Indianapolis Times, Volume 34, Number 230, Indianapolis, Marion County, 4 February 1922 — Page 13

LEGAL NOTICES. NOTICE OF SALE OF FIRE DEPARTAIENT EQUIPMENT BONDS OF THE CITY OF MUNCIE, IND. Office of City Controller, Rooms 218-18-20 IVysor Block. City of Muncle, Ir.d., Feb. 3, 1322. Notice Is hereby given that sealed bids : will be received by the City Controller of the City of Muncle, Delaware County, In- \ diana, until 12:00 o’clock noon, on Wednesday, February 15th, 1922, for the whole or 1 any part of a certain Thirty-five Thou- I eahd Four Hundred ($35,400.00) Dollar issue of bonds, kno vn as "FIRE DEPART- • MENT EQUIPMENT BONDS 1922,” and will be in the denominations of One Thousand Dollars each for Thirty-five Thousand Dollars, and one bond for Four Hun- , dred Dollars, with Interest coupons attached, and will bear interest at the rate ; of five per cent (o c c) per annum, payable jseml-annually; sa.J bonds shall be num- j consecutively from 1 to 30, inclu- I Blve, and shall mature and be payable as j follows: I Bonds numbered 1 to 6, inclusive, Feb. j Ist, 1925. Bonds numbered 6 to-,10, Inclusive, Feb. Ist, 1927. Bonds numbered 11 to 15, Inclusive, Feb. Ist, 1928. Bonds numbered 16 to 20, Inclusive, Feb. Ist, 1929. Bonds numbered 21 to 25, inclusive, Feb. Ist, 1930. Bonds numbered 26 to 30, Inclusive, Feb. j Ist, 1931. Bonds numbered 31 to 36, inclusive, Feb. j Ist, 1932. Said bonds and coupons shall be payable at the Delaware County National Bank of the City of 'Muncie, Delaware County. Indiana, one of the regular authorized City depositories, and dated February Ist, 1922. The bid- or proposals shall be opened by the City Controller, at his office on the 15th day of February, 1922, between the hours of 12:90 o’clock noon and 2:00 o’clock p. m. and the said City Controller shall thereupon award said bonds as he shall see fit. a part or any number thereof to the highest and best bidder therefor; but said Controller shall have the full right to reject any or all bids or proposals, or any part thereof; and he shall have the right to accept a part of any bid, and award upon any bid the whole or a less number of bonds covered by such Hd. he being the sole judge of the sufficiency or insufficiency of any hid, or he may in his judgment award a part of said bonds to one bidder, and a part to another bidder, or bidders; said bonds shall be sold for cash and for not less than par and accrued interest; each and every bid or proposal shall be accompanied by a duly certified check upon some responsible bank of the City of Muncle, Indiana, and be payable to the order of itlie City Treasurer, for a sum of money which shall be equal to at least 2% of lise face or par value of said bonds bid ror or proposed to be purchased. In case any bid or proposal shall not be accepted and there shall be no award of bonds thereon by the City Controller, said certified check shall be returned to the said unsuccessful bidder; but if the said City Controller shall award the whole or any part of the bonds upon any bid or proposal. he shall deliv-r the certified check accompanying the said bid, to the City Treasurer, and if he shall see fit, he may present the same for payment and be entitled to collect the same, and shall hold the proceeds collected thereon unttl the completion of the purchase and payment for the bonds so awarded. In event said check Is not paid upon presentation, or in even! any sure- ®:ul bidder shall fail to complete the purchase of said bonds so awarded and shall pay for same in the mariner required, the proceeds of said certified check so deposited by such bidder. shall be taken, considered and deemed as agreed and liquidated damages fop the breech of such contract of purchase, and shall be taken and deemed as a payment to the City for damages, and shall be held by said city for its use. But if the bidder shall complete the purchase of said bonds so awards and to him. the proceeds of said check snail thereupon be returned to said bidder at the option of said City Controller, or the proceeds may be applied and deemed a payment on the account of the purchase of said bonds. Delivery of bonds shall be made at the office of said City Controller not later than the 15th day of February, 1922, or at such time or tinges as may be agreed upon by the Controller and purchaser. And the successful bidder shall take the bonds awarded to him and pay for the same; and his refusal or omission so to do shall be a breech of contract of bidder on account of which damages shall be retained or recovered as hereinbefore set out. Said sale is made pursuant to “an ordinance authorizing the issue and sale of thirty-five Bonds of the denomination of Thousand Dollars each, and one Bond Bsr Four Hundred Dollars, of the City ”f Muncie, Indiana, payable from the Genera! Revenues and Funds of said City, or from the Sinking Fund of said City, or as may be required by law, for the purpose of procuring money and funds to be used and employed for the purpose of purchasing real estate, as a site for the construction of two (2. Fire Stations, and for the building and constructing of two Fire Stations, of the Bungalow type, known and designated as Fire Stations No. Four and Five, respectively, and for the fn- r purpose of purchasing -Motor Equir for the Fire Force of said City: ding for the terms and tenor of said bonds and for the time and character of notice and the mode and method of making sale thereof, and providing a time when the same shall take effect." Passed by the Common Council of the City of Muncie, Indiana, on the 30th day of December, 1921. Address all communications to Calvin Paris, City Controller. CALVIN PARIS. City Controller.

NOTICK OF SALE OF FUNDING BONDS OF MUNCIE, INDIANA. Office of City Controller, Rooms 218-19-20 XVysor Block. City of Muncit. Ind., Feb. 3, 1922. Notice is hereby given that s-altd bids will be /eceived by the City Controller of the of -'lunch, Delaware County, Indiana. until 1:00 o’clock noon, on Wednesday, Feb. 15, 1922, for the whole or any part of a certain bond Issue for Fifty-one Thousand, Two Hundred Sixty-six and 98-100 Dollars ($51,266.68); known as "City of Mune’e Funding Bonds, 1922; and will be in denominations of One Thousand Dollars each for fifty thousand dollars, and one bond for the sum of $1,266.68, with interest coupons attached, and will bear interest at the rate of five per cent (5 r . c ; per annum, payable semi-annuaiiy; said bonds shall be numbered from 721 to 771. inclusive, and shall mature and be payable as follows: & Bonds numbered 721 to 730, inclusive, eb. Ist, 1932. Bonds numbered 731 to 760, Inclusive, Feb. Ist, 1933. Bonds numbered 741 to 750, Inclusive, Feb. Ist, 1934. Bonds numbered 751 to 760, Inclusive, Feb. Ist, 1935. Bonds numbered 761 to 770, Inclusive, Feb. Ist, 1936. Bond numbered 771, Feb. Ist, 1936. Said bonds and coupons shall be payable at the Delaware County National Bank of the City of Muncie, Delaware County, Indiana, one of the regular authorised city depositories, dated February Ist, 1922. The bids or proposals shall be opened by the City Controller at his office on the 15th day of February. 1922. between the hours of 1:00 o’clock p. m. and 2:00 o’clock p. m., and the said City Controller shall thereupon award said bonds a3 he shalll see fil. a part or any number thereof to ■the highest and best bidder therefor; said bonds shall be sold for cash ar.d for not less than par. Said City Controller shall have the right to postpone such award until a later date not beyond February 20th, 1922, and he shall also have the right to reject any or ali bids or any part thereof; and also the right to accept a part of any bid, and to award upon any bid the whole or less number of bonds covered by said bid, except only that no bonds shall be sold for less than par and accrued Interest; and said Controller shall further have the right in his judgment and discretion to award said bonds a part to one bidder and a part to another bidder or bidders. Each and every bid and proposal shall be presented to the City Controller sealed and with the endorsement thereon "BIDS ON CITY OF ATUNCIE FUNDING BONDS," and shall be accompanied by a certified check upon some responsible bank in the City of Muncie, Indiana, payable to the City Treasurer, in a sum of money equal to at least 2Vi % of the face or par value of the bopds bid for, and if the purchaser shall fail to complete the contract for the purchase of said bonds, t proceeds thereof shall be taken and Itemed as agreed and liquidated damages for the breech of the bidder's contract cf purchase, and shall be taken and deemed as payment to the city for damages. And in case any bid or proposal shall not be accepted and there shall be no award of bonds thereon, said certified check shail thereupon b- returned to such unsuccessful bidder. If there shall b awarded the whole or any part of the bonds upon any bid or proposal, the certified check shall thereupon be delivered to the City Treasurer, and the said Treasurer shall be entitled to collect the same and hold the proceeds until the completion of the purchase and payment for the bonds awarded. Should any bidder fail to pay for any of the bonds as per his said bid, the City shall retffiin the said check, and shall have the right to collect the same, and the proceeds thereof when collected shall be taken and deemed as agreed and liquidated damages for such breech of contract and as a payment thereof to the City. Delivery of said bonds shall be made at the office of said City Controller of said City of Muncie, Indiana, not later than the said 15th day of February, 1922, or at such time or times as may be agreed upon by the Controller and purchaser, and

LEGAL NOTICES. (Continued.) the successful bidder shall take the bonds awarded to him and pay for the same; and his refusal or omission so to do shall be a breech of contract of the bidder on account of which damages shall be retained or recovered as hereinbefore set out Said sale is made pursuant to an ordinance funding certain indebtedness ot the city of Muncle, Delaware County, Indiana, in the sum and amount of Fifty-one Tuousand, Two Hundred Sixty-Six Dollars and sixty-eight cents, passed .by the Common Council of the City of'Muncle, Indiana, on the 30th day of December. 1921. Address all communications *to Calvin Faris, City Controller. Calvin Faris. City Controiier. NOTICE OF SALE OF CITY NOTES' Office of City Controller, Rooms 218-19-20 Wysor Block. Muncie, Ind., Feb. 3, 1922. Notice is hereby given that sealed bids or proposals will be received at the office of the City Controiier of the City of Muncie, Delaware County. Indiana, until 12:00 o'clock noon, on Friday, the lith day of February. 1922, for the uurohaae of Fifty Thousand ($50,000.00) Dollars, notes of the City of Muncie, in the denominations of Five Thousand ($5,000.00) Dollars each, said notes to be numbered consecutively from one to ten inclusive; 6ach of said notes to bear interest at the rate if six (6%) per cent per annum. Five of said notes to be payable at the Delaware County National Bank, of Muncie, Indiana; and five of said notes to be payable at the .Merchants National Bank of Muncie, Indiana, both of said banks being authorized depositories of said city; all of said notes to mature and become due and payable 90 days from the date of issue, said notes to bear date of February Ist, 1922, said notes being a temporary Soar, in anticipation of the current revenues of said City levied and In course of collection; said notes shall be sold for cash and for not less than par. Each bid shall be presented to the City Controller sealed and the envelope containing said bid shall be endorsed "Bids for City Promissory Notes. ’ Bidders may bid on Eii> part or all of said notes, and are required to state the number of notes bid for. the gross amou.it they will pay for same; said notes shad not be told for less than par value, and will be sold to the highest and best bidder; the ri/ht to reject any and all bids is reserved. Said sale is made pursuant to an ordinance "authorizing the borrowing, of Fifty Thousand ($59,000.00) Dollars, as a temporary loan in autlcipation'of the current revenues of the City of Mu'tcii, Indiana actually levied in the y?ar of 192f, and to be collected and in course of col* lection for the year 1922, for the general fund of said city, and ordering and directing the execution of the notes of said City, evidencing the same, designating the manner in which said notes shall be sold and providing notice for bidders thereon," passed by the Common Council of said City on the 2d day of January, 1922. . Address all communications to Calvin . Faris, City Controller. CALVIN FA Rig, City Controller. NOTICE TO BIDDERS SCHOOL PLIES AND MATERIALS. The undersigned has publicly posted on the bulletin board of the Board of School Commissioners of the clt yof Indianapolis, ’at its offices. Meridian and Ohio streets, Indianapolis. Indiana, specifications for : divers supplies for schools, offices, janitors, ; domestic science, manual training and ! office equipment; and for materials for repairs to buildings and equipment, viz : | Hardware, lumber, plumbing and electric::] .supplies, and sealed bids will be received Iby the undersigned for the sale to said board for such supplies ad materials until the respective dates named In said 1 specifications. RALPH D. McCAItTY, Purchasing Agent. .VALTER J. TWINAME. Business Director.

HNANCIALLOANS On fnruttur*, pianos, autos, llv* stock larm Implements and collateral CAPITOL LOAN CO. 14 E Washington St. Main 05J4 Auto 7114 WE MAKV) f.rst and second mortgages on improved farms ar.d Indianapolis real estate. AETNA MORTGAGE AND INVEST’!’ CO 50s Fidelity T ust bldg. FIRST and second mortgage* on Indiana and Indianapolis real estate. H B WILSON V Delaware ml Main 11* In the Cotton Market L j NEW YORK, Feb. 4.—March was 7 points lower and other months unchanged to 15 points higher at the opening of the cotton market yesterday, but the nearby deliveries rapidly recovered and sold 15 points above the previous close on aetivfe covering similar to that which occurred late yesterday. Wall street, local operators and spot concerns were the buyers while Liverpool, New Orleans and the South sold. Cables were poor, but exerted little influence. L iter the entire list shared the strength of March and at the end of th first fifteen minutes showed net gains of about 15 points. New York opening cotton prices: March, 16.80 e: May, 16.50 c; July, 10 09c; October. 16.01 c; January. 15.50 c. The market ws steadier in the late dealings, closing at a net advance of 7 to 15 points —Cotton Futures— Open. High. Low Close March 10. SO 17.03 16.75 16 uT May 16 50 16 74 10.48 16 64 July 16.09 16.29 16.07 162') October 15.60 15.81 15.61 15 73 December 15.77 15.77 15.60 15.66 LIVERPOOL, Feb. 4.—(Spot cotton opened unchanged today, with sales around 8,000 bales. American middlings, fair. 1155.1; g od middlings, 10.10:1; full middlings, 9 .70/1; middlings, 9..'!5d; low middlings, S4O; good ordinary. 7.15d; ordinary. 6.40d. Futures were steady during initial dealings.

Local Curb Market

(By Newton Todd.) —Feb. 4 Am. Hominy com 14 20 Central and Coast Oil 2 Choate Oil Corp % % Coluint ia tire las. Cos 6 ?% Comet Auto % 2 Dayton Rubber UUs 45 55 Lietograph Prod, pfd 31 42 D W Griffith 6-v- 7% Elgin Motor Car 1% 2% Fed Flu Cos. pfd 77 87 Fed. Fin. Cos. com 123 135 Gt. Sou, Prod. & Ref 4% 5% Goodyear T. & K com 10 13 Goodyear T. A A. pfd 25 27 Ind Rural Credits 50 60 Metro 5-50 c Stores com. 6>2- 10 Metro. 5-50 c Stores pfd 20 26 Nat. Underwriting 5 9 Rauch A Lang Units 22 30 Stevens-Durepea units 22 34 U. S. Auto. Units 48 60 U S. Mtg. Cos Units 150 1(14 BANK STOCKS. Commercial Nat Bank 71 81 Cont Nat. liatfk 100 116 Ind. Trust Cos 175 190 Ind Nat. Bank 260 276 Mer. Nat Bank 280 Security Trust Cos 130 State Sav. & Trust 91 96 Union Trust Cos 300 Wash Bank A Trust C 0... 150 WHOLESALE FEED PRICES, Ton. Cwt. Acme bran $30.00 $1.55 Acme feed 31.00 1.60 Acme midds 33.00 1.70 Acme dairy feed 42.50 2.20 E-SC-dairy feed 32.00 1.65 Acme H. A M 29.00 1 50 Acme stock feed 25 00 1.30 Acme farm feed 30.00 1.55 Cracked corn 26.0 C 1.33 Acme chick feed 3600 1.85 Acme scratch 32.00 1 65 E-Z-scratch 29.00 1.50 Acme dry mash 40.00 2.05 Acme hog feed 36.00 1.85 Acme barleycorn (nut quoted) Ground barley 36.50 1.90 Ground oats 30.50 1.60 Eomlick yellow 25.50 1 50 Rolled barley 36.50 1.85 AlfaKis mol 29.00 1.50 Cottonseed meal 46.00 2.35 Linseed oil meal 53.50 2 75 Acme chick mash 43.00 2.20 Acme hominy 26.00 1.35 Tankage 00.00 3.25 HAI MARKET The following are the lnutanapoHs firices for hay by the wagon load deIvered: Hay-Loyse timothy, $16.00@17 ; mixed hay. s%yi6; baled hay s)7®lß. Oats—New, per bushel. 32@30c. Corn—New, per 1 ushcl, 45@50c. Corn —Old. per bushel. 54®60e.

MARKET TONE DENOTES GAIN IN CONFIDENCE Change Indicates Misgivings Over Political Sit uation Subsiding. RESERVE RATIO LESS Special to Indiana Daily Times and Philadelphia Public Ledger. By MONITOR. NEW YORK, Feb. 4.—Further gains in activity and strength were registered by the stock market with the market movements reflecting a growing breadth of interest. Short covering played its part in the upturn, but a goodly portion of the buying appeared to be for the account of those who had liquidated long stocks recently and were desirous of getting them back. It is difficult to explain the favorable change in the market torn on any other ground than the belief In apparently well-informed quarters that many of the misgivings over a doinstic and foreign political situation are sub silling, and that confidence once more is taking the place of anxiety. The consummation of the.naval disarmament program, the feeling that the political cliques in Congress have felt they were carrying travesty too far, the growing opposition to the soldiers' bonus bill and the evidence on all hands of a tendency toward lowered production costs may be given the credit for the improvement in sentiment. There was no feature of outstanding importance In the market. Several of the specialties shared about equally in the demonstrations of loyalty on the part of the buyers. Chandler led the motors. American Snuff advanced about 10 points. Woolworth made anew higii record. An other strong specialty was Otis Elevator. Missouri Pacific Preferred, by Its sharp rise on a large turnover, stimulated considerable buying among the low grade rails. Texas Pacific made anew high at 31. St. Paul preferred was firm, and New Haven sold more than four points above the low level of early January. Sentiment toward the rails once more is quite friendly. The weekly 'statement of the Federal Reserve system, as well us the New York Federal Reserve Bank, shows a decline In the re-'Tvo rati" this week largely ns a result of the heavy fiscal operations attending the offering of the treasury notes. The decline took place notwithstanding an Increase in reserves and u decrease in note circulation.--Copyright, 1922, by Ledger Publishing Company. WALL STREET GOSSIP BY MONITOR. There has been ext nsive accumulation by important Interests in certain of the copper stocks. Professionals have sold Anaconda knowing that <>n Feb. 10 certificates would be dcliveri and to shareholders of tho American Brass Company it has been assumed that a large quantity of tlii- stock would be sold Some of it has been in anticipation of delivery, tints creating a t.-dini- ;tl short interest which has been greatly augmented by the ao* tiv.ties of the professionals, (.’lose observers of the trading in Anaconda and Utah Copper express the opinion that a bear trap will be sprung within a short t ime. The oil stocks were actively bought through the day s session. A considerable pari of this f ctivity is due to manipulation, but behind the manipulation there is a background • f improvement ‘n the oil market. Posted prices in sme of the fields are below pric. * a. tlially he ing paid, according to an observer w’ u ha- just returned from a visit to the fields in the Southwest. A considerable part of the buying in the better class of these stocks is for the account of oil interests. • Royal Dutch has nil the earmarks of being under accumulation. The stock Is out "f line, in the opinion of many brokers. with the oftter stocks of this group. Ia adition to new development work in M x.co, the company has an unbroken dividend record of twenty years ami for .1 dd i t ion.i I < * list rue !i ve factors, the opening of the South American fields and the I strong financial position of the company. The Missouri Pacific stocks, both common and preferred, were exceptionally strong in yesterday's market. A.'cumulation In these issues was referred to some time ago as being for important banking interests. The financial community is convinced that this spring. dividends will be resumed on the preferred stock.

Reports from the floor indicate a large outstanding short interest In Sears Roebuck. l’iie distress selling from Chicago is reported to tie over, and the stock thus sold passed Into strong hands. In influential speculative quarters which have been active in the issue, it is hinted tiiat the short position may be found untenable in the near future. The market was called upon to absorb a large quantity of realizing sales throughout the day. These offerings were well absorbed, and It was particularly noticeable that no“ recessions the market became dull and stocks were in scant supply. The advance in the standard oil stocks, General .Electric and Associated Drygoods arc taken by the trading element to mean that powerful financial Interests are not averse to activity on the constructive side. The ncoumulatidn which was noticed In Market street prior preference stock is making itself felt in a scarcity of offerings. Absorption is reported as being due to advance knowledge of the placing of the stock on a (1 per cent annual dividend basis within a few weeks. The reduction in prices announced by Dodge Brothers Feb. 1 was much less than had been expected In* the trade. It is the general belief of motor car milkers that prices are stabilized. An indication of the effect of the Dodge Brothers announced on the industry is shown by the Gardner Motor Oar Company, which will ship in excess of 1.000 cars this month, and in excess of 2.000 ears next month. The Cleveland Motor Car Company now has orders on its hooks for more than 10,000 cars. Woolworth sold at 155%, the highest price ever recorded for this stock. From time to time there have been reports that a stock dividend woitld be declared. Official confirmation never hase been given them. officials of the company deprecate the suggestion, and claim that the buying of the stock is by investors and is based on the large volume of business and satisfactory profits, which the company shows. American Tee proved almost as erratic as did Gulf States Steel on Jan. 20. Despite the wide fluctuations tljere was some evidence of distribution, although it is suggested in firms which have been active in the present move, that the stock has by no means discounted in price the good tiling-: in store for the stockholders. There would be no surprise manifested if It developed later than the speculative holdings of a pool are found to have been distributed between 95 and 105. Although there was a large amount of money unloaded at the close of business Thursday, the opening and renewal rate fOr call loans yesterday was 5% per cent. By noon the rate had declined to 5 per cent and late borrowers obtained their money ns low at 4% per cent. The abundance of funds Is ascribed by bankers to subscrip'ions which were not allotted for the treasury bonds. It brought into existence again the “outside” money market, where loans were reported as low as 4 per cent. During the afternoon, the strength which was apparent in Texas and Pacific and the Missouri Pacific issues spread to the rest of the rail list. This was a <leve’opment which was enthusiastically received by the more conservative element in the financial district who have looked askance at the pool manipulation in the industrial list. It was generally reported before the close of the market that Important banking interests were buyers of these stocks and are solidly behind the movement In them. Secretary Hoover's remarks on the railroad situation were accepted as constructive, and as representing the views of the administration. —Copyright, 1922, by Public Ledge Company. t

INDIANA DAILY TIMES, SATURDAY, FEBRUARY 4,1922.

N. Y. Stock Opening

(By Thomson & McKinnon.) —Feb. 4. —OpeningAllied Chemical 59 Allis Chalmers 45% American Bosch Magneto Cos 36% ■ Am. Can 38 Am. Ice 95 American International Corporation 42 Am. Locomotive 108% Am. Sugar Ref 67 Am. Tel. & Tel 118% Am. Tobacco 137 Am. Woolen S3 Anaconda Min. Cos 48% Atchison 90% Atlantic Gulf & W. 1 27% Baldwin Loco 08% Bethlehem Steel (B) tilts Calif. Pete 48% Chandler Motors 64 Chicago & Northwestern 6U% Cluett P 57 Coca Cola 44% Columbia Gas • • 69 Cosden Oil ./ 34 % Crucible Steel 62 Delaware & Hudson 109% Endieott 81% Famous Players 79% General Asphalt 60 General Motors 9 Gulf States Steel 71 Lehigh Valley 59 L. A N 113% Martin-Parry Cos 31% Mexican Petroleum 114 Midvale Steel 30 Northern Pacific 78% Pan American Petroleum 52% Penna. Ky 34% People's Gas 69% Ry. Steel Springs 97 Reading 73% Rep. Iron &. Steel 52% Royal Dutch of N. Y 50% Sears-Roebuck 62 Sinclair 19% Southern Pacific 82% Studebakor 91% Texas Company 45% Texas Gas and Sulphur 44% Tobacco Products 63% 1 ttion Pacific 128% United Retail Stores 55% United Fruit Cos 135% U. S. Industrial Alcohol 44 U. S. Steel 86% Vanadium Steel 34% Vir.-Cir Chemical 30% Westlqghouse Electric 52 ~—.

N.Y. Stock Exchange

(By Thomson & McKinnon) —Feb. 3. Prev. High Low Close Close Adv.-Rum. com. 12 11% 12 11% Ajax Rub 15% 14% 15 15% Allied Chew. ... 59% 58% 58% 55% Allls-Chaloi. ... 45% 45% 45% 45% Am. Ice . 90% 94% 94% 96% Am. Bosch Mag. 37% 35 30% 35 Ain. Chii 38>4 37% 37% 37% Am. 0. A Fy.,146 145 ■ 145% 146% Am. It &L. com 15% 14% 15 11% Am. H. &L. pfd 65 64 % 61% 64 Am. lut. Cor. .. 42% 41% 41 ’s 41% Am. Loco. ... lies 106% 107 IoT Am. Steel Fy... 32% 31% 32 31% Am. Smell A R. 46% 46 46% 46% Am. Sug. Ref... 67% 66% 60% 06% Am. Sit. T. Cos. 29% 28% 29% 29% Am. Tel A Tel. 118% 11s 11H% lis Am. Tot) 130% 1.34% 135% R’,4% Aiu, W001en,... 83-% 82% 83 82 Anaconda 49 48% 48% 45% Atchison 96% 95% 96% 95 • At. Coast Line.. 88% 88 88 % 87% iAt (. \ \V. !., 27% 26% 27 20% ! BaiMwin Loco.. 98% 97% 98% p 7% !B. V I) 34% 34 34% 24% j Bet. S. (8)... 61 0!% 61 % 61% |B. R. T 12% 12 12 12% Cal. Pete 49% 48 48% 45% Can. Pac. tty.. 125% 124 124% 124% j Cent. Leather.. 22% 32% 32% .2% Citand. Motor.. 63% 60 62% 59% jt 0 56% c.% 56% .'* CM. A St.P.coni 18% 18% 18% !8% CM. A- S.P.pfd 31% 30% 31% 31 Chi. & N. W.. 61% 03 64 % 63% C..K.1. A Pacific 32% 31% 32 31 • C.R.I.AP.6pc pfd 75% 7;, 73% 72 <’R I & P.7pc pfd S8 87% s7> , SO Chill Copper ... 17% 17% 17% 17% Cluett ,v P 6>>% 57 57% 59 •'"tnp A Tab.. 65% 7% 08 * 68% Chino Copper . 26% 26% 20% Coca Cola 44% 41% 44% 44% • 01. F. A Iron. 26% 20% 20% 26 Con. Gas 9! !!% 91 90% Con. Can 56% 54-% 36% >% Corn Prod. . ..104% 103% RC-S 102% Crucible Steel . 02% 01% 6! % 02 • Cuban Am. 8. . 18% 18% 18% 18% Cuban Cane S.. 10 9% 10 9% Del. A Hud. ..160% 168% 100% 107% Del. A Lack ..11!% 113 113% 113 ! Dome Mine* .. 23 22 % 23 22% ! Erie 9% H% 9% % | Erie Ist pfd.... 13% 12% 13% 12% ! Endieott and J. 82% 81% 81% SIN 1 Famous Plav. . 80% 79% 79% 79% Fisk Rubber.. 12% 12% 12% 12% | General Asphalt 60% 59% 59% 58% General Cigars 09 69 69 63% Gen. Electric... 147% 145% 145% 140% General Motors 9% w% 8% 9 ' tit. North, pfd.. 74 73% 73% 72% ! Gt. North. Ore.. 33% 31% 33% 31% Gulf States Steel 73% 76% 70% *S\ 1 Houston Oil. .. 75 75 75 7+ .Illinois Central. 100% 100% 100% 100% Imliahoma .... 3% 3% 3% 3% Inspir Copper. 39% 31) 39% 38% Inter. Harvester 83% .83% 83% 53% Internatl. Nickel 12% 12% 12% 12% Inter Paper.... 51 56% 56% 49% Invincible 0i1... 15% 15 15% 15 !K. C, Southern. 23% 22% 23% 22% I KeUy-Spg. Tire. 38% 37% 37% 37% j Kennecott Cop. 29 28% 28% 28% Lehigh Valley 59% 58% 58% 58% ! Loews. 111 c 11% 11 % 11 % 11 % I Martin-Parry .. 32 31 31% 31% Marine com 15% 15% 15% 15% j Marine pfd 09 68% 08% 68% May Stores 107% 106% 167 107 I Maryland hiL. 25 24% 24% 24 ! Mi'X. Petrol 114% 112% 111 112% Miami Copper. . 27 26% 20% 27 Middle S. Oil.. 12 12 12 12 j Midvale Steel... 30% 30 30 30% ! Missouri Par. U. 18 16% 17*5 10% Mo. Pac. Ky. p. 4.8% 46 47% 44a; Mont.-Ward ... 13% 12% 13% 13 National Lead.. 92 91% 91% 90% Nev. Con. Cop... 14% 14-% 14% 14% X. Y. C 75% 743; 75 71% New Haven ... <}% 16% 10% 16% Nor. & West... 09% 99 * 99% ... North. Pac 78% 77 78 77% Ok. P & U. Cos. 2% 2% 2% 2% Owen But. com 27 20 % 20% 27 Pacific Oil 45% 45% 45% -16% Pan-Ain. Pet. .. 52 1 . 51% 52 51% Penna Ry 34% 34% 34% 34% Pen. (ins 69% 69% 69% 09 Pere Marq 21 20% 21 20 Pierce-Arrow ... 15% 15% 15% 14% Pier. Oil C 0.... 10 9% 9% 9% Pul. Pal. Car.. 113 112% 112% 111 Pure Oil 35% 3481 35 34% Reading 73% 72% 73% 52% R Iron A Steel 53% 52% 52% 52% Rep. Steel .... 31% 31% 31% 31 Roy. Dt. of N.Y. 50% 48% 49% 48% Sears Roebuck . 62% 61% 62% 61% Sinclair 20 19% 19% 19% S-Sheff. S. & I. 41% 41 41 So. Pacific.... at>% isl.% 82% 81% Southern Ry 18% 17% 18% 17% S. Oil of Cal... 95% 94‘/a 94% 94% S Oil of N. J. .181 179 179 1,80 St.L. & SF.com 22% 21%’ 22% .... Stew. & Warner 28% 28 28% 28 Strom. Carb... 40% 39 40 % 384% Studebakor 92 90% 91% 90% Tex.G. & Sul. 45 44% 44% 44% Tex. C. & Oil. 25% 25 25 24% Texas Cos 45% 44% 45 44% Tex & Pacific. 31 29% 30% 29% Tob. Prods 64% 63% 63% 63% Trans. Oil 9% 9% 9% 10 Union Oil 19% 19% 19% 19% Union Pacific .129% 1?7% 129 127 United Drug.... 69 69 69 69% United Fruit ..135% 134% 135 135% U. S. Retail S.. 55% 55 55% 55y 4 U. 3. Food P... 5% 5% 5% 5% U. S. In. A 45 4% 44 44% U. S. Rubber... 55% 54% 54% 54% U. 8. Steel 87 86% 86% 86% U. S. Steel pfd.115% 115% 115% 117 Utah Copper .. 63% 62% 63% 63% Van. Steel .... 35% 34% 34% 34% Wabash 6% 6% 6% 6% Wabash Ist pfd. 20% 19% 20% 19% West. Pacific... 16% 16% 16% 16. West. Union .. 91% 91% 91% ' 91% West. Elec 52% 51% 51% 51% White Motors . 39% 39% 39% 39 Wlllvs Over. .. 5% 5% 5% 5% White Oil 9% 9% 9% .9% Woolworth ....152% 151 I>2 150 Worth. Pump .47 46% 47 NEW YORK LIBERTY BONDS. —Feb. 3 Prev. High. Low. Close, close. Liberty 3%s 95.70 95.40 95.40 95.70 Liberty 2nd 4s 96.40 Liberty Ist 4%5.. 96.76 96.40 96.50 96.70 Liberty 2nd 4%s 96.52 00.30 96.40 96.42 Liberty 3rd 4%s 97.46 97.30 97.40 97.40 Liberty 4th 4%s 96.72 96 40 96.56 96 60 Victory 3%s 100.28 100.24 100.24 100.28 Victory 4%s 100.28 100.22 100.24 100.28 NEW YORK TURPENTINE. NEW YORK, Feb. 4. —Turpentine sold at 93%c per gallon in trade on the marj ket here yesterday.

FINAL TRADE IN STOCKS ACTIVE New Hijjfhs for Day Touched During Closing Business. NEW YORK, Feb. 4.—The stock market closed strong today. Trading was active in the final dealings, many Issues touching new highs for the day In the last few uunutes. Baldwin Locomotive was irt large demand and sold up to 102, closing at 102, a gain of 4 points. Steel Common advanced to a final quotation of 87%. Pullman Company was a feature, getting up 4 points to 116%. New Haven led the railroad list with an advance of 1 point to 17%! Studebaker reacted moderately from its high to 91%. Government bonds were unchanged and railway and other bunds strung. Total sales of stocks fur the day were 492.800 shares; bonds, $9,103,000. Total sales stocks fur the week were, 3,325,000 shares; bonds, $74,834,000. (By Thomson A McKinnon.) —Feb. 3 One fact has been clearly demonstrated during the last two sessions of the stock market—that they do not need any news to advance values. All that is required is a sufficient 'lumber of buying orders, no matter whether there is unfavorable news or no news. The fact of the matter is that, based on actual conditions as reported, it would have been sufficient if the market hail held its position of a week ago; nut with traders confident of their position and confident of the future and with support either active or passive from banking interests, it has been an easy matter for them to support the market and to attract a sufficient following to advance values further. Today, the demand was more general than during previous sessions this week. Heretofore activity was confined largely to a limited number of specialties, today t large number of issues were included in the active list and in addition the rails responded and gave an excellent account of themselves With sentiment such as it is, constant •'"up-port may lie loqke.l tor bin from the standpoint of the public it would seem to us advisable to give some attention to developments and business conditions throughout the world, to make allowance for the unfavorable factors and on each bulge to at least market a portion of holdings and then to be better prepared to take advantage of Reactions. * TWENTY STOCKS AVERAGE. NEW YORK, Feb. 4.—Twenty industrial stocks averaged 82 86. up 1.13 per cent. Twenty active rails averaged 75.19, up .01 per cent. CREARING HOt 'SR STATEMENT. NEW YORK, Feb, 4. Exchanges yesterday were $676.900,000: balances, ss4,100,000; Federal Reserve Bauk credit balances, $54,500,UDU.

Money and Exchange

Indianapolis bank clearings Saturday were $2,510,n00 ami for the week ending Saturday $15,183,000. Rank debits Saturday we re s.V2lS.<a> and for the week : ending Saturday $29,425.0du. NEW YORK. Feb. 4 The foreign ex ’ change market opened firm yesterday, demand sprling being %c higher si $430%. Francs ruse 4 centime:- to 8 37% for <-a In'-" and 8 37c for checks Lire yielded % of a point to I 66c for cables and to 4 65%e icr checks. Belgian francs were % ecu times higher to 7 96e for cables and to 7 95c for checks Marks wore tin- ■ lianged at .0019 Guilder cables were i 37.05; checks. 37c. Rift-den kronen cables were 25.55 c; checks. 25.50 c. MU MIHli (All MONEY. NEW YORK, Feb. 4 Money ; Call money yesterday ruled at q 1-5 per cent; high, 5% per cent; low, 4% per cent; time ’ money was sternly at 4’o l\ per cent. Brittle mereatt’He paper was steady. Sterling was strong at $4.00. MOTOR hr.Cl ItiriLS, (By Thomsen A MrKlnnon.i —Feb. 3 Closing Bid. Ask Ear! Motors 33% Packard c, on 6% 0 % I'aekard pfd 65 67 I’eerless 35 37 tumioeiitul Motors com. ... 5\ 6 < 'out Inental Motors pfd...... 86 if) Hupp com 13 13% Hupp pfd 90 .... Reu M tor Car 18% E'% Elgin Motors 2% 2% (.rant Molts 1 1% National Motors 1 Federal Truck 1* 17 Bulge .Motors 33 14% Republic Truck 7% 8 ACTIVE OIL STOCKS. (By 1 houiHou A. M Klnnon.) Feb. 3. Bid Ask Atlantic Lobes >% 8% IP-rnc Scrytuser 326 340 Buckeye Bi .pe Line 92 94 Chesebrough Mf'g. Cons 175 185 Continental Oil. t'olo 130 135 Cosdett Oil au'l Gas 6 9 Crescent Pipe Line. 34 36 1 'umberland Pipe Line 140 155 Elk Basin Pete 5% 5% Eureka Pipe Line 88 90 Galena Signal Oil, Pref UMt 10-1 Galena-Signal Oil. Com 40 12 Illinois Pipe Line 167 170 Indiana Pipe Line 90 02 Merritt Oil '■'% 9% Midwest Oil 2% 3 Midwest Kfg 15 175 National Transit 79 New York Transit TSO 155 Northern Pipe Line 100 105 till., oil 268 272 Oklahoma V. & R 5% 5% Penn Me\ 17 20 Prairie Oil and Gas 530 544) Prairie Pipe LThe 23t_ 242 __ Sapuipa llefg 2% 3 Solar Refining 375 395 Southern Pipe Line 96 98 South Penn Oil 185 195 Southwest Penu Pipe Lines. 67 73 I Standard OH Cos. of ind 86% 86% Standard Oil Cos. of Kan 569 575 Standard Oil Cos. of Ky. ~..450 475 Standard Oil Cos. of Neb 160 170 Standard Oil Cos. of N. ...355 365 Standard Oil Cos. of Ohio ...380 400 Swan A Finch 30 :5 Vacuum Oil 325 335 Washington Oil 30 35 NEW YORK Cl KB MARKET. (By Thomson & McKinnon.) —Feb. 3. —Closing— Bid. Ask. Acme Peking 30 40 Curtis Aero, com 2% 3% Curtis Aero, pfd 20 25 Goldfield Con 3 5 Jumbo Extension 2 4 Imperial Oil (Del.) 10 10% International Pet 14% 14% Nlpissing 6 * 0% Standard Motors 3% 4 Salt Creek 14% 14% Tonopah Extension 17 18 Tonopah Mining 1 7-16 1 9-16 United V S New 1 15 16 2 U. S. Light and Heat 80 90 U. S. Light and Heat pfd.... 1 1% Wright- 2 5 Yukon Gold Mine Cos 1% 1% Jerome 2.8 33 New Cornelia 18 18% United Verde 28 29 Sequoyah 3 10 Omar Oil 72 SO Rep. Tire 15 25 Boston & Mont 50 5V CHICAGO STOCKS. (By Thomson & McKinnon) Feb. 3Open. High. Low. Close. Arm. A Cos. pfd. 95 95 % 95 95% Case Plow 3% O. C. & C. R pfd. 5% Con. Motors 5% 5% 5% 5% Deere A Cos. pfd. 61 Earl Motors 3% Libby-MeNeill—. 5% 5% 5% 5% Mont. Ward 12% 13 12% 13 Nat. Leath. new 10% 10% 10% 10% Uiek A o 22% 23% 22% 23% riggly Wig. A.. 35% Stewart Warner 28 28% 28 28% Swift A Cos 100% 100% 100 100% Swift Inti 20% 20% 20% 20% Thomp (J.R.).. 41% 12 41% 41% Temtor Corn A. 4% 4% 4% 4% Union C. A C... 45% 46% 45% 46% Wahl 67% 68 67% 67% Wrigley 108% 109 108 108 Yellow Taxi.... 59% 59% 59 59% NEW YORK WOOL*. NEW YORK, Feb. 4—Wool prices ruled about steady in trade on the market here yesterday. Domestic fleece. XX Ohio, was quoted at 25@39e per lb; domestic pulled, scoured basis, at 18@47c and Texas domestic, scoured basis, at 40^75c. / NEW YORK PETROLEUM. NEW Y( iRK, Fell. 4. —Petroleum prices ruled steady in trade on the market here yesterday, Pennsylvania crude petroleum maintaining its long-standing price of $3.25 per barrel.

New York Bond

(Bv Fletcher American Company.) —Feb. 3 FOREIGN GOVERNMENT BONDS. Bid Ask Arg. (Unlisted) 5s Sept. 1, ’45 '.% 75 Arg. 7s Oct., ’23 97 % 98% Belgian 6s Jan. 1, '25 95% 96 Belgian 7%s June 1, ’45 106% 107 Belgian 8s Feb. 1, Ml 105% 106 Berne 8s Nov. 1, ’45 108 108% Brazil 8s J’*e 1, ’4l 103 104% Chile 8s Oet. 1, 100% 100% ('bile 83 Feb. 1, ’4l 101 101% Chile 8s Nov. 1, ’46 100 100% Christiania 8s Oct. 1, '45 106% 107% Copenhagen 5%s July 1, '44.. 87 % 88% Danish Man 8s Feb. 1, '46....107 107% Denmark 8s Oct. 15, '45 108% 109 •Canadian 5%s Dec, 1, '22.... 95 96% •Canadian 5%s Nov. 1, '23.... 94% 95% •Canadian 5%s Nov. 1, '24.. 94% 95% •Canadian 5s Dec. 1. '25 93 94% Canadian 5s Apr. 1. *26 97% 97% Canadian 5%s Dec. 1, '27 96% 9t% Canadian 5%s Aug. 1, '29 98% 99 Canadian 5s Apr. 1, ’3l 96% 96% •Canadian 5s Oct. 1, '31.... 93% Canadian 5%s Nov. 1, '33 97 % 98% •Canadian 5%s Nov. 1, '34.... 94% 95%, Canadian 5s Mch. 1, ’37 95% 96% •Canadian 5%s Dec. 1, ’37.... 99% 100% •French (Viet.) Opt., '31.. (V 2% M •French 4s Opt., '43 49% 51 French 7%s June '4l 94% 9o French 8s Sept. 15, '45 106% 10 0% .Tap (Ist) 4%s Feb. 15. ’25.... 87 % 87% Jap (2d) 4%s July 10, ’25.... 86% 87 Jap 4s Jan. 1, ’3l 73% 74 Mexico 4s Jan., ’54 42 *2% Norwav 8s Oct, 1, ’4O 109% 110 Queensland 7s Oet. 1, ’41....106% JOJ’Ji Rio de Janeiro 8s Oct., *46... .100% 100% Sao Paulo 8s Jan. 1, ’36....100% 100% Swedish 6k June 15, ’39 96 % 97 Swiss 5%s Aug. 1, ’29 97 % 97% Swiss 8s Jltiv 1,40 113% 114% U K. 5% Nov. 1, ’22 100% 101 U. K. -5% Aug. 1, ’29 102 102% U. K. 5%s Feb. 1, ’37 98% OS's. Uruguay 8s Aug. 1. '46 322'^ Zurich 8s Oct. 15, '45 108 Argentine 4s A. A- O •>-% 53% Argentine 4s J. A S 53 ->3% Dutch Indies Os 94% 94% Slene 7s 90% 90% • ‘lnternal loans.

CORPORATION BONDS. Bid. Ask. Allied Packers 6s 67 69 Alum. Cos. of Am. 7s. Nov., '25.101% 101% Alt. Ref. 6%5. Mch., '3l 104% 104% Am. Cot. Oil 6s, Sept. 2, ’24.. 92% 93 Amer. Tel. A Tel 6s, '25 100% 111‘4 Am Tel. 6s. Oct., '22 100% 100% Am. Tel. 6s, Feb., '24 100% 101 Am. Thread 6s. Dec.. '2B 100% 101 •Aut Tub. 7s, Nov.. '22 101 101% Am. Toi). 7s, Nov., ’23 102% 102% Anaconda (is, Jan., ’29 98% 98% Anacondc 7s, Jan., '29 101% Anglo-An). Oil 7%5, Apr., '25.103% 14)3 >4 Armour 7s, July 15, '3O 101% 1"!‘h Atchison Gen. 4s 87% 88% Bell of Pa. 7s .108% l<% Beil Tel. of Can. 7s, Apr., ’23.100% 101% Beth. Steel 7a, July 15, '23. ..100% 100% Big Four 6a 96% 9. Cart. Nor. 6%s 100 1')9% Cun. Nor. 7s 109% 110‘,a Can. Pac. deb. 4 98 98% Cau. Pacific Mch. 2, ’24... 100% 101% C B. Q. Gen. 4s 86 87% C. B Q.— 111. 3%a 79% 80% C. B. Q —Neb. 4s 95 95% CB. Q Jl o%s P. 106% 10“ % Cent. Arg. Ry. 6s. Feb., '27... 89% 90% Chi A N. W. 6%s 106% 107 Chi A N. W. 7s 106 106% Col. Graph 8s 29% 31 Cun. Gas 7s. Dec., ’22 101% 101% Copper Exp Bs, Feb. 15, '23..102 102% Cupper Exp. hs, Feb. 15, '24..1'*2% KB Cupper Exp Bs, Feb. 15, 25 .103% I**4% Cuban Am. Sugar 8s l"3-% ’J'4% Cudahy 7*. July 15, '23 10(_>% H>% Diamond Match 7s 107 l“h Du Pont 7%s 103% 1u3% I ed. Loan 3s, ’4t 102% 108% l est Sugar t%, Nov., '24 98% 09 Fisk Tiro 8s 101 101% Galena 7s 101% 102 Goodrich 7s, Apr., 23 97 97% Goodyear Ist B*. '4l 11% Goodyear Deb. Bs, '3l 97% 98% Great Northern 7s 107% 108 Grand Trunk 6s 102 1('2% (.rat J Trunk o%* 103% H'3% Grand Trunk 7s 110% 111 Gttif Oil tis, July. "23 100% 100% ilf Oil >h, Feb., '33 102% 103% ili-inx 7s. Dee '3O 104 K 4% IT" king Val. tis. Mdi,. '24 ... 9'% 98% Humble OH 7s. Mch. 15, ’23. ..100% 1""% ill Cent. Ref Is. '55 83% 84% Int.-r Met 4%s I*% 19% luterhoro 5s 64% 65% Int R. T Bs, Sept, '22 82% 83 k C I'r. l.t 8s 1U3% 104% K C. Term. 6s, Nov. 15. '23. ..100% 100% Kelly-Springfield 8s 102 102% Kenn Cup. 7s, Feb., '3O l(*i its)% latclede Gas 7s. Jail.. '29 95 95% l.lbov If Nell 7s, May, ’31... 99 99% I AN 7s, SO 1(17% KIB% Alex Pet. 8s 99% 100 Minn.. St.'p. & S. S M.6%..101% 101% Morris 7%s 102% 103 Nth Bell 7s -■ -107% 108 Natl. Leath. 8, Nov. 15, '25... 97 99 N. Y. Central is. '3O 106% l*sl% N. Y Tel. Kef. tis. ’4l ~..102% 103% N Y. Edison fi%B, '4l 105% 106% Nor. Pac. I*. L. 4s 84 85 Nor. Pac. G. L. Ss 59% 60% Nor. Pac. 6s 106% 107% Packard 8s 09% K*) Pan-Amur. Pet. 7s 95 96 Penn. B%s 105% 106% Penn. 7s 105?* 106% Philippines r.%8, ’ll 103 105 Proctor A G. 7s, Mch.. '22....100 100% Proctor A G 7s. Mch. ’23...101% 101% It J. Reynolds 6s. Aug. '22. .. 100% 101 Seaboard Con 6s 43% 44 Se ars Roebuck 7s, Oct: 13, '22.100 100% Sears Roebuck 7s, Oct. 15, '23 98% 99 S re lair 7%a, May 15, '23 99% 100 Solvay & Ole Bs, Oct. '27 102% 103% Southern Ry. tis, Mch, '22.... 39% 100% South. Ry. 6%s 94% 94% St. I* Sau Fran. P I*. 4s —. 65% 66*4 St. L -San Fran. AdJ. 6s 72% 72% St.-e! & Tube 7s 98% 99 S. W. Beil Tel. 7s, Apr. ’25. ..101% 101% Std. Oil (Cal.) 7s, Jan., ’31...105% 106% St. Oil (N.Y.I 7s, Jan , ’23 ’31.105 110% St. Oil (N.Y.) 6%, May, ’33.100% 100% St. Paul U I' r.%* Dec. 15, ’23 99% KK>% Swift 7s, Oct. 15, ’25. I<>o% KM Swift 7s, Aug. 15, ’3l 101% 102% TCxas Cos. 7s, Mch., 1, ’23 100% K>l % Tidewater Oil o%s 101% KH% Union Tank Car 7s 102% 103 U S Robber 7%s KM % 104% Utah Sec. 6s, Sept. 15. ’22.... 98 98% Vacuum Oil 7s 107 107% Vn. Car Chpin 7%s 92% 93 Western El 7s, Apr., '25 KM'S? 1(B% West’n Union 6%s 107% 107% AA’estlnghouse 7s, Mny, ’31... 105% I**6% Wilson 7%s 95 Aa 96 AA'inchester 7%s 97% 98

NEW YORK SUGARS. NEW YORK, Feb. 3.—Raw sugar values eased off slightly in trade on the exchange here today. Cnbas sold at 3.67 c per pound, duty paid, while Porto Ricos were quoted at 3.61 c per pound, delivered. Refined sugars ruled steady to 5 points lower, both tine granulated and No. 1 soft selling at 5.00®5.10c per pound. NEW YORK COFFEE. NEW YORK, Feb. 4. —Coffee values displayed a steady trend in trade on the market hero yesterday, opening options being unchanged to 2 points higher. Rio No. 7, on spot, Bold at 8% ®9c per pound NEW YORK RICE. NEW YORK, Feb. 4.—Rice was in good demand in trade on the exchange here yesterday nnd priees ruled about steady. Domestic was quoted*at 3#7%c per pound. NEW YORK METAL MARKET. NEW YORK. Feb. 4. popper—Weak ; all positions offered 13c, Lead —Weak; spot and January. [email protected]; February and March, 4.60®4.70e. Spelter—-Weak; spot, January and February offered 4.50 c; March offered 4.60 c. NEW YORK niDES. NEW YORK, Fob. 4.—Hides were firm in trade on the market hero yesterday. Native steer titles maintained their long standing quotation of 16c per pound, while branded steer hides sold at 15# 15 %c. INDIANAPOLIS PRODUCE. * Eggs—Loss off. 32@33c. Butter—Packing stock. 15#17. Poultry—Fowls. 16# 23c; springs, 20@23e; cocks, ll#12c; stags. 13@Mc; capons, 7 lbs. and ur,, 80c; capons, under 7 lbs. 26c: capon slips, 7 lbs and up 30c; capon sllpa, under 7 lbs., 26c; young hen turks, 8 lbs. and up 40c; voting tom turks, 12 lbs. and up 40c; old tom turks, 33c; cull thin turkeys not wanted ; ducks, 4 lbs. and up. 18#19o, z;eese, 10 ibs. and up, 14; squabs. 11 Tbs to dozen, $5; voung guineas. 2-lb. sue per doz.. $7#7.50: old guineas, per dox.. $3 Buttr —Local dealers are paying 37# 3Sc pei ib. for butter delivered in Indianapolis. Butter Fat—Local dealers are Pitying 33c per it. for butter fat delivered tn Indianapolis.

CATTLE RECEIPTS ARE VERY LIGHT 1 Swine Prices Rule Steady to . Weak—Calves Higher. range O* HIM. PRICES. Good Good Good Jan. Mixed. He*iv* Light. I 26. $8 75® 8.90 $8.50® 8.75 $8.90® 9.00 27. 8.90® 9.15 8.60® 8.85 9.25® 9.35 28. 9.00® 9.25 8.75® 9.00 9.55® 9.50 30. 9.25® 9.50 9.00® 9.25 9.50® 965 31. 9.25® 9.50 9.00® 9.25 9.50@ 9.75 Feb. V 1. 915® 9.35 8.9T1® 9.15 9.85® 9.50 2. 9.25® 9.40 9.00® 9.1 9.40® 9.50 j 3. 9.40® 9.65 9.15® 9.25 9.65® 9.75 Swine prices ruled steady to weak in I trade on the local live stock exchange | today, with fresh receipts around 4,000, 1 close to 500 held over from the market j of the previous day and the demand by ! both local packers and shippers wUh I Eastern house connections rather glow x Trade was extremely slow during the ; first hour, but there was some little f tetter tone afterwards. Reports that ight swine were higher in Chicago | stimulated trade somewhat. Receipts of cattle were extremely light 1 and speculators were about the only active buyers. There were close to 100 j cattle on the market and the quality was only fair. Prices ruled about steady. Due to light receipts and several urgent orders held by shippers from Eastern cities, veal priees were s(k-(SJSI higher on the quality of stuff offered. Receipts of calves for the day ran close to 150, and the quality was poor. There was a top of sl4 on what sold for choice veals, while there was an extreme top of $14.50. There were only about 150 sheep and lambs on the market, and with the demand good and the quality fair, sheep values ruled steady and lamb priees strong to 30c higher in a few instances. HOGS. ibs average $ 9.65® 9.73 Over 318) ll.s 9 00© 9.15 ! 150 to soo lbs .* 9.10© 9.75 150 to 300 Ibs 9.15® 9.75 Sows 6.76® 7.73 Stags 6,- r si 7.25 Best pigs, under 140 lbs 9.50® 975 Bulk of sales 9.15® 9.50 Top 9.75 -CattlePrime corn-fed steer® 1,300 to 1,800 lbs 6.75® 6.85 Good to choice steers, 1.200 ! to 1,300 1b5...... 6.25® 6-75 Good to choice steers, 1,100 to 1,2u0 lbs 5.75® 6.23 Good to choice steers, 1,000 to 1,100 lbs 6.50® 5.73 Common to medium steers, 800 to 1,000 lbs 5.25® 5.50 —Cows and Heifers— Good to choice heifers 6.50® S.OO Medium heifers 5.00® 6.50 Common to. medium heifers. 4.50@ 500 Good to choice cows 3.75® 5.75 l air to medium cows 2.25® 3.50 Cutters 2.25® 4.25 j C&nners 1.50® 2.23 —Bulls— Good to choice butcher bulls.. 4*o® 5.00 Bologna bulls 3.00® 3.75 ; Light bologna bulls 2.50® 2.75 Light to common bulls 2.00# 2.50 Calves— I Choice veals 13.00@14 00 t Good veals 11.00®12.50 Medium *eals - K.oo# -W I Lightweight veals ) 7.51® 800 j Common to heavyweight veals 6.50® 7.00 —Stockers and Feeders 1 Good to choice steers under sou tbs 4.75® 3.50 | Medium cows 2.50® 4.00 1 Good cows 3.75® 4.50 'Good heifers 5.00® 8.50 Medium to good heifers 4 00® 4.75 Milkers 37.00®75.00 —Sheep ami Lan.be— Ewes 150® 5.0 t) Bu ks 2.50® 3.50 Good to choice lambs *... [email protected] I Seconds 7.50® 9.00 Bu- k lambs 7.00® S.o<> i Cuils 3.000® 6.00

Other Livestock

CHICAGO, Feb. 4 Hogs— Receipts, 4.); market, active and steady to 10# j 15c higher; lights. 10® I'm higher; other grades, about steady ; bulk of sales. $8.85 '11'. 4 25; !'>!>. sl*7o; heavies. $8 Ss®9; meI diums, $8.95®9.50. lights, $9 40®9.65; | light lights. $9 35#9 85; heavy pairing sows, smu.h. sß#.sso; packing sows, rough, $7.75®8.10; pigs, s9® 9.60 Cattle— R-celpts. 500; market, generally steady. Sheep and lambs—Receipts, 3.500; market, steady generally. CINCINNATI, Feb. 4 -Hogs—Receipts, 2.500; market, 25c heavies, I $9.23®9.75; mixed, $9,754/10; mediums, $10; lights and pigs. slo® 10.25; roughs, i $7.50; stags. $5. Cattle—Receipts. 200; j market, steady; bulls, steady; calves, sl3. | Sheep ad Lambs— Receipts, none; market, nominil. f’ITTSBUKGH, Feb. 3.—Hogs—Receipts, 1,500; market, 50 cents lower; prime heavies, $9.50®9.60; mediums, $lO 40 i®10.50; heavy yorkqgs. $10.40® 10.50; light I yorkers, $10.40® 10.30 ; pigs, $lO 40® 10.50 ; I roughs, $7®7.40; stags $54/5.25: heavy ! mixed, $9.75@10. Cattle —Receipts, 50; i market, steady. Calves—Receipts, light; ! market, 50 cents lower; veal calves, sl3; ! heavy and thin calves, $4.50#8.50. Sheep | and . lambs—Receipts, 1.200; market, , steady ; prime wethers [email protected]; good 'mixed. $7.55® 8.05; fair mixed. $6.10# 7.10; culls and commons, [email protected]; I choice lambs, $14.35. EAST ST LOUIS, Feb 3.—Hogs—Receipts, 10.500; market, slow and steady; mixed and butchers. [email protected]: good j heavies, SS.9o </9.i5; roughs. $6.75#7.25; lights. $9.40®9.50; pigs. $9(39.40; bulk of 'sales. $9.15(09 40. Cattle—Receipts, 1.000; market, steady; native beef steers. $7.25® 9; yearling steers and heifers, $7®7.R5; cows. $3 25®5.75; Blockers and feeder*. $3,754/6.50; calves. s7# 11.50; eanners and 1 cutters. $2.50#3.25. Sheep and Lambs— Receipts. 200; market, steady; mutton Vwes, $64(0 50; good to choice lambs, s9# ! 13.85; eanners and choppers, s3#4. ! CLEVELAND,- Feb. B.—Hogs—Receipts '2.500; market. 15 to 25 cents higher; yorkers, $10: mixed. $9 754/9 90; mediums, $9.50; pigs, $10; roughs. $7; stags, $5. Cattle—Receipts. 350, market. 15 to 25 cents lower. Sheep and Lambs—Receipts. 1,000; market, steady; top. sl4. Calves— Receipts. 200; market, steady; top. sl4. EAST BUFFALO. Feb. 3 Hogs -Receipts, 4.800: market, active; vorkers. slo# 10.25; pigs, $lO4/10.25; mixed. $9.50# 10; heavies, $94/9.50; roughs, $7.25®7.50: ! i stags, $3.50(</4.50. Cattle—Receipts. 250; j market, steady; shipping steers, $7.25# 18.25; butcher grades. $7,254(8; heifers. $7 #7.50; cows. $2.25# 6; bulls. $3,254(5.25: I fc-ders. $54(6; milk cows and springers. . $25. Calves—Receipts, 1.200; market | slow; cull to choice, s6#ls. Sheep and lambs—Receipts, 6,600; market, active; goo dto choice lambs, sl3 254(14.26; cull to fair. *7 504/13.30; yearlings, sß#l2; sheep, $34(8.00. CHICAGO PRODUCE. CHICAGO, Feb. 4.—Butter—Receipts, 5.200 tubs; creamery extras. 37c; firsts, 30#30e; packing stock, 15# 17c. Eggs— Receipts. 11.000 eases; current receipts, 35#38e; ordinary firsts. 81#83e; firsts, 36#36%c; checks. 20#27c; dirties, 29® 30c. Cheese—Twin's, new, 20®20%c, daisies, 20#20%c; young Americas, 20# 20%c; longhorns. 20%4?21c: bricks. 15%e. Live poultry —Turkeys. 35c: chickens. 24c; springs. 25c; roosters, 18c; geese. 18c: dueks, 28c. Potatoes —Receipts. 85 cars: Wisconsin round whites, $1.75# 2.10 per 150-lb bag, Minnesotas, $1.65# ISO; Red Rivers, $1.85. WHOLESALE BEEF PRICES. The following are today’s wholesale prices for beef cuts as sold on the Indianapolis markets of Swift & Company: Ribs—No. 2,22 c; No. 3, 15. Loins —No. 2. :25c: No. 3,18 c. Rounds —No. 2,14 c; No. 3.12 c. Chucks—No. 2. 9c; • No. 3,8 c Plates —No. 2,8 c; No. 3.7 c. TOLEDO SEED PRICES. TOLEDO, Feb. 3.—Cloverseed—Cash, $13.40; February, $13.40: March. $14.40; April, $13.20. Alsike—Cash, $12.15; February, $12.15; March, $12.25. Timothy— Cash, $3.30; February, $3.30 asked; March, $3.35 bid; May, $3.40. CLEVELAND PRODUCE. CLEVELAND, Feb. 4—Butter—Extra, In tubs, 43#43%c; prints, 44#44%c; extra firsts, 424?42’.jc: firsts, 41#41%c: onds, 354/36c; parking stork, , lC@lßr, Eggs—Fresh gathered, northern extras, 40c: extra firsts. 39c; Ohio firsts, new cases, 3S%c; old cases, 37c; western firsts, new cases, 37%c. Poultry—Live heavy fowls, 27#28c; spring culls, 18@?0c' spring ducks, 2S#3oc; turkeys, 32®35q

GRAIN MARKET TONE IRREGULAR Corn Values Advance, Due Principally to Light Receipts. CHICAGO, Feb. 4. —Grain prices fluctuated irregularly on the Chicago Board of Trade today. Wheat was firm at the opening on a fairly heavy demand. Corn prices advanced. due to light receipts. Provisions were irregular. May wheat opened at $1.25, off %c, closing up %c. July wheat opened off %c at $1.08% and closed off %o. May corn opened off %c at 55%c and closed up lc. July corn opened off %e at 57%c, closing up l%c. May oats opened up %e at 39%c and closed unchanged. July oats opened unchanged at 40%c, closing off %c. (By Thompson A McKinnon) —Feb. 3 Wheat—Because of the considerable advances In the price throughout the week, it has been quite popular to expect some reactions in prices but none have developed, the demand from the seaboard be'ng insistent. Liverpool and Buenos Aires, particularly the latter, maintain their previous strength. English markets are not likely to show any sustained weakness as stocks are very small and the Continent is absorbing a goodly portion of the weekly shipments. As yet, the domestic milling trade has not awakened to the-situat ion, trade being only fair. It seems inevitable that demand from this source must improve as the protracted period of dullness among millers spells a depletion of flour stocks In distributing hands. New export business, as reported by the seaboard is again emalk but foreigners are showing more interest in rye. This, we believe, is significant as indicating large requirements of food stuffs. Rye at over 30 cents discount, ought to prove attractive to (he buyer. Reactions in wheat are not likely to be important. Corn and Oats —The strong position in wheat and the action of the market has induced a little more interest in corn, but oats are still neglected. So far as we can discover, the advancing tendency in prices is restricting the country offerings instead of increasing them as heretofore. Based upon private estimates of farm reserves of oats, ii Is deduced that there will be an actual shortage prior to the new crop. This being so, we may assume that there will be a still greater farm use for corn. Provisions —The statement of wareI house accumulations of bog products at Western points parallels the situation in Chicago and typifies the excellent shipping demand for hugs. Nothing haa developed so far to create belief In any particular recession in prices. CHICAGO GRAIN TABLE. —Feb. 3 WHEAT— Open. High- Low. Close. May 1.23% 1.26% 1-2® L2A.> July 1.08 1.09% 1-00'-s 1-09-.* May '—** July 50% -37% -40% - 5 * * (j IT vl May.... .39% .39% .39% -39% July -40% -<O% -49)* - 40 ”* PORK—k'ilay !T.. 10 6-1 10.70 10.52 10 62 July.... 10.50 10.90 10.80 10.85 R IdayT... 9.80 10.07 9.80 10.05 July 1005 10.17 10.00 10.1. U iu7.... .91% -92% -0% July 80's -82 -80% - 8 - •Nominal. CHICAGO CASH GRAIN. CHICAGO, Feb. 3.—Wheat—No. 3 red, $1.29; No- 4 red, $1.21%® 1-1%. • mixed $117®1.19%: No. 0 norther,. . dirk. $1.37; No. 4 northern spring •lai?' $1.35. Corn —>•<>._- mixed, *”j. 50c; ’.No. 2 white, - • J'* low. 49%®50%c; No 3 mixed. to%®v- .. No. 3 white, No. 3 jef l * 48 1 -,®4U%c; No. 4 mixed. 46%®4.%c, Nu. 4 white 47®47%c; No. 4 yeliow, 47®48-_. Oats —No. 2 white, 57f(i3>'%c, No. 3 wnitc. 31 ■-.,®36c ; No. 4 white. 33?i®34%c. TOLEDO GRAIN PRICES. TOI FDO Feb. 3. —Wheat —Cash. $1.32 #1.34.' May. $137%; July. SXI3%. Cura —Cash, 55®56e. Oats—cash 39%®41fcc. e-Cash, 90c. Barley—cash. *>sc.

PRIMARY MARKETS. (By Thomson at McKinnon) * ’ —Feb. 3 —Receipts— Wheat Cora Oats Ist. Joseph .. 23,000 42,000 ....... \ Chicago 52.000 L 374.000 261.000 Milwaukee 0,000 155.0-i> 52.0U0 Minueapolia .. 141.000 52.U00 W.o"d i liuluth 36,000 76.000 8.00 | S t Louis .... 73,000 183,000 102.tk i Toledo 15.000 33.000 tt.ouo Detroit 2,000 5,000 4.000 Kansas City .. 252.000 86.000 31.000 Peoria 1.000 167.000 40,000 Oraana 56,000 100,000 54 .'JO Indianapolis .. 4.000 454.000 40.0ih Totals 691.000 2,498.000 087.000 Year ago .. 832,000 954,000 419,00 U —Shipments— Wheat Corn Oats St. Joseph 2,000 3.0 U) Chicago 41.000 609.000 153.000 Milwauh u 39.000 48.0-’U Minneapolis .. 114,000 47,000 93.00-1 Duluth 2,000 ....... St. Louis 103.0U0 136.000 86.000 Toledo 1,000 24,0.00 4,000 Detroit 6,000 Kansas City .. 194.000 29.000 14,000 Peoria 7,000 193.000 57.000 Omaha 52,000 130.000 34,000 Indianapolis .. 1,000 48.004 Totals 517.000 1,254.000 489,000 Year ago . .1.023.000 422.000 422.000 Wheat Corn Oats New York 43.000 ' New Orleans 99,000 Totals 142.000 Year ago ... 854.000 205,0qp 10,000 INDIANAPOLIS CASH GRAIN. * —Feb. 3—■ Bids for car lots of grain w>d hay at the cal] of the Indianapolis Board of Trade were: _ Wheat —S'rong: N >. 2 red. ?1 30@1 "2 Corn —Strong; No 3 white. 51@51 ! a -' No. 4 white, 50(5 50*^0 : No. 3 yellow. 50 @slc: No. 4 yellow. 49%@50r; No. 3 mixed, 50@51c; No. 4 mixed. 49@50 ■ Oats—Strong; No. 2 white. 38%@40>-: No. 8 white, 36'-i(ji37tao. Hay—Weak; No. 1 timothy. s!7<gl7 30 No. 2 timothy. $1650@17; No. 1 light <d ver mixed, siik§!l6.so; No. 1 clover, $18.30 @19.50. —inspections— Wheat —No. 3 red, 2 cars; No. 4 red. 1 car: total. 3 cars. Corn—No. 2 whit.e 2 cars; No. 3 white. 26 cars; No. 4 waite. 10 cars; No 5 white. 6 cabs; No. 6 wh'te, 6 cars; No 2 yellow. 6 cars; No. 3 ye’low. 7 cars: No. 4 ve! low. 27 cars; No. 5 yellow. 18 cars; No 6 yeflow, 11 cars; sample yellow, 1 car No. 2 mixed. 1 car: No. 3 mixed. 6 cars No. 4 mixed. 5 cars; No. 6 mixed, 1 car; total. 133 cars Oats—No. 2 white, 5 cars; No. 3 white. 21 cars: No. 4 white. 2 cars: No. 1 mixed. 1 car; total, 29 cars. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today were paying $1.17 per tiusbel for No t red wigter wheat; 5115 for No. 1 red winter and according to teat tor No 3 red winter. Oats were quoted at 27c par bushel for No. 3 white or better. FLOUR AND MEAL. E-Z-Bake bakers' flour in 98-lb. cotton bags $1.40 Corn meal In 100-lb. cotton bags.... 1.40 Os the tobacco stocks. United Retail Stores has been the most consistent in its action recently, li is understood that anew poli y lias been inaugurated in the handling of the market for this stock, and that the erratic fluctuations which formerly characterized It are a thing of the past. The stock has been advancing slowly tut steadily, and among totobacco interests is favored over tobacco products. The selling price of this latter stock is believed to fairly represent its present value. Chandler Motors easily was the leader of the motor group. It is understood that a bear clique began selling this atock around 48. and still Is fighting the ad 'vance. Buying was reported as largely for the account of interests identified with the company. Reports filtering in from Chicago indicate that sales there have been greater than those of the New Y'ork show, where the largest nuinler of ears ever sold at any display found purchasers.

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