Indianapolis Times, Volume 33, Number 18, Indianapolis, Marion County, 1 June 1920 — Page 11
RESERVE ACTION BREAKS STOCKS Prices Recede Further After Weak Opening. NEW YORK, June X.—The raising of Stfce rediscount rate by the Federal Reserve bank was reflected, in losses of from 1 to more than 3 points at the resumption of business on the stock exchange today. Steel common fell 214 to 91%. Crucible was off more than 2 points at 132 and Baldwin 1% to 113. The market had a rally shortly after the opening, but it did not last long, traders again taking the short side. Most of the early selling was of professional character. Steel common sold down to 91%. as compared with Saturday’s high at 94%. and Pan-American Petroleum sold off nearly 6 points from its recent high. The market closed heavy, with business small and almost entirely professional in the final hour. Rallies of about 1 point in the last hour were lost toward the close. Mexican Petroleum yielded more than Appoints to 171% and Pan-American Petroleum fell to 101%. Steel common, after crossing 92, dropped again to 91%, and Baldwin slumped to 111%. Railroad shares yielded fractionally In the final dealings, Southern Pacific closing at 93%. Call money rates, which had been 6 per all day. Jumped to 10 during the last half hour and sell'ng of motors and oils were renewed. Offerings of stock, however, was small. Tobacco stocks held most of a rally of the early afternoon. Government bonds were unchanged, while railway and. other bonds were weak. Total sales, 519,000 shares; bonds, $12,010,000. MOTOR SECURITIES. (By Thomson A McKinnon.) —June 1— Opening Bid. Ask. Briscoe 50 54 Chalmers com 4 6 Packard com 21% 21% Packard pfd 90 92 Chevrolet 25® 500 Peerless 42 45 Continental Motors com 9% 9% Continental Motors pfd 97 99 Hupp com 10% 17 Hupp pfd 90 107 Reo Motor Car 22 24 Elgin Motors 8% S% Grant Motors 8 6% Ford of Canada 350 270 United Motors 45 85 Tederal Truck 29 33 Paige Motors 30 31% Republic Truck 40 42 -m , ACTIVE OIL STOCKS. —June 1 — (By Thomson & McKinnon.) —Opening— Bid. Ask. Anglo-American Oil.. 22% 23% Atlantic Refining 1250 1340 Borne-Scrymser 450 475 Buckeye Pipe Line 86 89 Chesebrougb Mfg. Cons 215 230 Cosden Oil and Gas 6% 674 Crescent Pipe Line 30 32 Cumberland Pipe Lins 128 135 Elk Basin Pete 7% 8 Eureka Pipe Line 98 102 Galena-Signal Oil pfd 90 95 Galena-Signal Oil com 50 55 Illinois Pine Line 135 160 Indiana Pipe Line 87 90 Merritt Oil 15% 1% Midwest Oil 1% 2 Midwest Rf* 143 144 National Transit 26 2S New York Transit 160 165 Pipe Line 95 100 Oil 30S 313 Penn.-Mex 42 45 Prairie Oil and Gas 565 580 Prairie Pipe Line 208 215 Sapulpa Refg 5 5% Solar Refining 345 370 Southern Pipe Line 112 115 South Penn Oil 290 297 Southwest Penn Pipe Lines. 64 69 Standard Oil Cos. of Cal 318 322 Standard Oil Cos. of Ind 690 705 Standard Oil Cos. of Kas 540 570 Standard Oil Cos. of Ky 365 380 Standard Oil Cos. of Neb 423 473 Standard Oil Cos. of N. J 685 705 Standard Oil Cos. of N. Y.... 393 398 Standard Oil Cos. of 0hi0.... 425 450 Swan & Finch 85 95 Union Tank Line 108 112 Vacuum Oil 345 355 Washington Oil 27 33 CHICAGO STOCKS. —June I. (By Thompson k McKinnon) Open Close Armour pfd 97 96% Carbide and Carbon 67% 66% Cudahy Packing Cos 91 91 Diamond Match 106 106 Libby 23% 22% .w.iu'nmcry Ward .., 31% 317% Sears-Roebuck 218 216 Stewart-Warner 40% 40% Swift A Cos 11l 110% Swift International 37% 37 Ljetted Paper Board 23 23 Carbide 67% 66% Today’s Market Gossip (By Thomson & McKinnon's Wire.) STOCKS—Capital stock of the American Sumatra To! acco Company has been Increased from $15,000,000 to $25,000,000. Chino Copper Is reported to have been bought for inside account during the last week, on tue belief that the copper* Eavo turned the corner in the market. Better conditions are reported, and this is expected to react to the advantage of producers in the class of Chino. The weekly statement of the federal reserve system shows the ratio of reserve to liabilities unchanged at 42.i per cent. J. P. Morgan A- Cos. and the Guaranty Trust Company of New York today offered $50,000,000 twenty-five year 7% per cent Belgian sinking fund bonds. Os the amount 52.000.000 will be redeemed annually at 115. Cotton —The Times-Plcayune placet the cotton condition at 67.4 per cent of normal In Us crop estimate. The Journal of Commerce report shows a surprising Improvement in Texas and Oklahoma. In the Cotton Markets NEW YORK, June I.—Members of the cotton exchange today voted unanimously to change the by-laws specifying a form ' of contract according to*the specifications set forth in the rider to the wheat purchase act, which expired last night. Uncertainty regarding the legal status of the contract forced the closing of the cotton exchange today, but the opinion was expressed that the market would resume trading tomorrow. The style of contracts as provided in (federal statutes eliminated several grades of cotton from those which would constitute a delivery on contracts. The fear that sharp traders could set a claim in law that the expiration ol federal statute automatically caused a reversion to the old style contracts caused the authorities of the exchauge to believe that It would be safer to have the kinds of contracts which would constitute delivery specified by a vote or the members. NEW ORLEANS, June I.—Cotton futures were dull today, opening 8 points higher to 29 points lower and advancing 5 to 14 points further. On continued favorable weather reports* prices later declined 8 to 40 points below the opening levels. The market closed quiet, 19 to 32 points net lower. Open. High. Low. Close. July 38.00 38.0S 37.61 37.72 October 34.90 34.95 34.50 34.76 December 33.91 33.91 33.55 33.73 January 33.30 33.30 33.05 33.10 March 32.55 32.69 32.47 82.50 LIVER-POOL, June I.—Spot cotton, dull; prices steady; sales, 3.000 bales. American middling fair. 32.37d; good middling. 29.62d; full middlings, 28.37d; middling. 27.12d; low, 23.82d; good ordinary, 20.62; ordinary, 19.62(1. Futures were steady. “foreign Exchange Market Steady NEW YORK. June I.—The foreign exchange market held steady through the flay, with slight changes. Demsnd sterling eased off to 391% la the afternoon. Franc checks slid off 5 to 12.87 and Belgian cables 2 to 12.32. Lire demand held around 16.78; cables, 16.85. Marks demand were .0260; cables, .0262. Canadian dollars were .8885.
Local Stock Exchange BTOCK.9. —June 1 — Bid. Ask Ind. Ry. & Light com 55 ... Ind. By. & Light pfd Indpls. k Northwest, pfd Indpls. & Southeast, pfd f® •Indpls. St. Ry 53 63 T. H., T. & Light pfd 88 T. H„ I. & E. com 12% T. H., I. & E. pfd 9 12% U. T. of Ind. com 1 U. T. of Ind. Ist pfd 1® U. T. of Ind. 2d pfd 2 Advance-Rumely Cos. com.. 34 Advance-Rumely Cos. pfd.. 63 • ••' Amer. Central Lite ‘-’33 Amer. Creosoting Cos. pfd... 97 Belt Railroad com 99 110 Belt Railroad pfd 47 Century Building Cos. pfd... 98 ••• Cities Service com 331 3oC Cities Service pfd 64% 65 Citizens -Gas Cos - 28% ••• Dodge Mfg. Cos. pfd 99% ... Home Brewing 55 Indiana Hotel com 60 Indiana Hotel pfd 94 Ind. National Life 4 % ... Ind. Title Guaranty 63 *0 Ind. Pipe Line 87 ... Indpls. Abattoir pfd 47 54 Indpls. Gas 48 53 Indianapolis Gas 48 o3 Indpls. Tel. Cos. com 2 Indpls. Tel. Cos. pfd 75 Mer. Pub. Util. Cos. pfd 53 National Motor Cos 15 20 Public Savings ‘. 2% ... Ruah Fertilizer pfd 50 Standard Oil Cos. of Indiana.. 690 . Sterling Fire Insurance .... 8% 0% Van Camp Hdw. pfd 97 Van Camp Pack, pfd 97 Van Camp Prod. Ist pfd.... 97 Van Camp Prod. 2it pfd 97 ... Yandalia Coal com *0 Wabash Ry. com 8 Wabash Railway pfd 23 •Ex-divldend. RANKS AND TRUST COMPANIES. Aetna Trust 100 ... Bankers Trust US City Trust 82 85 Commtercial National 65 75 Continental National 112 Farmers Trust 200 Fidelity Trust 120 Fletcher Americnn National. 256 Fletcher far. k Trust Cos 163 Indiana National 272 > 290 Indiana Trust 195 ... Live Stock Exchange 382 ... Merchants National 268 ... National City 114 People’s State 176 Security Trust 120 States Savings & Trust .... 85 90 Union Trust Cos 340 Wash. Bank k Trust Cos 140 BONDS. Broad Ripple 5s 45 Citizens St. Ry. 5s 74 80 Ind. Coke & Gas Cos. 6s 88 Ind. Creek Coal & Min. 6s— 98 ... Ind. Northern 5a Ind. Union Traction Indpls., Col. k South. 55.... 88 ... Indpls. k Greenfield 5s 90 Indpls. & Martinsville 55.... 58 Indpls. & North. 55..., 32% 3!) Indpls. k Northwest. 5s 60 Indpls. k Southeast. 5s 44 Indpls., Shelby. & S. E. 5s 90 Indpls. St. Ry. 4s 56 60 Indpls. Trac. & Ter. 55..... 64 Kokomo, M. A W. 5s 82 85 T. H.. L A E. 5s Union Trac. of Ind. 5s 52 62 Citizens Gas 5s 72 80 Ind. Hotel Cos. 2d Cs 06 100 Indpls. Gas Cos. 5s 72 80 Ind. L. & H. 5s 75 82 Indpls. Water 5s 87% 91 Indpls. Water 4%s 70 80 M. H. k L. ref 5s 87% 93 New Tel. Ist 6s 94 New Tel. Long DUt. 5s 93% ... South. Ind. Power 6s 90 LIBERTY BONDS. Liberty 3%s 91.22 91.62 Liberty first 4s 87.10 .... Liberty second 4s 86.50 .... Liberty first 4%s 88.90 87.30 Liberty second 4%s 88.30 86.70 Lihertr thir£ 4%s 90.00 90.50 Liberty fourth 4%s Victory 3%s 95.72 9600 Victory 4%s 95.80 96.04 —Sales—sl,ooo Liberty fourth 4%s 87.00 Local Bank Clearings Monday $3,238,000 Same day last year 1.986,000 Increase over last year $1,252,000 WHOLESALE PRODUCE. Wholesalers are paying the following prices in Indianapolis for eggs, poultry and packing stock butter: Eggs— Fresh, 37c. Poultry —Fowls, 30c! broilers. 1% to 2 lbs, 50c; cocks, 18c; old tom turkeys, 20c; young tom turkeys. 12 lbs and up, SOc: young hen turkeys, 8 lbs and up, 35c; cull thin turkeys not wanted; ducks, 4 lbs and up. 22c; ducks, under 4 lbs. 18c; gee*e, 10 lbs and up, 18c; squabs. 11 lbs to do*, $7.50. Butter—Clean packing stock, 33c lb; fresh creamery butter. In prints, is selling at wholesale at 59®60c; In tubs, 58c. Butterfat— Indianapolis buyers are paying 00®81c. Cheese (wholesale selling prices;— Brick. fJ®3oe lb; New York cream. 33c; Wisconsin full cream, 34035 c; longhorns, 34®35e; Umhurger, 38c. CHICAGO PRODUCE. CHICAGO, June I.—Butter—Receipts, 12,408 tubs; creamery extra, 52%c; stand ard, 51%c; firsts. 47®51c; seconds, 41@ 46c; packing stock, 43046 c. Eggs—Receipts, 3,442 cases; current receipts, miscellaneous, 37039 c: ordinary firsts, 35% ®36%c; firsts, 39040 c; extras, storage. 41%@42%c; cheeks, 30@34c; dirties, 32® 35c. Cheese—Twins, new. 27c; daisies. 27%@25c; young Americas, 29®29%c; long horns. 29®29%c; brick, 28%@29c. Live poultry—Turkeys. 35c; chickens. 35%c; springs, broilers, 45055 c; roosters, 2*v*; geese, 20c; ducks, 30c. Potatoes—Receipts, 64 cars; Minnesota, Dakotas, Ohio, $7.9008.10; frozen, Wisconsin, $7.9008.10. CLEVELAND PRODUCE. CLEVELAND, June 1. —Butter—Creamery, In tubs, eitra, 58%®59e; extra fancy. 59%@60c; firsts, 56%®57c; prints lr higher; seconds, ss®-53c; packing, •14%c. Eggs—Fresh (inhered, extra*. 46c: fresh extras, 46c f northern Ohio firsts, fresh new cases, 42c; old cases, 41c; western firsts. 41c. Poultry—Capon chickens 45c per lb; light fowls, 36® 37c; springers, 40c; broilers, 50055 c. WEATHER TODAY AT 7 A. M. • Bar. Temp. Weath. Indianapolis, Ind. ... 30.00 69 Cloudy Atlanta, Ga 30.12 .. Cloudy Amarillo, Tex 29.92 64 Cloudy Bismarck, N. D 30.02 48 Cloudy Boston, Mass 30.06 06 Clear Chicago, 111. 29.90 68 Cloudy Cincinnati. 0 30.04 70 Cloudy Cleveland, 0 30.06 70 Cloudy Denver, Colo 29.96 46 Cloudy Dodge City, Kas. ... 29.68 68 Clear Jacksonville, Fla. ...30.08 10 PtCldy Kansas City. Mo 29.70 72 PtCldy lioulsvllle, Ky 30 00 70 PtQldy Little Rock, Ark. .. 29.94 72 Clear Los Angeles, Cal. .. 29.86 58 Cloudy Mobile, Ala 30.02 74 Clear New Orleans, La.... 29.98 74 PtCldy New York, N. Y. .. 30.14 62 PtCldy Norfolk, Va 30.22 68 Clear Oklahoma City 29.80 72 Clear ' Omaha, Neb 29.76 68 Cloudy Philadelphia. Pa. ... 30.18 64 PtCldy Pittsburg, Pa 30.08 72 PtCldy Portland, Ore. • 30.22 48 Clear Rapid City, S. D 30.12 46 Clear Roseburg, Ore 30.18 40 Clear San Antonio, Tex. .. 29.86 72 Cloudy Han Francisco, Cal.. 29 88 56 Clear St. Louis, Mo 29.92 68 Cloudy St. Paul, Minn 29.72 64 Rain Tampa. Fla 30.02 76 PtCldy Washington, D. C.... 30.18 66 PtCldy WEATHER SYNOPSIS, JUNE 1. A trough df low barometric pressure extends across the country from Lake Superior to New Mexico, while fields of high pressure occnnpy the eastern and northwestern parts of the country. Showers have fallen from the Ohio valley and Tennessee northwestward to Montana and Saskatchwan. The temperature changes as a rule have not been decided over any large area. The readings are much below normal in the northern Rocky Mountain region, however, where killing frosts and freezing temperatures occurred in several totalities. J. H. ARMINOTON. Meteorolgolst. LOCAL HIDE MARKET. Green hides—No. 1,17 c; No. 2,16 c. Green calves—No. 1,30 c; No. 2, 28%c. Horsehides —No. 1,10 c; No. 2, oc. Cured hides —No. 1. lc; No. 2,18 c.
10-CENT DECLINE, IN HOG PRICES Steers and Calves Advance— Sheep Work Lower. RANGE OF HOG PRICES. Good Good Good May Mixed. Heavy. Light. 26.514.80014.90 [email protected] $14.50014.90 [email protected] [email protected] [email protected] !S. 14.75 @15.00 [email protected] [email protected] 29. 14.50 @ 14.85 [email protected] 14.50014.76 31. 14.50 @14.85 14.00014.50 14.50014.75 June 1. [email protected] [email protected] 14.00014.60 Receipts, 6,000, with 1,100 left over; market, 10c lower. The comparatively large holdover from yesterday gave buyers the upper band in the hog market this mornng and a decline of 10c was effected In the general run of prices. The day’s recepts were of desrable quality and the demand wa9 fair, both of whch served to support the market after the 10c decline. Most attention was given good heavies and mixed lots, with little Interest in roughs and pigs, which displayed an easier tone. The bulk of good hogs went at $14.75, although a few sa.es of extra choice stock were made at $14.85. Shippers were active in the day's dealings. Cattle. Receipts, 600; market, 25c higher. A good demand existed for the better grades of cattle, particularly good steers, and sellers had no trouble In disposing of their stock at the outside price, if quality warranted. The market for the less desirable grades were rather draggy. and while the general range was undisturbed, most or the trading was done at the inside figure. Calves. Receipts. 600; market 50c@$l higher. A sharp demand for calves for eastern shipment caused another upturn in prices, with the best veals bringing sls 50016. Several sales of fancy’calves were made at $16.50, while keen competition for a small lot of extra choice stock sent the price for the lot to sl7. The spirited bidding on the choice stuff was by buyers wishing to top out with the better stuff, shipments destined for the east. Lightweights brought a dollar more on | the inside at $10012.50. Sheep and Lambs. Receipts. 100; market weak. Substituted recessions were scored in sheep prices all along the line, several grades selling as much as $lO2 below the levels of the previous session. Stocks in the pens were much larger than requirements, and buyers had little trouble In getting all they wanted at $7.50 08 for good sheep. There was a slight flrmiug up In spring lambs, the range being $14016. HOGS. Best light hogs, 160 to 250 lbs average $14.50014.85 250 to 800 lbs. average [email protected] Over 300 lbs. average 14.00014.50 Bulk of sows 11.75012.00 Best pigs, under 140 lbs [email protected] Bulk of good hogs 11-75 CATTLE. —Steers— I Prime cornfed steers, L3OO lbs and up 12.50013.15 Good to choice steers. 1.300 lbs and up 12.75013.25 Good to choice steers, 1.100 to 1.300 lbs [email protected] i Good ttm choice steers. LOOO to 1.100 lbs [email protected] Common to medium steers. 900 to 1,000 lbs 8.50011.25 —Bulla and Calves— Good to choke butcher onlls. [email protected] Bologna bulls 7.500 8.50 Light common bulls 6.75® 750 Choice veals [email protected] Good veals [email protected] Medium veals 12.50013.50 Lightweight veals 10.00012.50 —Stockers and Feeding Cattle — Good to flflolce steers, 800 lbs and up 9.50011.00 Common to fair steers. 800 lbs snd up i. 8.500 9.30 Coed to choice steers, under HO lbs 0 00019.06 Comon to fair steers, under 800 lbs 7.25@ 825 Good cows 7.25 m 8.00 Medium to good cows 6.25® 7.00 Good heifers • 6-750 9.75 Medium to good heifers 7.75® 825 Good milkers 100.000125.00 Medium milkers 80.008100.00 Stock calves, 250 to 450 lbs— 6.75010.75 —Heifers and Cows— Good to choice heifers 12.00ff113.50 Mcrlutn heifers 10.00fi11.50 Common to light heifers.... 9.00010.50 Choice cows 10.50fi12.00 Good to choice cows 9.00010.50 Fair to medium cows 7.500 9.00 Canners 6.00® 6.00 Cutters 6.00@ S.oy SHEEP AND LAMBS. Good to choice sheep 7.50® 8.00 Fair to gtxid sheep T.OOfi 800 "Common to medium sneep... 5,000 7.00 Bucks 5.00® S’?® Good to choice yearlings 800(210.00 Good to choice clipped 7.0001 9.0$ Good to choice spring lambs. 14.00010.00 Other Live Stock CHICAGO, June 1 —Hogs—Receipts. "6,000; market lower; bulk, $13.86014.50; butchers. 913 60014.30; uarkers. $12.50® 13.35; light. $13.50014 40; pigs. $11.50(5 13.75; roughs, $12012.30. Cattle—lie- ] celpts. 7,000; market 40c higher; butch- ( ers. $7.75013: canners and cutters, $6.25] @8.50; Stockers and feeders, $901183; cows. $7 60'Tni.25; calves, 50 to 60 lbs. $15016; 70 to SO lbs, $17018; SO to 100! lbs *19020; overweight kidneys, HO to 173 lbs, $lOOl2. Sheep—Receipts, 13,000; market steady. EAST ST. LOUIS. June I.—Cattle—Receipts, 4.500; market steady; native beef steers, $9012.25; yearling beef steers and heifers, $10014.35: cows, Stockers and feeders. $9010.50; calves, $12014; canners and cutters, $4.2507. Hogs—Receipts, 8,000; market steady to strong; mixed and butchers, $14.15014.70; good heavies, $14.25014 50; rough heavies, sll @32; lights, $i1.30fi14.70; pigs, sloso® 12.75; bulk of sales, $14.16(3114.55. Sheep 1 —Receipts. 2.000: mjirket slow; ewes, s9® $9.50; lambs, $15.50016; canners and cutters, SSOB. EAST BUFFALO. N. Y.. June I. Cattle —Receipts, 125; market active, strong; shipping steers, $13@14; butcher grades, $0.50012.76: cows, $4.25011.25. Calves —Receipts, 700; market active, 50c lower; culls, choice, $6016.50. Sheep and lambs—Receipts, 1.800; market slow. $1 . lower; choice lambs, $17017.50: culls to! fair. $9016 75; yearlings, $14015.50: sheep, $5012.50. Hogs Receipts, 6,450; market active, pigs lower: 'yorkers, $15.40 ] @15.45; pigs, $13.25013.50; mixed, $15.40 @15.45; heavies, $15.20015.35; roughs, sl3 @12.25; stags, s7@9. PITTSBURG. Juno I.—Cattle-Re-ceipts light; market steady; choice, $l3O 13.25; good, $12.25012.73; fair, $l2O 12.50; veal calves, $35.50016. Sheep and lambs—Receipts light; market steady; prime wethers, $909.25; good, $809: fair mixed, $707.75; spring lambs, SBOIS. Hogs—Receipts, 40 doubles; market steady; prime heavies, $14.50; mediums, $15015.25; heavy yorkers, * $15015.25; light yorkers, $15015.25; pigs, $13013.50; roughs, $10011; stags, S7OB. CLEVELAND, June I.—Hogs—Receipts, 2,000; market 25c lower; yorkers, sls ; mixed, sls; medium. sl4; pigs, sl3; roughs, $11.50; stags, $8.30, / Cattle —Receipts, 200; market steady; good to choice steers. $13014; good to choice heifers, sll 012; good to choice cows. $8010; fair to good cows, $708; bulls, $9010.50: milkers. $500150. Sheep and lambs—Receipts, 300; market steady; top, $lB. Calves — Receipts, 2,000; market $1 higher; top, $lB. CINCINNATI, June I.—Hogs—Receipts, 3.500; market steady to 25c lower; heavy, $14.25; medium and mixed, $14.75; light, sl4; pigs $12.50; roughs, $11.50; stags, $8.50. Cattle —Receipts, 200; market steady; bulls weak; calves, sl6. Sheep— Weak. ' i NEW YORK METAL MARKET. NEW YORK, June I.—Copper—Quiet: spot and .Tune offered at 18%c; July and August, IS%@lß*4c. Lead—Quiet; spot, June, July and August offered, $8.85. Spelter—Quiet: spot, June and July, $7.450 7.65; August, $7.4507.70; September, $7.5007.70. , WAGON WHEAT PRICES. Indianapolis elevators and mills are paying $2.80 for No. 1 wheat, $2.77 for No. 2 and $2.74 for No. 3. All other grades according to quality.
INDIANA DAILY TIMES, TUESDAY, JUNE 1, 1920.
On Commission Row TODAY’S PRICES. Apples—Barrels, $8.50011; boxes, $3.50 @4; baskets, $3.5004. Asparagus—Fancy home-grown, dozen, 25035 c. Bananas —Pound, B@9c. Cahbage—Fancy Texas, barrels, 2%0 3c; Mississippi. 3@4c. Beans—Michigan navy, in bags, per lb, B%@9c) California llmas, in sacks, 13%@14c; marrowfats, per lb, lQc; fancy Florida, green, per hamper, $2.5003. Carrots —Forty-lb. basket, $2. Celery—Florida, per crate, $202.25. Cucumbers—Fancy hothouse, per doz, $1.7502; fancy Florida, 5-doz crate, $4. Dates—Box 3 doz, $6.75. Grapefruit—Extra fancy Florldas, $4.50 @6.50. Honey—Fancy 1919, white, extracted, 60-lb can, 24c lb. Kale —Per bu, $2. . Lemons—Extra fancy California, ss@ 5.50. Lettuce —Home grown leaf, per lb, 100 15c; Iceberg head lettuce, per crate, $4.50 @5. Mangoes—Fancy, 2-doz basket, $1.25. Noodles —Ten-lb box, $1.20. Nuts —Filberts, per lb, 30@Slc; English walnuts, 37041 c; pecans, 70c; Braalls, 28030 c; nut meats, pecans, 90c; walnuts, 75c: almonds, 65c. Oranges—Extra fancy California navels, 48.5004; Valencias, $4.7506; extra fancy Mediterranean sweets, $507. Onions —Fancy new Texas white, 50lb crate, $2.25; same yellow, $2.5002.75; homegrown, green, 10015 c doz; fancy spring, per doz. 16@20c. Parsnips—Fancy, 66-lb hamper. $1.65. Parsley—Fancy homegrown, s3c doz. Peanut Butter —Pails, 15 to 50 lbs, 200 22c. Peas—Fancy Mississippi Telephones, per hamper, $3. Pieplant—Fancy homegrown, 20@40e doz. Pineapples—Ripe Havana, $506. Potatoes —Northern whites, $8 per 100 lbs; bags. sl2; new Texas, $12.50 per 100 lbs; fancy new Florida Rose, per barrel, $6.50; per 55-lb basket, $5.75. Radishes Homegrown, button, 150 20c; southern, long. 15@20c. Rice—Fer lb, 14015 c. Spinach—Fancy, per bushel. $2. Strawberries-Tennessee, 24 qt case. $3.5004; Tennessee, 24-qt case, $607; Kentucky Aromas. 24-qt case, $8.50. Seed Potatoes—lrish Cobblers, Maine, per 100 lbs, SB. Sweet Potatoes —Fancy Jerseys, S3O 3.25 per hamper. Seed Sweet Potatoes—lndiana grown yellow Jerseys, per bn, $1.25. Tomatoes—Basket, $202.50. —— —- Housewives’ Market LATEST PRICES. The following prices are the general prices charged at the city marks talned by striking an average of the prices charged at various stands: Apples, choice, per lb $ .10015 Asparagus, home-grown, according to size ot bunches.. .03010 Bananas, Doz 20®40 Beans, string, lb 10020 Carrots, bunch 03003 Cabbage, lb 04005 Celery, bunch 06010 Cucumbers, hothouse, each 10020 Cucumbers, southern 03fiio Grapefruit, each 10020 Kale, home-grown, 1b....t 15020 Lemons, per <lo* 20®SO Lettuce, leaf, per lb ISfiJO Lettuce, head, each 00015 Onions, lb 05007% Onions, Texas Bermuda, 1b.... 15 onion, green, buuch 05007 Oranges, do* 30075 Parsley, 2 bunches .05 Peppers, green, Florida, bunch .05007% Pineapples 15030 Potatoes, peck 1.0001.50 Potaoes, lb .19 Potatoes, new, lb .12 Potatoes, sweet, 3 lbs .25 Radishes. 305 bunches .10 Rhubsrb, 203 bunches .05 Spinach, lb 10013 Strawberries, qt. box 25040 Tomatoes lb 50065 Green peas, lb .25 Scotch peas .12% Spilt peas, yellow .12% Split peas, green .18 Beans, navy. In .11 Beans, lima, lb .11 Sugar, soft A .26 Sugar, granulated 26034 Beans, Colorado plntas, 1b.... .10 Beans, kidney .18 MEATS. The following price* are on first quality No. 1 government Inspected meats enly. Lamb chops 55060 Leg of lamb .50 Fresh ham .50 Butted ham. per lb 75 Smoker hams, per lb 60065 Round steak, per lb .40 Fresh beef tongue .40 Rib roast ,37%@40 Chuck roast .30 Flank steak .33 Beef tenderloin .70 Pork chop* .40 Pork tenderloin .75 Porterhouse steak 50 Chuck steak J 6 Bulling beef 18020 Bacon .40060 Loin steak .49 Hams, whole .40 Lard, lb 27% Lamb *tew 15023 Spareril>s, lb .23 Bhoulders, freeh beef .30 Shoulders, fresh pork .35 Beef liver .15 Veal, breast 30 Veal Chops 35040 Veal steak .50 Calf liver 30035 Beef liver .15 PRODUCE. Hens, full dressed, lb 253055 Lire bene .40 Live springers .75 Eggs, fresh, select, doz 43045 Duck tggs, do* 50 Butter, creamery, lb 60065 TOLEDO SEED PRICES. ' TOLEDO, 0.. June 1. —Clover—Cash. $25; October, $23.50; December, $22.50. Alsike—Cash. $24.60; October. <25.60; December, $24.60. Timothy (1917, 1918 and cash), $5 40; 1919, $5.80; September, $5.80; October and December, $5.70; March, $5.95. r j. F. WILD, JR. BROKER 315-320 Lemcke Bldg. High-Grade Speculative Investments Opportunity for Salesmen Phones: Main 1734, Auto. 21-733. ■■■■■■ * -JJ Who is he? What is he buying? How does he manage his investments? How can you make money on stocks by following his plan? All this is told in our booklet, “The Biggest Man on Wall Street.” It is a fascinating story of fundamental conditions in the stock market. Every Investor needs to read it. It j will awaken you to new condition*. I It will show you a better ay to in- I vest. We will send it to you gladly, 1 without charge. Dept. 1.
CORN SHORTS IN PANIC TO COVER Lack of Selling Pressure Features Trading. CHICAGO, June I.—Grain options bulged 7 cents for corn and more than 3 cents for oats on the Board of Trade today. Receipts over the double-holiday were decidedly disappointing; selling pressure was lacking from the start; buying by a number of strong commission houses was persistent, and with many stop loss orders uncovered a little buying was sufficient to cause a sharp advance. Bulk of the selling was of a local character with a fair volume around $1.72 for July corn on resting orders. I Crop reports from Indiana were rather unfavorable for oats and interest centered ! largely in September, with one large local I operator reported a continual buyer of i the distant future. At the eise July corn was 6%06%c above Saturday’s finish, and September was up 4%05%c. July oafs finished 3c higher and September 2%c up. Pork finished 15c lower to 5c higher; lard 2%®12%c down and short ribs 5@ 17%c off. | Receipts at the eight leading western j markets for the three days were only ! 1,157 cars. i Weather was unsettled, but warm. | Corn planting is progressing where i not Interfered with by rain, but in lli llnols Is fifteen days later than last year. CHICAGO GRAIN. —June 1 — CORN— Open. High. Low. Close. July.... 1.66 1.53% 1.06 1.72% Sept 1.54 1.59% 154 1.68% !OATS—- ; July.... 89% 92% 89% 92 ! Sept 76 78% 76 78 PORK—j July 34.00 34.00 33.55 34.00 I Sept 35.00 35.20 34.85 35.20 !LARD— July 20 90 20.97 20.82 20.97 Sept 21.77 21.87 21.70 21.87 RIBS— I July..,. 18.15 18.17 18.15 18.17 I Sept.... 18.87 18.97 18-85 18.95 CHICAGO CASH GRAIN. ! CHICAGO, June 1.-AYheat-*-No. 2 mixed. $2.87; No. 3 red. $2.60; No. 2 hard, winter, $2.95; No. 3 hard winter, $2.90; 1 No. 4 northern spring, $2.87; No. 5 northern aprlng, $2.85. Corn—No. 2 mixed, SI.BB @1.93; No. 2 white, $1.8101.92%; No. 2 1 yellow, $1.8901.93; No. 3 mixed, $1,870 j 1.91; No. 3 white, $1.8601.91%; No. 3 yellow, $1.8701.92; No. 4 yellow, SI.BB. Oats—No. 2 white, $1.0601.08%; No. 3 white, $1.0301.07; No. 4 white, $1.02%® | 1.05; standard, 99c. TOLEDO CASH GRAIN. TOLEDO, June I.—Corn- No. 3 yellow : cash, $2.03. Oats—White, No. 2, cash, $L 16@ 1.17, Barley—No. 2 cash, $1 62. Rye--No. 2 cash, $2.12. Alsike— Cash, $24 30; December. $24.50: October, $25.60. ! Timothy—(l9l7 and 1918) cash, $5.40; (1919) cash. $3.50: September, *5.80; October, $5.70; December, $5.70; March, $5.95. PRIMARY MARKETS. (By Thomson & McKlnuon) —June 1— —Receipts— Wheat. Corn. Oats. •(Chicago 44.000 140.000 174.000 i (Milwaukee .. 19,000 95,000 162.000 t.Minneapolis. 440.000 SO.oOO 66,0 si ♦Duluth 46,000 4,000 TSr Louis.... 344,000 339,000 266,900 •Toledo 4,000 6.000 18,000 '•Detroit 2,000 4.000 6.(K> •Kansas City 405,000 111.000 37,000 1 •Peoria 13,000 150,000 131,000 •Omaha ...... m.'6 258.900 88,000 (Indianapolis. 1,000 22,000 48,000 Total* 1,330,000 1,203,000 1,020.090 • Ye*r ago.. 294.000 1,197,000 996/00 tOne day. *Two days. JThree days. . —Shipment*— WV*t. Corn. Oats. (Chicago 54.000 42(00 148.000 (Milwaukee 93,000 63,000 16,000 ♦Dnluth 10.000 tSt. Louis ... 88.000 31.000 64.000 •Toledo 7.000 J •Kansas City 223,000 15.000 5,000; •Peoria 38.000 47.000 148.000 •Omaha 119,000 09.'*>0 98.000, (Indianapolis... 1,000 25.000 38,000, Total* v 823,000 308.000 614.000 (Year age.' 575,000 273 000 412 000 tone day. ‘Two day*. IThree days. —Clearances— Pom W. Corn. Oats, j •New York.,. 189.000 I •Baltimore .. 260,000 j •UalTfston ... 815,000 j •Totals ... .1,264.000 tYear ago.. 308,000 248.000 182,000 tune day. •Two 'days, tThree days. ; INDIANAPOLIS < ASH GRAIN. X —June 1— Corn-Strong; No. 3 white, $2.01%0 2.02%; No. 3 yellow, s2.<iO%; No. 6 yellow. *1.94; No. 4 mixed, $1.98%; special mtxod, *1.89. Oats Strong; No. 2 white, *1.12%@ 1.13%; No. 3 white. $1.11%01.12; No. 4 white. $1 09%®1.10%. Hay—Firm; No. 1 timothy. *41250042; | No. 2 timothy, *4O 50041; light clover! mixed, $40.50041; No. 1 clover. $40040.50. j inapectlon*— Wheat No. 2 red, 1 car. Corn - No. 2 white. 23 cars; No. 3 white, ; 3 cars; No. 6 white. 1 car; No. 2 yellow, ; 22 cars; No. 3 yellow, 21 ears; No. 4 1 yollow, 1 car; No. 5 yellow, 1 car; No. j 6 yellow, 8 cars; sample yellow, 3 cars;: No. 2 mixed. 0 cars; No. 3 mixed. 2 cars; I No. 4 mixed, 1 car; sample mixed, ij cn.-; ear. 3 cars; total, 102 cars. Oats—No. 1 white, 3 cars; No. 2 whit* I 61 cars; No. 3 white, C cars; No. 4 white, j 3 cars; sample white, 1 car; No. 2 mixed, j 2 cars; total, 66 cars. Hay—No. 1 timothy. 3 cars; No. 1 eio. xer mixed, 4 cars; No. 1 clover, 1 car; total, 8 cars. Three Big j Questions If you are a prudent citizen you ask three big questions about the stock in which you are asked to invest your savings: 1. Will my principal be safe? 2. Will the income be reg- # ular? 3. Can I get my money out of it quickly in case of emergency? If “yes” is the answer to each of these queries then the investment is safe and conservative. Our stock is a safe and conservative investment” for these reasons: 1. The principal is safe because it is employed in loans on liouses under construction. 2. The income is regular because we turn our capital from two to four times a year. 3. These things being true our stock is in demand and can be readily sold. These statements are elaborated upo\ in booklets and other matter which we will be glad to mail you, without any obligation on your part, if you will fill in the blank and mail us this ad. Name I Address American Mortgage Company 6 East Market Street INDIANAPOLIS
N. Y. Cotton Exchange Suspends for Day NEW YORK, June I.—Trading for today on the New York Cotton exchange was suspended by order of the board of managers. The following statement was Issued: “The board of managers has ordered that trading for the day be suspended in order that the amendment to section 37 of the by-laws may be enforced on and after tomorrow.” Berlin Says France Offers to Aid Poles BERLIN, June I.—The Zeitung Am Mitag prints a rumor that France has offered colonial troops, of Poland for use against the Bctsslan bolshevik army.
m*™ BLOCK C? Indiana's Largest Assortment of HART SCHAFFNER & AfARX Clothes for Men
Thousands of Yards of Sanitary Floor Coverings Sale price 65c per square yard Bought at 25% under present cost from a large eastern mill agent, thousands of yards of these floor coverings are offered for sale at the same concession of 25% that we received. It is easily the most economical covering for your floors that you can buy—its durability is remarkable. The patterns are unusually attractive —the colorings are clear and good. A notable feature is the ease with which it Is laid—it lies so smoothly on the floor that tacking only at seams is necessary. It is the part of wisdom for every housekeeper, whether her needs for floor coverings be immediate or future, to avail herself of this opportunity right away. Heavy wool felt base, strictly waterproof, eitra heavy enameled surface, tile, figure and parquetry patterns suitable for any room. All perfect goods of the highest quality manufacture, sold to you at this price because we received it at a concession. Special, per square yard 65<J Please bring room measurements. —Fourth Floor.
FROM OUR MODEL GROCERY
COFFEE, old crop, fresh roasted Santos (2 pounds, 8oc), pound 43^ RED KIDNEY BEANS, Joan of Arc (3 cans, 40c), can 144) PORK AND BEANS, Van Camp’s, in tomato sauce, No. 2 cans (3 for 45c), can,l6<t CORN, delicious, Bweot Evergreen (dozen, $1.69), can 14! PEANUT BUTTER. Sun-lit, made from fresh roasted refined No. 1 Virginia peanuts, pound - 2£
Values That are Rarely Seen — New Washable Frocks For'women and misses
Surplice models with large sashes are particularly noteworthy at $5.98. Other styles at $9.98 and by degrees down to $5.98
UNBLEACHED SHEETING MUSLIN, yard wide, easy to bleach, good quality for sheets and cases; OQr extra special, yard BLEACHED SHEETS, size 81x90 inches, “seamless,” heavy, st'ong thread. (No phone orders), OQ , special, each \
INVESTORS, INVESTIGATE We offer for Immediate acceptance what is considered one ot the country’s safest and most profitable securities. We recommend an Immediate investigation, and purchase of these securities. Further details gladly given. I. M. TAYLOR & CO., Inc., BANKERS 7 Wall St., New York T. H. COREY, Mgr. 208 Hume-Mansur, Indpla. We are pre- | A A|yC on farm and pared to make LUMIIO city property THOS. C. DA V & CO. 1 Buy Great American Refining Stock Jf * & Sell 415 LEMCKE BUILDING TUUU HAVE YOU A HOME FOR SALE? TIMES FOR SALE ADS WILL SELL IT.
EGGS, strictly fresh, large selected, dozen in carton 44<t SMOKED SHOULDERS, boned and rolled, for frying and roasting. 1b..34C MACARONT OR SPAGHETTI, Red. White and Blue, long cut, regular 10c quality (3 packages, 22c), package 7^z* GINGER ALE, Waukesha Alnmnaris, sparkling, refreshing, large bottles (dozen. $2.45), bottle 2l£
THE BASEMENT STORE
Domestics and Beddings
Prices are Cut Again on Refrigerators of Well-Known Brands Although the summer season is just beginning, we have cut the prices on refrigerators to an amazing degree. The reduction is not on cheap, poorly constructed refrigerators, but such well-known brands as Glacier, Leonard, Bohn Sanitor and North Star are include]!. By buying now substantial savings can be realized. LEONARD REFRIGERATORS, cleanable, one-piece porcelain lined — 75-pound size, special $58.50 150-pound size, special $74,125 GLACIER REFRIGERATORS, seamless, porcelain lined—--90-pound size, special..... ,$52.10 130-pound size, special $78.30 150-pound size, special $88.20 GLACIER REFRIGERATORS, top ice box,,, white enamel lined, 110-pound size, special $35.10 GLACIER REFRIGERATORS, white enamel lined, 125-pound size, special $43.20 GLACIER REFRIGERATORS, seamless, turquoise porcelain lined, 100-pound size, special $54.00 BOHN SANITOR REFRIGERATORS, white porcelain lined, 100-pound size, special $62.10 NORTH STAR REFRIGERATORS, dry air, porcelain lined, 110-pound size, special $62.10 NORTH STAR REFRIGERATORS, enamel lined, 85-pound size, special $35.10 —Fifth Floor. %
EVAPORATED MILK, Van Camp’s, large 1-pound cans (3 for 35c), can 12%^ LARD, Sun-lit, pure open kettle rendered, one-pound carton 27^ WESSON OIL, pure refined, for salads and Mayonnaise, pint can 39(1 BAKING POWDER, Sunlit, pure phosphate powder, 1pound can 21 FAIRY SOAP, for the bath (3 bars, 23c), bar 80 —Fifth Floor.
(5.*! „ tp Dresses exactly like these are selling elsewhere at far more than these markings. Os crisp, new colorful wash fabrics in styles that bring further proof of summer's charm —one needs but a glance at the necks, the sleeves, the girdles, the sashes, the skirts^ —to know that they are decidedly new and different. The price on them is f,o low that one can buy two or three and still scarcely notice the cost. THE MATERIALS: GINGHAMS DOTTED SWISS VOILES LAWNS ORGANDIES MADRAS CORDS THE COLORS; —PLAIDS —CHECKS —WHITE —STRIPES —FLESH —LAVENDER —ROSE —COPENHAGEN —ORCHID —PINK —ETC.
COTTON FELT MATTRESSES, 45pound weight, built-up with layers of fine cotton felt covered with choice patterns of ticking; specially ( Q rrjr priced at tp 1 O. / O PILLOWCASES, size 42x36 inches, round thread, deep hem, a r\ each
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