Richmond Palladium (Daily), Volume 46, Number 159, 16 May 1921 — Page 10
PAGE TEN
4 THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND, IND., MONDAY, MAY 16, ,1921.
Markets
.. , OR ATN PRICES
IIPflltnM R . Ml WAr5N M I.I 1
212 Union National Bank
guiiaina. - CHICAGO, May 16. TBe grain markets are sustained by May wheat,
:UIB T CI J BUiau f IBIUIO KJL ix 1UI1I1VUO! an KnmA kind rtf whsnt fnmer bv the
' Canadian farmers. ' Oats are cheap. Oats crop news is better and winter
wheat crop news is good. Part of the'
Canadian wheat start looks late but
- Alberta with near 25 per cent of the
acreage looks very good. Locals show no interest in. July. wheat near $1.20. Markets entirely a May wheat affair. Winnepeg May wheat at $1.84 looks 20 cents too high. A .Monday bulge may mean a moderate Tuesday break. RANGE OF FUTURES Furnished by E. W. WAGNER 6 CO., .212 Union National Bank Building. CHICAGO. May 16. Following Is
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of trade today: Open High Low Close Wheat. May ....1.43 1.48 1-43 1.46U July ....1.151,3 1.16 114 1.151s Rye May ....1.37 1.39 137 1.39 Corn .May 60 .60 .59s .59 July 62 3 .63U -61 614 - Oats May .36 .3774 .36 .36 July 39U .39 .387 .39 Pork May . ..17.00 17.00 Lard May . .. 9.72 9.40 Ribs May ... 9.90 9.77 . . (By Associated Press) CHICAGO. May 16 Wheat No. 2
shippers, $8.008.50; good to choice butchers, $8.00(3)8.50: fair to medium butchers, $7.008.00; good to fat cows, $5.506.00; bologna bulls, $5.005.50; butcher bulls, $5.506.0O; bologna cows, $2.00(5)3.50; calves, $8.50. Sheep Market steady; $3.004.00. Lambs $7.009.00.
No.
red, $1.54; No. 2 hard. $1.55Vi Corn No. 2 mixed, 6161U:
2 yellow. 61 Vfe 61. ,. Oats Mo. .2 white. 38391i; No. 3 white. 38 38. .Pork Nominal. Lard $9.40. Ribs $D.25 10.25.
, , . By Associated Press) TOLEDO. O.. Mav 16. Cloverfeed Prime cash. $13.75; October, $10.10; November, $10.00. Alsike Pribc cash, $13.50; August, $11.50; October, $10.10. Timothy Prime cash, 1920, $3.15; 191S, $3.05; 1919, $3.10; May, $3.15; September, $3.45; October, $3.35.
(By Associated Press CINCINNATI. O.. May 16 WheatNo. 2 red. $1.611.63; No. 3 red. $1.59 fa' 1.61: other grades as to quality, $1.52 1.53. Corn No. 2 white. 5656c; No. .3 white, 6465Va; No. 4 white, 63 64c; No. 2 yellow. . 6565V2c; No. 3 yellow, 63644c; No. 4 yellow, 62 63c; No. 2 mixed, 6364c. Oats Higher. 4143e. Hay Firm, $14.50 22.00. Rye Firm. $1.42 1.43.
9 00
(By Associated Press) EAST BUFFALO, May 16. Cattle 2,500; cows, slow, lower; butchers, 15c 2ac higher; shipping steers, $8.25 9.30: butchers, $8.25 8.75; yearlings, $8.50 S. 50; heifers, $5.50 S.50; cows, ?2.257; bulls, $4.506.75; stockers and feeders, $5. 25 fa 7.50; fresh cows and springers, $60$130; cows, 3,400; 50c lower, $5 $10. Hogs 16,000; 1015c lower; heavy, $9 9.25; mixed, $9.509.60; yorkers, $9.50 9.60; light ditto and pigs, $9.75; rousrhs, $7.25 (ft) 7.50: Ptags, $4.50??6.. Sheep and Lambs 7.400: wethers, 5c higher; ewes and mixed sheep 50c higher; lambs, $512.25; yearlings, $7 10; wethers, $8.25 S.50; ewes, $2 8; mixed sheep, $S8.25.
ens, 35c lb.; ducks, 12c lb.; geese, 12 cents lb. Eggs Fresh, paying 20c dozen. Butter Creamery, paying 26c lb.
(By Associated Press) 1 CHICAGO, May 16. Butter market Lower; creamery firsts 29. s Eggs Receipts 26.230 cases; market unchanged; lowest 18 19; firsts, 21 21. Live Poultry Market lower; fowls, 29c; broilers 4045c. Potatoes Receipts 102 cars; old, weak; northern white sacked and bulk 90c $1.05 cwt. ; new, weak; Louisiana round whites sacked, $3.25 cwt; Texas Triumphs sacked $44.25 cwt.
(By Associated Press) CINCINNATI, O., May 16. ButterWhole milk creamery, extra. 33c. Eggs Prime firsts, 22c; firsts, 20c: seconds. 19c. Poultry Springers, 2740c; hens, 27fa28c; turkeys, 35c.
1 (By Associated Press) CINCINNATI, May 16. ReceiptsCattle, 1,900; hogs, 9,000: sheep, 1.400. Cattle Market slow and weak, steady to 1525c lower; butcher steers, good to choice, $8.509; fair to good, $7.50 8.50; common to fair, $5.507.50; heifers, good to choice, $89.25; fair to good. $78; common to fair. $47. Cows Good to choice, $5.50 6.50; fair to good. $4.75 5.50; common to fair, $3.50 4.50; canners, $2 3; stock steers, $68: stock heifers, $56; stock cows, $45. Bulls Steady; bologna, $5.256; fat bulls, $66.50. Milch Cows Calves, 50c lower; fair to good, $7.50 9.25; common and large $57.50.
Hogs Active, steady to 109 -oc j Bethlehem Steel, B. lower: market lower; heavies, $8.50 1 Central leather ...
S.90; good to choice packet-3 and Chesapeake & Ohio
LIBERTY BONDS (By Associated Frss) NEW YORK, May 16 Final prices on Liberty bonds today were: 3 1-2 $8S.2S First 4 bid 87.50 Second 4 87.30 First 4 1-4 87.62 Second 4 1-4 87.36 Third 4 1-4 90.72 Fourth 4 1-4 87.40 Victory 3 3-4 97.94 Victory 4 3-4 97.90
FRUIT and VEGETABLES
Tomatoes, 20c lb.: leaf lettuce. 30c
lb.; head lettuce, 40c lb.; onions, 5c lb; Bermuda onions, 10c lb.: parsley, 15 cents a bunch; garlic, 50 cents lb.-; new cabbage, 10c lb; sweet potatoes, 10 cents lb.; green maneoes. 8 cents; cucumbers, lb and 25c each; turnips, 10c lb.: carrots. 8 cents lb.. 2 lbs. for 15 cents: new carrots. 10c bunch; celery, 20c bunch: Brussel sprouts,50c cents bunch; Brussel surouts, 60 cents quart; radishes. 5 cents per bunch; beets, 15c bunch, 2 for 25c; artichoKes 35c each; green beans, 30c lb.; wax beans, 35c lb.; asparagus, 10c bunch; new corn, 10c each; green peas, 30c lb.; strawberries, 35c qt.; rhubarb, 5 cents bunch; pineapples, 35 50c each; new peaches, 20c lb. HRODUCE BUYING Country butter, 28 cents lb.; eggs, 20 cents a dozen; chickens, 24 cents a pound. FRUITS Bananas, 12 cents pound; lemons, 30 cents dozen; oranges. 29 cents doz.; Navel oranges, 60 cents doz.; grapefruit, 10 and 15c; cocoanuts, 20c each; strawberries, 3035c qt.; English walnuts, 45 and 55 cents lb.; chestnuts, 50 cents lb.; pineapples, 35c each; apples, 5 to 10c lb.: $1.25 to $3 bushel; tangerines, 50c dozen.
The Farm and The Farmer By William R. Sanborn
George Williams, M. C. from Illinois, has introduced a bill in congress which puts definitely the supervision of stock yards and packing firms under the direction of the secretary of agriculture. The farm organizations are backing the bill. The bill arranges
for publicity of accounting and gives
the courts power to enforce its pro-1 suits not by means of any magical
ette. An average crop of rye is indicated. U. S. Grain Growers, Inc. The U. S. Grain Growers, Inc. has just issued a revised edition of the articles of incorporation, "by-laws, contracts, officers and department organization. A booklet for popular distribution is now on the press. William G. Eckhardt has resigned as director of the Grain Marketing Department of the Illinois Agricultural association in order to devote all his time to the U. S. Grain Growers organization committee, of which he is chairman.
Co-operative marketing produces re-
LOCAL GRAIN MARKET Richmond flour mills are paying $1.35 for No. 2.
NEW YORK STOCKS (By Associated Prees) NEW YORK. May 16. American Can Am. Smelting Anaconda Atchison Baldwin Locomotive
LIVE STOCK PRICES (By Associated Press) IX DIANA POMS. May 16. Hogs Re-f-Hpts, 5.000; higher. Cattle Receipts i(0. steady. Calves Receipts, 400; hljher. Sheep Receipts 100; higher. Hobs.
Top prifc ? 3 10 Most sales, all weights . . S 75
1 -! assorted. ISO to Zj lbs 8 9l"9' 9 10 Mk -I and aefcorted,. 225 to jr.O lbs S 65 (H S 7 5 M'f-d Hnd assorted, 275. lbs. up 8 J5(g) 8 50 I Imvk pigs, under 140 lbs S 50 (fr 8 75 i hor good pigs largelv.. S 25 fa 8 50
Sows urcorrling to quality 6 00 'ft i :0 Most good tiown I 75ftl' 7 00 Sales in trui-k markrt 50tH D -5 neavy hogs a year nio 15 75 r.. lip-ht pigs car ago.. 15 7 5 . Most slca of hogs', year n;o 15 504fl3 75 Cuttle. KU..LING STKERS finn- t,o choice. t,260 lbs. up S 50' 9 00 ' iu in lo medium. 1.250 lbs. ur S 00' S 50
. t. oliilirrv 1.100 to I
v- l.'OO lbs 7 50 rg 8 00 '" i t medium. l.lOtf to 1,-00 lb 7 2o 8 00 Goi to choice. 950 to 1.05(i lbs S 00'a S 75 1.050 lb.s. 7 !10'jfi 7 75 1,050 lbs 6 75 ip 1 76 tJo'xi to bot-t under 'JOO lbs 7 50' S 00 medium. under 900 lbs H 503 7 25 'ood to best j carlings .. 8 0u53 8 50 .1 r ks,Kli Ocod .to best ............ 7 25'g 8 00 ''.i.minuii to medium. S00 lbs. 6 75 Q; 7 25 Oiood to best under $00
lbs 8 00 to medium, under 800 lbs 5 505j) i ' (v t ' Good to best. 1.050 lbs. up 6 25Q)
. muii u medium. J.Oou lbs. up 5 00 t(L 6 00 1 i to yiioite, under 1,050 lbs 5 50 6 00 n to medium, under
t.UJU IDS 4 iarW Poor .to. good cutters .... :i udrrv Poor to good i-anners ... 1' 00 . l.i..iooi to best. 1.300 lbs. up 6 00($ . -n lo I'noice- under 1.3U0 Ibf 5 00 (Jj) l'ir to medium, under 1,300 lbs 1 00Ji;
Common to good bologna 4 00
u.L.v t.s 0 'n.i to choice veals, under 200 lbs 9 OO'IO 00 ....t. uto to medium veals, under 200 lbs 7 50; S 50 . (ii .'1 to choice heavy i alves 7 00 0 00 1 no-i to medium heavy calves 6 50 7 50 jSTOOKERS &. FEEDING CAl'l'LE Good to choice steers, S00 lbs. and up 7 00 7 SO tv -uhoiv to lair steers. 800 lbs. up 6 o0 7 00 Good to choice steers, under 800 lbs 6 75 7 25 Cc .imon to fair steers, under 800 lbs 6 00 6 50 Medium to good heifers.. 5 00 6 2$ Medium to good cows .. 4 25 5 25 . ... K calves, 250 to 400 lbs 6 00 7 00 IVnttve Sheep and Lambs. Good to choice light sheepf 4 00 5 00 nood to choice heavy sheep . 3 00 4 00 ; rWimoii to medium sheep 1 OQyi a 60 Selected hardy weight . iambs 8 50 9 00 Other good light lambs .. 8 00 8 50 Hearv lambs 6 00 7 50 Vprlng lambs 10 00 12 00 Bucks. 100 lbs 2 00 3 00 Common to medium Iambs 6 00 7 50 DAYTON MARKET Home Phone, 81235. Corrected by McLean & Company, Dayton, O. Bell Phone, East 28. DAYTON, O.. May 16. Hogs Receipts, five cars; market, higher; choice heavies, $9.00; butchers and pack ers, $S.00; heavy Yorkers, $9.00; light Yorkers, $9.00; choice fat sows, $6.607.00; common to fair, $5.50(g6; pigs, $8.509.00; stags, $4.505.00. Cattle Market lower; fair to good
butchers, $8.90; medinm. $8.90: stags,!
$45; common to choice heavy rat sows, $67.25; light shippers, $9.25; pigs110 lbs. and less. $79.25. Sheep Steady, $5.50(G.5O; fair to good, $45.50; common to fair, $23; bucks, $25; lambs, active and higher; good to choice, $14 14.50; seconds, $1011.50; fair to good, $12 14; common to fair, $8 10.
Close. 29 -i. - 42 . 42 . n; . 60 . 40V4
LOCAL QUOTATIONS (Furnished by Whelan) BUYING Oats, 32c; rye. $1.00; corn, 50c;
straw, $8 per ton.
SELLING
Cottonseed meal. ton. $43.50:
visions. In a bill fathered by Senator Capper and Congressman Volstead, the secretary of agriculture is given the power of determining if the various co-operative associations, the U. S. Grain Growers, Inc., etc., monopolize or work in restraint of trade. Sixth District Wheat Prospects G. C. Bryant, agricultural reported for Indiana, gives the abandoned winter wheat acreage on May 1 at three per cent, leaving 1.894,000 acres for harvest, against 1,950.000 last, year and 2.800,000 in May 1919. The crop promises approximately 33,000,000 bushels. The condition of the wheat in Wayne county is given at SO, with the percentage of acreage, compared with last year, put at 101. Union county's condition is placed at 78. the lowest in the eight counties comprising the Sixth district. Both Randolph and Blackford are given percentages of
89; Jay 87, Henry 95, Delaware 84 and
per
j Fayette county 82 per cent. Union
cwt., $2.25. Oil meal, per ton. $48.00; i
has three per cent larger wheat acre-
? "ureu " Z?t' ! The promise is for bountiful crops ?er cnt- ?5S00 "L i Th of hay in all above counties. The $3 00. Bran per ton $30.00; J coudMoQ in Delaware ls glven at 92
vvvi. fi.uu. uai 1 1 1 sail) po.uuB uuudlings. $32.00 per ton; $1.75 per cwt.; Red Dog or White Middlings, $38.00; $2.00 cwt.
i age this year than in 1920.
(By Associated Press) PITTSBURGH, Pa.. May 16. Hogs Receipts 7.500: market steady;
heavies $9: heavy Yorkers, hgnt l orK-, studebaker 79Vs
C. R. I. & Pacific . . 32 Chino Copper 2."i Crucible Steel 73 Cuba Cane Sugar lfi3i General Motors , Goodrich Tires 39 Mexican Petroleum .149U New York Central 72 Pennsylvania 34 Reading 72 Republic Iron and Steel 59 Sinclair Oil 26 Southern Pacific "GVz
REALTY TRANSFERS. Otta A. Lauch to Howard Brumier, $1. Lot 57 Schwcgmans addition to city. Dicklns-on Trus-t Co., to Eliza A. Haner, $1. Lot SI Jenkins addition, city. Irvin D. Koontz to John T. Burdsall, $1. Lot 29, C. W. Starr's addition city.
power but by applying united effort and good business to common problems. This fact points to the importance of observing carefully the requirements for success. Committee of Fifteen To Meet" The next session of the Farmers' Live Stock Marketing committee of
fifteen will be held at the LaSalle hotel, Chicago, on May 25. Reports will be made by the sub-committees on co-operative marketing, orderly marketing, central markets, and transportation. The committee is anxious to receive suggestions from producers on any phase of live stock marketing. Suggestions should be sent to Secretary H. W. Mumford, Transportation Building, Chicago.
Manufacturers Open 26th Annual Conclave
NEW YORK, May 16. Manufacturers from all sections of the country were here today for the opening of the twenty-sixth annual convention of the National Association of Manufacturers. A conference on w-orld trade, to be attended by the accredited diplomatic and consular representatives of many nations, is a feature of the as-
while In Union county the condition sembly. which will hold sessions un-
was 105 on May 1. and 110 in Fay-1 til Wednesday.
HOG RECEIPTS HEAVY, PRICE STEADY, REPORT FROM GLEN MILLER
Glen Mifter receipts for the past week were: Hogs. 281, weight 55,045 pounds, price $4,509; cattle, 23, price $1,411; veal calves, 55; price, $752, ($7 to $8 per 100). The market was steady all week. The best light hogs of 160 to 180 pounds sold Saturday at $S.50; ISO to 200 pounds. $8.25; heavy hogs, $7 to $7.50; sows, $5.50 to $6; stags, $1. Cattle were steady. Some 1,300 pound cattle owned by Bland Downing of New Madison, 6old at $8. Cows brought $4 to $6; heifers, $5 to $7; bulls, $4 to $C; canners, $1.50 to $2.50; veals.
steady; top calves, SS.50. - Largest Delivery. The largest delivery was by Dan Lashley, of Boston, who had 79 hogs and 4 cattle, for which the price was $1,669. Mr. Lashley who raised his own stock, expressed himself pleased, saying he had made money on the lot. Farmers on the hog market were: John Burns, John Peterson of Boston, John Batcheler of Center. John Miller of Randolph county, Arthur Moore of Williamsburg, Leonard Hill of Lynn, Pat Murphy of Whitewater. Other feeders were: M. L. Simosoc, G. F. Gault, John Watt, Harry Shute, Nora Bamfill, Thomas Evans, William F.rk, William Flatley, Carl Toschlog, A. G. Rhyan. J. O. Bunger, Charles Ridenour, Erith Smelker. O. M. Jennings, Paul McPherson, Ira Burhman. Harvey Osborn. C. G. Harvey. Fred Hollingsworth, Guy Baxter, A. C. Miller, Scott Herd, Joe Pitman.
Geese and swans subsist largely or vegetable food.
Southern Railroad 21 j
ws and Dies. $9.40(&9.60.
Cattle Receipts 1,100; market higher: steer?. $9.259.50; heifers, $S.S0 $9.00; cows $6 7.50. Sheep and Lambs Receipts 500; market steady; top sheep $7.50; top lambs $11.50. higher. Calves Receipts 1,700; market lower: top $10.25.
3v Associated Press CHICAGO. May 16 Cattle Receipts 18,000; generally steady; top steers. $9.50 to Wisconsin butchers; packers. $9.40; bulk beef steers. $8.00 (A9.50; bulk fat she stock. $6.00 $7.50; bulls largely $5.506.25; veal calves mostly $8.00 9.00. Hogs Receipts 36.000; fairly active: largely 10c to 15c lower than Saturday's average; some heavy and
mixed off more; top $8.80; bulk, $S.15j
(g 8.70: pigs, 10c to 25c lower. Sheep Receipts 17,000; opened 25c higher; shorn lambs, top $11.75 to city butchers; bulk $11.00 11.50; no choice wooled lambs sold early; choice shorn ewes $7.50; averaging around 110 lbs.
Union Pacific 119
U. R. Rubber 73V U. S. Steel S3Vg
Utah Copper 5
LOCAL HAY MARKET Steady; No. 1 timothy, $16; clover, $14.00; heavy mixed, $14.00.
(By Associated Press) INDIANAPOLIS. May 16. Hayweak; No. 1 timothy, $18.50rd-19: No. 2 timothy, $1818.50; No. 1 clover. $1617.
BUTTER CHJOTATION3 The wholesale price for creamery butter is 35 cents a pound. Butter fats delivered in. Richmond bring 30 rente a round.
a oo 6 50 7 50
o i 4 50 3 00 7 00
5 00 4 50
PRODUCE MARKET Ey Associated Press) INDIANAPOLIS. May 16. ButterFresh prints. 32 cents; extra 65 cents; packing stock, 12c. Eggs 1920c a doz. Fowls 22 25c; broilers, 12 to 2 pounds, 45 cents; roosters, ll12c; stags. 1314c; turkeys, 35c; old toms, 25030c; young toms, 2735c; capons. 3842c; hens, 2735c; squabs, 11 pounds to the dozen, $4.50; rabbits, $2.502.75 per dozen; spring ducks, 1520c; squabs, 1620c.
(The Joe Frank Company, 923 Xenia Avenue. Bell, East 2819. Home 3485.) DAYTON, May 16. Poultry, alive, paying: Old hens. 22c lb ; chickens, 22c lb.; roosters, 12c lb.; spring chick-
Briefs
All Knights of Columbus meet at club rooms at 7:15 this evening to view remains of Brother Daniel McManus. R. L Adams, Grand Knight ATTENTION MOOSE Lodge will meet at 7:30 tonight and we will attend funeral of Brother Dan McManus at close of meeting about 8 : 00 p. m. Geo. Sheffer, Dictator.
Mother Saved Her Baby From Skin Suffering by use of Sykes Comfort Powder Ashaway, R. I. "With a large family of children and 17 grand-
cnuaren i nave had a wide experience
and I want to tell .mothers that I 'have never found any powder that
would keep a "41 child's skin so free
from chafing.itching.scalding.rashes and all irritations and soreness as Sykes Comfort Powder. There is nothing like it to heal the skin "-Mrs. Charles A. Brown, Ashaway, ! The reason Sykes Comfort Powder Is so successful in such cases is because it contains six healing, antiseptic ingredients not found in ordinary talcums. For twenty years it has been used and endorsed by physicians and mothers, and nurses call it"A Healing Wonder."
SO WEAK SO NERVOUS How Miserable This Woman Was Until She Took Lydia E. Pinkham's Vegetable Compound
Toomsboro, Ga. "I suffered terribly with backache and headache all the time,
I was so weak and ner
vous I didn't know
what to do, and could notdomywork. My
trouble was deficient
and irregular periods. I read in the papers what Lydia E. Pinkham's Vegetable Compound had done for others and decided to give it a trial. I got good results from its use
so that I am now able to do my work. I recommend your Vegetable Compound to my friends who have troubles similar to mine and you may use these facta as a testimonial." Mrs. C.F. Phillips, Toomsboro, Ga. Weak, nervous women make unhappy homes, their condition irritates both husband and children. It has been said that nine-tenths of the nervous prostration, nervous despondency, "the blues, " irritability and backache arise from some displacement or derangement of a woman's system. Mrs. Phillips' letter clearly shows that no other remedy is so successful in overcoming this condition as Lydia E. Pinkham's Vegetable Compound. Advertisement.
rut m "a m
1 d
Sweet Potato Plants OMER G. WHELAN The Feed Man 31-33 S. 6th St. Phone 1679
All Kinds of
CLOVER SEEDS at lowest prices Dennis Implement Co. 15-17 S. 7th St.
BERTSCH SAYS.
WHY PAY MORE? Sterling Blend Coffee, 45c Lb. Try It Today Sterling Cash Grocery 1035 Main A. R. Bertsch. Prop.
LEE
SELLS GOOD TIRES
All Kinds and All Prices 8 S. 7th St. Open Evenings
Dr. J. A. Thomson
Dentist Murray Theater Building
5 Hours: 9-12, 1-5. 7-8; Sunday 9-12 J Phone 2930
J
Don't ask if we have Just ask for it. We have everything.
Id
We AM
1(D) Eada PdDlair Emivestedl toy Ann Emptoye
2453
RECENTLY the Standard Oil Company (Indiana) announced a plan under which it is possible for its 25,000 employes to become partners in the business on a very attractive basis. The publisher of a small newspaper, unacquainted with the motives which animate the seven men who direct the operation of the Standard Oil Company (Indiana), wrote an editorial in which he questioned the motives of this Company, and intimated that the plan was a scheme whereby the Company aimed to benefit by getting in this additional capital. To set right this publisher, and any one else interested, the Company deems it advisable to direct attention to two outstanding features of this plan which are illuminating in this instance. First, that to every dollar paid by trie employe for the purchase of stock, the the Company adds, as a gift, 50c. Second, that participation in the plan is not obligatory, and that in no case is an employe permitted to pay in more than twenty percent of his earnings. In formulating the employe partnership plan, the Board of Directors of the Standard Oil Company (Indiana) was inspired solely by the idea of benefiting those employes who wish, through systematic saving, to become partners in the business. It believes that the man who works and saves is climbing upward, but that the man who invests his savings wisely is climbing faster. It believes that the employe who has money invested in the business is freer of mind, more contented, and more productive than if this anchor to windward did not exist. The idea of employe ownership of industry is in line with modern tendencies. The Standard Oil Company (Indiana) has always been a progressive organization. Its willingness to receive new ideas has put it in the lead in the petroleum industry. The Standard Oil Company (Indiana) has developed an efficient, enthusiastic body of workers. Every employe, from trie Chairman of the Board of Directors to the man who drives the tank Wfon, is working steadfastly to serve th public to the best of his ability. It is he recognition of this fact that prompted the Board of Directors to inaugurate the plan which enables the employe whatever his position may be to become a partner a factor in the business. Standard Oil Company Indiana) 910 S. Michigan Ave., Chicago, III