Indianapolis Times, Volume 33, Number 268, Indianapolis, Marion County, 19 March 1921 — Page 11
STOCK MARKET CLOSES STEADY Highest Levels for Day s Touched in Final Trade. NEW YORK. March 19.—The stock market closed steady today. Many stocks sold at new high levels for the day in the last few minutes, due mainly to short covering. Studebaker was active and strong, advancing to 69%, compared with its early low of 66, and Pierce-Arrow rose 2% points to 31%. United States Steel, after selling at 81%, reacted to 81%. Cruioible yielded from 91% to 90%. American Woolen, after moving up 2 points to 68%. fell to 67. Central Leather was in demand, making a gain of 1% points to 40%. Mexican Petroleum held within a narrow range around 147%. Reading rose fractionally to 69%. Total sales of stocks for today were 431,400 shares: bonds, $5,100,000. Total sales of stocks for the week were bonds, 53,711,000. (By Thomson A McKinnon.) w —March 19— ■ There was just a little uncertainty at ue opening of today’s market, with a Moderate amount of stock for sale. Some buyers were content wit hthe moderate profits in sight. At the same time it was noticeable that commission houses were prepared to buy stocks at cunces■ions. Orders were appearing for most active Issues and there was little comfort for the short in such a situation. It was. therefore, not at all surprising that a little later this element, becoming uneasy, began to accept stock as offered. Values began to Improve and it was again gratifying to note an increasing interest and new specialties attracting attention and scoring some gains, though, leadership was still maintained by Studebaker, Chandler, Baldwin and Asphalt. We are approaching the time when action may be expected that will Improve world conditions. In Russia move has already been made in this direction, through the trade agreement with England, which involves a complete change on the part of the present Russian government in its policies and we may expect at any day the cooperation of onr own Government in settling the German reparation problem and thus bring on real peace. Our corporations have gone through the process of deflation and have charged off losses on inventories. This means business now being conducted at deflated levels and the future statements will show profits rather than losses. The bearish element have undoubtedly overdone their side and it will more than likely develop that they have overstayed their market. CLEARING HOUSE STATEMENT. NEW YORK, March 19—Exchanges. *661.670.647; balances, $67,738,917; Federal Reserve Bank credit balances, $66.033,602. TWENTY STOCKS AVERAGE. NEW YORK, March 19.—Twenty industrial stocks averaged 76.30. up .86 per cent. Twenty active rails averaged 70.75, off .01 per cent.
Money and Exchange
Indianapolis bank clearings today were W5J.336.000. against $2,680,000 a week ago. Ft.r the week ending todiv. they. were $13,208,000. against $14,637,000 for the week before. NEW YORK, March 19. —Foreign exchange market opened strong today, with demand sterling unchanged at $3.91%. Franc cablps were up 1 centime to 6.97 c; checks. 6 96c. Relgian cables were 7.28 c; checks, 7.27 c. Lire cables were 4.09 c; checks, 4.08 c. Guilder cables were 34.45 c; checks, 34.33 c. Sw*4lish cables were 23.05 c; checks, 23c. Marfls were 1.61 c. NEW YORK BANK STATEMENT. NEW YORK, March 19.—Arerage: Loans, increased. $7,793,000; demand ueposits, decreased, $6,475,000; time deposits. Increased. $655,000: reserve, increased. .$4,207,500. Actual: Loans, increased. $33,120.00*); demand deposits, decreased. $27,574,000; time deposits, increased. $2,168,000; reserves, decreased, $31.243.7*00. MOTOR SECURITIES. (By Thomson & McKinnon.) —March 19— —Opening— Bid. Ask. Briscoe 16 17 Chalmers com 1 1% Packard com 11 11% Packard pfd 70 73 Chevrolet 100 400 Peerless 23 23 Coat. Motors com 6% 6% Motors pfd 85 90 Hupp com 12% 13% Hupp pfd 8S 92 Beo Motor Car 91% 02 Elgin Motors 5% 6% Grant Motors 33% Ford of Canada 280 290 United Motors 35 65 National Motors 4 6 Federal Truck 19 21 Paige Motors 19% 20% Republic Truck IS 20 ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —March 19— —Opening— Bid. Ask. Anglo-American Oil 17% is Atlantic Refining 970 * 1020 Borne-Scrymser 300 390 Buckeye Pipe Line 81 83 Chesebrough Mfg. Cons Iso 200 Chesebrough Mfg. Cons. pfd. 100 103 Continental Oil, Colorado... 114 118 Cosdeu Oil and Gas 5% 6 Crescent Pipe Line 29 31 Cumberland Pipe Line 135 145 Elk Basin Pete 8% 9% Eureka Pipe Line 95 99 Galena-Signal Oil, pfd (new) 92 97 Galena-Signal Oil, com 43 43 Illinois Pipe Line 168 173 Indiana Pipe Line 82 85 Midwest Oil 1 ii* Midwest Rfg 136 138 National Transit 26% 27% New York Transit 147 152' Northern Pipe Line 92 97 Ohio Oil 271 274 Penn.-Mex 30 34 Prairie Oil and Gas 460 470 Prairie Pipe Line 198 203 Sapulpa Refg 4% 4% Solar Refining 380 393 Southern Pipe Line 102 105 South Penn Oil 220 225 Southwest Penn Pipe Lines. 68 72 Standard Oil Cos. of Cal 300 303 Standard Oil Cos. of Ind 69% 70% Standard Oil Cos. of Kan 560 590 Standard Oil Cos. of Ky 390 405 Standard Oil Cos. of Neb 440 460 Standard Oil Cos. of N. J. pfd 105 110 Standard Oil Cos. of N. Y 328 332 Standard Oil Cos. of Ohio 375 390 Swan & Finch 40 50 Union Tank Line 106 108 Vacuum Oil 290 300 Washington Oil 2S 3” S NEW YORK CURB MARKET. (By Thomson & McKinnon.) —March 19— Closing Bid. Asked. Curtis Aero com 3 5 Curtis Aero pfd 10 20 Texas Chief 7 12 First National Copper... % 1 Goldfield Con 7 9 Havana Tobacco ... 1 1% Havana Tobacco pfd..... 1 2 Cent. Teresa 3 4 Jumbo Extension 4 6 Int. Pete 14% 15 Nipissing 7% 8 Indan Pkg 2 3 Royal Baking Powder...ll3 116 Royal Baking Powder pfd 80 83 Standard Motors 6% 7% Salt Creek 23 28 Tonopah Extension 1% 1% Tonopah Mining 1% 1% United P. S. new 1% 1% U. S. Light A Heat 1% 1% u. S. Lieht & Heat pfd.. 1 2 Wrlght-Mattln 4 6 World Film 1-16 3-16 Yukon Gold Mine C 0.... 1 1% Jerome 1% 1% New Cornelia 14 J 8 JPnited Verde 24 26 'Sequoyah 5-16 7-H* Omar Oil 2% 2% Rep. Tire % 1% NEW YORK REFINED SUGAR. NEW YORK. March 19.—Refined sugar was strong today, with fine granulated quoted at 8.25 c per pound. NEW YORK PETROLEUM. NEW YORK, March 19.—Petroleum was about steady today, with Pennsylvania crude pitroleum at $3 a barreL
Stock Market Review
NEW YORK, March 19.—The Snu financial review today said: “There was a good tone to the stock market in today’s short session and trading was in relatively substantial volume, although it was apparent from the beginning that operations represented little more than the speculative impulses of the floor traders. "At the opening prices were a bit irregular, but strength was not slow in developing in various quarters. “The steel group did particularly well In the first half hour and so did the motors. "Moderate fluctuations through the second hour failed to bring about material change in the character or trend of the market. The higher levels were pretty well maintained. "Bonds were quiet and narrowly irregular. "Cotton did little more than hold its own.’’
N. T. Stock Prices
—March 19-- Prev. Rgh. Low. Close, close. Adv.-Rum. pfd.. 50 50 50 Allied Chemical 44% 43% 43% 43 Allis Chalmers.. 37 36% 36% 36% Am. Agricnl.... 51 49% 50% 49% Am. Beet Sugar 43% 43 43% 43 Am. B. Mag. Cos. 56% 56% 56% 56% Am. Car & Fdy.122% 122% 122% 123 Am. Can 29% 29% 29% 29% Am. H & L com. 9% 9% 9% 9% Am. H& L pfd. 47% 46% 47% 43% Am. Drug 6% 6% 6% 6% Am. In. Corp... 43% 43 43% 42% Am. Linseed.... 52 48% 52 48% Am. Loco 86% 86% 86% 86% Am. Sni. & Ref. 40% 4040 40 Am. Sugar Ref. 95 93% 94% 94 Am. S. Tob. Cos. 80% 79 79% 80 Am. Tel. & Te1..100 100 100 100 Am. Tobacco... .115 115 115 115% Am. Woolen 68% 66% 67 66% Ana. Min. C 0... 38% 37% 87% 38% Atchison 81% 81 81 81 At. Gulf &W. I. 33% 33 34% ?5 Baldwin L0c0... 88% 87% BS% 87% B. & 0 33 33 33 33 Beth. Steel tBl. 57% 57% 57% 57 Rk. Rap. Trans. 14 13% 14 13% Can. Pae. Ry... 113% 113% 113% 113% Cent. Leather 40% 39 40% 39% Chandler Mot... 30% 79% 80% 49% C. A 0 59 58% 59 58 CM. & St.P.pfd. 37% 37% 37% 37% Chi. & N. W.... 66 66 66 66 C., R. I. & P... 25% 25% 25% 25% C.R. I.& P.6'7 pfd. 61 61 61 Chili Copper.... 10 10 10 10% Chino Copper... 20% 20% 20% 20% Coca Cola 21% 21% 21% 21% Columbia Gas... 59% 59% 59% 59% Columbia Graph. 7% 6% 7% 6% Con. Gas 82% 82% 82% 62 Cont. Can 61% 61% 61% 59 Cont. Candy Cos. 1% 1% 1% 1% Corn Products.. 74% 73% 74% 73% Crucible Steel.. 91% 90% 90% 90% Cub. Am. Sugar 28% 28% 28% 28% Cub. Cane Sugar 24% 24% 24% 23% Endicott 62% 60 62 60% Erie 12% 12 12 12% Erie Ist pfd 18 18 18 18 Fisk Rubber Cos. 14% 14% 14% 14% Gen. Asphalt 62% 59% 62% 59% Gen. Cigars 58% Gen. Electric.. .137 137 137 138% Gen. Motors .. 13% 13% 13% 13% Goodrich 37% 36% 37% 37% Gt. North, pfd. 74% 74% 74% 74 (It. North. Ore. 32 32 32 32 Houston Oil ... 69% 69 09 * s % Ins pi r. Copper.. 33% 33% 33% 33% Interboro. Corp. 5 5% 5% 5% Interboro pfd... 14% 14% 14% 15 Inter. Harvester 9% 98% 98% 97 Inter. Nickel 15% 14% 15% 14% Inter. Paper 58% 56% 58% 50% Invincible Ore.. 18% 18 8, ls-6, 18% K. C. Southern. 22% 2-% 22% 22% K Sprgfild Tire 40% 40% 4"% 40% Keun. Copper.. 18% 18 18% 18 Lckawanna Steel 33% 53% 53% Loews, Inc 18% 18% 18% 18% L. & N 100 99% 100 Marine c0m.... 13% 13% 13% 13% Marine pfd 52% 51% 52% 51% Mex. Petrol 141% 147% 147 >, 14' Miami Copper.. 17% 17% 17% 17% Mid. Sts. 0i1.... 13 12% 13 12% Midvale Steel... 30% 30% 30% 30% Mo. Pac. Ry ... 13 .2% 13 12% Midvale Steel... 30% 30% 30% :)% Mo. Pac. Ry 18 IS 18 18% Nat. En. & Stp. 60 60 60 60 Nev. Con. Cop.. 10 9% 9% 9% N. Y. Central... 70% 70% 70% 7o* s New Haven 16% 15% 16 16% Norf. A West... 90% 1*6% 5*6% 96 North. I’ac 79% 78% 79% 79 Okl. Pro. A Ref. 3% 3% 3% 3% Pacific Oil 33% 32% 33 32% I’an-Am. Petrol. 72% 71% 72% 72% Penna. Ry 35% 34% 35% 35% People's Gas.... 43% 42% 43% 42% Pierce-Arrow .. 31% 29 31% 29% Pierce Oil 10% 10% 10% 10% | Pittsburgh Coal 59% 59% 59% 59% Prsd. Steel Car. 86% 86% 86% 87% | Pulrn. Pal. Car.lo6 104% 104% Reading 68% 68% 68% 68% ■ Rep. Irn. A Stl. 68% 67% 67% 67% : Replogle Steel.. 24% 24% 24% Ryl. Dch. N. Y. 63% 63% 63% 63% Sears-Roebuck.. 7S 77% 78 77% Sinclair 23% 22% 23 23% So. Pacific 74% 74 74% 74% Southern Ry.... 20% 20% 20% 20% St.L. A S.F. com 21% 21 21% 21% Strom. *'arb 35% 35% 35% 34% Studebaker 69% 06 69 % 60% Texas Cos 41% 41% 41% 41% Texas A Pacific 21% 21% 21% 21% Tob. Prods 47% 47% 47% 47% Trans. OH 8% 8% 8% 8% Union Oil 20% 19% 20 20 Union Pacific ...118 118 US 117% U. Retail Stores 50 49% 49% 49% U.S.F.Prod.Corp. 23 22% 22% 22y U. Fruit Cos. ...102 101 % 102 10t~s U.S.In. Aleo / 70% 69 69% 69 U. S. Rubber.... 71% 70% 71% 70% U. S. Steel 81% 81 81% 81% U. S. Steel pfd.UO 109% 109% 110 Utah Copper.... 49% 48% 48% 50 Van. Steel 30 29% 30 29% Vir-Car. Chem.. 32 32 32 Wabash 7% 7% 7% 7% Wabash Ist pfd. 19% 19% 19% 19 W. Maryland... 9% 9% 9% 9% West. Electric... 48% 48 48% 48% White Motors.... 40% 4040% 40 TV-Overland .... 7% 7% 7% 8 Worth. Pump 50 49% 00% 49% NEW’ YORK LIBERTY BONDS. —March 19— Prev. High. Low. Close, close. L. B. 3%s 90.62 90.38 90.62 90 36 L. B. Ist 4s 87.20 L. B. 2d 4s. 87 00 87 00 L. B. Ist 4%5.... 87.30 87.22 87.30 87.40 L. B. 2d 4%s 87.10 86.92 86.94 87 04 L. B. 3d 4%s 90.24 90.12 90.20 90.2) L. B. 4th 4%5... 87.26 86 12 87.14 87.24 Victory’ 3%s 97.20 97.16 97.16 97.24 Victory 3%s 97.24 97.10 97.12 97.22 CHICAGO STOCKS. (By Thomson A McKinnon.) —March 19— Open. High. Low. Close. Armour pfd.... 91 Carbi. A C’arbo. 53% Libby 10% 10% 10% 10% Nat. Leather.... 8% S-Roebuck 77% 78 77 % 77% S-Warner 32 32 31% 31% Swift A Cos 101% Swift Internat.. 26% Piggly Wiggly.. 18% 19 17 18 NEW YORK WOOL MARKET. NEW YORK. Murch 19.—W00l was barely steady today, with domestic fleece, XX Ohio, quoted at 24@45c per lb; domestic pulled, scoured basis. 40@75c. and Texas domestic, scoured busis, 40@82c. NEW YORK RAW SUGAR. NEW YORK, March 19. —Raw' sugars (centrifugals) were strong today. Cuba? were quoted at 6.27 c per pound, dutypaid, and Porto Ricos, 6.27 c, delivered.
In the Cotton Market
NEW YORK, March 19—The cotton market was irregular at the opening today, showing an advance of 18 points to a decline of 4 points. Trade was again small. The South and New Orleans sold. Wall street and houses that sometimes act for spot Interests bought. Tbe textile news was unfavorable. After the opening, prices eased about 8 points from last night’s close. New York cotton opening: May, 1165 c July, 12.12 c; August. 12.28 c bid; September. 12.50 c bid ; October. 12.57 c ; December 12.82 c; January, 12.90 c. The market was steady In the late forenoon and featureless outside of short covering. Tbe close was steady at a net advance of 3 to 22 points. LIVERPOOL, March 19.—Spot cotton was in small Inquiry Friday with prices easier. American middtinge fair, 10.66d; good middlings, 8.66d; full middings, 8.06d; low middlings, 6.41d; good ordinary, 5.16d; ordinary, 4.41d. Futures opened quiet.
LIGHT HOGS REACH sl2 MARK Cattle Market Quiet —Calves Close Weak. RANGE OF HOG PRICES. Good Good Good March Mixed. Heavy. Light. 14. $11.25011.60 $10.75 @'11.25 $11.76 @11.85 15. 10.75011.00 10.25010.75 11.25011.50 16. 10.25 [email protected] [email protected] 17. 10 25010.50 9.75010.25 10.50010.75 18. 11.25011 35 10.25010.75 11.25011.50 19. 11.25011.60 10.75011.10 11.75012.00 With hog prices up 50 cents, light hogs reached a top of sl2 on the local live stock exchange at the opening today, while the bulk of sales for the short session was [email protected]. There were only 3,000 fresh hogs on the market today and with an active and strong demand by the order men, practically all the receipts were sold during the first hour of the market. Light hogs generally brought sll. <0 @11.85 and mediums [email protected]. Heavy hogs brought $10.?5@11; pigs, [email protected], and roughs, sß@9. With approximately 200 fresh cattle on the market and only a fair demand, the market was quiet and prices generally steady. There was strong tone to the calf market at the opening and prices were fully steady to strong, but after the first hour, during which time practically all of the good calves had been bought, a weak tone set in and prices closed lower, although there were but few calves left to bring tbe lower prices. There was a top of sl6 on choice calves, while the bulk of the good and choice calves brought $14.50@16. There were nd sheep and lambs on the market. HOGS. Best light hogs, 100 to 200 Ids average [email protected] 200 to 300 lbs [email protected] Over 300 lbs [email protected] Sows 8.1)0® 9.00 Fest pigs, under 140 lbs [email protected] Bulk of sales [email protected] CATTLE. Prime cornfed steers, 1,000 lbs and up [email protected] Good to choice steers, 1,200 to 1,300 lbs 8.75® 9J>5 Good to choice steers, 1,100 to 1,200 lbs 7.75@ 8.50 Medium steers, 1,000 to 1,100 lbs .T. B.oo® 8.25 Common to medium steers, 800 to 1,000 lbs 5.75® 7.00 —Heifers and Cows— Good to choice heifers 8.73@ 9 75 Medium heifers .... 7.00@ 8.50 Common to medium heifers... 4.50@ 673 Good to choice cows 8.50@ 8.00 Fair to medium cows 6.(MK<i 600 Cutters 3.23@ 4.50 Canners 2.25® 3.25 —BullsGood to choice butcher bulls. 5.00@ 821 Bologua bulls 5.00@ 550 Light common bulls 4.00(*i 5.00 —Calves— Choice veals [email protected] Good veals [email protected] Medium calves 11.00® 13.00 Lightweight veals [email protected]) Common heavyweight calves. 6.00@ 9.00 —Stockers and Feeders — Good to choice steers, qpder 800 lbs 7.25@ B^s Medium cows 5.00® 5.25 Good cows 5.25@ 5.75 Good heifers 5.75@ 6.23 Medium to good heifers 5.25® 6.25 Good mil keys [email protected] Stock calves, -50 to 450 lbs.. G.25@ <>.25 SHEEP AND LAMBS. Good to choice sheep 3 00® 3.50 Fair to common I.su@ 2.00 Bucks 2.00@ 2,50 Cull sheep I.oo® 1.50 —Lambs— Common to choice yearlings . 5.00® 7.00 Spring lambs B.oo@ 9.00
Other Livestock
HICAGO, March 19.—Hogs Receipts, ' 3.0U0; market, 17.@500 up; hulk. s9'sill; butchers. $9 20(0.9 75; packers. $8(08.90; light*. [email protected]; pigs. $10@11; roughs, $7.75@f8. Cattle —Receipts, 1.000; market steady; beeves, sß@ 10.65; butchers, $5.30 @9.-5; canner* anil cutters. s2.7f<@s; Stockers and feeders. $4.7>[email protected]; cows, [email protected]; calves. $9.75@12. Sheep Re ■ceipts, 9,000; market steady I lambs, $8.50 @10.25; ewes, s2@6, CINCINNATI, March 19 -Ilogs Receipts, 2,500; market 25@5v: higher; heavy hogs, slo@ 11.25; mixed, mediums and 'lights, $11.75; pigs, [email protected]; roughs, $8.25; stags, $6. Cattle Receipts, 300; market generally steady; bulls, weak; calves, $15.50(016. Sheep and lambs j Receipts. 150; market slow, steady. | CLEVELAND, March 19.—Hogs—Re | ceipts, 1,500; market 25c up; yorkers, $11.25; mixed. $11.25; medium, 10; pigs. $11.50; roughs, $8; stags, s*l. Cattle— Receipts, 100; market steady. Sheep and lambs— Receipts, 1U0; market slow; top, $lO. Calves—Receipts, 200; market steady; top, $15.50. PITTSBURGH, March 19.—Cattle—lte- ! ceipts, light; market steady; choice. $lO @10.50; good, $9.50@10; fair, [email protected]; I veal calves, [email protected]. Sheep and lambs —Receipts, light; market steady; prime j wethers. [email protected]; good, [email protected]; mixed fair, $5.50@6; spring lambs, $10.25@10 75. ! Hogs—Receipts, 15 doubles; market I higher; prime heavies, slo@ 10.50; meI dlunis, [email protected]; heavy yorkers, $11.75 @11.85; light yorkers, [email protected]: pigs. ! [email protected]; roughs, [email protected]; stags, $5 | @5 50. j EAST ST. LOUIS, March 19.—Cattle— I Receipts, 150; market, steady; native beef | steers, [email protected]; yearling beef st**ers and heifers, $8.25@; cows, s7@B; stock ers and feeders, [email protected]; caives, $10.25 @10.50; canners and cutters, $3.25@4. Hogs Receipts, 1,200; market. 10@15c (higher; mixed and butchers, slo9o@j 11.30; I good heavies, $9.75@!10.25; rough heavies, [email protected]; lights, [email protected]; pigs, $10.75 @11; bulk of sales, [email protected]. Sheep—- ! Receipts. 300: market, nominal: ewes, $4 @5; lambs, $S@9; canners and cutters, $1.50@3. i EAST BUFFALO, March 19.—Cattle—- | Receipts, 125; market, slow, steady; ship ping steers, [email protected]; butcher grades, [email protected]; cows, [email protected]. Calves Receipts, 250; mnrket, active, $1 up; culls, choice, $5@18250. Sheep and lambs Receipts, 2, ; market, active for lambs, 25c up; sheep, slow, steady ; choice lambs, slo@ 10.50; culls, fair. [email protected]; yearlings, s7@ 8.50; sheep. s3@7. llogH Receipts, 3,20:; market, active, 25@75c up; Yorkers, $11.75 @l2; pigs. [email protected]; mixed. [email protected]; heavies, $10@11; roughs, [email protected]; stags, sf.@7. INDIANAPOLIS PRODUCE. Eggs—Fresh, loss off. 24c. Poultry— Fowls. 28c; broilers, lMj to 2 lbs, 45c; cocks, 10c; stags, 16c; tom turkeys, 3oc; young hen turkeys, 35c; young tom turkeys, 35c; cull thin turkeys not wanted; capons, 7 lbs and up, 42c; ducks, 4 lbs and up, 22c; ducks, under 4 lbs, 18c; geese, 10 lbs and up, 16c; squab's, 11 lbs to doz, $0; guineas, 9-lb size, per doz, $6. Butter—Buyers are paying 49@50c per lb for creamery butter delivered In Indianapolis. Butterfat —Buyers are paying 44c per lb for butterfat delivered at Indianapolis. CHICAGO PRODUCTS. CHICAGO, March 19—Butter—Cream ery extras, 45c; creamery firsts, 41%e; [firsts. 38<®43c; seconds. 30@35c. Eggs— I Ordinaries. 21@22c; firsts, 24 Cheese | - Twins, 24Vjc; young Americas, 24Mic. i Live poultry—Fowls, 34c; ducks, 36c; I geese, 16@18c; spring chickens, 34c; turkeys, 40c; roosters. 22c. Potatoes—Receipts, 80 cars; Wisconsin and Minnesota [email protected]. CLEVELAND PRODICE. CLEVELAND, March 19.—Butter—Extra in tubs, 51Mi@52c; prints, 52V6@53c; extra firsts. 50bj@51c; llrsts, 494fc@50c; seconds, 38@39c; packing, 14@17c; fancy I dairy, 30c. Eggs—Fresh gathered ex- , tras, 37c; extra firsts, 36c; Ohio firsts, * new cases, 34c; old cases, 33c; Western j firsts, new cases, 33c. Poultry—Live, heavy fowls, 36@37c'l rootters, 22@23c; i spring chickens, 34@30c. WHOLESALE FEED PRICES. The following are today's wholesale market prices ror beef cuts as sold on the Indianapolis markets: Ribs—No. 2, No. 3, I7c. Loins— No. 2, 33 c; No. 3,21 c. Rounds—No. 2, 22c; No. 8,18 c. Chucks—No. 2,13 c; No. 3.11 c. Plates—No. 2. 12c: No. 8. 10c. *
INDIANA DAILY TIMES, SATURDAY, MARCH 19, 1921.
GRAIN PRICES SUFFER DECLINES Light Buying and Foreign News Chief Mart Influences. CHICAGO, March ID.—Grain prices declined on the Chicago board of trade today as the result of bearish foreign news and light buying. Offerings were free. Provisions were higher. March wheat opened at $1.54, off %c. and lost 2c later. May wheat opened off %c at $1.45, and closed down 3c. May corn opened off %c, at 67%c, and closed an additional %c off. July corn opened off %c and dropped %e additional at the close. May oats opened unchanged at 41%r and dropped %c at the close. July opts opened unchanged at 43%c and lost %c at the close. (By Thomson and McKinnon.) —March 19 — Wheat —The lack of any important demand, either export or milling, ‘or cash wheat, together with a forecast of widespread precipitation over the wheat belt increased the belief wheat prices must decline to some point which will attract a better demand. There is some evidence In the Southwest that farmers are abandoning their ideas of higher prices, probably because of the present good outlook for the new crop. Seeding of spring wheat is progressing rapidly and will be completed within another week in certain sections, if continuation of the present weather. The belated marketing of the Argentine crops is expected to bring a good portion of their surplus in direct competition with the new crop of North America. It Is a little premature to become strongly convinced of lower wheat prices on crop outlook at this season at seeding time. However, the important factor in the market Just now is the small demand, either Immediate or prospective. In case the Monday weather map shows good precipitation over Nebraska and Kansas there will probably be a continuation of the liquidation now going on. Corn and Oats —A better domestic demand has developed in corn and oats, although by uo means of large proportion. This condition was ignored as It is believed that the present accumulations in elevators nre too large to be absorbed by such demand as exists. The widening discount for the May delivery reflects the hedging load against elevator accumulations. Nothing has developed as yet to suggest the idea of any permanent advance in prices. Provisions-—The weakness in grains was responsible -for some commission selling of hog products. There is very good domestic distribution and some evidence of a fair foreign demand. In the event of any broadening of tbe export bids prices will be responsive to smaller receipts of hogs which are expected. CHICAGO GRAIN. —March 19— WHEAT— Open. High. Row. Close. March... 1.54 1.54% 1.52 loMay 1.45 1.45 1.41% 1.42 * v 77... 67 % 67% 66% 66% July 70% 70% 69% 69% ° May 7!... 41% 41% 41 41 July 43% 43% 41% 41% 1 L yt!,y 11.95 12.00 11.87 1195 July 12.30 12.40 12.22 12.27 K Mov7 11.55 11.55 11.50 11 50 •July . K \lav..... 135% 135% 1.34 1.34 July 1.15% 115% 113% 1.13% •Nominal. CHICAGO CASH GRAIN. CHICAGO, March 19. Wheat—No. 2 red $1.65%; No. 3 red. $1.62; No. 2 hard winter, $ 1.53%@ 1.58; No. 3 hard winter, $1.52. Corn—No. 3 mixed. 60%@*<1%c; Vo 2 white 64%c; No. 2 yellow. 64%'$ 65. • No 4 mixed. 58%@6tV; No. 3 white. 60%p; No. 3 yellow. 60%@61%c; No. n mixed, 58@58%c; No. 4 while, 58%@ 59%e; No. 4 yellow. r>B%@6*X'. Oats—Not quoted.
TOLEDO CVBII GRAIN. TOLEDO. March 19.—Wheat—Cash and March, $i 65; Mary. $1.66 Corn—No. 3 I yellow. 67'-. Oats No. 2 white. 45%@ i tfii'.e Rve— Not quoted. Barley No. 2. ! 75,.. ■ CloVerseed ’u-h (1920), sl'2.*>: March $12.50; April. $9.90; October, $9.02. I Timothy Casli (old. 1918), $2 80; cash (old, 1919*. *2.90; cash (new. 1920i. April ; and’May. $2 9'. ; September, _53.20. Alslke— Cash (new), sls; cash. $13.75. PRIMARY MARKETS. (By Thomson & McKinnon ) —March 19— \\ heat. Corn. Oats. Chicago 98,060 360,000 185,00 Milwaukee *.OOO 128.000 61.000 I Minneapolis 216.000 57,000 72,000 Duluth 53.000 23,000 19.’>"0 St Louis 71.0)0 111,000 68,009 Toledo 3.000 9.000 4,00*) Detroit 4,009 8,000 Kansas City ...176.0*0 90.000 14,000 Peoria 2.000 31,000 14.000 Omaha 29,000 69,000 22,000 Indianapolis 7,000 31.000 24,000 Totals 667,000 968,000 491,000 Year ago 396,000 792,000 489.00.) —Shipments— Wheat. Corn. Oats. Chicago 25.000 -491.000 186,000 Milwaukee (.090 145.0)10 70,000 Minneapolis ....133,000 39,000 49,000 Duluth 22.000 St. Louis 73.000 98.000 64.000 Toledo 4,000 17.000 8.0 K) Detroit 6,000 Kansas City ...352,000 16,000 16,000 Peoria 5,000 27.000 41,000 Omaha 86,000 73,000 28.000 Indianapolis ... 1.000 25,000 30,000 Totals 709 .**oo 931.001) His,ooo Year ago 388,000 420,000 503,000 —Clea ra rices— Dom. W. Corn. Oats. New York *O.OOO New Orleans ...120,000 Totals 160.000 Year ago .....111.000 INDIANAPOLIS CASH GRAIN. March 19— Rids for enr lots of grain and hoy at the call of the ludianapolis Board of Trade were: Corn—Easier: No. 3 white, 63@65c; No. 4 white, 61 %@63c; No. 5 white, 58%@ 60%e; No. 3 yellow, 64@00c; No. 4 yellow, 61%@63c; No. 5 yellow. 59@61c; No 3 mixed, 2%@64%c; No. 4 mixed, 61 @ 62c; No. 5 mixed, 58%@60%c. Oats—Steady; No. 2 white, 45@46c; No. 3 white. 44@45c. Hay—Weak; No. 1 timothy, $20,505(421; No. 2 timothy, $20@20,50; No. 1 light clover mixed, $19.50@20; No. 1 clover buy, sl7@lß. —lnspections Wheat —No. 1 red, 1 car; No. 2 red 3 cars; No. 4 red, 1 car; total. 5 cars. Corn—No. 3 white, 5 cars; No. 4 white, 2 cars; No. 3 5 cars; No. 5 yellow, 1 car; No. 3 mixed, 3 cars; No. 4 mixed, 4 cars; No. 6 mixed! 1 car; total, 24 cars. Oats—No. 2 white, 10 cars; No. 3 white, H cars; sample mixed, 1 car; total, 13 cars. Hay—No. 1 clover mixed, 3 cars; No. 2 clover mixed, 1 car; No. 1 clover hay, 1 car; total. 5 cars. BOARD OF TRADE STATEMENT. The weekly statement of the Indianapolis board of trade, showing the output of flour by local mills, inspections for the week and stock in store, follows: COMPARATIVE STATEMENT. Output of Flour— Barrels, March 19, 1921 5.871 March 12, 1921 7 647 March 20, 1920 11,206 March 22, 1919 9,943 Inspections for Week. —Bushels — In. Out. Wheat 29,000 8.000 Corn 232,000 171,000 Oats 232.000 104.000 Rye 5,000 1,400 Hay, 12 cars. —Stock in Store.— Wheat. Corn. Oats. Rye. March 19, 1921 .90,930 465,320 280,400 3 o**o March 20, 1920.308,630 553,925 67,0,84 8 020 March 22, 1919.251,630 428,660 250,930 3,3(0 HAY MARKET. The following are the Indianapolis prices for hay by the wagon load : Hay—Loose timothy. new, s2l @22; mlxe dbay, new, $18@19; baled, $20@21. Oats—Bushel, new, 45@47c. Corn —New, Gs@6Sc per bushel. WAGON WHEAT PRICES. Indianapolis flour mills and elevator* today are paying $1.55 for No. 1 red winter wheat, $1.32 for No. 2 red ana $1.49 for No. 3 red.
Local Stock Exchange
—March 19— STOCKS. Bid. Ask. Indiana Ry. & Light Cos. co. 60 Indiana Ry. & Light Cos. pfd. 84 86 Indpls. & N. W. pfd 75 Indpis. & S. E. pfd 75 Indpls. St. liy 52 60 T. H.. T. & L. Cos. pfd 70 T. H., I. & E. com 2 6 T. 11., I. & E. pfd 10 19 City Service com 230 240 City Service pfd 66 67 U. T. of Ind. com U. T. of Ind. pfd 6 16 U. T. of Ind. 2d pfd 2 Advance-Kumely Cos. com ••• Advanoe-Rumely Cos. pfd ••• Am. Central Life 235 ... Am. Creosoting Cos. pfd 90 ... Belt R. R. com 60 66 Belt R. K. pfd 44 50 Ctntur.v Bldg. Cos. pfd 90 Citizens Gis Cos 28% 35 Dodge Mfg. Cos. pfd 91%' ... Home Brewing 6® Indiana Hotel com 51% ... Indiana Hotel pfd 90 ... Indiana Pipe Line ... Ind. Nat. Llife Ins. Cos 4% ... Ind. Title Guaranty 59 71 Indpls. Abattoir pfd Indpls. Gas 42% 50 Indpls. Tel. Cos. com 6 ... Indpls. Tel. Cos. nfd 89 Mer. Pub. Util. C'o. pfd 26% ... Nat. Motor Car Cos. pfd 6 10 Pub. Sav. Ins. Cos 2% ... IL<uh Fertilizer Cos. pfd * 45 Stand. Oil Cos. of Ind 68 Sterling Fire Ins. Cos 7% 9% Van Camp Hdw, pfd 90 Van Camp Pack, pfd 100 Van Camp Prods, Ist pfd 100 Van Camp Prods. 2d pfd 100 Vandalia Coal Cos. com 3% Vandulla Coal Cos. pfd..., 9% Wabash Ry. pfd 18% ... Wabash Ry. com 6% ... BONDS. Broad Ripple 3s 60 70 Citizens St. Uy. Cos 69 71 Ind. Coke & Gas 6s 100 Ind. Creek Coal A- Min. Cos. ... 100 Indpls., Coi. & So. 5s 88 Indpls. A Martlnsv. 5g 55 ... indpls. A North. 5s 42% 46 Indpls. A N. W. 5s 54% ... Indpls. A St. E. 5s 45 ... Indpls. Shel. A S. E. 5s 70 Indpls. St. Ry. 4s 60 65 Indpls. T. A‘T. 5s Kokomo, M A W. 5s 75 79 T 11., 1. A E. 5s 60 56 U. T. of Ind. 5s 51% 57 Citizens Gas Cos 73% 79 Indiana Hotel 2d 6s 91 Indpls. Gas 5s 72% 80 Indpls. L. & H. 5s 75 80 Indpls. Water 5a 87 90 Indpls.’ Water 4%s 69 75 Mer. Heat and Light 84 88 New Tel. Ist 6s 94 New Tel. L. I*. 5g 93% ... South. Ind. Power 6s 100 LIBERTY BONDS. Liberty first B%s 90.30 Liberty second 4s 86 60 Liberty first 4%s 87 20 Liberty second 4%s 86 80 87.10 Liberty third 4%s 90.00 Liberty fourth 4%s 86.98 87.18 Victory 3%s 96 96 Victory 4%8 96 90
On Commission Roio
TODAY’S PRICES. Apples—Missouri Jonathans, per bbl., $8; fancy Illinois Jonathan, per bbl., $7; extra fancy Grimes Golden, per bbl., $3.50@8; extra fancy Winesaps, per bbl., $9; Beil Flowers, per bbl., $5; Baldwins, per bbl., [email protected], Spies, per bbl., *6 Home Beauty, per bbl., $8; Malden Blush, per bbl., $5; Greenings, per bbl., $5.50; choice Jonathans, per bbl.. $6. Bananas Extra fancy high grade fruit, CO to 60 per bunch, per lb, B®B%c. Beans Michigan navy, in bags, per lb., 4%@3c; Colorado plntos. In bags, per lb., o@7c; California limns, In bags, per lb., B@9c; red kidneys, in bags, per lb„ 10® 10%c; California limas, in bugs, per lb., B@9< , California pink chill, in bags, per lie. 7@Sc. Beets—Fancy, now, per doz, bunches, tic. Beets—Fancy home-grown, per bu., $1.25. Cabbage—Fancy Texas, now, per lb., 3%0; fancy, old, per lb.. l%e. Carrots—Fancy home grown, per bu. 88c. Cuuiiflovrer —Fancy California, pei crate. $2.85. Celery- Fancy Florida, 3 doz. crate, pei crate. $3.25; fancy Florida, 4 5 doz. crate, per crate, $3.50; fancy Florida trimmed, per bbl., [email protected]. Cocoa nuts—Fancy, per doz., $1; per bag of 150. $7. Grapefruit— Extra fancy Florida, 46s and 545. box. $6.75; 645. 70s and 80s. box, $7; 965, box. 6; extra fancy Florida. Ind. Klver Orchid brand. 465. box. $4.50; 545, box, $5; 645. 70s and SOs. box. $3.50; 935, box, $5; fancy Floridas, 3t’>s, box, $3.50, G4s. box, $4.50; 64s and 70s, box. $5; 90s, box, $5. Kale—Fancy Eastern, per bbl, $2.29. Lemons—Extra fancy CaUXorniaß, 300s to 3605, box, $4.60. Lettuce —Fancy hothouse leaf, per lb, 23c; fancy hothouse leaf in barrel lots, per lb, 20c; fancy California Iceberg, per crate. $4.50 Onions Fancy Indiana yellow or red. per 100-lb, bags, $1.25; fancy Indiana white, per 100-lb. bags, $1.40; fancy Spanish, per large crate, $5 50. Oranges—California, all grades, $3.75® 4.75. Oyster Flant—Fanry, per doz, 50c. I'arßley—Fancy large Bikes, per doz., sl. Peppers—Fancy, small basket, 85c. I’le Plant—Fancy horn* grown, per bunch, 85c. Potatoes—Fancy Michigan and Wisconsin round whites, per 150-lb bag. $2 50; 5 or 10-lb bags, per bag. $2.40; fancy Idaho Gems, per bag, $2.50. Radishes—Button, targe bunches, per doz, $1.50; long red, per doz, 40c. Radishes—Long red, per doz, 35c. Hutabagoa—Fancy Canadian, per 50, $1.30. Shallots— Fancy, per doz, 80c. Spinach—Fancy, per bushel basket, $1.50. Strawberries—Fancy Louisiana, 24-pt crates, per crate, $6. Sweet Potatoes—Fnncy Eastern Jer seys, per hamper, $3: fancy Indiana Nancy Halls, per hamper, $2.25; fancy Indiana Jersey, per hamper, $2.50. Tomatoes—Fancy ripe. 6-lb basket. $1.50; fancy ripe, 6-basket crate, $8.60. Turnips—Fancy washed, per bu, $1.50; per crate, $2.
Weather
The following table allows the state of the weather at 7 a. in., March 19, as observed by U. S. weather bureaus; Station. Bar. Temp. Weather. IndiuniiPolls, Ind. . 29.98 57 Cloudy Atlanta, Ga 30.24 60 Cloudy Amarillo. Tex 29.62 48 PtCldy Bismarck, N. D. .. 29.72 34 Cloudy Boston, Mass 30.56 28 Clear Chicago, 111 29,50 60 PtCldy Cincinnati, 0 30.06 58 Cloudy Cleveland, 0 30.04 44 Clear Denver, Colo 29.42 44 Clear Dodge City, Kan. . 29.56 54 Clear Helena, Mont 29.70 32 Clear Jacksonville, Fla. . 30.22 68 Clenr Kansas City, Mo. . 29.58 68 Rain Louisville, Ky.-v.... 30.04 62 Cloudy Little Rock, Ark. . 20.96 61 Cloudy Los Angeles, Cal... 29.96 50 Clear Mobile, Ala 30.14 08 Cloudy New Orleans La. . 30.10 66 Cloudy New York, N. Y. .. 30.54 34 Clear Norfolk, Va 30.48 48 Clear Oklahoma C'lty .... 20.72 64 Cloudy Omaha. Neb 29.48 66 Clear Philadelphia, Pa. . 30.50 36 Cloudy Pittsburg, Pa 30.18 48 Clear Portland, Ore 30.16 40 PtCldy Rapid City, S. D... 29.60 44 Cloudy Roseburg, Ore. ... 30.28 38 Cloudy San Antonio, Tex. . 29.88 68 Cloudy San Francisco, Cal. 30.08 48 Clear St. Louis, Mo 29.86 68 PtCldy St. Paul, Minn. ... 29 46 52 Cloudy Tampa, Fla 30.20 64 Cloudy Washington, D. C.. 30.44 44 Clear WEATHER CONDITIONS. The Northwestern storm has moved southeastward and now extends from Lake Superior to the middle Rockiee and the Southwest Plateau. It has as yet caused but little precipitation in Its front, but considerably higher temperatures have overspread the region from the middle and upper Mississippi Valley to the AUeghonles; and while there has been a fall In temperature to the westward and northward, the readings In the latter section are sttU above the average for the season. J. H. ABJ4INOTON, Meteorologist, Weather Bureau.
Marriage Licenses Henry Reimers, Pittsburgh, Pa 33 Katherine Robinson, 119 W. Nineteenth 33 Ralph Bennett, 428 Kauffman place.... 22 Dorothy Stanley. 2112 English 20 George Payne, Anderson, Ind 35 Marie YVhitstone, 516 College 23 Edward Laycock, 715 E. McCarty 51 Minnie Johnson, 536 N. Illinois 47 George Snead, Indianapolis 46 Margaret Alien, 2147 College 35 Clarence Caldwell, Indianapolis 25 Olive McCurdy, 1250 S. Hardiug 23 Deaths Jack and Hazel Pierson, 1423 S. Meridian, girl. fcruee and Cora Fields, 2322 S. Pennsylvania, boy. Everett and Helena Graham, 5432 University, girl. George and Rosa Hohn, 118 S. Bradley, girl. Leo and Anna Roth, 927 N. Tuxedo, girl. John and Ollie McClain, 152 N. Blackford, boy. Lawrence and Elizabeth Kohlmeyer, St. Vincent's Hospital, boy. Harry and Lola Leap, 1936 W. Vermont, boy. George and Mabel Nicholson, Deaconess Hospital, girl. Lawrence and Hazel Blue, 842 Wright, girl. Coroden and Nelle Fightmaster, Methodist Hospital, girl. Russell and Esther Edwards, Methodist Hospital, girl. Alfred and Verla Buschmann, Methodist Hospital, girl. Alfred and Mary Ltndop, Methodist Hospital, boy. John and Myrtle Hardin, Methodist Hospital, girl. Clarence and Frances McAnally, Methodist Hospital, girl. William and Irene Macy, Methodist Hospital, girl. Burrell and Rebecca Wright, St. Vincent’s Hospital, girl. Carter and Gladys Eltzroth, St. Vincent’s Hospital, girl. Harold and Mildred Blank, St. Vincent's Hospital, girl. Charles and Ethel Clark, 1628 Villa, boy. Rrnest and Edith Spickelmier, 3110 McPherson, girl. I’lury and Bertha Miller, 2441 E. Michigan, boy. Irving and Helen Vogelsong, 608 Middle drive. Woodruff Place, boy. Carl and Margaret Hansing, 2126 Orleans. girl. Watt and Louise Pugh, 1446 Fairfield, girl. Clifford and Iva Robbins, 1131 Edison, girl. George and Virginia Lewis. 234 Douglas. girl. John and Nelllo Frye, 1240% Oliver, bov. fcverett and Opal Poynter, 542 S. Missouri, girl. Henry and Amy Fitzwater, 1039 W. Twenty-Seventh, girl. Edward and Baertha Carroll, 1116 Churchman, boy. Edward and Pearl Shipman, 1137 N. Temple, girl. Births Infant Beecher, 1 day, 912 Broadway, premature birth. Amelia Parent, 52, Centra! Indiana Hos pltal, chronic myocarditis. Infant Spalding, 5 hours, 1115 W. Fifteenth. noclosure foramen ovale. Alice Spahr, 57, Methodist Hospital, embolism. Kenneth Leroy Bohman. 1. 465 W. Thirty-First,' broncho pneumonin. Francis Lindop, 3 days. Methodist Hospital, cerebral embolism. Mary L. Clevenger, 44, 1644 N. Talbott, carcinoma. Belle Schmidt, 55, 903 N. Delawafe. carcinoma. Henry Keath, 84, city hospital, arterlo sclerosis, PURE BRED HOGS PAY IN PIGS Opportunity for very farmer to own pure bred hogs on production basis offered bv largest pure bred live stock organization in the world. Address or call for full particulars GOSSARD BREEDING ESTATES MARTINSVILLE, INI.
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Scores France for Suffrage Attitude PARIS, March 19.—0n the occasion of its fiftieth anniversary the French League for the Rights of Women publishes a book called “Fifty Years of Feminism.” It carries a prelude by ex-President Raymond Poincare in which the latter, addressing Madame Maria Verone, president of the league, says: “You know that I am for the rights of women. Is it not rather humiliating for France to see other countries grad-i ually according women their rights of suffrage while here nothing has been done in the matter?” V-Neck Dresses Held Conducive to Health LANSING, Mich., March 19.—At last—a real, honest-to-goodness argument for woman's low-cut gown. Instead of inviting pneumonia, it is a positive aid in living the hygienic life. Dr. William De Klelne, president of the Michigan Anti-Tuberculosis Society,
NotMng Is Really Lost as long as there is a possibility of locating it; surely not until every effort has been made in that direction. Certainly you would not think of giving up a purse, a handbag, a suitcase, an automobile tire or any other valuable article without putting a little “Lost” ad in the Indiana Daily Times Just Call Main 3500, Auto. 28-351.
says that the V-neck dress which women wear makes the fair sex more immune from tuberculosis than men who keep their chests and throats carefully covered, right tip to the chin. The history of cases show more men fall victims t® the white plague than women. WHOLESALE FEED PRICES. Ton. Cwt. Acme bran $32.00 $1.65 Acme feed 33.00 1.70 Acde middlings 35.00 1.80 Acnfi dairy feed 43.50 2.20 E-Z dally feed 33.75 1.75 Acme H. A M.. 35.00 1.80 Acme stock feed 26.25 1.35 Cracked corn 33.25 1.70 Acme chick feed 43.25 2.20 Acme scratch 39.25 2.00 E-Z scratch 37,00 1.90 Acre dry mash 45.00 2.30 Acme hog feed 41.50 2.10 Ground barley 43.25 2.20 Homlick white 28.00 1.45 Rolley barley 43.25 2.20 Allalfa moll 38.50 1.95 Cottonseed meal 40.00 2.05 Linseed oil meal.. 50.00 2.55 Acme chick mash 49.00 2.50 Acme red dog 44.00 2.23 FLOUR AND MEAL. E-Z bake bakers’ flour in 98-lb cotton bags $9.95 Corn meal in 100-lb cotton bag3 2.00
EDDIE ASH Edits The Times * sporting page.
KIDDIES’ BEDTIME STORIES “Puss in Boots, Jr.” by David Cory.
‘BRINGING- UP FATHER* Greatest comic of them all, will give you a daily laugh.
THE HOROSCOPE Another interesting feature appearing daily.
THE HASKIN LETTER Gives wider information on topics than can be furnished by ordinary news dispatches.
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