Indianapolis Times, Volume 34, Number 177, Indianapolis, Marion County, 5 December 1921 — Page 10
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NOTICE OF SALE OE BONDS OF PARK DISTRICT OF 'TOE CITY OF INDIANAPOLIS, IND. Sealed bids will be received by the city controller of the city of Indianapolis, Indiana, until 12 o’clock m.. on the 24th day of December, 1921, for the whole or any part of fifteen thousand ($15,000.00) dollars of bonds of the park district of the city of Indianapolis, Indiana, which said bonds are designated "Park District Bonds of 1921, Issue No. 9," aid will be dated as of Dec. 24, 1921. Said bonds will be thirty (30) in number and will be for five hundred ($500.00) dollars each with interest coupons attached. Said bonds will bear Interest at the rate of four and onehalf (4(i',c) per cent per annum, payable semi-annually on the first day of January and July of each year. The first coupon on each bond will become due and payable on the first day of July, 1923. and will be for the interest on said bond from date of issue to said date. This issue of bonds consists of thirty (30) annual series of one bond each. The first series will become due and payable on the first day of January, 1924, and one series will mature on the first day of January of each succeeding year in the consecutive order of their respective numbers. Both princ'nal and interest are payable at the office cf the treasurer of the. city of Indianapolis, Indiana, ar.d constitute an obligation of the park district of the city of Indianapolis, Indiana. Bids for the purchase of said bonds shall be indorsed ’’Bid for Park District Bonds of 1921, Issue' No. 9.” directed to the city controller, Indianapolis, Indiana. Bidders may bid for all or any part of said bonds. Proposals will be opened by the city controller at his office on the 24th day of December, 1921, between the hours of 12 m. and 2 o'clock p. m., and said controller will thereupon award said bonds, or if he shall see fit, a part thereof, to the highest and best bidder therefor, but the said controller shall have the right to reject any or all bids or proposals or any part thereof, and shall have the right to accept a part of any bid, and to award upon any bid the whole or any less number of bonds covered by %ach bid, excepting only that no bopds shall be sold for less than par. He may also. In his judgment and discretion, award a pa{s of said bonds to one bidder and a part to another. Each bid shall be accompanied by a certified check upon some responsible bank of the city of Indianapolis, Indiana, payable to the order of Ralph A. Lemcke, city treasurer, for a sum of money equal to two and one-half (2 V4'/t) Per cent of the face or par value of the bonds bid for. The bonds awarded will be delivered at the office of the city treasurer of Indianapolis, Indiana, on the 24th day of December, 1921, or at such time or times as may, on the day bids are opened and award is made, be agreed upon; all such deliveries, however, to be made within thirty (30) days from the date of such award, and the successful bidder or bidders shall Like and pay for the bonds awarded to him or them and his or their omission, neglect or refusal so to do shall boa breach of the contract of his bid or proposal, on account of which damages shall be retained or recovered as liquidated. Said bonds are ofTercd for sale under and by virtue of the provisions of an act of the General Assembly of the State of Indiana, approved March 14, 1919, entitled "An act concerning t.ie ’department of public parks’ in cities of the first class, defining its powers and duties, creating a taxing district for park purposes in each city of the first class, repealing coniiicting laws and declaring an emergency,” and all acts amendatory thereof or applicable thereto, and pursuant to a resolution ot the Board of Bark Commissioners of the city of Indianapolis, Indiana, directing the undersigned to issue and sell bonds foi the purposes therein set out. The te opinion of Messrs, Smith, Bemster, Hornbrook &. Smith concerning the 1 gality of these bonds will be furnished to the successful bidder for the same. ROBERT H. BRYSON, City Controller.
NOTICE OF SALE OF BONDS OF PARK DISTRICT OF THE CITY OF INDIANAPOLIS, IND. Sealed bids will be received by the city Controller of the city of Indianapolis. Indiana. until 12 o’clock in., on the 24th day of December, 1921, tor the whole or any part of sixteen thousand ($16,90) dollars of bonds of the park district of the city of Indianapolis, Indiana, which said bonds are designated "Park District Bonds of 1921, Issue No. 11,” and will be : dated as of Dec. 24, 1921. Said bonds will be thirty-two (32) in number and will be for five hundred ($500) dollars each with interest coupons attached. Said bonds will bear interest at the rate of four and one-haif (4%'%) per cent per annum, payable semi-annually on the first day of January and July of each year. I The first coupon on each bond will become due and payable on the first tiay of July, 1923, and will be for the interest on said bond from date of issue to said date. This issue of bonds consists of thirty-two (32) annual series of one bond each. The first series will become due and payable on the first day of January, 1924, and one series will mature on the first day o January of each succeeding year in the consecutive order of their respective numbers. Both principal and interest are payable at the office of the treasurer J city of Indianapolis, Indiana, and constitute an -obligation of the park district of the city of Indianapolis, Indiana, Bids for the purchase of said bonds j shall be indorsed "Bill for Park District | Bonds of 1921. Issue No. 11.” directed to the city controller, Indianapolis, Indiana. Bidders may bid for all or any part of said bonds. Proposals will be opened by the city cpntroller at his office on the 24th day of December, 1921. between the hours of 12 m. anj 2 o'clock p. rn. ami said controller will thereupon award sskii bonds, or If he shall see fit, a 7>axt thereof, to the highest and best bidder therefor, but the said controller shall have the right to reject any or all bids or proposals or any part thereof, and shall have the right to accept a part of any bid. and to award upon any bid the whole or any less number of bonds covered by each bid. excepting only that no bonds shall be sold for less than par. He may also. In his judgment and discretion, award a part of said bonds to one bidder and a part to another. Each bid shall be accompanied by a certified check upon some responsible bank of the city of Indianapolis, Indiana, payable to the order of Ralph A. Lemcke, city treasurer, for a sum of money equal to two and one-half (2%*)7) per cent of the face or par value of the bonds bid for. The bonds awarded will be delivered at the office of the city treasurer of Indianapolis. Indiana, on. the 24th day of December, 1921. or at such time or times as may. on the day bids are opened and award is made, be agreed upon; all such deliveries however, to be made within thirty (30) days from the date of such award, and the successful bidder or bidders shall take and pay for the bonds awarded to him~or them and his or their omission, neglect 'or refusal so to do shall be a breach of the contract of his bid or proposal. on account of which damages shall be retained or recovered as liquidated. Said bonds are offered for sale under nd by virtue of the provisions of an act of tile General Assembly cf the State of Indiana, approved March 14, 1919, entitled “An Act concerning the ’department of public parks’ in cities of the first class, defining its powers and duties, creating a mxing district for park purposes in each ♦tty of the first class, repealing confiictftig laws, and declaring an emergency." and all acts amendatory thereof or applicable thereto', and pursuant to a resolution of the board of park commissioners of the city of Indianapolis, Indiana, directing the undersigned to issue and sell bonds for the purposes therein set out. The opinion of Messrs. Smith. Remster, Hornbrook A- Smith concerning the legality Os these bonds will be furnished to the successful bidder for the same. ROBERT H. BRYSON, City Controller. NOTICE TO HEIRS. CREDITORS, ETC. 59—15504. In the Probate Court of Marion County. November term. 1921. In the matter of the estate of Mo.He M. Hoyse. deceased. Notice is hereby given that Clarence D. Royse as executor of the above named estate has presented and filed his account and vouchers In final settlement of said es* tate, and that the same wil come up for the examination and action of said Probate Court, on the 24th day of December, 1921. at which timp asl heirs, creditors or legatees of said estate are required to appear In said court and show cause, if any there be. why said account and vouchers should not be approved. And the heirs of said estate are also required to appear and make proof of their heirship. RICHARD V. SIPE. Clerk, FINANCIAL. WE LOAN S2O to S3OO On Our New SELECTIVE, FLEXIBLE. I PAYMENT PLAN Select your own terms of repayment CAPITOL LOAN CO. • 141(4 E. Washington St. MA in 0585. LI ncoln 7184 FIRST and second mortgages on Indiana and Indianapolis real estate. R. B. WILON. 1 N' Delaware st. Main 16H. THE shortest distance between two wants la a Times Want ad. Your customers aee them. Why don't yomt
FINANCE WORLD DIVIDED IN TWO OPPOSED CAMPS \ One Side Optimistic, While Other Says Conditions Are Unchanged. JUDGE GARY’S OPINION Special to Indiana Daily Times and Philadelphia Public Ledger. By MONITOR. N7W YORK, Dec. s.—As the week closes, financial sentiment appears to be divided into two distinct camps. One is dominated by optimism amounting almost to enthusiasm in the expectation that the wave of investment buying will grow and overflow into eventual speculative channels, revivifying industry and business and developing into a genuine bull market. A view almost diametrically opposite is taken by others, who at present are not translating conviction into action, that the present market is purely a moDy affair and that economic conditions stand as an insuperable barrier to a stable bull market or any advance of extent or per manency. RISE OF LIBERTY BONDS. There is little doubt that the wave of buying that first made its appearance in the security markets, originated in the investment section and was largely institutional in character. Liberty bonds were bought in enormous quantity at rising prices. These issues advanced until some of them crossed par. Other giltedged bonds were taken up in the same way. New flotations of a desirable character were speedily taken, and in several cases oversubscribed. Solid preferred stocks and seasoned dividend payers among the specialties felt the influence of the buying movement. It wits but natural that the speculative element should become active in certain stocks, with unfavorable elemeuts discop n ted and prospects for an improved future. Undoubtedly this has been the occasion for the buying in the oils and coppers as well as numerous specialties. CONSERVATIVE OPINION'S. Thus far in the opinion of the conservative element, nothing has transpired to afford material improvement in our economic position as regards high production costs and maladjustment between various producing groups. The view is taken that the market may continue its advance until the buying power resulting from a sound money and credit situation exhausts itself, and then it will run into an impasse. There is no doubt the economists and similar experts connected with banks at and some of the larger corporations view wi’ta much skepticism the predictions of a recovery largely or solely through tim impulse furnished by the improved money situation in the t'nited States. One well known publicist puts the case as follows: “The real solution of the problem of business depression in the United States. Great Britain and other countries similarly situated is in its terms very simple, though its practical working out is confessedly beset with the greatest difficulties. The one and only sound and permanent solution is that in every country each and every class or group bo put in the position of obtaining in exchange for its products or services as large a measure of products or services from each and every other class or group as it obtained in the days of properly balanced economic activity and prosperity before the war.” JUDGE GARY COMPARES WAGE SCALES. The same conclusion, or a somewhat similar one, is to be drawn from the remarks of Judge Gary In his speech before the American Iron and Bteel Insiltute. It will lie recalled that he forcibly emphasized the margin between the wholesale and retail prices of certain necessities end compared the wage scales in the building trades on the basis of 1913 and 1921. Conclusions much along tbe same line are drawn by one of tne large f. ancial institutions In the following: “Reductions in wages, like Increases, have not been uniform. Asa result we have a maladjustment of purchasing power; is seems evident that until there is a better adjustment of purcnasing power and production, sound foundations will not exist for a permanent revival of business.” Those may be largely the cold text- took deductions of the scholarly revival economists. Hope, at le.dst, may be engendered by the though that the unfavorable features in tbe situation are growing encouragingly less, while the favorable ones are becoming more numerous.—Copyright, 1921, by Public Ledger Company.
INDIANAPOLIS PRODU4 I\ Butter— Local_dealers nre paying 41® 42c per lb. for butter delivered in Indianapolis. Eggs—Loss off. 50®53c. Butter —Backing stock. 19® 20c. Poultry—Fowls, 16® 22c; springs, 18®19c; cocks, .10®l2c; stags. 12® 1.3 c: young hen turkeys, 8 lbs., and up 30®35c: young tom turkeys, 12 ibs. and up, 30®35c: old tom turkeys, 27 ®3oc; cull thin turkeys not wanted: ducks, 4 lbs. and up. 16®lSc; spring darks. 3 lbs. and tip, 17c: gees<v 10 lbs. and up, 15c: rabbits, drawn, per dozen. $1.50; squabs, 11 lbs. to dozen, $5; young guineas, 2-lb. size, per dozen. s7®B; old guineas, per dozen, $5. Butterfat—Local dealers arc paying 42c per pound for all butterfat delivered in Indianapolis. CHICAGO PRODUCE. CHICAGO, Dec. s.—Butter—Receipts. 5.892 tubs; creamery extras, 44c: firsts, 35 ®42c; packing stock, 23@25c. Eggs—Receipts, 4.125 cases; current receipts, 52® 54c; ordinary firsts. 45®56c; firsts. 54® 56c; checks, 28®30c: dirties, 30®32c. Cheese—Twins, new, 10c; Daisies, 18%@ 18%c; Y’oung Americas, 19%c; Longhorns. 19%c: Bricks. 16%c. Live poultry —Turkeys, 32c; chickens, 19c: spr,ugs, 22%c; roosters, 15c; geese, 23c: ducks, 22c. Potatoes —Receipts. 47 cars; Wisconsin Whites, $1.60® 1.90 per bag: Minnesota Whites, $1,600/1.75; Red Rivers, $1.60® 1.70; Idaho Russets, $2®2.15. FINANCIAL. TOO CAN BORROW MONEY SO CHEAP and on such easy terms of repaymei, from the Fidelity Loan Company, a licensed and bonded firm, for use in paying overdue bills or to buy the things you need for CASH *t BARGAIN PRICE? that every one should take advantage 0/ our service. LOANS ON FURNITURE $20.G0 to $300.00 at legal rates, on short notice and without publicity. We give you all the time you want to repay a loan and only charge for the actual time you have the money. Fair, isn't it? You Can Afford to Borrow On $ 40 pay $2 a month and interest On $ 60 pay $3 a month and interest On SIOO pay $5 a month and interest PA2 MORE ANY TIME AND REDUCE THE COST IN YOUR BEHALF We are on the Job eight hours a day. and through personal contact and personal plus a deep personal Interest, we can serve you and your friends as you wish to be served. In these unusual times, business friendships, close relations, mutual understandings and co-operation are real assets to all of us. We are ready to go three-Xcurths of the way. Now It la up to you. Fidelity loan co. 106 E. Market St. V '-Room 632 Lemcke Bldg. Main 1278. Unooln 7785.
Victory Bonds Sell Above Par NEW YORK, Dec. B.—For the 9rst time sln< they were Issued, Virtu, v bonds today sold above par, both the 4%s and 3->4 bonds touching $llOO O'i. Liberty bonds were strong, the third 4(4s selling up to ¥98.10,
N. Y. Stock Exchange
(By Thomson & McKinnon.) —Dec. 0— Prev. High. Low. Close, close. Allied Chemical 57% 50% 50% 50% Ajax Rubber... 18% IS IS 18% Allis Chalmers.. 38% 30% 38 3i% Am. Agricul 31 30% 30% 31 Am. Beet Sugar 29% 28% 28% 28 Am. B. Mag. Cos. 35% 34 35 Am. Car A Fdy.149% 145, 145% 149% Am. Can 32% 32% 32% 32% Am. H V- L com. 13 13 13 12% Am. II A L pfd. 57% 50% 57% Am. Ice 70% 75% 75% 75% Am. Inter. Corp. 42% 41% 42% 41% Am. Linseed.... 32% 32% 32% Am. Loco 101% 08 1)9 . 07% Am. Sm. & Ref. 44% 43 44 43* Am. Sugar Ref.. 50% 54% 54% 55% -A. Sums. T. Cos. 32% 32Vi 82% 32% Am. Steel F.... 34% 34 34 34Vs Am. T. & T... .140% 115% 110 115% Am. Tobacco ..136% 133% 134 134 Am. Woolen 81% 80% 80% 80% At. Coast Line.. 00 00 90 90 Anaconda M. Cos. 47 40% 40% 40% Atchison 90 89% 89% 89% At. Gulf AW. I. 32% 31% 31% 32 Baldwin Loco.. 96% 94% 95% 04% B. A O 37 Vi 37 37 37 Vi Beth. Steel (B) 57% 50% 56% 50% Cal. Pete 45 44% 44% 44% Caufidiau I’- R. 118% 118 118-% 11S% Central Leath.. 31 29 31 30’% Chandler Motors 49% 47 48% 47 C. A 0 57% 07 57 57’% Chi. Mil. AS. I*. 23 21% 21% 23 C. MA:S I* pfd 30'% 34% 34% 30% Chi. A: North... 09% 68 OS 09% C, R lAc Pac.. 33'.. 33% 33% 33% CRI & P Opct p 70% 75% 70% 70'% CRI Ac P 7pct p 89% 88% 88% 88% Chili Copper... 12% 12% A-'k 12% Chino Copper.. 27% 20% 27% 27 Coca-Cola 38% 38% 38% 35% Col. Fuel & Iron 20'% 25'% 20% 20% Columbia Gas.. 04% 64'% 04% 65 Columbia Graph 4 8% 3% 3% Cosdeu Oil 34% 33% 33% 33% Corn Products. 90 88% 88% 88% Crucible Steel.. 00% 04 04 65% Cub. Am. Sugar 14% 14% 14% 34 * Cuba Cane Sug. 7% 7% 7% 7'% Del. A: Lack...lll', j 111% 111% 110% Erie 12 11% 31% 11% Erie Ist pfd 17% 17% 17% Famous Players 69'% 09 09'% 09 l’lsk Rub. Cos.. 10% 10 10 10 Gen. Asphalt.... 60% 01% 00 64% Gen. Cigars 09% 68% 08% 08 Gen. Electric ...143% 142 142 143 (Jen. Motors.... 11% 10% 11 10% G. S. steel 49 49 49 49% Ut. Nor. pfd.. 77% 70% 70% 77% Gt. Nor. Ore 3.’.% 33 33% 33% Houston 0i1..., 81 78% 79% .... Haskell Barker 82 81 81 81 111. Central 99 99 *99 .... Inspl. Copper... 38% 37% 37'% 38% Invin. Ore 12% 12% 12% 12% Indinhoma 4% 4% 4% 4% Inter. Harvest.. 85% 82% 83% - 82% inter. Nickel..l2 11% 11% 32 Inter. Paper 52% 51% 02 52% Island O. & T... S' 2% 32% K. ('. Southern 24% 24% 24% 24% K-SHeld Tire.. 45% 42% 42% 42', Kenn. Copper.. 25% 25% 25% 25% Lack. Steel 48% 47% 47% 48% Lehigh Valley,. 55% 57% 58% 57% Lee Tire 29 28% 28% 28% Loews, Ins 14 It 14 li Mav Stores 92 90 % 92 l. ami N no no no 112 Marine Com. ... 10 15 10 14% Marine Pfd 07'% 65 07 05 Mont. A: Ward . 15% 14% 14% 15 Maxwell Mot. cm. 11% 11% 11% Mexican l’et. .113% 111% 112 % 112% Miami Copper .. 20 25% 20 20 Middle Slate 0i1.15% 15 15% 15% Midvale Steel .. 29% 28 28% 29% Missouri Pac. . ls% ls% 35% 19 Mo. Pac. pfd. . 47% 40% 46% 47 Nat. En. A Sip.. 42% 42% 42% 47 Na?. Load 83% 80% 83% 80% N. V. Air Brake 01% 00% 01 % N. Y. Central... 75% 71% 71% 75% New Haven 13 12% 12% A5%. Norfolk Ar W... 99 *. 8% '.,0 '!’.S% North. Pacific.. 82 80% 81 81% Pacific Oil 45% 45% 45% 45’.. Pure Oil 37% 50% 57% 57% Pan-Ani. Petrol. 52 50% 51% * 50 , Penna. By 34% 31 51% 54% People's Gas.,., 55% 55% 55% s*l Pierce Arrow.... 14% 11% 14% 14% Pierce Oil C 0... 13% 13 13% 15.', Pittsburgh Coal. 65% 1 % 02% 01% Pressed Stl Car 68% OS OS 07% Pull. Pal. Car. .110 100 109 309% Ky. St'. Springs 93% '91% 92 90'% Reading 73% 72% 72% 73% l.ep, iron A Stl. 5.,% 54% ,/4% 54*', Itci'logle Steel.. 20% 24% 25% 21% Roy. D. of N. Y. 48% 47% 47% 47% Sears Roebuck.. 58 74% 55% 55% Slneiair 23.00 22% 22% 22% Sloss-Shc'fld ... 4040 40 Southern l’ae. . 80% 80 80 80% South. Ry 19% 19% 19% 19% Stand, oil NJ.,199% 185% ls 7 190 STI.AiSF. com... 23 23 23 22% Stromberg Carb. 33'% 31% 32 Studebaker 79 77 7,8*% 70 Texas Coal 29V 25% 29 ‘ 20 Texas Cos 455, 45% 45% 45% Texas Pac...*.. 24% 25% 23% 24% Tob. Prod 59% 50% 59% 58.% Trans. Oil 12% 11% 11% 11% Union Oil 20 19% 20 19% Union Pac 120% 120 120 120% Uni. Ret. St ..-’% 52% 52% l td. Fruit . 124 Vi 123% 323% 12!% United Drug ... 70% 70% 70% 71% U. S. In i. Alch. 37% 30 50 U. S. Robber . 52% 51 .72% st>% U. S. Steel 84% 85% 55%55% .‘4% U. S. Steel pfd. 114% 115% 115 114% Utah Capper ... 6o 59% 59% 59% Vanadium Steel .35 33 % 33% 5.5% Vir-Car. Chern... 29% 28% 28% 29 Wabash 7 7 7 7 Wabash Ist pfd. 21% 21 21 2t% West i’ac 19 lit 19 Western Union 91 Vi I*l 91 Vi Westghs. Elec. 49'% 48% 48% 49% White Motors .40 39% 39% 39 Wlllys-Ovcrland 5% 5% 5% 5 Wilson Ar C 0.... 30 30 30 29% Woolworth lgjjVi 122% 123 122% White Ore 12% 12% % 12%
NEW YORK LIBERTY BONDS. —Dec. 0— Prev. High. Low. Close, clone. Liberty 3%s 96.56 96.24 96.00 96.26 Liberty 2nd 4s 87.58 Liberty Ist 4%s 97.94 97.80 97.88 97.62 Liberty 2nd 4%s 97.50 97.62 97.70 97.69 Liberty 3rd 4%s 98.16 97.94 98.04 97.96 Liberty 4%s 98.04 97.86 98.00 97.92 Victory 3%s ....100.60 99.98 99.98 99.98 Victory 4%s ...1(X).02 99.96 99.98 99.98 CHICAGO STOCKS. (By Thomson & McKinnon) —Dec. 5 Open. High. Low. Close. Armour pfd 99% Armour leather. 12% 12% 12% 12% Car. & Car 41 47% 46% 46% Libby 6% 6% ti (/, Mont.-Ward .... 15% 15% 11% 11% Natl. Leather... 2% 32% 2% I’iggly Wiggly.. 19 19% 19 19% Sears Roebuck.. 58% 5.8% 55 55 Stewart Warner 23% 23% 23% 23% Swift & Cos 100 Swift Inter 20% 2d% 19% 19% NEW YORK METAL MARKET. NEW YORK, Dec. s.—Copper—Easy; spot. December ami January offered. 13e. Lead—Firm; spot, December and January offered, 4.80 c. Spelter—Firm ; spot and December offered, 4.85 c; January offered, 4.99 c. WHOLESALE FEED PRICES, Ton Cwt. Acme Bran $30.00 $1.55 Acme Feed 30.00 1.55 Anne Middlings 30.00 1.70 An lie Dairy Feed 44.00 2.35 E-Z-Dniry Feed 35.00 1.80 Acme 11. A- M 32.00 1.65 C O. AB. Chop 28.25 1.45 Acme Stock Feed 28.25 1.45 Anne Farm Feed 32.00 1.65 Cracked Corn 30.00 1.55 Acme Scratch 35.00 1.80 E-Z-Scratch 32.50 1.65 A/me Dry Mash 43 25 3.20 Acme Hog Feed 38.25 1.95 Ground Barley 37.75 1.95 Ground Oats 32.25 1.70 Hcmli'-k Yellow 29.25 1.55 Rolled Barley 37.75 1.95 Ground Oats 32 25 1.70 Polled Barley 37 75 1.95 Alfalfa Mol 33 00 1.70 Cottonseed Meal 48.00 2.45 Linseed Oil Meat 50.00 2.55 Ukiek Mash 45.25 2.30 Tankagh 55.50 2.90 Meat Scraps 80.00 4.50 D Light Scratch ... 36 00 1.85
INDIANA DAILY TIMES, MONDAY, DECEMBER 5, jlzi.
STOCK MARKET TONE IS WEAK Recessions Suffered by Lead* ing Issues in Final Hour. NEW YOR % Dec. s.—The stock market closed weak today. Recessions occurred in practically all tbe active issues in the last hour and profit-taking. AmericaH Sugar was in large supply, dropping over 1 point to 54%. The St. Paul issues were weak, the preferred selling at 34%, a loss of 2 points. Steel common fell to 83% and Baldwin Locomotive, after selling up to 96%, fell to 95%. Scars-Roebuck broke to a low of 05, a loss of about 3 points. Mexican Petroleum reacted to 112%. Governmetn bonds were unchanged and railway and other bonds strong. Total sales were 847,200 shares; bonds, $18,180,000. (By Thomson & McKinnon) —l)cc. 5 , m Nothing transpired since the close of the market last week to change sentiment here. With Congress again in session, attention will be centered once more on Washington as news from day to day will no doubt influence traders to some extent. But unless something very radical is attempted there is every reason to expect a ntnuation of the present market tendency, wliic-h. with a few exceptions, is distinctly upward. Two strong influences are at work and stimulating the public demand for securities. The vast amount of available but unused credit and the steady improvement in business conditions. To illustrate bow business of the Nation is expanding hert and there wo need but cite the most recent report of a $2,990,000 order received by the We.sting house interests from Japan. In today's market some new highs were established, American Locomotive and Marin# preferred being conspicuous in tills list, and from time to time others may be expected to follow and thus gradually record a higher level for tile entire list. There were exceptions, however, adn a few were conspicuously weak, Sears-lSce-buck being again pressed for sale and some of rails t>eiii£ reactionary. Inc selling of St. Paul was particularly aggressive, but so far as is known at this time this Is to be credited to professional account rather than liquidation. So far ns the general market is concerned, we continue to entertain a favorable opinion and regard purchases as advisable on each reaction. TWENTY STOCKS AVERAGE. NEW YORK, Dec. s.—Twenty industrial sto. is last Saturday averaged 79.00, up .27 per cent. Twenty active rails averaged 75.50, unchanged. CLEARING HOUSE STATEMENT. NEW YORK, Dec. s.—Exchanges, $401,000,000; balances, $54,100,000; Federal Reserve Bank credit balances, $52,700,000.
Money and Exchange
Indianapolis bank clearings Monday were $2,830,000. NEW YORK, Dec. s—Foreign exchange opened firm today with demand Stirling %c higher at 84.05%. Francs rose 4% centimes to 7.33 c for cables and 7.32 c for checks. Lire unchanged at 4.26 c for cables and 4.25 c for checks. Belgian cables were 7.08 c: checks. 7.07 e. Marks were .0043%. Guilder cables were 33.70 c; checks. 35.65 r; Sweden kronen cables were 23.85 c; checks, 23.80 c. MOTOR SECURITIES. (By Thomson & McKinnon) —Dee. 5. Earl Motors 9% 10% Packard coni 7% 7% Packard pfd its To Peerless 35% 5.9 Continental Motors com 6 6% Continental Motors pfd 84 .87 Hupp com 10% 10% Hupp pfd 92 9S Reo Motor Car 19% 19% Elgin Motors 4 4% Grant Motors 1 1% Ford of Canada 246 250 International Motor com 26 National Motors 1% 3 Federal Truck 14 I*l Paige Motors 14 15 Republic Truck 6% ACTIVE OIL STOCKS. (By Thomson A: McKinnon.) Dee. 5 —OpeningBid. Ask. Anglo-American Oil 21 % 21% Borne-Scrymscr 325 350 Buckeye Pipe Id tie 84 87 • 'hesebrongh Mfg. Cons 185 195 Continental Oil, Colorado... .118 122 Cosdeu Oil and Gas 6% 7% Crescent Pipe Line 29 31 Cumberland Pipe Line 130 140 Elk Basin I’ete 7% 7% Eureka Pipe Lino 81 84 Galena-Signal O'i, pref lot lot Galena-Signal Oil. com 40 4i Illinois Pipe Line 150 162 Indiana Pipe Line 82 84 .Merritt Oil I*l% 11 Midwest Oil 2% 3'% Midwest Itfg 170 Ist) National Transit 29 31 New York Transit 145 150 Northern Pipe Line 98 100 Ohio Oil 280 284 Oklahoma P. & IJ 4% 5% Penn.-Mex 16 20 Prairie Oil and Gas 575 585 Prairie Pipe Line 22!) 234 Sapulpa Kefg 3% 4% Solar Refining 355 370 Southern Pipe Line 89 95. South Penn (Ml 225 230 Southwest Penn Pipe Lines.. 55 60 Standard Oil Cos. of I nil 88% 88% Standard Oil Cos. of Ivan 575 580 Standard oil Cos. of Ky 3.35 345 Standard OH Cos. of Neb 170 190 Standard Oil Cos. of N. Y 385 392 Standard Oil Cos. of Ohio 400 410 Swan Ar Finch 40 50 Vacuum <MI 325 331 Washington Oil 35 40
NEW YORK CURB. (By Thomson A McKinnon.) —Dec. s—•5 —• —Closing— Bid. Ask. Acme Packing 64 CS Curtis 'Aero com 3 li'/i Curtis Aero pfd 20 Goldfield Con 4 6 Martin Perry 17 18% Jumbo Extension 4 7 Imperial Oil (Del.) 11l 30% Nipissing 6 6% Standard Motors 4 5 Salt Creek 11% 15 Tonopah Extension 1% 1% Tonopnh Mining 1% 17-16 United I*. S. new 111-10 113-16 l’. S. Light and Heat 1 1% U. S. Light and Heat pfd... 1% 1% Wriglit-Martin 2 5 Yukon Gold Mine Cos 1 1% Jerome 30 40 New Cornelia 16% 19 United Verde 27% 28% Sequoyah 6 10 Omar Oil SO 85 Rep. Tire 12 20 CLEVELAND PRODUCE. CLEVELAND. Dec. s.—Butter—Extra, in tubs. 51 %® 52c; prints, 52%®53c; extra firsts, 50%®51c; firsts, 49%®50e; seconds, 41%®42c; packing stock, 28® 29c. Eggs—Fresh gathered, northern extras, 61c; extra firsts, 00c: Ohio firsts, new cases, 57c; old cases, 50c; western firsts, new cases. 54c. Poultry—Live, heavy fowls, 24®25c; light, 16® 18c; spring culls, 17® 20c; spring ducks, 25®27c; turkeys, 38@39e. Edison Will Report on Later FLORENCE, Ala., Dec. s.—Henry Ford and Thomas A. Edison left for Detroit today nfte/1 having spent two days In the inspection of tlie Muscle Shoals properties. Th e purpose of the trip, which was taken at the suggestion of the Secretary of War, was chiefly to enable Mr. Edison to give an opinion as to whether the Government should accept Ford's offer, it was sai/l a report would not be made immediately to the War Department.—Copyright, 1921, by International News Service. _.
New York Bonds
(By Fletcher American Cos.) - —Dec. 5. FOREIGN GOVERNMENT BONDS. Bid Ask Arg. (Unlisted) 5s Sept. 1, ’45 72 74 Belgian 6s Jan. 1, ’25 95% 96% Belgian 7%s June 1, ’25 104 105 Belgian 8s Feb. 1, ’4l 105 105% Berne 8s Nov. 1, ’45 107% 108'% Chile Ss Feb. 1, ’4l 102'% 103 Christiania Ss Oct. 1, ’45 107% 108% Copenhagen 5%s July 1, ’44.. 87% 88% Danish Mun 8s Feb. 1, ’46 107% 109 Denmark 8s Oct. 15, ’45 108% 100% •Canadian 5%s Dec. 1, ’22 90% 91% •Canadian 5%s Nov. 1, ’23.... 90 91% •Canadian 5%s Nov. 1, ’24.... 89 00'4 •Canadian 5s Dec 1, ’25 87 % 88% Canadian 5s Apr., 1, '26.... 96 96'% •Canadian 5%s Dec. 1, ’27 90% 92 Canadian 5%s Aug. 1, '29..., 97%, 97% Canadian 5s Apr. 1, '3l 94% 95% •Canadian 5s Oct. 1, ’31.... /. 97% 98 •Canadian 5%s Nov. 1, ’33./.. 91% 92% •Canadian 5% 9 Nov. 1, ’34.... 89% 90% Canadian Os Alch. 1, ’37 94% •Canadian 5%s Dec. 1, '37.... 93% 94 •French (Viet.) 5s Opt., ’Bl.. 53% 54% •French 4s Opt., ’43 44% 45% French Ss Sept. 15, ’45 99% 100',4 ■•ltalian (War) 5s- 82 83 Jap (Ist) 4%s Feb. 15, ’23.. SO% 87 Jap (2d) 4%s .Inly 10, ’25.... 80% 87 .Tap 4s Jan. 1, ’3l 70% 71 Norway Ss Oct. 1, '4O 109 ' 110 ' Sao Paulo 8s Tan. 1, ’36 102% 108% Swedish 6s June 15, ’39 96 97 Swiss <*%s Aug. 1, ’29 94% 95 Swiss Ss July I, ’4O 112’4 114 11. K. 5%s Nov. 1, ’22 99% 99% U. K. 5%s Aug. ", ’29 95 90% U. K. 5%s FOI). 1, ’.37 94% 94% Zurich Ss Oct. 15. ’45 107% 108% Brazil Ss June 1, ’ll 103% 104'/. French 7%s June 1, '41..'..... 94% 94% Uruguay Ss Ang. 1, ’46 108';; 103% Argentine 7s Oct. 23, '23 99% 100% •Internal loans. CORPORATION BONDS. , Bid. Ask. Alum. Cos. of Ain. 7s, No., ’25.101 101% Am. Cotton Oil 6s, Sept. 2, ’24 95 95% Ain. Tel. 6s, Oct. ’2g 99% 100% Am Tel. Cs, Feb.. '24 99% 100' Am. Thread 6s, Dec., ’2B 99% loo’4 Am. Tob. 7s, No., ’22 1(H) 7 ; 101'4 Am. Tob. 7s, Nov., ’23 101% 102% Anaconda (is, .Tan., '29 96% 97 Anaconda 7s, Jan., '29 101% 102 Anglo-Am. Oil 7%5, Apr., '25.103% 1(18% Armour 7s, Julv 15. ’SO 102% 102% Atlantic Ref. C%B, Mi’ll., ’81..103% 103% Bell Tel. of Can. 7s, Apr.. ’25.100% 100% Beth. Steel 7s, July 15, ”22.. .100% 100% .Beth. Steel 7s, July 15.’23 100-% 100% Can Pac. 6s, Alch. 2, ’24 99% 100% Cent. Arg. Ry. 6s, Feb., '27.. 91 % 92 C. t R. I. A- P. 6s, Feb., ’22... 99% 100% Con. Gas. Bs, Dec., ’2l 100% 101% Cop. Exp. Ss, Fell. 15, ’22 100% 100% Cop. Exp 81, Feb. 15, '25 10) 14 102 - Cop. Exp. Ss, Feb. 15, ”21....103 103% Cop. Exp. Bs. Feb. 15. ’25 101 104% Cudahy 7s, July 15. ’25 100% 103% Fed. Sugar 6s. Nov.. ’25 97 97% | Goodrich 7s, Apr., ’25........ 97% 98% Gulf Oil 6s, Julv, ’23 99% 100'4 Gulf Oil Ts. Feb.. ’33 102% 102% Hocking Val. 6s. Mcli.. ’24.... 97% 98% Humble Oil 7>, Meh. 15, ’23...100 l<i<)% Int. R T. 7s, Sept. ’21.. ..... 73 75 IC. C. Term 6s, Nov. 25. '23... 99% 100% Kenn. Con. 7s, Fob., ’3O 100% lot Laclede Gas 7s. Jan., ’29 97', 98 Proctor A- G. 7s, Meh., ’22...100% 109% Proctor A G. 7s, Meh., '23...101’.4 101% Pub. Sor. N .1. 7s, Meh., *22 . 99% 100 R. ,T. Reynolds 6s. Ang.. ’22.100% 100% Sears Roebuck 7s, Oct, 15, '22.100 100'/, Sears Roebuck 7s. (let. 15, ’23.100 100' , Sinclair 7%s May 15. ’25 9914 99% Solvny A cle Bs, Oct., '27....103(4 104% Southern Ry. 6s. Meh.. '22... 99% 99% S. W. Bell Tel. 7s. Apr., ’25..100 7 ', 101 Stand. Oil (Cal.) 7<. Jn’’.. ’31.106% 106% S. Oil (N.Y.) 7s. Jan.. ’25 ’31.103% ]i S' St. Paul I’ I) 5%9, Dee. 15, ’2.”. 99', 99% Swift 7s. Oct 15. ’25 100% 10.1% Texas Cos. 7s, Meh. 1. ’23 100% 101% Utah Sec. (Is, Sept 15. '22 97% ("A-. Western El 7s. Apr., '25 104 101% Westtnghouse 7s. May, ’31...105 105%
Local Stock Exchange
Dee. 5 STOCKS. Bid. Ask. Tnd. Rv, A Light com 60 ... Ind. Ry. A Light pfd 75 Indpls. A S. E. pfd 00 Inilpls. A- N. W. pfd 60 liidpls. St, Ry 37 41 T. If., T. A L. pfd 02% ... T. H., I. A E. com 4 T. 11., I. A E. pfd 12 U. T. of In*'-, com U. ’l’, of Ind. Ist pfd 7 U. T. of Ind. 2d pfd 2 Advance- ltnmely com Advance-Kumely pf<l Am. Creosotlng pfd 92 Ain. Central Life 150 ... Belt R. It. com 59 68 Belt U. K. pfd 4314 N... Century Bldg. Cos. pfd 91 ... Citizens Gas Cos 25 1 j ... Dodge Mfg. Cos. pfd 88 Home Brewing 49 ... Ind. Hotel com 1 Ind. Hotel pfd 91 Ind. Nat. Ins. Cos 3% 5 Ind. Title Guar. Cos 47% ...' Ind. l’lpo Lines SI 85 Itidpis. Abattoir pfd 41 50 Inilpls. Gas 42% 50 Indpls, Tel. com 2 Indpls. Tel. pfd 90 Mer. Pub. Util, pfd 41% 51% Nat. Motor Car Cos 1% 3% Pub. Sav. Ins. Cos 4% ... Ranh Fertilizer pfd 40 Stand. Dll of Indiana... 87% 89 Sterling Fire Ins. Co.S 7 8 Vat Camp ll*l\v. pfd 100 Van Camp Prod. Ist pfd 4 100 Van Camp Prod 2d pfd 100 Vandalla Coni Cos. com 3% Vnndalin Coal Cos. pfd 5 it Wabash Ry. com 6% 8% Wabash Ry. pfd 21 24 BONDS. Broad Itlpplo 5s 50 Citizens St. Ry. 5s 67 7)1 Indian Ck. Coni and Mine InO Ind. Coke A Gas 6s S3 89 Indpls. C. A- S. 5s 91 Indpls. A Martinsville &5.... 55 Indpls. North. 5s 36 43 Indpls. A N. W. 5s 50 Indpls. A S. E. 5s 45 Indpls. S. A S. E. 5s 75 Indpls. St. R.v. 4s 50 56 1 minis. T. A T. 6s 70 7(1 T. If., I. A E. 5s 58 6.8 TT. T. of Ind. 6s 47 52 Citizens Gas 5s 78 87 Inilpls. Gas Cos 77 St Kokomo. M. A W. 5s SO 85 Ind. Hotel Cos. 2d 0s 95 Indpls. L. A IT. 5s 81 88 Indpls. Water Cos. 5s 91% 92% Indpls Water Cos. 4%s 95 98% Mer. IT. A L. 5s 74 82 New Tel. Ist 6s 94 ... New Tel. L. D. 5s 93% ... Sou. Ind. Power 5s SS% LIBERTY BONDS. Liberty first 3%'s 98.36 00.00 Liberty first 4%’s 97.74 98.00 Liberty second 4%'s 97.70 97.80 Liberty thifiW*',’s 97.90 98.06 Liberty fnurlh 4’s 97.82 98.04 Victory Loan 3%'s 99.90 100.90 Victory loan 4%’s 99.90 100.09
Local Curb Market
(By Newton Todd) —Dec. 5 Am. Hominy coin 14 29 Central ancL Coast Oil 1% 2% Choate Oil Corp % 1% Columbian Fire Ins. Cos 6 7% Comet Auto 1 2 Dayton Rubber Units 62 70 Dictograph l’rod. pfd 46 55 I>. W. Griffith 8 9% Elgin Motor Car 3% 4% Federal Fin. Cos. pfd 76 86 Fed. Fin. Cos. com 122 129 Gt. Sou. Prod. A Itcf 5 6 Burst A Cos. pfd 25 45 f Indiana Rural Credits 53 63 Metro. 5-50 c Stores corn 7 10 Mero. 5-50 e Stores pfd 24 29 National Underwriting 3% 5 Revere Motors % % Rauch A Lang Units 40 48 Rub.-Tex. Units 15 IS U. S. Automotive Units 70 80 U. -S. Mfg. Cos. Units 148 160 BANK STOCKS. Commercial Natl. Bank .... 71 St Continental Natl. Bank 109 116 Indiana Trust Cos 175 190 Indiana Natl. Bank 258 268 Merchants Natl. Bank 289 Natl. City Bank 105 110 Security Trust Cos 130 State Savings and Trust 91 - 90 Wash. Bank and Trust C 0... 150 WHOLESALE BEEF PRICES, The following are today’s wholesale prices for beef cuts as sold on the Indianapolis markets of Swift A Cos.: Ribs —No. 2,24 e; No. 3.18 e. Loins— No. 2,2 Se; No. 3,23 e. Round—No. 2, 15c; No. 3,12 c. Chucks —No. 2,10 c; No. 3,9 c. Plates—No. 2, 9c;,No. 3. Bc.
GRAIN PRICES DROP SHARPLY Rejports of Snow Over Wheat Belt Is Chief Factor. i CHICAGO, Dec. s.—Grain prices dropped sharply on the Chicago Board of Trade today on reports of snow over the winter wheat belt, where moisture was badly needed. There was heavy selling by large commission houses. Provisions were lower. December wheat opened at $1.13%, up %e, and closed off l%e. May wheat opened up %c and closed down 2c. July wheat opened up %c at $1.07 and closed down 5%c December corn opened off %c at 48%e. and closed off %c. May opened up V*c at 54%c, and closed off %c. July corn opened at 5G%c, off %c, and closed down %c. December oats opened at 32%c, up (4c. and closed off %e. May oats opened at 3S%c, up 14c, and closed off %c. July oats opened at 39%c, unchanged, and closed off %c. (By Thomson A McKinnon.) —Dec. 5 Wheat—The Liverpool wheat market continues to display strength because of recent claims of deterioration of the Argentine crop and small offerings from there. This supplies a foundation for our prices, but at the same time the receipts of wheat in the Southwest are so liberal and the cash demand in all market so slow that there is an absence es new demand for deferred deliveries. Seaboard houses were buyers iff a moderate way, but this was offset by selling, which came from cash interests and from the Southwest. Such foreign demand as exists is for Manitobas and comes from the United Kingdom, sales reported being 800,000 bushels. Poor flour tnulb is reflected in relative uneasiness of cash wheat in Northwest markets. It is very commonly believed that we have no surplus remaining for new export business, but it will take time to demonstrate this idea. At the moment, there is sufficient moving to oversupply the demand and may prove temporally effective in lowering values. Coarse Grains —Receipts- o{ corn are unexpectedly large, coming, As they do, in tlie face of advices that gulf exporters and outside markets are overbidding Chicago. Values have responded to the comparatively ,argo receipts, owing to a lack of broad interest. The visible supply shows a very'.fair decrease and should so continue as the movement to the seaboard and the shipments abroad are under way at all times. Elevator interests are noted as buyers of the May oats, and outside of this there Is practically no demand. Current receipts are sufficient to supply such shipping demand as appears. Provisions—Operations in the provision market are at a low ti<le. A feature in the situation is the- excellent demand from shi pliers for hogs, about half of today’s receipts,being taken in that way. This, of course, means less thasi the usual amount of packing. CHICAGO GRAIN TABLE, —Dec. 5 WHEAT— Open. High. Low. Close. in- 1.13% 1.13% 1.12 1.12 Mr.,.,.. 1.17 V* 1.17% 1.15% 1.15% July. .. 1.07 1.07% 1.03% 1.03% CORN— Dec 48% .45% ,4S .48% May 54% .54% .54 .54 July.... .56% .56% .05% .55% OATS — Dec .32 7 ’ .32% .32% .32% May 38% ,::s% ~’!S% .38% July 39% .39% .39 .39 PORK—•Jan 15.20 LAUD— Jan 8.50 8.50 8.47 8 47 Mav.... 890** 8.90 8.57 8.57 Rll i<— Jan,.... 7.00 7.07 7.00 7.05 •May... • % 7.75 RYE— Dec 84% .84% .84 .84’% May 91 .91% .90% .91 •Nominal.
CHICAGO CASH GRAIN. CHICAGO, Dec. s.—Wheat—No. 2 hard winter, $1.15%: No. 3 northern spring. $1.18%f)iT.20; No. 3 northern spring, dark,"sl.224i 1.24; No. 1 mixed, $1.15. Curu —No. 2 mixed, 49@49%c; No. 2 white. 4’JT>:.49%c: No. 2 yellow, 4D%@ 50c: No 3 mixed, 4S%c; No. 3 white, 48* 'n iS' Ac: No. 3 yellow, 4S(i(49e; No. 4 mixed, S’-c: No. 4 white, 47%c; No. 4 y.-llow, 47%(fj4S'4c. Oats—No. 2 white, 35ft(38c; No. 3 white, 3.'!M36ViC; No. 4 white, 32(<j.33%e. TOLEDO WHEAT I’RICES. TOLEDO. Dec. 6.--Wheat—Cash and December, $1.23%; May, $1.31%. Corn — Cash, 560*57e. Oats —Cash, .'ißf(ifoc. Rye— Cash, 84c. Barley—Cash, 61c. PRIMARY MARKETS. (By Thomson A McKinnon.) —Dec. 5. —Re>ccipts— Wheat Corn Oats St. Joseph .... 4s,out) 06,000 2,09(1 Chicagi 37,(Kit) 515,000 178.000 Milwaukee .... 5,000 208,000 80,000 Minneapolis ...C63.000 113.000 245.000 Duluth 70,000 1.000 2,000 St. i.iiuis 91.000 202,000 124,000 Tided.l 21,000 11,000 21.000 Detroit 6.000 9,000 14,000 Kansas City ..555,(MW 1(8),000 15,000 Omaha 101,000 202,000 60.000 Indianapolis 6,000 81,00 > 32,000 Totals 1.615.000 1,607,000 764.000 Year ago r.J,825,000 Ui.i.OOO 638,000 —Shipments— Wheat Corn Oats St. Joseph .... 37.0(H) 22,000 Chicago 20,000 129,000 106,000 Milwaukee 3,000 51,000 29,000 Minneapolis ... 77.000 58,000 48,000 Duluth OiMM) St. Louis ...... 45>H10 60.000 14,000 Toledo 41,000 7.000 5,000 Detroit 4,000 4,000 Kansas City .. 169.000 68,000 15,000 Omaha 56,000 99,000 lO.(HM) Indianapolis 39,000 26,000 Totals 4*4,000 537,000 257,000 Year ago... 895,000 325,000 350,000 —Clearances— Wheat Corn Oats Now York 127.0(H) 4j).ooo Boston 20,000 77,000 Philadelphia .. 83.000 Baltimore 34.000 Totals 264,000 117.000 Year ago ..1,185,000 "17,000 INDIANAPOLIS CASH GRAIN. . —Dec. 5 Bids for car lots of grain and hay at the call of the Indianapolis Board of Trade were: Wheat —No sales. Corn —Easier; No. 2 white, 53@53%c; No. 3 white. 50%@.51%c; No. 4 white, 49%(0 50%e ; No. 2 yellow, 54%(535e ; No. 2 yellow. 52@52%c: No. 4 yellow, 51@ 51'<c: No. 3 mixed, 50%@51e; No. 4 mixed, 49%(5:50c. Oats—Easier: No. 2 white, 37@38c; No. 3 white, 35(5396c. . Hay—Steady; No. 1 timothy, [email protected]; No. 2 timothy, 16@17: No. .3 light clover mixed, [email protected]; No. 1 clover, sl9@ 20. —lnspections Wheat —No. 2 red, 1 car; No. 3 red, 1 car: sample, l car; total, 3 cars. Corn—No. 2 white, 1 car; No. 3 white, 5 cars: No. 4 white, 14 cars; No. 5 white, 4 cars; No. 6 white, 3 cars; sample white, 1 car; No. 1 yellow, 3-cars; No. 2 yellow, 2 cars; No. 3 yellow, 4 cars; No. 4 yellow. 13 cars: No. 5 yellow, 9 cars; No. 6 yellow, 5 ears; sample yellow. 1 car: No. 3 mixed, 1 car: No. 4 mixed. 5 cars; ear, l car; total, 72 cars. Oats —No. 2 white, 5 cars; No. 3 white. Oats—No. 2 white, 5 ears; sample white 1 car; total. 23 cars. Rye—No. 2, 1 car; sample, 1 ear; total, 2 ears. Rye—No. 2, 1 car; sample, 1 ear; total, 2 cars. Hay—No. 2 timothy, 1 car. HAY MARKET. The following are the Indianapolis prices for hay by the wagon load, delivered : Hay—Loose timothy, $16@17; mixed hay, sls(i/’l6; billed hay, $16@17. Oats—Bushel, new, per bushel, 32<535c. Corn —Old, per bushel, 55@G0c. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today are paying sl.lß for No. 1/ red winter wheat; sl.lO for No. 2 red wi ter wheat and according tc test for No. 3. Oats are quoted at 25c for No. 3 white or better. TOLEDO SEED PRICES. TOLEDO, Dee. s.—Clover seed —Cash, December, January and March. $1,260; February, $12.65; April, $12.10 bid. Alsike—Cash and December, $10.75: February, $11; March, $11.05. Timothy—Cash and December, $3.15; January, $3.20; February, $3.25; March, $3.30.
Weather
The following table shows the state of the weatSbr at 7 a. m., Dec. 5, as observed by United States Weather Bureaus : StiEion. Bar. Temp. Weather. Indianapolis, Ind.. 29.87 33 Cloudy Atlanta, Ga 30.02 * 30 Clear Amarillo, Texas... 30.38 32 Clear Bismarck, N. D.... 30.10 30 Clear Boston, Mass 29.56 30 Clear Chicago, 111 2!).82 36 Cloudy Cincinnati, 0hi0... 29.80 34 Cloudy Cleveland, 0hi0.... 29.60 30 Snow Denver, Colo 30.42 28 Clear Dodge City, Kan... 30.42 22 Clear Helena-, Mont 30.46 14 Clear Jacksonville, Fla.. 30.08 38 Clear Kansas City, M 0... 30.18 34 Clear Louisville, Ky 29.94 38 Cloudy Little Rock, Ark... 36.18 42 Clear Los Angeles, Cal... 30.06 50 Clear Mobile, Ala 30.24 36 Clear New Orleans, La.. 30.32 40 I’tCldy New Y’ork, N. Y... 29.66 2S Cloudy Norfolk, Va 29.82 34 Cloudy Oklahoma City 30.34 36 Clear Omaha, Neb 30.14. 34 Clear Philadelphia, Pa... 29.72 32 Cloudy Pittsburgh, Pa.... 29.66 28 Snow Portland, Ore 30.16 32 Clear Rapid City, S. D... 30.22 38 Clear Roseburg, Ore 30.22 38 Cloudy San Antonio, Texas 30.42 3S Clear San Francisco, Col. 30.20 4S Clear St. Louis, Mo 30.04 36 Clear St. Paul, Minn 29.92 34 Cloudy Tampa, Fla ,30.08 48 Cloudy Washington, D. C.. (29.76 32 Snow WEATHER CONDITIONS. Since Saturday morning rain or snow has fallen in many sections from the Mississippi States eastward, except in New England, while fair weather has b.een general throughout the West. Temperatures nre somewhat higher in the northcentral States, where they are near or somewhat above the seasonal average, hut tlie readings are somewhat lower in the south Atlantic district. J. H. ARMINGTON, Meteorologist, Weather Bureau.
In the Cotton Market
NEW YORK, Dec. 5. —Cotton opened quiet and featureless today, with prices 5 to 11 points net higher. The market was intlumecd by Rteady cables and a firm stock market. After the start, the market became easy and reacted about 17 points. New York opening cotton prices: December, 17.55(517.70c; January, 17.47 c; March, 17.47 c; May, 17.17 c; July, 16.73 c; October, 10.06 c. —Cotton Futures— Open. High. Low. Close. January 17.47 17.49 17.10 17.12 March 17.47 17.48 17.11 17.11 May 17.17 17.17 16.80 16.83 July 16.73 16.73 16.35 16.35 October 16.06 10.07 15.50 15.80 December 17.07 17.57 17.28 17.30 —Cotton Review — NEW YORK. Dee. s.—The cotton market today was only moderately active. The volume was small and largely professional. There is but little public business in cotton at this time and there is no incentive for it. Something new is required to stumulate interest and it is doubt: “1 whether the coming Government report will serve this purpose, as sentiment centers on approximately 8.000,000 bales as the size of the crop, and there is no reason at this time to anticipate a surprise in the Government's repoit. Whether it be moderately over or under the general situation will remain unchanged, depending entirely on trade develqjmeuts for the new year. As we anticipate more favorable business conditions anil as supplies will not be abundant, we feel that the better opportunity will lie found on the long side, though purchases should be limited to the weak markets. LIVERPOOL, Dec. s.—There was a limited demand tor spot cotton at the opening of business here today. Prices were steady and sales around 6.<M)O bales. American middlings fair, 13 3(id: good middlings. ll.OOd; fully middlings, 11.2(id; middlings, IO.SGd; low middlings, 9.65d; good ordinary, 7.91d; ordinary, 716 u. Futures opened quiet. SINN FEIN IS READY TO TAKE IRISH CONTROL Collins Announces Plans as London Conference Ends in Failure . LONDON, England, Dec. 5. —Sinn Fein Is prepared to take over the government of Ireland, Michael Collins, commander-in-chief of the Irish army and peace delegate at London, declared in an exclusive interview today, as negotiations crumbled, "The tents of good government are capacity for making laws, the establishment and support of an efficient and impartial administration and Sinn Fein has these,” the picturesque Irish war leader declared in the first interview to be given by any member of the Sinn Fein delegation since it has been in London. “Sinn Fein's government has been carried on in circumstances that would have daunted and defeated any house of representatives that was not ardently devoted to the interests of the people and that had not an uutisunl political capacity for the business of government. “The success of our government has been acknowledged oven by the governmental leaders of the English. “The Daily Eirrean courts of law are resorted to not only by our own citizens. Unionists, Catholics and Protestants, but by the English residents as welt; the volunteer police protect all classes; the departments of agriculture, trade, commerce and labor have been successful in operation, the finance department has raised, and administers, huge funds. “These constructive works prove that Sinn Fein is able to govern herself.”
ONE KILLED IN ARIZONA FIRE Twenty-Five Buildings Burn With $1,000,000 Loss. YUMA, Ariz., Dee. 5. —Soldiers from Ft. Yuma today were searching the ruins of a fire which cost at least one life and did damage of 'pproximntely $1,000,000. It is thought possible that bodies of other victims may be found in the wreckage. Twenty-five buildings were destroyed in the fire. J. P. Ward, a barber, was killed when a gasoline storage tank exploded. Six others, including K. E. Sanguinetti, millionaire merchant and cotton grower, are in the hospital as a result of the explosion. George R. Jenks Is - Deadjtt Lafayette Sncciat to The Times. LAFAYETTE, Ind., Pec. o.—George K. .Tenks, nationally known as editor of the •Shears’ died at fiis home here late yesterday. Mr. Jenks came from a well known family of pioneers of Tippecanoe County. He won his fame when he started the paper box hoard Industry here and later the publication of the Shears magazine, a trade Journal devoted to the industry. Yeggmen Fail to Open Blountsville Bank Special to The TivrtPs. MUNCIE, Tnd., Pec. s.—Robbers made an unsuccessful attempt some time Sunday night to rob the Bank of Biountsville, southeast of here, but for some reason left before their work was completed. When the bank opened this morning it was discovered that 1 a hole more than a foot square had been cut in the outer door of the vault. Nothing about the bank was found missing.
SWINE VALUES SUSTAIN GAINS Heifers Suffer Declines—-Other Cattle Steady to Strong. RANGE OF HUG PRICES. Good Good Good Nov. Mixed. Heavy. ught. 26. $7.20® 7.40 $7.20 $7.50@ 7.65 28. zils® V.ia 7.00 7.35® 7.50 29. 7.10® 7.15 7.00 7.15® 7.25 30. 7.16® 7.25 7.00 7.25® 7.50 1. 6.85® 7.00 6.75 7.15® 7.25 2. 7:10® 7.25 7.00 7.25® 7.60 3. 7.00® 7.10 7.00 7.25® 7.40 5. 7.25® 7.40 7'15 7.40® 7.50 With receipts light and_ the demand good, swine prices were 15 to 25 cents higher in trade on the local live stock exchange today. Light receipts early elsewhere and stronger price tendencies also had their effect on the trend of the local market. Receipts ran close to 6,500 for the day. Local packers established the market, but buying was of a general nature and with trade active practically of the receipts has been sold at an eariy hour in the forenoon. \ Light swine brought generally, but there were a few sales at premiums. Mixed and light swine brought $7.25(fr:7.40; mediums, [email protected] and heavies, $7. The demand for pigs was again good at stronger prices, that grade of swine selling at s7.so<ffS. Roughs were in fair demand at $6.25 and down, wLile stags brought $4.50@6. The hulk or sales for the day ranged at $7.15’g7.40. There was a better tone to trade in cattle and prices generally were steady to strong, with the exceptions cf I eifers, which were weak to 25 cents lower. Steers were in good demand. The weakness in the heifer market was due principally to the large number of that grade of cattle on the market. Bulls were in good demand at steady prices, while the | demand for canners and cutters was rather slow. , There was little trade in stackers and feeders, but prices held at about the sam e level that they have maintained for the past two weeks. Receipts were fair at around 700. Veal prices were 50 cents to $1 lower, due principally to a slowness in the Eastern demand and to a lack of local competition. There was a top of sl2 on choice veals, with tlie bulk of that grade selling at [email protected]. Receipts of calves were light, run; ing around 350 for the day. There were only 300 sheep and lambs on the market and, with the quality good and the demand fair, prices were steady. Some choice lambs brought $9.50. which was the practical top for the day’s trade. HOGS. Best light hogs, 150 to ISO lbs average $ 7.40@ 7.50 Over 3(H) lbs 7.00 150 to 300 lbs TOO® 7.50 Sows 5.50@ 6.25 Stags 4.50@ 6.00 Best pigs, under 140 lbs 7.50@ 8.00 Top 7.60 Bulk of sales 7.15@ 7.35 CATTLE. frime cornfed steers, 1,300 to 1,800 lbs 6.50® 7.75 Good to choice steers, 1,200 to 1,300 lbs 6.00@ 6.75 Good to choice steers, 1,100 to 1,200 lbs 5.25@ 6.00 Good to choice steers, 1,000 to 1,100 lbs 4.25@ 5.25 Common to medium steers, 800 to 1,000 lbs 4. 00@ 4.50 Choice yearling steers 7.50@ 9.00 —Heifers and Cows— Good to choice heifers 6.00@ 7.25 Medium heifers 4.00@ 5.00 Common to medium heifers..' 3.25® 4.00 Good to choice cows 2.00® 3.50 Fair to medium cows 1.06 <S 2.00 Cutters i.so@ 2.50 Canners 75® 1.50 —Bulls— Good to choice butcher bulls. 3.25® 4.00 Bologna bulls . f" t 3.00 Light bologna bulls % 2.50 Light to common bulls —Calves— Choice veals [email protected] Good veals 9 [email protected] Medium veal* B.oo@ 9.50 Lightweight veals 6.00® 8.00 Common heavyweight veals.. 4.50® 6.00 —Stockers and Feeders— Good to choice steers, under 800 lbs 4:50® 5.50 Medium cows 2 00® 3.00 Good cows 3 00® 4.00 Good heifers 5.00® 7.00 Medium to good heifers 4.00®' 5.00 Milkers : 37.00®75.00 —Sheep and Lambs— Ewes LOO® 2.50 Bucks 1.50® 2.00 ; Choice ewes and wether lambs 7.50@ 9.75 J Seconds 5.00@ 6.0a Buck lambs 0.00®0.50 Culls 3.00® 5.00
Other Livestock
CHICAGO, Dec. s.—Hogs—Receipts, 48,000: market active and 10@20c lower: bulk of sales, [email protected]; top, $7.10; • heavies, $6.60® G. 75; mediums, $G.60®6.50: lights, [email protected]; light lights. SO.SO@ 7.10; heavy packing sows, smooth. $5.90@ 0.40; packing sows, rough, $5.70(30.10; pigs, [email protected]. Cattle—Receipts, 22,000; market steady; veals lower. Beef steers, choice and prime, $9.25@11: medium and good, $G.25(<j9.75: good and choice. $8.85 Oil: common and medium. $5.25®;8.55. Butcher cattle—Heifers, $0.75(38.75; cows, $3.60®0.30; bulls. $3.35(36. Canners and cutters—Cows and heifers, [email protected]; canner steers, $2.75®3.75; veal calves, light and handy weight, [email protected]; feeder steers, [email protected]; stoeker steers, $3.65(36.40: stoeker cows and heifers. $3.15@5. Sheep and lambs—Receipts, 23,000; market, killing classes, steady to strong; feeders, steady: good to choice lambs, $9.50(3,11; cull and common lambs, [email protected]; yearling wethers, [email protected]; ewes, [email protected]; cull and common ewes, $1.50(33; feeder lambs, [email protected]. CINCINNATI, Pec. s.—Hogs—Receipts, C.GJO; market active and 15<i325c higher; heavies and mediums. $7.50; lights, $7.75; pigs, $8: roughs, $5.75; stags, $4.50®) 4.75. Cattle—Receipts, 2,700; market strong; bulls, steady; calves, $11.50@12. Sheep ajpd lambs—Receipts, 500; market steady; ewes, $1(33.50; choice lambs, $10.59; seconds, $7.50; culls, s4® 3. CLEVELAND, Dec. 5. —Hogs—Receipts, 6,000; market steady to 10c lower; yorkers, mixed and mediums, [email protected]; pigs, $7.15; roughs, $0; stags, $4. Cattle—Receipts, 3.500; market. 25c lower; good to choice steers, $7.50®!8.50: good to choice hcil’ers, SO@G; good to choice cows, $3.50 @4.50; fair to good cows, $2.50(33.50: common cows, [email protected]; milkers, s3s@ 73. Sheep and lambs—Receipts, 3,300; market steady; top, sll. Calves—Receipts, 800; market steady; top, sl2. EAST ST. LOUIS, Dee. s.—Hogs—Receipts. 12.500; market, 10 to 15 cents lower; mixed and butchers, $7@?.25; good heavies, $7(37.10; roughs, $5.60®;>.55; lights. $3.15® 5.25; pigs, [email protected]; bulk of sales, $7(37.15. Cattle—Receipts, 7,500; market, slow; native beef steers, s7® S; yearling steers and ’ eifers, [email protected]; cows, $3®,4; Stockers and feeders," s3®! 5: calves, ss@9; canners and cutters, $2 ®3. Sheep and lambs—Receipts, 2.000; market, strong: mutton ewes, s3@4; choice lambs, $9®9.75; canners and choppers. sl@2. EAST BUFFALO, N. Y„ Dec. s—Hogs —Receipts, 20,000: market active; yorkers. [email protected]; pigs, $7.75; mixed. [email protected]: heavies. $7.25; roughs, $5®G, stags. s4® 1 50. Cattle—Receipts, 2,730: market active; shipping steers, sß®9; butcher •' - s.®. S.g.i; heifers. $4.75®9.50; cows. [email protected]; bulls, [email protected]; feeders, $5 @5.50; milk cows and springers. $10®; 135. Calves—Receipts, 3,090; market Active; cull to choice. [email protected]. Sheep and lambs—Receipts. 1,400; market active: choice lambs. [email protected]; cull to fair, *“■@11; yearlings, [email protected]; sheep, s2@o. PITTSBURGH. Dec. K.—Hogs—Receipts, 0.000: market, 15c higher: prime heavies, $7.20®7.45: mediums, [email protected]; heavy yorkers, [email protected]; light yorkers. S7.9O®S: pigs. $7.90®.8; roughs, $5.50(3G; stags. s4® 4.50. Cattle—Receipts, 1.500; market 13c higher; -choice, [email protected]; prime $7.40®8: good. $7.23®5; tidy butchers. [email protected]; fair, SSTo(3 0; cotnmon. s4@6; common to good fat bulls, $4(35.50; common to good fat cows, s2(3' 5.50; heifers. $4.50®5.75; fresh cows and springers, $50®90; veal calves, sl3; heavy and thin calves, ss@B. Sheep and lambs— Receipts, 3y>oo; market steady; prime wethers. $5.75®0; goo dtnixed. $5.40® 5.05; fair mixed, $4.50<35.25; culls and commons, s2®3; choice lambs, 25c higher at, sll. AIRPLANE AMBULANCE. TARIS, Dec. s.—The Air' Express from London to Paris became an ambulance when Mrs. Elizabeth Conchett decided to come here for an operation. The saloon of the airplane was specially prepared for her trip. In this way she escaped the fatigue of boat and train travel.
