Indianapolis Times, Volume 35, Number 200, Indianapolis, Marion County, 3 January 1924 — Page 11
§§ RJSDAV, JAN 3, 1924
T DECLINES ■SELLING WAVE ▼IN EARLY TRADE Profit-Taking Causes Professionals to Join Bear Ranks, SOME STOCKS STEADY Oils Weil Bought on Reaction, Reflecting Crude Output Decrease, She WALL STREET JOURNAL NEW YORK. Jan. 3.—With Congress scheduled to convene at noon, some uneasiness was manifested in today’s early dealing's in the main body of stocks. Slight recessions took place in industrials like Baldwin, Can and Steel, but the forward movements continued in individual stocks in face of prevailing irregularity .* Cast Iron Pipe maintained a spectaclar advance. Peaching a further record high at 71, khile Continental Can was in demand t the best levels of the current advance. First Hour Heavy selling broke out In the first hour when continued profit-taking by traders caused professionals to turn to the short side. Oils were well bought on the reaction, reflecting the decrease of 16,500 barrels in the daily average crude output during week ended Dec. 29. United States Steel directors meet Jan. 29 for dividend action and to pass on the report for the last quarter of 1923. It is believed net will be between $40,000,000 and $45,000,000 against $47,053,630 in the third quarter. Second Hour In view of the heavy selling in progress all morning, stocks gave a good account of themselves toward noon, displaying a definite tendency to turn dull on further reactions. Encouragement was derived from the increasing indications from Washington that the Mellon plan was not likely to be delayed excessively. Wall Street expects considerable radical talk to be indulged in during the present session, bu \believes nothing will be accomplis. Ito hurt general business. ; \oon Hour Southern R Stay’s new high on the movement at 39% was followed oy lenewed activity in other low priced ifcils. Seaboard Air Line preferred reached anew high ground at 15. A ; Mew pool was said to have been year are expected to show a substantial gain over 1923. Profesdonal pressure slackened as individual stocks took Up the forward march and recovered from their morning recessions. Twenty active industrial stocks m Wednesday averaged 95.65. up .13 per cent. Twenty active rails averaged 80.79, off .07 per cent.
Local Bank Clearings Indianapolis bank deartnis Thursday $6,153,000: bank debits were 511.928.0C0. The Ir.dianapo'is C.earing House Association reported the day's clearances the arrest in history, the previous high mark of .?-! 915.000 on Feb. 14. 1926. having been passed by more than $1,000,000. New York Money Market By United Financial NEW YORK, ’an. 3—Time money rates. 5 to 5% per cent. Commercial paper. 4% to 5 per cent. Call money. 5 per cent. Foreign Exchange Fu United Financial NEW YORK Jan 3.—Foreign exchange opened lower: Sterling demand $4 6%' cable* $4.26%. Francs demand. 4 88’. r cabb-a. 4 89c Lire demand 4 27e: cables 4.27%C. Belgain. demand I Jli’-o: tabus 4 37c. Marks, 4 trillion to the dollar Czecho demand. 2.90 c cables. 2 90%e. Swis. demand 17.34 c: rabies 17 36.- Guild crs. demand 37 71c: ••able* 37 74c. Pesetas, demand. 1*4.65c: cables 12.67 c. Sweden, demand 26 29c: cables. 26 33c Norway, demand. 14.11 c: cables 14 1.5 c. Denmark, demand 17 42c cables 17 40c.
Produce Markets INDIANAPOLIS. Jan. 3 —Fresh eggs, loss off. 33e: par-king- stoek butter. 27c; •rings over 3 lbs.. 19c; Jowls, 4V* lb', up, lie: fowls under 4% lbs.. 18c; Leghorn poultry 25 per cent discount, cocks. 10c: stag;. 12c: capons. 7 lbs. up. title; young tom turkeys. 12 lbs. up. 27c; young hen turkeys. 8 lbs. up. 27c; old tom turkeys. 20c; ducks, 4 lbs . 18c; geese. 10 lbs. up. 17c; squabs. 11 lbs to the doz., 55.50: .vounr guineas, lti lb- to doz.. 57: old do;-.. 85. Indianapolis creameries are paying 50c per lb. fror butterfat. CHICAGO, Jan. 3.—Butter Receipts. 6.964; creamery extra. 54 Sc: standards. 51c; firsts. "5%@47%c: seconds. 43@ V4c. Kggs—Receipts, 7.314; ordinary first-. .55-hi 38c: firsts. 41c Cheese—Twin , 21 Ijr: young Americans. 23 'Ac Pou try—-Receipts, 9 cars: fowls, 18@24c: ducks. 23c: geese. 16c: turkeys, 24c: roosters. 13Vic Potatoes —Receipts. 345 cars. Quotations: Wisconson round whites. 51.25® 1.50: Minnesota and South Dakota whites. $1.25® 1 35. Idaho ruseetts. $1.85® 2. CLEVELAND. Jan. 3.—Butter—Extra in tub lots. 58 Vs Iff 60 Hc: extra firsts. 57 Vi® 50Vie: firsts 58 ,( -Q57Sc: packing stocks, 34634 c standards. 56 @ '-8 c; prints, lc extra. Eggs—Fresh gathered northern extras. 48c; extra firsts 48e: Ohio firsts. -*4c; western firsts 4ie; refrigerated eggs, 28c: refrigerated firsts. 26e. Poultry— Live fat fowls. 24® 26c: springers. 24® 25c; Leghorns. 17® 18c: old roosters. 14® 15c geese, 19@21e; heavy white ducks. 24 @2sc; light colored ducks 20@22c: medium fowls, 22® 23c: turkeys, 30® 32c. Potatoep—Michigan round white. $175 @ 2.25: Ghios. $202.25: Minnesota whites, branded. $1.35® 1.50: New York. 5202.50 per 150 pounds. NEW YORK. Jan. 3.—Flour—Quiet and steady. Pork—Steady. Mess —$24 75. Iju-d— Easy: mid-west spot. sl3 @l3 10. Sugar—Raw, quiet 7 03c: refined quiet granulated. 8 70©8 90c. Coffee—Uio spot. 1044®10 T A: Santos No. 4. 1.5®15 : hc. Tallow—Quiet: specail to extra 7 7 , ®Bc Hay —Firm; No. 1. sls: No. 3. slo® 13; clover $11.50@12. Dressed poultry—Firm: turkeys. 22 @ 40c: chickens 18 *<t 45c capons Cs@4se: fowls. 13® 29c: ducks. Long Hdand. 20®30c. Live poultry—lrregularturkeys. 25c: roosters. 13c chickens. 20®30c: broilers,' 85®40c: capons. 2.5® 36c. Cheese —Weak: state whole milk, common to special. 160 26c: state skims, choice to specials. 15® 18 Sc: lower grades 5® 14c. Butter—Steady; receipts. 11.803 creamery extra. 64 ■a c: special market. .55® 55He: state dairy tubs 40® 54c: Dantsh. 68@68He: Argentine. 41048 c: Canadian OV* @52 He. Eggs—Eusier; receipts. 20,PltS: nearby whites, fancy. 53® 55c nearby -tat* white. 42@60c; fresh firsts to extras, 42® 50c: Pacific coast. 35® 54c: western •vhltes. 42 @ 55c: nearby browns 56@54e. Raw Sugar Market United Financial NEW YORK. Jan. 3 —Raw sugar market peaed lower. January, 4.94® 4.97 c; larch, 4.49 @4.500; Mv. 4.57® 4.58 c.
New York Stocks (By Thomson * McKinnon> —-u Jan. 3
Railroads— 12:46 Prev. High. Low. p. in. close. B At 0 59 ... 58 % 58% c & N W Ry 50 % 49 V* 49% 50 C, R& P . 23% 23 V* 23% 23% Erie Ist pfd 29% 29 29 V* 29% Gt North pfd 55 Vi ... 54 % 54 % Lehigh Valley i|; % ... 61 % 02 N y Central. 102% ... 102% 102% Nor Pacific . 52% 50% 51% 52 % P-Marquette. . 41% ... 41% 41% Reading 78 76% 77% 77% Sou Railway. 38% 38% 38% 38% Sou Pacific.. 87 ... 86% 87Vi St. Paul pfd. 23% 23% 23% 23% U Pacific. .128% 128 128% 128 % Wabash pfd.. 34% 34 34% 34% Rubbers— Keily-Spr 32 31% 31% 32% U S Rubber.. 38% . 1 38 38 Equipments— Am. Locomo. 74% ... 74% 75 Baldwin L0e.124% 123 123% 124% Lima Locomo 66 Vi ... 66 % Pullman 122% 122 122% 122 Westingh El. 60% ... 60% 60% Steels— Bethlehem... 53% 53% 53% 53% Crucible 66% 66% 66% 66% Gulf States.. 82 81 82 82V* R I. & Steel 51% .... 50% 51% D S. Steel.. 99 98% 98% 99 Vanadium ..32% .... 32 30% •Motors— Am B Mag.. 36 36 36 Chandler M.. 65 .... 64% 65% Gen. Motors. 15 14% 15 15 Max. M iA) 53 52 Vi 52% 52% Max. M. (B) 15 .... 14% 15 Studebaker ..106% 105% 105% 106% Stewart-W.. . 91 90% 90% 91 Timken .... 39 .... 39 39 Willys-Over.. 10% 10% 10% 10 Vi Oils— Cal. Petrol.. 26 Vi 25% 26 % Cosden 35% 34% 35 35% Marlaud Oil. 38% 37% 38 37% P-Am. Pete.. 60% 60 60% 60%
GRAINS IRREGULAR IN OPENING TRADE Wheat Is Weak Despite Strength in Liverpool, Bn United Financial CHICAGO, Jan. 3.—Grains started irregular on the Board of Trade today. Wheat was weak at the opnelng depite strong Liverpool cables, the extreme weakness In foreign exchange causing some selling early. Trading was light, with the ewaiting disposition prevalent Wednesday still In evidence Export business overnight totalled 500.001 bushels, foreigners tak ing advantage of the decline to pick up supplies. Following an opening bulge, corn met selling pressure. Sub zero weather in the middle and southwest has caused farmers to send large livestock shipments to market, thus reducing feeding operations and releasing heavy stocks held on farms. Weakness in wheat spread to oats and that market had a weak opening Lower hogs and weak cables affected a lower opening for provisions. Chicago Grain Table At 11:45—Jan. 3 WHEAT— Prev. Open. High. Low. Closa. closa Mar. 107% 1.07% 1.07% 1.07% 1.07% 1 07% Jv'y.. 1.06% 106% 1.05% 105% 1.06% Bep: 105% 1.05% 1.05% 105% 1.05% 1.05% CORN— May.. .73% .74 .73% .73% .73% July.. 75% 75% 75 .75% .75’.73 % .73 % Sept.. 76 .70% .76 .70% .75% OATS— May.. .45% 45% 45% .45% .45% July.. .43% 43% 43 43 43% .43 % Sept 42 % CHICAGO. Jan. 3 —Primary receipts: "heal. 493.000 against 1.455 000: com 910.000 R(--a ; n*t 2.100000; oats. 507000 against 557.000 Shipments—Wheat. 374.■>no -igrinst 880.00(t. corn. 782,000 against 1 047.000. oats. 428.000 against 752 %0. CHICAGO Jar. 3—Car lot receipts: Wheat, 19; com, 194; oats. 56: rye. 2.
Grain Briefs
CHICAGO. Jan. 3.—Df-spite the array of ! 1-earisk inriuences. wheat priors are higher than those of last summer. Too much i wheat Is in sight for a bull market at present. Corn traders look for a heavy country i movement this month. With advent of eo'd | weather and heavy snows, farmers will rush Hrestock to market and thus reduce feeding operations. This wl'l make avallab’e large supplies for marketing. C-r ’ot wheat received at primary mar- | kets Wednesday tot t ed 384. against 2,045 the same day last year. IVi-e-Ti Europe continues to cfimp'ain of j excr—i-c moisture with washouts In some j countries. Traders look for hi -h<-r prices in wheat. I oats and rye and steadiness in corn. Wheat j ha- shown unexpected stability during the ' '■‘'riod of heavy marketing in both the i United States and Canada and is expected to resume its place as the market leader. Heavy farm consumption of oats and the ow prices of the grain are attracting attention. A scarcity of supp'ies during the •oming season wou’d not surprise many. Local Wagon Wheat Local mills and e’evators are paying $1 for No 2 red wheat LOW-PRICED SPECULATIVE ISSUES LEAD BOND TRADE Exchange Fluctuations Fail to Unbalance Foreign List. !Pv United Financial NEW YORK. Jan. 3.—Today's forei noon bond market was active with atj tention attracted to the low-priced I speculative issues in the general list. B. M. & T. 6s made anew high on | the movement at 71% against Wednes- | day's close of 71%. Market Street Railway first ss, 95%, up %, New York Railways adjustment income ss. 1% up %. Rails were steady. New York, West & Boston 4%5, 41, up nearly 4 points from last week. New York Central refunding 6s. 95%, up %; Erie general 4s. 53%, up %; D. & R. G. refunding sa, 39%. off %; Chicago Great Western first 4s, 50, off %. Fluctuations in foreign exchange had no effect on the foreign list. United Kingdom 5%5, 37: Seine 7s. , 30%, up %: Cuba 6%s of 63. 91%, up %: Cetro de Pasco Bs, 141%; VirginiaCarolina Chem. 7s, 84%, up 1%; Amer ican Cotton Oil ss, 85, up %. Sugars I steady, Cuba Cane conv. 7s, 92. In the Cotton Market By United Financial NEW YORK.. Jan. 3. —Cotton market 1 opened lower. January 34.00 e. off 38: March. 34.40 c, off 25; May. 34.60 c, off 23; July. 34.65 c, off %. Dressed Beef Prices Wholesale sel’ing prices on dressed beef. Swift * Cos.: Ribs—No. 2. 30e; No. 1. 17c. Loins—No. 2. 25c: No. 3. 18 c. Rounds— No 2. 20c; No. 3. 16a Chucks—No. 2. 18c: No, 3. 10 c. Flat M—3. 8c; Mo. 3,7 c.
12:45 Pre High. Low. o. m. close P-Am. P. (Bt 58 % 57% 58% 58% Pro. ti Ref. . 40 % 38 % 39 % 40 Pure Oil . ~24% .... 24% 24% S. Oil of Cal 63% 62% 62% 63% S. Oil of N. J. 41 ... 40% 41% Texas Cos 44% 43% 44 44 .Minings— Gt. Nor. Ore. 28% .... 28% 28% lut Nickel.. 13% 13 Vi 13% 13% Coppers— Am Smelt. . 60 % .... 60 Vi 60 % Anaconda .. 38% 37% 37 % 38% Kennecott . . 35 Vi 34 % 35 35 % Industrials— Allied Chem.. 70% .... 70 70% Ad. Rumely. 12% .... 12’• 1 Amer Can ..104 103% 103% 104 Vi Anir-r Wool. 73 Vi ... 72% 73% Coca-Cola . . 77 Vi ... 76 % 77 Com and Tab 92% 92 % 92 Vi 94% Cont Can. . . 57% 56% 56% , 57% Davison Clim 67 % 63% 64 Vs 67% Fan, Players. 69% ... 09% 70 Gen Aspha.t. 40 ... 39% 39% Int Harvester 79 78 79 ... Mont Ward . . 26 % 26 % 26 Vi 26 % Nat Enamel. 40 Vi ... 40 Vi 41 Sears-Roebk . 87 % 87 ’4 87 % 87 U S C I Pipe 71 Vi 69% 70% 68% J S hid A'en 71% 70% 71 71% Utilities— A T and T.. 125% ... 125% 125% Con Gas... 61% 61 Vi 61% 61% Col Gas . 35 % 35 35 Vi 35 % Shipping— Atl Gulf ..14% ... 13% 14 hit M M pfd 30% 30 Vi 30 V. 30% Foods— Am Sugar... 54% ... 54% 55 Com Prod ..157 165% 155% 157 Cu Cn Su pfd 82 61 % 61 % 62 Vi Cu-Ain Sugar 33 % . . . 33 Vi 33 •% Punta Alegre 51 % 51 % 51 % 51 Tobaccos— Amer Tob ..150 ... 150 150% Tob Prod B 67 % 66% 67% 07%
Business News
DETROIT. Jan. 3—Edsel B. Ford, preetdent of the Font Motor Company, stated to his employes with regard to 1924 business conditions “the new year opens with the promise of continued prosperity. It is reaaonab'e to expect employment will be steady and that Industry will be supported by w-holesoine demands of the Nation for articles of use. The general condition is better than several months ago in that employers and men have arrived at closer understanding as to the basis of profitable industry. It is now recognized that an honest day's work must precede an honest day s pay and that the worker who cheats at his end or the employer that cheats his end are both together doing injury to the general welfare" NEW YORK—The United States Steel Corporation will make public next week its report of forward business carried oil its books as of the c 6se of 1923. Wall Street already is speaking a to the showing the company will make, and a much smaller reduction in unfilled orders than had been expected is predicted. Real lmmovement in forward business however, te hot expected until about the end of January. This is because of numerous ad’ustments resulting from cancellations of orders and the elimination of old ordt rs carried for some limp against which no specifications have !>een filed All of which appear in the statement for Dec. 31. Favorable factors which are expected to 6how up in next week's statements include orders contracted during the closing months of the year who h . all for delivery over the first of 1924 Orders lor more than half a million tons of finished steel were placed early In November lor first half of 1924 delivery. These will be alllo- • ated on a pro-rata basis over the first six months of this vear. and will bring about a smaller reduction in forward business in the next statement. A more favorable showing of new business is exported soon.
YUM! LET’S BE AN OLYMPIC ATHLETE International Contestants Get ‘Beaucamp Liquers,’ Bv l niud \ rtcn PARIS, Jan. 3.—Hungry athletes of fifty competing nations will be well fed at the 1924 Olympic games In Paris. The muscular multitude of in vaders will be offered typically French meals, prepared by renowned chefs and aided by the finest wines, beers and liquors of France. Here is a menu announced for inhabitants of the Olympic village: Breakfast—Coffee with milk, chocolate or tea. and bread, butter and Jam. or two eggs wtih ham Luncheon—Hors de’oucvre; fish, eggs or other entree; meat, vegetables, cheese and fruits. One-half bottle of red and white wine, a bottle of beer, one-half bottle of mineral water or tea or coffee with milk. A small black coffee. Dinner—Soup, entree, meat, vege tables, cheese, tfessert. Same drinks as at luncheon, with addition of a stiff “shot” of rum. brandy or other potent liquor in the after dinnet cotfee. The Charley Paddocks of the French waiters’ ranks will serve the meals, and no tipping will be allowed, even to the most exceptional “garcon” who breaks a speed record In the soup dash or rivals Pat Ryan In the mMt lifting event.
REACTIONARY TENDENCY AGAIN EVIDENT IN OILS Curb Stocks Generally Suffer From Heaviness—Durant Up. Hu I nltcd Financial NEW YORK, Jan. 3.—The same influences that produced heaviness in the curb market in the preceding session carried fotwa-d in the forenoon today, with the reactionary movement again more pronounced among the oils. With the exception of a few pipe line issues, nearly all the oils were down. Prairie Oil and Gas. after touching 269, up 1, receded to 263%, off 4%. Imperial of Canada dropped 2 and Magnolia 3. Losses up to 2 points were noted elsewhere. On the other hand Solar Refining was up 5. Ne braska recovered 5 points of its sharp break of Wednesday, Southern Pipe gained 3, and New York Transit 4. Durant Motors was conspicuous for its strength, gaining 1% to 35%. Reo was better and Stutz % above the previous close. Corn Products dropped 1 and Dunhill lost 1%. Gold Dust was better. Elsewhere fractional losses were the rule. Tank Wagon Prices (Gas*' me press quoted do not include State tax of 2c a gallon.) GASOLINE —Energee, 18c a gallon: Purol, 14.2 c: Red Crown. 14.2 c: Target. 14.2 c: Sliver Flash, 18c: Standolind aviation, 19.08 c. KEROSENE—CrystaHne. 10.76 c; Moore Light, 15,-; Perfection, 10.75 e. NAPTHA—Lion Power cleaners, 25.01 c; V. M & P.. 20.01 c: Standolind cleaners, 20.01 c. Cloverseed Market Ipcal aea'ers ere paving slo© 12 a bushel wv cloverseed. Silver Exports Big By United Pre*s OTTAWA, Ontario, Jan. I.—Canada exported silver to the value of 9142,000 duriiig October.
THE IN DIAiS APOLIiS TIMES
1 HEAVY HOGS FB, BUT LIGHTS DROP Demand for Weighty Kind Holds Prices Steady, Hug Prices Day by Day Dec. 250-300 lbg. 200-226 lbs. 150-180 lbs. 28. 7.304 { 7.35 7.26® 7.30 7.25 29. 7.304 V 7.35 7.25® 730 7.20® 7.25 31. 7.25® 7.30 7.20(if 7.25 7.15® 7.20 Jan. 1. 7.50® 7.60 7.40® 7.50 7.35® 7.50 2. 7 50® 7.55 7.40® 7.50 7.35® 7.50 2. 7.50® 7.55 7.40 f- 7.50 7.35® 7.40 3. 7.50® 7.55 7.40® 7.45 7.30® 7.35 Steadiness in prices for weighty hogs in the face of a decline of 5 to 10 cents among the lighter kinds proved the feature of trading at the local livestock exchange today. Firmness among the heavies was attributed to special demand for this grade, weak ness among lights having followed as a natural sequence to the stronger demand in the other direction and partly as the result of continued heavy marketing. The top for heavies remained unchanged at $7.55 wdth a consider able number of droves of heavies sell ing at $7.50 as on Wednesday, while light, medium and mixed sold at $7.30 with odd sales ranging from that figure up to $7.45. The bulk of sales was made at $7.30, one large buyer having taken 7,000 hogs at that figure Pigs continued strong at $7 down, while sows were steady it $6.50 down. Altogether 17.000 hogs were offered for sale, including Wednesday’s large carry-over of 2.237. The day’s demand was good, both shippers and local kill ere. taking a goodly share of the re ceipts. but competition, except among the heavier kinds, was insufficient to bolster prices. Another large run of 1.500 cattle was In the yards, but receipts proced no dampener to market which was fully steady on most kinds. Large buyers, interested by Wednesday's large and select offerings, were In the pens at an early hour and activity marked their dealings. Prices for veals held firm at $15.50 down for best calves, despite larger receipts of 800, as the result of a con tlnued strong demand from the East. The hulk sold from sl4 to sls. Steadiness characterized trading In the sheep and lamb department, native lambs selling down from $13.60 and sheep down from $7. Receipts 300. Gholen Ilrhts 9 7.30® 7 35 1 Light mixed 7.30® 7.35 Medium mixed 7 40® 7 45 Heavyweights 7 50® 7 56 Top 7 30 Pig-4 6 50® 7.00 Packing sows 6.00® 6.60 ; —Cattle— Few ehnice steer $10.00®11.25 I ITlme r-om fed steers. 1 000 to 1.800 lbs 9.00® 0 50 ! Geo ' * i steers. 1.000 to 1.100 lbs 8.50® 900 Good to choice ateers 1.000 to 1.2u0 lbs 750® 8.00 Good to rhoit-e steers. 1.000 to 1,700 lbs. 6.50® 7 50 j Common to medium steers. 800 to 1.000 lbs 6 00® 7 00 —Cows ami Heifers—Good to light heifers $ 9.00® 10 00 Good heavyweights 7 25® 9.00; Medium heifers 6.00® 7 25 Com mo i cows B.oo® 6 Oil Fair cows 6 00® 7 50 Cutter* 2 75® 325 Cannetn 2.25® 3.75 —Bnlls— Fancy butcher bulls $ 5 004; qon Good to ehotca buteher bulls. 5.00® 550 ' Bologna bulls 4.25® 4.75 —Calves— Choice veals sl3 00% 15 50 Good vet" 10.00® 12,00 Lightweight veals B.oo® 19.00 Common vea’s 7 00® 8.00 Common heavies 6.00® 7.00 Top 15.50 —Sheep and I-umlis— Extra choice lambs slo.oo® 13.50 | Heavy lambs B.oo® 10.00 Cu'l iambs 5.00® 7 oo ! Good to choice ewes 4 on® 7 oo Culls 2.00® 3.00 Other Livestock
! CHICAGO, Jan. 3.-—Cattle—Receipt#. 17,i 000: edge off on most ki'Mng Casses: beef toers moderately active. 10® 15c off spot* j 25c off mo t grade- fnt .-he stock 15025 c ! off choice light yearling**, $12.25: best mi- | tur*vi st*>er*. $10.85: .bulk fed steers. $8.5*1 ’ $4 9.75 stoeker* and feeder* scarce: country demand rural vea'ers steady, unevenly ! ower. Sheep—Receipts. 23.000; market 1 for fat lambs active best kinds steady; in-between grades 15®25c off; sheep nn*l j feeding lambs slow around steady feeding ! lambs s’ r w around steady: best feeulng ’ambs. $13.25® 18.60; one load to *it.v j butchers, $14.80: two double good handyj weight ewes no -ale- feeding lambs. Hogs 1 Receipts. 63.000: market 10015 c off : pels more- bn-k of * lea $7©7..10; top [57 10; heavyweight $7 15© 7i 1 medium .’-eight. $7 10 0)7.36: light weight $6 85® 7.25; light light. [email protected]: packing | hogs, smooth. $6 6506.80: packing hogs, ! rough. $6.45 44 6.65: slaughter pigs. $5 50 0 6.60. Slai-ghter cattle and ca'ves—Re ■ •eipte. 17,000; steer*. 1 100 ibs up. choice and prime sll4* I '25; good. $0.86011.35: medium. $8.4001040: Bteers. 1.100 lbs. down, ohoh-e and prime. $11.36012 5o: good. $lO [email protected]: medium. $8.60® 1 10.40; common. $5.7608.50; heifers, good and choice, ?8@11: common and m-silum. $4.7608; cows, good and chob-e $6.10® 8: common and nr-dlum *3.7506 10: dinners and cutters. $2 7503 75: calves, cull*, choice. $5 50® 13.60: medium choice. 85® 9 50; feeder- end stoeker cattle, steers, comJ mon. choice $4 @5,75. Slaughter sheep and ’ambs—Receipts. 23.000; lambs, medium prime. $11.75 @13.90; ru’ls. common. $9 50 011.75; ewes, common to choice. ss® J 8.50; canner* and culls, SI .7505 feeding I iamb*, range, stock, medium, choice, sll j @12.50. CINCINNATI. Jan. 3.—Cattle—Reeeitps, ! 1.000: market, steady: shippers. $7.50® I 9.50. Calves —Market steady; extras. sl3 i @14.50. Hogs—Receipts 7.500 market. | steady to 10c lower; good to choice packers, j 57 60. Sheep—Receipts, 300; market. steady; extras. $4.500 5.60. Lambs—MarI ket. steady: talr to good. [email protected] KANSAS CITY. Jan. 3.—Cattle—ReJ "elpts, 5.000: ea'ves. 1.000: few vary j sales de*drabie beef steers around vte dy: ! nart tad, $10.25: bu'k ear'y stiles. $8.35® 9 60: she sto-k most'y steady: verv few -ar’y sales hulls steady; veals, 25® 50c higher: practica Itop. $11.50: other calves steady: Stockers and feeders very scarce, I steady. Heap—Receipts, 11.000: rood to choice 210® 280-lb. butchers to | -flippers at $7 1007.20. or 5010 c lower ! ‘han Wednesday's average; packing* 'ow•r: packing sows mostly $6.50@6 60, dheep—Receipts 5.000; very s'ow; few •ar'v antes; lambs tround 10c lower; early op. $13.25. EAST BUFFALO. Jan. 3. —Cattle —Receipts. 200; nr rltet active, steady: shipping steers, $9.25 011.25: butcher grades. 57.750 9: cows, [email protected]. Calves—Receipts, j 350; market active, steady: culls to choice, |*4 015. Sheep and lambs—Receipts, j ’.,200: market active: lambs and year'ings | teady. 26c up; choice lambs. sl3 @l4: culls to choice, $8 @12.50: year’ings. ss@ 12: sheep. $3.50 @8.60. Hogs—Receipts. 3,400: market active, steady to 10c up: Yorkers. [email protected]: pigs. $7.25; mixed. *7 7507 85; heavies. 87 7507:85; loughs. 8606 25: stags. $3.50® 4.50. PITTSBURGH. Jan. 3.—Cattle—Receipts light, market steady; choice. $9.7* @10.76: good, [email protected]; lair, $6.25@740; veal l calves, $14.50@15. Sheep and lambs—Re- | vipts light, market steady: prime wethers, ] $7.50 08; good. [email protected]; fair mixed. $5.50 ] @6.50; lambs. slo@l4. Hogs—Receipts, 115 double decks: market steady; prime heavy. [email protected]; mediums. $7.85@8: heavy yorkers. $7.850 8: light yorkers, [email protected]; pigs $707.25; roughs, $5.75 @6.25; stags. [email protected]. EAST ST LOUIS, Jan. 3.—Cattle—Receipts. 2.000; market, beef steers steady cows tending lower: native beef steprs. $6.15 @7.25 yearlings and heifers. $9.75 up: cows. $5.50 up; eanners and cutters. $2.50 @3 25; calves. $12.50012.75. Hogs—Receipts. 15.000: market, 15 @ 25c lower: heavy, $7.25® 7.50: medium. $7.25® 7.50 11-hts [email protected]; light lights, $6.25® 7.25; packing sows. [email protected] 6.751 bulk, [email protected]. Sheep—Receipts. at); maraet steady to strong: ewes. ss@ 7.75: eanners and cutters, $1.6003; wool lambs, $11.25® 13.25.
Your Dollar Uncle Sam Tells Who Gets It.
AUTO REPAIRING // OsnrTa \ // c e rtrs fV®far- 8c If Ov'igt-head \\ j Labor tnc/crc/irjg \\ - xe,> j) n -t~& j j \\ fial 3 // * 1923 Raipo F Couch, WaahJXC. Pi OPULAR belief notwithstanding. it Is the materials and not ■ I the man who pokes about the inside high repair bills. This is shown by figures collected from the auto repairing industry by the United States Government. Out of each dollar which the garage j owner or repair man receives. 39 cents ! goes to materials while 32 cents goes I to the man who does the work. | Twenty-nine cents is the s'.are of the dollar that Is left for profit, overhead and taxes. If the garage hands get a 10 per ' cent increase in wages, the owner of the place must add 3.2 cents to each dollar he asks. A 10 per cent in crease in materials brings an addition of 3.9 cents to each dollar of the repair bill. NEXT: t hewing Tobacco. GiRLS, LOOK AT FEET OF IN New Character Study Adopted by French, By Unit id Proa PARIS. Jan. 3.—Any woman who Is not acquainted with scarpology is losing a chance to have very precise information on the character of her prospective husband. Scarpology? Yes, it's a science according to the I leaders of the French shocmaking world. The name Is derived from the Latin word for shoe. If you are a scarpologist all you have to do is to ; examine the soles of the shoes of a man and you can tell more about him than he might be willing to confess simself. H'-re are some of the rules: Sole showing equal usage heel and toe —he is well-balanced, serious, with just ideas of the facts. If the sole Is a little more used toward the toe, he Is a man like Marshal Foch, having the same qualities as the preceding, hut with more enterprise and daring. If the usage is more notable toward i the heel, he is still worthy of admlra J tion, but he is more the type of the i successful business man. Soles showing usage on the inside of the toe and heel —Character energetic, decisive, prompt. If the usage is pronounced toward the toe you can add aggressiveness. ; He is the “I'm going to get there" person. If the man wears out the sole on the outside he U a rather ordinary routine tradesman Sole worn at the inside of the toe — He Is Impulsive, changeable, not to bo trusted. If the usage Is noted right under the big toe, he is a man with an iron will. Tiger Clemenoeau's shoes wear j out Just there.
Marriage Licenses Nl*k Dekan 33 516 K. Court: Grace Clif ford 39. 410 Bright. W J. Torrence, 19 Detroit, Mich.; Mary Segrest. 19. Lawrence Iml. p K McDaniel. 4 415 N. Tibbs: Violet Ellis 19 Parian Apts. Eduard Kepper. 21 '.138 E. Georgia: Mary 1 Tailor I<’ ’ 3 c G.-o-ua A. G. Ward. 47. 135 Catherwood; Edna 1 E! s•• > H W Midit an William Heater. 25 1449 Shepard: Glen ‘ don Ia Cohen 25. 604 W Tenth. E F Baker 28 Charleston. 111.: Dorothy Lewis 2-3 24 N Kitl**v E 5’ Lucas. 2.3. 1449 Montcalm Elllnor Mitchell, 20 1449 Montcalm G II Kills 23. Brooketon, ind.; Ruth Wyatt 18. It K B F M Langenbcrg 24. Cumberland. Ind : Sadie Lautz. 22. Cumberland, Births Boys John and Vlsie Bowers. 635 N. Ccriten nlal. Louis and Anna Heckelsbcnr. 330 Grand. Herbert and ’-'rnnit WiVis. 364 S. Ritter. James and Catherine Embry. 1352 W. I Tw nty Sixth. .Tu’lus and E'sie Albers. 1849 Zwing'ey. Euseene and E’’en Hopper, 916 Chadwick. Richard and Emma Chism, 246 Foltz. Cher e* an I Vlrgi" Reed. 230 Lincoln. End and Flora Smith 820 Cn'lfomla HTrey and Vera E’sbury, .343 F, Morris. John and Catherine Brent, 4*lß Haugh. Andrew and Exie Jackson, 1820 Martindale. Robert and Helen Moody, 3920 K. Washington. Louis and Anna Haboueh, twins, 1606 W. Riverside Parkway, boy and girl. Girls Guy and Nellie Lynch, 2350 N. Sherman Drive. David and Iva Simpson. 202 McKim. William and Bertha Millet, 54(1 N. Sheffield. Chester and Maud Chadwell, 20’’1 W. Vermont. Kenneth and Gladys Hartley. 456 Berwick. James .anil Stella Warrenburg .1922 Hoyt. Char es and Carrie Palmer, 1415 W. Thir-ty-Second . E za and Bessie Williams, 1718 W. Minnesota. Jnme9 and Helen Harmon, 514 E. Norwood . William and Gladys Phillips, 77-1 !i. Emerson Thomas and Myrtle Redmond. 1429 i Minoejua. Harvey and Lucy Bush. 2006 Hovey Harry and Jewel Rosen, 2345 Northwestern. George and Mary PieczUo. 630 Concord. Deaths Axle Hardy. 66. 2102 Martindale. car einoma. Desta Peer! S'-hieketanz, 44. 1629 Cruft nu’monai.v oedema. Edith Coryea, 17. city hospital, pulmonary tuberculosis. John H Miller. 72. 2927 W. Washington, angina pectoris T/rah Washington Lanham, 90, 3502 E Tenth, brondio pneumonia Cordelia May Bridges. 53. Deaconess Hospital. diabetes. William Thorn 59, 5014 Lowell, general para’ysis E’izabeth Badpr, 49. 3748 English chronic Bright’s disease. Infant HeTner, 1 hour St. Vincent’s Hos pital. atelectasis. Lorain Margaret Dalbev, 10, 503 W. Wilkins. raen’ngitis Grace Gertrude Lambert, 23, city hospital. tuberculous meningitis. Cora Elsie Gray, 45, 1402 N. Illinois carcinoma. Margaret M. Momw. 77. 403 E. Thir tieth. acute dilatatiou of heart. Alva Augustus Sims, 59, 2p2 S. Illinois, aqute cardiac dilatation.
IICKETOFBLOOO; NOTORIOUS RESORT, BECOMES MISSION Scene of Many Batties Is Changed to Home of Religion. lly United Prcst ST. LOUIS, Mo., Jan. 3. The “Bucket of Blood” Is empty. Now it is only a scrubbed pall. It Is used to wash souls. Instead of soiling them. This is the way of saying that the I most Infamous of the notorious resorts of the days when St. Louis was a wild and wooly Western town on the frontier, has been converted into a church mission. j The “Bucket of Blood,” In the old steamboat days, was a combination of saloon, gambling house and dance hall. It was the haunt of the "bad | had” men. Many a sanguinary gun and knife i |.attle was fought In and around the ! i pacious hall in the two-story frame ji.uilding down near the levee. Jesse .lames Was There Jesse James and his henchmen, the i Younger brothers, and other bandits, ! vhuse names ate legendary to the I youth of today, shuffled a moan foot Jon those floors und.lifted glasses over | the bars of the "Bucket ot Blood. ’ There was a tradition in those days — during the period starting ten or tis teen years before the Civil War and I ending about 1385 —that when the po- | lice received a call to the “Bucket” I and the patrol wagon came back with out blod on it —why, It just hadn't ; been there! Gangsters and gamblers, however, he avers, were not alone. There were Ike free-spending steamboat men in white linen suits and flowing black ties —ah. they were the aristocrats! —i and the bluebloods in high hats and , frock coats There were the booted ] and spurred cowboys, straight from the range, come to the city for a“good time,” with a year s pay! The time-honored triology of dissipation. “wine, women and song,” were furnished, together or separately. Pianist Was Safe The orchestra for dancing was ! placed on a little balcony high above ' the floor, so that distinguished pa trons who didn't like the music would he less likely to display their dlspleas i ure by shooting the pianist. The “Bucket of Blood" building still ' stands. Religious services are held | regularly by the mission society j which Is supported by the churches of j all denominations. The old saloon ' kitchen is used Thursday nights by 1 the culinary committee preparing re freshments for those attending prayet services. Boys of from 14 to 21 are given lev 1 tures In ethics of everyday life every Friday night. Dimly through the paint one can read the black letters of the sign leading from the dance hall to the bar room: “Bar." Lewd pictures of undressed females are gone from the walls. Framed 1 verses of Scripture and Biblical pic- ! tures have taken their places. The Bucket of Blood” is clean. The j “Blood” is only a memory.
HOARD GERMAN CURRENCY Efforts to Improve FinnnHal Status With New "Mark" Falls. NEW YORK. Jan. 3.—While the German authorities, so writes a London review of international finance nd hanking, are endeavoring to establish the rentenmark, which la being issued gradually, reports from Germany state that the new currency is already being hoarded, partly because there is no fixed relationship between the old and the new mark, it remains to be seen how far the efforts of the German government to improve currency conditions will be successful. Until political and economic conditions in Germany are substantially improved, the task of financial reform, upon which the fate of the currency must ultimately depend, will be an extremely difficult one. The market in London for marks remains very small, ind it is interesting to note that buying orders come mostly from German sources, the rate in London being higher thun the official rate In Germany. Store to Have Theater NEW YORK. Jan. 3.—China's newest departmen store in Hankow is to have a theater, a concert hall and other entertainments alongside the bargain counters for the amusement of its shoppers. The Wing On Company, conductor of department stores in Shanghai and Hongkong, has acquired about two acres of land on the main street of Hankow for the erection of the several buildings. Counterfeiters Executed By United Prets MOSCOW, Jan. 3.—Recently eight persons, convicted of counterfeiting Soviet money and foreign currency, were executed here. At Oddessa. fifteen members of the State secret police were put on trial recently c harged with stealing stores from thcAmerican Relief Administration.
Oil Situation Being Rapidly Adjusted Improved outlook for the Oil Industry emphasize* the Important of dependable information regard fng oil Issues. t’osden, Mexican Seaboard, Mar land, Sinclair, Texas Cos., Transcontinental. Important data on the above companies contained tin '.he <-urrent Issue of jur service publication. Request Booklet O. 8. NO OBLIGATION (No Promotions) F. H McNULTY & CO. Ground Floor 171 Quincy Street Phone Wabaeh 3147 New York Chicago Pittsburgh
The Wm. H. BLOCK CO.
RUGS SPECIALLY PRICED $5.00 Fringed $1.50 Corrugated Velvet Rugs, Top Rubber Ch €2 Matting, 27x54 Inches. Oriental JL JS. %JF patterns and colorings. , ~ _.. , , Yard wide. Suitable r I runne r s . stair treads Seamless or porches; % inch thick. Velvet and . ~““* Axminster Rugs, . , Ar ."f 0 "* 5 $36.95 s* va-, 9x12 Feet. Splendid | Q wearing rugs for rooms •few given hard service. lan, g Feet wide Heavy cork blue and rose back- body. Colors through to grounds. burlap back. Neat patterns -d cCorings. Ends Wool i $39.50 Axmmster . Wilton Rugs, Rugs, $67.95 $26.95 x. 2 Fee,. Spt.dt4 | wearing rugs, in taupe. r serviceable colblue and tan backgrounds. orines Patterns suitable for liv- , 5 ' lng roo^ 9 l S6O Axminster Neponset Felt Rugs, Base Floor fTb gy OhE? Coverings, •mat g -x 9x12 Feet. Fine, deep O VyiP pile. Splendid wearing **•*'*’ rugs. Manufactured by 6 Feet wide. Su'table one Americas foremost for kitchen or bathroom ru S makers. Exclusive floors. Tile pattern. Hign patterns and co.orings. polish finish; very special . . , at this price. Armstrong s \ir i rr-L n Printed Linoleum, Wool riber Rugs, c v . Special at Sq ' Yd " $6.75 89c 6x9 Feet. Allover and body with burlap back. At medallion patterns, suita- tractive patterns for kitchble for bedrooms. Blue, en, bath or breakfast tan and green colorings. rooms. Durable enamel Wears exceptionally well finish. Fourth Floor.
THE BASEMENT STOMW
Men’s $5.00 Auto Brand Flannel Shirts Rroadeloth or fine flannels. Coat style, W lo reputation collars attached; two pockets. , -i Colors, red, fawn, g| jH ———— grey. Mens Wool SPORT HOSE, 35c (3 Pairs, $1.00) Wool mixed, excellent weight, drop stitch; sizea 10 and 101/,. Heather shades of brown, blue and green.
Blanket Specials
All-Wool Plaid Blankets Special S\ mt Full double bed size, lT jl thoroughly scoured made blankets of superior grade wool; extra heavy twilled weave in wanted color plaids. PLAID BLANKETS— WARM. WOOL - MIXED 72xS0 inches, heavy su PLAID BLANKETS—perior quality, beautiful Size 66x80 inches. Fast color plaids in block de- colors. Weight, 4% pounds sign attractive border to the pair, 4-inch block to match; shell stitch plaids. Bine, pink, tan, ends 4Q gray. Special, 4 QC Special ifiJ.TJ pair igT*” J
An Extraordinary Sale of Advance Spring Ii ATS The last word in /h gtfnrv style! The top-notch fW of value! A special purchase enables us w—■.■wimm to oflfer these 200 smartest samples of lEjL&SI the spring mode at a price that would be low much later in the season. MATERIALS ARE Straw Braids, Hair Cloths, Faille Silk, Visca Cloth, Taffeta, Georgette. COLORS ARE Black, Sand, Sea Green, Brov r n, Blue and Wood Shades.
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