Indianapolis News, Indianapolis, Marion County, 29 May 1920 — Page 30

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THE INDIANAPOLIS NEWS. SAUBDAY, MAT 29, 1920.

BOUNDS

New York Stock Price*

(By Tboosfon it M'-Mtimoa’* Wire!

—Uaar 2*—

Open Hiffh LaSn&Sm

It MODERATE DEMAND js

Average Stock Price*

Am, Afr.

( Ai»l»-Ch*J tiff . Z4‘, [ A* C A F . . . 1*3 S j Am. Can 30'■» Am. Inter. Oorp 83 Atlanta/ Gulf .144 A* HAL 10 Am H. A L pf<f 03 Am. LonomHire 07%

»roeU'n« 40 %

frteel Pndr* 30

Am T. A T .. 33% Am Sam Tote. 80%

Am. Woo! Am, ttrug 8yn A. T. A s r Am. Bdu.ii . . .

in-1 Brin Steel * B

36% 34%

SMALL NET CUANGE IN iG PUS FOR WEEK

C0MPEI1IIVE BUYING

Ttee foiioviaf table ateoera the bisteest aaies each daj of the ranooe kinds of stock d>sr.«oolis Hre stork market

at ttee Lad.

86% > 36% } 135% 1

HZ CURRENT

SUPPLIES RUNNING ABNORMALLY LARGE.

Xar May SS May May May

8. .

HonCar. Track. 816 SC 816 50

122* i CATTLE GENERALLY STEADY 30% 03%

• r*ra«# price of twenty ■

(»t kfockk FridAy w** 01 **, j Bak)«ir- Ijoco Ttef *v«rafe price of twenty Balttmor* A Oh rails waa 72.3*. up 1.17. ° llt ,

11% 87% 81 %

116

89%

114

fN?;

May 10 May II. May 1* May 13.. May 14. . May 15 May 17 May 18. May 10

114% 97 %

-Price*

YOftK. May ft

wLtir.in narrow boantla do iventfol aeaaton of

the !l«ht!1

C. M. A Hi

ro*« | Omit, leather.

Moat of „ ed week-end aettlpment •

during !C. * I A 0 ' the I. A F. r b

trad-

A I A F *a 73 1 too Copper... 32 1

le Copper ... 18 ier Motor* 137

135

_ contract*. Thera w»e

»»'o demand for rail*, «•-umirtHie «*wt

thoae traveraina western and

“•tera aprlculfural eei*tion*. tV'utea c aoear

mj arte re draHnp* berame

after the fir** hour. More- Li; 8 Food Fttk) *ieel* e^uipmenie and tece I f, but motor ac<%seor- 'Er»e J*t pfd. If»**■ tended upward.flOea. Motor*., i firm. Hale* *p>roal- ; Cen Electric.

o,. •:

l ““''Greet N. pfd. •end* le Mew rent. Harvester . Thomson A M' KJrnon’* WirjrJ i —May 2*— ! R ** r i- r *FT r

I01 '?(

, FofJowfasff is a rtatetnent of receipt* at the i 114 2 1 Intteanapoh* hve dock market for penod* 32j indicated. Hof;f Cattle. Calve* Sheep. j S*t. Saturday 5**00 300 300 160 -141, Week a*©,. . 0.243 060 4« 41 ” 178 ** ft % Total this week 57 874 6 251 3 768 780 32 * Same last week 63 824 «840 4.014 8i<7 Tear a«o 43 240 4 451 3 006 441 134 % Month to date 243 578 27 204 18 216 2 00(1 *3 £ Tear a«o 246 103 20.427 14 054 2.101

10% 27 %

*4%

12*4 Hot* 10% Cattle ,£2% i Calve* !♦»% Sheep.

V’

Year t» dat

H irhe«t record 23 yp- ‘

16 10 16 06 15 85 16 85 LS “ 15 25 15 35 15 35 15 35 14 75 16 00 14 65 14 75 14 85 14 85 14 85 14 ns 14 85 15 OO 15 00

15 15 10

16 35 16 36 16 10 15 75 15 50 15 40 16 75 16 50 15 25 15 35 16 00 14 75 16 OO 14 75 14 70 14 85 14 85 15 00 15 OO 14 85 15 10 15 25 15 25 18 65 23 73

313 50 U3 00 13 OO IS 00 13 25 18 40 13 25 13 00 13 OO 13 10 13 OO ••14 25 12 65 14 00 12 00 14 00 13 35 15 50 It 75 12 70 13 OO 14 00 12 75 13 00 18 50 21 00

313 00 13 50 714 50 ♦ 14 25 13 00 13 00 12 00 13 25 12 50 12 50 13 00 12 75 13 50 13 75 13 00 ♦ 14 60 13 25 13 50 13 50 IS 25 ♦ 13 85 13 00 13 25 ♦ 13 50 14 50 18 00

Cows. 312 00 12 00 13 00 12 25 12 50 12 00 11 50 12 OO 11 60 11 50 12 00 11 75 11 50 12 OO 11 50 12 00 12 00 11 15 10 75 10 75 ’ll 00 11 00 10 OO 10 75 13 00 15 W

Bulla. 311 00 11 OO 11 00 10 50 10 75 10 00 10 00 10 00 10 25 10 00 10 OO 10 00 10 75 10 50 10 00 10 50 10 50 lO OO 0 50 9 75 10 00 10 00 10 35 10 00 11 50 13 75

Cateea. 316 00 15 00 17 00 17 50 17 OO 16 00 16 00 15 00 14 00 14 00 14 50 15 00 15 00 15 50 16 00 16 00 16 OO 16 00 14 00 14 OO 14 00 14 00 15 OO 16 00 24 00 30 00

Laaaha. $19 50 •20 00 18 50 $17 00 :is oo $17 00 $i700 •18 00 •16 50 •18 50 18 00 •17 OO $18 00 •15 00 •18 00 •18 OO •13 OO •15 00 •16 00 •17 00 •17 OO •15 00 21 65 21 65

RECEIPTS LIGHT—ARGENTINE WHEAT LOADING STOPPED.

I A car of Aroma strawberries from Bowl ! inr Green. Ky which arrived on the market early Saturday moraine. »a* sold out before the first hour of trading had closed. They

went at $8.50 a crate.

The first Indiana strawberries to be sold on Indianapolis markets are expected in a shipment that is due early next week. Few old potatoes are on the market. Practically all that remained of the winter stock

: has been cleaned up.

Green beans from Mississippi are selling

y - I at 34.00 to $4.50 a hamper.

CHICA«»0, May 2$.—Stoppage of [ Commission row will be closed ail day wheat loadings in Argentina, to- Monday tn observance of Memorial day. but gether with active export demand for! one or two houses may be open for an hour

wheat at gulf ports in the United j or so m the morning

States, had a decided bullish influence

INDIANA CROP OUTLOOK.

The weekly crop report by the American Steel and Wire Company gays of Indiana.

Northeast

5od. Clover

t Adam

good. Clover fair,

wheat acreage cut down this year, but

PROVISIONS FOLLOW HOGS

larcis medium. '

and wheat poor. Sea i Southeast > Ripley j fair. Clover made a

today on the corn market. Further [ more, receipts of corn today were j much smaller than expected, and country offerings to arrive were

Price* t« Retail Trade.

(As ouoted by Indianapolis commission men! Apples—Barrels Extra fancy, high colored red Jonathans. $12.00: No. 1 cooking.

* Teach ng steers

♦Steers and heifers. •Spnng lambs. 1 Clipped lambs

prices of the clipped Iamb*, yearlings and sheep, with the top prices S14 00. $12.00 and $10.00. respectively.

Clipped Sheep aad Lambs.

Good to chetee sheep S 8 00# 10 00

i§ i%

-Receipt* for Tear to Date— 1020. 1919 lac Dec s i 1 048 048 1 185 496 . 136 550

144.012 153.483 . . . 9,47| } vkkki to cooic* mmue. , . 78.403 00 *07 15 886 . ; Common to medium lamb* 24 330 18 283 8 047 . Buck* tier 100 lbs

Poor to beat spring lambs.

f —Hogs at Eleven Markets— Poor to best yearlings —.

* nutted Saturday tat. ; Same day last week

light With commission houses and 57 OO: Black Twigs, $9.00: .Maine northern shorts competing as buyers, the mar- Spies $10.00. Boxes: Grimes Golden. $3.00; ket rapidly advanced. Opening Roman Beauty $3.50: Ortley. $3.50; Spitsprices. which varied from unchanged enherg. $3.50; Ben Dafis. $8.504? IO.oO a

figures to Sc higher, with July at barrel.

* ri s4u.«* f Artichoke*—California. $2.o0 a doaen.

Asparagus—Cahform.v. •’ 504i 3 50 a case of 13 bunches fancy home-grown. 40«52c

a doaen bunches.

Beans—Dried. Michigan navy. 8o a lb.;

County)—Grass lands Oat* very backward.

looking fair.

Ea*t i Delaware Countyi—Grass lands and clover good. Oat* very late, but coining on well. Wheat below the average. Corn will be very late this year. The tomato acreage

is emteU.

South (Jackson County'—Pasture good. Hay lands medium. Clover not good. Oat*

Season thirty days late. County—Gras* land* good start. Oats late.

; Wheat verv poor Corn win go in late Southwest (Pike County!—Pasture backward. Clover fa>r. Oat* good. Wheat acreage small and prosticets poor. Corn going

in to.

West (Clay County*—Pasture good. Haylands fair to good Clover good. Oats crop smallest in years Very few fields of wheat Corn will be put in late. Quite an acreage of tomatoes already contracted. Northwest «Jasper County)—Grass lands good, hut a month late. Fifty per cent, of the oats water killed. Wheat suffering from loo much moisture Corn going U» three weeks late.

registered

!:£&, !;£!!£-> I: Zv£r'.

18$ 101*

101 lot

_i£L-

101 ft :oi%

84 84

106% !"* IS

inter, I'apes

lot. HSckel etf K. C Am j them,.

KryaUjrm Tire

BgaSLS&d

18% 53 %

114

T.m

«'• a*

HANAPOLIS CLEARINGS.

...ar.

.._p.li.iT “Ttv,1i *17 4f0 (ST” 311,567.000 —For the Month— 378 308 000 $62 861 000 The Money Market. TORE. May 20,—Mercantile paper, cent. Exchange irregular atarling. MB*.' *5 83 E-ommernal irixtytm banka, $3 88, cummerHal bflU. 53 82 % < demaed $3 87 % ; J8._ Fr*»»cf: Demand, 1.1,02; cai franc*; Demand 12 42: ikkrra, DemarKl 36%c ire: Demand, 17.02; ca Demand, 2,50c, cablea, exchange on Montreal . _acouni Government bond* Railroad bond* strongMay 39,—Money. 5% per cent . ©a, short bill*, 8% «|«% peie* months’ bill*, 8 IS-16 per cent

wo New York Exchange* Cleae*. TORE, Mar 20—Tha bolton and and *ugar exchange* hare are closed

Ear Nllvar. New Vork. 00%ic. NEW YORE. May 20.—Bar itlrer 90%c. extesn dollar*. 76 %e.

^ i jo vm

Iteatfon Ear Ntlver.

M, May 20—Bar silver, 67%d an

Ntw York Bank Statement

£i c

Fan Amer Max. Petro Merc, Mar.

Miami CopjMrr

Gh(o Oaa 38 Mo Paeifb , 26 Midvale 0taei. 42 Mo. Eae A Tex. 6 If. Y. Central 71 faiioeal Lead, . 77 for. A Weet 88 -for. Pac. . .75 B Y . BM. A W. 30 PierceArrow ,,. 61 Pitt* Coal 67 Penns R R 39 fcjr' sp,# 9 *i Republic Steel , , 01 Wnclair Oil 32 South. PaHftc . 95 Non them By ... #1 ( ftromherg 75 Studebaker 68 Toba-vo Product* 8(» Texas Co ..... 4»s Tran*-Cont Oil.. 14 Texaa Pactflc ,... 42 Untied Fruit .. -202 Union dtl- 28

¥. %eel pfd 108 8. Rubber.. 05

Utah Copi»er 70 U. 8 Ind Alco. 88 Union Pacific .Hi V. R. Store# . 77 WaetiiMhou** . - 49 White Motor* .. 63 Wabash pfd. A.. 23 Meat U. Tel ... 81 Willy aOvefl and . 17 Wlleon Company 64 Cono-Cola ... 33 Fisk Rubber ... 80 Okia. Ref 4 Fsmou* Player* 73 !>ci# Tire ....... 90 People* Oa* . .,; 38 W Maryland ... 9 Teitn . Copper ... ft Per* Marquette, . 25

114%

28% 76% |J% 108% 107 106% *8 % 14 % 16 % 71 % 70 71 % 104 % 108% 103%

176%

Total this week

*■ V L 6w«e laet week

Same time 101»

114 ^ j Seme time, 1918 .

T<ar to date ,.., Same time Iftlft Same time 1918 *. Same time. 1P17 ,

62 000 47,000 !

{The range of price* of eggs, butter and poultry i* due to differences Is quotations

by various dealer*. I

„ „„ EGGS—Indianapolis jobbers offering coun15 00 . tr ? shippers for strictly fresh stock deliv12 00 at Indiana pels, 3637c a dozen, loss

' off,

POULTRY—Jobbers buying prices for

, - j pooltry delivered at Indianapolis: Fowl*. g*| ”2® f CHICAGO May 20 (United State* bureau . 30c Urge bro Vr* 50fe55c rooster*. 18 1”;?222 o* Markets report*.—Cattle—Receipts «18c: stags, lbs turkeys. :iO©35e: ducka. 2SJ2 l 2.500. no trading today. Compared with a ; 18®22c; geese, 12® 18c; equabe. a dozen i *-UA'ono w ' wk ■A® 1 Heavy beef ateer*. steady to , 11 lb* to the doxen $7.50. ifOlOOOo SCSS ° th r Pn Jobber* buying once* for

i htxher: caivee. 50c to 3100 higher. — * •

■ other clasee* steady

12.742.000 ' Ho*»—ReceiDt*

Common to medium afteep.

Good to

Chic age Live Slock.

$1-65# 1.66. and ‘feptember $YVf%H ’ 1.58. were followed by gains all j around and then something of a re-1 action. ' I

Toward the last. May delivery was j p. I ^* n *'J^ Dn ?V_ 1 ? ,!< ' , Yf

unsettled. l%c net lower to **JC S hamper. Louisiana green $3.00 a hamper, vance. with July $1.66% to $1.6®4 Beet*—Louisiana, $1.00 a 65 lb bag; and September SI.68% to $1.54 j Florida. 85c a doxen; hothouse red. 91k- x Oats strengthened with corn. I doxen bunches; home-grown. 60c a doxen After opening unchanged to 17*c ‘ bunche*. southern. $150 a doxen bunches, higher, including July at 88% 4?S34c, i Bru**els Sprout*—California. 25c a quart the market steadied at a moderate Cabbage—Xew Florida. $4JgO® 5.00 a

p-n.r,. ,dv.„c,

Si '6% 71%

176

30% 38% 25%

26 % 42%

85% 90% 32 %

28% 94%

85% 117% 77% 48%

NEW VORK. May 29.—The actual condi-

tion of clearing houaa bank* and truat com iMltic* for the week xhow* that they hold $24 .'l|* 800 reserve in exeeaa of lagal re-

in Thl* ia an increase of 318,648

...» In«t week

statement follow* Actual condition— loan* discount*, etc,, 36.146.181.000; in-

in i

The sta

in own vaulta.

6*042 000. Cash ederal Reserve Ha

#e $2,1(10.000. Renerve in Federal Re Bank of member bank*, 3671,674 000: “ $28,207,000. Reserve tn own vault*.

truat companies. $8,698,000.

member* Fedarat Reserve Bank, 306,644.000 d. create $2,100,000. Reserve in Federal Re

aerve Ba

tm-reaee. mmBBBSBBBSBU etatc banU* and truat jmmpante*.

NEW TORE May 29.—Liberty bond final price# todey were: $%>. $91.70. first 4*. $87 60, aemnd 4s, 687.14; first 4 %e. 967.89; second 4%s. $87.82: third 4%«. $01 to. fmirth 4%#. $88.80: Victery 3%*. $00,02; Victory 4%a. $06 06

state hai ufciiKJ

aae. $270,000. Reserve in

$8,601 oepoet $0,8.'l(

PpB .. , ■itane*. »k* and truat companies. $9,836,000; $204,000. Net demand deposit* tUstwe deposit* deducted. $34 009,-

OOOi, »4.272,025,000; increase. $67,900,000. Time deposit*. $251,4.*>ft,000 decrease. •42,000 Clmtlatlon. $35,009,000; increa**, 3102,000. Aggregate reserve, *500 108.000. F.t< »•«* reserve, 324.838.800, increase. 910,648.400 |

fiummary of *tiae bank* and trust com-

pmtUw in Greater New York not Included in olearlnf house •lateaieai: I^osn*. discounts, etc., 9776.164.000: decrease $2,152,500. Gold, 98 503,800 increa*#. *340.000. Curremy ami hank note*. $18,866,200; increase. 901.400. Deposit* with Federal Reserve Jhitik of New York. $74,839,700: decrease. »i Ml0,500. Total deposits $646 326.800; deerrarr, $10,229,800. Total deimaila eltmInaaing amounta due from reserve depositaries and from other banka and trust companies In New York city and United tit ate* deposit*. $797,277,800; decrease, ». 008J00. Banks, cash tn vault, $35,769.100. Trust companies, rash in vault, 976,-

uiTd^.Iirimint of^agriculture hTs'Uiectwi Jf^^S^w*? qa * l,t3r ' }} tSS}! S rke county. Ohio, as one of the ^untte. ^ "J Srt sUtT^SO Ib. dock 10 no*’" f"

this

WINCHESTER Ind

81*

D«r .

tn which to investigate th# damage done by wheat rust and the relation of this damage to the berry buehee. The work will not begin before July 1. as the funds appropriated for that purpose do not become avail-

able until that time.

PETERSBURG ind” May 29—Strawberries are atill eelting at 35 cents a quart, while gooseberries bring 45 rent* a gallon. May cherries are ripening, but the frost greatly damaged the crop, and few will be idaced on the market. Blackberry and raspberry buahe* are blooming, and there will be a big crop of berries The late frost killed all the apricots and mulberries.

—May 20— A big decrease tn the receipt* of hog* was offset fry a slump in the demand and with Apparently more hog* than the trade required prices fell off ISc. At first practically, all the good hogs, regardless of weight, sold at $14.85, but when the early demand had been supplied the market weakened and a few sales were made at $14.76, 10c lower than the opening and 25c lower than for the day before, i Most of the hogs that suffered the greatest decline were heavyweights or stock that came from the truck division. I^ater in the trading some of the local packers increased their order and with a demand for about 1.500 hogs for outalde account the supply | of 5,000 fresh hogs and 3.000 layovers was cleared and the final sales were i at $ 14.86, the same as at the opening. The average of the general market was affected by the sales of throwouts that were 25c to 50c lower. Pigs were not plentiful, but the demand was small and sales were usually from $13.00 down. A few odd sows sold at $12.36 to $13.59, but most of the business was at $12.25 down. The loss in receipts of hogs was 8.000 from last week, hut there were 14.000 more than for the same week a year ago, when there was a Friday and Haturday holiday. It will require only about 7,000 more bdgs for the receipts this month to equal those for the same months a year ago. the largest on record for the month inf May. In the receipts of 832,000 hogs at eleven markets this week, there were $.000 less than last week, but 98.000 more than the same w-eek a year ago and 205,000 more than ,two years ago. Thus it appears that current, supplies have been abnormally large and an adverse change In values would have been natural, but there was no i material change and this reflect* confidence among packers that hogs at the present price basis are a safe investment. A week ago sales of hogs according to average weight ranged from $14.10 to $14.85, with the predominating price $14.75, General sales now at $14.85 are probably a fraction higher than the average cost a week ago. On Thursday and Friday of this week most of the good hogs sold at $15.00.

Rage.

Good mixed. 160 lbs. up av. $14 75HI4 85 Assorted. 160 to 250 Iba. av. 14 764114 85 Assorted, 250 to 275 Iba. av. 14 75$. Selected. 275 Iba. up 14 50®

Fat hog*, weighing down to

140 Iba 14 00 Q14 50 Fat back pig*, under 140 lbs. 13 OO down Light pigs 18 00 down Feeding pig* 18 00 down

Hogs—Receipt#, 12.000 mo#Uy 15c to 25c lower; top. *15.10; bulk light and light butchers. *14 ftOfc 15.00: bulk. 250 pounds and over. .914.30 <@14 65: pig*. 25c lower, with bulk at $12 0©@ 12.50. - , . Sheep—Receipts. 3.000: practically all of today's arrival* were direct. Compared with a week ago: Beat lamb*. 50c to *1.00 high er; common and medium lambs. *1 00 to *2.00 lower; sheep *1.00 to $1.25 lower.

_j*

OTHER LIVE STOCK MARKETS. EVANSVILLE, Ind.. May 29 —Cattle—Re-

NEW YORK. May 29.—Butter—Easy—Re-

2,01 % 1 87%

1 90

JggJ^E stock, delivered at-, indisnapohs. } )t ' 334*300. Jobber* - selling price* for cream- ■' u, -

ery butter, fresh print*. 55 @ 57c. CREAM—Indianapolis buyers paring 55 Sr

56c a pound for butter fat. delivered at In-

Caaafola.

CHEESE—Jobbers’ veiling price*: Domestic Swiss. 60@02c; New Vork full cream. 33c- brick 32(g 34c Wisconsin limburger. 3,@38c Wisconsin daisies. 34c: New York limburger. 37 @ 38c: Long Horn. 34 @ 35c: Neufrhate! large $2.05; small. *105: im-

ported Swiss, $1.00 a pound.

provision*, despite,

^ k TSL.V?Lv?J'.“:; JSS.»: I as .

*7.00 a crate. *2 00®

2.25 a doxen

Chive*—Louisiana $1.75 » doxen pot*. Cocoanuts—91.50 a dozen. Cranberries—$3.00 a bushel. Cucumber*—Terre Haute hothouse. *2.00

a doxen.

Date*—Three doxen boxe*. $5.50; Drome-

High. 2 30

2 01 %

1 90

Low. 2 20 1 99

Close.

30 on

1 87% t 89% ♦

CORN-

May i 89

July.

Sept

1 91

1 87,

66 65

1 1

1 63 1 52% OATS— May 1 04

1 66% 1 04%

1 54

I 05

87% 06% flrt%

1 51% 1 54

1 58%

1 03

July.

oelpt* light; eeipts 4 361 tuh«; “creamery higher than, better graMdk** of butdher itifcr* and neif^rs. j extra# 60 , 4 6/rile* «»n»».rn#*rv »9*3 plain gra#*y kinds m light demand and bare^ #con ., 59%fa6<V: packing itock current jp™.

J222T ,l£,£ 1 “***• No . A 40% @ 41C Eggs-lrregular; i PORK a

89% $8% 75% 75 %

>09% 70 %

steady;.. axid.. fcederii steady, ctioic© ^ 40 lOU r-nfH**! ^o-adted extra I 401 prime ^teer^. $12-00613.00; butcher *t^ erp .: Ursts 45^ ii 46 | %c 435 4• fresh i ^5 @12.00: medium to good. $8.00@».50: <‘om-, „ _ July 20 10 ^o , ?ce t0 98 1 25 n @ 0$p?W^od° *7.00 ! ^^52 %^@ 58 %c; ftcy dairy U 48e; packing

&B*$k sgas-<sg

@13.00; medium. $9.00® 10.00; common.! l«c\ turkeys hens 3o® 38e: guinea*, young. $7 00 down. Sheep and lamb*—No receipt*, j doxen *6.00. Eggs—Fresh gathered, 39c,

Hog*—Receipts, liberal: market 10c lower: | seconds. 33c.

and packer* weighing 160 lb*, and 85: lights weighing 130 to 150 lbs..

31 02

Sent 21 90

RIBS—

May 17 80 July 18 25 Sept. 19 00

32 75 34 25 35 55 20 70 21 15

35 34 34

*0 47 21 02

04 03 8P 88% 75 % 73 %•

32 75 .35 15<\ 20 50• 21 10

22 00 51 90 21 90

17 80 18 30 19 05

•Bid. tA*k. jNominal

17 75 18 26 10J>0 -Split

17 77 18 3«i 19 on

CLEVELAND, May 29.—Butter—Creameo\ in tubs, extras. 58%@59e; firsts. 57 @»7%c; prints 1c higher; seconds. 53 @ 64c; packing. 35 %c. Eggs—Western first*. 42 %e. Poultry—Chickens. 45c; light fowl*, 36 @ 37c; extras. 40c; roosters, 24c; spring-

er*. 40c.

ippmg steers, i «»uu to LAFAYETTE, ind . May 29—Packers’ lb*^ *10.00@ 12.50: common to medium . buying prices; Butter—30c. Egg*—33c. steer*. 800 to 1.000 lb*.. *[email protected]: choice Poultry—Old cock*. 13c; fowls 23@28c: butcher heifers, 1.000 lb*.. $9.Off® 11.50: I old tom turkey*. 25c:* hen turkeys, 35c; choice butcher cow#, heavy. $8.00@ lO.oO , ducks. 15c: xeese. 15c; fancy stock worth veals. 140 to 180 lb*., good to choice. *7.00; more. Spring chicken*. 2 lb*, and over. 40c. @1100; heavy calve*. P O 0 ** 7 00 - Sheep | CHICAGO. May 20—Butter lower; oream-—-Choice fat ewes. [email protected], common 1°!ery. 41@52%c. Egg*—Lower: receipts,

mark.

up. *14.65: lights weighing

*18.90: heavy pigsr *11.50 down: light pig*. *9.00 down: roughs. *11.25, with dock on ■tags. Plain hog* and piggy sow* hard to

find an outlet for at any price.

LAFAYETTE. Ind., May 29—CattleBest heavy shipping steers. 1 300 to 1.500

fair sheep*“$2.50@5GO good JW; j 2?654 cases; firsts. 30® 40c:

lings, *8.00@ 10.00; lambs, *12.0()tt 14.00, j included. 37 clipped. $10.00® 12.00. Hors—Car hog*. | »vtrni> 4-» a.

14 85 14 75

Bnpplim.

IDealera’ Selliug Prices 1

Lumber-—Sk4x12 to 16 feet. *75 00 ; 2x4x 10 18 and 20 feet, 977.00: 2x12 to 16 feat. 172.00 ; 3x6x10. IS xnd *»« ♦—• «'rxoo-

N.Y.Federal Bank Statement

$72.0(1; 2x6x10. IS xnd 20 feet. *76.00. 2x8x12 to 16 feet. 975.00; 2x8x10. 18 xnd 20 feet. 977.00 ; 2x12x12 to 16 feet. *76 00; 2x12x10. 18 and 20 feet. *77.00■ ■ ■

Board*—1x4, S2S. clear finish. No. 1 common, *106.00: No. 9

$170.00; common.

NEW YORK. May 29—The atatenirni of lhe condition of the Federal Reserve Bank of New York nt the close of business. Mayq 28. show*: Total gold reserve, *568. 301.326: total reserves. $074,188,225. total earning assets, $1.063 728.812; uncollected item* and other deduction* from groa* depoeite, $171,030,501; due to members' reserve account $760,578,808: total gross dr posiU. $029,010 (123: fedm-ad reserve note* in actual cimil.iUoo $854,837,585: ratio of tnlal reserve* to deposit and federal reeerve nolo Uabilltle# «'otnbined. 41 8 per gent.

Discount Rates Advanced

*75.00; 1x6. 838. cleer finish. $180.00; No. I common, $105.00; No 2 common. $80.00; 1x8, 828. clear finish. $180.00; No. 1 common, $105.00; No. 2 common $80.00; 1x10, 829. clear finish. $130.00; No. 1 common, fillb.OO; No. 3 common, $80.00; 1x12. 839. dear finish. 3190.00; No. 1 common.

•116.00: No. 2 common. $86.00.

Drop Siding-—1x6. clear, $140.00; No. 1 common, $127.50; No. 2 common, $85.00; 1x8, No. 1 common. $110.00; Not 2 com-

mon. 966.00.

Bevel Siding—%x5 and 8. redwood, clear, 9110.00; select. *96.00; %x5 and 0. poplar, ear. *106 00; select. $100.00: %x8. cy-

■eaa bungalow, dear. *100.00.

Flooring—1x4. Y. F.. clear. $150.00; No. 1 common. $140.00; No. 2 common. $80.00; " * on. $120.00; No. 3

common.

No. 1 common.

NEW YORK. May 20—Another advance of discount rates, making the fourth rise since last November, was announced today by iho local Federal Reserve ‘Bank. The rate* become effective next Tuesday. The commercial paper rate wa* advanced from 6 to 7 per cent.; loan# on Liberty bonds and Victory note* from 5% to 0 per cent., banker* acceptance* from 6 to 0 per rent.. «nu advance* on treasury certificate* of indebtedness from 5 to 6 % per cent. According to the official statement of the bank todgv • action is merely "a reflection of existing credit .«ondi(ton*,'' and bring* the bank rates up to those now prevailing in the general market h

Dry Goods. {Indianapolis Wholesale Prices';

BROWN Vkc; Mi

laxim

MUSLIN—86-inch. Laurel C. cu LL. 24%c; Manitou LL.

56%c: Giant. 28%c: Cabiet W. Sic; Cabot

S5c: Indian Head. 36e.

Y. P.. No. 1 common. v ^» v .wv,. R§: I 977.60; 1x3, maple clear. $260.00; imraon $335.00; No. 3 common,

*210.00.

SHINQLK9—6 to 2x16. •A*. 90.50; 6 to 3x18. extra clear*. *10,00. PLASTERS AND FINISHES—Stqiwwall. No, 1 prepared, first coat, cloth *acx. 7Bc: Ivory Neat, 80-lb. paper sacks, 90c; Ivory Neat. lOS-lk cloth *aclt*. *1^5; No. 1 moldinf pla#Mr. 100-lb. cloth. $1 55: No. I molding plaster, 80-lb paper. 91.10: Michigan stucco, 100-lb. cloth. $1.15; Poxxo stucco. $1.80; Superior oiaster pari*. 80-lb. paper. *100; Superior piaster pari*. 80-lb. paper, $22.00 a ton; FFF dental plaster pari*, wood. 260 iba. each, $6.25 a barrel; Snowftak# dental plaster, wood 820 lb*, each. $6.76 a b *MDRTAR FOR BRICKLAYERS—Novu*. prepared. 100-lb. cloth sacks, 70® 90c. MORTAR COLORS—Jamestown, red. 10-

ub. sack*. 3@&c.

PORTLAND CEMENT—Cloth, a bag.

91 JiO; paper. 91.00.

LIME—Finish, hydrated. 50 lb. tack*. 60c each; Ma*ou hydrated.

57c.

^ 12 60

Salea In truck market 14 76 @15 00

Beat heavy Hog* a year ago. 20 75 Best light hogs a year ago.. 20 60

Moat of sales a year ago... 20 60@20 76 Receipts of only 300 cattle was an element that ordinarily would cauee a lack or interest among buyers. In addition there is a holiday at the packing: houses on Monday. The only cattle sold to a local killer will be held In the yards over Sunday. Necessarily the trading was principally with speculators. Apparently all kinds sold steady at prices prevailing on the day heforre. There was also a steady market for calves at $16.00 down, rarely higher than $15.50. and the feeder trade was nominally steady. The movement In prices of cattle this week was not in keeping writh a decrease of 1,300 in the receipts compared with last week nor with the developments in this line of trade In other markets. At one time in the week there was a decided loss in prices of nearly all cattle that are used in the manufacture of th‘e various kinds of dressed beef. Female butcher cattle prices did not recover all of the loss but present prices for steers are practically the same as a week ago. Some of the plain heavy steers also mav not have made a full recovery, but light steers of all kinds, especially those on the choice yearling order, are steady at last week's final prices. Heifers at $12 up and good beef cows are still 25 cents to 50 cents lower than a short time ago. Most of the steers here this week sold at $12 65 doWn, heifers at $12 50 down and beef cows at $8.50 to $1Q. Calf prices are now as high as they were just previous to the bad break a week ago and $1.00 to $1.50 higher than on Wednesday this week. There was little fluctuation In prices of stockers and feeding cattle and the demand was again chiefly for the

light kinds to put on pasture.

Cattle.

KILLING STEERS—

Extra tooA. 1.000 nm. m. ..012 75«13 00 Good to choice. 1.260 lbs up 12 25® 12 60

$14.70; truck hog*. 170 to 225 140 to 170 lb*.. *14.10: 225

$14.3i> 250 to 275 lb*.. *14.10: 27o lb*, up. 914.00 100 to 140 lbs.. *10.00® 12.00;

stag*. $11.00; roughs. *12.00.

ST. LOUIS. May 29. (United States bu-

paeked ' 42®

reau of market*!.—Cattle—Receipts, 2.000; no sale*. Week* review: Heavy steer*, o® 75c lower; other*. 25c lower; quarantine steer*. 50c lower: finished yearling* and heifer* a shade higher: other*. 50o(o*1.00 lower; bull*. 25@ 50c lower: cows. 50c@ $1.00 lower; canner and veal calve*, steady; Stocker and feeder steer*. 50@75c lower; slock cows and heifer*. $1.00 lower. Hog#— Re.«pt«, 3.500; steady; top. $14.85. bulk, light and medium weight. $14.50® 14.7o; bulk heavies. $14.40® 14.70. Sheep—Receipts. 300; no sale*. Week * review: Clipped lamb*, steady; spring lamb*, steady to 25c.

lower: sheep, $1.00 lower.

KANSAS CITY May 29 (United State* bureau of markets >.—Cattle—Receipt*. 1.400. For week: Choice and prime beef steer*. 15c lower; heavy, barely steady, yearling* and fat cow*. 60c to $1.00 lower: bulla, steady; veal* and calve*, steady to 50e higher Hog*—Receipt*, 600; all weight* fully 25c lower than last week* Average: top. $14.90; bulk, light* and medium*. $13.76@14H0; bulk heavy. $ld.7i> @14.16. Sheep—No receipt*. For week; Sheep. 25@50c lower; cUpped lamh* and yearling*, steady: spring lambs. 50@76c

higher; goats, [email protected].

BUFFALO. May 29—Cattle—Receipt*. 300: steady. Calve#—Receipts. 350: steady:

$6.00 @16.00. Hof*—

steady to 15c higher: heayy. $15.50«16/75. mixed. $15.75 @ 15.90 . Yorkers. $15.90 @ 16.00; light Yorkers. $14.o0@lo_o0: pigs. $14.00 614.25: rough*. $12.25® 12.50,

- ’* t

hog-. I eilras,' '42 % cV sUir^e^pa. kT Lr.u/ lbs.. $14.00, 42 %c. Poultry—Alive unchanged. m KANSAS CIT\Qa,! 29—Butter—Creamery extras, 58 is < T’xSfi'.WHis. 58c: packing stock, 30c. Eggs—Current receipts, a case. $14.30; firsts. 30c. Poultry—Hen*. 31c; broiler*. 45 @ 50c; springers. 40c; roosters,

17c: turkeys, 42c.

NO BIDS FOR POOLED WOOL

Chicago Cash Grain.

CHICAGO. May 29—Wheat—No. 2 hard. $2.75' tin X n«r*W»fn «C>

—N.

75; No. 4 northern spring. $2.81. Com Mo. 2 mixed. $1.89® 1.00; No. 2 yellow. ^.89 @1.91 Oats—No. 2 white. *1.06® 1.07%: No. 3 white, $1.04% @1.07. Rve— No. 2 $2.24 @ 2.25. Barley—$145® 1.56. Pork—Nominal laird—$20:50. Rib*—817.75

Nominal

Pork—Nominal. $17.25® 18.25

Lard—$20.50.

NEW

Mew York Grain.

YORK. May 29—Flour-

14.50® 1

Ribs——

-Firmer;

•pmig potent*. $14.60® 15.50; spring clears. * ba * of 54

[email protected]; winter straights. $18.25@ ! 1.00 14.25; Kansas wv.#-.

straights $13.75 « 14.75.

Com meal—Quiet: yellow ‘granulated. $4.75 ®4;97%: white. $4.80 @4.87%. Wheat— Spot, firm; No. 2 red and No. 2 hard, $3.12. and No. 2 mixed durum. $3.10 c. t. f. track New York export. Corn—Spot, easy: No. 2 yellow. 92.13%; No. 3 yellow. $2 11%. cost and freight. New York. Oats—Spot, unsettled: No. 1 white, $1.40® 1.43, nominal. Hay—Easier: No. 1, $2.70®2.80. Hops— Steady. Pacific coast. 1919. 05e@$l.O5; 1918. 90® 05c. Pork—Easy . mess. $41.00 @42.00; family, $50.00® 53.00. Lard— Easy: middle west, $20.80 @ 20.00. Tallow —Easy: special loose. 12@12%c. Rice— Firm: fancy head. 14® 15c; Blue Rose. 13%

6 13 % c.

OTHER GRAIN MARKETS.

KANSAS CITY. May 29.—Cash wheat— Unchanged; No. 1 hard. [email protected]; No. 2 hard, $2.956 2.98; No. 1 red. $2.02® 2.93; No. 2 red, $2.88 @2.90. Com—About

[Special to The Indianapolis News! COLUMBUS, Ind.. May 20.—Wool buyers

who gathered to submit bids on the Bar tholomew county wool pool left the city without making any. They gave various

reasons, one buyer saying his company, had , * lrUi all the wool it could handle, and another steady: some mixed lo higher: some white, saying the freight situation was such that i %e lower; No. 2 mixed. $1.88® 1.90; No. 2 his company could not get the wool white. $1.95: No. 2 yellow $1.98. Oats— shipped, adding that all the wool it wa* 1 Nominally unchanged; No. 2 white. $1.10® receiving at present was in small quantities 1 1.11; No. 2 mixed. $1.07® 1.08. packed above egg eases in car* coming into CINCINNATI, May 29—Wheat—$2.96 @ h, »he W «re®“h,i hat at t J ar ‘ ou » t '* h £«' i *!.98. Com—No. 2 white. $2.04® 2.05: No. L..VYL J U buy T 1 eUher were “' ,b 3 white. $2.036 2.04; No. 4 white. $2.01®

Common to medium.

1.100 to

12 00® 19 36

12 00 0 13 go 11 50® 13 00

•auk*,

paper sack*.

paper 60-lb.

mond B. 33%c: Onward. 31c; Montauk. 32* 1<0 WIDE' SHeV^PING—Pepperill. brown. 42- | inch. 49«; 45-iueh. 44c 48-ineh. 48c 8 4. 69c 8 4. 78c; PfcppenU, bleached 46 inch. 47%c - 64 63c: 8 4. T8c; 9-4. 86c; 10 4. ; Monument brown. 42-inch. 42c: 45 t. 44c; 6-1. 64c; 7 4, 62c. 8-4. 69c y 4 ; Monument bleached. 42-tnch. 44c; 45tnoh, 47 %c; 6-4, 63c. 7-4, 70c; 8-4. 78c; 9 4. 86c: 10-4, 06c; Utica Brown. 58 inch. TOc: 0leached. 6 4. 72c; 7-4. «2c; 8-4. 91c; 10 BLEACHED CAMBRIC—(fiartsaa. 37 %c; Barkley No. 60. 45cl Berkley. No. 100, 56c; Nainsook No 100. 56c» Winona. 36c. Prim* —Amancan shirting*. 21c: American grays, «2c; Amarican check*. 22c; American Cal cults* 29c; American indigo*. 23c; American * ' 88%c. Hamilton twill*. 28 %c; We*tnioreiand oretanne*. 3«c: oil orai.ge (plain >.

23%c: oil green

14 %c: No.

33%c: oil red, (plain*. 23%c: ml (plaint 93 He; ’Dreadon drat^ry. 34c ■ HOSPITAL GAUZE—36 inch. No

>1*8—Grocer mixed 32c: bonbon*.

13 %c; No. 65.

1?U ?82*?u

ISO

«. 55

H3%c; 7-ounca. 36%c: 8-ounre, 40c; 10pimot. 50e: 12-ounca. 60c: Cypres*. IOoimce. 36 inches. 62 %c: 12-ounce. 40 ^^ncklNG^OaklandL No. 200. 27c; Lar I eastnr. plain. 36 tnjb 70c: mattress. 52 %c;

Iiookfoki. 45c; Portland XXX. 62 %c; BUNTING—Tobacco doth. 36-

femb 7%c; Parkway. 11 %e: Hyde Park.

11%c; Kenilworth. 17%c.

Tinner*' Sopplias.

[Indianapolis Wholes^* Prices! bright tin. 314.00® X20. bright Qn. $17.00® tern*. $20.00 ® 25.00 a Id style. $26.00 @ 36.00 a a lb . Un in bars, 82c a

43%‘c a pound

xbwn-ounce. 32 % c *

f, '96 %e •* lb.

« ib.

;,» '

Grocertea. (Indianapolis Wholessie Price* 1 BEANS—Michigan navies. 9%c: Pintos, “■SL!?'' ,4c; mace. 75c; nutmeg. 4l@48c: pepper, black. 90c; *hot. 31e; white, 35c; ground (pure pepper 1. black. 32c: white. 37c; cayenne. 33c: dovee. ground. 55@6l>c. TEA—Imperial. 42®We; gunpowder. 40 @58c; Young Hyson. 63® 73c; English break last. 48® 50c; basket fired Japan. 29

@46c.

CARPET BROOM8—Best $17 50 a doxen; No. 1. $9.85: No. 2. $8 00. No. 3. $6.00:

NwBwh

37c.

BALT—Table salt, a barrel, in 2 ib. sacks. $7.50; common fine, a barrel. $3 25; mepXc^AOfe TOTT**—Mre Rohrer-*. 47e: OM Reliable 46%c; Arbuckle. 38 %c. SIRUP—Corn, light. a lease. No. 10. $5.20: No. 5. *5 55: No. 3%. $555: No. 1%. $3 60: dark No. 19 $4 70: No. 6. 94*0: No. 3%. 96.00: No. 1%, S3 25

Retail Deal Price*.

(Quotation* by A. B. Meyer A Co.l Indiana Linton No. 4 Inmp $ 7 50 Indiana egg. nut 7 50 Indian* min- run 7 00 Indiana nut and slack 6 25 West Virginia apUnt lump 9 75 Kentucky eastern lump § 75 Pocahontas shoveled lump 11 ©0 Pocahontas min* run 9 50 Pocahontas nut and alack 8 00 By product coke, all aises IS 50 Anthracite, egg. grate, store 14 00 Anthracite, nut . 14 60 Bloaaburg. smithing 11 00 West Virginia cannel 11 50 Ulinoia lump. Harrisburg ...... 8 50 Coal and coke at our yard. 50c a ton lea*. Kindhng with coal. 15c a bundle Separata deb very, ten bundios. $200. Charcoal. 20 pound* to the bushel, wagon lot* 45c. small lota, 50c.

Extra service - hargei:

75c a ton dumped and wheeled, extra man. $1.00 a too wheeled from wagon by driver. *1.75 bags a ton ground floor. $1.50 bags a ton carried into cellar. Wholesale Beef Price*. Current wholesale price* of certain beef cuts by Swift A Co., are as follows- Rib*. No 3 28c. No. 3 35c; loina. No 9. 25c; round* No 2 26c; No 3. 25c; chucks. No. 3. 12c. < ^fiiAififii M®. 3. 106. J

lb*, up

Good to choice.

1 200 Ibe Common to medium, 1,100 to 1-200 iba Good to choice. 1.000 to

1.100 lb*. ... U 76® 13 69

Common to medium. 1.000 to

1.100 lb*. 1® 25®11 50 „ Good to best under 1.900 lbs. 11 50@13 60 Meier Pack. Co. Poor to fair under 1.000 ibs. 10 00® 11 00 A1! others

Good to choice yearlings ... 12 50@I3 50

13.00: ewes, : $19.00® 12.50. CINCINNATI. ~ --- - . 2.500; heavies. $14.00® 14.50; packers and r„d oo r.£°: $6.00® 13.00; cows. $8.00® 10.50. Calves— Strong. $6.00@ 16.00. Sheets—Receipts. 700; steady. $4.00® 13 00. Lambs—Steady. 310.00® 20.00. CLEVELAND May 29.—Hog«—Receipts. 2.500; market steady to higher; Yorkers, $15.15; mixed. $15.75. mediiftn. $15.25, pigs. $14.00; roughs. $1L75: stags. $8 5Q. Cattlw—Receipts. 200: market strong. Sheep and lambs—Receipts. 500: market top, $18.00. Calves—Receipts. 400; market steady: top. $16.00. PITTSBURG. May 29—Hogs—Receipte. 3.800; market lower; heavies. $14 50® 15.00: heavy Yorkers. [email protected]: light Yorkers, $lY.00@ 14.50: pig*. $13D0® 13.60. Sheep and lambs—Receipts. 600; market steady: top sheep, $10.00; top lambs, $17.00. Calve*—Receipts, 350: market higher; top, $15.75.

Receipts and Distribution of Live Stock at Indianapolis —Week Ending Friday, May 28— HogSi.Cattle. Calves .Sheep.

771

Receipt* 02.117 5.811 3.928 Shipped out 25.699 2,472 2.553

Local purchases;

Kingan A Co 25.817 1 739 404 Indpl*. Abattoir Co. 1.858 1.288 435

- “ 03

Armour A Co 3 303

Worin A Co 450 70 Brown Bros 201 175 Hiigemeier Bro*.., 880 5 Crescent Pack. Co.. 279 30

River view Pack. Co 237

- - 271

822

5 i 4: Si 25

215 151 33 27 106

nutting no bids or such low ones that fanners would not sell. Wool sold here last war when pooled at 50% cents a

pound.

This year the pool is much larger with more than 1,200 fleeces. Those attending the sale said that pools are in operation in Franklin, Muncie and in Spencer county and that though bids had been received,

none is yet sold. Muncie the largest pool in

numbering 150.000. A large proportion of the wool in Indiana is said to be held in pools, unsold, because the holders refuse to release their wool at a lower price than last year, when practically everything connected with the wool industry was selling for less than at present. One prospective buyer, from Boston expressed the belief that there would be a sharp advance in the

price of wool this summer.

SHELBYVILLE. Ind.. May 29—No bids were offered on a pool of 1 200 wool fleeces, made by farmers of Shelby county. Buyers were present from Shelby county. Louisville and Boston but they said that because of the low market they believed the farmers would not accept any bids they might make. The farmers are now considering the proposition of either turning the wool over to a commercial firm to be sold, or storing it here until the market is higher.

2-03; No. 2 yellow,' $1.97® 1.98: No. 3 yellow, $1.96@ 1.97: No, 4 yellow $1.94@ 1.98; No. 2 mixed. *1.90® 1.07. No. 3 mixed, $1.95(0 1.90: oN. 4 mixed^ $1.93® 194. Gats—$1.13® 1.14. Rye—$2.05®

2.07. Hay—$44.50

MINNEAPOLIS. May 39—Flour—Unchanged; shipments. 53.525 barrels. Bran

icde is said to have 17

Indiana, the fleeces ^Vt^-N^Wte.^fDO UO^f.

Mrx 1 fiA 07 1 0

Flax—No. 1. $4.07® 4 12 LAFAYETTE. Ind.. May jf 0 j ts- o *•» 19

29.

x, $2.75; No. 2, $2.72. Corn—No. 4 or better (03 ins. to the bushel), $1.73. Oats—

-Wheat-

White. 98c: mixed, 93c

No. 3. $^82

Rye—No. 2, $1 85;

CORN AND WHEAT BULLETIN, £££

Indianapolis

r the twenty-four hours ending ; . ninetieth meridian time. May 29,

at 7

Station* of Indianapolis

District.

Tenipe.a-

turs.

j Precipitation,

Inches and hundredths.

•

"Si e£ Si y) £

1 2

•4— * 9

South Bend.... Ft. Wayne Wheatfield .... Royal Center..

71 47 70 62 77 j 43 72 | 48 73 48 73 | 57 74 ■ 48 71 54 79 45 74 i 56 81 i r.fl 81 i 51 83 | 58 87 j 64 84 j 62

0 | Clear o Ptcidy 0 Clear 0 i PtCldy

Lafayette ..... Farmland ..... Indianapolis . .. Cambridge City. Terre Haute . .. Bloomington Columbus Vincennes Paoli ' Evansville ....

0 0

» rt

0 0 0 0 0 0 0

Cloudy PtCldy Cloudy Cloudy

Clear Clear Clear

i Cloudy Cloudy PtCldy

j. H. ARMINGTON.

Chicago

Milwaukee Minneapolis

Duluth ....

St. Louis

Toledo

Detroit . . Kansas City Peoria . ...

PRIMARY MARKETS. (Thomson & McKinnon)

—May 29— <000 omitted) RECEIPTS.

Wheat. Com Oats.

... 94

.. 197 . . 103 80

142

33 23

181

Flour. 27

Totals .. . . (Two days 1 Year ago /

132 20 40 3 085

20 105 00

31 10 50

I? 70 54 74

529

Chicago 136 Milwaukee 31 Minneapolis 193 Duluth 95 St. Louis 80 Toledo 12 Detroit - • * •— Kansas City ... 223 Peoria 11 Omaha ?, Indianapolis 1

... 071 773 1.105 73

SHIPMENTS.

Wheat. Com. Cats Flour.

70 35 10 "28

3 2

10 11 55 15

Totals. 2 days

Year ago

800 954

178 76 17 23 4 ‘ '? 27 52 18 592 707

30 20 54

131 133

New York Baltimore

CLEARANCES

Dom.W. Oats. Flour. . » , . - 4 98

Thomson A McKinnon Market Letter.

—May 29-

Corn—Impowtion of heavy export tax on | Argentine wheat, or possibility of prohibition;

heifers—

Good to beat. $00 np 11 00® 1$ 60

Common to medium, 800 Iba up ® 00 i

Good to beet, under 800 lb*. II 60 <

Common to medium, under

860 lb* * 00® 11 00

cows—

110 50 113 50

Board of Trade Weekly Statement. The weekly statement of the

showing the

1 — of grain

Board of Trade

flour for the week, the inspection and the stocks in store, follows:

—Output of Fkmr—

ni ’A-i of export, together with an advance of 5 to j ji < h«» ; fi cents in foreign bids for wheat here, were:

the early motives in corn. Prices fluctuated

lenient. rapidly between the conflicting influences of Indianapolis j a *sdine of 3 to 5 cents in cash prices and i “ oiitnnt of ^ a growing belief tbat Mondays receipts willi ~ 1 h*. rtisAtmointine' Closine' tone is firm anil ^

be disappointing Closing tone is firm and a few of the more influential traders are).,

modifying bearish views. Considerable of the " Har—Firm No

corn loaded at country points recently has

Totals . .. . 9$ Year ago - INDIANAPOLIS CASH GRAIN.

—May 29—

The bids for car lota of grain and hay at the call of the Indianapolis Board of Trade

were *.

Corn—Strong; No. 3 white. $1.90%; No.

yellow, $1.97%.

Oats—Strong: No. 2 white. $1 12%: No.

d-wy $6.75 a box of 36 packages Eggplant—-Florida. $0.00® 7,50 a crate. Endive—75c a lb; French imported 99c. Figs—California. twenty-four 8-ounce, $3.10; fifty flounce. $4 85; Smyrna. 37c a pound Garlie-r-Cahfornia 40® 50c a lb.. Texas. 35c a lb. Grapefruit—Florida $4.26® 7.50 a box Honey—$8.00 a case; straight i 00 pound cans*. 25c. Kale—Fancy, 30-lb barrel, home grown, $3.50@ 4 00. _ Lemons—California standard box, $4.00 @5.*5. lawks—55c a doxen Lettuco—Leaf, hothouse. 15c a lb.; Ice6 50 a crate; Arixona. $8.00® 9.00 a crate. ao^ n /?Tr: r,or,da $125 @1.60 a basket, basket 1000 * erat ® ^ peppers. $150 a Mint- Wisconsin. $1.00 a dozen, bunehes. Mushrooms—Illinois. 00c@$1.00 a lb S3 OO* Hon^-riown. $1 50. and 83.50 a barr*i. Onion* — Homr-irrown 20c a doxrn bunches; Indiana. $5.50® 0 50 a bag of 100 lb*.. Colorado. $6.60 a bag of 100 lbs - Tp «?f Bermuda. $2.50 a small .-rate Olive Oil—-Domestic, one gallon $4.00.

Orator Plant—40c dox^n.

Parsley—35c a doaen bunches fanev southern $1.00. ' ,anr3r nn P ?K'~w? ri<1 '\ *r’.5pe3.00 , hamper of

Mississippi. $3.00 a hamiier

Pineapples—Ripe Havana. $6 00 @0 50 a

crate.

Popcorn—Iowa and native 9.- a lb —Michigan and Minnesota. 8o a

kVso’ a^Lg M*-4 f ,L’ >0 I $r : ncw Tr ='«* $8.50 a bag of 54 lb*.; Texas Triumph. Whites 8e erao^* % North “ pn Kovmd

n^*.^ ‘ ^L.* 1 ! 00 * bag «f ,50 lbs.

wc a doren

Week’s Trading in Stocks Smaller, But Tone Steady

lay 29enfbri'cd

ures again were enforced in the financial markets this week, as indicated by the amailer operations on the stock exchange. The lone was steadier, however, and greater

confidence previalixi

The process of pri<-e reduction extended to the point where it encompassed provisions and other foods albeit tn moderate degree while such <x>m modi tie* a* textiles and leather* experienced farther depreciation. On everv hand it was conceded that substantial benefits already have resulted from additional curtailment of credits except in instance* where this policy has temporarily affected productive enterprises and legiti

mate business expansion.

The turn into June broughi no apparent

all 1

roughout the wei'

subject to slight hardening

change to the local money market, ca

Mai

lending

loans

hout the week at 0 per cent, it hardening. Time loans run

ning into the midyear were comparatively crghgible however, at 8% to 8% per cent. Sensational advice* in exchange on Germany and Austria, with marked betterment in the Italian rate featured the active dealing* in foreign exchange. France also improved. and bills on London rose almost 10 cents to the pound over the previous week’s

lowest quotation.

Arrival of gold from the orient in pay ment of a loan made to the Omsk government more than a year ago. reversal of ex change on Argentina to the level where gold was released for that account at this center and more acute financial disturbance* in Japan comprised the significant international

developments of the week, 8t. l-oiiIs Fur AnrMon (lose*.

ST LOUIS, May 29.—The spring auction of the International Fur Exchange ended

dozen

Radishes—Home grown

bunches.

Rhubarb—Home-grown, 35o

bunche*.

Strawberries—Tennessee Klondike* *7 *>n

nf at 9a° f Arizona*. $8.50 a crate quart** qUart!,; Ark * n *»»*. *8.50 irate "f “ i

or S 4T^ PO ‘ 8 ‘° M — Jer *‘* y * $3.25

Seed Sweet

crate of 24

hamper

$2.00 a barrel.

bushel

Watercress-—Wisconsin. $1.50 a dozen

Friday, with sales for the seven teen-day period approximating $23,006,000 This was the second largest volume ever attained 111 any raw fur market, according to official* of the exchange, being eclipsed only in the February auction, and brought the total fur sales for the fiscal- year to more than $80,000,000. The pelt* on the present market represented about one-half of the world’s available supply, it was said. Sales for tha Closing day amounted to $1,500,000.

Chicago Potatoes Steady.

CHICAGO. May 29.—Potatoes—Steady receipts 32 cars; Northern White, sacked and bulk, [email protected]. New, steady; Alabama Bliss Triumphs. [email protected]: Loulsl *tm Burbanks, [email protected] a hudredwelght, Florida. No. 1, barrels. [email protected]; No.

2, $12.25@13 00.

OTHER MARKETS ON PAGE 31

Dividend Notice Th* Board of Directors of the Bobbin* Body Corporation, Indianapolis, hi® declared the regular quarterly dividend of one and one-half per cent, on the i per cent. Cumulative Preferred 8tock. payable Jun* 1. 1920, to stockholders of record May 81. 1920. ROUB1N8 BODY CORPORATION, By Vi McMurtrlr, Prcald en t

Old Reliable Stock Pain!

Meat Price Changes Show Derlines. The weekly revision of meat price* br local packer* show* unme decline* ~ ' i* down %c: veal, Ir; lard. %c.

fk-ef

fresh Meal. 1K. BE cn _ r N ? t,Te . Stee '' < 00(1 to 800. lb*.. 21%@2yc; heifer hind*. 6c over car ! W>3\ fnr ?t J*C« Un<ter: tlatlv «' cows 400 700 lb* 18 @ 19c: cow fores 5c under carcasses: hinds tic over carcasses FJIE9H MUTTON—Spring lamb*. 36c; Bnoep, „„ f BE8H VEAL—Carcqsse*. No. 1. 20%@ 23c; hind quarters. 9c over carcasses; fores tc under; saddle* 32c FRESH PORK—Dressed hogs 23c: ten derloins. 60 6/04c. ' DRIED BEEF—Outside 46 %c; inside. 57c: knuckles. 47 %c.

Smoked Meats. , ( Pai'kers’ Selling Prices I HAM—Sugar cured, first quality 8 to 10 lbs.. 44!4c: 10 to 12 lb*.. 43%c; 14 to 16 lbs., 42c. FANCY BREAKFAST BACON—Three to 4 and 5 to 7 lb,*, average. 51 %e SAUSAOJE -- ^* rankltirters, .1D (§f' jjjj ^4c i : bologna 17'.i@19%c LARD—Tierces, first quality. 23 %e; second quality. 23c.

i net cogt yea

thinned

To Increase Bank's (apital. CHICAGO. May 29.—Directors of the Continental and Commercial National Bank of Chicago have authorized increasing th" capital stock from $21.500,O0(h to $26,000,000 and have called a meeting of stockholder* for July l to vote on the proposal. The additional *toqk will be sold to stockholders of record on July I at par.

Old Reliable Stock Faint will

ever 93.31 per gallon when thinnsd down ready for us*. This Is 19#% purs llasaad *11 paint and is of far better quality tbaa ether paints that are selling at fl.M and aver per galioa. So why not buy tbs be** w ben it cost* you l«Mr Seeing is bsUsvtag. Come la and let u* show you this paint Pure Linseed Oil, $ 1.90 per gallon, when bought with paint oasa at store. This la strictly purs aU. aatfl

andar U. •■ pur* food law.

Marion Paint Company I6t 3. Meridian. 1st door south of elsvacsd

create*

Main «*» Aata. *7-779. Branch atare. Ill N Alabama. Mata SML

JJ L ■■ 11,'. ! 1

THE BAKER-SHOOK CO., <00 Odd Fellow Building. Indianapolis, Ind.

Investments 1 » Fort Afreet. Wsst. 1 Detroit. Mleta.

MUIR & ALLEN

Now Phono *1-851. Old, Circle 1*4.

Audits Made

Public Accounting

1116-17 Fletcher Having* and Trust Bldg.

Buy QUALITY TIRE NEWTON

and REVERE MOTOR STOCKS

Sell

415 LKMUKK BUILDING

TODD

FARM LOANS

CITY LOANS

THOS. C. DAY & CO. 709-715 FLETCHER SAVINGS AND TRUST BUILDING.

Good to best LOftOJb* UP^ 10 00@10 50 May 29. 1920 . .

> 00® 9 60 M * y

. v .

00®

9 00 7 50

8 50 ® 9 50 9 00@10 00

8 75 9 30

7 60

Good to choice, under 1.050

Common to medium, under 1.050 lbs 8 tanners >nd cutters 6 50

BULLS—

Good to best. 1.300 lbs. up. . Good to choice, under 1,300 fiur to medium, under 1.300 Common to good bolognas . .

CALVES—

Good to choice reals, under

200 Ibs - 14 00@16 00

Common to medium veala.

Common to medium heavy

Good to choice steers. 800

Common to fair steers, un-

Good to choice steers, under

Common to fair steers. Under

' loice i

May 31, 1919 June 1. 1918

Stock in Store—

May *9. 1920 7 995

—Inspections for Week—

In.

Bushels.

Wheat . 18.000 Corn 323.000 Oats 464.000 Rye 13.000

Hay 29 cars.

—Stock in Store— Wheat. Corn. Oats.

,11s SUVTSi ST.

'haio fn ♦vheat to terminal markets. Not only j is there a possibility bf another disappointR , ' ment in volume of receipts but there is some B “oar reason for believing that larger receipts will ' ■' stimulate a demand A condition of this

nature has invariably developed after market has been depressed ^ ^

Out. has been depressed in expectation of an inBushels. ceased movement. July delivery day only 26.000 j thirty days in future, contract grades are 23

119.000 ; cent* premium. —

140 000

3.000

May 29.

1920

May 31.

1919

June 1.

1918

Rye.

90.680 328 950 109.620 5.640 .153 360 451.050 118.600 3 950 .. 53 130 867 780 256.130 None

Seed Prices.

oo j TOLEDO May 29.—Cloverseed—Prime

i cash $25 00; October, $23.90: December

on $22.90. Alsike—Prime cash $24.00; De

■ember. $24.50 Timothy—Prime cash

Good to choice milkers. . Fair to medium milkers Block calves. 260 to 400 Iba

7 oo 8 00

In proportion to preceding days this week there was a good Saturday run of sheep and lambs but not enough to create competition or to interest the principal killers. The offerings included spring lambs at $14.00. yearlings at $11.00 and sheep from $9.00 down, which was steady, quality being considered. There was a continued poor demand for spring lambs this week and the top price now is apparently $15. against $18, the highest last week. Some of the buyers say they prefer good clipped iambs at about- the same nr ice a* springers, and there seems to Lt about H Uilfergucu belweea tec

■ 1917.

$5.40; 1918. 55.40: 1919. $5.50; May. <5.50: September. $5.80: October. $5.70;

December. $5.70; March. $5.95.

CHICAGO. May 29.—Timothy seed. $10 00

*112 00; clover seed. $25.00 ® 35 00.

Spring Gingham* Higher.

NEW YORK. May 29—Dress ginghams rirtred for spring. 1921. at slightly advanced levels. Gray goods steadier with yarns quiet. Burlaps easy. - ool goods unsettled

and silks weak.

Oil Kaos and Shipment*. OIL CITY. Pa.. May 29.—Credit balances, $6.10: runs May 28. 116.424 barrel*, averxge. 65.609 barrels; shipments 52.213 barrels: average. 55,834 barrels. Evaporated Apples Quiet. NEW YORK, May 29.—Evaporated apples —Ouiet. Prunes—Steady. Apricots and uckdkes—Quieter, ttatguu^—Ftra.

■ Oat*—It is understood a few default* were made on May deliveries. The amount involved ia not large enough to be of any moment. Today's market has been erratic in sympathy with corn. Outside interest is small, transactions mainly by local traders. We view oats market in the same way as corn, namely, the July delivery is at a little too great a discount under cash. Pronslona—There was a little liquidation of July holdings in provisions, but the dullness was the chief thing There is at no time any important pressure on this

market. !

Stocks—Ordinarily fluctuations in a preholiday session would be without significance. but when you consider existing conditions and the pessimistic sentiment that has prevailed, the stability displayed today means something. It means that liquidation has run its course, that ti-aders are now more anxious to buy than to sell. Looking forward we can see clearly a better day for the railroad*. For many years railroad opponents had a great weapon in the cry of watered stpek. The recent valuation remove* the foundation for *uch a claim. We might as well object to Wall street . or LaSalle street rentals because not in line with the valuation of property twenty years ago. Then we have less confidence about price reductions. It is not so certain, but a very useful purpose has been served in forcing liquidation of commodities and liquidating indebtedness. The effect is already visible in our money market. It is unthinkable that the bonus bill in its present form will become a law. though it will no doubt be adopted by the house, and this will give us an unsettled market for a few days, and offer Intending buyer* an opportunity to acquire some stocks at concessions.

Inspections— Wheat—No. 2 red. 1 car. Total. 1 car. Com—No. 2 white. 4 cars: No. 2 yellow. 3 cars- No. 3 yellow. 2 cars: No. 6 yellow I car; No. 2 mixed. 2 cars' No. 3 mixed. 3 cars: No. 6 mixed. 1 car. Total. 16 cars. Oats—No. 1 white. 1 car; No. 2 white. 19 cars; No. 3 white. 2 cars: No. 4 white. 1 car No. 2 mixed. 1 car. Total. 24 cars. Hay—No. 1 timothy. 1 car; No. 2 timothy. 1 car. Total. 2 cars. PRICES AT THE HAY MARKET —May 29— The following are the Indianapolis prices of hay and grain by the wagon load Hay—Loose timothy. $37.00 @ 38 00 a ton: mixed. $37.00®38.00; clover. $35 00©

30 00

Corn—$1.90 @2.00 a bushel. #

Oats—$1.15® 1.18 s bushel.

$14 00 @15.00 WAGON WHEAT PRICES.

—May 29—

Indianapolis flour mills and grain elevators are paying $2.80 for No. I red wheat. $2.77 for No. 2 red and $2.72 for No. 3 red. Other

grades on their merits. Cylinder and Engine Oils.

(Indianapolis Wholesale Prices 1 OILS—Prices f. o. b. Indianapolis: Cyiin der. 84.7©69.7c a gallon; engine. 38.7© 70.7c: dynamo. 38.7c©45 7c: turbine 44.7c; 66.7c: ^machine. 38.7©48.7c: paraffin oil*. BLACK 0iLS—Summer black. 18.7c a gallon; winter black. 19.2c a gallon.

Linaeed OH and Turpentine. (Dealer* - Selling Price*!

LINSEED OIL—A $1.90; boiled. $1.92.

:*llon. ip barrel Turpeu ,i "-—*°

lot*.

tin©—$2.30.

BUTLER COLLEGE SUMMER SCHOOL June 21 August 14 _ COURSES IN Astronomy, Biblical History and Literature, Botany, Chemistry, Economic*, Education. Enjrliih. French. History, Latin, Mathematic*, Phy*lc*, Political Science, Psychology, » Sociology, Zoology. For Information, Address Butler College, Indianapolis, Ind.

CERTIFIED PUBLIC

W ai S i™t N ACCOUNTANTS

* CHARLES L. COEN. Manafer.

COMPANY 1^15 Fletcher Savings & Trust Bldg., Indianapolis

OL D, lH AIM

COLUMBIA Automobile Tires “Mileage” Tubes, Parts-for-Fords, Garage Equipment Most Complete Stock of Automobile Accessories in the SUte, VAN CAMP HARDWARE & IRON CO.

Wholesale Only.

Dealers Write for Catsloy

IMMEDIATE SHIPMENT FROM STOCK Beams, Channels, Angles, Plates, Sheets, Reinforcing Bars, Shafting, Bolts, Nuts, Rivets, Spikes, Rails, etc. Shearing, Punching, Threading to order. Our engineering Department is at your service.

HOLLIDAY & CO,