Indianapolis Times, Volume 32, Number 215, Indianapolis, Marion County, 16 January 1920 — Page 19

Bullish Undertone to Corn and I Oats Market

Hars control SItOCK MARKET Values Drop at Opening and i Traders Unload. f NEW TORE, Jan. 16.—After some Btocks showed gains at the opening of the stock market today, the tone became decidedly weak, with losses of from one to six points occurring in practically all the active issues.. Middle States Oil \Vas again under pressure, falling 5% to 38 Mexican Petroleum dropped six points to jiHis Oil, 2% to anew low record or Royal Dutch, 1% to 105%, and Shell Trading, 2% to 86. Pan-American I etrolleum lost 4% to 92%. I Steel common dropped one point to 1105; Crncible, 3% to 204; Baldwin Loco■motive, 2% to 11114, and Republic Steel, iTiz to 220% i The shipping stocks were also unHer pressure, Marine common falling o Wo 41*4 * Marine preferred, two points to §6%, and Atlantic On if, to 159%. I Columbia Graphophohe was in supply, ■dropping 3 points to 50, and American IWoolen lost 2% to 150%. I Losses of about one point viere suffered in the motor shares. • I American Linseed and Tobacco ProdLets were strong exceptions to the genital display of weakness, making upturns of over one point. | NEW YORK LIBERTY BONDS. I NEW YORK, Jan. 15— Libsgty bond Quotations; First S%s, 98.56; first ■2 28; second 4s, 91.08; first 4%5, 93.00, ■econd 4%5, 91.48; third 4V4S, 3.54, Knrth 4%5, 91.58; Victory 3%5, 98.60, victory 4%5, 98.60. I MOTOR SECURITIES. 0 (By Thomson & McKinnon.) I —Opening— I Bid. Ask. Briscoe *o Chalmers com 3 5 ■Packard com £7% ;(f% Backard pfd §4 Chevrolet *\Boo 050 ■Peerless 44 4o iContindntal Motors com .... 14 14% Continental Motors pfd 100 10feupp com 15% 16% iHupp pfd *. 9jf 102 |Reo Motor Car 27% Grant Motors 10% 11% Ford of Canada .... 4..0 435 International Motor com ▼... 110 l-o I International Motor pfd .... 80 100 Hendee Mfg 44 46 United Motors 55 70 Motors *-4% *5% ■Meral Truck 70 72 Valge Motors 44% 36 Republic Truck 51 o3 $ ACTIVE OIL STOCKS. ■ (By Thomson & McKinnon.) ■ —Opening—- ■ Bid. Ask. LDglo-American Oil 29% 30% itlantlc Refining ...1525 1575 Jorne-Scrymser 460 480 luckeye Pipe Line 98 100 Ihesebrough Mfg. Con 255 275 Continental Oil, Colorado ... 550 570 \>sden Oil and Gas 9% 9% Crescent Pipe Line "6 39 !umberland Pipe Line 120 140 Ilk Basin Pete ..• _B% 8% iureka Pipe Line 150 155 lalena-Signal Oil, pfd 108 113 ialena-Signal Oil, com 93 98 llinoia Pipe Line 173 177 ediana Pipe Lifte 98 100 lerrltt Oil 20 21 Midwest Oil 1% 2 lidwest Refining 164' 166 National Transit 135 137 iew York Transit 173 li? lortbern Pipe Line 102 106 *io Oil 375 380 ’3L nn.-Mex. 73 78 Oil and Gas 68© 675 ■Hr Pipe Line 270 275 Hvuipa Refining 6% 7 Har Refining 365 385 Hwutbern Pipe 1 Line 163 168 ■outh Penn. Oil 340 345 Bonthwest Penn. Pipe Lines. 96 99 Standard Oil Cos. of Cal 330 325 Standard Oil Cos. of Ind 735 750 Standard Oil Cos. of Kas 670 710 Standard Oil Cos. of Ky 460 480 standard Oil Cos. of Neb., .t. 520 540 Standard Oil Cos .of N. J 760 770 Standard Oil Cos. of N, Y.... 445 450 Standard Oil Cos. of Ohio 540 - 550 Swan & Finch 100 115 Union Tank Line 125 130 Vacuum Oil 425 430 Washington Oil 35 45

Housewives* Market The following prices are the general prices charged at the city market oftained by striking an average of the prices charged at various stands: Apples, choice, per lt>. 5.05010 Asparagus, bunch 15020 Bananas, dozen 20@30 Beans, stringless, 1b.......... .30 Beans, navy, lb .11 Beans, lima lb .18 Beans, Colo, plntos, lb * .10 Beets lb ......... .10 Brussels sprouts, box .25 Carrots 2 lbs . .15 Cabbage, lb .10 - Cauliflower .25035 Celery, bunch 40015 Cranberries, lb .10 Cucumbers, hothouse, each 30083 Eggplant, each . .25 Grapes, imported, lb .50 Head lettuce, each .20(330 Grapefruit, each 07*^015 Lemons, per doz 25030 Lettuce, leaf, per 1b..........". .25 Onions, lb 06@10 Onions, Bermudas, each 10015 Alnlons, green, bunch .10 marsley, per bunch .05 fParsnips. 2 lbs . .15 Peas, shell, green, lb.. .25 Pineapples, eacj 30040 Potatoes, peck .65 Pears, Anjau, lb .20 Peppers, green, each .05 Potatoes, 4 lbs .25 Radishes. 14-lb 10 Bice, lb .18 Rutabagaß, each 40015 Spinach lb .25 Strawberries qt box 1.25 Sweet potatoes, lb 0614@10 Turnips, lb .10 Parsnips, lb .10 MJ£ATS. Lamb chops, lb $ .40045 Leg of lamb, per lb .35040 Boiled ham. per lb .75 Smoked ham, per lb 40050 Round steak, per lb .25 Fresh beef tongue .30 Smoked beef tongue 40(345 Ljtoast beef 2,’@30 kFlank steak /. 30 tenderloin /. .50 Pork chops .30 Pork sausage .80 Pork tenderloin 60 Porterhouse steak 40045 Chnck steak 28030 Bolling beef 16(3,20 Bacon 40060 Loin steak .30 Hams, wbol .30 Lard, lb .33035 Lamb stew 15025 Spareribs. lb .25 Shoulders, fresh beef .30 Shoulders, fresh pork .27 Beef liver .15 Veal chops .35040 Veal steak .50 Calf liver t .30035 PBODUOB. Hens, full dressed, lb .48 Frys, dressed, lb .55 Ducks, dressed, lb .55 Geese, full dressed, lb .55 Rabbits, dressed, eac-n 45050 Eggs, fresh selects, d0z!..... '.76 Eggs, storage, doz .58 Butter, creamery, lb 68072 A disturbance which was over tbe northwest Thursday morning has advanced southeastward and Is now centered over the middle Mississippi valley as * storm of considerable Intensity and extent. It has caused precipitation from Canada southeastward over the upper Mississippi and Ohio volleys to the middle Alleghenies, and also In the west gulf region, with warmer weather generally from the gulf and south Atlantic to the region west of the lakes. Zero temperature* continue i n Canada and have extended over New England, Wtorev the readings are from 10 to .30 degrees below normal. It Is * warmer over much of the plateau west of the divide, but colder in Alberta, where another field “f high - pressure has made Its uppeorJf. X> ARMING TON, Alotoocalogist.

COMPLETE and ACCURATE MARKET REPORTS

| Local Stock Exchange j • STOCKS. Bid. Ask* Ind. Ry. & Light c0m..?.... 55 60 Ind. Ry. & Light pfd 90 96 Indpls. & Northwest, pfd 75 indpls. & Southeast, pfd 75/u dp is. St. Ry..-n 61% T. H., T. & Light pfd 79 ... T. H., I. & E. com 2 5 T. H., I. &E. pfd 9% 16 U. T. of Ind. com U. T. of Ind. Ist pfd 4% 8U. T. of Ind. 2d pfd 3 Advance-Rumely com 41% 45 Advance-Rumely pfd, 70 75 Am. Central Life 235 Am. Creosoting Cos. pfd 97 Belt Railroad com 114% 122 Beit Railroad pfd 53% ... Century Bldg. Cos. pfd 99% ... Cities Service com 414 418 Cities Service pfd 73% 74 Citizens Gas 35% ... 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 69 Ind. Pipe Line 97 Indpls. Abattoir pfd ....... 49 53 Indpls. Gas * 63 56 Indpls. Tel. Cos. com 4 8 Indpls. Tel. Cos. pfd 73% ... Law Building 93 ... Lemcke Realty Cos. pfd 95 ... Mer. Pub. Util. Cos. pfd 52 National Motor Cos 24 26% Natl. Underwrit. Cos Public Savings 2% Rauh Fertilizer pfd 50 ... Stand. Oil of Indiana 730 Sterling Fire Insurance .... 8% 9% Stutz Motor Cos Van Camp Hdw. pfd 99 Van Camp Pack. pfd. 101 Van Camp Prod. Ist pfd 100 ... Van Camp Prod. 2d pfd.... 100 ... Vandalia Coal com ... 5 Vandalla Coal pfd 11% 14% Wabash Ry. pfd 22 ... Wabash Railway com 7 ...

BON US. - Broad Ripple 5s * 87 Citizens Street Railways ss. 82 87 Ind. Coke & Gas Cos. 6s 96 Ind. Creek Coal & Min. 65... 98 Ind. Northern 5s ... Ind. Union Trac. 5s ... ... indpls., Col. & South. 55.... 88 ... Indpls. A- Greenfield 5s 97 Indpls. & Martinsville 65... 57% ... Indpls. & North. 6s 44 48 Indpls. & Northwestern 55.. 55 65 Indpls. & Southeast 5s 40 49 Indpls., Shelby. & S. E. 55.. 64 ... Ind. St Ry. 4s 61 68 indpls. Trac. & Ter. 6s 63 Kokomo. M. & M. 5s 84 85% T. H., I. & E. 5s Union Trac. of Ind. 6s 64 74 Citizens Gas 5s 83% 87 Indiana Hotel 2d 6s 99 101 Indpls. Gas 5s 79 86 Ind. L. & H. 5s 81 87 Indpls. Water 5s 93 96 Indpls. Water 4%s 74 80 Merchants H. & L. ref. 55... 90 94% New Tel. Ist 6s 93 ... New Tel. 2d 5s 98 New Tel. Long Dist. 5s 91 South. Ind. Power 6s 94% 98% BANKS AND TRUST COMPANIES. Aetna Trust 101 Bankers Trust 115 ... City Trust 79% ... Commercial National .' 72 81 Continental National 111% ... Farmers Trust 390 ... Fidelity Trust 11l P'letcher American National. 257 Fletcher Sav. & Trust C 0.... 166 Indiana National 273 283 Indiana Trust 201 214 Live Stock Exchange 382 Merchants National 201 National City 114% 120 People's State 170 Security Trust 113 State Savings & Trust 96 97V, Union Trust Cos 365 385 Wash. Bank & Trust 130 LIBERTY BONDS. Llberts 3%s 98.60 99.74 Liberty first 4s 92.30 Liberty second 4s 91.10 Liberty first 4%s 02.80 93.00 Liberty second 4%S 91.64 91.70 Liberty third 4%s 93.60 93.63 Liberty fourth 4%s 91.58 91.60 Victory 3%s 98.64 983/8 Victory 4%s 98.70 98.72 SALES. S 15.000 Liberty second 4%s 91.68 iI,OOO third Liberty 4%s 03.64 §21,500 Liberty fourth 4%5.......... 91.58 §IO,OOO Victory 4%s 98.70

—-tLocal Bank Clearings Thursday $3,426,000 Same day last year $2,097,000 Increase over last-year $1,329,000 Wholesale Meajs Smoked meats shown call for discount of %c lb for order of 150 of one Item; 250 lbs and over discount of %c lb. PORK. HAMS— Regular, 14 to 18 lbs .- .31 Skinned, 12 to 14 lbs .33 Fancy boiled , .. .47% BACON— Fancy breakfast, 5 to 7 lbs.. .47 Sugar cured, 14 to 10 1b5.... .31 Sugar cured squares .28% Fancy sliced, 1-lb cartons.... .53 PICNICS— Sugar cured, 5 to 7 1b5...... .25 SALT MEAT— Dry salt jowl butts ....... .19% LARD— Refined, tierce ba5i5.......... .27 Open kettle, tierce basis...... .28 FRESH PORK— Spare ribs .22 Shoulder bones .............. >O9 Tenderloins .57 Dressed hogs .22 Light loins, 7 to 9 lbs .28% Extra light loins, 4 to 8 lbs.. .30% Fresh boneless butts .81 Boston butts Si .28 Skinned shoulders .23 SAUSAGE— Breakfast, In 1-lb cartons.... .30 Standard, fresh, bulk .18% Frankfurts, hog casings .19% FRESH BEEF. The following prices are on first quality No. 1 government Inspected meats only: Medium steers, 400 to 500 lbs .17 No. 2 heifers -15% Native cows .190.24 Medium cows ... v .13 LOINS— No. 3 .20 RIBS— No. 2 .39 No. 3 .21 ROUNDS— No. 3 .20 No. 2 .22 CHUCKS— . No. 3 . .14 PLATES— No. 3 .12 VEA u. > CARCASSES— No. 1 quality 240.28 No. 2 quality 14%@.18% RETAIL COAL PRICES. Price* on coal delivered at euro. Extra charge for servic* when additional labor is required: Indiana Linton, No. 4. 1ump.......$ 8.76 Indiana, No. 6, lump.. 8.73 Indiana egg and nut 6.70 Indiana mine run 6.00 Indiana nut and alack...; JUW Brazil b10ck..... 8.00 West Virginia splint lump 8.60 Kentucky eastern lump 8.50 Pocahontas shoveled lump 10.00 Pocahontas mine run 8.50 Pocahontas nut and slack 8.00 By-product coke, all sizes 11.23 Anthracite, all sizes.... , 13.00 Blossburg, Smithing 10.00 West Virginia Caanel lump 11,00 Illinois lump. Harrisburg 7AO Hocking Valley 1ump..... 8.50 Coal and cok* at yard, Ooc per ton less. Kindling with coal, 16c a bundle; w p. a rate delivery, 10 bundles. $2. . Charcoal, 20 lbs to bushel, wagon lots, 46c bushel: small lota. 50c bushel. —Extra Service Chargee—--75c per ton dumped and wheeled extra nan. $1 per ton wheeled from wagon by driver. $1.25 bags per ton ground floor. $1.50 bags per ton carried tnto cellar. LOCAL HIDE MARKET; Green Hides—No. 1,25 c; No.jSL 24c kJS* £?* #^3Vie'. Hojrsohldee—No, 1. $11.60: No. 2h SIO6O, Xfcrad Hlde*-No. Xlool too. X ml

PRICES OF HOGS SHOW NO SHIFT Outside Support Fails and Market Holds Steady. COMPARATIVE SALES. .Good Good Good Choice Mixed Light Jan. Heavy. Heavy- Heavy. 10. $15.25 @ 15.35 |15.25 [email protected] 12. 14.75 @ 14.80 14.75 [email protected] 13. 14.90 @ 15.10 [email protected] 15.00 14. 15.00 @14.10 [email protected] [email protected] 15. 1t.50@ 15.75 15.50@ 16.65 [email protected] 16. 15.50 @15.75 [email protected] [email protected] The unusual conditions governing the sale of hogs on Friday did not give either of the opposing forces an advantage and consequently there was a continuation of steady prices. A decrease in the available supply of 14.000 hogs was offset by a considerable falling off in the support, from outside sources and local packers had to take more hogs than on Thursday to provide an outlet for the supply. first there was a disposition to confine the sales to one price, $15.50, but the scarcity of light hogs finally pushed that sort to a premium and there were several sales at $15.65, with a few on up to §15.75, the top price. There .was no change In the market for thin weights, the best kind selling at the Fame price as for the matured hogs and lighter or less desirable kinds from sls down. Sows were barely steady, with the tiptop price $13.55, and other sales were $13.73 down. Local killers took 8,000 hogs and the rest went to outside Interests. Cattle. There was not enough change in the cattle market, In any particular, to cause comment and this reflected that the supply of only 600 cattle was equal to the requirements. Ordinarily, the light receipts would have benefited the selling side, but buyers seemed to be united in their opposition to higher rates, and about the only consessions sellers could get was a more liberal inspection concerning quality and fat. Most of the offerings were cattle that could be made Into the cheaper grades of dressed beef and that seems to he the kind that is most desired at this time. There was a continuation of steady prices for calves with sales of veals from $22 down, and there was no improvement in the market for feeding cattle. , Sheep. Thei* was an absence of competition in the market for live mutton stock, but otherwise the Influences were favorable for steady prices and buyers admitted they could not consistently expect any lower figures. The tiptop price for lambs was S2O for a few odd ones and others sold from $19.50 down. The best heavy sheep were steady at $lO down.

CATTLE. —Steers — Prime corn fed steers, 1’ 300 .,., lbs. and up [email protected] Good to choice ■ steers, 1.300 lbs. and up 16.00017.00 Common to medium steers. 1,300 lbs. and up [email protected] Good to choice steers, 1.100 -V 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 11.00012.00 Common to medium steers, 900 to 1.000 lbs 9.00011.00 Good to choice yearlings [email protected] * —Heifers and Cows— Good to choice heifers 11.00014.00 Fair to medium heifers 9.00011.00 Common light heifers 7.000 8.00 Good to choice cows 10.00012.50 Fair to medium cowj 8.000 9.00 Canners and cutters.... [email protected] —Bulls and Calves— % Good to prime export bulls.. 9.50011.00 Good to choice butcher bulls 9.00010.00 Rologna bulls 7.000 8.00 Common to best veal calves.. 13.00022.00 Common to best heavy calves [email protected] —Stockers and Feeders Cattle — Good to choice steers, 800 lbs. and up 11.00012.00 Common to fair steers, 800 lbs. and up 9.50011.00 Good to choice steers, under 800 lbs 1000011.00 Common to fair steers, under 800 lbs <. 8.000 9.50 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 lbs.. [email protected] HOGS. Good to best heavies, 250 lbs. average up 15.50016.60 Good. 200 to 225 lbs average [email protected] Medium and mlxen, 150 lbs and upward 15.50015.65 Good to choice hogs, 160 to 200 lbs 15.50013.75 Common to good l;g v **. down to 140 lbs. 15.25015.50 Roughs and patkekrs 12.00014.00 Bulk of good sows 13.50013.75 Best pigs, under 140 lbs 1,50001.550 Light pigs '.... 14.50 down Bulk of good hogs 15.50 SHEEP AND LAMBS. Good to choice sheep 9.00010.00 Ccommon to medium sheep .. 5.000 8.00 Good to choice yearlings ... 10,00011.00 Good to choice lambs 18.00019.50 Common to medium iambs ... [email protected] Bucks, per 100 lbs 6.50@ 7.50

. * . Other Live Stock CLEVELAND, .Tan. 15—Hogs—Receipts. 4,500.; market, 15025 c higher.; Yorkers, $15.75; mixed, $15.65; medium, $15.65; pigs, $15.75; rough, $13.25; stags. $lO. Cattle—Receipts, 300; market strong. Sheep and lambs—Receipts, I, market, 25c higher; top, S2O. Calves—Receipts, 300; market, strong; top, $22. CHICAGO, Jan. 15.—Hogs—Receipt!, 37,000; market, 80045 c higher: bulk, $15.15 015.45: butchers, $15.10015.45; packers. [email protected]* lights, $14.75015.50; pigs, $13.70014.75; roughs, $13.75014.25. Cattle —Receipts, 11,000: market steady to strong; beeves, $9019.50; butthers, $6.50 @14.50; canners and cutters, $5.2508; stockers and feeders, [email protected]; cows, $6.50013.26 • calves, $16.75018. SheepReceipts, 12,000; market steady to lower; lambs, [email protected]; ewes. $5.2508.50. EAST ST. LOUIS/-111., Tan. 15.—Cattle —Receipts, 31,000; market steady; native beef steers, [email protected] yearling beef steers and heifers, $10012; cows. $10,500 11. stockers and feeders, $10011.50; calves, $16.75018.50; canners and cutters, $5.5006.75. Hogs—Receipts, 17,000; market. 25035 c mixed and butchers, $15015.40; good heavies, $15.15015.35; rough heavies, $12.50013.90; light. $15.20 @15.40: pigs, $12.25015; bulk or sales, $1510015.35. Sheep—Receipts, 28,000; market steady; ewes, $10011.50; lambs, [email protected]; canners and entters, $8.50 @9.50. EAST BUFFALO, N. Y., Tan. 15.—Cattle—Receipts, 325; market dull; prime steers, $16016.75; butcher grades, SIOO 15; cows, S4OIO. Calves—Receipts, 200market active, steady; culls to choice, $6 @23.50. Sheep and lambs—Receipts. 1,600; market active; lambs 15c lower; sheep 50c@$l higher; choice lambs, S2O @20.50; culls .to fair, $13019.50: yearlings. $16018; sheep, $6013.50. Hogs— Receipts, 2,800; market active, 25060a higher; yorkers, $16016.15; pigs, $l6O 16.25; mixed, sl6; heavies, sl6; roughs, $13013.75; stags, $10011.50. PITTSBURG, Pa., Tan. 15.—Cattle—Receipts, 100 cars; market, strong; choice, $15016: good, $13.50@14; fair, $10,600 11.50; fair, $10.50@11.>; veal calves, s2l @21.50. Sheep and light; market, steady; prime whethers, $12012.50; good, $11@IL50: fair mixed, $8010; springs lambs, $12019.75. Hogs —Receipts, 20 doubles; market, strong; prime heavy hogs, $15016.50; mediums, $15015.10; heavy yorkers, $15015.10; light yorkers, $15.50015.-75; • pigs, $15,500 15.75; roughs, $12013.75; stags, $9.00@ 10.50. Border Witnesses „ Believed Hampered SAN ANTONIO, Tex., Jan. 16.—Military intelligence ofi leers are said to be investigating', alleged attempts to Intimidate witness: l * who may be summoned to testify befori the Fall senate’subcommittee lnvestl iting the Mexicah situation In hearin ;s'*here. I That there Ia strong element among (Carranzlsta ac lerents In fean Antpnlo and border cities loattl* to the heirings is wall knows.

INDIANA DAILY TIMES, FRIDAY, JANUARY 16, 1920.

On Commission Row Carrots are quoted higher. Dealers say new price is S6O ton unwashed, or §3 a hundredweight. Demand for cauliflower continues slow. Price is low at [email protected] a crate. Dealers can assign no specific reason for the sudden slump. Sweet potatoes show an advance of 25 cents a. hamper. Now selling at $3.25. Demand" Is improving and receipts are not, Is the reason given by dealers for the new price. Potatoes are Just holding steady, dealers report. Conditions in the general potato market are unsettled. Price of [email protected] per hundredweight prevailing here is by no means a settled quotation. Rutabagas are moving slowly, dealers report. Trade will take turnips at $3 a bushel rather than rutabagas at $1.76 a hundredweight, they say. One of the peculiar conditions that no explicit reason can be given for. Car California celery received and sold. Other shipments are expected, but with the Michigan crop off tne market trade must rely entirely upon California offerings for Its supplies. Frieds quoted by dealers Is $8.50 per crate. TODAY’S PRICES. Apples—ln barrels: Extra fancy Red Jonathans. sl2; extra fancy Grimes Golden, $11; Baldwins, $8.50; Greenings, $9; Hubbardson, $9(6:11; Jonathans. s9® 10.50; ; Rome Beauties, [email protected] Kings, $9; Wine Saps, $10; Maine Northern. $10; Wealthy, $8; York Imperials, $9; Kinnaird Favorites. $8; Grimes Golden, No. 1 grade, $9. In boxes; Rome Beauties, 80s to 150s, $3.50; Grimes Golden, 96s to 1755, $5.50; Delicious, 80s to 150a, $4.5C; Winter Bananas. 80s to 150s, $3.73; Yellow Ortleys, 72s to 1635, $3.50 @3.75; Spitzenberg, 80s to 150s, $3.50. Bananas—Pound, 7c. Beans —Michigan navy, in bags, per lb, B%c; pinto, 8c; limaa. 15%c; blackeyed, Bc. , Beets—6s pound bags, $1.75. Cabbage—Cwt., $6.50; red, lb. 10c; Romaiue, $1 hamper. Carrots —Basket. 40 lbs, $1.60. Cauliflower—Fancy, crate. 12s to 14s, $1.75. Celery—California, crate. 7 to 10 doz, $8.50; Jumbo, crt., $1.50. Cider—Gallon, 70c. Cocoanuts—Per 100, $12.50; dos, $1.75. Cranberries—32-Ib box, [email protected]; bbl, $9.50; Centennial, bbl, $10.50. Cucumber —Hothouse, Davis, doz, $3.50; Florida, 6 doz box, $?. Dromedary Dates—Three dozen pkgs, $6.75. Figs—New, in boxes, 50 pkgs. 6-oz, 55c; 24 t kgs, 8-oz, $3.25; 12 pkgs. 10-oz, $2.25; 10-ib layer, $3.23; Smyrna, box 11 lbs. $4.20; Spanish, box, 2 lbs, $5.50. Garlic—Pound. 45c. Grapefruit—Extra fancy Floridas, $4.50 @4.75; fancy Floridas. $4. Grapes—Fancy imported Aimericas in kegs, 40 pounds, net, sl4. Emperors, keg. $9. Honey—Comb, new, cases of 24 caps. $7.75; extracted, 60-lb iins. 22c; South American, dark extracte*. 16c lb. Lemons —California*. standard box. $3.50@4. Lettuce—Leaf, pound, 24c; Iceberg, crate, 4 doz.. $5. Mangoes—Floridas, 2 doz, basket, Jsoc. Oranges—California navel box. $4.50@ 5.50; Sunkist, [email protected]: Florida. $5. Nuts—Filberts, 15. 29@32e; English walnuts, 37@40c; chestnuis. 36c; pecans. 80c. 50c, 70c; Brazils, 28c: almonds. 33@ :86c; shellbark hickory. JOc. Onions—Red and ,*eiiow. cwt. $6; ' western, $6.50; Spanish imported, basket, $3.25; green, doz bunches, shallots, 80c; Popcorn—Pound, 9c. OysterpUnt—doz. 75c. * rears—Claragas, box 40 ibs, $5.50; Neills, box 40 lbi, $4.50. Popcorn—Lb, l(te. Potatoes —Bakers ■fancy, ,cwt„ §?>2s; northern white, $4 [email protected]. Rutabagas—Cwt, $1.75; .‘>o lbs, sl. Sage—hancy, doz, 50c. Sweet Potatoes —Hamper, 45 lbs., $3.25; Nancy Hall, basket. 40 ihs. $2.50. Toraatpes - Basket. 6 lbs, $l5O. Turnips - Bu. $2.75. NEW YORK METALS. NEW YORK. Jan. 15 -Copper—Quiet; spot and January, 19Vic; February, 19c bid; March, 19%e bid. Lead—Firm; s.pot, January and February, 8%0 bid. S Spelter—-Firm; spec January, February, March and April, [email protected]%c.

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 Net assets at close of last fiscal year over 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 the 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 npplled for. I Orders may be telephoned or telegraphed at our expense. For descriptive circular and further particulars cut out and mail the coupon below. LAFAYETTE PERKINS 918 Fletcher Trust Bldg. \ Lafayette PefkZ^lndianapolls: > Without obligation on my part, c please send me descriptive circular PHONES _ > and further "particulars with referc enee to the preferred stock of the > American Town Lot Company. Automatic 22-536 4 Name • | Street Bell, Main 4295 \ Town i v

KFire and Burglar Proof Safes and % Vault Doors Real Fireproql Filing Sales In Five Sizes From 20x30 to 40x60 inside. These safes can be equipped with any steel filing system. A complete line of office furniture and equipment. Aetna Cabinet Company Display rooms 321-329 W. Maryland St., Indianapolis

CENTRAL STATES AGENCIES Incorporated under the laws of the Btate of Indiana Financial Brokers and Underwriters Market Pries Paid for Liberty Bonds Phones £££* mST J 27 £. Market St., Indianapolis

Money to Loan on Mortgages STATE LIFE INSURANCE CO.

GRAINS SHOW SLIGHT LOSS Heavy Receipts and Lower Cash Market Drop Prices. CHICAGO, Jan. 16.—Continued heavy receipts and a lower cash market caused a drop in grain futures on the Chicago Board of Trade today. . The fact that the United Sfetes Grain corporation has ordered all wheat moved out of Chicago immed ! ately. lnterferriug with the shiplng of a dec' '> f also aided in the drop in corn quotations. Provisions were lower. January -corn opened down %c at $1.38% and dropped one cent lower. May corn opened at $1.333%,-*down %c, and subsequently lost %c later. July corn opened off %c at $1.31%, and lost another %c In later trading. May ohts opened unchanged at 82%c, but lost %c before the close. July oats opened down %c at 76c and ■dropped an additional %s later. CHICAGO GRAIN. - 5 High. Low. Close. May. 1.33 1.34% 1.32 1.33% t % 1.33% 1.32% 1.33% July 1.31% 1.32% 1.30% 131% + % OATS— May. 82 82% 81% 82% t % 82% 1 82% Jdly 76 76% 75% 76% t % 70% - PORK— Jan. 38.50 38.50 38.50 38.50 Mav*39.25 39.50 39.25 39.45 t .50 LARD— , .. Jin. 24.20' 24.20 24.00 24.15 t .15 May. 24.85 24.95 24.77 24.95 . .20 July 25.15 25.20 25.15 25.20 t .15 RIBS— Jnn. 19.50 19.90 19.65 19.90 t -30 May. 20.60 20.75 20.50 20.75 t -28 )Decrease under yesterday’s close. ,

PRIMARY MARKETS. (Thomson & McKinnon.) Jan. 15. —Receipts— t Wheat. Corn. Oats. Chicago 103.000 250 000 246,000 Milwaukee 11.000 50.000 71.000 Minneapolis ... 364.000 38,000 51,000 Duluth 27.000 2,0(M) St. Louis 47.000 86.000 88,000 Toledo 3.000 5.000 6.000 Detroit 2,000 6,000 8.000 Kansas City ... 177.000 30.000 17,000 Peoria 6,000 92,000 32.000 Omaha 40.000 fil.ooo 20.000 Indianapolis ... 2,000 39,000 48,000 Totals 784,000 657,000 605,000 Year ago 900,000 1,218,000 524,000 —Shipments— Wheat. Corn. Oats. Chicago 121.000 153,000 212,000 Milwaukee 20.000 28,000 65,000 Minneapolis ... 138.000 51,000 105,000 Duluth 11,000 St. Louis 64.000 73,000 61.000 Toledo 15,000 3.000 Detroit 1 6.000 2,000 Kansas City ... 190,000 10,000 39,000 Peoria 1.000 46,000 38,000 Omaha 413100 90,000 42.000 Indianapolis .. 2,000 5,000 6,000 Totals 693.000 625,000 584,000 Year ago .... 380,000 606,000 673,000 —Clearances — Dom. W. Corn. Oats. New York 56,000 Boston v... 108,000 Philadelphia * 43,000 Totals 164,000 43,000 Year ago .... 82,000 140,000 524,000 TOLEDO CLOSE. TOLEDO. J m. 15—Corn—No. 3 yellow. $1.52. Oat No. 2 white, 80%@90%e. Barley—No. 2, $1.57. Rye—No. 2, sl.Bl. Cloverseed Cash and January, $34.20; Februhrv, $34.10; March, $34; April, $33.85. Alsike—March. $34. Timothy—Cash (1917 and 1918), $6.30; cash (1919) and January, $6.50; March, April and May, $0.66. Butter—Brick creamery, 68c. Eggs —Selects, strictly fresh, 77c; fresh cand.ed. 72c. Hay—No. 1 timothy, $36; No. 2 timothy, $35. CHICAGO CASH. CHICAGO, Jan. 16.—Corn—No. 4 mixed, $1.43/3,1.44%; No. 3 white, $1.47% @1.48; No. 4 white, [email protected]%; No. 4

yellow. $1.48%@1.45%. Oats—No 2. white, 85%@87%c; No. 3 white, 85@87c. INDIANAPOLIS CASH GRAIN. Corn—Steady; No. 3 white. $1.64; No. 4 white, $1.50%@1.52%; No. 5 yellow. $1.44® 1.45%; No. 4 mixed. $1.46%; No. 5 mixed, $1 44%. Oats—Strong; No. 2 white, 88%@88%e. Hay—Firm ; No. 1 timothy, S3OJO@3I; No. 2 titroothy. $29.50@20; ligat cl ver mixed, $29.50@30: No. 1 clover mixed, $29 @29.50. —lnspecridhs Wheat—No. 2 yerrow, i car. Corn—No. 3 white, 5 cars; No. 4 white, 10 cars; No. 5 white, 1 car; No. 3 yellow, 1 car: No. 4 yellow. 16 cars; No. 5 yellow, 7 cars; sample yellow, 1 car; No. 2 mixed, 1 car; No. 4 mixed, 3 cars: No. 5 mixed, 3 cars; total, 48 cars. Oats—No. 1 white, 6 ears; No. 2 white, 9 cars; No. 3 white. 2 cars; No. 2 mixed, 1 car; total, 18 cars. Rye—No. 4, 1 car. Hay—No. 2 timothy. 1 car; No. 1 clover mixed, 1 car; total, 2 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/&33; clover. §30@33. Corn —[email protected] bushel. Oats —87(f/90e 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 and $2.49 for No. 3. All other grades according to quality. WHOLESALE PRODUCE. The following prices are paid for poultry by local dealers: Eggs—Fresh, 60c doz. Poultry—Fowls. 30c; springs, 30c; cocks, 18c; old tom turkeys, 35c; young tom turkeys, 12 lbs and up, 40c; young tom turkeys, 2 lbs and up, 40c; young hen turkeys, 8 lbs and up, 4#e; cull thin turkeys not wanted; ducks, 4 lbs up. 28c; ducks, under 4 Isb, 23c; geese, 10 lbs up, 23c; guineas, 2-lb size, per doz, $10; squabs, 11 lbs to doz, $6; capons, 7 lbs up, 38c. Butter —Clean packing stock, 40c lb; fresh creamery butter In prints is selling at wholesale at 63c ; In tubs, 62c. Butter Fat—lndianapolis buyers are paying 68c lb. Cheese (wholesale selling price*) Brick, 37c lb; New York cream, 38c; Wisconsin full cream, 36c; Longhorns, 37c; limburger. 38c. Question Needs Care DETROIT, Jan. 16.—Detroit’s moat careful citizen was unearthed today. C. Lloyd Armstrong, who "Journeyed twice around the world,” wrote the license clerk asking aid in selecting a wife.

$2,000,000 Republic Oil & Refining Company (Opsratlas aa4r s DMI arm Mm of Trust) Par Value of Share* SI.OO Each Full Paid and Non-Assessabla / No Bonded Debt or Preferred Stock Security Transfer ft Registrar Company, New York Transfer Agent and Registrar - Executive Offices, Dallas, Texas OFFICERS AND DIRECTORS Officers JAMES A. JONES. JR.. Dallas. Tax**.... ~. President C. D. WILL'FORD, New Orleans, La .'. Vice-President B. V. CHRmITIE, Houston. Taxes. .Secretary and Traaaurax 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. Dalla* Texas HENRY S. FOX...........President Houston National Exchange Bank. Houston, Texas MYRON I. LOW... President First National Bank, Bleemsburg, Pa. P. A. WALLER Vice-President Bess Mfg. Cos., Kewanee, HL C. D. WILLIFORD District Manager of Met. Life ins. Ce„ New Orleans, La. DIVIDENDS Dividend* of 1% Monthly have been paid since July, 1919, on the 20th of oach month. Extra dividends of 2% Monthly have been paid on the 10th of each month since Nov. 1, 1919. , \ FINANCIAL CONDITION The Company'* Financial Condition it beat 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 tock. From the statement it will be seen that the securities sf the Company will enjoy a very strong position. Condensed Balance Sheet as 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 l„ tcrest Accrued „ 695.97 * Leases, Wells, Fixed and x t *t e* Equipment and Organ- Reserve for Taxes 7.50 ization Expense 1,555,187.97 Capital Stock 2,000.000,00 Prepaid Insurance...... 57.00 5urp1u5............. 42,824.66 Tots! Assets Total Liabilties and Capital $2,263,587.29 *Apprai#*d value es Losses $1,409,400.00 more than book figure* SALIENT FEATURES 1. 15,900 acres In the North Texas Fre&d. 2. Interest in ten (10) producing wells located Burkburnett Field and N. W. Extension. 3. Approximately $500,000.00 available for new development. 4. Company plans to drill 23 additional wells. The 500.000 there* in this company’s treasury on Jan. 2, 1920, having been oversubscribed by the stockholder*, this advertisement appear * a* a matter of record only and for the information of investors who may desire to acquire the share* on the New Yori( Curb Market. / Descriptive Circular Upon Request /Jones & thurmond 25 Bread St., New York Philadelphia Chieage Pittsburgh Baltimore Boston Newark Buffalo ladfcuaapeH* Tkooa otatomonte, while mA faaramteed, are booed open *eformatioo from and behoved to bo correct.

Today’s Market Gossip | Armour & Cos. leather and tanning properties are being formed into Armour Leather company. Pennsylvania railroad is reported to be planning to spend $100,000,000 for vast improvements as soon as the road Is returned to private management. Thomson & McKinnon, brokers, special wire carried an estimate of this year’s corn crop at 13 per cent larger than last year's. Private authoritie- estimate 10 per cent decrease in number of farm animals. From these items the Idea Is gathered that there will be a liberal surplus of corn at the end of the crop year. Wire from Chicago says: "The visible supply of rye has Increased slowly but steadily since the commencement of the crop year. De plte claims of big broad foreign demand, this Increase emphasizes the physical difficulties In mrking shipments abroad and if foodstuffs, namely, wheat and rye, can not be exported, then It Is not reasonable to believe that coarse grain will find a free oulet." Chicago wires that of all empty grain cars sent to elevators there for loading. 70 per cent will be used for shipment of wheat. This not only restricts the outward movement of corn, but will lessen the demand for daily receipts. This means a slow cash market and accumulation in elevators here. It Is probably the desire of the grain corporation to bring the enormous reserves of wheat into position for final distribution, which must be done within the next five months, therefore it is probable that rulings of the above nature will remain force indefinitely. Wire from New York says that banka have been large sellers of Liberty bonds the last few weeks. Many institutions have chosen to dispose of a part of their holdings of government bonds rather than use facilities of reserve bank. It Is no secret that an expansion in discounts of war paper is now frow T ned npon at central Institutions and, while reserve banks have not formally refused to discount this class of paper, it Is said members of the institutions have been cautioned in matter of loans of this character. CHICAGO PRODUCE. CHICAGO, 111., Jan. 15.—ButterCreamery extras, 60c; creamery firsts, 68%c; firsts, 55@58c; seconds, 51@54c. Eggs—Ordinaries. ,50@68c; firsts, 61c. Cheese—Swine, 30%@31c; young America's, 31<@32c Live Poultry—Fowls, 31c; ducks, 34c; geese, 27c; spring chickens, 27c; turkeys, 27c. Potatoes—Receipts, 16 cars; Wisconsin and Minnesota, $4.25 @4.50.

Stocks Open With a Rush and Entire List Higher

MUST PROVIDE FOR PETROLEUM Secretary of Interior Lane Says Oil Supply Vital. NEK YORK, Jan. 16. —"The American navy and the American merchant marine and American trade abroad must depend to some extent npon our being able to Secure, not merely for today, but for tomorrow as well, an equal opportunity with other nations to gain petroleum from the fields of the world,” Franklin K. Lane, secretary of the interior, declares In an article written for tomorrow's editoion of the Independent “r have given much thought to this problem of adding to our petroleum supply and It has seemed to me fair that we should first make every effort to Increase the domestic supply through the following methods: “The saving of that which Is now waste, below ground and above ground; the more Intensive use, through new machinery and devices, of the supply which we have: the developemnt of oil fields In our withdrawn territory and in new areas such as the Philippines. "In addition we must look abroad for a supplemental supply and this may be secured through American enterprise if we do these things: “Assure American capital that If It goes into a foreign country and secures the right to drill for oil on a legal and fair basis, all of which must be shown to the state department, that it will be protected against confiscation or discrimination. This should be a known published policy. "Require every American corporation producing oil in a foreign country to take out a federal charter under which whatever oil It produces should be subject to a preferential right on the part of this government to take all of Its supply, or a percentage thereof, at any time on payment of the market price. 4 "Sell no oil to a vessel carrying no charter from'a foreign government when that government does oil at a nondiscriminating price to our vessels.” CLEVELAND PRODUCE. CLEVELAND, Jan. 15.—-Produce—But-ter. creamery, in tuba, extra, 65%@CGe; extra firsts, 64@66c; firsts, 63%@64c; prints, lc higher; seconds, 60@61c; packing, 47c. Eggs—Northern extras, 73c; extr* firsts. 72c; northern firsts, new cates, 71c; old cases, 70c; southern and western- firsts, new cases, 70c; refrigerator extras, 65c. Poultry—Live, fowlc, 27@28c; heavy grades, 32@34c; roosters, old, 21c; springers 2i@2Bc: heavy grades, 31@32c: ducks, 36@38c; geese, turkeys, 40c

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