Indianapolis Times, Volume 35, Number 95, Indianapolis, Marion County, 31 August 1923 — Page 17

FRIDAY, AUG. 31, 1923

FURTHER RALLYING POWER OF STOCKS HEARTENSTRADERS Initial Selling Is Readily Absorbed and Sharp Recoveries Take Place, \ SPECIALTIES LEAD LIST Willys - Overland -Preferred Takes Sharp Upswing as Does Hendee Mfg. The WALL STREET JOURNAL NEW YORK, Aug. 31.—1n view of the strained relations between Greece and Italy and the probability of a suspension of anthracite production at midnight, stocks acted well in the early dealings on the stock exchange today. Davidson Chemical had an abrupt drop of 3% points, but this was not unnatural, taking into consideration the extent of recent advances. Among the industrial leaders the decline was more orderly. Baldwin dropped a point, but losses in Stjjel, Studebaker and Can were fractional while rails continued to display a tone with Northern Pacific First Hour Stocks steadied after the initial selling had been absorbed and a rallying tendency ensued throughout the list. With the speculative leaders stronger, pool operators were encouraged to resume activity in their favorites and a number of sharp advances took place in specialties. Willys-Overland preferred. which was reported to be under the same auspices as Davison Chemical, emulated the latter's precedent by spurting five points on light sales and Hendree Manufacturing was anothgr prominent specialty to score,* gain of 'several points on a few transactions. Second Hour Stocks developed further rallying power in the late morning and by noon active issues had not only recovered early losses but in most instances were above previous closing levels. This was especially true of the rail list which was stimulated by new highs on the recovery established by New York Central and other standard stocks. Explanation for the sudden uprush of Willys-Overland preferred was found in arrangements made to care for a large block of stock which had been overhanding the market for some time. S Noon Hour Official news of the formal recognition of the Mexican government elctrifle dissues with Important holdings below the Rio Grande in the trading in which Mexican Seascored a four-point gain, Mexican Railways first preferred a 2Vtpoint gain and others substantial advances. At the same time the general market was helped by advices that anthracite miners had provisionally accepted Governor Pinchot's terms, leading to the hope that the hard coal tie-up might be averted. Steel cc\amon sold above 93 and Northern Pacific at 60.

. Fourth Hour Attention In the forepart of the afternoon was focused on issues of companies with holdings below the Mexican border. Pan American and American Smelting & Refining coming onto the tape as traders summed up the result of the Mexican Government's recognitic|; by the United States. Meanwhile the list main tained a steady tone, absolutely Impervious to happenings in the Mediterranean. Improvement in the hard coal strike situation served to improve general speculative sentiment. - Closing Hour • The close of the day's market session found the general list making another display of underlying strength despite its weak opening and the disconcerting factors that had appeared In the course of the day. It was apparent that uneasiness created by Davison Chemical's action on Thursday had been overcome by the steadiness of the whole market in the face of disquieting reports as praceverjs group in the whole list gar led in the late morning rally that opening losses. Twenty active Industrial stocks on Thursday averaged 93.40. off .30 per cent. Twenty active rails averaged 80.01, up .04 per cent. Local Bank Clearings Indianapolis bank clearings Friday were $2,623,000: for the month. $86,430,000. Bank debits Friday were $4,834,000; for the month, $148,185,000. New York Money Market By United Financial NEW YORK. Aug. 31.—Commercial paper steady, but bu : k business 5 per cent. Small volume of names continues at 5 per cent and some at 614 per cent. Time money dull; loans arranged at 5% per cent, all dates. Foreign Exchange By United Financial NEW YORK. Atif. 31.—Foreign exchange closed lower. Sterling, demand. $4.54 H. Francs, demand. 5.58 *4 c. Lire, demand, 4.23HC. Belgians. 4 56HC. Marks. 10.000.000 to the dollar. Czecho, demand, 2P4c. Bwtss. demand. 18.04 c. Guilders. 39.20 c. Pesetas, demand. 13.45 c. Sweden, demand, 26.63 c. Norway. 16.26 c. Denmark, demand. 18.51 c. Raw Sugar Market By United Financial NEW YORK. Aug. 31.—The raw sugar market opened lower: September, 4.40® 4.45 c: December. 4 40®4.42c: March. 3.76® 3.77 c; May. 3 [email protected]. In the Cotton Market By United Financial NEW YORK. Aug. 31.—The cotton market opened steady: October, 24.38 c. up 3: December. 24.28 c. up 2: January. 23.95 c. UP 3; March. 24c. up 3. Cloverseed Market . jLocil dealers aTe paying $7.50@10 a Cashel for cloverseed. Local Hay Market Loose hay—slß® 21 bales. sl7 @2O: light mixed hay. sl7 @2O. Local Wagon Market 1 Local mills and eleyator* are paying 89c kiter No. 2 red wheat.

New York Stocks

(By Thomson It McKinnon) _ , —A us. 31— Railroads— •'At 1:45 Pray. , Hlsh. Low. p. m. close. Atchison 98 97 98 97 4 B. A 0 60 % 49 % 60 49 % •Can Pac.. 143% 143 145% C. St 0 64 63 % 64 62% Bela. A Hud. 110% 107% 110% 108% Qt. Nor. pfd 58% 50% 68% 57 N. Y. Cenf-al 101 99% 100% 100 Nor. Pac 59% 58% 59 Mi 68% Pere Marq... 42% 42% 42% 42% Reading- . 76 • 74% 75% 75% So. Pacific... 88% 87% 88% 89 St. Paul pfd 30% 29% 30% 30% Union Pac.. 132% 130% 132% 134% Wabash pfd. 28% 27% 28% 28 Rubbers— Goodrich Rubs 34% 34% 34% Keliy-Spg 34% 34% 34% U. S. Rubber 43% 43 43% 43% Equipments— Am. C. & Fd. 109 105% 107 106 Am. L0c0... 73% 73% 73% 73% Bald. Loco. . 125 123% 124% 124% Lima Loco.. 66% 60% 60% 66% West. Elec... 5 % ..... 59% 69% Steeis— Bethlehem 54% 63% 53% 54% Crucible 67% ... 67% 67 Gulf States.. 88% 80% 87% 88 Rep I and S 49 47% 48% 48% U S Steel .. 93% 92% 92% , 92% Vanadium ..33% 33 33% ' 32% Motors— Am Bosch M. 37% ... 37 36% Chand Mot.. 53% 53 63% 62% Gen Motors... 5% ... 18% 15% Max Mot A.. 45% 43 * 44% 43% Studebaker .106% 105% 105% 100% Stew-Warner. 90% 90% 90% 90% Timken 38 ... 38 38 Minings— Int Nickel... 13 ... 12% 13 Coppers— Am Smelt... 60% 58% 59% 69% Anaconda ... 40 % 39 % 4040 % Kennecott ... 34 % 34 34 % 34 % OUs— Cal Petrol... 20% 20%. 20% 20 Cosden 31 30% 31 31 Marland Oil. . 30 ... 29% 29% Pan-Am Pete. 62% 60% 62 60% Pan-A Pete B 80% 58% 60% 38% Phillips Pete. 24% 24 24% 24% Pro and P.ef. 25 % ... 25 % 25 % Pure Oil ... 19% ... 18% 19% St Oil of Cal 51 ... 60% 60% St Oil of N J 33 % ... 33 33 % Sinclair 21% 21 21 21% Texas Cos ... 42% ... 42% 41% Industrials— Am. Can... *99 97% ©B% ©B% Am. Woolen 85% 85 85% 86 C. Leather.. 20% . 20% .... Cont. Can ..48% 47% 48% 48% F. Players ..76% 73% 75 74 Gen. Asphalt 30 34% 86 35% Id. Harvester 76 75 70 77 Mont. & W. 21% 21% 21% Nat. Enamel 64% 63% 64% 64% Owen Bottle 45 % .... 45 % 45 S.-Roebuck .82% 81% 82% 82 U. S. In. A. 53%. 52% 53% 63% Utilities— Am. Tel. & T. 124% 124% 124% 1j24% Con. Gan ... 62 % 62 % 62 % Columbia Gas 35 % 35 % 35 % 85 Shipping— A. Int. Corp. 19% ..., 19% 19% Atlantic Gulf 10 .... 16 15% I. M. M. pfd. 25 24% 24% 24% Foods— " Am. Sugar.. 05% 65% 66 Com Prod.. 128% 120% 127% 127% C. £>. S. pfd. 43 43% 43 42% C Sugar 28 27% 28 27% Punta Alegre 52 50% 51% 52 Tobaccos— Am.-Sumatra. 23 22% 23 23% U. S. R Stores 70 % 74% 76%

GRAIN TRADING IS DULL AFFAIR Realizing in Corn Brings Weakness to General Mart, Bv United Financial CHICAGO, Aug. 31.—Trad© was dull with operations in wheat confined largely to changing by elevators and cash interests and considerable realizing inborn on the Chicago Board of I Trade today. Trade in wheat reshifted on account of the uncertain foreign situation and doubt as to the deliveries on September contracts. While Liverpool showed a strong undertone throughout the day, export sales were estimated at only 250,000 to 300,000 bushels which I included some hard winter and Durum wheat. Realizing in corn induced light reali izing in wheat. Oats were dull, but steady and unj cerwent no important change. Provisions met little selling for , profit, although hogs showed further j strength at the close. Chicago Grain Table —Aug. 31— WHEAT*- . Prev. Open. High. Low. Close, close. I Sept.. 1.01% 1.01% 1.01% 1.01% 1.00% Dee. .1.05% 1.05% 1.04% 1.05 1 05% Mav .1.11% 1.11% 110% 1.10% 1.10% CORN—- ! Sept. . .83% .85% .83% .84% .88% Dec- . .68 .08% .67% .67% .67% May . .68% .08% .08% .08% .68% I OATS—- | Sept. . .37% .37% .37% .37% .37% I Dee. . 39 % .89 % .39 % .39 % .39 % | May . .42% .42% .42% .42% .42% ! LARD— Sept. 11.80 11.97 11.80 11.85 11.72 I Sept. .9.00 9.30 9.00 0.12 900 RYE—- | Sept. . .04% .65% .64% .64% .04% -Dec. . .68% .69 .68% .68Vi .68% CHICAGO, Aug. 31.—Car lot receipts: Wheat. 341; corn, 161: oats, 168: rye. 11. ST LOUIS. Aug. 31—Wheat—No. 1 red. 5109: Nrf 3. $1 04<K 1.09: No. 3 $101.06; No 4. 97® 99c: No. 5. 89® 93c: No 1 hard. 51.'21: No. 2. sl.ll l 1.24; No. 3. $1 01 %e: ! No 4. 99®!)9%c: September, $1.01%; De- | cember, $1.05%: May. $1.10%. Corn—No. 1 white. 88@88%c; No. 2. 88®89c; September. 85%c: December. 88%c; May, 08%c. Oats—No. 3 white. 40%@41%c: No. 4. 39%c; September. 37%c. CHICAGO. Aug. 31 —Wheat—No. 2 red. $1.02%: No. 3, $1.00% 01.03: No. 0 hard, $1.03% @1.07; No. 3. 11.0201.05. Corn —No. 1 yeliow. 89@90%c: No. 3.90 c: No. ‘ 4. 88V*c; No 1 mixed. 88%e: No. 2. 88%e; ! No. 3.88 c: No. 6. 87 Vi 4 88c Oats —No. 3 white. 37% ® 39c: No 1 white. 85%c: No. 2. 88%e; No. 3. 88%e; No 0, 87%0. Barley—sß® 08c. Timothy—[email protected]. Clover—slo @ 19. Grain Briefs • CHICAGO Aug. 31.—a/i United Staten grain, stock and commodity exchanges, banks and business houses will be closed on Monday. Sept. 3. Labor day. The Winnipeg market will open. Estimates on wheat deliveries on September contracts due Saturday are for 4.000.000 bushels: rye, 1,000,000, and oats, 300,000.000. Membership on the Board of Trade has been sold for $4.15, net $l5O above the previous sale. Cash Interests are buying September and selling December wheat at 4%e difference, while the September-May spread is 10 %c to 10 % <5. Grain traders are disposed to go slow on both sides of the market until after the Labor day holiday on Monday They wish to see the extent of the deliveries of cash grain and how they are taken before going far oti either side. Should they fail to pass luto strong haeds. lower prices are expected. There also will be the effect of the big accumulation of receipts over the holiday to contend with, and the impression is that grains are a sale on bulges. A more mixed feeling exists among corn traders. Several who turned bearish around the recent top have pitched to the long side the last few da?fc. They say cash values have held better than expected and lielleve the big run of corn is over for the present. Dressed Beef Prices Wholesale eel'lng price* on dressed beef. Swift St Cos.: Rib#—No. 2. 21c: No. 3.17 c. Loins—No. 2. 32c; No. 8. 27c. Rounds— No. 2,22 c: No. 3.18 c.

HOGSAGAINNEAR TEN DOLLAR MARK Prices Advance 5 to 15 Cents Despite Large Run, Hog Prices Day by Dr Aug. 250-300 lbs. 200-225 lbs. 150-1 80 lbs 25. 9.000 9.25 9.50® 9.00 9.75® 9.85 27. 9.00® 925 9.35® 960 9.05® 980 28. POO® 9.36 9.40® 9.70 0.75® 990 29. 9.00® 9.25 9.30® 9.00 9.65® 9.85 30. 9.00 ® 9.25 9.80® 9.50 9 00® 9.75 31. 9.00® 9.35 9.40® 9.05 9.70® 0.90 Heavy receipts probably kept hog prices from touching the $lO mark In trading at the livestock exchange today as prices advanced 5 to 15 cents to a top of $9.90 for selected lights m the face of a run of 12,000, Inclusive of Thursday’s carryover, which totaled 3,633. Lights showed a general advance of 5 to 10 cents selling from $9.70 to $9.90; mixed gained about an equal amount at $9.49 to $9.60, though in some instances the advance was fully 15 cents on the light mixed variety, and heavy hogs were unevenly higher at $9.35 down, some Instances having been found in which the prices paid for 300 pound hogs were believed fully 15 cents higher. Prices for pigs, however, did not reflect the general advance, selling down from $9.25 while sows remained about steady at $8.25 down for the light variety and $7.25 down for the heavier grades. The cattle market was extremely dull, due to exceptionally light receipts of 200 and trading was done at generally steady quotations. Chauncey H. Clark of the commission firm of Gillespie, Beck & Clark, late on Thursday established anew 1923 record price for steers, disposing of a load of thirty-one head that averaged 1,364 pounds at $12.75. The steers, the choicest received at the yards this year, so traders agreed, were raised hy Thomas and W. A. Carithers of Gibson County. The calf market was quotably strong to 50 cents higher, with choice veals commanding a top of sl3 and the bulk sl2 to $12.50. Receipts, 500. Medium grades of lambs took a jump of 25c, though the top price for the choice variety remained unchanged at $12.50, while sheep sold steady at $6 down. Receipts, 600. —II or* — 150 to 200 lb# $ 9.70® 9 90 Medium 9 40® 9 65 Heavy 9.00® 9.35 Top ©9O Pigs . 8.75® 9.25 Packing sows 7.23® 8.25 —Cattle— Few choice steers $10.50® 12.75 Prime corn-fed steers, 1.000 to 1.300 lbs 9.00® 9.50 Good to choice steers. 1.000 to 1.100 ibs 8.50® 0.00 Good to choice steers. 1.000 to 1,200 lbs 7.50® 800 Good to choice steers. 1.000 to 1,700 lbs 7.50® 800 Common to medium steers, 800 to 1.000 lbs 7.55® 7.60 —Cows and Heifers— Choice light heifers $ 8.00010.73 Good lightweight# 7.26® 9.00 Medium heifers 6.00® 7.25 Common cows 5 00® 600 Fair cows 6 Oo® 7.60 Cutters 2.75® 3.25 Canners 2.23® 3.75 —Bulls— Fancy butcher bulls $ 5.00 ® 5.50 Good to choice butchrr bulls. 5 00® 550 Bologna bulls 4.50® 5.00 Choice veals . . ,T 7. . . $12.00® 13 00 Good eals 11.00® 12.00 Medium veals 7.00® 10.00 Lightweight veals 7 60® 8.00 Common veals 7.00® 7.50 Common heavies 6 oO@ 7.00 Top ...... 13 00 —Sheep and Lambs— Culls $ 2 25® 3 25 Good to choice ewe* 300 ® (TOO Few choice lamb* 11 00<u 12.50 Heavy lambs 10 00 311.00 Cull lambs 5.00® 7.50

Other Livestock By United Financial CHICAGO. Aug. 31.—Hogs—Receipts. 1 31.000; market. 15 0 25c higher: top. $0 60: ; bulk, $7.8009.40: heavyweight. $8.15@ ! 0.30: medium. $8.75*9.60: light. $8.1044 9.60: light lights, $7 9009.55: heavy packu’g. saj.ioth. $7.35 @ 7.00; packing sows, rough*s7,2s 0 7.35; killing pigs. $7,500 0.25. ’Cattle—Receipts. 3,000: most killing classes generally steady; largely short feds, native gvassers and southwest offerings; best j rteers, $11.35 mixed yearlings, steers ami heitprs. $11.40: numerous sales at $8.26 @ 11: veals steady, bulls. Stockers and feeders j steady to weak: bulk of vsalers to packers. $10.60® 11. Sheep—Receipts. 14.0ut); killing classes generally steady; feeding lambs 1 strong, bulk of fat western. $13,250 13.30; | top to shippers. $13.60: natives mostly $12.50*13; culls largely $0.60010; bulk of fat ewe*. $5.73*7; feeding lamos, generally j $13.50 @13.60. EAST BUFFALO, Aug. 31.—Cattle —Re- ! feints. 800: market, very slow to 23c lower: shipping steers. slo®. 10.50: buteher grades, sß*9; rows, $2.5000.60. Calves—Receipts, 1.000. tnarkst. active to 000 lower culls to choice. $3.50*14. Sheep and lambs—Receipts, 3.000: market. active, steady: choice, lambs. $13*14 culls to eltbiee, $8012.50: yearlings. $7015.60: sheep, s3'(i f!. Hogs—Receipts, 8,000; market. slow, steady: yorkers. $9 50® 10; pigs. $9.50: mixed, $9 7600.90: heavies. SOO 9.30; rough, $6.500 7: stags. $4.2305. PITTSBURGH. Aug. 31.—Cattle—Receipts. light; market steady; choice. $10.50 @11.25: good. [email protected]; fair, [email protected]: veal calves. sl3 013.50. Sheep end lambs —Receipts, light: market. steady; prime wethers, [email protected]: good. $7.50@8; fair mixed, so@7: iamb*. sß@l3. Hogs—Receipts. 17 dd; market. 9teady; prime heavy, $9.25*9 40: mediums. $10010.20: heavy yorkers, $10010.20. light yorkers, $9.50(0 10; pigs. [email protected]; roughs. $7.85; stags. $3.50 @ 4.25. CINCINNATI, Aug. 31.—Cattle—Receipts. 800 market, slow, steady; shippors. $8.50 @10.50 Calves—Market, steady; extras. $lOOl2. Hogs—Receipts, S.iMJO; market, steady to 10c lower; good or choice packers, $9.90 @lO. Sheep—Receipts, 3.000: market, steady; extras, ss@6. Lambs—Market, slow to steady: fair to rood. [email protected]. CLEVELAND. Aug. 31.—Hogs—Receipts. 2.600; market, active: yorkera. $lO mixed. $10: mediums. $9.5009.75; pigs. $0: roughs. $6.50; stags $4.25. Cattle —Receipts. 600; market, slow, unchanged. Sheep —Receipts, 1,000: market, active: top. $13.50. Calves—Receipts. 600; market, steady; top. sl3. EAST ST. LOUIS. Aug 31.—Cattle—Receipts. 3.000; market, nominal; native beef steers, $10.25 up; year'ings and heifers, $9.50 up; cows. $5 up; canners and cutters $2.25@3; calves, $10.50 011; stockers and feeders. $4.50 06.50. Hogg—Receipts, 1.000; market, higher; heavy, $8.30*9.26; medium. $9 0 9.50; lights. $8.75 00.76light lights. $8.25@8'.70: packing sows, $7 @7.50. pigs. $7.2509.25; bulk, $9,100 9.65. Sheep—Receipts, 500; market, strong; ewes. $4 08: canners Mid cutters, sl@4; wool lambs, $10.50 012.76. Cash Grain INDIANAPOLIS. Aug. 31.—Total receipts for the day. 108 cars. Grain prices quoted f. o. b. basis, 41 Ho to New York. Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Through billed firm; No. 2 hard, 93@94c; No. 2 red. 94®90c. Corn—Firm; No. 2 white, 82@84e: No. 3 white, 81H @B3Hc: No. 2 yellow, 880 85c; No. 3 yellow. 82H@84e; No. 2 mixed, 81H @B3c: No. 3 mixed, 80H@82c. Oats —Firm; No. 2 white. 30H@38He: No. 3 white. 34® @36c. Hay—Firm; No. 1 timothy. $19.50020; No. 2 timothy, [email protected]; No. 1 clover mixed, $18.50 0 19. —lnspections Wehat—No. 2 rod. 2 cara: No. 3 red. 6 care; No. 4 red. 7 cai-s; No. 6 red. 1 oer; No. 1 hard. 1 car; No. 4 mixed, 1 car; sample, 2 care. Total, 2 5 cars. Corn—No. 1 white. 1 car; No. 2 white. 15 cars H No. 2 yellow. 10 cars: No. 3 yellow. 1 car; No. 2 mixed. 2 cars: No. 3 mixed. 1 car; No. 6 mixed. 1 car. Total. 31 cars. Oats—No. 2 white, 4 cars; No. 3 white. 36 cars: No. 4 white, 12 cars; sample white, - car. Total. 63 earn. Rye—No. 2, 1 car; No. 3, 1 car; sample, 1 ear. Total, 3 cars. Hay—No. 3 timothy, 1 car. Total, 1 car.

THE INDIANAPOLIS TIMES

Produce Markets N

NEW YORK. Aug. 31.—Flour—Firm and quiet. Pork—Steady. Mess—s24.so @25. Lard—Firmer: middle west spot, $13.40® 12.50. Sugar—Raw, firm: centrifugal. 90 test, 0.15 c; reflued. firm: granulated, 7.75 e. Coffee—Rio No. 7 on spot, 10%®10%c: Santos, 13% @ 14%c. Tallow—Firm; special to extra, 7%®7%ct city, nominal. Dressed poultry steady; turkeys. 26®39c; chickens 23® 41c; fowls, 14® 32c: ducks. Long Island. 25c. Live poultry—Steady; geese, 16c: ducks, 14® 28c; fcwltj, 23® 30c: turkeys, 20c: roosters. 14c: broilers. 23 ®3oc. Cnees—Quiet: state whole milk, common to specials, 22 ® 27%e: stats, skims, common to specials. 6® 19c. Butter —Easier; receipts. 7,646; creamery extra, 44® 45c; special market, 45%®46c: state dairy tubs, 37®44%c: Danish, 44'i®46%c: Argentine. 38%@39c. Eggs—Steady; receipts, 14,029; nearby whites, fancy, 55®57c: nearby state whites, 33® 55c; fresh firsts to extras. 28®38c: Pacific coast, SO®4Bc: western white, 33® 55c: nearby browns, 39® 53c. CLEVELAND. Aug. 81.—Butter—Extra in tubs. 48®50e: prints. 49%®50%0: firsts. 47®48%e; packing stock. 80®32%c. Eggs —Fresh gathered northern extras, 85c; Ohio firsts, 33c: western firsts, new eases. 29c. Poultry—Heavy fowls. 27c; light fowls, 21c; cocks. 16®18e: broilers, 32 ®350: ducks, spring, 20®23c> Potatoes—Virginia cobblers. $505.75 per bbl: $4.65 per 150pounds bag. CHICAGO. Aug. 31. —Butter—Receipts. 5.810; creamery extra, 44%c; standards, 43c; firsts. 39®40%c; seconds, 37%®3£c. Eggs—Receipts, 11.545: ordinary firsts. 28 @27 a; firsts, 28 @ 30e. Cheese —Twins, 23% @ 24c! Young Americas. 24%@25e. Poultry—Receipts, 4 ears; fowls, 16®24c; ducks. 23c; geese, 18c; springs, 25c; turkeys. 20c; roosters, 14 %c; broilers. 20c. Potatoes—Receipts, 91 ears; sacked Minnesota Red River Obios U. 9 No. 1, $1.80; Sandland. [email protected]; bulk Wisconsin round white U. 8. No. 1. one car. $2.25: sacked Colorado Irish cobblers U. 8. No. 1, $2; Idaho Rurals. [email protected]. INDIANAPOLIS, Aug. 31.—Fresh eggs. 23e; packing stock butter. 20c; springs. 1 % to 2 lbs. 28c: fowls straight 21c; fowls under 4 lbs. 18c- leghorns 25 per cent discount: cocks 10c: young tom turks 200: young hen turks. 25c; ducks. 6 lbs.. 12c: spring ducks. 21c: geese. 10 lbs. up. 10c: Bquabs, 11 lbs. to doz., $4.50. Indianapolis creameries are paying 42c a lb. for butter fat. Indianapolis Stocks —Aug. 30— Bid. Ask. Am Cent Life .. 200 Am Creosotlng Cos pfd 90 Beit R R com 67 ... Belt R R pfd 52 % ... Cent Bldg Cos pfd 98 ... Cities Service com 133 135 Cities Service pfd .......... 68 06 Clt Gas Cos com 20 28 % Cit Gas Cos pfd 98 ... Ind Hotel com ......100 ... Ind Hotel pfd ....100 ... Ind Nat Life 5 ... Ind Pipe Line Cos pfd 95 99 Ind Title Guar Cos 70 ... Indpls Ab pfd . . 49 Indpls Gas i . 49% 63% Indpls St Northwestern pfd... 85% 46 Indpls & Southern pfd 60 Indpls 8t R R 61% Indpls Tel com 1 ... Indpls Tel pfd 90 .... Mer Pub Util Cos pfd 83% ..X Nat Met Cos 1 4 Pub Sav Ins Cos 13 ... Ranh Fer pfd 60 ... Standard Oti of Ind . 52 64 Sterling Fire Ins Cos 8 ... T K I * E com 1 6 T H 1 St E pfd 10 13 T H Tr and Lt Cos pfd 93 100 Union True of Ind com 1 6 Union Trae of Did Ist pfd. 19 29 Union Trao of Ind 2d pfa... 0 9 Van Camp Prod Ist pfd ...*.. 100 Van Camp Prod 2d pfd 100 Van Coal Cos com 1 5 Van Coal Cos pfd 10 17 Wabash Ry Cos com ... Wabash Ry Cos pfd 27 29 Bonds Belt R 9 Y 4s, May, '30.... 81 Broad Ripple 5s 68 Cit Gas 5s 86% 88 Citizens Gas 7s 99 103 Cit St R R 5s 83 86 Ind Coke and Gas 6s 88 92 Ind Hotel Cos 90 ... Ind Hotel Cos 2d 0# 99 % ... Ind Nortl) 3s .. 49 Ind R and Lt 6* 87% ... Ind Union Trae 6s .40 '... Indpls Ab Cos 7%# 99% ... Ind Col and So 0 .94 ... Indpls Gas 6s 60 88% Indpls Lt and Ht 5s 94 96 % Indpls A Mart 69 61 Indpls North B* 61 55 Indpls A Northwestern 51 65 Indpls A 9 6a 40 Ind Shelby A 3 5s 63 Indpls 81 Ry 4# 64 % 07 % Indpls Trae A Term 5s 84 89 Indpls Union Ry 6s 95 ... Indpls Union Ry 5%s 95 ... Indpls Water 6s 100 ... Indpls Water 4%s 85% ... Indpls Water 6%# 93% 90 South Ind Power 6s 101 % ... T H I A E 5s 07% 72% Union Tr of Ind 6s 07% 71%

CURB TRADING PROVES SCANT AND IRREGULAR No Noteworthy Trico Change* Occur In Day’s Light Trading. By United Financial NEW YORK, Aug. 31—Approcah of the holidays In the financial district found Its effect In the curb market in the afternoon today and trading became scant and Irregular. There were no price changes of note during the day except In the Mexican bonds which were Improved in line with the recognition of the Mexican government. There was a fair amount of .trading in the Mexican ojls at good prices but the news had not found its effect there yet. Standards were irregular. Standard of Indiana got back to its previous close at 62%, after hovering around 62%. Industrials were generally off a fraction. Glen Aiden Coal opened at 69%, as compared with Thursday's final of 70%, but Improved to 70% later on better prospects In the anthracite situation. Dublier was still better at 11%, reflecting speculative interest in that issue. Todd Ship lost 1 to 49, while Tobacco Products export was up % at 4%. LANDIS ASKED TO AID FRISCO LEGION PLANS “Ramatormlng" Game Is Sought for Vets’ Entertainment. SAN FRANCISCO, Aug. 81.—American Legion men who attend the national convention at San Francisco, Oct. 15 to 19, may be repaid for missing the world championship baseball series, if Baseball Commissioner Landis gives his approval to a pdan for a "barnstorming” game. The Golden Gate city convention committee hopes to arrange an exhibition game between the Paciflo Coast League pennant winners, and a team of major league stars, all legion members, Avho are residents of the convention city. The appearance of such stars as Willie Kamm, "Dutch” Reuther, Jimmie O’Connell, Sam Bohne, Harry Heilman,. Louie Fonseca, Jimmie Caveny, and other batting, fielding and pitching marvels who live In California. will recompense legion visitors, no doubt, who miss "Babe” Ruth and Frankie Frisch. If Judge Landis gives his approval to the contest, it will be staged on the opening day of the convention. The Pacific Coast League Is one of the fastest in the country, and has a host of ball players in the ball yards of the major league cities. The world series is expected to extend over into the week that the legion convntion will be held but if the committee gets the sanction for the game from Judge Landis, the convention visitors will see a contest with an equal number Os thills.

DEBT REPORTED ASjpjHl (Continued From Pago 1) 000 left over 'after all creditors were paid if a fair price could be obtained for the property. In view of the present agricultural depression It' was considered doubtful if favorable prices can be obtained immediately. Depositories in List A high percentage of banks which have been depositories for State funds were among the institutions to have representatives on hand for the creditor’s meeting. Thomas Taggart arrived in the city Thursday from French Lick. Together with Goodrich, Marcus Sonntag of Evansville, Frank Ball of Muncie. James D. Allison of Indianapolis and Joseph D. Oliver of South Bend, he was mentioned as having contributed to a fund of $350,000 to help the Governor out of his troubles. According to stories in circulation before the meeting of creditors Me- • Cray borrowed or attempted to borrow money from several banks in which State funds deposited. According to a statement Issued by McCray Thursday, he is owner of about 15,000 acres of land and a herd of 1,200 pure bred cattle. Frequent conferences with the Governor during the last few days have shown that his first interest is not in his own financial difficulties, but In the State he governs. Several days ago, commenting his financial plight, which has been a subject of gossip several weeks, the Governor said, “My one hope is that whatever may develop will not Impair my serviceableness as an executive.” At that time he seemed more deeply concerned than today, when he Indicated that the publicity given to some of the details of his affairs had relieved his mind of a burden. For years prior to the beginning of his term as Governor, McCray has centered his interest in the Orchard Lake Stock Farm, east' of Kentland. He has been referred to frequently as “one of the richest men In Indi-

Store Open Saturday Until 6 P. M.

Sale of FUR COATS # __ Values Extraordinary! Choice of Many High- \ Grade Coats of Selected Skins—at S.J? 1 - a Price Sensationally Low Natural Muskrat Coat , n some ; nstances , he collar and cuff trimmings Seilene coat re--45 inches long 1 . Jaunty * ~ . , . r aL a . , versible sealene panels, sports collar and cuffs are worth the P r,ce asked for lhe entlre coat 45 inches long. Large and belt of self mate- rA<! SWft> UmJ JheM Coaf , Are An Selected, 1n e rial. n . a d• £ , . /->• . 1,-.- . throughout with striped the Coats Are Reinforced to Give Additional . Wear. The Sytles Are Varied satta de chma Trimmings OVER 50 MODELS TO o. . -1 Dyed Skunk CHOOSE FROM Zd Natural Skunk — Johnny Coats —Capes Women— Raccoon A/so Extra Beaver -SportCoats -Wraps Fitch plLf • ![• So y iW j: f ', y |\ jKjyl And pay the balance In Bell-Shaped wraffil V HHI I Charge purchases made j / y during this sale will be Coats purchased during I Sealene Natural Sealene Coat, Muskrat Cape, with ; thi# * ale W,M be held Marmot 48 inches long, with natural squirrel collar : for you until December I; v „T7 lqt . -and squirrel trimmings ; Ist in our Fur Coland Natural Musk- 1 / Jf h fl ,“ and ,at the opening for the age Vault free of charge. cuffs, with noncrushable arms. Lined with bro- : crepe lining. * caded satin. L

ana.” This farm, together with a vast stretch of Dakota grazing land, several farms In central Indiana and a large stone quarry in Newton County, form his tangible properties. It was to save these possession and the famou Fairfax herd of registered Hereford, numbering nearly 1,500 head, that McCray called the creditors’ meeting. His financial advisors had told him it would be better to “stay off” the present obligations until a time when he could realize letter than “beef prices” on the cattle herd, it was said. The herd, sold for breeding purposes, would be worth In the neighborhood of $1,000,000, while if sold for beef probably would bring no more than $150,000. Political workers frojn all parts of Indiana flocked Into the Governor’s office today. Some of them said they came on invitation of the Governor. Taggart spent several hours about Democratic State headquarters and the Claypool Hotel today. He refused to say whether he was a contributor 1o the “rescue fund” of $350,000 which It was said has been raised by former Governor Goodrich. When asked if he would attend the creditor's meeting, Taggart smiled and said, "Certainly not. Why should I 7 I am not a creditor.” Many representatives of the creditor banks called upon Elmer Stout, president of the Fletcher-Araerican National bank today. minFleadels ARE DEADLOCKED (Continued From Page 1) reception room of the executive offices at 12:32 p. m. The miners made their views public In a complete statement written In the fortn of a leter to the Governor. Operator* Close Down The operators left no way open for continued negotiations. They said they would accept the principle of the eight hour day. even though it would

HIE W*H. BLOCK C?

Increase the cost of domestic coal five cents a ton. Further the operators insisted that they already had given the union recognition insofar as they understood the term. They also said collective bargaining as they understood it was already In force. Their chief objection was on the 10 per cent wage increase proposal. On this they said: “We are still firmly of the opinion that no general increase in wages at this time ,is justified. The present 1 wages are 105 per cent higher than the pre-war wages while living costs are but 62 per cent higher.” Talk Arbitration The union told the Governor it believed the check-off should he Included in the arrangement but accepted the 10 per cent as a step In the right direction.” The union also Insisted that the Governor might be interpreted In one portion of his suggestion a* favoring arbitration. The union could not accept arbitration, asking that he explain more fully his proposition on this point. The two sides gave their answers to Governor Pinchot behind closed doors at the Capitol. It was assumed the three parties to the conference would go into further discussion after the answers had been concluded, though the operators announced they did not state what position they would take in regard to further talk. Accept Eight-Hour Day The operators stated in concluding their remarks: “In making this response to your proposal, we do so upon the Atlantic City conference, and nothing heretofore agreed upon shall be considered binding.” This was taken to mean miner demands in the eleven points the union leaders formerly have Insisted upon. In accepting the principle of the 8hour day, the operators stated it would add $2,250,000 to the annual wage bill. This must result In an increase of five cents per ton in the cost of dodomeStic coal at the mines. Boy Hunter Killed Bu Times Special GREENCASTLE, Ind., Aug. 31. Paul Riddle, 16, living ten miles northeast of here, was killed today by the accidental discharge of a shotgun he was using while hunting.

THE BASEMENT STORE'

Marriage Licenses C. F Pfah’er. 59. 708 Lincoln: Eva Byrsm, 54. 802 Weahorst. W. L. Kelso. 24-r 129 E. Ohio; Anna White. 21, 810% N. Illinois. J. L. Buckner, 21. 645 Holton; Emma Sullivan. 21. 2425 Shrlver. C. A. Kisner, 24. 2384 Roosevelt; Mabla Williams, 20, 2333 N. Dearborn. G. W. Ferris. 24. 581 8, New Jersey; Julia Snyder. 21, 660 S. New Jersey. C. G. Nelson. 26. 3150 N. Capitol: Ruth Tylor. 18. 3501 N. Capitol. E. J. Mennier, Jr.. 22. 1624 N. Alabama: Dorothy L. Carothers, 18, 1503 N. Pennsylvania. John Gallman, 21. 1353 S Pershing; Doshia Caldwell. 18, 1139 S. Tremont. J. J. Meehan. 29, 734 N. Pine: Margaret Barrett, 24. 420 N. Beville. Births Boy# John and Grace Farr. 1964 Hazel St. Fred and Maude Schrolucke, Clark-Blakes-lee Hospital. John and Anna Spragrue, 2001 Alvord St. Robert and Berthel Taylor, 3042 Ralston Irvin and Louise Taylor, 421 E. Pratt SL Frederick and Mary Castetter, 233 S. Rural St. John and Blanch Sullivan. 120 Hancock St Henry and Selphino Couchman. 401 Spencer Ave. Albert and Mary Long-worth. 2909 Indianapolis Ave, Daniel and Ethel Royster. 520 Drake St. Girts Phillip and Nettie Gee, 2306 Cushing: St. John and Ethel Tagg-art. 1306 Cruft St. Louis and Clara Shipman. 2144 S. Emerson Ave. John and Mary Palmes, 605 N. Euclid Ave Glen and Anna Graham, Methodist Hospital. Ben and Erma Harris, 1331 Calhoun St. Lloyd and Opal Miller, 1133 Holliday St. Edward and Francis Kline. 903% Virginia Ave. Edwin and Anna Wright, 530 W. Morris St. Deaths Porter G. Cooper, 41, Central Insane Hospital. paresis. - William G. Rommel, 39, Deaconess Hospital, fractured skull. Irwin D. Sheets. 4 months, 1341 E. Minnesota St., illeo-colltis. Beatrice Smith. 4 months, 950 W. Walnut St., acute-gastritis. PLANS FOR LABOR DAY Parade at 9:30 A. M. and Speaking al 11:3ft. Local labor organizations will par* tlclpate In the annual Labor Day parade at 9a. m. Monday. Addresses will follow the parade at 11:30 a. m. at Tomlinson Hall. The program is being planned by the Marion County Labor Day Committee. Family Absent; Bobber Visits While his family was away, a pocketbook containing S2O was taken from his house, H. L* Fidler, 4231 Central Ave., reported to police.

Store Open Saturday UntO 6 P. M.

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