Indianapolis Times, Volume 33, Number 78, Indianapolis, Marion County, 10 August 1920 — Page 9
POCK MARKET l TONE IS FIRM well Gains 6 Points After Early Breaks. NEW YORK, Aug. 10.—The stock market contained a surprise for the speculative .elements in the early trading today when the leading issues were in urgent demand. During the first fifteen minutes a number of stocks moved up 1 to 3 points. Steel common advanced % to 80 and Baldwin Locomotive advanced over 1 point to 104%. * Crucible Steel made a gain of 4 points to 131%. • The Petroleums also showed pronounced improvement. Mexican Pet making a gain of 2% to 153 and Pan-Ameri-can Pet 1% to 79%. There was some weakness in Maxwell Motor common, which dropped 3% to 7%, and the first preferred fell 2% to 16. National Analine was also weak, falling 4% to 70. Railroad stocks were fractionally higher. There was a general disposition among strong interests Mo buy stocks at the opening and this demand continued ail through the first hour, causing a strong Maxwell Motors, after its early break of 3% points to 7%.- rallied to 10. The leading stocks acted in a strong manner and Steel common, after being subjected to boar pressure and reacting to 85%, moved up to 5574. Baldwin Locomotive sold down from 104% to 103%, from which it had a quick rally 104. American International advanced 1% to 69%. New Haven advanced 1 point to 34%, and Reading advanced % to. BT,. There were advances also in the petroleuifi groups. Mexican Petroleum making a gain of 3% to 154%, and Pan-American Petroleum rose 2 points to 79%. Profesisonals were acrive on the short side of the market during the early afternoon, forcing recessions from 1 to 3 points in the more active .Issues. The pressure was soon lifted and prices came back easily. Pierce-Arrow sold off over a point on reports that the plant was laying off men because of the shortage of materials Studebnker last a point in sympathy. The market closed firm. Closing prices were. United States Steel 85%. up %: Baldwin 103, off %; Pan-American Petroleum 79%. up 2: Studebaker 60%. up %: Reading 83%, off %: General Motors, 30, off %: Crucible 128, up %: Mexican Petroleum 153%, up 3; Middle States Oil 12, up ' : Pierce-Arrow 37, unchanged: United States Rubber 82%, up %: Cuba Cane Sugar 36%, off 1%: D. L. & IV. 24%, up %. (By Thomson A McKlnno\.) —Aug. 10— NEW YORK. Aug. 10.—A reminder that business readjustment is tending to bring about deflation in prices for staple commodities, was had today in reports of actual transactions in granulated sugar at a sharp reduction from nominal quotations maintained by leading refiners. Sugar shares broke sharply in the late trading, the weakness in this quarter becoming the outstanding feature of the market. Trading in other issues, industrials as well as rails, dwindled to insignificant proportions long before the close, with prices showing a fairly steady tendency after moderate gains, which had been registered in some active speculative favorable. News that-* bolshevik forces were massing for a final drive on Warsaw, evidently influenced the trade as a whole to stand by and await developments. The encouragement which the bolshevik has received from the seemingly symf>athetic attitude of various labor parties n Europe is recognized in international banking circles as one of the unfortunate developments in the situation, until there is definite improvement, in news front abroad we do not look for any change in character of trade. NEW YORK LIBERTY BONDS. NEW YORK. Aug. 10— Liberty bond quotations: -First 3%5, 90.82: first 4s, 85.10; second 4s, 84.40; first 4%5, 85.30: second 4%5. 84.56: third 4%5. 88.50: fourth 4%6- SS.OO; Victory 3%5. 95.66; Vicotry 4%.->. 96.64.
MOTOR SECURITIES. (By Thomson fc AloKinnon.t ■yAug. 10— - OpeningBid. Ask. Briscoe 36 39 Chalmers, com 2 5 Packard, com s 17% IS Packard, pfd 84 86 Chevrolet 250 60 Peerless 30 33 Coot. Motors, com 8% 9 Coat. Motors, pfd 95% 97% Hupp, com 13** 14% Hupp, pfd 98 10) Beo Motor Car 21 2114 Elgin Motors 8% 9% Grant Motors 4 4% Ford of Canada 355 365 United Motors ..... 38 50 National Motors 9 10 Federal Truck 32 35 Paige Motors .' 25% 26% Republic Truck 40 41 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —Aug. 10— - —Opening— Bid. Ask. Anglo-American Oil 20 20% Atlantic Beflning 1050 1100 Borne-Scrymser 420 440 Buckeye Pipe Line 84 86 Chesebrough Mfg. Cons 220 230 Cheaebrough Mfg. Cons. pfd. 109 105 Continental Oil, Colorado... 110 120 Cosden Oil and Gas 6% 6% Crescent Pipe Line 27 20 Cumberland Pipe Line 140 145 Elk Basin Pete 6% 6% Eureka Pipe Line 97 100 Galena-Signal Oil. pfd., new. 88 92 Galena-Signal Oil, com 38 42 Illinois Pipe Line 100 155 Indiana Pipe Line 87 90 Merritt Oil 11% 12 Midwest Oil 1 \% Midwest Rfg 146 149 National Transit 24 26 New York Transit 160 170 Northern Pipe Line 9f, 95 Ohio Oil 278 283 Oklahoma P. & R 5% 5% Penn.-Mes 45 45 Prairie OH and Gas 520 610 Prairie Pipe Line 183 390 Sapulpa Refg 5 514 Bolar Refining 340 360 Southern Pipe Line 120 125 Booth Penn. Oil 240 26*1 Southwest Penn. Pipe Lines. 62 65 Standard Oil Cos. of Cal 300 304 Standard Oil Cos. of Ind 625 635 Standard Oil Cos. of Kas.... 510 520 Standard Oil Cos. of Ky 325 .350 Standard Oil Cos. of Neb 400 440 Standard Oil Cc. cf N. Y 345 355 Standard Oil Cos. of Ohio 415 440 Swan & Finch 5 go Union Tank Line 116 120 Vacuum Oil 245 255 Washington Oil 27 33 NEW YORK CURB MARKET. (By Thomson & McKinnon.) —Aug. 10— —Closing— Bid. Asked. Cnrtls Aero com 4 8 Curtia Aero pfd 40 50 Texas Gulf 12 15 Sub Boat 9 n First National Copper at 114 Goldfield Con 9* n Havana Tobacco 1 Havana Tobacco pfd 5 10 Cent. Teresa 5 5^ Jumbo Extension 4 5 International Petroleum 31% 32 Ninissing 8% 841 Indian Pkg 5% 0% Royal Baking Powder 120 130 Royal Baking Powder-pfd... 80 90 Standard Motors 8 9 Salt Creek 29 32 Tonopah Extension Isl Tonopab Mining 114 i*r United P. S. new 114 ii 2 U. S. Light and Heat 2% 2^ U. S. Light and Heat pfd... 3 5 AV right-Mattin 2 6 World Film u & Yukon Gold Mine Cos 1 2 Jerome % .% New Cornelia 18% 17% United A’es-tle 29 31 Sequoyah % Omar Oit 2% 2% Rep. Tire IA4 2*4 NEW YORK METAL MARKET. NEW YORK, Aug. K).—Copper—Quiet; spot and August offered at 18%c; September at 18%c; October offeied at 9c. Lead—Duil; spot and August offered 910 c. Spelter—Dull; spot to November, to m
Indianapolis Securities —Aug. 10— STOCKS. Ind. Ry. & Light com 55 ... Ind. Ky. & Light pfd 95 Indpls, & Northwest, pfd 75 ludpis. & Southeast, pfd 75 Indpls. St. Railway . 50 Terre Haute T. &L. pref... 50 '... T. H„ I. & E. com 1% 5 'A. H., I AE. pfd 9% 16 T. H„ T. & I. pfd 53 70 U. T. of Ind. com ... 1 U. -T. of Ind. Ist pfd 10 U. T. of Ind. 2d pfd 2 Miscellaneous— Advance- Rumely, com 25 Advance-Rumley pfd 61 ... Amer. Central Life 235 Amer. 'CTeosoting pfd 93% 99 Belt Railroad com 70 78 Belt Railroad pfd 47% Century Building pfd 93 Cities Service com 270 275 Cities Service pfd 64% 65 Citizens Gas 30% ... Dodge Mfg. pfd.... 99 Home Brewing 65 ..? Indiana Hotel 60 Ind. National Life 4% ... Ind. Title Guaranty 59 60 Indiana Pipe Line 84 90 Indpls. Abattoir pfd 48 51 Indianapolis Gas 48 54 Indpls. Tel. com 3% ... Indpls. Tel. pfd SO "Mer, Pub. Util, pfd 44 63 National Motor 9 Public Savings 2% ... Rauh Fertilizer pfd 40 Standard Oil of Indiana 640 Sterling Fire insurance 8% 9% Van Camp Hdw. pfd 95 VunCamp Pack, pfd 95 Van Camp Prod. Ist pfd 95 Van Camp Prod. 2d pfd 95 Vanfdalia Coal com 5 Vandal ia Coal pfd 5 Wabash Ry. com 8 ... Wabash Ry. pfd 24 ... Banks and Trust Companies— Aetna Trust 100 Bankers Trust 118 ... City Trust 82 ... Commercial National 65 /... Continental National 112 Farmers Trust 200 ... Fidelity Trust 120 Fletcher Am. National 257 Fletcher Sav. A Trust 163 Indiana National 283 257 Indiana Trust '...A 195 ... Live Stock Exchange 4uo Mer 'hunts National 275 National City 112 120 Peoples State 176 ... Security Trust 120 ... State ’-Savings A Trust...... 89% ... Uniou Trust 340 370 Wdoh. Bank A Trust 145 ... BONDS. Broad Ripple 5s 46 Citizens St. Ry. 5a 72 80 Ind. Coke A Co, 6s 87 Ind. Creek Coal A Min. 65.. 98 Ind. Union Traction Indpls. A Coiutn. South. sa. 88 Indpls. A Greenfield 5s 90 Indpls. A Martinsville 55... 52 -... Indpls. A North. 5s 35% 40 Indpls. A Northwest. 5s 4* 56 Inctpis. A Southeast. 5s 44 64 Inupis., Shelby. A S. E. 55.. 75 90 Indpls. St. Ry. 4s 56% 63% Indpls. Trae. and Ter. 55.. 65 Kokomo, Marion A Western. 80% 85 T. H., 1. A E. 5s 4ft 57 Union Trac. of Ind. 5s 49 69 Citizens Gas Cos 72% 79 Ind. Hotel 2d 6a 96 100 Ind. Gas 5s 72 80 Indpls. Water 5s 89 92 Indpls. Water 4%s 71 80 M. U. and L. Re?. 5s S7 91 New Tel. Ist 6s 94 ... New Tel. Long List. 5s 93% ... South. Ind. Power 6s 86 LIBERTY BONDS. Liberty 3%s 90.74 91.00 Liberty first 4s ' Liberty second 4s 84 36 84.62 Liberty first 4%s 86.26 85.52 Liberty second 4%s 84.54 64.84 Liberty third 4%s 88.42 88.68 Liberty fourth 4%s 84.94 85.22 Victory 38.S 95.58 83.04 Victory 4%s 05.66 95.82
Money and Exchange Indianapolis bank clearings Tuesday were $3,786,000, against $3,440,000 a week ago. NEW YORK, Aug. 10.—Commercial bar silver; Domestic unchanged at 99%; foreign at 95%. New York clearing bouse statement: Sub-trasury credit, $446,871; exchanges. $932,191,146; balances, $67,037,076. LONDON, Aug. 10,—Bar silver was %and lower today at 59-%d. Terse Market Notes STOCKS. NEW YORK, Aug. 10.—Foreign news is still cloudy. There is not much to warrant traders taking the buying side as yet in view of the real liquidation pressing on the market. the selling will overcome the buying until the volume of short selling exceeds the liquidation. So spurte may be used for sales in the so-called active stocks. COTTON. NEW A'ORK, Aug. 10.—Opening paid no attention to firm cable and later gained strength on purchases due to unfavorable crop reports from Texas and a weather map showing general rains needed. The Texas reports were chiefly complaints of insect damage and some of the buying was in expectation of a bullish weather report tomorrow. The demands came chiefly from the leading spot houses. Spot cotton In Texas was reported firm after yesterday's decline of 90 points at Dallas. Steel Reports Show Big Production NEW YORK, Aug. 10.—July production of steel ingots reported today totaled 2,802.818 tons, compared with 2.980,090 tons in June and 2,508,176 tons In July, 1919. Tie report, made by the American iron and steel institute, includes thirty companies producing in 1919, about 'BS per cent of the total output. In the first seven months of 1920, 20,437.252 tons of ingots were produced, eon* pared with 17.370,856 tons in the corresponding period in 1919. CHICAGO STOCKS. (By Thomson & McKinnon.) —Aug. 10Open. High. Low. Close. Carbide & Carb 59% 60% 59% 59 Libby 11% 11% 11% 11% Montg.-AVard... 29% 29% 29 29 Nat. Leather... 9% 10 9% 9% Sears-RJ*k 132 132 130 130 Stewart-Wrnr.. 29% 30 29 % 29% Swift & C0....104% 194% 104 104 Swift. Intnat... 29% 30 29% 29% Am. Leather... 15% HAS MANY UNFILLED ORDERS. NEAV YORK. Aug. 10.—The unfilled tonnage of the United States Steel corporation on July 31, reported today, was 11.118,468 tons, against 10,978,817 tons on June .30, 1920. - This is an increase of 139,651 tons. On May 31, 1920, unfilled orders aggregated 10.940,466 tons; on April 30, 1020, 10,359,747 tons, and on July 31, 1019, 5,578,661 tons. SECURITIES HAVE EVEN TONE. ’ - NEW YORK, Aug. 10.—The market for* outside securities developed au easier tone after the opening today. United Retail sold down to 9, anew low mark. General Asphalt eased off from 44% to 42. CLEVELAND PRODUCE. CLEVELAND. Aug. 10.—Butter—Extra in tub lots, s©@sß%c; print*, G0(?|)60%e; extra firsts, 57%@58c: firsts. 56%W57c; seconds, 52@55c; packing, .35c. Eggs— Fresh gathered n- rthern. Ohio extras, 54c; extra firsts, 31c; first*, new cases, 50c; first, old cases. 49c; western firsts, new cases, 48c. Live poultry—Good fowls, 37<fr38c: broilers, 40<350c; old roosters. 23<g24c; spring ducks, 30@37c. LOCAL HIDE MARKET. Green Hides—No. 1,15 c; No. 2,14 c. Green Calves—No. 1,22 c; No. 2, 20%e. Horsehides-No. 1, $7; No. 2, $6. Cure#^
BULLISH MOVES BRING GRAIN UP Polish Situation „Is Still & Bullish Feature. CHICAGO. Aug. 10.—Short coverings started a buying wave on the grain market today, following an opening sag dne to the bearish government crop report and all grains were forced up several cents over yesterday’s close. The military situation in Poland continued to be a bullish feature. December wheat opened at $2.31, off lc from yesterday's close, and closed at $2.37%. March wheat was off % at the openin?, at $2.41%, but gained 6%c at the cl ose. September corn, after opening at $1.42%, down l%c, closed at $1.47. December opened at $1.22, off %c, and closed at $1.24%. September oats were % lower at the opening but later gained 2%, closing at 72%. December oats opened at 69%, off %, and closed at 70%. Provisions were higher despite a lower hog market (By Thomson A McKinnon.) —Aug. 10— Wheat—Crop report of yesterday check selling of wheat by those who favor lower prices. Buying by cash interests and seaboard houses appeared soon after the opening. The seaboard houses said that France has been buying under cover and there is some evidence that there has been foreign buying of the future deliveries in this market A leading crop expert, now in North Dakota. claims that the probable yield of spring wheat has been considerably reduced by climatic conditions since the government report was ’compiled. One other item of strength is the disappointingly small movement of winter wheat. Corn —The character of the trade In the early corn market suggested that yesterday's erop report had been fully anticipated. This was shown in the absence of any Important selling. Market given considerable evidence of being oversold. Further than this the demand for cash corn is larger than the moveinetg, contract grades selling 10 to 12c over the September. Farmers are not selling and stocks in country elevators are thought to be fairly well cleaned up. The market is in poor position tc withstand the appearance of high temperatures. The forecast for the week calls for temperatures somewhat above normal with no rain. Would not be surprised to see a rather strong market for the next few days, particularly in the event that heat overaspreads the west. Oats—The movement of the new crop of oateis not up to expectations. Because of this leading cash handlers bave been liberal buyers of the September delivery. There is a little foreign inquiry noted at the seaboard, but no business, closed. We are of the belief that this market, like corn, is heavily and should rule strong for some time ar least. Provisions —Holders of hog products are by no means confident of their posltß>n and more or less liquidation appears. Market receives support when necessary, but there have been no developments in wsy of cash trade to suggest maintaining strength. CHICAGO GRAIN. —Aug. 10 — WHEAT— Open. High Low. Close. Dec 231 • 1.39% 2.31 237% March... 2.35 2.43 235 2.41% CORN— Sept.... 142% 147% 1.41% 147 Dec 1.22 1 26% 121% 124% Sept.... 70 % 72% 70% 72% Dec 69% 70% 69% 70% -PORK Sept. .. 24.75 25 15 2175 24.95 tfet 25 55 25.60 25.55 25 55 18 20 13 75 18.45 18.65 Oct 19 00 19 07 13 82 19.00 R !-eiu~... 15.20 15 10 15 17 13 35 Oct 15.60 15 80 1.3.55 15 63 CHHAGO CASH GRAIN. CHICAGO. Aug 10—Wheat—Nrv 1 red. $2.504(2.52: No. 2 red. $2 46%82.52; No. 1 hard winter, $2.478253%; No. 2 hard winter, $2.4682 49%: No. 1 northern spring. $2 568252; No. 1 mixed. $2,478 2.48; No. 2 mixed. $2.44. Corn—No. *157©1.58; No. 2 white, $15781.58: No. 1 mixed. $1.58481.57%: No. 2 mixed. $1.58%; No. 3 mixed. $150; No. 2 yellow. $1538159: No. 3 yellow, $150; No. I white $1518152. Oats—No. 1 white, 72 875 c; No. 4 white, 70%@71%c; standard, 7<>%@710. TOLEDO CABH GRAIN. TOLEDO, Aug. 10—Close; WheatNo 1 December, $2.55. Corn —$1.25. Oats—No. 2 white. 79880°- By*—No. 2. $1.96. Barley—No. 2, SIOB. t’loverseed —Cash sl9 50; October, $19.60; December. sl9: March, $19.60 Timothy—Cash (1917 and 1918), $4.15; cash (1919) and September. $4 2.3; October. $4 06; December 84 10; March. $4.25. Alsike —Cash and October, $19.50; December, sl9 60; March, $20.10. Butter —00c. Eggs—s3c. Hay—s-. 30.
PRIMARY MARKETS. (By Thomson 5- McKinnon) —Aug. 10— Wheat. Corn. Oats I Chicago 358.000 174.000 549.000 Milwaukee ... 7,000 3.000 18.000 Minneapolis ... 173,000 6.000 18.000 Duluth 58.000 St Louis 380,000 26,000 1)8.000 Toledo 66.000 8.000 12,000 Detroit 4.000 3,000 Kansas City .. 230.000 6,000 22.000 Peoria 44.000 18,000 70,000 Cmaha 188.000 32,000 • 22.000 Indianapolis .. 90,000 22,000 140,000 Totals 1.593,000 298.000 960.000 Year ago ...2.104,000 121,000 550,000 Shipments— Wheat. Corn. Oats. Chicago 60,000 116.000 93,0(\) ! Milwaukee .... 10.000 1,000 45.000 Minneapolis .. 78.000 10.000 17,000 St. Louia 207,000 17,000 41.000 Toledo 5,000 3.000 2,000 Detroit 3.000 Kansas City .. 190.0 *0 4.000 12.000 Peoria 41,000 5,000 34,000 Omaha 68,000 11.000 16,000 Indianapolis .. 1,000 24,000 16,000 Totals 660.000 194,000 276,000 Year ago ...1,948,000 158,000 425,000 —Clearances— Dom. W. Corn Oats. New York/..?. 191,000 New Orleans .. 160,000 Totals 851.030 Year ago ... 554,000 INDIANAPOLIS CASH GRAIN. —A}ig. 10Bids for car lots of grain and bay at the call of the Indianapolis Board of Trade were: Wheat—Strong; through billed, track, milling. No. 2 red, $2.51. Corn—Steady; No. 3 yellow, $1.63%. Oats—Steady; No. 2 white, 76%(® 77%c; No. .3 white, 766077 c; No. 4 white. 75c: No. 2 mixed, 75%c. Hay—Firm; new No. 1 timothy, $27.50 (<#28.00; new No. 1 light clover mixed, [email protected]. ‘ —lnspections— Wheat—No. 1 red, 14 cars; No. 2 red, 27 cars; No. 3 red. 9 oars; No. 4 red. 2 cars; No. 5 red, 2 cars'; No. 1 hard, 4- cars; No. 1 mixed, 4 cars; total, 62 cars. Corn —No. 2 white, 7 cars; No. 2 yellow, 6 cars; No. 3 yellow, 2 cars; No. 0 mixed, 1 car; sample mixed, 1 car; total, 17 cars. Oats—No. 1 white, 7 cars; No. 2 white. 40 cars; No. 3 white, 31 cars; No. 4 white, 2 cars; No. 1 mixed, 2 cars; No. 2 mixed, 2 cars- total, 84 cars. Rye—No. 1, 2 cars; No. 2, 2 cars; total. 4 cars. Hay—No. 1 timothy, 3 cars; standard timothy, 2 cars; No. 2 timothy, 2 cars; No. 1 clover rn'xed, 1 car; total, 8 cars. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load: Hay—Loose timothy, old, $32@34; loose timothy, new, $25@28: mixed hav, old, 529(j&31; mixed, new, $24(&27; baled. $35@3S. Corn—Bushel, [email protected]. Oats—Bushel, old. 80fi£90c; new, 05(gi 75c. WAGON WHEAT, Indianapolis fiour mills and elevators are paying $2.20 for No. 1 red wheat, $2.17 for No. 2 red and $2.14 for No. 3 **d. Otßer grades according to quality - *"'■ 'J .
INDIANA DAILY TIMES, TUESDAY, AUGUST 10, 1920.
In the Cotton Markets ! NEW YORK, Aug. 10.—Selling by Wall street and for the southwestern accounts caused declines of 2 to 10 points at the opening of the cotton mnrket today, but the loss was soon recovered and the market became firmer. Cables came firm, while a little purchasing developed. At the end of the -first twenty minutes the list was fi’tn at a net gain of 30 points on October, and about 17 points on December. New York range— Open. High. Low. Close. October 31.30 32.20 31.30 32.15 December .... 30.18 31.10 30.18 31.04 January 29.00 29.90 20.00 - 29.83 March 28.58 29.45 28.57 29.45 May 28.10 28.87 28.00 28.78 NEW ORLEANS, Aug. 10.—Cotton futures opened irregular, 26 points lower to 29 points higher, and after a short reaction of 2 to 25 points, prices hardenedened on good buying and adverse crops conditions together with a better foreign outlook, advancing; 41 to 70 points above the opening. The close was very steady, net 64 to 75 points over yesterday’s finals. Open. High. Low. Close. October 30.65 31.06 30.40 31.02 December .... 29.62 30.24 29.53 30.20 January 28.70 29.48 28.79 29.47 March ~ 28.50 29.20 28.48 2ft.2<r May 27.98 28.45 27.95 28.45 BIG APPLE CROP IS PREDICTED Biggest Crop in Years Forecast—Average Price, $5.50 Bbl. CHICAGO, Aug. 10.—The biggest apple crop in years, but the same prices as last year, was the prediction made today at the opening s-'-ssion of the Internationa! Apple Shippers’ association in convention here. Members, of whom there are 400 here, explained the Increased production would be offset by increased cost of harvesting and shipping. An average price of $5.50 a barrel was forecast by President E. T. Butterworth of Philadelphia. Early Michigan apples went for higher prices than last year, but the market has returned to the old level, be said. On Commission Row j Alligator pears are on the market at $4 a dozen. There is still a good supply of green beans on the market. There is a small supply of hotnef;rown sugar pears on the market, sellng at $3 a basket. Cantaloupes are down $1 today, selling from $1 to $3.50. and only a Tew brought the top price Berries are practically off the market, that Is they have teased to come in and the few that are on the market are so soft that they are hardly salable. Tomatoes are again down, due to the supply that '•amc on the market from thoss gathered Monday There was but little change in the price. ha*kets selling at 75 cents, by the bushel $2. There was sn unusual stir in the produce market today for this time of the week. Buying begun early and contin ued late, due probably to the fact that many of the garden spots that have been kept during the summer are beginning to fall to produce enough to meet family consumption. TODAY’S PRICES. Apples—Baskets. SLSO©3. Bananas —Pound. $8.30 @9.50. Cabbage—How grown, bbl. SL3O@2; lb, 2c. Beans —Michigan nary, in hags, per lb, B%@9c; California pimas, in sacks. 13© ; 14c; marrowfats, per lb, 14%@ttc; green, fancy, home grown, bushel. $1 @1.25 Beets— Fancy. Kentucky, per hamper. ! $1.26: home-grown, dot. 40c Carrots-Home grown. 30c per do* Cantaloupe—Crate, aiandard. $1(33 30; flat, 50@75<\ Celery—Mlehlgan, 6 do* crate, $1 752(5. 3.25. ! Cucumbers—Home grown, doz, sl. i Curran'-K—Home-grown. 25-qt basket, $6(0.7.25. ! Kale—Fancy home rowu, r*r lb. $1 @1 50. LemoU*— Extra fancy. California, $1250 @3. ! Mangoes—Fancy big basket. sl23© | 1250. Melons—Honey Dew, crate. $3@3,80; southern Indiana Tip Top, bbl, $4.50@5 Oranges—Extra fancy California*. 14vels. ss@7; Valencias. $4.75©6. Onions—lndiana, yellow and white, bu $1250: home-grown, green, doz, 15©2.V. Parsley—Fancy home-grown, 30c do*; $4.25(84250. Penis—California Itartiert, 40-lb erne*. $4.50@5: alligators, per doz, $4; home grown sugar pears, bu. $3 Peas— Fancy Mississippi, per hamper, $3(83.50; fancy Telephones, nu, $4 Potatoes—Virginia and Keutuoky Cobblers, bbl, $7250(8^.50; new home-grown, s7@B 50. Radishes—Home-grown, button, do* bunches, 25@35c. @ 4 50. Rhubarb— Home-grown, do* hunches, 35°. Tomatoes—Bu, $t.25@2; basket, T3e. Huckleberries—l*..me-growu, 18-lb. $1 Sweet Potatoes—Alabama, bu. $3@350. Peaches-Alabama, per crate. $4 50@ 5.50; per bu, ss@6. Watermelons—Georgia, small. 40 @ 45c. Jumbos, 60<290e. Plums—California blue, per crate, $3 50; Blue Damsel, half bu baskets, $2.50(82.75; Burbanks, basket, $1; bu. $3(84: Wild Gooi*e, basket, $1621.50; Green Gage, bu. $1.5001.76. Eggplant—Home-grown, per doz. s3@ 3.50. Sweet Corn—Home-grown, doz, 40c. WHOLESALE MEATS. Wholesale meat prices are uoted by Indianapolis packers as follows; llama —Regular, 14 to 16 lbs, 39%c; skinned, 8 to 10 lbs, 42%c; fancy boiled, 10 to 18 lbs, 63c. Bacon—Fancy breakfast, 5 to 7 lbs, 48c; fancy sliced, 1-lb carton, 57c; sugar cured. 4 to 6 lbs average, 47c. Lard—Refined tierce* hnsis, 21c; open kettle, tierces basis, 21%©220. Fresh Pork—Spare ribs. 18%e; shoulder bones, 7%c; tenderloins. 62@65c; dressed hogs, 25c. Bee?—Steers, medium, 40 to 500 lbs, 20c; No. 2 he'fers, 19c; native cows, 22% (826 c; medium .cows, 14c; loins. No. 2, 35c; No. 3,34 c f ribs. No. 2,27 c; No. 3, 25c; rounds, No. 2. 28c; No 3,27 c; chucks. No. 2,15 c; No. 3.14 c; plates,! cow, No. 2, B%e; No. 3. Bc.
Weather The following table sbova the state of the weather at 7 a. in., Aug. 10: Station. Bar. Temp. Weather. Indianapolis, Jnd.. 38.08 71 PtCldy Atlanta. Ga 30.08 70 Cloudy Amarillo, Tex 29.81 06 Cloudy Bismarck. N. D.... 29.88 <SB Cloudy Boston, Mass 30.00 70 Cloudy Chicago, 111 29.92 74 PtCldy Cincinnati, 0 20.90 7.’ Hain Cleveland, 0 29.04 OS Cloudy Denver, Colo 29.94 00 Cloudy Dodge City, Kas... 30.00 oi Clear Helena,. Mont 29.96 68 Cloudy Jacksonville, Fla.. 30.12 78 Clear Kansas Git.v, Mo.. 29.00 72 Clear Louisville, Ky 30.00 74 PtCldy Little Rock, Art.. 29.90 58 PtCldy Dos Angelos, Cal.. 29.96 60 Clear Mobile, Ala 30.04 78 CloudyNew Orleans. La.. 30.02 78 Clear New York, N. Y... 30.04 74 Cloudy Norfolk, Va SO.IO 76 Cloudy Oklahoma City 29.01 66 Clear Omaha, Neb 29.96 72 Clear Philadelphia, Pa.. 30.01 76 Rain Pittsburg, Pa 29.98 72 Cloudy Portland, Ore 30.14 60 Clear Rapid City, 8. D... 29.54 60 Cloudy Roseburg, Ore 30.12 61 Clear San Antonio, Tex.. 29.96 71 PtCldy S.au Francisco, Cal. 29 94 52 Clear St. Louis, Mo 29.9.8 71 Clear St. Paul. Minn 29.90 66 Clear Tampa. Fla 30.12 78 ricar Washington, D. C.. 30.02 74 Cloudy WEATHER CONDITIONS. Unsettled weather has continued tn the central volleys, with shower* und thunderstorms from the lakes region southward to the east gulf and south Atlantic coasts, and also In the Rocky mountain states. Except in small area* the changes In temperature have not been of marked degree. J. H. A RATING TON.
HOG PRICES DROPSOCENTS Slight Competition and Good Supply Were Factors. RANGE OF HOG PRICES. Good Good Good Aug. Mixed. Heavy. Light. 4 . *[email protected] $14.50 @15.00 $16.00018.50 5. [email protected] [email protected] 16.25 @ 16.75 6. [email protected] [email protected] [email protected] 7. [email protected] 15.00@15,50 16.00®16.25 9. [email protected] 15.75 @15.75 [email protected] 10. 15.00 @15.25 [email protected] [email protected] Slight competition between the eastern shippers and local packers and a fairly good supply of good light and heavy hogs brought the price of hogs on the market today down 25 to 50 cents. Local packers bought slightly more than half of the hogs on the market, while eastern shippers took approximately 3,000. Receipts for the day approximated 8.000, with 7,000 fresh hogs and 1,000 left over from Monday. It was thought that there will be approximately 1,000 left over for tomorrow’s market. * At the opening of the market eastern were paying sl6 for good light nogs, but local packers bought at 25 cents lower and there was a general downward movement by the shippers. The price schedule set by local packers was: Hogs weighing 160 to 225 lbs, $15.75; 225 to 250 lbs, $15.50; 250 to 275 lbs. $15.25, and 275 to 300 lbs, sls. Roughs brought sls down, while the pig market was comparatively steady with yesterday. The bulk of the sales ran between $15.25 and sl6. The cattle market, with the exception of one load of fine steers that buyers were bidding $16.50 for at the opening of the market, was steady with yesterday. The feature of the market was the lack of good cattle, much of the stuff in commission men said should not be on the market. The only noticeable drop In prices was in winners, where there was a drop of 50 cents. Cattle receipts approximated 800. with a few left over from Monday. Buying and selling was but slightly more active than on Monday. The market for calves was steady to strong with the bulk of good calves bringing $16.50 and a few outside bringing as high as sl7. Receipts approximated 600. The sheep and iamb markelwas steady with receipts at approximately 600. HOGS. Best light boga. 160 to 200 lba average [email protected] 250 to 300 lbs. average 15.00015.25 Over 300 lbs 14.50@16 00 Sows [email protected] Best pigs, under 100 lbs [email protected] Bulk of sales [email protected] CATTLE. Prime eornfed steers. 1.34 W lb* and up [email protected] Good to ehoice steers. 1.200 to 1.300 lbs 13 [email protected] Good to choice steers. 1.100 to 1,200 lbs [email protected] Good to choice steer*. 1,000 to 1,100 ibs [email protected] Common to medium steers. 900 to 1,000 Ibs 8.50@ 10.50 —Heifers and Cows— Good to choice heifers [email protected] Medium heifers .. .✓ 8.00M11.U0 Common to medium heifers. 6.50@ 8.23 Choice cows [email protected] Good to choice cows 7.50@ 8.71 Pair to medium tows 6.50@ 7.75 Cancers 3.75© 4.50 Cut'ers* 6.750 7.75 Bulls— Good to choice butcher bulls 7.50@ 0.90 Bologna bulls 6.50@ 8.00 Light common bulls 4.50@ 6.50 —Calves— Choice veals [email protected] Good veals [email protected] Medium reals [email protected] Lightweight veals [email protected] —Stockers and Feeders— Gon-l to choice steers, 889 ibs. and up 9.00@ 10.00 Good to choice steers, under SOU lbs 800@ 9.00 Medium to good cow* 5.60@ 6.00 Goods cows 6.000 7.00 Good betters T.oo@ 8.00 Medium to good heifers 7.75® 8.23 Good milkers 6n.0f>@125.00 Medium milkers [email protected] Stock calve* 230 to 430 1b5.... 7.00@10 00 SHEEP AND LAMBS, Good to choice sheep 3.00@ 5.78 Fair to good sheep 2.50@ s.u* Common to medium sheep ... 2.5Q@ 3*j Bucks 2.50@ 4.50 Lambs— Common to choice yearlings. 6.00® 8.00 Spring lambs [email protected] Other Live Stock CHICAGO, Aug. 10.—Hogs—Receipts, 22.000; market steady to 25c lower; bulk. sl4Ot 16; top, $16.10; heavy, sl4 50(315.75; medium. Sl6'ul: light, $15.20® 16.10; light lights, sl3 15i31ti • heavy packing j sows, smooth, sl4® 14.85; packing sows, i rough. $13.60@, 13.90; pigs, $14.50015.75. Cattle Receipts, 9.000; market, steers strong to 28c up; other* steady to strong;! Beef steers, ehoice and prime $16.25® 17250; medium and good, [email protected]; good and choice, $14.75® 17.25: common and medium, $10.30012.25: butcher cattle, heifers s6® 14.90; cows, ss® 12.50; bulla. $64111.75; runners and cutters, cows ana heifers, s4®6; runner steers, $4 50@7; veal calves, [email protected]; feeder steers, SUSO @11.50; stocker steer* [email protected]; Stocker cows and heifers, $508.50. Sheep—Ke reipts, 21,000; market steady; feeding lambs 25c tip; lambs, 84 lbs down, $11.75 @14,35; lambs, cull and common, s*.so@ 1150; yearling wethers, $8.50012; ewes, $6.504?8 50 ; ewes, culls and common, $3 @6; breeding ewes, $(!.50(311; feeder latnbs, slo@ 12.25. CINCINNATI. Aug. 10-Hogs-Re-ceipts. 3.200; market slow; heavy, $15.25 @15.75; mixed, medium and light. $16.28; pig* $13.30; roughs, $12210; stags, $9.80 Cattle—Receipts. 500; market. slow, steady: hulls, weak; calves, $16.50. Sheep and lambs—Receipts, 2.500; market weak; sheep, $7.50; lambs, sls; quality poor. EAST BUFFALO, Ang. 10.—Cattle— Recelpta, 128; market slow, steady; shipping steers, $14.30@15. butcher grades.
INVEST WITH A YOUNG COMPANY AND LET YOUR MONEY GROW The Stevenson Gear Company is less than one year old and is growing by leaps and bounds. Buy S%, Participating, Preferred Stock and secure Common Stock aa a bonus. Stevenson Gear Company 042 Daly St, Indianapolis, Ind. Phone Prospect 2404.
CENTRAL STATES AGENCIES Incorporated under the laws of the State of Indians Financial Brokers and Underwriters Phones “ut“ aHze SI 5 to 618 Lemcke Building
sß@l4; cows, $30950. Calves—Receipts, 425; market slow, 26c lower; culls to choicie, [email protected]. Sheep and lambs — Receipts, sl4; market slow, steady; choice lambs, [email protected]; culls to fair, $10013.50; yearlings, $10@11; sheep, $5 @lO. Hogs —Receipts, 2,500. market' steady, 10@25c lower; yorkers, $16.75@ 17; pigs, [email protected]; mixed, $16.70@ 16.90; heavies, $16016.50; roughs, sll® 13.25; stags, sß@lo. CLEVELAND, Aug. 10.—Hogs—Receipts, 2,500; market slow; yorkers, $16.50; mixed, $16.50; medium, $16.50; pigs. $16.50; roughs, $12.50; stags, SB. Cattle—Receipts, 400; market slow. Sheep and lambs—Receipts, 500; market lower; top, $lO. Calves—Receipts, 500; market 60c lower; top, $lB. EAST ST. LOUIS. Aug. 10.—CattleReceipts, 6,500; market steady; native beef steers, $12.30016.35; yearling beef steers and heifers, [email protected]; cows, [email protected]; stockers and feeders. [email protected]; calves, [email protected]; canners and Clutters, $3 50(05.50. Hogs—Receipts, 10,500; market steady ; mixed and butchers, sl7@ 16.30; good heavies. $14.75® 15.75; rough heavies, [email protected]; lights, $16.25© 16.50; pigs, $12.50<g16; bulk of sales, [email protected]. Sheep Receipts, 3,500; market steady: ewes, muttons, $7.50® 8.25; lambs, [email protected]; canners and cutters, [email protected]. PITTSBURG, Aug. 10.—Cattle—Receipts light; market steady; choice, $15.25 @15.50; good $14<@14.75; fair [email protected]; veal calves, sl7@lß. Sheep and lambs— Receipts light; market steady; prime wethers, $8.50@9; good, $7.25@8; fair mixed, ?6.50@7; spring lambs. [email protected]. Hogs—Receipts, 15 doubles; market steady; prime heavies, $15.75@16; mediums and heavy yorkers, [email protected]: light yorkers, [email protected]; pigs, [email protected]; roughs, [email protected]; stags, $8.50@9. CORN AND WHEAT BULLETIN. For'the 24 hours ending at 7 a. m., 90th meridian time, Tuesday, Aug. 10: Temper- . ature. j^| Stations of ns?: Indianapolis Dist-iet % HI'S Si “| hi Ow South Bend I 84 [ 65 I 0.04 ( Good Angola 84 63 1038 ! Good Ft. Wayne 82 : 66 ! 0.02 ' Wheatfield i92 62 I 0.07 ( Good Royal Center....! 82 ! 66 ! 0.26 > Good Marlon 86 ■ 66 0 ! Good Lafayette 84 !65 . 0 ; Good Farmland 1 S3 j 67 ' 0 35 ! Good Indianapolis .... 64 71 i 0.25 Good Cambridge Clty.J 84 j 66 0 Good Terre Haute j 86 : 70 0 [Good Bloomington ... 86 67 0 | Fair Columbus 1....J68 0 Rough Vincennes 88 : 69 0 [Good PaolJ ! 86 j 68 0 ! Fair Evansville j 86 I 72 | 0 | J. H. ARMINGTON. Meteorologist WeatHer Bureau. WHOLESALE PRODUCE. Eggs—Fresh, lose off, 45c. Poultry—Fowls. 30; broilers, 1% to 2 lbs, 38c; cocks. 17c; old tom turkeys, 32c; young tom turkeys, 12 lbs and up, j 37c; young hen turkeys, 8 lbs and up, 37c: °uH thin turkeya not wanted: ducks. 1 -1 lbs and up, 20c; ducks, under 4 lba. ; 17c; young ducks. 23c; geese, 10 lb* and up. 16c; young bcese, 22c; squaba, 11 ! ibs to dozen, $6. Butter—Clean packing stock, 36c lb; fresh creamery butter In prints is selling at wholesale at 55@00e; <n tubs. 55' Butterfnt—Buyers are paying 56@5Sc for cream delivered nt Indianapolis. Cheese (Jobbers selling prices—Brick, :io@32c lb; New York cream, 35c; Wisconsin full cream, 29@32c; longhorns. .’■o@32e; Umburger, 33%@36c; Swiss, domestic. 60@65c; imported, sl. CHICAGP PRODUCE. CHICAGO. Aug. 18.—Butter—Creamery extras. 32@53%c; creamery firsts, 53@ 53%c; firsts. 52c; seconds. 43%@46c. Eggs —Ordinaries, 42%@43%c% firsts, 46%@ 47c. Cheese—Twin*. 22%c; young America’s, 23%e. Live poultry—Fowls, 31%c; ducks, ‘fief geese. 20c: spring chickens, 38eV* turkeys, 45c. Potatoes—Receipts, 43 cars; Kansas, Missouri and Ohio esrltee [email protected]. WHOLESALE FEED TRICES. Ton Sacks. Cwt. Acme brand $57.25 $2.90 Arm* feed 59.25 3.06 Acme middlings 66.25 3 36 Acme dairy feed 76.75 3.99 E-Z dairy feed 67.00 SIX) Acme H. A- M 84.25 4.25 C. O. 4 B. chop 70.25 323 Acme stock feed 63.00 3.00 Acme farm feed 72.25 3.65 Crs°ked corn 67.25 3.40 Acme chick feed 72.50 3 65 Acme scratch 00.50 $.50 E-Z scratch MOO 3.25 Acme dry mash 72.50 3.65 Acme bog feed 72.60 375 Acme barleycorn 83.25 4.20 Ground barley 66.00 3.35 Ground oats 85.75 4.35 Homllk white 80.75 4.10 Rolled barley 84.75 4 30 Alfalfa mol 68.00 3.00 Cotton seed meal 80.00 4.05 Kaffir cornmeal 63.75 3 25 Investment • Is t weekly magazine. Tells you just what you should know about high grade listed stocks and bonds, and how to make a profit on them. Contains nothing for the man or woman who wants to get rich quick, but is worth much to those who want to put their saving and investing on a more profitable basis. One investor, after comparing the statements in "Investment” with Babson’s and Poor’s for five months, says the service it renders usually costs from SIOO to $ 120 per year. "Investment” will be #r nt to you free if yon uk for rt
The Wm.H. Block Cos? From Our Model Grocery
EGGS, strictly fresh, large selected, dozen in carton 49<> F L O U E, E-Z-Baire, fresh milled, 10-pound sack 75® CREAMETTES, the new American Macaroni Products, package TUNA FISH, Telmo white, can 29 ® APPLE BUTTER, Heinz, 2-pound jar 59® COFFEE. Blue Ribbon, fresh roasted, pound..29® WESSON OIL, pure refined, vegetable oil, pint can 39®
m BASEMENT STORE fcgjjg
All-Wool Suits For Men and Young Men — On Sale at §Some are $50.00 A man only need to see these suits, to slip on the coat, and the sale is made then and there. The suits are actually selling by the hundreds. Sale price - $25.00 All - Wool Overcoats For Men and Young Men —All Sizes 32 to 50 For winter wear. Advance sale price— ' $25.00 and $29.50 (And a few at $19.50) Again the Basement Store comes forward with a merchandising event that Is far reaching in its benefits to the men of this city and its surroundings. It provides good, all-wool winter overcoats at lower prices than men considered possible. The keynote of this sale is—Buy now and save! Sale prices $29.50, $25.00 and a few at
No Mail, Phone or C. 0. D. Orders Filled on These. Domestics and Beddings We reserve the right to limit quantities.
(Five hundred yards) YARD WIDE PERCALE, varinous figures and stripes on light grounds. OQu* 39c quality, yard li vt (Two thousand yards) PRINTED WASH GOODS, voiles, batistes, tissue, etc. Up to 49c c\ A qualities, yard . WHITE PERCALE, yard wl3e, linen finish, for skirts, suits, etc. (none to dealers), extra special, f)Ayard (One thousand yards) LONGCLOTH, soft finished thread quality, 45c QQ/ quality, yard 1 C "HOPE” BLEACHED MUSLIN (limit ten yards to customer), QO#> yard OfaJv WHTTE OUTING FLANNEL. 27 inches wide, extra heavy, double fleeced, 49c T.T: 36c (Eight hundred yards) UNBLEACHED SHEETING MUSLIN, yard wide, extra fine for sheets, cases and bolsters, 45c OQ quality, yard
©Wanted Salary or Commission Men of Influence and good standing in their respective communities to represent our Securities Department. K .bu. ta4 m=. “sss? lsl‘6 u r,iSUlsf b ' M “ INDIANAPOLIS SECURITIES COMPANY FRANK K. SAWYER. President. Home Offices —Indianapolis Securities Building, Southwest Corner Delaware and Market streets. (Formerly Baldwin Block.) Address ARTHUR O. MAIN, General Manager, Securities Department, 113 East Market street.
We are pre- | AAMQ on farm and pared to make city property thos. c. da v & co. ’csr.siaafr 'JSS Bp Mew REFINING STOCK *JJ SELL A l ei Oi<ir p(.no, TODD
BACON SQUARES, sugar cured, 2 to 4 pounds each, pound.2s® CUT LOAF SUGAR, 2pound carton 49® CANNED GOODS, fancy Indiana tomatoes. Early June peas, Illinois sweet sugar corn, red kidney beant (dozen $1.65), can ....14® GOLD DUST WASHING POWDER, large package 29® LUX SOAP FLAKES, for laundering fine fabrics, package 11® LAUNDRY SOAP, Peet Bros.’ Crystal White. (No C. O. D. orders). 10 bars for 65® —Fifth floor.
"PEQUOT” BLEACHED SHEETING. yards wide (limit 5 yards to customer), SI.OO quality, yard (Three hundred vards) YARD WIDE COMFORT CHALLIS AND SILKOLINE, extra r> jr _ special, yard (Five hundred) COTTON BATTS, perfect bleach (limit 10 to customer). Extra Sf? 14c (Two hundred) BLEACHED PILLOW' CASES, size 4. x 36 inches, extra heavy thread, 55c quality, each OV/C (Fifteen) WHITE BEDSPREADS, double bed size (limit 2 to customer), extra spe- ft i HO cial tpJL.c/O PLAID BLANKETS, bed size, soft and fluffy, choice color plaids; extra special, eo OH pair 17 (Ten pairs) HEAVY WOOL PLAID BLANKETS, good range of color plaids.
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