Indianapolis Times, Volume 32, Number 265, Indianapolis, Marion County, 15 March 1920 — Page 10

10

STOCKS STAY AT TOP MARK Prices Take Another Advance With Trade Active. NEW YORK, March 15.—Prices were mixed at the opening of the stock market today, with th* majority of the Issues showing fractional declines. Crucible Steel advanced 8 points, to 240. Steel common sold off %, to 99%. while Republic Steel at 94% and Baldwin Locomotive at 118%, both showed declines of % point. General Motors was % lower, at 320. and Studebaker fell 1% to 07. Pierce Arrow dropped 1%, to 61%, and then recovered the loss. Texas Company was the most active of the oil issues, advancing 2 points to 200 while Mexican Petroleum yielded 1 point to 182 V- ... The rails were In supply, Reading falling 1% to 88%: Canadian Pacific 1% to 123%, and Southern Pacific, %, to 99%. American Woolen fell 1 point to 126% and then rallied sharply to 129%. Industrial Alcohol rose 1 point to 94. After the start a better tone developed, many Icsna-, recovering all of their early losses. ■ , market closed weak, trovemmen! bonds unchanged; railway and other bonds steady.

Ex-Dividend Today

Advance Rumely, pfd., q., 1% P e E. c * n^ American Bosch Magneto, q., $2.50. American Car and Foundry, com., q.. 3 per cent; pfd., 1% per cent. American Linseed, ofd., q„ 1% per cent. Brazil TractioD, Light and Power, pfd.. q., 1% per cent. Case Thrashing Machinery, pfd., q., 1% per cent Cities Service, com., iuo., ’-3 per cent; stk., mo, 1% per cent; pfd.. mo., % lT cent; pfdi ‘"U," mo.. % per cent. Columbia Grapiiophor.e. com., q.. 25c: stk. 1-20 sb., pfd.. •}., 1% per cent. Consolidated General Electric Light and Power (Balt.), q., 2 per cent. Dom. Steel, com., q., IVa Per cent Electric Storage Battery, com. and pfd., q., 2% per cent. Fisk Rubber, co., init.. q., 75 cents. Gulf States Steel, first pfd.. q„ 1% per cent; 2nd pfd., q.. 1% per cent. Kelly Springfield Tire, 6 per cent; pfd.. q„ 1% per cent. Keystone Tire and Rubber, com., q.. 3 per cent. Kresge (S. S.), pfd., q., 1% per cent. Liggett & Myers, pfd.. q.. 1% per cent Nanouo! Aniline anil Chemical, pfd., q.. 1% per cent uliio Cities Gas, pfd., q„ $1.50. Oklahoma Products and Refining Corporation, com.. 2 per cent. Pierce-Arrow, pfd., q., 2 per cent. Republic Iron and Steel, pfd., q., 1% per cent. Sears-lloebuck, pfd.. q.. 1% per cent. Southwest Penn. Pipe Line, q. t $2. Standard Oil of Kentucky, q.. $3. Stromberg Carb., q., sl. United Cigar Stores, com. stk., 10 per cent. NEW YORK LIBERTY BONDS. NEW YORK. March 15.—Liberty bond quotations: First 3%5, 96.12; first 4s, 90.66; second 4s, 89.50; first 4%5, 91.10; second 4%5, $.90; third 4%5. 93.14; fourth 4%5, 90.10; Victory 3%5, 97.50; Victory 4%5, 97.54. MOTOR SECURITIES. (By Thomson & McKinnon.) —Opening— Bid. Ask. Briscoe 65 67 Chalmers com 5 •_ Packard com 26 26% Packard pfd... 94 95 Chevrolet 350 500 Peerless 40 ; 45 Continental Motors com 11% 12 Continental Motors pfd 100 102 Hupp com 14% 15 , i Hupp pfd 100 103 Reo Motor Car 27 27% Elgin Motors 8% 9% Grant Motors 9% 10 Ford of Canada 410 420 United Motors 40 60 National Motors 20% 21% Federal Truck 67 <- Paige Motors 40 43 Republic Truck 41 43 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) Opening Bid. Ask. Anglo-American Oil 27 28 Atlantic Refining 1540 1580 Borne-Scrymser 425 440 Buckeye Pipe Line 94 97 Chesebrough Mfg. Cons 230 24.> Continental Oil, Colorado... 644 680 Cosden Oil and Gas S% 9% Crescent Pipe Line .. 32 34 Cumberland Pipe Line 140 150 Eureka Pipe Line I*s 145 Oalena-Signal OH, pfd..:... 95 98 Galena-Slgual Oil, com 63 68 Illinois Pipe Line 175 185 Indiana Pipe Line 97 100 Midwest Oil 1% 2 National Transit 29 31 New York Transit 185 390 Northern Pipe Line 100 104 Ohio OH 375 385 Penn.-Mex 58 62 Prairie Oil and Gas 680 700 Prairie Pipe Line 275 285 Solar Refining 355 375 Southern Pipe Line... ...... 148 153 South Penn *Oll 330 340 Southwest Penn Pipe lines 86 96 Standard Oil Cos. of Ca 1.... 340 345 Standard Oil Cos. of 1nd.,.. 845 >-65 Standard Oil Cos. of Kas 615 635 Standard Oil Cos. of Ky 450 175 Standard Oil Cos. of Neb ... 510 535 Standard Oil Cos. of N. J. 865 875 Standard Oil Cos. of N. Y 472 477 Standard Oil Cos. of 0hi0... 500 525 Swan A Finch 95 100 Union Tank Line 128 133 Vacuum Oil 440 450 Washington OH 37 42 Weather in Other Cities Station. Bar. Temp. Wenth. Atlanta, Ga 30.22 42 PtCldy Amarillo, Tex 29.52 42 PtCldy Bismarck, N. D... 28.74 32 Snow Boston, Mass 30.16 26 Clear Chicago. 11l 29.52 50 PtCldy Cincinnati, 0 29.88 48 Cloudy Cleveland, 0 29.90 36 Cloudy Denver, Colo 29.42 28 Clear Dodge City, Kas... 29.50 38 Clear Helena, Mont 29.72 20 Snow Jacksonville, Fla... 30.28 54 Clear Kansas City, M 0... 29.30 56 Clear Louisville, Ky 29.88 54 Cloudy Little Rock. Ark... 29.78 58 Cloudy Los Angeles, Cal.. 29.84 50 Clear Mobile. Ala 30.06 58 Cloudy New Orleans. La... 30.00 58 Cloudy New York, N. Y... 30.2S 32 Clear Norfolk, Va 30.28 40 Clear Oklahoma City 29.50 56 PtCldy Omaha, Neb 29.14 48 Cloudy Philadelphia, Pa... 30.28 36 Clear Pittsburg, Pa 30.06 34 Cloudy Portland, Ore 29.80 38 Rain Rapid City, S. D... 29.06 34 Cloudy Roseburg, Ore 29.86 38 Rain San Antonio, Tex.. 29.78 54 Cloudy San Francisco, Cal 30.04 46 Cloudy St. Louis, Mo 29.52 58 Cloudy St. Paul, Minn 28.88 46 Cloudy Tampa, Fla 30514 54 Clear Washington, D. C.. 30.28 34 Cloudy Observation taken at 7 a. m., March 15, 1920, by United States weather bureaus. Th disturbance In the Canadian northwest Saturday morning developed greatly In Intensity during Sunday and moved sontheastward to the middle plains and thence northeastward to the northern Ked riverr valley, where it is centered this morning. It has mused much higher temperatures and strong, blustery winds to the east and south of the storm center, and considerably lower temperatures are following to the west and north. The weather In the extreme northwest, however, is not abnormally cold for Hie season. There has been bnt little precipitation on the eastern side of the storm center, but the weather Is now mostly unsettled over the Mississippi valley, while snow flurries have fallen ovei the Car northwest. J. H. ARMING TON, Meteorologist. CLEVELAND PRODUCE. CLEVELAND, 0., March 13.—ButterCreamery, In tubs, extra, 72%@73c; extra firsts, 71%@72c; firsts, 70%@71c; prints, lc higher: seconds. 66@67c; packing stock, 35®40c. Eggs—Northern extras, 48c; extra firsts. 47c; northern firsts, new cases, 46c; old cases, 45c; southern grid western firsts, new cases. 44c. Poultry—Chickens, 45@50c; light fowls, •Be: heavy grades, 89@40c; roosters, old, Zi'gl&c; springers. 38®39c; ducks, 36® 88c ; greese, 30®35c; turks, 35®40c.

TODAY’S MARKET NEWS IN BRIEF

NEW YORK STOCKS. Market opened irregular with some j declines In order, but in later dealings j strength developed. Motor shares par- j ticularly active. Call rate at 9 per cent j taken as bearish argument and prices 1 fell ofT near close. Market closed weak. GRAINS. Indianapolis Cash —Corn, strong, 2c ! higher; oats, strong, %@le higher; hay, j firm. Chicago Cash—Corn, unchanged; oats, %®l%c higher. Chicago Futures—Corn, 3%@4%c high- j er; oats, l%e higher. Toledo Cash —Corn, 2%c higher; oats, j l%c higher; rye, 2c higher; barley, 2c j higher. LIVE STOCK. Indianapolis—Hogs, 25@50e lower; cat-| tie steady, with scattered sales 16@!25c lower; calves, steady, with some grades 75e@$l higher; sheep, steady. Chicago—Hogs, 10@15c lower; cattle,; steady to 250 lower; sheep, steady to 1 shade lower. PROVISIONS. Chicago Board of Trade —Lard, 12c lower; ribs, 2®3c lower. Local Stock Excnange STOCKS. Bid. Ask. Ind. Ry. & Light com 00 ... Ind. Ry. & Light pfd 90 96 Indpls. A Northwest, pfd 75 Indpls. & Southeast, pfd 75 Indpls. St. Railway 40 50 T. H., T. A Light pfd 76 ... T. H., 1. A E. com 1% 6 T. ii.. !. \ B. pfd 9% 16 i. In.:, com 1 V. of ind, Ist pfd 5 H . i'. T. i.f lu.i. 2d pfd 2 Advance Ituuiely Cos. com... 39 ... Advance-Rumely Cos. pfd '.;u. Central Life 235 Am. Creosotiug Cos. pfd 97 ... . Beit. Railroad com 110 120 Beit Railroad pfd 53% j Century Bldg. Cos. pfd 99% ... i Cities Service com ... ; Cities Service pfd 79%, 71% Citizens Gas Cos, 1917 34 ... Citizens Gas, prior to 1917.. 34% ... . Gouge Mfg. Cos. pfd 99 Home Brewing 50 ... j isdier.a Hotel com 60 indtafiu Hotel pfd 99 I no. Nations: Life '. 4% ... I oil. Title Guaranty 64 72 Indiana Pipe Line 92 \ iucjds Abattoir pfd 49% 52 ■ 1 ndiAiiapolis Gas 53 56 i indpu. 'lei. Cos. pfd 69 75 Indpia. Tel. Cos pfd 69 78 Lemcke Realty C<> pfd 95 >Je. Put Utl:. Cos. pfd 55 National Motor Cos 20% 22 j NaG. Cuderwrtt. Cos ... Public Savings 2% ... ; iiauh Fertilizer pfd 5o .. Standard Oil of Indiana 845 Sterling Fire insurance b% 10 Stuta Motor Cos ... ; Van Camp Hdw. pfd 99 tan Camp Pack, pfd 100 Van Camp Prod. Ist pfd 100 Van Camp prod. 2d pfd 99 ... Vanda".* Coal com 5 Vandal la Coal pfd 10 Wabash Railway pfd 28 ... Wabash Railway com 9 ... BONDS. Broad Ripple 5s 53 Citizens Street Ry. 5s 79 S3 tud. Coke At Gas Cos. 63 92 ... ind. Creek Coal A .Min. 65.. 98 Ind. North 5s ... Ind. Union Trac. 5s ... I Indpls.. Col. A South. 35.... 88 ... indpls. A Greenfield 5s 95 ludpls A Martinsville 55.. 55 indpls. & North. 5s \... 35 41% Indpls. A Northwestern 55.. 53 Iml 1 is. ,v Southeast. 5s 44 j Indpls., Shelby. A S E. 5s | indpls. Street Ry. 4s 59 65 Indpls. Trac. A Ter. 5s 64% 74% ! Kokomo, M. AM. os 83% 86 T. II , I. A E 5s 68 j Union Trac. of Ind., 5s 7* ! Citizens Gas 5s 79% 82% Ind. Hotel Cos. 2d 6s 97% 1(0% Indianapolis Gas Cos 72 so Ind. L. A 11. 5s 79 8 Indpls. Water 5s 89 93% Indpls. Water 4%s 72 77% M. H. AL. ref. 5s 89% 93 ; New Tel. Ist 6s 93 ... i New Tel. 2d 5s 98 ... i New Tel: Long Dist. 5s 91 South. Ind. Power 6s 91 ... BANKS AND TRUST COMPANIES. Aetna Trust lot) 108 | Bankers Trust li7 j City Trust 80 i Commercial National 72% ... Continental National 111% ... j Farmers Trust 390 ... j Fidelity Trust 116 ■ Fletcher American National 257 1 Fletcher Sav. A. Trust C 0... 167 Indiana National 2>6 298 j Indiana Trust 206 ... : Live Stock Exchange 352 ... Merchants National 261 ... National City 114 Peoples State 176 ... Security Trust 115 ... State Savings A Trust 91 100 Union Trust Cos 366 Wash. Bank & Trust Cos 131 LIBERTY BONDS. j Liberty 3%s 95.90 96.20 Liberty first 4s 90.50 Liberty second 45... 89.46 (4)70 Liberty first 4%s 91.08 91.30 j Liberty second 4%s 89.82 90.14 ! Liberty third 4%s 93.04 93.18 ; Liberty fourth 4Vs 90.10 90.24 Victory 3%s 97.40 97.70 Victory 4%s 97.44 97.04

Local Bank Clearings

Monday $2,869,000 •Same aay last year 2,212,000 Increase over last year $ 657,000

Today’s Market Gossip

Minneapolis wires that cash wheat is 5c lower. Resources New York state banking institutions in 1919 show an Increase of $1,461,000,000 over 1918. Wire from Chicago says that receiving houses expect the receipts of corn to continue at the present rate for two or three days only, thereafter falling back to around 100 cars per day. The feature of the market Is the absence of pressure from any source. Stock letter by wire from New York says: "Published reports of commission houseß which, in fact, is public opinion, is generally favorable and forecasts a further rise, though irregularity is ex peeted. From a technical standpoint the rails occupy the position of advantage. In the oil line there can be no doubt but that shortage exists and the prices for the crude are tempting enough to encourage further development. The dark spot is the internal troubles in Germany.

Grain letter by wire from Chicago gays that foreign political new*, while distinctly disturbing and unsettling, Is not of sort that forecasts peaceful pursuits and normal production of foodstuffs and commodities. World’s under-production is the prime cause for prevailing high prices. The Immediate situation in corn is equivalent to under-production, viz: inadequate available supi lies. Reserves ; on farms will not make prices; receipts I must increase if values are to be lowered. RETAIL COAL FRICEB. Indiana Linton, No. 4, lump $ 6.75 Indiana, No. 5, lump 6.75 Indiana egg and nut 6.75 Indiana mine run 6.00 Indiana nut and slack 6.50 Brazil block 8.00 West Virginia splint lump 8.50 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 11.25 Anthracite, all sizes 13.00 Blossburg, smithing 10.00 West Virginia Cannel lump 11,00 Illinois lump, Harrisburg 7.50 Hocking Valley lump 8.50 Prices on coal deliverea at curb. Extra charge for service when additional labor Is required: Coal and coke at yard, 50c 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. 50e bushel. The following nrtces axe paid for ! youlwy by local dealara: i

PORKERS DROP 1 25 TO 50CENTS Cattle Steady With Few Sales Shade Lower. RANGE OF HOO PRICES. iood jOOQ Good V Mar. Mixed. Heavy. AA [email protected] $14.50® 15.75 [email protected] 9. 15.00® 15.85 14.50 @ 15.75 1 5 - 75 @J*®2 10. 15.00® 15.85 14.50 @ 15.75 l*. n®l6-00 11. 15.25 @ 16.00 14.50W15.85 15.85® 1 *>oo 12. [email protected] 14.50 ® 16.00 [email protected]> 13. 16.25® 1G.50 14.75 @ 16.25 [email protected] 15. 15.70 ® 15.90 14.50 ® 16.25 16.00 Receipts, 3,500; market 25® 50c lower. Absence of outside buyers left the receipts of 3.500 hogs up to local killers, and they promptly set the market down 50c for the bulk of smlcs and 25c for the extreme heavy hogs. One local packer took over half of the receipts Bulk of sales and the light and medium hogs went at $15.70@18. treanely heavy hogs cleared at $14.5008 There were no sales over sl6, while most of the good pigs sold around , Cattle. Receipts. 1,500; market steady to shade lower. _ , . The good kind of cattle were steady, while the killing steers were not quite as strong ns *'*t the close of jast W©ek. Occaslonal sales showed 15@2c decline. There was appnrentiy a good demand for fat cattle, regardless of classification and generally the market was considered fully steady. , , Considering the heavy receipts buyers were Inclined to believe the opening day s market showed up exceedingly well.

Calves. Receipts, 460; market steady, with heavy and medium veals $1 higher. The market for calves was steady wtth the bulk of sales at [email protected]. There were a few fancy veals that cleared at $-0. The medium veals at 513@17 were considered in some eases $1 higher, and the heavj .-.lives at $9 to *l2 also were generally believed to be 75c@$t up. Common and light weights were unchanged at slo@l3. Sheep. Receipts. 150; market steady. Sheep were steady with very little trading. A small bunch of native lambs sold ut $17(0,18. Another small lot cleared at. sl4, Indicating a generally steady tone to sales.

CATTLE. —Steers—Prime eornfed steer*, 1,300 lbs and up $13.50014 00 Good to choice steers, 1.300 lbs and up [email protected] Good to choice steers, 960 to 1,200 lt>s 11.50® 12.50 Common to medium steers. 1.100 to 1.200 lbs 10.50® 11.50 Common to medium steers, 900 to 1,000 lbs 9.50® 10,00 Good to choice yearlings 11.00®13.00 —Heifers and Cows— Good to choice heifers 11.00® 12.50 Fair to medium heifers 9 73® 10.73 Common to light heifers ® 9 54) Good to choice cows 9.50® 12.(0 Fair to medium cows 8.50® 9.25 Canners and cutters 5.(0(87.50 Bulls and CalvesGood to prime export bulls. 9.00® 950 Good to choice butcher bulls 8.50 a 9.00 Bologna bulls 7.00® 8,00 Common to best veal calves 14.00®20.00 Common to best heavy calves 7.00® 12.90 —Stockers rand Feeding Cattle — Good to choice steers, 800 lbs ___ anA up 10.00®11.00 Common to fair steers. 800 lbs and up 9.00® 9.50 Good to choice steers, under SKI lbs 9.50® 10 00 Common to fair steers, under M 0 lbs B.oo® 91C5 Medium to good cows 6.25® 7.25 Medium to good heifers,... 7.00® 7.50 1 ifr to best nilkers .75.00® 12500 Stock calves. 250 to 470 lbs. 7.o(*® 10.00 HOGS. Good to best heavies. 250 lbs average up 14.50® 15.25 ! Good. 200 to 250 lbs average . 15.70® 15 90 Medium and mixed 15.90016 (0 j Good t<* choice hints, 150 to 200 lbs 16.00 Cuinu>n to best lights, down to 130 lbs 14.50® 16-00 Roughs and packers 11.00® 13.25 Hulk of sows 12.75® 13.25 Best pigs, tinder 140 lbs . .. 14.0®15.0n Light pigs 14.25 down Bulk of good hogs 15.70® 16.00 1 SHEEP AND LAMBS. Good to choice sheep 9.00® 950 Common to medium sheep... 6.00® voo Good to choice yearlings... 13.00® 14.00 Common to medium yearlings 10.00®l2’tm Western fed lambs 18.00® 19.511 Good to choice lambs 17.50® 18.00 Common to medium lambs... 14.00® 17.00 Bucks, per 100 lbs 7.00® 800

Other Live Stock

CINOINATI. March 15.—Hogs Re celpts. lO.O'D: market, steady; heavy. sls (§115.75, medium and mixed, sl6: lights. $15.75; pigs, #l4; roughs. $12.50; stags. $3. t'attle— Receipts, 1,200: market, strong to 25c higher; bulls, 25®60( higher: calves, sl3. Sheep—Receipts. 50; market, weak. CHICAGO, March 15.—Hogs—Receipts. 52,000; market 10®35c lower; hulk, $14.15 (315.70; butchers, $1.3.85f</15.80; packers. $14.50® 15.90 : light, $14.50t15.60; pigs, sl3 ®14.75; roughs, $12.25®12.55. Cattle- He celpts, 19,0(0: market 15®25c lower; beeves, $9.75® 15.50; butchers, $6.75*r 13.25: canners and eutters, $4.90®7.50: stockers and feeders. $7^(11; cows. $6.75 (ft 13.25; calves. $16('q.17. Sheep- Receipts, i 22,000; market steady to lower; lambs, ; sl4(a 19.70; ewes. $6i§14.25. PITTSBURG, March 35.-Cattle--Be-i eelptg light; market active; choice, $l4(, 14.50; good, [email protected]; fair. $0.50W : 10.50; veal calves, $20('g|20.50. Sheep and • lambs—Receipts light; market strong; j prime wethers. sls<gl6; good, $13@14: fair mixed, spring lambs, sl3® j 20. Hogs—Receipts, 40 doubles; market lower; prime heavies, $15.25®15.50; me--1 diunis, $16.75® 16.R5; heavy ynrkers, $16.75 ® 16.85; light yorkers. [email protected]; pigs, j $15.50®16; roughs, $12@14; stags, s9®lo. CLEVELAND, 0., March 15.—Hogs— Receipts, 6.000; market 10® 15c higher; yorkers. $16.50016.75; mixed, $18.50; medium, sls; pigs. $15.50; rough. $12.50; stags, $9.50. Cattle Receipts. 1,400; market steady; good to choice steers, sl2® 13.50; good to choice heifers, s9® 10; good to choice cows, sß® 10; fair to good sows. s6®B; bulls. $4250®6; common to good cows, $8.50® 10. Sneep and lambs —Receipts. 500; market steady; top, sl9. Calves—Receipts, 1000; market lower; top, $15.50. EAST BUFFALO, N. Y„ March 15. Cattle—Receipts 2.0(0; market slow, 25c to 60c lower; shipping steers, $13®14.50; butcher grades, s9®l3; heifers, $6®11.50: j cows, s4® 10.50; bulls, $6®10.50; milch cows and springers, $50@195; yearlings, ss® 10. Calves -Receipts, 2,100; market active, 50c higher; culls to choice. stVn 23.50. Shoep and lambs Receipts. 700. market active, steady; choice lambs. S2O (§20.50; culls to fair. sl6® 19.50; yearlings, $16(518.50; sheep, s6® 1(1. Hogs—Receipts, 12.800; market slow. 25c lower; yorkers. $18.75016.85; pigs, [email protected]; mixed, $1(1.60® 16.75; heavies, sls® 16.10; roughs, $12013.50; stags, s9® 10.

CHICAGO PRODUCE. CHICAGO, March 15.—Butter—Receipts. 7.565 tubs; creamery extras, B%c: standard, 08c; firsts, 634i67; seconds, 52 (a} 56c; packing stock, 34fq<3t)r. Eggs—Re ccipts, 1 3.400 cases; miscellaneous, 41f(i 42c; ordinary firsts, held, Vfco; firsts, 42vje• checks, 35®37c; dirties, 88c. Cheese —Twins, new, 28ft528'4e: dairies. 2!>fe2i)M>c; young Americas. 30@30tye; longhorns. 304/30 Vic; brick, 27Mjc. Live poultry—Turkeys, 40c; chickens, 39c; springs. 39c; roosters, 25c; stags, 33c; geese, 22c; ducks, 38c. Potatoes—Receipts. 85 cars; Minnesota, Dakota, Ohio and Wisconsin, [email protected] per 100 lbs. WHOLESALE PRODUCTS. Wholesalers are paying the following prices In Indianapolis for eggs, poultry and packing stork butter: Eggs—Fresh, 38c do*. Poultry—Fowls, 32c; broilers, 1% to 2 lbs, 50c; cocks, 18c; old tom turkeys, 35c; young tom turkeys. 12 lbs and up, 10c; young hen turkeys, 8 lbs and up, 40c; cull thin turkeys not wanted; ducks, 4 lbs up, 24c; ducks, under 4 lbs, 20c; geese, 10 lbs up, 20c; squabs, 11 lbs to doz, 87,50. Butted Clean packing stock, 33c lb; fresh creamery butter. In prints, is selling at wholesale at 69c: In tubs, 68c. Butter Fat—lndianapolis buyers are paying 70c\lb. Cheese (wholesale selling prices)— Brick, 29@30i; lb; New York cream, 32c; Wisconsin fuU cream, 31c; longhorns, 33@34e; limbu-tyter, '3Bc.

INDIANA DAILY TIMES, MONDAY, MARCH 15, 1920.

On Commission Row

Celery Is 25 cents a crate higher at •$4.50(3)5. Fresh shipment received from Florida point. Small shipment of Shallot green onions was an arrival. This was rapidly disposed of at $1 dozen bunches. Car cauliflower received and selling 25 cents lower. Now quoted [email protected]. Demand for cauliflower, dealers report, is slowing up. Mangoes are higher, so much so that they can truly be classed In the delicacies, according to the statement of a prominent dealer. They are now selling ; at $1.25 small basket. Last week’s quo- j tation was 90 cents and previous to that j they sold for 60 cents. Hard to get is i the only explanation offered. Tomatoes ere scarce and bringing $1.28 ! ®1.50 a basket, or s7@9 a crate. Another Florida product that is'higher, according to dealers, by reason of congested transportation facilities at Florida shipping point.

TODAY’S PRICES. Apples—ln barrels: Extra fancy Red Jonathans, sl2; extra fancy G times' Golden, $11; Baldwins, $8.50; Greenings, $9; Hubhardson, s9® 11; .lonathaus, s9®; 10.50; Rome Beauties. $8.50® 10.50; Kings. $9; Wlnesaps, $10: Maine Northern, $10; Wealthy, $8; Work Imperials. $9; Kianaird Favorites, $6; Grimes Golden. N. li grade, $9. in boxes: Rome beauties,; 80s to 150s, $3.50; Grimes Goldens. 96s to; 1755, $3.50: Delicious, 80s to 150s. $4.50; Yellow Ortley, 72s to 1625. $3.30®3.Y5; Spltzenberg, 80s to 150s, $3.50. Bananas—Pound, B%c. Beaus—Michigan navy, in bags, per lb., 7%e; pinto, 7%c; limas, 13%c. Beets— 65-lb. bags, $1.75. Cauliflower—Crate, [email protected]. Carrots—Basket, 40 lbs.. $1.75: new crop, dozen bunches. $1; hamper, $2.50. Celery—Florida, $4.50®5 crate. Cranberries—3l-ib. box. $3; %-bbl. box, $5.50. j Cucumbers—Hothouse, Davis, doz, $2.75; box 2 doz, $5. Excelsior Dales Tbree-doz pkgs, $3.75 Figs New, in boxes. 50 uaga. -oz, 56c; 24 pkgs,>B-oz, $3.50; 12 pkgs. 10-o, $2.23. 10-lb layer, $3.25; Smyrna, box. U ibs, $4.20; Spanish, bo * 2 lbs, $5.50. Garlic—Pound, 80c Grapefruit—Extra fancy, Floridas, s4® $4.75. Honey—Comb, new. cages of 24 caps. $7 75; extracted, 60-lb tins. °2o' South American, dark extracted, 16c lb. Lemons—^California*, standailrd box $5.50® 6. Lettuce— lb, 19@20c; Iceberg, trnte 4 doz. $3 25®3..V> Mangoes—Florida, 2 do*, basket. $125; crate, sl2. Nuts-Filberts, lb. 29@32c; English walnuts. 37®40c; chestnuts, 35c; pecans, 30c, d()c, 70e; Brazils. -2scr almond. 33® 36c; shellback blckor. 10c. Orange*—California naval box. $4 s<>® 7.50: Sunkist. $6.50@8: Florida. $6®8.50. Onions —Indiana yeqows. cwt $7; western yellow, $7; Spanish Imported. 40 lb basket, $2.60; shallots, sl. Onion Sets —Ked and yelion, bushel. $4; white, $4 25. Popcorn—Pound- 9c. I’otutoes Bakers fancy, cwt., $6; northern white, $5.60. Potatoes, Bee--•<“>! River Ohio, cwt., $0; Early Rose. $5.75; Eastern Cobblers. $6; Six Weeks Triumphs, $5.75. Sage—Fancy, imi. st)c. Spinach—Large, crate, $4; Texas, bus., $2 15. Strswperries - Quart box. 80®s5c Sweet Potatoes Eastern Jersey, bo, $2.75; Nancy Halls, $2 25 Tomatoes Crate, 6 baskets, s7®9; basket, sl2s® 1.50. COTTON MARKET OPENS EASIER

Heavy Liquidation at Start Drops Prices. NEW YORK, March 15. The cotton market opened easy today at a decline of 50 to 70 points, influenced by weak cables from Liverpool. At the start there was heavy Uquldn tlon of old long accounts anil also active selling by Liverpool but on a scale down the trade bought extensively. One or two of the old bulls gave sup port and later the list rallied 20 to 25 points. LIVERPOOL. March 16 Spot cotton In limited demand. Prices, easier. Sales, 4,000 bales. American middling, fair, 33(Mc; good middling, 30.04 c; fully mid, 29.04 c; mid illing, 28,(Me; low middlings, 21.74 c; good ordinary. 21.54 c; ordinary, 20.54 c. Futures were easy.

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 In $ o@lo Asparagus, bunch Bananas, doz 20®:*) Beans, navy, lb .11 Beans, lima, lb .18 Beans. Colorado pintos. 1b.... .10 fleets, lb .10 Carrots, 2 lb* .15 Cabbage, lb 10 Cauliflower .30® 40 Celery, bunch 10® 15 Cranberries, lb 07% ( uenmbcrs. hothouse, each.... .20®.30 Grapes, imported, lb .50 Grapefruit, ea - h 07%®15 Lemons, tier doz ,25®3fl Lettuce, leaf, per lb .20 Mead lettuce, each I(v,its Onions, lb 06® 10 Onions, Bermuda, each [email protected]% Onions, green, bunch... .10 I’arsnlps, lb .12% Parsley, per bunch.... .05 Potatoes, peck .70 Peppers, green, each .05 Potatoes, 4 lbs .25 Radishes, bunch .05 Rhubarb, bunch .10 Rutabagas, lb ...... .06 Spinach, Id .15 Strawberries, qt box .95 Turnips, ib .10 MEATS. The following prices are on first qtial.ty No. 1 government inspected meats only: Lamb chops, lb 65@(0 Leg of lamb, per lb 45@50 Boiled ham, per lb .75 Smoked ham, per lb 40®50 Round steak, per lb .35 Fresh beef tongue .30 Smoked beef tongue 40®45 Roast beef 25®30 Frank steak .30 Beef tenderloin 50®55 Pork chops .35 Pork tenderloin .65 Porterhouse steak 40®-50 Chuck steak 28®50 Bolling beef 18®2<> Bacon 40®(’0 Loin steak .35 Hams, whole 30035 Lard, lb .27% Lamb stew 15@25 Sparerlbs, Ib ... .25 Shoulders, fresh beef .30 Shoulders,. fresh pork.... .27 Beef liver .15 Veal chops 85@40 Veal steak -50 Calf liver .80035 FRODUCE. Hens, fnll dressed, lb .50 Frys, dressed, lb .60 Eggs, fresh, select, doz 49@52 Butter, creamory, lb.. .70@76

CENTRAL STATES AGENCIES i Incorporated under the lawe of the State of Indiana Financial Brokers and Underwriters Market PriM Paid for Llbarty Banda Phones 7 7 127 E. Market St., Indianapolis

Money to Loan on Mortgages STATE LIFE INSURANCE CO.

BEARS CAN’T STOP GRAINS'

In Face of Bad News Prices Go Higher. CHICAGO, March 15.—Grain futures were higher on the Chicago Board of Trade today. Traders were puzzled over the advance in the face of European news generally construed as bearish. Provisions were lower with tailing hog market. March corn opened late at $1.52, down %c. but later advanced %c. May corn, unchanged at the opening, sl.4B.'later gained I%c. July corn was %c down on opening at $1.41%, thereafter advancing l%c. September corn opened at $1.39, up %e, and gained another %c in later trading. May oats were %c down at the opening, 82%c, but rose 1 Vic before noon. July oats opened at 75%c, down %c, and advuneed %c thereafter.

CHICAGO GRAIN. —March 15— CORN—Open. High. Low. Close. Mar. 1.52 1.55% 1.52 1.55% 73% May. 1.48 1.53 1.47% 1.52% t 4% Julv 1.41% 1.40 1.41 1.45% t3% Sept. 1.39 1.42 1.38% 1.41% O \ T S Mav. 82% 84% 82% 84% tl% Julv 75% 77 75% 76% tl% PORK— Mav. 35.25 33.50 35.15 35.50 LARD— May. 21.35 21.57 21.27 21.50 • .12 July 22.10 22.25 21.97 22.15 * .12 RIBS— May. 18.45 18 60 18.42 18.55 * 02 July 18.97 19.07 18.95 19.02 * .03 •Decrease, tlncrease over Saturday’s close. CHICAGO CASH GRAIN. CHICAGO, March 15.—Wheat—No. 2 hard winter, $2.48; No. 4 hard winter, $2.45. Corn—No. 3 mlx>*d. $1.53%®1 55% ; No 4 mixed, $1.53: No. 3 white, #1.55®, 1.57; No. 4 white. $151®1.52: No. 3 ye! low. $1.55®1.57%: No. 4 yellow. $1.50%® 1.54. <>at- No 2 white, 9:!%®|93%c-; No. 3 white, 90®92%c; No. 4 white, 88@89%c; standard, 90c.

TOLEDO CLOSE. TOLEDO, O, March 15,-Corn -No. 3 j yellow. SIOO%. oats No. 2 white, 97® 98c. Rye—No. 2 cash. $1.73. Barley—No j 2 cash. $157. Alslke-Cash, March ami April. $35.15. Cloverseed—Caab, #34; March, $34; April. $33.40; October. $24 25. Timothy—l9l7 and 1918 cash. $6; 1919 1 .-ash, #6.12%; March. #0.12%; April, $6 10; | Mm v. $6 05. Butter—73c. Egga —4sc. Hay—s2lo. PRIMARY MARKETS. (By Thomson & M<-Kinnon.) March 15. Receipts— Wheat. Corn. Oats. Chicago 40.000 312.000 120.000 Milwaukee ... 21.iss> 75.(00 194.0(0 Minneapolis... 547,9(0 72,0(0 12,000 r*ulutb 9.(00 2.000 st. l.ouls 95.000 152.000 122.00*1 Toledo 1,9(0 13.000 10.000 Detroit I.IXO 8 000 6.0(0 Kansas City.. 324 (Xxi lO9XXO 22.009 Peoria 4<m 109,000 75.000 Omaha 82,000 125,000 42.000 Indianapolis 71.000 34.(80 Totals .. 1,124,000 1.0046.000 56.8.000 Year ago... 624.000 612.000 770,000 —Shipments Wheat. Corn. Oats. Chicago 18,0(0 (iB,(X* 190.010 Milwaukee... s.txx) 6,000 IH.OiX) Minuea polls.. 71,009 16.000 51,006 Dilltlth 43,(N0 4. (00 St. 1.0u15.... 26,(X0 ,\B,(Xml 53.(09 Toledo i.isct 2.000 Detroit ...... 2.0() 7.tXX 6,O(X* Kansas City.. 99.000 ,"o.(xx 15.00 Peoria ...... 4.00 98.00 74.(XX1 Omaha 34.0(0 78.(00 52.(x* Indianapolis.. 2,000 32,000 18,(XX) Total* 307.<*0 394.000 478,000 Year ago . . 390.000 348.000 656,0(0 —Clearani-ea Domes. W. Corn. Gats New York 4.<XO Philadelphia 20.(*0 Totals 20,(00 40.1X0 Year ago 441 (*0 INDIANAPOLIS CASH GRAIN. —March 15— Corn Strong; No 3 white, 51.59%'(( 162; No. 4 white. $1.58%® 1.69%; N*>. 3 yellow, $158%; No 4 yellow, SLS3 l <>® 156%; No. 5 yellow, $1.5:t'u.1.5l i.j. No. 4 mixed, $1.54%®156 (>a(— Strong; No. 2 n ltit'*. 94(U95%r; No 3 white, 93*4c; No. 2 mixed 9:t%, Hay—Firm; No 1 timothy. $33®3300; N*.. 2 timothy. $320 32.10; ilgtit elovt r mixed. $;2®32.50; No. 1 clover mixed. #::i ,S(Ko 32. s No 3 red, 2 cars Corn No. 2 white, I ear; No. 3 white It cars; No. 4 white. 16 cars; No. 2 yeiiow. 1 car; N) 3 yellow, 6 cars; No , yellow, 17 cars; No. 5 yellow. 3 cars. No 3 mixed, 2 * ars; No. 4 mixed, 2 car* , ear, 1 ear: total Oo c.irs, Oats—No. 2 white, 17 cars; No. 3 white, 4 cars; No. 4 white, 2 curs; No 2 tulxel, 1 car; No. 3 mixed, 1 car; total, 25 car* Hay—No. 1 timothy, 1 ear; No. 3 timothy, 1 ear; total, 2 ears. WAGON MARKET. The following nre the Indianapolis prices of fcay and gratu by the wagon load: Huy—Loose timothy, $31®32 a ton; mixed, $30®32; clover, $:X)®33. Corn $1.55®. 1.66 a bushel. Oats— 90®93c a bushel. Straw—Wheat, sß®9 ton; oata. $14®15. WAGON WHEAT PRICES. Indianapolis elevators and mills are paying $2.35 for No. 1 wheat, $2.32 for No. 2 and $2.29 for No. 3. A1 lother grades according to quality. WHOLESALE FEED PRICES. (Acme-Evans Cos. ) I Ton sacks. Cwt. Ac. Rran $52.00 $2.65 i Ac. Feed 55.00 2.80 ; Ac. Midds 59.00 3.(0 | Ac. Dairy Feed 75.00 3.80 ; E-Z Dairy Feed 60.50 3.05 Ac H. & M 70.50 3.55 I CO & B Chop 60.50 .1.05 Ac. Stock Feed 58.25 2.95 ! Ac. Farm Feed 62.75 .3 20 i Cracked Corn 70.00 3.55 i Ac. Chick Feed 72.75 3.65 I Ac. Scratch 69.73 3.55 E 7. Scratch 66.50 3.35 Ac. Dry Mash 70.00 3.55 Ac. Hog Feed 68.00 3.45 i Ac, Barleycorn 71.75 3.65 j Ground Barley 77.00 3.90 Ground Oats 68.50 3.45 I Hotnlik White 69.00 3.50 I Rolled Barley 77.(0 390 i Alfalfa Mol (None. Oil Moil 86 00 4.35 j Cottonseed Meal 80.(0 4.05 PI.OI R AND C ORN MEAL. E 7. Bake, basis 08 pounds cotton sticks, barrel $13.30 I Corn meal. 110-pound cotton sacks, barrel 4.20 ■ GRAINS. Shelled corn. 2-bu sacks, bti $1.75 ! Shelled corn, small lots, bu I.ct! j Shelled corn, largo lots, bu 1.65 j Oata, 3-bit sacks, bu 1.07 LOCAL HIDE MARKET. Green Hides—No. i, TSc; No. 2,17 c. Green Calves—No. t, 40c; Ne. 2, .38%cl Horsehtdes —No. 1, $10; No. 2. $9. Cured j Hides-No. 1,20 c: No. 2. 19c.

FARMERS BLAME LABOR FOR H.C.L.

Band Together to Fight Less Production. CHICAGO, March 15.—A million American farmers have banded together to fight short hours and high wages of city labor. These farmers are members of the American Farm Bureau Federation, the national organization of which was perfected here recently. “We desire to point out that a large factor in the high cost of 'lying Is the curtailment of production through short hours, lessened efficiency of labor and strikes.” Delegates insisted the high cost of living Is due to the high cost of labor, and to the fact that "city labor no longer produces as much per man as it did before the war.’’ CITY LABOR SCORED YOB FORCING UP WAGES. "And yet,” as one speaker pointed out, ‘"these same short-hour workers in cities are complaining loudest because food products are higher in price. It costs more for the farmer to grow food. It costs more because city labor has forced up farm labor wages, and has increased prices of everything the farmer buys.” The American Farm Bureau movement 1 ' trnn about three years ago, in Missouri. The originator planned a flrst-ald-to- I formers organizathm. It spread rapidly into practically a!l ;

STOCKS HAUEISEN 6? JEWETT BONDS SffifiATiiS? C ” BP * W Investment Securities Building Preferred 412 Fletcher Savings & Trust Bldg. ad . Industrial Preferred tvtwt . . wz-nt tc* School Mercantile Preferred INDIANAPOLIS Corporation OTTO F. HAUEISEN. OF OTTO F. HAUEISEN & CO., AND CHESTER A. JEWETT, FORMERLY MANAGER OF THE BOND DEPARTMENT OF THE UNION TRUST COMPANY OF INDIANAPOLIS, HAVE INCORPORATED UNDER THE FIRM NAME OF HAUEISEN & JEWETT FOR THE PURPOSE OF DEALING IN INVESTMENT SECURITIES. THE COMPANY HAS TAKEN OVER THE BUSINESS CONDUCTED AT THE ABOVE OFFICES UNDER THE NAME. OF OTTO F. HAUEISEN & CO. ESTABLISHED IN 1902. OTTO F. HAUEISEN CHESTER A. JEWETT TELEPHONES Members Indianapolis Stock Exchange moo Main 3698 Members Indiana Bankers Association March 15, lt>Auto. 23 498 References Any Indianapolis Bank or Trnst Company

The American Mortgage Cos. Capital $1,000,000 r * ORGANIZATION Incorporated under the laws of Indiana. Authorized capital $1,000,000, all Common Stock; par value of shares SIOO.OO. Shares tax free in Indiana and non-assessable. Dividends. Free from Normal Federal Income Tax. BUSINESS Construction Loans Second Mortgages The Company proposes to finance new housing projects, loaning its capital to construct new homes on a liberal basis. Its plans are comprehensive and will help solve, in a scientific way and with reasonable pro tit to all concerned, the housing problem of the cities in which it operates. OFFICERS AND DIRECTORS: Melville Ritchie, President. A. Leonard Campbell, Vice President. Harry B. Burnet, Vice President. Charles A. Butler, Secretary-Treasurer. Lewis G. Reynolds, Vice President. Holtzman & Coleman, General Counsel. MELVILLE RITCHIE LEWIS A. COLEMAN Formerly Treasurer National Mortgage Holtzman & Coleman, Lawyers, IndlCompany, Cleveland. anapolis Builders Investment Company, Cleveland. ' President Sterling Fire Insurance President American Mortgage Company, ompany. Cincinnati. Director Bankers Trust Company, Indianapolis. HARRY B. BURNET HENRY C. THORNTON President Burnet-Binford Lumber Com- Preslden t Thornton Levey Printing Company - pany. Vice President and Director Northwest- VJce p reßl{le nt and Director Continental ern State Bank, Indianapolis. National Bank. Indianapolis. LEWIS G. REYNOLDS CHARLES A. BUTLER Retired Paper Manufacturer, Richmond, Formerly of Watkins & Butler, Lawyers, Indiana. • Huntington, Indiana. (Bylaws provide for nineteen directors, which will complete full board.) -pp.f,.-.-.-. ( Fletcher-American National Bank, Indianapolis, Indiana. uErOSIJ. AKLcjs: Citizens State Bank) Huntington, Indiana. All legal details in connection with incorporation and the issue of shares have been approved by Messrs. Holtzman & Coleman, Indianapolis, Indiana. Subscriptions to the shares in the Company at par are invited and may be purchased either on all cash basis or on conveniently arranged payments. Address all communications to THE AMERICAN MORTGAGE COMPANY Second Floor, No. 9 East Market Street

To The American Mortgage Company, Indianapolis, U. S. A. You may send me full literature. Address \ . r

agricultural state*. Today there are 1,000,000 members. It Is the most conservative of all farm groups, and it bitterly opposed to such radical farm organizations as the Nonpartisan league. The national convention opposed "governmental interference with the economic law upon which great industries are founded.” This was interpreted to mean that the federation is against such government regulation systems as is proposed to curb the big five packers. The packers were well represented at the convention. The keynote speaker was Thomas E. Wilson, one of the “big five.” The Farm Bureau Federation declared i„r longer working hours, smaller wages and more" work for both city and farm labor. J. R. Howard, Clemons. Ta.. president, has been voted a salary of $5,000 a year and $3,000 traveling expenses.

Foreign Exchange Starts Off Lower NEW YORK, March 15.—Foreign ex- j change quotations were lower than, Saturday's closing at the opening to- i day. Marks demand opened at .0112, off .0014; demand sterling at $3.65(4, off (4: franc checks, 13.52, off 9 centimes; lire, 18.24, off 4: Belgian cables 13.10, off 20 and United States dollars on Canada $1.13, unchanged. Demand sterling at noon was steady at $3.66. up % from the opening. Lire ] checks were 18.32; United States dollars lu Canada, $1.1331; Belgian cables. 13.10' and German demand marks, .0112.

SAVE ON MEAT TO BE SLOGAN Next Week Indiana Observe# Government Plan. WASHINGTON, March 15.—The department of Justice announced today the •dates of "Rave Money on Meat” week In th<- yarious states. During these weeks an effort will be made to reduce materially the prices of the cuts of beef, pork and lamb now in heavy demand by showing consumers the advantage of turning to those which are equally nutritious, but which cost much less. The first "Save Money on Meat” week, which has been previously announced, will be held from March 22 to March 27 throughout each of the following states: Indiana. Illinois. Wisconsin. Ohio, Pennsylvania, lowa, Michigan, New Jersev and New York. On each day of “Save Money on Meat week some particular cut or cuts of the inexpensive variety will be featured and will be sold at a low price. Retailers who hitherto have not carried in stock some of the less costly cuts because their customers did not ask for them intend to lav in adequate quantities of sock portions of meat. If the consumers take advantage of the highly nutrltiooP and palatable pieces of meat which az relatively Inexpensive, tne saving effected will be tremendous, aud the slackened demand for the outs now popular will result in lower prices thereon.