Indianapolis News, Indianapolis, Marion County, 18 December 1920 — Page 26

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THE INDIANAPOLIS NEWS, SATUEDAY, DECEMBEE 18, 1920.

f • f'"

SPECUUM STOCKS il

I UNDER PRESSURE

New York Stock Price*

*• Wiml

FOOD SPECIALTIES AMONG THE FIRST TO EXTEND LOSSES*

—

Average Stock Prices

larked ttm triitrinu* t Mugur, Mexican

Ailantid *f erred, iar» and

The av*rare prtre of twenty induatrfal atocka Friday waa 70.24, down 14. Ti»< average price of twenty active rail* wac 72.52,

down .24.

new YQHK, December 1*.— The atock market became unaeUied r ss*4n *oon after the irre*ular open^ of today's abort acealon. Short* «* experlence/i little difficulty In de- *- premlng price*, there being virtually " bo aupport. evpeciaity in the *p*cw' sf lative itmuteM, The chief feature* of J7 weak nr** incJu4«4 food share*, aleo I; oil*. *hippi»«*, tobacco, motor*, * equipment* and uliMtie*. Decline* of

; 2 to $% point* nt

'» of Arr»ert«an Ifeet *s Petroleum, llou*to»

If Oulf, Ugnett U Pierce-Arrow ;; People* Oa*. -

l! felted 1 to * point*, coaler* df*pli U ‘•Jff r*Pccial weakne**. There « m virtually no recovery, final price* m *1 many Instance* being at or near kowH eut level* of the day. Sale* approal-

11 mated 450,b0fl •hare*.

bpecuiatlve ariiare* were subjected j to farther pre**ure at the openingSpeclaitlea In the food division were I? among the fim to extend their recent “Ji severe Jo****, American Suaar fell 1 ll point and fleet ffugar 1%, fagasa of jt i to 2 points were mad* by Pullman. .'Vanadium and American Tobacco fra^'tlona! rscesaion* beina recorded 1 *i»ry most of the leader*. Exception*; ** included Houston Oil, which recovered * I a part of yesterday's setback, and *' f*rp< «ble kteei, which wa* fairly if a toady. Wail* war# Irrerotar. g*»n**r* S: resutnlttif their reactionary course.

Alawka Gold

AkK"

Am. Cha Am later. Coro. Am. Cotum Oil,

HIGH-GRADE RAILS WEAK i5 $**

Sf^Si A L. pld *9%

Sigh. low. ttom".

Isi* XA4% 103

Am. loc,os*ottve. «J » Am. Smc'ktsf..341 Aerr.' *n 9mm. SSt Am Bum. Tab. AS* American Wool Am Drue byn ..

beta Meef “B"

£jA, fe : l

Bait. A Ohio ■krsMBMH

Great W..

K^ ; :

ii» u'

54% ss 24% .... ‘I* a 5

p p P lift

17%

VoreTil

gn exchange wa* failing back sharply.

vy, rates on

later. fEsr, bit MUM

hm>

SNHKmEf

Am*r. com

Iwa. Jpftd. ,, ller. Nsr.. eft*.

.14

^4% 1*4

,lu ^

cable* &JMk>. Bekdiut trance, cable*. 4 27e, Guilder*. I .

It eabis*, 31 :ztn- term, dameml. 3.4*e; , 347e. Merke, dem.wl lAfte; i-iWe* Greece dMnend, 7 Abe, Mew Turk rtf* on llontreel, 13% per cent, die dSunt. asrenunest end rellroml bond* rtmt

f?'JinBN4SS' 4 1 |IIJPf'iiEaC*:(i

LOKDOK December 1*—Honey. 4% per pent. Dietentnl rets*, nhort end three month bill*. 0% per cost.

K rta^ rvwH 4r!3 Weet. .

Jlwrtb Pure Prmm

r 5

lit;;

See •liver. Mew Verb, MH«>

MSW VOKK. acri.E?'

fa*'em her 1A—her c, Utreim. 03%«. M

atver.

bniahm See Miter. umDOM, Dwsmber 1«^-Bw> •Over. Aid «n mi ms. ,« * ,

■ r«re»*n fckefeeas# Onenln*.

marMi

c»«*m.ind. I *1*;. Cnnedlan dnliara Ii3.00o, Deniah kronen, 13.12c.

ff YOAX. Dwember 13 —Aterhof deowtiwl Paler *t 48.44%; Iranis dr3.0o«; lire demand. 3 40.*; mark*

¥ 14%

PK SOAR TO 510.35; HEAVIES SaL AT 59

LIGHT HOGS 15 TO 25C HIGHER— OTHERS STEADY—ALL SOLD.

STRONG PRICES FOR CATTLE

. ■

Receipts of Live Stock

1 »ve stock aurke

t tar |

w.. ffiBj “»

Cairea. 360

- - - - 13419 5»I

.... 14.864 935

269

HIGHEST SALES OF LIVE STOCK

The at the

Tear is

Car.

'“•Truck.

Bttfere.

Oow*.

Chfrea.

Ltafthn

l..$10 85

$11 00

$12 SO $16 09

$ 8 50

3 8 00

$15 00

flO 25

2.. 10 50 3.. 10 65

19 50

11 06 • 06

8 00

0 23

14 00

•12 00

10 60

11 50 9 00

8 00

0 15

14 00

11 75

4.. 10 70

10 40

11 50 9 OO

8 50

5 56

15 00

11 60

6.. 10 50

10 50

11 00 9 50

8 25

0 00

14 50

10 25

7.. 10 25

10 00

12 60 19 60

7 75

6 50

14 OO

9 59

8.. 9 90

9 75

11 75 +13 00

8 00

6 75

14 00

9 00

9 . 10 00

10 00

til 50 9 00

8 00

7 50

14 00

16.. 10 15

10 00

12 00 10 50

7 50

ft 50

14 OO

S M

31.. IO 10

10 00

8 50 12 60

7 50

0 50

14 00

13.. 6 66

10 10

tlO 25 9 00

8 00

7 00

14 00

9 60

14 9 50

9 0ft

11 60 9 60

6 35

« 25

14 00

10 ocSk

15.. 9 50

6 10

10 00 8 00

0 00

7 00

13 50

16 . 9 75

9 60

16 60 8 ft© 10 OO 9 OO

ft 00

6 50

13 50

16 5Cr

17.. 9 75

9 50

7 00

0 60

14 60

9 69

date . 18 25

17 75

19 00 17 60

14 00

12 00

24 00

21 65

23 75

21 00 18 00

15 00

13 75

30 00

21 85

■tern fed Iambi

t. ttearl

fitau.

NO BRUH ORDERS EGR WHEAT, BUT EAST BOVS

GOOD CLASS <MF. BUYING IN CORN AND OATS PITS,

PROVISIONS FOLLOW GRAIN

1 300 V*.

Total than Seine lam

| tZto k

l 7 *4% l^ cSlmm tor.

t 500 s OS { ft «•• • 00 ft oo e a fe 4 50 8 ft 00 4 00# ft 04

i« soeia 50

PRODUCE

(The rmage of rakry w don to

of egg*, butter w»d ls quoouoa*

IBIS

SSS*;: . Crtr**.. 241.14ft Iftftftftft 87API . flftsap. ■ 'Wffimm&msftmmmmsm

33.001

13 . *«3 127.002 ft .201

Total* _3481009 3.427.434 33,436

[pj* Saet ***• I ! SS: ui* SE. Hit

'gTOOLEBS AMD VHKDIMO flood Vo 'ime* rteera. 800

Itoe ^ u g * , I J l ' ’jtijiV boo* 7 * °*

Good to dwawe eisma. nadar

ftpo lbs ............. v . 0 00# 7 00

ft 00

7 OoS” 00 tor

uttrv. delivered at lmhau«>ou*: J p * w *i* *;«»«». 23c: towia. under 4 ^ ftagx 2^8 &>c. rooster*. **»e. turxey*. o* 1

44 000

47 <ax|fl ^ ■

734 m->0 * * u> ^ t C *' ,T, *' 250 1 ! N ° furth€r

* the market for live

to 400 Iba.

developed In mutton stock

Ptvs day* thie

maun

ioi#:::: time. IMS. ... tz HilE

26 524,000 !SS8S uo.wo

>0.00. couujae, 2 it>. *ute. the doeen- 30 w

mg woef

P*r— r «

dnma tK '‘ u * d iwr OUUer t* 4 * deUverea at In

sir^snii. sse

Saturday and prices finished the week 30#31c; Wwooemn n®b<uv*r t« nra/ uv th» aem* position they I SO#3l*g; Wmcoous Dauuc*. 20c.

33#»4c; Dong Hem. 3p«31c

large. *2j4U. Ilti. *1AU.

In practically the

were at the close of last week as well «b most of this week. The best lambs sold st 12.00 on five out of the

Inst seven market days

The top price Thursday. I10.S0. was mmlA ♦ r* Km m»%FI g»mf w rt*« f r\t II nm Skrtf) AM

CHICAGO. December If.—Wheat got an irregular start today, failure of the British to take wheat over night being responsible for some early selling by the local element. A house with eastern connections became a good buyer of the March delivery on the decline, and a rally set in which brought prices above the low point. Opening quotations which ranged from l%c lower to 2c higher, with March $1.U to $1.44 and May S1.3S to $1.4*. were followed by decided gains all around. Export demand was not in evidence, the market showed a firm undertone the greater part of the day and averaged higher. On general selling the market later eased off and closed weak. %#l%c net lower, with March $1.43%#1.43%. Strength In wheat was responsible for a higher range in corn. The feature of the early trading was the selling of this cereal by uv commission house with country connections. First quotations which ranged from % to %c higher, including May at 71% to live, were followed by

further upturn*.

Corn showed rather independent strength, and at the high point May showed &%c above the inMde figure of two days ago. The best buying today was for the purpose of getting profits on previous sales The close

' net higher, with

good class of buyin

in evidence in oats but the stren camt mainly from other grain*. A

COTTON PRICES LOWER.

Ovenreich* Cover-

tittle

othern SeUin*

ins and Baying.

KEW YORK. December 18 —There « M a southern hedge selling here at the opemne of the cotton market this morning, and first pnee* were steady at a decline of 6 to 15 points, with January selling off to 15.30c. and March to 15.15c. These offerings | m by further covering, how-

■ better rep

I STILL GUSHING OUT OF GIBSON COONTT WELL

' i

sad rather

reports from the

roods trade promoted scattered buying, which won earned the market up to 15.40c for January and 15.28c for March, or within a few points Of last night * dosing figure*. Safes of print doth* in the Fall Rirw market for the week, estimated at only 25.000 ptecw, but this represented the biggest weeks business in two month*, and western wholesalers noted an improvement in retail demand. It is reported that the new southern banking concern organised yesterday will begin operation* by endeavoring to facilitate exports of low grade cotton. Demand failed to broaden on the early bulge and the market was quiet later in the moramg. with prices easing off under hqtudatiou by early-week buyer* or scattered southern selling. January eased off to Ift.l&c and March to 15.12c. with the general market closing fairly steady at a net

decline of 10 to 38 point*.

Futures dosed barely steady: December. 15.12c: Janaary. 15.16c: March. 15 15c: May. 13.23c: July. 15.30c. ■ ■

middling. 1365c,

SAID TO BE LARGEST EVER DRILLED IN INDIANA.

FLOWS 600 BARRELS A DAY

Spot, quiet:

January March « May ..

i jgj*

October December

‘Kd.

New York Cotton Future*.

(By Thomson A McKinnons Wire} —December 18—

Open. High! Low! Oow.

15.33 1540 13.15 16.16 15.23 15.30 15.12 13 15

1»30 liiso 15:20 15 25

15.37 15.48 15.30 16 30 15.44 15.50 15.36 *15.33 15.25 15 30 1513 15 12

#IHt YORK, December 18.—Butter Firm; receipt*, 3.830 tubs, creamery, higher than extra*. 66% w5oc. extra <82 score 1

sr, ■ssumsi*'

There was a Rood class or buying in evidence in oat* but the atrenjrth cam* mainly from other grains. After starting % to %e higher, with May 48%c to 48%c, the market scored

further advances.

Provisions reflected the strength In

grain.

Lfififliki ‘Koingon jTMckinnon‘» ffirel

Lsudwa Weal Auetiaa. LOKDOM, December 18.—At the wool auction safes Friday 12.020 bales were offered, comprising a moderate selection of free wools, which was slow of safe and of which there wa* large withdrawal*, auction senes, which ended today, batea were offered and 24.000 sold. « 13,000 bhfee were purchased for the continent and 11,000 for the home trade. Fiftyfire thousand bales were held over. Compared with the la*t safes, government owned and Australian wool* and also free wools closed from 10 per cent, to 30 per cent. lower and capes from 15 per cent, to 30 pm- cent, down.

During the

11 140 000

A lc » .

-®d»e.. 3 QEjjjj*

Frleae irregular ea

PARIS, ■ regular on

S„2= r il 88

jEVSI-O * — Co, 12

3fl%

At the highest price paid in the local hog market Saturday. $10.35, two pigs averaging 135 pounds each

than* a h *prime r<> hog h weighing "“Iso 22*1^

nound*. sue ha* aotd at $».#•. The light hog* were 15c to 35c higher and the heavy hog* were steady with Fri-

day price*.

At the atart seller* asked a sharp advance In price* for hog* of all description*. but in the final arrangement the advance was confined largely to the hogs averaging less than 200 pound* that have become scarce in all markets. Such kinds are used largely for the fresh meat trade and the urg1 ency of outside order* has made an ! unusual gap between price* of the thin weights, that have cost the 1 farmer* little to produce, and thoee 39% for the prime 250-pound hog* that were fatteped on some of the old crop of corn. Buyer* *av the lightest hog* at higher than $».50 cost leu than they would to be sorted out of the mixed load* that cost $2.25 to $0.60, because the heavy hog* out of the mixed load would have to be re-

sold at $9 00.

Kingan A Co., .who bought about

Darn* 7,1% eeutune*.

68 Jtrstww 74

mitre, f

London. «„

e«*nl. to mi. 8ft franc* isr wa* quoted at 16

(iererament Bead* in Mew York. (It Thomson * McKinnon'* Wire)

—Decern b*r 1ft—

\w,

Mart in-Party —. iS£ 8!to* on I Flak Rubber . ffimbf,* oSL:

Ray Consol U* Termreree Copper 7 * Onllsi Fruit. .. .lOfti .fwuie, Cont. CHI. 7 Mfe- OU ... ftftl

m mi a-

m ait" ii% i.i ‘7% ’7" ’ *?'• “Ss

ii% 10% Hi ’7% 196 «%

reelatered.

«»Upoo

refiatermi. coupon.,. ree*«i«red, coupon,., refiatered p, cunpon ,. , 0. rreisferrel. 8ft i, coupoa __ ‘ hlreso Mtoek*.

LIBERTY BONO PRICES

b^Tt few of the a

more than $Ko en00,fh l ° comm * ad i b™* Pou.Uy—fare not auotod . drrered. far^this^iT^lre S.mTarger t*han\he g^STS^uu umu 55 % « same time last year and the total at 66c^»^.»i u .!lLw ^Safc." Rggre—Memcrn

■*j» * * reffw** iawWi # xi i Cb«see—irre*u*ar ;

— Fouutry—lure no. steady: fowls. 2ft#2ftc: otbere unchanred.

1-780 Mar

' ; By fbomion ft MdKmnot WHRAT—Open Hi«h l.a Dee. 1 89% 1 72 1 88'

1 66%

1S5

markets for the same time

was 1.204,000 smaller than the same

time last year.

pfiBUi

40c; l

26# 28c. hgkt?°I»K»er**

cons—

Dec.

neavy

duck*. 35#

Good to choice ewe •beep

■flUlHH

Western fed lambe

beiwted ewe mad wether lambs Good to choiee lambe Common to medium lamb*.. Buck*, per hundred

:**£

iJi2 » 50 down

#33c.

CHICAGO.

Steady , reenpte. 5.188 tub# creamery extras ole: elandard*. 44c; other* uachansed. K«r*—Lower: reempt*. 1.265 caare. first*, b. w 0»c miaceiiaiwou* lot*. 57 «63c re- & 0 tngerator ftme. 55%#56%c. Chee*e—Un-

55 chanced Poultry—Unchanged.

OO LAKAYETTE. Ind., December 18—Packer* buying price#; Packing batter. 20c. Reg*

Cbirwro live Htack I — 80c - Poultry—Fowia 20c. hen turkey*.

_ . ! 3«c; ducks. 26c; geese. 18c; fancy stock

CHICAGO. December 18 <United Statee worth more; wring <*1 20e. rooster*,

bureau of market*). — Cattle — Receipt* 12c ^

1.000: compared with week sgo^f *£r. KANSAS CITY. December 18—Butter-

8 50 8 00 7 00 2 00

V: pig*, steady to strong: bulk deslrabie

to 130 r

hog*

945: »»•**- w bmwiw. v,.

One-third of the supply, paid $9.00 for 90 fi9.4«#9ft0

week $1.75 lower

7^?#^l^iw *}<fwre^ canncr* Mc^lower^'^S- Creemrrf, 62c; packing, 19c. Rgga—Ftrtta,

to irife 25#iOc higher: butXr muE ^

50e lower: veafers. 50c#$1.00 lower: heavy ^ turkey#, 37c, rooet-

cnlvee. eteady; etocker* and feeders. 50#75c m t4#ipc.

s.ooo: „ rt u. 1 rJSjg&gtz asrarga

others, mostly 10c lower than yesterday** 26c: geree. 23c. Butter—Creamery. 49c.

average: top 5?».50 for sorted 160 to 170-lb.. Kgg*—42%c.

; practical top. 99.40: bulk. $9.00#

**# r-rvftgr * V»n lir

the hog* weighing more thsn 225 pound*. $9.25 for those averaging down to 200 pounds and 19.50 for the lighter kind*. Many other purchases were made on that baeis, but In several instances a premium of 10c to 25c was obtained on the hogs sold at 19.40 to $9.76. The aggressive compe

with

ago. fat lambs $1.06 lower:

1.75 lower: feeder lamb*. . ■ l; practical# no trading in breeding and feeding sheep: fat sheep. 75c# $1.26

1,000: compared

yearling*.

$1.00# 1.25

■ ■ ctly selected hogs averaging around 140 nounds or less sent a few sates as high as $10.00 and pig

til

weights sold as high as $10.35. rarely higher than $10.25. The extreme sales on the final market this week, there-

OTHKR LITB STOCK MARKETS. | 8T. LOUIS. December 18 <U. S. bureau of markets).—Cattle—Receipt*. 300: no market today. Compared with a week ago: Common and medium steer*. 50c lower:

I ill

^ D&VSrsa &iiarsrtt f|»“ - B14!-JthiJtwl? !2j£ rajjiSt

Victory

(By Thomson ft McKinnon* WreJ - -Derembor Lir*». . XffF

SC*

iKonfgoaHMY

. LMtber

and Car

mv Ward .

Nat. leather ,. , *■

fij. =55

•Win ft Co 190f iSou lE'II STS

Low-Priced Stock* Yield Under Increaeed Pressure

88 11

INDIANAPOLIS CLEARINGS.

; Cfeareinoee ; Clearances

*17.800.6

$18.666 000 -

Sign* of Bettftrmftnt of*; Business More Dietinct

:X7rr,r:;. Jl wU bLSr

movement 1* lirer. and some buyers in the feat hei-trade are showtn* renewed interest. Whether the indication* of improvement math a definite tuniin* point m the Imre affeefed Is not clear at the mmuwit, but the •YHipioms are moeuraging. it w «ot to be ekfKvted that revival will come •utkicnly or in Ml cjuarters stinuHanemisly. The rewtomic

lar. having gone m others, ami will probably

That a aolld bams

quarter* stmult

.readjustment ha* hero further in mmr directian* ..the procreres of 'remiper ;:he gradual and checkered,

jjfor renovery ened by the

r» cx»«U i* a .•onvietton strength

uausu^f abuiida^'harvrefe'^S thll*^?^

ful twokmj rreourcre and be"

IS. ir

timer transport*

N.Y.Federal Bank Statement

ss Isfa uT^ruViSr^i sg,s

*l^Sft*,8t52.0737

market.

$942 603,

HKW

meet <

$444 282 * 16. total Preervre. $582 523.304: bilfe dtmvmntetl. necurvd tvr xovernaaent war

. ad.

^ hUl*

$39 356.599: tot.! 767; total earning

_ .PM uiwvdlecteri items •feductioiw from gross depoeite. : due u> members, reserve a,-. 865.751: total gtxiss deposits 8: federal reserve notes m act

. , rtion. $871Ji23.230 Ratio of lotal retw'rvre to det'omt and federal reserve

jmle liabdtue* combined. 39.1.

188 Per t ent. Stock DtrMend Ordered. DALLAS, Tex, December 18.—The trns teea of thc Magnolia Petroleum Company, at

extension of the short interest, eeperiaily in the more volatile shares ^ y Stocks of the belter dM* wore not ms-

5?* 1 , 4^ fheaper industrial*

and apedalUe* lost 5 to 15 point* a* flnan- «** 1 P» ,0 «w«l*d to take the form

of reduced or etupemMI divktend*

. ^«»«Yial condition* added

kl th * •»««*##• market,

praelirttily all the new* being indicative of durnon 1 'of 0t pp ^“ ct4 «» «d reMotiey rate* remained fatriy eaay lor day to day fund*, hut little was offered for the longer aecemauMution* aside from renewal* remveatsusit inquiry, although some of the former favorites among railroad bonds were inclined to strengthen. Several new capital offerings, mciuding two of the Standard Oil

cum panic#, found rea«1y acceptaaeo.

International remittance*, uotabiy to Loodon and Pan*, were •ubetaauially higher, but rate* to the more remote renters of trade sod commerre including the orient and South

America, were more unsettled.

WHOLESALE PRICES DROP 10 PER CENT. IN NOVEMBER WASHINGTON, December 18.—Wholesale Price* of commoditie* were lower last month than at any iliac since the war. according to figure* announced by the department of labor. The wholesale scale dropped 8 per cent, more tn November than in the precedr month and 24 per cent, below the peak high prices last May. the bureau aay*. O* the 336 commodities used tn the cotnparieon of November and October who leaf** Price*. 198 showed * decrease, while 41 showed an increase. In 87 case* there wae

no t'hange. •

Buihling materials rcgintered a drop of 12% per rent, in November, and farm products were second with a drop of 0% per cent. Clothing rests dropped 9 per cent,

•boPim* % P«- cent.

Within the last year whofesafe food pricee have dropped 11 per cent., the bureau report*. and Clothing ha* gone down 28 per rent, white farm product* show a decrease of 31 per rent. An average drop of 10 per rent, in the wholesale pricee of all comN^her W T»19* l- * ere<1 ' “ coaJp * ml wllh

fore, were from $9.00 to $10.35 against

$9.80 to $1040 a week ago

Probably the only pigs that sold at the same price a* the load were those that were not separated from the load. Sow* were nearly steady at

Ih.uo down.

The supply of about 12,000 hog* wa* well cleared and about equally divided between local and outside buyer*. Nearly 8,000 more hog* were the fresh receipts here Saturday

in any other market, and more

m twioe a* many as the total at

Cleveland. Pittsburg and Buffalo.

The receipts here this Week wer* 15.000 short of last week and more thsn 20,000 fewer than the record ro celpts this week a year ago. Only 2.000 more ho«i have arrived so far this month than the same time a yeaago. and the lo*s so far this year is 35.000 compared with the same time

last year. The total at tm kets mo far this year is SMW

icsh than the same time a year ago. On account of a revision in prices according to weight the change this week compared with the close of last week has been Uneven. Mo?t of the good hog* s week ago sold at $9.7549 9 *5 with several up to $9.90& 10.00, and now the general sales are at $9 00499.50 with several as high as

$9.00 4f9.75.

heifers, earners and bull*, steady, cow*. 25c

lower: veal calve# and Mockers 351*50c lower. Hogs—Receipt I. live and steady to 10c higher than

eft *■ -at * «at •» ■ 14 wefts* li.

OATS—

Dec. May

i%-

Dec. 1 PORK— Jan. 22 46 LARD— Jan 13 40 SiVi 3 70 Jan. 11 40 May 12 05

12 02

60 56

1 01%

1 58 1 89 % 1 68%

09%

88% 60

73%

71 Hi

74%

,15

46% 48% 115

47% 49%

at av 48%

48%

48% 48% t

1 58%

1 56% 1 57*

13 42 13 70 11 42 12 05

13 02 18 23 11 20 11 80

22 40 iaf 07 13 33 11 20t 11 82t

•Bid.

Ohteago Cash Grata. CHICAGO. December 18—Wheat—No 2 £ ? ?,n,S“ r ,V K '^r /ISuT 48M49c: No. 3 white. 47%48c. Rjre—None Barley—TOM 82c. Pork—Nominal. Lard— $13.07. Riba—$10.75{$ 12.00.

Flour

twenty mar.200,000 hogs

Top price, under 200 lbs. Moat italea. all weights...

.$ 9 7ft

. 9 906

Several light hog# 9 80 w Mixed hogs. 160 lb* and up. 9 00# Assorted. 180 to 300 lbs. .. 9 ftO#

Other pig*, largely 100 down SKS JrsSttA^::: ? SSI S “

lotal reserves to

New York Bank Statement

iSU 23L3r^, ggSUretSlS

mftmnwt: gtodl di vidwM.

>ck dividend vr^

NEW YORK. December 1ft.—The local reodiUon of deanng house banks and trust h^ P $S 1 ?J2S5o ^e ^rfn £££ o^Wal^

quirecneuts. Tbia is a decreaeo of $3,025,710 H h K *

Assorted. 225 lbs. up 9 006 9 50 Fat bogs, down to 140 lbs. . 10 OO down back pig*, under 120 lbs. 10 35 down

100 down 7 006 8 7 »0m 8

Sales in truck market 9 006 9 75 Best heavy bogs a year ago. . 13 75 Best light bogs a year ago. . 13 80 Most sate* of hog* a year ago 13 7ft From the viewpoint of sellers and owners the cattle market was unusually satisfactory for Saturday. Not that there was a definite advance in the list of prices but all sales were at strong prices compared with Friday and more liberal classification meant a few more dollars to the owner than he would have received for the same sort of cattle on the day before. This applied to all kinds in all departments but more especially to the cattle that could be sold at the intermediate or

lowest quotations.

Calf buyers were as discriminating Saturday as they were liberal on Friday and prices slipped back into about the same position as they were in on Thursday. The good veals from $13.50 down were 50c lower, but on the calves that sold at $11.00 down, and especially on the common kinds that sold down to $5.00, the loss was $1.00 or more. Four days out of the last sev^n the top price for calves was $14.00 and the other three It was $13.50, so that there were no violent changes in prices of the best veals. As usual on Saturday few cattle were handled In the feeder department. and prices were nominally steady. The feeder trade this week, while apparently small, was about equal to last week, near 1,000 cattle having been taken from here to country feed lots. Prices were probably a little lower In sympathy with the

market for fat cattle.

Only 300 fewer cattle arrived for the market this week than last week, and 2,300 less than the same week a year ago. Notwithstanding the in supplies prices moved

35650c lower. He,

live and steady to iOc higher than yesterday'* average; light light* and p*g». 156 25c higher: heavy butchere ateady; top. $9.40 on 180 lb*, average: heavy top. $9.25: pig* up to $9.75; bulk of light* and medium weighta. $9.2069.40; bulk of heavie*. $9.00**915; quality medium to good. Sheep—Receipt*. 1.000; no market today; rereipta mostly feeder lamb* from San Lui* valley. Colorado, to local packer** feed pen*. Compared with a week ago: Generally 256

ftOe lower.

BUFFALO. December 18—Cattle—Re retpta, 750; dull. Calvee—Receipt*. 150: 50e lower. $4.00616.00. Hog*—Receipts. 4.300: stronr to 10c higher, heavy. $9 7o mixed. $9 75 10.00; Yorkers $10,006 10.10; light forkers and pig*. $10.25: rough*. $8.006 8.25: »tags. $5.006650. Sheep and Iamb#—‘Receipt*. 3,800: slow to

yearling* 0: ewes.

65.50

KANSAS CITY. December 18 • United States bureau of markets).—Cattle—-Receipt*. 540; for week: Cattle and calves, unevenly 75c*» $1.25 lower: others 5Oc«t$1.00 Lower: Stocker* and feeders, steady to 20c lower. Hogs —Receipt*. 400: steady with yesterday’s average; top. $8.75; bulk. $8.6068.75. Sheep—Receipts 500: for week: Fat and feeding lambs about steady, sheep mostly

25c lower.

EVANSVILLE. Ind.. December 18—Cattle - Rereipts, light: heavy steers $8.50# 10 00: butcher steer*. $7.006 8.00: heifer*. $7 00 6 8.00. Calvee — Receipt*. Mght: eteady: choice veal calvee. $7.0069.00; good kind. $7.00. Sheep and lambs—Receipt*. light; steady; strictly choice No. I lambe. $8.006 8.50. Hog*—Receipts, light: 0 «a higher: choice. 130 lb*, and up, $9.30:

g !$ pig*. 90 to 130 lb*.. $8.76.

PITTSBURG. December 18.-—Hogw—He-retpts. 4.000; lower: heavies. $9i>06955: heavy and light Yorkers and pig*. $10,106 1025 Sheep and lambe—Receipt*. 1.000; steady*, top sheep, $6.00; top lambe. $14.75. Calves—Receipts. 50: lower: top, $14.50.

CINCINNATI. December 18.—Hogs—Re-

ceipt* 4.200: market active, common to choice. $6.0068.00; stags. $5.00 6 8 50. Cattle—Receipt*. 250: slow and steady; ealvea slow and steady. Sheep—Receipt*.

150; weak; lambs steady.

New York Grate.

NEW YORK. December 18.

sswsss? css •z&xr&SiffiS! winter straight*. $8.50#9.00. Corn meal— Dull; yellow and white granulated $2266 2.80. White corn flour—Dull, $2.5062 60. Buckwheat—Easy: milling. $2.80 aaked. Rye —Steady: No. 2 western, $1.79% f. o. b New York, and $1.75% c. t. f. domestic. Wheat—Spot, firm; No. 2 red and No. 2 hard. $1.96 spot. c. i. f. track New York, and No. 2 mixed durum. $1.93 e. i. f. to arrive. Corn—Spot, firm; No. 2 yellow.

Prices of fruit* and vegetable* show sharp decline* when list# for this year and last year are compared. Price* of one dealer in Commiseion row have dropped, in some ease*, more than 50 per emit., on staple article*, such a* apple*, cabbage potatoe*. onions and beans. Only one article, sweet potatoes, in the hat. shows an advance. Wholesale prices of the following articles on December 13. 1919 and December 14. 1920 are as follow*. Baldwin apple*

$9.00 a barrel against $7.00: cabbage 4 arrive, corn—Spot, firm; No. 2 yellow.! cento a pound against 1% cento; Indiana; 9»%c. and No. 2 mixed. 94%c c. 1. f. New white onions 6 cento a pound against 1% York, ten-day shipment*. 0*to—Snot, steady! cento: Indiana yellow*, 5% cento agminat > No. 1 white. 82c. Hay—Quiet: No. 1. $190 1.4 rent#; Michigan round white pot*-; 6_2.0Q; No. 2. $1.80#1.90; No. 3. $1.65H

toe*. $6.10 a bag of 160 pound* against $2.50 a bag; Nancy Hall sweet potatoes. *2.00 a hamper against $2.10; lima beans, 14% rents a pound against 9 cento; Michi gan navy « beans. 7.8 rents a pound against 4% cento The dealer whose price*

are compared say* that comparatively speak iny he is moving more stuff than last

t year.

" — ftft-098

article* a day, this year his sain

At last year's prices, where he sold

worth 01 ail are $2,000.

Christmas business has started off in ruah. commission merchant* say. Some say Friday was the heaviest -*— **-*

Easy

646 00.

14.00# 14.10. |

6%c.

$44,001

$14.i

Lard—Firm; middle west. Tallow—Barely steady: *peRire—Unsettled; fancy Blue Rose, choice. 0% 6

OTHER GRAIN MARKETS. MINNEAPOLIS. .December 18.—Flour— Unchanged to 40c higher. In carload lota, family patent* quoted at $8.906 9.55 a bar rel in 98-lb. cotton sacks. Shipments.

9 56 9 7ft

Although prices of potatoes are steady with Friday, there to a marked weaTnre# noted, which will probably result *n further declines the firet of next week unless market conditions become Ugh ter.

Eager European Demand Raises Wheat This Week

CHICAGO. December 18.—Eager demand from Europe this week has made the wheat market jump. Notwithstanding bearish crop reports and despite nervousness over the economic outlook, wheat this morning, compared with a week ago, was 6c to 9 % c highCo™ was %e off to l%c up. oato unchanged to 1c lower, and provisions varying

from 50c decline to 45c gain.

Exporters were buyers of wheat both before and after the government report showing grain crops in the United States much larger than had been generally supposed. Whether or not European demand for wheat

^ accelerated by likelihood of

Receipts and Distribution of Live Stock at Indianapolis

legislation in congress to afford rebel to farmer* did not become evident, but there seemed little doubt that at times the amount of foreign purchasing wae more than double the normal daily average. Rapid advances meanwhile in sterling exchange tended to help the wheat market upward, and ao. too. did a reduction in the estimated surplus of Australian wheat. On the other hand, un

Oat»—No 3 white. 43% 642%e. Flax |

No. 1. $1.96% 61-96%.

CINCINNATI. December 1ft. — Wheat— $2.0662.08, Corn—No. 3 white. 73 6 77c: No. 4 white, 71 «i73o: No. 5 white. 68# 70c: No. 3 yellow. 82#83e. No 4 yellow. 75#76c: No. 5 yellow. 71#73c: No 3 mixed. 75#77e: No. 4 mixed. 71#?3c; No. 6 mixed. 60608c. Oato—52 6 52 %c. Rye —$1.56# 1.57. Hay—$20.50 # 27.00. KANSAS CITY, becemher 18.—Caab wheat—Unchanged to 2c lower; No 1 hard. $1.7061.75; No. 2. $1.68 #1.74: No. 1 hard, $1.95; No. 3. $1 9301.95 Co™— Unchanged to 1c higher No. 2 mixed. 66c: No. 2 white. 68c: No. 2 yellow. 69070c. Oato—Unchanged to 2c lower:- No. 2 white.

49c: No. 2 mixed, 45646c.

8T. LOUIS. December 18 —Caah wheat— No. 2 red winter, $2.08: December. $1.79: March. $1.67%: May. $1.82%. Corn—No. 2 white. 74 075c: December. 72c: May. 74c. Oats—No. 2 white. 49c: No. 3. 49c; De-em-

ber. 49 %c: May, 60%«.

LAFAYETTE. Ind. December 18.— Wheat—No. 1. $1.80; No. 2. $1.77: No 8, $1.75. Corn—Yellow. 60c; new white. 58c.

Oato—White. 42«; - - -

MEAT PRICES DOWNWARO. Revision of meat prices by local packer* shows the following change*, all downward: Native steers, down 1 %c: native heifer*, down 2%c; native cows, down %c; fresh real, down ! 03%c; dressed hog*, down l%c: tenderloins, down 6610c: breakfast bacon, down 2c; sausage, d^rn %«lc, and lard, down 3c.

[Special to The Indianapolis News! PETERSBURG. Ind.. December 18, —The oil gusher drilled in by the Central and Coast Oil Company at a depth of 1,853 feet on 1 the Vierline heirs’ lease in the new Oatsville oil field is drilling itself In with its own oil pressure, and the outpot of the well, which was first estimated ftt 300 barrels has increased to 600 barrets, and oil is now being- thrown in a steady stream six feet above the casing of the well. The drillers stopped when the drill had penetrated the sand only two feet and the hole began rapidly filling with oil. The well is said to be the largest ever drilled in Indiana and has the appearance of a Texas gusher. The Vierllng lease lies to the southeast of the Oatsville field, off by itself. and the discovery of oil in the fifth sand at 1.652 feet indicates another distinct oil field, and oil men and speculators are leasing thouands of acres of oil land west of Petersburg, where drilling has formerly stopped at 1,300 and 1.400 feet and the wells abandoned when oil is not sti uck. Many of these wells will now be drilled to th<» fifth sand. In the Union oil field about a year ago. on the Cunningham (ease, the Indian Refining Company, at a depth of 1,700 feet, found oil sand, hut the company had trouble with the well and the sand was not exploited as it might have been and oil men paid little attention to tbe deeper sand because of the difficulties encountered In drilling to a depth of 1,650 or 1,700 feet and the expense attached to it. The Cunningham well is aix miles northwest of the Vierllng lease and oil companies will endeavor to develop the territofy lying between theae two wells. WAGON WHEAT PRICES.

$1.87 tor

Olhe.

kP<d»* flour mills wad greto •Mr# paying $1.90 for No. » red wheat No. 2 red and $188 for No. 3 red

Indian spoil* flour

tor* are

grade* on their merit*.

BEEF—Native steer carcaeee*. 600 to 800 lb*. 23 %c: »teer lore*, fie under carcase#*: hind*. 5c over: native heifer*, 300 to 450 lbs.. 18022%c; heifer hind*. 3c over car

Jt «H r>der n * u I« «»** 400 40

.00 lb* . 13015%c; cow fores. 2c under

carcasses: hind*. 3c over carcasses.

FRESH MUTTON—Spring iambs, 35c;

* h F£fcSH* VEAL—Carcasses.

25 % e hind quarter*. 9c tore*. 6c under saddle*. 36 %c.

over

■ fIBSH PORK —Dmuind hors 17 R 0

^^RIED^E^^a 45 " ^ %c-

61 %c; knuckles. 39c.

> i

TANK WAGON PRICES.

KEBOftKNE—Perfection—191 e a raUoa. NAPHTHA—Y„ M ft P„ SO 5c a gallon; eteaners. 30 5c a gallon; L. ft ft.. 34c. GASOLINE—Red Crown, 28 3c a galloa;

Silver Flash. 32c_a gallon. Beet Hugar In Weal, 7.80c.

DENVER, December 18.—Refiner* of bwt sugar an no tune a reduction in tirto* to wholesaler* of 50 cento a hundred pound*. The new price ia 7.80c. The redueUon. *einskto, cording to an announcement follows a^*6*^

Smoked Meats.

FANCY 1 r^st”VauoN^-Three to

4 and 5 to 7 lbs. average. 43c.

LARD—Tierce*, first quality. 17%e: rec-

ond quality, 17c.

HAM—Sugar cured, firet quality, 8 to 10 IS’i.Xr'si'SS: 10 “ ** »*

liar reduction by cane sugar refiner*

seaboards.

.•SSTf b. 3. ifci

Wholesale Beef wholesale priree

Swift * Co. rounds. No

■ices of certain cuto

- • «c: »ljw. *0. [t>, S3* *tf33c* JNl*

INDIANAPOLIS CASH GRAIN.

chuck*. No 8. 15c. No 3. 12c: plalre. is W. No. 3. 21e; toina, No. 8. 28«;

I ft. Ific. Uaseed OU and Turpentine.

Ipq^T^ted. 96c. Turpantina—ftl.17%.

—December

The bid* the call

were:

Wheat—No sale* Corn—Steady: No

No. 4 white.

i for car lots of grain and hay at of the Indianapolis Board of Trade

OTHER MARKETS ON PAGE 27

iS.**

mixed.

lady: No 3 white. 730 890 71c: No. 4 mixed. 68 070c.

Oato—Steady: No. 3 white. 50% 051%

No, 3 while 50050%c. ,

Hay—>-We>*k; No. 1 timothy $26 000 26-50: No. 2 timothy. $25.000^5.50 No l light clover mixed. $24.00 0 24.50: No. 1

clover hay $24.50 0 25.00.

-Inspection*— : No. 4 red. 2

Wheat—No. 3 red, 1

“7U^» <«.: *, 4 .*u, 5 tsars; No. 1 yellow 1 car: No 3 yellow, 2 carB: S 0, i 10 care; No. r> yellow, 6 care: No. 8 yellow. 4 car*; No. 4 mixed. 3 car*; No. 6 mixed 2 care; No. 0 mixed. 1

car. ear. 2 care. Total. 40 car*.

Oehe—So. 1 white. 1 car; No. 2 white. 9 Hay—No. 1 timothy 3 care: No.^2 timothy, 1 car; No. 1 hght clover mixed, 1 car.

Total, 5 care.

BANKERS TRUST COMPANY S% on Checking Aeeotnto 4% PbW on Sftvinft Open All Dot ftatwrdtoyn

Indiana Pipe Line Company 18 Broadway. New York. Deosmber IT, 1»»0. A dividend of two dollars per *har# has been declared on the capital stock of this company, payable February 1^1**1. to ■tookhuldere of record at the close of boatnern January 24, 1931. All communication* regarding payment or change of addreae should be eent to the undersigned not later than February I. 1421.™ O BO ROB CHEHHJHRO', Bccretarjr.

FOR SALE

HURST & CO., Common Stock Aay Part of 100 ftharra—AI«o 10 Preferred EMERSON BROCK

USB N. Raet Cirri* 494

mixed.

2. $1-30: No. 3, $1.27.

Rye—No.

Prtaiary Markets. t Thomson ft McKinnon J —December 18—

RECEIPTS

(000 omitted. >

Chicago

employment figures and other advene ele- Milwaukee

-Week Ending Friday, December 17—

Hog*. Cattle .Calves.Sheep. .90.654 5.340 4.327 1.523

Corn and oats

owing to tbe big Provisions showe fluenced by ■

red relatively weak,

r in sight.

much irreguiarity. in-

Duluth

St. Louis Toledo - -

Detroit

Receipts 90.654 5.340 4.327 1.533 fluenced by the rircumstancea that price ritV 3B« Shi:>p«l out. .....49.777 2.007 3.885 1.181 change# for grain and hog* were often direct *** 3B S

on Dr- from last werit. Ttw statement follow*: Actual

! eat position they have been for year*. Traders differed as to the extent

The stock dividend was to be paid to the $ TTai t*** 0 ™* »toS

Dl J w:n ^? r *<Yfedlng to anno by W_ C Proctor, treasurer o

tomparur- The usual quarterly cash diri-te£ni'*-RrS, B T;.TSf Sf.:

a January 5. 1931.

and trust $842,000

federal reserve bank of mem her banks $521 348.000; decrease. $2,869,000. Reserve in own vaults, state hanks and trust com-

panies $9 641000; inervase, $374,000 serve in tire»oeitaries. state banks

companies. $10,202,000: imreare. > Umtevi States deposits deducted. $188,064

iteo wa* ordered n*ld rm^T<.nn«r T V* demand deposits. $4,025,370,000;

$34,953,000; decrease $34,000. Aggregate re-

INDIANAPOLIS WOOL PRICES S

Conetittou—Loans, discounts, etc.. $5,302.- i the loas in pricee this week, but they 301.000; Increase, $115.576 000. Caah in own <**<* *Kr®e that few steers are now vaults, member* federal reserve bank. $•&.. selling higher than $*.50, not many 196.000: decrease. $4,174,000; reserve in heifers higher than $7. few cows

New Yerk Dried Fratta.

iL-*XS2i

ri- k.__ j?.11^^; A PV>rois,

fttcaay. Fnaohes, dull. Rataiit*, qufet.

tladianapolU Whoteeate Price*)

meat: Loijmw . dfejnunto. etc.. $602,788,100; decreaae. $1,094,900 Gold. $7,994,400; dewith federal reserve bank. New York. $53.465.000; iiuvroee. $1,543,900. Total de porito. $633,103,800: decrease. $3,400,200. .Total deposit*, eliminating amounts due from preserve depositaries aad other banks and truat companies in New York aty^nd United

IK. 14x30.

m. State* dpporito. $585,615,500;

h^h^tin Rjmk *' c »* h In T *«h $27,091.BoS.‘*«i5 7 i w a,”^-: JS; s S~' m T “ n -

■ : tin m bur*, 76c a ib.

J LEAiX—Rare. 13c a Oh

Gray Geede Price# Advance.

NEW YORK. December 18—Dry good# markets steadier. At low prices there seems to be more buying. Slight advance* named •« the gray goods division of cotton good* which aril more freely. Yarn* firmer at low price terete and burlap# reported in ahghUy

better demand at 1 generally steadier.

Wool market*

higher than $5, aad the practical top pnee for hulls is $6. The receipts of cattle so far this year are only a little more than 4.090 smaller than the same time last year, and the total at twenty markets so far this year is *,600,000 smaller than last year.

Cattle.

KILLING STEERS—

Good to choice. 1.2*0 lbs. m>410 00611 00

Ooaaason to medium. IJUG

to 1.200 lbs.............. 8 006 9 00

Good to choice. 1.000 to

1-100 Ib* - - - - 8 006 9 50

Common Us. medrom. 1.000 to 1.100 lbs. IS?£i3Nsfe«£: Goodrto^ |ret_ yearling* Good to beat. 800 n»,up---Common to medium. 800 Ibe. Good to best. Under 800 lbs. Common to mediam. under 800 Ibe.

COWS—

Good to beet. 1,050 Ibe. up

Conunoa to medium, 1.050

IiP • a * • • • •« * •<*«« «- « m %

Good to chotes. under 1.060 Cmninoa ‘to medium under

1.060 Ibe.

Poor to good cutter*

7 506 8 00 7 006 8 Oft 5 506 7 00 8 00610 60 7 006 7 50 « 006 « 50 7 006 8 00 5 006 • 50 5 006 6 00 « 506 ft 00 4 756 8 25 4 266 4 60 • 606 4 00

Kingan ft Co 31.320 1.614 Indpta. Abattoir Co 2.061 1.120 Armour ft Co 3.478 120 Drown Broa..„... 290 136

H. Ignmeier Bros... 959 ....

Crescent Fkg. Co. 228 43 Riverriew Pkg. Co 410 23

Meter Pkg. Co.... 420 .... Ind. Prod. Co 534

108 , ly conflicting

Peon

Omaha ....

Indianapolis Totals ... Year ago.

Ail others

469 454 217

Cotton Prices at Low Levels in Week’s Trade

NEW YORK. December 18.—The government crop estimate published Monday, indicating a yield of 12.987.000 bales excluding tinters. was weil above the average trade expectation. It was followed by a spurt of speculative and apparently spot liquidation

which carried December contracts here off to; store 14.60c, making new low ground for U» 8U>< ** season on that delivery, while the price of j —output

middling cotton in the Dallas |H marked down to 13.3Do or the lowest quota

CUHING DOWN WHEAT AREA This year’s crop of winter wheat, according to government estimate, amounted to 580.513,000 bushels and this fall'# acreage

reduction 3.8 per cent., would amount to al- wiimrnknn m0 ‘tL 18 t^*^°av^ l8 ^ ,r0dUCU0n k*® 6 ** ( Minneapolis cm the ten-year average yield. Duluth .. - Kansas, the leading producer of winter «. Lom. wheat, has planted 2 per cent, leas area than Toledo ' last year: Pennsylvania. 6 per cent.; Ohio. 9 irrstv per Cent.; Indiana. 10 per cent.: Illinois, 5 *“**• L J

per Aent.. and Nebraska, 2 per cent. Oklahoma has planted about the same acreage this year, white Texas has increased its acreage 40 per cent, and Washington 7

per cent.

.1.209 . 774

Corn.

Oats.

Flour.

160

152

, # .

‘44

19 102

>* * *; 9

...

0 0

♦ - a

. . ,

611

441

811

409

Board of Trade Weekly .Htatement. The weekly statement of the Indiaaapoba Board of Trade, showing the flour output for the week, the inspections of grain and

" ' ‘ “ follow*:

of Flour—

Barrels

December 18, VQQ - .. ...1 7.080

Uon so far officially reported. Later detiv- ! en Jafp ]!!! ‘ i ‘!!! * ‘ * * if 468 cries, however, did not sell quite back to the I rv, rm v, rr «»t’ 1918 * 5 973 * «« 1 -* DeCWnbcr "infections lor Week-"

low records touched toward tbe end of last month and white the census report on domestic consftuptioa for November made a bearish showing, prices have since rallied on covering and reports of a better demand for spots, particularly from southern spinner*. The latter ha* been accompanied by reports of increasing activity in southern mills whose operatives have accepted reductions in wages, aad rt was pointed out by local traders that stock* of raw cotton held by southern mills at the beginning of this

month were relatively small.

Other features which encouraged the late week rallies, hare been the reports of progress in the formation of new banking corporations in the south and west for financing expvrts of cotton and other farm products under the provision* of the Edge law. the rally in foreign exchange rates, and the passage of the resolution to revive the War Finance Corporation toy the senate. Exports for the first four month* of this season amounted to only 1.•41,784 bates, according to the census bureau, which ia at tbe rate of slightly fees than 5.000.000 bales a year, but it is hoped that the movement would oe increased materially by better stabilised exchange rates or adequate credit faoibtiev Continued curtailment has been reported in New England mill centers, counted with some uncertaintij as to whether operative# there will accept reduced wag*

14.000

508.000 190.000

4.000

Out—Bn.

3,600

258.000

66,000 1.400

Wheat

Bge

Hay. 15 cars.

- —Stock in Store-

Date Wheat. Corn. Oats. Rye Dec. 18. '20 194.010 538.900 335 520 1.000 d£ 20: S 331.380153.970 U&O Dee. 21. T8 297.850 462.100 250.060 22,200

1919. $10-75. 1920. $17^5: December $17 25; March. $10.00. Timothy—Primcash 1919. $335; 1920. $3.45: December. *3.66: January. $337% ; February. $357%; March. $3.60. DULUTH. December 18.—Flaxseed-—On track and to mnirei 1 .&«. Derember. $191 asked: January. $133 aaked; May. $2.0a. , CHICAGO. December 18.—Timothy seed— $5506 650. Clover seed—$16.00620.00

Chicago Potatoes Steady. CHICAGO. December 18.—Potatoes—Recetipe. 15 ears: market, steady: Northern White sacked. $1.35 fe 150: bulk. $1.45 tit 1.60; Idaho Rural*. $150 sacked.

Coffee. New York. 6%e.

NEW YORK. December 18—Coffee—Rio No. 7. 0%e: futures steady; March, 632c

September. 7.75c.

Sugar 7 9-10 to 8 Ceuta.

NEW YORK. December 18.—No businees was reported in raw sugar today and prices were quoted at 3%e for Cubaa. cost and freight, equal to 4.83c for centrifugal. Holders asked fractional advances. Refined was steady at 7 90 <1 8.00c for fine granulated The demand continued light. Trading was narrow in the future market, with dealers inclined to await fresh developrarnte in spot Closing price* were unchanged to *

BB ■MareiL 666ff

points higher: January. 430c: March, 4.40e _ May. 4.55c; July. 4.7ic. Futures closed ; steady; sates. 2.500 tons; Jmuary. 4 20r. March. 4.40c; May. 45oc; July. 4.71e.

Chicago

Peona

Omaha ..... Indianapolis

Totals .. Year ago

Wheat. 45

Corn. 108

Oato.

... . 7

208

116

.... 7 .... 130

*1.7

*48

109

.... 11

629

303

423

537

486

476

CLEARANCES

WB BUY AND SELL

INDIANA GRAVEL ROAD and MUNICIPAL DONDS

LOCAL PRBFRRRBD STOCKS

BECKER & OVERMAN

700 Merchant*

Rank Bldw.

FARM LOANS City LOAN3 * THOS. C. DAY & CO. •BB-Tlft FLBTCBJBR SAVINGS AMD TRUST DCKLPM*

EDWARD R. PARMELEE AUDIT CO. Certified Public Accountants •1ft Merchants Bank Bnildlng. Phone Mata SB14 K. R. PARMBLRR, Manager. audits, investigations, systems, consultations

W K N ACCOUNTANTS . “ CHARLES L. COEN, Mana C «r COMPANY ,l4 ' 915 atelierSaiiip4 Trust 8M { .. Mm#* A MX V M OLD, MAIM 8594,

New York . Philadelphia Baltimore New Orleans Totals ... Year ago .

•..•***

Domestic Wheat. 115 242 206 120

Coloabia Card and Fabric Aotonobila Tires AUTO ACCBBSORIBS CORRECTLY MADE PARTS FOR FORDS VAN CAMP HARDWARE * IRON CO. Whalesala Only. '-^^^tie. Writ<( tmr catal««. Phene, Mala 8409.

[By the Natioeal City Company] —December 18— itfjffcSftisg n RMgian Gov. 0* Jan.1.1821. 99% II BeL Gov. 6s. Jan. 1. 1925_. 86% Beth. Steel 7* July l5. 1922 97% 1 Beth. Steel 7*. July 15. 1923 British 5%*. _Mov. 1. 1921.

British 5C Canadian Canadian

Union Securities, Inc. INDUSTRIAL PROMOTIONS Indiana Issnes . 4A) MERCHANTS BANK BUILDING Indiana Securities Coamateaton Dealers* Lleenae Ha. A

ss ass s Rial SSSXKISS:;;:

SM.

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