Indianapolis Times, Volume 32, Number 287, Indianapolis, Marion County, 9 April 1920 — Page 20

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SPOTTED TREND TO STOCK SALES Market Moves Up and Down in Erratic Trading. NEW YORK. April 9.—Although there was some irregularity at the opening of the stock market today, the list soon became strong and renewed Its advance of the past few days. The oil Issue? were most prominent, Mexican Petroleum advancing 4% to 206%; Pan-American Petroleum 2% to 107, and Texas Company, 2 points to 213. Steel common rose % to 106%. Vanadium Bteel was 2 points higher at 86. and Baldwin Locomotive rose 1% to 146. Republic Steel, after yielding to 113t4. rose to 114i4, while Crucible Steel was 2 points higher at 273. Cuba Cane Sugar was active, advancing points to 310. American Woolen rose 2 1 -. to 13914 and Continental Can Itudebaker, after yielding to 122%. tos p to 123%. Hupp Motors advanced over 1 point to 22%. Corn Products fell over 1 point to 99%, but quickly recovered to 100%. Fractional gains were made in the copper and railway shares. The stock market cltemated constantly between strength and weakness during the forenoon, early advances being lost and then recovered again. , Steel common, after advancing to 106%. dropped 1 point, but quickly came back to 106%. Nearly all the other steel issues moved in the same manner, Republic Steel falling to 113%, and then moving up to 116%. Mexican Petroleum, after its advance to 206%. dropped back to 203. The sugar stocks were In demand, Cuba American Sugar advancing 31% to anew high record of 523 Trading fell off during the afternoon but the market maintained a strong tone. The market closed weak. Selling orders came in the market in the final trading when the call money rate rose to S per cent. Steel common reacted nearly 1 point to 106; Republic Steel over 2 points to 114% and Baldwin Locomotive 1% to 146%. Mexican Petroleum yielded 4 points to 202% and Studebaker 3 points to 120%. General Motors was five points below the early high, at 374, and Stromberg Carbureter yielded five points, to 105. Southern Pacific was finally 99; Crucible Steel. 271%: International Paper, 84%; United States Rubber, 113%; American Woolen. 136, and Pan-American Petroleum, ice%. Sales 1,220,30 shares; bonds, $16,313,000. Ex-Dividend Today J Alliance Realty, q.. 1% per cent. Amer. Beet Sugar, com., q„ 2 per cent. Amer. Ice, com., q., 1 per cent; pfd., 1% per cent. Amer. Typefounders, com., q.. 1 per cent; pfd.. q.. 1% per cent. Carbon Steel, com., q., 2 per cent. Central Leather, com., q.. 1% per cent. Continental Oil. stk., 200 per cent. DuPont de N.. deb., q., 1% per cent. Harbison Walker Refrac., pfd., q., 1% per cent. Xngersoll Rand, com., q., 2% per cent. Inspiration Cons. Copp., q., sl%. Inter. Paper, pfd., q., 1% per cent. Mohawk Min., 0.. sl%. Parish & Bingham, q., sl. Pittsburg Coaj of Pa., com., q., 1% per cent; pfd., q., 1% per cent. Ventura Consol. Oil Fields, q., 50c. NEW YORK LIBERTY BONDS. TW YORK, April 9.—Liberty bond quotations: 3*B, 96.50: first 4s, 91.40; second 4s, 89: first 4%5. 91-50: second 4%5. 89; third 4%5, 92.14; fourth 4%5, *9.24; Vlctorv 3%5, 97.60; Victory 4%5. 97,56. NEW YORK METALS. NEW YORK. April 9.—Copper—Steady : spot and April offered 18%c; May offered 19c; June offered 19%c: July IP'S; 19%c. Lead—Quiet; spot. April. May and June offered 9c. Spelter—Steady; spot. 8.30 c hid; April. [email protected]; May. [email protected]; June. 8.3505.40 c: July, [email protected].

MOTOR SECURITIES. (By Thomson & McKinnon) —Opening— Bid. Ask. Briscoe 67 69 Chalmers com 5 Packard com 27 27% Packard pfd 92’ 3 93% Chevrolet 350 500 Peerless 42 45 Continental Motors com 11 *4 11"* Continental Motors pfd 99 100 Reo Motor Car 27% 27% Elgin Motors 9% 10% Grant Motors 8% 9% United Motors 40 60 National Motors 22 24 Federal Track - 70 72 Paige Motors 41 42 Republic Truck 51 53 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —Opening— Bid. Ask. Anglo-American Oil 76’* 76% Atlantic Refining 1430 1480 Borne-Scrymser 475 500 Buckeye Pipe Line 97 99 Chesebrongh Mfg. C0n5..... 225 240 Cosden Oil and Gas 8% 8% Crescent Pipe Line 32 34 Cumberland Pine Line 140 150 Elk Basin Pete 9% 9% Eureka Pipe Line 134 138 Galena-Signal Oil, pfd 95 98 Galena-Signal Oil, com 68 73 Illinois Pipe Line 172 176 Indiana Pipe Line 97 100 Merritt Oil. 18% 18% Midwest Oil 1% 2 Midwest Refining..... ICS 168 National Transit 32 33 New York Transit ISO 185 Northern Pipe Line 103 106 Ohio Oil 355 360 Penn.-Mex 55 60 Prairie Oil and Gas 635 645 Prairie Pipe Line 248 253 Sapulpa Refining... 514 5% Solar Refining 425 435 Southern Pipe Line 145 150 South Penn Oil 315 325 Southwest Penn Pipe Lines so 84 Standard Oil Cos. of Cal 338 342 Standard Oil Cos. of Ind 755 770 Standard Oil Cos. of Ka5..... 625 650 Standard Oil Cos. of Ky 425 435 Standard Oil Cos. of Neb 525 550 Standard Oil Cos. of N. J.... 775 755 Standard Oil Cos. of N. Y 436 440 Standard Oil Cos. of 0hi0.... 495 505 Swan & Finch 98 102 Union Tank Line 123 127 Vacuum Oil 420 430 Washington 0i1... 38 42 Weather Conditions The following table shows the state of the weather In other cities at 7 a. m. : Station. Bar. Temp. Weath. Indianapolis 29.94 83 Clear Atlanta, Ga 29.76 48 Rain Amarillo, Tex 29.90 46 Cloudy Bismarck, N. D.... 30.12 22 Clear Boston, Mass 29.82 32 PtCldy Chicago, 111 29.96 34 Clear Cincinnati, 0 29.92 34 Clear Cleveland, O 29.92 28 Cloudy Denver, Colo 29.84 42 Clear Dodge City, Kas... 29.96 40 PtCldy Helena. Mont 29.76 38 Cloudy Jacksonville, Fla... 29.78 66 Clear Kansas City, M 0... 30.04 42 Clear Louisville, Ky 29.94 40 Clear Little Rock, Ark.. 29.84 52 PtCldy Lo* Angeles, Cal.. 30.00 52 Cloudy Mobile; Ala 29.72 58 Rain New Orleans, La.. 29.64 60 Rain New York, N. Y.. 29.90 34 Clear Norfolk, Va 29.90 44 Cloudy Oklahoma City .... 29.90 44 Clear Omaha. Neb 30.05 34 Clear Philadelphia, Pa... 29.90 34 PtCldy Pittsburg, Pa 29.90 -30 Snow Portland, Ore 29.62 38 Cloudy Rapid City; 8. D... 29.86 38 Cloudy Roseburg, Ore 29252 .42 Rain San Antonio, Tex.. 29.70 66 Cloudy San Francisco, Cal. 29.80 48 Rain St. Louis, Mo 29.98 42 Clear St. Paul, Minn.... 30.00 26 Cloudy Tampa, Fla 29.80 68 Cloudy Washington, D. C... 29.90 40 PtCldy Sine# Thursday morning rains have oceumd In the loner Mississippi valley and In the lower lakes region, while a rain storm also is present on the north Pacific coast. In the middle gulf region the falls were very heavy, 5.34 inches being reported from New Orleans. Fair weather has continued In north rentral states, with temperatures below normal. However, the changes, at a gale, have not been material OTer any large area la any part of the country. J. H. ARMING TON, Meteorologist.

TODAY’S MARKET NEWS IN BRIEF NEW YORK STOCKS. Market opened irregular and continued a spotted affair, see-snw!ng first up and then down. Slight show of strength In early afternoon, but this was short lived on announcement of call rate advancing to 10 per cent. Market closed weak. GRAINS. Indianapolis Cash—Corn, strong, lc higher; oats, strong, 101%c higher; hay, strong. Chicago Cash —Corn, unchanged; oats. 101%c higher. • Chicago Futures—Corn. 2%@2%e higher: oats. 1 % ®3%c higher. Toledo Cash—Corn, 2c higher: oats, 2c higher; rye, le higher; barley*, lc higher. LIVE STOCK. Indianapolis—Hogs. steady to 25c higher; cattle, steady; calves, steady; sheep, tseady. Chicago—Hogs, 50c@$l lower; cattle, steady; sheep, steady* PROVISIONS. Chicago Board of Trade—Pork, 20043 c lower: lard, 23@45c lower; ribs, 20025 c lower. LATE FINANCIAL NEWS NEW YORK. April 9.—The Evening Sun financial review today said. "There was a great deal of activity and churning about of stock prices in today's trading, but the general list did not get anvwhere in particular. “Railread shares were fractionally depressed on light selling, the result of the spread of the railroad strike. “Trading was in slightly less volume than yesterday. In the last hour the Independent steel stocks acre taken In hand and marked up several points. Call money rose to 8 per cent just before the close.” Local Stock Excnange BTOCKS. Bid. Ask. Ind. Ry. & Light com 55 lud. Ry. & Light pfd 90 95 Indpls. & Northwest pfd 75 Indpls. & Southwest pi'd 75 Indianapolis Street Railway. 53 56 T H. T. & Light pfd T. H., I. A- E. com 1% 3% T. H., I. &E. pfd 9% 16 U. T. of Ind. com ... U. T. of Ind. Ist pfd 14 U. T. of Ind % 2d pfd - Advance-Uumeiy Cos. c0m.... 42% Advance-Rurnely Cos. pfd.... 69 American Central Life 235 American Creosoting Cos. pfd 97 -aBeit Railroad com 109 116 Belt Railroad pfd 50 53 Century Building Cos. pfd... 99% ... Cities Service com Cities Service pfd Citizens Gas Cos., 1917 31 Citizens Gas, prior to 1917... 34% ... Dodge Mfg. Cos. pfd 99% ... Home Brewing 51 Indiana Hotel corn 80 ... Indiana Hotel pfd.. 99 Indiana National Life I’4 Indiana Title Guaranty 04 72 Indiana Pipe Line 98 Indianapolis Abattoir pfd . 48% 52 Indianapolis Gas Indpls. Tel. Cos. corn 3 . . Indpls. Tel. Cos. pfd 75 Mer. Pub. Utl. Cos. pfd 42% 45 National Motor Cos 22 23% National Underwriters Cos Public Savings 2% ... Rauh Fertillizer pfd 50 ... Standard OH Cos. of 1nd.... 755 Sterling Fire Insurance.... 6% 9% Stutz Motor Cos Van Camp Hardware pfd.... 99 ... Van Camp Packing pfd 100 Van Camp Prod. Ist pfd.... 100 Van Camp Prod. 2d pfd 90 104 Vapdalla Coal com 5 Vandalia Coal pfd 9 Wabash Railway com 8% ... Wabash Railway pfd 27% ...

BONDS. Broad Ripple 3s 52 Citizens St. Ity. 5s 79 85 Ind. Coke & Gas Cos. 6s 91 ... Ind. Creek Coal & Min. 65... 98 ... Ind. Northern 5s Indiana Union Traction 5s Indpls., Col. A South. 55.... S8 Indpls. & Greenfield 5s 92 99 Indpls. A Martinsville 55.... 57 Indpls. A North. 5s 36 39 Indpls. A Northwestern 5s 60 Indpls. A Southeast. 5s 44 indpls., Shelby. A- S. E. 5s 85 Indpls. Street Ky. 4s 59 67 Indpls. Trac. A Tor. 5s 65 Kokomo, M. A M. 5s 83Vi 84% T. H.. I. A E. 5s Union Trac. of Ind. 5s 66 Citizens Gas 5s 79 80 Indiana Hotel Cos. 2d 6s 99 100 Indianapolis Gas Cos 73% 81 Ind. L. AH. 5s 75% 83 Indianapolis Water 5s 80 93 Indianapolis Water 4'is 72 7" M. H. A I. ref. 5s I*o 04 New Telephone Ist 6s 95 ... Now Telephone 2d 5s 99 New Tel. Long instance 55.. 93 ... South. Ind. Power 6s 91 BANKS AND TRUST COMPANIES. Aetna Trust 100 ... Bankers Trust 118 City Trust 82 Commercial National Continental National 111% ... Farmers Trust 390 Fidelity Trust 120 Fletcher American National. 257 Fletcher Sav. A Trust C 0.... 168 Indiana National.. 290 295 Indiana Trust 206 Live Stock Exchange 382 Merchants National 263 National City 114V* 119 [Peoples State 176 Security Trust 118 State Savings A Trust 90 Union Trust Cos 368 3.80 Wash. Bank A Trust C 0.... 133 ... LIBERTY BONDS. Liberty 3Vis 96.70 96 88 [Liberty first 4s 91.10 91.50 i Liberty second 4# sS.B*> 89 10 Liberty first 4V4S 91.30 91.60 Liberty second 4%s 89 00 89 30 Liberty third 4%* 92.38 92 68 Liberty fourth 4%s 89 40 80 60 Victory 3% 9 97.46 97.60 Victory 4%s 97.50 97.66 SALES. SI,OOO bond, Indpls. A North 38% 6,000 Victory 4%s 97.56 5,000 bonds, Citizens Gas 5s 79 Local Bank Clearings ! Friday $3,085,000 Same day last year 2,170,000 Increase over last year $915,000 Today’s Market Gossip Application has been made to the New York stock exchange to list American Safety Razor Corporation. New York wire says that financier* plan $25,000,000 worth of new Issues, believing market conditions favorable to offer of railroad and industrial securities. Private cron report from Minneapolis says: “Conditions entire northwest excellent. Past week cold and field work stopped. Oats acreage will K hovv increase. Acreage rye, especially in North Dakota, considerably less than previous years. Reports from North Dakota and eastern Montana are grasshoppers are hatching out in large numbers, but the 1 freezing weather should put an end to ; their activity. Grain comment by early wire from i Chicago says: “Spread of the railroad strike is a disturbing element. As terminal markets are bare of accumulation the matter of transportation becomes an Item of strength. Nearby deliveries com and oats must respond to this condition and deferred deliveries will sympathize." CLEVELAND PRODUCE. CLEVELAND. April 9.-—Produce market: Butter—Creamery, in tubs, pxtrn, !72®72%e; extra fancy, 71®71%c; firsts, 1 es%®69c; prints, le higher; seconds, 65%®66e; packing, 36@41c. Eggs—Fresh gathered extra, 45c; fresh extra, 44%e; ! northern Ohio fresh, new cases. 43%c; ; old eases, 42%c; western firsts, 42c. Poultry—Chickens. 45<g©0e; light fowls, 42c; i egtra, 45<g50e; roosters, 24c; springers, 4i@42c.

STRONG TONE TO HOG SALES Cattle Close Strong, With Calves Steady. RANGE OK HOG TRICES. Good Good Good April Mixed. Heavy. Light. S. $16.00@16. 25 $14. 00015.00 [email protected] 5. 16.50 @ 16.76 Ir.vJer 15.50 1 .'.O-1 6. [email protected] 16.00 @ 1 5.50 17.00 7. [email protected] 14.50 @ 1 5.00 17.00 8. [email protected] [email protected] [email protected] 9. 16.50 [email protected] [email protected] Receipts, 8,000: market steady and unevenly higher. The market opened with apparently plenty of orders and developed activity from the start. Buyers were inclined to be a little more liberal in the matter ot classification and the final schedule eliminated the bogs from 160 to 200 lbs and classed all weighing from 160 to 225 in ono group. Prices were generally steady with the final close of Thursday, when the market closed higher than the opening. Heavy hogs showed a stronger tone and there was a liberal sprinkling' of sales of the best lights at $16.85, $16.90 and as high as sl7 On the schedule as established hogs weighing 160 to 225 pounds sold at $16.75: 225 to 250, $16.50: 250 to 275 t $16.25; 275 to 300, sl6, and over 300, $15(315.25. This would indicate the heavy hogs as 25040 c higher than on the day previous. Bulk of sows sold at $12.75(313, anil the bulk of the pigs sold at $15.50@16, with strong weights bringing $16.25. Bulk of sales of the good bogs cleared at $10.50(310.75. Cattle. Receipts, 1,400; market, steady with strong close The cattle market opened slow for the medium grades of butcher stuff and buyers were able to buy some of tliU class of cattle lower. Light steers were steady, as were also heifers, but at the opening there was no demand for the heavy weight stuff. Near the close shippers stepped into the market on strength of favorable news regarding embargo on shipments enst and steers closed strong. Buyers were generally able to be more discriminating in the matter of selection and grading and this some salesmen were wont to interpret as indicating a lower tendency. This was the first day of the week that local buyers were not faced at the open, iryg with a bunch of outside orders and they took advantage of the condition to sort out as they bought.

Calves. Receipts. 1,000: market steady. Opening of rhe calf market looked bad for the selling side and some early sales were made sharply loner. Bunch of outside orders entered late in the morning and these forced prices up to a level with Thursday's close. Choice veals sold at $165(16.50, with extra fancy bringing sl7. Good calves cleared at $15016; medium, $11*413 and the “dinks," SBOIO. Sheep. Receipts. 50; market steady. Bunch -of sheep sold at $6. and some lambs at sl7, with not enough of a run on hand to establish the basis of a market. HOGS. Best hogs, 160 to 225 lba average $16.75 Good. 225 to 250 lbs avr 16.50 Good. 250 to 275 lbs avr.... 16 25 Good, 275 to 800 lbs avr 16.00 over 500 lbs avr 15.00015.25 Bulk of sows 12.75014.00 Best pigs, under 140 1b5.... 15.50018.25 Hulk*of good bogs [email protected] CATTLE. —Steers— Prime cornfed steers. 1.300 lbs and up 13.50014.00 Good to choice steers, 1,300 lbs and up [email protected] Good to choice ateers, 960 to 1,200 lbs 11.00012.60 Common to medium steers, 1.100 and 1.200 lbs [email protected] Common to medium steers, 900 to 1,000 lbs 9.50-310.25 Good to choice yearlings [email protected] —Heifers and Cows— Good to choice heifera [email protected] Fair to common belfers 9.50@ 10.75 Common to light heifers. .. 8.00-3 9.00 Good to choice cows 9.00011.50 Fair to medium cost 8.00(3 9.00 Canners 5.0C0 6.00 Cutters 7 0009.50 —Bulls and Calvea— Good to chotee bkteher bulla.. [email protected] Bologna bull* 7..V)@ 9.00 Light common bulla 7.00@ 8.00 Choice veals [email protected] Good veala 15.00016.00 Medium veals 11.000 H.(X) Lightweight Teals [email protected] Heavy calves 7.00® 9.00 —Stockers and Feeding Cattle — Good to choice steers, 800 lbs and up 10.0001100 Common to fair steer*, 800 lba and up 9.000 9.50 Good to choice steers, under 800 lbs 9.50010.00 Common to fair steers, under 800 lbs 8.000 925 Medium to good cows 6.250 7.25 Medium to good heifers 7.00@ 7.50 Fair to best milkers 75.000125.00 Stock calves, 250 to 450 lba.. 7.<[email protected] SHEEP AND LAMBS. Good to choice sheep 8.50010.00 Common to medium sheep... 5.00<a 8.00 Good to choice yearlings 13.00015.00 Common to medium yearlings 12.00013.00 Western fed lamb* 18.006xt8.50 Good to choice lambs 18 00020.00 Common to medium lambs... 15.00017.00 Bucks, per 100 lbs 7.00@ 8.00

Other Live Stock

CINCINNATI, April Hogs—Receipts, 8.000; market, medium and light packers. 25c higher, others steady; heavy, $15.50(816.25; mixed and medium, sl7® 18: lights. $16.50; pigs, $14.50; roughs. $12.50; stags, $9. Cattle Receipts, 700. market, steers, slow, female butcher s*ock strong; bulls, 25(850*- higher; calves. sl7. Sheep-Receipts, 50; market, strong. CLEVELAND. April 9.—Hogs Receipts, 5 000; market 50c lower; yorkers, $16.50(816.60; mixed, $16.60(816.60; medium, $16.50(316.60; pigs, $10: roughs, sl3; stags, $lO. Cattle—Receipts, 800; market 25*- lower. Bheep and lambs— Receipts, 1,000; market steady; top, $17.60. Calves—Receipts, 1,000; market oOc lower; top, $17.50. EAST ST. LOUIS, April 9.—Cattle—Receipts, 1,300; market, nominal. Hogs— Receipts, 4.500; market, nominal. SheepReceipts, 200; uinrket, nominal. No quotations on account of strike of switchmen. PITTSBURG, April 9.—Cattle - Receipts, light; market steady; chol'e, $13.75(814.25; good, $12.50*813.50; fulr, $11(811.50; veal calves, $18(319.50. Sheep and lambs—Receipts, fair; market higher; prime wethers, $13(813.50; good, $11.50*812.50; fair mixed, $9.50811; spring lambs. $12(818.50. Hogs No quotations on account rail strike. CHICAGO, April 9.—Hogs—Receipts, 4,000; market, 50c®l lower; bulk of sales, sl4 50(815.50; butchers, $14(8*15.75; packers. sl2.7s<g| 13225; lights, $14.20® 15 75; pigs, $12.75(814.50; roughs, $12,25® 12.76. Cattle —Receipts, 2,600; market, steady; beeves, slo® 15; butchers, $7.50(g / 13.73; canners and cutters, S4.SO@B; Stockers and feeders, $7.50(811.50; cows, $7.50@ 13.75; calves, $13(814.50. Sheep —Receipts, 1.000; market, steady; lambs, $14.75® 20.75; ewss, slo® 15. EAST BUFALO, N. Y„ April 9.—Cottle—Receipts, 125; market active and strong; snipping steers, sl4® 15.25; butcher grades, $9*813; cows, ss@ll. Calves—Receipts, 700; market active, $1 higher; culls to choice, so®2o. Sheep and lambs —Receipts, 1 600; market active, 50c higher; choice iambs, $22®22.50: culls to fair, $16(821; yearlings, sl7® 19.50; sheep, $6(816.50. Hogs— Receipts, 800; market active, 25c higher; yorkers, $17(818; pigs, $10.75@17; mixed. $17.50® 17.76; heavies, $10.50(317; roughs, sl3® 14; stags, s9®lo. CHICAGO PRODUCE. CHICAGO, April 9.-Butter Receipts. 5.054 tubs; creamery extra. 64%e; standard. 64%c; firsts. 59@63%c; seconds. 48 @s3c; packing stock, 36®40*\ Eggs—Receipts, 22.345 cases: miscellaneous. 39® 43%c; ordinary firsts, 37@38c; firsts, -it @4l%c; checks, 35c; dirties. 47e. Cheese —Twins (new'), 28%®>28%c; dairies, 30% @3lc; Young Americas, 29%@30c; long horns, 30%c; brick, 28c. Live poultry— Turkeys, 40c; chickens, 41c; springs, 38c; roosters, 22c; stags, 22c; geese, 22c; ducks, 38c. Potatoes—Receipts, 17 cars; Minnesota, Dakota Ohio and Wisconsin, $7.36<37.80.

INDIANA DAILY TIMES, FRIDAY, APRIL 9, 1920.

GRAINS PICK UP STRENGTH LATE Export Sales of Rye and Cash Prices Prove Factors. CHICAGO, April 9.—Later trading today on the Chicago Board of Trade showed an increase in grain future prices over the opening quotations. Large export selling of rye and wheat, on the seaboard, high prices for cash grain and prospects of bad weather were the conditions affecting the trade largely. May corn, which opened down %c to $1.04,' gained 1%0 in later trading. July corn gulned %c, after opening up %c at. $1.57%. September corn gained %c in later trading after opening %c down at $1.53. May oats continued to gain, later quotations showing an increase of l%c after opening %c up at 91%c, and July oats, which opened nominal at 83%e, increased %c In later trading. Provisions sold lower than the opening quotations. CHICAGO GRAIN. —April 9 CORN—Open. High. Low. Close, r May. 1.64 1.67 1.63% 1.66% f2% 1.63% 1.66% I July 1.57% 1.60% 1.57% 1.60% t 2% 1.5714 1-60% | Sept. 1.53 1.55% 1.53 1.55% t 2% 1.55 OAT.S— May. 91% 94% 01' 4 94% t3% 91% 94% i July 83% 86% 83% 85% t 2% Sept. 71% 72% 71% 72% fl% 71% 72% PORK— Mav. 38.15 3720 36.40 36.57 * .43 July 37.25 37.30 36.80 37.00 * .20 LARD— Mav. 20.05 20.05 19.45 19.65 * .45 July 20 80 20.50 20.25 20.45 * .42 Sept. 21.30 21.30 20.90 21.17 * .25 1 RIBS— Mav. 18.20 18.47 18.12 18.30 • .25 July 18.05 18.05 18.32 18.80 * .22 18.92 Sept. 19.20 10.20 19.20 19.20 * 2U •Decrease, tlncrense over yesterday's close. CHICAGO CASH. i CHICAGO. April 9. Wheat—Spring grade, hard, $2 45 Corn—No. 2 white. $1.70; No. 3 mixed, $1.67: No. 3 white. $1.68; No 3 yellow, sl.Bj 1.68%; No. 4 mixed. $1,641.4-7; 1.05; No. 4 yellow, sl.Ol Oats No. 2 white, $1.0301.04: No. 3 white. $101.01; No. 4 white, 99@90%e. TOLEDO CLOSE. TOLEDO. April 9.—Corn—No. 3 yellow, $1.72. Oats No. 2 white, $1,070 108. Itye—No. 2 cash, $193. Barley—| No. 2 cash. $1.63. Clover *eed--Cash and April. $30.50; October $24; Decern br $23. Tlmotl.v Cash, 1917 and 1918. $5.70; 1919 eA'h, $5.80; April. $.*.,811; May. $3.77%: September, $6 10: October, $6. ' December. s3l*o. Butter—73c. Eggs | 4c. Hay—s 2 10. PRIMARY MARKETS. —April 0— (Tbomsou A McKinnon) Receipts— Wheat. Corn '-at* 1 Chicago 6,000 It,>'*. 48,000 Milwaukee . 8.000 21.000 46,000 Minneapolis. 276,000 21.000 37,000 Duluth 43.0(H) St. Louis 37,000 99.0 0 80.000 Toledo 4000 6.000 S.OOO Detroit 3.000 2.000 5,000 Kansas City. 86,00 15,00) .. .... Peoria 57.001 30.0*l < -matin 22.00 71.** M * t 4.00) Indianapolis. 4.000 3.8,000 48,000

Totals 492,000 341.000 37 2.Of* * Year ago. . 328,000 7*51,000 613,000 - -Shipments Wheat. Corn <>nt* Chicago 57,000 65 .non ;A.OOO Milwaukee 16.100 38.000 78.000 Minneapolis, 96.000 6.000 63,0*0 Duluth.... 3."0o 4.000 Bt. Louis 46,000 57.000 88.000 I>etrolt 2.000 Kansas Cltv. 119.n0.> 21.0*> 17,00.* i Peoria 4,(**> 19.000 81.000 Omaha 37,000 83,000 26,000 j Indianapolis 38,000 12.000 | Totals 318.000 289.000 427.000 | Year ago.. 777,000 ' >64.(MX) 537,000 —Clearances Philadelphia. 143.*i00 ! Totals 148.000 : Year ng*. . 598.0iAi 117,4*00 INDIANAPOLIS CASH GRAIN. -April 9 Corn -Strong: No 3 white, 817’'’: 1 No. 3 yellow, $1.73*81.74; No. 1 yellow, $1.72. Oats—Strong; No. 2 white. fl O,' 4 . No 3 white. $106: No. 2 mixed. slo6', Hay Strong: No. 1 timothy, $37 cr. 37.50; No 2 timothy, $36*836.50; light i clover mixed, $36*836.00; No. 1 clover | mixed, $35-50@36. —lnspections Wheat No. 2 red. 1 car; No. 3 red, 1 car: No 3 mixed, 1 car; total, 3 cars. Corn —No. 2 white, 1 car; No. 3 white. cars: N*>. I white, 1 car; No. 3 ye! ! low, 14 cars; No. 4 yellow, 4 -are: No I yellow. 1 car; No. 3 mixed, 2 cars; No. 4 mixed I car; total, 32 cars. , (nts No, 2 white. 22 cars: No f, | white, 4 cars; No. 2 mixed, 1 car; total, j 27 cars Ry©—No. 3, 1 car. WAGON MARKET. The following are the Indianapolis prices of hay and grain by the wagon load: ! Hav—Loose timothy, $334235 a ton; mixed, $32?g33: clover, $33(835. Corn - sl. <0(81.75 bushel. Oats -$1(81.05 s bushel. Straw -Wheat, SBO9 ton: oats, $14(815 WAGON W HEAT PRICES. | Indianapolis elevators and mills are ! paying $2.50 for No. 1 wheat. $2 47 fur No. 2 and $2 44 for No. 3. All other ■grades according to Quality. • j Wholesale Meats Smoked meats shown call for discount of %r lb for order of 150 of one Item; 250 lbs and over discount of %e lb. FORK. HA MSRegular, 14 to 16 lbs .37% Skinned, 12 to 14 lbs .38 Fancy boiled .55 BACON Fancy breakfast, 5 to 7 1b5.... .49 Sugar-cured squares .24 Fancy sliced, 1-lb cartons... .55 PICNICS— Sugar-cured, 5 to 7 lbs .23% SALT MEAT Dry salt Jowl butts .18% Lard _ Refined, tierce basis .23 Open kettle, tierce basis .24 FRESH PORK Spare ribs .23 ! Shoulder hones .08% I Tend Tlolns 60@62 Dressed hogs .25 Light loins. 7 to 9 lbs .34% Extra light loins, 4 to 6 lbs... .35% Fresh boneless butts .34 Boston butts .28 Skinned shoulders .24% SAUSAGE— Breakfast, In 1-lb cartons.... .30 Standard, fresh bulk .18% Frankfurt*, hog casings .19% LOCAL HIDE MARKET. I Green Hides —No. 1,18 c; No. 2. 17c. I Green Calves —No. 1,40 c; No. 2, 3S%e. i Horsehldes — No. 1, sl2; No. 2. sll. Cured ; Hides- No. 1,23 c; No. 2. 22c.

BFire and Burglar Proof Safes and Vault Doors Real Fireproof Filing Sales 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 Money to Loan on Mortgages STATE LIFE INSURANCE CO.

On Commission Row Pineapples received and sel.lng at $8 crate. Potatoes up 25c bag to $11.25, or $7.50 hundredweight. Cucumbers down 50c case of two dozen | to $5.50. Still priced at $3 dozen. Car tomatoes received from southern point. Selling at [email protected] crate. Repacked still quoted at $6 crate 6 baskets. TODAY’S PRICES. Apples—ln barrels. Extra faac.v Red Jonathans. sl2; extra fancy Grimes Golden, $11; Baldwin, $8.50; Greenings. $9; Hubbardsou, sU@ll; Jonathans, $S@ - 10.50; Rome Beauties, $8.50010.50: Kings,' $9; Wmosaps, $10; Maine Northern, $10; Wealthy, $8; York Imperials, $8; Kinnaird Favorites, $6; Grimes G'den No., 1 grade, $9. In boxes: Koroo rteauties, 80s to 150s, $3.50; Grimes Goldens, 96s to 1755, $3.50; Delicious, 80s to 150s, $4.50; j Yellow Ortley, 72s to lti2s, $3.3003.75;! Spitzenberg, 80s to 150s. $3.50. Bananas —Pound, B%c. Beans —Michigan navy, in bags, per lb., 7%e; pinto. 7%c; ltmas. 13%c. Beets—6s-lb. bags, $1.50. Cabbage—Pound, 5%@6%e. Caulltlower —Orate, $2.7303. Carrots—Basket. 40 lbs.. $1.75: crop, dozen bunches, 40c; hamper, soei3! $1.25. Celery—Florida. $5.75; doz. $1.75. Cucumbers -Hothouse, i-uvis, doz, $3; box 2 doz. $5.75. Grapefruit—Extra fancy, Florldas, $3.25 @4.75. Honey—Comb, new, case* es 24 caps, $7.75; extracted. 60-13. nns. 22c; South American, dark extracted, 16c 1 K Lemons—California*. standard box, $5.2505 50. Lettuce—Leaf, lb, 20022 c; Iceberg, I crate, 4 doz, $5.50. Mangoes—Florida, 2-doz basket, $1.75; crate, sl6. Nuts—Filberts, pound. 20032 c; English walnuts. 37040 c; chestnuts. 35c; pecans, 30c. 50c, 70c; Brazils. 28.-; almond. 330 3Cc; shellback hickory. 10c. Oranges—California navel, box. $4.30@ 8: Florida. $0.5007.30. Onions -Indiana red and yellows, cwt, $7; western yellow, $6.50; Spanish Imported. 40-lb. basket $2.75; home-grown green, 200250 doz buncheOnlon Sets Red amt yellow, bu. $3.50; whlfp. $3.50. Potatoes—Northern whites, cwt. $7.50. Potatoes reed, red River Ohio. cw£ $8; Early Rose. $7.50, eastern cobblers, SS; Six Weeks Triumphs. $6.50. Sn<re- Fancy, a„z. Me Spinach—Texas, bu, $2.50. Strawberries-Quart box. slOl.lO. Sweet Potatoes L-.51r.11 Jersey, bu, $3if3.25, Nnncv Hails. $202.25. Tomatoes—Crates, 6 baskets, $8; basket. $1 23. COTTON MARKET OPENS STRONG Active Selling After the Call Serves as Check. NEW YORK, April 9 The cotton market "was active and strong at the opening today, with first prices 17 to 7-3 points higher. After the call, however, active selling ‘hocked the upturn and at the end of the find fifteen minutes prices were about 3 to 10 points under tin* highest. Cotton opening: May, 41.25 c; July, 39.2 V; Oct., 35.75 c; Dec, 34.75 c; Jan.. 31.448’.

Housewives’ Market The following prt-es are the genera! prices charged at the city ipirket. obtained by striking an average of tbs prices charged at various stands * Appie*. choice, per lo $ Qsfflio Asparagus, bunch 106x15 Bananas, Col 20(a30 Leans, navy, lb .11 Leans, lima. It .19 Leans. Colorado plctos 1b.... .10 Leet*. lb .10 Cnrrott*. bunch .10 Cabbage, lb .10 Cauliflower 23035 Celery, bunch io®ls Cranberries, lb .07% Cucumbers, hothouse, each 25*330 Graper, Imported, lb .50 Grapetrult. each .05<ai0 Lemons, per dox 25® 30 Lettuce, l*nf, per lb .25 Head lettuce, each .20*825 Onions, lb OffiftlO Onions. Bermuda, each 06(3.07% Onions, green, bunch .10 Parsnips, 2 lbs .15 Parsley, per bunch .05 Potatoes, perk 1.25 Peppers, greea, ear). .07% Potatoes, Tb .10 Radishes, bunch .05 Rhubarb, bunch JO Spinach, lb .20 Strawberries, qt. box 1.00 MEATS. Lamb chops, lb 55000 Leg of lamb, per lb 43(if5u Lolled bam, per lb .73 Smoked ham, per lb 40*850 Round steak, per lb .33 Fresh beef tongue .30 Smoked beef tongue 40045 Roast beef .25*830 Flank steak 30 Lees tenderloin 50®55 Pork chops .35 Pork tenderloin .75 Porterhouse steak .40*350 Chuck steak 2s®3o (tolling beef 18020 Lacon 40060 Loin steak .35 Hams, whole 30(335 Lard, lb .27% Lamb stew 15Q25 bparerlba, lb .23 Shoulders, fresh beef .30 Shoulders,\ fresh pork .27 Lees liver .13 Veal chops 38@40 Veal steak .59 Calf liver 30035 PRODUCE. Hens, full dressed, lb .55 Eggs, fresh, seleo. do* 43*844 Butter, creamery, lb 69075 WHOLESALE FEED PRICES. (Actue-Evans Cos.) Ton Sax. Cwt. Ac. Bran $59.00 $3.00 Ac. Feed 62.00 3.15 Ac. Mldda 60.00 3.35 Ac. Dairy Feed 77.,’i0 3.90 E-Z-Dairy Feed ~ 63.75 3.25 Ac H. & M 74.50 3.75 C. O. A B. Chop 64.00 3.25 Ac. Stock Feed 62.75 3.20 Ac. Farm Feed 69.00 3.50 Cracked Corn -73.50 3.70 Ac. Chick Feed 75.00 3.75 Ac. Scratch 72.0 u 3.70 K-Z Scratch 69.25 3.50 Ac, Dry Mash <5.50 3.50 Ac. Hog Feed 71.00 .3.00 Ac. Barleycorn 74.25 3.75 Ground Barley 78.25 3.95 Ground Oats .. 73.50 3.70 Hoinltk White 73.50 3.70 Rolled Barley 78.25 3.95 Alfalfa Mol t 63.50 3.20 OH Meal 86.00 4.35 Cottonseed Meal 80.00 4.05 GRAINS. Shelled corn, 2-bu sacks, bu $1.83 Shelled corn, small lots, bu 1.78 Shelled corn, large lots, bu 1.77 Oats, 3-bn sacks, bu 1.17 Oats, bulk, large, bu 1.10 Orts, less 100 bu, bu 1.11 Chicken wheat, racked, cwt 4.20

EMBARGO SHOWS IMPROVEMENT Live Stock Shipments Open Up, Officials Say. Conditions regarding embargo on live stock shipments from local yards looks better today, according to railroad officials at the stock yards, and outgoing shipments are Increasing. The Pennsylvania lines are open to Jersey City, but are not accepting any shipments for New York. St. Louis Is open, but East St. Louis is closed. Big Four is still open to Cleveland and Intermediate local points and Is open for intermediate points between Clevoln.e-1 and Buffalo on the New Y'ork Central. Buffalo Is the key to the New York Central problem of getting into New York and lifting of the embargo for in termedlate points between Cleveland and Buffalo Is of no practical benefit to shippers of live stock. Kankakee, 111., Is open, but Chicago is still closed, but It is reported stock is being trucked into Chicago from Kankakee. No embargo is effective on local roads, leaving Cincinnati and Louisville open. The chief trouble still is centered in the Great Lakes region, which acts' as the distributing hub for a large volume of shipments entering New York and the New England states. Wheat Crop Shows Huge Loss for Year WASHINGTON, April 9.—The 1920 winter wheat crop will be more than 248.000,063 bushels below that of last year, according to a forecast by the agriculture department, based on reports from all sections of the country. The forecast Is 483.617.000 bushels, as compared with 731,036,000 bushels harvested beginning on June 1. last year. This big fnlling off Is believed to he a result of the removal of the guarantee on wheat prices and a slackening as a result of removal of the war stimulus. Winter wheat production in 1918 was 565.099.000 bushels, which is above th forecast for this year. WHOLESALE PRODTCF.. Wholesaler* are paying the following prices In Indianapolis for eggs, poultry and packing stock butter; Eggs—Fresh. 38c doz. Poultry—Fowls, 34c; broilers, 1% to 2 lbs, 50c; cocks, 18c; old tom turkeys, 32c; young tom turkeys. 12 lbs and up, SSc; young hen turkeys, 8 lbs and up, 28c; cull thin turkeys not wanted; ducks, 4 lbs up, 22c; ducks, under 4 lbs, 18c; geese, 10 lbs up, 18c; squabs. 11 lbs to doz, $7.50. Butter— Clean packing stock, 33c lb; fresh creamery butter, Tn prints. Is sell ing at wholesale at 67c; In tubs, 66c. Butter Fat —Indianapolis buyers are paying 68c. ’ Cheese (wholesale selling prices) Brb'k. 29@30c lb; New York cream. 32c; Wisconsin full cream, 31c; Loughorus, 33031 c; llmburger, 38c.

The American Mortgage Cos. Capital $1,000,000 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 uew homes on a liberal basis. Its plans are comprehensive and will help solve, in a scientific way and with reasonable profit 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. Vice President Sterling Fire Insurance President American Mortgage Company, company. , Cincinnati. Director Bankers Trust Company, Indianapolis. HARRY B. BURNET HENRY C. THORNTON President Burnet-Binford Lumber Com- President Thornton-Levey Printing Company. pany. Vice President and Director Northwest- vice present an j Director Continental ern State Bank, Indianapo*is. National Bank, Indianapolis. LEWIS G. REYNOLDS CHARLES A, BUTLER Retired Paper Manufacturer, Richmond, Formerly of Watkins & Butler, Lawyers, Indiana. Huntington, Indiana. H. H. FRIEDLEY, State Fire Marshall, Indianapolis, (Bylaws provide for nineteen directors, which will complete full board.) Fletcher-American National Bank, Indianapolis, Indiana. DEPOSI . 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 \ . ' o.|

Louisiana Leases IN THE World’s Wonder Oil Field This is not an OIL STOCK speculation proposition, but an oil venture. Our leases are well scattered and leases purchased from us are to be within one-half mile of a drilling well. For many years practical, oil men have been seeking some method of scaling down thosel>dds against themselves and against the investors. The Unit Leasing Cos. (Incorporated) Shreveport, La. HAS FOUND A WAY For information in regard to the above see VAN DERVEER &. VAUGHAN General Sales Agents Suite 305-306 Hotel Severin April 7,8, 9 and 10

TOURS TO GREAT BRITAIN EUROPE r* pfu TT p or complete Information See gff/f'fEPPPEfITfTi The Steamship Department, Fletcher American Company Pennsylvania and Market Sts. v

CENTRAL STATES AGENCIES Incorporated under the lawn of the Mate of Indiana Financial Broker* and Underwriter* Market Priae Paid for Liberty Benda Phones 127 £ Market SL, Indianapolis