Indianapolis Times, Volume 35, Number 74, Indianapolis, Marion County, 7 August 1923 — Page 11

TUESDAY, AUG. 7, 1923

MARKET DISPLAYS i ITS CONFIDENCE IN NEW RESIDENT Renewed Strength in Steel i and Other Industrial Leaders Marks Trading, The WALL STREET JOURNAL NEW YORK. Aug. 7.—With Wall Street confident regarding President Coolidge's ability to handle the domestic situation with a firm hand, attention of the financial community was turned at the opening of the exchange today toward developments abroad. Nothing happened over night to cause a change view regarding the reparations question and stocks showed a strong tone in the early dealings, with a number of industrial leaders scoring further progress on the recovery. First Hour After a period of hesitancy in the first half hour in which American receded a full point and other industrial leaders fell back fractionally, the general list developed renewed strength toward 11 o'clock, with Steel common touching its best price on the movement, while New Vork Central led the rails in a further recovery, which was featured by better action among the Northwestern issues. Baldwin, among the equipments, also moved ahead after reacting in the early dealings. Second Hour \ Price movements in the late morning gave additional testimony that the line of least resistance was no longer bn the declining side. Although njtocks had dropped to the year's lows op news of President Harding’s death, the ease with which they rebounded brought to light the decided .scarcity of offerings. Around noon short covering became more urgent and naary leaders touched the best prices jreached in two weeks. Among those to advance sharply was Amesican Jiocoirfotive. Noon Hour Sentiment in the speculative community as evidenced by the turn of events during the day turned more Dullish in the noon hour as many big traders, who had had a bearish position of lengthy duration, switched to the bull side, believing it short-sighted to ignore the technical possibilities contained in the market's oversold condition. Professionals met with little or no success in forcing liquidation, due to the market’s sound technical structure. Fourth Hour t While activity in the early afteroon was at slightly lower levels, rice recessions were few, most active issues maintaining their earlier showed a decidedly improved tone. Corn Products, Studebaker and Can, like Steel, went into new high ground on the current recovery', stabilizing many of the other market favorites which had not kept step with the forward progress of leading favorites. By 2 o'clock the condition of the market was regarded as extreme ly favorable. Closing Hour Early in the last hour a period of sluggishness developed, but little momentum was gained, as day-to-day traders found that no selling was forthcoming, despite the attractive levels prevailing. Asa result many professionals began to retire their short contracts and the closing min--■artes of the session found the whole fist in the midst of rally of no small proportions. Rails came prominently into the late trading, leading issues Scoring substantial gains. Twenty active industrial stocks on Monday averaged 88.51, up 1.31 per cent. Twenty active rails averaged 78.02, up 1.24 per cent.

Local Bank Clearings Indianapolis bank clearings Tuesday were $3 5-8.000: bank debits were $5,378,000. New York Money Market Bjj Vnited Financial *BEW YORK. Aug. 7.—Time money quiet. Demand was light and very little money Most loans were lor ninety days at per cent. Renewals at 5H per cent Commercial paper market quiet. Rates Steady. 5 per cent 'for prime names. 6% for other names. Bulk of busines at 5 % per cent. Foreign Exchange Bv Vnited financial NEW YORK. Aug. 7.—Foreign exchange Opened irregular. Sterling, demsnd. $4.56: S4 56U Francs, demand. 5.74 c: cibles. 5.74 He. Lire, demand. 4.31 %e: gables. 4.31 He. Belgian, demand. 4.54Hc sables, 4.55 c. Marks. 3.000,000 to dollar. -£eeho. demand. 2.83 He: cables. 2.94 c. Swiss, demand 18.07 c cables 18 09c. tiilders, demand. 39.35 e: cables. 39 38c. setas, demand. 14.04 c: cables. 14.04 c. r eden. demand. 2652 c; cables. 26 56c. IPway. demand. 16.25 c: cables. 16.29 c. __nmark. demand. 18.31 c: cables. 18.35 c. TENDENCY TO ADVANCE ~ MARKS CURB TRADING Prairie Oil and Gas Jumps Almost ~ Ten Points—Mines Quiet. Bv Vnited Financial NEW YORK. Aug. 7.—The forward movement in the more important of "the oil issues featured the dealings on the curb market in the second half Os the session today. - Prairie Oil and Gas led the rally, With a gain of 9% points, to 182, compared with an opening of 172%. Vacuum was up 1, at 44, and Indiana nearly a point, at 51%. v The industrials, as a whole, were jgulet, but a notable exception was Peerless Motors, which picked up 5 points, to 37%, from 32%. Reading Coal in the afternoon gained a point to 46%. Glen Coal was ft* The mines continued to reflect the Waiting attitude of the pools, but it, was forecast that important moves are in the making. The board of governors of New York curb market have adopted a resolution Authorizing John W. Curtis, president, ito suspend trading temjforarily Wednesday during services at Washington for the late President, Warren G. Harding.

New York Stocks (By Thomson & McKinnon) —Aug. 7

Railroads— Prev. High. Low. 1:45. close. Atchison ... 90% 9614 9614 96% B * O 48 47% 48 47 Can Pae ...145% 145 146% 145 C & O 60 59% 60 59 C & N W Ry 63 63% 63 62 Gt North pfd 54% 53% 54% 63 Lehigh Val. . 60 % 60 % 60 % 63 N Y Cent... 97% 97% 97% 97 North Pac... 56% 56 56% 65% Pere Marq.. 41% 40% 4l % 40% Reading 75% 74% 74% 73% South Pac .85% 85% 85% 85% St Paul pfd. 26% 25 26% 25% Union Pac . 127 126 127 126 Wab pfd..'.. 26% 25% 26% 25 Rubbers— Kelly-Spgfld. 31% 31% 31% 31% Equipments— Am Car Fdy 160% 158 160% Am Loco . . 74 % 72 % 74 % 73 % Baldwin Lo. 114% 112% 114 113 Gen Elec... 173% 173% 173 Lima L0c0... 62 61% 62 61 Pullman ... 114% 114% 113% West Elec ..57 56% 57 56 Steels— Bethlehem . . 48 % 47 % 48 % 47 % Crucible .... 62 61 j 62 61 Gulf States.. 71% 6971% 70% Rep I and S. 44% 4 4 44% 44 U S Steel ... 89% 87% 88% 88% Motors— Chand Mot. . . 49% 48% 49% 48% Gen Motors.. 14 ... 13% 13% Max Mot A.. 40% 39% 40 48% Studebaker .103% 102% 103% 103% Stew-Waraer. 86% 85% 86 85% Timken .... 37 % ... 37 % 37 % Coppers— Amer Smelt.. 56 % 56 56 % 66 Anaconda ... 40 39 % 40 39 % Kennecott ... 33 % 33 % 33 % 33 % Oils— Cal Petrol... 19% 18% 18% 18%

CHICAGO GRAINS CLOSEIRREGULAR Wheat Higher, Corn and Oats Largely Unchanged, By United Financial CHICAGO, Aug. 7.—Grain prices closed irregular on the Chicago Board of Trade today. Wheat closed higher, while corn and oats were unchanged to higher. Trading in wheat throughout the day was of an up-and-down nature. Numerous rallies and dips featured. After the noon rally, which brought on fractional advances, the market set back to its waiting tactics, and as a result one of the dullest trading days in months developed. However, some buying existed among locals who anticipated the Government report would show a bullish condition in wheat—that the condition would be far less satisfactory and the yield smaller than shown in previous announcements. Corn was nervous and irregular. Some buying existed in the September delivery when cash prices showed up stronger. Selling in later months on the rally brought slight recessions. Oats were dull and merely followed the action of other grains. Provisions firmed up at the close after making steady advances during earlier trading. Chicago Grain Table —Aug. 7 WHEAT— Prev. Open. High. Low. Close, close. Sept.. .96% .97% .96% .K 7% .96% Dec.. 1.00% 1.00% 1.00 1.00% 100% Mav.. 1.05% 1.05% 1.05 1.05% 1.05% CORN— _ „ , Sept. .76% .76% .76% .76% .76% Dec.. .63 .63 % 62% .63 .63 Mav.. .64% .65 .64% .64% .64% OATS— Sept. .35% .35% .34% .35% .35 Dec. .37% 37% .35% .37% .37% May.. 39% .40 .39% .39% .39% LARD— Sept 10.75 10.82 10 70 10.72 10.65 Sept.. 8.15 8.27 3.12 8.15 8.00 RYE— Sept.. .63% 64 .63% .63% .63% Dee.. .66% .67 66% .68% .67% CHICAGO. Aug. 7.—Primary receipts: Wheat. 2.948.000 against 2.163.000. Corn, 709.000. against 868.000. Oats. 925.000 against 374 000. Shipments—Wheat. 856 - 000 against 2.319,000. Corn. 436,000 against 893.000. Oats. 730.000 against 537.000.

Grain Briefs

CHICAGO, Auz. 7.—The joint committee meeting of the wheat council of the United States and United States Chamber of Commerce has been postponed from Aug. 10 to Aug. 13. The sovemment crop report to be issued Tuesday afternoon was expected to show a material reduction in the condition of spring wheat. Farmer# generally are not disposed to sell new com at the present low price, but are showing a willingness to flood the market with old stocks. Incorporation of the United Farmers' Wheat Pool. Ltd., under the Canadian stock company act, was announced Monday. The continued weakness in oats is attributed to the belief of buyers that premiums are too high. Farmers of Nebraska believing they can add at least 30c a bushel to wheat by feeding it to hogs, are holding their newlythrashed stocks on farms.

Produce Markets

INDIANAPOLIS. Aug. 7.—Fre*h eggs. 23c: packing stock butter. 26c: springs. 1% to 2 lbs.. 28c; fowls, straight. 21c; fowls, under 4 lbs.. 18c: leghorns. 25 per cent discount; cocks. 10c; young tom turks. 28c: young hen turks. 25c: ducks, 5 lbs.. 12c: spring ducks. 21c: geese. 10 lbs. up, 10c: squabs. 11 lbs. to dcz., $4.50. Indianapolis creameries are paying 37c a lb. for butter CLEVELAND, Aug. 7.—Butter—Extra in tubs. 45@47c; prints. 47@48c. firsts. 43% @44%c; packing stocks. 31 @33c. Eggs —Fresh gathered northern extras. 31 He: Ohio firsts, 32%@34%c: western firsts, new cases. 26 hie. Poultry—Heavy fowls, 25@26c; light fowls. 18@20c: cocks. 17@ 18c: broilers, 35c: ducks, springs. 22c Potatoes—Virginia cobblers. 50.50 per barrel; $4.25 @4.50 per 150 pounds. NEW YORK. Aug. 7.—Flour—Dull and unchanged Pork—Dull. Mess—s24.so @ 25. Lard—Firmer; middle west spot. sll 11.10. Sugar—Raw. dull: centrifugal. 96 test. 6.03 c granulated. 7.90®8c. Coffee— Rio. No. 7on spot, 10% @ 11c: Santos. 12 % @ lac. Tallow'—Dull: special to extra, 6% @6%: city. 5He. Dressed poultry— Steady; turk. rs. 25@42c: chickens. 24® 44c: fowls. 14@30e; ducks. Long Island, 25c. Live poul'ry—Easy; geese. 16c: ducks, 14 @ 22c; fowls 15® 25c: turkeys. 20c: roosters, 16c; broilers, 26@33c Cheese — Firm; state whole milk, common to specials. 18@26%c: state, skims, common to specials. 8® 17c. Batter—Firmer; receipts. 19.331: creamery extra. 43He: special market. 44@44%c> sjate dairy tube. 35®43c. Eggs—Firmer; receipts. 29.650: nearby whites, fancy. 45@ 48c: nearby state whites. 28® 46c: fresh fire's to extras. 27® 35c: Pacific coast, 30 @ 42c: western white, 28 @46c; nearby browns. 35® 43c. Local Hay Market Loose hay—s2l @23. bales S2O @22: teavy mixed hay. sl4 @22: light mixed hay. SIBQ2O. Cloverseed Market Cioverseed was quoted at $7 @l.O a bu in Indianapolis. Money and Cigars Stolen Fifteen dollars and a quantity of cigars were reported stolen from the home of S t.

1:48 Prev. High. Vrs a. m. close. Cosden 32 31% 32 32 Houston Oil . 45% ... 46% 46 Marland Oil. 29% 28% 29% 29% Pan-Am Pete. 60% 59% 60 59% Pau-A Pete B 68% 57% 68 67% Phillips Pete. 22 20% 21% 26 Pro and Ref 31% 30% .31% 30% St Oil of Cal 48% 48% 48% 48% St Oil of N J 32% 31% 32% 31% Sinclair 22% 21% 22% 22 Texas Cos ... 41% 40% 41% 41 Industrials— . Allied Chem. 62% 61% 62 63 Ameri Can.. 88% 87% 98% 87% Am Woolen. .89 % 84 % 84 % 84 % Cen Leather.. 17% ... 17% 1714 Coca-Cola .. . 77 . . . 77 76** Comp & Tab 72 % 71 % 72 % 71 Cont Can.... 46% 46% 46% 45% Fam Players. 73% 72% 73% 73 Int Harvester 74 73%. 74 74 May Stores.. 75 ... 75 74% Mont & Ward 19% 19 19% 19 Nat Enamel. 69 ... 89 Owen Bottle.. 42 ... 42 '42 Utilities— Am Tel & T. 122% ... 122% 122% Consoli Gas.. 61% 6i 61% 60% Columbia Gas 33 % ... 33 % 33 Shipping— Am Int Corp 18% 18% 18% 18 Int MMa pfd 22% 22 22% 22% Foods— Cora Prod 1 20% 119% 120% 120% C C Siur pfd. 37% 37 37% 36% C-Am Sugar.. 25 24% 25 26 Tobaccos— Am Tob Cos. 145 ... 145 i 4RU Tob Prod 8.. 48 48 48 . .

A CORNER —With the — FARMER R y R- WEBB SPARKS ■ -Market Editor of The Times

That reports of black rust damage in the Northwest which have created uncertainty over the wheat production In that territory for some weeks have been found to have little effect on the grain market is generally admitted. Reports ,of frost are now being offered, reports show, as a bull incentive to create a market for American exportable surpluses. Concerning this. H. L. Winters of Thomson & McKinnon, brokers, has this to say: "Black rust having failed as a market factor, possibility of frost in Canada is now being used as a bull incentive. This will probably fall Just as flat as did the black rust talk. The real fact of the matter is that the export demand is frozen, not the wheat. If we can thaw out the foreign consumer sufficiently to create a demand for our product we may succeed In advancing prices, otherwise we must expect an irregularly lower market for the time being.’* In Saturday's issues of tbs New York Journal of Commerce, ten statements made by President Coolldge extending over the past year are reprinted, the last of which pertains to the present situation confronting the farmer and is in brief this: "Opposition to panaceas as a means of solving the farm problem, rejection of price fixing schemes for agricultural products and the adoption of a policy to help the self-reliant farmers to help themselves.’* Marriage Licenses Millard Kinder. 31. 737 Roach; Ruth Reagan. 31. 1836 Oranre G. E Woodruff. 23. 1638 W. Ohio: Martha Bazner. 19. 1403 9. Eaatern. J R Dries. 47. Alexandria, Ind.: Bessie Hlghbaugh. 21. 1309 E. Minnesota. John Couch. 40. 402 Kansas: Mrs. Bertha Bode. 42. 2309 Martindale. G. L. Gahan. 23. 409 N. Liberty; Ethel Spurbeek. 18. 785% Maasaehusetts E. E. Settles, 20, Twenty-Third and Emerson; Opal McLean. 19. Thirtieth and Ritter. L. G. Sylvester. 21, Lafayette. Ind.; Mary Slater. 18. 915 N Capitol. L. G. Gleary. 23. 1338 S. Harding; Margaret Gaughan, 21, 734 W. Moma. Births Girls Alfred and Amelia Backemeyer, 146 E Raymond. John and Daisy Kid well 1609 Shelby. Edward and Blanche Fink. 424 S. Alabama. Carl ard Georgeanna Sharp. 1307 W. Thirtieth. Harvey and Ella Fatout. 609 Coffey Lloyd and Edith Pearce. 326 S Temple. Jake and Lena Wilkinson. 1335 Udell. Ralph and Sarah Markle, St. Vincent Hospital. Chads* and Clara Woods. St. Vincent Hospital. Donald and Marlon Test, St. Vincent Hospital. Frederick and Helene Glossbrenner. Clark Blakeslee Hospital. Thomas and Adele Taggart. Methodist Hospital. Richard and Marjorie Johnson, Methodist Hospital. Harry and Mabel Schrougham, 1879 Shelby. Shelllß and Hattie Moore, 910 N. Miley. Cleo and Esther Walker. 1947 Ashland. Emory and Mae Plummer, city hospital. . Boys Emanuel and Edna Dickey. 925 E. Fifteenth. Donald and Hilda Kistler. 2629 N. Illinois / James and Elisa Wlggaro, 321 W. ThirtyFirst. Garrett and Pearl Llewellyn. Methodist Hospital. Louis and Frelda Coomes. St. Vincent Hospital. William and Alice Dettmar, Clark Blake*lee Hospital. Cash and Mattie Perry, 904 N, Lynn. Virgil and Dorothy Hoogland. 4908 N. Oak. Oti* and Eyelene Weaver. 908 Marion. Earl aid Mildred Steele, 628 Chadwick. Edward and Georgia Golding. 249 S. Keystone. William and Ruth Bailey. 822 Locke. Harry and Leona LeMaster 2277 Hillside Nick and Maiy Liford. 210 Concordia. Marion and Helen Ledbetter 752 Wallace. Clabert and Edna Bryson, city hospital. Hildred and Susie Myers, city hospital. Deaths Virginia Chapman, 8, 1313 Southern, mitral Insufficiency. Alonzo Kepler, 65, 920 N. Alabama, angina pectoris Bonnie Bell, 34, city hospital, pulmonary tuberculosis. Jessie Robbins Stils. 42, 2334 Park, chronic interstitial nephritis. Mary E. Brown. 81, 1731 N. Capitol, arterio sclerosis. Martin B. Sullivan, 56, 9t. Vincent Hospital. septicaemia. Frank F.verett Hardman, 6 months, 421 W. Norwood, influenza. Ralph D. Longmire, 25, 1331 Ketcham, pulmonary tuberculosis. Frances Blinn Croft, 73, 1607 College, arterio sclerosis. Roy Lynn, 6 months, city hospital, malnutrition. • Mary R. Shepard, 68, 937 Lexington, mitral insufficiency. Charles I. Burgan, 63, 234 Blake, paoplexy. Maude Daye, 48, 943 Massach”--“~ carcinoma. Hobart Johnson, 26, city hospital, double lobar pneumonia. James Earl Crumes, 2 months, 940 W. Walnut, acute entero oolitis. Betty Lou Patterson. 6 months. 3307 E. Twenty-Sixth, acute gastro enteritis. John Beaver. 48, 2906 E. Twenty-Second, angina pectoris. Dressed Beef Prices Wholesale selling prices on dressed beef, Swtft tc Cos.; Rib*—No. 2. 20c; No. 8. 15e. Loins—No. 2,30 c: No 3.16 c. Rounds —No. 2. 22c: No. 3.18 c. Chucks—No. 3.4 c. Local Wagon Wheat Local mlll| are paying 87c for new No.

THE INDIANAPOLIS TIMES

COST OF NOGS IS ADVANCED QUARTER Urgent Shipping Demand Induces Sharp Upturn, Hog Prices Day by Day Aug. 250-300 lbs. 200-225 lbs. 150-180 lbs. 1. 7.5'0@ 7.75 7.75® 8.05 8.05® 8.15 2 7.60® 7.90 B.oo® 8.25 8.26® 8.40 3! 7.60® 8.00 B.lo® 8.30 B.3£® 8.45 4. 7.25@ 7.60 7.650 7.80 B.oo® 8.15 6. 7.35® 7.70 7.75® 8.10 B.lo® 8.25 7. 7.40® 7.00 B.oo® 8.25 8.30® 8.50 The average cost of hogs advanced generally 25 cents in trading at the local livestock exchange today, due largely to urgent derftand for outside account, coupled with fairly light mid-week receipts totaling 9,000, inclusive of 756 holdovers. Shippers early established a top of $8.50 for choice selected lights, as compared With Monday’s top of $8.25, at which price some lights sold as much as 40 cents higher than similar grades sold to pickers late on Monday at SB.IO. Some heavy hogs at $7.40 and upward probably were not more than 15 cents higher, while light and medium mixed at $8 .to $8.25 probably were 10 to 20 cents higher. The bulk of sales ranged between $8 and $8.35. Sows and pigs advanced generally a quarter, pigs selling down from $7.75 and sows down from $7. The cattle market was fairly active with prices on good stock tending stronger, while the medium and common grades probably were no more than steady despite a more ready market for this class of stock. Monday's receipts cleared better than usual, leaving fresh receipts for the day’s market and buyers were offering liberal prices for choice steers and prime heifers. Receipts, 1,000. An advance of 60 cents was noted in the calf market in which choice vealsssold up to $11.50, as compared with sll on Monday, while the bulk sold between $10.50 and sll. Receipts, 800. The sheep and lamb market was ac tlve and steady, lambs selling down from sll and sheep down from $6. Receipts, 500. -—Hot* — 150 to 200 lbe $ 8 30® 8 50 Medium 8.00.® 8.26 Heavy 7.40® 7.90 Top 8.60 Pits 7 25® 7.75 Packing sows 6.25® 7.00 Cattlel- - choice steers slo.oo® 11.00 Prime corn-fed steers. 1.000 to 1.300 lbs 9 00® 0 50 Good to choice steers. 1,000 to 1,100 lbs 8.50® 9.00 Good to choice steers. 1,000 to 1.200 lb* 7.50® 8.00 Good 10 choice steers. 1.000 to 1,700 lbs 7.60® 8.00 Common to medium steers. 800 to 1,000 lb# 7.25® 7.50 —Cows and Heifers— Choice light heifers $ 8.50® 10.00 Good light heifers 7.00® 8.75 Medium heifers 6.00® 725 Common heifers 5.00® 0.00 Fair cows 4.00® 5.00 Cutters 2.75® 3.25 Canners . - 2.25® 2.50 —Bulls— Fancy butcher bulls . .$ 5.00® 6 00 Good to choice butcher bulls. 5 00® 6.60 Bologna bulls 8 75® 4.50 ■ Calves Choice veals $10.50 011.50 Good veals . 900®10 00 Medium veals 8 00® 900 Lightweight vesls 7 50® 800 Heavyweight veals 7.00® 7.50 Common heavies 6 00® 7.00 Top 11.60 --Sheep and Lambs— Culls $ 2.25® 3.25 Good to choice ewes 3.00® 0 00 Few choice ismbs . 10.00® 11.00 Heavy lambs [email protected] Cull lambs . . . . , 5.00® 7.50 Other Livestock Dv United Financial CHICAGO. Aug. 7.—Hogs—Receipts. 20,000. market slow, early upturn lost: parkers, refusing to follow advance: top. $8 15: bulk. $6.80@8; heavies, $7.100780: medium. $7.30® 8; light, $7.15® 8 15; light lights. so,Bo® 7.85; heavy packing sows, $5.85® 635 ;packtng sows rough, $5.80® 5.85; killing pigs. $0 2507 25. Cattle— Receipts. 10.000; market uneven: beef steers, yearlings and desirable fat cows and bulls mostly steady to strong; lower grades and she-stocks canners and cutters weak to 15c lower: vealers quality considered 50 to 760 higher: bulk desirable veals to packers $12012.50; few hand-picked up to sl3; top matured steers. sl2 weight. 1,452 pounds; bulk beef steers, $8.50® 11: numerous loads $9.50® 10.00: bulk bolorna bulls. $4 04(10: stockers and feeders at ly. Sheep and lambs—Receipts, 14.000; market fat lambs and feeders steady to strong; others and sheen steady; best Western lambs to packers. $11.50; bulk native, $11.75012: cuils, $8 500 9; feeding lambs. $11.76012.06; medium and handy weights, $506.50: heavies $3.500 4 50 CINCINNATI. Aug. 7.—Cattle—Receipts, 350: market, slowshippers $8.50010 25. Calves—Market, steady: extras. $9.50® 11. Hogs—Receipts. 3.200: market, active, steady to loc higher; good or choice packers. $8.40. Sheep—Receipts. 3.000; market. strong; ertras, ss®o. Lambs—Market, alow steady; fair to good. sl3 013 50. CLEVELAND. Aug. 7.—Hogs—Receipts, 1,500; market. 15® 25c higher: yorkers. $8 5008 00; mixed. $8.50: medium. $8.10: gigs. $7.75: roughs. $5.50: stags, $4. attle—Receipts. 200; market, slow: good to choice bulls. ss® 8: good to choice steers. s9® 10.50; good to choice heifers. s7®B: good to choice cows, ss@B; fair to good cows, s4®s; common cows, $203; milkers s4o® 75. Sheep and lambs—Receipts. 300; market, steady; top, $12.50; Calves—Receipts. 200; market, steady; top. $13.50. PITTSBURGH, Aug’. 3.—Cattle—Receipts, light: market, stoady; choice. $10010.75; good. $8.0009.76; fair, $7.5008: veal calves. sl2 @12.50. Sheep and lambe—Receipts. light: market, steady: prime wethers, $7.26 0 7.50; good. $6.25@0,75: fair mixed, $5 0 5.75: lambe. $7 013. Hogs—Receipts, 10 dd; market, higher; prime heavy, $8.15 @8.26: mediums. $8.9009; heavy yorkers. $89009. light yorkers, $8.6008.75; pigs, $80826. roughs, [email protected]; stags, $3 @3.50. EAST BUFFALO, Ang. 7.—Cattle—Receipts, 675; market slow, steady; butcher grades, $8 @9; cows, $3 @8.60. Calves— Receipts. 475; market active, steady; culls to choice. s3® 12.60. Sheep and lambs— Receipts. 600; market active, steady; choice lambs. $12®12.50; culls to choloe. sß® 11.50; yearlings, [email protected]; sheep, s3® 8.60. Hogs—Receipt*. 4,480; market active. 25036c* higher; Yorkers, $8.2508.80; pigs. $8.25; mixed. [email protected]; heavies, [email protected]; rough. $606.26; stags. $4.50@5.

Business News

WASHINGTON, Aug. 7.—Department of Labor says harvesting in the winter wheat Btates from Texas to Nebraska is practically completed. It Is expected that harvest will be completed in western Nebraska this week. In South Dakota thousands of men are being released and directed to North Dakota and Minnesota. Aberdeen (S. D.) office supplied two thousand men on one day's notice to come to southwest section of North Dakota. Minnesota is in midst of harvest. Montana prospects are favorable for a good wheat crop. NEW YORK—Mtxwell Motors for the six months ended June 30. 192r<, reports net profit of $3,072,632, after taxes, insurance, depreciation and accruals for all known liabilities. NEW YORK—Anthracite operators say they can see no reason for calling an extra session of Congress in case operators and miners fail to reach an agreement on new wage contract and a suspension results. YOUNGSTOWN—President J. A. Campbell of Sheet and Tube and President T. J. Bray of Republic Iron and Steel are working on plans to, eliminate the twelve-hour day. Sheet and Tube probably will start establishment of shorter day in its blast furnace department as early as next week. Reduction will be made along lines indicated by Judge Gary. In the Cotton Market Bv Vnited Financial NEW YORK. Aug. 7.—The cotton market opened irregular. October 23.86 c, up 11c: December 23.71 c, up lc: January 23.48 e, unchanged; March 23.52 c, off Bc.

Naming Official Beer Tester Job of World's Oldest Juror

By MILTON BRONNER NEA Service Staff Correspondent E r ~~~ m NFIELD, England, Aug. 7. When you kick because you have to spend two weeks doing juror duty, think of the man who has been foreman of a jury for more than thirty-four years—and isn’t through yet! Joseph Weld Is his name, and he is 100 years old. “But still young,’’ he says, "and spry enough to swing my fellow jurors to my way of thinking." Because of his age, Weld doesn’t serve on an ordinary Jury But he is foreman of the Court Leet, an Institution more than 1,000 years old, which flourished in the old feudal days. It has? passed out of existence in most places, but it still survives In this city Os Enfield, close to London, and famous for Its rifle factories. * “We have some real du'ies,” says Weld. "But most of them are jokes. We name a beer tester. This dates back to • the times when 1* was incumbenl to see that beer was of a certain strength and purity. We name a leather tester. This dates back to the days when Enfield was a center for the tanning industry, and when leather had to be stamped by the leather tester to show that It came up to requirements Os course, nowadays, these testers don’t go to the breweries and tanneries. But all the other formalities of the old laws are still observed.’’ Weld was born in 1823. but looks

FUNERAL TRAIN BEHIND TIE (Continued From Page 1) sire to pay the full measure of Its homage to the late President, is a source of serious annoyance and regret to Mrs. Harding. No Help for Delay She had wanted the return to Wash ingtn to be made in full daylight. In the early afternoon before the evening shadows fell across the lawns of the White House, to which all that is mortal of Harding now is being taken for the last time. But, apparently there was no help for the loss of time. It all began with the mishap at Chappell, Neb., Sunday, when a tire came off the driving wheel of an engine. Since then bad luck appears to ha\*e dogged the special, which up to that time had been running well on schedule. It has never been on schedule since; In fact. It has been losing steadily. Hours were lost In Chicago late yesterday when a brake-beam broke Just outside the city, a hot box developed and no arrangements had been made to provide ice and water for those of the funeral party on the train. In addition, failure of the Chicago police to keep huge crowds off the track, forced the train, once it did get started, to worm Its way cautiously through'the throngs. It ran very slowly for more than an hour after getting under way, and once It was brought to a sudden, Jarring stop Just In time to avoid hitting an individual In the crowd who ventured upon the tracks in the engine’s path. Excessive Speed Banned Desire on the part of Baltimore & Ohio officials to make up some of the lost time was handicapped by Mrs. Harding’s ban on excessive speed, as well as by the vast throngs that grew In number as the day waxed until slower and slower time was made, that every one might have an opportunity to catch a fleeting glimpse of the flower-strewn casket in the rear car. These people twice before had sent Mr. Harding to Washington, once as Senator and again as President. They sent him then with plaudits ringing in his ears; but today, his third and last Journey, they sent him cold In death and their only tribute was silence more eloquent than any words In which they might have tried to phrdse their sorrow. Every Ohio village along the line sent its full quota to wait long hours until the special drew Into sight. They showed the full measure of their loyalty as they waited in the cold darkness, three, four and five hours, without a sight of the train. To Rest In East Room Unless further inordinate delays develop, arrangements made for reception of the remains at Washington and the simple cortege to the White House will be gone through with. The body will rest tonight in the East Room of the White House and will be transferred tomorrow to the Capitol rotunda. A delegation of 200 citizens from

Proclamation WHEREAS, it has pleased Almighty God, In his inscrutable and mysterious way, to call to his final reward the beloved and lovable Chieftain of this Nation, Warren Gamaliel Harding; and, WHEREAS, the people of our great State feel a genuine and personal loss in the death of this illustrious citizen and kind-hearted neighbor; and, ..,. WHEREAS, the President of the United States has Issued a proclamation to all the people asking a fitting observance of the day on which the body of our dearly beloved leader will be reverently laid in its final resting place; THEREFORE, in accordance with this request and representing the people of Indiana I do hereby designate Friday, Aug. 10, 1923 as a day of general mourning and prayer throughout the State, and ask that insofar as possible all work cease and all business be suspended. Let the people assemble in their respective places of worship to give thanks for the fine example of his life and for his valued precepts which will live on and on. Let us reaffirm our faith in the tenets of Christianity and our loyalty and devotion to our country and Us fundamental principles of Government. Let us show by our actions, as well as our expressions that we realize the irreparable loss the Nation has sustained in the passing of our great Executive; and that humanity has lost a true and devoted friend, who stood for perpetual peace, for fearlessly and resolutely, with deep conviction and understanding of humanity and its needs, he charted a course for the peace and happiness of the world. I also direct, as a mark of respect to the memory of our late President, that the National flag be displayed at half-mast over all public buildings and in all places under the jurisdiction of the Governor of Indiana until the going down of the sun on Monday, Sept. 3, 1923. In witness whereof I have hereunto set my hand and caused the Great Seal of the State of Indiana to be affixed. Done at the city of Indianapolis on the Seventh day of August, in the year of our Lord, One Thousand Nine Hundred and Twenty-three, and of the Independence of the United States, the One Hundred and Forty-Eighth. WARREN T. McCRAY, g Governor of Indiana.

if rH Kremari of a ,Turu .for 35 -yedw v JOSEPH WELL scarcely 65. He smokes and drinks wine, he says.

Marion, the late President’s home town, met the funeral train at Willard. The group included close friends of Mr. Harding and relatives. Dr. Sawyer Jr., who had boarded the train in Illinois, left hla coach and hurried by automobile to Marion to complete arrangements for the burial Friday afternoon. En route from Chicago, he had discussed funeral plans with Mrs. Harding. Brigadier General Sawyer appeared on the platform and said Mrs. Harding was bearing up well under the strain of the long gruelling trip from the coast, and that she had rested well during the night. OVATION OF MOURNING Tribute at Chicago Greatest in History of ‘Second City.* By United Prrs CHICAGO, Aug. 7.—Chicago’s ovation of mourning for the late President Harding passed Into history as the "second city’s" greatest ptribute today. A crowd, railroad officials and police estimated at one and one-half million persons, stood in reverence as the presidential funeral train passed through late yesterday. Airplanes circled over head dropping huge wreaths; guns boomed in salute, church bells tolled and the mourners themselves were so dense that it took the train three hours to get through the city. It took the combined efforts of soldiers, rail employes and Chicago police to clear the route.

PAVING INQUIRY CONTINUES TODAY Contractor's War Charge Brought Into Hearing, Additional charges that a contractors' war Is behind opposition of property owners on Twenty-Ninth St., between Capitol Ave. and Riverside Park, were expected to be made today as the board of works took up further consideration of accepting the Twenty-Ninth St. pavement. Frank Meld, 538 W. Twenty-Ninth St., who circulated the petition remonstrating against acceptance of the pavement, late Monday denied he was In league with other contractors, attempting to embarrass the Mansfield Engineering Company, contractors. Frank Foltz, 450 W. Twenty-Ninth St. presented a bucket of loose concrete and grave! he testified he scraped from the concrete base two days after it was laid. Other property owners testified that stood “an inch deep" on the asphalt street surface during recent rains. Raw Sugar Market Bu United Financial NEW YORK- Aug. 7. — The raw eur&r opened higher. September. [email protected]: December. 4.0204.03 c: March. 3.42 c: May, 3.47 bid. Local refiner bought 3.500 ton* of Cuban raw sugar tor prompt shipment at 4 %c c. ands,

THEWmELOCKC?

STORE CLOSES SATURDAY AT 1:00 O’CLOCK Savings of Huge Proportions Are Here in Our August Clearance Sale of Women’s Pumps and Oxfords -

Plenty of Satins Plenty of Patents of Sport Oxfords

Our Entire Remaining Stock of Misses’ and Children’s Pumps and Oxfords 53.00 and $6.00 Qualities $1.49 —Patents —Brown Calf —Tan Calf —Black Calf

BUM THE BASEMENT STORE

Beddings—Domestics

BLEACHED SEAMLESS SHEETS — Os heavy round thread sheeting. 81x90 Inches ..91.22 ‘ 72x90 Inches.. ,91.10 UNBLEACHED SHEETS Center seam; 91.00 quality I Z/C BLEACHED SHEETING —yards wide; heavy firm thread; 55c A A quality 44C HEMMED PILLOW CASES — Os soft heavy thread muslin. 42x36 Inches :25C 40%x36 Inches ...22<t COMFORT CHALLIS — Yard wide; medium and dark colors; floral and Persian pat- | n terns. Special 1 1 C

Men’s $1.15 Shirts Sale (3 for Price $2.00) Reduced in price because some are slightly mussed or soiled from display; broken lines of collar attached and neckband styles; of percales and printed madras; sizes 14 to 17.

MEN'S ATHLETIC UNION SUlTS—Sizes 34 to 46; of pin checked nainsook, round neck, elastic an Insert back; 69c quality T*JC

MEN’S BATHING SUlTS—Sizes 36 to 44; one piece; navy and jy| red; 69c quality .... “HrC

Hosiery Specials

WOMEN'S BUSTER BROWN AND GORDON HOSE —Sizes 8% and 9; brown; reinforced; | £ 25c quality lOC

CHILDREN’S BUSTER BROWN ROLLED TOP SOCKS —Sizes 6 to 9%. Os mercerized lisle and lombed yarns; black and brown; 19c | /\ and 25c qualities

Our Remaining Stock of Women’s White Pumps and Oxfords $0.45 Practically All Sizes in the Lot

UNBLEACHED MU 8LIN—4O inches f n wide. 25c quality... I/C WHITE INDIA LINEN— Smooth finish. | r Extra special lOC WHITE OUTING FLANNEL—Heavy and fleecy; twilled weave. 22c qual- ■■ >7 Jty ...i 11 C COMFORT BATTS— White, open up in one sheet for full size comfort. $1.25 qual- 9§C FE ATHERPROOF TICKING—32 Inches wide. 45c qual- 29c

MEN’S SUSPENDERS —Wide and narrow webbing; light and dark colors; matched leather on ends; 600 quality .....0/C

WOMEN’S HOSE—Sizes 8%, 9 and 9%: reinforced; black, brown and white. Seconds of our s n 25c quality IUC

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