Indianapolis Times, Volume 34, Number 145, Indianapolis, Marion County, 28 October 1921 — Page 18
18
SPECIALTIES ON N. Y. ’CHANGE SHOW STRENGTH Railroad Strike Situation Has Good Effect on Stoek Market. OILS HOLD LEAD IN RISE Special to Indiana Dally Times and Philadelphia Public Ledger. By MONITOR. NEW YORK, Oct. 2S.—The stock market, although showing an increase in acti y, displayed strength chiefly among th specialties. The most striking advance of the day was scored by Pacific Oil, which advanced 3 points on a large turnover. Its affiliated company, Associated Oil, also advanced to about the same extent. Other issues in this group which were strong, were Union Oil anrl Standard Oil of California. The steels were helm-d by expectation of a favorable Bethlehem statement and United States Steel closed a fraction above 60. The stimulating news of the day, of course, was provided by the more favorable turn in advices concerning the railroad strike. The firm stand of the labor board carried the conviction in most quarters that an actual walkout would not take place, as it would be in defiance of Governmental authority and in the face of public sentiment. The rails as a rule held steady, but advances were fractional or barely over a point. Nevertheless, the undertone In this group was firm. Some improvement in traffic is reflected in the decrease of more than 23,000 in the number of idle cars. Aside from the relief that the railroad strike would not occur, sentiment in a..' markets was more or less confused. Commodities particularly showed decided irregularity. Wheat closed somewhat lower. Coton oiened off and then advanced. The only exhibition of a decided tendency was in the coffee market where a sharp advance took p'ace.—Copyright, 1921, by Public Ledger Company.
WAUL street gossip by monitor. Interest in the trading was divided between the proceedings at Chicago and the statement of the Bethlehem Steel Corporation, which was made public after the close. In anticipation or the favorable exhibit, the steel stocks were strong and active in the last Hour, U. S. Steel crossing SO, while Bethlehem B. at 54% closed at the best rrices of the day. Pres‘dent Grace :n his remarks to stockholders at the Bethlehem Steel meeting. said earnings for the third quarter, as for the previous quarters of the year, were in excess of dividend requirements. Orders on hand as of Sept. 30. he valued at $70,000,000, as compared with $84,000,000 June 30. Total plant operation is about 40 rer cent clue in large part to the activity of the tin plate and sheet mills. He declared r.o important expansion is possible until the railroads have money to buy needed materials, and the present wage scale in the building trades is reduced. Fuel costs, both labor and transportation, must be reduced, he said, before the steel Industries can experience any considerable increase in activity. The regular dividends of 1% per cent were declared ou the A and B atockx. * * During the early part of the day, the market was subjected to professional pressure o:i unfavorable reports of the strike. When covering began. Pacific 0:1 was made the leader and advanced more than 3 points to anew high record. The advance was accompanied by a re port that an increase in the dividend rate has been decided upon although confirmation could not be obtained. Royal Dutch was firm on a semi- offteul statement that the company has prepared plans for the construction of .pipe.lines from the properties of the General Asphalt Company in Venezuela. General Asphalt was comparatively weak, and traders report'd that profit taking sales for the speculative group which handles its market were in evidence. * * • It was gossip in certain banking offices that the plan for financing the United States Food Products Company had been abandoned. There are reports that an investigation by bankers interested led them to withdraw. *• Officials of the United States Rubber Company denied any intention of reducing the prices of their products, and branded as false, reports that tire prices were to be reduced by the larger makers. The PennsyfVuilia Rubber Company announced it will establish a lower price list Nov. 2. • * * The report of the Gulf State Steel Company for the quarter ended Sept. 30, shows an operating deficit <>f $44,648, and after all charges, a deficit of $131,534. ¥ * * The cooper market which has been practically without feature fir more than a week, became suddenly weak and there was liberal offerings of the metal at 12% cents and for delivery through January at 13*4 cents. The foreign demand has not developed as had been expected by mine operators. The Shattuek Arizona Copper Company whose mines are closed reported for the qtntrier ended Sept. 30 itc-t expenses of $45,<137. * * There are persistent reports of a merger of steel companies, which, however, lack official confirmation. The reports Include the Youngstown Sheet and Tube Company. Republic Iron and Steel Company, Inland Steel Company. Lackawanna Steel Company and Midvale Steel and Ordnance. Firms which specialize in the steel stocks admit that seme such organization might be perfected, but profess to have no positive knowledge concerning it.—Copyright, 1021, by Public Ledger Company. | In the Cotton Market NEW YORK. Oct. 28.—The response by cotton prices to the ending of the railroad strike threat was an advance of 10 to 15 points at the opening of the cotton market here today, attended by considerable buying for Wall street account and local coverings. Strength in securities and the cotton futures at Liverpool a tided to the improved dealings and the list retained its gain during the first fifteen minutes of trading. New York cotton opening prices: December, 19 30c: January, 19.17 c; March, 18.98 c; Slav, 18.51 c; July. 15.02 c. The market showed a heavier tone In the last hour. The close was steady at net decline of 10 to 22 points. --Cotton Futures —• Open. High. Low. Close. January 19.17 19.28 18.81 18.82 March 18.98 19.10 18.69 18.73 Slay 1.9.51 18.65 18.28 18.30 July ' 18.02 18.10 17.80 17.50 December 19.30 19.41 18.95 19.03 —COTTON REVIEWNEW YORK, Oct. -28.—The cotton market actPd in a rather disappointing way, eonkideriug the fact that the proposed railroad strike was regarded very seriously by the trade and it being frequently reported that trade in cotton •was withholding purchases until there was greater certainty as to the outcome of this controversy. The market gamed moderately in the early trading, lut encountered liquidation la sufficient volume to check the rising tendency and give the market a reactionary appearance. Spinners' takings for the week are again considerably larger than the corresponding week last year and this wifuld In itself suggest a satisfactory trade in spinning circles. There Is still more or less doubt as to the size of the crop, but this will hardly be a factor until we are nearer to the publication of the final estimate of the agricultural department. In the meantime, we expect a good traders’ market, with fairl? wide fluctuations and on the reactions from the existing level we would regard purchases as the safer course. LIVERPOOL, Oct. 2S.—There was moderate trade in spot cotton at the opening today. Prices were steady and sales around 8,000 basts. I American middlings fair, 14.97d; good I -iddlings, 13.17d; full middlings, 12.72d; | ’.(ldlings, 12.32d; low middlings, 11.12d; I > ordinary, 9.82d; ordinary. 9.07d. I "Ufares opened quiet.
N. F. Stock Exchange (By Thomson & McKinnon.) —Oct. 28 — I’rev. High. Low. Close, close. Allied Chem.... 47 40Vi 46% 46% Ajax Rubber.... 21*4 21*4 21% 21 Allis-Chalmers.. 34*/a 33% 34% 33% Am. Agri 32 31% 32 31% Am. 15. Sugar.. 27% 27% 27% 27 Am.B. Mag. Cos.. 36 35 % 36 33% Am. Car. & Fy.131% 129% 131 130% Am. Can 28% 27 28Vi 27% Arn.H. & L.eom 11% 10% 10% .... Am.H. & L.pfd. 52% 52 52% 53 Atlantic Pete... 22% 22 22 21% Am. Int. Corp.. 35% 33% 35% 33% Am. Linseed .. 24% 24 24 .. .. Am. Locomotive 92% 91% 92Vi 91% Am. Smelt. Ref 39% 38% 39 37% Am. Sug. Kef... 54% 53% 53% 53 Am. Sum. Tot). 37% 36% 36% 36% Am. Stl. Fdy... 25% 25 25% 24% Am. Tel. & Tel. 108% 108% 108% 108% Am. Tob 126% 125% 120% 125% Am. Woolen ... 77% 76% 76% 76 A. C 0... 41% 40% 41% 40% Atchison 86 85% 86 86 Atl. Gulf WI. 31% 30% 31% 30% Baldwin L0c0... 91% 90% 90% 90% B. & 0 38 37% 37% 37 Bethlehem S. (B) 56% 55% 05% 04% Cal. Pete 43% 46% 43 42% Canadian P. R. 113% 112% 113 112% Central Leath... 29% 28% £9 29 Chandler Motors 45% 44% 45 44% C. &O. ........ .to % 50% 5a% 04% Chi, M & St. P. 25 24Vi 24% 23% C, M & St. P pfd 38% 37% 35% 37% Chi. & North... 69% 67% 68% 67 <7 RI & Pac... 33% 32% 33% 32% Chili v pper 12% 12 12% 11% Chino Copper... 26% 25% 26 25% Coca-Cola 39% 38% 39 38% Col. Fuel & Iron 24 23% 24 Columbia Gas.. 62% 02 62% 62% Columbia Graph. 3% 3% 3% 3% Cons. Ga 5...... 91% 91 V a 91% 91% Cont. Can 48 40% 47 Cosden Oil 34% 33*% 33% 33% Corn Products.. 52% 81 82 21% Crucible Steel.. 66% 65 65% 64% Cub. Am. Sugar. 14% 14% 14% 14% Cub. C. Sugar.. 7% 7% 7% 7% Del. & Hudsonlo2 102 102 101 Del. & Lack.... 107 106% 100% 106% Erie 12% 12% 12% 12% Erie Ist pfd.. IS% 18% 19% Fain. Players... C 5 63 64 % 63% Fisk Rub. Cos.. 11% 11 11 Gen. Asphalt... 62% 59 61% 58% Gen. Electric ..134 130% 134 130 Gen. Motors... 10 9% 9% 10 Goodrich 32% 32% 32% 32% G. Nor. pfd 72% 71% 72% 70% G. Nor. Ore 31% 30% 31 30% Houston Oil 79% 77% 78% 78 Haskell Barker. 71% 69% 70% 69% Illinois Cent 97 97 97 98% Aspiration Cop. 36% 35% 36% 35 Indiahoma 3% 3% 3% Invincible 0i1... 11% 11 11% 11% Int. Harvester.. 78% 77% 78% 77 Int'l Nickel .... 14 13% 13% 13% Inter. Paper.... 55 55% 54% 54% IsL Oit & Trans. 3% 3% 3% 3*4 K. C. South 25 24% 24% 24% Kelly-Spring. .. 42% 42/ 42% 42 Rennecott Cop.. 23 22% 22% 22% Laek’wana Steel. 42% 40% 42% 40% I.ehigh Valley.. 55 54 % 55 54% Lee Tire 28 2S 28 27% Loews lac 14% 13% 13% 13% Loft Candy 9% 9% 9’, L. & N 107% 107% 107% May Store.’ 87 86 . 86% 85% Marine pfd 48 47.%* 48 46% Mont-Ward 19% 19 19 . 19 Mex. Pete 106% 104% 100% 104% Miami Copper.. £3% £2% 23 22% Mid. S. Oil 11% 13% 14*4 13% Missouri Pa 20 19% 19% 19% Missouri I*. pfd. 43% 42% 42% 41'% Nat. E. A- S 42% 41 42 Nevada C. Cop. 12Vi 12% 12% • 12*4 N. Y. Central.. 72% 71% 72% 71% New Haven 14% 14 14% 13% Norfolk. &. West. 95% 05% 90% OilNorth. Pac 75 73% 74% 72% Ok. P. & K. Cos. 2% 2% 2% 2% Pac. Oil 47% 46% 46% 46% Pan. Am. Pet.. 46% 45% 46% 45% Peuna. Ky 36% 36 36% 35% People's Gas . 53% 52 53% 5," a Pierce Arrow . 16% 15% 15% 15% I’. Marquette . 19% 19 39 18% Pitt-burgh Coal 60 59 % 59% 60% I*. Sr-el Car . 61% 61 61 61 Pull. Pel. Car.. 105 101% 102 10*1% Ity. Steel S. .. 85 85 85 Pure Oil 3i% 33% 33% 33% Reading 70% 69% 70 C 9 s Itop. I. & Steel 51% 49's 50% 49% Rep. Steel 24% 24 24 24 It. I), of N. Y. . 48% 46 48% 45 Sears Roebuck . 89% 67% 68Va 68 Sinclair 24 231% 24 23 Sls.-Shf. S2 AI. 39 38% 39 38 South. Pacific.. 79% 78% 79% 7SV4 Southern Ky.... 19% 19% 19% 19V4 St L& S W Ry. 23% 23% 23% 22 Std. Oil. N. J. .152*4 150-g 152% 150% St LA S F com. 23% 22% 22% £2 Stromberg Carb. 34 31% 33% Siudcbakcr .... 77*4 74 % 76% 75 Tex. Coal A Oil. 20% 25% £6 20% Texas Cos 42% 41% 42% 41% Tex. A Pac 23*.8 22*j 22% 22.’, Tobacco Prod.. 65% 63% 64% 65 Transcont. Oil . 9% 9% 9% 9% Union Oil 24 23% 23% 23% Union Pac 121 119% 110% 119% i'n. Ret. Stores. 53% 51% 52% 02% U. S. Food Prod. 13% 11% 12V* 12% United Fruit C 0.113% 112% 113% 112% Unit. Drug 03% 03% C3% 62% U. S. Ind. Alco. 47:i 47 47% 47 IT. S. Rubber... 50% 49% 50% 50 I'. S. Steel 81% SO 81% 80% U. S. Steel pfd. 110% 110*4 110% 110% Utah Copper .. 56 54*4 55% 54 Van. Steel 33*4 32 33% 32% Wabash 7% 7% 7*4 Wabash Ist pfd. 21 29% 21 19% W. Maryland 9% 9% 9% 9 West. Union.... 85% 84% 85% 84% West. Electric.. 45% 45% 45% 45% White Motors... 36% 36% 30% .... W-Overland .... 6 6 6 6 Wilson A Cos.. 36 35 35 36 Worth. I’ump.. 41% 41% 41% Wooiworth 119% 119% 119*# 119*4 While OU 14% 13% 13% 13%
•Ex-dividend. NEW YORK LIBERTY BONDS. —Oct. 2S —■ Prev. High. Low. Close. Close. Liberty 3%s 92.64 92.43 92.44 92.54 Liberty 2d 4s 92.50 92.52 Liberty Ist 4>is. 03.38 93.14 93.38 93.10 Liberty 2d 4*45.. 92.82 92.58 92.80 92.54 Liberty 3d 4%5. 95.00 94.94 95.00 94.90 Liberty 4th 4*%s 93.18 92.81 93.06 92.84 Victory 3% s 99.62 99.58 Victory 4%s ... 99.64 99.58 09.00 99.58 UT.ICAGO STOCKS. (By Thomson & McKinnon.) —Oct. OSOpen. High. Low. Close. Armour pfd 91% Carbide & Carbon. 43% 44% 43% 41% Libby 8% 8% 8% 8% Mont.-Ward 1!) 19% 19 19% National Leather.. 6% 6% 6% 6% Stewart-Warner .. 24% 24% 24% 24% Swift & Cos 97% 99 99% 99 Swift International 24% 26*% 24% 24% NEW YORK SUGARS. NEW YORK, Oct. 28. —Refined sugar was steady 011 the market here today. Fine granulated was quoted at 5.20(05.300 per pound and No. 1 soft at 5.30 c p:r pound. Raw sugar values were firm, Cubas selling at 4.11 c per pound, duty r aid, and Porto Ricos at 4.06 c per pound, delivered. * Local Curb Market (By Newton Todd) —Oct. 27 Amer. Hominy com .. 16 Burdick Tire and Rubber ... 1 1% Central and Coast Oil , 1 2% Choate Oil Corp 1 2 Columbian Fire Ins t Cos 0 7% Comet Auto 1% 2% Dayton Rubber Units 63 70 Elgin Motor Car 3% 5 Federal Fin. Cos. pfd 75 85 Fed. Fin. Cos. com 120 128 Gt. So. P. & R. Units 5% 6% Hurst & Cos., pfd 42 62 Hurst & Cos. com 1 1% Indiana Rural Credits 49 62 Metro. 5-10 c Stores com 9 12 Metro. 5-50 e Stores pfd^_..... 27 3* Revere Motors % % Kauch & Lang Units 45 53 Rub-Tex Units .15 17 Stevcns-Duryea Units 42 50 IT. S. Automotive Unit* 90 100 U. S. Mtg. Cos. Units 172 BANK STOCKS. Commercial Natl. Bank 71 81 Continental Natl. Bank 110 118 Indiana Trust Cos .....ITS 100 Indiana Natl. Bank ...260 270 Merchants Natl. Bank 280 Security Trust Cos ISO State Savings and Trust...,. £9 p Wash. Bank and Trust C0....150 ~ TANK WAGON PRICES. Indianapolis tank wagon price* for gasoline today were: Red Crowa, 19.6 c per gallon; Silver Flash, 231-3 c: Keystone. 23%c. Perfection kerosene Is selling at H%c.
STOCK MARKET CLOSES STRONG Royal Dutch Features Oils— Rails Show Strength. NEW YORK, Oct. 28—The stock market closed utrong today. Although some issues soli off under profit-taking, the greater part of the list showed continued strength in the final trading and many issues closed at the top. ,Steel common rose over 1 point to Rt%. Royal Dutch featured the oils, with a gain of over 3 points to 48*%. General Asphalt also improved about 3 points. General Electric rose 4 points to 134. Studebaker was up over 1 point to 76%. Rail issues also showed strength. Sale 4 of stocks were 1,063,300 shares; b* uub, $13,995,000. (By Thomson A McKinnon.) —Oct. 28 — Responsive to the splendid overnight news as to the contemplated action of the railroad brotherhoods, the market was favored today with the best volume of business in some time. The buying was largely of a public character, coming from all commission houses and from various sections of the country. The rails responded with higher prices, but soon encountered some profit-taking sales, ns well as a little pressure from the professional element, who acted on the theory that as freight rates will likely be reduced, while wages will remain where they are for possibly the greater part of the year, that the effect will naturally be bearish on the rails. But thev overlook the all-important point that every step toward business expansion and freight rate reductions is certainly an important step in this direction, and will be beneficial to the railroads as well as to industry, because it will mean increased traffic and this will offset any temporary disadvantage in the expense account. The Industrial department of the market continues in favor. The oils were still fn demand. Some of them established new highs, on this more. . , , The copper stocks were in -demand and the same may be said for many of the equipments and a good many special's might have been expected, there was a good deal of profit taking, which is usually the case upon the publication of good news. Furthermore profit taking is to be expected at frequent intervals. This helps to maintain the market in a sohr.d technical position. We continue to look upon the market with favor and would take advantage of all reactions to purchase stocks. TWENTY STOCK. AVERAGE. NEW YORK. Oct. £.B.—Twenty Industrial stocks Thursday averaged 72.(8, up 51 per cent. Twenty active rails averaged 72.20, up .74 per cent. LEAKING HOUSE STATEMENT. NEW YORK. Oct. 23.—Exchanges, 55J2.500.000; balances, $56,300,900; Federal Reserve Bank credit balances, $41,760,000. Money and Exchange Indianapolis bank clearings Friday were $2,304,000, against $2,337,000 tor Friday of the week before. NEW YORK, Oct. 25.—The foreign exfliango Liiirk*t oiK'iied v.euk today with demand sterling !%•: lower at $3.51* j. Francs yielded 2% centimes to <.52*->-for cables and 7.2‘2%0 for checks. Lire cables were 3.93%c; checks, 3.92%e. "Belgian francs cables were 7.10 c; checks. 7 09c Marks were ,0053 c. Guilder cables were :14.00c; checks. 33.9,'5c. Sweden kronen cables were 22.93 c; checks, 22.9uc.
NEW YORK CALL MONEY. NEW YORK, Oct. 28— Money: Gall money ruled 6 per cent; high, 6 per cent: low. 5 per cent; time rates steady, ail 5%@5.4 per cent. Time mercantile paper* steady. Sterling exchange was steady, with business in bankers’ bills at $3.92 for demand. MOTOR SECURITIES. (By Thoms m A McKinnon) Oct. 28Bid. Ask. Briscoe 0 40 Packard com 5 5% Packard pfd .>9 Peerless *’s% Continental Motors com •>% % Continental Motors pfd 79 M Hupp com H *l% Hupp pfd... 92 l'*Iteo Motor Gar 18 I;,** Elgin Motors ’>; 7% Grant Motors 1% ~ Ford of Canada - j2 International Motor com -8% National Motors - •* Federal Truck 11 *4 Paige Motors H',4 1” Republic Truck * ACTIVE OIL STOCKS. (By Thomson A McKinnon.) —Oct. 28— Anglo-American Oil 18 _ 18*4 Atlantic Lobos 10% H Borue-Scrymser s.. .34** 360 Buckeye Pipe Line '...83 8-> Chesebrough Mfg. Cons b>o 170 Continental Oil, Colorado ....120 125 Cosden oil and Gas ./ 5% 6% Crescent Pipe Line 28 39 Cumberland Pipe Line 130 140 Elk Basin Pete 6% 0% Eureka Pipe Line $6 89 Galena-Sigual Oil, pref 85 90 Galena-Signal Oil, com 46 49 Illinois Pipe Line 16*1 167 Indiana Pipe Line 80 85 Merritt Oil 10% 11 Midwest Oil 2% 3*4 Midwest Ufg lrn 155 National Transit 28 30 New York Transit 147 152 Northern Pipe Line 91 95 Ohio Oil 278 283 Oklahoma P. A It 4% 4% Penn.-Mex 25 30 Prairie Oil and GaS 530 550 Prairie Pipe Line 198 203 Sapula Itefg 3% 4 Solar Refining 370 390 Southern Pipe Line 83 87 South Penn Oil 225 230 Southwest Penn Pipe Lines.. 55 59 Stnadard Oil Cos. of Ind 78% 79% Standard Oil Cos. of Ky 400 420 Standard Oil Cos. of Neb 175 190 Standard Oil Cos. of N. Y 335 340 Standard Oil Cos. of Ohio ....370 390 Swan A Finch 30 40 Vacuum Oil 280 £BS Washington Oil 30 40 NEW YORK CURB MARKET. (By Thomson A McKinnon.) —Oct. 28. —Closing— Bid - sk Acme Packing 85 9U Curtis Aero, com 1% 2 Curtis Aero, pfd 10 16 Goldfield Con 5 7 Havana Tobacco 2 Havana Tobacco pfd 8 Jumbo Extension 4 7 Imperial Oil (Del.) S 8% International Petroleum .... 15% 15% Niplsslng 5 5*4 Standard Motors 4% 4% Salt Creek 13 13% Tonopah Extension I*4 1% Tonopali Mining 1 5-10 1 7-10 United I* S new 1 3-16 I*4 IT. S. Light and Heat 1 5-16 1 7-10 U. R. Light and Heat pfd. .. 1% 1% Wrlght-Martin 2 5 Yukon Gold Mine Cos •% 1 % Jerome 12 29 New Cornelia 14 Vi 15% United Verde 20 27% Sequoyah 6 ]0 Omar Oil 95 97 Rep. Tire 15 25 NEW YORK METAL MARKET. NEW YORK, Oct. 28.—Copper—Quiet: spot, October and December, offered 12%e. Lead—Quiet: spot, October and December, offered 4%c. Spelter—Easy; spot, offered 4.00 c; October, November and December, 4.37%04.57%c. —i NEW YORK COFFEE. NEW YORK, Oct. 28.—Coffee was firm on the exchange here today. Opening options were 2 to 19 points higher. Rio No. 7 on spot sold at 8%@8%c per pound. NEW YORK RICE. NEW YORK, Oct. 28.—Rice values were steady in trade on the market Imre today. Domestic rice sold at 3%0 7*4c per pound. NEW YORK HIDES. NEW YORK, Oct. 2S.—Hide values were steady in trade on Wie market here today. Native steer hides sold fit 14%e per pound and branded steer hides at
INDIANA DAILY TIMES, FRIDAY, OCTOBER 28, 1921.
Local Stock Exchange —Oct. 2S~ STOCKS. Bid. Ask Ind. Ry. A Light com 60 Ind. Ry. A Light pfd 75 Indpls. A S. E. pfd 75 Indpls. A N. W. pfd 73 lupdls. St. Ky 36% ... T. H„ I. A L. pfd 50 T. H„ I. A E. pfd 15 T. H., I. A E. com 5 U. T. of Ind. com 1 V. T. of Ind. Ist pfd 7 U. T. of Ind. 2d pfd... \ 2 Advance-Kumley com Advance Kuiuely pfd Am. Creosoting pfd 91% ... Am. Central Life Belt R. R. com 38 65 Belt R. R. pfd 43 Century Bldg. Cos. pfd ** Citizens Gas Cos 2234 ... Dodge Mfg. Cos. pfd. 85 Home Brewing 53 . , #1 Ind. Hotel com 60 . Ind. Hotel pfd 9? linl. Nat. L. Ins. Cos 3% ... Ind. Title Guaranty Cos 50 ~.. Ind. Pipe Lines ... Indpls. Abattoir pfd 46 60 Indpls. Gas 41 ... Indpls. Tel. Cos. com 2 Indpls. Tel. Cos. pfd 90 Mer. Pub. Util, pfd 42 52 Nat. Motor Car Cos Pub. Sav. Ins. Cos 4% ..* Itauh Fertilizer pfd 40 Stand. Oil of Indiana ... Sterling Fire Ins. Cos 6% 7% Van Comp lldw. pfd ... Van Camp Prod. Ist pfd Van Camp Prod. 2d pfd Vandalia Coal Cos. com 5 Vanda)ia Coal Cos. pfd 5 10 Wabash Ry. Com Wabash lty. pfd ... BONDS. Broad Ripple 5s 60 Citizens St. Ky. 5s 71 Indian Creek Coal A Mine. ... 100 Ind. Coke A Gas 6s 89% Indpls., C. A South. 55.... 90 ... Indpls. A Martinsville 55... 50 ~. Indpls. Noriiurn 5s 38% 43% Indpls. A N. W. 5s 50 * Indpls. A S. E. 55., ... 43 Indpls. S. A si. E. 5s 75 Indpls. St. Ity. 4s 47*% 57% Indpls. T. A T. 5s Inu. Coke and Gas 0s 92 T . H. I. A E. 3s 40 U. T. of Ind. 6s Citizens Gas Cos. 5s 75 80 Indpls. Gas 5s 73% $0 Kokomo, M. A W. 5s 77 ... Ind. Hotel Cos. 2d s 93 Indpls. Light A Heat 65.... 76 SI Indpls. Water Cos. 4%s 67 74 Indpls. Water Cos. 5s 90 92 Mer. H. A L. 5s 90 New Tel. Ist 6s 9t ... New Tel. L. D, 5s 03% ... Sou. Ind. Power 5s 89% LIBERTY BONDS. Liberty first 3%s 92 28 .... Liberty first 4%s 93.24 .... Liberty second 4%s 92.40 92.80 Liberty third 4*4 s 91.78 95.0$ Liberty fourth 4%s 92.78 93.08 Victory 3%s 99.40 99.70 Victory 4%s 99.40 09.70 —Sales—--10 shares Indianapolis St. Ry. at.... 37 10 shares Indianapolis St. Ky. at.... 36% New York Bomb (By Fletcher American Co.l FOREIGN GOVERNMENT BONDS. —Oct. 28Bid. Ask. Arg. (unlisted) ss, Sept. 1. *45 66% US Belgian 6s, Jau. 1. ’25 91% 95 Belglau 7%5. June 1. ’45 10 > 4 101*4 Belgian 8s Felt. 1. ’4l UK) 100% Berne Bs, Nov. 1, ’45 104 105 Chile Ss, Feii. 1, ’4l 98% 99% Chinese (Ilg.lty.) ss. June. ’sl 46 47 Christiania 8. Oct. 1. *45 102 jo:i Copenhagen 5%5. July 1. '44.. 81 82 Danish Man Bs. l’eb. 1. ’46..10.'; 104 Denmark 8q Ocr. 13, ’45 U)3% 10344 •Canadian u's, Dec. 1. 22.... 90% 91 % •Canadian 5%5, Nov. 1, 23.... s:>% poi* •Canadian B%s. Nov. 1. '21.... so % •Canadian ss, Dee. 1, "25 86% 87a, Canadian 5s Apr. 1, ’.6 93% 94% •Canadian 5%5, Dec. 1, ’2*7.... ss% 89% Canadian 5%*, Aug. 1. ’29.... 95% 95 i Canadian 5-', Apr. 1, ’3l )2% 93 s •Canadian ss, ort. 1 '3l s)% s-,% ’Canadian 5%5. Nov. 1. 33.... 88% 90% •Canadian o%s, Nov*. 1, ’31.. 86 87 % Canadian ss, Mch. 1, ’37 89% 90 "Canadian sDec. 1. ’37.... pn 91% •French (Viet.) ss, Opt., ’31.. 45% 47*j •French 4s. Opt., ’43 45 47 •French (Prom.) ss, Issue ’2*o. 125 67 •French 6s, Opt, ’3l tit; t;s French Bs, Sept. 15, ’45 99% UK) •Italian (war) 5s 29 33 Jap ( first ( *%s, l est. 15, '25.. 85% 85% Jap ( ..■■•ond) 4%n. July 10, 25 .S3 85% Jap 4s, Jail. 1, '.‘ll 07 70 •Internal loans. Norway Bs. Oct. 1, ’4O 101% 105 Russian o%*. June IS. T 9 12 14% Russian s*s, Dec. 1. '2l 11 11% •Russian 5%5, Feb. 11, ’26.... 3 6 Sao Paulo Bs, Jan. 1, 97% 97% Swedish (is, June 15, '3O 91 % 91% Swiss 5%5, Aug. 1. 20 93 93% Swiss Bs. July 1, 19 U)7j6 U).s% C. K. 5%5, Nov. 1, '22 98% 99*, U. K. 5%5, Aug. 1, ’29 92 % 93% U. K. 5%5. Fob. 1. ’37 90 #6% •rr.K. (Viet.) 4s. Issue 519 203 309 •U.K. (war loan) ss. 00t.1,'22.300 407 •U.K. (war loan) Ss.Feb.l, ’29 382 394 Zurich Bs. Oct. 15, ’45 105 10*1 Brazil B%s 99% 99'/, French 7%s 91 94% Uruguay B%s 95% 99% Argentine t es 99% 00%
CORPORATION BONDS. . Bid A-k. Alum Cos. of Am. 7s, Nov. *25 99% 09% Am. Cotton Oil os, Sept. 2. ’24 93 94 ‘ Amer. Tel Os. Oct. '22 99% 1 o Amer. Tel. os, Fell. '2l 98% 99% Amer. Thread 6s, Drc. ’28.... 97% 95% Amer. Tob. 7s, Nov. ’22 101 101% Amer. Tob. 7s ,Nov. ’23 101% 101% Anaconda 6s, Jan. ’29 92% 92% Anaconda 7s, Jan. '29 97% 97:* Anglo. Am. oil 7%5. Apr. ’25.102% 162% Atlantic Ref. 6%s,’.Mcli. '31...102% 103 801 l Tel. of Can. 7s, A;>r. '25 97% 98% Bet’u. Steel 7s, July l.i. ’22.100% 100% Beth. Steel 7s, July 15, '23... 99% 9:1% Can. Pacific os, Mch. 2. ’24... 99 99% Cent. Arg. Ry. 6s, Feb. ’27.. 86% 87 C., R I. & P. 6s, Feb. ’22. 9'.)% 100% Con. Gas Bs, Dec. ’2l 109 iu>% Copper Exp. Ss, Feb. 15, '22.100% 101% Copper Exp. Bs, Feb. 15, ’23..101% 191% Copper Exp. Bs. Feb. 15, '24 ..101 Vi 101% Copper Exp. Bs, 15. ’”5 102 102% Cudahy 7s, July 15, '23.... 99% 100% Fed. Sugar 6s, Nov. '24 95% 90% Goodrich 7s, Apr. '2.5 05% 95% Gulf Oil (is. July, '23 99% 99% Gulf Oil 7s Fein ’.’!3 i ,N i r s 101% Hocking Val. Cs, Mch. '24... 96 90% Humble Oil 7s, Moll. 15, ’23... 98% 98% lilt. It. T. 7s, Sept. ”21 73 75 K. C. Term 6s, Nov. 15, ’23... 98% 98% Kenn. Copper 7s, Feb. '30... 9S 98% Laclede Gas 7s, Jan. '29.... 93 93-% Lig. A Myers 6s, Dec. ’21....100% 100% Procter As G. 7s, Mch. ’22... .1(8)% 101 Proctor & G. 7s, Mch. ’23....101 101% Pill). Ser. N. J. 7s, Mch., ’22.. 98 % 08% It. J. Reynolds 6s, Aug. '22..10% 100% Soars Roebuck 7s, net. 15, ’22 99% 100 Sears Kocsbuck 7s, Oct. 15. ’23 09% 90% Sinclair 7%5, May 15, '25... 93% 04% Solvay & Cie Bs, Oct. ’27 I<M)% 101% Southern Ky. 6s, Mch. ’22.... 99 99% S. F. Bell 7s. Apr. ’25 99 99*, Stand. Oil (Cal.) 7s. Jan. ’31.104% 105 S. Oil (N. Y.) 7s, Jan. ’25-’31.102% 107*% St. P. U. I). 51/jS, Dec. 15, ’23 98% 08% Swift 7s, Oct. 15, ’25 99% 101% Texas Cos. 7s, Mch. 1,’2,3 100% 101% Utah Sec. 6s, Sept. 15, ’22.. II",% 94 Western El. 7s, Apr. ’25....101% 101% Westinghouse 7s, May, ’31.... 102% 103% CHICAGO PRODICE. CHICAGO, Oct. 28.—Butter—Receipts, 6.000 tubs; creamery extras. 465; firsts, 36%@44%e; packing stock, 23@24c. Eggs —Receipts, 2.G6S cases; currents receipts, 47@ l9c; ordinary firsts, 42(i/45c; lir>ls, 49@50c; checks, 2Cf(tj2Sc; dirties, 28(7/309. Cheese—Twins (new), 20(5>20%c; dairies, 21%(f?22e; Young Americas, 20%@21c; longhorns. 21@:Jl%c; brick, 22c." Live poultry—Turkeys, 28c; chickens. 18c; springs. £oe; roosters, 14c; geese, 20c; ducks, 23c. Potatoes—Receipts, 90 cars; Northern Whites, per 150-lb. bag; Red Rive s and Ohios, [email protected]; Idaho Russets, [email protected]. CLEVELAND PRODUCE. CLEVELAND, Oct. 28.—Butter—Extra, in tubs, 51@51%c; prints, 52(%52*/.c; extra firsts, 50(7)30%e; firsts, 49049%c: seconds, 40@40%c; packing stock, 24@25c. Eggs—Fresh gathered, northern extras, 50c; extra firsts, 53c; Ohio firsts, new cases. 50c; old cases 49c; western firsts, tied cases, 46c. Poultry—Live, heavy fowls. 31020 c; light, fowls. 15@18c; roosters, loq; light spring, 16@17e; live spring ducks/ 25@27c; turkeys, 35@38c. Potatoes—Jersey. $3.4003.50 per 139-lb. bag; sweety, $3.2503.50 per barrel, $1.60 per ham par.
GRAIN OFFERINGS AREVERYLIGHT All Values Touch Higher Marks—Provisions Irregular. CHICAGO, Oct. 28—The calling off of the threatened railroad strike, coupled with scant offering of grain, caused prices to advance ou the Chicago Board of Trade today. 'Many dealers who have held off purchases during the last week went into the market causing sharp increases ia prices. Provisions were irregular. Decembe 1 * wheat opened at $1.07%, up lc and closed l%c higher. May wheat opened up %e at $1.11*4 >* n( i dosed up December corn opened up %c at 48c and closed lc higher. May corn opened at 53%c up %c and closed up lc. December oats opened up %c at 53%e and closed up another %c. May oats opened at 38e, up %c and closed up %c. , (By Thomson A McKinnon) ——Oct. 28Wheat —The strength in wheat today has been derived from an absence of offerings and not from any large demand or from item of news. It is expected that Greece will be in the market for a million and a quarter bushels of wheat the first of next week and this condition may have prompted some of the buying. Outside of this, there is no evidence of any export trade. Cash wheat has ruled somewhat firmer in all markets, but as a reflection of the advance in the futures, not because of any improvement in the demand. In fact, flour trade is still slow. It is said that the New York flour market is overstocked, and that new sales are practically impossible regardless of price. Further than this. Canadian flour is offered for export below any prices which America can offer. Trade journals in referring on drought in the Southwest say that reseeding will be necessary. Because of the level of prices and because of the still persistent idea that United States reserves are small, the market will, in all probability have periods of strength, but inasmuch as we have a surplus of some size, it seems reasonable to say that a foreign demand for this surplus must appear if prices are to advance permanently. Corn and Oats—The strength in wheat has been reflected in corn and oats, but the buying power has not come from influential sources. Cash interests appeared as sellers of oats on the advance. Some points are claiming disappointing returns as shown in the husking, but this attarcts little attention. It Is quite evident that important developments are necessary, in both corn and oats, to bring about any independence of action. I’rovislons—Dullness again prevailed in provisions, but the tone of the market was steady, in sympathy with grain and a feeling th.'.t n settlement of the railroad strike would permit shipments.
CHICAGO GRAIN TABLE. —Oct. 28— WHEAT— Open. High. Low. Close. Dec 1 .<>7% 1.08% 106 1 08% May — 1.11% 1.13% 1.10% 1.13% Dec 48 .48% .47% .48% . ,54 % .52% .54% OATS— Dec 33% .34 .32% .35% May.... ,3S .38% .3 * % .38% H IKK—•Jan 15.00 LA ’)— •Oct 9.55 Jau 8.87 8.92 8.87 8.92 RIBS—•Oct. 5.25 •lan 0.15 RYE - Dec 82 %3>4 .81 Vi .83% May.... .86 .S7V4 .85% As7 ** •Nominal CHICAGO ( ASH GRAIN. CHICAGO, Oct. 28. Wheat —No. 4 red, $1.14; No. 2 hard winter. $1.09; No. 1 northern spring, dark, $132%; No. 2 northern spring, dark, $1.17tf,j1.17%. Corn - No. 2 111 xel, 47%(5 4S* : No. 2 yellow, lSf<;;4K>4<*; No. 3 white, 47%c; No. 3 yellow, 47’ ~(3.17%c. Gat*—No. 2 white, 34% 4*?osc; No. .’; white, 304/,32%c; N'o. 4 white, 2S%'g3<)C. TOLEDO GRAIN PRICES. TOLEDO, Oct. 28.—Wheat Cash, $1 2G; December. $1.26%; May, $1.31. CornCash, 54t055c. Outs—u.ish, J-'o.tOc. ltye —Cash, 83c. Burlny—Cash, 63c. rRIMARY MARKETS. (By Thomson A McKinnon.) —Oct. 2.8 RECEIPTS. Wheat. Corn. Oats. St. Joseph..., 70,000 18,600 Chicago 21,000 310,000 110,000 Milwaukee ... 14,000 24,000 01,000 Minneapolis., 465,000 2k,"('ii 67,000 Duluth 301.000 17,000 2.000 8t I.oiis. 121.00 1 00 060 66,000 Toledo 4,000 4.000 2,000 Detroit 1,000 4.000 4,000 K..nsa City.. 250,000 8.(X)0 9,000 Bee rm 4,000 86,000 52.000 *>maha 35,000 35.000 20.000 Indianapolis.. 7,000 76,000 20,000 Totals 1,286,000 670,000 440,000 Year ago... 1.6)0.000 388,000 034,000 Shipments W heat. Corn. Oats. St. Joseph... 19,000 £2,IKK) Chicago 91000 474,000 384.00.) Milwaukee ... 7,OtX) 5.000 42,000 Minneapolis.. 189.000 11,000 82,000 Duluth 462,1KK) St. Louis 84 .IKK) 43,000 51,(K) Toledo 8,006 2,000 5.000 Kansas City.. 178,(Hit) 10,<*)0 0.000 Peoria 2.0*10 46.1KK) 76,000 omalia 83,0<k) 52,000 36,000 Indianapolis.. 7.000 i5,006 32.000 Totals 1,073,009 083,000 711.000 Year ago... 976,000 582,060 325,060 —Clearan' - es--Wheat. Corn. Oats. New York 528, 0ik) ..... ....... Philadelphia., 51,000 Baltimore .... 285,000 New Orleans.. 248,000 159,000 Totals 1,115,000 150,000 Year ag0.... 375,000 INDIANAPOLIS CASH GRAIN. —Oct. 23 Bids for car lots of grain and hay at the (all of the Indianapolis Board of Trnile were: Wheat—Firm; No. 2 red, $1.25*%® 1.26%. Corn—Steady: No. 2 white, 49ft750e; No. 3 white, 43%fii 49%c; No. 2 Yellow. 49'u file; No. 3 yellow, 47%W48%e; No. 2 mixed, 48%@50e; No. 3 mixed, 47 % % 49 VieOats— Firm; No. 2 white, 37@38c; No. 3 white, 354 j 36c. Huy—Steady; No. 1 timothy, $174717.50; No. 2 tfmotiiv. $16.50((717; No. 1 light clover mixed, $16(0 16.50; No. 1 clovqr, slt>((i 17. —lnspections Wheat—No. 2 red, 1 ear; No. 3 red, 2 cars; No. 2 mixed, 2 ears; total, 5 cars. Corn—No. 1 white, 3 cars; No. 2 white, 3 cars; No. 3 white, 0 ears; No. 4 white, 4 cars; No. 1 yellow, 2 cars; No. 2 yellow, 3 cars: No. 3 yellow, 2 cars; No. 4 yellow, 1 ear; No. 5 yellow, 4 ears; No. 1 mixed, 1 car; No. 2 mixed. 2 cars; No. mixed. 2 cars; No. 4 mixed, 1 car; total, 31 ears. Oats —No. 2 white, 2 cars: No. 3 white, 16 ears; No. 4 white, 3 cars; sample white, 1 car; No. 3 mixed, 1 car; total, 17 cars. Hay—No. 1 clover mixed, 1 car, WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying $1.16 for No. 1 red winter wheat; SI.OB for No. 2 red winter wheat and according t to test for No. 3. Oats are quoted at 25c for No. 3 white or better. HAV MARKET. The following are the Indianapolis prices for hay by the wagon load, delivered : Hay—Loose timothy, sl7@lS; mixed hay $16@17; baled hay, $17@19, Oats—Bushel, new, per bushel 34@37c. Corn—Old. per bushel, 55@*)0c. INDIANAPOLIS TRODUCE. Butter —Local dealers are paying 43@ 40c per lb for butter delivered in Indianapolis. Eggs—Loss off, 4(547180. Butter—Packing stock, 19@20c. Poultry—Fowls, I(s@ 23c; springers, 17@24c; cocks, 104711 c; young hen turkeys, 8 lbs up, 32c; young tom turkeys, 12 lbs up 32c; old tom turkeys, 25@27c; cull thin turkeys not wanted; ducks, 4 lbs and up, 184720 c; spring ducks, 3 lbs and up, 26c: geese, 16 lbs and up, 12@13c; rabbits, drawn, per dozen. $3; squabs, 11 lbs to the dozen, $1.50; young guineas, 2-lb size, per dozen, $7.50. Butterfat —Local dealers are paying 43c per pound for a butterfat delivered In Indianapolis.
LIGHT SWINE SHOW LOSSES Seme Heavy Hogs Are Steady —Calves Higher. RANGE OF HOG PRICE?*; Good Good Good Oct. Mixed. neaw Light. 21. $8.35 sß.lo® 8.25 $8.35® 8.00 22. 8.(0 8.35 8.50® 8.60 24. 8.25 8.25 8.25® 8.35 25. 7.00 7.65@ 7.90 7.so@ 8.00 26. 7.75 7.65® 7.75 8.00 27. B.oo® 8.25 B.oo® 8.10 8.25® 8.65 28. B.oo® 8.10 S.oo® 8.10 8.15® 8.35 Swine prices were barely steady to unevenly lower ill trade ou the local live Stoek exchange today, with receipts around 6,500. and both iocal packers and shippers rather reluctant, about buying swine 1 at the prices maintained ou the market of the previous (lav. Shippers were in fair demand for ligtft swine, but they did not seem to care for the mixed and heavier swine. Packers were in fair demand for the mixed and heavier grades. Heavy swine were barely steady to steady and lights, light lights and good mediums were around 16 to 15 cents generally lower, and there were no premiums paid for those grades. Lights generally brought $8.35, while there were a few sales of good medium swine at around $8.25. Heavies and mixed brought SB.IO, with a few at SB. Practically all of the good swine were sold at an early hour in the forenoon. The bulk of the sales ranged at SB.IO @8.33. l’igs generally brought $8.35 and roughs sold at $0.50477.59. Stags brought $54/(7. Trade in cattle was rather slow, due to light receipts and only poor grades offered for sale. There were only 350 fresh cattle on the market. Pr.ices were generally steady. Calves were generally 50c higher, with spot even as much as $1 higher than on the market of the previous day. There was a top of $12.50. Receipts were light at 450 and the eastern demand showed good improvement. Sheep were steady and lambs sternly to 25c higher, with receipts around 400 nud the demand and ouality good. HOGS. Best light hogs. 160 to 190 lbs average $ $154? 8 35 Over 300 !t>s 7.554S 8.00 190 to 306 lbs 8.604/ 8.35 Sows 0.50@ 7 50 Best pigs, under 140 lbs 8.35 Top 8.35 Bulk of sales-;.' 8.104 J 5.30 CATTLE. Prime corufed steers, 1,300 too 1,800 lbs 7.50@ 8.50 Good to choice steers 1,100 to 1,300 lbs 7.50@ S.OO Good to choice steers, 1,100 to 1.200 n.s C.004J 7.00 Good to choice steers. 1,000 to 1,100 ibs 5.30(g 6.00 Common to medium steers 800 to 1,000 ibs 5.00@ 5.50 Heifers and Cows— Good to choice heifers 7.0047 900 Medium heifers 5.254$ 0.75 Common to medium heifers.. 4 7547 5.25 Good to choice cows 3.00® 4.25 Fair to medium cows 2.oo(fit 3.W) Cutters 1.75® 2.75 fanners 75® 2.00 —Buiis— Good to choice butcher bulls. 4 0647 4.56 Bologna bulls 3.50® 400 Light bologna bulls B.oo® 3.50 Light to common Dulls 2.50® 3.00 —( alves— Choice veala 11 50® 12 50 Good veals O.SOffi 11.06 Medium veals b.softi 9.50 Lightweight veals 5 504; Bihi Common heavyweight veals.. 5 004i 5.50 —Stockers tuiu feeders Good to choice steers, under 800 llis 5 0047 6.00 Medium cows 2.004 1, 3.00 : cows B.oo® 4.00 Good heifers 5-5041 7.0) Medium to good heifers .... 4.ts6sJ 50" SHEEP AM) LAMBS. Uwes 2.00® 3.00 BC.-hJ 136® 2.00 Choice ewes and wether lambs 7.25f(l 8 2.) Seconds 0.50'u. 700 Buck lambs 5.006$ 0.50 Culls 2.06® ’*.UO
Other Livestock CHICAGO, Oct. £B.—Hogs—Receipts, 24,UK); market, unsettled; mostly 10'q 15c lower; t >p, SS23; bulk of sales. $7.25 in S; heavies. $7.51108: mediums, $?.654t 7.8.5; lights. s7.6'>(gß; light lights, $7,750 8.25; heavy packing sows, smooth. $6.50® 6.75; packing sows, rough, $6.2500.75. Catiie —Receipts, 7.000; market, slow and some lower; b-es steers, choice and good, $9.25012: medium and good, $0010.25: good and choice, $9.2.V.)%2; common nud medium. $50023; butcher cattle, heifers. $3 750 9.75; cows, $3.650,6.50; bulls, $3,150* 0.25; catincrs and cutters, cows mid heifers, $7.5005.65; <anner steers. $.30,4; veal calves, $7.50012; feeder steers, $5.250 7.i>5; stacker steers. $407; stoeker cows and heifers, $305.25. Sheep anil lambs— Receipts, 17,1KK); market, steady to 23c higher; sheep, steady; fat lambs, steady to 23c higher; cool to choice lambs. SBO 9.40; cull and common lambs, $3.5007.73: yearling v. ethers. $5 500 7.73: ew s. $3.25 015.50; cull nod common ewes, $1.7503; feeder iambs, $0.7507.83. CINCINNATI, Oct. 28.—Hogs—Receipts. 4.300; market steady to 10c lower; heavies and mixed. $8.40; mediums, lights and pigs, $8.59; roughs, $0 50; stags. $5 50. Cattle —Receipts. 700; market steady; bulls steady; calves, sl2. Sheep anil la/nbs —Receipts. 1,300; market steady: ewes. $1(04: bucks, s2.s*g choice lambs, $9; seconds, $6,500.7; culls, $3.5004. CLEVELAND, Oct. 28.-Hogs-Re-ceipts, 4.IKH); market, 20 to 30c lower; yorkers, $8.30; mixed. $8.30; pigs, $8.50; mediums, $8.30; soughs, $7; stags, $5. Cattle—Receipts, 650; market, dull; good to choice steers, $809; good to choice heifers. S6O 7.50; good to choice cows, $4 03; good to choice bulls, $506; fair to good bulls. $304; common cows, $203; milkers, $350)75. Sheet) and lambs—Receipts, 1,500; market, 75c to $1 lower: top, $9. Calves —Receipts, 300; market, 50c to $1 lower; top, sl3. EAST BIFFALO. Oct. 28.—Hogs—Receipts, 9,000; market, strong; yorkers, $8 08.50; pigs. $8.50; mixed. $8.4008.50; heavies, $8.2008.50; roughs, $3.7507; stags, $405. Cattle —Receipts, 500: market, slow; shipping steers. SBO 9.25; butcher grades. S7O 8.50; heifers, $4 500 8; cows, $1.500 3; bulls, S3O 5.50 feeders, $505.75; milk cows and springe "s, S4OO 435. Calves —Receipts, 1,000; market, active; cull to choice. $5013. Sheep and lambs- Receipts, Iu.(KX); market, active; choice lambs, $9 250 9.50; cull to fair, S7O 9; yearlings, $506.50; sheep, $305.50. EAST ST LOT IS, Oct. 2.8. Hogs— Receipts. 5.000; market lights and pigs 100115 c higher; mixed and butchers, SB.IO fr/8.25: good heavies. $7.6008: roughs, $5 25 0 6.50: lights. $8.2508.50; pigs, $8.50 08.00; bulb' of sales. $80:8.25. Cattle— Receipts, 1,500; market steady; native beef steers. $8010; yearling steers and heifers, $809: sows. $3.5005.73; Stockers and feeders, $3.7505.50: calves, $9011.25; runners and cutters, $2.330 3.25. Sheep and lambs—Receipts, 500; market steady; mutton ewes, $4; lambs, $808.25; choice lambs, $808.25; canners and choppers, $102.50. I’ITTSBT'RGH, Oct. £B.—Hogs—Receipts, 3,ikK); market, 23c higher: prime heavies, $8.4008.50: mediums, $8.750 8.83; heavy yorkers, $8.7508.65; light yorkers, $8,750 8.83; pigs, $9; roughs, $007; stags. $4.3005; heavy mixed, $8.50016.00. Cattle Receipts, less than 100; market, steady. Calves—Receipts, light; market, steady; veal calves, $!3; heavy and thin calves, $4,500)8.50. Sheep and lambs—Receipts. 600; market, steady; prime wethers, SSO 5.25: good mixed, $4.000.4.85; fair mixed. $3500 4.25; culls and commons, $1.25@ 2.25; choice lambs, $9.50. NEW YORK PRODUCE. NEW YORK, Oct. 28.—Dressed poultry prices were quiet on the market here today. Quotations were: Chickens, 200:39c per pound; fowls, 18038 c; turkeys, 300 45c; clucks, 33. Live poultry was firm: Chickens, 250 30c; fowls, 20038 c; turkeys. 32c; roosters, 15c; ducks, 32033 c; geese, 28c. Butter was firm: Creamery extras, 480 50c; creamery tirsts, 38%048c; creamery high scoring, 400"!51 %c: tubs, 32047 c. Cheese values were firm, with trade quiet: Whole milk, 22%@23c; whole milk, fancy, 22c; Wisconsin, whole milk, fancy Young Americas, 21022 c; skims, specials, 14015 c: skims, choice, 11013 c; skims, good, S@loc. Eggs were firm: Nearby white, fancy, 95c; nearby brown, fancy, 68@72c; extras, 040 68c; firsts, 54058 c. Milk sobl at $3.350.3.37 per 100 pounds, delivered in New York city.
Weather The following table shows the state of the weather at 7 a. m., Oct. 28, 11s observed by U. 8. Weather Bureaus: Station. Bar. Temp. Weath. Indianapolis, Ind.. 30.15 58 Uicudy Atlanta. Ga 30.22 58 Cloudy Amarillo, Texas.... 30.06 42 Cloudy Bismarck. N. D 30.04 44 Cloudy Boston, Mass 30.28 42 PtCldy Chicago, 111 30.10 52 Clear Cincinnati, 0hi0... 30.20 52 Cloudy Cleveland, 0hi0.... 30.20 52 Clear Denver, Colo 30.30 34 Clear Dodge City, Kan... 29.90 46 Rain Helena, Mont 30.30 40 PtCldy Jacksonville, Fla.. 30.10 62 Clear Kansas City. M 0... 29.74 58 Clear Louisville, Ky 30.18 54 Cloudy Little Rock, Ark... 29.9.8 56 Cloudy Los Angeles, Cal.. 30.20 58 (Tear Mobile, Ala 30.12 62 Clear New Orleans. La... 30.06 72 Cloudy Now Y'ork, N. X.... 30.32 4.8 Cloudy Norfolk, Va 30.26 00. Cloudy Oklahoma City £9.82 54 Clear Omaha. Neb 29.84 46 Cloudy Philadelphia, Pa... 30.34 48 Cloudy Pittsburgh, Pa 30.24 56 Cloudy Portland. Ore 30.20 50 Rain Rapid City, S. 1).. 80.22 42 Clear San Antonio, Texas 29.90 70 PtCldy Sail Francisco, Cal. 30.50 54 Clear St. Louis, Mo 30.09 54 Clear St. Paul, Mian 29.96 4.8 Cloudv Tampa, Fla 30.0.8 60 Cloudy Washington. D. C.. 30.30 4.8 PtCldy WEATHER CONDITIONS. A depression trough extends across the country from Manitoba and Lake Superior to Texas, with pronounced fields of high pressure on either side. Rains have occurred ia arcus in the upper Mississippi Valley and the Lakes Region and in parts of the Ohio Valley and Tennessee; and some precipitation lias occurred in parts of West. It is warmer In tlio States west of the lower Mississippi, but elsewhere the G mperatnre changes have not been important over large areas. 'j. If. ARMINGTOX, COX AND M’ADOO ARMIES UNDER FLAG OFTRUCE Each Side Tries to Learn Others Plans at St. Louis Meeting. WASHINGTON, Oct. 28—An armed truce appeared to exist today between the Cox and McAdoo forces on the Democratic National Committee as both sides tried to learn the other’s plans for the meeting of the committee at St. Louis next Tuesday. "We won't start anything if they don't,” said Senator Pat Harrison of the Cox forces today. The McAdoo group declined to give the slightest inkling of plans. Friends of Chairman George White, Cox leader, have been trying for some ilnyg to get reliable information as to whether Thomas B. Love of Texas. Robert Wooley and Daniel G. Uoper, forrapr internal revenue commissioner under McAdoo, have any unrevealed movs up their sleeves. Meanwhile, White, around whom the storm, if there is a storm, will break, has been preparing a careful report, diplomatically, but effectively, making clear that his work is incomplete, his responsibilities not entirely discharged. Some influential Democrats not on the National Committee have been urging MrAdoo's men rot to raise this issue of ousting White at this time. Governor Cox has said nothing and Intends to keep out of party affairs for the present. DEPUTY HELD IN $85,000 HOLD-UP
Guard, Who Accompanied Pay Roll Cashier, and Cousin Arrested. TAYLORVILLE, 111., Oct. 28.—Jerome I.orkkard, deputy sheriff and policeman was out on $20,000 bond today following his arrest in connection with the $95,000 pay 101 l robbery of the l’eabody Mining Company at Kincaid, Aug. 13. Lockimrd accompanied the cashier of the Kineand Loan and Trust Company at the time of the robbery Lockliard's cousin, Jess Lockhnril of Hillsboro, is among n number of others indicted by the grand jury in connection with the robbery. L. M. Jones, cashier, who was struck on the kea.. at the time of the robbery, is among others who signed I.oekharii's bond. Lockhard claimed he also was knocked out by a blow on the head from a robber’s revolver. Homer Greenwalt, a roomer *n the Lockhart home. Is under arrest In connection with the hold-up. TOLD NOT TO WITHHOLD PERMIT. The board of park commissioners notified Building Commissioner Walter B. Stern that it no longer desires him to hold up issuance of a permit for anew factory at Massachusetts avenus and Steel street to the Victor Bearings Company. The permit had been withheld while the park board listened to pleas of property owners with residences fronting on Spades Park, which is within 500 feet of tho factory cite, that it bo denied on the ground that It would depreciate the value "f their residences and the desirability of their district. CITIZEN'S GAS HEARING. A hearing on the question of whether tho Citizens Gas Company of Indianapolis shall be Issued an indeterminate permit to operate by the public service commission was held by the commission this afternoon. The company has surrendered its franchise under the act of 1921. but a number of gas users have objected that because of special legislation applying to the company it can not come under the provisions of the new law. TOLEDO SEED PRICES. TOLEDO. Oct. 28.—Clover seed—Cash, October and December, $12.40: Januarv sl-55; Ftbruary, $12.65; March, $12.40. A’isike —Cash and October. $10.75; December, $10; February, $11.25; March, $11.25. Timothy—l92l cash. $2.55; October. $2.85 bid: December, $2.50 hid; January. $2.95 bid; February, $3 bid; March. $3.03 asked. WHOLESALE BEEF PRICES. The following ts today's wholesale prices for beef outs as sold bv the ’ -- ; dianapolis markets of Swift & Cos: Ribs —No. 2, 2te: No. 3,15 c. Chucks—No. 2, 10c; No, 3, Bc. Plates—No. 2. 9c; No. 3. 9c. Links—No. 2,28 c: No. 3,24 c, Rounds i —No. 2. 15c; No. 3.12 c.
We offer, subject to sale 100 SHARES PETTIS DRY GOODS COMPANY THE NEW YORK STORE Tax Exempt 7% Preferred Stock Price, ISO and accrued dividend BECKER & OVERMAN Merchants Bank Building Member: INDIANAPOLIS Pohnes: Indiana Bankers Association Mainlß99 Indianapolis Stock Exchange Auto. 28-489
PAN-HELLENICB ANNUL RULE ON HIGH SCHOOLS Viewpoint Still Antagonistic to Sororities Not Academic. Annulment of the Pan-Hellenic ruling that girls joining high school sorori.ies could not be takea into membership in national woman fraternities belonging ta the Pan-Hellenic Association, which has been enforced by the national body" for the last four years, followed a lively discussion at the closed business session of the annual Pan-Hellenic Congress today in Parlor B of the Claypool Hotel. The body stated that the Pan-Uellenic has not changed its viewpoint on the subject and that it still disparages the high school sorority. In many cases the sororities have masqueraded themselves in various ways, their members being admitted in colleges to National Greek-let-ter organization, while those wh< admitted that they still were high -iiool frat members were barred. In considering the question it also has been brought out that in many States there are laws against sororities and many high schools have banned them. Indiana has such a State law and high school sororities which thrived in profusion in previous years in the local schools have faded obscurity of late. It is whispered in profound secrecy that the groups are still in existence, that high school fraternalism is a dead letter but not a dead relationship. Following the business session, the discussion luncheon, which is open to all fraternity women of the city, was conducted. Mrs. L. Perle Green of Kappa Alpha Theta leading the discussion on “Mediums of Fraternity Publicity.” Following the meeting Indianapolis members of the Pi Bera Phi Alumnae Club entertained the visitors to the congress with a sightseeing drive over the city. Tonight Delta Delta Delta women of the alumnae and active chapter of Butler College will entertain with a musieale at the chapter house, 5621 Beechwood avenue. The honor guests are to be Mrs. W. M. Hudson of Greencastle, grand president ; Miss Pear! Bonisteel of Lagrange, 111., grand secretary; Mrs. S. L. Slover, Norfolk, Va., grand treasurer; Miss Luella A. Latta of Ludlow, Ky., editor of "The Trident,” and Mrs. W. N. Hanley of Cumberland, Mil.. Aloha province deputy. The program will inclnde songs by Miss Madeline Arhuckle, violin numbers by Miss Marian Breadheft and readings by Miss Lucille Baker. Tomorrow evening Kappa Alpha Theta will entertain represntatives here for the congress with a "stunt” party at the Theta house in Irvington. Mrs. I. I’earle Green of Ithaca. N. Y., executive secretary and editor of the Kappa Alpha Theta magazine; Mrs. George Eanta Jr. of Marshall, Wig.; former editor of the Greek Exchange. Mrs. Marjorie Benton Ilaviland of Philadelphia. Pa., vice president, and Miss Grace Philputt of Bloomington. being the honor guests. Tomorrow morning the business session vfrill be resumed and the congress will be closed by a luncheon in the Riley room at noon, to which all fraternity women of the city are Invited. Mrs. Ethel H. Weston of Madison. Me., chairman of the congress, will preside. Responses are to be made by various members with a talk by Mrs. Felix T. McWhirtor. The Indianapolis Pan-Hellenic is in charge of the luncheon arrangements.
ENGINEERS TALK OVER PROBLEMS Trip to Purdue University on Program. A professional session was held by the Indianapolis section of the American , Society of Mechanical Engineers, today at the Claypool hotel, and a social , session will be held tomorrow at Purdue ' University. Tho program for today's session Included the following papers: "Btopshok j Wheels, Their Construction. Use and Re- ! suits OL’.atned Therefrom.” B. F. Seymour. Washington, D. C.; "Stellite Metal and Its Application to the Arts,” Klwood Ilaynes, Kokomo; "Steam as a Motive Power for Commercial Vehicles,” Fred Hamilton, Indianapolis. This evening there will be a paper on “Acid Resisting Alloys—Research Work j Covering Non-ferrous Metals in Its Apj plication to Their Acid Resisting Propj ertics,” George A. Drysdal?, Indianapolis. | The visitors to Purdue University will leave the Claypool Hotel tomorrow mornI ing at 8 o’clock. In automobiles. Luncheon will be served by the Purdue stuj dent branch of the A. S. M. E., and at i 2 o’clock the party will be the guests |of the Purdue mechanical faculty and ! students at the "Big Ten” conference football game between runlue and lowa. ‘ICE TRUST’ CASE AGAXNTAKEN UP Judge W. IT. Elchhorn of B'nffton who h:u been presiding in the "Ice trust” case in Superior Court, Room 1, this afternoon resumed the hearing of evidence after having been absent from the bench during the morning on other legal business. Before adjournment yesterday. Attorney General U. S. Lesh read into the record over the objections of the defense, a purported speech of W. K. Martins of Crawfordsville, president of the Indiana Ice Dealers Association, in which tne work of LesMe Smith, secretary of tne National Ice Manufacturers’ Association was j.railed in "helping” the Ice men to obtain higher Ice prices. Mr. Smith also was a member of the United States Food Administration, the State charges. The court has not announced If he will hold sessions Saturday. PETITION TO ISSUE STOCK. Two petitions for permission to issue preferred stock were filed with the public service commission today. One was by tho Interstate Public Service Company asking permission to issue $379,800 in stock, and the other by the Madison Light & Railway Company asking permission to Issue $25,000 In stock. In both oases the stock is to be exchanged for other issues.
