Indianapolis Times, Volume 33, Number 77, Indianapolis, Marion County, 9 August 1920 — Page 9
LOSSES SUSTAINED IN STOCK ISSUES Declines Range From 1 to 5 PoinC—Rails Hard Pressed.
NEW TORK, Ar.gr. 9.—Pressure was exerted against stocks at the opening today and as a consequence losses were sustained in many issues. The declines ranged from 1 to 5 points. Steel common sold at 85% to 85%. Baldwin Locomotive dropped over three points to 102, and Bethlehem Steel “B” sold down 2% to 70%. Republic Steel dropped 2 points to 78%. Mexican Petroleum yielded 2% to 149 and Pan-American dropped four points to 76. Railroads were also pressed on the market, Union Pacific dropping 3 points to 114 an'd Reading 1% to 86%. There was no improvement in the market during the first hours. Many issues continued to drop from 2 to 5 points. Steel common sold down to 84%, and Baldwin Locomotive was down to 100%. Mexican Petroleum yielded over o points to 14S. Sinclair Oil and General Motors fell to new low records. Lower priced stocks also declined heavily. During the first hour Mexican Petroleum. United States Steel common, Republic Iron and Steel, Bethlehem B, Retail Stores, Baldwin and United States Rubber made new lows for the year. There was little strength apparent in the market during the first hour’s trad?here was considerable liquidation of stocks, especially industrials, still in progress. Rails continued to hold fairly well. After a turbulent day, prices on the stock exchange were steadier at the close today. The market was nervous throughout the day, after a big slump at the opening. * During the fourth hour, however, gains were made by practically all leaders. The market closed firm. Closing prices were: United States Steel, 85%. off %; Baldwin, 103%, oft 2; Pan-American Petroleum, ~%. off 2%: Studebaker. 61%, off 1%; United States Rubber. 82%, up %;. Retail Stores, 59, off 4%; Southern Pacific, 91. off ; Republic Iron and Steel, 78%. off 1%; Mexican Petroleum, 150%. off .;%: Middle States Oil, 11%. off %: Motors 20%. off %; Reading, 86%. off 1%; Crucible. 127%, unchanged: International Paper, 73, unchanged; Cuba Cane Sugar, 38, off %. (By Thomson & McKinnon) —Aug. 9 An immediate rally in prices this afternoon on publication of rumors that Russia had agreed to a four days’ armistice, after severe losses had been witnessed during the forenoon. Closing hour indications were that trade, lacking a confirmation of reported cessation of hostilities in Poland, was still Inclined to view possibilities of European situation in serious lght. Throughout the sesson the market had little support, outside that of covering by shorts. More news of a reassuring nature from abroad would possibly fiud the market in a mood for a further rally. NEW TORK LIBERTY BONDS. NEW YORK. Aug. 9—Liberty bond quotations: Liberty 3%5, 90.84; second 4s. 84.34; first 4%5, 85.40; second 4%5, 84.60; third 4%5, 88.50: fourth 4%5, 85 08; Victory 3%e, 95,96; Victory 4%5, 05.66.
MOTOR SECURITIES. (By Thomson & McKinnon.) —Opening— Bid. Ask. Briscoe 36 39 Chalmers com 2 5 Packard com 47 17% Packard pfd .../l S4 86 Chevrolet 300 500 Peerless 35 37 Continental Motors com 8% 9 Continental Motors pfd 95% 97% Hupp com 13% 14% llupp pfd 98 101 Reo Motor Car 21 21% Elgin Motors 8% 9% Grant Motors 4 4% Ford of Canada 355 385 United Motors 40 *SO National Motors 32 35 Federal Truck 25% 26% Paige Motors 40 41 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —Aug. 9 —Opening— Bid. Ask. Anglo-American Oil 20% 21 Atlantic Refining 1100 1150 Boine-Scrymser 420 430 Buckeye Pipe Line 84 86 Chesebrough Mfg. Con 220 230 Cbeeebrough Mfg. Con. pfd.. 100 110 Continental Oil. Colorado .... 110 120 C'osden Oil and 'Gas 6% 6% Crescent Pipe Line 27 29 Cumberland Pipe Line 140 145 Elk Basin Pete 6% 7% Fureka Pipe Line 97 100 Galena-Signal Oil. pfd mew) 88 92 Galena-Signal Oil, com ...... 38 42 Illinois Pipe Line 130 155 Indiana Pipe Line 80 88 Merritt Oil 11 12 Midwest Oil 1 1% Midwest Refining 143 146 National Transit 24 26 New York Transit 16p 170 Northern Pipe Line flo 95 Ohio Oil 277 282 P. & K 4% 5% Penn.-Mex 40 44 Prairie Oil and Gas 530 545 Prairie Pipe Line 187 192 Saplpa Refining 1 5 5% Solar Refining 340 360 Southern Pipe Line 120 125 South Penn. Oil 250 260 Southwest Penn. Pipe Lines. 62 65 Standard Oil Cos. of Cal 300 304 Standard Oil Cos. of Ind 630 640 Standard Oil Cos. of Kus 515 530 Standard Oil Cos. ofjiy 325 350 Standard Oil Cos. of Neb 410 440 Standard- Oil Cos. of N. Y 355 360 Standard Oil Cos. of Ohio 415 440 Swan & Finch 00 65 Union Tank Line 115 116 Vacuum OH 350 355 NEW YORK CURB. (By Thomson Ac McKinnon ), —Aug. 9 —Closing— Bid. Ask. Curtis Aero, com 4 8 Curtis Aero, pfd 40 50 Texas Chief 12 15 Sub Boat 9% 11 First National Copper % 1% Goldfield Havana Tobacco 1 12 Havana Tobaeo pfd 5 10 Cert Teresa 6 6% .Tumbo Extension 3 5 International Petroleum 30 31 Nlpissing 8% 8% Indian Pkg 5% tiu. Royal Baking Powder 120 130 Royal Baking Powder pfd...,80 90 Standard Motors 8 9 Sinclair Gulf Oil 29% 31 Salt Creek 29% 31 Tonopah Extension 1% 7% Tonopah Mining 1% 1% United P. S. new 1% 1% U. S. Light and Heat 2% 2% U. S. Light and Heat pfd 2 3 Wright-Martin 2 C Wolld Film % % Yukon Gold Mine Cos 1 2 Jerome % % New Cornelia 16% 17% United Verde 29 31 Sequoyah % ac Omar Oil 2% 2% Rep. Tire 1% 2% CHICAGO STOCKS. (By Thomson A McKinnon.) —Aug. 9 Open. High. Low. Close. Carbide & Car.. 60% 60% 56% 59% Libby 11% 11% 11% 11E Modtgom -Ward. 30 30 28% 28% Natl. Leather.,. 10% 10% 9% 9% Sears-Roebuck. .134 134 132 132“' Stew-art-Warner. 34 34 27% 29% Swift A C0...*.105%, 105% 104% 105 Swift Inti 30 30 28% 29% Am. Leather 15% CHICAGO PRODUCE. CHICAGO, Aug. 9 Butter—Creamery extras, 52%c; creamery first. 52%e; first. 46®51c; seconds, 4C@49c. Eggs—Ordinaries, 42@43c; firsts, 46®47c. Cheese— Twins, 22%e; young Americas, 23%c. Live poultry—Fowls, 32%c: geese, 20c; roosters, 23c: spring chickens, 3£i@4oc; turkeys, 45c. Potatoes—Receipts, 76 cars; Kansas, Missouri and Ohio earlv, s3@ 3.25. CLEVELAND PRODUCE. CLEVELAND. Aug. 9.--Rutter Extra in tub lots, 59@59%e; prints, flo@6o%c; extra firsts. 57%@0Sc: firsts. 36%@57c; seconds. 52@55cj packing, 35c. Eggs— Fresh gathered northern, Ohio extras, 54c; extra firsts, 61c; firsts, new cases, 50c; first, old cases. 49c; western firsts, new cases, 48c. Live poultry—Good fowls, 37@38c: broilers, 40@50c; old roosters, 23@24c; spring ducks, 30@37e.
Indianapolis Securities
—Aug. 9 STOCKS. Ind. By. A Light com 55 Ind. Ry. & Light pfd 95 Indpls. & Northwest, pfd 75 Tndpls. A- Southeast, prd 75 Indpls. St. Railway.. 50 ... Terre Haute T. A L. pref... 50 T. H., I. A E. com 1% 5 T. H., I. AE. pfd 9% 16 T. H., T. A- I. pfd 53 <0 U. T. of Ind. com U. T. of Ind. Ist pfd 10 V. T. of Ind. 2d pfd 2 Miscellaneous— ' Advance-Rumely, com 25 Advance-Rumle.v pfd 61 Arner. Central Lite 235 Arner, Creosoting pfd 93% . 99 Belt Railroad com 70 73 Belt Railroad pld 47% ... Century Building pfd 98 Cities Service com 270 275 Cities Service pfd ... 64% 05 Citizens Gas 30% ... Dodge Mfg. pfd 99 Home Brewing 55 .. ? Indiana Hotel 60 lud. National Life 4% ... Jnd. Title Guaranty 59 60 Indiana Pipe Line 84 90 Indpls. Abattoir pfd 48-- 51 Indianapolis Gas 48 54 ludpis. Tel. com 3% ... Indpls. Tel. pfd 80 Mer, Pub. Util, pfd 44 53 National Motor 9 Public Savings 2% ... Rauh Fertilizer pfd 40 ... Standard Oil of Indiana 640 Sterling Fire insurance 8% 9% YanCamp Hdw. pfd 95 Van Camp Pack, pfd 95 ... YanCamp Prod. Ist pfd 95 Van Camp Prod. 2d pfd 95 Vandalia Coal com 5 Vandalia Coal pfd 5 Wabash Ry. com 8 Wabash Ry. pfd 24 .i. Banks and Trust Companies— Aetna Trust 100 Bankers Trust 113 ... City Trust 82 Commercial National 65 Continental National Fl 2 ... Farmers Trust 200 Fidelity Trust 120 Fletcher Am. National 257 Fletcher Sav. A Trust 163 Indiana National 283 287 Indiana Trust 195 Live Stock Exchange 400 Merchants National 275 National City 112 120 Peoples State 176 Security Trust 120 State Savings A Trust 89% ... Union Trust 340 370 Wash. Bank A Trust 145 BONDS. y Broad Ripple Ds 48 Citizens St. Ry. os 72 80 Ind. Coke A Gas Cos. 6s 87 ... Ind. Creek Coal A Min. 65.. 98 Ind. Union Tr-'-tion Indpls. A Colum. South. ss. 88 Indpls. A Greenfield 5s 90 Indpls. A Martinsville 55... 52 Indpls. A North. 5s 35% 40 Indpls. A Northwest. 5s 48 56 Indpls. A Southeast. 6s 44 54 Indpls., Shelby. A- S. E. 55.. 75 90 \ Indpls. St. Ry. 4s 56% 60% Indpls. Trac. and Ter. 55... 63 Kokomo, Marlon A Western. 80% 85 T. H„ I. & E. il 49 57 Union Trac. of Ind. 55....... 49 59 Citizens Gas Cos 73% 79 Ind. Hotel 2d 6s ,96 100 Ind. Gas 5s 72 80 Indpls. Water 5s 89 92 Indpls. Water 4%s 71 80 M. H. and L. Ref. 5s 87 81 New Tel. Ist 6s 94 New Tel. Long Dist. 5s 93% ... South. Ind. Power 6s 86 LIBERTY BONDS. Liberty 3%s 90 74 91 00 Liberty first 4s Liberty second 4s 84 38 64.62 Liberty first 4%n 85 26 85.52 Liberty secoud i%s 84.54 8184 Liberty third 4%s 88.42 68.68 Liberty fourth 4%s 84.94 85.22 Victory 3%5.. 95.58 85.54 Victory 4%s 95.66 95.82
Money and Exchange
Indianapolis bank clearings Monday were $3,501,000, against $3,501,000 a week ago. NEW YORK, Aug. 9.—Foreign exchange opened weak today. Sterling demand off 7c at $3.69%. An upward trend during the firat haif hour followed, however, and at 10:30 sterling was quoted at $3.61%, francs U.-inand opened at $.0701, lir<* demand, $.0501 and marks demand, $.0210. Sterling, after dropping to $3.60, rallied 2% cents, off 4% cents net.
Terse Market Notes
STOCKS. NEW YORK, Aug 9.—While the Industrial list, and of course the rail list. Is ailed with bargain opportunities, there is a great d*-al of discouragement^now In the situation and bears will probably try to make the best of It from their point of view. The bank statement of the past week is better but none too good, and furtbe credit curtailment may be expected to have its effect on pools and some poolcontrolled Issues. Call money is more abundant and time loans should soon be easier to obtain. Declining tendencies of commodity prices are arrested, but have not yet l>een reverted. There is still some speculative liquids tion impending In dry goods, but. short interest in raw cotton Is large and sensitive to adverse crop reports The gravity of the crisis abroad is duly emphasized In this morning's dispatches from European capttols. The Polish situation will possibly offset as a market factor the good impression made by the bank statement of Saturday. The New York clearing house statement for last week shows decided improvement with an increased reserve of $21,257,000 and a decrease in loans of $45,515,000. On the other hand, the local bank statement shows a decrease in the reserve ration of the total reserve to deposits, and the federal reserve net liabilities from 40.40 to 39.38. COTTON. NEW YORK, Aug. 9—The weather iepo shows showers In the Atlantic and Oulf states and the outlook is for considerable cloudiness and local showers and thunderstorms east of the Mississippi today an<V tomorrow. Yesterday’s rhinfall in the south was a.- follows: Charleston, 1.26; Jacksonville, .46; Memphis .02; Montgomery. .22: New Orleans, .76; Raleigh. .66. The maximum tom Denatures were 78 to 92 nod the weather was cloudy. The seriousness of the foreign situation is reflected in the Liverpool mar ket. which comes 32 to 41 Points lower, whereas a decline of 8 to 18 points was due. While the farmer is reluctant to sell his cotton at this level and weather conditions are construed as bullish, the Russo-Polisb crisis will no doubt offset domestic influences. • GRAIN. CHICAGO. Aug. 9. —A year ago at this time September corn sold at $1.98 and December at $1.73 on reports of heat and drought. At that time the prominent feature was an absence of any buying by the country. This same lack of buying is to be noticed at the present time, and It is safe to say that the producing section is not apprehensive of the outcome. Popular estimates of grain yelds are: Winter wheat. 540,000,000 bushels; spring wheat. 290.000,000 bushels; corn. 3.000,(XXi.tSH) bushels, and oats, 1,400,000,000 bushels. Farm reserve of oats last year were 92.500.000 bushels. The ten-year average is 72,000.000 bushels. WHOLESALE HEATS. Wholesale meat prices are uoted by Indianapolis packers as follows: Hams—Regular, 14 to 16 lbs, 39tt,c; skinned. 8 to 10 lbs, 42>£c; fhney boiled, 10 to 13 lbs, 63c. Bacon—Fancy breakfast. 5 to 7 lbs, 48c; fancy sliced, 1-lb carton, 57c; sugar cured. 4 to 0 lbs average. 47c. Lard—Refined Uercca basis. 21c; open kettle, tierces basis, 21Vi@22c. Fresh Pork—Spare ribs.' lSlic: shoul dcr bones, 7Vic; tenderloins, 02@05c; dressed bogs, 25c. Beef—Steers, medium, 40 to 500 lbs. 20c; No. 2 heifers, 10c; native cows, 22ik (a 26c; medium cows, 14c; loins, No. 2 35c; No. S, 34c; ribs, No. 2. 27c; No.. 3! 25c; rounds, No. 2,28 c; No. 3,27 c; chucks. No. 2,15 c: No. 3.14 c; plates, cow, No. 2, Bt£c; No. 3, Bc.
WHEAT MARKET REGAINS LEVEL Improved Weather Conditions Offsets Polish Influence.
CHICAGO, Aug. 9.—lmproved weather conditions over a large portion of the grain area today offset pessimistic military views from Poland and future prices, after an early bulge, closed at practically Saturday’s levels. December wheat opened at $2.36, up 3%c from the close at Saturday’s short session, and closed at $2.32. March wheat was also 3%e higher at *be start, but later lost the same margin, closing fit $2.35%. There was heavier trading in corn than wheat. September corn was 2%e up at the opening, but closed at $1.43%, of 4%c. December opened at $1.23%, off %c, and later lost 2%c. September oats opened %c higher at 73%e, closing at 70%c. December opened at 70%c, up %c, but closed lower. Provisions were irregular, despite a higher hog market, light trade. (By Thomson A McKinnon.) “ —Aug. 9 Wheat —A possible spreading of the trouble on the Russian border seems to be accepted as meanning higher prices for wheat, but if judgment can be based upon the demaud from abroad, there is such feeling there. The foreign demand is. and has been for a number of days, distinctly slow. There is also a little slowing down in the demand from domestic millers. Private advices from the northwest carry the idea of a shrinkage in the total yield from early estimates, but it is believed that the winter wheat yield will offset this. Corn—The only discoverable motive for the early strength in corn was the foreign political situation. Inasmuch as corn is nud always has been a domestic proposition, it does not seem reasonable to base faith in higher prices on further complications abroad. Most of the strength in the market is gained from the cash situation which in turn is largely due to transportation. One or two items suggest that railroaders are improving thetr facilities as rapidly as more efficiency In labor permit*. “The weather has a way of changing ut the opportune moment. The area which has been complaining of drought has received fairly good rains within the last fortyeight hours. In case today’s crop report corroborates private estimates of 3.000,000,000 bu, and there is more pacific tone from abroad, prices should decline. There lias been sufficient realizing in the September delivery to materially relieve the congestion which has shown in that delivery. Oats—Cash market for oats is distinctly heavy, premiums declining today for poorer sorts of No. 3 white* to as low as %c over the September. Private advices from the - country continue to show unexpectedly large yields and bright, heavyweight oats Provisions—ls possible war abroad is a factor in any market, but there was no evidence of any demand from that source, as a matter of fact the entire market displayed a noticeable absence of buying. Holders are not confident. CHICAGO GRAIN. —Aug. 9 WHEAT— Open. High. Low Close. Dec 2*6 236 2 31% 232 March... 239 2.39 235 2.35% CORN— r Sept 1.48% 150 1 43% 1.43% Dec 1.23% 1.27% 1.21% 122% OATS Sept 73% 74% 70% 70% Dec 70% 72% 60% 69% PORKSept 25.00 25 25 24.75 25.05 •Oct.! 23.90 LARD— Sept.... 19 00 19.00 I*oo 18.75 Oct 19 05 19 20 19 00 19 05 RIBS— Sept.... 1550 1560 15.32 15.37 Oct 15 00 15 90 15 07 15.72 •Opened nolmnal. CHICAGO CASH GRAIN. CHICAGO. Aug 9—Wheat No. 1 red. $2.40%@2.4<1%; No. 2 red. *2.45%@2.47; No. 3 hard red, $2.41; No. 1 hard winter. 82*6%@2.43%; No. 2 hard winter. *2.43® 2.47; No. 3 hard winter. $2.42@‘2.44: No, 1 nortUtrn spring, $2.70. Corn—No. 1 mixed, $1.55@157; No. 2 mixed, $1.55® 157; No. 3 mixed, $1 5.T%®1 T-4; No. 4 mixed, $1.51%; No. 1 yellow. ?1.57®1.58%; No. 2 yellow, $1.56@158; No. 3 veJlow, $1 56® 1.56; No. 3 yellow, [email protected]%; No. 1 white. [email protected]; No. 2 white, $1.05. Oats—No. 1 white, 70@79c; No. 2 white, 75%@80c; No. 3 white. 73c.
TOLEDO CASH GRAIN. TOLEDO. 0., AUK. 9.—Close: WheatNo. 1. *2.55. Corn—sl.6l%. Oats—79c. Rye —sl9n. Barley—sl.os Cloverseed—s); October. *20.10; December. *l9 40; March, *2O Timothy- 1917 and 1918. *4 40; 1919. $4.50; September, *4.55; October, *4 35; December, $1.40: March $4.60. Alaike Cash and October. $19.50; December. *19.90; March. *20.40. Butter—flOe. Eggs —OJc. Hoy—*2.3o. PRIMARY MARKETS. (Thomson & McKinnon). —Aug. 9 Wheat. Corn. Oats. Chicago 295,000 107.000 196.000 Minneapolis .... 359.000 31,000 48,000 Duluth 29.000 St. Louis 482.000 55,000 232,000 Toledo 31.000 Detroit 3,000 5,000 16.000 •Kansas City .. 69"000 19.000 49,(KG Peoria 8-400) 97.000 153,000 Omaha 239.W9 74 000 3.8.000 Indianapolis ... 56,000 14,000 136,000 Totals 2,275.000 402,000 874,000 Year ago 2,448.000 193,000 812,000 •Two days. —Shipments— Wheat. Corn. Oats Chics go 616,000 77.000 124.000 Minneapolis .... 124,000 29.000 62,000 Duluth 401.000 St. Louis 140.000 22,000 23.000 Toledo 3,000 •Kansas City .. 182,000 9.000 14.000 Peoria : 62,000 27,000 1)3,000 Omaha 263,009 56,000 22,000 Indianapolis ... 10.000 21,000 6,000 Totals 1,801 .(KG 125,000 680,000 Year ago 1,790.000 125.000 680,000 •Two days. —Clearances — Dom. W. Corn. Oats. New York .... 32.000 Boston 132.000 Philadelphia .. 24.000 Gaiveston 565.000 Totals 753.000 Year ago INDIANAPOLIS CASH GRAIN. —Aug. 9 P.ids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Strong: through billed, track, milling, No. 2 red, *2 45. Corn—Strong; sample yellow, SIASVfc. Oats—Weak; No. 2 white. 73%@78Vic; No. 3 white. 74 @77 lie; No, 2 mixed, 75c. Hay—Firm; new timothy. $27.50@£8,.V1; new No. 1 light clover. [email protected]& —lnpections Wheat—No. 1 red, 9 cars; No. 2 red, 25 cars; No. 3 led, 8 cars; No. 4 red, 4 cars; No. 1 hard, 21 cars; No 2 hard, 1 car; No. 1 mixed, 1 car; total, 69 cars. Corn—No. 1 white, 3 cars; No. 2 white, 7 cars; No. 3 white, 1 car; sample white, 1 car; No. 1 yelloV, 3 cars;/No. 2 mixed, 1 car; total, 13 cars. Oats—No. 1 white, 10 cars; No. 2 white, 32 cars; No. 3 white, 37 ears; No. 1 mixed, 1 car; total, 70 cars. Rye—No. 1, 2 cars; No. 2, 2 cars; total, 4 cars. Hay—No. 1 timothy, 1 car; standard timothy, 1 car; No. 1 prairie, 1 ear; total, 3 cars. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load: Hay—Loose timothy, old, $32@34; loose timothy, new, *23@2S; mixed bay olfl. *2(ijj,3l; mixed, new, $24@27; baled! *35@38. Corn —Bushel, *J.sj(^l.fir,, Oats—Bushel, old. bo®9oc; new, 65® 75c. WAGON WHEAT. Indianapolis Dour mills and elevators are paying $2.20 for No. 1 red wheat, $2.17 for iNo. i red aud $2.i.4 for No. 3 red. OtMrr grades according to quality Straw—sVheat, $8(29 a ton.
INDIANA DAILY TIMES, MONDAY, AUGUST 9, 1920.
In the Cotton Markets
NEW YORK. Aug. 9.—Prices dropped 20 to 36 points at the opening of the cotton market today, under selling pressure due to weak cables and the tense European situation. Ther? was considerable selling by New Orleans and other southern points, but Wail street bought on the decline. Froir, the initial levels the prices declined about 25 points further, but became steadier at the end of the first twenty minutes. New York cotton range: Open. High. Low. Close. October 31.80 31.95 31.35 31.40 December ... 30.45 30.70 30.10 30 26 January 29.23 29.53 28.02 29.05 March 29 00 20.05 28.55 28.70 May 28.55 25.60 28.10 28.17 July 28.15 28.15 28.00 28.00 NEW ORLEANS, Aug. 9—Cotton futures open steady. 32 to 50 points lower on unsettled cables and domestic and spot selling. After a reaction of 17 to 36 points the market again slumped, reaching levels 10 to 40 points under opening flsrures. The close was easy. 41 to 58 points net lower. Open. High. Low. Close. October 30.55 30.78 30.15 30.39 December .... 29.63 29.85 20.25 29.58 January 28.08 29.15 28.82 28.83 March 28.33 28.79 28.08 28.50 May 28.00 28.00 27.00 27.92 LIVERPOOL, Aug. ft—There was fair demand for spot cotton at th opening, with prices easier. Sales. 8,000. American middlings fair, 32.20d; good middlings.. 2ft.45d: full middlings. 28.20(1; middlings. 26.93d; low middlings, 23.15d; good ordinary, 19.70d; ordinary, 18.70<1. Futures opened quiet and barely steady.
On Commission Row
The general trend of tlje market prices was steady with Saturday. A good demand and a limited supply of tomatoes on the market today brought the pliers lip 75 cents on the bushel over the Saturday selling price. The limited supply is laid to the fact that the farmers and truekera do not gather tomatoes Saturday afternoon, which means that the market will not get a good supply until this afternoon or Tuesday morning. TODAY’S PRICES. Apples—Baskets, $1.50@3. Bananas—Pound, $3.50® 9 50. Cabbage—Home grown, bbl, $1.50@2; lb, 2c. Beans—Michigan navy. In bags, per lb, B%<g9c: California pima*. In sacks, 1,3® 14c; marrowfats, per ib, 14%@15c; green, fancy, home-grown, bushel, [email protected]. Beets—Fancy, Kentucky, per hamper, $1.25: home-grown, dor. 40c. Blackberries —24 pint crate. $2 [email protected]; 24 qt crate $5.756650 Carrots— Homegrown, 3<V per do* Cantaloupe Crate, standard, $2.50® 3.50 flat, [email protected]. Celery—Michigan, 8 do* crate, $17563. 3.25. Cucumbers—Home-grown, doz, sl. Curranls —Home-grown, 25-qt basket, s6® 7.23. Kale—Fancy home town, rer lb, $1 @1 50. Lemons—Extra fancy, California, $4.30 @5. Mangoes—Fancy big basket. $1.25® 1.50. Melons—Hney Dew, crate, SO; southern Indiana Tip Top, bbl, $4.50U5. Orauges—Extrn fancy CalifornUs, i avela. $367: Valencia!, $4.75@6. Onions —Indiana, yellow and white, bu $1210; home-grown, green, doz, 15®25c Partley—Faucy home-grown, 30c doz; $4 2564.30. Pears—California Bartlett, 46-lb crate, $4 30® 5. Peas—Fancy Mississippi, per hamper, s.‘!®3 50: fancy Telephones, bu, $4. Potatoes—Virginia and Kentucky Cobblars. bbl. $7 5068.50; new house-grown, $7% *BO. Radishea—Home grown, button, do* hunches, 25@35c. <34 50. Rhubarb—Home-grown, doa bunches, ?50. Tomatoea Bu, $2.25(32.50; basket, $1.25 Huckleberries—Homo grown. 18-lb. $4 Sweet Potatoes At.ilmma. bu, s3'i4* 50 Peaches—Alabama, per crate. $4.50® 5.50; per bu. $5(96 Watermelons -Ttcorgla, small. 40@43c. Jumbos. 60®90c. Plum"—California blue. per crate, $3.50; Blue Damsel, half bn baskets. $2.30(32.73: Burbanks, basket. $1: bu. s3@4 ; Wild Goose, basket, 31Q1.30; Green Gage, bu. $1.50® 1.75 Eggplant—Home-grown, p<u doz. s3® 8.50. Sweet Corn—Home grown, doz, 40c.
CORN AND WHEAT BULLETIN. For the 24 hours ending at 7 am., 90th mertdlan time, Monday, Aug. 9: Jlemper-i . j atura. jj <s j S’-” lona of g" Indianapolis l~ a c 3* District. 5 * tiH: 5 * %!£ a= I § w South Bend i .83 I flfi 0 Good Angola 1 SI ; 65 0 Good Ft. Wayne 5 80 ; 66 0 Wbeatfield 84 67 I O.IS Good Royal Center 82 66 0 Good Marlon 82 60 | 0 Good Lafayette 81 67 0 Good Farmland *4 65 ' 0 Good Indianapolis .... 79 67 001 Good Cambridge City. 78 62 0.08 Good Terre Haute 82 68 . 0 Good Bloomington .... 84 : 0 Fair Columbus ! 91 ; 63 j 0 j Fair Vincennes iBS j 66 0.02 Good Paoll !81 64 i 0.04 Fair Evansville 1 82i OS i 0 j ... , x ... J. H. ARLINGTON, Meteorologist Weather Bureau. WHOLESALE PRODUCE. Eggs—Fresh, loss off, 44c. * Poultry—Fowls, 30c; broilers, 1% to 2 lbs, 40c; cocks, 17c: old tom turkeys, 30c; young tom turkeys. 12 lbs and up, 35c; young hen turkeys, lbs and up, 35c; cull thin turkeys not wanted; ducks, 4 lbs afid up, 20c; ducks, uuder 4 lbs, 17c; young ducks, 25c; geese, 10 lb* and up, 16c; young geese, 22c; squabs, U lbs to dozen, $6.50. Butter —Clean packing stock, 36c lb; fresh creamery butter in prints U selling at wholesale at 56@57c; in tubs, 55c. Butterfat—Buyers are paying 56@58c for cream deltycred at Indianapolis. Cheese (Jobbers’ selling price*) Brick, 30@32c lb; New York cream, 35c; Wisconsin full cream, 29@320; long horns, 30@32c; limburger, 33%@36c; Swiss, domestic. 60@65c; imported. sl. LOCAL HIDE MARKET. Green Hides—No. 1,15 c; No. 2,14 c. Green Calves —No. 1,22 c; No. 2, 20%c. Horsehides —No. 1, $7; No. 2. $6. Cured Hides—No. 1,17 c; No. 2. lc.
s^^wsmp^ci^s LETTERS OF CREDIT. TRAVELERS’ CHEQUES, FOREIGN MONEY. STEAMSHIP DEPARTMENT ’ / FLETCHER AMERICAN COMPANY Agents All Lines Pennsylvania and Market Streets
©Wanted Salary or Commission Men of Influence standing in ‘heir respective communities to represent our Securities Department. Ex-county officials or those with banking experience Established 191-. preferred. Salary or commission. INDIANAPOLIS SECURITIES COMPANY FRANK K. SAWYER.'President. Home Offices—lndianapolis Securities Building, Southwest Corner Delaware and Market streets. Baldwin Block.) Addreaa ARTHUR O. MAIN, General Manager, Securities Department. 112 East Market street.
SHIPPERS FORCE HOG PRICES UP Heavy Buying in Light Hogs Brings Price Up to $16.65.
RANGE OF HOG PRICES. Good Good Good Aug. Mixed. Heavy, Light. 3. [email protected] $14.50© 14.78 [email protected] 4. [email protected] 14.50 @ lb.oo [email protected] 6. [email protected] [email protected] [email protected] 6. [email protected] [email protected] 16.00 @> 16.35 7. 15.50 @ 15.76 15.00 @ 15.50 [email protected] 9. 15,50 @ 16.00 [email protected] [email protected] Heavy buying by shippers today brought the price of good light hogs up 25 to 40 cents, with best lights bringing $16.63. „ „ There was a .fairly good demand for good heavy hogs and tne market was about steady with Saturday. The market for rough hogs was more active than Saturday, with the prices steady . Pigs brought 25 to 50 cents more than the prices of the Saturday market. Shippers took most of the good light and heavy hogs, while local packers bought approximately 2,800 of the 5,5001 fresn hogs on the marke.t. After shippers had taken the choice, hogs on the market, local packers made anew price schedule, with the remaining light hogs at $16.25. The schedule was 160 to 225 lbs, $16.25; 225 to 250 lbs, $18; 250 to 275 lbs, $15.75: 275 to 300 lbs, $15.25, and roughs, $13.25 and down. 4 . The cattle market was dull, with the prices about steady with the Saturday market. There was but little good stuff among the 1,000 cattle on the market. Approximately BVO cattle were left over from the Saturday market, and it was thought that thero would probably be that many or more left over for tomorrow’s market.- . . .. The calf market was steady, with the exception of choice veals, which brought a top of $16.50. Receipts for the day were approximately 400. Sheep were steady with Saturday. lIOGB. Best light hogs, 160 to 200 iba average 16.25016.65 250 to 300 lbs, average 15.00® 15.25 > Over 300 lbs [email protected] j Sows ILSOf 13.25 | Best pigs, under 100 lbs 14.50® 18.2 j , Bulk of sales [email protected] CATTLE. Prime corofed steers, 1.300 lbs I and up [email protected] Good to choice steers. 1,200 to I 1,300 lbs [email protected] Good to choice steers. 1,100 to 1,200 lbs [email protected] Good to choice steers, 1,000 to 1,100 lbs 10.00® 13.00 Common to medium steers, 900 to 1,000 lbs 8.50® 10.50 —Heifers and Cows— Good to choice heifers [email protected] Medium heifer* ft.O'ttll.OO Common to medium heifers. 6.50® 8.25 Choice cows [email protected] Good to choice cows 7 50® 8.75 lair to medium cow* 6.30® 7 75 t anuerg 3.75® 4.30 Cut'ers 3,75® 7.75 —Bulls— Good to choice butcher bulls 7.50® 9.00 Bologna bulls 6 50® 8.00 Light common bulls 4.30® 6.50 —Calves— Choice veals 15.00®Jfi^0 Good veals [email protected] Medium reals 12i>0@l*.<3 ' Lightweight veals [email protected]<> I —Stockers and Feeders— Good to choir* ateers, 880 iba. nud up o.oo® 10.00 Good to choice steers, under 800 lbs 8 00® 0.00 Medium to good cows ....... 5.50® 6.00 Goods cows 6.00® 7.00, Good heifers 7.00® Bts> Medium to good Ueifara 7.75® 8.23 Good milkers ~ 50.00® 123.00 Medium milkers 00.00® 100.00 Stock calves 250 to 450 1b5.... [email protected] SilKEt' AND LAMBS. Good to choice 5heep........ 5 00® 6.75' I aSr to good sheep 3.o>@ 6.96 Common to medium sbeep ... 2.50i,0 3.50 Bucks 2.50® 4.50 —Lambs— Common to choice v-.-arilngs. 60<t® 8.00 Spring lambs t 7.00® 13.00:
Other Lice Stock
CHICAGO. Aug. 9.- Hogs- Re.-eipts, 32,000; market steady lo lOe higher, poorer grades up; bulk. st4.ls® 16 25 ; lop, $16.35; benvjr; sl4 [email protected] r >; medium, sls [email protected]; light, $10.35® 18.33; light lights, |15.25@1610; heavy packing sows, srimoih, sl4-< 14 50; packing sow*, rough. $13.75® 14; pigs, [email protected] CattleReceipts. 18.000; market, beef and butcher cattle st-ady to strong; calve* slow and lower. Beef steers—Choice und prime. $16®17.25; medium and good. $12.25® 16. good and choice. $14.50® 16 75; common and medium. s9@l4. Butcher cattle — Heifers s6® 14 90; cws, ss® 12 50; bulls. SB% 11.75; cows and helfcra, [email protected]; canner ateers. $4.50@7; veal calves (light and handy weight), sßt'-< 15.50; feeder steers, $7-54® 11.30; Stocker steers, ss® 9 13; storker cow* and heifers, [email protected]. Sheep—Receipt*, 20.000; market mostly 25c lower; lambs (M lbs down), $11.75® 14.50; lambs, culls and common. $7.50® 11.50; yearling wethers, $8.50®t2; ewes, $6.50®8.50; ewes, culls and common, s3® 6; breeding ewes, $6.50@11; feeder lambs, $9.75® 12. CINCINNATI, Aug. 9.—Hogs—Receipts, 6,500; market 25 to 50 cents higher; heavy, $15.25® 15.75; mixed, [email protected]; medium. $16.25; light, $16.23; pigs, $13.5u; roughs, $12.25; stags, $9. Cattle —Receipts, 2,000; market steady; bulls steady; calves. $16.80, Sheep and lambs—Receipts. 2,500; market weak; sheep, $7.30; lambs, $13.50; aecquds. SIO®IOJO. CLEVELAND. Aug. 9.—Hogs—Receipts, 4,500; market slow; yorkers, $16.75@17; mixed, $16.501016.75, medium, [email protected]; pigs, $16.75® 17; roughs, $12.50; stags, SB. Cattle-Receipts, 1,300; market slow to 60c lower; good to choice ateers, sl4 @l7: good to choice heifers, $S@lO; good to chlce cows, $7 [email protected]; fair to caod cowa, [email protected]; bulls, *S@9; milkers, sso@ 150. Sheep and lambs—Receipts, 2,500; market slow; top, sl4. Calves —Receipts, 1,500; market steady; top, $lB. PITTSBURG, Aug. 9.-Cattle—Receipts, 1 Sf> cars; market slow'; choice, $15.23® 18.60; good, [email protected]; fair, [email protected]; veal calves, SI7®IS. Shoep and lambs— Receipts, 16 cars; market slow; prime wethers, $8.50@9; good, $7.2308; fair mixed, S6.SO®T; spring lambs, [email protected]. Hogs—Receipts, 40 doubles; market higher; prime heavies, $15.75@16; medium. [email protected]; heavy Yorkers, [email protected]; light Yorkers, [email protected]; pigs. sl6® 10.25; roughs, sll® 13.50; stags, $8.50@9. EAST BUFFALO, Aug. 9. Cattle—Receipts, 5.200; market very slow; prime steers, 50c@$l lower; shipping steers, $1f.50@15; butcher grades. $.8.50@14; heifers, [email protected]; cows, [email protected]; bulls, so@9. Milch cows —Springs, $50@140. Calves—Receipts, 2,100; market active
and eteady; culls choice, s6@l9. Sheep and lambs—Receipts, 5,000; market active and lower; choice lambs, [email protected]; culls to fair, [email protected]; yearlings, sll® 12; sheep, ss@lo. Hogs—Receipts, 3,500; market active, 15@25c lower; yorkers, [email protected]; pigs. sl7; mixed, [email protected]; heavies, [email protected]; "toughs, [email protected]; stags, $S@lO. EAST ST. LOUIS, 111., Aug. 9.—Cattle —Receipts, (5,600; market steady; native beef steers, [email protected]; yearling beef steers and heifers, [email protected]; cows, $7 @9.73; stockers and feeders, SS®B.7S; calves, [email protected]; canners and cutters, [email protected]. Hogs—Receipts, 8,000; market steady: mixed and butchers, $16.15® 16.40: good heavies, $14.75(315.75; rough heavies, [email protected]; lights, $16.35® 16.50; pigs, $12.60@16; bulk of sales, [email protected]. Sheep—Receipts, 2,500; market steady; ewes, muttons, [email protected]; lambs, [email protected]; canners and cutters, [email protected].
Dispute Over Shirts; Laundryman Is Shot
CHICAGO, Aug. 9.—William Garner. 32, walked into the laundry of Sam Lee, 1155 Adams street, yesterday and after an argument about some shirts and collars drew a revolve* and shot Lee through the left chest. Patrolmen Geary and Anderson of the Desplaines street station heard the shot. They followed Garner and captured him after a short chase. Lee was taken to the Eastern Emergency hospital, where it is said he is in a serious condition.
New Certificates Exempt From Taxes
WASHINGTON, Aug. 9. —The treasury department today announced a $150,000,000 issue of 6 per cent treasury certificates dated Aug. 16. They will be exempt from all present or future Income, excess and war profits and inheritance taxes. .
IE W?H BLOCK C? Hart Schaffner <£. Marx guaranteed clothe* for men, young men and boy* (8 to 18).
Our $5 Sale of Women’s Low Shoes Is breaking alhprevious records in shoe selling—we prepared for an extenisve selling—but wbat has taken place has so far exceeded our expectations, that despite a'greatly increased sales force, we have at times scarcely been able to handle the crowds. v Oxfords, Ties and Pumps for Women Such as sold a few # ESB& months ago at $7 to jr and thereby avoid the “standing room only” iSrj which has prevailed here during the past " L —fgaSF’ - 1 Close to one Plenty of Low Heel Oxfords Included thousand pairs Au our whif Low Shoes Included of T r\\k t Qh/NrYC *uede Patent kid Black calf TsO\Ar \jliOoS Black suede Black kid French heels , f, . . Gray suede Baby French heels fe-mm.s-Sel.pm, Brown ..tin and mou.. Ud Military heel, ✓Tn w y-'v Black satin Brown calf Cuban heels Sizes to 9; AAA to D-widths. No C. O. D.’s, no exPumps, ties and ox- changes, no refunds. Every sale is final, fords, fashion able model# and leathers— _ AA a great range of vari- r>ale price SpO.UU ety. —Third Floor. —Third Floor. k
BASEMENT STGnElWg’j^^ Domestics and Beddings Underpriced PLAID GINGHAMS, 32 UNBLEACHED SHEETinches wide, various color wl df * IN ' G MUSLIN ’ yard wide ’ combinations, large or me-. colors, including navy strong, even thread, for dium size plaids. Extra blue. (No phone or- sheets, bolsters and cases, special, yard 39£ ders.) Extra special, 35c quality, yard 295) yard 25c * • 1 wwtttt nTTTTvr 1 in am UNBLEACHED SHEET* PERCALES, yr<l .-Id,. , NQ> h , lvJr> tor drew (old. various stripe. SfSjLdToft Velvet flu. * 98 <= „„„ figure and allover designs, ish, excellent for chil- yard light or dark colors. Spe- dren’s and infants’ wear; * clal yard 35C ** oc quality, yard 38C NAINSOOK, yard wide, ' J for underwear and infants’ • BLEA CH E D SHEET- w r ear; extra special, DRESS VOILES, 27 INTG> doubl e bed width, yard 39£ inches wide, neat figure sl-00 quality, yard... .79C and striped designs on 7~0 N s n A T COTTON BATTS, "SSStZJi* .£! BLEACHED MUSLIN. sn ° w < No P h ° n f frocks. specif special £?/ > . yard 25<* >ar,i 34 c Men s Furnishings WORK SHIRTS FOR MEN, flat, ATHLETIC UNION SUITS FOR laydown collars attached, double MEN, sizes 40, 42 anrL 44; sleeveless, stitched, well made, cut large and knee length, of knitted material, roomy; sizes Uy 2 to 17— bleached (3 for $2.00), Os hlaok i (ft* /j Q sateen 1 1 Os medium | (]A four-in-hands, neat stripes OPT chambray. jp. a/. tjp 1 z 7 and design-',; 35e quality dmi OC
Weather
The folloiging table shows the state of the weather at 7 a. m. ( Aug. 9, as observed by U. S. weather bureaus: Station. Bar. Temp. Weather. Indianapolis, Ind.. 30,00 70 Cloudy Atlanta, Ga 30.12 70 Cloudy Amarillo. Tex 29.88' 68 Clear Bismarck, N. D.... 29.94 62 Clear Boston, Mass 30.12 78 Clear Chicago, 111. 29.90 72 Cloudy Cincinnati, 0 30.02 70 Cloudy Cleveland, 0 30.08 68 Rain Denver, Colo 29.96 62 PtCldy Dodge City, Kas... 29.92 66 Clear Helena, Mont 29.84 62 PtCldy Jacksonville, Fla. .. 30.16 78 Clear Kapsas City, Mo.. 29.86 70 PtCldy Louisville, Ky 30.04 70 V Rain Little Rock, Ark.... 29.96 70 PtCldy Los Angeles, Cal... 29.86 60 Cloudy Mobile, Ala 30.04 76 PtCldy New Orleans, La... 20.02 76 PtCldy New York. N. Y... 30.18 74 PtCldy Norfolk, Va 30.24 78 PtCldy Oklahoma City 29.88 72 PtCldy Omaha, Neb 29.86 68 Clear Philadelphia, Pa 30.20 76 Clear Pittsburg, Pa 30.10 72 Cloudy Portland, Ore 29.88 64 Cloudy San Antonio, Tex.. 29.96 72 Cloudy San Francisco, Cal. 29.86 54 Cloudy St. Louis/Mo 29.94 68 PtCldy St. Paul, Minn 29.86 64 Clear Tampa, Fla 30.14 78 PtCldy Washington, D. C.. 30.13 74 Cloudy WEATHER CONDITIONS. Since Saturday unsettled weather with high humidities has continued over much of the central Talleys, and showers and thunder storms hare occurred from the Great Lakes southward to the east gulf and south Atlantic coasts, and also tn the middle Mississippi valley and on the eastern slopes of the middle Rockies. The temperature changes, as a rule, have not been decided over large areas. ASKS *2,500 JUDGMENT. Judgment of 2,5050 Is asked In a suit filed in superior court, room 1, by Emma Cook against Joseph B. Weintraub. It is alleged that Weintraub borrowed sums of money from the plaintiff which he never paid.
RECEIVE BIDS FOR NEW LOANS City Council Authorizes $415,000 for Immediate Needs.
Bids for the of temporary loans for the board of sanitary commissioners and the board of public health and charities will be received at the city comptroller’s office Thursday morning. The city council in special session Saturday afternoon authorized the sanitary board to borrow, $200,000 with which to carry on work for which it has been impossible, so far, to sell bonds,/ and the board of health to borrow $215,000 to run it* various departments until Jan. 1. The health board will repay its loan out of taxes available next year under authority granted by an act of the special session of the legislature granting the city the right to borrow in anticipation of taxes two years in advance. The health board must have money before Aug. 15, since it has but $2,000 in the treasury now and a pay roll of $7,000 falling due on that date.
Vincennes Sun Owner Buys Another Paper
VINCENNES, Ind., Aug. 9.—George Purcell, publisher of the Vincennes Sun, a democratic paper, has bought the Vincennes Capital, a republican paper, it was announced here today. The last issue of the Capital was published Saturday. This leaves the Sun the only afternoon newspaper published in Vincennes. It will utilize the machinery of the Capital and will take over much of its patronage, it was announced. The Capital was recently reorganized and was to be published as the offlcUtt republican organ of the Second district.
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