Indianapolis Times, Volume 34, Number 129, Indianapolis, Marion County, 10 October 1921 — Page 10
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STOCK MARKET IS IMPROVING IN MANY LINES Tendency Is for Bettei*ment, From Standpoint of Sentiment and Price. CRUDE OIL ADVANCES Special to Indiana Daily T*mea and Philadelphia Public Ledger. by monitor. NEW YORK, Oct. 10.—Stock market conditions have shown no striking change in the past week. . The tendency still is toward improvement, both from the standpoint of price and sentiment. No one has paid much attention to evidences of scattered liquidation in certain pool stocks, and the liquidation that has developed in certain industries and certain companies, as for example the sugars, has been taken as a matter of course. There has been far more disposition to attach fundamental importance to indications of improvement, as lor instance, the advances in the price of crude oil, the moderate gains in the steel Industry and the effect of the growing case and abundance of money on the investment market. In fact thirf latter development has been quite pronounced in the last week. Some of the Liberty issues have worked up to a yield basis of 414 per cent compared with approximately G% per cent only a few months ago. Bargains are disappearing rapidly from the list of gilt-edged bonds, for the persistent and insistent buying by investors, institutions and individuals alike, has raised them to a price where the return is not nearly as attractive as it was a’ short time ago. It is believed the next development in the situation will be a drift toward the more desirable preferred stocks, some of which already have begun to reflect the tendency in this direction, CRUDE oir. MAKES ADVANCE. From the standpoint of the stock market, the outstanding development of the week has been the advance in the price of Pennsylvania crude oil. The falling off in the Mexican Production, as well as imports from that country, put refiners still more on their Inquiry for domestic petroleum. Stocks of oil now stand about one month's production above the reserves of last year at this tfme. a rather insignificant gain in view of the talk of over-supply and falling off in demand. The sham reduction in the amount of new wells now being brought in augers all for an immediate replenishment of supply. No one expects the present situation to result in anything more than a gradual hardening in the prices of domestic oil shares, but it is believed the basis laid for a very strong market in the petroleum issues in the course of a few months. The street is looking forward with considerable curiosity to the report on the nnfilled tonnage of the United States Steel Corporation which will be issued tomorrow. The expectation is for an increase, and estimates range all tt? way from 65,000 to IOO.CfOO tons. It is reported In some quarters that demand for structural steel is increasing, and the gain in buiiding operations reported throughout all parts of the country, except the Northwest, tend to bear out the impression of increasing activity. COPPER SITUATION IS IMPROVING. One notable feature from a stock market standpoint this week, has been the increasing firmness and activity of the copper shares. Unofficial but fairly authentic figures place the monthly consumption and exports of copper at about 300.000.000 pounds, while production is now running on a basis of 55,000,000 to 60,000,0 pounds. The continued curtailment with the increased demand is gradually stablizing the copper situation an.l laying the basis for renewed activity at a more profitable price level. The largest clouds on the horizon are represented by the European situation, the financial position of Germany and its unfavorable reflex in Holland, to say nothing of disturbed economic conditions in Great Britain. An echo of the British coal strike made iis appearance this week in the form of a brief lock-out of Welsh miners. The dispute was adjusted temporarily, but the in%dcnt gives some idea of the unsettled state ©f affairs in the industry of the United Kingdom. More and more it is being borne home to us that there can be no certain improvement or stable prosperity in the United . fates while financial and economic conditions in Europe are in a state bordering on crisis.—Copyright, 1921, by Public Ledger Company.
NO DAMAGE DONE BY FIRST FROSI Hog Cholera Less Extensive Than Last Week. The first killing frost which occurred on the oth of this month, rlid no serious damage to the corn eroi> of the State, according to the weekly crop report issued today by George C. Bryant, agricultural statistician to the U. S. Department of Agriculture. Hog cholora. which has been the chief object of attention to the hog grower for the past two weeks or more, is less extensive than at this time last week, the report states. The report in full follows: “Heavy rains during the first part of last week retarded outdoor farm work to some extent. The first killing frost occurred Oct. 5, and caused no damage to speak of. “Corn cutting and silo filling hare practically been completed. Ear worm and chinch bugs are still doing some damage. The heavy frost on the sth will hasten curing. “Wheat seeding is practically completed in the northern half of (he State and is progressing rapidly in the southern half. Corn is down badly in some localities and interfering with the work. Most counties will have less acreage than last year. • “Considerable more rye will be sown than last year. Farmers seem to think this crop withstands insect ravages better than wheat. "Late potatoes are being harvested. Yields generally are very light, although good yields are reported fron a few localities. “Meadows and pastures continue exceptionally good. Young clover looks splendid. Clover seed is very poor and thrashers are hesitating to go into fields except on an acre basis of pay. “Some house burning is reported on tobacco, but this is not extensive. The crop generally is of good quality. “The commercial crop of'apples is very small. Considerable more cider has been made this year than usual. . “Hog cholera is raging in some localities, but is not quite as extensive as last week. Other stock generally are in good condition. “The supply of farm labor continues to be plentiful, according to reports from various sections of the State. "Hogging off corn will be considerably more extensive this season than hereto- • fore.’’ CHICAGO PRODUCE. CHICAGO, Oct. 10.— : Butter— Receipts. 11,000 tubs; creamery extras. 45c; firsts, 34%@44c; packing stock, 23@24c. Eggs— Receipts, 7,000 cases; current receipts, 39@40e; ordinary firsts, 37@38e: firsts. 39@42c; checks, 226*24r: dirties. 2467>2Gc. Cheese—Twins, new, 19%@20c: daisies 20fg20’4c; young Americas, 2067 20 V-c; longhorns. 20@20%c; brick, 19%619%c. Live poultry—Turkeys, 35c; chickens. 17c; springs, 13c; roosters, 14c; geese. 20c; ducks. C3e. Potatoes—Receipts. 53 cars; Minnesotas and Wisconsins. $2.1067 2215 per 150-lb. bag; South Dakotas and •arty Ohios, [email protected]; North Dakotas, $1.8341?.
N. T. Stock Exchange
—Oct. 10— Prev. High. Low. Close, close. Allied Chem.... 45% 45% 43% 45% Allis-Cfclmers.. 24 33% 34 34 A. Agricultural. 35 33 33 S3 Am. Beet 5... 26 % 26% 26% 27 Am, B. Mag. Cos. 35 35 35 35 Am. Cottou Oil 19 18% I*% 18% A. H. &L. com. 10% 10% 10% 10% Am. Ice 58% '58%% 58% 60 Am. Int. Corp... 33% 32% 32% 32% Am. Can 27% 27% 27% 27% Am. L0e0m0.... 90% 90 90 89% Am. Sug. Ref... 56% 55% 55% 55% Am.S.Tobac. Cos. 37 36 30% 30% Am. S. Foundry. 24 24% 31 % 24% Am. Tel. & Tel.lOS 107% 107% 108 Am. Tobacco ...124 324 124 124 Am. W001en.... 75% 75 75 73 At. Coast Line.. 86 86 86 Ana. Min. C 0,... 40% 40% 40% 40% Atchison 86% 86%" 80% 86i4 At. G. & IV. 1.. 27% 26% 26% 27% Baldwin Loco. . 87% 80% 80% 87 B. & 0 38% 38 38 38% Beth. Steel (B> . 55% 54% 53% 53% California Pete 41% 40% 40% 40% Can. l’ae. Ry. ..113% 113% 113% 113% Chandler Motors 40 38% 39 49 ■ C. & 0 55% .*•% •*•►% C. M. & St. P. 35% 25% 25% 25% CM & St. P. pfd 40% 39% 40% 39% Chi. & North.. 60% 69 00 69% C. R. 1. & Pac. 33% 33 33 33% Chill Copper .. 12 11% 11% 11% Chino Copper .26 25% 25% 25% Coca Cola 3? 35 35 34% Col. Fuel & Iron 21% 24% 24% 24% Columbia Gas .. 01% 60% 61 % 61% Columbia Graph 3% 33% 3% Cons. Gas 89% 89% 89%r 90% Cosden Oil 29% HO 29% 28% Corn Prod 70% 76% 76% 76% Crucible Steel .. 64% 03% 63% 63% Cub. Cane Sug.. 6% 0% <l% 6% Del. & Hudson. 102 101 101 101% Del. & Lack a..-. 107% 106% 107 107 Erie 13% 13 13 13% Erie Ist pfd.... 19% 18% 18% 19% Famous Players 59% 58 5s 59% Fisk Rub. C 0... 11% 10% 10% 11% Gen. Asphalt. •• 55% 53% 53% 54% Gen. Cigars 59 59 59 59 Gen. Electric.. .125 125 125 325 Gen Motors.... 10 9% 9% 10 Gt. Nor. pfd.... 74 74 74 74% Gt. Nor. Ore... 28% 27% 27% 27% G. S. Steel 37 37 37 38 Houston 0i1.... 65 63 63 63% 111. Central 95% 95% 95% 93 In. Copper 35% 35% 35% 35% Indiahoma 4 3% 3% 3% Invin. Oil 12% Jl% 12 12 Int. Harvest 76% 76% 75% 77 Inter. Nickel... 14% 14 34 14% Inter. Paper... 43% 48% 48% 48% Island O. & T.. 3% 3% 3% 3 Kansas City S. 25% 25% 25% 26 Kelly-Spring. T. 42% 41% 41% 42 Kennecott Cop. 21% 21 21% 21% Lacka. Steel .. 41% 41% 41% 41% Lehigh Valley. 56% 56 56% 56 Lee Tire 29 25% 28% 29% Loews, Inc. .. 13% 13% 13% 13% L. & N 103 107% 1*7% 108 M. Stores 85 85 85 .... Marine pfd. ... 47% 47% 47% 47% Maryland Oil .. 23% 21% 23 21% Mont & ' Ward. 19% 19 19 39 Mexican Pet... 95% 92 95% 94% Miami Cop 22% 22 22 22% Middle States O. 13% 15.% 13% 13% Midvale Steel.. 24% 24% 24% 25 Missouri Pac... 20% 19% 19% 20% Missouri I’, pfd. 43% 43 43 43% Nat. En. & St. 4040 40 39% Nevada C. Con. 11% lt% 11% 11% N. V. Air Brake 62 62 62 61 X. Y. Central.. 74% 73% 73% 74% Norfolk & W... 95% 95% 95% 96% North. Pacific.. 77 76% 76' . 77 Ok. P. & Ilf. Cos. 2% 2% 2% 2% Pacific Oil 39 35% 38% 38% Pan-Am. Petrol. 44% 42% 42% 44 Penna. Ry 50% 603, 60% 36% People's Gas.... 51% 51% 51 1 1 57% Pierce Arrow... 10% 10*4 10% 11 I’ere Marquette 19% 19% 39% 20 Pull Pal Car... 94% 94% 94% 94% Ry S. Springs.. 84 8.4 84 84 Pure Oil 27% 27% 27% 27% Reading 71% 71% 71% 72 liep. I. & S. .. 52% 52% 52% 515; Io.val I>. X. Y. 46% 45% 45% 45% Sears Roebuck 69% 69 69% 68% Sinclair 21 % 21 21% 21% Stuart & Warner 23% 21 21% .... So.-" Pacific 79% 78% 78% .... Southern Ry 20% 20 2 20% St. 1.. A SAY .Ry. 22% 22% 22% 25.* , Stand. O. X..T. .148% 147 14*% 146% St.L. & S.F. com 23% 23% 25% 23% Strom. Curb.... 29% 29% 29% 29 Studebaker 72% 70 70% 72 ' Tenn. Copper.. 8 7% 7% 7% Texas Cos 38% 38b, 35% 38% Texas & Pac 24% 24% 24% 24 Tobacco PrOif . 63% 62% 62% 6-5% Trans. Oil .... 8A 8% 8% 8% Union Oil 20% 19% 19% 19% Union Pacific. 121% 120% 121’-. 122% United It. 5... 50% 49% 49% 50% I’. S. F. P. Cor. 12" . 12% 12% 12% T'nited F. C 0... 108% *IOB ]0,8% ls% United Drug... 59 59 59 58% U. S. Ind. Alco. 45% 44'.; 44% 45% IT. S. Rubber... 49 45% 48% 49% U. S. Steel 79% 79% 79% 79% Utah Copper 53% 52% 53 52 Vanadium Steel 31% 30% 31 51 % YVah. Ist pfd... 22% 22% 22% 22 YV. Maryland... 9% 9% 9% 9% West. Electric.. 45 45 45 45% White Motors.. 35% 35 35 35% YY'llvs Ovprland. 5% 5% 5% 5% Wilson & C 0... 34 34 34 34 YY’orth. Pump... 4040 40 39 YVhite Oil 10% 10% 10% l(i% West. Pacific... 22% 21% 21% 27%
Local Curb Market
(By Newton Todd ) —Oct. 10Bid Ask American Hominy com 16 Brazil Sterling 4% 37% 38W, Burdick Tire and Rubier... 1 1% Central and Coast Oil 1% 4 Choate Oil Coru- i 1% Columbian Fire Ins. C-j, .... 6 7% Comet Auto 1% 2% Dayton Itubbe* Uutta 61 70 Due“=onberg Motor com J)t ... Elgin Motor Car 3% 5 Federal Fin. Cos. pfd 74 84 Fed. Fin. Cos. com 123 v 133 Gt. Sou. P. &R. Units 0% '6% Haynes Motor com 118 ‘ Hurst & Cos., pfd 42 62 Hurst & Cos., com 1 1% Indiana National ank 260 270 Indiana Rural Credits 49 62 Indpls. Securities pro 1% 2% Metro. 5-50 c Stores com 11 15 Metro. 5-50 e Stores pfd 36 35 Revere Motors % % Rpueh & Long units 50 58 Rub-Tex Units 16 39 State Savings & Trust C 0.... fe9 93 Stevens-Duryea Units 53 62 U. S. Automotive Units 90 105 U. S. Mtg. Cos. Units 163 173
In the Cotton Market
NEW YORK, Oct. 10j-Buylng of early today was fairly large and included Liverpool, Well street and local shorts. First prices advanced 5 to 28 points, but the upturn met heavy Southern Selling on hedge accounts, due to large receipts and good weather. This checked the rise, and. after the start, the list eased about 10 points from the highest levels of tlie initial call. New Y'ork opening cotton prices: October. 19.00 c: December, 19.80 c; January, 14.49 c; March, 19.25 c; May, 19.00; July, 18.48 c. COTTON FUTURES. Open. High. Low. Close. January 19.40 19.50 18.93 19.03 March 10.25 19.28 15.17 18.86 May 10.00 10.00 • 15.44 18.54 July 15.48 18.50 18.03 18.07 October 1000 19.90 10.20 19.25 December 10.80 19.45 19.23 19.38 LIVERPOOL, Oct. 10.—There was a moderate demand for cotton at the beginning of business today. Prices were easy and sales approximately 10,00(1 bales. American middlings fair. 16.85d; good middlings, 15.05d; fully middlings, 14.55(1, fully middlings, 14.55(1; in idlings, H.lOd: low middlings. 14.10d; low middlings, 12.95d; good ordinary, ll.SOd; ordinary, 11.07(1. Futures opened steady. BRAZIL STORE ROBBED. BRAZIL, Ind., Oct. 10. —Burglars oroke into A. B. Cooper’s clothing store here last night. Police believe the ir.en had au automobile for they hauleo away twelve dozen suits of clothes live dozen men’s silk stockings, five doze x men's silk shorts, and au overcoat. POISON TAKEN BY MISTAKE. CLAIM. Paul Patrun. 11l West Walnut street, took poison early today at his bipe, mistaking It for a drug that lie had been using, he told the police. Physicians say he will recover. 1
OBLS FEATURE ST6CK MARKET B’urns Brothers Lose Over 3 Points in Late Forenoon. NEW YORK, Oct. 10.—Price movements were somewhat irregular at the opening of the stock market today, but changes in the majority of issues were confined to fractions. The low priced oil scares made fractional gains. Mexican Petroleum, after selling up to 95%, had a quick drop to 94. General Asphalt sold above 55. Union Pacific'dropped over 1 point to 1.21%. while Canadian Pacific rose 1 point to 1.13%. Studebaker, ifter selling up to 72%, fell to 71%. Steel common made a small gain to 79%. Baldwin Locomotive rose % of a point to 87%. Continued strength in the oil shares was the principal feature of the forenoon trading. Houston Oil rose 1% points to 65. California Petroleum sold up 7% points to 41%, and Pierce Oil preferred rose 1% points to 44%. Standard Oil of New Jersey sold up 1% points to 48. Cosden. Union Oil and Sinclair were also in demand Mexican Petroleum rallied to 95%. Burns Brothers was in supply, falling over 3 points.
(By Thomson & McKinnon.) —Oct. 10— The general volume of business continues moderate and there is nothing at the moment that is likely to make any material change in this respect. The cause for this may be directly traced to legislation program at Washington, where a number of important measures are being delayed, such as matters of taxation and the plan for funding the railroads’ accounts with the Government. This low the effect of delaying the financial plans, as well as business expansion. The railroad is waiting on the Government and the equipment companies are waiting on the raitroud. the steel company is w : aiting on the equipment company and labor waiting on them all. In the meantime the market is hesitating. The declines do not extend far because values, with but few exceptions, are very low and the bulges do not go far because of the uncertainty referred to. More recently, the oils have been the most active issues, but Mexican Petroleum and its parent company, the PanAmerican, has been notable exceptions, and these stocks have been in liberal supply on the bulges. The motors have acted poorly and there is considerable doubt here as to the future dividend policy of the Chandler Company. The rails are in demand at frequent intervals. Missouri Pacific preferred has been the most prominent in this respect, while Lehigh Y’aiiey has been favorite with that element who are fond of stock dividends and the prospect in this case in a bright one, subject only to the ultimate approval of the courts. YY'e see nothing new in the general situ ation and we are ir. lined to the opinion that while stocks cae lie bought on the reactions profits should be accepted on moderate bulges, as no move of consequence is likely at this time. CLEARING HOUSE STATEMENT. NEYV YORK, Oct. 10.—Exchanges, f376,700,000; balances, $46,000,000; Federal Reserve Bank credit balances, $43,200,000. TWENTY STOCKS AVERAGE. NEW YORK, Oct. 10.—Twenty industrial stocks last Saturday averaged 71.17, up .51 per cent. Twenty active rails averaged 73.90, up .23 per cent.
Money and Exchange
Indianapolis bank clearings Monday were s2,</'4,OU>, against $3,002,060 for Monday of the week tiefore. NEW YORK, Oct. 10.—The foreign exchange market opened strong today, with demand Sterling 2%c higher nt $3.83%. Francs up 7 centimes to 7.34 c for cables and 7.33 c for checks. Lire rose 4 points to 4.05 c for cables and 4.04 c lor checks. Belgians advanced 5 centimes to 7.20 c for tables ami 7.19 e for checks. Marks were up % point to ,0082 c. Guilder cables were 32.85 c; checks, 32.83 c. Swedish kronen cables Were 23.25 c: checks. 23.20 c. Norway kronen .cables were 12.17 c; checks, 12.12 c, Denmark kronen cables were 15.90 c; checks, 18.8yc. MOTOR SECURITIES. (By Thomson & McKinnon.) —Oct. 10.— —Closing— Bid Ask Briscoe 10 12 Packard com 5 5% Packard pfd 58’; 59% Peerless 37% 38% Continental Motors com 4% 5 Hupp com 10% 11% Iteo Motor Car 18 18% Eight Motors 4% 4% Grant Motors 1% 2% International Motor com 26 28 National Motor 2 5 Paige Motors 13 Republic Truck 8% 10 ACTIVE Oil, STOCKS. (By Thomson & McKinnon) —Oct. 10— —Opening— Bid. Ask. Anglo Am. Oil 16% 16% Atlantic Refining 9 9'% llorne-Scrymser 325 350 Buckeye Pipe Line SO 82 Chesebrougii Mfg. Cons 145 155 Continental Oil, Colorado.. .110 111 Cosden Oil atid Gas 5 6 Cresent Pipe Line 27 2!) Cumberland Pipe Line 122 127 Elk Basin l’ete 6 1 6% Eureka Pipe X.ine 77 80 Galena-Signal o*l, Pref 81 88 Galena-Signal Oil, Com 42 46 Illinois Pipe Line 160 165 Indiana Pipe Line 81 84 Merritt Oil 7% 8 Midwest Oil 2% 3 Midwest ltrg 140 150 National Transit 27 28 New York Tralisit 148 152 Northern ripe Line .85 88 Ohio Oil 270 274 Oklahoma P. & It 4% 4% Penn. Mex 1.8% 20 Prairie Oil and Gas.. 520 530 Prairie Pipe Line ....200 203 Sapulpa Kefg 3% 3% Solar Refining 350 370 Southern Pipe Line 75 80 South Penn Oil 188 192 Southwest Penn Pipe Lines.. 53 57 Standard Oil Cos. of Ind... 74 74% Standard Oil Cos. of Kan... 500 575 Standard Oil Cos. of Ky... 390 400 Standard Oil Cos. of Neb. ..143 175 Standard Oil Cos. of N. I'. .336 340 Standard Oil Cos. of Ohio ..385 395 Swan & I’inch 30 35 Vacuum .Oil 270 280 YVashington Oil 30
NEW YORK CURB MARKET, (By Thomson & McKinnon.) —Oct. IC——Closing Bid. Asked. Curtis Aero, com I 3 Curtis Aero, pfd 1(1 1(1 First National Copper i;5 100 Goldfield Con 5 7 Havana Tobacco 1 % Havana Tobacco I 114 Jmnbb Extension 3 5 International Petroleum 15 1514 Niplssing 5% fils •Standard Motors 3% 414 Salt Creek 11% 1214 Tonopah Extension 1% 114 Tonopah Mining 1% 114 United I*. S. new I*4 15-16 U. S. Light and Heat 1% 17-10 U. S. Light and lieat pfd . 114 1% World Film ( 5 15 Yukon Gold Mine Cos IV4 1% Jerome 15 20 New Cornelia 13 14 United Verde 26 27 Sequoyah 5 10 Omar Oil 06 97 Rep. Tire 17 20 Acme l'kg 75 95 Texas Chief 6 9 Imp. Oil S 814 CHICAGO STOCKS. (By Thomson & McKinnon.) —Oct. 10— Open. High. Low. Close. Arm. Leather... 1214 Uarl.i A Carbo.. 44% 44% 44% 44% Libby 7% 7% 7% 7% Mont-Ward 19 Nat. Leather.... 6% 6% 6% C% S-lioebuck 60 S-Warner 22% 22% 21 22 Swift &Cos 95 95 91% 95 Swift Icternat.. 23% 23% 23% 23%
INDIANA DAILY TIMES, MONDAY, OCTOBER 10,19Z1.
New York Bonds
(By Fletcher American Cos.) FOREIGN GOVERNMENT BONDS. —Oct. 10.— Bid Ask Arg. (Unlisted) 5s Sept. 1, ’45 65 66 Belgian 6s Jan. 1, ’26 93 95% Belgian 7%s June 1, ’45 100% 101% Belgian 8s Feb. 1, ’4l 100 100% U-Sie 8s Nov. 1, ’45....: 100% 104% Chile 8s Feb. 1, ’4l 98 98' -j Chinese (Huk. Ry.) 5s June'sl 46% 47% Christiania 8s Oct. 1. ’45 100% 101% Copenhagen 5%s J'uly 1, ’44.. 79% 80% Danish 8s Feb. 1, ’46 102 102% Denmark 8s Oet. 15, ’45 103 103'% •Canadian 5%s Dee. 1, ’22.... 84% 90% •Canadian 5%s Nov. 1, ’23.. 88% 89% •Canadian 5%s Nov. 1, ’24.. 87% 88% •Canadian 5s Dee. 1, ’25 85% 87 Canadian 5s Apr. 1, ’26 93% 94% •Canadian 5%s Dee. 1, '27.... 87% 88% Canadian 5%a Aug. 1, ’29 94 94% Canadian 5s Apr. 1, '3l 92% 93 •Canadian 5s Oef. 1, '3l 83 84% •Canadian 5%s Nov. 1, ’33.... 87% 89 •Canadian 5%s Nov. 1. ’34.... 85 % 86% Canadian 5s Mch. 1, ’37 89 89% •Canadian 5%s Dec. 1, 37. 89% !M)% •French (Vic.) 5s Opt., ’31.. 56 58 •French 4s Opt., '43 46 48 ♦French (Prem.) 5s Issue ’2O 66 68 •French 6s Opt., '3l 66 68 French 8s Sept. 13, '45 99% 99% •Italian (Treas.) 5s Apr., ’23.. 37 % 39% •Italian (YVar) 5s 30 31'; Jap (Ist) 4%s Feb. 15, ’25.. 81% 85% Jap (2d) 4%s July 10, '25 84% 85% Jap 4s Jan. 1, ’3l 69 71 Norway 8s Oct. 1, '4O 106 105’% Russian 6%s June 18. '19.... 14 16 Russian 5%s Dec. 1, ’2l 13% 15% •Russian 5%s Feb. 14. '26.... 3 6 * Sao Paulo Ss Jan. 1, '36 96% 97’% Swedish 6s June 15, ’39 89 89% Swiss 5%s Aug. 1, '29 89% 89% Swiss 8s July 1. ’4O 106% 107 F. K. 5%s Nov. 1 ’22 98% 98% U. K. 5%s Aug. 1. ’29 90% 91 r. K. 5%s Feb 1, ’37 89% 90 ♦U. K. (Vic.) Is issue T 9 2*Bo 293 •F. K. (W. Loan) 5s Oct. 1, ’22.380 391 *U K. (YV. Loan) 5s Feb. 1, ’29 370 381 Zurich 8s Oct. 15, ’43 101% 102 Brazil 8s 99% 99% French 7%s 94 94% Aurguary $* 98% I*B% Argentina 7s 99% 99% •Internal loans.
CORPORATION BONDS. Bid. Ask. Alum. Cos. of Am. 7s, Nov., '25. 99% 99% Ain. Cot. Oil Cs, Sept. 2, '25. 90% 90% Am. Tel. 6s, Oct., ’22 99 % 99% Am. Tol. Cs, Feb., ’24 98% 98% Am. Thread 6s, Dec.. ’2B 97% 9S Am. Tob. 7s, Nov., ’22 100% 101% Am. Tob. 7s, Nov., '23 101% 101% Anaconda 6s, Jan., ’29 90% 91% Anaconda 7s, Jan., '29 95 95% Anglo-Am. Oil 7%5. April, ’25.101% 102% Armour 7s. Julv 15, ’3O 99% 100% At. Ref. 66%5, March, ’3l 102% 103% Bell Tel. Can. 7s. April, ’25... 98 98% Beth. Steel 7s, July 15, ’22 list 300% Beth. Steel 7s, July 15, ’23.... 98% 98% Can. Pacific 6s, March 2, '24. 98 98% Cent. Arg. Ry. 6s, Feb., ’27... 85% 86% C., R. I. &P, 6s, Feb., ’22... 9')% 99% Con. Gas Bs, Dec.. ’2l 100 100% Copper Exp. Bs, Fet'. 15, ’22..100% 101 Copper Exp. Bs, Feb. 15, ’23..101 301% Copper Exp. Bs, Feb. 15, ’24 .101% 101% Copper Exp. Bs, Feb. 15, '25..102 102% Cudahy 7s, July 15, ’23 99% 100 Fed. Sugar 6s. Nov., ’24 96% 96% Goodrieli 7s, April, ”25 94% 95% Gulf Oil 6s, July, ’23 98% 88% Gulf Oil 7s. Feb., '33 99% 99% Hock, Yal. 66a, March, '21... 93% 96% Humble Oil 7s, Ms roll 15, ”23. 97% 98% Int. It. T. 7s, Sept., ’2l 76 78 K. ('. Term. 6s. Nov. 15, ’23. 98% 98% Kcun. Copper 7s, Feb., ’.'4).... 96% 96% Laclede Gas 7s. Jan., ”29 93% 94% I.tg. & .Myers *s, Dec . ’2l 100 100% Proctor A G. 7s, .March, *22...100% 101% Proctor A G. 7s, March, ’23..100% 3<>l% Wub.Ser.N.J. 7s. March, ”22.. 96 96% It. J. Reynolds 6s, Aug.. ’22.. .109% 100% Sears Roebuck 7s, Oct. 15. '2l. 99% 100% Scjrs-Roebuck 7s. Oct. 15, ’22. 98% 99% Seam-Roebuck 7s, Oct. 15. ’23. 97% 98% Sinclair 7%5. May 15. '23.... 93% 93% Solvny A Ole Bs. Oct., ”27 !K>% 300% Southern lty. 6s, March, ’22... 98% 99 S.w.ltell Tel. 7s, April. ’25.. 98% 98% Stand.o.it'al 1 7s. Jan., '31....104% l(g. Stand.(l.l N.Y. i7s. Jan., ”25-’31.102% 106 St. Paul U D 5%5, Dec. 13. '23. 97% 95% Swift 7s, Oct. 15, '25 100 liM’% Texas Cos. 7s. March 1. ’23...100% 300% Utah Sec. 6s, Sept. 15, '22 93 93% Waltham YY’atch (is. Aug.. ”24.. 87 92 West. Elec. 7s, April, ’25 101 101% Westinghouse 7s, May, ’31....102% 102%
Local Stock Exchange
STOCKS. Bill. Ask. Ind. Ry. A Light com 00 Ind. Ry. A Light pfd 75 Imi pis. A S. E. pfd 75 Indpls. A N. W. pfd ... 75 Inrtpls. St. Ry 37 41 T. 11., I. A L pfd 50 T. H., I. Ali. pfd 15 T. 11., I. A E. com 5 U. T. of Ind. com ... 1 U. T. or Ind. Ist pfd 7 U. T. of Ind. 2d pfd 2 Artvanee-uinley com Advance-Uutnley pfd ... Am. Central Life ... ... Am. Creosoting pfd 91% ... ♦Belt It. K. com 54 (M •Belt K. R pfd 42% ... Century Bldg. Cos. pfd 01 ... Citizens Gas Cos 22 Dodge Mfg. Cos. pfd 85 ... Home Brewing 52 ... lud. Hotel com 50 ... Ind. Hotel pfd 93 Ind. Nat. Life ins. Cos 3% ... Ind. Title Ouarantry Cos 30 Ind. Pipe Lines 80 l 82% Indpls. Abattoir pfd 40 50 Indpls. Gas 41 49 Indpls. Tel. Cos. com 2 ... Indpls. Tel. Cos. pfd 00 Mer. Pub. Util, pfd 41 51 Nat. Motor Car Cos 4 , 5 Pub. Sav. Ins. Cos 4% ••• Rnuh Fertilizer pfd 10 ... Stand. Oil of Indiana 73 75 Sterling Fire Ins. Cos 73 75 Van Camp Jldw. pfd 01 lot Van Camp l’rod. Ist pfd 101 Van Camp Prod. 2d pfd...., ... Vandalia Coal Cos. com 5 Vaodnlln Coal Cos. pfd ... 5 9 Wabash Ry. coin Wabash Ry. pfd 21'% 23 BONDS. Broad Itipple 7<s CO Citizens St. Ry. 5s 15 69 Indian Creek Coa' A Mine 100 Ind. Coke & Gas 6s 00% Indpls. C. A South 5s 88 ... Indpls. A Martinsville 5s ... 50 ... Indpls. Northern 55.. 30 41% Indpls. A N. W. 5s CO 57 Indpls. A S. E. 55... 45 Indpls. St. Ry. Is 48 58 Indpls. T. A T. 5s 08 74 Ind. Coke and Gas Cs 02 T. 11., I. A E. fl 46 ... , C. T. of Ind. 6s 48% 52% Citizens Gas Cos. 5s 73% 80 Indpls. Gas 5s 72% 80 Kokomo, M. A W. 5s 77 Ind. Ilote! Cos. 2d 6s 03% ... I minis. Light A- Heat 5s 75 80 Indpls. Water 4%s 67 74 Indpls. Water 5s 88% 91 Mcli. H. A L. 5s 89 90 New Tel. Ist 6s 04 New Tel. L. D. 5s 93% ... Son. Ind. Power 5s 4 06% ♦Ex-dividend. LIBERTY BONDS. Liberty Ist 3%s 89.66 90.00 Liberty Ist 4%s 93.80 94.20 Liberty 2nd 4%s 02.70 93.10 Liberty 3rd 4%s 95.00 95.30 Liberty 4th 4%s 93.00 93 30 Victory 3%s 99.30 99.50 Victory 4%s 99.30 99.50 —Sales—s2,ooo Indianapolis Northern 5s at....3D WHOLESALE FEED PRICES. Ton. Cwt. Acme bran $21.50 SIAO Acme feed ... e. 21.50 1.10 Acme inidds 21.50 1.25 Acme dairy feed 21.75 2.15 E-Z dairy feed 31.75 1.65 Acme H. & M 31.00 1.60 C. O. A B. chop 24.25 1.30 Acme stock feed 24.25 IJO Acme farm feed 27.50 1.45 Cracked corn .... 28.50 1.45 Acme chick feed 38.00 2.00 Acme scratch 35.00 1.80 E-Z scratch 31.50 1.60 Acme dry masb 41.00 2.15 Acme hog feed 39.00 2.00 Ground barley 36.50 1.90 Ground oats 30 00 1.00 llomlick white 27.25 1.40 Rolled barley 36.50 1.9 ) Alfalfa mol 32.00 1.65 Cottonseed meal 53.00 2.75 FLOUR AND MMf,. E-Z bake bakers’ flour in 98-lb. cotton bags $ 8.80 Corn meal in 100-lb. cotton
EXPORT DEMAND . FOR GRAIN SMALL Receipts Are Heavy—Prices Continue Weak. CHICAGO, Oct. 10.—Grain quotations continued weak on the Chicago Board of Trade today. Export sales were small and receipts were heavy. Provisions were irregular. December wheat opened up l%c at sl.ll and closed up %e. May* wheat opened up l%c at $1.15% and at the close gained %e. December corn, after opening up %o, closed down l%c. May corn opened up %e at 53%c and'flosed oft l%c. December oats opened up %c at 33%c and closed off %c. May oats opened up %e at 38%c and closed down %c. (By Thomson & McKinnon) —Oct. 10Wheat—Saturday's crop report, a sharp advance in sterling exchange and strength in YVinnipeg market in the face of heavyreceipts have given an undercurrent of strength to the wheat market. It Is claimed that farmers, both here and in Canada are slow sellers. Outside of this there is no change in the underlying situation. The export demand fs just us poor as at any time, except that there is a Pacific coast demand for the Orient. English country markets are weak, thrashing returns showing better than expectations, in some instances uncovering a yield of sixty to seventy bushels per acre. The visible supply figures are not completed. For your better understanding of these figures we want to say that St. Joseph stocks of 1,127,0,00 bushels have been added as an increase of, the total. Asa matter of fact this total in St. Joseph is 185,000 bushels smaller than a week ago. Milling demand for choice wheat in all markets is good, with selections considerably higher. There is a growing inclination, either in the way of outright friendliness to the market or in the way of expecting a temporary rally from the present levels. It may be well to modify ideas of lower prices, but at the same time there should lie no pronounced strength unless perchance the buying by foreigners becomes decidedly more pronounced than at present. Corn and Oats—Not only is there no improvement in the shipping demand for corn, but the investment demand for the deferred deliveries has practically dlsappeared. Therefore, prices have beef) sensitive to hedging sales. The first movement of new corn is about to start and it is expected to be of poor quality, therefore, not in demand. Lack of elevator space wlil further restrict the demand* for current receipts. Oats have encountered buying which appears to be for leading cash interests. Outside of this the mnrket offers nothing new. Provisions- An advance in hog prices Induced a little short covering in products, but beyond this the demand has been very poor. Further liquidation in October lard has appeared. There is a fair demand for fresh meats, but no improvement has been noted in the foreign demand.
CHICAGO GRAIN TABLE. Oct. 10WHEAT— Open. High. Low. Close. . Dec 1.11 111% 1.08% 1.11% May.... 1.15% 1.16 1.13% 1.16 CORN— Dec..... .48% .38% .46 .46% May.... .53% .53% .52 .52% OATS— Dec 33% .33% .32% 33% May 38 .38% .37% .37% PORK—•Jan 15.00 LARD— Oct 9 40 950 9 30 9.32 Jan S.St) 8.95 8.77 8.80 RIIIB Oct 6.75 Jan 7.95 7.93 7 60 7.60 hyk— May 92% .93% .91*% .93113 •Nominal. CHICAGO CASH GRAIN. CHICAGO. Oct. 10.—Wheat—Cash. No, 2 red, $1.15; No. 2 hard winter. $1.1(1% 1.11. Corn—No. 2 mixed, 41%"t45%c; No. 2 white 45®15%0; No. 2 yellow, 4!% ; u 45%c; No. 3 mixed, 44%:; No. 3 white, 44%(ii H%c; No. 3 velluw. 44%'q45e; No. mixed. 441044%''; No. 4 white, 43%,•; No. 4 yellow. 4%<•• Gats No. 2 white. 32%(fJ 33 V. o; No. 3 white, 30%'1132c ; No. 3 white, 30®30%e. TOLEDO GRAIN PRICES. TOLEDO, Oct. 10—Wheat—Cash. $1.23; December. $1.26%; May, $1.31%. CornCash, 52(<i53c. Oats—Cash, 37®,38c. ltyc— Cash, 07c. Barley—Cash, 63c. PRIMARY MARKETS. (By Thomson & McKinnon.) —Oct. 10— YVhcat. Corn. Oats. Receipts— St. Joseph 71.006 60.000 4.000 Chicago 51.000 1.038,(KH) 19.8.000 Milwaukee .. ’28,000 292.000 376,000 Minneapolis.. 895,000 120,(KH) 463.000 Duluth 170,000 ' 40,000 14.01 hi St. Louis 254. (SIO 174.000 Its.ooo Toledo 6,000 6.000 8.000 Detroit 12,000 10,000 12.000 Kansas City. 594,000 128,000 63.000 Peoria 11.000 80.000 |05,000 Omaha 96,000 67.000 68.000 Indianapolis... 9J*oO 41,060 20,000 Totals 2.193,000 2,062.000 1.239 000 Year ago.. 2.510,000 747.000 1,060,000 Shipments— YVheat. Corn. Oats. SI Joseph... 41,000 11,000 2,000 Chicago 34,000 248,000 515,000 Milwaukee .. 3.000 49,000 12,000 Minneapolis . 176,000 25.000 28,000 Duluth 395,000 6,000 St. Louis , 171.000 46.000 37,000 Toledo 13,000 2,000 Detroit 6,000 Kansas City. 153,000 75,000 27.000 IVoria 2,000 49,000 40.000 Omaha 92,000 76,000 18.000 ludinnapolis..- 4,000 10,090 24,000 Trdnls .... 884,000 603.000 713.000 Year ago... 1,166.000 310,000 354,000 —Clearances— YY’hcat. Corn. Oats. Philadelphia.. 179,000 34,000 Totals .... 179,000 34,000 Year ago.. .1,633,000 85,000 64,000 INDIANAPOLIS CASH GRAIN. —Oct. 10— * Bids for ear lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat—Firm ; No. 2 red. $1.24® 1.25. Corn—Easier: No. 2 white, 47 1 j ®48%0 ; No. 3 while, 47® 48c; No. 3 yellow. 47(0) 48s; No. 2 yellow, 46%®47%c; No. 2 mixed, 46%@47%c; No. 3 mixed, 4G® 47c. Oats—Easier; No. 2 white, 34®330: No. 3 white, 33®,340: No. 4 white, 31)%®'33c. Hay—Steady; No. 1 timothy, sl74*/17.50; No. 2 timothy, sl6 504/17 : No. 1 light clover mixed, $164(16.50; No. 1 clover hay, $16(3,17. —lnspections Wheat—No. 2 red, 3 cars: No. 3 red. 2 cars; No. 4 red, 2 cars; sample, 1 car; total, 8 cars. Corn—No. 1 while, 10 ears; No. 2 white, 6 cars; No. 3 white, 1 car; No. 4 white, 1 ear; No. 5 white, 2 ears; sample white, 1 ear; No. 1 yellow, 28 cars; No. 2 yellow, 11 cars; No. 3 yellow, 2 ears; No. 1 mixed, 4 ears; No. 2 mixed. 2 cars, No. 3 mixed. 3 cars: total, 71 cars. Oats—No. 2 white, 5 cars; No. 3 white, 18 ears; No. 4 white. 6 cars; sample white. 4 cars; No. 2 mixed, 1 car; No. 3 1 car; total, 35 cars.
HAY MARKET. The following are the Indianapolis prices for hay by the wagon load, delivered : Hay—Loose timothy, $17@18; mixed hay, slG®l7; baled hay, $17@19. Oats —Bushel, new, per bushel 34@37c. Corn—Old, per bushel, 55<g(i0c. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying $1.12 for No. 1 red winter wheat; sl.lO for No. 2 red winter wheat and according to test to* No. 3. Oats are quoted at 30c for No. 3 white or better. TOLEDO SEED PRICES. TOLEDO, Oct. 10.—Clover seed—Cash nml October, $12.00 bid; December, $12.70 bid; January, $12.80; February, $12.05 bid; March, $12.85. Alsike—Cash and October, $10.75: December, $11; March, sll.lO bid. Timothy—l92o cash, $2.60; 1921 cash, $2.70; October, $2.70 asked; December, $2.85 asked; January, $2.00 asked; February, $2.95 asked; March, $3 asked. WHOLESALE BEEF PRICES. The following are today’s wholesale prices for beef cuts as sold by the Indianapolis markets of Swift & Cos.: Ribs—No. 2,22 c; No. 3.19 c. Loins,— No. 2. 20c; No. 3.16 c. Rounds—No. *2, 17c; No. 3,14 c. Chucks—No. 2. 9c; No. 3, Bc. Plates —No. 2,9 c; No. 3, Bc.
SWINE VALUES 5 CENTS HIGHER Trade in Cattle Rather Dull— Calves and Sheep Strong. RANGE OF lIOG PRICES. Good Good Good Oct. Mixed. Heavy. Light. 4. $8.35® B.C# $8.35® 8.6$ sß.oo® 8.33 6. 8.75 8.75 8.70 6. _ 8.50 8.50 8.50 7. 8.50® 8.60 8.50® 8.63 8.50® 8.60 8. 8.85 \ 8.85® 8.95 8.85 10. 8.90 . \ 8.90® 9.00 8.90 • Swine prices were generally 5 cents higher in trade on the local livestock exchange today, with receipts close to 8,000 and a good demand displayed by both local packers and .shippers with eastern house connections’. , Shippers, however, were the principal buyers of swine and they established the market. Practically all good hogs sold at SS.9O, while there was a top of $9. Pigs were in good demand and many of them sold at the price of the loads. The bulk of the sales for the day were made at $8.90. 3U the close of the early forenoon hours practically all of the receipts had been sold. Fairly light receipts and better trade tones in other markets of the country also had some influence on the trend of the local market. There were 800 cattle on the market and trade was rather dull. Prices of cows, heifers, bulks, canners and cutters were steady, while common grades of steers were weak. Calves were steady, with 330 on the market. There was a top of sl3 on choice veals, while the bulk of that grade of calves sold at [email protected]. Sheep and lamb prices were steady, wit ha good demand and close to 600 sheep and lambs on the market. Choice ewe and wether lambs sold at $5.25.
HOGS. Best light hogs, ICO to 290 lbs. average .8.9.1 Over 300 lbs g§s 200 to 300 lbs 8.9047 9.00 Sows 8.90(0 9.00 Stags * S.tiOto 7.00 Best pigs, under 140 lbs s.oo® 8-75 Top 9.00 Bulk of sales s.oo CATTLE. Trime eornfed steer*, 1.300 „ 1.800 7.50® 8.50 Good to choice steers 1,200 to 1,300 lbs <5.75® 7.25 Good to choice steers, 1,000 to 1,200 lbs 6.50® 6.75 Good to choice steers, 1,000 to 1,100 lbs 6.00® 6.50 Common to medium deers 800 to 1,000 lbs 5.23® 5.75 —Heifers ana Cows— Good to cbolea heifers LOO® 8.25 Medium heifers 5.75® 6.50 Common to good heifers .... 5.00® 6.00 Good to choice cows 3.00 fa! 5.00 Fair to medium cows 2.00® 3.00 Cutters 1.75® 2.75 fanners 75® 2.J9 —Bulls— Good to choice butcher bulls. 4 50® 5.09 Bologna bulls 3.50® 4.75 Light bologna bulls 3.00® 3.75 Light to common bulls 3.00 .. . —Calves— Choice veals 11.50®)2.50 Good teals 9.00®10.00 Medium vials 7.00® 9 (H) Lightweight veals 5.00® 6.00 Cummon heavyweight veals.. 4.00® 5.00 —Stockers and Feeuefs— Good to choice steers, untie: - 800 lb* S CO® 6.09 Medium cows 2.00® 3.00 Good cows 8.09® 4.00 Good heifer* 5.50® 7.00 Medium to good heifers 4.00 l 5.00 SHEEP AND LAMBS. Ewes ... 2.00® 3.50 Bucks 150® 2.50 Choice owes and wether lambs 7.50® 8.23 Seconds 6.50® 7.50 Buck lambs 4.to® 5.00
Other Livestock
CHICAGO. Oct. 10. —Hogs—Receipts. 22,0011; market, active and 25 to 35c higher bulk, s7.s(l®s S3; top, $9: heavyweight. ss.is® 8.0: medium weight, $.8,654/9; light weight. sS.st>®,s 91; light light-, 88.1541 5.75; heavy packing sows, smooth. $7 35® 7.85; packing sows, rough, s7® 7.35; pigs. $7.754/- 4i>. Cattle—Receipts, 3,0*0; market, choice yearlings and best lights steady, others slow and lower: beef steers, choice and Prime. $e.75®11: medium and good, $6®9.85; good and < hoice. $ , '.55®.11.15; common and medium. $ 4.754/8.85. Butcher cattle, heifers, s3.sVi/920; cows, $2 504)6.75; bulls, $3.25 ®6.25. Canners and cutters, cows and heifers, $2.6/4'/2.5 ; canuer steers, s3® 3.50; veal calves 1 light and handy weight I $7,504/11; feeder steers, $3.75® G.oo; Stocker cows and heifers, $3,254/ 4.75. Sheep— Receipts, ,’2i.1X,0; market, killing grades generally steady; l'eders higher; lambs. (>4 II).*-. downtj $7,754/9.25; culls and common, $5®7..V); yearling wethers, $5,254/7.25; cm s. s3®s; culls and common. $150®2.75; breeding ewes, 3.50®6.00, feeder lambs, $3.254;7.75. CINCINNATI, Oct. 10.—Hogs-Receipts, 4.500; market strong to 25>c higher; heavies, mixed and mediums, $9.25; lights, $9; roughs. $7.50: stags, $5.75®6. Cattle—Receipts, 4,oh<(; market generally Weak; steers anil heifers. 2.5®50c lower; cows glead.v; bulls weak to 25c- lower; calves, $12.5)0. Sheep and latubs—Receipts, 1.000: market strong to 54’c higlmr; owes, $1®3.50; choice lambs, $9.50; seconds. $7.50; culls, s4®s. CLEVELAND, Oct. 10— Hogs—Receipts, 3,500; market, 104i.20c higher; yorkers, $9.10; mixed, $9.10; mediums, $9.10; roughs, $7.25; stags, $5.25. Cattle —Receipts, 1.0(H); market, steady; good to choice steers, SB4/9; good to choice heifers, ss>4;o; good to choice cows, s4® 4.50; bulls, s2® 5; milkers, $35®75. Cheep end lambs —Receipts, 1,200; market. 30 cents higher; top $9. Calves—Receipts, 400; market, 00 cents higher; top, $14.50. , EAST' ST. LOUIS, Oct. lO^-Hogs—Re-ceipts, 9.0(H); market, 15> to 25 cents higher; mixed am’ butchers, $5.70®8.95; good heavies, $5.704t8.90; roughs. $5.75® 7; lights, $8,754/8.05; pigs, $8.504!.,8.5.5; bulk of sales, $8.70® S.OO. Cattle—Receipts, 12,000; market, best cattle steady and other grades lower: native beef steers. SO4/10; cows, s4®o: stoekers and feeders, $54/6: calves, $10®10.50; cuntiers and cutters, $2®3.50. Sheep and lambs—Receipts. 1.500; market, steady; mutton ewes. $344 4; lambs, $8®8.50; caauers and choppers, slS|2. PITTSBURGH. Oct. 10—Hogs—Receipts. 6.800: market 70c higher; prime heavies, $0,404(0 50: mediums, $9.904410; heavy yorkers, $9.90® 10; light yorkers. $9.90® 10: *igs, $9,004/10: roughs. $74/8; stags. $4.50®5; heavy mixed. 9.604/9.75. Cattle—Receipts, 2,(HK); market steady; choice, SB4/38.75; prime. sß®*S.7s; good, $7,754/8.25: tidy butchers. $5.75® 6.50; common, $5,504/6; fair. $5.50446; common to good fat bulls, ss®6: common to good fat cows, $2.5)04/5.30; heifers, sC>@7; Iresh cows and springers, $.304/85: veal cows, sl4 ;*ln>nvy and thin calves, $5®S. Sheep and lambs—Receipts, 4.5(H); market steady; prime wethers, $5®5.23: good mixed, $4.25444.75; fair mixed. $3®3.50; culls and commons, sl@2; lambs, $9.50 down.
INDIANAPOLIS PRODUCE. Butter—Local dealers are paying 42@ 43c per lb for butter delivered in Indianapolis. Eggs—Loss off, 4067 tic. Butter —Packing stock, 18® 10c. Poultry—Fowls, 10<§! 25c; springers, 18@2Ce; cocks, 10@12c; young hen turkeys. 8 ins. up. 35c; young tom turkeys, 12 ins. up, 35c; old tom turkeys, 25c; cull thin turkeys not wanted: ducks, 4 lbs. and up, 176718 c, spring ducks, 3 lbs. ami un, 176718 c; geese 10 lbs. and up, lu®;l2e; squabs, 11 lbs. to the dozen, $4.50. Buttertat—Local deniers are paying 40c per pound for buttertat delivered in Indianapolis. CLEVELAND PRODUCE. CLEVELAND, Oct. 10—Butter—Extra in tubs, 51 %6i 52c; prints, 52%©53e; extra firsts, 50%Stole: firsts, 49%®50c; seconds, 40%(g41r; packing stocks, 23%® I'ju.e. Eirgs—Fresh gathered northern extras, 50c; extra firsts, 49c; Ohio firsts, new cases, 45c; old cases, 44e; western firsts, new cases, 42c. Poultry—Live heavy fowls, 24®2Ge: light fowls, 18® 20c: roosters, lse, springs, light, 20c; live spring ducks, 216 5 25 c. Potatoes —Jersey, $3.50 per sack of 150 pounds. Sweet potatoes, $1<5.4.25 per barrel; $1.75 per hamper. UNFILLED STEEL ORDERS. NEW YORK, Oct. 10.—In its monthly statement issueu today the United States Steel Corporation reports unfilled orders on its books ns of Sept. SO of 4,509,670 tons. This compares with 4,531.020 tons on Aug. 31, last, an increase of 2.8,744 tons.
Weather,
The following table shows the state of the weather at 7 a. m., Oct. 10, as observed by United States Weather Bureaus : Station. Bar. JTemp. Weather. Indianapolis, Ind,. 29.73 60 Cloudy Atlanta, Ga 30.04 54 Clear Amarillo, Texas .. 29.86 58 PtCldy Bismarck. N. D. .. 29.86 46 Clear Boston, Mass 29.94 56 Clear Chicago, 111 29.80 46 Clear Cincinnati Ohio .. 29.6S 60 Cloudy Cleveland, Ohio .. 29.58 54 Cloudy Lenver, Colo 29.96 50 Clear Dodge City, Kan.. 29.96 4 6 ClearHelena, Mont 30.20 52 Cloudy Jacksonville, Fla... 30.03 64 Clear Kansas City, M 0... 29.90 50 Clear Louisville, Ky 29.78 60 Clear Little Rock, Ark.. 29.90 54 Clear Los Angeles, Cal.. 30.00 60 Cloudy Mobile, Ala. ...... 30.04 56 Clear New Orleans. La... 30.04 64 Clear New Y’ork. N. Y... 29.88 54 Cloudy Norfolk, Y’a 29.98 56 Clear Oklahoma City .. 29.84 56 Clear Omaha. Neb 29.88 46 Clear Philadelphia, Pa... 29.50 54 Cloudy Pittsburgh. Pa. .. 29.66 58 Cloudy Portland. Ore. .... 30.06 44 Cloudy Rapid City, S. D..\ 29.98 60 Cloudy Roseburg, Ore 30.08 46 Clear San Antonio, Texas 29.92 60 Clear San Francisco, Cal. 30.06 56 Cloudy St. Louis, Mo 29.86 50 Clear St. Paul. Minn.... 29.76 36 Clear Tampa, Fla 30.04 68 Clear YVashington, D. C. 29.52 51 PtCldy WEATHER CONDITIONS. Since Saturday morning showers have occurred in the upper Mississippi Yaley and Lakes region, In connection with u depression now covering that district. It is warmer in eastern and sonthern sections and cooler from the middle Mississippi Y’aiiey northwestward, but no cold weather for the season is yet within the limits of observation. J. H. ARMINGTOJf, Meteorologist, Weather Bureau.
HEART BALM FOUND IN OIL Girl Drops Suit on Assurance of Wealth. DENY’ER, Oct. 10.—Miss Lucille Nemie, pretty Denver girl, forgot all about her broken heart, and the $23,000 "balm’’ required to mend it when she “struck it rich” in Oklahoma oil lands, and secured dismissal of a breach of promise suit against J. Howard Stark, wealthy Denver jeweler. The siut was dismissed by Judge J. C. Morley, in district court, upon the plaintiff's agreement to pay all court costs. Miss Nemic filed her suit against Stark early in 1920, and a flutter of excitement followed in smart social circles here when she admitted, during the course of a preliminary hearing, that she had been “friendly” with several prominent Denver men besides Starke. She denied, however, that this “friendship” was other than platonic. Questions asked by Starke’s attorneys in the preliminary hearing indicated that sensational testimony involving persons socially prominent might have been expected if the suit had come to trial. Recently, it is reported, oil in valuable commercial quantities ha3 been discovered on lands sin Oklahoma owned Jointly by Miss Nemic and her parents, and the pretty plaintiff decided to abandon her chase for heart-balin—and the accompanying punitive damages.
BLUE BULGARS PUT HIGH TAX ON SHORT SKIRTS LONDON, Oct. 10.—If one wants to be a belie or a sivell in the city of Bustchuk one has to pay for it. One may remember Rustehuk from the war nexvs. It is a flourishing town on the Bulgarian side of the blue Danube. The Roumanians crossed the river and took it one day. Two or three days later the Bulgarians cut off the fresh Roumanians and killed or captured all except a few who escaped by swimming back to the Roumanian side. Now many of the best society folks in Rustehuk wish the Roumanians had kept the town forever. They see no fun in blue laws that force them to pay heavy taxes for wearing anything but overalls and ginghams and threaten to convert Rustehuk’s most stylishly-dressed women into milkmaids, so far as clothes are concerned. The farmer government of the Province of Rustehuk has just enacted new legislation, telling the city folks in Rustehuk how to dress and how to act. The farmer majority says that it Is only trying to discourage extravagance and make the town dandies, male and female, bear the cost of government. The Rustehuk city folios say the new dress edict is only one episode in the tight between the peasant farmers of Bulgaria und the middle class of the cities, a peculiar form of warfare that followed the signing of peace and resulted in t v e establishment of a peasant cabinet under Premier Stambouliski, a burly farmer. A Rustehuk girl may wear her skirts ns short as she pleases—if she has the mazuma. But every girl whose skirt stops thirteen inches from the ground must pay 509 leva into the provincial treasury. After she has paid the 500 leva the sky is the limit, so far es the length of her skirt goes. If she carries a parasol she must pay 50 leva. Handtago are even more immoral and render the possessor liable to a tax of 2(0 leva. Earrings and necklaces publicly worn cost a tax of 300 leva. There is no tax on an ordinary wedding, but the gay couple that start married life with music nt the altar must pay 500 leva. Even a baby carriage is a luxury in the eyes of the Rustehuk farmer legislators and the owner must pay 200 leva. The horny-handed riustchuk soil tillers see no reason why any one should wear gloves, except to keep the hands warm. It is, therefore, provided that any person sporting gloves between the dates of April 13 and Sept. 15 must obtain a special license, costing 200 leva. To swagger about with a cane you must pay 100 leva, and there are still higher taxes for carrying watch charms or wearing finger rings. The possession of a pet dog is taxed 500 francs, and owners of private carriages or motor cars pay from 500 to 1,000 leva. The city dwellers are trying to have the legislation repealed. They say it is only designed to place the whole burden of taxation on the shoulders of the town folk. They say that if the Rustehuk provincial Legislature is sincere it will lay n heavy tax on swearing, drinking and wife-beating—virtues, according to the city dwellers, particularly characteristic of the Rustehuk farmers.
MRS. BURKETT IS CONFUSED AT BAR NEW YORK, Oct. 10.—Admission by Mrs. Emma Richardson Burkett, on trial charged with forging the name of the late Col. Theodore Roosevelt to a note for $69,000, that she did not actually know the bags in which she insists she carried her uncle’s legacy, contained gold, was drawn from her on cross-examination today. Assistant District Attorney J. R. Pooling forced the witness to admit she had never looked in but one of these fourteen bags supposed by her to contain $5,000 in gold each, but that she merely assumed that sum to be in each. She had been “assured” this was so. Mrs. Burkett also was questioned as to how the note transaction -was completed • how the note came to be dated June 21. 191 L She agreed this was unusual and could not explain it.
SUCCESS OF JOB | MEASURES WILL BE CONSIDERED Executive Secretaries of Unemployment Conference j.&£* Jake Inventory. SUMMARY OF RESPONSES WASHINGTON, Oct. 10.—Differences of opinion over wages and other controversial -objects may cause President Harding's unemployment conference to sidestep a possible deadlock by permitting all factions to present their views without allowing the conference to express its attitude views on this subject, it was learned today; Special to Indiana Daily Times and Philadelphia Public Ledger. WASHINGTON, Oct. 10.—The rapid manner in which the emergency measures recommended by the National Unemployment Conference are being put Into effect in various communities were to be described to the subcommittee of the conference which reassembled here today. The report of the progress was to be presented by executive secretaries of the conference who remained in YV ashington last week directing the emergency relief campaign. The preliminary recommendations have had the following response according to the summary of the secretaries. First—Mayors, emergency eommitteeß have been created and are actively working in thirty-one cities, including Philadelphia, Camden, YY'ilmington end Erie, with a score of other cities representing that organization are in progress of formation. Second—Conferences have -been held during the past week by the President, | Secretary Hoover and members of the conference, with the heads of the great national industries, including railways, coal and shipping from which have resulted definite steps undertaking to meet the tniergency in many practical directions. 3. Tlie active participation of the national commercial and employers’ associations has been assured in definite organization of their branches throughout the country to assist the mayors and to meet the situation generally. The United States Chamber of Commerce, the National Manufacturers’ Association, various regional and State associations have actively entered into the problem of organization and provision of work for the unemployed and assistance to the State and municipal authorities. 4. A number of cities have undertaken steps for the immediate advancement of local public works and for definite advancement of construction work in the community. 5. An office has been set up ,and Is at work in YY'ashington, under Col. Arthur Woods, to continue the stimulation and co-ordination of national. State and municipal agencies under the general direction of the unemployment conference. —Copyright, 1921, by Public Ledger Company.
HOOVER TO ASK CUTS V* IN RAIL RATES, WAGES WASHINGTON, Oct. 10.—The National Unemployment Conference, resuming its sessions today after a ten-day recess, will be asked by Secretary of Commerce Hoover to recommend reductions in both railroad rates and wages, as one of the permanent measures for relieving unemployment. | Hoover, who is guiding the conference, has come to Jhe conclusion that the business depression can not be relieved permanently until railroad rates are brought down from their high level. Railroad executives assert rate reductions are impossible under present operating costs and that wages must be cut. Hoover Is hopeful an agreement can be reache 1 through the conference to cut rates and wages simultaneously, CONFERENCE IN CRITICAL STAGE. The conference admittedly is entering its “critical period.” Representatives of capital are insisting that the march back towards prosperity is being held up by refusals of various groups of laborers to accept wage cuts. Organized labor, in conferences held during the last week, asserted capital has not shaken off “the war profiteering habit ” Price cuts can be made without inducing wages, labor holds. Hence interest at the conference is centered on whether a recommendation for wage cuts can lie pushed through. Samuel Gompers already has opposed several proposals along this line which have been submitted to the conference. Some organized labor leaders are ready to bolt tbe conference if the questions of reduced wages, the open shop and other controversial questions are pressed before the conference. WORKS LOR SETTLED ® MINE CONDITIONS. Meanwhile, Hoover is working to bring about settled conditions in the coalmining industry, dApite the refusal of John Lewis and other United Mine YY'ork-. ers’ leaders to agree to arbitrate the question of wage reductions when the national wage agreement under which union miners in the central competitive field are not work, expires next March. 4 Thirty-one cities have notified the conference of action taken to cooperate with it in its emergency recommendations. Hoover announced that many cities have inaugurated public works programs to prevent suffering this winter.
See Attempt to Gouge Guests at Big Parley WASHINGTON, Oct. 10.—Government officials are already taking steps to block the efforts of profiteers who had planned to gouge the foreign diplomats who attend the disarmament conference. One scheme had been to boost housing rates, but this has been nipped in the bud by the cooperation of big real estate firms with the Government officials who are seeking quarters for the various staffs of foreign attaches and clerks. STOLE TITANIC RELIC. PARIS. Oct. 10.—Florence Maddern. an English girl, has confessed that she stole a $15,000 diamond brooch from Mrs. J. J. Brown, an American visitor to Deauville. The brooch was the only valuable saved by Mrs. Brown, who was a passenger on the Titanic when it sank in 1912.
American T?ierHone & Telegraph Cos. 128th DIVIDEND A regular quarterly dividend of Two Dollars and Twenty-Five Cents per share will be paid on Saturday. October 15, 1921, to stockholders of record at the close of business on Tuesday, September 20. 1921. H. BLAIR-SMITH. Treasurer.
D3VEB3ANDHAM9I fA TASTE YOU CAN'T FORGET
