Richmond Palladium (Daily), Volume 46, Number 26, 9 December 1920 — Page 14
PAGE FOURTEEN
THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND, IND THUKSDA, DfcilJ. y, ivzv.
MA R'KETS
, GRAIN PRICES Furnished by E. W. WAGNER & CO., , 212 Union National Bank ,,.r, Building.; CHICAGO, Dec. Trend of United States news remains toward conservatism 'and - the various new - plans to bolster up general costs looks like a failure. Public will not buy wheat at current levels and is awaiting dips in corn and oats. Country wants to hold corn but if corn moves freely in next three" weeks it will hardly' meet with a smart cash demand. Eastern wheat bulls are' following wheat statistics, but the west believes wheat price is high, tod high as compared ' with this severe business reaction." Over night we do ' not believe ' grain bulges will hold. , ; ' RANGE OF FUTURES Furnished by E. W. WAGNER & CO., 212 Union National Bank Building. CHICAGO, Dec 9. Following Is the range of futures on Chicago board
of trade today
to medium butchers, 8.009.(iO. Good to choice heifers, $7.00 8.00; fair to good cows, $6.O07.00; bologna bulls, $4.00 5,00; butcher bulls. $6.007.00; bologna 'cowo, $2.505.00; calves, J10.0012.00. - Sheep Market, steady; $3.004.00. Lambs $8.0011,00
(By Associated Press) CINCINNATI, O., Dec. 9. Receipts Cattle, 500; hogs, 4,500; sheep, 200. . .Cattle Market steady to strong;
butcher steers, good to choice, S9
Bermuda onions, 10 cents lb.; parsley, 15 cents a bunch; gran mangoes, 5 cents each; garlic, 75 rents lb.; new cabbage, 5 cents lb. ; sweet potatoes, 10 cents lb.; cucumbers, 30 cents each; green beans, 30 cents lb.; turnips, 10 cents lb.; carrots, 8 cents.lb., 2 lbs. for 15 cents; egg plant, 25 cents lb.; new potatoes 4 cents lb., 50 cents a peck; cauliflower. 30 cents lb. ; celery, 10 cents a bunch ; Brussel sprouts, 50 cents quart; domestic endive, 30 cents lb.; parsnips, 10 cents lb.. 3 lbs. for 25 cents; pumpkins, 15, 20 and 25 cents; oyster plant, 2 for 25 cents. FRUITS Bananas, 15 cents pound; lemons, 30 cents doz; oranges, 39 cents doz; Tokay grapes, 30c lb.; grapefruit, 10 and 20c; cocoanuts, 20c each; cranberries, 18 cts. lb.; quinces, 10 cts. lb.; Japanese pereimrnons, 10 cts. each;
home-grown persimmons 20 cents pint
ii -n. j Tn. . r nome-grown per
t: ..Z tVX. """'. V w ' ,c",uxu"" A box : chestnuts. 60 cents lb. ; black
'" Open High Low " Close - Wheat Dec. ....1.71 1.71 1.64 1.66 Mar. .....1.68 1.68 1.63, 1.64 Rye May ..,'.1.43 143 1.40 1.42 -- - Corn Dec ..s. .74 .74 .72 .73 May .... .76 .76 .75 .75! July ' 77 .77 .76 .76 Oats July .....51 .51 .51 .76 Dec 49 .49 .47 .48 May 52 .52 .51 .51 Pork Jan. ...23.60 23.22 Lard Jan. ...14.55 14.35 Ribs Jan. ...12.40 12.30 - (By Associated Press)
- TOLEDO, O., Dec. 9 Cloverseed Prime cash, 1919, $12.10; 1920, $12.25; Jan., $12.35; Feb., $12.50; Mar., $12.40; Dec, $12.35. Alsike Prime cash. 1919, $17.00; 1920. $17.50; Mar., $16.20; Dec, $17.50. . Timothy Prime cash, 1918, $3.45; 1919, $3.55; Jan., $3.67; Feb., $3.72 Mar., $3.75; Dec, $3.65.
(By Associated Press.) ' CINCINNATI, O.. Dec. 9. WheatNo. 5 red, $1.901.93; No. 2 red, $2.06 2.08;- No. 3 red, $2.032.05; No. 4 red. $1.96 2.00. Corn No. 2 white, 7980c; No. 3 white, 7879c; No. 4 white. 74(fi76c Corn No. 2 yellow, 83S4c; No. 4 yellow, Sl82c. Corn No.. 2 mixed, 78 79c Hay, steady; $2027.50; Rye. steady; $1.4S1.50. Oats, steady; 53 54c. (Bv Associated Press) CHICAGO. Dec. 9. Wheat No. 2 dark northern, $1.68; ' No. 3 dark northern, $1.64. Corn No. 2 yellow, 82c. Oats No. 2 white, 51 51 c: No. C white, 5050c. Pork Nominal; Ribs, $12.5014; Lard, $14.75.
fair, $4.507; heifers, good to choice,
$7.509.50; fair to good, $5.507.50; common to fair, $3.50 5.50; cows, good to choice, $67.50; fair to good, $5 6; cutters, $3.755; canners, $2.50 3.50; stock steers, $45; stock cows, $3.50 4.50. Bulls Steady; bologna, $5.006.50; fat bulls, $6.75 7. Milch Cows Steady, $30125. Calves Weak, 50c to 1 lower; extra, $12.5013.50; common and large, $48; fair to good, $9 12.30. Hogs 25c higher; market steady; heavies, $10; good to choice packers and butchers. $10; medium, $10; stags, $56.75; common to choice heavy fat sows, $68.25; light shippers, $10; pigs, 110 pounds and less, $79.25. Sheep Steady; .good to choice lights, $4.505; fair to good. $3.50 4.50; common to fair, $23; bucks, $2
4; lambs, weak; good to choice, $11 11.50; seconds. $8(5)9.50; fair to good, $10 11; skips, $67.50.
(By Associated Press) PITTSBURG, Ta., Dec. 9. HogsReceipts, 3.000; market steady; heavies, $10.2510.50; heavy yorkers, $10.75 ; light yorkers, $10.75; pigs, $10.75. Sheep and Lambs Receipts, 300; market, steady; top sheep. $6.00; top lambs, $12.50. Calves Receipts, 100; market, lower; top, $15.00.
walnuts, 5 cents lb. PRODUCE BUYING Country butter, 50c pound; eggs,
77c a dozen; chickens, 20c a pound.
LOCAL Richmond $1.85 for No.
GRAIN MARKET flour mills are paylns 2.
LOCAL QUOTATIONS (F-urmshed by Vvnelan)
BUYINt, Oats, 45c; rye, $1.35; straw, per ton, $10.00; new corn, 65c per bushel. SELLING Cottonseed meal, a ton, $52.50, per cwt., $2.75; Oil meal, per ton. $62.50 cwt., $3.25; Tankage, 50 per cent, $88.00 per ton; cwt., $4.65; Tankage, 60 per cent, $98.00 per ton; cwt. $5.15; Dairy Feed, per ton, $45; per cwt., $2.35; barrel salt, $3.85; Middlings, $52.00 a ton, $2.75 per cwt.; Bran, $43.50 a ton, $2.25 per cwt.
gress was opened up, a marked movement having developed for eliminating its International feautres. Members expressed the belief that agricultural conditions internationally vary too greatly to admit of treatment by one organization. H. J. Waters, Kansas City, a member of the board of governors, spoke on "The Basis of- Agricultural Progress." C. H. Gustafson, Omaha, president of the National Cooperative company, spoke on "Cooperative Marketing," and Edmund T. Perkins, president of the American Drainage congress, on "The Development of Waterways." Topical discussions followed.
Farm Sale Calendar
Friday, DecemDer 10. Al. BrokamD. on old Clate Rich
ards farm, 1 miles south and miles east of Hollansburg, general farm sale at 10 o'clock. Tuesday, December 14 L. L. Hinshaw, six miles north of Richmond, on the Arba pike, closing out sale at 10 o'clock. Thursday, December 16. Alex Reid and Herbert Pierce, on the Reid Springs farm, just north of Richmond on the Chester pike. A general farm dissolution sale , at 10:30.
The Farm and Farmer
By WILLIAM R. SANBORN
I
(By Associated Press) BUFFALO, Dec. 9. Cattle Receipts, 600; slow. Calves Receipts, 75; 25c higher; $4.0015.50. HogsReceipts, 2,000; light, steady; others, 50c lower; heavy and mixed, $10.75; yorkers, light ditto and piss, $11.25; roughs, $9.009.25; stags, $7.008.00. Sheep and Lambs Receipts 2,000; steady; lambs, $6.0013.00; vearlings, $6.50(t9.00; wethers, $6.006.50; ewes $2.005.00; mixed sheep, $5.005.50.
(y Associated Press.) CHICAGO, Dec. 9. (U. S. Bureau of Markets) Cattle Receipts .15,000; opening slow; steers and she-stock, steady to lower; bulk native beef steers, $912.75; butcher cows and heifers, largely $5.257.75; canners, $3.654. Bulls Steady; bulk bolognas, $4.65 5.40.
INTERNATIONAL FARM CONGRESS CONSIDERS AGRICULTURE'S NEEDS
(By Associated Press) KANSAS CITY, Mo., Dec. 9. Matters of public policy and welfare in
stead of the scientific technic of farming occupied the attention of delegates today at the opening session of the twenty-fifth annual convention of the International Farm congress here. More than 1,000 delegates are expected to attend the convention which continues through Saturday. The day's proceedings began with the message of United States Senator Arthur Capper of Kansas, president of the congress. Senator Capper was unable to be present and the message was read. An address by Herbert Hoover, former food administrator, also was read, Mr. Hoover being unable to be here. Discuss Public Matters. Discussion of public matters, officials of the congress declared, was
Officers' Classification Is Under Investigation WASHINGTON, Dec. 9 Investigation of the classification of army, officers under the army reorganization bill will be made by the house military committee as a result, of complaints that many officers have been unfairly placed in class B preliminary to their retirement. The inquiry will
begin Tuesday.
While there is but little chance of an advance in farm machinery, there is still less chance for a decline, next season, according to implement dealers. The fact that there were continuous advances auring the days of price inflation assures mat manufacturers made "good" money, and this there seems to be no atempt to deny. Be that as it may the labor costs are said to preclude any cutting in prices of goods for spring delivery, despite the come down in prices of the raw material, notably iron and steel. When Wagons Advanced. With reference to above one dealer cites the ease with which the price on farm wagons climbed within past two or three years. He says that it was a continuous performance, until the running gears which at first cost him $55, hit the high spot at $147. It was a case of buying your wagons on "today's market"; they might be $5 or $10 higher tomorrow. The feeling among farmers and dealers is to the effect that inasmuch as manufacturers in other lines have
taken their medicine on the general decline in values, that implement makers should at once jump into the band
sale of our farm products In Europe. They will .endeavor to arrange for financing foreign trade. But the latest figures from Washington show that, despite the heavy decline in commodity prices we exported $752,000,000 worth of goods in October,' an increase of $146,000,000 over September, an dthe largest for any month in the year to Nov. 1. Now then, foodstuffs, cotton and oil made up $316,000,000 of 'the total. Canada, Cuba and South American countries accounted for much of this increase, but it may be noted that our increases in sales to Germany was $12,000,000, and to France, $13,000,000 during that month. Seven head of Jersey and Shorthorn cattle went under the hammer at the Bert Lott sale, mile north and east of Arba, on Tuesday, the offering including three cows. The cows were evidently well matched, as they sold for $75 each to two buyers, Earl Brown and Charles Stevens, the latter
itaking two of them. Mr. Brown also
secured the two calves at $27.50 each. There was some competition for the corn in crib, approximately 1,000 bushels. This sold at from 65 to 70 cents, Harold Dorgan obtaining the bulk of it at the top figure. Oliver
wagon. io man nas Deen cauea (oinvp irnr nn hushes at rs rnts
take bigger doses than the farmer, he Mr rtt is moving to Lynn and his being the sickest victim of deflation. farm has Deen rented to Harry Hill,
who gets immediate possession. Mr.
Also he made the smallest profits
from which to draw consolation, during the period of inflation. The farmer has no. pyramided profits from which he can now offset his losses. Bankers to Confer. Following closely on the closing of the Farm Bureau convention at Indianapolis, comes a country-wide conference of bankers at Chicago on Friday, to devise a system to increase the
Hill bought all the hay on the place at $12 per ton. The sale netted Mr. Lott $1,800.
Members of the Franklin township farmers' federation will meet in the
school building at Whitewater Monday veening, Dec. 13. A. J. Swift, formerly
county agent of Preble county, will
speak. Paul Harris of Franklin town
ship will review the state federation convention held at Indianapolis recently.
COMMITTEE OF 100 SENDS NEW LETTER
(By Associated Pre WASHINGTON. Dec 9. Hop that the decision of the British government not to permit the special committee of Americans to visit British territory to obtain information about conditions in Ireland is not final, is expressed in a letter sent today to the British by a commission of the committee of 100 investigating the Irish question. "If your letter were to represent the final opinion of the British government," the commission wrote, "certain regrettable conclusions would teem to follow. It would seem to imply autocratic interference on the part of the government with the free communication of friendly people." The letter went on to say the committee would continue its work "in conformity with its original purpose," xmd that it could not but hope that both in England and Ireland there would be a "full understanding" of its friendly purpose.
Every town in Massachusetts has a free public library.
Briefs
MILK Producers' Meeting at the Courthouse, Saturday, Dec 11, 7:30 p. m. Election of Board of Directors.
2
2
LIVE STOCK PRICES (By Associated Press) INDIANAPOLIS, Ind., Dec. 9. Hogs Receipts. 14,000; higher. Cattle Receipts, 800; steady. Calves Receipts, 400; weaker. Sheep Receipts 400; steady. Hogs Top price, under 225 lbs., down, $10.0.0; most sales, all weights, $9.9.0; mixed hogs. 160 lbs., up $9.90 10.00; assorted, 170 to 200 lbs., $9.90 ffilO.00; assorted, 225 lbs., up, $9.75 9.90; fat hogs, weighing up to 140 lbs., $9.90 down; fat back pigs, 120 lbs., $10.00 down; heavy pigs, $9.00 down; sows, according to quality, $7.00 W 9.25; best of sales of heavy hogs a it i n - x i i - t x.
year ago, fid.ou; oe.si saies vi iigiitj
Veal Calves Tending lower: pack- !c na'u V1":1""""1"""
I n yr 1 v uciaiatiuii ui JiiuiiMro J j 1 .
organization on matters affecting agriculture and the public. Topics un- j
aer aiscussion in contormity with a j oefinite, pre-arranged program, iv- i
fiuue me lanu, immigration, mantel-; vm
ing, cooperative ana otnerwise nnance, labor, transportation, balanced production, agricultural education, reclama-
ers' top, $10.50; bulk, $9.75(10.25;
s.tockers and feeders, weaker. Hogs Receipts, 46,000; weak to 10c j
lower 'than yesterday s average; big packers buying sparingly; top early, $10; bulk, $9.659.90; pigs, steady to strong; bulk desirable, 80 to 130-lb.
pigs, $9.259.35
and lamhs. 25o hie-her: ' Wt lamhs tion- agricultural organization, foreign I
held around $11.25; bulk, $10.5011;
choice handy ewes, $5.35 top; bulk medium and heavy weight, $4.255; feeders, scarce and steady.
markets and live stock conditions.
In addition to these, the matter of the international aspect of the eon-
PRODUCE MARKET
(By Associated Press) INDIANAPOLIS. Dec. 9. Butter Fresh prints, 52f54o lb.; extra, 65c; packing stock, 2427c. Eggs 7073c a dozen. Fowls Four pounds and up, 2324 cents;. fowls, under 4 lbs., 19c; springs i'2(g24; roosters 15; turkeys old toms,
hogs a year ago, $13.65; best sales of !0t'5 oung toms, 35 40c; hens, 35c;
hogs a year ago, $13.50. Cattle' Killing steers, best long yearlings, $17; 1,300 lbs up. $15?M6; extra, good, 1.300 lbs. up, $12.0013; good "to choice, 1,250 lbs. up, $11.00g; $12.00; common to medium, 1,250 lbs up, $10.0011.00; good to choice, 1,000 to 1,200 lbs., $10.00 rl 1.00; common to medium, 1,000 to 1,400 lbs., $9.00 $10.00; good to choice, 1,000 to 1,100 lbs., $9.00! 10.50; common to medium, 1,000 to 1,100 lbs.. $9.00 10.50; good to
squabs. 11 lbs. to the dozen, $6; guin-i
eas, 2-lb. size, dozen $8; rabbits, $2.25 2.75 doz.; geese, 20c. I
(By Associated Press) CHICAGO, Dec. 9 Butter Market lower; creamery firsts,-34 48c. Eggs Receipts, 1,054; market, lower; lowest, 6367c; firsts, 7375c. Live poultry; market higher; fowls, 16fi)
1 24c; springs, 24c; turkeys, 38c. Fo- ! tatoes weak, northern white, sacked.
best, under 1,000 lbs.. $S.009.00; poor to fair, under 1,000 lbs., $5.50f? j
J7.5U; good to Dest yearlings, $.ou) 12.00. Heifers Good to best, 800 lb up, $8.00(3,$9.00;. common to medium, under 800 lbs., $7.00(57.50; good to best, under 800 lbs., $8.00 $10; poor to fair, under 1,000 lbs., $10.00 12.00: good to choice, under 1,000 lbs., $11.73 ri 13.75: common to medium, under SOO lbs., $6.00 Tf-8.00. Cows Good to best, 1,050 lbs. up, $7.008.00; common to medium, 1,050 lbs., up. $6.007.00; choice, under
1,050 lbs., $7.008.00; poor to good j
cutters,, under 1,050 lbs.. $4.5006.00; poor to good cutters, $4?i5. Bulls Good to be?t, 1,300 lbs. up, $6.00-!? 6.50; good to choice under 1,000 rounds, $6.006.50; fair to medium, under 1.300 lbs., $4.50fi 5.25; common to good bolognas, $4 5. Calves (looti to ?noce venlst tirid?r 200 lbs., $13.00 13.50; good bolognas, medium veal?, under 200 lbs., $9. 00ft 11.00; good to choice heavy calves, $7.CO5J8.50; common to medium heavy
calves. $2.006.50. Stockers and Feeder Cattle Goofl to choice steers, SOO lbs. up, $S.00g 8.50; common to fair steers, SOO lbs., up. $7.508.50. Good to Choice Steers Under i'00 lbs., $8.509.50; common to fair steers, under 800 lbs., $6.507.50; medium to good heifers, $5.506.5); medium to good cows, $4.505.S); good to choice steers, under 800 Ii a , $7.00(g8.00; common to fair steers, under 800 lbs.. $5.50 6.50; stock calves. 250 to 400 lbs.. $7.009.00. Native Sheep and Lambs Good to choice ewe. sheep, $3.503.75; common to medium sheep, $12.50; western fed lambs, $9.50 down; selected ewes and wether, lambs, $8.759 00; bucks, per 100 lbs., $3.0010.25; common to medium lambs, $7.007.50.
$1.25?1.45 cwt.; bulk, $1.401.50 cwt.; Idaho russets, $1.75 cwt.
(By Assoc iatetl Press.) CINCINNATI, Dec. 9 Butter fat Steady. Eggs Higher; prime firsts, hOc; firsts, 7Sc: seconds. 60c. Poultry Steady; springers, 2Sc; hens, 25c; 'urkeys, C5c.
Auto Show Week Specials in High Grade REBUILT CARS During the remainder of this week we offer the following values in Rebuilt Cars:
DAYTON MARKET Corrected by McLean & Company.
Dayton, O. Bell Phone, East 28. Home Phone, 81235. DAYTON, O., Dec. 9. Hogs Receipts, 6 cars; market steady; cboise heavies, $10.00; butchers and packers, $10.00; heavy Yorkers, $9.00 (010.00; light Yorkers, $8.00 9 00; choice fat sows, $8.009.00; common to fnir sows, $7.508.00; pigs, $7.00 $8.0P; stags, $6.007.00. - Cattle Market, 50 cents lower; fair to good -shippers $10.00 11.00; good il choice butchers, $9.0010.00; fail
NEW YORK STOCKS (By Associated Press) NEW YORK, Dec. 9. Close. American Can ', . 25 Am. Smelting 431,2 Anaconda 48 Baldwin Locomotive 913i Bethlehem Steel, b 53 4 Chesapeake & Ohio 62 Chino Copper 18 General Motors 14 Goodrich Tires 40 Vfe Mexican Petroleum 163 Pennsylvania 404 Reading 86 Republic Iron & Steel 66Vs Studebaker 455s Union Pacific 117
U. S. Rubber 65 U. S. Steel ." 80 Utah Copper 51
prices
LIBERTY BONDS (By Associated Press) NEW YORK, Dec. 9. Final
on Liberty bonds tday were: 3Y2 $90.36
First 4 (bid) 85.20!
Second 4 85.44 First 4U 86.26 Second AM 85.30 Third 4Vi 88.00 Fourth 41; 85.80 Victory 3 95.40
Victory 4
95.46
LOCAL HAY MARKET Steady; No. 1 timothy, $24.00; Clover, $20.0023.00; heavy mixed, $20. (By Associated Press) INDIANAPOLIS, Dec. 9. Hay Weak; No. 1 timothy, $2727.50; No. 2 timothy, $26 26.50; No. 1 clover, $2525.50.
BUTTER QUOTATIONS The wholesale price for creamery butter is 52 cents a , pound. Butter fats delivered in Richmond, bring 42 cents a pound.
FRUIT and VEGETABLES Leaf lettuce, 30 cents lb.; head lettuce, 40 cents lb.; onions, 5 cents ib.;
Price j Price Each CAR For Month Car j Down for 10 I Months Davis $ 650 $250 $ 40.00 Maxwell . . $ 825 $325 $ 50.00 Marion ... $ 400 $150 $ 25.00 Modern Tr. $ 400 $150 $ 25.00 Overland . . $ 475 $200 $ 27.50 Oldsmobile $ 700 $250 $ 45.00 Davis $ 600 $200 $ 40.00 Oldsmobile $1625 $625 $100.00 Elkar $ 710 $250 $ 46.03 Davis $ 450 j $200 $ 25.00 Overland . . $ 350 $150 $ 20.00 Overland .' . $ 425 $200 $ 22.50 Maxwell.. $ 350 $150 I $ 20.00 Hupp $1025 $400 $ 62.50 Chevrolet . $ 375 j $150 $ 22.50 Buick $1500 $500 j $100.00 Buick $1800 $600 $120.00 Ford $ 300 $100 $ 20.00 I. H. C. Tr.. $1500 $500 $100.00 Oakland . . $ 350 $150 $ 20.00 Maxwell .. j $ 225 $100 $ 12.50 Overland . . $ 225 $100 j $ 12.50 Buick $1500 $500 $100.00 Ford $ 275 I $125 $ 15.00 Dort . . $ 500 j $200 $ 30.00 National . . $ 525 ! $225 $ 30.00 Studebaker $ 400 $150 $ 25.00 Ford Rd. .. $ 300 $125 $ 17.50 Ford Rd. . . $ 300 $125 $ 17.50 Pilot $ 600 $200 j $ 40.00 Buick Rd... $ 500 $225 $ 27.50
Free Insurance With each car purchased this week you get insurance covering fire, theft and collision for a term of one year. Don't fail to see us now for these bargains. Phone 5200 CHENOWETH AUTO CO. 1107 Main St.
Tomorrow You Will Receive Your Christmas Savings Club Check from Us
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save; and the way to effectively save is to do ii systematically and our Christmas Money Club is the best plan ever devised for insuring your family and friends against a dull Christmas. CLASS NO. I 10c straight for 50 weeks $ 5.08 CLASS NO. II 25c straight for 50 weeks $ 12.70 CLASS NO. m 50c straight for 50 weeks $ 25.40 CLASS NO. IV.
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