Indianapolis Times, Volume 35, Number 51, Indianapolis, Marion County, 10 July 1923 — Page 11

TUESDAY, JULY 10, 1923

MARKET DISPLAYS {MESS DESPITE ' SLIGHT REACTION rs**-*~ v Some Commission Houses • List 'Bargains’ for Clients —Others Cautious, The WALL STREET JOURNAL NEW YORK, July 10—The stock market was fairly active with prices slightly lower at the opening today, an exception to the rule having been found in Atchison, which was up % while New York Central recorded a gain of %. Sentiment in commission houses assumed a cautious attitude, recommending that the market be watched for signs of a reaction while some houses compiled lists of dividend payers which they said should be bought for investment around present levels. First Hour The market turned irregular shortly after the opening with many stocks giving ground, but the pressure was not heavy although sentiment was adversely affected by the unexpected reduction of 25c a barrel in the price of Penna crude. Oils naturally gave ground more readily than others, but stocks appeared to be well taken on '~#<k offerings and the recession did not far as the general list was around the opening level by 11 o’clock. Second Hour ' The market was dull as the trading went into the second hour with many stocks at prices representing complete recovery from the moderate reaction of the previous hour. Rails as a class were firmer than Industrials, being helped materially by the three-point advance in Delaware & Hudson and the rather unusual -situation of this rail stock loaning at a premium. Washington advices declared no immediate raise in the Federal Reserve rediscount rates was contemplated. Noon Hour Trading quickened shortly after ’ noon and stocks reacted fractionally . following publication of the Steel Corporation’s report showing a decline of nearly 600,000 tons in unfilled orders. There was no sharp break, nor were offerings very heavy. Considering the rally which the market has Jiad from the lows of last week and the unsettled character of the foreign situation, bankers expressed the opinion that stocks were -holding well. • * Fourth Hour Trading was dull and prics changes small in the early afternoon, despite rather open selling by one of the bears, who centered his activities on Studebaker, American Can bad American Locomotive. Except the latter, which was oft about a he had little success. There -were developments during the day which favored rails, notably the estimates for good’ crops next fall and the gain of a billion dollars in their valuation over 1922. Twenty activw industrial stocks on Monday' averaged 89.26. off .15 per cent. Twenty active rails averaged 78.72, up .02 per cent. Local Bank Clearings Indianapolis bank clearings Tuesday -irere $5,376,000; bank debits were $6,676 • 000. New York Money Market United Financial NEW YORK. July 10.—Commercial paper: Prime names. 5 per cent; others. 514 per cent: undertone firmer. Time money qUiet. Brokers bid 5 per cent, banks ask 5% per cent for all maturities. Loans arranged at 514 per cent. Foreign Exchange - sh / United Financial SEW YORK. July 10.—Foreign exchange opened irregular: Sterling, demand. $4.57: -rabies. $4.57*4 Francs, demand. 5.87*-c. cables. 5.88 c. Lire, demand. 4.26 c: cables. "4-.>20%c. Belsians. demand 4.87 %c; cables. 4.SBe. Marks. 266.006 to dollar. Chiech, demand. 3.01 %r- cables. 3.020 Swiss, demand. 17.19 c cables, 17.21 e. Guilders, demand. 30.12 c; cables. 39.15 c. Pesetas, demand. 14.40 c; cables. 14.42 c. Sweden, demand. 26.40 c; cables. 26.44 c. Norway, demand. 16.13 c: cables. 16.17 c. Denmark, demand. 17.37 c: cables. 17.41 c.

Produce Markets

INDIANAPOLIS. July 10.—Fresh T9e: packing- stock hutter, 25e: spring. 1 -it lbs.. 33c; fowls, straight, 18c; fowls, cocks. 9c; young tom turks, 23c: old tom turks. 18c; ducks. 5 lbs. up. 12c: gees*-, LQ lbs. up. 10c; squabs. 11 lbs. to do* , $5. Indianapolis creameries are paying 38c a lb. for butter fat. CHICAGO. July 10.—Butter—Receipts, 21.382: creamery extra. RBc; standards. 3714 c: firsts, 34Mr4i350: seconds 33fit34c. Eggs—Receipts. 19.308: ordinary firsts. 20>s@21c: firsts. 22 *ic. Cheese—Twins. 22 *4 c: young Americans, 22 *4 c. Poultry— Receipts. 3 c?rs: fowls. 19 623 c: dusks. 16 @2oe: geese. 12 618 c: turkeys. 20c: roosters, 12c: broilers ,28634 c. Potatoes —Receipts, 65 cars: sacked Oklahoma early Ohios, $2.506 2.75; Oklahoma Irish cobblers. 53; few best bliss triumphs. $2 50® 2.75: Virginia cobblers. S7; few. $6.75. NEW YORK. July 10.—Flour—Quiet, unchanged. Pork—Dull: mess, 525. Lard Easier: middle west 6pot. $11.40611.50. Sugar—Raw, weaker: centrifugal. 96 test 8.91 c: refined, weaker: granulated. 8.75® 9.00 c. Coffee—Rio. No. 7 on spot 116 11 %c: Santos No. 4. 13-14 614 c. Tallow —Quiet: special to extra. 6}so6%c: city. 6% 0 Ba. Dressed poultry—Quiet; turkeys 25 6 42c: chickens, 24630 c: fowls. 13® 20c: ducks. Long Island, 25c. Live poultry—Quiet: geese. 15c: ducks. 14@22c: fowls. 266 28c: turkeys, 20c: roosters. 14c: broilers, 32645 c. Cheese—Steady: state whole milk, common to specials. 186 26c: state, swims, common to specials, 8 617 He. Butter—Firm: receipts. 17.885: creamery extra. 38c: special market. 38 H 6 39c: state dairy tubs. 33@37He. Eggs—Steady: receipts. 33,603: nearby whites, fancy. 45c: nearby state whites. 28 6 43c: fresh firsts to extras. 24H 633 c: Pacific coast, 33640 c: western white. 26 6 43c; nearby browns 34641 c. % Cloverseed Market Local mills are paying -,90c for new No. " -■'red wheat. WOULD CHANGE MEMORIAL Comity Commissioners Advise More Space. resolution urging that the MemorCommission of Indiana “consider Carefully the advisability of a revision of -the general design of the State war memorial” to provide space for =-the State library and museum was adopted today by the board of county 'commissioners. # The resolution is similar to one re eently adopted by the city council. Present .apace for the library and museum is held inadequate by the reaoolutlon.

New York Stocks (By Thomson & McKinnon) —July 10—

Railroads— " Prev. High. Low. 145 close. Atchison ... 99% 99% 99% 99 B 4 O 46% 45*4 45% 46% Can Pacific .140 146% 146 145% C&N WRy 70% ... 70% 71 C R I 4 P.. 24% 24 24% 24% Del 4 Hudsn.lo3% 100 102% 100% Mo Pae pfd. 31% ... 30 31% N Y Central. 97% 97 97% 97% NY NH 4 H 12% 11% 12 11% North Pac.. 66% 66 66% 67% Pennsy 43 % ... 43 % 43 % Reading .... 70% ... 70% 71% So Pacific.. 86 ... 86 86% St Paul pfd .32% 31% 32% 32% St L 4 SW. . 28% ... 28% 29% Union Pac ..129% ... 129% 130 Kelly-Spg. . 33% 33 33% U. S. Rubber 42% .... 41% 41% Equipments— A. Loc (new) 66 % 65 % 65 % .... Bald. Loco.. 118% 117% 118% 118% Gen. Elec... 173% 173% 175% Lima Loco.. 01% 60% 60% 62 West. Elec.. 65 54% 54% Steels— Bethlehem... 45 44% 45 45% Crucible .... 05 63% 04% 64% Gulf States.. 71% 70% 70% 71% R. Iron &S. 43% 42% 42% 43 U. S Steel. 91% 90% 91 91% Vanadium . . 28 % .... 28 % 28 % Motors— Chandler M. 50% 49% 50 51 Gen. Motors. 13% 13% 13% Max. M. (A) 39 38% 39% Max Mot 8.. 12% 12% 12% 12® Studebaker .102% 101 101% 102% Stew-Warner. 79. 78% 78% 79% Timken 37 30% 36% 36% Oils— Cosden 39% 38% 38% 39% Marl and 38% 37% 37% 38% Pan-Am Pete 60 59 % 69 % 60 %

WHEAT DROPS TO NEWLOW FIGURE Rush to Sell Causes Prices to Break Sharply—Corn Down, By United Financial : CHICAGO, July 10. —Led by wheat, which diped sharply to slightly above SI. prices for alj grains closed lower i on the Chicago Board of Trade today. ! Wheat touched new low figures on j the present crop as bearish news ac- | cumulated from all sources and a rush ! to sell was on in all quarters of the market. Northwestern interests on ; reports of black rust, dumped their holdings at a sacrifice toward the close. Despite the tight situation in cash corn, prices slumped off in sympathy with the weakening wheat trade. Weather reports were favorable and added to the beraish tone in the pit. Oats dropped their early independent strength and prices hit the down turn along with wheat and corn. Provisions, already weak because of the hog situation, dropped lower in t sympathy with grains. Chicago Grain Table —July 10— WHEAT— Prev. Open. High. Low. Close, close. July. 1.02% 1.03% 1.00% 1.00% 1.03% Sept. 1.03 1.03% 1.00 1.00% 1.03% Dec.. 1.05% 105% 103 1.03 1 06% COORX— July. .82% 83% .82% .82% .83 Sept. .76% 77% .75% .76 .70% Dec.. 63% .03 % .62% .62% .03% OATS— July. .39% 39% .38% .38% .39% Sept. 35% .35% 34% 34% .35% Dec.. .37% 37% 30 .38% .37% LARD— July. 1099 1099 10 85 10 87 1097 Sept. 11.10 11.15 1105 11.10 11.17 RIBS— Sept. 9.20 920 917 917 9.22 RYE — July. .65% .65% .63% .63% .65% Sept. .67% .67% 85% .05% .67% 1 CHICAGO, July 10.—Primary receipts: Wheat. 614.000. against 909.000; corn. 512.000. against 1.024.000: oats. 616.000. against 574.000. Shipments: Wheat, 1.004.000. against 1,008,000; com. 403,000. against 553,000, oats. 559.000. against 431.000. CHICAGO. July 10—Car lot receipts: i Wheat. 49; cbm, 81; oats. 94, rye, 0: bar|ley. 3.

Cash Grain

INDIANAPOLIS. July 10.—Total receipts ior the day, 20 cars. Grain prices quoted f. o. b. basis. 41 He to Ne wYork. Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Through billed, steady; No. 2 red. $1.0161.03. Corn —Strong; No. 2 white. 82684 c: No. 3 white. 816 83c: No. 2 yellow. 81 @ 82Hc: No 3 yellow. 80H@82c; No. 2 mixed. 79@80H0: No. 3 mixed. 78@80e. Oats—Firm: No. 2 white, 38H 6 39c: No. 3 white. 386 38 He. Hay—Firm: No. 1 timothy. [email protected]: No. 2 timothy sl9 619.50: No. 1 light clover mixed, $18618.50; No. 1 clover hay. $17,506 16 —lnspections Com—No. 2 white. 3 cars: No. 3 whtie. 1 car; No. 2 yellow. 7 cars; No. 3 yellow, 2 cars. Total. 13 cars. Oats—No. 2 white. 3 cars: No. 3 white. 2 cars: No. 4 white, 2 cars* Total, 7 cars. CHICAGO, July 10.—Com—No. 1 yellow. fßc; No. 2. 97Hc: No. 1 mixed. 85@86Hc: No. 2, 856 86 He: No. 3. 84Hc: No. 2 white. 87 687 c. Oats—No. 3 white, 39U @4l He: No .4. 39 0 39%e: stanadrd, 36c. Barley—6s@BßHe;. Rye—67!ic. Timothy—ss.so 6 6.50. Clover—sls6l7. Local Hay Market Loose hay—521623; bales. 520622: heavy mixed. 95 6 97c: light mixed hay. 518 620a Corns—9s 6 97c. Oats—so 6 55c. Local Wagon Wheat Cloverseed was quoted 57 @lO a bu. in Indianapolis. -

Business News

NEW YORK. July 10.—Total sales of the big department stores In May, 1923. averaged 9 per cent more than they did in May. 1922. The outstanding feature of the department stores' present status is that not one of them*owes any money in bank loans. They rely entirely on their own resources to finance operations and take advantage of cash discounts on purchases. DETROIT—June shipments of Oldsmobilcs were 21 por cent ahead of June. 1922, and first six moflthg showed gain of 31 per cent. NEW YORK—Decrease of over 445,000 tons in June steel production from that, of May Is not abnormal In opinion of some steel manufacturer*. Shipments continued at good rate in June and most rrtiils have sufficient orders to keep going through the summer. July production will probably show further decrease as many plants will close temporarily for repairs and overhaultug. Prices of steel products continue firm at established rates. NEW YORK—The statement of United States Steel Corporation on unfilled tonnage for June shows decrease of 595,090. The unfilled tonnage on June 30 was 6.386.261 tons against 6.981.351 May 31. 7,288,859 April 30. 1923, and 5.635.531, June 30. 1922. THIEVES ON HIS TRAIL Battery Station Manager Victim of Two Bobberies. Orville Small, 920 N. Capitol Ave., manager of the H. and T. Battery Station. 2224 Crawfordaville road, told police today that while he was waiting on a customer in front of the station a thief took a cash box containing sll. The empty box was found behind the station. Small said a bicycle was stolen from the back porch of his home MonnlKhL

1:45 Prey. High Law n. m. close. Pan-A Pete B 56% 64% 55% 55% Phillips Pete 27% 26% 27 27% Pro and Rt f. . 35 % 34 % 34 % 35 % Pure Oil .. 18% 18% 18% \l9 St Oil of Cal 61 ... 60% 61% S Oil of N. J. 32 % 32% 32% 32% Sinclair ... 24 % 23 % 24 % Texas Cos. .. 42% . 42% 42% Minings— Int Nickel ... 12 % 12% 12% 12% Tex G and S 60 % ... 66 Vi 60 % Coppers— Amer Smelt. . 54 % ... 54 % 64 % Anaconda ... 39 % 39 % 39 % 40 KennecDtt . . 34 % 33 % 34 34 % Utah Copper.. 59. 68% 69% 69 Industrials— Allied Chem. 65% 65% 65% 66 Am. Can ... 88% 87% 88 88% Am. Woolen 83% 83 83% 84 Coca C01a... 77% .... 77% 77% Cont. Can... 40 44 % 45% 40% Earn. Players 72% 71% 72% {72% Inter. Harv.. 78% 78% 78% Mont. & W.. 21% 20% 20% Sears-R0e.... 71 .... 70 % 72 % U. S. In. Ale. 71 70% 47 Am. T. & T. 122% 101% 122 132% Consol. Gas.. 59% 59 59% 59% Col. Gas. new 32 % 31 % 32 % Shipping— Am. Int. Cor. 18% 18% 18% 18% Atl. Gulf 10% . . . r. 10 1C % In. M. M. pf. 23 22 23 Foods— Am. Sugar. . 65 64 68 Com Pr0d....117% 117% 118 Cub C. S. pf. 41% 41 41 42 Cub Am Sg.. 27 20% 20% 20% Punts Alegre 50% 50% 51% Tobaccos— To% Cos 142% 142% 142% 143% Tob. Prod... 79 79 79

HEAVINESS DOMINATES LATE TRADING ON CURB No Essential Weakness, However, Marks General Irregularity. By United Financial NEW YORK, July 10.—Heaviness was the dominating tone on the Curb market today with prices in the main irregular, but displaying no essential weakness. This wgs particularly true of the oil group which displayed no signs of undue nervousness over a cut in the prices of Pennsylvania crude though some of the issues were off a full point. The best performer of the day was Goodyear Tire which displayed optimism over good reports .of July Automobile production. There was a wide swing for a decline again in Gillette Safety Razor which has been erratic ever since its recent break in the face of good earnings reports. At 244 in the late trading it was down two from the previous close after picking up a point gain early in the day. It went as low as 243. INDICTED MAN RETURNED I Leon Peavy, Charged With Alcohol Theft, Brought Here. Leon A. Peavy, Lawrenceburg, Ind., who was indicted with William Frost, alias William Grimes, and James Bruce, alias William Bruce, charged witli theft of a barrel of,alcohol, an interstate shipment. Nov. 12, 1921, from Lawrenceburg Junction, was brought to Indianapolis today by Deputy U. S. Marshal Dowd from Grand Rapids, Mich. Peavy had assumed tho name of O’Brien, Dowd said. He said Peavy admitted the theft.

Marriage Licenses R G. Hunter. 19. 1310 Yandcs; Gertrude Smith. IS. 1310 Yandes W. D Gray. 22, 2822 School; Lena Moore, 18. 2822 S'-hool. George Reagan. 23. Hamilotn. Ohio: Clara Grose. 20. American Hotel. J. E Langeford. 21. 2*21 Highland PI.: Alice Baker. 16. 129 8 Harris Edward Simms.. 21. 1928 Alvold: Ruth Flippens, 21. 2434 Cornell. F. G Suhrc. 20. 2445 N. Pennsylvania; Lela Taylor. 17, Southport. Ind M. L. Brass 27. 147 Twenty-Second: Rose Horan, 23. 4 N. Dearborn F. O. Johnson. 34. 2831 College; Martha Northcutt. 33, 2831 College. C. L. Cameron. 21. 523 N. Noble: Beryl Cave, 18. 2748 Chester. H. A. Wright. 23, Pratt and Pennsylvania Sts ; Leoma Barker. 10 933 Broadway H. 7. Denraree. 21. 3719 Kenwood Mary Guyer. 20. 3202 Hoyey Robert Smith. 32. 421 N. Liberty: Mary Hill “a. 551 E. Court F. S. Bussell. 25. 2038 N. Olney; Marie Weimer. 21. 2849 N. Sherman Dr. Victor Jose, dwelling. 4326 Central, $12.009 Maude Carr, repairs. 2233 Parker. $450. Building Permits Henry Lewis, garage. 510 Dorman. S2OO Alonzo Drake, garage, 1050 Hosbrook, S3OO. Montroe W. Bailey, garage. 1048 Hosbrook, S3OO. IV. H. Holl. garag**. 1240 Windsor, $250. Julius Laube garage. 2315 Shelby. S2OO. Janies A Sprag. porch. 3301 N. Capitol, SI,OOO. James A. Sprag. reroof. 3301 N. Capitol. $750. Standard Building an 1 Wrecking Company. dwelling, 2226 Spann. $2,000 Standard Building and Wrecking Company. 5242 Brookville. $2,500. Standard Building and Wrecking Company, dwelling, 437 Spencer, $2,500. Lexington Hotel, remodel, 1116 N. Capitol. S9OO. Fannie Fisher, garage, 1008 Broadway. S7OO. Franklin Hooker, garage 520 N. Jefferson. S3OO. Alfred Ray, barn, 21 8. Sherman, $460. Charles E. Habig. garage, 1733 Union, S2OO J. G. Reinhart, reroof. 614 N. Hamilton, $2lB. Martin Rehfus, Jr., repairs, 220 8. Meridian. $307. Banner Furniture Company, .repair elevator. 33 S. Meridnai, S2OB J. McClintoek, building, 830 Edtson, SI,OOO. Empire Garage, elevator. Wabash and Delaware, $3,000. Bethel Temple Congregation, cellar. Thir-ty-Fourth and Ruckle, SSOO. City of Indianapolis school heard, elpvator. Sixteenth and Yandes, $3,000. Louis Grossman, elevator, 815 S. Delaware. $1,500. Indianapolis Gear Company. elevator. Liberty and Michigan. $4 000. Bulck Motor Car Company, elevator Meridian and Thirteenth. $4,000. George J. Mayer Company, elevator. Market and Liberty. $2,500. Lynn B. Millikan, elevator. N. Capitol. $3,000 One Piece Bi-focal Realty Company, elevator, 426 N. Capitol, SI,OOO. A. Wormser Company, elevator. 22 S Delaware. $2,600. 0 C. Mints, remodel, 2966 Northwestern. $206. S. G. Howard, dwelling, 3619 E. Robson, $3,500. In the Cotton Market By United Financial NEW YORK, July 10.—The raw sugar market opened lower. July, [email protected]: September, 5.01 @ 5.10 c: December. 4.46® 4.47 c. The first transaction in September was at s.lie and subsequent sales were made at 5.01. The previous close was 5.16 c. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift & Cos.: Ribs—No. 2,19 c; No. 3.16 c. Loins—No. 2,29 c: No. 3,25 c. Rounds— No. 2. 21e: No. 3.17 c. Chucks—No. 2. 11c; No. 3,9 c. Plates—No. 2, sc; No. 3,4 c. LICENSE TESTS GIVEN Four Women Seek to Practice Medicine. Four women and three graduates of foreign schools of medicine were among eighty who took examinations for license in the various branches of modicine, surgery and healing at the Statehouse today. Two of the applicants sought licenses in osteopathy, one in the eclectic branch and one for homeopathy. The State board of medical examination and registration was In oharu-a.

THE INDIANAPOLIS TIMES

PRICES FOR HDGS . DECLINEIS GENTS Liberal Local Receipts Cause Another Market Break, Hog Prices Day by DajJuly 250-300 lbs. 200-225 lbs. 150-180 lbs. 3. 7.50® 7.00 7.00® 7.70 7.70® 7.75 ST 7.75® 7.80 7.75® 7.80 7.80® 7.85 6. 8.00 8.00 8.00 7. 8.00 8.00 8.00 9. 7.50® 7.55 7.55® 7.00 7.60® 7.05 10. 7.40® 7.45 7.45® 7.50 7.50® 7.65 Prices for hogs were generally loc !">wer than on Monday in trading at the local livestock exchange today, the decrease having been attributed to large local receipts totaling 14,(100. inclusive of Monday's holdovers numbering 907. The bulk of the trading was done (it $7.45 and $7.50, though a few heavy hogs sold down to $1.40 while a few selected lights sold up to $7.65. A fair amount of shipping orders was in evidence and early trading showed considerable activity. Sews and pigs were generally steady with Monday's quotations, sows selling down from $6.75, but generally down from $6.50, while pigs sold down from $7.25 but generally at $7. The cattle market was unusually active at prices that were regarded as the best for many days. Choice stock found a ready market, steers selling down from $11.25, the year’s best carload price, and heifers down from $10.25. Thq medium and mixed grades, however, were not so good, Receipts, 1,200. Prices for calves advanced 50c to a top of $12.50, with a few odd veals bringing sl3, while the bulk, moved from $11.50 to $12.50. Receipts. 1,000. The sheep and lamb market was quotabiy steady, 50c@$l lower, as sheep sold steady at $6 down, while lambs broke sharply at sl4 down. Receipts, 1,000. —Hoi—--150 to 200 lbs $ 7 60® 7.56 Medium 7.45® 7.50 Heavy 7 40® 7.4.> Top Pi?s 6 7 ..,, 7"5 Packing sows 6.00® 0.75 ■ --Cattle- * Few choice steers ....... . SIO.OO ® 11.25 Prime corn-fed steers. 1.000 to 1,30(4 lbs 9.00® 9.50 Good to choice steers. 1,000 to 1.100 lbs 8.50® 9.00 Good to choice steers. 1,000 to 1,200 lbs 800® 8.50 Good to choice steers, 1,000 to 1,700 lbs 7.50® 8.00 Common to medium steers 800 to 1.000 lbs 7.25® 7.50 —Cows end Helfera— „ Choice light heifers $ 8.60®t(^25 Uood light heifers . ....... 7.00® 8.75 Medium heifers 600® 7.2.> Common heifers 6.00® 0,00 Fair cows m* 4.00® ->OO Cutters 2.75® 3.25 Conner* 2.25® 2.00 —Hulls— Fancy butcher bulls 5 3 60® 600 Good to choice butcher bulls 6.00® 550 Bologna bulls -• • 3.75® 4.50 Calves—Choice veals 11 50® 12 50 Good veals 10.00® 11.00 Medium veals ... 8 00® 9.00 Lightweight veals ......... 7.60® 8.00 Heavyweight veals 7.00® 7.50 Common tuaviea .►• o.oo® 7.00 Top 12 60 —Sheep npil Lambs— Culls 5 2 25® 325 Good to choice ewes 3 00® 6.00 Few choice lambs 13.00® 14.00 Heavy lambs 11.00 Si 13.00 Cull lambs 8 00® 10.00 Other Livestock

Bu United Financial CHICAGO. July 10—nogs—Receipts 39,000: market 1015 c lower top. $7 55; bulk. [email protected]: heavyweight. $0,506 7.50. light. *6.656 7.55: light lights. *0.60 @7 45. heavy packing, smooth, $5,906 0.40; packing new*, rourh. $5 5006; killing pigs. $0.25@ 7, Cattle—Rs-'-etpts. 10,000; market for beef steers steady to 16c lower early top matured steer*. sll 50; hulk heef steer* and yearlings, $8.60® 10.60: she stoek and bulls stronger to higher; other classes generally steady, bulk vr-aler-*, $11.50013 to packers; bulk bolognas, $4.90® 6.28. Sheep—Receipts. 22,000: market slow, few early sales; fat lambs unevenly lowea-; desirable native# around 25c lower; bulk. $146 14.50; culls, [email protected]; fat ewes. $4.500060. KANSAS CITY. July 10.—Hogs—Receipts. 12.000; market, dull: few sale# and most bids by shipper* around 13c lower; $7.15 paid for medium weight butcher*: trader top. $7.25; packer* holding back, packing sows, steady: bulk. 3608: stock pigs, steady, bulk, $6 2500 50. Cattle — Receipts. 12.000; calves. 2.000; better grade beef steer# and yearlings. strong; other ( lasses steers, steady /to 10c lower beat sho stock around ateady; bqlls and calves, strong: desirable stackers ahd feeders. steady; yearlings $1076; steer#, $10.75: flood cows $5.2506.50; bulk vestals. $8.50 <39.50. Sheep—Receipts. 10,000; openinf sales. 50c lower; natives, sl4: top. $13.75 early. CLEVELAND, July 10.—Hogs—Receipt*. 1,500: market steady, higher: Yorkers. $8.10; mixed. $8; medium. SB. pigs, $7.25; roughs. $5.50: stags. $4. Cattle—Receipts. 159: market steady: good to choice bulls. $6.5006.50; good to choice Bteers. $0.50® 10.50: good to choice heifers. $7.5008.50; good to choice cows. $5.50 0 6.50; fair to good cows. $3.5004.50; common cows. $2.50@ 3.60: milkers. $35075 Sheep and lambs —Receipts. 300; market steady; top, sls. Calves—Receipts, 260; market steady; top. sl4. EAST BUFFALO, July 10.—Cattle—Receipts. 276; shipping steer*. $lO 011.25: butcher grades, $809; cows, $2.2506. Calves—Receipts. 326; market slow. 600 lower; culls to choice, $3.50013.60. Sheep and lamb#—Receipts. 1,000; market active and steady: choice lambs, sls 016: cull to choice $9 014 50; yearlings. $7 0 13: sheep. $3 0 8.50. Hogs—Receipts. 4 000; market heavy; Yorkers, $8 0 8.40: pigs $8; mixed. $8.1508.25; heavies. $7.2508; rough, $505.75; stags. $3.6004. EAST ST. LOUIS. July 10.—Cattle—Receipts 7.000; market, slow: native beef Steers.' $7.5000.90: cows. $4.7506: Conner# and cutters, $2 0 3.60: calves, sllO 11 50; Stockers and feeders. $0.60. Hogs— Receipts. 20,000; market. 10c to 15c lower; heavy, $0.75 0 7.30; medium. $7.1007.40; lights. $7 0 7.45; light lights, $0.6007.40: packing sows, $5.4005,75: pigs, 8307.16.bulk. $7.2507.40. Sheep—Receipts. 8,000; market. 50c to $1 lower; ewe#. S3O 6; eanffers and cutters. $lO 3; wool lambs. sl2.2*> @14.25. PITTSBURGH, July 10.—Cattle —Receipts light; market steady; choice, $lO 60011; good, $9.59010.25; fair. [email protected]; veal calves. $12.50013. Sheep and lambs—Receipts light: market steady; prime wethers. *8.5007: good. $6.5007; fair mixed. $5.25 00; lambs, sllOl2. Hogs—Receipts, 12 double-decks; market lower; prime heavy. $7.7007.75; mediums. $8.2508.30: heavy Yorkers $8.25 0 8.30; light Yorkers, $7.76 08; pigs, $7.5007.76; roughs, [email protected]; stags, $2.50 03. / CINCINNATI, July 10.—Cattle —Receipts, 350; market, steady; shippers, $9 010. Calves—Market, steady: extras, slo®l2.i>o. Hogs—Receipts. 3.600: market. 15025 c lower: good or choice packers. $7.60. Sheep —Receipts. 2.900: market, steady; extras, S4O 6. Lambs—Market, steady to strong; fair to good. $15015.50. FIFTf CHICAGO BROKERS CLOSE DOORS AND FLEE Grand Jury Probe of “Bucket Shop" Is Cause of Migration. By Ignited Prctt CHICAGO, July 10. —More than fifty Chicago brokerage houses have closed and their proprietors fled from the State since a grand jury investigation of “bucket shops” began. Assistant State’s Attorney Robert McMillan, in charge of the probe, said the brokers closed rather than allow their methods be delved Into. The houses closed did business of $50,000.000 annually. Raw Sugar Market By United Financial , ,IV YORK, July 10.—Cotton m*rket opsried lower. July, 26.80; October, 23.49. off 2; December, 23.00, off 3; January,

ANGOLA PROTESTS RATES Indiana Utilities Company Named in Petition, Charges that the Indiana Utilities Company, operating in northeastern Indiana, refused to supply water to consumers Jn A.ngola and that electricity are excessive are made in a petition fijqd today with the public service commission by the city of Angola. Water consumers have been obliged to,.gbtain water from their own wells sintje the commission issued a rate ordm: effective May 31, 1921, the petitioners declare. FEDERALAGENTS PROBE RUM RING IN ALLEN COUNTY Officials Hold Warrants for More Than 100 Alleged Violators. By United Pretw FT. WAYNE, Ind., July 10.—Developments in the intensive Federal probe into liquor law violations, revealed today a wide-spread traffic in whisky and beer in Ft. Wayne and Allen Counties. Federal agents held more than 100 warrants for arrest of local persons. A booze clean-up of unrivaled scope, is expectedConfessions made by a number of bootleggers and still operators already arrested show that a system of manufacture, distribution and sale has been in progress many months. Dry law violators already in the tolls told of having regularly supplied local soft drink parlors and other concerns with large supplies. Bernard A. Moran, head of the B. A. Moran Ice Company, was taken .Into custody Monday following a raid by the Federal officers on the company's plant. A quantity of beer was found. Officers also visited the home of Ollie Miller, where, they stated, a completely equipped small brewery was found. Miller, formerly brewmaster at the Berghoff brewery, was taken into custody. Both men are held {lending Federal investigation. They were refused liberty on bond. Moran claims the beer In the ice house had been placed there for a friend "to cool It for a party." Two 100-gallon vats were found in the basement of the Miller residence.

COUNTY FINISHES PLAZA PURCHASE Democratic Club Property Bought for $99,000. County commissioners today announced the Democratic Realty Company, owner of the Democratic Club, 22 E. Vermont St., have accepted an offer of $99,000 for the property. The agreement finishes negotiations by the county to purchase the block north of University Park for the State War Memorial plaza. Under the agreement, commissioners said, the club will occupy the place rent free until the commissioners want it. The county will pay the taxes. Commissioners said they had rented the Delano-Cambridge apartments to the former owners. Delano Cambridge Realty Company, controlled by the E. G. Spink interests, for $3,200 a year until the property is wanted so rthe memorial. BUILDING FIRM FORMED New Company Has Headquarters at 148 N. Delaware St. Articles of incorporation were filed today by the Columbia Building Company, with headquarters at 148 N. Delaware St. ' Capital is SIO,OOO. E. W. Schofield, Paul V. Matkln and M. A. Hoffman are incorporators. The company pains to develop city property and later to extend its activities to other parts of the State. Hidden Money Disappears Mrs. Mary Roy, colored, 2144 Hovey St., hid $7 in a closet. When she looked for it the money was gone. Police are hunting it.

FROM FAR AND NEAR

Wesley McLaren Hague, United States naval officer, gave the Rev. George Lyman Paine, Boston pastor, a severe beating Tuesday for an alleged Insult to the former’s wife. The pastor admitted he gave the wife a "paternal” kls. The Great Falls (Mont.) Saving and Trust Company closed Its doors Monday morning when It was unable to liquidate its losses on the DempseyGibbons fight. John Burke, former treasurer of United States, Monday blamed failure of his New York brokerage firm on speculation of his partner, Louis M. Kardos. Thirty policemen wepe injured, and as many civilianas, in a riot In Vienna streets Monday night between nationalists and workmen. • .. H. Umberger, head of Kansas State Agricultural College, has advised sixty farmers to feed their wheat to hogs because of low market price. Jugoslavia and Roumanla signed a defensive military treaty Monday supporting the Trianon treaty of Paris and reinforcing the little entente. Women social workers in England arc urging radical changes in the marriage laws, including elimination of the woman’s promise to obey. Agricultural relations committee of Illinois Bankers' Association in aeaskm at Chicago. Monday .'report farm-

PASSENGERS ON LEVIATHAN DRINK BOOZEINCABINS American Ship Becomes ‘Partly Wet' Before Maiden Run Is Over. ABOARD THE S. S. LEVIATHAN. APPROACHING CHERBOURG, July 10 (By Wireless). —The Leviathan on the eve of completing her “maiden run” as a passenger liner tender the American flag, went “partly wet” a few hundred miles off the, coast of France. Anew rule permitting consumption of liquor in the cabins and restaurants of the big liner, but with service of the same by any of the ship's crew prohibited, was announced a few hours before the Leviathan nosed into Cherbourg. A number of passengers are taking advantage of the rule, while others brought their own liquor to the dining tables and consumed it without interference. "WITHIN THE LAW” Officials Say Booze Is I/CgaJ Outside Three-Mile Zone. By United Krets WASHINGTON, 'July 10. The permission granted passengers on board the Leviathan to drink their own liquor is entirely within the law, officials said today. It was pointed out the decision of the United States Supreme Court on this question, over-ruled the opinion of Attorney General Daughery and held American ships could have and dispense liquor outside the three-mile limit.

C. OF C. HEADS TO. DISCUSS PETITION ON WATER RATES Joint Meeting to Prepare for Fight Set for Thursday Morning. A Joint meeting of the executive committee and the board of directors of the Chamber of Commerce will be held at 11:45 a. m. Thursday to go over details of the fight against the Indianapolis Water Company's petition for rate increase. John B. Reynolds, general secretary, announced today. Officials of the organization were silent as to probable action, following a meeting of the executive committee Monday. Edward O. Snethon. president of the Federation of Community Clubs, said each club affiliated with the federaion will be asked to send ten delegates to the hearing before the public service commission, July 18. Letters will be sent out asking clubs to hold special meetings to take action. The Capitol Blvd. and North Park Civic league will (jold a meeting to discuss the water situation Saturday night at School No. 36. Twenty-Eighth St. and Capitol Ave. Taylor E. Gron inger, city corporation counsel; Clarence E. Weir, Sumner Clancy and E. O. Snethen will attend. Weir, president of the College Avenue Civic Association, will hold a meeting at his home, 2428 Broadway, Thursday night. Iksgal representa tives of the federation will discuss the rate question. NO MONEY IS AVAILABLE Efforts to arrange some legal method to pay $30,000 for work done on new buildings at Julietta, county insane hospital by George A. Weaver & Son, contractors, were being made today by county officials. The contract was let without an appropriation by the county council. New Teachers Plentiful More applicants for teachers licenses than ever before took the teachers examinations in July in the ninetytwo counties, according to Robert K. Devericks, head of the license division at the State department of public instruction. Manuscripts total 6,464.

era are suffering from too much credit, instead of a lack of credit. Triplets born to a London woman stopped traffic In a busy street when they were placed on exhibition in a shop window. Earnest Judet. 80. French editor, was acquitted of treason and conspiracy with the Germans by a Paris jury Monday. Cincinnati railroad terminal development company has started a move for increased terminal facilities in that city to cost $50,000,000. Ruth Randall was held by Kansas City authorities today when she attempted to smuggle hack saws to her bandit sweetheart, James Ingram, in county jail. “ Selection of a jury to try George Barkwell, alleged member of a mob which lunched Jamas T. Scott, negro at Columbia, Mo., continues today. Judgment of SIOO,OOO against Madam Katherine Tingley, theosophist, in favor of Irene M. Mohn for alienation of affections of latter’s husband, was upheld Monday by higher court at San Francisco. Some German movie stars are threatening to quit unless they are paid $lO per day. Motor cars and trucks registered in U. S. July 1 totaled 13.048,128, a gain es 2.440.000 over Ji.lv 1. 1922

THE Vm. H. BLOCK CO. Hart Srhaffner & Marx, Guaranteed Clothes for Men, Young Men and Boys (8 to 18)

fgjjjg THE BASEMENT STORE^gggjep SALE Women s and Misses ’ Bungalow Aprons 59c Made of good quality percale. Hick-rack trimmed, large sash ties and pockets. Several styles to choose from. quality for only 59^.

Sale —Women’s and Misses’ T ailored SUITS $14*98 A limited number taken from our S4O, SSO and S6O Suits of Poiret Twill and Novelty Fabrics. Very special at $14.98.

Special Sale Sweaters Sizes for Women and Misses 69c knitted of all-wool yarns. Slip-over style with lonp sleeves. Navy, black and buff.

SHIRTS for Men Good s'! .15 Values at = Just received a shipment of all new patterns of fine count percales. Collar attached and neckband styles. Tan, gray, white and plenty of neat checks and stripes. Fast colors. All sizes, 13% to 17. MEN’S WASHABLE FOUR-IN-HAND TlES—Reversible, assortment of patterns; 25c quality J n (3 for 50c) A . 1 I C MEN’S MERCERIZED LISLE HOSE—Fully reinforced; black, gray, brown, white, champagne; sizes 9% | n to 11%; seconds of 35c quality (3 pairs, 50c) 1/C

Wednesday Specials in Beddings —Domestics FEATHER PILLOWS —17x24 inches. Filled with new screened feathers; attractive art tick PA coverings. SI.OO quality, each . ... UjC

DAVENPORT PADSStandard size; 20-lb. weight; all cotton layer felt filling; attractive coverings. SB.OO quality, special $5.95 MATTRESSES “Neverstretch” constructed, felted cofiton filling; built up in layers, will not lump or stretch; standard size, 50-pound weight, (CICQC SIS.OO quality *pl D.VO WHITE OUTING FLANNEL heavily fleced. | r 19c quality ....... 1 JC

MERCERIZED BLACK SATEEN —Suitable for bloomers, aprons, etc (No phone orders). *)*)*• Extra special ... LuC

Fur Chokers Up to $6.00 Quality $ J .98 Fur scarfs in animal shape, with paws and tails. "While a‘limited supply last. Very special at $1.1)8.

MATTRESSES —Standard size; all cotton felt filling; 45-lb. weight; good serviceable coverings In blue and tan, $14.00 quality, qq special pf*7*7O MATTRESSES —Standard size. 45Tb. weight; filled with cotton felt, built up In layers; coverings in blue, tan or gray; rolled edge; sls <bt $ /\r quality UNBLEACHED SHEETS —Mohawk brand— Size v *>C 72x90 Size <£i or 81x90 iH.JD

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