Indianapolis Times, Volume 33, Number 72, Indianapolis, Marion County, 3 August 1920 — Page 9

STOCK MARKETTONE UNSTEADY Steel Drops, Then Rises With Many Buying Orders. NEW T<srK. Aug. 3.—The stock market showed an improved tone at the opening today, but the upturns were not long maintained, and shortly after the start prices resumed their downward movement. Steel common on large dealings advanced % to 86%. and then was hammered down 1 point to 85%. Baldwin Locomotive rose nearly 1 point to 106%, with a reaction to below 106, while Republic Steel dropped over--1 point to 80% and Bethlehem Steel, after eeling up % to 77%, lost this advance. Reading was the most active of the rails and after advancing 1% to 88%, broke to 87!i. , „ Fractional gains were made in Southern Pacific and New Haven. Mexican Petroleum gelling ex-dividend 10 per cent in stock, showed a gain of |% per cent, gelling at 158%. Stromberg Carb fell over 1 point to and Corn Products 1% to 86%. After the initial losses the market turned strong, Steel common rising above 86 and Baldwin Locomotive above 107. A flood of buying ordere later sent prices up. Steel after selling down to $5%, moved up to 86%, and Baldwin, which declined to 105%, advanced to l °The railroad stocks made substantial gains. New Haven moving up 1% to 32%, and Rock Island 1% to. 35%. The Petroleum Issues also developed strength, Mexican Petroleum moving up to 150%, a gain of 3% points. Government, railway and other bonds W6rd steadv. The market strengthened again toward the close of the first hour, United States Steel reaching SB%, up 1% from the low. Call money at 8 per cent gave increased strength to prices. The stock market showed pronounced nervousness during the afternoon. Steel •old at 85% after a quick upturn to 80%. snd Baldwin sold to 104%, followed by a rally to 106%. Mexican Petroleum fell over 6 points to 153%, followed by an abrupt advance to 158%. Crucible, ester selling at 122, rallied to 126 Suropean tension weakened the market after a strong opening and tbe later advices from London and Paris were seized upon by bear operatora. During the morning there was some support due to shorts covering, but. in the afternoon, the market found verylittle support. Another unsettling factor was a further break in sterling exchange to 3.65, which was off 5%; francs, lire and marks quotations were also off. The stock market closed strong today: government bonds unchanged; railway and other bonds strong. (By Thomson & McKinnon). NEW YORK. Aug. 3.—The railroad rate decision proved to be a distinct disappointment from a stock market standpoint and the early strength merely served to emphasize the unsatisfactory situation underlying the industrial list. There was a considerable demand at the opening for railroad shares as well as for some of the leading industrials especially the equipment stocks, but the demand was quickly supplied and offerings became sufficiently free to cause a quick change In tbe appearance of the market and then by degrees the sagging tendency was again on. resulting in some sharp losses during the afternoon. Taking a general view of conditions, it would seem as though ttie railroads need time to develop and improve physically as well as In credit position and in time may become stabilized at fair levels in proportion to its limited earning power. The ultimate level will, no doubt, be well above the present range of prices, but for the present this is less of a factor than the change that is on In our Industrial affairs. We are only now- beginning the readjustment that shall place us somewhere near a normal level of values, and when we bare reached that stage business will adapt itself accordingly, but until this is complete more or less uncertainty roast of necessity prevail, with reductions here and there in earning*. Furthermore, there la no Immediate prospect of increased supply of credits, consequently we may expect further liquidation with a lower range of valnes. Provisions—There Is a little steadier feeling In the provision market on the belief that liquidated holdings have passed into good hands. Also on the belief that the time of decreases- in warehouse accumulations has arrived. It cannot be said, however, that there ig any material broadening of the foreign outlet

MOTOR SECURITIES. —Aug. 3 (By Thomson & McKinnon.) —Opening - Bid. Ask. Brlicoe 3ft 43 Chalmers com 2 3 Packard com 17 18 Packard pfd 85 88 Chevrolet 300 500 Peerless 35 3!> Continental Motors c0m..... ft ft% Continental Motors pfd P 5 fts% Hupp com 14 14’i Hupp pfd.. 98 101 Reo Motor Car 21.3. 22?,: Uigin Motors 8% 9 Grant Motors 3 31.4 Cord of Canada 355 tiKt' United Motors 45 80 National Motors ft 12 Federal Truck 32 33 Paige Motors 28 27% Republic Truck 43 45' ACTIVE Oil. STOCKS. —Aug. 3 (By Thomson & McKinnon.) —Opening—- > Bid. Ask. Anglo-American Oil 20 21 Atlantic Refining 1150 1200 Borne-Scrymser 450 470 Buckeye Pipe Line 85 87 Cbesebrough Mfg. Cons 220 230 Cbesebrough Mfg. Cons pfd.. 102 lap Continental Oil, Colorado... 115 125 Cosden Oil and Gas 7 7% Crescent Pipe Lind 27 29 Cumberland Pipe Line 140 150 Elk Basin Pete 7% 7% Eureka Pipe Line : 98 101 Galena-Signal Oil pfd new.. 88 93 Galena-Signal Oil com 42 43 Illinois Pipe Line * 154 158 Indiana Pipe Line 85 87 Merritt Oil 14 14% Midwest Oil 1% 2 . National Transit 25 28 New York Transit 160 170 Northern Pipe Line 92 97 Ohio Oil 275 285 Oklahoma P . & P. 5% • 5% Pad It.-Me* 40 44 Prairie Oil and Gas 560 570 Prairie Pine Line J. 93 198 Rapulpa Refg 5% !i% Solar Refining 350 370 Southern Pipe Line 125 130 South Penn Oil 2HO 270 Southwest Penn Pipe Lines. 64 68 Standard OH Cos. of Cal 305 309 Standard Oil Cos. of Ind 640 660 Standard Oil Cos. of Ka* 520 540 Standard Oil Cos. of Ky 385 380 Standard Oil Cos. of Neb 420 450 Standard Oil Cos. of N. Y.... 363 372 Standard Oil Cos. of 0hi0.... 435 460, Swan & Finch 65 80 Union Tank Line 115 120 Vacuum Oil 372 375 Washington Oil 27 33 NEW TORE CURB. (By Thomson & McKinnon) —Aug. 3. Bid. Ask. Aetna Esxp 100 114 Anglo Arncr. Oil 20 01 Boone Oil 2% % Boston & Wyo. Oil ... 1 1 1-16 Candelaria % 5-16 Car light 2 % Consolidated Copper .. 2% % Cosden Oil 6*i 7 General Asphalt 52 53 Glenrock Oil 2% % Hecla 4 % Indiana Pipe 85 87 Inter Pete 30% 32 Magma 26 28 Merritt Oil r 13% 14% Midwest Oil 1 % Midwest Ref 143 147 Nlpissing 8% % North Amer. Pulp UK Ohio OH 290 285 Prairie Oil 560 370 Salt Creek A 35 34% Rapulpa 3% 6 Submarine Boat 10). 12 S. O. New York . .7 367 ' 372 S. O. California 805 309 S. O. Indiana 650 660 Tono. Divide 11% 3-16 Tono. Ex 1% 9-18 Union Tank 115 120 United Picture 1% % U. S. Steamship 2 % Victoria Oil 1 1% 'fc'hite U% “ 18%

Indianapolis Securities

—Aug. 3 STOCKS. Ind. Ry. & Light com 55 Ind. Ry. & Light pfd 95 Ind pis, & Northwest pfd 75 Indpts. & Southeast pfd 75 Indpls. St. .Railway 53 60 T. H., I. Jk E. com 1% 5 T. H„ I. & E. pfd 9% 16 T. H., T. & L pfd 55 U. T. of Ind. com 1 U. T. of Ind. Ist pfd 10 U. T. of Ind. 2d pfd 2 Miscellaneous— Advance-Kumely, com Advance-Rumely pfd ... Am*r. Central Life 235 ... Amer. Creosotlng pfd 93 ... Belt Railroad com 72 w B2 Belt Railroad pld 47% ... Century Building pfd... Cities Service com, 304 SlO Cities Service pfd 65% 66% Citizens Gas 20% 35 Dodge Mfg. pfd 99 Home Brewing 55 Indiana Hotel 60 Indiana Hotel pfd 90 Ind. National Life 4% ... Ind. Title Guaranty 59 69 Indiana Pipe Line ... Indpls. Abattoir pfd 48 51 Indianapolis Gas 48 54 Indpls. Tel. com 3 Indpls. Tel. pfd 8 Mer. Pub. Util, pfd 43 National Motor 10 16 Public Savings 2% ... Rauh Fertilizer pfd 40 ... Standard Oil of Indiana ... Sterling Fire Insurance 8% 9% Van Camp Hdw. pfd 95 Van Camp Pack, pfd 95 Van Camp Prod. Ist pfd 95 Van Camp Trod. 2d pfd 95 Vandalia i com 5 VanduUa Coal pfd 10 Wabash Ry. com 7% ... Wabash Ry. pfd 23 Banks and Trust Companies— > Aetna Trust 100 Bankers Trust 118 City Trust 82 Commercial National 64 Continental National 112 Farmers Trust 200 Fidelity Trust 120 Fletcher American National. 257 Fletcher Sav. & Trust 163 Indiana National 223 292 Indiana Trust 105 Live Stock Exchange 400 Merchants National 275 National City 112 120 Peoples State 176 ... security Trust 120 State Savings and Trust.... 88% ... Union Trust 340 370 Wash. Bank &. Trust 145 t BONDS. Broad Ripple 5s /..... 46 Citizens St. Ry. 5b 72% 80 Ind. Coke & Gas Cos. 6s 87 Ind. Creek Coal & Mill. 6a... 08 ... ind. I niou Traction Indpls. A Colum. South, os.. 88 Indpls. "A Greenfield 55.... 90 indpls. A Martinsville 55... 59 Indpls. & North 5s 35% 40 Indpls. A Northwest. 5',.... 49 59 Indpls. & Southeast. 5r 54 Indpls.. Shelby. & S. &. 5s 95 Indpls. St. Ry. 4s 56% 62% Indpls. Trac. & Tor. 5s 65 Kokomo, Marion A West.... 80% 83% T. H., I. ft E. 50 40 67 Union ’Fraction, of Ind. 55... 49 59 Citizens Gas Cos 73% 79 Ind. Hotel 2d 6s Ind. Gas .'a.. 72 80 Indpls. 1.. A H. 5s 75 82 Indpls. Water 5s 88 92 Indpls. Water 4%s 71 80 M. H. tt L. ref. 5s 87 90 New Tel. Ist 6s 94 ... New Tel. Long Dist. 5a 93% ... South. Ind. Power 6a 86 LIBERTY BONDS. Liberty 3%s 90.02 91.10 Liberty first 4s 85.80 Liberty second 4s 84.50 Liberty first 4%s 85.56 85.96 Liberty second 4%s 84.70 85.10 Liberty third 4%s 88.70 89.06 Liberty fourth 4%s 85.06 85.36 Victory 3% 95.58 $*3.S Victory 4%s 95.68 96.00 NEW YORK. Aug. 3.—Liberty bond quotations: -3%5, 91; first 4s, 85 40; second 4s, 84.40; fiirst 4%5. 85.56; second 4%5. 94.56; third 4%5, 88.60: fourth 4Vis. 85.08; Victory £%s. 95.66; Victors 4%5, 95.66.

Money and Exchange

Indianapolis bank clearings Tuesday were $3,440,000, against $3,604,000 a week ago. News of the breaking of armistice negotiations between the Poles and Russians caused another decline. Demand sterling was offered at 3.66%. off 4%: demand francs, .00741, off .00018: demand lire de.mand off ,0009, and demand marks, .0222. off .0002. New York —Commercial bar silver: Domestic at 99%e; foreign, %c lower at 92%c. London—Bar silver was unchanged today at Old. NEW YORK, Aug. 3. —The foreign exchange market was weak In the early dealings, with demand sterling falling over 3c to $3.67: franc cables, checks. 4Sc; lire cables. $5.26: checks, $5.25: Belgian cahles. $8; checks, *7.99: guilder cables. 33%c; checks, 33%c; marks, $2.24. CHICAGO BTOCKB. —Aug. 3 (By Thomson & McKinnon.) Open. High. Carbide & Car.. 61% 62% 61% 62% Libby 12 12 11% 11% Mont.-War 30% 30% 29% 30 Ntl. Leather 10% 10% 10% 10% Sears-Roebuck. .135 135 134 134% Stew. Warner... 35% 85% 34 35% Swift & Cos 106% 107 106% 107 Swift Inti 30% 30% 30 30% Armour Leather 16 ... ... 10 Terse Market Notes CHICAGO. Ang. B.—The visible supply of-corn Is about 50 per cent larger than the ten-year average and shipping demand is by no means urgent. If there is any bull movement In'the situation it lies in the erop prospect. On this basis the December outlook Is much better for purchasing than la September. „ GRAIN —Weather over the central part of the corn belt la becoming more of a factor In the market. Rains are needed in Illinois, Indiana and Missouri. This condition may check the declining tendency, hut the- drought must become larger and more propronounced before there is any reason for alarm. STOCKS—NEW YORK, Aug. 3.-Ac-cording to a recent statement by the federal reserve agent of New York, the general recession In prices is worldwide. It was pointed out that while there is nothing to fear on account of the credits because of the power of expansion within the federal reserve bank, unnecessary loans are just as objectionable now as ever. The rather violent declines yesterday suggested that there was probably an equal division of bear pressure and liquidation. / COTTON—Liverpool started unchanged to 14 points lower, whereas a decline of about 26 points was due. Local showers were reported during the past twenty-four hours with generally fair weather forecast. The deadlock over cotton pri/es continued today with neither side giving any indication of yielding. Asa result, wholesale drygoods businesses are at a standstill. Wheat Quoted at $2 by Elevator Owners Special to The Times. RICHMOND, Ind., Aug. B.—Elevator owners in Wayne county, aroused by the erratic action of the wheat market, were quoting wheat Monday at $2 a bushel. Many of them have lost large sums ou wheat purchased last week, which they were unable to move out of the county, ! end they are now buying only In small ! quantities. One of the oldest millers here states 1 that the market la the most perplexing in his whole career as a grain dealer, which covers a period of more than fifty years. Wayne county farmers are at a loss to know what to do with their wheat, as It has long been the custom to dispose of it as soon as it is thrashed, aud few of them have storing facilities.

HOG VALUES GO DOWN 25 CENTS Cattle Market Slow, With Good Steers Up. RANGE Os HGG PRICES. Good Good Good. July Mixed. Heavy. Light. 27. $15.25@ 16.50 [email protected] $15.75 28. [email protected] [email protected] [email protected] 2. 13.50 @ 15.75 [email protected] [email protected] 30. [email protected] [email protected] [email protected] 31. [email protected] [email protected] [email protected] Aug. 2. [email protected] [email protected] [email protected] 3. 16.00 @15.75 [email protected] [email protected] Despite large buying in the hog market today both by local packers and shippers the prices dropped 10 to 23 cents, the 25-eeut drop effecting light hogs. Local packers paid sl6 for best light hogs, while three cars of extra fancies brought $16.10, Abe highest price paid on the market. Shippers were not buying hogs In any great lots over 250 pounds In weight, but local packers took several lots of heavies. Commission men are generally of the opinion that the market will be steadier within the next few days, after the drops of Monday and today. The receipts for the day were around 12,000, with approximately 1,500 left over form yesterday’s market. The cattle market was slow. with a decrease In prices of 25 cents! except in the case of several good prime steers, some of which brought as high as .$16.50. Receipts for the day were approximately 1.200. The prices of calves were generally steady with good buying, except on medium and common calves, where there wus a drop of 50 cents to sl. Best calves sold as high as sl7. Receipts for the day were around 800. The sheep and lamb market was again steady, with receipts at 500. HOGS. Best light hogs, 160 to 200 lbs average [email protected] 250 to 300 lbs average [email protected] Over 800 lbs average [email protected] Bows 14.754J15.60 Best pigs, under 140 lbs 12.00(8(13.25 Bulk of sales [email protected] CATTLE. Prime cornfed steers, 1.300 lbs and Uft [email protected] Good to choice steers. 1.200 to 1.300 lbs 14.00® 15.25 Good to choice steers. 1,100 to / 1,200 lba [email protected] Good to choice steers. 1,000 to 1,100 lba [email protected] Common to medium steers, 900 to 1,000 lbs 8.50® 10.50 —Heifers and Cows— Good to choice heifers [email protected] Medium heifers 10.00® 11.00 Common to medium heifers... [email protected] Choice Cows [email protected] Good to choice cows B.oo® 9.00 Fair to medium cows 7.00® 8.00 Canners 5.50® 6.50 Cutters v. 5.75® 7.75 -BullaGood to choice butcher bulls 7.50® 9.00 Bologna bulls 6.50® 8.00 Light common bulls . 4.50® 6.30 —Calves Choice veals 1*5.00® 17.00 Good veals 15.00® 16.00 Medium veals 12.50® 18.50 Lightweight v%tls [email protected] —Stockers and Feeders — Good to choice steers, Sat) ips. and up [email protected] Good to choice steers, under 800 lbs B.oo® 9.00 Medium to good cows 550® 6.00 Goods cows 6.00® 7.00 Good heifers 7.00® B.UO Medium to good heifers 7.75® 8.23 Good milkers [email protected] Medium milkers 60.00@i00,00 Stock calves 250 to 450 1b5.... [email protected] SHEEP AND LAMBS., Good to choice sheep 5.00® 600 Fair to good sheep 3.50® 5.06 Common to medium sheep ... 2AO@ 3.30 Bucks 2.50® 4.50 —Lambs— Common to cboloe yearlings. B.oo® 8.00 Good to choice clipped 3.00® 7.00 Spring lambs [email protected]

Other Lice Stock CHICAGO. Aug. 3. —Hogs Receipts, wS,fM); rkiirkct steady to Hfc lower; bulk. sUfnO@l6: top, $16.10; heavy, $13,900 L 5.50; medium, $14.60(3,16; light, *ls 10016.10; light lights, $14.85(815.85; heavy packing sows, smooth. $13,400 13,80; picking sows, rough, $13013.40; pigs. 14 (jjsso cattle-Receipt*. 11,000; market slow, calves lower; beef steers, choice and prime. 1623617.25; medium and good, $12.50016.23 good and choice, $l2.FO@ 14.63; heifer*. [email protected]; cows, $5 @12.50; cows and heifers, $3.1506, veal calves, $12016.50; feeder steers, SBO 11.50; stockcr steers. $5.5009.75; stocker cons and heifer*. $508.50. Sheep—Re ceipts. 17.000; market steady to lower; iiunbs. $12(015.10: lamb*, ••ull* and cornmen, $7.50011.75: yearling wethers, sft@ 13; ewes. $6.2509; ewiyi. culls and com mon, s's@(V. breeding ewes, $6,500 10.75; feeder lambs, $11012.50. CINCINNATI. Aug 5. Hogs Rpceijit*. 3.500; market slow. 25 to 75 cent* lower; heavy. $15.50016; mixed, sl6; medium, $16018.25: kgiit. $18; pigs, $13.25; roughs. sl3: stags. #9 50. Cattle Receipts, 000; market slow at Monday's decline; bull*, weak; calves. $17.50. Sheep and lamb*--Receipts, 950; mprket weak; sheep, $8.50; lambs, sl6; seconds. $10(3.11. CLEVELAND, Aug. 3—Hogs—Re. ceipts. 2,500; market. 15025 c lower; yorkers, mixed, medium and'piga. $16.50; roughs. $12.50; stags. 8. Cattle—-Re ceipts. COO; market slow. Sheep and lambs-Receipts, 300; market, 50 lower; top. $14.50. Calves Receipts, 300; maiket. 50 oiower, top. $lB. PITTSBURG. Aug. 3. -Cattle- Re ceipts light; market steady; choice, $15.25 @13.75; good, $14(814.75; fair, sl2 @ 12.75; veal caivea, slfc@ 18.50. Sheep and lambs—Receipts light: market, steady; prime wethers. $9©9.50: good. S7.CO@ 8.50; fair mixed. $6.5007: spring lambs, $140.14.50. 110.-s Receipts. 50 doubles; market higher; prime heavies, sl6@ 16.25; mediums, sl7 40@i~.50; heavy yorkers. $17.40017.55: light yorkers. sl6 @l7: pigs, $16016.50; roughs, $12@14; slags. $8.5009. EAST BUFFALO, Aug. 3.—Cattle—Receipts. 450; market, slow and steady; prime steers. sls@>lß. shipping steers, *9 @l4 75; heifers. *:>©lo. Calves—Receipts, S40O : market, slow- and steady; culls. Choice, sf@l9. Sheep and lambs- -Re ceipts, 600; market, active and steady; choice lambs. [email protected]/5; culls, fair. *lO @l4 75; yearlings, sllOl2 sheep. SSOIO Hogs—Receipt*. 1.600; markPt, active and steady; yorkers, *l7 •’5017/0; pigs. $17.25017.35; mixed. $’7017.25; heavies. [email protected]; roughs. sllOl3. stags, $8 @ 10. EAST ST. LOUIS, 111.. Aug. D.-Uattle —Receipts. 4,500; market steady; native beef steers. $12016; yearling beef steers and heifers, $10.75011.50; cows, s7© 9.75; stockers and feeders. $8.5009.9.75; calves. [email protected]. Hogs-Reeeipts, 9,500; market. 15025 c lower; mixed and butchers, *15.73016.15; good heavies, $15,250 15.85: rough heavies, *12.500 13.25; lights *19.90016.25: pics. [email protected]; bulk and sales.*, *15.8501.1.75. Sheep—Receipts. 4.700; market steady; wes, $7.5008; lambs, $12.50013; canners and cutters $2.5005.50.

CORN AND WHEAT BULLETIN. For the 24 hours ending at 7am 90th meridian time; Tuesday. Aug. 8: 1 cmper-~! ature. 5_ Stations of tJcaS a £ Indianapolis *J - rJI £ ° a District. * S w * gsS at* <-i I, .2:03 <? a - K M, yS South Bend 72 ! 54*1 0 Dusty'' Angola 72 j 48 0 Good Ft. Wayne 70 i52 I 0 1 Wheatfield ......j 76 j 40 | Good Royal Center ...I 72 [44 I 0 | Good Marion ]7lj 45 | 0 ' Good Lafayette i 71 51 0 Good Farmlsrid ......i 74 j 45 j 0 Good Indianapolis ...| T 1 [56 | 0 Good Cambridge Cit.v.; 75 I 14 I 0 Good Terre Haute ...| 74 |52 ! 0 Good Pdoorulngton 1 77 | 47 | 0 | Fair Columbus IB7| 47 | 0 | Rough Vlneenes I 82 I 51 ] 0 j Dusty Paoll j 87 1 48 | 0 1 Fait Evgnsv.lle |7Bj 5S j 0 | ’ J. H. ARMXNGTON. Meteorologist Weather Bureaij.

INDIANA DAILY TIMES, TUESDAY, AUGUST 3, 1920.

On Commission Row

An overpupply of tomatoes, which ripened over Saturday and Sunday, brought prices tumbling yesterday and today, but prices will bo higher again tomorrow, for the cool nights of the past few days causes slow ripening. It is thought by commission men that after today there will not be another good supply of tomatoes on hand until Thursday, when the demand will again raise the prices. Today they were selling at $1 to $1.25 a basket. Cherries are entirely off the market. There, is beginning to be a scarcity of blackberries and It is only a matter of a few days until good berries will be off the market. Potato prices have been suffering during the past few days. The only potatoes now on the market are Kentucky and Virginia cobblers, wnlcb fell 50 cents to $1 during the last few days. TODAY’S PRICES. Apples—Baskets, [email protected]. Bananas—Pound, [email protected].' Cabbage—Home-grown, bbl, $1.50@2; lb, 2c. Beans—Michigan navy, in bags, pet lb, B%<gl)c; California pimas, in sacks, 13® 14c; marrowfats, per lb, 84%@15c; green, fancy, home-grown, bushel, [email protected]. Beets—Fancy, Kentucky, per hamper, $1.25; home-grown, doz, 40c. Blackberries —24-pint crate, $2.50@3; 24-qt crate, ss@6. Cantaloupe—Crate, standard, [email protected]; flat, $2. Carrots —Home-grown, 30c per doz bunches. Celery—Michigan, 6 doz crate, $2.75® 3.25. Cucumbers —Home-grown, doz, $1.25® 1.50. t’nrrants—Home-grown, 25-qt basket, [email protected]. Grapefruit—Extra fancy Floridas, $5.50 @6.60 a box. Kale—Fancy home-grown, per lb, sl. Lemons—Extra fancy. California, $4.50 @5. Mangoes—Fancy basket, 50@65r. Melons—Honey Dew. crate, [email protected]. Oranges—Extra fancy California®, navels, ss@7; Valencias, $4.75@6. Onions—lndiana, 50-lb crate, $3®3.60; home-grown, green, doz, 15@25c. Parsley—Fancy boifle-grown, 35c doz; southern, $1 doz. Pears—California Bartlett, 46-lb crate, $4.50@5. Peas—Fancy Mississippi, per hamper, s3@3 50; fancy Telephones, bu, $4. Potatoes—Virginia and Kentucky Cobblers. bbl. [email protected]. Radishes Home-grown, button, doi bunches. 25@36c. Rhubarb—Home-grown, doz bunches, 35e. Tomatoes —Basket. si@l 25. Huckleberries lioute-grown, crate, [email protected]. .Sweet Potatoes —Alabama, bu, $3.50® 3.75. Peaches Alabama, per crate, $4.50® 6.50; per bu, ss@6. Watermelons Georgia, small, 40@45c. Jumbos, 60@90*’. Plums—California blue, per crate. $3-50. Eggplant—Home-grown, per doz, s3® 3.50.

In the Cotton Markets

NEW YORK, Aug. 3.—Cotton broke nearly $5 a bale shortly after the opeulug of the market today. AH day yesterday the market was very nervous, the government’s monthly report being greeted by an advance followed by a sharp de'-llne. Tbe morning paper* and early dispatches from both foreign and domestic fields today presented an imposing -rny of bearish factors, chief of which whs perfect growing weather, and under the ci>mbln-*d Influences, selling orders came from all sides. 'Vail street and the south were tho heaviest sellers Cotton opened: October, 31,60 c; December. 80.45 c; January, 29.75 c; March, 29.45 c; May. 29.26 c. NEW ORLEANS. Aug 3—Cotton futures ruled weak today. Influenced by bearish cables and domestic financial news. The opening was 3 to 23 points lower. Msy options advanced 39 points and then dropped to 2 points under the opening The close was barely steady, net 13 to no points lower, the nearest months showing the heaviest losses. Iftpea. High. Low. Close. October 30.70 30.70 29 98 29 98 December ... 30.00 30.00 29.06 29.27 January 29.68 29 68 28.74 29 01 March 29 17 29.17 28.34 28 70 May 28 10 28 49 28.08 2SAB LIVERPOOL, Aug. 3.—Fair demand for spot cotton at opening, prices easier, sales. 7,000. American middling fair. 3ft Sid; good middlings, 28.06d ; full middlings. 26.81 and; middlings. 25.56d; low, 21.76 U; good ordinary, i-v-tVi; ordinary. n.Sfld. Futures were quiet and barely steady. wholesale produce. Eggs- Fresh, loss off, 44c Poultry—Fowls. 30c, broilers, 1% |o 2 lba, 40c; cocks. 17c: old tom turkeys, 30c; young tom turkeys. 12 lbs and up, 86c; young hen turkeys, 8 lbs and up, 35c; cull thin turkeys not wanted; ducks, 4 lb* and up. 20c; ducks, under 4 lbs, 17c; young ducks, 25c; geese. io lb* and up. 16c; young geese. 22c, squabs, 11 lbs to dozen, $6.50. Butter—Clean packing stock, age it,; fresh creamery butter in prints I* Melting at wholesale at 58@5Pc; in tubs, 55c, Butterfat—Buyr* are paying 67® 39c for cream delivered at Indianapolis. Cbeeu* (jobber*’ selling prices) Brick, 30@32e lb; New York cream, 35c; Wisconsin full cream. 2@32c; long horns, 30@32c; Hnibhrger, 33%'g36c; Swiss, domestic. 60®6&c; Imported. sl. CHICAGO PRODUCE. CHICAGO, Aug. 3.—Butter —Receipts, 15.37(1 tubs; creamery extra. 52rv extra firsts, 47@52c; packing stock. 34® 40c. Eggs—Receipts. 11.0.\1; mlH'-ollaneuus. 43 @46e; ordinary firsts, 4t@43c: firsts. 46® 47c; extras, 47%@48%c; checks, 30@35c, diriies, 85@38c Cheese —Twtns, new, 23%@24e; dairies, 24@24%c: young Americas, 25%c; longhorns, 23%c; brick, 23@'25%c. Live poultry—Turkeys, 40c; chickens, 32c; springs, broilers, 39®42c; roosters, 23c; geese, 20@25c; ducks, 26c. Potatoes —Receipts, 22 curs: Virginias. $7 @7.50 per bbl; Kansas. Missouri and Lariy Ohios, sacked, [email protected], CLEVELAND PRODUCE. CLEVELAND, Aug. 3—Butter—Extra in tub lots, 59@59%c; prints. 60@60%c; extra firsts. 57@5Sc; firsts, 56%@57%c; seconds, ss@s4c; packing. 32@340. Eggs -Fresh gathered northern Ohio extras, 53c; extra firsts, 50c; firsts, new cases. 49c; old case's, 48c; western firsis, new cases. 45c. , Live poultry- Good fowls. 36c; broilers weighing t to 1% lbs, 35® 40e; 1% to 2 lbs, 45c: old roosters, 20@21c; spring ducks, 3S@4oc.

ItTMANAI’OLIS CASH GKMV. —Aug, 3Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: y Wheat —Strong; through billed, track, milling. No. 2 red, $2.38. Corn —Strong; No. 4 mixed, $1.48%. Oats—Steady to firm; No. 2 white, 79 @BO%C; No. 3 white, 77@80%c; No. 4 white, 78c. Hay—Steady; No. 1 timothy, $33,500; No. 2 timothy, $32 50083; No. 1 light clover mixed. *32.600 330; No. 1 clover mixed, $32032X0; new timothy, $26027: uew light clover. $26026.30. —lnspectionsWheat—No. I red, 23 cars; No. 2 rod 30 cars; No. 3 red. 21 cars; No. 4 red. 4 cars: No. 5 red, 6 cars; No. 1 hard. 7 cars; No. 2 bard, 2 cars; No. 8 hard, 1 car; No. 4 hard, 1 car; No. 1 mixed;' 8 cars; total, 118 cars. Corn —No. 2 white, 8 cars; No. 4 white, 1 car; No. 5 white, 2 cars; sample white, 1 car; No. X Fallow, 9 cars; No. 2 yellow, 3 cars; No. j. mixed, 1 car; sample mixed, 1 car; total, 28 oars. Oats—No. 1 white. 3 cars; No. 2 white, 38 cars; No. .3 white. 13 cars; No. 4 white, 8 cars; No. 2 mixed, 1 car; total, 48 cars. Rye—No. 1, i car; No. 2, 1 car; total, 2 cars. Hay—No. 1 timothy, 3 cars. Htraiv feed barley, 1 car. Alfalfa No. l 1 car. NEAV YORK METAL MARKET. NEW YORK. Aug. 3.—Copper-Dull; spot and August, offered 19e; September, offered 19%c. Lend —Firm: spot ami August, offered 9.20 c. Spelter—Steady; spot and August, 7,[email protected]: September, 7.60© 7.85 c ; October, 7.7007.93 c. LOCAL HIDE MARKET. Green hides—No. 1,15 c; No. 2,14 c: Green calves—No. 1,15 c; No. 2, 20%'. Horsehldes —No. 1, $7; No. 2, SB. Cured t V,-* t CV; Ye ? I*r

WHEAT FUTURES CLOSE AT $2.32% Drought in Grain Belts Incentive for Buying. CHICAGO, Aug. 3.—Wheat futures reached the highest price in several days this afternoon when March delivery shot to $2.82% at the close, 17% cents higher than Saturday’s close and 12% cents over today’s opening. December reached $2.80 and closed at $2.29, a net gain of 12 cents over the opening and 15% cents over Saturday’s close. The other grains followed wheat in its upward trend, September corn reaching $1.42% and December $1.26, while September oats showed a high mark of 71% cents and December 70% cents. There was a general buying rush just before the close. December delivery opened at $2.17 and closed at $2.29. while March -started at $2.20 and closed at $2.82%. The corn situation continued to be bullish. But little precipitation was reported from the dry area. Offerings were tight and even the advance failed to cause any material increase in selling. September corn opened about $1.38%, up %e from yesterday’s close, and closed at $1.42%. December was up %c from yesterday’s close when the market opened today at $1.23% and closed at $1.26. September nets, opeuing at 89%c, up %e closed at 70%c. December %c higher at 69c and closed at 70c. Oats was affected by the rise in wheat and corn. Provisions were higher, in sympathy with grain an-J the bullish showing in stocks.

—rAug. 3 (By Thomson & McKinnon.) Wheat—The foreign political situation has had something to do with the action of wheat today. Market, affected also by a falling off in the offerings from the farmer and by French advices that the returns from their crops were disappointing. The public at large and the milling trade seem to have entered the market on the Buying side. The advance in price caused withdrawal of foreign bldg and cash wheat did not respond fully, pjemlums being from 5 to 10c lower. Corn—Strength in wheat was th> irae motive in corn, although mark was helped to some extent by strength in cash prices. The eastern demand was slightly improved, probably as a reflection of the coming advance in freight rates. Market i* likely to retain a firm undertone pending the appearance of precipitation over central portion of the belt. However, in view of the outlook for the crop as a whole it is not advisable to entertain ideas of a permanent advance when these ideas are based on damage to a limited area. Oats—Dcmnnd for cash oafs has responded to the question of freight ratea, premiums being 1 to 2c higher. New crop deliveries gained their strength from corn, although toward the last there was buying by influential commission houses, who ordinarily are in touch with the seaboard. We do not expect any individual action in this market. Provisions—A decrease in warehouse accumulation as against previous years prompted some substantial buying in provisions. Selling pressure was light throughout tbe day. This market gives evidence of completion of liquidation, with holdings in good hands, but tt can not be said that there I* sufficient new demand for products to bring about any substantial advance.

CHICAGO GRAIN. —Aug. 3 WTIEAT Open. Utah. Low Close. Dec 2 17 2 30 2.17 2.29 March... 2.20 2 32% 2.20 2.32% CORN— Bept.... 138% 142% 1.38% 142% Dec 1.28% 126 1.23% 126 OATS— Sept 69% 71% 69% 70% Dec 69 70% 68% 70 PORK— Sept 25 90 25.90 25.85 25*5 •Oct 26.60 LARD— Sept 18.50 18.75 18,20 18.75 Oct 18.37 19.20 14.50 19 15 RIBS— Sept 15.75 15 92 15.75 15.92 Oct 15.95 16 22 15 93 16.00 •Opened nominal. CHICAGO CASH GRAIN. CHICAGO. Aug 3 Wheat—No. 1 red, $2 29%@2 33; No. 2 red, $2 29; No. 3 red, $2 25®2.25; No. 2 hard winter. $2 31® 2 4>>: No. 2 hard. $2.3103.33%; No. 3 hard. *2 26®2.H3; No. 1 mixed. [email protected]. Corn—No. 1. $144%; No 2 mixed, sl44® 1.44%; No. 3 mixed. $1.42%; No. 4 mixed. *1.41; No. 1 yellow, $138; No. 2 yellow. $1.&1.4: So. 3 white, [email protected]%. No. 4 white, $1.54. Oats No 6 white, 76%.; No. 2 white, 75%@77c; No. 2, white, 71@73%c. CHICAGO GRAIN. CHICAGO, Aug 3.—December, $2.17® 220 March, $2 20 Corn—September, $1 3&%@U3S>; December. $1.23%@1.38 Otta—September, 68%®70e, December, 60(069%e. Lard— September, $1820; October, [email protected]. Riba- October, $13.90. TOLEDO CASH GRAIN. TOLEDO. Aug. 3.—Wbsrnt —Cash f2 40; December, $2.34%. Corn Cash, $1.51%. Oat*--Cash, Bl‘®Aie. Rye-Cash. *1.72 * Bariev Cash. $1212. Clover—Cash $20.65; October, .'20.85: December, $19.83 hid; V-'rch. $20.23 v Atsike--Cash and October, $21.25; Decomber, $21.23 bid; March, *2l.sft. Timothy—Cash. 1917 and 191S, $1.50; 1919. $4.35; September, $1.70; October, $4.50 bid; December, s4.l*) bid; March, $4.63 )>%. PRIMARY MARKETS. (By Thomson A McKinnon.) —Aug. 3 Wheat Corn Oats Chicago 427.000 245.000 369,000 Milwaukee ... 16 000 37.000 57.000 ’ Minneapolis 233.000 6,(D0 19.000 I Duluth 59,000 Toledo 66.000 40.000 6.000 Detroit 3,000 5 009 4.000 : Kansas City.. 347,000 m.odo 22,000 Peoria 44.00*1 63 000 90.000 i Omaha 164.000 31.000 35.000 1 Indianapolis.. 126,000 60.000 68,000 Total 1.4*5.000 4C1.000 672.000 Year ago . .2,662,000 1430.000 1.007.000 -Shipments- - Wheat. Corn Oats. Chicago 20.000 77.000 139,000 Milwaukee .. 4.000 64.000 43,000 Mlnuenpoll* . • 81,000 6.000 14.000 Duluth 117.000 Toledo 2.000 2.000 Kansas City. IW.OOO 8.000 7.000 Peoria . 13,000 9,000 25,000 Omaha RS.rtftO 71.000 32,000 Indianapolis.. 7,000 29.000 8,000 Tntnls 501 000 266.000 238.000 Year ago 1.066,000 215,000 846,000 —Clearances— Pom. W. Corn Gat* j New York 217,000 j Philadelphia . 68,000 Totals 58.000 217.000 Year ago .. 601.006- 100,000 WAGON WHEAT. Indianapolis flour mills and elevators are paying $2.30 for No. 1 red xvhsat, $2.24 for No. 2 red and $2.27 for No. 3 red. Other grades according to quality. HAY yiARKET. The following are the Indianapolis prices of hay by the wagon load: nay—Loose timothy, $32@34 a ton; mixed, *9@3l; baled, $35@37. Corn—sl 00®1.70. Oats—9so@sl a bu. Ptraw —TV heat, ss@ 9 a ton. i

P is the story of Peter Perkins 11 1 and how ha accumulated I SIO,OOO in ten years by I saving per month. One B of our investors wrote that ■ “Getting Ahead” has made 1 him realize that every dollar he saves he can invest B with comparative safety | and high yield. Another says it opened up to him the possibility of profitable | investment in bonds and 0 9 stocks. We will gladly send § Ia copy of “Getting Ahead.” 9 I KKIEBEL & CO. J % INVESTMENT BANKERS # \ 07 /

IE WH. BLOCK C® Hart Schaffner & Marx guaranteed clothes for men, young men and boys (8 to 18).

Sale—Womens LOW SHOES Around 6fioo pairs—every one brand new —the most importatit m|| || and remarkable shoe sale in ~ E HI 1 our history—sale price A large eastern manufacturer who supplies us regularly unloaded his surplus stock to us at a great price concession, letting ns practically name our price. Every pair is Sne—every pair brand new—the kinds that are in most demand for immediate and fall wear. Shop in the Morning , Please BROWN SUEDE BLACK fclD HIGH COVERED FRENCH • BLACK SUEDE BROWN KID HEELS GRAY SUEDE TAN KID RARV ■FRENCH' HFFT S BROWN SATIN FIELD MOUSE KID BABY HEELS , BLACK SATIN BROWN CALF MILITARY HEELS PATENT KID BLACK CALF I CUBAN HEELS Sizes IV2 to 9; AAA to D widths. Sale price, §E>.OO. NOTICE! No C. O. D.’s. No exchanges. No refunds. Every sale is final. —Third Floor.

White Georgette and Ribbon SPORT HATS For Women and Misses Special Wednesday ai The most favored hats for - sports or general all around wear, and at so low a price as $1.89. That’s the Basement for you! The white Georgette hats have youthful, drooping brims, and all are becomingly irimmed with ostrich fancies and ribbon. The ribbon hats are plain white, some with straw underfacings. Just 200 in this group; very special at $1.89

Domestics and Beddings We Reserve the Right to Limit Quantities. No Phone Order#

‘•HOPE’’ BLEACHED MUSLIN (limit 10 yards to custom-QO/v er), yard o,ufC (Five hundred yards) YARD WIDE PERCALE, various figures and stripes, on light grounds; Q(S O 39c quality, yard.-gJifC (Two (housand yards) PRINTED WASH GOODS, voiles, batistes, tissue, etcUp to 49c 9/f n quality, yard (J xU WHITE PERCALE, yard wide, linen finish, for skirts, suits, etc. (none to dealers), extra OQc* special, yard kJ/v WHITE LAWN OR BATISTE, 40 inches wide, perfect bleach, excellent for waists, dresses and infants’ wear, OQn 49c quality, yard..

Men’s Furnishings Specials

UNION SUITS FOR MEN, ecru, Balbriggan and white or ecru; mesh, long or short sleeves, ankle length. Sizes 36 to 46 (3 suits for $2.50). QEfp Sujt OcJLUNDERSHIRTS AND DRAWERS FOR MEN, ecru Balbrlggan, shirts short sleeves, drawers ankle length—85c quality, garment , .65c 69c quality, garment 50V

.THE BASEMENT STORE

(One thousand yerds) LONGCLOTH, soft finished thread quality, 45c g 29c (Eight hundred yards) WHITE ORTTING FLANNEL, soft end iluffy, double fleeced, 24c (Three hundred yards) YARD WIDE COMFORT OHALLIS AND SILKOLINE. Extra C\ fr_ special, yard THREE-POUND COTTON BATTS, for one full sized comfort. r 7 ~ Extra special \J / L> (One hundred) BLEACHED SHEETS, full double bed size, soft linen finish thread, deep hem. $2.00 quality (limit 2 to cusr,T!: $1.49

HOSE FOR MEN, “Wayne Knit” and other makes, black, medium and heavy weight, other colors medium t A weight. stzes 9%- to HVi. Pair.. i i/C WORK SHIRTS FOR MEN. of medium blue chambray, double stitched, well made, cut large and roomy. Sizes 1414 to Q i 4/A 17; $1.65 quality tj)l. I*/

“PEQUOT”BLEACHED SHEETys T C< 2% yards wide (limit 5 yards to customer), r\r(Eight hundred yards) UNBLEACHED SHEETING MUSLTN, yard wide, extra fine for sheets, cases and bolsters; 45c da quality, yard (Two hundred) BLEACHED PILLOW CASES. Size 42x36 inches. Extra heavy thread, 55c qa quality, each Oi/C (Fifteen) WHITE BEDSPREADS, double bed size (limit 2 to customer). Extra 1 QQ special tjpJL.I/O PLAID BLANKETS, bed size, soft and fluffy, choice color plr.ids. Extra special. AA pair tpO.J^i/

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