South Bend News-Times, Volume 39, Number 306, South Bend, St. Joseph County, 2 November 1922 — Page 4

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THE SOUTH BEND NEWS-TIMES THURSDAY MORNING. NOVEMBER 2. 192

1 pp

PRICES CONTINUE

DECLINE ON MARKET

Believe Reaction Near End, However Launch Heavy Attack on Stccb. NEW YO UK. 1. (Hy A. P.) Ir2re In todays f.ock market con tlr.ued to decline but thre wr Indication that th? current rf-act!on w neirlr.g an -r. d. liny rar on the belief tnat th liquidation hid run t course imparted stn-r.Kth to a numbr cf harcs at the cjiT.ir.;; but speculators for th decline launched a heavy attack Atrair.tt te;l and Mx:r.in oils, which again ur.ttleI the JLst. Th raid aalr.i (m! uaa La.--1 on the comparatively htaII earning of the L'nlf-d ."-'stes Fteel cor poratJon for Sepf-mb-r which to. tailed only 17,727.721. as against lll.324.05J th mo; th be for but Lull Interests point-. I out th.it tho decrease could bo r-xpl.ilnM by the fact that Septmb-. vaj a short month, that freight car shortage nr. J embargo had hU up shipment at tho mlll ar. 1 that prir. advanes to counterbalance tho Hpt'mber wat Increase- did no', become effective until Oct. 1. U. S. Stfl CmmWw.' United State Steel common, crubled to 103 1-5, a r.e'A low for the movement but later rallied a point for n. net loss cf n-4 under lar r.!i;ht close. Iiethlehem ,"B" was down more than three points at one. time but recovered a'.l but one. Cru cible, Lackawanna. Republic and Vanadium also made Kood recoveries aftr early rna:. If eolations of w cikne?. Mexican Petroleum, only 50.000 shares of which are now reported to be outstanding In the hand3 of the public, was a?ain ynhjectt'd to professional pressure, .vilTerlns a net lot of two points while Pan American I after having dipped to 82. closed at 85 for a nt Iosh of 1 1-4 points. Standard Oil of New Jersey njr.aln displayed nnrkeri Ftrergth. climbing 5 points ard a better tone also was manifested In Standard Oil of California and Pacific Oil. American Can was one of tho strong features, paining 5 1-2 polnt as a result of a bri-k rally in the fnal hour.

"ferred had an ur.?fttllr.s; crfec:

a rthr motor hartfc la the ir'.j

d'-alint.. but cood buylr.p power d. -

' If;ei In Studebaker and Chard'. r

hich carried those stocks ore a:. J

two point", respectively, above las

nlyhi'a final flirurei ll-hcr Pnd. which recently enjoyed a spr.satk r.a! rdvance, flumped nearly four points today. Heavy professional pr'-sur aa!nxt equipments forced th liquidation of tome peculativ"s showing only small fractional decline cn th--day. Tradln: In ral's was :u-;;:.h but Louisville t Nashville. Iik Ilrie & Western, Deleware HuJmui and Frisco preferred were iu'.U w-ak. Total sales were 1.128.000 nhare. Call money opened at I pfr cent and then Jumped to 6 per cent wh : reif closed. Th tlmo and commercial paper market were o.uiet with nc rhr.üpe In rates. Tradln? In foreign exchange w.s cuiet because of the All-Saints holiday, observed abroad. Sterling i.rid steady around 14.43 1-2 and the cor.tinental raf.f.s were f.rm.

WHEAT PREDICTIONS CAUSE PRICE ROOST CHICAGO, No. I. (By A. P.) Assertions: that tho winter wheat acreage of 1922 would show a reduction of 10 per cent compared with last year, had much to do with bringing about mora active dealing's and decidedly higher prices In tho wheat market today. Closln quotation! were unsettled at net pain of m to 2 cents with December 116 and May 114. Corn finished 1 9 11 to 2 cents up; oats at to cent advance and provisions varying1 from 5 cents decline to a rise of 2 cents. Loss of 10 per cent In winter wheat territory would mean 4,500,00 acres and according: to the experts responsible for the estimate, the outlook for the winter crop is the poorest for ome years both as regards acreage and condition. Previous to announcement of this Information, the wheat market had been exhibiting a downward price tendency largely as a re&ult of rains which were expected to help wheat already planted Although too late to remedy much loss of acreage. Corn and oats developed independent firmness owing to estimates that the total available supplies of rorn for the fpnffon would bo 4ns,000.000 bushels lc than was the

Atchison, Pi! !w!n Lot, motive Pvi'tlmore end Ohio P'th!h''m St'l "P."

Lrooklvn HajWl Transit California P trr u ai . . Canadian Pardrr.r.:ral Lath-r

102H 4 9.

70

LI 1424 37

C h f n p r a V e and Ohio Cl.:cao. Müwaiilsf .' n I Ft. Paul Com. "hl.-a'o, Milwau'K"- .rl St. Paul Prfl. airo and Northw"!ern Chi--afo, Itoek Island an I IVoria ... Chi .tzo. lic k Island in I Peoria "A". Ch:-a. Uo-k Islan 1 and Peoria "It".

Ch

Cop 1'T

72 p.

. 43H ST

Acute weakness ( f Pirce-Arrow rnso a year npo

MARKET SUMMARY

Open Illsh . Low CIopp Advance Humely Prfd 4SH 48,2 AllLs Chalmers 4 4 44 U 42 44U American B"t Surrar 38 38H 38H 33 American Can Co 69 74 U 69 7B 74 American Car Foundry 179 191 179 V 179 American Drug Syn licate 5 Ts 5 Tt American Hide and leather Com..... 11 ri 11 American Hide and Lrather Prfd 68 69 68 69 Ami-rican Industrial Corporation 30 30 29!& 30 Am-erican Locomotive 124 125 1 2 2 1 i 123 American Smelting 55 Ji 56 53 55 American Sugar 75 73 73 74 American Telephone and Telegraph ... 1 22 123 122 123 American Wool 06 97 93 D7 Anaconda Copper 46 4S 46 47

Ch:no Copper C.'orad' Fuel and Iron Corn Products Crucible Stee; . , Cuba Cin1 Sugar Frl Common Oneral Llectric C.f r.eral Motors Common (loo-l rich (Jreat Northern f)re ... C.r( tt North-rn Ila;lay I n ten1! t :n.! 1 Ha r vaster Industrial Alcohol .... Illinois Central International Paper ...

Kansaa City Southern Kelly .Springfield . . .

Kennecott Copper

Iwi.tkawanna Steel Ihlffh Valley Marino Common .... Marine PnM Mexican Petroleum . Miami Copper Mldvade .Steel Missouri 1'aciflc National Enamel ... Nevada Copper New Haven Hallway . New York Central . . . Northern Pacific Norfolk and "Western Pad 1c Oil Pan American Oil ...

i

i

. 24 . 29 .126 . 76 . 12 . 14 .17; . 13 . o - . 34 . .103 . 6S 112 56 . 20 . 39 . 31 . 79 . 6 . 11 . Kl . .221 . 25 . 30 . 18 . 64 . 13 . 29 . 97 . S2 .118

45 88

T" 1 f 41

Peoples Gas 91 Pierce Arrow 11 Pullman ....125 Pure Oil 23 Railway Steel Springs 114 Ray Consolidated Copper ............ 13 Reading 80 Republic Iron and Steel 49 Sears Roebuck 82 Sinclair OH ........................ 31 Southern Pacific Railway 92 Southern Railway 24 Stuilchaker Common 123 Texas Oil 47 Texas and Pacific 26 Tobacco Products 52 Union Pacific 144 UnltM States Rubber 51 United States Steel Common 104 United States Steel Prfd 121 Utah Copper 62 Vanadium 39 Virginia Chemical 25 Wabash "A" 28 Western Union 110 Westlrrghouso 59 White Motors 47 Will- Overland 5

io: 130 49 70 1 ' 51 143 37 61 73 :s 43 S7 39 ss 24 :r 29 127 I 12 14 17 13 32 34 90 104 cs 112 5 6 21 40 32 80 67 12 53 22 26 30 18 67 14 29 97 83 119 46 89 48 92 12 127 29 13 81 49 S4, 32 92 24 1258 47 26 144 52 105 121 62 39 29 110 60 47 6

101 127 4 61 16 50 141 37 5 9 72 27 4 3 33 M 23 23 29 123 73 12 13 174 13 30 3 3 9 103 66 112 54 20 39 31 78 fi 11 51 217 26 23 18 64 13 28 96 82 117 44 86 47 90 10 125 28 13 79 47 82 31 90 23 123 47 25 143 G0 103 121 60 25 28 109 59 47 5

(Quotations by Thomson and McKinnon.)

NEW YORK LIIJERTY P.ONDS. United States Liberty 3's. 5100.58. United States Liberty Second 4's, $9 8.32. United States Liberty First 4'e, $98.42. United State Liberty Second 4';. 98.34. United States Liberty Third 4's. $9S.74. United States Liberty Fourth 4's, $98.56. United State New 4's, $99.88. United States Victory 3's, $100.34.

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"Nothing quite like it so csweet', so mild"

I); trlt.uted by (a:n:i:on-lIarrls Co. Sr;üi P.end. Ind.

Where does Dutch M.asterr- t;et its wonderful flavo

so "sweet,, so mild? From two small tropical islands ten thousand miles apart. Java wrappers are unsurpassed, and Havana filler tobaccos from Cuba are the world's best. Dutch Masters cigar gets both of these imported tobaccos, put together by hand workmen of top skill. There is nothing quite like it. Dutch Maiteri Cigar li made by Comoliiated Cigar Corporation New York

Seven Shapely Sizes 10c 2 for 25c 15c 3 for 50c

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io:; Chicago iroihce marrf.t. 12S j nPTTER-Keeeiptii t;77 tul. Crar.)4S ;r' 'I!r,1 47c; fftra firsts 42fL4CU: fSj nrr''' 3tc; xarkiKff stock 27Vj lG l-iiS HeeelPtü 4000 e. VtM'iin.

If-. no i. 1 v.-. '? 1

rrs i.'4i-.': c-ows avi i. - .

TIMOTHY-?'"?! Tf

V; checka IP'.iV:; dir.i 2D

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Clinr,:F.-Tirini.

61 73 42 S7 39 96 85

new. 2lt24e:

r4S,'J:24.c: Youn A-r.-rL

f-c; L-süorns 23-V;' brick LIVE rOl'LTRV-Tnrker rhlcker r rises 17c ; " root. r 14ft-'- lt.': duck i:v

.'..: M.nn.. marked V,,V: Iti Ilirftii, Vi:.I-5i to in. o-aio; 70 M M 1112: to fo no ih.'vi-i...

IT,, Ihk"k- 24'rlV: overweiatri to 17.-; lbs.

29 126

74

CHICAGO LIVESTOCK. miCAGO. Nov. l.-Il(rfSRereipr-

13fi:t::a w'.rht i .i.v,i s 40

176 13 31 33 9 0S lf4 68 112 3 6 20 39 31 79 67 12 52 220 26 29 18 66 14 29 97 83 119 45 88 48 90 12 126 28 114 13 S0 48 84 32 91 24 124 47 25 52 143 51 104 121 61 37 25 28 109 59 47 5

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CHICAGO GRAIN RANGE. Orn Hlzh ho

Sper.j Ptat:I that the anthracite pro-

;dactirn this !"n will pro-ably no:

Ol TlI lion MARKr.TS. ex.:ee.i 6 0 rer.-ert r.f that cf last e-a-

WHEAT I Mat ... July ... COHN

tk-. M.iy

Ju'y OATS

Pec. Mit JulT

RYE Mac . LAIti)

Jaa.

RIBS Jan Norala.it

1.13 112 1.04 ("A .41 S

l.tft'i 1.13 1.14 1.11 105 l.U3

Mf.'i 1 14

.Michigan . Thon Unroln ,"i:S9.) i

SK El MARKET. CI.OVER M.-l.v.ra rd, Uinr i

Harry th Inr-'-cervt

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from Ar.?u'..i

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J HAY. vtrw and rErn. they are from thu w'.!m-

; Elour and Ird Co.. 4:0 . Mlhltn t. l ' '

Phone Main

CLOVER SEEI I'ar'.aff ?5; elllcf

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HAY

A LS I K E ?!l!n? $10.

A LI ALKA Sellins: f 14.

-i'a.vir. Jl-i; :;:n J122 p

.ack;n? fows, m,-.tii. $7.;t.v,r7V : rs-k-

.... . vn, ',.ö-U7.ä; i-is $j

4 '- 1 MOTHY-Sott nc ? i CO nr hn

0 iinr.s AM TALI o w. 3 77 y - ! (Corrected t)lly br S. r. Mppmm. Ill j N. Mtn t. I-hone Main ?L J; IIUMtS 7',:Oc : r:fk!n in-.jl.V.

CHICAGO GRAIN CLOSE. lUiKSW A. .Oc'i IV rVr lh WIIEAT-1W. up 2c; May up 2c: 1 HIIKAT. (OU oTs. ETC. July up 1C. I (Corrects! I)ily by I. II. Morgan. 5tr CORN Dec. up 2c; May up 2c; July Mill.. Hydraulic v. Elione L-5C97) UP t COUN-l'aylrf -v ; :la? 73-. OATS Dec. op Sc; May up Vi: Julj j .TS r.i vir- 4.-; m;::eS rt"ic. t:; -. ! RYE - IM tin 5 "V. j MIIII.!Ni;s-Sei $100 cwt.

HK A.N - vlrc $1 : rwt. sc):Trii ki:ei Seiitcc -23 cwx. WlIEAi -Jn::.r fl.12 por b.i. SEEI Rt CkWIlEAT Vijlaz JL23;

R.4.1.

(MTTr.P T .

i.iv. iUr .L, n.:rr -AfiT rrrao livestock.

Ji:7;.i:u,0.i; i., ..V., -eY'V o"! HAST RI.TFALO, Nor. 1. CATTLE

P'-l ar..l fhn. .t' Ki-n Receipt 7" he-id : m.irkot slow. Trimo

h- frt, f.V-iio; ooW-," $7,. h-ir'tT - J -5: butcUer prrade $v,is; heifor $."):-";; Cllui' EEED-Jino cwt. : iI. C.mrrs an.l cu:teri.l4oi n P : ' SJ.Vfii.V2.": hull j FRCIT AM rROPrCT. j l.t !f. rs JJJT..VAO; ranr.er Steers 5 $r'a5: 0,1 aDj irincers $40l2Vj (Correetrd Iailr hy Itrotherhood Grocer, j

Cull to chol-e J1H12. j FRUITS AND YEGETARLES CallSIIEEI AND LAMPS Receipt 2vo ; fornla naval orns;ei, Sv; doxen. i

$-"rXi7.V). AVrern r.a i markets e.w. Chrt'.ee Jamba J13.7:.'i 14 : , Hl l I ER I'.iyin? 47c; Pliinz L2c.

" - i , r - i - t-Jii'i-j , i i-r, ii M. i i- i: i vi i i - i - i - . . , in.. r.- .

HOGS Receipts market pKw.

veil ralve. 1 i - - h t end h.in.lr wpirhfM

...-j; i f-eder stri J.VaS: P-tok-r 'o..'wp

f!iri,,f-ii0: ows an'1 heifers $.4TmVM. -.ri-M Receipt, EKirket

a:'J. lu ' jower. Fat lanh sin.'.r

13.: lambs. cul and oomraon Kn:iyearLnp f lftff?i2.fii: w-tbrs r7';;V): 5,71 Mr.oq7.73: ewe. eirll end eommoa r";': JT11 $4 J0 5? 11; feeler lambs $12.0Kfl2.7.V

INDIANAPOLIS LIVESTOCK.

INDIANAPOLIS. Nov. 1. HOlS-Re-celprs i.-p); aiarket f.o lower. ju,t heavls medium mixed $s..m; common clioi r.r, bulk of !. S4

SUKKI Rwlpts cA); market rteady, lop J.iOO. '

!;iVLV:S.IwP.Irts 000 : marl 60c Iwer. Top $10. .A CATTLE Receipt 700 ; market oteady.

: marxet pkw. i j r

Yorker fOq 3.2ft: p!c fS.i": mixed OQl dtlUailOn IS i Oil

Ht.2Z; hf.ivv J'3.).25: rougbs $7.2i 7.,V : stag-8 $0.70.

CHICAGO CAR II GRAIN. wnr.AT-.No. 2 red $1.30'.? 1.23. CORN No. 1 jellow 70fr71?: N. 2 yellow V.Hrt71.? ; No. .1 yellow GTr-t

.Oy; No. 4 yeuow ik'.i jic ; No. 1 mix

mixed fiUifOV: No. 4 nixed wV: t?. . ,v ; ' Jac'n 0t; No. 2 white . 70e: No. 3 whit I "iTiJUtnr Sfena .a:d tod

70v3e: No. 4 whit.; '.: 'iftjiv.e.

OATS No. 3 white 4.-ir,j-i;ie; No. 4 white 40c; standard 4K.i41c. BARLEY f'i?. RYE No. 2 n5c

Regarded as Satisfactory VTASHI.YOTOX. Xov. 1. (By I N. j f ) Industrial usors of coal are be- ;

, pinning to accumulate some rt- I

Ff-rvo. and the g-eneral steam coal f-itt:ation mny rrnvr be rep-arded ns

eral Flie! i ay in sum- ;

marizlr.cr th rrcer.:' coal outlook.

While In tho greater j-art of the ; country, supplies of domestic bltu-;

minous coal arc fairly wdl assured

11

AT

LAST

Genuine

FRANKLIN COAL WEST VIRGINIA SPLINT For Sale by Arthur N. Miller Main 1711 520 E. Sample St.

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Copyright 1922 Hart Schaffner & Marx

Keep him warm and well dressed-

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You'll get lots of satisfaction in seeing how stylish your boy looks in these overcoats and in knowing how happy he is to wear one. Full belted swagger Raglans rich and smart plaid back fabrics. These Spiro overcoats are wonders. See them!

15

0

m

$35

Spiro Junior Overcoats for tots 1 to 10 years; manly tailored; Raglan shoulders; $10 to $35.

Shewerman Mackinaws; weatherproof and storm-proof; all wool fabrics; $10 to $15.

1 Spiro öi Co

The Home of Hart Schaffner & Marx Stylish Clothes

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