Indianapolis Times, Volume 35, Number 52, Indianapolis, Marion County, 11 July 1923 — Page 11

WEDNESDAY, JULY 11, 1923

STOCK EXCHANGE ►TRADE DULL WITH CHANGES SLIGHT | Early Dealings Are Active, But Prices Are Somewhat Lower, OILS MODERATELY ACTIVE Offerings Are Well Absorbed at Lower Levels —Exchanges Stronger. The WALL STREET JOURNAL NEW YORK, July 11.—Opening prices on the Stock Exchange today were lower, with trading on a more active scale, but price changes, though downward, were fractional for the most part. Both Steel common and American Can lost a half point on the initial transaction. Overnight developments were largely favorable, including reports of car loadings. A of 10 cents' in Corning Crude Biould have been made Tuesday and *ad little effect. Foreign exchange opened higher, adding a better tinge to the foreign situation. First Hour Resistance was offered to the selling pressure as the market progressed and offerings were well absorbed. By the end of the first hour most of the leading issues had recovered and were at approximately Tuesday’s closing levels. The volume of trading slackened after the first half hour and by 11 o’clock the market was extremely dull. Steel common got above 90 after selling at 89*4, but was still below its opening level. Second Hour Dullness continued to prevail in the second hour. Some selling which could not be dignified by terming it activity, put stocks down slightly and on an even smaller turn-over they had recovered by noon. Commission houses had Jtew customers. Floor traders who nave made up a large part of the volume in recent days were inactive. Offerings of stock found bids on the way down and when the selling was expended stocks recovered easily.

Noon Hour The market continued dull during noon trading with changes in the general list confined largely to fractional decreases. While the volume of trading was greater than on Tuesday, it did not reach the proportions last week’s selling. Stocks, however, gave ground slowly with coppers holding within a fraction of the previous close, helped by the trade situation and the fact that total stocks above ground are less than a .month's supply. Fourth Hour What little trading was done in the early afternoon found its origin In bear movement, this resulting in the shading by the reactionary wheat market. Foreign news still lacked an official statement, but reviews of the situation took & rather hopeful attitude. Woolworth was offered down to 225. nearly five points under Tuesday’s close as the reflex of the declaration of only the regular $2 quarterly dividend. * Closing Hour The dullness that had characterized the whole day's market continued throughout the last hour and up until the gong sounded, but no real selling developed, despite the weakness of wheat on the Chicago Board of Trade. Fractional changes in the list were confined to losses almost entirely, yet the market came to a close with most of the leading issues only slightly under Tuesday’s closing figures. Twenty active industrial stocks on Tuesday averaged 88.44, off .82 per cent. Twenty t active rails averaged 78.38, off .34 per cent. Local Bank Clearings Indianapolis bank clearing's Wednesday were 54.360.000; bank debits were $7,311, 000. | New York Money Market United Financial NEW YORK. July 11.—Time money 5 per cent bid. 5% offered. Loans arranged at 5 H per cent Commercial paper prime names 5 per cent; other names 5Vi per cent. Foreign Exchange Bv United Financial NEW YORK. July 11—Foreign exchange opened firm: Sterling; demand. $4.58 11-16; cables. $4.58 15-16 Francs. 5.96 He: cables. 6.97 c. Lire, demand. 4.34 c; cables. 4.35 c. Belgian, demand. 4.99 %c; cables. 5.00 c. Marks, 250.000 to the dolar. Czecho, demand. 3.02 c; cables. 3.0,%c; Swiss, demand. 17.38 c: cables. 17.40. Guilders, demand, 39.05 c: cables. 39.09 c. Pesetas, demand. 14.45 c; cables'. 14 47c. Sweden, demand. 26 42c- cables. 26.46 c. Norway, demand. 16.20 c: cables. 16.24 c. Denmark, demand, 17.35 c; cables. 17.39 c.

Business News

NEW TORE. July 11.—Piggly Wiggly Store* are expected soon to open a variety store In New York City. These stores, or which the company now has eight in operation in different sections of the country, carry novelties retailing at from 9 to 49 cents. NEW YORK—Schulte Retail Stores Corporation reports sales of 813,422,048 for six months ended June 30. compared with $10,759,826 for corresponding period in 1922. an increase of $2,662,220. or approximately 25 per cent. WASHINGTON—A conference to consider changes proposed by the Liverpool Cotton Association in the universal sales in cotton has been scheduled for July 17 by the United States Department of Agriculture. It is expected that Bremen and Havre associations will be represented by representatives of Liverpool who have already sold in the United States. The Manchester association will also be represented. WASHINGTON—Shipments of locomotives from the principal manufacturing pants in June totaled 232. according to of Commerce figures. Two hundred and twenty-one were for domestic and eleven for foreign railroads. Raw Sugar Market By United Financial NEW YORK. July 11.—The raw sugar market opened irregular today: July. 4.80 c bid: September. 4.7704.78 c: December. 4.29® 4.30 c: March. [email protected]. The sugar market is mostly influenced by cost and options inso far as operators in sugars are concerned. Operators hold a moderate quantity of Philippines afloat which it is

First Pictures of Wrecked U. S. Naval Balloon Being Hauled Aboard Tug After Fall Into Lake

( — ■ ;r \ * * \

FIRST PHOTO OF THE CREW OF THE TUG FRANK H. STANLEY HAULING ABOARD THE GAS BAG OF THE UNITED STATES NAVY BALLOON WHICH WENT DOWN IN LAKE ERIE. THE BODY OF LIEUT. LOUIS J. ROTH OF LAKEHURST. N. J.. WAS FOUND LATER IN THE DERELICT BASKET OF THE BALLOON NEAR PORT STANLEY, ONTARIO. LIEUT. TELFORD B. NULL. HIS AIDE, IS STILL MISSING. THE BALLOON LEFT INDIANAPOLIS JULY 4 WITH TWELVE OTHERS IN THE NATIONAL BALLOON RACE. ’

New York Stocks (By Thomson A McKinnon) —July 11—

Railroads— 1:45 Prev. High. Low. p. m. close. Atchison ... 99 .... 98 % 99 B. Si 0 45 % 44 % 45 % 45 % Can. Pac... 146?* 145% 145% 146 C. & N. W. R. 70 69% 70% C., R. I & P. 23% • 23% 23% 24 Del. & Hud.. 103% 102% 102% 103 Gt. Nor. pfd 65% 64% 65% 65% Lehigh Valley 57 % .... 57 % 58 N. Y. Cen... 97 96% 96% 97% NYNH*HII% 11% 11% 11% Nor Pac.... 65 % 65 % 65 % 65 % Pennsylvania. 43 % 43 % 43 % 43 % So Pacific... 85% 85% 85% 85% St. Paul pfd 31% 30% 31% 31% Union Pac . 129% 128 129% 129 Wabash pfd, 27 , 26% 26% 26% Robbers— Goodrich Rbr 25 ... 24% 25 Kelly Spring. 82% 31% 32 33 U S Rubber . 40 % ... 40 % 40 % Equipments— Amer Loco. . 65 % 65 % 65 % 66 % Baldwn L0c0.117% 115% 116% 117 Lima Loco. . . 60 59% 60 '60% Westh Elec. . 54 % 54 % 54 % 54 % Steels— Bethlehem . .44 % 43 % 44 44 % Crucible ... 63 % 62 % 63 64 Gulf States.. 70% 70 70% 70% Rep 1 and S 42 % . 41 % 42 % 42 % U 8 Steel ~ 90 % 89 % 90 90 % Motors— Chand Mot. .49% 48% 49 49% Gen Motors.. 13% ... 13% 13% Max Mot A.. 38% ... 38% 39 Max M. (B) 12 12 12% Studebaker .102 100% 101 101% Stewart-W... 77% 76% 77 62 Timken .... 36 % 36 % 36 % 37 Minnigs— Int: Nickel... 12 % ... 12% 12% Texas G. & S. 55% 55% 55% 55% Coppers— Am. Smelt... 54 53 % 53% 54%

CORN LEADS RALLY IN CHICAGO PUS Wheat. Causes Sensation by Drop to New Low Figures, By United Financial CHICAGO. July 11.—Strength in corn brought a fractional rally in all’ grain prices on the Chicago Board of Trade today after wheat had led the market on a sharp downturn. Wheat provided the sensation of the day by breaking to new low levels in all deliveries for the season. It rallied back only fractionally when corn developed strength at the elope. The cloud of a huge Canadian crop and good weather over the American wheat belt was responsible for the bearish sentiment in the wheat pit. Corn prices hit a strong rally just before the close, due to higher cash premiums at the gulf and reports of extreme danger of drouth in parts of Oklahoma. It assumed leadership of the market on the upturn, other grains swinging into line. Trading in oats was dull throughout the session. Provisions were unchanged. Chicago Grain Table —July 11— WHEAT— Prev. Open. High. Low Close, close. July. 1.00 1 00b, .99 % .99% 1.00% Sept. .99% 1.00% 98% .99% 1.00% Dec.. 1.03 1.03% 1.01 1.02% 1.03 CORN— July. .82% .83% .81% .83% .82% Sept. .75% .76 .74% .75% .76 Dec .62% 62% .62 .62% .62% OATS— July . .38% .38% .38% .38% .38% Sept. . .34% 34% .34 .34% .34% Dec. . .36 .30% .35% .36% .36% LARDS— July 10.95 .10.95 10.92 10.95 10.87 Sept. 11.15 11.17 11.12 11.15 1110 RIBS— July .9.05 9.05 9.05 9.05 Sept. .9.25 9.27 9.27 925 9.17 RYE—— July . .62% .63 .62% .62% .63% Sept. . .65 .65% .84% .64% .65% CHICAGO, July 11.—Car lot receipts: Wheat. 15: corn, 47; oats. 26: rye. 3; barley. 4. CHICAGO, July 11.—Primary receipts: Wheat 756.000, against 1.012.000: corn 427,000, against 1.016.000; oats 436,000, against 580,000. Shipments: Wheat 670,000. against 340,000: com 382,000, against 881,000: oats 220.000, against 740,000.

Cash Grain

INDIANAPOLIS. July 11.—Total receipt* for the day, 32 cars. Grain price* quoted f. o. b. basis. 41 %c to New York The bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Through billed: steady; new, 96 097%c. Com—No. 2 white. 82@83%c: No. 3 white, 81 % @BSc: No. 2 yellow, 81@82%c; No. 3 yellow. 80% @B2c: No. 2 mixed. 79% @Bl %c; Nj. 3 mixed. 79081 %c. Oats—Steady: No. 2 white, 38%@39%c: No. 3 white. 38 0 39c. Hay—Firm: No. 1 timothy. $20020.50: No. 2 timothy. $19019:50: No. 1 light eolver mixed. $18018.50: No. 1 clover hay. $17.50018. —lnspections Wheat—No. 1 red. 1 car; No. 2 red. 1 ear Total, 2 cars. Com—No. 1 white. 2 cars; No 2 white,

' 1:45 Prer High Low o. m. close. Anaconda . . 39 % 39 % 39 % Kennecott 33% 33 Vi 33% 83% Utah Copper 59 58% 59 58% OUs— _ Cal. Petrol. 21 20% 20% 21 Vi Marl and 88 37% 37 Vi 38% Pan-A. Pete. 59% 58% 59% 59% E’A- p . B) 55% 54% 65 65% Phillips Pete 26% ... 26% 27% Pro. A Ref.. 34% 33% 34% Pure Oil .... 18% .... 18% 18% 8. Oil of Cal. 50% .... 50% 50% St Oil of NJ32 % ... 32 % 32 % Sinclair 23% 23 % 23% 24 Texas Cos . . 42 % ... 42 % 42 % Industrials Allied Chem. 65 % ... 65 % 65 % Amer Can ... 87 % 86 86 % 87 % Amer Wool.. 82 81% 81% 82% Cat Leather. 20% 19% 20 20% Cont Can ... 45% 44% 45% 45% Fam Players. 70% ... 70% 71% Gen Asphalt.. 27 24% 25% 27% Int Harvester 77% ... 70% 78% May Stores.. 78% ... 77 78% Mont Ward.. 20% ... 20 20% Nat Enamel. 56% 66% Scars-Roe ... 71 ... 71 71 % C. 8. In. Al. 45% 45 46% V till ties Am T. A T 121% 121 Vi 121% 121% Consol. Gas 59 58% 58% 58% Columbia G.. 32 31-% 31% Shipping— Am. I* Cor. 18% 18% 18% 18% Atlantic Gulf 10 ... 10 10 In. M M pfd 22 .... 22 21 % Food*— Am. Sugar.. 62% 62 62 f3 Ain. Beet Sg 30% .. 30% 30 Corn Prod. 117% 116% 117 117% C. C. Sg. pfd 40 39% 39% 40% CA. Sg 25% 241* 25% 25% Punta Alegre 47 % 46 47 % 47 % Tobaccos— Tob. Prod... 77% .... 77% 79

Bay—No. 1 timothy. 2 oars, No. 1 clover mixed. 1 car. Total. 3 cars CHICAGO. July 11.—Corn—-No 1 ye]low 87% 088 c; No. 2 yellow. 87% 0 88%c No 6 yellow. 84c; No 1 mixed. 84 %c; No. 2 mixed. 84 %e: No. 4 mixed. 85c: No 6 mixed, 83 %c. Oats —No. 3 white. 38 % 0 40 %c: No. 4 white, 38@ 39c: standard 37 mixed. 83 %c No. 1 white, 86 %e; No 2 white. 87% 088 c; No 3 white. 87%e Oat* —No 3 white, 38%040%c: No. 4 white, 380 39c: standard. 370 37 % c Barley—--600 69c. Timothy—ss 5000 50. Clover—sls 0 17. CURB TRADERS DIRECT ATTENTION TO MINES Oil Stocks Continue Under Influence of Crude Oil Cuts. By United financial NEW July 11.—A restricted turn over and persistent dullness in the curb market today and there was but very little Interest in any group except the mines. Oil stocks continued under the influence of crude oil price cuts with the result that selling pressure and liquidation were brought to bear. Prices in the quarter were down fractionally, but no conspicuous weak spot appeared throughout the day. Favorable news found its effect in Gillette Safety Razor, which went to 245. three points above the previous close. The improvement came as the result of divided declaration and favorable earnings report. Goodyear Tire fell off from Its 11% level under realizing. There was a sale in Reo at 15*4, and Stutz, after reaching 16(4, fell off a fraction. Swift & Company rose to 102%.

Produce Markets

NEW YORK. July 11—Flour, unsettled and quiet Pork—Quiet. Mess —s2s.Bo. Lard—Easier: middle west spot. $11,30 0 11.40. Sugar—Raw, weak; centrifugal. 96 test. 7.91 c: refined, weak; granulated. 8.75. Coffee—Rio, No 7 on spot. 11c; Santos, 13018 He. Tallow—Weak; special to extra. 6%@6%0; city. 5%c. Dressed poultry —Quiet; turkeys. 25@42e: chickens. 24 0 48c; fowls. 13 0 30c; ducks. Long Island, 26c. Live poultry—Quiet; geese. 15c; ducks. 15® 26c; fowls. 27 029 c: turkeys. 20c: roosters. 15; broilers. 32045 c. Cheese— Steady: state whole milk, common to specials. 18026 c; state, Rktmg, common to specials. 8@17%e. Butter—Firmer: receipts. 15.632: creamery extra. 38%c: special market. 39@39%e: state dairy tubs. 33% 0 38c. Eggs—Quiet: receipts, 37.270; nearby whites, fancy, 45e; nearby State whites, 26 @43c; fresh firsts to extras, 25 033 c; Pa cifio coast. So @ 40c: western whitg. 26 tl 43c; nearby browns, 34 0 41c. INDIANAPOLIS, July 11.—Fresh eggs, 19e; packing stock butter. 25c; spring. 1 % to 2 lba. 33e: fowls, straight, 18c; fowls, under 4 lbs., 15c: leghorn, 25 per cent discount: cocks, 9c; young tom turks, 23c; old tom turka, 18c; ducks, 5 lbe, up 12c: geese, 10 lb*, up, 10c; squabs, 11 lbs. to do*., $5. Indianapolis creameries are paying 88c a lb. for butter fat. CHICAGO, June 11,—Butter —Receipts, 16,873: creamery extra, 36 037 c; otarfdarde. 37 %e: firsts. 34%@35%c: seconds. 33 0 84c. Eggs—Receipts, 18.671: ordinary firsts. 21 %c: firsts, 23%c. Cheese—Twins. 22 0 22 %c: young Americans, 23 0 23%c. Poultry—Receipts. 2 cars: fowls, 19 023 c; ducks. 16 0 20c: geese. 12 018 c: turkeys. 20c: roost'rs. 12c; broilers, 26034 c. Potatoes—Receipts. 56 cars; sackec Oklahoma bliss triumphs. $2.500260: some heated. $2 0 2.50: Irish cobblers. $3: Illinois early Ohio*, mostly $2.85. CLEVELAND, July 11.—Butter—Extra in tubs. 42 0 44c: prints. 44 0 45c; firsts, 40 0 42c: packing stock. 30 0 32c. Eggs—Fresh gathered northern extras, 29%0: Ohio firsts, 25c: western firsts, new cases. '23 %c. Poultry—Heavy fowls. 24 0 25c: light fowls. 18 @ 21c: roosters, 140115 c: broilers. 40042 c: ducks, springs, s2s@3oc. J%-atocs--V;r-

THE INDIANAPOLIS TIMES

BLJt Jjjf

R. H. RICHARDS. ASSISTANT PILOT OF THE NINA. WHICH WAS COMMISSIONED BY THE GOVERNMENT TO RECONNOITER LAKE ERIE FOR THE MISSING BALLOONISTS. HANDS OVER THE AMERICAN FLAG AND CLOTHING FOUND WITH THE GAS BAG, TO HARRY BRUNO. VICE PRESIDENT OF THE AEROMARINE AIRWAYS COMPANY, OWNERS OF THE NINA.

DDES ADVANCE ON SNIPPING DEMAND Local Packers Bid Lower at Opening—Cattle Weak, Hog Price* I>ny by Day July 250-300 lb# 200-225 lbs. 150 180 Ib*. 5. 7.754 1 7.80 7.75(ft 7.80 7 8045 7.85 6 8.00 800 8.00 7. 8.00 8 00 8 00 9. 7.500 7.55 7.55 0 7.60 7.600 7.65 10 7 4041 7.45 7.454$ 7.50 7.500 105 11. 7.55 7.60 705 Shippers established an advance of 10® 15c in the price of hogs at the iocal livestock exchange today, after local packing Interests had bid lower. The advance was due to urgent shipping demand for outside account, due to light receipts nt other primary marekting centers. Fancy lights sold at $7.65, the top price, as compared with Tuesday's top of $7 56, while mixed hogs brought $7.60 and u few extremely heavyweights $7.55. The bulk of the day’s receipts of 10,000, inclusive of 1.597 holdovers, sold' at [email protected]. Sows and pigs reflected the advance, pigs selling generally at $7.25 down and sows at $0.75 down The largest number of cattle to be offered for sale on any one day this year arrived at the yards and prices from the opening showed a disposition to weaken, especially among the common and medium grades, in which losses of a half dollar or more were not, infrequent. Even thf prime stock that has lately sold at a premium was off from 15 to 25 cents. Receipts, 2,000. Prices for calves declined 50 cents to $1 to a top of sl2, with the bulk of selling from sll to sl2. Receipts. 900. Spring laughs suffered another loss of 50 cents, dropping to a top of $13.50, while sheep sold steady at $6 down. Receipts, 800. —Hoc# — 150 to 200 lb# * 7 65 MMllim 7 00 Heavy 7.65 Top 7.60 Pin 675 0 7 25 Packing sows 6.00 0 6 7o —CattleFew choice steer# SIO.OO 011.00 Prime corn fed steers. 1,000 to _ „ 1.300 lbs 9 00 0 0.50 Good to choice steers. 1.000 to 1.100 lb* 8 .60 0 9 00 Good to choice steers. 1.000 to 1.700 lbs . 7.500 800 Good to choice teers. 1,000 to 1.700 lb* 7.500 800 Common to medium *toers, 800 to 1,000 lbs 7.250 7.50 —Town and— Choice light heifers . $ Good li*?ht heifers 7.00 <u Medium heifer*? H.OOtfi 7 j Common helfors mm* &.0(> <iti (5 00 Fair cows 4.00 fin Cutters 2 H. 20 Canuers 2 2’><{ji 2..>() —Bulls— Fancy butcher bulls $ b.bQ(cb 0 00 Good to choiee butcher bulla. ft.OO (a, 5.50 Bologna bull* 3.70<5 450 -—Calves— I Choice veals $11.50 @12.00 Good veals 10 00 fit 11.00 Medium veals 8.00 (<l ft.oo Lightweight veals 7.50<® 8.00 Heavyweight veals . . 7.ooYf£ 7.50 Common hetvies ... ..* 0.00 @ 7.00 Top . 12 00 —Sheep and Ixunl>s— Culls . .. . : ./ * 2.25® 3.25 Good to oh >ioe ewes 3.00® 0.00 Few ohoiee lambs 13.00® 13 50 Heavy lambs 11.00 ( w ; 13.00 Cull lambs [email protected]

Other Livestock By United Financial CHICAGO, July 11.—Hogs—Receipts. 26.000: market 20c higher; top, 57.03: bulk, $6.8607.55: heavyweight $0 s(l® 7.65; medium. $0.75 07.66: light, 56.55 0 7.00; light lights. $0.60 07.75; heavy packing. smooth, $5.90 0 0.60; packing sows, rough, $6.5000; killing pigs. 50.2507. Cattle—Receipts. 10,000; market fairly active; beef steers and yearlings steady to strong; top matured steers. $11.40; best yearlings. $11.25; bulls and she stock strong to 25c higher; calves steady: Stockers and feeders firm. Sheep—Receipts. 14.000; market for top western lambs strong to 15c higher; early sales. $14.90015; native weak; early sales culls, $7.500 8.50; sheep steady. CLEVELAND, July 11.—Hogs—Receipts, 3,000; market higher; Yorkers. $8.25: mixed. $8.1608.25c; medium. $8.1508.25; pigs, $7.50; roughs. $5.50; stags. $4 Cattle —Receipts. 600: market strong, lowor: good to choice bulls, $5.5006.50; gpod to choice steers $9.60 010.60; good to choice heifers, $7.50 08.50; good to choice cows, $5.5006.60; fair to good cows, $3,500 4.50: common cows, $2.5003.50; milkers, $35 0 76. Sheep and lambs—Roceipts, 1,500; market steady; top. sls. Calves— Receipts, 1,100; market slow, steady; top, sl4, EAST ST. LOUIS. July 11.—Cattle—Receipts. 2.000: market, steady; native beef steers, $7.85 0 10; yearlings and heifers. $8 @9; cows, $6 00; eanners and cutters, $2 0 3.50; calves, $11.50 011.75. Hogs—Receipts. 11.500: market. 200 to 25c higher; heavy. $7 07.50; medium, $7.30 0 7.65; lights, $7,2007.70; light lights. $6,850 7.70; packing sows. $5.0000: pigs. $0.25@ 7.40; bulk, $7.5007.65. Sheep—Receipts, 4,500; market, steady; ewes. S3O 0; oanners and cutters. $lO 3; wool lambs, sl2 013.76. PITTSBURGH. July 11.—Cattle—Receipts, light: market. $10.50011, steady;. choice, $10.50011.40; good. $9.60010.23*; fair, $7.25 0 8.50: veal calves, $12.50014. Sheep and lambs—yßeeeipts. light; market, steady: prime wethers, $6.5007; good, $0 5007: fair mixed. $5.25 06; lambs, sllOl2. Hogs —Receipts. 15 double decks; market, steady: §rlm heavy, $7.6008: mediums, $8,400 .50; heavy yorkers. $8.400 8.50: light yorkers, $8.3548,50 W h $8 ... 8.25; roughs.

225: market sluw and steady; shipping steer*. $10011.25; butcher tirades. 98 09; cows. $2.26 0 0.60. Calves—Receipts, 175; market active, steady: culls to choice, $4 0 13.50. Sheep and lambs—Receipts. 800 t market, lambs 25c lower, sheep active, steady; choice lambs. $15015.75; cull to choice. $8.50014.50; yearlings, $7013; sheep, $3 0 8.50. Hoys—Receipts. 6,500; market active, 10c to 250 hisrher: yorkera, $80840; pics, $808.85; mixed. $8,200 i 8.40; heavies. $7.7508; roujfb, $5,500 ! 5.76: stags. $406. | CINCINNATI, July 11.—Cattle—Receipts, 700 market steady: shippers, $9 010. Calves—Market 50c lower: extras, $lO 012. Hoars—4,ooo; market, active, 10c higher, good or choice packers, $7.70. Sheep Reivnpts, 4.OO0; market, steady; extras, $406. Lambs—Market, slow, steady; fair to good. $15015.50. KANSAS CITY. July U.—Hogs—Receipts 9.000: fairly active; lights weights to shippers at 10c to 15c higher; bulk, 175-210-lb averages. $7.2007 35; $7.40 bid on medium weight butcher*, packer# holding back; packing sows. 10c to 20c higher, mostly $6.150 6 25. Cattle—Receipts. 5,000; calves. 1.000; better grade beat steers and yearlings strong: sttwrs and she stock around steady; top beef steers, $11.10: several loads early, $lO 60 010 75; bulls, strong to 15c higher: calves. *tronf: packers and feeders, slow. few early soles better classes around sternly Sheep—Receipts. 4.000: killing classes strong to 25c higher: top naltves. sl4 better grades. 913.500 ;14 Texas yoarltilgs, $9.76; wethers. $7,65. Marriage Licenses O. V Arnold. 24. Hotel Lincoln; Geraldine Jones, 19. 3317 Kenwood Harvey Averltte 50. 818 Boulevard; Mary Conner. 48, 2707 N. Senate J. C. Llch, Jr., 27 903 Hamilton; Mary Finnoran. 26. 30 N Hamilton E. D. Rafterr. 22. 1516 Prospect; Idella Murphy, 19. 2038 Oliver. E. L Schmedcl. 26. 3219 Walker. Cornelia May. 20. 1831 fUr.irleton liert Iverson, 42, Two Harbor, Mich : Clara Day 40. 103, N Keystone. C. B McCrary. 48. 717 Ogden; Etta Palmer, 49, 711 Ogden. Births Girl* John and Nettie Stamm 763 N Belmont. Hfnle and Susie Jenson. 1617 Drangc Elmer and Flora Moss, 221 N Oakland. Avery and Ruth Gipson. 1207 St. Peter. Steve ami Emily Elofson. 2851 S East Carl and Norma Zlexler. 19 E. McCarty. Lester and Hoalta Meyer. 4210 Comejiue. Blake and Louise l*riclo. 917 E. Seventeenth. Eugene and Margaret Morgan. 603 N. Senate. Albert and Catherine James. 1629 Temple. Boyi Alfred and Sadie Swanigant 2558 Hillside. Joe and Ella Barnett. 1446% N Missouri, Vernlo and Eftle Walla 726 W. Vermont. Ivce and Meiva Tittle, ii'l3 Wheeler. Roosevelt and Margaret Sorver, 209 E. ; Tenth. James and Edith Newton. 1613 Laurel. Simon and Flora Redman. 521 Drake. Thomas and Bertha Hoover, 2522 3hurman. James and Isabelle Slegmau, 1010 % River Jacob and Anna Bteuenfeld. Methodist Hospital, Robert and Gladys Craig. Methodist Hospital Raymond and Katherine Davidson. 2702 Gale Hiram and Lena Wagner. 1534 Saulcy Paul and Queen Franklin. 819 Stillwell. Deaths William llunike. 0 5, 13u6 Fayette, lobar pneumonia. Infant Rhode*. 1 day. Long Hospital, uremia. James Edwin Fish, 62, 2125 Ashland, apoplexy. Nellie Francis McCoy, 41. 1414 -Lee. car- j ranoma. j Clint William*. 33, City Hospital, frac- ; tured skull, and dental Mary E. Paulson, 58, Methodist Hospital, peritonitis. George E. Waller, 1. 022% W Oolton. entero colitis. Charles D. Monroe. 57, 410 Blake, chronic myocarditis Geneva Bomioe Lawhom, 4, 1732 Lexington. gasti-o enteritis. Eva East. 47.- Methodist Hospital, chronic peritonitis. William Daniel Smith. 67, Clark Blakeslee Hospital, apoplexy. Marie E. Tolle. 88. 738 E. Ohio, cerebral | hemorrhage. Louise Jensen, 49. 2106 S. Delaware, cerebral hemorrhage. Harry Long. 68. Methodist Hospital, carcinoma. Porter Miller. 60. City Hospital .pyelitis. John Garvin. 54, City Hospital, arteriosclerosis. Whitney Proctor Funk. 1, 434 N. Bevtlle, whooping cough. Will Williams. 44. City Hospital, cirrhosis of liver.

Grain Briefs

CHICAGO. July 11.—Local wheat traders are watching with interest the movement of the new crop in the Southwest. The big after-thrashing run ts expected to be under way by next week. Chicago received its first car of new wheat Tuesday It came from Grand ran, 111., graded as No. 1 hard, and sold at fijjjc over July. Nearby deliveries of com. although In relatively strong positions, were unable to withstand the dip of the wheat mart and prices sagged off easily in the late trade Tuesday. The domestic trade remains the principal factor in the local pits. Chicago dealers Tuesday sold 75.000 com %nd 105,000 oats to the domestic trade. Reports of hot, dry weather endangering the ebrn crop In Oklahoma and parts of Nebraska had little effect on the trade. With the downturn In full swing, traders refused to heed the crop news. In the Cotton Market By United Financial NEW YORK, July 11.—The cotton market opened higher. July. 27.20 c, up 30c: October, 24.00 c, up 29c; December. 23.62 c, up 25; January, 23.18 c. up 23; Marfth, 23.12 c. up 21. a. — T ; Dressed Beef Prices Wholesale selling prices on dressed beef, Swift & Cos.: Ribs—No. 2,19 c; No. 3, 10a, Loins—No. 2. 29c: No. 3.25 c. Rounds— No. 2,21 c; No. 3,17 c. Chucks—No. 2. 11c; No. 3,9 c. Plates—No. 2. 6c; No. 3.4 c.

TRAFFIC Times Contest Will End Thursday Earn SSO Dollars by Rushing a Last Minute Suggestion to Editor.

HERE are the judges in the Times Traffic Problem Contest: CAPT. MICHAEL GLENN, in charge of the Indianapolis police traffic squad. HARRY K. STORMONT, safety director, Hoosier Motor Club. TRAFFIC PROBLEM EDITOR, Indianapolis Times. The contest closes Thursday midnight. Winder of the suggestion voted the most practical will receive a prize of SSO. Here are additional suggostios received by the Traffic Problem Editor: More Boulevards DETOUR the “through" traffic. Use all available lots near downtown district for parking. Build more boulevards. Enforce to the letter stricter regulations in regard to the “jaywalker” and the speeder. EDON C. HILL, Greencastle, Ind. Clear Traffic CLEAR all parked traffic in the congested district during the hours of 4:30 p. m. and 6:30 p. m„ giving every' one a clear view from every standpoint. This is done In the western part of the United States and has helped to reduce acI cidents. Who Is it that parks In the coni gested district? The last-minute shopper! Shop early and give the : streets to the working man to get I home. R. fiEYFRIED. i 855 West TwentyNlnth St. Bloc king Signals THE new blocking signals are a wonderful success, but a slight change in the regulations, I think, would improve congested corners. Allow north and south traffic to run about one-half minute, I street cars one-half minute east and west one-half minute and street cars one-half minute, and so on. The street cars should be given the advantage over the automobiles In that way because they cannot make a turn except on the red light and they are not always ready to go when they have the signal. -> Pedestrians should at all times observe closely to the left when starting across the street, and when In the center of the street observe closely to the right. There are a good many that put too much confidence In the cars and automobiles stopping for them and they don’t look either way. C. SLACK. 869 W. Twenty-Seventh St. False Hands EVERY enclosed car and cab should have a false hand to let the other fellow know which way the driver Intends turning. Also all wagon drivers should obey the traffic rules. I am a truck driver and find they are the greatest offenders. Where a turn to the right is intended the hand should he closed, except the index finger. When a turn to the left Ip intended, two fingers should be showing, and to “stop,” the hand should be outspread. Stop young boys from stealing rides. Give every conductor and postman the right to arrest the offenders and have them fined good and plenty. In fact, make rich and poor pay, regardless of politics. A few more traffic policemen on i busy corners. P. 8. THOMAS. 4450 Baltimore Ave. Signal Towers The traffic conditions can be helped greatly by installing a number of signal towers such as the main lighthouse on Washington and Illinois Sts. Place these towers in the middle of | the street between the car lines: nave the booth higher than the tops of cars, with the lights under floor of booth, these lights, of course, snowing the red and green signs on top of the booth. Have a fire Rlarm. either wildcat whistle or electric, going when the fire department first enters the towered district. The traffic man standing tn his booth pushes in the switch which connects with east and west, north and south throughout the towered district. After the fire department passes the next post the man pushes the button and cuts his sound off. then on and on all the way down the line. Wire for lighting these booths can bo either overhead* or underground and the booths can be made large enough for a man to sit or stana and bo out of the hot sun In the summer and the cold In winter. The same towers are operated In the city of Knoxville, Tenn., and there you seldom hear of an accident in the traffic zone. E. W. EAST, 46 N. West St.

BOY MYSTERIOUSLY POISONED-SERIOUS Physicians Unable to Find Solution, In a serious condition, apparently from poison, Kenneth Heydon, 10, stepson of Patrolman George Hubbard, 1963 Thalman Ave., was at the City hospital today. The boy had been playing with other boys when he became ill. The boys took him home. suffered from convulsions and then became unconscious. Physicians said he was suffering -from poisoning but were unable to tell its nature. Boys with whom he

MAN DAUGHTER Kansas Citizen Asks County Clerk for Aid. County Clerk Albert H. Losche today was scratching his head over an appeal from Pratt, Kans., to find a Mrs. Will Scott, “last heard from in your city, or might have been in Idaho working on a farm.” "Ma is getting old and sick, and I would like to find my daughter,” concluded the appeal. MINNESOTA G.O.P. FACING DEFEAT Farmer - Labor Candidate Says Rural Vote Will Do It, By Times Special ST. PAUL, July 11. —The national Republican Administration will be defeated in the Minnesota senatorial election July 18, by farmers dissatisfied with their economic campaign, Mangus Johnson, Farmer-Labor candidate, declared today. Johnson declares the Administration has utterly failed to give the fanner relief from the low prices of their products. The products the farmer must buy with his “60-cent dollar” are high. Governor J. O. A. Preus is the Administration candidate opposing Johnson for the seat of the late Senator Knute Nelson. A steady drop in the price of wheat has strengthened the FarmerI.abpr nominee's position, Johnson asserted.

REPORT INDICATES HEAVYFjRE LOSS Sparks on Roof Big Cause of Damage, NEW YORK. July 11.—Figures recently made public by the Actuarial Bureau of the National Board of Fire Underw'riters show that in the fiveyear period from 1917 to 1921 Inclusive dwelling house property valued at $28,188,221 was destroyed in New Y'ork State. While this is only a part of the total fire destruction in the State, it represents a per capita loss of $2.71. At $19,000 each, 2,818 comfortable homes could have been constructed with the money thus lost and the scarcity of suitable housing accommodations materially relieved. It appears further that the entire loss in dwellings to the country at large during this term exceeded a quarter of a billion dollars, amounting to $321,453,878. Chief among the originating causes cited as responsible for this unexampled destruction were: defective chimneys and fluos; sparks on roofs igniting wooden shingles: defective stoves, furnaces, boilers electricity and matches and smoking. Building Permits Marion Ward, remodel, 540 E. Washington. $3,000. Indianapolis Security Company, repairs. 2049 Ludlow. $407. George McCreary, repairs. 831 W. Thirtieth. S4OO John Michel, repairs. 2451 Columbia, $2,000 Rose Gutxwiler, remodel, 821 Orangre, $3 < 5. 'D M. Rathfon. garage, 717 E. Orange, S2OO. Otto N. Ebert. Audubon and Oak, $3,000. Ernest Hennlnger, dwelling, 95” Hervey, $5,000 J. Kinander. addition. 1704 Alvord, S2OO. D. D. Kennedy, addition, 3818 Byram, S3OO. Charles Ragsdale, dwelling. 1313 Beville, $4,500 Julia B. Hewitt, garage, 633 W. Thirtieth, $330. Mrs. M. B. Slpe. garage. 328 W. Thirtieth. $626.50. John Y. Right, garage, 812 Eugene. $385. F. F Michael, garage. 1038 W. ThirtyFirst. $252. Ruth Hanna, garage, 2321 Kenwood. $305. H. H. Hardsock. garage, 1350 N. Tuxedo. $307.50. Paul Ray, garage, 2437 Parkway boulevard. $326. George W. Watkins, dwelling. 42 W Forty Eighth. $3,000. H E Clark, furnace, 614 W. Thirtieth. S3OO. Alexander Adomatla, dwelling, 2354 Daisie. $2,000. Mrs. Drapier, garage, 2506 N, Capitol, $250. J. E. Chrlsney, garage. 4211 Guilford, $450. Louise Mayer, repairs, 2417 N. Delaware. $350. Sinclair Refining Comrany. tanka. Washington and River. S4OO. Charles R. Yoke, repairs. 1349 Kappes. S3OO. Bertha B Clark, dwelling, 5870 College, $7,000. Ida Atwood, reroof, 924 W. Thirty-Second. S2OO. " A. A Barnes, reroof. 8505 Washington Blvd., $250. William Fowley, addition. 2524 N. aGle. S6OO. Rachlel Rlegger, garags, 4324 B. Washington. $545. Hannah Graham, garage, 2125 X. Meridian. $285. George W Lartmore, gapage, 1050 W. Thirty-Second. $225. Henry A. Harmon, garage, 5230 Central, S2OO.

'! LIBERTY BONDS "i"?' SELL 415 LEMCKE BUILDING \ * OUU GOOD GOODS (apital Gti] Mil 100 PER. CENT * PURE , is a paint that satisfies. Made toa% pure and to proportioned as to produce, from the pcopI \ erty owner's standpoint, the most enduring j | \ and economical results. It substantiates oar /IV daim of the greatest possible value at the leas* ' IV est possible price. ) \\ We suggest that you see oar dealer in yoat I . / vicinity. He has some interesting fads and | ||i I figures concerning the economy of r!ap*t*J l l LS /1 CkyPaioC \ \ ■[H Made by 1 m Indianapolis Paint & Color Company u INDIANAPOLIS, IND. = lT—s® ± > frg \

BOOZE CLEAN-UP IS UNDER WAY IN NORTHERNINDIANA Raids and Arrests Made in Ft. Wayne—South Bend on Schedule. Northern Indiana is In for a cleanup at the hands of the Federal prohibition department. Ft. Wayne felt the heavy hand of Uncle Sam first and, ae a result of few hours' work by Federal agents late Tuesday, fourteen arrests had been made and largre quantities of liqquor had been seized. For the greater part, the arrests were of proprietors of “soft drink” establishments. One residence W'as raided, that of Sam Wolf of the firm of Wolf and Dessauer, the largest department store in Ft. Wayne. Three truckloads of fine wines, champagnes and whisky, valued at about $15,000, pre-prohibition prices, were seized. Wolf was arrested and taken to the Allen county jail. * He was released on bond of $3,000 fixed by T. J. Login, United States commissioner. Wolf said all liquor seized at his home had been purchased before prohibition went into effect. It is understood that more than 100 warrants have been issued to Federal agents and that the raids wIU continue indefinitely. Charges of operating a nuisance' under the Y T olstead act were placed against many of those arrested. South Bend probably will come in for Federal attention also. St. Joseph County authorities, headed by Frank E. Coughlin, prosecutor and L. J. Lane, police chief, announced today that injunction suits against many liquor law violators will be filed.

WHEAT CHEAPEST IN NINE YEARS New Low Established on Chicago Board of Trade, CHICAGO, July 11.—>Tuly wheat dropped to the lowest price since 1914 on the Chicago Board of Trade today. Wheat for July delivery crashed from a high of 100 3-8 to low of 98%, a record low price for nine years. The price recovered slightly at the close and transactions were made at 99 % cents a bushel. The United States department of agriculture expects to make public tomorrow a review of the entire wheat situation that probably will throw some light on the crash in the price of wheat, it was learned today. Experts at the department of agriculture were inclined to think that big wheat yields abroad and In Canada are largely responsible for the tobbogonnlng of the prices. ACCOUNTING DISCUSSEDUtility Association Takes Up New Record Plans. At a meeting of the Indiana Gas and Electrical Association at the Claypool today, plans were made for the adoption of anew classification of accounting to be decided upon by the assembly. Thomas E. Donahugh, Lafayette, presided. The meeting adjourned at noon to reassemble Thursday at 9 a. m. A committee waa appointed to present the new plans. Molghan Completing New Movie Thomas Melghan and a company of Paramount players making his latest picture, "Homeward Bound," have shifted the scene of their work from the. Paramount Long Island Studio to the Tebo Yacht Basin at the foot of Twenty-Fourth St, Brooklyn, where night scenes are being filmed on the schooner “Nancy B.” Some of the most dramatio scenes of the picture bike place on this decrepit craft which Is wrecked at sea. Lila Lee, who plays the role of Mary Brent la injured by a falling spar in this sequence and is saved by the heroic efforts of Jim Bedford (Melghan), Wb )p captain.

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