Cos pfd ..../. 97 ... Belt R R com 66 70 Belt R R pfd 52 % ... Cent Bldg Cos pfd 98 ... Cities Berv com 131% 134% Cities Berv pfd 02 % 84 Cit Gas Cos com 20 % 28 Clt Gas Cos pfd 69% 102 Ind Hotel com 100 ... Ind Hotel pfd 100 Ind Nat Life 9 ... Ind Pipe Line Cos 97 100 Ind Title Guar Cos t 70 80 Indpls Ab pld . . 48 Indpls Gas 49 62 Indpls & Northwestern pld. . . 40 ... Indpls & Southeastern pfd 00 Indpls St R R 63% 00% Indpls Tel com 1 ... Indpls Tel pfd 90 ... Mer Pub Util Cos pfd 82 ... Nat Mot Cos 1 3 Pub Sav Ins Cos 12 ... Rauh Fer pfd 30 ... Stand Oil of Ind 64 50 % Sterling Fire Ins Cos 8 % ... T H I A E com 2 6 T H I A E pfd 12 20 T H Tr A Lt Cos pfd 93 100 Union Trac of Ind com 2 6 Union Trac of Ind 1.-1 pfd... 22 32 Union Trac'of Ind 2d pfd... 0% 9 Van Camp Prod Ist pfd 100 Van Camp Prod 2d pfd 100 Van Coal Cos com 3 6 Van Coal Cos pfd 11 16 Wab Ry Cos com 7% 9% Wab Ry Cos pfd 26 28 Bonds Belt R S YY 4s. May. 30 81 B R 5s 60 70 Clt Gas 5s 80 88 Cit Gas 7s 100 102% Cit St R R 5s 84 80 Ind Coke and Gas 6s 90 94 Ind Hotel 6s 90 ... Ind Hotel Cos 2d 6s 99% ... Ind North 6s 47 % ... Ind Ry and Lt 6s 89 ... Ind Union Trac 6s 47 % ... Indpls Ab Cos 7%s 100 ..." Indpls Col A So 6s 97 100 Indpls Gas 3s 86 87% Indpls Lt and Ht 5s 94 90 Indpls A Mart 6s 00 63% Indpls North 5s 51 % 50 Indpls A Northwestern 55... . 51 % 66 Indpls A S E os 40 Ind Shelby A S E 5s 52 Indpls St Ry 4s 04% 00% Indpls Trac A Term 5s 85% 88% Indpls Union Ry 6s 94 ... Indpls Union Ry 4%s ...... 94 ... Indpls Water 6s 99 100 Indpls Water 4%s 85% 88 Indpls Water 5%s 94 96 South Ind Power 5s 101 ... T H I A E 5s 69% 74 Union Trac of Ind 6s 69 70% Sales 55.000 Indpls St Ry 4s ~..64% $5,000 Liberty fourth 4%s 98.30 MRS. MARY HOAG DIES Funeral Services Arranged Tuesday Afternoon. Funeral services of Mrs. Mary Watson Hoag will be held at the funeral home of HJsey & Titus, 951 N. Delaware St., at 2 p. m. Tuesday. Burial will be i nCrown Hill. Mrs. Hoag died at St. Vincent’s Hospital Saturday, after an illness of two months. She moved to Indianapolis six years ago from Seattle, Wash. A sister, Mrs. Margaret Traver of C., a daughter, Mrs. Minerva Coigns, and a sen. William Gage Hoag, both of Indianapolis, survive. , • , . JW^ai

THE INDIANAPOLIS TIMES

LIGHT RECEIPTS SAVEHOG PRICES Prices Advance Generally 5 Cents in Local Trading, Hog Price, Day by Day June 260-300 lbs. 200-226 lbs. 150-180 lbs. 9 6. 7.50® 7.55 7.50® 7.56 7.65® 7.00 27. 7.45 7.60® 7.45 7.46 28 7.26 7.25 7.26® 7.30 29. 7.30 . 7.30® 7.35 7.30® 7.33 30. 7.30 7.30 7.30® 7.36 July 2. 7.36 7.35 7.35 Light receipts alone were responsible for hog prices showing strength in trading at the local livestock exchange today, as heavy runs were reported from western market centers, coupled with lpwer prices in Chicago that would ordinarily have caused declines locally. Altogether only 4,000 hoge were offered for market, including 617 holdovers, and these were quickly absorbed on relatively light shipping orders and by local packing demand. All of the holds sold a t a flat price of 17.36, regardless of weight, as compared with Saturday’s bulk of $7.30. At this price the market was quotably strong to 6 cents higher, as a few hogs easily on Saturday brought that figure. Sows and pigs showed no change. Traders In the cattle market were heartened by light receipts In Chi cago and light receipts locally and asked higher prices at the opening, while packers bid steady; but a good class of stock was offered t.r,d trading later steadied down to slightly hlghre prices. Receipts, 600. The calf market was quotably steady to strong, though no calves brought Saturday's top of sl2. However, more calves brought $10.60 to $11.60, than on previous trading. Receipts, 400. • # The sheep and lamb market was quiet with trading at steady quotations, lambs bringing sls down and ewes $6 down. Receipts. 300. —Hoge—--150 to 200 lbs $ 7.35 ' Medium 7.35 Heavy 7.35 Pig* 6.00® $0.50 Packing sows 5.50® 0.00 —CattleFew choice steers slo.oo® 10.50 Prime corn-fed steers. 1.000 to 1,300 lbs 9.00® 9.50 Good to choice steers. 1.000 to 1.100 lbs 8.60® 9.00 Good to choice steers. 1.000 to 1,200 lbs B.oo® 8 50 Good to choice steers. 1.000 to 1,700 lbs 7.60® 8.00 Common to medium steers. 800 * to 1.000 lbs 7.25® 750 —Cows and Heifers— Choice light heifers $ 8.50® 9.50 Good light heifers I 7.00® 8.75 Medium heifers B.oo® 7.25 Common heifers 5.00® 6.00 Fair cows 4.00® 5.00 Cutters 2.75® 3.25 fanners 2.25® 2.50 —Bells—aney butcher bulls $ o.oo® 660 ood to choice butchsr bulls. . 5.00® 560 tologna bulls 3.75® 4.50 —fslost— Choice veals $ll.OO @11.60 Good veals [email protected] Medium veals B.oo® 9.00 Lightweight veals ......... 7.60® 8.00 Heavyweight veals 7 00® 7.50 Common heavies 6.00® 7.00 Top 1150 —Sheep and Lambs Culls • 2.25® 3.25 Good to choice ewes 3.00® 6.00 Few choice lambs 13.00 @16.00 Heavy lambs 11.00® 13.00 Cull lambs 8.00 @IO.OO

Other LivestocK By Cnttrd Financial CHICAGO. July 2—Hogs—Receipts. 71,000: market 10c higher; top. $7.15: bulk. $6.00® 7.05: heavyweights. $0.60® 7.05: medium. $0.85®?.16; light, SO.OO@TTD: light light*. $0 50©7; heavy packing hows. sß® 6.35: packing sows, rough. $5 60® 0.10; killing pig* $6®6.60. Cattle —Receipts, 15.000; market for most killing classes early strong to 16c higher: trade slow, uneven; killing quality fair: early top matured steers, $11.10; best yearlings, $10; vealers 25c higher; other classes generally steady: bulk desirable bologna bulls. $4.05 ®5: bulk vealers to packers. $9.60. Sheep —Receipts, 10,000; market fairly active, steady; bulk good and choice natives mostly $10.50; early top. $15.75: culls. $8.60® 9; sheep generally steady PITSBURGH, Juyl 2.—Cattle—Receipts. 7.400; market, slow, easier; choice, $10.50 ®11: good. $9.60® 10.15: fair. 57.25® 8.05 veal calves. $10.50® 1.1. Sheep and lambs—Receipts. 12 dd: market, steady: prime wethers. $?©7.50; good. [email protected]; fair mixed. $4.50®5.75: lambs sll ©l2. Hogs—Receipts, 15 dd: market, lower: prime heavy, $v ; 10<2740; mediums. $7.75®7.80: heavy yorkers. 57.75 ©7.80: light yorkers, $7®7.?5 pigs. 86.50 ©6.75; roughs, $4 73 ®5.25; stags. $3. EAST ST LOUIS. July 2. —Cattle—Receipts. 0000: market, slow: native beef steers. 58® 8.50; yearlings and heifers $8.50: rows. 54.50 @5.50: eanhers and cutters. 51 75®3.25; calves. $8.50@9; stock ers and feeders, $5. Hogs—Receipts, 14,000; market, active 3e lower; heavy, $0 00 ©6.95: medium. $6.90®7.10: lights. 56 75 ©7.15: light lights. $8.25®7.10; packing sows, 55.50 © 5 75; pigs. $5.75@0-90; bulk. 57©'7.10. Sheep—Receipts. 7.000 market, steady; ewes, $3.50©6; canners and cutters. $1©3.50; wool lambs, $12.50 014.75. CLEVELAND, July 2—Hogs—Receipts, 4,000: market, active and steady; yorkers, $7 80: mixed, $7.80; medium. $7.80; pigs. t 0.75: roughs, $5.25: stags. $4. Cattle—.eceipts, POO; market, strong; good to choice bulls. ss©6; good to choice steers, $9.50010.50; good to choice heifers. $7.50 ©8,60: good to choice cows, s3®o; fair to good cows. $304.50; common cows. s3® 3.50; milkers. $35 075. Sheep and lamb*— Receipts, 1,200; market, strong and higher; top. 515 Calves—Receipts. 900; market, higher: top. sl3. CINCINNATI. July 2.—Cattle —Receipts. 1.650: market, slow, steady: shippers, s9© 10.25 Calves —Market. 500 higher: extras. $9 0 10.50. Hog—Receipts. 4.500: market, steady to 10c lower; good or choice packers. $7.40: sheep receipts. sl9: market, strong; extras, 54@0. L.unbs —Market, strong; fair to good. $l5O 15.75.

Business News

WASHINGTON. July 2.—ln an effort to counteract the effect of America's surplus wheat production this year, the American Farm Bureau Federation has asked President Harding to use his influence in a campaign to induce farmers to hold part of their crop out of the market, financing the move through the medium of the new intermediate credit banks. With a carryover,, from last year of 130.000,000 bushels and this year’s crops, it is estimated that alter the fall harvest there will be approximately 1.000,000,000 bushels to meet a demand of 800.000,000 bushels. If the price is to be held at between $1.40 and $1.60 a bushel some move must be made to keep the surplus from crowding the market down. BOSTON—The Joint New England railroad committee in its report on New England railroads opposes the plan to consoitdute New England lines into outside trunk lines. In its alternative plan, the railroad committee suggests that stockholders of the New Haven Railroad take $15,000.000 of po par stock, that bondholders exchange their bonds for 6 per cent preferred stock and that the Government reduce Its Interest rate on the $38,500,000 war loan from 6 to 4 per cent. Connecticut, Rhode Island and Massachusetts are asked to remit their taxes when fixed charges are too great for net earnings. Only In this way, says the committee, oan the New Haven's badly depleted treasury be put into working order. YOUNGSTOWN—Gross assets of the combined original Youngstown Steel and Tube, Brier Hill Steel and Steel and Tube of America are in excess of $260,000,000. Youngstown Sheet and Tube plans ultimately to dissolve Steel and Tube as Us as Brier Hill. When this has been efiacted, Youngstown Sheet and Tube will have outstanding $33,000,000 in bonds, $40,000,000 In debentures. $14,250,000 in preferred and . ’ - >lO6 shares nf no nnr

OWSLEY DECLARES NO ROOM IN D. S. FOR INTOLERANCE Legion Makes Plea for American Unity in Cincinnati Address, * By Times Special CINCINNATI. Ohio. July 2.—Alvin M. Owsley, national commander of the Amerlcaq Legion made a strong plea for American unity, regardless of nationality or religious beliefs in an address Sunday at the cornerstone laying of the St. Vincent De Paul Church. Without naming the Ku Klux Klan, Commander Owsley, a Protestant addressing a Catholic group, referred to ‘those who would befit down the rights c f you people.” “There is no room in America for intolerance, no thought that should divide us, for we are living under the supreme law of the United States, the constitution, which gives the right to worship God acording to the dictates of our conscience,” he declared. Owsley assailed radical tendencies prevailing in the nation in recent years and urged deportation of all persons who would seek to tear down the flag of the nation. “America is calling today as she never called before for strong men and women to stand and preach the doctrines of America. There are those who would beat down the rights of your people and Interfere with the pursuit of your religious beliefs There Is no room for Intolerance, no thought that should divide us.” In denouncing the radical element, he said Germany had been sending messengers to America to breed a "strange form of propaganda that would bring destruction to America and her Institutions. ” "Let us bring every heart and every mind of every man, woman and child In America today to realize the power and glory of American citizenship.''

Deaths Matilda Davla, 40. 1105 Centennial, carcinoma. Cora Sutton. 39, Fletcher’# sanatorium, endocarditis 'Charles R. William*. 60. 1151 Southern, carcinoma Lew Wallace Miller 46. 2432 Brook aidepark way, tuberbulae meningitis Albert L. Gray. 57. 1708 Rlveralde parkway organic heart disease Berdte Edmonds. 52. 863 W. Walnut, car cinorfia Edward Lee Holt. 18 days. 434 N. Brad ley whooping cough Lora N. Handy. 38. 2832 E, Washington, carcinoma Nellie V. MltoheU, I, 1025 E Twentieth, broncho-pne, i in on la. Alberta Wilhite. 28. 521 N. Cincinnati. Influenza. Scott Mitchell Minor, 5, 920 N. California, whooping cough. Knox C. Wilson. 75. 428 N. Illinois, chronic myocarditis Tom R Wilson. 03, 1331 Union, pulmonary tuberculosis William August Mall, 63. 2050 Columbia, carcinoma Ora M Bogart. 51. Methodlat Hospital, acute appendicitis. Carrie Kelly, 50, 320 N. Senate, cerebral hemorrhage. Napoleon HibWett. 42. city hospital, acute nephrltta. Building Permits H. B McGee, furnace, 2402 Brookatde, $274. Fred Vielhaber, addition 933 Somerset, SBOO John C. Kirch, double. 026 Parker. S3OO. Veneel Batic. furnace, 1017 N War man. $375. J E. Cox. gas tank. 2241 Schurmann, SBO. West Tenth Stret Garage, gag tank. 2015 West Tenth. S3OO • 8 C Law, gas tank. 794 Indiana S3OO. John Murphy, furnace. 1117 8 Weal. S2OO Otis Kirk patrick. double. 2853 N. Talbott, SO,OOO. Polar Ice and Fuel Company, Ice station. 305$ Boulevard PI., SI,OOO. 8. E. Berry, garage. 4405 E. New York, S2OO. Henry Edgera, double. 5937 College, $4,200 Frank Hill, garage. 2846 Bel.efontalne. S3OO. Georgia Petermon. dwelling, 2191 N. Bogart, $2,500, Peterman Bros., dwelling. 2114 N. Wallace. S2,(KM). Peterman Broa.. dwelling, 2118 N. Wallace. $2,000 Dressed Beef Prices Wholesale selling prices on dressed beef. Swift i Cos.: Rib*-—No. 2. 19c; No. 3, 1 00. Loins —No. 2,29 c; No. 3.25 c Rounds — No. 2. 21c; No. 8,17 c. Chuck*—No.. 3. 31c: No 3,9 c. Plate*—No. 2. sc; No. 3.40. n

Mliitt" hunTliiiv I tlini: ( jliiijt’L mm jjl't S Penn. St. - Main .

MOTION PICTURES

APOLLO s “BAVU” The year’s most sensational mystery thriller. "Round 3” of the new "Leather Pushers" Series VIRGIL MOORE’S APOLLO ORCHESTRA

A Jnme* Young Production “WANDERING DAUGHTERS” A First National Picture OVERTURE “The Mikado” MODEST ALTSCHULER Musical Director Buster Keaton In His Latest Comedy “THE ' LOVE NESJ” HEAR DE3SA BYRD "LOUIBVILLE i.4jy%

Births Boys Thomas and Jessie Harmeson, 1334 Hoyt. Vernon and Mildred Weaver. 337 S. State. Ralph and Mary Simpson. Clark Blakeslee Hospital. Noah and Cappie Jones, city hospital. Wendell and Edna Cooper, 1830 Barth. Lester and Gladys Fleck. St. Vincent Hospital. William and Irma Hanley. St. Vincent Hospital. Garland and Lillian Chrisney, St. Vincent Hospital. James and Margaret Ahern, St. Vincent Hospital. Mose and Julia Harrington. 817 Fowler. John and Elizabeth William*. 1028 W. Washington. John and Lottlo Schlicsman, Methodist Hospital. Louis and Clara Beimer, 702 Weghorst. Patrick and Mary Hayes. 3449 Boulevard PI. Albert and Maude Kauck. Long Hospital. Charles and Elvla McManams. 2258 N. Delaware. Ralph and Jessie Howard, Methodist Hospital. ' Girls Frank and Molly Williams, city hospital. Dezeo and Julia Kies, city hospital Orville and Martha Stevenson, city hospital. John and Bessie Pierce, 2832 E. Michigan. Frank and Mary Amato, city hospital. Lee and Katherine Pierle. St, Vincent Hospital. Norton and Mary Clair. 411 N. Warman. Roscoe and Stella Price, 823 8. Davidson. Chester and Emma Barekman. 5M9 Ketcham. Fred and Freda Harrington. 016 Hamilton. Adrah and Leona Cook. 2140 Ramsdell. Norman and Ruth Redmond. 2516 E. Tenth. Frever and Marie Stiles. 1051 W ThirtyFirst. Twin* Lester and Wilhelmlna Huffman, 1130 S. Pennsylvania, girls. Thomas and Anna Clark. Bt. Vincent Hospital. boys. Local Wagon Wheat Local milla are paying $1.05 for No. 2 red.

“Farewell Blues” There’s a full floor and everybody smiling whan this lively fox-trot la For tha laat trickle of syncopated ecstasy, get tne Columbia Rscord of M It played by The Georgians. (Q “Snake’s Hipe” rags on the other aide will grip you like a boa-con* strictor. mL At Columbia Daalen (fflfmfmilrel

AMUSEMENTS

Matinees 111 in AT Matinee Wed.. Tbur. M|lkUl so ° Seats and Sat. IflUlui I A * ,!f FIRST TIME TONfGHT THE STUART WALKER CO. In the 8-Act Comedy Sneeeoa NICE PEOPLE Introducing Rath Hammond

ENGLISH'S 'U ALL WEEK GRAND PLAYERS IN “THE NIGHT CAP” MATIVEES WED., BATURDAT and SUN DAT. 85c, 85c. 50c. Each Night, 35c, 60c, 75c. Mate., 8:15, Nights. *t!s.

MANY MERRT MINUTES MISS MYSTERY A Mystic Musical Faroe Dayton A Palmer Z l '! A D L”’ It's to Langh GLHIVIV Nester A Vincent & A Smart Offering BOOTS Reader A Daville . Troupe Nuff Sod JEAN LACROSSE California'* Favorite Soprano PHOTO PAULINE BTARK In PLAY "The Kingdom Within"

i voir w ‘*" LI mu c r ED & TOM HICKEY Two Elegant Gentlemen Richard Bartlett CAVEMAN LOVE With Elaa Garrett a BERT WALTON HERRON & GAYLORD Ladora & Bookman Roger*, Roy & Roger* Sxtra Added Attraction DAREDEVIL MENDOZA “THE GLOBE OF FATE" Danolng In the Lyric Ballroom afternoon and evening

JULY 4TH RIVERSIDE AMUSEMENT PARK “THE JOYSPOT ” IMPORTED DAYLIGHT FIREWORKS, 3:30 P. M. CAPTAIN SKIVERS BALLOON ASCENSION and Five Parachute Drops, 5:30 P. M. You Have Heard Your Neighbor Talk About Thle. See For Youraelf "MECHANO " WORLD’B MOST MYSTIFYING BAFFLING YBTERY : l^|^^|||MM Grand Night DisplaytmmJjGe^&SSßßE

MARY E. FORD DIES Hartford City Woman Was Second Cousin of Robert Louis Stevenson. By Times Special HARTFORD CITY, Ind., July 2. Mrs. Mary E. Ford, 73, wife of William Ford, is dead at her home fol-

SPECIAL SERVICE to Speedway Wednesday, July 4th ' Via Terre Haute, Indianapolis & Eastern Traction Co.—Account of National Balloon Races

Are You Planning To take advantage of the low reduced round trip fares offered by the Union Traction Company for Summer Vacations and Week Ends? Northern Indiana Lakes Winona Lake, Tippecanoe, Webster, Wawasee, Chapman and Barbee. Tours on the Great Lakes Very low round trip fares. Tickets on sale daily. Limited to 15 to Toledo, Put-In-Bay, or Cedar Point, and Cleveland. Ohio; Buffalo and Nigara Falls, N. Y.; Detroit and Port HuroJ, Mich. See Local Ticket Agent or Write Traffic Department for Information. Union Traction Cos. of Indiana ANDEBSON, INDIANA.

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100 MILES AUTO RACE Hoosier Motor Speedway, Thirty-Eighth Street Boulevard and Pendleton Pike JULY 4th—2 P. M. Twelve of fattest care in dirt track game, manned by dare-devil drlvera, from a field of 19 will start In the event NO DUST Free Parking. Drive out Massachusetts Ave. or Thirty-Eighth Street Boulevard. Take Indiana Union Traction cara. Band concert of patriotic airs. Returns by special wtre from automobile race at Kansas City and Glbbons-Dempaey fight at Shelby, Mont. Admission, $1; Grandstand, $1 —Includes Tax

j u L y 4th ras . 9 State Fair Grounds . L:' ■z- •*. ’ ' ■ ’■ . ! Fireworks Spectacle DANCE OF THE NATIONS Pushmobile Races lor ( haiopionship <f Indiana an'd'Adjoining.States. Admission 50 cents—(hand Stand Free. Children Tree.

lowing a prolonged Illness. Mrs. Fofd was born at Columbus, Ohio, and was the daughter of Dr. Jessie Stevenson. She was a second coy sin of Vice President Stevenson, who served under the Cleveland Administration. She was also a second couJin of Robert Louis Stevenson, the novelist. ,

MOTION PICTURES

BROADWAY —TODAY— The SLAVE MART Featuring “ZULEIKA” In Person THE DANCE OF PASSION Admission, 25c

AMUSEMENTS

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