Indianapolis Times, Volume 34, Number 253, Indianapolis, Marion County, 3 March 1922 — Page 18
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OFFERINGS ON MARKET MEET FIRM DEMAND Industrials Active, Followed by Rails, Equipments and Oils. PROFIT - TAKING LESS Special to Indiana Dally Times and Philadelphia Public Ledger. By MONITOR. NEW TORK, March 3—Trading in the stock market disclosed a distinctly firm undertone, with an excellent demand for the great majority of issues at prerailing prices. There was nothing spectacular in the day’s movements, but a continued steady absorption of such offerings as came to market. Strength was manifest in recent speculative favorites, and spread to the sugar stocks, which for some days have been relatively inactive.' Profit taking was in evidence, but on a greatly reduced scale. While the industrials were the most active, the rails, equipments and oils also were in demand. In the last hour the steel stocks became actively strong. Closing quotations were at of near the best of the day. Money was somewhat easier, the foreign exchanges inclined to heaviness; the grain markets strong and the cotton market firm, with only nominal changes. The revival of the soldiers’ “bonus" was not taken seriously by the finan ial community. It is felt that any plan which may be devised by the House Ways and Means Committee will have opposition when presented to the House for ratification. The passing of the Government guaranty return on capital and property valuation of the railroad hardly was a factor In the day's transactions. More attention was paid to suggestions that the constitutionality of the transportation act requiring railroad companLEGAL NOTICES. ~ KOTICE OF HEARING ON RESOLUTION. To Whom It May Concern: Notice is hereby given by the boara of park commissioners of the city ot Indians apoiU that by lta acquisition resolution No. 3. 1922, It has determined to acquire the following described real estate lc the city of Indianapolis, Marion County, Indiana: Beginning at the intersection of the center line of Water street and Crescent street In the subdivision of Golden Hill as recorded In plat book No. 17. pages 90 and 91 In the recorder's office of Marlon County, State of Indiana: thence westwardly along the center line of Water street to the intersection of the center line of Water street with the center line of the first alley west of Barnes avenue In the aforesaid subdivision of Golden Hill; thence northerly along the center line of the aforesaid alley to a point In the center of the first alley south of Pickwick Place In the aforesaid subdivision of Golden Hill; thence westwardly along tlw center line of the first alley south of Pickwick Place to a point In the center of Elmira street: thence northerly along the center line of Elmira street to the intersection of the center line of Elmira street with the center line of Golden Hill Drive; thence westwardly along the center line of Golden Hill Drive to the intersection of the west line of lot No. 17S extended south In the aforesaid Golden Hiil subdivision with the center line of Golden Hill Drive; thence north along the west line of the aforesaid lot No. ITS and the same line extended south to the northwest corner of the aforesaid lot No. 178; thence eastwardly along the north line of the aforesaid lot. No. 178. to the point of Intersection of the north line of the aforesaid lot No. 178 with the center line of the first alley east of East Riverside parkway as recorded in the aforesaid plat book No. 17. pages 90 and 91; thence north a’.ong the center line of the aforesaid alley to a point in the north line of the aforesaid subdivision of Golden Hill; thence east along the north line of the aforesaid subdivision of Golden Hill to a point in the west right of way line of the Indianapolis A Northwestern Traction Cos.; thence southeastwardly along the west line of the Indianapolis & Northwestern Traction Company's right of way line and the east lines of lots Nos. 169, 151 and 150 In Golden Hill subdivision and the same line extended southeastwardly to a point in the center line of Crescent street; thence southerly along the center line of Crescent street to place of beginning, together with all the streets and alleys Included within said boundaries. That said real estate so to be acquired is to be used for park purposes of the city of Indianapolis. By said resolution It Is provided that Thursday, March 16. 1922, at 3 o'clock p. m„ at the . dice of said board. In the city hail In said city, will be the time and place when final action will be taken confirming, modifying or rescinding said resolution. and when It will receive and hear .-emonstrances from persons Interested In or affected by such proceedings, and when it will determine the public utility and benefit thereof. CHARLES A. BOOKWALTER, FRED CLINE. ALBERT M. MAGUIRE, SARAH E. SHANK, Board of Park Commissioners of the City of Indianapolis.
NOTICE OF SALE uF SCHOOL IMPROVEMENT BONDS. Notice is hereby given that sealed proposals will be received at the office of the trustee of township schools at the town of Vernon. Jennings County, Indiana, on or before 1 o'clock p. m.. Tuesday, April 18, 1921. for the purchase of $32,000 par value of school Improvement bonds of the school township of Vernon, Jennings County. Indiana. Said bonds are issued and will be sold pursuant to a resolution duly adopted by the advisory board of the school township of Vernon, Jennings County. Indiana, at a special meeting of said board, held on Feb. 28. 1922, and the proceeds therefrom will be used in the construction of anew school building to be known as the Vernon Township high school. In the town of Vernon. Indiana, and the equipment of said building for school purposes. Said bonds will be dated March 1, 1923, and will consist of fifty bonds of the par value of S6OO each, and four bonds of the par value of S3OO each, aggregating $32,000 par value. Said bonds will be dated March 1, 1922. years from the date thereof, at the First National Bank. Vernon. Indiana, and as follows: The first four bonds payable Jan. 1. 1923: two bonds each six months thereafter until all are paid, the last payment to be made Jan. 1, 1937. and will bear Interest at the rare of six per cent (6%) per annum, payable semi-annually on the first days of January and July of each year, beginning Jan. 1. 1923. respectively, as evidenced by Interest coupons attached to said bonds. StJld bonds will be issued In the name of the said school township of Veraon, Jennings County, Indiana, and signed by the trustee and advisory board of the said school township. AU bidders will be required to state in their said proposals ths gross amount they will pay for said bonds, with interest accrued to date of delivery. AU bidders will be required to inclose their proposals in sealed envelopes, which shall have indorsed thereon the nature of the bid and the name ar,d address of the bidder. A certified check for 2ft per cent of the amount of bonds bid for, payable to the •XYer of the school township of Vernon, •Innings County. Indiana, must accompany each bid. This check will Insure to the benefit of the school township of Vernon. Jennings County, Indiana, upon failure of the bidder to comply with the provisions of his bid. or to take and pay for the bonds at the amount hid. Said proposals will be opened at 1 o'clock p. m., Tuesday. April IS. 1922, at a public meeting of the trustee and advisory board of said township. Said bonds will be sold to the highest and best bidder for not less than the par value thereof, ard said trustee and advisory board shall have the right to reject any and all bids. Said bonds shall not be delivered until the money therefor Is paid to the trustee of said township, and the Interest shall begin to accrue from the date of the issue of such bonds. The proceeds from the sale of such bonds shall be paid to the trustee of the satd school township of Vernon. Jennings County. Indiana, and shall be kept by -ilm in a separate fund and applied only to the purposes for which such bonds are sold. Dated at Vernon, Indiana, this Ist day of March, 1922. SCHOOL TOWNSHIP OF VERNON. JENNINGS COUNTY. INDIANA. By CLARENCE E. DAWSON. Trustee. W. T. SEMON. Attorney, Vernon. Indiana. NOTICE OF APPOINTMENT. Notice Is hereby given, that the underigned has duly qualified as administrator of estate of George Potter, deceased.'late of Marlon County, Indiana. Said estate Is supposed to be solvent. Ka 1996 C. EVANDER POTTER.
le* to return to the Government one-half of the excesses earned above 6 per cent would be tested. The discussion of such action was academic and probably without direct influence on the trading. The decline in the foreign exchanges was due largely to the political situation in England, involving the tenure of the Lloyd George coalition ministry. Should the present Government fall prior to the Genoa conference, it would be something of which our security markets must take cognizance. Such a possibility probably was reflected to a limited extent in operations, although it was shown rather In ahstension in new commitments than in selling of present holdings. Passing of the dividend on Sloss-Shef-field Iron and Steel preferred was responsible for a six-point decline An that stock on only a few transactions. It was without effect upon the other steel stocks, all of which were strong reflecting the more’optimistic tone of the weekly reviews. In the final, analysis, the small supply of stock and the lack of outside public participation are the strong points in the present stock market situation. Call loans again renewed fit 4% per cent, with the rate later declining to 4 per cent. Some six months loans were reported to have been negotiated at 4% per cent. With the first of the month interest payments out of the way, bankers see no indication of higher money rales in the immediate future. —Copyright, 1922, by Public Ledger Company. WALL street GOSSIP, BY MONITOR. For the first time in some months buying of an excellent quality was reported in Atlantic Gulf and West Indies. Firms who were buyers say the company has $2 cash on hand for every dollar of notes coming due. The maturities due this spring will be met easily and there is only a trifling amount of indebtedness which falls due late in the year. Fixed charges are being earned one and a half times, it is said, and while its oil investment eventually will have to be written off, this end of the company's business is paying its own way and there are said to be indications that it presently will prove profitable. The committee on business conduct of the New York Stock Exchange notified ail members of the exchange to report all of their transactions in round lots ic Bums Brothers’ A and B stock. The notices caused considerable comment. Kirby Petroleum Company announced that it has purchased the Thompson well in the Mexia field, which is flowing 5,000 barrels daily.
N. Y. Stock Exchange
(By Thomson & McKinnon) —March 2 Advance-R. com. 1414 13% 14ft •••• Ajax Rubber... 15ft 15ft 15ft 15ft Allied Chem. . 57ft 57ft 57ft 5/ft ARis-Chaimers. 46 45ft 4*i 40 Am. Beet S. ... 37% 37ft 37ft 37 Am. B. M 38ft 38 38ft 38ft Am. Can 41st 39ft 41st 40 , Am. Car & F. .151 101 151 149 ft Am. Ice 99ft 98ft 98ft 98 A. H. &L. pfd. 89% 69 ft 09% 69% Am. Inter. Corp. 44% 44ft 44ft 44V* Am. LocomoUve.no 108% loUts 1 9 Am. Steel F. .. 33ft 31% 33ft 31 Am. S. & Kef.. 47% 47 47 47 Am. Sugar R.. 72ft 09 72ft 69 Am. S. X. Cos. . 28ft 27ft 28% 27ft Am. Tel. & Tel.ll9ft 119% 119% 119 ft Ain. Tobacco . .139% 137% 139% 159% Am. W001en.... 85rft 85ft 85ft 85% Anaconda 48 - 8 48ft 48% 4Sft ! Atchison 97 96ft 97 96ft I AU. Gulf & W.I. 25% 23ft 25ft 25ft ; Baldwin Loco.. 107% 105% luo% 106 ft j B. <5: 0 37ft 37% 37ft 37ft ) Beth. Steel (B). 04% 63 64% 63 j llrk. Kap. Trans 10ft 9% 9% 10ft ! Cali. Pete 51st 51st 51st 51 Can. Pac. Ry... 136 ft 135 ft 136 ft 156 Cent. Leather. „ 34% 33% 34ft 33ft Chandler Motor 74ft 71% 74ft 74ft C. & 0 60ft 59 60 59 CM. & St. P.com 23ft 22% 23ft 23 C.M. it SLF.pfd. 37 36 37 36ft Chi. & N. W... 68 67ft 68 67% C., R. I. & P... 40% 39% 40ft 39% C.R.lArP.ecVpfd.. 79% 78% 79% C.R.l.&P.7'r r pfd> 91st 01 91st 92 Chill Copper.... 16ft 16% 16% 16% Columbia Gas.. 77% 76ft 70 77 Coca Cola 45ft 45ft 45ft 44ft CoL Fuel A Iron 25% 25V* 25% 26 Cons. Ga3 7-% 97 97 96 Continental Can 56ft 55% 56ft 55% Cora Prod. .. 102 ft 102 ft 102 ft 101% Crueible Steel .. 57ft 55V* 56% 56 Cuban Am. Sug 21% 19% 21 19ft j Cuban Sugar .. loft 10ft 10% Oft Del. and Hud . 110 ft 110% 110 ft 111 ft Del. and Lack. 115 114 ft 115 114V* Dome Mines .... 25 24 % 24% 25 Erie 10ft lo£ 10% 10ft Erie Ist pfd. .. 17ft 17% 17% 17ft Endicott and J. 80ft 80% 80--, 81 Famous Ply'rs. 82% 81% 82ft 81st Fisk Rub 13% 13ft 13ft 13% Gen. Asphalt .. 63ft 63 63ft 62% General Cigars.. 67ft 67 67 Gen. Electric... 153% 152% 152% 153 Gen. Motors.... 8% 8% 8% Bft Goodrich 37ft 37% 37% 38 Gt. North, pfd.. 75ft 75ft 75% 75% Gr. North. Ore.. 35 35 35 33 Gulf Sts. 0i1.... 73% 70ft 73% 70ft Hupp 14ft 14ft 14ft 14% Houston 0i1.... 76 75ft 76 75ft Inspir. Copper.. 38ft 38ft 38ft .'lßft lat. Harvester. 91 90ft 91 * 90% Inter. Nickel... 12% 11% 12% 11% Inter. Paper.... 48ft 48 48ft 48% Invincible Oil.. 17ft 17 17ft J. 7 K. C. Southern. 25ft 25ft 25% 25ft Kelly-Spg. Tire. 41% 40% 41 ft 41 Kennect. Copper 28ft 27% 28ft 27% Laeka. Steel.... 45ft 43ft 45ft 45ft Lee Tire & Rub. 29% 29ft 29ft 28% Lehigh Valley.. 59ft 59% 59% 59% Martin Parry.. 28 27ft 27ft 27% Loews, Inc. .... 13ft 13% 13% 13ft L. & N 113% 113% 113% 113% Marine pfd .... 71st 70% 71 71% May Stores 112 112 112 113% Maryland 0i1... 27ft 26ft 27 27% Mex. Pete 124% 122 124 ft 123 Miami Copper... 27ft 26% 27% 26% Mid. States Oil. 13ft 13 13ft 13ft Midvale Steel... 30ft 29% 29ft 29% Mo. Pac. Uy.... 23% 22 23 22 -Mo. Pac.Rv. pfd 55% 53ft 55% 53ft Mont. & Waid.. 15 14ft 14ft 15ft Nat. Lead 87 87 87 88V* Nev. Con. Cop.. 14 13% 14 14 N.Y. Airbrake. 64 64 64 62ft N. Y. Central... 79 77% 78% 77% New Haven... 17ft 16% 17 17ft Norf. A West... 99% 99ft 99ft 99% North. Pacific.. 79% 79ft 79% 79% Okl. Pro. A Ref. 2% 2ft 2ft 2% Owen Bot. com. 29ft 20ft 20% 29ft Pacific Oil 49 48ft 18% 48ft I’an-Am. Pete.. 56% 55% 56ft 55ft Penna. Ry 35ft 35ft 35ft 35ft People's Gas... 74ft 74% 74% E 5 l’ere Marquette. 26ft 26% 26% 26% Pierce-Arrow.. 17ft 15% 16ft 16ft Pierce Oil 7ft 7 7ft 7% Plmn. Pal. Car. 116% Haft 115% 115 ft Pure OH 34ft 33ft *4% 30ft ISy. Stl. Spgs... 97 97 97 Reading 74% 73ft 74ft 74 Rep. Im. & Stl. 48% 47% 48% 47% Iteplogle Steel.. 30 29% 30 30ft RyL Itch. N. Y. 53ft 52% 53ft 53ft Sears-Roebuck.. 69 68ft 68% 69 Sinclair 23 22% 22ft 22% ST IA S W Ry. 28ft 28 28ft 27% Sou. Pac 84ft 84 84% 84% Sou. Ry 21 20% 21 21% Stand. Oil, Cal. 90% 90% 90% 90% Stand. Oil, N. J. 181% 180 181 180 STI.&SF. com.. 28ft 28% 28% 281/ Stewart Warner 34% 53ft 34 * 31 Stromberg 44ft 43% 44ft 45ft Studebnker ... 100% 98% 100 ft 99ft ’ Texas Gag 45% 45 45ft 15% Texas Coal-.... 27ft 26% 27ft 27 Texas Cos. 46 45 % 40 45% Texas Pac. .... 32% 31st 321 32 Tob. Prod 59 57ft 58 58ft Trans. Oil 9% 8% 9% Union Oil IS 17% ’/ft 18 Union Pacific ....132ft 130 ft 150% United Drug.... 62 Cl 61% 6.?% United Fruit ...141ft 141 141 139% U.S. R. Stores.. 44ft 43ft 44% 44ft U.S.C.Iron Pipe 29% 20’ 29 26 U.S Indus. Alco. 44> 43V. 44 44% l : . S. Ilut ber... 55% 57* ."S% 57% U. S. Steel 95 ft 9 I 9 *ft 91 U.S. Steel pfd ..116 J’ 1!0 115 ft Utah Copper — 63 0:% 62ft 62ft | Van. Steel 37ft 50 37 36 ' Wabash 7% 7% 7% 8 Wabash Ist pfd 24ft 23% 24ft 21% Wilson & C 0... 39% 39ft 39% 40 West. Union... 92% 92% 92% 92ft West'house elec 55% 55ft 55% 55% White Motors... 39 38% <l9 39 W-Overiand .... 5% 5V4 5% sft White Oil 9ft 9ft ‘.ft 9ft NEW YORK LIBERTY BONDS. —March 2 ‘T‘-ev. High. Low. Close. C ote. L. B. 3V-.8 97.00 97.00 97.00 97.00 J L. B. Ist 4s 97 20 92.02 97.20 L. B. 2d 4s 96.90 96 90 L. B. Ist 4fte.. 97 40 97.26 97.32 97.30 L. B 2d 4fts... • P7.lv 97.00 9714 97.04 L. B. 3d 4fts 98.18 98.10 98.18 ‘9BIO L. B. 4th 4fts.. 97.44 97 36 97.44 97.36 Victorv 3%s 100.00 100.00 I Victory 4%s 100.23 100214 100.23 100.26
STOCK MARKET TONE IS STRONG Leading Stocks in Good Demand in Early Trade. NEW YORK, March 3 —The stock market again showed a strong tone at the opening today, nearly all the leading issues being in good demand. Steel Common moved up % of a point lo 95% and Crucible showed 0 gain of 1% points at 58%. Transcontinental oil was a w r eak exception. falling Ift points to 7%. American Petroleum was also in supply, dropping ft of a point to 123 ft. Railroad shares were, fractionally higher. Rtudebaker advanced % of a point to 100% and United States Rubber rose % of a point to 59ft. (By Thomson & McKinnon) —March 2. Important speculative interests were apparently disposed to allow the stock market to take care of itself today. V. ith the exception to two instances, this policy was adopted. Volume of business decreased somewhat. Seale down buying of miscellaneous character was much in evidence. Clearly, the multitude wants to buy stocks, but commitments will probably be made at concessions from current levels. . . The news today was not Inspiring. There wore several items, however, that gave color to recent reports of betterment. Refined sugar prices were advanced by leading companies and the shares were buoyant. Copper stocks displayed firmness as a result of firmer metal prices and increased inquiry for both domestic and export consumers. Money rates were a shade lower and foreign exchange rates ruled steady. The bond market was firm. \ Chandler motors was a conspicuous figure. The stock was opened at a sharp advance, evidently for the purpose of intimidating the bears. After a brief resting spell the shorts became nervous and a spirited advance ensued. Aside from Chandler and perhaps one or two other specialties in a similar technical position, we are impressed with the advisability of taking profits on a majority of issues purchased at lower levels.' . The market has had a substantial advance from low levels prevailing four months ago; indeed it seems that tne rise fro jnthe low of the depression has been discounted, for the time at least, the improvement that has taken piao, in the general business and financial situation. TWENTY stocks average. Nfiw YORK, March 3.—Twenty industrial stocks averaged 86.03, up .70 per cent. Twenty active rails averaged 73.81, up .32 per cent. CLEARING HOUSE STATEMENT. NEW YORK, March 3.—Exchanges yeiterJav were $18,700,000 * balances, SBO,400,000: Federal lteescve Bank credit oalauces, $58,700,000.
Money and Exchange
Indianapolis bank clearings Thursday were $3,002,000; bank debits, $5,394,000. NEW YORK, March 3.—The foreign exchange market opened firm today, uviuand Sterling being %e higher at $1.43. Francs rose 3 centimes to 9.15 c-for cables and to 9.14%e for checks. Lire advanced 4 points to 5.35%e for cables and to 5.35 c for checks. Belgian fraucs wore up 3 cen-# times to 8.65 c for cables nnd to 8.64%e for checks. Marks lost 2 points to ,0039ftc. Guilder cables were 35.30 e; checks, 38.25 c. Sweden kronen cables were 26.40 e; checks, 26.35 c. MOTOR SECURITIES. (By Thomson & M<-Kinuon.) —March 3 —OpeningBid. Ask. Earl Motors 3 3ft Packard com 5% 6ft Packard pfd 63 64 Peerless .. 35 36 Continental Motors com 5% sft Continental Motors pfd 84 87 Hupp com 14ft 15 Hupp pfd 90 Reo Motor Car 18% 19 Elgin Motors 2ft 2% Grant Motors % % Ford of Canada 285 290 National Motors Ift 2ft Federal Truck 15ft 17 Paige Motors 13 14 Republic Truck 4ft 5 ACTIVE OIL STOCKS. (By Thomson A MrKinuon.) —March 3. —Opening— Bid Ask Anglo-American Oil 17% 17% Atlantic I,olios 8% 9% Bome-Scry inser 32b 34b Buckeye Pipe Line 90 92 Chcsebrough Mfg. Cons. ....185 195 Continental Oil. Colo 127 130 Cosden Oil and Gas 5 8 Crescent Pipe Line 32 34 Cumberland Pipe Line 140 150 Elk Basin Pete 6ft 6% Eureka Pipe Line 95 98 Galena-Signal Oil, Pref. lib 115 Galena-Signal Oil, Com 45 48 Illinois Pipe Line 174 * 177 Indiana Pine Line 92 05 Merritt Oil 8% 9 Midwest Oil 2% 3% Midwest ltfg 170 175 National Transit 28ft 29% New York Transit 155 PH) Northern Pipe Line 103 106 Ohio Oil 208 273 .Oklahoma P. A R sft 5% l’enn.-Mex 22 24 Prairie Oil ami Gas 545 555 Prairie Pipe Line 238 242 Sapulpa Refg 2% 3 Solar Refining 30b 380 Southern Pipe Line 92 94 South Pean Oil .’.175 185 Southwest Penn Pipe Lines.. 58 61 Standard Oil Cos. of Ind 87ft B.Bft Standard Oil Cos. of Kan 515 530 Standard oil Cos. of Kv 450 475 Standard Oil Cos. of Neb 165 175 Standard Oil Cos. of N. .T 365 370 Standard Oil Cos. of Ohio ....385 395 Swan & Finch 40 50 Vacuum Oil 335 340 Washington Oil 30 40
NEW YORK CURB MARKET. (By Thomson A McKinnon) —March £— —Closing— Bid. Ask. Acme Packing 25 35 Curtis Aero, com 4% 5 Curtis Aero, ptd 22 28 Goldfield C n 3 5 Jumbo Extension 2 5 internntior.il Petroleum 15 15% Nipissing 6ft 6% Standard Motois 3 4 Salt Creek 13ft 13% Tonopaty Extension 1% 1% Toniq ah Mining 1% 1% Un' et P S new 9 0-16 llt-10 U S. 1 iglit. and Heat 75 S5 I' S. Light and Heat pfd.... 95 100 3 right-Martin 2 5 ukoi: Gold Mine Cos 1 1-16 Ift Jerome 40 50 New Cornelia X. 17% 18 United Verde 27% 28 Sequoyah 3 10 Omar Oil 70 73 Rep. Tire 30 50 Boston A Mont 36 38 Kirby Oil y. 23% 23J£ CHICAGO STOCKS. (By Thomson & McKinnon.) —March 2 Open. High. Close. Close. A. Shipbuilding 57% 92 87 % 92 A. & Cos. pfd... 98 CCw: C IJys. pfd. 8% 8% 8% 8% C. E. Uys pfd. 4% .... Cudahy 68 Com. Edi50n....119% 119% 119% 119% Con. Motors ... sv* Deere & Cos. pfd. 71 72 71 72 Earl Motors ... 2% 32% 3 Libby-McNoill . 6% 7% 6% 7% Mont. Ward ... 15 Nat. Leather .. 2% Do new 10% 10% 10% 10% Pick &Cos 23% 23% 23 23 P. Wigglev “A” 34% 35% 34% 35% Stewart-War. .. 34 34% 33% 34ft Swift Inti 23 23 22% 22% Thomp. (J. R.) 42% 43 42% 43 Terntor Corn A. 3 Union C. &C. . 50% 50% 50% 50% Wahl 65% 09 65ft 68 Wrigley 102% yellow Taxi .. 67% 69 67% 68% NEW YORK METAL MARKET. hiEW YORK, March 3.—Coppe - Sfcldy; spot to April, 12%@12%c. Lead —Cuiet; snot to April offered, 4%e. Spdter—Firm : spot and Match, 4%@4%c; Ap. il, 4%@4%c.
INDIANA DAILY TIMES, FRIDAY, MARCH 3, 1922.
New York Bonds
(By Fletcher American Cos.) \—March 3 FOREIGN GOVERNMENT BONDS. Bid. Ask. Arg. (Unlisted) ss, Sept. 1, ’45 76% 77ft Arg. 7s, Oct. ’23 98% 98% Belgiu 6s, Jan. 1, ’25 101% 102 , Belgian 7%5, June 1, ’45....108 108% Belgian Bs. Feb. 1, ’4l 107 ft 108 Berne Bs, Nov. 1, ’45 11l 111 ft Brazil Bs, June 1, ’4l 104 ft 104% Chile Ss, Oct. 1. ’26, 100% 101V* Chile Bs, Feb. 1, ’4l 103% 104% Chile Bs, Nov. 1, ’46 103 103% Christiania Bs, Oct. 1, ’45...109 110 Copenhagen 5%5, July 1, ’44.. 90 90% Danish Mun. Ss, Feb. 1, '46... 108 ft 108% Denmark Bs, Oct. 15, ’45....108% 109 •Canadian 5%5, Dec. 1, ’£2... 97ft 98% •Canadian 5%5, Nov. 1, ’23. 97ft 98ft •Canadian 5%5, Nov. 1, ’24... 97 98 •Canadian 557 Dec. 1, ’25.... 95ft 96ft Canadian ss, Apr. Apr. 1, ’26.. 98ft 98% Canadian 5%5, Dec. 1, ’27.. 98% 99% Canadian o%s, Aug. 1, ’29... 99% 100 Canadian os, Apr. 1, ’31... 96% 97 •Canadian ss, Oct. 1, ’31... 95ft 96ft Canadian 5%5, Nov. 1, ’33..100 101 •Canadian 5%5, Nov. 1, ’34... 97ft 98ft Canadian os, Meh. 1, ’37... 97ft 98ft •Canadian 5%5, Dec. 1, ’37...102’* 103 ft •French (Viet.) os, 0pt.*’31... 67 08% •French 4s, Opt. ’4H 06ft '57 French 7%5, June ’4l 100 100 ft French Bs. Sept. 15, ’45.,... 103% 104 ft •Italian (War) os 41% 42% Jap (First! 4%5, Feb. 15, ’25 89 % 90 Jap (S.) 4%5, July 10, ’25... 89 89% Jap 4s, Jan. 1, ’3l 75ft 76 Me coos, Jan. '45 55 56 Mexico 43, Jan. ’54 43 44 Norway Ss, Oct. 1. '4O. 109% 110 Queensland 7s, Oct. 1, ’41...107 107% Rio de Janeiro Ss, Oct. ’46... 101 ft 101% Sao Paulo Bs, Jan. 1, ’,)) 101% 102% Swedish Cs, June 15, ’39.99 99% Swiss 5%5. Aug. 1, ’29 ,100% 100% Swiss Bs, July 1, ’4O 114% 115 U. K. 5%5, Nov. 1, 122 105% 105% U. K. 5%5, Aug. 1, ’29 105% 105% U. K. 5%5. Feb. 1, ’37 99% 100 Uruguay 8s Aug. 1, ’46 107 108 Zurich Ss. Oct. 15, ’45 111 ft 112 Bergen 8s 108% 109% Argentine 4s, A. & 0 59 60 Argentine 4s, J. & J 59 60 Dutch Indies 6%5, 94ft 94% Ontario Os, 1943, 104% 105% Seine 7s 92ft 92% CORPORATION BONDS. Bid. Ask. Allied Packers. 6s 69 71 Alum. Cos. of Am. 7s, Nov., ’25.101% 101% Ain. Cotton Oil 6s, Sept. 2, ’24. ©sft 95% Amer. Tel. 6s, Oct., ’22 100 100% Amer. Tel. ..s, Feb., ’24 100% 100% Amer. Tel. nnd Tel., 6s. ’25 ..111% 112% Atner. Tob 7s. Nov., ’22 ..,.101% 101% Amer. Thread 6s, Dee., ’28....100ft 100% Amer. Tob. 7s. Nov., ’23 102% 102% Anaconda 6s, Jan., "29 98 % 95% Anaconda 7s. Jnn., ’29 101% 102% Anglo-Atn. Oil*7fts, Apr., ’25.103% 104 Armour 7s, July 15, ’3O 103 103 ft Atchison Gen., 4s 87 87% Atlantic Kef. 6%5. Mch., ’31.. 103% 104% Bell Tel. of Can. 7s, Apr., ’25.101 101% Bell of Pa.. 7s 107% 108 Beth Steel 7s, July 15, *23....101ft l”i% Big Four. 6s 07% 98ft Can. Nor., 6%s 108% 109 ft Can. Nor., 7s 109% lioft Canadian Deb, 4s 78 78ft Can. Pacific Cs, Mch. 2, ’24... 100 100% C. R. Q. Gen.. 4s 87 88 C. B. Q. C B. Q. Neb., 4s 94% 95% C. B. Q. Jt.. 6%s 106% 106% C. G. and ‘Q .5s 96% 97ft Cent. Arg. Ry. 6s, Feb., "27.. 91 91% Cerro de Pasco Ss, Jan., ’3l. .111 111 1 * Chic, and N. W., 6%s 106% 107% Chic, and N. W„ 7s 106 ft 106% Col. Graph., 8s 38 40 Con. Gas 7s, Dec , ’22 101% 101% Copper Exp. Bs, Feb. 15, '23.. 101% 102% Copper Exp. Bs, Feb. 15, '24.. 102% 103 Copper Exp. Ss. Feb. 15, ’25.. 103% 101% Cuban Am. Sugar, Ss >r:% 104 ft Cudahy 7s. July 15, '23 100% lot' Diamond Match 7%s 108 loSft Dn Pont. 7%s 1..103% 104 Federal. ss. '4l 102% 103% Fed. Sugar 6s, Nov., ’2l 99 99% Fisk Tire, 8s 101 ft 102 Galena 7s ~...101% loi% Goodrich 7s, Apr., '25 98ft ©Bij Goodyear Ist, Bs. '4l 112% 113 ft Goodyear Deb. 8. ’3l 97% 9>ft Great Northern, 7s 107% lus% Grand Trunk, 6s 101% 101% Grand*Trunk, 6%s 104% 105%. Grand Trunk, 7s 108% 109% Great Northern, 5%5. 96% 96% Gulf Oil 6s, Julv. '23 100% 100-% Gulf Oil 7s. Feb.. ’33 103 ft 103% Heinz 7s, Dec.. ’3O. lOift 104% Hocking Yal. 6s. Mch. ’24 ... 98% 99% Humble Oil 7s. Mcb. 15, '23. .100 13-16 101 111. Cent. Ref.. 4s. .’55 84% S3 ft Int. R. T Bs. Sept., '22 80ft 81'* Inter. Met.. 4fts 14% 15% Interboro, 5s 63ft 63% K. C. Term. 6*. Nov. 15, ’23..100 100 ft K. C. Prt. and Lt., 8s 103% 104% Kelly - Springfield, 8s 103 ft 103% Kenn. Copper 7s. Fez., '30....102% 102% L. nnd N., 7s. '3O 1005; 107 ft Laclede Gas 7s. Jan., '29 95 % 96 Libby-McNell 7s, May, ’31.... 9ft ©9ft Mex. Pet., 8s 101st 101% Minn.. St. P. &S. S. M., Ofts. 101% 101% Morris 7%s 103% 103% Natl. Cloak & Suit 8s ini 1.01 % Natl. Leather Bs. Nov. 13, '25. ©7 97ft N. V. Central, 7s. ’3O 105% 106 ft N. V. Ti l R< f.. 6s. ’4l 102% 102% N. Y. Edison. 6%5. ’4l 106% 106% Nor. Pac. I’. L., 4s 84ft 85 Nor. Pas. G. L.. 3s 60 f.Oft Nor. Pac. 6s. .' 100% 10(1% Northwestern Bell, 7s 101st 107% Packard 8s 99% 100 Pan. Amer. Pet., 7s 96% 97ft Penn., 6fts 105% 100 ft Penn.. 7s 100 ft 107 ft Phillipine, 5%5. ’4l 106% 107 Protcor & G. 7s. Mch., ’23 101% 101% It. J. Reynolds 6s, Aug., ’22. .100% 101 St. L.-San Fran. I\ 1... 4s. .. 69ft 69% St. L.-San Fran. Adj, 6s 77% 78 St. I’. IT. D. 5%5, Dec. 15, ’23. . 99%, 100% Sears-Roebuck 7s, Oct. 15, '22.100 100 ft Scars-Roebnek 7s, Oct. 15, ’23. 99 99ft Seaboard Con., 0s 51 51st Sinclair 7%5, May 15, ’25... .lolft 101% Solvay & Cie Ss, Oct., ’27 102% 102% Southern Ry., 6%s 94% 94% S. W. Bell Tel. 7s, Apr., ’25.. 101% 102 Std. Oil (Cal.) 7s, Jan., ’3l. .105% 106 Sfd. Oli-fN. Y.) 7s. Jan.. ’2:5-'3I.KH 108% Std. Oil <N. Y.) Ofts, May, ’33.106% 106% Steel and Tube. 7s. 97% 98ft Swift Es. Oct. 15, ’25 101% 101st Swift 7s, Aug. 15, ’3l 103% 103 ft Texas Cos. 7s, Mch. 1, 1* 101'* 101% Tidewater Oil, 7s 103 ft 103% Union Tank Car, 7s 103V+ 103% U. S. Rubber, 7%s 103% lift Utah Sec. 6s, Sept. 15, ’22.... 99% 99% Vacuum Oil, 7s 107 107% Va. Car Chain., 7%s 91 91% Western El. 7s, April, '25....106ft 100 ft Western Union, 6M*s. .. 107% 108 ft Westiughouse 7s, May, '31....106% 106% Wilson. 7%s 96ft 97 Winchester, 7%s 90ft 96%
NEW YORK SUGARS. NEW YORK, March 3.—With trade ip. raw sugars were more active yesterdav than they have been for the past few davs prices were firm. Cubas were quoted at 3.79 c per pound, duty paid, and Porto Ricos aj 3.61 c per pouni, duty free, delivered. Refined sugars were steady, being in good export demand. Fine granulated was quoted at 5.10 c and No. 1 soft at 5® 5.10 c per pound. NEW YORK COFFEE. NEW YORK, March 3.—Coffee values were firm in trade on the exchange here today, opening options being 6 to 9 points higher. Rio No. 7, on spot, sold at B%@9c per pound. NEW YORK RICE. NEW YORK, March 3.—Rice prices were barely steady in trade on the slow market session today. Domestic rice sold at 3ft@7%c per pound. NEW YORK HIDES. NEW YORK. March 3.—Hides ruled about steady on the market here yesterdav. Native steer hides were quoted at 15%e and branded steer hides at 14%@15c per" pound. NEW YORK PETROLEUM. NEW YORK, March 3.—Petroleum were steady in £rade on the market here yesterday, Pennsylvania crude petroleum selling at $3.25 per barrel. NEW YORK WOOL. NEW YORK, March 3.—W00l prices ruled firm in trade on the market here yesterday. Trade was of a fair nature. NEW YORK TURPENTINE. NEW YORK, March 3.—Turpentine sold at 86c per gallon in trade on the market here yesterday, WHOLESALE BEEF PRICES. The following are today's wholesale prices for beef cuts as sold on the Indianapolis markets of Swift & Cos.: Ribs —No. 2,18 c: No. 3,15 c. Loins —No. 2, 22c: No. 3,20 c. Round—No. 2. 15c: No. 3,13 c. Chucks—No. 2,10 c; No. 3,9 c. Plates—No. 2,8 c; No. 3,7 c.
LAMB VALUES SHARPLY LOWER Swine Prices 25 to 35 Cents Higher-Cattle Strong. RANGE OX HOG PRICEB. Good Good Good Feb. Mixed. Heavy. Light. 23. $10.90 @ll.OO $10.70010.90 $11.00011.10 24. [email protected] 10.76011.00 11.25011.35 25. 11.00011.20 10.76011.00 11.25011.40 27. 11.00011.15 10.75011.00 11.25011.35 2.9. 11.35011.60 [email protected] 11.50011.60 .March 1. 11.16011.25 [email protected] 11.25011.35 2. 11.10011.25 10.90011.10 11.25011.35 3. [email protected] 11.25011.40 11.50011.76 Swine prices took another jump towards the sl2 mark in trade on the local livestock exchange today, advances of 25 to 35 cents being maintained aud a top of $1.75 being reached. Light receipts and higher price tendencies elsewhere, together with good demands by both packers aud shippers with Eastern house connections were the principal factors in higher prices. Receipts for the day ran close to 4,000 fresh and 500 holdovers, and with trade active, practically all of the receipts had been sold at a very early hour in the forenoon. The bulk of the receipts were light, light mixed and mediums and the bulk of the sales for the day were made at $11.40(1(111.60. Light swine brought $11.60 generally, while there was a top df $11.75 on one load of exceptionally fine lights. Light mixed brought $11.50#11.60 and mediums and heavies [email protected]. Cattle values ruled steady to strong, with receipts close to 700 toy the day, the quality about the same as usual and the demand by packers fair. Calves were steady, with the demand goou. the quality fair ami receipts approximately 000 for the day. The top of $12.50 ot' the market of the previous day was maintained, while the bulk of the good to choice veals brought $12(0:12.50. Sheep were steady and lambs sl@4 lower, with.receipts light at 300, the quality fair and the dejnand fair. Lack of competition was said to have been the principal cause of the sharp decline in lamb values, while it was also contended ilia the prices of lambs on this market have been out of line with the values of other markets. HOGS. ICO to ISO lbs average. ..#[email protected] Over 300 lbs [email protected] 150 to 300 lbs [email protected] Roughs 8.50@ 9.50 Best pigs, under 140 1b5..... [email protected] Stags 5.50® 7.00 Bulk of sales [email protected] —Cattle— .. Trime corn-fed steers, 1,200 to 1,800 lbs 7.23@ 8.25 Good to choice steers, 1,200 to 1,300 lbs 6.75@ 7.00 Good to choice steers, 1,100 to 1,200 lbs 6.25® G. 50 Good to choice steers, 1,000 to 1,100 lbs 5.75® 6.00 Common to medium steers, BUO to 1,000 lbs 5.00® 5.50 —Cows and Heifers— Good to choice heifers 7.00# 8 00 Medium heifers 6.00@ 7.00 Common to medium heifers.. 5.00@ 0.00 Good to choice cows 4.00@ 5.75 Fair to medium cows 2.50@ 4.00 Cutters 3.00® 4.75 Cauners 3.00@ 4.00 Bulls— Good to choice butcher bulls. 4.25® 5.50 Bulling:! bulls 3.73® 4 25 Light bologna bubs 3.00® 3.50 Light to common bulls . 2.50® 325 —Calve* ■ Choice veals [email protected] Good veals 10.50® 11 50 Medium veals 7.00® 0 00 Lightweight veals 6.00® 7 00 Common lo heavyweight veals 5.00® 600 —Stockers and Feeders— Good to choice steers under S'Hi lbs , 4.75® 550 Medium cows 2 50® 4.00 Good cows 3.75® 4.50 Good heifers 6.00® 6.50 Medium to good heifers 4.00@ 4.75 Milkers [email protected] —Bheep and Lambs— Ewes 2.00® 5.00 Bucks 2-50® 3.50 Good to choice lambs 8.00@1('.00 Seconds ....... 6.00® 7.00 Buck lambs . * 5 00® 6.00 Culls 3.00@ 5.00
Other Livestock
CHICAGO, March 2.—Hogs—Receipts. 22,ix; market slow and mostly s@loc higher; bulk of sales. sloßo® 11.15; top, $11.30; heavies. $ 10. SO# 11: mediums. $10.95® 11.20; lights, $11.10@1130; light lights, $10.50® U. 20; heuvy packing sows, smo >th, $9.75® 10.23; packing sows, rough, $9 50@UX>; pigs, $9.50@ 10.75. Cattle—Receipts, 9,000; market strong to higher. Beef steers—-Choice aud prime, s9ls@ 9.75; medium nnd good, [email protected]; good arid choice. $8.35®9 40; common and medium, [email protected]. Butcher cattle—Heifers, $4 75®8.15; cows. $4 [email protected]; bulls, s4@ 6.50; canners and cutters, $2.75@4 15: veal ■ alves, light and handy weight. $7.50#11; feeder steer*, [email protected]; Stocker steers. [email protected]; Stocker cows and heifers, $3.75 @5.50. Sheep nnd lambs—Receipts, 9,000; market slow and about steady; good to choice lambs. [email protected]; cull and common iambi, flO@l2 50; yearling wethers. $10.25® 14; g' od ewes, $5.50@9; cull nnd common ewes, [email protected]; feeder lambs, $11.50® 13.50. CINCINNATI. March 2—Hogs—Receipts, 3,200; market steady generally; heavies, $11#11.50; mixed, mediums and lights, $11.50; pigs, $10.25; roughs, $8.50; stags, $5.50. Cattle —Receipts, 800; market strong generally; bulls, steady; calves, $11.50. Sheep and lambs —Receipts, 800; market steady generally; ewes, $2 (i/7; bucks, $4.50; choice lambs, sl6; seconds, sl2; culls. s6®B. CLEVELAND, March 2.—Hogs—Receipts, 3,500: market steady; yorkers and mixed, $11.75; mediums. $11.50; pigs, $11; roughs. $4.75; stags, $6.25. Cattle—Receipts, 300; market steady. Sheep and lambs—Receipts, 1,000: market 25c lower; top. $15.50. Calves—Receipts, 350; market steady; top, $13.50. EAST BUFFALO. N. Y., March 2. Hogs—Receipts, 3.200; market slow; yorkers, $11.11.60; pigs, [email protected]; mixed, $11.50® 11.60; heavies, $11.25® 1L40; roughs. $9.25®9.50; stags, [email protected]. Cattle—Receipts, 100; market active; shipping steers, SS®B.6O; butcher grades. $7.50® $.50; heifers. [email protected]; cows. $2.25 ®0; bulls. $:;[email protected]; feeders, ss@6; milk cows and springers, $35@115. Calves —Receipts. 200; market slow; cull to choice, [email protected]. Sheep and lambs—Receipts. 800; market slow; choice lambs, [email protected]; cull to fair, sß® 14.75; yearlings. [email protected]; Sheep, [email protected]. EAST ST. LOUIS. March 2.—Hogs— Receipts, 9,000; market, 10 to 15 cents higher; mixed and butchers, [email protected]; good heavies, [email protected]; roughs, SSS!O (n 9.50; lights, $11.25® 11.40; pigs, slo.® 11.35; bills sales, $11.20(011.35. CattleReceipts, 2,500; market, active and steady; native beef steers. $7.50@9' yearling steers nnd heifers, s7®9 cows. $3.50 (H 6; Stockers and feeders. [email protected]; calves, [email protected]; canners and cutter's, $2.75® 3.50. Sheep and Lambs—Receipts, none; market, nominal; mutton owes, s7@B; good to choice lambs, [email protected]; canners aud choppers, s2@4. PITTSBURGH, March 2,—Hogs—Receipts, 2,000; market, 15 to 25 cents higher; mediums, [email protected]; heavy yorkers, [email protected]; light yorgers, [email protected]; pigs, $11.23@>11.50; roughs, [email protected]; stags, [email protected]. Cattle —Receipts, extremely light; market, slow steady. Calves —Receipts, light; market, steady; veal calves. $33; heavy and thin calves, ss,® 10. Sheep and Lambs—Receipts. 600: market, steady; prime wethers, s9® 9 50: good mixed, sßs>-i8.73; fair mixed, $6 [email protected]; culls and common, $2.50@4; choice lambs, sl6. INDIANAPOLIS PRODUCE. Eggs—Loss off, 18@19c. Butter—Packing stock, 13c. Poultry—Fowls, 10@22c; springs, 21@22c; cocks, 13@14e; stags, 13@14c; capons. 7 ibs and up.j>2Bc: capons, under 7 lbs, 25c: capon slips, 7 lbs and up, 24c; capon slips, under 7 lbs, 20@25c; young hen turks, 8 lbs and up, 35@40c; youug tom turks. 12 lbs and up, 35@40c; old tom turks, 300/32c; cull thin turkeys not wanted: ducks, 4 ibs and up, 15® 17c: geese, 10 lbs and up, 14c; squabs, 11 lbs doz, $4.50; young guineas, 2-lb size, per doz, [email protected]; old guineas, per doz, $3. , \ Butter-—Local dealers are paying 38@ ?9e per lb for butter delivered In Indianapolis. Butterfat—Local dealers are paying 36c per lb for butterfat, delivered in Indianapolis.
WHEATLEADS GRAIN ADV ANCE Higher Liverpool Prices Adds Strength to U. S. Marts. CHICAGO,March 3.—Wheat opened strong and in the lead of other grains today. The advance at Liverpool and reports of a more optimistic feeling in export circles forced shorts to cover. May wheat was l%@2c higher and July 2@2%c up. x Corn showed gains of %@lc for May and l@l%c for July. Oats opened %@ftc higher, with the market inclined to be featureless. Provisions showed firmness at the start. (By Thomson & McKinnon.) March 2 Wheat—Yesterday's reaction in prices uncovered a fairly liberal export trade in wheat. The seaboard estimated the business at 809,000 bushels yesterday and 500,000 bushels today, about half of it being domestic wheat. One Canadian market claims that the total business in Manitobas ' aggregates 1,500,000 bushels. Liverpool made some concessions early to our decline of yesterday, but more than recovered, closing firm at better sales than prevailed ' yesterday. Buenos Aires gave no indication of reaction. Lower grades of Winter wheat for Gulf shipment, heretofore a drag upon the market, are in better demand, it being reported that bids have advanced 3e to 4c within a week. Southwestern markets seen* mote inclined to sympathize with the s rength here, Minneapolis is independent, their May delivery now selling at Chicago prices as against a recently prevailing discount. Improved flour trade Is probably the reason. Qur late advices uncover the fact that itll available supplies of durum wheat at Northwestern terminals are under contract for shipment. This is simply one more evidence of the ability of foreigners to accept all offerings of wheat. To our way of thinking, the underlying situation is very strong. Corn and Oats—Leading cash interests are seen as sellers of oats to such an extent as market will accept, but this is not the case in corn, on the contrary, shippers and seaboard Interests are buy* ers at times. The market seems to have digested the liberal realizing sales recently encountered and is more responsive to the demand. Just at the moment, the foreign demand is being supplied by previous accumulations in the hands of shippers, but inasmuch as the export trade is constant and the offerings from first hands are distinctly limited in volume, it is only fair to assume that the terminal markets will again be favored with inquiries from exporters. We iitlieve the time has come when the value of corn for feeding purposes on the farms will soon influence the commercial trade as to improve the distributing demand. This market is worthy close attention of the Investor. Provisions —The situation in the provision list is unchanged. There seems to be a shortage in hogs, there is an actual shortage in warehouse accumulations of products while the cash trade both domestic and foreign is good. We see nothing to change the upward trend of prices.
CHICAGO CRAIN TABLE. —March 2 WHEAT— Open. High. Low. Close. May.... 1.43% 1.46 ft 1.42% 1.46 ft July..., 1.20% 1.22 ft 1.19% 1.22% CORN— May 66ft ,67 ft .65ft ,67ft July 68ft .69% .67% .69% OATS— May 41st .42ft ,41st ,42ft July 43ft .43% .42% .431. r<m k—•Mavl A 21.10 LARD— May.... 12.00 12.12 11.90 12.12 July.... 12.17 12.32 12.07 12.30 RIBS— May.... 11.40 11.52 11.40 11.52 •July 11.00 RYE— May.... .104 I.ooft 104 1.06% July 93% .95 ft .95% .95 ft •Nominal. CHICAGO GRAIN PRICES. CHICAGO, March 2.—Wheat—No. 5 red winter, $1.19%; No. 2 mixed. $1.36® 1.39; No. 2 hard winter, $1.40; No. .. hard winter, $1.30*4. Corn —No. 2 mixed, t;l@o2e; No. 2 white,, 61@02c; No. 2 yellow. 61@62c; No. 3 mixed, 59%@ 60%c; No. 3 white, 00c; No. 3 yellow, 59% f<roo%c; No. 4 mixed, 48ftc: No. 3 white, 60c; so. 3 yellow, 59%@60%t; No. 4 mixed, 48%e; No. 4 white, 58%@59t; No. 4 vellow, 58%@60c. Oats—No. 1 white. 41I ; u47s'; No. 2 white, 40%@42e; No. 3 white, 37ft®40c; No. 4 white, 3(ii@37%c TOLEDO GRAIN PRICES. TOLEDO, March 2—Wheat— Cash. sl‘ @148; Mar, $1.53%; July. $1.25. CornCash. G6@oTc. Oats-Cash, 43®45. Rye —Cash, SI.OB. Barley—Cash, 69c. PRIMARY MARKETS. (By Thomson & McKinnon.) March 2 Wheat. Com. Oats. St. Joseph.... 35.000 95,000 Chicago 46,000 576,000 144.000 Milwaukee ... 1,000 124,000 55,000 Minneapolis.. 346,(XX) 113.000 72,000 Duluth 17,000 80,000 St. Louis 72,000 91.000 1000,0"0 Toledo 11.000 13.1X10 2,000 Detroit 3,000 5,000 Kansas City... 150,000 83.000 22,000 Peoria 2,000 83,000 31.000 Omaha 30,900 151,000 14.000 Indianapolis... 4.600 71,000 60.000 Totals 717.000 1,485,000 500,000 Year ago.. 690,000 1,998,000 501,000 —Shipments— Wheat. Corn. Oats. St. Joseph.... 20,000 59,000 6,000 Chicago 71,(XX) 1,030,000 340,000 Milwaukee ... 3.IXX) 91,000 21,000 Minneapolis.... 7,000 47,000 72,000 Duluth 1,000 St. Louis 102.(XX) 96.000 102,000 Toledo 16,000 14.000 7,000 Detroit 1,000 6,000 Kansas City... 181,000 18.000 6,000 Peoria 11,000 104.000 41,000 Omaha 48,(X) 88,000 40,(XX) Indianapolis.. 1,000 38,000 14.000 Totals 528.000 1,597,000 649.000 Year ago... 425,000 995,000 452,000 —Clearances— Wheat. Corn. Oats. Philadelphia 78.000 New Orleans.. 296,000 # 266,000 Totals * 296,0(H) 344,000 Year ago... 423.000 531,000 INDIANAPOLIS CASH GRAIN. —March 2 Bids for car lots of grain and hay at the call of, the Indianapolis Board ot Trade were: Wheat—Firm; No. 2 red, [email protected]. Corn —Finn; No. 3 white, 61%@62%c; No. 4 white, 60%@61%c; No. 3 yellow, 61>i@62%c; No. 4 yedlow, 60@61%c; No. 3 mixed, 61%@62%c; No. 4 mixed, 60% @6l %c. Oats— Steady; No. 3 white, 40%@42c; No. 3 white, 35%@408. Hay—Weak; No. 1 timothy, [email protected]; No. 2 timothy, $1G.50@17; No. 1 light clover mixed, [email protected]; No. 1 clover, $18.50 @19.50. —lnspections Wheat—No. 2 red, 1 car; No. 3 red, 1 car; No. 4 red. 1 car; No. 2 mixed, 1 car; total, 4 cars. Corn—No. 2 white. 2 cars; No. 3 white, 8 cars; No. 4 white. 11 cars: No. 5 W'hite, 5 cars; No. 6 white, 2 cars; No. 1 yellow, 2 cars; No. 3 yellow. 3 cars; No. 4 yellow. 15 cars; No. 5 yellow, 10 cars. No. 6 yellow, G car*; No. 5 mixed. 1 car; No. 6 mixed, 1 car; total,' 67 cars. Oats—No. 1 white, 2 cars; No. 2 white, 2 cars: No. 3 white, 9 cars; No. 4 white, 7 cars; total, 20 cars. jlny—No. 1 timothy, 1 car; No. 3 timothy, i car; No. 1 clover mixed, 1 car; to, tai, 3 cars. WAGON WHEAT PRICES. Indianapolis flour mills and elevators today were paying $1.30 per bushel for No. 1 red, winter wheat; $1.28 for No. 2 red winter and according to test for No. S' red winter. Oats were quoted at 27c per bushel for No. 3 white or better. HAY MARKET. The following are the Indianapolis prices for hay by the wag an load, delivered : 1 Hay-Loose timothy, $16.00@17; mixed hay. sls@lG; baled hay. $16@17. Oats —New. pef bushel 35@.'iXC. Corn -New. per bushel. rx)@ssc. Corn—Old. ner bushel 45@50c. WIVES GO FOR 87 CENTS. CAPETOWN, March 3.—Natives of the . iongo are now able to purchase wives as low as 87 cents. Before the war the price never fell below $L
iV. Y. Stock Opening
—March 3. —Opening— Allied Chemical 7... 57ft Allis-Chalmera 46% Am. Beet Sugar 37ft Am. Can 41% American International Corp 44% Am. Linseed 32% Am. Locomotive llbft Am. Smelt. & Ref 47% Am. Sugar Ref. 72 Am. Woolen 85% Anaconda Min. Cos i 48% Atchison 97% Austin Nichols 23% Baldwin Loco 107 ft Beth. Steel fB) 64ft California Pete 52 Canadian Pac. Ry •...137 Central Leather 34 Chandler Motors 74ft Chicago & Northwestern 68 Comp. & Tab 69% Columbia Gas 76ft Continental Can 57ft Cosden Oil 35% Corn Products 102% Crucible Steel 57% Cuban Am. Sugar 21V^, Famous Players 82% General Cigars 66% General Motors 8% Great Northern Ore 35% Gulf States Steel 74ft Kelly-Springfleld Tire 42 Lehigh Valley 59% May Stores 112% Maxwell Motor (B) 15% Mexicfm Petroleum 123% Missouri Pacific Ry 23% N. Y. Central 78% New Haven 17% Northern Pacific 79% Pacific Oil 49 Pure Oil 34 Pan-American Petroleum 56% Penna. R.v 35% People's Gas 74 Pierce-Arrow 17ft Reading 74ft Royal Dutch of N. Y 52% Sinclair 22% Southern Pacific 84% Stuart Warner 34ft Studebaker 100% Co 45% Tobacco Products 58% Union Pacific 132 ft United Retail Stores 44 U. S. Cast-Iron Pipe 29% IT. 8. Industrial Alcohol 44ft U. S. Rubber 59% U. S. Steel 95 Utah Copper 63 Vanadium Steel 37% Westinghouse Elec 55% White Motors 5% •Ex-DiV.
Local Stock Exchange
—March STOCKS. Bid. Ask. Ind. Ry. A Light com 60 ... Ind. Ry. & Light pfd 73 Ind. St. Ry 41% 48 indpls. & N. W. pfd 60 Indpls. & S. E. pfd ... 00 T. H. T. & L. pfd 7 11. I. & E. com 6 T. H. I. & E. pfd 15 U. T. of Ind. com U. T. of Ind. Ist. pfd. 3% 7 U. T. of lud. 2nd pfd 2 Advnnce-Rutnley com Advance-Rumley pfd Am. Cresoting pfd. 98% ... Am. Central Life 190 Belt. R. R. com 66 ... Beit. R. R. pfd 49% ... Central Bldg. Cos. pfd , Citizens Gas Cos 23% ... City Service com 189 194 City Service pfd 55 58 Dodge Mfg. Cos. pfd Home Brewing 44% ... Ind. notel com 80 ... Ind. Hotel pfd 97% ... Indpls. Nat. Ins. Cos 2 ... Ind. Title Guarantee Cos ‘i Indiana Pipe Lines 90 ... Indpls. Abattoir pfd 47% ... Indpls. Gas 4oft ... Indpls. Tel. com 2 . • Indpls. Tel. pfd 90 Mer. I’ub. UtL pfd 48% ... Nat. Motor Car Cos 1% “ Pub. Sav. Ins. Cos. *% ••• Rauh Fer. pfd *7% ... Stand. Oil or Indiana 87% 89 Sterling Fire Ins. Cos. ........ 7ft ••• Van Camp Hdw. pfd 90 •• • Van Camp Prod. Ist. pfd 100 Van Camp Prod. 2nd. pfd 100 Vandalia Coal Cos. com Vandalia Coal Cos. pfd . •• • Wabash Ry. pfd 23% 26 Wabash Ry. com 7 9% BONDS. Broad Ripple 5s 60 65 Citizens St. Ry. 5s 73 76 Indian Creek Co.il & Mine. .-. 100 Ind. Coke A Gas 5g 86 Indpls. C. A S. 6s 00 ... Indpl*. North. 5s 37% ... Indpls. A Martinsville 5s ... 69 ... Indpls. A N. W. 5s 48 ... Indpls. & S. E. 5s 45 Indpls. Shelby A S. E. 6s 75 Indpls. St. Ry. 4s 59 62 T. 11. I. A E. 5s 50 U. T. of Ind. 6s 44 ... citizens Gas Cos. 5s 85% 88% Indpls. Gas Cos 84% S9 Kokomo, M. A W. 5s 83% ... Ind. Hotel Cos. 3d 5s 95 Indpls. L. & H. 5s 86ft ... indpls. Water Cos. 4%5, .... 80 Indpls. Water 5a 94 98 Mer. H. A L. 5s 97 New Tel. Lung Dist. 5s 95 ... New Tel. Ist. 6s 95 Son. Ind. Power 6s 88% Indpls. T. A T 75 •Ex-dlvldend 3 per cent semi-annual.
Local Curb Market
(By Newton Todd.) —March 2 Am. Hominy Com 14 22 Central aud Coast Oil % ... Choate Oil Corp % 1 Citizens Gas Cos. pfd 94 100 Columbian Fire In*. Cos 6 7% Comet Auto ft 2 Dayton Rubber Units 45 52 Dictograph Prod, pfd 29 34 D. W. Griffith 6 6% Elgin Motor Car 1% 3 Fed. Fin. Cos. pfd 77 87 Fed. Fin. Cos. com 125 135 Gt. Sou. Prod. & Ref a 5% Goodyear TANARUS, & R. com 10 12 Goodyear T. & R. pfd 25 28 Ind. Rural Credits 50 60 Metro. 5-10 c Stores com 4 5 Metro. 5-10 c Stores pfd 19 23 Nat. Underwriting 2% 4 Rauch & Lang Units 21 28 Hub.-Tex. Units 13 18 Stevens-Duryea Units 21 28 U. S. Auto Units 50 58 U. S. Mfg. Cos. Units 147 157 BANK STOCKS. Commercial Nat. Bank 71 81 Cont. Nat. Bank 100 116 Ind. Trust Cos 175 190 Ind. Nat. Bank .#...200 276 Mer.. Nat. Bank ........280 ... Security Trust Cos 130 State Sav. & Trust 92 93 Union Trust Cos 800 ... Wash. Bank & Trust Cos 150 ... CHICAGO PRODUCE. CHICAGO, March 2.—Butter—Receipts, 4.550 tubs; creamery extras. 37c; standards, 35%c; firsts, 32@36c; packing stock, 15@17c. Eggs—Receipts, 15,604 cases; current receipts. 23@24c; ordinary firsts, 21@22e; firsts. 24%®’24%c; checks, 20@21e: ditties. 21@22c. Cheese —Twins, new, 19c; Daisies, 20@20%c; Y’ouug Americas, 20%c; Longhorns, 22c; Bricks, 16%@17c. Live poultry—Turkeys, 35c: chickens, 27c; springs. 29c; roosters, 18c; geese, 18c: ducks, 2Sc. Potatoes—Receipts, 43 cars; Wisconsin Round Whi’es, $1.80®2 per 150-lb bag; Idaho Russets, [email protected]. CLEVELAND PRODUCE. CLEVELAND. March 3.—Butter—Extra, in tubs, 43®43%e; prints, 44®>44%c; extra firsts, 42®42Vie, packing stock. 17® 19c. Eggs—Fresh gathered, northern teas, 29c; extra firsts, 28c; Chios, 25® 27c: western firsts, new cases. 27. Poultry —Live, heavy fowls, 28®30c; spring culls, 23@26; spring ducks. 27@2Sc. Potatoes —Ordinary, $310@335 per 150-lb. bag; Miehigans, $2.95; early Chios, $2.10 per 120-lb. bag; Red Rivers, $2.40 per 120-lb. bag. Sweet potatoes—Delawares, [email protected] per hamper.
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NEW MONTH SEES PLENTITUDE OF LOANABLE COIN Stagnation Sets in in Some l ines, While Undertone Is fairly Good. - / STOCK TRADE IS SMALL LONDON, March 2. —Business was on a much smaller scale in tlje stock market yesterday and stagnation was felt In many lines. The undertone, however, was moderately good as a rule. British funds ruled fairly steady la the gilt edged market. Foreign bonds were spotty, French issues alone showing steadiness. Home rails were harder but inactive and dollar rails quiet, while foreign rails lost ground. Forced liquidation was noticeable in the industrial market and iron, steel and engineering issues were idle., Oils, as a rule, dropped. Mexican Eagles were 4 3-16, Shells, 4 23-32 and Royal Dutch 36%. African minings eased off somewhat and Americans were devoid of special interest. The new month brought the return of a plentiful supply of loanable credit in Lombard rtreet. Overnight money was down to 2 per cent, day to day money 2% per cent and fixtures 3 per cent. — Copyright, 1922, by Public Ledger Company.
In the Cotton Market
NEW YORK. March 2.—Liverpool and Wall street were sellers of cotton at tue opening of the cotton market today, and this, with poor cables and an unsettled political outlook, caused a drop of 13 to 16 points in first prices. The buyers early were New Orleans and the trade. Only five notices were issued. . After the start the market was steady and about 5 points above initial levels. New York opening cotton price®: March. 18.30 c; May. 17.95 c; July, 17.13 c; August. 16.80 c: October. 16.45 c; December, 10.33 c; January, 16.20 c bid. The market was steady in the late dealings, closing at a net decline of 3 points to a net advance of 3 points. —COTTON FUTURES— Open. High. Low. Closes. January 16.35 March 18.24 18.37 18.15 18.35 May 17.94 -S.il 17.86 18.07 July 17.13 17.38 17.10 17.34 October 16.45 16.70 16.45 16.69 December 16.33 16.50 16.32 16.50 —Cotton Review — NEW YORK, March 2.—Cotton was 20 points lower at the start today because of lower cables, but the decline met the demand under 18 cents for May that has been in evidence for several weeks, which caused a moderate rally. The market ruled very dull after the first forty-five minutes, trading being confined mostly to switching. The weakness in Liverpool may have been due to the India budget Increasing cotton excise tax from 3% to 7% per cent. There was no other news of fresh importace. The weather was fair in the Southwest with rising temperatures. A message from Houston said the recent cold weather in extreme southwestern Texas would necessitate some replanting. We expect a continuance of a trading market, awaiting developments favoring purchases on decided setbacks. LIVERPOOL, March 3.—There was a good demand for spot cotton at the opening today. Prices were steady and receipts around S.OOO bales. American middlings fair. II.SSd; good middlings, 10.53d; fully middlings. l().28d; middlings, 9.98d: low, 9.13d; good ordinary. 8.33d; ordinary, 7.83d. Futures were rather quiet during initial trade.
Weather
The following table shows the state of the weather at 7 a. m., March 3. as observed by United States Weather Bureaus;, Station. Bar. Temp. Weather. Indianapolis, Ind.. 30.32 24 Clear Atlanta. Ga 30.12 30 Cloudy Amarillo, Texas . 30.34 18 Clear Bismarck, N. D. . 30.00 12 Clafiar Boston, Mass 30.10 26 Clear Chicago, 111 30.28 26 Clear Cincinnati, Ohio . 30.32 22 Clear Cleveland, Ohio .. 30.30 20 Clear Denver, Colo 30.14 32 Clear Dodge City, Kas. . 30.24 2 Clear Helena, Mont 30.08 14 I’tCldy Jacksonville, Fla. . 30.04 64 Cloudy Kansas City, Mo.. 30.32 22 Clear Louisville. Ky 30.32 32 PtCldy Little Rock. Ark. . 30.36 24 PtCldy Los Angeles, Cal. . 30.16 46 Clear Mobile, Ala 30.1S 32 Cloudy New Orleans La. . 30.26 36 Cloudy New York, N. Y.. 30.22 26 Clear Norfolk, Va 30.18 38 Cloudy Oklahoma Clly .. 30.40 16 Clear Omaha. Neb 30.22 24 Clear Philadelphia, Pa. . 30.24 30 Cloudy Pittsburgh, Pa. .. 30.30 22 Cloudy Portland, Ore 30.06 42 Clear Rapid” City, S. D. 30.02 32 Clear Roseburg, Ore. .. 30.16 36 Clear San Antonio, Texas 30.44 26 Clear San Francisco, Cal. 30.1S 48 Rain St. Louis, Mo. .. 30.34 24 Clear St. Paul, Minn 30.14 14 Clear Tampa, Fla 30.06 70 Cloudy Washington, D. C.. 30.26 32 PtCldy WEATHER CONDITIONS. Since Thursday morning precipitation has continued in areas in the Gulf and Atlantic Slates, and also has occurred on the middle and north Pacific Coast, but in other parts of the country the weather hat* been generally fair. Temperatures have risen considerably over practically the entire trans-Mississippi region, but the readings continue below the seasonal normal in the Southern and Eastern States, except the Florida Peninsula. J. H. ARMINGTOM, Meteorologist, Weather Bureaa. RECEIVES LOCOMOTIVE ORDERS. NEW YObK, March 3. —The l,lma Locomotive Company, according to an announcement of officials here yesterday, has received orders for five consolidation type locomotive from the Toledo, St. I.ouis & Western Railway Company and eight heavy mountain type locomotive* from the Burlington. TOLEDO SEED PRICES. TOLEDO, March 2. —Cloverseed—Cash, $15.80; March, $15.80; April, $14.4( October, $12.25. Alsike—Cash, $12.50; March, $12.50 Timothy—Cash, $3.17% ; March, $3.17%; May, $3.27%; September, $3.45. FLU STOPS FOOTBALL GASDR. DURHAM, Eng., March 3.—Two ieot~ all players were stricken with influenza .viiile playing here and the game was atopped. GREEK REBUFFS IN PARIS. ATHENS, March 3.—Greek officialdom Is exceedingly bitter against France because of refuffs met by M. Gounaris os his recent visit to Paris.
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