Indianapolis Times, Volume 35, Number 134, Indianapolis, Marion County, 16 October 1923 — Page 11

TUESDAY, OCT. 16, 1923

RECOVERY ABATES * AS BEARS CEASE SHORTCOVERING Opening Is Strong, but Volume Is Later Reduced —Most Gains Held, NEW HIGHS ARE TOUCHED Technical Rally Laid to Operations of Professionals Evening Up, The WALL STREET JOURNAL >TEW YORK, Oct. 16.—Overnight news left the economic situation unchanged and stocks continued the technical rally today that was In progress during most of the previous session, and new highs on the movement were reached by American Can, Steel, American Woolen and other Industrial leaders^-while the rail list pwas generally higher. Opening quotations showed Dupont at 127, up Bethlehdm at 48%, up %; Studebaker at 97, oft and Continental Can at 48, off %. Both Pan Americans showed an initial advance. First Hour Floor brokers reported the demand for leading stocks in the loan crowd was considerably reduced after Monday's close, Indicating a large part of the buying had come from the short interest which was putting the market lip at its own expense. With the more volatile section of the bear crowd eliminated, the recovery showed signs of hesitation before the close of the first hour, but active stocks retained most of their gains. Crucible reached new high ground on the movement in response to publication of the company's report to Aug. 31. Second Hour • Prices were unsettled throughout the entire list toward noon by outburst of selling among the Northwestern rails, which carried Great Northern preferred into new low ground on the movement and forced Northern Pacific to anew 1923 low. This weakness came in face of the fact that Septihiber earnings will make a favorable showing in comparison with last year. Next dividend declarations of both roads are due in December. Northern Pacific is linked with rumors of new financing. Noon Hour' Professional operators gathered the Ibpinoln from' the heaviness of the rails and the special weakness in American Woolen and National Enameling that the recovery in the general list had gone as far as was practicable under existing conditions in the market. Hence they launched a determined attack on industrial leaders in the noon dealings with the result that American San, Baldwin, Studebaker and Steel receded substtantially from their morning high% Sugars were a point' of special weakness. Punta-Alegre dropped to 52% against Monday’s high of 56% and American Sugar was heavily sold, dropping more than two points. Twenty active industrial stocks on Monday averaged 58.06, up .33 per cent. Twenty active rails average-1 79.66, up .47 per cent.

„ Local Bank Clearings Indianapolis bank clearings Tuesday were $3,709,000. Bank debits were $8,030,000. New York Money Market Bu United Financial NEW YORK, Oct. 16.—Time money dull. Broker* bidding 5% per cent and lending' banks asking nVi per cent for all date*. Oecassionally thirty and sixty-day money is nr-.- —1! r. .. t .p„| ninety-day money and longer goes at 5% per cent. W~ m. paper market lairly active. Prime names SV. per cent: other good names 5% per cent. Foreign Exchange ___ By United Financial NEW YORK, Oct. 16.—Foreign exchange fcppened higher: Sterling, demand. $4.53%: Babies. $4.53 %. Francs, demand, 6.l3'ie: r cables, 6.13 %c. Lire, demand. 4.59 c: cables 4.59%c. Belgians. demand, 5.32'ic: cable*. 6.83 c. Marks, 4,000.000,000 to the dolar. Creefco. demand. 2.97 %e: cables. 2.98%c. Swiss, demand. 17 93c: cables! 17.95 c. Guilders, demand. 39.24 c; cables. 39.27 c. Sweden, demand, 20.35 c: cables, 26.39 c. Pesetas, demand. 13.60 c; cablse. 13.62 c. Norway, demand. 15.42 c; cables. 15.46 c. Denmark, demand. 17.06 c: cables. 17.60 c. OILS REACT IN EARLY CURB MARKET TRADING Park & Tilford Again Features Industrials—Motors Strong. Bu United Financial NEW YORK. Oct. 16.—After strength In the early dealings, oil shares on the curb yielded somewhat in Jater trading. Standard of Indiana went to 56%, up 1, reacting to 55%. Prairie Oil and Gas opened at 169, up 3, and ttas at 167 later. Vacuum held steady above 50. Cities Service was weaker while Mutual was better at 9%. Mountain Producers showed a quarter gain and the same was true of Salt Creek Producers. Standard of New York was showing strength, touching 42%, up %, while Kentucky registered the same advance. Kansas was better by half while Standard Pipe was up 1 point at 93%. Gulf States OU was active at 6 and better. Ford Motor Car showed strength again at 4341t>, up %, and Durant r Motors was steady at 31. Gillette Safety Razor was weak at 267. Park & Tilford again featured the industrials by getting to 31%, up 2% from the previous close. Kresge Department Stores was higher. # Raw Sugar Market By United Financial NEW YORK, uct. 16.—The raw #ugar market opened higher; October. 6.90@ 0.96 c; November. 6.65®5.75c; December, 6.23 @ 5.24 c; January. [email protected]: March. 4.12 @ 4.13 c. American Sugar has purchased 10,000 bays of Cuban raw sugar, second haif of October shipment at 5%c c. ands., unchanged from the previous sale. Cloverseed Market Local dealers arc_ paying >7.60® 10 a

New York Stocks

(By Thomson & McKinnon) —Oct. 16— Railroads— 12:46 Prev. High. Low. p. m. close. Atchison 97 ... 97 97 % B & 0 67 56% 69% 56% Can Pacific... 144 143% 143% 143% C& O 66% ... 66% 66% C* N W *y. 62% 60% 61% 62% Erie Ist pfd. 22% ... 22% 22% Gt North pfd 54 % ... 62 % 64 % N Y Central. 101 100% 101 101% Nor Pacific.. 54% 51% 62 64% Pennsylvania. 42% 42% 42% 42% Reading 76% ... 75% 77 ou Railway. 33% ... 33% 33% Sou Pacific.. 86% ... 86% 86% St. Paul pfd. 26% ... 26 26% C Pacific 129% 138% 128% 129% Wabash pfd.. 32 31% 31% 31% Rubbers— Kelly-Spr. ... 23% 22% 22% 23% 1 T S Rubber.. 37% ... 35% 37% Equipments- S Am Loco mo.. 70 ... 69% 69% Baldwin L0c.118% ... 110% 117% Pullman 117 ... 110% 116% West Electric 57 56% 56% 60% Steels— Bethlehem 48% ... 47% 48% Crucible 60% 69% 69% 60 o Ul r f „ St S teß ' 75 % 73% 73% 74% & S^ 1 • 44% 43% 43% U. S. Steel. 88% 87% 87% 87% Motors— Am. B. Mag. 26 .... 26 20 Chandler M.. 44% .... 44% 45% Gen. Motors. 14 .... 13% 13% Max. M. “A." 37% .... 37% 36% Studebaker.. 97% .... 90% 97% Stewart-War. 84% .... 82% 83% Timken 34% .... 34% 34% Minings— Int. Nickel. 11% 11% 11% 11% Texas G. A S. 57% .... 67% Coppers Am. Smelt... 50% 66% 50 Anaconda .. 36 % .... 35 % 36 Kennecott .. 32 % 32 % 32 % Oils— Calif. Petrol. 18% 18% 19 Cosden 26% 25% 26 26% Houston Oil. 49 % .... 49 48 % Marl and OU. 23% 23% 28% P.-A. Pete ..58% 67% 67% 57% P.-A. Pete B. 65% 64% 55% Pro. A Ref. 22% 21% 22% Pure Oil .. 17% 17% 17% S. O. of Cat 62% 61% 62 S. OU of N. J. 32% 32% 33 Sinclair 19% 18% 19% Texas Cos. . . 41 .... 40% 41 Industrials— A. Chemical. 63% 61% 63% Am. Can 93% 92% 92% 92% Am. Ice 88 88 86% Am Woolen.. 72% 71% 71% 72% Cen Leather. 14% 14% 15 Coca Cola.. 73 .... 72% 73 Cont. Can... 48 % 48 48 48 % Fam. Players 71% 68% 09 71 Gen. Asphalt 28% 28% 28% Mont. A Ward 22 % 22 22 Nat. Enamel 43 .... 41 % 43 % Eears-Roe . . 78 ... 78 78 TJ. S. C. I. P. 38% .... *37% 87% U. 8. In. Al . 52% .... 61% 51% Utilities— Am. T. A T.. 123% .. 123% 123% Con. Gas 00% .... 60% 60% Col. Gas 32% 32% 32% Shipping— * Am In. Cor. 16% 16% 16% 16% In. M. M. pfd 24 23% 23% 23% Foods— Am. Sugar... 62 58% 59 Com Prod.. 124% 123% 123% 124% C. C. Sg. pfd 45% 43% 43% 45% C.-Am. Sg... 30% 29% 30 30% Punta Alegre 54 % 52 % 63 53 % Tobaccos— Tob Prod (B) 56% 55% 55% 56%

ARGENTINE NEWS AFFECTSGRAINS Reports of Bumper Crops Results in Some Irregularity, By United Finaneial CHICAGO, Oct. 16.—Grain prices were irregular at the opening of the Chicago Board of Trade today. Defines in Liverpool and Argentine markets, together with bearish constiuction placed on a statement Issued by a leading operator, created a weak undertone in the wheat market. Lack of export business also had its effect. Slow demand in England resulted in fractional recessions. Argentine suffered a set-back of 3%c with the issuance of report predicting a record yield for that country. Corn showed a strong undertone at the opening, due to the strong cash situation, but met some selling as a result pf a 6c break in the Argentine prices. Receipts were liberal, indicating farmers are taking advantage of the high prices prevailing. Oats lacked features and opened weak. A little selling was induced by the report of a bumper Argentine crop. There was no early trading In provisions, although an easier feeling prevailed. Ghicago Grain Table —Oct. 16— WHEAT— Prev. Open. High. Low. 11:45. close. Dec. .1.08 1.08% 1.07% 1.08% 1.08 1.08% May .1.12% 1.13% 1.12% 1.13% 1.12% July .1.09% 1.09% 1.09 1.09% 1.09% CORN— Dec. ■ 76% .77% .76% .77% .70% .76 % .76 % May . .74% .75% .74% .75% .74% .74% July . .76% .75% .76% .75% .76% OATS — Doc. . .43 .43% .42% .43% .43 May . .45% .45% .45% .45% .45 V. .45% .45% July . .44% .44% .44% .44% b. 44 % CHICAGO. Oct. 16.—Car lot receipts: Wheat, 112; corn, 268: oats, 120; rye, 5. Cash Grain /■ INDIANAPOLIS. Oct. 10.—Total receipts for the day, 34 cars Grain prices quoted f. o. b. basis. 41 %c to New York, hay on track, Indianapolis. Bids for grain and hay the Indianapolis Board of Trade were: Wheat—Through billed: steady: -No 2 hard. $1.05®1.08: No. 2 red. $1.0701.10. Corn—Steady No. 2 white, $1.05(81.07; No. 3 white, $1.04 @1.08: No. 2 yellow, [email protected]: No. 3 yellow. [email protected]: No. 2 mixed, $1.04 @1.05; No. 3 mixed. $1.03 @1.04. Oats—Steady: No. 2 white, 41%@43c; No. 3 white, 39%@41c. Hay—Firm; No. 1 timothy, 522.50@23: No. 2 timothy. $21.50 @22- No. 1 light clover mixed, $22 @22.50: No. 1 clover mixed, [email protected]; No. 1 clover hay, $21.50 @22. —lnspections Wheat—No. 3 red. 5 ears; No. 2 hard, 1 ear: No. 4 mixed. 1 car: sample, 1- car. Total, 8 care. Corn—No. 2 white. 8 cars: sample white. 1 car; No. 1 yellow. 1 car; No. 2 yellow, 3 cars; No. 2 mixed. 1 car. Total, 14 cars. Oats—No. 2 white. 2 dars; No. 3 white. 2 cars; No. 4 white, 3 ears. Total. 10 cars. . Rye—No. 3, 1 car: sample, 1 car. Total. 3 cars.

Grain Briefs

CHICAGO, Oct. 16.—The outlook for the Illinois corn crep continues above the average, but considerably below the high promise of a month ago. Miller operators take the stand that If the Government should arrange to export the heavy domestic surplus it will react on milling business. Floods all over the Southwest, the result of heavy week-end rains, will further delay seeding of the winter wheat crop. Continued favorable weather has materially aided the Argentine crops and record yields In both wheat and com are anticipated. Winter wheat acreage in Missouri will suffer a 30 per cent reduction experts said. Kansas City mills are grinding 83 per gent capacity, compared with So par cent

HOGS SUFFER AN . ABRUPTDEGLINE Excessive Receipts of. 15,000 Serve to Break Market, Hog Price* Day by Day Oct 250-300 lbs. 200-225 lbs. 150-180 lbs 10. 8.30® 8.40 8.20(3 8.30 8.150 8.20 11. 8.50® 8.65 8 40® 8.50 8.330,8,40 12. 8.25@ 8.35 815® 8.25 B.lo® 8.20 13. 8.20® 8.25 B.lo® 8.20 B.oo® 8.10 15. 8.15® 830 8 00® 8.15 7.90® 8.00 16. B.oo® 8.15 7.75@ 8.00 7.50® 7.75 An abrupt decline in hog prices, precipitated by excessive receipts of 15,000, occurred in trading at the local stock yards today, prices having been swept down 16 to 36 cents, though generally a quarter on most good hogs. Despite the fact that shippers were active and packers interested in the market on the break, indications pointed to a large carry-over and traders were obliged to sell their hogs at concessionary prices in order to move them. The top for finished heavyweights was established at $8.16, compared with $8.30 on Monday, while only the best managed to bring more than SB. Mixed hogs sold from $7.76 to $7.90 and were probably 15 to 25 lower while lights at $7.60 to $7.76 were probably 26 to 35 lower than the average cost on Monday. The bulk of sales was made from $7.60 to $7.90. Both sows and pigs were 25 cents lower, pigs selling down from $7.25 and sows down from $6.75. Heavy shipments by farmers hoping to “catch” the market before the break went too far was held accountable for the heavy receipts and consequently the decline in prices. The cattle market was much the same as on Monday, with trading slow and prices on most grades generally weak. Only the very best cattle found a receptive market, while the commoner grades moved with greatest difficulty and at lower prices. One load of choice steers on Monday brought sll.lO. Receipts, 1,000. A Weaker feeling dominated the cal.* market and fewer calves -brought the top of $13.50 than on Monday, while the bulk sold from $12.50 to sl3. Receipts, 800. The sheep and lamb market was quotably steady, though a few good lambs managed to bring $12.60, as compared with sl2 on Monday. Sheep sold steady at $6 down. Receipts, 400. —Hogs— Choice light* $ 7.50® 7.60 Light mixed 7.65® *7.75 Medium mixed 7.75® 800 Heavyweight* B.oo® 8.15 Top 8.15 Bulk of sale* 7 60® 790 PiW, - 6 75® 7.25 Hacking sows 6 60® 6.75 —Cattle Few choice steer* slo.oo® 11.50 Prime corn-fed steers, 1.000 to 1.800 lb* 900 0 9.60 Good to choice steers. 1.000 to 1.100 Ibe 860® 8.60 Good to choice steers. 1.000 to 1.200 ibe 7 60® 8.00 Good to choice steers. 1,000 to 1.700 lb 7.50® 8 00 Common to medium steers. 800 to 1,000 lbs 7.25® 7.50 —Cows and Heifers— Choice to light heifers $ 9.00® 10.00 Good lightweights 7.25® 900 Medium betfers 6 00® 7.25 Common cows 5.00® 000 Fair cows 6 00® 7.50 Cutters 2.75® 3.25 Can tiers 2.25® 3.75 —BullsFancy butcher bulls 8 5.00® 0.00 Good to choice butcher bulls 6.00® 5.60 Bologna bulls 4.50® 5.00 Choice veals $13.00 @13.50 Good veals [email protected] Medium veals 7.00® 10.00 Lightweight reals 7.50® 8.00 Common veals 7.00® 7.50 Common heavies 6 00® 7.00 Top . . : 13.50 —Sheep and Lambs— Extra choice lambs $1000012.50 Heavy lambs 9.50 @11.60 Cull lambs 6 00® 7.50 Good to choice ewe* 8 00® 000 Culls 2 000 3.00

Other Livestock By United Financial CHICAGO. Oct. 16.—Hogs—Receipts. 33.000; market 10c to 20c off; top, 58 15: bulk, $7.20® 8: heavyweight, $7.5508.15; medium, [email protected]; lights, $7.2508.05; light lights, $6 85® 7.65; heavy packing, (Smooth, $6.90® 7.15; . packing sows, rough. $6.76 06.90; killing pig*. s6® 7.40. Cattle —Receipts, 12.000; market fed steers and yearlings fairly active: strong spots higher; top matured steers, $12.80. killing quality, medium to good: numerous loads for steers and yarllngs, $9.75 ® 11.25; run - Includes about 3,500; western grassers, several loads to feeder buyers. $5.25@7; steady; quality she stocks plain; largely dressy spot fed offerings; slow to steady: bulk canners, $2.75@3; cutters up to $3.50; stoekers and feeders Mid bulls about steady; vealers steady to 26c off: bulk heavy bologna bulls, $4.2504.65; light bolognas, $3 50®4.25; bulk vealers to packers, sll® 11.50; outsiders paying up to sl2: bulk stoekers and feeders, $5.50® 7. Sheep—Receipts, 28,000; slow: no western fat lambs sold; few early sales; natives 26c to 60c off; sheep weak, 26c off; feeders steady: fat native iambs, 512.50® 12.75; feeding lambs. $12.50® 13.25: good aged feeding ewes. $6.76. CINCINNATI, Oct. 16.—Cattle—Receipts. 350; market, slow, weak; shippers, s7(u 9.50. Calves—Market, steady: extras. $11.3Q @l3. Hogs—Receipts. 5.200: market, 10® 25c lower; good or choice packers, $8.16. Sheep—Receipts. 500: market, slow, steady: extras. $4 @6 Lambs —Market, weak: fair to good. sl3® 13.50. EAST ST. LOUIS, Oct. 16.—Cattle—Receipts, 6.000; market steady to strong; native beef steers, $0 75 @11.25; yearlings and heifers, [email protected]; cows, $3.500460; canners , nd cutters, $2.15% 3: calves, 512.25 @12.60; Stockers and feeders. 54.50 @6. Hogs—Receipts, 25,000; market 25® 35c lower; heavy. [email protected]; medium. $7.70® 7.90; lights. [email protected]: light, lights, j $6.65® 7.75; packing sows. $6.50® 0.85; pigs. [email protected]; bulk. [email protected]. Sheep —Receipts. 2,000; market 25®50c lower; ewes, [email protected]; canners and cutters, $1 @3.50: wool lambs, $10.50 @ 12.75. KANSAS CITY, Oct. 16. ceipts, 18,000; calves, 4,000; few early sales; oom-fed steers and yearlings steady to strong: other killing classes slow, around steady: weighty steers, $10.76; part load of yearlings, $11,50; she stock, bulls and calves generally steady; desirable Stocker yearlings steady; other alasses slow. Hogs —Receipts, 15,000: very slow; few sales to shippers. 10c to 16c lower; packers talking 25c lower; $7.65 paid for medium weight butchers: few 160 to 170-pound averages, $7.35; packing sows, $8 [email protected]; stock pigs weak: bulk, $5.50® 6. Sheep—Receipts. 9,000; lambs very slow; few sales western. 15c to 25c lower; $12.75 paid; some held higher: sheep generally steady; spots strong: Utah wethers, $7.75; other short decks, $8.25; range ewes to dealers, $5.90® 6.25. CLEVELAND. Oct. 16.—Hogs—Receipts, 2,000; market, 15® 25c lower; yorkers, $8.10: mixed. $8.10; medium, $8.25; pigs, 57.25 ® 7.50: roughs. $6.25: stags. $4.50. attle—Receipts. 800: market, slow and unchanged. Sheep and lambs—Receipts. 800; market. 26c lower; top, $13.35 Calves— Receipts, 300; market, 60c lower; top, $13.50. PITTSBURGH, Oct. 16.—Cattle—Receipts, light; marks!. slow; choice. $9.35 @lO good. $8.6009.16; fair, [email protected]; veal calves. $13.50 @l4. Sheep and lambs—Receipts, 13 dd; mtrkct. steady; prime weth ers, $7.75@8; good, [email protected]; fair mixed. [email protected]: lambs. $9018.75. Hogs—Re♦'eipts. 20 dd; market, lower; prime heavy, [email protected]: mediums, $8.40 @8.45; heavy yorkers. $8.40 @8.45; light yorkers. $7.75® 8; pigs. $7.5007.76; roughs,. [email protected]; stags. $4 @4.60. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift A Cos.: Ribs—No. 2,30 c: No. 3,17 e. Lotos —No. 2. 26c; No. 3, 18 c. Rounds— No. 2,18 c; No. 3, 15 c. Chucks—No. 2, 18c; No. 8,11 c. Plates—No. 2,8 c; No. 3. 7 c. Local Hay Market Loose hay— bales. 817020;

THE INDIANAPOLIS TIMES

‘Death Car’ After Wreck in Which Nine Lost Lives

* '* s°i .' > ’ ■\ x ' "~ 4/ i\ x v ( 'v‘>'. , ?-i' / spJwi ’Sjff J.IS •-, \- > ■ . ■ i-) y

A TANGLED MASS OF JUNK WAS ALL THAT REMAINED TODAY OF THE AUTOMOBILE IN WHICH NINE PERSONS WERE KILLED SUNDAY WHEN STRUCK BY A BIG FOUR TRAIN AT BROOKFIELD, INDIANA.

Your Dollar Uncle Sam Tells Who Gets It

Tractors ff \ Lapor/ 3 \ y LI \ /tfNHs u kcN-Tb yi’hoerr&l 1 \Ovf’RH£Ap// \ IALS \TAx£s^!f Dll Rslab •y j ITH the Government entering \\£ an anti-trust suit against big ■ -I mantifatcurers of tractors and other kinds of farm machinery the various costs of manufacture in this industry promise to be very much in the public ey® in the next few months. Materials, principally steel, are the biggest factoor in farm machinery making, according to figures gathered by the United States Government. These figures were not collected In connection with the suits. Labor in the farm machinery Indus try gets 22 cents out of each dollar while material® eat up more than twice this amount, 47 cents. The manufacturer gets 31 cents to pay his overhead, profit and taxes. Increasing wages 20 per cent in this Industry would increase the selling price 4.4 cents in each sl. Increasing materials 10 per cent would raise costs 4.7 cents. NEXT—Ice Cream

Produce Markets

INDIANAPOLIS, Oct. 18—Fresh eggs, loss 'off, 36c: packing stock butter, 28c. springs, under 2 lbs , 33c; springs, over 2 lb*., 10e; fowls, 4 lb*, up, 22c; fowls, under 4 lbs.. 17c; Leghorn poultry, 26 per cent discount; cocks, 10c; young tom turkeys, 12 lbs. up, 27c; young hen turkeys, 8 lbs. up. 270; old tom turkeys. 23e; ducks, 4 lbs. up. 15c: geese, 10 lbs. up, 11c: young geese, 6 lbs up. 18c: squabs. 11 lbs. to the dozen. $4; young guineas. 1% lb*, up, dozen. $7; old guineas, dozen. $4.50. Indianapolis creameries are paying 16a a lb. for butterfat. CLEVELAND, Oct. 18.— Butter —Extra in tubs, 40% @6l %e; print*. 49%®50%c; firsts, 47% 049 %c; packing stock. 34 % 0 38He. Eggs—Fresh gathered northern extras. 41c: Ohio first*. 37c: western firsts, new cases, 350. Poultry—Heavy fowls, 28® 28c; light fowls. 18® 21c; ooeks, 15@17o: broilers, 26® 27c: ducks, spring, 18 @ 22c. Potatoes—Virginia cobblers, $5®6.76 barrel. $4.65 a 160-lb. sack. CHICAGO, Oct. 16 —Butter—Receipts, 10.404; creamery extra, 47%c: standards, 46c; firsts, 43 @ 44c; seconds, 41® 42c. Eggs— Receipts, 5,518; ordinary firsts, 26 020 c: firsts, 30® 84c. Cheese--Twins. 24@24 He: Young Americas, 25@26%0. Poultry—Receipts. 18 cars: fowls, 14®20c; duck*. 20c; gee*e, 20c: springs, 18%@19c: turkeys. 26c: roosters. 14c. Potatoes —Receipts, 389 cars: Wisconsin round whites, $101.26; Minnesota and North Dakota round whites. 70® 80c; Red River Ohlos, 90c; russets, [email protected]; Colorado russets, SI.BO. NEW YORK, Oct. 16-— Flour —Quiet and steady. Pork—Quiet; mess, $25.50 @26. Lard—-Firm: Mid-West spot. sl3 06013.16. Sugar—Raw firm, 7.00 c: refined firm; granulated. [email protected]. Coffee—Rio spot, 11% @U%c; Santos No. 4, 14%@16%e. Tallow—Firm special to extra, 7%@7 %c. Hay—Dull: No. 1, sls; No. 3. $12.60 013. Dressed poultry—Steady: turkeys 20@660: ehickene, 23®43c: fowls, 15@33%c; ducks. Long Island, 27c. Live poultry—Weak; geese, 20® 22c; ducks, 14® 23c; fowls, 20 @2Bc: turkeys, 35@40c; roosters, 16c; chickens. 20® 22c: broilers, 23® 24c. Cheese —Easy; State whole ml I kT” common to special, 22@27%e; State skims, choice to specials, 100 190 lower grades, 6® 15. Butter —Stronger; receipts. 11.140; creamery extra, special market, 48% @ 49c: State dairy tubs 39® 47 %c. Eggs—Quiet; receipts, 24,100; nearby whites, fancy, 78®82c: nearby State white, 40®80c: frehs firsts to extras, 35® 49c: Pacific coast, 40@74c; western whites, 40®80c: nearby browns, 50®60c. Danish butter, 45% @ 47c; Argentine, 42® 44c.

Business News

CHICAGO, Oct. 16—Standard Oil of Indiana has reduced gasoline In Kansas City one cent a gallon ‘to 119 c in tack wagons and 13.90 at filling stations. NEW YORK—U. 8. Rubber has reduced Certain grades 3Vi to 12% per cent and advansrfng other grades 7 % to 10 par cent. New prices are net to dealer*. DETROIT—Kresge Company officials estimate 1923 gross sales at $80,000,000, Including the coming holiday trade. Nine months’ Bales totaled $54,017,447, averaging about .$0,000,000 a month. MONTREAL —August output of Canadian newsprint mills was 114.721 tons, anew high record. Average daily production was 4,299 tons, increase of 047 In the daily average over August, 1922, The previous high was reached in May, 1928, 111,135 tons, while the June output waa 108,832 tons. DALLAS*—With rains continuing steadily in many parts of Texas, floods have caused heavy damage to (Tops, highways and bridges in the Fan-Handle. • CHICAGO—The stteei market ia showing more signs of steadinea Inquiries for about 100,000 car# arc now in the market. Illinois Steel, subsidiary of*TJ. B.• Steel, has closed down two more blast furnace* at Joliet for A few day*, leaving twenty-one out of twenty-seven in operation. Mills are operating about 91 per cent. In the Cotton Market By United Financial NEW YORK, Oct. 10—The cotton market opened lower. Octover, 29.80, off 16; December. 29.21, off 11; January, 28.68,

Marriage Licenses i Clarence Cllngenpeol. 27. Shelbyvllle, Ind.; Louise Bentley, 19, 1022 Churchman. I W. J. Arthur, 82, 1913 Ruekio; Sue Butler. 29. 281 N. Addison. F. O. Cook. 23. 417 Concord: Thelma Oliver, SO, 3064 W. Vermont Cornelius Coleman, 60. 3733 Northern: Ethel Turner, 37. 3733 Northern. Edward Branton, 51. 632 Leon; Carrie Williams. 83 532 Leon. Zeus Frederiksen. 23. 602 N. Dewey: Rose Anna Whittaker, 31, 121 8. Scherman. WUUam Nichols, 24. 411 W. North: Birdie Neal. 28, 411 W. North. W. J. Goger, 29. 314 Parkway; Anna Gavin, 27. 019 3. Weet. Earl Biggerstaff. 23. 1733 Yandes; Twelzle Smith. 28. 2014 Martindale. N. C. Yaeger, 22. Hotel Edwards; Irene Martin, 19. 240 McKim Births Boys William and Charlotte Houston, 200 N. Jefferson. Ollvrr and Helen Stout 2230 N. Alabama. John and Geneva Reese, 1326 W. Tenth. Owen and Rosa Young 2263 Columbia. Charles and Lottie Clevenger, 2248 N. Martindale. Rush and Margaret McKinney. 925 Eugene. Bdward and Freda Weddle, 789 King. Robert and Maude Ashman. Long Hospital. Dallas and Fern Perolfleld, Long Hospital. John and Collne Fuehrlng. St. Vincent Hospital. Donald and Lillian Yliet, St. Vincent Hospital. Charles and Mary Baker. St. Vincent Hospital. Wilson and Loren a Hoyt, 911 Jefferson. Robert and Ida Childers. 904 Drexel. Ernest and Faye Smith, 3014 W Vermont David and Louise Threlkeld, dt yhospital. Talmadge and Anna Latta, city hospital. Girls William and Olive Wagner, 806 N. Bancroft. James and Vada Crumbaugh, 2426 N. Rural.

It’s Worth Money to Any Father to Read This “Last week,” said Dad to Uncle Bill, “I was groaning about the cost of all the new school books I found I had to buy for the children.” “You ought not to groan about a thing like that,” replied Uncle Bill. “After all, education is about the cheapest thing there is.” “I know that, you old preacher, and I wasn’t begrudging the money. But you see, I had just made a payment On the house and I was rather short of cash right at the time.” “Well, what did you do, get credit at the book sellers!” “Not a chance. I happened to read in the paper one of those little talks about want ads. This one told about how folks are always saving old things—storing them away where they’re no longer used and soon forgotten.” “That hits you off all right—you’re always doing that.” “Yep. This time I cashed in though. I sold that lawnmower we used to use down at the other place and some furniture and father’s old banjo and a few other things. Got enough for the lot to buy all the school books, with enough left over for a pair of shoes all around. Not so bad, eh f You may telephone your ads for insertion under u Miscellaneous for Sale.” Courteous, trained ad' takers will give you every assistance. The Indianapolis Times MAin 3500 Ask for an Ad Taker Read for Profit Use for Results .

Cedi and Sara ?loyd. 181 V. Harding. George and Vlootrla Hendrixson. 2170 Hazel. William and Matilda Cox, 4800 B. Twen-ty-First. Perry and Hazel Lemplin, 86 S. Summit. Albert and Maude Marts. 837 N. Colored®. Jean and Evelyn Saylor, Long Hospital. John and Mary Newcomb, St. Vincent Hospital. Doyle and Hazel Refuel, 417 B. TwentyFourth. Talbert nad Helen Willi*. 324 W. TwentySixth. Jamee and Margaret Veneoney, 716 Economy. Harol dand Lulu Richer!, dty hospital. Jack and Ruth Wallace, dty hospital. Lesley and Iva Spillman, dty hospital. Grandvllle and Daisy Swears, dty hospital. Deaths Ernestine Asher. 62, Central Indiana Hoepit al. chronic myocarditis. Ludan Swope. 18. Methodist Hospital, streptoooedc septicaemia. Goldie' Gaether. 19 Union Btetion. fractured skull, accidental. Marjorie Pearl McGuire, 7. Methodist Ho*, pltal. fractured skull, acddental. Marguerite Halsle Perry. 16. Long Hospital, epilepsy. Wiley Williams. 39. 978 W. Twenty-Fifth, lobar pneumonia. Mary .Tones. 48. Methodist \ Hospital. chronic cholecystitis. Henry Re mire Carpenter. 8 months, 2018 Columbia, broncho pneumonia. Mary Evelyn Pierce, 41. Methodist Hospital. acute dilatation of heart. Creed Albert Chownlng. 26. 035 Adelaida, acute dilatation of heatr. Ella Nora Thomas. 53, 2000 Alvord, acute fastro enteritis. Dorothy La Vonne Mason, 3, 1820 Blaine. appendidtls. Local Wagon Wheat Loral mills and elevators are paying $1.09 for No. 2 red wheat.

The Wm. H. BLOCK CO. P|lii:BASi®EN| STORE ff|g Sale of Fashionable DRESSES For Women and Misses $15.00, $16.75 and $19.75 Qualities - #■ Fascinating Styles! jjSjjßgx Dresses for the Mature Q Woman and Piquant 6| The low price in no true values of these Bpll dresses—they are so fine and beautiful at id the price' that they ™ seem like “miracles” in merchandising. A sale of hundreds of dresses that will meet the exacting demand of women who wish high quality, low priced dresses for such practical wear as Street, Office and School

The Materials——Canton Crepes —Chiffon Velvets —Crepe de Chines —S at ins —Poiret Twills

Colors — Navy, Brown, Cocoa, Black and Beaver /

Specials in the Domestic Department

Fancy Outing Flannels 17c 27 Inches wide; double fleeced, soft and fluffy; n#at checks, plntd and striped effects on llyht (rounds. BLANKETS Standard sit®, 04x76 inches; made by “Nashua” Mfg. Cos.: close, firmly woren nap, which Insures warmth and wear; gray, white or tan with washable color stripe border. Extra ne •pedal fI.SJI)

Two-Trousei Suit Sale For Men ®9O Coat* Vest and Young I and 2 Pairs of Men I _ W Trousers Suits of unusual quality for such a low price. Good allwool fabrics, tailoring that would be worthy of much higher-pricea suits. Newest models and fabrics for the coming fall and winter. Plenty of dark colors.

All-Wool Winter Overcoats For Men and Sale $ 4 A qc Young Men Price *

Men’s Trousers Sale Price *2.98 For Work or Dress

The Styles——Tiered Models —Pleated Styles —Straight Lines —FlouncedEffects —Coat Styles

“Mohawk” Unbleached Sheetings 49c 9-4 Width. (No phone orders.) S-FOCND COTTON BATTS— Comfort else 72x90 inches ; fine, soft white cotton. (No ?hone orders.) Ex- qa ra special, roll S“C SEAMED BLEACHED SHEETS—DoubIe bed else neatly hemmed. (No phone orders.) Extra nt •pedal /4C

Bell Bottom Trousers Plain colors, penoil stripes and fancy colors, also corduroys.

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