Indianapolis Times, Volume 32, Number 213, Indianapolis, Marion County, 14 January 1920 — Page 13

Stock Market Acts Sick and ! Prices Slip Lower

STOCKS SHOW WEAKER TONE Values Break at Start and Continue to Decline. NEW YORK, .Tan. 14. —Stocks were In supply at the opening of the stock market today and declines ranged from fractions to'over five points, Steel common hung around 106%. Oueible Steel dropped 5%. to 205: Baldwin Locomotive 1%, to 114%; Republic 3teel 1%, to 114, and Bethlehem Steel B L%, to 95%. + The oil stocks were under severe pressure. Mexican Petroleum dropped 2%, to SOI; Pan-American Petroleum 1%. to 96%, cid Trans Oil 1%. to 30%. Texas com pay after opening 2% higher at 205%, JjUßjied to 203. ' , pressure against the market became more pronounced during the forenoon. Bears hammered stocks all around the rsom, prices breaking from 1 to 7 points efore the close of the first hour. General Motors broke 7 points to 312%. American Woolen 5, to 150% ; Crucible 6, “o 204; Transcontinental Oil 4%, to -6%: Mexican Petroleum, 5, to 198%; Republic l~i , to 112%; United States Steel %. to 105%; United States Rubber 1%, to 128%, md Keystone Tire 1%. to 33%. In most speculative quarters weakness ivas ascribed to prospect of an early increase in the federal rediscount rate. Copper stocks gave a good account of themselves despite irregularity in other parts of the list. NEW YORK LIBERTY BONDS. NEW YORK. Jan. 13.—Liberty bond quotations: First 3%5, 99.40: first 4s, $66: second 4s, 91.3?; first 4%5, 92.98; second 4%5. 91.88; third 4%5, 93.74; fourth 4%5, 91.98; Victory 3%5, 95.74: Victory 4%5, 98,74, NEW YORK METALS. & NEW YORK, Jan. 13.—Copper, quiet; ■pot nnd January, I9%c.bid; February. ■9%c bid; March, 19%c. . Lend, strong; ■pot. January and February, 8 D ’ s @9c. ■pelter, easy; spot, January, February Kjarch and April [email protected]. I MOTOR SECURITIES. (By Thomson & McKinnon.) I Opening ■ Bid. Ask. ■Briscoe .... 73 75 ■Chalmers com 3 5 ■ Packard com 2i% 28% LPackard pfd 94 _96 (Chevrolet •..._. 350 350 l Peerless r 44 46 I Continental Motors com li 14% I Continental Motors pfd 100 102 I Hupp pfd ..... 99 I Reo Motor Car -7% I Elgin Motors * ,7% 8 , LOrant Motors 1?% 11% of Canada 425 430 ■international Motor com ... 110 12. ■international Motor pfd 80 100 ■Hendee Manufacturing 44 48 ■tmited Motors ‘® |National Motors '% ■ Federal Truck 0 a I Paige Motors . - 44% 40 |Republic Truck 51 53 | ACTIVE OIL STOCKS. y (By Thomson? & McKinnon.) I —Opening—- | Bid. - Ask. ■ Anglo-American Oil ....... * 30 31 | Atlantic Refining . t. ....... .1600 1630 ■ Borne Scrymser-. * .460 - 480. | Buckeye Pipe Line *o 19® |Chesebroagii iifgr.Cons. ~.. 25.) 2 ftCont. Oil;-Colo. 550 s>o ■ Cosden Oil and Gas 93 93 ■ Crescent Pipe Line 37 40 I Cumberland Pi(>e Line 120 *46 I Elk Basin Pete ..... • 8 % , 8 % I Eureka Pipe Line ..; 150 L>B Lllalena-Signal Oil pfd., 10S 113 ■4alens-Signal Oil com '. 93 98 Klimis Pipe Line 170 175 ■ njUna Pipe Line 98 300 Rfg 168 1.0 Transit 30 .37 TX.w York Transit 173 179 ■Rrtborn Pipe Line 102 106 Khio OH 375 380 ■♦ratrie Oil and Gas 660 680 Prairie Pipe Line 272 277 |sapulpu Refg • 8% ‘ [Solar Refining 370 390 I Southern Pipe Lino 163 168 ■ South Penn 0)1 342 34i Is. W. Penn Pipe Lihes 96 97 |standard Oil Cos. of Cal, ..: 328 333 [standard Oil Cos. of lad 240 260 Istandard Oil Cos. of Kan...-. 670 710 ■Standard Oil Cos. of Ky 460 486 Istandard Oil Cos. of Neb ... 530 55ft Istandard Oil Cos. of <N J... 770 780 IStandard Oil Cos. of N. Y... 448 452 ■Standard Oil CO. of Ohio.. 545 565 ■Swan '& Finch) .... .100 115 lUnion Tank Line 129 131 ■Vacuum Oil 428 433 | Washington Oil 35 45

Today’s Market Gossip Minneapolis cash wheat dull, unchanged o 6c lower. Barley firm, 2c up. Other grains unchanged. Looks like still lowej prices foi* wheat. Message from Omaha says: There are 150 cars of hay on our tracks, now selling for S2O pet ton. A few weeks ago this hay was selling for $25. Minneapolis says that 62-pound wheat, [which was selling at $3 per bushel the Iflrßt part of last week, sold today at I $2.50. / „ •, : ■ Kansas City wires: Cash—There’s a lot of Cash Wheat bn our sample tables and hard to sell at 3 to 5 cents lower than yesterday. Letter from territory cowering forty stations in central Indiana and .eastern Illinois says no improvement in car situation. Omaha reports fifty rye sold to exporters, highest point on crop. American Sugar Refining Company resumed operation in its fte closed re fineries .from nCw crop of *xa\v sugars now arriving, relying tipob put pose of the government lo permit a return to normal customary operations. Omaha wires: Cash man with Denver connection tells us that Western country along Union Pacific getting full of corn. Understand 150 cars loaded are standing an tracks in Denver and demurrage being charged, unable to sell. Receipts of Danish butte in New York In past two weeks 266.000 lbs. Holland Knd .Argentina are both reported as stalpinsr butter to United States. Tilings will FWiI-- themselves in time. Transporation iR the test of everything edible :hese days. Tape carries the information that the leaboard continues after caslr oats and s willing to pay a fair price for them, jut sellers remain very scarce. Some landlers will not offer, having no untold oats on hand not knowing when :ley can secure any. Peoria wires: We have several cars ijlled from eastern lowa from Dec. 23 6 30 still out. Mention this just to how how slow roads are moving grain fter loading. Also know of corn that ■as shipped from Illinois points to Chiago in December which has not as yet rrlved. * Wire from Chicago says that nothing setter than a trailing grain market can ■c looked for with a downward tendon■v from all bulges. There is grain ■tough to ko around and more. The ■uiy trouble* is distribution. Fair disSibution will eventually end in lower Baines, but patience will be necessary get the beueflts. So men to Retrieve 1 ‘Lost’ Milk Bottles HiMRION, Pa., Jan. 14.—Tho Marlon ■deration of Women’s clubs announced ■ would wage a campaign for the re■>very of, milk bottles. One milk firm P* lost 3,600 bottles during the Inst and will pay the federation 1 cent ■ir every bottle recovered. The money Pill be given to the public health gc■al fund.

COMPLETE and ACCURATE ■ MARKET REPORTS

Local Stock Exchange STOCKS. P Bid. Ask. Ind. Ry. & Light Com <o ”0 Ind. Ry. & Light pfd 90 96 Ind pis. A Northwest, pfd 7-> indpls. & Southeast, pfd 75 /ndpls. St. Rv > 51% 61% T. H„ T. & Light pfd 79 ... T. H„ I. & E. com 2 o T. H., I. &E. pfd 9% 16 U. T. of Ind. com . 2 U. T. of Ind. Ist pfd. ...i 4% 8 C. T. of Ind. 2d pfd 3 Advance-Rumely com 41 Advance-Rumely, pfd 71 Am. Central Life 235 Am. Creosoting Cos. pfd 97 Belt Railroad com 113% 123 Belt Railroad pfd 53% ... Century Bldg. Cos. pfd . 99% ... Cities Service com Cities Service pfd. Citizens Gas 85% •• • Citizens Gas, prior to 1917.. 36% ... Dodge Mfg. Cos. pfd 98% ... Home Brewing 50 Indiana Hotel com 70 Indiana Hotel pfd 99 ... Ind. National Life 4% ... Ind. Title Guaranty 64 74 Ind. Pipe Line 96 Indpls. Abattoir pfd 49 63 Indpls. Gas 53 56 Indpls. Tel. Cos. com 4 8 Indpls. Tel. Cos. pfd 73% ... Haw Building 93 Lemcke Realty Cos. pfd 95 Mer. Pub. Util. Cos. pfd 51 ..^ National Motor Cos 25% 27 Natl. Underwrit. Cos - ••• PubUc Savings 2% Rauh Fertilizer pfd 60 Stand. Oil of Indiana 740 .• • Sterling Fire insurance .... 8% 9% Stutz Motor Cos 123 Van Camp Hdw. pfd 99 ... Van Camp Pack, pfd 101 ~s Van Camp Trod. Ist pfd.... 100 ... Van Cqmp Prod. 2d pfd.... 100 .■. Vandalia Coal com 5 Vandaiia Coal pfd 12% 14% Wabash Ry. pfd 23 Wabash Ry. com 8 > BONDS. Broad Ripple os Citizens Street Railway 55.. 82 86 Ind. Coke & Gas Cos. 6*..... 96 ... Ind. Creek Coal & Min. 6a... 98 Ind. Northern ss ••• Ind. Union Trac. 5s Indpls., Col. & South. 55.... 88 ... Indpls. & Greenfield 5s 97 ... ludpls. & Martinsville 55.... 57 ... Indpls. & North. 55../. 44 50 indpls. & Northwestern 65.. 55 65 Indpls. & Southeast os 40 49 Indpls., Shelby. & S. E. 55.. 64 ... Ind. St. Ry. 4s~. 61 68 indpls. Trac. & Ter. 5s 63 ... Kokomo, M. &M. os 83% 86 T. H., I. A E. 5s : ••• Union Trac. of Ind; 6s 64 68% Citizens Gas 5s 83% , Indiana Hotel 2d Gs 99 101 Indpls. Gas 05....-.,. 80 85 Ind. L. A 11. 55.... 81 87 Indpls. IV a ter 55..... 93 96 ludpls. Water 4%s 74 80 Merchants H. & L. ref. 55... 90 94% Now Tel. Ist 6s 93 ... New Tel. 2d 5s 98 • New Tel. Long Dist. 5s 91 ... South. Ind. Power Gs 94% 99 BANKS AND TRUST COMPANIES. Aetna Trust 100 Bunkers Trust 115 City Trust .... 78% ... Commercial National SI Continental National 111% ... Farmers Trust 390 Fidelity Trust , 111 ••• Fletcher American National. 257 Fletcher Sav. A Trust C 0.... 106 ... Indiana National 273 ... Indiana Trust 2(M 214 Live Stock Exchange........ 382 . ... Merchants National 261 National City H 4% 120 People's State 170 Security Trust 112% ... State Savings A Trust 96 97% Union Trust Cos 365 ... Wash. Bank A Trust 130 LIBERTY BONDS. Liberty 3%s '99.30 99.60 Liberty first 4s 92.60 Liberty second 4s 91.28 Liberty first 4%s 92.84 93.98 Liberty second 4%s 91.88 92.28 Liberty third 4%s 93.60 93.90 Libertv fourth 4%s 91.90 92.00 Victory 3%s 98.66 98.96 Victory 4%s u 98.76 98.90

Local Bank Clearings Tuesday ......... $4,130,000 Same day last year 2,581,000 Increase over last year' 1,549,000 Housewives* Market The following prices are the general prices charged at the city market oftained by striking an average of tb* prices charged at various stands: Apples, choice, per lb $ .05010 Asparagus, bunch 15020 Bananas, dozen .20030 Beans, strlngless, 1b.... .30 Beans, navy, lb .11 Beans, lima lb .18 Beans. Colo, pintos, lb .10 Beets lb .10 Brussels sprouts, box 25 Carrots 2 lbs .15 Cabbage, lb .10 Cauliflower 25033 Celery, bunch 10@15 Cranberries, lb 10 Cucumbers, hothouse, each 30033 Eggplant, each .25 : Grapes, imported, lb .50 Head lettuce, each 20(830 Grapefruit, each 07Vj®615 Lemons, per doz. .25030 Lettuce, leaf, per lb .25 Onions, lb 06(810 Onions, Bermudas, each 10015 Onions, green, hhnch .10 Parsley, per tninefc .05 Parsnips. 2 lbs .15 Pineapples. eacL .30040 Potatoes, pock .65 Pears, Anjau, lb .20 Peppers, green, each .06 Potatoes, 5 and 6 1b5......... .25 Radishes, %-lb ................ .10 Rice, lb .18 Rutabagas, each .10015 ! Spinach lb ..7.,... .25 Strawberries qt box 1.25 Sweet potatoes, lb 0614010 Turnips, lb .10 Parsnips, lb 1 .10 MEATS. Lamb chop3. lb $ .40045 Leg of iamb, per lb 35040 Boiled ham, per lb .i .75 Smoked ham, per lb 40030 Round steak, per lb SO Fresh beef tongue .* .30 Smoked beef tongue 40045 Roast beef 25030 Flank steak .30 Beef tenderloin .50 Pork chops .80 Pork sausage .30 Pork tenderloin .60 Porterhouse steak 40045 Chuck steak 28030 l Boiling beef 18020 Bacon .40060 Loin steak .30 Hums, whol .30 Lard, lb 33035 Lamb stew’ 15025 Sparerlbs. lb .25 Shoulders, fresh beef .30 Shoulders, fresh pork .27 Beef liver .' .15 Veal chops .85040 Veal steak .50 Calf liver ...., 30035 PRODUCE. Hens, full pressed, lb $ .45 Frys, dressed, lb .50 Ducks, dressed, lb , .48 Geese, full dressed, lb .45 Rabbits, dressed, each ... .45030 Eggs, fresh selects, dox .78 Eggs, storage, dos .58 Butter, 'creamery, lb 68072 WHOLESALE PRODUCE. Tho following prices are paid for poultry by local denlers^ Eggs—Loss off, 65c. Poultry—Fowls. 30c; springs, 30c; cocks, 18c; old tom turkeys,- 35e; young tom turkeys, 12 lbs and up, 40c; young tom turkeys, 2, lbs and up, 40c; young hen turkeys, 8 lbs and up, 40c; cull thin turkeys not wanted; ducks, 4 lbs up 28c; ducks, under 4 lsb, 23c; geese, 10 lbs up, 23c; guineas. 2-lb size, per dos, $10; squabs, 11 lbs to do*, $6; capons, 7 lbs np, 3Se. Butter—Clean p. eking fresh creamery butter in prints is selling at wholesale at 63c; in tubs. 62c. Butter Fat—lndianapolis buyers are pnylng 68c lb. Cheese (wholesale selling prices) Prick. 37c lb; New York cream. 38c; j Wisconsin full cream', 30c; Longhorns, i 37c; limburger. .3Sc

SWINE PRICES RISE SLIGHTLY More Active Competition for Normal Supply of 17,000. COMPARATIVE SALES. Good Good Good Choloe Mixed Light Jan. Heavy. Heavy Heavy. 8. *14.60® 14.70.''[email protected] 9. 15.26 @ 15.36 15.26 15 [email protected] 10. [email protected] 15.25 [email protected] 12. 14.76 @ 14.80 14.76 [email protected] 18. 14.90 @ 16.10 14.90 @15.10 15.00 14. 15.00 @14.10 16,J)[email protected] [email protected] There was more active competition for a normal supply of nearly 17,000 hogs, including 4,-400 carried over from Tuesday, and there was a strong position maintained in prices. Buyers who hesitated in paying up to $14.90 on the final market Tuesday were considerably ia terested at sls or more on Wednesday, and after the opening round there were several scattering sales at [email protected] and a jtiptop price of $15.25 Most of tiie orders were for* hogs weighing 225 pounds or les, and they were the sort that sold at the premium prices. Some of the local interests were not as much in evidence as usual, but altogether the home buying of 7,500 bogs was practically normal. There was a good clearance at prevailing prices. Pigs weighing more than 130 pounds sold at the same price as the matured bogs and lighter kinds from $14.50 down. There was a strong market for sows from $13.75 down. CATTLE. Salesmen struck a snag in the Wednesday cattle market, and at least so far as the steer cattle were concerned. There were many more of that kind of stock than usual in a run of I.GOO, and after a hapd battle between opposing forces there was a general decline of around 50c especially of the steers qualified to sell from sl3 up. The proportion of heifers and cows seemed to be no larger than the trade required, and they sold ns promptly as usual at practically stenay prices as compared with those for the day before. Most of the heifers nr* selling lower than Sl2, and most of the cows under sll. Bnlls were steady. There was another advance in prices of calves, with sales of veals as high, as 822 and heavy kinds from sl2 down. There was onlv a fair demand for feeding cattle, and no visible change in prices. 1 SHEFP. There were only 300 sheep and lamb* for the- midweek market, but they included a deck of lambs that sold at $19.50. the same as the top price for tlie year 1919, 'ind only 50c lower than the record of 1919. Sheep were steady, with $lO the top price for heavy ewes.

CATTLE. —Steers— Prime eornfed steers, 1.300 lbs. and up $17.00018.50 Good to choice steers, 1,300 lbs. and up [email protected] Common to medium steers, 1,300 lbs. and up [email protected] •Good to choice steers, 1.100 to 1,200 lbs [email protected] Common to medium steers, 1,100 to 1,200 lbs 12.00013.00 Good to choice steers, 900 to 1,000 lbs [email protected] Common lo medium steers, 900 to 1,000 lbs 9.00011.00 Good to choice yearlings [email protected] -Heifers and Cows— Good to choice heifers [email protected] Fair to medium heifers [email protected] Common light heifers 7 000 8.00 flood to choice cows 10.00012.50 Fair to, medium cows 8.000 9.00 Canners and cutters 5.00@ 7.00 Bulls and*Calves— Good to prime export bulls.. 9.50011.00 Good to choice butcher bulls 9.00010.00 Bologna bulls 7.000 8.00 Common to best veal calves.. 13.00022.00 Common to best heavy calves [email protected] —Stockers and Feeders Cattl*— Good to choice steers, 800 lbs. i and up 11.00012.00 Common to fair steers, 800 lbs. and up 9.50011.00 Good to choice steers, under 800 lbs [email protected] Common to fair steers, under 800 lbs 8.000 9.30 Medium to good cows 6.250 7.25 Medium to good heifers 7.000 7.30' Fair to best milkers 75.000150.00 Stock calves. 250 to 450 ibs.. 7.00010.00 j HOGS. Good to beat heavies. 250 lbs. average ui* [email protected] Good. 200 to 225 lbs average 15.00015.15 Medium and mixeu, 100 lbs. and upward [email protected] Good to choice hogs. 160 to 200 lbs 15.00015.23 Common to good llgVe. down to 140 lbs [email protected] Roughs and packers [email protected] Bulk of good sows 13.2’’ ,v ’13.75 Best pigs, under 140 lbs [email protected] Light pigs 14.50 down Bulk of good hogs v 15.00 SHEEP AND LAMBS. Good to choice sheep 9.00@ 10.00 ! Ccommon to medium sheep .. 5.00@ .8,00 flood to choice yearlings ... 10.00011.00 Good to choice laniLs [email protected] Common to medium lambs ... 12.00017.00 1 Bucks, per 100 lbs 6.500 7.50 j - i Other Live Stock CLEVELAND, Jan. 13.—Hogs— Re- | celpts, 2,000; market, 10@25e higher; yorkers, $15.25; mixed, $15.10; medium, j $15.10; pips, $15.25; roughs, sl3; stags, ! $lO. Cattle—Receipts, 200; market! steady. Sheep and lambs—Receipts, 500; market steady; top, $19.75. Calves—Re-i celpts, 200; market steady; top, s2l. 1 PITTSBURG, Jan. 13.—CattI®-Re-ceipts, light; market slow; choice, $l5O 16; good, $13.50014; fair, $10.50011.50; veal calves, [email protected]. Sheep and larnbs —Receipts, light; market steady; prime wethers, $11.50012.25; good, $10.50011.25; fair mixed, $8.50010; spring lambs. sll @19.50. Hogs-Receipts. 20 double decks; market lower; prime heavy hogs, sls; mediums. $15.50013.75; heavy yor'kers, $15.50015.76; light yorkers. $15015.23; j pigs, $14.50015; roughs, $12013.50; stags, $9.50010. CHICAGO, Jan. 13.—Hogs—Receipts, 58,000; market steady to 10c higher; bulk, $14.40014.70; butchers, $14014.75; j packers, sl3 26014.15; lights, $14014.60; pigs, $13.25014.25- roughs, $13.25013.75. i Cattle—Receipts, 20,000; market steady to 25c higher: beeves, $8.25019.75: 'butchers, $6.50014.75; canners and cut- ■ tars, $5.2508; Stockers and feeders, $6.50 S 12.50; cows, $6.50014.73; calves, $10.50 18. Sheep—Receipts, 18,000; market steady; lambs, [email protected]; ewes, $5.25 j @l2. , EAST RT. LOUIS. 111., Jan. 13.—Cat- ' tie —Receipts, 6,500; market slow; native; beef steers, $15.60016.50; yearling beef : steers and heifers. $14015; cows, sllO , 12: Stockers and feeders, $10011; calves, ! $16.75018; canners and cutters, $5,500 j 6.70. Hogs—Receipts, 19,Qp0; market steady or. best; mixed and butchers, $14.75015.05; good heavies, $14.9*3015; rough heavies, $12.25013.75; light, $l5O 15.05: pigs, $12.25014.25; bulk of salei,, $14.75015. Sheep—Receipts, 2,000; market steady; ewes, $9.75@d0; lambs, $18.o( @l9; canners and cutters, $708.' EAST BUFFALO, N. Y., Jan. 13.—Cattle—Receipts, 560;. market slow, steady; prime steers, $16016.75; butcher grades, $10015; cows, $4010.50. Calves—Receipts, 350; market steady; culls to choice, S6O 23. Sheep and Lambs—Receipts, 3,400; market active, lambs 25c lower, others steady: choice lambs, $20020.25; culls to fair, $13019.50; yearlings, $15017.50; sheep. $6013. Hogs—Receipts,' 8,000; ; market active, firm; yorkers, $15.40015.50; pigs. $15.50; mixed, $15.35015.50; heavies, $15.85015.50; roughs, $12013.50; stags, I $10011.50. CLEVELAND PRODUCE. CLEVELAND, Jan. 14.—Produce—Butter, creamery, In tuba, extra, C6Vi@o7c; | extra firsts, 65 1 ,i ) @66c; tlrsts. 6454@65c; f>rints, lc higher; seconds, 61062 c; packng, 45c. Eggs—Northern extras, 73c; extra firsts, 72c; northern firsts, new cases, 71e; ebl j cases 70c southern and western firsts, ; new cases, 70c; refrigerator extras, 35cPoultry—Live, fowls, 27028 c; heavy 1 grades. 32034 c; roosters, old. 21*:; spring- [ era. 27@25c.; heavy grades, 31032 c; ducks, 36@88o; gejfce. 25@33<y; turkeys. 40c.

INDIANA DAILY TIMES, WEDNESDAY, JANUARY 14, 1920.

On Commission Row TODAY’S PRICES. Apples—ln barrels: Extra fancy Red Jonathans, sl2; extra fancy Grimes Golden, $11; Baldwins, $8.50; Greenings, $9; Hubbardson, s9@ll; Jonathans. so(s 10.50; ; Rome Beauties, sß.so<g'lo.sb Kings, $9; Wine Saps, $10; Maine Northern, $10; Wealthy, SS; York Imperials, $9; Kinnalrd Favorites. $8; Grimes Golden, No. 1 grade, $9. In boxes; Rome Beauties, 80s to 150s, $3.50; Grimes Golden, 98s to 1755, $3.50; Delicious, 80s to 150s, $4.50; Winter Bananas. 80s to 150s, $3.75; Yellow Ortleys, 72s to 1635, $3.50 <§,3 75; Spitzenberg, 80s to 150s, $3.50. Bananas—Pound, he. Beans—Michigan navy, in bags, per lb, B%c; pinto, 8c; limas. 15%c; blackeyed, Bc. Beets—6s pound bags, $1.75. Cabbage—Cwt., $0.50; red, lb. 10c; Romaine, $1 hamper. N Carrots—Basket, 40 lbs, $1.50. Cauliflower-*—Fancy, crate. 12s to 144’, $1.75. Celery—California, crate, 7 to 10 doz, $8.50; Jumbo, crt., $1.50. Cider—Gallon, 75c. Coeoanuts—Per 100, $12.50; doz. $1.75. Cranberries—32-lb box, [email protected]; bbl, $9.50; Centennial, bbl, $10.50. Cucumber—Hothouse, Davis, doz, $3.50; Florida, 0 doz box, $7. Dromedary Dates —Three dozen pkgs, $6.75. Figs—New, in boxes, 50 pkgs, 6-oz. 55c; 24 pkgs. 8-oz, $3.25; 12 pkgs, 10-oz, $2.25; 10-lb layer, $3.25; Smyrna, box 11 lbs. $4.20; Spanish, box, 2 lbs, $5.50. Garlic—Pound, 43c. Grapefruit—Extra fancy Fioridas, $4.50 @4.75; fanev Florldns. $4. Grapes—Fancy imported Almerlcas in kegs, 40 pounds, net, sl4. Emperors, keg, $9. Honey—Comb, new, cases of 24 caps, $7.75; extracted, 60-lb tins. 22c; South American, dark extracted. 16c lb. Lemons--California*. standard box. $3.50@4. Lettu-ee —Leaf, pound, 24c; Iceberg, crate, 4 doz., $5. Mangoes—Flor*das, 2 doz, basket, 50c. Oranges—California navel, box, $4.50@ 6.50; Sunkist, [email protected]; Florida. $5. Nuts—Filberts, I'.!, 29@82c;( English walnuts, 87<g40c; chestnuts. 33c; pecans, 30c, 50c, 70c; Brazils, 28c; almonds, 33@ 36c; shcllbark hickory. 10c. Onions—Red and jeiiow. cwt. $0; western, SG.SO; Spanish imported, basket, $3 23; green, doz bunches, shallots, 80c; Popcorn—Pound, 9c. Oysterplant—doz, 7Sc. Pears—Clara gas, box 40 lba, $5.50; Neills, box 40 lbs. $4.50. Popcorn—lib. 10c. Potatoes—Bakers fancy, cwt., 5T.25; northern white, $4.80(g4.90. Rutabagas—Cwt, $1.75; 50 lbs, sl. Sage- Fancy, doz, 50c. Sweet Potatoes- Hamper, 45 lbs, $3; Nancy Hall, basket. 40 lbs. $2.50. Tomatoes Basket, C lbs, $l5O. Turnips -Bu, $2.75. Stock Exchange Elects Officers

At the annual meeting of the board of governors of the Indianapolis stock exchange held Tuesday li. Foster Clip pinger was elected president: Otto I\ Ilnueisen, vice president: Chester A. Jewett, secretary, anil J. F. Wild, treasurer. Mr. Clipplnger was vice president daring tho last year and Mr. Hauelsen secretary They succeeded to tUel*present offices automatically by rule of precedent established by the exchange. Mr. Jewett and Mr. Wild nrp the two new officers elected, succeeding George 1:. Elliott as • president and Charles S Becker as treasurer. < The new board of governors of the exchange for the coming year are H. F. Clipplnger. Otto F. Hnueisen, Charles S. Becker. Chester A Jewett and .1. U. Wild. Hr. Hnueisen. in his annual report ns retiring secretary, showed tin* year dosed wns the largest in point of sales In the history of the exchange. The total amount of business on the exchange during thp year 1919 aggregated sl, 950: $254,000 represented sales of corporation bonds, 3,374 shares of stock of Indiana corporations and and trnns".-. rions In she Liberty and Victory bond issues constituted the remainder. Christmas Play Without an Angel CHARDON, 0., Jan. 14. Chardon* Christmas celebration was forced to worry along without an angel. And here’s tbe reason; There were no blond maidens lo play (he part in Chardon. A careful taking of stock revealed the fact that all of tbe, young ladles of the village were decidedly brunette. aud therefore could ifot portray the part of the Christmas angel. Cotton Report Shows 39,677 Bales Increase WASHINGTON, Jan. 14.—Cotton corn sumed during December totaled 511.585 bales as compared with 472,90S bales in December, 1018. the census bureau an nounced today.

Balance of $50,000 offering of real estate preferred stock of American Town Lot Company PAYS 8% LONG DIVIDEND RECORD. QUARTERLY DIVIDENDS TAX EXEMPT IN INDIANA 0 Net assets at close of last fiscal year over 3% times outstanding preferred. Net earnings for the four years and eight months ending October 1, 1918, averaged over $42,000 per annum, and the net earnings for the year ending October 1, 1919, amounted to over $65,000, or more than 4% times the annual dividend on the total outstanding preferred, including this additional offering. This company has had marked success from {ihe very beginning, and is now one of the largest and strongest real estate companies in the Middle West. Assets Over a Million We offer the unsold portion of this stock in amounts to suit purchasers. Price par, SIOO per share, yielding 8 %. * The right is reserved to reject any and all applications, and also in any case to award a smaller amount than applied for. Orders may be telephoned or telegraphed at our expense. Further particulars and descriptive circular on request. „ LAFAYETTE PERKINS f 918 Fletcher Trust Bldg. Phones—Automatic 22-535; Bell, Main 4295.

CENTRAL STATES AGENCIES incorporated under the laws of the State of Indiana Financial Brokers and Underwriters Market Prloo Pgld for Llborty Bonds Phones An'S* ts-M7 7 \ 127 E. Market St., Indianapolis

Money to Loan on Mortgages STATE UFE INSURANCE CO.

GRAIN MARKET GOES HIGHER Heavy Sales and Fresh Export Demand Boost Pirices. CHICAGO, Jan. 14.—Fresh speculative buying, a strong eastern and'export demand and smaller receipts caused higher prices for grain on the Chicago Board of Trade today. Provisions were lower. January corn opened down %c at $1.36%, but gained l%c layer. May corn, down %c at the opening, $1.32, advanced l%c before the close. July corn, $1.30% at the opening, down %c, gained l%c thereafter May oats, So%c at the opening, down %c, gained 1% in later trading. July oats opened down %c at 74%e, but advanced l%c before the close. CHICAGO GRAIN. —Jan. 13— CORN—Open. High. Low. Close. Jan. 1.39% 1.39% 1:37 1.37% *2 1.37% i Majf. 1.34% 1.34% 1.32 1.32% *2% 1.34% 1.32% July 1.32% 1.33% 1.30 Vi 1.30% *3% 1,33% 1.30% OATS - / Jan. <B3 83% 80% 81 82% 81% July 70% 77% 75 75% *l% PORK Jan. 39.50 38.50 38.50 38.50 f .25 May. 39.25 39.25 39.00 39.00 * .30 LAltb—.Tan. 24.17 24.17 23.97 23.97 * .13 May. 25.15 25.15 24.80 24.80 * .25 July 25.25 25.25 25.12 25.15 * .28 RIBS— Jan. 19.50 19.50 19.50 19.50 May. 20.60 20.60 20.42 20.42 * .0^ •Tilly 20.95 20.95 20.75 20.75 * .10 •Decrease, tine reuse over yesterday's close. ■ CHICAGO CASH GRAIN. CHICAGO, Jan. 13.—Corn - No. 2 mixed, $1.52®1.53; No. 2 vellow, $1.53; No. 3 mixed, $1.47%; No. 4 mixed. $1.44@ 1.45%: No. 3 yellow, $1.49; No. 4 yellow, $t.43%@1.47; No. 3 white, 51.47 Q 1.48. Data—No. 2 white, $3%:86%rv No, 3 white, S4@Bs%e; No. 4 white, 84 &85c. ' TOLEDO CLOSE. TOLEDO, 0., Jun. 13.—Corn—So. 3 yellow. $1.51% Outs No. 2 white. 88@ 89c. Barley—No. 2, $1.57. Rye No. 2, SI.BO. Clover seed- Cash arid January, $33.40; February, $33.47%; March, $33.40; April, $33.25. * Al-dke* March, $33.00. Timothy--Cash (1917 and 191.8*, $6; cash 11919) mid January, $631; March. $6.25; April and May, $6.22% Butter- -Brick creamery, 68c. Eggs Selects, strictly fresh, 77c; fresh candled, 72c.

PRIMARY MARKETS.— Jun. 13— (Thomson A McKinnon) --Receipts Wlirat. Corn fiats. Chicago 92.000 -i 10.000 438,000 Milwaukee,. 17,000 2t.'00 40.000 Minneapolis. 405,00;> 15,000 59,000 Duluth 21,000 St. Louis 44.000 139,000 114,000 Toledo U.ooo 15,000 25.000 Detroit 1.000 11,000 r..U') Kansas fltv. 282.000 29,000 29.000 Peoria io.otni 80.000 22,<Mi Omaha 48.0s *0 125.000 5.8.000 Indianapolis. 17,000 92,000 80,000 Totals 951.000 9*2.000 870,000 Year ago.. LS.'O.oon 1.579.000 7.81.0 *> —Shipments— Chicago .145,000 !41.0<0 196,000 Milwaukee ... B,o* <> 31.0(0 57.000 Minneapolis. 12,000 49,000 156,000 Duluth 27.00*> St. lamis.. 30,000 61.000 117.000 Toledo 14,000 7.into 7,000 Detroit 6 000 Kansas City. 169,000 23.000 22,000 Peoria 3.000 50,000 20TO" Omaha 68.000 59.000 58,000 Indianapolis. 2,000 25,000 Totnls 480.000 432,000 633.000 Year age.. 303,000 516,00*) 538,000 * "lea mu res— Domestie \V. <'*rn Oats New York... 123.000 Totals 123.000 Year a so.. 62.000 108,000 INDIANAPOLIS CASH GRAIN. Jan. 12 Corn -Firm; No. 4 white. $1.511i: No. 5 white, $1.49; No 3 yellow. $1,521*; Nor 4 yellow. SI 49V; No. 5 yellow. War Veteran Saves Two Drowning Boys ROSTON, Jan. 14. C. Parker, agrd 8, and his brother Donald, aged 6, were rescued from drowning in Belle isle creek. Wlnthrnp, by John Ballou, aged 21, a veteran of the world war, who. on learning of the youngster’s per!!, (tashed from a sickbed in his home and plunged into the ley waters of the creek, effecting the rescue of botli boys.

$1.45%; No. 4 mixed, $1.46% @1.46%; No. 5 mixed. $1.43. Oats-—Firm ; No. 2 white, 87%@87%CHay—Firm ; No. 1 timothy, $30.50@51; No. 2 timothy. $29.50@31; light clover mixed, $20.50030; No. 1 clover mixed, $29 @29.50. ■ —lnspections Wheat—No. 4 red, 1 car; sample, 1 car;/total. 2 cars. Corn—-. No. 3 white, 2 cars; No. 4 white, 5 cars;’ No. 5 white, 3 cars; No. 3 yellow, 1 car; No. 4 yellow. 2 cars: No. 5 yellow, 4 cars; No. 4 mixed, 5 cars; No. 5 mixed, 1 car; ear, 1 car: total, 24 cars, v Oats —No. 1 white 3 cars; No. 2 white, 11 cars; No. 3 white, 2 cars; total, 16 cars. Hay—No. 2 timothy, 1 car; No. 2 light clover mixed, j car; Nd. 1 clover mixed, 2'cars; total, 4 cars. WAGON MARKET The following are the Indianapolis prices of hay and grain by the wagon . load: Hay—Loose timothy, $31@32 a ton; mixed, s3o<g33: clover, $30@33. Corn —[email protected] bushel. Oats—B7@96c bushel. Straw —Wheat, sß@9 ton; oats, $14@15. WAGON WHEAT PRICES. Indianapolis elevators and mills are paying $2.55 for No. 1 white, $2.52 for No. 2 aud $2.49 for No. 3. All other grades according to quality. RETAIL COAL PRICES. Prices on coal delivered at euro. Extra charge lor service when additional labor Is required: Indiana Liuton, No. 4, lump $ 6.75 Indiana, No. 5. lump 6.75 Indiana egg and nut 6.75 Indiana mine run t'-.OJ Indiana nut and slack 8.50 Brazil block... B.OU West Virginia splint lump 8.50 Kentucky eastern lump 8.50 Pocahontas shoveled minp 10.00 Pocahontas mine run 5.50 Pocahontas nut and slack 8.00 By-product coke, all sizes 11.25 Anthracite, all sizes 13.00 Blossburg, Smithing 10.00 West Virginia Caanel lump 11.00 Illinois lump, Harrisourg 7.50 Hocking Vailev lump 8.50 Coal and coxe at yard, hoc per ton less. Kindling with coal, 15c a bundle; separate delivery, 10 bundles. $2. Charcoal. 20 lba to bushel, wagon lota, 45c bushel: small lots. 50c bushel. -Extra Service C’hargea—--75c per ton dumped and wheeled extra nan. $1 per ton wheeled from wagon by driver. t 1.25 bags per ton ground floor. 1.50 bags per ton carried into cellar. LOCAL HIDE MARKET. •Green Hides No. 1. 22c; No. 2,21 c. Green calves —No. 1,50 c; No. 2, 48%.\ Ilorsehides—No. 1, $10; No. 2. $9. Cured hides -No. 1. 25c; No. 2. 24c.

$2,000,000 - Republic Oil & Refining Company (Opvratiaf under a Declaration of Trust) Par Value of Shares SI.OO Each Full Paid and Non-Assessable Nd Bonded Debt or Preferred Stock Security Transfer & Registrar Company. New York Transfer Agent and Registrar Executive Offices, Dallas, Texas OFFICERS AND DIRECTORS Officers JAMES A. JONES. JR., Dali.., Texas President C. D. WILLIFORD. New Orleans, La Vice-President B. V. CHRISTIE, Houston, Texas..... Secretary and Treasurer Directors BASSETT BLAKELY. Oil Producer and Cattleman, Houston, Texas B. V'. CHRISTIE President B. V. Christie Cos., Houston, Texas JAMES A. JONES, JR Oil Producer, Dallas, Texas HENRY S. FOX ...President Houston National Exchange Bank, Houston, Texas MYRON I. LOW President First National Bank, Bloomaburg, Pa. P. A. WALLER. jjp... .Vice-President Boss Mfg. Cos., Kewanee, 111. C. D. WILLIFORD District Manager of Met. Life Ins. Cos., New Orleans, La. DIVIDENDS Dividends of 1 % Monthly have been paid since July, 1919, on the 20th of each month. Extra dividends of 2% Monthly have been paid on the 10th of each month since Nov. 1, 1919. FINANCIAL CONDITION The Company’s Financial Condition is best reflected by the following condensed balance sheet, which gives effect to the additional funds coming in by reason of the oversubscription by the stockholders of the unissued shares of the capital stock. From the statement it will be seen that the securities of the Company will enjoy a very strong position. Condensed Balance Sheet a of November 30, 1919 (After Giving Effect to Sale of 500,000 Shares of Unissued Capital Stock) ASSETS LIABILITIES AND CAPITAL Cash $ 659,710.78 Accounts Payable $ 150.144.16 Accounts Receivable... 41,072.71 Bills Payable 69,915 00 Inventories .......... 7.558.83 I nt e r e„ Accrued 695.97 Wells, rixed <■ -t- ___ Equipment and Oman- Rnervt for 1 ax!> 7 50 ization Expense...... 1,555,187.97 Capital Stock 2,000,000.00 Prepaid Insurance 57.00 Surplus 42,824.66 Total Assets i . .$2,263,587.29 Total Liabilities and Capital $2,263,587.29 r Appraised Lease* $1,409,400.00 more than book figures. SALIENT- FEATURES 1. 15,900 acre* in the North Texas Field. 2. Interest in ten (10) producing wells located Burkburnett Field - ahd N. W. Extension. 3. Approximately $500,000.00 available for new development. 4. Company plans to drill 23 additional wells. The 500,000 shares in this company’s treasury on Jan. 2, 1920, having been oversubscribed by the stockholders, this advertisement appears as a matter of record only and for the information of investors who may desire to acquire the shares on the New Yorfy Curb Market. - K J ... - Descriptive Circular Upon Request JONES & THURMOND 25 Broad St, New York r Philadelphia Chicago Pittsburgh Baltimore Boston Newark Buffalo Indianapolis , These statement*, while not guaranteed, are based upon information from official sources and believed to be correct. - .. ;■ • 4

Wholesale Meats _J Smoked meats shewn call for discount of Vic lb for order of 150 of one Item; 250 lbs and over discount of %c lb. PORK. HAMS— Regular, 14 to 16 lbs .31 Skinned. 12 to 14 lbs .33 Fancy boiled .47% BACON— Fancy breakfast. 5 to 7 lbs.. .47 Sugar cured, 14 to 16 lbs .31 Sugar cured squares.... -28% Fancy sliced, 1-lb cartons.... .53 PICNICS— Sugar cured, 5 to 7 lbs .25 SALT MEAT— Dry salt JoWl butts .19% LARI)— Refined, tierce basis .27 Open kettle, tierce basis -28 FRESH PORK— Spare ribs .22 Shoulder bonds .09 Tenderloins .57 Dressed bogs .22 Light loins, 7 to 9 lbs .28% Extra light loins, 4 to 0 lbs.. -30% Fresh boneless butts .31 Boston butts .26 Skinned shoulders .23 SAUSAGEBreakfast, in 1-lb cartons.... .30 Standard, fresh, bulk .18% Frankfurts, hog casings -19% Bologna .17% FRESH BEEF. The following prices are on first quality No. 1 government inspected meats only: " Medium steers, 400 to 500 lbs .17 Np. 2 heifers -15% Native cows [email protected] Medium cows .13 LOINS— No. 3 :... .20 RIBS— No. 2 .39 No. 3 .20 ROUNDS— No. 3 .20 No. 2 .22 CHUCKS— No. 3 * " .14 PLATES— No. 3 -11 VEAL. CARCASSES— No. 1 quality .24®. 26 No. 2 quality 14%@.18% CHICAGO PRODUCE MARKET. CHICAGO, Jai/. 13.—Buttes—Creamery extras, 61%c; creamery firsts, 59%c; firsts, 56<g61c; seconds, S3@s4c. Eggs— Ordinaries, 54%@66%c; firsts, 67@68c. Cheese —Twins, sX)%@3lc; Young Americas,- 31@32c. Live poultry—Fowls, 28@ 32c; ducks, 34c; geese, 27c; spring chickens, 27c; turkeys, 40c. Potatoes —Re-ceipts-46 cars; Wisconsin and •Minnesota, [email protected]

Corn and Oats Advance When Export Demand Appears

WORLD WAR WON BY THE FARMER Products of American Farm* Brought Victory* WASHINGTON, Jan 14—AmeM helped to save Europe and to preserw civilization, not only during the war but after the armistice, by making available, through increased production and conservation, large supplies of foodstuffs This assertion is made by David F Houston, secretary of agriculture today, in a tribute to the farmers of the United States in his annual report “But for this contribution,” says tbs secretary, “it is difficult to see how the allies could have waged the war to a victorious conclusion Lacking such support and with their own producing capacity seriously crippled, the Germas people experienced partial famine conditions: their health and vitality wer greatly impaired; and the collapse ol their milttary power vfas due in no small measure to the shortage of food. “The cessation of hostilities brought no immediate improvement in Europe. On the contrary, la- some respects more adverse conditions developed. Revolution became the order of the day: the directing hand of government was removed ; dicipline was relaxed; the morale, particularly of the people of tße central powers, was broken; idleness and unemployment and in some sections anarchy reigned. “Food relief after the armistice was imperative not only for the peoples of the new small friendly nations but alao of the enemy countries. It became th® key to the whole situation anil to the establishment of a real pence. Europe had to be fed if order was to be restored and if European civilization and, therefore, that of all the world, including our own. was to be preserved. America had again to assist in saving Europe and herself by supplying food, and that in great abundance.' ‘ It was estimated that Europe would need to import at least 20,000,000 tons of irrefid grains alone, and that of this quantity 11,000,000 most come from the United States. It was obvious also that she would call for large imports of meat* and fnts, and that for months, until shipping expanded again, most of these must be obtained from the United States. This burden America was able to assume because of "be achievements of her farmers." ; AmariCMi Telephone & Telegraph Cos. A dividend of Two Dollars per share j w ill be paid on Thursday, Jan. 15. 1920. | to stockholders of record at the close of J business on Saturday. Dec. 20, 1919. G. D. MILNE. Treasurer.

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