Indianapolis News, Indianapolis, Marion County, 11 April 1916 — Page 21

'fm

THE INDIANAPOLIS NEWS, TUESDAY, APRIL 11, 1916.

KSW TO STRONG;': TOP PRK UP 5 CENTS

STOCK WEIGHING 160 POUNDS UP S SELLS AT $9.Z5 TO $9.80.

bull*. rS5«5.SO; heifers. tSOOflC OO; cow*. IT.<KV0fS Calvee-Receipt*. 91 head; best ; veals. 11*ht calvea hard to dispose of ' Sheep and lamb*-Receipt* light; best lamb*. «Vfc011e: butcher lamb*. 7®9c. culls. 5®7c; best ] fat sheep, •VUSfTtie; bucks around 4c. Good

< demand for choice lamb*

j L.AFA YETTE. Ind . April ll.-Cattl^-Be»» heavy shipping cattle. I,**) to 1.S09 pounds. I 9.00; common to medium ateers, SO*) to I 1,160 pound*' calve*. S7.SOI&A.00. Hog* {--225 pound* and up, Sv.70Sf-9.7S, ISO to 225 ’ pound*. S6 #l>#9.70; Ho to TOO pound*. S9.4;>®9.Sa. I 130 to HO pounds. S» 0otr9.30; 130 pound* down SS.00yS.»0; rough. 08.1069.35. Sheep—Choice to fat ewe*. S7.256S 00. qominon to fair, St.SOS

<50; lamb*. I0.00610.00.

BCKFALO, April 11.—<'attl<*-Recelpt*. TV-, active. Veal*—Receipt*. 3c<j. active and steady. S4 00® 11.26. Hog*—Receipt*, S.500; fairly r’

TENOtNCY IN CATTLE STRONG

Indianapolis receipts 4.500 hogn. S00 cattle, 3«0 calves and 1>« sheep, agairntt 3.ZI9 hogs. 679 cattle. 216 calves and H*7 sheep a week ago and 7.400 hogs. *00 cattle* 282 calves and 67 sheep a year ago. More than 1,000 more hogs arrived than Monday, hut with satisfactory conditions prices were steady to strong. The demand from outside sources was only fair, but local buyers were active In the field. I he good hogs, weighing 140 pounds up sold at I>.?5@t».&0, and the top was 5c higher at ll.tf. Underweight stock was not in demand. and 200 or 300 were unsold.

Repre*entative Sales.

* ai «. ........ im 8 SOj n 1M s «0j 70 1*4 2 Si'S:::::::: m

Ar. Uk. Pr-lHog*.

too 113

Dk Pr. "•IS

24 122 ”! 8 75! « 1** 4 442 ... SS*\ «*

ft:::::::: S ::: -ff IS*!aS-:fc::::|» g 42 ........ 149 ... 9 60! 19 2*> ... ®

24 343 9 s&

I Although cattle prices were_ generally unchanged, the tendency was strong and In certain lines of steers an app ^® 11 ^ weakness Monday wag overcome. A class of rows selling under 16.00 were Weak compared with last Friday s prices, but other killing cattle, and e«]W£ a »ythe good to choice kinds of steers, heifers and cows, brought strong prices. Bulls were steady and veal calves gold strom.. The stocker and feeder trade was without notable change, the demand being largely from professional traders, but there was a little country InquiiT, and

prices In all cases were steady. * Repreaentativa Sale*. Av. Pr.fCattle. Av. Pr. 4*M7» 2 cow* I* 1 MW 745 7 M 2 cows 90*i 5 2j

7 75* 2 cows.

4 cow* 2 cows. 3 cows. 6 cows.

stag)

-Receipts, 1.000; active and steady; f9.0O4fl2.tt: yearling*. K 50® 10.75. weth-

Jq®*J4; #e

ewes, »4.0>®S«{»; sheep mixed,

April

lambs—Recelj

lambs.

er». f9.00®0 #8.75(8-9 25.

KANSAS CITY. April tl.—Hogs-Recelpts. II.000; higher; bulk, fi* »®9.60; heavy. *9 40® 9.65; packer* and butchers, S9.30®9.60; light, .9.20®#.45; pig". $T.75®8 E Cattle—Receipt*. 7,500; steady. Sheep—Receipts, 5,006; strong to 10c higher, lambs. *tl.00®11.75; yearlings, *9.50 ®10 25 wether*. #S.5«)®9.25; ewe*. *8.00®8.« CLEVELAND. April ll.-Hogs-Recelpu 2,0C0; market weak; Sc off; Yorker*. *#.S0; pigs, #8.50; mixed and Ughta. ## *>; medium and heavies, *#.80; rough, *8.85; stags. *7.25. Cattle—Receipts 3 cars; market steady. Sheep and lambs-Re-ceipts 3 car*; market steady. Calves—Receipts

300; market steady; top, HO.50.

PITTSBURG. April U.-Hogs-Receipts. 2,000, steady; heavlea and heavy Yorkers, #9 95®10.00; light Yorkers. *9 26® 9.60; pigs. *8 7S®9 00. Sheep and lambs- Receipts, J.OOO; steady; top sheep. 17 #<>■ top lambs, *10.00; 10c higher. Calves—Receipt*. 200; 23c higher; top, *11.00. CINCINNATI. April XI.-Hogs-Receipts. J.7C#; clow, packers and butchers *,9.79®!3.00; common to choice. *«.25©9.#0; stags, *< i«)®7.00. Cattle—Receipts. 100; steady. Calves—Strong. (5.00® 10.75. Sheep—Receipts. 100. steady.

Cam bs—Steady.

ST. LOIT8, April ll.-Hog#-Recelpt*. i#,(iofl. higher; pigs and light*, |#.25®'9.70; mixed and butcher*. 9«.S04i9.80: good heavy, *9 754M.80. Cattle—Recelpta, (.300; steady. Sheep-Receipts,

1,600; steady.

COLUMBUS, O., April 11 -Hogs-Receipts light; market active; heavle* and mediums, *8.90®*.#6. Yorkers. 19 80®9 tt; lights, *9.00® 4.40; pigs, *8.00®8.60.

THE FEATURE OF STOCKS

ON COMMISSION ROW

RUMORS REGARDING DISAPPOINTING MARCH EARNINGS.

OTHER SHARES IRREGULAR

Liverpool Grain Prices

SS IS I.04W a*’ §01 S 25

1,017 6 2 cows 1,186 *.V> 1 cow 925 8 56 1 cow.... 1,094 8 65 1 hull..., 922 8 TRi 1 bull...*..

1,024 8 *>! 1 bull. 1.M6 9 OOl 1 bull......

758 6 25 2 bulls 730 4 75 1 bull 620 7 00! 1 ball 710 7 » ! calves... #05 7 40 3 calves..'. 600 7 50] 3 calves... 813 7 75l 3 calves... 7*6 6 0OI 6 calves... 686 8 25( 2 calves... 993 8 25111 calve*... #{7 * 35i 4 calves... 876 #60 11 calves... 716 8 65 6 calves .. §20 R 75! 6 calve*... 720 9 00! 6 ralvea..

330, 5 50 1.080 6 65 1,110 « « 983 8 60 1.1.U 7 00 1.070 7 » 1.490 7 60 1,550 8 S 450 ■ 5 60 l.OoO 6 00 1,#)0 6 40 2,380 7 00 1,640 7 25 1,020 T 35 1.7*7 r* 220 6110 100 7 00 140 - 7 50 166 7 60 110 7 60 100 R SO 1*0 S 00 117 9 00 133 9 26 >61 9 M 150 9 76 138 9 n

•Cattle.

4 steers 2 steers.,... 2 steers,..,.

SI steers..,..

1 steers..... • steers,..-., 6 steer*.....

17 ateers,.... > IU ateer*;.... %' . fl steer*—. 10 steer*....} 11 »te«rs..... 16 steer* 18 rteer*

3 heifer*..., 6 heifers ... 2 heifer* ... 3 heifer*....

10 heifer*....

8 heifer* ... 3 heifer*....

JO heifer* ...

< heifers — 8 heifer#.... t heifers 4 heifer*.... heifer#.... 5 heifer* .

^i§48|l!p8i.■ • - m « 4 cow* «*o 4 25 3 calve* 140 10 00 • cow* 366 4 40 3 calve* 1M !<• 00 There were no aheen In the email receipts of live mutton stock and a range in prices was not established by actual •ales. Lambs sold at MOOisjTl.OO. with no top kinds here, and dipped lambs sold at 19.25. ail being steady, considering quality

Cattls.

■TEEHP— Good to choice steer*. 1,300 lb*. 1. and upward |8 75® 9 50 Common to medium steers, 1,300 lb* 8 16® I 80 Good to choice steer#, 1,150 to 1.150 lb*. 8 85® 8 33 Common to medium steers, 1,150 r 10 1,25# lb*. I 00® 8 35 Good to chctes steer#, #00 to 1,100 lb# ! 7 75® 8 25 Common to medium steers, 900 to UOO lb# « 75® 7 TS Good to choice yearling* ........... 8 35® » 00 HEIFERS AND COWS- . ^ Good to choice heifer# 8 00® 9 00 Fair to Choice heifer* 7 00® 7 75 Common to choice heifer* ..... # 00® 6 75 Good to choice cow* 4 i-‘® 7 75 Fair to medium cow* * a® « 25 tfCanner# and cutter# 3 !*•« 6 4K> Hulls and calvesGood to prime export bulla « 75® 7 56 Good to choice butcher bull* < 66® * 26 Common to fair bulla * *0® 6 ** Common to beet veal calves 6 SOffnO 0# Common to be*t heavy calve* 4 00® 3 50 Stockers and fwedino cattlbGood to choice steer*. 100 lb*, and Upward 7 25® « 00 Common to fair steer#, 700 lb#., and upward # 25® 7 35 Good to choh e eteere, under 700 Ibe. 7 35® 7 86 Common to fair steer#, under 790 lbs. 5 50® 7 25 Medium to good heifers 5 ior* 6 25 Medium to good feeding cows 4 50® 6 60 Stock calve*. 200 to 400 lb* 7 50® I 50

Hogs,

Beet heavlea 200 lb*, and upward... *9 75®9 65 Medium and mixed, 110 lb*, and upward igr GAol to choice light*. 180 to 180 lb*.... 9 71 ~ Common to good lights. 130 to 169 lbs. 9 Roughs 8 Eight MgS 6 Buiy of satee of good hog*..., 9 Sheep and Lambs.

Good to choice sheep $ 7 i Common to medium sheep 4 Good to choice yearling* s Common to medium yearlings • Good to best lamb* 10 Common to medium lamb* ......... « Bucks, per 1#0 lb*. 6

Chicago Live Stock.

CHICAGO, April 11.—Hogs—Recelpta 18.000;

5!».rb.“vr^AS;-

pl*#. 17.#0® 1,10. Cattle—Rtcetpts, 4,000; steady; nattv# beef steers. |7.»Q®».96; stocker* and feeder* $6.95®*.56; cow* and heifer*. #4.00®# (M; calve*. 9#M®#.50. Sheep—Receipt*. 15.000; steady. Wether*. >7.00®9.a5; lamb#. 87.60®11.70.

Otnsr Live t>tuck Markets.

.KTANBVILLB, Ind., April 11.—Good to choice •blpping steer*. 8.0®* SO; good i<> choirs buicher steers, |7.54K(8.on, medium to good. *6 76 ®..25; common, #6.00®#.60; good co choice butcher heifer#, J7.60®6.00, sruod to choke butcher cow#, * 50®*.Ti>' medlhm to good, (5.50 S^.OO; good caan«r*. 34.Vitr4.S6; common. 33.5o® 4.25; good to choice butcher bull#. #8.S*#jr7.<»; good milch cowj. 910 00075.00. Calve*-Steady: heel talvea, I?.*#®#.!#!; medium* to good. |6.«)*|. *.60; common. *4.eo®5.«t. Hoge-lOc hinter;

Pig*.

84.00416.60; market tTosing steady lambs -Steady, best -iambs. 39.1*)^

Sheep end 10.00; medium

MO pounds and up. »S.fo; 130 to 160 pound*. iS.Mheavy pigs. W0 to ISO pound*. |7«>®7 35; light pigs. 8«.00®< V' down; rough sow*. OH.-.-S; stag*,

MUMte' ady. She

00*10.00;

to good. |7.0«f8.M; comnmn. fc.iv>ai«.wi; t>e*t a®eep. $6.00®#.5«; medium to good, 14.9006,00;

oommon, 93.«0®3.60.

LOUISVILLE. April 11.-Hog* Receipt*. 1416; oholce hogs ruled 10c higher; best corn hogs, M5 pound* and up. 39.00; 120 pounds to 165 pound*. 83.00; pig*. t«.85®7.#0; rough*. 8*.ai down. Cattlo—'Boeetpt*, 81 head; steer*, tt #75,®

;

Conservative Investment Securities —We buy and sell highgrade investment bonds; the yield ranges from 3.70% to 6%. Descriptions will he sent promptly on request. Both phones No. 4. e Fletcher American National Bank

LIVERPOOL. April 11.-Wheat-Spot No. 1 Manitoba, 13* 7d; No. t. no stocks; No. 2 red western winter, 11* 9d; No. 2 hard winter, gulf, 11# 3d. Corn—Spot, American mixed, new, 10# 8d.

Indianapolis Cash Grain. -April u - Wheat—Steady. No. 2 red, through billed, track. ll.20Vi.ei.2m. April. |1.2Q. milling, *1.20; extra No. 3 rod. through billed, track, *1.20<5> 1,21. April. (1.20: No. 3 red, through billed, track, fl-lM4®l-'IH. April. 81.1^4. Corn—Steady; No. 4 white. 74ij®75l4c; No. 4 yellow, 74V4®7SV#c; No. 4 mixed, 74®76V»<Oata—Steaay; No. 2 white. 45®4r.>^c: slander* white, 4444®4514c; No. S white. 44*Mi45e; No. 4 white, 43\®44>*c: No 2 mixed. 44®42>ic; No 3 mixed. 4<kj04)c: No. 4 mixed. Mfr-WUc. Jlay—Stcatly; No'. 1 timothy, (17.00^17.50; No. 2 timothy. (16.00® 16.50; light clover mixed, #16.00«(l«.5fl: No.' 1 clover mixed, I15.50tftl6.00; Nc. 1 clover, nominal. —Inapectlons— Wheat—No. 2 red, 2 cars; sample, 4 cars; total, 6 cars. Com—No. 4 white, 8 cars; No. 6 white, 2 car*; No. 4 yellow, 5 cars; No. 5 yellow. 2 car#; No. f. yellow, 3 ear*; No. 4 mixed, 2 cars: No. 5 mixed. 1 car; sample mixed. 1 car; total, 22 cars. Date—No. 3 white, 1 car; No. 4 white, 4 car*; sample mlxjd. 3 car*; total. 8 car*. Mav—No 2 timothy, 3 car#; No. 3 timothy. 1 car; total. 4 car*. Prices at the Hay Market. —April 11— The following are the Indianapolis prices for hay and grain by the wagon load: Hay—Loose timothy, $18.00; baled. 114.75® 1«.00; clover, looee, $10.00®12.00; baled, (10 00® 12.50 ton. Corn—75®78c. Oala—43<S46c a buahel; sheaves. $8 00®10.00 a ton. Straw-Wheat. $6.50®6.60 a ton; oata, $8 00® 8.60 a ton.

87% 1*7% 97%

128% 128%

.... 49% 49% 86% 86% 87% 105% 105% 107% 95% m 96%

53% 53%

.... 66%

44% 44%

.... 20

92% 92%

216 216

44% 20% 92% 215

WILL H. WADE, Manager BOND DKPARTMKNT Capital and Surplus, $3,000,000

Wheat Prices at tha Mills. -April 11The local flour mill# are paying (1.00®!.18 for winter wheat delivered at the mills by wagon. Grain Markets. CINCINNATI. April ll.—Grain: Wheat-No. 2 red. $1.2;.®!.3*. Corn-No. 3 wliite. 77®78c: No 3 mixed, 77®78c; No. 3 yellow. 77®78c; No. 4 yellow, 74®77c; No. 4 white. 76®77o; No. 4 mixed, 74®77c: while ear. 754176c; yellow ear. T#^75c: mixed ear. 74®76c Oat*—No. 2 white, fcOfrnlc; No. 8 white, 46‘*4M7%c.; No. 2 mixed. 46®««e; No. 3 mixed. *4®45c. Hey—No. 1 ilmoiby. 3n.5(#2r.ee; Xe. 1 clover, mixed. 81$ 00; No. 1 clover, $13.96. EVANSVILLE, led . April 11 -Local dealer# are offering the following prices: Wheat—At RvanavlUe, 31 13 a bushel; at station. 11.16. Oorn—No. 2, SB%e a buahed. Oats—No. 3 white. 4*’ec; Nofl 3 mixed, 43%c Hay—No. 2 clover. $10.Wi a ton; No. 2 timothy, baled, $14,#0; loose timothy (12.00. MINNEAPOLIS, April U —Wheat -May, |1 20%; July, $l.a%®1.30%; Na 1 hard, $1.24%; No. I northern. $1.22%®1.24% No. 2 northern, $1.20%®!.22%. Corn-No. 3 yellow, 74%#75%c. Oats—No. 3 white, 42®q2%c. Flour—Unchanged; •hlpmcnt#, 61,895 barrels. Bran-$18.25®19.00. T. LOUIS. April H —Wheat—No. 2 red, W; No 8 hard nominal; May. $1.15%; July, l'.13%. Corn-No. 2. 7!i%c; No. 2 white, 75%c; May. 78%c; July. 74%®74%c. Oata—No. 2. 4.1c; No. 2 White nominal; May, 43%c; July. 41 •. KANSAS CITY. April H.-WheatNo 2 hard. 8UM1.20; No. 2 red. 31.15®1.20. CornNo. 2 mixed, 70670%; No. 2 white. 70®7O‘4r; No. t yellow, 73c; Date-No. 2 white. 47®48c, No 2 mixed. 416410 LAKAYETTB. Ind.. April 11.—Cash grain: Wheat-No. 2. 310 ; No. 3. *100. Com-April delivery, *}e. Rye- No 2. 82c; No. i, 79c. Oat* —Whit*. No. 4, 38c. mixed. Me. WINNIPEG. April 11.—Wheat- May, $1.16%; July, $1.1«% Re. elpt* 847 car*, -compared with 441 a year ago. NEW YORK. April H.-Flour-Steady. Pork —Steady. Beef—Steady. Lard-Steady. Hay -Firm. DULUTH. April ll.-Wheat-May. $120%; July. «.»%. Chemical and Ordnance Stock Bids. Chemical Stocks—American Cyanamld, 48; By-Producta Coke, 160; Davison Chemical, 60; Dow Chemical, 360; Dow Chemical preferred. 100; Electro Bleaching, 200: Federal Chemical, 84; Freeport Texas Sulphur, 400; Ora sec 111 Chemical, ex dividend 5 per cent, 240; Harrison Broa., 100; Harrison Broa. preferred, 96 Hooker Electro Chemical. 45; Hooker Ele<tro Chemical preferred. 85; MatheWon Alkali, 60; Merrtmac Chemical. 136; Michigan Limestone and Chemical, 23; Michigan Limestone and Chemical preferred; 24; H. K. Mu l ford Company, 96- Mutual Chemical, 150; Niagara Alkali preferred, 97; Penn. Salt Manufacturing Obmpany, 100; Rollln Chemical. 90; Semet Solvay Company (new). 296; Smith Chemical, 225; Solvay Procesa, 325; Standard Chemical, 90; Union Sulphur, 8000; United Dyewood, 35: United Dyewood preferred, 65. Ordnance Stock#—Aetna Explosives common (new). 21; Aetna Explosives preferred, 80; American Brass. 370; American & British Mfg. Co. common, 13; American A British Mfg. Co. preferred, 50; Atlas Powder common. 230; Atlas Powder preferred. 10.>; Babcock & Wilcox, ex dividend. 120, E. W. Bits# common, ex dividend, 405; E. \V. Bliss preferred. 75; Canada Foundries and Forgings, 170; Canadian Car and Foundry' common 64; Canadian Car and Foundry preferred. 83; Canadian Explosives common. SCO; Canadian Explosives preferred, 100; Carbon Steel common. 73; Carhon Steel first preferred, 75; Carbon Steel second preferred. 55- Colts Arms, ex dividend. 775: Crocker-Wheeler common, 100; Joseph Dixon Crucible, 240; Drlggs-Seabury. 136; DuPont Powder common (new), 340; DuPont Powder debenture 6 per cent, preferred. 106; Electric Boat common. 350; Electric Boat preferred. ex dividend. 350; Hercules Powder common, 370; Hercules Powder preferred 116; Hopklns-Allen common, 40; HopkinsAlien preferred. 78: International Arms. 14: Lake Torpedo Boat. 9; Midvale Steel and Ordnance, 65; Nilee-Bement-Pond common. 170: .NUea-Bement-Pond preferred. 100; Suhfnarine Boat, ex dividend, 86: Scovlll Mfg- Co, 560; Winchester Repeating Anna 1930. Sugar and Molasses. (Sugar prices are the American Sugar Refining Company's, subject to 2 per cent, discount for cash Freight to Indianapolis, 25c a hundred pound*. NEW YORK. April 11—Sugar-Rsflned. firm; powdered, T.lOc; standard granulated. 7 00c. Molasses-Firm. New Orleans, open kettle, 40fi&V. Raw sugar Arm; centrifugal, 5.96c; raolaw**, 5.19c. Future* opened firm on telling be trade Interest*. end at noon were a point above yesterday's dosing later trading wa# ouiet. and price* moved Irregularly. The clot-ng waa steady J points higher to » lower. Sales. 12.150 tons. May, 5.09c; July. 609c: September, (tec. Big Loan to China. PEKING. China. April H.-Lee HlggtnstoR A Co., of Boston, signed a contract todav for a $a\OPO.OOO Industrial loan to the Chinese government, and paid 11.000.000. The loan was placed at 97 at 6 per cent The Industries to be developed are the security. - To Observe Eastsr Holiday. LIVERPOOL. April tt—The provisions exchange here will be closed April 2% 22 and 24. Easter holidays.

24% 23% 24 23% 77% 77% 77% 77%

A S * He 102% 102% 101% 101% 1021# ASA- Re pfd..H2% Am. Steel F.. 62% 52% Am Sug Re...110% 111 110% no% Am. T. & T...128%

Am. Woolen.. 49% Anaconda .... 87% Bald. Loco. ... 106% Butte Sup 97% Cen. Loathe*-, gj Chino Copper. 55% Col. F. & I.... 44% Corn Products. 29% Cru. Steel 94% •Cuban Sug ...219 Dis Sec Corp.. 48 Gen Elec 167% Greene Can ... 48% Goodrich 80 Guggen 22 Int Nkk ctfs.. 50% Inspir Cop 47% Konnecott 57% l^ick Steel .... 75% Maxwell Mo... 73% Max. M. 2d pf 67 Mer. Mar. ctfs. 21% Mex. Petrol... Ill Miami Copper. 38% Nat. Enamel.. 25 Nat. Lead 67% Nevada Cop... 17% N. Y. Air B..144 Pits. Coal com. 26% Ry. Steel S 39 Ray Con. Cop. 24 Rep. I. & S. ..61 Sears-Roebk.. 178 Sloss-Sheff. ... 55 Studebaker ...142% Tex. Oil 198 Tenn. Cop 62% U. Fruit J48 Utah Cop 83% U. S. I. Alco...163% U. S. Rub 63% U. S. Steel .... 85

Reports bearing on the international situation exercised their usual adverse Influence over today’s dull and circumscribed market. NEW YORK. April 11—The only exception to the general firmness of today's opening was New Haven, which declined a point. Most other issues, active and otherwise, were fractionally higher, while Crucible Steel led the war group with an advance of 1%. United States Steel opened with a sale of 1.500 shares at a slight gain over yesterday's close. Copper# and metal issues as a whole seemed disposed to make favorable response to remarkable trade conditions, but marines were relatively quiet. Trading became light and tentative after the first offerings, prices showing more irregularity. Has Unsettling Effect. New Haven continued to decline, falling 2% to 60% on active dealings and unsettled prices elsewhere. The stock's heaviness was accompanied by rumors of disappointing March earnings. There were recessions of 1 to 3 points in Marines, Goodrich, Petroleums and Industrial Alcohol common and preferred. New York. Chicago & St. IajuIs second preferred broke 6% to 50. These were partly counterbalanced by the strength of Crucible, Cuban-American Sugar and United States Smelting, the latter making a new record at 76%. Trading dwindled later, the market coming to a standstill at noon. Bonds were Irregular. Canadians displaying strength, with further pressure against Anglo-French 5s. Reaches New High Mark. Trading became more lethargic in the afternoon, leading stocks tending toward lower levels, while some obscure Issues advanced. Ingersoll-Rand was conspicuous In the latter class, rising 25, to the new record of 300. Prices yielded again Jn the final hour, the decline being simultaneous with disturbing advices from Washington. The closing was irregular.

Although the waeon i» 'Ate for grapefruit and •upplles are not a* large a* thoae of some time ago, *ome of the ftne»t quality fruit cf the season I# offered on Commlasion row Fancy atorg 1* offered up at S3 50 a box. but moat of the good grapefruit 1# to be had at $3.25, with much under that level. Only one car of *irawbemea arrived for the Tu»*dav trading, coming from Louisiana. They are offered at $4 M a crate of quart* for the beat, with *ome down to $3.50. Offering* in pint boxes are email. Asparagus la Belling lower than recently, due to increased receipt#, which are from California. Pennsylvania and Georgia- It is quoted at $3,50 a crate of one dozen bunche# compared with $4.09 heretofore. Beet* and carrot* are In no larger supply and are holding up well at the level of 50 cents a dozen bunchea. Rhubard, home-grown. I* more plentiful, although offering* are more largely of the smaller stalk*, and I* eolllng lower at 20c to 30c a dozen bunchea. Tomatoes of good quality are *tlH scarce and the top price lor the beat ha* been advanced again to $3.90 a crate of six basket*. Some are offered down to $2.75. Rome of the flneat home-grown cauliflower ever in the market i# offered at $3 a dozen head*. Five or alx car* of orange* were In the new receipt#. They were about evenly divided between seedlings and Mediterranean *weet*. Price# are unchanged.

Fruits and Vegetablea. [Wholesale Selling Prices] Apple*—Indiana. Mtsaouri and Illinois, barrel; Jonathan, $2.50®4.00; Winesap, $3.0U®4.00; Northern Spy. [email protected]; Black Twig. $2.75® 3.00; Greening, 33.00; Hubardaon's Nonesuch, $2.00®2.50; Ben Davis, $l.00®1.60; Stark. $2.75 ®3.25. Banana#—75c#$2.50 a bunch, according to size. Orapefriut—Florida, $2 50®3.50, according to

•ize.

Lemon#—California. $3.00®3.50 a box; Italian.

$2.75®3.25.

Lime#—$1.00 a hundred.

•ranges-Florida. $2.75®3.75 a box; California nls t*!> 5* *0O>iv] lincrfl *3 !>& * Mfcditerr&-

BRADSTREETS VISIBLE.

[Special to The Indianapolis New#] NEW YORK. April 11—The world # total visible supply of wheat ag estimated by Bradstreet is 239.283,000 bushel*, compared with 32,155.000 a year ago; corn, United States and Canada, 29,900.000, compared with 32.155.000 a year ago; oats. United States and Canada. 36,982,000, compared with 35,473,000 a year ago. Changes for the week; Wheat increased 1.477,000; corn decreased 831,000; oats decreased 86$000.

High Price for Heifers

[By Thom»on & McKinnon'# Wire]

Industrials—

Alaska Gold... 20% Allia Clml 29% A.-C. pfd 77 Am. B. Sugar.. 72% Am. Can com.. 61% Am. Can pfd...lll% Ann C. and F. 68% Am. Ice Sec .. 28 Am. Linseed.. 23% Am. Loco 77%

Open- High- Low- Clo#e Close ing. est. cat. Apr.ll Apr.10

20% 19%

68% 68%

20 28%

20% 29 77% 72% 61%

47% 67% 74% 57%

24%

142% 148% 83% 85%

167“

167%

167

...;

49%

48%

78%

79%

21%

22%

49%

46%

67%

73“

77 74

16%

66%

67%

20%

100%

21% 110%

....

38%

• •••

21%

25%

66%

67%

• •..

17%

....

145

24"

24“

39“ 24%

....

61%

51%

....

64%

179

64%

lilSt

141%

142

....

197

199

U.’ S. Steel pT 117% .... Vo. Chem 44% 44 W. Union 90% .... 89% W’house Elec.. 65% 66% 63% 64 Wlllys-Over. ...233

Railroads—

A., T .A S. Fe.J03% 103% 103% 103% Atlantic C. L..109%

C. A Ohio 62

C.. M. A St. P. 94% Colo. So 27

«1% 94%

Erie 36% Eric 1st pfd. .. 61% Erie 2d pfd. .. 43% Gt. North 120% Gt. North. Ore. 43% K. C. Southern 26 Lehigh Valley. 77% L. A N 125 M. . K. AT... 3% Mo. Pacific .... 4% New Haven ... 62 N. Y. Central..103 Norfolk A W.. 122%

North. Pac. ..112% 112% Pennsylvania . 67 57

Reading 85% ■ C.. R. 7. & P.. 19% South. Pac. .. 97% South. Railway 20% South. Ry. pfd. 58 Union Pacific. 132% Wabash pfd.. 45%

Tractions—

Inter-Met. ..... 17% Inter-Met. pfd 74% Third Ave. ... 61%

62% 147% 82%

■st

117% £!i

235

103%

109%

62% 94%

36% 51%

120% 43%

36% 36% 3C% 51% 43 120 43% 43% 43% ~ *%

125% 12i" 125% 126%

4% 4% ’4% 60% 61% 63 102% 102% 103 122% 122% 122%

103%

85% 19%

17% 74%

112

56% 84% 18%

17% 74%

122% 112% 67 56% 85 85% 18% 19%

97% 20%

68% 59 132% 133% 45% 46% 17% 17% 74% 74% .... 62%

U. 8. Government Bonds in New York. [By Thomson & McKinnon's Wire] —April 11.— .

U. 8. t# ragtatered U. 8. 2s coupon U. 8. .1# registered U. 8. 3# coupon D. 8. 4* registered U. 8. 4# coupon Panama 2a registered (1938)... Panama 3# registered Panama 3s coupon

Bid. A*k. 99% 100% 99% ... 101% 102% 110% ... 111% ... 99% ... 102% ...- 103% ...

Indianapolis Clearings.

Clearings

April 11. '14. April 13. '15. 11,833.201.84 tt.432.209.48

The Money Market. - NEW YORK. April 11—Mercantile paper 3® 3^ per cent. Sterling #lxty-day bllla. $4.72%: demand. $4 74 7-16; cable*. $4.77. Franc*, demand, $6.03%: cable#. $6 02%. Mark*, demand. 72%c; cables. 72%c. Kronen, demand. ]2%c: cable*. I2%c. Guilders, demand, 4t%c; cable*. 42%c. Urea, demand. $4.56; cables. $6.54. Ruths, demand. Sl%c; cable*. 31%c. Bar •liver, 62%c. Mexican dollar#. 48%e. Government bond* steady. Railroad bond# irregular Time loan* firmer; sixty days. 24, per cent.; ninety day*. 2\ per cent.: alx month*. 3 per cent. Call money Arm: high. 2 per cent.; low. ? per cent.; ruling rate. 2 per cent.; laet loan, S per cent.: closing bid, 2 |>er cent., offered at 2 per cent. PARIS. April It—Trading was actlve-on the Bourse today Rente#. 42 franc# 40 centimes exchange on London, 23 franca 74 centimes. 5 per cent. loan. 88 francs 15 centimes. LONDON. April 11—Bar silver, 29 l?-l*d an ounce. Money. 4®4% per cent. Discount rates; Short bill# and three month*. 4H&4% per cent.

MONEY IN MODERATE DEMAND.

Discount Rates Quiet at London— Stocks Have Good Tone. LONDON. April 11—Money waa In moderate demand and discount rates were quiet today. The French Exchange situation was easier, probably on reports that arrangements are progressing In an attempt to relieve New York-Paria rates. The stock market maintained a good tone, but business was lighter except In a few instances. Rubber and meat shares and foreign bonds were the only active spots, while iron, steel and shell oil shares were firm American securities were neglected and the other sections dull. Oil Runt and Shipments. LIMA. O.. April 11 -Rune; April \ Buckeye pipeline*, none; Indiana pipeline*. t.flK barrel*. Total runs for the month to date, all llel-la. S77,2S. 1 barrel*. Average dally run*. 75,452 barrel*. Shipment*: April 6. Buckeye and Indiana pipelines. none. Total shipment* foe the month to date, all neld*. 384,434 barrel#. Average daily shipments, 4S.104 barrels.

tvels. $2.753.75; 'seedlings. $3.25;

san Sweet#, $3.25.

Pineapple*—Porto Rico. $4.50 crate.

Strawberries-lajuisiana. $1.60®3 00 a crate of

24 pint"; $3.50®4.50 a crate of 24 quart* Artichoke#—California. $1.60®2.00 a dozen.

Asparagus—Georgia, Pennsylvania and Cali-

fornia. $3 50 4 crate of twelve bunche#.

Beana—Green: Florida, $3.00®4.50 a bushel

hamper of 50 pounds.

Beet#—Home-grown, 50c a dozen bunchea. Bruaaela Sprout#—Florida, 25c a pound. Cabbage—Holland seed, 1%®1%c a pound;

£23.00 a ton.

Carrot*—Florida. 50c a dozen bunche*. Cauliflower—California, $2.50 a crate of 12

head*.

Celery - —Florida, $2.50 a crate of about five dozen stalk*; 75c a dozen stalks. Celery Cabbage—Florida, $3.00 a crate of two

dozen.

Cucumber#—Illinois and Ohio hothouse, $1.75 a dozen. Kggplant—Florida. $3.00 a crate of three

dozen.

Endives—French, 50c a pound. Garlic—20c a pound. Kale—Louisville, $1.50 a barrel. Lettuce—Leaf, hothouse. 13c a pound: head California Iceberg, extra fancy, $4 50 a crate of four dozen; Texas, $1.75 a hamper of about 60 pound#. Onions—Indiana. Wlsconeln and Minnesota red, $1 [email protected] a hundred pound*; yellow, $1.50 @2.25; new. loc a dozen bunche*; Texa* Bermuda, yellow. [email protected] a crate of 50 pounds; white, $2-50. Parsley—California and Florida, 60c & dozen bunches. Par*nlp#—[email protected] a barrel. Pea*—Florida, $4.00 a bushel hamper. Pepper#—Green. 35c a basket. Potatoes—Minnesota and Wisconsin. $2.75 a 150-pound bag; Cuba, $3.50 a hamper of 60 pounds; [email protected] a barrel; second gro-vth, $3.75 a bag. $1.60 a bushel; Idaho. $1.35 a

bushel.

Radishes—Home grown, hothouse, 25c a dozen bunches; southern. l<i@15c. Rhubarb—Hotbed, home-grown, 20@30c a dozen bunches. Rutabagas—Canadian. 56c a bushel of 50

pounds.

Shallot#—Southern, 40c a dozen bunchea Spinach—Virginia, $2.25 a bushel.

Sweet Potatoes—Delaware, $1.10®!.25 a ham-

per of 40 pounds.

Tomatoes—Florida. $2.7503.00. Turnip#—$1.76 a barrel; new, Florida, 35@40c a

dozen bunches. Miscellaneous.

Beans—Navy, California, $4.30 a bushel; Michigan, $4.10 a bushel; California Limas, 6%c a pound; kidney, $5.00 a bushel; marrowfat,

($5.50 a bushel. Cider—25c a Jug.

Cocoanuts—$4.6005.50 a hundred. Hickory Nuts—$1.75 a buebel for small, 8%o

a pound.

Honey—$3.75 a case. 0 a bushel; nuts. $2.00 a dozen 14-ounce cartons. Chestnuts—12c a pound. Maple Sirup—[email protected] a jug of one gallon. Popcorn—4c a pound shelled, 3%c on the ear.

PRODUCE MARKETS

EGGS—Indlapupolls Jobbers offering country shipper# for strictly freah atock, delivered at Indianapolia. IS’jc a dozen, loss off, cases re-

turned: in new white wood cases, 20c, cases included. POULTRY'—Jobber#’ buying prices, delivery at Indianapolis: Hena. 4 pounds and up. 17c a pound; under 4 pounds, 14c; Leghorn hena, 9® 10c; roosters. 10c; stags. 9c; broiler#, 1% to 2 pounds, 36c a pound, turkeys, young. 21c; old. 19c; culls/ 12c; ducks, Pekin, 15c, Indian Runners. 12c;'geese, 10 pound# and up, 11c; aquaba, a dozen, 10 pounds up, $3.50. BUTTER—Jobbers' buying prices for country stock, delivered at Indianapolis, 23c; Jobber# selling creamery extras In prints, SSc; In tuba,

S7c.

CREAM—Indianapolis buyer# paying 36cc a pound for butter fat, delivered. CHEESE—Jobber*’ price*: Imported Bwls*. 41c. Roquefort. : .4@56c; domestic Swlas, 32034.;; New York full new cream, 21c; Wisconsin cream, zie; Long Horns, 21c; domestic llmburger. I»c; brick. 20c; Neufchatel, Eagle brand, large box, $1.00; email, 60c. NEW YORK, April U.-Buttor-Flrm; receipt*. 10,283; creamery extras (92 score) 364c; creamery (higher scoring), 37@37%c. Eggs— Firm; receipts 39 986; firsts, 21%®22%c. Cheese —Inegular; recelpta. 2,276. Poultry—Live, uncertain; no price# settled; dressed, strong; chicken*. 17®30c; fowls. 16@20c; turkey*. 28®

SSc.

EVANSVILLE, Ind.. April ll.-Butter-Fancy country, 25c a pound; packing atock, 20c. Eggs —Freah, 17c a dozen. Poultry—Hena. 14c a pound; ducks, 13c; old roosters, 7c; hen turkey*. 14c; old turkeys, 12c; geese, 10@llc. LAFAYETTE,, Ind.. April 11.—Butter-Pack-ing stock, delivery hete, 18c a pound. Local Jobber# paying for egg*. 17c; spring chicken*. 13c; hena. 13c; old toms. 12c; old hen turkey#, 14c; ducka. 12c: geese. He. CHICAGO, April H.-Butter-Unchanged. Eggs—Receipts 48.432 cases; unchanged. Poul-try-Alive, uncjiangled. ST. LOUIS, April It—Poultry—Unchanged except chicken*. 15c. Butter-Creamety unchanged. Egga-COc. KANSAS CITY. April ll.-Butter, eggs and poultry—Unchanged. Builders' Supplier [Dealers* Selling Prlcoa] LUMBER—Pine, 2x4-lnch. 12, 14 and 16 feet. $27 00: 18 and 20 ft]? $29.00; 2x6, 12, 14 and 16 ft., $25.00; IS and 20 ft.. $26.00 ; 2x8, 12, 14 and 18 ft $27.*J0: 18 and 20 fe>et. (iS.OO: 2x10, 12. 14 and 16 ft., $27.00; ISjand 20 ft,; 2x12, 12. 14 and 16 ft.. $26.00. 18 and 20 ft. $2900. YELLOW PINE BOARDS—828—1x4. No. 1 common, $28.00: No. 2 common. $24.00; 1x6, No. 1 common, $30 00: No. 2 common. $27.00: 1x8 and 10. No. 1 common. $32.00; No. 2 common. $28.00; 1x12. No. 1 common. $35.00; No. 2 coraDK ItP* SID IN G. YT. P.—1x6 clear, $35.00; No. 1 common, $30.00: No. 2 common. $26.00; 1x8. No. 1 common. $30.00; No. 2 common. $27.00. BEVEL SIDING — 6-tnch redwood, clear. $27.00; aelect. $24.00; 6-inch cypreaa. clear. $30.00; 8-inch cypred#. bungalow. $35.00. fc-tnch cypress, bungs low, $35.00, YELLOW PINE FLOORING — Four-inch clear $34.00; No. 1 common. $30.00; No. 2 common. $24.00: 6-inch. No. 1 common. $30.00; No. 2 common. $27.00. SHINGLES—Washington cedar: clear. 5-2, $4.00; extra A. 6-2, *3.50; flniah, %-lnch cypreaa. $52.00; yellow pine. $42.00. LATH—Cypreaa. 32-lnch, No. 1, $2.50. cypreaa, 48-inch. No. 1. I6.50. LIME- A buahel. 25c. , _ PLASTER—Three F. $3.75 a barrel. Newark. $2.75 a barrel. ^ ^ „ PLASTERING HAIR—A buahel. 25c. MORTAR COLOR-A pound, red. l%c; black, extra strength. $c; chocolate, 2c. CEMENT—Loulavllle. 75c a barrel; aacka, *0c; American Portland. $1.80. SAND—White, $5.00 a -ton; Michigan, $3.00 a ^BUILDING BRICK — Common, [email protected]; building. $12.0r B 16.00. preaaed, $14.00024.00. FIRE BRICK—A thousand. $20 000 36.00. FLUE LINING—A Joint. 20c®$1.00. SEWER PIPE—A dlacount of 66 per cent from the list price. WALL COP ING-A foot. He. 21c. 40c. FIRE CLAY—A ton. $5 40®9.00. Crude Oil Pricea. [Quoted by the Pipeline*! Pennsylvania ....,$2 601 Healdton $ m M^rccr blucK Corsicana, light 1 65 Newcastle 2 h ** Ty ” i I? c^n*.;.::.'"V.v 5 1 “ North Lima J } « Wooster ^ ???!*" * v 1 16 Indiana } } 45 Princeton \ $7. 1 w> Somerset 1 l') J? ■ ■• •••• 1 » Kas. and Okla. •• 1 j*K**»« crude Plymouth ■■■I Canada 2 u Chicago Potato Price*. CHICAGO. April II.—Potatoes—Unchanged; Michigan. Wiaconatn. Minnesota and Dakota, white. 85®»c: Minnesota and Dakota Uhlos, 75@Sc. Receipts 35 car*.

The Intimation that beef cattle would be the highest this year that they have been since ''the cow jumped over the moon” is to some extent being verified by the action of the local market. A new high record was made for a drove of ten head, Tuesday, that averaged 606 pounds and brought $10,000. The highest former record for several heifers was a carload lot at $9.65. July 31, 1915, and a single heifer sold at $10.00 August 10, 1914. The shipment was brought in by Elijah Dawson, near Broad Ripple, and had been on full feed since last October. They were Hereford*, came from the Panhan- | die country of Texas and were sold to | the Crescent Packing Company, of this <

city.

COTTON WORKS HIGHER. Near-Month Offerings Well Absorbed j —Moderately Active. NEW YORK, April 11.-Some scattering , hqullation of near month# prevented a full I response to higher Liverpool cables at the | opening of the cotton market here thla morning. The near-month offering# were fairly well absorbed by trade buying, however, and after opening steady to an advance of 1 to 3 points, active month# sold about 6" potnta net higher, with May working up to 11.98c, July to 12.10c and October to 12.25c. The weather map showed higher temperatures In the south and waa conaldered more favorable, but there had been little buying on the scattering complaints of yesterday, and the improved condition# did not •eem to promote any •elling thl# morning. Business waa moderately active at I the start and there seemed to be some com- I mission house buying of new crop month#. \ Liverpool was a moderate seller of October and al#o sold January here on a considerable | scale during the Aral hour, and two or three j private cables we^e received predicting wider j difference* between the two markets. This selling checked the advance here around 15.10c. for July, and trading late In the morning was quiet with fluctuations narrow end Irregular. but with the undertone fairly steady at a net advance of 2 or 3 points. Pricea sagged off to 11.89c for May. and 12.06c for July, and 12.22c for October, or back to within a point or two of lam night s closing figures, during the middle of the after-

Trading continued quiet, and rumors

^ 1_ _ _ ell Innation. Spot c

dling uplands, I2.05e; sales, 400 bales.

of an advance In ocean freights appeared to lack confirmation. Spot cctton steady; trtid-

New York Cotton Future*. [By Thomson & McKinnon's Wire] —April 11—

May July August .. October .. December

Open. H Igh. Ixtw. Close. 11.90 11.93 11.86 11.88 12.08 12.10 12.06 12.06 1 12.13 12.16 12.13 12.13 | 12.22 12.25 12.21 12.21 12.41 12.43 12.38 12.38

January 18 45 12.48 12.44 12.45 March 12.58 12.61 12.56 12.58

Liverpool Cotton Steady. LIVERPOOL. April 11.—Cotton-Spot Steadv. good middling. 7.90d; middling. 7.662; low middling. 7.42d. Sales 7,000 bale"; for speculation and export. 1,000 bales; receipts 20,000 bales; futures very steady; April, 7.57c; April and May. 7.56c; May and June. 7.56c; June and July, 7.64c; July and August. 7.52%c; August and September. 7.46%e: September and October. 7.39%c: October and November. 7.35%c; November and December. 7 32%c; December and January, 7.30c; January’ and February. 7.28%c; February and March. 7.29%c; March and April, 7.29%c. Bull Weighed 2,380 Pounds. One of the largest bulls ever sold on the Indianapolis market was brought in by J. M. Gwlnn, of Arcadia. He is a shorthorn, weighed 2,380 pounds and brought $7.00 a hundred pounds. Allowing 40 per cent, shrinkage, the bull, if made into sausage, would produce 1.228 pounds. This is the most money brought by a single bull since June 9, 1915, when one weighing 2,340 pounds sold at *7.25, bringing $169.65. Another bull, son of the big one, weighed 1,620 pounds and sold at $7.25 a hundred. Metal Prices.

WE OFFER FOR SUBSCRIPTION The Unsold Portion Remaining In the Treasury PREFERRED STOCK Inland Coal & Mining Company CAPITALIZATION 6% cumulative preferred stock (par value $100) $150,000 Common stock (par value $100) 200,000 Non-assessable and non-taxable in Indiana. A bonus of 50$ in common stock will be given with each subscription of the first fifty thousand dollars of the preferred stock subscribed. No dividend shall be set apart or paid upon the common stock in any year until there has been set aside a sum equal to five (5) cent§ per ton on all coal sold, to be used for the redemption of the preferred stock, the corporation hereby agreeing to redeem and retire said preferred stock on or before ten (10) years. {This clause was copied prom the preferred stock certificate) The stock is preferred both as to assets and dividends. The company controls over 1,500 acres of coal land in Vigo and Clay counties, Indiana, the combined veins containing approximately twenty-one million tons of coal, and the value of the leases alone is greater than the amount of the preferred stock authorized. Besides over $100,000 has already been expended in shafts, railrbad tracks, machinery and advance royalties. The money realized from the sale of this stock is to purchase additional machinery and thus complete plans for mining coal at the minimum of cost, and for working capital. The earning ability of this property, according to statements of the officers of the company and competent mining engineers, will take care of the interest on preferred stock and the fund to be set aside for redemption of the preferred stock each year, and should show an earning of $50,000 in addition, which is equivalent to 25% on the common stock. The preferred stock dividends are payable 3% April 1st and 3% October 1st in each year, and the preferred stock is redeemable at par, plus 2% on thirty days’ notice at any dividend paying period.

President

H C. Smith has had thirty years’ experience in the coal business, twenty years as secretary of the Island Coal Company, five years as sales and traffic manager of the Vandalla Coal Company, and the past five years in assembling the properties of the Inland Coal and Mining Company. Mr. Smith has a record of having sold 2,500.000 tons of coal in a single year. A very small margin of profit on that amount of coal will pay enormous dividends.

Vice-President Wm. H. Vance was for sixteen years general coal freight agent of the Wheeling A Lake Erie railroad and general salea and traffic manager of the Wheeling & Lake Erie Railroad Coal Company. Mr. Vance had the task of distributing about 10.000,000 tons of coal annually while occupying this position.

District SupcriotendeBU S m a 11 w ood Noel and F. A. Gageby, mining engineers of many years' experience, are In charge of production and are highly competent to conduct that end of the company’s affairs.

Write, phone or wire your order for reservation of stock. Descriptive literature on request. National Underwriting Company 611-617 Occidental Building Indianapolis# Indiana

Table Glassware Advances

PITTSBURG, April ll.-The principal table glass manufacturers today announced new prices, some factories advancing certain lines 10 and 15 per cent. It was also announced that no business would be taken for delivery after June 30. 1916. at these prices. The almost prohibitive cost of potash and the steady advance of all other materials entering Into the manufacture of glassware was given as the cause of the increase. New York Dried Fruit*.

ii.

NEW YORK, April

Dull; fancy, 7>h@S%c; choice, 6%(g«%c; prime, 5%@5%c. Prunes—Steady; California, 3%c all; Oregon#, 7Wa9%c. Apricot#—Firm; choice. 10c; extra choice. 10%c; fancy. 11%®11%c. PeacheeQuiet: choice. 5®5%c; extra choice. BUfioHc; fancy. 6««%c. Raisins—Steady; looee muscatel*. €%®7%c; choice to fancy seeded, 7%®8c;

seedless 9%®10%c.

_ Evaporated apple#— choice, 5%®6%c; prime,

NEW YORK, April 11.quotes lead. 7.75®8.00c;

The Metal Exchange

HH spelter, firm: spot. East St. Lov.l" delivery, offered at 19c. At Lon-

don I-ead. (34 5s; spelter. £98 Copper—Firm; electrolytic nearby, nominally 28.50'g!29.OOc; June and later. 27.50S2S.60c. Iron —Firm and unchanged. Metal Exchange quotes tin quiet, 53.25c bid. At London: Spot Copper— £120; futures, £118; electrolytic. £135; spot ttn.

£302; futures. £199 las.

| ADDITIONAL MARKETS PAGE 22

Tecumseh Customers Back Tecumseh Coal We wanted the opinions of our customers reffardinp: Tecumseh Coal. 2,107 letters were mailed by us to get this. Of the replies 98% complimented Tecumseh souare methods of doing business—07% our guaranteed weights—89% our low prices—77% the splendid quality and preparation of Tecumseh. The best endorsement Tecumseh Coal could get is the praise of its users.

Tecumseh

In Carload Lots-F. 0. B. Mines During April Only

PER TON

During April the price of Tecumseh 6-inch domestic lump, 3x1 % -inch domestic ntlt and 6x3-inch domestic egg is down to $1.50 per ton. If a Carload Is Too Much Organize a Tecumseh Coal Club Hundreds of families are doing that every year. It mean# the saving of about half the usual coal expense. Our mines near Vincennes, Ind., are close at hand, the freight rate is low Write u# today for additional information and the strong Tecumseh guarantee that protects you absolutely. Address

Martin-Howe Coal Co. MIXERS AND SHIPPERS W. H. Howe. President. David Ingle, Vice-President. Job Freeman, Vice-President. J. H. Coulter. Sec.-Treas.

1901 McCormick Bldg., Chicago. Long Distance Phone, Harrison 1191.

—open accounts vs. acceptances or notes

To manufacturers and wholesalers worth SfO,000to S1M>,000.

The Federal Reserve Banking System recognizes the necessity of elastic capital by advocating the closing of open accounts into acceptances. You are expected to sell or diocount theoe notes or drafts; why not just sell your ofien accounts to us, saving annoyance to valued customers and delay in obtaining acceptances ? The

result is the same.

The practice of realising cash for customers' notes is old—that of selling open accounts is comparatively new, and its rapid growth indicates merit, as is proven by the fact that within four years our business has grown to over $20,000,000 annually (March alone was $3,203,652.93). Three-fourths comes from concerns rated $35,000 to $1,000,000. We charge only 1 /30 of 1 % per day on the net face of accounts {/% a month figured to the exact day) if you sell us $100,000 of accounts within 12 months, otherwise, there is an additional charge of $5 a $1000. 1100,000 of accounts amafinf 15 day# coat* $ 100.

100,000 ’’ “

JO “

“ 1000.

100,000 "

4$ “

“ UOO.

100,000 ’• ••

”

60 “

“ 2060.

and so on—no commission, no interest, no exchange. We will pay you about 80% for all or part of your active accounts, and the balance as each account is collected for us by you. With this cash you could pay your creditors quicker than otherwise ; they could pay their creditors quicker, and so on. Shouldn’t all buy to better advantage and be benefited ? Write us or our nearest representative for detail folder "Our Answers to Your Questions.”

(Commercial Credit Company Cosh Capital $1,500,000 Surplus $150,000 Non-Notification Commercial Bankers BALTIMORE Represented at New York, 200 Fifth Ave.; Philadelphia, Stock Exchange Bldg.; Boston, 50 Congress Street; Cincinnati, Greenwood Bldg.; Chicago, Otis Bldg.; Atlanta, Healey Bldg.; St. Louis, 624 Boatmens Bank Bldg.

PUTTING OFF Of all putter-offs, the man who delays providing for his wife and children is the worst of all. He can put off lots of things and only suffer the consequences himself—but when he neglects his wife and babies, that is practically criminal. Don’t be a putter-off—you need a savings account. Safeguard your family. WE PAY 4 PER CEKT. O.V SAVINGS. MEYER-KISER BANK 137 E. Washington St.

Money to Loan on Mortgage JHrtrlpr mb (Uruat (Cnmpanq

Money to Loan on Mortgages State Life Insurance Co.

MONEY TO LOAN o» rmrr moktuauk •% INTEREST. FIDELITY TRUST CO. 14V K. MAHKJBT ST.

ADVERTISING In The Indianapolis News is Aiibve*tment vor ”