Indianapolis Times, Volume 35, Number 45, Indianapolis, Marion County, 3 July 1923 — Page 11

-TUESDAY, JULY 3, 1923

GENERAL MARKEI pFAILS 10 FOLLOW UP REGENT GAINS Sluggishness Characterizes Movements of Leading Speculative Leaders, The WALL STREET JOURNALNEW YORK, July 3. Stocks opened higher today on a fair amount of trading and all classes showed some improvement from Monday's closing levels.' It was noticeable that rails took up a considerable part of the speculative interest. However, trading turned dull shortly after the opening and prices receded fractionally in leading issues. Overnight political news of agitation for lower tates apparently had some effect on the buying of railroad shares. First Hour Rails showed no disposition to follow through on their strength of Monday, although none showed any particular weakness aside from New Haven, which is under influence of a ktparate situation from such as New SEErk Central and Atchison, which are ™K>ked upon as low in price because of earnings and dividends. Foreign news of difficulty between Great Britain and other allies on the reparations question was believed to have caused some liquidation of, stocks in the last ten days. Second Hour Notwithstanding some selling in the smaller issues, which gave the market the appearance of weakness, the general list held firm in the late forenoon trading. The opinion was expressed that selling in such stocks as Atlantic Gulf, New Haven, Centra! Leather and others was forced, and while this influenced operators to sell some of the leading issues, little stoct came out. At the end of the second hour such stocks as Studebaker, Pan American, Consolidated Gas, Steel common. New York Central anl others showed but slight changes from the opening. Noon Hour New Haven got down to anew 1323 low at 11% in the noon dealings, but rubber shares showed a much better tone while in several of the miscellaneous industrials there were evidences of support, notable in Associated Dry Goods. In banking circles it was regarded as significant that the market showed such rallying power on Monday and earnings statements soon to be made public are expected to strengthen general confidence. Fourth Hour After holding firm, the list reacted ip, the afternoon with most of the leaders getting to or fractionally below prices reached in the recessions earlier in the day. The volume of trading was light and in no way did the selling in stocks equal that of last week, as the wide declines were limited to a few specialties. Central Leather, under pressure, was off 3 points from Monday's high. Closing Hour Toward the close of trading the whole list gave ground under impetus of selling in special issues such as Baldwin and Corn Products, not to mention Central Leather, brought about by news of further reductions in the price of hides and prospects of poor earnings for the current period. Selling of low priced rails and Industrials, a number of which touched hew low marks for the year, finally oommunicated itself to the entire list, with the result that recessions were generally the rule. Twenty active industrial stocks on Monday averaged 88.95, up 1.10 per cent. Twenty active rails averaged "8:40, up 1.55 per cent. Local Bank Clearings Indianapolis bank clearings Tuesday were $4,854,000: bank debits were $8.86-.000. Foreign Exchange 3* United Financial NEW YOKK. July 3.—Foreign exchange ,pened irregular. Sterling Demand, 4.56 9*: cable. $4.56%. Francs-—Demand, ,'lHc; cables. 5.92 c. Lire—Demand, &,4c: cables. 4.34 He. Belgian—Demand. 02c: cables. 5.02 He. Marks—l73.9lo to the dollar. . Szecho—Demand, 2.98Hc; cables. 2.90 c. Swiss—Demand. 17.44 c: cables, 17.46 c. Guilders—Demand, 39.05 c: cables, 39.08 c. Pesetas—Demand, 14.19 c: cables, 14.21 c. Sweden —Demand. 26.41 c: cables. 26.45 c. Norway—Demand. 16.23 c; cables. 16 27c. Denmark —Demand. 17.43 c: cables, 17.47 c. i

Produce Markets

INDIANAPOLIS. July 3.—Fresh eggs. 18c; packlnr stock butter. 250: spring 1 H to 22 lbe., 33c; lowls. straight. 18c; fowl*, under 4 lb*., 15c: leghorn. 25 per cent discount: cocks. 9c: young tom turks. 23c: old tom turks. 18c; ducks. 5 lb*, up. 12c: geese. lH lbs. UP. 10c: squab*. 11 lbs. to dot.. $5. Intlianapo'ls creameries are paying 38c a lb. for butter la4. CLEVELAND. July 3.—Butter—Extra In tubs. 43@43Hc; prints. 44@44Hc; firsts. 41 @4l tic; packing stock. 30® 32c. Eggs —Fresh gathered northern extras, 27 He; Ohio firsts, 22 He: western firsts, new cases. 22c. Poultry—Heavy fowls. 22® 23c: light fowls. 20@ 22c: cocks. 13(3 14c; broilers. 31 ©4Bc: ducks, spring. 28® 30c. Pbtatoe*—Virginia Cobblers, $8.25 per barrel. NEW YORK. July 3.—Flour—Quiet, steady. Pork--Quiet: mess. J 25. Lard— Steady: Middle West spot. [email protected]. Sugar—Raw dull: centrifugal. 96 test. S.9le: refined dull: granulated. 9 [email protected]. effee—Rio No. 7 on spot. 11 @ll He: Santos. 1314® 1444 c. Tallow—Steady; special to extra. 644® 6 \c; city, 5 4*® 6c Dressed poultry—lrregular: turkeys. 25@42c; chickens. 18©62c: fowls. 12@28c; ducks. Long Island. 25c; capons. 30®46c. Lire poultry —lrregular; geese. 15c: ducks. 14@ Ztc; fowls 23@25c; broilers. 28@30c. Cheese—Quiet: State whole milk, common to spedala, 18©26c: State skims, common to special*, 10® 19c. Butter—Easier; receipts. 23.954: creamery extra. 3714 c: special maritet. 8714 ©3814c; State dairy tubs. 38@37c. Jggs—Firm; receipts. 33,005: taMtarby whites, fancy. 43c: nearby State white. 24® 40c; nearby browns, 32 July 3.—Butter—Receipts. : creamery extra. 37c: standards, firsts. 33 ® 34c; seconds. 31 4, @3244 c. Receipts. 28.197; ordinary firsts, 19 firsts. 214jc. Cheese—Twins, 22® Young Americas. 22c. Poultry—12® 20c: turkeys. 20c; roosters, broiler*. 36® 40 Potatoes—Receipts. Oklahoma Triumphs. 52 606 2.75SHBcobbler*. 52.50@3. Virginia Cobblars.

New York Stocks (By Thomson & McKinnon) —July 3

Railroads— At 1:45 Prev. High. Low. p. m. close. Atchison .... 98H 08 98H ;b. & 0 44% 44% 44% 44% Can Pac. . . 145 H 144 H 144% 145 C A NW.Ry. 71% 70 % 71% 70 C., R. I & P. 25 23% 23% 24% Gt. Nor. pfd. 64% 64% 64% Lehigh Val. . 58 % 58 % 68 % 57 - |N Y. Cent 97% 97 97% 97 H : North. Pac. 66% a 65% 66% Nor. & West 103% 103% 103% 103 Penn 42% 42% 42% Reading .71 70% 71 71% So, Pac 86 85% 85% 86 St. Paul pfd. 32% 31% 31% 31% St. L. & 9. W. 29% 29% 29 Union Pac .129% 128% 128% 128 Wab. pfd 27% 26% 27% 27 Rubbers—- ! Kelly-Spring . 32 % ... 32 % 33 jU S Rubber 42% ... 41% 42 Equipments— . Amer Loco .J 33% ... ' 132% 132% { Baldw Loco .119% 116% 117% 119 ! Gen Electric. 174% ... J 74% 175 Lima Loco. . 61 % ... r OO % 60 % Wosth Elec.. 53% 53% 53% 63% ! Bethlehem... 45 44 % ' 44 % 44 j Crucible 64% 8.3 63 63% Gulf States. . 70 ... 68 % 69 Rep I and S 43 % . . 42 % 42 % U S Steel ... 91% 90% 90% 91% i Vanadium .. . 27% 20% 27 26% j Motors— Am Bosch M 30 % ... 30 % 30 % ! Chand Mot. . 49 % 49 49 % 49 % Gen Motors. 13% 13% 13% 13% Max Mot A. . 39 ... 39 38 Max M (B) 11% 11% 11% I Studebaker . 102 % 101% 101 % 101% Stewart-W... 77% 76% 70% 77 , Timken 30% 35% 36% Minings—--1 Int. Nickel.. 12% 11% 12 11% Texas GAS 55 54% 54% 55 Copper*— Am. Smelt... 65% 54% 54% 55%

GRAINS HIGHER DESPITE SETBACK Fair Class of Buying in Late Trade Bolsters Prices, By United Financial CHICAGO, July 3—Despite a moderate set-back late in the session, grain prices rallied and with a fair class of buying closed higher on ihe Chicago Boafd of Trade today. Buying in w*%eat continued heavy throughout the late session with early sellers showing a tendency to even up commitments. Export business continued dfill, only 150,000 bushels being reported worked via the Gulf. Evening process brought some buying in corn and prices advanced as a result. Southwestern markets reported better demand with feeders coming into the market. Oats trading was dull, although values increased with other grains. A strong hog market and better cables caused a firmness In provisions. Chicago Grain Table * —July 3 WHEAT— Prev. Open. High. Low. Close. elseo. July. 1.01% 1.03% 1.01% 103% 1.02% Sept. 1.02% 1.03% 102% 103% 103% Dec. 1.05% 1.06% 1.05% 106% 1.04% CORN— July. 78% .79% .77% 6P % .78% Spet. .73% .74% 73% .74% .74% Dec .61% .63% .61% .02% .02 • OATS— July. .40% .40% .4040% .40 Sept. 35% 30 .35% 36 .35% Dec.. .37% 37% 37% .37% .37% LARD— July. 10.72 10.82 10.70 1d.82 10.72 Sept. 10.97 11.07 10.95 11.07 10.97 RIBS — July.. 8.80 8.95 880 895 8.80 Sept.. 9.05 9.20 905 920 9.05 RYE— July.. .62% .63% .62% .62% .62% Sept.. .65 .65% .65 .65% .65% CHICAGO. July 3.—Car lot receipt*: Wheat, 30; com, 224: oat*. 185; rye, 2: barley, 7. CHICAGO. July 3.—Primary receipts: Wheat. 768.000. against (holiday): corn. 884 000. against (holiday): oats. 816.000. agairißt (holiday) Shipments: Wheat. 981,000. against (holiday): corn. 472.000, agalns t(holiday); oats. 614.000. against (holiday).

Cash Grain

INDIANAPOLIS. July 3.—Total receipts for the day, 62 cars Grain prices quoted f. o. b. basis. 41 % c to New York. Bid* for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat —Through biiled. firm; No. 2 red. $1.04® 1.06. Corn —Stronger: No 2 white, 78@80%c; No. 3 white, ?7%@80c: No. 2 yellow, 77® 79%e; No. 3 yellow. 76%@78%c: No. 2 mixed. 76@78%e: No 3 mixed. 75%@78c. Oats—Firm: No. 2 white, 38%@40c; No. 3 white, 38® 39 % a Hay—Firm: No. 1 timothy, $19.50@20; No. 2 timothy. sl9 @19.50: No. I light clover mixed. slß® 18.50; No. 1 clover hay. $17.50® 18. —lnspections Wheat—No. 1 red. 1 car: sample. 1 car Total, 2 cars. Com—No. 1 white. 2 cars; No. 2 white. 15 cars: No. 1 yellow. 3 cars: No. 2 yellow, 10 cars; No. 3 yellow, 1 car. Total. 31 cars. Oats—No. 2 white. 12 cars. Total, 14 carp. Hay—No. I timothy, I car; No. 2 timothy. 3 cars; No. 3 timothy. 1 car. Total. 5 cars.

Grain Briefs

CHICAGO, July 3.—Corn crop prospects hare improved but the growth is unusually irregular. Hot weather has damaged oats crops in various sections, but lack of speculative suitport has depreseed price*. Harvesting of the winter wheat crop in Oklahoma Is practically completed. The average yield was eleven to twelve bushels per acre. The condition of winter wheat in the Northwest is 75 per cent for a forecasted yield of 567,000.000 bushels. A leading crop expert estimated the winter wheat crop at 590,000.000 bushels against 581.000.000 bushels, the last Government estimate. Practically all of the 1922 hay crops harvested. the Department of Agriculture slated. MOTORMEN NOT IMMUNE If They Hinder Flrem&n, Arrest Them, Says Tret-ton. Street car motor-men who fail to stop for fire apparatus should bears rested, James P. Tretton, superintendent of the Indianapolis Street Railway Company, told the board of public safety in a letter today. Tretton said he saw no reason why motormen should be Immune from arrest If they interfered with Are runs. Fire Chief John J. O’Brien had complained of motormen. WOMAN INJURED BY AUTO Mrs. Blanche Morton Sustains Severely Wrenched Back. Mrs. Blanche Morton, 44, 421 E. Michigan St., had her back severely wrenched today when she was hit by an automobile owned by William Jones, 644 Douglas St., according to police. % Mrs. Morton was crossing the street a 809 .Ft. Wayne Ave, The driver gave his name as Baker but left be-

1:49 Prer. High. Law and. m. close. Anaconda 40% 39% 30% 39% Kennecott... 33% 32% 32% 32% Utah Copper 57% 67 57% 50^4 Oils— , Cal. Petrol... 19% .... 19% 19 .Coßden ... 40 % 4040 % 41 % Houston Oil .53 ... 52 Vi 51 Vi Marland Oil. 38% 36% 37% 38 P.-A. Pete.. 58% 57% 58 57% P A. P. (B) 54 53 52% Phillips Pete 26% ... 20% 20% Pro. A Ref.. 34Vi 33% 34% Pure Oil . 18% J... 18% 18 S. Oil of Cal. 51 .... 51% 50 8. Oil of N.J. 33 32% 32% Sinclair .... 23 % 22 % 23 23 % Texas Cos. . . : 42 41% 42 41% Industrial*— Allied Chem. 60 65% 66 66% Am. Can. ... 88 86% 87% Am. Woolen. 83% 83 83 83% Central Leath 20% 18% 20% Cont. Can... 45 % 44 44 % 45 % Fam. Players 89 08% 69% Gen. Asphalt 29 29 28% Mont Ward... 20% 20% 20 Nat. Enamel. 67 60% 57 Owen Bottle. 42 41 % 41% Sears Roebk. 72 70% 69% C S Ind Aleo 44% 43% 43% 43% Am T and T. 120% 120% 120% 120% Con Gas .... 58% 58% 58 58 • Shipping— Am Int Corp 18 17% 17% 18 Atl Gulf ... 13% 9% 10 13% Int M M pfd 24 % 23 23 24 Foods— Amer Sugar. 06% 65% 66% 67 Am Beet Sug 31 % 31 31 31 % Com Prod ..121% 117% 117% 123% 1 Cu Cn Su pfd 42 % 41 % 42 41 % Cu-Arn Sug.. 26% 25% 25% 25% Punta Alegre 50% 48% 50 50 Tobaccos— Tob Prod... 77% ... 77% 77

CURB DISPLAYS FIRMNESS DESPITE LIGHT TRADING Industrials Divide Activity Honors With the Oils. By United Financial NEW YORK, July 3.—Despite the pre-hilding slackening of trading which crept into the curb during the afternoon, the list as a whole showed firmness. The opening was strong and stocks registered some fair gains in the early turn-over, industrials dividing the initial activity with the cils. Later irregularity developed and issues which had put fair gains behind them were turned back. However, others took up the burden of the advance and moved forward briskly. Instances of this shift were noted in the slump of Standard Oil of Indiana to 54%, after being at 55*4, and Vacuum at 44%, from 46%. Salt Creek Producers received a lot of attention in the lower priced class by declaration of an extra dividend of 20 cents a share in addition to the regular quarterly dividend of the same amount.

Business News

NEW YORK. July 3.—A canvass of the leading (lock exchange house* conducted by Dow-Jones ha* proved that investment buying of seasoned securities is on tha increase. Since the early part of last week, odd lot purchase* have reached large proportions, one commission house reporting that Us buying orders exceed its selling orders twelve to one. Many marginal operators have been wiped out by the steady decline of the pasl three months, thus reducing speculative buying This decrease it partly offset by the entry of new men who have not been In the market since early in the year. Brokers and financiers with large sum* of money at command have been gobbling up the high-ciass rails and industrials for the past two weeks Many of the bears who have been selling the market all spring are reported to have cleaned up and withdrawn temporarily which may account in part for the current slight recovery NEW YORK—Otto Kahn of Kuhn. Loeb A Cos. sailed on the Aquatania for a three month*' business trip abroad ‘Tm lust going away to look over conditions and to acquaint myself with facta." said Mr Kahn. “I intend to make an economic study, meet a few people and try to get some rest. ’’ NEW YORK—Although the Steel Corporation closed a large tonnage of rails and other railroad materials in June, bookings from other sources were light and the unfilled tonnage statement for the month, to be published next Tuesday, is expected to show another considerable decrease fn orders on hand. The decrease may be larger than that reported for May when the bookings fell 307,158 tons. CHlCAGO—General belief that demand for steel will be greater than production for some time is shown by the fact that the railroads are entering the market for 1924 rail equipment. Tonnage is being placed at $43. Industrial demand for steel Is still heavy, Illinois Steel Company being sold for the remainder of the year and Inland Steel being unable to make delivery for sixty d*ys. LONDON—Following cuts in prices of tires announced by Michelin Company. It Is understood that British companies intend waging a price war in England. France and Italy. NEW YORK—London cables suggest that British Steel men may become strong competitors for the Cfciban, trade in the near future. These manufacturers believing the United States Steel products will not be available to meet Cuban needs for at least •lx months, are anxious to seize the oppor tunity to regain some of their former Cuban steel trade which has almost disappeared since the early years of the war CHICAGO—Pig iron quotations inclined to new levels a%the opening of the week. Leading selling agencies are quoting Nb. 2 foundry iron at from S2B to S3O. Chicago, as compared to $32 two weeks ago. NEW YORK—Kelly-Sprtngfield Tire Company has guaranteed lire prices to dealers against further tire cuts until' Oct. 10. NEW YORK—Roger W Babeon defends his action In putting out the financing advice to htn clients He feels that clients are wise In liquidating their stock holdings as fast as the opportunity offers. Stocks, commodities and labor have been boosted too high and the “inevitable taken," Dressed Beef Prices Wholesale - selling prices on dressed beef. Swift A Cos.: Rib#—No. 2,19 c: No. 3. I6e. Loins—No. 2. 29cr No. 3.25 c. Rounds— No. 2. 21c: No. 3.17 c. Chucks—No. 2. lie: No. 3.9 c. Plates—No. 2, sc: No 3.4 c. Strangler lewis Wins By Time• Special PHILADELPHIA. Pa., July 3.—Ed “Strangler” Lewis won two out of three falls from Renato Gardini, Italian champion here Monday night and retained his heavyweight wrestling title. Lewis won the first fall in 49 minutes and 30 seconds. Gardini took the second in 9 minutes and 42 seconds, and Lewis won the third in 14 minutes and 2 seconds.

Not for Long Mike McTigue, holder of the world's light-heavyweight championship, as a result of a decision victory over Batting Siki, evidently isn’t destined to retain the title very long. Recently Tommy Loughran of Philadelphia decisively outpointed McTigue in an eight-round affair in that city. Prior to that Lroughran had been outclassed in an eight-round affair with Jen Smith. Smith is a second Packy McFarland. a wonderful fighter who has never held a title. If McTigue ever gets into the same ring with Srplth he can kiss good-by f his light-heavyweight honors.

THE INDIANAPOLIS TIMES

PORKERS ADVANCE 25 TO D CENTS * Sharpest Increase of Weeks Occurs in Local Trade, Hog Price* Day by Day June 250-300 lba 200-225 lbs. 150-180 lbs. 27. 7.45 I 7.50® 7.46 7.45 28 7.25 7.25 7.25® 7.30 29. 7.30 7.30® 7.86 7.30® 7.35 30 7.30 7.30 7.30® 7.36 July 2. 7.35 7.35 7.35 3. 7.50® 7.60 7.60® 7.70 7.70® 7.75 ■The laegest single day’s advance in hog prices in many weeks occurred in trading at the local stock yards today when prices for pork on foot advanced 26 to 40 cents, due chiefly to urgent shipment tor outside account, induced by light receipts at Chicago and other market centers. The upturn carried the top price for a load of Hampshires to $7.75, as compared with Monday’s top of $7.35, while the bulk of the day’s receipts of 8,000 moved at $7.60 to $7.65. A few hogs sold early at $7.50, but trading generally was in a range of $7.60 to $7.70. Sows and pigs both reflected the advance in the general market. A better feeling prevailed In the cattle market, due to Monday’s strength which resulted from higher prices in Chicago and light local receipts. Only 300 cattle were offered 1 for sale, and quotations were strong : with the supply unequal to the demand. An advance of 60 to 75 cents in the prices for calves carried the practical top of sl2, though a few sales were reported higher. The bulk of today's receipts of 800 moved between sll and sl2.

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The Indianapolis Times

The sheep and lamb market was active at steady quotations, lambs continuing to sell down from sls and ewes down from $6. Receipts, 1,000. I—Hogl—Hogs—--150 to 200 lbs $ 7.70@ 7.75 Medium 7.00® 7.70 Heavy 7.50® 7.60 1 Top 7.76 Pigs 6.00 ® $6.50 Packing sows 5.60® 6.00 Cattle Few choice steers SIO.OO @10.60 Prime corn-led steers, 1.000 to 1.300 lbs 9.00® 9.60 Good to choice steers, 1,000 to 1.100 lbs 8.50® 9.00 Good to choice steers. 1.000 to 1.200 -lbs B.oo® 8.50 Good to choice steers, 1,000 to 1.700 lbs 7.60® 8.00 Common to medium steers, 800 to 1,000 lbs 7.25® 7.50 —Cows and Heifers—- | Choice light heifers .......$ 8.50® 9.50 Good light heifers 7.00® 8.75 Medium heifers 6.00® 7.25 Common heifers 6.00 @ 6.00 Fair cows 4.00® 6.00 Cutters 2.75® 3.25 Canners 2.23® 2.50 —Bulls— Fancy butcher bulls $ 6.00 @ 6.50 Good to choice butcher bulls. . 5.00® 6.50 Bologna bulls -8.76@ 4.60 —Calves— Choice veals $ll.OO @12.00 Good veals 10.00® 11.00 Medium veals B.oo® 9.00 Lightweight veals 7.50® 8.00 Heavyweight veals . 7.00® 7.60 Common heavies 6.00® 7.00 Top 12.00 —Sheep and Lambs— Culls $ 2.25® 3.25 Good to choice ewes 3.00® 0.00 Few choice lambs 13.00 @15.00 | Heavy lambs ■. 11.00® 18.00 Cull lambs [email protected] Other Livestock By United Financial CHICAGO. July 3.—Hogs—Receipts, 24.000; market 16®26c higher; ton. $7.40: bulk. $6 [email protected]; heavyweight. $8.75® 7.25: medium, $6 [email protected]; light. $6.80® 7.35: light lights. $6 [email protected]; heavy packing sows, [email protected]; packing sows, rough, 55 [email protected]; killing pigs. [email protected]. Cattle—Receipts. 5,000: market active, generally 15®25c up on most killing classes: top matured steers. $11.50; yearlings showing relatively most advance: in-between grades numerous at $0 60 @10.50; other classes about steady; vealers 25® 50c higher at slo® 10.50. Bh<*p—Receipts. 4.000: market active; fat lambs steady to strong.

sorting light; bulk good and choice natives, $15.50® 15.75; culls, $8.50@9; six doubles prime Idaho*, $10.15: bulk medium and handyweight ewes. $5 @6.50; extreme heavies downward to $3.60. CLEVELAND, July 3.—Hogs—Receipts. 2,000: market, strong, higher; yorkers. $8: mixed, $8: medium, $3; pigs. $6.75: roughs, $5.50; 6tags, $4; Cattle—Receipts. 200: market, strong, unchanged. Sheep and Jambs—Receipts. 400; market, strong; top. sls. Calves—Receipts, 200: market, strong; top, sl3. CINCINNATI, July 3.—Cattle—Receipts, 300: market, steady: shippers, [email protected]: market, active and higher: extras, sll @l2. Hogs—Receipts. 3,000; market, active, 25c to 30c higher: good or choice packers, $7.75. Sheep—Receipts. 7,000; market, steady; extras. $4 @6. Lambs—Market, active, 25c to 50c higher: fair to good, $15.50@16. EAST BUFFALO, July 3.—Cattle—Receipts, 300; market, slo wto steady; shipping, steers, [email protected]: butcher grades sß@9: cows. $2.25 @0.50. Calves—Receipts. 350: market, active to 50c higher; culls to choice, $4 @4.50. Sheep and lambs—Receipts. 600: market, active and steady: choice lambs. $15@16: cull to choice, [email protected]: yearlings, sß@l3: sheep, [email protected]. Hogs— Receipts, 2,400; market, active to 26®40c higher: yorkers. [email protected]; pigs, $7.25® 7.50; mixed. [email protected]; heavies, $7.90@8: rough, [email protected]: stags. $3.50@4. EAST ST. LOUIS. July 3.—Cattle—Receipts. 2.500: market, steady: native beef steers. $9.36 @10; yearlings and heifers. $8 @9.25' cows. $4.50 @5,50: canners and cutters. [email protected]: calves. $9.75@10. Hogs —Receipts, 12,000; market, active: heavy, $6.856 7.35: medium, $7.15®7.46; lights. [email protected]: light lights. $6.50@740: packing sows, $"[email protected]: pigs, $5.76@7.?5; bulk. $7.25(f 7.40 Sheep—Reicepts. S.OL’O: market. w: ewes. $3.50® 6: canners and cutters, Si. @3.50; wool lambs, $12.50@ 14.75. PITTSBURGH. July 3.—Cattle—Receipts. : light; market, steady: choice, $10.f>0@ll: good, [email protected]: fair. $7.25® 8.05: veal I calves. [email protected] Sheep and lambs— I Receipts, light; market, steady: prime wether*, $7®7.50; good. [email protected]; fair mixed. [email protected]; lambs. sll@l2. Hogs —Receipts, 6 dd; market, active to higher; Prime heavy. [email protected]: mediums, [email protected]; heavy yorker*. $7.75® 7.80: light yorkers, $7.50 @7.85; pigs, $7 @7.25; roughs. [email protected]; stags. $2.50@3 In the Cotton Market By United Financial NEW YORK July 3.—Cotton market opened lower, due to the bearishness in- | duced by the Government report. July. 28.35. off 23: October. 27.90, off 24: December. 23.30, off 29; January. 23.12, off 26; March. 23.10, off, 22. - Cloverseed Market Cloverseed was quoted s7@lo a bu. in Indianapolis.

MAIN 3500 is more than a mere telephone number—it is the symbol of a public service—representative of The Indianapolis Times Want Ads—a public utility; on the same plane as the telephone, the street car, the power plant. The moment you phone your Want Ad to Main 3500 you start the machine that broadcasts your message to practically 40,000 homes in Indianapolis and to other people in nearby towns scanning The Indianapolis Times Classified pages for just such offerings as you are describing. Whether you lose something, want to sell, rent or trade —there’s just one thing to do —call Main 3500 and ask for a Want Ad taker. On the other hand, if you are in the market to buy, rent or exchange, you are overlooking opportunities every day that you fail to consult The Indianapolis Times Want Ads. Opportunity is only as far as your telephone—* and the key number is Main 3500,

DARK TO DAWN FLIGHT WILL START FRIDAY i Lieutenant Maughan Again Postpones Daylight Trip Across-Nation. By United Prese NEW YORK. July 3. Lieut. Russell L. Maughan who will attempt to fly from New York to San Francisco in seventeen hours will make his start Friday, he announced today. He had planned to start tomorrow.

) GOOD GOODS (apital Citg Mit 100 PER. CENT * PURE * generously reimburses property owners yi'N in the form surface prote&ion. It has \ satisfadory covering properties, liberal j spreading qualities and ertrems J I \\ The Capital Gty Paint dealer near you I 1 /j\ will be glad to give you further fads - AL* 11 Indianapolis Paint 8C Color Company

Four mechanical experts, trained to the minute In the art of refueling and making minute adjustments have gone ahead. The four stops scheduled are Dayton, Ohio, St, Joseph, M.; Cheyenne, Wyo., and Saldure, Utah. Local Hay Market Loose hay—s2l@23; bales, $20@32: heavy mixed, 95®97c: light mixed hay, $lB @2O. Com—9s® 97c. Oats—so@sso.

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