Indianapolis News, Indianapolis, Marion County, 21 December 1916 — Page 21
THE INDIANAPOLIS NEWS, WEDNESDAY, DECEMBER 20, 1916.
IE
New York Stock Prices
[By Thomson * McKinnon’« Wlr»j
WAR GROUP MAKES GROSS R CESSIONS OF 5 TO 18 POINTS.
LOWEST IN CLOSING TRADE
mi 30*4
Further extreme uneettlement wa« nvanifeeted today, stocks of the war group recording gross declines of 6 to IS points, ■
with heavy liquidation in shipping issues, i Am. W
Total sales approximated 1.800,000 shares. NEW YORK, December 20.—Normal conditions prevailed at today’s opening, the market showing a tendency to recover lost ground. Trading was moderately active, United States Steel being the only conspicuous exception, on an offering of 18,000 shares at a fractional advance, this
soon being increased to a point Munitions and equipments also made
Open- High- Low- Close Close !ng est. est. Dec.20 Dec IS
AlliS'Chal Mfg if* - 2«4 27* Allls-Chal pfd 88* 88% K7 87
Alaska Gold. Am. Beet Bug.
Am. Can 80* Am. Car & F.. 60% Am. H. & 14 Am. H. A L. pf 63 Am. Ice Secur. 31* Am. Cot. OU.. 51* Am. Linseed.. 20 Am. Loeomo.. 80 Am. Smelting 107* Am. Smelt pfd.lH*
Am. Steel Fdy 82* ....
Am. Sugar ’...U2
Am. T. & T- .128* 128*
Am. Tobacco.. 216
Am. Wool 47* Am. Wool pfd. 95* Am. W. P. pfd 46* 47 45* Anaconda 87* 87* 84*
Am. Ztnp & L. 46
69* 31* 20"
66* Si 30* 50* 19*
76
106* 110
106*
116
128* 126* 1254
#
of weakneas. Marine preferred breaking 5 points. Befors the end of the first half hour pressure provoked general irreguiarIty, United States Stesl reacting almost 2 points, with unsettlement in other active •tocJu. Activity In Petroleums. Renewal of professional pressure, mainly directed against shipping issues, resulted in a general reaction during the first hour. Marines made gross recessions of 4 to 6 points, with 8 for Atlantic, Gulf A West Indies. Selling soon spread to the general group, rails alone remaining strong. United States Steel fell 2* points, with 2 to 3 point declines in Crucible Steel, Industrial Alcohol, Central Leather and other speculative shares. Recoveries of 1 to S point* before midday were well maintained, wth sudden activity at substantial advances In petroleums. International bonds were irregular. Many Shares Affected. Selling of the weaker Issues of the forenoon was resumed after midday, Steel. Leather, Alcohol and shippings again bearing the brunt of the attack. Standard shares, including rails, also shaded appreciably. Support seemed utterly lacking in the final hour when new low records were reached all around.. Bethlehem Htegl fell 78 points to 500 on one sale. The closing was weak. The Dow-Jonea financial news ticker, in offering an explanation of the break, said the street had received confidential rer ports that the administration will address to the belligerents “some suggestions” or proposals m regard to peace In the near future. r LONDON STOCKS FEATURELESS.
69*
26*
93* 67*
93* 38*
27
Although Lloyd George’s Speech Cre-
ates Favorabla Impression.
LONDON. December 20.—Money was in increased demand. Discount rate* were quiet. Lloyd George’s speech made a favorable impression on the stock market, and brokers were much pleased, but prices seem to be little affected and there were
no fresh features. Whipping shares were! Ohio Gas 106 wesJt on the announcement of government 1 Pac. Mail 22 control. Home rails continue strong, while! Penna. R. R... IW Argentine rails, rubber shares and Grand Pitts. Coal. ... 44 Trunk issues were better. American se- P. Steel C. 78*
curlties were irregular, with United States Steel easy. The treasury department today published an additional list of Amerl. can and Canadian securities whereon a
A. T. & 8. F...106* Atlantic Gulf..121* Baldwin Loco. 66* Balt. & Ohio,.. 66 Beth. Steel 560 B. F. Goodrich. 59* Butte A Sup... 61 Chandler Mo... 104 California Pet. 26* •Call. Pet. pfd. 66 Canadian Pac.. 168 Cent. Leather.. 93* C. & Ohio 67 C. & N. W 124* Chi. G. West.. 16* Chi. G W. pfd 42* C. M. & St. P. 93* C . R. I. A P 38* Chile Copper.. 26*
Chino Copper. Colo. F. A I. Columbia Gas
••Con. Can
Corn Prod 24J Cruc. Steel ... 88% Cub. Cane Sug 63* D. A R. G. pf 43* Dist. Secur. .. 32* Dome Mines... 20* Erie 37* Erie 1st pfd ... 51* F. Woojworth.138 Gen. Electric... 171* Gt» Nor. Ore.. 39 Gt. North, pfd. 117*
Greene-Can. .. 46* Harvester Cor. 87 88* 86* BrjSWiW :::: :::: Insplr. Copper. 68% 58% 66% Inter. Consol.. 17 17* 16* Int Nickel ctf. 48* Inter. Pa*er... 48 48% 46* K. C. 8. ••••.. 26% .... ....
Kenne. Copper 47 KMly-Spfd .... 65 Lack. Steel.. 88*
Lee Tire 82 ..«« «... Lehigh Valley 80% Loose-Wilee .. 23 L. A N. ......130* Max. Motor ..60 60* 66% Max. let pfd. 72 73 71* Max. 2d pfd. .. 40* M. Mar. ctfs... 32% 33% 26* M M. pfd. ctf. 99% 99% 86
Pet. ,... 101 102* 99 ami Cop. ... 39*
M. . K. A T. .. 12* 12* 11* Me. Pac 36 Nat. En. A St. 81* .... ....
Nat. Lead 61* 61* 61
Nev. Consol. .. 28* 25% 24* N. Y. A. Br.. .162* N. Y. Cent. ...104* 106 104%
N.Y.N.H.A H.. 64* 66 64
N. AW. 137 No. Pacific ...110%
45* 95* 45* 84*
40
48* Mi 46*
CHICAGO mi PRICES CLOSE SW TO LOWER
PEACE TALK HAS A RENEWED BEARISH INFLUENCE,
CORN ALSO MOVES DOWN
105* 104* 104* 104* 105 120
65* 65 67% .... 84* 85 .... 600 672 59* 60 59* 49 49* 51*
.. 56 68* :.a a
..89% .... ' 34%
£5
39*
36 36 .... 50%
37*
.... 117*
88* 122 106
46* 82 V, 82 V, 79*
124* 15* 42* 93* 37% 26* 66* 46* 45* 24% 66* 53* 43 32
170 ' 38% % sT 123
BRADSTREET'S VISIBLE. [Special to The iDdlanapolla New*] NEW YORK. December 20.Changes for the week in the world's visible supply of grain as estimated by Bradstreet’s, are: Wheat, increased 16,727,000 bushels; oorn, increased 1,068,000 bushels; oats, increased 446,000 bushels.
Mex.
Mis
special tax will be payable if not lent or ■old under the mobilisation scheme. The list includes Canadian Pacific ordinarily. United States Treasury Statement. WASHINGTON, December 20—Tfce condition of the United States treasury at the start of business today was: Net balance in general fund, 1119,463,106. Total ordinary receipts, 18,402.708. Total ordinary payments. $3,478,«9. The deficit this fiscal year Is 3114,637,662, against a deficit of $51,108,666 last year, exclusive of Panama canal and public debt transactions. Chlpago Stocks. [By Thomson A McKinnon's Wire,
—December 20—
Name.
Booth Fisheries
Chicago Pne
neumatlc Tool Tt H
Commonwealth Edison..,.H0V* Diamond Match ...in IlUnots Brick >2 Sears-Roebuck MO Sts wart-Warner ....104 Swift A Co 147 United Paper Board .... $1
Open. High. Low. Closi
m
2$i" 229 150 7 145'
U. S. Government Bonds In New York. [By Thom eon A McKinnon's Wlrel | —December 20—
eesesseee*«■•••*•
e.ie
loot 160s
Psnerrm Panama Panama
registered, coupon...., registered coupon .. registered
coupon
as <m»> registered le registered to coupon
110
uo* • $9%
102
Indianapolis Clearings.
26*
78 62
207
207" 267' 20* 19*
60* 160 148* 148*
Ry. Steel 8 52* Ray. Con 37% Reading 108* Rap. Steel 80* Bloss-Sheffield. 66 Stuta 66* South. Pacific.. 99* Southern Ry... 84% South. Ry. pfd 71* Studebaker ....118* Tenn. Copper... 19 Texas Co . ...,20«* Texas Pacific.. 20 Third Avenue.. 49% Union Pacific... 148%
149
United Fruit...164 U. 8. I. A1CO...U1* U. S. Rubber.. 64* U. 8. Steel 112*
U. 8. 8. pfd...119 Utah Copper....KM* 105* 98* Va. Car. Ch... 44% Wabash 16% Wabash pfd. A 68% 68% 67* Wabash pfd B 32* W. Md 29* 30% 29*
•^W. U. Tel.. 99
Westlnghouse. White Motors Wlllys-Over.
54 64%
134% 136% 110% 110 110* m 102% 106% .... .... 20* 28 .... .... 56* 56* 45* 41% 41% 48% 73% 76*
63* 27%
106% 108* 77* 79%
97% 83*
ft
98* 34* 70* 113 19* 106* 20 50* 148
“ft
107?
151 151* 156 108* 108* 111* ~ 62* 65*
108 112
118% 119%
99 104
43% 15% 67% 31V 4 29*
44* 16%
58
31%
30
11.. vo
ie. 64* art 60% .... 36*
87% 36*
99% 101* 64 64* 60 49% 36% 36%
CHICAGO, December 20.—Although still unsettled by differences of opinion as to the chances of a peace conference being held, the wheat market early today had virtually returned to a normal condition. Price changes were for the most part In favor of the bears, but the swings were, as a rule, confined to ordinary limits. Sentiment In favor of lower prices seemed to be based chiefly on the hope, generally admitted to be slender, however, that a parley would be brought about by means of a formal German offer of disarmament. Opening prices, which ranged from %c lower to l*c advance, were followed by a substantial setback all around and then a moderate rally. Subsequently a sharp upturn took place owing to reports that foreign governments were buying future deliveries of wheat, and because of diminished receipts northwest and of sero weather expected in the southwest, where the winter crop has little snow protection. The advance failed to last, however, peace talk having a renewed bearish effect The close wax heavy at the aama aa yesterday’s finish to sharply lower. Com sagged early with wheat. Besides the market was bearlshly affected by reports of increasing congestion of freight facilities on western railroads. After opening unchanged to %o higher, the market suffered a general decline to well below yesterday’s finish, but afterward recovered some. Later a temporary rally ensued, duplicating the action of wheat. The close was weak at l*©l%c to l%c net decline. Oats weakened under free selling by pit tradera About the only demand was from
shorts.
Provisions were neglected. Firmness In the hog market lifted prices a trifle. [By Thomson A McKinnon's Wire]
<1 yellow, 1 car; No. S mixed, 1# cars; ear, 1 car; total, 56 can. Oata—Standard white, 1 car; No. 3 whtta, 2 cars; total, 3 cars. Hay—No. 2 timothy, 4 can; No 3 timothy. 1 car; light clover mixed, 2 cars; No. 1 clover, mixed. 1 car; No. 1 clover, 1 car; total, 9 can.
Prices at the Hay Market. —December 30— The following are th- Indianapolis prices for hay and grain by the wag' n load: tta> Loose timothy. $14 5o®15.50 a ton; mixed, tl4.00OH.5G. Corn—9Sg94c a bushel. Oats—674f60c a bushel. Straw—wheat, W.0O®S.5O a ton; oats, JS.500 9.00 a ton.
Wagon Wheat Prices. —December 20— Local mlila at elevaior# offer $1.6S a buahal for No. 2 red wheat, delivered in wagon lota.
Holly Scarce and Higher
An unuaueily good demand for holly and H the Inability of dealers on Commission row to obtain further adequate supplies have resulted In a sharp upturn in prices. The recent quotation of $4.00 a box haa been Increased to $8.09(35.50. Christmas trees also are In only moderate supply, and medium
slzee are selling as high as 40c each.
The top price for turnips has been reduced barrel at $3.00. The price is for strictly
Others of inferior grade are to
MN1YIHOUSAND HUGS PRICES DOWN 1510 30C
MOST SALES AT $10 TO $10.255.000 REMAIN IN PENS.
CATTLE STEADY TO STRONG
Wc a
good quality, be bad as low
aa $1.60 a barrel.
Tomatoes are exceedingly scarce and the price la around 27c a pound. Recent offerings were at 20c a pound. Receipts are from Terre
Haute nothouses.
Canadian rutabagas are selling generally at " Common prices heretofore were
$3.00 a barrel.
$2.76#3.00
barrel.
Garlic la offered at 15c a pound, higher than a short time ago.^ Spanish Malaga grapes ars In fairly good demand and the market holds firm at $7.60 a keg. ‘ »
WHEAT— Dec May July CORN— Dec
OATS— Dec. .. May .. July .. PORK- 1 — Dec. . Jan. . May . LARD— Dec. .. Jan. .. .May ..
Open- High- Low- _ —Closing—
est. est. Dec. 30 Dec. 19
65*
1 53
1 53
1 53
67
1 61*
1 62 1 61*
1 66* 1 64*
40
1 35
1 85* 1 36*
1 38% 1 38*
92*
89*
89V
92*
92*
90*
90*‘
92 91*
92*
90
90
91% 91*
49
£7%
47*
49
53*
61* 1
61% 61%
53f
60%
49*/
49% 49*
60* 50*
X 64* 1 40 1 39* 92* 92* 92* 92 91* 91* 48* 53* 53
..27 60 28 00 27 50 27 70 .... ..26 70 26 75 26 70 26 75 26 667 ..26 40* 28 40 26 22 26 30 26 35 ..16 46 18 50 1 8 45 16 M* 18 507 .15 87 15 92 15 82 16 87 15 87* ..15 96 18 00 15 92 15 977 15 967
15 98
RIBS— Jan. ,
May 14 10 14 10 14 05 14 07* 14 05
•Bid. fAak. tNomlnal.
18 67 13 67 13 61 13 677 13 65
14 07*
•Ex dlvldsnd, lp«r cant; **Ex dividend. 1* psr cent; •••Ex dividend, 2* per cent.
The Money Market
NEW YORK, December 20.—Mercantile pa-
per cent.; sterling, sixty-day bills,
per. 404* ♦4 71*; co
Mercantile
. L..... commercial sixty-day bills on banks. $4,71*; commercial alxty-day bills, $4.71; de mand, $4 75*; cables, $4,76 7-16. Francs, demand, 5.84*; cables, 5.83*. Marks, demand 72; cables, 72*. K ronen > demand. 12; cables, 13*. Guilders, demand. 40*; cables, 40%. Lire, demand. 6.93; cables, 691. Rubles, demand. 30; oablea, 30*. Bar silver. 76*c; Mexican dollars, 59*c. Government loans, steady;
30*.
B. Gov tisavy; t 4%@4%
*o II ■.
railroad bonds, heavy; time loans, firm; sixty
Clearing*
Dec. 20, 1918. Dec. 22, 1916. |».IM,973 80 $1,678,700 74
Bank ot Germany Statement
BERLIN (via London), Dacembar 20.-The statement of the Imperial Bank of Germany. Issued Dacsmber 15, ahowa - the following changes: Total coin and bullion increased 306,000 marks. Gold Increased 114,000 marks Treasury notes decreased 35,975.000. Notes ot other banks Increased 2,503.000. Bills discounted decreased 63,111,000. Advances Increased 1.816.000. Investments decreased 3.130,000. Other securities Increased 12.461,000. Notes In circulation increased 69,6I9.000. Deposits decreased 136,667,000. Other liabilities Increased 44.453.900. Total fold holdings. 3.618,672,000. •
and ninety days, 4*04* per cent.; six months, 404*. Call money, firm; high, 4*; low. -*• ruling rate, 4*; last loan, 4*; closing 1
4; offered at 4*.
PARIS. December 20,—Prices were firm on the Bourse today. Rentes, 60 franca, 35 esn times. Exchange on London. 27 francs, 81* eentlmse. Five per cent, loan, 88 francs, 20
centimes.
LONDON, Decembsr 10.—Bar silver, 3616-16d an ounce. Money, 4* per cent. Discount rstss, short bills, 5* to 6* per cent.; three months. 5* to 5* per cent.
Reserve Dividend of 8lx Per Cent. MINNEAPOLIS. December 20—The ninth federal reserve bank will pay its stockholders an initial dividend of 6 per cent. December $0, according to an an-
nouncement by reserve bank officials here today. The dividend will be paid for the period extending from the date of the
opening of the bank, November 16, 1914,
to July 1. 1913.
It’s the weakest spot in the machine that makes the most noise. Packard silent trucks have no chains— and waste no energy in useless noise. Ask the man who oxvns one Fisher Auto Company, 400 Motor Row Both telephones 2594, Indianapolis.
CHAINLESS TRUCKS
3
,1a “ - — Z- _ '—i — y- -■ »ii. .1. i iwn. mb ^ ._■£
Closing quotations a year ago: Wheat—December, *1.31; May, *1.22%; July, $1.13*. Corn —December, 6»*c; May, 73*c; July, 7S*c. Oats —December, 4X*c; May. 45*c. Pork—December, $16.62; January. $18.72; May, $18.77. Lard '—December. $9.55; January, $9.67; May, $10.00. Riba — December, $9.87; January, $9 85; May, $10.25. CHICAGO, DecembeT 20 —Wheat—No. 2 red, nominal; No. 6 red, nominal: No. 2 hard, nominal; No- 3 hard, $1.64%. Com—No. 2 yellow, 91*c; No. 4 yellow, nominal; No. 4 white, nominal. Oats—No. 8 white, 60*®51*c; atandard. 51@51*c. Rye—No. 2, nominal. Barley—«[email protected]. Pork—$28. 5j. Lard—$16.50016.56. Riba—$13.17013.67. - Liverpool Grain Prices. LIVERPOOL, December 20.-Wheat-Spot, No. 1 northern spring, 17s 5d; No. 2 hard winter, 16s lOd; No. 1 Manitoba, new, 17a 6d; No. 3, 16e lOd. Corn—Spot, American mixed, new, 13s lOd.
Other Grain MarketsCINCINNATI. December 20. -Wheat—No. 2 md. $1.7101.78. Corn—No. 3 white, 32*®9S*c, No. 4 white, 91092c; No. 3 white. 92*®98*c; No. 4 white, 91092c; No. 3 mixed. 92*0O3*c; No. 4 mixed, 91@92c; white ear, 91092c; yellow ear, 93095c; mixed ear, 90092c. Oats—No. 2 whits. 64 * 065c; No. 2 mixed, 63064c. Rye—No. 2, $1.3801.40. Hay—No. 1 timothy, $15.50; No. 1 clover, mixed, $15.00; No. 1 clover, $16.00. MINNEAPOLIS, December 20.—Wheat-May, »1.69%01.69*; July. $1.64*; cash, No. 1 hard. $1.69*01.79%: No. 1 northern. $l.i)6%01.69%; No. 2 northern, $1.61%01.67%. Com—No. 3 yellow, 85*©86*o. Oats—No. 3 white, 46*©46*c. Flour—unchanged. Bran—$24.00024.60. ST. LOUIS. December 20.—Wheat—No. 2 red $1.7501.80; No. 2 hard, $1.7101.77*; December, $1.63*. Corn—No. 2, 92c; No. 2 white. 93c; December, 91*c. Oats—No. 2 nominal; No. 2 white, nominal; December. 60*c. KANSAS CITY, December 20.—Cash wheat— No. 2 hard, $1.6401.72; No. 2 red. $1.6401.70. Com—No. 2 mixed, 89@90c; No. 2 white, 89© 90c; No. 2 yellow, 89©90c. Oats—No. 2 white, 64064*c; No. 2 mixed. 53053*0. NEW YORK, December 20.—Flour—Unsettled. Buckwheat flour easier, $4.3504.65 for 100 pounds. Buckwheat quiet. Pork—Steady. Hay—Quiet Beef—Steady. Lard—Easy; middle west, $16.50016.60. TOLEDO. December 20.—Wheat—Cash and December, $1.87; May, $1.71*. Corn—Cash and December, 94%c; May, 92*c. Oats—Cash and December, 52*e; May, 65c. Rye—Cash, $1.42. Hay—Unchanged. WINNIPEG, December 20.—Wheat—December, $1.63%; May, $1.69%. Receipts, 369 cars, compared with 897 a year ago. LOUISVILLE, December 20-Cash WheatNo. 2 red. $1.90; No. 3 red, $1.58. DULUTH. December 20. —Wheat—December, $1.68; May, *1.69% Primary Markets. [By Thomson A McKinnon's Wire] - —December 20—
Quotations of $3.0003.26 ar
fruit. This level Is unchanged and dealers
made for grape-
say they have excellent fruit to offer, even
at the lower price.
Fruits and Vegetables. [Wholesale Selling Prices] Apples-Barrel, Best Baldwin. $4.0004.50; Delicious, $6.00; Hubbardson, $4.50; Greenings, $3.50; Grimes Goldeir, $6.00; Jonathan. $8.00; Milan, $4.00; Rome Beauty, $4.5005.00; Vandivere Pippin, $6.50; Winesap, $4.5005.00; Wolf River, $4.50. Box, Bellflower, $1.75; Jonathan, Grimes Golden, Winesap. Spltxenberg, $2,000 2.60; Delicious and Banana, $8 00. Artlchoks—California, $1.60 a dozen. Bananas—$1.7502.50 a bunch, according to slxe, 4o a pound. Baans—Green, Florida, $3.0003.50 a bushel hamper. Bests—Home-grown, $1.0001.25 a bushel; new Louisiana, 75c dozen bunches. Brussels Sprouts—Florida, 20c a quart. Cabbage—Michigan, Hubbard seed, 4c a pound. Carrots—Home-grown, $1.00 a bushel; new Louisiana.. 46o dosen bunches. Cauliflower—Michigan, $2.2502.50; eastern.
$1.75.
Celery—Michigan, 20030c a bunch; Indiana, 10c a bunch; California, $6.60 a crate; New
York. $4.60 a crate.
Cranberries—New York, $7.5009.00 a barrel. Cucumbers—Terre Haute hothouse, $1.5001.76.
Eggplant—Virginia, $1.00 a dozen. Endlvs—Louisiana, 40045c a dozen heads
Figs—California, $1.25 a package; $1.60 for
layers.
Garlic—Louisiana, Ibc a pound. Grapes—Spanish Malaga, $7.60 a keg. Grapefruit—Florida, $3.0003.26 a box. Kals—Virginia, $1.50 a barrel. Kumqiiats—Florida, 25080c a quart.
Lemons—Callforala. 34.00 a box; Italian Veri-
tell&s. $3.50. --
Lettuce—Leaf, home-grown, hothouse, 809c a
pound; head, California, $4.00 a crate. Limes—Italian, $2.00 a hundred.
Muatarl Greens—Indiana, $100 a barrel. Onions—Indiana yellow and red, $4.25 a bag
nta yellow, $4.50; Spanish Valencia. *1.6601.75
of 100 pounds; Colorado yellow, $4.25; Cailfor"
crate
Oranges—California navel, $2.2603.26; Florida, $2.7503.00; satsuma, Texas. $4.0004.50 a box
of 200.
Parsley—Louisiana, 45c a dozen bunches. Peppers—Florida. $2.2502.60 a ciaie of six baskets. $6.00 for large crates. Pineapples—Florida, $4.00 a crate. Potatoes—Colorado and Idaho. $1.8001.90 a bushel; Wisconsin and Michigan, $1.7001.80. Radishes—Louisiana, 3oc a dozen bunches. Rutabagas-Canada, $3.00 a barrel. Shallots—Louisiana, 45c. Spinach—Virginia, $2.75 a barrel. Strawberries—Florida, 70c a quart. Sweet Potatoes—Delaware, $1 75 a bushel. Tangerines—Florida, $2.0002.25 a box. Tomatoea—Terre Haute hothouae, 27c a pound.’ Turnlpa—Indiana, $3.00 a barrel.
Miscellaneous.
$7.20 a bushel; California lima, marrowfat, $8.26 a bushel.
Beans—Navy
srrowfat,
kidney, $8.26 a bushel. Cider—30036c a gallon. Honey—New, $3.75 a case.
Popcorn—Old. 6%e a pound shelled, 3c on
the ear.
Nuts—Chestnuts, 16022c a pound; pecans, 15 ©22c; black walnuts, $1.50 a bushel; English walnuts, 20023c; Brazil. 18020c; hazelnuts, 180 20c; almonds, 18020c; hickory nuts, shellbarks, $4.00 a bushel. Rabbits—$2.25 a dozen. Decorations — Holly, loose, *5.0005 50 a box; wreaths, $1.50 a dozen; laurel and lycopodium. *1.00 a coll of twenty yards; mistletoe. 15c a pound; Christmas trees, $3.6006.00 a dozen.
PRODUCE MARKETS
Chicago
RECEIPTS. Wheat. Com. 71.000 401,000
Milwaukee
29.000
64,000
Minneapolis —
193.000 144.000
30,000
Duluth
St. Louis
77,000
64.000
Toledo
2.000
24,000
Detroit
4.000
7.000
Kansas City
120.000
45,000
Peoria
8.000
125,000
Omaha Indianapolis ...
26,000
40,000 £0,000
Oats. 296,000 47.000 25.000 37.000 54.000 6,000 8,000 19.000 66.000 14,000 6,000
Totals 674.000 850.000 565.000 Year ago 2,642.000 977.000 1,045,000
Flour. 29.000 2.000
11,000 i.odo
[Bids for eggs and butter quoted by produce divisions of the Indianapolis Board of Trade.] Eggs—Indianapolis Jobbers offering country shippers for strictly fresh stock, delivered at Indianapolis, current receipts. '41c a dozen; candled, 42c; storage eggs. Jobbers' selling prUe 34c a dozen POULTRY—Jobbers buying prices, delivery at Indianapolis: Hens, 4% pounds and up, 16c a pound, under 4* pounds. 14c; roosters, 11c; turkeys, young. 24c; old. 22c; culls. 12c, ducks, under four pounds. 14c, over four pounds, 18c; Pekin. 15c; geese, ten pounds and up. 13c: under len pounds. 12c; squabs, a dozen, ten pounds and up, $3.75; young guineas. 1% to 2 pounds, $6 50 a dozen: young, under 1* pounds. $4.60. BUTTER—Jobbers’ buying prices for country stock, delivered at Indianapolis, 27c; Jobbers selling creamery extras In prints, 4oc; In tubs,
39c
CREAM—Indianapolis buyers paying 39c a pound for butter fat, delivered at Indianapolis. CHEESE—Jobbers' prices: Roquefort, 60c; domestic Swiss, 40046c; New York full cream, 26028c; Wisconsin cream, 27©28c; Long Horns. 28c; Wisconsin llmburger, 26c; New York, 28c; brick. 28c; Neufchatel. Eagle brand, large box,
$1.40; small, 70c.
RABBITS-Drawn, $2.00. CINCINNATI. December 20.—Eggs—Prime firsts. 44c. Butter—Whole milk creajnery extras, 42*c; dairy, 33%c; packing stock. 280 29*c. Poultry—Broilers. 1* pounds and under, 16c; friers, over 1* pounds, 16c; roasting. 4 pounds and over, 16*c; fowls, 4% pounds and over 16c; fowls. 3* pounds and over. 14c; fowls, under 3* pounds, 13c; ducks. 3 pounds and over, 17c; ducks, under 3 pounds. 15c; turkeys. 24c; geese, 13@16c; roosters, ll*c. NEW YORK. December 20.-Butter-Steady; receipts, 4,361 tubs; creamery. higher than extras. 41*042c; creamery extras. 92 score. 41c. Eggs—Easier; receipts, 5.979 cases; first, 46*0 48c; refrigerator epeclal marks. 33*034c; refrigerator seconds to firsts, 31*033c. Cheese—Irregular; receipts 1,026 cases. Live poultry—Firm; no prices settled; dressed, firm; chickens. 18© 29c; fowls, I5*@23c; turkeys. 20@32c. CHICAGO, December 20. — Butter — Lower; creamery, 32%038%c. Eggs—Steady; receipts. 1,918 cases; firsts. 49041c. at mark, cases Included. 32040c. Poultry—Alive, lower; fowls,
17c; springs, 17c.
CLEVELAND, O.. December 20.-Eggs— Firsts, 43%c; poultry, fowls, heavy, 19%02Oc; springers. 19*02Oc; spring ducks, heavy
Indianapolis Receipts—Hogs, 30,000; cattle, 1,200, calves, 400; sheep, 800, against 17,789 hogs, 2,i388 cattle. 414 calves and 280 sheep a week ago, and 18,505 hogs, 1,143 cattle, 351 caives and 286 sheep a year ago. The rule of supply and demand played an Important part In the local hog market. Offerings Included 20,000 fresh hogs and 2,000 held over from Tuesday, and with a decrease in demand from outside sources prices declined l&03Oc. It was estimated that around 5,000 remained unsold. Sales ranged from $10.00 to $10.35, and the top for the day was $10.46. The hulk of the supply sold at [email protected]. Representative Sales. Hog*. Av. Dk. Pr.|Hogs. Av. Dk. Pr. 28 108 ... $ 8 751 48 190 ... $10 20 5 294 ... 9 50 123 191 ... 10 20 11 415 40 9 50 63 195 ... 10 20 4 427 80 9 60 33 200 ... 10 20 44 159 ...10 00 67 203 ... 10 20 I 79 163 ...10 00 27 212 ... 10 20 1 43 165 ... 10 Q0 64 218 ... 10 20 ; 60 175 ... 10 10 18 226 ... 10 25 I 24 179 ...10 10 32 247 ... 10 25! 34 180 ... 10 15 24 270 ... 10 3S 65 ...184 ...10 15 69 281 ... 10 40 A decrease in the marketing of cattle so far this week has been a factor in preventing any great change In prices. In the Wednesday market steers above , $9.00 and common to medium heifers were ! no more than steady, but cheaper grades I of steers, as well as the best heifers and all kinds of cows, sold strong to a little higher. Bulls were as high ae they have been at any time recently, and there was a continued strong market for good veal calves. Country demand for feeding cattle was light City buyers paid about steady prices. Representative Sales.
No.
Av.
Pr. |
No.
Av.
Pr.
steers ...
963
$7 60-2
COW*
1,046
$8 60
steer
1,060
8 36 1
cow .......
1,210
6 75
steers ...
1.080
8 50!2
cow*
1,060
7 00
steers ...
1,020
8 60! 2
cow* .
1,375
7 50
steers ...
1,196
8 76jl
bull
1,010
5 50
steers ...
1,211
9 86|l
bull ..
1,400
5 76
steers ...
1.337
9 50,1
bull ..
1,210
6 00
steers
1,128
10 00
1
bull ..
1,320
6 25
heifers ..
640
6 00
1
bull ..
1,180
6 60
heifers ..
610
6 26
1
bull ..
1,990
7 25
heifers ..
886
6 50
4
calves
76
6 00
heifers ..
660
6 75
2
calves
300
7 00
heifers ..
750
7 00
3
calves
310
7 75
heifers ..
770
7 60
2
calves
150
8 00
heifer ...
1,260
8 50
4
calves
85
8 60
heifers ..
744
9 00
2
calves
115
9 50
cows ....
766
4 60
2
calve*
100
10 00
cows ....
770
4 75
2
calves
106
10 50
cows ....
920
6 00|2
calves
170
11 00
cows ....
866
6 25
s
calves
143
11 50
cows ....
900
5 S5j2
calves
136
12 00
cows
1,015
6 60 2
calves
165
12 00
cows ....
865
6 75
2
calves
190
12 on
cows ....
1.035
6 00
2
calves
170
12 25
cows ....
960
6 25
2
calves
....
160
12 54
The supply of sheep
and lambs was no
larger than usual, and sold steady to strong. The bulk of the supply was lambs, and sold at $13.00, with others at $12.75 down to $4.00. Sheep sold at $8.00 down, and there was a good clearance.
Cattle.
STEERS— Prime corn fed zteers, 1.300 Ibz. upward $10 60012 10 Good to choice steers, 1,300 Ibz. upward 9 75010 75 Common to medium steers, 1,300 lbs. and upward 8 750 9 76 Good to choice steers, 1,150 to 1,260 lbs 9 00010 00 Common to medium steers, 1,150 to 1,260 lbs 7 500 9 00 Good to choice steers, 800 to 1,100 pounds 7 000 8 75 Common to medium steers, 800 to 1,100 Ibe 6 260 7 50 Good to choice yearlings 8 500 9 50 HEIFERS AND COWSGood to choice heifers 7 000 8 50 Fair to medium heifers 6 000 6 75 Common to fair light heifers 5 000 5 75 Good to choice cows 6 000 7 50 Fair to medium cows 5 000 5 75 Canners and cutters 4 000 5 00 BULLS AND CALVES— good to prime export bulls 6 000 7 00 Good to choice butcher bulls 6 500 6 25 Common to fair bulls ♦ 600 6 25 Common to best veal calves 7 50012 25 Common to best heavy calves 4 00010 50 STOCKERS AND FEEDING CATTLEGood to choice steers. 700 lbs. and upward 6 760 7 75 Good to choice steers under 700 lbs. 6 500 7 50 Common to fair steers 700 lbs. upward 5 500 6 75 Common to fair steers under 700 lbs 5 000 6 60 Medium to good heifers 6 000 6 00 Medium to gqpd feeding cows 4 26© 5 35 Stock calves. 360 to 400 lb* 6 50@ 8 00
Hogs.
Best heavies, 190 lbs. snd upward. ..*10 15010 40 Medium and mixed. 160 lbs. and upward ?. 10 00010 25 Good to choice lights. . 160 to 180 lbs. 10 00010 25 Common to medium lights, 120 to 160 pounds 9 26010 00 Roughs 9 000 9 60 Best pigs 8 750 9 25 Light pigs 7 00© 8 50 Bulk of sales of good hogs 10 00010 25
Sheep and Lambs.
Good to choice sheep $ 7 000 7 50 Common to- medium sh£ei> 4 000 6 75 Good to choice yearlings 7 500 8 00 Good to medium yearlings 6 600 7 25 Good to best lambs 12 00013 00 Common to medium lambs 8 00011 75 Bucks, per 100 lbs. 5 000 ff 50 Breeding ewes 6 600 7 60
Chicago Live Stock.
CHICAGO. December 20.—Hogs—Receipts. 63,000; strong, at yesterday’s finish, to 6c higher; bulk, $9.80010.15; light. $9.30010.05; mixed. $9.65010.25, heavy, $9 75010.30; rough, $9.75 09.90; pigs, $7.6009.26. Cattle-Receipts, 19,000; steady; native beef cattle, $7.00011.80; western steers, $7.00010.00; stockers and feeders. $5.0OfcS.10; cows and heifers, $3.86010.00; calves. $8.00011.60. Sheep—Receipts. 17.000, steady; wethers. $8.85 09.80: lambs. $11.00013.00.
Other Live Stock Markets.
EVANSVILLE, Ind., December 20-Cattle-Good to choice shipping steers, $7.0008.00; good to choice butcher heifers, $«.5007.25:good canners, $8.5004.00; choice milch cows, $60.00076.00. Calves—Steady; choice, $9.00010.00; medium to good, $7.0008.50; common. $4.0006.00. Hogs— 5c to 10c lower; 200 pounds and up. $10.20, 160 to 200 pounds, $9.85; 120 to 160 pounds, $9.40; heavy pigs, $8.0008 60; light pigs. $7.00 l g8.00; rough sows, $8.0008.00; stags. $6.00,07.50; market closing strong. Shep and lambs—Steady; best lambs, $9.00010.50; seconds, $7.0008.50; culls, $6.0006.00; best fat sheep, $6.0007.00: medium
to good. $4.0005.60: common, $3.0003.00.
LOUISVILLE. December 20 —Hogs—Receipts 2.087; choice, 200 pounds and up. $10.35; 155 to 200 pounds. $10.10; 120 to 165 pounds. $9 55pigs. $8.4508.90; roughs. $9.35 down. Cattle-^ Receipts, 234: steers, $5.5007.25; bulls, $5 00® 6.25; heifers, $5.0007.00; cows. $4.0006.26. Calves —Receipts, 130; best veals, $10.25010.75; others unchanged. Sheep and lambs—Receipts, light. Choice lambs. $10.50011.00; seconds. $8.5009.00; best fat sheep, $7.0007.50; bucks, $6.00 down. BUFFALO, December 20.—Cattle—Receipts 560; fairly active and steady. Veals—Receipts 100; slow, $4.60014.60. Hogs- Receipts 6.000, active; heavy and mixed, $10.65010.76; York-
110.50010.65; light Yorkers, $9.75010.25;
. , * $10,000,000
Common Stock
Jones Brothers Tea Company,Inc.
Proprietors of the
Grand Union Tea Company
Par Value of Shares #100
COLUMBIA TRUST CO
Transfer Agent
N. Y.
10( » springers, 19*02Oc; spring ducks, heavy, 230 «rs, *i0.50@l06a; light Yorker*. $9.75010.25; 1 24c; light, 18©20c; gee*e, heavy, 23024c; light, I £***• $9 [email protected]. roughs, $9.4009.60: stags, $7 50 10,000 18 »20e @8.25. Sheep and lamba—Receipts 2,800: slow.
CHASE NATIONAL BAN’S, N. Y.
Registrar
Total Capitalization , 7%CumulativePreferredStock ...Par Value $100 $4,000,000 Common Stock p a r Value $100 $10,000,000 For information regarding this issue of Common Stock and the business of the Jones Brothers Tea Company attention u directed to the letter signed by Mr. Harry L. Jones, Prssident of the Company {copies of which may be obtained from the undersigned), some of the items of which he has summarized as follows: ' I The Jo “ es Brothers Tea Company ha*, through the reinvestment of surptns AV\ U r ,neSS from an ordinal investment of less than 91,000 in 189*4 until to-day it operatev* one of tlie most complete! systems for importing, manufacturing and distributing tea, coffee and general groceries in this country. II. The Jone« Brothers Tea Company operates the largest plant In the world devoted to the business of a tea oomitany. The various manufacturing departments arc equipped with the most complete automatic machinery and include blending and packing facilities for teas, extensive laboratories for the testing of all material, two plants for roasting the Company’s brands of coffee, spice-grinding and baking powder plants, two soap factories turning out 17 brands of soap, etc. III. The Company has recently taken over the Globe Grocery Stores, Inc., which operates a chain of 60 stores in Pennsylvania and New York, and with the acquisition of the Grand Union Tea Company and Anchor Pottery Company, provided for by the issue of the $4,000,000 preferred stock, the Jones Brothers Tea Company will have in operation 356 retail stores covering practically every section of the United States. IV. The following table shows the net profits as reported by the combined companies during the past 16 years: •Average profits for 1S01-UMS inclusive $774,361.1$ 12 Months ending June 30, 1914 892,281.50 12 Months ending June 30, 1915 985,795.99 12 Months ending Jane 30, 191$ 862,308.61 •Calendar years. The business over a period of years is one of unusual stability and is particularly profitable in years of business depression as indicated by the profits for the years 1903, 1907 and 1914. In none of these three years were profits less than $800,000 and the average net profits for the three years were $928,000. V. The combined balance sheet of the fonr companies, as of Jane SO, 1916, shows a cash balance amounting to $781,000, or approximately 2 Vi times the current liabilities. The combined companies owe no money save for the current bULs and unredeemed coupons given by the Grand Union Tea Com pa iy. Against this latter item an ample reserve of $550,000 has been set up. Net current assets, as per the same balance sheet, amount to over $3,000,000. VI. Since 1$10 dividends amounting to $600,000, or 6% on the $10,000,000 common stock, have been paid each year. This is equivalent to the payment of $3.20 per share on the $10,000,000 common stock issue after allowing for 7% dividends on the new issue of preferred stock.
vn.
Application will be made to the New York Stock Exchange to list the common stock.
All legal matters are being passed upon by Messrs. Chadboume, Hunt 4* Jaeckel, Attorneys fer the Bankers, and by Maurice B. Dean, Esq., Counsel for the Company. The hooks and accounts are being verified hy Messrs. Price, Waterhouse 13 C* For the account of Merrill, Lynch & Co., 7 Wall St., New York and associates, the undersigned will receive subscriptions for the above common stock, subject to confirmation, prior sale and change in price without notice at $48 per share. FIDELITY TRUST COMPANY INDIANAPOLIS, INDIANA WliH* tb* above Uformattoa i» iwi guaranteed, it baz been obtained from loureee we believe to be reliable.
COTTON SLIGHTLY LOWER.
Fluctuations Continue Rapid and Erratic—Smaller Sales. NEW YORK. December 20.—Heavy overnight selling orders brought in by the closing break of yesterday cauaed an active and excited opening In the cotton market again. Flret prices were 4 to 42 points lower, the more active preaent crop deliveries being 12 to 26 pointa under last night’* closing figures, which carried the market Into new low ground for the movement, with January selling at 16.74c and May at 17.24c on the call. Lower cables promoted the selling, and there were rumors that southern hedging had developed on the rally of yesterday afternoon, but there was heavy covering as well as buying by trade Interests which caused sharp rallies soon after the call, with May selling up to 17.63c. Buyers were encouraged by the censu* report showing 10,845,989 bales ginned to December 13. but the rally met a good deal of cotton and the tone was extremely unsettled. Fluctuations continued to be rapid and erratic during the middle of the morning, but the volume of business gradually subsided, and the market was steadier around midday, with prices showing rallies of 20 or 25 points on covering and buying for a reaction. May contracts sold as high as 17.55c after the early break, and ruled around 17.47o shortly after midday, or about 3 points net lower. The rally carried January contracts up to 17.22c. and May, 17.64c. early In the afternoon, or about 14 to 19 points net higher, and 40 to 45 points above the early low level. This bulge attracted renewed liquidation or realizing, however, and the market broke 17 or 20 points around 2 o’clock. Spot quiet; middling uplands. 17.15c, sales, 600 bales. New York Cotton Futures. [By Thomson & McKinnon's Wire] —December 20—
FARM LOANS
■sail
CITY LOANS
THOS. C. DAY & CO. 709-715 FLETCHER SAVINGS AND TRUST BUILDING.
Money to Loan on Mortgages NO COMMISSION THE UNION TRUST CO. 120 EAST MARKET STREET
5% FIRST MORTGAGE LAND BOROS
ISSUED HY
THE INDIANA RURAL CREDIT ASSOCIATION 1214 MERCHANTS BANK BUILDING, INDIANAPOLIS MORD CARTER, Frcsldeaa.
ASK FOR CIRCULAR.
March May
July
September October
Open.
High. 17.05
Low.
Close.
.... 18.95
16.85
16 92 16.96
.... 16.80
17 25
18 74
16.99 17.00 17.24 17.26
.... 17.04
17.52
17.00
.... 17.25
17.72
17.24
17.44 17.47
.... 17*.’
17.75
17.32
17.49 17.51 •15.89
.... 15.71
15.93
15.65
16.04 15.76
20-YEAR FARM LOANS Five per cent, of principal payable each year, beginning with the sixth year. Privilege to Pay More. FARMERS TRUST CO.
Interest Rate 5%% No Commission 150 EAST MARKET STREET
LOANS
Farm and City Property
« AMERICAN MORTGAGE GUARANTEE CO.
A MORTGAGE BANK.
10 Ea*t Market Street.
Indlanapoli*.
•Bid.
New Orleans Cotton Futures. [By Thomaon & McKinnon'a Wire]
—December 20—
58.000
pats.
206,010
14.000 54.000 $.000 43.000 2,000 7.000 22.000 15.000 48.000 7.000
Flour. 17.000 40;000 viwb
1.000 8,000 6,000
SHIPMENTS.
. Wheat. Corn.
Chicago 92.000 103,000 Milwaukee 2,000 3.000 Minneapolis 58,000 31.000 Duluth 8,000 Bt. Louis 109,000 44,000 Toledo 18,000 1.000 Detroit 4.000 6,000 Kansas City 226,000 44,000 Peoria .'. 4,000 64,000 Omaha 19,000 34.000 Indianapolis 50,000
Total* 534,000 370.000 420,000 88.000 Year ago 880.000 483,000 865,000 174,000
CLEARANCES.
Dotn.
Wheat Com. Data Flour. New York 90,000 1,000 109.000 5.000 Boston ............... ...... ..... ...... 2.000 Philadelphia 17,000 Baltimore 199,000 New Orleaaa 42,000 Total* 289.000 18.000 109,000 49.000 Year ago 581,000 95,000 2,000 90.000 Indianapolis Cash Grain. —December 30-Wheat-Easier; No 2 red. through billed, track. $1-1601.M; milling. $1.86. Com-Weak; No. 3 white. 93«*4*c; No. 4 white. 93093*0; No. 3 yellow. 93094*c; No. 4 yellow. 92093*c; No. 3 mixed, 93®94*c; No. 4 Oato—Ea»ier; No. 3 white, Kl*064c; standard white. 61053*c; No. 3 white. 5O*053c, No. 2 mixed. 6O%053c; No. 2 mixed. 5O052*c. Hay—Steady; No. 1 timothy. $14.00014.50; No. timothy, $12.<8)011.50; light clover mixed. $13.00013 50: No. 1 clover mixed. $11.50013.00; No 1 clover, $13.00013 50. —Inspection*— Wheat-Extra No. 3 red. 1 car. sample, 4 cars: total. 5 ear*. Com—No. 2 white, 8 eaie; No. 3 white. 14 cars: No. 4 white. II can; No. 2 yellow, 1 car. No. $ yellow, U cars; No. 4 yellow, 1 car; No.
18020c
KANSAS CITY, December 20.—ButterCreamery, 40*c; firsts, 39c: packing, 28c. Eggs __ —F.lnta. 40c. Poultry—Hens, 16*c; roosters.
98^000 I l$*c: turkeys. 24c.
BT. LOUIS, December 20.—Poultry—Unchanged, except hens, 13014*c; ducks, 16*c.
Butter—Unchanged. Eggs—37c.
TOLEDO, December 20.—Butter—Brick creamery. 41*c. Egs—FYeah candled, 42c. ELGIN, 111., December 20.—Butter-38*c.
Chicago Potato Prices. CHICAGO. December 20.—Potatoes—Higher; receipts. 26 cars; Washington, Idaho, Colorado and Oregon white, 81.6001.75; Michigan white, $1.5001.60; Wisconsin white, $1.4001.50. Poultry—Alive. lower; fowls. 17c; springs. 17c.
All Except Rails
NEW YORK. December 20.—After a day of fitful rallies and declines stocks broke violently on the exchange here during the final trading, the losses extending to shares of all descriptions, excepting rails. The declines ranged from 5 to 15 points, with 72 points in Bethlehem Steel on a single sale. Shipping stocks were among the heaviest sufferers, with munitions and equipments recording losses almost as much United States Steel fell to its lowest level in many weeks at 107%. Midcontinent Crude Oil Up 10c. TULSA, Okla., Deceifiber 20,-The Sinci .. u.-.- vLoiinpany today an- *- av s^varoe of .lOc. making the price for roidcontinent crude $1.30 a bar.c* Y ne .-Sinclair Oil and Gas Company Is the youngest and also the largest independent corporation operating in midcontinent fields. Independent refineries believe the advance by the independnt company practically means the end of Standard Oil domination in the Oklahoma fields.
December
lambs, $8.50013.65.
CLEVELAND. December 20.—Hogs—Receipts 3.500: market active; Yorkers. *10.36; mixed,
$10.40; mediums. $10.85: pigs, $9.25; roughs, $9.50: January
stags. $3.50. Cattle—Receipts 12 cars; market I"
steady. Sheep and lambs—Receipts 10 cars;! March
market steady; top. $13.35 Calves—Receipts. I
260; market steady; top, $13.25. May
PITTSBURG. December 20 -Hogs—Receipts, j
4,000; lower; heavies, $10.70010.80; heavy York-jJuiX
ers. $10.50010.65; light Yorkers, $9.90010.25;
pigs, $9.5009.75. Sheep and lambs—Receipts, O ctl > b « r 1,500; steady; top sheep, $8.00; top lambs, $13.65. |
Calves—Receipts. 200; steady: top, $14.00. CINCINNATI. December 20.-Hog»-Re-celpts 5.700; strong; packers and butchers, 310.26010.50, pigs and lights. $7.2509 90. Cattle —Receipts, 900; slow; cows, $4.6507.00. Calves —Steady; $6.00012.50. Sheep—Receipts. 300;
steady. Lambs—Steady.
ST. LOUIS, December 20—Hoga-Recelpts 16.000. higher, lights. $9.80010.30; pigs. $8,250 9.25; mixed and butchers. $9.60010.40: good heavy, $10.35010.40; bulk, $9.96010.35. CattleReceipts 7.000; steady. Sheep—Receipts 2.300;
steady.
KANSAS CITY, December 20.—Hogs-Re-ceipts. 11.000; strong; bulk. $9 70010.20; heavy, $10.00010.25: packers and butchers, $9 95010.20; light. $9.50®!O.O5; pigs, *8.0009.00. CattleReceipts. 5.000; steady. Sheep—Receipts, 4,000;
steady.
COLUMBUS. O., December 20-Hogs-Re-cetpta. 600; market active; heavies. *10.40010.50; mediums and Yorkers. $10 20010.30; lights. $9.75 010.00; pigs, $9.0009 50; roughs, $9.50; stags,
$8.26.
High. . 16,63 , 16.76 17 06 17.26 17.45 15.61
Low 16.50
16.30
16.92 15 27
Seed Prices.
TOLEDO. December 30.—Cinverseed—Prime cash and December. $10 62%; January. $10 65: March. $10.72%. Alaike—Prime cash and December, $11 15; March. $11.26. Timothy—Prime cosh and December. $2 40; March. $2 36. DULUTH, December 20—Linseed—To arrive, $2.85%; Dcember, $2 83; May. *2 88%. CHICAGO, December 30 —Timothy—*3,5006 50. Clover—*12 00017 0^ New York Coffee. NEW YORK. December 30.—Coffee—Rio No.
7. 9%e; futures, steady.
8 69c.
March, 8.44c; May.
Liverpool Spot Cotton Weak.
LIVERPOOL. December
weak: good middling. 10.39d; middling,
£0.—Cotton—Spot, middling, 10.29d;
low middling, 10.13d; good ordinary. 9.77d, ordinary. 5.47d. sales, 7,000 bales; 700 for specula-
tion and export. Receipts 24,000;
February and March, 10. l*id; March and April, 10.24d; April and May, 10.2»d, May and June, 10.34d. June and July, 10.34d. July and August,
iv.e-tu. dune ami juij, i. 10 341. August and September,
ber and October, 9.6Sd; October and Noveml>er.
10.06d; Septem
Ul VJ , VC/*-'*-* catsva wo* , 9.58d; November and December, 9.Sid; Decem-
ber and January. 9.47d.
ness, as it is impossible to fulfill contracts. The chaotic condition existing in the shipping and foreign political situation has already resulted in a material reduction of Investment, and will soon show itself in further liquidation of Investments of
every nature.
Closing Corn-There was a moderate show of Bid B i strength in corn early under support from 16.54 I local friends, but heavy tone ensued, not 16.55 only in-sympathy with wheat, but aa a 16 49 result of the easy tendency in spot mar1651 get noted yesterday. Toward the latter i* 77 part of the day influential selling by east16 78 err , houses was in the market. A leading is au trade Journal points to the high quality and condition of the present crop, saying !-jg that in several leading markets 80 per 15 35 : cent, of the daily receipts were No. 3 and 15 M better. We lay stress upon this point be- ’ cause believers in higher prices insist upon comparing this year’s total produc-
tion with that of a year ago.
Oats-^Oats made a show of strength with corn and under covering by smaller shorts, but, as heretofore, market encountered commission seliing, eastern houses leading. Trade has not been large, there being no Important item to interfere
with normal conditions
Provisions—Very limited trade in hog products, ideas of peace being sufflcie,nt to prevent liquidation, but not sharply enough declined to interest Investors. Western hogs, 194,800. against 192,600.
10,000 UALLUAS 10C% PURE LINSEED OIL. $1.00 Per Gallon In lot« of five gallons or morn. B»oc cash. No delivery. MARION PAINF CO. 358 SIX TH MERIDIAN First Door floats of Union Station. I’honesi Main 75143, Nev* 1979.
and third quarters. 11.00033.50c. and unchanged. Metal Exchange quotes
Iron Btead» tin easy; spot. 41.76042.26c. At London: Spot copper, £142 lOe; futures, £136 1U»; electrolytic, £160; spot tin, £1*1; futures, £183.
futures un-
Thomson &. McKinnon’s Grain Letter.
—December 20—
Wheat—There seemed to be a concerted effort by a number of local traders and some eastern houses to stir up enthusiasm on the buying side of wheat, but general improvement In investment buying was not in evidence at any time. Toward the last extreme weakness developed in sympathy with sharp declines at Winnipeg and Minneapolis and action of securities. Winnipeg was reported as declining of its own weight, there being no buying power. There is a well defined opinion that negotiations looking toward peace
are under way under cover.
It is evidenced also in a continuation of very small seaboard clearance. The ocean situation has resulted in a most complete tleup of shipping from the seaboard to the producer. Shippers iq this market are making no effort to do buai-
Sugar and Molasses. (Following are the American Sugar Refining Company's prices In New York. Freight rate to Indianapolis. 22c a hundred pounds.; NEW YORK. December 20.-Sugar-Refined, quiet; powdered. 7.15c; fine granulated, 7.000 7.06c. Molasses—Steady; New Orleans, open kettle, 40060c. Raw sugar, steady; centrifugal. 5.14c; molasses. 4.27c. Future# opened firm on covering, and at noon price* were 3 to 12 {Mints higher. Futures later eased off under liquidation and cloeed steady, 2 lower to 1 higher; January. 4,13c: March, 3 88c; May. 2 96c; July, 4.00c; September, *.03c. Metal Prices, NEW YORK. December 20,-The Metal Exchange quotas: Lard-762%&7.75c. Spelter— —Quiet; spot. East St. Louis delivery. lO010%c. At London: Lead—£30 10s; spelter, £54 5s. Copper—Unsettled; electrolytic, first, second
At London Wool Auctions. LONDON, December 20.—At the wool auction sales 7,700 bales were offered There was a good selection offered, and scoured merinos were active and firm. Queenriands realizing 4s 6%d and Victorian crossbreds Ss 8d. Louisville Tobacco Sales. (kpecial to The Indianapolis News] LOUISVILLE, December 30-Tobacco sales. 763 hogsheads of hurley at *9.90026.00, and 4* of dark at I9.6O014.7V New York Hides and Leather NEW YORK, December 20.—Hide*—Steady; Bogota. 43044c; Central America, 43c. Leather -Firm; hemlock, firsts. $7c, seconds, 55c. New York Dried Fruits. NEW YORK. December 20.—Gvaporated apples quiet. Prunes less active. Apricots firm, peaches quiet. Ralains steady. Indianapolis Seed Prices. [Dealers' Selling Prices] -$2.2502.75 a bushel. Clo
10.00.
Leather Goods.
[Shoemakers' Supplies] Oak sole* 90086c; hemlocks. 80008c; oak bends. $1.0001.10- hemlock bends, 90095c.
ADDITIONAL MARKETS PAGE 22
