Indianapolis Times, Volume 35, Number 148, Indianapolis, Marion County, 2 November 1923 — Page 18

18

STRENGTH AGAIN FEATURES TRADE IN WAD STREET Stocks Give Further Demonstration of Their Rallying Ability, The WALL STREET JOURNAL NEW YORK. Nov. 2.—Tlje eom.ned Federal Reserve ration lost a alf point during the week, due to ■.ember banks building up their rerves. Compared with four weeks go, the present ration is off a half oint, while for the corresponding eriod last year there was a loss of • 4 points. This encouraging outlook nd another weekly totai of car loadings in excess of a million helped peculative sentiment and prices uaintained a strong tone in today's • arly dealings with Marine leading ;he industrials and Atchison and Union Pacific heading the rail group. First Hour Stocks in tht general list gave a further demonstration of strength toward the end of the first hour in the tacq of another break in Texas Corntuny, which dropped to anew low for ihe year at 35%. In the face of this ■veakness, new highs on the movement were reached by D., L. & W. and other active rails, while Continental Can, Overland preferrred. Mack, Congoleum and other Industrial specialties extended their previous gains. American Can continued to reflect the anticipation of an extra dividend of $1 a share in December. Second Hour Some effort was made In the late morning to rally the low-priced ells to ffset the heaviness in Texas Company e success was met in this di- . .. However, the general list . liy absorbed all the offerings, prices selling off very little from the best levels of the movement. American Sugar sold off to 52% due to the weakness of the refined and raw sugar markets. But the stock received good support on the reaction. Noon Hour Price movements in the noon dealings suggested no immediate reaction of consequence was in sight, especially with American Telephone financing scheduled next week. Continued selling of Texas Company was accompanied by reports of either dividend reduction or financing. The latter development was considered more probable, as one of the largest shareholders of Texas Company expressed the opinion that the present rate of payments would not be cut at the next meeting. Fourth Hour Shorts derived no comfort from the market's action in the early afternoon. Uttle selling pressure was in evidence in any section of the list while the market as a whole had a confident ring. Rails were stimulated by C. & O. and Reading, which reached new liighs on the current movement while the Industrial leaders regained practically all ground lost on the morning's trading. United States Steel was the leader on the movement and word was passed around in speculative circles that this stock would be employed to head a further rise in the whole market. Twenty active industrial stocks on Thursday averaged 88.41, off .12 per cent. Twenty active rails averaged 80.01, up 1.19 per cent.

Local Bank Clearings Indianapolis bank clearing* Friday were $3,406,000; bank debits were $0,550.000. Foreign Exchange SKW YORK. Nor. 2 —Foreign exchange lower: Sterling, demand M.46H: cable. $4-46 H. France, demand. 5.80 c; cable. 5 BO.HO. Lire, demand. 448 He; <iable. 4.13 He. Belgian francs, demand. 4.96 He: • able. 4 97c. Marks. 500.000.000.000 to the dollar. Czeeho-Slovak kronen. demand. 2.93 c: cable. 2 93 He. Swiss francs, demand, 17.76 c; cable. 17.77 c. Gilders, demand. 38.72 c: cable. 38.75 c. Pesetas, demand. 13.28 c; cable. 13.30 c. Swede kronen, demand. 28.26 c; eaHe. 26.30 c. Norway kronen, demand. 14.96 c; cable. 15.00 c. New York Money Market By United Financial NEW YORK. Nov. 2.—Time money dull; hrokers bidding 4* per ■■ent and hanks asking 5 per cent for thirty to sixty-day money. Longer dates at 5 and 5H per cent. Most of the trading ia at 5 per cent. Com merciai paper market fairly active at 5 to 5 % per cent.

Produce Markets

INDIANAPOLIS. Nov. 2.—Fresh eggs, ’oss off. 40c: packing stock butter. 28c: spring*, under 2 lbs . 23c springs; over 2 'be.. 18c: fov-la. 4 lbs. up. 22c: fowls, under 4 lbs.. 17c; Leghorn poultry. 25 per cent discount: cocks. 10c; young tom turkeys. 12 !be. up. SOc; young hen turkeys. 8 lbs. up. 30o: old tom turkeys 25c: ducks. 4 lbs. up. 16c; geese. 10 ibe. up. 12c young geese, 6 lbs. up. 15c: squabs. 11 lbs. to the dor.. $4: young guineas. 1H lbs up. dor.. $7; old S lncas, dor.. $1.50: rabbits down. No. 1. r.. $3 50. Indianapolis creameries are paying 48c a lb. for butterfat. CLEVELAND. Nov. 2.—Butter—Extra, in tube, 54 Hlt 56Hc: prints. 53 H 055 He: first*. 52 H 0 -54 Hc. Egg-—Fresh gathered norther.i extras. 54c: Ohio firsts. 48c; western firsts, new caces, 46c. Poultry—Heavy fowls. 23w 25c: light fowls. 17@18o; •■neks. log lflo springers. 22@23c: ducks. '4 025''. Potatoes—Mn-h>gan round whites. ?1.85@2 per 150 pounds; Maine. $2.50® 2.85 jxr 150 pounds: Idaho rurale. $1.50© 2 per 100 pounds: Colorado brown beauties. $1.7503 per 100; eariy Ohios. sl.ls‘ei 20 per 120. CHICAGO. Nov. 2.—Rutter Receipts. 980; creamery extra. 51c: standards. 48He: first*. 43® 46 He: seconds, 42 ® 43c. Eggs —Receipts. 3.460: ordinary firsts, 30® 38c: firsts. 42 © 47c Cheese—Twins. 24 l ; 0 '4 Ho: young Americans. 25c. Poultry—leoeipts. 5 car*; fowl*. 14® 20c: ducks. ’2c: geese. 22c: springs. 18 He: turkeys. .*c: roosters. 14 He. Potatoes—Receipts. .167 cars Quotations: Wisconsin round k. hi tea. B<>c@*l 15: Minnesota and North fcakota V S No. 1. 80c® $1; Red River Bhlos. 75® 96c: South Dakota early Ohios, ■n®9oc; Idaho russets. $1.85® 2. NEW YORK. Nov. 2.—Flour—Quiet and steady. Pork—Dull; mess, $25@26. Lard— F>rm: Med West spot. 513.55® 13 65. Sugar—Raw quiet. 7.09 c: refined easier; granulated. 8.70 @8 85c. Coffee—Rio spot. 11® 11 He: Santos No. 4. 14H®15Hc. Tallow —Quiet: specie to extra. 7H@Bc Hay— Dull: No. 1 $145; No. 3. $1.15@125 Dressed poultry—Weak: turkeys. 26 @ 60c: hiekens. 18® 42c; fowls. 15® 23c: ducks. Long Island. 27® 28c. Live poultry—Un"ttled; geese. 23® 25c: ducks. 14® 28c: owls, 18®29c: turkeys. 40® 45c; roosters. 15c; chickens. 22® 25c: broilers. 28® 30c. *~hoese Steady; State whole milk, common o special. 22 @27 He; State skims, choice o specials. 16®19c: lower grades. s®lse. -iutter—Firm: receipts 6 418: creamery xtra. 60c; special market. 50 l @slc; •tate dairy tubs. 40 6 50c: Danish. 46® 48c; trgentirn, 42®45c Eggs—Firm: receipts. -.518 nearby whit-' fancy. 82®84c: near|r*y State whites. 45® 48c; fresh firsts to I xtras 44@46e: Pa-ific coast. 42@75; ' j-**ra whites. 45® 84c; nearby brown'. 64 ~73e. fresh gathered extras. 60® 64; fresh - e • ,krd. extra firsts 55®59c; firsts.

New York Stocks (By Thomson A McKinnon) —Not. x

—Nov. Z Railroads— Prev. High. Low. 12:45. close. Atchison ... 97 % ... 96 % 97 % B & 0.. ... 58 % 59 >4 68% 68% C & N W Ry 62% 62 62 Erie Ist pfd. . 24% 23% 24% 23% Gt North pfd. 56 35% 55% 55% N Y Cent 101% 100% 101% North Pac . . 53 % 53 % 53 % Pere Marq . . 41 % 41 % 41 % 41 % Penn 41 % 41 % 41 % 41 % Reading 76% 75% 75% 76 So Ry 34% 34% 35% So Pac 86% 85% 86 St Paul pfd. 25% 25 25 25% Un Pac 130 .... 129% 129% Wabash pfd. 32% 32% 32% 32% Robbers— Kelly-Spng .. 25 .... 24 % 24 % U S Rubber. . 34 % 33 % 34 33 % Equipments— Am Loco . . 71 % 71 71 % 71 % Bald L0c0...120-% 120 120% 121 Gen Elec ...178 174% 176% 174% Lima Loco .. 65 64% 64% 64% Wes Elec ... 58% 58 58% 58 Steels— Beth 49% 48% 49% Crucible 62% 61% 61% 62% Gulf States.. 77% 76% 76% 77 Rep I and S 45 ... 44% 45 U S Steel .. 92 91 % 91 % 91 % Motors— Chand Motors 48% 47% 48 48% Gen Motors. 14 13% 14 13% Max Mot A.. 42 41% 41% 42% Mack Motors 76% ... 74% Studebaker .100% 99% 99% 100% Stew-Warner. 78 77 77 78% WiUjrs-Ov pf. 73 71% 71% ... Oils— Cal Petrol... 19% 18 18% 18% Cosden 24% 23% 23% 24% Marland Oil. 20% 81% 19% 18 Pan-Am Pete 68% 66% 57% 57% Pan-A Pete B 65 % 53 % 64 % 53 % Pro and Ref 17% 17% 17% 17%

WHEAT IS SOLD IN EARLY TRADE Importation of Canadian Supplies Partly Responsible, By Faffed Financial CHICAGO, Nov. 2.—Grain prices opened unchanged to fractionally higher on the Chicago Board of Trade. Wheat encountered heavy selling on account of further importation of Canadian wheat, uncertainty over the general outlook on account of alleged political Interference and a sharp break in Argentine values. Russian news again loomed bearish. A responsible New York agency declared Russia shipped 3,000.000 bushels ol wheat and rye between August and October and have already exported more than 1 500,000 bushels to continentals. BroomhaJl declared the Argentine crop was In fine condition and the outlook good. Com ruled fractionally lower with' wheat. Some buying existed, however, induced by forecasts of rains over scattered sections of the belt, from the central district advices declared returns would be disappointing while the Southwest promised a bumper yield. Provisions advanced, despite a sharp decline in hogs. The upturn was caused by some buying induced by the monthly statement showing a marked decrease in supplies. Chicago Grain Table —Not. 2 WHEAT— _ Open- High. Low. Close. close. P*?... 107 107 1 06% 1.07 107% May.. 1.11% 1.12 1.11% 1.12 1-12 July . 1 07% 1.07% 1.06% 1.07% 1.07% CORN— Dec... .73 .73% 72% .73% .73 May.. .71% .72 .71% .72 .71% July.. 72% .72% .72 ~2% 7.% A iTC— Pec . %1 % 41% .41% .41% 41^ May. 43% .44% .43% 44 .44% OcE AR ILSS 11.75 11.50 11.70 12.40 RIDS - Oct . 9.32 9.45 9.30 9.45 9.30 nyr Dec . .69% .69% .69% .69% .69% May.. .73% 73J% £3 .73 ~3% CHICAGO. Not. 2.—Car lot receipt*: Wheat, 26: coni. 197: oats. 101 rye. .

Grain Briefs

CHICAGO. Nov. 2.—Legislation will not aid the farmer, but a fairer relation between 1,,-nx •he pays for everything he buys is imperative, Senator Capper declared Export demand for rye is disappearing. With liberal stocks at terminal markets, there is Ilttli disposition to take the baying side except on breaks. A leading Northwestern mill confirmed reports of the purchase of IFO.OOO bushels of Canadian wheat, but declared it is a usual procedure at thi3 time of year Disappointing husking returns continued to filter in from scattered sections of the ••ora belt. Shipping sales of old com have been cleaned up and there is no disposition to buy except as required. It is doubtful if the grain trade was ever as puzzled over the probable trend of wheat and corn value as at present. Local Wagon Wheat Locat mills and elevators are paying $1 for No. 2 red wheat. Local Hay Market Loos* hsy. $18^*1: bales. $17@20: lifht mixed hay. $17^20 OIL COMPANY DIVIDENDS HELP SOME CURB STOCKS Petroleum Group Responds to Indications of Healthy Condition. By United Financial NEW YORK, Nov. 2.—Declaration of dividens by two oil companies today—Standard of New York which de dared the* regular 35c dividend and Cosden which declared the regular quarterly divitfened of $1.75 on the j referred —helped the general list on the curb, especially the oils. Vacuum Oil went to up Hi New York touched 41%, up 1%, and Indiana went to 56%, up %. Prairie Oil and Gas after getting down to 175, off 3, recovered to 180. Mutual Oil, one of the strongest of the lower priced independents, touched the 10 level, up %. Service was within a fraction of 130. In the industrials. Park & Tilford was back at its high. Just under 35, while Peerless Motor*, which has been weak, recovered a point to 28. Gillette Safety Razor was up 1. The coal issues, though off fractionally, were steady. Goodyear improved a half point and Dublier was around the 12 mark. Tank Wagon Prices (Gasoline prices quoted do not include State tax of 2c a gallon.) GASOLINE—Energee, 18c a gallon: PuroL 14.2 c: Red Crown. 14 2c: Target. 14.2 c: SIR ver Flash. 18c: Standolind aviation. 21 08c. KEROSENE—Cryst aline. 10.7 c: Moore Light. 15c Perfection. 10.7 c. NAPHTHA—Lion Power cleaners. 25.1 c: Y. M & P., 22.1 c: Standolind cleaner*. 22.1 c. Raw Sugar Market By United Financial NEW YORK. Nov. 2.—Raw sugar market opened . lower. November. 6 006 5 30c: December x-4.70e March. [email protected]:

High. Low. P. M. Close. at 12:45 Prev. St Oil of Cal 53% 61% 62% 51% St Oil of N J 33 32 32% 32% Sinclair 18% ... 17% 18% Texas Cos ... 36 % 35 % 34 % 36 % Mining*— Int Nickel ..'“10% ... 10% 10% Copper*— Am Smelt... 55 ... 65 55 Anaconda .. 35 % ... 34 % 35 % Kennecott . . 32 % 32 32 32 % Utah Copper. 60 ... 59% 59% Industrial*— Allied Chem .64 ... 63 % 63 % American Can 98% 97% 97% 98% American Ice. 84 ... 83 % 84 Am Woolen.. 71% 70% 70% 70% Coca-C01a.... 70 % 69 % 70 70 % Cont. Can... 50% 49% 50 49% Fan] Players. 58% 57% 58% 58% Gen Asphalt. 30% 26% 29% "27% Int Hanester 74 73 74 73% Mont Ward. . 23 % ... 22 % 23 % Nat Enamel. 39% 39% 39% 40% Sears-Rbuck 82% ... 81% 82% U 8 Ind A 100 54% 53% 54 54% Utilities— Am T and T. 123% ... 123% 123% Conaoli Gas . 63% 62 % 63 61% Columbia G.. 33% 32% 33 32% Shipping— Am Int Corp 20% 19% 19% 19% Atlantic Gulf. 15% 16% 15% 15% Int M M pfd 34% 33% 33% 34% FoodsAm Sugar . 53 % 52 % 52 % 53 % Corn Prod... 128% 127% 127% 128% C C Sug pfd. 42 % ... 42 % 42 % Cub-Am Sug. 28% ... 28% 29 Punta Alegre. 50% 50 50 50% Tobacco*— Am Tob Cos.. 149 ... 149 149 Tob Prod B. 65% 56% 55% 56%

Business News

NEW YORK. Nor. 2—On Oct. 22 the railroad* of the country had 23,895 surplus ■!aj-9 in good repair and immediately available for servloe, while the shortage was placed at 13,655 cars, according to the American Railway Association. The total surplus was a decrease of 3.167 cars under the Oct. 14 total, while the car shortage decline was 2.265 within the same period., CHlCAGO—Earnings statement of Strombwg Carburetor Company for third quarter, which will be Issued in the latter part of November, will show a substantial increase in profits over the corresponding period last year. Business was beyond expectation* during the third quarter, notwithstanding ths fact that August and September usually show a seasonal decline. WASHINGTON—The rise in stock market values and the activity following the announcement of U. S. Steel Corporation s dividend were viewed by treasury officials as indicating a more optimistic view of the country's economic conditions. It was pointed out that the steel industry is the usual barometer for business conditions in the country However, high treasury officials would not venture an opinion as to the possible connection with the recent developments on the New York Stock Exchange and the developments of the future. NEW YORK—Great Northern Railway's revenue freight loadings for October were 128.004 cars, the largest monthly total in the company a history and 31 per cent over October. 1922. Ten months loadings totaled 922.582 cars. DETROlT—Chevrolet produced 56,233 car* and trucks in American and Canadian plants in October, a ne* high record for al ltime. This compares with 42.972 In September and 46.433 in August. Washington—The condition of the cotton crop on Oct. 15 was 47.8 per cent of normal. Indicating a total prod-.qUor this year of 10.248.000 five hundred pound bales, the Department of Agriculture reported. The Oct. 25 condition indicates a yield per acre of about 128 9 rounds the department reported Ths condition of the crop on Sept 25 was 49.5 on Oct. 25 a year ago 52 6 and on Oct 25. 1921 32.2. Last year the total production was 9,761 - 817 bales two years ago 7 953 641 balea. The average production for tho five years. 1915-1019 IU 11.481 084 bale*. Indianapolis Stocks —Nov. 2 Bid Am Cent Life ...200 ... Am Creeotlng Cos pfd 96 ... Belt R R Cos com 70 73 Belt RR Cos pfd 32% ... Century Bldg Cos pfd 98 CUtes Service com 127 13fi Ci*es Service pfd 65% 68 Citizens Gas Cos com 26% 28 Citizen* Ga# Cos pfd., 100 102% Ind Hotel com 100 ... Ind Hotel pfd .....100 ... Ind Nat Life 8 Tnd Pipe Line pfd 84% 87% Ind Title Guar Cos 70 ... Indple Ab pfd 50 Indnla Gas 40 53 Indpls A Northwestern pfd. . 36 45 Indpls A Southern pfd 50 Indpls St R R 57 Indpls Tel com 1 ... Indpls Tel pfd 90 ... Mer Pub Util Cos pfd...*. 82 Nat Mot Cos 2% Pub Sav Ins Cos 12 ... Ranh Fer pfd 50 ... Standard Oil of Ir>d 54% ... Sterling Fire Ina Cos 9 ... T H l & E com ' 1 5 T H I A E pfd 16 v T H Tr and Lt Cos 76 Union Trac of Ind 1 5 Union Trac ot Ind 2at pfd 24 Union Trac of Ind 2d pfd. ... 4% S' Van Camp Prod Ist pfd 100 Van Camp Prod 2d pfd 100 Van Coal Cos com . * 1 4 Van Coal Cos pfd 9 J 5 Wabash R.v Cos com 9 Wabash Ry Cos pfd 31 % 34 Bonds Belt RS Y 4s. May. '3O 82% ... Broad Ripple 5s 66 Citizens Gas 5s 86 88 Citizens Gas 7s 09 103 Citizens St R R ss. 80 83 Ind Coke Cos 6s 89% 03 Ind Hotel Cos 5s 92 % ... Ind Hotel Cos 2c 6s 99% .... Ind North 6s 50 Ind Ry and Lt 5s 90 95 Ind Union Trac 5e ... Indpls Ab C-> 7%5. 100 103 Ind Col A So 6a 06 100 Indpls Gae 5s 88 87% Indpls Lt and lit 5s 94 96% Irdpls A Mart 60 Indpls A Northern 47% 61 Indpls A Northwestern 47 52 Indpls A S 6s 40 Irdpls. Shelby A S E 50 Irdpls St Ry 4s 64 67 Indpls Trac and Term 55... . 85 % 88 %, Trdpls Union Ry 5s 95 ... Indpls Union Ry 4%s 05 ... Indpls Water 4%s 85% 88 Indpls Water 5%s 93% 95% South Ind Power 5s 105 ... T H I A E 5s 65 70 Union Trac of Ind 6a 64 69 Dressed Beef Prices Wholesale selling prices on dressed "beef. Swift A Cos.: Ribs—No 2,30 c: No. 3, J7e. Loins—No. 2. 25c: No. 3, 18<\ Rounds— No. 2. 20c: No. 3,15 c. Chucks—No. 2. 13c: No. 3.10 c Plates —No. 2. 8c No. 3,7 c. In the Cotton Market By United Financial NEW YORK. Nov. 2.—Cotton market opened higher. December. 30.63. up 13; January, 30.08, un 10; March. 30.03, up 3; May, 30.05. up 7. Cloverseed Market Local dealers are paying $7.50® 10 a bushel for cloverseed. I ' Ring Distributor Named H. C. McGowan, proprieter of the M. & T. Motor Service Cos., 340 N. Keystone Ave., today announced he had taken distribution for the Kendell piston ring, at the same time organizing the Indianapolis-Kendell Cos. The firm, it is announced, will carry a complete line of rings for service stock and will supervise installation. Furniture Is Found on Torch Who lost a divan, upholstered tapestry and a small table? Mrs. Harry C. Beyer, 637 Dearborn St., found the furniture on the porch of her home today. Where they came from is a mystery. Filling Station Is Robbed Robbers entered the Nolan flllling station at Kentucky Ave. and Howard St. Thursday night, stealing inner tubes and automobile f'res. Caleb Johnson, 122 Reisner S'. mbloye.

T m: INDIANAPOLIS TIMES

HOGS DECLINE TO FALL’SLOW LEVEL Bulk of Sales Again Ranges Between $7 and $7.25, Hog Prices Da.v by Day Oct. 250-300 lbs 200-225 lbs. l;0-180_lb B--77. 7.80® 8.00 7.50® 7.75 7.-3® 7.50 29. 7.75 Sf 8.00 7.40(a 7.60 7.20® 7.40 30. 7.50® 7.65 7.20® 7+o X'2-2* 4xo 31. 7,25 m 7.90 7.4a® 7.70 7.2a@ 7.40 N i OV '-r 0p 775 7 30® 7.50 7.00® 7.25 S! 7.501i 7.65 7.20® 7.45 7.00$ 7.15 Hog prices descended to the recent low level of the fall season in trading at the local livestock market, today, due to fairly heavy week-end receipts of 11,500 and reports of lower prices at other marketing centers. The day’s decline was quotataly 10 to 15 cents, but late bids on unsold hogs indicated even a larger drop in instances. Shippers were moderately active, but their requirements were not large and local killers largely controlled prices as the bulk of sales was left to them. A top of $7.65 was established for heavies as compared with $7.75 Thursday, but most sales were around $7.50. while mixed sold from $7.20 to $7.45 and lights from $7 to $7.15. The bulk of sales ranged from $7 to $7.25. Pigs held generally steady at $6.50 down, but sows were weak to 25 cents lowe * at $6.25 down. Receipts at the local market this week have been abnormally large and while prices have declined the break has not been as severe as the excessive ieceipts would indicate, traders asserted. The cattle market was fairly active at the opening with a fair class of ‘•necessary’’ buying in evidence. Buyers have evidently become consoled to the absence of prime cattle from the market at this time and are resigned to the necessity of obtaining their supplies from the offerings, traders believe. Cattle bringing about $lO have been extremely scarce all week. Receipts, 800. Some strength was noticeable in the calf market, though choice veals remained unchanged at $12.50 down. The bulk, however, sold from sl2 to $12.50. Receipts. 600. A better quality of lambs was offered for sale and prices were generally steady at $12.50 down while sheep held firm at $6 down. Receipts, 800. Choice lights 0 **7....S 7.00® 7 10 Light mixed Z l?® A j" Heavyweights ‘ £o® 7 65 Bulk of sales IZ v.'.v.v.v.v-'.v.-V”::: om> Packing sows 5.75® 6.25 —Cattle— _ Few choice steers 510 00® 11.50 Prime corn-fed steers. 1.000 to n 1.800 lbs . . . 0 00 ' a ® G TIOO 1 : 00 ° .*? 8.50 ®9 00 Good to choice steers. 1.000 to 1.200 lbs ...: 7.50® 800 Good to choice steers. 1.000 to 1 700 lbs 6.00® 7.60 Common to medium steers. 800 to 1.000 lbs 5.00® 7 00 —Cows and Heifers— Choice to light heifer* .... 5 £!??!? Good heavyweights I 2'2? Medium heifers I Ao Common cow* -*—•••• £GO jx n.O Fair cow. 7.60 Canner* 2.25$ 375 —Bulls— Fancy butcher bulls . .. ■■ $ g O®'? Good to choice butcher bulls. 5 00® 5.60 Bologna bulls 4.50® 5.00 "CftlVFfr "* Choice veals *mnninoO Good veals - Medium veals ~ 2'r£ffi 1 2'nn Lirhlweight veals 7.00 ® 8.00 Common veals —• • • 2 i- iJ Common heavlea ‘ 00 Top •• ; $3 50 / —Sheen and Lamb*— Extra choice lambs sl 2 ?? 17 Henvy lamb* Snoai'An Cull lambs Zoo oSu ‘V. ° . ewe# ::::::: !:00l I™.

Other Livestock By United Financial CHICAGO. Nov. 2.—Hor*: *5 000; market 15*(?25e off; top. $7 50: milk. Jfl.SOfg7.3o. heavyweight. §Z * medium. s7@7 50; light. $6.5007 40; light light*. *6 37; heavy packing, miooth. SO 40 0.75: parkin* eow*. rough. So 20 (ft 6 40: killing pigs. 55.25 0 6.25. Cattle Receipts 4 000; market for killing classes, uneven; generally steady: common and medium grades predominating early sales short fed steers and yearlings $0 60 3 9 60' few western grass steers. $6.26® 7: plain kinds down to $5 50 and bet wo; most bologna bulls. $4 250 4 50. vealers. $lO and below. stockers and feeders steady to strong: bulk. $5.5006 50. Sheep— Receipts 10.000; market for killing classes fairly active; feeders slow; market generally steady: bulk fat native lambs and fed westerns. *12.75018: few native* to city hutcheri. sl3 35: cull natives, $9.60010; odd lots heavy native ewes. $4 0 4.50 sevral decks good lightweight feeding lambs. $12.25. EAST ST. LOUIS. Nov. 2.—Cattle —Re ! oeipts. 2,000; market -about ste-ady: native beef steers, $lO up: year ings and heifers. $10.25 up; cows, $3 7504.50: dinner* and cutters. $2.2533.25. calves. $10.oO; stockera and feeders. $2.76® 5.50. Hogs—Receipt* 17.000; market 10c to 15c lower: heavy. $7 0 7.35; medium. $7.1607.35; lights, $6 5007.30; light lights $0.15® 7.15: packing sow*. $60640; pirs. s6® 6.75: bulk. S7O 7 30. Sheep—Receipts, 1,600: market nominal. 26c lower; ewes. $3.5006.26; dinners and cutters, $103.60; wool lambs, $10.50012.75. KANSAS CITY, Nov. 2. —Cattle—Receipts. 3 000; calves. 1.000: all killing prices generally steady: few odd head prime steer* and heifers. $11.25: yearlings. $11.35; bent cows, *3.2504.50: canners, *8.15® 12.26: calves steady: top veal, $8.50; stockers and feeders scarce, around steady. Hogs—Receipts 10.000; few light lights 25<* lower: 130 to 140 pounds. $0 06.25; pa- ltera bidding 25c lower on butchers: packing sows, $0 1506.35; stock pig*. $5.1505.50. Sheep —Receipts. 3,000: killing prices steady; top native lambs, sl3; odd lot fat ewes. $6.750 7. EAST BUFFALO. Nov. 2.—Cattle—Receipts. 750; market fairly steady; shipping steers. $9011: butcher grades, $809; cows, $1.50 06. Calves—Receipts. 1.500; market slow. *1 lower: culls to choice. $3,500 12.50. Sh®ep and lambs—Receipts. 11.000; market active; choice lamb*, sl3 @13.25; culls to choice, s7@ 12.60; yearlings. *7 ft? 11: sheep. $308.50. Hogs—Receipts, 11,200: market slow, 15c to 25c lower; yorkers, $6.5007.75; pigs. $6.50; mixed. $7.75 07410: heavies, $808.10; roughs, $5,250 6: stags, $4 04.50. PITTSBURGH. Nov. 2. —Cattle—Receipts, light; market, steady: choice, $9 0 9.50; good, $8.2508.65; fair, $607.15: veal calves. 812 013. Sheep aud lambs—Receipts, light: market, steady: prime wetheis, $7.75 0 7.90: good. s7® 7.50; fair nixed, $5.5006.50: lambs. $10013.75. Hogs— Receipts 40 dd: market, lower; prime heavy, $7.7507.80; mediums. $7.7007.75; heavy yorkers. S7O 7.70; light, yerkers. $707 25; pig*. $6.50 0 6.76; roughs, $0 00.50: stags. $3.50® 4. U. S. TURNS LOCKSMITH In 1922, 350,000 Pootofficii Patches Are Repaired The postal laws and regulations forbid postmasters or other postal employes to repair locks, themselves, and as a result 18,000 were sent during the year to the mall equipment shops in Washington to be repaired, says the Scientific American. .he average cost of repairing each lock amounted to about six and a half dollars. Figures just compiled show that the Postoffice Department manufactured ‘350,152 locks during 1922 at a cost of $79,000. In 1921 the number of locks turned out for the use of the postal system was 136,938, the cost being $47,600. According to these figures, 213,214 more locks were mam’ * • >-r*rl in i fKrm in IC‘ >l

Inscription on Shaft Is Belied by Surroundings

i|L s „ V -i. . ■'* *■•

OLD CONFEDERATE MONUMENT

U I )AP,” the Ivatln word for I l (‘‘peace," is carved on a l 1 shield over sheathed swords on a monument that stands alone In the manufacturing district of West Indianapolis. Itris a shaft erected by the United States Government in memory of 1,616 Confederate soldiers who died in the prison camp in Indianapolis. The names of the men ara on the monument. The inscription has In lt an element of irony, for the neighborhood is anything but quiet and peaceful. On one side of the monument is a busy factory with humming wheels, on another side is an interurban freight house where cars are con-

Your Dollar Uncle Sam Tells Who Gets It

BREAKFAST FOODS if Cer-rTfe \\ I naffer- \ ia -' 5 Over bead Jr /r?c/CAC?<nff Zr ,wmioT >wtx. Os * comm. fT""TJ ANUFACTURERS of hrqakfast J food in the United States in a L, .J year receive about $1.50 for every person in the country. The greater part of what they receive goes to iay for thlr materials. According to Information gathered by the government, seventy four cents cut of each dollar the breakfast food manuflacturer receives represents the cost of his material. Six cents pays his labor, leaving him 20 cents to pay his own profit, overhead and taxes. A sixteen per cent increase in wages would increase the selling price not quite one cent on each dollar—ninetysix one-hundredths of a cent is the exact figure. A sixteen per cent increase in the cost of materials would add nearly 12 cents on each one dollar. NEXT—lssoe Ksar Tots $320,000 Ksar, the French horse, heads the list as the greatest turf money winner in the world, with a total of $320,000. Isinglass, an English horse, is second with $291,275, and Donovan, another English horse, is third with $277,215. Zev is the leading American ttirf winner, with a total of $254,936.

Popular By United I'rrsn GREAT BEND. Kas., Nov. 2. —One girl in Great Bend uses a multigraph in corresponding with her many male admirers, the manufacturers of the machine advertise.

The Indianapolis Times Circulation Statement October, 1923. Total Distribution 1,637,669 Daily Average Distribution y 60,654 Daily Average Unpaid 3,455 DAILY AVERAGE NET PAID FOR OCTOBER, 1923 57,199 DAILY AVERAGE NET PAID FOR SEPTEMBER, 1923 ; 57,056 GAIN 143 DAILY AVERAGE NET PAID FOR OCTOBER, 1923 • 57,199 DAILY AVERAGE NET PAID FOR OCTOBER, 1922 55,107 GAIN 2,092 C. B. Julian, Manager of Circulation of The Tndianapolis Times, being duly sworn, solemnly declares the foregoing is a true and correct statement of the circulation of that newspaper. C. B. JULIAN, Circulation Manager. Subscribed and sworn to before me this 2nd day of November, 1923. W. B. NICEWANGER, Notary .Public. My commission expires January 29th, 1924.

stantly loading and unloading. Workmen are constructing more freight houses and long rows of tracks. On the other sides of the structure are poor residencas and outbuildings. The monument stands in a weedgrown lot, surrounded by a rusty iron fence. It is all that Is left of Greenlawn cemetery, where the pioneers of Indianapolis were buried. Among the weeds inside the lot stands a single weather-beaten headstone, marking the grave of somebody’s mother. The Inscription, now hardly decipherable, reads: "Our Mother "Charlotte Demming "Died June 25, 1819."

RETIRED PRINTERS MAY LIVE IN SOUTH

Florida Home Planned by Typographical Union, Millionaires will have nothing on the aged and infirm members of the International Typographical Union if the organization's executive council, with headquarters here, finds merit in the proposal of the West Palm Beach Union local for the establishment of a home in Florida The southern union has offered fifty acre* of land for the nucleus of a home site in the Palm Beach region along the famous Indian River In the heart of the orange country. High up in the Rocky Mountains the international union now maintains a Union Printers’ Home that is larger and more imposing than most reeort hotels, and the grounds of which cover . 255 acre*. The hospital facilities at the home near Colorado Springs | have attracted wide attention and artistic landscaping has added to the : beauty of the scenery of the far-flung ■ mountains. The audition of a Florida home in ; the winter climate belt was proposed at the recert convention of the union in Atlanta. Ga., and the executive council was instructed to Investigate. The council will journey to Florida this winter to view the West Palm Beach site and also to look at other property in that State suggested by members of the union. minebsTwear tin rats Protection Against Falling Rock Given by “Iron Derby.” The trench hat, “the old tin hat,” is coming into quite extensive use as a means of head protection against small falls of rock in mines of several States, says the Scientific American. Many of the miners have been soldiers and came back with a wholesome respect for the trench hat. It was argued that if, in fun, a comrade could strike the top of the tin hat a strong blow with the hut of a rifle, without local injury to the wearer and no further inconvenience than the sudden vision of a few stars and a seemingly telescoped neck, then the accidental fall of a ten-pound piece of ore, a frequent occurrence in the mines which may seriously wound or kill the miner would do no damage to him. One mining company was so impressed that it gave out a large number to its miners.

400 desirable all-wool Patterns and fashion Combinations on display in .Our salesroom-plainly Priced and conveniently Displayed. Bolts of woolens are bought In quantities direct from the Woolen mills and come direct To our salesroom. Our own tailors build them To measure in any Style desired. The measuring, the cutting, The fitting, the tailoring, The pressing—every Operation that goes into the Completed suit or overcoat Is made in our own shop. Every piece strictly all-wool And thoroughly coldWater shrunk. Your order for a suit or an Overcoat is given with the Distinct understanding that You shall have a fit the way YOU want a fit or you do not Take the garment, and you Are to be the one to deecide. The prices are extremely | Moderate, being made | Possible on account of our | Buying in large quantities ' And producing garments in Large quantities. We’ve been offering these Values for some years past, And the fact that we enjoy An increasing patronage Substantiates our claim Os Offering exceptional Values at extremely Moderate prices.

Made to Your Measure Suits and Overcoats ’29---’35- ! 45 And With the Understanding They Must Fit th Way YOU Want a Fit, or You Do Not Take the Garments

Ready-for-Service Suits These garments are made up from our own bolts of woolens during spare time. They are tailored in every respect as are our custom-tailored garments. Being made in quantities and in stock sizes, we can, offer them at the unusually low price of—*2s Among these wall be found a few Individual made-to-measure garments that have never been called for. Some of them are of our highest grade. They are offered at ex* tremely low prices. If you can find one your size m bargain awaits you.

I CAM tailoring LCUIi company (131 E. New York St. (Vp*UlHff TWO ENTRANCES: j 254 Maßßachu#ett , Open Dally Till ft |. M. TPI+fME ~

FRIDAY, NOV. 2,1923