The Indianapolis times. [volume], September 09, 1922, Home Edition, Page 11, Image 11

About The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965

Image provided by: Indiana State Library

                
SEPT. 9, 1922
35 FINANCIAL.
(Continued)
PERSONAL
•LOANS
§ fl(0) ti^3ol
Tlus ofliee is operated under the super
vision of the State of Indiana and waa es
tablished for the purpose of providing a
place where honest people can borrow auy
amount from SlO to S3OO without pay mg
more than the legal rate of interest or
without being imposed upon in any way.
It Is only necessary that you are keep
ing house and permanently located.
NO WORTHY PERSON REFUSED
We do not notify your employer, neither
do we make inquiries of your friends,
relatives or trades people.
You can have all the ume necessary for
repayment and pay only for the actual
time you keep tne money. Call and let
as explain. No charge unless you borrow.
Loans with other companies paid off and
more money advanced at legal rates.
IF IN A HURRY PHONE
MA in 2923.
SECURITY MORTGAGE
LOAN CO.,
Rooms 205-7-9 Indiana Trust Bldg.
113 E. Wash. St. Corner Virginia Ave.
REAL ESTATE and insurance.
TUXEDO STATE BAXK.
4304 E. New York. Irvington 2803.
OUR "wants" will flu your wan la. be they
selling or buying ones.
37 _ MONEY TO LOAN
•® IMETf
Investigate our casy-to-pay
Twenty-Payment Plan Loans.
Get Sol) pay back 52.50 a month.
Get SIQO. pay back $5.00 a month
mu-rest a; 3V. rii per month.
You pay only for the actum
time loan runs, enterest is charged
only on the actual amount of cash
still outstanding. Come in and
get free Booklet. ' The Twenty
pavment Flan.” which describes
everything fully. All business
confidential.
W Loan on Furniture. Pianos.
Viclrol.xs. etc.. without removal.
Also on Diamonds
lor long or short time.
Call. phone or write
iiiuiuiict Collateral
Loan Cos.
Lenders. >
jtc't l 1 R 7
201 LOMBARD BUILDING.
kasi Washington st.
Mam 328t>.
CONFIDENTIAL
Quick Loams
Up to SSOO
On pianos. Vietrolas. household furniture
and guaranteed notes. Loans payable in
one to twenty monlhiy installments. Legal
charges based on unpaid ba.ance lor accuai
time used. Loans with other companies |
paid oif and more money advanced. Hours
0 ta 5:30. Saturday to 1 p. m. Call, write
or "houo Circle 16-6-9.
Beneficial Loan Society
001 National City Bank Bide.
Licensed by State Banking Dept.
Appil anon received at 2952 Clifton St.
LOANS
cn furniture. phonos. autos, livestock, farm
implements and other collateral.
141 La E- Washington St.
UArxiUL. -luAjN GO.
Main 0585. Auto Lincoln 7184.
FIRST ar.d second mortgages on Indiana
and Indiauapous reai estate. R. B. WIL
SON. Hoi National City Bank bldg. Lin
coln 6104.
MONEY furnished on realty mortgages and
contracts. FR 4NK K. SAWYER. Me
ridian Life B.dg.. 307 N. Pennsylvania
Street. Circle 1061.
to loan on second mortgages. L. B.
i.EGAL NOTICES
NOTICE TO ROAD CONTRACTORS
State of Indiana Switzerland County, ss:
Notice is hereby given that the board of
commissioner* of said county, at their office
in the Courthouse at Vevey, Indiana, will ;
„ receive - -n.-tl propose s for the improve
ment of a certain highway 13.810 feet in
length, in said county by grading, draining
stone as set out in the
specifications, pinas and profile now on file
in the office of the auditor of said county. ;
by and under the laws of the State of In- j
dtar.a. Said seai.-d proposals will be opened .
and the contract awarded for said improve-1
ment on the 2nd day of October. 1922.
Bids or proposals wi'l V* received up to 1 [
o'clock p. m. on said date.
The said road to be improved is located '
in Cotton Township, in Switzerland County.
Indiana, and !■ to be known as the Harry
Sci-dder et al road when so improved.
Bids will be for the completion of the 1
said improvement in accordance with the |
p ans, profile and specifications in the offecel
of the auditor of said county, and shall in- i
elude all labor and material for said work, j
In no case will extra comensation be allowed
for any additional work alleged to have been !
done bv tiie contractor or contractors to
whom is awarded the contract
Each bid shall be accompanied by a per
sona! or surety bond in a sum equal to
double the amount of the bid filed for the
work bid on. to be approved by the board
of commissioners of said county. Said bond |
shall be conditioned for the faithful per- i
formanoe of the work: the sureties, if per- i
sonal. sha i be resident freeholders of the I
State of Indiana, one of whom shall be a '
resident of Switzerland County.
Said bond shall be for the benefit of any
. person, persons or corporation who shall
suffer any loss or damage by reason of any
such bidder failing or neglecting to enter
into a contract to perform such work
awarded by the said board of commission- j
er* or to carry out the same in any partlcu- j
la- or to pev for any labor or material l
which may have been furnished to any *u<-h ;
co. .-a tor or contractors or to any sub
contractor. agent or superintendent under
him. in the construction of said work
Said improvement will be let as l whole
to the lowest responsible bidder upon affl
dS t of no o’.! - ,n. which must be sub-
CBped with the bid. and upon failure to
Triuiut such affidavit suen p.-oposa or bid !
will be rejected by the board: and the board ’
• reserves the right to reject any and all bids.
Time for the completion of said work will I
be agreed upon after the letting of said !
contract by e. id board of commissioners and i
successful bidder.
Given by order of the Board of Commls- j
sinners of said county.
YY\ A. REEVES.
Auditor Switzerland County.
' TREASURY STATEMENT.
Monthly statement for August showing
ba'ance in the State treasury at the close of
business Aug. 31. 1922. as appears in the
office of auditor and treasurer of State:
Balance in treasury July 31.
1922 $5,663,308.05
A.ugust receipts 3.113.067.70
Total $8,776,375.75
% August disbursements 4.068.047.48 .
Balance on hand $4,708,328.27 I
BALANCE BY FUNDS.
General $ 301,363.88 i
Road 690.039.35 I
Fire marshal 49.427.2i 1
Highway commission 1.548.810.T7
Hydrophobia '-’0,513.04
Vocational education 88.377.16
School revenue for tuition ... 056,311.17
Educational institution 94.201 2$
Unclaimed estates 47.648 03
- Gomn.on school 24.949.62
Sale State 'ands 11.667.12
World War manorial 527.053.77
Auto theft fund 285.130.80
Agricultural experiment station 67,773.08
Total $4,708,328 27
Outstanding warrants 37.724.50 -
ORA J DAVIES. j
Treasurer of Stats.
WILLIAM G. OLIVER.
Auditor of Statm
' STATE*HIGHWAY* CONSTRUCTION.
Notice is hereby given that sealed bids
will be received by the director of the State
highway commission at the office of the
State highway commission in the Statehouse.
city of Indianapolis, Ind., until 10 a. m.. on i
the ISth day of September. 1922. for the
construction of a certain highway and de
scribed as follows:
Number. F. A. 38: location. Lincoln high
' way. La Porte County. La Forte to Rolling
Prairie: number of miles. 6.077.
•lids will be received on three types of
ement. bituminous concrete, concrete and
.iminou? nouna macadam surface on re
constructed a:' ! new water bound macadam
base course, on th“ above listed project, as
shown on the plans and described in stand
ard specifications for same.
*■ I “reposal blanks and specifications may be
obtained free, and plans upon payment of
*5 00 per set. upon application to the State
highway commission. Indianapolis, Ind. No
refund for plans returned.
Plans may also be seen at the office of the
State highway < ommiasoin. Indianapolis. Ind.
Contracts will be let to the lowest and
best bidder, but the right to reject any and
all bids is reserved, if any cause exists
- therefor. Bidders shall file bonds with the
bids as provided by law.
J. D. WILLIAMS. Director.
Indiana State Highway Commission.
39 LEGAL NOTICES
INDIANA STATE HIGHWAY’
COMMISSION.
BRIDGE DEPARTMENT.
NOTICE* TO BRIDGE CONTRACTORS.
Notice is hereby given that sealed pro
posals will be received by the director of
1 the Indiana state highway commission at
his office in the Capitol building, in In
dianapolis, up to ten (10) o'clock a. m...
Sept. 18, 1922. when all proposals will be
publicly opened and read. The work con
templated is the construction of the fol
lowing bridges on state highways:
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The plans and specifications may be ex
amined at the office of the state highway
commission in the Capitol building, or
copies thereof will be forwarded upon a
payment to the director of the amounts
designated above. No refund will be made
for plans returned.
Each bidder, with his proposal, shall
submit his bond payable to the state of
Indiana in the penal sum of one and one
half (14) times the amount of his pro
posal with good and sufficient security to :
i the approval of the director. Such bond
i shall be only on the form specified by the
I director, copies of which will be fur
| nished upon request.
If any bidder desires to submit a com
bination proposal on two or more struc
; tures of the same or different types of de
sign, proposal blanks therefor will be pre
pared upon request, providing such request
be made at least three days prior to the
date of letting.
Bidders on the flooring Jobs are invited
to submit proposals for the new flooring
alone, the painting alone, or for the floor
ing and painting combined. Plans and
specifications for the painting alone will
be forwarded free upon request.
The right is reserved by the director to
reject any- or all bids, or to award on any
combination of bide that in his judgment
is most advantageous to the state of
Indiana.
INDIANA STATE HIGHWAY COM
' MISSION.
JOHN D. WILLIAMS. Director
NOTICE OF HEARING OF RESOLUTION.
Office of the board of park commissomera
of the city of Indianapolit
To whom it may concern: Notice is here
by given by the board of park commissliners
of the city of Indianapolis. Ind.. that it is
desired and deemed necessary to make the
following described public improvements in
the city of Indianapolis, as authorized bv
the following number'd Improvement Reso
lution adopted by said board on the 28th 1
day of August. 1922.
Improvement Resolution No. 34. 1922.
“To Improve Fall Creek Parkway, north I
drive, from a point seventy and five tenths
• 70.51 feet northeastwardly (measured on ,
the center line of Fall Creek Parkway, north
drive) of the east property line of Talbott St.
To the *outh property line of Thirtieth
St., including the wings of the lnt'-secting
; streets and alleys, except the Ontral and
j College Ave. Intersections and the double j
strength street and alley crossings.
! By removing from the present gravel road- j
I way from curb line to curb line to aunt- j
! form width of forty (40) feet and wings of j
i intersecting streets and alleys all old road
oil deposits: scarifying same to a depth of
not less than six (6) inches; grading, shap
ing and rolling same to conform to proper
grade and cross section: providing new
gravel or crushed limeston* for the roadway
j in which the gravel after compaction, is less
! than six 161 Inches; providing and placing!
I from curb line to curb line to a uniform i
j width of forty (40) feet, crushed limestone.
! to a depth of three (3) inches after com- j
presgion; providing and placing crushed I
limestone on the intersecting alley in a
similar manner and to width shown on the
plan: paving roadway from curb line to
curb line to a uniform width of forty (49)
feet with Kentucky rock asphalt to a depth
■ of one and one-half (l'a) inches after com
| presston. sheet asphalt to a depth of one and
. one-half (14) inches after compression, .
| emulsified asphaltic concrete to a dipth of ;
! one and one-half (14) inches after com-!
pression. or bituminous macadam; paving
the wings of the intersecting streets and
alleys in a similar, manner and to widthß
shown on plans; and extending all water,
gas. sewer ar.d all other private service con
nections to inside of curb Une where not al- ;
! ready In.
All work done in the making of said de
! scribed public improvement, shall be in ae
i cordance with the terms and conditions of
the improvement resolution as numbered,
and adopted by the board of park commis
sioners. on the above named day, and the
detailed drawings, plans, profiles and speci
fications which are on file and may be seen
in the office of said board of nark commis
sioners of the city of Indianapolis.
That eald board of park commissioners.
( has fixed Saturday. Sent. 23, 1922. at lt>,
J o'clock - a. m„ at its offices In said city hall |
j as the time and place when final action will |
j be taken confirming, modifying or rescinding j
I said resolution and when it will receive and ;
i hear remonstrances from persons interested
I in or affected by such proceedings and when
: it will determine the public utility ami bene- .
fit thereof.
CHARLES A BOOKYVALTER.
FRED CLINE,
A. M. MAQUtRE,
S4RAH E. SHANK.
Board of Park Commissioners of the city
of Indianapolis.
NOTICE.
Damage roll department of public parks,
office of the board, city of Indianapolis, Ind.
Notice is hereby given by the board of
park commissioners cf the city of Indlanapo- !
lie that it has approved a preliminary datn
j ago roll shownig the award of damages for !
I the appropriation of real estate to be used
for park purposes in the city of Indianapo
lis. authorized by its Acquisition Resolution
No. 26. 1922, which provides for the ac
quisition of the following described real
estate, to wit:
"All of lots Nos. 19 and 20 in Melkel’s [
subdivision to the city of Indianapolis, Mar- j
ion County, Indiana, as recorded lit plat
book No. 2. page 134, in the recorder's of
fice of Marion County. State of Indiana:
also all of lots Nos. I. 2,3, 4. 5. 6. 7 and 8 )
in Fulmer's subdivision of lots 10 to 18 end;
21 to 30. inclusive, in Metkel s subdivision j
to the city of Indianapolis as recorded in ]
plat book No. 8. page 118 in the recorder's ;
office of Marion County. State of Indiana.”
Persons interested In or affected by said
appropriation of land and award of damages '
therefor are hereby notified that said board I
! of park commissioners lias fixed Saturday,
Sept. 23. 1922. at 10 o'clock a. m„ as the!
time when remonstrances will be received
and heard from persons as to the amount of
their respective award of damages. The as
sessment roll, with the description of the
property affected, the names of the owners
in favor of whom damages have been
swarded, with the amount of the preliminary
award, as to each piece and parcel of prop
erty affected, is on file and can be seen at
i the office of the board of park commission
ers in the city hall. Indianapolis, Ind., where
remonstrance will be received and heard at
'.he time above designated.
CHARLES A. BOOKWALTER.
FRED CLINE.
A. M. MAQUIRE.
SARAH E. SHANK.
Board of Park Comnussolners of the City
of Indianapolis.
NOTICE OF LETTING CONTRACT FOR
CONCRETE BRIDGE.
Notice is hereby given that the board of
commissioners of Switzerland County. Indi
ana. will receive sealed bids for the con
struction of a concrete bridge over Hunts
Creek in Jefferson Township, said county
and State, according to plans and specifica
tions on file In the office of the county au
ditor. Bids will be received up to 1 p. m.
on Monday, the 2nd day of October, 1922.
The board reserves the right to reject
any or all bids.
By order of the Board of Commissioners.
W. A. REEVES.
Auditor Switzerland County, Indiana.
RAIL ACUITIES
'READ FEATURES
IN STOCK SALES
Buoyancy Marks Transactions
Taking Place With Higher
Priced Issues.
INDUSTRIALS SHOW TONE
Exceptional Strength Shown
by Numerous Indivjdual
Offerings.
Twenty active industrial stocks Fri
day averaged 101.22 up 17 per cent;
twenty active raila averaged 92.51, up
1.32 per cent.
By United Financial
NEW YORK, Sept. 9.—Buoyancy in
high priced rails was again the prin
cipal feature of the stock market.
New highs for the year were attained
by Atlantic Coast Line, Louisville
and Nashville, Illinois Central, Nor
folk and Western, Missouri Pacific
preferred and many other represent
ative issues. Trading in the indus
trial group was also morked by ex
ceptional strength in many individual
stocks but the movement in this sec
tion of the market was less regular
because of the profit taking and pro
fessional efforts to find the top of the
market.
Rails continued to display marked
buoyancy in the first half hour. New
1922 highs were attained by Reading
at 83, Atlantic Coast Line at 121
and Missouri Pacific preferred at 62.
Industrials were characterized by re
markable strength in the specialties.
Trading was less active around 11
o'clock, considerable irregularity char
acterizing price movements, hut pro
fessional operators met little success
in feeling for the top of the current
upward swing. Whenever the general
market hesitated new favorites were
taken up. In the early part of the
second hour motors aAd related issues
were featured. Hupp advanced H to
21, against *.he year's high of 21*4;
! Mack Trucks reached a nev.’ high on
the move at 55%, and Fisher Body
at 117}*. Among the specialties Loose-
YYiles made anew 1922 high at 65,
against Friday’s low of 59 %.
Following Atlantic Coast Line's ad
vance to anew high for the year at j
123, Louisville & Nashville also made |
anew high at lltH-i. No distribution!
of L. & N. stock to the Atlantic Coast
Line shareholders is expected, as con
solidation of the two properties is
more likely.
LOCAL BANK CLEARINGS
Indianapolis bank olearlnijs Saturday were
$2,718,000, for the week ti.uinj: Saturday,.
$15,608,000; bank debits Saturday w* :■
$*>.187,000, fr the week end’.nk Saturday.
$28,396,000.
FOREICrTEXCHANCE
NEW YORK, £opt. 9—Foreign fxolmnge
closed ftteady. Sterling:, demand,
cables. $4-45T£. up S French, demand. I
.0774 He: cmbles, 0775 c. Lir*, d". md. i
.0434 He: cables. .0435 c. Belgian, demand. 1
0731 r >c: c*ib!es. ,073‘ic. .0007 %c.
Drachma, demand. .0320 c; mbit*. .0325.*. i
| Swiss, demand. .1895 c: cables. .1897* *-if
1.0001. Guilders, dcm.'und. ..3882c; cables.
.3885 c, off .0003. lVst tas, demand .154> .
cables, ,1543 c. Sw d--, demand. .205!- .
| cables. .2658 c. up 0003. Norway, demand,
j .10*3Sc; cables. .137*-c. up 0007. D*( *•. de-i
I maud, .2133 c; cables. .2137 c, off .0003.
NEW YORK LIBERTY BONDS
—Sept. 8—
Prer. '
Hisfh. Low. Cloo, close.
11. B 34" ...100.00 100.74 100.74 100.84
| L B 2d 4s 100.20 100.28
L B Ist 4*4 S-100.74 100 60 100 74 100.04
L B 2d 4>- 8.100.06 100.22 100.26 100.26
L B3d 4>5.100.34 100 26 100.26 100 32 !
L B 4th 4>,.100.76 100.64 100.68 100.60
Y’ictory 4. s .100.70 100.08 100.60 100.68,
MOTOR SECURITIES
(By Thomson &; McKinnon)
—Sept. 8—
—Clotinr—
Bid. Ask.
Far! Motors 2 u 2 1 a j
< Col. Motors 3*4 3‘ I
Packard com .. . 14 14 Vi
Packard pfd 86
Peerless 60 61
Continental Motors com .... ' v a •% !
Continental Motors pfd .... 98 100
. Hupp com Ih*; m* :
j Hupp pfd 104 110
' Reo Motor Car 13% 13%
1 Elgin Motors 1 a 4 3V*
Grant Motors ‘i %
Ford of Canada 415 425
i National Motors 2 3
Federal Truck
Paige Motors 22 23 hi
i Republic Truck 33 v*
NEW YORK CURB MARKET
(By Thomson & McKinnon)
—Sept. 8—
Closing -
Bid. Ask.
Acme Packing 35 40
• Curtis Aero com 314 4Y4
Curtis Aero pfd 24 28
! Boston 4 Montana 13 14
! Boston 4 Mont Corp .. 87 88
! Goldfield Con 8 9
| Jumbo Extension 3 6
Int Petroleum 22 '4 22 (i
Kirby Oil 5 Vi 7
i Nipissing - 614 64
I Standard Motors ....... 4 4 %
Salt Creek .. 15U 15%
Tonopah Extension 2 % 2 9-16
Tonopah Mining 2 2V*
United P S new 6% 7
U 8 Light and Heat ... 1 % 1 %
TJ S Lig-ht and Heat pfd. 1% 1 11-16
Wrlsrht-Matin 2 6
Yukon Gold Mine Cos .... 90 100
Jeromo 3 % 3 44
New ComeHa 18 * 19 hi
United Verde 28% 29
! Sequoyah 7 8
39 LEGAL NOTICES
NOTICE OF SALE
No. 34255
Marlon Circuit Court. State of Indiana.
County of Marlon, s:
I Winifred E. Ogle vs. Servu Stores Cor
: poration.
By virtue of an order of the Marion C'lr- j
cuit Court, and subject to Its approval, the j
understened. receiver for the SERVU j
| STORES CORPORATION, will, at the hour;
i of 10:00 a. ni„ on thn 30th day of Septem
ber, 1922. in the Circuit Court Room at the
Courthouse, Indianapolis, Indiana, offer for
sale, at public sale, the following described
I real rotate situate in Marion County. State
of Indiana, to-wit:
Lots four (4) and five (5) In square
! fifty-one (51) in the city of Indianapolis.
Indiana.
Said property to be sold to the higrhesf,
and best bidder. Said receiver will also
. prior to said date accept sealed bids to bo
opened at said time.
Such terms of sale to be given as shall
at the time meet the approval of said court.
ASA J. SMITH. Receiver.
BACHELDER & BACH ELDER, Attorneys.
NOTICE TO CREDITORS
No. 34255.
Tu the Marion Circuit Court. State of
Indiana, County of Marlon, ss:
Winifred E. Ogle vs. Servu Stores Cor
poration.
By virtue of an order of the Marlon
Circuit Court the undersigned, receiver for
the Servu Stores Corporation, hereby sets
the date of Sept. 30, 1922, as the filial date
for the filing of claims of creditors against
said receivership, said cialma to be filed
either with said receiver or with the clerk
of the Marion Circuit Court.
ASA J. SMITH. Receiver.
BACHELDER 4 BACHELDER. Attorneys.
NOTICE—The Board of Trustees of the Cen
tral Indiana Hospital lor Insane will re
ceive up to 10 a. m. Sept. 15, 1922. sealed
bids for furnishing the institution with
one hundred iron beds, sample of which and
specifications may be seen at the hospital.
They will also receive bids at the same time
and place for five hundred four-spindle din
ing-room chairs. Specifications and sample
are on exhibit at the hospital. By order
Board of Trustees.
THE INDIANAPOLIS TIMES
New York Stocks
(By Thomson & McKinnon)
——Sept. 8—
Railroads— Prev.
High. Low. nose. Close.
Atchison ... 104 % 103 % 104 103 %
At. C. Line. .11916 118%119 118(4
B. 4 0 58% 57% 68 58
Can. Pacific 149% 148 148% 147%
C. & 0 77 V, 76% 77% 76%
C. & N. YV. R. 94% 93% 93% 94
C. R. I. 4 P.. 48% 47% 47% 48
C. 4G. YV... 7% 7% 7% 7%
Del. 4 Hud. .141% 139% 139% 131
Del. & Lack.. 136% 133 136 131
Erie 16 ’5% 16 15%
Erie Ist pfd. 25% 25% 25% 25%
Gt. No. pfd.. 94% 94 94% 94%
111. Central. . 113% 111% 113% 111
Kan. C. 50... 25% 25% 25% 25%
Lehigh Val.. 71% 69% 71 69%
L. 4 N 139% 139 130 139%
M. Pacific... 23% 22% 23 22%
Mo. l’ac. pfd 60 % 59 % 59 % 68 %
N. Y. Cen.... 98% 98 98 98
N Y N H 4 H 33 32 % 32 % 32 %
No. Pac 89 88% 88% 88%
Nor. 4 We5t..124% 123% 124% 123%
Pennsylvania. 46% 46% 46% 46%
Reading ... 81% 7% 81% 7%
So. Ry. ..... 27% 27% 27% 27%
So. Pacific. . 94% 93% 94 94
St. Paul 34% 33 34 32%
St. Paul pfd. 63 62% 62% o 2
St. L. & 8. W. 34 33% 34 33%
S. LAS. YV. p. 51% 50% 51% 60%
8 L & S F Ry 30 % 30 % 30 % 30 %
Union Paq....151% 149% 151%
Wabash 12% 12% 12% 12%
Wabash pfd. 28% 33%
West. Pac... 19% 19% 19% 19%
Pgh. 4 W. Y-a. 40% 39% 39% 40
Rubbers—
i Lee Tire.... 25% 26% 25% ....
I Kelly-Spring 44 % 42 % 43 % 42 %
Key T&R Cos 8% 8 8% 8
U. 8. Rubber 56% 65% 66 6o
Equipments—
Amer C 4 F.191% 100 191% 188%
Amer I-oco. 124% 122% 124
Bald Loco. .133% 131% 183 131%
Gen. Elec trie.l7B 178 178 178
Lima Loco.. 04% 63 03%
N. Y. Air... 78% 77 78% 76
! Amer St Fdry 42% 42 42 % 41 %
! Pullman ...136% 135% 136% 134%
IRy St Sprga.ll9 117% 118% 116%
Wsthse Anr.lol% 100 IJ?1% •••••
YVsthse Elec. 64% 63% 64% 63%
Steels—
Ileth “8"... 78% 78 78 78%
Colo. Fuel ..32% 32% 32% ....
Crucible ... 97% 96% 96% 97%
Gulf States . 84 83% 83% 83
! Lackawanna. 79% 78% 79 79
Midvale 35% 34% 34% 35%
Otis 11% 11 H% 11H
lteplogle ...32% 32% 82%
Kep ir 4 St.. 72% 69 % 70 71%
Sloss-Shef ... 50 50 50 ....
U. S. Steel.. 105% 104% 104% 104%
r. S. St! pfd. 121% 121 121% 121%
Vanadium... 52 67 61% 51%
Motors—
Am Bsch Mag 45 43% 44% 43
! Chandler Mot 64% 62 % 64% 62
Gen. Motors. 14% 14% 14% 14
Hupp Motors 19% 19 19% 19
i Max Mol ' B' 19 18% 18% 19
I Muck Motors 59% 58% 58% 68
Martin Perry 30% 30 % 30% 31
Pierce-Arrow. 12 12 12 12
I StudebaJter ..133% 132 N 132% 132
, Stronit>erg ... 68 56% 66% 66
Stew-Warner. 4 s ’, 4 7/, 47% 47 %
Willys-Over. . 7% 7% 7% 7%
} White Mot.. 50 49 % 60 49
Minings—
Butte Sup... 30 30 30 30%
Dome Mines. . 39 39 39 39%
Int Nickel... 17% 17% 17% 17%
Tex G and S 51 % 51 51% 60%
Coppers—
Amer Smelt. . 65 % 64 % 65 64 %
Anaconda ... 56 55% 53% 65%
Chile Copper. 24% 23% 24% 23%
Inspiration .. 42 41% 42 42
Kennecott ... 37 % 37 % 37 % 37 %
OILS FEATURE CURB
Standard of Indiana Sconw Sliorp
Price Advances.
By W. Tl. GRIMES
United Financial Staff Correspondent
NEW YORK, Sept. 9.—The strong
I broadening movement that pot into
| full swing on the curb yesterday con-1
tinned today to make the best short
Saturday session of the year.
I As in yesterday's market, advances
i took in the whole list, but today the
Standard Oils took the commanding
j lead of the market from the start,
i Industrial specialties were a strong
I point also.
J The whole list opened higher and j
■Standard of Indiana quickly led the'
way for the oils, advancing above
119, while Kentucky stayed about 10
I points behind it, as it has done since
the recent advance In the oils got
under way.
International Pete hit 23 and Mar
| land. Mexican and Simms, two active
independents, continued their upward
march, tho former gaining nearly a
point iti the first hour.
| Durant again was a strong point
; among the Industrials, reaching 50
during the second hour of trading.
] Continental held to Its high figure
| of yesterday.
Schulte made an early advance but
fell back 2 points below the close of i
yesterday.
NEW YORK STOCK OPENING
—Opening—
; Allied Chemical 89
Am. Can 63%
American Ship & Com. 19% !
' Am. Sumatra Tobacco Cos 40%
Am. Tel. and Tel 122 % j
Am. Woolen 101 % i
Anaconda 65% i
Atlanti ■ Coast I4ne 119%
Atlantic Gulf &. YV. 1 32% I
Austin Nichols 30% I
Baldwin Loco 133% I
B. A 0 67 %
Bethlehem Steel (B) 78 •
Brook. Rap. Trans . 25% i
Canadian Fac Ky 140 %
Central Leather 41%
Chandler Motor 64% !
C & O . 77 % j
Chi., MII. A- St. Haul com 34%
Chi.. Mil. & St. Paul pfd 53%
Chicago & Northwestern 93% !
Chi.. Rock Island k Pac 48 |
Columbia Gas 105%
Coca Col a 09 % 1
Cordell Oli 49 % '
Consolidated Gna 143% I
! Crucible Steel 96% 1
J Erie 16%
i Endicott A J 88%
Gen. Electric . 180 j
General Motors 14% :
Gnat Northern Ore 40% !
Hudson Motors 21%
Houston Oil 84 %
Inter Harvester 112%
Tutor. Paper 60% !
Kinnecott Copper 37%
Lima Loco 63 % !
Lehigh Valley 71% j
May Stores 184% j
Maryland Oil 41 % I
Mexican Petroleum 191% I
Mexican S. B 19% !
Missouri Pacific Ry 22%
Missouri Pacific Ry. pfd 60% !
National Lead 108
N. Y. Air Brake 78
N. Y*. Central 98 I
New Haven
Norfolk & Western 124%
Northern Pacific 88%
Pacific Oil 68%
Pan-American Petroleum 81
I Pennsylvania Railroad 46% .
Producers and Refiners 48% ;
Pullman Palace Car 136% |
] Reading 82%
i Sears-Roebuck 92
1 Sinclair 34%
! Skelly Oil 10%
Southern Pacific 94%
Standard Oil of Cal 115%
i Standard Oil of N. J 186%
Stromberg Carb 68
Studebaker 133% I
Texas Cos 48% j
Tobacco Products 87 %
Union Pacific 152
United Drug 82%
U. S. Retail Stores 85
U. S. Industrial Alcohol 66%
U. S. Steel 104%
Utah Copper - 70%
Y’anadlum Steel 51%
YY*abash Ist pfd 33%
YVhite Motors 60%
Willys-Overland 7%
RAW SUGAR MARKET
By United Financial
NEW Y*ORK, Sept. B.—Cuban raw sugar
is unsettled with sales of 16.000 bags of
Cuban, ex-lighters, in port at 3%c cost and
freight to Arbuckle Brothers, off %c from
previous sates on cost and freight terms.
Demand for refined is light.
Raws opened steady today: September,
3.25 c asked: December. 3.333 (313.34 c;
Marffic, 3 10@3.11c; May. 3.22 3.25 c;
July, 3.25 c bid.
LINSEED OIL
By United Financial
NEW YORK. Sept. 9.—The Linseed oil
market yesterday developed a stronger tone
w-lth prices strongly held or: account of
the upturn in linseed and despite the con
tinued lack of interest on the part of the
consumers. Domestic spot 88. futures 78.
Foreign spot 81 @B2; shipment, 73.
* Prer.
Hljrh. Low. Close, close.
Miami 29% 29% 29% 30
Nev Cons ... 17% 17% 17% 17
Utah Cop ..71 70% 70% 13
Ray Cons ... 16% 16% 16% 16%
U S Smelt... 43 43 43
Oils—
Cal Petrol ..65% 63% 63% 64%
Cosden 60% 49% 49% 50
Houston Oil. 84% 82% 84% 82%
In vine Oil ..14% 14% 14% 14
Mex Petrol .194 190 191 190
Mid St Oil .. 13% 13% 13% 13%
Mex SB.. 20% 19% 10% 19%
Pan-Am Pet . 82 % 80 % 81 % 80 %
Pao Oil 59% 57% 68% 57 %
Pierce Oil ..7% 7% 7% 7%
Pro and Ref 48% 47% 47% 48%
Pure Oil 33% 83% 33 % 33%
Boyal Dutch 39% 38% 68% 58%
8t Oil of Cal. 116% 114% 116% 115
8. Oil of N. J. 186 185 185% 184
Sinclair 84% 33% 38% 34
Texas Cos. .. 49 % 48% 48% 49%
Tex. C. & 0.. 26% 25% 26% 26
T. Oil.. 15% 14% 16 15
Union Oil 19 18% 18% 18%
White 0i1... 8% 8% 8% 8%
Industrials—
Allied Chem.. 89% 88% 88 % 89
Ad. Rumely.. 21% 20% 21% 20
Allis-Chalm... 69 58% 58% 59
Amer. Can. . 63 % 63 % 63 % 63
A. H. k L. p. 72% 72% 72% 71%
Am. Ice ....122 120% 121 121
Am. Linseed. 35% 35% 35% 35%
Am. W001en..102% 101% 102 101
Cen. Leather. 42% 40% 31% 40%
Coca-Cola ... 71 70 71 69 %
Comp, k T... 75% 74 74 74%
Cent. Can... 91% 90 90% 89%
Endlcott-J,. .. 89% 88% 88% 87>4
Fam Players.. 104 % 102% 102% 103 V*
Gen. Asphalt. 69% 68% 68% 68%
Inter. Paper. 60% 59% 60 59%
Inter. Har ..111% 111 % 112% 110%
Loews . 20 19 % 19% 19%
May Stores. 133% 130 133% ....
Mont A W . . 23 22% 22% 22%
Nat.. Enamel. 63% 61% 63% 62%
Nat. Lead... 109V* 107% 108% 107%
Owen Bottle. 40% 38% 40 38%
Pitts. C0a1... 71% 71% 71% 71%
Sears-Roe 91% 89 90 V* 88%
United Drug.. 83% 83 83% 80
U. 9. U. S. . 85% 83% 84 84
U. S. C. I. P.. 33% 33% 33% 33%
IT S In Alco. 67 65% 65% 65%
YVorth Pump 44 44 44 44
Utilities
Am Tk T. . 123% 122% 122% 126%
Brky Rap Tr 26 25% 25% 25%
Col Gas ....106 105% 105% 105
West Union. 119% 117% 118 120
Shipping—•
Am Int Corp 35% 35 35 35%
Amer S k C. 19% 17% 18% 17%
At! Gulf ... 82% ' 30 32% 30
Int M M .. 14% 14% 14% 14
Int M M pfd 58% 57 57 57
United Fruit.ls3 153 153
Foods
Amer Sugar.. 83% 88’4 83% 84
Austin Ntchts 31% 30% 31 30 %
Am Cot Oil.. 28 27% 28 27%
Corn Prod .120% 118% 110%. 118%
Cuba Cn Sug 14% 14% 14% 14%
Cub-Am Sug. 26% 26 20 26%
YVilson & Cos 48% 46% 47 % 48 %
Tobaccos—
Amer-Sumatra 40 37(4 40 36 *4
lAm Tob Cos . 168% 167 167 167 \
R J Refolds B 55 E l % 54% 64 %
Tob Prod... 87 T 4 86 % 87 % 86 %
Miscellaneous Stocsk—
Amer Rad .119% 119% 110% 118% 1
North Amu.. 95% 90% 94% 93%
Phi la Cos ... 44% 44% 44% 44%
Callahan ... 9% SS 9% 8%
Bnelly Oil .. 10% 10% 10% 10%
3t Oil Ind 117% 116 117% ...
Sales, 31,000.
I BONDS TEND UPWARD
Liberty Issues Command Attention
With Prices Higher.
Bv TV. n. GRIMES
I United Financial Staff Correspondent.
NEYV YORK, Sept. 9.—Tho spec
■ ulatlvo enthusiasm among bond tra
| ders appeared to have cooled some
what overnight and in today's short
session the higher and medium priced'
bonds, along With onn or ttvo issues
j of Liberties, got more attention. How-1
<wer, the market was again tending:
upward, and eY'en in the speculative]
i group there were some price ad
-1 Y'ances.
The 3Ha were the leaders among
the Liberties and they reached a high
only a few centes under 101, The
others improY-ed their prices by a few (
cents.
French 7%s took the leadership
in the foreign go\*emment bonds.
They went steadily, if fractionally,
forward until they reached 99%.
Tho medium and high priced raJl
road group again furnished the larg
est part of the activity and trading
Yvas Yvoll enough scattered to pre\ent i
any one issue dominating the tape, j
New Y’ork Central 6s Yvere in their)
usual demand and made their usual,
fractional advances toward par.
Western Pacific 6s shoYved n two
point gain when they reached 99.
INDIANAPOLIS STOCKS
—Sept 9
Stocks
Bid. Ask.
Ind Ry k Light com 58 62
i Ind Ry k Light pfd 84 88
Imipla 9t Ry 58 63
j Indpls N YV pfd 4 5
' Indpls k 8 E pfd 60
| T H. T 4 L ptd 80
I T H. I & L pfd 75
i T H. I k E com 1 6
T H, I & E pfd 15
i IT T of Ind com 2
jUTof Ind Ist pfd 10
j U T of Ind 2d Pfd 2 6
i Advance Rnm'ly pfd 20 ...
i Advance-Rumely com 20 ...
|Am Crooaotlng pfd 97% ...
Belt R R com 65 60
Rclt R R pfd 51 % 66
Century Bldg Cos pfd 04% ...
Citizens Gas Cos 21 % 25
; City Service com 19T 200
City Service pfd 68 73
American Central Life Ina. .. .200
Dodge Mfg Cos ...
Home Brewing 40 ...
i Ind Hotel com 88 ...
; Ind Hotel Cos pfd 99 ...
I Ind Nat Life Ins Cos 35%
i Tr.d Title Guarantee ...
1 Ind Pipe Lines 94 100
Indpls Abattoir pfd 46 ...
Indpla Gas 48 60
Indpls Tel pfd 90 ...
Indpls Tel com 1 ...
Mer Pub Util pfd 52
, Ratth Ferti’izer Cos 40 ...
i Natl Motor Car Cos ...
I Pub Ravings Ins Cos 6% ...
| Standard Oil of Indiana 114 116%
j Sterling Fire Insurance Cos ... 7 8%
I Van Camp Hdw pfd 90 ...
Van Camp Prod Ist. pfd 97 101
! \ r an Camp Prod 2d pfd 101
i Y'andalta Coat Cos com 1 3
■ Vandslta Coal Cos pfd 7 12
| Wabash Ry pfd 32% 34%
Wabash Ry com 12 13%
Honda
Broad Ripple 5s 62% ...
Citizens St R R 5s 84 87
! Indian Creek Coal k Min 6s. ... . . .
; Tnd Coke and Gas 6 86 pi
: Indpls, CAS 5s 92% ...
Indpls A Martinsville 5 .... 60 64
Indpls A Northern 5s 4 9 53 I
Indpls Rt Ry 4s 88% 70
Tndpls &N YV ss. .. 55 % ...
Indpls A S E 5s 40 ...
Indpls. Shelhy A S E 5s 60 ...
T H lAE 5s 62% .. .
I Citizens Gas 86 01
j Indpls Gas 5s 88% 93
! Kokomo. M A W 5s 88 92
Irdiann Hotel Cos 6s 100
Indpls YVater 5s 96% 100
Indpls YVater 6s 82 86
Indpls T A T 5s 84% 89%
Indpls L A H 5 93 06 %
U T of Ind 66
Mer H A L 5s 99% ...
New Tel L D 5s 98 ...
New Tel Ist 6s 98 ...
South Ind Power 6s 87 03
CLEVELAND PRODUCE
Bjf United Financial
CLEVELAND, Sept. o.—Butter —Extra In
tubs. 44 (344 c: prints. 45<345Mjc: firsts,
42@42Hc; packing: stock. 2*3 Vi <325 Ho.
Epps—Fresh gathered northern extras.
extra firsts, .34He; Chios, .31c:
western firsts, new cases. 28c. Poultry—
Live heavy fowls. 22c: roosters, 14 (Q? 16c:
spring: ducks, 20® 22c. Potatoes—New
stock, $2.60@2.75 a barrel.
INDIANAPOLIS PRODUCE
Fresh eggs, candled. 07c: packing stock
butter, 21c: fowls. 4% lbs., up, 21c; fowls,
under 4% lbs., I7c: springs. 2 lbs. and un
der. 24c: springs, over 3 lbs.. 21c: cocks and
stags, lie: young Tom turkeys. 12 lbs. and
up. 250: young hen turkeys, 8 lbs. and up,
260; old Tom turkeys, 20o; ducks, 4 lbs.
and up. 15c: geese, 10 lbs. and up. 12c:
squabs, 11 lbs. to dozen, 55.;
ACTIVITY MARKS
SHE DEAEIK
AT LOCAL YARD
Calves and Lambs Gain Month’s
High Level, While Cattle
Sales Fall.
Tho hog market at tho local live
stock exchange was an unusually ac
tive affair for Saturday, with receipts
fairly heavy at 6,000. At the open
ing buyers bid figures steady Yvith
Friday’s closing, and at these prices
considerable business was done by
local packers, with tho shippers taking
some. HoYveY'er, toxv r ard the close a
Yveaker tone was noticed, buyers ta
king advantage of the heaYy receipts
to feign reluctance to clear the pens
at steady prices. Price haggling de
veloped, Yrith the result that there
was a good hold-over for Monday’s
market. Pig prices suffered, drop
ping 25 cents, with $9 bid and J 9.25
asked. The top for best lights was
19.85.
Cattle trading was conspicuous by
its absence, Yvith only 200 received.;
: Y\ r hat trading there was was steady,
best steers bringing $10.25@10.75.
Calf prices inY-aded neYv high ground
for the last month, Yvhen some lots
of best veals brought a top of sl4,
an Increase over Friday’s figures of
f>oc. Receipts YY r ere light at 250.
In the sheep and lamb alleys a
! similar condition prevailed, with lamb
prices advancing to a top seldom
reached this summer of $12.50, a rise
of 50c. There were very few lambs
that brought the top. hoYvever, and
sheep prices held steady Yvith a top
of $5.50 for best ewes. Tho supply
was light at 250.
—Hott*—
150 to .80 lbs $ 9.75@ 9 85
180 to 200 lbs 9.75 & 9.85
200 to 225 lbs 9.65 9.75
225 to 250 lbs 9 40 W 9 55
1250 to 300 ibs 8.90,3. 9.40
Over 300 lbs 8 65!*ji 890
Top 9.85
Piys ©.oo@ 9.25
Light parkin* sows 6.75 a 700
Heavy mixed packers 625 iv 6 7r>
Stacs 5.206 6.25
—Cattle
! Few choice e.eers 10.25@10.75
i Pnme corn-fed steers. 1,000 to
1.300 ibs 9.50 @10.25
Good to choice steers. 1.000
1 to 1,300 lbs 9.00 @ 9.50
Good to choice steers, 1.000
to 1,200 ibs B.oo@ 9.00
Good to choice steers. 1.000
to 1.100 lbs 7.50 3 8.00
Common to medium steers.
800 to 1.000 lbs 5.50 3 6.50
—Lows and Ilelrers
Few choi.JS heifers 850 @ ®
Good to choice heifers 7.25@ 7.60
Medium heifers 6 503 700
Common to medium heifers .. 5 50@ 6 50!
Good (o choice cows 6.503 7.00:
G'Himon to ttood cows 3 003 5 50
Cutters 2.75@ 3.20 i
Cauners 2.00 *S L.oO
—Bulls—
Fancy butcher bulls 5.00@ 5.75
Good to choice butcher bulls. 4.253 475
liotoxna bulls 3.00 u 3.50
Lisht bolosna bulls 3.00@ 3.25
—Calves—
'Choice veals 12.00@ 13.50
■ Good vea.s ll.OOal-l-OO
Medium veals 10.00 ;t 11.00
. Lightweight veals 8.50@ 9.50
Heavyweight veaia BHO 4 9.00
Common to iieav.es 7 00 3 8.50
.Top '14.00
—Stockers and Feeders—
-1 Good to choice steers unaer
800 lbs 5.753 7.00
I Medium cows 3 25@ 3.50
! Good cows 3.50(a 400
Medium to good heifers 4 25(3 5.50
Milch cows mid springers... 30.0du50.00
—Sheep and Lambs—
Cults ewe, 2.25® 2.75
, Good to choice ewes 2.75@ 5.50
1 Bucks 3 2o@ 3.7!
1 V car lines 8 2..® 8.00
1 Springers ll.OO® 12..0 !
i Culls 3.75® o.UO j
otherTivestock
By United Financial
CHICAGO. Sept. 9.—Hogs—Receipts.
1.000. market steady. 20c lower, top, S9.SO.
but : of sales. $0.8039.50: heavyweight.
$8 1039.20; medium weight. $8.9039.50:
I iight weight. $9.40@9.50: tight lights. $8.73
'd 0.23: heavy packing sows. $6.25@() 85;
! packing sows rough, $6 8037 50: pig*.
|5775 3 8.30 Cattle —Receipts, l.f-00: niar
: ket steady; choice and prime, $10.50® 11.25:
I medium and good. $8 00@10.40: common.
$0.25@8.00; grind and choice. $9.10@ 10,7.>:
common and medium. $6 00@9.10: butcher
'cattle and heifer*. $4 7.*>@o 2o; cows, $3.65
@8.10: bulls $3 25@6 73; canners. cut
ters. cow-s and heifers. $2.70@3.65; earner
I steers, $3 75@4.50: veal :oivcs, $11,503
12.75: feeder steers. $3.50®8.00; Stocker
I steers $4.353 7 25: Stocker cows and heif
ers. $3.25 @ 5.25. Sheep—Receipts. 1.000:
'market steady; iamb*. $12.00313.00: iambs
cull and , camion. $8.00311.75; yearling
I wethers. $8.25 311 00: ewes. $3 0036.75:
i cull to common ewes, $1 5033.50.
! CINCINNATI. Sept 9—Cattle —Receipt*.
200; market. Blow, steady, shippers. $73 0.
Calves—Market, steady; extras. sl2Si 12.50.
Log*—Receipts. 2.200; market. 10@25c
lower; good to choice packers. $!).503 9.75.
Sheep—Receipt*. 400; market, steady; ex
tras s4@.*>. Lambs—Market, steady; fair
to good. sl3 013.10.
KANSAS CITY*. Sept. B.—Hogs—Receipt*.
3.000; market. 10c up: bulk, $8.35® 8.75; |
heavies. $8.5008.65; butchers, $8.50 3
8.75: lights, $8.60 @ 8.80; pig*. $8 @8.85.
Cattle—Receipts. 3.000; market, steady:
prime fed steers. $9.75010.75: plain to lair
dressed boot steers, $0.25 09.25: Western
ete rs. $550(09.25; Southern steers. $3.50
@8; cows. $2.2506.30; heifers, $409.25:
Stocker* and feeders, S4@s: bulls. $2.25®
4 50; calves. $501025. Sheep—Receipts.
2.000: market. steady; lambs. $11,500
12.65; yearlings. $9 25010 25: wethers.
$6 5007.60: ewes. $4.5006.75; Stocker*
and feeders. $9.50012.35.
EAST BUFFALO. Sept. B.—Cattle —Re-
ceipts. 375: market, activo steady; shipping
steers. $909.75; butcher grades. $7.5008.
cows, $2 00;. Caivcs—Receipts. 900; mar
ket, active, (50c up; culls to choice, s4@ls.
Sheep and lambs—Receipts, 2.800; market,
active, lambs 15c up. sheep 6tead.v; choice
lamb*. $13014: culls to fair. SBO 12: year
lings, s6@lo; sheep. $3@7.50. Hots —Re-
ceipts. 4.200: market, aot.vo, 15c up:
yorkers, $10.15: pigs, $10010.15: mixed,
$10010.15; heavies, $9.25010; rough*,
$6.7507; stags, $4.5005.
ACTIVE OIL STOCKS
(By Thomson A McKinnon)
—-Sept. S—
—Closing—
Bid. Ash.
Ansrlo*American Oil 10 20 s
Atlantic Refining, Loboa ....
Borne-Soryinbor 420 4fio
Buckeye Pipo Line 00 100
Chesebrougli Mi s?. C0n5...... 105 200
Continental Oil, Color/nto ... .140 150
Coßflon Oil ana Gaa 5 11
Crescont Pipe Line 85 37
Cumberland Pipe Line 140 150
Elk Basin Pete 10% 10 Mi
Eureka Pipe Line 9r> 08
Galena-Signal Oil, pfd 107 111
Galena-Sismal Oil, com 53 o 4
Illinois Pipe I*l ne 170 173
Indiai a Pipe Line 00 98
Merrl., Oil 8% 0
Midwest Oil ? 2Mi
Midwest Rfff 225 ...
National Transit • ‘*2B
New York Transit 170 \<7
Northern Pipe Lina 105 108
Ohio Oil 285 200
Penn.-Mex 27 30
Prairie 0)1 and Om • *£oo 800
Prairie Pipe Line
Sapulpa Uefg-
Solar Refining 1 ........340
Southern Pipe Lino 05 08
South Penn Oil ..... . 205 215
Southwest Penn Pipe Lines. . 62 68
Standard Oil Cos of Ind 115 H
Standard Oil Cos. of Kan.... 516 530
Standard Oil Cos. of Ky 105 K 108
Standard Oil Cos. of Nab.... 180 100
Standard Oil Cos. of N. T.. . . *440 450
Standard Oil Cos. of Ohl® . . . .400 470
Swan A Finch 32 30
Vacuum Oil
Washington Oil -0
BOSTON WOOL MARKET
By United Financial
BOSTON, Sept, S. —Sates are moderately
large, but not active in wool, and buying
appears to be increasing, influenced in part
by the continued good report of the for
eign wool *ales. Negotiations in fair vol
ume are in progress. Demand for medium
wool continue* to be on the whole fairly
liberal, but low grades are not in as much
demand. London cables that there was a
brisk demand for the wool* offered by the
association, with price* firm. 1
CORN AND WHEAT BULLETIN
For the twenty-four hour* ending at 7
a. m., Saturday. Sept. 9. 1922.
Temper
ature
lit g§„ 3
i§ S >t 5 a
18.9 *•§ a .SS ■3-2 5
if Q II V til Ul
a Ii! y 111
South Bend .... 98 73 01 Good
Angola 96 74 0 Good
Ft. Wayme 96 I 74 0.26
YVheatfield 98 |7O 0 Good
Royal Center ... 96 I 74 0 Good
Marion |971 72 0 Good
Lafayette 96 ! 75 0 Good
Farmland 94 I 69 0 Good
Indianapolis .... 95 I 74 0 Good
Cambridge City. . 91 I 64 0 Good
Terre Haute .... 96 I 74 ! 0
Bloomington ~. 101 165 I 0 Good
Columbus 101 I 62 I 0 Good
Vincennes 100 I 70 I 0 Good
Faoli 97 172 I 0 Good
Evansville ••. 96 174 I 0
G. W. MeDOYVALL,
Meteorologist. YVeathor Bureau.
cHicmis
SLUMPHEHILY
Reports of Favorable Rains in
Middle West Cause
Drop.
By United Financial
CHICAGO, Sept. 9.—Grain prices
slumped at the opening of the Chi
cago Board of Trade today on reports
of faYorable rains throughout the
grain belt and a decline of a half
cent In the Liverpool market.
After the early selling of wheat had
depressed prices fractionally, a fair
class of buying developed, which gave
the market a strong undertone. There
Yvas some selling on the strength of
the Government crop report showing
an improY'ement in the crop prospects.
, Buj*ing by commission houses and sea
! board interests predominated. Prices:
September, $1; December, $1.01%;
May, $1.07%.
Receipts of corn were exceptionally
heavy, 325 cars being reported in Chi
cago. Prices: September, (>lc; De
i cember, 35%c; May, 38c.
ProY’lsions were lower. Trade was
light.
CHICAGO GRAIN TABLE
—Sept. B—■■
B„ United Financial
WHEAT— Open. High. Low. Close.
Sept... 100% 1.02% 1.00% 1.00%
Dec 102% 1.03% 1.02 % 1.02%
Sept 6% .62% .61% .61%
Dec 58 .58% .57% .67%
May... .61% .61% .61 .61%
OATS—
Sept 85% 35% .35% .85%
Dec... 35% 35% .35% .35%
May... .38% HS% .33 .38%
; LARL)—
Sept.... Nora. 10.35
Oct... 10.40 10.40 10.30 10.35
RIBS—
Sept.... Nom. 9.73
Oc t Nom. 10.37 i
RYE—
Sept.. . ,6S % .71 % .69 .70 %
Oct 70 ,71% .70% .70%
INDIANAPOLIS CASH GRAIN
—Sept. S
Bid* for car lots of grain* and hav at
: the .-all of the Indianapolis Board of Trade
were:
YV heat —Steady No. 2 red. $1.0301 04.
Corn—No. 3 white. 56@57c; No. 4 white.
55 0 56c: No 3 yellow. 56% @J7%o; No.
4 yellow. 55%@56%c: No. 3 mixed. 55%
@sß%c: No. 4 mixed. 54%@5500.
Oat*—Firm: No 2 white, 34 034 %c; No.
3 white, 33@33%c.
—lnspections
Wheat—No 3 red. 2 cars: No. 3 hard. 1
car. No. 3 mixed. 1 car; sample, 1 car.
! Total. 5 cars.
Corn—No. 2 white. 1 car: No. 4 white. 8
I cars: No 5 white, 1 car; No. 6 white, 2
cars; No. 1 yellow. 1 car; No. 3 yellow, 3
cars: No. 4 yellow. 4 cars: No. 5 yellow. 10
- ars: No. 6 yellow. tY car*; sample, yellow. .
1 1 car; No. 4 mixed. 1 car. No. 6 mixed, 1 :
! car Total. 39 car*.
Oats—No. 1 white. 1 car: Na. 2 white, 6
car* No. 3 white. 5 cars: No. 4 white, 2
cars. Total, 14 cars.
Rye—No. 3. 1 car; No. 3. 1 cor. Total. ;
2 cars
Total number of cars for day.
Grain prices quoted f. o. b. basis, 41 %c
to New Y’ork.
FRI MARYAM ARK ETS
(By Thomson k McKinnon)
—Sept. S
Receipts
YY'heat Corn Oat*
Sioux City .. 12,000 52.000 20,000:
St. Joseph .. 52,000 22,000
Chicago 264.000 836.000 36,00n
Milwaukee .. 11.000 27,000 11,000
•Minueapoli* .. 767,000 23.000 IBS." m >
Duluth 589.000 40.000 11.000
St. Louis 127,000 111,000 60,000
Toledo 11,000 9.000 4,000
Detroit 8.000 10.000
Kansas City. . 254.000 24.000 34.000
Peoria 11.000 64.000 61.000
Omaha 77.000 57..H10 : > 1
Indianapolis.. 8 000 46,000 24.000
Total* ...2,183,000 1.319.000 785.000
Y'ear ago. .2,351,000 1,119,000 163.000
Shipment*
Wheat Corn Oats
Sioux City .. 1.000 34.000 80.000
■ St. Joseph.... 37.000 14.000
Chicago 642.000 410. out) 318,000
I Milwaukee... 4,000 3.000 27.000
Minneapolis .. 302.000 10.000 112,000
Duluth 387.000
St. Louis 163,000 58.000 49,000
Toledo 4,000 6.000
Detroit 2,000 6.000
Ka..-as City.. 248..'"0 49.000 7 orm
Peoria - 26.000 93.000 36,000
Omaha 82,000 38,000 64.000
Indianapolis.. 4,000 21,000 0,000!
Totals 1,902,000 736.000 659.000 i
Y’ear ago.. 1,444.000 1.239,000 763,000
Clearances
YVheat Com Oats
New Y’ork . . 24.000 94.000 100,000
Philadelphia. . 8,000
Totals 32.000 94.000 100,000
Year ago.. 3.50.000 86.000
LOCAL WAGON WHEAT
No. 2 wagon wheat. 98c. No. 3 white
oats. 30c.
COTTONSEED OIL
By United Financial
NEW YORK. 6ept. B.—The cottonseed
oil market waa dull and easier, prices show
ing a decline of 3 to 3 0 points. Support
waa very poor and while hedging pressure
was light, a little preeaure pulling found
buyers scarce. The best demand came from
shorts. The English refined market was
six pence lower at 30 shillings, but Eng
lish lard and huge at Chicago were
stronger. Crude oil was very quiet with
the southeast asking H cents valley and
Texas offerings practically nil and the mar
ket nominal.
Money to Loan on Real Estate
At all times we have funds avail
able to loan on Indianapolis real
estate. We prefer loans of $50,000
or over. The larger the better, pro
vided equities are sufficient.
We shall be pleased to consider
yonr proposal and suggest that it
will be to your advantage to consult
with us.
® Fletcher American
SCO,
Company
2nd Floor Fletcher American Bank Bldg.
Indianapolis
Chicago, Detroit, Louisville, South Bend
ILL LUES SHIM
STEADY ADVANCE'
TOWAJpiL
Coal and Railway Industries
Getting Back Into Settled
Paths Once More.
SHOP STRIKE BREAKING
Banks Are in Good Shape to
Guide Forces of Pros
perity.
Bp TV. H. GRIMES
United Financial Staff Correspondent.
NEYV YORK, Sept. 9.—By and
large, the past week has brought for
ward more substantial Indications
that business is actively resuming Its
forward swing than has any similar
period since the strike conditions be
came acute. The reasons for this are
apparent.
First, the bituminous coal produe
j tion approached nearly to normal and
! only transportation conditions pre
j Y-ent it from getting to its high mark.
Second, the beginning of fall is at
j hand and despite unseasonably hot
! weather, the usual upturn that season
| brings with it is beginning to be felt.
Third, whatever the facts of the
; case may be, the railroad manager
! are winning in their attempt to con
i vence the public that they are break
| ing the shopmen’s strike.
The closing of the week brings
what is regarded as a certainty of
settlement of the anthrocite coal
strike and negotiations between shop
men's leaders and individual railroads,
who are reported to he willing to
make seperate settlements.
Os course, the cumulative effect of
the Industrial warfare still bothers
business.
Then there is also the fact that
the banks of the country are in the
best of shape to aid the gathering
force of prosperity.
The Iron and steel industry has
giY’en a more vigorous exhibition of
quick resumption than any other.
The GoY-emment crop report issued
Friday showed a sharp drop in the
condition of corn and a falling off
in the condition of all wheat.
Unseasonably hot weather at some
points in the West has held back the
beginning of the normal fall demand.
Those who predicted a quick rush
; of buyers to fill their shelves after
j Labor day Yvere disappointed. How
ever, good buying in small lots is still
I the feature.
Lumber reports that a car shortage
! is holding back shipments and contrib
uting to higher prices. Structural
steel continues in good demand. Brick,
| hardYY-are, cements and paints are ac-
I tiY-e. *-
The Electrical Wofld reports central
i station outputs are growing and an
increase in tho sale of farm lighting
outfits is reported.
Detroit reports an employment In
crease again and there is doubt ex
pressed as to whether Henry Ford
will carry out his intention to close
his plants on Sept. 16.
Other leaders In the industry ate
| refusing to follow Ford. Automotive
! industries declare that production Is
j being maintained at a record clip.
IN THE COTTON MARKET
By United Financial
NEYV YORK. Sept. 9.—Realizing for over
the week-end gave cotton a slow start to
day. but a’lter it had been absorbed the
market advanced in sympathy with the
strength at New Orleans, from where there
were report* of better spot demand in the
interior of Texas. Before the sales lapsed.
| active months were up 12 to 21 points. New
j Orleans and locals were the principal buy
* er?.
The maxke tcloeecl firm, up 30 to 40.
High. Low. Close.
October 21.04 21.38 21.72
December 22.13 21.60 21 98
January 22.02 21.58 21.80
March 22.14 21.75 22.08
Mav 22.10 21 68 21.95
Ju’y .....21 90 21.81 21 81
Spot steady, up 30; raid uplands. 22.00.
By United Financial
NEW ORLEANS. Sept. 9—Manchester
cables carrying confirmation that mills using
American cotton would close Sept. 23 tor
an indefinite period had some effect on
! opening prices on the cotton exchange to
day. but strong buying and favorable indi
cations otherwise, caused the market to
oren steady. Prices were up except on
March futures from 4 to 19 points.
NAVAL STORES
By United Financial
SAVANNAH, Ga.. Sept. 9.—Spirits market
j firm yesterday: regulars 122; sales re
ported 331. „
Rosin market firm: YV. YV
! n Pf) YV. G. $6 15@6.40; N.. of ss.6t>@
i 5 70• N. $5.35@3.50; K., $5.3505.45: 1..
$5.35: H. G. F. E. D. B, $5.30@5.30.
—-Breed pta, 661: shipments, 233.
Pt
'"offerings: Spirits.. 331; rosin. 369.
METAL TRAttE
By United Financial
CI.F.Y'F.I.AND. Sept. o—Dally Meta.
Trade today savs: Steel work* activities in
Youngstown distrdt and nearby sections are
expanding as coal supplies increase, while
several more blast furnaces are lighted, im
portant producers of wire Products in the
Middle YVest have marked up quotations by
S3 ton to base of 53.50 for plain wire.
Pig iron price® continue to stiffen, bovn
north and south, but on small and
quent sales. Better export trade keep* cop
per steady at New Y'ork at 14 cent*.
No. 2 foundry pig iron. Cleve.and
erv, $35; basic pig iron, valley. s3o@.rt.
sheet bars. Ihttsburgh and Youngstown. 838
@4O; steel bars. Pittsburgh. s2@2-.0.
shoe,4, No. 28. black Pittsburgh. 83.350
8 50; plain wire. Pittsburgh basis. 5-.30@
2.50.
11