Indianapolis Times, Volume 37, Number 123, Indianapolis, Marion County, 22 September 1925 — Page 11
TUESDAY, SEPT. 22, 1925
DIME DROP MADE IN SWINE PRICES
SPECULATORS SEEM DIVIDED AS TO TREND Mixed Opinion Is Reflected in Irregularity at Start.
Average Stock Prices
Average price of twenty industrial stocks for Tuesday, Sept.. 22. was 140.11, off 1.82. Average price of twenty rails for Tuesday, Sept. 22.. was 103.18. off .50. Bv United Press NEW YORK, Sept. 22.—Speculative attention was sharply divided after Monday’s reaction. Many observers held extensive reaction was in sight, while others maintained the power behind the forward movement was so great that it could not be stopped even by 5 per cent call money. This mixture was reflected in considerable irregularity in the earlier dealings. Price changes in active stocks were without definite classification, but were almost wholly confined to a fractional area. Pullman was an exception, dropping a point to 159. American Tobacco was in good demand, moving up % to 114% on buying based on expectaation of an increase of the $7 dividend rate to SB. Stocks were steadied around noon by official announcement of a reduction in New Y r ork Airbrake’s dividend rate from $4 to $3 annually, as forecast last week by Dow Jones. New Y'ork Airbrake broke to new low ground for the year at 3(i% and new lows on the movement were reached by American Can at 23512, off 414; Mack Truck, at 21214. off 114. General Electric at 31514 was off 2and International Harvester at 132, off 114- Chrysler spurted 3 points to 16314 on reports that insiders were trying a coup at the expense of the shorts. Local Bank Clearings Indianapolis bank Hearings for today, amounted to $2,756,000. Bank debits for today totaled $5,531,000.
Commission Row
Price to Retailers Fruits Apples—Maiden Blush. 40-pound basket. f1.60®13. Jonathons. 40-pound baakit, [email protected]: Grimes Golden. 40-p')und basket. $1.75® 2. Bananas—Bc lb. Canataloupes—lndiana Tip Top, $2.50 Colorado Pink Meats, $1.50. Cranberries—Early Blacks box. $5. Grapefruit—lsle of Pine $5 0(! a crt. Grapes—Malagas. $1.7.M2: Tokays $2.00. Lemons —California 300s. slOOll. Oranges—California Valencias. $5.50® 8.50. Peaches—s!s. Pears —Ex. icy. Bartlett, box. s2® 3. Plums—Blue Damson. $2.25®2.50: Oregon. $1.25. Prunes —Fey. Italian, $1.35. Vegetables Beans—H. G., bu., $1.50® 1.75: lieme. 25c. Cabbage—Fey. H. G.. 3® 4c lb. Carrots—Southern, dor... 400 Cauliflower—Washington, crt.. $1.25. Celery—Michigan, crt.. 90c® sl.lO. Corn—H. G., dor.. 10fa 15c. Cucumbers—H. G.. 25® 60c. Lettuce—Western Iceberg, crate. $2.50 @3: H. G.. leaf, 15-lb. basket 50®80c. Mangoes—H. G.. bu.. 50c® sl. Onions —Yellows. $2.50® 3: H. G. white, bu.. $1.75®2: Spanish, crt.. $1.60 @1 90. Okra—Basket, sl. Parsley—Dozen bunches. 35®50c. Peas—Fey. Colo.. 45-pound crt.. s2® 4. Peas —Colo., crt.. $2 ® 3.50. Potatoes—Michigan white. 150-pound sack. $3.25® 3.75; Idaho Rurals per cwt. $3.50: Eastern Sweets. $4®4.50. Radishes—Mississmpi. dozen. 30®50c. Rhubarb—Doz.. 75080 c. Spinach—H. G. bu.. 00c. Squash—White. 75c bu. Tomatoes —Basket. 40® 50c. Turnips—Southern, bu.. $1®1.25. ; t Produce Markets Eggs—Strictly fresh, delivered at Indianapolis. 33c, loss off. Poultry Hens. 22c: Leghorns, loc: springers. 22c: Leghorns and blacks 17c. young turkeys 2oc; old turkfws. 20c: cocks and stage 10c: ducks 10® 16c Buiter—Jobbers selling prices for creamery butter fresh prints, 47® 50c Butter Fat—Local jobbers are paying 48c a pound for butter fat. CJieese —Selling prices, uoraevttc Swiss 32®44c; imported, 53®59c: New York brick, 26c U: Wisconsin limhurger, 31c Wisconsin Daisies, 26 %c; Long Horns, 26% 0 2714 c: American loaf, 33c: pimen to loaf. 35c: Swiss loaf 39c CHICAGO. Sept. 22.—Butter—Receipts. 16.290: creamery. 46Vie: standards. 46c: firsts, 42 Vi® 43 %c; seconds, 39 041 %c. Cheese —Twins. 23Vic: Americas, 23 %o. Poultry’—Receipts, l!) ears; fowis. 18® 24c: ducks, 18® 20?: geese, 15c; springs. 24c; turkeys. 20c; roosters. 1 tic. Potatoes —Receipts. 391 cars; quotations: Minnesota and Wisconsin round whites. $1.85® 2’ North and South Dakota early Ohios, $2.15; Idaho rurals. $2.1502.25. CLEVELAND. Sept. 22.—Potatoes — Michigan round whites, $3.25® 3.36 per 150-pound sack; Maine. Ohio and Penna, $3.60® 3.75; New York, $3.50. Poultry —Express fowls, 28c: lights, 21c: springers. 28c: roosters, 15c: ducks, 20® 24c. Butter—Extra in tubs, 40 % ® 50 Vic: extra firsts. 47 Vja\ 48 %o; firsts. 45% 0 46 %c: packfling stock,, 27® 28c. Eggs— Northern Ohio extras. 43c; extra firsts. 39c; Ohio firsts. 36c; western nrsts, 35c. NEW YORK. Sept. 22—Flour—Firmer Pork—Steady: mess. $40.50'1l 41.50. Lard —Stronger: middlewcst. $17.05 ® 18.05. Sugar-—Easy: 06 test. $4 50: refined dull; granulated. 5.40® 5.70 c. Coffee—Rio No. 7. 20?i®21o: Sairtfis No. 4. 23 s .i ® 24c. Tallow—uiet: special to extras, o%®lOe. Hay—Quiet: No. 1. $1.45: No. 3. $1.15® 1.25. clover. sl.lo® 1.40. Dressed p.mlttu’ —Steady; turkeys 20® 55c: chickens, 20®40c; capons. 35®50c; fowls. 16® 36c: ducks, 16®26c; Long Islands. 25c. Live poultry—Dull: geese. 15®20c- ducks 15® 30c: fowls, 20® 32c: turkeys. 25® 30c; roosters. 16c. broilers. 25®2!)c. Cheese—State milk, common to special. 20® 25Vic; young Americas. 25c. Butter —Firmer: receipts, 15.807; creamery extras. 48’ ®4B %o. Eggs—Firm: receipts. 82.803; nearby white fancy. 600 62c: tiearbv state white. 40® 59c: fresh firsts. 85V. ® 48c: Pacific coast, first to extras. 36® 58 Vic; western whites. 35® 50c. Wholesale Meat Prices Beef— Native steers. 500 to 800 Iba.. 22c: fores under carcass. 4c: hinds over carcass. 6c: native heifers. 300 to 450 lbs.. 18% ®2lc; fores under carcass, 4c: hinds over carcass. 6c; native cows. 400 to 700 lbs.. 12013%c: fores under carcass. 3c: hinds over carcass, -to: tongue. 23c: sweetbreads. 45e. Pork Dressed hogs—--140 to 200 lbs.. 21 Vic; egular picnic Isms. 4 to 14 lbs 17V. ®l9V4e; fresh tenderloins, 63c; fresh ham hocks, 13 %c: pigsfeet fores, 9c. Veal—Carcass"* 70 to 200 lbs. 20@23%e: hinds and saddles over carcass 8c lores under carcass. 6c: brains. 15c- sweetbreads 60c: tongues 22c Mutton—Spring lambs, 26 to 40 lbs., 29c; mutton saddles. 25c; legs. 26c; fores -due. hrains 43e- *nnytlp 1 fie J. P. Michael Cos. Wholesale Grocers Largest Dealers In Canned Goods for Hotels, Rcstnurants. Clubs and Institutions, Fayette and J. P. M. Brands
Young Men’s Flashy COLLEGIATE SWEATERS $2.97 to $5.97 no> Where Washington Crosses Delaware
New York Stocks
- ! By Thomson 22— Raihoadsj-u. Prov. High. Low. 11:45 close. Atchitfm ..123 122% 122% 122% 4t Ooast L 196 . . . 196 196 6. *O. .. 82% 82% 82% 82% Can Pacific 140 148% 149 149% C A O 106% 105 106% 105% C. & N. W 68% 67% 67% 68 % C., R I 4 ? 48 48% 4040% D A Hud ...147% ... 1f,7% 147% D & Lack. ... 190 Erie 32 % ... 32 % 32 % Erie Ist pfd 41% 41 41% 40% Gt No pfd. 74 ... 74 73% Lehigh Val 79% 79% 79% 79 MKAc T. . 43% ... 42% 43 Mo Pac pfd 85 % ... 85 84 % N Y Cen... 122 % 122% 122% 122% N Y NHAH 37% 37 37% 37% No Pac 71% 71 71% 70% Nor & Wes 137% ... 137% 13*>% Pare Marq. 71% ... 71% ••• , Pcnr.sylvan.. 49% 49 49 49% Heading ... 87 86 % 86 % 86 % So Railway 106 105 100 106 So Pac 99 % ' 98 % 09 98 % St. Paul... 8% ... 8% 8% St Pan lpfd 15% ... 15% 15% St L&SW 67 % . . 57 % 57 % St L & S P 07% 97% 97% 97% Union Pac 142% ... 143% 143% Wabash . . 43 % 43 43 % 43 % Wabash pfd 71% ... 70% 71% Rubbers— Fisk Rub. 24% 24% 24% 24% Goodrich R 62% 61% 02% 01 % Gixxlyr pfd 100% .. . 100% 100% Kelly-Spg... 17% 17% 17% 17% U S Rub.. 59% 57% 57% 58 Equipments— Am C * F.U4 112% 112% 113 Am Stl Fd 42 ... 43 42% Am Loco. 118 117% 117% 117% Bald Loco 123% 131% 122% 121% Gen Elec.. 318 ... 317% 318 N Y Airb.. 39% 36% 38% 38% P Steel Car ... ... ... 56 Pullman ..103 158% 101% 100 Ry Stl Spg 155 . . . 155 155 Wes Airb. 128 127 127% 128 West Elec.. 70% 76% 76% 76% Steels— Bethlehem. 41% ... 41 41% Colo Fuel... ... ... 39 Crucible... 73% 72% 73% 73% Gulf States 81 .. 81 81% P R C & I 41 % 41 % 41 % 41 % Rp Ir & St 51% ... 51% 51% Slossl-Shof. 99 ... 90 99 U S Steel, 123% 122% 122% 122% GRAINS SLIDE TO LOW CLOSE Rye Futures Gain 3 Cents, but Lose Latter. Ru United Press CHICAGO, Sept. 22. —Grains dropped to a lower close in today’s session on the Chicago Board of Trade. A feature of the trade was a gain -of 3 cents in rye futures. This was lost in later profit taking. Spirited selling by locals broke wheat. li came about through failure of the east to resume buying At the start commission houses were good buyers, with the intention of taking profits on a resumption of outside purchases. When this business failed they unloaded. Selling by spreads and hedging added to the depression. Failure of outside business and weakness in the leading cereal influenced lower corn close. Oats held comparatively steady on a featureless market. Provisions lost most of an early gain on spirited selling for profits. Chicago Grain Table —Sept. 22 — WHEAT— Prev. Op'n. High. Low. Close, How . Spot 1.52% 1.52% 1.50 1.50% 1.52% Dec. 1 52 1.52% \.50 1.50% 1.52 May 1,54% 1.55 1.53% 1.53% 1.54% Corn— Sept .88 .88 .87 .87% .87% Dec. .81% .82 .80% .80% .81% Mav .85% .86% .84% .85% .86 OATS—Sept .38 .38 .37% .37% .38 Dee. .41% .41% .40% .40% .40% May .45% .45% .44% .45 .45% LARD— Sen* 17 40 17.60 17.40 17.40 17.35 RIBS— Sept 18.20 18.20 18.15 18.15 17.95 RYE— Sept .83% .83% .81% .82 .82% Dec. .90% .90% .80% .87 .86% CHICAGO, Sept" 22. —Oar’.ot receipts were; wheat. 60; corn. 247: oats. o 7; rye. 9. CHICAGO. Sept 22~—Wheat—No. 2 hard. $1.55% @1.56. Corn—No. 1 mixed, 88 %o; No. 2 mixed. 88%c: No. 3 mixed. 88fiStlc:* No. 4 mixed. 86 No. 6 mixed. 81o; No 2 yellow. 89 r a 89 %c: No o yellow. 88 ft 89c: No. 4 yellow. 87c: No. 5 yellow, 85%c; No. 6 yellow. 84 %c: No. 2 white. 89 Hi 89 %c: No 3 white. 88 to 88 >4 c; No. 4 white. 87c. Oats—No. 3 white. 38 %() 39 %e. Barley—oo fit 78c. F.ye—No. 2. 85c. Timothy—s7fit 8.1 5; clover, sl9.2sfit 27. TOLEDO. Sent. 22. —Close: Wheat— Cash. No. 2, $1.68 @1.09. Cosm —Cash. No. 2. 93 %at 94 %e; No. 3. 92%@93%e. Rye—Cash. No. 2,93 c. Oats-—-Cash, No. 2 43% fit 44 %c: No. 3. 42% fit 43 %c. Barley—Cash, No. 2,80 c. Cloverseea—Cash and Oct.. $15.35: Dec. and Feb.. $15.05, Mar.. sls. Timothy—Cash. Sept., Oct and Dec.. $3.90. Alsike —Dec.. sl4; Mar. $14.15. Butter. 52@53c. Eggs. 35@37e. Hay. 520.
MISSING OFFICER QUITS Resignation of Detective Received From Denver. Resignation of Detective Sergt. Fred Purvis, who mysteriously disappeared several days ago. was accepted by the board of safety today. Police F. Rikhoff said he had received a resignation \from Purvis, written from Denver, Colo. He refused to divulge whether Purvis gave a reason for his disappearance and other details of the letter of resignation. ‘UNFORCE THE LAW’ President Favors Keeping Americans Out of Foreign Armies. tin l nited Press WASHINGTON, Sept. 22.—President Coolidge favors enforcement of laws which prevent American citizens serving with foreign armies which has been cited by Secretary of State Kellogg as a warning to American aviators fighting with the French army against the Riff tribesmen in Morocco. ‘ It was said at the White House today that Kellogg has not taken up the question with the President, who has no personal opinion on the specific case at issue. SHOT MAY COST ~ LEG Roomer Wounded in Quarrel With Man and Wife. Charles Clapper of 1521 E. New York St., is under arrest today charged with shooting with intent to kill. Wallace English, a roomer at the Clapper home, is in th3 city hospital, where his right leg may have to be amputated. Clapper, according to police, fired a shoigun at English. Mrs, Maude Clapper told detectives her husband and English quarreled and English tried to strike her husband with a chair. She and her husband together put English out, she said. When he chme back she said her husband obtained the gun and fired. Local Wagon Wheat Indianapolis mill* and cram elevator, are paying $1.64 for No. 2 red wheat. n arades on tUatr merits.
A McKinnon I Vanadium. 30% ... 30% 30% Motor*— Am Bosch, 38% ... 37% 30% CharidMo. 37% 36% 37% 30% Gen Mot,. . 100 % 104% 106% 106% M?ak Mo. .216% 212% 214 213% Chtysler ..103% 160 163% 100% Hudson . . 83 81 % 82 83 M°on Mo .35% 35 35% 35 Studebsker. 57% 50% 50% 66% Dodge ... 29% 27% 28% 27% StewlWarn 78% 77% 77% 79 Timken .. 44% 44% 44% 45 Willys-Over 28 27% 28$ 20% Pierce Ar 42% 41% 42 41% Mlninjc*Dome Mines 15*4 . . 15U 15% Gt Na Ore 30.’ ... 30 £ 30 2 Int Nickel 34 ... 33% 34 Tex GAS 109% 109% 109% 110% Coppers—ni% in% 112% Anaixiiuia .44 % 44 % 44 % 44 % Inspiration 27% . ™ *>7 iZ ‘>7% Ktmneoott. 55 % ~. . 66 65% Ray Copper 13% ... 13% 13 % U S Smelt 46 % ... 45 % 40 % Oils— Gal Petrol 20 % ... 6 % 20 % Condon .. . 29 • *<) •> k Houston OH 5 ii! fig Marl and 011 43 40*4 4214 Pan-Am P 03% . 63% 04% Pan-A P B 03% 03% 63 % in '? 9, 11 ••• 53 A? 53% Phillips Pet 38 % ... 38 33 % p.sr-. ni m ltd, tv* 4,,r vA tn Std Oil NJ 3# % 39% 39% 39% Sinclair.... 18% ... * igfl Texas Cos.. 47}? 47 % 15?! Tr ct oil 3% ::: */,% Industrials— Allied Che. 102 % 101% 101% 101% Adv Rum.. 16 10 in 1 i Allis-Chal . 89% is I'J*? Amer Can .210% 235% °35 % °4O AHandLpfd. 03% 62 02 ~03 Amer 1ce..120% .... joaio, is? Amer Wool. 41 46% 41% 41% Cent Lea... 19 .... 19 19% Coca-Cola .142 141% 14'’% Congoleum. 22 % •>•> 1; 63 4? Cont Can. 07% 05% 07% 75% Dav Cheiu. 41 40 N 41 40 Fam Plav ..109 % 108 >4 100 A* 108 £ Gen Aspli. . 54 U . . 6.3 H 6.3 <4 Int Paper.. 67% .... 67% 68 Int Har. . . .183% 132% 133 133% May Stor. .119 118% 119 up M and W. 08% 07>? 67% 67% Nat Lead. .160 160 162 Owen Bot.. 58 % 58% 58% Radio .... 00 % 69 % 60 % 59 A Sears-Roe .213% .... 213% 214 United D...130% .... 130% 3 31% us i Ai.. 88% ss% Woolworth 160 167% 167% 168 Utilities— A T and T 139% .... 139% 140 Cor. C.. .91 % 01 91 4 91% Cot Gas. .. 75% 74 75 73% People’s G 120 ! West, Jn...!39 .... 139 1.38% Shipping— Am I Corn 37% 37% 37% 37% A Sand C . 7 At! Gulf... 74% 71 74% 71% I M M pfd. 32% .... 32% 33 Unit Frt 230 Foods— Am Sug... 68 .... 66% 67% A B Sux... 30 % .... 36 30 % Aust SRch. 27% £7 27% 27% Coro Prod .... 35 % C C Sug pfd 44 % .... 44 44 % CA Sug... 23 % 23 23% Punta Ale. 35% 35% 35% 35% W Bak 67 % Tobacco*— Tm-Sum... 10% .... 10% 10% Am Tob. ..115% 114% 114% 113% Gen Cig 97 Tob Prod B 91 % .... 91 % 91 % Uni C S. . . . 83 % 82 % 83 % S3
ARREST VICTIM OF ‘KIDNAPING’ Man, Spirited Away From Hospital, Is Found. Edward Dick, 23, of 1926 S. Relmont Ave., was to be taken to Lafayette, Ind., today where he is wanted in connection with a liquor case. Police there say he was spirited away from a hospital there several weeks ago by two men who carried him on an Improvised stretcher made of an ironing board. He was suffering a fractured hip. The injury was received police say when a truck he was driving -went into the ditch at Montfcello, Ind., July 11. William Davey, 1154 S. West St., was arrested when he visited the scene and attempted to get ipossession of the liquor cargo. Police say Dick Is his employe and the reason he was spirited from the hospital was fear of his testimony at Davey’s trial today. Monday night detectives arrested Dick in an auto at Market St. and Capitol Ave. Officers said they three guns hidden under a coat in the back seat. TRAINED DOG OFFERED Police May Borrow Animal to Trail Criminals, Says Kennel Owner. Use of a German trained police dog has been offered to the Indianapolis police any time they wish by Ben H. Wilson, owner of the WJlsona kennels at Rushville. and one of the foremost importers of Herman shtoherd dogs in this country. Wilson exhibited his dogs in an all-day program Monday at the East Side Gun Clut. Zillo, one of the police dogs, showed how a criminal is trailed. SUIT FOLLOWS DEATH Father Seeks $5,000 for Total Injury to Child. A complaint for $5,000 damages for the death of Doris N. Parker, 3, daughter of James E. Parker, 2049 N. Meridian St., who was killed in an elevator accident July 13, was filed today by the father in Superior Court Two. The child was fatally injured when her head struck a bar below the second floor while on an elevator in the Fletcher Savings and Trust Company building. The trust company was named defendant. According to the complaint, the elevator started with a jerk, throwing the child against the door. SEVEN DRIVERS TAKEN Speeding Charges Are Preferred, Following Arrests. Police arrested seven alleged speedsters today. Those arrested: Louis Craig, 5964 N. Meridian St.: F. Willbaum, 118 N. East St.; Edmund Haggard. 5314 Park Ave.; Taylor Fletcher, 3750 Chester Ave.; Howard Burrell, 780 Concord St.; Samuel Griffith, 1226 N. Tacoma Ave., and M. Gosnell, 3414 Kenwood Ave. PERJURY CHARGES FILED Action Follows City Court Blind Tiger Trial. Charges of perjury today were preferred against Clyde Losley, 26, of 1717 Lambert St., and Oscar Franklin, 52, of 1817 W. Morris St., by police. The two were freed in city court, with several others, on Aug. 30 on blind tiger charges. Their story differed from the one told by arresting officers.
THE INDIANAPOLIS TIMES
Cattle Trade Is Active and Prices Are About Steady. Hog Prices Day by Day Sept. 10. [email protected] 13.85 8 000 17. [email protected] 13.75 6,000 18 13 35013.60 13.75 0.500 19. 13.50 <813.90 14 00 3 000 21. 19 50 fie 13.90 14.00 5 QOO 22. 13.00 @13.80 13.90 7,500 A heavy run of hogs estimated at 7,500 and holdovers from Monday numbering 105, was too much to be absorbed by the narrow outlet, today, and prices dropped a dime at the Indianapolis Livestock Exchange. I/oeal packers started bidding lower and other buyers soon followed the lead. Top price of $13.90 was paid on light weight material and the bulk of the transactions were made over a narrow range of [email protected]. Cattle Trade Active Trading was done over the following scale: Heavies brought $13.155/ 13.40; medium weight material cashed at $13.60® 13.70; light hogs commanded a price of [email protected]; light light swine was $13.75® 13.90; pigs averaged, [email protected]; smooth packing sows sold from [email protected]; rough packing sows moved at $10.25 I @11; and stags were unchanged at I $9.50® 11. An offering estimated at 1,200 in the cattle division of the exchange was absorbed at prices which were fully steady with the previous day’s close. Trading was active on the lesser grades of killing material, but top price was not reached because of the lack of fat and finish on most of the run. One load of 25 steers weighing 25.340 pounds went under the hammer at $13.25. A discount was given because of the lack of finish. flange of prices on steers was given because of the lack of finish. Range og prices on steers was from $8 to sl4. Heifer sales progressed at steady prices, ranging from $6 to sll. Cows were fully steady at $4 to $8.25. Calf Mart Weak A run of sheep and lambs estimated at 1,000 cleared the pens at steady prices. Lambs sold from sl4 to sl4 and sheep average ss@7. Two decks of western feeding lambs were priced at sls. This was a jump of 25c. Prices in the calf division were weak, although the top price of $14.50 did not drop. Only a few of the very best veals commanded this figure. The bulk of the sales were made from $13.50 to sl4. Receipts were estimated at 900. Stockers and feeders continued in a buying slump, but prices were unchanged and ranged from $4 to SB. —Boys— Heavies *13.16013 40 Mediums 13.00013.70 Light hoars 13.80(5 1 3.90 Light lights 13.75 fit 13.90 Pigs 12.50013 75 Smooth sows 11.25 fit 12.50 Rough sows 10.25 fit 11.00 Stags .. „ 950 @ll.OO ' —Cattle— Good to choice fat steers... $ 8 00 (@l4 00 Medium steers 700 fit 8 lit. Good heifers [email protected] Common to fat heifers.... 000 fit 800 Prime fat sows 4 00 fit 8 0C Medium cows 3 000 4.0' Canners and cutter cows... 1.000 300 —Ca IvesFancy veals *14.50 Good veals 13.50014.00 Medium calves 8.000 11 00 Common veals 5 00 0 7.G0 —Sheep end oamDs— Spring lambs, choice $14.00 Mediums 13.00013.50 Good to choice sheep 5.00 0 7.00 Fair to medium 3.50® 5.00 Culls to common 1 00 0 3.50
Other Live Stock CHICAGO. Sept 22.—Cattle—Receipts. 10.600; market. draggy. trade on steers: short le.ls predorfHnaune: quality plain; mostly $9.50012: few loads, well conditioned yearlings. $14,500-15.25; western frassers, fainy active, steady; largely 7.500 9 to the *rade: country demand stoekers and feeders s’ow quality yearlings in best demand: she stock and vealers steady: hulk laP-r. $18.50 0 14: bulls strong. 10c up. Sheep—Receipt*. 18.600; market fat lambs o iencd slow; few ear].v sale. weak. 25e lower: few curs medium to good weights. $14.75: eari.v sales natives mostly $14,500 14.75: few loads to dly butchers. $l5O 15.25: fat sheep and better grade feeding lambs, steady: -hone 1 ght feeders $15.85; fat native ewes, mostly $6.50 41 7..i0: heavy offerings 506. Hogs —Receipts. 17,000; market, slow, ear-y sales steady, later bids 10c lower: top. $13.55: hulk. sl2 10® 13.30 heavyweights. .812.75 0 13.35: mediumw eights. 813.10® 13.55: lightweights. 812.160 13.55; light lights $11.60® 13.10: packing sows, $11012.10; slaughter pigs. sl2 ® 13. CINCINNATI. Repi. 22.—Cattle—Receipts, 600; market. steady, shipping steers, good to choice. $9.50® 12.25. Calves—Market, steady: good to choi.-e, $l3O 13. Hogs—Receipts. 1 440 mar ket. slow: pood to choice [lackers and butchers. $13.75013.85. Sheep—U" re:pts, 700: market, steady . good .to choice. SOO 6.50. Lamb-—Market. Steady: good to choice. $15.50® 16. BAST BUFFALO. Sent. 22.—Cattle — Receipts. 150; market, fairly active to steady slipping steer? S9O 12.50: butcher grades s6..io® 9 50" cows. s3® 6.50. Calves—Receipts, 400: market, slow to 50c to $1 off: cull to choice 83® 14.50 Sheep and lambs-—Receipts. 1.200: market. active and steady; cbo-c- lambs. sls 015.50; cull to fair. SOO 14: vearlincs. SBO 12: -beep. $3.50 00. Hogs—Receipts 2.000 market, active to 400 70c up; Yorkers $14014.25: pigs. sl4® 14.2-5. mixed. $14.15 0 14.2a: heavies $13.50014; roughs. $11011.50: stags, $7 0 9. CLEVELAND. Sept. 22—Hogs—Re ceipts. 1.500; market, steady to loc low er: Yorkers $13.900 14: mixed. $13.90: meebums. $13.75: pics. $13.25: roughs. $11.25 stags $7.25. Cattle—Receipts. 200. market, steady; good to choice bulls. S6O 7: good to otwyee slteers. $8 010: goo dto choice heifers. S9O 11: good to choice cows SSO 6: fair to good cows $4: common cows. $204: milchers. SSOOIOO Sheep and lambs—Receipts. 1 600: market. 25c up; top. $15.75. Calves—Receipts. 300: market, slow; top. $15.50. PITTSBURGH, Sept. 22.—Cattle—Receipts. light: market, active. IOMISe tip: choice. SIOO 10.50: goo>l. $0.50010: fair. $0.2507.75; veal calves— SI 1(a 15.00. Sheep and lambs—Reixipts. light; mraket, steady: prime weathers. $808.50: good. $7.250 7.75: fair mixed. $5.500 6.50. lambs, sll® 15.50. Hogs—Receipts. 8-DD; market, steady; prime ht-aw. $13,750 13.80: mediums. $14.20® 14.25: light vorkers, $14.200 14.50: pigs. $14.201" 14.75; roughs, $10.50011: stags. $6.50® 7.50. EAST ST. LOUIS. Sept. 22.—Cattle— Re'j-ipts. 7,000; market. lower: native steers. $7.500 11: yearling heifers. $5.50 0 11- cows. $4.25® 5.50; . anners and cutters. $2 7503 75: calves, $13.50: Stockers and feeders $5,500 6.50. Hogs—Receipts. 12.500: market, slow heavies. $12.60® 13.35: mediums. $13.20® 13.55; light. sl3 10013.55 light lights. $12.75® 13.70; packing sows. sllO 11.90: jugs. $12.50013.40; bulk. $13.35® 13.70. Sheep—Rei'-eipts. 2.000: market, weak: ewes $5 0 7.70: cannerx and cutters. $1 0 3.60; woolcd lambs. sl3 0 15. ”OLEDO. Sept. 22.—Hogs—Re<-eipts—--30o: market, steady: heavies. $l3O 13.25; mediums, $13.80 01.1.75: yorkers. $13.75 01.1.85: good pigs. $l3O 13.25. Calves—market, steady. Sheep and lambs—Market. steady. Retail Fish Prices Whitefish 35c: Mackinaw trout 35 c; rellow pike. 35c: No. 1 talmon. 35c: blue oike. 25c: perch. 30c: Columbia River lalmon steaks. 35c: halibut steaks. 40c: baby whitefish 30c: boneless herring. 30c: boneless baby whitefish 35c: red snappers 40e: snanper throats 40e: white bass 30c: black bass. 40c: mackerel 40e: Boston mackerel 3oc: white oerch. 15e: river earn 15c: lake mullets 15e: dressed catfbh. 36c: smoked whitefish. 35c smoked lunch herring 4 <:•: smoked kinprred sal ■non. 60c: smoked chinook salmon. 60e: bone out codfish 40c oysters 40® 50c pint- fi'lcts haddock 40c: Dbstcrs. 90c: eia.ns 4<)@sor dozen- nelled shrimp 50c nfm BI S DRIVER ARRESTED Bv t ii it id P'ess ANDERSON. Ind., Sept. 22. Roscoe Cravens, bus driver for Hoosier Stage Lines, Inc., was arrested here by Sheriff Daniels while operating the bus at fifty-two miles an hour. It was Craven’s second offense on speeding charges.
SCHOOL HELPS
Copyright, Compton's Pictured Encyclopedia Feature Service
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View of coal mine tipple used for moving coal from the mine to railmad cars. Inset shows miner at work
~~~ T THE close of George XVashJngton’s life, the world was ■ ■ using less than a bushel of coal and three pounds of iron a year for each inhabitant. Just before the World War of 1924-18, every human being, weather South Sea Cannibal or American business man, could claim four-fifths of a ton of coal and nearly ninety pounds of iron as his share of the world’s annual output. This increase measures the progress we have made since the days of the stagecoach and the spinning-wheel. In the United States, coal stands next to the soil in the list of national resources. The United States has more than one-half of the known coal of the world, and if the coal taken from its mines in one year were put into one continuous pila< it would erect a wall as huge as the wall of China around the entire boundary of the country—north, south, east and west—and the power
$29,700,000 Government of the Argentine Nation EXTERNAL SINKING FUND 6% GOLD BONDS ISSUE OF OCTOBER 1, 1925 Interest Payable April 1 and October I. Due October 1, 1959. Dated October 1, 1925. Redeemable through the operation of accumulative sinking fund of 1% per annum, calculated to be sufficient to retire the bonds of this issue at par not later than October l, 1959. _____ • Coupon bonds in denominations of S I,OOO and SSOO registerable as to principal only. Principal and interest payable in United States gold coin of the present standard of weight and fineness in New York City at the office either of J. P. Morgan & Cos., or of the National City Bank of New York, fiscal agents for the bonds of the issue of October 1, 1925, without deduction for any Argentine taxes, present or future. The following statement (in which all figures originally stated in Argentine currency have been converted into l nited States dollars at par of exchange for the gold peso .or paper peso, as the case may be) has been authorized by Doctor Honorio Pueyrrcdon, ambassador of the government of the Argentine nation at Washington, D. C. OBLIGATION These bonds arc. to be direct external obligations of the Argentine government. The government will covenant that if, while any of these bonds remain in outstanding, if shall create or issue or guarantee in accordance with the Argentine constitution, any loan or bonds secured by lien on any of its revenues or assets, the bonds of this issue shall be secured equally and ratably with such other loan or bonds or such guaranty. PURPOSE The proceeds of the issue will be used to repay floating debt of the Argentine government as provided for by laws 11£06 and 11!07, which govern this issue. This issue of bonds will substantially complete the amount authorised to be issued under such laivs. SINKING FOND oovernment will covenant to pay to the fiscal agents as a sinking fund, beginning April l, 19!6, and thereafter semi-annually on October 1 and April 1, in each year, an amount equal to ont half of 1% of the maximum principal amount of bonds of the issue of October 1, 1925 af any time theretofore issued plus an amount equal to the accrued and unpaid interest on all bonds previously acquired through the operation of the sinktng fund, such sinking fund payments (which may be increased by the executive power if considered advisable) are to be applied to the purchase of bonds below par through tenders, or, if not so obtainable, to the redemption of bonds, called by lot. at par. The total debt of the Argentine government as of June SO, 19t5, amounted to about $979,000,000, or tfle equivalent of about $97 per capita, as compared with the national wealth, according to the UKIST U ASSETS census of 1914 (the latest official figures) of $14,540,000,000, or more than $1,450 per capita. Gov-ernment-owned properties (including revenue producing inrcsfmenfj of $530,000,000) had a total value in 1914, according to the same census, of $1,125,000,000, or about $146,000,000 more than the total government debt now outstanding. A gold reserve of $463,000,000 is held against the note circulation (equivalent to $588,000,000) toGOLD RESERVE au j tinp in a reserve ratio of over 78%. e Argentina has an area considerably greater than that part of the United States east of the MisGENF.RAJL sissippi river, and has an estimated population of KLOOO.OOO persons. Agriculture and live stock raising are the principal occupations of the counitry, which is one of the world’s chief exporters of cereals, meat, hides, wool and linseed. The foreign trade of Argentina is greater than that of any other iAitin-American country. During the past few years Us purchases from the United States have been larger than the combined purchases of the three next largest South American customers of the United States. The Argentine’s merchandise exports in 1924 were valued at $976,000,000, to imports at $800,000,000, resulting in a favorable trade balance of over $175,000,000. The improving Argentine trade balance during the past eighteen rr.nths. has resulted in a steady rise in value of the Argentine paper peso, which is now quoted in Xew York at about 95% of par. Measures have recently been takem to prepare the way for a complete restoration of the gold standard which existed in the Argentine prior to 1911. Application id to be made to list the above bonds on the Xew York Stock Exchange. THE ABOVE BONDS ARE OFFERED FOR SUBSCRIPTION, SUBJECT TO THE CONDITIONS STATED BELOW, AT 96y 2 % AND ACCRUED INTEREST, TO YIELD ABOUT 6.25 % TO MATURITY. Subscription books will be opened at the office of J. P. Morgan & Cos., at 10 o’clock a. m., Tuesday, September 22, 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. All subscriptions will be received subject to the issue and delivery to us of the bonds as planned. The amounts due on allotments will be payable at the office of J. P. Morgan & Cos., in New York funds to their order, and the date of payment (on or about October 5, 1925),.wi1l be stated in the notices of allotment. Temporary bonds or interim receipts, exchangeable for definitive bonds when prepared, are to be delivered. - <r J. P. MORGAN & CO. THE NATIONAL CITY COMPANY Sno Tort, Siptmfor 39, 1933
C 0 A L —The Power O That Makes Wheels of Industry Go Around.
stored in this coal could lift such a wall 200 miles in the air. The substance of coal was alive millions of years ago in the form of vegetation growing in swampy places like the peat-bogs of the present day. As the vegetation died it fell into the mire and water, where it did not decay as it would have done in the open air. but underwent chemical changes. The first series of changes resulted in its transformation into peat. After the accumulation of considerable beds of vegetable matter in the swamps, the surface of the land sank and these peatbogs became the bottom of seas and lakes. Then sediment, such as sand and mud, was deposited over the ✓accumulated vegetable matter. Thus buried, the vegetable matter was still more completely shut off from the air and underwent further chemical changes. At the same time the weight of the sediment
compressed the deposits into more and more compact form. Asa result of the chemical changes and the compression, the vegetable matter was gradually brought to the condition of coal. Some fifty years before Columbus discovered America an Italian scholar who later became Pope Pius II was sent upon a diplomatic mission to England and Scotland. He observed that the people from these countries dug from the ground a “sulphurous stone” which they used for fuel. This Is one of the first authentic records of the use of coal, although it had undoubtedly been used as a household convenience long before that time. It did not become an important national resource, even in England, until the middle of the eighteenth century, when the beginning of the age of machinery. Coal-mining then developed as an industry. The value of coal extends far beyond its use as fuel. Illuminating gas, coke, and cial-tar are produced from it; and out of coal-tar thousands ol’ chemicals are manufactured —valuable medicines, explosives, fertilizers, and, most surprising of all, the hundreds of bright colored dyes used to color our garments, household draperies, and Easter eggs. AUTO UPSETS IN CRASH Xoblesville Woman Slated on Two Charges. William Burns. CB. of 3033 Boulevard PI., suffered a sprained shoulder today fhen a car driven by his son, Albert Burns, was struck by another auto at Capitol Ave. and Thirtieth St. The Burns car overturned. Mrs. Lavone Jackson, 40, Noblesville, Ind., driver of the other car, was charged with assault and battery and reckness driving. YOKE TO MAKE RACE Charles R. Yoke, president of the Indianapolis school board, has consented to become a candidate for reelection, it was announced today by Henry L. Dithmer, chairman of the citizen's school committee. The eommltte recently Indorsed Yoke, although he had refused to become a candidate.
SCHOOL OFFICE SOUGHT WilKam E. Gibson Files Notice of. Candidacy. William E. Gibson. 717 Congress Ave„ today filed a petition with the city controller us candidate for school commissioner. Gibson said his slogans will be “More Schools and Less Crime" and "A School for Every Community.” Gibson is secretary of the Commonwealth Coal Company, and auditor of the Pan Handle Coal Com-, pany. He was formerly chief clerk of Probate Court. He Is married and has three children. , CASE IS CONTINUED Judge to Hear Amended Complaint on Sewer I.aler. Judge Sidney S. Miller of Superior Court Three today continued the case of Francis A. Wilhelm of Beech Grove, who filed an amended complaint against the city of Indianapolis for an injunction restraining the city from assessing him for the Bean Creek and Pleasant Run sewage system. Wilhelm alleged he is illegally assessed since he resides within Beech Grove. Hearing on an appeal from assessments against more than 200 persons for the sewer is scheduled for Monday in Circuit Court. RECEIVER IS DENIED Judge Pro Tern. Joseph M. Milner of Superior Court Five today denied the appointment of a receiver for D. C. Blacker, operator of several chile parlors and canning plant. Petition for receiver was filed by the Indianapolis Fancy Grocery Company. Judge Milner said there was not sufficient evidence to warrant court action.
The INDIANA TRUST CO. FOR SAVINGS SURPLUS $2,000,000 Open Saturday Evening*. 0 to 8 O'Cloek.
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