Indianapolis News, Indianapolis, Marion County, 5 July 1916 — Page 19
THE INDIANAPOLIS NEWS, WEDNESDAY, JULY 5, 1916.
19
[T015 CENTS IM t WEIGHTS OF 160 POUNDS UP SELL GENERALLY AT «9.85 TO $9.90.
STEERS 25 TO 50C LOWER
Indianapolis receipts. 15,500 hogs. 2,500 cattle. S60 calves and. 850 sheep against 9,414 hoga, 1,277 cattle. 372 calves and 40-j sheep a week ago and 7,449 hogs, 1,(*5 cattle, 280 calves and 353 sheep a year The principal feature of the local hog market was the unusually big supply, more than have arrived in a single day since January 20. This favored buyers and there was a decline of 15c in a general way, Mr at of the hogs weighing 160 Pounds unward sold at 11.®, with several *bove the general run 18.90. The top was ®-®. About 1.000 hogs remained unsold. RgprMentative Sales.
T n... u ...
1 $
« set ... a K7 *1 m ... 9 85[63 236
PRODUCE MARKETS
KGUB—iDdiaoapol.a Jobbers offering country
sbfpperi tor strictly fresh
Indianapolis. 21c a dozen, loss off. cases re-1
sb stock, delivered at
turned; in new white wood caaea, 21 tic, cases
included.
POULTHT—Jobbers buying prices, delivery at Indlanapolla; Hens, 4 pounds and up, ISVic a pound; under 4 pounds, uc; roast era, U*c; stag*. 8c; springers, 1 Vi to 2 pounds. 21c a pound; under m pounds. 2tc; turkeys, young. l*c; old, 17c; springs, 16c; ducks. Pekin, 12c; Indian Runners. 18c; geese, 10 pounds and up 9c; squabs, a dozen. If) pounds and up. 18.60. BUTTER—Job berg buying prices for country stock, delivered at Indlanapolla. fle: Jobbers selling creamery extras in prints, 10c;
tuba* 29*4c.
CREAM—Indianapolis buyers paying 2*©29V4c
a pound for nutter fat, delivered.
CHEEPB—Jobbers’ prices; imported Swiss. 41c; Roquefort, 544?Mc; domestic Swiss. 3-9 34c; New York full new cream. Sc; Wisconsin cream, 2lc; Long Homs, 2Io; domestic limburger, 18c: brick, 80c; Neufchatel, Eagle
brand, large box, J1.00: small. 60c. WOOL—Indianapolis buying pi
qualities. Me.
Bn BUYING OF WHEAT AFTER 3-DAY HOLIDAY
On the Local Stock Exchange
buying prices: Good
Av. Ok. Pr. Hogs. Ay. Dk. Pr. 210 ... I» IS 72 186 ... 8# 85 121 ... 0 26*7(1 101 ... 9 85 826 M 8 26 74 105 ... 9 85 847 160 0 » 60 201 ... 9 86 128 0 40 56 205 ..; 9 86 114 ... 0 80j44 211 ... 9 85 m ... 0 50 61 216 ... 9 85 131 ... 0 60 66..... 221 ... 9 86
t 86 20 230 ... 9 86 9 86 40 236 ... 9 85
* — 9 90
990
9 86)52 299 ... 0 09 9 85 54 252 ... 9 96
CINCINNATI, July 5.-Butter-Whole milk creamery, extra, 31%c: dairy. 24c; pecking stock. 214i>t2V4c. Poultry—Broilers. 1 to 1!» pounds. 23#2Sc; more than pounds. 26c; fowls. ISVic; roosters. lOVtc; winter chickens. 2 pounds and over. 18$23c; ducks. 3 pounds and over, 14c; under 3 pounds, 12c; turkeys. 8 pounds and over. 21c; geese, 8#16c. Eggs— Prime firsts. 22Vic; firsts, 22c; goose eggs. 50c. NEW YORK, July 5.—Butter-Easy; receipts. 17,100; creamery extras <92 score), 2*V4c; creamery (higher scoring), ,29®29V*c. Eggs—Steady; receipts. 20,005; fresh gathered, extra fine, 26© 27c; firsts, 2S^©24V4c. Cheese-Steady: receipts, 4.495. Poultry—Drkssed, weaker; broilers. 26© 23c; fowls. 18©21^o; turkeys. 25c. Live poultry, easier; broilers, 22®25c: fowls,
17Vtc: turkeys. K©18c.
EVANSVILLE. Ind., July 6.-Butter-Deal-ers paying for fancy country, 20@25c a pound; packing stock, 20c; creamery. 33c. Eggs— Freeh, 18c a dozen. Poultry—Hens, 13c a pound; ducks, 11c; old roosters. 7c; hen turkeys, 14c; geese. 7®9c; spring chickens. 21c. LAFAYETTE. +nd., July 6.—Butter—Packing stock, delivered here, 20c a pound. Local Jobbers paying for eggs. 17c; spring chickens, 18®26c; hens. 14c; old toms, 12c; old hen tur-
eauij u. iiuiiaugcu.
—Receipts, 10,503 cases; unchanged. PoultryAlive, higher; fowls, 16c; springe, 21026c. TOLEDO. July 5.—Butter—Brick creamery. 29&«. Eggs—Fresh candled, 2484c, fancy se-
lects, 36c.
KANSAS CITY. July 5.-
poultry unchanged.
-Butter, eggs and
More cattle arrived than in a single day £^14” ducks r-c io.'
•Ince September 30. Steefg were most In 0 y ^
evidence In the offerings, there being a ,.. J ”i ly i t^7 P °nrTr^ ^i*"' ■mall proportion of cows and heifers. The 2°®^. turkeys. l3V40Me. ducks 12c,
competition from all sources for steers
WM lax and prices suffered 10c to 25c. CHICAGO, July 6.-Butter-Unchangcd. Eggs
choice dry fed kinds showing the Uhe. There was an active demand
_ rs and cows~and the supply was hardly adequate to meet requirements, ttris.** as a rule were steady to sttrong
a few cases, there was a slight Prices of bulls were without and a liberal supply of calves » of 25 to 50 cents in prices, tor stockers and feeding cat-
inting especially to the Je and with an Increase the market was dull at 26 cents lower in most the very choke, light Representative Sales.
Av. Pr. it cattle. Av. Pr.
956 85 60 866 5 6d|
steer* steer*
840 |6 75 8 cows 7» 7 75 8 cow*
8 <10 4 cows
8 00 2 cows ..... 945
8 10 2 cow*
8 75 7 oows is i r.;: ii «’■ *e twli'.
■ >
1,015 1,118 .. 1.000 . 1.1177 .. 1,117 ..1,13*
880
?S 1 sv™
i piSr 31SS 1» 31 [|i! Ss::: .,8 13=1 Ste 729 8 25 3 cslves ... 702 9 36 15. calves ... lilies
iff
208 10 00 162 10 60 106 10 76 185 11 00 182 U 00 153 11 00 !S US 200 11 25 160 11 60 184 1160
In the receipts
with the
iock, but no at prevailing „ i change in
), but there were more _ at any other, and oth-
7.75® ? 50. Cattle.
steers, 1,800 lbs.
9 50011 00
stssrs. 1,000
StSMS.*!*!®^****** ^ O*»0 9 76 ...a.»«....at8 75® 9 36
medium steers, 000 to
3 760 0 35
tsers. 000 to 1.000
•*»•*«***;*.#*ease»«««'««*• 4•• 8 E0(^ 9 26
tedium steers, 000 to
• .......... 8 00® 8 75
8 600 9 50
ham-
2oWS^*
CALVES^
••••aaaeese
• •sees# see*
«t«•«*■*•«tt
Xu.'
j*i?”
. : .**s.«sffi|Nit««aa S <K»# 6 50
•#**#•>• 7 00® 11 60 Uxit- 10 26
: •••**••««» eefwssaeeeseeeeses 7 Ou® 8 86 to fair steers, TOO lbs. ^iward : T 000 T 75 to choice steers, under TOO ««*«»•*««»«*•«•*»*••*••»«••tAj7 75® 8 60 te fair steers, under 700 0 000 7 76 to seed hslfera 6 oo® 7 oo tb to good feeding cow* ...... 6 0*© 6 00 calves. 300 to 400 lbs 7 600 S 50
Hoga.
heavies, 300 lbs. and upward....$9 85© 9 95 4m and mixed, iso lbs. and up8 *»f«* «» y 4 • »4> t 1.1 »•*«•»«*•*•«»» , a t 9 85 to cholc* light It. m to lbs. 8 86 on to medium lights, iso to U0 a ^ ^
* 4% •
I •sMffooobt^aeaaa*
• s«a«ooa$f^»
* tf *|$f ** •* *• *|f •%-».* * * * » "and Lambs.
■ e e » • k » • «» o o * o eeesaeowoeooe* oo««o»»e**aoo
isfossooetraseoeoee *$8 OOtf -easfeefeftai«deAn *4 w%
* •*«»*»•** e e •* 7 254, -4«ee«o**»e 8 00<2
_ soil
l<tbs eeeeseseee 7
8 80#10 60
Chicago Uva Stock.
ji
40.000, nixed,
>ugli, 18.60© slpts, 22.000: cattle, 17.50011.30; Stockers 1.80; cows and heifers, 33.75 « W.6O0U.Tt. Sheep—Receipts, wethers. 36.5008.00; lambs, 37.50. Live Stock Market*. Cattle-Receipts. 900; steere. 310.36011.00; dressed -0.00; southern steers. *6 25® I: heifers. 36.tj©woo; 06.7609.00: bulls, 35.75©
. ds.
steers, 800 to S, 33.5O0U.OOl
A AA' IfiA r.v
Sheep—Receipts, 6,<HX), ‘ , i,2r4‘SS'7^' SM ’ July 6.—Cattle—Best 1,300 to 1.600 pound;
medium s
eatveM
, 3»-7009.80; ISO ‘to «a 180 pounds, 39.6509.SO, 150; ISO pounds down, 1.65. Sheep—Choice to ^common to fair, 34.50© 6-—Hogs—Receipts S.3I9; nd * » n ,l u«>. » »: m 1008.86; reugh". l °38 , to
».
a 143; best veals. $9.50® -* Sheep and for lambs. £58C5Sg& SS: 6,000; active; 5; roughs. 36.760>.*O; and lambs—Receipts. ■ 78; yearlings. .36.50® j 34,0007,26; sheep. O,. July 6.—Hoge-Receipta. lower: Yorkers. 310.00; pigs, lights. 31S.O0; medium and x l rough*. 38.76; stags. 37.50. 10 cere; market weak. Sheep s, i care; market steady; -Receipts, 300. market firm;
<-^A5S£X SS: . '.T6; top lamb*. 30.00. steady; top. 112.9k
Ipta, 4.200;
39.7800.90; comand lights. 3S.25 dull; cows. $4.75® - Shaep ■•Receipts riow. 37.OO0U.OO.
%ed M ^
6.000, steady.
Dn s-so*
>x WIMW, 0#*1iW4J ti.l“ 5 .
Fruits and Vegetables. [Wholesale Belling Prices)
Apples—Ben Davis, $1.6003.00 a barrel: new Tennessee Transparent*. $2.7603.00 a bushel; Kentucky and Illinois, 32.26; Early Harvest, 32.00 a bushel; Red Astrachan, $1.76 a bushel. Aprlcots—California, $L60 a case of tour bas-
kets.
Asparagus—Home-grown, 20c a dozen bunches. Bananas—76c032.6O a bunch, according to *1«; $@8\4o a pound, according to quality. Beans—Green, Indiana. $1.25 a bushel
per; $6.00 a barrel.
Beets—Home-grown, $1602Oc a dozen bunches Blackberries—Indiana. $1.6002.50 a crata of 24
quarts.
Carrots—Home-grown. 40c a dozen bunches. Cabbage—Home-grown. $2.00 a barrel. Cantaloupes—California, $2.7503.25 for large
cr *t®»; $1.40 for flat crates.
Cauliflower—Home-grown, $1.60 a dozen. Cucumbers—Home-grown hothouse, 40o a
dozen.
Cherries—Marlon county, 31.6002.00 a crate of 24 quarts; $1.26 a half bushel basket; Mlchl-
S*n, 11.76 a crate.
Currants—Red, 3L60 a crate of 10 quarts.
Dewberries—$2.60.
Gooseberries—1.7602.00 a crate of 24 quarts.
Garlic—20c a pound
Grapes—Muscatal, California. 34.00 a case of
80 pounds.
Kale—Home-grown, 66c a barrel. Lemon#—California, (4.60 a box.
Lettuce—Leaf, hothouse, 3©6c a pound; head,
Indiana. 78c a bushel. Limes—$1.50 a hundred
Onions—Home-grown, green. l»Hc a dozen bunches; Louisiana pink. $3.60 a bag of 8U pounds; Texas Bermuda, yellow, 32.60 a crate
of 60 pounde; white, 32.80.
Oranges—California Valencia, $4.60 a box. Parsley—Louisian;!., «0c .a dozen bunches; home-grown. 20c a dozen small bunches.
Parsnips—$1.*01.60 a barret
Peaches—Indiana, 6Oc0fl.OO for one-third bushel; Georgia Bell. $2.75 a crate of six bas-
kets; Carmen. 31.80.
Peas—Indiana. $1.25 a bushel.
^JPepper*—Green Mississippi, 40c a small Plneapples-Florlda. 13.2608.00 a crate. Plums—California, Clyman, $1.25® 1.65 a case of four baskets; Tragedy. $1.7502.00: Formosa.
31.60.
Potatoes—North Csrollnla and Virginia. $4.50 a barrel; Indiana, $1.60 a bushel. Raspberries—Indiana black, 32.2502.50 a, crate of 24 quarts; $1.25 a crate of 24 pints: red, $2.50 a crat* of 24 pints. Spinach—Home-grown, 65c a barrel. Sweet Potatoes—Southern Queen. 31.50 a bushel. Tomatoes—Home-grown, hothouse. 31.66 a 16pound baaket; Texas, 00c a crate of 4 basket*. Watermelons—Florida, 2S04Oo each. Miscellaneous. Beans—Navy, $5.00 a bushel; California Lima, 7c a pound; kidney, $5.76 a bushel; marrowfat. 36.00 a bushel. Cider—25o a gallon. Cocoanuta—$4 5o<fM> 50 a hundred. Honey—$8 75 a case. Popcorn—8A6o a pound shelled; Ic on the ear. One Good Crop of Wheat Anyway. John H. Haehl, farmer, Union township, Shelby county, sends to Thomson & McKinnon, Indianapolis grain brokers, some samples of a nne crop’of wheat he is now cutting off sixty acres that will average at least twenty-five bushels to the acre, he says. The heads are long, full and heavy. Decision on Illinois Grain Rates. WASHINGTON. July 5.-'The. interstate commerce commission today decided that grain from Illinois points to Chicago, when sold there and reshlpped to interstate points, should pay the low intrastate rate to Chicago, but that grain from Illinois, which Is stored at Chicago and then reshipped, must pay the interstate rate from the point of origin to final destina-
tion.
Seed Prices. TOLEDO, O., July 6.-Clover seed-Prime cash, $1.00; October, $9.10; December, $8.97. Al■ike—Prime cash. ©.00; August. $9.76. Timothy—Prime caah, $8.40; September, $3.25. DULUTH. July 6.-Llnse*d-On track, $l.R2ti; to arrive, 31.83: July, $1.82 asked: September. 31.88S0 asked; October, $1.8214 asked; November. $1.S2V4CHICAGO, July 6.-Timothy, 36.T5; clover, $7.00014.00. Holiday Horse Market. The Fourth of July holiday probably had some influence in making a poor demand for horses in the local market, and the outlet was narrow, confined largely to a class of choice, heavy chunks and drafters, suitable for the New York trade, and took only two or three loads of the 300 received.
SELLING BY BIG CHICAGO HOUSES CHECKS LARGE ADVANCE.
PRICES PRESSED NEAR CLOSE
CHICAGO, July 5.—Wheat rose in value today, owing to an advance at Liverpool, and as a result of bullish foreign statistics. Cables reported that demand was broadening, and that European crop ad vices were becoming less and less favor able. A consequent rush of buying here, however, ran into selling that was headed by one of the largest firms on ’change. Opening prices, which ranged from ^2@%c to l%c net higher, with July, at $1.04 to J1.64Y4, and September at [email protected]%. was followed by moderate general reaction. The smallness of the decrease in the United States visible supply total acted later as a weight on prices and so too did bearish estimates of the domestic 1916 crop. Quotations closed nervous, at 'Ac to net advance, with July at 31.03% and September at 31.05%. Scarcity of offerings gave the corn market strength. Signs pointed to continued active demand from the seaboard After opening %c to %c higher, prices underwent something of a setback. Ideal weather tended later to ease the market. The close was unsettled at an advance of %<&%c to %c net. Oats were relatively weak, due to conditions promising fairly well for a big crop. Decreased stocks led to an upturn in provisions. A decline in the hog market was virtually ignored.-
[By Thomson & McKinnon’s Wire]
Open-
High- Low- —Closing—
WHEAT-
Ini
est. est
July 5
July 1
July
.. 1 04%
1 04% 1 03
1 03%
1 03%
1 04 .
Sept
.. 1 06%
1 06% 1 05%
1 05% *
1 05%*
1 Ofi
Dec
.. 1 10
1 10 1 08%
1 08V 1 08%t
1 09?*
CORN-
July
76% 75%
76
75%
75%
Sept
73% 73
73%-*
73%f
73%
Dec
62% 61 %- 62%-
«!%-•
62%
OATS-
July ....
.. a%
39 38%
38%t
3S%t
Sept 38%
38% 38% 40% 3S%
38%-
38 V
Dec
.. 40%
39%
40%t
40%
PORK-
July 25 00*
25 55 25 50
25 55 25 42t
Sept
..24 82.
25 07 24 82
25 00! 24 85
24 85
LARD-
July .....
.13 30
13 37 13 30
13 30-* 13 25
Sept
. 13 47
13 55 13 42
13 50t 13 40*
13 50
RIBS-
July ..... Sept
.13 90
10 92 13*85-
13 801 13 80t 13 85t 13 85
*Bld. tAek. (Nominal.
•The closing quotations a year ago were: Wheat—July, 11.09; September, $1.02%: December, $1.00. Com—July, 74%c; September, 73%c; December, 64%c. Oats—July, 47%c; September, 88%C; December, 39%c. Pork—July, $16.75; September, $17.06; October, $17.15. Lard— July, $9.32; September, ©.66. Ribs—July, $10.40; September, $10.67. CHICAGO, July 5.-Wheat-No. 2 red, $1.06% ©1.06%; No. 3 red, nominal; No. 2 hard. $1.06® 1.06; No. 3 hard, [email protected]%. Corn-No. 2 yellow, 78@78c; No. 4 yellow, 76%©77c; No. 4 white. 76©77%c. Oats-No. 3 white. 38%@38%c; standard, 89%©40%c. Rye—No. 2, 98@99c. Bar-ley-630800. Pork—$24.i0®2o.55. Lard—$13.32. Ribs—[email protected]. Liverpool Grain Prices. LIVERPOOL. July S.-Wheat-Spot. No. 1 Manitoba, lOe 9d; No. 2, 10* 8d; No. 2 red western winter, 10s 2d. Corn—Spot, American mixed, new. 9s 8d.
Admiral Winslow to Be Retired. WASHINGTON, July 5,-Orders for retirement, July 29, of Admiral Cameron McRae Winslow, commander of the Pacific fleet, who will then reach the age limit, were Issued today by the navy department. Announcement of his successor will be made within a few days.
Louiaville Tobacco Sales. [Special to The Indianapolis News) LOUISVILLE, July 6,-Sales of tobacco at the break today; Two hundred and thirty-three hogsheads of new hurley at [email protected]. and six of new dark at $6.SU
Dry Goods Trade Quiet NEW YORK, July 4.—Dry goods primary markets Monday were quiet, du* to very gonoral closing of houses for the holiday.
New York Coffee. NEW YORK. July 6.—Coffse-Rlo No 7. 0c Futures—Firm: September, 8.16c; December* seam.
New York Hides and Leather. NEW YORK. July 5.—Hidesv-Steady; Botot*, S2*«S3e; Central America, 82%c. Leather -Firm; hemlock firsts, S7c; seconds. Me.
Retail Coal Prices.
Ton.
•»»
3 25 4 75 6M 6 60
• § 50
Unton No. 4 lump, torked .1 Indiana lump, forked Indiana lump and egg. screened Kanawha lump, forked ..... Ohio Hocking lump, forked Ohio Hocking washed egg .. Ohio Jackson lump, forked
Bloaabure. smithing
Cannel lump 6 50 Pocahontas, forked lump -j Pocahontas, shoveled lump g js Pocahontas mine run 75 Pocahontas, nut and slack oo Anthracita, chestnut 75 Anthracite, stove and egg 8 60 Anthracite, grate » OonnellsvlHe coke 7 00 Indianapolis by-product ooke (all sixes).. 4 00
—Extra Delivery Charges—
Bags—56c per ton sxtra. ground floor or
duroixKl in ceUar. -
Bags—76* per ton extra, carried Into cellar. Charge for chute or wheelbarrow. J5c per ton. Coke—Bags, 40c: bags in cellar. 90c.
rtafinad Oil Prlcss.
[Indianapeu# Wholesale Prices)
Pertactkm, Bocae* lie; Palacios. l*c: 1. II. and P. naphtha, lie: Red Crown caso-
Other Grain Markets.
CINCINNATI, July 6.—Grain changes: Wheat -No. 2 red. [email protected]. Oom-No. 3 white. 78%@ 79c; No. 4 white, 77@78c; No. 3 yellow, 78(4®. 79c, No. 4 yellow, 77070c; No. 3 mixed, 78%® 79-; No. 4 mixed, 77®78c; white ear, 77@79c; yellow. 77©79c; mixed, 76@78c. Gate—No. 2 white. 48®50c; No. 2 mixed. 89040c. Rye—No. 2, 98C ©$ 1.00. Flour—Winter patents, $5.5006.75. Hay—No. 1 timothy, $18JW; No. 1 clover mixed,
$16.00017.00; No. 1 clover., 311.0Q,
MINNEAPOLIS, July 5.—Wheat—July, $1.07%; September, $1.08%®1.08%; No. 1 hard, $U3%; No. 1 northern, $1.O7%01.O9%; No. 2 northern, $1.04%®1.07%. Corn—No. 3 yellow, 77%@78%c. Oats—No. 3 white, 38%@87c. Flour—Fancy patents, 10c higher, quoted at $8.10; first clears, 20c higher, quoted at $4.90; shipments. 133,369 bar-
rels sines Saturday. Bran-$17.00®18.00.
NEW YORK. July 5—Flour—Quiet; spring patents, $6.40®6.70; winter patents, $5.10®5.35; winter straights. $4.0005.00; Kansas straights, $5.1505.30. Pork—Firm; mess. $26.00©26.50; famtly, $25.00028.60; short clear, $24.00027.00. Beef-Steady; mess. $17.50018.00; family, $19.00 020.00. Lard—Firm; middle west, $13.40013.50.
Hay—Barely steady; prime $1.46.
EVANSVILLE, Ind., July 5.—Local dealers are offering the following prices: Wheat—At Evansville. $1.00 a bushel; at station, 97c. Corn—No. 2, 70@71c a bushel. Oats—No. 2 white, 46%c; No. 3 mixed, 44%c. Hay—No. 1 clover, $10.00; No. 2 timothy, baled, $15.00;
loose timothy, $13.00.
ST. LOUIS, July 5.—Wheat—No. 2 red, old. $1.1001.13; new. $1.11; No. 2 hard, $1.06%. July. $1.01%; September, $1.04%. Com-No. 2, 70® 76%c; No. 2 white, 76@77%c: July, 75%c; September, 72%c. Oats—No. 2, nominal! No. 2 white, nominal; July, 37%c; September, 37%c. TOLEDO. July 5.—Closing prices: WheatCash and July, $1.09%; September, $1.12%; December, $1.17%. Com—Cash. 79%c; July, 78c; September, 75%c; December, 64%c. Oats— Cash, 41%c; July, 41c; September, 4©%c. Rye—
Caah. 97c.
KANSAS CITY. July 5.—Wheat—No. 2 hard. 99c@$1.0d; No. 2 red, 96c®$1.03. Com—No. 2 mixed, 73074c; No. 2 white, 78®74%c; No. 2 yellow. 74075c. Oats—No. 2 white, 40©41c; No. 2 mixed, 36©37c. IaAFAYKTTE), Ind., July 5.-Cash grain: Wheat—No. ,2, 96c; No. 3, 01c. Com—June delivery; 70c. Rye—No. 2. 70c; No. 3. 77c. Oats— White, No. 4. 34c; mixed, 32c. WINNIPEG. July 6.-Wheat-July, $1.13%; October, $1.07%. Receipts, 3,586 cars, compared with 45 a year ago. LOUISVILLE, July 5,-Cash wheat, old or new. No. 2 red. $1.02: No. 3 red. 99c. DULUTH. July 5.-Wheat-Julv. $110% September, $1.09%. Indianapolis Cash Grain.
—July 6—
Wheat—Steady; No. 2 red, $1.0801.09 through
billed; July. $1.08; extra No. 3 red, $1.07%® 1.08% through billed: July, $1.07%; No. 3 red,
$1.0701.08 through billed; July. $1.07. Cora—Strong; No. 3 white, TSfeTStc; No. 3 yellow, 78070c; No. 3 mixed, 78@7*c. Oata—Steady; No. 2 white, 40%«41c; stand-
ard white, 40% / <i40%c; No. 3 white, M%®39%c; No. 4 white. 38%030%c; No. 2 mixed. 38%® 30c; No, 3 mixed, 38%©39c; No. 4 mixed, S3®
38 %c.
Hay—Steady; No. 1 timothy. $16.50017.00; No. 2 timothy, $15.60016.00; light clover mixed, $15.60016.00; No. 1 clover. $15.00015.50. —Inspections— Wheat—Sample. $ cars; total, 2 cars. Corn—No. 2 white, 14 car#; No. 3 white. 90 cars; No. 4 white. 7 cars; No. 5 white. 2 cars; No. 6 white, 1 car; No. 2 yellow. 24 cars; No. 3 yellow, 22 cars; No. 4 yellow, 4 cars; No. 5 yellow, 7 cars; No. 6 yellow. J cars; No. 3 mixed, 7 cars; No. 3 mixed. 11 cars; No. 4 mixed, 1 car; No. 6 mixed, 2 cars; sample mixed, 6 cars; total, 199 ears. Oats—No. 2 white, 1 car; No. 3 white, 3 cars; No. 4 white. 22 cars; No. 3 mixed. 1 car; No. 4 mixed, 1 car; sample mixed, 0 cars; total, 37 care. Hay—No. 1 timothy. 1 car; No. 3 timothy. 11 cars; No. 3 timothy. I car; total, 13 cars. Prices at the Hay Market -—July 5— The following are the Indianapolis prices for hay and grain by the wagon load: Hay—Loose timothy, $15.00016.00; baled, $17.00 ©18.00: clover, loose, $10.00012.00; baled, $10,000 12.00 a ton. Corn—*2®95c a bushel. Oata—42®46c a bushel. Straw-Wheat, *.0006.50 a ton: oats, $8.00© $.50 a ton. Wheat Prices at the Mills. —July 5— The local flour mills are paying 85c®$1.01 a bushel for No. 3 red wheat, delivered at the mills by wagon.
H. M and
U QrUnder* OU-Llghl filtered
<ark tttscsd
gas. machine gaso ine Oil-Light, filtered stock.
-a- e AAttt&re
The trend of bids was irregular at the midweek session of the Indianapolis Stock Exchange- Terre Haute. Indianapolis & Eastern common and preferred, and Indianapolis Gas declined % point each, while Citizens Gas '•s. and Merchants Heat and Light refunding 5« advanced % point each. The only sale was one New' Telephone first 5 per cent, bond at par.
Local Securities.
-July 5Tractions—
Indiana Railway and Light com... Indiana Railway and Light pfd... Indianapolis & Northwestern pfd... Indianapolis & Southeastern pfd... Indianapolis Street Railway Terr* Haute Traction A Light pfd. Terre Haute, Indpls. & East. com.. T6rr# Haute, Indpls. A East. pfd... Union Traction of Indiana com Union Traction of Indiana lat pfd. Union Traction of Indiana 2d pfd.. Miscellaneous— American Central Ufe American Creosotlng pfd Belt Railway common Belt Railway preferred £*” tur y Building preferred........ Cities Service common Cities Service preferred ol 1 !** 08 Glu Company 1007-1910)... Citizens Gas Company (1011) Citizens Gaa Company (101$) Home Brewing Indiana Hotel common Indiana Hotel preferred Indianapolis Abattoir preferred Ind an* Title Guaranty Indlanapolla Gas Indlanapolla Telephone common Indianapolis Telephone pfd Law Building S' Lemcke Realty pfd £ ni< * en ‘ s ®l Casualty P re, * rred sterling Fire Insurance 'l an Camp Hardware preferred XjJH.CkmP Packing preferred Vandalla Coal common
BONDa Tractions— Broad Ripple 6s Citizens Street Railroad 5s Indianapolis Northern 5s Indiana Umon Traction 5s Indpls., Columbus A Southern 5s... Indlanapolla & Greenfield as Indianapolis Northern 5a Indianapolis & Northwestern 6s Indianapolis A Southeastern 6s Indianapolis & Martinsville 6a Indpls., Shelbyvllle A Southeast. 5i Indianapolis Street Railway 4s Indpls. Traction and Terminal 5e.. K.. M. A W. fraction 5s T. Ii„ L A E. 5s Union Traction of Indiana 5a MiscellaneousCitizens Gas 5s Indiana Hotel second 6s Indianapolis Gas 5s Indianapolis Light and Heat 5s .... New Telephone first 6e Indianapolis Water 6s Indianapolis Water Co. 4%s Merchants Heat and Light ref. 6s.. New* Telephone 1st 5s
New New
South
Waverley Electric 6s
Sales—
1 New Telephone 1st 6
Telephone second 5a 88% ... Telephone—Long Distance 87 h Indiana Power 6s 99% 101
Bid.
Ask.
49%
54
ICO
104
72
82
99
86
102
100
105
5
10%
25%
32
8
45
...
12
235
101
• •*
256
• ee
116
as*
100
• ••
•••
170
162
160
157
***
56
**#
105%
too
RS
72
118%
121%
27
32
92
94%
132
142
100
eee
66
ee*
100
62%
'72%
U
"i%
100 100 3%
12
102%
...
93%
96
99%
100%
70
72%
’99% ioi
99%
eee
70
72%
87%
90
85
87%
89%
92
98
. 83
86
93
eee
98%
99
92
ee.
95
98
97
99
100 96%
'P8
97
98
99%
101
100
100%
90
eee
96%
98
100
101
88%
eee
87
99%
ioi
100
...
. 100
CANADIAN PACIFIC AND U. STEEL STRONG LEADERS.
GRANGERS AND COALS GAIN
WHEAT HARVEST BEGINS.
CALL MONEY MAKES SPURT
NEW YORK, July 5.-Call money rose to 4% per cent, on the Stock Exchange today. This is the highest quotation for call loans since the reopening of the Stock Exchange in December, 1914. The advance was attributed to the heavy midyear payments of interest and dividends.
INDIANA BOND SALES
FRANKLIN—J. F. Wild & Co., Indianapolis, was the successful bidder on the $11,300 of 4 per cent, gravel road bonds, sold here, paying $175,00 premium. BOONV1LLE—The litigation over the construction of twenty-three miles of new macadam roads In Boonvllle and Boone township having been settled, the county treasurer will sell the bonds covering the cost of the work on July 12. An Issue of ©2,000, bearing 4% per cent. Interest, and payable semi-annually In series within ten years, has been authorized.
Corn and Wheat Bulletin
For the twenty-four hours ending at 8 a. m., seventh-fifth meridian time, Tuesday, July 4:
Drug Price*. (Indianapolis Wholesale Pricea) Alcohol. 82.9303.19 a gallon, asafetida. *.* * pound; alum. 18021c a pound; camphor, 69c a pound carbolic add. $1*0 a pound; cochineal, *c a pound: chloroform. Tic a pound; eopporas, f%c a pound; cream tartar, pure. 68c pound; Indigo. 0.00 a pound: extract licorice. 40c a pound; morphine, P. A W., *n ounce, $*,*06.65; oil bergamot. H75 a pound; quinine. P. A W„ an ounce (in five-ounce cans), 10c; soda bicarb, »%05c a pound; potassium Iodide. $510 a pound; bromide of potassium. $5.* a pound; chlorate of potash. $1.00 a pound; borax, 9014c a pound; glycerin, 68c pound.
Tlnnara' Suppila*. ©.00011.00. same, old sty la $12.00022. W; tin oars. 5*c; tin In pigs, 65c. COPPER—Bottoms. 48c; soft, 10 os.. 38c; planished. 48c. LEAD—Pressed bare. 80S%c. IRON—27 on* pas*.. $2.25: 27 Wood's refined. ©50 SOLDER—*®Wc STEEL—Galvanised, No. 27, $6.89. ZINC—Sheet, 20c.
Stations of Indianapolis District. r
Temperature.
s-i II! X
State ot weather.
J i u
N 3
Notre Dame
76
58
0
Clear
Auburn
80
53
0
Clear
Ft. Wayne
76
601
0
Clear
Logansport
* 84
58
0
Clear
Delphi
83
58
0
Clear
Marion
83
55
0
Clear
Lafayette
81
60
0
Clear
Farmland
80
68
0
Clear
Indianapolis
82
61
0
Clear
Cambridge City .......
84
54
0
Clear
Terre Haute
84
64t
0
Clear
Bloomington
87
60
0
Clear
Columbus
86
61
0
Clear
Vincennes
92
68
0
Clehr
Paoli
87
62
0
Clear
EvaflsvllJe
94
6St
.36
Clear
Market news over holiday, particularly the trend of Mexican affairs, contributed appreciably to the better tone of today’s market, practically all divisions of the active list scoring material advances. NEW YORK, July 6.—Stocks responded to the more favorable developments in the Mexican situation and other hopeful auguries with a series of substantial gains at the opening of today’s market Specialties like Studebaker, Baldwin, Crucible and Mexican Petroleum advanced 1 to 2 points with similar gains in the shipping shares. United States Steel was the only issue to register a “wide” opening, a single block of 4,000 shares changing hands at 86% to 86%, against Monday’s closing price of 86%. Important rails were strong, Canadian Pacific gaining 1%. Texas Company rose 3 points and Maxwell 2d preferred, 4. Broader Advance. Profit-taking of a general character and pressure against Reading and Industrial Alcohol served to Impair prices soon alter the opening, Canadian Pacific and Steel being almost the only important stocks to show resistance. There was another and broader advance later, however, on publication of the Conciliatory Mexican note. Steel advanced to 87%, with further gains in Canadian Pacific and some of the granger and coal Issues. Petroleum made an extreme gain of 3 and other Mexicans, as well as Texas company, augmented opening gains, with improvement in munitions and coppers. Bonds were firm. All at Further Gains. Mexican Petroleum, Union Pacific and United Fruit were in demand during the midsession, all at further gains. The balance of the active list held firm to strong, despite continuous realizing. A rise in call money to 4!4 Per cent, was without material effect on prices, but accounted for the diminished trading of the final hour. The closing was strong.
[By Thomson & McKinnon s Wire]
Allis-Chal Mfg 24 Allis-Chal. pfd 76%
Gold.. ‘
Open- High- Low- Close Close eat. est. est. July 5 July 3
23%
73% 90% 76% 68%
18% 94%
?i% 89% 75% 65%
24
75% 17% 93% 53%
54 29 20
67% 95%
23% 76%
18 «> 52
53% 28% 19V, 67% 94%
128% 128% 83% 82%
106
99
71% 89%
72% 89%
For the twenty-four hours ending at 8 a. m., seventy-fifth meridian time, edneaday, July 6:
Stations of Indianapolis District.
Temperature.
Hi m X M
Notre Dame
84
50
0
Clear
Auburn
85
56
0
Clear
84
641
0
Clear
Logansport
87
58
0
Clear
Delphi v
86
58
0
Clear
Marlon
SO
60
0
Clear
Lafayette
85
62
0
Clear
Farmland
83
58
0
Clear
Indianapolis
84
63
0
Clear
Cambridge City
86
53
0
Clear
Terre Haute
84
64$
0
Clear
Bloomington
86
60
0
Clear
Columbus
86
58
6
Clear
Vincennes
86
65
0
Clear
Paoli
85
60
0
Clear
Evansville
86
661
0
Clear
'Xlisueav yesierun.Y. ijlajwcsi uuwug four hours ending at 8 a. m., 75th meridian time. tThe lowest temperature Is for the twelve-hour period ending at 8 a. m., 75th meridian time. SUMMARY OF WEATHER CONDITIONS THROUGHOUT THE CORN AND WHEAT REGION. (For the forty-eight hours ending at 8 a. m.. Wednesday). Showers occurred in western Montana, North Dakota, extreme eastern South Dakota, western Minnesota, Iowa, extreme eastern Nebraska, Missouri, extreme southern Illinois, and in western and extreme southern Kentucky. Amounts were moderate except exceeding 1 inch at Campbell, Minn.; four stations in Iowa; Mexico and Warsaw, Mo.; Earlington and Greensburg, Ky.; and 2% inches at Yankton,
8. D.
Maximum temperatures of 90 degrees or above occurred Monday west of the Mississippi except in Minnesota. North Dakota and Montana; also in southern Illinois and Kentucky, and the highest was 104 degrees at Scott City. Kas. Maxima Tuesday were 90 degrees or above In west and central Nebraska. Kansas and Missouri south of the Missouri river. J. H. ABMINGTON, Meteorologist. Thomson A McKinnon'* Grain Letter. —July 6— Wheat—Responding to sharply higher Liverpool prices, the market started out with a substantial show of strength; but on the advance the offerings became free and the reaction carried values down to about previous closing markets. No real weakness was displayed, however, and one of the important features was the covering of a line of September by a prominent Chicago operator. Pressure came largely from Chicago traders who were influenced greatly by the excellent weather conditions that have prevailed over the wheat country In the last few days, as well as by the Snow report estimating a total wheat crop of 763,000,000 bushels, or 48,000,000 bushels larger than the government figures for June. New wheat is also commencing to move more freely and Wichita reported receipts of 165 cars in the last four days, of which seventy-nine cars were new’ wheat and graded No. 2 hard. ■ Minneapolis also claimed considerable new wheat offered there to arrive by the southwest. The decrease of only 19.000 bushels In the visible supply proved a disappointment to many holders, and leaves total stocks of 42,628.000 bushels, against 7,949,000 bushels a year ago. Canadian visible decreased 1,565,000 bushels. Late cables stated that the Liverpool market had weakened at the finish, while some advices credited the bulge there as due to an advance In freight rates. Broomhall reported less favorable European crop reDorts the poor outlook In France being confirmed, and said that the continential demand is broadening. Seaboard advices were not very encouraging, however, and export sales were reported as 300.000 bushels. of which 100,000 bushels were American wheat. Primary receipts continued liberal. Metal Prices. NEW YORK, July 5.-The Metal Exchange quotes lead. 6.00c asked. Spelter-ull; sp t, fiasi. St. Louis delivery. W%c asked. At Lon-don-Lead, £38; spelter. £46. Copper—Dull, electrolytic, nearby, nominal; September and later. 36.00029 00c Iron-Steady. N., 1 northern. *30.fi0®21.»: No. * M.56: No. 1 southern, $90.2605*.75: No. -. $19 75® W.S. Metal Exchange quote* tin quiet: spot offered at 39.50. At London: Spot copper m 10*; futures. £94 19*; electrolytic. £131 lOe; spot lea. £172 or; futures, U72 Da,
Alaska Gold.. 18% 18% 16% Am. B. Sugar 89% 93% 89% Am. Can 52% 53% 52% Am. C. & F... 64 54% 53%
Am. Ice Secur. 28% Am. Linseed... 19% Am. Loco 68% Am. Smelting.. 95
Am. T. and T.128% Anaconda .... 83% 83% 82% A., T. & S. Fe.105% 105% 106% 106%
A. ,T.&S.Fe pf 99 Baldwin Loco. 72% B. & 0 90% B. & O. pf.... 76% B. F. Goodrich. 75% Butte & Sup... 68 Can. Pacific 182 Cent. Leather. 56% C. & 0 63%
Chic. & N. W..130
C., M. & St. P ..98% 99% 98%
C., R. I. & P... 22% 23% 22% Chino Copper . 50% r '"’ /
C. F. & 1 42 Consol. Gas ..135% Conun. Can... 100% Oru. Steel 72% Dis. Sec 44%
Dome Mines... 26% Erie 36% 37% 36% 36% 36% Erie 1st Ffd.-~ 52% 53% 52% 53 52% F. Woolworth 134% 136% 134% 136% 134% Gen. Elec 169% .... Gt North Ore. 34% :. 35% 34% Gt North Pfd. 120% 120% 120% 120% 120%
Granby Con ... 87
Storm of Sunday Did Some Damage —Yield Not Up to Normal. Wheat harvest in Marion county has begun. Following the heavy storm Sunday, W’hich blew down some of the standing grain, the farmers generally got Into their fields. They found the wheat not so badly damaged as might have been anticipated, but here and there where the stand was heavy, wheat, oats and timothy were blown over. For the most part wheat In central Indiana is not heavy, and Marion county farmers report some thin fields with short heads to the wheat. There are other fields that are better than they expected. Some Warren township farmers anticipate an average of twenty bushels to the acre. .
DEPARTMENT MAKES PUBLIC RETURNS FOR THE YEAR.
INDIANA TOTAL, $814,207.98
183% 181% 181% 180% 66% 56% 56% 56%
63% 63% 63%
99
22% 60%
50%42%
50%
42
72%
44
101
73% 44%
63
129% 98% 22% 50%
42
134 100
50% 50% 48% 47% 49% 48% ‘Ri% ’79 57 56
26% 93%
103%
35% 106*' 58%
48% 47*
26
92%
44% 50%
48
26% 60%
49
80% 80%
57 26
92%
99% 102 35% 35%
Greene-Can
Har Corp ....... 82 Tnsplr Cop 50 Int. Nick. ctf. 48 K. C. South... 26% K. C. Sou. pfd. 60 Kenn. Cop 49 Lehigh Val. .. 79% Maxwell M 80 Maxwel 2d pfd. 56% Mer. Mar. ctfs. 26 M. M. pfd ctf. 93% Mexican Pet...100 Miami Copper. 35%r M. .St.P. & S.M.127 National Lead. 66% N. Y. Central. 105% Nor. & West..1317s North. Pacific. 113% Penna. R. R... 58% Pitts. Coal. ... 29 P. Steel Car... 4? Ry. Steel S .3% Ray. Consol. .. 22% Reading 9874 Republic Steel 45% Sears-Roeb’k. lbs So. Pacific 98% Southein Ry... 25 So. Ry pfd... 71 Studebaker .. .135 Texas Pacific...194 Union Pacific.. 139%
United Fruit...159% 161% 159 160% U. S. In. Alco.130% 131% 128% 130% 129» U. 8. Rubber.. 5474 •;;; 54%
99
46%
191
136%
198 140
49* 79%
79
52%
26
92% 98%
- Jar
128% 126%
105% 10574 105% 131% 131% 131%
113% 11374 58 58%
28% 47%
44
22% 98% 45%
97%
45
188
113%
58
46% 21% 98%
45
189% 188 98% 98% 24% 25 69% 70% 136% 134 195 192
134 194
139% 139% 139
u: I.* #t5 ee pfd:i5?% S iS m% m% TT*„h C'r.rx'nar 78V, 79-\. 78t4 78% 78
417b ■
%
54% 86%
Utah Copper.. 78% Va Car Chem. 41 Wabash 14% Wab pfd A.... 52% Wab pfd B..... 28% West Un Tel.. 94 Willys-Over ... 71%
14% 52% 28%
78% i4% 52% 28%
73% 7i%
14% 52% 28%
95
72%
14%
52
28% 72“
u. S. Government Bonds in New York. [By Thomson A McKinnon’s Wire)
-July 5-
U. 8. 2s registered .. U. S. 2s coupon U. 8. 3s registered ... U. 8. 3s coupon U. 8. 4s registered ... U. S. 4s coupon ...... Panama 2s registered Panama 3s registered Panama 3s coupon ...
Bid. Ask. 98% 99%
98% 100 100 109% 110 98 100 lOO
Indianapolis Clearings.
Clearings
July 5, ’16. ...$2,600,137 19
July 7. ’15. $1.5©. 124 51
The Money Market NEW YORK. July 6.—Mercantile paper. 3%® 3% per cent. Sterling, sixty-day bills. $4.72; demand $4.75%: cables. $4,76 7-16. Francs, demand! *5.91; cables. $5.90%. Marks, demand, 73Hc; cables, 78%c. Kronen, demand. 12%c; cables. 13%c. Guilders, demand. 41*c; cables. 41 ; tic Lire, demand, $6.38%; cables, $6.3i%. Rubles, demand. 31c; cables. 31%c. Bnr silver. 63%e Mexican dollars. 49%c. Government bonds steady Railroad bonds firm. Time loans strong; sixty and ninety days, 3%®3% per cent.; six months, 4©4ii. per cent. Cal money strong; high 4% per cent. low. 3% per cent.: ruling rate, 4 per cent.; last loan, 3% per cent.; closing bid. 3% P*r cent.; offered at 4 per cent. PARIS. July 6.—Trading was active on the Bourse todav. Rentes. © franca 10 centimes. Exchange on London, 28 francs 16 centimes. Five per cent, loan, 80 francs 60 centimes. LONDON. July 5.—Bar silver, 30%d per ounce. Money. 4 per cent.; discount rates, short bills, 5 per cent.: three months, 6% per cent. London Stocks Less Active. LONDON, July 5.—Money was in better supply and discount rates were steady today. While the undertone of the stock market was quite good, activity lessened In several directions and a slight easing occurred, notably in gilt-edge securities and rubber shares. Home rails continued to advance owing to the shortness of stocks. Shipping and Industrial shares were the most active issues. American securities, in the absence of a lead from New York, barely moved until near the close, when the list hardened and finished firm. Chicago Potato Prices. CHICAGO, July 5. —Potato**—Lower; new, receipt*. X car*; Arkansaa and Oklahoma, sacked Triumph*. 9Oc®$1.10; Virgin* Cobblers, ©1003.35. Illinois and Ohio, aacked, 90c®$l.00; old, 75®90c; receipts, 8 cars. Leather Goode. [Shoemaker** Supplies) Oa<i sales. 44047c: bemlock, 42®43c; oak beads. WQ65c; hemlock beads. 52955c
The Indianapolis News Burean. 33 Wyatt Building WASHINGTON, July 5.—Corporations paying the federal income tax In the fiscal year just ended, covering the period of the calendar yeaF 1915, had ap aggre gate net income of $5,690,994,178 In that year. This fact was disclosed when the treasury department today made public the tax returns for the year just closed In the various internal revenue districts. The total Income tax collected from corporations for the fiscal year ended June 30, 1916, was $56,909,941.78 and the total income tax collected In the same period from individuals was $67,957,488.50, making a total collection from both sourebs—corporations and individuals—of $124,867,430.28. Pay on Their Net Income. The corporations pay the normal tax rate of 1 per cent, on their net Income. As the corporation tax paid by them on such net income was $56,909,941.78. it is apparent that the net income of the corporations paying the tax in the year was not less than $5,690,994,178. The aggregate income on which the individual tax was paid has not been announced, but since the normal tax is 1 per cent, on net incomes. It is apparent that individuals paying the tax had a net income larger than $6,795,748,850, and that the net income of both individuals and corporations paying the tax was something greater than $12,486,743,028 in 1915. This is the minimum net value of the business of the country covered by the tax as uncovered by the brief announcement of collections made by the treasury department today, One-Fifth From New York. The figures show that one-fifth of the corporation tax was paid by the First and Second New York districts, embracing New York city, and that more than onethird of the individual income was paid by residents of these two districts. These two districts paid more than $12,000,000 of the corporation income, and more than $125,000,000 of the individual income tax, an aggregate of more than $37,000,000, which means that the net income on which the tax was paid in the New York districts was more than a minimum of $3,700,000,000. Indiana’s contribution to the corporation tax for the last year was $814,207.98, and the individual income tax collected in the state for the year aggregated $410,316.06.
DOWN ON THE FARM
EVANSVILLE—Farmere in the Ohio river bottoms say that the stand of com is the best In their remembrance for this time of the year. This will offset the deficiency In the wheat crop which was unusually light in this section of the state this year. BEDFORD—Isaiah Foster, cantaloupe and watermelon grower, reports that both these crops will be short. He says the long-con-tinued cold weather and the heavy rains in the early season gave the bugs such a start that they almost devoured the vines in the Buddha district. PERU—The wheat harvest in Miami county will be begun next week. The acreage Is considerably under what it was last year owing to the hard winter weather. Clover suffered from the same cause consequently the oats and com acreage Is much' Increased over that of 1915. Wheat generally Is heavy with little rust Or fly in It. EVANSVILLE—Efforts will be made to ascertain the cause of the poor showing of the wheat crop through questions that are being sent out by Dillon 8. Myer, county agricultural agent. He says there is 50 to W per cent, of a normal yield In Vanderburg county. The quality Is fine. The prospects for a bumper corn crop are good. There has been about an average acreage of oats sown and the crop looks good. Fruit will not yield as heavy as expected. There is a good crop of blackberries and potatoes look fine. HIGHER FOR COTTON BUYERS.
Liverpool Taking October Deliveries— Shorts Cover and Bulls Support. NEW YORK, July 6.—The cotton market opened steady today, at a decline of 6 points to an advance of 1 point, near months being easier, In response to the decline In Liverpool over the local holiday. Prospects pointed to rains In the eastern belt, however, while houses with Liverpool connections were fairly active buyers of October, and the market soon firmed up on covering or a renewal of bull support. July advanced from 12.72c to 12.88c, or about 9 points above the closing figures of Monday, while October sold up to 13.02, and December to 13.19c. or 6 to 7 points net higher. Private cables said the Liverpool market had been unfavorably affected by bulls reselling, and reported a bearish local sentiment, which was attributed to freer offerings of spots. Spot houses here were moderate buyers. Reports that storm warnings had been Issued for the coast, from New Orleans to Pensacola, and that the wind had risen to a velocity of about eighty miles an hour at the latter point, were fallowed by an increasingly active demand In the cotton market toward midday which sent prices about 16 to 18 points above last night’s closing figures, with October selling at 13.18c and Decemb^ at 13.30c. Demand tapered off around this level, but offerings remained small and the market was steady during the early afternoon, within a point or two of th*' best. There were slight reactions early in the afternoon, but offerings were very well taken on dips of 4 or 6 points, and the market showed continued steadiness around 2 o’clock on reports that private rain news was beginning to come In from the eastern belt, and further covering. October contract# sold at 13.16c and December at 13.33c or 20 to 21 polnu net higher. Spot quiet; middling uplands, IS.06c; no sales. New York Cotton Futures. [By Thomson * McKinnon’s Wire) —July 5—
July ...... August .. October .. December January . March ... May
Open. 12.72
High.
Low.
Clone. 12.©
12.98
12.72
12.88
13.07
12.82
12.96
12.93
13.16
12.93
13 06
13.14
13.34
13.13
13.22
13.19
13.38
13.17
1328
13.36
13.53
1334
13.45
13.56
13.59’
13.48
13 «0»
♦Bid.
Liverpool Cotton Easy.
LIVERPOOL. July 5.—Cotton—Spot, easy; Good, middling. Slid; middling, 7.95d; low middling. 7.79d. Sales. 6,000 bale*; for speculation and export. 500. Receipts. 200 bales. Futures very steady. July, 7.83%d; July and August. 7.83d; August and September. 7.80%d; September and October. 7.78d: October and November, 7.72d; November and December, 7.69d; December and January, 7 *7d; January and February, 7.65%d; February and March, 7.66d; March and April. 7.65d; April and May, 7.64d; May and June, 7.*$%d; June and July. 7.*2<L Sugar and Molasaea. (Sugar pricea are ttvs American Sugar Refining Company's, subject, to 2 per cent, discount tor cash. Freight to Indianapolis. 23c a hundred pounds. > NEW YORK, July 5.-Sugar-Refined, steady; powdered, .7.75c; standard fine granulated. 7.66c. Molftsee#—Steady; New Orleans, open kettle. 40050c. Raw tiugar—Steady; centrifugal, 6.40c; molasses. 5.63c. Sugar futures opened quiet and at noon prices showed little change from Saturday's closing There was no feature to the late trading, and the market closed quiet and unchanged to 2 points lower. Sale*. 2.600 tons: September, 3.41c; December. 5.06c. January. 4.77c. Dry Good*. [Indianapolis Wholesale Prices] BLEACHED COTTON - Androscoggin, » Inches. 9c: Lonsdale cambrics. I2%e; PepperelL forty-fire Inch*#. 18c; First Call, thirty trxhes. 6c; Dwight Anchor, thirty-#!* Inch*#. Uc; Diamond Field, thirty-six inches, *%c; Hope, bleached. Sc; Cabot, thirty-six inches. 8c; Peppered. $-4. »c; Sea Island. No. $, thirty-
Safe Bonds | J For July Investment Nontaxable Indiana Bonds j
Yielding 3.80% Amount. Description.
$48,000 Hammond 4% School.. 22,000 Brazil 4% School 9,500 East Chicago 4^1% Sch 6,000 Goshen 4% Refunding
Tax Exempt Township School Bonds Yielding 3.80% $24,900 Huntington Co., Warren Twp $830 1917-1930 13,750 Miami Co., Deer Creek Tp. $500 and 250 1917-1924 11.000 Miami Co., Allen Twp 500 1917-1928 6,500 Sullivan Co., Gill Twp 500 1924-1928 15,900 Sullivan Co., Jefferson Tp..$500 and 400 1924-1930 20.000 Wabash Co., Lagro T>p 666.66 1917-1931 Tax Exempt Gravel Road Bonds ' Yielding 4% $100,000 Various counties $100 to $1,000, 1 to 10 years
Denomination.
Matwrltla*.
.$500 and $200
1917-1919
500
1922-1935
»1 500
1924.
500
1921-1924
1923-1928
1929-1932
General Market Bonds
Ylel* A boat
$20,000 N. Y.-4y 4 % Corporate Stock.$l,000 Apr., 1966 4.10%
15.000 Sapulpa, Okla., 5% Water
Works $1,000 Jan., 1930
10.000 Lufkin, Tex., 5% Street fm-
provement 500 Sept, 1954
10,000 Lavaca Co., Tex., 5% Road
District 1,000 May, 1955
5,000 Jackson Co., Texas, 5%
Drainage 1,000 1929-1930
4%% 4%* 4%%
5%
Canadian Provincial and Municipal Bonds $ 9,000 Saskatoon, Sask., 5% Debentures $1,000 July, 1934 5%% 22.000 Edmonton, Alberta, 6s .... 1,000 Jan., 1921 5#% 16.000 Prince Albert, Sask., 5s .... 1,000 Jan., 1939 5fi% 25.000 Prov. of Saskatchewan 5s.. 1,000 1921-1926 5>4% 25,000 Prov. of Alberta 4Vi% Debentures $500 and 1,000 Feb., 1924 5% 25,000 Prov. of Quebec 5% 1,000 June, 1926 4.90% 25,000 Prov. of British Columbia 4 , /i% Debentures 1,000 May, 1941 5^% Corporation Bonds We have to offer limited amounts of the following issues and will buy or sell at the market. Broad Ripple Traction Co. 5s $1,000 Jan., 1933 5.20% Southern Ind. Power Co. 6a.. 500 Jan., 1931 6% New Telephone Co. lat 5s.. 1,000 June, 1918 5% Indianapolis Gas Co. 1st 5s. .*** 1,000 Oct., 1952 5.20% Denver Gas and Electric Light Co. 5s 1,000 May, 1951 5Vi% Citizens Street Ry. 1st 5s.. 1,000 May, 1933 5% Citizens Gas Co. 1st and Refunding 5s $500 and 1,000 July, 1942 3*/$% Our July Circular, giving complete descriptions of these and many other desirable issues, will be sent promptly on request. Orders May Be Telephoned or Wired at Our Expense The Fletcher American National Bank WILL H. WADE, Manager Bond Department Capital and Surplus, $3,000,000 Both Phones 4
CURB STOCKS
are very active—some are highly speculative. Unusual opportunities are offered for making money if knowledge and judgment are used. We will execute your orders thru the Curb Market and charge regular commission. We handle your business at same cost as if you placed your orders with New York Curb houses. On most of the stock* we loan a part of the market value. Get our tree service—it means more than circulars
FARM LOANS
CITY LOANS
THOS. C. DAY A CO. 709.735 FLETCHER 8AYINCS END TRUST BUI LOINS
Money to Loan on Mortgages THE UNION TRUST COMPANY 120 BAST MARKET STREET.
*
Money to Loan f™< Mortgages Public Savings Insurance Co.
147 BAST MARKET STREET
Renfrew, fancy, 8%c. TICKING—Portland XXX, Uc; Cordla A E, 16c; Conestoga B F, 17c; Hamilton, 12%o; Oakland, No. 300. 8%c; Lenox fancy book fold. 10c; Thorndyke. 6%c; Brtdeaburg. 17%c; Warren No. 226. 16%c. _ , _ BROWN COTTON—Atlantic A. 8* Inches. *e: Atlantic F. 36 Inches. 8%e; Atlantic D N inches, 7%c; Atlantic P. « inch##, 6%c; Pepperell. 0-4. 26c; Pepperell. 10-4, 28c; Utica, 0-4, 30c; Utica, 10-4, 32c; Armory shirting*, M Inches, 7%c; Comet, 16 inches, <%c; Constitution. 5* Inches, 6%c; Buck's Head. © Inches, 7%c; Monument R., 7%c; Statue of Ll'erty, © Inchee, 7%c. COTTON DUCK—Taltahaase*. 7 ooncre. © inches, 10%c; 8 ounces, li%c; Lonsdale. U ounce*. 36 Inches, X6%c; Champion, 8 ounce* 12%c, Ontario, 12 ounce#, »%* n SHIRTINGS, CHUCKS AND CHEVIOTS— Everett chambray etrlp#*, 0%c; Rockland. 8%c; Saxony, 8%o; Yukon. *%c. COLORED CAMBRIC—Edward, 7c; Slater, 7c; Geneeae*. 7c; Concordia. 6%c; Warren, 6%e. PRINTS—American black and while, 6%o; American gray, »%c; American Indigo, 6%c; American Calcutta, *%c; American shirting. 6%c; prints, gray, black, white, garnet, indlg$ shepherd plaids anti plain black*. *%c: Slmpeoc Berlin solids, 6%c: oil finish. 7%c; Columbia prints, grey, black, whit*, garnet, la dlgo, madras, 6%c.
i**% Pm* LINSEED OIL PAINT Ready «• ase. a* *LU pee Bay direct fawn the Marion Paint Co. *•0 heath Meridian SC Seeead Door Soath Ualoa Depot.
Crude Oil Pride*.
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