Indianapolis Times, Volume 33, Number 94, Indianapolis, Marion County, 28 August 1920 — Page 11
PEK ISSUES r PRICES DROP ieel Stocks on Decline— Sugar Group Drops. NEW YORK. Aug. 28.—Prices showed a yielding tendency at the opening of ihe stock market today, initial figures reporting losses of fractions to coyer four points. Replogle Steel was In supply and dropped 4% to 74. Steel common showed a decline of % to 90%. _ Vanadium Steel was again under pressure, yielding 1% to 68%. Baldwin Locomotive showed a fractional loss, dropping to 108%. Studebaker was finally forced down 1% and Pierce Arrow sold off to 36%. Mexican Petroleum, after opening 163%, quickly sold off to 161%. Pan-American Petroleum was 1 point lower at 87%. Fractional losses were general in the rail Issues, Reading falling % to 91%. Cuban Cane Sugar was weak, with the entire sugar group dropping 1% to 31%. The market closed irregular. United States Steel close, 90%, up %; Crucible. 135%, off 1%; Mexican Petroleum, 162%. off %; American Sugar. 310%, off 1%; Southern Pacific. 95%. off %; Genera! Motors, 21%. unchanged; Replogle. 77%, off %; Baldwin, 108, off %: Reading. 91%, off %; U. S. Industrial Alcohol, S6, off %. (By Thompson & McKinnon) —Aug. 27 During the early moments of today’s session it looked very much as though we were again in the midst of a bull market. Traders were confident business was on a larger scale, the demand in some Issues was rather impressive and advances during the morning were quite general. When the renewal rate was announced disappointment was keen and some hurried to seil stocks that had been previously purchased, while much of the selling had every appearance of bearish operations. Subsequently there was a further advance In call rates with a considerable demand for funds, and this naturally tended to Increase doubt as to the ability of the money market to take care of a rising stock market. A noticeable feature, however, was a tendency toward dullness after every depression and with the exception of a few of the motor issues there were no signs of important liquidation. Expressions from banking quarters indicate progress in meeting the country’s financial requirements and particularly In the movement of crops so that aside from declines that have occurred in the value of commodities, deflation is proceeding orderly. There can be no doubt but that the needs of the world for several years to come will prevent real ease in money, but that does not necessarily mean a constant state of depression here, and there is ample justification for further advances In the value of securities possessing merit, even though necessity will compel a limitation on accumulations within reasonable bounds. We feel we have passed through the most critical period and on weak markets conservative purchases are in order.
MOTOR SECURITIES. (By Thomson & McKinnon.) —Aug. 27 Bid. Ask. Briscoe 20 2ft Chalmers com 2 5 Packard com. 17)4 18 Packard pfd. 84 80 Chevrolet 250 500 Peerless 31% 32)4 Continental Motors com 8% 8% Continental Motors pfd 9514 97)4 Hupp com 13)4 14 Hupp pfd 08 101 Beo Motor Car 21% 21% Elgin Motors 8% 8% Ford of Canada 360 3fiO United Motors 35 60 National Motors 10 13 Federal Truck 20 30 Paige Motors 25 20 Republic Truck 38 41
ACTIVE OIL STOCKS. (By Thomson & McKinnon.) Aug. 27 1 —OpeningBid. Ask. Anglo-American Oil 20 20)4 Atlantic Refining 1125 i.150 Borne-Scrymser 420 460 Buckeey Pipe Line 01 04 Chesebrough Mfg. Con 220 230 Chesebrough Mfg. Con. pfd 100 106 Coat. Oil, Coolrado 120 12.'. Cosden Oil and Has 7)4 7)4 Crescent Pipe Line 20 31 Cumberland Pipe Line 130 145 Elk Basin Petroleum 8)4 8% Eureka Pip? Line 102 107 Galena-Signal Oil, pfd 88 02 Galena-Signal Oil, c0m...... 53 58 Illinois Pipe Line 93 08 Indiana Pipe Line 34 35 Merritt Oil 14)4 15 Midwest oy 1 ]% Midwest Refining 147 149 National Transit 2*l 27 New York Transit 100 170 Northern Pipe Line 98 102 Ohio Oil 315 330 Oaage Hominy % % Penn.-Mex 44 Prairie Oil and Gas 545 555 Prairie Pipe Line 185 195 Sapulpa Refining 5 5% Solar Refining 370 390 Southern Pipe Line 122 128 South Penn. Oil 273 278 Southwest Penn. Pipe Linc-s. 63 KS Standard Oil Cos. of Cal 312 315 Standard Oil Cos. of Ind 075 685 Standard Oil Cos. of Kv 350 370 Standard Oil Cos. of Neb 420 440 Standard Oil Cos. of X. Y 381 305 Standard OH Cos. of Ohio 430 450 Swan & Finch 65 85 Union Tank Line 123 127 Vacuum Oil 355 353 Washington Oil 29 33
NEW YORK CURB. (By Thomson & McKinnon) —Aug. 27 —Closing - , . Bid. Ask. Cnrtis Aero com 4 8 Curtis >ero pfd 40 50 Tex. Chief 5 10 Bub Boat 10*4 11% First National Copper 1% Goldfield Con 8 10 Havana Tobacco! 1 1% Havana Tobacco pfd 1 10 Gent. Teresa 4% 6% Jumbo Extension 3 6 International Petroleum... 33% 33 Nipissing 9% 9% Indian Pkg 6 o% Royal Baking Powde.r 120 130' Royal Baking Powder pfd. 80 90 Standard Motors 7 Salt Creek 31% 33 Tonopah Extension 113-101 15 16 Tonopah Mining 1)4 15-i0 United P. S. new., 1. % U. S. Light and Heat 2% “41 U. S. Light and Heat pfd. 2 3 Wright-Mattin 2 6 World Film % % Yukon Gold Mine Cos 2 3 Jerome % Jerome % New Cornelia 16 18 United Verde 30 32 Sequoyan % % Omar Oil 2% 3 Rep. Tire 1% 1% Prd. & Ref 6% 0% NEW YORK METAL MARKET. NEW YORK, Aug. 27.—Copper steady; spot. August and September offered, $18.50: October, $18.50®18.76; November, $18.62%<315.90; December, $18.50@19, Lead quiet; spot and August offered, $9; September and October, *B.BO. Spelter easy: spot and August, *8.15; September, October, November and December offered $8.20. NEW YORK LIBERTY BONDS. NEW YORK, Aug. 27.—Liberty bond quotations: Liberty 3%5, 89.90; first 4s, 84.70; second 4g. 84.36; first 4%5, 85; second 4%5. 84.54; third 4%5, 87.70; fourth 4%5. 84.80; Victory 3%5, 95.40; Victory 4%5, 95.26. NEW YORK CaZl MONEY. NEW YORK, Aug. 28.—Money—Call money ruled nothing doing. Sterling exchange was steady, with business in bankers' bills at $3.56% for demand. CHICAGO STOCKS. (By Thompson & McKinnon) . —Aug. ‘27Open, High. Low. Close. Carbide & Carbon. 63% 63% 63% 63% Libby 12% 13% 12% 13 Montgomefy-Ward. 31 31% 30% 31% National Leath 10% 10% 10% 10% Stewart-Warner... 33%, 34 32% 32% Swift & Cos 107% 107% 107% 107% Swift International 30 30% 29% 30% United Paper Bd.. 30% .. Armour Leather... 16 16 15% 16
N. Y. Stock Prices
—Aug. 27 Prev. High. Low. Close. Close. Ajax Rubber 50 50 50 61% Allls-Chal. ..., 32% 32% 32% 31% Am. Beet Sugar 73% 73% 73% 73% Am. B. Mg. Cos. 87% 87% 87% 86% Am. Can 35% 34% 35% 34% Adv.-Rum. pfd. 62% 61% 61% 61 Am. Car & Fd..136% 134% 135% 134% Am. Cot. 0i1... 24% ’247* 24% 25 Am. Drug 10% 10% 10% 10% Am. H.&L. com. 14 14 14 Am. H.&L. pfd. 75 75 75 74% Am. Int. Corp.. 75% 73% 73% 74 Am. Loco 96% 95 95 96 Am. Ship. C... 21% 21% 21% 21% Am. Sm. & Ref. 56 55% 56% 55 % Am. Sug. Ref.. 114% 111% 111% 114% Am. Sum. T. Cos. 89%! 88 88% 87 Am. Steel Fdy. 38% 38 38 37% Am. T. & T.... 96% 96% 96% 96% Am. W001en.... 80 , 79 % 79% 79% Am. Z. & L.... 12% 12% 12% ... An. Min. C 0.... 58% 52 53 53 Atchison 88% 82% 83 82% At. Gulf & W. 1139 138 139 137 Baldwin L0c0... 110% 108% 108% 109% B. & 0 40% 39% 39% 39% Beth. Steel 8.. 78 76% 76% 77 Can. Pacific 12174 120% 121% 120% Cent. Leath 55% 58% 53% 54% C. & 0 5974 59 59 58% C..R.1. & P.com. 36% 35% 35% 35% C..R.1. fipctpfd. 65 65 65 65 C.R.1.7 pc pfd.. 75% 75% 75% .75 Chino Copper... 28 27% 28 Chile Copper... 14% 14% 14% C.,M. & St. P... 35 34% 3474 35 C. pfd 53% 5?% 52% 52% Chi. &N. W... 7174 "074 71 71% Chadler Motor, 8S 85% 85% 87 Coca-Cola 35 33% 33% 34% Col. Fuel & Iron 36% 36% 36% 36 Con. Cigars.... 80 76% 76% 78% Con. Candy Cos. 10% 10% 10% 10% Corn Products.. 9074 89% 897* 90% Crucible Steel .139 137 137 137% Cub-Am Sugar. 39% 39% 39% 40% Cub. Cane Sugar 35 32 % 32% 35% Colum. Graph.. 2374 23% 23% 237* D. & B. G 574 474 5 6 Erie 14% 13% 1474 13% Erie Ist pfd.... 22 21% 21% 21% Fain. Players.. 70% 70 7074 70% Fisk Butler Cos 27% 27% 27% 26% GW & Wig... 9% 9% 974 9 Gen. Electric ....142 141 141 Gen. Motors.... 21% 21 21 21% Goodrich 66% 54 54% 66 Gt. Nor. pfd.... 73% 72% 73 12% Gt.N.Ore etfs.. 32% 32 32 31% Houston 0i1....106 103% 105‘4 105% 111. Central...*... 86% .86 86 86 Insplra. Copper 4674 46 46% 46% Interboro Corp. 3% 3% 3% 3% Internat. Nickel 207, 19% 19% 20 Inter. Paper 81 797* 797* 80% Invincible 0i1... 38% 36% 36% 37% Kelly Sgfld Tire 79% 78 78 79 K. C. Southern. 19% 19 19 19% Keunecott Cop.. 2474 24% 24% 2474 Lehigh Valley.. 45 44% 44% 44% Leows 21 2074 20% 19% Lackwana Steel. 70 65% 6874 09 Max. Mot. com. 11% 11 11 1074 Max. Mot. 1 pfd. 19% 18% 18% 17% Miami Copper.. 10% 19% 19** 197; Missouri Pac... 267* 25 % 25% 25% Mid. States Oil. 12% 11% 11% 11% Midvale Steel.., 39% 39% 39% 39% Marine pfd 76 78 78 76% Mex. Petroleum.l6s 181% 162% 16274 Nat. E. &Sf 9 58% 58% 59 National Lead.. 74% 74% 74% 75 New Haven 34% 33% 33% 34 N. Y. Air Brake 9S 98 98 N. Y. Central... 7374 72% 72% 73 Nev. Con. Cop.. 1074 10% 10% 10% Nor. & West... 95 94 94 9474 North.Pac 74% 73% 7474 "4 Owen Bot. com. 47 47 47 Pan-Am Petrol. 89% 87% 8874 88 Pennsylvania .. 417* 41% 41% 417, Pierce-Arrow .. 39% 36 36 % 39% Pierce Oil C 0... 127, 12% 12% 1274 Pittsburg Coal. 63% 61% 6274 61 Pressed jStl Car. 96 96 96 Pure Oil 38% 38% 38% 38% Reading 93% 92 92 93% Rep. Iron-Steel 87 85% 85% 85% Replogle 82 78 78% 89% Roy. D. of N. Y. 83% 82 82% 91% St.t.A S.F.com. 26% 26 26*4 26% Stromberg 75% 72% 727 m 74% Saxon Mot. Cos.. 5% 5% 5% 0% Sinclair Oil 29% 28% 28% 28 Sloss-S. S. & I. 69% 68 68% CS% Southern Pac... 96% 95% 95% 90% S< uthorn Rv.... 28% 27% 28% 2774 Studebaker 647, 617, 61% 63% Texas Cos 36 35V 35% 47% Teun. Cor pc- . 9% 9% 9% 9% Texas & Pacific 36 35% 35% 35% Union Oil 27% 27 27 27% Union Pacific..l2l% 120 121% 119% Tob. Prod. Cos.. 67% 66 06 66 U. Ret Stores.. 70% 687; 68*4 08% U. S. F. P. Cor.. 00% 59 59 % 59% United Frt Cos.. 194 194 194 193 U. 8. In. Alcol.. 8774 % 86% 85% U. S Rubber... 86% 85 85% 85% U. s. Steel - 91% 90% 90% Out* V. S. Steel pfd.loo% 1067* 106% 1(0% Utah Copper.... 627* 61 % 62 02 VI--Car. Chem. 657* 64 04 Vanadium 72% 70 70 71% Wab. Ist pfd... 26 26 26 25% White Motors.. 47 45 46 46% w. Maryland... 14% 10% 1074 107, West. Elec 47% 47 47 47% Wlllys-Overland 16% 15% 15% 16 Wilson & C 0... 59 58 58 57 Worth. Pump.. 61% 61% 61%
In the Cotton Markets
NEW YORK, Aug. 28.—Although the undertone was firm at the opening of the cotton market with prices 15 to 32 points higher, business was the smallest of the weak. The advance was attributed to covering to shorts and unfavorable weather reports. Liverpool became a buyer after the opening and the list at the end of the first 20 minutes was about 16 points net higher. New York cotton opening: October, 28.50 c; December, 26.80 e; January, 26.15 c; March. 25 87c; May. 25.50 c; July, 25.32 c. Late In the day heavy covering of shorts advanced prices rapidly. The close was strong at a net advance of 68@137 points.
NEW ORLEANS, Aug. 27.—Cotton futures opened steady, 38 to 71 point* higher on strong cables, followed by realizing sales, which carried prices 14 to 45 points under opening levels. Unfavorable weather reports and renewed covering came in later, sending quotations 17 to 57 points above the opening. Close was steady, net 35 to 73 points above yesterday’s close. New Orleans cotton 'ange— Open. High. Low. Close. September....' 27.47 October 26.00 27.47 23.90 27.28 December 26.00 26.17 25.62 25.99 January .... 35.45 26.75 25.22 25.44 March 25.02 25.35 24.86 25.20 May 24.74 25.00 24.60 24.75
LIVERPOOL, Aug. 27. —Spot cotton was in fair demand today; prices steady; sales, 8,000 bales; American mids fair, 27.99 e; good mid, 25.24 c; fully mids, 23.74 c; mids, 22.49 c; low mids, 18.68 c; good ordinary, 15.24 c; ordinary, 14.24 c. Futures opened very steady. WHOLESALE PRODUCE. Eggs—Fresh, loss off. 47c. Poultry—Fowls, 31c; broilers, IV4 to 2 lbs., 31@85o; broilers. Leghorn, 31c; cocks, 17c; old tom turkeys, 32c; young tom turkeys, 12 lbs and up, 37c; young hen turkeys, 8 lbs and up, 37c; cull thin turkeys not wanted; ducks, 4 lbs and i up, 20c; ducks, under 4 lbs., 17c; young ducks, 28c; geese, 10> lbs and up, 16c; young geese, 22c; squabs, 11 lbs. to dozen, |6. Butter —Buyers are paying 57<g58c for butter delivered at Indianapolis. Butterfat —Buyers are paying 56@57c for cream delivered at Indianapolis. Cheese (jobbers’ selling prices)—Brick, 30@32c; New York cream, 36c; Wisconsin full cream, 30@33c; longhorns, 31@ 33c; llmburger, 33Vi@36c: Swiss, domestic, 61@6Cc; imported, [email protected]. CHICAGO PRODUCE. CHICAGO, Aug. 27.—Butter—Receipts, 7,936 tubs; extra firsts, 55Vic; first, 48@ 54c; packing stock, 37@40Vic. Eggs— Receipts. 6,491 cases; miscellaneous, 46@ 49e; ordinary firsts, 44<jj46c; firsts. 49 @soc; checks, 33<&35c; dirties, G7@3Bc, Cheese—Twins (new), 25(i@25%c; dairies, 26@26V*c; Young Americas, 27c; longhorns, 27c; brick, 23V4c. Live poultry—Turkeys, 45c; chickens, 28@29c; springs, 32c: roosters, 24c; geese, 22@ 25c; ducks, 33c. Potatoes—Receipts, 37 cars; Easterns (bbl), $5.25; Jersey Cobblers, $3.25(93.35; Minnesota and Early Ohlos, [email protected]. CLEVELAND PRODUCE. CLEVELAND, Aug. 28.—Butter—Extra, in tubs, 62V<!<a,63e: prints, lc higher; extra firsts, 61V4@62c; firsts. 60Vii01e, seconds, OVtS⪼ packing stock, 41 42c. Eggs—Fresh gathered northern Ohio extras, 56c; extra firsts, 55c; firsts, new cases, 52c; old cases, 51c; western firsts, new cases, 50c. Live poultry—Heavy fowls. 38@37c; light, 34(g35c; broilers. 35(ffi40c; old roosters, 23@24e; spring ducks, 26@30c.
HOG MARKET CONTINUES UP
Lights Reach Top of $16.50 — Cattle Steady.
RANGE OF HOO PRICES. Good Good Good Aug. Mixed. Haw. Light. 21.515.50 015.75 [email protected] [email protected] 24. [email protected] 14.75016.00 15.45015.60 25. [email protected] [email protected] 15.50016.75 26 . $15.35@ 15.60 15.00015.25 [email protected] 27. 16.35015.75 15.00016.65 15.75016.25 28. [email protected] 15.00 015.66 16.00016.60
With a good strong sentiment the week’s hog market closed generally 25 cents higher today, with top light hogs bringing $15.50, the bulk of good light hogfi, around $16.25, and the bulk of saleit running at [email protected]. Buying was of a general nature, but the eastern shippers were especially active for Saturday, while local packers took a good part in the trading. Speculators were not overly active. As on the Friday market, hogs were not bought on a fixed schedule, but more on the quality of the hogs. Friday’s market, commission men said, closed stronger than it opened and that probably had some effect on the strong sentiment of the market today. Roughs were practically steady with Friday at sl4 and down, while best light pigs under 140 pounds were down all of 50 cents at $15.50 and down. Receipts for the day approximated 6,500, with 500 left over from Friday. The cattle market was practically steady with yesterday and there was fairly good trading for the end of the weak. Receipts were light at approximately 850, with some fairly good stuff in comparison tb the number on the market. Local packers took practically all the cattle on the market, except a few that were bought by speculators. Calves were steady to 50 cents lower with very light receipts at 400. The prices would have baen steady had the quality of calves been the same as the majority of good calves on the Friday market. Top calves brought $18.50, with an -extreme top of si9, while the top of Friday was sl9 and the extreme top, $19.50. Other good calves brought steady prices. Sheep and lambs were practically steady with the prices of the Friday market. Receipts were light at 250. HOGS. Best light hogs, 100 to 200 lbs. average 16.00® 16.50 250 to 300 lbs. average 15.00(315,65 Over 300 lbs 14.00fjj15.00 Sows,. 12.00® 14.00 Best pigs, under 110 lbs [email protected] Bulk of sales 13.75Q16.28 CATTLE. Prime cornfed steers. 1,300 lbs and up 15.00<316.25 Good to choice steers, 1.200 to 1,300 lbs j 13.75® 15.00 Good to choice steers, 1.100 to 1/.00 lbs 11.50® 13.00 Good to choice steefs. 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 11.00018.73 Medium heifers [email protected] Common to medium heifers 8.50® 8213 Choice cows [email protected] Good to choice cows 8.15)® 9.00 Fair to medium cows 6.50® 7.75 Canners 4.00® 4.50 Cutters 5-75(8 7.75 —Bulls— Good to choice butcher bulls 7.50® 9.00 Bologna bulls 6.50® 7.50 Light common bulls 4.50® 6.30 —Calves— Choice reals [email protected] Good veals 16.50® 17.50 Medium veals 13.00® 15.75 Lightweight veals [email protected] —Stockers and Feeders— Good tb choice steers, 880 lbs. and up [email protected] Good to choice stepfs, under 800 lbs B.oo® 0.00 Medium to good cows 5.50® 8.00 Good cows 6.00® 7.90 Good heifers 7.00® 8.00 Medium to good heifers 6.75® 7.00 Good milkers 50.00® 125.00 Medium milkers 60.00® 100.00 Stock calves. 250 to 450 lbs.. 7.00® 9.00 SHEEP AND LAMBS. Good to choice sheep 6.00® 6.50 Fair to common 250® 4,00 Bucks 4.00® 4.50 —Lambs— Common to choice yearlings. 5.00® 7.50 Spring lambs [email protected]
Other Live Stock
CHICAGO, Aug. 27. Hogs—Receipts, 10.000: market 15<g25c higher; bulk, 313.85® 15.60; top, $15.75; heavy, *l4 30® 15.40; medium, $14.80® 15.75: light. sls® 15 75; light lights, *14.80® 15 A0; heavy packing sows, smooth. *13.80® 14 15; packing sows, rough, *13.50® 13.80; pig*, *3.50® 15.2. V Cattle—Receipts, 6,000; market steady and strong. Beef steers—Choice and prime. $16.75®17.75; medium and good, $12.50® 16.65; light weight, good to choice, [email protected]; common and medium, *9® 14.50. Butcher cattle—-Heifers. *6.50 @ls; cows. s6® 12.75; bulls. *s® 11.50. fanners and cutters—Cows and heifers, [email protected]; canner steers, $4 [email protected]; veal calves, $15@17; feeder steers. *7.50® 12.25; stocker steers. *[email protected]; Stocker cows and heifers, ss®9. Sheep—Receipts, 13.000; market 25®50c higher; lambs. $12.25® 14.85; lambs, culls and common, $8.50@12; yearling wethers, *0®10.75; ewes, $0.25®8; ewes, culls and common, [email protected]; breeding ewes, *6® 11; feeder lambs, $12®13.40. CINCINNATI, 0., Aug. 28.—Hogs—Receipts, 3,050; market steady; heavy, $15.50 ® 15.75; mixed and medium, *10; light, $15.50; pigs, *l3; roughs, *12.25; stags, *9.50. Cattle —Receipts, 800; market slow, steady; bulls, steady; calves, *lB. Sheep and lambs—Receipts 2,500; market steady; sheep. *1.50®7; lambs, *6®10.50. CLEVELAND, Aug. 27. Hogs—Receipts, 2,000; market, 15®25c higher; yorkers anil mixed, *18.40; medium, $10.25; pigs. $10.40; roughs. *t2.50; stags, $8.50. Cattle—Receipts, 250; market steady. Hheep and lambs -Receipts, 500; market strong; top, sls. Calves—Receipts, 500; market, 50c higher; top, $19.50. EAST BUFFALO, N. Y., Aug. 27—Cattle —Receipts, 450; market fair, active, steady: shipping steers, *[email protected]; butcher grades, *lo®l4 ; cows, *3@lo. Calves— Receipts, 600; market $1.50 up; cullscboice, $6®22.50. Sheep and lambs—Receipts, 2.200; market steady; choice lambs, *l6® 16.25; culls fair, slo® 15.75; yearlings, sß® 10.50; sheep, ss@9. Hogs— Receipts. 4,000; market active, 25 to 50c up; yorkers, $10.75; pigs, $10.75@17; mixed, $10.50® 10.00; heavies. $15.75® 10.25; roughs, $12®13; stags, sß® 10. EAST ST. LOUIS, Aug. 27.—CattleReceipts, 18,000; market, steady; native beef steers, [email protected]; yearling beef steers and heifers, $11®11.30- cows, s7® 8; sockera and feeders, $7®8.25; calves, $13.50@14; canners and cutters, $4®0.25. Hogs- Receipts, 4.000; market, 25 to 45c higher; mixed' snd butchers, $15.50® 16.10; good heavies, $14.50®15.25; rough heavies, [email protected]• lights, $15.75® 10.10. pigs, [email protected]; bulk of sales, $15.75® 16. Sheep—Receipts, 1.000; market, 25c higher; evres. S7.SO®S; lambs, slo® 11; canners and cutters, $1.75@6. PITTSBURG, Aug.' 27.—Cattle Receipts, light; market, steady; choice, $14.75® 15.50; good, $14®15; fair, $U@ 13. Veal calves—slß@l9. Sheep and lambs—Receipts, fair; market, steady; prime wethers, [email protected]; good, $7.50® 8.26; fair mixed, [email protected]; spring lambs, [email protected]. Hogs—Receipts, 25 doubles; market, active; prime heavies, sls® 15.25; mediums, [email protected]; heavy Yorkers, $16.40®18.50; light Yorkers, $15.50®15.75; pigs, $14.50®16.25; roughs, $11@13; stags, [email protected].
HAY MARKET. The following are the Indianapolis prices for bay by the wagon load: Hay—Loose timothy, old, $32@S4; loose timothy, new, $25@28; mixed nay, old, $29@31; mixed, new, $24@27; bated, $35 ©'3B. Corn —Bushel, *[email protected]. Oata —Bushel, old. 80@90c; new, 65® 75c. CLEARING "HOUSE STATEMENT, NEW YPRK, Aug. 27,—The following figures were given out in the clearing house statement: Subtreasury debit, $726,402; exchanges, $673,772,958; balances, $65,968,311.
INDIANA DAILY TIMES, SATURDAY, AUGUST 28, 1920.
Indianapolis Securities
—Aug. 28— STOCKS. Ind. Ry. & Light com 55 Ind. Ry. & Light, pfd 95 Indpls. & Northwest, pfd 75 Indpls. & Southeast, pfd 75/ Indpls. St. Ry 4.. 62 55 Terre Haute T. & L. pfd 50% ... T. H., I. % E. com 1% 5 T. H„ I. &E. pfd 9% 16 T. H„ T. & I. pfd 53 70 U. T. of Ind. com U. T. of Ind. Ist pi’d 10 U. T. of Ind. 2d pfd ‘ 2 Miscellaneous— Advance-Rumley com 31 Advance-Rumley pfd 61% m ... Amer. Central Life 235 Amer. Creosotlng, pfd 93 Belt Railroad, com 70 80 Belt Railroad, pfd 47% ... Century Building, pfd.> 98 Cities Service, com 205 302 Cities Service, pfd 65% 66% Citizens Gas 32 35 Dodge Mfg. pfd 99% ... Home Brewing 55 Indiana Hotel com 60 Indiana Hotel pfd 90 Ind. National Life 4% ... lud. Title Guaranty 59 69 Indiana Pipe Line , - .■ • 91 Indpls. Abattoir pfd; 46 Indianapolis Gas 46 50 Indianapolis Tel. com 7 Indpls. Tel. pfd 85 90 Mer. Pub. Utl. pfd 44 National Motor 9% 11% Public Savings 2% ... Rauh Fertilizer pfd 40 Standard Oil of Indiana.... 675 ... Sterling Fire Insurance.... 8% 9% Van Camp Hdw. pfd 85 Van Camp Pack, pfd 35 Van Camp Prod. Ist pfd 95 ... Van Camp Prod, 2d pfd 95 ... Vandalla Coal com Vandalia Coal pfd 10 Wabash Ry.* com 8 Wabash Ry. pfd 25 Banks and Trsut Companies— Aetna Trust 100 Bankers Trust 118 ... City Trust * 82 .... Commercial National 6o ... Continental National 112 Farmers Trust 200 Fidelity Trust 120 Fletcher Am. National..*... 257 Fletcher Sav. & Trust..!... 163 ••• Indiana National *BO 290 Indiana Trust Jjg Indiana Trust 195 Live Stock Exchange 450 ... Merchants National *;5 ... National City I*2 118 People’* State 178 Security Trust **} • State Savings and Trust.... 90% 95 Union True? 340 370 Wash. Bank & Trust 145
BONDS. Broad Ripple 5s *•• Citizens St. Ry 5* 73 iT Ind. Coke it Gas Cos. 65..... 87 Indian Creek Coal k Min... 98 ... Indpls. & Colum. South. Bs.. 88 Indpla. & Greenfield 6i 90 Indpls. * Martinsville 5... 52 ... Indpls. & North. 6s 36 40 Indpls. & Northwest 65...,. 48 63 Indpls. & Southeast. 5s 43 Indpls, Shelby & 8. E. 5*.. 80 ... Indpls. Bt. Rwy. 48........ 67 65 Indpls. Trac. & Term. 6... 66 ... Kokomo, Marlon * Western. 79 8T T I E sft 50 ... Union Tree, of Ind. 6s 48 54 Citizens Gas Cos 76 83 Ipd. Hotel 2d 6s 96 106 Ind. Gas 55... j 2 80 Indpls. L. & II <5 8Indpis. Water 6a 88 9. Indpls Water 4%S 71 80 M. 11. & L ref. 6a 85 90 New Tel. Ist 6s W New Tel. Long Dlst. 55.... 93% ... South. Ind. Power 6s 86 LIBERTY BONDS. Liberty 3%s *9 7$ Liberty first 4s 84.80 • Liberty second 4* ••••• 04.d0 Liberty first 4%a . w 96.12 ..... Liberty second 4%* JJJ.OO am Liberty third 4% s*•ss BJ-98 Liberty fourth 4%# 94.92 8j;0 Victory 3%s 95.2’6 Victory 4%s 95.44 93.64 The Indianapolis Board of F.*change meets only on Monday*. Wednesdays *nd Friday* during the month of August. Money and Exchange Indianapolis bank clearing* Friday were $2,401,000, against $2,692,000 a week ago. NEW YORK, Aug. 28—Foreign exchange was steady at the opening. Sterling demand was off %c at *3..85%; franc* unchanged at .0696; lire unchanged at 0465. and marks unchanged at .0202; Canadian dollars demand at .88875, was also unchanged. _ Sterling demand closed at $3.0%, off %; Francs, demand, .0698; cables, .0*8)9; lire, demand, .0466; cable*. .0467; tnarka. demand. 0202; cablea, .0203. NEW YORK, Aug. 28 Commercial bar sliver was quoted today as follows:. Domestic, unchanged, at 99%e; foreign, %e lower, at 97%c. LONDON, Aug. 3*.-Bar silver was %and lower today, at %and.
Weather
The following table shows the stnte of the weather at 7 a. m , Aug. 28, as observed by U. 8. weather bureaus: Station, Bar. Temp. Weather. IndUnAHolfs, Ind.. *. M 4 lewr Atlanta, Oa 30.04 64 Cloudy Amarillo, Tex. ... 29.72 6*l PtCldy Bismarck. N. D. .. 29.70 02 PtCldy Boston. Mnsa 30.12 70 Clear Chicago, 111 29.98 Art Clear Cincinnati, 0 3000 04 Clear Cleveland, 0 30.04 64 Cloudy Denver, Colo 29.78 52 Clear Dodge'City, Kas... 29.08 60 Cloudy Helena, Mont 29.70 50 Cloudy Jacksonville, Fla. . 30.02 78 Clear Kansas City. M 0... 20.82 58 PtCldy Louisville, Ky. ... 29.08 06 Clear Little Roek. Ark... 29,88 72 Cloudy Los Angeles, Cal. .. 29.06 OO Cloudy Mobile. Ala 30.00 94 Clear New Orleans, La... 29.98 80 Clear New York, N. Y... 30.14 08 PtCldy Norfolk. Vai O.<M 72 Cloudy Oklahoma City .. 29.80 70 Cloudy Omaha, Neb 29.78 Oft PtCldy Philadelphia. Pa. . 30.10 60 Rain Pittsburg, Pa 30.08 64 PtCldy Portland, Ore 30.06 54 Cloudy Rapid City. S. D... 29.66 58 Cloudy Roseburg. Ore 30.14 52 PtCldy San Antonio Tex. . 29.86 74 Cloudy San Francisco, Cal. 30.00 50 Cloudy Ht. Louts, Mo 20.92 68 Clear St. Paul, Minn. ... 29.92 58 Clear Tampa. Fia 30.02 82 Clear Washington, D. C. 30.10 62 Rain
WEATHER CONDITIONS. The western depression has advanced very little since Friday morning, but it has Increased considerably In enerry, and as a result has caused widespread precipitation in many localities from the northwestern states to the west gulg region, with rising temperatures over most of the Mississippi volley. Some rains also have fallen from the upper Ohio valley eastward and southward. Temperatures below normal continue In the northwestern plateau, and frosts occurred last night In northern Arizona. J. H. ARMINGTON, Meteorologist, Weather Bureau. WHOLESALE MEATS. Wholessle meat prices are quoted by Indianapolis packers as follows. Hams—Regular 14 to 16 lbs, 38%c; skinned, 8 to 10 lbs, -40 Vic; fancy boiled, 10 to 13 lbs, 60c. Bacon—Fancy breakfast, 6 to 7 lbs, 48c; fancy sliced, 1-lb carton, 67c; sugar cured, 4 to 6 lbs average, 47c. Lard—Refined tierces basis, 21 Vic; open kettle, tierces basis, 22<922Vfcc. Fresh Pork—Spare ribs, 18Vjc; shoulder bones, 7Vic; tenderloins, 61@65c; dressed hogs, 24c. Beef—Steers, medium, 400 to 500 lbs, 20c; No. 2 heifers, 10c; native cows, lTVti 5818 c; medium cows, 15c; loins. No. 2,35 c; No. 3,34 c. ribs, No. 2, 2flc; No. 3,24 c; rounds. No. 2,27 Vic; No. 3, 26*4c; chucks, No. 2,14 c; No. 3,13 c; plates cow, No. 2, BVie. LOCAL HIDE MARKET. Green Hides—No. 1,15 c; No. 2,14 c. Green Calves—No. 1. 20c; No. 2,18 Vic. Horsehides —No, 1, $6; No, 2. $5. Cured Hides-No. 1. 17c; No. 2. 16c.
GRAIN MARKET CLOSE IRREGULAR
Wheat Market Opened Firm— Trading Later Dull. CHICAGO. Aug. 18.—Grains closed irregular on the Chicago Board of Trade today. The market opened firm, but there was little interest in buying. Trading was dull and early offerings were exceedingly scarce. December wheat opened at $2.31, up %. and closed at $2.32%, up 1%. September corn opened down % at $1.43% and closed up % at $1.44. December corn open up % at $1.20 and closed unchanged. September oats opened at 67%c, up %, and closed at 67%c, down %, and December oats opened at 67%c, up %, and closed at 67%c, down %. Provisions closed irregular.
(By Thomson & McKinnon) —Aug. 27-
Wheat—lt begins to look as though the predicted liquidation of farm holdings, which was expected to be enforced by curtailment of loans would not materialize. This idea Is gathered from the comparatively light offerings from the country reported from all sections. This condition has brought about relatively higher export bids with premiums for the cash article the highest on the crop. Conservative estimate of today's export business is around 600,000, although some claim as high as one million. This market gives evidence of selling still higher. Corn—Crop estimates and reduction In the number of farm animals remain tho factors which control sentiment In corn. Eastern demand Is so slow and Industrial buyer* are so leisurely that the premiums for the cash article are overlooked. There is said to be an Improved demand for old corn from the south and Inquiries for the new crop from across the Canadian border. While admitting that the present crop out-' look warrants a crop sufficiently large to supply all needs, we are of the opinion that this theory has become threadbare.
Oats- —Southern demand for oats continues rather brisk and there is said to l a better feeling abroad, although no export business uncovered. Country holders are not pressing their surplus for sale. Market ,llke corn, seems to hafve discounted tbs bearish factors and is In a waiting attitude. Provisions —The idea that surplus hogs have been well marketed is being resisted In the provision list. It can not be said that sash trade Is brisk, but there is a better tone to the market. We believe' that this market, like the grains, has bad full influence of argument* for lower price* and is In position to do better.
CHICAGO GRAIN, WHEAT— Open. High. Low. Close. Dec 2.37 2.38 2 36% 2 86% March.. 231 2.53 2.31 2.32% CORN— Sept 1.43% 1.44 6 71.43 1.44 Dec 120 1.20% 1.19% OATS— Sept.... 67% 67% 67% 67% Dec 67% 67% 66% 87% rortK— Hert 25.10 26.10 24.95 25.10 Oct 25.90 25.95 25.85 25.85 LARD— Sept.... 1847 1857 1847 18.47 Oct 13-S5 1895 18.17 1887 RIBSSept.... 15.32 15.32 15.20 15.20 Oct 15 20 15.82 15.20 15.70
CHICAGO CASH GRAIN. CHICAGO. Agr. 27.~Wha*t—No. 1 rod, $2.60*02.62; No. 2 rod. $2 5902.00*; No. a red, $2.57; No. t hard winter, 12.600 2.02, No. 2 hard winter. $2.58*02.60; No. 3 hard winter. $2.59; No. 1 northern spring, [email protected]. Corn- No. I tailed. $1.83; No. 2 tailed, $1.3®1.63* I Noa. 1 and 2 yellow, $1.08; No. 3 yellow, $1.871 No*. 1 and 2 white, $1 65. Oats- No. 1 white, 71072 c; No. 2 white. 71@72e; No. 3 while, 6S*@7o*c; No. * white, 68c. TOLEDO CASH CHAIN. TOLEDO, Aug. 27.—W heat—Caah, $2.Vi; December, $247. Corn—Caah, $1.65. Oata- Caah, 73@74c. Rye—No. 2, $2.00. Barley-No. 2, $1 20 Cloverseed— Oaeb, $15.35; October. $18.90; Deeember, $15.70; May and February, $15.00. Tim-othy-Cash (1017 and 1918). $4.00; (1918). $4.10; September, $4.15; October, $4.10; December. $4.15; March. $4 25. Altlke— Caah. $19.00; October, $19.50; December, $14.50. rnnuKi markets. (By Thomson A McKinnon.) —Aug 27Wheat Corn Oata Chicago 275,000 101.000 306.000 Milwaukee .. 14.000 20,000 145.000 Minneapolis . 376.000 15.000 126.900 Duluth 40.000 4,000 Bt. Louis .... 140.001 34,000 75,000 Toledo 15,000 1,000 25.000 Detroit 2,000 2.000 20.000 Kansas City.. .331 000 23.000 27,000 Peoria 4,000 75.000 50.000 Omaha 144.000 70.000 52.000 Indianapolis - 33.000 21,000 158,000 Totals 1,350.000 365,000 1.020,000 Year ag0...3.147,000 322,000 1,031.000 Shipments— Wheat Corn Oata Chicago 515.000 76.0011 325,000 Milwaukee ... 10,000 28,000 78,000 Minneapolis 186,000 7,000 SU.OOO St. Louis 146.000 14.000 106,000 Kansas City.. 103.000 9.000 15.000 Peoria 6,000 16,000 46.000 Omaha 105.000 27,000 36.000 Indianapolis . 7.000 6,000 54.000 Totals 1,083,000 183,000 230,000 Year ago... 934.000 195,000 606,000 —Clearances— New York ... 183,000 . Philadelphia . 89.000 New Orleans. 193.000 v . Totals 385,000 Year ago.. .1,160,000 INDIANAPOLIS CASH GRVIN. —Aug. 27 Bids for car lots of grain and hay,at the call of the Indianapolis Board >of Trade were: AVheat—Strong; through billed, track, No. 2, red, s2.*@2,3S*. Corn—Firm: No. 3 white, $1.6101.62; No. 3 yellow. $1.03*01.64*; No. 3 mixed, $1.57*01.5814. Oat*—Steady; No. 2 white, 60@>7fte; No. 3 white, 08009 c; No. 2 mixed, 6€* @67 *c. Hay—Steady; No. 1 timothy, $32.50© 33; No. 2 timothy, $31.50032; No. I light clover mixed, s3l @30.50; No. 1 clover hay, s3o©'3l. —lnspections Wheat—No. 2' red, 4 cars: No. 3 red, 1 car: No. 4 ted, 1 car; No. 1 hard, 1 car; No. 2 hard, 1 car; No. I mixed, 1 car; No. 2 mixed, 1 car; total. 10 cars. Corn- No. 2 white, 7 cars; No. 3 white. 3 cars; No. 4 white, 2 oari; sample white, l car: No. 2 yellow, 0 cars; No. 3 yellow, 1 car; Ns. 4 yellow, 1 car; total, 21 cars. Oats—No. 2 white, 55 cars; No. 3 white 25c; No. 4 white, 2 cars; No 1 mixed. 2 cars; total, 85 cars. Bye—No. 1, 2 cars; No. 2, 5 cars; to. tal, 7 cars. / Barley—Sample, 1 car. Hay—No. 3 timothy, 2 cars: standard timothy, 2 cars; No. 2 prairie, 1 car; No. 3 prairie, 1 car; total, 6 cars. WAGON WHEAT, Indianapolis flour mlljs and elevators are paying $2.35 for No. 1 red wheat, $2.32 for No. 2 red and $2.29 for No. 3 red. Other grades according to quality. COHN AND WHEAT BULLETIN, For the 24 hours ending at 7 a. in., 90th meridian time Saturday, Aug. 28: iem per- . •turn, Stations of 5 2 ™ Indianapolis ti ft ** i -z 5 District £ S S* u £ Zg S3 al* C J h, uS South Bend 84 I 58 0 Good Angola 76 ; 57 0 Good Ft. Wayne 76 ;56 0.04 AVheatfleld 86 ] 48 0 Good Hoyal Center... 80 f54 | 0 Good Marlon 80 |56 I 0 j Good Lafayette 82 j 57 j 0 | Good Farmland 81 159 0.30 j Good Indianapolis 80 62 j 0 | Good . Cambridge City. 82 ; 56 j 0 I Good Terre Haute 82 |6O j ft | Good Bloomington ... 82 157 i 0 i Fair Columbus 83 58 0 ! Fair Vincennes 84 j 57 i 0 | Good Paoll 84 |56 | 0 i Fair Evansville 82 | 64 | 0 | ' T. H. ABMINGTON. Meteorologist, Weather Bureau.
Terse Market Notes
STOCKS. NEW YORK, Aug. 27.—The sentiment of the street Is more bullish and we are likely to see a little flurry in Reading to a level a point or two higher, It is thought. But on such occasion It would be accepted as the best policy to take the profits and sell the weakened active stocks for the big down turn. The point Is that the present money situation will not permit of any extensive bull campaign now, whatever Is thought of the future. The Mexican situation Is thought to be one where the animosity among our own rival Interests there is causing more 111 feelings perhaps than against the Mexican government. It requires immense amounts of money to build pipe lines, refineries and tankers and the prospects of financing will be felt in the market in the long run. According to reports here, Gov. Harding denies that the federal reserve board has tried to discriminate between the essential and the nonessentlal. Federal Judge Mayor In the New York federal court has modified the dissolution decree against the New Haven railway, permitting the company to merge with the Harlam River and Port Chester railroad and the Central New England railroad. Twenty Industrial stocks averaged 87.22, an increase of .29. Twenty active rails averageq 76.55,' an Increase of .89.
, COTTON. NEW YORK Aug. 27.—A number of private crop reports, published today, all show some deterioration In the cotton crop during the month, but on the average. the deterioration is not In excess. The weather is about the same as It has been recently showing in places, and excessive moisture Is complained of In many sections, but faking the belt as a whole, the ctod looks fairly promising, while trade conditions are still unsatisfactory, especially. In the textle line. There has been a fair recovery from the low. the short Interests have been reduced; we are In a fairly good position to meet the government report and the market should stand around the present levels. LIVERPOOL, Aug. 27.—Cotton Is due 12% to 21% higher. The market opened very steady at 15 to 20 points' advance At midday the market was still steady at a net advance of 22 to 44 points. There was fair business in spot cotton at 52 points' advance. * GRAINS. CHICAGO, Aug. 27.—According to a report hero from the lowa office of the department of agriculture, a warm month Is Imperatively needed to place the bulk of the crop out of danger of frost. Wind on the 20th blew down considerable corn In several lowa counties, the report stated. KANSAS CITT, Aug. 27.—The Kansas office of tha department of agriculture aays that the bulk of the Kansas corn crop Is now safe as far as danger from drought and froat 1* concerned. The weather has shown a general Improvement this week and grains have developed until they are denting In most parts of the state.
On Commission Row
Cantaloupes are now the feature of tbs produce market. Today commission ipen were selling them st anythlrg they could get for them and seemed to be glad to get that. They 1 said that the prices they have been getting the past few days have not paid the i freight and drayage. Trading on the market this morning ! was somewhat stronger than the closing of last week s market. * Peaches were practically cleaned up early in the morning and other produce ; was running short. The tc-msto shortage that, commission j men spoke of a few days ago is now ! actually a reality, although the opening : of the ’next week’s market may find an- : other limited supply on hand due to the few that will ripen on the vines over Saturday and Sunday. Watermelons were comparatively scarce j which is probably the beginning of a permanent shortage. Potatoes seem to be holding firm at the low level reached early In the week. TODAY’S rRICES. Apples - Basksta, sl@3. Sweet Apple Older—Per gal, $1; half gal. 600. Bananas—Pound. B%@9c. Cabbage—Home-grown, bbl.. $1.75@2 25. Beaus—Michigan navy, in bags, per lb. B©B%c; California limas, in sacks, 13® 14c; marrowtats, per lb, 14%@15c; green,; fancy home-grown, bu., [email protected]. Indiana hnll limas, per gal, $3.22. Beets—Fancy. Kentucky, v cr hamper, $1.25; home-grown, doz. 40c; per bu, > $2.25. Cantaloupe-Crate, standard, $1; flat, 35@50c; baskets. 40@50c. Carrots IJorae/grown, 30c per do*; j per bu, $2.25. Celery—Michigan, 6 doa crate. [email protected]. Cucumbers —Home-grown, doz, 75c. Eggplnt-—llome-grown, per doz, $1.75. 3.30. Grapes—California white, seedless, per 25-crate. $3. Huckleberries—Home-grown. 18 lbs, $4. Kale —Fancy home-grown, per lb, $1 @1.50. Lemons —Extra fancy, California, $4.20 @4.75. ; Lettuce—Per lb, 12c: bbl lots, 10c; home-grown per doz, 40c; fancy X. Y. bead, per crate $2.50. Mangoes—Fancy, home-grown, bu, $1.50@L75. Melons —Honey Dew, crate. [email protected]; southern Indiana Tiptop, bbl. *4 50@5. Okra—Louisiana, hamper. *2.50©3. Unions—lndiana, yellow and white, bu, $1.50; per bbl, $4; home-grown, green, doz, 20®25c; fancy western yellow, per 100-Ib sack, $2.75@8. Imported Bnnnlsb Oniona-Ver crate ‘ of fifty, $2.50@3. Oranges—Kztra fancy California Va- , lencias. $4.50®@7.30. Parsley—Fancy home-grown, 30c doz. Peaches Alabama, per crate. $3.50® 4.25; Kentucky Alberts*, per basket, s3® 4; Southern Indiana, per basket, ?5 [email protected]; some inferiors, per bu, $2. Pears—California Barrier* 4S-lb orate, $4.50@5; alligators, per doz, $4; homegrown sugar pears, Du, $3. p.>as—Fancy Mississippi, per hamper $3©3.50; fancy Telephones, bu, $4. Piunia California blue. per orate. $3.50; Blue Damson, half bu baskets, f‘2.50®2.75*, Burbanks, basket, $1.50; bu. $3.50®4.50; Wild Goose, basket. $1.50® 1.75; tureen Gage, basket, [email protected]; Lombards, basket, [email protected], Indiana blue freestone, bu. $3.50@4. Potatoes Virginia and Kentucky Cobblers, bbl, [email protected]; new home-grown, ss.soffifl. Banishes —Home-grown, button, doz bunches, 20@30e. Rhubarb—Home-grown, doz bunches } 35c. Spinach, home grown. [email protected] bu ; basset. Squash—Summer, Der doz, sl. Sweet Corn —Home-grown, doz, 35@40c. ! Sweet Potatoes—Alabama, bu $2.50©3. j Jersey, per bbl. $9. Tomatoes—Bu, [email protected]; basket, 259 60c. ' . I Turnips—Fancy, new, per bu, $2.50. Watermelons—Georgia, small, 40@45e; ; Jumbos, 60®00c. WHOLESALE FEED PRICES. Ton sacks. Owt. ; Acme brand $38.75 $3.00; Acme feed 58 75 3.00 j Acme middlings 06.25 3.35 Acme dairy feed 72.73 3.70 E-Z dairy feed 62.00 315 Acme H. & M 65.00 3.30 Acme stock feed 63.00 3.20 Cracked corn 73.00 3.70 Acme chick feed........ 74.75 8.80 Acme scratch 71.75 3.80 K-Z scratch 69.25 8.50 Acme dry mash 75.75 £.85 Acme hog feed.., 76.23 3.85 1 Acme barleycorn 83.25 4.20 i Ground barle 66.00 3.25 i Ground oats 85.75 4.35 j Horuilk yellow 72.00 3.03 Rolled barley 64.25 3.25 , Alfalfa mol B.op 3.45 Cotton seed meal 80.00 4.05 1 Kaffir cornmeal 03.75 8.20 Linseed oil meal 80.00 4.05 < GRAINS. Shelled corn, small lots sl.Bl Shelled corn, large lots 1.80 Shelled corn, 2-bu sacks 1.81 Oats, 3-bu sacks 217 Oats, bulk, large.. .82 Oats less than 100 bu...... 86 Chicken wheat, cwt. saoked 5.00
HARDING GIVES IDEA OF WORLD JUSTICE COURT
(Continued From Page One.)
expect to be, I will not empower an assistant secretary of the navy to Jraft a constitution for helpless neighbors In the West Indies and jam it down their throats at the point of bayonets borne by United States marines. "Nor will I misuse the power of the executive to cover with a veil of secrecy repeated acts of unwarranted Interference In domestic affairs of the little republic su<Ji as in the past few years have not only made enemies of those who had been our friends, but have rightfully discredited our country as their trusted neighbor.” AMERICANS 3IUST BE RESPECTED "On the other hand, 1 will not submit to any wrong against any American citizen by any government. This statement Is made in solemnity, with enmity for none and friendship for all. It particularly applies to Mexico. The application has been directed by tho robbery and murder of hundreds of our people In that unhappy country, who were lawfully there. "These utrages are largely the consequence of wiggling and wobbling, the supine waiting of our own governmfent. "This admonition is not directed exclusively toward out next door neighbor. “It Is intended for a plain notice to every government on the face of the earth that the entire resources of this nation are pledged to maintain the sacredness of American lives and properties. “This is not bombast, my countrymen; It is a note of assurance that Is the right of American citizenship. "The line of demarcation between our attitude and that of our political opponents is perfectly plain. "The president has made his position clear. ‘‘He still holds article 10 to be the heart of the covenant. ‘‘So does the democratic platform. So does the democratic nominee. “The democratic nominee has flatly said he ‘is in favor of going in’; I am not. "That is the whole difference, but It is a vital one, for It involves the disparity between a world* court of justice supplemented by a world association for conference, on the one hand w and the council of the league of nations on the other. MENTIONS TWO TYPES. "There lire distinctly two types of International relationship. "One Is an offensive and defensive alliance of great powers, like that created at Versailles, to impose their will upon the helpless peoples of the world. "I am opposed to such a scheme. "Other peoples have as good a right to seek political freedom as we bad In 1776. "The other type is a society of free nations, animated by considerations of right and Justice, not might and selfinterest, so organized as to make maintenance of peace a real possibility. I favor It with all my heart. "This country already Is a member of such a society—The Hague tribunal, which, unlike the league, is still functioning, and within a few weeks will resume its sessions under tho chairmanship of an American representative. “In that, we have the framework of a really effective instrument of enduring peace. "The world haa profited from a great object lesson. , "Tho horrors of war and the eagerness for peace have become universal. “This makes vastly easier the task of so strengthening the Hague tribunal as to render Its just decrees acceptable or enforceable. “Advocates of the league say the tribunal lacks teeth. "LET’S PUT TEETH IX IT." "Very well, let’s put teeth into It. If, In the failed league ?f Versailles, there can be found machinery which the tribunal can use properly and advantageously. by ail means let it be appropriated.” Senator Harding quoted both Premier Lloyd George and Vlncount Grey as suggesting that representative, Americans draw up suggestions for the' reconstruction of a league, consonant with the feeling of all the parties In America. "I valued that suggestion," he continued, “for that Is what is in my own mind, and substantially what I would propose doing if elected. “The objection In some quarters that this course would Involve the reconvening of the entire convention is a slight one. “There would be no material delay, for the acceptance of our proposals by the few principal nations would undoubtedly be followed promptly by the minor ones. “I should give very earnest and practically undivided attention to this vital subject from the day of election, and 1 should ask others? to do so as a matter of public and patriotic duty. "One can not be more specific with any sense of certainty. "No one can foresee the exact conditions by which our country will be confronted seven months hence. “Our moral leadership was lost when ‘ambition’ sought to superimpose a reactionary theory of discredited autocracy upon the progressive principle of living, glowing democracy. “My chief aspiration will be to regain that lost leadership for my country.”
GOV. COX RENEWS FUNDS ATTACK IN NE WY()RK TALK (Continued From Page On.) colonists to achieve Independence In 1776.” The statement was loudly cheered by many who apparently regarded It as having reference to the Irish situation. Cox renewed his charges with regard to the republican campaign fund, and criticized Republican Treasurer Fred Upham for his denial of Cox’s charges.
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TIME LIMIT ON REPLY IGNORED BY BOLSHEVIKI
(Continued From Pag . One.)
for the protection of Americans, a considerable number of whom are in Danzig, Secretary Daniels said. He declared there is nothing alarming In the situation there but that the state department believed it advisable for a warship to be there. 3 RUSSIAN COLUMNS ROUTED AT BREST WARSAW, Aug. 28.—Three Russian columns attacking Brest-Litovsk have been routed and 6,000 men taken prisoner, the Polish communique today stated. The battle on the north front is nearing an end, the communique said. REPORT 50000 RUSSIANS KILLED WARSAW, Aug. 27 (via London, Ang. 28.1—Fifty thousand Russians have baen killed and wounded and 107,000 Russian prisoners have bepn captured, the Polish war office announced tonight. The communique reported the repulse of three Russian column that were attempting a counter-offensive east of the fortress of Brest-Litovsk.
LEROY SUSPECT DENIES CHARGE Says He Can Prove Identity in New York. RIO JANEIRO, Aug. 28.—Morris Fox, arrested aboard the British steamer Dryden, denies he is Eugene Leroy, wanted In connection with the DetroitNew York trunk “murder mystery,” in which the mutilated body of a woman believed to be Leroy's wife, was found in a trunk. “People who had me arrested for this wife murder are crazy,” said Fox. “I can easily prove who I am when I return to New York. Dr. J. A. Sherwood In that city will identify me; I tell you I am not Leroy.” Fox freely answers questions regarding Ms movements in the last year, but angrily declines to answer questions about the Leroy case. He Is about six feet tall and weighs 170 pounds. He has brown eye*, a prominent forehead, straight brown hair and bis right thumb has been crushed. He has been a member of the International Seamen's nnlon since 1918, and his card shows he will be 20 Sept. 25. The suspect was born in Russia and Is a Canadian subject, he said. He went from Toronto to New York last January. He said he had not left New York from that time until he started for South Amr ca as a sailor on the Dryden. A ordlng to Fox, he lived at 2853 West Tw jty-flfth street. Coney Island, and wo. ked In the B. G. & B. Cloak and Suit Company, 137 West Twenty-third street, until the place burned down.
Bankers to Fight Schemes and Frauds ST. LOUIS, Aug. 27.—According to announcements made here by Richard S. Hawer, president of the American Bankers’ association, bankers of the United States Intend to make use of th*wlde publicity involved In the Ponzi case to encourage the attention of state legislatures to enacting and perfecting more stringent blue sky legislation. P-esident Hawes stated that considerable time of the natiocal convention of the American Bankers’ association, to be held In Washington In October, will be devoted to a discussion of effective means to reduce questionable financial operations. Only the amount of the finances involved has made the Boston case of wide interest. It is questionable if there are few if any towns In the United States, bankers say, that are free from tha operation* of some get-rieh-quiek scheme, many of them cloaked in the semblance of grat respectability. The annual losses can be talked of In billions, at least one or two, and ot a time when every bit of capital is legitimately needed to finance our reconstruction efforts. NEW YORK STOCK SALES. NEW YORK. Aug. 28. —Sales of stocks today on the Board of Exchange totaled 169.500 shares. Bonds to the total value of $3,997,000 were also sold. Pales of stocks for the week total 2.758.000 shares, while bond sales for the week total $47.4:3,000.
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ROBBINS BODY CORPORATION. Preferred Stock Dividend. Notice is hereby given that the regular Quarterly Dividend of oue and one-half per cent has been-declared on the Preferred Capital Stock of the above company and will be ravable on September 1. 1920, to stockholders of record at the close of business on August 31, 1920. FZ McMURTRIE. President. Indianapolis, August 20, 1920.
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