Indianapolis Times, Volume 32, Number 296, Indianapolis, Marion County, 20 April 1920 — Page 9
STOCKS SUFFER SHARP DECLINE Pressure Exerted at Opening and Prices Drop. v f NEW YORK, April 20.—Prices continued under pressure at the opening of the stock market today, opening quotations showing losses of from fractions to six points. Steel common yielded % to 102$*; Baldwin Locomotive. 2% to 133%; Republic Steel. 1% to 106% and Crucible Steel 4 points to 252. General Motors dropped eleven points to 320, while the certificates sold oft one point to 32%. Studebaker fell two points to 116. Mexican Petroleum was weakest of the oil shares, yielding 3 points to 190%. while Pan-American Petroleum fell 2 potr.s to 105%, and Royal Dutch 1 point to 111%. Th shipping stocks were in supply, Atlantic Gulf losing 3 points to 164; American International, 1% to 08, and Marine preferred, 1 point to 02%. Fractional losses were sustained >n the copper and railroad Issuer. The unsettled tone of the market became more pronounced after the start, when western houses became unusually active sellers. Losses ranged from 2 to 16 points. . Steel common fen to 101%. Baldwin broke nearly 6 points to 130% and Republic Steel yielded 3 points to 105. General Motors was 16 points lower at 313 and some severe losses were suffered in the other motor shares. Southern Paciflc dropped over 1 point *> :>5% and 'oases of from 1 to 2 points were suffered in the other railroad shares.
Mexican petroleum yielded over 7 points to IS6 and Texas company new stock fell over 3 points to 46. There were rallies of from 1 to 3 points, following the anouncement of an 8 per cent call money rate. The drop In the call money rate to 6 per cent caused a rallying tendency in the market during the afternoon. The market showed somewhat steadier tone during the afternoon. Transcontinental Oil was under pressure. falling 4 points to'a new low- record of 18%, and Sinclair Oil fell 2% to 37. Lackawanna Steel was in demand, advancing nearly S points to 83%. Steel common advanced fractionally to 102% and Baldwin Locomotive rose 2 points to 132%. Crucible Steel, after falling 13% t 242, recovered to 250. Studebaker yielded 4% to 113% and Pierce Arrow 1% to 70%. The market closed weak. Government bonds unchanged; railway and other bonds weak. Severe losses were sustained when nearly the entire list was raided by the bear element. Stocks were thrown ove--board In large amounts and prices were slashed to the extent of from 2 to 14 fioints. Many of the oil Issues sold down o the lowest prices touched in months. Mexican Petroleum dropped 9% to 184 and Pan-American Petroleum 3% to 102%. Trans-Continental Oil after touching a new low record of IS% rallied 1 point at the close, while Sinclair Oil showed a loss of 2 points at 37%. Stromberg. after dropping 18 to 81 rallied to 91. Pierce Arrow broke violently at the close, dropping 5 to 68. Steel common closed at the low of the day at 110%. Baldwin Locomotive showed a loss of 6% at its closing of 129% and Republic Steel was 3 points lower at 106%. Crucible Steel slumped 15 points to 241. Studebaker was 5 points lower at 113. Losses of from 1 to 2 points were made In the copper stocks. Tonal sales of stocks today were 1.646,300 shares; bonds, $13,232,000.
Ex-Dividend Today Atlaw Powd., pfd.. q.. 1% per cent. Brown Shoe, pfd., q., $1.75. Consol, Coal, q., $1,150. PuPont-deN. Powd.. com., q., 1% per cent; pfd., q., 1% per cent. Durham Hosiery, pfd.. q., $1.75. Fajardo Sugar, q., $2.50. Fisher Body, com., q„ $2.50; pfd.. q., 1% per cent. Ft. Worth Pr. & Lt., pfd., q., 1% per cent. Kayser (J.). Ist pfd., q., 1% per cent.Kress (S. H.l, com., q., 1 per cent. Lincoln Motors, cl. A., init.. $1.25. Milwaukee Elec. Ry. A Lt., pfd, q., $1.50. Philllps-Jones. pfd, q, sl. Reading Cos, com, q, 2 per cent. Sapulpa Refining. q„ 2% per cent. Willys-Overland Cos, com, q„ 25c. NEW YORK LIBERTY BONDS. NEW YORK, April 20.—Liberty bond quotations: 3%5, 93.28 first 4s, 89.80: second 4s, 86.10; first 4%5. 89.70; second 4%. 86 32; third 4%5, 91.30; fourth 4%5. 86.34; Victorv 3%5, 96.20; Victory 4%5, 96.20. NEW YORK METALS. NEW YORK, April 20.—Copper—Easy: spot, April and May offered 18%c; June offered IS%C. Lead —Easy; spot and April offered 9c; May and June offered B%c. Spelter —Weak: spot, April, May, June and July 8®8.20c.
MOTOR SECURITIES. (By Thomson & McKinnon.) —Opening— Bid. Ask. Briseoe 67 60 Chalmers com 5 7 Packard com 25% 26 Packard pfd 92)5 93% Chevrolet 350 500 Peerless 42 45 Continental Motors com 11)4 11% Continental Motors pfd 99 100 Reo Motor Car 26% 27% Elgin Motors 10% 11% Grant Motors 8% 9 Ford of Canada 395 400 United Motors 40 60 National Motors 24% 25% Federal Truck • 70 " 72 Paige Motors 41 43 Republic Truck 47 49 ACTIVE OIL STOCKS. (By Thomson & McKinnon) —Opening— Bid. Ask. Anglo-American Oil 25 25% Atlantic Refining 1325 1375 Borne-Scrymser 470 490 Buckeye--Pipe Line 93 96 Chesebrough Mfg. Cons 220 230 Continental Oil. Colorado... 170 190 Cosden Oil and Gas 8% 8% Crescent Pipe Line 30 32 Cumberland Pipe Line 140 150 Elk Basin Pete 9% io Enreka Pipe Line 120 125 Galena-Signal Oil, pref 95 100 Galena-Signal Oil, com 65 68 Illinois Pipe Llne..j 178 183 Indiana Pipe Line \ 94 96 Merritt Oil 18 18% Midwest Oil 1% 2 Midwest Rfg 162 * 165 National Transit 31 32 New York Transit 175 185 Northern Pipe Line 102 106 Ohio Oil 338 343 Prairie Oii and Gas.., 650 (M 0 Prairie Pipe Line 230 240 Sapulpa Re'g 5% 5% Solar Refining 415 425 Southern Pipe Line 145 150 South Penn Oil 305 310 Southwest Penn Pipe Lines. 73 78 Standard Oil Cos. of Cal 342 346'* Standard Oil Cos. of Ind 740 750 Standard Oil Cos. of Kas 610 625 Standard Oil Cos. of Kv 410 420 Standard Oil Cos. of Neb 515 325 Standard Oil Cos. of N. ,T 765 785 Standard Oil Cos. of N. Y 414 418 Standard Oil Cos. of Ohio 475 500 Swan A: Finch. 96 100 Union Tank Line 120 125 Vacuum Oil 410 415 Washington Oil 33 38
COTTON MARKET STARTS LOWER Covering After Opening Puts Some Strength in Market. NEW YORK. April 20.—Tbo cotton market was under pressure at t.ie opening today and after showing leases of 12 to 23 points experienced further weakness. falling about 10 points under initial levels on the new crop. Liverpool and the trade were the xhief buyers on the setback. Cables were poor and coupled with the unsettled financial situation in Japan induced part of the selling here. At the end of the first fifteen. minutes the list was up about 10 points from the bottom on covering. Cotton opening: May, 41.50 c; July, 39.25 c; September, 37c bid; October, *6.18c; December, 35.10 c; January. 34.20 c: March, 83.40 c.
TODAY’S MARKET NEWS IN BRIEF NEW TORK STOCKS. Market opened lower with bears staging raids throughout the list practically* without opposition. Drop in call rate to 6 per cent with plenty of money to be had did not serve to effectively check bearish operations and practically entire list suffered declines; market closed weak. GRAINS. Indianapolis Cash—Corn, no sales; oats, steady, unchanged; hay, strong. Chicago Cash—Corn, 2%c lower to l%c higher; oats, %@lc lower. Chicago Futures—Corn, %@l%c higher; oats, %@lc higher. Toledo Cash—Corn, unchanged; oats, unchanged; rye, unchanged; barley, 1c higher. , LIVE STOCK. Indlarapolls—Hogs, opened steady; closed 25c lower with nominal sales at j dose. Cattle—Butcher stuff, steady; heavy steers, weak; calves, $1 lower; sheep, steady. Chicago—Hogs, 25035 c lower. Cattle—--25c lower. Sheep—Steady. PRO VISIONS. Chicago Board of Trade—Pork, 40® 80c lower; lard, 40<g45c lower; ribs, 12@13c lower.
Local Stock Exchange STOCKS. Bid. Ask. Ind. Ry. & Light com 55 Ind. Ry. & Light pfd 90 95 Indpls. A Northwest pfd 75 Indpls. & Southwest pfd 75 Indpls. St Railway 60% 70 T. 11. T & Light prd T H, I & E com 1 2% T. H., I. &E. pfd 9% 16 U. T. of Ind. com 1 U T of Ind Ist pfd 5 8 U. T. of Ind. 2d pfd 2 Advance-Rumely Cos. com Advance-Rumley Cos pfd.... 39 American Central Life 235 American Creosotlng Cos. pfd 97 ... Belt Railroad, com 105 115 Belt Railroad pfd 50 52% 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 99% ... Home Brewing 51 ... Indiana Hotel com 80 Indiana Hotel pfd 99 Indiana National Life 4% ... Indiana Title Guaranty 64 72 Indiana Pipe Line 94 Indpls Abattoir pfd 48 52 Indianapolis Gas 50 56 Indpls. Tel. Cos. c0m........ - 2 Indpls. Tel. Cos. pfd 75 Mer. Pnb. Util. Cos. pfd 44 46 National Motor Cos 24 26% National Underwriters Cos Public Savings 2% ... Rauh FertUlizer pfd 50 Standard Oil Cos. of Ind 740 Sterling Fice Insurance.... 8% 9% Stutz Motor Cos Van Camp Hardware pfd.... 99 ... Van Camp Packing pfd 100 ... Van Camp Prod. Ist pfd.... 100 Van Camp Prcd. 2d pfd.... 99 Vandaiia Coal com 5 Vandalia Coal pfd 9 Wabash Railway com 8 Wabash Railway pfd 22% ...
BONDS. Broad Ripple 5s 52 Citizens St. Ry. 5s 79 85 Ind Coke A Gas Cos 6s 90 Ind. Creek Coal & Min. 65... 98 Ind. Northern 5s Indiana Union Traction 5s Indpls, Col. & South. 55.... 88 Indpls A Greenfield 5s 92 100 Indpls. A Martinsville 55.... 57 Indpls A North 5s 37% 41 Indpls. A Northwestern 5s 60 Indpls. & Southeast. 5s 44 Indpls, Shelby. & S. E. 5s 85 Indpls. Street Ry. 4s 60 68 Indpls Trac & Ter 5s 65% ... Kokomo, M. & W. 5s 83 85 T. H, I. & E. 5s Union Trac. of Ind. 5s 66 Citizens Gas 5s 7S 82 Indiana Hotel Cos. 2d 6s 99 101 Indianapolis Gas Cos 73% 81 Ind. L. A H. -5s 79 84 Indianapolis Water 5s 89 93 Indianapolis Water 4%s 72 78 M H. A L. ref. 5s 90 94 New Telephone Ist 6s 95 ... New Telephone 2d 5s 99 New Tel. Long Dlst. 5s 94 South. Ind. Power 6a 91 BANKS AND TRIST COMPANIES. Aetna Trust 100 Bankers Trust 118 City Trust 82 Commercial National ... Continental National 111% ... •Farmers Trust 200 Fidelity Trust..... 120 Fletcher American National. 257 Fletcher Sav. A Trust C 0.... 168 Indiana National 290 Indiana Trust 206 216 Live Stock Exchange 382 Merchants National 263 ... National City 115 118% People’s State 176 ... Security Trust 119 State Savings A Trust 90 Union Trust Cos 268 ... Wash. Bank A Trust C 0.... 133% ... •Ex dividend. LIBERTY BONDS. Liberty 3%s 93.18 93.48 Liberty first 4s 89.70 90.00 Liberty second 4s 86.00 86.00 Liberty first 4%s 89.60 89.90 Liberty second 4%s 86.22 86.52 Liberty third 4%s 91.20 91.50 Liberty fourth 4%s 86.24 86.54 Victory 3%s 96.10 96.40 Victory 4%s 96.10 96.40 SALES. 40 shares Cltz Gas prior to 1917 35 Local Bank Clearings Tuesday $2,596,000 Same day last year 2,186,000 Increase over last year $ 410,000
* On Commission Row Oyster plant received and selling at 40c dozen. Fresh receipts of outdoor rhubarb arrived. Dealers quoted it unchanged at 40c dozen. Rain has hit receipts of local early green stuff. Dealers say this is another blow along with the railroad situation. Dealers say they will hare to close shop before long unless fresh receipts arrive. Stocks are getting low and nothing of any consequence coming in. Prices are generally holding steady. Beans are %c pound htgter at B%c. Dealers say beans are now selling through jobbers around 8c pound. Some dealers with stocks purchased before the advance are quoting them at Sc.to their trade. TODAY’S PRICES. Carrots—Basket. 40 lbs.. 51.75; crop, dozen bunches, 40c; hamper, SOcii* $1.25. Bananas —Pound, BUjC. Beans—Michigan navy, in bags, per lb., 8c; pinto, 7*4c; llmas, 13%c. Beets—6s-lb. bags. *1.50. Cabbage—Pound, S'AtfMHc. Cauliflower—Orate, $2.?0@3. Celery—Florida, [email protected]; doz, $1.75. Cucumbers—Mothouse, Lin vis, doz, $3; box 2 doz. $5.75. Grapefruit—Extra fancy, Floridas, $3.7 @5. Honey—Comb, new, case* *f 24 caps, $7.75; extracted. 60-lb. tins. 22c; South American, dark extracted, 16c lb Lemons- -California*. standard box, [email protected]. Lettuce—Leaf, lb, 18@20c; Iceberg, crate, 4 doz, 39. Nuts—Filberts, pound, 20@32c; English walnuts, 37@40c; chestnuts. 35c; pecans, 30c, 50c, 70c; Brazils, 2bc; almond, 33@ 36c; shellback hickory. 10c. Oranges—California navel, box, $4.50 @8.50. Onions—lndiana red and yellows, cwt, $5.50; western yellow, $6.50; Spanish Imported, 40-lb basket, $3; home-growi green, 20@25c doz bunches. Onion Sets —Yellow, bu, $3.25; white and red, $4. Potatoes—Northern whites, cwt, SS. Potatoes Tteeu, rted River Ohio, cwt $8; Early Rose, $7.50, eastern cobblers, ?S;-Slx Weeks Triumphs. $6.50 Sage—Faucy. Uo* fiihSpinach—Texas, bu. $1.50fi2. Strawberries—Case, 24 pint boxes, $3.50 @4.50. Sweet Potatoes— Eastern Jereey, bu, [email protected]; Nancy Hall*, [email protected]. Tomatoes—Crates, 6 baskets, $0.50; bA#t. SI.TO.
WASHOUT HITS MARKET ON HOGS Butcher Cattle Steady, With Calves Off sl. RANGE OF HOG FRICKS. Good Good • Good April Mixed. Heavy. Light. 14.116.25 $15.00 [email protected] 15. 17.00 [email protected] [email protected] 16. Nq market. 17. 16.'0 16.75@1 *.OO 19. 17.25 17-50 20. [email protected] 16.50 [email protected] The lighter grade steers and heifers are still active and bringing fully steady prices. If anything shade higher. At this time of the year It Is said butchers want the lighter weight stuff and a good outlet for this grad® % P re " dieted for some time. Calves. Receipts, 550: market $1 lower. Buyers were again unwilling to pay top 'prices for calves, and with outlet blocked for eastern shipments bj reason of the railroad situation, local packers had the market practically to themThe calf market Is an in and out proposition from day to day, with the shipper up against a gamble as to whether or not his shipment will reach the market on a good or an off day. Today It was the washout that stopped all eastern shipments. Tomorrow It may be that the railroads are open and everybody will want calves, which will mean stronger prices. Until the transportation aituation clears up the calf market is a pure game of chance. Choice veals sold at sl6.oo@l<; good, $14010; medium, $12014, and the lights, s9Oll.
Sheep. Receipts, 50; market, steady. Most of the sheep that came in were soaking wet and in some cases salesmen hold them over rather than accept the usual concession in price buyers get. Some wet sheep brought 4c and some native lambs, 15c. These prices might look some lower, but quality considered salesmen say market is about steady. Receipts. 4,000; market opened steady: closed lower. Bridge out on the Pennsylvania lines at CbariottsvlUe, Ind., blocked shipments east and proved a severe stumbling block to a hog market that got off to a flying start. Order buyers for eastern accounts were in the market at the opening and about 3,000 hogs were sold at $17.50. on a basis with Monday's prices. As soon as it became known that shipments east were in peril of being held over, order men withdrew, leaving the market in the hands of local packers who contended that $17.50 was entirely too high a price and promptly bid $1(, or 50c lower. Salesmen considered 50c oo much of a drop and locked up their hogs for the dav, with the exception of a : few that cleared at $17.25. Pigs sold early at $1 ‘>o down with a few strong weights at sl7. but very few. This was considered 50c lower on the day for pigs. Sows sold at $13.25. down, or steady with Monday. About 1,000 hogs Were carried over unsold. Cattle. Receipts, 800: market, butcher stuff, steady; heavy steers, weak All grades of butcher cattle were considered fully steady and In good demand. but the railroad situation Is still working against the heavy steers, whlcn local packers do not seem to want. One string of twenty-six steers weighing 1,312 pounds sold at sl3, out they were plain Kentucky cattle and cin not be taken as a criterion for the market on good corn fed prime stuff of the same weight.
HOGS. Best light hogs sl7 25*017.50 Best mixed 17.00® 17.25 Bulk of sows 13.00013.50 Bpst pics, under 140 lbs 16.00016.50 Bulk of good bogs [email protected] CATTLE. —Steers— Prime cornfed steers, 1,300 lba and up 13.50015.00 Good to choice steers, 1,300 'bs and up 12.75® 14.00 Good to choice steers, 960 to 1,200 lbs [email protected] Common to medium steers, 1,100 and 1,200 lbs [email protected] Common to medium steers, 900 to 1,000 lbs 9.50® 11 00 Good to choice yearlings.... 13.00® 15.00 —Bulls and Calvee— Good to choice butcher bulls. 9.50®in.00 Bologna bulls B.<n)@ 9.00 Light common hulls 7.t*>@ 8.00 Choice veals 10.50(017.0!) Good reals 14.00® 16.00 Medium veals 12.00® 14.00 Lightweight veals 9.00011.00 —Stockers and Feeding CattleGood to choice steers, 800 lbs and up 10.00ai1.00 Common to fair steers, 800 lbs and up 9.00® 9.50 Good to cholco steers, under 600 lbs 9.50010.00 Common to fair steers, under 800 lbs B.oo® 9.25 Medium to good cows 6.25® 7.25 Medium to good heifers 7.00® 7.50 Fair to best milkers 75 000125,00 Stock calves. 250 to 450 lbs.. 7.00011.00 —Heifers and Cows — Good to choice heifers 12.00(014.00 Fair to common heifers 10 00® li.Oq Common to light heifers.... 8,50010.00 Good to choice cows [email protected] Fair to medium cow 8 000 9.00 Canners 5.00® 5.50 Cutters 6.500 5.50 SHEEP AND LAMBS. Good to choice sheep 6.50010.00 Common to medium sheep... 5.00@ s.OO Good to choice iambs [email protected] Common to medium yearlings [email protected] Western fed iambs 18.00(318.50 Good to choice lambs 18 00(320.00 Common to medium lambs... [email protected] Bucks, per 100 lbs 7.00@ 8.00
Other Live Stock f CINCINNATI, April 20.—Hogs—Receipts, 2,900; market, slow, henvy, $15.50 @l7; mixed, $17.50; medium, $17.75; light, $17.75; pigs, sls; roughs, $12.50; stags, $9. Cuttle—Receipts, 600: market, strong: bulls, strong, calves, $lB. Sheep —Receipts, 25; market, strong. PITTSBURG, April 20.—Although there were light receipts of live stock here today no quotations were announced because of the railroad strike. CLEVELAND. April 20.—Hogs-Re-ceipts, 1.000; market, 50c lower; Yorkers, $17.25; mixed, $17.25; mediums, sl6; pigs, $1?; roughs. $13.75; stags, $lO. CattleReceipts, 150; market, steady. Sheep and lambs—Receipts, 500; market, steady, top, sl9. Calves —Receipts, 300; market, steady; top, sl9. EAST ST. LOUIS. April 20.—CattleReceipts, 4,500, including southerns; market, prospects steady. Hogs—Receipts, 12,000; market, 26@50c lower; mixed and butchers, $15.25(2 16.40; good heavies, [email protected]; rough heavies, sll@ 12; light. $16@16 40; pigs, $13.50® 10. bulk of sales, [email protected]. Sheep—Receipts, 500; market, steady. CHICAGO, April 20.—Hogs—Receipts, 29,000; market, 25@35c lower; bulk, [email protected]; butchers, [email protected]; packers. $13(1111; light, f 15.40<f 18.50; pigs, $14@15?75; roughs, [email protected]. Cattle—Receipts, 20,000; market, 250 lower; beeves, $10@15; butchers, s7@ 13.75; canners and cutters, $4.25(68.25; stockers and feeders, [email protected]; cows, $7(613.75: calves, $14(6.16. Sheep—Receipts, 1,500; market. 25c higher; lambs, $17.50@19; ewes, $10613.50. EAST BUFFALO, N. Y.. April 20 —Cattle— Receipts, 675; market slow and steady; shipping steers, [email protected]; butcher grades, $9(613.50; cows, ss@ll. Milcn cows— Receipts, *l, ooo; market "active to $1.50 lower; culls to choice, SO® 21. Sheep and lambs—Receipts, 4 000; market active to 50c lower; wool lambs, 513®23; choice lambs, $20@21; yearlings, $16(217.50; sheep, $6(615. Hogs—Receipts, 2.000; market active and firm; yorkers, sl9; pigs, sl9; mixed, $18@19; heavies, [email protected]; roughs, $13@14; stags, s9@lo. CHICAGO PRODUCE. CHICAGO, April- 20.—Butter—Receipts, 12,252 tubs; creamery extra, 04c; standard, 64c; firsts, 57@62c; seconds, 46® 52c; packing stock, 36@39%c. Eggs—Receipts, 97,248 cases; miscellaneous, 38®40c. ordinary firsts, 37@3Sc; firsts, 40%@41%c; extras, storage, 45c; checks, 34@34Mjc; dirties, 34@36c. Cheese—Twins, new, 28 @2B%c; dailes,_3o%@3lc; young Americas, 31@31%c; longhorns, 30Mtc; brick, 29c. Live poultry—Turkeys, 35c. chickens, 37c: springers, 37c; roosters, 23c; geese, 22c; dicks, 38c. Potatoe*—TecelptsJs7 cars; Minneiota, Dakota, Ohio, $7.50 Jfer 100 lb*.
INDIANA DAILY TIMES, TUESDAY, APRIL 20,1920.
GRAINS RALLY IN LAST HOUR Bears Driven to Cover After Ruling Market From Start. CHICAGO, April 20.—Deeplte general reports of bad roads and bad weather grain futures on the Chicago board of trade were lower today. There was no response when bears began to press the market more rigorously than they have lately. Provisions fell 'With the grains^ May corn opened %c down at $1.71, but strengthened during the forenoon and advanced %c. July corn, up %c on opening at $1.66%, lost that fraction later. September corn opened at $1.61%, down %c and dropped %c further thereafter. May oats, after opening %c up at 97%c, lost')the same fraction. July oats opened at 89%c, up %c, and thereafter lost %e. Sharp upturn# following early breaks on reports of Argentina placing an embargo- on wheat and Canada chartering room for 4,500,000 bushels oats, carried May corn and oats to new high levels on the crop Just before the close of the Board of Trade today. The close was close to the top and. well above yesterday's finish for all deliveries of .corn and oats. Provisions opened lower and were weak early on liquidation, but were stronger at the close.
CHICAGO GRAIN. —April 20CORN—Open. High. Low. Close. May. 1.71 1.73% 1.70% 1.72% U% 1.70% 1.73% July 1.66 1.67% 1.64% 1.66% t % 1.66% 1.06% Sept. 1.61% 1.62% 1.00 1.61% t % 1.61 1.01% OATS— May. 97% 98 96% 97% t % 97 % 97% July 89 s 90 SS% 90 tl 89% 85174 Sept. 77% 78% 76% 78% t % 77% PORK— May. 36.75 37.80 36.75 36.80 • .80 July 37.90 37.90 37.60 37.75 • .40 LARD— May. 20.00 20.02 19.50 19.80 * .45 July 20.90 20.90 20.90 20.57 * .43 Sept. 21.65 21.05 21.10 21.35 * .40 21.55 RIBS— May. 18.27 18.37 18.90 18.37 July 19.00 19.05 18 SO 19 (H) • .13 Sept. 10.47 19.00 19.35 19.60 * .12 •Decrease, tlncrease over yesterday's close. CHICAGO CASH. CHICAGO, April 20.—Wheat—No. 2 hard winter, $2.82. Corn —No. 2 white, $1.73%® 1.74; No. 2 yellow. $175%; No. 5 mixed, $1.71; No. 3 white, $1.7201.72%; No. 3 yellow. $1.71%01.73; No. 4 mixed, $1.6901.70; No. 4 white, $1.60%; No. 4 yellow, $1.6901.70%. Oats No. 2 white. $1.04; No. 3 white, §1.0301.04; No. 4 white, $1.04%. TOLEDO CLOSE. TOLEDO, 0., April 20.—Corn—No. 3 yellow, $1.75. Okts—No. 2 white. sl.ll® 1.12. Rye—Cash. No. 2. $2 04. Rarley— No. 2 cash. $176. Alsike —Cash and April, $27. Clover seed—Cash and April. $25.50; October, $22.80 December. $22. Thnothv—l9l7 and 1918 caah, $3.25; 1919 cash, $5.50; April, $5.50; March. $5.45; September, $5 85; October. $5 60; December, $5.65; butter, 73c. Eggs—44c. Hay —s42.
PRIMARY MARKETS. —April 20— (Thomson Z McKinnon.) Receipts— Wheat. Corn. Osts. Chicago 15.000 109.000 106,000 Milwaukee .. 3,000 1.i.0u0 29,00*J .Minneapolis.. 163.000 16,C* 26,000 Duluth 76,000 * 2,000 St. Louis 10,000 34,000 30,000 Toledo 1,000 5,000 8,000 Kansas City. 31.000 9,non II.O* Peoria 8,000 8,000 J 1,000 Omaha 90.000 96.000 114,0(X) Indianapolis.. 3,000 49,000 38,000 Totals 402,000 428,000 368/100 Year ago... 317,000 624,000 563,000 —Shipments— Wheat. Corn. Oats. Chicago KG.OtiO 2,000 16,000 Milwaukee .. 103.000 28,000 61,000 Minneapolis... 3.000 Kt Louis 1.000 2,000 27.000 Toledo 15,000 2.000 Kansas City. 90,000 3,000 Peoria 1.000 3,000 18,000 Omaha 89,000 49,000 46.000 Indianapolis.. 9.000 4.000 B.OUO Totals 408,000 91.000 177,000 Year ago... 464,000 258,000 406,000 —Clearsnces— Pom. W. Corn. Oats. New York.... 47,000 ...... ...... Philadelphia.. 40.000 Totals .... 87.000 Year ago... 373,000 35,000 INDIANAPOLIS CASH GRAIN. —April 20Corn—No sales. Oafs Steady; No. 2 white, $1.10%; No 3 white, $109%; No. 4 white, $1.09% Hay—Strong; No. 1 timothy, l.'tO® 39.50;; No. 2 timothy, $38038.50; light clover mixed, S3BO 38.50; No. 1 clover mixed, $37.50038. —lnspections Com—No. 3 v. hltr. 3 cars: No. 4 yellow, 2 cars; No. 3 mixed, 1 car; total, 6 cars. Oats—No. 2 while, 7 cars; No. 2 mixed, 1 car; total, 8 ears. * Hay—No. 2 timothy, 1 car; No. 3 timothy, 1 car; No. 1 clover mixed, 3 cars; no grade, 1 car; total, 6 cars.
WAGON MARKET. The following are the Indianapolis prices of hay and grain by the wagon i load: Hay—Loose timothy, $3303,5 a ton; j mixed, s32<jg33; clover, s.(3ft£3s. Corn—sl [email protected] bushel. Oats —$1(81.05 a bushel. Straw—Wheat, SBO9 ton; oats, $14(815. WAGON WHEAT PRICES. Indianapolis elevator* and mill* are paying $2.70 for No. 1 wheat, $2.67 for 1 No. 2 and $2.64 for No. 3. All other grades according to quality. Foreign Exchange Steady at Opening NEW YORK, April 20.—Foreign ex- I change opened steady. Demand sterling | was off % at 3.94%. Franc checks, 15.80, up 27; mairka demand, .0165 and Canadian dollars .9150. WHOLESALE PRODUCE. Wholesalers are paying the following prleea in Indianapolis for eggs, poultry and packing stock butter: Eggs—Fresh, 30c doz. Poultry—Fowls, 35c; broilers, 1% to 2 lbs. 50c; cocks, 18c: old tom turkeys. 32c; young tom turkeys, 12 lbs and up, 38c; young hen turkeys, 8 lbs and up, 38c; 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 *tock, 35c lb; I fresh creamery butter, In prints, is selling at wholesale at 67c; in tubs, 66c. Butter Fat—lndianapolis buyers ars paying 68c. Cheese —(wholesale selling prices)— Brick, r 29030 c lb; New York cream. 33c; Wisconsin full cream, 34® 35c; longhorns. 34035 c; limburgger. 38c.
BuvrKeeos ® * The investor who buy* for keeps, ® * I rather than try to out-guess the mar- 0 Iket, is the man who makes money on listed stocks and bonds in the I long run. The Kriebel Plan of buying for I keeps is proving profitable to Targe I numbers of investors. It enables you to control five times S the volume that would be possible ■ on a cash basis, yet you are not I subject to margin calls, because it is H an outright purchase. You get aU dividends while pay- I ing, and your money becomes pro- I ductive as earned, without waiting | for a large ium to accumulate. Send for full information, and also ask for our vest pocket dictionary of I Financial Terms. Every investor j should have it. Address Dept. 1. M
the BASEMENT STORE mMmwwMW NEW — On Sale Tomorrow for the First Time Women 9 s and Misses ’ ' JmW The most favored material ALL WOOL TRICOTINE —the best color—NAVY BLUE Suits like these earlier in the season would j - 'MM have retailed for $45, SSO and $55 A// wool navy blue tricotine suits of such |j jslj£ quality would have created a sensa.4 £§ We came to a maker whose stock was fmmm top-heavy. To his proposal that we take a thousand suits at a big discount—we m made a counter-proposal—that we’d pay a bit higher price for a lesser quantity JgPwxMlf but reserve the privilege of taking exactly what we wanted. Naturally we / j selected those in the very forefront of f We looked to the linings—the wm \j suits we chose were lined Wi throughout with HEAVY SILK. § We’re turning these suits _ . . , ~ B over to patrons at just a The models are those hat have the I slight advance over what call-showing clever pockets--new tai- m we paid—-as another man- lor styies— new naied UL ifestation of the Basement bouffant effects. Store’s value supremacy. h just 230 suits f Frtm Snspsnponlp —thats all that came in on tricotine suits and LXITCL oClLLSpeOpie up to our exacting spec- suits 0 f fine French Extra Space ifications. serges. 0., j. ~ . . Since navy blue is the Suits- for the miss, sizes Price favored color—we chose 14, 16, 18, 20. . navy blue in the most Suits for women, sizes wanted shades. 36 to 46. *
Domestics PLAID GINGHAMS, WHITE OUTING 32 inches wide, large FLANNEL, 25 inches variety of newest color- wide, soft and fluffy; ings and pat- APi n suitable for children’s terns, special. . Z ±OC and infants’ wear (no phone orders), O r\ ~ special, yard.. dLJ %sKj NAINSOOK, yard wide, perfect bleach, for infants’ dresses, BED SHEETS, 81x90 underwear, etc.o Op inches, bleached, special, yard.. UUb seamless, QOR each UNBL E A C II E D- - MUSLIN, yard wide, for sheets, TABLE OILCLOTH, bolsters and pillow- 45 inches wide, white or cases; special, O 0/n> fancy patterns, PIT Or* yard yard OV/O
THE Wm. H. BLOCK CO.
Mens Furnishings MEN’S SHIRTS, sizes 14, 14% and 16%, of fine percales, soft tumbackQ ~ cuffs attached; special .Z/ O NIGHTSHIRTS FOR MEN, sizes 15 to 18, of fine muslin, V neck, cut large, well made; worth on today’s market $1.50 (limit 2 to a QfTHOSE FOR MEN, fully reinforced, 1 Or*
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