Indianapolis Times, Volume 35, Number 62, Indianapolis, Marion County, 24 July 1923 — Page 11

TUESDAY, JULY 24, 1923

GENERALLY LOWER j PRICES PREVAIL IN MARKET Selling Pressure Is Light, but Support Is Not Forthcoming, INDUSTRIALS ATTACKED Hill Railroads Made Special Object of Drive on Carrier Group, The WALL STREET JOURNAL YORK, July 24—The stock market opened fairly active today and fractionally lower, recessions from the previous close having been confined largely to leading industrials, though Baldwin showed a decline of a full point. Oils ajso were fraction-1 ally lower, while the motors were gen- ~ erally unchanged, excepting Mack Trucks, which were off a half point. Rails -were firm. Sterling exchanges .were higher while marks established • further new low. First Hour • Trading was fairly active in the first hour, with the main body of stocks showing only fractional declines and by 10:30 most of the leadOra began to display resistance which caused trying to slacken somewhat. The Hill roads were again sold, both ■ losing a point, Pan-Americans were .in. supply and a point lower, while coppers were firm with Anaconda * Strove * 42. Shortly before 11 o’clock the market turned dull with a much better tone in evidence. Second Hour '’-The market continued dull In the hour, with prices generally lower. There was no pressure to sell stocks, not any great demand for rthem, and on fairly light offerings leading issues dropped to levels fractionally under the opening. The Hill roads reacted Ji point, as did the PanAmericans. Steel common fell off. Stewart-Wamer was in supply, while rails were inactive. Some quiet buying was reported under way among leading dividend payers, however. Noon Hour ' , s "Stocks continued to yield “ground in tfce noon hour, in which public participation in the market made itself ' conspicuous - by its absence, lending opportunity to professional traders to force leading issues downward. Grains and cotton were lower, crude rubber declined in price and a shading in pig Aron quotation also effected general as did the irregularity foreign exchanges. # Fourth Hour As the afternoon advanced and lit--tle activity developed there was no -evidence of a desire to advance prices ' and Drofessionals took advantage of the situation to force recessions of a 'point or more in leaders. Bethlehem Steel reacted easily to around 47, -of” nearly two points from the pre--Yious close; Studebaker sold below iuo. rfteei under 91 and Baldwin close xn 120. Dupont common showed a net loss of four points. t ) Closing Hour. Activity in the closing hour was the greatest of the day, but favored (he side of declining prices and a large number of issues succumbed to pressure which was. reported by brokerage houses to have been jelling for short account and not for liquidation purposes, This development was believed to have had its impetus from the decline in primary markets. The whole list gave way 'when support failed to coke . o the ■prominent leaders under special attack. > Twenty active industria lstocks on Monday averaged 91.58, up .19 per ■"cent. Twenty active rails averaged , 79.98, off .78 per cent.

Local Bank Clearings Indianapolis bank! clearings Tuesday were 4;A224,000: bank droits were 55,672,000. New York Money Market United Financial y-y :\v YOUR. Juj 24.—Commercial pamper market active. Prime names 5 per cent, others 5 4 per cent. Bulk of business at 5 per cent. Time money steady and un---•Cbanged. Brokers bid 5 per cent and lending banks oiler at 6Vs per cent on all Maturities. Foreign Exchange Jfj> United Financial ' NBtV YORK. July 24.—A new record low was marked up for German marks at the opening of the foreign exchange mar- ~ lppt. They were quoted at 425 530 marks ”tp the dollar, off 61.804. the lowest price yet recorded in the consistent fall of German currency. -.Sterling—Demand. $4 59 7-16; cables, 54.59 11-16. Francs—Demand. 5.96 tic; cables. 6.97 e. Lire—Demand. 4 35c; cables. 14.38 He- Belgians—Demand. 4.93 c: cables. \ 4ri)3 4e. Csecho—Demand, 2.09 4c; cables, 4.00 c. Swiss—Demand. 17.84 c; cables. 17,86 c: guilders. 39.21 c; cables, 39.24 c. Pesetas—Demand. 14.26 c; cables. 14 28c. Sweden —Demand. 26.68 c; cables. 26.75 c. Norway—Demand. 16.19 c; cables. 16.23 c. Denmark —Demand. 17.51 c; cables. 17.53 c. Raw Sugar Market By United Financial . NEW YORK, July 24. —The raw sugar market opened lower: September. 4.94 @ 4.05; December. 4.35 U 4.35 c: March. 3.38 w 3.39 c: May. 3.42 bid. A laiwe refining interest has bought between 50.000 and 60.000 bags of Cubas which had been taken by an exporter originally for shipment to * England. The price was 5He c. and 1. unchanged. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift A Cp.: Ribs—No. 2. 20c; No. 8. 16c. Loins—No. 2. 30c: No. 3.16 c. Rounds —No. 2. 22c: No. 3.81 c. Chucks—No. 2. 10c; No. 3. Bc. Plate —No. 2. sc: No. . 8. 4c. Cloverseed Market ■ C’.overseed was quoted at $7 @lO a bu. in rnapolis. Local Hay Market Loos shay—sslo23: bales. 520 @22: heavy mixed hay. S2O @22; light mixed hay. $lB @2O. Corn—92® 95c. Overland Stock Sale Awarded . 'Bit United Prets BUFFALO. N. Y„ July 24.—Judge Knox, In Federal District Court, today awarded the sale of the WlllysOverland common stock to Thomas H.

New York Stocks (By Thomson A McKinnon)

Railroads— At 1:45 Prev. High. Low. p. m. close. 3., and 0... 5014 4844 49% 5044 Can. Pacific 146 "s .... 145 % 146 44 C.AN. W. R. 70% 69 69%. C..R. X. & P. 20 25 26% Del. & Hud.lo4 44 . ... 103 44 103 44 Gt. X. pfd. 63 6144 6144 63 44 N. Y. Central 99% 98 44 88 44 99 44 Northern Pac 64 44 83 63 64% Pennsylvania 43 % 43 44 43% 43% Reading' ... 76 44 75 75% *75 44 So. Pac. . . 87 44 86% 86% St. Paul pfd. 32% 32 44 33 44 St. L.&S. W. 3044 29 44 30% Union Pac. .131 .... 129% 13144 Wabash pfd. 28% 27% 28 28 44 Rubbers— Kelly Spr.... 34% 3444 34% 3544 U. S. Rubber 43 42 44 42% 43 44 Equipments— Am. C. & F. 159% 158 159 44 Amer. Loco. 70*4 68% 108% 70 Baldwin t.0e.122% 120% 12C44 122 Gen. Elec.. . .175% 174% 176% Lima Loco. . 64 63 % 63& Westing. El.. 57 56% 57 Steals— * Bethlehem... 48% 47 47% 48% Crucible .... 65 % 64 % 66 44 Gulf States.. 73*4 72 72 73% Rep. 1. & Stl- 45 44 44% 44% 45% U. S. Steel.. 91% 90% 90% 92 Motors--Am. Bosch M. 35 33 % 35 Chandler M.. 52 .... 51 52 Gea. Motors. 13% 13% 13% Max. M. “A" 41 41 42 Max Mot B. . 12% 1244 12*4 12% Studebaker .106*4 105 44 106*4 106% Stromberg... 72 69 70 44 72% Stew-Waroer. 93*4 90% 9144 93 Timken 38 44 ... 37 % 38 44 Oils Cal Petrol... 22*4 21*4 21% 2244 Cosden 38% 37% 37% 38% Houston OU. 53 44 52 44 52% 52

GRAINS GO LOWER IN CHICAGO TRADE Early Rally Overcome by Late Reaction-*-Wheat Leads, By United Financial CHICAGO, July 24. —Grain prices, following a good advance, rallied, and then went below opening prices at the close of the Chicago Board of Trade today. Trading-in vlheat was nervous and erratic throughout the season. That market opening weak, rallied and made fair advances with a good class of buying. In the later hours, however, prices suffered a reaction when longs sought profits. Crop news was unchanged with the black rust said to be assuming alarming ptpportions in sections the Northwest. Corn followed wheat on the break and suffered a relapse. July com however, continued to lead, the usual nearness of delivery and small stocks playing a predominating part. Trading in oats continued light throughout the entire session. Prices fluctuated with other grains. Lack of speculative demand and sj dull market effected provisions. Chicago Grain Table —July 24 WHEAT— Prev Open. High. Low. Close, close. July . 99% .99% . 97% .98 .99% Sept. . .98% .98% .96% .97 .98% Dec 1.01*4 1.01% .99% 1.00% 1.01% CORN— July '. .86% 87 44 .85% .86% .86 Sept. . .76% .77*4 .75% .76% .76*4 Lee. . .64% .65% .63% .84% .64% OATS July . .40% .40% .40% 40 44 .40% Sept. . .35 .35 44 .34% .34% .36% Dec. . 36% .37 .36% .36% 37 LARD—•JuIy 10.85 10.95 Sept. 11.07 11.07 10.95 10.95 1106 RIBS—- • July .... .... •••• 8.50 8.63 •Sebt , 8.65 8.77 July . .63% 63*4 62% .62% .63% Sept . .65*4 .65 44 64% .64% 65% •Nominal. CHICAGO. July 24. —Primary receipts: Wheat. 1.918.000 against 2.618.000: corn. 1.077.000 against 941.000: oats. 707.000 against* 800,000. Shipments—Wheat. 67,000 against 385.000; corn 386,000 against 804.000: oats. 439.000 against 447.000. CHICAGO! July 24.—Car lot receipts: Wheat, 864; corn, 271; oats. 190; rye, 1; barley, 9.

Cash Grain

INDIANAPOLIS. July 24.—Total receipts for the day. 167 cars. Grain prices quoted f. o. b. basis. 41 %c to New York. The bids for ear lots of grain and hay at tVe eall ol the Indianapolis Board of Trade were: Wheat—Through billed. Easy; No. 2 re# 88 @9l % c. Com—Steady: No. 2 white. 82%@84e; No. 3 White. 82 @B3 %e; No. 2 yellow. 83% @B4%c: No. 3 yellow. 83®84c: No, 3 mixed, 82®83c; No. 3 mixed, 81%@82%c. Oats—Steady: No. 2 white, 39@40c; No. 3 white. 38% 639 Vie. , Hay—. Firm: S'o 1 timothy. [email protected]; Np. 2 timothy. $194219.50: No. 1 li*ht eirtver mixed. [email protected]; No. 1 clover hay, 5T7.50@18; new hay quoted [email protected] under old. —lnspections Wheat—No, 1 red. 22 cars: No. 2 red, 46 cars: No 3 red. 14 ears; No. 4 red. 2 cars; No. 1 hard. 5 cars; No. 2 hard. 4 cars: Nfl. l mixed, 3 cars: No. 2 mixed, 7 cars: No. 3 mixed. 1 car. Total. 104 cars. Corn—No. 1 white. 1 oar: No. 2 white. 23 cars: No. 3 white. 1 car: sample white. 1 car: No. 1 yellow. 3 cars; No. 2 yellow. 21 cars: No. 3 yellow. 2 cars No. 5 yellow, 1 ear; No. 6 yellow. 1 cars: No. 2 mixed, 1 ear. Total, 55 cars. Oats—No. 2 white, 5 cars: No. 3 white. 1 ears; sample white. 1 car. Total. 7 cars. Hay—No. 1 timothy. 1 car. Total, 1 car. CHICAGO. July 24. —Wheat—No. 2 red. $1.00% @1.01: No. 3. 99% @sl.oo *4 No. 2 hard. 99% ® $1.00% : No. 3. 99% @sl.oo. Corn—No. 1 yellow. 89@89%c: No. 2. 89 ®9oe: No. 3. S9c: No 4, 88% @B9c; No. 0, 78e: No. 1 mixed. 87%@89%c; No. 2. 88% 89*4c: No. 3. 37 %c . No. 0, 86%t 87%c: No. 1 white. 89c; No.'2. 88 % @ 89c. Oats—No. 3 white. 40%@42c; No. 3. 38% @ 40*4c. Barley—6oc. Rye—6s%c. Timothy^—[email protected]. Clover sls® 17.50. WITNESS SEES NO SIGNS! BRIDGE Coroner so Hear Others in Bridge Fatality, A. D. Gumm, Edgewoofl, Ind., was called to testify at a coroner’B inquest today in the death of Paul Keefer, 20, of 2204 Haines St., drowned when a truck he was driving fell through the floor of a brldge / on the Southport Rd. Gumm said he found Keefer’s body. He said he was with Sheriff Snyder and others when the body was recovered, and told Coroner Robinson a cement mixer, wire, and other tools were on the bridge when the truck went through. When asked by Coroner Robinson whether any warnings were placed at the bridge. Gumm said he did not see any signs of any kirid to indicate that the bridge was not safe. County Superintendent of Roads teorge Burke and County Surveyor J.

1:45 Prev. .. High Lo* a. m. close. Marland 37% 38% 36% 37% Pan-A Pete .64% 63% 63% 64% Pan-A Pete B 61% 60% 60% 61% Phillips Pete 23 ... 22% 23 Pro and Ref 35 ... 33 % 35 % St Oil of Cal 5144 ... 61 61H St Oil of N J 33% ... . 33% 34 Sinclair .... 2444 2444 ,24 44 24% Texas Cos ... 43 42 %‘42 % 43 Minings— Dome Mines. 36 44 ... 35% 36 Int Nickel ..13 % 13 13 % 13 % Coppers— Amer Smelt. 57% 67% 67% 58 Anaconda .. 42% 41% 42 42 Kennecott . . 36 44 ... , 34 % 35 44 Industrials— Amer Can... 92% 90% 90% 91% Amer Wool.. 87% ... gs% 87% Cent Leather 21 % ... 20 21 % Cont Can . . 48 46 % 48 % 48 % Gen Asphalt. 29% ... 28% 20% Int Harvester 76 44 76 76 76 May Btores. . 78 ... 76% 70 Nat Enamel. 61% t... 60% 61% Owen Bottle. 44% 44 44 44 %t 44% Sears-Roe .. 74 44 .. . _ 72 73% IT. 3. Ind. Al. 49 48% 48% 49% Am. T. A T. 122% 122% 122% Consol. Gas . 61 60% 6044 61% Columbia Gas 3U) 34 % 31% 34 % Shipping— “ Am. Int. Cp. 20 19% 19% 20 Atlantic Gulf 13 44' 13% 14 44 Int. M. M. pd 24% 4 24% 24 44 24% Foods— Am. B. Sugar 63% .... 6344 62*4 Com Pro<L,.l2:’% 120% 121% 122 44 C. C. SugTpd 42*4 42 42 41% C.-Am. Sugar 27 44 26% 26% 27 44 Punt a Alegre 50 49 49 50 Tobaccos— Am. Tob. Cos. 147 147 147% I Tob. Products .82 44 81 % 81 % 81

A CORNER —With the — FARMER By R. WEBB SPARKS ■■ ‘Market Editor al The Times

The United States Department of Agriculture has estimated the reduced wheat acreage iw>the nation this year at 3,000,000 acres over 1922 and the yield of spfing wheat within 30,000,000 bushels less than last year. With the year's crop holding within the ten-year average range, some are beginning to tae a more optimistic view of the future in store for the wheat grower, warning, however, against a recurrence of lagge production until such time as the grain marketa of the world have adjusted themselves. A great many Indiana formers M*e raising less wheat eaoh year, Some have substituted soy beans and others different crops, holding* to the belief that wheat growing has not been a profitable farming industry for the pajst few years. Undoubtedly -a great many fanners will desert the wheat field this fall and next spring as such a revision in production schedules inevitably follows a situation such as confronts growers at present. With a steady influx of farm residents to cities each Vear, It is being pointed out that the consumptive balance In a few years will offset the productive and that a more equalized supply ind demand will be enjoyed by farmers who take to wheat growing later on. Evidences of farnrters withholding their grain from market are being observed in many Corners of the State where farmers re able either to finance themselves for a few months until the market advances or obtain credit from their local banks. The larger the stocks withheld from the market at .present, the more likelihood of downward prices. HEAVINESS IN OIL GROUP SPREADS TO WHOLE LIST Continued Hammering, However, Fail* to Yield Expected Results. By United Financial NEW YORK, July 24.—Under pressure In the oils, the Curb market developed a heavy tone today and irregular movements were the rule. Despite the hammering of {he oils, only here and there did the selling meet with any marked success. Offerings of Standard of .Indiana, wmen was one of the most active stocks in that section, were absorlted between 54 and 53%, but issues such as Imperial Oil of Canada, Vacuum Oil and Mutual were depressed m6re than usual. The feature of the day was the activity and improvement of Reading issues. Reading Coal, when issued, which has been moving, ui| a point or more between sales, foflkwed the rights to new high tesrltory by jumping 4 points to 48% on two sales. In the motors Durant turned reactionary and got down to 25% off a full point from the previous close.

Produce Markets

INDIANAPOLIS. Jfuly 24.—Fresh egrgrs, 10c; stock butter, 253; springs, I % to 2 lbs., 33c; fowle, straight 18c: fowls, under 4 lbs., 15c; leghorns, 25 per cont discount; cocks. 9c: young tom turke, 2.3 c; old tom turks, 18c; ducks, 6 lbs.. 12c; geese. 10 lbs. up. 10c; squabs, 11 lbs. to doz.. $5. Indianapolis creameries are paying 37c a lb. for butter fat. CHICAGO. July 24.—Butter—Receipts. 15.100: creamery extra. 37 % @3B %c; Standards. 39%c; firsts. 35% @3o%c; seconds, 34® 35c. Eggs—Receipts, 10.144: ordinary firsts, 21%c: firsts, 22%@23%c Cheese—Twins, 22 %e; Young Americans, 23 %e. Poultry—Receipts, 2 cars: fowls, 18@22%c: ducks. 20@23c; geece. 14®21c: turkeys, 20c: roosters, 14c; broilers, 28® 36c. Potatoes —Receipts. 236 cars. Quotations: Kansas cobblers. $1.25 @2.60; lllilnols partly graded 130. t NEW YORK, July 24.—Flour quiet .unsettled: park, dull: mesa. $25@60; lard, easier; middle west spot, $11.40® 11.50; sugar, raw. quiet: centrifugal, 90 test. $0.91: refined quiet; granulated. $8.35® 9. Coffee. Rio No. 7 on spot. 11c; yellow, dull, special, 6% @6%; city 5%. Dressed poultry, quiet, turkeys. 25 @ 46c: chickens, 26® 40c; fowls, 13® 29c: ducks, 25c. Live poultry, steady: geese, 15c: ducks, 14®20c: fowls. 20®27c; turkeys, 25c; roosters. 15c: broilers. 20® 38c. Cheese, steady; State whole milk, common to specials. 20@26%c, State, skims, common to specials, 8@ 17 He. Butter, firmer; receipts, 11.182: creamery extra. 40%r@41c: special market. 41 Vi @ 42c: State dairy tubs, 35% @40% a Eggs, Irregular; deeeipts, 36,307: nearby whites, fancy, 41@45c: nearby State whites. 26® 43c: fresh firßts to extras. 23%@330; PaclAc Coast. 29% ® 39c; Western white. 26®43c; nearby browns, 34® 41c. CLEVELAND, July 24.—Butter—Extra in tubs 42 %@44 %c; prints. 43%%45%c; first*. 40%@42%c; packing stock. 30® 32c. Eggs—Fresh gathered northern extras. 30c: Ohio firsts, 25He: western first*, new ease*. 24c. Poultry-—Heavy %%vvla. 23@24c: light fowls. 18@2flc; cock*, 14@ 15c: broilers, 23@25e; duclf*. spring. 22® 250. Potatoes—Virginia cobblers. $5,40 0 5.80 per barrel: 150-pound sacks, $2.40® 2.50. In the Cotton Market By United Financial NEW YORK. July 24.—The cotton mar--1 nume 9J OK cJt RE-* CW.

THE INDIANAPOLIS TIMES

PRICES FOR NOGS SHADED SLIGHTLY Downward Revision Amounts to 5 to 10 Cents: Hoc Price* Day by Day July 250-300 lbs. 200-225 lbg. 150-180 lbs. 18. 7.25® 7.50 7.75® 7.90 7.90® 8.00 19 7.00® 7.25 7.30® 7.05 7.66® 7.76 20: 7.00® 7.25 7.25® 7.30 7.56® 7.70 21. 7.10® 7.25 7.50® 7.90 7.90® 8.00 23. 7.50® 7.75 7.90® 8.10 B.lo® 8.25 24. 7.25® 7.60 7.76® 8.00 B.oo® 8.20 A downward revision In prices for hogs occurred in trading at the local livestock exchange today, the decline having amounted generally to 5 to 10 cente, though In extreme cases the decrease might have been more, while some traders held they had sold their light mixeij hogs at generally steady prices. A top of $8.20 was established by shippers' for extra fancy light hogs as compared with Monday’s top of $8.25 and heavyweights sold up generally from $7.25 as compared with $7.50 on Monday. Medium and mixed hogs sold in a narrow range from $7.75 to $8 and the bulk from $7.90 to SB.IO. The day’s receipts touched 16,000, including 222 holdovers, a fact that contributed largely to the decrease. Sows pigs both reflected the drop in the general market, selling at slightly easier prices. The quality of cattle received at the stockyards was best in many Weeks and prices paid for this class of stock was as good or better than the average during the high time some weeks | ago. However, tins increase was not general as cows arid heifers were week steers no better than steady. An extra fancy load of 1,300-pound steers sold early at $11.26, the year’s best car-load price. Receipts 800. Prices for calves were generally 50 cents lower than at the high time on Monday, a practical top of $12.50 havj ing been maintained whileethe bulk moved from $11.50 .to sl2. Receipts 700.f ( N The sheep tlnd lamb market was quotahly steady to 50 cents higher, ,sheep having sold steady at $6 down while lamb?advanced a half dollar to a top of $12.50. Receipts 400.

_ i —Ho**150 to 200 lbs C $ * 00® 800 Medium 7.75® 800 Heavy 7.26® 7,50 Top 8 20 Pigs 6 75® 7.25 Packing sows 6.00® 8.75 —Cattle— Few choice steers 510.00® 11.26 Prime corn-fed steers. 1.000 to 1.300 lbs 9 00® 9.50 Good to choice steers. 1,000 to 1.100 lbs 8.60® 9.60 Good to choice steers. 1.000 to 1.200 lbs 7.60® 8.00 Good to choice steerß, 1,000 to 1.700 lbs 7 50® 8.00 Common to medium steers. 800 to lbs 7.25® 7.60 —Cows and Heifers— Choice light heifers 5 8 50® 10 00 Good light heilers ........ 7.0041 875 Medium heifers .... 6.0041 7.25 Common heifers 1,... 6.00 7! 600 Fair cowa 400 ® 6.00 Cutters *. .. 2.75® 3.25 Caners 2.25® 2.60 . —Balls— Fancy hiftcher I bulls $ 5 .00® 6.00 Good to choioe butcher bulls. ‘5.00® 5.60 Bologna bulls 8.75® 4.60 —Calves— Choice veals sll r >n?l2 ”0 Good veals 10 00® 11.90 Medium veals 8 00® 9.00 Lightweight veals .. 7.50® 800 Heavyweight veals 7.00® 7.50 I Common heavies 6.00® 7.00 Top 12.50 —Sheep and I-ambs— Culls .'v. . $ 2.25 3.75 Good tc choice ewes 3.00® 6.00 Few choice lambs 11.50® 12.60 Heavy lambs U>ooll.oo Cull lambs YlgK)® 8.00 Other LivestocK By United financial CHICAGO, July 24.—Hogs—Receipts. 83.000: dull to 10® 15c lower: top. $8: bulk. $6.50 07.90 heavyweight. $7.26 07 80. I medium S7.SO@S; light. $7.2508: light lights. $6.75®7.0p; heavy packing, smooth $6 1506.50; palling sows, rough. $5.75® 6.15: killing pigs. $p.60417 25 Cattle— Receipts, 11.000: heller grades beef steers, yearlings and*beef heifers steady to strong; spots h gher; others around steady; top matured steers, $11.00; killing quality better than Monday bulls around 25c lower than Monday; vealers. 25®50c higher; Stockers and feeders steady. Sheep—Receipts. 16.000: market, slow: fat lambs mostly 25e lower: spots more early, top natives, $13.10; westerns unsold 3 cull natives, sß® 8.50 steady; feeding lambs Steady to strong 65pound averages, sl3; fat ewea generally steady; medium and handywelght $506.60: heavies, $3.500450; lightweights upward to 37. EAST BUFFALO. July 24—Market, steady; shipping steers. $10011.50: butcher grades. sß® 9.25: heifers. $2.50® 7. Calves —Receipts. 300: market active to 50c high er; culls to chftiee, 34® 14 Sheep and lambs—Receipts. 800; market, active to steady; choice lambs, sl4 014.60: culls to choice, $8013.50. yearlings. $7011.60; sheep, s3® 8.60. Hogs—Receipts, 3.200: market, active steady to 15c higher; mediums. [email protected]: pigs. $7.50 ® 8 mixed. $8.60®8.70: heavies, [email protected]; rough. $0 00.75: stags, s4®s. CINCINNATI. July 24.—Cattle—*•ceipts, 400; market, slow weak: shippers. $8 50010.25/ Calves market, steady: extras. $11012.50. Hoga—Receipts, 4.200. market, steady: good or choice packers. 800. Sheep—Receipts, 2,000; market, strong; extras, ?4@o. Lambs market, steady; fair to good, $13013.50. CLEVELAND. July 24.—Hoge—Receipts, 1,000; market, steady, slow; yorkers. $8.50* mixed. $8.60; medium, $8.50; pigs. $7.50; toughs $5.75; stags, $4. Cattle—Receipts. 450; market, slow, unchanged. Sheep and lambs—Receipts. 250; market, steady; top. $13.50. Calves—Receipts. 5 O 0; market, steady; top, $13.00. BOYS HAVE POLICE SEEKINGNOTHING Prowler Reported .bv Small Boys Adjudged Imaginary, An imaginary prowler, “hidden” in a garage behind a vacant house at 3335 N. Pennsylvania St., a creation of the minds of a group of small boys, today caused Police Sergeant Dean, Detective Fossatti and squad a long search. Frank Abbott, 10, of 3307 "Wasnington Rlvd , called police to report excitedly that a burglar was in a garage In Pennsylvania St., near ThirtyThird. Led by Frank, In 'a white sailor suit and white hat, the policemen quickly threw cardon around a small garage In the rear Frank Powell, 3316 Washington Blvd, ex plained in a mysterious voice, that the prowler, a colored man, “about that big"—pointing to Sergeant Dean—had Jgeen shooting at the boys for several days, A search of the garage and grounds failed to reveal any prowler. Women In the neighborhood said they had heard no shooting nor seen any prowler. So the police returned to headquarters with ajgxeat admiration for the lads’ imaginations. t* : Local Wagon Wheat

DOUGHBOYS WILL HAVE GOOD SHOWS Broadway Features to Be Presented at Army Posts, NEW YORK, July 24.—Rians have been announced for opening in the near future a vaudeville circuit, backed by, the United States Government and operating twenty-five playhouses at army posts and camps. Thomas H. Martell, director of bookings for the War Department theatres, now attached to the Adjutant General’s office in Washington, said the doughboy in camp will soon have the opportunity to see at his own. theater the best vaudeville that Broadway affords. The circuit is to be permanent, having long ago passed the experimental stage. Bookings are being arranged so that the smaller posts will have at least one show a week and the .larger ones two or more. For some time the plan has been In operation p.t Camp Devens, Massachusetts, and Camp Meade, Maryland. The War Department has been in the moving picture business for several years and Is now operating over a hundred moving picture theatres throughout the nine corps areas in the United States, Panama and the Hawaiian Islands. Under the present plan, vaudeville and other features will beaded to the bills at these houses. Soon after the war, the department

The Power Is On \ i From the huge gray bulk of the cement plant’s buildings come the whir of belts, the rattle of conveyors, the clatter of tumbling rock, * the din of great machines. In the kiln house there is a steady roar from the great revolving steel kilns as their 30-foot tongue of > flame licks up the fuel. The power is on, Ibwer—unceasing power —is working to convert limestone and clay or similar materials into portland cement. Millions of tons of . rock must be crushed—huge chunks to smaller particles, then to sand-like fineness, and finally to a powder finer than flour. Then comes the burning to glass-hard clinker. After this clinker has been ground and reground until at least 78 per cent will pass through a sieve finer than silk—a sieve with 40,000 openings to the square inch—you have portland cement. But these are only a few of the more than 80 operations in manufacture. To supply the power necessary for one of the large cement plants requires a generating station capable of serving the homes, lighting the streets and operatN ing many factories in a city of more than 150,000 popv ulation. i Into every dollar’s worth of cement the manufacturer puts four times as much power as goes into the average dollar’s worth of factory products the country over. Today, in all corners of the United States, 120 plants are working steadily to supply tfie • country with cement. Full power is on. * PORTLAND CEMENT ASSOCIATION . Merchants bank Building 9 INDIANAPOLIS cA National Organization \ to Improve and Extend the Uses of Concrete

De* Mouta* Detroit Helen* XfKli&ft&poJut Kutwu City

Atlanta Bmcob Chicago DflkJLlM Dmmnmp

took over the management of theaters situated at the posts and undertook the handling of all entertainment and recreational phases of soldier life. This enable officials to eliminate objectional and mediocre plays entirely and to substitute In their stead first-class attractions at a price 50 per cent lower than charges In the average theater. During 'the six months ending Jan. 1, 1923, 9,514 shows were staged at army posts. Thi*‘ was theAest period and criticisms wert invitea from all branches and ranks of the service. Only 6 per cent of the audiences offered adverse criticism and the majority of the complaints had to do with minor mechanical defects rather than the quality of the offerings. The Cearlng house for all shows and pictures is the United States Army building, 39 Whitehall St., New York. Evansville Expenditure* The public service commission today authorized the Southern Indiana Gas and Electric Company of Evansville to issue and sell a total of $350,000 in securities to reimbu-se the compajfy’s treasury for capital expenditures in connection with the recent purchase of the Mt. Vernon Electric Light and Power Company. Judge Anderson Home Judge Albert B. Anderson of Federal Court, who returned today from a trip in New England, wag'ln court today. He Intends to go to his summer home at Burt Lake, Mich., In about a week. Judge Makes Sale Award BUFFALO. July 24.—Judge Knox In the Federal District Court has awarded the sale of the Willy-Over-land common stock to Thomas H. Tracey, representing Ohio interests.

Lot Angel** Milwaukee Minneepoli* New Orfeeiw New York

Parkersburg Phili.ielphi* Pittsburgh Port lend. Ore*. Salt Lake City

Sen Fvandsc* Smcclc St. Louis

THE Wm. H. BLOCK CO.

BliM THt basement store

Again Wednesday~We Otter Women’s and Misses’ DRESSES $16.75 Up to $25.00 TiV Qualities for Vv ■ f A clean-up sale of all y \ I our broken lots of Can- \ \ \ ton Crepes, Embroid- 1 \) \ ered Cantons, Fru Fru ns'~u Silks, Crepe de Chines, u 4 Tricoshams, Sports ® Silks, Alligator Crepes and Georgettes. Many charming styles—beaded, hand embroidered and the new tiered models. Suitable for afternoon, street, office and general wear. Colors include almond green, black, navy, brown, gray, novelties and cocoa. Sale 500 Gingham Porch DRESSES In Regular and Extra Sizes $1.19 Wednesday H 1 i Fast color ginghams, several size checks to choose from, in all wanted colors. Attractively trimmed with fancy collars, cuffs and sash ties. Princess Slips Sizes 36 10 44 Os good quality sateen, in navy, black, brown and white.

Domestics —Beddings

UNBLEACHED SHEETING MUSLIN— *l7 40 inches wide 1 4 C BLEACHED MUSLIN— Yard wide, nainsook finish; 22c 17 quality IIL BLEACHED SHEETS—BIx 90 inches, center seam, neatly hemmed (no phone orders). extra QCe special ' vuv DIMITY CHECKS AND STRIPES —Neat desi&ns. specially priced WHITE INDIA LINON— Sheer quality for waists, dresses and lin- | 7 ing; extra quality . .1 1 C WHITE OUTING FLANNEL heavily fleeced; IF 19c quality IDC

DAVENPORT PADS— Standard size, 20-lb. weight, all cotton layer felt, filling, attractive coverings; $7.00 quality, 2*!?. $4.98 FEATHER PILLOWS—I7x 24 inches, filled with new screened feathers, attractive art tick coverings; $1 quality, each OyC MATTRESSES Standard size, 45-pound weight, filled, with cotton felt, built up In layers, coverings 11 blue, tan or gray, rolled edge; i flr* sls quality at. jlpl i.jJ MATTRESSES Standard size, all cotton felt filling, 45-pound weight; good, serviceable coverings m blue and tan; sHfl*O QQ quality, special.. tPO.”O

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