Indianapolis Times, Volume 33, Number 1, Indianapolis, Marion County, 12 May 1920 — Page 10
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FINANCI^ TOo CAN BORROW MONEY SO CHEAP nd on such easy terms of repayment from the Fidelity Loan Company, a liand bonded firm, for use in paying overcfje bills or to buy tbe things you heed for CASH at BARGAIN PRICKS that every one should take advantage oI our service, LOANS ON FURNITURE $20.00 to $300.00 • t legal rates, on short notice and without publicity. We give you all the time you want to repay a loan and only charge for the actual time you have the money. Fair, Isn't it? You Can Afford to Borrow On $ 40 pay $2 a month and Interest On $ 60 pay $3 a month and interest On SIOO pay $5 a month and interest PAY MORE ANY TIME AND REDUCE THE COST IN YOUR BEHALF We are on the Job eight hours a day. and through personal contact and personal •ervice, plus a deep personal interest, we fan serve you and your friends as you Wish to be served. In these unusual times, business friendships, close relations, mutual understandings and co-operation are veal assets to all of us. We are leady to •to three-fourths of the way. Now it la in to you. FIDELITY LOAN CO. 106 E. Market St. Room 532 Lemcko Bldg. *ain 1278. Auto. 27-782. as.MONEY uS sloo===S2oo*==s3oo Investigate our essy-to-pay Twenty-Payment Plan Loans Get S3O, pay back $2.30 a month. ** SIOO. ” ” *5.00 ” With interest at per month. I'ay only for the actual time loan runs. Ali business confidential. We Loan on Furniture. Pianos. Vietrolas, I.ive Ptocs, Automobiles, etc., without removal. ALSO ON DIAMONDS, ETC. Call, phone or write fKDIAMA CiLLOTEKL mm 01. (Bonded Lenders; ESTABLISHED 1887. 201 Lombard Bldg.. 24% EAST WASHINGTON ST Phone Main 32SC. Auto. 25-756. WE ARE PRE PA R~E D TO~M AKE REA! ESTATE LOANS PROMPTLY. WB PURCHASE REALTY CONTRACTS MORTGAGES. BONDS AND STOCKS LISTED AND UNLISTED. INDIANAPOLIS SECURITIES CO. FRANK K SAWYER. Tres. *O6-309 LAW BLDG. ASSETS 6343.749 Second Mortgage Real estate loans made on good farm* and improved city properties. GIBRALTER FINANCE COMPANY. 108 N. Dataware street. Main 1618. WXMAKE second mortgages on farm or city property. AETNA MTG. AND INV. CO. Main 7101. 60S Fidelity Trust Bldg. JOSEPH H. PATTISON. 1007 Law Bldg. Loans on real estate made promptly. INSURANCE in a!! branchesT AUBP.EV D. PORTER. 916 Law bldg Main 7049. LOANS ON DIAMONDS; 3%<~ 0 per month. BURTON JEWELRY CO.. 53 Monument. Spokes Six Extra-Inning Games Gives Dodgers Right to All Long-Winded Titles NEW YORK. May 12.—Unde Wilbert Robinson. the Baltimore butcher and the boss of the Brooklyn basebnllers. has the long distance kings of tbe majors. The tendency of the Robins to go any distance after a ball game has made them the prize marathoners of the year and has run them into two world's records. With the help of the Braves they set anew distance mark of twenty-sis innings and they also hung up anew record of sixty-seven innings In four days. Forty-three <*xtra Inning games so far In the two big leagues have given the f=s a generous allotment* of bargain bills. Brooklyn has engaged in six extra inning games this year for a total of ninety innings. The St. Louis Cards have also gone through six long-time sessions, but oniy Tor sixty-four .innings. The Cubs and Braves have played In a quartet; the White Sox, Pirates. Red Sox and the Athletics have engaged in three, the Tigers, the Reds and the Phils In two each and Washington, the Yanks, Cleveland and tbe Giants in one each.
Believes in Speeding, but Not on Public Highways •Look out there:” shouted Howdy Wilcox, winner of last year's 600-mile race and who will drive a Peugeot In the dash for $50,000 at the Indianapolis Kotor Speedway, Monday, May 31, as i Jumped when an auto driver uncori caniedly urged his mount to within bait an Inch of the curbing at a downtown •treat crossing yesterday. To think that an auto race driver who ta Used to taking corves at a mile-a-mln-nte clip would even notice one of the numerous “near accidents" that happen every day is interesting. Here's what Howdy says: “There's no excuse for driving like that Fellows that take those chances should be arrested. Not only because they are endangering their own life and limb, but numerous pedestrians are Uable to be seriously injured. It’s different on a race course—a driver knows, or should know, the chance he takes, but on public highways every precaution should be taken. I’m for careful driving.” Clear Up Cards’ Debt ST. LOUIS. May 12.—Issuance of SIOO,000 additional capital stock was authorised at a meeting of stockholders of the St Louis Nationals today. The stockholders agreed to purchase the issue. Out of this sum it was voted to pay the $75,000 indebtedness on the club, due Thursday. This will pay up in full the purchase price of $350,000 agreed on In 1917. SUGAR INQUIRY TO BRING ARREST (Continued From rage One.) over the same car load of sugar in which ho accused the mayor of Logansport. the Ruch-Drumpp Company and various others with profiteering. This matter was taken up with the district attorney and an investigation ensued. It was said that Mr. Wyckoff's premature publicity had made impossible the consummation of the deal, as it was canceled the next day by all parties concerned AFFIDAVIT BASED ON ALLEOED LATER DEAL. However, a few days later, a representative of the Extension Sales Company went to Logansport and purebasea the sugar at cents per pound, and it is on this sale that the affidavit filed today was based. The department of justice today received a telegram from Attorney General Palmer, bearing Instructions that the only margin of profit recognised by the department is one cent a pound on sugar for wholesalers and two cents for retailers. Mr. Wyckoff, who resigned bis position as fair price commissioner for Indiana shortly after his charges against the Logansport people, is now in Washington, whither he was called, he said, by government officials who are endeavoring to haVe him recall the resignation. Mr. Wyckoff, it is said, may yet deride to continue as the price fixer of the Hoosier state. The resignation of May 10 was not the first effort Mr. Wyckoff made to sever his connections with th 4 governBtcnC
RAIN INTERFERES IN TEMPLAR PLAN Introduction of Guests Features Day’s Session. The introduction of five distinguished guests to the approximately 1,900 Knights Templar of Indiana attending the sixty-sixth annual conclave of the grand commandery of the Knights Templar of Indiana, was one of the principal events of today’s session. The distinguished guests are high ledge officials of the order and impressive services are used in introducing the guests. Heading the list of the guests is Joseph Kyie Orr of Atlanta. Ga., grand master of the grand encampment of the Knights Templar of the United States. Next In order of rank is L. P. Newby of Knightstown. Ind., grand generalissimo of the grand encampment. Others present are William B. Mellsh of Cincinnati, post grandmaster of the grand encampment; James McCrede, Aurora, 111., past grand commander of the grand commandery of Illinois, and Judge Jacob H. Broroiwell of Cincinnati, grand commander of the grand commandery of Ohio. RAIN INTERFERES WITH PLANS. The rain interfered with some of the plans of the day, but it is hoped that conditions will permit a grand parade of all commanderies of Indiana later In the afternoon. A theater party was given this morning to wives of the knights and following this a luncheon was given at noon in their honor at the Masonic temple. A buffffet luncheon was scheduled to precede exemplification of the Order of Temple, which will begin at 6:15 p. ru. today. TEMPLE ORDER CEREMONY TEAM. The Temple Order team, which will have part in this ceremony, consists of the following; Ivory C. Tolle, Lebanon No. 43. commander; Charles O. Grafton, Muncle No. 18. generalissimo; Edward J. Scoonover, Raper No. 1, captain general; Will M. Sparks. Rusbville No. 49, prelate; Lewis M. Morris. Frankfort No. 29. senior warden; Arthur Rogers, Washington No. 33. Junior warden; John G. Grimm, South Bend No. 13, warden; Horace M. Johnson, Newcastle No. 44, first guard; Walter M. Hindman. Vincennes No. 20, second guard; Conrad J. Herber. Terre Haute No. 16, third guard. At 9:15 p. m. a reception will be given by the officers of the grand commandery in the parlors of Murat temple, followed by a dance. The conclave will close tomorrow morning with a session beginning at 9 o’clock. ELECTED HEAD OF HOMEOPATHS Dr. C. E. C’anaday of Newcastle Given State Honor. Dr. 4*. E. CanadaY, Newcastle, today was named president of ihe Indiana institute of Homeopathy, bolding ita fiftyfourth annual convention at the Claypool hotel. Other officers elected were: Dr. Oscar Jones. Indianapolis, first vice president: Dr. O. E. Lowe, Indianapolis, second vice president; Dr. John B. Talmage, Cra'wtfordsville, secretary, and Dr. J. S. Siabaugh, Nappannee, treasurer. The board of censors, composed of Drs. Sollis Runnells, Indianapolis;' H. D. | Dean, Rusbville; W. B. Steward, Indlani apolis. C. A. Baldwin, Peru, and Oscar j Jones, was re elected. DISCUSSES LABORATORY AND PRACTITIONER. Dr. Jobn D. Coons of Lebanon this afternoon discussed "Tbe Laboratory and the General Practitioner.'' "Some Recent Ideas in Obstetrics' was the subject of an address by Dr. S'-ott Runnels of Ann Arbor, Mich. Dr. Goethe Link of Indianapolis spoke this morning on "Thyroid Diseases and Its Surgical Treatment." and Dr. Guy M Cushing of Chicago talked on "Acute Perforating of the Stomach." Dr. John N. Taylor of Crawfordsvtlle gave an address this morning on the subject. “Other Aspects of tbe Recent Epidemic of Influenza." ADDRESSES MARK CLOSING SESSION. Following the election of officers, the session was closed this afternoon with addresses given by Dr. Samuel Harrell of Noblesvllle, Dr. Dean W. Myers of Ann Arbor. Mich.; Dr. C. A. Baldwin of Peru and Dr. W. E. George of Indianapolis. Rev. Charles W. Winders, executive secretary of the Indianapolis Church Federation, spoke at the meeting last night, his subject being ‘'Co-operation. ’’ Dr. C. E. Sawyer of Marion. 0., talked on "The Course Ahead,’’ urging the homeopaths to continue their work of healing the aliments of the world.
Capital Increase and Higher Rates Asked Petitions to increase its capital stock from $1,025 to $16,800 and also to Increase the rates were filed today by the Atlanta Telephone Company of Atlanta, Hamilton county, with the public service commission. A certificate was fil'd with the secretary of state by the telephone company several months ago for the increased capital stock, but the company failed to consult the public service commission, as required by law. The city of Logansport asked permission of the commissioners to sell $150,000 of bonds and apply the proceeds to a municipal electric plant. The Madison Telephone Company of Madison requested the commission to authorize increased rates. WEATHER AT 7 A. M. TODAT. Station. Bar. Temp. Weather. Indianapolis 29.94 SO Rain Atlanta, Ga .70.04 fit Cloudy Amarillo, Tex 29.70 54 Clear Bismarck. N. D 30.22 48 Cloudy Boston. Mass 29.98 52 Clear Chicago. 11l 30.02 46 Cloudy Cincinnati. 0 29.94 52 Kaln Cleveland. 0 30.08 46 Cloudy Denver, Colo. 29.86 42 Cloudy Dodge City. Kas.. 29.70 52 Hear Helena. Mont 30.10 42 Rain Jacksonville. Fla... 20.10 72 Clear Kansas City. M 0... 29.08 66 Cloudy Louisville. ’Ky 29.90 66 Rain' Little Bock, Ark.. 29.82 62 Cloudy Los Angeles, Cal... 29.94 52 Clear Mobile, Ala 3000 72 PtCldy New Orleans, La... 29.94 74 Clear New Yord. N. Y..., 30.02 62 Clear Norfolk. Va 30.00 62 PtCldj Oklahoma City 29.64 68 Cloudy Omaha. Neb 29.72 50 Cloudy Philadelphia, Pa... 30.06 54 Rain Pittsburg. Pa 30 06 52 Cloudy Portland. Ore 30.12 46 Oear Roseburg. Ore 30.08 44 PtCldy San Antonio. Tex.. 29.74 74 Cloudy San Francisco. Cal. 29.98 48 Cloudy St. Louis. Mo 29.72 68 Cloudy St. Paul, Minn 30.11 44 Cloudy Tampa, Fla 30.06 74 Clear Washington, D. C.. 30.06 54 Cloudy WEATHER CONDITIONS, 7 A. M. The western disturbance is still centered in the middle plains states, and since Tuesday morning has caused considerable precipitation from the middle Rockies to the Alleghenies, and in the lower Mississippi valley, the rainfall being heavy at many places from lona to Indiana. The field of high pressure in central Canada has intensified somewhat and has forced colder weather southward over the north-central states to the lower Missouri and Ohio rivers. In other parts of the country the changes have nol been decided. J. H. ARMINGTON. Meteorologist. LOCAL HIDE MARKET. Green Hides—No. 1,18 c; No. 2,17 c. Green calves —No. 1,36 c: No. 2, 33(4c. Horsehldes—No. 1, lil: No. 2, $lO. Cured hides—No. 1. 21c. 20c.
HIGH CALL MONEY WEAKENS STOCKS Oils in Demand, but Steel Securities React. NEW YORK, May 12.—Industrial issues held attention of traders at the stock market opening today, most stocks in this class showing good gains over yesterday's close. The motors were neglected while steels and equipments stowed little change. United States Rubier. opened at 97, off %; Central Leather off %; Texas Company, 49, unchanged; Stndebaker, 7431, up %; Republic Steel. 98%, unchanged: Baldwin, 115, up %; Bethlehem B. 92%, up %; United States Steel, 94%, unchanged; Royal Dutch. 119, off % ; Mexican Petroleum, 181, up %; Pan-American. 301%, up %. After early hesitation buying orders appeared In the oils. Pan-American made an early high close to 103. Mexican Petroleum, at 182%, was up 6% points from Tuesday's low. Call money renewed at 8 per cent around noon. While this rate was not high in view of the fact that late borrowers on Tuesday were paying 11 per cent for funds, it served to cause further selling of stocks. Steel got down to 94, off nearly a point from the high. Oils held up comparatively well, particularly the Doheny issues. American Woolen fell nearly 5 points to 108. Stndebaker continued weak, dropping oxer 2 points to 72%. and Central Leather dropped 2 points to 69. Motor stocks were under pressure as tbe market w-ent into the afternoon, and even Chandler, which had held up comparatively well in the early dealings, finally gave way. General Motors acted better than either Chandler or Studebaker. The market showed an irregular tone during the afternoon, with the oil shares In demand. Pan-American Petroleum rose nearly 4 points from the low to 104% and Mexican Petroleum moved up nearly 6 points to 184%. Studebaker continued in supply, falling to 71%, a loss of over 4 points, while Chandler yielded 7% points to 132%. United States Steel common sold as low as 93% and then rose to 93%. while Baldwin rallied from 113% to 115%. The close was Irregular. Pan-American Petroleum, after moving up to 105, yielded to 103% and Mexican Petroleum dropped from 184% to 181. Steel common, nfter moving up from 93% to 93%, dropped back to 93% at the close. Republic Steel closed around its lowest at 92%. General Motors dropped 1 point to 27%. while Studebaker rallied over 1 point from the low to 71%. The railroad stocks were fractionally lower. Baldwl i was finally 115; Southern Pacific, 94; American Woolen. 108%; Ts. S. Rubber, 95, and Corn Products, 92%. Government bond* unchanged; railroad and other bonds steady. Total sales of stocks were 793,700 shares; bonds. $9.New York Liberty Bonds (By J. Wild A Cos > Closed. Closed Net Today. Yes'day Change Liberty 3%* ~ 91.94 91.94 Liberty Ist 4s. ... 85.60 s3.so *2O Liberty 2d 45... 85.06 85.18 *l2 Libertv Ist 4%5. 87.00 Sd.do t4O Liberty 2d 4%s 8520 85.20 Liberty 3d 4%*.. 88 98 89.00 *O2 Liberty 4th 45... 85.54 55.60 ’'Hi Victory 3%s ... 96.00 95.96 o 0 Victory 4%s 96.04 96.02 tO2 tDenotes increase; 'decrease compared with yesterday. MOTOR SECURITIES. (By Thomson A McKinnon. —Opening Bid. Ask. Briscoe ,v> ,\s Packard com 22 24 Packard pfd 99 94 Chevrolet 250 s*o Continental Motors com 10 10% Hupp font 17% 17% Ren Motor Car 23% 24 Elgin Motors 10 10% Grant Motors 9 10 FY>rd of Canada , 375 385 United Motors 40 tSS National Motor* 15 17 Federal Truck 31 33 Paige Motors S3 35 Republic Truck 40 42 ACTIVE OIL STOCKS. (By Thomson A McKinnon.) Opening— Bid. Ask. Anglo-American Oil 22% 23% Atlantic Refining 1150 1200 Borne-Scrvmser 450 475 Buckeye Pipe Line . 90 92 Oh ■sebrough Mfg. Con 225 235 Oosden Oil and Gas 7% 7% Crescent Pipe Line 30 32 Cumberland Pipe Line 130 140 Elk Basin Pete 8% 8% Eureka Pipe Line 103 110 Illinois Pipe Line 155 165 Indiana Pipe Line 90 92 Merritt Oil 18% 17% Midwest Oil 1% 2 Midwest Refining 143 148 National Transit 28 30 New York Transit 160 165 Northern Pipe Line 94 98 Ohio Oil 322 227 Fenn.-Mex 44 48 Prairie Oil and Gas 565 585 Prairie Pipe Line 195 200 Sapulpa Refining S 5% Solar Refining 380 4no Southern Pipe Line 120 125 South Penn. Oil 290 295 Southwest Penn. Pipe Lines. 65 70 Standard Oil Cos. of Cal 320 325 Stindard Oil Cos. of Ind 67" 690 Standard Oil Cos. of Kas.... 670 590 Standard Oil Cos. of Ky 385 895 Standard Oil Cos. of Neb 480 600 Standard OH Cos. of N. Y 404 4ns Standard OH Cos. of Ohio 450 490 Swan A Finch 90 95 Union Tank Line 108 112 Vacuum Oil 266 375 Washington OH 27 33
CHICAGO STOCKS. —May 12— (By Thomson & McKinnon’s Wire.) Open Close Carbide and Carbon Cudahy Packing Cos 89 7 (, 90 I.lbby 23Ti 23% Hears-Roebuck 217 216 Stewart-Warner 42% 41(4 Swift & Cos 112t* lll'Z Swift International M% 86 Armour pfd 96L 96 I Nat. Leather 12(4 12 Montgomery Ward 32(4 33 Hupp 17(4 17(4 Foreign Exchange Generally Steady NEW YORK, May 12.—While foreign exchange was generally stehdy at the opening today, demand sterling registered a quarter cent loss at $3.83(4. I Franc checks at 14.82 were up 25 cen times: lire checks at 19.62. up 5; marks ; demand, .0200; cables, 0202; Canadian dollars, .9080. Demand sterling closed at $3.83(4; 1 francs demand, 15.12; cables, 15.10; lire demand, 19.87: cables, 19.85; marks demand, .02; cables, .0202; Canadian dollars, .9025. Today’s Market Gossip (By Thomson & McKinnon's Wire.) PARlS—Agricultural experts believe the wheat harvest of France will come close to meeting the nation's full requirements. CHICAGO—The railroads are showing a disposition to give preferential shipments to western grain, which should increase receipts. CINCINNATI —~The~ Price Current says: “Crop prospects have improved in many sections of the big producing states. Several days of sunshine started oats aid wheat and other grains to growing rapidly. WASHINGTON—The federal reserve board will hold a conference with tho federal advisory board council here May' 17 and one with class “A” directors May i 18. General banking conditions will be discussed. CLEVELAND—The Iron Age sa.vs: “Seldom, if ever, have Iron "and steel consumers so generally suffered from the \ack of material as at present. It is Estimated that 1,000-,000 tons finished steel IA loaded on car* not being moved and stired in work*-and mill yards/'
INDIANA DAILY TIMES, WEDNESDAY, MAY 12, 1920.
Local Stock Exchange STOCKS. Bid. Ask. Ind. Ry. & Light com 55 Ind. Ry. A Light pfd 95 lnrlpls. & Northwstern pfd 75 Indplß. A Southeastern pfd. ... 75 Indpls. St. Rwy 60% 63 T. IL, T. A Light pfd 95 T. H., I. A E. com 2% T. H„ I. A E. pfd 13 U. T. of Ind. com U. T. of Ind. Ist pfd 8 U. T. of Ind. 2d pfd 2 Advance-Rumely Cos., com.. ... ... Advance-Rumely Cos., pfd ... American Central Life 235 American Creosotlng Cos. pfd 97 Belt Railroad com 100 110 Belt Railroad pfd 47% ... Century Building Cos. pfd.. 99 Cities Service com 351 358 Cities (Service pfd ... Citizens Gas Cos., 1917 33 Citizens Gas, prior to 1917... 34 Dodge ISifg. Cos. pfd 99% ... Home Brewing 55 ... Indiana Hotel com ........ <SO ... Indiana Hotel pfd 96 Indiana National Lif>_ 4% ... Indiana Title Guaranty .... 64 72 Indiana Pipe Line Indpls. Abattoir pfd 48 52 Indpls. Gas 49 53 Indpls. Tel. Cos. com 0 ... Indpls. Tel. Cos. pfd 73% 85 Mer. Pub. Util. Cos. pfd 43 53 National Motor Cos 16 20 Public Savings 2% ... Rauh Fertilizer pfd 50 Standard Oil Cos. of 1nd.... 670 Sterling Fire Insurance 8% 9% Van Camp Hardware pfd.... 08 ... Van Camp Pack, pfd 98 Van Camp Prod. Ist pfd.... 98 ... Van Camp Prod. 2nd pfd.... 98 Vandalla Coal com 5 Vandalia Coal pfd . ... 10 Wabash Ry. com Wabash Ry. pfd 23 ... BONDS. Broad Ripple 5s Citizens’ St. Ry. 5s 76 81 Ind. Coke and Gas Cos. 65.. 88 Ind. Creek Coal and Min. 6s. 98 Ind. Northern 5s ••• Indiana Union Trac. 5s Indpl*., Col. A South. 55.... 88 Indpls A Greenfield 5s 90 97 Indpls. A Martinsville 55.... 58 Indpls. A North. 6s 33 40 Indpls. A Northwestern 5s 68 Indpls. A Southeast, 5a 44 Indpls., Shelby. A S. E. 5s 88 Indpls. St. Ry. 4s 57 60 Indpls. Trac. and Ter. 55.... 65% ... Kokomo, M. A W. 5s .s 82 85 T. IL. I. A E. 5s Union Trac. of Ind. 6s 66 I Citizens Gas 5e 74 79% Ind. Hotel Cos. 2d 6s 97 100 Indianapolis Gas Cos 73 80 ! Ind. L. and H. 5s 77 82 Indpls. Water 5s 87% 90 1 Indianapolis Water 4%s .... 70 .so M. H. and L. ref. 5s 87 02 i New Tel. Ist 6s PI ... New Tel. 2d As 9’* j New Tel. Long Dlst. 5s 93% 97 | South. Ind. Power 0a 90 BANKS AND TRUST COMPANIES. Aetna Trust 100 Bankers Trust 113 | City Trust .. 82 (Commercial National 65 I Continental National 111% ... •Farmers Trust 200 ... Fidelity Trust. . 120 .Fletcher American National. 250 Fletcher Sav & Trust C 0.... 163 ind National 280 290 Indiana Trust . 200 ... Live Stock Exchange 3C ... Merchants National 264 National City 114 i People's State 176 ... Security Trust 120 State Sav. A Trust 88 92 Union Trust Cos 3ft 370 Wash. Bank A Trust C 0.... 140 •Ex dividend. LIBERTY BONDS. Bid Asked l.iberfy 3%s 91JKJ 92.06 Liberty first 4s 85.60 .... Liberty second 4s 85 00 .... Mberty first 4% 86.90 87.10 • Liberty second 4%s 8*5.08 85.20 Liberty third 4%s 8.00 89.16 Liberty fourth 4%a 85.62 85.72 I Victory 3%s 9588 96.06 I Victory 4% s 96.00 96.14 —Sale- - $5,000 Liberty second 4%* at 85 14
Local Bank Clearings Wednesday $3,880,000 Same day last year 2,736.000 Increase over last year SI, 144.000 Housewives’ Market Grapefruit again is upward bound, the lowest being about 15 cents. Instead of 10 ccuta a bunch, carrot* nre on the market at 15 cents for two bunches. Attractive home grown string beans are bringing 25 rents a pound, with kale and spinach the same. One meat seller bought a 500 pound side of beef at Chicago at 2 ceuts a pound under the local quotations. Fresh select eggs are down 2 cents. LATEST PRICES. The following prices nre the general prices charged at the city market, oh tnlned by striking an average of the prices charged at various stands: Apples, choice, per lb $ .10(315 Asparagus, 2 bunches .13 Asparagus, home-grown, according to size of bunches.. .5(315 Bananas, doz. 30^40 Beans, navy, lb .11 Beans, lima, lb .11 Benns, string. Ib .23 Beans, Colorado pintas, 1b.... .10 Beans, green .30 Beans, kidney .18 Carrots, 2 bunches ,ir> Cabbage, lb.. 10 Celery, hunch 15(325 Cucumbers, hothouse, each ... .26(530 Grapefruit, each 15@20 Kale, home grown, ib .25 Lemons, per doz 20(3,30 Lettuce, leaf, per lb .30 Head lettuce, each 25(fi35 Onions, per th .10 Onions, Texas Bermuda, 1b.... .15 Onions, green, bunch 10 Oranges, dozen 40*31.00 Parsley, per bunch. .03 Peppers, green Florda .08 Pineapples .80(250 Potatoes, peck L4O Potaoes, lo .10 Potatoes, new. lb .20 Potatoes, sweet. 3 lbs .25 Radishes, 3 bunches .10 Rhtibarb, 3 bunches .10 Spinach, lb 25 Strawberries, qt box .40 Sugar, soft A .27 Sugar, granulate*. 28(335 Green peas, lb .25 Green peas, telephone, lb .25 MEATS. The following prices are on first quality No. 1 government inspected meats only. Lamb chops, ib .60 Leg of lamb .50 Boiled ham, per lb so Smoked hams, per lb 55(300 Round steak, per lb .40 Fresh beef tongue 30@35 lilb roast .40 Chuck roast .30 Flank steak .35 lieef tenderloin .70 l’ork chops .45 Pork tenderloin .75 Porterhouse steak .50 Chuck steak .35 Rolling beef 18(320 Bacon 40@00 Loin steak '.40 Hams, whole .40 Lard, lb .27% Lamb stew 15@25 Spareribs, lb .25 Shoulders, fresh beef.... .30 Shoulders, fresh pork ,35 Beef liver .15 Veal, breast .30 Veal chops 35@40 Veal steak .50 Calf liver 80@35 PRODUCE. Hens, full dressed, 1b......... .55 Live hens .42 Live springers .75 Eggs, fresh, select, doz .45 Duck eggs, doz 50 Butter, creamery, lb 65@70 NEW YORK METAL MARKET. NEW YORK, May 12.—Copper—Quiet; spot :ind May offered 18%; June, 18%(it 18%; July, ISV6@IS%. Lead—Quiet: spot offered 8%; May, 8%; June and s£%%<&{■: imik'sL aa..- 4
HOGS ON DECLINE WITH BIG SUPPLY Calves Hit Toboggan for Third Successive Day. RANGE OF BOG PRICES. Good Good Good May Mixed. Heavy Light. [email protected] [email protected] $15.73 6. [email protected] 14.50@ 15.00 15.7S 7. 14.75 @ 15.25 [email protected] [email protected] 8. [email protected] 14.50 @15.00 [email protected] 10. 14.75 @15.25 1 4.00 @14.50 15.00® 15.25 11. [email protected] 14.00@ 15.00 1 [email protected] 12. [email protected] 13.75 @14.50 15.00 Receipts. 12,000, with 1.350 leftovers; rteady to ' 25c lower. The buyers and sellers had considerable difficulty In getting together at the start, the packers demanding fully 25c lower scales. For lights a compromise offer to se*l at $15.15, a decline of 10c from the previous day s close, failed of acceptance, ond then brisk trading began on the basis of $15015.10. The next scale In weights stood pra< - tically steady, but from 250 to 300 lbs and over the sales averaged a loss for the day of 25c. The bulk of the roughs went around $11.75,' while the pige averaged $14.2.'. The liberal receipts were n weakening feature, arrivals continuing all morning. Calves. Receipts, 800: weak and 50c@$l lower. For the third successive day, because of the lack of eastern demand, prices for the best classes hit, the toboggan, the average top of sl3 for choicers showing a drop of about $2.50 in that period. Some extra fancy vealers were disposed of at $13.50. but the average sales were close to a dollar below that mark. With dinks bringing as low as 5 cents a pound in several instances, the outlook for that class was decidedly gloomy. Some sales of good vealers were made at $12.00, but this was fully 50c over the day’s average. Cattle. Receipts. 1,300: steady. With the arrivals for the last, three days well up to the average, no improve- , ment was noticeable in prices, the mar- j kot being dratrgy but fairly steady. There was early demand for both steers and cows, with sellers usually holding out for Tuesday's scales. Butcher stock was fairly active, but the call for Stockers and feeders was light. A number of heifers went for under the sl3 mark. Sheep. Receipts, 75; steady. This market continued on practically a nominal basis. lIOG.S. Best light hogs, 16<> to 225 lbs average $15.00(315.10 225 to 250 lbs average 15.00 250 to 275 lbs average 14.50 275 to 300 lbs average 13.75 | Over 300 lbs average 1350 Bulk of sows 11.50012 00 Best, pigs, under 140 lbs H.OOO 14.50 Bulk of good hogs 15.00 CATTLE. —Steers — Prime corn fed steers. 1,300 lbs and up 12.50® 13 25 Good to choice steers, 1,800 lbs and up [email protected] Good to choice steers, l.ioo to ' 1.200 lb* 12 00® 12.50 I Good to choice steers, 1,000 • to 1,100 llis 11.25® 12.25 Common to medium steers, 900 to 1,000 lbs [email protected] Bulls and Calves—- ( Good to choice butcher bulla. 9 00® 10,00 Bologna bulls 7.50® 8.50 ! Light common bulis C.s<<® 7.00 Choice veal* 12.00® 13.00 j flood veals 10 50011.50 i Medium veals 8.00®10.00 Lightweight veals 5.0*1®, 7.(X1 —Stockers and Feeding Cattle — Good to choice steers, 800 lb* and up 10.23® 11.99 Common to fair steers, 800 lbs and up 9.00® 9.75 : Good to choice steers, under suO lbs 9.50® IC.OO j Common to fair steers, under MX, lbs 7.50® 8.50 Good cows 7.50® 8.25 Medium to good cows 6.500 7.25 , Good heifer* 9.0044,10.tX) Medium to good heifers 8.000 8.50 ! Good milkers 100.000125.00 Medium milker* 60000100.00 Stock calves. 250 to 450 lb*.. 7X*X@ 11.00 —He Heirs and Cows— Good to choice heifers 12.00®13.00 Medium heifer* 10.00011 00 Common to light heifers.... 8 50® 10.00 I Choice cows 10.50<a!2.00 Good to choice cows 9.00010.50 I Fair to medium cows 7.sl>'£ 9.00 • Gunner* S CO® 0.00 1 Cutters 6.00® 8.00 BHBBi* AND I.AM 118. | Good to choice sheep 9.00010.50 Fair to good sheep 8.000, 9 O 0 Common to meUlum sheep.... 5 00® 800 Bucks 7 00® 8.00 Good to choice yearlings 10.000 12.00 Good to choice native lambs.. 17.0OfiilS.00 Good to choice westerns 18.50® 19.50 Good to choice western*. clipped 17.50® IX.OO Good to choice spring lamb*. 1T.00y.15.00
Other Live Stock CINCINNATI, May 12. Hogs—Receipts, 3,560; steady; heavy, *14@15; mixed, me- , dlum and light, sls 25; pigs, sl4; rough*, $11; slags. $.8.50. Cattle-Receipts. *i*): 1 steady to strong; bulls weak, 25c lower; calve*. slS(*?'l3.so, with selects at sl4. I Sheep—Receipts, 200; steady, CLEVELAND. May 12. Hogs Receipts, 2,0(4); market steady; .vorkers, $15.50; mixed. $15.50; medium, sl4; pigs, $15.20; roughs, $11.75; stags, $9. Cattle Receipt*. 250; market slow, Sheep and lambs Market steady; top, $lB. Calves Receipts, 300; market stoidy; top, $15.60. CHICAGO, May 12. —Hog*20,000: market 15c up; bulk, $14*'a15.15; butchers. $13.65; packers, $12.50(a 13.35; light, $14.80 ($15.25; pigs, roughs, sl2.2s<t£ 12.75. Cattle —Receipt*, 8.O0O; market 15c higher; beeves, $7.75(jt 11; butchers, $.5(513.50; canuers and cut ters. $5ft(.7.75; stookers and feeders, $9.25 <U1.85; tows [email protected]; calves, sllftjl3. Sheep—Receipts. 6,000; market 25c lower; lambs, $10.50<ft15.75; ewes, $9.75(<i 13. PITTSBURG. May 12. Cattle Receipts, fair; market dull; choice, sl3ftf 13.60; good. $12.50(0 13; fair, $12ft£12.50: veal calve*. $14.50ftt15. Sheep and lambs—Receipts, fair; market steady; prime wethers, $113; 11.50; good, $9.50(, 10 50; fair mixed, $S(c(9: spring lambs, $7 <jjl7.oo. Hogs—Receipts, 30 doubles: market steady; prime heavies, $11.25(i(! 14.50; mediums, sls.softi 15.75; heavv vorkers, $13.50(rf 15.75; light yorkers. sls @15.25; pigs, $14.50® 14.75; roughs, sll® 12; stags, ?7@B. EAST BUFFALO, N. Y„ May 12.- Cat tie—Receipts, 500; marker fair, active and steady; shipping steers, $13.50® 14.25: butcher grades. s9® 13.75; cows, s4® 10.50. Calves—Receipts, 400; market slow to steady: culls to choice, s3® 10. Sheep and lambs —Receipts, 2,400; market slow, lambs 25c lower; choice lambs, slß.soft*lA7s; culls to fair, slo® 17.75; yearlings, $15®10.50; sheep, ss<ii 14.50. Hogs-—Receipt*. 1.000; market active to higher; yorkers. $16.25; pigs, sl6; mixed, sl6; heavies, [email protected]; roughs, sll® 12.50; stags, sß®o. EAST ST LOUIS, May 12. CattleReceipts. 2,100: market steady; native beef steers. [email protected]; yearling beef steers and heifers, $10.50® 13.75: rows, $8.25@11; stackers and feeders, sS@ll; choice veal calves, $12@11: fair to prime yearlings, heifer's and steers, $4.25@7. Hogs—Receipts, 10,500; market 15@25c lower; mixed and butchers. [email protected]; good heavies. $13.25@14; rough heavies. $10.75 @l2; light. [email protected]: pigs, 513@14 50: bulk of sales, [email protected]. Sheep- Receipts, 800; market steady; ewes, $9.50® 11; lambs. $)[email protected]; canuers nud cutters, [email protected]. WHOLESALE PRODUCE. Wholesalers are paying the following prices in Indianapolis for eggs, poultry and packing stock butter: Eggs—Fresh, 40c. Poultry—Fowls, 32c; broilers, 1% to 2 lbs, 60c; cocks, 18c; old tom turkeys, 30c; young tom turkeys, 12 lbs and up, 85c; young hen turkeys, 8 lbs and up, 35c; cull thin turkeys not wanted; ducks, 4 lbs and up. 22c; ducks, under 4 lbs, 18c; geese, lOlbs and up, 18c; squabs, 11?* lbs to doz, $7.50. Butter—Clean packing stock, 33c lb; fresh creamery butter, in orints. is selling at wholesale at Cl@62e; in tubs. 62c. Butter Fat—lndianapolis buyers are paying 62@63c. Cheese (wholesale selling prices)— Brick, 2@Soe lb; New York cream, 33c; Wisconsin full cream, Si@3so; longhorn*, Urn burger, 38c.
GRAIN FUTURES TOUCH NEW TOPS Brisk Demand and Light Receipts Ruling Features. CHICAGO, May 12.—Grain futures went to new highs again today on tho Chicago Board of Trade. Opening irregular, the market developed a strong tone and climbed on high cash corn prices. Cash corn sold as high as A brisk demand, coupled with light receipts and reports of a three-inch rainfall in lowa, caused a sharp upward turn in the market after the weak opening. Unconfirmed rumors of a general railroad strike this month also caused the market to act bullish. May corn opened down %c at $1.95. but later gained l%e. July corn opened at $1.75%, up %c, and later was up 20. September corn opened down %c at $1.62% and later gained 2%e. May oats opened at $1.07, up %c, and later was up %e. July oats, opening up %o at 93%e, later w-ta up l%c. September oatS opened at 77%c, up %c, and later gained %c. Provisions were higher. CHICAGO GRAIN. —May 12— CORN—Open. High. Low. close. May. 1.95 1.07 1,95 1.97. tl% July 1.75% 1.78% 1.75 1.77% +2 - Sent. 1.62% 1.65 1.62% 1.64% tl% OATS— May. 1.07 1.07% 1,06% 1.00% • % July 93% 94% 93 93% t % Sept. 77% 78% 76% 77 * % PORK— May 36.40 t .25 July 37.40 37.40 37.40 37.40 t .25 LARD— May. 21.00 21 10 21.00 21.10 t .13 July 21.70 22.05 21.70 21.95 t .25 RIBS— July 19.22 19.42 19.20 19.35 t .13 •Decrease, tlncrease over yesterday's close. CHICAGO CASH GRAIN. CHICAGO. May 12. -Wheat No. 2 northern spring. $3.35. Corn—No. 2 mixed. $2.12; No. 2 white mixed. $2.12; No, 2 yellow. $2.1202.13; No. 3 mixed. $2.11: No. 3 white, f2.U02.12; No. 3 vellow, $2.11 @2.12: No. 4 mixed. $2.0902.10; No. 1 white. $2.10; No. 4 vellow, $2.10. Oats-No. 2 white. $1.150116; No 3 white. $1.1301.15; No. 2 white, sl,llO 1.12; standard, SI.OB. TOLEDO CLOSE. TOLEDO, May 12.—Cash clover, $26; October, $23 95; December. $23. Alsike— Cash, $23 bid: December. $23 bid. Timi <*th\, 1917, cash, $5.45; 1918, cash, $5.45; 1919. cash, $5.55; Mnv, $5.55; September, I 5.77%; October, $5.00, December. $5.63; March, $5.85.
PRIMARY MARKETS. (Thomson & McKinnon) —Receipts— Wheat. Corn. Oats Chicago 61,000 lSO.noo 256,000 Milwaukee 2.000 43 000 Minneapolis 191.000 2.000 43.000 Duluth 121.000 2.000 St. loiuls Cl.'XXi 52.000 20,000 Toledo 6.000 5,000 15,000 Detroit 1.000 .3.000 Kansas City 157.006 34,6<X> 7.000 Peoria 24,000 43.000 27.000 Omaha 25,000 OO.OOi 44,000 Indianapolis 29,000 28,000 Totals 647,000 .3T7.<XK> 473.000 Year ago 405,000 286,000 748,000 —Shipments— Wheat. Corn. Oat* Chicago 77,(XX) 19.000 92,(XX) Milwaukee 13,000 9,(XX) 10.000 Minneapolis .... 152,000 9,000 75,0 0 Dulilth 49,000 4.000 St. Louis 102.000 55.000 162.000 Toledo 8.000 7.000 Kansas City 139.000 18,000 12.00 Peoria 44 (XX) 22,000 fM.OOO ( >njaha 56.000 M.OOO 42.000 Indiana polls ... 9.000 15.000 34.000 Totals 649,000 197.(XX) 492.0 X) Year ago 1,100.000 299.000 439,000 —Clearances— Dom W. Corn. Oats. New York 42,(XX) Philadelphia 44.000 Baltimore 144,(XX) ..... ..... Totals 230,000 Year ago 997.000 4.000 INDIANAPOLIS CASH GRAIN. —May 12— Corn -Strong; No. 3 white. $2.10%; No. .3 mixed. $2 07%. (>at* Ehsv : No. 2 white, $1.23%; No. 4 xvbite, $1.19%. Hay Firm; No. 1 timothy. $41041,50: No 2 timothy. $40040.50; No. 1 light • lover intx'-ii, $40040.50; No. 1 clover mixed, $39.30040 s No. 3 red, l car. Corn No. 2 white, 2 cars; No 3 white. 7 cars; N<>. 2 yellow, 2 cars; No. 3 yellow, 7 cars; No. 3 mixed. 2 car*; No. i mixed, 1 car; sample mixed. 2 cars; ear. 1 '-ar; total. 24 cars. Oats—No. 1 white. 1 car; No. 2 white, 14 cars; No. 3 white, 2 cars; No. 4 white, 1 car; samplo white, 1 car; total, 19 cars. Rye—No. 2. 1 car. Hay- No. 1 timothy, 1 car: No. 1 clover mixed, 2 cars; total, 3 cars.
WAGON MARKET. The following are the Indianapolis prices of hay and grain by the wagon load: Hay timothy, $37@38 a ton; nixed. $361®33; clover, $52@35; lisle, S4O © 42. Corn $1.85® 1.90 bu. Oats- $1.105|1.15 bu. Straw Wheat. $8 ton; oats, sl4@lo. WAGON WHEAT PRICES. Indianapolis elevators and mills are paying $2.50 for No. 1 wheat, $2.47 for No. 2 and $2.44 for No. 3. All other grades according to quality. f * ' If You Are An Officer of a Corporation You will be interested to know that by our system of special tax analysis and research, our investigations dealing with unusual or peculiar conditions incident to your particular business prior to the present taxable year, we are qualified to determine the original conditions and thereby bring about very substantial results. Permit us to suggest, that you consult with us at once, by appointment, without obligating yourself, that a more definite explanation may be made. f' CHAS. P. DONEY Income Tax Counsel, Established 1917 Snite 806 Hnmf-Mansur Building. Formerly Deputy Phones: Tax Collector. Main 6416. J 23-144 Auto. —p, DIVIDEND NOTICE Indianapolis Street Railway Company (New Consolidated Company.) (Incorporated 1919.) Indianapolis. May 11, 1920. The Board of Directors of the Indianapolis Street Railway Company (NewConsolidated Company, Incorporated 1919), have declared a dividend of $1.50 per share for the quarter, December Ist, 1019, to February 29th. 1920. inclusive, upon the preferred capital stock of the Indianapolis Street Railway Company (New Consolidated Company, Incorporated 1919), payable June 1, 1920. to the stockholders of record. May 28, 1920. The preferred stock transfer books will be closed from and after the end of business hours Friday, May 28. 1920, until the beginning of buiiness hours, Thursday. June 10, 1920, on account of the annual Stockholders' Meeting, to be held on June 9, 1920. - ! INDIANAPOLIS STREET RAILWAY COMPANY. (Incorporated 1919.)i J Robert
On Commission Row TOIi\Y'S PRICES. Apples—Barrels, $8012; (boxes, S3O 4.50: basket, $304.25. Asparagus—Fancy homegrown, doz; 60c. Bananas—Pound, Bc. Cabbage—Fancy and Texas, bbls, 5c lb: less than bbl, f.c. Beans—Michigan navy, lh bags, per lb. B%e. California Limas, In sacks, 13c lb; marrowfat, per lb, 10c; fancy Florida, green, per hamper, $3.50. Celery—Florida, s6@7: per doz, $2. Cucumbers—Fancy hothouse, per doz, $3. Dates —Box 3 doz, $5.5006.75. Grapefruit—Extra fancy Florida*, $5.25. @7. Honey—Fancy 1919 white, extracted, 60-lib cans, 24c lb. Kale—Per bu, $2.50. Lemons—Extra fancy California, $5.25 @5.50. Lettuce—Leaf. lb. 27c; Iceberg head lettuce, per crate, $6.50 Mangoes—Fancy. 2-doz basket, $1.50. Noodles —10-Ib box, $1.20. Nuts—Filberts, lb, 30031 c; English walnuts, 37041 c; pecans, 70c; Brazils, 28 @39c; nut meats, pecans, 90c lb; walnuts, 75c. almonds, 65c. Oranges—Extra fancy California navels. $5.5009; Valencias, $6.5007.50. Onions —Fancy new Texas white. 50-lb crats. $3.50; same yellow, $3.75; homegrown. green, 20c doz. Onion Sets —Fancy yellow, per bu, Parsnips -Faney, 35-lb hamper, $1.65. Parsley—Fancy botnegreen. 35c doz. Ppanut Butter—Pails, 15 to 50 lbs, 20 @22c. . peas—New Mississippi green, per hamper. $3.25 03.75. Pieplant—Fancy homegrown, 35c doz. Pineapples—Ripe Ha-anas, S6OG. Potatoes—Northern whites, $8 per 100 lbs: sl2 bag. Radishes Homegrown, button, 35e doz: long, 35c; southern long. 35c. Rice—l4@lsc lb. Spinach—Fancy, per bu, $2.25. Strawberries —Louisiana, 24-pt case, $4 ®4.50. 24-fit case, SBO9. Sweet Potatoes—Fancy Jerseys. $3.50 per hamper: fancy southern Nancy Halls. 40-lb basket. $3.50. Seed Sweet Potatoes —Indiana grown, vellow Jersevs. sl.7’ per bu; same Nancy Halls, $175 per bu. Tomatoes—Basket, $2.25.
One Standard of Service HTHERE arc no varying de* A grees in the service we offer, nor in our willingness to serve. The entire resources of this company both perienceand in current inform m ation are freely offered you, irrespective of the amount you desire to invest. Included in the securities we hold are many with a particular appeal to the small investor. We are glad to offer you our full facilities and experience, in selecting the securities best fitted to your needs. Send for current issue cf ' “SOUND INVESTMENTS’* describing our offerings in detail Fletcher American Company Capital $1,500,000 Fletcher American National Bank Building INDIANAPOLIS
Reservations to Europe JUNE and JULY SAILINGS FLETCHER AMERICAN COMPANY Agents All Lines. Pennsylvania and Market Streets. Transportation Bldg. (BEING MODERNIZED) Southeast Corner Delaware and South Sts. MODERN OFFICE ROOMS Directly Across the Street from the New York Central and Pennsylvania Depots. OPEN FOR INSPECTION. William F. Wocher, Agent (OR SEE YOUR BROKER) Bth Floor City Trust Builaing Main 3998. Auto. 24-806. CENTRAL STATES AGENOES Incorporated under tho law* of tho fitato of Indian* Financial Broker* and Underwriter* Market Prioo Paid far Liberty flood* * , fAfluei Au^z^-sn 17 ‘ I? 7 R' Market St, IntSmupoli^ Money to Loan on Morigagj STATE LIFE INSURANCE C(|
COTTON MARKET AT EASIER TONE More Inquiry for Spots at Liverpool’s Opening. LIVERPOOL. May 12—There wax more inquiry for spot cotton at the opening. Prices were easier, with sales of 4.000 bales. Opening prices: American mids, faiT, 31.91d; good middlings. 25.66d; full middlings, 27.66d; middlings. 26.41d. low, 23.11d • good ordinary, 19.91d; ordinary, 1891d. Futures opened easier. CHICAGO PRODUCE. CHICAGO. May 12.—Butter—Creamery extras. 56%c: creamery firsts, 56%c; firsts. 53c; seconds. 44048 c. Eggs—Ordinaries. 37038'-; firsts. 40%@41c. Cheese —Twins, 27c: Young Americas, 29c. Live poultry—Fowls. 35c; ducks, 38c; geese, 20c: turkeys, 35c. Potatoes—Receipts. 3 cars; Wisconsin and Minnesota,.s6,7so 7.50.
J. F. WILD, JR. BROKER 315-320 Lemcke Bldg. High-Grade Speculative Investments Opportunity for Salesmen Phones: Main 1734, Auto. 21-733.
