Richmond Palladium (Daily), Volume 44, Number 316, 20 October 1919 — Page 10
THE RICHMOND PALLADIUM AND SUN-TELEGRAM, MONDAY, OCT. 20, 1919.
STOCK MARKET FLUCTUATIONS DISCOURAGING
Situation Looks Good for Ultimate Consumer, But Bad for Farmer.
ALL'S QUIET IN EAST CHICAGO AS MILITIAMEN PATROL STREETS
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By WILLIAM R. SANBORN A review of last week's fluctuations at the live stock centers, presents a rather discouraging aspect to farmers and shippers, who have been fattening on high priced feeds in anticipation of better prices during the fall months The decline has been so unexepcted and so precipitate that feeders have almost lost their bearings and, in some instances, their nerve, and are letting go, regardless, just when, they most likely, should be holding on. At the present low average level for cattle and hogs, and with cooler
weather, consumption of meats should largely increase, for certain it is, that many have stinted in their outlay for meats, both on account of high cost and because of weather conditions for several months. This is especially true as to fresh beef and por, which are largely cold weather foods. The fact that new corn is ever so much lower than recent prices on the old crop. Is of little benefit, right now. All feeding combinations, though some lower, are still relatively high, coinpared with new corn, and the. animals now being marketed were fed on the very highest priced feeds. This is particularly true as to "finished" cattle, and that these have advanced in price during a general decline is an evidence of scarcity of prime stock. But regardless of this fact, the receipts of cattle at Chicago last Monday, 31,000 head, were the largest of any day since early last January. So few prime steers were in the offering, however, that these advanced to $18.75 on Monday, and reached $19.40 for top on Saturday, in the face of a decline for the average run of cattle duiing the week. Indianapolis Pays $19.50. The top on prime steers at Indianapolis last Saturday was $19.50, or
.iv wiiua uvci iu vunot;u tup, w uu choice steers bringing from $18 up. ; Medium and good sold at from $15 to; $17.50, even for stuff under 1,100 ;
pounds, for steers, while common sold
at $: to $11 50; heifers ranged at
to $14.L'5, as to quality, and cows at $7 to $11.50. The top on hogs at Indianapolis last week follows: Monday and Tuesday, $15.10; Wednesday. $14.05; Thursday, $14.50; Friday, $14.60, and on Saturday, $14.35. Mixed and light weignts sold mostly at $14, a decline of 35 cents from Friday's figures. Scarcity of cars for shippers' use helped In the Saturday decline, and receipts were liberal. A moderate demand for feeding cattle at Indianapolis Saturday steadied prices somewhat, also the fact that two packers were in the market for a lot. Little really prime stock was on sale, and inferior stuff sold very close to the bottom of the year, thus making a very wide spread in quotations. Corn and Hog Prices. Hogs at Chicago made a top of $15.40 last Monday, and struck $15.15 on Tuesday and Wednesday. On Thursday the top was $14.90. on Fri-
ZJP s ' v fell
corn in crib, etc., at 10:30.
Thursday, Oct. 30. Bert Jennings and C. L. Rheinhammer, 2 miles north of Richmond, IVj miles south of Chester, on RichmondChester pike. Tuesday, Nov. 4. W. H. Glunt, 1 mile southwest of
Richmond on Abington pike, 1 o'clock.
Wednesday, November 5. Simon Atwell. four miles south of Richmond, on the Boston pike; general sale. Thursday, Nov. 6 J. H. Albertzart on Jenkinson farm, Boston pike.
Pierson Bane, all of Lynn, Ind., were guests of Elbert Kemp and family. Wednesday evening at supper. Rev. L. F. Ulmer reports nineteen conversions with twelve accessions to the church during the revival meetings at the M. E. church at Whitewater this week. The Ladies' Aid society met In the
hail Wednesday afternoon and quilted. Twelve members were present. It was decided to hold an all-day meeting in two weeks on Wednesday, October 29.
Dancing masters say that the end of the war has increased the dancing craze threefold.
ASK FOR and GET
rlick's
The Original Malted Milk Por Infants and Invalids Avoid Imitation and &abUtuts,
Gioup of strike pickets in East Chicago and militiamen patrolling streets." With the city under martirl law, pence once more reijrns in East Chicago, Ind. Strike pickets are still at their posts, but they are not enE.gin in violence, or advecatinp: it. The lower photo shows how little groups of militiamen patrol the streets.
Chester, Ind. Mrs. Susan Epps remains seriously ill at her home here. Harry Wilson is building a grocery and meat shop in Chester. Mrs. L. F. Ulmer, Mrs. James Webster and Mrs. Richard Cutter spent
Friday with Mrs. Mary Smith. j The Booster class met Thursday ; afternoon in the hall to quilt. Several j members were present. Ollie Hunt and family of Whitewater , were Sunday guests of Mr. and Mrs. j Morrison Pyle. i Michael Kendall returned home; Thursday afternoon from Thorntown. Ind., where he attended a nephew's j funeral. j ?lr. and Mrs. Luther Hinshaw and son Maurice, started Tuesday for an , automobile trip through Michigan. ; They plan to be gone a week. j Mr. and Mr.s. Benjamin Homaday
and little son, who have been visiting Mi. and Mrs. Silas Williamson, re-; turned to their home Wednesday. ' Mr. and Mrs. Donald Baynes and little daughter. Lois Margaret, took dinner with Mr. and Mis. Morrison Pyle Tuesday. j Mr. and Mrs. John Kemp, Mr. and Mrs. C. Showalter and Mr. and Mrs. :
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To help boost the service Men's Fair, at the Meeting
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"That's Dr. King's New Discovery for fifty years a cold-breaker"
Shurley, who stated Monday that I Berry, Fred Conway, J. L. Harrison,! they could have shipped 20 cars of ; Harvey OshQrn, Joseph Thomas, John ! hogs last week, had cars been avail- i Towble. Forest Meek, Frank Jones, able. ' Jf-'sse Druley, Stephen llenshaw, Ver-
Hoes down The receips at tin-
last week, ironi local sliiper
to $12 Richmond
yards were,
50S hogs, 57 sheep and Iambs, 52 veals, and lit head of cattle. "With heavy receips at all market centers," said Mr. Shurley, "ther was a decline in the price of hog.s each day, during the week, with good hogs selling locally at $12 on Saturday. This price showed a loss of $10.25 per 100 pounds, compared with the high time, at $22.25. Good cattle ruled steady but all other grades were very dull and hard to sell at a very low price. Veals were lower at 10c to 15c, as to quality. sheei sold down to 5c and lambs at Sc to 10c, at the end of the week." By way of comparison. Rome Shurley cites fip-ures on two batches of hogs, as follows: "For 1(37 head of hogs, delivered on July Sis', and weighing 30. -ISO pounds, we paid out $6,652.57. Jesse Dtluly brought iu 167 hogs last Saturday, which weighed 33.040 pounds, which cost us but
?3,964 80
lin Albertson, James Jordan, James Hitter, Ad Kenworthy, A. II Pierce, Charles Staley, Henry Tieman, Fred Hartman, James Shank, Thomas York, L. Chenoweth and Clinton Clark.
Farm Sale Calendar
less
day, 15. 05, and on Saturday the bulk comparison ot i-nces of sales ran between 1.33 and It will be noted that for 2.5R0
with a top of $14. SO for some choice '. pounds delivered i:i Ju'y. 'h- .-hipper selections. j received $2,077.77 morv t.ioney, tornThe prices paid for corn and oats pared with last Saturday. Ju.-t hc.w in Chicago, from day to day, are now , much the consumer has benefitted largelv speculative, and affected by i by this condition in the range in trading conditions and bull and bear : prices or hogs "on foot", each can nositions The sDeculator3 are olaviuir : figure for himself.
ball with these grains and almost any-! The principal shipping during
thins is likelv to haDDen to urices. week were:
Last week the bulls ran the bears to
cover and Saturday saw the highest prices for the week. Corn gained 2'2c on Saturday. December closing at $1,261,3 at Chicago; at $1.27 at St. Louis, and at $1.20 'i ; at Kansas city. Corn options for j next May delivery ranged 2 cents per bushel lower in all markets, which gives one an idea of present predictions on the new crop, made by leading elevator Interests, though they are predicting $1.00 corn long before May, but like the rest of us they can only guess. December oats ranged at from 71 cents to 73 cents in western markets at the week end, with the May option somewhat higher. Glen Miller Receips Including 27 carloads on through billing. 3S cars of live stock were handled through the Glen Miler yards last week, at an estimate value of $75,000. The live stock yarded here in transit is unloaded, fed and watered, and this is done as expeditiously as at any point on the Pennsylcania system, owing to the many extensions and improvements made at the yards, during the prist summer. Owing to the difficulty In securing sufficient cars for loading, a great many hogs were luld back in the country last week, according to Rome
Curtis McMahon, 50 hogs.
250 pound average, 12 cents; II. J. Malone, 42 spring piss, $1,035.00; other snipers. lurid of hogs on
Tuesday, vc-'cht 14 ted them $2,054.
Tuesday, October 21. Maple Valley Stock Farm, Route 3, New Madison, O., Lig Type Poland China Hogs. A catalogue sale. Willard Robinson, Connersville, Ind. ' N'ight sale of Duroc Jersey registered hogs, at 6: CO p. m., in brilliantly lighted tent. Wednesday, October 22. Arthur Wiker, on A. K. Ziegler farm, three miles northwest of Cambridge City, and one mile north of Dublin, at 12 o'clock. Charles II. Duke, six miles northeast of Richmond, and one-half mile west of Whitewater and Richmond pike, general sale ; at 10 o'clock. Lena lliatt. Spring Grove, household turnnuie, cow and horse, at 1:30 p. m. Thursday. October 23. Druce Pullcn, 2'i miles west of Liberty, on the Libert y-Connersville Short Line pike, 'i mile south of Pea Ridge school; at 10:30. Wilson and Kinsey, one mile south of Greensfork on the Washington road, exclusive Pig Type Poland China hog sale. Lunch at 11:30. Kale at 12.30.
05 pounds, net-j Eugene Anderson, four miles southFrank Toschlog east of Richmond, on the Greenmount
NOTHING but sustained quality and unfailing effectiveness can arouse such enthusiasm. Nothing but sure relief from stubborn old colds and onrushing new ones, grippe, throat-tearing coughs, and croup could have made Dr. King's New Discovery the nationally popular and standard remedy it is today. Fifty years old and always reliable. Good for the whole family. A bottle in the medicine cabinet means a short-lived cold or cough. 60c. and $1.20. All druggists.
Regular Bowels Is Health Fowels that move spasmodically free one day and stubborn the next should be healthfully regulated by Dr. King's New Life Pills. In this way you keep the impurities of waste matter from circulating through the system by cleansing the bowels thoroughly and promoting the proper flow of bile. Mild, comfortable, yet always reliable, Dr. King's New Life Pills work with precision without the constipation results of violent purgatives. Hoc. as usual at all druggists.
ill
I
II
Former soldiers, sailors and marines of Richmond and the county are needed to give the service men's organization of the country a start.
The Committee in charge is counting on your help
Attend this
and JB
Meetin:
Commercial Club rooms North 9th and A St. at 7: 30 o'clock Tonight
a!
the
received SCSS for S head of steers. Deliveries of live stock were made last week by H. H. Rife, Hairy Worch, Ott Cranor, Henry Mikeselel, W. C. Baird, C. D. Morrow, Ray Milton, Given Duke, Ira Rife, Jacob Tico, Ralph Buroker, S. H. Kern, George Fouts. J. E. Morrison, Harry Chenoweth. C. McMahan, William Mitchell, George Pitts, C. A. F.rown, Ilarin Bowing, E. Stanconke, Ollie Hodgin, Frank
Toschlog, Henry Edwards, Die wav, Veiling Pitts, O. A. Studv
! pike, live stock, implements, grain, j etc.; cleanup sale, at 10 o'clock. j Friday, October 24. I Charles F. Gard, administrator estate of Daniel F. Gard, on Jone3 farm, ' three miles west of Richmond, on Nai tional road, at 10 o'clock.
Tuesday, October 28. Estate of Abraham Pipenger, S. D. Chenoweth, administrator. Two miles south of Palestine, Ohio, and V2 mile
( on- i u 11 ul 'arn. s niaiiuii, general saie. uji.,.. I Oscar Pike, 1 mile north and 2
M inner. M. Col v in. John Patchelor, C
miles wctt of Centerville, cattle, hoc
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