Indianapolis Times, Volume 35, Number 101, Indianapolis, Marion County, 7 September 1923 — Page 18

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LISTLESS TRADING MARKS ACTIVITIES IN STOCK MARKET Independent Steels Continue Advance on Prospects of Large Japanese Orders. The WALL STREET JOURNAL NEW YORK, Sept. 7.—Nothing positive was contained in the foreign news today so stocks turned their attention at the opening to devlopments in the domestic trade situation. Borne irregularity was created by a sharp drop in the Federal Reserve ration in New York, but banking authorities said this loss was largely due to withdrawals for crop moving purposes. Encouragement was derived from the August production figures given out bj* the National Automobile Chamber of Commerce which showed a gain of 6.70 per cent over July and recessions among standard stocks were mostly unimportant. Davison Chemical, however, plunged downward six points. First Hour . Further selling in the general list was checked by the reappearance of special strength in a number of individual issues toward the close of the first hour. In this respect, Dupont was the outstanding feature, reaching anew high on the movement in response to reports of some sort of melon for stockholders. Independent steels, especially Bethlehem and Republic continued to reflect possibilities of large Japanese orders and copper issues with Utah leading, were slightly strengthened by the firmer market for this metal. Second Hour Trading was extremely dull in the second hour with prive movements confined to a narrow range. The feature of trading was strength in highpriced tobaccos. From speculative sources it was learned that a campaign of distribution was planned among the tobacco stocks, involving split-ups and increased dividends in a number of the high-priced issues and the merger of the Tobacco Products common and “A” stock. The list fairly marked time. Noon Hour Speculative interest was at low ebb during the noon dealings, but indications tluTt powerful financial inetrests had not given up faith in the absorptive power of the market loomed up In intimations that activities wquld be resumed in issues believed to be behind the general list. Chicago Pneumatic Tool moved up fractionally on rumors that a prominent steel man considered it in the latter class, owing to current earnings and quick absorption of a large issue of Union Pacific first lien and refunding bonds was pointed to as evidence of the improving market for long-term rail bonds. Fourth Hour While trading lagged somewhat in the noon hour, some revival occurred in the early afternoon when rails developed activity at rising prices. New York Central again sold above par and Northern Pacific reached new high ground on the movement while Southern Railway jumped into leadership of the low-priced group, selling up 114- Motor stocks showed some signs of life when big blocks of General Motors w'ere taken at around the best levels reached on the recovery. Unusually heavy purchases of motor cars in August, usually a dull*month, is said to puzzle even motor executives. Closing Hour

Practically the only points of interest in the final dealings were found in bursts of strength in such issues as Continental Can, Dupont and WestGenerally speaking the closing hour was one of dullness as was most of the day's session, except for the demonstration of rails and motors in the early afternoon and possibly the morning attempt of professionals to bear the market on the strength of the unfavorable Federal Reserve ratio report for New' York. However, the dullness of the day’s market brought out clearly that no liquidation could be induced at current levels. Twenty active industrial stocks on Thursday averaged 93.00 c up .02 per cent. Twenty active rails averaged 79.&5c, off -11 per cent. Local Bank Clearings Indianapolis hank clearings Friday were $3,498,000: bank debits were $6,520,000. New York Money Market By United Financial NEW YORK Sept. 7.—Commercial paper, best names discount at 54 per cent although considerable paper changes hands at 544-> per cent. Time money loans are unchanged at 5H per cent for all periods with bordowers showing disposition to avail themselves of the 60 and 90-day maturies. Renewals command 5% per cent. Foreign Exchange By United Financial NEW YORK. Sept. 7.—Foreign exchange closed higher—Sterling, demand $4.5214: francs, demand 0.560: lire, demand 4.31 Vic: Belgians, demand 4 56*40: Marks, demand 33.333.000 to the dollar: czecho, demand 2.97*ic: Swiss, demand 17.98 c: gilders, demand 39.26 c: pesetas, demand 13.38 c: Swedish, demand 26.56 c; Norwegian. 16.19 c; Denmark, 18.14 c. AFTERNOON TRADING ON CURB IS OF MIXED TONE Gains in Coal Issues Again Prove Feature—Vacuum Improves, . Bv United Financial • NEW YORK, Sept. 7.—The curb market was mixed In the afternoon dealings with gains in the coal issues again a featuie. Glen Alden 3howed a. pick-up of lVi. while Reading Coal Rights were up 1&. In the oils> Cities Service continued weak .being off 144 while VacifUm of the Standard group improved Mutual was down %. Standard of Indiana improved in the face of a steady continuance of unfavorable oil news directly affecting the company. Around 2:30 the market developed activity with Gillette Safety Razor assuming leadership with a run-up to 271 *>*, up points over the previous close. The Reo Motor Car Company, says a Detroit dispatch, Will announce soon anew five passenger touring car to Bell at $1,335, which will replace the preseat seven passenger touring car.

New York Stocks

—Sept. 7 Railroads— At 1:45 Prev. High. Low. p. m. close. Railroads— Atchison . . f>B % 97 % 9814 97 % B. A O. 51 % 49 % .50% 49% C. & 0 64 63 % 64 62% C., R. & P 23% 22% 23% 22% Erie first pfd 23% 22% 23% 23 G’t Nth'n pfd 59% 58 59% 58% N. Y. Cen. 100% 100 100% 99% N’thn pac ..61% 69% 61 69% P e M'qu’t .. 44% 43% 44% 43% Reading .... 75% 75 75% 75 S'th’n Pac ..88% 88 88% 88 St. P'l pfd ..30% 29% 30% 29% U’n Pac ..132 130% 132 131 Wab pfd ..28% 28 28% 28 Rubbers— * Kel- Sp'gr’fld S4 _ 33% 33% U. S. Rub ..43% „ , 43% 43% Equipments— Am Loo 74% 74% 74% 74% Bald Loc ..125 123% 124% 124% Gen Eleo ..176 173% 176 172% Lima Loc ..67% 66% 67% 67% Pullman 117% 117 117% 117% Wa’h'se Elec 60% 59% 60% 69% Steels— Bethlehem 54% 54 54% 64% enable ... 67% 60 % 07% 67% Gulf States 89% 87% 88% 88% R !• & Steel 00% 49% 60 50% U. 8. Steel. 93% 92% 92% 93 Vanadium ... 34 33% 33% 33% Motors— x C. Motors ... 52 % 52 % 62 % 53 Gen Motors 15% 15% 15% 15% Motors A 43% 42% 43% 43% Studebaker .100 105% 105 Vi 105% Stewart-War.. 90 89% 89% 89% Timken 38 % 38 % 38 % Minings— Texas G. A S.. 58% 58 68 Coppers— Am. Smelt.. 69 68 59 68% Anaconda ... 43 % ..... 40 % 40 % Kenneeott —. 34% 33% 34% 34% Oils— Calif. Petrol 20 19 % 20 20 Cosden . 30 29% 30 30 Marland Oil. 28% 27 27% 28% P.-Am. Pete. 59 57% 59 59 P-A.‘ Pete B 57% 56% 57% 57% Phillips Pete. 23% 22% 23% 23% Pro. A Ref. 24% 23% 24% 24% S. Oil of Cal. 50% 50% 50% 50% S. Oil of N. J. 32 % • 32 % 32 % 32 % Sinclair 20% 20% 20% 20% Texas Cos. ... 41 % 41 41 42 Industrials— Allied Chem. 68% 67% 68% 67% Am. Can 99 98 98% 98% Am. Ice 90 95% 96 96 Vi Am. Woolen 87% 80% 87 87% Coco C01a... 78 .... 77% 78% Cont. Can 51% 50% 61% 61% Fam. Players 75 74% 74% 75 Gen. Asphalt 34% 33% 34 34 Inter. Harv.. 70 ... 76 *7O Mont. A W . 22% .... 22% 22% Nat. Enamel. 64% 63% 64% 64% Sears-Roe.. .. 80% .... 80% 80 tr. S. In. Al.. 55% 54% 65% 65 V till ties— Am. T. A T.. 124% 124% 124% Con. Gas.... 62% 61% 62 61 % Col. Gas 35 .... 35 . 35 Shipping— Am. Int. Cor.. 20% 19% 20 19% Atlantic G... 16% .... 10% 16% In. M. M. pfd. 27% 27% 27% 26% Foods— Am. Sugar.. 66% ..... 66% 66% Austin Nicb. 26% 28% 28% .... Corn Prod. . 12~ 126 127 127 C. C. Sg. pfd 45% 44% 44% 44% Punta Alegre 52 % 52 % 52 % 52 Tobaccos— Am Tob <B) 149 .... 148 147% Tob Prod (B) 55 % , 55 % 55 % U. S. R. S.. 77% 77% 77

WHEAT AND CORN SHARPLY HIGHER Poor Crop Outlook Responsible for Corn's Strength, By l uffed Financial CHICAGO, Sept. 7.— Grain prices closed unchanged to higher on tho Chicago Board of Trade today. Wheat maintained a strong undertone throughout the session and closed sharply higher. Improved export business, together with light receipts, brought strength in all exchanges throughout the county and encouraged local buyers. Prominent receiving and exporting houses reported country offerings light. The bulk of the export went to Japan and Mexico. Good buying power, based on the poor crop outlook, resulted in a strong corn market. Reports from Kansas City declared Texas and Oklahoma crops were a total failure from a commercial standpoint and that crops in southern Kansas were not in much better condition. Oats were dull and closed unchanged at opening prices. Crop news was unfavorable and showed heavy losses from excessive precipitation. Provisions eased off late on moderate selling. Chicago Grain Table —Sept. 7 WHEAT— Prev. Open. High Low. Close, close. Sept.. 1.02 1.03% 1.01% 1.03 1.02% Dec.. 1.08% 107% 1.06 1.06% 1.05% May.. 1.11% 1.12% 1.11% 1.12% 1.11% CORN— Sept.. .85% .85% .85% .85% .85 Dec.. .68% .09% .08% .68% .68% May.. .68% .69% .09 .69% .68% OATS— Sept.. .37% .37% .37% .37%. 37% Dee.. .39% .40 Vi .39% .39% .39% May.. .42% .42% .42% .42% .42% LARD— Sept. 12.02 12.15 12.02 12.15 11.83 RIBS— Sept.. 9.15 9.20 9.15 920 8.90 RYE— Sept.. .70 .71 .68% .70% .68% Dec.. .72% .73% .71% .73 .71 CHICAGO. Sept. 7.—Primary receipts: Wheat. 1.533,000, against 2,183,400. corn. 644.000. against 1.319.000; oats. 4)43.000. against 795.000. Shipments: Wheat. 1,535.000, against 1,902.000; corn, 396.000. against 7,360,000; oate, 659,000, against 659.000. ST. LOtTIS. Sept. 7.—Wheat—No. 2 red. 91.12(91.13: No. 3. [email protected]; No. 5, 92 ib 98c; No. 2 hard. $1.06 sl-24: No. 3. 85 If? 96c: uJly. SI .05: December. SI .07 % ® 1.08%. Corn—No. 2 wnite. 86% @9oc: September. 86%o: December. 69 %o. Oata -—-No. 2 white. 41 %c: No. 3, 39%@39%e: No. 4, 39@39%c: September, 39 %c. CHICAGO. Sept. 7.—Wheat—No 2 red. $1.06%; No 3, $1.05%: No. 2 hard, $1.07 % @1.13; No. 3. $1.06® 1.10. Com —No. 1 yellow. 89%@90%c: No. 2, 89% @9o%c: No 1 mixed. 89% (390 c: No. 2. fcl)% @B9 %c: No. 3. 89%c: No. 8. 88%c; No. 1 white, 89%@89%c: No. 2. 89 %c. Oats—No. 3 white. 37% @ 39c. Barley—50ia72c. Rye—74 %c. Timothy—s6.so® 7.75. Clover—sl6 @l9. ..

Grain Briefs

CHICAGO, Sept. 7.—Reports that Russia has prohibited export of grains still remains unconfirmed. The statement by the Department of Agriculture to the effect that Germany is in need of wheat caused considerable optimism among traders. Considerable amount of the ten million bushels of wheat contracted for by Pacific Coast houses will be shipped immediately to Japan. The Winnipeg market appears to be depressed due to anticipation of the first rush of Canadian wheat within Ihe next few Rye with a 2c advance led all grains in the upturn Thursday and was due mainly to good commission house buying. Raw Sugar Market By United Financial NEW YORK. Sept. 7.—The raw sugar market opened steady. September, 4.40® 4.50 c; December. [email protected]; March, 3.73 @ 3.74 c; May. 3.83 @ 3.84 c. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift It Cos.: Ribs—No. 2. 22c: No. 3,16 c. Loins—No. 2,30 c: No 3.25 c. Rounds— No. 2. 22c; No. 3. 18a Chucks—No. 2. 11c: No. 3.9 c. Plate#—No. 2. 6c; No. 3.6 c.

HOG PRICES HOLD GENERALLY STEADY \ , Firmness in Local Market Attributed to Chicago Influences, - Hog Prices Day by Day Aug. 250-300 lbs. 200-225 lbs. 150-180 lbs. 31. 9.00® 9.35 9.40® 9.65 9.70® 9.90 Sept. 1. 9.00® 9.40 9.50® 9.80 [email protected] 4. 9.00® 9.25 9.30 @ 9.70 9.75 <5,10.00 6. 9.00® 9.20 9.25 @ 9.65 9.70.® 9.85 6. 8.50® 8.90 9.00® 9.35 9.85® 9.50 7. 8.50® 8.90 9.00® 9.35 9.35® 9.50 Compared with Thursday’s opening prices, light hogs sold up to 10 to 15 cents lower in trading on the -local livestock exchange today, but considering the decline that occurred in the previous trading before the session came to a close, prices were generally regarded as steady. Two choice loads of selected lights brought Thursday’s top of $9.50, but the bulk of hogs of this weight sold generally at $9.35 and $9.40, the prevailing price at Thursday's close. Mixed and medium hogs, as well as the heavyweights showed practically no change, heavies selling from $8.50 to $8.90, medium mixed from $9 to $9.15 and light mixed from $9.20 to $9.35. The bulk of the day’s receipts of 11,000, including 3,775 holdovers, sold between $9 and $9.40. Both light and heavy sows were unchanged at $7.75 down and $7 down respectively, though the market for each was generally a quarter under "these figures and pigs ruled steady at $8.50 down. Steadiness in the local market was attributed to firmness In Chicago prices. The cattle market was a rather dull affair, with trading listless from the opening. Small receipts of 600, of which few were steers, failed to arouse very much Interest and trading was done at generally steady prices. Choice steers and heifers were able to command good prices, due to demand. Unusually heavy demand, coupled with light receipts of 400, caused prices of calves to advance 50c to $1 to a top of sl3 for choice veals, while the bulk sold from sl2 to $12.50. Though the top for lambs remained unchanged at sl2, common grades were generally regarded as a quarter higher while sheep were unchanged at $6 down. Receipts, 500. —Hogs— Choice lights $ 9 35® 9.50 Light mixed 9.20® 9 35 Medium mixed / 9.00® 9 13 Heavyweights 8.50® 890 Top 9 60 Bulk of sales 9.00® 9.40 Pigs B.oo® 8 50 Packing sows . 7.00® 7.75 —CattleFew choice sheers [email protected] Prime corn-fed steers. %,000 to 1.300 lbs 9.00® 9.50 Good to choice steers. 1.000 to 1.100 lbs 8.50® 9.60 Good to choice steers, 1,000 to 1.200 lbs 7.50® 8.00 Good to choice steers. 1.000 to 1,700-lbs 7.50® 8.00 Common to medium steers. 800 to 1,000 lbs 7.25® 7.50 —Cows and Heifers— Choice light heifers $ 9 [email protected] Good lightweights 7.25 (a 9 On Medium heifers 6.00® 7.25 Common cows 5.00® 6.00 Fair cows 6.00® 7.60 Cutters 2.75® 3 25 Caimers 2.25® 3.75 —Bulls— Fancy butcher bulls $ 5.00® 600 Good to choice butcher bulls. 6.00® 5.50 Bologna bulls 4.60® 5.00 —Calves— Choice reals ...... $12.00® 13.00 Good reals 11.00® 12.00 Medium veals 7.00® 10.00 Lightweight veals 7.60® 8 00 Common veals 7.00® 7.50 Common heavies 6.00® 7.00 Top 13.00 —Sheep and Lambs— Extra choice lambs $11.00®! 2 00 Heavy lambs [email protected] Cull lamb* 6.00® 7.50 [Good to choice ewes 3.00® 6 00 Culls 2.00® 3.00

Other Livestock By United Financial CHICAGO. Sept. 7—Hogs—Receipts 27,000: market 10 0 20c lower; top $9 10: ! bulk. $7.65@8 90; heavyweight. $808.85: medium, *8.6509.06; light, $809.10; light lights. $7 7009: heavy packing, smootn. $7.3007.65: packing sows, rough. $6.80® 7.30: killing pigs. $7 0 8.25 Cattle—Receipts. 3.000; market for beef steers and yearlings uneven about steady; few here eligible to sell above $10; numerous loads. $8.5009.60; best yearlings. $10.70: matured steers. $11.75; early* arrivals Include liberal share “stale" operating eaMy in the week: she stock weak unevenly lower: tnbetween grades showing most loss; bulls strong, bulk bolognas, $4 0 4.50: few heavies up to $4 65: vealers 25c higher; bulk to packers. $11.50012; outsiders paying sl3; Stockers and feeders steady: bulk. $5.5007.75. Sheep—Receipts, 8.000; fairly active; lambs steady. 15c higher: sheep steady; most fat native lambs. $12.05® 12.75; culls. $90950; medium weight killing ewes. SSO 6. most feeding lambs, $13.40 @13.60; medium to good range fed ewes, $5.25; no western fat lambs sold. CLEVELAND, Sept. 7.—Hogs—Receipts, 3,500; market, steady; yorker*. $9.60; mixed. $9 60; medium, $9.25 0 9.35: pigs. $8 50: roughs. $0.50; stags. $4.25. Cattle— Receipts, 600- market slow. Sheep and laml —Receipts. 800; market steady; top. 1.350. Calves—Receipts, 500; market, steady; top, $14.50. CINCINNATI, Sept. 7. —Cattle—Receipts. 950: market steady; shippers, $8.60010. Calves—Market steady: extras. $10.50® 12.50. Hogs—Receipts. 6,000; market slow, 10025 c lower; good or choice packers. $9.26. Sheep—Receipts. 3.200; market steady; extras, $5 @6. Lambs—Market strong, 50c higher; fair to good. sl4 @14.50. EAST BUFFALO. Sept. 7.—Cgttle—Receipts, 800; market slow, weak: shipping steers. $lO 011; butcher grades. $7.50 08; cows. $1.60 06.25. Calvs—Receipts. 900: market, slow to 50c lower; culls to choice. $3.50013.60. Bheep and lambs —Receipts, 2.400; market, lambs active to 25c higher, sheep slow to 50c lower: choice lambs. sl3 @l4: culls to choice, $8012.50; yearlines. [email protected]: sheep, $3 0 8.50. Hogs—Receipts. 8,000; market, active to 5 0110 c lower: yorkers, $909.85; pigs. $9: mixed, 9.6009.75: heavies, $909.50; rough. s6@ 6.75: stags, $4 @5. EAST ST. LOUIS Sept. 2.—Cattle—Receipts, 2,000: market, steady; native beef steers. $10.50 up; yearlings * and lipifers. $9 75 up; cow-. $3.7504.75; oanners and cutters. $2.1003; calves. $11011.25: Stockers and feeders, $4.50 06. Hogs—Receipts. 11.000: market. 10c lower: heavy; $8 @8.25; medium. $8.060 9.15: lights. SB.IO @0.25; light lights $7.2509.20; packing sows. $6.8507.50; pigs, $7 0 8.75: bulk. $8.75 0 9.25. Sheep—Receipts. 3.000; market. steady: ewes. -$3,500 7; canners and cutters. $105.50; woo! lambs. $10,500 12.50. KANSAS CITY, Sept. 7.—Cattle—Receipts, 1.500; calves, 200: receipts principally western with quality plain: also killing classes generally steady: best fed westerns. $10.25; Stockers and feeders trade dull around steady. Hogs—Receipts, 6,000; mostly. $lOOl5 lower; bulk desirable 170-240-pound averages to shippers at $8,500 8.70; few tsrong weight butchers top packers at $8 65; bulk packing sows. $0,500 : stock pigs dull. Sheep—Receipts, 6.000; killing classes fully steady: Texas wethers. $.50; Colorado lambs, $12.65. In the Cotton Market Bit United Financial NEW YORK. Sept. 7.—The cotton market opened Irregular. October. 26.00 c; off 10 points; December, 26.10 c. up 2 points; January, 25.80 c, up 2 points. Local Wagon Wheat Local mills and elevators are paying 91c I<* No. 2 red wheat. Cloverseed Market Lock, dealers are paying $7.60 010 a bushel for cloverseed. Local Hay Market Loose hay—slßo2l: bales, sl7 0 20; light mixed hay, sl7 020.

THE INDIANAPOLIS TIMES

Business News

IWAKA, Japan. Sept. 7.—A1l vaults of the Bank of Japan, in Tokio, are intact and the institution opened for buslnese Thursday. The banks at Hoakne were slightly damaged andAhose at Ito and Itami badly knocked abouwby the quake. Those at Kogoyo. Taiwanm, Shoin. Mitsubishi. Sumitomo and Koiki were undamaged. LPNDON —British iron and steel and machinery company shares were active 16 Friday's trading because of the belief that there will be an immense demand for their products for reconstruction work in Japan. Financial ck'cles were discussing the possibility of Japan making a large interest loan both for physical reconstruction of her ciUes and to aid her commercial houses. NEW YORK—Steel companies’ reports show improvement in the demand for steel since the first of the month. Sheet and tin plate mills arc especially busy, with a better outlook than they have had for months. Several of the larger companies which receive orders from Japan have promised to give priority to Japanese orders. NEW YORK—Cuba's total sugar production this year was 3,601.605 tons, according to the figures compiled by H. A. Himely, trade statistician and representative of the Federal Sugar Refining Company. The crop a year ago. the largest in history, was 3.996.387 tons. NEW YORK—The steamship Aquitanta arrived with sixty-seven boxes of gold valued at 464,000 pounds, consigned to order. NEW YORK—Reports received by tho National Automobile Chamber of Commerce show that 348 733 cars and trucks were manufactured during August. That represents 6.7 per cent more than tho July i%cord and 28 per cent inoro than August. 192. In Georgia, Illinois. Michigan. Nebraska and part of the Northwest, business was better in August than In July and trade surveys from all parts of the country show better prospects lor the fall of 1923 than were indicated for the same season a year ago. The cuts in price recently made by Hudson. Chevrolet. Peerless. Ma*well. Chalmers and the Willys-Overland Companies are thought to be partly responsible for the increasing flow of orders now being received. ST. PAUL—The Great Northern Railroad, with several weeks still to go in the current shipping season, has already surpassed last year's ore tonnage total. Ten million tons of ore have already been shipped. The total shipment for the entire year of 1922 reached only 9,943.000 tons. Loadings of all commodities exceed the record at the Game date last year. YOUNGTOWN—The Republic Rubber Companv has Increased its minimum "daily tire out-put to 1.000 tires. Mechauical goods departments are running close to capacity and solid tire making baa Increased about 60 per cent. DETROlT—Because the Packard Motor Company's fiscal year ends Aug 31. the plants of that company are now closed down for a week to take Inventory. Shipments are being made from a/ previously created surplus. The company will resume operations at a weekly production rate of 306 sixes and 100 eights next Monday. NEW YORK—"I am very optimistic regarding business conditions in this country." said President wood of the American Woolen Company. ' Any man In America who is not optimistic should have his liver examined, because there is something the matter with it. Business in our own and in all other lines, so far as I can see. is making steady advances While the Japanese calamity is very great in its magnitude and is greatly deplored, it will not retard the prosperity and progress of America and the world."

Produce Markets

INDIANAPOLIS. Sept. 7.—Fresh eggs. 23c packing stock butter 2c: springs. 1 % to 2 tbs. 28c; fowls, straight. 21c; fowls, under 4 lbs, IS.; l-rghorns. 25 per cent discount; cocks, 10c: young tom turks. 28o: young hen turks. 250; ducks, 5 lbs., 12c: spring ducks. 21c; geese. 10 lbs up 10c; squabs. 11 lbs. to doz ,$4 50 Indianapolis creameries are paylug 42c a lb. lor butter fat. CLEVELAND Sept. 7.—Butter—Extra in tubs, 49® 51c; prirtta. 49® 51c; firsts, 47® 49c; packing stock. 32®35c. Eggs—Frrsn gathered northern extras. 36c: Ohio firsts. 32c. western firsts, new cases. 31c. Poultry —Heavy fowls 28c: light fowls, 21@22e; cocks. 16® 17c; broilers. 30c: ducks springs 22®24c Potatoes—Virginia cobblers. s6® 5.76 per barrel; 150-pound bags $4.65. NEW YORK. Sept 7.F—lour quiet firm; pork, quiet; mess. 2.600: lard. firmer, middle west spot. $12.70® 12 80: sugar, raw firm; centrifugal 96 test. $6 28; refined firm: granulated $7.75® 8. Coffee, Rio. No 7 on spot 10%@10%e: Santos, 13% @ 14%c. Tallow, firm; special to extra 7% @B%c. Dressed poultry, steady; turkeys. 2;>@300; chickens. 23® 41c; fowls. 143 32c: ducks. 2oc: lire poultry, steady: geese 16c: ducks, 14@80c; fowls. 20® 80c: turkeys. 40c via expdess; roosters 14c; broilers 112 @ 30c Cheese steady; State whole milk, common to specials 22 327 %c: State, skims, common to specials. 5® 19c. Butter, steady: receipts. 13.643; Creamery, extra, 46c: special market. 45%@400: Danish. 44% @45 %c; Argentine. 38% @39c; State dairy tubs. 37@44%c. Eggs, stronger; receipts 10.090; nearby whites. fancy. 60® 62c; nearbt State whites 36® 60c; fresh firsts to extras. 32 @ 43c Pacific Coast. 35® 52c. w estern white, 35® 60c. nearby browns. 44@58<i CHICAGO. Sept. 7.—Butter—Receipts. $,- 963; creamery extra, 44%; standards, 43; fi rets, 39% @40%. seconds. 37% @38%. Eggs—Receipts. 12.384; ordinary firsts, 20 72® : firsts, 28 %@3O % . Cheese—Twins, 24 @24%: young Americans. 20 @26%. Poultry—Reey-lpts. 8 ears: fowls. 14 %@ 24%; ducks. 23; geese, 20; springs, 23; turkeys. 20: roosters, 14: broilers, 23- Po-tatoes—^Re--spits. 207 cars: Minnesota early Ohios, 125 @140; South Dakotas Nebraska early Ohios 150@160; Wisconsin round white. 210@ 225; bulk 200 ®215; Idaho ruruls. 216@220.

Indianapolis Stocks —Sept. 7 Bid Ask. Am Cent Life 200 Am Creosoting Cos pfd 96 ... Belt R R Cos 67*4 73 Belt R R pfd 6244 ... Cent Bldg Cos pfd 98 Cities Service com 180 133 Cities Service pfd 64 66 Cit Gas Cos com 26 28 44 Cit Gas Cos pfd 99 44 .... Ihd Hotel com 100 .... Ind Hotel pfd 100 , ... Ind Nat Life 5 ... Ind Pipe Line Cos pfd 9544 98 Ind Title Guar Cos 70 Indpls Ab pfd 49 Indpls Gas 49*1 81 Indpls A Northwestern pfd. . 36 45 Indpls A Southern pfd 60 Indpls St R It 01 6 Indpls Tel com 1 .... Indpls Tel pfd . ... Mer Pub Util Cos pfd 82 44 ... Nat Met Cos 3 Pub Sav Ins Cos .. . . 12 .... Rauh Fer pfd .60 ... Standard OH of Ind 52 54 Sterling Fire Ins Cos 8 ... T H I A E com 1 5 T H 1 A E pfd 10 15 T H Tr and Lt Cos pfd 92 100 Union Trac of Ind com ..... 1 6 Union Trac of Ind Ist pfd.. .. 28 Union Trac of Ind 2d pfd... 6 9 Van Camp Prod Ist pfd 100 Van Camp Prod 2d pfd 96 Van Coal Cos com 1 5 Van Coal Cos pfd 10 16 Wabash Ry Cos com 844 10 Wabash Ry Cos pfd 28 29 44 Ronds Belt R S Y 4s. May, ’3O 81 Broad Ripple 5s . . ... Cit Gas 5s .. . 86 4i 88 Citizens Gas 7s 100 102 Cit St R R 5s 83 86 Ind Coke and Gas 6s 88 93 Ind Hotel Cos 90 . Ind Hotel Cos 2d 0s 99 44 Ind North 5s . . . Ind R and Lt 6s . 82 44 . Ind Union Trac 5s 40 Indpls Ab Cos 7V4 99 44 Ind Col and So to ..96 ... Indpls Gas 5s 86 88’4 Indpls Lt and Ht 6s ........ 94 95 % Indpls A Mart 55 60 Indpls North 5s 51 *4 55 Indpls A Northwestern 50 44 65 Indpls A S- 6s 40 Ind Shelby A 5s 52 JndDls St Ry 4s 64*4 67 Indpls Trac A Term 5s 84 88 Indpls Union Ry 5s 95 ... Indpls Union R.v 5 44s 96 . .. Indpls Water 5s 100 Indpls Water 444 s 85*4 .-. Indpls Water 6 44e 93 44 .... South Ind Power 6s 10144 .... T H I A E os Union Tr of Ind 6s .... _ 65 70 Sales SI,OOO Indpls Northern 514s 82 Boy Killed by Auto By United Press BRAZIL, Ind., Sept. 7.—Otis Jones, 12, of Seeleyville, was instantly killed today on the National Rd., in front of his home, when he was struck by an automobile driven by John G. Ferrell, druggist of Staunton.

ACCOUNTANTS WARNED OF LAW VIOLATIONS Title of C. P. A. Must Come From ' State Accounts Board. Persons practicing accountancy in Indiana and representing themselves certified public accountants are violating the law if they ‘have obtained their certificates from sources other than the State board of accounts, Attorney General U. 3. Lesb pointed out today in an opinion sent to Lawrence F. Orr, chief examiner of the State board of accounts. Orr, in requesting the opinion, said several hundred accountants were practicing in the State on the strength of certificates obtained from a firm in Washington, D. C. He said they styled themselves as certified public accountants, National Association. Lesh said it was illegal for a firm to advertise itself as certified public accountants when either member of the firm lacked the State’s requirements and certificates. Murderer Is Hanged By United Press FT. MADISON, lowa, Sept. 7. —William C. Olander, murderer of Berthold Halpap, Ft. Dodge (Iowa) grocer, today was executed by hanging at the lowa State Penitentiary. Olander walked calmly to the scaffold.

No Money to Collect

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A HUSTLING TIMES CARRIER. This Picture Made With a Hawkeye Film-Pack Camera

MARIE GOTH WINS PRIZE portrait of Her Sister Gets First Place at Fair. A portrait by Miss Marie Goth of her sister today was awarded first place at the fairground in the Fine Arts building. A portrait of Russel M. Seeds by Simon P. Baus which held first place Thursday received third position today. “Autumn Landscape” by Clifton Wheeler took second place. Final wards will be made tonight. GAME CHICKS AND RADIO Over-night Thefts Occur in Music Store and Henhouse. Robberies reported today include a radio horn from Willard Brant, colored, music shop, 644 Indiana Ave.; tools valued at $75 from Sanborn Electric Company, 309 N. Illinois St., on a job at 401 W. Michigan St.; traveling bag and contents valued at S4O from Spencer Hotel checkroom, owned by R. B. Coleman, Racine, Wis.; four game chickens valued at S2B from Harry Parker, 1647 N. Arsenal Ave. Money Is Stolen L. C. Brown, 209 Hume Mansur Building, reported to the police today that a thief took $7.92. out of his desk.

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I. W. W. LUMBER WORKERS IN NORTHWEST STRIKE Army Is Reported Trekking Toward Portland, Ore. By United Press PORTLAND, Ore., Sept. 7.—Quitting work in response to a general call sent out by airplane couriers, I. W. W. members throughout the northwest were reported trekking toward Portland today. Nearly 2,000 gathered last night, coming from lumber and mill camps nearest the city. At least 75 per cent of the lumber industry in Oregon and Washington was reported in the grip of the strike. Alleged Embezzler Held. By United Press BOSTON. Mass., Sept. 7.—James B. Marclno, alias Joseph Biata of Chicago, was held in jail today following preliminary arraignment for alleged embezzlement of $273,000 of the funds of the First National Bank of Warren, Mass. Boiler Explosion Fatal By United Press MARION, Ind., Sept. 7. —Injuries received -when an engine in a stone quarry exploded resulted in the death early today of George Hiatt. 70. He suffered concussion of the brain.

FRIDAY, SEPT. 7, 1923

CARR CASE CONTINUED Stabbing Victim Serious —Alleged Assailant Faces Charge. The case of Leslie Carr, 24, of 812 W. New York St., held on charges of stabbing Charles Miller, 27, of 1129 W. New York St., after an argument Tuesday night, was continued in court | today by Judge Delbfft O. Wilmeth. The condition of Miller is reported serious. Blood poisoning has developed, It was said. Carr was ordered held on S4OO bond t*n a technical charge of assault and battery with intent to kill. SLACK TO GIVE ADDRESS Junior Chamber of Commerce Will Hear Former United States Attorney. L. Ert Slack, former United States district attorney, will speak before members of the Junior Chamber of Commerce at their business meeting 8 p. m. Monday at the Chamber of Commerce. The Junior Chamber trill hold Its first dance of the season at the Chamber of Commerce, Monday, Sept. 17. The Junior Chamber orchestra will play under the direction of Dale Hodges.