Indiana daily times. [volume], September 20, 1920, Home Edition, Page 10, Image 10

About Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922

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10
RAIL ISSUES
MARKET FEATURE
Industrial List Irregular—New-
High Records fo* Rails.
NEW YORK. Sept. 20.—The railroad is
sues again assumed market leadership at
the opening of the Stock Exchange today,
many of these shares advancing to new
high figures for the year.
Reading sold up nearly one point to
96 Vs.
New Haven advanced 1% to 3594; Rock
Island. 1 point to .19; Chesapeake &
Ohio. IV4 to 67, and Canadian Pacific, %
to. 122\.
Erie showed fractional improvement at
21 94.
i'he industrial list moved in an ir
regular manner.
Baldwin was in good demand, selling
up 194 to 11494.
Steel common dropped 94 to 90%,
while Crucible advanced 194 to 129.
Mexican Petroleum, after falling up %
to 18894. had a quick drop to IS6-94.
Invincible OH yielded fractionally to
39 and then crosssed 40.
Pittsburgh Coal was active and rose
over 2 points to 68%.
Central Leather yielded I*4 to 50*4, and
then rallied 1 point.
Business was very brisk during the
forenoon, with prices of many issues
fluctuating over a wide range.
New high records for the year were
made in many issues.
Mexican Petroleum, after declining to
15894, rose to 1909a-
Nerw Haven featured the rails with an
advance of 2 points to 36.
Reading sold at anew high movement
of 961a, a n d Rock Island rose to ><9)4.
Baldwin Locomotive touched 114%.
Steel common yielded to 90*4, and then
rallied to 91V
Mexican Petroleum, after a period of
heaviness, again rose to 193.
This helped all oils.
Houston made anew high for the
month at 114%.
The market closed irregular.
Profit taking in the last half hour
wiped out most of the earlier gains.
There was heavy pressure on the oils.
Close: United States Steel. 9094. off % ;
Baldwin, 114, up 94: Reading, 95*4, off 194;
Central Leather, 49%. off 295: Pan-Amerl
nian Petroleum. 9494. up 94; Union Pa
cific, 123. off 94? American Tobacco B
126*4, un 3*4: American Gulf. 151, up 1%;
Erie, 19\, off %.
(By Thomson & McKinnon.il,
—Sept. 20—„
Cash cprn, lc to 2c lower.
The domestic and foreign news over
the week-end presented nothing out of
the ordinary, a we term ‘'ordinary”
these days; and there was no special rea
son for unusual activity, but the market
has attained a momentum which, after
all, is as serviceable as anything else
because activity is itself the best at
traction and helps to center public at
tention on the merits or demerits of the
market.
The weak point In our structure at ibis
time is the uncertainty that prevails in
various branches of trade, and today's
action of Central Leather tended to em
phasise this point: but those who look
beneath the surface realize fully that
trade depression at th;s time is not the
result of overprodu -tion. which is usually
the cause, hut it is due to a lack of
confidence in the price, and, therefore,
when a satisfactory level has been agreed
up by buyer and seller, the world's
s. nrr.-'tr** will attain play a big part in
stimulating business.
m ihe meantime several branches of
the market arc strong, independent of
all other conditions, the oils because of
a constantly increasing world demand for
oil at high prices and the rails be
cause they are still at a level that is
consistent only with poverty and dis
tress.
anticipate a continuation of the
demand for these various groups and
in time a betterment in general business
conditions, which will help the general
Industrial list.
TWENTY AVERAGE .STOCKS.
NEW YORK, Sept. 20.—Twenty indus
trial stocks averaged 89.81. a decrease of
14 per cent. Twenty active rails averaged
89.23, an increase of 64 per cent.
Money and Exchange
Indianapolis bank e’earing* today were
$3,103 000. against $.'.738,000 a week ago.
NEW YORK. Sept. 20.—Demand ster
ling opened 304 off today at $3,529:
Francs were .0009. off ,o'JOt; lire demand
.0437. off .0003; marks demand 0.144, Hp
.0000; Canadian dollars .90.
NEW YORK. Sept. 20.—Commercial liar
sliver: Domestic unchanged at 99%c: for
eign *sc higher at 94%.
LONDON, Sept. 20.—Bar sliver was un
changed at 59%d.
NEW YORK LIBERTY BONDS.
—Sept. 20-
Prev.
High. Low. Close. Close.
3>,s i.. !M).IK 90.02 90.04 90.06
First 4s ....* 80.0*
Second 4s* .... 85.30 85.20 55.20 85.10
Third 494s ... 88.56 88.38 88.48 >S..V,
Second 4Vis .. 83.44 . 83.18 85.44 85.19
Third 494s ... 88,36 88.38 8.48 8,8.3s
Fourth 494s .. 85.60 85.46 85.60 85.46
Victory 4%s .. 95.60 9.3,32 9.3,34 9.3.44
Victory 3%s .. 95.56 95.52 95.56 95.40
MOTOR SECURITIES.
(By Thomson & McKinnon.)
—Sept. 20—
• -Opening—
Bid. Ask.
Briscoe 24% 261?
Chalmers com 1% 2%
Packard com 15 15 u,
Packard pfd 78 R 2
Chevrolet 250 500
Peerless 32 3+
Continental Motors com B*4 t)U
Continental Motors pfd 95% 071 .
Hupp com 15% ifiij
Hupp pfd 88 loi
Iteo Motor Car 25% 24%
risin Motors 7 7-14
Grant Motors 3% 4
) uru or Canada 330 340
I'nited Motor* 40 HO
National Motors 10 13
Federal Truck 20 32
Paige Motors 24% 35 %
Republic Truck 20 31 "
ACTIVE OIL STOCKS.
IBy Thomson A McKinnon.)
—Sept. 20—
. Opening—
Bid. As!:.
Anglo-America u Oil 21 (3 22
Atlantic Refining 117.' 1250
Borne-Scry laser t 410 425
Buckeye Pipe lAne 92 95
Obesebrough Mfg. Cons 320 2.10
Continental Oil, Colorado... 122 127
Cosden Oil and Gas 8 8(4
Crescent Pipe Line 30 32
Elk Basin Pete ,8% 9
Eureka Pipe Line 112 116
(lalenn-Signal Oil. pref 88 I*2
Catena-Signal oil. com 48 52
Illinois Pipe Line 157 162
Indiana Pipe Line ss 92
Merritt Oil 15% 15%
Midwest Oil ' 1 la,
Midwest Rfg 153 155
.National Transit .....’ 27 29
New York Transit 195 205
Northern Pipe Line 98 102
Ohio Oil 313 . 318
Oklahoma P. A It 5% r,
"•sage Hominy 46 49
•enn.-.Mex 46% 49
Pierce Oil 190' 192
Prairie Oil and Has 595 605
Prairie Pipe Line 225 232
Sapulpa Itefg 5% 5 %
Solar Refining 285 400
Southern Pipe Line 122 128
South Penn. Oil 275 280
Southwest Penn. Pipe Lines. 63 68
Standard Oil Cos. of Cal 314 318
Standard Oil Cos. of lud 720 725
Standard Oil Cos. of Kan 520 540
Standard Oil Cos. of Ky 365 375
Standard Oil Cos. of Neb 420 440
Standard Oil Cos. of N. Y 387 390
Standard Oil Cos. of Ohio 430 450
Kwan A- Pinch 70 80
Pnion Tank Line 12 -> 123
Vacuum Oil 360 370
Washington Oil 29 33
CHICAGO STOCKS.
(By Thomson & McKinnon.)
—Sept. 20-
Open. High. Low. Close.
Carbide &’ Carbon. 67*4 68*4 67% 67%
Mbby 13% 13% 13% 13%
Montgomery-Ward. 32% 33 32% 33
National Leather.. 10% 10% 10% 10%
Sears-Roebuck ....141 141 18# 129
Stewart-Warner .. 34 34% 32% 32%
Swift A C 0..:..... 101% 110% 109% 110%
Swift International 32% 33 32% 33
Leather.... 15% ...,
Corn Slumps to
Below $1 Mark
KANSAS CITY, Sept. 20. For the first
time since 1917 ebrn sold below a dollar
a bushel here today, when December de
livery dropped to 9994 c.
Increased country offerings and con
tinued worm weather to mature the big
crop before frost, was given as reason
for the decline.
Indianapolis Securities
—Sept 20—
STOCKS.
Ind. Ky. & Light Cos 55
lud. Ry. & Light pfd 96
Indpls. & Northwest, pfd 75
Indpls. & Southeast, pfd 75
Indpls. St. Ry 60 70
T. H„ T. & L. pfd 56
T. H„ I. & E. com I*4
T. H., I. & E. pfd 16
U. T. of Ind com 1
U. T. of Ind. Ist pfd 10
U. T. of Ind. 2d pfd 2
Miscellaneous —
Advance-Kumely com 28
Advance-Kumely pfd 59
Amer. Central Life 235 ...
Amer. Creosoting pfd. ..•••• 93
Belt Railroad com 70 80
Beit Railroad pfd 4794 •••
Century Building pfd 95
Cities Service com 291 295
Cities Service pfd 66 6614
Citizens Gas 32 35%
Dodge Mfg. pfd 1?4 •••
Home Brewing 55 ...
Indiana Hotel com 61 ...
Indiana Hotel pfd 91
Indiana National Life 494 •••
Ind. Title Guaranty 59 71
Indiana Pipe Line 86 94
Indpls. Abattoir pfd 45 51
Indianapolis Gas 45 50
Indpls. Tel. com 7
Indpls. Tel, pfd 88 ~„...
Mer. Pub. Util, pfd
National Motor 10 15
Public Savings 294 ••
Unuh Fertilizer pfd 43
Standard OH of Ind 720 ...
Sterling Fire Insurance 8
VanOamp Hdw. pfd.. 95 ...
YanCamp Pack, pfd 9-5 ...
VanCarap Prod. Ist pfd 95 ...
1 YanCamp Prod. 2d pfd 95 ...
Vandslia Coal com 5
I Vnndalia Coal pfd 10
Wabash Ry. com. 10
Wabash Ry. pfd 29*4 ...
Banks and Trust Companies—
Aetna Trust 190 •••
Bankers Trust 118
City Trust ? 82
Commercial National 65 ...
! Continental Natl. Bank 112 ...
, Fnrmers Trust 200
i Fidelity Trust 120
Fletcher Am. National 236
Fletcher Sav. & Trust 163
Indiana National 285 290
Indiana Trust 19°
Live Stock Exchange 450 ...
Merchants National' 276
National Citv U- 11294
People's State 176
Security Trust 120
State Savings k Trust 90 91
Union Trust 340 370
Wash. Bank & Trust 149
BONDS.
Broad Ripple ss. 45
Citizens St. Ily. 5g...e 72 82
Ind. Coke & Gas Cos. Cs 87
Indian Creek Coal & Min... 98 ..
Indpls. & Colurn. South. 55.. S8 ...
Indpls. & Greenfield 5s 90
indpls. & Martinsville 55... 45 ...
Indpls. & North ss. 30 41
Indpls. &. Northwestern 55.. 49 54
Indpls. & Sonthiastern 45
Indpls., Shelby & S. E. 5s . 80
Indpls. St. lty. 45.. 57 67
Indpls. Trac. & Tesffn. 5s ... 67
Kokomo. Marion <k Western. 80 85
Union Traction of Ind. 65... 47% 55
Citizens Gas Cos 75 78
ind. Hotel 2d sis 95 100
Indpls. Gas 5s 72 80
Indpls. L. & H 75 82
Indpls. Water 5s HS 92
Indpls. Water 494s 71 80
M. H & L. ref. 5s 85 90
New Tel. Ist 6s 94
New Tel. Long Dist. 5s 93% ...
South. Ind. Power 6s 86
LIBERTY BONDS.
Liberty 394s 90.0s 90.28
Liberty first 4 S6.UO
Liberty second 4s 85.30
Liberty first 4%- 86.10 Mi.so
Liberty second 4%s 1. 85.40 85.60
Liberty third 4%s 88.54 55.74
Liberty fourth 4%s 85.50 85.70
Victory 3 a *s 95.54 93.74
Victory 4-%s 95.60 95.76
SALES.
10 shares National City Bank at 112*
in the Cotton Market*
NEW YORK, Sept. 20—Declines at
Liverpool reflecting fears of an extension
of the Oldham Mill strike caused a weak
opening in the cotton market here to
day. first price* being 27 to 47 points net
lower.
Heavy sales for Liverpool account were
absorbed by spot houses and this de
mand. together with talk of tropical dis
turbance in tic gulf, caused subsequent
rallies of about 25 points fr<*tn the lowest.
New York cotton opening: Octolter.
28.25 c: December, 25.50 c: January, 24.20 c;
March. 23.15 c; May. 22.70 c; July. 22.35 c.
Most of the furenoon the market con
tinued strong and bullish, although just
before the close realising caused a
slight reaction.
Final prices were 20 to 45 points net
higher.
NEW ORLEANS. Sept. 20.—Cotton
futures opened barely steady, unchanged
to 28 points lower on lower cables and
spot houses selling and dropped 17 to
li points further.
Later reports of short crop and fore
casts of unfavorable weather in sight
brought a sharp rally, prices advancing
35 to 108 points.
The market dosed steady with quota
tions 35 to 75 points net higher.
LIVERPOOL. Sept. 20. Spot cotton
opened quid; futures were easier: sales
totaled 4 010 bales. American middlings
fair. 27.53d; good middlings. 24.78d: full
middlings. 23.03d; middlings, 21.25d; low
middlings. 17.4 u d : good ordinary. 14.03d;
ordinary, 13.03 J.
CORN AND WHEAT BULLETIN.
For the twenty four hours ending at 7
a. m. 90th meridian time. Mondav, Sept.
20:
oper
i ature. g_ *
111 ~ 5 £ m
Stations ot j i a -r: g “
Indianapolis * ~ 5* u :
District £ 9 fS? 5J
Is 55
South. Bend j 75 i 56 J 0 | Good
Angola 73 j 50 0 {Good
Ft. Wayne I7OJ 48 | 0 j
Wheatfielil | 87 j 56 J 0 j Good
Rovnl Center....! I ]
Marion 177' 53 j 0 j Good
Lafayette 85 61 0 Good
Farmland .. 80 !56 j 0 Good
Indianapolis . ...| 85 j6O | 0 Good
Cambridge City..! 84 49 ; 0 Good
Terre Haute 86 !60 j 0 j Good
Bloomington ....| 88 jsl j 0 (Fair
Columbus ; 85 ! 54 j 0 Fair
Vincennes J....1....1 1
Evansville * 86 66 ! 0!
J. H. ARMINGTON,
Meteorologist', Weather Bureau.
NEW YORK METAL MARKET.
NEW YORK, Septv. 20.—Copper—Dull;
September offered 18%c; October offered,
18%c; November offered. 18%e; December
offered, 19c. Lead—Dull; spot. Septem
ber, October and November offered, Bc.
Spelter—Quiet; spot and September of
sered, *7.75; October offered. *7.90; No
vember and December offered. $7.95.
WHOLESALE PRODUCE.
Eggs—Fresh, loss off. 52c.
Poultry—Fowls. 30c; broilers. 1% to 2
lba., 32033 c; broilers. Leghorn, 29c
cocks, 17c: old tom turkeys, 32c; young
tom turkeys. 12 lbs and up, 87c; young
hen turkeys, 8 lbs and up, 37c; cull thin
turkeys not wanted; ducks, 4 lbs and
np, 25c; ducks, under 4 lbs. 18c; young
ducks, 28c; geese, 10 lbs and up I6e -
young geese, 22c; squabs, 11 lbs to dozen’
*6: guineas, 2 lbs, per dozen, *7.50.
Butter—Buyers are paying 67@58e tot
creamery butter delivered at Indianapolis
Butterfat—Buyers are paying 580157 c
for cream delivered at Indianapolis.
Cheese tjobers' selling prices)—Brick.
30031 c; New York cream, 36c; Wiscon
sin full cream, JHSi33c; longhorns. 31©
33c; ,Umburger, 32088 c; Swiss, domestic
55c, imported, *101.06,
HOG PRICES
STILL ADVANCE
Hogs Advance 10 to 25 Cents—
Cattle Dull.
RANGE OF HOG PRICES.
Good. Good Good
Sept. Mixed. Heavy. Light.
13. $17.00(017.25 $16.85 @ 17.00 $17.25017.50
14. 17.25 017.50 16.60(0117.25 17.40(017.75
15. 17.10017.35 15.73@J7.10 17.40@17.7a
16. 17.00 0 17.25 16.50 @ 17.00 17.26@17.60
17. 17.26017.50 16.90@17.25 17.40@17.65
18. 17.7 5 @ 18.00 17.00 @ 17.75 18.00018.15
20. 18.00 018.15 17.55018.00 18.00018.25
An unusual number of orders from
esatern shipers, a reflection of strong sen
timent from outside markets and a fairly
light supply caused an advance of 10®25c
in prices at the opening of the hog mar
ket today. .oo-
Light hogs a reached a top of $18.2,*,
and the bulk of the good hogs sold at
slß® 18.25. o
Good mixed hogs brought sl߮lS.lo,
and good heavies $17.45® 18, with but very
few selling under $17325.
Roughs were 25c higher than on the
closing dav of the last week's market
at sl6 25. and best light pigs were fully
25c lower than the prices of the Satur
day market at $17.50 and down.
The bulk of the sales ran $17.85® 18.1,*,
Receipts for the day approximated
6.000, but indications late in the fore
noon were that there would not be a
good clearance for the day.
The Saturday clearance approximated
within 600 of the total receipts.
Practically all of the sales were made
to eastern shippers, as local packers were
not active in the market.
Kingau & Cos., usually the biggest
buyer of tbe local packers, were not In
the matket at all.
At the opening of the market a side
range of prices was established in the
cattle market on acount of the number
and variety of grades that were offeerd
for sale.
Prices ranged from steady on good
grades to 25c to Sot‘ loner on poorer
grades, which were the prevailing grades.
Receipts were fairly large for the
opening of .the week at approximately
2.000.
At the best the market could be said
to be dull.
Good steers were steady, but the poorer
grades were lower; good cows and heifers
were fairly steady, what few there were
on the market, and the eanners held
firm.
With the dull trade that prevailed and
the lower prices on the poorer grades,
commission men said that minty of the
cattle would tie held over for tomor
row and probably even longer, unless
there were some indications of better
prices.
With a poor grade of calves on the
market prioes -were steady on the few
good calves for sale, to $1 on the me
dium and common grades.
Receipts for the day appproxlmated
750.
With 300 sheep and lambs on tbe mar
ket, sheep were steady and lambs were
50c to *l. with n sl3 top.
Sheep prices ranged at $5(546.
HOGS.
Best light hogs. 100 to 200 lbs.
average 18.00® 18.25
250 to 300 lbs. average 17.25®18.00
Over 300 lbs 16JO® 17.00
Sows 15 25® 16.25
Best pigs, under 140 lbs 16.75® 17.50
Bulk or sales 17,85® 18.13;
CATTLE.
Prime cornfed steers, 1.3%) lbs
and up 15.00® 17,30
Good to choice steers, 1,200 to
1.300 lbs 13.75® 16.00
Good to choice steers, 1,100 to
1.200 lbs 11.50(0,1400
Good to choice steel s 1,000 to
1,100 lbs 10.00® 13 O' l
Common to medium steers
900 to 1.000 lbs • 8.50® 10.50
—Heifers and Cows—
Good to choice heifers 11.00®1400
Medium heifer* W.OO® 10. W
Common to medium healers.. 0.50® 8.00
Choice cows 9.50® H. 50
Good to choice cows B.lJ"® 9.00
Fair to medium cows 6.50® 7.50
Canners 4.no®’ 4.50
Cutters 5.75® 7.75
—Bulls—
Good to choice butener nulls 7.50® 3.00
Bologna bulls 6.504$ 7.50
Light common bulls 4.50® 6.50
—Calve* —
Choice veals 16 506$ 17.50
Good veals 15.(*0®16.00
Medium teals iO.oo® 13.50
Lightweight veals 7.00® 10.00
<—Stockers and Feeders—
Good to choice steers, BSO lbs.
and up o.oo® 10.00
Good to choice steers, under
800 lbs B.oo® 9.00
Medium to good c0w5........ 5.50® 6.00
Good cows 6.00® 7.00
Good heifers 7.00® 8.00
Medium to good heifers 0.75® 7.00
Good milkers 50.00® 125.00
Medium milkers 00.00® 100.30
Stock calves. 250 to 450 lbs. 7.00® 900
SHEEP AND LAMBS.
Good to choice sheep 5.00® 6.< 0
Fair to common 2.50® 3.71
Bucks /• 4.00® 450
-jl-Lamos—
Comaion to < h,Ace yearlings ft.uo® 6.50
Spring lamb* 8.50® 13.00
Other Live Stock
CHICAGO, Sept. 20. liogs Receipt*.
22,000; market, 25®.35c up; bulk, *16.40®
18.15; butchers. *17®17.90; packers. $16.50
(016.90: lights. *17(01.8; lights, *15.75®
17.50; roughs. *l6® 16.50. Cattle Receipts,
5,000; market steady, slow; beeves, *17.50
<018.25: butchers. *5.50011.50; canners
and cutters, *4.3507.50; stoeker* and
feeders, *6.25(012.50; cows, *6.25® 12.50;
calves. *l.">®lß. Sheep Receipts, 3.000;
market, slow, lower; lambs, 1 *8.25(012.50;
ewes. *3© 13.75.
CINCINNATI. Sept. 20. Hogs Re
ceipts, 3.300: market 25050 c higher;
heavy. *17.50(018; mixed and medium,
*1.8; light. *17.75: pigs. *l4: roughs, *ls;
stags. *ll. Cattle Receipts. 3.700; mar
ket 23050 c-flower; hulls, steady: calves.
*18(0ls.So. Sheep and Lambs- Receipts,
700: market strong; sheep, *1.50® 0.50;
lamb*. *6(014.50.
CLEVELAND, Sept. 20. — Hogs Re
ceipts, 4,000; market 25(0448 up; york*
ers $18.50; mixed, *18.50; medium. *18.50;
pigs, *17.50; roughs, *14.50; "tags, *9.50.
I Cattle- Receipts, 1,400; market 50c lower;
i -’uod to choice steers, *12(014; good to
choice heifer*, *9(011; good to choice
cows, *8(09; fair to good cows, *o®B.
bulls, $7.54X08.50; milkers. *50(0150. Sheep
and lamb*- Receipts, 16; market steady;
top, *13.50., Calves Receipts, 1,000;
market strong; top. *l9.
PITTSBURGH, Sept. 20. Cattle Re
cejpts. high; market steady; choice.
Sls® 15.50; good, *13.70(014.50; fair. *12.25
(013.50; veal calves, *18.50(019, Sheep
and lamb receipt*, two doubles; market
slow; prime weathers, *8.50(0 9; good,
*7.0608.25; fair mixed, *6(06.50; spring
lambs, $14(014.75. Hogs -Receipts, 40
doubles; market higher; prime heavies,
*17.75® 17.85; mediums, *18.75® 18.85 ;
heavy yorkers, *18.75® 18.85; light york
ers, *18.25@1&50; pigs. *17.75(018; roughs,
*l3® 15.73; stags, s9® 10.
EAST ST. LOUIS, 111., Sept. 20.—Cattle
—Receipts. 7.500; market slow; unftvi
beef steers, *ls. <s® 16.50; yearling beef
steers and heifers. $15.50®16.50; cows,
*9® 12; stockers and feeders, *6010.50;
calves, *15.50®]6.25; canners anil cutters,
$406. Hog* Receipts. 7,500; market 35
®s(>e higher; mixed and butchers, $17.00
®lß.2f>; good heavies, $16.50017.75; rough
heavies. *13.75® 15.50: lights, $18.10(018.25:
pigs, *14.50® 17.75: bulk of sales, *l7 90
(a 18.20. Sheep—Receipts, 3,200; market
steady; ewes, *608; lambs, *12.50® 13;
canners and cuttters, *2(06.
EAST BUFFALO, Sept. 20. Cattle
Receipts, 4,200; market, slow, 25@75e low
er; prluip steers, *160)17; shipping sleers.
.14.50(g) 15.50; butcher grades, s9® 14.50;
heifers. *6(012; cows, *3(010; bulls. *6@
9.50; mlleh cows, springers, *40(015(1.
Calves- Receipts, 1,500; market, active,
lower; culls, choice, $5(011. Sheep and
lambs-Receipts, 1,000; market, lambs
active. 50 cents lower; choice lambs, *l4
@14.50; culls, fair. *10(013.50; yearlings,
*.8(09.30; sheep. *s@s. Hogs Receipts.
1.203: market, active, 25(050c lower; York
ers, $18.75; pigs. *18; mixed. *18.75; beuv
ies, *18.25@18.50; roughs. *14(015; stags.
*9(010.
CLEVELAND PRODUCE.
CLEVELAND. Sept. 20. -Buttter—Extra
in tubs. 63®0.3%0; prints 1e higher; extra
firsts, 62®62%c; firsts. 61®61%c; seconds,
57008 c; packing stock. 40c. Eggs -Fresh
gathered northern Ohio, extra, 61c; extra
firsts, 60c; Ohio firsts, new eases. 57c; old
cases. 55c: western firsts, new cases, 54c.
Poultry-r-Liye, heavy fowls, 37®38c;
light, 80085 c; broilers, 34088 c; roosters,
8<B84c; spring ducks, 80033 c.
INDIANA DAILY TIMES, MONDAY, SEPTEMBER 20, 1920.
If ' '
Terse Market Notes
NEW YORK, Sept. 20.-^According to
reports here the anthracite coal strike
in the Pennsylvania fields has been
called off. except in one district, and
general operations were resumed today.
The Federal Reserve bank ratio is un
changed at 39.5 per cent.
The weekly statement of the Federal
Reserve board shows banks’ ratio has
increased from 42.8 to 43.8 per cent.
According to the report of the Depart
ment. of Labor, employment in fourteen
of the largest industries decreased large
ly during the month of August. ,Tbe
largest decrease among the industries is
that of the automobile industry, where
there was a decrease of 10.8 per cent.
Reports from over the entire country,
however, show that the labor thus re
leased was quickly absorbed by other
Industries,
A statement In the Railway Age says
that more freight was handled by the
roads during the month of August than
ill any other four weeks of the preseut
year.
STATE CROP SUMMARY.
Considerable plowing was done by the
farmers over the state during last week,
the soil generally being in good condi
tion. Other outdoor work advanced rap
idly.
With favorable weather conditions pre
vailing during the week lust passed,
there is now about 25 per Cent of the corn
crop out of the way of frosts. Considerable
cutting and some silo filling lias been
done.
Because of the exceptionally favorable
conditions, some wheat and rye was sown
in the northern part of the state, but
most farmers are waiting for the fly-free
dates.
Where cars are obtainable, the move
meat of oats to the market Is quite ex
tensive.
Recent rains have given young clover
seed impetus and in nearly all section*
It is in splendid condition. Clover and
bulling Is going on now at a rapid rate
with yields very irregular, but a much
larger crop will be harvested this year
than last.
The peach crop is practically gone in
this state. Apple picking and eider mak
ing Is eommeiu-ing in some seetlon* now.
Pastures are good in some localities,
but very poor in others.
The epidemic of hog cholera is still bad
111 some of the eastern counties of the
state. All other stock is In splendid con
dition of health.
According to reports, the labor supply,
in most sections of the state, is equal to
the demand at the present time.
On Commission Row
The (one of trading on the wholesale
produce market at the opening of the
market today was about the usual tone
of,an opening day market.
However, all indications point to much
better trade this week, due in part to
the extra thousands drawn here by the
G. A. it. convention who will have to be
fed.
TODAY’S PRICES.
Apples- -Baskets, *1.50@2.50.
Sweet Apple Cider l’er gal., *1; half
gal, COc.
Bananas —Pound. 10c.
Beans Michigan navy, lu bags, per lb..
8@.8%e; California linias, in sack* 13®
14e; Colorado plntos, in baga. per lb,
S'i ®B%e; red kidney a. in bags, per lb..
I.B® 19c, California pink chili, in bags,
per II). 8%®8%e: lintels, per lb, 15c;
California red chili, In bags, per lb, 8%
©8 %c.
Beets—Fancy home-grown, per bu,
*175
Cabbage—Home-grown, per brl, $1.50.
Beans Green, fancy home-grown, per
bn, $1.75.
Cantaloupes—Fancy home-grown Tip
Tops, per bbl, $5 50: Honey Dews. Bs. 9s
atnl 12s, per crKte, *.<<03.50; Ohio Rocky
Fords, per standard crates, *2.75(03; flats,
*l© 1.25.
Carrots- Fancy home grown, per bu,
$1 50.
Celery--Fancy High Rail, per crate. *2
Cucumbers Fancy home grown, pc
do*. 40c.
Eggplant—Fancy home-grown, per doz,
*1.40® 1.50
Grapes Home-grown, per lb, 6® 7c;
California. white seedless, per 25-lb
rate, *2.73©3; California Malaga, oer 24-
lb crate, *2.000.3 : California Malaga, per
24 lb crate, *2.5003.
Lemons- Extra fsnty California, per
crate. *4(04 50
Lettuce—New York head, per crate, *2O
2 50.
Mangoes—Fauey home-grown, per bu,
*1.50
Onions—Fancy home grown, yellow,
per bbl, *4; per bu, *1.50; fancy western,
yellow per 1001 b sack, *2.75; fancy
Spanish, per crate, $2 50; fancy pickling,
per 45-H) bask'd, *3.50; per 20-lb box,
51.50: fancy Indo white, per 100-lb bag,
*3; per bu. Si 65
e Oranges Extra fancy California Valen
cias per rr le. *708.50.
Parsley— Fancy home grown, per dos.
25c.
Peaches Michigan Elbrrtns, prr bu,
*3.25(013 50; New York. St. John s, per bu,
S3 50; other grades, *1.7502.50 per bu.
Pears- All kinds, $1.5004 per bu.
Radishes Button, home grown, per
doz, 25c; fancy long, per doz, 25c.
Potatoes- Fauey Eastern Cobblers, per
150 1b sack. $5.25; fancy Minnesota and
Early Ohios, per 150-ln sack, *404.50;
fancy Michigan round whites, per 150-lb
aack, *150; Kentucky Cobblers, per bbl,
*4 75; Irish Cobblers, per bbl, *505.25.
Sweet Potatoes—Fancy Virginia Red
Stars, bbl *7 50; fancy Virginia plain,
per bbl, $6.50; fancy Virginia plain .per
hamper, *2.75.
Spinach—Fancy home-grown, per bu,
$1 25.
Squash—Summer, per bu. *1.73.
Sweetcorn —Home-grown, per doz, 20®
Tomatoes— Fancy home-grown, per bu,
25.0*125.
Turnips Fancy home-grown, new. per
bu. *2.5002.75.
Watermelons—Fsncy Florida, each, 23@
35c; Osage melons, per bbl, $303.25.
Weathiv
The following table shows the state of
tho weather at 7 a. in., Sept. 20. as ob
served by United Btaton Weather Bu
reaux.
Station. Bar. Temp. Weather.
liiillttnnpolix, ,Ind.. 30.50 •* I’tCldy
Atlanta. Ga 30.08 is Clear
Amarillo. Texas... 29.94 CO Clear
Hisniatck, N. 1>... 29.98 54 Cloudy
Boston, Mass 30.20 , 50 Clear
Chicago. 11l ,30 04 64 I’tCldy
Cincinnati, 0hi0... 30.14 60 Clear
Cleveland. 0hi0.... .’10.22 18 Cloudy
Denver, Colo 29.88 6(1 Clear
Dodge City, Kan.. 29 94 (44 Clear
Helena, Mont 29.64 56 I’tCldy
Jacksonville, Fla.. .'10.03 *<• Clear
Kansas City. M 0... 29.96 68 Clear i
Louisville, Ky 36.12 (12 Clear
Little Rock, Ark... 30.04 68 Clear
Los Angeles,'Cal.. 29.88 62 Clear
Mobile. Ala .'to(Mi 70 PtCldj
New Orleans, La... 29.98 76 I’tCldy
New York, N. Y... 30.24 50 I’tCldy
Norfolk, Vn 10.20 68 Clear
Oklahoma city.... 30.00 62 Clear
Omaha, Neb.. 29.94 62 Cloudy
Philadelphia, Pa.. 30.26 54 Clear
Pittsburgh, Pa.... 30.20 52 I’tCldy
Portland, Ore 29.68 56 Rain
Rapid City, S. 1).. 29.90 66 Cloudy
Roseburg, Ore 20.92 59 Cloudy
B'an Antonia, Tex.. .30.00 (18 Clear"
San Francisco, Cal. 30.0(1 60 Clear
St. Louis, Mo 30 09 (A Clear
St. Paul, Minn.... 30.04 52 Clear
Tampa. Flu 29.96 76 Clear
Washington, I). C. 30.20 56 PtCldy
WEATHER CONDITIONS.
A field of high liuromeurle pressure
now covers the section east of the Mis
sissippi river, but an extensive depres
sion prevails over most of the region to
the westward across (he plains and
Rockies, with a secondary center this
morning In tho lower Missouri Valley.
In connection with the latter, unsettled
weather extends to the Great Lakes, with
scattered showers. It Is a little cooler
Ir the east, and frosts occurred last
night In some localities in the north
eastern States. Slightly warmer weather
prevails generally from the Missouri Val
ley northwestward, over which region
the temporalures are considerably above
normal. .1. 11. ARMINGTON,
Meteorologist, Weather Bureau.
LOCAL HIDE MARKET.
Green Hides —No. 1,13 c; No. 2. 12c.
Green Calves —No. 1. 20c; No. 2, IB%c.
Horsehldes—No. 1, $6; No. 2, $5. Cured
bides—No. 1,15 c; No. 2. 14c.
GRAIN PRICE
RALLY AT CLOSE
March Wheat Regains Loss—
Corn Still Down.
CHICAGO, Sept. 20.—After opening
weak on large receipts and under gen
eral selling pressure, grain quotations
on the Chicago Board of Trade rallied
at the close today.
Corn was especially weak at the open
ing. due to the continued warm weather
and other favorable crop contdtions.
Wheat followed the corn market.
Provisions held steady through the ses
sion.
December wheat, after dropping 294 c
at the opening of $2.38, regained 2c at
the close.
March wheat was off 2c at the opening,
$2.33, but closed up l%c.
September corn, off 394 c at the open
ing, $1.22, rallied 294 c at the close.
December corn, opening at $1.07, was
off 194 c, but regained lc later.
At 58%c, September oats were off 194 c
from Saturday’s close at the opening, and
U*s an additional 194 c at the close.
December oats, opening at 62c, were off
%e, and closed an additional l%c lower.
(By Thomson A: McKinnon.)
—Sept. 20-
Wheat—There Is some interchange of
cash wheat between Eastern and Western
holders, probably in the way of comple
tion of old export sales, as new foreign
demand is reported slow. Cash market
shown considerable strength under a de
mand from interior miller and because
the receipts are abnormally small. Pre
miums for some grades have been ad
vanced from 1 to 3 cents. No. 1 red
selling at 16 to It) over December. No. 1
hard 12 to 14 over. Bids to the country
for fifteen days' shipment are only
over December. Undertone of this mar
ket is strong, gathered largely from re
fusal of tbe country to accept prevailing
prices instead from abroad demand. Re
tention of surplus by farmers Is expect
ed to build up a bearish situation at
some unknown time in the future.
Corn -Existing weather, forecast and
heavy receipts precipitated very general
selling in corn. Previous sellers accepted
this opportunity to take profits. The
cash situation is anything but strong.
Current receipts are being taken by elc
vators for the purpose of building up
accumulations here and probably with
contemplation of delivery on September
contracts. In the early market there
were no bids whatever for corn to ar
rive form the country. During the day,
bids of four under September for five
day* shipment and eight over December
for fifteen days shipment were made,
it Is not possible to point to any im
provement In the demand from eastern
distributors, sales reported today being
only 40.000. The market ts entitled to
a steadiness, or possibly some rally
particularly In the event of unfavorable
eeather, but the willingness of the coun
try to sell the old corn and the practical
assurance that an enormous crop will be
matured do not warrant the idea of au
advance
t*at* It is constant! v reported that
the country is a very reluctant seller of
oat*. None the less, the visible supply
lucrense* Ilberslly each week The stocks
in Chicago alone arc s% million The
;< tal visible Is (bout the same ns a v*ar
ugo. Distributing demand Is negllble
Uaah interests are bidding only Septem
ber price to 1 over for ninety days'
shipment from the country. Market re
sists pressure of Its relative cheapness
but there Is very little interest dis
played on the Investment side.
Provision* A good cash trade in hog
Products is reported and hogs continue
strong. Packers are buyers of the nearby
deliveries at times, but beyond this the
market Is neglected. Cash Interests ar.
frtendly but the Investing public seem*
uninterested.
CHICAGO GRAIN.
- Sept. 20—
W HEAT— Open. High. Low, (lose.
Dec 2.38 2.40% 2.37*4 240
March... 2.33 2.35% 2.33 234 V
CORN—
Sept.,.. 1.22 1.24% 121 *, 1.24%
OATS—**" 107 ,08 * 1.415*4 108
Sept 58% 50% 58% 59
Dec 02 62 % 61% !%
PORK—
Sept 25 75 28 00 25.75 26 00
Oct 26.50 26.50 25.40 26.25
LARD—
•Sept 20J5
Oct 20 70 20.67 20.70
RIBS—
•Sept 17.70
(ct 17.95 17.96 17.80 17 80
•Opened nominal.
CHICAGO CASH GRAIN.
CHICAGO, Sept. 20 Wheat No. 1 red.
S2 54%®2 57*: No 2 red. $2.33%®2.57;
No. 3 red, $2 54 ®2 sfl; No. 4 red, $2 54;
No. 1 bard, winter. $2.51 %® 2 52%; No. 3
hard winter, $2 47®2 49. Corn—No. I
mixed. $1 .22%®J 25% ; No. 2 mixed.
$122%®!.27%; No. 2 yellow. $1.22%®
128%; No. 4 yellow. $120; No. 3 white
$121; No. 3 yellow. $1.21® 1 22%; No l!
51.20%®121%; No. 4 white, $1.20; No. 4
yellow $1 .20%® 1.21 % Outs No. 1 white.
60\®61%c; Nil. 2 white, flov..®l%c No
3 white, 50%®60%c; No. t white. SSUr „
50'ac.
TOLEDO CASH I,Rl|\
TOLEDO, Ohio, Sept. 20. Wheat
•'ash, $2.59; December. *2.54. Corn No
2 yellow. $1.26® 1.27. Oats No 2 white.
62--. Bye— No. 2, sl.Ol. Harley No. 2,
slls. i'iovereeed • ish. sl4 75; October,
$15.60; December. $15,50; February. 15.55;
March, $15.5g; .Lmiiory. 15.55. ’i'linothy
Cash (1918*, $3.90 1019. $3.85; October
$3 70; December. S3.JO; March, $3.75. Al
slke—Cash, $10.50; October, December
and March, sl7
PRIMARY MARKETS.
(By Thomson & McKinnon.)
—Sept. 20-
Wheat. Corn. Oats
Chicago 90,000 369,000 231,000
Milwaukee. .. 12,000 U7,o(si 318,000
Minneapolis... TUI.(HH) 45,<KMl 30.400
Duluth 330.000 102,000
St. Louis 260,000 77,000 128,000
Toledo 17,000 10.000 140,000
Detroit 18,000 12,000 32,000
Kansas City.. 4.54.00(1 28,000 73,0(t0
Omaha 144,0(8) 04,(MMt 44,000
Indianapolis.. 13,000 60,000 70,(MM)
Totals 3,138*000 762,000 1,488,000
Year ago.. .3,626,000 589.4 MM) 1.025,000
—Shipments- -
Wheat. Corn. oats.
Chicago 328,000 180,000 272.0(H)
Milwaukee 5.000 39,000
Minneapolis... 199.1 MM) 14,(MM) 40,000
Duluth 176,000
St. Louis 125,000 39,000 36,000
Toledo 2,(MM) 1 .(MM) 10,000
Detroit 12.0IM)
Kansas City.. 188,000 5,000 19.000
Omaha 80.000 56,(MM) 28.000
Indianapolis.. 4,000 17,000 16,(MM)
Totals 1.108.001) 317,000 502.000
Year ago.. .2,074,000 320,000 734,000
—Clearances—
Domestic W. Corn. Oats.
New York 200,000
Philadelphia.. 22,(Mi1)
New Orleans.. 224,(MM)
Galveston 2,106,(M10
T0ta15.....2,552,000
Year agosT. 558.00(1
INDIANAPOLIS ( ASH GRAIN.
Sept. 20 —
Bids for car lots of grain and liny at
the call of the Indianapolis Board <f
Trade were: Wheat Firm: through
billed, track, milling. No. 2 red, *2.53®
2."i4.
Corn —Easy; No. 3 white, 41.19® 1.20;
No. 3 yellow, *1.17%® 1.18% ; No. 3 mixed.
*1.16%® 1.18.
Oats Easy; No. ' T ’ white, 59'I® (Mr ; No.
3 white, 58%@59c; No. 2 mixed, 50%®
57 %c.
Hay—Weak; all new; No. I timothy,
*29.50030; No. 2 timothy. *28.50®29; No.
1 light mixed, *28®28.50; No. 1 clove",
*28®,28.50.
—I nspeetions
Wheat No. 1 red. 3 ears; No. 2 red.
3 curs; No. 3 red, 3 ears; No, 1 red. 4
cars; No, 5 rod, 2 ears; No. 1 mixed,
1 ear; total, 10 ears.
Corn -No. 1 white .'loins; No. 2 white.
18 ears; No. 3 white. 2 eats; No. 1 yel
low, 2 ears; No. 2 yellow, 23 cars; N >. 3
yellow, 2 cars; s|<>- 0 yellow, 1 car; sam
pie yellow. 1 ear; No. 2 mixed, 1 ears;
ear, 1 ear; total. 57 ears. -
Oats —No. 2 white, 39 cars; No. 3
white, 7 cars; No. t white, 1 ear; total,
47 ears.
Rye No. 1, 1 ear; X'>. 2. 3 cars; nm
pie, 1 ear; total, 5 cars.
Ilay—No. 2 timothy. I car; No. 2 do
ver mixed, 1 car; No. 1 clover hay. 2
cars; total, 5' cars.
WAGON WHEAT.
Indianapolis flour mills and elevators
are paying *2.40 for No. 1 red wheat,
$2.37 for No. 3 red wheat and *2.34 foe
No. 3 red. Other grades according to
their quality.
Oats—s3c.
ARMLESS, MAKES
BABY’SPRETTIES
Motker, in Hospital, Com
pletes Little Wardrobe.
DENVER, Sept. 20.—Dainty baby
garments made by a mother who is
armless awaited the daughter who
was born to Mrs. J. 0. Teagarden here
today.
“Where there’s a will there’s a
way,” Mrs. Teagarden said today at
the hospital.
She made all the clothes for the
expected baby during the last few
weeks.
She guided the cloth under the sew
ing machine needle with her ehin,
stlched, cut out patterns and threaded
the needle with her feet.
Mrs. Teagarden was born without
arms.
iin baby's outfit is more cortapleto
than that of most arrivals at the hos
pital maternity ward, nurses said to
day.
The baby is normal.
PACKERS’ PLAN
MAY MEET KICK
Holding Corporation Doesn’t
Face Sweeping Approval.
WASHINGTON, Sept. 20—Assistant
Attorney General Galloway today an
nounced that no decision by the Depart
ment of .1 uslice would be made regard
ing the dissolution plan submitted by
the big packers until the packers have
tiled their amendments and the govern
ment's objections are framed.
The packers must submit any amend
ments they wish to offer to thetr orlgl
na! plan filed some weeks ago In the
District Supreme Court by tomorrow.
It is understood tbe packers’ plan for
the formation of a holding corporation,
beaded by F. 11. Prince & Cos. of Bos
ton to take over the public stock mar
ket holdings does not fully meet the
approval of the Department of Justice.
Attorney Geueral Palmer, It Is under
stood, has Indicted to counsel for the
pickers that the plan as outlined is not
responsive to the court's recent decree
ordering the disposal of all the packers’
unrelated lines.
The Government, it Is said, is ready
to Insist that the packers divest them
selves of their unrelated holdings abso
lutely without retention of control
through secret stock-holding devices.
PRICE OF LIBERTY
BONDS MAY GO UP
Secretary Houston Hopes to
Decrease Market Supply.
WASHINGTON, Sept. ** -Secretary
Houston <f the Treasury Department
hope* to see the Government buy In up
wards of $200,000,000 worth of liberty
bonds during the current fiscal year,
which ends next June 30.
How far the Government will be able to
go toward realization of this hope is as
yet tim-ertaln because the amount of rev
enue and expenditures cannot yet bs
forecast.
The realization would have been prac
tically certain, according to Houston,
ts the amount which is to be paid to the
railroads under guarantee provisions of
the transportation act had not run be
yond all estimates.
The Treasury Is able to buy bonds be
cause of a sinking fund provision which
was part of the victory loan bill.
Under this bill a fixed amount of ap
proximately $250,009,000 a year is appro
priated for buying bonds.
Bus the amount appropriated to pay
Interest on bond* la also fixed and it (loea
not decrease as bonds are retired even
though less and less Interest is actually
paid as bonds are bcught In.
This part of the Interest fund not
actually paid out as interest Is used to
buy more bonds.
The fact that this alnking fund is now
In operation Is one basis for official con
fidence that liberty bomla now selling
far Ivelow par will go back to par or
above before many mors months.
As the Government buys bonds the
number for sale will decrease until the
demand overtops the supply.
HOOSIER AMONG
THOSE LIVING
Freshman Can’t Do Any
thing Else at C. S. M.
Pillows and other soft things on
which to sit are to longer in demand,
It has been found by at least one In
dianapolis young man who has entered
the Colorado School of Mines at
Golden, Colo.
Kuvlpau Barrett, aon of J. M. Bar
rett of the Oneida Hotel and a grad
uate of this year's class at Shortrldge,
has passed through that embarrassing
first week at college.
Barrett writes that the upper class
men forced the "frost).” as the fresh
men arc called at tho school, to obey
the following rules:
Get off the sidewalk.
Get off the earth.
Wear no white collars or neckties.
Round haircuts not permitted.
Don't part hair in tho middle.
Don't come in the postoffice dur
ing mail hours.
All ’rosh must take a bath at least
once each semester, and that outside
the city limits.
Barrett writes that the Colorado
Schoo ot Mines Is a "great place" and
that be lived through the ‘‘treat 'em
rough” period.
NEW YORK CALL MONEY,
XKW YORK, Sept. '.'o. Money (’all
money ruled 7 per rent; high. 7 per
eent: low, 7 per cent; lime rates, quiet,
Stql'.j per cent. Time mercantile paper
was dull. Sterling exchange was strong
with business In bankers’ hills at $3.54Y
for demand.
C HICAGO PRODUCE.
CHICAGO, Sept. ’JO. Kutter Cream
ery extras. •>(Ibjo: creamery firsts. IV3He;
firsts, -mi:,:*- ; seconds, 46@48c. P.ggs—
ordinaries, 47@4!1c; firsts, [e-mail].
Cheese- Twins, 2434 c; Young Americas,
2(lc. Live poultry—Fowls, 34c; ducks,
28c; geese, 23c; spring chickens, 33c; tur
keys. 45c. Potatoes Receipts. 25 cars;
Wisconsin and Minnesota, $2@2.15; Jer
sey Giants, $2.25@2.30,
WHOLESALE FEED PRICES.
Ton sacks. Cwt.
Acme brand $50.75 $3.05
Acme feed 50.75 3.05
Acme middlings 07.25 3.40
Acme dairy feed 72.00 3.63
Ed*, dairy fee i 01.00 3.20
A -a.- H. .V M 66.25 2.00
Acini' stpck feed 57.25 2.00
t’racked corn 65,00 3.30
Acme elllcken feed .. 71.75 3.65
Acme scratch 08.75 3.50
l'.-X scratch 65.75 3.35
Acme dry mash 73.50 3.70
Acme hog feed 71.00 3.00
Ground barley 00.00 3.35
Homlik, yellow 04.50 325
Rolled barley G 4.50 3.25
Alfalfa mol 07.00 3.55
Cotton seed meal . 78.09 3.05
G RAINS.
Shelled corn, small lots ..,,,...$1.50
Shelled corn, large lots 1.56
shelled orn, 2bn sacks ............ 1.03
Oats. 3-bvi sicks 70
Oats, bulk, large 73
Oats, less than 100 bu,. 44
Chicken wheat, cwt. sacked 4.8 p
CORN MKAI/.\ND FLOUR.
Corn BoetU. cwt, net . ...$4.>X)
E-Z Bake baker®’ tour. 08-lb saeks.l3.4o
GOMPERS OPENS
LABOR MEETINGS
Carpenters and Joiners Here
for General Sessions.
In his address today at the opening
session of the twentieth general con
vention of the United Brotherhood of
Carpenters and Joiners of America, at
the Athenaeum. Samuel Gompers, presi
dent of the American Federation of La
bor, touched first upon the early his
tory of the organization, and said that
he felt it his duty as well as a privilege
to say to the younger men in the trade
labor movement not to imagine for a
moment that that which had been accom
plished for the carpenters of America
had been handed to them on a silver
platter.
He said that he remembered the time
when the skilled carpenter received $1.75
for a day’s work of ten or eleven hours
and then he touched upon the fight for
an eight-hour day that had been con
ducted by the carpenters.
He spoke of the position of strength,
Influence and power for good that was
enjoyed by the carpenters, hut added
that they were not “out of the woods”
yet; that the enemy that wishes to
crush labor does not declare- so in so
many words but makes a pretense of
having sympathy for the working
people.
He said that the method of such an
enemy is to strike a blow at the or
ganized labor movement and If that
could succeed to reach at the throat of
every worker.
The organized labor movement, he said,
had accomplished many things of advan
tage, not only to members of organized
labor, bsst to all wage earners.
Here and there, he said, there had been
attempts to reduce wages, and added that
reduction of wages was no way out of
industrial difficulty and that labor would
resist such reductions.
He spoke of the work done by labor
during the war and of sacrifices made by
It, and touched alao upon the Civil War
and of the presence In the city of Civil
War veterans.
Black slavery had been abolished, he
said, but now there seems to he a ten
dency to enforce slavery among whites.
URGES MEMBERS TO
DEMAND UNION LABEL.
The Importance of asking for articles
bearing the union label was emphasized
in his talk at the morning session by
John Manning of Washington, secretary
of tbe label trades’ department of the
American Federation of Labor.
Along this line, he pointed out the
power in the bands of the women of the
homes, who do so much of the pur
chasing.
The remainder of the morning session
was occupied in reading the report of
the credentials committee.
The program for this afternoon's ses
sion Included the reports of officers, the
general executive board and the board of
trustees.
In his report, William L. Hutcheson,
president of the United Brotherhood of
Carpenters snd Joiners of America, said
that “on Aug. 12, 1881, there assembled
In the city of Chicago delegates for tbe
purpose of convening in session the first
general convention of the United Brother
hood of Carpenters and Joiners of Amer
ica. who represented twelve local unions,
with a combined membership of 2,042
members.
“Today those of us wh oare assembled
here represent on organization of 2,505
local unions, with a membership of 400,-
104 members.”
He touched, in his report, upon the
War l*abor board, and said that "it is
not because the undersigned had the
honor of being s member of that board
that he feels that the work accomplished
by that body was of great benefit not
only to members o four organization, but
to the workers of the country, but be
cause tbe records will show that in th
cases that were brought before the board
for consideration, fair and Impartial
hearings were given and that tile find
ing* made in the majority of cases were
tavorable to the workers.”
Various features of the work of the
brotherhood were touched upon ia the
report.
It is expected that the convention will
be In session about ten days or two
weeks.
Clew Seen in Finger
Prints on Throat
SOUTH AMBOY. N. J„ Sept. 20.—Mrs.
Mary Grembowlcz, who was strangled to
death Friday as she mourned over the
grave of her soldier son, was buried to
day.
Police had found no trace of the slayer,
whose finger prints showed plainly on
the woman's throat.
It was believed Mrs. Grembowiez was
murdered by robbers.
Life Penalty Urged
for Confessed Slayer
Special to The Time*.
SOUTH BEND. Ind., Sept. 20.—Trial
of "Franehy” Garrlepy, charged with the
murder of Carl Cook, Laporte grocer, be
gan today In the St. Joseph Circuit Court.
The state will offer Garriepy's confes
sion and will demand the death penalty.
Walter Carl Balter, one of Garriepy’s
confessed accomplices, is now awaiting
electrocution in the Michigan City prison.
Steve Bartak, the third member pf the
alleged murder trio, will be tried at the
October term of court.
All three men signed eonfesssions of
guilt.
Girl and 13 Men Held
in Lynching Attempt
ST. CATHERINES, Ont.. Sept. 20-
Hazel White, 20. was the only femine
prisoner among the fourteen charged to
day with being members of a mob
which attempted to lynch DavUl Me-
Neal, former soldier.
The girl was at Hberay on $6,000
bond.
Miss White’s part iti the mob's activ
ities officers said, was to kick a
heavily laden tray out of the hands of a
Chinese waiter who attempted to carry
food to the beleagured prisoner and
Jailer.
Clearing Decks for
Conference of World
WASHINGTON. Sent. 20.—The Amer
ican commissioners to the coming inter
national commissions conference bn Wash
ington met at the State Department to
day to discuss the United States policy.
Representatives of the United States.
Great Britain, Japan, France and Italy
will confer here Oct. 28 preliminary to
the conference later, to which all the na
tions of the world will be Invited.
The preliminary conference will set
the date for the plenary conference.
Indiana Railroad
Asks Bonding Permit
WASHINGTON. Sept. 20. Representa
tives of the Chicago & Western Indiana
Railroad Company today appeared be
fore the examiners of the Interstate com
merce commission on the application of
that road for permission to issue *7,-
500.000 worth of 15-year, 7% per cent
collateral trust gold bonds and $1,000,-
000 worth of 15-year, C per cent collateral
trust bonds.
TAKES ITS OWN CENSUS.
ESCANABA, Mich., Sept. 20.—When toe
government bureau announced a decrease
.n the population of fiseanaba, a volun
teer census was taken. It showed 14,500
instead of 13,103, the government's fig
ures. A request that anew government
census be taken will be made.
Bkaos
Indianapolis Poloists
in Midwest Tournament
The Indianapolis Polo Club team will
play its first game under the sanction
of the American Polo Association when It
meets the loser of the Miami Valley
(Ohio) vs. Onwentsia Club, Chicago,
game Thursday afternoon in the Mid
west clrcuie polo championship tourna
ment, scheduled to open tomorrow and
close next Monday at Dayton.
Ten teams are entered In the tourna
ment and it is thought that some good
polo will be played before the champion*.
Bhij* Is decided.
The locals practiced on the Speedway
field yesterday afternoon and both players
and ponies appeared to be In the best of
shape.
Independent Football
Enough players for two strong elevens
reported for the Sunday morning prac
tice of the Indianapolis Independent grid
squad and, in view of the fact that all of
them are seasoned gridiron warriors.
Coach A1 Feeney Is having a hard time
seJecting his first string men.
A brisk signal practice and scrim
mage yesterday showed the men in good
shape and if weather conditions are
agreeable the team probably will open
the season with a strong state squad
next Sunday, Shelbyville being in line
for the first game.
Feeney will send his athletes through
their next drill at Fall Creek and Col
lege avenue Wednesday night and they
will work at the same place Friday.
Next Sunday afternoon, the Mapleton
grid squad will travel to Greenwood for
a practice game with the team of that
place. The regular playing season of
the Mapleton crew will open October 3
and the best teams in the state will
be met between that date and Thanks
giving day.
All games will be played out of town
and teams wishing dates are requested
to address the manager at 3408 North
Illinois street. A large squad of huskies
was out for practice on Shorrricge field.
Sunday morning and after the Tuesday
and Friday night drills the north siders
will be ready to step out for real ac
tion. Players are asked to report at
Thirty-eighth and Meredian streets for
this week's practice.
The Grappler A. C. grid team will
practice at Willard Park Tuesday night
and all players are expected to'report.
The Grappiers are ready to book games
with fast teams In the 75 and 80-pound
class. Address Tom Carroll. 219 North
Walcott street, or call Circle 451 L
The Independent A. A s desire a prac
tice game for Sunday with a fast foot
ball team in the 105-pound class. Call
Main 5532 and ask for George. The team
will practice at New York and West
streets tonight.
Optimsit Golf Meet
Play in the second annual Optimists’
Club golf tournament will open on
the Riverside Park course Friday. About
fifty members of the organization will
compete In the tournament, the first pair
being scheduled to leave the tee at 2
p. m.
The tournament will consist of eigh
teen holes, medal play, with club han
dicaps prevailing.
Carl Rost has offered a valuable sil
ver loving cup for the player turning
In the low gross score. There also will
be several prizes for the “not so good’s.”
The courtesies of the Riverside course
have been extended to the Optimists bv
.lames H. Lowry, superintendent of pub
lic narks. Ed Hedden will act as of
ficial starter.
Woodstock Net Results
Cortland Van Camp defeated Henry
Atkins in the junior tennis tourney
finals at the Woodstock Club, 61, 62, 6-3.
Eleven contestants entered in the tour
ney and some promising material among
the Juniors was uncovered.
Play in the senior finals has reached
the semi-final round. Those who will
figure in these matches are Mogershend
vs. Eaglegfleld and Denny vs. Simmous.
These matches will be played early this
week.
Man o’ War Wins Easily
HAVRE DE GRACE. Md.. Sept. 20.
Man o’ War, champion 3-year-old race
horse, won the Potomac handicap here
Saturday, breaking the track record by
running the mill* and one-sixteenth in
1:44 4-o. The old record was 1:45. The
race carried a purse of SIO,OOO.
Man o' War won easily by two lengths
Wild Air was second and Blazes third.
I'aul Jones also ran.
GI N CLUB RESULTS.
In the weekly shoot held by the In
dianapolis Gun Club Saturday, Klein
coppul first honorg. breaking 99’ out of a
possible 100 targets. Harry C. Stutz was
second with 98 out of a possible 100. H.
K. Lewis. Pratchett and Edmonson di
vided third place among themselves, each
breaking 97.
In the Leo Krauss trophy event, Hud
dath topped the list with a perfect 25.
Harry Stutz and Edmonson drew for
second place in this event with 24 each.
This Gambling Case
International Affair
Five negroes, a Japanese and a whit*
man appeared in Cly Court today to
answer the charge of gambling and visit
ing a gambling bouse as the result of
a police investigation of a "mysterious
dead woman" In an automobile.
It was at 3 o’clock Sunday morning
that the police were told there was a
“dead woman’’ in an automobile on East
street and that she had “not moTed
since 10 o'clock the night before."
When the police investigated they
found the automboile.
The dead woman had disappeared.
The Investigation Jed to 214 Adelaide
street, where they allege a craps gam*
was in progress.
The white man arrested gave his name
as G. E. Kelsey. 29, and said the woman
In the was his wife, and
that she had been asleep in the autome
btle waiting his return.
The Japanese gave his name as James
Spatt. 35. and said he went to the Ade
laide street address to get a tire re
paired.
James Harris. 22. negro, at whose
plsee the raid was made was fined $lO
and costs and sentenced to serve ten
days on the penal farm on the charge of
keeping a gambling house; the other
four negroes, the Japanese and the white
man each were fined *5 anil costs for
gaming. The visiting a gambling houae
ehairge was continued.
Ponzi Case Records
Are Reported Gone
BOSTON. Sept. 20.—Records of tran
sactions between Charles Ponzi and in
vestors in his get rich-quick scheme have
disappeared mysteriously from the tiles
of the Securities Exchange company. It
was stated today by Miss Lucy Melt,
secretary to Ponzi, at the bankruptcy
hearing.
Miss Meli testified she had taken home
for safe keeping, some cards recording
dealings with depositors.
She did this, she SRld, after she found
a number of cards had disappeared.
Jail Lock Contract
Goes to Ohio Company
The county commissioners today
awarded a contract for the installing
of anew locking system on the cell doors
at the Marion County Jail and for re
modeling some of thp cells to the Van
Doren Iron Works of Cleveland, 0., ou
a bid of $34,257.
The county commissioners hare de
layed taking action on this needed work
since the jail delivery on the night July
4th last.