Richmond Palladium (Daily), Volume 46, Number 131, 13 April 1921 — Page 14

PAGE FOURTEEN

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND. IND.. WEDNESDAY, APRIL 13, 1921 .... . "n "N" WHAT WILL. I TELL HIM? L. DID TOO CT HER TO VEV L.ONO ENOUGH TO -vou interrupt IT THt.&LACK TOF: eve:; GRAIN PRICES furnished by E. W. WAGNER & CO, 212 Union National Bank : ' Buildinc CHICAGO, April 13. Amazing new low nrieea for corn and oats. Looks as If May oats will sell at samel -Reg. U. a pc or.102 BY INT-L FBATURS SBRVtCC IMC.

Markets

; Wy fiW VANT5 Nt TO TELLfOU I BRINGING II T . TO WNON'I KT uiiiiiuuiw l WONDER L , FATHER JrS l3" T He HANDS fwT 3N7 r

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as in 1913. laiK 01 urin proietuuu falls flat and the British Socialists struggle looks bearish from any angle. Country selling wheat and winter wheat crop to April 13 looks 93 per cent condition. Spring wheat acreage looks normal. Southwest receipts are too large. Confidence in large, business rally Is absent-President Harding wants low table costa. Overnight we may get , the real rally that we missed today but sales if a closing bulge is indicated RANGE OF FUTURES Furnished by E. W. WAGNER & CO., 212 Union National Bank Buildinn. CHICAGO. April 13. Following la the range of futures on Chicago board of trade today: Open High Low Close Wheat May ....1.26 1.26 1.214 1.23 July ... .1.10, 1.10 1-06& 1.07 Rye May ....1.224 1.22 1.14 1.15 v Corn May 57- ; 57 .54 .55 July 60 .60 .58 .58 Oats May 36 .36 .34 .25 July 37 .37 .36 .36 Pork May ...15.10 15.20 Lard May .,.'9.72 ..... 9-80 Ribs May ... 8.87 , 8.92

(By "Associated Pres CINCINNATI. O . April 13 Wheat No. 2 red. J1.351.37; No. 3 red, $1.32 1.34 r other grades as to quality, 11.2401.32.Corn No. 2 white, 6060c; No. 3 whit, 5858c; No. 4 white, 5657c; No. 2 yellow. 5758;No. 3 yellow, 55 57c; No. 2 mixed, 543'55. Rye, $l-241.26.-Hay, $15.00022.50. Oats, 3939c (Br Associated Press) TOLEDO, O.. April 13. Cloverseed Prime cash. $13: April 11; Oct., $9.10. Alfike Primo cash. $14.15. Timohy Prime cash, lf-20, $2.75; lf'18, $2.70; 1919. 2.75; April, $2.75; May, $2.75; Sept., $3.15. (By Associated Press) CHICAGO. April 13. Wheat No. 2 hard. $1.36; Northern spring, $1.14. Corn No. 2 mixed, 5354; No. 2 yellow, 55 Oats No. 2 white, 3637; No. 3 white. 3536. Pork Nominal. Lard $9.67. Ribs $S.509.50. LIVE STOCK PRICES (By Associated Press) INDIANAPOLIS. April 13. HogsReceipts 10.500. higher. Cattle: Receipts 1.800. steady. Calves Receipts. 900. lower. Sheep Receipts, 200; unchanged. Hoc. Top price under 200 lbs. .$ 9 25 Most sale, all weight 8 50 9 00 M1xd and assorted. 160 to 225 lbs 8 50 9 lo Mixed and assorted, 225 to 275 lbs 8 00 8 50 Mixed and assorted, 275. lbs. up 7 75 s - Fat back pigs, under 140 lbs . 9 50 down Other good"p'igs largely.. 9 dow," Sows, according to quality t 00 ..5 Most good sows 6 50 r 00 Sales in truck market .. 8 00 9 00 Best heavy hogs a year ago 16 75 Best light pigs year ago.. IS 60 Cattle. KII.TJNG STEERS Good to choice. 1.250 lbs. up 8 50j 9 00 Common to medium, 1,250 lbs. up 8 25 8 50 Good to choice. 1.100 to 1.200 lbs 8 50 9 00 Common to medium, 1,100 to 1,200 lbs 8 00 8 50 Good to choice. 1,000 to 1.100 lbs. S 25 8 75 Common to medium, 1,000 to 1,100 lbs 7 75 S 23 Good to best, under 1,000 lbs 7 50 8 50 Poor to medium, under 1.000 lbs 7 00 7 50 Good to best yearlings.. S 0OQ 9 00 HBIFEUS Good to best :.. 7 50 8 00 Common to medium, 800 lbs. 7 00 7 50 Common to medium, under g00 lbs 6 00 7 25 Good to best under 800 lbs. 7 509 so COWS Good to best, 1,050 lbs, up 6 00 7 00 Common to medium, l,05o lbs. up 5 25 6 00 Good to choice, under 1,050 lbs 5 00 5 75 Common to medium, under 1.050 lbs 4 25 4 75 Poor to good cutters .... 3 00 4 00 Poor to good canners ... 2 00 H 50 utiles Good to best. 1,300 lbs. up 5 00 5 25 Good to choice under 1.30U lbs 5 25 5 50 Kair to medium, under 1.300 lbs. 4 50 5 00 Common to good bologna 4 UOlg 4 50 CtLVES Good to choice veals, under 200 lbs 9 0010 00 Common to medium eals, under 200 lbs 5 00 8 00 Good to cuoice heavy calves 5 50 7 00 Common to medium heavy calves 5 00 6 00 aXUCKERS & FKKD1NG CA1 xJUE Goort to choice steers, S00 lbs. and up 7 50 8 00 Common lo lair steers, 800 lbs. up 1 00 7 50 Good to choice steers, under 800 lbs 7 50 7 75 Common to fair steers, under 800 lbs 6 50 7 04 Medium to good heifers... 5 00ia 6 00 Medium to good cows .... 4 2itp 6 ou block caives, 250 to 400 lbs 6 00 7 00 ftatlve Sheep and Lamb.. Good to choice light sheep 3 60 4 00 Good to choice heavy sheep 2 75 3 00 Common to medium sheep 1 00 2 50 Selected light weight lambs S 50 9 00 Other good lambs 8 00(& 8 60 Common to medium lambs o OOtf 7 50 Heavy lambs 5 00 6 50 Bucks, per hundred 2 00 3 00 DAYTON MARKET Home Phone, 81235. Corrected by McLean & Company. Dayton, O. Bell Phone, East 28. DAYTON, O., April 13. Hogs Receipts, " five cars: market steady; choice heavies, $8.75; butchers and packers; $8.75; heavy Yorkers, $8.75; light Yorkers, $8.75; choice fat sows, $7.007.50; common to fair, $6,000 6.50; pigs, $8.5008.75; stags, $4.50 5.00. Cattle Market steady; fair to good phippers, $8.50 0 9.00; good to choice butchers, $8.5009.00; fair to medium .butchers, $7.0008.00; good to fat eows, $5.5006.50; bologna bulls, $5.00

6.50; butcher bulls. $6.006.50; bo

logna cows. $2.503.50; calves $6.00 8.00. Sheep Market, steady; $3.000 4.00. Lambs $7.0009.00. (By Associated Press.) PITTSBURGH, Pa.. April 13. Hogs Receipts 1.500; market steady; heavies. $8.2508.50; heavy Yorkers, f 10.00: light Yorkers, $10.00i0.25; pigs, $10.10010.25. Sheep and Lambs Receipts, 500; market steady; top sheep, $6.00; top lambs, $9.25. Calves Receipts, 100; market steady; top, $11.00 (By Associated Press) CINCINNATI, O., April 13. Receipts Cattle, 500; hogs, 6,000; sheep 150. Cattle Market steady; good to choice, $8.0009.00; fair to good, $7.25 08.00; common to fair, $5.0007.25; heifers, good to choice, $8.00 0 9.00; fair to good, $7.0008.00; common to fair, $4.0007.00: cows, good to choice $5.7506.75; fair to good, $4.7505.75; cutters, $3.5004.50; canners. $2,000 3.00; stock steers, $6.5008.00; stock heifers. $5.0006.50; stock cows, $4.50 05.50; bulls, weak; bologna, $4,500 5.50; fat bulls, $5.50 0 6.00; milch, cows, $35 0$1O5; calves steady; fair to good, '$7.0009.00; common and large, $4.0007.00. Hogs 25c lower: heavies $8,000 8.50; good to choice packers and butchers, $8.75: medium, $8.7509.00; stags, $4.0004.25; common to choice heavy fat sows, $5.5006.50; Light shippers, $9.25; pigs, 110 lbs and less, $8.0009.25. Sheep Good to choice lights. $5.00 05.50; fair to good $3.5005.00; common to fair, $2.00 0 3.00; bucks, $2,000 4.00; lambs, steady; good to choice, $10.00010.75; seconds, $8.0008.50: fair to good, $9.00010.00; skips $6.09 07.50; clipped lambs, $5.0009.50. (By Associated Press) CHICAGO, April 13. Cattle Receipts 9,000; generally steady; spots higher on beef steers and bulls; top yearling steers, $9.50; bulk beef steers, $7.7508.75; bulk fat cows and heifers, $5.2507.50; canners and cutters largely $2.5004; bulk bulls $5 0 $6.25; veal calves mostly $78; stockers and feeders steady. Hogs Receipts 16,000; opened slow, 15 to 25c higher; later fairly active; uneven; mostly 10 to 15c higher than yesterday's average: top $9.35; bulk 200 lbs. down $8.7509.25; bulk 220 lbs. up, $7.9009.50; pigs 10 to 25c higher; bulk desirable, $9 9.25. Sheep Receipts 19,000; shorn lambs top $9.25 to shippers; bulk $80 $8.75; choice 104 lb. shorn lambs for export $7.25; best wooled lambs not sold; good 100 lb. shorn yearlings. $7; choice Colorado pulp fed shorn ewes, $6.00. (By Associated Press) EAST BUFFALO. April 13. Cattle Receipts 125; heavies slow; butchers strong; calves, receipts 500, steady $5011. Hogs Receipts 2,400; 25050; higher; heavy $8.5009.25; mixed $9.50 $10; yorkers $100 10.25; light yorkers and pigs $10.50010.75; roughs $7,250 $7.50; stags, $4.5005.50. Sheep and Lambs Receipts 1,800; clipped lambs 25c lower, at $509; others unchanged. PRODUCE MARKET (By Associated Press) INDIANAPOLIS. April 13 ButterFresh prints, 47 50c; extra, 65c; packing stock, 1216c. Eggs 2122c por dozen. Fowls 26 27c; broilers, 1 to 2 pounds, 45c; roosters, 1617c; turkeys, 35c; old toms. 30c; young toms, 35c; capons, 3842c; henc, 35c; squabs, 11 lbs. to the dozen, $6; rabbits, ?2.502.75 per dozen; geese, 2023c; spring ducks, 2225c; squabs, 1620c. (The Joe Frank Company. 923 Xenla Avenue. Bell, East 2819. Home 3485.) DAYTON. April 13. Poultry, alive, paying: Old hens, 20c lb.; chickens, 18c lb.; roosters, 12c lb.r young chickens, 25c lb.; turkeys, 18c lb.; old toms, SOc lb.; ducks. 18c lb.; geese, 20c lb. Eggs Fresh, paying 20c dozen. Butter Creamery, paying 46c lb. (By Associated Press) CHICAGO, April 13. Butter Market, firm; creamery fl:sts, 461,a Eggs Receipts 23,155 cases; market higher; lowest 20c 21c; firsts, 2414c. Live poultry Market lower; fowls, 31c; springs 34c. Potatoes Stronger; receipts 31 cars; northern white sacked and bulk 90c $1.00 cwt; new Florida Rose, No. 1, $8.008.25 a bbl; No. 2, $6.757.00 a bbl. (By Associated Press) CINCINNATI. O., April 13. Whole milk creamery, extra, 52c. Eggss Prime firsts, 23c; firsts, 22c; seconds 18c. Poultry Springers, 60c; hens, 30c; turkeys, 35c. NEW YORK STOCKS (By Associated Press) NEW YORK, April 13 Close American Can 28 Am. Smelting 39 Anaconda 38 Atchison 79 Baldwin Locomotive 85 Vs Bethlehem Steel, B 54 Central Leather 33 ; Chesapeake and Ohio bid 584 j u. K. 1. ana racuic 25 Chino Copper 22 Crucible Steel 82 Cuba Cane Sugar 20 General Motors 13

Goodrich Tires 38 Mexican Petroleum 138 New York Central 68.. Pennsylvania 33 Reading 67 Republic Iron and Steel 59 Sinclair Oil ; 23 Southern Pacific 73 Southern Railroad 19 Studebaker 77 Union Pacific 114 U. S. Rubber 73 U. S. Steel 80 Utah Copper 51

LIBERTY BONDS. (By Associated Press) NEW YORK, April 13. Final prices on liberty bonds today were: 3i $90.08 First 4 $87.40 Second 4 $87.40 First 414 $87.70 Second 44 $87.52 Third 414 $90.66 Fourth 4Vi $87.62 Victory 3 $97.62 Victory 4 $97.62 LOCAL HAY MARKET Steady; No. 1 timothy, $17; clover, $16.00; heavy mixed, $16.00. (By Associated Press) INDIANAPOLIS, April 13. HayNo. 1 timothy, weak, $20.50021.00; No. 2 timothy, $20.00020.50; No. 1 clover, $17.00018.00. BUTTER QUOTATIONS The wholesale price for creamery butter is 48 cents a pound. Butter fats delivered in Richmond bring 40 i-its a pound. FRUIT and VEGETABLES TnmM. ik ift i.ttoo ,a ib.; head lettuce. 40c lb.; 'onions. 5ci lb.; Bermuda onions. 10c lb.: naraeley. 15 cents a bancn; garlic. 50 cents lb.; new cabbage, 10c lb.: sweet potatoes, 10 cents lb.; green maaeoes. S cents; cucumbers. 20c and 35c each; turnips, 10c lb.; carrots. 8 cents lb.. 2 lbs. for 15 cents: new carrots, 10c bunch; cauliflower, 30 cents lb.; celery, 15 cents bunch; Brussel 6prouts, 50 cents qt.; parsnips, 8c lb.; radishes, 5c bun.. Shallotts. 10 rpnts hnnr-h heotn 1 Sr. i

bunch.. 2 for 25c; artichokes, 35 cents ilhpy serve their Purpose. This, of each; green beans, 30 cents lb.; waxic?urse the part of wisdom, nothing

beans, 35c lb.; asparagus, 15c bunch; green peas, 35c lb.; strawberries 35c. qt.; rhubarb, 2 bunches, 10c; pineapples, 35c each. HRODUCE BUYING Country butter, 40 cents lb.; eggs, 21 cents a dozen; chickens, 24 cents a pound. FRUITS Bananas, 15 cents pound; lemons, 30 cents dozen; oranges, 29 cents doz.; rsavei oranges. 60 cents doz.; grape-1 fruit, 10 and 15e; cocoanutt;, 20c each; I -- i.J, lUCll., IJUfllll T' 111 j nuts 4?i flnH rlr ontc 1H Viocnntc I I 50 cents lb.; pineapples, 30c each; apples, 5 to 0c lb.; $1.25 to $3 bushel; tangerines, 50c dozen. LOCAL GRAIN MARKET Richmond flour mills are paying $1.20 for No. 2. LOCAL QUOTATIONS (Furnished by Whelan) BUYING Oats, 35c; rye, $1.00; corn, 50c; straw, $8 per ton. SELLING Cottonseed meal. ton. $42.50; per cwt., $2.25. Oil meal, per ton, $52.50; per hundred weight, $2.75. Tankage, 60 per cent. $62.00 -per ton; per cwt.. $:J.25. Bran, per ton, $33.50; per cwt., $1.75. Barrel salt, $3.50. middlings, $33.50 per ton; $1.75 per cwt.; White Middlings, $38.00; 2.00 cwt DROP GENERAL BUNDY FOR ARMY PROMOTION (By Associated Press.) WASHINGTON, April 13-. President Harding approved today the list of 12 new major generals and 26 new brigadiers as prepared by Secretary Weeks, and it will be presented to congress soon. Clarence R. Edwards, who commandeu lie zotb. New England National Guard division In France, heads the list of major-generals. His name did not appear in the list which was sent to congress by President Wilson and confirmation of which was held up. The name of Brigadier-General Omer Bundy was dropped by Secretary Weeks from the list of major-generals as prepared by Secretary Baker and sent to the last congress. Asked as to the reason for droping Brigadier-General Omer Bundy from the new list of major-generals, Mr. Weeks said he was convinced that Brigadier-Generals Edwards, Bell, Bailey and Sturgis were entitled to promotion ahead of Gen. Bundy. REALTY TRANSFERS. Willard B. Dye to Wm. A. Hunt and Mary, $1, lot 2 Wm. Wiggins' addition city. George A. Cutter et a! to Inez M. Hir&hburg. $1, lot 25, D. W. McWhinneys addition city. Henry C. Storch to Richard H. Ressler and Emma E., $1, lots 9-10, Blk. 2, Cambridge City. Warren A. Baker. Arlmr. tn Jfisnri H. Baker, $50, lot 537, Beallview addi-1 tion city. I Haag Washing Machines Metal and Wood Tub Dennis Implement Co. 15-17 S. 7th St

WILL GRAIN SELLING PLAN STAND TEST OF EXPERIENCE, SANBORN By WILLIAM R. SANBORN. That a committee of seventeen, or of 7,000 could possibly evolve a selling plan for gram which would please every one, is not to be expected. Nor indeed that this plan will meet the views of all farmers is not to be anticipated. The advocates of compulsory pooling, at Chicago, put up a long fighl before they ratified the plan submitted. To the average man, farmer or other, compulsory pooling doesn't seem to fit in with American institutions, and had that form of proceedure been adopted it would doubtless have had serious effect on the legislation now planned for at Washington. The live stock committee of fifteen are in the same boat. It is not unlikely that theirs will prove the most difficult of the two problems in the work-out. But these committees are entitled to credit for what they are trying to accomplish; also time to test their theories. It is a farmers' proposition. It will stand or fall on its merits and workability. Its carrying on will require a world of capital and, in the aggregate an army of employes and many expensive central and regional offices, even with the use of the present great sysem of elevators, owned by men who must continue to make

money. regardless of how the grain reacnes tnem mis system covers ine rountry and has millions of bushels of capacity at the seaports for export business. Have No New Markets. The farm bureau folks have discovered no new markets, nor any new style of human need or of human nature. They are to supply the same wants. They are to continue to meet world competition. They are not intent on scrapping present facilities, but will use all of Ihem in-so-far as else remained to do and therein lies the strategy of the plan. At the beginning of the new marketing plan this !s of course, inevitable. How far these facilities "will be absorbed by purchase in the course of years depends on many things. The various co-operatively owned elevators in the rural districts will A

THE RICHMOND PAIXABIUM Established 1831'

I

form the nuclei around which the larger marketing. bodies will begin to function. These little 10.000 and up to 20,000 bushel plants have been falling into co-operative bands quite freely of late, each on its own individual basis as a local proposition. Unless these can move their grain out freely they can handle only such a small percentage of the grain crops of the country that the amount stored will be practically imperceptible on tht billions of bushels of corn, oats, wheat, rye, barley, flaxseed, etc., this country produces. It would take a very large number of these elevators to fill one of the Armour elevators, capacity 10,000,000 bushels, at Chicago, and this Is but one of the many great elevators at Chicago, and at other market centers. All of these will still be available for the storage of farm crops, regardless of through what channels the grain may reach them, or who may do the marketing. "Farm Bureau Activities." Under the above caption, and with reference to the new marketing plan, Wallace's Farmer, owned by our new secretary of agriculture, has this to say. The article was written by Carl N. Kennedy, editor, was printed in the issue of April 8, and is quoted verbatim, as follows: "Industry." a magazine published in Washington, D. C. makes an attack on the American Farm Bureau Federation and the grain marketing plan of the Committee of Seventeen, in a recent issue. It is interesting to analyze the main statement advanced, which is as follows: "The American Farm Bureau Federation is attempting to control including price fixing the marketing and sale of the entire wheat crop of the United States." "Including price fixing" sounds vicious to many people. "It cannot be done," is the way Chairman C. H. Gustafson, of the Committee of Seventeen, answers the proposition. "The buyer is the man who sets the price on any product. Probably we can control enough of the grain so rhat we will be able to give the farmers some bargaining power." "Over a temporary period price fixing, even if possible, would result in pyramiding production, due to increased profits, so that over-production would break any system based on that plan. The success or failure of the new marketing plan will have to depend on greater marketing efficiency, better distribution and marketing of the grain over the entire year. There is no answer to this except the answer of experience. Mny of

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the local co-operatives have failed because they have not done this. The large and successful concerns, however, have met this test." -The Test of Time "The whole question of the marketing plan' of the Committee of Seventeen comes down to this point Will co-operation work on a large scale? Those who believe that the principle of co-operation is wrong believe that it will fail, while the others who think that co-operation is a workable ideal hope for its success. The only way to find, out is to try it. If marketing grain by co-operative methods is not a plan based on sound principles and characterized by good management, it will go to pieces of its own accord. The critics of the plan may well await the verdict of experience." Position Fairly Stated. We believe that editor Kennedy has treated the committee of seventeen, and its marketing plan in a fair and dispassionate manner. He acknowledges that there may be breakers ahead. That it is a venture on an uncharted commercial sea. Every well-wisher of farm organizations will Join in the hope that the months of work, miles of travel and the thousands of dollars spent in this endeavor will not have been wasted. This is not simply the problem of the farmers, it is a problem lying far deeper than that It affects the bread supply of the nation and the buying capacity of the farmer, the foundation of national prosperity. The break in the price of grains and

Briefs I All Master Masons are re quested to meet at Masonic Temple, 9th and North A Sts., Friday, April 15, at 1 p. m. to attend funeral of Bro. Herbert P. Bradley. Archibald Campbell, W. M. NOTICE LEGION MEN , Meet at Post 7:30 Thursday evening to go to the home of Bro. Herbert Bradley. Signed, Commander Mather.

live stock is more responsible for the present stagnation th&n are world conditions, much as these were primarily the cause of the fall in commodities, in a wholesale way.

W. C. T. U. SECRETARY DIES MADISON. Ind.. April 13. Mrs. Rose Pearce, for 15 years recording secretary of the W. C. T. U. of Indiana, died at "her home here Tuesday. Mrs. Pearce was born in Guilford, England, and came to the United States in 1894. She represented the Indiana W. C. T. U. at the international conference of that organization In London In the spring of 1920. She was the wife of the Rev. G. W. Pearce, a Presbyterian minister, who has had a number of charges in Indiana. It's Easy If You Know Dr. Edwards' Olive Tablets The secret of keeping young is to fed young to do this you must watch your liver and bowels there's no need of having a sallow complexion dark rings under your eyes pimplea a bilious look in your face -dull eyes with no sparkle. Your doctor will tell you ninety per cent of all sickness comes from inactive bowels and liver. Dr. Edwards, a well-known physician in Ohio, perfected a vegetable compound mixed with olive oil to act on the liver and bowels, which he gave to bis patients for years. Dr. Edwards Olive Tablets, the substitute for calomel, are gentle in their action yet always effective. They bring about that natural buoyancy which all should enjoy by toning up the liver and clearing the system of impurities. Dr. Edwards' Olive Tablets are known by their olive color 15 and COc. -Advertisement Summer Flowering Bulbs Cannas, Caladiums, Dahlias, Gladiolus, Tube Roses, Tuberus B?rgonias. OMER G. WHELAN The Feed Man 31-33 S. 6th St. Phone 1679

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