Indianapolis Times, Volume 35, Number 186, Indianapolis, Marion County, 18 December 1923 — Page 11
i. U 1, 10,
SELLING FAILS 10 FOUNDATION Os GENERAL LISI Early Unsettlement Affects Individual Stocks, Not Groups. The WALL STREET JOURNAL NEW YORK. Doc. 18.—Stocks were unsettled in the eariy dealings on the stcck excnainge today preparations to give the soldier bonus measure the right of way in the house. However, the thought that the final disposition of this question had to bo 'made before the Mellon tax program ec-uld be considered served as a sustaining influence and prices among the active issues showed a steady tone early 'a’th good demand and plentiful offers for the leaders of th° recent advance. First Hour
Further selling in the course of the first hour furnished at. excellent test of the market’s technical condition, which test was passed in impressive style. Traders trying to bring a reaction on the basis of congressional uncertainty found stubborn support .tinder most stocks which prevented a normal setback. Baldwin gave ground more easily than the other Industrial leaders, but professional pressure exerted against this stock had special help in the unfavorable showing of the company's current bookings. Second Hour Professional selling continued in the late morning and irregularity characterized the fiuctutians in the general list. But the undertone was confident and offerings were absorbed in orderly fashion. In addition to the oils, several other groups displayed special strength. Stocks benefiting from the splendid character of the holiday trade were in particular demand. In cer tain great shopping districts of New York City police reserves have had io be called out to handle the great crowds of shoppers. Noon Hour Steady accumulation took advantage of the morning recessions among the equipments in the noon hour and American Locomotive, Lima and Baldwin stiffened under support that bore appearance of originating among influential interests. A slight recovery from the morning's setback also was noticeable in other sections of the list and an undertone of steadiness cropped on i : many places. However, little of the forward movement was resumed. Fourth Hour Trading subsided in early afternoon, the general list showing a marked Pendency to turn dud on further relesions. With the press un lifted tom the main body of stocks , opera tions for the rise were renewed in several sections of the list. Corn Products showed extraordinary vitality. rebounding to around its best on the movement after losing more than five points in the morning. Interests Identified with the company declare there will be no unusual dividend de velopments at the next directors' meeting. Twenty active industrial stocks on Monday averaged 93 ft* up .03 per cent. Twenty active rails averaged 80.18, off .47 per cent. Local Bank Cbarmgs Indianapo'is bank rearing* Tuesday were *3.613,000. Bank debits were $7,033,000. Foreign Exchange Bu Unittd Fin' nnal JPI'V YORK. Dec. 18.—Foreign exchange opened steady: Ster ing. demand. $4 37 % ; eabie. $4.37% Fran-s demand, 5 23c: caf>V, 5”3% c Lire. demand. 4335 c eab'e. 4341*0. Be'rian. demand 4.5P%c: eab'e. #.O(V Marks. 4 tri’Hoa to the dollar. O echo demand. 2.02 e: eab'e. 2 92%c. Swisn. demand 17.43 c; eab’e. 17 45c. Rui ders, demand. 38 10c; cable. 38 10c. Petn. demand. 13 04c; cable. 13.00 c. Bwedq demand. '’o.2oc; cable. "0 33c. Norway demand. 14 05e cable. 14.09 c. Denmark. 17.83 c: eab’e, 17-87 c.
Protiuca Markets
INDIANAPOLIS. Dw. IS—Frch rvgs 1o off. 42c packing t'-~k butter 28'-: ■pring“ over 2 lbs.. ISc; sow s, 454 ’b= up. *)c: fow’? under 44 ’bs.. 16c: L'-ghern iutry 25 p'-r cent <li=-cvint; rocks. l"v. >ung tom turkcr*. 12 'be. up. 85c; yotmir brn turkeys. S 'b. up. 25 o'<4 tom turkeys. 20c ducks. 5 ’bs up. 16 g 10 lbs up 16c: squab-. 11 lbs to t'r dm. younsr guineas. 144 'I s to do? . $7: o'd i guineas. do* $5 r bbit-. drawn. No. 1. do*.. 53. Indiartapo’is '-romeries aie paying 56’ per lb. for butterfat CHICAGO Dec. IS.—Putter—Receipts. 10P83: ereamerv extra. 53c standards. 4f>He: flrts. 44 , 4 647 1 4c; s onds. 43’*- 6 43 44c —Receipts. S.SS4' ordinary pests, 74*' file fir=t-. 40e Ch'-e-c—Twins. 23e; Young Americca, 25. Pou try—Receipts. 12 cars; fowls. 14 618 c: ducks. 18c; geese. 17c springs 16 He *urk"v, 22c; roosters 12 4c. Potatoes—Receipts 357 cars; Wisconsin round whites 1)5c6 81.25: Minnesota and North Drkota V S. No 1 and Minnesota round whites. POeiSfSI Red River Ohios. 51.15; Idaho Russets. 51 606 1.75. CLI’V’I.AVD Dee IS—Butter —Extra in tube 57 6 50c: extra firsts ''6 658 c firsts; 65 6 57c packing stock 3-’ iff 35c; st dard. 556 57c: prints lea round extra Ends — Fresh eratherrd northern extra. 43c: extra firsts 47c Ohio firsts 45c: western firsts. 44c Poultrv—Live fat fowls. 23 634 c: sprincers. 206 21c: Ic-horn fowls 16c; old roosfrs M'S? 15c: geese •o*2’" herjvy whi*“ ducks 23625 - licht ro’ored d”C’ts. 18@20c: iredivm fow’s 10620 c: tu't'"vs. Po'a’oes—>tl. hiyan round white. $1.2062: fhio S°'<f ° 15: Minnesota while branded *1 50<f2: New York. $2.5063; all in 150-pound bars NEW YORK Dec. 18—F'onr—Quiet and tm’h 'need Pork—Dut’■ mess. $25 5°6 26 50 Lard—Steady: mid-west 001. 513 30 613.40 Sugar—R iw. .inlet 7 41c refined easy; snmu'ated. S.flflgfififV. r n Wee—Rio spot 11c: Santos No. 4. 14*4 <9lsHc. Tallow —Dull: speda’ to extra, 7 H 67 \ r Hay —Quiet: No 1. $150; No .3 SI 256130; No 4. *1 156130 Dressed pou'try— Steady: turkeys. 20645 c; chickens. 10*2 44c; capons 256 48c- fowts 13@31e: du'-ks. Lone Is’and. 15 6 28c. Live pou’try —steady rcee, 23 6 36c; ducks. 14 6 26c; low's. 206 26c- turkevs 32 <a 3s<- chicken*. 21@22c: broi’ers. 40 6 42c- capons. 25® s(3o: all In express. Cheese—Quiet: 9tate ■fcho'e milk, common to special, 136 27c; skims, choice to spec!a s 16 613 c: lower grades. 5615 c. Butter—Steady: recripts. 6.106: creamery extra". 54c: special market, 54‘4 6fc r 'c: State dairy, tubs. 406* 53 54 c: Danish. 53®53*4 c; Argentine 416 45c: Canadian. 51 652*4 e. Ergs—Quiet: receipts. 13.117: nearby whites, fancy, 62c: nearby State, white. 46 6 62c: fresh firsts to extras. 43@54c; pacific coast 42662 c: western whites. 46 6 62c; nearby browns, 53 660 c Hospital Trustee Resigns Bu Time* Svecutl RUSHVILLE. Ind.. Dec. 18 —After nerving for eighteen years, Joseph L. Cowing has resigned as a trustee of . the Eastern Hospital for the Insane at Richmond. fti
f New York Stocks rbons-nt v vfrKinnon* —Dec. 18.—
| Railroads— 12:45 Prev. High. Low. p. m. <’ nse. Atchison.... 90 Vi ... 90 % 90 % |B & 0 58 V* 57% 57% 68% C & 0 70% 70 70% 70% C & N W Ry 51 50% 60% 61% ; 'trie Ist pfd. 28% 28% 28% 28% |Gt North pfd 50 % 56 50 6G % I Lehigh Valley 60% ... 00% 60% N V Ccmra. .104% 104% 104% 104% | Nor Pacific. . 62% 51% 62 51% ! P-Marquette. . 40% ... 40% 40% ”enn >y vania. 42 ... 41 % 41 % Reading 77 ... 76% 77% ! S,u Pacific.. . 80% 86 86% 86% St. Paul pfd. 21% 21% 21% 22% |U Pacific 127 125% 120% 127 Wabash pfd.. 34% 34 34 34% Rubbers— Kellj-Spr.... 31% 30% 31% 32% |U S Rubber.. 38 ... 37% 38 1 Equipments—--lAm Looomo. 72 71 % 72 % 72 % Ba.dwin L0e.125% 123% 124% 125% Gen Hectrie.l9s% 195 195% 196 Lima Locomo 65% 04% 66% Pullman 121 % ... 120 % 122 % Westingh El.. 60% ... 00% 60% Steels— Bethlehem... 63 62 52% 53% Crucible 65% 05% 05% Gulf Stales . 81 .... 79% 81% R. 1. & Steel 49% 48% 48% 49% ts. S Steel. . 95 % 94 % 95 % 95 % Motors— Am B. Mag.. 30% 36 37% Chandler M.. 65 63 % 64 % 64 % Gen. Motors 14% 14% 14% 14% Max. M. IA) 48 46% 47 48 Max. M. (B) 13% 13% 13% St. and baker ..100 104% 104% 106% Stromberg ..80% 79 81 Stewart-W... 90% 88% 90% Timken .... 38 % .... 38 % 39 Willys-Over... 10% .... 9% 10% Oils— Cal Petrol.. 25% 24% 24% 25% Cosden .... 36 % .... 34 % 36 PoiiSton OIL. 60 68% 68% 70 ; Marl and Oil.. 3b % .... 35 36%
GOVERNMENT CROP FIGURES ISSOED Value of Winter Wheat Crop Placed at $543,825,000, Bu United Financial WASHINGTON, Dec. 18—The de partment of agriculture today announced its preliminary estimates of the total production and vaiue of the principal 1922 crops raised in the United States in 1323, and revised estimates of 1922 crops as follows: Corn, 1923, 3,054,395,000 bushels, valued at $2,222.013,000; 1922, 2,906,020,000 bushels, valued at $1,910,775,000. Winter wheat, 1923, 572,340,000 bushels, valued at $543,825,000; 1922, ,"56,878,000 bushels, valued at $614,399.000. Spring wheat, 1923, 213.401,000 bushels. valued at $181,676,000: 19_2, 280,720.000 bushels, valued at $259,013,000. All wheat, 1923, 785,741,000 bushels, valued at $725,501,000; 1922. 867.598,000 bushels, valued at $873,412,000. Oats, 1923. 1,-99.823.000 bushels, valued at $539,253,000; 1922, 1.125.803.000 bushels, valued at $478 948.000. Bailey. 19.3, 198,185.000 bushels, valued at $106,955,000; 1922, 182.065.000 hushels, valued at $95,560,000. Rye, 1923, 63,023,000 bushels, valued at $40,804,000: 1922. 1U3,362,000 bushels, valued at $70,841,000. Ail hay. 19:3. 106.6f6.000 tons, valued at $1,390,967,000: 1922. 112,013,000 | ons. valued at 11.319.277.000. Cotton. 19f3, 10,081,000 % les. valued at f1.563.347,000: 1922, 9,761,817 bales valued at $1,161,846,000. Sugar beets, 1923. 6,893,000 tons. I valued at $49 890.000; 1922, 5,183,000 tons, valued at $41,016,000. CUR3 STOCKS DECLINE IN INITIAL TRADING Standard of Kentucky Proves Exception to the Rule. "ii rn’tril r n final NEW YORK, Dec. 18.—Immediately after the opening, the curb market today slumped on profit taking, largely among the oils. Southern Oil of Kentucky, which is said to be considering a stock dividend of 40 or 50 per cent, was the exception at 110, up Vacuum was at 55. Reading Coal Rights at 21%, off %: Hupp at 19. Radio at 4%, Mesabi at 8%. Prairie at 228, up 1; Penn.-Mex.. 36, up I Gulf. 61%. up ■%.
Business News
NEW YORK Dee. 18—Oltirial denial is made of rumor* tliat negotiations for ;ea*e of United Cixar Stores Compai.y of America to Schu.tr Retail Stores Corpora.ion had been suddenly urmmat- U Some and tails remain to b- worked o.it and the negotiations are n.a ing steauy progress. The main teare* have here agreed upon. Though the -oivcluaion of the transaction must necaa sarily be eontmzrnt on the agreement eonC Tuinx the e remainni; details. There is nothing to lustify the rumors that any hitch has occurred. CHICAGO—The proposed merger of Cudahy Backing Company and Independent Packing Company into an $80.000,000 cornoration has been dropped. TULSA. Okla—Rumor persists that MidContment crude mar be advanced Tuesday morning. The Champion Refining Company ->f Enid is paying $1 75 a barrel for Tonkawa crude or a premium of 50 cents a barrel, and is only able to get 2.500 barrels a day. It wants 6 000 barrels. BOSTON—The Everett Mill* at Lawrence wi'i shut down from Dee. 19 to Jan. 7. due to the depression in its line of cotton goods. NEW YORK—At the meeting scheduled for Wednesday Baltimore A Ohio directors expect to declare the second quarterly 1 % per cent common dividend since the resumption in Septemb'-r B &O s November net earnings expected to show a considerable recession from October and December, may show a further r- duetion both due to the • ontinuation of *arge maintenance expenditures. At the end of November the < omnstiy had earned the entire years fixed charges and preferred dividend* with a balance equal to about sl4 a share on $152,000,000 common NEW YORK—lllinois Traction declared an extra $1 50 common dividend. Th" company also declared the regular quarterly 50 cent common dividend In tLe Cotton Market Hi) United Financial NEW YORK. D-c. 18.—Cotton market op-ned lower: December 34 00c off 20 points January. 34.20 c off 8 points: March, 34.48 c. off 22 points; May. 34.70 c, off 20 points. Raw Sugar Market Bu United Financial VFW YORK D -<• 18 —The raw sugar market opened steady. December, 5.73® 5 7.’anua- v, ", 94 ® y March 4 66® 4.67 c: May, 4.7l<fi 4 73c: Julv 4 76*54 77c. Dressed Beef Prices Wholesale selling prl on dressed beef. Swift A Cos.: Ribs—No 2,30 c: No. 1, 170. Loins—No. 2. 230: No. 3.18 c Ro nds— No. 2. 20c: No. 3, ’sc. Chuck*—No. 2. 18c; No. 3.10 c. Plates—No. 2,8 c; No. 3.7 c. New York Money Market Hv United Financial NEW YORK. Dec. 18—Tltn.v money market quiet at 5 to 5 % per cent Commercial paper market fairly acU* at t % to 6 per cent. i
12:45 Prev High. Low and m close Pan-Am. Pete 03% 6: % 62% 63% P-A Pete (B) 61 59% 59% 61% Pro. & Ref.. 30 29% 29% 29% Pure Oil .... 21% 20% 20% 21% S. Oil of Cal 61% 60% 60% 61% S. Oil of N. J 37% 36% 30 % 37% Sinclair .... 36% 25% 25% 26% Texas Cos 43 42% 42% Minings— Ot. No. Ore . 28% 28% 28% Int Nickel 14% 13% 14% Coppers— Am Smelt... 57% .... 57% 57% Anaconda . . 37 % .... 37 % 37 % Kennecott.... 34 % .... 33 % 34 % Industrials— Allied Chem. 70% 69 69% 70% Anirr Cm ..100% 105% 105% 106% Amer Woo'. 72 70% 71% 71% Com and Tab 87 % ... 87 % 87 % Cont Can. . . 53% 52% 53% 53% Davison Ch. . 80 77% 78% 79% Fam P avers. 67% 66% 67 67% Gen Asphalt. 37% 35% 36 37 Int Paper... 39% 38 38% 39% Mont Ward.. 24% 24% 24% 24% Nat Enamel. . 41 % 41% 41% 42 Sears-Roe. . . 80% . . 60 87 CSC 1 Pipe (it % 62% 63 63 U S ind Alcj 65% 64% 64% 66% Utilities — Am T and T. 127% . . 127 127 Con Gas 57% 57% 57% 63 Col Gas 33% 33% 33% 33% Shipping— Am Int Corp 23 ... 22% 23% Int M M pfd 29% 28% 28% 29% Foods— Am Sugar... 58 ... 57 57 % Am Bt Sug. . 42 ... 42 42 Corn Prod ..156% ... 155% 157% Cu Cn Su pfd 59% 59 59% 59% Cu-Am Sut, nr 33% 32% 33 33% Punta Alegre 65% 55% 55% 55% Tobaccos— Am Tob ...148% ... 147% 146% Tub Prod B. . 73% 70% 71 73%
GRAINS AFFECIED By CROP REPORT Whole Market Responds to Government's Estimates. Hu United Financial CHICAGO, Dec. 18.—The Government report showing larger supplies of all grains than expected brought selling and a lower op'-niug on tiie Chicago Board of Trade today. Along with the bearish construction placed on the Government report, wheat also suffered when a decline in Liverpool's midday trading reflected on the local market. Argentine reported favorable weather following rains. Export business remained limited, only 250,000 bushels being worked overnight. Longs and some of Monday’s heavy buyers started the day's trading in corn by liquidating. The Government crop report was also regarded as bear- | Ish m this market. Foreign and do- | mestic crop and weather news was generally favorable. Oats showed little life at the out- ' set, following other grain In the weakness. Lower hogs and cables reflected on the provisions market and prices were | unchanged to lower. Chicago Gra : n Table At 11:45—Dec. 18 WHFAT— Prev Open. High. X.ow, Close close Dre 1 34% 1 O'. 1 04% 1 f>4 % 1 ’>.'•% Mav . 1 09% 1 09% 1 08% 109 1.09% 1.09 July.. 1 07 107 1.00% 106% 107% 1 07 CORN— I Dee.. .70% 71% .70% .71% .70% 70% 70% May.. .73% .74 73 .73% .73% .73 ! Jluy.. 71% .75% .74% .75% .74% .74% OATS— Dee .. 42% 43% 4° % 43% 4” % I Mav.. .45% 45% 45*. 45% 45% July.. 43% 43% 43% 43% 4 *'• CHICAGO Dec 18—Primary receipt**: Wheat. 1.089.000 iminst 1,846 ('00: .--m 1596 001* against 1.738.000: data. 884 000 i against 772.000 Shipments—Wheat. 531, -OO against 493,000 corn 754 000 against 408.000; Oats, 579.000 against 487.000. CHICAGO. Dee 48 —Car lot receipt*: Wheat. 40 corn, 413: oats 127: rye, 6.
Gra ; n Briefs
CHICAGO. Deo. 18. —Approximately 15,i 00.000 to 20.000,000 bushels of wheat remain at terminals at Ft. William, with navigation closed. Open winter has enabled farmers of the Northwest to clean up late fall work and ■onserve feed gupp'ies for livestock. The unusually favorably weather has also permitted plowing on a larger area than a year ago. Far ners in Kansas have declined to adept anything less than 60 cents a bushel for their corn. More com is being loaded in the West ind the primary movement last week exceeded tho previous week sand last year's. Wheat showed a heavy reduction. It looks as if the market is in for a dull period and at present a ho'iday market is about all that can be expected, a leading expert declared. An increase of more than 100.000.000 bushels of wheat over last year is shown by the report of the A berta Department of Avrieu ture which places the yield at 107,265, 084 bushels. Local Wagon Wheat Local mills and elevators are paying ?1 for No. 2 red wheat. Cloverseed Market deaYra are paying $1 Oft 12 a bushel for cloverseed. SEVEN SLIGHTLY INJURED Three Indiana Intermban Cars Crash on Bridge at Jeffersonville. Bu Time* Special LOUISVILLE, Ky„ Dec. 18Seven persons were slightly injured when three Indiana traction cars crashed in a rear-end collision on the Big Four bridge here. The cars were from Jeffersonville, Seymour and Charleston. Those injured were Richard Robinson. 20, Jeffersonville' Mrs. Raymond Chapman, 19, Jeffersonville: W. B. Schimpff. 33, Jeffersonville - Ed Forsee, Clarksville: C. W. Cooperite, 45, Scottsburg: Downs White, 21, and an unidentified infant. LO VINGHUIBBYSENTEN C ED Mate licks Wrong P'ace to Show Affection for Wife. Bu Times Special MUNCIE, Ind., Dec. 18.—The next time Russell Ash wants to show his regard for his wife he will not do in in front of the police station. He faced a six months sentence at the State Farm for trying to choke h| wife. She w-as on her way to have hV* placed under a peace bond. I’hiladcApliia Editor Dies By United Press PHILADELPHIA, Dec. 18.—G. Rued Yaple, associate ed’-ar of the Times of this city died today.
'l -Lilia US' JL>IAaN A± J OJLi& 'liiViHib
PORKERS DECLINE IN LOCAL TRADE Fairly Heavy Offering of 20 - 000 Are Responsible. rios Prices Dav by Day Dec 250-300 lbs. 200-226 lbs. 150-180 lb*. 12 0.90® 700 6.80® 6.85 6.75® 6.80 13. 7.00® 7.15 6.95® 7.05 6.90® 6.95 14 7.25<>/ 7.45 7.15® 7.35 7.10® 7.25 15. 7.75® 7.30 7.15® 7.25 5.10® 7.15 17 7.30® 7.40 7.20® 725 7.15® 7.20 18. 7.20® 7.30 7.10® 7.20 7.00® 7.10 A rather severe break in hog prices occurred in trading at the local livestock market today as the result of fairly heavy offerings of 20.000 or more hogs and expectancy of continued heavy receipts for the remainder of the week. In the extreme range, the decline was probably 10 to 25 cents, though generally 10 to 15 cents, with numerous sales reported 20 cents lower. The top for heavies was reduced from $7.45 on Monday to $7.30, I while lights sold up from $7, compared with $7.15 on previous trading. Mixed hogs sold from $7.05 to $7.15, while the bulk of sales was made between $7 and $7.15. Sows and pigs reflected the decline by dropping generally a quarter, pigs selling down from $6.50 and sows down from $6.25. Shippers were fairly active, but their demands were insufficient to steady the market and packers entered the market with bids 15 to 25 cents lower and bought the late hogs. An early estimate of local receipts of 25,000 also nad a depressing effect, but the run at 10 o'clock was scarcely at the 20.000 figure. Despite this fact, however, the supply more than equaled the demand. Dullness dominated trading in the cattle market and prices displayed a tendency to weaken in most cases, with only the choicest offerings showing any firmness. About 1.000 head were in the yards, but large buyers were not much interested in the offerings. A weak feeling was evident in trad mg in the calf market though choice veals continued to command a top of sll while the hulk sold from $lO to $10.50. Receipts. 800. A few western-fed lambs command--1 ed a top of $12.50, but the top for natives was steady at sl2 down while sheep were unchanged at $6 down. Receipts 400. —h.e—*'hoire light* $ 7 90® 705 Light mixed 7 05 'i 7.10 j nvx(xl 7.1 n ‘"' 720 | Heavy Wright* 7.20® 7.30 I till k of *a>* 7 30 .•ip* 0 00® 0 60 ' Packing sows 6 75(3 0.25 -•■'Cattle |.>w ehoire *ter* slo.oo® 11.00 FYime -rn-fed steers 1.000 <> 1.800 lbs o.oo® 9.60 Good to eholer steer*. 1.000 to 1100 !bs 8 50 ft 900 Good to choice steer*. 1.000 to 1.200 ibs > 7 50® 8.00 ! Co*’d to choice steers. 1.000 to 1.700 lbs. 6.00® 7 50 Common to rr"dium steer*. 800 to 1,000 !b* 5.00® 7.00 —Cow* mid HfifiTt— Choice to Itjrht hHfer* .... $ 0 ootftio on <iood hf‘avywetfht-1 Medium hit Tera (( ’ *; 7 ?> ’ mrnon ...... 3.0061) 6.00 Fair O HO (<l 7 50 ”ut 'T* 2 75 m. 3 ('aimer® 2 .26 (£ 3.75 —nun®— Fancy hut ’tn“r bull* 5 5.00 6i 6 00 Good to rhoioa butcher bull®. 5 00 r 50 Ho >ff 11a bulls i.oOQ 5.00 —Cal v e Choice vea’s $lO 00(Fill 00 Good vca‘® 9noffcl.UK) I.iffhtweiffht veal® 7.50*1 H.OO Common veals 7 no 4# 7 50 ■ Common heavies 6 00€ ft * 00 , Top 00 —Sheep and l^inib®— Flxtra elvi<'f* lamb® .... . flO.OOfffc 12,00 Heavy lamb* 8.00 M 10.00 jCu 1 -anib* 5.00 700 Good to choice ewe® 4 00 u 7.00 uallt 2.00<d? 3-00
Other Livestock CHICAGO. Dec. 18 —Hog*—Receipt*. 66.000: market slow, most y 10c off. top. $7 20: bu k. $0 [email protected] heavyweight, 0 9*l® 7.20: medium. S*iHs®7 20; lights. $0 55 fi 7; light light*. $6 25*46.75; heavy packing smooth. $6 s(i®o 76: packing ow-t, rough. $0.25 ®6 50; ki'llng pigs. $5.60®6.50 Call e—Receipt*. 11.000 uneven; all killing c*as*-e generally steady: ess destrab e killing qun'ity considered; pots strong on better grades: few fed s*ecrs aral ycar'ing* turn e'lgtbte to exceed *ll ; some yearlings and himiyw eights sll ® 11.50: most short fed kinds ol qun'ity und condition to bring $7.26® 9 25: few oads desirable light beef heifers. $7 50 ® 8 ;,nd above p'ain heifer- numerous, $5.25® 6.26; most fat cows $3 50® 5 25: bulk bo<>gua hulls. $4 ® 4 25: p ainer kin-1* on tern oril'r* $3.75 and Wow; vealtrs stendv 25c higher; out.-i-lers. hand pi lied. $8.50®9 76: packers buying at $9 and beow. general demand stoekera active. Shrep —Receipts. 12.000; fairy active: killing . a*se* tr-'ng. 25c up: feeding lambs slow, look steady; bu% early sales few woo led amh*. 12 25® 12.50: best fall shorn lamb*. $11.25: lightweight ycar'ing*. SU: i {2-lb. choice ’-ged wethers, $ s '.'s light handywetght fat ewes, $7 25®7 50; no ear y *a es feeding lamb* CINCINNATI. Dec. B—Cattle8 —Cattle Receipts. 400; market sow: shipper*. $7.26®P. Caves—Market steady; extra*, slo® 11. Hogs—Receipts, 0.200: market for puckers weak, 15c lower; lights strong;; good to choice packer*. $7 25. Sheep—Receipts, 275; markPt steady; extras, $4 50®5.50. Lambs—Market steady; fair to good, 812.60 ® 13. EAST ST. LOUIS, Dec. 18.—Cuttle —Receipt* 5.000: market beef st-vr* steady: native heel strrrs. $9.75 up: year ings and heifers. $9.50 up: cows, $3.75® 5; winners and cutters. $2 @3.25; calves. $9.60: Stocker- and feasier*, $4 50® 6 Hogs—-Rci-eipts, 23,000; market sow. 10c to l—’ ower: heavy $6.90®7.20; medium. $6.90®7.20: ight*. $6.50®7.15: light lights. $5. 5®7: naoking sows. sos-40.36: pigs. $5.75®0.50; bulk, $6 75® 7.15. Sheep—Receipts. 3.500;. market tending lower oft lambs; ewes, $3 50 @6.50: canners and cutters, sl@3 50: woo! umb* $10.76® 12.75. KANSAS CITY, Dec. 18.—Cattle—Receipts, 12 000: calve*, 3.000: slow: killing (irality plain: no beef steers sold: few sales she-stock steady: early sales beef cows. $4, @525; eanners. .->'l • 5 bulls and ealv--a steady: bologna*. $.3.50@4: top veal- : ers $8 50: better grades Stocker* and feeder* steady, others s'ow. Hogs—R-ee'pts, 18 000: little doing; few 200 to 920-pound average* to steppers at $6 70@6 80: about 10c lower: bulk 1.30 to 140-pound average at $0 25rp 6 .35 packers holding back Sheep —Roeeipts, 0 000: slow: few- salos lambs steady to strong: early top fed lots $12.10. /EAST BUFFALO. Dee. 18.—Cattle— Re-V-ipts, 475: imu ket fairly active, steady: diinplng steer* $9 hi 10; butcher grades. ST@9: cows. $1.60®6.50. Calves—Receipts. 400: market f.-lr'.v active, steady: cud* to hoiee, $.3 50@12 50. Sheep and lambs— Receipt*. 5.000; market s’ow. steady: choice ambs, [email protected]: cut's to choice. 87® 11.50: year'ing's. $7.50@10; sheen. s3@B. Hog*—Receipt*. 8.800: market active. 10® 25c lower: Yorkers. $7®7.50: pigs. S7@ 7.50: mixed, $7.50: heavies $7.50; roughs. ¥5.75@6 50; -tags. $3 [email protected]. PITTSBURGH. Dec. 18.—Catt’e—Receipts I light market steady: choice. $9 25 (a 9 50: good, $8 25® 8.75; fair, 80@7: vea 1 calves, sl2 @12.50. Sheep and 'ambs —Receipts 'ight, market steady: prime wethers. $7.50® 7.75; good. [email protected]; fair mixed, $5.60® 0.50; lambs, s9® 13. Hogs—Receipts. 25 doub'e decks; market steady: prime heavy. $7.50® 7.60; mediums, $7.50@7 60: heavy yorkers. 57.50® 7.60; light yorkers. s7® 7.25; pigs, $7 @7.25; roughs. $5.50 @0; stags. $3.50®4. Tank Wagon Prices (Gaso'ine prices quoted do not include State tax of 2c a gallon.) GASOLINE —Energee, 10c a gal'on; Purol, 12.2 c; Red Crown. 12.2 e; Target. 12.2 c: Silver Flash, 10c; Standollnd aviation. IO.OSo KEROSENE— Crysta’ine 10.76 c: Moore Light, 15c; Perfection, 10 75c. NAPTHA —Lion Power cleaners, 25 le; V. M. A P., 22.1 c: Standollnd cleaners, 22 6c.
Your Dollar Uncle Sam Tells Who Gets It,
JOG> PRINTING f 7l M>\ n Cent's. \ f Labor-) \ l ” \ rials } \\ Ceoi-i \ / 'X 'Profit' 8* \ II Overhead \ // /Wc /c/c/mcf \y/ *e S >I9Z3 LSy Ralph F Coach, Vash.DC CCORDING to studios by the United States Department of t___J Labor, job printers average the high*?st wages of any of the skilled workers in the United States. This may not be true in all places, but the department found that it was true when the conditions throughout the country Were averaged. Despite the high wage, materials play a greater part than wages in the cost of turning out job printing, according to data gathered by other Government departments. Materials took 39 cents out of each dollar received by the owner of the printing plant, wages 27 cents and profits and overhead. Including taxes, 34 cents. If materials for job printng rose 5 per cent the plant owner could cover the Increase by adding 1.9 cents to each dollar h<* received. For a 5 per cent wage increase he would add 1.3 cents. NEXT—Toys.
QUALITY OF CORN IS REFBRIED POOR Considerable Acreage Expected to Be Hogged Off, From two-thirds to three fourths of Indiana’s 1323 corn crop is already gathered, George C. Bryant, agricultural statistician reported to the federal department ol agriculture to day. Disappointment over the quality, however, 's expressed, as Lryant estimates that it will take foui bushels of this year's crop to produce the livestock gain of three l uthels of last year's crop. Corn yields are running under earlier forecasts and a materially larger acreage will be hogged off this year, due to poor quality and the scarcity of buskers. Winter wheat and rye continue to look good. Hessian fly has been reported only in a very few sections Young clover is reported about the ►ame as last month with most jastures gone. Excepting hog cholera, which .s rapidly being brought under control, ah livestock is reported in good condition. Temperature for the first two weeks of the month averaged considerably above normal, notwithstanding the extreme cold of the past few days. Precipitation Is reported as frequent and excessive. Interfering with out door work. Floods In southern sections caused only slight damage, tho riport concluded. Marriage Licenses M. L. Hunt 20. 1014 Columbia; Cora Bf-vts. 19. 837 Wallace W E Walliek 45. Sidney. Neb Bernice Brown, 29, 116 W Twenty-First Harry Fryuiuth. :>.*. Cambridge. Ohio; Mary McAdams. 30, 650 Flctclicr Ralph Floyd. 22. Hotel Roosevelt; Mario Trucblood 21 712 N Illinois. L. L Cox. 25. 129 N. Chester; Haxel Dye, 26. 1101 Market Walter Alexander 44 1034 Vanderman Mnxfe'le Hawkins. 24. 1414 Minor-qua Ivan Fallow-field 24 22 >8 Northwestern: Nannie Clark. 20 2259 Northwestern. H. C. BroeUlng. 19. .304 Bosart; Alice Carp- nter 18. .'*2l Drexrl. P. D. Johnson 23 Y M. C. A.; Etlene Turner, 19 1422 Bradbury. N. F. Gibson, 27, 2007 Stuart; Albert Banks, 29. 800 River. Births i Bo> * Earl and Mt’dred Keith 'ey. 3713 Stanton George and Minnie I'restou. 2202 N Ga e. O iver and Rachel Shafer, 2922 N Gale, '•-aae and Frances OUey, 1052 Btdleiontains. nunoey and Gladys Smith, Methodist hospital. .... von and Juliet Newhouse. Methodist hospital. Chester und Margaret Lawson, Methodist hospital. John and Leah Johnston, Methodist, hospital. Louis and Beatrtee Segar, Methodist hospital. tsussell and Hultla Merritt, Methodist hospital. Henry and Stella Hazelwood, 3418 W. Michigan. Me., in and Sarah MtCraokon, 140 Fulton Russell and Ruth Marshall. 1029 8. Ala bamu William and Emma Roberts. 835 W. Twenty-Sixth. Ju ius and Lennie Prelogle, 46 S. Hawthortm Lane. Guh and Blanche Karas, 1030 E. Troy. Raymond and Minnie Wliitehou.se. 131 N. New Jersey. Leo and Margaret Scott, 839 E. Maryland. Girls James and Inez Mcuride, 1506 Hoyt Alfred and Johanna Croan, 546 W. Miley. John and Mary Ga lagher, 541 S. Senate. John and Bertha Eng c-rt. 108 N. Miley. James and Nettie Guy. 420 Ketch am Clark and Margaret Johnson, 810 Wyom in*. William and Luidle Duvall, 700 N. Alabama. C : rcnce and Daisy Nungester, 2710 W. Tenth. Harry and Doris Beebe, Methodist hospital. Deaths Benonia Stra o* 15 N. Ritter, mitral regurgitation. William Edward Goodspeed 40 7 Virginia Apts., acute dilatation of heart. Joseph A. Swartzel, 74. 2302 Broadway, carcinoma. Phillip S. Williams, 53, city hospital, acute myocarditis. Athalee Smith, 21 1408 E. Washington, acute dilatation of heart. Samuel A Cox. 50. Methodist Hospital, earclnoma. •John W. Timmons, 50. 1151 Hoyt, cerebral hemorrhage. Arrnead Walker. 55, city hospital, acute dilatation of heart. George W. Thompson. 65. 342 W. Twelfth 'ethargic encephalitis. Dorothy Anne Hoff. 3 days. 1853 Jones atolentasis. Karl F. Rommel. 43, 1510 Edgemont er bral hemorrhage. William Areher. 43. 510 W. Fourteenth ■rganie heart disease. Gustave A. Haller. 02. 401 N. Arsena' rebral apoplexy Ira Sheets 60. 1220 N. Harding, chronic myocarditis. 1 Ollie Drake, 27, 1907 Columbia, cirrhosis ot liver.
HARDING SHRINE HORiAL FUND IS NEAR $9,1 T Tomas Marshall Will Forward Contribution to Movement, Harding Memorial Fund contributions reported today brought the total to $8,802.91. With additional subscriptions yet to be reported u $9,000 total is expected. Thomas R. Marshall, former Vice President, informed the local committee he would forward his sub scription soon. Edward R. Nowland contributed $5 .rough The Times. Campaign headquarters in the Union Trust Company reported an additional $7i5.05 from the police department. Contributions of $25 were reported from Vhe Crescent Paper Company, D. Som tiers & Cos., and an admirer of Harding Robert H. Bryson, vice chairman o fthe Indianapolis Harding committee, said citizens can be justly proud of the amount voluntarily contributed. In comparison with other parts of the country, Indianapolis has made an outstanding record, he said. STATE POST GIVEN TO SHIDELER AIDE Capt, A. F. Miles Is Appointed by Trustees, Capt. A. F. Miles, for years assistant superintendent ->f the State Reformatory, today assumed active charge of the institution, succeeding George A. 11. Shi.lelor who died several days ago. Mile* place was filled by Sul,*n Vial of Indianapolis, fornur State parole agent. Members of the board of trustees <f the institution met with Governor McCray Monday evening and mads *h“ choice. Joseph E. Henning of Anderson and Oren S Hack of In drinapoUs, members of the board, were p e?<-nt. Although not present, Charles Mouch of Newcastle t”. 1 Will W. Cave of French Lick, members. Indicated favor to the changes over long dis tonee te'ephone. • In Miles' service with the institution he has advanced from guard *< superintendent. Viol Is an ex service man. becoming Slat* parole agent al ■he close of the w.ir. Officials sav both men are admlraoly qualified for the work.
Practical Christmas Gifts For Men and Women
Women’s Silk and Wool HOSIERY Seconds of S2.CO Quality Fine rib hose, rihbetl elastic tops. In heather shades of blue, preen, brown, black and plain navy. Sizes BV2 to 10. While 700 pairs last—special, SI.OO. Women’s Buster Brown SPORT HOSE 69c (3 Pairs $2.00) Os silk and lisle—ribbed style; English rib; heather shades, brown, black and blue. Siz.es 9 to 10.
Men’s Blanket .95 Os good heavy wool mixed blankets; shawl collars, cord trimmed, taped seams; button front, three-pocket style with cord tie. Checks, figures and stripes. All sizes. Just 100 in the group at this moderate pricing—s4.9s.
Tra-la-la First sign of spring: Dandelions were in full bloom on the Statehouse lawn today, the buds opening in the bright December sunshine. They were not healthy looking dandelions, such as those appearing in May, but they were unmistakably blooming, hundreds of them.
ANDERSON’S AX LANDS ON I WHO DEFT D. S. POWER 'Some Law Left in Country,’ Judge Declares in Judicial Wrath, Judge Albert A. Anderson is wield ing a wicked ax. “I am going to teach you gentlemen and others there is some law left in this country,” the judge said in pass ing sentence upon f uur Bedford and Anderson “soft drink” establishment operators. The four will spend Christmas an 1 New I'ear’s in jail, and the summer will be in full swing before they re gain the liberty deprived them by Fed eral Court late Monday. Sentences were imposed as follows: Lee of Anderson, seven months and SSOO fine; Stanley Torpy, one year and SI,OOO fine: Rupert Glymps and Fred Freeman, eight months each and SSOO fine. The last three are residents of Bedford. Criticises Anderson Officials “I had intended to give you six months, but you have told a falsehood about selling liquor here, so I will make your sentence eight months,” Anderson told Glymps. “You have caused a lot of trouble about Bedford, but I will show you that for a little while at least people down there will not be deviled by you.” Anderson told Torpy. In sentencing Talmadge. Anderson said it could have been impossible Cor him to have conducted his place at Anderson without knowledge of city officials. Fraud Case to Jury The case of C. D. Vaughan of Bloomington and Plainfield, charge 1 with misrepresenting Monroe County land through the maiis to a prospective purchaser, was expected to reach the jury today. Miners’ Bodies Found Hu United Pres* SCRANTON, Pa.. Dec. 18.—The bodies of Evan Jones and Frank flkasoviak, two of five men entombed n a coal mine at Jessup ten days ago. were found today. The other three are still missing.
jvTthe basement store I.b;
HUGHES THROWS WET BLANKET ON SOVIET DICKERING Secretary of State Couches Sharp Note to Russian Government, Hu United Prc/iH WASHINGTON, Dec. 18.—Secretary of State Hughes, eplying to Soviet Foreign Minister Tchitcheriri today declared “there is nc> reason for negotiations” at this time between the United States and Russia. Hughes made the following statement in reply to the soviet note to President Cooiidge proposing negotiations for an agreement between the two countries: “There would seem to be at this time no reason for negotiations.” “If the soviet authorities are ready to restore the confiscated property of American citizens or make effective compensation they can do so. If the soviet authorities are ready to repeal their decree repudiating Russia’s obligations to this country and appropriately recognize them, they can do so. “It requires no conference or negotiations to accomplish those results which can and should be achieved at Moscow as evidence of good faith. The American Government has not incurred liabilities to Russia or repudiated obligations. Most serious is the continued propaganda to overthrow the institutions of this country. This Government can enter into no negotiations until these efforts directed from Moscow are abandoned.” In some quarters the reply from Hughes came as a surprise, in that it was couched in sharp language. REGIMENT OF ‘GOB GNATS’ Indianapolis Chosen for Aerial Reserve Force by U. S. Indianapolis has been chosen as one of the five cities to receive a naval reserve aviation regiment, according to announcement made today by Capt. O. F. Heslar, commamer of the Indiana dis'rict naval reserves. Men selected from the reserve corps of high schools and colleges. Captain Heslar said, will be given instruction this winter as soon as equipment and tex-books arrive. Recruits will be taken in the summer to the Great Lukes naval training station. Graduates will be commissioned as ensigns in the aviation sec-ion of the reserve corps. Other cities to get stations: Chicago, Minneapolis. Cleveland and Detroit. Atlanta Man Ends Life Hu Time* special TIPTON. Ind., Dec. 18.—George Meeks. 51, of Atlanta, committed suicide by taking poison here late Mon- | day. Financial difficulties and poor ! health are said to have been the cause.
Men’s Four-in- j./y' $g Hand Ties In Christmas Boxes i Choice of cut silks in wide flowing ends or artificial silk knitted ties. Wonderful value ami wide range of patterns to select from. Men’s Mercerized Lisle Hose Priced N)J_x 2211 C {y Fully reinforced, high spliced heels, black, grey, navy, cordovan and white. Sizes 9% to 11%. Men’s Heavy Wool Mixed UNION SUITS Sizes 36 to 4G. Extra heavy weight ribbed; good quality, serviceable, warmth giving union suits. 1’ lat lock seams; natural color.
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