Indianapolis Times, Volume 35, Number 8, Indianapolis, Marion County, 20 May 1922 — Page 15
MAT 20,1922.
REAL ESTATE—FOR BALE. Concluded from Preceding Page, SMALL COTTAGE Semi-Modern, Southeast with electric lights, city water, gas, cement porch, clone to echool. Margaret Berry. SOS Public Savings bldg. Main SI4T. ' Drexel 420*. RURAL. N„ near Spades park; t-room modern; good condition. Also 6-room modern, except furnace, in rear. Will sac-"-lflce both for $7,500. Owner leaving city; cash, balance terms. Call Mr. 11c“nfeer, with I. N. Richie & Son. TlO-1S Bankers Trust bldg. Main 0820. 6-Room Close in, West Newly painted and decorated; electric lights, driven well; price, $1,610, small cash payment down, balance easy terms See Mr. M'-Inteer. I. N. Richie & Son, 710 Bankers Trust. Main 0820. Buy This Bargain Complete home of seven rooms and bath; built less than year; near 42nd and Central. Price. SIO,OOO. Dunlop & licit esrel, Realtors. West 30tk St A dandy good semi-modern six-room, near beautiful Riverside Park. Mr. Anderson. I. N. Richie & Son. 710 Bankers Trust Cos. Main 0520, BUNGALOW Beech Grove S6OO cash. $35 month, buys seven-room modern; garage; Seventh avenue; price, $4,000. Elmore Bros. 15$ E. Market. Room 302, Circle 7042. Cos the Hill Five-room home, newly painted, papered. electric lights, gas. city water, inside toilet. Cement front porch; $275 cash and $25 monthly. 1318 Lee street. J. F. Cantwell Cos. 830 Lmcke Bldg. Main 6204. IF YOU are looking for a home 4 rooms and kitchenette. Abundance of (lowers and shrubbery, young fruit trees, in the 6300 blot k north. Price is right. See Mr. Anderson. I. N. Richie & Son. *lO Bankers Trust Cos. Main 0526. m 2413 Wheeler Street BRIGHTWOOD. Four large rooms, electricity, well, full lot. Price $1,750; $250 cash. sls per mo. Call Trueblood. RELIABLE REALTY CO. Main 0186. Evenings. Irvington 4213. a IT I>oubie 4 rooms on each ff If A II side; rents $46 per mo.; Vi II II - In 3800 block Kenwood ave.; $4,500; SSOO cash, balance $42 per month. GEO. A. LUCAS. 726 K. of P. bldg. Circle 6600. Evenings. Belmont 4S2S. 5-Room Side Double North Gladstone near Michigan car line; food condition, semi-modern Renting at 50 per month. $4,500; SSOO cash. J. C. PRICE CO.. REALTORS. Main 1232 or Randolph 6724. Good Little 5-Room Home Southwest, for $1,600; about half cash. Call Mr. Anderson, with I. N. Richie & Son. Vain 0F.20. 20 and 12 Bankers Trust. „ Brick bungalow north. fl tt A II $5,000; SSOO down. $45 per tt II month. Call Circle 6600. * “ "* Evenings, Belmont 426. FIVE-ROOM bungalow, modern except furnace; located southeast. near car line: $3,000: terms. THE SOUTHERN LUMBER CO. Main 0142. SIGHT-ROOM residence north; In fine condition; double garage; lot 60x200 feet ■ear Illinois car. Price for quick sale $4,600. 40$ Marlon. Circle 4776. A 15PER CENT Investment: small double and single; always rented: S2OO cash, balance monthly. THE SOUTHERN LUMBER CO. Main 0142. ~~ LOTS—FOR KALE. ■ Irvington Lota “ Irvington Terraco addition Is in the east Fide of Irvington north side East Washington st. Begins next street east of Sheridan ave., the end of the Irvington car line. We are selling lota on Kenyon, the third street east. Price |750. Payments. \Y. H. Cooper & Cos. (IS Letncke.
One Square FYom Park ITtb and Columbia: 10 One building lots. High and dr> ; ail Improvements la and paid. To settle estate, will sacrifice for 1350 a lot; 125 cash, balance $1.50 a week. Hurry, as these won’t last long at this price. Call Mr. Mclnteer, with L N. RICHIE & SON. Main OHO. 710-12 Bankers Trust Bldg. Equities in 2 Lots, North Ail improvements In. M&in 1115. Mr. Barrett. Howard C. Venn. 108 E. Market. Main 1115 LARGE vacant lot. right downtown; owner will build, lease nr sell. Cunningham. With JAMES E. BERK?. Main 5147 or Drexel 1150. Lot' on Sutherland avenue two blocks . southeast Fairgrounds. TOM OVERMAN. City Trust Company. Circle 4022 or Harrison 1506. TWO BEAUTIFUL LOTS AT RAVEN’SWOOD. VERT REASONABLE. CIRCLE 4. BEAUTIFUL lot In Emerson Heights. Close to car line; east front. Main 5852. FINE 50-loot Meridian street lot at a bargain. Call Randolph 400 J. TWO east-fornt lots In Montrose addition. Call Main 7003. REAL ESTATE—SUBURBAN. % Suburban New 5-room bungalow, room for bath, garage and nearly half acre ground. 11,150. Terms or will trade for city property. Located two squares west of Stop 5, Lafayette traction. See Mr. Foreman on ground Saturday afternoon and Sunday, or call owner. Main 0185. Evenings, Wash. >545. 2V2 Acres Hi MILES east of Irvington and H mile south of National road 11250; 125 cash 11S monthly. Call Webster 5774 evenings or Cooper & Hadley 111 Lemcke Bldg. Main 1771. THREE acres. Improved, truck farm. 314 miles from Monument; dandy buy; cash or payments. ALBERT H. LOSCHE, 8 E. Market. Matin 2009. Evenings. Drexel 2102. iILV. 6 room bungalow, garage and nearly half acre ground, north; 11.150, 1350 **ah: will trade for city property. Owner. Main 0186. Evenings. Drexel 1491. 1 ACRE. new. lovely 5-room bungalow; fine shade; payments. WHALEN. Southport, 122. J-l. FIVE-ROOM bungalow at University Heights. Call Drexel 7971. ring 2. 11,400 EQUITY In 6-room modern, north; leaving city. Randolph 5945. REAL ESTATE—SALE OR TRADE. OPPORTUNITIES What Have You Got to Trade? Wa have Income property and farms In any part of the country, which w# can match on an* you may hava from any amount. 11 000 to 11.000.000. For Inf : ."nation inquire ZION REALTY CO, 26 W. Fifteenth. Fhonea 4231. Gary. Indiana. FARMS—FOR SALE OR TRADE. Q FOR EXCHANGE. Illinois highly Improved 154* acre black prairie form to exchange; clear, for merchandise or apartment. All level, tile drained; eight-room brick house with basement: five-room tenant house; two barns; tool sheds and other buildings; two miles of station on Chicago A Alton road; large orchard: over 250 pear and apple trees. Price 1200 per acre. See LEAVITT LAND CO.. Indianapolis lad. *
FARMB FOR SALE. leasesayasaeaasssasaMeessawswss SIXTY-EQGHT acres of level land, 8 miles east of- city; $lB5 per acre; one-third cash. WRIGHT. Irvington 0292. F xiAL ESTATE—WANTED. WANT $ to 7 rooms; modern or seml- , modern. Will pay S7OO cash and balance monthly. Main 0142. WANTED—Six-room modern bungalow east. Adress A No. 2719. Times. AUCTIONS. Auction Farm and personal property, Thursday. May 25. 10 a. m. The undersigned will sell without reserve 160 acres, one mile southwest of Patrlcksburg, Owen County. Indiana; six-room house with good cellar, cistern and well; good barn and granary; sheep barn; old house; poultry house, and plent] of other outbuildings; 18 acres wheat, 18 acres clover; oil and coal prospects good. Liberal terms. Will also sell personal property. Adrian Yeager, owner. R. C. Fa-Land Auction Cos. Auctioneers, Noblesvllle, Ind. ~ BUSINESS OPPORTUNITIES. SWITCH SITE . Suitable for coal or Ice company or light manufacturing. Sine 150x150 feet, with good buildings and four-car switch. Located at West Michigan and Belt R. R. A real bargain at SIO,OOO. Half cash. Call Mr. Hall today. J. G. McCullough, 160 N. Delaware. Main 1710. ' Sunday, Ran. 7108. We have cash customers for groceries, rooming houses and other business properties. Fowler-Eaton, 301 City Trust. Main 6871. FOR SALE—Texas oil leases. 10 to 600 acres, one to five dollars per acre. Owner will be at 110 South Illinois st. for three daya Phone Main 0869. FOR SALE or trade, a stock of general merchandise; Invoice S4OO. Address Box 8. Quincy, Ind. Ml SC EL LAN E O A LE.~~ Typewriter Bargains NO. 1, NO. 4 and NO. 5 UNDERWOODS FOR THIS WEEK ONLY $55.00. EASY PAYMENTS IF DESIRED. CLEANED. OVERHAULED AND IN FINE CONDITION iXD GUARANTEED. ALSO BARGAINS IN OTHER MAKES OF MACHINES. LARGE AND SMALL, AT LOWER PRICES. 18 WEST MARKET ST.. UPSTAIRS. PHONE MAIN 26 86. Clark Typewriter Shop FUTILE " CLEARED SSffil S6 A TiaSM Must be sold at once. Corner Walnut and Noble Streets. ®’walk two' squarf.s and save a dollar on I I \ your trousers at ||L | The Pants Store Cos. ||jl / 2 Stores Full of Pants. 48 W. Ohio—ll 4 E. Ohio St.
$2 DOWN WILL BRING CORONA, The Personal Writing Machine JUDD TYPEWRITER EXCHANGE. 22 S. Penn. St. Tel.. Main 2690. LNVAUU CHalHs—Good. strung rubber* tired chair* lor rent. 11.(0 per month. Crutches, Xc. Delivery free. BAKER BROS. MAKE your old coat look Ilk* new eult by matching a pair trousers with til* CORRECT PANTS MAKERS CO. A BARGAIN In 2 Easy vacuum and t Gsin-s-Day electrlo washers, soiled. |4 South Meridian street. VACUUM cleaner, with emery wheel attached; loidlng cot; radloptlcon. Irvington 2140. LUMBER tor sale; door* and win.lowa At 4420 North Penn, street. Can be seen Sunday. WHEN YOU THINK OF TYPEWRITERS THINK Os JUDD. 22 S. PENN ST. A NUMBER of used eisctrla washers. s2'i and up. 3- South Meridian street. "m ISC ELLAN E 6 U S—TO ~L ET. " CONCRETE MIXERS FOR RENT. Circle 6686. MISCELLANEOUS—WANTED^ GOOD, SOUND YELLOW EAR CORN WANTED AT THE STOCK YARDS Wanted — Baby carriage, stroller or Oriole, regardless of condition. Circle 7090. WANTED—SOO lawn mowern to sharpen; reasonable prices. 126 Virginia ave. Main 4989. WANTED—6,OOO lost keys found at JOHN S FOLTZ. 126 Virginia ave. Main 4 38?. HO USE HO L D GOO DS—FQ RSALET FOR SALE—Fumed oak daveno set. Drexel 6854. Rugs—Linoleum Imported Japanese grass rugs, 3xlo, $6.25: 9x12.. $6.50; guaranteed GOLD SEAL Congoleum rugs. 9x12. $13.25. Rug borders. 24 Inches wide, 39 cents per yard; 36 inches wide. 64 cent* per yard Brussels. Axminster.s, velvet and Wilton rugs at lowest prices. 207 W. Washington st. Lincoln 6750. AN oak porch swing, child's desk and hotplate stove. Randolph 8301. FOR SALE—Three-piece oak bedroom suite. Call Webster 1939. TWO laundry stovea and folding bed. Circle 6626. MUSIC A L—S ALE OR~VvA~N TED ~ FOR SALE OR TRADE—Account death. $560 player piano; walnut case, with bench and $25 worth rolls; payments if desired at sacrifice price. Address A No. 1940, Times. PIANOS TUNED and repaired; all work guaranteed. ROBERTSON MUSIC HOUSE. 423 Massachusetts ave. Main 4631. BEAUTIFUL golden oak Vlctrola; 90 records; leaving city; will sacrifice. Ills E. Michigan. ONE large Edison phonograph; 70 records. Drexel 3603. 24-'2 English avenue. PIANO; Baldwin; bargain; also furniture and draperies. Main 5164 COAL A nITw~OOP-FOrTSAL£.~~ NO BETTER coal on the market. UNION ICE AND COAL CO. Drexel 3280. Stewart 2226. ~ COAL L. H. BAIN COAL CO. Main 6L 212 N. Fine. Mai n 2161. M A C HiN ERY~jTND~T OO L 8. ATTENTION. FARMERS AND ROAD CONTRACTORa W have 23 General Ordnance Tractors. 14-28 horse-power. In warehouse hero These are new tractors and the list price is $1,486 f. o. b. Cedar Rapids, lowa. We are going to close these out at S6OO each, while they last. You will have to hurry. Call or write for appointments. CLARKE & ROSEMEYER. 1012 Park avenue. Indianapolis. Circle 4732. Circle 8487. WONDER MIXERS MIXERS. HOISTS. PUMPS. KNUINMS. ALL SIZES CAARJIp IK STOCK. BURL FINCH. OULU4-N W. MARTLAND ST&BBX.
TRADING AGAIN ON BROAD SCALE; STOCKS ACTIVE General Firmness Throughout List, With Specialties Making Gains. TURNOVER IN U. S. STEEL Special to Indiana Daily Times and Philadelphia Public Ledger. BY MONITOR. NEW YORK, May 20.—Trading in stocks today was again on a broad and active acale with general firmneaa throughout the list and striking gains by certain specialties among the industrials and rails. The volume of transactions was estimated slightly above a million and a half shares for the session. Although certain other Issues made more striking gains, the rise of United States Steel to a fraction above 101 on a turnover in excess of 100,000 shares, provided the outstanding feature of the day’s price movements. This may have been in the nature of a burst of optimism In recognition of the dinner at the White House, at which the leading steel magnates of the country were the rresldent’B guests. At any rate, the substitution of an eight-hour dny for the present twelve-hour schedule was not construed as a bearish factor on steel, in case such a suggestion should be adopted. It is quite likely that the undercurrent of belief to the effect that the coal strike was due for early settlement vgas even a more powerful influence In arousing confidence. Aside from the performance of United States St el, the price movements, of special interests were represented chiefly by sharp advance In Republic Iron and Steel, United Retail Stores, Tobacco Products. Lorillard, Mexican Petroleum and Producers and Refiners among the industrial, and Delaware and Lackawanna and New Haven among the rails. Lake Erie & Western also had a brisk advance on a moderate turnover. The sugars and coppers also acted well. The money situation exercised a strong Influence on the market. The call rate was 3% per cent for renewals, and quotations later went supply at 4 per cent for thirty to forty-five days, and some loans were said to have been put through for thirty days at 3% per cent. This is the lowest rate ui nearly five years. The weekly statement of the Federal Reserve System gives further evidence of the easy money situation, not only by the gain in the consolidated figures to 77.(1, but particularly by the rise in the ratio of the New York Lank from 83.5 to 86.2, thus reflecting the heavy flow of funds to this center from the interior.—Copyright, 1D22, by Public Ledger Company.
WALL STREET GOSSIP
By MONITOR. NEW May 20. - The Independent steel merger received another setback yesterday, when representatives of the Youngstown Shet A Tube Company, in a meeting of representatives of all companies concerned, advised the other comnanies that they had decided to withdraw from the plan. Conferences among the other five concerns are continuing to determine whether it la advisable to consider a consolidation of all or some of these companies. The Simms Petroleum Company closed 11*21 with a net deficit of $1,890,700 after allowances for depletles and depreciation. iw-vv-.-.-/. E -iv- L -Jv°v- I P. E ;^v J -.vv.NOTICB TO THE TAXPAYERS OF THE PARK DISTRICT OF THE CITY OF INDIANAPOLIS. INDIANA. The taxpayers of the park district of the I city of Indianapolis. Indians, ere hereby notified that the Uoard of I ark Commisalonere of the city of Indianapolis, has i by resolution determined that It Is necessary to Issue and sell bonds of sold park i district of the city of Indianapolis, In the i sum of forty-five thousand ($45,000.00) ! dollars, for the purpose of procuring funds | with which to pay for the construction of a retaining wail along the west and north i bank of Fail Crs-k, from about ThirtyFirst ntreet produced, to Ashland avenue ! and the reconstruction of four (4) wood block wings, cement curbs and sidewalks at the Intersection of Meridian and Thirtieth streets, and the reconstruction of four (4) bituminous concrete wings, cement curbs, gutters and sidewalks at the Intersection of Capitol avenue and Thirtieth streets, all in the city of Indianapolis nr.d other expenses Incident thereto, all of which Is fully set out and more particularly described In Construction Resolutions Nos. 17, 30 and 31. 1921. respectively. and the three (3) sets of plans and specifications adopted thereunder. Said bonds shall be Issued for a period of five (6) years and shall bear Interest at the rate of five (5%) per cent per annum. payable eeml-annually at the office of the treasurer of tl.d city of Indianapolis. Unless objection Is made by the taxpayers of said park district In the manner prescribed by law the said Board of Park Commissioners and the city controller of Indianapolis will, pursuant to said determination and order, proceed to cause said bonds In said amount to be Issued and sold for the purposes herein si-t out. CHARLES A. BOOKWALTER, FRED CLINE. A. M. MAGUIRE. SARAH E SHANK. Board of Park Commissioner* of the city of Indianapolis. Ind. FINANCIAL. e^reUioeeAAeAseeiweeweseAeeeeoases lllOff $10042004300 Investigate our easy-to-pay Twenty-Payment Plan Loans. Get SSO. pay back $2.50 a month. •• yioo, •• $5.00 With fcterest at 3%'/o per month. You pay only for the actual time loan runs. Interest is charged only on the actual amount of cash still outstanding. Come In and got free booklet. “The Twenty Payment Plan,** which describes everything fully. All business confidential. We Loan on Furniture, Pianos, Vlctrolas, etc., without removal. Also on Diamonds for long or short time. Call, phone or write Indiana Collateral Loan Cos. (Bonded Lenders.) ESTABLISHED 1887. 201 LOMBARD BUILDING. 24 54 EAST WASHINGTON ST. Main 3286. ‘ CONFIDENTIAL Quick Loans UP TO S3OO On pi-t.ius. vlctrolas, household fur-' niture and guaranteed notes. Loans payable In 8 to 2d monthly Instalments. 'Algal charges based on unLaid ’ alance for actual time used. earns with other companies paid off and more money advanced. Hours 8 F* 6:80. Satuidnys to 1 p. m. Call, write or ph.,ne Circle 1-6-6-9. Beneficial Loan Society 601 National City Bank bldg. loans : On furniture, pianos, autos, live stock, (arm implements aud other collateral. CAPITOL LOAN CO. 14144 K. Washington Bt. Main 068 5. Auto Lincoln Tlst WE MAKE first and second mortgages on improved farms and Indianapolis rani estate. AETNA MORTGAGE AND INVEST"!. CO. 60S Fidelity Trust bldg. MONEY furnished on realty mortgages and contracts. FRANK K. SAWYER. Meridian Life Bldg. (07 North Pennsylvania street. Circle 1061. FIRST and second mortgages on Indians nnd Indianapolis real estate. R. B. WILSON. 1101 National City Bank bldg. Uncoin 8104. j MONEY to than on append mortgages. L. R MILLER. UI N. Delaware st! Mala STU.
INDIANA DAILY TIMES
This brings the net deficit of the company up to $6,333,469. The Texas-Gulf Sulphur Company has Increased the quarterly dividend from 50 cents per share to $1 per share. This was not a very great surprise to Wall Street, as the Marco payment of 50 cents was accompanied by an extra dlabursement of the same amount. President H. K. Byram of the Chicago Milwaukee & St Paul, advises that freight traffic on the road is growing better each year, and, at the present time, is 20 per cent above the same period a year ago. It was reported that the Sinclair Consolidated Oil Company has Just closed a contract to supply all lubricating 'oils for equipment of the Southern Pacific Lines in Texas and Louisiana. President Eugene Grace of the Bethlehem Steel Corporation is quoted in dispatches from Baltimore as denying, outright that Bethlehem is negotiating with Midvule or any- other companies mentioned in the "six-company merger” plan. Stejl merger plans are hanging fire here, although the Street was apparently well satisfied with the outcome of the President’s dinner party at the White House. Reports current last week to the effect that United States Steel common was being groomed for a rise, in order that a proper premium might be established over leading independent stocks, were Justified in Friday’s market when steel crossed 101. Copper stocks held consistently firm and a further appreciation in market prices for the copper metal serves as a basis for buying sentiment here. Averages of the copper group, as a whole, are In new high ground for the Benson. Cutan-American Sugar established a new high above 25, part of the support being du to the prospective merger with tho International. At the same time the Street Is inclined to look for higher prices for raw sugars, and as Cuban-Amerlcan Sugar Is one of the low cost producers, this company would reap the full benefit of any adva’uce. Money rates continue easy and both 30 and 45-dny maturities nre now below the 4 per cent basis, with 60-<lny at 4 per cent even and six mouths at 4Vi per cent. It Is believed that the Firestone Tire A Rubber Company should show earnings of more than $2,500,000 for the first six months of 1022. This is more than $lO per share on the common after tho preferred dividend requirements are met, but before other charges. Recent strength in United Retail Stores, which has made for an advance of more than 15 points in about two weeks, is based upon anticipated improvement within the company. It Is expected that Saturday or Monday should bring forth an Interesting announcement concerning the expansion policy of the company. Merger rumors are now moving up town and the latest combination report Is to the effect that 11. It. Malllnson is to combine with two other silk concerns. At the same time Increased orders for Mallluson's products huve been sufficiently to justify an Increase from 50 per cent to 70 per cent of capacity, and, on the strength of this, Malllnson stock Is selling in new high ground above 23. Stutx Motor Car Company of America, has Just turned In Its 3921 report showing a net loss of $032,370 for the period Copyright, 1922, by l’ubltc Ledger Company.
Weather
The following table shows the state of weather at 7 a. m., May 20, as observed by United States Weather Bureaus: Station Bar. •Temp. Weather. Indianapolis, Ind.. 20.99 M Cloudy i Atlanta, Ga 30.00 6*3 Clear Amarillo, Texas..,. 29.81 60 Clear Bismarck. N. D... 29 94 48 PtCldy Boston. Mass 29.90 64 Clear Chicago, 111 29.80 60 Cloudy Cincinnati, 0hi0.... 29 00 56 Cloudy Cleveland, 0hi0.... 29 78 56 Kalji Denver. Col 20 8.8 4.8 Clear Dodge City, Has.. 20 64 58 Clear Helena, Mont 29.70 60 Cloudy Jacksonville, Fla... 30.04 73 Clear Kansas City. Mo.. 201*0 62 Cloudy Louisville. Kv 29.94 58 Clear Little Rook, Ark... 29.78 66 PtCldy Los Angeles, Cal.. 30.02 54 Clear Mobile. Ala 29 08 74 Clear New Orleans. La.. 29.96 76 dear New York, N. Y.... 29.90 64 Clear Norfolk, Va 29,0*1 66 PtCldy Oklahoma City 20 74 70 Cleudy Omaha, Neb 29 04 64 Clear Philadelphia, Pa... 29.92 6*l Clear Pittsburgh, Pa. .. 20 86 64 Cloudy Portland. Ore 20.94 48 Cloudy Rapid City, S. I). 29 78 52 Cloudy Roseburg, Ore. ... 30.02 46 Cloqdy San Antonio, Tex.. 29.86 74 Cloudy San Francisco. Cal. 30.02 50 PtCldy Rt. Louis, M 0.... 29 694 *lO Clear St. Paul, Minn 20.92 58 Clear Tampa, Fla 3002 76 Clcnr Washington, D. C.. 20 88 04 Cleur WEATHER CONDITIONS. Tlie lake* storm is moving slowly northeastward and has caused a continuation of unsettled weather with showers In northeastern sections. Showers have also occurred from tlie north Pacific region eastward across the Rockies and In some parts of the southeast. It Is a little warmer from the Great Plains eastward and a little cooler, ns a rule, from the western highlands to tlie Pacific. CORN AND WHEAT BULLETIN. For the twenty-four hours ending at 7 a. m., Saturday, May 20, 1922: temper •ture e ■ Cion o Stations of : I „ £2~ Indianapolis „ f— = !? District. Jl jSsls fir l 2>u s csjr 2 South Bend .... 56 |54 0.92 ! Slippery Angola 04 152 045 | Fuir Ft. Wayne 54 |54 0.52 | Wbeatfleld 56 155 0.63 I Good Royal Center ... 58 I 52 0.44 | Good Marlon 58 I 52 0.13 ’ Good Lafayette 67 |52 0.17 j Good Farmland 60 50 0.44 Good Indlnnapolls .... 68 | 53 0.02 Good Cambridge City. 58 i3t 0.10 Good Terre Haute .... 58 | 52 0 Bloomington .... 71 | 51 0 Good Columbus 6*l | 50 0 Good Vincennes 66 I 49 0 Good Paoli 65 | 49 0 Good Evansville 68 1 54 0 J. H. ARM!NOTON. Meteorologist, Weather Bureau. In the Cotton Market NEW YORK, May 20.—The cotton market opened 4 to 17 points lower today under selling by spot and commission houses and the favorable weather reports. Wall street and the trade were the best buyers. The list rallied from 7 to 8 points after the opening on week-end covering. New York opening cotton prices: May 21.07 c; July 20.07 c; October and December. 19.85 c; January. 19.75 c; March, 10.09 c. The market wns easier in the late dealings. closing unchanged to 30 points lower. —Cotton Futures— Open High Low Close January 19.75 IO.HO 1962 19.65 March 10.67 19.60 10.45 19.45 Mav 21.07 21.25 20.00 21.20 July 20.07 20.17 19.87 19.00 October 10.90 19.98 19.75 10.71 December 19.85 10.93 10.72 19.77 —Cotton Review— NEW YORK, May 20.—The cotton market again today displayed a reactionary tendency. Pressure was not severe, but there was Just enough to more than supply the new demand for contracts. The news, however, wns mainly favorable to the market. There were reports of more showers in the Southwest and some prospect of unsettled weather over Sunday. Trade reports were good, and the demand for spot cotton good. Recessions that have occurred are solely responsive to technical conditions. Increasing business and the strong statistical position suggests the likelihood of a higher level for values later in the season, and we would therefore be prepared to take advantage of substantial setbacks to resume the purchase of the new crop months. STANDARD OIL OF INDIANA. Sales. 6.400. Open, 106%; Ugh. 107%, lew, 100%; dose, 106%.
U. S. STEEL HITS NEW HIGH MARK Trading Is Active and Strong During Entire Session. NEW YORK, May 20.—The stock market continued active and strong in the late dealings and closed strong. Many of the railroad shares were in large demand, Texas and Pacific advancing nearly 2 poluts to 35%, and New Haven touching 35. United States Steel made anew high for the year in the last few minutes at 102. General Motors continued* strong, advancing to 14%. The oil stocks also showed a better tone, Mexican Petroleum holding above 136. Government bonds were unchanged and railway an dother bonds strong. Total sales of stocks for tho day were stores, 908.S00; for the weeks, 7,789.300 shares. Bond sales for the day were $8„605,000; for the week, $89,961,000. (By Thomson & McKinnon.) —May 20— The volume of business today continued on a largo scale. Public enthusiasm is unbounded. Individual transactions are growing In size, and the public account is growing bigger, but no attention is paid to this, because money continues easy and Is in abundant supply. as business expands, nnd this Is the real tiusls for tlie presenr mnrket —the demand for funds for commercial purposes increases and ultimately we will aguln have a money problem iu the stock market The favorites xvre new Haven, Sinclair and General Motors. The steel merger stocks did not act well and casts some dqubt on the success of the proposed im-rgor. So ioug as the public are wilting to buy Blocks in large quantities, it will be perfectly natural ror the market to move ahead and give us new high prices, but It is well to reiember that there is a limit to all this. There will come a time when the public will want to sell and then the old difficulties will present themselves. It therefore seems to us, as a matter of good business sense, that some stocks should be sold while the market is big, und, by pursuing this course, gradually marketing stocks on a scale up—you will be in a position of advantage when the selling day comes. TWENTY STOCKS AVERAGE. NEW YORK- Hay 20.—Twenty Industrial stocks Friday averaged 04 80, up .89 per cent. Twenty active rails averaged 85.28, up .87 per cent. CLEARING HOUSE STATEMENT. NEW YORK, May 20.—Exchanges, $740,000,0(8); balances, $09,800,000. Federal lleservt) Bank credits balances, $53,50u,000.
Money and Exchange
Indianapolis hank clearings Paturday were $2,64)8,000 and for the week ending : -Saturday, $10,513,000. Bank debts Sat urdiiy were $4.8417060 and for tho week ending Saturday, $33,804,000. NEW YORK, May 20. —Demand Sterling wus steady at the opening of tlie foreign exchange market today, being quoted at $4.45. I rani: cables were OoCc; checks. 9.05*4c. d.lre cables were 5 12 I } e: checks, 5 ll\c. Belgian franc cables were 8 30’4c; checks, 8.29\e. Marks were quoted at ,0633 c. Swedish kronen cables were 25 78c; checks. 25 73c. Guilder cables. 38.83 c; checks, 38.78*1. Norway I kronen cabUs were 18.46 c; checks, 18.41 c Denmark kronen cables were 21.530; checks, 21.28 c. NEW TORK BANK STATEMENT. | NEW YORK. May 26.—Average—Loans, Increased, $4*6.742,000; demand deposlrs, increased, s6Bo>\S,ooo: time dt-pos*tH. do-cre-ased, $73,000; reserve, decreased, $2.454,770. Actual—Loans increased. $97,634.000; demand, deposits, increased. $06,159,000; time deposits, increased, $4,234,OoO; reserve, decreased, $29,384,030. MOTOR SECURITIES. (By Thomson At McKinnon) —May 20— —Closing— Bid Ask. Ear! Motors 4>j 4 : * 4 Packard, com 13 13u Packard, pfd >. 88 89 Continental Motors, pfd .... 8S I*2 Hupp, com 20'i ’2l Hupp, pfd 95 105 Iteo Motor Car 24'Y 24>j Elgin Motors 2*j 3 Grant Motors l 114 Ford of Canada 875 385 National Motors 2 4 Paige Motors 20Vj 21VJ Republic Tru< k 8 BU. ACTIVE OIL STOCKS. (By Thomson & McKinnon.) —May 20— —Opening— Bid Ask. Anglo-American Oil 20*a 21 Atlantic Lobos P*, a lot* Borne Scrymser S6*> 3*o i Buckeye Pipe Line 97 99 ■ Chesebrougn Mfg. Cons 190 2**o i Continental Oil. Colorado 145 Cosden D!1 and lias 5 8 | Crescent Pipe Line 35 38 Cumberland Pipe l.lne 135 145 ! Elk Basin Pete 9'-i 9 s s Eureka Pipe I.ine 99 102 1 Oalena-SignHl DU. prof 168 113 | Galena-Signal Dll, com 55 56 ! Illinois Pipe I.ine 183 187 Indiana Pipe Line 94 97 Merritt DU 13*2 l.iac Midwest Oil 234 3 | Midwest Rfg 200 National Transit 29 30 New York Transit 175 ISO Northern Pipe Line I**6 IU9 Ohio Dll 330 325 Oklahoma P. & R 8 9 Penn. Mex 26 30 Prairie Dll nnd Gas 605 615 Prairie pipe Lino 220 228 Rapulpn ltefg 414 4*4 Solar Refining 3.50 371) Southern Pipe Line 101 ]O4 South Penn Oil 218 225 Southwest Penn Pipe Lines., tin 65 Standard Oil Cos. of Ind 10*5x4 10*’,v^ Standard 011 Cos. of Kan 550 570 Standard Oil Cos. of K.v R2*4 82% Standard Oil Cos. of Neb 190 200 Standard Oil Cos. of N. Y 4f7 411 Standard Oil Cos. of 0hi0....460 4SO Swan & Finch" 30 40 Vacuum Oil 418 425 Washington Oil 20 80 NEW YORK CURB MARKET. (By Thomson Jk McKinnon). —May 20— Closing Bid. Ask. Acme racking 47 50 Curtis Ouro com 4*4 r,y 2 Curtis Aero pfd 24*,:, 20 Boston & Montana 22 23 Boston & Mont Corp t 1 1-10 Goldfield Con 0 S Jumbo Extesion 3 5 International Pete 22’i 22 v s Kirby OH 10*4 in’*, NI pissing 6 6*4 Standard Motors 4*£ 4% Salt Creek IS ISM Tonopab Extension .... l'i l s ij Tonopah Mining 1% lv United P S new B*{ B*4 U S Light Heat pfd.. \Uj 1% Yukon Gold Mine Cos 95 100 Jerome 3 *4 3Tfc New Cornelia 19 20 United Verde 29 30 Sequoyah 2 10 Oiuar Oil -.1% 1 lMfl Ilep Tire G 2 95 n'eW TORK SUGARS. NEW YORK, May 20.—Raw sugars were firm on the market here today, Cubns selling nt 4.07 c per pound, duty paid, and Per' o Ricos at 3.8*[email protected] petpound, duty free, delivered. Refined sugars were also firm, fine granulated selling nt 5.30®5.50c and No. 1 soft at [email protected] per pound. NEW YORK COFFEE. NEW YORK, May 20.—Coffee values were easy in trading on the market today. opening options being 2 to 3 points lower. Rio No. 7 on spot sold at 11@ II Vic. NEW YORK RICE. NEW YORK, May 20.—Rice values were firm on the market today, domestic again selling, at 3%@7%c per pound. NEW YORK TURPENTINE. NEW YORK, May 20.—Turpentine prices were firm on the market today. galea were made at 97%c per gallon.
Stock Market Review
NEW YORK, May 20.—With the exception of the Independent steels, the whole market today made a splendid response to the unqualifiedly bullish tip given regarding the price movement by the action of the industrial average in climbing above 94 aud the railroad average reaching anew high above 85. Stocks were in urgent demand throughout the entire two-hour session, and previous high levels were bettered by a representative list of issues in both the industrials aud railroad groups. Independent steels, which have been included in the so-called "six-company” merger, showed weakness at the opening as the result of the Youngstown Sheet and Tube Company dropping out of the negotiations. Undoubtedly, the Youngstown properties constituted one of the greatest assets of the proposed merger and the loss is said to be serious to the consolidation. The comparative strength of Bethlehem Steel ‘’B’’ was significant, as it gives some basis for the report that, as a result of Youngstown & Lackawanna leaving the larger merger, an entirely new line-up of companies, probably with the Bethlehem-La*-kuwauna consolidation us a base, will occur. No developments, however, are looked for until the representatives of the remaining five companies determine whether It Is advisable to continue negotiations for consolidation of all or some of the concerns.
/V. 1. Stock Exchange
*— May 20— Prev. High. Low. Close. Close. Ajax Rubber... 17*4 l” ] -i l” 14 Allied Chemical 08tj 08% 08% 68 I Allis-Chalmers . 50% 49% 50 49% Am. Beet 8. ... 44% 44 44 43 | Am. Cun 48% 48 48 48 Am. Car he F...102 161% 102 161% American Ico ..107 107 107 107% ; Am. In. Corp. . 48% 47T4 48 % 47% i Am. Loco 115% 114% 114% 115% Am. Steel F. .. 39 38% 35% 38% Am. S. Ref. . 00% 05% 05% 00% Am. Sugar Kef. 70% 70% 76% 75% Am. S. T. Cos. . 30% 35% 35% 30% Am. Tel. & Te 1.122% 122 122% 122% Am. Tob 142% 140% 142% 141% Am. Woolen .. 93% 02% 92% 02% Anaconda 55% 55% 63% 55% Atchison 100% 100r* 100% 100 Am. Ship 10% 10% 10% Atl. Gulf 37% 37% 87% 37% Austin Nichols. 27% 27% 27% 20(,* Baldwin Loco 118% 117% 117% 118 H. At 0 48% 47% 40% 47% Belli. Steel (B) 79% 78% 78% 78% Brook. Trans. . 25% 23% 25% 23 Cal. Pete 57 50% 56% 57 Fan. l-’ae 143% 142% 1-13 141% Central Leather 4u% 40% 40% • 40% Chandler Jl-at. . 74% 74% 74% 74% C. A D 07% 67 67% 06% CM STB com. .. 2.8% 20% 28% 20% CM ST I’ pfd ... 45% 44 45% 43% • 'hi. & North.... 75% 75 75% 74 UR IP 4H% 45% 40% 43% CRIP 6 pet. pfd. .82 81% 82 61 CRIP 7 pet pfd. 96 95% 90 95% Chill Copper ... 22% 22% 22% 22% Chino Copper . 31% 31% 31% 31% ; Col. Fuel Iron.. 35% 35% 33% 33% i Con. Gas lls% 116% 110% 117% it’orn Prod. ... 101% 101% 101% 102% | Crucible Steel .. 71% 73% 73% 74 ! Cuban Am. Sug 25% 23% 25% 25% Cuban Cane Sug 17 17 17 10% ; Del. A Hud 123 124 124 Del. & Lack... 128 126% 127 125 Brie 15 13% 15 13% I Erie Ist pfd. .. 24% 23 24% 22% ! Eudtcott J 83% 63% 63% 64 i Famous Play... 61% 81% 61% 81% Fisk Rub 17 10% 17 17% Gan. Asphalt... 03% 02% 62% 62% *ien. Electric.. 105% 164% I*U% 165 V* Gen. Motors ... 14% 14% 14% 14 * Goodrich 41% 4| 41 41^ Gt. North, pfd.. 78% 77% 78 77 Gt. North. Ore.. 41 41' 41 41 Gulf s. Steel... 65% 64% 64% 65 Hupp Motors .. 20% 20% 20% 20% Houston Dll 79% 79’ 79 79% Illinois Central P*s% 105% 105% 105 Inspiration Cop. 42!, 42% -12% 42% Inter. Nickel... 18 IS IS 37% Inter. Paper 52 51% 02 61% Invincible Oil.. 18% is js% IS> K**\ Stone Tire.. 2:*.% 22% 22% 22% Kelly Sg. Tire.. 32% 52 52’ f,p„ Kennecott Cop.. 38% 38% gs% Lack a. Steel 7,8% 77 % 7 s 7s i~ Lee Tire & Rub. 34% 34% 34% 54 | Lima Loco 109% 109% 109% Lehigh Valley... 05 61% 64% 04% A N* 119 IP.* 119 119 •*-•* Inc 10% 10% 10% i% Manln Barry 33% 33 S3 33% Marine com 24% 23% 23% 24% Marine pfd 83% 83% 83%- 83% Maryland Oil 32 31% 31% S£% M"’x. Pete 137% 130 13*1% 135 M ixwell A .. 73% 73% 78% Midvale Steel... 41% 40% 41% 42 M> Pae. Ity — 24% 23% 24% 23% Mol’. Ky. pfd.. 57% 57% 67% ...! M'-nt. vV- Ward.. 23% 21% 23% 22% Nev. Con. Cop... 18% 18% ].8% 18% N Y Airbrake... 78 78 78 .... N. V Central... 91 !>•'.% pi 90% N.-w Haven .... 35*4 32% 35% 32% Norfolk &W. ..107% 107 197% 106% Northern Pacific 77% 77 77% 77% Dwell Bottle .. 30% 30% 36% 30% Pro. Refiners 45 44% 45 Pacific Oil 04% 63% 04% 65 Pan-Ati) Pets... 67% 06% 60% c,f,% Poona Ky 41 % 41% 41% 41% People’s Gas ... 8*7% 86% 80% so" I’ers Marquette. 83% 82% 33 32% Pierce-Arrow .. 20 19% 20 19% Pierce Oil Cos.. 10% 10% 10% ]o Pullman V Car. 123% 123 123% 122% Pure Oil 33% 32% 32% 33’ Rending 62 81 81% 61 Rep iron & S.. 73 71 72% 75% licplogle Steel.. 87% 36% 30% 30% Royal DofN YO4 63% 03% 03% Sears-Roebuck . 70% 76% 70% 70% Sinclair 30% 34% 80% 84% Superior Steel.. 35 35 35 34% So. Pacific 92 91% 92 91% Southern Kv 25 24% 24 % 24% St.L. <C S.W.Rv. 32% 80% 32% 80% Stand.(l. of Cnl..H4 113% 113% 113% Stand.O. of X.J.187% 187% ls'% iss% St.L. A- S.F.eom 31 30% 30% 30% Ste v. A- Warner. 41 41 41 40% Strom. Carl) 54% 63 53 64% Studebaker 121 120% 120% 120% Tex.G.* Sulphur 47% 47 47 43% Tex.C. & 0i1... 30% 80 SO% 30% Texas Ci 48% 48% 46% 48% Tex. & Pacific, ic 4 ) 33% 84% 33% Tot*. Prods 74% 73% 731, 74 * Trans. Oil 17 10% IT 17 Galon Dll 22% 22#4 22% 22% Cnion Pacific ....140 130% 139% 139% United Drug ... 79 78% 79 80/ United I-’rult ..142% 142% 152% 162% V S Retail S.. 67% 65% 00% 07% Cast Ir-n Pipe. 35% 85% 33% 33% U S Ind Alcohol 55 54% 54% 54% U S Rubber 05% 0-1% 64% 64% U S Smelting.. 44% 44% 44% 45 17 S Steel 102 101% 101% 101 U S Steel pfd..118% 11.8 118% 118 Utah Copper .. 68*4 07% 67% C 7% Vanadium Steel. 52% 60% 60% 61% Wabash 11 10; 11 10% Wabash Ist pfd 32% 81% 32% 32 Worth Pump... 53 52% 62% 62% Western Union.. 98% 98% 98% ... West’house Eloc 63 62% 02V4 62% White Motors .. 49% 49% 49% 49 Willys-Over .... 8% 8 8 8% White (111 10% 10% 10% ... Woolworth 158 138 158 NEW YORK LIBERTY BONDS. —May 20- Prev. ligh. bow. Close, close. Liberty, 3%* >-70 99.04 99.70 99.5S Libertv, Ist 4*4 s . '9O 99 82 99.80 99.94 Liberty, 2nd 4%s 972 99.00 99.72 99.74 Libertv, 3rd 4%s 99.08 99.04 99.96 99.!*4 Libertv. 4th 4%s 99.94 99.90 99.90 99 94 Victory, 3%h 100.00 100.00 Victory, 4-%s 100. SO 100.74 100.80 100.74 CHICAGO STOCKS. (By Thomson & McKinnon.) —May 20. Open High Low Closo Am. Khip’bldpr.. 75 Armour Cos. pfd. 96% 97 90% 97 Armuhr Lea. ... 12% Chic llys. pfd... 8 Chi. EL pfd 7*4 Cudahy 65 Com. Edison . 180% 131 130% 131 Con. Motors .. B*4 Deere Cos. pfd... 77% 77% 77 T 7 Ear* Motors 4% 4% 4% 4% Libby-MeNeill . 2% 2% 2% 2% Mont. Ward ... 22*4 23% 22 23% Nat. Leather new 8% 8% 8% 8% Pick & Cos 20% Piggly Wiggly. -12% 44% 42% 43% Quaker Oats.... 95 Stewart-Warner. 40% 41 40% 41 Swift & Cos. .. 102% 103 102% 103 Svtift Inti 20% 20% 20% 20% Thompson J. R. 49 49 48% 48% Temtor Corn... 2% Union Carbide.. 57% 57% 57% 57% Wahl 63 63 68 65 Wrigley 102 Yellow Taxi ... 72% 73 72% 78 NEXT YORK HIDES. NEW YORK, May 20.—Hides were firm on the market today, native ateer bides' selling at 13%c and branded steer hide* at 13c. . • "Tiiifeiiteniiiiiifeiiiia
SWINE STEADY TO 5 CENTS LOWER Cattle Values Steady to Strong —Veals Decline. RANGE OP HOG PRICES. Good Good 1 Good My Mixed. Heavy. Light. 13. $10.75 @ 10.85 [email protected] [email protected] 15. [email protected] [email protected] [email protected] 16. [email protected] [email protected] [email protected] 17. 10.80 @10.90 [email protected] 10.95 @ll.OO 18. 10.80 @ 10.90 10.70 @ 10.80 [email protected] 19. 10.80 @ 10.90 10.7 5 @IO.BO [email protected] 20. [email protected] 10.70 @ 10.80 [email protected] Swine prices were steady to 5 cents lower in trading on the local livestock exchange today, with receipts for the day close to 6,500 and ttye demand fair. Both shippers with Eastern house connections and local packers were in the market. There was a top of $10.93 on light swine. This was 5 cents below the top of the market of the previous day. The bulk of the light swine brought $10.90 10.95, end the bulk of the sales for the day range at $lO SOfti 10.90. Mixed and mediums brought $10.75(ij 10.90 and heavies, slo.6*Xalo 80. The demand for pigs was slow anu prices were lower. Pigs brought $10.50 generally, although there were a few'sales of this grade of swine that sold with the loads and at the prices of the loads. Roughs were in good demand at steady prices, bringing $9449.30. Stags were steady at $6.50fgi7.50. A fair clearance for the day was anticipated. Cattle values were steady to strong generally, with receipts light at less than 130, the quality good and the demand good. One or two of the local packers were in the market, but speculators were the principal buyers. Veals were 50 cents lower generally, with receipts light, but the shiping demand poor and Eastern market prices lower. There were less then 100 sheep and lambs on the market, and prices were about steady. HOGS. 100 to 180 lbs. average $10.90'!? 10.95 Over 300 lbs 30.0U^.10.75 150 lbs. to 300 lbs IO.TOii ll.uu Best pigs, under 140 1b5.... [email protected] Top 10.95 Rough* o.oo® 9.56 Stags 6-50® 7.50 Bulk of sales [email protected] —Cattle ■ Few choice steers 7.83 Prime corn-fed steers, 1.000 to 1,800 lbs 7.40® 7.63 Good to choice steers, 1,200 to 1,300 lbs 7.00® 7.35 Good to choice steers, 1.100 to 1,200 lbs 6.50® 6.85 Good to choice steers, 1,000 to 1.100 lbs 6.00® 6.35 Common to medium steers, 800 to 1,800 lbs 5.50® 5.23 Cows and Heifers— Good to choice heifers 7.50® 7.85 Medium heifers 7.00@ 7.35 Common to medium heifers.. 5 75® 6.75 Good to choice cows 5.75® 0.63 Fair to medium cows 4.00® 5.25 Canners 2.50® 3 75 Cutters 2:50® 3.75 —Bulls— Fancy butcher bulls 5.50® 6.00 Good to choice butcher bulls. 5.00® 5.75 Bologna bulls 3.75® 4.50 Light bologna bulls 3.50® 4.00 Light common bulla 3.25® 3.30 —UtUvrs— Choice Teals [email protected] Good veals . 9 00® 10 00 Medium veals 80s)® 8.50 Common to heavyweight veals 7.00® 0.00 Lightweight veals 6.50® 7.00 —Stockers and Feeders— Good to choice steers under 800 lbs -, 5 75® 7.00 Medium cows 2 50® 4 00 Good cows 8.25® 4.25 Good heifers 5.75® 6.73 Medium to good belfers 4.50® 5.73 —Sheep and Lambs— Cull ewes 2.00 Good to choice ewes 2.00® 4.50 Bucks 2.00® 3 00 Clipper iambs [email protected] Wool lambs 10 00® 13 00 Springers 12.00(*i 15.00 Buck lambs 5.00® 6.00 Culls 2.50® 4.00
Other Livestock
CHICAGO. May 2').—Hogs— Receipts, 8,000; market steady to strong; bulk of sales, $10.50® 10.95; top, $11; heavies, $10.75® 10.90': mediums, sl') 85® 10.95; lights, $10.95@11; light lights. $10.2.7® 10.90; heavy packing sews, smooth, s9® 10; packing sows, rough, $8.40@9; pigs, $9.50@10,35. Cattle—Receipts, 500; marlet steady generally. Sheep and lambs Receipts, 3,.>00; market steady generally. CINCINNATI, May 20—Hogs—Receipts. 2,500; market steady; nil grades good hogs, $11; pigs, $lO 50; roughs, $9; stags, $5 75. CHttle—Receipts. 3(H); market steady; bulls, steady; calves, $lO. Sheep and lambs—Receipts, 1.300; market steady; ordinary ewes. [email protected]<); good to choice iambs, sl6® 16.50; seconds, slo® 11; culls, s7®B. CLEVELAND. May ’ 20.—Hogs—Receipts, 1,500; market, 10c higher; yorkers. nixed, mediums and pigs, $11.25; roughs, $8.50; stags, $5.50. Cattle —Receipts. 10*'; market, steady; good to choice steers, $8.28®8.75; good to choice heifers, so® 7; good to choice cows. [email protected]; fair to good cows. $5.50®0.50; common cows, s3@4; god to choice bulls. so@7; milkers. $35®75. Cheep nnd iambs—Receipts. 600; market, steady; tp, sl3. Calves — Receipts, 2(X>; market, active; top. $11.50. EAST ST. LOUIS, May 20.—Hogs—Receipts, 4.000 ;inarket, steady t<> strong; mixed amt butchers, $10.85® 10.95; good heavies. [email protected]; roughs, $9.25® 9. (0; lights, $10.90® 10.95; pigs, $10.50® 10.90; bulk of sales, $10.90® 10.1*5. Cattle —Receipts, 300; market, steady; native beef steers. sß@9; yearling steers and heifers, $8.50®9; cows. [email protected]>0; Stockers and feeders, $0.25®7; canners and ; cutters. $3.25®4.50. Sheep und lnmhs— j Receipts, 300; market, steady; mutton j ewes, [email protected]: good to choice lambs, j $11.50® 12 ; canners and choppers, sl@3. | EAST BUFFALO, May 20.—Hogs— Receipts, "2,000; market, active; yorkers. [email protected]; pigs sll 35®11.40. mixed. $11.35®11.50; heavies, $11.25; roughs, $9 ® 9.25; sings, ss@6. Cattle— Receipts, less than 100; market, slow; feeders. s6® 7. shipping steers, [email protected]; butcher grades, $7.25® 8.25; heifers. $5 [email protected]; cows, $2.50® 6.50; bulls. [email protected]; milk cows and springers, $45@125. Sheep and lambs—Receipts, liH): market, slow; choice lambs, st2@l3. cull to fair lambs. ss® 11 75; yearlings, s7® 11; sheep, s3® 8.60. Calves—Receipts. 200; market, active; cull to choice, [email protected]. PITTSBURGH, May 20.—Hogs—Receipts, 1,200; market, steady; prime heavies, $11.10@1L20; mediums, $11.35. heavy yorkers, $11.35; light yorkers, [email protected]; pigs. $11.35® 11.45 ; roughs. $8®8.35; stags [email protected]; heavy mixed, [email protected]. Cattle —Receipts, 100; markid, steady.' choice. [email protected]; prime, $8 0O@9; good. $8(1(8.50; tidy butchers. $7.50®8.25; fair, so.<[email protected]>; common, $5 @0.50; common to good fat bulls, s3® 6.50; heifers. $5.50<gt>.75; fresh cows and springers, $35®75. veals, $11.50; heavy und thin calves, [email protected]. Sheep and lambs —Receipts, 300; market, steady; prime wethers. $7.50® 8; good mixed* $6.50 @6.75; fair mixed. ss@6; culls and commons, s2@s; good to choice lambs, sl2® 12.50; springers, [email protected]. INDIANAPOLIS PRODUCE. Eggs—Fresh, 22<g23e. Butter—Packing stock, 10@l7e. Poultry—Fowls, 19@23c ; leghorn fowls, 17c; broilers, 1%@2-lb size, 45c; broilers under 1% lbs, 38c ;i leghorn broilers at discount; cocks, 13c: 1 stags. 13c: young hen turks, 8 lbs and j up. 30c; old tom turks, 25c; young tom j turks, 12 lbs up, 30c: cull thin tnrkevs ' not wanted; ducks, 4 lbs and up, 10@17c; geese, 10 lbs nnd up, 14c: squabs, 11 lbs to dozen, $5.50@0; old guineas, per dozen $3. Blitter—Local dealers are paying 35® 36c per lb for butter delivered In Indianapolis. Butterfat —Local dealers are paying 35c per lb for butterfat delivered in Indianapolis. NEW YORK WOOL. NEW YORK, May 20.—W00l prices were firm on the market here today. Domestic fleece, XX Ohio was quoted'at 35® 59c per pound; domestic pulled, scoured basis, at 50e@$l per pound hnd Texas domestic, scoured basis, at [email protected]. / ' V NEW YORK PETfiOOT’ ! NEW YORK, Ms- 4 y ) prices were steady of the market ’ ■* crude petrp 1 JM Jam . t. a,
GRAIN VALUES DROPSHARPLY Local Interests, Large Holders of Grains, Sell Freely. CHICAGO, May 20.—May wheat we* sold freely on the Chicago Board of Trade today, driving quotations down sharply. Selling was reported to come largely from local interests, who are heavy holders of May wheat. Other grain quotations dropped In >ym. pathy. Corn and oats showed a strong under, tone, despite the wheat slump. Provisions were irregular during late, as well as early, trading. May opened off %c at $1.39, and closed off 3%c. July wheat opened up %c aC $1.24%, and closed off lc. September w heat opened up %c at $1.19%,.and cloaega Off %c. Kfc. £3 May corn opened ami closed up %c. July at 04-Vi at. the start and c^HHsfiT'■*%*)• September corn opened #1 Uo).>c. and closed up.%c. ail May oats opened and closed off %c. July (M K opened Up V4c at 39%c, and closed*offlKc- September oats opened *up %c at 40%0 and clofeed unchanged. (By Thomson & McKinnon.) —May 20— Wheat—English markets today are sympathetic with North America, but, at the same time, are characterized by rather free offerings of Manltobas and Argentine, with buyers by no means confident. Dur market gathers its impetus from the unexpectedly large nnd continued movement of old wheat from the Southwest to terminal markets. All points are experiencing a very poor demand, ancr as a result, the relatively high price of May wheat in Chicago is proving attractive to outside holdings. It is the belief of some that the accumulations in this market by the end of this month will be burdensome in size, and it la also believed that the only outlet will be the domestic milling demand, which will probably not be urgent in the face of the impending movement of the new crop. A poor demand underlies the entire market, and, in addition to this, the weather over the winter wheat area is cool and showery, wlych is desirable. The present condition argues this view, because of uncertainty of the crop between now and harvest. Corn aud oats—Country offerings of both corn and oats are moderate. On the other hand, the export and domestic trades are not brisk. Between these opposing factors the markets are negletced and uninteresting. They display no individuality, being simply a minor reflection of wheat. Immediate motives for higher prices are not in evidence, but we feel that all reasons for lower prices have had full influence. Provisions—ln provisions, as In grain, there is a disappointing foreign demand, and because of tills, there is liquidation going on. It is not believed that receipts of hogs will be heavy, nonetheless, a little depression iu price is natural at this time of year. CHICAGO GRAIN TABLE. —May 20— WHEAT — Open. High. Low. Closa. May 1.39 1.4 u% 1.35% 1.35% July 1.24% 1.24% 1.23% 1.23% Sept.... 1.19% 1.19% IJB% 1-18% CORN— May 61% .61% .61% .61% July 64% .04% .64 .64% Sept.... .60% .66is ' .66% .66% 0-1 IS— - May 37% .87% .37% .37% July.... .39% .39% .39% 219% Sept 40% .41 .40% .40% PORK •May ..... ■•. 23.20 LA R D—•May 11.40 July U.CO 11.00 11.42 11.47 Sept.... 11.79 11.72 11.67 11.70 RIBS— Mav 13.10 13.30 13.00 13.30 July 11.95 12.02 11.92 12.00 Sept 11.88 11.90 11.55 11.85 It Y E May.... 1.07 1.08 1.06% 1.00% July.... 1.07% 1.07% 1.05% 1.05% Sept 99% .99% .99% .99% •Nominal. CHICAGO CASH GRAIN. CHICAGO, May 20—Wheat—No. S mixed, $1.30; No. 4 mixed, $1.29; No. 2 hard winter. $1.30. Corn—No. 2 .mixed, 02%c; No. 2 white, 02%@02%c; No. 2 yellow, 62%@02%c. No. 3 mixed, 01%® 61-%c; No. 3 white, 01%c; No. 3 yellow, 02e. No. 4 white, 61 %e. Oats—No. 3 white, 39%@10%c; No. 4 white, 37%® 38%c. TOLEDO SEED AND GRAIN. TOLEDO, May 20.—Cloverseed—Cash, Cash. $13.75; October, $11.75. Alslke —• Cash. $11.50; August. $11.75; October, sll.lO. Timothy—Cash. $3.10; May. $3.10; September, $3.40; October, $3.25. Wheat —Cash, $1.36%® 1.38; May, $1.36%; July, $1.26. Corn—( ash, 67@0Sc. Oats—Cash, 43%@15%c. Rye—Cash, $1.07%. Barley —Cush, 69c.
PRIMARY MARKETS. (By Thomson & -McKinnon,) May 20. —RECEIPTS— Wheat. Corn. Oats. St. Joseph .... 24.000 32,000 4,000 Chicago 420.000 218.000 215.000 Milwaukee ... 4.000 74,000 129,000 Minneapolis.. 164.000 22,000 105,000 Duluth 88,000 42.000 18.000 St. Louis .... 64,000 47.000 114,000 Toledo 11.000 11,000 16.000 Detroit 5.000 4,000 Kansas City.. 308.000 21,000 12.000 Peoria 9.000 42.000 77.000 Omaha 163.000 112,000 - 46.000 Indianapolis.. 10.000 45,000 46,000 Totals 1,270.000 666,000 786,000 Year ago... 901.000 5**9,000 445,000 —SHIPMENTS— Wheat. Corn, Oats. St. Joseph..., 18.000 28.000 8.000 Chicago 17.000 22,000 168.000 Milwaukee ... 34,000 21,000 119.000 Minneapolis.. 85.000 48.000 298,000 Duluth 98,000 127,000 St. Louis.... 77.000 101,000 61.000 Toledo 5,000 1.000 20,000 Detroit 7,000 Kansas City.. 383.000 84,000 19.000 Peoria 2,000 16.000 72.000 Omaha 112,000 106.000 56.000 Indianapolis 11,000 26,000 Totals 831.000 52.000 842.000 Year ago... 790,000 370,000 322,000 —CLEARANCES— Wheat. Corn. Oats. New York.... 133,*100 210,000 834,000 Boston 65,000 Philadelphia 56,000 Totals 133,000 266.000 880,000 Year ago... 170,000 63,000 INDIANAPOLIS CASH GRAIN. —May 20— Bids for car lots of grain and hay nt the call of the Indianapolis board n Trade were: Wheat—Easy; No. 2 red, [email protected]. Corn —Steady; No. 3 white, 65@65%C| No. 4 white. 64@64%c; No. 3 yellow, 64%@C5c; No. 4 yellow, 63%@64c; No. 3 mixed, 64@64%c; No. 4 mixed, 6S@ 03 %c. Oats —Steady: No. 2 white, 42@43c| No. 3 white, 41@41%c. Hav —Firm: No. 1 timothy, $19.50020; No. 2 timothy, [email protected]; No. 1 light clover mixed, $15.50®19; No. 1 clover, $20@30. —lnspections Wheat—No. 2 red, 1 car; No. 8 red, 1 car;-No. 4 red, 2 cars; total, 4 cars. Corn —No. 2 white, 3 cars; No. 3 white, 1 car: No. 4 white, 4 cars; No. 8 white, 1 car: No. 3 yellow, 1 car; No. 4 yellow, 2 cars; No. 5 yellow, 3 cars; No. 6 yel* low, 4 cars; No. 2 mixed. 1 car; No. 4 p->xed. 1 car: No. 6 mixed, 2 cars; sam-* pie mixed, 1 car: total, 24 cars. Oats—No. 1 white, 1 car; No. 2 white, 2 cars; No. 3 white, 11 cars; No. 4 white, 4 cars: sample white, 1 car; No. 1 mlxedj I car; total. 20 cars. / Rye—No. 2, 1 car. / BOARD or TRADE STATESOOpg. The weekly statement of the IndiaftfiMr 11s Board of Trade, showing the oot|S| of flour by local mills. Inspections? the week a’nd stocks in store, follow*V * COMPARATIVE Output of Flour— • Mk Mav i3,’ 1922 !!"!!ITITTmm. May 20. 1921 * fcWB May 22, 1920 .j^yJS,962 Inspections for Week— 1921 1922 Wheat *£oo* II Hay—B eurik *" } fTOCfc OMPTore. Oats. Bye. iM*y 20, 22...87 000 218.000 150,000 .. ... May 21, .194,120 151,950 4.500 ,1 pfr. ilgn 2Q7.RIQ &T3L630 Iftl oy* 1 flitl ■■■' .-■
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