Indianapolis Times, Volume 33, Number 2, Indianapolis, Marion County, 13 May 1920 — Page 10

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STEEL HITS NEAR TO FEBRUARY LOW Motors Also Under Fire on New York Exchange. NEW YORK, May 13.—Pressure was exerted agaiust tlx* stock market at the opening today, causing declines throughout the list ranging from fractions to oyer 2 points. Steel common was off " to 92%. Bald win 1% to 113%. Crucible Steel 2% to 134% and Republic Steel 2% to 90%. The motor shares were in snpply, General Motors dropping 1 point to 26%. Sfndebaker 14* to 70%. Pierce Arrow 1 point to 52% and Chandler 2% to 131%, while Keystone Tire fell 2% to 28 s . Mexican Petroleum dropped 2 points to 179 and Pan-American Petroleum I*4 to 101%. Losses of 1 point were suffered in Royal Dutch and Texas Company. Fnited States Rubber fell I s * to OSH and American Woollen 1 point to 107%. Fractional losses were suffered by the railroad shares. Some stocks held np comparatively well as the market went into the second hour, although pressure continued on the motors and some steel stocks. On this movement Steel common made anew low of 92%. This was within % of the low price recorded during the February break. Around 11:30 a rally set in that resulted in a recovery of a full point for Steel common and over 5 points for Crucible. The oil stocks advanced from 2 to 3 points. After selling down close to 93 Southern Pacific rallied a point in mid-after-noon dealings. All other rails were firm. A decided break in Savage Arms, which sold down to 41. a decline of 7 points from Wednesday’s close and 14 points in two days, was believed by traders to be dne to forced liquidation of a weak long account. The market closed steady. Moderate rallies occurred in some issnes near the close. Steel common held within a narrow range and finished at 93V Baldwin reacted to 114 V General Motors, after falling to 26. rose Ur 27V while Stndebaker fell front 71 to 69V Royal Dutch rallied 1% in the last few minutes, while Pan-American Petroleum reacted nearly 2 points to 101 %. Republic Steel closed at 91%: Southern Pacific. 95%; Mexican Petroleum. 379%; American Woolen, 108%, and F. S. Rubber. 94V Government bonds, unchanged. Railway and other bonds, steady. Total sales of stocks were 705,400 shares; bonds, $lO,706,000.

New York Liberty Bonds | (By J. Wild A Cos.) —May 13— Closed Closed Tester- Net Today day Change Liberty 3Us 91 30 9t.!H *.64 Liberty first 4s 85.52 55.60 *.04 Liberty second 45.. 85.00 85 OH *.06 Liberty first 4145... 84.50 87.00 *.50 Libertv second 4149. 85.00 85510 *.20 Liberty third 4kis.. 88.60 88.98 *.38 Liberty fourth 414*. 85.42 85.54 *.12 Victory 3%s 9-5-82 96.00 *.IS Victory 4*43 86.90 96.04 *.14 • Denotes decrease compared with yesterday. . NEW YORK METAL MARKET. NEW YORK May 13. —Copper—Quiet: spot. May and June offered lS'Ac, July offered ISHc. August offered Lead —Quiet: spot offered 8-%e. May offered B**c. June and July offered s*4e. Spel-ter-Easy: May offered 7.75 c; June. 7.60 5f7.75c; July [email protected] ; August. 7 706 t 7.75 c. MOTOR SEfIRITIES. (By Thomson & McKinnon.) , —Opening— Bid Ask. Briscoe 57 581*5 Packard com 22 24 Packard pfd ?*> 94 Chevrolet 250 500 Peerless 42 4-5 Continental Motors com .... 9*4 10 Beo Motor Car 23 23>4 Ford of Canada 375 385 United Motors 40 60 National Motors 15 16 Federal Truck 51 53 Republic Truck 33 35 ACTIVE Oil. STOCK?. (By Thomson A McKinnon.' l -OpeningBid Ask. Anglo-American Oil 22' t 2314 Atlantic Refining 1130 1200 Borne-Scrmyser 450 47-5 Buckeye Pipe Line 90 92 Chesebrough Mfg. Con. 225 23-5 Oosden Oil and Gas 7 , -j 7*4 Cres-ent Pipe Line 30 32 Cumberland Pipe Line 130 110 Elk Basin Pete SV* B*4 Eureka Pipe Line 105 110 Galena-Signai Oil, pfd 95 98 Galena-Signal Oil, com 60 3 Illinois Pipe Line 160 165 Indiana Pipe Line 90 92 Merritt Oil 15'4 16 Midwest Oil I'j 2 Midwest Refining 114 116 National Transit 28 30 New Tork Transit 160 I*>s Northern Pipe Line 95 98 Ohio Oil 322 327 Penn. Mex 4-4 46 Prairie Oil and Gas 565 585 Pairie Pipe Line 195 200 Sapulpa Refining 5 5*4 Solar Refining 580 too Southern Pipe Line 120 125 South Penn. Oil 290 295 Southwest Penn. Pipe Lines. 65 70 Standard Oil Cos. of Cal 318 323 Standard Oil Cos. of Ind 670 090 Standr-d Oil Cos. of Kas.... 570 590 Standard Oil Cos. of Ky.... 385 595 Standard Oil Cos. of Neb.... ISO 500 Standard Oil Cos. es N. 403 4**B Standard Oil Cos. es Ohio 450 490 Swan & Finch 90 95 Union Tank Line 108 112 Vacuum Oil 365 375 Washington Oil 27 33 CHICAGO STOCKS. (By Thomson A McKinnon's Wire. 1 Open'. Close. Carbide and Carbon 6lbj 61*4 Diamond Match 113 113 Libby 24 2% Sears-Roebuck 215 215 Stewart-Warner 41 40*, Swift % Cos 110 H HO-)* Swift International 36 36 United Paper Board 23*-j 23*4 Armour pfd 95 or.**, National Leather 11*4 11*4 Mont-Ward 32* 3 32 Hupp 17 17

Foreign Exchange Lower for Sterling XEW YORK. May 13.—Quotations wore steady at the opening of tho foreign exchange today. Demand sterling opened at $3.81%, off Vj; franc checks, 15.12; lire checks, 20.32, off 45 centimes; marks, demand, .020; cables, .0204; Canadian dollars. .9025. Marks made anew high and franc checks reacted 10 centimes in the early afternoon. Demand sterling eased off another *4 cent to $3.81*4 at noon. Sterling demand was at $3.81 *-i and cables $3-82; francs demand at 15.22 and cables 15.20; lire demand. 20.42, and cables, 20.40. Calls Conference on Wheat Guaranty WASHINGTON. May 13.—A conference of government officials, congressmen and railroad executives to discuss the possible necessity of continuing the guaranteed wheat price after June 1, when it expires. according to present laws, has been called by Joiius H. Barnes, director of the United States grain corporation, to meet in New York, May 19. In a tlegram to congressmen. Barnes expresses grave concern over the results that may follow the discontinuance of the grain corporation’s stabilizing of the wheat price at. about $2.26 a bushel and eTectTves. r Quigley-Hyland Agency ClYil and Criminal Investigators US-SSSLaw bid* Main :Wi HORSES AND VEH ICLES. ~~ JOSEPH HAAS says highest prices far <t—rt Koeaes. cow* fctf Jkogs. CmO- Matfa- ttwic Acoto, 2

Local Stock Exchange STOCKS. Bid. Ask. Ind. Ry. A Light com 05 Ind. Ry. & Light pfd 95 indpls. & Northwestern pfd 75 Indpls. & Southeastern pfd. ... 75 Indpls. St. Ry 5S 6o T. H . T. & Light pfd T. H„ I. & E. com 2% T. H., I. & E. pfd 13 U. T. of Ind. com ... IT.1 T . T. of Ind. Ist pfd 8 C. T. of Ind. 2d pfd 2 Advance-Rumely Cos. c0m.... 33 Advance-Rumely Cos., pfd American Central Life 235 American Creosotlng Go. pfd 97 Belt Railroad com 99 109 Belt Railroad pfd 47% ... Century Building Cos. pfd.. 89 ... Cities Service com 350 355 Cities Service pfd Citizens Gas Cos„ 1917 33 Citizens Gas, prior to 1917... 34 ...' Dodge Slfg. Cos. pfd 99% ... Home Brewing 05 ... Indiana Hotel com 'SO Indiana Hotel pfd 96 Indiana National Lib. 4% ... Indiana Title Guaranty .... 64 72 Indiana Pipe Line Indpls. Abattoir pfd 48 52 Indpls. Gas 49 53 Indp's. Tel. Cos. com 2 Indpls. Tel. Cos. pfd 73% 85 Mer. Pub. FtU. Cos. pfd 43 53 National Motor Cos 11 17% Public Savings 2% ... Ranh Fertilizer pfd 50 ... Standard Oil Cos. of 1nd.... 670 Sterling Fire Insurance 8% 9% Van Camp Hardware pfd.... 98 Van Camp Pack, pfd 98 Van Camp Prod. Ist pfd.... 98 Van Camp Prod. 2nd pfd.... 98 ... Vandalia Coal com 5 Vandal ia Coal pfd 10 Wabash Rv. com 8 Wabash Ry. pfd... 22 BONDS. Broad Ripple 5s 40 Citizens St. Hy. 5s 75 80 lud. Coke and Gas Cos. 65.. 88 Ind. Creek Coal and Min. 6s. 98 ... Ind. Northern 5s Indiana Fnion Trac. 3s Indpls., Col. & South. 55.... Bs*8 s * Indpls A Greenfield 5s 90 97 Indpls. A Martinsville 55.... 58 Indpls. A North. 5s 32 40 Indpls. A Northwestern 5s 58 Indpls. A Southeast. 5s 44 Indpls.. Shelbyv. A S. E. 5s 95 Indpls. St- Ry. 4s 57 00 Indpls. Trac. and Ter. 55.... 65% ... Kokomo, M. AW. 55*....... 82% 84 T. IL. I. A E. 5s Union Trac. of Ind. 6s 63 Citizens Gas 5s 74 79% Ind. Hotel Cos. 2d 6s 96% 100 Indianapolis Gas Cos 73 SO Ind. L. and H. 5s 77 82 Indpls. Water 5s 87% 90 Indianapolis Water 4%s .... 70 so M. H. and L. ret 5s 87 92 New Tel. Ist 6s 94 ... New Tel. 2d Ce 99 New Tel. Long Dist. 5s 93% 97 South. Ind. Power 6s 90 BANKS AND TRIST COMPANIES. Aetna Trust 100 Bankers Trust 118 City Trust 82 Commercial National 65 Continental National 112 •Farmers Trust 2<>o Fidelity Trust 120 Fletcher American National. 256 ... Fletcher Sav. A Trust C 0.... 163 Ind. National 280 290 Indiana Trust 200 Live Stock Exchange 382 ... Merchants National 264 National City 114 People's State 176 ... Security Trust 120 ... State Sav. A Trust 88 92 Fnion Trust Cos ."4>> 370 Wash. Bank A Trust Cos HO •Ex dividend.

LIBERTY BONOS. Bid. Asked. Liberty 3%s 91.30 Ot-VI Liberty first 4s 85..50 55.70 Liberty second 4s 84 90 8". .20 Liberty first 4V*s 86.46 86.64 l.lleert >• second 4*4s 81.90 S5 10 Liberty third l*,s SB.BO 89.00 Liberty fourth 4V*s .85,5.4 85.70 Liberty 3* 4 r 95.82 I*6 10 Liberty 4 a ,s .. 95.94 IhI.OO SALES. 2 shares Continental National at llO 1 .-,. 7 shares Merchants I’ublic Utilities pfd at 42. 10 shares Indianapolis Street Railway at 69 9 shares Indiana Title Guainnty at 63. Local Bank Clearings Thursday .>..53,637,000 Same day last year 2.508,000 Increase over last year $1,129,000 Today's Market Gossip (By Thomson & McKinnon's Wire.) NEW YORK—American Express declares regular quarterly dividend of 50c. NEW YORK—Railroad men declare 82.411 cars are needed to lake care of urgent freight demands throughout the country. about lb.vOO cars loss than in April. MINNEAPOLIS—Cash market is firm for the better grades of spring wheat, medium and low grades 5c lower. Corn is up lc to 2e, barley lc higher, oats quiet and unchanged, rye quoted lc to 2c lower. PITTSBURG Kittauing Iron and Steel Company, subsidiary of the Carbon Steel Company, declares a stock diridend of 150 per cent and has Increased its stock from SIOO,OOO to $1,990,000. NEW YORK—A cable from Tokio says Japan has agreed to enter without reservations the loan eonsortium whereby the tinaneing of China will be undertaken by Great Britain, France, Japan and the United States.

WEATHER AT 7 A. M. TODAY. Station. Bar. Temp. Weath. Indianapolis. Ind... 29.96 45 Cloudy j Amarillo. Tex 30.01 16 Cloudy Bismarck. N. D.... 30.40 40 Clear Boston. Mass 29.88 48 Rain Chicago. 111 30.12 42 Cloudy Cincinnati, 0 29.88 4 4 Cloudy Cleveland. 0 29.90 44 PtCldy • Denver, Colo 30.28 34 Rain ' Dodge City Kas... 30.11 16 Cloudy 1 Helena. Moat, 30.18 38 Cloudy i Jacksonville, Fla... 29 94 72 Clear Kansas CUy. M 0... 30.10 44 Cloudy T,nulsvillo. Ky 29.140 IK Cloudy Little Rock. Ark... 29.80 08 Cloudy I,os Angeles, Cal... 29. Ml 54 Clon/ly Mobile. Ala 29.92 78 PtCldy New Orleans. La... 29.90 78 Cloudy i New York. N. Y... 29.82 50 Rain Norfolk. Va 29.68 70 PlCldy Oklahoma City 30.00 56 Cloudy Omaha. Neb 30.20 46 Cloudy Philadelphia. Pa... 29.80 48 Rain Pittsburg, Pa. 29.82 50 Cloudy Portland, Ore. .... 30.1.8 42 Clear Rapid City. S. D... 30.42 38 Clear Roseburg. Ore. ... 30.10 38 Clear San Antonio, Tex.. 29-82 74 PtCldy San Francisco, Cal. 29.58 48 Cloudy St. Louis. Mo 30.00 48 Cloudy St. Paul. Minn 30.34 40 Clear Tampa. Fla. 29.96 71 Clear Washington, D. C.. 1K>.76 50 Cloudy Observation taken at 7 a. m,, May 13, 1920, by U. S. weather bureaus. WEATHER CONDITIONS 7 A. M. The storm now extends in a tronghshapod depression from the middle Atlantie coast southeastward to Texas, and another center Is present in the southwestern platean, while the < anadian field of high pressure has poshed southward over the middle plains states. Precipitation has been extensive from Colorado and Wyoming southeast ward to the Alleghenies and the middle Atlantic, with nnmerons heavy rainfalls in (tie middle Mississippi and Ohio valleys. Warm weather continues In the sooth, hot temperatures have fallen still farther from the middle Roclrles eastward and the readings in the north-central states are now from 10 bo 16 degrees below the eeasonal normal. •J. H. ARMINGTON, Meteorologist. CLEVELAND PRODUCE. CLEVELAND, May 13. Butter —ln tubs, creamery, extras. 656ft5*Ae; extra Liucy. 64@64M,<?; firsts. C3@63Vie; prides, lc higher; seconds, 57@59c; packing, 35@39c. Eggs—Fresh gathered, extrak 45c; fresh, extra, 46c; northern ObioV fiNsh. new cases, 45c; old cases. 43/:;1 western firsts, 42#c. Poultry—Capon , chickens, 45c; light towla, 3(kc; axU**j

STRENGTH RULES AT STOCK YARDS Lighter Hogs Advance and Calves Lose Weakness. RANGE OF HOG PRICES. Good Good Good May Mixed. Heavy. Light. 7.414.75 C? 15.15 [email protected] *16.000)15.25 7. 14.750)15.25 [email protected] [email protected] 8. 15.25@ 15.50 [email protected] [email protected] 10. [email protected] [email protected] [email protected] 11. [email protected] 14.00 @ 15.00 [email protected] 12. [email protected] [email protected] 15.00 13. 15.00 @ 15.25 [email protected] [email protected] Receipts, 7.000, with 2,300 left overs; market steady to strong. Extreme lights brought the best prices of the day, one sale of 500 between 160 and 180 lbs being made at $15.25. With smaller receipts helped ont by a liberal overnight supply, the trading was brisk, with the sellers instead of the bnyers, contrary to the case the previous day, holding the upper hand. All the weights above 225 lbs ruled firm at practically unchanged quotations, while in lights a small lot of extra fancy brought $15.35. Pigs were the weak spot jn the market. the average top of $14.25 showing a loss of 25c, though a few sales were made at $14.35. Calves. Receipts. 600; market strong and 50c to $1 higher. Pronounced strength succeeded the equally pronounced weakness of the last three days, with the good to choice stuff especially in demand and easteru buyers again on the market. Some sales of extra fancy vealers went as high as sl4, but the average top was 50c below that mark. Dinks wen? in some demand, but there was no quotable change in the range of prices. Cattle. Receipts. 900: market steady to strong. There was more snap to the market, with all classes of stock In freer request. , The extra tops of sl3 for heifers anil sl2 for cows were maintained only ou several high fancies for cacti, the average sales running close to a dollar below those prices. Butcher stock held its range well, with considerable inquiry' and sellers not inclined to make any noteworthy concessions. to beep. Receipts, 10; market nominal. With practically nothing new on the market, both sheep and lambs were nominally at the previous prices.

HOGS. Best light hogs, 160 to 225 lbs average $15.10(4$ 15.25 225 to 25>0 lbs average 15.00 250 to 275 lbs average 14.50 275 to 300 lbs average 13.75 Over 300 lbs average 13.50 Bulk of sows 11. 504* 12.00 Best pigs, under 140 1b5.... [email protected] Bulk of good hogs 15.00 CATTLE. —Steer*— Prime cornfed steers, 12100 lbs and up [email protected] Good to choice steora. 1.300 lbs and up 12.00@12-W Good to choice steers, 1,100 to 1,200 lbs 12.00(812.50 Good to choice steers, 1,000 to 1,100 lbs [email protected] Common to medium steers, 900 to 1,000 lbs [email protected] —Bulls and CalvesGood to choice butcher bulls. 9 004/ 10.(0 Bologna bulls 7.50@ 8.50 Uight couuiiuu bulls ti.rsxd. 7.00 Choice *eals [email protected] Good voals 11.00@ 12.00 Medium veals 8.oo@l().00 Lightweight veals 5.00@ 7.00 —44 toe sera and Feeding CattleGood to choice steers, 800 10# and up [email protected] Common to fair steers, 800 lbs and up 9 00@ 9.75 Good to choice steers, uuder 800 lbs [email protected] Common to fjir steers, under 800 lbs 7.50@ 8.50 Good cows 7.504/; 8.25 Medium to good cows 6 50 4$ 7.25 Good heifers 9.0064 10.110 Medium to good heifers S.OO'Jt 8.50 Good milkers 100.<XKf? 125.(81 Medium milkers 6000@K<0.00 Slock calves. 250 to 450 lbs.. [email protected] —Heifers and Cows— Good to choice heifers 12 [email protected] Medium heifers 10.0o@1100 Common to light heifers.... [email protected] Choice cows 10 50ftj 12.00 Good to clioice cows 9.904J10.50 Fair to medium cows 7.50 ft 9.00 Crnners 5 Uo@ 'I.OO Cutters C.oo@ 8.00 SHEEP ANI* LAMBS. Good to choice Hheep P.oo@ 10.30 Fair to good*Sheep S.oo@ 9 00 Common to medium sheep 5.006S 8.00 Bucks 7.00@ 8.00 Good to choice yearlings .... 10.00'q 12.00 Good to choice native lambs.. l7.U*6jp 18.00 Good to choice westerns [email protected] Good to choice westerns, clipped 17cV)WlM.OO Good to choice spring lambs. 17.006418.00

Other Live Stock CINCINNATI. May 13— Hog* Receipts, 6 500: we:iV nnd 25c to 50- lower; heavy. [email protected]; mixed and medium, i$18; light, $14.75; pig*. $13.50; rough*. ,$11; stags. $8.50. Cuttle- Receipts. 500; steady; bull*, strong; calves, $13.50. j Sheep—Receipts, 300; steady I CLEVELAND. May 13.—Receipts, '3.000; market steady; yorkers, $15.50; j medium. sl4; pigs, $15.25, roughs, $11.75, ! stags. $9. Cattle- Receipts. 300; market ! steady. Sheep and lambs—Receipts, 500; ! market steady; top, $lB. Calves—Ueceipts. 500; market lower; top, sls. PITTSBURG. May 13.—Cattle-Re. ceipls fair: slow; choice, $13@132i0; $12.50@13; fair, $126f12,V); veal calves. SI 4.506615. Sheep and lamb* Receipts fair: market slow; prime wethers, sll@ 11.50: fair mixed. $8@0; spring lambs. $76(17. Hogs Receipts. 25 doubles; market higher; prime heavies, $14,236$ 14.50; mediums $15,756/16.00: heavy yorkers. $15.75@16: light yorker*. SIS6J 15.25; pigs. sls@ 152*0; roughs, $116412; j stags. $7@S. CHICAGO. May 13.—Hogs Receipts, i 35.000: market active and steady; bulk, [email protected]; butchers, sL'!.6s@ 13.20; packers, sl2 256*14.75; light, [email protected]; pigs. $13.2f>@14.75; roughs. [email protected]. Cattle —Receipts, 11.000; market 25c up; beeves. $10_506/>l3; butchers, $7.75@ 13.85; canner Band cutters. $5@,8.50; stockers and feeders, $7.50@1L25: cows, $10.5060 14: calves, $10.756/T3. Sheep—Receipts. 6,000; market active; lambs, $11.50@21; ewes, $4.50. EAST BUFFALO. May 13.—CattleReceipts. 325; market, heavy: shipping steer*. $13,506/14: butcher* grades. s9@ ; 13; cows, $ I @10.50. Calves Receipts, 900; market, active, 25c up; culls, choice. Jfifo 15.75. Sheep and lambs—Receipts, 2,000; market, active and 25c to 50c lower; choice latubs. $lB [email protected]; culls to fair. $106*17.30; yearlings, sls@'l6; sheep, $56/) 14. Hogs—Receipts, 3,200; market, active and steady; yorkers. sl6; pigs. $15.50@ 15.75; mixed. sl6; heavies. $156615.50, roughs. sll@l22*o stags, s7@9. EAST ST. LOUIS. May 13.—CattleReceipts, 3,000; market, steady; native beef steers, $96*12.25; yearling beef steers and heifers, $106013.75; cows, $8.25 6011; stockers and feeders. $.86011; calves, $126014; choice veal calves, $4,256/7. Hogs—Receipts, 82)00; market. 10c to 35c higher; mixed and butchers. $14,606/15.10; good heavies, $132)06/11215. Rough heavies. $116*12; light, $14,856/15.10; pigs, [email protected]; bulk of sale*. $1 [email protected]. Sheep—Receipts, 1,200: market, steady; ewes. $9.506011; lambs, $17.50@ 19.50; eannrrs and cutters, $56082)0. Urges Wide Selling of U. S. Securities Speaking before a large audience In the Athenaeum last night, A. O. Eberbart, former governor of Minnesota, declared the only way to stop the rapid spread of (bolshevism Is to scatter the securities both of the nation and of its leading enterprises among the citizenship in general and particularly among the employes in industries. CHICAGO PRODUCE. CHICAGO, May 13.—Butter—Creamery extras, • sT*fcc; creamery firsts, 57c; first*. 53@56%c; seconds, 47@50i\ Eggs —Ordinaries. 38@30c; firsts, 40<g41c. Cheese—Twins. 27c; Young Americas, 29c. Lire poultry—Fowls, 36c; ducks, £Bc; geese. 20c; turkeys. .'Joe. Potatoes— car#; Wisconsin and MinusAlw S7JS**ZSO.

INDIANA DAILY TIMES, THURSDAY, MAY 13, 1920.

GRAINS IN SLUMP AFTER CLIMBING Bulls Hesitate Because of Rail Strike Talk. CHICAGO, May 13.—Grain futures continued nervous and irregular on the Chicago Board of Trade today, after opening weak. Tie market recovered for a few minutes in early trading on good buying, but slumped as the selling conflnned to exceed the demand. There was hesitancy on the part of the bulls because of continued rumors of a threatened railroad strike. At noon the market recovered slightly. May corn opened late at $1.95%, down 1%0. and later gained %e; July opened at $1.77%, unchanged, and later lost %e: September opened down %c at $1.64, and remained unchanged. May oats opened at $1.05%, down %c, and later was up %c; July opened up %e at 93%c, and later gained %e; September opened at 77c, unchanged, and later was down %r. Provisions were lower. CHICAGO GRAIN. —May 13— CORN —Open. High. Low. Close. May. 1.95% 1.97 1.94 1.94% *2% July 1.77% 1.78% 1.74% 1.75% *l% Sept. 1.64 1.65 1.61% 1.62% *l% OATS— May. 1.05% 1.06% 104% 1.04% -1% July 93% 93% 91% 91% *T% Sept. 77 77% 75% 75% *l% PORK— Mav. 36.40 36.50 36.25 36.35 * .05 July 37.37 37.50 37.25 37.35 • .05 LAUD— Mav. 20.90 20.95 20.75 20.75 * .35 July 21.82 21.82 2L42 21.42 * .52 RIBS— July 19.30 19.30 19.00 19.05 • .30 •Decrease under yesterday’s close. CHICAGO CASH GRAIN. CHICAGO, May 13. -Close: Wheat— No. 1 red. $3.10. Corn- No. 2 mixed, $2.13: No. 1 white, $2.11: No. 2 yellow, [email protected]; No. 3 mixed, $2.12; No. 3 white, [email protected]; No. 3 yellow, $2.12; No. 4 white, $2.10; No. 4 yellow, $2.11. Oats -No. 2 mixed, $1.11: No. 2 white, 51.14%4fj1.16; No. 3 white, *1.130143; No. 4 white, $1.11; standard, [email protected]. TOLEDO CLOSE. TOLEDO, May 13. —Corn- No. 3 ycllo e cash. $.1.05. Oats No. 2 white cash, $1.25 @L26. Rye—No. 2 cash. $2.20. Barley— No. 2 cash, $1.78. Alsike not quoted. Clovcrseed—Cash, $245 ; October, $24.10; December, $25.10. Timothy—l9l7 and 1918 cash. $5.45: 1919 cash, $5.50; March, $5.89; May, $5.50; September, $5.80; October, $5.00; l>e,ember, $5.65. Butter —66c. Eggs—46c. llav $42.

INDIANAPOLIS 4 ASH GRAIN. —May 13Corn Steady; No. :: white, $210%@ 2.11%; No. 3 yellow, $2.1/7%; No. 3 mixed 2:07%. Oats—Steady; No. 2 white, $1.24; No. 3 white, $1.22%; No. 4 while. $1.21% Hay—Firm: No. 1 timothy. 4KU-41.50; No. 2 timothy, slik.; V* 5o; No. 1 light clover mixed. $4 [email protected]; No. 1 clover mixed, s3s9Ao@4o. —lnspections Wheat No. 3 red, 2 cars; sample, 1 car; total, 3 ,-ars. Corn—No. 2 white, 5 cars; No 3 white, 2 cant; No. 2 yellow. 1 nr; No. 3 yellow, 6 cars; No. t yellow, 1 >ar; No 6 yellow, 2 cars; No 3 mixed. 8 cars; No. 4 mixed. 1 car; total, 20 cars. Oats—No. 1 white, _• ears; No. 2 white, 11 cars; No 5 white, 5 cars; No. 4 white, 2 ■ ars! total. 20 cars. Hay No 1 timothy, t car; standard timothy, 2 cars; total, 3 cars. WAGON MARKET. The following arc the Indianapolis price* of hay and grain by the wagon load : Hay Loose timothy. $57038 a ton: mixed, s.£<@3B; clover. $32@30; bale., $lO @42. Corn $1 KV.I ! .90 bu. Oats—sl.l(Va 1.15 bu. Straw Wheat. $S ton; oats, slt@ls. WAGON WHEAT PRICES. Indianapolis elevators and mills are paying $2.90 for No. 1 wheat, $2.87 for No. 2 aud $2.84 for No. 3. All other grades according to quality.

Wholesale Meats PORK. HAMS Regular, 11 to 16 lbs .41 Kkicued. 12 to 14 lbs .42 Kancv bellied .60 BACON— Fancy breakfast, 5 to 7 lbs.. .51 4 Sugar-cured. 4 to 6 lbs av.. ..Vl’-j Fancy sliced, 1-lb. cartons... 2m IMCINCS Hugiir-cured. 5 to 7 lbs .25 * .-• i.T MEAT Dry salt Jowl butts ..'744 LAUD— Refined, tierce basis .23 Open kettle, tierce basis.... -23’[email protected] KRENII PORK Spare ribs .22’^ Shoulder bones ,'lk Tenderloins 82@ 64 Dressed hogs .23><j Extra light loins 4 to 6 lbs. .37Vs Light loins, 7 to 9 lbs .36 Fresh boneless butts .3M* Boston butts 28'^ Skinned shoulders 2*l SAUSAGE— Fresh links ,26V, Country, bulk .2314 Bologna Krankfurts. hog casings .20 FRESH IS EE KM. Medium steers, 400 to 000 lbs, 20 No. 2 heifers .20 Native cows IS<^@.l9'4 Medium cow# .17 LOINS— No. 3.20 U, RIBS— No. 2 .25 No. 3 .23 ROUNDS— No. 3 27 Vj No. 2 .27 V* CHUCKNo 3 ,14'A PLATES— No. 3 41V4 VEAL. No. 1 quality 20*~6i.23 No. 2 quality , 14Vb@-17

j WHOLESALE FKF.D PRICES. (Acme-Kvana Cos.) FEED PRICES. Ton Sax. Cwt. Ac. Bran $61.00 s.;,io j Ac. Feed 64.00 325 ' Ac. Midds 68.00 345 ; Ac. Dairy l-'eed 79.25 4.00 I E-Z Dairy Feed 70.00 5.55 Ac. H. A M 86.50 4.35 O. A B. Chop 71.00 5 75 Ac. Stock Feed 70.25 3.55 Ac. Farm Feed 75,50 580 ! Crack Corn 83.25' 4.20 Ac. Chick Feed 83.00 4.20 Ac. Scratch so.oo |,05 E-Z Scratch 77.50 5.90 Ac. Dry Mash 83.00 120 A*'. Hog Feed SI .50 4.10 Ac. Barleycorn 86 00 4.35 Ground Barley 88.00 4.45 Ground Oats ............. 86.00 4 55 llomlik White.............. 85.25 430 Rolled Barley 88.00 445 Alfalfa Mol Oil Meal . 83.00 420 Cottonseed Meal 80.00 4.05 GRAINS. Shell Corn, small lotx, bn $2.08 Shell Corn, large lots, bu 2.07 Shell Corn, 2 bu. s;l.v 2.18 Oats, 3-bu. sax, bu 1.41 Oats, bulk large, bu 1.54 Oats, less 100 bu. bu 1.35 Chicken Wheat, cwt. sacked 4.00 CORN MEAL AND FLOUR. Corn meal, ewt., net $5.00 E -7. Bake bakers’ flour, 98 lbs, cotton sacks 15.40 LOCAL HIDE MARKET. Green Hides—No. 1,18 c; No. 2,17 c. Green calve-s —No. 1. 35c; No. 2. 33Vie. Horsehides—No. 1. $11; No. 2, $lO. Cured hides—No. 1. 21c; No. 2. 20c. Permit for $50,000 Garage Granted A permit, was granted to the Carey Realty Company today by Walter B. Stern, building commissioner, for the erection of a one-story garage at 35-37 West Thirtieth street covering an area of 120 by 102 feet and costing $50,000. E. C. Atkina A Cos. will tyutld a twostory factory building at Henry and Eddy streets at an estimated cost of

Housewives’ Market Fresh select eggs show a slight increase over last week, with the best at 47c. Prices of meat show no reduction for the first quality stuff all through the list. Creamery butter has taken a decided drop within the last few days, with 65c as the present average top. Strawberries continue to be a popular buy. with the ruling price at 40 cents a quart and extra fancy Louisiana at 50e. Sugar is selling at a range of 7 cents on the city market, with the majority of housewives glad to get it by the scant pound or two at any old price. LATEST FRICES. The following prices are the general prices charged at the city market, ob tamed by striking an average of the prices charged at various stands: Apples, choice, per lb $ .10@13 Asparagus, home-grown, according to size of bunches.. .5@15 Bananas, doz 25@40 Beaus, navy. It* Beans, lima, lb .17 Beans, string, lb .25 Beans, Colorado pinlus, 1b.... .10 Beaus, green .25 Beans, kidney -18 Carrots, 2 bunches .15 Cabbage, lb 10 Celery, bunch 10@25 Cucumbers, hothouse, each 25(q!30 Grapefruit, eacli 75@20 Kale, home-grown, lb .25 Lemons, per doz 20@30 Lettuce, leaf, per lb 250 Head lettuce, each -25@35 Onions, per lb .10 Onions, Texas Bermuda, 1b.... .15 Onions, green, bunco .10 Oranges, dozen [email protected] Parsley, per bunch .05 Peppers, green Florida .10 Pineapples 30@35 Potatoes, peck 1.40 Potaoe-, lb .10 Potatoes, new. 1b....". .20 Potatoes, sweet. 3 lbs .25 Radishes, 3 bunches .10 Rhubarb. 3 bunches .10 Spinach, lb -25 Strawberries, qt. box .40(850 Sngar, soft A -27 Sugar, granulated 27@34 Green peas, lb .25 Greeti peas, telephone, lb .25 Scotch peas .12% Split peas, yellow .12% Split peas, green -IS MEATS. The following prices are on first quality No. 1 government inspected meats only. Lamb chops, id .60 Leg of lamb... .50 Rolled ham, per lt> .80 Smoked hams, per lb ,35f$ti0 Round steak, per lb .40 Fresh beef tongue 30@35 Rib roast .40 Chuck roast .30 Flank steak .35 lieef tenderloin .70 Fork chops .45 I’ork tenderloin .75 Porterhouse steak .50 Chuck steak 35 Roiling beef 1 Sift 20 Bacon lO'qiVi Isjln steak .40 Hams, whole .40 Lard, lb .27% Lamb stew 15@25 Sparertbs, lb .25 '.moulders, fresh beef .:■/} Shoulders, fresh pork ...35 Beef liver .15 Veal, breast .50 Veal chops 35@40 Veal steak ..'>o Calf liver 30@:!5 Beef liver .1$ PRODUCE. liens, full dressed, lb .55 Live hens .42 Five springer* 7! Eggs, fresh, select, doz 45@47 IHti-k eggs, do* .50 Butter, creamery, tb 63@K35 U. S. Scans Profits of Wool Company WASHINGTON. May 13.—The department of justice is investigating complaint* of alleged excessive profit* made hy the American Woolen Company. As slstant Attorney Genera! Garvan -dated today He refus.-d *o state the source of the complaints or the action the department ha* taken.

$ 495. for this Balance on the iJCUan GIBSON PLAN People who appreciate the SU- lor cver - v occasion and every condition, preme riding comforts, that We will be glad to demonstrate and to exonly a closed car can give, can about tie Gibson Plan of casy gratify their desires by the very expenditure of the |he GIOSOn Company S4Jo. til st payment. CAPITOL ave. at MICHIGAN st. . Bell, Main 232—Auto. 3455-11. This sedan, the Overland, is singularly ' rvington Salesroom—Ritter Ave. and E. Washington St, 11 ill' Branches at Terre Haute, Vincennes, Lafayette and Munci#. eoml 01 table, exceptionally good look- ind., and at oanvme, m. <+ ing, and, what is quite to the point, is very economical to run and maintain. \/ 8 ✓ Why not ride in a Sedan and sit secure in | a ear that protects von from other motorists’ 'j \ ■ dust on the crowded road —that is snug and s ~~ y _ irinter, while^t— ing so tree and X

COTTON MARKET MOVING UPWARD Trade Buying and Covering by Shorts Have Effect. NEW YORK, May 13.—An active buying movement took place at the opening of the cotton market today. Prices jumped 15 to 19 points, followed by further gains shortly after. Foreign and domestic trade interests and Wall street shorts led S.he purchasing. At the end of the first. 20 minutes, the undertone was firm, with prices 20 to 28 points higher. Opening prices: May, 40.60 c; July, 38.20 c; August, 37.30 c bid; October. 36.10 c; December, 35.20 c; January, 34.45 c; February, 34.20 c bid; March, 33.95 c bid. The close was neariy steady near the low levels of the day, with prices unchanged to 12 points lower. Spot cotton quiet. Prices 10 points lower at 41.30 c. There were no sales. LIVERPOOL. May 13.—Spot cotton opened with a fair request. Prices firm. Sales. 6.000. American middlings fair, 32.04d; good middlings, 28.79d; middlings, 26.54d ; full middlings. 27.79d ; low middlings, 23.24(1; good ordinary, 20.04d ; ordinary, 19.04d. Futures quiet. DUESENBERG TO LOCATE HERE (Continued From Page One.) ing by mail from men appreciating Mr. Deusenberg's reputation as an automobile engineer. Negotiations ,iwith the Duesenberg company to induce It to choose Indianapolis as its manufacturing center were started last January by Myron It. Green, director of the bureau of industry, following receipt of a report that there was to be a Duesenberg car manufactured. Mr. Worthington has held frequent conferences for several months with the officers of the company, conferring with them on preliminary organization plans. “Prominent business men of Cleveland,’’ Mr. Worthington said, “have been bolding out attractive inducements for them to locate in Cleveland, but after strenuous efforts we have succeeded in inducing them to locate at Indianapolis. “While the Duesenberg motor not only holds many speed records, the motor also has been successfully used in pleasure cars, aeroplanes, tractors and as a marine motor.

"In the future, however, it will be confined to pleasure ears manufactured In the Indianapolis factory bearing the name of ‘Duesenebrg.’ “Their selling organization is complete and thev will come to Indianapolis with bona fide orders from licensed dealers under contract for five years to insure their output for the full five-year period. During the war Duesenberg’s plant at Elizabeth. N. J., was turned over to the government for the manufacture of aeroplane motors of 850 horsepower, these being the largest motors of their type in the world. After the war the company's plant was sold to the Wyllis corporation. As soon as present contracts expire, which will be in u few months, no manufacturer will be permitted to use the Duesenberg motor, except the Duesenberff Automobile and Motors Company, and the motors for the new car will be manufactured at the Indianapolis plant. WHOLESALE I’BODCrE. Wholesalers are paying the following prices In Indianapolis for eggs, poultry and inciting stock butter: Eggs—Fresh. 40c. Poultry—Fowls, 32e; broilers. 11$ to 2 lbs. 60c; cocks, 1.8 c; old tom turkeys, 30c; young tom turkeys, 12 lbs and up. 35c; yonng hn turkeys, 8 lbs and up, 35c; cull thin turkeys not wanted; ducks, 4 lbs and up. 22c; ducks, under 4 lbs. ISc; geese, lOlbs and up, 18c; squabs, 11% lbs to do*. $7.50. Butter—(’lean packing stock. 33c lb; fresh creamery butter, in orints. is selling at wholesale at 61@rt2c; in tubs. 62c Butter Fa? —Indianapolis buyers are paying t52@63c. Cheese (wholesale selling prices)— Brick. 296;30c lb; New York cream. 33c; Wisconsin full creatn, 34@35c; longhorns, 34@35c; limburger, 38-\

On Commission Row Pineapples are in demand, with the top prices slightly lower. New Texas potatoes are on the market at $12.50 per hundredweight. Barreled fancy Texas cabbage is selling as low as 4 cents a pound. Both leaf lettuce and Iceberg head lettuce have yielded somewhat in quota- ] tions. Louisiana strawberries are in active demand at from $9 to $lO per 24-quart case. Commission merchants say it is difficult to get the smaller sizes of grapefruit wanted by many housewives. TODAY'S PRICES. Apples—Barrels. sß@l2; (boxes, s3@ 4.50; basket, [email protected]. Asparagus—Fancy homegrown, doz, 60c. Bananas—Pound, Bc. Cabbage—Fancy Texas, bbls, 4c. Beans—Michigan navy, in bags, per lb, B%c. California Limas, in sacks, 13c lb; marrowfat, per lb, 10c; fane} - Florida, green, per hamper. $3.50. Celery—Florida, $6@."7: per doz, $2. Cucumbers—Fancy hothouse, per doz, $3. Dates—Box 3 doz, [email protected]. Grapefruit—Extra fancy Floridas, $5.25 @7.50. Kale—Per bu, $2.50. lemons-Extra fanev California. $5.25 @5.50. Lettuce—Leaf. Ib 22@25c; Iceberg head lettuce, per crate, $5. Mangoes—Fancy, 2-doz basket, $1.50. Noodles—lo-Ib box, $1.20Oranges—Extra fancy California navels, $5.50@9; Valencias, [email protected] l Onions—Fancy new Texas white, 50-lb | crate. $3.50; same yellow, $5.75; homegrovg>. green, 20c doz. Onion Sets—Fancy yellow, per bu, $3-50. Parsnips—Fancy. 35-lb hamper, $1.65. Parsley— Fancy homegreen, 35c doz. Peanut Butter —Pails, 15 to 50 lbs, 20 @22e. Peas—New Mississippi green, per htmper. [email protected]. Pieplant—Fancy homegrown, 35c doz. Pineapples —Ripe Havanas, s6@7. Potatoes—Northern whites, $8 per 100 lbs; sl2 bags; new Texas. $12.50 per 100 lbs. Radishes Homegrown, button, 35c doz; long, 35c; southern long. 35c. Rice—l4@lsc lb. Spinach—Fancy, per bn, $2 23. Strawberries—Louisiana, 24-pt case, $4.50@5; 24-qt case. s9@lo. Sweet Potatoes—Fancy Jerseys, $3.50 per hamper; fancy southern Nancy Halls. 40-!b basket, $3.50. Seed Sweet Potatoes —Indiana grown, yellow Jerseys. sl.7’ per bu; same Nancy I Halls, $1.75 per bu. Tomatoes—Basket, $2.25.

Second Mortgage Real Estate Loans MADE ON GOOD FARMS AND IMPROVED CITY PROPERTY. GIBRALTER FINANCE CO. 108 N, Delaware. INDIANAPOLIS Main IGIB. INVESTORS, INVESTIGATE We offer for immediate acceptance what is considered one of the country’s safest and most profitable securities. We recommend an immediate investigation, and purchase es these securities. Further details gladly given. I. M. TAYLOR & CO., Inc., BANKERS 7 Wall St„ New York T. H. COREY, Mgr. 208 Hume-Mansur, Indpls. We are pre- | on farm and pared to make SL#l Ylcity property THOS. C. DAY & CO. Alcohol, Turpentine, Benzol, Rosin ALL GRADES—WHOLESALE. ADVANCE PAINT COMPANY ' l >, REVERE MOTOR STOCK E ™ ® Sell 415 Lemcke Building iJDD

STATE TO TREAT 1 HOGS AT YARDS! Sanitary Service by Experts 4 Cost 30 Cents Each. Hogs at the Union stock yards w® disinfected, sprayed, treated and examined under state live stock sanitation board experts -at t cost of 30 cent* head, according to a rtlling mada by It. E. Northrup, state veterinarian. This announcement follows the meeting of a committee, composed of Edward Chambers, Rushville; J. W. Lawson, representing the Farmers’ Federation of Indiana, and Charles Sedwick of the stock yards, with Mr. Northrop. Farmers may select sernms of any recognized brand, and treatment with serum will be given at manufadorers* cost. Says Car Shortage Being Reduced Daily WASHINGTON, May 13.—The nationwide car shortage is being reduced daily Chairman Kenlall of the car service commission said today. The shortag? can not be permanently eleminated, railroad officials say, the roads better their financial conditions to an extent, enabling them to order thousands of new cars.

J. F. WILD, JR. BROKER 315-320 Lemcke Bldg. High-Grade Speculative Investments Opportunity for Salesmen Phones: Main 1734, Auto. 21-733.