Indianapolis News, Indianapolis, Marion County, 10 December 1920 — Page 45

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THE INDL4NAP0LIS NEWS, FEED AY, DECEMBER 10, 1920.

AlliiL WETS EM Mill AID

pmcmsiATiisS!

•to T*3rtn* 5Sc

a4:re <xnp.'

to me * poomd. tor me iX'Stfe SiH

Potatoes Now $2.65 a Dag

I^TERDEPENDENCE OF FARM-

The potato market ctmUoam to *h»w

rnerked *e*kn*m, whieit rewoJKsd PriOtr «a another t*ew rm»w qaot^tson trr mmm botme#

aioo* CommiatOoo row., making *

^ SS

for -t<u« mmtm wm tZJio a I.. _

to tUmtAr^ and

r-'ren

Baal'S:

»u». . Th* prertaw k>«-

eon wa«

oaotodt Wadn«MU/. A #laek t« dmuu bKWHsr *hjr,®«rt. from eronrera arc *• Ote tatMe for the fartLsx deeitoe.

cou ' SEL tei i ^fer ■

Totn^oe—Faaey, $1^0 » basket

POTATIMBt—

*”£* "***• $3JJ5

fes.

Sweet Fotatoc*—Eaatem Jrrwrr* S3 04 a Hamper : Tewpaame Saner Hall,^2 J'* ft ‘

» hamper; Bed Star. *4.25 a hW

FEDERAL BANK’S

are held-

The Federal Reaerve Bank of Oilesigo, J, b idvDougoi, governor. In a circular letter to preatdesis of aa tJenai aoci other ear* the pre* ent tlm^f opportune to empjrm fl*c a few cardinal principle* which control the operation of the Federal Reaervt- hank*, from the atandpoint of aoumi totieliwiw aa welt aa i«.(pai rt - quirement, Tlie letter toiiov/m upon the aerte# of farmer-hanker confer ♦hce* held in Ntovernher in Iowa where each iotereat #ot a dSearer Idea of the viewpoint of the other,. The letter aaya in part: Ileaerv* of a bank conaista of a certain proportion of it* depoalta, the minimum amount of which in uaually flxad, by law, and which muet be In actual each or in the form of balance* er hank* convertible into caah nan d, e member bank muat carry the .Entire ietcai reaerve required under ^ the federal roaerve act aa a depvalt with the Federal Reaerve Bank in nrhich It la a atoekholder. The Reaerye Bank nauat keep auc-h reaervee eonatantiy available, aa It* ability to rediscount for ineraberd depend* upon the maintenance of required reserve

depend t*.

Ilaak Maat lie Kanitable.

Redidoounta carried by the Roaerve Bank for member bank* muat be repaid promptly, in order that the remrve bank may he In a poatuon to provide for the requirementa of other ‘ ' bank*. The Jaw entitle* each

member

member bank to reasonable

©cunt privilege*, but it obii««

Federal Itee-erv* Bank to be p to grtkoi redidcountdfl

■rddtaate* the

prepared

oaultabfy, to

and every member bank, even

though ail apply for such accommodation* at tba aame time The Federal Reserve Bank may arant ftn d haa wOtlflfly granted more than ordinary llndf to aom* Inatitutlon* in certain lo-atitie*. but no inatitutlon or local . *0 favored should alaome that! once tranted. theae extraordinary ac(on,niodatJo*»f may be carried Indeflni^ly. dependent for their liquidation dy Upon th* pleasure ot the orl«l-

borrower,

i* payment of d*podlt« and the

1 JftantldB Of weapons! demande yet

com«*. t» dependent primarily upon liquidation or reduction of lorn* held by bank*. To nr ho Comiiquldatlon immediately Is aa •e a* It in Impoealbb*. but a beof the proosds at once i* Inland upon it ipradual and orcontlnuance id dependent th# welfare of the banker*, the tor, the merctiant and farmer All Ltee* ot ladoAtry Affected,

At the farmer-banker conference#, the opinion was frequently expree*id that thd farmer alone is feeling the force of the after-war adjustment now In pmireds. Condition* In other lines of bbsinsMs Indicate that thia

ld«4. It muet

■ I pnee

crapefnut auurket to in

Ibv'rjf'iryruervU*** ***

suoted at S4iWj a clhfwrnia*i,avelj at 90.00 tstfl rraprtraut at *4.75 a crate. TbreatoBing weather bad a depraering influ**** tm trad? wstotiotm/ and retailer* 3E? tgJsr’JzsrvrcEEL

mtiUnm* m lair votaaae.lmi vomAAnS wt earlier to the ,

prwreawnt in nptcUA wort week after next. iS

net up to the jk Am torn-

. Sedtaeapch* price* o* frafto and vegetable*. a* oaoted by «un«iiam*» aaeecbanle to retail trade fodowe:

ntriTA—

App}«a_Barrel*, extra fao«r Jenatfeae*

ratra ioorr

Efe’-gJI mK* Wi"’^ 2rJS?*s *3n«. Jtoo/jr WoM Wvctv. ps op. faiwy WcaHbr* II *>*» 5i» Maiden Bhteh. |l 7S>4»1P0 ctrSf* A vr\rtn*~~t:• i.forota »3 25«3 50 a box

Coceanttt*—*1.21 a d'ism. !

nrtmO‘~moA Hmv-wr, f7.4>0 a drum. Malaga* »H OOte I2UO a ke« | ■

OrapefraH—»4 85^4 75 a box Xamouatfr—norig* *5c a ea«rt

lr>i»4na—CahfenPa. •taudanl l*o« |2 75

,«?»*»: Indiana, yelkm $1 400 l 65 a 100 1b. bay white ft.75 02AO.

flip a twabel

Ba^habra—-Hom^-growyi. 75c » doses

?Smp*—»1A0 a buctu

*1.75

...... at fmasiteitiai OAjr—9\m » rabon. -

Qyater*—Edttimore *3 7509 35 bSTST-*^ * «*• • S^fraa^ a dosen buBehrs

being rood ibe eouthem

South Dakota

for 100 barrels Tbta is in the

end of the Black HiUa diatri<n. and to a pare wildcat. It to a too ibe ftm paying produetfon found in the state. Sfootwia » |»tUog active teats, both in the Cat creek fleld and in the wildcat region, and bar spring the value of this territory will be partly doterm ned. Operators in the Salt creek Seid of Wytntinr are preparing for aaore work, as the government has been man ting lease?

on the properttes formerly withdrawn. Reports from the fields, mefodiog those

east of the Mississippi river, for Movein-

„alber»t .ad western Ohio.

Field.

Pnoztyfraoi* Wen* Tinr-nia. S. E. Ohio .. Central Ohio.. N". W. Ohio -. Indiana glfento] Kentucky

_ * "roimi

a gallon.' Karana

rahsots—Ac a pound, bag lota.

131 123 P 237

esn -m§

{M. Central Texaa 539 Oalf Coast 1«7

i ..i..

FTod. &S4 1523 *50 1-157 #91 74* 4*0 6.01* 20 2,415 13 570 .73 1*7 75J35 47.400 17.2P0

Dry. i

IHinoto.

snnthnaa.

M? 91]ran. northweetem Kentucky other paris >«f that Mate not yet

the drill, western half of Tennessee, north western Alabama, eastern Arkansas, eastern and southeastern Missts-spm. parte of OeotTfa^and Florida, and possibly parts of In the fields east of the Mississippi river the following well* are reported completed:

^ Field. Comp Pennsylvania 8 West Virginia ....... #0 5. E -CT.traJ Ohio... 42

Ohio

S: ggpa ^ >4^girg,%a^gS g ^ s acattered over a wide area of territory. In Jnekaon_ townahip. Jay county, the Develof** 1 ™ <*1 “>d Gas Production Company’s K<m - and S Orpin* Lee farm, pumped 5 and 2 barrels, and Nos. 1 and 3 on the W. A. Lea farau ramped 7 and 8 barrels. O. Ik Arnold’s Nos 1 and 2 Thomas Polling i ps^.rr' ; ^srv^, M s. p sK' S! h I f wi * Thomas farm. pura;*-.j 8 barrel*.

I -j PHno’s

the same company's Ltotenfeldt farm, were

34 Kentucky !.. .

59 - Tmmeosee ■ * 3n 9 41 Total* . . *1*7 3.654 14 71 Prevjpp week 900 3 504 34 41 The veil* by field* and counties in each

follow?:

3 wells 1 gas. 140

^ state are

- ,25-1 barrel*:" Beaver. 4. I dry. 2 gas. l” barrel

Allegheny 1. 50 barrels.

1 ”2 i wVit Virr.n. a—Ri tchie. P weila 2

Totals. Nov TotaA*. Oct.

3.067

. .2,878

AVERAGE PRODUCTION OF

CRUDE OIL HOLDS UP WELlL^SS^SI-*®*

i ' 1- rieM,

Penney! varda

aa;r ' Wow Vimota . ..

,t8 W. Ohio ; Centra! Ohio

(Special to The IrKkanapohs News] j . w DWo MONTPEUEB lad.. December 10—The in^i? drae-y average of production m the coon- Kentucky tra's «0 Helds eraticue* good, and the lack TmaeaS ' * ' Of large rstohMv to mom than compensated Wyemt^

Deeflne. However, fm Cisiff

New Writo Ib for November.

240.737 241

283,072 1*5 624

1 at the close

Bigv DnTinr Totv^

gas. 36 barrels; Doddridge. 5, 3 gas. 15

TT , 1 ®y. *« Mi^reie. m- , Wilhom Troyer farm. «"i !?**■• 3 ® barrels ;_l*«eoto. t. _9 barrels: ; The Black Panther Oil

Harrison. 8. I 5 barrel*; Ca

Wood. 1 dry-H

Calhoim. 2. 1 [

etael 1 gas: :

Ohio—Medina.

Knox township.

ilNos. 11 and 12. H

U both dry. and W H. Hood’s No. 1. H.GiUam fi ?a«n. pumped 5 barrels. In Bear Creek 6 *»• Ok.® Oil Company s No. 4. J. — A. Gn...th farm, puaaped 3 barrels. Smath44 ers and other? No. 1. J. McMichaeto farat. pumped 10 borrets. and the Southern Oil

* b'o 4. H Armontrout farm,

pumped 35 barrels. In Wabash township S* MooreTcx Oii Company s No T. Wth ham Kelley Item, pumped 20 barrel*. In i 2 - K OS,f ? h ^ oamt fwTP P pnJflgri 5 o bar- barrels each In Pleasure townahip^Grant

Company s No. 1. mmped 50 barrels, and Refininx Com-

s Nos. 10^I 12.13 and 14 on it* own lantapumped 20. 25. 20. 50 aad 10 barrela. respecterely In Delaware township Delaware counp Encawon. Wilhams and others. No

«. Artie M. Smith farm, pumped 75 barrels. In Washington township, Gibson county. J. S. Young and others No. 5. W. A. McRoberto farm, pumped 15 barrels, and Central A Coast’s No. 6. M. S. Watkins farm, pumped T barrels. In Madison township. Pike county, the Ohio Oil Company’s No. 12. w. H. Gladiab farm, was dry. WAGON WHEAT PRICES.

- , ^ —December 10—

Indianapolis flour nulls and grain elevators > fore

merits.

MAY AWAIT TREATY ACTION

5 barrels: Perry

2. 4

wells,. Il dry. 256 barrels; Guereosy 5, 11 barrels; Hocking. 3, 2 dry. “ ~ ' “ 2. « barrels; Columbtmu ■ ■■ Athens 3. 1 dry 2 barrels: Morgan 3 dry; Lie:ling. 2 dry: Noble. 1. * barrels: Wayne.

#51 , 64 1. 1 barrel.

1,058 1,070 Northwestern Ohio—Wood. 3 wells. 22

American Government’s Portion on Mexican oil 'Protests Outlined. WASHINGTON. December 10.—The American government may not make any further protests against the action of the Mexican government in granting permits for the exploration and exploitation of oil lands in areas

already held by American companies under lease. It was indicated today at treaty.

the state department that in vienv of the reply made by Secretary CoH|y to Roberto V. Peaqueira, former Mexican agent, suggesting the drawing up of a treaty in which agreements be entered into on the various questions at issue between the governments, further insistence at this time on the protection of American rights would

be inconsistent.

• Officials of the department had bethem representations made by

of the American oil

are paying $1.60 for No. 1 red wheat. *1.77 representatives

foe No. 3 red and $172 tor No. 3 red. companies asserting that notwith-

standing the protest by the United States government in August, the provisional government of Mexico had Issued a large number of permits to drill for oil In federal zones and that practically every one of these permits had been acquired by British inter-

ests. * -

Th© complaint of the state department in August and that of the American oil companies now were based on the contention that Article 27 of the new Mexican constitution and the decrees of Carranza founded on that article were confiscatory. The determination of this question is one of the more important features that it is expected will be covered In the proposed

ovrrcie I Gter | dtprito dll© UMK

Total*. Total*,

SfliiMli ■ ■ -

Orotmo—Extra faster CaMornlc Navel. 90.m * arete extra fancy Flonda. 16 000

O.'TB-.tamov 944)09 4AO. Ihiwwto*^ Florida- 5« 00 07 Tangerine*—44 AW a crate

tfcGSTARIAM—

Artichoke*—»3 75 * down

Aaparago#—-Fama

h>i*hel

00 a crate

StPIlllSls

• deetine ot How to 4 000 barrel? mostly to weather eowfiAons. The output Ut Kagaw atoi Okiakom* is bokbn?

fairly steady.

GperaUooa in the north central Texas division »re extending oorthwarti into You*** ©hasty, and the Mmth Eend. KliaeviUe. Iran and Grabaca r-g.on* arc bcerMnirw »>■ tire. The oil 1* found ta a true nsuttk, which 'in a prmniae of Us* well* being '-onsutUml

prodarera.

The oaual nomhrr of comp’euorw are reiwted from Oklahoma, hut the Hat con txina more than the ordinary number of dry boiaa and no large weli* There are ctMTOgh, however, st.-irt ng at above 5JO barrel* to maintain the general output »t it* present rate Bouitoarut remain* a* active j a« at any aeaaon of the year L From the northwest a well i» reported in

3*5 3d* 1.447 1 816

*.665 0.4*4

Nor ember . .2 10* 6^57 O.-tober . . 2.229 7.255

■ that will be tested the eoeamg

season are portion? of western sad soutbern

barrel*: Seneca. 3. 1 dry. 175 barrels Hancock. 2. 85 barrels; Allen. 2. 43 barrels:

Sandusky. 2. 10 banvto.

ItUnou*—Crawford. 7 wolta. 9 dry. I g 30 barrels; Lawrence. Clark and Coles,

dry hole each.

Kentucky—Warren. 15 write. 1 dry 1.465 barrels: Alton. 13, 310 barrels: Boyd. 2. 13 barrels L'nooln 4 1 dry 10 barreto Ws; 2 dry botes: PowslL 1. 5 barrel*; Lawra 1, 2 barreto; Estill and Graves. I dry each Tennessee—Dixon. 3 write. 1 dry. 20

Asparagus—yimey. b >me-grown. 40e a

grre, 86 00EV5C . bu*-

el hamper dried Michigan navy. &M«e a !? imported. 4%c; lima*. fU 00tt 10 00 a

Home-grown *1 50 a tou-hel -asnaSK.r*” ■* ds Midte-grown 81 00 a buahri.

fimw—*2 75 » .rate

pw,. w«i. m>/ ,wi-utwnvti vr **»»•»- '"-—•/““He* ■ Tork. $4.50 a two-third* *0 favored should siauma that, erste

* IwiTieJ«

j ■Cijrr4 | l»^

C«nli(l0W4 ' ereUr**

67^wr& 500#,fl0 ° Cueumbere—Flonda. aoiatl. Mm; h

Endif

f the ut proiredd. of buslni

opinion in npt well founds

Kby this time, be evident to nil fair onhervers that the yeadjudtment proc- «*» la la evidence in praotlrally *11 <11 nee of commerce and Industry, and jfthe balance sheet* of January l next swill undoubtedly be convincing fVf brileVr theStmerican farmer is a good citizen, and that when he can lb*; shown the Interdependence of hid iln tuetry, and all others and the need fof team work ai! along th# line to

T r ^

Hanks in the Seventh federal rero dlstnct, members and nonmemalike, ar# under an enormous an of credit at tlrie time. Belief wmi come, if the banker will take his toufttomar into his conftdsnoo and ask

him to help.

A beginning of liquidation, and a and orderly continuance, will the time when the haste law ly and demand will again bpotteratc normalty, and values heir natural and proper lev*!.

•«-*:* ,1 ‘ 0 • v*--«te a doaen busefaea. Ig*ek—85<* a dose*. ■ ■

Mustard

barrel

Greens—ilmue grown.

Oyster in* bunches; f

•175 *

50c a dozen,

f. *1,0

Hpanri"“»2 wtj«JW a crate of

1.00 * dose*, green, 75e

Heating Stoves BAKER BROS. Largest line of Used stove# ta soV s&zsg: 816-228 M. Woehtogrloa Sh

3 or 4 Rooms Furnished Complete 8 If 00saw, $130—-4 Mooaaa. $356. kmall Weekly Faymeala. (vhoits-Bvrford Fsriitira Co. Mala 5368. 311 B. W'Mshlasrlea 8C

SlMH

flowers— The Ideal Gift whenever you have cause to remember some one. They are fresh, .Vagrant and beautiful when you order them from here. We’re just as near aa the nearest phone. A. Wiegand’s Sons Co. Florists 1610 to 1624 North IltiitOM St

r—tvt '■■■i-'.-r

."!"■! —Th-t*’

RICES AT THE HAY MARKET

Ladies Let Cuticura Keep Your Skin PdMBHB

as^asai

ouni

—December 10—

‘ fh# following art tha buli aa? poi’* price*

wretli h. uS^irSE. '” ,n iw ,?r<wsflsa

Itraw—Wbcal. fS.OOMO OO

a ton.

Taharen Mafkat to Open la Jaanary.

’; iSpsHal to The Indianapolis Now»| AT'HORA, !nd., Daoembw 10.—Filmor# W^snta. prreident of the Aurora Iskmw Leaf Toteyre Warehouse Opmpany. I* having th# Warehouse# prepared for the opening of the an ruin l looaa leaf tobacco niartari? during ttw Itret week in January. Many tobaco erowtre report haviag done a great deal cl

aTOr

buying a few yid»to of good tobacco in the

I X’licious Economical 1 )ifferent SCHULZE’S ( elebrated Pirir * S Noodles

f ry them!

Handsome Cedar Chests $ 19^to<75

A merry Christmas Is as sured. A cedkr chest from Feeney'* will Bettie the question. Vi*B the cedar chest sale a; the home of the cedar chest. Tou never saw so many cedar chests In your life, and they are truly beautiful in design and finish. Real cedar of .the select grain and color. Also walnut and mahogany chests, cedar lined, suitable for any room. And a Merry Christmas for all.

Your 1 Neighbor Trades at—

edar best

Tom

eeney s

Will Settle the

Cash or Credit

“Satisfy the Entire

' iW?-

Family”

NOTHING DOWN On Any Purchase up to $20.00 We are again giving you a wonderful chance to secure your winter clothing for the whole family on our wonderful credit terms of WEEKS TO PAY PAY AS YOU GET PAID!

LADIES’ SUITS

LADIES’ DRESSES

LADIES’ COATS

AS LOW AS

$35 and $40 Values

S|| CO 0]

$ 14i2

Now 4 7^

Sold at $1.25 a Week.

Sold at $1.00 a Week.

50% OFF on any Ladies’HAT in Stock

25% Discount on ladies’ waists, skirts and furs. , Sold at $1.00 a week.

A straight discount of 25% on our men’s and boys’ suite

Boys' 2-piece suits as low as $6.48# Sold at $1.00 a week.

Wonderful bargains in men’s allwool suits, serges and worsteds. Sold at $1.00 and $2.00 a week.

25% discount on any boy’s or girl’s mackinaw or overcoat. Sold at terms as low as $1.00 a week, with 15 weeks to pay the balance. _ Buy your Christmas clothes now and pay us next year. Dress well and never miss the money.

f'-rll*

132-134 W. Washington St. OPEN SATURDAY .EVENINGS

Store Open Till 9 o’clock Saturdays ALL - Alterations FREE

A Gift that Reflects Your Good Taste A thrilling, pO^erfai drama of old Room, that lays naked the tugged truth —in language equal in beauty to Shakespeare's. Tne sensation of the literary world. The De Luxe Edition of Caius Gracchus

De Luxe Edition

(to# sad *■

By ODIN GREGORY

thing r-

*‘A^n4*»tire t . w h«rote > hurora firerex ot nmtsworAtonry tor .. .Tbs mdreasaed-of. 'mhoped-for thing the impowtbte 4otte wondrous wril.’*—Richard to GriUeim*. JtrilBMfarihn. w JMbrife W» * uW «re* •*

BONI & UVERIGHT PwMteh*r« New York

■ | .MUCH j

Open a Charge Account

SQUARE

STORE

PEOPLES

ia FRIEND CLOTMING COJ

434-436 W. VASM. ST.

Pay a Little Each Week

Our Prices Reduced

aas-Nav-an

UNTIL THIS LOT OF

GOODRICH TUBES

Is Disposed of Will These

Special Prices Prevail

30x3 1.50 30x3^1 q* i rres 32x3V4l^ A * ' °

31x4 32x4 33x4 34x4

$2.00

AH <B lhes* tubes are branded N. F. C. because of some slight Radiator and Hood Covers $3.75

Chdaaplon ,X Pings.t9c (. Hampton X Porcelains 30c . pmm ixr 600DS ca

| Save for Christmas, 1921 Christmas will soon be here—and gone. The months will soon be marching along to another Christmas in 1921. , How about your Christmas this year? Are you going to have spare money enough

to spend for the gifts you want to buy? You hafve the money NOW, if you saved it ift—

The Christmas Thrift Club You wiH have it NEXT Christmas, if you JOIN NOW!

Our seventh annual Christmas Club is now open for members. Payments begin December 13, 1920, and must be completed November 26, 1921. Checks will be

mailed to members three weeks before Christmas. There are Fifteen Plans for Saving

$ 12.50-$ 12.75—$25.00—$25.50—$50.0ftr-$63.75 $ 100—$ 125—$127.50—$250—$500 We Pay 4% Interest on These Amounts If Completed

You have been reading and hearing of price reductions for the past several weeks, and although The People’s reductions have been

announced ■

OUR PRICE'S TODAY ARK AS LOW as good dependable merchandise can be sold for.

Dunced previously, we want to Impress Indianapolis public with the fact that t PRICES TODAY ARK AS LOW as good mdable merchandise can be sold for. Your Credit Is Good

For over 18 years we have been extending credit to thousands of satisfied customers. We Invite you to come In now and open a

charge account.

WOMEN’S AND MISSES’' SUITS f25.00 UP WOMEN’S AND MISSES’ COATS *20.00 UP WOMEN’S AND MISSES’

DRESSES MEN’S SUITS AND OVERCOATS ... BOYS’ SUITS ..... BOYS’ OVERCOATS GIRLS’ COATS ....

$18.00 UP . .$25.00 UP . $10.00 UP . $15.00 UP . $12.50 UP

FUR COATS—SCARFS—MUFFS

Come in and start your account now—TOMORROW. We are open Saturdays until 8 p. m.

;Wi

'hi

F. Wild & Co. State Bank 123 East Market Street

'mi

Uti

Out of the High Rent District

SQUARE DEAL STORE

PEOPLES

FRIEND CLOTHING CQ

Store Open Until 9:30 P.M On Saturday