South Bend News-Times, Volume 39, Number 152, South Bend, St. Joseph County, 1 June 1922 — Page 5
THE SOUTH BF.no NEWS-TIMES ! fYJ 3 TT .T:!v .... r 11 0 H 77 11 .v ii 11 77 1 1 M ! 11.77: ALFALFA S $i; m Hmanctai f9 the rhirao Kfir.i rf fr.vi tri v.-. Tri ! Z M .T-j'Ve f.r-'Ur'V.Mf t .in-. r.ir.s ; m.':t . sj. IVMi M:w HAt Tajinc SK'-H; Millar. i : -7 j j:; , :'. tfr trn. fi-ierr.d a d?-.:r. after the ; ,4im rv rrijv?'f ei. its r ..- I i4 i kef flrmfi up. I::v r 11 x.; 1 . i I J y I r. 7. 4C: frizes. .Vi;,... i " i i. ! (inv ri:.s - s.v: j .v rnirw;o rn r.nuv ! cwretej Dniu i.r th Ur-icT miu rillf'A-.O Miv .".1 WIILAT N. Cl riour mikI r-d ... 4!0 s. ,i4ii,,u ,1. red f ' IT ','7 1 1: rt H red $1 1 1'-ilLl'V ' I hone Mjin .. DAY'S MARKET SUMRY to tui A" By rhomaon-McKinnon
THURSDAY MORNING. JUNE 1. 1922
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KEW YORK. May 31. (Unitfi Pras) Strx-k mov
York stork exchJir. toy were chararterlzed by cor.
tut the mJn drift of prices -was ntxdliy upward unti
th market hid to absorb hea- profit-taklnr
F'IMr.c of Southern raciSc and Readir.e r.o the rasis ct th uprm-
court 1 uiiLi,, iiiei;i.iii5i uiuf? r'-'aci., was Uii.-'i ujr i. ü u u u n.. ...
1 iron a :i u . - , i .1 . . - I ...
In th lift tf-w rr.:r. rM: of the iy
Coca Col and Au3t!n-Nlcho!
T H
w
r.th t.! ")n the o:h-r h-ir.d.
ho'. Irr- ror.tiriiM to rf-vr,
'.ou'h r- f-a:r.in? i
Oil of .Nt Jer.y and Standard Oil of California.
Lpe:ia.ltle9 were faturd by enthusiastic demonstrations in stocks like
Advance Rumely Common Advance Rumely PM Aills Chalmers
American Beet Fu?ar American Can Co. . . . American Car Foundry
Open 17" . il 43 i 44 ;
. .. 4 9 4 .. .1644
American Hid eind Leather Common.. 15 American Hid and Leather Pfd 72 A. I. C : 4 Av.erican Locomotle American Smeltin? ., 55H American S'jpar 3 American Telephone and Te!eirr?ph . . . 222' Am r lan Wool 9 3U Anaconda Copper 67 Atrhison 100H Bald-win Ionnmotlve IIS7 Baltimore ard Ohio Bthlhem Stel "B" 781,' Brooklyn Rar'.3 Transit 2Vi California rtroum 2 Canada Pacific 142 Tf Central Either . 40 Chandler 75U . Chesapeake and Ohio 684 Chicago. Mil. and St. Paul Common... 28H Chi-aso. Mil. and St. Paul Tfd 4 4 Ch. ca ?r and Northwestern 76 Chicago, Rock Island and Peoria 4Va Chicago. Rock I?land and Peoria "A".. 9S Chic ago. Rock Island and Peoria "B". . 83 74 Chili Copper 23 Chino Copper 32 ei O Colorado Fuel and Iron , 334 Corn Products 102 H
Crucinle Steel 75 4
Cut a Cane Surar Erie Common
General Electric General Motors Common v 14 s Goodrich 4 4 7 Great Northern Ore 4 054 Great Northern Railway ' 77 International Harvester 194 Industrial AJcohol 59 4 Illinois Central 1067 Inspiration Copper f 44 4 International Nickel IS International Paper 53 Kansas City Southern 26H Kelly Springfield 52 Kennecott Copper 39 4 Lackawanna Steel 77 Lehigh Valley K Marine Common 24 4 Marine Pfd 834 Mexican Petroleum 13S;i Miami Copper 31 Midvale Steel 414 Missouri Pacific 24x National Enamel 53 4 ""' Nevada Copper 184 New Haven Railway 33a4 New York Central 91 Ti Northern Pacific 77 Norfolk and Western 107 Pacific Oil 644 Pan American OH : 69 4
17 4 17 4
Illsh 17 4 44 43 4 474 44 1644 154 73 494 1154 654 734 1234 334 57 1004 1184 M4 74 24 63 4 1424 414 75 4 63 2? 4 444 76 4 '46 4
22 32 4 33 4 1024 73 4 17 4 IS 166 144 444 404 7 104 4 534 107
474 49 444 t t I 2 1644 154
4 5 1144 6 5 4 73 1224 92 4 564 33 4 118 43 4 77 S 27 4 67 4 1414 33 4 75 6S4
WHEAT May ...
ers r f whnt .v( r" much "a:c, 1 Jur ... ! Vau .
Cloücir.nd pr;-e h'-M a little tteadir. roRN
Wet. cool v.nt'r.T hepi to pive j Miy ... ! nrrr.r.fs? to th-- mret for corn and i" "'
1 a t . .
nunr-o grix kanhi:
iea H:;h L-.xe
1 a.
Pennsylvania
People's Gas 85 4 Tierce Arrow 134
Pullman Pur Oil
Railway Steel Springs Ray Consolidated Copper Reading Republic Iron and Steel . Sears Roebuck Sinclair Oil Southern Pacific Railway Southern Railway Strombers Studehaker Common . . . Studebaker Pfd Texas Oil Texas and Pacific Tobacco Products Union Pacific
United States Food 5 4 United States Rubber 66 4 United States Sf.ee! Common 101 United States Steel Pfd 119 4 Utah Copper 694 Vanadium 43 Wabash "A" 33 4 Western Union 37 4 TVetinehoue 62 4 White Motors 48 4 Willvs Overland 10
.1224 . 324 .104 . 1.3 4 . 784 . 77 4 . so 4 . 36S . 304 . 25 . 354 .121 .112 . 49 4 . 334 . 82 .1424
44 4 1S4 53 274 524 52 4 i t 66 4 24 4 84 4 .140", , 31 424 24 54 33 4 9J4 774 1074 64 4 72 4 2 4 85 4 13J4 122-4 324 104 4 18 4 78 4 734 SO 36 4 304 25 56 4 124 49 4 33 4 S2 1424 8 4 664 101H 119-, 6 9 4 50 4 33 4 624 10
274 43 4 76 45 4
22 4 32 4 334 102 744 17 174 1654 14 4 43 4 40 m m I 104 574 105 4 4 4-4 IS 524 264 514 514 i t 65 4 23 4 83 4 13 304 40 4 234 -4S 32 4 904 76 4 107 64 4 694 42 85 194 1 0 2 324 104 184 a 70 4 73 36 8S4 L'4 4 55 4 1234 49 324 80 1414 8 4 '644 1004 110 4 6S4 43 33 ?2 4 3?2
17 4 474 4 3 4 444 4S 1644 lVs 72 4 9 4 114 4 6 5 73 1224 9 3 4 064 S?4 1 1 s 4 50 77 4 2S 62 1414 44 7 5 Cs4 27 4 4 34 76 4 54 38 8 3 4 224 32 4 334 102 4
1 17 1.1:4 1 V,
!'rovi?:on were ra; h-'i- valur
in lin with
NEW YORK CURB MART CLOSING
744 1 4
r
4
Aft ?a 13 Bid. A. V. Parr 4 4 5 Allied Far kfrs 9 12 Vnr Licht S7 Chalmers 1 2 Cities Pvc. Bankers 2C 4 font. Mtr5. 84 4 Curtis 1454 Ford Canada 2 4 ra x. A. Pulp ri; 4 Porfertinn ISA- 24 4 Phil. Morri 22 2 Stearrs Mtrs. 4 4 " S w ' s 8 1 T, Toh. Prod. Ex. $4 4 Uni. Pft. Shrsr. 7 4 Uni. Ret. Candy 14 4 U. S. L'.?ht 6 8
oats
M.iv . .l;i!y , M.iv . .Tu'v .
M.iv Nomiml la i:i Miv 114
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1.16 1.17 1.1.-.4
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117 J ( iMlS M'.y up c; J.il v cn ",r; ?ert 1 11 I upl'ie.
i-lt'ji OA is M.JV i;p s.r: Je v :;n 'i.
I'ito Vis IONS irregular.
1 .tl.Li W - r. ii. .V: r.uh. 2'tlt r.i:i:swA-:..Vi:'c 1 ei w LAUD l-,ljn 11,.
up
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4
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11
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SOUTH BUND MARKETS. (Corrrtrd Dnlly hy 1. A. Knnr, !01 Sx Midiltuu t. I'bont Lincoln ZiM.)
JIAl. STRAW AM rCEP. :n makkf.t. TIMOTIIY-üellins. H ;. J pr bu. ri.Vi:u Milium ri, f..ijz $17. ST I AN OlIASS-Ffiins 0Vwt. MI LLi:T Coromtir. KilliL.'. J 1.73 cwt Ai.Sli:L Rellins. JU. Ti.immotb r:d. ?1S; fs-.re't cliver.
ir.r. corn. vts. rrr. irirrrtil Hai'r l.y D. II. Mnrt.in, Si Mill, llwl-aulio air. Ilui) L-5gt7. roKV-l'a In;. W j t.r OATS-l'aU );', MliiIiI.l.(.SS, ii::--. Jl V cwx. m:ij oat s:i-.i.- lu. IiKA.N Sl!inr. mt. r.vfi-raviTz s'i:atcu 1 i:Ki-s!iir.c rro rWt. - WIIKAT No. 1. j..:;r. il.:u .u. forrrrt.I pllr lr IVr.ithrS.-f i! Crorf 2:0 N. iin st. I'!,.M,e ::. ri:ii 11 i:;(.s-r.!v.:.v. .-; ei'.ins v. .i.-.r. I KllTS AND VIX.r.TADl.üÄ - Ciü icriii i r.ael r:;Lzr. 4'V 1. I'llTATnr.'l-S.. ;.!:;, 417". tu. c.Aiiv.M.i: c'.i'.iz. is-.
See Page 5 l'nr Complrt- I.it Tify l it ALL Machine New JUNE Hits Pianos TmSyicrclCLS
I, J ' w
u.
Ship 24
4
Wayne Coal
30
Wricht Martin 4 5
Allen Oil 2 3 Allied S3 S3 Be?. Wyo. 11 12 Boone 8 4 4 C.arib 14 ai
165' ,li:ik Cn?in i a n-ie 14 4 i Vt .l.-ral 1 ."-16 4 4 34 j Harvjtv 20 Rid. 4 0 j im.'PrtP. 2-". 4 4 774 j I.lvinsston 14 H 104 4 Maria nd of Mex. 3 4 6 57 4 1 M-rrit 12 U 13 105 4 ! M. W. nil 2 4 .1 4 4 4 1 M. W. Pfd. T 44 is 4 ' M. W. 2 on VA. 524 ! N. A. on i4-4 26 4 ! Noble .13 3 5 51 4 ' Pen nock 58 514 'Prod, and Ref. S 10 77 : Ryan ?4 4 654! Salt Creek New 19 4 " 24-4 Sapulra 44 84 4 ! Simms 10 Vi 139 ! s'kr llv. 0 4 m 4 304 ! A. B. C. Fl 4 4 41 4 Bi? LedsTP 21 J2 234 j B'5. ar1'4 Mont. 20 21 84 ! C.-n.--. Corper 1 U 9-16 18'i'CrPe?on 24 4 32 4 j Bivide Fx. IS 21 90 4 ! roldfld Con. 6 8 76 4 ! Goldzone 1ft 15
1074 ! Hecla 6 4 4
64 4 1 Jr. Vde. 3
s:
. v.
42 4S j Maftma SI 4 4 S5 ; MrNamara 7 9 13 U i M. Lodo 101, 4 1 22 J Nip. 6 4 1j 32 4 i Pay Hercules 14 4 1 104 4 Ton Ext. 1 4 4
184
764
77 73
:U !
nilCAOO I.IVKSTOCK.
a i iiiv-i'ti'. .n v . iiwu iei"-irrs r.G.ri. mirket motly l."i2v lowvr. Bulk
.ilO I.V.; in 7.1 ' ff.i. .mSl1- hcivvirivhr
364 I in 40TMO .V); medium viht lo.4.r.Vf
83 I 10.7i ; lishr weicht f 10.70',; 10.70 ; li?h 4l' I liiht $10 .Cistf 10.70; henvy p.ikins sow. -" - iioo?h ?..Vi '.1.7.1 ; ii kin sop;., rouji 5. "4 : run- pips .t in nr.. 12.1 -4 j C TTLi: -lt n.oro; mirket en. i erally steady: c.ii.ncrs aud dulls lower. Il" I It. i.f fpf r 'ho.ro and primo .70 49 'J. TiiPdir.ni and pood S7.S.V, S.70 : pood 324 ! ;,nd choir S5.4'i'i 0 20 : common and me. .linn 7.L,.V." 4. r.nfrher catt"! ll.-itr 1 ,.". '',?;: ,-ows S4.r.i'.?7 2.1 -. bulls ?4.ior,7 1414 '..';." Cinnrs and cutters Cows ;ind 714 I heifer f ."!', Jul : caj,iifr ffper S4.7.V,7Ä ; 6. " 4 ; coujraon ?',; 7.7.1 ; i-tooker rows anI h.-if-100 4 ers .10r,. 119- 1 SIIIiKP Korpipf s 24.0CH-: market fat : '1-'lr,rl -"'' Vi.- lover. sbeop fff.idv to 2" 6SI3.1owpr. Latnbi. SI lbs. rliwti, Sli-.7l3:
limb?. cu!N and common $7'i.'9.V'):
I sprint larnhi ?13 .V; 11 : yearlinp wthpr
4 and common $l.ri0j3. 62 4 : 48 4 ! EAST III I" FA I.O LIVESTOCK.
33
1
HAST r.rFFAI.O. Mav 31 CATTLE
Itecpspts inn li.iil : market active. Sbipp'np strs f 2-1T7'. 15: butcher jr.Tin
COMMERCIAL TOPICS. i f7 7.,r 7.1: heifer 5V.w, s: rows $..? Republican leaders plan to rass tariff bill by middle of July and con-! 'j, .V ".V s tl nee? : $ 4f.:X' ci f ' '' mUk jrress expected . to adjourn by middle of August, unless Harding insists: CALVKS K-eipt n'n; mirket slow. on disposition of oth re legislation. j r,'!I1IJ 'phi vn4 Vl t u , Tob.acco Products. to Increase capital Cock from 33.000.nno to $157.- L"it 354. 00O and absorb United Retail Slores. ,.falr n"?15: ye.ylinps 712.7.1, shfep Preferred stockholders of Reading Co. entitled to share with enmmon ; s,. - holders in distribution of certain assets of Philadelphia and Reading Coil J Yorker ?iTv.',7 ii.ri'i"' pip3$n.!Nvrnri.r; and Iron. jjaixrd $li;:.V,; 11 ;i ; ' h.avy $ll',jll.2A; Kxecutive council of mainttnance of way and railway shop laborers at i r"u?h!' 'K,792.i: taps tx.nv-i. potroit to snd out strike ballots to all members affected by labor board j " cmc.;o rnonrcE mrkkt decision. CHICAtiO. Mav ;:i.- Ill TTIii! -KecIpt . Eastern raiI 1 Percent cut in freight rates bu; will IcLrVu Ik ; tä?cSZz& protest against reduction to ?4 percent return carriers should be e ntitled 1 m,$ 2,v
to on property valuation. Western radi expected to follow.. : l.(.'.s rte,o!pts 4..x cnr. M:rel!an
Gernvany's Insistence on external loan and silence as" to internal forced loan expected tb hasten control of her finances by allied commission for guarantees. Intimated at Taris that Washington may soon show mere active interest.
IRREGULAR SESSION AT M. Y. EXCHANGE
Supreme Court Decision Creates Noticeable Weeklies? in Southern Pacific.
NEW YORK. May 31 Tendencies In Wednesday's irregular stock market were largely governed by development in the final hour of
Monday's session and other happen-1
ings ovr Tuesday's recess, includ r.g industrial mergers. TV,. fiiAn nf tb TTn!t.ti 5tt
upreme court declaring the South- CHILAOO. May ,l.-Liveiy. b-,t I.. T.rentrsl Paci-r comblna. unspectacular trad;r.5 and po
tion invalid created father w. ;.harf ' ednesday acco.-rpr.:. I... U nntbern Pari.-V share,, but ! e nal settlement of contra ct, f
Union Pacific, which may benefit by
eou ir.M7 , jj-jt : or.li.iry flrsfs 21 4',; 22c: firr 2:'',; 23 !,jc : cIjocKs 2'.': dirties" 2ii..',e. ClIKLSi: Twin, new l'l'-o; laf-l- ,' lt'44r ; Vn'i'ii Air.er. as l'.: Lii-'tnTiis l-.r, r.v : l.rirk 1.1'.,,-"'
! LIVi: I'Ol LTItV Türke s 2,V: .'hirl;. ; tr.s 2,"o IroiUrs I lc ; roifers 14c: the:r gain later when Standard. Oil ;;n. . id ::.,. of California reacted. I POTATOES Receipt 1".1 cars. Mich.' Leaders among steels, equipments ' IhUII'AS TriJmph?? and motors were sluggish, giving '-2..V: new Tea Triumph S2'.;2.25. place to speculative issues. Sugar, i uew Aiabaina Triumphs $..;k32.iV.
cialtie3 were bought on higher prices;
nuoiTa 101- raw ana rer.nea pro.iuc:.". ; 2. (I hiMh d-ker: market active. Prime Sales amounted to 1.235.001 i.tres. ' leavy sii'.; 11 1: medium $ii.3.iri ) Call loans onered at four ner .--f '"' ,vv voiI-.ts 11 'Ao' 1 1 4i ; light Yorkers v.au loans openea at iojr per 1 e. t. n 4( .,,, . isr, 51 1 4 . 114 ; rough advanced to 44 in the fourth hour . -i '::: sr.) p-s :.',..:.. and to five per cent in the rim! hilf. 'ATTLK Kece'.pts llrht: market hour. The stiffening of rates as ' ZlcJ.SfC ascribed to shifting of funds result- siiKKl AM LAMPS Ilecein-s K.-ht: ing from June interest and divl- mjrr rinie wet her s 7.2.:; 7 . :
riTTMU Kfi LIVESTOCK. PITTSlUT.i;. Miv 31. HOCS-Receipts
Jend payments. "SK TRADING MARKS
."SSION AT CHICAGO
cnanges Wednesday accorr :2r t.i
CHICAGO (i RAIN REVIEW. CIIICACO. May .11. Crain prices
m 1
the decree, was strong. R--dlng common developed weakT.es on the ruling: of the court which fivej that stock no priority over the preferred sharts in the distribution of the Company' subsidiary anete. while Reaiir.y first and second preferred scored extreme gains of 4 4 and Ave points, resp' :vely. Tobacco Product strengthened on new of its prospective alliance with United Retail Stores. The latter was freely sold at a decline of 3 point, tn mtrked contrast to the strength of other leaders of the tobacco group. Sumatra excepted. Oil continued to advance for the rnost part unler lead of Mexican and Pan-American Petroleum. HenerM A?phalt and several of the dorr.etlc iroup. but cancelled much 01
V
or
strufgit between opposing forcts :r. the market appeared to have en Monday, when values smashed downward 104 cents a buhe; as a nsit of liquidating sales on th- part or' the leaders on the bull side. Shorts covered freely Wednesday, but mr with no great dirf.culty In obtain:.: all the wheat they needed. Prices closed irregular at 2 4 jer.ts net de
cline to 4c advance with May l.i V ... T .. ... . . ... K. .
I" '.U Jl.l) J.iS"j lO J J.1V I, , Corn finished 4c to 4c up. oats varying a shade decline to 4 to lc gain, and provisions unchanged to 10c lower. ,
Much nervounes was apparent in the wheat pit at the opening of business and there was a'briff period of rapid fluctuation In price. A general rush to sell took place during the flnt few mlnutea. owing largely to &
:S1 in HAHDf!
(A
Is Worth . V in the Distance. r -trMrv 1 - a wrnl1'
f H ON WACIs AND H IlN JIl lilif , r .! AT LEGAL INTEREST I
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tOO J. M. Ji. Hide-
Flfvstpr Llncol
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Tropical Suiis For Summer Daijs We offer from this department a host of new .twopiece garments that are designed especially for hot weather days. We have considered quality in purchasing these models, and the clothes are self supporting despite theirTlivorce from the linings which is due to hand tailoring and fine workmanship. - f
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A varied choice of Greens, Browns and Grav mixtures in Tropical Worsteds, Mohairs and Gabardines
J
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10
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Golf H
ose
7. ,ou4 i' :1
ot. W eather TOGS
For
the
Embracing a selection of Hosiery light in wool and very durable. Phoenix Silk Hosiery for Women in the popular shades, all sizes
Boy
Palm Beach Suits in all the popular shades well tailored, perfect fit-
$1.55 to $4.50
ting-
$
O-00
Underwear An item in which quality must bs the first thing considered in the purchasing. Our lines are such known makes ac Cooper and Mansco in two-piece union suits. Also the Country Club, a new athletic style $1.50 to $6.50
BOYS' WASH SUITS Wash Suits that every mother will -approve of for her boy. Reliable materials in good colors and patterns, $1.45 to $4.95
BOYS' STRAW AND WASH HATS In black, bfüe, brown, white and combinations s 50c to $3.50.
ADL
BOYS' DEPT. 3RD FLOOR
' TD)
The Best Men's Storesince '8-1 107-109 South Michigan Street 108 West Washington Street
