South Bend News-Times, Volume 39, Number 179, South Bend, St. Joseph County, 28 June 1922 — Page 4

THE SOUTH BEND NEWS-TIMES

WEDNESDAY MORNING. JUNE 28. 1922

Writer Declares Erskine

Outstanding Figure Among Leaders of Auto Industry

A. St. John, in Article for National Financial Weekly, Says Studrhiikcr Head Towered Above All Others During Kendjutmrnl Period Following War.

I a rare combination ot financial man. manufacturer an4 a-jrr.sn. Th

! bulk of h!

busine tralrdr.tr of

rours fccuM upon balar.e sheets:

mar.ufacturlr.:: h had. to larn; tut his a'srolve. optimistic and f ngap-

in? personality n?r destined fori Advance Iiumely Prfd.

i Allis Chalmers

II I :

(Ton Ext

a!emar.jhlp.

Several V ia: !ucc?s?fs In th auto American Can Co.

mobil industry have "com a crop-

J pr" beraue of inability to appre

ciate balance ah figures, but F'rskir.e knows thra from A to Z. j In fact few executives have o constantly before them such a mass of ' condersed facts of financing, ?ale, ! and distribution. What the tanking

Th at rf this

m a r.i factor', filler '.s tr It. Jhr,

ti r.

tho K

d r

I larr .irl.".l Thf' t

t'.r.-: "Mf-r.

! o w : 1 r -r:i n l i -'. y r a pi .1

Albert Itull Mrsklne, , U f the. automobile r.g In lu-try what KcKd;eoll r: ay be. clfarly en dv(iii:ir written by A. cV.owir.z nn Interview i Ir-l.akor pr sldent here, 1 In Ic wrk'fl

r.'A Mari:.lr.e a nAt!cr..x! iH'k!;- of wigh?y iw-ertlgx. -ry, rarrld un-lr the cap-

Wall ;;:r""t,3 Eye." fol-

ir.dustry. :tfl growth has unriklng per.HonaJl-

l:( that hiv ' 1 th Amerlvn

-err. "well-knovrn puMic Wau the

rars they manufacture- have iiorne 1 1 . I r rfijr." c-r iK-rau f the ennri.Ti'ui fortur. . their buln.?sfl Judg-

. . ' a-.

v;.ly!, I)ur.'4nt. .N.'iS.n are pome max ar now fairly we'. lr.dlvidua.il zed 1-y rar owner; the first two are vir

v.-' - : -A .., V ' - f '- -y x i A . ' - '. - - .-a- v . X' - - v .5 a" v. , . . '.- . " . . : ... .. . -y -..''.; . jj

a. it. miRKrvc.

nut thre are sonio Chrysler rf Itulck, nw

other3 like of Mix-well.

nA'llls once ,f Ford, nor hadinj; hl Twn company, and Krskin5 of fttuilebaker, th i.t luave. hnio for thMr nchlVfnients better known to the motor Industry Itself and to Wall f'trAt thin to the man behind tho nutomobll whel. In the readjustment, tran.r.tlonal i-rlod of 1920-21, that gavo tb untried -motor industry it flr. bai.tl-Tn of ilre. Albert Itussl ITrskine towered n.bove all automolllo executives for h wns exIandlnqr whn r.e..irly everyone was dcrprtj-at '.- rontrax-tln?. Fnm Wiurona to Motors. Studehaker products wacrona, hirn-ssfrt and the. like have been turr.e 1 out for pom pven,ty years, but tlu Mtory of the modern Stude-l-aker, the automobile rorrrpany. Is the story of Kryklne and hi.1 courageous policies. It vaa e.-en yeara ago. July, 10 IP. that he -waa f!e-n.ted from the treaaurershlp to the presidency at t?i apeclal requ.t of Frederick f. Fi-h. thn president and now chairman of the board. The ttcjialty-breed'.n enthtia!a.m that Is 'Frakln'. greatest charm and luainea aast v.-.va Immediately transmitted to tlie organisation to nuch pood effect .that Falea of automobiles that year and the yiar following broke all records. Then ame 1?17 and th war. and

Studebakei

immediate! v

placed

r:itri''di.s:n above -pro-fit. As early a February 6 Jdr. Fr.klne wired President Wilson. "Studebaker fae-torfe-i of crur?ft are at the di.osal of the government. Any ordera given us will revive, preference and clear rlirht of iv.iy." ITue orders were f on net u til y pacd find for the next t-. o years Studotbaker was t-uay with nil s rta of war work from ammur.'lor.a t- v.TLgxn harneas so that when the Armistice w-aa signed la Xovon.ber. 2 0 1 S its factories were approximately 1C0 percent on war order?. Ills Onfltlenco in 19 IS. I5ut Mith the Avar ended and -with Ptudebaker'a ai:tot::obl fortunes at the fam time at their lowest ebb lskine res to hi- opportunity. Hp

called together th' board of direct

or a.t Snath Ib.nd and

that to pro.-r Stu icbaker must expand In a big way. 1. must -'build a new p.nt at South Men-d of 100,0 00 -car ca-ucity. n -:'.vi:hftandlnj?r the laryet .anntai! alea, had been leas than .two-thir-'s of that tn:m. To a board cf dir-rti-r. compod atme entirely of conservative bunkera ar.vl la-wyera. h sold the pro-pi-sition at that unsettled time, a S 15,000.00 " note is.rjo bt'-!r.? promptly authorized and full ppeed ahead crderei on in J S . 0 0 0 . C 0 0 factory t xpar.yic n.

mobile buying this year. Ist fall

to all who urjred careful manufac

turins and merchandling. he

iV.ied: "This year we went In wading; next year we go swimming. " And fo, while New York and the country at large were still In the bluej, Erskine pictured to F.tudebiker dealer at their ..ew York

banquet at the Plaza a 1 00,00-0-car

production, sending them tack nome full of confidence and long of the stock. Lurket Frlcc of Shares Trebled The extraordinary re In Htudebaker dealers at their New York Studebaker dealers and for a host of Krsklne' frlenda scattered throughout the country. It was tho day before Chrlstma-s, 1920, that the stock broke a $40 6hare and In than 17 month It has crossed

All of Ersklne's market pre

dictions made good. The flavor of this romance was uujrjrfMed at the a.s: New York Show dinner of the Automobile Chamber of Commerce when the "gag master," who presented with appropriate remarks medals to the various leaders of the Industry, admitted In prentlng ISrsklne'a medal, that all present would have- fared better in 19 21 had they ceased manufacturing in

the West and trekked to Wall Ftreet to buy Studebaker stock. Hut CYsklne Is more interested In building up Studebaker than In mero market fluctuations. His unbounded faith In the company has been evidenced afresh within 60 days by the declMon to expend $3.000,000 for new buildings in South Bend to render the company more eelf-contalned. The only fly In his ointment is concern over housing facilities. Has a Heart Which brings to mind one of his strong: characteristics, civic pride. Nobody believes in South Bend

more tnan lrpkine. He predicts that by 1925 it will outstrip Toledo in population and his only worry la that the city will not be able to take care of his employes. His vigor and sincerity of purpose were concretely demonstrated by the $2.. "00,000 expenditure on housing developments by Studebaker in 1920 through the Citizens Home Company, a subsidiary.

The fame keen appreciation of the human element in business Is exam pled by the comprehensive Cooperative Department which though directly managed by a former Presbyterian minister in South Bend is one of Krsklne's pets. Generous anniversary check plan, co-partnership plan, vacation plan, pension and life infnjrance plans have reduced the Studebaker labor turnover to under 63 per cent, and created a marvelous loyalty. Profit sharing has been shrewdly devised to make extra efforts of executives worth while. They 6hare In every gain in net that is why Ersklne'a own urge carries through the whole organization. Not ony is Erskine keenly interested In the welfare of his factory employes but he never loses an opportunity for a contact with whom he is on almost as intimate terms as his sales managers. Especially Is he anxious to puh the young fellow. One of the big Pacific coast distributors that has made the Studebaker name famous in Southern California is a protege who was given his tremendous opportunity by Erskine, when he emerged in his upper 20s from the army at the end of the war. The Cleveland dealer that is making such a brilliant record this -car is also another young "find." Ilrsklne comes naturally by his warmth toward his fellowman, being a Southerner by birth. Born in Iluntvllle, Alabama, the town of which his great-grandfather was a founder in Revolutionary days, he spent his early boyhood there. His first Job was taken at the age of 15 as office boy on a wholesale paper house In St. Louis at $30 a month. In that city ho stayed six years, ending up as municipal bookkeeper at a salary of $60 a month. Then he went with a wholesale drug house

stayed until he was 27

hou?es of Goldman. Sachs and Co.

American Hide and Leather PrfJ .. America Industrial Corporation . . American Locomotive American Smelting , American Sugar , American Telephone and Telegraph

American Wool . Anaconda Copper

Atchison

)pcn 4T0 7 l2 42 112

! 2 ' 1

that created the Studebaker Corpor-; ii-in Locomotive

re. jation :n i jii tn:n oi nim may oe - pajt!rnore an(1 Qnlo

gathered from the statement of the p.f.jhlehem Steel "IV

leaainc par-r.er, uacaiu aicnings. i irookyn ilapj,i Transit .. -We are always looking for another j Callfornia Petroleum Erskine." Canadian Pacific

j C-ntrai Leather Chandler . . , ; Chesapeake and Ohio Chicago, Milwaukee and St

ountry Personals

. l':i'i .113'2 . r o . i .1.1; . 37 i

Paul Cm. .

tw vmai itii j Chlcagd, Milwaukee and St. Paul Prfd PLYIVIOU 1 ti Chicago and Northwestern

The lS-ycar-old con (t Stephen j Chicago, itock island anl Peor:a Heckaman. of Bremen, w as brought j ChiH Copper to the county Jail early morning, to j Chino Copper

be held there until papers can be'oiorano i uei and iron ..

filed for ln.-anlty, nfer which he will be taken to Longcliffe for treatment. The physician who examined him said he thought with proper treatment, he would recover. Marriage licenses: Itev. Sylvester

Corn Products

Crucible Steel Cuba Cnne Sugar Erie Common General Electric General Motors Common

- o 1 74 4 2i 202 0 23

. 103 , 72 . lfiH 1 3 J2 166 . 14

Ware and Georgia Johnson, both ot i Goodrich oD Culver: Fred Morrow of South Bend ! Oreat Northern Oro 3?U and Velma Loeffler. Plymouth; Mel- Great Northern Railway 81 U vin Wisler, Lapaz, and Altha Myers, International Harvester 100 V. Lapaz; Harrison Heckaman, Bour- Industrial Alcohol 56

Central 104U

40 16 4 46U 2 4 40 N 34U 73

6 4; 1:04 10?4

bon, and Ruth Macomber, Bremen; : Illinois

Then ErsV.i

but when

r.eers to

date car. This they

the tp. -il was oh own privately to a n:al! group of leading distributors

j'-rt' d. A new engineer c:en the assignment and

that pt'I all hands was Fri:a a low-water ile

cars in 19 IS Studeadv.ar.cd In 1010 to

t f

was the

a car c re.it t-ir.ar-

! akr fJH.COO r.tce

s arp :" t o r, i . o r ror.i-i

r 4 3 car out il ':' I r V

carpr - I 4 ) 0 .

v.t

her. in 102 0.

. o n

was d ovo: ve.ir

; t

percent

La-t year it Vrke all a a i,'.e-i volume cf 6..-

. I th'. year it w

rr the 7.". C0"t mark bv

where ha

years old. Hmv ITc Dcrcloxai His real business career dates from 1S98 when he Joined the American Cotton Oil Co. as chief clerk, advancing to the general audltorshlp. "When that company failed j 1904,

told them uijufiiou. me uuaiung oi me

laio and Towne Co. and was promised the treasurershlp of that concern by President Towne if he made good. He was installed before the audit was finished. He stayed with Yalo and Towne for six years, going: thence to Underwood Typewriter Co. In 1310, and from the vice-presidency of that company to the treasurership of the Studebaker. In 1911 he was made first vice-president, coming at the age of 4 4 years to the head of a $60,000,000 concern, now one of America's greatest industrials, with resources of over $100,0-30.00 and a $15,000,000 earning rower. A. R. Erskine Is a man of average height with the powerful round?haped, forward thrusting head of the executive, set fairly close to his shoulders and with the keen eye of the vIionary who makes realities of his dreams. He radiates energy, optimism and confidence. The driving force behind his powerful frame is tempered by the warmth of his per-

sor.allty and the charm of his : southern accent. At 51 he appears to be at the height of his power, j 11 road and Modot ; Fnlike a good many automobile

with- romnanv executives whr hn-A crnw-n

i . - -. ..... .. up with the Industry, he la a man of

called in his r.gia r.er.v and up-to-

hi avo-

' ' T i

wonderful

1 1

de f a ' - tr:

v t" i r

Er-

a k e r -.0 Ar

p.i.'-t two and a

contagious oor.fie that '-t.s no goal f ive that of f.cond

-i a

an motor

oi t n e

dv V ak- r'.s latter

the Er-

puhli-" th" t.t

Erskine si:b-rlbe

j very catholic taste, interested In i more than the making and spending j of money. The breadth of his in- ! terests is evidenced by his presence ! on the board of trustees cf Notre

Pa me university and by his directorship In tha Chicago Federal Reserve Bank. He is well read, and his official statements are uniformly models cf concise English. In 191S he wrote a painstaking and highly In-

st for the monev. i teresting history of the Studebaker

Small Marrrln of Profit

big" tcrets cf stu-

ufce?s has been

i -li

te policy of giving the

Ir.cr a few Vtar

Cltion. Th!

the fact

of I rt.-llt in t-x.-.ctly t No one vi; Er..l;:r.c tho

to t lie Ford I lea

ca-.- pr- :".t .is rro-Iuction H.i idea for the pat b.as Trcii to 1 5tab:h po-

point !s illustrated by

t!:at Studebaker's margin In 112) and 1'j2 was .e -;;r;r-, lf'.V per cent.

T'-.1 mere clearly thsn tij revival in auto-

Corporation, tracing carefully its Ktowth from the day the two Studebaker brothers. Henry and Clem, began blcurksraithing and wagon building in 1S52. In the preface of that little volume, he stated that it was his ambition to continue the policies toward the public that will add luster to tho name of Studebaker. He is, when all is said and done.

Jacob Schuch, Bremen, and Freda Rlnggenberg. Bourbon. Rev. Sylvester Ware and Georgia Johnson, both of Culver, were married by Rev. O. T. Martin at the county clerk's oiTice Monday morning. Rev. Ware Is a colored pastor at Coilver. Mrs. Glenn Underwood, after a two days' Ulne..s, was taken to the Marshall County Hoplal on Saturday evening and operated on for appendicitis. She is reported as resting comfortably. The Plymouth Athletics completely outclassed lie South Bend Motor Wheel team Sunday afternoon, winning by a ecore of 10 to 3. Thte was the local's third victory. The Y'oung People's division of the Marshall county Sunday schoola

will hold a picnic dinner at Culver on Tuesday afternoon and evening. rr. Eiden Porter, accompanied by friends, motored from their home in Noblesville to f.pcnd the week end with Pr. Porter's parents, Mr. and Mrs. Alva Porter. Harold Mead, of South Bend, was In Plymouth Monday on business. Tho -funeral of Way no Rankin,

Saturday's lightning victim, was held at the home at 3:30 o'clock Monday afternoon, the services being in charge of Rev. Appleman. Wayne was 16 years old. and was at work for the summer with the State Highway company on the roads In this county. When the thunder storm came up on Saturday, some of the boys took refuge under a tree which was nailed to a wire fence. The lightning mruck the wire. Instantly killing Wayne, and stunning the other young men who were with him. His death is a loss to the community, as Wayne was a very promising, sturdy, clean boy, a friend to all who knew him. Besides his parents, Mr. and Mrs. C. E. Rankin, he leaves one young sister, Katherine. Mr. and Mrs. E. T. Cooke left for New York Saturday, where they will remain Indefinitely. Sheriff Franklin took two men to jail Friday, on account of unsound mind. Noland Gui.e. who lives with his parents southwest of Lapaz, and Is about 30 years old, has been ill for some months, though not dangerously. Friday morning, however, he ran after his parents and sister, threatening to kill them- The sheriff was called and took him in custody. He will later be taken away for treatment. The other case w-as a man who gave his name as John

Dovelg. of Youngstown, O. His unusual action aroused suspicion and the sheriff was called to take him.

Dovelg claims that he has a wife and two children In Poland, and .sends them money when he is working. The officers peem to be In doubt as to whether he is insane or ignorant, and are trying to get in touch with some one who knows the man. Mrs. Chase and daughter, Estelly have returned from Hillsdale, Mich., where- they were called a few days ago on account of the death of Mary Chase, sister of the late R. AChase. Jacob Bender, who has been living at the county farm for a few months, died on Friday morning. He has been ill for several weeks, and was 6S years old- He leaves a brother, Sam. and one sister, Mrs. Jese Bowlin, north of Bourbon. The funeral was held on Saturday, with burial at Oak Hill. Miss Tyra Bell Harris returned to Plymouth, after spending several days with her couein, Miss Tyra Ruth, of Chicago. Mrs. Frank Kelllson and children left for Cornell. N. Y.. to visit Kellison's mother. Mrs. Homer Love, Sophia st., left for Philadelphia to remain a week with friends.

Frank Cullison and family are spending a few days at Pretty Lake, having rented tho Matthew cottage. Electric lights are now being installed at Pretty lake. The work began Thursday, the line being brought from the south. Fred Tea, who was arrested at Tippecanoe while operating a still. wa arraigned before Justice Canan, and pleaded guilty to having a still and manufacturing whisky, and also having liquor in h'.a possession with the Intention of selling it- Being unable to give bond for $200 for each offense, he was taken back to Jail to await the bond, or to remain until the September term of court. W. A. Ostrander will b in the county Monday to Inspect wheat and rye Heids for certification. Prof. Ostrander is the head of the Soils and Crops Department of Purdue, and comes here in the interefls ol the Indiana Grain Growers' Association to pass upon the fields, and ascertain whether or not they can be certiüed. The American Legion Auxiliary wet with Mrs. Lloyd Morris at Pretty Lake Friday. About 2 0 were present. The fire department was called out again Saturday morning on account of the burning of some dry grass on Lake av. at Third st. The fire was extinguished with little Carnage.

Inspiration

International Nickel . . . International Paper . . Kansas City Southern . Kelly Springfield Kennecott Copper .... Lackawanna Steel Lehigh Valley Louisville, and Nashville Marine Common Marine Prfd

Mexican Petroleum 200 Miami Copper 2S Midvale Steel 33 Missouri Pacific 21H National Enamel 47 Ts Nevada Copper 16" New Haven Hallway 20 U N. Y. C Northern Pacific 76 li Norflk and Western 106 S

Pacific Oil r.S Pan American Oil S5

77U 32U

Pennsylvania 4 2U Pierce Arrow 10 Pullman 120 Pure Oil 307; Ray Consolidated Copper 16 Reading 7."r; Republic Iron and Steel 71

Sears Poebuck Sinclair Oil Southern Pacific Railway Southern Railway Stromberg Studebaker Common

rexas i.m s

Texas and Pacific 2714 Tobacco Products S32 Union Pacific 13S, United States Rubber 63H United States Steel Conrmon 0!) United States Steel Prfd 120 Utah Copper 6 3 s; Vanadium 4 5 'r Wabash "A" 3 02 Western Union 96 V, Westinghouse SOU White Motors 41 Willys Overland 8

, SO 7 . 23" 47 120 471

I Illh Low Cloo ' 472 47'i 47;' 4N 4?H 49 - 4 OS 4 6 4 6 j 7 4 I 42 41 41 j 112 fo1. S3 4 sou - 5 . - - - n -s , 4 ' 12'ä 120 120 S3 SS SS 5 2 f. 1 4 5 1 H f,?it 113V IIIs 112 f, 0 4 S TfU 74; 74 a4 2 6" 2öU 2P1: 4 CIS 61 H 130 1 2 13 0 3 74 3 7 37 7'. fi6 6 5 cr 2 2ro 25; 42 40 40 7 ." 7 4 74 4 2 si 41 41 2 0 20 20 20 28 2 57s 0 103 ie3 103 72 71H 71U 16 16 16 löiA 15 15 166 165 163 14 13 14 30 30 39 3s 3u 3?; 81 U SOU SOU 100 100 100 56 534 534 1042 40H 39U 30-i 16 4 1 6 1 6 U 46 U 45 46 24 24 Vs 24 4 403; 474 474 34 4 334 334 73 71 71 64; 63 U 63 4 120U 10; 10 10 73 71?8 71 Ts 200 179 180 23 28 28 33 324 324 21 20 Ts 20T4 47t, 47 4 47 16 164 164 20 27; 27s; 06 93U 034 76a; 75-H 75 106 r. 106 1064 PS f,6 56 SF.4 7D 79 42 414 414 10 13 19 120 im; Iis; 30 30 30 164 i4 lfiU 7S 73 4 734 71 70 70 77 4 7"U 75 4 32 4 31 31 89 88 4 884 23"s 234 234 47 120 4 12r 4 125 47 47 47 27 274 274 S4 S2 82140 138 138 63 61a; 61 09 97 97 120 633; 634 634 4.r,4 43 4 43 4 30 29 4 29 964 9 4 59 B4 59 41 8 ' 84 8U

mic-tr.o rnonrer market. lU'TTnit T:t 'jor.r: tnr: crmy pxfri 37V?37e ; "f tandsr'I STUe;

: r 32

iTpecus 3V'-J: r-ünary firsts "Kf

a ''.r lf.

At2?rlcaj 1VJ

l,l.c: firt li721c

CHKF.sf: TTr,r.J. rn ii 1 -c : Yonrg

Livn ronTUY Turkers -V; rhKken 2"V: t-roiira .trto-: feeders 1 4 2 : -A ciders-: dnck -?2tV-. POTATOES Itprelpt 71 rar South ern W!m Triimph $2 6.vd2 7J: Ali Sriulding roe f2 170 ; eld Wi Reun-1 White 51'.

Juiv ..: t2 n st v. '. .w; Cl.T u.r '3 " S S-pt ..".4 4 .4.;, 4. H .41 4U T,.K j-iiT 11. "w', tt 40 it r. tir.t S-rt 11. 11 7'i u 2 11 Vi RH j-.r.r 11 So;--":. ll.-J

riur.r.o r.-ii r.Ri. TTTinAT N 3 r-- l ?t.t,': N. 2 hri , trinvr N- 3 h.ir-1 Urk $1.1?. roKV v. 2 nilxp-l 'C V.-: N .2 white liCW: Nr.. 'J vell.-.w Vt T ; Ne. 4 wh! 61 e; .e. 4 Te'w .! '-i 'tl r OATS - N . J wbit rt.;4.V: Nu. .1

1 will:-

4 wl

ncifAco LivrTorK. ' riTICAr.O. Jim -J7. HfMjS Rp.i-pt 't.-: market n Iv tf-ady ar.J 1iV;1.jhlhirr. li.ilk 07i'-il: top 5iai; !if.ivv wf isht ;p .V. p) r ; m-li-iri : weicht 51'.4:-j1VS3; Ii -it wljht $l7V.i' !b'': liht liplit ?l! 40'-.; b.wi ; heavy ! inrklng smwü, sm-wth "J.V.i ?0 ; packIr.' ow. roi:rh 5.77';'. 4. CATTLE Irelpt sr,.oOO: ninrkft i tr"ng to irc hrhr. l'ecf c'pr Cboli'r .Txl j-rini .; f.' to 20 ; me-l'.uni nn-1 -nnd JtO.V); ;-or, flrd rhejee tVM ' .); rommon :ir.-l medium Tt'tt V : i P.utrher cattl lleifrs $." IVvfx s ; cotvj :$4'.7: bulls $4.10-1. 40. Civ.rer and rutj ters Crw and heifers f '' 1 : nnror j teers $3.7r.3: Tf.al calves $7.2.VjO; fedj r steers JjCC.TTS; striker fleers f.'.i I

SHEEP Kneipt r-m: markt

; roiarn S7ri V2

tJi.'.. ewes i.. ..'ti , j,i ; owef, eni

j 11.-5; fe.Ier la-Cbs $11'-: 11. -'. rilKAGO GRAIN RANGE. ' TTT1EAT

.iilr 1.11 1.14 1.11 Sept 1.12 1.1. V 1.12 Pec. 1.13 IIS', l.lji, CHN-

IMHWU'OUS I.IVf.sTOCK. INDIAN AIM)!. IS. J-ir.p -7 IK HIS Re-eit-ts P.s: ir.irkrf lr.'Jo"' !-wr. Ufr r.a vle $!0 fw.j 10.75: tnediam railed $! 7."-'i li : eomnii-Ti ch- -e $l".ö'M.ii; tulk of sales $!0.7.f 10 nT.

fOLTii iien:i MAriRirra. iCrT-t-! rIJy hy II. A. rtow. W lllrhlrn it. Thon l.lnrm'.n ::J3 ) it Ai. fTRT and rrrn. TIMOTHY .Srlllcc. T-r r.a cr.nvri:-Mdi.in. rd. Ml.'.-s 117. st pan r.HA.-s ;::r.r ' r-w. MILI.ET-Corv.cr.. ,.'.r.Z f 1-75 ba. AL51KE Spiling-. l4 nimraoth rd. Jl; wt cloTr, II. ALKiLFA Sf !l!t, i4. SfY DEANS-J3' 4.

sr.r.D ror.N $2 HAY raj. r;. JIl; ppr irn. OATS Pay in?. 0: f COW PEAS-$11 M.

r.rr market. iCerrrtrd Iily tr th VtW Mil! riocr od 1 red Co. 4t0 5. Uirhtfa iW I'hone Main H.)

cnr.N-rar'.re : p;..cr Ta:y.

Ills? f7T2 taf. 50C-.

Ti:.

SHItrr Trel;,ts 4": tnarkpt Ptady. T'H 1 Mil CALVES Ri-fe'rts 1; market Jl lowrr. To-p 11 Tfi CATTLE Rroipts IST; m?.rkf trailv Stcc-rs '.' '-'-' cows ar.d hIfer J2, wo.

CLOVER bllLl Paj uz

Jl.va 1. ALSIKE CLOVER Filing. t.40tV ALFALFA NortkPfn rrown. Sit. nirR! and TAi.Lorr. (CarriH Hally by S. W. I.ippm, Ji '. Ml t. Mln l. trmrc r-i'v- ir 'i..

TALLOW Rpn!r d. 5c: to VEESWAS-Zl'uZZc per lb.

ea.t iirrr.i.o livestock. EAST RPFEALO. Jun 1'7. VT1 LE

Rocelnt 7" Yf n-l ; rn.irkpt ntirp. Sh'r,-

butrhpf prifl

"'7; cows $2.'V

6.23: bull -'! .Vt'-i 3.23 : milk rows anJ

pirff cfp"rs f.lTvj Vt : $7.-V''l s, ; heifer W .V"

f 12.2T.fi t.l..i; cull nl j Ktr iiffor .2--.f 1

yearling wethers JS.73-.I I CALVES Reetr-ts 3 23

1 an-l I Cull to rhdice M'j 12 ..V.

mirkpt actlT.

vrniAT. roRx. oats. etc. (C'rrrrtrd Dally b D. H. Mnrn. Mill. Hrdraollc ar. I'hone L-3K7.) CORN l'Tinr .W rr bu. OATS I'tTirg 4r. iJL)DLINÖS Selllr.c. f 1 V ea nATS-Sdllrr 0 bu. loRAN-SclIlr.; i 33 cwt. RYE rn Tine sv-. H:RAT'H FEEP-PÜtcr. J2 23 cttL

WHEAT No. 1, r-iy'rr $1.10

COMMHTlCIAIi TO.TICS. No definite conclusion reached -on coal strike at conference between Tres't Harding and heads of mine workers. Call money touched 5 4 percent late yesterday. Anthracite miners under suspension of work since lat April, vote to strike. Russia's chief deirate to The Hairue conference Insists credits to Soviets be dsicuwed ahead of Russia's debt to private property rights. Representative mine operators to present their vide of ccal Ftrlke to Pres't Harding' within few day? following which joint conference of operators And miners will he called.

DULLNESS MARKS EXCHANGE SESSION

Flood of Selling Orders During Last Hour Causes Prices to Melt.

1 lines having apparently carried prices too low to bo any frre.it incentive. Unusual absence of selllne I pressure led shorts early to anticipate an upward swim? In the market, i Active bidding on their part was !soon accelerated bv efforts of ex

porters to obtain both hard and red winter wheat here and by competition from millons with Xo. 2 grades commanding a premium for immediate delivery as compared with

i July.

Dry weather complaints from parts "f Iowa and Illinois were bullish factors In the market for corn and oats. As In the case of wheat, offerings were lUht.

NEW YORK CURB MART CLOSING

NEW YORK, June 27. Seasonal dullness and Irregularity prevailed In Tuejdayy's stock market until the last hour, when a flood of ellir.n; orders, evidently precipitated by professional interests, caused prices to melt in every direction, the list closing with a weak tone. Mexican petroleum opened with a

five-point Rain at 2C-0, this soon In - j lnp followed by a reaction with a'

final price of ISO. Contrary to recent movement?, ralla seemed more vulnerable to uniuvorablo industrial conditions. Losses of one to almost three points were scattered throughout that proup with especial pressure again!' St. Paul preferred. New York ar.d New- Haven. Steels, equipments, motors and shippings were caught in the general liquidation. Baldwin, Stude

baker. Crucible, KepuMic. U. Kuh-i

bor and Mercantile Marine prefer

red, showing marked heaviness. 1

Sales amounted to 300,000 shares Call loans opened and renewed ai

5 per cent, reflecting tho drain of!

local reserves In connection with Coming1 heavy July Interest and dividend payments, easing to 4 per cent later. An urgent inquiry for tirrt-e fl'itlg caused SO and 60 day rates to hold at 4 per cent against

rtxeiu ai o "4 pt-r iTiu. ,E!k Fac!n. 10Ti Foreign exchanges were d I.-posed ' Federal. 1" Tg to strengthen at the outset, falling j Or.rock. IS 4 back, however, before the close or j Harvey, 2 asked

Thomson and McKlnnon. Aetna. 13 bid A. W. Paper. 4 4 U Allied Packers, 14 ir Light. 73 75 Cities Svc. P.ankers. 22 4 ' Cont. Mtrs.. 7 ' ; Perfection. .14 4 Phil. Morris. 2 0' Ts Stand. Mtrs., 4 4

Too. I'ni.

Prod. Ex. Pft. Shrg.

l2 8

i. n;. I'. S

Ret. Candy. 7 Llsht, 14 vi

ch!n - o

Wayne Coal. 1H i Wright Coal. 14 Wricht Martin. 2 3 Allen Oil. 30 40 Allied. 33 lios. Wye. $ß 9 0 Poor.e. 17 19 Ca rib. 74 s

the market. Sterling lost a moder-llnt. Pete., ate fraction but recent heaviness in i I,iv;r.r?ton.

l 4

French sumed. tances.

and Helglan bill was reOf the several allied rcmiithe Italian rate alone held

Marlmd

Merrit.

of M"x., Ss3

10 4 "4

W. Reft'.. 200 bid

comparatively firm. Neutrals made i X. A. Oil. 3 4 uo part of their setback but the new'XnKe. 24 2

"nationals" and tho Austrian rates displayed further weakness.

-4

KKXYOX CO KD TIKES. WON at Elkhart Sunday DEPENDABILITY: the reason. Convince yourself. Try a pair. COLLMEi: BROS. 107 Lincoln W. E. " 182 a, ra.

WHEAT PRICES CLOSE STRONG AT CHICAGO CHICAGO, June 27. Disappointing threshing returns, Together with enlarged export and milling demand, had a decided bullish effect Tuesday on the whe-at market. Prices closed strong. 2 4 to 34 net higher. July $1.14 4 to $1.14 4 and September $1.154 to $1-154. Corn gained 4 to 4; oats S to 4. and provisions 2 4 to 5 to 7 4 cents Adverse threshing reports came chiefly from Indiana. Ohio, Missouri und Nebraska, and were much more numerous than has been tho rule heretofore thi season. Coupled with this was the fact the farmers setmed to be offering new wher.t in only & epaxing manner, recent de-

310.. IS 4 4

Pennock. 7 4

Prod, and Ref., Ryan, 7 S S Silt Creek New.

Sapu'.pa. 4 4 4 Fimms, s x; Skelly. 10 4 U Fkc-llv, 10 4 4 A. B. C. 3 4 4 Big Lodere. 12 13 r.c. ar.d Mont.. 15 1" Cor. Copper. 60 62 Cremen. 2 4 4 Divide Ex., 16 IS Goldftd Con.. 6 4 4 C.oidzo.ne. 9 11 Hecla. 6 4 4 Jer. Yde.. 4 4 4 Jumbo. 3 4 Kerr Lake. 3 4 Macma, 2? 29 McNamara. 7 S M. Lode. &4 4 Nip., 5 4 6 Ray Hercules. lU

3 -i! SHEEP AM I.AMltS-Kw!! ti

J mirkot active, (h-nir lans M.V-;13: cull j to fair $v3rt f-1 ;::.:-; ye.irlings $7'J10.,; i hep 7 1.144' HOOS Rfrn'pr . 10.2O: nirkt rtlr

1.154 ! Yorkers 11 'K 11.73; ric 11 ft-Q 11 7S ; : Fl 1.14 '. raised $11 4"i.'.ill.Ot : ho.-jvr $ll.C3rrll.40; !orn

troughs fS'Ci; stags J. 1

riin :.l-e. S-v. 'Mnf. 4?c

lCTT-rtfi Dally I JO Main St. PET l ER-PaTlng

FRESH E(;.S Parins. :; 30- .17. n.

REITS AN! VEGETARLFS C:

rni rTi rranrps. .'? acz.

CAR BAG L Slii&. 5c lt.

1UL

IUI

9 A. M. to 6 P. M.

Saturdays to 9:30 P.

I INTEBUBBAN DAY

VALUES

provide an excellent choice of merchandise for household and pcri5onal use. They include many attractive items for vacationists. You will find it profitable to do a great deal of shopping on Ellsworth's Interurban Days. Below you will find many timely, attractive values offered for tomorrow only.

2 1 liivii linpui Lvvt

Embroidered Voiles Mary different embroidered fienres including rinpr. dot and eyelet, values up to $2.50 yard, tomorrow at

$1.45 Yard

It If a matter of a few hours to make a pretty summer frock of embroidered Voile as frock styles are very' simple this reason.

Scotch Tweed An easy way to insure a successful vacation is to wear omethinjr of Tweed a t-kirt, jacket or knickers for motorinsr or camping:. You have a selection of inch Scotch Twerds to choose from tomorrow, regular $2.25 values, at only SI. 95 Yard

Silk Crepes peem to hold first pl.ice and Crepo de Chine Js am on.tr them tomorrow we offer a fine $2. 0ft quality Crepe de Chine in white, flesh and pink at $1.79 Yard 40 inches wide.

Bungalow Aprons at 75c Cf-ol and poo-1 lookintr Bungalow Aprons in very fine quality and charminq g-inghams and percales, at this low price you will undoubtedly see the advantage of purchasing several all colors, all size--.

75c (TP r

Table Cloths TVhat if "5?u!a" doe spill the dish r-f t-erri' on the tabl cloth. It ran easily be laundered and you can purchase a fine new cloth at Ellsworth's for only

It ha a Mp and

DC colored. regularlv

s-.il Topf-d slls for

Cambric

has so many different tomorrow we f.ffr a -ty at

29c Yard

Pillow Tubing In summer pillows seem to get soiled over night, you wish you had a dozen pair, why no: make up a fe-,v more. 4'r pillow tuning, free from dressing, tomorrow, in-terurban dy, at 34c Yard $4.95 Feather Pillows at $3.00 Pair Fir.e quality that would stand the te-st and strain of a honest to goodness pillow fight. Hang 'Em Up

Boys' Wash Suits "Whoop la!" Summer games are in full wing and boys will be boys, but they're awfully hard on clothes; wash suits are the thing, easily washed. and they're Mentioned here are five value.in sizs from 2 to ' yrs. 2.2.' nnd 2 '0 suits at..Sl.n." -?3.2.", .Suits at SH.Or, 5 4.00 SuiLs at Sli.i:.". 5ö.."0 h'uit-s at .Sl.."()

m 1 i

On Your Vacation

you'll r1 t'.vo pairs of fine, lor.g full fashioned '.!k

V ,

wea r: r

lot k :

'. LT ."5 .

a pood story brok ar.i 1 of silk glovoj. .o ths? itf belonv should be extremely terestlng to you.

Full

Inga in

a f.n

a.l Sl.K ftorK-

0 0 quality, at

29 V -

$2.55 Pair Any popular copyright book In et-ock at flOo.

A look

pair ot trousers or skirt much better and give bet

ter service if hung or. a h-anger after each wearing. Tomorrow, 10c hangers at 7Voc Each

$5.50 Silk Pongee Shirts at $4.95

Silk glove; at $2.10 pr. at $1.65 pr.

ar.y

o r

g.OV. glov

shirts of silk pongee tailored arvd have de-

I r. e r ar-1 well

tachable collar, fine for

ing or general sport wear

Art Goods Section You spend many hours on the porch nowadays; vvhy not work on a pretty stamped and hemstitched 36 inch Centerpiece, regular 75c value, at 50c.

Li. m m r

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