Indianapolis Times, Volume 34, Number 162, Indianapolis, Marion County, 17 November 1921 — Page 10
10
MARKETS MAKE UPTURN; CLOSE ON HIGH LEVELS All Groups of Stocks Display Buoyancy With Specialties Prominent. Special to Indiana Daily Times and Philadelphia Public Ledger. By MONITOR. NEW YORK, Nov. 17.—A1l markets eloged higher Wednesday. There was a buoyant undertone iu stocks. Sterling was hack to approximately the high level of last spring and cotton and grain both had sharp upturns, although cotton reacted toward the close. In the stock market every group displayed buoyancy and nearly everything furnished representatives that made one or more new high levels. The steel shares came back strongly with Bethlehnm “B” gaining more than a point and Steel common establishing anew high level. Oils, motors and chemicals, fertilizer stocks and the equipments were among the groups that furnished the chief examples of activity and strength. Nevertheless, there were numerous specialities that were prominent in the advance, among these being American International, American Hide and Leather preferred, American Lead, General Electric and others. There Is considerable talk about likelihood of a resumption of dividends on American Hide and Leather preferred and must of the recent buying has been based* on this gossip, which is received with considerable skepticism. Oil shares again were quite strong, as a group, but the outstanding feature of the class was furnished by the common and preferred shares of Pierce OIL Both of these issues have been sluggish, while the other petroleum shares hate been advancing, but they joined in the procession with sensational moves. The preferred made a net advance of 13(4 points. No particular news was in circulation to account fop the action of these stocks. The rails were firmer than they have been for several days. Part of the bnying was based on the erroneous quolaiton on Central Railroad of New Jersey, but, there is better feeling toward the rails as a whole on account of what is believed to be the improved prospect for the passage of the funding bill Copyright, 1921, by Public Ledger Company. WALL STREET GOSSIP BY MONITOR. Quite a flurry was created among the coal stocks bv the appearance on the tape of a quotation of 222 for the stock • f *ho Central Railroad of New Jersey on a sale o£ 200 shares. This was an advance of 28 points as the stock sold Tuesday at 104. Before it was discovered this quotation was a mistake on the part oN the transmitter on the stock exchange a vigorous rise look place in the shares of the coal roads with heavy buying of Delaware & Lackawaua which put that stock up early 6 jmints. Heading 2 points up while Lehigh Valley advanced a point. This led to a demand tor other railroad stocks many of which made substantial gains. The strange thing about the incident was that even after the mistake was discovered the advance Id most cases was well maintained. One factor contributing to the general optimism was the strength of Sterling with demand touching ¥4 for the first time since last May. Cables at that time were quoted at $4.00%. According to unofficial, but fairly authentic reports the proposed merger of Pullman Company and the Haskell and barker Company involves the necessity of ratification ly a vote of GH 2-li per cent < f the stockholdings. This is not believed to be an Insuperable obstacle. It is said *.no Haskell and Barker stockholders expect an extra cash di-ideud before the merger is consummated as the company has more than £11,000,000 working capital, a large part of which was made up of cash and liberty bonds. It is borne out that an extra cash dividend of St a share would call for only §BOO,OOO. Some light was thrown on the recent weakness in Royal Dutch by the receipt or a cable by the Equitable Trust Comper.y stating in effect that stockholders will he requested to act upon a proposal that dividends or interim dividends be "Utnbuted in full or in part, either in additional stock or iu script. Friends of Mexican Petroleum received encouragement ns a. result of a Tampico dispatch stating the company broke all records for oil exports in a single month by shipping in October 3,800,000 barrels. The recent strength of the copper shares Is partly explained by the advance iu copjier quotations by the leading selling agencies. The quotation is about % cent per pound higher. No additional business is being taken for November delivery and agents are now quoting 13% cents for December shipments and 13% cents for January. Some idea of the extent to which domestic consumption lias Increased may lie gained when attention Is called to the fact that Julv sales for domestic consumption were onlv nhout 23.UX).000 pounds while some official figures place sales for October domestic consumption at -50,000,000 pounds. Some of the buoyancy of the market may b* gained from glancing at a partial list of the stocks which made newhigh levels for the present upward movement, some of which were high levels for the year. Allied Chemicals, American Tel. and Tel. Anaconda. Car ami Foundry. American International, Baldwin. Endicoit-Johnson. Torn Products, Seneca Copper, I'nited States Steel, Texas and Pacific, C. A <.. Studebaker, American Woolen, Haskell and Barker, National Load and American Hide and Leather, preferred, were among those stocks. The most interesting features of the weekly review of the Iron Age. was contained in reference to the effect of the disarmament program on tlie steel industry. The tonnage for this purpose is placed at only a fraction of 1 per cent of th eygarly output of the country.— Copyright, 1021, by Public Ledger Company.
Weather
The following table shows the state of the weather at 7 a. m., Nov. 17 as observeil by U. S. Weather Bureaus: Statiou Bar. Tctnp. Weather Indianapolis Ind... 29.82 6it Rein * Atlanta, Ga 30.1t} G 2 Cloudy Armarillo, Tex 29.74 30 Cloudy Bismarck. X. 1). ... 30.1 ii 20 SnowBoston. Mass 30.21) l 1! Bain Chicago. 11l 29.74 50 Bain Cincinnati, 0 29.90 00 Bain Clevel-ind, 0 29.90 56 Cloudy Denver, Colo 29.5i; 25 Cloudy Dodge City, Kas... 29.5S 52 Bain Helena, Mont 30.n0 10 I’tCldy •lacksoaville, Fla... 30.20 fiS Clear Kansas City. Mo 29.74 40 Cloudy Louisville. Ky 20.92 00 Bain I.ittle Bock, Ark... 29.80 04 Cloudy I.os Angeles, Cal... 29.92 52 Cloudy Mobile. Ala 30.10 tW Clear New Orleans. La. .. 30.0 l 70 Clear New York. X. Y. .. 30.10 52 ltain Norfolk, Vo 50.10 01 Cloudy Oklahoma City 23.50 30 Clear Omaha. Neb 29.52 32 Bain Philadelphia, I*a... 30.08 50 Cloudy Pittsburgh. Pa 29.90 5S Cloudy Portland. Ore 30.1 ) 40 Cloudy ltapid City. S. D... 30.0S IS Snow' Iloseburg, Ore 30.10 35 Cloudy San Antonio, Tex.. 29>0 74 I’tCldy San Francisco, Cal.. 30.02 4S Clear St. Louis. Mo 29.70 04 Cloudy St. Paul, Minn 29.90 32 Snow Tampa. Fla 30.1S OS Clear Washington, D. C.. 30.0S 00 Clear WEATHER CONDITIONS. Tbe western disturbance is moving northward, one depression center now covering the middle Mississippi Valley, while a second center lias remained in tbe far southwest. Asa result of this movement much rain has fallen from the middle Mississippi Yalley to the Atlas-tie roast, the falls being heavy in numerous places from central Indiana and Ohio .outhwnrd. Considerably higher temperatures are general in most eastern sections, but much colder weather has overspread the plains region to Oklahoma and freering weather Is reported as far south as the Texas Panhandle. Over Ihe entire northwest snow flurries haYe occurred. J. H. AKMINGTON, Matoorologlst, Weather Bureau.
N. Y. Stock Exchange
(By Thomson & McKinnon.) —Nov. IS.— Prev.' High Low Close Close Allied Chem 40% 48 48% 48% Ajax Rubber... It* IS 10 Atlis-Chalmers. 3(1 35% 35% 36 Am. Agri 33% 33% 33% 34 Am. Beet Sug... 30% 20 30% 20 Am. Car Fdy... 138% 13(i% 138 137% Amn. Caii 32% 31% 31% 31% Am. H. &L. com 12% 11% 11% 12% Am. H. &L. pfd 50% s<}% 57% 50 Am. Ice 1 70% 70 70 08% Am. In. Corp.. 30% 37% 37% 38% Am. Linseed... 34 33% 33% 34 Am. Locomotive 90 04% 04% 05% Am. Smelt A; R. 41% 40% 40% 40% Am. Sugar Ref. 50% 55 50 55 Am. Sum. T. Cos. 31 Vs 40% 40% 31% Am. Steel F.... 31% 33% 33% 31% Am. Tel. & T.. llo's 113 115 112% Am. Tobacco. 125% 125% 125% 125 Am. W001en.... 80% 70% 79% 80 Atlantic Pete.. 22% 22% 22% 22% Anaconda M Cos. 44% 43% 44% 43% Atchison 87% 87 87 % 32*% At. Gulf &W. I. 33% 32% 32% 32% Baldwin Loco.. 97% 95% 96% 90% B. A" 0 37% 30% 37 37 Beth. Steel (B. 561 , 55% 56 56% Callfor. Pete... 45% 42% 42% 42% Can. Pac. Ky... 117% 116% 117% 116% Cent. Leather.. 33 32% 32% 32% Chandler Mot... 47% 46 46 46% C. & 0 59% 55% 58% 50 C„ M. & St. P.. 23% 23% 25% 23% C..M. & St.P.pfd. 37% 56% 37% 37 Chi. &N. W.... 00% 6St 09 t 9 C„ R. I. & 1>... 33% 32% 33 32% C.R.1.&P.7%pfd.. 80% 80% 81% 80% Chill Copper... 12% 12% 12% 12% Chino Copper.. 26% 20% 36% 26% Coca Cola 37% 37% 37% 37% Col. Fuel & Iron 25 24% 24% 24% Columbia Gas. Oil 62% 02%> 63 Columbia Graph 4% 3% 3% 3% Consolidated G. 91% 91% 9! %• 90% Continental Can. 45% 47% 45% 48% Cosden 0i1..-.'.. 34% 34% 31% 34% Corn Products 80% 89 85* % 89% Cricible Steel.. 65% 63% 05% 65% Cub. Am. Sugar 15 14% 14% 14 Clib. Cane Sug. 8% 7% 8(4 8% Del. & Hudson.loß% 108 Vi 108% 108% I*£l. & Lack....11l 110% 110% 112% Erie 12% 11% 12% 12 Vs Erie Ist pfd.... 18% 17% 18% 18 Famous IMavers 09% 08% 68% 08% Fisk Rub. Cos.. 10% 10% 10% 10% Gen. Asphalt... 66% 61% 05% 64% Gen. Electric.. .136% 135% 136 135% (Jen. Motors.... 11% 11% I'% H% Goodrich 32% 32 32 * 32% Gt. North, pfd. 74% 73% 7:1% 75% Gt. North Ore.. 33% 32% 33% 32% Houston 0i1.... 79% 78% 79 J 9% Haskell Barker 80% 75% 80 75% Illinois Cent 97'% 97% 97% 97% I lisp. Cop 37% 37% 37% 37% Invincible 0i1... 10% 9% 9% 10 Interboro 2 1% 2 2 Int. Har 78 77% 78 78 Int. Nickel 13% 13 13% 13% Int. Paper 57% 56 56 55% Island Oil Trans 32% m 2% 3 Kansas City Sou. 21% 24% 24% 24% Kelly-Spg fld .. 42% 41% 41% 42% Komi. Cop 24% 24% 24% '24 Lack. Steel 43 42 Vi 42% 45 Lehigh Val 57 56 56% 56% Lee Tire 27% 27% 27% 28 Loews. 1nc..... 15% 15 15 15% Loft Candy 9% 9% !>% 9% Marine pfd 54% 53% 54% 53 Mont & Ward.. 17 16% 16% 16 Maryland 0i1... 29% 29% ‘29% 30 May Stores 91 91 91 90% Mex. Petrol 116 113% 114% 144% Miami Copper... 25% 25 25 2..% Mid. Sts. 0i1... 14% 14% 14%. 14% Midvale Steel... 25% 24% 24% 25 Mo. Pacific 19% 18% 19% 18% Mo. Pac. pfd.. 43% 42% 43% 43% Nat. En. & Sip. 36*, 35% 36% * 36 National Lead.. 82% 81% 82'- *.82% Nev. Con. Cop.. 13% 13% 13% 13% N. Y. Air Brake 38% 55 55 58 N. Y. Central.. 73•% 73 73 % 73 New Haven 15% 13% 13% 13% Norf. & West... 97% 96% 98% 97% North, racitic.. 79% 78% 78% 78% Okl. Pro. & Ref. 3% 3% 3% 3% Pacilie Oil 45% 44% 44% 45% Pan.-Am. I’cte.. 54% 53% 54% 53 I’enna. Ry 35% 35 35% 35% People's Gas... 55% 55 55% 55Vi Pierce-Arrow .. 14% 14 14 14% Pierce Oil Com. 10% 9% 10% 36% Pittsburgh Coal 60 6) 00 60% Pressed S. Car 62 01 % 61% 62 Pull. Pal Car. .114% 110% 113% 108% R. Steel Springs 91% 91 91% 9,1 Pure Oil 30% 35% 36 14% Reading 72% 71 71% 71% Rep. I. & Steel 50% 49% 49% 50% ! Roy. D. of X. Y. 40% 40% 40% 47% Ray Copper.... 14% 14 14 14(4 Sears-Roebuck.. 6S 67% 6s 67% Sinclair 24 23% 23% 24 Sioss-Sheffield . 38V, 38 38 .19% South. Pac 80% 79% 7.1% 79% Southern Ry... 19% 1.8% 19 19 St.LAS.W. Ry.. 2.1% 22% 22% 22% Std. Oil. N. J... 174 171 171 173 St.L.A-S.F. com. 22% 22% 22% 21% Stromberg Carb. 32% 32 32% 32% Studebaker .... 77% 76 76 77% Texas Coal & Oil 31% :!o'i 30% 31 Texas Cos 46% 45% 45% 46% Texas & Pac.... £3% 22% 23 22% Tob. Prod 00% 00Vi 00% 60 Trans. Oil 9 8% 8% 0 T’nion Oil 22% 21% 21% 22 Union Pac 124'., 123% 123% 124 I ni. Ret. St 52% 51% 51% 53% l‘S Food Prod. 12vn 12% 12'4 12% United Fruit C 0.119-% 118% 119% 118'% I'nited Drug ... 75% 75 75 75 T\ S. In. A. .. 44% 41% 42% 44 I'. S. Rubber .. 50% 49% 49 50% I'. S. R. pfd. . 92Vi 91 % 92Vi 91% r. S. Steel ... 83% 83% 82% 83% F. S. Steel pfd..112 ' 111% 111% 112% Ft ah Copper ..57% 57 57% 57% Van. Steel 32% 31 % 32 31% Vlr Car. Chem . 33% 31% 31 % 33% Wabash 7% 7% 7% 7 Wabash Ist p... 21% 21 21 20% W. Maryland... 8% ,8% 8% 8% Western Fniou 88% 88 88% 88 Westing. Elec.. 47% 47 47 47% Whiet Motors.. 38 ” 38 38 38% Willys-Overland 6 5% 6 6 Wilson & C 0... 29 28 29 2.8% Worthington I’. 44% 42'43% 42% White Oil 13 12% 12% 13% West Pac 21% 20% 21 20%
NEW YORK LIBERTY BONDS. —Nov. 17— I’rev. High. Low. Close, elose. 1.. B. 3(is 95.39 95.00 93.10 95.20 L. B. Ist 4s 94.59 94.56 L. It. 2d 4s 94.62 !M.40 94.50 94.14 L. B. Ist 4%5... 94.78 94.52 94.71 94 56 L. B. 2d 4%s 94.7 * 94.5* 94.66 94.30 L. B. fid 4',s 96.56 !Mi.42 96.42 95 44 L. B. 4th 4(4*... 94.90 94.72 91.74 94.74 Victory 3" 4 s 99.7(5 99.70 99.74 99.74 -Victory 4*is 99.76 99.68 99.76 99.72 CHICAGO STOCKS. (By Thomson & McKinnon.) —Nov. 17— Open. Hich. Low. Close. Armour pfd 93(4 93% 93(4 93% Ar. Leather.... 12(4 12(4 12% 12(4 Carbi & Carbo. 45(4 45% 45(4 45% Libby 7% 7% 7% 7(4 Mont-Ward 16(4 17 16(4 16(4 Nat. Leather.... 33% 2% 3(5 Piggly Wiggly.. 93 93% 95 93% Stew-Warner ... 24% 24% 24 24% Swift & Cos 98 99 98 99 Swift Inter 22% 22% 22(4 22(4 . NEW YORK WOOL. NEW YORK, Nov. 17.—W00l values were steady in trade on the market here today, domestic fleece, XX Ohio, selling at 22%380 per pound: domestic pulled, scoured basis, at 18%;67c and Texas domestic, scoured basis at 4(>%*7si*. NEW YORjx HIDES. NEW YORK. Nov. 17.—Hides were firm on the market here today, native steer hides being quoted at I.V per pound and branded steer hides at 14(i%14(40. . NEW YORK PETROLEUM. NEW YORK. Nov. 17.—Petroleum prieef* ver? again firm in trade on the market here today. Pennsylvania < rude petroleum selling at $4.."i( pur barrel. NEW YORK METAL MARKET. NEW YORK. Nov. 17. —Copper—Firm: spot. November and December offered 12%**. Lead—Quiet; spot, November and December. 4.654*4.72%1*. Spelter—Easy ; spot and November, 4.62'j%4.72(4c; December. 4 654/ 1.75 c. INDIANAPOLIS PRODUCE. Rattier Local dealers nr.* paying 41% 42c per lb. for butter delivered iu Indianapolis.' Eggs—laiss off 544*.55c. Butter—Packing stock. 19%20c. Poultry—Fowls. 17%? 33c; springs. I8@19c; caii.*, 11012 c; stags. 12% 13c; young fce*i inrke}s, 8 lbs. and up, 35c; young tom turkeys. 12’ lb*;, anl u;>, 35e; cld tom turkeys, 30*; cull thin tarieyc aot wanted; ducks. 4 lbs. aud 22 4;'.tic; spring ducks. 3 lbs. and un, 5J*Q22c: geese. 10 lbs. and up. IS*, rabbit?, drawn, per dozen, $5; squabs. 11 ll>*. R> dott-n, $3; yonug guineas. 2 lbs. slz*, per doz.. $9; old guineas, per doz.. $5. Rntierfat—Local dealers are paying 49 ®4lc per pound for all butlerfat delivered in, Indianapolis.
STOCKS MAINTAIN IRREGULAR CLOSE Copper Issues Are Actively Traded in in Final Hour. NEW YORK, Nov. 17—The stock market closed irregular today. Baldwin Locomotive was In special supply and after its advance to 97%, yielded lo 96%. Railway Steel Springs was one of the strongest features, making a further gain and closing at anew high for Hie day.. There was active trading in Seneca Copper, which held close to its recent established high price, and other copper stocks were firmly held. Anaconda moved up % of a point to 44%. Government bonds were unchanged and railway and other bonds were strong. Total sales stocks were 923,8:0 shares, bonds, §17,479,000. . (By Thompson & McKinnon.) —Nov. 17While the stoek market today was somewhat irregular, there was a sufficient amount, of Imying of various stocks to keep the market in its trend and a sufficient number of issues established new high prices to convince the doubting element of that fact. It would be unreasonable at this particular period to expect continuous advances in all groups. This is something that is more likely to occur at the culmination, rather than at inception of a rising market. We have had advances in some groups and these have been quiet for a few days, others have moved forward to the' place of prominence and presumably these in turn will quiet down and former active issues will again attract the attention of traders. This process may continue for a long time and in the end we will have a higher level all around, because worlds affairs and domestic business conditions all point toward ‘ further improvement and expansion. An important element next year will be the more favorable comparisons of corporate statements. This year, it has been almost uniformly unfavorable, because of losses 011 inventories, reduced business and high interest rate., while from now on corporate statements will disclose better business on low priced inventories and more favorable interests rates and as a result, better profits. We continue to recommend the pur chase of stocks. TWENTY STOCK AVERAGE. NEW YORK. Nov. 17—Twenty industrial stocks Wednesday averaged 77.13. tip 1.33 per cent. Twenty active rails averaged 74.98. up .83 per cent. CLEARING HOU SE STATEMENT. NEW YORK, Nov. 17.—Exchange. $724.000.000: balances, $70.300.000: Federal Reserve Bank credit balances, $53,300,000.
Money and Exchange
Indianapolis bank clearings Thursday were $2,916,000. NEW YORK, Nov. 17.—The foreign exchange market opened steady today. DeAland sterling was strong, selling up at $4.00%. Francs yielded 4% centimes to 7.24%c for -allies and 7.23%e for checks. Lire were 1% points lower at 4.18%c for cables and 4.l7'Ac for cheeks. Belgian francs declined 1% centimes to 7.03%c for cables and 7.02'0* for checks. Marks were % of a point higher at •0039 c. Guilder cables were 31.25 c; checks. 35.22 c. Sweden kronen cables were 23.35 c; checks, 23.40 c. NEW YOR KCALI, MONEY. NEW YORK. Nov. 17.—Money—Call money ruled 4%. per cent; high. 4% per cent; low, 1% per cent. Time rates quiet; all 5% to 51% per cent. Time mercantile paper quiet. Sterling exchange was steadv with business in bankers’ bilsl at $594% for demand. MOTOR SECURITIES. (By Thomson & McKinnon) —Nov. 17 — —Closing— Bid. Ask. Briscoe 9 10 I’ackard cjm 5% 6% Packard pfd 61 6*l Peerless 37% 38% Continental M itors, com. ... 5% 5% Continental MotorH, pfd So 85 Hupp, com 10% 11% Hupp. I’fd 92 98 lteo Motor Car 18 is% Elgin Motors 3% 41/4 Grant Motors 1% 1% Ford of Canada 212 2-16 International Motor, com 28 National Motors 1% 3 Federal Truck ~..U 16 Paige Motors 11 13 Republic Truck . „ 7% 7% ACTIVE OIL STOCKS. (By Thomson A McKinnon) —Nor. 17 — —OpeningBid. Ask. Anglo-American Oil 19 19% Atlantic I.obos 10% 10% Borne-Scry mser 225 350 Buckeye Pipe Line 87 90 Chesebrough Mfg. Cons 155 165 Continental Oil, Colorado.... 122 128 Cosden Oil and Gas 6 7% Crescent Pipe Line 29 31 Cumberland Pipe Line 110 155 Elk Basin Pete 7% 8 Eureka Pipe Line 85 87 Galena-Signal Oil, pref 95 105 Galena-Signal Oil. com 48 52 Illinois Pipe Line 17<> 171 Indiana Pipe Line 82 8.5 Merritt Oil 11% 11% Midwest Oil 2% 3% Midwest Itfg 170 175 National Transit 29 51 New York Transit 14s 153 XVirthorn Pipe Line 92 96 Ohio Oil 290 295 Penn.-Mex 21 26% Prairie Oil and Gas 585 595 Prairie Pipe Line 233 2.'i,'*< Sapulpa Rofg 4 4% Solar Refining 3.80 400 Southern Pipe Line 92 93 South Penn Oil 235 240 Southwest Penn Pipe Lines.. 55 60 Standard Oil Cos. of Ind 89% 89% Standard Oil Cos. of Kan 575 590 Standard Oil Cos. of Ky 410 430 Standard Oil Cos. of Neb 170 1.80 Standard Oil Cos. of N. Y.... 375 380 Stanntd Oil Cos. of Ohio 410 430 Swan & Finch 4.5 Vacuum Oil 23-5 ’ 245 A\ ashlugton Oil 30 40 NEW YORK CURB. 1 (By Thomson & McKinnon.) —Nor. 17— c —Closing— Bid. Ask. Acme Packing 90 96 Curtis Aero com 1% 2 Curtis Aero pfd 10 16* GolddMil Con 4 6 Jumbo Extension 5 7 Imperial Oil (Del.) 10% 10% 'lnternal. Petroleum Hi l ,. 16% Nipissing 5(4 5% Standard Motors 4% 4% Salt Creek 14(4 14% Tonopah Extension 1 7-10 1% Tonopah Mining 1(4 1% I’nited P S new 11-1(1 1% C. S. Eight & Heat 1% 1% F. S. Light \ Ileat pfd.... 1% 1% Wright-M.irtin 2 5 Yukon Gold Mine Cos 1 1% Jerome 16 20 New Cornelia 14’/.. 15% Unite 1 Verde 26% 27 Omar Oil 1 1 1-1 G Bey. Tire 15 25 NEW YORK SUGARS. NEW YORK, Nov. 15.—There was a good export demand today lor raw sugars, but such demand had little effect upon prices, ('alias sold at 4.11 c per pound, duty paid, while Porto Ricos were quoted at 4 0025, delivered. Prices of rclined sugars were steady, fine granulated bein'- quoted, at 5,2.:(e 5.3,c per pound and No. 1 soft at 5.30 e. voiti: coffee. NEW ' OR”, Nov. 17.—Coffee values v.vr? i,c iy on the market here tuile;. up.ul: ;; oplbuis being 3 to •< points higher. Rio No. 7, ou spot, was quoted r.t B%c per pound. NEW YORK RICE. NEW YORK. Nov. 17.—Trade in rice was rather quirt today. Domestic rice geld at 39j7(4e per pound. NEW YORK. TU RPENTINE. NEW YORK. Nov. 17.—Turpentine sold at 82e per pound in trade on the market here today.
INDIANA DAILY TIMES, THURSDAY, NOVEMBER 17, 192 L
New York Bonds
.By Fletcher American Cos.) FOREIGN GOVERNMENT BONDS. —Nov. 17Bid. Ask. Arg. (unlisted) 0s Sept. 1, ’45 72 73% Belgian 6s, Jan. 1, ’25 95% 96% Belgian 7%5, June 1. ’45 102% 10.1'/. Belgian Bs, Feb. 1, '4l 10,1% 104% Berne Bs, Nov. 1, '45 106 107 Chile Ss, Feb. 1, '4l 100% 101 Christiania Ss, Oct. 1, ’45....104% 105(4 Copenhagen 5%5, July 1. ’44. 86 $6% Danish Mini Bs, Feb. 1,40. ..105% 100% Denmark Bs, Oct. 15, ’45 100 107 •Canadian 5%5, Dec. 1, ’22... 89% 90% ♦Canadian 5%5, Nov. 1. 23... 89% 90% ♦Canadian 5%5. Nov. 1. '24.. 88 % 89% ♦Canadian ss, Dec. 1, '25 86% 87% Canadian ss, Apr. 1. '26 95% 90% ♦Canadin 5%5, Dec. 1, ’27 89% 90% Canadian 5%5, Aug. 1, '29... 96% 97(4 Canadian ss. Apr. 1, ’3l 91 *q 9-5 ♦Canadian \ss, Oct. 1, ’3l 85% 96% ♦Canadian 5%5, Nov. 1, '3.1... 90(4 91% ♦Canadian 5%5, Nov. 1, ’34.:. 87% 88% Canadian os, Meh. 1, ’37 90% 91 ♦Canadian 5%5, Dec. 1, ’37... 91% 92% •French (Viet.) ss, Opt., '31.. 53% 50(4 •French 4s, Opt., '43 45% 46(4 French Bs, Sept. 15, '45 100% 101% ♦ltalian (war) 5 s 31% 32% Jap (first! 4%5, Feb. 15, '25. 85% 86 Jap (sec.) 4(•• s, July 10, '25.. 85 % 86 Jap 4s, Jan. 1, ’3l 69 (9% Norway Bs. Oct. 1, '4O 100% 107 Sao Paulo Bs, Jan. 1, ’36 99% 103% Swedish lis, June 15. '39 95% 96% Swiss 5%5. Aug. 1, '29 94 % 95 Swiss Bs, July 1, '4O 110% 112 r. K. 5%5, Nov. 1, '22 99% 99% V. K. 5%5, Aug. 1. ’29 90% 90% V. K. 5%5, Feb. 1, ’37 94 94% Zurich Bs. Oct. 1.5. '45 ..105%. 107% Brazil B,* 102'/, 101% French 7%s 95% 90 U’ruguay 8s 101% 162(4 Argentine 7s 99% 99% ♦lnternal loans. CORPORATION BONDS. Bid Ask Alum. (s*. of Am. 7s Nov. '25.-.100% 101 Amor. Cot. OH (is Sept. 2, ’21.. 95% 96 Allier. Tel. (is Oct., 22 99% 100% Aiuer. Tel. 6s Feb. ’24 99% 100 Amer. Thread (is Dec. ’28.... 99% 100% Allier. Toil. 7;> Nov. ’22 101 101% Amer. Tob. 7s Nov. ’23 101% 102 Anaconda 6s Jan., ’29 94% 9-5(4 Anaconda 7s Jail. ’29 99% 100 Aiiglo-Ainer. oil 7%s A| r. '25.103% 103% Armour 7s Julv 15. '3O 101% 102% Atlantic Ref. M-.s Mill., ’31.. 102% 103% Bell Tel. of Can. 7s Apr.. ’25.. 99% loo'. Belli. Steel 7s Julv 15. '22 100% 100% Beth. Steel 7s July 15, ’23.... 100% 10u% Can. Par. (is Midi., 2, '24 99% 100% Cent. Are. Ky. lis Feb. '27... 88'.- 90 C. R. i.%1 P. 6s Feb. ’22 99% 100% ('on. tins 8s Dec. *2l 100 100% Copper Exp. s s Feb. 15, ’22.. 100% 101% Copper Exp. 6 S Kell. 15, ’23..101% 102% Copper Exp. M Feb. 15. ’2l. .102% 102% Copper Exp. 6s Fell. 15. ’25.. 10.1 10.1% Cildahi 7s July 15. ’23 100 100% Fed. Sugar lis Nov. ’2l 96%. 97% Goodrich 7s Apr.. '23 97% 97% Gulf Oil (is July. '23 99' , 100', Gulf OH 7 Feb.. ’XI 192 102% Korkin,- Val. (is Midi., '2l I*7 97% Humble .''! 7s Mcli. 15. ’23 <mi% 100 Int. It. T. 7s Sept.. '2l 7-5 76% K. C. Term (is Nov.. 15. ’23.. 93% 190 Kent). Con. 7s Feb., '30....... 99% !n% Laclede Gas 7< Jan.. ’29 95", 'JO 1 .. Proctor A (i. 7s Midi., '22 too'. 100% Proctor A. G. 7s Midi., '23 H>l% 101% I*Ub. Ser. N. .1. 7s Meh., '22.. 98% !B'% R. .1 Reynolds 6s Aug.. '22. .100% 100% Scars Roebuck 7s Oct. 15. '22. .100 100% Scars Roebuck 7s (lit. 15, "23.. 109% 100% Sinclair 7%s Mny% 15. '25.. 98'. ‘.'7% Solvay A Cie 8s Oct.. '27 To2’i 103 Southern Itv, 6s Meh.. '22.... 99% 99% S W. Bell Tel. 7s Apr., "25.. HMI% K>o% Stand Oil (Csl.l 7s Jan . Ml. .105", 10 V, Stand. Dll i.VYI 7s Jan. "25-Ml. 103% 108% St. Paul I' D 5%s Dec. 15, '23. 9'% 99 Swift 7s Oct. 15. '25 100' ■ 100% Texas Cos. 7s Melt. 1. '23 '.HH% 101% I'tah Sec. 6s Sept. 15. '22.... 96% 97% Western El. 7s Apr.. '25 103 103% Wentlnghouze 7s May. M 1.... 101% 105%
Local Stock Exchange
—Nov. 17— STOCKS. Bid. Ask Xml. Ry. A- Light com 60 00 Ind. Ky. V Light pfd 75 Indp's. & S. E. pfil.... 75 Indpls. A *N. W. pfd 75 Tndpls. St. Rv 36 41 T. If.. T. A L. pfd 50% ... T. If.. 1. & E. pfd 11 T. H , I. i R nun 5 I'. T. of Ind. corn 1 F. T. of Iml. Ist pfd 7 V. T. of Ind. 2d pfil 2 Advance-Kumely coni Advance-Rurnely pfil Anl. Creosoting pfd 91'*’, Am. Central Life 150 Belt. I!. I!, com 57% 66 Belt It. It. pfd 43 52 Century Bldg. Cos. pfd 91 Citizens (ins Cos 21 Dodge Mfg. Cos. pfd 88 97 Home Brewing 54 61 Ind. Hotel com 60 lad. Hotel pfd 93 Did. Nut. luh. Cos 3% ... Did. Title Guar. Cos 47% .. Did. Pipe Lines SI 85 Imlpls. Abnttoir pfd ....... 40% 50 Indpls. Gas 42% 49 Indpls. Tel. com 2 Indpls. Tel. Cos. pfil 99 Mer. Pub. I til. pfd 41'% 51% Nat. Motor Cor. Cos 2 3 Puli. Savs. Ins. Cos 4(4 Rauii Fertilizer pfd 10 Stand, oil of Indiana S3 87% Sterling Fire Ins. Cos 6% 7% Van Camp Hdw. pfil 91 101 Van Camp Prod. Ist. pfd 101 Van Camp Prod. 2d pfd..... ... 101 Vandalia Coal Cos. coni ... 4 Vandnlia Coal Cos. pfd 5 9 Wabash Itv. com 6 9 Wabash Ry. pfd... 20 21 BONDS. Broad Ripple 5s .59 Citizens St. Ry. 5s 6.4 70 Indian Creek Coal A Mine.. .. 100 Ind. Coke A Gas (U 90 Indpls., C. A South. 5s IK* Indpls. A Martinsv. 5s 51% ... Indpls. Northern 55.. .17 43 Indpls. N. W. 5s 49 56 Indpls. A S. E. 5s 45 Indpls . S. A S. E. 5s 60 Indpls. St. Rv. 4s 4.8% 52 Indpls. T. A- T. 5s (is 75 T. IF.. 1. A E. 5s 46 C. T. of Dill. 6s 47 52 Cltizenß Gas Cos. 5s 77% 79% Indpls. Gas 5s 71 81 Kokomo. M. AW. 5s 77% 79% Tnd. Hotel Cos. 2d 6s 93 Tndpls. L. A 11. 55... 7,8 81 Indpls. Water Cos. 4%s 72 •... Indpls. Water Cos. 5s 91 95 Mer. 11. A L. 5s 92 New Tel. Ist 6s ,2 94 New Tel. L. D. 5s 93% ... Sou. Ind. Power 5s 89% ♦Ex-dividend sl.
Local Curb Market
(By Newton Todd) —Nov. 17Amor. Hominy com 11 17 Central & Coast Oil ■% 1% Ornate oil Corp % 1% Columbian Fire Ins, Cos 6 7% Comet Auto 1% 2% Dayton Rubber Units 68 70 Dictograph Prod, pfd 40 55 D. W. Griffith 8 0% Klgin Motor Car 3% 5 Federal Fin. Cos. pfd 2. 75 85 Fed. Fin. Cos. com 120 127 Gt. Bon. I’rod. & Ref; 5Vi 0 Horst & Cos. pfd 82 52 Indiana Rural Credits 50 02 Metro. 5-10 c Stores com 8% 11% Metro. 5-50 c Stores pfd 26 30 National Underwriting 3% 5 Revere Motors *4 Bauch & Lang Units 45 53 Itub-Tcx Units 15 17% C. S. Automotive Units 75 85 U. S. Mtg. CYC Units 148 158 BANK STOCKS. Commercial Natl. Bank 71 81 - Continental Nat). Bank 109 116 Indiana Trust Cos 175 190 Indiana Natl. Bank 258 208 Merchants Natl. Bank 280 Natl. City Bank 105 110 Security Trust Cos 130 State Savings & Trust 90 94 Wash. Bank & Trust C 0.... 150 CLEVELAND PRODUCE. CLEVELAND, Nov. 17.—Butter—extras in tubs, 59 % (ftp lc; prints, 51%@52c; extra firsts, 49%@51c; firsts, 48%4/490: s-eonds, 39%4/40c; packing stock, 20%4/ 27%c. Eggs—Fresh gathered northern extras, 59e; extra firsts, 58c; Ohio firsts, new cases, 05c; old cases, 53c; western firsts, new cases. 50c. Poultry—Live, heavy iowls, 224724 c: light fowls, 10(ft! 18c: light springs, 17<f(18o: live spring ducks. 25@2$e: turkeys. 574/38c. Potatoes —Michigan, 53 jier 150-lb. bag; Early Ohio, $2.80. Sweet potatoes—Jerseys, $3.00 per barrel; per hainpefc
SWINE VALUES BARELY STEADY Lambs 50 to 75 Cents Lower— Cattle Trade Slow. RANGE OF HOG FKICES. Nov, Mixed. Heavy. Light. * Good Good Good 9. $7.35 $7.25® 7.33 $7.35® 7.40 10. 7.50 7.37.50 7.75© 7.90 12. 7.25@ 7.35 7.25 7.35® 7.50 14. 7.35 7.25@ 7.55 7.50 15. 7.00® 7.10 7.00 7.10® 7.25 16. 7.00® 7.10 7.00 7.10© 7.25 17. 7.00© 7.10 7.00 7.10® 7.25 With receipts around 8,000 anil both local packers and shippers with Eastern house connections showing fair demands, swine prices ruled barely steady in trade on the local live stock exchauge today. However, there was not the activity in trading that there was on the market of the previous day and it was doubtfull whether or not all of the receipts would move before tue close. Light swine, as on the market of the previous day, brought [email protected], but some good mixed swine that would have brought $7.15 oil the previous day brought only $7.10. Nevertheless, sales of that kind were scarce and could not lie considered as within the general market. The bulk of the sales were made at $7. The cattle market followed the same trend that has been taken for the past week or more, being dull, and draggy, with prices barely steady to lower. Some sales of poor cattle were said to have been made at values that were fully 25 cents lower. There were but few good cattle among the 600 fresh receipts, but packers were buying cattle regardless of the poor quality. There were, comparatively speaking, no good steers ou the market. Bulls were iu fair demand at about steady prices. Calves were steady, with receipts extremely light at 300. There was a top of sll on choice veals, the top maintained on the market of the previous day, while the bulk of that grade sold at $10.50. Sheep were steady, considering the quality offered, while lambs were 50 to 75 cents lower. All of the receipts were wet anil in poor condition for marketing. The top of the market was SB, which was paid for a few ewe and wether lambs. Receipts were light, running around 300. HOGS. Best light hogs, 150 to ISO lbs, average $ 7.1Q4* 7.25 Over 59 lbs O.OOftt 7.(41 150 to 300 Jb.s 0.90%: 7.25 Sows 5.50% 6.50 Rest pigs, under 110 lbs 7.25% 7.50 Bulk of sales 7.00 CATTLE. I’rime cornfed steers, 1,300 to 1.800 lbs 7.00® 8.00 Good to choice ueers, 1,200 to 1,300 lbs 0.23% 7.00 Good to choice steers, 1,100 to 1.200 lbs 5.75% 6.25 Good to choice steers, 1,000 to 1.100 lbs 4.50% 5.50 Common to medium steers SOO to 1,000 lies 4.00% 5.00 Choice yearling steers 8.00%11.00 —lielfers and Cows— Good to choice heifers 6.509$ 7.50 Medium heifers 5.09% 6.00 Common to medium heifers .. 3.50%1.75 Good to choice cows 2.25% 3.50 Fair to medium cows 1.00% 2.00 Cutters 1.50% 2.30 Caiincr* 75% 1.50 —Bulls— Good to choice butcher bulls. 3.50% 4.0*9 Bologna buils V 3 00% 3.25 Light bologna bulls 225% 2.75 Light to common bulls 2.00% 2.25 —Calvc— \ Choice veals $lO 50% 11.00 Good veals 9.0001.10.00 Medium veals 7 (Kl% 9.00 Lightweight reals 5.00% 7.00 Common heavyweight veals.. 4.00% 500 —Stoekers anil Feeders— Good to choice steers, under 800 lbs $ 4.50% 5.50 Medium coin's 2.00% 3.00 Good cows 3.00% 4.09 Good heifers 5.90% 7.0 Medium to good heifers 4 00% 5.00 SHLLI* AND LAMBS. Ewe 2.00% 3.00 Bucks 1.50% 2.00 Choice ewes and wether lambs 7.00% 8.09 Seconds 6.00%: 0.50 Buck lambs 5.00%6.50 Culls 2.00% 3.00
Other Livestock
CHICAGO, Nov. 17.— Hogs— Receipts, 47,000; market, fairly active and 10 to 15 cents lower; bulk of sales, $0,004/0.80; top; $7.25; heavies, $0.054/'o.s.',; mediums, 56.70firf6.85: lights, $6,054/0.85: light liglits. $0,804/7.25; heavy packing sows, smooth. $0410.50; packing sows, rough; pigs, $7.25@8. Cattle—Receipts,' 11,0:4); market, steady to higher. Beef steer.?; choice and prime, $8,504/11.50; medium and grnid, $3,734/9.50; good and choice, $8.751}/,i 1.10; common and medium, $4.75© 8.75. Butelier cattle; heifers, $3,254/8.50; cows, $34/5.75; luills, $24/3. Canners and cutters; cows and heifers, $2,504/3.50; i-amitr steers, s<i@9; veal calves, $4.50 4/0.40; feeder Steen), $8,254/6.25; stoekor steers, $2,754/5. Sheep and lambs —Receipts, 17,000; market, steady to 25 cents lower; killing classes, 25 cents lower; others, steady; good to choice lambs, $8.25419: cull and common lambs, $5.5(14/ 8; yearling wethers, $5,504/7.50; ewes, $24/ 4.25; cull and common ewes, $1.50@2; feeder lambs, $7,404/8.40. CLEVELAND. Nov. 17.—Hogs—Receipts, 3,500; market, steady to 25 cents lower; yorkers, $7.50; mixed, $7.25; mediums, $7.25; pigs, $7.5/1; roughs. $6.25; Stags. $4.25. Cattle Receipts, 300; market, slow; good to choice steers, SB4/9; good to choice heifers, ss@o; good to choice cows, $44/5; fair to good, $34/4; common cows, s2@3; good to choice bulls. $4,504/5; Milkers, $354/75. Sheep anil lambs—Receipts, 1,800; market, steady; toti, $9.25. Calves—Receipts, 200; market, 50 cents lower; top, sll. CINCINNATI, Nov. 17.—Hogs—Receipts, 3,800; market, 15 to 25 cents lower; heavies and mediums, $7.25; lights, $7.75; pigs, $8.25; roughs, $5.75: stags, $4.75. Cattle —Receipts, 1,000; market, slow and weak; bulla, steady; calves, [email protected]. Sheep and lambs—Ucreeipts, 1,500; market, steady; ewes, sl4/ 3.50; choice lambs, $9.50; seconds, $7; culls, $44/5. EAST ST. LOUIS, Nov. 17. —Hogs—Receipts, 9,500; market, generally steady; mixed and butchers, $6.554t7; good heavies, $6,854/7; roughs, $4,754/6; lights, $74/7.15; pigs. $7.254/8.25; bulk of sales, $6 904/7. Cattle—Receipts, 4,500;j market, steady; native beef steers, $74/8; yearling steers and heifers. $7,754/8; cows, $3,254/5: stoekers and feeders, $3,504/5.75; calves, $4.504/9.75; canners and cutters, $1 504/3. Sheep and lambs—Receipts, 1 000; market, steady; mutton ewes, $34/ 3.75; choice lambs, SB4/8.50; canners aud choppers, sl4/2. EAST RUFFALO, Nov. 17.—Hogs—Receipts, 7,500; market, active yorkers, $7 754/7.90; pigs. $7,754/8; mixed, .87.404/ 7,50; heavies, $74/7.25; roughs, $6,254/ 6.50; stags, $44/5. Cattle —Receipts, 500; market, slow; shipping steers, $7,504/ 8.25; butcher grades. $74/8.50; heifers, $5,254/7; cows. $1.254/5; bulls, ' $34/5.50; feeders, $4,504/5.50; milk cows and springers. $404/135. Calves—Receipts, 550; market, slow; cull to choice, $4,504/ 11.50. Sheep and lambs—Receipts, 2.000; market, active; choice lambs. $9,504/9.85; cull to fair, $6.75(7/9: yearlings, $4.50© 0.50; sheep, $1,504/4.73. PITTSBURGH, Nov, 17.—Hogs—Receipts, 2,800; market. 104715 c lower: prime heavies, $7.254/7.35: mediums, SB4/ 8.10; heavy yorkers, [email protected]; light yorkers, [email protected]; pigs, $8,154/8.20; roughs, $6.25; stags, $44/4.75; heavy mixed, $7,354/7.50. Cattle—Receipts, 100; market, steady; $8.254/8.50; prime, $7.75 4/S; good, $74/7.25; tidy butchers, $6,754/ 7; common, $4.504/5: common to good fat. bulls, $3.504/5.25; common to good fat cows, $24/5; heifers, $4,234/0; fresh cows and springers, $404/95; veal calves, sl2; heavy and thin calves. $54/8. Sheep and lambs —Receipts, 1.200; market, steady; prime wethers, $4,754/5; good mixed, $4,504/4.75; fair mixed, $3,504/ 4.25; culls and commons, sl4/2; choice lambs, $8.50. 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 ,18c; No. 3,14 c. Chucks— No. 2,9 c; chucks, Bc. Plates—No. 2,9 c; No. 3, Bc. Loins —No. 2, 28/-; No. 3,22 c. Rounds —No. 2,15 c; No. 3,12 c.
GRAINS SUFFER LOSSES AT CLOSE Slump Sets in After Strong Opening Is Maintained. CHICAGO, Nov. 17.—Grains opened stronger on the Chicago Board of Trade | today, but slumped in later deals and j showing declines at the end of the' session. The possibilitj’ of larger receipts, because of reduced freight rates, stimulated selliug and brought the market down: Provisions were lower. December wheat opened at $1.07(4, "9 %c, anil fell l%c at the close. May .wheat was (5c higher at the opening at $1.09% and later declined l'/ac. December corn opened up *','4c at 4S(4c and closed off (4<*. May corn opened up %c at 53(tc, and closed off %c. December oats opened (4c higher at 33<: and closed off ((c. May oats was up (4c at the opening at 57%c and closed i down (sc. (By Thomson A McKinnon.) —Nov. 17. Wheat—Bearish statistics, the Canadian situation and lower cables seem to lie losing their effect. On the other- hand, the domestic situation seems to lie coming to the fore with a little more emphasis. The market is still narrow and it runs into liberal selling orders ou sharp advances, but it also runs into very liberal buying orders, seemingly placed to catch the selling done on breaks. The trade seems to be impressed by tlie small primary movement, present and to come, and it is the incentive for 5111111* of the buying on the two or three setbacks. We had some rains in the winter wheat country, but unfortunately not in the suffering part of the Southwest territory. Clearances were liberal today and we think caused a little confidence. The talk is that there lias been large export sales lately. On the whole, the market Impresses 11s with the idea that steadiness to a possible improvement is more than likely unless the ivornout bearish matters of recent date become more impressive agaiiisthan seems likely now. Canadian farmers are supposed to own from to fifteen million bushels of the twenty-five million bushels of wheat at Fort William and Port Arthur. Corn and oats—The eoru market continues to show an exceedingly good demand by Eastern shippers and exporters with a view to getting stocks East before the close of navigation. Cash corn sold 1 cent higher today. Oats were * (4c higher, with the basis firm and the visible supply now started to decrease. Provisions —While the hog market was again a little lower, under fairly good supplies, prices of product were well maintained and there to be a fairly good competitive demand. CHICAGO GRAIN TABLE. —Nov. 17WII EAT— Open. High. Low. Close. Doc '.o7', 1.07% 1.05'i 1.06% Ma v.... 1.00% 1.10(4 1.08 1.08(4 CO UNDee 48(4 .48'1 .48 .4.8 Mnv 53'j .53) j .52% .52(4 OATS— Dec 33 .33 .32% .32% May 37*4 .37(4 -37% .37% PORK—•Jan 11.00 LARD— Jan 8.20 5.30 8.17 8.25 May.... 8.65 8.75 8.65 5.70 RIBS—•Jan 7.00 •May 7.40 RYE— Jan...., .77% .78. .76% -77—4 May 82'4 .82*4 .81% .82% •Nominal. TOLEDO GRAIN PRICES. TOLEDO, Nov. 17.—Wheat Cash. R 1.22; December. $1.21(4; May. *t.27‘-.*. *'<irr. Cash, 51 tqs2'*. Hats Cash, ::7%%39%c. Rye—Cash, 78c. Barley—Cash, 63c. riCI .lAKV MARKETS. (By Thomson A McKinnon.) Nov. 17— Wheat. Corn. Oats. St. Joseph.... 5,000 12,000 Chicago 52.(419 153.003 N5.009 Milwaukee ... 13,(100 53,00(1 Minneapolis.. 315.0D 20,000 59,003 Duluth 2H1.009 7.0 9 Si. Louis... 20.00* IO.'UOOO 32.609 Toledo 6.020 18.090 43*09 Detroit 3.000 5.(410 6.000 Karts,-is ( Ry.. 121.0 1 13,000 3.000 Peoria 7,020 50,009 7.000 (luiatj.i 10.000 29,000 12,000 Indianapolis.. S.CJO 66, (**> 28,000 Totals 761.000 489.000 289,000 Year ago... 1,318.000 361,090 366,090 —Shipments— Wheat. Corn. Oats. St Joseph. .. 5.001) 27,000 Chicago 15.000 261.000 543,000 Milwaukee ... 39G0 6.000 31.009 Minneapolis. . 15,0,003 21.000 110.00*0 Duluth 351,609 15.000 St. Lr.Uis.... 78.00 * 81,090 ;>JI9O Toledo 48,000 UNI) S.OOO Kansas City.. 165,009 9.000 12.000 Peoria 50.0.5* 58,000 Omaha 80,000 42,000 1.8,000 Indianapolis.. 1,030 42.009 _ 4,(KX> Totals 882,00 * 5.19.000 837.000 Year i.g0... 1,182,000 218,000 367,000 —Clearances - Wheal. Corn. Oats. New York.... 510,(3)0 17.009 Baltimore 137.000 New Orleans. 117.000 .129,090 Totals 629,000 288.009 Year ago... 571.000 17,030 INDIANAPOLIS CASH GRAIN. —Nov. 17Bids for car lots of grain and haw- at the call of the Indianapolis Board of Trade were; Wheat—No sales. Corn—Firm: No. 2 white. 5.0%51(2e; No. 3 white, 47({|iii49e; No. *2 yellow, 50 0i51)(ic; No. 3 yellow, 47(4% 19c; No. 2 mixed' 46 , /*%4Sc; No. 3 mixed, 44(6@ 40c. Oats—Steady: No. ‘2 white. 36%%37(Ac; No. 2 white, 36%%37(ic; No. 3 white, 31 (3 %35'oC. Hay—Steady; No. 1 timothy. [email protected]; No. 2 timothy. $16.50% 17: No. 1 light clover mixed, $ 10% 16.50; No. 1 clover, $10.%20. —lnspections Corn—No. 1 white, 4 oars; No. 2 white, 2 cars; No. 3 white, cars; No. 4 white, 7 cars; No. 5 white, 3 cars; No. 1 yellow. 2 cars; No. 2 yellow, 8 cars; No. 3 yellow, 3 cars: No. 4 yellow, 7 cars; No. 5 yellow. 8 ears: No. 6 yellow, 4 cars*, sample yellow, 4 car; No. 3 mixed, 9 cars; No. 4 mixed, 2 cars; No. C mixed, 1 car; total. 69 cars. Oats—No. 2 white, 4 cars; No. 3 white, 15 cars; No; 4 white, 5 cars; sample white, 1 car; total, 25 cars. Rye—No. 3, 1 car. HAY MARKET. The following are the Indianapolis prices for. hay by the wagon load, delivered : Hay—Loose timothy, s!6@l7; mixed may, $15%. 16; baled hay, $1(i%17. Oats—Bushel, new, per bushel. 32@35c. Corn—Old, per bushel, 55%60c. WAGON WHEAT PRICES. Indianapolis flour mllis and elevators today are paying $1.07 for No. 1 red winter wheat; $1.05 for No. 2 red winter wheat and according to test for No. 3. Oats are quoted at 20c sci No. 3 white or better. WHOLESALE FEED PRICES. Ton. Cwt. Acme Bran ..$21,00 sl.lO Acme Feed 21.00 1.10 Acmo Mills 21.00 1.10 Acme Dairy Feed 40.00 2.03 Acme H. A M 27.00 1.40 K '/j Dairy Feed 29.00 1.5*0 Acme Stoek Feed 22.00 1.15 Acme Farm Feed 26.75 1.40 Cracked Corn 25.50 1.30 Acme Chick Feed 35.00, 1.80 Acme Scratch 31.00 1.60 E-Z Scratch 28.50 1.45 Acme Dry Mash 38,25 1.95 Acme Hog Feed 33.25 1.70 Ground Barley 34.75 1.50 Ground Oats 28.75 1.50 Homlick 23.25 1.20 Rolled Barley 34.75 1.80 Alfalfa Mol 30.50 1.00 Cottonseed 50.00 2.60 Chick Mash 40.75 2.10 Tankage 52.50 3.00 Meat Scraps 75 00 4.00 TOLEDO SEED PRICES. TOLEDO. Nov. 17.—Cleverseed—Cash and December, $12.70; January and February, $12.80; March, $12.75. Alsike— Cash. $10.90; December, $11; February, $11.15; Mnreh, $11.25. Timothy—Cash, $3.02%; December. $3.05; January, $3.07%; February, $3.10; March, $3.20. >
In the Cotton Market
NEW YORK, Nov. 17. —The cotton mar. ket was 10 to 15 points lower at the opening of the market here today on selling by Wall street, New Orleans and room traders, due to weakness at Liverpool. Later the mart rallied anil became strong, aided by firmness in sterling exchange and in securities. Quotations advanced about 5 points over last night's close. Liverpool and Japanese interests purchased un the rise. New York opening cotton prices: December, 16.70 c; January, 10.55 e; March, 10.ti.7c; July, 16.15 c; October, 15.40 c. /The market sagged quite a bit at the end under profit taking, after having been firm. The close was barely steady, 1 to 10 points lower. —Cotton Futures— Open. High. Low. Close. January 1it.55 16.78 16.21 16.78 March 1(1.63 10.81 16.47 16.81 May 16.50 16.68 10.35 16.5(1 July 10,15 16.3.1 16.09 16 23 October 15.40 15.55 15.30 15.40 December ....... 16.70 10.8 T 10.56 16.80 —Cotton Review — NEW YORK, Nov. 17.—The cotton market moved in ail orderly manner within a reasonably fair range today, but narrow compared with the big price changes that have recently occurred. This seems to us logical under prevailing conditions. We may have a state of facts later on that may warraiA an important advance, but we have no such condition at the present time. Trade conditions, while much better than they have been, could stand further improvement, in England. Supplies, while not overabundant, probat I.v will be ample to meet the existing train remand. Therefore, all things considered, the conditions and the price are fairly well balanced, an dtbe market is in a position to respond to future developments, but as we anticipate improving trade conditions iu the world, we wonliDratber operate on the long side by buyiitg on the reactionary days. LIVERPOOL. Nov. 17.—Spot cotton wits quiet at the opening of the market here today. Prices were firm and sales around 5.090 bales. American middlings, fair. 17.59 J: good middlings, 11.28d; full middlings, IO.SSd ; middlings. 10.48*1: low middlings. 9.18d; good ordinary. 7.43d; ordinary, C.GOd. Futures opened quiet. CHICAGO PRODUCE. CHICAGO. Nov. 17.—Butter—Receipts, 4 500: creamery extras, 44c; firsts. 35% 42c; packing stock (not quoted). Eggs— Receipts, 3.304 eases: current receipr*, 13%: 17c; ordinary firsts, 50$<j54e; checks, 26%28c: dirties. 26%30c. Cheese—Twins, new, 19% lil'/jc; jlaisies. 19 % % 20c: young Americas. 19(0%20c; longhorns. 19(0%2Oc; bricks, 19c. Live poultry—Turkeys, 35c; chickens, 15c; springs. 16c; roosters. 13c; geese, 20c; ducks, 22c. Potatoes—Re-i-eipts, 129 cars; Northern Whites, $1.75 %2 per 150-lb. bag: Red Rivers and Early Ohio*, $1.50% 1.60; Dakotas. $1.10% 1.(55. GIRL HOPES TO REGAIN BEAUTY Former Oancer, Burned by Acid, Turns to Famous Mayes. DENVER, Nov. 17.—With lier face Horribly marred ns result of acid burning Miss Flo I.ieuallen of San Francisco, is making a heroic struggle to overcome the handicap of poverty anil reach Rochester, Minn., where she hopes her ill-shaped features will be corrected by operations at the Mayo Brothers Hospital. Miss Lieunllen cam? to Denver endeavoring to raise sufficient funds to continue her Journey to the Minnesota city, and was aided by a local charitable organization. She made the trip from California tllone in a small automobile, which interested persons here had overhauled for her. She declared that a jealous suitor threw carbolic acid in her face four years ago in San Francisco, "so no one else would have me." Unable to obtain work because of the repulsive marks on Lcr features, nnil penniless. Miss Lieunllen determined to mako her way to Rochester, whore she hopes to regain her beauty. She said she had been promised free treatment upon her arrival there. In 1917, according to Miss Lieunllen, she was a toe dancer in a San Francisco cabaret, having followed the show life of that city from the time she was n young girl and able to give recitations. When she refused the marriage offer of an admirer, she says, her suitor became enraged and flung acid in her face with the statement that if he "couldn't have her no one else could.” The girl's face and throat were horribly disfigured, and several operations were necessary to save her life and eyesight.
Blame Poor Man PHILADELPHIA, Nor. 17. —Nlnely-nine out of every 100 women who commit crimes do it because of sorao man. This is the opinion of Mrs. Mary C. Moore, a police matron, who adds that most women "want to be good and simply have not the real criminal instinct." BERLIN WINK PALACES. BERLIN, Nov. 17.—The disappearance from Berlin of the familiar beer garden of the German middle classes, where the family went for beer and lunch, and their replacement by wine palaces and cabarets, Indicates that as the buying power of the profiteers and new rich has increased that of the middle classes has diminished to the point where even this simple form of amusement has had to be sacrificed. Five hundred of the new fancy and expensive aro now operating in Berlin. ) COLLINS NAMES JUDGE PRO TEM. Announcement v. as made today by Judge James A. Collins of the Criminal Court that he will leave Saturday for Boston. Mass., for a visit with his mother at Cambridge. Emsley Johnson, an attorney, has been selected to act as judge pro tern, during the court’s absence. Numerous special judges on changes of venue also will occupy the bench during Judge Collins’ absence.
Bluff ion Woman Bags 11 Bunnies in 3-Hour Hunt BM7FFTON, Ind., Nov. 17.—Mrs. Itebekah Wall, 63, bagged eleven rabbits in a three-hour hunt. She’s a crack shot with a single barrel shotgun. * Two chicken hawks flew over her farm last summer and she “winged” them. She shot another hawk in her barnyard and frequently supplies rabbits or squirrels lor dinner.
Money io Loan on Mortgages STATE LIFE INSURANCE CO. I BUY p.iZAT SOUTHERN PRODUC- NEWTON AND INQ & REFINING STOCK Tnnn SELL s*e Curb Market 415 LEMCKE BLDO. ■ UUD
NEW YORK CITY NOW IS CAPITAL OF ‘DOPE’ RING Metropolis Clearing House for Country, Says Official. NEW YORK, Nov. 17.—Notwithstanding the huge quantities of drugs—cocaine, morphine, heroin and opiumseized within the last six months, New York City still remains the clearing house of the rest of the country, according to' Dr. Carleton Simon, special deputy police commissioner. Dr. Simon declared that while smuggling of drugs through border towns and other ports has diminished, it continues into the port of New York from European countries, chiefly Germany. A “deck” of heroin—one “shot” —sells on the street from $1.50 to $3, depending upon the locality. The deputy commissioner said drug peddlers average $5 per day from each addict. “We have deprived the smugglers of the income from 2,700 drug victims, which means $12,500 daily,” said Dr. Simon. “But there are still 20.000 drug addicts at large In this city. They represent to the dealers an income of SIOO,OOO daily. These do not include the “legitimate drug users,” addicts who are being treated for the drug habit by their physicians. The narcotic squad does not interfere with doctors or their patients.” Recently a young man of prominent, family v.as among those arrested raid upon a “dope joint.” He had a quantity of heroin upon him and protested that he obtained it from his physician. This was found to be the truth, and he was turned over to his family doctor. "But our object is not to get the drug victims. We want to break up the smuggling ring that is mulcting these poor unfortunates for all they will pay. The Federal authorities are working with us, and onr agents are in Europe watching activities of drug sellers there. We have a complete r#**>rd of every drug user arrested here-wlth Bertillon photographs and a criminal record. Similar records for over 300 cities throughout the country are in our possession, and we received the same data regularly from police of Canada and France.” The ingenuity of smugglers and drug sellers is illustrated by exhibits in the Deputy Commissioner's office. A book with the title "The Annual Report of the Board of Health” had a large hole in the center, two inches square, anil in this hole were a dozen decks of heroin. Other books were similarly cut. An embossed Christmas card, beautifully garnished with flowers and a woman’s slipper; proved to be pure camouflage, as a quantity of heroin was found inside the miniature slipper. A pair of shoes, also on exhibition, were used by a workhouse inmate who sold drugs to other inmates from the shoe linings. BELIEVE 58 LOST IN CHINA SEA Steamer Maria Luisa Sinks Just Outside Manila Bay. MANILA, Nov. 17.—Fifty-eight lives are believed to have been lost as a result of the inter-island steamer Maria Luisa sinking in the China Sea just outside Manila Ray. There were 139 passengers and crew aboard when the ship went down, according to word reaching here. Survivors were picked up by the steamer ; Kai Maru. According to the survivors, the second of two huge waves which struck the vessel caused her to overturn. The one lifeboat launched was swamped. There were' no Americans aboard. The vessel was owned by the Yang Steamship 1 Company.
HARDING URGES TAX COMPROMISE 40 Per Cent Maximum Income Surtax Favored. WASHINGTON. Nor. 17.—President Harding today urged that a compromise he reached between the House and Senate provisions fixing a maximum surtax on incomes In the pending tax revisit)* bill. The Senate agreed upon a maximum surtax of 50 per cent and the House voted for a maximum of 32 per cent. The President today lent his support to a compromise fixing the maximum at 40 per cent. He conferred with Chairman Fordney of the House Ways and Means Committee and urged that the House support the compromise measure, and expressed his belief thrt the maximum should be less than 50 per cent. The House will vote on the matter this Mol noon. , ' h S.j/ KANSAS MINERS DROP FROM UNION Classed as ‘Outlaws,* Many Are Suspended. PITTSBURG, Kan., Nov. IT. tween 4,000 and 5.000 miners In southern Kansas were automatlcaUy ousted from the United Mine Workers of America by their failure to desert the “outlaw” ranks of their suspended leader, Alexander Ilowat, aud return to work yesterday. United Miners leaders declared today. An order from International Union headquarters held that all men and locals not back at work yesterday would be ousted from the union. It was declared the order would result in the cancellation of the union cards of Alexander Ilowat and August Dorchy. district president and vice president in jail at Columbus, Kan. Howat Issued a statement from the Columbus jail calling the order “contemptible.” CHECK HEARING CONTINUED. Leonard Campbell, charged with Issuing a fraudulent check, today was tried in the Criminal Court. After hearing the evidence in part the case waa continued until tomorrow. Frank La Rosa, charged with receiving stolen goods, was found not guilty and was dis-? charged. FESLER GOES TO FLORIDA. County Auditor Leo K. Fesler todav was eu route to Florida on a business trip. He is expected to return some time next week.
