Indianapolis Times, Volume 34, Number 125, Indianapolis, Marion County, 5 October 1921 — Page 10
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OILS, COPPERS SHOW GAIN AND THEN RECEDE Advance in Crude Oil Most Important Development of Market. MORE PRODUCTION NEED Special to Indiana Daily Times and Philadelphia Public Ledger. BY MONITOR. NEW YORK, Oct. s.—lrregularity with marked examples of strength and weakness featured Tuesday's session of the stock market. The outstanding instance of strength was furnished by the stock of the Kresge Stores, which surprised its holders by the declaration of a stock dividend cf 04 per cent in addition to the regular cash dividends on the preferred and common. An advance of 12 points greeted the announcement. Further weakness developed in the common and preferred shares of American sugar, with the latter registering a net lose of 7 points. Short sellers have been active in these issues on the theory that the financial postion of the company would not justify the maintenance of the preferred dividend. The rest of the market furnished more or less backing and filling. Oils and coppers showed a good deal of activity in the earlier part of the session, only to be followed by a reaction on profit taking. The rails then wore taken in hand and considerable activity made its appearance In Reading. Texas and Pacific, Rock Island, Missouri Pacific preferred. St. Paul and Northern Pacific. The upward movement was rather shortlived, although in some cases net gains were recorded. From the standpoint of general news bearing on the market, further ad vances In crude oil proi„yly constituted the most important development of the day. While there is a disposition to believe that these advances have been made partly to counteract the disparity between crude and refined prices, it is equally probable that certain large refining interests that have felt the loss of Mexican importations are bidding in an effort to obtain a larger share of domestic production.—Copyright, 1021, by Public Ledger Company. CHARGE FRAUDIN OIL STOCK DEAL Stockholders of Oil Company Ask Judgment. Legal action resulting from the alleged fraudulent transfer of stock of the Iroquois Petroleum Company of Indianapolis for stock in the lllack Panther Oil and Refining Corporation, has been instituted In Superior Court, Room 5, by Herbert V. List and sixteen <other stockholders of the Iroquois company for the purpose of preventing any transfer or disposition of the Tanthor stock and also for $20,000. The action is directed against Thomas E. Griutdade of the Iroquois company; Walter Strong, a director of the Iroquois company; J. Everett Jones, president of the Service Oil and Refining Company at Kokomo, James G. Copple, secretary and treasurer of the Service company, anil E. M. Laffler. It is alleged that certain purported fraudulent representations were made on (he part of defendants as the result of an alleged conspiracy by which stock of the Iroquois Company was transferred for 3.1560 shares of Black Panther stock, which was worth only $lO a share and did not compare to the value of the Iroquois stock. Following-' this transfer the Iroquois Company was operated by the Service Oil Refining Company under the name of the Iroquois Petroleum Company until Sept. 15 of this year. It is alleged in the suit that at the time of the transfer the Service Oil Refining Company was Insolvent. j | In the Cotton Market NEW YORK. Oct. 5.- Offerings were liberal at the opening of the cotton market today and prices dropped 7 to 31 points on first sales. Th.-rc was further pressure from the South, stop loss selling. and offerings from Liverpool interest. The demand came mainly from shorts and operators who were replacing sales made at higher places. At the end of fifteen minutes’ trading nervousness was in evidence and the list was about 30 points net lower. New York opening cotton prices: October, 20.05 e: December, 20c; January, 19.75 c; March. 19.00 c: May, 19.47; Julv, IS/Joc; September. 38.15 c. LIVERPOOL, Oct. s.—Spot cotton was in good demand at the beginning of business 'here today. Prices were easier and sales around 12.0C0 bales. American middlings, fair. 17.29-1; good middlings, 15.49d; middlings. 14.996; low middlings, 14.34d; good ordinary, 12.34d; good ordinary, 12.19dordinary, 11.44d, Futures were easy in initial trade. Weather The following table shows the state of the weather at 7 a. m.. Oct. 5. as oLserved by U. S. Weather Bureaus: Station. Bar. Temp. Weather. Indianapolis, lud... 30.17 4i Clear Atlanta, Ga 39.20 46 Clear Amarillo, Texas... 30.02 54 Clear Bismarck. N. D... 30. Pi 40 Clear Boston, Mass 29.04 50 PtCldy Chicago, 111 30.08 40 t'lear Cincinnati, Ohio ... 30.20 42 Clear Cleveland. Ohio 30.00 40 PtCldy Denver, Colo 29.98 54 Clear Dodge City, Kan.. 30.04 .\l Clear Helena, Mont 3002 44 PtCldy Jacksonville, Fla. .. 30.10 5*5 Clear Kansas City, Mo.. 30.10 50 Clear Louisville. Ky 30.22 42 Clear Little Rock. Ark.. 30.20 52 Clear Los Angeles, Cal... 29.90 on Rain Mobile, Ala 30.10 58 Clear New Orleans, La.. 30.12 04 Clear New York. N. Y... 29.70 52 PtCldy Norfolk, Va 30.02 5o Clear Oklahoma City 30.08 58 Clear Omaha. Neb 30.00 48 Clear Philadelphia, Pa. .. 29.80 52 PtCldy Pittsbuigh. Pa. ... 30.08 44 Clear Portland, Oie 30.08 52 dear Rapid City, S. D... 30.04 v 40 PtCldy Roseaurg. Ore 30.00 44 Clear San Antonio, Texas. 30.12 tin Clear San Francisco. Cal. 29.98 50 Cloudy St. Louis, Mo 30.18 s*l Clear' St. Paul. Minn 29.88 48 Clear Tampa, Fla 30.04 60 Cloudy Washington, D. C... 29.98 02 Clear WEATHER CONDITIONS. The cool wave is pow passing across the southeastern States, w here temperatures considerably below normal prevail. Frosts occurred last night from the -Great Lakes to Tennessee. It is a little warmer over the upper Mississippi Valley and adjoining sections, hut temperatures have fallen again over the far northwest, where u few readings slightly below freezing are reported this morning. The weather has heen generally fair in most sections, except for a few showers ia scattered areas. J. ft. Alt MING TON, Meteorologist, Weather Bureau. KENYON oTJI.L UNDECIDED. WASHINGTON. Oct. s.—Senator Kenyon, Republican et lowa, will not decidj for at least two days ;et, as to whether he will retire from the Senate to accept President Harding's offer to appoint him Federal Judge for the Northern lowa dishe said today.
Markets Incomplete Due to the congestion of press wires with the world's series net's it will be itnpossibie to get late markets today and the remaining days of the series. V N. Y. Stock Exchange - Oct. 5 Prev. High. Low. Close, close. Allied Client 45% 45% 45% , 40% Ajax Rubber... 23 21% 21% 23 AUis-Chalmers.. 33% 33% 33% 35% Am. Agri 35% 35 33 2 35% Am. B. Sugar... 27 27 27 20% Am. C. Fdry... 128% 128% 128% 120% Am. Can 27% 27% 27% 27% Am.II. & L.pfd. 50% 50 50 51 Am. Ice 60 60 60 03 Am. Inter. Corp. >32% 52% 32% Am. Linseed .. 22% 22% 22% 23 Am. Locomotive 89% 89 89 83% Am. S. A Ref. 3.8% 57.% 375; 35% Am. S. Kef 54% 53% 53% 54% A. Stuna T. Cos. 39% 38% 39% 89 Am. S. Found.. 25 24 % 24% 25 Am. T. A T... 107% 107% 107% 107% Am. Tobacco... 123 125 125 Am. Woolen ... 75 74% 74% 75% Am. Zinc A L.. 10 40 10 . .iT An. Min. Cos. .41 40% 40% Atchison 80% 86% 80% 80% At. Gulf AW.I. 27 20% 26% 27% Bald. Loco 86% 86% 80% 80% B. A 0 88% 88 38 38% Beth. Steel ( By 55% 55% 53% 55% I!. Rap. Trans. 7% 7% 7% 7% Can. Pac. Ky. .113% 113% 118% 113% Central 1 28% 27% 27% 28% Chandler Motors‘42 41% 41% 42% C. A 0 55% 55% 65% 50% C„ M.-A St. P. 24% 25'.. 25% 25% CMASt P. pfd 40% 89% 40% 89% Chi. ANw 70 09% 70 70 C.. R. 1. A 1'... 34% 32% 52% 5,4% CRI & P o'% pf. 08% 68% 08% 67% C It I A P 7'c pf. 80 80 80 ..... Chili Copper... 12 11% 12 11% California Pete. 38% 38% 38% 38% Chino Copper... 25% 25% 25% 25% Coca Cola 85% 35% 33% 33% Colum. Gas 61 00% 00% 60% Coluiu. Graph.. 4% 4% 4% 4% Consol. Gas.... 91 89% 91 89% Contin. Can 46 45% 45% 15 Cosden Oil ".. 27% 26% 20% 27% Corn Products.. 70% 70 70 70% Crucible Steel... 03 02% 02% 03% Cub. Ain. Sug.. 12 ll' 11 11% Cane Sug 0% 0% 0% 0% Del. A Lack... 107'. 106% 100% Jos * Kndicott 04 'A 04% 04% 04% Erie 13% 13% 13% 13% Erie Ist pfd. ... 19% 19% 19% 19 'A Famous l’lvs 50% 54 55 % 55*8 Fisk Rub. Cos 11% 11 11 11% Gen. Asphalt.... 53% 51% 52 53% Gen. Cigars 00 59% Oil 59 Gen. Electric.... 125'% 125 125 120 Gen. Motors .. 10 9% 10 10 Goodrich ' 31% Gt. North, pfd. 74% 74% 74% 75 Gt. North. Ore 28% 28 28 .... Girts S. Steel.. 30 5.9 5.9 Houston 0i1.... 58 50 50 58 Illinois Central. 95% 95% 95% 95% Inspir. Ripper.. 35% 35% 35% 32% Indtnhoma 33 5,3 Inviifcible Oil.. 12 11% 11% 11% inter. Harvester. 78% 70% 77 79% Int. Nickel ... 14 11 15 18% Inter. Paper .. 48*a 17% 47", 48% I. Oil A: T. ... 2% 2% 2% 2% K. C. South. . 20% 25% 25% 25% K. Spring T. .42 41% 41% 42 Kenn. Copper... 21% 21 21 21% Lack. Steel 41'-.. 41%. 11 % 41% Lehigh Yal 58% 57% 57% 57% Le Tire 28 20% 28 20% Loews. Inc 13% 13% 13% 13% L. A N 108 108 308 JlO Marine pfd'. 45% 45% 45% 46 May Stores 85 84 85 85% .Mont-Ward .... 18 IS S 18% Mexican Pete... 100 94% 95 100% Miami Copper.. 22% 24% 21% 22% Mid. Sts. Oil .. 13% 12% 12%. 15. Midvale Steel... 25% 21% 24% 25% Mo. Pacific 20 39% 39% 20 Mo. Pac. pfd 42 41% 41% 42 Nat. Ell. A Stp. 89% 39 39% 88 j Nev. Con. Cop.. 12 11% 11% 12% N. Y. Central... 73% 72% 73% 72% New Haven 14% 34% 14% 14% Norf. A West... 90 96 96 North. Pacific... 77% 76% 70% 77 o. P. A It. Cos. 28 2 % 2% 2% Pac. Oil 37% 87% 87% 37% P. Am. 1’ 46% 41% 41% 47 Penna. Ky :;7% 30% .% .".0% 1 ‘ebpie's lias .. 52% 51% .51% 51% I'. Arrow 10% 9% in 10% P. Marquette .. 20% 19% 19% 20 Pittsburgh C 59 58% .58% 00% I’. Steel C. .. 58% 58 58 58% P. Pal Car .. 93% 92% 92% 92% lan Oil 26% 20% 26% 27 Reading 72% 71% 71 % 72% ltep. 1. A S 52% 51% 51% 52% ltoy. D. of N. Y. 46% 45% 45% 44% fy-as - Roebuck... 70% 68 68 09% Sincalir 20% 20% 20% 20% Sloss-Siif S. A 1.87% 87% 37% 87% Southern Pacific 79% 7 V >% 78% 79% Southern Uy 20% 20% 20 % 20% St. 1,. A S.W.Ry. 23% 23% 23% 28% Std. Oil of N. .1.143% 112 142 112 . St.l,. A S.F.coiu. 23% 23% 28% 28% Stromlierg Curb 29% 29% 29% Studebaker .... 72% 71% 72% 72% Tenn. Copper .. 8 7% 7% 8 Texas Cos 37% 36% 37 37', Texas A Pac. .. 23 23% 23% 22% Tob. Prod 63% 63% 63% 04 Trans. Oil 8% 8% Bk. 8% T'nion Oil 18 17k' 17% 18% Union Pac. ... 122% 121% 121% 122% Unit. Ret. Store 52% 51 51 51k. IT. S. Food CoTp. 12% 12 12% 12% United Fruit C 0.109% 108% 109 309% United Drug 59% 59 59 59 U. S. Did. Alco. 44 43% It 41 S. Rubber... 48% 48 4s 49 I'. S. Steel 79% 78% 78% 79% I'. S. Stafl pfd.lll 119% 310% 1101.3 Utah Copper.... 52% 51%. 51% 51 % Vanadium Steel. 31% 30% 30% 31% Vir-Car. Chern. 30 30 80 29 % Wabash 7% 7% 7% .... Wabash Ist p... 21% 29% 20% 21% W. Maryland.. 9% 9% 9% 9% West. Union .. 85 84 84% 84 Westing. Elee... 4.5 44% 44% 45% White Motors.. 84 84 84 38% White Motors... 0 5% 5% 0 W-Overland ... 34 34 34 35 •Worth. Pump. 39% 89% 39% 40% While Oil 10 9% 9% 10 •Ex-dividend. SPECIAL FILMS FOR RILEY DAY Photoplay Indorsers Plan to Entertain Children. Mrs. Walter Geisel, chairman of the Ways and Means committee of the Indiana Endorsers of Photoplays, lias arranged for a special children matinee in honor of the birthday of James Whitcomb Riley to'be given on Thursday and Friday afternoon at different theaters. The film which is ‘‘Little Orphant Annie,” will be shown at the Garrick theater on Thursday aftenoon at 3:30 o'clock and on Friday at the Stratford at that time. The hostesses for the .Tames Whitcomb Riley school will lie Mrs. Myron itinker. Mrs. Gilbert George and Miss Nell Green. At school No. 00. the hostesses are to be Mrs. W. C. Harrison, Miss Mary Ray and Mrs. James Ogden. School No. 70 will have Airs. C. B. Williams and Mrs. Curl Fletcher as hostesses At school No. 29. Mrs. M. E. Robins, drs. C. 11. Hodges. Miss Altliine Darnell and Mrs. F. 1,. Erlwood will act as hostesses* for school No. 45, and at No. 27 Mrs. Charles A. Brown. Mrs. TV. E. T.vtis and Miss Zella O’Hair will have that duty. At No. 10 Mrs. ,T. ,T. Zoeloker. Mrs. D. Y. Byrkit and Miss Beile Ramey will be the hostesses. Out of about forty pictures reviewed by the indorsers lart month, twenty-six were indorsed and of these the following received special mention, ‘'The Old Nest." “Courage.” ‘‘Aft#r tlie Show,” “Experience.” "The Highest Law.” “Over the Hill.” “An Unwilling Hero,” “Way Down East” and “The Affairs of Anatol.” Shackletoivs Ship Damaged in Storm LISBON, Oct. s.—Sir Ernest Shackleton's tiny steamship the Quest, in which he had started on a three-year voyage of South Polar exploration, and which signaled for help during a severe storm off the Cape Rocks yesterday, put int* this port today. Her rigging was found to have been badly strained by the terrific gales and the steamship's engines were also in need of repair. The proposed expedition will be interrupted but a short while,
OIL ISSUES ARE HEAVIEST LOSERS Leading Issues Fractionally Lower in Initial Trade,-" ! NEW YORK, Oet. s.—The stock market continued under pressure at the opening today, leading issues yielding from fractions to over 1 point. The oils sustained the heavy losses, j Mexican Petroleum dropping 1% points to 99% and Pan-American Petroleum 8 I points' to 40. General Asphalt sustained 1 a loss of over 1 point, falling to 52%. American Sugar Refining was in supply, declining over 1 point to anew low record of 53%. Steel common shaded off slightly. The other steel shares and rails were fractionally lower. ! Price movement turned irregular in the ! late forenoon, many specialities being j under pressure, while the rails made modjerate improvement and the coppers ■ showed a firm tony. | Pierce-Arrow dropped to anew low at 21. Kresge recovered over 3 points. TWENTY STOCKS AVERAGE. NEW YORK, Oct. s.—Twenty industrial stocks Tuesday averaged 70.95, off .60 per cent. Twenty active rails averaged 74.06, off .32 per cent. • ~ i Money and Exchange j Indianapolis bank clearings Wednesday were $2,606,000, against $2,593,000 for I Wednesday of last week. NEW YORK, Oet. s.—The foreign exchange market opened strong today, with demand sterling %c higher at $3.75%. Francs rose 3 cents to 7.15 c for cables and 7.14 c for checks. Li res rose I point to 8.98%c for cables and 3.97%e for checks. Belgian franc cables were 2%e I higher to 7445 c for cables and 7.04 c for j cheeks. Marks yielded 1 point to .9079 1 y. j Guilder tallies were 52.25 c; checks. 32.23 c 1 Swedish cables were 22.59 c; checks, 22.45 c. | Norway kronen cables were 12.00 c; | checks. 12.00 c. Denmark kronen cables j were IS.COe; checks, 18.55 c. MOTOR SECURITIES. (By Thomson & McKinnon.) —Oct. 5 —Closing— Bill. Ask Briscoe - in 16% Packard com 4 5% I I’ackani pfd 58b, : Peerless 39 89% • Continental Motors com 4% 5 | Hupp com 19% 11% | International Motor com 29 3t j National Motors 2 • 3 ! Paige Motors 12 | Republic Truck 10% ACTIVE OIL STOCKS. (By Thomson A McKinnon) —Oct. 5 —OpeningBid. Ask. i Anglo-American Oil 15 15% j Atlantic Refining 7% 8 i lloriie-Scrymser 325 859 .Buckeye Pipe Line 80 S2 Chesebrough M f g. Cons 145 155 Continental Oil. Colorado ....108 11; Cosden Oil and tins 5 •; Crescent Pipe Line 26 27 Cumberland Pipe Line 1211 125 Elk Basin Pete 0 o'. Eureka Pip* Line 72 75 Galena Signal Oil, l’ref 8.1 85 Galena-Signal Oil, coin 34 86 Illinois Pipe Line loi* 170 Indiana Pipe Line 86 82 Merritt OiC 71; n ' Midwest Oil 2% 3 Midwest Rfg J 46 ‘ jq | National Transit 20 28 rNew York Transit 1 ;s i:._* . North, rn Pipe Line *4 8s Ohio OH 2.38 242 I Oklahoma p. & k 4% 413 1 eun.-Mex is 20 ; Prairi* Oil and Gas 5,10 526 I rairie Pipe Line 194 lys ! Supuipa Refg :,% ;y Solar Ri fining 350 ' 370 I South Penn Oil y . . iss jjj*, . Southwest Penn. Pipe Lines. 52 55 Standard Oil ('••. , r In,) 701., Standard oil c„. „f Kan. .7.565 smi Standard oil Cos. of Neb.... 115 i\q ‘Standard oil Cos. of \. \ ...337 ; ;1 ,, i stndard oil Cos. ~f Ohio iso I Swan A Finch jjq Vacuum till 265 275 Washington Oil 25 "hit NEW YORK (I Kll .MARKET. •By Thomson A McKinnon.) —Oct. 5. —Closing—--1,, . , Bid Ask • urns Aero, com 3% j,, I Curtis Aero, pfd % 30 pj J i First National Copper 79 mi [•Goldfield Con 7, 7 I Havana Tobacco ", ] 3:, Havana Tobacco pfd 4 1; -Marlin Perry 1 3, | Jumbo Extension 3 , * lint. Petroleum it 111 Nipissing, 5% 5% * Standard Motors ;;a, 4 , 1 I Sinclair Gulf oil lib, 11 ! ! Salt 1 reek jaj in, ‘ Touopah Extension 1% jx* I Tnnnpah Mining 31 j 7,-10 Unite,’. P. S. nc>. 1% 3 7 | F. S. Light ami licit 31,. 3:: ■ Yukon Gold Mine Cos ] % 3*. J Jerome 22 21 I’nited Verde 27 •% I Sequoynh ;j * ;i Omar oil .' <lO *>,; ltep. Tire 37 Acme Fkg ' 3 *3, I flip. Oil | 717 Texas Chief r, ,
Local Curb Market (By Newton Todd.J —Oct. 5 , , Bid Ask American Ilominy com jg Brazil Sterling 4% 37% 38ix Burdick Tire and Rubber... 1 2 Central and Coast Oil iu ju Choate Oil Coru \ ’/£ Columbian Fire Ins, Cv*. .... 6 7n [Comet Alll% j% oft i Dayton Rubber Du/l- Cl 7() Puesenberg Motor com in t Elgin Motor Car 3% ’5 Federal Fin. Cos. pfd 74 g.j Fed. Fin. Cos. com j_>;; ];{•; Gt. Sou. I’rod. X Kef. Units. 5% (j% Haynes Motor com iih * Hurst. & C0.,-pfd 42 * fJ2 [Hurst & C 0.,, c0m...,. x 2 Indiana National auk 260 270 ! Indiana Rural Credits .49 ”ii 2 I Indpls. Securities pro 1% 2% [Metro. 5-50 c Stores com 11% 15% Metro. 5-50 c Stores pfd c„ 35, Revere Motors y, 1. Itub-Tex Units 17 20% Stato Savings X Trust Cos 89 93 Stcvens-Duryea Units ....). 55 ti 4 U. S. Automotive. Units 9C 105 U. o. Mtg. Cos. Units 165 175 Boy Found Hanging in Closet Is Buried CHICAGO, Oct. 5. While funeral services were being held today for Samuel Buffington, high school boy, 11, who was found hanging in a closet of his home Sunday, the coroner's office and tlie police renewed their investigation into the boy's death. Although still puzzled by the circumstances surrounding the boy’s death the police are beginning to hold foremost tlie belief that (lie boy elided Ids own life, either accidentally or purposely. Thieves Get Jewelry by Smashing Window Special to The Times. ANDERSON, lud., Oct. 5. —Using a padded brick, robbers broke the plate glass window of the Ebann & Olson jewelry store iu the main business 'section of Anderson early today and stoic S6OO worth of diamond rings and other jewelry. The robbery oeeurred while police officers were changing shifts anil tlie crash was heard by a number of persons. The thieves escaped. SENATE ON RELIEF Bll.fi. WASHINGTON, Oct. s.—The Senate Interstate Commerce Committee will take up the Adminis,ration’s relief bill at a meeting Friday, S uator Cummins announced today.
INDIANA DAiJLY TIMES, WEDNESDAY, OCTOBER 5, 1921.
York Bonds — J (By Thomson A McKinnon) FOREIGN GOVERNMENT BONDS. —Oct. 5 t Bid. Ask. Arg. (Unlisted) ss, Sep. 1,’45. 63 66 Belgian 6s, Jan. 1, ’25 95 95% Belgian 7%5. June 1, ’45 166% 161% Belgian Bs. Feb, 1, '4l 100 110% ! Berne Ss, Nov. 1, '456 100% 161% | Chile Bs, Feb. 1. ’4l 08% 98% I Chinese (Iluk. Ky.) ss, .Die.'sl 46% 47% Christiania Bs, Oct. 1, ’45 106% 164 Copenhagen 5%5, July 1, ’44.. 79% 80% Danish Mini. Bs. Feb. 1, ’46...102 102% Denmark Bs. Oct. 15, ’45 103 103% •Canadian 5%5, Dec. 1, ’22... 89% 90% •Canadian 5%5, Nov. 1, ’23.. 88% 80% •Canadian 5%5, Nov. 1, '24.... 89% 88% •Canadian Os, Dec. 1, ’23 85% 87 Canadian ss, Apr. 1, ’26 93% 94% •Canadian 5%5, Dec. 1, ’27.... 87% 88% Canadian 5%5, Aug. 1, ’.29 94 94% Canadian ss, Apr. 1, ’Bl 92% 93 •Canadian ss. Oct 1, ’3l 83 84% •Canadian 5%5, Nov. 1, '33... 87% 89 •Canadian 5%5, Nov. 1. '34.... 85% 86% Canadian Os. Mch. 1, ’37 89 % 90 •Canadian -% s, Dec. 1, 37... 89 89% •French (Vkt.) ss, l’t., ’31... 55 57 •French 4", Opt., "43 45 47 •French (pram.) ss. issue ’2O. 65 67 •French Bs, Opt., '3l 65 67 French Is. Si pf. 13, '45 99% 99% •Italian iTreas.) ss, Ap. 1, 25 37% 89% •Italian (War) 5s 29% 81% •Jap. (First) 4%5, Fell. 15, '25 81% 85% .Tail. (Second) 4%5, Jui. 10, '25 84% 85% .Tap. 4s, Jan. 1, ’3l 68% 69 Norway Bs. Oct. 1; '4O 106% 167 Russian 6%5, June 18. '19.... 14 16 Russian 5%5. Dec. 1, '2l 18% 15% •Russian 5%5, Fob. 14, '26... 3 6 Sao Paulo Bs, Jan. 1. '36.... 97 97% Swedish 6s. June 15, ’3O 88% 89% Swiss 5%5, Aug. 1. ’29: 89 % 89% Swiss Bs. July 1, ‘46 106% 167 F. K. 5%t, Nov. t, '22 98% 98% I'. K. 5%5, Aug. 1, ’29 96b. 90% U. K. o'.s, Feb. 1. ’37 '. 89% 90 •I . K. (Vic.) ss, issue T9....277 288 •l \ K. (VVr. 1,n.l ss, Oe. 1. '22 374 386 *U. lv (Wr Ln.) ss, Feb. 1, '29 366 376 Zurich Bs, Oct. 15, 45 101% 162 •Internal Loans. COIUPORATION BONDS. Bid. Ask. Alum. Cos. A. 7s, Nov.. ’25.... 99% 99% A. Cotton Oil t,s. Sept. 2, ’24 90 90% Amer. Tel. 6s, Oct., ’22 99% 99% A tuer. Tel. 6s, Feb , '24 98% 98% Aim r. Thread (is, Dec., '28... 97% 97% Amer. Tob. 7s, Nov., ’22 100% 101% Amer. Tob. 7s, Nov., ’23 161 101% Anaconda tis, Jan., ’29 fin 96% Anaconda 7s, Jan., ’29 94 % 95% Anglu-A. Oil 7%x. Apri.. '25 161% 101% Armour 7s, July 15. '36 99% 166% Atlantic ltef %s, Mt 11.. '3l 102 Vi 1"3 Bell 'i'ei. of Can. 7s, Apr . ’25 Us 08b. Beth. Steel Ts, July 15, '22.. 98% 98% Beth. Steel 7s, July 15, ’23.. 85 86 Cent. Arg. Ky. 6i, Feb, '27.. 96 % 99% t'erro tie Pasco Bs. Jan. '31.. 98% 98% R. I. A I*. 6s. Fell.. '22 99% 99% Cm. Gas Bs, Dec., '2l too 100'% Copper Exp Bs, Feb. 15, ’22 166% 161 Copper Exp. Bs, Fell. 15, '23.. 101 101% Goppcr Exp Bs. Fell. 15, '2l 161 a; 161% Copper Exp. Bs. Feb. 15. 25. .162 162%, Cudahy 7s, July 15, '23 99% ion l’td. Sugar 6s. Nov.. ’24 96% 90% Goodrich 7s, Apr.. '25 94% 94•% Gulf oil Os, July, ’23 '.is fls% Gulf Oil 7s. Feb.. 'BB 96% 96% Hocking Val. 6s. Mch.. '24 ... 65% 90% Humble Oil 7s. Mch. 15. '23 . 97% 67% Int. it T. 7s. Sept.. '2l 76 81 K. Term os, Nov. 15, '23.. 68% 98% Kenn. Copper 7s. Feb.. '30.. !i5 95% Laclede Gas 7-. Jan., '29. .. 93% 94 Rig A Myers os, De.\, ’21...100 100% Proctor A G. 7s, Mch., '22... 166',i 100% I roetor A G 7s. Mch . '23 . ,lno*i 161% Puli. Sr. N. J. 7s, Mch.. '22.. 95% 96% R. J. Heynolds os, A11'22. .160 RK)% Sears Ifoid.uck 7s, Oct. 15, '2t 99% 100% S. Ro.-tiuck 7s, (let. 15. *22 08% 99 Scars ICII -buck 7s, (>-t. 15. '23 97% iiS Sinclair 7 1 s, May 15, 25 ... 95 •;{:% S'nlvay A t'ie .ss,'<■!.. 27 ... 'Bl% Jiiii% Sfmtlicrn Kv. Os, Mch.. 22 .. 98% 9.5% S. W Bell T 4 7s. Apr.. ’23... sis ‘ s % Stand, "il (Cal.) 7s. Jan, 1 04% 165 S. tbl IN. 5.1 7s, Jan, '25-01 102% 16(1 St. I*, r. 11. 5%5, Dec. 15, "23 97% 08% Swift 7s. Oct. 13. 2-5 ‘6% 160% Texas Cos. 7s. Mch. 1. '2O 1(6 160% Utah Sec. os. Sept. 15. '22. . 93% <V!% Waltiiam Wateli 6s. .Vug., 24. 78 :r2 Western El. 7s. Apr '25.. 16(1% 101 % Wesliliglioiise 7s. May, 31 ..lirg% M3 Local Slock Exchange —Oct. 5 .STOCK*). Ind By. A I.ight c0m...... 60 Ind. Ky. A Light pfd 75 I ndpla ,v 8. E pfd 75 I Indpis. A N. s\'. pfd 7,5 ‘ .. | indpls. Sr. By 35 '4l T. II I:-A L pfd i T. H. I A E. pfd ‘ir, I T. H. I. A F. com ’ 5 T. 11. I A E. pfd U. T. of 1 nd. com * ’ j i’, T. of Ind. Ist pfd 7 t". T. of Ind 2d pfd ... 2 Advance-ifutnlcy com Advance-Ituinley pfa )* Am f'entral Life "" Am. ('reselling pfd fli% •Beit if. If. com 54 mb, •Belt if. If. pfd 42'% 50 Century Bldg. Cos. pfd 91 Citizens (las Cos "3 .71;, Dodge Mfg. Cos. pfd * Home Brewing 52 .... ind. Hotel corn 50 Ind. Hotel pfd 93 Ind. Nat. Life Ins. Cos 0% .... Ind. Title Guaranty Cos : 50 .... Ind. Pipe Lines 7S 84 Indpls. Abattoir pfd 42% 50 Indpls. Gas 42% 50 Indpls. Tel. Cos. com 2 Indpls. Tel. Cos. pfd 90 Mer. Pub. Util, pfd 41 so Nat. Motor Car Cos 7 Pub. Sav. Ins. Cos 4 .... Ranh Fertilizer pfd 40 .... Stand. <6l of Indiana 72 74 Sterling Fire iris Cos 0 8 Van Camp Jldw. pfd 90 100 Van Camp Prods. Ist. pfd 100 Van Camp I’rod. 2d pfd 100 Vandalia Coal Cos. com 5 Vanndlin Goal Go. pfd 5 10 Wabash Ky Com Wabnsli lty. pfd 20 24 BONDS. Broad Ripple 5s 50 Citizens St. Ky. 5s ua Indian Creek Coal & Mine 100 Indpls. c. A South 5s 88% .... Indpls. A Martinsville 55.... 48 .... Indpls. Northern 5s 4o Js* Indpls. A N. W. 5s 49 .... Indpls. A S. E. 5a 45 Indpls. A S. E. 5s 74) Indpls. St. Uy. 4s 47 57 Indpls. T. A T. 5s 68 ... Ind. Coke and Gas 6s ... 03 T. 11. I. A E. 5s F. T. of Ind. (is 4 4 51 G'tizens tins Cos. 5s 7 4 80 Indpls. Gas 5s 71 77 Kokomo, M. A W. 5s 77 ... Ind. Hotel Cos. 2d 6s 93% ... Indpls. I.iglit. A I lent 5s 74 SO Indpls. Water 4%s 66% ... indpls. Water 5s ss 91 Mcli. If. A h. 5s ss .... New Tel. Ist 6s 94 New Tel. 1,. D. 5a 93% ... Son. Ind. Power 5s .... 90% •Ex-dividend LIBERTY IIONDB. Liberty first B%s 88.00 89.1(1 Liberty first 4%s 91.68 91.5.8 Liberty second 4%s 96.96 91.40 Liberty third 4%x 91.24 IHAI Liberty fourth 4%a 91.24 91 [74 Victory 3%a 99.18 09(58 Victory *l%s 99.18 99.08 INDIANAPOLIS PRODUCE. Butter—Local dealers are paying 40® 41c per lb for blitter delivered ln Indianapolis. Eggs—Loss off, 37®*38c. Butter—racking stock, ISCpIOe. Poultry—Fowls, IS@ 24c; springers, 2(!®24e; cocks. lo(d!12c; young hen turkeys. 8 lbs. up. 3oc; young tom turkeys 12 Hits. up. 35c; old tom. turkeys, 25((/80c; cull thin turkeys not wanted; ducks, 4 lbs. and up, 15@10o; spring ducks, 3 lbs and up, l(Jc; geese 16 lbs. and up. 9@llc: squabs, lllbs. to the dozen, $4.50. ' Butterfat—Local dealers are paying 40c per pound for buttertat Ueliveyed iu Indianapolis. t’LEVELAND PRODUCE. CLEVELAND, Oet. 3.—Butter—Extra in tubs, 50%rq51e; prints. 51%<f/52e: extra firsts. 49%@50c; firsts, 48%®49c; seconds. 39% (5 10c; packing stock, 22%®24%c. Eggs—Fresh gathered, northern* “extra! 47c; extra tirsls. 4tic; Ohio firsts, new cases, 42c; old cases. 41c; Western firsts, new cases, 39c. Poultry—Live heavy, fowls, 2.7 W 20c: light fowls, 18@20c; roosters, 13c; light springs, 20'S21c; live spring ducks, 20@25c.
SWINE 15 TO 50 CENTS HIGHER Steers Are 25 Cents Higher— Calves 50c to $1 Lower. ' RANGE OF HOG PRICE J. Good Good Gotd Sept Mixed. Heavy. Light. 28. sß.oo® 8.25 $8.25 $8.25 29. 8.00 8.15® 8.25 8.25 30. 8.00 8.13® 8.25 8.25 Nov. 1. 8.13© 8.25 8.25® 8.-10 8.33® 5.40 3. 8.25® 8.30 8.35® 8.50 S.OO© 8.35 4. 8.35® 8.06 8.35® 8.05 B.oo® 8.33 5. 8.75 8.75 8.75 With a good demand for all grades of swine displayed by both local pack- ; ers and shippers with Eastern city connections and the cholera epidemic spreading every day, prices were 10% 50c higher in trade on the local livestock exchange today. Practically all swine of good grades sold at $8.75, while there was a top of SB.BO. According to this fixed price on all grades, heavy swine were 15®30c higher arid lights 40@50e higher. Pigs sold at $8.25 and down and roughs at $6.50®7.25. The bulk of the sales for the day were made at $8.73. Receipts for the day ran close to 10.000, of which number the local packers took in the neighborhood of 3,(9)6. while the shippers bought the remainder. Higher tendencies on other markets also influenced local prices. There was a decidedly better tone to trade in cattle and prices were strong to 25c higher, generally, while there were a few sales of steers at figures that | looked to be'around 56c higher than the same grade would have brought the latter part of last week or the first part of this. Good cows and heifers were steady to strong, and steers were generally fully 23c higher. There was a good demand for bulls at strong prices. Receipts were again light at 300. with considerable stuff from other markets among that number. One good load of steers weighing around 1.600 lbs sold at $9, while there was another sale at $8.50. The former sale could not be considered as representing the general market, for there were only a small number of cattle of the grade to demand that price, tint it Shows that higher prices would be paid on this market if a better grade of cattle were sent here. Veal prices were 50c®$1 lower., with a top of sl2 30 on choice veals and the hulk of that grade selling at sll®. 12. Other grades were lower in proportion. Receipts for the day ran close to 300. The slump in the market was attributed to a slack in veal trade in Eastern citi- s Sheep and lambs were steady, with 666 sheep and lambs on the market. 11008. Best light hogs, 100 to 290 llis. average $ s.fafti: i Over 306 lbs 8.56® 8.75 i'26o to 306 lbs 8.75 Sows 6.50® 7 25 Stags 5.00® 7.00 Best pigs, under 116 lbs 7.si'u 8.20 Top S.8I) Bulk of sales 8.75 CATTLE. Prime eornfeJ steer®, 3.300 to 1 800 7.50® 8.50 Good to choice steers 1,200 to 1.300 ilis 6.73® 7.25 Good to choice steera, 1,009 ta 1,200 llis 6.50® 6.75 Good to choice e eers, 1.1x.0 to 1,100 ilis C.OO® C. 50 Common to medium tleers 800 to 1,000 His. 5.25® 5.73 Heifers and Cows— Geo 1 *o choice heifers 7.09® $.25 Medium heifers 5.75® 0.50 Common ,to good heifers .... 5.00®! 6.00 Good to choice cows 3.50 i 5.00 Fair to medium cows 2.00® 3.00 ■ Cutters 1.75® 2.75 j Cauners " 75® 2.99 —Buiis— I Good to choice butcher bulls. 4 50® 5.69 Bologna bulls Light bologna bulls 3.00® 3.75 ! Light to common bulls 3.00 .. . —Calves—i Choice veals 1f 009(12.00 ! Good veals 8.50® 9.( 6 Medium veals 7.00® 8"" Lightweight \eji.x 5.6(6,■ 44.00 Common heavy weight veals.. 4.00® 3.00 —Stockers and Feeders— Good to (ho lee sieers. umlo' 800 lbs 8 00® 6.00 Medium cows 2.00® 3 If) Good rows 3.00® 4.00 Good heifers 5.50® 7.00 Medium to good heifers 4.00® 5.00 SHEEP AND LAMBS. Ewes 2.00® 3.50 Backs i 50® 2 ■ 1 ; Cnolce ewes and wether lambs. 7.0 !® 8.09 Seconds 5.50® 0.50 | Buck lambs 2.00® 3 56 J Other Livestock v CHICAGO. Oct. 5 Hogs Keeeifits I 13.000; market, mostly 10®j.'e higher;! bulk. $(i.75®5.50; top, $8,6.5; heavyweight, I 87.75®8..‘(1; medium Weight, $8.30® 8 (>5 ; light weight, ss(</ size, light lights. $7,75 1 ®8.20; heavy packing sows, smooth. $6.75 j ®7.55; packing sows, rough, $0.35®6.75: | pigs, $7.25© 8. Cattle Receipts. 9.600: ! market, stead.' to 25e higher; beef spits j choice nmi prime, $9®.11.!0; medium and j good, $0.15®9.35; gnod and choice. s9,® 11.15; coniniou and medium. sl.73®:*.'; butcher cattle, heifers. 51®.0.50; cows. $3.50®;6.75; liulls, $5.36f(/0.35; gn liners ami cutters, cows and heifers, $2.00® 3.50; canner steers. $3®3.50: veal calves (light ami handy weight), $7.50®, 11.50; feeder sir ers, $4.8544(1.85; stoeker steers, $ ’..75 0t'6.60; stoeker cows and heifers, $525® t. 75. Sheep- Receipts, 11,000; market, killing classes, steady; feeders and lambs, strong to higher; Jambs (84 llis. down).) $7.25®0.25; culls and common. $1.75® -7.25; yearling wethers, Ss®7; ewes, eives, ss®s; culls and common. $1.56® 2.75; breeding ewes, $3.23®6.23; feeder lambs, s6® 7.50. CINCINNATI. Oct. 5 Hogs—Receipts, 5,400; market, strong to 10 centhigher; heavies, mixed and mediums. $8.85; lights. sss6; pigs, $7.30; roughs, $7.50: stags, s3..>b. Cattle—Receipts, I. market, generally steady; hulls, steady; valves, sl2® 12.50. Sheep and himt.s—Receipts. 1,060; market, strong to 56 cents higher; ewes, $1®3.50: bucks, $2 ®2.50; choice lambs, $9; seconds, $7; culls, $4(5/5. CLEVELAND. Oct. 5. iTogs - Receipt-. 3.500; market, 25 cents higher; yorkers, $9; mixed. $9; mediums. sjPsi!).lo; roughs, $6.75; liigs, $.8.75; stags. $1.75. Cattle— Receipts, 160; market, steady. Sheep and lambs Receipts. 1,000; market, strong; top. $8.75. Calves—Receipts, 206; market, steaily; tof(, $14.30. EAST ST. LOUIS. Oet. s—nogs—Receipts, 10,060; market steady to 5c higher: mixed and hutchefs, $.8.45® 8.(55: good heavies. $8 40f,/.s 65; roughs. $5.56/5/1) 75; lights, 88.56® 8.65; pigs, $8®8.53; bulk of sales, $8.45® $.60. Cattle—Receipts, 6.500; market, act iv* and steady; native beef steers, s6® 10.75: yearling steers and heifers. s9® 11: cows, $4.25®6; stackers and feeders, $1.50®5.75: calves, $1(1.25® 11. camiers and cutters, $2.25® 3.25. Sheep ami lambs—Receipts. 2.300; market steady; mutton ewes, $3.50®4; la/nbs, $8 @8.50; canners and choppers, $1 ®2. riTTSBt'RGH, Oct. s.—Hogs—Receipts, 2,460; mark g, 25®50c higher; prime heavies, $8.75®!); mediums, $9.40;" 9.50; heavy yorkers, [email protected]: light yorkers, $8.75® 9.55; pigs, 88.50®8.75: roughs, $6.50®7.50; stags, s4®s; heavy mixed, $9®9.25. Cattle—Receipts, lot); market steady; veal calves, sl4; heavy and thin calves, ss®,B. Sheep and lambs —Receipts, 500; market steady; prime wethers. $3®:5.'25: good mixed, $4.25®, 4.75. fair mixed, $3®:3.i10; culls and commons. si®!2; lambs, $9. EAST BUFFALO. Oct. s—Hogs—Re ceipts, 1.609; market, active; yorkers, I $9.25(5/9.50; pigs. $9.25; mixed, $9.25® 9.50; heavies, $8.75®9; roughs, $6.25® 6.75; j stags, s4®s. Cattle Receipts, 256; mar- | ket, fairly active; shipping steers, $7.75] ®9; butcher grades, $7.25®8.50; lieifers, $5®:7.25; cows, [email protected]; liulls, s3® 5.25; milk cows and springers, slo®Kis. Calves—Receipts, 150; market, active; cull to choice. ss®ls. Sheep and lambs —Receipts. 1,600; market, active; choice lambs, $9®9.50: cull to fair, $6.75®8.50; yearlings, ss® 6.50; sheep, st.so®,-5.30. TOLEDO SEED PRICES. TOLEDO, Oct. 5. —Cloverseed—Cast sl3; October, sl3 asked; December, $13.03 asked; Januarv, $13.20 asked t February, (13.30 asked; .Mar -h. $13.25 asked. Alsikc —Cash and October, $10.75 asked; December and March, sll.lO. Timothy— Cash. 1020. $2.65; cash 1921, $2.75; December, $2.96; January, $2.93; February, 52.97%; March, $3,03,
GRAIN PRICES HIT BY SLUMP Selling Pressure Comes From Northwest Interests. CHICAGO, Oct. 5. —General selling of wheat forced grain prices down on the Chicago Board of Trade today. Selling pressure came largely from Northwest interests. j There was little demand for corn or oats and the break in wheat further depressed quotations in those two grains. Provisions were low*er December wheat opened off lc at $1,14% ( and lost %c additional bVfore the close. ; May wheat lost %c at the opening at j $1.19% and later lost another le. Do ti!>: r- corn opened off %c at 49c and lost another %c before the close. May corn, alter op: nlng off %e at 54%c, remained unchanged in later trading. December oats opened unchanged at 36e and lost %<• later. May oats opened unchanged at 40%c and dropped %c before the close. (By Thomson A McKinnon) —Oct 5 Wheat—The steady decline in wheat ] prices has not been a matter of senti- | meat or anything extraneous to wheat j itself, it ha - been entirely due to an exI cess of available supplies and a negj ligible export outlet, if is not poss'bie !to say that this condition lias been I changed, despite a decline of 25 cents. If ] any change, whatever, it is for the worse to the extent that congestion at gulf ports is backing tip into the inferior terminal ! markets; worse also to the Vxtent. that ! Canadian wheat and new crop wheat from I tlie southern hemisphere are offering strong competichm. The extreme decline j in prices may curtail the offerings of the country, lint as yet they have not revived ' foreign interest and we believe that a distinct broadening of foreign demand I will lie necessary to turn the market. Liquidation has been so severe that re- ; actions with or without a change in the I news may appear unexpectedly. ] Corn and Oats The weakness in wheat I hat naturally affected coarse grains, but I you will note an undercurrent of strength las exhibited in prices. We are not prej pared to say that either one of these 1 grains will advance to any great extent, 1 but w<> do feel that the considerable imriroveiuent in the demand for o#sli corn ! from eastern distributors and from Canadian interests give this market a much hotter foundation and we argue against j rlie idea of any severe decline, daily ‘ changes being purely sympathetic. Provisions —It lias taken only medarate selling to drag provision prices lower, as ] there is an absence cf interest or note- : worthy buying ’The European situation ! remains unsatisfactory. CHICAGO GRAIN TABLE. Oet. 5 WHEAT— Open. High. Low. Close. Dec 1.H% 115% 111% 1.11% May 1.19% 1.20 1.15% 1.16 CORN - I 49 .49% .48' j .48% May 51 1 - .55% .51% .54% IIATS Dee 36 .36 .35% .35% May 46% .46% .38% .;'% FORK - • Nor 17.00 •Jan 15.00 LAUD—d t 9 $7 9%7 9.65 9.85 Jen 9.00 9.02 8.82 8.95 I’.II'.S - •Oct. 6.75 Jim 7.80 7.80 7.70 7.75 i RV 13Dee 93 .95% .88% .89 May 97% -97% .93% .93% j •Nominal. ( lilt AGO CASH Git \IN. CHICAGO, oet. 5.- Wheat—Cash, No. 2 hard v..nt- r,>1.14%® 1.15% : No. 3 mixed, •: 1 14' Go 1 17%. Gore Cash. No. 2 mixed. 17 : t/*!v; No. ’g while, 47>.,®48e; No. 2 ' yellow, 17%® 48c; No. 3 mixed, 47® 47%c; : No. 3 yylilte, 17c; No. 3 yellow. 47%c: No. j i mixed. 46%0. tints Cash, No. 2 white. ! No. 3 white, 32’g ®33%c ; No. 4 1 yvhite, Ul'-®32e. TOLEDO GRAIN TRICES. I TOLEDO, o r s—Wheat Cash, $1.21: Dc-mbT. $1.73%; May. $1.30. Com— ..<h. .V. </ rl% Oulu —i’axb, livr I’aslj, 00c. Harl*y—Gash, lilio. I’RI MARI MARKETS. (By Thomson A Mc Kinnon.) Oct. 5 Wheat. Corn. Oats. St Joseph ... 21.000 17.0CH* 2,060 Chicago 100.600 1.860,000 280.000 Milwauk'-e.... ii.OK) 245,000 11 *8 (gio Minneapolis.. 4' , 9.<J0:) 75 600 258,000 St. I .bills 124.006 51,00<l 00.000 l'.dcdo 3.00) 161100 4.000 Detroit 8.000 9,000 t>.(mmi j Kansas City.. 513.00.) 59,000 44.009 IV >r!a 1.66(1 79.1/ K) I.S.IMH) (i/nalia 1)6.060 80.0011 32,000 Indianapolis.. 1.060 .W.OOO 20,000 ] Totals 1.504.066 2,506,000 872.000 ; Year ago 1,610.000 972,060 710,660 Shipments— Wheat. Corn. Oats. I St. Joseph..., 14.000 13,000 I.'XXI 1 Chicago 21.0(H) 219,000 :{s.tK'o I Milwaukee ... 4.000 1.000 31.660 I Minneapolis.. 255.00 t) 2i).6(M 57,060 Duluth 75,0**0 St. Louis .. . 232,000 - 116.660 238.000 i 6.00*) 3,003 15.000 ! Kansas City.. 331.060 is,ooo 27,000 i I’eoria 4.0(0 17.000 (•malia 162.(HH) 6.3.66.* 38.000 Indianapolis.. 3.000 13 030 14,060 Totals 1.106,000 470,000 473,000 Year ago... 1,171,000 329,000 384,000 —Clearances — Doniesv \U. Corn. Oats. Philadelphia 49.000 Baltimore 17,000 j Tefnis 66,000 Year ago 1,338.000 22,000 INDIANAPOLIS CASH GRAIN. —Oct. 5 Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Easy; No. 2 red. sl26® 1.27. Corn—Easy: No. 2 white. -19%®50%c; No. ." yvhite. 49®49%c: No. 2 yelfuyv, 49® siic; No. 3 yellow, 48® 49c: No. 2 mixed, 49®'50c; No. 3 mixed, 4S%® 19%c. Oats—Easy: No. 3 white, 34%@36c; No. 4 white. 32%®34%0. Hay—Steady: No. 1 timothy. $17®17.50; No. 2 timothy. $16.50®17: No. 1 light clover mixed, sl6® 16.50; No. 1 clover, sl6® 17. —lnspections Wheat—No. 2 red, 1 ear: No. 3 red, 1 e/tr ; sample, 3cars : total. 5 cars. Corn—No. 1 white, 2 cars; No. 2 white, It cars: No. 3 white, 1 oar; No. 4 white, 1 ear: No. 1 yellow, 15 ears: No. 2 yellow, 6 ears: No. 5 yellow, 1 car; No. 1 mixed, 5 cars: No. 2 mixed. 2 ears; No. i mixed. 1 car; total, 45 cars. (hits —No. 3 white. 16 ears; No. 4 white, 9 ears; sample white, 2 cars; No. 3 mixed, t car: total, 2S cars. Rye—No. 3. 1 car. lIAY MARKET. The following are the Indianapolis prices for hay oy the wagon load, delivered : ; * llay—Loose Mmotby, sl7@lS; mixed hay. sl6' / (il7: baled hay, $17@19. Oats —Bushel, new, per bushel 34®57c. Corn—Old, per bushel, 55<gtX)e. WAGON WHEAT TRICES. Indianapolis flour mills nnd elevators today are paying $1.17 for No. 1 red winter wheat; $1.14 for No. 2 red winter wheat and according to test to- No. 3. Oats are quoted at 30c for No. 3 white or better. .CHICAGO TKODUCE. CHICAGO, Oct. s.—Butter—Receipts, ! 3 299 tubs; creamery extras, 44%e; firsts, 34@430; packing stock, 23® ; 24e. Eggs— Receipts, 7,018 cases; current receipts, j fix®;t9c; ordinary firsts, 33®37c; firsts. 39®4tc; checks, 22®24c; dirties, 24®26c. Cheese —Twins, new, 19%®20%c; Daisies, 20® 20 %c; young Americas, 20@20%c; longhorns, 20®20%e; brick, 19%@20c. Live poultry—Turkeys, 36c; chickens, 19c; springs, 21c; roosters, 14c; geese, 19c; | (lurks, 25c. Potatoes—Receipts, 75 cars; Minnesotas, Dakotas anj Ohios, $1.85®2 per 150-lb. bag. VAN CAMP’S SALES INCREASED. According to a report issued today by officials of the Van Camp Packing Company, an increase of 16 2-3 per cent in sales of canned goods was shown during the quarter ending Sept. 30 over the Fame period of last year. The value of sales for the same periods was approximately the same, the report stated.
John Frazee Appeals Fine and Sentence John Frazee, 621 North East street, in city court today was found guilty of influencing witnesses and was fined $1 and costs and sentenced to serve thirty days in jail. Tlie case was appealed and Nick Hociogia signed the appeal bond. The witness alleged to have been influenced by Frazee was Stella Fa bell, i 254 Miley avenue, who testified Frazee ; told her she could not testify in a blind tiger case of Steve Frazee, father of John Frazee, in Criminal Court, and that he offered her $lO5, and that she was induced to-leave the Criminal Court room by Frazee. His defense was that | he told the woman he would pay John Frazee's fine and that it would not be necessary for tier to remain to testify. COLUMBIA CLUB' MEMBER GIVES TO DEMOCRATS Fred Gregory Said to Have Donated to Campaign Fund. Boyd M. Ralston, Democratic nominee for mayor, anouunced today that Fred Gregory, real estate dealer, member of the Columbia Club and a Republican, appeared at Democratic headquarters today and made a donation to the campaign fund. Mr. Gre.gory, according to Mr. Ralston, .said the Democrats could give all the publicity they desired to the fact that he bad contributed. Democrats have redoubled their efforts to raise campaign funds as a result of the Francis confession involving J. Herbert Hartman. Republican nominee for city judge, according to party leaders. Mr. Ralston spoke to the employes of tlie Diamond (.bain Company at noon otday. He will address open air meetings at State avenue and Washington stree; and Tibbs avenue and West Michigan street this evening. An automobile parade up Indiana avenue will precede a Republican rally at Indiana avenue inil West streets this evening. The Rev. It. P. Christian will be temporary chairman and \V. 11. Jackson, permanent chairman. Joseph Broyles will rer 1 the p’atform. James 11. Ogden, W. S. Henry and Mrs. Gertrude Hill will speak with Samuel Lewis Shank. Republican nominee ’or mayor, finishing as thy chief speaker of the evening. Arthur K. Robinson was to have been on the program, but was withdrawn because of a previous engagement to speak at a meeting of past masters of the Masonic lodge in Richmond. Other Republican nietings for tonight are as follows: Fifth precinct of the First ward at 2301 North Rural street. Fourth precinct of the Eighth ward at 934 North Meridian street, entire Ninth ward at McKinley Club. Fifth precinct of the Tenth ward at 1213 Spann avenue, Second precinct of the Eleventh ward at 321 Virginia avenue, anil First precinct of the Thirteenth ward at 410 Sanders street. Marriage Licenses. Leo Miller. 225 Terrace nve 27 Mary K’ssling, 301 Sanders st 24 George Dickey, 713 E. North st 25 Margaret Crane, 2247 N. Dearborn st.. 28 diaries Fouty, 419 E. Bil king st 22 Mable Conway, 2544 Boulevard place.. 22 Willing I’ayton, 1413 Shepard st 24 Edith Downing, R. It. C 19 Douglas White. 537 Douglass st 25> Phyllis Schneider, 3539 College ave.... 23 Charles Allen, 1268 Standard ave 21 Bertha Ilurkhardt, 1261 Standard ave. 24 Warren Hanson. 1827 Ashland ave 24 l.aura Cooper, 1827 Ashland ave 19 Irwin Sturgeon, 39 N. Belmont ave.... 27 Azalia Turner. Hotel Severln.. / 29 Elza Martin, Gibson County 50 Frances Watkins, Princeton, Ind 44 Louis liaerle, 1449 N. Pennsylvania sr. 25 Elsa I’antzer, 919 Middle drive. Woodruff Place Births Leo and Adams, 1459 Roosevelt, girl. Dennis and Julia Cussorly, SlO N. Keystone, girl. Louis and Anna Ilaboush, 3224% E Michigan, girl. Ralph and Nellie Burt, 2855 Olney, girl. Wendell and Georgia Little, Long Hospital, boy. Arthur ami Grace Felton, 1434 Rembrandt. boy. Robert and Millie Whited, 2321 Jack- ] son. girl. Guy and Nora Foreman, 001 S. Harris, boy. Roy and Elease Kennedy, 621 Fayette, girl. John and Jennie Stein, 2403 W. Me- , t.'iirt.v, boy. Dumiten and Susana Jitean, 53S W. i Maryland, girl twins. Charles and Ethel Hill, Methodist Hospice. girl. With® and Willa Ilynes, St. Vincent j Hospital, girl. Deaths Dorothy Mnvnard, 1 mo.. Long Hos- j pitai, malnutrition. Mary Alice Lawrence, 3 mo., 2906 Mar- . tindalo, acute ileocolitis. James Driggs, 75, 853 Roach, cerebral ; hemorrhage. Isaac M. Sedan. Gt*. city hospital, uremia. I Anna Belle Lynch, 31, Deaconess Ho:- : pitai, septicaemia. l’ermelia Augusta liinchman, 06, IX2I N. Rural, uremia. Emanuel M. Cook, 63. 2345 N. New Jersey. acute dilatation of heart. George W. Gifford, 7S, 1205 Prospect, uremia. Anna Laura Stilyrove, 55, 2157 N. Dela- i ware, hyperthyroidism. John Scott, 73, 561 X. Hamilton, tubcrcnlosis. Granville G. Burns, 81, 1431 Prospect, ] arterio sclerosis. Helen M. Pollard, 47, 222 W. New York, lobor pneumonia.
SOUND INVESTMENTS Shrewd investors are now converting short time securities into high interest bearing investments, maturing in ten to, twenty years. We can serve you wrell in furnishing select taxexempt investments, either gravel road bonds, school bonds, on sound preferred stocks. BANKERS INVESTMENT €O. 1014 Merchants Bank Bldg. MAin 3376
GERMANY NEAR BANKRUPTCY IS BELIEF IN U. S. Unable to Meet November Reparations, Powers Grant ' Extension. U. S. AFFAIRS MENDING Special to Indiana Daily Times and Philadelphia Public Ledger. By C. B. EVANS. CHICAGO, Oct. s.—lt was a rarely wise coterie of financial worthies that sat iu conference for a full ten minutes in Chicago yesterday discussing perhaps the most important economic question now before the world, that is the fate of Germany. The interchange was introduced by the remark of a patriarch in tlie trade in security's who has made an excellent record af to reputation and prosjierity. He declared that so low have the prices of American stocks gone that under the worst probable circuni--1 stances the income on the properties would be such us to yield a fairly.good income on tln-ir values as expressed by i the last equity, the common stock. Then came the backslap. "Wbaf is | Germany going to do to us?” Replied tiie patriarch: “It will give . us a shock if it becomes avowedly bankrupt. iiut otherwise the effects will be ' small.” T’ne question naturally arose what would constitute open bankruptcy ! beyond what is now known. Has not j Germany, been obliged to put up a plea ! of inability to meet reparations require- | ments and has not her paper been exi tended? Is she not now saying she cannot meet the November installment? The ' reasonableness of these questions was conceded. Then a party to the conference who i thinks far out beyond eights and quarters in the stock market declared that the test of the effects of this insolvency j on the r'-st of the world is in the amount of money due from Germany to othera countries in connection with the credits" we all know to exist. It is not merely ! tli? United states, but Holland, Scandinavia. Great Britain. France and the rest of them. Nobody knows the amount of American claims though we have the • indefinite estimate of $4,000,000,000 due from all foreign countries. It is seen that the process of converting raw material into finished products by the labor of the industrious and in- | telligent Germans is too slow to count I for much and meanwhile the exchange i conditions is growing more and more frightful. There is at the same time an , increasing inflow of merchandise into this | country which tenda to reduce prices, ! small electrical equipment anil enamelled ware being specially mentioned. This , hurts us a little in the way of delaying re-employment of artisans now idle. All are agreed that present conditions : cannot last long. The internal situation I proves that. Every time anybody has sold anything in Germany since the armistise he has accepted payment in a paper money which r.ow is worth very much less than at the time of the transaction and thus he has become impoverished. The position of a landlord is particularly striking. He has made leases running a year or perhaps many years at a given rate and unless it has been specified, as in long leases in this country, that the rental shall be on the basis of a certain amount of gold of a given fineness, be is on the way to the poorheuse. If on the other hand the lessee has connnitteed himself to the payment of gold or its equivalent he is wrecked, for it Likes twenty-five times as much paper to buy a gold unit as it did at the par of exchange and there is no escaping even in internal transactions the test of the gold unit. Moratorium? That in its nature is a temporary expedient and would helM nothing domestically. If It applied t™ obligations abroad, it would be a clear plea of bankruptcy. Logically, it would mean the seizure of property and that might happen on a grand scale if the reparations payments were defaulted. France is not keeping 1,000,000 men under arms for nothing. It seems certain that Germany is going to lurch up against us with some degree of effect or other. It is a question then of the consequences on our security market Few American issues are held in Germany and therefore there should be little of the unloading on us that has always in the past resulted from menacing political or economic conditions in Europe. But the stock Investor and the speculator, mindful that some ugly creature may emerge from the European museum of horrors nliuost any time, iif watching his step. That is a good thing if one mav almost impiously say that good may come to a distant country out of so grave a calamity as that which has overtaken not only Germany but other parts of Europe. The American is right in thinking that affairs at home have mended somewhat nnd he is justified in taking fair advantage of any unusual economic situation, but here is a ease where caution has imprinted itself upon the minds of American traders. —Copyright, 1921, by Public Ledger Company.
DOVE BRAND HAMS fA TASTE YOU * CAN’T FORGET
