South Bend News-Times, Volume 39, Number 13, South Bend, St. Joseph County, 13 January 1922 — Page 5

FRIDAY MORNING. JANUARY 13. 1922

THE SOUTH BEND NEWS-TIMES 5

a

live: stock FOREIGN SITUATION AFFECTS EXCHANGES

d Rnancial Mews rTSL

WALL STD El ET

Pitr-burirh Coal , P -l II man O , Kay CorvmlMatwi Copper Peadlrir

Hf public StM , j Kork I.!ani lind Inland "A"

I P"'b. I-', itvi "TV F' r r ii c Ii Politic. il I'nlirnvnl Pubb r

i , .

(ni-r- Flurry t.mrr-. nrnl

in Hfiiiit-Murk-.

i

r o

: b. r -,.; cir!i ire Th'iTlayHM

: r v e in -iin and :.v,r:;rg in a i. f-.t'ur-? Thf1 recent ln-

' if :. r i r

I frr ki"v rnnvnt h:'!i Krade, Fcur-

ii'i1- . mporarily

a-.d i'hr

r ,!!;. r.Hi-y d-irir-jr th ir:t?rrrdii.te fr."-1 r d irrf-'i In r later. whn ofI'rinci of r.JI, tobaorr-.i, ' Interr.Ation-

il j-ii" r ar.d

?.' I r-p"x!.x;ly cab ry, wcro th? :jr! y frr'rii t f ma.r.1 f Ht a dirre of fi rr .r. or Jniririr.lty from profe.

t h e r p n !

nt. 1 i 'a- rc

';ntd to

Hor.a. pr's';r-.

Iii'O .--h.a-r -.. T' tilv.r- of th -r,i federal rr tank to ordT farther reduc-llrr-i of r" 'I.5f-"'int a.n 1 lntr5t rafts va.. without tnoro than r;iifte? lr.f.urr.d on morey ra'f. Cil! freer p.train hdd ftt 3'? i-rcent and tnany rr.v t!m loar at 4 4 to 4 04 erce-nt wf-r r ported. Th"i rx!i:nHt!ori of th FYen-'h td.net. In uh'h tho qfVlon of rjrman riratr.!' evidenUy fjrjirv?, ccvuoned fm) activity In remittance p, P'irin. Foreign ex-t-har-Ken Ri a Whol, however, showM little ursttlcment. Liberty bond csft1 on realizing for " proilta, but cV-sod u trlt'dn.? rain and '(. Victory 34'a c.2? und the 4i' nt 100.30 mule Ofce-wr hisrh rccordi? for a. long1 porinfl. f'lany of rh oM t!mt ralhvav bond iT In dorr.anl, bi:t frrln Issues wr lrrrvsruLxr on lat do-lop-rnntfl In the French rv0::tlra.l Fltualion. To Lai fak.i (par valuo) $22.-

0

o

o

So';th-rn V-iriV. . . .

Sf. "iu". C"rmi:irn . - ht. Paul Pfl Li?rr;nb-r Studrcikr Common .f-an-Rodiuck Sirn-'nir Oil 'jfrir Tribrvo Product .. Texas nil Tfxaf paril' T'r.ion PaciMo U. S S'l Ornnin TT. S. Kf I'M I.'. S. Fo'l Crpn. .. Uu.h C"ppr Vanadium .t! .... Watah "A" U'il'.ys Ov-'-rlin'l ... W'Tn T'nlon .... ii- i

)i WV-HtinKh'iuo

l n : 4 51 S 72 s 2 ; I. "

i ! 1 7 1 j I 4 j 1 1 1

4 20 h

GRAIN

bite 3l'i.yy;

HAHI.HV f?'. KYK Nn. 2. H1-. TINfOTHV 2-V ri-OVF.H-?12..VKftlS V

No. 4

riTTSTU RO. Jan. 12 -CATTLE Rr!r Ityht: mrkt idjr. Cb1r JfO ralvf-i Jl'-'al2 M SIir.KP AM LAMP? Tl"-P!rt fir; rnrkt tradv. Prlm wf-Thr-r I.TtT ; cf" it't': fnir mlid $''i 2" ; MintH(m;s Irdpt 20 ?onb d"-k; nirWt hlhr. rrim hfurr t'rtt: mdiim ?:"-äf2.: havv Yorkers frP25; llsht Yrkr- jr; 2-1 : r'? tyL$.'i

ith Prices Below Cot of Production, Farmer? Now Economize.

thr Is no pri.il rfa.n. ive n'-c'ity to tlu-m. Thit i aV--'it th fn!v r'-an that arrioultural

commoditi1! nr rominc t nnrktjtry il'..--

in 'irh vo!urr. a now prva !'... Tl firmer nu5t havp rnony to rnak" t; p'jrh i. 'n rrdit ! ditMrult for him to obtain. P.nt thp f'-anty rturn. b rcivPi for hi products o?fr no lrdurmpnt for him to sr. and ronnur.tly buin-11 upon th" ro'intr5idf ront?r.U"s In moiirrato voiuin". n'th'ich

J it L5 ra!Iy 'ircr thin wo-iM ! likely i:r.df-r prrvnilinc ronditiors.

x potation ih i w'.th fh opr.ir.ir r,f j ;or;f ar

.nr:nc it -.r to ti!n (.f th

fill

w o r k .

r-""' of furn;t!!r firtor-

mnrv fop nru ti-

r. T'ii dint fn I.ruo ' 'th' r ! d i : ,c r : ' .ir-1 r ot

OTT I p.' M V i .1 '

in.

Phosphat mlnirc :"!iOQ!y ?hut do-rj

j tli 'it ?ir" f iirly t I-'- ritten " il

. ' l - v

Tnro'iho-;t c

kfr. i

r-r another

ir d ':.-r z'sf ,iro t h n

nn; j.wr.MtY saij:. Th! yir't January a: n r

-''T.: ror yo-jr a;iprrv,i;

a : a

n!ri: i pRr-WAP. Prir-

i?-.t n '

PuIl-'izM

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h T ! S ! ' '

' . Mirlc '. n cnp :t"i'''j n ; vf r in Pl'-rida 1" b""""a':- of 1 1 k

T:

K.T HIITAI.O MFTOCK. PAST BPFPALO. Jn 12. CATTLFi

nTAint :) mnrl-Pt jirtiTo. Sbirrin

4 " itM "V?w 7.- I.nfrhr crad9 17..'i

1"7f! CALVF.S IrdpM 27T; msrkft Plow.

3 :

I Cull to rhoJro ?0-i12 2'

th outhorn s'lt1! alrhnzh th

rr-nl dr!n" in rotton rut a

in th.it jrenral buvirc Tvhi h

hnd

The rtory of b'jfino? ror.ditjor.fl i

which foraw from th four corner

of th United State Is tht of con- j tinuinsr rtarnant markets for a'l

farm commoditi!. mupUd with prices helow the rot of production, states Archer Wall Douglas. 8tati.tician for the U. S. chamber c-f rornmrce, for Deenvbr. The situation diffrr.1 as to localities in dKree rather than in kind.

4,.-i Cfc4" l'UJ Mlh ill...- ' I inamediatp and pressing necessity. !

for the very cood reason that in t

of them have neither rady money rlJQf- that relieve and alleviate h

nnr t-TA1t TVioi- o r on ccMUini!7. I FTHlCTt in IHO J CTl'U . f M Ta I V.tll.l

f demand from 'I-mary. Coal rr.irrz. c Iva th ar.thr.T-'.t r"fr:o-. ' . " b ' 1 VJ ! TI C T o r - b ' " ! 1 " b i h d h- :"jatif.n --u-h in '

Matters are 'irvwlnt bttr in ca, ;!. .prT"v in Th yM'ow p-n.-

d ' i -: r. ic t ria" v,

ro bTtr tim's that ar-

worth w'ni'.n

tv.at Th-- i rr,r

f.rra products adv. i r; m i- J tutf .

da ( nport.i in r.nulr. p aihr. J yis r.f bra-pi Ft' 'I or iron r"!:'

Jamp with Fl'.ic sha-lAx. Ill

ard p. Tb and rr. ir. 7 r.

aJrs In I'rlrro.rx ard :i-!n? R-vo--.

th'r ar.

aw,

.ir e th prices of cthc

;r-q .iar'in pr oro r t i ' m t e'y.

L"!r.vf-r.t trrr. . . 1 4

f. i:ui: pitrTi"criu op noMi.s

;'!"! t- ,Tu t ov I j

: 1 .

rrimni ix-oau r: TMr npr

i -at h'-r. : 1 f f-c. -'i

si-'-'A ir down i

rf rold ;

tri

ated

'he narr.

d to PUb- 1

nrt5

cot wll under way. This wa

1 aiso anectca ry rne rev !'iT!on thi;

sn ofrdrial e.t!mat of thb yrar" production of cotton a. ipparnt!y w'.d of th mark. Minor ThhIik t.i Aul.

! A. a '.way?, th-r' ar muiy nur-'r

i:-;ip r.f bi-b fr-:i!it rat".' b" r

V 1 ,

in mood that has taken vrrim hold

, rMir.r.r j,..i-j.frip.!. upon tnem. Country bank are nan

. . 1 . 1 1 .1 1 -. . 1 . n I '

CUll to

44 fair J'(!27."; vcirlirir- JI12: nbep

"';; HOCS Rerelptu 2"n; market lljbt and

O'i - ,J' "rkr ?n.2" pisr ?'.vt

roughs ?';;.."; Macs fP'f. 4.

ed up all they drni is ?afe, and th

tion. Ther i the dairy cow rind tbo poultry bird whn jrodu "t? furnih much monev to the farmer ! tb

in ovr d Iiowr -arnornr th

add h'"-po o'

1 1 n " a f t r r t h c o i r c r In acrlru:tur '? mm-s , iTvr-ac of pri'"f-. to tlv

turner f rn product.'. Tnd 1 1 lifV. w? r-u-

Ca

P'ro.njr''!

r c t h 1 W '

y if tb; ! p-ot. t 0 j r Imvv' f r e -n t b. " '0

f Vv.t rrAk' a roof fir a; ...

I tb'r.r of th1 ri-"- Thr ar th-u-j p of tra report a tio n a" j pir 1? of tif f 1 owners of K'ab-i rn'Tr of '?!om- nt that ! o ra d roofj i thi community. 1

1 i f ' sn:;-1 ; 'a !l th'' I"abora, i Ronfirc Co.. i .

pi:ktvg op usi: n:fK

f.'.rk

an.

h srtr.'.-d. "'I J j ba!' r r-.ikei tb.i 1 b at'? c -:r cfl" ; -rh-' U5' R 0 '. Lh, ä b c a

W r

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tov v

t

t n- yea r. ; m 1 1 "' ra t tp 1 " r . a ' - 1

1 (in - j 1 r : v " . '

1 'V

Y. V: vision ? for f ' im a t ; -n: tin W!i "t

Main 24".

and 4-tf

SI

.4

it 1 '4 sou .'0

LinmiTV' iifi)s.

2nd 4 71st 4' i

2r.d 3rd 4th Cth

4U

4 '

4. , r. 4 4 1 r4 .0

r7.

OS. 10 9R.06 1 00.2 4

IMHWXrOI.ls MVKSTOrK. IN!IAAPf)MS. .Tan. 12. - HOGS-1-rr-iptn .".'m: in!irk't 'Srn : ") hijfhor. Pet li-avlos J'n.,J.'); iiidhj'n railed ?.."'' 7."(; iinu:nr?i rboi-' ?v7"'t0; ln;lk 'f pnl-" 2V.1 h 7.-, c'ATTI.K U.c iptK Ni: market htrarjy. trs $i..ri''s: row and heifers $1.2."''

0 4 !

' sii 1 i- i- - am nt rjtfi- mnrwpr 0.11 r.

Tl 1 .. PALVi:S Kori.ts r.(0; inarkrt c hljrhrr. Ton $11. ."A

8tatem"nts of manv of ob?rvers 1. j wm. There ar fruit in th- uorth-

that "settintr money from banks for any purpose L tmpofMMe." HusJness 1 quit in th sprinc wheat ftate?. especially whre tho har"Ast was poor, or where tho quality of the wheat was not pood. Much the same situation prevails whern

i curn is the principal rnony crop. ! and where Its price is fo low that it

OfirAGO flRAIN IlKVIFAr. CHIPA(;c. .Tn. 12-TJraln prieet wer lower on the Chicago bard rf tradr- today. Tho crain market held a tnt)o of frmnen, with a sronl eoncrnl biuand. There was an active demand f r corn. I'mvlfclons were hlpher. May wheat opened nt ?l.1Hj. "P 'e. nd rK'Se.l up .c. July wheat oyrn d tip

lie at JMA clonln? off le.

May corn opened at .'.'',.. 'ip,i.'.

rlrt

lnc off r. July rurn or'nel urirhnnj;-.!

at and closed unrhaiu''-d. Mut ots opened up nt V . rlosin? off Rv. July oaf" (i.(rifi at vc, unchanged, and closed unchanged. CHICAUiO fiUXIN K.N(iK.

RUSSIAN DEALINGS ST DIU LATE MARKET ClUCAQO, Jan. 13. Tirvit averfcfred a little hU'hr in prlcw Thursday, cfcdctiy owlnfr to remo-val of idjre acalr..t wiles of 1.300.000

ibu-nne: of i'd wn.-at rnJien for hlpment to Kuii. Tho nvirkot crfvl ur.jw-rtle-d. varyln?; from 4 fr.ot flecllno to "s advance) with May 3 US to 111', and July 03U to 00?. rn finished a. phade to He 3 !;rh' r; cui'h unrhanced to a phade ort, and provisions at pain of 7 to .".V. In addition to th bullish effect f f:uvian O'!!' f dra!in;s. tho whwii iM'irkf-t wa:-4 pi-n a slight further

tiniuius by indications or .mprove-j :i:-Tif in dom-sric milliner Qc-rruand. '

j'jrmiK'i-s in tho IJ-i rpool market t 1 1 I d rv.nuwhit a Vvi to help the l ull s!d rn the other hand, gentr.il ep. rt inquiry wa.s slow fta a icyalt apparently f Argentine com-

petition. Oorn and oatg were held lartre-ly ;b7 the Influence of purchase g mada for Ruetttin relief. Hlsrher quotations on hop? ap-7-.ared to obo responsible for tho vd ino in tho provision market.

opn iiih rw rioWHKAT May 1.114 1.12i; l.lfti.i 1.11 Ju!r. ...... 1.0 Ht .W, .00 COHN j Mar WT; .r..1 .M .TuV-t Julr J!rH .roi .M's .MTs OATS Mar JKV. .nT Wt jui'y .::t ..".'.tu .rJb, KYU M.'IV W'-i .? -M -W July Nominal .75l3 I'ORK Jan. Nontoal 10.o) LAUD Jan 0.15 P17 0 12 0 12 Mar 9 42 01 0.42 45 EI PSJan 840 S.4. .RS ..as May 8.40 8.ßö 4i K4a

CHICAGO CASH ;R.IN. CORN No. 1 yellow 404c: No. 2 yellow 4S40c; No. 8 yellow 4'i''.t 4'.V ; No. 4 yellow 4:V,47Uc; No. 2 niin-.l 4'.",? 40Hc; No. .a mixed 4si;'fr,41i' : N. 4 mixed WVS'tiHic; No. 3 white 4V' 4c; No. 4 white 4(.47Uc; No. T, white 43i4'4Cc.

flllCAOO I.lTTOfK. CHICAGO. Jit!.. 112.--HOGS Kerrlrts 40xiO: market :'..V--4w- hitrher. Top $.0;

tulk $140; he.aw weight $7..HK,f s ; 1

rm .iinm f vK"J .4' ; Hj:ht $.".."',1 ..;.-,; liuht lights J .Vi.i.7r: heavy packing Hows $tf.3.yrt.73: pakinj: bows smooth fO.cuv, 7. pitrn $S.2.V.S."5. SHi:i:p Heceipts 21,0o; market teadv. LamliA $11.7olS; cull and common ?:.2.Va1i. .-.: yf.arliriff wethers $0.2.Vt ll.ri; ewe J4.7.V 7.2-" ; cull and romnion $2..V'.f4... ('ATT!,!: Ueciipt ll.OOo; market hteady to strong, rhoire and prime ?'.;', 10; rru'dium pood f7.1.V.!.10; common f V2.Va 7.15 ; yooil niwl rhoiro f . 40'j 1U ;

otiiuion medium J'Vi.40; butcher rattl : iitid heifers cows J.l.WTi.sri; I nulli J.'i.tiii7.i : cannery and cuttern $-.3?fi, n."it; 'Himer eteerw J3.2.Vä4.25; veal -alv j

V- o 'd t'.; iceder nreerH ?.)...."tu.ö.); etooker Fters $4..io'ft.7. ; stock cows aud heifers ?3C'4.75.

is trasric in its effect on business and on the needs of the farmer. The f rice is now far honv what it was durincr its hl?h periotl In war times. Theso conditions account fr pfor business In the spring wheat tats of the northwest and the corn Krmvinir ppctioii? of the middle west. Smith's Corn Crop HiT. One reason for th lack of a better demand for corn is. the enormous crop of this cereal produced this

year by the pouth. more than enough ,

western mountain and In California.

tnu'k in the Culf ftat md tho, Pacific .loipe. Th r are tnanv minor i t-rops. rico, b-ans, rranbrrioy, and wof-t potato-, who.-'o us" and markt t is beln? extended bv diirv and , pr'?er'inc prooo.-os. Th-ro is tohareo, wher- if is s-11- ; ink', as In North Carolina and Vir-' Kinia. Rut where it Is pooled, as in ' Kentucky aivl Tinrifs-'AA, thro is ai deadlock between buyers and s Her.-. with nothing tloin. and consequent stapnant bu?in -s. Thre i th' oil businc- in many state?, undeniably; on 1 1 - uj'prado both as to pro.iuc- . tion and prior., although prospcrtincr and drilliriir p em to bo c io rally quiot. save in a few localities, notably tho Mexii held in Texas. More buildintr i? polnr on than !

fii'ii" 00m mi 0 n 1 r

Ther e i- ra r-b n

adds d :.:: rar ly to ti'.r .;f.r- of 2R per cent Reduction Sa. Vern-

Th bas be. r. I on. 33 4-tf

tfer b'.S?ine!5 r.-r i '; '.' ' rt.viV I ..... : 1 1 1 " r-d lo.-aÜ't. s w 'p-e fir-i Tho ,poret follies are th be.-r

The Securities Investment Corporation PAYS f)yQ INTEREST

r i

1

;; .Mir, i

per arnii' pa-ab!o r m i - a r n ua lly, for loonebuillinir bu irifs.

us.-d in If

home

for Its own needs, when in the past j irenerally realized, bocau it is local

it drew upon the surplus corn states for much of it wants. Tlve?tok, wheat and oat.s are only a trifle higher proportionately in price than corn and consequently

and scattered. Also there is murh more looked for next sprlntr as it is V'olieved by that time that hih priced labor and material will h ive sot theirs. Then is likewise oriT.T.I

In the yrar 10LM this evaporation ror.t runted .and cold 1. b.ouc in South Ib-nd and M isbn -, r. ka . Por 1 022 the Serurities Investment Corporation plans to build at b-ast 100 home? for working men. This building Corporation, with net fisPt- In c-s of S2'J.".iOo, afl'ords an opportunity for .afo invest mt nt- of .ainc for lo ,u periods cf one, two, or three yo.ars. Securities investment Corporation i'twrMthr Idfo Hlimliii2. 1-2 Suith l;iiu (., Smt Ii Rend. Ind. Phono M-sr,r.

DR.VK

'IS

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JULADI

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CHICAGO roillTK MARK KT. CHICAGO, Jan. 12. II UTTER Cream -erv ,104c; tdandanH 20Vic; firsts 2.V,J Lltc: seconds -11i24. I;;GS Ordinaries 2Trfg27c; flrsts SOViij Sir. cnKKSn Twins 20ft20c; Americas l'OUI.TUT Fowls 22c; ducks 20c ; pectie 21c; Prrlngs 23Vac; turkeys Gac; foTer8 17c. l'OTATOi:.S Keceiptd IV cars. Wiscoutiir. rm:nd write, sacked ?2'2.ir, bulk Miehigau 20TM2.U).

a "ri:st sinjn.' Zane Ores "The Ist Man" Is provinp: to he one of the best sellers In new books. This new book by this popular writer may be purchased at the Rook Shop. 119 N. Michigan st. 4-tf

PKOiTT TAKING HALTS ADVANCE IN LIBERTIES XliW YORK, Jan. 12. -Specrjat'iv- profit taking and a diminished Investment d cm and caui-ed a halt In tthe upward movement of IJberty 'l.onds on the &tc-ck exchange Thürs day, mcvd; of theo Issues easing s!iatly from their high records of he previous session. RVictlons In thar juarter were 't'AlaJiced. however, by further buyins of Victory notos at a new maxi imuni. The 343 rose to 100. 2C, a Sln of 14c pr $10 0 and the 4s jit 100.30 showed a fe-adn of 12c over nheir recent high record. IurchAe of Victory noteji waä atJtrlbuted In rt to brokers reprentln treasury Interests.

: Stock Market Selling f PrIroc flt Tho filnco

XUW YORK, Ja-n, 12. CkV.n 5pr1ca on the etocx exchange today iJL T. At R. P 94 4 American Pao fipnr S4?v tArnerlcan Pruc Fyrdicate ... 4 4

tArr-erican 'aii

'Jil'As Chalrr. er ?9

JK. m er! ca n I rt err. a t i or. a!

American li'rrvüv ltl3 Anaconda C vpp- r 4-. Amerb .Ln :t.:r iV Refr, Co 4 I i

A. (J. W, A. T. vv

V

lern S an V.i 'opp. I" AT" - : :

Pa I I win Poootn o

p.-tbi .a :. 1 -b:'i :;:b;r

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JUST Ä MINUTE!

Stop reading the news of the day while we tell you some news that will really SAVE YOU MONEY. Perkey's, that smart men's store at 120 V. Washington, is selling suits and overcoats at GREATLY reduced prices. Some as low as $17.50. Think of it! Big, warm overcoats, and smartly tailored suits at prices that low. Why, Man, you re missing But just stop in and see. REMEMBER, YOU ARE ALWAYS WELCOME.

WARMER HABERDASHERY FOR WINTER DAYS Everything cut 25 at a time when you need it Shirts, Ties. Hosiery, Underwear, Pajamas, everything.

b

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!

fÜsbior) Clotbes Shop

'p.t : r i P : re ) : P..--A: t . . p ' s ; i - p. r: v . ! a : : 1 P;..-rce Arrow

7 ' ! r - :

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14

3

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!

On the Corner

"A lln I t j 1 ji I U r0.)( n ! ! U Li Li Ky L.Z3 V-i u U U LJ U I J KU m L J L.Z3 L i In u f-! bf i n ü I 1' p i "' "' nimmin i.i i ii .um. iiiiiimii. timt f1"" .il 1 '"' 11 " ! JJ ' I nn i .. .... u ... .mm- tJ.i- .1-1, , , . .,, 1 1 j . , , f - - - - -... r . . . im' ' l-l l- I L.11I CT nl r - 1 f i i . - - - i- ; , -... -, -i i i

IHeire9s a dlreammedl

Prop Ehsiüd nu

Jnflsi 'KBddbuB off Öt -

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r5

off-

S1DM

$3

r-r f. Miil

i M

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o Bomorirow an:-

(Or Ü

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CZT7 nzj a

They're positively the most .wonderful values to be found in the entire country at this extremely low price.

fomorrou m

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vO n ri A n tv A

sun uei ii

i uill ill ijiii j liii.

In nfir efseZi for -

r" 7 X f .

C3

$45 450 O'coats $35 1 Boys' Suits and O'coats

$55465 " $70

45

0

values, values, values.

S20

525 values, now $18.7:)

now S 7.50 now $1 1.25 now 315.00

For Saturday Only

Buster Brown Stockings Guaranteed fat color. Regular 50c Mocking.

Pour

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HTWTBI

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on the Corner-

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-on the Sonar e

-rf