Richmond Palladium (Daily), 20 January 1906 — Page 6

THE MORNING PALLADIUM SATURDAY, JANUARY 20, 1906.

f AGE SIX.

STRONG ADVANCE . If! GENERAL LIST

BULLISH TONE PERVADES NEW YORK MARKET READING A FAVORITE. STEEL'S NEW RECORD Preferred Closes Above 111, the j Highest Since Company Incorporated. V,i..r V..vl- l.iiiii-irv Tl hl'l'l1 i it- jinn, uiuiuui j - " - ......- were large advances in special stocks at the opening of the stock market the metal industrials, the Goulds and Heading showing conspicuously. Prices were a fraction higher all around, in sympathy. A congestion of buying for 12,000 shares of Reading made it sell at the opening all the way from I-'jO to IZV2, compared with 148 last night. The price suhse(iiently rose to 152. Bullish enthusiasm rioted in individual cases, but there was enough stock ottered to keep a majority of the prominent stocks within fractional distance of yesterday's close. Stocks in which there is a relatively small public participation went up in a sensational manner, but their strength was of less effect on sentiment than the buying of St. Paul Union Pacific, New York Central and Reading. The market showed great animation and buoyancy during the second hour. The points of strength were exceedingly various and developed continually without regard to occasional realizing in some stocks. The uplift of prices to the extent of a point or more was almost universal. More conspicuous movements were: Heading 4; Louisville and Nashville, 2; Southern Pacific, fz Southern Railway and Illinois Central, 1; Anaconda, 10; Amalgamated Copper and Ilrooklyn Transit, 2; Sugar and Metropolitan Street Railway, 1, or more. The general market continued well sustained on a large volume of business. Chespeake & Ohio touched C01a, a rise of 2 points. . There was apparently no. limit to the demand for Reading, the tape frequently recording large consecutive transactions at an extreme advance of fVs. Anaconda made one of its characteristic movements, bounding up lO1, to 274. United States Steel preferred made a record for itself today closing above 111. This is the highest point the stock lias ever reached. NEW YORK STOCKS. (Furnished by O. G. Murray.) Amal. Cop Ill Am. C. & F. pfd 4.Va Am. Locomotive 77 Am. Smelt & Kfir ....17234 Am. Sugar Rfg 150 U Atchison .V4 Anaconda 2."2 Atchison pfd Baltimore & Ohio UTA P.rooklyn R. T )) Canadian Pacific 177rs C. M. & St. P 1S4 114 451, 77 172 1503! 03 ! 283 110 o 1 1 .. 8 1 I t 186 61 74 50 380 356 324 Chesapeake & Ohio . Colo. F. & I Erie Til. Central Louis. & Nash Met. St. R. R Mexican Central .. Missouri Pacific ... M. K. & T , .50 , 76 . 40 .170 .155 .123 . 26.106 ... 4S s 306 48 93 155 National Lead 1)5 N. Y. Central 153U, Nor. & Western . . . . ..... ssi 88 raeihe Mail . . 50 51 Pennsylvania 145K 114 People's (ias 300Heading 150 Kepublie Steel 37 Kepublie Steel pfd 108 Kock Island 24 .Kock Island pfd 62 Southern Pacific 68 Southern Kailway .... 39 Southern Ky. pfd Tenn. Coal & Iron 160 Texas & Pacific 30 Union Pacific 157 IT. S. Steel 45 IT. S. Steel pfd 109 Wabash 24 Wabash pfd 47 Western Union 100 1541 W 37 308 24 62 30 360 36 158 45 in 24 475 i Sales for noon 866,400 New York Money Market 4 and 4 per cent.

BEARS REVEL III ARGENTINE HEWS

Favorable Weather Report Exerts Depressing Effect on Wheat. Chicago, January 19. The weather in Argentine was again the ruling factor in determining the price of wheat at the opening of the market here. The reports were that the weather was highly favorable for the movement of the new crops and the news caused free selling by local traders. May opened a shade to I'e lower, and sold off to S7(a-SSc. The market later became weaker on selling induced by reports that there had been only little damage to the fall-sown crop by frost and wet weather. May declined to S7c. The close was weak, with May down ((l7s't at S7(is7J2C Export Demand for Corn. Small local receipts and continued good demand from exxrters caused a steady tone in the corn market, notwithstanding the early weakness of wheat. May opened unchanged to a shade higher, and during the early trading held within these figures. The market remained steady all day, the volume of business being small. The low point for May was reached at 4o1,.Jsc. The close was steady, with May off a shade, at 4",.ic Profit-taking by small holders had a depressing effect on the oats market. The selling was due largely to the easier tone in wheat. Provisions were a trifle easier, because of moderate selling by local packers. GRAIN AND PROVISIONS (Furnished by 0. G. Murray.) Wheat. May 8314 July .. 85 Corn. 87V 85 4514 43 32 30 $13.82 14.72 7.52 7.70 7.50 7.62 May July Oats. 45V4 43 3214 30 Mav July Pork. January $13,82 May 14.20 Lard. January May Ribs. January May 7.52 7.G7 7.50 7.65 THE PHILOSOPHY , OF INVESTMENTS. Investments come under three heads, gilt-edge, speculative, and wild-cat. A gilt-edge security as the name implies, is an investment which is, to all piactical purposes, absolutely safe. Such investments are government bonds first mortgage bonds of railways and corjxi rat ions, and the stocks of reliable companies and banks. Investments coming under the head speculative are of an uncertain nature. Being very risky their chief attraction lies in the high rate of interest thev ' Pa.v ol" in"muse to pay. A grea't many ot tnc industrial stocks listed on the New York, Chicago, and other stock exchanges come under this head. A wild-cat 'security' is neither an investment nor a security. It is generally nothing more or less than a swindle promoted by a band of clever rogues. All get-rich-uick schemes, most gold, silver or copper propositious promising enormous returns for a very small outlay, come under this head, and should be avoided like a piece of red hot iron. It is well to remember that 'something cannot be purchased for nothing ' A proposition is now being offered to the citizens of Kichmond which bears alt scrutiny as to iis being a gilt-edge seenrity. The South Side Improvement Association has recently increased its capital stock to $40,000 and is offering this new stock to all subscribers at its par value. $10 per share. The money raised by the Association is to be used in purchasing the Boyce farm (Reallview), which will provide half a mile of factory sites on either side of the 0. C. & L. R. R. tracks. This addition will fill a long felt want in Richmond and will mean much toward increasing the business, population, and general prosperity of the city. Committees are now waiting upon the citizens soliciting subscriptions to the stock.

GOOD ORANGES ARE PLENTIFUL

NOW AS CHEAP AS THE BEST GRADE OF EATING APPLES. TRUST CONTROLS BANANAS Lemons Selling For Thirty Cents and Come From California Instead of Sicily. Florida oranges are now at their Jit ninl virir-ps arc tlip plipnppsfr. that they will be this season. The groves in Florida have been sending ' out the best fruit ever grown in that state, and with the excellent facilities for transportation, oranges have been cheap and plentiful all winter, but not so much so as at the present time. Almost all the groceries of the city are having orange sales and fancy oranges can be bought for much less than good eating apples. Only a few California ""Navels" have put in their appearance so far, but more are being shipped and soon these oranges will take the place of the Florida fruit. California oranges are seedless, while the great majority of the Florida product is not, and for that reason the western fruit is generally more popular. Thousands of boxes of Florida oranges have been sold here this winter, however, and it seems that there are more being used each year. Florida Tangerines are extremely popular and are selling for twenty five to forty cents per dozen. Tangerines are small and have a taste peculiar to themselves and some buy no other variety of oranges. The supply of bananas is about the same as it usually is at this time in the year. There is a company that owns the plantations, steamers and controls transportation from plantations to steamers and from steamers to consumers, and the price is set at will. The public now pays 20 cents per dozen for bananas, this price being the standard for best fruit. Lemons of the best . variety ai-e plentiful and selling for 30 cents per dozen. Cheaper varieties bring 20 cents but the demand is almost always for the better grade of lemons. The supply is drawn almost entirely from California, where the best of lemons are now being raised. Only a short time ago lemons were all shipped from Sicily, but better fruit is now being grown in America. LOCAL MARKETS COUNTRY PRODUCE. . (Paid by the Bee Hive Grocery.) Butter. Creamery, 23c to 27c Country, 15c to 20c Eggs. Country, doz., 22c to 23c Poultry, Per Lb. Chickens, dressed, 12Ye Turkeys, dressed, ISc to 20c Ducks, dressed 10c to 17c PROVISION RETAIL PRICES. (Furnished by Bee Hive Grocery.) Fruits. Pates, per lb., , .10c Lemons, doz., 30c Apples, per bu., .$1.S0 to $2.25 Cal. Oranges, doz., 25c to G0c Cranberries, per qt., 20c Figs, per lb., 20c Bananas, doz., 15c to 20c Malaga Grapes, lb., 20c Crape Fruit, eacii 15c Strawberries, pr qt., $1.25 Vegetables. Radishes, per bunch 05c I Cabbage, per lb., 3c Lettuce, per lb., 20e Spinach, per lb., 10c Cal. Celery, bunch, 10c 3 bunches, 25c Cucumbers, each, 20c Egg Plant, 15c to 20c Tomatoes, each 5c Green Beans, per V. pk., 25c Potatoes. Jersey Sweets, per pk., 50c Common, per bu., 75c Flour. Pancake, per pkg., 10c Buckwheat, per pkg., 10c

Popcorn.

On cob, per lb., Shelled, per lb., .... 5c 10c Miscellaneous. Cale, per pk., .10c Maple Syrup, per gal., $1.25 j Extra Fine, per gal., $1.40 Honey, per lb., Maple Sugar, per lb., 15 Clam Chowder, per can, 25 WAGON MARKET. (Paid by H. J. Ridge & Son.) Corn. New Com, 35 to 3Sc No. 2, 50 lbs., 50c j Shelled, 55c Hay. " I Timothy, new baled, ..$9.00 to $0.50 New hay, $3.00 to $0.00 Mixed hay, baled, $8.00 Clover. Baled, : $7.00 Loose, $6.00 Seed, per bu:, $G.00 to $S.00 Oats. New oats per bu., 25c to 2Sc Sheaf oats, Sc to 10c Wheat. Wheat, GO lbs., 70c to $1.15 Miscellaneous. Rye, per bu., 50c to COc Straw, baled ,per ton, .$4.50 to $5.00 Millet, $jG.OO to $8.00 RETAIL MEATS. (Furnished by Hadley Meat Market.) Roast Pork, per lb., 12V2q to 15c .Veal, per lb., 10 c to 20c Beefsteak, per lb., P-V&c to 15c Fresh Pork, per lb., 10 c to 15c Chuck Roast, per lb., 10c Beef to boil, per lb., Gc to 15c Pork chops, per lb., 1-V-ic Fish, per lb., 15c JRicInaond Livestock. (Paid by Richmond Abbatoir Co.) Hogs, top heavy, $4.60 to $4.75 per hundred. Hogs, '400 lbs., common and rough, $4.50 to $4.75 per hundred. Hogs, 200 to 250 lbs average, $5.00 to $5.25 per hundred. , Choice butcher steers, $3.75 to $4.25 per hundred. Lambs, $5.50 to $6 per hundred. Calves $6.00 to $6.50 per hundred. Bears the Signature of The Kind You Have Always Bought REAL ESTATE TRANSFERS. William T. 15. Wickes and wife to Bessie Leourens Leonard Wickes part N. E. quarter section .10, Jackson township, Vo acre; $75.00. AVilhelmina B. Tate, executor, to Mariie II. Miller, part lot 9 and 10 Biekle and Laws addition to Richmond, on Main street; $3500. Virginia Tate to Majrgie II. Miller part lots 0 and 10 Bickle and Laws addition to Richmond, Main street; $1.00. Harry C. Collins to Wilbue G. Albin, part lot 5 John Morris sub-division, south 2nd street, Richmond; $7000. Frank M. Price to Bert Ewbank et al., part fractional section 0, Wayne township, 4 acres, 150 rods; $800. Ida J. White to Frank M. Price part fractional section 0, 4 acres 150 rods, Wayne township; $S00. Alpheus Wickersham to Daniel W. Smith and Cora E. Smith part east half X. W. quarter section 13, Cen ter township; $1200. Sarah Beeson to Alonzo M. Gard ner, part lots 2 and 15 in Fiuntain City; $400. Albert X. Bunker to Claude W. Addleman lot 2G0 Havnes' addition to Richmond; . .2000. William F. Swain to William L. Fonts, part N. W. quarter section 5, Perry township 51 acres; $2500. William F. Swain to Newman S. Mendenhall part N. W. quarter section 5, 51 acxes, Perry township; $3,500. Hermon Moelk.Admr. to Catherine Moelk S. 12 lot 101 and 40 feet X. side not 100, Bickle and Laws addition to Richmond, south 10th street; $1200. :9heo?erzdedfl't0vu .r. . 4 3t.v71 i The Palladium wants the news. It will pay one dollar, ($1.) for the best piece of LOCAL news broneht, sent or telephoned EXCLUSIVELY to this paper before February 1. MONEY LOANED. At low rates easy terms. Thompson's Loan and Real Estate Asrency, 10 N. 7th street. l-19-fri&sat-tf

Palladium want ad pay.

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"USE UNCLE SAM." Do not think that it is dtfficult to do a banking business simply because you live a little distance out of town. Send us your check or other items by letter and they will receive careful attention. We cheerfully answer all correspondence and look after all matters entrusted to us on the day received. First National Bank. Richmond, Indiana.

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SAVING MONEY IS A HABIT Start with the New Year Dickinson Trust Company offers you the services of its Savings Department. $1.00 opens an account and 3 per cent, interest. A STRONG BANK A SAFE HARBOR FOR YOUR SAVINGS CAPITAL, - - $100,000.00

Cook With Our as ! BEST FUEL ItylCHMOND $1.00 Per 1,000ICubic Feet RICHMOND LIGHT, HEAT AND POWER COMPANY

I Want the Gash To make four good first mortgage loan's with. From $300 to $800. MORGAN, 8th and North E Sts.

Business

ALPHABETICALLY ARRANGED.

INSURANCE. E. W. COLVIN, Fire Insurance, City and Farm. Telephone 553. 920 Main street. The leading Real Estate Man in Richmond, WOODIIURST, 913 Main. Farms and city property. Fire Insurance. tf. SLACK'S 15c Dinner Beats Them All. 42S Main. IS THE NUMBER IS THE STREET WHERE FIRE INSURANCE Is Written by J. M, WILLIAMS CALL AND LET US TALK g ABOUT IT ...MERCHAHTS, DELIVERY in PHONE 758 TRUNKS, BAGGAGE PROMPTLY DELIVERED. Headquarters at Weyant's Harness Store.

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o o o o o o o o o o o "8 o o ; . Dire TEAS AND COFFEES. GREAT ATLANTIC fis PACIFIC TEA CO. Extra S. & II. trading stampo with our tea3, coffees, bakiag powders, extracts and spices. 727 Main street. IREDELL & FERGUSON. Fire Insurance. 4 North Ninth St. Tel. 626. Notary Public. Palladium For Job Work. he-Reason WE represent the Oldest and Strongest Insurance Companies. WE adjust our ow n losses and pay them without discount. WE insure you and your bank against burgi,ary as well as against Fire, Lightning, Tornado, Boiler Explosion, Liability and Accident. WE are: not a trust ard not connected with any of the big eastern corporations at ptesent under investigation. WE insure your life ard property at reasonable rates, and in companies of which each director is individually liable for their proper management. WE don't ask you to pay a year or more m advance, unless you yourself insist uoon it. YOUR CREDIT IS GOOD. Vou should insure witli the RICHMOND INSURANCE AGENCY, H.N, ROLL, Mgr. 11 South 7th St., Richmond, Ind. Telephone IL. Correspondence Sollicited. TO CUIiE A COLD I705C 1AT 9&k LazatW Bramo Qui Dine Tablet. AO dragg-iBta refund the money if it foil to car. W. UroT rntirr iz o each bt 25o

ctory