Indianapolis Times, Volume 32, Number 221, Indianapolis, Marion County, 23 January 1920 — Page 18

18

Stocks Sag at Opening With Market Spotted.

STOCKS START OFF ON DECLINE Prices Weawer at Start With Tone Irregular. NEW YORK, Jan. 23. —There was an irregular tone to the trading at the stock market today, with the price tendency generally to lower grades. Steel common sold off % to 104%. Baldwin Locomotive % to 110*4 and Republic Steel % to 10S. Crucible Steel after yielding % to 205, jumped to 207%. Mexican Petroleum yielded I*4 to 103*4. and then advanced to 195. Texas Company dropped 2*4 to 198% and PanAmerican Petroleum nearly 1 point to 91%. General Motors dropped 2% to 300 and Studebaker yielded to 102, Marine comntn rose % to 38%, while International Paper yielded 1% to 80*4. NEW YORK LIBERTY BONDS. NEW YORK, Jan. 22.—Liberty bond quotations: First 3%5, 98.90; first 4s. 92; second 4s, 90.70; first 4145. 92.00; second 4*/4s, 91.20; third 4%5, 93.241 fourth 4Vis, 91.34; Victory 3%5, 98.44; Victory 4%5, 98.48. 'MOTOR SECURITIES. (By Thomson & McKinuon.) Bid. Ask. Briscoe ’ll 73 Chalmers com V 3 5 Chalmers pfd Packard com 26*4 27*4 Packard pfd 96 97 Chevrolet 350 550 Peerless 44 46 Continental Motors com.. 14 14*4 Continental Motors pfd^. 100 102 Hupp com 15*4 15*54 Hupp pfd 99 102 Reo Motor Car 26**4 27*4 Elgin Motors 7*4 8 Grant Motors 9*4 10*4 Ford of Canada 425 430 International Motor com "International Motor pfd Hendee Mfg 42 47 United Motors 55 70 National Motors 24% 25% Federal Truck 70 70 Paige Motors 44 45 Republic Truck 51 54 ACTIVE OIL STOCKS. —Jan. 22 (By Thomson & McKinnon.) -OpeningBid. Ask. Anglo-American Oil 28 29 Atlantic Refining 1475 1525 Borne-Serymser 430 450 Buckeye Pipe Line 96 99 Chesebrougli Mfg. Cons 250 270 Continental Oil, Colorado... 540 500 Co*den Oil and Gas 9 9% Crescent Pipe Line 34 36 Cumberland Pipe Line 115 125 Elk Basin Pete 8% B*4 F/ureka Pipe Line 148 153 Galena-Signal Oil, pref IDS 113 Galena-Signal Oil, com 83 87 Illinois Pipe Line 72 175 Indiana Pipe* Line 100 103 Merritt Oil 20*4 21 Midwest Oil 1% 2 Midwest Rfg.. 164 106 National Transit 34 38 New York Transit IS2 187 Northern Pips Line 100 1 i;> Ohio Oil 355 365 Penn.-Mex TO 75 Prairie Oil and Gas 650 CIO Prairie Pipe Line.... r 260 265 Sapulpa Refg . 0% OP, Solar Refining 360 3S< Southern Pipe Line 163 166 South Penn. 0i1... 330 % 340 Southwest Penn. Pipe I.lr.es, 96 ’■)'> Standard Oil Cos. of Cal 310 515 Standard Oil Cos. of 1nd.... 715 750 Standard Oil Cos. of Kan.... 650 o*o Standard Oil Cos. of Ky.... 140 460 i Standard Oil Cos. of Neb.... 525 550 Standard, Oi! Cos. of N. .1 758 762 Standard oil Cos. of N. Y.... 430 435 Standard Oil Cos. of 0hi0.... 535 5.5.5 Swan iS: Finch 95 110 Inion Tank Line 125 15,0 Vacuum Oil 425 45<i Washington Gil 30 40 Today’s Market Gossip Armour A- Cos. for the year ended Nov. 1 reports $13.11 a share earned on ;oramon stock against $14.70 year precious. Chicago wire says that export business has been the motive in rye, oats and barley. The steady and radical decline in foreign exchange could quite easily upset the export business and the markets. Dow-Jones report that Cities Service Company declared monthly dividend of *4 of 1 per cent on preferred and *4 of 1 per cent on common, payable in cash Rnd regular monthly dividend of I*4 per ?ent on common in common stock at par. Regular monthly dividend of *4 of 1 per cent on preferred 1!. Goodrich Rubber Company stock is now on a 6 per cent basis. Chicago dispatch, says that “although the volume of export business in corn is negligible the action of foreign exchange is disturbing. It will probably suffice to restrict investment purchases of the deferred corn deliveries. At the same time no great pressure is likely because of the extreme premium for cash."

New York market letter by wire says: “When we read the reports of the iron and steel trades corporation which are now beginning to appear and then notice the action of foreign exchange, the action of the stock market, there is so much inconsistency that it becomes confusing. The outlook for business is decidedly uncertain and this is the point to watch closely. If we are to have general liquidation, which is desired by the banks, then important business contraction must necessarily follow and on that kind of a basis it is rather difficult to imagine how we are to have an imporanr advance In security values. It looks like rallies are about our limit for the present. r Iron Age says: “Car shortage a checking factor in the movement of fuel to iron and steel plants now temporarily at least displaced low unit labor output, as chief obstacle in accelerating production. Activity in last week has been in pig iron rather than in steel. In Cleveland district 100,000 tons were sold to -foundries connected with auto companies. A feature also was a sale of 1,500 tons of basic at $lO vallev, but sales at lower prices are still r£*>orted. Malleable iron has sold in thourtnd- ton lots for last half at $41.25. In car shortage seriously affected pfg iron movements. First definite locomotive inquiries for the year include 100 for Fnion Pacific, forty-five for the Great Northern and forty for the M.. K. & T. Practically all steel required for ship building In 1020 has already been placed.” Local Bank Clearings Thursday $2,723,000 Same day last year 2,697,000 Increase over last year $ 626,000 Shimmy Must Go, Decree in Boston BOSTON, Jan. 23.—Beware O Hugging Wobble! Book sharp. O Shimmy Shake! For the district attorney will get you ;f von don't watch out “It may be months, though we think not, it may be weeks, though probably it will be less than that, when we shall have enough evidence to make the hugging wobble and the shimmy disastrous to try in a Boston dauce hall.” said Assistant District Attorney Daniel J. Gallagher. "For some time we have received complaints from private persons and from societies. No, I may emphatically state that no complaints have come from the Watch and Ward. In some cases we refer the matter to the police; in others ve make an - investigation through the department.”

COMPLETE and ACCURATE MARKET REPORTS

Local Stock Exchange STOCKS. Bid Ask. Ind. Rv. & Light com 55 60 Ind. Ky. A Light pfd 90 96 ludpls. A Northwest, pfd 75 Indpls. & Southeast, pfd 75 Indpls. St. Ry 60 ... T. H, T. A Light pfd 79 T. H., I. A E. com 2 T. H., I. A E< pfd 9% ... U. T. of Ind. com 2 IT. T. of Ind. Ist pfd 4*4 ... V. T. of Ind. 2d pfd 3 Advance-Ttumely Cos. com... 41 Advanee-Rumeiy pfd 70 Am Central Life 233 ... \m.,Creosoting Cos. pfd...... 97 Belt Railroad com 115 122 Belt Railroad pfd 53% .... Century Bldg. Cos. pfd 99 .... Cities Service com Cities Service pfd Citizens Gas 36 Citizens Gas, prior to 1917.. 36% ... Dodge Mfg. Cos. pfd 95% ••• Home Brewing 1 *SO 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 Indpls. Gas 53 56 Indpls. Tel. Cos. com 4 8 Indpls. Tel. Cos. pfd 73% 83% Law Building . 93 Lemcke Realty Cos. pfd 95 Mer. Pul). Util. Cos. pfd • 46 53 National Motor Cos 24% 26 Natl. Underwrit. Cos Public Savings 2% ... Ranh Fertilizer pfd 50 Stand Oil of Indiana 700 ... Sterling Fire Insurance S% 9% Stutz Motor Cos 122 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 ‘Vandalia Coal pfd 11% 14% Wabash Railway com 8 Wabash Ry. pfd 22 BONDS. Broad Ripple os 55 Citizens Street Ry 5s 82 86 Ind. Coke A Gas Cos 6s 96 99 Ind. Creek Coal A Min 65... 98 Ind. Northern Ind. Union Trac 5s Indpls., Col. A South 5s 88 Indpls. A Greenfield 5s 97 Indpls. A Martinsville 55.... 58 Indpls. A North 5s 43% 48% Indpls. A Northwestern 55.. 55 65 Indpls. A Southeast 5s 40 49 Indpls., Shelby A S. E. 55... 64 ... liyd. St. Ry 4s 61 68 Indpls. Trac A Ter 55... ... 63 Kokomo, M A M 5s 84 85*4 T. H.. I. A E. os Union Trac of Did 6s 03 70 Citizens Gas 5s 84 S7 Indiana Hotel 2d 6s 99 101 Indpls Gas 5s 80% So Ind L. A H. os 81 83 Indpls. Water 5s 93 96 Indpls. Water 4*4s 74 79 Merchants H. A L. ref 5s 90 94 New Tel Ist 6s 83 New Tel 2d 5s Os New Tel Long Dis 5s 91 ... South Ind Power 6s 94% 98% BANKS AND TRI ST COMPANIES. Aetna Trust 101 Bankers Trust 115 City Trust ‘ 80 Commercial National 72% 81 j Continental National 111% ... Farmers Trust .... 390 Fidelity Trust 111% ... Fletcher American Natl.?... 257 ... Fletcher Sav A Trust Cos 166 Indiana National 276 2SO 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*4 97 Union Trust Cos *. 365 ... Wash Bank A Trust Cos 130 LIBERTY BONDS. Liberty 3%s 9.8.90 09.20 Liberty first 4s 92.00 Liberty second Is 90.70 Liberty first 4%s 92.80 93.00 Liberty second 4%s 91.28 91.36 Liberty third 4%k 93.30 93.40 Liberty fourth 4%s 91.34 91.40 Victory 3%s 98.46 98.60 Victory 4%s 98.48 98.56 SA LES. 40 shares Indpls. St. Ily 60 $25,000 Victory 4%s 98.48 Less Cotton Ginned Last Year Than 1918 WASHINGTON, Jan. 23.—Cotton ginned to Jan. 16 totaled 10.322,148 bales from the 1919 crop, as compared with 11,048,652 from the 1918 crop, the census bureau announced today.

RETAIL, COAL PRICES. Prices on coal delivered at cura. Extra charge lor service when additional labor Is required: Indiana Linton, No. 4, lump $ 6.75 Indiana, No. 5. lump 6.75 Indiana egg and nut 6.73 Indiana mine run Indiana nut and slack s.oy Brazil block fc.oo West Virginia splint lump g. 50 Kentucky eastern lump 8.50 Pocahontas shoveled iump 10.00 Pocahontas mine run 8.50 Pocahontas nut and slack 8.00 Bv-product coke, all sizes 11.23 Anthracite, all sizes 13.<jy Blossburg, Smithing 10.00 West Virginia Caanel lump H.OO Illinois lump, Harrisuurg 7.50 Hoc-king Vaiiev lump 5.5 0 Coal and coae at yard, 3oc per ton less. Kindling with coal, 15c a bundle; separate delivery, 10 bundles. $2. Charcoal, 20 lbs to bushel, wagon lots, 45c bushel; small lots. 50c bushel. Extra Service Charges—--75c per ton dumped and wheeled extra nan. $1 per ton wheeled from wagon by driver. $1.25 bags per ton ground floor. $1.50 bags per ton carried into cellar. Weather in Other Cities Bar. Temp. Wenth. Atlanta, Ga 30.22 46 Cloudy Amarillo, Tex 30.06 26 Cloudy Bismrack. N. D.... 30.70 -1$ Clear Boston, Mass 30.44 26 Cloudy Chicago, 111 30.30 24 Cloudy Cincinnati, 0 30.16 30 Rain Cleveland, 0 30.28 20 Cloudy Denver, Col. ...... 30.04 24 Cloudy Dodge City, Kns.. 30.20 22 Snow Helena, Mont 30.34 -4 Clear Jacksonville, Fla. . 30.26 64 Clear Kansas City, Mo.. 30.12 26 Cloudy Little Rock, Ark.. 30.00 38 Cloudy Los Angeles, Cal.. 30.04 54 Clear Mobile. Ala 30.10 66 Cloudy New Orica 11 s. La.. 30.06 68 Cloudy New York, N. Y.. 30.40 30 Cloudy Norfolk, Va. 30.38 32' Cloudv Oklahoma City ... 30.08 32 Rain Omaha. Neb 30.20 18 Cloudy Philadelphia, Pa . 30.40 28 Cloudv Pittsburg, Pa. .... 30.22 32 Cloudy Portland, Ore 30.28 2.8 Clear* Rapid City, S. D.. 30.50 8 Cloudy Roseburg, Ore. ... 30.20 38 Cloudy San Antonio, Tex.. 29.96 50 Rain San Francisco, Cal. 30.18 48 Cloudv St. Louis, Mo 30.04 30 Rain St. Paul, Minn.... 30.48 8 Snow Tampa, Fla 30.24 62 PtCidv Washington, D. C.. 30.30 30 Rain „ Observation taken at 7 a. m. Jan. 23, by United States weather bureaus. WEATHER CONDITIONS, 7 A. to. An immense field of high barometric pressure covers the jorthern states and Canada, while depression centers 'are present this morning in the lower Mississippi valley and the southwest plateau. Since Thursday morning precipitation has occurred In most parts of the country, except New England, the lakes region and the extreme southeastern and the extreme northwestern states. 'The precipitation was in the form of rain in southern sections and snows from the upper Mississippi valley northwestward, hut between these areas over the middle Mississippi and Ohio valleys, while the precipitation was in the form of rain generally, temperatures were low enough to cause it to freeze upon surface objects. It is warmer, ip most states in the Mississippi valley, hut temperatures far below tjer-o continue in the northern plains and twiddle western Canada. ■ijL 11. AKMINGTON, Meteorologist.

HOGS ADVANCE; SUPPLY LARGE Effect of Weather Bullish Rather Than Otherwise. COMPARATIVE SALES. Good Good Good Choice Mfxeo Light . Jan. Heavy. Heavv Heavy. 17. [email protected] [email protected] [email protected] 19. 15.25 @ 15.35 15.25 [email protected] 20. 15.40 (§) 16.50 [email protected] 15.50 @ 10.65 21. 15.40 @ 15.50 15.25 @ 15.50 [email protected] 22. [email protected] [email protected] [email protected] 23. 16.00 16.75 @ 16.00 [email protected] Instead of a decline in prices of hogs as many traders expected there would be on Friday, the market was more or less higher and this despite the fact that there were nearly 15.000 hogs, including 3,000 layovers, available for sale. The condition of the weather was a bullish influence because it caused a fear that near future receipts would be curtailed and probably be Inadequate. Consequently there was less opposition to paying higher rates than there otherwise would have been. The greatest demand was for the light and medium weights, but enough rivalry for the heavy hogs to swing prices to a parity with those for other weights and practically all of the sales were at the same price,, $16.50, steady for the light hogs and 10c to 25c higher for others as compared with the best prices on Thursday. There was a top price of $16.10 that did not interfere with the general average of the day. Pigs from $15.50 down were steady as were also tha sows up to $14.25, Cattle. There was an active market for a light run of 700, and this is equivalent to saying that prices were higher. There was a difference of opinion concerning tlie extent of the advance, but apparently there was considerable business 25c higher, and the concensus of opinion indicated there has been a gain of 50c to $1 in prices as compared with those prevailing on the opening market this tyeek. The better the cattle the slower the sale and the good kinds have made the least gain. There was a strong market for calves with the bulk of the sales of the good veals at $22 and heavy kinds from sl3 down. The demand for feeding cattle was adversely affected by the weather conditions but there was not any change in prices. Sheep. The receipts of live mutton tock were about normal for (he time in the week, tmt none of the offerings were considered as good as the lambs tlmt sold for $20.25 on Thursday, and there were none reported higher than 820. Sheep continued steady from $lO down. A double double deck of yearling wethers sold at $lB.

CATTLE. —Steers— Prime cornfed steers, 1.300 lbs. and up $17.00018.50 Good to choke steers, 1,300 ibs and up [email protected] Common to medium steers, 1,300 lbs. and up 14.50015.50 Good to choice steers, 1,100 to 1,200 Dis 13.50015.00 Common to medium steers, 1.100 to 1.200 lbs 12.00013.00 Good to choice steers, 900 to 1,000 His [email protected] Common to medium steers, 900 to 1.000 :L* 9.00011.00 Good to. choice yearlings . .. 13.00015.00 Heifers and Cows — Good to choice heifers [email protected] Fari' to medium heifers 9.00011.00 Common light heifers 7.000 8.00 Good to choice cows 10.00012.50 Fair to medium cows 8.000 9.00 Cnuners and cutter* 5.000 7.00 —Bjllls and Calves — Good to prime export bulls.. 9.50010.50 Good to choice butcher halls [email protected] Bologna bulls 7.000 8.00 Common to best veal calves.. [email protected] Common to host heavy calves 7.00013.00 —Stockers aud Feeder* Catt.e — Good to choice steers. 800 lbs. and up [email protected] Common to fair 800 lbs and up 9.00010.00 Good to choice steers, under .800 lbs 10 00011.00 Common to fair steers, under 890 lbs 8.000 9..)0 Medium to good cows 6.250 7.25 Medium to good heifers 7.000 1 .-.0 Fair to best milkers [email protected] Stock calves. 250 to 450 lbs.. [email protected] HOGS. Good to best heavies. 250 lb*. average up 15.75016.00 Good. 225 to 250 lbs average 16.00 Medium and tnlxen, 150 m? and upward [email protected] Good to choice bogs. *6O to 2”5 lbs [email protected] Common to good kg’)'*, down to 140 lbs 15 25015.50 Roughs and packers [email protected] Bulk of sows 13.50014.00 Best pigs, under 110 lbs 15.00015.50 Light pigs 14.50 down Bulk of good hogs 16.00 SHEEP AM> LAMBS. Good to choice sheep [email protected] Ccouunon to medium sneep .. s.(K>@ 8.00 Good to choice yearling* ... [email protected] Good to choice lambs 18.00020.00 Common to medium laniDS ... 12.00017.00 Bucks, per 100 lbs 6.50@ 7.50

Other Live Stock CLEVELAND, 0., Jan. 22. Hogs—Receipts. 3,500; market, active, 25c higher; yorkers, .$10; mixed sl6; medium sl6; pigs. sl6; roughs. $13.00; stags $lO. Cattle—Receipts, 300; market. slow. Sheep and lambs—Receipts, 1,000; market, 25c higher; top, $20.50. Calves —Receipts, 300; market, strong; top, $23. CHICAGO, Jan. 22 - Hogs—Receipts, 40.000; market higher; bulk, [email protected]; butchers. [email protected]; packers. 14®15; light, [email protected]; pigs, [email protected]; roughs, [email protected]. Cattle—Receipts, 12,000; market, steady to 25c higher; beeves, s9® 18.50; butchers, [email protected]; canners and cutters, $5.75417.75; Stockers and feeders, [email protected]; cows, $6.75 @14.25; calves, $17.50® 19. Sheep- Receipts, 10,000; market steady to higher; lambs. [email protected]; ewes, s6@lß. PITTSBURG, Jan. 22.—Cattle—Re oetpts, light; market, steady; choice, $14.50@15; good, [email protected]; fair, slo@ll ! veal calves, $21@22. Sheep and lambs— Receipts, light; market, steady; prime wethers, [email protected]; good, [email protected]; fair mixed, $0@11; spring lambs, sls@ 21. Hogs—Receipts, 20 doubles; market, higher; prime heavy hogs, [email protected]; mediums, [email protected]; heavy Yorkers, slo@ 16.50; light Yorkers. [email protected]; pigs. [email protected]; roughs, $12@14; stags, $10®: 12.50. EAST BUFFALO, N'. Y„ Jan. 22. Cattle- Receipts, 225; market, heavies slow, lights active and steady; prime steers, $16@17; butcher grades, sl2@ 15.25; cows, [email protected]. Calves—Receipts, 300; market active and steady; culls to choice, [email protected]. Sheep and lambs—Receipts, sl4; market active, lambs higher; choice lambs, [email protected];- culls to fair, $13@20; yearlings, $16@18; sheep, s6@l4. Hogs—Receipts, 4,000; market active, 10@25c higher; yorkers, [email protected]; pigs, $16.25; mixed, sl6® 16.25; heavies, $15.90® 16.10; roughs, [email protected]; roughs, slo® 12. , EAST ST. LOUIS, 111., Jan. 22.—Cattle— Receipts, 3,500; market, steady; native beef steers, [email protected]; yearling beef and heifers, $10@12; cows. $10.50® 11.50; stoekers and feeders, slo@ 11.50; calves, [email protected]; canners and cutters. [email protected]. Hogs—Receipts, 17,000; market. 10c higher; mixed and butchers, [email protected]; ‘good heavies,’ $15.45® 15.60; rough heavies, $12.50@14; light, $15.55® 15.75; pigs, [email protected]; hulk of sales, $15.45® 15.70. Sheep —Receipts, 1,600; market, steady; ewes, [email protected]; lambs, $19.50(3! 19.85; canners and cutters, ?6®s. f CHICAGO PRODUCE. CHICAGO, Jan. 22.—Hotter- Creamery extras, 64c; creamery \flrsts. 61c; firsts, 58@63e; seconds, 53@50V. Eggs Ordinaries, 50®60c: firsts, \611 2 ®63c. Cheese -Twins, 29*4®300; Your* Americas, 3114@32c. Live poultry — Fowls, 33c; ducks, 34c; geese, 27c; spring ctUckens. 29c; turkeys, 40c. Potatoes Reeerwts. " cars; Wisconsin and Minnesota, s\7o@ 4.00. V

INDIANA DAILY TIMES, FRIDAY. JANUARY 23, 1920.

On Commission Row < Car Texas spinach was an arrival by express shipment. Dealers priced it at $1.75 a bushel. — s — Car Kentucky sweet potatoes received 'and is being sold at $5 barrel of 150 pounds. Other sweets hold steady at $3 to $3.25 bushel. Cranberries are moving slow. One dealer who sold a large order today for the flrßt time in three weeks reports no demand. “Cranberries are just dead on the market is all I know,” he said. ‘When 1 wrote this order today It almost gave me prostration. High price of sugar may be the cause. Cranberries are cheaper this year than in many seasons.” Indiana rhubarb Is coming to market in quantities. Few scattered shipments were received last week. Fresh lot of candy-colored jumbo arrived today. Dealers quoted it at $1 dozen bunches. The smaller variety sells for 60 cents dozen. TODAY’S PRICES. Apples—ln barrels: Extra fancy Red Jonathans. sl2; extra fancy Grimes Golden, $11; Baldwins, SS.SO; Greenings, $2; Hubbardsou, $9011: Jonutlians. s9(£4 19.50; ; Rome Beauties, [email protected] Bings, $9; Wine Baps, $10; Maine Northern, $10; Wealthy, $8; York Imperials, 1 $9; ixiunaird Favorites. SS; Grimes * Golden, No. 1 grade, $9. Iu boxes; Rome i Beauties, 80s to loos, $3.50; Grimes Goli den. 90s to 1755, $3.50; Delicious, 80s to ; 150s, $4.50; Whiter Bananas, 80s to 150s, i53.75; Yellow Ortleys, 72s to 1635, $3.50 @3.75; Spitzenberg, 80s to 150s, $3.50. Bananas— Pound, 7%c. Beaus—Michigan navy, in bags, per lb, B%c; pinto, 8c; limas. 15%e; blackeyed, Bc. Beets—6s pound bags, $1.75. Cabbage—Cwt., 7c; red, lb. 10c; Romaiue, $1 hamper. Carrots -Basket. 40 lbs. $1.75. Cauliflower—Fancy, crate, Iks to 14, $1 75. Celery—California, crate, 7 to 10 doz, $8.50; jumbo, crt., $1.50. Cider—Gallon, <oc. Cocoanuts--Bag of 800, $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, 60 pkgs. 6-oz, 66c; 24 pkgs, 8-oz, $3.25; 12 pkgs, 10-oz, $2.25; 10-lb layer, $3.25; Smyrna, box 11 lb*. $4.20; Spanish, box, 2 ibs, $5.50. Garde—round, 45c. Grapefruit Extra fancy Florida*, $4.50 @4.75; fancy Florid**. >4. Grapes—Fancy iinporred Almericas in kegs, 40 pounds, net, sl4. Emperors, keg, $9. Honey—Comti. new, caaps of 24 cap*. $7.75; extracted, 60-lb nth. 22c; South American, dark extracted. 16*- It). Lemons- California*. standard box. $4 @54.50. Lettuce—Leaf, pound, 24c; Iceberg, crate, 4 doz., $5 Mangoes -Florida*. 2 doz. basket, 60c. Oranges—California navel, box, $1.50@ 6.511; Sunkist, $5.50@(>.85; Florida, 85. Nuts—Filbert*, lb, 2:>@32c, English walnuts, 37@40c; chestnuts. 35c; pecan*. 80c, 50c, 70c; Brazils, '2Bc; almonds, 33@ 30’ ; sheilbark hickory, llv. Onions—Red ana ~iiow. cwt. f western, $6.50; Spanish imported, basket, $3.25; green, doz bunches, shallots, 85c. Popcorn Lb, 9c. Oysterplant doz. 75c. l’ear*—Claragas. box 40 lb*, $5.50; Nellis, box 40 lbs. $4.50. Popcorn- Lb, luc. Potatoes- Bakers fancy, cwt.. $5.50; northern white, [email protected]; Colorado Gems, $6.50. Rhubarb--Doz ifcinchcs, Goe; Jumbo, sl. Rutabagas—Cwt, $1.75; .'>o lbs, sl. Sage -Fancy, doz, 50c. Sweet Potatoes Indiana Jersey, bu., $3.25; Kentucky*, $5 bbl, I*o lbs. Nancy Hall, basket. 40 Ibs. $2.50. Tomatoes—Crate. 6 baskets, $6. Turnips Bu, $2.75.

Board to Receive Bids for Streets Bids for street Improvements to the ; Amount of $305,105 will he received by ! the board of works I<*eb. 4. Advertisement for the, bids have Just been ordered by the board. The following improvements with estimate costs are included in the improvement program: Tecumseh street .from St. Clair to Tenth street, $10,765. Thirty fourth street, from College avenue to Kali 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 Ilay street, $13,845. Capitol avenue, from Mobile to Sputh street, $43,280. 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 Irdiana avenue to Alabama street, $56,467. Grading and graveling Twenty-sixth street, from Dearborn to Olney 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 to second aliej- east. $523. The new improvements will approxl- ! mate 50,000 square yards of improved streets. Many of the resolutions declaring for the improvements were passed by the board last fall. CLEVELAND PRODUCE. CLEVELAND, ()., Jan. 22. Produce: ! Butter —Creamery in tubs, extra, 68Mt© 69c; extra first,' 07V6@68; firsts, 66%@ | 67c; prints, 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; refrlgcra- j tors extras. sc. Poultry—Live fowls, 27 | ©2Be; heavy grades, 32©33c; roosters, old 21c; springers, 27©28c: heavy grades. ! 30c; ducks, 36@38c; geese, 25©33c; turks, i 35©38c. WAGON MARKET. The following are the Indianapolis I prices of hay and grain by the wagon | load : (lay—Loose timothy, $33(035 a ton; j mixed, $30©55; clover, $50@33. Corn—9o@92e bushel. Straw—Wheat, sß@o ton; oats, $14@15. j

FOOD FOR CENTRAL EUROPE I "f v * Send us a FOOD DRAFT payable for so much food (not money) to your relatives and friends. Food Drafts will be exchanged for the quantity of food designated thereon at the American Relief Administration Stations in Central Europe. Sold under the plan of the American Relief Administration. Full Information at JhMIkIL THE FLETCHER AMERICAN NATIONAL BANK

STORMS FORCE GRAINS HIGHER Market Dull but Bad Weather Boosts Prices. < CHICAGO, Jan. 23.—Light demand caused a drop In cash grain on the Chicago Board of Trade today, but futures were from %@lc higher. Storms over the grain belt and light receipts influenced the futures. The market was dull. Provisions t were irregular. January corn opened unchanged at $1.42%, but gained l%c later. May corn, down %e at the opening, $1.33%, later gained l%c. July corn, up %c at the opening, $1.31%, subsequently gained %c. May oats opened unchanged at 82c, but gained %c before the close. July oats, unchanged at the opening, 75c, gained %e thereafter. ' CHICAGO GRAIN. —Jan. 22 CORN—Open. High. Low. Close. Jan. 1.44 1.44% 1.42% 1.42% *1 1.44% May. 1.35 1.35% 1.33% 1.33% *l% 1.34% 1.33% July 1.32 Vs 1.33 1.31% 1.31% *l% 1.32% 1.31% OATS - May. 82% 82% 82 82 • % 82% 82% July 75*4 75% 75 75 PORK— Jan. 39.00 39.00 39.00 39.00 May. 39.35 59.37 39.00 39.00 * .17 LARD— Jan. 23.70 23.70 23.50 23.50 • .07 May. 24.50 24.60 24.32 24.32 * .10 July 24.80 24.97 24.65 24.67 .OB RIBS - Jan. 20.00 20.00 19.70 19.70 • .03 May. 20.75 20.85 20.62 20.62 • .03 July 21.20 21.20 20.97 " 20.97 • .10 •Decrease over yesterday’s close. CHICAGO CASH. CHICAGO. Jan. 2V—Wheat—No. 3 red, $2.67; No. 3 hard winter, $2.60; No. 3 northern, spring, $3. Corn—No. 2 yellow, $1.58%; No. 3 yellow, $1.5601.57; No. 4 yellow, $1.46%@1 50; No. 3 white, $151; No. 4 white, $1.4801.49%; No. 4 mixed. $1.4701.49. Oats—No. 2 white, 87,%@87%c; No 3 white, 86@S7%c. TOLEDO CLOSING. TOLEDO, 0., .Tan. 21 — Corn—No. 3 yellow, $1.55. Oats—No 2 white, 89%@'90c. Rye No. 2. $1.73. Barley No. 2. $1.94 Cloverseed—Cash and January, $35.75; February, $35.25; March, $35; • April. $34.5<i. Aisike Cash and January, and March, $36.15. Timothy—Cash, 1917 and ! 1918, $6.85; c a *b, 1919, $6.97; January, $6.97%; March, $7.10; April, $7.05; May, $6.92%. PRIMARY MARKETS. (By Tbotnson*& McKinnon.) Receipts W fteat. Corn. Oats. Chicago 38.000 204.000 211.000 Milwaukee... 12,000 31.000 38,000 Minneapolis... 276.000 22,000 23.000 Duluth 12.000 ..... , 2 000 St. Louis 55 000 91,000 168.000 Toledo 13,000 4.000 6.000 Detroit 2,000 4.000 6.000 Kansas City.. 182.000 47 000 9.000 Peoria 1,000 77.000 25.000 Omaha 34.000 73.000 30.000 Indianapolis 92.000 .'44.000 Tot j Is 625.000 639.000 552.000 Year ago... 878,000 1,012,000 800,000 —Sh ipments— Wheat. Corn. Gats. Chicago 224.000 186.000 233.000 Milwaukee 13.000 36,000 34.000 Minneapolis... 197.000 29,000 69,000 Duluth 8,000 St. Louis 39.000 68.000 144,000 Toledo 7.000 11 000 Kansas City.. 196.000 28.000 22.000 Peoria 1.000 22,000 29.000 Omaha 77.000 122,000 80.000 Indianapolis.. 4,000 35.000 10,000 Totals 766,000 5.37.000 621.000 Year ago... 255,000 582.000 696,000 —Clearances — Domestic W. Corn. Oats. New York 18.000 9,000 Baltimore 34,000 New Orleans.. 168,000 Totals 168,000 52,000 9,000 Year ago 401.000 INDIANAPOLIS CASH GRAIN. —Jan. 22 Corn Easier; No. 3 white. 51.57%; No. 4 white, $1.54%; No. 3 yellow, $1.54; No. 4 yellow $1.50%: No. 4 mixed, $1.50(15 1.50%; No. 5 mixed, $1.48%ff11.49%. j Oats—Steady: No. 2 white, 89%@90%e. Hay—Firm; No. 1 timothy. $31f(i31.50; j No. 2 tiniothv. $30(9.30.50; light clover mixed, $.30(5530.50; No. 1 clover mixed, $29.50030. —lnspections Wheat—Sample, 1 car. Corn—No. 3 white, 3 cars; No. 4 white, | 12 cars; No. 5 white, 1 ear; No. 3 yoi- I low. 3 cars; No. 4 yellow, 11 cars; No. 4 mixed, 7 cars; No. 5 mixed, 5 enre; ■ No. 6 mixed, 1 car; total. 43 cars. oats No. 2 white. 9 cars; No. 4 white, 1 car; total, 10 cars Rye—Sample, 1 car. Hay—Standard timothy. 1 car; No. 1 clover hay, 2 cars: total, 3 cars. WAGON WHEAT PRICES. Indianapolis elevators anil 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.

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 lb $ ,05@10 Asparagus, bunch 10015 Banana*, dozen 20030 Bean*, stringless, lb .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 Ca uliflower 20035 Celery, bunch 10@15 Cranberries, lb .12% Cucumbers, hothouse, each.... ,30@35 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 bunch .05 Peas, shell, green, lb .20 Pineapples, each 30@40 Potatoes, peck .75 Pears, Anjau, ib .20 Peppers, green, each .05 Potatoes, 4 lbs .25 Radishes, 3 hunches .10 Phubarb, bunch .10 Rice, lb .18 Rutabagas, each 100:15 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 .75 Smoked ham, per Ib 40050 Round steak, per lb .35 Fresh beef tongue .30 Smoked beef tongue 4004.) Roast beef 25030 Flank steak .30 Beef tenderloin .50 Pork chops .30 Pork sausage .30 Pork tenderloin .60 Porterhousa steak 40045 Chuck steak 28030 Boiling beef 18020 Bacon 40060 Loin steak .30 Hams, whole .30 Lard, lb .27% Lamb stew .15025 Spa reribs, lb .25 Shoulders, fresh beef !so_ Shoulders, fresh pork .27 Beef liver .15 Veal chops 35040 Veal steak 50 Calf liver 30035 PRODUCE. Hens, full dressed, lb .48 Fry*, dressed, lb .55 Ducks, dressed, lb .55 Geese, full dressed, Ib. .55 Rabbits, dressed, each...’ 45050 Eggs, fresh selects, doz .75 Eggs, storage, doz .57 Butter, creamery, lb 68070 Big Road Problems Will Be Discussed LOUISVILLE, Jan. 23. -The seventeenth annual convention of the American Road Builders' association, to be held here Feb. 9 13. promises to be tlie greatest meeting in the history of the good roads movement. The vast sums which have been and will be appropriated this year for road and street construction and maintenance will total more than a billion dollars and will come up for thorough discussion. It Is well known that the war con ditions were a great handicap in 191 V 1 t<> road construction, and maintenance 1 uni reduced to the barest necessities. Roads all over the country are sadly in need of repairs. Traffic, and especially motor traffic, took great strides forward, with resulting damage to the highways. All these subjects and many others pertinent will be discussed at the con- , ventlon. Avery Instructive as well as entertaining feature will be the exhibits ol road machinery and road materials. Every kind and cias* of appliance and device for labor saving and producing letter results will be on exhibition at the show, where officials, engineers and contractors may become familiar with their mechanism and operation. Moving pictures illustrating the road building industry, a dinner given by the association, a formel reception and bait and other social features will provide ample entertainment for the delegates and guests. Foreign Exchange Drops toNew Lows NEW YORK, Jan. 23.—Sterling and francs again opened at new low records today. Demand sterling was quoted at 3.60%, off % from yesterday's low, and franc checks were 12.045, off 2 centimes. Lire checks were off 4 at 14.14. Marks were .015.'? cents and Belgian francs 12.15 j per dollar.

38 Years Without Loss to Any Investor IN this period of domestic unrest and international uncertainty, the record of S. W. Straus & Cos., now thirty-eight years without loss to any investor, is an invaluable guide to safe, investment. Each successive year adds to # the significance of this record, which has withstood two wars and four financial crises. Our record means cautious care in the selection of the securities we offer, thoroughness in safeguarding them, and an unvarying policy of protection of the interests of our clients. How to Choose Safest 6% January Investments Our booklet, “Safety and 6%” and our current circulars will be an invaluable aid in choosing the safest securities yielding the highest safe income— 6% with 4% Federal income tax paid. They describe a well diversified variety of sound bonds, secured by the highest class of properties in many of the largest cities of the country, from New York to San Francisco. Write for this valuable investment literature, which will he sent without charge or obligation if you specify J - Circular No. AX-325. S. W. Straus & Cos. ESTABLISHED 1882 INCORPORATED MERCHANTS BANK BUILDING—INDIANAPOLIS Telephone—Bell, Main 1801 or Automatic 24-852 Chicago New York Philadelphia Boston Detroit Milwaukee Minneapolis St. Uoula San Francisco Washington Pittsburgh Buffalo Cleveland Los Angeles Thirty-Eight Tears Without Loss to Any Investor

Wholesale Meats Smoked meats shown call for discount %c lb for order of 150 of one Item; - 50 lbs and over discount of %o lb. „ FORK, HAMS— Regular, 14 to 16 lbs .32 Skinned, 12 to 14 lbs .34 Fancy boiled .48% bacon— 9 Fancy breakfast, 5 to 7 lbs.. .48 Sugar cured, 14 to 16 lb* .81 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— Spare ribs .22 Shoulder bone* .09 Tenderloins 52054 Dressed hogs .28% Light loins, 7 to 9 lbs .27% Extra light loins, 4 to 6 lbs.. .29% Fresh boneless butt* .81 Boston butts .24 Skinned shoulder* .22 SAUSAGE— Breakfast, In 1-lb carton*.... .30 Standard, fresh, bulk .18% Frankfurts, hog casing*...... .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 cows .13 LOINS— No. 3 .20 RIBS— No. 2 .39 No. 3 .21 ROUNDS— No. 3 .20 No. 2 °2 CHUCKS—’ No 3 .14 PLATES— N<r. 3 .12 VEAL. CARCASSES— No. 1 quality 25027 No. 2 quality 14%@.18% LOCAL HIDE MARKET. Green Hides—No. 1,25 c; No 2,24 c. Green Calves-No. 1. 55c; No. 2, 53%c. Horsehldes—No. 1, $11.50; No. 2, $10.50. Cnred Hide*—No. 1. 30c: No. 2. 29c.

Exceptional I to South America VISITING JAMAICA, PANAMA, ECUADOR, PERU, BOLIVIA, CHILE, ARGENTINA, URUGUAY, BRAZIL, BARBADOS. For Illustrated Booklet, Rates, Etc. The Fletcher American National Bank Fletcher American Company Agents. TOURS—CRUISES—TRAVEL INFORMATION Fire and Burglar Proof Safes and Vault Doors Real Fireproof Filing Safes In Five Sizes From 20x30 to 40x60 inside. These safes tan 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 lawe of the Btate of Indiana Financial Brokers and Underwriters Market Price Paid for Liberty Bonds Phonet 127 E. Market St., Indianapolis a, ■■■ ■ ■ Money to Loan on Mortgages STATE LIFE INSURANCE CO.

Corn and Oats Futures Go Up but Cash Is Lower.

Don’t Throw Away Frozen Potatoes Frozen potatoes need not be thrown away, as is commonly believed, but should be kept In the frozen condition until they are ready to bfe used and then peeled and cooked immediately. According to Prof. C. T. Gregory of Purdue university, such potatoes will taste exactly the same as the unfrozen ones. The same thing is true of any vegetables that are cooked and not eaten raw. Potatoes do not freeze at the same temperature that water freezes. At 21 to 28- degrees a potato will not freeze for at least twenty-four hours, but "puds” exposed to this temperature will show the internal signs of frosting after being kept in a warm place for a few hours. Frozen potatoes do not usually turn sweet. This condition only occurs’ when they have been kept a long time at a temperature near the danger point. If such potatoes are kept at a ; higher temperature for some time the sweet taste will disappear. Potatoes that have been frozen become soft and watery when thawed out. but spuds that have been only frosted usually do not show any signs of Injury until they are cut open. Such potatoes will have dark blotches in the fle-h or dark streaks which may assume a netted appearance extending all through the tuber. Sometimes a short expose to a severe cold will cause the death of shallow areas just under the skin. Such Injury as this often occurs during shipping. WHOLESALE PRODUCE. The following prices are paid for poultry by local dealers: Eggs—Fresh, 63c doz. Poultry—Fowls, 30c; springs, 30c; cocks. 18c; old tom turkeys, 35c; young tom turkeys, 12 lbs. ahd up, 40e; 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. 27c; ducks, under 4 lbs.. 23c; geese, 10 lbs. up. 22e; 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 64c: In tubs, 63c. Butter Fat —Indianapolis buyers are paying, 64c lb. Cheese (wholesale selling prices)— Brick, 87c lb.; New York cream. 38c; Wisconsin full cream, 36c; Longhorns, 87c; limburger, 38c.