Indianapolis Times, Volume 35, Number 47, Indianapolis, Marion County, 5 July 1923 — Page 11

THURSDAY, JULY 5,1923

BEAR SENTIMENT IS AGAIN SHOWN fIN STOCKMARKET Another Wave of Selling Carries Many Issues to Further Lows, The WALL STREET JOURNAL MEW /ORK, July s.—The stock market Irregular but active today With leading stocks like Studebaker. Union Pacific, New Tcrk Central and Steel common that were under pressure late Tuesday showing fractional advances Over-holiday news was mixed with the London bank rate raise and further crude oil price cuts while weekly car loadings on American railways still over the million mark for the fifth consecutive week. Foreign exchange opened lower as'a reflection of unsettlement over the reparations question. First Hour Selling in the rails and a few industrials brought on a reaction after ten-thirty', virtually all leading stocks getting down to or under Tuesday's lows. Delaware & Hudson, Union Pacific, Baldwin and Com Products were the centers of particular selling, market observers were of the that the stocks took the selling fairly well as maijy of them had recovered a substantial part of their teaction before the end of the first hour. Studebaker at one time dropped to 99% and Steel common to' 89%. Second Hour Further selling occurred in the second hour with the main body of stocks 'getting down to new 1ow t s for the day and under Tuesday's low marks. Com products continued to be sold as did National Biscuit and Baldwin. Visits to brokerage houses disclosed bear sentiment with a few exceptions, advices on that side of the market being given on leading stocks for quick profits. Two rails that showed relative firmness were Atchison and New York Central ■which were off but fractionally. Noon Hour Stocks resisted selling in the noon dealings as traders began to see their offerings absorbed without bringing lower quotations, they turned and bought stocks. Some issues in which selling had been especially heavy had nice recoveries, Com Products rallying over 3 points from its morning low. while Baldwin advanced 2 points, Studebaker a like amount and Steel common more than a point.

Fourth Hour Many Issues In early afternoon trading continued to manifest a marked ability to withstarid the sellpressure exerted against them several stocks managed to score gains over their opening prices on the recovery. However, bearinsh influences at work in the financial community keep back a general recovery, but traders became steadily more cognizant of the German selling in the market as one of the chief contributing factors to the recent decline. Closing Hour The day’s market session came to a close in rather quiet fashion despite the two attempts made during the trading to force liquidation in the general list. Issues were well absorbed on the declines, indicating the presence of substantial scale buying orders in the market. However, whenever selling pressure was lifted, stocks recovered with facility equal to that of those stocks which offered more resistence to the selling. Local Bank Clearings Indianapolis bank clearings Thursday were $5,000,000: bank debit* were $8,245,000. Foreign Exchange By VtUted Financial SEW YORK July s.—Foreign exchange opened lower. Sterling—Demand. $4.55 7-16: cables. $4 55 11-16. Francs—Demand. 5.86 He: cables. 5.87 c. Lire—Demand. 4.38 He; cables, 4.32 He. Belgians—Demand. 4.96 He; cables, 4.97. Marks—--190,480 to the dollar. Czecho—Demand. 2.99 He: demand. 3.99 Hc. Swiss—Demand. 17.32 c: cables. 17 34c. Guilders— Demand. 39.27 c: cables. 39.30 c. Pesetas— Demand. 14.16 c; cables, 14.18 c.

JYew York Money Market Financial VW YORK. July s.—The commercial paper market was fairly active with prime name* 5 per cent, other name# 5H per cent. Time money market quiet. All maturities 5 per cent bid and offered 5 H per cent. A few loans have been arranged at 514 per cent. Renewals 5H per cent. Business Today NEW YORK. July s.—Cables from London to Dow-Jones A Cos. explain that the increase of the discount rate from 3 to 4 per eent resulted because of disparity between American and Bank of England money and because the reserve ratio in England had fallen from 17.39 a week ago to 14.24 per cent at present. London market* opened lower, but later became steady under the ac:ion of the Bank of England The commercial paper ratq, is now 5 per cent, long term rate 5H per cent and day to day loan* 1% per cent. Other factors contributing to the discount rise a* to be found in the withdrawal of money from loan* by banks which wished to show sound financial conditions for the semi-annual Inspection and in the fact that larger summer credit requirements resulted in a desire to curtail non-essential loans. NEW YORK —Perhaps at no previous time have corporations running full and having to carry substantial inventories and meet big pay rolls had so much surplus cash for investment. They learned in 1920 and 1921 the need of conserving cash assets and the result is that many or them have more liquid capital than they need in their bus ness. This money automatically, direct--1 yor indirectly, benefit* the whole financial situation. NEW YORK —Production of paper in the 'United State* In May exceeded all similar months on record. Total output of 659,025 ton* was also larger than any other month so far this year. Newsprint featured May production and demand for it still continues heavy. There was a slight failing off in bag and hanging papers, but production of other grade* was at a high level. WASHINGTON —American import* of raw material* for the fiscal y*ar ended June estimated at approximately $1,000.This i* a rain of 10 per cent over and about equal to the year ending June 30. 1921. when the high record for Imports was set. Raw materials and crude manufactured stuff* for American industry will make up about 58H of the total. SAN FRANCISCO—States Oil and Gas supervisor R. E. Collom. reports twentyirine new wells started during week ended (June 30. as compared with twenty-four In previous week, making 770 new wells so far thle year, or seventy-nine more than during •he corresponding period of 1922

Hearing Fight Returns in Front of Times Office

SEVERAL THOUSAND FIGHT FANS STOOD IN FRONT OF THE INDIANAPOLIS TIMES OFFICE WEDNESDAY AFTERNOON AND LISTENED TO A ROUND BY-ROUND DESCRIPTION OF THE DEMP-SEY-GIBBONS FIGHT AT SHELBY, MONT. NO ANNOUNCEMENT HAD BEEN MADE THAT RETURNS WOULD BE"'MEGAPHONED, BUT SIZE OF THE CROWD MADE THIS ADVISABLE. HEREWITH IS ONE SECTION OF THE THRONG.

New York Stocks (By Thonucn & McKinnon) —July 6

Railroad*— At 1:45 Prev. High. Low. pm. close. Atchison .. 98% 97 98% 97% B & O. ... 44 42% 43% Can. Pac... 142% 140% 142 142% C. & N. W. R. 70 ... 09% 09% C . R I. & P 23% 22 22% 23% Del. A Hud 101 98% 101 102 Gt. Nor. pld. 63% 63 63% N Y. Ceu.. 07% 96 90% 96% N YN H A H 11% 9% 10 YIS Nor. Pacific. 64 V* .... 03% 64% Pennsylvania. 42 % ... 42 % 42 % Reading . . . . 09 % 08 % 09 % 09 % So. Pacific. . . 80% 85% 86% 86% St. Paul pfd 30% 29% *9% 30% St L A S W 27% .... 27% 27% Union Pac.. 128 120 127% 127% Wabash pfd 20% 25% 26% 26% Rubbers— Kelly-Spg 31% 30% 31% 32 U. S. Rub... 41 40% 41 41% Equipments— Am. C. A A 154 Vi .... 154 155 Am. Loco. 131% 129% 130% 131% Bald Loco. 117% 114% 116% 110% Gen. Electric 173% 172 172% 173% Lima Loco.. 61 58% 69% 69% West. Elec... 53% 52% 53% 52% Steels— Bethlehem.. . 44 42 % 43 % 44 % Crucible ... 03% 01% 02% 62 V* R. I. Sc Steel 41% 41 42 41% U S. Steel.. 90% 89% 90% 90% Vanadium ..25% 24% 24% .... Motors— Chandler M.. 48% .... 47% 48% Gen. Motors 13% 13 13% 13% Max M (A) 38 87 38 Max Mot B. 11% ... 11% 11% Studebaker .100% 97% 100% 100 Stew-Wamer. 76% ... 74 76% Timken 35 34% 35 35% Minings— Int Nickel... 11% ... 11% 11% Tex G and S 54 ... 53 % 53 % Coppers— Air.er Smelt. 54% ... 53% 54%

Mil! ADVANCE HITS MARKET Prices Ascend to Top of $7,85 ' —Shippers Active, Ho* Price* Day by Day June 250-800 lb*. 200-225 lb*. 150-180 lbs. 28. 7.25 7.25 7.25® 7.30 29. 7.30 7.30® 7.35 7.80® 7.35 30 7.30 7.30 7.30® 7.35 July . 2. 7.35 7 35 7.36 3. 7.50® 7.60 7.60® 7.70 7.70® 7.75 5. 7.75® 7.80 7.75® 7.80 780® 7.85

Hog prices advanced 10 to 15 cents In trading at the local livestock exchange today, despite heavy receipts of 12,000, due to urgent shipment for outside account. Wednesday’s holiday also contributed to the Increased demand, traders asserted, as one less marketing day in a week invariably strengthens the demand. A few hogs sold early at $7.75, Tuesday's top price, but the bulk of trading was done at $7.80, while a few managed to bring a nickel more at $7.85. Sows and pigs reflected the increase, sows selling down generally from $6.75 and pigs down generally from $7.26. The cattle market gave early evidences of strength, though the class of stock received was not the best. Os the 1,000 cattle offered for sale, the bulk was steers, only a small amount of butcher stock having arrived. Prices for the finished steers were fully steady and strong in spots, while the butcher quotations were no more than steady. Another advance of 50 cents to $1 in the price for veals carried the top to sl3, while the bulk sold between sl2 and sl3. This sharp advance followed Tuesday's upturn of a similar amount. Receipts fell far short of meeting the demand. Receipts, 700Trading in the sheep and lamb market was done at stealy prices, with lambs selling down from sls and sheep down from $6. Receipts, 800. —Ho**— 150 to 200 lb* $ 7.80® 7.85 Medium 7.75® 7.80 Heavy 7.75® 7.80 Top 7 80 Pigs 6.75® 7.25 Packing sow* 6.25® 6.75 —Oat tie— Few choice steers slo.oo® 10.50 Prime corn-fed steers, 1,000 to 1.300 lb* 9.00® 9AO Good to choice steer*. I.DOO to 1.190 lb* 8.60® 9.00 Good to choice steer*. 1.000 to 1.200 lb* B.oo® BAO Good to choice steer*. 1,000 to 1.700 lb* 7.60® 8.00 Common to medium steer*. 800 to 1.000 lb* 7.25® 7.60 —Cows and Heifers— Choice light heifer* $ 8.50® 9.50 Good light heifer* ......... 700® 8.75 Medium heifers 6.00® 7.25 Common heifers ; 5.00® 8.00 Fair cow* 4.00® 6.00 Cutter* 2.75® 3.25 Canners 2.25® 2.50 —Bull*— Fancy butcher bull* $ 660® 6.00 Good to choice butcher bulls. 6 00® 5.50 Bologna bull* 3.75® 4.50 —o*l ve*— Choice real* ....$12.00013.00 Good veal* 10.00® 11.00 Medium veals 8 00® 900

1:49 Prev. High. Low o. m. close. Anaconda ... 38 % ... 38 39 % Kenneoott ... 32 % 32 % 32 % 32 % Utah Copper. 68% ... 68 ,50% Oils— * Cal Pete 19% ... 19 19% Cosden 39 % ... 38 % 40 Houston Oil. 60% 50 60V* 60% Marl and ... 37% ... 36% 30% Pan-Am Pete 60% 55% 66 50% Pan-A Pete B 63 51% 51% 51% Phillips Pete. 20% ... 20% 20% Pro and Ref 34 % ... 33 % 33 % Pure Oil ... 18 17% 17% 18% St Oil of Ca! 50% ... 49% 49% 8 Oil of N. J. 32% 81% 32% Sinclair 23% 23% 22% Texas Cos . . 42% 41% 41% 42 Industrials — Allied Chem. 65% 04% 04% 04% Amer. Can 86% 84% 84% 80% Am. Woolen.. 81 ■ 31 81% 82% Coca, Cola. 75% 75% 75% 70 Cont. Can.. 4o 43% 44% 43 % Fam Players 09% 08% 68 % 69 Gen Asphalt. 20% Inter. Harv.. 77 70% 77 77 Mont. A W . 20% 20 Owen Bottle 41 Vi .... 41 % 41 % Seara-Roe 69% 09% 9 % U 8 Ind Alco 44% 43% 44% 44 Am T and T. 120% 120% 120% 120% Consol Gas.. 69 '57 % 68% 67% Col Gas ... 92% 92% 92% 92% Shipping— Amer Int Corp 17 % 17% 17% ls% At! Gulf ... 10% 9% 10 10. Int M M pfd 23 22 % 23 23 Foods— Amer Bug. . 65 % ... 65 % 65 Amer Bt 9ug 30% 30% 30% 31 Corn Prod .117% 114 117% 117% Cu Cn Bug pf 42 40% 42 41, Cu-Am Sug.. 20% 25% 29% 28% Punta Alegre 50% 49% 50% 49% Tobaccos— Am Tob Cos. .141 140% 141 141% Tob Prod 78 77% 77% 78

Lightweight veals 2’55S §'9S Heavyweight veal* 7 00@ 7.60 Common heavies 6 00® 7.00 Top 13 00 —Sheep and Lambs— Cull* ....* S 2.25® 3.25 Good to choice ewes 3.00® 6.00 Few choice lamb* 13.00® 15.00 Heavy lamb* *1 '22 Cull lamb* B.oo® 10.00 Other LlvestocK By United Financial CHICAGO, July 6.—Hog*—Receipts. 30V 000; market, 25 to 35c higher: top. $7.75; bulk. $6.8607.65: heavyweight. $707 00; medium. $7.15® 7.75: light. $7.10® 7.75: light light*. s7® 7.70: heavy packing; smooth $6.25®8.75 packing sow*, rough, s6® 6.40: killing pigs. $6.50® 7.25. Cattle —Receipts. 10.000: market, most killing i classes generally steady: top matured steer*. $11.50; best long yearlings $11.38: choice beef heifers. $10: bulls weak to 15c lower: realer* strong to 25c higher; bulk vealers to packers $9.75 @10.75: upwfcrds to SIIAO to outsiders; Stockers scarce, about steady. Sheep—Reoeipt*. 10.000; market, lamb* •teady to 10c higher, sheep mostly steady: top lambs, Oregon*. $16.2*5: bulk best natives. $16.50® 15.75: fat ewe* mostly $5 @0.50: Nevada yearling wethers, $11.50. CLEVELAND, July s.—Hogs—Receipts. 5,000: market, higher: yorker*. $808.10; mixed. $8 0 8.10: medium. $8 @8.10; pigs. $7: roughs, $5.50: stags. $4 Cattle—Receipts. 0,000: market, uneven: good to choice bull*, good to choice steers, good to choice heifers, good to choice cows, fair to good cows, common cows, milkers. _ unchanged. Sneep and iambs—Receipts. 500; market, higher: top. $15.50. Calves—Receipts 400; market, active and steady; top, $13.00. PITTSBURGH, July 6.—Cattle —Receipt* light, market steady choice. $10.50@ll; good, $9 50® 10.15; fair, $7.25®8.05; veal calves. sl2® 13. Sheep and lambs—Receipt* light, market steady: prime wethers. S7@7AO: good, [email protected]: fair mixed, $4.50® 6.75: lambs, sll @l2. Hogs—Receipts. 86 double-deck*; market lower; prime heavy, [email protected]; medium*. SB.IO @8.15; heavy Yorkers, $8.10@8il5: light Yorker*. [email protected]; pig*. $7; rough*, $4 75@ 5.26; stags. $3. CINCINNATI. July s.—Cattle—Receipts. 1,100: market, steady, 25c to 40c higher; shipper*, $9 @10.25. Calve*—Receipt*. 7.200: market, strong, 60c higher; extra*, sl2 @l3. Ha* —Receipt*. 7.000; market, active, 25c higher; good or choice packers. SB. Sheer) —Receipts. 9,600; market, strong: extra*. s4@B. Lamb*—Market, weak to 250 lower; fair to good. sls@lo. EAST BUFFALO. July s.—Cattle—-Re-ceipt*. 425; market, dull and weak; shipping steers, $10011; butcher gTade*. $8 @9; cow*, $2.25 @8.50 Calve*—Receipts. 500; market, active 50c higher; culls to choice, $4 @l3. Sheep and lamb*—Receipt*. 1,000: market, active; choice lambs 200 higher; cull to choice. sl6® 10.26; yearling*. s9@ 15.50: sheep, sß@l3 Hogs—Receipt*. 7.200: market, active. 75c to $1 higher; yorker*. $8.2508.36 pigs. $8.25: mixed, heavies, $8.1008.20: rough. $5.2505.75: stag*. $3.6004.50. KANSAS CITY.—Hogs—Receipts. 10.000: early to shippers 25 to 30c higher: bulk good and choice, 100 to 230-pound average*, $7.2507.30; packer* holding back, $7.20 bid on medium-weight butchers; packing •ow, 15 to 260 higher: bulk. $6.1506.25: stock pig* strong, bulk, [email protected]. Cat-tle-Receipt*. 7,000: killing grade classes opening about steady; practically nothing doing In Stocker* and feeders best sfee r * held around $11: better grade vealera, $8.50 @9 to painters; few loads heifers. !> 9.50; cows, $0.50. Sheep—Receipts. 6.000; lambs slow, generally steady to 35c lo.wer: top natives. sls; sheep strong: Texas wethers .$7.400 8.26. EAST ST. LOUIS. July s.—Cattle—Receipts. 3 000: market strong: native beef steers. $9.25@10: year'lngs and heifers, [email protected]; cows, $4.7505.76: canners and cutters. $1.75 @3.50; calve*. slo@ 10.26. Hogs—Receipts, 12,000; market active, 20@45c higher; heavy, $7.4007.75; 'medium. $7.05 0 7.90: lights. [email protected]; light lights. $7 @7.90: packing sows. $5.75 00.10: pig*. $607.50; bulk. $5.50@7. Sheep—Receipt*. 3.000: market 25® 50c higher: ewe*. $3.60@0; canners and cutters. $103.50: wool lambs, $13@15 25. In the Cotton Market By United Financial NEW YORK. July s.—The cotton market opened irregular. July, 26.06 c, up 6; October 23.50 c off 16: December, 23.05 c, off 11 Raw Sugar Market By United Financial NEW YOBJJ. July s.—The raw sugar market openeW higher. July, $.606 6.52 c; September. 6A2@5 43c December. 4.900 4 91c: Mareh.f 3.01 3.92 c.

THE JJMDIANAPOUS TIMES

GRAINS CONTINUE EARLYRECESSIONS Attempts to Realize Result in Losses in Wheat, By United Financial CHICAGO, July s.— Following the downward trend which developed after a strong opening grain prices suffered further recessions at the close of the Chicago Board of Trade today. Wheat registered a sharp decline when early buyers attempted to realize. Values slumped with lack of speculative support. Some of the early buying was brought about by seaboard advices, which declared that France was In the market for a three months’ supply. Com felt the effects of good crop news, although a hedging demand for nearby cash stocks made its appearance. Feeder demands were negligible. Oats displayed extreme weakness when considerable selling followed further advices from the Southwest, showing Nebraska and Texas were harvesting a bumper crop. Provisions eased off late with grains. Chicago Grain Table —July ft— WHEAT— Prev. Open. High. Low. Close close July. 104 104 1.02% 1.03% 1.03% Sept. 104 104 1 03% 102% 1.08% Dee.. 1.06% 1.06% 105% 108% 1.00% COHN— July. 79% 80% .78% .70 .78% Sept. .78% .78 % .73% .74 .74% Deo.. 63 63 61 % .61% .62% OATS— July. .40% .40% .38% .38% 40% Sept. .30 .30 .34% .34% .30 Deo.. .37% .37% 30% .30% 37% July Al \Y(>7 11 07 11 00 1102 10.82 Sept. 11 35 11.35 11.25 11.25 11.07 Julv 810 015 905 8.10 885 Sept. 935 9.35 925 9.30 920 July. 83 % .63% .63% .63% .63% Sept. .60 .60% .65% .05% .05 A CHICAGO. July s.—Csr lot receipts: Wheat. 24; com. 02; oats, 41: rye. 1. CHICAGO. July s.—Primary receipts: Wheat. 840.000, against 751,000; com. 968 000 against 1.304.000; oats. 1.022.000, against 754 000. Shipments; Whest. 808,000. against 745.00: com. 726,00(1 agsinst 352,000; oats, 585.000. against 657.000.

Grain Briefs * CHICAGO. July 6.—Despite bad crop reports. Russia will harvest 60,000,000 ton* of wheat. the Russian consumers' bulletin estimates. Although black rust l expected to do gome damage to crops in the Northwest, experts believe the Government report will show an 80 per cent condition. Million* ol chinch bugs have been hatched out of wheat in central Illinois and western Indiana and are expected to damage fields from 10 to 20 per cent. The estimated Kansas wheat yield is now placed at 94.000.000 bushel*, or an average of 11 Vi bushels per acre. Heavy bail utorm through central Alberta did serious damage to crop*, experts wired. The crop outlook in western Canada is most satisfactory and shows a better condition than for the same time in fifteen years. CRUDE OIL REDUCTIONS CAUSE SELLING ON CURB Irregularity In fHI Groups Causes General Unsettlement. By United Financial NEW YORK, July s.—Traders in the curb market today seised upon the not unexpected announcement of a price readjustment In Golf Coast Crude Oil as an excuse for further pressure against the oil stocks, and this drive In the most active part of the day not olone wiped out Initial gains but caused unsettlement throughout the entire list. There was a moderate snapbaclc later. Standard of Indiana, the irost. vulnerable of the oils, fell to a' new rec> ord low for the year at 52%, this being brought about by special concentration. Prairie Oil and Gas hit a low of 176 and at a recovery to 177 was still off 3 points from Tuesday quotations. Gillette Safety Razor was the feature of the industrials, getting down to 242%, 4% points under Tuesday's close. National Chaplain Speaks By Times Special CONNERSVILLE. Ind., July 5.—A strong plea for national unity such as spread over the country during the World War, without consideration of race or creed was made by the Rev. William P. O'Connor, j national chaplain of the American i Legion, at a Fourth of July celebration.,

HOOSIER BIRTH RATE LOWER IN WAN 1921 Also Fewer Children Per 1,000 of Population in Indianapolis, Indiana births in 1922 were fewer than in 1921, the Census Bureau in Washington announced today. The general death rate remained the same, while infant mortality decreased. Census tables show that Indiana, with an estimated population of 2,989,493, had a total of 64,088 births, giving a rate of 21.4 a thousand inhabitants compared to 23.0 in 1921. , •Deaths in 1922 numbered 85,684, or a rate of 11.9. The infant mortality rate was 08 compared with 71 in 1921. Rural communities rated higher in all tables. In Indianapolis, with Sin estimated population of 335,012, births totaled 6,656, and showed a rate of 19.9 compared to 21.7 in 1921. Deaths totaled 4,412 with a rate of 13.2. The rate was 12.6 in 1921. There were 511 infant deaths for a -rate of 77 compared to 76 in 1921. In other Indiana, cities the birth

rates are compared; Anderson. 18.2 in 1922 and 20.9 In 1921; Bloomington, 28 3 and 31.2: Clinton. f 2, 3 and 20.4; Crawfordsvllle, 20.5 and 19.0; East Chicago, 24.0 1 : Elkhart. 22.3 and 23.8: El wood. 25.07 and 24 05 Evansville, 17 08 and 20 0: Ft. Wayns. 20 7 and 21 4: Frankfort. 22.2 and 21.0: Gary, 24 3 and 20.7* Hammond, 22.5 and 25. P: Hunting* ton. 23.3 and 25 1. Jeffersonville. 21.6 and 17.*; Kokomo. 21.1 and 24 4 Lafayette. ?8 6 and 28 5; La Porte. 22.8 and 20.1 transport. 17.0 and 22.6. Mariou. 22.1 and 2ll: Michigan City. 27.0 and 20 8; Mishawaka. 33.2 and 30 9: Muncie. 19.1 and 20.3; New Albany, 210 and 21.3; Peru, 19.8 and 24.8: Richmond, 14.2 arid 10 6; South Bend. 35.2 and 27.2; Terre Haute. 30.3 and 22.8 Vincennes 24.7 and „6.2. and Whiting 28 4 and 28 6 Death rate*, exclusive of stillbirths, In other Indiana cities were: Anderaon. 11 1 In 1922 and 10 1 In 1921: Bloomington 12 4 and 12 1: Clinton , 75 and 8.6 Craw fordsville. 14.3 and 14.8; East Chicago. 7.7 and 9.9: Elkhart. 117 and 12.8: Elwood. 11.1 and 18.1; Evansville. 11.7 and 11.4; Ft. Wayne, 110 anti 10,9; Frankfort. 12.0 and 13.8: Gary, 9 8 and 11.0: Hammond. 9 8 and 10.0: Huntington 11.4 and 13.0; Jeffersonville, 14 1 land 11.7: Kokomo. 10.3 and 10.6: Lafayette. 10 4 and 18 2; La Porte. 13 0 and 11 4: Logansport, 12.1 and 11.6: Marlon. 14.0 and 14.0; Michigan City. 13.1 and 130; Mishawaka. 10.6 and 11.9; Muncie. 107 and 12.1; New Albany. 13 8 and 133: Peru 18 4 and 11.7; Richmond. 10.00 and 11.2: South Ben.l, 10.3 and 99: Terre Haute 18 2 and 13.3: Vlnoennea. 14 9 and 16 5. and Whiting. 9 0 and 9.8. Infant mortality rates in other Indiana cities were: Anderson 73 In 1922 and 81 in 1921; Bloomington. 69 and 70: Clinton. 00 and 113; Craw ford art he. 76 and 77; Eaat Chi oago 108 and 119: Elkhart, 58 and 70; Elwood, 82 and 83: Evansville. 103 and 04; Ft. Wayne. 00 and 01; Frankfort. 77 and 97: Gary. 82 and 94: Hammond. 79 and 06; Huntington. 03 and 104; lettereonvlile, 83 and 78: Kokomo. 07 and 92; Lafayette. 07 and 78; La Porte, 75 and 63: Logiunport. 19 *nd 70; Morton. 60 and 86; Michigan City, 08 and 70 Mishawaka, 63 and 88; Muncie. 81 and 99; New Albany. 08 and 49 Peru. 86 and 08. Richmond. 8 Sand 108; South Bend. 08 and 77: Terre Haute. 74 and 79. Vlnoennea. 94 and 90. and Whiting. 124 and 134

Produce Markets INDIANAPOLIS, July s.—Fresh ggs. lc; packing stock butter, 85c; spring, I S to 2 lbs.. 33c; fowls. •tr&i*ht, 18o; fowls, under 4 lb* 15c; leghorn. 26 per oect dtscount; oocki. ftc; jounf tom turkt. 23c. old tom turks. 18c; ducks. 5 Ibe. up. 13c: fee*e, 10 lb*, up, 10c: squabs, 11 lbs. to do*.. $5. Indianapolis creameries are paying 38c a lb. for butter fat. NEW YORK. July s.—Flour, quiet and •teady Pork—Dull. Mess—s2s. Lard—Firmer: middle west spot, [email protected]. Sugar—Raw. steady; centrifugal, 96 test, 6.91 c; refined, steady; granulated. 9.25 0 9.50 c. Coffee —Rio. No, 7 on spot 11 @ 11 He: Santo*, 13H@14Ho. Tallow— Dull: special to extra. (iH @6 Ho; city. 6H See. Dressed poultry—Quiet: turkey*. 2o 42c; ehlekons. 18@62o; fowls. 12®290; duck*. Long Island. 25c. Live poultry— Quiet: gee*e. 15016 c; ducks. 14 025 c: fowl* 25 @ 20c; broilers. 28 0 46c Choose —Dull; state whole milk, common to spoclala 18@2ftc state, skim*, common to special*, B@l7Sc. Butter— Steady: receipt*. 17.708: creamery extra, 37H0: special market. 38038H0. state dairy tube 33 @B7 c. Egg*—Firmer; receipt*. 20,861; nearby while*, fancy. 28040 c; fre*h first* to extra*. 24H@310; Pacific coast, 300 40c: western white. 25® 40c: nearby browns, 32® 40c. CLEVELAND July 6.—Butter —Extra in tub*. 41 H @43He: prints. 42 H 0 44Hc: first*. 38H @4OHo; racking stock. 27H@ 29 Ho. Egg*—Freeh gathered northern extrae. 27 Ha Ohio first*. 22 He; western first*, new caeae. 220. Poul W?—-H** Ty fowls. 22@28c: light fowl#. 20022 c; cocks 18® 14c: broilers. 31048 c; du<A, spring. 28 @ 30c. Potatoes —Virginia Jbbblers, $6.25 pe- barrel CHICAGO, July 6.—Butter—Receipts. 11300: creamery extra. 36c: standard*. 86c: firsts, 83® 34c: seconds. 32@32 V u —Receipt*. 10.030; ordinary firsts, 19@20c: first*. 21 H2l He. Cheese—Twin*. 22® 02 He: Young Americas. 22c. PoultryReceipt*, 4 cars; fowl*. 19@24Hc: ducks, 16@20o; geeo. 12@18c; turkeys, 20c; roosters, 12 He: broilers, 30 @ 34c. Potatoes—Receipts. 238 car*. Alabama Triumphs. $2.65 Irish cobblers, $2.75; Virginia cobblers. $6.25 06.60. Local Hay Market Loose hay—s2lo2B: bale*, S2O 0 22; heavy mixed. 85@97e: light mixed hay. $lB 020 Corn—9s® 87c. Oat*—-60065c. Local Wagon Wheat Local mills are paying. $1.05 for No. 8 red. Cloverseed Market Cloverseed was quoted S7OIO a bu. In Indianapolis. Dressed Beef Prices Wholesale selling price* on dressed beef. Swift &Cos . Rib*—No. 2. 19e; No. 3,18 c. Loin*—No. 2. 29c: No. 3. 250. Rovrnds— No 2 21c: No. 8. 17c. Chuck*—No 2. 11c: No. 8,9 c. Plate*—No. 2, sc: No. 8,4 c. The Tuxedo State Bank EPHRAIM O'HARRA. President. OTHMIEL HITCH. Vice President. ROY E. CASTETTER. Cashier. GRACE WEARY, Assistant Cashier. Report of the condition of the Tuxedo State Bank at Indianapolis, in the State of Indiana, at the close of it* business on June 30, 1923. RESOURCES Loans and discount* $143,644.89 Overdraft* United States bonds 600.00 Furniture and fixture* 1,983.00 Due from banks and trust _ _ companies 1 2'2222? Cash on hand Currant expenses ............. 8.672.34 Interest paid —....... 498.28

Total reource*^ * * • $174,036.70 Capital stock—paid In $ 25,000.00 Surplus 2.500.00 Interest, discount, etc ........ 8,301.88 Demand deposit* .$71,080.82 Demand certificates 25.116.17 Saving* deposits. . 19,940.38 118,73<.37 Cashier’* check* 492.45 Notes, etc., rediscounted 21,005.00 Total liabilities $174,080.70

State of Indiana, County of Marton,ss: I, Roy E. Caatetter. caahler oT the Tuxedo Statu Bank, do solemnly swear that the above statement Is vrue ROT E. CASTETTER, Cashier. Subscribed and sworn to before me. this 3d day of July. 1928. ' A (SEAL) MINNIE €O*IOROVE, My commission expires Apffi 4. 1926.

TO WH. BLOCK C? Hart Schaffner & Marx Guaranteed Clothes tor Men, Young and Boys (8 to 18). - Our Store Closes Saturdays at 1 P. M. During July and August Tomorrow, Friday, Our Bargain Day No Refunds, Layaways, C. 0. D.’s, Phone or Mail Orders on Bargain Friday Items. In many instances quantities are limited. Prices are effective while supplies last. |

ON OUR FIRST FLOOR

Kayser, Mohawk, Shanahan, Italian Silk and Glove Silk Hose for Women $3-00 $1 Off Quality # (Three Pairs, $4.00) Discontinued patterns, novelty lace strides, fully reinforced, pointed heel; black and colors. All sizes. Extra special (3 pairs, $4.00), pair, 91-35.

2,000 Pairs Glove Silk Hose for Women Second# of Our $2.00 Quality i/uv Plain glove ailk and novelty lace stripes, fully reinforced, pointed heel, quarter Kern; black, white and colors. Extra special, pair, 95<J.

FANCY TRIMMINGS', —Hesvly cut-out ma-l Up to terlals for collars.../ •LOO ORGANDY EDOEg . A Qualities METAI. BANDS ( 1Q f METAL R1880N5....) FANCY BRAIDS ) FANCY RIBBONS ' FANCY TRIMMING) BANDS \ NET TOP LACES —9 l inehsa wide ........ 1 SPANISH LACE —I r „ * yard wide, in brown / and navy [ o Q alltl TINS EL EMBROID-l waalln *' EKED BANDS ) PRINTED CREPE—4O/ {)“C inches wide I NET FLOUNCINO \ Yard 86 inches wide, in 1 white and cream.... I COLORED ORGANDY I EDGES / DRESS NETS inches wide ‘ REMNANTS OF RIBBONS. VEILINGS. LACES AND FANCY TRIMMINGS —Destr able lengths, up to OP SI.OO remnants, remnant. .Ml. JEWELRY Included in the assortment are Up to #O.OO qualities, each. Mo Hair Bands, Lingerie ssr Bracelets. £<*,,, Beads, Knives, Cordeliers, Cuff Links, Barptns, Beauty Pina, Vanities, Belt Buckles, Bog Tops, Chokers, Genuine B. V. D. Athletic Union Suits, $2.50 Quality, $1.75 Os fine soft mull; sleeveless, knee length. Every suit bears the red label. All alses 34 to 46.

89c Rompers 2to 8-Year etaoe; of gingham, chambray AH g* and llntne; 100 in lot .••fIC Khaki Bloomers and Knickers For hiking and camping. AQ_ Sizes 8 to 20 $2 Khaki Coatees and Middies Ideal for camp or motoring. QO_ Sizes 36 to 42 $1 Lingerie Blouses For women and misses. Os dimity and voile, plain and laco-trlmmed, counter tossed; A*j 60 In the lot

BEDDINGS—DOMESTICS

HOHiIVK UNBLEACHED SHEETING—2 yards wide UNBLEACHED SHEETING—SUV 4 ?..—. * 55* PILLOWCASES —42x38 Incbea; wide hems (limit 4 IQ_ to customer) IJ I> PILLOW TUBING—3O OC. and 42 inche# wide LUL BLEACHED MUSLIN Yard wide; longcloth flnleh (limit 10 yards to | C_ cuetomer) IJL UNBLEACHED MUSLIN—Yard wide, soft finish (limit 10 yard* to Ql/p customer) 3J/ZL WHITE NAINSOOK —Launders Perfectly ; suitable for fine nnerwear and infants’ wear; $1.75 quality; 10- *1 QQ yard bolt .f WHITE OUTING FLANNEL— Double ieeced (we reserve the right to limit 1 J. quantity) I*C DAVENPORT PADS—Standard else; 20-pound weight; all cotton felt filling; Oil no while 5 last BABY BLANKETS —White with Sink or blue strip# OQ_ orders; pair ABSORBENT CHEESECLOTH —Yard wide; put up in sanitary package (limit ' 10-yard bolt to cu*tomer) OJC

Women’s Pure Silk Hose S 69c ; (Three Pairs, $2.00) Fine gauge, dipped dye, seamless foot, fully reinforced, wide lisle garter hem. Black. All sizes. SI.OO quality (3 pairs, $2.00), pair, 89C-

IN AISLE EIGHT

Children’s Three-Quarter Length English Ribbed Roll Top Socks, 12y 2 c Seamless, fully reinforced, mercerized lisle and fine cotton; black, cordovan and colora. also heather combinations. All sizes. Strictly first quality, extra special, 12V2C

NOTIONS PEARL BUTTONS Assorted sixes, 5c and 10c qualities Doxen, Jt KLEINERT’S RUBBER TEA APRON—9Bc CfL. quality HAIRPINS— BIack and ll). bronze: 5c quality.3 far IVL RICK-RACK— Variegated. 06. 10c quality 3 yards, fcUl. MOTHPROOF CFDAR Q_ BAGS KLEINEBT*S SANITARY BLOOMERS—SI.3f 7Cqualltv * JL. DRESSMAKERS’ PINS %-lb. box : 29c 1 Qquality tUv BELT PIN BOOKS—Assorted sixes ; 15c 1 8. quality IUC DRESS SHIELDS Japanese silk, sixes 2 and 4| up CA. to 90c qualities OUC DARNING COTTON—BIack and white, 5c 1 A. quality 3 for IUC MEN’S BUSTER BROWN WHITE SILK SOCKS— Pure silk, with lisle band top, fuliy reinforced. Sixes 10, 10%. 11%; OQ_ 65c quality ijC (Twenty) SPORTS COATS POR MEN—Rib stitch, close fitting, medium light weight, tan, brown, heather. Belted models with two pockets. Button front. While they or last; SO.OO quality fO-OJ MEN’S "DARNLESS” WHITE MERCERIZED LISLE SOCKS—3Sc 17 quality, pair IIC MEN’S PURE SILK KNITTED TIES—The wanted flat knit, open-end style; good assortment of neat and novelty stripe patterns; 70/* up to $1.60 quality I *7C WEAR-EVER PRACTICE OOLF balls—New r stock; special, each 0 C

THE BASEMENT STORE

Wool Slip-ons for Women New weaves and fiQ—colors Muslin Underwear, Worth Up to 60c Gowns, envelopes, etc., for women: com- oa blhations and drawers for little f01k5.... Apron Dresses Percales, trimmed, many colors. /ja Limit 0 to a customer *n~x**~ ...OifC Brassieres, Bandeaux SI.OO and $1.50, Nemo. Size* 84, 36 OA and 38 While 200 last

CUSHION PILLOWS —Cretonne coverings, assortment of patterns .(while they >7_ last) ... CIC MOSQUITO NETTING Best quality; 8-yard QQ„ bolt ®OC STRAW TICKING wide, blue stripes (limit 10 yards to cus- | r tomer) ..' lOC AWNING DUCK wide; blue or brown oe stripes; 48c quality 00C FAST COLOR APRON CHECK GINGHAMS blue checks; 1 *>l/ _ 17c quality IC/2C DRESS GINGHAMS—27 Inches wide: checks, plaids and plain colors; 25c quality i IC FANCY CRETONNES Range of patterns and colors, suitable for draperies, furniture slips, etc.; up to 25c 1C qualities IDC CURTAIN SCRIMS—Yard wide; double open work borders, tape edge; white, 1 a cream, ecru; 19c quality.. iUC 'CURTAIN SCRIMS White ground, with yellow, pink, lavender and black dots (limit 15 yards to cus- 7 tomer) I C

MEN’S PARIS SINOLE-GRIP GARTERS —Lisle elastic, assorted colors (limit one pair

to customer); $ C _ 25c quality IDC WOMEN’S UNION SUITS—Lew neck, sleeveless, band top, built-up shoulder strap, tight knee; bodice top, tight and shell knee; also envelope chemise sryle; up to 85c qualities JjC WOMEN’S ATHLETIC UNION SUlTS—Broken size range of fine checked nainsook: slip-on and button front models, bodice top, ribbon shoulder strap, flesh and white; 59c ACand 79c qualities ~4*)C 1 WOMEN’S G!OTE\ SILK BLOOMERS \ AND VESTS—Soiled J and mussed gar -I ments; heavy quality# silk f Up to \ #3.85 VEST B—Bodice top, \Quallties ribbon shoulder/ Each, strap, cut extra full,/ plain and fancy drop! #$ Crt stitch; flesh, orchid,! sky and peach BLOOMERS Knee] length, elastic knee, / fully reinforced YEBTEES—Of madras.X linen, novelty ma-\ terlals; Peter Pan j and Tuxedo collar I styles; some have/ Up to cuffs . A , .( I*-® O , x \ Qualities COLLARS AND COI^/ LAR AND CUFF Off.. SETS—Of eyelet em-\ AuJL broidery, organdy. I linen, madras, net 1 and lace; Tuxedo, I Peter Pan and round I neck effects *..../

MEN’S FURNISHINGS MEN'S SHIRTS—CoIIar attached and neckband styles. Good assortment of patterns. Some are Bllghtly soiled ftr mussed from display. Sizes to 17. While limited supply lasts, rn $1.16 quality DtlC MEN’S LISLE WEB < SUSPENDERS—Matched leathag ends; neat light and dark qq . patterns; 55e quality OjC JIFFY JUMPERS—Of khaki twill cloth, very practical for tourists; SI.OO quality, sr special 4DC ME>"S BLUE rn AMBRAT WORK SHIRTS—CoIIar attached, double yoke, faced sleeves. Sizes 15 to MEN'S HOSE Reinforced toes and heels; black, cordovan, gray and white. Sizes 9V4 to llljj; 25c quality, MEN'S ATHLETIC UNION SUITS—Of pin check and cross barred nainsook; sleeveless and knee length; sizes EC 86 to 44. Each DDC HOSIERY SPECIALS WOMEN'S PURE THREAD SILK HOSE —Fully reinforced; fashhaned legs; black, cordovan and white. Sizes 8 1 i to rr 9 ] ij: SI.OO quality.. DDC WOMEN’S HOSE—Fully reinforced ; black, cordovan and white; irregulars of 35c a a quality; special, pair iUC CHILDREN'S STOCKlNGS—Reinforced : black, cordovan and white; sizes 6 to 9H; lr- i 01/ - regulars f 25c quality. XL /2C

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