Indianapolis Times, Volume 37, Number 59, Indianapolis, Marion County, 20 July 1925 — Page 11

MONDAY, JULY 20,1925

HOG PRICES DROP OFF 15c A CWT

GENERAL LIST TONE STRONG WITH OPENING Mack Truck Makes New High at 191 on Present Rise.

Average Stock Prices

Average orice of twenty Industrial stocks tor Monday. July SO. was 134.68, un <lB. Average price of twenty rails lor Monday. July 20. waa 99.19. off .04. Bu United Frees NEW YORK, July 20.—Last creek’s Steady advance In Industrial shares which carried the average price of this class of stocks to further record highs at 134.68 at Saturday’s close, attracted buying orders from all over the country and the general list was active and strong in early dealings today. Mack Truck was ,a feature of special buoyancy spurting 2% points to a record price at 191 on transactions aggregating 2,000 shares. United States Steel common opened at the best levels of the present movement at 119% on sales amounting to 2,000 shares and 1,700 shares of Southern Railway were taken at the unprecedented price of 102%. Powerful banking interests continued to display confidence in the immediate outldok by taking stocks on the scale down in the late morning. This buying prevented reaction from extending over a point or so among principal speculative issues and furnished good background for special orperations around noon. Ward Baking “B” was a feature, moving into new highs for the current advance at 68% in anticipation of developments in the proposed baking consolidation. American Sugar was also actively bought at 67, up 2 on long-pull accumulation, based on expected dividend resumption at a $7 -ate this fall. Local Bank Clearings Xndinnapolis bank clearing’s for Monday. July 20. amounted t 053,283.000. Bank debits for Monday. July 20. were 56.519.000. Foreign Exchange NEW YORK, July 20. —Foreign exchange closed strong. Sterling, $4.85%; francs. 4.72 tic, up .02% ; live, 3.7oVic. up .01%: Belgium. 4.02 %o. up .00%: marks. 23.80 c; Holland, 40.14 c. up .03; Russia 5.13 c: Yokohama, 41.31 c: Shanghai. 77y*c: Hong-Kong. 57 %c.

Produce Markets

Eggs—Strictly fresh delivered at Indianapolis. 28c: loss off. Poultry—Mens. 22c; Leghorn hens. 15c; springers, 27c; Leghorn ipring. 22c: young turkeys, 25c; old turke. s. 20c; cocks and stags, 10c. Butler —Jobbers’ sell.ng prices lor creamery butter: fresh prints. 46©47c. Cream—43c a pound for butter fat. delivered at Indianapolis. Cheese—Selling prices: Domestic Swiss. 30® 46c imported 53 ©s9c; New York brick. 26%c; Wisconsin llmburger. 27 tv ©2BHe; Wisconsin Daisies. 35% c: Long Horns. 25%@20%e: American loaf. 32c: pimento loaf. 34c: Swiss loaf. 39c. NEW YORK. July 20.—Floun—Dull, easy. Pork—Quiet: mess. 841. Lard Easier: Midwest spot. $18.20018.30. Sugar—Kaw quiet: centrifugal 96 test, 4.27 c: refined quiet; granulated, 5.35@ 5.45 c. Coffee- Rio No. 7 spot. 19%c; Santos No. 4 23 Vi @23% c. Tallow Strong, special to extra. 9%@9%c. Hay —Steady: No. 1. $1.2501.30: No. 3.95 c ©8105; clover, 90c @81.25. Dressed poultry—Dull: turkeys. 20©40c; chickens, 25@41c: capons. 35@52c: fowls, 14® 33c: ducks. 16®24c: Long Island. 23c. Live poultry—Steady: geese. 10©15c: ducks. 14®24c: fowls. 25©3tc. turkeys. 20® 30c: roosters. 17c: broilers. 30@37r. Cheese —Firm: State whole milk common to specials. 19®24%c: Young Amdtigas. 24c. Butter—Receipts. 5.742: creamery extras. 43%c: special market. 44%c. Eggs —Firm: receipts. 7.630: nearby white fancy. 44®47c: nearby State whites. 35 ©4.3c: fresh firsts. 33®41e: Pacific coasts, 36% @ 37c. western whites. 34 @ 43c: nearby browns. 42® 46c. CLEVELAND July 20.—Potatoee —Virginia cobblers. $0.75: Kentucky. $5.50@ 5.75. Poultry—Express folws. 28® 26c; leghorns and lite stock. 21®23e: springers. 33®36c: roosers. 14® 16c: old ducks, 20® 24c: young ducks. 24@28. Butter — Exra in tubs. 46% ©47%: extra firsts. 44% @45%- firsts. 42% ©43%: packing stock. 26c. Eggs-—Northern Ohio extras. 37 %c: extra firsts, 35-% c; firsts, 32 %e. CHICAGO. July 20.—Butter—Receipts. 14.618: creamery, 42 %c: standards +2%0; first. 39%@40%c: seconds. 30®38%e Pegs—Receipts. 21,968. ordinaries, 30c: firsts 30% ©31% c: twins. 22 %e: Americas. 23 %c. Poultry—Receipts, 7 cars: fowls. 20©25c. springs, 33c; ducks, 20© 22. springs. 22: geese. 12c, springs. 21c; tvrkevs. 20c: roosters. 17c: broilers. 23® 28c. Potatoes—Receipts, 420 cars; Kansas and Missouri cobblers. 82@”,25: Minnesota early Ohios. [email protected]: Virginia cobblers. $6 @6.25.

Trade Reviews Say

NEW YORK, July 20.—Sales of electrical equipment in the week just ended were in good volume. Central-station companies are actively proceeding with construction work and inquiries for distribution equipment are reaching the market in a satisfactory way. The outlook for the remainder of the year Is encouraging, Electrical World reports. An order for substation apparatus, involving about $1,000,000, is expected to be placed by a utility company shortly. Continued strength in crude rubber resulted in another advance in prices for the competitive sizes of rubber covered wire. The advance amounted to approximately 5 per cent. Demand for Industrial electric trucks has improved in New England district, with good sales of transmission line products and industrial heating equipment also in evidence. Central-station apparatus was in good request in New York territory, and orders as well as Inquiries for wire are coming in fairly freely. The Southeast reported steady trading in line construction materials. In the Middle West utility companies have been purchasing a large amount of equipment. On the Pacific Coast sales are impriving, with excellent prospects for the remainder of the year. The demand for electric ranges has been quite active.

In the Sugar Market

By Thomson A McKinnon Consumption of sugar continues to snow a steady increase both in Europe and the United States. The low price of refined is having the onposie effect of what conditions were several yearn ago when refilled was - considerable higher—instead of conservation we now have what might properly be termed a waste. With crop conditions abroad none too promising the prospect of a small carryover may change the hand-to-mouth buying policy over night and brine a buying wave which couM within a reasonable time carry raws up to t,b- 3-ceat

New York Stocks

—Julv 20— Railroads— Prev. High. Low. 11:45 close Atchison ..120% 119% 126% 110% At Coast L 165 % ... 165% 104% B. & O 77% 76% 78% 76% Can Pac . .1*4% . . 142 C & O 94 93% 04 63% C. & N. W. 63% ... 03 Ai 03% C. RL A P 46% 4&% 40% 45% Del Sc Hud 149% Erie 28 28 28% Erie Ist pfd 38% 37% 37% 37% Gt No pfd 68% .... 68% 68% Lehigh val 78% L. & N. . ..11l ... 11l 110% Mo Pac pfd 801% $6% 80% 80 „ KX.aa 1 }? 4 ‘lll HI" ‘Hit North Pac. 66% 65% 66 N and W.. 130% 128% 130% 129 Pere M. . 65% .... 65% Penn 46 % .... 40 % 56 % Reading' ..87% 86 4 87% 87% South Rati. 102% 101% 102 101% Soutn Pac. 99 98% 99 98% St. Paul. . . 8% .... 8 8 St Paul pfd 16% 14% 15% .... StLandSw. 49% .... 49 48% ■:::!* t? 8* Hi Rubbers— Fisk Rub.. 14% .14% 21% Good Rub.. 57% .... ,50% ,57 . Goody pfd. 103% .... 103% 103% Kelly-Spr. . 20 .... 20 20 U S Rub. . 63% ASfc 62% 63% Equipment*— A C and F.103% .... 103% 103% A St Fdy. . 40% 40% 40% 39% Am L0c0..115% .... 110 .... Paid L0c0.115% .... 114 115 Gen Elec°. .28 / 284% 285 286% N Y A B . 52% 60% 50% 49% Pullman 140 Ry Stl Spg.l24 .... 124 124% w All" .... . . . •• ICo 7? West Elec.. 73% 72% 73% 73% Steels— Bethlehem.. 43% .... 43% 42% Colo Fuel .41% ... 41% 41% Crucible ..71 /0 (0% 70% Gulf States 84% 83% 83% 84% LR C& I 41% 40% 40% 41% p X & S 48% 48% 48% 48% Sloss-Sheff 100 98 98% .Voi: 1 U 8 Steel 119% 118% 11?% 119% Vanadium .31 ... 31 30% Motors— Am Bosch . 34 ... 84 34 % Chand Mot. 32% 32% 32% Gen Motors 80 85% 85% 807* Mack Mot .191,, 188 189 188% Motor Wheel 32 % 32 32% 31% Max Mo B 110% 109 110% 109%

Indianapolis Stocks

—Stocks— Bid. Ask. American Central Life..... 200 Am Creosoting Cos pfd.... 100 ... Advanoe-Rumely Cos com... 14 15 Advance-Rumely Cos pfd..,. 62 64 Belt R R com ,70 74 Belt R R pfd /.... 54 ... Cent Ind Power Cos pfd.... 89 96 Century Bldg pfd 99 ... Citizens Gas Cos com 39 41 Citizens Gas Cos pfd... 105 ... Indiana Hotel com 100 ... Indiana Hotel pfd 100 ... Indianapolis Abat pfd 5 Indianapolis Gas ... 54 60 fndpls & Northw pfd .... 20 ... Jndpls & Southeest pfd 20 Indpls Street Railway 40 45 Interstate Pub Bor lien. ... 98% 101 Merchants P Util Cos pfd... 95 ... Public Savings Ins Cos 12 ... Rauh Fertilizer pfd 48 ... Standard Oil of Ind 67 09 Sterling Fire Ins Cos 11% 12% T H 1 & B com 3 5 T H I & E pfd . . 13 23 T H Trac and Lt Cos pfd. .. 94 100 Union Trac of Ind com % Union Trac of Ind Ist pfd.. . . 6 Union Trac of Ind 2d pfd.... 1 Van Camp Pkg Cos pfd... 18 ... Van Camp Prod Ist pfd... 101 Vna Camp 2d pfd . . S O 95 Wabash Ry Cos com 32 34 Wabash Ry Cos pfd ...... 07% 09% —Bonds— Belt R R and Stk Yds 88 Broad Ripple 5s 70 73% Citizens Gas 5s 96% 97% Citizens St Ry 5s 79 % 81 Indiana Coke and Gas 65.. 94% 96% Indiana Hotel 0s 95 % ... Ind Ry and Light 5s 92 ... Ind Col & So 0s 96 100 Indpls Gas 5s 97 99 lndpjs Lt and Ht 5s 99 ... Indpls & Martinsville 5s ... . 46 Indpls Northern 5s 27 31 Indpls & Northwestern ss. . .. 46 Indpls & S E 5s 25 Indpls Shelby & S E 6s. .... 25 Indpls St Ry 4a '.. 58 59 Indpls Trac Sc Term 5s ... 91 % 94 Indpls Union Ry 6s 93 ... Indpls Union Ry 4%s .... 1)8 ... Indpls Water Wks Sec Cos. . 94% ... Indpls Water 5%s 102% 104 Indpls Water 4%s 93 ... Interstate Pub Eery 55.... 99 102 T H X & E 5s . . 72 TH T and Light 85% ... Un Trac of Ind 6s 22 % 27 % —Bank Storks— Aetna Trust and Sav Cos.. 110 .... Bankers Trust Cos 125 ... City Trust Company 125 .... Continental Trust Cos 105 ... Farmers Trust Cos 210 ... Fidelity Trust Cos 154 .... Fletcher Sav and Trust C0..225 Indiana Trust Cos 218 238 Live Stk Ex Bank 160 Marion County State Bank. ... ... Merchants Natl Bank 305 ... Peoples State Bank 182 .... Security Trust 200 ... Union Trust Company 340 400 Un Lab Rk and Tr Cos ... ’('a=h Bark and Tr C0....150 Fletcher Am Natl Bank. ...151 160 State Sav and Trust go —Liberty Bonds— Liberty Loan Ist 3% *...100.70 100.80 Liberty Loan Ist 4%*...102.30 102.50 Liberty Loan fid 4% s. ... 101.00 101.10 Liberty Loan 3d 4% s ... .101 40 101.50 Liberty Loan 4th 4%5. . . .102.44 102.00 U. S. Treasury 4%s 107.20 107.30 U S Treasury 4s 103.60 103.70

Commission Row

Price to Retailers Fruits t Apples—Fey. Winesaps. 103s to 1755. } bo* v iancy , Transparents, 40-pound, 175 @2.25: choice Transparents. 40pound oasket. [email protected]: fey. Duchess. 40pound basket. $2; fey. Benoni, 40-pound basket, $2.50; fey. Carson. 40-pound basket, $2.60. Apricot—California basket. $3. Bananas—Bc lb Blackberries —Fey.. 24-qt. case. *4. Cantaloupes—California jumbo, crate, [email protected]: standard flat crate. $1.25 @ 1.00. Cherries—California, 10-lb. box. $4.00. . Currants—New York. $6,25, Gooseberries—lndiana. sß® 3.50 crate. Grapes—Ex. lev, seedless, crt.. $4. Huckleberries. 12-qt. bekt.. $3.00, Lemmons—California. 300s $7.25® Limes—Fcv. imported, per 100. $2.50. Oranaes—California \ alencias. s6® 8.50, Florida. $5.50@8. Peaches—s3.2s. Pears—Ex. fey. Bartlett, bu.. $4.50. Pineapples—Cuban’, crate. $3.75@4. Plums—California. $2.50@3. Watermelons—Florida. 85c. Vegetables Aspararus—Home-grown green, dozen. $1: white, 60c. Beans—H. G. lue, $1.50. Beets—Texas, bunched. 30e. Cabbage—Fancy home-grown, per barrel! $4.00. Carrot*—Southern, doz.. 45c, Cauliflower—California. $3.50. Corn—H. G.. doz.. 25e. Cucumbers—Southern, dozen. sl.lO. Kale—Home-grown, bu.. $1.50. Lettuce—Western Iceberg, crate. so.oo. Mangoes—Southern, hpr.. $2.50, Mushroomt. —Home-grown, lb.. sl. Onions—California, yellows. $2.60 @ 3.50. Parsley—Dozen bunches. 60c. Peas—Fey. N. Y, tel., bu.. $2 75. Potatoes—New Va. cobblers. $7, Radishes—Mississippi, dozen. 40000 c. Rhubarb —Hothouse, dozen, 35c. Spinach—Home-grown, bu.. $1.25. Squash—White, $2.60 bu. Tomatots—Basket. $1.75 0 2. Turnips- -Southern baskets. 40c.

Births Boys Frank and Mabel Woods. 2830 North.western Ethridge and Viola Lovejoy. Provident Hospital. _ Eric end Doris Tanner. 2015 Buckle. Arihur and Hazel Lynch. 421 N. Ham-/ llt< Glenn and Elva Hubbard. 2908 Cornel! Girls John and Elizabeth Drane, 313 W. Charles and Julia Yeager, 2138 N. John and Celia Grau! 010 W. New Harry and Loleta Miller. 920 S. Noble.

Deaths

Harry Jones. 27. city hospital, chronic myocarditis. Jojin M. Allen. 66. 227 College, angina pectoris. Sarah Ellen Daniel. 71. 2844 McPherson. acute dilatation of heart. Robert F. Kirk. 67. city hospital, carcinoma. Corrine May Wright, 3 months, 1306 Js T . Sheffield, acute gastro enteritis. Oillo Pash. 30. city hospital, perlto'dtts. Alvin East. 1, 146 Blackford, ch Jnra infantum. Elizabeth Lester. 95. Methodist Hospital. cerebral hemorrhage. Pearl D. Beck. 44. 1239 S. Richland, carcinoma. Milton Tevis. 56, Methodist Hospital, chronic myocarditis. Spphronla Caroline Turner. 75. 2030 N. Meridian, chronic myocarditis. Charles L. Hamilton. 64. i4O ! W. Thir-ty-Pifth.. chronic myqi-nprlttjs. i

(B.v Thomson & McKinnon)

Moon Mot. 33 32% 33 3Ui Studebaker. 48% ... 48 48% Hudson.... 03% ... 63% <1; % Stew-Warn . <O% 69% 70* §■> * Timken ... 4o ... 44% 44’* Willys-Over 20% 20 20% 19% Dodge .... 83 % ... 83 83 Minings— Dome Mines 15% ... 16% 15% Gt Nor Ore 29% ... 29% 29% Int Nickel .30% 30 ... 20> Tex G& S 111 110% 111 110-* Coppers— Am Smelt 100% ... 105% 106% Anaconda . 43% ... 4- 43 * Inspiration. 28% ... Kennecott. . o 4 63 % o3 % 53 * Utah Coppr 05 ... 04 % ... U S Smelt. 39% ... 39% ... Oils— Cal Petrol. 29 28% 28% 28% Cosden 33% ... 32% 33% Marland Oil 46 ... 44% 40% Pan-A Pete 76 ... 70% x 6 % P-A Pete B 70% 75% 75% 77 Pacific Oil. 58% ... o 8 5,% Phillips Pot 40% ... 45% 45% Gen Pete... 57% 60% 06 % 57 Pure 011 ..29% ... 29% 29% Roy Dutch. 6o % ... o 5 % fig * S Oil of Cal 69% ... 59 5? S Oil of N J 44% ... 44% 44% Sinclair ... 23 24** 22% 23 Texas Cos. . 62 % 52 •% % V Tr Cont Oil 4 % ... 4 % 4 % Industrials— : Allied Chem 89 % ... 89 % 89 % Ad Rumely 14% ... 14% -c . Allis-Chal. . 83t> 83 83% 83% Amer Gan .208!* 209% 205 201 V* Amer Wool. 39% ... 39% 39 Cent Leath. 19% ... 19% 1? Coca-Cola .122% 122 122% 121% Oongoleum. .. ... ... Davis C Chem 38% '.3s}i 38 85^ F Players 103% 103% 103% 103% Gen Asphalt 54 ... 54 c 4 * Int Paper.. 66% ... 66% 66% Int Harv .110% .. - JO? 7* May Stores 116 , ... Ug% Ug% Mont Ward 03% ... 62% 03 Nat Lead . 149 .... 149 149 Owen Bottlo 54% 54% 64 % 54% Radio 55% 54% 60% 65 Sears Roeb 186% 183 185% J^l 5 ’ 4 U9C I P 161% ... 160% 102 U S In A1 87 ... 80% 86% Woolworth 162% ... 162% 162% ITUUties — A T and T 140% ..* 140% 141 % Con Gas .. 92 ... 91 91 % Col Gas ... 60 % ... ,06 % 66 % People’s G 116% ... 116% 11' Wn Union 133 ... 133 132% Shipping— Am Int Cpn 37 ... 37 37% A Sand C 7% 7% 7% 7 Atlan Gulf. 52% ... 61 % ... foods— Am Sugar. 67 65% 66% 04% Am Bt Sug 39% ... 39% ... Austin Nich 24 % ... 24 % 24 % Corn Prod. 36% 36 30% 30% Cu Cn Su pf 61 % 51%. 61% 61 Cu-Am Su. 29% 29 29' 28% Punta Aleg 30 '2 s * 4 §2. 35 % Ward Bakg 68% S7 68% 87% Tobaccos— Am-Sumat .11 ... 11 11% Am Tob Cos 99 . . . 98 % 98 % Cons Cigars . . ... ... 30 % Tob Prod B 82 % ... 82 % 83 % U C Stores 85% 84% 84% 84%

GRAINS CLOSE WITH SLUMP Wheat Sold by Traders on Bulges. Bn United Press CHICAGO, July 20.—Grain futures closed near the bottom of a sharp slump on the Board of Trade today. Wheat was characterized by nervousness. Lower Liverpool and Argentine and reports of better growing weather in the spring producing areas brought about selling. On the decline good support developed, hut bulges found wheat for sale and prices receded. Corn was affected by good growing weather and weakened wheat, the market failed to attract interest. Oats failed to attract interest and followed developments in other grains. Provisions weakened with grains and hogs.

Chicago Grain Table —July 20— WHEAT— Prev. Open. High. Xxjw. Close. close. July 1.00 160 1.67% 158% 1.60 Sept 1.50 1.56 1.53% 1.54% 1.60 Dec. 1.55% 1.55% 1.54 1.55% 156% CORN— July 1.02 1.03% 1.01% 103% 1.03% Sept 1.05% 1.06 1 04% 1.64% 106 Dec. .87% .87% .85% .86% .87% OATS— July .44 .44J4 .43% .43% .44% Sept .45% .45% .45 .45% .45% Dqc. 48 .48 .47% .47% .48% LARD—July 18*50 18.50 18.40 18.42 18.57 July. . . .Nominal .98 .98% Sept 1.00% 1.02 1.00% 101 1.01% CHICAGO, July 20.—Carlot receipts were: Wheat. 82: com. 29: oats. 66: rye. 1. ST. LOUIS, July 20.—Com—No. 2 white. $1.10%: July. $1: Sept.. $1.04: Dec., Bo%e. Oats—No. 2 white. 47% @ 48 %c: No. 3. 46% @47: No. 4. 45% @ 46c. Wheat—May. $1.60%: July. $1.57%: Sept. $1.54%: Dec.. $1.56; No. 1 red. $1.64® 1.66; No. 2. $1.7301.74: No. 3. sl.Ol @ 1,64: No.- 4. *[email protected]: No. 1 hard. $1.69% @1.00:\ No. 2. $1,58%® 1.69: No. 4. $1.56. TOLEDO. July 20.—Wheat Cash. $1.02% ©1.63%. Com—Cash No. 2, $1.1401.15; No. 3. $1.1101.13. Rye— Cash No. 2. sl.Ol. Oats—Cash No. 2. 51 ©s2c: No. 3. 50@50%a. Barley—Cash No. 2 90a Cloverseed—-Cash, $17.25: October, *10: December. $15.35. Timothy —Cash. $3.75: December. $4: October. *3.80. Alsike—December. $12.60. But-ter-480490. Eggs—32® 34c. Hay—s2o. CHICAGO. July 20—Wheat—No. 1 red. *1.59% ©1.01; No. 3. $1.58: No. 2 hard. $1.58% @1.61: No 3. $1.57%. Com—No. 2 mixed. $1.04% @ 1.05: No. 5. $1.03 01.03%; No. 2 yellow $1.100111%: No. 3. sl.lo® 1.10%: No. 4. $107% ©1.08%: No. 5. $1.06: No. 3 white. SI 04% @1.05%: No 4. $1.0401.04%: No 6. 51.03 Oats —No. 3 w-hite 42%©46c' No. 4. 43@ 44%c: standards 40%©42%c. Barley—--88@92c. Timothy—s 680 @B. Clover — $19.50@ 27.05.

SCHOOL BOARD MEETS Conference Held With Taxpayers’ Association Secretary. The budget committee of the Indianapolis school board met today with Harry Miesse, secretary of the Indiana Taxpayers’ Association, on the proposed budget for the school year 1925-26. Miesse was Invited Saturday to the ocnference by William H. Book, business director. Miesse was unable to attend a meeting at 9 a. m. today and the conference was postponed until 1 p. m.

PLAN POPCIAR PROGRAM The classics will yield to popular music at tho next municipal band concert Thursday night at University Square, R. Walter Jarvis, park superintendent, announced today. Music will ho given by the Indlarfapolis Military Band.

I Uva perMMis liave boon I R injured in traffic accidents in I 1 1,2491 32 j

THE TNDTYNXPOLIS TIMES

Calf Market Rules Higher With Best Veals Up 50 Cents. Hog Prices Day by Day July Bulk Top Receipts 14. 14.25 ® 14.50 14.00 7.00 Q 16. 14 [email protected] 14.70 6.500 10. 14.40 © 14.65 14.75 6,000 17. 14.00® 14.25 14 40 9.000 18. 14.15 @ 14.40 14.50 4,000 20. 14.00® 14.25 14.35 4.000 With a light run of 4,000 hogs and holdovers from Saturday numbering 621, prices In the hog division of the Indianapolis Livestock Exchange were 10@26c a cwt. lower, today. Shippers were bidding slightly higher on some grades than the local packers, but v the demand was so light that the prices were forced to a lower level. Heavy hogs sold at [email protected] a cwt.; medium hogs were $13.75@14 a cwt.; light hogs sold at $14.25<g>14.35 a cwt., the top price for the day; light lights sold slightly under the top price at sl4® 14.35 a cwt.; pigs were quoted at $12@14 a cwt.; smooth sows were selling at [email protected] a cwt.; roughs brought $11.75® 12.25 a cwt., and stags moved at slo@l2 a cwt. The top price was on the light and light hogs at $14.35 a cwt., while the bulk of the sales moved at [email protected] a cwt. The cattle market ruled steady with a run of 700 head of cattle In the pens. Good material found a ready market but the cheaper kinds of killing stock moved slowly at steady to lower prices. Steers sold at [email protected] a cwt., and h’lfers in the prime fat class averaged s9@ 11.75 a cwt. Only a few spot sales were recorded at the top price, however. Good cows were steady at $4 @8.50 a cwt. A strong market and active trading featured the calf division of the exchange. The greater part of the receipts estimated at 400 moved at the top price of $11.50 a cwt. The sales averaged lower and many of the calves sold at sll a cwt. The sheep and lamb market cleared early -at somewhat low r er prices. The top price on lambs for the morning was $13.50 a cwt. Most of the choice materia! moved out at the top figure. Sheep were slightly higher at $3 @7 a cwt Receipts for the day were estimated at 300. —Hoed — Heavte © 13.75 Mediums 13.75 @14.00 Light hogs .............. [email protected] Light lights 14.00® 14.35 Pigs 12.00 @14.00 Smooth sows Rough sows 11.75© 12.25 Stags [email protected] —CattleGood to choice lat steers...slo.oo® 12.50 Medium steers [email protected] Good heifers 11.75 Common to fair heifers .... 6.00T0 8.00 Prime fat cows 4.00® 8.50 Medium cows 3.60T0 4.00 Canners and cutter cows .. I.oo® 3.60 —Calves— Fancy veals .......... ..$11.50 Good veals [email protected] Medium calves 7.00 Common veals 3.00 —Sheep and Lambs— Spring lambs, choice $13.60 Mediums 11.00® 13.00 Good to choice sheep 6.00t0 6.00 Fair to modtum 3.00® 4.00 Culls to common I.oo@ 3.60 Other Live Stock CHICAGO. July 20.—Cattle - Receipts. 16.000: market lor good to choice led steers steady to 15<i higher, mostly 10 @ 15c higher, spots more on weighty offerings: best matured steers. $14.50; mediumweights. $14.35; yearlings. 514; lower grades, including grassers. slow, about steady: active demand for mealier supply grain-fed cows and heifers; other grades she stock dull; bulls steady; bulk heavy bolognas, $5.26: vealers mostly 60c lower, largely $10.50 @ll. Sheep Receipts. 16.000: market slow: few early sales fat lambs around 25c lower: desirable Idahos. $14.75: few loads natives. [email protected]. bidding lower on cull lambs; packers bearish on fat sheep: few early sales to traders steady: desirable native and western ewes. $8 @8.60: feeding lambs and westerns about steady: five cars Montana feeding wethers and yearlings, $8.25® 11.76. respectively; one double Idaho feeding lambs. $14.50; some held higher. Hogs—Receipts. 42.000: market slow. 10@16c off: top. $13.90; bulk $12.80® 13.70: heavyweights, sl3® 13.90; mediumweights, $13.26 @ 13.90; lightweights $12.80© 13.90: light lights. $12.25® 13.60. p.icung sows. $11.85® 12.50: slaughter pigs. [email protected]. „ EAST ST. LOUIS. July 20.-- Cattle— Receipts. 10.000: market, lower; cows, $4 @5.00; canners and cutters. $2.60® 8.50; calves. $10; stockers and feeders. So© 6. Hogs—Receipts. 9.000: market. 10® 25c lower: heavies. $13.60® 13.90; mediums, $13.00® 13.95: light. $13.50(1*14: light lights. sl3©l4’ packing sows. $11.60® 13 35’ pigs. $12.50® 13.60: bulk. $13.70 @13.95. Sheep— Receipts. 3.600: market, steady: ewes. ss® 7 60: cannerß and cutters. sl®3: wooled lambs. $12®13.75. CLEVELAND, July 20.—Hogs Receipts. 2,000; market 10® 15c lower: Yorkers. $14.40: mixed. $14.25; mediums, sl4 25. p<gs. sl4 26: roughs. $11.50; stags. $7 50. Cattle—Receipts. 2.000; market siow and dull: good to choico bulls. ss©7: good to choice heifers. s9@ll; good to choice cows. $5®0.50: fair to food cows, s4@6: common cows. s2@4 hcep and lambs—Receipts. 1.600- market steady: top. slo Calves—Receipts. 1.200; market 50c higher; top. sl.s(f. CINCINNATI. July 20—Cattle Receipts. 3.100; market steady; shipping steers, good to choice. s9® 11. Calves— Market steady: good to choice. $9.50® 10 50. Hogs—Receipts. 2.400: market steady: good to choice packers and butchers. $14.15. Sheep—Receipts. 100: market strong; good to choice. sß@ll. Lambs —Market strong: good to choice. $13.50 ® 14. TOLEDO. July 20.—Hors Receipts. 500: market steady to 10a up: heavies. sl4. mediums $14.25: Yorkers. $14.25® 14.36: good pigs sl4 @14.25. Calves Market steady. Sheep and lambs —Market steady. EAST BUFFALO. July 20—Cattle—Receipts. 2.600! market, active and 26 @ 50c higher: shippers, $0®12.75: butchers, $8 ®9.60: heifers *[email protected]: cows. *2® 0 75: bulls. $3@025: feeders. $4 @7; milkers, s4o® 115. Calves Receipts. 2.000: market, active and steady; choice. $3.60® 12.50. Sheep and lambs—Receipts. 2,000; market, active and steady: lambs. si4 ® 14.50; fair. sP@l3 60; yearlings sß®i2: sheep S3®9. Hogs—-Re-ceipts. 7,200: market, active and steady to 10<J lower; Yorkers. $14.60: pigs. $14.50: mixed, $14.60: heavies. SIA6O; roughs. sl2©i2 50: stags. $7 @l2. PITTSBURGH. July 20.—Cattle Receipts. 00 cars, against 100 last Monday: market steady: choice. sll @11.50; good. slo@lo 75. fair. $7.76 @8.75: veal calves. $U.60@12. Sheep and lambs— Receipts, 11 double-decks: market slow; prime wethers, $8®8.20: good. $7®7.60; fair mixed, [email protected] lambs. [email protected] Hogs-—Receipts. 30 double-decks: market lower: prime heavy. sl4® 14 ”5: mediums. $14.65© 14 60; heavies, $14.65® 14.00; lights. sl4 ® 14.20: pigs. $13.75® 14: roughs. sll® 12: stags. ss@7. LAST CALL FOR CONVERTIBLES Bu Ignited Press BOSTON, Mass., July 20.—Despite the broadcasting of warnings in the press, official notices and bond house literature there are still $2,099,100 American Telephone convertible 6s, 1925, outstanding. These bonds mac ture Aug. 1 and If not previously converted will be paid o(T at their face value. Until that date they are convertible into stock, SIOO In bonds plus $6 cash for one share of American Telephone, with adjustments of Interest and dividends. With American Telephone selling fractionally above 140, the bonds are thus worth approximately 134. Local Wagon Wheat Indianapolis mills and grain elevators are paying $1.55 for No. 2 red wheat. Other grades on their merits. K. of r.’s PICNIC Bu Times Svecial CRAWFORDSVILLE, Ind., July 20.—More than a thousand attended the annual Knights of Pythias, outing here Sunday. Prominent lodge officers spoke.

JURY RETURNS 22 INDICTMENTS Burglary Charges Predominate in List. Twenty-two Indictments were returned by the Marion County grand Jury In Its first report today. Those indicted and the charges Included: Roscoe Brown, colored, 1207 Maderta St., assault and battery with Intent to kill- He is alleged to have shot Luella Jones, colored, 3501 Prdspect St., April 26. Oville Kavanaugh, Cletus Brooks, Walter Watkins and Hurley Mclntosh, burglary and grand larceny. George Adams, James Weldon and Oliver Wells, vehicle taking. Forest H.elms and William Dullen, entering house to commit a felony. John Polland, robbery and petit larceny. Sam Addison, Murell Hinkle and Walter Coleman, robbery and grand larceny. Frederick Brock, burglary. EXTRA THRILL IS GIVEN Balloon Cute Off Too Quick, With Daredevil on Rope. Going up in the air on a slender rope is a trick that probably Doug Fairbanks wouldn’t attempt. But that Is Just what "Daredevil” Huggins did late Sunday at Riverside Park. Huggins was preparing to make a parachute drop from a balloon when the wind suddenly tore the balloon loqse and Hujfcgins went soaring Into the air supported by one rope only. He cut loose when up in the air 1,000 feet and landed safely. OWENS CASE NEAR END Second Trial of Barber to Go to Jury Today. Case of Louis Owens, 80, charged with the murder of George Robinson, 45, was to go to the jury late today, after arguments of attorneys. Owens 1j charged with fatally stabbing Robinson, a fellow barber, in the wash room on the fourth floor of L. S. Ayres & Cos. Dec. 6, 1924. This is the second trial of the case, the first resulting in a deadlocked jury. AUTO STRIKES CYCLE Fletcher Rahke, 6405 Broadway, received a broken leg Sunday when his motorcycle was struck by a machine driven by Rollie Helton, R. R. E, Box 61, at Virginia Ave. and Prospect St. Helton was slated for assault and battery.

As all of these bonds have been subscribed for, this advertisement appears only as a matter of record. $75,000,000 '*.V, * , l Commonwealth of Australia External Loan of 1925 Thirty-Year 5% Gold Bonds Dated July 15, 1925 Due July 15, 1955 Interest Payable January 15 and July 15 NOT REDEEMABLE PRIOR TO JULY 15, 1952 t Redeemable, in whole or in part, on July 15, 195$ or on any interest payment date thereafter, on 60 days’ notice, at 100% and accrued interest. Coupon Bonds in denomination* of $1,900 and $590, not interchangeable. Principal and interest payable in New York dtp at the office of J. P. Morgan & Cos., in I'nited States gold coin of the present standard of weight and fineness, without deduction for any Australian taxes, present or future. Tha following statement in connection with this issue has been prepared from information furnished by the Right Honourable Sir Joseph Cook, P. C., O. C. M. 0., the High Commissioner for the Commonwealth of Australia in London: , general The Commonwealth of Australia is comparable with the Dominion of Canada in area, resources and Importance to the British Empire. This is the first external loan which the Commonwealth has issued outside of the London market, where its securities enjoy the highest credit. Loans of the Commonwealth issued in London constitute a legal investment for Trustees in Great Britain. PURPOSE Through the issuance of this Loan, of a £5,000,000 loan in London, and of a long-term op issue • conversion loan to be issued in Australia, the Commonwealth is providing for the refunding of short-term war debt which matures in December 1925. eovEßlTMEirr The total gross debt of the Commonwealth as of March 31, 1925 amounted to DBR T $2,101,759,763. consisting of $282,351,498 external debt in the hands of the public (payable in London): debt to the British Government (to be amortized by 1956 under a funding agreement of 1921)- and $1,390.681J71 internal debt. The foregoing represents the entire indebtedness of the Commonwealth as It has no guarantem outstanding. revenues and The ordinary revenues of the Commonwealth in the fiscal year ended June 30, 1925 EXPENDITURES (partly estimated) amounted to $334.800.000, and its ordinary expenditures to $325j00,000. resulting in a surplus of $9,609,000. These figures do not include expenditures 'for public works or for certain non-recurrent charges consequent upon the war, amounting to approximately $40,300,000. MONETARY The monetary unit of Australia is the pound sterling, the gold standard having been system restored on April 28, 1925, co-incidently with similar action In Great Britain, by the removal of restrictions on the export of gold. The Commonwealth Hank has the sola power of note-issue and on April 30, 1925 had $276,856J85 of notes In circulation, against which it held a gold reserve of $124,979,287, or over 45%. All figures stated in dollars in the above statement have been converted from pounds sterling at par of exchange. THE ABOVE BOXDS ARE OFFERED FOR SUBSCRIPTION, SUBJECT TO ISSUE AS PLANNED , AT AND ACCRUED INTEREST. Subscription books will he opened at the office of J. P. Morgan Sr Cos. at 10 o’clock A. M., Mondtry, July 20, 1925, and will be closed in their discretion. The right is reserved to reject any and all applications, and also, in any case, to award a smaller amount than applied for. The amounts due on allotments will be payable at the office of J. P. Morgan S’ Cos., in New York funds, the date of payment (on or about July 28,1925) to be stated in the notices of allotment. Temporary Bonds or Interim Receipts will be delivered, pending the preparation and delivery of definitive. Bonds. Application for the listing of the definitive Bands on the New York Stock Exchange is to be mad* by the Commonwealth of Australial J- P. MORGAN & CO. FIRST NATIONAL BANK t New York THE NATIONAL CITY COMPANY, New York GUARANTY COMPANY OF NEW YORK BANKERS TRUST COMPANY, New York HARRIS TRUST & SAVINGS BANK LEE, HIGGINSON & CO. BROWN BROTHERS & CO. KIDDER, PEABODY & CO. Dated July 20, 1925

‘TIGER’ SENTENCES GIVEN Two Receive Fines and Are Given Terms, in City Court. John Abbott, 2244% N. Illinois St., was fined SIOO and given a suspended sentence of thirty days in Jail on a blind tiger charge In city court today. Ralph Johnson, 502 W. TwentySixth St., was fined SIOO and sentenced to thirty days In jail on the same charge, and fined SIOO for carrying concealed weapons.

G.O.P. EFFORT AT VOTE FAILS Colored City Hall Custodian Works for Myers. William H. Armitage, leader of the Shank-Armltage forces, today attempted to convert Beverly Howard, colored, custodian of the city hall, to the support of John L. Duvall, Republican nominee for mayor. But Howard, credited with great influence among First and Second Ward colored voters, said he would support Walter Myers, Democratic candidate. “They sure did give me the work at Bill’s office this mornin’," Howard said. "Todd Young (former city council member) and Bill told me Myers would he whipped and that I’d better support Duvall. 1 said I'd stick to Myers even if I lost my job at the city hall." Howard said he held a rousing Myers meeting at his home, 1439 Martindale Ave., Sunday. TWO BUS LINES ASKED Kokomo Company Makes New Move for State O. K. Application of the Hlner Red Ball Bus Line to operate a passenger route between Indianapolis and Richmond was heard today by Frank Wampler, public service commissioner. Commissioner Samuel R. Artman heard application of the Inter-City Safety Coach Company to operate a line between Indianapolis and Peru. The latter company’s jilnety-day application recently was denied by the commission when lt was shown that the busses had been operating at an unlawful speed. CATCHES YOI'TH IN Al’TO M. C. Lout, 1227 8. Richland 8t„ saw two men In his auto parked near Illinois and Ohio Sts., Sunday. He caught one of the pair who gave his name as Ralph Mitchell, 18, of Chicago, 111., and held him for police.

ONE-THIRD ARE FARMERS 1,439 lawmaker* Out of 4,865 In Twenty-Six State* Till Roll. Bu Vnitrd rrrst CHICAGO, July 20.—One third of the legislators making the laws of twenty-six States are tlllere of the soil. Os the 4,856 law makers in these States, 1,439 are farmers, according to a survey made by the genrs-Roeburk agricultural foundation. The farm population of these States In 21,128,252 or approximately one-third of the entire population of 65,616,693. Twelve Senntorn out of fifty in Indiana are farmers and thirty-five of the 100 representative!) are farmers.

FEEDER BUSSES TO GET APPEAL Street Railway Expected to File Beginner’s Application. Attorneys for the Indianapolis Street Railway Company expected today to file a beginner's application to operate the company's Central Ave., feeder-bus line, which was ordered discontinued by the public service commission. The commission adopted a rule permitting bun lines to continue operation pending action on beginners’ certificate applications or rehearing petitions. The ruling enahled the railway company to continue ith Central Ave. line and the people’s Motor Coach Company to continue its Brlghtwood line, which was denied a petition as a line operated ninety days. PLUNGES FROM HOTEL E. W. Wagner Commits Siileide h.v Leaping Fifteen Stories. Bu Vnitfd Pms CHICAGO, July 20.—E. W. Wagner, 61, ft wealthy broker, former head of the defunct brokerage concern of E. W. Wagner & Cos., plunged from the fifteenth story of a Loop office building at noon today. Police believe he committed suicide. Mrs. Anna Wagner told police she was apprehensive over her husband’s mental condition. He had been despondent since failure of hla brokerage concern two years ago. EVENING GOWN TAKEN A particular thief visi’ed the home Os Mrs. Alice Lun, 146 W. TwentyEighth Bt., during her absence, she told police. After carefully going over her wardrobe the robber selected one evening gown valued at S7O. %

MOTORIST SHOT IN HOLD-UP; TRIO HELD BY POLICE Two Similar, Unusual Cases Being Investigated by Officers. Harvey Antrim. 18. of 1548 S. Belmont Bt.. was at the city hospital today, shot in the shoulder and hand as a result of a mysfertoua auto hold-up. Three men were under Arrest, while police investigated two other similar cases In which a girl tainted. On Running Hoard Antrim said he and Robert Rudell. 18, of R. R, B, Box 111. and Holland Gardner, 20, of 1526 Lawton Bt., were driving on Seelley Rd, t near Maywood, when a msn Jumped on the running board and ordered him to stop. They pushed him off and h* fired, wounding Antrim, pollc* were told. I*ater Lieutenant Johnson arrested Martin Shea. 21. of 10S0 8 Benate Ave.; William Moore, 1001 English Ave., and Albert W. Kennedy, IROS Olive St., at Kentucky Ave. and Eagle Creek. Shea was identified ns the man who shot Antrim, police said. Girl Falnte Charles Keisklng. 1841 B. Belmont Ave., and Miss Alice Hogan and Marie Baugh Identified the three men ns the trio that attempted to stop their auto. One of the gtrle fnlnted when Shea pulled a gun, officers were fold. Vlrley Johnson and Harry Bho'ts of Maywood, whose auto was also held up. told Lieutenant Johnson, Moore jumped on their running hoard and demanded their bualness. GOVERNORS ARE INVITED Visitors Day PkUined at CIM/ena Militaif (Snip. Lieut. CM. E. J. Nowlon, com-* mandant of citizens military tiT.lning camp at Ft. Benjamin Harrison, today issued invitations to Governor Jackson and West Virginia, Kentucky and Ohio Governors to he special guests at a visitors day program Aug. 4. Awards will lie given following n parade at 9:30 a. m. Brig. Gen. Dwight E. Aultman and MaJ. Gen. Robert Lee Howxn are expected to attend. 1 Maj. H. B. Thilpot, executive officer, announced “Snap It Up" had been selected as the name for/the camp annual.

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