Indiana daily times. [volume], June 23, 1922, Home Edition, Page 18, Image 18

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

Image provided by: Indiana State Library

                
18
MUSICAL—SALE OR WANTED. !
Concluded from Preceding Page.
J. & C. FISCHER PIANO. *65.00.
ROBERTSON MUSIC HOUSE.
411 Maw. av*. Main 4531.
PLAYER PIANO, have paid *332 and have •
*266 to pay. Wilt sell my equity lor *75.
Call Main 4446. I
PLAYER PIANO—WiII take cheap lot; j
balance payments. Randolph 4221.
~ LEGALNOT 1C EsT
NOTICE OF HEARING ON RESOLUTION. I
Board of Park Commissioners of the City '
of Indianapolis. Indiana.
To Whom It May Concern:
Notice is hereby given by the Board of
Park Commissioners of the City of india.it
apolla that by Us Acquisition Resolution
No. 24, 1822. it has determined to ac
quire the following described real estate
in the City of Indianapolis, Marion Coun
ty, Indiana.
Beginning at a point In the north line of
the northeast quarter of Section S, Town
ship 15 north. Range 6 East, Marion
County, State of Indiana, 707.68 feet west
of the northeast corner thereof; thence
southeastward!)-, making an angle of 70
degrees, 35 minutes off of the north line i
of the aforesaid quarter section, a dis
tance of 200 feet, to a point thence con- j
tinuing souihrastwardly on a curved line
to the left having for its radius 230.66
feet, a distance of 237 feet to a point in j
the center line of the old Brookvilte Road !
now vacated, thence north along the cen
ter line of the old Brookville Road and
the same line extended a distance of 334 i
feet to a point in the north line of the j
aforesaid quarter section; thence east j
a10,,g the north line of the aforesaid quar- |
ter section a distance of 20.65 feet to a i
point; thence north along the east line
of Jacob Wagner’s subdivision to the City ;
of Indianapolis, as recorded in Plat Book
No. s, Page 43, in the Recorder’s office
of Marion County, State of Indiana, a dis- j
tance of 210.75 feet, to a point; thence
west across alley and along the south line |
of Pearl Street, a distance of 261.11 feet j
to the east line of the BroOkvllie Road; j
thence southeaetwardly along the east line j
of the Brookville Road, a distance of '
212.61 feet to a point In the north line of !
the aforesaid quarter section; thence west j
along the north line of the aforesaid
quarter section. 77.4 feet to place of be- |
ginning, containing two and four-tenths s
(2.4) acres.
That said real estate so to be acquired
is to be used for park purposes of the !
City of Indianapolis.
By said Resolution it is provided that
Saturday. July Sth. at ten o clock a. m.. |
at the office of said Board in the City
Hall in said City, will be the time and
place, when final action will be taken, j
confirming, modifying or rescinding said '
resolution, and w hen It will receive and ,
hear remonstrances from persons inter
ested in or affected by such proceedings,
and when It will determine the public
utility and benefit thereof.
CHARLES A. BOOKWALTER.
FRED CLINE.
A. M. MAGUIRE,
SARAH E. SHANK.
Board of Park Commissioners of the City
of Indianapolis.
STATE HIGHWAY CONSTRUCTION.
Notice is hereby given that sealed bid 9
will be received by the director of the'
State Highway Commission at the office of I
the State Highway Commission in the
State House, city of Indianapolis. Indiana,
until 10 a. m. on the Sth day of July. 1822
for the construction of a certain highway
and described as follows:
No. F. A. 32. Section A-C. Location.
Lincoln Highway. Lake County, Illinois i
State line to Shererville. Number of miles.
2.533.
Bids will be received for three types of !
pavement—brick, bituminous concrete and
concrete on project listed above. &3
shown on plans and described on Standard
Specifications for same.
Cement fur the above listed project will :
he furnished the contractor by the Indiana
Highway Commission.
Proposal blanks and specifications may
be obtained free, and plans upon payment
of SS.C per set. upon application to the
i<tat© Highway Commission. Indianapolis.
Indiana.
No refund for plans returned Plans
may be seen also at the office of the Stale
Highway Commission. Indianapolis, In
diana.
Contracts will be let to the lowest and
best bidder, but the right to reject any
and ail bide is reserved, if any cause ex
ists therefor.
Bidders shall file bonds with the bids ai
provided by law.
J. D. WILLIAMS,
Director Indiana 6tate Highway Com
mission.
FIN A NCI A L.~
kWVV6
YOU CAN
BORROW MONEY
SO CHEAP
and on such easy terms of repayment ;
from the Fidelity Loan Company, a li- ;
censed and bonded firm, for use in paying
overdue bills or to buy the things you
need for CASH at BARGAIN PRICES
that every one should take advantage of
our service.
LOANS ON FURNITURE
$20.00 to $300.00
s? legal rates, on short ntice and without
publicity. We give you ai! the time you
want to repay a lean and only charge for [
the actual time you have the mcney. Fair, i
lhn’t it?
You Can Afford to Borrow i
On $ 40 pay $2 a month and interest
On $ 60 pay $3 a month and interest
On SIOO pay $5 a month and interest
PAY” MORE ANY TIME AND REDUCE ;
THE COST
IN YOUR BEHALF
VT+ are on the Job eight hours a clay, and
through personal contact and personal i
service, plus a deep personal interest, we j
can serve you and your friends as you I
wish to be served. In these unusual times, j
business friendrh p*. close relations, mu
tual understandings and co-operation are .
real asset* to all of us. We are ready to ’
go three-fourths of the way. Now it is
up to you
FIDELITY LOAN CO.
106 E. Market St.
Room 532 Lem eke Bldg.
Main 1278.
THE GREAT MON E Y
LENDER
WITH A HEART
We lend money to honest per
sons having steady jobs; on
their notes or home furniture
without removal. We also lend
to property owners.
Loans up to S3OO repayable in
eight to fifteen monthly install
ments. or as you desire; ex
tensions and removals allowed if
tiec**eary.
We charge legal rates baaed on
unpaid balances for actual time
due; nothing deducted in ad
vance. and no charge unless
loan is made: consultation and
advice free; private offices for
Interviews; everything confiden
tial and none will know that
you are borrowing dealings
very courteous and everything
fully explained without hurrying
and full written plan given you.
This is a safe place to borrow;
new borrowers welcomed. Quick
service.
Hours. 9 to s:3ft. Saturdays, 3 to 1,
Call, write or phone.
Circle l-ts-6-9.
BENEFICIAL LOAN SOCIETY.
601 National City Bank Bldg.
Licensed by State Bank
Commissioner.
”°° d IDO HEW “‘ d
SIOO-S2OO-S3OO
Investigate our easy-to-pay
Twenty-Payment Flan Loans.
Get ISO, pay back *2.50 a month.
•• *IOO, " *04)0 “
With Interest at 2V4Ve per month.
You pay only for the actual time
loan runs. Interest Is charged only
•n the actual amount of cash atlll
outstanding. Come In and get free
Booklet. ’’The Twenty Payment
Plan." which describes everything
tully. All business confidential.
We Loan on Furniture. Pianos.
Vlctroias, etc., without removal.
Also on Diamonds
for long or short time.
Call, phone or write
Indiana Collateral
Loan Cos.
(Bonded Lenders.)
ESTABLISHED 1687.
201 LOMBARD BUILDING.
*4% EAST WASHINGTON ST.
Main 3284.
LOANS
en furniture, pianos, autos, live stock,
farm Implements and other collateral.
141 % E. Washington St.
CAPITOL LOAN CO.
Main 0685. Auto Lincoln 7184.
WE MAKE first and second mortgages on 1
improved farms and Indianapolis real
•state.
AETNA MORTGAGE AND INVEST’T. CO.
SOB Fidelity Trust bldg.
MONEY furnished on realty mortgages 1
and contracts. FRANK K. SAWYER. !
Meridian Life B’.dg. 307 North Pennsyl
vania street. Circle lOfl.
EVERY LIBERTY
BOND ISSUE IS
OVER PAR MARK
Impressive Array of Construc
tive Developments Fails to
Boost Stocks.
REDUCE DISCOUNT RATE
_
Special to Indiana Dally Times
and Philadelphia Public Lodger.
BY MONITOR,
NEW YORK, June 23.—in spite of an
Impressive array of constructive develop
ments, tbe stock market Thursday j
showed a tendency toward dullness, with
the volume of transactions dropping well
below 900,000 shares. So far as the stock
market was concerned, the reduction In
the rediscount rate of the Federal Bank
of New York, had little effect, although
Its Influence was pronounced In the !
Liberty Bond group where every issue *
sold above par. The change In the bank
rate was little more than a sentimental
factor as the open money market for j
some time has been under the official >
rate, and to this extent had afforded i
practical anticipation of yesterday's 1
action.
Os even stronger significance were euch
developments as the further stiffening in
raw sugar quotations and the announce
ment that par loadings for the week ended
.Tune 10 showed an increase of 95.000 to
the basis of more than 546,000. An In- j
(cresting feature of the statement was
the gain in coal car loadings to the |
lrrgost total since the beginning of the :
strike.
Again Mexican Petroleum proved the j
dynamic feature of the market, with a
spectacular rise to 180. more than ten
points above the previous close Shorts
evidently had ben premature In assum
ing that the good news was all out.
with the publication of the company's *
favorable report on last year's opera
tions. New rumors are in circulation, j
one to the effect that the stock may be
retired at a figure considerably above ]
current levels In exchange for the shares
of Pan-American Petroleum and other (
consideration.
Rails again showed a steady under- j
tone, with a distinct forward movement
in certain issues, which in nearly every
case was the result of special Influence*.
The strength of Baltimore A Ohio and
Chesapeake & Ohio was a reflection of
the heavy coal traffic. Southern Pacific i
made a favorable showlr g for May.
Hints of important developments pend
ing in the affairs of New Orleans, Texas
A- Mexico were responsible for good buy
ing and a sharp rise In that Issue.
Industrials were irregular, and the ad
vances were confined mainly to the equip
ments and a scattered lot of specialties,
prominent among which were Remington
Typewriter and International Mercantile
Marine preferred.
Call money, after renewing again at
3, per cent, hardened gradually to 3%
toward the close—Copyright, 1922, by
Public Ledger Company.
WALL STREET GOSSIP
BY MONITOR.
NEW YORK. June 23.—Tbe committee
on business conduct of the New York
Stock Exchange has sent a request to
member houses to state their position on
Mexican Petroleum at the close of busi
ness yesterday. It has been current be
lief in the market for some time that the
spectacular rise in Mexican Petroleum
has been due more to the efforts of a
sewed up short interest to cover than to
the improvement In the company's po
sition.
There will be a railroad strike in the
opinion of H. E. Byram. president of the
Chicago, Milwaukee & St. Paul, who is
in New York at present, "some of the
railway men will go out, but we cannot
tell yet how many of the men will obey
the edict of the union leaders,' said Mr.
Byraw. This is aoout the first admis
sion. by a railroad executive that any of
the men would go out. previous state
ments having been in an optimistic vein.
Reports circulated in the Street to the
effect that Brier Hill would be coming
into the three-company” steel merger
was denied flatly by 1. L. Chadbuurne,
who said that Brier Hill, Trumbull and
the Steel anil Tune Company of America
were definitely out of all consideration
of the merger and that negotiations had
been dropped.
The three company steel merger is being
hld up for the time being by the fact
that so far the Federal Trade Commis
sion has not handed down any decision
on the plan. The companies are forward
ing data regularly as it comes to hand
and expects to have all information in
by next week.
It la expected that the June net of
Phillips Petroleum should be $1,250,000
after payment of interest and taxts and
depreciation. This would be the largest
month in the company's history and
would compare with $1,101,390 for May.
Continuation of the strong upward
swing in the raw sugar market Is bol
stering up sentiment on the sugar stocks,
and anew high in the raw market was
announced. Cuban raws for July delivery
have been marked up to 3X4 cents, witn
refiners advancing the price of granulated
in proportion.
At the present time, operations of
plants forming the X nited States Rfe"!
Corporation are at the rate of 77 to 78
per cent of normal capacity, and it Is
predicted that this will be Increased
during the next few days. Independent
mills are running a bit below the aver
age of the leading producers. While the
volume of output is up to pre-war lev
els. the average of operations In ratio
to capacity is held down by the expan
sion in plants during the war.
It is reported in the market that the
Btudebaker Company Is working out a
plan whereby the $9,800,000 preferred
stock will lie retired. Inastnitcn as the
preferred is callable at 125, it would
cost 512.250.000 to retire the issue, but
it is believed that many preferred stock
holders would be willing to trade in
preferred for common and score a share
in the heavy profits above the stipulated
7 per cent dividend in exchange for their
priority rights. However, the present
Ktudebnker balances of $18,000,000 should
be sufficient to swing the transaction.
Expansion of the steel industry is re
fleeted in the stronger market for pig
iron in western centers. Northern iron
has moved 50c to $1 higher, while south
ern has been marked up 50c.
While it has been considered probable
that shippers would hold down business
as much as possible before July 1 in or
der to get the full benefit of the lower
freight rates, which go into effect that
day, the Illinois Central loadings for the
first half of .Tune do not bear out this
theory. Loadings totaled 89.818 cars, as
against 84.508 cars the same period in
May and 795185 cars in 1921.
Despite the firmness in gasoline a .i
light oils, the market for bunker oil is
much easier and in some quarters F is
reported that offering? have been sh; led
down to $1.20 per barrel, as against the
prevailing price of 51.23V4.
Crude rubber on spot has moved ip to
15 cents per pound, with the undi rtone
much bettpr A week ago sales weie re
ported a full cent below the day's '.'rice.
It is a seller's market for the time teing
as far as spot stocks are concerned, but
tew tire makers or other buyers are
evincing any interest in future shipment
stocks.-—Copyright. 1922. by Public Ledg
er Company. \
FINXNCL* - '
iloctVn-edd
FIRST and .-eeond on Indiana
and Indianapolis real %nate. R. B. WIL
SON, 1101 National CltytJlank bldg. Liu
coin 6104.
MONEY to loan on sooond\nortgagee. L.B,
FILLER. 127 N. OsiM trS t. Main 676*.
N. Y. Stock Exchange
(By Thomson & McKinnon.)
—June 23. —
RAILROADS.
High Low Close Close
Atchison 99 98% 98% 98%
Atl. Coast L... 102% 102% 192% 191
B. & 0 49% %4b 49% 49%
Can. Pac 13b 138 13b 13b %
C. & 0 00% 05% 00% 00%
C. &N. \V. Ky... 74% 74 74% 73%
C., R. I. A 11,,.,l 1 ,,., 12% 41% 42% 19%
Del. A Lack.... 128% 120% 128% 125
Erie 15% 15 15% 15%
Erie Ist pfd. ... 23 22% 22% 23
Gt. North, pfd... 80% SO SO SO
111. Central ... 104% 104% 104% 103%
Kau City Sou.. 24% 24% 24% 24
Lehigh Valley.. 04% 03% (rl 03%
L. & N 11S% 117% 117% lls
Mo. Pac 21 20% 21 21
Mo. Pac. pfd.... 54Vi 53% 53Vi 53%
N. Y. Central... 93% 91% 93% 92%
NY NHA H 30Ms 28% 29% 20%
North. Pac 77 75% 70% 70
Nor. A West. .. 100 105% 105 vfe 100
Penn 42% 41% 42% 41%
Reading 74 72% 73% 73%
So. Ity 23% 23 23% 23%
So. Pac 89% 89 89% 59%
St. Paul 20 25% 20% 20
St. Paul pfd.... 41% 40% 41% 41%
St. L. &S. W... 27% 27% 271- 27
STL&SW. pfd.. 44 43 % 43% 43
ST LA-SEE Ity... 27% 20% 27 27
Texas & Pac... 27% 20% 27 27
Union Pac. ... 137 137 137 137%
Wabash 12% 12% 12% 12%
Wabash pfd. .. 30% 29% 29% 29%
West. Pac 19% 19% 19% 19%
RUBBERS.
Ajax Rubber... 14% 14% 14%
Fisk Rubber ... 15% 15% 15% 15%
Goodrich Rub... 38% 38% 38% 38%
Kelly-Sprlngfield 47% 46% 40% 40%
Keystone ltub.. 15% 15 15% 15%
U. S. Rubber 02% (10% 01 01%
EQUIPMENTS.
Am. Car Fdy... 103 102% 103
Baldwin Loco.. 114 112% 112% 112%
Gen. Elec 10(5 165% 100 105
Pullman 120 120 120 129
West. Airbrake. 92% 92% 92%
West. Elec 59% 59% 59% 59%
STEELS.
Bethlehem 8..,. 70% 75% 75% 75%
Colo. Fuel 30% 30% 30% 80%
Crucible 73 71% 72 72 '
Gulf States ... 79% 77% 75% 78%
Lackawanna ... 73% 73% 73% 71
Midvale 33% 33 33 33%
Replogle 31% 31 31% 31%
Rep. I. & ...S.. 71 70% 7i 70?.!
U. S. Steel 99% 98% 99% 99%
L. S. Steel pfd. 120% 120 120 119%
lauadiffim 45% 45% 45% 45%
MOTORS.
Am. Boscb Slag 42 41 41
Chand. Mot 70% 68% 09% 69%
Gen. Motors ... 14% 14 14 14
Hudson 21% 21% 21%
-Max. Motors A.. 68% 07% 67% Ofi"
Max. Motors B. 24% 23% 24% 32%
Martin Perry... 31% 30% 30%
Pierce Arrow... 19% 19 19% 19
Studebaker 130% 127% 129% 128%
btewart Warner 42% 42% 42% 42%
Willys Overland vi, s' g% g%
MINING.
Butte C. A7l nc 6% 6% % 6%
Bute Superior.. 27% 27% 27% 27%
Dome Mines.... 30% 29% 30 29%
I tit. Nickel 16% 16% 16% 10%
Tex. Gus ASul. 47% 47% 74% 17%
COPPERS.
Am. Smelting... 57% 59 591* 50%
Anaconda 51% 51% 51% 51%
Chile Copper... 21% 21% 21% 21%
Inspiration 40% 39% 40V, 39%
Kenneeott 34 33% 33% 33%
Miami 28% 28% 28% ..
Nev. Cons 16% 16% 10%
Utah Copper 04% 63 63% 62%
Kay Cons 16%. 10% 16% .....
OILS.
Calif. Pete 65% 63% 64% 63%
Cosden ,\s% 47% 47% 48
Houston Oil 78% 73% 77% 70%
In vine. Oil 10 15% 16 15%
Mex. Petrol 184 170 176 183 %
Mldle Sr. 0H... 14 18% 13% 14
Okla. Pro .3% 3% 3% 3%
Pan-Am. Petrol. 82% 76% 79% 70
Pacific Oil 59 58% 5% 58%
Pierce Oil 8% 8 8% 8
Pro. A Ref 43V* 42% 45% 43%
Pure Oil 31 30% 31 31
Royal Dutch... 01 v; 59% 50% 59%
s. o. of N. J. pfd.llo% 116 116
Sinclair 34 32% 33 33%
Texas Cos 48% 47% 47% 47%
Tex C A Oil. . 27% 27 27% 27%
Trancont. 0i1.... 15% 15 15V* 14%
Union Oil 21% 21 21 20%
White Oil 8% S% 8%
INDUSTRIALS.
Allied Che.m 67% 07% 67% 68
Adv. R. pfd 48% 48% 48%
Allls-Chalmers.. 49% 49% 49% 49%,
Am. Cun 47 -, 40% 46% 46%
Am.H. A I,.pfd 08% 0% 68% 67%
Am Ice ... 100% 10V* 100%
Am Linseed... 34 33% 33% 34 >h
Am. Woolen 89% 883* 88% 89%
Coca-Cola 68% 00% 07% 66 1 1
Cluett A Phdy. 54 54 54
Kndlcotf A .1 . 79% 79% 79% 78’,
Fam. Players .. 79% 79% 79% 80
Gen. Asrdinlt .. 00 03% 63% 63%
Inter. Paper .... 47 47 47 40%
Inter Harvest . .100 100 100
1 ws U% 14% 14% 14%
Mont. & Ward. 22% 20% 21% 21
b-itoebui k 71 1 74% 70% 74%
I'. S. K. Stores. 60% 65% 00% 65%
I .SC. Iron Pipe 29'. 29% 29% 29
U. S. Ind. Alro. 57% 55% 57% 50%
Worth I'ump... 49% 49% 49%
UTILITIES.
Am. Tel. & . cl. 120% 120 120 120
Brk Rap Tr. . 25% 25 25% 24%
Consol. Gas ...117% 110 116% 110%
Columbia Gas.. 87% 80% 86% 88%
’Went. Union.. ort% 00% 90% 98%
SHIPPING.
Am. I'll. Corp. 43 42 432% 43%
Am. Ship A- Cos. 20% 18% 18% 19%
Atlantic Gulf . 39% 37%% 38 36%
Int. Mer. Marine 21% 19% 19% 20%
Int M. M pfd. 75% 73% 74% 75%
United Fruit .. 138% 138% 138% 136%
FOODS.
Araer. Sugar... 70 78% 78% 78%
Am. Beet Sugar 45% 45% 45% 45
Austin Nichols. 27 20% 26% 26%
Am. Cotton Oil. 20 25% 25% 25%
Corn Products. .105% 104% 104% 104%
Cuba Cane Sug 10% 16% 10% 10%
Cuba Am. Sugar 24Vi 24 24 21%
Wilson A C 0... 39% 30% 39% 30%
TOBACCOS.
Amer.-Sumatra. 39% 39 39 39
Tobacco Prod. 81% B(>% 81 81
MISCELLANEOUS STOCKS.
Pitts A W. Ya 38% 30% 37 36%
Lee Tire 29
Davison Chein. 45% 44% 45 45
U. S Realty... 05% 04% 63 64
It J Reynolds B 40% 40 46 40%
I’ere Marquette 31 % 30% 31 30%
IClec* Stor. Bat. 42% 42 42 42'
Reyn. Bpringts. 40 49 49 49%
STANDARD OIL OF INDIANA.
Sales for the day, 38.900 shares.
Open. 107; high, 1071%; low, 105;
close, 105%.
NEW YORK LIBERTY BONDS.
—June 23. — I’rev.
High Low Close Close
L. It. 3%s 100.10 100.08 100.10 100.12
L. B. Ist 4s 100 10 100.20
1.. B. 2nd 4s 100.06 100.00
L. B. Ist 4%s . 100.28 100.20 100.26 100.20
L. B. 2nd 4%s 100.14 100.06 1100.00 100.08
1., B. 3rd 4%s 100.12 100.06 100.08 100 06
L. B. 4th -4%5. 100.24 100.12 100.14 100.16
Victory 4%s ... 100.58 100.56 100.58 100.04
CHICAGO STOCKS.
—June 23
(By Thomsen & McKinnon.)
Open. High. Low. Close.
Am Shipbldg
Arm A Cos. pfd 97% 97% 97% 97%
C C A C Ry pfd 7 ...
C E Ry pfd.. 8 8 7% 8
Cudahy 63
Com Edison ...130% 130% 130% 130%
Cont. Motors— * 7%
Deere & Cos pfd 77
Bari Motors.... 3% ...
Lib-McNeill .... 2% 2% 2% 2%
Mont Ward .... 21% 22% 21% 22
Nat Leather.... 2 ... ... ...
N Leather, new 8% ... ...
Pick A Cos 26
Pig Wig "A”.. 42 42% 417% 42
Quaker Onts ..97 ...
Rco Motor .... 24% 23 24% 24%
S-Warner 42% 42% 42% 42%
Swift & Cos 101
Swift Inti 19% ;
Thnmp (J. R.) 40% 46% 4040%
Union C A Car 56 50 55% 55%
Wahl 61 01 59 59'
Wrigley 101% 101% 101 101%
Yellow Taxi .. 71 % 72 71 71%
NEW YORK METALS.
NEW YORK. June 23. Copper—Dull;
all positions off red. 13%c. Lead—Quiet;
all positions iY? red, 5.80 c. Spelter—
Quiet; all positions offered, 5.35 c.
NEW YORK TCRPENTINE.
NEW YORK, .Tune 23. —Turpentine
sold at $1.40 per gallon today, being
stronger.
INDIANA DAILI TIMES
STOCK MARKET
TONE IRREGULAR
General Asphalt Is Feature of
Final Trading.
NEW YORK. June 23.—The stock mar
ket closed irregular today.
General Asphalt was a strong feature 1
in the late dealings, advancing nearly
3 points to 66.
Mexican Petroleum reacted to 176.
New Haven dropped over 1 point to
29%.
H. R. Mallinson continued in demand,
moving up to 28%, anew high for the
year.
Fractional recessions occurred in
United States Steel and Baldwin Locorno- 1
tive.
Government bonds were unchanged and I
railway and other bonds. Irregular.
Stock sales for the day were 778,300
shares; bond sales, $12,389,000.
(By Thomgon & McKinnon.)
—June 23
If called upon to classify the today's
stock market, it would be rather dis- ,
ficult to do.
A few issues in which the short interest'
has been over-extended have established
new highs, but these issues are so few
in number as to make the backwardness
of the general list more conspicuous, i
Fluctuations were very irregular. In
the early trading prices were steady and j
business small.
A selling movement followed and then
another rally, though, during the after
noon. the rails .became prominent under!
the leadership of New York Central, the |
bullish influence being the successful sale
of some of the roads securities.
During the day, the money market re- j
versed itself, call funds being scarce and ’
the rates higher.
Tbeiv are some conflicting influences
underlying this market Rnd these will
probably tend to keep the market in an
uncertain position.
Sentiment generally is optimistic, and,
since the recent decline, there has been
a distinct tendency toward tbe enlarge
ment of the public account.
This may soon become an important,
factor again, especially If the existing i
and impending labor troubles are not,
adjusted.
And Incidentally it would be well to
keep close watch of developments In '
Europe, where there are some ugly pos
sibilities in store if some adjustment Is
not made of the conflicting national in
tereats.
We are of the opinion that it would be
a mighty good business policy to be on
the lookout here and keep lines within
the bounds of safety.
TWENTY STOCKS AVERAGE.
NEW YORK, June 23.—Twenty In
dustrial stocks Thursday averaged
03.15, up .13 per cent. Twenty active
rails averaged 83.90, up .08 per cent.
CLEARING HOUSE STATEMENT.
NEW YORK, .Tune 23. -Exchanges, j
$870,900,000; balances. *80.100.090 Fcd-ral.
Reserve Bank credit balances. $01,900,000.1
—_j
Money and Exchange
Imltnruqpolift lwink Friday
were $2,327,000; bunk debits, $1,831.- i
000.
NEW YORK. June 23- Demand Ster
ling was quoted fit $4 41% on the foreign
exchange market todav Franc cables t
were 8.85 c; checks. B>4%c. Lire rabies,
were 4.76; checks, 4.75%e. Belgian
cables were 8.10 c; checks, 8.09%c. Ma: ks
were 30%c. Guilder cables were 35.-'<Oc;
checks, 38.45 c. Sweden kronen cables
were 25 03c: checks. 25 58c.
Norway kronen cables were 16.50 c;
checks. 16.45 c. Dcnmsrk kronen cables
were 21.40 c; checks, 21.35 c.
NEW YORK FALL MONEY.
NEW YORK, June 23 Money-Call
money ruled 4% per cent: high 5 per
cent; low, 3% per cent. Time rates. 4fit
4% per cent. I'rlme mercantile paper. I
quiet. Sterling Exchange was quiet,
with bushi'-es in bankers' bills at $4.40%
tor demand
MOTOR SECURITIES.
(By Thomson A M-Klunon.)
—June 23
Bid. Ask.
Earl Motors 3% 4
Packard com 14’% 15 1
Packard pfd 87 89 |
Peerless 47 49
Cont Motors com 7% 7%
font Motors pfd R 8 90
Hupp com 19% 20
Hupp pfd 105 ...
Reo Motor Car 24 24%
Elgin Motors 2 2%
Grant Motors - 1 1% ,
Ford of Canada 385 390 \
National Motors '... 3 5 |
Federal Truck 10 18
Republic Truck 11 11% :
ACTIVE OIL STOCKS.
(By Thomson A McKinnon)
—June 23 -
—Closing - ;
Bid Ask. i
Anglo-American Oil 19% 20%
Atlantic Lobos 10% 11%
Borne-Scry mser 380 400
Buckeye Pipe Line 91 93
Chesebrough Mfg. Cons 185 193
Continental Oil, Colorado... .185 110
Cosden Oil and Gas 6 13
Crescent Pipe Line 33 40
Cumberland Pipe Line..... .125 133 !
Elk Basin Pete 10% 10%
Eureka Pipe Line. 90 95
Galena-Signal OH, pref 100 105
Galena-Signal Oil, com 58 59
Illinois Pipe Line 170 175 I
Indiana Pipe Line 00 93 1
Merritt OH 10% 10%
Midwest Oil 2 3
Midwest Itfg 200
National Transit 26 27
New Y'ork Transit ICB 175
Northern Pipe Line ...100 105
Ohio Oil 293 305
Oklahoma P. A R 7% !)
Penn.-Mex 30 37
Tralrie Oil and Gas 570 590
Prairie Pipe Line 257 262
Rnpulpa Refg 4% 4%
fiolar Refining 300 380
Southern Pipe Line 93 97
South Penn. OH 220 230
Southwest Penn. Pipe Lines.. 01 04
Standard Oil Cos. of 1nd....107 107%:
Standard Oil Cos. of Kan.... 540 560 j
Standard OH Cos. of Ky 94 91%
Standard OH Cos. of Neb ...185 195 i
Standard Oil Cos. of N. Y... 427 433
Standard Oil Cos. of N. Y.... 427 433
Standard Oil Cos. of 0hi0....440 460
Swan A Finch 230 240
Vacuum Oil 415 435
Washington Oil 23 28
NEW YORK CURB MARKET.
(By Thomson A McKinnon.)
—June 23 —
Closing.
Bid. Ask.
Acme Packing 50 63
Curtis Aero, com 3% 5
Curtis Aero, pfd 23% 25
Boston & Montana 14 15
Boston & Mont. Corp 75 78
Goldfield Con 0 8
Jumbo Extenion 2 3
Kirby OH 6% 7
Nlplssiug 0% 6%
Standard Motors 4 7
Salt Creek 16% 17%
Tonopah Extension 1% 111-16
Tonopah Mining 1% 1%
United P. S. New 7% 8
U. 8. Light and Heat 1% 1 9-10
U. S. Light & Heat pfd.... 1% 1%
Wrlght-Martln 2 6
Yukon Gold Mine Cos 90 98
Jerome 3'% 4
New Cornelia 18 19
United Verde 27% 28%
Sequoyah 3 10
Omar Oil 2 5-16 3
Rep. Tire 05 70
NEW YORK SUGARS.
NEW YORK, June 23.—Raw sugars
were steady in trading on the exchange
today, while refined sugars ruled stronger.
Culms were quoted at 4.80 c per pound,
duty paid, and Porto Rlcoa at 4.625 c per
pound, duty free, delivered. Fine granu
lated sold at 0.20© 0.30 c and No. 1 soft
at 0@6.20e per ptfund.
NEW YORK COFFEE.
NEW YORK, June 23.—Coffee values
were steady in trading on the exchange
here today, opening options being 4 points
lower to 3 points higher. Rio No. 7 on 1
spot sold at 10%c per pound.
NEW YORK RICE.
NEW YORK. June 23.—Rice prices
were firm today, with trading of a fair
nature. Domestic rice was quoted at
TVtSiTTfec per pound.
WHEAT SUFFERS
LATE DECLINES
Movement of Rain Towards
Grain Belt Chief Factor.
CHICAGO, .Tune 23.—Grain prices were
irregular on (he Chicago Board of Trade
at Ihe close today.
Wheat declined on reports of rain;
storms moving toward the grain belt!
from the Northwest.
Provisions wore irregular.
July wheat opened up %r at stl4%,
and closed off ©e. September wheat
opened up % at $1.13%. and closed off vie. j
December wheat opened up l%c at*
$1.18%, and closed off %e.
July corn opened up %c at 63%. end
closed up %c. September corn opened
up %c at 67%c, and closed off %e. De
cember corn opened up %c at 67%c, and j
closed off %c.
July oats opened up %e at 36%c, and:
closed up %o. September oats opened;
up %o at 3!)%c, and closed up %c. De
cember oats opened up %c at 41%c and
closed up %e.
(By Thomson & McKinnon.)
—J uue 23—-
Wheat—Liverpool showed considerable
strength today, because of scarcity of
spot wheat and small shipments from
Australia This news was reflected in ;
our early market, but thereafter prices
responded to claims of heavy rains in
the Canadian Northwest which suggested j
the possibility precipitation this side the ;
border. It was also a. fact that the for- !
elgn demand was not urgent, while the
country sold the new crop on the ad
vance in prices. The export business
being done is for nearby shipment and
mainly of Manitobas, there being very
little doing in new crop United States
wheat from which It follows that im
porting countries are not impressed by |
the heat in the Southwest. It Is’ begin- !
ulng to develop that the reduction in
total yield In the Southwest by heat is I
not going to be as large as expected, j
It seems, also, to be a fact that the major }
portion of the spring wheat belt has suf 1
iicient moisture for some time to come, j
We are inclined to feel that Ihe retro |
gressiori of the crop to date has been j
represented by the action of the mar 1
ket. Therefore, the rather unimportant !
foreign demand and the tendency of 1
country offerings of new wheat to in- !
crease will have to be overcome by ad- j
verse reports from spring wheat terri
tory If prices are to maintain their pres- j
ent level. We also feel that it lb nut
yet time to be firmly convinced of the
future course of the market.
Corn and Oats—Poor outlook for the
oats crop and an absence of rain over
the corn belt have prompted a rather gen
eral demand in both these markets, but
realizing sales were encountered In corn
In fairly large volume and in oats suf
ficiently large to fill all demand. We
maintain our feeling there must be con
siderable prospects o? a short crop of
oats. This belief is based upon the fact
that complaints have come from a very
wide territory. This heing so, we would
not he surprised to see still higher prices
in the future. Corn is ch*cidedly more
problematical. It Is hardly reasonable
to expect that any great damage has
been done at this period of the growth, j
tiut ft is admitted rbat a continuation of j
heat and drought would be decidedly I
detrimental. We view corn as 11 weather |
marker and therefore uncertain.
. Provisions —There was not much pres I
sure on the provision list In response to *
the easy tone lit hogs. Domestic trade
on both meats and lard. Is normal and
It Is believed that this demand will
broaden later in the season. It Is also
expected tha: ’he present run of hogs
will be finished within the next two or
three weeks.
CHICAGO GRAIN TABLE.
--June 23
WHEAT— Open. High. I.ow. (’lose.
July.... 114% 1.15% 1.13% 1.13%
Sept 115% 116% 114% 5 14%
Dec 1 18% 1 19% 1.17% 1.18
CORN -
July 63% 64 .63% .63%
Sept... .<57% .07% .66% .<>7 I %
Dec .... .67% .68 .66% .07%
OATS —
July 36% .38% .304* .37%
Sent 39% .9>% .39% 89%
Dee 41% .43% 41% .42%
LARD—
July.... 3145 117 11.45 1147
Sept... 11.78 11 77 11.72 11.77
RIBS -
•duly 12 35
•Sept 12.10
•Nominal.
CHICAGO CASH GRAIN.
CHICAGO. June 23 Wheat— -No. 3 red,
sl.ll . No. 4 red, $1.12. Corn—No. 2
mixed. 63%•</•<•: No 2 white. 04 1 -..'(p',|c;
No 2 vellow. 04'n 04%c No. 3 mixed, 03c;
N,.. 3 white. 63t(J63%c: No. 3 yellow. 03'ij,
63%c; No. 4 mixed. 02c; No. 4 white,
111 %f1.02%c; No. 4 yellow. 62<g02%
Oats No. 2 white, 3v% q43c; No. 3 white.
30%'<i.39’*e; No. 4 while. 35%7i37%c.
TOIJCDO seed and grain
TOLEDO, June 23. —Cloverseed -Cash, ,
sl3: October, $12.02%; December, sll.
A! Hike 1 'nub. #117.5; August, #!2.eß;
October $11.50. Timothy- -Cash. #2.87.;
August.'s3 02; October. $3.05. Wheat
Cash, J1.19U1.21 ; June, #118%: Juiv.
$1.16: September. #1.17%. Corn—Cash.
67(ftOSc. Oats—(’ash. 4.;<U44c. Rye—Cash,
42Hj-14c. Rye—Cash. 9sc. Barley—Cash.
67>c.
PRIMARY MARKETS.
(By Thomson & McKinnon.)
June 23.
—RECEIPTS—
Wheat. Corn. Oats.
St. Joseph.... 17.000 32.000
Chicago 45,000 3-57.0K1 137,000
Milwaukee ... 1.000 40.5 l 55,000
Minneapolis.. 201,000 47.0(H) 51.000,
Duluth 142.000 02.000 4,'HD
St Louis 74.1KK) 30,000 90.000
Toledo 7.ihh> 5.000 0.000
Detroit 2,000 2.000 I
Kansas Citv.. 230,0tH) 58.000 7,000
Peoria ...... 20.000 51,000 01,000:
Omaha 22,(H> 87.000 32.000 1
Indianapolis.. IT.iHK) 41.000 18.000
Totals 700,000 818,OtH) 469,<HH |
Year ago 1,039.000 810,000 502,000;
—SHIPMENTS
Wheat. Corn. Oats. !
St. Joseph.... 0.000 20.000 1
Chicago 480.000 115.000 525.000!
Milvva 11 kqe ... 1.000 6,000 25.000 j
Minneapolis... 105.000 24.000 118,000
Duluth 88.000 210.0(H) |
St Louis 03.000 58.000 115.000
Toledo 1.000 2.000 2.000*
Kansas City.. 149.000 14,000 5.000 *
Peoria 4.000 20.000 20.000
Omaha 55.00 55.000 20.001
Indianapolis 20.00) 6,000
Totals 955,000 544,000 842.000
Year ago... 652,000 840,000 31,000
—CLEARANCES
Wheat. Corn. Oats.
New York.... 136.000 187.000 022,000
Philadelphia 103.1HH)
Totals I.’Xl.<loo 290.000 ( 22.000
Year ago... 513.000 13.000 50.000
INDIANAPOLIS CASH GRAIN.
—June 23
Bids for car lots of grain arid My
at the rail of the Indianapolis Board!
of Trade were;
Wheat—Steady: No. 2 red, sl.o9ffft,l2 j
Corn—Steady; No. 3 white, 55%@36Vic; !
No. 4 white. 54%(®55%c; No. 3 yellow,!
54%<4055%c : No. 4 yellow. 53%<ii 54%e ;
No 3 mixed, 54%@55%c; No. 4 mixed,
53)4 (a 54 %e.
Oats—Firm: No. 2 white, 34%(535%c;|
No. 3 white, 33%@34%e.
Hay—Weak; No. 1 timothy, $18(518.50;!
No. 2 timothy, $17.50(dl8; No. 1 light;
clover mixed, $17@17.50; No. 1 clover, j
$14.50@15.
—lnspections
Corn—No. 3 white, 5 cars; No. 4 white, '
6 cars; No. 5 white, 1 ear: sample while, j
1 ear; No. 3 yellow. 2 cars; No. 4 yel- j
low. 1 car; No. 5 yellow, 8 cars; No. 0
yellow, 5 cars; No. 2 mixed. 2 cars:
No. 3 mixed, 2 cars: No. 6 mixed, 1 car, j
total, 34 enrs.
Oats —No. 1 white. 1 car: No. 2 white.
1 car; No. 3 white, 4 cars; No. 4 white, i
4 cars.; total, 10 cars.
Rye—No. 2. 1 car.
Total number of cars for day. 45.
Grain prices quoted f. o. b., basis i
41%c rate--to New York.
lIA4 MARKET.
The following are the Indianapolis
prices for hay, by the wagon load, de
livered In Indianapolis:
Hay—Loose timothy, $lS@2O; mixed
bay, slß@l9. baled hay, slß@l9.
Oats—New. per bushel. 42@43c.
Corn—Both old and new. per bushd
63© Bc.
WAGON WHEAT PRICES.
Indianan- is flour mills and elevators
Saturdaj .cere paying $1.07 per bushel
2 red winter and according to test for
for No. 1 red winter wheat: $1.05 for No.
No. 2 red.
SWINE VALUES
SHARPLY LOWER
Cattle Prices Steady Generally
—Veals Again Up.
RANGE OF HOG PRICES.
Good Good Good
Juno Mixed. Heavy. Light
16.*10.80 *10.65® 10. SO *10.80@10.90
IT 10.80 @10.85 10.65 @ 10.80 10.85@10.90
19. 10.80@10.85 10.70 @IO.BO 10.55@10.90
10.. 10.9.0@11.00 10.85 @ 10.90 11.00@11.10
21. 10.95@11.00 10 85@10.95 11.00@11.10
22. 10.90 @ 11.00 10.80 @ 10.90 10.95 @ll.lO
23. 10.75@10.85 10.70@10.75 10.90@11.00
Swine prices were 10@20c lower In
trading on the local livestock exchange
today, with receipts light at 7.000, but
the strengthening effect of light re
ceipts was more than offset by a poor
shipping demand. The packing demand,
also, was none too good.
Trading was very slow at the outset,
but later livened up some when com
mission men accepted lower prices.
A fair clearance for the day was an
ticipated.
There was a top of sll on a few light
swine, but the bulk of that gradt
brought $10.90. Mixed and mediums
brought $lO 80(ii 10.90 and heanes and
heavy mixed $10.75@10.80. There were
a few-sales of extreme heavies at $lO 70
Figs brought $10.75@11: roughs, $9.75
nnd down and stags $8.25 and down.
The bulk oof the sales for the day
ranged at $lO 50@10.90.
Cattle prices were steady to strong
generally on the good grades, while trade
in the commoner grades was slow and
prices were weak.
Trading was of a fairly active nature,
and a fair clearance had been effected
before the close of the forenoon trading.
There were a few good to choice steers
that brought $9.50. while a similar num
ber of good to choice heifers brought
$9.25.
Receipts for the day ran close to 700.
Veal prices were strong to 50 cents
higher, with receipts close to GOO, the
quality fair to good, prices on Eastern
markets higher and a brisk shipping de
mand.
Both sheep and iambs were steady,
with receipts light at 250, the quality
fair and the demand good.
HOGS.
100 to 150 lbs. average $10.90<g11.00
Over 300 lbs 10.70cg10.75
150 to 300 lbs 10.70@11.00
Best pigs, under 140 lbs 10.75@11.00
Top 11.00
Roughs 9.25© 9.75
Stags 7.50© 8.25
Bulk of sales 10.80©10.90
—Cattls—
Few choice steers 8.75© 9250
Prime corn-fed steers, 1,000 to
1,390 lbs 7.60© 8.35
Good to choice steers. 12200
to 1,300 lbs 7.35© 7.00
Good to choice steers, 1,100
to 1,20) lbs 7.15© 7.30
Goid r-i choice steers. 1,000
to 1.100 lbs 6.00© 7.15
Common to medium steers. 800
to 1,000 lbs 6 15© 6.00
t ow* and Heifers—
Few choice h, lfers 8.75© 9.25
Good to choice heifers V.b 8.35
Medium heifers 7.35© 7.85
Common to medium heifers.. 6.00© 7.25
Gt od to c'uoi-'e cows 5.85© 6 35
Coition to good cows 3.50© 5.50
earners 2.s*>© 3.50
CJ’ t< rs 2.25© 3.25
—Bulls—
Fancy butcher bulls 5.25© 5.50
Good to choice butcher bulls. 5 00© 5.25
Bologna bulls 3.50© 3.75
Light bologna bulls 3.00© 3.25
Light common bulls 3.00© 3.50
—Cal ves—
Choice veals 11.00© 11.50
Good veais 10.b0©11.00
Medium veals 10.00© 10.50
Fair to medium 9.50©10.00
Lightweight veals 8.50© 9.50
Heavyweight veals 7.50© 8.50
—Mockers and Feeders—
Good to <ho tee sleets liuuer
M O lbs • • 5.25© 7.50
Medium cows 3.50© 375
.00(1 cows 1 00© 4.65
Good heifers 6 00© 7.50
Medium to good heifers 4.50© 5.75
Milch cows and springers. . . 35.00©55.00
—Sheep and Lambs—
Cull ewes 1.50© 2.00
(It,ml to choice ewes 2.00© 4.50
Bucks 2.10© 3.50
Yearlings O.O : <f koo
Fpriugers 8.00@12.00
Cults O.oo© i.oo
i ;
Other Livestock
CHICAGO. June 23.—Hogs— Ifccelpts,
30,000; market, stcadv to 5 cents lower:
bull; of salts. $9.73u 10.75; top. $10.80;
h-nvies 510 .V.. mediums. $10.50@10.75;
lights. $lO 70@T0 HO ; light lights. $10.40©
10.70: packing sows, sntoo'h. $8.25@9 73;
packing sows, rough, $5.75©9.30; pigs*
$9.25© 10.50. Cattle—Receipts. 4 000; mar
ket. mca ly generally. Beef steers—
Choice and prime, $9 40(1(10.10; medium
rid good sß@9.4t; good and choice, SB.OO
©9.75; good and choice, $8(10©9.75; com
mon ;nti medium. S6.9tV-j8.60. Butcher
-•attic Defers, $5.50@8.50; cows. s4©
7 10; bulls. $(@6.25. Can tiers and cut
ters Cows and heifres. $2.85©4: canner
steers. $3 75(5 5: veyl calves, light and
handy weight. $7.25© .s 50; feeder steers.
Ss.lks(fi 7.05; Stocker s e-ers, $3.50©5.25.
Sheep find lambs-Receipts, 8.300; mar
ket. 15 to 25c higher generally; sheep
and yearlings, about steady; good to
choice lambs. $11.75@13.25; culls and
commons, $7 @11.25: yearling wethers,
$8 25© 11.41); ewes, sd©6 7,3; culls and
common ewes. $150(0.3 ’, breeding ewes,
$5@11.10: feeder laiuhs. $10.50© 12.
CINCINNATI, June 23.—Hogs—Re
ceipts. 4,000; market active and 10c
lower; all grades good swine. $11; pigs.
$10.85; stags, $5 75. Cattle—Receipts,
TOO; market steady generally; bulls,
steady; calves, $10.50 down. Sheep and
lambs—-Receipts, 4,500; market steady;
ewes. $5 down ; choice lambs, $12.50©
13.50; seconds. $.3; culls, s4©6.
CLEVELAND, June 23.—Rogs—-Re
ceipts, 3.000; market, 5 to 15c lower:
yorkfrs and pigs, $11.25: mixed and me
diums, sll 10; roughs. [e-mail]; stags. $5
© 5.50. Cattle Receipts. .‘>00: market,
slow anti weak. Sheep and lambs Re
ceipts. 800; market, steady: top, $13.60.
Calves —Receipts, 300; market, strong;
top. 51.50.
SIOUX CITY, lowa, June 23.—Hogs—
Receipts, 9.000; market steudy to 10c
lower; packing grades, 25c lower; range
of prices, SB.sf>@lo 30; bulk of sales. $9.25
@10.20. Cattle Receipts, 1.000; maiket
slow and steady to weak; fed yearlings,
$7.50©9.25; grassers. $6.75@7; fed butch
era. $40(16.25; bulls. $3.50© 7; veals. #s© 10 ;
steckers. $5@7.25; feeding cows and
heifers. $3.70©5.75. Sheep and lambs—
Receipts. 10O; market strong.
EAST ST. LOUIS. June 23.—nogs—Re
ceipts, 11,000; market, 5 cents lower:
mixed ami Dutehers, $10.60@10.75; good
heavies, $10.60© 10.70; roughs, $8.90©9;
lights. $10.70@10.75; pigs, slo© 10.60;
bulk of sales, $10.70@10.75. Cattle—Re
ceipts, 1.500; market, steady; native beef
steers sß@9: yearling steers and heifers.
sS.'2s©9; cows, $3.25©5.50: Stockers and
feeders, $3.75@6.60; calves, $3@8.50; run
ners and cutters, $2.50@3.25. Sheep and
lambs— Receipts. 1.500; market, steady;
mutton ewos, ss©7; springers. 5H@12.20;
canners and choppers. $1©2.50.
EAST BUFFALO. June 23.—Hogs—Re-
ceipts, 5.000; market, active; yorkers,
$11.35@11.40; pigs. $1125: mixed. $11.25©
11.35; heavies. sll.lo© 11.23; roughs, #8
@9; stags. ss©o. Cattle —Receipts, 300;
market, slow; feeders, $5®6.50; shipping
steers, $8.50@9.45: Butcher grades. $7.50©
8.75; heifers. s6<g 8; cows. $2.50© 0.25:
bulls. $3@5.25; btlch cows and springers,
$25 @l3O. Calves —Receipts, 1,300; mar
ket, active; cull to choice, $3.20@12.50.
Sheep and lambs —Receipts, 1.200; mar
ket. active and steady generally; choice
lambs. $13.50@1t; , nil to fair lambs. s7tm
13; yearlings, s7© 10.50; sheep. $3@7.50.
PITTSBURGH, June 23.—Hogs--Re
ceipts. 1.800: market, steady; prime
heavies, $11.15© 11 20; mediums. $11.35©
11.40: heavy Yorkers, $11.40© 11.50; light
Yorkers, sll.-10ft 11.50: pigs. $11.30 down;
stags, $5@5.50; heavy mixed, $11.25©
11.30. Cattle —Receipts, 50; market,
steady. Calvos—Receipts, 300; market,
steady: choice veals, $10.50; heavy and
thin calves, #s@B. Sheep and lambs—
Receipts, 200; market, steady; prime
wethers, $6@6.50; good mixed, $5@5.25;
fair mixed, $4@4.75; culls and commons,
sl@3; good to choice lambs, sl2<gl3.
CLEVELAND PRODUCE.
CLEVELAND, June 22. Butter—
Extras. 42©42%e; prints, 43@43%c;
firsts, 41(5 41 'jc; packing stock, 20@22c.
Eggs—Fresh, 2flc; Ohio firsts. 23c; West
ern firsts, 21c. Live poultry—Fowls 24
@2se; roosters, 15@16c; broilers. .30©
45c. Potatoes —Ordinary to good, $2.73
per 150-lb bag. Sweet potatoes—Good.
90c to $1 per crate; new. [e-mail], per
barrel.
Investigation
NEW YORK. June 23.—New York
Stock Exchange officials today or
dered a probe Into the price fluctua
tions of Mexican Petroleum, which
has gained 53 points in the last few
days.
Brokers charge the stock is being
manipulated in anticipation of pre
paring for a corner.
This Is the second probe of the New
York Stock Exchange within a year.
\
Weather
1 The following table shows the state of
the weather at 7 a. m. June 23, as ob
served by L : . S. Weather Bureaus:
Station Bar. Temp. Weather
Indianapolis, Ind. .. 30.16 70 Clear
j Atlanta, Ga 30.04 72 Clear
Amarillo, Tex 29.90 68 PtCldy
Bismarck, N. D.... 29.04 70 Cloudy
i Boston, Mass 29.84 60 Clear
| Chicago, 111 30.10 70 Clear
| Cincinnati, 0 30.16 66 Clear
j Cleveland. 0 30.12 64 Clear
: Denver, Colo 29.84 64 Clear
Dodge City, Kan... 29.96 70 Cl ar
Helena. Mont 30.16 54 Clear
Jacksonville, Fla... 29.9S 78 Oear
Kansas City. Mo.. 30.00 76 Clear
Louisville, Ky 30.16 06 Clear
Little Rock, Ark ... 30.06 74 (Tear
Los Angeles. Cal... 29.80 60 Clomdy
Mobile, Ala 30.02 76 Clear
New Orleans, La. .. 30.02 78 Clear
New York, N. Y.... 29.90 00 PtCldy
Norfolk. Va 30.04 72 Clear
Oklahoma City 30.02 76 Clear
Omaha, Neb 29.92 70 Clear
Philadelphia. Pa.... 29.98 70 PtCldy
Pittsburgh, Pa 30.14 58 Clear
Portland, Ore 30.22 52 Clear
i Rapid City, S. D... 29.92 68 Cloudy
Rosebtirg, Ore 30.16 48 Clear
San Antonio, Tex.. 30.02 74 Clear
San Francisco, Cal. 29.92 58 Clear
St. Louis, Mo 30 08 72 Clear
St. Paul. Minn 29.80 74 Clear.
Tampa. Fla 30.02 84 Cloudy
Washington, D. C.. 30.02 66 Cloudy
WEATHER CONDITIONS.
Except for a few widely scattered show
ers the weather throughout the country
has been generally fair since Thursday
morning. It Is warmer in the upper and
middle Mississippi Valley and Lake* re
gion In connection with the western dls
| turbance, whose northern c- - tar has
moved eastward to the Red Bit cc Volley.
Somewhat lower temperatures prevail in
northern sections west of the Groat Di
vide dne to a field of liigb pressure ad
vancing over the northern Pacific States.
CORN AND WHEAT BULLETIN.
For the twenty-four hours ending at 7
a. m., Friday, June 23, 1922:
Tern per-1
atnre |
——— 2 * >
Stations ot cl ■
Indianapolis 5? t s►.
District. S- l
xtiSS tfß
South Bend .. 1~~80 52*f 0 | Good
Angola ;78| 63 I 0 Good
I Ft. Wayne 78 i 58 0 1
i Wheatfield ! 81 I 49 I 0 I Good
; Royal Center ... 78 |4B | 0 ! Good
I Marion '79j 50 ! 0 ! Good
Lafayette jB2 55 : 0 1 Good
Farmland 81 i47 | 0 Good
Indianapolis —1 79 |63 j 0 Good
Cambridge City.! 81 46 | 0 | Good
Terre Haute ....I 80 ’SB j 0 1
Bloomington ...' 84 !47 i 0 ! Good
Columbus 88 40 0 (Good
Vincennes ;87 54 ! 0 j Good
Faoll 179 49! 0 i Good
Evansville S4 !62 | 0 j
J ~H. ARMINGTON,
Meteorologist, Weather Bureau.
Local Stock Exchange
—June 23
STOCKS.
Bid. Ask.
Ind. Ry. A Light com 57 ...
Ind. Ry. & Light pfd 84% ...
Indpls. St. Ry 46
Indpls. N. W. pfd 49
Indpls. & S. B. pfd. ft)
T. H„ T. & L. pfd 75
T. 11. I. A E. vmu 1 ...
T. H. I. & E. pfd 2% ...
U. T. of Ind com 3
IT. T. of Ind. Ist pfd. ... 9 14
I T. of Ind. 2d pfd 1 6
Ad vance-Rumely pfd 47 ...
Advance-Ilnmely com 16 ...
Am. Central Life 200 ...
Am. Cresotlng pfd 94
•Belt R. R com 50 ...
•Belt R. R. pfd 50% ...
Century Bldg. Cos. pfd. ... 94
Citizens Gas Cos 20%
(Ity Service com 230 235
City Service Cos pfd 68 1 /* 69%
Dodge Mfg. pfd
: Home Brewing 60 ...
Ind. Hotel com 88
I Ind. Hotel Cos. pfd 09% ...
Ind. Nat. Life In*. Cos 2
Ind. Title Guarantee 50
Ind. Flpe Lines 89
Indpls. Abattoir pfd 45
•Indpls. Gas ...
Indpls. Tel. pfd 90 ...
Indpls. Tel com 1
Mer. T’uh. UtH. pfd 50 ...
Nat. Motor Car. Cos 6 ...
l*uh. Savings Ins. Cos 6 ...
ltauh Fort, pfd 49 ...
Standard Oil of Indiana ... 106 ...
Sterling Fire Insurance Cos. 7% ...
Van Camp Hdw. pfd 90
Van Camp I’rod Ist. pfd. ... 97 100
Van Camp Prod. 2d pfd ...
Vandnlla Coal Cos. com 1
Vardn’ia Coal Cos. pfd 7 12
| Wabash Ry. pfd 2S
Wabash Ry. com 11
BONDS.
Broad Ripple 5i 62% ...
Citizens St R. R. 5s 82% ...
Indian Creek Coal A- Mines 6s ... 100
Ind Coke & Gas 6s 86 90
Indpls C. A S. 5s 92
! Indpls. & Martinsville 5s .. 61
i Indpls. & North. 5s 45
Indpls. St. Ity 4s 68 73
Indpls. & N. W. 6s 54 58%
! Indpls. AS E. 5s 40
Indpls. Shelby & S. E. 5s . 63
. T H . I. A E. 5s 64%
Citizens Gas 5s 83V* S8
j Indpls. Gns 3s 86%
j Kokomo M. A W. 5s 88% 91
Ind. Hot© Cos. 0s 99% ...
I Indpls. Water 5s 90 100
: Indpls. Water 4%s 81
Indpls. T. A T. 5s 82% 84
Indpls. L. A H. 5s 91V4 94
I U. T. of Ind. 6s 59 62
. Mer H. A L. 5s 99% ...
| New Tel. L. D. 5s 97
New Tel. Ist 6s 97
j South. Ind. Power 6s 86% 91%
LIBERTY BONDS.
j Bid. Ask.
Liberty Ist S%s 90.90
Liberty Ist 4Vis 100.10 100.42
T.thertv 2nd 4 ! 4s 99.94 100.10
Liberty 3rd 4%s 100 00 100.10
Liberty 4th 4V*s 100.04 10,1.20
Victory 4%s 100.36 100.56
INDIANAPOLIS PRODUCE.
■ Eggs—Fresh, 18@19c. Butter —Packing
stock, 17@18e. Poultry—Fowls, 16©21e;
leghorn fowls. 15c; broilt rs. 1% to 214 ]b
size. 86c; broilers under 1% lbs. 32c; leg
horn broilers at disco int; cocks. 12c:
stags. 12o; young hen Turks, 8 lbs and
up, 28c; old tom torks. 23c; young tom
turks. 12 lbs up. 28c; cull thin turkeys
not wanted: ducks. 4 Ihs and up. 15@16c;
| geese. 10 lbs and up. 12c; squabs. 11 Ibg
jto dozen, $5@5.50; old guineas, per doz
! en. $3.
Butter- Local dealers are paying 35@
30c per lb for butter delivered In Indi
ana polls.
Butterfat —Local dealers are paving 35c
per lb for butterfat delivered in Indi
anapolis.
NEW YORK HIDES.
NEW YORK, June 23.—Hides were
ugaiu firm on the market here today,
native steer hide sselling at 15%@17c
and branded steer hides at lS^Olfc.
NEW YORK WOOL.
NEW YORK. June 23. —Wool prices
were steady today, with trading quiet.
Values of the past week were well main
tained.
NEW YORK PETROLEUM.
NEW YORK. June 23.—Petroleum
? rices were firm on the market today,
’ennsylvania crude again selling at $3.50
per barrel.
WHOLESALE BEEF PRICES.
The following are today’* wholesale
prices for bdnf cuts as sold on the In
dianapolis markets of Swift & Cos.:
Ribs—NoJ2, 17c; No 3, 13. Loins—
No. 2, lOcJno. 8, Bc. Plates—No. 2, Tc:
No. 8. 64fl|
JUNE 23,1922.
GARDEN POINT
MEN IN COURT
Owner and Employes Face
Liquor Charges.
George Harlto. proprietor of Garden
Point, a resort and roadhouse in Broad
Ripple, his brother, Theodore Harlto,
and Louis Nick, a waiter, are under
arrest today on a charge of violating the
prohibition laws, as the result of testi
mony in the trial Wednesday of Nate
and Louis Farb, 144 North Highland
avenue, against who charges of
eness, assault anti battery and
ly conduct were heard in the justice of
the peace court at Broad Ripple.
Charges against the Farb brothers were
continued until June 28. The charges
arose as the result of an altercation at
the resort Tuesday night in which
knives, pistols and bricks are said to
have figured.
The Harito brothers, who are at liberty
under SI,OOO bonds, denied the sale of
any liquor. Plans are being made to file
suit to close the resort as a nuisance.
In the Cotton Market
NEW YORK, June 23. —The cotton
market was quiet but steady at the open
ing today, prices being unchanged to 5
points net higher.
Firm cables were offset by favorable
weather and crop advices and the list
j obtained its steadiness mainly through
j buying of July by spot houses and scat
tered local covering.
New Orleans and Southern wire con
cerns sold.
Later, prices ranged around Initial
levels.
New York opening cotton prices: July,
22.40 c; October, 24.21 c; December, 22.20 c;
January, 22.05 c; March, 21.92 c; May,
21.77 c.
The market was easy in tbe late deal
ings, closing at a net decline of 48 to
72 points.
—Cotton Futures—
Open. High. Low. CSose.
January 22.13 22.14 21.40 2i:40
March 21.92 21.99 21.30 21.3d
May 21.78 21.78 2LIO 21.10
July 22 40 22.45 21.67 21.67
October 22.41 22.44 21.68 21.68
December 22.20 22.27 21.50
LIVERPOOL, June 23.—There
fair demand for cotton today, with
sales close to 10,000 bales. " wi
American middling fair. 15.09d; good
middling, 14.04d; fully middlings, 13.74d:
middlings, 13.59d; low 1314d; good
ordinary, 12.29d; ordinary. 11.79(1.
Futures were quiet.
Building Permits
C. H. J. Everett, remodel, 270 North
Tremont. $350.
Otto Montgomery, garage, 152 South
Bancroft, SIOO.
Oscar S. Hayden, addition, 34 North
Keniing, $75.
Harry Howard, gas tank, 13GS West
Washington. $25.
Henry Dodgers, reroof, 4649 College,
$l5O.
John C. Denlau, double, 908 North
Dearborn. $6,000.
C. R. Mathews, reroof, 1729 Park, $lB6.
Mrs. D. Martin, repairs, 2460 Ethel,
$390.
Charles Hennlnger, reroof, 707 Ter
race, S9O.
G. Graf, addition, 1214 South Wright.
$350. ’
Laura Atherton, reroof, 2320 North
Delaware, $358.
Charles Pel, porch, 2505 East Seven
teenth, SSO.
E C. Nicholson, garage, 1212 Comer,
SIOO.
Mary E. Belzer, garage, 3314 Kenwood,
S6o">.
Western Wrecking Company, wreck j
dwelling, 804 North Delaware. S2OO.
James Jones, reroof, 3225 East Twen
ty-Sixth. S7O
Royse Investment Company, dwelling,
953 Linwood, $2,500.
Mrs. F. N colal, garage, 4449 Central,
$175.
Charles Kcstenbader, reroof. 1855 Sla*
gieton, $125.
Frank H. Meyer, reroof, 1499 SouW^l
Talbott, ?100.
Henrv Bolder, addition, 2901 Boulevard
Place. #1.900.
F. B. Ransom, remodel, 828 North Cali
fornia, $6,000.
Elza Schooley, dwelling, 69 North
Pershing. $4,000.
John Moran, dwelling, 47 North Shef
field, $4,000.
Augusta Knabe, reroof, 1205 Bates,
SSO.
Paul T. Pulliam, garage, 1621 Gem
mer. S7O.
Harry Dietz, reroof, 3225 Boulevard
Place. $250.
E. B. Hippie, repairs, 3403 West Wash
ington, SSOO. ,
George I.uner, addition, 2405 North
Capitol, $750.
A. R. Crawford, addition, 1650 Tabor,
$260.
Angnstine Lombardo, garage, 501 South
East, $659.
•T. H. Miles, dwelling, 4340 North Illi
nois. $7,500.
S. C. and R. F. Toohill, reroof, 917 Belle-/'
view, $65.
John Elkins, garage, 415 West Thir
tieth. $275.
Albert Schlucher, dwelling, 1241 Tre
mont. $2,700.
Welby C. Graves, garage. 1437 North
King. $223.
Sam and M. Kinney, garage, 620 East
Twenty-Fifth. S2OO.
Theodore F. Kramp, Jr., 246 Oakland,
SB,OOO.
John Wingfield, furnace, 2525 Broad
way, $225.
Marriage Licenses
Leslie B. Snyder. New Augusta 22
Mary J. Forrester. New Augusta 19
Edward W. Waltaz. 125 North Harding 23
Flecee Flolse, 1612 West Washington.2o^
Births
Earal and Thelma Webb, 2519 Adams,
giri.
Olln and Blanche Warda, 427 Ncffi*
West, girl.
Richard and Marsha Osburn, 1432
Prospect, girl.
Redick and Nora Tennery, 2624 West
Washington, girl.
Wilbur nnd Hazel Igelman, 546 North
Goodlet, boy.
Raj* and Bertha Williams, Deaconess
Hospltatl, boy.
Harvey and Elizabeth Hudson,
Deaconess Hospital, girl.
Harry and Helen Newby, ITI3 Prospect,
girl.
Luther and Minnie England, 335 Blake,
I girl.
Charles and Effle Adair, 621 Eaßt Mich
igan, girl.
Mearl and Rose Perry, 1301 East Min- 1
, nesota. boy. ,
Arthur and Anna
girl.
Chester and Edna ?• nnon, 851 West
New York, boy.
Paul and Pauline Grant, 410 Nartb
Arsenal, girl.
William and Selma Todd, 2701 Ash- '
land, giri twins.
! John and Anna Hendrickson. 1925 West.
| .Morris, girl.
| Seberry and Ethel Hart, 1527 East
| Nineteenth, boy.
Vedal and Viola Jacobs, Twenty-Third
j and Emerson, boy.
1 Clarence and Lottie Klingensmith, 1323
Kealing, girl.
Deaths
Mary Ilurgt, 70, city hospital, chronic
myocarditis.
Ida McGlacken, 23, city hospital,
typhoid fever.
Mary Boyer, 71. 2305 mitral
regurgitation.
Charles W. Sheldon. SQ, Central In
diana Hospital, pernicious anemia.
Frank H. Smith, 21, 1125 Bradbury, ;
phythsis pulmonnlis.
John T. Borgmann, 63, 1019 Chadwick,
eerebro hemorrhage.
Ralph Corder, 18, Walnut street and
Emerson avenue, fractured skull, |
cldental.
Myrtle Miller, 16, Long Hospital, !
peritonitis. ,
CHICAGO PRODUCE.
CHICAGO, Juno 23.—Butter—Receipts.
13.200 tubs; creamery extras. 80c; stand
ards, 36%c; firsts, 31%@3414e; packing
stock 25®26e. Eggs—Receipts, 19,600
cases'; current receipts, 20%@21c; ordi
nary firsts, 20®20%e; firsts, 21%@211ic;
extras, 23c; checks, lS@3B%c; dirties,
19c. Live poultry—Turkeys, 25 c; 1
chickens, £2%c; broilers, 30®41c;
roosters. 14c; gees*. 12@23c: ducks, 20
©23c.