Indianapolis News, Indianapolis, Marion County, 8 January 1918 — Page 20

THE INDIANAPOLIS NEWS, TUESDAY, JANUAHY 8, 1918.

FARMERS TRUST CO. 150 E. Market Street STATEMENT DECEMBER 31, 1917

RESOURCES

Loans J Bonds and accounts .• Furniture and fixtures (cost $25,000). Vaults (cost $S0,000.00) ........ Overdrafts ... Company’s building Cash and due from other banks Total Trust securities Trusts—Real estate Mortgage loans for Eastern clients..

$1,069,571 05 113,538 43 100 OO lOO 00

5 94

151,773 18 434,500 50 $1,759,588 10 30,000 OO 475,000 OO 341,335,000 OO

■ Total LIABILITIES Capital stock Undivided profits, all earned Reserve for interest and taxes Dividends unpaid Deposits Total Trust investments Mortgage investments for Eastern clients

$33,489,588 10

$100,000 OO 143,366 34 10,847 48 108 OO 1,505,366 38

$1,759,588 305,000

10 00

EXTENSIVE SELLING

New York Stock Price*

TURN IN MARKET FOLLOWED PRESIDENTS MESSAGE.

Total,

30,335,000 OO $33,489,588 10

OFFICERS

MIAftl » ' s Will Ml- Iri'.-lrwl KIWI X THOMAS A. W 1 s M.. rr#Oii«nl. Htt.r.%' NtftTH. Triwarcr. t'KASK U AmI. Kwrutarj. ( H\Hi r.« M. J.KMOV,

•lam#* W. Ullf, iMfr k, WNilrornh. Th«ma« A. -famr> U. Soal. ( harlta IS. < oIMn,

DIRECTORS Mi* h»H J. . ( liarlro \ W'tlliMrna, H', If. Mraaw'ng^r. I barkta W. Millar, ( urllafid Van ( amp.

I tmrlM (. Tarry, ( Har'laa M. Minon. Ktlwin H. Farry. Jam#* h. ( ru*r. Kilry K.

f Wall fstrwsC Jo'jmal—Average prica of ! twenty industrial*, Mondar. UM, up i 1 11 cent.; twenty active rail*. | off .17 per oent. Oain* of 1 to 8 points in the first half j of today’s aemion were wholly for- - felted op extenaive aeilin* after i*auatjce of the President's message Sales , approximately shares. j >TKW YORK, January 8.—InduatnaJs, •motors, oils and related spacia.tiea were t*J# p; orr.rnent features of the early tradltur |» today'*• stock market, advancing from * to S points. Rails, copper* and shippings also were moderately higher, the entire hat indicating a revival of cpeculative interest for the long recount. Trading was broad, with many large individual transaction*, especially ■ n J/rdted States .Steel and other leadci* Liberty bonds were firmer. After a brief pause occasioned by 'profit-taking, the market gathered fresh strength. The further rise accompanied i the announcement that the President would again address congress on international matters. Pvails. industrials and equipment almost without exception extended early gain*. Striking advances were made by a few specialties. American Tobacco gaining 14 points and Texas Company **4. I The market halted again during mid- | day while the President's address was in course of publication. Immediately . afterward, however, selling set in. leaders reacting 1 to 4 points from early ! maximum*. This was followed by ir1 regular rallies. A more general reaction occurred in | fh* last hour, leaders falling to iow'1 eat quotation* of the day. The closing war* • hce.w. Liberty St* sold at 98.88 to W.TL the first 4s at iTi.M to 97.78 and the ! second 4s at 98,66 to 96 36.

London Stock* Quietly Cheerful. I IJOHDOS, January i.—The stock market i was quietly cheerful today. There was a : further ellxhf hardening In allied bonds, especially French and Russian Issue*, and the latter were hard to obtain. Mining ahare# experienced a broadening demand end Argentine rails. Brasilian bonds and shipping stocks ware firmly maintained Money was . plentiful end discount rate* were weak. The sales of national war bond* last week were near to the £;s.one,ooo mark, constituting a new high record

National Underwriting Co. Stoclui, Bondn, Real KM ate. Insur-

ance.

611*618 Occidental Bldg. INDIANAPOLIS

Main 24*H».

Aide. M-713.

J»

Money to Loan on Mortgages

City

and Farm Property.

Pan-American Life Insurance Co.

.'»07 NORTH r«:**’*% i, v a \i %

That spring Is 'eapeoted

pan led by (natH

»* usual, accotnlaxy feettnx, Is tndl-

r»aa

uaual

vsled by ths liniely arrtial on Commlaalon m.w, of that old homely ramedy, aassafrs*. Pealers are asknk 11.00 a b«Midr«! bunches fur Hie r*M*t and ah a doten bunches for the bark whrh haa much more strength fur the makes of Ute famous tea.

Indlanapolla 1* beslnnlns to feci the effects •f the Florida frost* in the advance of grape frifft and radish prices Grapefruit Is now selling Mo to 11.00 a box higher at »4 »»t»0. Rsdlehes ara In scant supply at Kits a doxen bunches, but the bunches are larger. Home-grown hothouse leaf lettuce le eesree and prttsae hava jumped to 12c to l*c a pound. Tha few offerings ara of excellant quality French tniltv# le acarce and higher at 40c a pound. Jsrsey sweet potaioea are higher al ):.&0 a buelml hamper. No. t quality, but th# new arrivals of Mississippi grown slock ato selling at ft.TSUrj.W g bushel hamper. Although this stock le not finished in appearance, the quality Is said to be met class. Official Receipts. Monday Potato**, t cars Michigan* arrived; 4 unbroken. J broken car on track; eupplle* adequate; demand moderate: market steady; quality and condition variable. Onion*, t car from various points; no vara on track; supplies adequate; demand ■low, market steady, quality and condition generally good. Cabbage. 1 car Wisconsin arrived; 1 broken car* on track; aupptie* light; demand active; market firm; quality and condition fair. Apples, 2 cam Washingtons arrised; I unbroken, « broken oars on tiwek; euppUea adequate; demand light; market steady; quality and condition generally good.

(Each produce dealer In Indianapolis Is hie own Inspector, which partly accounts for dlfferencea In prices quoted. Current needs have also much to do with prices made by the dealers.! KUtid—Indianapolis Jobbers offering country shippers for strictly fresh stock, delivered st Indianapolle, loss off, iiirsuc; jobbers selling storage mgs at -6c. POULTRY-Jybbem - buying prtcaa for defiverlea at Indianapolis: Hens, over 4 pounds. hnder 4 pounds. I*«20c; sprlngere. a pound; roosters and stags. I&4fl7c; young turk-ya. Me; old turkeys 36c; ducks. Under 4 pounds. ia#abe; 4 pounds and up. whlta, *D#22c. geese. !7*iac: squabs a dosen. pounds and up, 63 60«4.U0: guineas, 64 60 a dosen. BUTTKIt—Jobbers buying prices lor countiT stock, deilversd at Indianapolis. Kc; jobber* eelilng; freah creamery exi.rge n print*. 62c, in 'tuba, sic. CRt AM—Indianapolis buyers paying &2064c a pound for butter fat. delivered hi Indian*• polls KSE—Jobber* price*: Roquefort. We; domeatlo Swlas. 46JJ60C; New Tork full cream. Bte; Wisconam llmberger, 60c; New Tori, S2Cf34c; brick, n#l3c; Neufcbatel. Eagle bmnd, larg* box. 11.60; email, 75c, RABBI,b—Drawn, 63.00 a doxen. jobber* bids

Pruitt and Vegetables. HndtanapoHs Wholesale Pricae] A poles—Jonathan, Ortrue* Oolden. fancy. 641’Xti'i.M « barrel, cooking apples, sh varle-

H Obd t .so,

61.*0(92.56; Banana,

6: , «Hl7.M; Otlmes vlolden, U-M; Dcli-

>.w; lanry, *»,wverB.w». In boxaa, California BallBanana, 62.604*76; Jons

choice. $i oo

flower,

t han, t ’ ,.,.i,, v-« nova vtoimwo, -■ • - chHis. tl.76Bt.n; ttpitxenbeig, 62.76; Newton Flpplns. 63.36: Baldwin Oreeulngs. Cranharry Red and Twenty-ounv# Ptpplaa, in

buahcla, tUS#2.0fi

kan—Onl

Artlchok*

Itfornla, 11.60 n dosan.

Bananaa-MgAVgo a pound.

Rruaaal* SprouM-Californln, a>o n qunrt.

■ffeBa :’V’SSf' nd.

nrunaai* Hprou C»bbaga-6w a v arret*—Home

tqn or SVjc » poum

loma-grown. UAUttV.Jh a bushel;

Southern. ao«36c a dosen.

Oguliflownr-Calllarnla, <1 76#2.00 a box. Caiery—Michigan. 63 60#4 90 a crate; Haw fork. 63.5b#4l#; California. »f> e*«f6.60; a crata; home-grown, »#60o a bunch. ftauberrlee—Jersey Reds tlk.00 a barrel of too pounds; Howes. 6X6.00 a barrel. 6*.00 a

half barrel.

Cucumber*--Hothouse, 6316 a doten. Endive-French, home-grown 4<fa a pound. tlarlio—Louisiana, Me a pound. Grapes—California Emperora, *0-peund drums, 66 00; Spanish Malagas, extra fancy. 6)0.0*1912 00 a forty-pound keg Grapefruit—Florida, 64.60495 00 standard box Kutnuuat*-Florida, 36c a quart. Umae-Florida, 11.76 a hunured. I*mona—California. VT.CKmff.M a box. Lettuce—Leaf, I3#l4c a pound; I^uisiana. head. 61.M a bushel. California Iceberg. 63.60 a crate of four doxen heada, - Oranges—California navels. 65.2605.60, Florida, #4.76#6- OO. Tangertnea, 63.00 a box. “ “1 m hmM .

Indiana

■B If. Bed,

. . . ,■ ...66C2.00 a fofiy-pound crate; Louisiana shallots 20#40c a dosen bunebea.

Parsley-Soui hern. 6c a bunch.

Pear*—Washington Boao. 63 36 a twenty-

iou tvni.id box.

Pepper a—klorida green, 00c a box of ill

doxen.

Persimmon*—Texas Japanese. 63.50 a twen-

ty-pound box.

Plnea

Jweight, v olerada. 62 40;

Pineapples—Cuban. 65 00 a box of 34 to X? Potatce*—Michigan. Wleconain and Minne-

•eta. 63.40 a hundred

Idaho, 63.6*

Radishes Mississippi. 65c a doxen bunches. Rutabagas -Canadian. 2c a pouno. Sweet Pptatoe* Genuine Jersey. No. 2 small. 62.60 a bushel hamper. Nancy Hals, W6t<#tT5; Mississippi, 61.;&#2.W. Tomatoes luuintia tncincueer. fancy. 26c a pound, choice. 70c a pound. Turnips—61.60 a buwel basket of 61) pounds MitctIUneoua. J Beane-Nary. California, 16c a pound; Michigan, i$v*c a pound; California lima. Me a pound; kidney. l*e a pound; California pink, lllie a pound. Cncoauoi*—67.60 a hundred. Date*-Dromedary. 65.35 a box. Honey—Indiana, white clover. 66.00 a crate of twenty-four cans Extracted hooey—UHums whits clover, fancy, 6X-& a 6-pound

cjtn.

M‘neemeat—lie a pound. Nuts—Imported walnuts 36c a pound; black walnuts 63-W a bushel; Naples filberts 31c a pound; Sicily filberts 30c a pound; Brest: nuts 16c a pound; almonds 90#32c a pound. New Tork chestnuts wormleex. 25c a pound Popcorn—Old. »c e pound shaded, tic on the

4Wtr.

Rabbits—63 S0#176 a doxen KiatMatrag Ro.»t-$t 00 « hundred bunches; bark. 35c * dosen bunches. •weei Cider—36c a gallon. * Cider Vinegar—610.00 a SO-galloa barret.

Seed Prices. TOLEDO. ' IX, January 4 —<Tover«eed— Erjnre c«*h Old, 61”.»o. new, *l*.t>0; January, lit00; February. 6IS.90: March, 617,10. AlPrime cash. 614.85; February. 6»4.»; 114.90. Tltnothy--Prime cash cW. ; ndw, 1135; March. 64.(6. CHICAGO. January S -Tlmothy-65 *k>« 7 50 aO

New York NEW YORK.

Hides and

January

Leather.

-Hldes-Quiet:

Bogota. 41c; Central America. 40c. leather—

Flop; hemlock sole overweights. No. *1, 61c; ok. .

-’g*

4?#43c.

Government Bonds in New York. —Janus ry *—

Bid. Ask. I'ntted Stste* 2s registered 9Ci ST 1 , t'nlted Slate* • r->ut>on » *6 ; riHted Htste* 'e*i«tered F* Ft' 4 Cnlted Sis tea 3s- coupon •» •*% rnlted Mate* 4s registered ........ KMli MS t nlted Plate* 4* coupon M4‘4 h* Fanama 2* (1938» 94 Panama 8* regi*tered *0 Panama 3* coupon 90

('lea rings

Indianapolis Clearings

Jai

Jsn. *. 1916. ...62.516.000 00

9. 1917.

»2.::.3.034 M

The Money Market.

NEW YORK. January - Mercantile paper, B 1 ,#**. per cent. Sterling, sixty-day bin*. 64 72; commercial, sixty-day bill* on bsnks, 64.71V4; commercial, aixty-day hnis. *4.71; demand, 64 75Vi; nsbtes. $4.76 t-l«. France—Demand. lk"3S; cables. B."! 1 *. Gi^Jders—Demand, 43; cables. 43'x. Lire—Demand. 8.46; cable*. 8.43 Rubles-- Demand. 12%

‘ er 90>.

Bar stiver, tO'.eC; Mexican dollars,

7Sc; government bond* Irregular; railroad

hies, 13.

bond* Irregular. Time loans. *lxty and ninety days. DjffBX* per cent.; *ix months, 5*4©4 per '-ent, . Call money firm; high. 4 per cent,; low. 2*; per cent.; ruling rate. ,|Vi per cent-; closing bid, 3<4 per cent.; offered at 4 per cent.; last

loan. 4 per cent.

IXDNDON, January Bar silver. 46Vid per opnee. Money, 3> 4 per ren*. Discount rates; Short Mils, 3 31-32 per cent. Three months'

hills. 4 1-42 per tent.

BERLIN. January * —The statement of the Imperial Bank of Germany, isaued December 31. show* the following changes; Total coin and bullion. Increased 1 *.583.000 marks; gold. Increased. 694.000 mark*; treasury note*, increased 147,979.000 mark*; note* of other hanks, decreased S.JKW.OOO marka; Mils discounted, Increased 1.977.950,000 mark*; advance*. decreased 1.160,000 mark*; investment* decreased 2.0:«.000 marks; other »ecurltle*. decreased 126,886,000 mark*; notes In circulation. Increased 414.712.000 marks: deposits, increased 1.415.239.000 marks; other liabilities. increaeed 164.860.000 marks; total gold

holding*. 2.406.580.000 mark*.

a INDIANA BOND SALES. CORYDON—Gravel road bond* to the ■ mount of *9.800 were *old to the Cory don

National Bank at par.

Banks Must Report Deposits of Transportation Companies

new YORK, January »—Butter, weak; receipts. 9.384 creamery higher than extras. Me; creamery extra* t« wore), 61c. Eggs firm; receipts 2.6»; extra first*. 66c; first*. 64-'ft65c; refrigerator special marks. 44'.-&4$c; refrigerator flrets, 43ff44c Cheese Irregular; receipi*. 2.878. Live poultry weak; no price* quoted. Dressed, firm, chickens, 2(®35c.

fowls, 33930c; turkeys, 22# 34c.

tTNCINNATI, January 8,—Eggs—Prime flrste. 62c, Mutter- Whole milk creamery extra*. 61c; fancy dairy, 44. . packing stock, 2»#36c. Poultry-Fowls. 20#23c, broilers, under 2 pounds. 21c. ducks. 25c; turkey* 24e; roosters, 17c; roasting chickens. 4 pounds and over. 36c; fryers. 2 pounds and over, 21c, geese. 20g22c; guineas, $.100; pigeons, *1.60. CLEVELAND, January ' s,-Butter—Cream-ery extras. In tubs. 52\6#63c. prints, SSW-xTac firsts, 47%(P48c; lacking firsts. 64®*B>c. Eg»

Firat*. 63< ; aecqnda. 37storagi Chicken* 24B27c8 springers. I9|f2i

.ducks, HCtSc; turkeys, 27®'30c, >oung geeaeT

24t|2*c.

CHICAGO, Januaty *.—Butler—Steady; creamery. 3»®4'9c. Kgga—steady. receipts. 6.174 cases; firsts, 55g06c, at mark, cases Included, 60966c; refrigerator firsts. 41#41 1 *c' Poultry—Alive, unsettled; fowls, ;o«2f,>,c;

springe, KHc.

LA>AYETTB. Ind.. January *.-ButterI’acklrg *to.-k, delivered here, sty * pound Local packer* paying for egg*. 48c; hen*. *V; young turkey*, 23c; old tom turkeve. iSc;old hen turkeys, 20c; cock*. 10c; ducks. l«c.

geese. 16c

KANSAS PITY, January S.-Butter-Ci eamery, 44c; firsts, 42c; packing, S4c, EggF - b’lrst, 50c; seconds, 33c. Poultry—Hen* 2l*yc;

rtuysters, Ilerj broiler*.

ST. LOCIS. January 8-Poultry-Hens. 22c; , springs, 34>,c; turkeys, 34c. ducks. 24c; geese, ;

Butter—tYeamery. 50',c. Eggs-.J

TO (.EDO, O.. January 8.—Rutter—Brick . ^

creamery, 62c. Egg*-Fresh candled. 68c. , At the annual meeting of the Merstorage. Gp 47c. c In tits National Bank two new vice-

presidents were elected and the cashier

__ -... ... was made a vice-president In conjuncCOTTON AT NEW HIGH MARK , ' on with hi T s ° mc *- T Th «* ww ot

' fleers are: J. P. F renxel, Jr., vice-presi-dent and cashier, C. E. Sullivan, vicepresident. George A. Rittlet, vice-presi-dent; J. Edward Keller, assistant cashier All other officers were reelected The National City Bank and the Continental National Bank made no changes In their officers for the coming year. The Indiana National Bank officers continue the same for the ensuing year with the exception of Herbert S. Wood, recently elected to a new office of assistant cashier. The meet-

WAPHINCiTON. January Itemized report* on deposit* carried by railroad*, street or electric railway* and steamboat companies are required of national hanka by the controller Of th# currency's call for a report of the hanks' condition at the close of business

December 31.

The** Item*, included in the report force for the first lime, will furniah valuable information to th# government railroad administration and to treasury official# In feeling the financial pulse of the nation In preparation for the next Liberty loan, it was

explained.

Another new feature of th# reporta will be figures on amount of Liberty bond* held by the bank*, loans made on security of the bond*, and Interest rate* on these loans. TM» also will assist official!, in arranging

for the next loan.

ings of the. Fletcher American National Bank and tfim Commercial National Bank were held late this afternoon.

On Bullish Spot Advices and Ex-

pec tut tons of Light Ginning.

NEW YORK January S.-The rotten market Showed renew el steadiness a* the opening today on bullish overnight spot advices, a renewal of Liverpool buying and covering by tome of yesterday's early sellers. January sold at 31.79c on the call, yaking a newhigh record for the movement, while March touched 31.26c a'id May 3®.88c of about 6 to 14 points net higher, leiter months were relatively quiet, opening only a point or two above last night's closing figures, and the list sagged off a few points after the call under acattered southern selling and local j

realising The southern selling here during Regular Chattanooga Road Dividend,

the early trading was supposed to be llqul- |

datum of hedge* against spot purchases. [ N ASH\ ILLE. Term., Januaxj' ?.—Tha Nevv England nttlls were reported buyer* I Nashville. Chattanooga &• St_ Louis railherq to fix prices on the earl> setback and | w ay directors, at the quarterly meeting the market soon turned firmer on bullish spot 1 today, declared the regular semi-annual advices, expectation# of light ginning flgurea j dividend of iH- per cent., payable Feb-

tmnorrow. and the more optimistic view of rrarv I

peace prospect*. Some of the old longs who j ' ‘

have taken profits last week, seemed to b* replacing their cotton on the advance, while trade demand continued and stop orders were uncovered Ute in the morning All deliveries made new high ground for the season with March selling at » Mr snd May at

3L65e or 24 to 2* points net higher. The President'# address to the congress

seemed to make a bullish impression on aentiment in the cotton market and there were further advances during the eariy a Per noon. Demand broadeneit. with January selling up to 32.10c and May to 31.90c. or alxtut if to f2 points ne: higher. Spot, quiet;

Tntddltrg. SS.O&c.

1-hmires closed steady; January. 32 06-': March SLKc; May 31.22c, July. *a92c; Octm

Retaii Coal Price*. t Effect]v* December 96)

bet, 29.87c.

New York Cotton Futures. [By Thomson A McKinnon's Wire] —January

Open

High.

Low.

Close.

January S!.::>

32.10

31.66

32.07

iSAaurctt Sl-Jfl 1 '

Sl.«9

3i.lt

Si.59

May 30. Si

Ji.SO

.'0.73

31.13

Juiv ............... 30,50

30 86

30.6*

38.67

October ........... 29.60

*•».«

29.69

29. *6

Liverpool Cotton Quiet LIVERPOOL. January 8.—Cotton -Spot, quiet; price# steady; good middling. :s.74d. middling. 23.22d; low ntkldUng. 22.«7d; good ordinary. 316M; ordinary 21.l7d Sale*. J.O(ir» bales, including 1.4on American. Reeetpts.' 10.<W) bale*, no American. Furores closed steady; new contracts; January, 23.SM; March. 2*,'08.t: May 22.87d Old contracts: January, ri.OTd; January and February, 3l.97d. Match ard April 2l.79d; May and June. la.mu, Jum aai Jkiax

Indiana lump...--Indiana egg and nut

Indiana mine run...... Indiana nut and slack.. Paragon lump Brazil block y — Kanawha lump and eg; Kentucky tump and egg-

Indianapolis by-product coke

Pocahontas min# run. Pocahontas shoveled tump..

Cmti!t*J tump .-****#*******•'«:•*•*«*••#►-•,•••.* § §§. Anthracite (pratta traa*wa*a*»a****»*a»*a#***« § $0 Anthracite, eaa-••••**••••••••••••••••••••#•• S 75 Anthrec ta tture ... S 90

Anthraciie. cweatiiut

Bloesburtt. amlthing ie 09 Coal *nd Coke Extra Delivery Charge—75c bags a ton extra for ground floor or dumped into the cellar; 81.00 bags a ton extra, carried Into cellar: 60c charge wheelbarrow a

ton extra.

Tinners’ Supplies.

14x20, bright tin, 814.00# 11.00

.right *30 0

— •••• —- — * box;

.X 14x20, bright tin. *1*.00#20.00 a box; 1C, nixM ternk. *90 00#s.00 a box. 1C. 3>x28 Old Stvlw, 625.0003500 a box; tin In plgx. He a

nd. tin In bare. 87c a pound. _Uni (nnm 44* a round.

pound; pian-

Copper—bouoma 44c a pound. Soft Coppe~—16 ounce# S4c a ished copper, Wc a pound Elbe—Sheet. 30c a pound.

Iron-27 In one pass. 68 60 a cwt.; 37 Ca..

Wood'* refined. 67.60 a cwt.

Lead—Freaked bars, lie a pound.

Soidar—4Sc a pound.

BM GaAiaaiMd BimirZl fiw. tUS>w svu

[By Thomson A McKinnon's Wire] Open-H gh-Lo» -t^loswCtoee Ing. eat. est Jan.Wan.7 Alaska Gold l*a — ' 1^4 Ailia-Chal. Mfg. 28 20’# IS>s4 194 19** Aitka-ChaL pfd. . 75-* ^ Am. Fiee* Sug... T3 Am. C. & F .. 7Cc, 694 Am. Can 3S 39^ Am. Cot. Oil.... 27*^ At. Gulf .101 m\s M SW 994 Am. HAL. pfd 53 5^ 53 5T* .... Am. Linseed 2*4 Am. Loco 5*4 57 553, 554 5«4 Am. Smelting.-. 794 *F« 794 77% Tf 5 * Am, Sugar 1W* 101** » 99 100 Am. St. Found.. «E ffle* » Am. T. A T 1034 1®44 lfle ^ 1«S Am. Tobacco ...147 159 147 1554 1444 Am Z, A Ld 15 16% .... Anaconda 61*, 634 OS «4 ^ A- T. * 8. F S64 #64 *S4 *4 to* Bald. Loco I®4 604 «% 58 Butte 4 Sup.' ,..29 304 ^ 30»a 197* B. * O 534 564 534 54 53 Beth. Steel A.... #«4 S24 »4 Beth Steel B ... W 824 ‘*4 T«4 Brook. R, T 434 43% 424 43 44 Can Pac 1-174 139% 1374 1« 137% C. f M & St. P .. 4«4 464 454 454 «4 *>nt. ietather... 644' «7 644 «4 #44 Che* A Ohio ... 53% 54 524 57% Sr* C.. R I. * P. ... »>4 Jf<% l^* 19** 3>4 Chino Copper... 424 424 42 42 4'2 Chile Copper i«4 164 jr; 16^4 1*4 Con. Can.. M .... .... *7 86 Colo. F. and I... -164 364 * » «% ‘ hand. Motor* .. 71% 72% 71% 72% Cruc. Steel 54% 554 534 54 544 Com Prod X>, 31% ,71% 32 Cuba C. 8 31 31% 70 30 30% List. Seeur. 34% .154 33% 34 34 16 164 15% B% 15% ** t PM r t ass 27 36% l.rie 2d pfd. '20 »% Goodrich 394 »4 39 r 1 *** W 129% iryi% 1304 G^n. Motor* ...117 120 1144 ns 116^4 Great N. Ore.... 27 27% 26% 26% 26% Great N pfd ... 89% 90% 89% ©% 194 Inter Paper .... 2* » 27% 27% 2S% InL Nickel etf... 2# »% 28% 2S*4 ® In*. Copper 47% 47% 46% 4*4 47 Kennecott Cop.. 32% 314 32 KeHy-Bpring 43 43 Lack. Steel 77 76% 76% 754 “% Lehigh Val *74 $8 57L Max. Motor ..... 26 36% #6% 35%. 38% Max 1*t pfd 57% 57 ST Max. 2d pfd 214 22 21 Mex. Petrol 82** 54% 80% *>% 8214 Mere. Mar. ctfe. 224 23 22 22% 224 P fd - M4 84% 84% 84? »% 21% 30% Sfiti 30% Ohio (»aa 38 394 37% 3714 37*. M. Parlflc w. i.. 22 1 * 23% 22% 224 22% Midvale Steel... 47% 48 46% 46% 47 Nat Enan^ei ... 38% 39% .... V v xV* 7T ** 7,> ^ 706 » N Y Air Brake.120 npi National I^ad . 44% . .. 45% Nor. ft Went ... 106% iflf, .... North, Pacific.., 86% 85% 84 84 *4% Nevada Consol , 184 18% 18% N Y. N H * H. 30% 30% 2S% Pressed 8. Car.. 60 w Plttn Coal 45 Penna ?: R 4«(w 46 45** ?s Gaa . 43 \. * Pull. Pal. - X Ry- steel Spgu.. 46 46*\ 45% 45% 45% n.vv. Consol 27% 27*4 23% 23% 23% Reading ... 74 76 / 73% 74% 73% Republic Steel... 78% 79 7 | 77 77 77% , V/ .... 3^ 30% rvac. rename! ... H i/ 31Mn .... SIor*.Sheffield .. *0% I 40 40 Southern Pac ... 83 S4% 83 83% 87 Southern Ry 23% 24 23% 23% 23% Studebaker 51% 58 60 51 50% Tobacco Prod... 51% 52% 49% 49% 50% Tenn. Copper.... 13% 13% 13 18% .... Texas Co 146 14«% 141% 141% HO C. 8. Rubber— 53 53% 514 U. 8. Steel 95% 97% 9P-J 93% 91% 95% 1*. S. Steel pfd. lOe 1034 109 Cnited Fruit ....118 119% 1174 117% 117% 1 n. (Jgar Stores 91 92 90 90 90% V. S. Ind. Alco..119 121 117 117 118 Utah Copper 804 824 79% 79% 80-% Union Pacific.... 115 118% 113% 113% 114% Weatinghouse... 40% 41% 79% 39% 41 Wabash 8% 8% 8% Wabash pf A... 43% 43% 42% 42% 42 Wabash pf B ... 22 21% WHlys-Overlajid. 17% 18% 17 17% 18 W. Maryland... 1.3% 13% 13% Wilson Co 46 Bonds— Lib. I,oan 3%s... 98.86 98.88 98.74 98.74 .... Lib. Loan 4s.... 96.58 96.64 96.36 96.60 96.50 AtCh. 4s 83 83% 83 S3 S3 A. F. R. 5s 88% 89 88% 88% 88% B. * O. 4s 78 O. * K. cv 4s... 34 34 % 34 344 34% C. , B. & Q. 4s.. 93% 93% 94 N P. 4s 84 84 Steel 5s 98% 99 98% 99 98% 8. R. 4s 59 59% U, P. 4s 88% 88% 88%

Changes in bid prices on local saeurttias at the call of tha Stock Exchange were: Advance#—Indlanapolla Street Railway, % point; Cities Service common. *; preferred. 3.

Local Securities.

—January 8—

Traction#—

Indiana Railway and Light

Ask. 102

10 M «S

100

Bid.

Indiana Railway and Light pfd.. M Indianapolis A Northwestern pfd Indianapolis A Southeastern pfd.. ... Indlanapolla Street Railway 79% Terri Haute Tree, and Light pfd Terre Haute. Indpls. A Eaat. com. ... Terra Haute. Indpls. A East. pfd. ... t'nlon Traction of Indiana com.. 1 Union Tree, of Indiana 1st pfd.. » Union Trac. of Indiana 2d pfd., 3 Mlscallanaoua— American Central Life MS American Creoaoting pfd 9% Pelt Railway common C'JO Belt Railway pfd.... 103 Century Building pfd 98% CJtie* Service common 211 Cities Service pfd 71 Citizens Gas 11907-1915) 133 Citizens Gas (1917) 133 Cta> Product# pfd Dodge Manufacturing pfd 9* Home Brewing * Indiana Hotel common.... 2* Indiana Hotel pfd >7 Indiana National Ufa Indiana TUI* Guaranty * Indianapolis Abattoir pfd Indlanapolla Ga# 11* Indlanapolla Telephone common Indianapolis Telephone pfd Law Building Lemcke Realty pfd.... Merchants Public Utilities pfd Public Savings Insurance Ftauh Fertilizer pfd. 190 Sterling Fire Insurance ^ « Van Camp Hardware pfd 9* Van Camp Packing pfd.... « Van Camp Produeta 1st pfd 100 Van Camp Products 2d pfd 9* Vandalia Coat common. Vandalta Coal pfd

BONDS.

Traction*—

Broad Pippl# 6# - ••• Citizen* Street Railway 6s Indiana Northern 8s Indiana Union Traction «* Indpls.. Columbus A South. 6s Indianapolis A Greenfield 6s 90 Indianapolis A Martinsville 6a Indlanapolla A Northern 6e Indlanapolla A Northweatorn 5a Indlanapolla A Southresterri 6s.. ... Indpla. Shelbyvtll# A Southeast 6s ... Indiana poll# Street Railway 4s. Indpls, Traction A TormtnaJ o«,. ... K.. M. AW Traction 6*^...... ^ 88 Terre Haute. Indpls. A Eaat. 8a ... Union Trectlon of Indiana 5*

Miscellaneous—

Citizen* Gas — Indiana Coke A Gas 5s 98 Indiana Hotel 2d 6* M ESKSSS!: uVh'WH,.,-.,:: " SMSS ” .■ Merchants Heat and Light 5s ... 93 New Telephone first 8s 96% 100 N>w Telophona aocond 5».......... ... M Xew Tclepbors—Leona Distanca ... Southern Indiana Power te 99 199 Waverley Ellctrlc 5s lw

ii*

to 161

1(F 117

n 70

109 106

"TH

(6 76 96

79%

M 91

100

S6 «« 17

CORN WEAKENS AFIER

MAKES MODERATE DECLINEOATS DROP SHARPLY.

VISIBLE GRAIN SUPPLY NEW YORK, January 8.-The total visible supply of grain in the United States, according to the estimate of the New York Produce Exchange, is; Wheat. 17,552,900 biatwls, against 78.781.000 bushels' last year; corn. 3,155.**) bushel?, against 6.759.000 bushels last year: oata. llfTT.OOO bushels, against 48,797,000 bushels last year.

CHICAGO, January S.—Firmness, but no tendency toward any material advance, characterized the corn market today. The chief reason appeared to be that the crop movement was still hindered by tb* effects of the big snowfall. Meanwhile, traders were inclined to retrlct selling to a minimum Opeming quotations, which ranged from tin-1 changed figure* to %c off, with January l $1.27% and May $1.25% to $1 26%, were followed by a slight hardening of ' al-j ties. President Wilson's address to congress led afterward to moderate declines. The market closed unsettled, a shade to %c net lower, with January' $1.27%(5!‘1.2T%, and May $1.25# 1.25%. Scantiness of receipts upheld oats as well as com. Trade was very light Some weakness developed in provi- I sions. Declines were due more to lack j of support tintn to^aggresslve selling Prospects of largfir receipts of hogs prevented any Important rally in the late dealings.

{By,

CORNJan

Open- High- I^ow

- —Ctasm*- ■

ing., ■ e*K. eat.. 1 27*, 1 27% 1 27%

Jan.# Jan 7 1 27%-l 27%*

May ....

1 2 % l 25%- 1 25 1 25%

1 35 1 25%

1 2i%t

#ATS~i J«n

•0% 60% 71

78% 76*,

60%

March

73% 79% 77

77%

79%

May ... t

, 77% 77% 71% 77%

7*5*

list

PORK-

Jan

4 » 4i 6" 45 e#

45 50

45 80‘

May ....

45 (K* 45 25 44 »>

44 95*

45 30

LARD-

Jan. ....

24 69 24 #0 23 9*1

S3 90

24 <0*

May ....

24 31 24 37 24 25

24 :s

24 37t -

rUB8

Jan

23 50»

23 77t

May . ..

24 12 24 12 24 00

24 oor

24 17

~~*BM. tAsk,

CHICAGO. January •.-Corn -N« 2 >*)to« nominal; No. 3 yellow, nominal; No. 4 yellow. *1.65©!.72. Oate-No. 3 whit*. 90%»»8:'c. «tandar<1. tl©-*2%c. Rye—No. 2 nominal. Barley-*! 38«1 M. Pork—Nominal iatrtlr.'3.».). Rlbe—»2S. 266|.’4.00. Other Grain Markets. NEW YORK, January *.—Flour—Unsettled; government baet# 95 per cent.; spring, *10 63 tJ 10.70 in aacks to arrive. Com—Spot. ea*> ; kiln dried. No 3 yellow. *1.82. and No 4 *1.86. both cost and freight New Vork, fifteen day*’ shipment; Argentina. $2.05 t. o. b. car* New York ta arrive, Oat* Spot, firm, standard, 94j?94%c. nominal. Hay—Steady; No. L Jl.fO Hops—Easy; Pacific coaat, 19J7, 22©25c; 1916, 15®1*c. Pork-Unaettlwl; me**. *50 OOgSi.oo. family, *54.(K)#S6.00; short, clear. *50.00964.00. Lam—Firin', middle weet. *24.80 W24.70. Tallow—Firm; city special, loose. 17%c. Rica—Firm; fancy head. »%#9c; Blue Rose, *%e*%c Com meal—Steady; fine whit# and yellow. *4.«6«jr4.90. coarse, $4.<3®

4 *6, kiln dried, *9.75.

CINCINNATI, Januarv i.-Rye—No. 2. *1.81. Hay—No. 1 timothy. *30.00<S30.50; No. 1 clover mixed, *2*.ftO#29.oO; No. 1 clover, *29.00®> 29.50. Flour—Winter patent*. *10.30 CornNo. 2 white, yellow and mixed, *L*6<91.90; white ear, »l.40<al.60; yellow, *1.3591.46; mixed. *1.*«L40. Oata—No 2 white, Sti'Ctj 87c: No 2 mixed. Me#lc. KANSAS CITY. January 8,-Com-No. 2

■ ^ h,t- i - ■ .

mixed. 61.70Cl.72l No. 2 white, $I.74#L75; No.

*1.7S#t.7«. Oata-No. 3 white. 80%-;

2 mixed. *l«41’4c-

2 yellow, *1.

No,

ST. IX)LTS, January 8,—Corn—No. 2 track, *1.45; No. 2 white. *1.73<fl.75; May. *1.26% Oats—No. 2 track, 81c; No. 3 white, 82' : 'o*3c;

May, 74«4c.

LAFAYETTE. Ind., January 8 —Oaah grain: Rye-No. 2, |1U. No. », »1.4o. Oat*-White.

Wdflv* Yt") i W Sk “

77c; mixed, 76c,

TOLEDO, Com-Cash, Cash. tXJt

Oom-'New , 75 pounds, *1.07. O., Jamoary *.—Closing prices: $1.85. Oats-Caato. *7%c. Rye—

Indianapolis Cash Grain.

—January *—

The bids for car lot* of grain and hay at the call of the Indianapolis Board of

Trade were;

Corn—Steady to strong: No. 3 white, 9L*0<? 1*6; No. 4 white. *1.75©l.SO, No. 5 whit.* *1.7091.75; No « white, *1.62@1.«7; sample white, *1.4091.64%; No. 3 yellow. *1.8091.86, No .4 yellow, *1.74«1.78%; No. 5 yellow, *1.S8 ©1.72; No. « yellow. *1.68©L<3; sample yellow, 9oc#*1.46; No. 3 mixed, *1.4591.72: No. 4 mixed. *1*391.67: No. 5 mixed. *1.57@1 62: No. 6 mixed, J1.4&91.50; sample mixed, SSc© *1.40. t Oata-Firm; No. 2 white, 8*%<&84%c; atamlard white, 8S©84c; No. 3 white, CI%#tt%c; No. 4 white. 93©S3c; No. 2 mixed, Sl@82c; No. 3 mUed, S<v«Mc. Hay-Steady; timothy, Ne. 1, *2*.50®29.0'): standard, *28.ti09 28.50; No. 2, *27.50928.00; No. 3, *35.50©36.60; clover, mixed. No. 1 or light mixed. *27.50f*28.00; No. 1 mixed. $27 00 ©27.50; No, 2 mixed, $25.50®28.00; clover, hay, No 1, *26.00© 26.50.

—Inspections—

Wheat—No. 3 red. 1 car; sample wheat and ry#, t car. Total. 2 cars. Cam—No. 3 white, 1 car; No. 4 white. 1 car; No. fi white, 7 cars; No. « white. 14 care; No. 4 yellow, 5 cars; No. 5 yellow-, ;i cars; No. 8 yellow, 7 oars; No. 6 mixed, 4 cars; sample mixed. 89 cars. Total. 129 cars. Oats—No. 3 white. 3 cars; No 3 white, 1 car; No. 4 white. 1 car. Total, 5 ears. Hay—No. 2 timothy, 3 care, No I. clo\er, 3 cars. Total, 4 car*. Price* at the Hay Market.

—January *—

Ths following are the Indianapolis price# of hay and grain by th* wagon load: Hay—Loos# timothy, *29.007*32.00; giixed, *28.00©30 00; clover. *25.00ff3«.00. S Com—*1.25ff 1.40 a bushel

The Indiana Trust Campy

STATEMENT DECEMBER 31. 1917

(Condensed)

Resources Loans, First Mortgage...$ 1,795,057.51

1,184,289.20

Loans, Collateral Municipal and Other

Bonis V. S. Liberty Bonds Premiums Stocks Company’s Building .... Vaults and Fixtures..... Advances to Estates.... Insurance Department... Cash in Vault and Due from Banks and Trust Companies

Total

3.549,810.23 787,785.00

4,844.25 1,064.19

380,000.00

5,000.00 24,889.82 50,900.81

3,162,302.74

.$10,945,943.75

Liabilities I $ 1,000,000.00

Capital Stock Surplus and Undivided

Profits # 829,502.56 Due Insurance Department 54,140.86 Deposits 9,062,300.33

Total

.$10,945,943,75

Officers

J. P. FRENZEL, President. FREDERICK FAHNJ.EY, Vice-Pre*. J. F. FAILEY. Second Vice-Pres, JOHN E. CASEY, Treasurer. CHAS. H. ADAM. SecreUry. ARTHUR CRAVEN, Ass’t Treasurer.

R. N. BRITTON. Asst Secretary. WALTER C. STORK, Auditor. BOYD W. TEMPLETON, Manager Real Estate and Ins. Dept. C. G. JACQUART, Ass’t Manager Real Estate and Ins. Dept.

There

Increased Work in your office for the new year. Let the “Barrett” help you. It Will Add, Subtract, Multiply, Divide W.K. Stewart Co. Office Furniture and Equipment

The place to buy ; them ie here at headquarters. Great assortment f —Just Inside the Illinois Street Doors to Your Left. THE Wm.H. BLOCK CO.

fSpecial to Th* LidlanapolU News] MADISON. Ind., January *.—Sixty-one thouaajid three hundred and sixty pounds of tobacco for *12,945.92 was sold on the floor of the four loose leaf tobacco warehouse* here Monday as follows: W. II. Snook * Co , 17.170 pounds for (8.535.11. average *-0 52; Farmers, K.320 pound# for *4,147.11, average *18.58; F > lanters, 14.570 pounds for $3.62«.:>2, average $24.89; Peoples, 7,300 pounds for *1,637.18. average *22,29. A general average of *21.09 resulted for th# day's sales. Fewer rejections marked the sales and the quality of tobacco offered was superior to that of last week. However, the great amount Of "trash" offered pulled the average down, "trash” selling for [email protected]. Two baskets of tobacco, donated by Farmers to the Jefreson county Bed Cross, sold at *31.00 and *38.00 a hundred. The sales were not as large as were expected, owing to weather conditions

Tobacco at Aurora Sells at 28.25c. [Special to Th# Indlanapolla News) AURORA, Ind., January On the Aurora loose leafe tobacco market Aurora loose leaf tobacco were sold that brought an average price of $-8.25 a hundred pounds The prices ranged from 9 cents to 41 cents a pound and several hundred pounds were rejected. The American Tobacco Company took the bulk of the offerings Much larger offerings and better grades are expected as soon 1 as the weather conditions and the rural highways Improve.

Federal Land Bank Of Louisville, Ky. FEDERAL FARM LOAN 4y 2 % BONDS Issued under the supervision of the U.S. Government FREE FROM ALL TAXES Federal, State, Municipal, Local and Income Tax

As security for these bonds are pledged U. S. Government Bonds or guaranteed first mortgages on farm lands cultivated by the owner, not exceeding fifty per cent,

of the appraised value.

Bonds issued in denominations of « $25, $50, $100, $500, $1,000

r A

Price 100*4 and accrued interest Write for further detailed information Federal Land bank

OF LOUISVILLE, KY.

Strew-Wheat. $H.OO@’12.CO

attaw, [email protected].

tea; oata

Chicago Grain Board Elects Officers. CHICAGO. January 8,—A. Stamford Whit* was elected president of the Chicago Board of Trade to succeed Joseph P. Orlffln. Hiram N. Sager and James A. Patteen were elected vice-presidents. All will hold office for the ensuing year. Chicago Potato Prices. CHICAGO, January 8. — Potato** — Unchanged; receipt*. J care; Wisconsin, Minnesota and Michigan, bulk, Jl.9032.05; in sacks. *::.<*x3.3.io.

Thomson A McKinnon Grain Letter.

—January 8—

Otts—After a period of finnn###. due as much to absence of pressure a* to any pronounced demand, oats a#»umed an easier tone w blch was increased to heaviness on receipt of the text of the President's tr.esRag-* to th« congr***. Various conatruction* were placed on the address, but there seems a general feeling that it paved th# way for negotiations Winnipeg market was posseesed of the same idea Liquidation here was on a liberal ■cal*, on# of the bull leaders disposing of hi# holdings in anticipation of lower range of prices. Receipts were not increased, but th# cash market was slow with premiums easier. No Indication of export busine## except that on extreme decline, buying by eastern houses was In the market Corn—Although no heavy receipts of corn, cash markets dragged, values closing 6c to 16c lower. Consignment notices conslderab!) Increased and cash handler* persist in th# idea that movement will be of liberal proportions In a very short time. Commission offering* Increased toward the last In symProvisions— Abeence of conspicuous demand was the feature In hog product#. Offerings not large, but some of St was thought to be for th# larger packers. Sentiment Is bearish in anticipation of better movement of hogs. There is, however, no confidence displayed on the part of sellers. Dress Goods Higher. NEW TORK, January 8.—Oottoti good# rule firm with prices tending higher on print cloths and sheeting* Tarns firm. Deliveries of merchandise greatly Impeded. Burlaps firms*- and raw silk unchanged. Dress goods < kJgh Bilk qffortBfs foj fail muck reduced.

New York Coffee. NEW YORK. January E-Coffee--Rio No. 7, *%c. Future#, steady; March, *.3&c; Mav,

8.6IC.

I \

Dry Goods.

lindianapoU* Wholes*!* Price#] BLEACHED COTTON - Androecogtin. 38 Inches, I7%c. Lonsdale cambHc. 19c: Pepperell, 45 inch##. 34c; First Call, 36 Inc he#, 18%e; Dwight Anchor, 38 Inches. 21%c; Diamond H, 36 inch##, 16%s; Hop#, bleached. 16c; Cabot. K Inch##, I6%c; Pepperell, 8-4, 39c: 8e* Island, No. 2, 38 inches. I5%c; Utica, 9-4, 60c; Utica. 10-4. «5c; Fruit. 4-4 Itc; Utica,

45 Inches, 28c.

GINGHAM—BrooksJd4U HVfcc; Amo#k#ag. Lancaster. 18%c; Toil# du Nord. I9%c; Im-

part*] Chambray. 2i%c.

TICKING—PorUand XXX. J6c; Cordla A. A- »%c; Coneatoga, B. F„ 37c; Oakland. No. 900. 18%c; Thorndyks. 16%c; Warren.

No. 225, 32%c.

BROWN COTTON - Atlantic A. 38 inch##, 18%c; Utica. 9-4. 46c; Utica, 10-4. 60c; Armory D. 38 Inchem, 16%c: Atlantic P, 38 Inches, 13%c; Pepperell. 9-4. 88'ic; Peppereli. 10-4 12%c; Cabot, 88 Inches. 14%c; Constitution, M Inches, 26%c: 8 ounce* 30c: Cypreea. idc;

Monument R, 17%c.

COTTON DUCK—Tal lahassee, 1 ounce* 20 Inch##. !8%r: 3 ounce#. 30c; Cypress, 10 ounce* 36 Inch#*. 87 %c: Champion. Souncae, 30c; Ontario, 12 ounce#. 50c. SHIRTINGS. CHECKS AND CHEVIOTSEverett chambray strip##, 17%c. COLORED CAMBRIC—Edward, 10%c; Sl*t•ry, !4%c; G#n##se# iC%c: Concord. 10c;

Warren, 40c.

[Sp-rlal to The Indlanspeiis News] LOU 18VILLE, January a—Rales, » hogsheads of hurley at $10.00 to $41/4); 9 hogsheads at $12.76 to $18.00; 290 hogsheads original inspection; 54 review. DOWN ON THE FARM. EVANPVILLE -Dissatisfaction with the price of milk set by Byron F. Persona, county food administrator, was expressed Satur- j day night at a meeting of th# Southern In-' diana Dairy Association. Th# price of milk : to the producers as announced Saturday by Persons is 75 cents for a pound of butterfat. The dairymen have been asking for a price of 80 cents a pound. The price set by the food administrator will b* accepted until j Saturday. January 19, w'hen a special meet-! ing of the association will be held to decide on definite action concerning the matter. The association has elected the following officer* to serve one year: President, Edward Nussmeier; vice-president, H. G. Whitting!)!!!; secretary, waiter Vann; treasurer, Henry] Koenig. The wheat acreage in Vanderburg county Is an increase of about 10 per cent., | according to R. N. Atkinson, county agent. , About 8,<F0 bushel# more of seed corn must 1 be obtained between now and planting time. ' At a meeting of the Vanderburg County ' Farm Improvement Association, the Importance of big crops next year to help win the war. was urged. The question of a shortage of farm labor was discussed, and a greater use of farm machinery was urged. Officers for the ensuing year were elected as follows: President. Thomas Peck first vice-president. J. L. Aleon: second vice-president, A. L. Swope, secretary. Fred Ntederhaus; treas-

urer. Vann Knight.

PERU-The Richland townahip farmer#' institute haa appointed a committee. von#i#ting of Arthur D. Bolcourt arffl H. L Flora, for an Intensive drive for seed corn. It ia planned to take an Invoice of the seed corn in the township and to aid farmers who hava no seed corn to get the desired amount. The commit tee plans to stir up such an interest that every farmer in the township will plant every available acre in corn next spring. In I

Local Non-Taxable Security $20,000 American Town Lot Company PREFERRED STOCK Is Paying 8%, or 2% Each Quarter On November 1st the Company paid its 15th regular quarterly dividend of 2%. Net assets at close of last fiscal year over four times outstanding preferred stock. Net earnings for last fiscal year over 75% of outstanding preferred stock and over twelve times preferred dividend charges. The above additional issue is for the purpose of taking care of the growth of the business, which is the buying, platting and selling of real estate subdivisions in Indianapolis and other cities. GROWTH OF THE COMPANY Year Ending. Assets. Surplus. SeptemBer 30, 1914 $662,681.67 * $ 62,459.Ht_J September 30, 1915 741,329.50 79,790.41 September 30, 1916 837.720.89 128,829.12 September 30, 1917 967,247.84 191,142.88 This real estate preferred stock has the safety of a real estate mortgage bond, with the advantage of being free from taxes. We offer the unsold balance of above stock. PRICE PAR, YIELDING 8%. Stock may be paid for all cash or like Liberty bonds at such time or times as will best suit the purchasers. f LAFAYETTE PERKINS 918 Fletcher Trust Building

Phones—Bell, Main 4295; Automatic 22-535.

connection with the township institute

’fat

ur-1

day there waa a corn contest and premiums f were awarded as follows; First, Frank Ward; second. Gkn Smith, and third, George Gaasoway. Oren Kott»rman was elected president; Walter Foma. vlc#-prre1dent, and John O.

Conner, aacretary-treaaurer.

SEYMOUR-Twelve boy* who were the winner* In the contests conducted during th# year by the vocational agricultural department of the public schools, will receive free trips to the Purdue short course next week, according to A. E. Murphy, supervisor of th#

r&iiVi*, ware*. . vtixa* w aa. w.

PERCALES—Eighty square*, light grounds, j department. Those making the trip are: 18c; dyed grounds. 10c; 68-72 counts, light 1 Everett Foater. Curtis Shafer. Henry Foster, grounds, 19c; dyed ground*. 18c 91-94 count*. Roy Newby. Edwin Ruddtck. Arthur Phll- • * — * - - — lips. Lowe)! Smith, Charles Crane. Edwin

Sound I nd iana Tax-Exe mpt Securities Paying 4% to 7% Dolllas#’ Securities are Investigated far the Benefit of BxnetinJr, eon. servotlve Investors. MERCHANTS BANK BUILDING. 'Maks Th# Dollar Saf#.** IndlsnnpoUa. Columbu*. Pittsburg Philadelphia.

light g-ounda lie; American Indigo 13c; American Calcutta, 13c; American ahirting, 10c; Simpaon Berlin, oil flnl#h, U%c; Columbia prints, gray. 12%c; black. He; Indigo

madras. 11c.

Drug Price*. 'Indianapolis Wholes# 1# prices]

Beverage alcohol. [email protected] a gallon; non-

aaafetida, *2.30 a po

camphor, 61.02

ound.

beve-agr. $5 6009.3I; aaafetlda, 62.20 a alum. 18%©18c a pound; camphor, pound; chloroform. 83c a pound; copperas, tc a pound; cream of tartar, pure. 70c a pound: morphine. P. A W.. an ounce, 917.00; oil bergamo.. $8 60 a pound; quinine, P, A W.. an cunc#, in five-ounce can#. 95c; soda bicarb, 3%ljf7c a pound; potassium iodide. $4.40 a pound; bromid# of potassium, $1.80 a pound; chlorate of potaeh. 76c a pound: carbolic add, 78c s pound; clov# oil, from orient, *5.1*ff6.30. castor oil. $3-20<t>-39 a gai-

IfeB.

Lowell Smith. Charles^

Buhner. Edmund Montgomery, Stanley Hal! and Ralph Amtck. The expenses of the trip will be paid by local firms, which are interested in the further development of ag-

ricultural work In the public school* BICKNELL-H. M. Covert, of Terre Haut*.

haa been named as -judge of the poultry and live stock show which 1# to be held here January 16 to 18. The aaeodation has announced that they will aell to the highest bidder all chickens brought to th# show and «*Kg» laid by chickens on exhibition and wlli gi\e the proceed# to the local Red Cross Society. The premiums amount to several hundred dollar*. Prize# will be given for the best ten ears of yellow and white corn and the best single car of white and yellow corn. Business men have offered many prize# for

the beat poultry and corn exhibit*.

OIHER MARKETS ON PAGE 21

Money to Loan on Mortgages

State Life Insurance Co,

Pneumatic Tools and Compressors Rivet hammers, aets, hose and coupling*. Air drills, all sizes and style compressors. Chicago Pneumatic Tool Co, VONNEGUT MACHINERY CO. 43 South Meridian Street. ii*«»§«sw»|Mi|U.

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