Richmond Palladium (Daily), Volume 92, Number 13, 16 January 1922 — Page 2

PAGE TWO

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND, IND., MONDAY, JAN. 16, 1922.

HEAVY LIVE-STOCK RECEIPTS, PRICES ARE LOWER ON CATTLE

It we have any; doubt as to supply and demand having more effect upon the livestock markets, than any effort put forth by the packers to regulate prices, let us consider the receipts and action, of the market at the Chicago yards last week. Looking back to Saturday, Jan. 7, we find that selected light hogs made

a top of $8.75, also that choice pigs made a top of $8.85. On Saturday, the 14th, a few light bacon hogs and best pigs sold early as high as $8.10, but quickly dropped to $7.70 to $7.90. Again while the bulk of sales went at $7.50 to $8.60 on the 7th, the range dropped to $7.40 and $7.90 on Saturday, Jan. 14. To begin with, Chicago received more hogs on last Saturday, than on any Saturday In more than a year. The week's receipts were over 256.000, or about the same as in the third week of last January. This was 51.f)00 over the llyear average for last week. Livestock began piling in jast Monday, when 120,000 head or all Kinds came in, in a total of 2,254 cars. The net result of the heavy shipments for the week was an excess of 24,000 cattle and 104.00D hogs, compared with the .week ending Jan. 7. Hogs finished the week on the day's average price of $7.70, while that on cattle taking all classes, was but $7.13.

Effect of Liberal Receipts

TARIFF CONGRESS MEMBERS CALL ON HARDING

Left tn right: Rep. Samuel S. Arentz of Nevada; Rep. H. W. Wursbach of Texas; John H. Kirby of Texas, president of the congress; F. R, Gooding, Idaho, and Secretary James A. Arnold' of the congress. Members of the southern tariff I urging American valuation, re- I President John K. Kirby of the congress which has been holding cently called on President Hard- congress.' The visiting delegation sessions in Washington and is 1 ing at the White House, led by is shown at the White House.

AGRICULTURAL SCHOOL ENROLLMENT SLUMPS; INDIANA MARK LOWER

CHICAGO, 111., Jan. 16. An inquiry conducted by the Department of Information of the American Farm Bureau federation, into thet, agricultural college enrollment this year, shows a

i verv marked decrease in manv col

The effect of such liberal receipts j leges, running as high as 33 per cent

would have told still heavier on price

of hogs but for the demand from speculators, order buyers and shippers. The one bright spot, was an advance in the price of lambs and sheep, despite receipts of 88,000 head against 68.000 for the previous week. Sheep ruled "3 cent3 and lambs $1.15 higher than In the name week in 1921. The Indianapolis Range Receipts of live stock were fairly

for the total of all classes and, in the case of Illinois, to 75 per cent for the freshman class. Ohio, although not greatly decreased in the total, will have only two-thirds to three-fourths of last year's enroll

ment in the freshman class; and has for this year, 961 against a five year average, before our entry into the war,

of 1.015.

In Indiana, 606 freshmen are enroll

liberal at' Indianapolis last week andi ed. in engineering, and 157 in agricul

the drop in hogs was a full half dol

lar on the average run. The top of $9 Saturday, Jan. 7, gave place to a top of $8.50 on Saturday, the 14th. On the same date in 1921 hogs made a top of $10. The only points on the hog map where a price of $9 was made last Saturday was in the east, both Pittsburgh and East Buffalo touching that figure on Yorkers. The Grain Markets So far as the grain markets are concerned, there is no pronounced leadership at any point. There is little speculation, and almost none for the long pull, as in the palmy days of the old cliques and rings organized to carry the load and fight it to a finish. Europe Is buying sparingly for lack of cash, and Argentine is offering newcrop wheat at lower than American seaboard figures. Commenting on the situation, Charles D. Michaels, of Chicago, says:

"What the trade the world over needs is a restoration of confidence

and a reduction in taxation. The grain trade Is being taxed to death from a speculative standpoint." We believe Mr. Michaels, who Is a market authority, is correct in this. For that matter the whole country is being taxed to the limit, in some

form or other. But the Chicago Board of Trade Is fixing to protest at Washington and a committee will presently arrive in the capital to fight for a reduction in taxation. "With slow markets the speculator cannot continue to pay tax and exist, and he thinks it only fair that he should be granted some relief," said an oficial. Then and Now It is of interest to note that while Mav wheat made a high and low last week of $1.085i to $1.131,4, the range was $1.64 to $1.75 ',2 on the same date in 1921., May corn does not show so wide a spread, being 52c to SSTgC last week, against a high and low of 70 Vic to 73 ?s c last year. Qats are less than 10 cents under the May range in 1921, at the same date. Glen Miller Market The packers stayed out of the Chi

cago market last week, leaving the

shipper as the only outlet. With f.0,frt)0 to 63,000 receipts a day from Iowa and shippers the only buyers, there was a constant flow to the eastern markets, which are consequently loaded with hogs. Packers who are letting hogs go east from day to day, apparently are looking for lower prices. Pittsburg Quotations The Pittsburg markets today quote heavy hogs at $7.75 and lights at $8.75. The Glen Miller market paid Saturday, $8 for 140 to 200 pound hogs; 230

ture. The total agricultural college enrollment this year is 497 against 579 last year and a five year pre-war

average of 696. Deans of agricultural colleges explain the decrease by the falling off in agricultural prices which have made some families unable to meet the tuition fees and other costs, and to the agricultural depression having discouraged farm boys from choosing farming as a profession. The Missouri authorities explain, "It has been our experience for 30 years that whenever prices of agricultural products are low and farming not prosperous, there has been a tendency for students to register in law, medicine, or engineering." The Delaware college suggests the war as a stimulous to interest In engineering. Vermont and New York have had no decrease while Pennsylvania reports an increase in Interest. New Jersey has had no serious decreases, her specialized crops and nearby market having prevented agriculture in that state from suffering so much as elsewhere.

HENRY CORN PRINCE IS TOMAKE TOUR LAFAYETTE, Ind., Jam 16 Homer Crandall of Mt. Summit, Henry county is the junior corn champion of Indiana having won this honor for the second year in suceesion in the final placing of ribbons andawarding of prizes at the short course. Young Crandall not only had the highest yield, 148 bushels to the acre, but he had the best record and story of his work and samples of corn. He competed for state honors in the oneacre contest with four other boys. They were: Morris Warren of Kouts; John Snoeberger of Rockfield; Raymond Porter of Greensburg; Floyd

Wreatherholt of Rockport. These five boys and the girl club winners were to leave Monday on a five-day tour of Kentucky after visiting Governor McCray and member of the state board of agriculture. The trip is a rewrd for the good work.

352 FARM INSTITUTES

TO BE HELD IN OHIO IN WINTER MONTHS (By Associated Press COLUMBUS, Ohio, Jan. 16 Aiming toward a concentration of effort on the weak points of different communities, 352 farmer's institutes will be held

throughout the state during the winter

months according to F. Li. Alien, state leader of institutes.

and made a profit of $2.10. The packer slaughtered the calf and sold the offal and carcass with a net profit

of $1.92, while the retailer sold the meats and cleared only 53 cents. No cost for shipping, killing dressing or overhead charges were included in the compilation.

DOLAN INSPECTS WORK

County Agent J. L. Dolan left Monday for a short visit to Brookville, to inspect some work in Franklin county and consult with County Agent Beall of that county.

pounds and up, $7 to $7.50; sows, $5.50 to $6.50; calves, $5 to $9; lambs, $7 to $9, and sheep, $2 to $3. Receipts at the Glen Miller vard?

last week were: Hogs, 322; weight, 72.240 value, $5,562.55. Calves, 26; value. $410.65. Sellers at the yard3 last week Included: Rufus Newman, Howard Hartman. Benjamin Wolfe, Joe Pitman, J. L. Isley, Cora Mullin, John Bunch, H. H. Rinehart. L. L. Hunt, Bert Skinner, William Wesler. Walt. Farlow, Samuel Alexander, William Gregg, Robert Anderson, W. E. Morris, Samuel Drew, Ham Squires, Walter LaFuse, Frank Morgan, James Dishmer, Charles Itidenour, Frank Burg, Mrs. Bailey, S. G. Souder, Roy Kirkman, Arthur Weadick. H. H. Brown. Harvey Osborn, William Fleisch, Nora Druley, Morrl3

Black, O. M. Jennings, G. A. Sheley

and Son. A. R. Reynold. W. C. Boosh-

un, R. E. Chenoweth.

llifiiliMiniitiinftliUMliinMiitiiufiiiiiiMniiniiiiiMiHtiiTlliitnii'HMliiliiMiniiln I Special Sale on Cakes I Phone 1587 I

Ohio's rural population has made more progress with its problems of illiteracy in the last decade than have the cities and towns of the state, according to figures from the last census bulletin. Persons, 21 years of age or over, living in rural districts of the state unable to write in any language, regardless of ability to read, total 34,444, the figures show. In 1910, four and a tenth percent of the rural populations 21 years of age or over, were illiterate, while in 1920, only 2.8 percent of the population was in the same condition. Who gets the profit between producer and consumer? , Sixty students in a beef production class at Ohio State have set about to find the answer to that question, and have slaughtered several beeves in their efforts to determine it. The students are convinced, they said, that the comparatively high price

the consumer pays is not due to some one raking excess profits. Rather, they declare, it is caused by the cost off shipping, killing, dressing and retailing the meat out. j Members of the class were appoint- j ed to take the places of commission i man, packer and retailer. One of the calves which was slaughtered gave the following results: j

It was purchased at eight cents a pound and weighed 140 pounds. The commission sold the calf to a packer

Seventy-five percent of the lumber cut in forests is wasted, declares Professor Norman V. Scherer, Ohio State University. The United States, he asserts, must grow more and more wood to offset this loss; that less wood must be used, and that people be more saving in what is used. "Wo have made very little progress in planting up more acres to forest and as our wood consumption amounts to 300 board feet per capita annually, so that one of the most effective, yet little thought ways of making the wood supply last longer, is to waste less of it," Scherer said. Farm cropr raised in Orio last year

i dropped $144,000,000, in value com

pared to those of the preceding year and $327,000,000 compared to the crops of 1919. The production in 1921 amounted to $200,000,000, rated at prices on the farm. Valuation figures were announced today by J. C. West, federal crop reporter for the state. The apparently sensational difference between the value of 1921's crop, and that of the preceding two years, Is due, practically altogether, West declared, to the enormous drop in prices of farm products. In 1920, the farm crop value was estimated at $344,000,000 and in 1919, it was $527,000,000. Figures include

only products raised by farmers and not livestock. "In view of this tremendoffs drop in values, it is not strange that the Ohio farmer, along with the farmers of every other state have ceased buying." said West.

LONTZ WILL ATTEND CONVENTION TO BACK U. S. VALUATION PLAN

Manufacturers and producers In the United States have been invited to attend the convention of the American Valuation association in Washington, Jan. 30 and 31. Although called under the al spices of the National Association of Manufacturers the convention will be open to representatives from

all states in the Union of industries, firms, stores, farm organizations And labor associations who believe that the first step in the return of prosperity in the United States is the passage of the Fordney tariff bill with its provision to substitute American valuation fo rtbe present foreign valuation of imports subject to advalorem .duties. Backed by leading state manufactur

ers associations, scores of Chambers of Commerce, supported by tariff experts . and declared to be sound and practical by members of the United,! States tariff commission and the pre-j

siding judge of the United States court of customs appeals the movement in the United States in favor of American valuation in the tariff bill now before the senate finance committee has grown to such proportions that a national convention was found to be the only method of bringing together the thousands of organizations and firms which support the Fordney bill and v?ho wished to give expression in Washington of public sentiment which favors a tariff bill which will "keep the home stacks smoking." Dumping Ground. As a result of cheap foreign money and manufacturing costs the United States has been the dumping ground of Europe while four million men

have been out of work here

HEAD OF WORLD'S ZIONIST MOVEMENT

t . si'-,-' .

XSahun Sokolow.

Nahun Sokolow is president of the World's Zionist organization.: As such he presided at sessions of, the conference held by the organ-; ization in Washington, D. C re-: cently.

ness failure in America. In one day in New York one ship from Germany brought 10 million dollars worth of German articles which could and should have been made here, and which would have been made here had the Fordney tariff law bill been on the statute books.

WILLIAM STINGLEY, 66, (.

NEW MADISON, KILLED ' 1 BY FUMES OF AUTO 5

NEW MADISON, Ohio, Jan. 16. Funeral services for William Stingley, living three miles west of New Madison, who was found dead in his garage about 4 o'clock Friday afternoon by his wife, were held at 2 o'clock Monday afternoon. Mr. Stingley had gone out to the garage to test the batteries of his machine, and had started up his automobile, closing up the doors of the garage. He was overcome with the gas fumes from the machine and suffocated. ' His wife, who found the lifeless body, found the body with the knees on the running board of the machine and the body partly inside, and ir.

i seemed as if Mr. Stingley had attempt

ed to snut otf the machine, but had

tailed. Mr. Stingley was 66 years old and was very highly re.pected. He had been subject to attacks of asthma, and was not in the best of health. lie is survived by a widow, other relatives and a large circle of friends. He was a life long resident of Darke county.

Funeral services were held at the Palestine Universalist church, Rev. C. W. Hoeffer, officiating. Interment iu Palestine cemetery.

John M. Lontz, of this city, said Monday that he intends to attend this convention. A meeting of Richmond manufacturers held recently favored the proposed valuation plan. It is

Last I probable that several will en to Wash-

year there were more than 19,000 busi-l ington.

This

Is a ttldfMlFZX

YEAR

Prices Reduced Jan. 6 BROWER AUTO SALES CO. Studebaker Dealers 21-23 S. 7th St. Phone 6019

E52

Special Values in Men's and Boys' Furnishings LOEHR & KLUTE 725 Main St.

Safe fcr INFANTS ma INVALIDS ASK FOR

the Original

7d 0-&ZL3i MVU2X-W Avoid Imitations

1 nd Substitutes

ForInfknts,Invalid9 and GrowingCWldren Rlchmmc, malted grain extract In Powder The Original Food-Drink For All Ages iNo Cooking Nourishing - Dige.tifclo

Everyday Ad-Ventarcs

After you'vo noted the passing of the first half of January, "the month of financial recuperation." and you're fully recovered physically from the effects of the strenuous holiday season, but financially. Well, th9 house bank roll is growing so slowly that it has only a fifty-fifty chance of being an adult by Washington's Birthday But just the same you must buy some table covers, curtains and small rugs that are absolutely necessary to give the home its best mid winter appearance And you can't buy all of these articles unless there is a reduction sale somewhere, and you have no idea just where that "somewhere" is Until you look down the "Specials at the Stores" column in The Palladium. And That Changes Everything For you see there the very tablecloths, curtains and small rugs you want, offered at special prices which bring them within range of your pocketbook And all that remains for you to do is step out to the stores and buy. (Copyright 1921)

Why Karo is the Food for the Family With Many Children With Karo selling at even lower than pre-war prices, every- . body can use all they want of this delicious food-sweet

THERE is no better or more wholesome food for growing children than Karo the great American Syrup. Where the mother has to feed a big family with the healthy appetites that boys and girls all have Karo is one of the most economical energy foods you can serve. Thousands of mothers are now finding they can cut down greatly on their butter bill when they serve Karo. And it's perfectly delicious on cakes, toast, hot biscuits, or as a satisfying spread on bread. Go to your grocer today, and tell him you want some Karo in time for supper tonight. See what the children will say about it.

T'DTT Beautifully il- " XvIV r J lustratedCorn Products Cook Book of sixtyfour pages. Write Com Products Refining Company, Department A, Argo, Illinois.

CORN PRODUCTS SALES CO. G. H. Gamman, Manager 712 Merchants Bank Building, Indianapolis, Ind.

CLOVER LEAF GROCERY 603 Main

4MltlHttllllMIIMIIIHIIItMli:f;'!tlilMMItttlllHniIHtliltlllHlllltntltUlllll!IH

Lid

fwNaii!"!i!iii:i:i!mHinim!!uiiiir

nfa ii

L .T4w fW- ' Uft -t. ,W1F n ' im

fiisisiilf ii T1)Ia j J I Improves ea Corn til's famous No. 5 j i 9 formula hs dried butter milk, for j j J R example. Instead of skim milk. cWing j i i U valuable lactic acid. j R Raise chicks more chicks than ever j i H before, Dixie Chick Mash and Dixie jj 1 Chick Feed will help you do it of a C I profit. Ask for Blue Shield Bass. I Feeding directions in every bag. ', I DIXIE MILLS CO. I . East St. Louis, III. si j

111

The one thing that will add to the beauty and attractiveness of your home is artistic, well-chosen furniture. These illustrations will serve to show you what great reductions and values are being offered during this sale.

Jaiiiiary Clearance

The thoughts of the family turn to the living-at-home-again period. Brighten the home with these values during the NEW LOW PRICE REDUCTION EVENT.

Queen Anne BUFFET

A BIG VALUE $9.75

Cedar Chests

Roberts Feed Co. Distributors Richmond

Baby Carriage $39.75 Baby Carriages, Gondolas and Promenades all In a big display. We hare them in all finishes and styles. Prices are most compelling. We suggest that you come in at once and see what wondrous values we have to offer. The three illustrations will only give you a hazy idea ot what we really have. Nine patterns to select from at our special price $39.75.

Special Buffet in the walnut finish. Has one large drawer with three sections for the Silverware and an extra sized drawer for linens. This is a big value.

While a ' special lot of these high, grade Mattresses last, we offer them at only $9.75. They are of 50 lb. weight, good quality, will not curl or become lumpy. This is very special. Get. vours at once. Only ?9.75. "

$14.95 Genuine Red Cedar CHESTS , for only $14.95. Now is the time to fill that longfelt need. Has copper bands, genuine cedar handles and steel caster3, 40 inch length. Only $14.95.

indsor Rockers

$24.75 Add a bit of comfort to your home. You can easily do it with one of our Windsor Rockers. They have cane seats and backs, and are the most comfortable Rocker3 we have. There is nothing more desired than a good Rocking Chair. We have them in all popular finishes.

I r

wSEEESES