Richmond Palladium (Daily), Volume 41, Number 186, 23 June 1916 — Page 9

PAGE NINE ;

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, FRIDAY, JUNE 23, 1916

ocal and ioreion

WHEAT CFEKSKW ON CHICAGO BOARD

CHICAGO, June 23. Wheat opened it c to He lower cn the hoard today. After fifteen minutes trading U went back to yesterday's close. Corn thowed more strength on fair cables and opened ic higher. Trading M-aa light. Oats followed corn and was unchanged to c higher. June low prices were made on wheat today, and July futures fell below the dollar level. Liquidation was heavy and there was short selling in addition, while at the same time buyers backed away from teh grain on sale. Net losses were ishown of 2c to 274c. The crop reports that came forward were bearish. Corn closed 1 to 2c lower, and oats were c to lUc lower. Hoj? products were 12Vfec to 40c lower, with pork the weakest spot on the lift.

GRAIN

CHICAGO FUTURES

Open. nish. Low. Close WHEAT July 102 102 93 &?34 Sept 105 105 102 102 CORN July 73 U 73 71 71 Sept 72 72 70 70 OATS July ..... 30 40 39,i 394 Sopt. 33 39 38 38

TOLEDO GRAIN TOLEDO. June 23. Cash wheat, Sl.OfiVa. July $106. Cloverseed: Cash "$8.70. October $8.85. Alslke, S9.F.0. Timothy: Cash $3.25, September $3.35. CINCINNATI GRAIN CINCINNATI, June 23. Wheat: No. 2 red winter $1.091.12. No. 3 $1.041.09; sales. 10 cars. Corn: No. 2 white 78 V2 fa 79; No. 2 yellow, 78i(Ji79; ear, 76 77. 78 Vi. Ear, 76(377. Oats: No. 2 mixed. 3940c.

CHICAGO CASH CHICAGO. June 23 Wheat: No. 2 red and No. 2 hard winter $1.02VbCorn: No. 2 white 75. No. 2 yellcw 75Vj76, No. 4 white and No. 4 yellow 74. Oats: No. 3 white 38? 40, No. 4 white 38439. standard 4Qi 40.

LIVE STOCK

CHICAGO UNION STOCK YARDS. 111.. June 23.--Hogs: Receipts 26,000, market 10(f?15c lower; mixed and butchers $9 40i&9.95, good heavies $9.4010; rough heavies $9.059.95. light $9.30 9.90.. pigs $8.259.00, bulk of sales $9.75 9.90. Cattle: Receipts 1.500, market steady; beeves $8.2511.40, cows and heifers $3.935? 9.50. stockers and feeders $5?8.75. calves $811.90. Sheep: Receipts 11.000, market steady; native and westerns $79, lambs $7.50(11.35. INDIANAPOLIS INDIANATOL1S. June 23. Hogs: Receipts 11.500, market 25o lower; best hogs $9.10. heavies $9.60. pigs $6tff9.35. bulk of sales $9 60. Cattle: Receipts 4.o, market steady; choice heavy steers $911. lifcht steers $8 $9 75, heifers $5.509.25, cows $5.25 $8.50. bulls $58. calves $5 11.50. Sheep and Lambs: Receipts 500, market steady.

PITTSBURG Cattle: Market steady: choice tteers. $10.50; god steers $9.7510.25; tidy butchers. $9.7510.25; fair, $8.25 tf?9.00; common. $6.757.75; common to fat bulls, $5.00(8.50; common to fat cows. $4.008.00; heifers. $6.00 8.75; fresh cows and springers, $4.00 (f(6.00; veal calves. $11.50. Sheep and lambs: Prime wethers. $7.707.75; good. $6.75(0" 7.40; spring lambs, $7.00(511.55. Hogs: Receipts. 20; market steady; prime heavy. $H.10; mediums. $10.10; heavy yorkers. $10.10; light yorkers, $!.$; pigs. $9.50; roughs, $S.75 9 00; stags. $7.00$J 7.25; heavy mixed, $10.10.

PRODUCE

NEW YORK NEW YORK. June 23. Live poultry irregular; chickens 2526, fowls 18 19. Butter, fairly steady; creamery firsts 28029c. Eggs. 22g23V2.

CHICAGO CHICAGO. June 23. Butter: Receipts 15.651 tubs: firsts 26Va27. Eggs: Receipts 18.375. firsts 21f&21. Live Poultry: Chickens 16Vi, springers IS. roosters 1H. Potatoes: Receipts 15 cars; Wisconsins $11.15.

CINCINNATI PRODUCE Butter Creamery whole milk extra 32c, centralized extra 30c. do firsts 26 c, do seconds 23 Vic. dairy fancy 24c. Eggs: Prime firsts 22. firsts 21. ordinary firsts 20V6, seconds 19c, duck 22c. "Poultry Broilers 1 to 1H lbs 23c,

broilers over IY2 lbs., 27c; roosters 11 c, hens 4 lbs and over 17c, under 4 lbs 17c. Strawberries Home-grown Candy's $1,250 $1.50 per 24-quart crate, Aroma $1.2501.50 per 24-quart crate. Potatoes Eastern Cobbler $4.50 4.75 per brl, Mississippi $1.50 1.75 per hamper, Southern $2.40Q2.50 per 90-lb sack. Sweet Potatoes Alabama sells at $1.00,1.25 per hamper. Tomatoes: Texas sell at 60?0c per 4-basket crate.

NEW YORK EXCHANGE CLOSING QUOTATIONS American Can, 52. American Locomotive, 67. American Beet Sugar. 87. American Smelter, 93. Anaconda. 79. U. S. Steel, com., 83. U. S. Steel, pfd., 117. Atchison, 103. St. Paul, 96. Gt. Northern, pfd.. 120. Lehigh Valley, 77. N. Y. Central. 107. N. Pacific, 1077. S. Pacific. 96. U. Pacific, 136. Pennsylvania, 57. Bethlehem Steel, 422.

RICHMOND MARKETS

GLEN MILLER PRICES HOGS Heavies $9.25 Heavy mixed $9.00 Mediums $9.00 Heavy yorkers $9.00 Pigs $73 Stags $4.5006 CATTLE Butcher steers $7.C0??8 fl0 Heifers $67.50 Cows . $5.507.00 Calves $5.0010.00 SHEEP Top !amb3 $9.00 Sheep $5.009.00

lump, $4.50; Indiana lump. $4.00; Hocking Valley lump. J4.50; Jewel INDIANAPOLIS REPRE SENTATIVE SALES

HOGS

11 Ill $925 7 382 9.30 4 327 9.50 73 119 9 55 90 '.. 270 9.90 STEERS 3 S63 8 25 3 663 5.75 13 704 6.50 2 565 7.20 3 963 8.25 4 ' 1110 9 00 HEIFERS 2 730 50 2 800 7.00 2 670 7.95 785 8 00 2 580 P.00 COWS 2 S00 4 50 9 910 5.50 2 1030 6.25 4 972 625 1 1030 7.25 BULLS 1 880 5 50 1 1250 6.25 1 1300 7 25 CALVES 1 350 7.50 I 260 1000 3 113 10.75 0 " ' 115 1100 1 ' ' 160 1150

SULLA JOY RICES IN MURRAY AUTO

PRODUCE (Corrected Dally by Edward Cooper) Old chickens, dressed, paying 20 to 22c. Country butter, paying 20c to 22c; sel!in 25c to 30c. Eggs, paying 18c, selling 23c. Country lr.rd. paying 12c; selling 18c. Creamery butter, selling 35c. Potatoes, selling $1.80 per bushel. Spring chickens, dressed, paying 30c; selling, 33c.

FEED QUOTATIONS lump, $4.75; Yellow Jacket lump $4.75; Tennessee lump. $5 00; coke all sizes. $7.00; nut and slack. $3.50; Jackson, $5.75; Kentucky lump. $4.75; Wlnfred washed pea, $4.25. Clover hay. $12.00. Timothy hay, selling $17.0018.00. Oats, paying 35c. Corn, payinc 65c. Middlings, $27.50. Oil meal. $38.50. Bran, selling. $26.00. Salt. $1.50 ton. Tankage, $48.00 ton. COAL QUOTATIONS (Corrected by Hackmn K!efv.h). Anthracite, chestnut, $8.50; anthracite, stove or egg. $8.15; Pocahontas, lump or egg. $5.00. mine run, $4.50; slack, $4.00; Winifred lump. $4.50; Campbell's 3ump, $4.t0; Kanawha

A "joy ride" taken by Joe Bulla in the delivery motor car of the O. G. Murray Poster Advertising company, last night, resulted in the partial wrecking of the machine. It is said that Bulla took the machine out of the garage last evening and went on a trip to New Castle. Prosecutor Reller was informed that he was accompanied by a woman. Returning home through Happy Hollow, a tire was punctured , but Bulla did not stop. Finally the rim band of the wheel broke but the car was not halted until the wheel collapsed, near the Happy Hollow bridge. Bulla is well known as a roller polo star and as a semi-professional baseball player. He was brought to police headquarters early this morning but was released later. Quite a number of beer bottle tops were found in the car by Murray this morning. Bulla has been employed as a driver by the Poster Advertising company.

MULES RUN AWAY; BUT DO NO DAMAGE

A mule team belonging to the Kramer lumber mill company started to run away this morning when it took fright at the fence and repair materials around the old Gennett theatre. The colored driver directed the animals towards the fence which surrounds the St. Paul's Episcopal church. Before they reached the fence, however, the wagon wheel caught on a lamp post on the corner and brought the team to an abrupt stop. No damage was done.

REBEKAH LODGE SOCIAL.

Eden Rebekah Lodge Number 30 I. O. O. F. will enjoy a social Saturday evening after the lodge meeting.

In France all medical prescriptions are written in the language of the country.

TO HELP CELEBRATE FOURTH OF JULY THERE

A committee of Dublin boosters were in Richmond today working up interest in the county wide picnic and general celebration to be held in Dublin on July 4, and they were assured that Richmond would do everything possible to make the event a complete success. Richmond business men were called upon and they were assured that Dublin intended to do itself proud on Independence day. Arrangements were also made for an automobile parade in which Richmond. Centerville, East Germantown and Cambridge City motorists would participate. The parade will start at Richmond about 9 o'clock in the morning and will arrive in Dublin about 11 o'clock. Machines will join the parading column at every point along the line. Automobile parades from a number of other Wayne county towns are to

HUGHES WILL MEET FAIRBANKS TODAY

be arranged, so that Dublin will be filled with motorists on the Fourth. Various events for the amusement of the visitors are to be arranged by the Dublin celebration committee.

NEW YORK, June 23. Charles Evans Hughes, Republican candidate for president, will confer with his running mate, Charles W. Fairbanks, this afternoon. Among those who visited the candidate today were Elihu Root, Robert Bacon, former ambassador to France, ex-Governor Franklin Murphy, of New Jersey and E. H. Hooker, treasurer of the Progressive national committee.

Immediate Shipme

from Stock Structural Shapes, Cold Rolled Steel, Bars, Plates, Sheets: Nuts, Bolts, Rivets, Rails, Spikes, etc.

W. J. Uolllday & C. himzMh

10 Dividend

Guaranteed-

by a company whose outstanding securities have a combined approximate market value of 20 million dollars. We are not advocates of indiscriminate speculation. Our business existence depends upon our advising wisely and well. But, as every experienced business man knows, there occasionally offers an opportunity to buy with reasonable safety, a security that pays an exceptionally high return on the investment with unusually good prospects of increase in value. Such we believe -is the stock ol The Cincinnati Gas Transportation Co.

irchase of which at

le involves a mini-

of risk with excep-

11 profit possibilities.

107 dividend is guar-

lease and con-

very attractive

Company has a

'income, based upon

es for transporting natural

pany is retiring through

sratioa of sinkiner fund $250,000

Snds a year, and has already

redeemed $1,303,000. This stock

should sell higher. Free of tax

in Kentucky. Price to net 8JS0 Writ for inttrtMtint facts get our fret ttnitrU meant mart than aradart

aimer

BONDS T&VSSSSf

wthon tuvsj sviuxna cincitiriATi.o.

awyer STOCKS

GAS ME WILL MP

AT LEAST TEH CENTS; CITY OFFICIALS BACK

INDIANAPOLIS, June 23. Members of the Indiana Public Utilities commission have indicated that an increase in the gas rate for Richmond will be authorized. This increase, it is believed, will not exceed 10 cents. The gas company petitioned for a SO cent" increase. The commission, it is understood, believes the company is entitled to a slight increase. Richmond now has a 40 cent rate. The hearing of gas rate case closed yesterday. The attorneys for the city and' company have been instructed to submit briefs, confined principally to the citation of authorities concerning the question of whether the valuation of the company's artificial gas plant, held to be not "used and useful," by the city, in the service of natural gas, has to be included as an item of the valuation on which rates are to be based. Contends It Is Too High. Testimony on the question of the valuation of the company's property on which the commission is to fix proper gas rates was heard. H. O. Garman, chief engineer of the commission, who had the charge of the staff of commission engineers who made an appraisal of the company's property, testified as to this valuation. The city is contending that the valu

ation of the property fixed by the commission experts is too high. The valuation fixed by engineers employed by the company is almost twice as much as this valuation. G. B. Taylor, formerly an engineer employed by the commission, and engaged by the city of Richmond to make an appraisal of the property, was the concluding witness. He estimated the value of the property, exclusive of necessary operating capital or going value, to be about $303,000. CLAIM A VICTORY. Mayor Robbins, City Atorney Bond and President Bavis of the board of public works returned from Indianapolis last night. They had been attending the hearing of the local natural gas rate case before the commission. All these officials are thoroughly satisfied that the efforts of the Light Hea. & Power company to secure a thirty cent increase have been defeated. They believe the commission members were impressed with the fact that the valuations established for the company's gas property by the company's engineers was excessive. Point to Engineer's Figures. They point out that the valuation established for this property by G. B. Taylor, an engineer representing the

city, was only about $30,000 less than

the valuation established oy tne commission's engineers. The lowest valuation fixed by any of the company's engineers was over $300,000 in excess of the commission engineers' figures. The city officials were greatly amused over the effect of . Samuel Wier, one of the company's experts, to create the Impression that the city had been "bunkoed" in the purchase of the electric plant of the L. H. & P. Driven into a corner on cross examination by City Attorney Bond, they say, Wier vented his indignation by shouting that the city had purchased a "gold brick," and by declaring that there was no town in the country where such a bitter feeling against public utilities existed.

HAROLD ENDORSES DUBLIN CELEBRATION

Complete endorsement of the Fourth of July celebration at Dublin was given today by Dr. I. S. Harold, president of the Wayne County Old Trails Road association. Dublin will be the only town in the county that will have a celebration of any proportion on that day. Members of all the township subcommittees of the Old Trails Road association have been requested by Dr. Harold to boost the Dublin celebration, and hundreds of automobiles will journey there to take part in the program. The program has not been announced, but is in the hands of a special committee appointed yesterday. Other committees are at work arranging for the affair, and invitations have been extended to all towns within a radius of twenty-five miles.

FOREIGN PRESSURE

TO PREVENT BRERK

WASHINGTON. June 23. A determined effort is being made today by certain South American diplomats in Washington, assisted by the Spanish ambassador, to prevent war between the United States and the defactc government of Mexico. This was admitted today by the Spanish ambassy. So far all of the efforts to bring about an adjustment are centered in Mexico City where pressure is being brought to bear upon the Carranzaista government. The United States has not yet been approached on the subject. a& cording to the Spanish ambassador and cannot be until Carranza taket some action.

CATTLE SHEEP anil GOATS Buy Your Stockers and Feeders , : . OF

Stanley

ORDER BUYER Room No. 564, Kansas City Stock Yards. References: Union County National Bank, of Liberty, Ind.. and Drovers' National Bank, of Kansas City, Mo. '

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