Indianapolis Times, Volume 32, Number 294, Indianapolis, Marion County, 17 April 1920 — Page 9
fOCKS WEAKEN ■ NEAR CLOSING Kirket Unsettled, Although W Hesitant Tone Apparent. TEW VORK. April 17.—The stock market closed weak today. Republic Steel, after selling up to 113, yielded to 112%. Most of the other steel stocks acted in the same manner. Steel common dropped % to 104% ana Lackawanna Steel fell 2 points to 79%. Studebaker sold off to 123. Standard Oil of New Jersey continued in supply, dropping 9 points to 756. Consolidated Gas. however, was in demand, advancing 5 points to above 91. General Motors yielded 8% to 350 and fractional losses were sustained in the oil issues. Reading was most active of the rails, advancing over 1 point to 85%. Baldwin Locomotive yielded 1% to 142%. Pan-American Petroleum broke % to 112% ; Pierce Arrow, % to 70%; U. S. Rubber, % to 110, and Industrial Alcohol. % to 99%. Total sales of stocks today were 458,100 shares; bonds. $8,433,000. Total sales of stocks for the week were <1372,800 shares; bonds. $92,350.000. NEW YORK LIBERTY BONDS. NEW YORK, April 17.—Closing Liberty bond quotations: 3%5, 93.10093.60: first [email protected]; first 4%5. 90.30090.60 ; second 4%5, 86.90; fourth 4%5, 86.96087; first, second 4%5. 98 bid. Victorv 4%5, 96.16e96.20; Victory 3%b. 96.10096.20. NEW YORK BANK STATEMENT. NEW YORK, April 17. —Averages. Loans, increase $12,821,000. Demand deposits, increase 515.632,000. Time deposits. decrease $159 000. Reserve, decrease $2,738,900. Actual; Loans, increase $77,413,000; demand deposits, increase $44,157,000; time deposits, decrease $1,723,000; reserve, Increased $11,907,490. MOTOR SECURITIES. (Ey Thomson A McKinnon.) —Opening— Bid. Ask. Briscoe 67 69 Chalmers, com 5 7 Packard, com 25% 26 Packard, pfd 92% 93% Chevrolet 389 SPO Peerless 42 43 Continental Motors, c0m.... 11% 11 ">i Continental Motors, pid .... 99 100 Reo Motor Car 26% 27 Elgin Motors 9*-j 10% Grant Motors 8% 9 Ford of Canada 395 400 United Motors 40 60 National Motors 24% 25% Paige Motors 41 43 Republic Truck 48 49
NEW YORK CURB MARKET. (By Thomson & McKinnon.) —April 17— —Closing— Bid. Ask. American Marconi 7 lO Curtis Aero, com 60 70 Central Terer Sugar 7)4 7% First National Copper 1 1)4 Goldfield Con 12 15 Havanan Tobacco I*4 3 Havana Tobacco, pfd 9 10 Carib 27)4 29 Jumbo Extension 12 15 International Petroleum .... 39 40 Nipissing 10 10)4 Indian Packing Cos 13 14 Houston Oil 100 110 Royal Baking Podrier 130 140 Royal Baking Powder, pfd. SO 95 Asphalt 97 93 Creek 44*4 45)4 Extension 2 2)4 Tonopah Mining 115-16 2 United P S new 2 2)4 U. S. Eight & Heat 2 T 4 3)4 U. S. Light & Heat, pfd.... 3 4 Wright-Mattln 3 6 World Film )4 % inkon Gold Mine Cos 1 It*, Jerome )4 % New Cornelia 19 22 United Verde 35 37 Texas Chief 24% 25)4 Sou Trar.s 4 6 Sequoyah % 7-16 Omar 5% 6 Republic Tire 33% P. & R 8% 8)4 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —Opening— Bid. Ask. Anglo-American Oil 25 26 Atlantic Refining 1350 1403 Borne-Scrymser 470 4SO Buckeye- Pipe Line 35 97 Chesc-brough Mfg. Cons 220 230 Cosden Oil and Gas 7)4 8 Crescent Pipe Line 31 3.3 Cnmberland Pipe Line 140 150 Elk Basin Pete 9)4 9% Eureka Pipe Line 120 125 Galena-Signal Otl pfd 95 100 Galena-Signal Oil ocm 65 63 Illinois Pipe Line 175 180 Indiana Pipe Line 93 97 Merritt Oil 18 13)4 Midwest Oil 1)4 2 JHtfweat Rfg 182 165 “atlonal Transit 31 32 New York Transit 175 ISS Northern Pipe Line 102 105 Ohio Oil 340 345 Penn.-Mex 52 56 Prairie Oil and Gas 640 645 Prairie Pipe Line 235 240 Sapulpa Refg 5% 5% Solar Refining 420 430 Southern Pipe Line 147 152 South Penn Oil 308 312 Southwest Penn Pipe Lines. 78 82 Standard Oil Cos. of Cal 836 340 Standard Oil Cos. of Ind 740 750 Standard Oil Cos. of Kas 615 635 Standard Oil Cos. of Ky 410 420 Standard Oil Cos. of Neb 520 530 Standard Oil Cos. of N. J 755 735 Standard Oil Cos. of N. Y 423 42S Standard Oil Cos. of Ohio 400 505 Swan & Finch 96 100 Union Tank Line 122 126 Vacuum Oil 415 425 Washington Oil 35 40
Foreign Exchange Easier at Opening NETT TORK, April 17.—The foreign exchange market opened easier. Demand sterling was 3.95-4, off 4; flranc checks, 16.32, up 5 centimes; lire checks. 22 02, np 35; marks, demand slightly lower at .0161 aad Canadian dollars demand. .0165. Demand sterling closed 3.94?4, off 1(4 net. Franc checks. 16.32, up 5. Lire checks. 22.07, up 30. Marks, demand, .0158, and Canadian dollars, .9165. WHOLESALE FEED PRICES. (Acme-Evans Cos.) Ton Sax. Cwt. Ac. bran $59.00 $3.00 Ac feed 62.00 8.13 Ac. mldds 66.00 3.35 Ac. dairy feed 77.50 3.90 E-Z dairy feed 65.50 3.30 Ac. H A- M 76.75 8.90 C. C. A B. cfaopt 65.73 3.33 Ac. stock feed 6300 3.70 .Ac. farm feed 69.25 3.50 Slacked corn 75/>0 3.Sil Ac. chick feed 76.25 3.83 Ac. acratcb 73.25 3.70 E-Z scratch 70.50 3.33 Ac. dry mash..j 75.75 3.85 Ac. hog feed... 71.50 3.60 Ac. barleycorn 76.25 3.83 Ground barley 78.25 3.95 Ground oats ............. 77.00 3.!k) Momlik white 75.50 3.80 Rolled barley 78.25 ' 3.95 Alfalfa mol 63 50 3.20 Oil meal 86.00 4.35 Cottonseed meal 80.00 4.05 GRAINS. Shelled corn, 2-bu sacks, bu $1.93 Shelled corn, small lots, bu 1.83 Shelled corn, large lots, bu 1.82 Oats, S-bn sacks, bu 1.21 Oats, bulk, large, bu 1.21 Oats, less 100 bu 1.15 Chicken wheat, cracked, cwt 4.20 WHOLESALE PRODUCE. Wholesalers are paying the following prices in Indianapolis for eggs, poultry and packing stock butter;. Eggs—Fresh, 36c doz. Poultry—Fowls, 35c; broilers, 1(4 to 2 lbs. 50c; cocks, 18c; old tom turkeya young tom turkeys, 12 lbs and up, I0&: young hen turkeys, 8 lbs and up, 88c; call thin turkeys not wanted; ducks, 4 lbs up, 22c: ducks, under 4 lbs. 18c; geese, 10 lbs sup, 18c; squabs, 11 lbs to doa. $7.50. 1 Butter—Clean packing stock. 35c lb; fresh creamery butter. In prints, la sellin* Ot wholesale at 68c: in tubs, 67e. Butter Fat—lndianapolis buyers are paying 69c. Cheese —(wholesale selling price*)— Brick, 29Sj30cib; New York cream. 330; j Wisconsin full cream, 34@35c: Longhorns.
LATE FINANCIAL NEWS NEW YORK, April 17.—The Evening Sun financial review today said: “There was not a great deal to attract interest In today's short cession of the stock market evidently rtaders and outsiders anticipating a poor showing in bank statements. * “The price list was steady enough and there was no display of weakness. “Buying initiative was entirely wanting, and selling pressure while exerted unevenly from time to time was not heavy. “Tne whole performance was professional, quite devoid of significance and reflective of a waiting attitude.” Local Stock Exchange STOCKS. Bid. Ask. Ind. Ry. & Light com 55 Ind. .Ry. & Light pfd 90 95 Indpls. & Northwest pfd.... ... 75 Indpls. & Southwest pfd 75 Indpls. St. Railway 50 63 T. H. T. & Light pfd T. H„ I. & E. com 1% ... T. H„ I. &E, pfd 9% 16 U. T. of Ind. c0m..... 1 U. T. of Ind. Ist pfd 5% U. T. of Ind. 2d pfd 2 Advarice-Rumely Cos. com... ... ... Advance-Rumely Cos. pfd ... American Central Life 235 American Creosoting Cos. pfd 97 Belt Railroad, com 105 115 Belt Railroad pfd 50 Century Building Cos. pfd... 99%. .... Cities Service com Cities Service pfd „ Citizens Gas Cos., 1917 34 37 Citizens Gas, prior to 1917... 35 Dodge Mfg. Cos. pfd...,..;. Q 9% ... Home Brewing 51 ... Indiana Hotel com 80 Indiana Hotel pfd.......... 99 ... Indiana National Life. 4% 5% Indiana Title Guaranty <H 72 Indiana Pipe Line 94 Indianapolis Abattoir pfd.. 48% 52 Indianapolis Gas „ 50 56 Indpls. Tel. Cos. com 2 Indpls. Tel. Cos. pfd 75 Mer. Pub. Util. Cos. pfd 44 4 National Motor Cos 24 25% National Underwriters Cos Public Savings 2% ... Rauh Fertllllzer pfd 50 Standard Oil Cos. of lud 740 Sterling PL's Insurance.... 8% 9% Stutz Motor Cos .., ~. Van Camp Hardware pfd.... 99 Tan Camp Packing pfd 100 Van Camp Prod. Ist pfd.... 100 ... Van Camp Prcd. 2d pfd.... 99 ... Vandalia Coal com 5 Vamlalia Coal pfd 9 Wabash Railway com 8% ... Wabash Railway pfd 25 ...
BONDS. Broad Ripple 5s f 52 Citizens St. Ky. 5s 79 86 Ind. Coke & Gas Cos. 6s 01 ... Ind. Creek Coal & Min. 6a... 08 Ind. Northern 5s \ ... Indiana Union Traction 5s Indpls., CoL & South. 5a.... 88 Indpls. & Greenfield 5s 92 99 Indpls. & Martinsville 5a.... 57 Indpls. & North. 5s 37% 42 Indpls. Ac Northwestern 5s 60 Indpls. & Southeast. 5s 44 Indpls., Shelby. & S. E. 5s 85 Indpls. Street Ry. 4s 60 6S Indpls. Trac. & Ter. 5s 65 Kokomo, M. & W. 5s 83 85 T. H-. I. & E. 5s Union Trac. of Ind. 5s 60 Citizens Gas 5a 73 82 Indiana Hotel Cos. 2d 6s 99 101 Indianapolis Gas Cos 73% 81 Ind. L. A 11. 5s 79 84 Indianapolis Water 5a 89 93 Indianapolis Water 4%a 72 7s M. H. & L. ref. 5s 90 94 New Telephone Ist 6s 95 New Telephone 2d 5s 99 ... New Tel. Long Dist. 5s 94 ... South. Ind. Power 6s 91 BANKS AND TRUST COMPANIES. Aetna Trust.. 100 ... Bankers Trust 118 ..... City Trust 82 Commercial National 70% Continental National 111% ... •Farmers Trust 200 Fidelity Trust..*. 120 Fletcher American National. 257 Fletcher Sav. & Trust C 0.... 168 Indiana National 290 295 Indiana Trust 206 216 Live Stock Exchange 382 Merchants Natioual 263 National City 115 118% People's State 176 ... Security Trust 119 State Savings & Trust 90 Union Trust Cos 268 380 Wash. Bank Sc Trust C 0.... 133% ... •Ex dividend. LIBERTY BONDS. Liberty 3%s 93.20 94.00 Liberty first 4s 90.00 Liberty second 4s 86 88 Liberty first 4%s 90.00 90.50 Liberty second 4%s H 6.86 87.20 Liberty third %s 91.80 02.20 Liberty fourth 4%s 86.90 87.20 Victorv 3%s 9C.04 9(140 Victory 4%s 96.08 90.40 SALES. SI,OOO Citizens Gas bond 73 $2,000 Citizens Gas bond 77% 10 shares Indpls. St. 8y.... 60
Local Bank Clearings Saturday 32,634,000 Same day last year 2,543,000 Increase over last year........ $91,000 Clearings for week $19,098,000 Same week last year 13.295,000 Increase over last year $ 5.803,000 Housewives’ Market The following prices are on first quai.ty No. 1 government Inspected meats only: * Apples, choice, per lo $ 05@10 Asparagus, bunch 10ral5 Bananas, doz 20030 Keans, navy, lb .11 Beans, lima, lb .13 Keans, Colorado pintos, 1b.... .10 Keeta, lb JO Carrotts. bunch .10 Cabbage, lb JO Cauliflower ,35035 Lvlery, bunch JvfglS Cranberries, lb .07)4 Cucumbers, hothouse, each.... .25@30 Grapes, Imported, lb.. .50 Grapefruit, each .06® 10 Lemons, per doz 25030 Lettuce, leaf, per lb . .25 Head lettuce, each 15@25 Onions, lb .06® 10 Onions, Bermuda, each 060.07 V* Onions, green, bunch .10 Parsnips, 2 lbs JO Parsley, per bunch .05 Potatoes, peck 1.25 Potatoes, lb .10 Itadishes, bnneb .06 Rhubarb, bunch JO Spinach, lb .20 Strawberries, qt. box '.50 MEATS. The following prices are t>e geuers: prices charged at the city market, obtained by striking an average of tbs prices charged at vurlou* stand*: Lamb chops, lb .55®f,0 Leg of lamb, per lb 45@50 Koiled bam, per lb .75 Smoked ham. per lb 40®50 Round steak, per 1b..., .35 Fresh beef tongUe .30 Smoked beef tongue 40045 Roast btef .' .26®30 Flank steak .30 Beef tenderloin 50®33 Pork chops .33 Pork tenderloin .75 Porterhouse steak 40'3.50 Chuck steak .28(330 Bolling beef 18020 Bacon 40@(V) Loin steak .35 Hams, whole 30®35 Lard, lb 27)4 Lamb stew 15®25 Spareribs, lb .25 Shoulders, fresh beef .30 Shoulders, fresh pork .27 Beef liver .13 Veal chops .35040 Veal steak .60 Calf llTer 30@35 PKODCCE. Hens, full dressed, lb .55 Eggs, fresh, select, doz 41 @43 Butter, creamery, lb *. 69075 CLEVELAND PRODUCE. CLEVELAND, 0., April 17— ButterCreamery, In tun*, extra, 71)4@72c; extra fancy, 70)4@71c; firsts. 60>4@70c; prints, lc higher; seconds, 65@65)4e; packing, 30)4@40-4c. Eggs—Fresh gathered, extras, 45)4c; fresh extras. 44)4c; northern Oldo fresh, new cases, 43V&c; Xtid case*. 42c; western firsts, 42c. , Poultry— Chickens. 45050 c; light fofls. 6®47c; extras, 48®50c; roosters, 2m; springers, 4 3® 48c. T
BULK OF GOOD HOGS BRING $16.75 Cattle Slow and Lower With Calves Dull at Close. RANGE OF HOG FRICKS. Good Good Good April Mixed. Heavy. Light. 12. No market. 15. $15.75 $15.00 $16.00 14. 16.25 15.00 16.50®16.75 16. 17.00 [email protected] [email protected] 16. No market. 17. 16. fO [email protected] Receipts, 3,000; bulk of good hogs, $16.75. Order buyers stepped Into the market with enough orders to care for the hogs on hand and while there was no general schedule of prices established as in a general market, the bulk of the good light hogs sold at $16.75. Hogs weighing around 250 pounds brought $16.50 and there were several loads that cleared at $10.85, with a fancy top of sl7. 1 , Sows sold at $13.25 down, with the bulk of sales around sl3. Pigs brought sl6 for the bulk, although strong weights readily sold at $18.25. Cattle. Cattle, 600; market, slow and lower. Local packers were out of the cattle market, and, aside from few bought by order men, the market was deserted except for speculators. Sales made showed light steers and heifers fs@soc lower and the heavy steels were bid sharply lower. On the week, exclusive of today’s market, which could not fairly be taken as a criterion, with the principal buyers absent, medium and good heifers are considered 50c@$l higher; cows selling from s9@ll, 50®75c higher and tho light heifers and steers, some are Inclined to believe, are $1.50 higher. The greatest advance has been on heavy steers, which are $150@2 higher than week ago. Calves. Receipts. 200; market steady at opening, stagnant a* close. There was a demand for the good and choice veals at the start and prices were considered steady, with the exception of the medium veals, which apparently were not in demaud and sold $1 lower. . Toward the close the market became dull and lifeless and about ICO calves were carried over until Monday, with no bidders. The choice reals sold at [email protected]; pood. $174118; medium, $12@14, and the light, s9@lo- - Receipts, 5; market, nominal. Not enough sheep to establish a market. Receipts of sheep and lambs this week have been very light. It is believed, however, that the gradual improvement in transportation conditions will increase the values of sheep and lambs. Best natives are selling irotn sl7@lß, aud western fed lambs from $lB @l9 Best sheep, s9@lo; No. 2 kind at s6@7, and bucks, [email protected].
HOGS. Following quotations are for last general market Friday, April 9: Best hogs, 160 to 225 lbs average $16.73 Good. 225 to 250 ibs avr.... 16.50 Good, 250 to 275 lbs avr.... 16 23 Good, 275 to 300 lbs avr 16.00 Over 300 lbs average [email protected] Bulk of sows. J273®15.00 Best pigs, under 140 1b5.... 15.50w16.23 Bulk of good hogs 16 [email protected] CATTLE. —Steers — Prime cornfed steers. 1,300 lbs and up - [email protected] Good to choice steers, 1,300 lbs and up [email protected] Good to choice steers, 960 to 1.200 lbs [email protected] Common to medium steers. I.UK) aDd 1,200 lbs [email protected] Common to medium steers, 900 to 1.000 lbs 9.504/11 00 Good to cnolca yearlings [email protected] —Bulls aud Calves— Good to choice butcher bulls. [email protected] Bologna bulls B.oo@ 9.00 Light common bulls 7.00@ 8.00 choice veals 18.00@l 1 *.60 Good veals 17.004£1''.00 Medium veals [email protected] Lightweight veals [email protected] —Stockers and Feeding Cattle— Good to choice steers, 800 lbs and up [email protected] Common to fair steers, 800 lbs aud up 9 00@ 9.30 Good to choice steers, under 800 Ibs 0.50Q10.00 Common to fair steers, under 800 lbs. B.oo@ 923 Medium to good cows 0.25@ 7.25 Medium to good**helfers 7.000 7.50 Fair to best milkers [email protected] Stock calves. 250 tq 450 lbs.. [email protected] —Heifers aud Cows— Good to choice heifers [email protected] Fair to common heifers [email protected] Common to light hellers.... [email protected] Good to choice cows [email protected] Fair to medium cows B.oo@ 9.00 Canners 6.00@ 5.50 Cutters 6.50@ 8.50 SHEEP-AND lAMBS. Good to choice sheep [email protected] Common to medium sheep... 5.00@ 8.00 Good to choice lambs [email protected] Common to medium yearlings [email protected] Western fed lambs 18.00m18.50 Good to choice lambs 18 [email protected] Common to medium lambs... [email protected] Bucks, per .100 lbs 7.00@ 8.00
Other Live Stock j CINCINNATI, April 17.—Hogs-Re-ceipts, 1.500; market, strong, 26r@$l higher; no heavies on sale; mixed, $17.75; medium, $18; light, sl7; pigs, sls: roughs, $12.50; stags, $9. Cattle —-Receipts, 20; market, steady; bulls, steady; calves, sl3. Sheep—None. EAST BUFFALO, April 17.—CattleReceipts, 400; market, slow, steady; shipping steers, $13014; butcher grades, $9013, cows, $4010.50. Calves—Receipts, 200; market, active, steady; culls, choice, $7023. Shpep and lambs—Receipts, 200; market, no trading. Hog— Receipts, 150; market, steady; Yorkers, no quotations. CHICAGO, April 17.—nogs—Receipts. 7,500; tnu get, strong; bulk, $14.75015.75; butchers, $14,40® 15.90; packers, $12.75® 13.75; light, $14.75015.90; pigs, $13315; roughs, sl2® 13. Cattle—Receipts, 7.000; market, 25c lower; beeves, $10.25015.99; butchers, $7.50014.15: cannera and cutters, $4.5008.75; stoekers and feeders, *7.50® 11.25: cows. $7.50® 14.16. SheepReceipts, 3,000; market, steady; lamb*, $9 @21.75; ewes, $11.50® 15.30. Wholesale Meats FORK. HA MSRegular, 14 to 16 lbs .88)4 Skinned, 12 to 14 lbs .89 Fancy boiled -56)4 BACONFancy breakfast, 5 to 7 lbs .50 Sugar-cured squares .24 Fancy sliced, 1-lb carious... .55 PICNICS— Sugar cured, 5 to 7 lbs .23)4 SALT MEAT— Dry salt Jowl buttll .18)4 LARD— f Refined, tierce basis .220) Open kettle, tierce basis..,.. .23)4 FRESH PORK— Spare ribs .23 Shoulder bones .08)4 TeaJjrloins 60@02 Dressed hogs .25 Extra light loins, 4 to 6 lbs... .35)4 IJght loins. 7 to 9 lbs .34)4 Fresh boneless butts .34 Boston butts ,2S Skinned shoulders .24)4 SAI'SAGE Breakfast, in 1-lb cartons,... .30 Standard, fresh bulk .18)4 Frankfurts, bog casings .19)4 FRESH BEEFS.' Medium steers, 400 to 500 lbs .19 No. 2 heifers .18)4 Native cows 17)40.18)4 Medium cows JO LOINS— No. 3.. .23 RIBS— No. 2 .31 No. 3 J 9 ROUNDS— No. 3 .22 No. 2 /_'4 CHUCKS— No. 3 .12 PLATES— No. 3 JO VEAL CARCASSES— No, 1 quality .22)40.25 No j 8 quality .—■ —...1, J3)[email protected]
INDIANA DAILY TIMES, SATURDAY, APRIL 17,1920.
GRAINS PICK UP STRENGTH LATE Decline at Start, but Later Regain* Early Losses. CHICAGO, April 17.—Grain futures closed unchanged on the Chicago Board of Trade today. A late rally made up the- declines of early trading, but was not extensive enough to produce marked Increases. Trading was light. Provisions closed lower. May corn, which opened down %c at $1.69%, advanced %c, closing at $L69%. July corn, down %c on opening at $1.64, closed up %c. September corn, down %c on opening at $1.58%, closed up %c. May oats, down %c on opening at 95%c, closed up %c. July oats, down %c on opening at 87%c, closed up %e. Grain futures at the close of the Board of Trade were about at Friday’s final levels, after opening %c to lc lower for com, unchanged to %c lower for oats; 2%c to 2%c lower for May rye and %c off for July rye. Fluctuations were rapid within a comSaratively narrow range. Commission ouses were on both sides of the market. Provisions closed 35c lower to 15c higher for pork, steady to 20c lower for lard and 2c to 5c higher for ribs.
CHICAGO GRAIN. —April 17CORN —Open. High. Low. Close. May. 1.69% 1"0 1-68% 1.00% • 1.68% 1.00% July 1.64 1.04% 1.63% 1.04% f % 1.63% 1.64% Sept. 1.58% 1.50% 1.57% 1.50% t%j 1.58% 1.59 I OATS— May. 95% 96% 04% 06- t% 1 05 95% ! July 87% 88% 86% 87% 87% Sept. 70 70% 75% 70% t% f 75% 76% PORK— Mav. 37.50 37 50 37.05 37.15 • .35 July 38.00 38.50 38.00 38.15 • .30 LAUD— May. 20.25 20.30 20.25 20.25 • .15 - July 21.25 21 25 21.02 21.05 • .15! Sept. 21.75 21.90 21.75 21.75 • .15 RIBS— May. 18.47 18.50 18.42 18.50 t .03 July 19.08 10.08 19.02 19.10 t .03 Sept. 19.55 19.60 10.55 10.60 t .03 •Decrease, tlncrease over yesterday’s close. CHICAGO CASH. CHICAGO. April 17.—Com—No. 2 mixed, $1.70%; No. 2 yellow, $1.73%; No. 3 mixed, $1.69%® 1.70. No. 3 white, $1.71%; No. 3 yellow, $1.71%1.71%; No. 4 mixed, $1.67@167%: No. 4 white, $1.68; No. 4 yellow, $1.87f<j1.68. <ats—No 2 white, $1.02%@1.03; No. 3 white, sl.Ol %@ 102%. TOLEDO CLOSE. TOLEDO. 0„ April 17—Com—No 3 yellow, $1.73. Oats —No. 2 white, sl.lo® 1.12. Rye—No. 2 cash, $2.02. Harley— 1 No. 2 cash, $1.87 Cloverseed—Cash and April, $27. October, $23.25; December, $22.45; timothy, 1017 and 1018 cash, $5.10; 1919 cash, $5 30; April. $5.30; May. $5 25; September, $5.70; October, $5.80; December, $5.65. Butter —73c. Eggs—i3c. Hay—s 42. PRIMARY MVRKKTS. (By Thomson & McKinnon.) Receipts— Wheat. Corn. flats. Chicago ...._ 31,'W0 21.000 85.000 Milwaukee 19,000 2.0)0 Minneapolis . 192,000 37,000 50,000 Duluth 116,000 St. Louis 14,000 38,000 24,000 Toledo 1.000 2.000 Kansas City.. 28,000 15,000 Peoria 2,000 13.000 18.000 Omaha 40,000 159.000 168,000 Indiana polls 20.000 24.000 Totals 427,000 319,000 373,000 Year ago—--12 days)... 718,000 1,196,000 1,102,000 —Shipments— Wheat. Corn. Oats. Chicago 4,00!) 2.000 11,000 Milwaukee .. 10,000 24.000 52.000 Minneapolis . 05.000 :3,0U0 47,000 Duluth 26,000 Toledo 11,000 4.000 Kansas City. 10,000 l.Odn 2,000 Peoria 10.000 20,000 31,000 Omaha 46,00 9,000 16.000 Indianapolis 4.000 2,000 Totals 230,000 73,000 195,000 Year ago—(2 days/ 1,268,000 550,000 901,000 —Clarences— Dome*. W. Corn. Oats. New York.... 62,000 Philadelphia . 18,090 Totals 80,000 Year ago.. 1,591,000 1,000 11,000 COMPARATIVE STATEMENT. —April 17Output of Flour — Barreis. April 17, 1920 2,970 April 10, 1920 8.281 April 10, 1919 11,120 April 20, 1818 8.465 Inspections for Week— —Bushels—--1019. 1920. Wheat 140,000 4.000 Corn 158,000 41,000 Oats 160,000 28,000 Bye 3,000 4,000 Thirteen cars hay. —Stock in Store— Wheat. Corn. Oats. Rye. April 17. 1020.272,830 839.620 87,660 4,38 b April 19, 1919 322,930 408,820 133.500 7,220 April 20, 1918 . 38,880 714,270 257,060 4,160
INDIANAPOLIS CASH GRAIN. —April 17Corn—Strong; No. 3 white. $1.75)4® 1.77)4; No. 4 white, $1.73; No. 3 yellow, $1.74>4® 1.76)4; No. 3 mixed, ?t.74L,. Oats—Strong; No. 3 white, $1.09. Ilay—Strong; No. 1 timothy, s37® 37.60; No 2 timothy, $36037.50; light clover mixed, s;>C®36.so; No. 1 clover mixed, $35.50036. —lnspections Wheat —No. 2 red, 1 car. Corn—No. 2 white, 1 car; No. 3 white, 9 cars; No. 4 white, l car; No. 1 yellow, 1 car; No. 3 yellow, 9 cars; No. 3 mixed, 4 cars: No. 4 mixed, 1 car; ear, 1 car; total, 27 cars. Oats—No. 2 white, 5 cars; No. 3 white. 2 cars; No. 4 white, 1 car; total, 8 cars. Hay—No. 1 timothy, 2 cars; No. 2 timothy. 1 car; No. 1 clover mixed, 1 car; No. 2 clover hay, 1 car; total, 5 cars. WAGON MARKET. The following are the Indianapolis prices of hay and grain by the wagon load; Hay—Loose timothy, $33035 a ton; mixed, $32033; clover, $33035. C0rn—51,700.1.75 bushel. Oats—slol.os a bushel. Straw—-Wheat, sß@9 ton; oats, $14015. WAGON WHEAT PRICES. Indianapolis elevators and mills arc paying $2.00 for No. 1 wheat, $2.57 for No. 2 and $254 for No. 3. All other grades according to quality. FLOUR AND CORN MEAL. E-Z-Bnke, busts 98 lbs cottou sacks, barrel .-..513.85 Corn meal, 100-lb cqtton sacks, barrel 4.45 LOCAL HIDE MARKET. Green Hides—No. 1,18 c; No. 2. 17c. Green Calves —No. 1. 40c; No. 2, 38)4c. Horsehldes —No. 1, sl2; No. 2. sll. Cured Hides —No. 1,23 c: No. 2. 22c. fjpow to make aj@ pfsProfit on Stocks-IBt P™® The investor who buys high "■ grade listed securities outright, H f ■ In well diversified groups, ana ■ P holds them for permanent gain, la in position to make a liberal profit beyond the dividend yield. Whet kind es stocks to buy, also how and when to buy them, is interestingly told in pur book, just published, entitled “The Principles of Profitable Investment.” Its 64 pages tell you the vital things I about the stock market —how to 1 judge e security —how to make a H profit on stocks. It contains no “tips” on certain | Issues, and nothing for the man who I wants to take a short cut to wealth, H but deals with fundamentals. You , should read it before investing. J 1 V Write todey. U’s free. Dept. 1. > I as • sj
On Commission Row , | TODAY’S PRICES. Apples—ln barrels. Extra fancy Red Jonathans, SJ2; extra fancy Grimes Golden, $11; Baldwin, $8.50; Greenings. $9; Hubbardson, s9@ll; Jonathans, sß@ 10.50; Rome Beauties, [email protected]; Kings, $9; Winesaps, $10; Maine Northern, $10; Wealthy, $8; York Imperials, $9; Kianaird Favorites, $6; Grimes Gulden No; 1 grade, $9. In boxes: Rome seauties, 80s to 150s, $3.50; Grimes Goldens, 96s to 1755, $3.50; Delicious, 80s to 150s, $4.50; Yellow Ortley. 72s to 102s, [email protected]; Spltzenberg, SOs to 150s. $3.30. Bananas—Pound, S%c. Beans—Michigan navy, in bags, per lb., 7%c; pinto, 7%c; limns. 13%c. Beets—6s-lb. bags. *1.50. Cabbage —Pound, s@6c. Cauliflower—Orate, $2.70@3. Carrots—Basket, 40 lbv. 51.75; crofu dozen bunches, 40c; hamper, 50c@ * Celery—Florida, $5.75; doz, $1.75. Cucumbers—Hothouse, Davis, doz, $3; box 2 doz, $5.75. Grapefruit—Extra fancy, Floridas, $3.50 @4.76. Honey—Comb, new, cage* of 24 caps, $7.75; extracted, 60-10. tin*. 22c; South American, dark extracted, 10c lb. Lemons—Californias. standard box, [email protected]. Lettuce—Leaf, lb, 18@20c; Iceberg, crate, 4 doz, 39. Mangoes—Florida, 2-doz basket, $1.75; crate, sl6. Nuts—Filberts, pound, 20@32c; English walnuts. 37@40c; chestnuts. 25c; pecans, 30c, 50e, 70c,; Brazils, 2Se; almond, 33@ 3Cc: shellback hickory, 10c. Oranges—California navel, box, $5.50 @B. Onions—lndiana red ar 1 yellows, cwt, $5.50; western yellow, $ >0; Spanish imported, 40-lb. basket, s’. .75; home-grown green, 20@25c doz bunches Onion Sets—Yellow, bu, $3.25; white and red, $4. Potatoes —Northern whites, cwt, SB. Potatoes—ween, rted IJlver Ohio, cwt, $8; Early Rose. $7.50, eastern cobblers, $3; Six Weeks Triumphs. $6.00, Rage—-Fancy. do*. so*Spinach—Texe, hn, $1.50:(12. Strawberries —Case, 24 pint boxes, $4.50 @5. Sweet Potatoes—ri jersey, bu, $3id3.25, Nancy Halls, [email protected]. Tomatoes—Crates, 0 baskets, $0; basket, $1,25.
Weather Conditions i The following table shows the state, of the weather at 7 a. m.: Bar. Temp. Weather. Indianapolis, Ind.. 29.18 to < loudy Atlanta, Ga. 29.72 60 Rain Amarillo, Tex 29.30 44 PtCldy Bismarck. N. D. .. 30.04 32 Clear Boston, Mass 29'G 4t Cloudy Chicago. 111. 29.9) 38 Vlear Cincinnati, O. .. y . 29 70 42 Cloudy Cleveland. Q. 29*4 50 Cloud} 1 Denver, Cofo 29.26 32 Snow Dodge City, Kas.. 29.2.8 50 Cloudy Helena, Mont. ... 30.14 32 Snow Jacksonville. Fla . 29.70 08 Clear Kansas City. Mo.. 29.60 40 Cloudy Louisville, Ky. .. 29.78 42 Cloudy Little Rock, A r k.. 29.36 58 Clear f.os Angeles, Cal.. 29 92 52 ■ Clear Mobile, Ala. 29 70 70 Cloudy New Orleans, 1.a.. 29.66 79 Cloudy New York, N. Y... 29 72 42 Rain Norfolk, Va 29 60 62 PtCldy Oklahoma City ... 29 28 64 Clear Omaha, Neb 29 7 • 40 Cloudy Philadelphia. Pa. , 29 68 41 Cloudy .Plhtshurg, Pa. .. 2962 41 Rain Portland, Ore 30 -u 40 Cloudy Rapid City, S. D.. 29 80 32 Snow Rosoburg, Ore. ... 30.48 Cloudy San Antonio, Tex 29 40 64 < lenr San Francisco, Cal 30.18 48 Clear st. Louis, Mo 29.78 42 Cloudy St Paul, Minn 2998 56 Clear Tampa, Fla 29 8(> 66 (loudy Washington, D. C. 29.60 46 , Cloudy WEATHER CONDITIONS, 7 A. )&■ The storm in the middle Mississippi valley Friday morning has moved •■&*!- ward to the const, accompanied by general rainfall, heavy in many localities. The weatern disturbance Is now centered on the eastern slope of the middle Rockies, ind has Increased considerably In energy. It has caused precipitation over much of the west. Between the two. cooler weather has overspread the middle Mississippi and Ohio valleys, where the readings this morning ore from .1 to 13 degrees lower than those of Friday. J, 11. ARMINGTON. Meteorologist. CHICAGO PttODKT, CHICAGO. April 17. Butter—Receipts, 2,174; creamery extra. 61%c; standard. 64c; firsts, 53c; seconds, 46@500; parking stock, 39%c. Eggs Receipts, 18.792 cases; miscellaneous, 38@4<V; ordlnarv first". 37@38c: firsts 41 %c: storage, 44%@45c; checks, 33@55c; dirties. 35c. Cheese Twins, new, 28@28%c; da isle*, 3f)%(tf3lc; young Americas, 31@ @Bl %c; longhorns, 30%c; brick, 29c. Live poultry -Turkeys. 35c; chickens, 58c; springs, 38c; roosters, 23-; geese, 22c; ducks. 38c. Potatoes— Receipts. 10 cars; Minnesota, Dakota, Ohio, $*@7.49 per 100 lb*.
To Make Money Quickly Invrat a part of your savings or surplus In RELIABLE TRACTOR COMMON STOCK, which vv* are now offering at the Initial price of $8 per share (par value $10). subject to advance without notice. FEATURES 1. The Reliable Tractor A Engine Cos. Is an established producing Company. 2. Manufactures high-grade FARM TRACTORS, the coming great money-making business of the world. Also produces the famous RELIABLE GAS ENglnes. 8. The Farms of the U. S.. and the foreign demand will require 7.000,000 FARM TRACTORS in the next few years. WILL YOU SHARE IN THE LARGE AND CERTAIN PROFITS OF SUPPLYING THIS ASSURED DEMAND? Then get In on something the Nation needs and get In at the beginning for big profits. 4. On a scheduled production of 3.000 RELIABLE FARM TRACTORS for the ensuing year, the net profits ore estimated at $600,000, to which can he added $70,000 of net profits for the Gas Engine business. Largo dividends nre thus possible on the Common Stock. 8. WE OWN, OFFER AND RECOMMEND RELIABLE TRACTOR COMMON STOCK, and advise your immediate order while It can be had at $8 per share. Write or call at our office for an Interesting illustrated circular on RELIABLE TRACTOR COMMON. RLATT BROTHERS COMPANY, INVESTMENT SECURITIES. 202 State Savings & Bldg., Indianapolis. • * MAIL TODAY PLATT BROTHERS CO., 202 State Savings tis Trust Bldg., Indianapolis, Ind. Without obligation on my part, mail me your illustrated circular describing your offering of RELIABLE TRACTOR COMMON, before the price advances. Name Street Address City and State
STRIKE HAS HIT MARKET ON HOGS Business a Weird Succession of Ups and Downs. Strike of railroad switchmen has been the contributing factor to an erratic hog market for the past week, with• receipts problematic and outlet by reason of the embargo mighty uncertain. In reviewing the market for the past week the Sed wick Commlgslcn Company at the local stock yards say: “The story of the hog market for the past week could be best told in Just three words—to much strike. “The complete shutdown of the railroads here last Friday evening, not only stopped all incoming shipments of stock, but also left about 4,000 fresh supply that were on the way and had arrived during Friday night and Saturday morning, unsold. “The outbound shipments that had been purchased on Friday’s market, were also returned on account of the inability of tho railroads to handle them. “Business was practically demoralized and at a complete standstill when the market opened Saturday morning. PACKERS TIED CP BY BILGING COOLERS. “Added to this uncertainty, the large local packers, unable to obtain any assuranco that the large supplies of fresh meat then In their coolers and refrigerator cars could be moved, were slow to start and would not take the hogs offered for sale, at anything except a cheap enough price to gamble on the ! risk. “Here things -came to a deadlock, and for the next two days \hero was no market. Nothing came in and nothing went ! out. "Tuesday, with hogs growing stale In the pens, and slight prospects of any settling of the strike, the market opened up with local packers the principal buyers. r “Bulk of the good hogs went over the scales at $15.50@10, although some extremely heavy hogs sold at sls. "Thursday the hulk of the good hogg sold nf $17.25, pigs at sl6, and roughs at $13.50 down. MARKET OUTLOOK LOOMS UNCERTAIN. “The railroads are accepting stock from country loading points, when billed to the market here, but are taking nothing fnon the stork ynnls to eastern points without considerable restrictions. This will- mean that receipts should Increase within the next few days, while there Is very little prospect of any outside demand being able to assert Itself during the same period. ’ Tho local packer* should be able to absorb any reasonable amount of hogs received, but any surplus, w-ni find no outlet, and there lies the whole sterv. When the situation clears sufficiently Dial the eastern orders can enter the market, the demand for meat should be in Mo to handle af £ood prices, any amount of hogs offered. Until that time however, the price is going to he reguLited by the volume of receipts.”
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 new’ homes on a liberal basis. Its plans are comprehensive and will help solve, in a scientific w’ay 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, IndiCompany, Cleveland. anapolls. Builders Investment Company, Cleveland. Vlc ® President Sterling Fire Insurance President American Mortgage Company, Company. Cincinnati. Director Bankers Trust Company, Indianapolis. HARRY B. BURNET „ J , HENRY C. THORNTON Pr ““ Burnet Bln,OTll Lumb,,r Com - President Thornton-Levey Printins Compa pany. Vice President and Director Northwest- Dt . .. , , „ .. ern St.te Ban*. Ind.an.pol... 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.) DEPOSITARIES* j Fletcher ' Americail National Bank, Indianapolis, Indiana. | 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. Subscription 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 PT* • Second Floor, No. 9 East Market Street To The American Mortgage Company, Indianapolis, U. S. A. You may send me full literature. Address >• • • ••••♦•••••••••••••#•••• •• f •
Big Oxen on Market Came From Canada CHICAGO, April 17—A shipment of cattle which caused quite a little comment on a corn belt market recently was composed of sixteen heavy oxen, averaging 1,540 pounds, and was brought in by Harry Guun of Winnipeg, Canada. Eleven head brought $7, while the other five sold for $8.50. "Most of this carload were oxen which had been used for hauling, but there were some heavy beeves In the lot,” said Mr. Gunn. “There are thousands of cattle like them in Canada, which, if fattened, Would weigh a ton or better. We buy a great deal of this stuff in tbe region around Winnipeg and hold them until market conditions look good for shipping. We usually have on hand all the way from 300 to 1,000 or more head ready to ship. Most of our stuff 4s fattened on hay and .water, and it is often remarkable how much flesh they will put on on that ration. When we want to really put flesh on we feed a ration of oats and barley, but this Is only for export stuff. Corn for fattening Is not used.
-A-N-T E-n I Stock Issue to Sell W Eg by a selling company of definite Mj record of success. Preferably a ‘lph proposition on which dividends T j have been paid, 'where increased capitalization is desired. REFERENCES EXCHANGED ADDRESS ND. 867, TIMES I ________ P
yfITCI A ‘ n th> ’ comfort* of horn*. HU ICL rUKlllftll Absolutely fire-proof. Rooms sl, $1.25 and $1.50 Comer Markst and Now Jny Sts. Weakly Rat* on Application'
COTTON MARKET FIRM AT START Trade and Liverpool Buyers and Market Responds. NEW YORK,, -April 17.—Responding to further reports of rains in the belt, the cotton market opened <jrm and 13 to 25 points higher today. The trade, Liverpool and shorts were buyers of both near and distant months, their demand being supplied by weekend unloading. After advancing an extreme of 22 to 30 points over yesterday’s close, the list receded a few points but at the end of the flrst twenty minutes was sttS very steady and close to the tog* Cotton opening: May, 42.40 c; .Tuna, 41.25 c; July, 39.90 c: August, 38.15 c; October, 36.85 c; December. 35.35 c; January, 34.65 c; February, 34c bid: March, 83.65 c. Spot cotton steady at 43%c the pound.
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