Indianapolis Times, Volume 32, Number 220, Indianapolis, Marion County, 22 January 1920 — Page 10
10
Grains Drop Following Strong Tone at Start.
STOCK VALUES PICK UP LATE Open Lower, but Around Noon Improvement Shown. NEW YORK, Jan. 22 Although there was some irregularity at. the opening of the stock market today, the tone became heavy after the start, losses of from fractions to over two points being suffered. Steel common sold at 104%. Baldwin Locomotive, after selling up to 111%, dropped to 111, while Crucible yielded one point to 204%. The Marine shares continued under pressure, Marine common falling 1% to 315%; Marine preferred 1% to 93%, and American International 1% to 106%. Mexican Petroleum, after opening 3% higher at 196, had a quick drop to 193%. Pan-American Petroleum rose 1% to 92V 2 , while Texas Company dropped 2% to 199 and Middle States Oil one point to 42%. General Motors yielded 2% to 301 and American Woolen nearly two points to 146%. Colorado Fuel was in supply, dropping 1% to 35%. The railroad shares showed fractional losses. There was no change in trading conditions during the forenoou. Maarine common, after selling as low as 35%, rallied to 37, then tell a point. Goodrich Rubber yielded over a point to 78%. Mexican Petroleum moved tip 2 points from the low to 195% and Pan-Ameri-can Petroleum yielded nearly 2 points from the high to 91. Central Leather dropped nearly 2 points to 89%, Steel common, after falling to 104%. rallied ro 105. Cuba Cane rose 1 % to 52%. XEff YORK LIBERTY BONDS. MEW York, Jan. 21.—Liberty bond quotations: First 3%5, 98.96: first 4s, 92.06; second 4s, 90.80: first 4%5, 92.40: second 4'4s, 91.30; third 4%5. 93.28: fourth 4%5, 01.50; Victory 3%5, 98.48; Victory 4%5, 98.50. NEW YORK METALS. NEW YORK, Jan. 21. Topper—Easy; spot and January offered, 19%c; February and March offered, 19%c. LeadEasy; spot, January, 7%c. Spelter—• Easy: spot, January, February, March and April, 9.1009.20 c. MOTOR SECURITIES. (By Thomson & McKinnon.), i —Opening— j Bid. ARk. Briscoe 70 72 Chalmers, corn 3 5 Packard, com 27 27% Packard, pfd 96 97 j Chevrolet 350 550 Peerless 41 48 Continental Motors, c0m.... 13% 14 Continental Motors, pfd 100 102 i Hupp. com 99 JO2 Hupp, pfd 99 102 Reo Motor Car 26% 27% Elgin Motors 7% 8 Grant Motors 10% 10% Ford of Canada 430 435 Hendee Mfg 42 46 United Motors 55 70 National Motors 24% 26 Federal Truck 70 72 Paige Motors 44 45 Republic Truck 51 53 ACTIVE OIL STOCKS. (By Thomson A McKinnon.) Opening -j Bid. Ask. Anglo-American Oil 28% 29% Atlantic Refining 1475 1525 Borne-Sryruser 430 450 Buekeve Pipe I,lnc 97 KM) Chesebrough Mfg. Cons.... 250 270 Colonial Oil 107 ilO Continental Oil, Col 540 570 Cosden Oil and Gas 9 9% Crescent Pipe Line 3! 37 , Cumberland Pipe Line 120 130 Elk Basin Pete 8% 8% Eureka Pipe Line 150 155 Galena-Signal Oil, pfd 103 106 Galena-Signal Oil. com. .85 89 Illinois Pipe Line 172 177 Indiana Pipe Line 99 101 Merritt Oil 20% 21% Midwest Oil 1% 2 Midwest Refining 164 165 National Transit. 24 35 New York Transit 18(* iss Northern Pipe Line... 100 103 Ohio Oil 360 370 Penn.-Mex 70 74 Prairie Oil and Gas 650 60) Prairie Pipe Line 260 204 Sapulpa Refining 6% 6% Solar Refining 360 280 Southern Pipe Line 140 163 South Penn Oil 335 340 Southwest Penn Pipe Lines. 90 Sip Standard Oil Cos. of Cal 314 318 Standard Oil Cos. of Ind 725 745 Standard Oil Cos. of Kan... 650 6.80 Standard Oil Cos. of Ky 450 470 Standard Oil Cos. of Neb... 520 550 Standard Oil Cos. of N. .1... 765 770 Standard Oil Cos. of N. Y... 440 445 Standard oil < n. of 0hi0... .555 555 Swati A- Finch 100 115 Union Tank Line 126 130 Vacuum Oil 120 430 Washington Oil 30 40 Today’s Market Gossip General Motors corporation is expected to handle a feross business of $1,000,000.000 dollars this year, and to show net earnings of .8145,000,000 before taxes Governor Harding of the federal reserve board, in announcing plans for greater publicity of the board's functioning, says that the members do not want to lie parties to any scheme that will boost or depress any stocks Chicado dispatch ays that corn receipts are disappointingly small, none the less there were some deliveries on January yesterday Contract grades are selling around 81.50, and the January is responding Market will probably remain film until cash prices lose their premium Estimate of hogs on farms gives 70,703.060 tills year, against 73,587,000 a year ago Cattle figures show 42.200.000 this year and 44.579,000 last year This is a decrease of 5,000,00') hogs aud 2,000.000 cattle from last year There appears to be a unanimous disposition among farmers to decrease breeding of spring pigs The loss.-s to feeders of hogs ami cattle during tile past six months have been very sfevere and the feeding industry is going through a period of discouragement New York wire says: “ft is evidently the purpose of the federal reserve board to wipe out any difference that prevails between the regular commercial discount rate and the reserve board rediscount rate This being so, to force liquidation and reduction of borrowing. Following this course it is more than likelv that the rediscount rate should reach 5% and then, if necessary, 6 per cent The owners of commodities will have to take the situation just as traders in stocks and it means, in my opinion, lower prices all around.” Indiana Furs Bring Dollars to Trappers With unprecedented prices prevalent In the fur markets of the world today, and the demand for fine pelts becoming more and more insistent, trappers and hunters in Indiana are reaping rich rewards, according to officials of the state conservation commission. Fur gatherers In considerable number, as indicated by their letters to the department of conservation, will take advantage of the recently promulgated regulations by which authority Is given under state inspection to establish and maintain estates for the propagation of fur-beartng animals during the closed season. The principal fur taken In Indiana for which there is a ready market Is muskrat, opossum, skunk, fox, mink and raccoon. Mink Is the most staple of the fur trade. Year after year the de mand for this fur continues and likewise the value of the fur becomes greater. Mink, because of its durability and appearance, wilt always be stylish for fur wearing—a wonderful variety of stylish garments can be made from mink.
COMPLETE and ACCURATE MARKET REPORTS
Local Stock Exchange STOCKS. Bid. Ask. Ind. Rv. & Light com 55 60 Ind. Ry. & Light pfd 90 96 ludpls. & Northwest, pfd 7o Indpls. & Southeast, pfd 75 Ind pis. St. Ry 60 T. H., T. & Light pfd 79 T. H„ I. & E. com 2 T. H.. I. A- E. pfd 9% ... U. T. of Ind. com ’ - C. T. of Ind. Ist pfd 4% ... V. T. of Ind. 2d pfd. 3 Advance-Rumely Cos. com... 41 Advance-Rumely pfd 70 Am Central Life 235 \m. Creosoting Cos. pfd 97 Belt Railroad com 115 , 122 Kelt Railroad pfd 53% ... Century Bldg. Cos. pfd 99 ... Cities Service com 403 408 Cities Service pfd 72% 73 Citizens Gas 36 Citizens Gas, prior to 1917.. 36% ... Dodge Mfg. Cos. pfd- 98% ... Home Brewing 60 Indiana Hotel com 75 Indiana Hotel pfd 99 ... Ind. National Life 4% .- Ind. Title Guaranty 64 72 Indiana Pipe Line 98 Indpls. Abattoir pfd 49 ludpls. Gas 66 66 Indpls. Tel. Cos. com 4 8 Indpls. Tel. Cos. pfd 73% 53% Law Building 93 Lemcke Realty Cos. pfd 95 Mer. Pub. Util. Cos. pfd 46 53 National Motor Cos 25 26% Natl. Underwrit. Cos Public Savings 2% ... Rauh Fertilizer pfd 50 Stand. Oil of Indiana 720 ... Sterling Fire Insurance 8% 9% Stutz Motor Cos 123 Van Camp Hdw. pfd 99 ... Van Camp Pack, pfd 101 Vitn Camp Prod. Ist pfd 100 Van Camp Prod. 2d pfd 100 Vandalia Coal ccm 6 Vandalla Coal pfd 11% H% Wabash Railway com 8 Wabash Ry. pfd 22 .... BONDS. Broad Ripple 5s 55 ... Citizens Street Ry. 5s 82 86 Ind. Coke & Gas Cos 6s 96 99 ind. Creek Coal & Min 65... 9S ... Tnd. Northern 5s Ind. Union Trac 5s indpls., Col. & South 5s S8 ... Indpls. & Greenfield os 97 Indpls. & Martinsville 5s 58 Indpls. & North 5s 43% 48% Indpls. & Northwestern 55.. 55 65 Indpls. A- Southeast 5s 40 49 Indpls., Shelby & S. E. 55... 64 ... Ind. St. Ry 4s 61 68 Indpls. Trac & Ter 5s 63 Kokomo, M & M 5s 84 85% T. H., I. & E. 5s Union Trac of Ind 6s 63 70 Citizens Gas 5s 84 87 Indiana Hotel 2d 6s 99 101 Indpls Gas 5s 80% 85 Ind L. & H. 5s 81 85 Indpis. Water 5s 93 96 Indpls. Water 4%s 74 79 Merchants H. & L. ref 55.... 90 91 New Tel Ist 6s 93 New Tel 2d 3s 9.S New Tel Long Dis 3s 91 ... South Ind Power Os 94% 98% BANKS AND TRUST COMPANIES. Aetna Trust 101 Bankers Trust 115 City Trust SO Commercial National 72% 81 Continental National 111% Farmers Trust 390 ... Fidelity Trust 111% ... Fletcher American Natl 257 Fletcher Sav A Trust Cos 166 Indiana National 276 286 Indiana Trust 205 215 Live Stock Exchange 382 Merchants National 261 ... National City 114 118 People's State 170 ... Security Trust 113% ... State Savings A Trust 95% 97 Union Trust Cos 365 Wash. Bank & Trust Cos 131 LIBERTY BONDS. Liberty 3%s 99.00 99.20 Liberty tirs* 4s 92.06 Liberty second 4s 91.00 Liberty first 4%s 92.40 92.60 Liberty second 4%s 91.38 91.52 Liberty third 4%s 93.44 93.62 Liberty fourth 4Vis 91.48 91.60 Victory 3% 98.54 9\74 Victory 4%s 98.52 98.72 Local Bank Clearings Wednesday $2,735,000 Same day last year..... 2,670,000 Increase over last year $ 65,000 War Profit Taxes Retard Business? LONDON, .Tun. 22. —At a meeting of the Council of the Association of Brit ish Chambers of Commerce at Princes restaurant, London, recently, A. M. Samuel, M. I\, moved a resolution expressing the opinion of the council: "That the recent proposals for taxation of what are, in many cases, mistakenly called war profits, are preventing British trade expansion, and nre shaking the confidence of those to whom capital and reserved profits are the working tools of their trades.” The resolution also urged that apart from estate duties and other existing taxes, further revenue for any proposed additional reduction of the national debt should be provided by taxation of current profits and current income. Any attempt by the state to reopen trading transactions of the past in order to tax the profits on them, could only result in Inextricable conditions, it was said. War City Breaks Marriage Record LILLE, Jan. 22.—Cupid apparently lias taken up his camp in the city of Lille since its liberation from the Germany, and is bent on making it the greatest marrying city of its size iu the world. Before the war the averege number of marriages annually in Lille was only slightly In excess of 2.000. During the three years of German occupation the number fell to less than 200 annually. But in the year 1919 more than 4.000 couples were married, the record being established during the two days fete In honor of Saint Eloi, when exactly 200 couples joined hands. Inventor Declares Fruit Decay Ended LOS ANGELES, Jan. ' 22.—Following thirty-five years of scientific research. Dr. Henry Barringer Cox. an inventor, announced that he is offering to (ho world as a gift a method by which fruits and vegetables can be preserved indefinitely without ice or chemicals and at little cost. The method prevents loss of odor, flavor and vitality, he says. The products are placed in a can of tin or other metal and a connection made between the can and a gas or water pipe connected with either earth or water. Statistics Show Big Decline in Influenza. WASHINGTON, Jan. 22.—Since Sept. 1, 1918, less than 7,000 cases of influenza have been reported to the United States public health service, it is announced. During the preceding similar period last year more than 400,000 cases occurred. LAGRIPPK IN VALPARAISO. VALPARAISO, Ind., Jan. 22. An epidemic in this city has been diagnosed as lagrippe. Many persons are sick. A small child died from the effects of the disease yesterday.
SWINE GO UP 50 CENTS MORE ** Only 6,000 Animals at Start Cause of Advance in Prices. COMPARATIVE SALES. Good Good Good Choice Mixed Light Jan. Heavy. Heavy Heavy. 16. $15.50 @15.75 $ 1 5.50 @ 1 5.65 $ 1 5.50 @115.7 5 17. 15.00(0)15.15 15.00 @ 15.15 15.15 @ 15.25 19. 15.25 @15.35 15.25 [email protected] 20. 15.40 @ 15.50 [email protected] [email protected] 21. 15.40@ 15.50 [email protected] [email protected] 22. 15.75 @ 15.90 15.75 @ 16.00 [email protected] There was another boomer market for hogs on Thursday and an unusual advance of 50c in prices. This was the result of a fear among some of the eastern buyers that there would not be enough hogs to go around. When the market opened there were only about 11.000 and this was augmented by 2,100 tnrried forward from Wednesday. The first sales, according to average weight were at $15.50, 815.75, $15.90 and sl6. The hogs weighing mote than 250 pounds sold the lowest and those averaging less than 225 pounds were the highest. After the opening round of trading, when buyers were satisfied there would be an' ample supply, the situation weakened and finally it appeared sellers were willing to make a reduction of 25c if they were assured a good clearance. This made the last sales 25c higher than the day before. Digs were higher with only odd sales higher ’han sls, and there was a corresponding advance in prices of sows up to $14.25. Cattle. The receipts of only 1,009 cattle did not appear to be large enough to meet all the requirements on Thursday and there was increased animation in the trading. All buyers were industrious in executing their trading and a goot bit of the business was considered 25c higher than on Wednesday, and especially as compared with the prices prevailing heretofore this week. The demand continued best for the cattle that could be bought at prices that would make the lowest prices for dressed beef, aud this included steers lower than sl3, heifers from sll down and the cows lowe rthan $lO. There was a steady market for hulls as high as $lO and the calf prices from $22 down were strong. There was a little improvement in the demand for feeding cattle. • but no better prices were realized and i they are 50 per cent lower than a week ago. Sheep. There were only 400 sheep and lambs in the Thursday receipts, but 200 of these were about the best that have been here and they sold at $20.25, the highest price ever paid in the local market. Other vales of lambs from S2O down were 50c higher aud sheep were steady. CATTLE. —Steers— Prime cornfed steers, 1.300 lbs. and up $17.00018.50 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 to 1,200 lbs 13.50015.00 Common to medium steers, 1,100 to 1.200 lbs 12.00® 13.00 Good to choice steers, 900 to 1,000 lbs 11.00® 12.00 Common to medium steers, 900 to 1.000 Ills 9.00® 11.00 Good to choice yearlings 13.00015.00 - Heifers and Cows Good to choice heifers 11,00® 14.00 Fair to medium heifers 9.00® 11.00 Common light heifers 7 00® 8.00 Good to choice cows 10.00® 12.30 Fair to medium cows B.ooml 9.00 fanners aud cutters 5.00® 7.00 —Bulls and Calves— Good to prime export bulls.. 9.50®11.00 Good to choice butcher bulls 9 00® 10 On Bologna bulls 7.U00 8.00 Common to best veal calves.. [email protected] Common to best heavy calves [email protected] —Stockers and Feeders Cattle — Good to choice steers, 800 lbs. and up [email protected] Common to fair steers, 800 lbs. and up [email protected] Good to choice steers, under 800 lbs 10 00®11.00 Common to fair steers, under 800 lbs B.oo® 9.50 Medium to good cows 6.25® 7.25 Medium to good heifers 7.00® 7.30 Fair to best milkers 75.00® 150.00 Stock calves, 230 to 450 lbs.. 7.00® 10.00 HOGS. Good to best heavies. 250 lbs. average up 15.75 Good, 225 to 250 lbs average [email protected] Medium and inlxen,' 150 ins. and upward [email protected] Good to choice hogs. i6O to 225 lbs 15.75® 16.00 Common to good rtowr to 140 lli'-' 15.25 m 15.741 Boughs and packers.. 12.00® 14.25 Bulk of sows . 13.5<*9/14.00 Best pigs, under 140 lbs [email protected] Light pigs 14.50 down Bulk of good hogs 15.25® 15.50 SHEEP AND LAMBS. Good to choice sheep [email protected] ('common to medium siieep .. 5.00@ 8,00 Good to choice yearlings ... [email protected] Good to Choice lambs [email protected] Common to medium lamos ... 12.00017.00 Bucks, per 100 lbs 6.50® 7.50 Other Live Stock CLEVELAND, 0., Jan. 21. Hogs— Receipts, _ 3,509; market, steady; yorkers, $15.75;' mixed, $15.75; medium, $13.75; pigs. $15.75; roughs. $13.50; stags, $lO. rattle—Receipts, 200; market steady. 1 Sheep aud lambs—Receipts, 800; market, strong; top, $20.25. Calves Receipts, 300; market, steady; top, $22.50, CHICAGO, Jan. 21.—Hogs—Receipts, 28.000; market steady to 10c lower; bulk, sls® 15.35; butchers, $14.75015.40; packers, $13.60(3)14.65; light. $14.73® 15.25; pigs. $13.75®14.75: roughs, $13.60®14.25. i Cattle—Receipts, 10,000: market slow to ■ steady; beeves, [email protected]; butchers. $6.75 1 @l3; eanners and cutters. $5.50®i.75, Stockers and feeders, [email protected]; cows. $0.75013: oilves, [email protected]. Sheep Re j ceipta, 11.000; market strong to higher: iambs, $14.56(3120.15; ewes, $5.75012.25. EAST BUFFALO, N. Y., Jan. 21.—Cattle—Receipts, 200; market, active, strong; prime steers, $16@17; butcher grades, sl2 ® 13.25; cows, [email protected]. Calves—Receipts, 250; market, active, $1 lower; culls to choice, $6(323.50. Sheep and lambs —Re- ! oeipts, 2,000; market. active. steady; ! choice lambs, $20.50@21 ; culls to fair. ,sl3® 19.50; yearlings, $16018; sheep, $3 @l4. Hogs—Receipts, 4,800; market, active, steady; yorkers. sl6; pigs, $15.75® 16: mixed, $15.85016; heavies, $15.75® 15.90; roughs, $12014; roughs, sll@l2. PITTSBURG, Jan. 21.-Cattle—Re-ceipts, light; market, steady; choice, $14.50® 15; good. $13®13.50; fair. $10®: 11; veal calves, $21@22. Sheep and lambs—Receipts, light; market, steady; prime wethers, [email protected]; good, $11.50® 12.50; fair mixed, s9@ll ; spring/ lambs. $15@21. Hogs Receipts, 20 doubles; market, higher; prime heavy hogs, $15.25 0 15.40: mediums, $160)16.10; heavy Yorkers, $16®.16.10: light Yorkers, $16016.10; pigs. $15.25®15.50; roughs, $12@14; stags, $10012.50. RETAIL COAL PRICES. Prices on coal delivered at euro. Extra charge lor service when additional labor Is required: iudiauu Liuton, No. 4, lump $ 6.75 Indiana, No. 5, lump 9,75 Indiana egg aud nut 6.73 Indiana mine run p.OO Indiana nut and slack 5.00 Brazil block 8.00 West Virginia splint lump 8.50 Kentucky eastern lump 8.50 Pocahontas shoveled xump IO.Ou 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 Canael lump H.OO Illinois lump, Harrisburg 7.50 Hocking VaGev lumn 8250 Coal and cose at yard, aoc per ton less. Kindling with coal, 15c a bundle; separate delivery, 10 bundles, $2. Charcoal), 20 lbs to bushel, wagon lots, 45c bushel-Asman lots. 50c bushel. - Etf.tra Service Charges—--75c per ton(> dumped and wheeled extra nan. $1 per ton a wheeled from wagon by , driver. V {1.25 bags ground floor. LSO bags peMon carried lato cellar.
INDIANA DAILY IIMUIS, THURSDAY, JANUARY 22, 1920.
On Commission Row Car Michigan navy beans arrived. Price holds steady at B%c a pound in bag lots, and S%c in less than bag. Demand continues heavy for beans, dealers report. / - Dealers have held up the sale of cider. They claim that, if cider is not sold the same day as made it accumulates enough alcohol to come under the prohibition law. They- are awaiting a definite ruling from the federal authorities. Cucumbers at $4 a dozen or $7.50 box of two dozen are not moving freely. Price is too high, dealers think. Quality of offerings is unusually good, but there is not enougli of a fancy trade to absorb any volume of stock. Prices generally hold steady. Potatoes, cabbage and the greens showed no change. Dealers can give no assurance as to when the present high price of potatoes will end. “We are buying practically from day to day, so as to be ready to take advantage of any drop that appears,” one veteran dealer said. "When that drop will come no one seems to know.” TODAY’S PRICES. Apples—ln barrels: Extra fancy Red Jonathans, sl2; extra fancy Grimes Golden, $11; Baldwins, $8.50; Greenings, $2; Hubbardson, s9@ll; Jonathans. s9® 19.60; ; Rome Beauties, $8.50®10.50 Kings. $9; Wine Saps. $10; Maine Northern, $10; Wealthy, $8; York imperials, $9; Kinnalrd Favorites, $8; Grimes Golden, No. 1 grade, $9. In boxes; Rome Beauties, 80s to 150s, $3.50; Grimes Golden, 96s 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. 7%e. Beaus—Michigan navy, in bags, per lb, B%c; pinto. 8c; limas. 15%c; blackeyed, Bc. Beets—6s pound bags, $1.75. Cabbage—Cwt., 7c; red, lb. 10c; Komaine, $1 hamper. Carrots - Basket. 40 lbs. $1.75. Cauliflower —Fancy, crate. 12s to. 14s, $1.75. Celery—California, crate, 7 to 10 doz, $8.50; Jumbo, crt., $1.60. Cider—Gallon, 7be. Coconnuts--Bag of KKI, $10; doz.. $1.75. Cranberries—32-lb box, [email protected]; bbl, $9.50; Centennial, bbl, $10.50. Cucumber—Hothouse, Davis doz., $4; Florida, 6 doz. box. $7. Exeisior Dates—Three dozen pkgs, $5.75. 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 ib, $5.50. Garlic—ponuu. 45c. Grapefruit - Extra fancy Fioridas, $4.50 @4.75; fancy Floridss. 4. Y Grapes—Fancy imported Aimerlcas in kegs. 40 pounds, net, sl4. Emperors, keg, $9. Heuey—Comt), new. cases of 24 caps, $7,75; extracted, 60-lb tins. 22c; South American, dark extract**. 16<- lb. Lemons —California*. standard box. $4 @54.50. Lettuce—Leaf, pound, 21c; Iceberg, crate, 4 d->z., $5. Mangoes Fioridas. 2 doz. basket, _6oc. Oranges California navel, box, $4,500 5.50; SunkUt. $5.50®6.25; Florida, $5. Nuts—Filberts. 13, 29®32c; English vv.ilnuts, 37040 c; chestnuts. 35c; pecans, 30c. 50c, 70c; Brazils, 28c; almonds, 30@ 86' 1 ; shellbark hickory. 10c. Onions—Bed and jeiiuw. cwt. $6; western. $6.50; Spanish imported, basket, $3.25; green, doz bunches, shallots, 85c. Popcorn -Pound, 9c. Oysterplant—doz, 75c. Pears—Claragas. box 40 lbs, $5.50; Nelils. box 40 lbs. $4.50. Popcorn--Lb, 10c. Potatoes—Bakers fancy, cwt., $5.60; northern white, [email protected]; Colorado Gems, $6.50. Rutabagas—Cwt, $1.75; 30 lbs. sl. Sage Fancy, doz, 50c. Sweet Potatoes Indiana Jersey, bu., $3.25. Nancy Hall, basket. 40 lbs. $2.50. Tomatoes Basket, 6 lbs, $1.50. Turnips Bu. $2.75. Board to Receive Bids for Streets Bids for street improvements to the amount of $305,105 will be received by the hoard of works Keb. 4. Advertisement for the bids have Just been ordered by the board. The following improvements with estimate costa are included in the Improvement program: Teeumaeh street .from St. Clair to Tenth street, $10,765. Thirty fourth street, from College avenue to Fall Creek Parkway. Rankin street, from Illinois street to Capitol avenue, $3,020. Forty-ninth street, from Pennsylvania street to College avenue, $28,385. Capitol avenue, from McCarty to Ray street, $13,845. Capitol avenue, from Mobile to South street, $43,286. Thirty-sixth street, from Central avenue to Pennsylvania street, $13,823. Gray street, from Washington to New York streets. $13,355. Ewing street, from Tenth to Sixteenth street, $31,828. Gale street from Tenth to Sixteenth street, $34,203. Widening and resurfacing New York street, from Indiana avenue to Alabama street., $56,467. Grading and graveling Twenty-sixth street, from Dearborn to Oluey street, $2,984. Bates street, from Cincinnati to Noble street, $1,535. Local sewer in Hampton Drive, from Illinois street to a point twenty seven feet east of Boulevard Place, $6,725. Improvement of first alley north of Fourteenth street, from Meridian street to the first alley east, $1,160. Curbing on south side of Twentyfourth street, from Northwestern avenue to second alley cast, $523. The new improvements will approximate 50,000 square yards of Improved streets. Many of the resolutions deelnr ing for the improvements were passed by the board last fall. CHICAGO rRODUCEv CHICAGO, Jan. 21.—Butter—Creamery extras, file; creamery firsts. 61c; firsts, 58®’630; seconds, 53®)55c. Eggs - Ordinaries, 50@60c; firsts, 62%@63c, Cheese-Twins, 30%@31c; Young Americas, 31@32c. Live poultry Fowls. 33c; ducks, 5Jc; geese, 27r; spring chickens, 29c; turkeys, 40c. Potatoes Receipts, 18 cars; Wisconsin and Minnesota, $4.70@5. Weather in Other Cities Station. Bar. Temp. Weather. Atlanta, Ga 30.26 58 Cloudy Amarillo, Tex 30.08 24 Cloudy Bismarck. N. D.... 30.74 —l2 Clear Boston, Mass 20.66 12 I’tOldy Chicago. 11l 30.52 16 Clear Cincinnati, 0 30.38 22 Cloudy Cleveland, 0 30.38 22 Cloudy Denver, Colo 29.96 30 Cloudy Dodge City, Kas... 20.12 6 PtCldy Helena, Mont. 30.36 —4 Snow' Jacksonville, Fla. .. 30.32 61 Clear Kansas City, M 0... 30.32 18 Cloudy Louisville. Ky 20.32 28 Rain Little Rock, Ark... 30.26 32 Cloudy Los Angeles, Cal.. 30.04 52 Cloudy Mobile, Ala 30.20 62 Cloudy New Orleans. La. .. 30.18 66 Cloudy New York, N. Y r ... 30.62 20 Cloudy Norfolk, Ya 30.46 34 Rain Oklahoma City 30.26 26 Cloudy Omaha, Neb 30.40 14 Clear Philadelphia Pa. .. 30.64 22 Cloudy Pittsburg, Pa 30.46 24 Cloudy Portland, Ore 30.00 32 Cloudy Rapid City, S. D... 30.52 —4 Snow Roseburg, Ore. ... 29.96 38 Cloudy San Antonio, Tex.. 30.11 38 Rain San Francisco, Cal. 29.88 50 Cloudy St. Louis, Mo 30.32 24 Snow St. Paul, Minn 30.76 —4 PtCldy Tampa, Fla 30.28 62 Cloudy Washington, D. C.. 30 50 24 Snow Observation taken at 7 a. m., Jan. 22, 1919, by U. S. Weather Bureaus. \ WEATHER. Since Wednesday morning precipitation has occurred in a broad belt from eastern Texas to the middle Atlantic coast, and also in California and parts of the upper Missouri valley. While it is a little warmer from the middle and upper Mississippi valley southwestward across the Rockies, it Is coider In northeastern sections and in the far northwest, due to pronounced fields of high pressure in those regions. Temperatures in middlewestern Canada this morning ranged i from 30 to 40 degrees below zero. J- H. ARMING I ON, Meteorologist.
GRAINS REACT AFTER OPENING Bullish Tone at Start Soon Lost and Prices Drop. CHICAGO, Jan. 22.—Light receipts and a strong export demand today caused an advance in grain futures at the opening of the Chicago Board of Trade. The bullish market, however, weakened on the report of eastern railroads placing an embargo on grain shipments. Lower foreign exchange rates also had a depressing influence on the market. Provisions were higher. January corn opened up l%c, at $1.46%, but lost lc later. May corn was down %c at the opening, $1.35, and subsequently lost %c. July corn opened at $1.32%, down %c, and lost %c before the close. May oats opened down %c, at 82%e, and remained unchanged. July oats was unchanged at the opening, 75%c, and remained unchanged through later trading. t CHICAGO GRAIN. —Jan. 21— CORN—Open. High. Low. Close. Jno. 1.41 1.44% 1.41 1.43% $2% May. 1.35 1.35% 1.34% 1.35% t % 1.35% 1.35 July 1.33% 1.33% 1.32% 1.32% • % 1.33% OATS— Jan. 84% 84% 84,% 84% t % May. 82% 83% 82% 82% f % I 82% July 75% 76% 75% t % PORK— Jan. 39.00 39.00 39.00 39.00 May. 39.00 39.25 39.00 39.17 t .17 LARD— Jan. 23.45 23.57 23.43 23.57 * .03 Mav. 24.40 24.47 24.32 24.42 * .03 July 24.67 24.82 24.60 24.75 RIBS— Jan. 19.75 19.75 19.75 19.75 t .10 May. 20.60 20.72 20.50 20.70 j .13 July 20.85 21.07 20.75 21.07 t .22 tlncrease. ’Decrease over yesterday's close. CHICAGO CASH GRAIN. CHICAGO, Jan. 21.—Wheat—No. 2 red, $2.70; No. 3 red, $2.66; No. 3 hard winter, $2.57. Corn—No. 3 mixed. $1.52; No. 4 mixed, $1.4801.50; No. 3 white, $1.51® 1.52; No. 4 white, $1.4701.50%; V . 3 yellow, $1.5501.56; No. 4 yellow, $1.48% 1.51. Oats—No. 2 mixed, 86c; No. 2 white, 87%@89c; No. 3 white, 87%@87%c. TOLEDO CLOSE. TOLEDO, Jan. 21.—Corn—No. 3 yel low, $1.55. Oats—No. 2 white, 80%@00%c. Barley—No. 2, $1.52. Rye—No. 2, $1.78. Clover seed—Cash and January, $36; February, $33.55; March, $35.30; April, $35. Alslke—March. $36.25. TimothyCash and 1017-1918. $6.85; cash 1919 and January, $0.97%; March, $7.07%; April, $7.02% •* May, $6.90. Butter Brick cream cry. 00<\ Eggs Selects, strictly fresh. 73c: fresh candled, 68c. Hay—No. 1 timothy. $508; No. 2 timothy, $305. PRIMARY MARKETS. (By Thomson & McKinnon.) Receipts - Wheat. Corn. Oats. Chicago 109.000 540.000 379.000 Milwaukee ... 12,000 38.000 75,000 Minneapolis... 359.000 12,000 27.000 Duluth 10.000 St. Louts ... 49.000 91,000 122.000 Toledo 7.0000 1.000 4,000 Detroit 2.000 7.000 3,000 Kansas City .. 231.000 55.000 10,000 Peoria I,oo<> 70,000 31,000 Omaha 4.000 92.000 40,000 Indianapolis... 9.000 72,000 48,000 Totals 829.000 978.000 739,000 Year ago... 858,000 1.055,000 1.105,000 —Shipments Wheat. Corn. Data. Chicago 150.000 194.000 253,000 Milwaukee ... 7.000 31.000 29.000 Minneapolis... 192.000 28.000 86.000 Duluth 42,000 St. Louis 98,000 117.000 170,000 Toledo 5.000 7,000 4,000 Detroit 3.000 Kansas City... 236,000 23,000 22.000 Peoria 8,000 140,000 47.000 Omaha 68,000 63.000 84,000 Indianapolis.. 3,000 34.000 10,000 Totals 89,000 640.000 705,000 Year ago .. 322,000 746,000 740.000 —Clearances Domestic W. Corn. Oats. New York 313,000 Totals 313.000 Year ago ... 411,000 4.000 226,000 INDIANAPOLIS CASH GRAIN. —Jan. 21 Cora—Strong; No. 2 white, $1.57%: No. 4 white, $1.56%; No. 3 yellow. $155; No. 4 yellow, $1.51%; No. 5 yellow, $1.49 01.51 ; No. 4 mixed, $1.50%; No. 5 mixed. $1.49%. Oats Strong: No. 2 white, 89%@ 90%o; No. 3 white, SB%c. Hav—Firm: No. 1 timothy, $30.50®31; No, 2 timothy. $29.50030; light clover mixed. $29.50@30; No. 1 clover mixed, ,529 @29.50. —lnspections Corn—No. 2 white, 2 cars; No. 3 white, 9 cars; No. 4 white, 25 cars; No. 5 white. I car; No. 3 yellow, 4 cars: No. 4 yellow, II cars; No. 5 yellow, 7 cars; No. 6 yellow, 1 car; No. 4 mixed, 2 cars; No. 5 mixed. 3 cars; ear. 1 car; total, 66 cars. flats—No. 1 white, 3 cars; No. 2 white, 12 cars; No. 1 mixed. 1 car; No. 3 mixed, 1 oar; total, 17 cars. Hay—Standard timothy, 1 car. WAGON MARKET The following are the Indianapolis prices of hoy aud grain by the wagon load: liay—Loose timothy. $31032 a ton; mixed, $30033; clover, $30033. Corn —$1.5001.60 bushel. Oats—B7o9oc bushel. Straw—Wheat, $S@9 ton: oats, $14015. WAGON WHEAT PRICES. Indianapolis elevators and mills are paying $2.55 for No. 1 white, $2.52 for No. 2 and $2.49 for No. 3. All other grades according to quality. Silver Mark Brings Six and Half JPremium BERLIN, Jan. 22.—Silver coins are expected to vanish completely from money circulation in Germany as a result of the offer of the reichsbank yesterday to exchange 6% marks in paper for every silver mark piece. COST MONEY TO BRAG. —'AKRON, 0., Jan. 22.—Burglars mustn’t brag In Akron. Albert Y’erison and .Tames Adams told a hotel matd they were very wicked second story meu from Chicago. She told a cop. The cop told the Judge and the judge spoke tersely, saying: "Ten dollars each aud for each of them thirty days.”
Republic Oil and Refining Active on New York Curb A COMPLETE financial statement, together with detailed Information as to company’s recent developments and acquisitions mailed upon request. JONES & THURMOND, 25 Broad Street, New York
Housewives* Market The following prices are the general prices charged at the city market obtained by striking an average of the prices charged at various stands: Apples, choice, per ib .$ .05010 Asparagus, bunch 10015 Bananas, dozen 20@30 Beans, stringless, lb .30 Beans, navy, lb. .11 Beans, lima, lb .18 Beans, Colo, pintos, ib .10 Beets lb .10 Brussels sprouts, box .25 Carrots 2 lbs .15 Cabbage, lb .10 Cauliflower 25035 Celery, bunch 10015 Cranberries, lb .12% Cucumbers, hothouse, each.... .30035 Eggplant, each .25 Grapes, imported, lb .50 Head lettuce, each 10@20 Grapefruit, each 07%@15 Lemons, per doz 25030 Lettuce, leaf, per lb * .30 Onions, lb 06010 Onions, Bermudas, each 10015 Onions, green, bunch .10 Parsnips, lb .10 Parsley, per hunch .05 Peas, shell, green, lb .20 Pineapples, each 30@40 Potatoes, peck .75 Pears, Anjau, lb .20 Peppers, green, each .05 Potatoes, 4 lbs .25 Radishes, 3 bunches .10 Rhubarb, bunch .10 Rice, lb .18 Rutabagas, each 10015 Spinach, lb .25 Strawberries qt. box 1.20 Sweet potatoes, lb 06%@10 Turnips, lb .10 MEATS. Lamb chops, lb $ .40045 Leg of lamb, per lb 40045 Boiled ham, per lb .73 Smoked ham, per lb 40050 Round steak, per lb .35 Fresh beef tongue 4 .30 Smoked beef tongue 40045 Roast beef 25030 Flank steak .30 Beef tenderloin .50 Pork chops .30 Pork sausage .30 Pork tenderloin .60 Porterhouse steak 40045 Chuck steak 28030 Bolling beef 18020 Bacon 40080 Loin steak .30 Hams, whole .30 Lard, lb .27% 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 .So@3s PRODUCE. Hens, full dressed, lb .48 Frys, dressed, lb .55 Ducks, dressed, lb .55 Geese, full dressed, lb. .55 Rabbits, dressed, each..." 45050 Eggs, fresh selects, doz .75 Eggs, storage, doz .57 Butter, creamery, lb 68070 Packing Plant Ordered Closed Inspectors of the city board of health have ordered the meat, packing plant of John F. Conoanon, 1327 Silver avenue, closed for lack of proper equipment for handling and slaughtering animals. A campaign to prevent the gale of Inferior grades of meat In the city is also being fostered by health department and an ordinance to prevent the sale of uninspected meit brought Into the city is being prepared for presentation to the ciy council, according to Charles A. Morgan, secretary of the board of health. 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 tip, 40c; young tom turkeys, 2 lbs and up, 40c; voting hen turkeys, 8 lbs. and up. 40c; cull thin turkeys not wanted; ducks, 4 lbs. up, 27c; ducks, under 4 lbs , 23c; geese. 10 lbs up. 22c; guineas, 2-lb. size, per doz, $B); 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 64c; in tubs, 63c. Butter Fat -Indianapolis buyers are paying, 64c lb. Cheese (wholesale selling prices)— Brick, 37c lb.; New Y'ork cream, 38c; Wisconsin full cream, 36c; Longhorns, 37c; limburger, 3Sc. LOCAL HIDE MARKET. Green Hides—No. 1. 26c; No 2,24 c. Green Calves—No. 1. 55?; No 2, 53%e Horsehides—No. 1, $11.50; No. 2, $10.50. Cured Hides—No. 1. 30c: No. 2. 29c.
We own and oft'er, subject to sale and change in price, the following— Indiana Municipal Bonds Exempt from State and Local Taxes in Indiana and from All Federal Income Taxes AMOUNT DESCRIPTION RATE DENOM. MATURITY YIELDING $ 3,•000 Bicknell Funding 5% SSOO Dee. 26-29 4.65 /© 6,000 Bluffton Electric Light 6% 500 December, 1920 4.65% June ’2l-Dee. ’2l 4.400 Boone Cos. Twp. School 5% 400-1,000 July 1, 1921-'29 4.75% 1,000 Brazil School 4% 500 Jan. 1, 1935 4.65% 2,000 Clay Cos. Court House 4% 500 Jan. 1, 1923 4.50% 1.500 Clinton Cos. Twp. School 4% 500 Dec., 1920-21 4.75% 11,000 blast Chicago Fire Engine 5C 500 Oct. 1, 1924 4.65% 5,000 East Chicago Park 5 ( /r 500 April 15, 1939 4.65% 2.500 Floyd Cos. Funding 4% 500 Jan. 1, 1922-23 4.50% 1,000 Franklin Cos. Court House 4% 500 June 1, 1922 4.50% 9,000 Cary School 5% 500 Dec. 11, 1929 4.70% 13,960 Howard Cos. Twp. School 5% 500-280 July 15, 1925-34 4.75% 1,000 Indianapolis City Hall 3%% 1,000 Jan. 1, 1939 4.50% 1,000 Indianapolis School 3%% 1,000 July 1, 1938 4.50% 2,000 Jeffersonville Refunding 3 1 /% 2,000 Jan. 1, 1921 4.65% 5,525 Johnson Cos. Twp. School 5% 325 July 1, ’2O-’3O 4.75% 49,000 Lake Cos. Hospital 5% 1.000 Jan. 1, 1922-27 4.50% 2,000 Madison Refunding 4% 500 Feb. 1, 1930 4.65% LOGO Marion Cos. Twp. School 4% 500 Jan. 1, 1921 4.70% 9.500 Marshall Cos. Twp. School 5% 1,500-2,000 July 1, 1921-’33 4.75% 1,000 Michigan City School 4W,% 500 July 1, 1921 4.65% 2.500 Michigan City Park 5% 500 Jan. ’2l-July ’23 4.60% 1,000 Miller Water Works 5% 500 July 15, 1930 4.70% 1.500 Nappanee Funding 6% 500 Jan. 21, 1921 4.75% 1,000 Newton Cos. Poor Asylum 5% 500 M. 1920, N. 1922 4.50% 1,000 Oivensville Water 5% 500 Feb. ’33, Aug. ’33 4.70% 1.400 Sullivan Cos. Twp. School 4%% 400-500 Jan. 15, 1921 4.75% 10,000 Tell City Electric-Light 5% 1,000 Oct. 15, 1939 4.70% 78,000 Union City School 5% 1,000-600 Jan. 1, ’3O-July 1,’44 4.70% 38,000 Whiting Filtration Plant 5% 500 June 1, 1923-30 4.60% Complete descriptions will he sent upon request, i Orders may be telephoned or telegraphed at our expense. Fletcher American Company Capital $1,500,000 Main 4551 INDIANAPOLIS Automatic 346-821
Wholesale Meats 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— Regu.ir, 14 to 16 lbs .32 Skinned, 12 to 14 lbs .34 Fancy boiled .48% BACON— Fancy breakfast, 5 to 7 lbs.. * .48 Sugar cured, 14 to 10 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% LARD— Refined, tierce basis .26% Open kettle, tierce basis .27% FRESH PORK— Sp ire ribs .22 Shoulder bones .09 Tenderloins 52@54 Dressed hogs .23% Light loins, 7 to 9 lbs .27% Extra light loins, i to 6 lbs.. .29% Fresh boneless butts .31 Boston butts .24 Skinned shoulders .22 SAUSAGE— Breakfast, In 1-lb cartons.... .30 Standard, fresh, balk .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 15%@16% Medium tows .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 VEAL. CARCASSES— No. 1 quality 25027 No. 2 quality 14%@.18% Seven Bond Issues Are Given Approval The approval of seven bond issues by Indiana taxing units was announced by the state board of tax commissioners today. The following issues were approved: Town of Dugger, Sullivau county, $2,000 refunding bonds; town of Covington. $4,000 temporary loan; school city of South Bend, SIOO,OOO temporary loan; school city of Elkhart, $109,000 bonds for improvements; Warren county, $1,600 road bonds; Benton county, $1,600 road bonds; city of Greensburg, $20,000 refunding bonds; Clark county, $17,000 road bonds; Wells county, $9,600 road bonds. Would Prevent U. S. Exporting Its Coal WASHINGTON, Jan. 22.—A bill to prevent the export of coal from the United States for a period of five years was introduced in the house yesterday by Representative Dyer of Missouri
American Town Lot Company, Indianapolis, Ind. DIVIDEND No. 24 The Board of Directors has declared Its twenty-fourth regular quarterly dividend of two (2) per cent, payable Feb. 1, 1020. upon its outstanding preferred stock. Checks will be mailed to addresses of stockholders as recorded on the books of the company. Transfer books will be closed from Jan. 30th to Feb. 2nd. k J Liberty loan bonds™ Also Partially Paid Bonds. REMOVED TO 415 LEMCKE BLDG. Wo are pro- I /\ A EK| C on farm and pared to make city property THOS. C. DAY & CO. ?AtK r Alcohol, Turpentine, Benzol, Rosin ALL GRADES—WHOLESALE. ADVANCE PAINT COMPANY
Stocks in Slump at Opening, but Gain Later.
TELLS OF CHINA TRADE OUTLOOK Educator Says City Should Make Bid for Business. China is at the threshhold of a great business development which Indianpolis manufacturers should not overlook, Randall Capen, principal of the Swatow Academy, at Swatow, China, told the Kiwanis club at its regular weekly luncheon at Hotel Severln yesterday. In emphasizing the needs of the 400,000,000 inhabitants of China, Mr. Capen said the Indianapolis Chamber of merce should send a representative to that country to act as an agent for locai< industry. He recited the patriotic boycott which is on in China against Japan’s trusts, and dwelt at length on what America is doing to educate and equip the country. Mr. Randall Capen is in Indianapolis with Mrs. Capen, who is visiting her mother at 954 Pennsylvania street. He has been an educator in China for many years, having met his wife, who was formerly Miss Henrietta Mayo of Indianapolis. on a boat en route to Japan. She was going to the Orient to visit her sister, who was a missionary there. A meeting of the board of directors of the Kiwanis club has been called for 2:15 o'clock Saturday at the Chamber of Commerce. Food Price Rise Hal teds Says Wyckoff Increases in food prices have been stopped and are at this time slightly lower than on Aug. 1, 1919, according to department of Justice figures, Stanley Wyooff, fair price commissioner for Indiana, said yesterday in a circular letter addressed to all fair price committees in Indiana. In his letter, Mr. Wycoff asks the fair price committees to stop propaganda urging people to buy commodities because of reports that prices will advance still higher. He also asked them to call upon merchants not to advertise the highest priced goods, but to advertise medium-priced commodities. He asks that a meeting of clothing and shoe merchants be called in Various cities in the state to form a guiding program for the public in buying. CLEVELAND PRODUCE. CLEVELAND, 0.. Jan. 21.—Produce: Butter —Creamery in tubs, extra, 68%@ 69c; extra first, 67%®68; firsts, 66%@ 67c; rrints, lc higher; seconds. 61@62c; packing, 57c. Eggs—Northern extras, 70c; extra firsts, 69c; northern firsts, new cases, 68c; old cases. 67c; southern and ■western firsts, new cases, 66c; refrigerators extras, sc. Poultry—Live fowls, 27 ®2Bc; heavy grades 32033 c; roosters, hid 21c; springers. 27@28c; heavy grades. 30c; ducks, 36®38c; geese, 25@33c; turks, 35®38c.
